View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

fi

8

BANK
RECORD
*(*.

DECEMBER

U.

IN

S.

PAT.

OFFICE

RETROSPECT

p«g®

Commercial

and

Financial

Cotton

Events

1

—

Course of the Stock Market

Hides and Leather

9

—

Iron and Steel Trade.

18

Dividend Declarations

8

Money Market

__12

New

7

_

111

.......

Security Issues......

.11

Federal Reserve Bank—Brokers' Loans 112

Petroleum and Its Products

9

Foreign Affairs

Rubber

8

5

Foreign Exchange

—

113

.

Grain—Coffee—Sugar

INDEX

TO STOCK

Stock

Exchange

{

Exchange

New

New York Stock

Exchange

York Stock

41

Exchange—Bonds.....19
Exchange—Stocks

■.

_

Philadelphia Stock Exchange..

61

60

Pittsburgh Stock Exchange....

.69

64

..

San Francisco Stock

Exchange

62

INDEX TO GENERAL QUOTATIONS

V\

Page

Banks and Trust Companies-

102

Domestic

111

Canadian

v

Canadian

Exchange Seats
Land

Public Utility Bonds

92

Bonds

Public

Bonds

—

9§

Industrial Stocks
Insurance Stocks

Railroad Bonds

81

.

—

Railroad
Real

100

Investing Companies Securities

...

72

Joint Stock Land Bank—-

Mill Stocks—see Textile Stocks—
85

B.

William

DANA

of

71

Real Estate Trust

.101
and

Land Stocks

..86

Textile Stocks

86
and

Safe

Deposit

Stocks

85
United States Government
Securities. .92

United States Territorial Bonds

Spruce

.92

1940

COMPANY.

Street, Corner

67

.....

Estate Bonds

January 4,

WILLIAM

78

Stocks

Ti11 e Guarantee

Securities .L—..rmm .84

Mining Stocks

73

Utility Stocks..^

85

Foreign Government Bonds
Industrial

92
94

_

84

Bank

Pa,a

Municipal Bonds—

Domestic




i!

31

66

.

Angeles Stock Exchange

Federal

10

P»g«

New York Curb

64

Detroit Stock Exchange
Los

Treasury Financing

68

I

Chicago Stock Exchange..
Stock

9

States

67

Boston Stock Exchange.

Cleveland

United

EXCHANGE QUOTATIONS

Page

Baltimore

Textiles

8

PUBLISHERS

Street, New York

!> i!




jlafc gcposit auxl 'IJrust
/

Co.

BALTIMORE—

—OF

i

•
_

Capital $2,000,000
Surplus and Profits

$4,196,364

gJINCE 1876 this Company has devoted
vation of

of its
It

is

highly trained organization in
one

country

itself

and conser¬
estates—specializing the whole effort

exclusively to the management

of

the

few

trust

this business.

companies in the

which has never engaged in

banking, selling securities, etc.

general

Its Directors are:

Charles H. Babcock

A. E. .Duncan

Edwin G.

William L. Galvin

Baetjer

Robert Garrett

William G. Baker, Jr.

Howard Bruce

J. Edward Johnston

.

\

George C. Cutler

Charles E. Rieman

Lyman Delano

/V

6

Blanchard Randall

/

/5

BANK ^QUOTATION

RECORD
REG.

U.

8.

PAT.

OFFICE

Copyright in 1940 by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. C.
Entered

tho Post Office

Second Class Matter, March 9, 1928, at

as

NEW YORK, JANUARY 4,

VOL. 13.

while

Bank

Quotation Record

and

March 8, 1879

at New York, N. Y,, under the Act of

in

the

invading

NO. 1

1940
Finland

north

Russians.

stubbornly

was

Finland's

of

Because

the

resisting

promptness

in

paying her debts, the general public and the Administra¬
The Bank and Quotation

Record is one of the companion publication

Washington sought to take steps to help that coun¬

tion at

of the Commercial & Financial Ohronicle and is issued monthly.
Terms for the Chronicle are S18 per annum within the

and U. S. Possessions and Territories; 219.50 in Canada;

$21.50 in South

and Cuba, and 223 in other foreign

Central America. Spain, Mexico

and

United States

countries.
The subscription price to the

Bank and Quotation Record is 212.50
Single copies are sold at

Postage outside of United States extra.

a year.

21.50 per copy.

in

try

neutral

status

Drapers* Gardens. E.G.

Finland, withdraw its Ambassador from Moscow went

upon

unheeded

by President Roosevelt because, it was said, the

Street. New York

William Street corner Spruce

hand

should

Finland

in

statement

of the last

witnessed

depression, "numerous social and econojhic

great

a

of a decade which has

year

changes, and finally two major wars in Europe drew to a
close

sion

in

vene

rather

a

of

the

Jan.

on

speculation
tion

quiet fashion.

3,

on

op the country

during the month

to be centered

tinued

earth to

with

the

of

Roosevelt,

President

The

States,

of the- world in the

23

Dec.

on

through

by ^enlisting the

it

marked

to throw

churches of the world

United

called

their

coopera¬
cause

*

all

upon

influence

behind

of

the

the

nation

world

announced

and

peace,

that

as

send

would

he

Chairman of the United States

representative

Pope

to

Dr.

Rev.

the

toward

Myron

C.

of

$234,693 when she paid it (as she did)

President

Seminary and

President

and at the same time he

of

the

world

In

situation.

nearly

Pope, the Rev. Dr. Buttrick
dent

Jewish

identical

.

welfare

.

Declaring

of

find

to

.

nations

he

that

the

again

and the

considering

men

are

may

well be at hand.

a

new

letters

not

are

past

the

periods

relations

seeking

in

were

"guiding

a

without

of the world

which

the

cannot

be

order of things, the new order

I believe that it is

even

now

in the hearts of the

heard, but whose

write the

history of

our

velt

he would

welcome to the

said

to

"I believe that ■while states¬

built, silently but inevitably,
whose voices

was

faith

peace

rebuilt," the President said:

upon

Rabbi Adler, the Presi¬

and

situation with

compared the present

turmoil.

in

Theological

problems arising out of

the history of the world when international

light

America, and

leader of the Jewish faith, to call

a

him from time to time to discuss the

the

.

time."

common

being

masses

faith will

House

religious

leaders of all faiths who desired to discuss "with him efforts
to achieve world

President's
motivated

peace
not

so

which

moves,

much

by

considered

were

the desire

to

take

to

be

immediate

steps to bring the warring Powers to the conference table,
as

by the desire to be prepared to bring all possible

ask

on

the

pressure

Finland has made in the last few

And* third,

ner.

President

the

Dec.

on

10

port-Import Bank and the Reconstruction Finance Corpora¬
tion

which Finfhnd could

with

buy "agricultural surpluses

and, other civilian supplies" here.
Graf Spee

and Protest of American Nations Against Violation
of

'

Safety Zone

*

Although the United States last month was for all
tical

purposes

isolated

from

European

the

war

ever,

gave

offing.

no

The

in

indication

stalemate


r


Behalf of Finland

two battlefronts

unexpected situation arose which brought the war zone to
the Americas.

Spee

was

The German pocket battleship Admiral Graf

raiding Allied shipping

Dec.

on

countered some units of the British Navy.
and

German

the

national

ship

was

Uruguay.

Montevideo,

forced to enter

Standing

after

and

law

13 when it

the harbor

rules

the

on

that

on

the

an

early

Western

month, how¬

peace

Front

was

in

the

continued,

en¬

A battle ensued

consulting the other

of

in

inter¬

American

re¬

publics, Uruguay ordered the Graf Spee to leave the harbor
after

Instead of facing the units of the

three-day stay.

a

British and French navies stationed outside the harbor, the
German
of

ship

which

As

scuttled

was

were

later

direct result

a

ican republics,
to France,

violations
which

of

by its

interned

own

crew,

Buenos

in

that

of the Graf Spee incident,

on

the 21 Amer¬

Great Britain and Germany on^Dec. 23 against
of

the

safety

Declaration

the

selves

the members

Aires, Argentina.

including the United States, jointly protested

zone

belligerent activities

the

around

were

the

barred

2

of

Panama.

The

Americas from

uncled the

American republics were consulting
ways

terms

protest served notice
among

them¬

and means for strengthening the safety zone

against warlike acts.
New Session of Congress

The problem of

•

increasing the appropriations for national

defense while at the same time reducing the total budgetary
expenses

to a point

more

receipts in the next fiscal

dent

last

in

accordance with the terms of the Neutrality Act of 1939, an

nearly approaching the estimated
year

appeared to be the major task

details

the

prac¬

zone

tunity presented itself.
Moves

years,

approved the

facing the session of Congress which convened Jan. 3.

on

of

the,benefit of the Finnish people in some neutral man¬

to bear for peace whenever in the future a favorable
oppor¬

The activities

The

Dec. 15.

permission

that sum, and possibly the other war debt

use

Favorable receptions greeted the

peace.

would

he

.

On Dec. 29 President Roose¬
White

that

opening of $10,000,000 credits to Finland through the Ex¬

retired

George A. Buttrick, President of the

Cyrus Adler,

indicated

Finland's war debt payment

account

suspense

Congress to*
for

directed.

was

Dec. 5 that he had in¬

on

Secretary of the Treasury Morgehthau to set aside

special

he

XII, with the rank of Am¬

Pius

embargo

the

a

the

end

his personal

as

Federal Council of the Churches of Christ in

Rabbi

this

Taylor,

Steel Corp.,

bassador,: but without portfolio,
invited

step

a

whom

against

in

•

of

cause

"unprovoked bombings" of civilians.

of

Second, the President disclosed

payments- which

Europe marked the "peace

the

cannon,

of the religious leaders

peace. '

review con¬

under

of goodwill" spirit of the Christmas season

men

booming

President
tion

usual degree of

Europe's two wars.

upon

While the major countries of
on

the

there was less than

be

ses¬

the legislative agenda, and instead the atten¬

airplane manu¬

Although not mentioned by name, Russia was assumed to

structed

the third

Although

.

Seventy-sixth Congress was scheduled to con¬

arise.

sell equipment. to nations

exporters not to

guilty"

peace

desire to help

First he issued a formal

Dec. 2 calling upon American

and

"obviously

EVENTS

FINANCIAL
The last month

diplomatic representative on

possibility of negotiating a

number of ways.

a,

on

facturers

AND

OF DECEMBER—COMMERCIAL

REVIEW

have his

to

the

Nevertheless, the President manifested his

DANA COMPANY, Publishers,

WILLIAM B.

some

quarters that the United States, because of Russians attack

President desired
Smith, 1

from

demands

The

Nation.

this

of

Salle Street.

CHICAGO OFFICE—208 South La
LONDON OFFICE—Edwards &

with Russia without endangering the

her struggle

were

included in his

have made
some

available last month

of

budget.

on

Few

what figures the Presi¬

Although he

was

reported to

heavy slashes during the preliminary studies in

the

largest

agricultural benefits,

categories~of

expenditures,

including

reclamation, relief and others of the

MONTHLY REVIEW

2

According to the Associated Press advices

decided to ask Congress to
in rivers and harbors
improvements, the restriction of the budget to a $2,000,000,000 deficit was thought to depend upon the willingness
of Congress to cut expenses and the maintenance of rev
"recovery" category, and to have

Marketing Agreement Act of 1937 and the

On Dec.

,

request the restoration of the item for parity payments
President is reported to have deletec

to

farmers which the

to

Senator O'Mahoney
reduction in the
budgetary figure for the reclamation service.
Faced with
a Congress which will be devoting most of its attention to
the fact that it is a presidentialMection year, President
Roosevelt was reported to be planning to present three
choices to Congress in the matter of finances during the
and at the same time

from the budget,

made

plea to the President opposing a

a

fiscal year:

next

officials as a result of the Department's
anti-monopoly campaign in the building industry.
Earlier
in the month Mr. Green asked Attorney General Murphy

of Justice held the view that the
applied to labor- organizations and their
members.
Mr. Murphy on Dec. 2 said that the Department
did hold such a view, saying that "it is only necessary for
whether the Department

that

the

Treasury

continue to finance the deficits*.

can

Trade Agreements

of the

probably be the question of renewing the Reciprocal Trade
Act which expires next June.
Opposition to
the renewal of the Act has become marked during the last

especially from the farm groups, who claim
treaties have taken away the protection
old tariffs afforded the American farmer.
Re¬

months,
the

critical

been

particularly Senator Vandenberg, have
Secretary^duirs^recipfocal trade treaties.
took its first definite turn on Dec. 10 when

leaders,

publican

of

This criticism

Martin Jr., House minority leader, announced
of a special committee of 10 Republican
members of the House Ways and Means Committee to study
the effect of the reciprocal treaty program.
Replying to a
statement by Senator Vandenberg that the Senate Finance
Committee should investigate the program, Secretary Hull
indicated on Dec. 26 that he would welcome such an investi¬
Joseph
the

Wire-Tapping Case

W.

well

ruling

Federal

as

on

wire-tapping

courts.

appointment

Supreme Court Ruling

that

intends

he

Supreme Court
the

In

Dec. 4.

on

that

held

court

unanimous decision the

a

Commerce Commission

Interstate

the

for

proposal by one road to lease properties of another.
The case was brought before the court on an apx>eal by the
a

Chicago Rock Island & Pacific Railway Co., which chal¬
lenged the right of the ICC to condition its approval of'the consolidation in question on the road's agreement to

Reciprocal Trade Agreements Act.
Building of Small Hospitals Proposed by President—Wagner Health
Bill

protect the interests of 69 workers affected by the
Held
bill.

from

over

sessions is the Wagner health

previous

Other Supreme

of this bill at the
present session were reduced as a result of the President's
announcement on Dec. 22 that he was considering a plan
Prospects

whereby

for

pitals in

States and localities

facilities

themselves.

President

rejected

would

Government

Federal

the

consideration

the

In

the

too poor
this

making

Other
month

announcement

decide

with

that the poorer States could not, as

grants in order to obtain projects.

Public

the

Administration

Works

turned

local

to

over

and

the

management

the

should

strike

a

A

Stock

proposal which may come before Congress is
one calling
for a better integrated system of private and
public utility facilities.
At a press conference on Dec. 5

Court

system of

in

National

of the

Corp., had said

Power

on

in

a

holding

that

the

duction

distribution

and

munity

from

of

anti-trust

the

of

the

United

enactment

agricultural

The ruling bearing on

handed
held
trust
to

down

on

Dec.

by

Congress

and

•

laws

restrain

right

decision

the court

up¬

the anti¬
involving alleged charges of conspiracy
interstate commerce in the marketing, distribu¬
to

prosecute under

actions

tion

and price-fixing of milk; the case affected milk pro¬
ducers, distributors, and handlers in the Chicago area, and

affected

Chicago

the

transportation

market

Wisconsin

and




of

milk

Indiana.

to

and

produced

in

a

to

contention

that the National Labor

direct the reinstatement of strikers

and

Chicago

is

a

common

livestock

unloading

carrier whose rates

were

subject

to

ICC

of the

New

York ,City

2% sales tax
foreign

unconstitutionally hampered interstate or

on

holding that the Employees Representative Com¬

4

Dec.

Newport News Shipbuilding & Dry Dock Co. must be disestab¬

a

start made,

new

manner

though the union has been cbnducted

even

since the court upheld the Wagner

Act.

Upholds Legality of Motor Carrier Act

special Constitutional Court, sitting in
on Dec. 4 ruled that the Interstate Com¬
authority to regulate the hours of

Commission" has

employees of common and contract motor carriers.

trict

commodities im¬
another decision

and

tribunal,

the

distribution

Illinois,

in

the

Michigan,

of

Columbia, and Associate Justices Jennings Bailey
Dickinsbn

F.

Letts

of

the

Federal

District Court in

Washington.
The

two-to-one

decision,

removed

which

an

estimated

150,000 to 200.000 workers from under the maximum hours

Supreme Court last month.

Under the

cor¬

kind which is called into existence
of a Federal law is questioned in an
injunction suit, consisted of Chief Justice J). Lawrence
Groner of the United States .Court of Appeals for the Dis¬

of

the agricultural marketing laws was
4.

Government's

the

States

that lie

"wholly-owned

a

whenever the legality

barring the use in Federal criminal trials of evidence ob¬
tained directly or indirectly by tapping wires featured the
activities

the ground

on

of

-

three-judge

merce

layvs did not give the pro¬

statutes

on

application

that
cases

proper

A

all

marketing control

of Chicago

agreeing to review decisions of the New York State

4

Appeals

The

decision

Federal income tax deficiency

Washington, D. C.,

Supreme Court Rulings
A

of

Co.

separate

decision

Dec. 6 that the proposal was

the Chamber of Commerce of the
Dec. 9 warned that such a proposal would

utilities.

agricultural

to "

actually obstruct the free flow of commerce.
4 affirming a lower court tribunal that the Union

Federal Court

the way for further Government competition with the

private

pass

authority

loading

Dec.

on

lished, and

unnecessary,

United States
open

on

Dec.

Transit

&

mittee of the

Committee, were held during the month.
After
Wendell
L.
Willkie, President of the Commonwealth &
wholly

of

three

A

Policy

Southern

order

commerce.

Regional conferences to study

direction

under the

proposal,

Yards

to

no

not

on

charges' for

An

super-grid of higjh-tension transmission lines linking the
areas of the country worked out in the

the

Griffiths

29

initiate

supervision.

principal industrial

interests of national defense.

had

did

decision

and

Another

a

W.

to

penison

1933

a

Jan.

Government from proceeding
Dam project.

Federal

the

sustaining

held

be

State of Oklahoma

the

because of the formation

4

Dec.

on

Board

Relations
if

a

permit

the' $54,000,000

18

exempted

be

refusal

A

to

groups.

Roosevelt indicated his desire to see

of

George

against

not

enjoin

to

Dec.

arguments

oral

that

poration."

Integrated System of Private and Public Utility Facilities

President

seeking
on

will

court

construction

18

Dec.

on

the

whether

assessed

The President
said that the plan he was considering called for^hospitals
costing about $150,000 each, the funds to be supplied by
Federal

*

issued

decision

A

decisions and actions of the court last

important

proceedings

the

bill on the ground
the bill provides, match

health

Wagner

change.

Court Action

were:

order

An

Hos¬
to provide health
small

build

has

to require railroads to make adequate pro¬
the protection of employee's before consenting

authority

visions
to

He told his press conference on Dec. 12
ask Congress in January to renew the

to

workers who might suffer from a merger of Gov¬
corporations was handed down by the

ernment-regulated

supported and voted for the Hawley-Smoot embargo
policy."
Desxiite the opposition, President Roosevelt still
favors the reciprocal trade treaty method of dealing with

problem.

Rail

ruling strengthening the power of the Government to

A

protect

who

the tariff

Right of ICC to Protect Workers in

on

Mergers

"exclusively to those

gation, provided it was not entrusted

be

»

,

evidence was con-**
tained in two decisions handed down on Dec. 11.
The
court
held
that evidence developed through
the use of
clews obtained by wire-tapping could not be used in crimi¬
nal
cases
and
that
intra-State telephone conversations
could not be tapped to obtain evidence.1 Some observers
were of the opinion that the court's decisions would have
the effect of proscribing wiretai>ped evidence in State as
court's

The

that the reciprocal
which

held in several decisions

point out that it has been so
Supreme Court."
Decision in

Agreements
two

to

me

before Congress will

A second controversial issue to come

laws

anti-trust

debt limit, now fixed at $45,000,000,000, so

to raise the public

Federation of Labor, and

Green, President of the American

Second, to raise the necessary taxes.

Third,

A

over

Justice Department

farm aid, rivers and

in unemployment relief,
and highways.

but

the application of the anti-trust laws to
labor unions had- arisen in recent months between William

controversy

works

control

flood

and

question which was presented to the court i£ this case
which the court said was "not oxien on this appeal."

-

to cut expenditures

First,
harbors

Capper-Volstead

farmers to organize to market
their crops.
Tliey claimed these laws gave the Agriculture
Department control of crop marketing.
Some disappointment was expressed with the court's de¬
cision because the court refused to rule on the question of
whether trade unions were subject to the anti-trust laws, a
Act of 1922, which permitted

$6,000,000,000 figure.
•
27 Senator Bankhead called upon the President

least at the

at

enues

from Washing¬

ton, Dec. 5, the decision, by Chief Justice Hughes, dealt only
with the question of whether the defendants were exempt
from the 1890 Anti-Trust Act by virtue of the Agricultural

for others, particularly

defer outlays

I

irovision

irouglit
four

of

the

Wage-Hour

Act,

was

rendered

in

a

suit

American Trucking Associations, Inc., and
carrier firms to force the ICC-to assume such

by the

motor

that the
Motor Carrier Act of 1935 empowered it to regulate the
lours of only those motor carriers' employees whose^ work
involved a "safety factor," such as truck drivers. ~ '
jurisdiction.

The

court

The

held

ICC

in

ICC had authority to

a

had

taken

the

position

majority opinion, however, that, the

prescribe reasonable requirements re¬

garding qualifications and maximum hours of service of all

j

JAN.^1940]

MONTHLY

REVIEW

employees of those highway carriers coming under the 1935
Act.
Signing the majority opinion were Chief Justice
Lawrence D. Groner and Justice'Jennings Bailey.
Justice

E.

F.

that Eugene

Letts dissented.

Dickinson

-

Swan

dissenting.'

bers of

do

the

his

another,

understand,

member

Labor

member,

or

for

cants

The

in

preference to

non-union

a

the

that

Dec.

employer may not,

reinstate

order

an

Circuit

States

of

National

the

Court

of

without

company's

the

the

court

L.

Circuit

Courts

had

Hold

Trade

Fair

said

plea

a

the

District Court

handed

was

the

union

Unc8nstitutional

Acts

Michigan—were declared
Court decisions

Ingham

"should

Fair

Trade

of

two

States—Maryland

unconstitutional

in

Circuit

Court

State

W.

He

extension

two-month

asked

been

for

2c.

was

nine-month

a

scheduled

to

Under

of

the

the East.

trade

basic

of

the

Dec. 9

F.

on

rate will continue until iMarch 24.

The ICC ordered

hearing for Jan. 4 at which the East¬

a

roads may offer testimony in

ern

behalf of their plea that
be again extended to Nov. 31, 1940.
Since inauguration of the 2.5c. fare most of the Eastern

the 2.5c.

fare

railroads

have

reduced

mile

for

the

first

scale

to

1.7c.

for

Emit Schrtim

President
Chairman

100
901

miles

Roosevelt

of

round-trip

or

fares

established

a

to

2.25c.

a

decreasing

more.

the

arid

F.

on

Dec.

Reconstruction

11

added

Finance

Policy Committee.

In

Emil

a

letter

to

war

Belgium

-

in

tion

a

He

Governor

as

as

Names

D.

power

Roosevelt

W. Bell His Successor

The resignation of Jol\n W, Hanes as
Under-Secretary of
the Treasury, effective Dec. 31, to Renter private business

White House
Ambassador

as

an¬

to

Dec.

on

12

on

a

leave

of

Farm

Credit

Administration—

C. Black Successor

Dec.

20

the

appointment

it

is

Secretary

on the future lending
policy of the
dispute, it appears, arose over the transfer of
the FCA to the jurisdiction of the
Department of Agri¬
culture* as provided by Reorganization Plan No. 1.
H.

D. Jacobs Named Administrator of
Wage and Hour Division—To

Serve Pending Action

,

to Qualify Col.

Fleming

Harold D. Jacobs, who has been serving as
Acting Adminis trator of the Wage and Hour Division of the Labor
De¬

since

partment
was

Oct.

18, when

appointed Administrator

announced.

The

President

Elmer
on

F.

Dec.

Andrews

1,

the

resigned,

White

House

has

already appointed Colonel
Philip Fleming to succeed Mr. Andrews, but due to Army
technicalities it will, it is said,
require special congres¬
sional action to approve this
appointment.
Meanwhile Mr.
is

expected

the

title

fill the post
Administrator.

to

of

until

Colonel

Fleming

Threatened Seamen's Strike of Atlantic Coast
and Gktlf Seamen

to

needs.

to

The

The deadlock

deep-sea

in

negotiations in New York City between
operating from Atlantic and
the National Maritime Union over a new

shipping

companies
was

Resigns—-President

Assistant

Agriculture Wallace

which

Hanes

in 1935.

program

because,

agreement

and emergency

in

of difference of opinion between him and

agreement

Treasury

to

Governor of the Farm Credit Administra¬
F.
F.
Hill, who resigned

of

of

Hill

Become

to

continue

United States

wagewage

both peace-time

B.

Department

the

named, and will take up his
Department about Jan. 10.
Mr.

State

"in its efforts to work out in

meet

Grover

joined

problems, the

Gulf

Under-Secretary

of

is

Schram Mr. Roosevelt said the committee desired the assist¬
ance and advice of the lending agency
of the Government

to

its division

agricultural relations.

1936.

will

successor

the

succeed

to

FCA.

Mr.

ferences
with
representatives ^ of private utility systems
•during December to determine what facilities are necessary

chief of

of

Roosevelt announced

G. Black

assumes

Cooperation with private utili¬
ties plans for meeting future power requirements of the
^country under all circumstancesr"
The committee held con¬

as

Ambassador,

emergency

26.

Resigns

President
of A.

'Scliram,

Corporation,

Washington in

Dec.

Hill

Jacobs

Appointed to National Power Policy Committee

National "Power

the

their

miles.and

Hill

President Names A.

Jan.

24.
Previously the fare
Commfssion's recent order the 2.5c.

the

by

of absence.

of

fare,, which had

Secre¬

accepted

was

appointed

Mr.

Assistant

as

5,

Mr. Brown resigned to join

director

President

Davies returned to the

the

railroad
on

and

Brown.

Davies,

duties

new

cost was

2.5c.

Dec. 4.

on

Dec.

Valley Authority

the

Belgium until

Circuit

12 author¬

The roads had

extension

expire

Dec.

on

effective

Joseph E. Davies, Ambassador to Belgium, will become a
special assistant to Secretary of State Hull on international

of

ICC Extends 2}^-Cent Rail Coach Fare Two Months

to

E.

stated,

The Interstate Commerce Commission

Appointed Successor

Secretary of State Hull

unconstitutional.

a

Mr.

came

Joseph

at

Maryland law forbidding sales below

passenger coach fare in

21

Hill

Harry L. Brown

Oklahoma, had charge of the cattle-buying

Samuel K. Dennis of the State Circuit Court held that that

ized

Dec.

succeed

and

Carr in

of

1934 and, as Regional Director for
Texas, New Mexico and

cone

Laws

B.

demonstrations

On

down

be

Tennessee

test

Lansing, Mich., ruled
against the Michigan law as interfering with the principle
of free competition, and held" that the statute was "invalid
in
its entirety."
Meanwhile, in Baltimore, Chief Judge
part of the

FDIC.
Following
Mr. Crowley, who

Roosevelt,

the

Assistant Secretary of Agriculture to Join

as

Agriculture,

nounced

Dec. 21.-; Judge Leland

on

County

Resigns

President Roosevelt

Michigan and Maryland
The

of

FDIC since Feb. 15, 1934, is
stating that he dntended to accept the chair¬
Standard Gas, but that he would "stay with

resignation
of

tary

the decision.

State

That Agency

pending final disposition
important problems that confront the FDIC.

Brown

The

pel led to answer in damages" in Pennsylvania State courts?
Sylvan II. Husch, Apex'counsel, announced that he would
ask the Supreme Court for a \frit of certiorari for a review
of

President

TVA—G.

In setting aside the verdict against

opinion.

an

union

as

some

H.

Labor

awarding the company $711,932 damages, against the
American Federation of Workers, an affiliate of the Con¬
gress of Industrial Organizations, for a strike in 1937.
The

the

with

Chairman

manship of

of

rehearing of the decision which set aside

dismissing

Temporarily Continue with

the President for several months"

verdict

order

been

reported

Organizations

Appeals at Phila¬
delphia, Dec. 28, denied the Apex/Hosiery Co.'s petition for
a

to

the new post at that time.
It was made known
that Mr. Crowley will continue for several months

employees with- back pay.

seven

United

11

has

Apex Hosiery Co. Appeal Denied by United States Court

The

of FDIC

conference

a

under

American Federation

an

of Industrial

Relations.

to give precedence to his duties with the

rather than non-union

men

an

Congress

a

for employ¬

Relations Board calling upon the National Casket Co., Inc.,
to

Assistant to the

an

Crowley, Chairman of the Federal Deposit Insur¬
ance
Corporation, was elected Chairman of the Board of
the Standard Gas & Electric Co. at a
meeting on Dec. 8 and

in preference to either, if all three are appli¬

.man

overruled

decision

S. Duffield, who has been

Crowley Accepts Chairmanship of Standard Gas & Electric Co.

—Head

position.

same

Treasury

Leo T.

employer to hire mem¬

an

union

or

therefore,

applicants

upon

pain of committing ah unfair labor'practice, select
of

Press

L. T.

majority opinion Judge

Actjs not to compel

rather than

not

of. the

Treasury, which has been the supervision of public
relations, will be" carried on by Charles Schwarz, Director

of

assumed

union

one

We

men.

In

rights upon employees, not

The purpose of

ment.

Secretary

for the

said:

The Act confers

to

Morgenthau

Secretary since Nov. 1, 1938, has resigned, effective Dec. 31,
1939, to return to private employment.
His principal work

an

Hand

Assistant

as

Secretary of the Treasury Morgenthau announced Dec. 16

,

employer, under the National Labor Re¬
lations Act, to discriminate in the employment of union and
non-union workers was upheld on Dec. 11 by the United
States Circuit Court of Appeals in New York.
The two-toone decision was written by Judge Thomas W.
Swan and
was concurred in by Judge Augustus N. Hand, with Judge
Learned

Resigns

'v'>

*;

Appeals in New York

of

Duffield

'

Right of Employer Under Wagner Act to Discriminate Against Union
and Non-Union
Workers Upheld by
U. S. Circuit Court of

The right

S.

3

a

ports and
new

ended
will

Dec.
run

The ntyw contract will rep"ace the
scheduled to expire on Sept.

30,

Dec.

31.

Frank

J.

Taylor,

one

but

27

by the initialing

until

which
was

President

of

Sept. 30,
was

extended
the

1941.

originally
until

American

Merchant Marine Institute and chairman
mittees

M. U.

announced

contract

of the joint com¬
steamship companies, and the N.
they had agreed to a renewal of the

representing" 19
that

covering wages

moving all

threats of

a

and

working conditions,

seaman's

strike

that

thus

was

to

re¬

take

midnight Dec. 31.
on Dec. 21.
Mr. Hanes^
previously been a member of the Securities and
Philadelphia Truck Drivers' Strike Fnds
Exchange Commission, assumed office on July 1, 1938, as
The strike of fuel and coal truck drivers in
Philadelphia,
an
Assistant Secretary of the Treasury in
which started on Nov. 15, was ended after an
charge of tax
agreement
policies.
In October the same year he was made Underbetween the Teamsters Union, Local
470, American Federa¬
Secretary.
President Roosevelt# in accepting Mr. Hanes's tion of Labor and the coal dealers was reached on
Nov. 26.
resignation commended the "good work" done by him "af The 11-day strike caused a
tie-up of deliveries in 68 union
personal sacrifice," and lie expressed the hope that the
coal and fuel oil yards in
Philadelphia.
The union, it is
future activities of Mr, Hanes thay bring him "great success
stated, won a Compromise on its demands for 80c. an
hour,
and great rewards."
The, President at his press conference,
accepting the employers' offer of 78c., an increase of 3c.
Dec. 22, told reporters that Mr. Hanes had wanted to
over the previous scale.
quit
Helpers, bag men and loaders were
last spring but had been prevailed upon to remain in the
increased from
63c.
to. "66c.
an
hour.
The
union
was
Treasury a while.
Mr. Roosevelt announced Dec. 29 that
granted time and a half for
was

who

accepted by President Roosevelt

p ace

had

overtime in

hb

would

of the

appoint Daniel W; Bell, former Acting Director
Budget, to succeed Mr. Hanes.
Mr. Bell now is an

Assistant

to

Secretary

Morgenjthau.




a

excess

of 48 hours

week, and double time for Sundays and holidays.

of 96 fuel and coal dealers

are

indicating, it is said, that the

parties to the

union

was

new

A total
contract,

successful in organ-

MONTHLY REVIEW

4

non-union when the strike

izing about 25 yards that were
was called Nov.
16.

Corp. Strike Ends

Fish Rubber

One 'thousand

of

workers

Rubber Corp., New

Fisk

the

Congress of Indus¬

Bedford, Mass., plant, members of the

Organizations Textile Workers of America, returned
work Dec. 4 after a two weeks' strike, a settlement satis¬

trial
to

and to the union having,
it is said, been reached.
Antonio England, New Bedford
director of the union, stated that the workers struck because
of "inability to Teach an agreement" with the company's
factory both to the management

management, and j

agreement.

■

meeting

a

various

Detroit, Mich.,

at

Settled

by the debtors to our Treasury, the ordinary instal¬
ments due on Dec. 15 amounted to $161,167,556, while the
accumulated

total

arrears

less than $2,269,563,340.

no

Neutrality

American

Although a clear-cut line of American neutrality presum¬
new

legislation adopted last Nov. 3,"a good deal of

uncertainty

and anxiety continued to prevail in December

in

Dec. 27 between officials of the cor¬

on

the

President Roosevelt in the

respect to new moves by
delicate international' situation

indepen¬

with

agreement was
reached whereby the 2,200 workers who left the plant would
return to work on Dec. 28.
Detroit advices of Dec. 27 to

war.

Society,

poration and the Mechanics Education
dent union,
it was announced that

said:

United Press

the

demanded

officials

Union

.

suspended

President

of

the union,

and

six

barred from the plant by other workers.

were

the

that

refuse

company

admittance to Mr.

Labor Act.

violate the Wagner

A settlement in the strike

of bus drivers, members of the

Transport Workers of America (Congress of Industrial Or¬

ganizations), which paralyzed Flint, Michigan's only trans¬
portation system for 11 days, was announced on Dec. 12 by
Coach Co. and union officials.
Terms of
the new contract are said to include a 5c. hourly wage in¬

the Flint Trolley

but does not grant a week's vacation with pay.
Bus
and maintenance men, totaling 112, struck Dec. 2
demands
for
a
10c.
hourly raise
and
vacations

crease,

drivers
over

with pay.
Carolina Power & Light Co. Strike Settled

strike of electrical employees of
of Asheville, N. C., was

Settlement of the 11-day

Light Co.

Power &

Carolina

the

Approximately 75 men had been out on
strike since early morning of Nov. 29 because, it is said,

reached

Dec. 8.

on

refused to force its employees to join the Inter¬

the company

national Brotherhood of Electrical Workers/(American Fed¬

Waukesha Motor Co. Strike Settled

The

strike

the Waukesha

at

Motor Corp.

of Waukesha,

which kept 1,100 employees from their jobs since
Nov. 12, was settled on Dec. 12 when the International
Machinists Union 1377 accepted an agreement drawn up by
Wis.,

the

The company's

union.

of the

by the union with a vote
Details of the settlement were not available,

voted

was

officers

and

company

offer

of 471 to 26.
was

on

and accepted

reported the settlement provided for a plan insur¬
rights

seniority

ing

The agreement

and

of piece

revision

work

systems.

is to be in effect one year and reports said

provision was made for a closed or union shop.

no

theless

occasions
still

flict, the intergovernmental debt situation which is one of
the unfortunate American heritages of the first World War
showed

instalments

first

In view

improvement

no

due

came

since

Dec.

on

the

15, ""when the

newest

war

ing from the large debtors, such as Great Britain,
and

Belgium,

The so-called

war

France

settlements will be attempted.

that new

or

debts thus remain

as

a

constant reminder

of the costliness of American interference in

the

began.

Europe, it is hardly

of the recent developments in

expected that payments of any sort will be forthcom¬

to be

the affairs of

The futility of such interventions is made

Old World.

by the simple fact that another largescale "war is in progress only 20 years after the end of the
"war to end all wars," and to "make the world safe for

sufficiently

plain

Virtually all the*money due the United States

democracy."
Government

war

on

an

arrears

account

must

the

now

great

considered

be

debtors are

en¬

expensive conflict than the one from
On the basis of the original settlements, all
freely negotiated, the debts and accumulated

even more

1914 to 1918.
of which

debt

for several' of

irrevocably lost,
gaged in

were

exceed

how

$13,000,000,000.

tion for this huge loss is to

The

chief

-

compensa¬

be found in the salutary effects

of disillusionment as to American

participation in European

other

Ori£ noteworthy and significant incident of the war debt
problem concerns the sum of $234,693 due on Dec. 15 from
little Finland, which even then was engaged in an epic
struggle
it

would be made

invaders.

Russian

against
known

differences.

so-called "zone of security" around the

of

these and

in

Administration

the

suggests an opportunistic casualness
line dictated by principle and solely by the

firm

a

interests

of

course

rather

matters

than

Much the

States.

United

the

attitude

same

respect to the Sino-Japanese
conflict, and the impending lapse of the 1911 commercial
accord between Japan and the United States.
In view of
such tendencies and of the prodigious power and prestige
of the American presidential office, a degree of concern
seems justified as to the course of American foreign policy.
Perhaps the most interesting of the steps taken by Mr.
Roosevelt in December is his qffort in join forces with
to prevail also with

appears

Pius XII

Pope

ostensibly to

religious leaders,

other

and

for that trying post-war period which inevitably
provoke bitter feelings and disputes.
On the eve of
Christmas President Roosevelt made public a letter to the

prepare

will

Pope in which he proposed to send a personal emissary to
Holy See.
The emissary selected, who will have the
rank of Ambassador, is Myron C. Taylor, who is of the

world
no

early in

The

December that

Helsinki

the debt

faith"

of

in

regime

payment

promptly and in full. But President Roose¬
conference on Dec. 5 that lie would

The

faith.

Protestant

and

presidential

remarked

these

times

the

on

"In

of war.

message

of "greeting
afflict the*»

that

sorrows

these present moments

spiritual leaders, no civil leader, can move forward on a

specific plan to terminate destruction and to build anew,"
the letter said.
"Yet the time for that will surely come.

thought that, though no given action
it is well tlpt we
encourage a closer association between those in every part
of the world—those in religion and those in government—
It

is, therefore,

my

time may now be prophesied,

given

who have

a

common

send to you my

I am, therefore, suggesting

purpose.

it

Holiness that

would give me great satisfaction

personal representative in order that our

parallel endeavors for peace and the alleviation of suffering
may be assisted.
When the time shall come for the reestabworld peace on a surer

lishment of

foundation, it is of the

importance to humanity and to religion that com¬
ideals shall have united expression."
Needless to say,

utmost
mon

letters

addressed

Dr.

Rev.

George

of

the same

of

Council of the Churches of Christ in America,

Adler,

These

dignitaries

the

President ^of

nary.

occasion

on

to

were

letters.

.

satisfactory

^Less
peace

have

Federal

the

and to Rabbi

Jewish Theological Semi¬
urged to visit the White
discuss the problems outlined in the

Cyrus
House

Roosevelt

purport to the

general

President

Buttrick,

A.

Mr.

offer.

this

accepted

Pius promptly

Pope
also

preparations
no

sanction

are

in

'

President's suggestions for
his "moral embargoes," which clearly
the

than

and

law

which

in

are

line with the

pronouncement made a year ago, to the effect that meas¬
ures
would be employed "short of war but stronger and
more effective than mere words."
The difficulty often has
been

pointed out that such measures actually are a sort of

economic warfare, which might
velt

readily lead to actual war¬
invade Finland Mr. Roose¬

Soon after Russia began to

fare.

uttered

a

at

the

White

House

on

Dec.

2

a

strong con-

and at the same time he indicated
"moral embargo" would be applied to the aggressor
of the

demnation
that

quarrels.

made

problems, and the war in Finland
There is, finally, the debat¬

new

more

The

ington.

to

European nations again engaged in a gigantic con¬

naturally

entry into the last European war in
economic conflict in Europe never¬

Americas, which is regarded quite generally as the brain¬
child of Sumner Welles, Under-Secretary of State in Wash¬

to Tour

Intergovernmental Debts

With

intensified

The

arouses

or

but it

to do with our

much

the

of Labor).

eration

European

the

by

part, the enormous sacrifices made when the United States
enjoined its vessels from entering the European war zone,
so as to avoid the sort of conflicts and incidents which had

able project of the

Flint, Mich. Transit Tie-up Ended

created

legislation appears to be justifying, at least in

The

1917.

the company replied that Buch discharges would

his group, but

Smith and

an

.'.

Smith,

Russell

when

followers

an

night shifts were sent home today after a minor disturbance

The day and

caused

As against such trans¬

interest.

long period andnvithout

a

fers

ably was marked out at the Administration's own request,
Strike

Nash-Kelvinator

After

Government agencies, while other large sums
were
raised by popular subscription' in the United States
for aid to Finland In addition to the payment from .Fin¬
land, the Treasury received $9,828 from Hungary, under
the proposal of that country to scale down the settlement
terms and effect a return of the precise sum advanced, over

that wages were not involved in the dis¬

*

.

$10,000,000 could be advanced to Finland

whereby

means

by

step,

in

th^-conflict on the exportation of airplanes and bombs.
Another "moral embargo" proposal was voiced by the State
Department on Dec. 16 in the form of a suggestion that
Americans refrain from exporting to countries engaged in
the bombing of civilians the important metals molybdenum
and aluminum, which are much used in aircraft manufac¬
This

followed

velt indicated at a press

ture.

remit the sum for the benefit of the
Finnish people.
In the meantime the United States Treas¬
ury holds the sum in a: special suspense account.
The pro¬
cedure suggests the immense practical value for Finland
of having observed carefully and scrupulously its engage¬
ments.
Not only is a request for remission of the debt

Dec. 20 by

suggestion

that

technical information on the

xask

Congress

payment

to




to

be made,

but

the

Administration

also found

be added to

list

to

was

on

a

production of airplane gasoline
the moral embargo list.
The tendency of this-

expand,

and

the

uncertainty

of

status

under

the

extra-legel procedure, are proving highly uncomfortable for
many American manufacturers and exporters.
Another most interesting measure taken
by President
Roosevelt

relates directly

to the Russian

invasion of

Fin-

-

land and the straits in which the small
,

country finds itself.

The payment by Finland on Dec. 15 of a war debt
ment of $234,693 will be remitted for the benefit

to extreme lows and all accounts

of the

Russians

people,

port Bank and the Reconstruction Finance

Corporation had

opened credits for Finland in the sum of $10,000,000 for the
purchase in the United States of "agricultural surpluses and
other
civilian
supplies."
Mr. Roosevelt maintained on
Dec. 12 that this credit cannot be regarded as

modifica¬

a

their

of

every

tackers.
The conflict

at further discussion.

when

Security Zone

American

States Navy

United
to

tense

the

is the only one with even a pre¬

Many additional

ability of adequate patrol.

problems also are suggested by the Panama Declaration,
which assuredly will arouse more antagonisms and difficul¬
ties than it possibly could prevent.
None of the great
belligerent countries in Europe have expressed more than
a perfunctory interest in the declaration which changes the
rules in the middle of the game.

State

The

for

mover

Department

in

declaration

the

Washington

of

Panama,

was-

and

the

it fell

prime
to

the

formulate measures for the delineation
and defense of the step thus taken.
An international con¬
sultation was inaugurated by Washington in December, on
State Department to

the various "violations"

of

of the zone-of-security by belliger¬

The result was made known on Dec. 23, in the form

ents.

statement

a

to

British,

the

French and

German

Gov¬

transmitted through the new President of Pan¬
ama, Dr. Augusto S. Boyd.
As summarized in $ State De¬
partment announcement, this note referred to the war de¬
velopments on this side of the Atlantic and their infringe¬
ernments,

security zone.

ment of the

The American nations, accord¬

ingly, "resolve to lodge a protest with the belligerent coun¬
tries and to initiate the necessary consultation in" order to

strengthen the system of protection in common through the
adoption of adequate rules, among them those which would
prevent belligerent vessels from supplying themselves and
repairing damages in American ports, when the said ves¬
sels have committed warlike acts within the zone of security
Critics of the measure in this country have pointed

cated.
out

the Declaration of Panama," the note indi¬

in

established
at

some

length the numerous problems involved in so

hazardous an undertaking as the control of many thousands
of miles of open seaj but the State Department appeared
oblivious

all criticisms.

to

Russia

which the larger war

experts that Russia
in return for the
Berlin-Moscow axis accord, with Germany possibly holding
its actions in the Balkans in reserve, gained a degree of
confirmation.
On the general European checkerboard it
would seem to be obvious that Rumania has much to be
concerned about if the Russians are to engage in terri¬
known.

come

Rumania holds the former Russian prov¬
Bessarabia, title to which never was renounced by
Kremlin.
But the Bucharest authorities remained calm,

ince of
the

gained ground that the Reich may have given
a guarantee
of territorial integrity, in re¬
turn for favorable arrangement covering the supply of oil
and other products to the Reich.
In several Balkan capi¬
tals it was pointed out that Germany needs a peaceful
Balkan area for her own supply lines, and fears of becom¬
ing embroiled in the several wars diminished on such con¬

and the belief

the Rumanians

siderations.

Red troops

and Finland

but the fortunes of war soon turned and the

of Russia were defeated on a number of fronts.
circumstances that made this astonish¬
possible still are somewhat uncertain, but the

result

political importance of the events is quite definite. Hugely
superior in man-power, the fears were entertained at first"
that the Russian invasion of Nov. 30 would demolish the
defenses
mans

of

Finland in

marched

almost

through Poland.

as

short order

as

the Ger¬

At the end of December,,

has other com¬

most important
operated,
doubtless were coveted by the Russians, as they would be
by any warlike State, for nickel is a basic ingredient in
the manufacture of war materials.
In Norway and Sweden
the view was advanced on occasion that the Russians really
district of Finland, which holds the second
nickel

aim

These

mines.

which are British

mines,

conquest of all of Scandinavia, to the end that a

at

port might

be obtained on the Atlantic and preparations

thus

for

made

invasions

further

of

more

lands.

distant

Scandinavian anxieties,
more
than probabilities.
So deeply concerned were the
Scandinavians, however, that several contingents of Swedes
and Norwegians were added to the Finnish defense forces
Such views may well have reflected

in

From

December.

obscure,

Italian

sources,

that are

The effect of the Finnish

the Far East is still another

Russian prestige in

on

reasons

rumors

countries to the south in Asia.
affair

for

that the Russians were
not only Finland, but also neighboring

repeated

came

anxious to conquer

problem, and not an easy one to solve in view of the suc¬
cesses said to have been achieved by the Red troops in their
conflicts with Japanese forces along the border of Manchukuo and Outer Mongolia.
Another circumstance of first-rate importance is the turn
of

world

attack

opinion

on

The

owing to

Russia,

from

away

Finland.

Russians

o

had

built up

the

base

carefully

and skilfully, over a

period of 20 years, the myth that their
essentially a pacific one.
This illusion they
shattered in part when they moved into Poland^ and all

regime

was

pretense was cast aside when the Red Army was sent on
its march into little Finland, with which Russia always
had

been

States

on

excellent

wave

a

diplomatic

of revulsion

terms.

In

the

United

occasioned by the Russian

was

action, and the desire of President Roosevelt to remit the
intergovernmental debt payment to Finland reflects the

prevailing
be from

a

sentiment,

however

longer viewpoint.

inadvisable

the move

may

Also indicative of Administra¬

tion sentiment in Washington is the opening of a
it

reported

The actual military

ing

attack against Finland

Russian

the

But

plications, and all through December the foreign affairs
experts were busy endeavoring to. calculate the chances.
One obvious factor in the invasion is the Petsamo mining

known

that

credit of
Both England and France made

they

were extending practical aid to Fin¬
airplanes reached the small country in
considerable numbers, some accounts stating that Italian *

The

at first,

of some

opinion

$10,000,000 for Finland.

the forces

ress

The

gained a free hand in the Baltic States,

of that country pushed the invaders back
with heroic determination.
The invaders made some prog¬

and

There is no satisfac¬

made possible.

tory answer to that problem, as yet, and perhaps will not
be until the .full terms of Russo-German collaboration be¬

and ItaRan

land,

was

of the Helsinki authorities td

frantic endeavors

the

prevent war were brushed impatiently aside.
This brought
up the question immediately whether the Russo-Finnish
conflict was merely an extension of the great fight between
4he Allies and Germany, or represented a sort of side action

all through the month of
December in the bleak northern reaches of Europe, where
the Russian troops attempted to overwhelm little Finland,

Bitter fighting

Estonia, Latvia and Lithuania previously had
spell of Russia, could hardly be questioned

as

fallen under the

torial expansion.

American republics were
emphasized in December owing to the battle off Uruguay
between the German pocket-battleship Admiral Graf Spee
and the British cruisers, Exeter, Achilles and Ajax.
Other
incidents affecting the problem were the scuttling of the
German luxury liner Columbus, after pursuit by a British
destroyer, and the chase into Port Everglades, Fla., of the
German freighter Arauca by a British cruiser.
The great
naval battle off Uruguay, and the other incidents to some
degree, all affected the declaration of the 21 American re¬
publics at Panama City, Oct. 3, when a so-called zone-ofsecurity was drawn around the waters of the Americas to
an average of 300 miles from the coastlines.
The principle
announced at Panama City is an entirely new one, which
cannot be regarded as sanctioned by previous rulings or
tenets of international law.
It extends far to sea the pre¬
sumed area of national jurisdiction, but leaves open the
problem of policing such a vast expanse df green water, for
Neutrality problems of all the 21

the

developed at first along lines indicated when
and all attempts
The aim of Moscow to dominate Fin¬

the Russians refused all councils of peace

smacks of
of importance
the tendency
of British warships to force American vessels into British
control ports and there examine cargoes at great leisure
and remove mail.
Our neutrality legislation was designed
to make such British steps needless, but they continue and
are arousing misgivings.
It is to be noted, finally, that the
State Department on Dec. 9 issued a belated and exceed¬
ingly mild protest to England on the British decision to
seize all German ocean-borne exports, which is quite as
plainly a violation of international law as the German
mine-laying which provoked it.
All American rights were
reserved by Secretary of State Cordell Hull.
participant in a war, even if undeclared,

one

anything but neutrality.
A further matter
in the developing international situation is

im¬

by the Finns may have been the most

homes

and lakes were mined and
conceivable obstacle placed, in the way of' the at¬

land,

to

A well organized defense

to death.

frozen

were

indicate that hundreds of

portant factor of all, for forests

is nevertheless
clear that financial aid by the United States Government
of the neutrality laws or policy, but it

tion

fell

something to do with the matter, for the temperature

instal¬

if Congress agrees, the President said.
More important, he stated on Dec. 10 that the Export-Im¬
Finnish

5

MONTHLY REVIEW

Jan., 1940]

aviators continued

to man them in the fight with Russia.
League of Nations assembled at Geneva, Dec. 9, and

after

an

unsuccessful

effort

to

have

the

Russians

with¬

draw their troops

from Finland, Moscow was ruled out of
the League on Dec. 14.
Only Germany seemed to offer no
objections to the Russian invasion of Finland.
'

The

military attack of the Red troops was organized on
fronts, notably from the direction of Petrograd
toward
the
Mannerheim line on the Karelian isthmus,
several

toward the middle

or

"waist"

section

of Finland with

the

obvious aim of cutting the country in two and thus making
its defense doubly difficult, and toward the Petsamo region

however,

of the far north.

troops might have been

undertook the defense of the country with admirable energy
and superb skill.
It soon appeared that the Russians were

the Russians were so badly defeated on several
fronts that military experts conjectured only second line

used in the aggression.

The long

wintry nights probably aided the defenders to a degree, and
the

better

clothing

of




the

defending Finns, possibly

had

The

new

regime of Premier Risto Ryti

running into mine traps everywhere
toward the Mannerheim line.

gress

as

In

they tried to pro¬
Finland's "waist"

<;

MONTHLY REVIEW
V.

the Russians made

some

but in this Case ran into
Far to the north the Russians

tion in the South Atlantic when the

the Finns adopted a "scorched earth" policy and
destroyed all shelter.
The bitter cold that soon descended
brought havoc to the Russians, who were said in some re¬

ship encountered units
developed early on
Dec. 13, some distance off shore, when the Graf Spee at¬
tempted to intercept the French merchant ship Formose.
But the Formose was convoyed at a distance by the British
cruiser Exeter, which promptly hid the Formose behind a

ports to be inadequately clad.

smoke

progress,

carefully laid military traps.
overwhelmed

first

at

around

defenders

the

Petsamo

the

but

area,

authorities

By mid-December the Mos¬

claiming advances up to 50 miles into
Finnish territory.
It would appear, however, that this
constituted little more than a trap for the invaders, as
Finnish troops suddenly turned the tables in all sections
and closed pincerlike grips in some cases.
The defenders

cow

were

below

set-off mines

frozen lake

the

hundreds of their opponents.

surfaces and drowned

They claimed the destruction

of individual forces up to

7,000 and 10,000 men in the early
stages of their counter-move, while at the end of December
Russian

whole

a

division

of

18,000

men

reported

was

Russiansl#1in advantage during

Only in the air were the

the later stages of the military moves of
would

be

Finns

made

idle

to

the importance

deny

with

good progress

December, and it
that fact.

of

relatively

their

The

small

air

in December in damaging the
Murmansk rail line, making the
Russian supply precarious for troops in the far north.
But the Russians were able to bomb the important cities
of Helsinki,
Viborg and similar communities almost at
will, and when daylight hours lengthen in the coming
months this possibly will prove a most serious matter for
succeeded

And

At

defenders.

bow to

the

storm

ruthless

bombing

form

war

of

v

times

Russians

the

of world indigation

civilians.

of

frightfulness

over

But

was

seemed

attempted,

to

their tactics of
and

ever

almost

again

the

with

this
same

noteworthy lack of success that already had been demon¬
the

in

strated

Spanish rebellion and the Japanese war of
aggression against China. The Russian air strength caused
misgivings among all friends of the heroic Finns, but no
events of the future can dim the glory attained, by the
in

nation

small

defense

its

against

during the first month of the Russian
I

•

Sea
war

fighting

Western

overwhelming

odds

of aggression.

war

ship in

and

the

great

conflict.

encounter

the larger and more powerful
Signals for help brought to the

engaged

action.

Exeter the smaller British cruisers Ajax and
and the three Ships kept their guns smoking as
they harassed the German battleship, finally driving her
into Montevideo harbor just before midnight on Dec. 13.
It soon appeared that the Exeter was badly hurt in the
the

of

Achilles,

which she continued until only a single gun re¬
in firing order.
The Ajax and Achilles also were

battle,
mained
hit.

Graf

the

On

when

wounded,

Spee

the

36

were

smoke

of

dead

battle

and

number

a

cleared

The

land

fighting

was

un-

of

while

away,

the

Exeter, and also to a small degree on
72.
The Exeter limped off
the Falkland Islands, base of the British, and the Ajax

the
to

other

on

cruisers,

numbered

and Achilles took up the vigil outside

Montevideo, awaiting
break for open water that the Graf Spee might attempt.
But no such attempt ever was made, and the Graf Spee

any

incident
of

the

ended

ingloriously

ship.

The

on

Dec.

of

the

arrival

17

with

German

the

"suicide"

battleship

at

Montevideo occasioned

a period of intense diplomatic activ¬
Examination of the crift disclosed that she had been

ity.

badly hurt, with
and

fire

her

shell holes above the water line

numerous

control

tower

apparently out of action.
Ger¬
diplomatc representatives asked Uruguay for the right

man

to hold the

ship in harbor until repairs could be completed.

Under Uruguayan laws this might have proved feasible, but
British representations apparently were made strongly to
the

effect

such

that

regulations observed almost everywhere in
should be observed also by Uruguay.

contingencies

Whatever

the

of

course

these

changes may have been,

of

departure

the

Graf

the

undisclosed

result

was

diplomatic

an

order

ex¬

for the

Spee by

Sunday evening, Dec. 17.
Graf Spee, accompanied by
the German merchant ship Tacoma, moved down the harbor.

As

that

under

the

military incidents of the Western Front, during the fourth
of

The

hour

approached the

Just at the three-mile territorial limit the Graf

Europe

developing aerial struggle of the
between the Allies and Germany far overshadowed the

month

side

fleet.

and

screen

German

late

important

strategically

the

British

the

British dead

destroyed.

force,

of

tremendous

explosions, and

having been transferred

sank,

all

Spee shook

of

her crew
meanwhile to the Tacoma, which

put back into Montevideo, where she was interned
1940.

on

Jan. 1,

Four days after the death of his ship, Captain Hans

Langsdorff of the Graf Spee shot and killed, himself in a
at Buenos Aires, the delay having been due, accord¬
ing to notes left by the German officer, to his desire to

dramatic in the extreme, though doubtless more important.

hotel

Opposing armies of some 2,000,000 men each faced each
other throughout the month, with only occasional skirmishes
or raiding expeditions.
The vast armies remained in their

see

respective Maginot and Limes fortifications, awaiting trucu¬
any attack that their enemies might be foolish enough

lently
to

All military experts

attempt.

agreed that such

are

an

be

would

attack

immensely costly in man-power and pos¬
sibly" might cause three casualties to the offense for every
casualty inflicted on the defenders.
In these circumstances
the military

sit

to

leaders seem quite prepared, for the time being,
The weather is highly unfavorable in any
that decided offensives are unlikely before spring,

tight.

event, so
if

desperation forces a move.
As matters stand the
chief problem is to keep the idle troops contented, and this
is proving no easy task.
So quiet is the war that the
French calculate their total army casualties from Sept. 3
even

to

Dec.

31

number

at

1,150

killed

in

men,

the

fahich is only

United

States

through automobile accidents.
But on the high seas and in

the

Germany

allies

and the Anglo-French

determination

that

entire

It

affair.

is

reflects
the

the

British

a

fraction of

the

in

the

period

same

was

economic

intent

to

war

waged

between

with

import
beat

the

of

a

the

Reich

economic grounds, if possible, and the closing blockade
Germany begins to exercise a strangle grip.
In retalia¬
tion for the German laying of mines along the eastern coast
on

of

of

England,

an

order-in-council

was

issued late in November

for the seizure of all German sea-borne exports.

placed

in

This order

progressive

effect during December, and
finally made complete on Jan. 1, 1940.
German trade and
economic publications admitted that the position of the
Reich in world trade was becoming ever more difficult.
was

German

use

of

"ersatz"

materials increased

steadily,

and

the

people were asked to tighten their belts increasingly.
Apparently on a precaptionary basis, the British also began
to feel the pinch ever more
decidedly.
To the recent
rationing of butter and bacon, the British supply authorities

men

ler.

In

nine

the

ported sunk.
battle

the

and

also

many,

praised

the German

commander

The

German

on

luxury

the

highly

high

liner

seas

Bremen,

reported on Dec. 12 as having made the run
refuge in the Russian port of Murmansk to herport of Bremen.
British authorities were the first
was

her

home

disclose

to

this incident, as a'British submarine sighted
Bremen, but reputedly made no attack owing to inter¬
national rules against attacks on unarmed merchantmen.
the

German'

authorities

claimed

that

drove off the British submarine.

German

the

liner Columbus

a

bombing airplane

From Vera Cruz,

departed

on

Mexico,

Dec. 13, with the

obvious aim of running for her home port.

But the vessel,
32,581 tons, ran afoul of a British destroyer some 450
miles off New York, and promptly was set afire and scuttled
by her crew. The crew of 577 men and women was brought
of

to New York on the U.

S. S. Tuscaloosa, which, it appeared,
of the Caribbean and kept the

followed the Columbus out

German ship in sight while in the
coasts

of

the

Americas.

Still

"security zone," off the

another

incident

was

the

arrival at Port

Everglades, Fla., on Dec. 19, of the German
freighter Arauca, with a British warship at her heels.
There

were

some

encounters of

warships, other than the

Graf Spee battle, but the results are not
entirely clear. ' The
British submarine which reported
sighting the German liner
Bremen made her way up the estuary of the Elbe River
and

reputedly

denied

the

marines, according to acknowledged figures.
France in the
same time lost 11 ships of 48,000 tons.
German merchant

no




all

dramatic.

were

from

at

pocket-battleship Admiral Graf Spee, of 10,000 tons, de¬
signed for commerce raiding, was fulfilling that dread func¬

sink¬

slipped out of New York just before war was started
by^Germany against Poland and by the. Allies against Ger¬

December, 126 British merchant ships of a total tonnage of
about 460,000 were destroyed by mines, raiders and sub¬

ping tonnages.
By far the most dramatic incident of the war occurred
off Montevideo, Uruguay, on Dec. 13, and in that South
American port during the next four days.
The German

that the

which

torpedoed
by the Germans,

commander's

totaled 22 of a tonnage of 127,000, while neu¬
trals lost 90 ships of an aggregate tonnage of 273,000.
These totals are modest in comparison with available ship¬

indicated

for his treatment of his captives.
Several other incidents of the warfare

been

vessels lost

was

of the raiding career of the Graf
Spee,
ships of a total tonnage of 50,000 were re¬
The men of the merchant crews lived through

added in December both meat and sugar.
need

It

course

chant

Figures on mer¬
ship destruction suggest that there is no desperate
as
yet for such British measures.
To the end of

cared for.

merchant

The

.

air the

all his

ing of the Graf Spee was ordered by Chancellor Adolf Hit¬

a
as

German battleship.
also

was

submarine

report that another German naval craft had

torpedoed off the German, coast.
British

This/vVas

British

a

air

force

essayed

a

raid

Early in the month
on

the

Germau^base

Helgoland, and reported damage to German craft.

man

Ger¬

airplanes

soared over British bases but apparently cud
An unnamed British warship admittedlj^^as
Dec. 29 by a German submarine, but was said

damage.

torpedoed

by the London
nomic

war

was

Government

to

have

waged with moderate

made port.
success on

The

eco¬

either side.

Germany reported new trade and commercial agreements
Russia, and likewise announced that first shipments

with

from

Russia under the arrangement between Berlin and
Moscow reached the Reich in December., The British Gov¬
ernment, with its vastly greater resources, effected treaties
with Sweden, Spain, Yugoslavia and

Turkey,

designed

in

part

to

prevent

supplies from

which

reaching

are

Ger-

MONTHLY EEYIEW

Jan., 1940]

The financial costs of the war were borne during
September by all the belligerents through short-term bill
issues, advances from central banks and sales to the public
of small denomination war bonds.
No large flotations were

many.

placed on the markets.
In all the three great belligerent countries government
leaders endeavored to cheer the people and hearten them

King

follow if the war continues.

for the hardships sure to

his greetings to Britons everywhere on
Christmas Day,- in a radio address.
The British sovereign
extolled the unity of the Allies, who are fighting, he said,
the "cause of Christian civilization."
On Christpaas Eve,
Premier Edouard Daladier- exhorted the French people to
George

VI

sent

and

courage

that the conflict would be waged

promised

weakness, but also with the greatest
possible conservation of human lives.
Shancel'lor Adolf Hitler"spent the Christmas holiday with the German troops
at the front, where he awarded decorations and distributed
gifts.
His deputy, Rudolf Hess, and his army commander,
Colonel-General Walther von Brauchitsch, urged the Ger¬
without

flinching

conclusion.

the struggle to a victorious

to carry

mans

or

Japan and the United States-

Increasing concern and conjecture regarding the develop¬

United States and Japan
impending
Jan. 26 of the commercial accord which the United

ing diplomatic difficulties of the

apparent in December, owing mainly to the

were

lapse on

The Administra¬

States Government denounced last July.

tion action will leave this country free to take any measures

appropriate in the Far Eastern situation, where

considered
4

Japan is largely dependent upon the United States for war

supplies.

impression slowly gained ground that Mr.
ask Congress for authority
virtual embargo on trade with Japan in certain

The

Roosevelt might go so far as to
to declare

a

items, the series of "moral embargoes"-giving color to that
In preparation

contention.

for this possibility the Japanese
lately have been taking large quantities of American steel
and other basic American materials, but this might only
postpone the Japanese crisis for a month or two if an actual
and general embargo were voted in the United States.
It
can hardly be doubted that Japan will be unable to obtain
adequate supplies from Europe, as that continent is locked
in a war of its own and needs all its own supplies.
The
,

Japanese-American
p

delicacy, for
as

virtual

a

Japanese
manifest
crisis
half

in

position, therefore, is one of growing
embargo move might be regarded in Tokio
declaration by the United States.

any
war

concern

matter
were

started

ever
a

in

more

Cabinet
latter

the

States Ambassador

United

with

became

almost caused

and

Conversations

the month

of

this

over

December,

during
Tokio.

Joseph

C. Grew, and the momentary impression was gained by the

Japanese that there will
tween
an

the

countries.

two

and

in

are

abrupt ending of trade be¬
this

was

soon

corrected

to

lapgAwill take place while
progress.
A#1 Japanese optimism

impression that

tions"

no

no

the unusual spectacle was presented on

"negotia¬
vanished,
Dec. 26 of an

informal gathering of Diet members in Tokio, at which 240

Deputies criticized the Cabinet headed by Premier Noboyuki
Abe and urged it to "consider proper steps regarding resig¬
nation."
This the Premier refused to do, but his position

necessarily

was made more difficult by the resolution of a
majority of the Diet.
The war being waged by Japan
against China was continued with the desultoriness necessi¬

tated

by

the

northern

harsh

Chinese

illustrated
American

gested

entire

the

views.

lack

Early

of

in

winters.

Airplane
continued, and
Japanese comprehension of

bombings of helpless civilian centers

were

the month

the

Japanese

sug¬

reopening of the lower Yangtze to trade, appar¬
ently in the belief that such actions would serve to placate
the United States.
The possibility now must be faced of a
troublesome period of United States-Japanese relations, and
it is to be hoped that adjustments can be reached.
a

Steel

The

steel

trade

Trade—Non-Ferrous Metals

continued

most of the month at

a

to report operations during
high rate, thd last week only being

Steel

No.

Go.'s

blast

1

_

beginning of the new year most makers of sheets and
strip have fairly largo backlogs extending through the first
quarter.* Makers of liot rolled bars and wire rods are in
the

position, but in other products the delivery
easier.
Plate mills still have sub¬
stantial backlogs running through three or four months of
1940 for railroad equipment and repair work.
Mills rolling
rails and
track accessories will not complete for some

much the

same

situation-is

months
tural

the

steel

becoming

large orders placed since September.
Struc¬
in lighter demand;
a
seasonal condition.

is

Though shipments of fabricated material in November by
of the American Institute of Steel Construction

members

contracts fell of sharply. Weeklately have been in reduced
aggregate tonnages.
December steel output is estimated at
about 5,200,000 tons, as compared with 5,462,616 tons in
November, the all-time record month."
The "Iron Age"
composite price of steel scrap continued to decline during
the month as follows:
On Dec. 5 from $18.58 to $18.25 a
gross ton ; on Dec. 12 to $18.08; on Dec. 19 to $17.83, and
on Dec. 26 to $17.67, which compares with the low of $14.08
reached on May 16 last and the high of $22.50 touched on
Oct. 3, 1939., At the close of 1938 steel scrap was quoted
at $14.92 a gross ton.
The "Iron Age" composite prices of
finished steel1 and pig iron remained unchanged throughout
the month under review, the former holding at 2.261c. a
pound and the latter at $22.61 a gross ton, as compared
with 2.286c. for finished steel and $20.61 for pig iron at the
were

in good volume, new

to-week awards

close

and inquiries

of December of 1938.

The

operating rate of steel companies having approxi¬
mately 97% of the steel capacity of the industry, accord¬
ing to the American Iron and Steel Institute, was scheduled
at 73.7% for the holiday week beginning Dec. 25, 1939, the
lowest rate since the week of Sept. 11,1939, when operations
at the rate of 70.2%.
It also compares with 90.0%

were

for the week beginning Dec. 18, 1939; 91.2% for the preced¬
ing seven-day period; 92.8% for the week beginning Dec. 4,
and 94.4% for the week beginning Nov. 27, 1939, which was
the

high for the year.
At the close of December, 1938,
operations were reported to be at the rate of 38.8% of

capacity; at the close of 1937 at 19.2% of capacity; at the
close of 1936 at 77.0% of capacity, and at the end of 1935
at 46.7% of capacity.
As to non-ferrous metals,, "Metal and Mineral Markets"
reported during the month in substance as follows:
Busi¬

booked by copper producers for
domestic account
dropped to 2,567 tons during the week ended Dec. 26, which
ness

with 8,296 tons in the preceding seven-day period,
5,645 tons for the week ended Dec. 12, and 14,022 tons for
compares

the week ended Dec. 5.

Sales of copper for the month to
Dec. 26 amounted to 25,965 tons, as compared with 51,592
tons for the full month of November and 67,075 tons for

the month

of October.

The position

of the copper market
producers holding to the
12.50c., Valley, quotation.
Demand for lead during the
week ended Dec. 27 was in good volume, considering the
holiday period, sales involving 5,495 tons as against 4,121
tons in the previous week, 4,660 tons in the week ended
Dec. 13, and 7,425 tons in the week ended Dec. 6.
The
price of lead continued firm at 5.50c., New York, and at
remained

5.35c.,

virtually

St.

Louis.

most

of

week

ended

the

unchanged,

The

month,
Dec.

23

market

sales

of

for

the

zinc

was

common

dull

grades

during
for the

totaling 688 tons, against 1,246 tons
1,318 tons in the week ended Dec. 9,

in the preceding week,

and 1,686 tons in the week ended Dec. 2,

The quotation for

zinc was decreased on Dec. 4 from 6.89c. to
and

Dec. 29 to 6.14c., New

York.
ing purchases by the Government,
on

6.39c., New York,

Business in tin, except¬
was inactive toward the

end of the month, while

49.50c., New York,

as

influenced mainly by

holiday shutdowns. Steel scrap prices
In its issue of Dec. 21 the "Iron Age"
"The-downward trend in steel orders and

has been rebuilt.

furnace, which

Except for tin-plate, which is in a seasonal decline, with
operations this week at only 68%, partly due to holiday
shutdowns, steel products are enjoying a demand which is
better than was expected for this time of the year.
At

its price dropped and on Dec. 29 was
compared with 53.00c. at Nov. 30 last.
Lumber Movement

again were lower.
stated, in part:

specifications, which has been in evidence during the past
checked, but is assuming no more

few weeks, has not been
than the usual year-end

proportions. While some producers
arerelaxing-pressure for shipments, presumably because of

Jnfentory

and seasonal considerations, others are taking
steel as rapidly as mills can supply them.
Further checks
on inventories in the hands of consumers and distributors

disclose

no

excessive stocks with

tin-plate, of which

can

the possible exception

of

companies and mill warehouses have

The lumber movement during the week ended Dec. 23,
1939, in relation to the seasonal averages of prior years,

according to reports to the National Lumber Manufacturers
Association from regional associations covering the opera¬
tions of representative softwood and hardwood mills; was
as

follows:
'

Production

Per Cent of 1929

buying is in good volume, estimated by a number of mills
approximately 65% of current shipments/ A few orders
have been placed for delivery as far ahead as April.
Auto¬

at

mobile

manufacturers

assemblies
roads

reach

pressing for deliveries as their
record-breaking totals,
lie rail¬

are

almost

buying lightly as compared with recent perform¬
but some orders for new equipment and repair work
being placed."
The same publication on Dec. 28 re¬
are

ance,
are

ported, in part:
"Pig iron production is holding at a high
level, having been augmented by the blowing in of Inland




Per Cent of 1938

105

Shipments....

77

108

121

Orders

79

119

123

such ample stocks as to indicate a rather sharp decline in

tin-plate production over the next several weeks.
Notwith¬
standing the somewhat easier situation, first quarter steel

Per Cent of 1937

73

....

Compared with the

average

125

of the preceding 10 weeks,

lumber production of the week ended Dee. 23, 1939, as re¬

ported by 11% fewer mills, showed a decline of 18%, while
business and shipments declined 5% and 20%, respec¬
tively.
Compared with the preceding week, production,
shipments and new orders, as reported by 11% fewer mills,
were, respectively, 11%, 4% and 7% less-.
New business
during the week ended Dec. 16,1939 was the heaviest booked
in eight weeks. '
Reported production, shipments and new orders for the
51 weeks of the year to Dec. 23, 1939 were 16%, 17% and
15%, respectively, above the corresponding figures for the
new

.

8

MONTHLY KEVIEW

-

same

of wheat to

was

ancy

period in 1938.
For the 51 weeks of 1939 new business
6% above, and shipments 5% above output.
During the week ended Dec. 23, 1939, a total of 472 mills
produced 195,651,000 feet of softwoods and hardwoods com¬
bined; shipped 188,101,000 feet and booked orders of 193,695,000 feet.
Revised figures for the four preceding weeks

follow:

'

some

activity.

extent, but did not display the same buoy¬
Rye made the best showing, being stimu¬

lated

by unfavorable crop prospects in the Northwest.
The
Department of Agriculture in its report on Dec. 21 placed
the area seeded to rye at 5,640,000 acres compared with

in the fall of 1938.
The condition
Dec. 1 was estimated at 64% of nor¬
mal, compared with 76% a year ago.
The revised official
estimate of the corn crop x>laced the 1939 production at
2,619,137,000 bushels, or an increase of 56,940,000 bushels
over
the 1938 output.
It is also about 28,000,000 bushels

7,1S7,000

acres

seeded

of the rye crop as of

\

Orders Received

No. of

Production

Shipments

Mills

(FeetJ

(Feet)

633

220,872,000
237,475,000
231,027,000
212,317,000

196,929,000

Week Ended—

or

Dec.

16, 1939

Deo.

9, 1939

Dec.

2, 1939

527

Nov. 26, 1939

537

549

^

(Feet)

'

.

207,233,000
185,912,000
195,875,000
176,765,000

205,630,000
231,962,000

217,398,000

higher than the last official estimate in
the heavy

supply prevented the

corn

November.

Thus

market from experienc¬

ing the same degree of buoyancy which characterized other
Leather and Footwear

Hides,

>

Letter," under date of Dec. 29, comments upon these mar¬

In Chicago the May wheat option closed on Satur¬
30, at $1.04% as against an opening price of
88%c. on Dec. 1. At Winnipeg the May wheat option closed

kets

on

grains.

Boston, in its "New England

The First National Bank of

follows:

as

"Shoe

will exceed
the previous high record of 1936, when output totaled 415,000,000 pairs.
While letail sales of footwear also are esti¬
production

the year undoubtedly

for

improvement, the lower margin

mated to have shown some
of

last year suggests that some shoes may have
accumulatetd in the hands of distributors.
This is partially

gain

over

confirmed
■absence

the lag in advance sales for spring.
The
outstanding style feature has reduced the

by

of

an

usual incentive

buy, and in the, circumstances manufac¬

to

turers and

buyers have found it difficult to agree on price.
Murders booked thus far have been at only slight advances

estimate that their costs have increased
to 20%.
Some lowering of quality accordingly

whereas producers
from

10%
taking place.

is

"A

broad

sizable

for

In sole

sight.

be in

spring Shoes may

interrupted by the condition of war, the improvement has

Prices of all grades are firm to slightly

gradual.

more

higher, and tanning operations are expected to continue at
the present active
finished

of

rate well into the first quarter.
Stocks
in all hands have been reduced to a

leather

favorable

more

"Hide prices

export.

have risen moderately above the November

point, with the advance more marked in Buenos Aires

than

by

due in part to an

relationship to demand,

increase in sales for

low

in

Much of the buying, however, has been
will reappear on the market
prices are lower in terms of spot quotations.

Chicago.

whose holdings

traders

when futures

Hides in the hands of packers are low, but the tight supply

position of the domestic industry as
somewhat

by

increased

Grains

'

featured domestic wheat markets

during the past month.

After advancing in

the markets met heavy realizing and liqui¬

dation under which part of the gains

kets, however,
undertone,

unusually

an

with prices reaching the highest ground in

manner,

two years,

over

whole has been eased

a

imports."

Wide price movements

sharp

ended the year

Tlie continuation

with

of

The

lost.

were

mar¬

exceptionally firm

an

drought conditions

severe

throughout the
the

greater part of the winter wheat belt was
influence making, for higher prices during the

chief

early part of the month.
increased

the

The Russian invasion of Finland

possibilities of

an

extension of hostilities to

the

Balkans, where considerable quantities of
produced and thereby created apprehensions of
supply

in

these

countries.

Rumania

wheat

are

curtailed

a

other

and

countries have furnished considerable grain in
years to

Balkan

thef last few

froih the Black Sea be cut off, it is quite
materially larger r>urchases of grain would

possible that

have to be made in Canada

or

in the

Southern Hemisphere.

In

regard to the latter, the outlook is not altogether promis¬
Official reports place the new Argentine crop at 148,000,000 bushels, the smallest with two exceptions in more
ing.

24

This

years.

bushels

harvested

000,000 bushels.

estimate

last

and

year

an

336,000,000

with

compares

yield of 230,-

average

The report has been construed

as

indicat¬

ing that Argentina will have about 80,000,000 bushels avail¬
able for export after allowing for the requirements of
Brazil

and

other

the

domestic

fall

drought

estimate

of

at

the
^

the

crop,

full

the

In

regard to

import

21 of the probable yield and
Describing the drought-damaged

Dec.

on

crop.

lowest

American countries.

wheat

of the
contained in the Department of Agricul¬

was

ture's

placed

South

winter

dition
as

condition

ever

reported,

the

con¬
crop

Department

the indicated yield at about 399,000,000 bushels,

which is only about

23,000,000 bushels above the winter

crop

in the great drought year of 1933, and which compares with
a

crop

The

of 563,431,000 bushels harvested

condition

of the crop as of

Dec.

1

in
was

the

year

in

view

placed by the
regard to the

of

the lack

of

subsoil

reserve

there

is

little

possibility of a better than normal "crop being realized.
Heavy snowfall during the latter part of the month in the
winter belt, however, temporarily eliminated apprehension
of further deterioration in that

prompted

heavy

realizing

and

section of thb country and

liquidation?

under

which

prices lost part of their gains. It whs pointed out,
however, that much of the Winter wheat cro£ was believed
to be beyond repair.
Corn, oats and rye followed the trend
pressure




30

at

88%c.

as

against

an

opening

of

79%c.

on

Dec. 30 at 5.8%c.
compared with an opening of 54%c. on Dec. 1.
May oats
closed at 39%c. as compared with 37%c. on Dec. 1.
May rye
closed at 75%c. as compared with an opening of 56%c.
1.

May

corn

in Chicago closed on

Dec. 1.

on

Sugar

A

generally steady undertone prevailed in the market for
sugar "futures" during the past month until the final days
when a downward trend developed.
During the gerater part
of the month the market backed and filled under the influence
of various conflicting rumors and conjectures from Wash¬
ington regarding the quota system and the trade agreement
with Cuba.
According to some reports no prospects of an

of

the quota system was contemplated
others a return of the system was quite
possible.
However, inference was made that some action
would have to be taken to help Cuba, and in this connection,
the most logical step would be a reduction in the Cuban duty..
During the latter part of the month the new trade agreement
with Cuba was announced, the main provision of which was
to reduce the duty on Cuban sugar to .90 cents, this reduction
to automatically take place as soon as President Roosevelt
proclaimed that the emergency of September was over and
the quota system was to be restored.
Prior, to the issuance of
this proclamation on Dec. 26, 1939 (to become operative on
Jan. 1, 1940) end-year realizing and adjustment of accounts
caused a reaction in prices during the late trading.
After
the market had closed on Friday, Dec.
29^£or the remainder
of the old year, Secretary of Agriculture/Wallace announced
that the United States sugar quota for 1940 had been placed
at 6,725,100 short tons.
This compared with the revised
total in effect as of Sept. 11 of 6,755,386 short tons, and the
original figure announced in December, 1938 of 6,832,157
short tons.
Secretary Wallace also announced thjit the
figures were subject to adjustment when final figpres on dis¬
tribution and other factors for 1939 were received.
WThile
the market was closed and therefore could not reflect what¬
return

while according to

was placed upon the quota announced, the
construed among the trade as more or less bullish.
Sales of Cuban sugars during the month continued of light
volume and consisted of the following, all c. & f. exclusive
of duty: On Dec. 1 prompt shipment at 1.79c. on Dec. 15,
December shipment at 1.83c.; on Dec. 27, import at 1.93c.,
and January shipment at 1.95c.; on Dec. 28, prompt ship¬
ment at 1.92c., and January shipment at 1.92c.; and on
Dec. 29, prompt shipment at 10.90c.
The wholesale price
for yefined,
immediate delivery, was quoted at 4.70c.
throughout the month.
ever

construction

figures

were

Coffee

The market for coffee "futures" ruled

comparatively quiet
less irregular and the final
tone steady. U. S. roasters were believed to be working with
substantial inventories, and with curtailed markets abroad,
aggressive demand was lacking. Although the visible supply
with price fluctuations more or

had declined somewhat from the November

peak,

it

was

generally estimated that invisible supplies were still large as
a result of the heavy Steptember purchases.
No. 7 Santos was quoted on Dec. 29 (Dec. 30 was a holiday
and Dec. 31, Sunday) at 63^c.@6^c. against 6%c.@6*%c,
Nov. 30; 6Mc.@6^c. Oct. 31; 6^c.@7c. Sept. 30; 6^c.@
6Kc. 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 Dec. 29 at 5j%c. against 53^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 Aprii 29 and March 31; 53d?c. Feb. 28; 5^c.
Jan. 31.
Rubber

1939.

at only 55% of normal.
In
forthcoming spring wheat crop, reliable authorities believe

Department
that

Dec.

Dec.

Germany, Italy, England and the neutral nations.

Should supplies

than

Dec.

immediate

upturn in sales of upper leather suggests that

orders

leather, where normal supply channels are less likely to be
been

day,

rubber, early in the month, followed a slightly
easier trend, mainly as a result of a sharp increase in net
exports from producing countries, and because of fearsthat
rubber prices in England were about to be fixed officially.
Crude

Subsequently, a substantial rally developed as the reports of
impending British Government price control scheme were
denied, and further sinkings of British ships as well as the
continued delays in rubber arrivals, exerted a bullish effect
on
the market.
An additional supporting factor was the
release of the United States rubber consumption figures for
November amounting to 54,322 tons compared with 49,050
I tons in November 1938.
During the closing week of the
an

\

mouth heavy

liquidation in the December position got under

tenets of international

and met with little support, resulting in the wiping out
of most of the large premium for the spot delivery over some
of the future positions.
Ribbed smoked sheets for spot
delivery were quoted at 1934c. asked/Dec. 29 (Dec. 30 was a
holiday, and Dec. 31 Sunday) against 2024c. asked Nov. 30;
20%c. asked Oct. 31; 21c. asked Sept. 30; 16J4c. asked
Aug. 31; 16^gc. asked July 31; 1634c. asked June 30;
16 ll-16c. asked May 31; 16c. asked April 29 (April 30 was
Sunday); 15J4c. asked March 31; 1634c. asked Feb. 28;
15 13-16c. asked Jan. 31.

The

<

Textiles

the

early part of the month, subsequently lapsed into dull¬
ness, chiefly as a result of year-end influences.
Retail trade
experienced its customary pre-holiday spurt, with the dollar
volume of sales recording substantial increases over the
previous year.
A stimulating factor, particularly for the
movement of heavy apparel lines, was the advent of wintry
weather in wide sections of the country.
Wholesale trading
the

^

a

spotty character, and transactions were largely con¬
on holiday goods, but the nearby

fined to last-hour reorders

promising, because of the sound condi¬
tion of inventories bothdn wholesalers' and retailers' hands.
Raw cotton in December, during the first half of the month,
showed pronounced strength, and prices reached levels not
seen in over two years.
Around the middle of the month
a substantial reaction occurred, but, subsequently, most of
the losses were regained.
Chief among the factors respon¬
sible for the rise ip values was the growing belief that the
supply of "free" cotton in trade channels may prove inade¬
quate to meet requirement's during the current season.
Other strengthening influences were the sharp upturn in the
foreign markets and the spurt in export sales, as well as the
continued high rate of operations enjoyed by domestic mills.
The temporary setback in prices witnessed about the middle
of the month, while chiefly due to profit taking and preholiday liquidation, was in part the result of considerable
hedge selling against repossession of loan cotton.
Spot
cotton here in New York was quoted at 10.30c. Dec. 1 and
reached a high of 11.66c. Dec. 13.
From that point an
irregular reaction carried the quotation to a low of 11.06 .
Dec. 20, but subsequently, the price rallied to 11.36c. Dec.29.
Trading in the gray cloths markets during the first half of
the month expanded materially, mainly in response to the
upturn in raw cotton values.
Later, however, trading be¬
came inactjve as holiday and year-end influences made them¬
selves felt. V Print cloths at Fall River for 28-inch 64x60's,
on Dec.
6, declined from 434c. to 434c., but on Deq. 14
regained the former level.
The price of 27-inch cloth 60x64s
remained at 434c. Dec. 29, while Osnaburgs advanced from
834c. Nov. 30 to 8J4c. Dec. 29.
The report of the Census
Bureau issued Dec. 14, and covering the month of November,

outlook is

regarded

revealed that
sumed
bales

a

as

record volume of the staple had been con¬

during that month.
lint

of

and

90,701

The amount
bales

of

was

given

as

718,721

linters compared

with

686,936 bales of lint and 97,706 bales of linters in October,

596,416 bales of lint and 68,754 bales of linters in
November, 1938.
The woolen goods market remained inactive.
Interest
centered in overcoatings, reflecting the stimulating effect of
and

weather and the depletion of 'stocks in this division.
operations continued at high levels, chiefly based on the
still existing accumulations of older orders.
Prices, early in
the month, displayed a softer tone because of waning fears
of an impending raw wool shortage, but subsequently, stiff¬
ened in consequence of the announcement of forthcoming
wage increases in the industry.
Business in women's wear
materials was restricted, chiefly owing to year-end and
cold

Mill

would be settled.

full settlement, the matter

the

of

decision

The

Supreme Court

Mexican

1938

in

came

exhausted the legal remedies of the
Mexico, also upheld the thesis of the
Administration that indemnity payments could
which

within

On Dec. 4
initiated in the First Civil Dis¬

time during the next 10 years.

be made at any

judicial proceedings

were

District in Mexico City by Genaro

trict Court of the Federal

Attorney General of Mexico, for an evaluation

Y. Vasquez,

involved in the expropriation rulings.
involved were invited to send experts who,
together with Government experts, would arrive at an esti¬
mate of the financial payments to be made by the Govern¬
ment to the various American and British companies who
of

the

properties

The companies

lost properties.

At

the

down
man

same

the

that

time

court

decision

court decision was the final

step but one in the controversy.

according to the Cardenas
value on the expropriated
properties, after which the Government will decide how
and in what period, of time payment will be made to the
companies.
Following the decision of the Mexican Supreme
Court, Secretary of State Hull told newspapermen in Wash¬
ington, upon inquiry, that the State Department planned no
precipitate action, but would study the entire decision.
In
the meantime, he disclosed, representatives of the Depart¬
to be done,
but to set a

Administration,

ment of State were

meeting with executives of the American

involved, and would continue to do so until

oil companies

adjusted.

the matter had been

arising out of the failure of the

situation

The

Government

make

to

any

settlement

financial

the oil import tax

from

concessions granted by the United
under the reciprocal trade agree¬

States to producing areas
ment with Venezuela.

The agreement, which became effec¬

in the import tax
crude and fuel oil derived from petro¬
leum, including fuel oil known as gas oil, frpni y2c. to ^c.
a gallon on an annual quota of imports-not m excess of 5% J
of the total quantity of crude petroleum processed in United
States refineries during the preceding calendar year.
Im¬

tive
on

Dec. 16, provided for a reduction

on

crude oil, topped

above

ports

the

quota,

be subject to

will

of course,

tariff quota
provided and
divided among the various producing areas as
follows:
United States of Venezuela," 71.9%; Kingdom of the Nether¬
lands (including its overseas territory), 20.3%; Republic
of Colombia, 4%, and other foreign countries, 3.$%.
Under
the terms of the proclamation issued by President Roosevelt
in mid-month, the shares above listed were allocated on the
basis of proportions of the total imports for consumption in *
the United States supplied during the first 10 months of
1939, the latest period for which statements were available.
l/12th

equal

to

Since

Mexican

of

the

amount

has

been

oil imported into the United

industry closed the final month

Mexican

Supreme Court,

as

ex¬

pected, ruled against the American and British oil com¬
panies in their fight against the expropriation decrees;
Texas voted to return to a full production week on Feb. 1;
opposition to the Cole bill,
Government control

which would give the

of the oil industry

developed,

and the Bureau of Mines indicated that the initial month of

1940 would bring market demand for crude oil far in excess

the countries designated for participation in the

among

the only unexpected note

came

when the Administration struck a veiled blow of retaliation

Cardenas Administration's failure

to

make proper

payments for the properties seized, in accordance with the




oil

tax concession.

ico, nor did so, action of the Roosevelt
thus

mention Mex¬

Administration in

shuttip«t out Mexican oil from participation in the
oil

sharp

4kx

rate concession won wide approval among
strong and effective reminder that the United

Government

States

was

not taking

the expropriation

rul¬

ings "without a fight."
Less than a week after the proc¬
lamation dispatches from Mexico City disclosed that the
Mexican courts had declared nine oil companies in default
for their failure to

reply to a citation of the court ordering

appoint experts to meet with Government experts
determine the value of their former properties.
The

them

to

to

will

itself

The nine

appoint the experts ^which will
it was stated.

represent

of the oil companies,

companies named which refused to comply with
Tamaiahua Petroleum Co., Com-

the court's orders were the

pania Central de Petroleo, Compania
Petrolero Uuises,
Companie Petrolero Minerva, Huasteca Petroleum Co., the
California Standard 'Oil Co. of Mexico, and the Richmond
Petroleum

Co.

The pleas

of the

other companies, a

ma¬

of which contested the competency of the Federal
District Court, were turned over to the Attorney General's

jority

office by Judge Ortega for a decision on their justification.
As the month ended it was indicated from Washington that
the

comparable month.

In the Mexican situation,

for the

states during

period has dwindled to a negligible total, Mexico thus
failed to establish a basis which would permit its inclusion
this

the interests

and Its Products

of 1939 with little in the way of startling news developing

of 1939's

the

regular tax\of %c. per gallon.
Upon the effective date of the agreement a

court

Federal

the

Although 'the proclamation, due to the manner in which

Jan.31.

further

Me^can
with

companies involved in the expropriation case
resulted in the virtual loss to Mexico of hope of benefiting

American oil

oil men as a

The

handed

remains

Nothing

$2.46@$2.51 April 29 (April 30 was a Sunday); $2.10@$2.24
Mar. 31; $2.20@$2.25 Feb. 28, against $1.95@$2.00 Jan. 31.
In the case of the 20-22 deniers Japanese crack double
extra were quoted at $4.43@$4.48 Dec. 30 against $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; $2.25@$2.30 Feb. '28; $1.96@$2.01

the period.

was

official statement from a spokes¬
for the Cardenas Administration pointed out that the
Mexico City an

in

the allowables were drafted, did not need to

during

Dec. 2

surprise to the American oil industry.

as.no

decision,

Japanese double extra 13-15 deniers were quoted Dec. 30
at 4.50@4.55 against $3.43@$3.48 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;

The domestic petroleum

on

expropriation, of the $500,000,000 of "American and British oil properties seized early
upholding the nationalization, or

bet ween-season influences.

Petroleum

Failure of the

Mexican Government to do so has been marked.

Cardenas

showing increased activity during

the start of the expropria¬

tangle has held that if the Mexican Government paid
American oil companies affected by the exi>ropriation

tion

companies
The textile trades, after

It will be remembered that the

law.

Administration* from

Roosevelt

way

had

9

MONTHLY REVIEW

Jan., 1940]

United

Mexico
was

States

if no other

Government would
means

offer arbitration, to

of settlement were possible.

return

It

that Mexican Ambassador Najera would
to Mexico City shortly to confer with the Cardenas

also reported

Government on this phase

of the situation.

10

MONTHLY KEVIEW

The field

hearings heard

and

proposed Cole bill, which would put the petroleum in¬
dustry under Federal control, can into open hostility in the
sessions

held

New

at

State

Oil and

increase

an

Gas

of 12,992

set at 71,200 barrels

was

Commission.

Louisiana

daily by

announced

barrels in its January

quota.
the daily average crude oil
production total for the Nov. 25-Dec. 23 period, figures re¬

which were highlighted by
tlie Texas Railroad Com¬

Orleans,

February allowable

the

by the Souse subcommittee on

the

A nominal gain was shown in

•

the testimony of two members of

mission, in which they bitterly opposed the proposed legisla¬

leased by the American Petroleum

tion.

figures for Dec. 23, the latest available production statis¬
tics, showed a total of 3,867,000 barrels, 49,000 barrels above
the figure of 3,818,000 barrels reported a month earlier.

Jerry

Sadler

subcommittee's

of

Railroad

the

members

that

"if

we

Commission told the
get Secretary of the

Interior Tckes at the head of this Nation's oil business

might just

we

well get Herr Hitler over here."

He added:
"The Stated can manage their own
affairs—at least, I
know that Texas can."
Continuing his testimony, Mr. Sad¬
ler bluntly warned the subcommittee that "by no means
does

as

Texas intend

to

turn

over

disclosed.

The

Stocks of domestic and ^rude oil showed

a sharp gain
during
period, rising 2,780,000 barrels to 232,615,000 barrels, according to the United States Bureau of

the

Dec.

16-Nov.

18

Mines.

lock, stock and barrel its

rights of

Institute

Price

changes

during

December

limited

were

local

to

sovereignty to the Federal Government, and
truer example of giving up States' rights would there
than to turn loose to our Government of nearly 40%

no

readjustments, with little of marked significance develop¬

be

ing in the crude oil price structure.

this

oil

Nation's

oil

and

production,

54%

of

the

known

of

Deo,

18—Standard

of

Louisiana,

Price changes follow;-

increased

ppol crude oil, Webster Parish, La., 5c. to

the

price

Cotton

of

flat basis of $1.10

a

Valley
barrel.

a

reserves."

Feature of the

Colonel E. 0. Thompson, who in addition to being a mem¬
Commission also in head of the

month in

the

Nation's

ber of the Texas Railroad

product markets

Interstate Oil

refined

petroleum

of Grade O bunker buel oil of 35c.

in

his

Compact Commission,

opposition

was

at

control of the oil industry,
which he said "was not wanted and not needed."
Comment¬

ing

California, Illinois "and other States which do not
State regulation of oil production, Mr. Thompson con¬

upon

have

tended that "these States

State control

and

added

of Texas.

So, naturally,

to

trust

our

the

if

"oil is the

that

we

did

jealously guard the control of

State of Texas's greatest asset."

During the

At month-end all of the factors had not yet met the
were

expected to do

within the immediate

so

future.

lifeblood

In

feel that we would be recreant

.we

not

economic

very

a

increase but

they will have it

Thompson

$1.50

more.

doing all right, but they need
sooner or later."
Mr.

are

in Eastern seaboard prices

a barrel to a new
posting
barrel, due to the sharp expansion in tanker rates
and rising consumption which in turn has drained stocks.
The original increase, posted on Dec. 20
by Standard Oil of
New Jersey, affected New York, Boston, Norfolk and Balti¬

less vehement

no

Federal

to

the spurt

was

addition

prices,

all

to

fuel

the

oils

sharp

improvement

showed

seasonal

in

bunker

strength.

fuel

Kerosene

and

heating oils moved into higher price brackets in all
major marketing areas.
Expanding demand due to in¬
consumption due to the cold weather which gener¬
ally ruled throughout the country made itself felt as a

of the testimony before the subcom¬
mittee, which is headed by Representative Cole, who intro¬

creased

duced the control bill bearing his name at the last session
of the Congress at the request of President
Roosevelt, Rep¬
resentative Mapes made the statement that control of the

decided price stimulant in the markets.

course

industry would

be

cooperative under the Cole bill.
This
from Colonel Thompson as to whose
authority would prevail in the case of any dispute between
brought

inquiry

an

the State ancLFederal authorities
governing the oil

industry.

motor

lags

answered.

To this, Colonel

Thompson replied sharply:

"Why, that's throwing State sovereignty out of the window."
A

sharp attack

Venezuela

was centered upon the recently-effective
agreement by the Independent Petroleum
of America on the ground that the tax reduc¬

trade

Association

in

areas.

In

the

stocks

statistical

of

and

gas

motor fuel

department the sustained

fuel

drainage of
vied with the high volume of
industry's interest.
The steadily

oils

stocks for the

declining holdings of fuel oils contributed
in

gasoline

barrel

crude oil present a "real threat" to the oil
industry's efforts to bala^^e supply and demand.
The re¬

duction in excise

of

which

on

consumption,

On the other hand,
rising' inventories and seasonal
weakened.
The mid-continent gaso¬

by

off under the pressure of increased offer¬
ings, with weak spots appearing in other major
marketing

Thus,

tion clauses

hampered

line market slid

"The Federal man's authority would prevail," the
Congress¬
man

fuel,

A

the

Dec.

crude

since

oil

refiners

as

oils, they

taxes would result in "large increases of
imports df cheap foreign oil," the statement said.
"Under

stocks

is

the

far

percentage

less

crude to

run

than

to

of

that

further

fuel
of

bolster their

oil

motor

stocks

rises
in

a

fuel.

of fuel

forced to add to their holdings of motor fuel,
alreday are far too high to suit petroleum economists.
are

rise of
23

than

more

period

3,000,000 barrels during the Nov. 25-

lifted

this agreement, imports of petroleum at the
reduced tax rate will be admitted in a quantity
equal to 5%
of the quantity of crude oil run to
stills," the Association

stocks of finished and unfinished
gasoline to 78,707,000 barrels/American Petroleum Institute
figures disclosed.

announced

estimates indicate a probable increase
5% in total motor fuel demand, and a gain of at
10% in distillate fuel oil demand during the first
quarter of 1940, the Bureau of Mines indicated in its
regu¬

terms

of

at

its

meeting in

Oklahoma City.

Department has said that it does
sents

"The

State

not believe that this repre¬

large enough volume to be detrimental to the domes¬
tic industry, although practical
experience has shown that

a

a

much

smaller

percentage of low-cost goods is capable of

demoralizing markets."
January market demand for crude
market

was

rels, which
for

crude

with

estimated at

represents

oil

during

a

a

decline of

oil

in

the

domestic

(in barrels)

State—
Texas
California
Oklahoma

month

of

1939.

Compared

for January repre¬

All members of the

Louisiana

1,438,100
594,500

437,600
315,200
255,200

254,200
160,600
101,900

New Mexico

Michigan

State—

Dec., 1939

314,800

168,000
110,000

Arkansas

61,000
59,700

61,000
56,100

Wyoming:

58.700

and
a

51,900

10,0001

50,000
16,100
15,200
15,200
10,000

8,100
3,900

New

West

15,400

York

13,900

Virginia..

Ohio
Indiana

Colorado

3,900

4,200

3,569,700

Totals

He added that the

seven-day production basis
In setting the January

A

the

reduction

Bureau

during

the

allowable

balance

the

in

of

Mines

estimate

of

1,411,000

of

The State regulatory agency set

the quota for the initial month
same

as

recommended

of 1940 at 433,900
barrels,
by the United States Bureau of

Mines, and comnaring with the December quota of 437,600
The January production quota "for California
oil
wells was set at 599,000 barrels daily by the Central
Com¬
barrels.

mittee of California Oil

level

as

ruled

during




20—Pennsylvania refiners marked

has

consumed

40. to 65 points in

New York

up

lubricating oils from 2c. to

the
Dec.

4c.

-

20—Standard of New
a

barrel

at

New

20—Mid-continent

three
Dec.

Jersey advanced bunker fuel oil

York, Boston,
bulk

Norfolk

and

gasoline prices eased

35c.

a

barrel

Baltimore.

off

%c.

a

gallan

on

grades.

20—Wholesale and retail prices of motor fuel

Long View

area

26—Tank wagon

of

were

cut lc.

a

gallon

Texas.

prices of gasoline

were off

lc.

a

gallon in Glad-

water, Tex.
Dec.
up

V2c.

26—Lubricating oils, both Pennsylvania and mid-continent, moved
to

l^c.

Producers, approximately the

December.

The

DECEMBER

of the

during the month.

Corporation Commission.

Nation

•

16—Bulk fuel oil prices were boosted

$1.50
Dec.

all

a

gallon.

Arkansas

same

January

FINANCING

OF

UNITED

STATES

With the market for Treasury securities

Commission

nearly 4,000 barrels was ordered in the
daily allowable for Oklahoma during January by the State

the

the

gallon.
Dec.

to

3,619,700

ordered that wells throughout the
^tate, with a few minor
exceptions, be shut down each Wednesday and Sunday dur¬
ing the month, which means a total of 13 days during which
production will be halted during January.
Estimates indi¬
cated that the January allowable will thus be about
3,000
Texas

that

Commission hopes to retain

year.

under

year

New

Dec.

8,100
5,200

12,900

T

Montana

producing wells in Texas will return to a full pro¬
week on Feb. 1, Lon A.
Smith, Chairman of the
Texas Railroad Commission, announced in Austin late in

barrels

consecutive

Unofficial figures indicate
gasoline disappearance figures,

England terminals, with barge prices for kerosene going to 5^c.
gallon, New York.

Dec., 1939

All

barrels for

record

.

Dec.

duction

the

third

forecasts.

show

December:

a

Jan., 1940

Pennsylvania
Kentucky

60.000

December.

demand

will

first

for the various States being as follows;

niinois

Kansas

the

1939

The following price changes show the trend of the
major
marketing areas for refined petroleum products during

^proximately 1%.

Jan., 1940
1,411,000
593,900
433,900

market

record supplies of motor fuel.

"Big Six" oil producing^States showed lower allowables for
January as compared with December, the suggested allow¬
ables

lar

a

December, however, market demand

sents

least

that

daily average of 3,569,700 bar¬
gain of 7% over actual demand

the

Market trends and

of about

TREASURY

withstanding in

good style the November financing operations,
Secretary of
the Treasury Henry
Morgenthau Jr. proceeded in December
with his plan for refunding the
$1,378,364,200 oll%% notes
maturing on March 15, 1940.
The plan which the Treasury
had been following for several tax dates
antedating the out¬
break of war in
Europe, of anticipating by three months the
maturities of its securities, proved so useful at the
September
tax date, when the market was
still unsettled, that the
Secretary lost little time in similarly taking care of the March
notes

at the first
opportunity.
As the September note
maturity had been refinanced at the June tax date, the
Treasury was able to pass by the September tax date without
any financing.
The December note maturity was refunded

in

October, the Treasury had raised $521,346,850 of cash
November 28 through the
offering of 2% 9-11-year
bonds, and hence the decks were cleared for the March note
on

refinancing.

Mr. Morgenthau

called the executive committee of the

Federal Open Market Committee to Washington to meet with
him on Dec. 11 to discuss the terms of there funding, and later

day he made public the terms of the exchange offer¬
ing.
The announcement said that the Treasury was offering
through the Federal Reserve banks 12-14-year 234% bonds
of 1951-1953 and 1% 4-year and 9-month notes of series
C-1944;n exchange for the 1%% notes, falling due March 15.
The new bonds were dated Dec. 22, 1939, with the maturity
set for Dec. 15, 1953, but they could be redeemed at the
option of the Treasury on and after Dec. 15,1951.
The new
notes were likewise dated Dec. 22,1939, and the first coupon
covered the fractional period from Dec. 22 to March 15,1940.
Th& notes will mature Sept. 15, 1944.
The notes and bonds
were not made available for cash subscription.
They could
be subscribed only by tender of the $1,378,364,200 of 124%
notes due March 15, 1940.
Accrued interest on these notes
from Sept. 15 to Dec,. 22—$4,375 per $1,000 face amountwas paid following their acceptance.
In addi tion to t ue bonds
and notes offered to the public for exchange subscription,
Mr. Morgenthau said that in addition up to $100,000,000
of the bonds might be sold to government investment
accounts for cash during the next three months at par and
the

same

NEW SECURITY ISSUES

Fresh

capital
flotations undertaken by both
corporate and municipal entities show a healthy increase
market

in Volume over the

month

was

more

of the bonds which the investment accounts could

With roughly

the bonds.
Mr. Morgenthau announced on Dec. 6 the final results of

offering of 2%, Treasury bonds of 1948-1950

on

Nov. 27.

He said that subscriptions (all for cash) had totaled $6,263,-

583,150, while allotments

on

public subscriptions amounted

$521,346,850.
Included in the latter amount were
$21,693,400 of allotments to subscribers for $5,000 or less of
bonds, for which delivery will be made in registered bonds
60 daJs after the issue date.
Thb Treasury allotted, in
addition, $50,000,000 to government investment accounts.
The last of the Treasury bills held by the Federal Reserve
to

banks matured in the week

ended

Nov. 29 and

were

un-

replaced.

As the market supply of bills increased as a result
of Federal Reserve policy, the average rate at which the
weekly bill offerings were placed hardened slightly, the rate
rising from 0.015% for the bills dated Nov. 29 to 0.019% for
the issue dated Dec. 13.

The Dec. 20 issue

was

taken at

an

price of 0.018%, but the issue dated Dec. 27 was bid
in at an average price of 0.007%, the demand for year-end
window dressing purposes being keen.
Prices of Treasury
bonds continued to advance in December, reaching by the
month-end the best levels since the third week of August.
Prices of the bonds as the year closed were about 7 M points
above thteir September lows and only 2 points under their
record highs, reached in June.
Sales of United States savings
bonds for the month through the 28th, according to the
Treasury's daily statement, amounted to $68,186,320, com¬
pared with $42,300,861 in the corresponding period of last
year.
Sales in the fiscal year amounted to $383,900,356,
compared with $235,391,008 ip the previous year.
The Treasury announced on Dec. 15 that market trans¬
actions in-government securities for Treasury investment
accounts in November resulted in net sales of $2,844,350,
compared with net sales in October of $1,201,000 and with
net purchases in September of $71,904,950.
On Dec. 7 Mr. Morgenthau expressed doubt that the offer¬
ing of between $50,000,000 and $60,000,000 of Tennessee
Valley Authority securities which in early November he had
promised before the year, would be offered before next year.
As the result of the month proved, the doubts he then ex¬
pressed were well founded. Secretary Morgenthau said on
Dec. 14 that the Treasury had no important refundings until
next June, but it might sell securities before then for cash.
The details of Treasury bills sold on a discount basis are
given in the following table:

average

BIBS

Bills

Amount of

Dated

Offered
Deo.

1 1939

Deo.

8 1939

Deo.

6 1939

Deo.

Offering

Mature

Mar.

6 1940

13 1939

Mar. 13 1940

Deo. 15 1939

Dec. 20 1939

Mar. 20 1940

91 days

Dec. 27 1939

Mar. 27 1940

Deo. 27 1939

Jan.

91 days
91 days

Apr.

3 1940

tions

91 days $100,000,000 $301,310,000

Deo. 20 1939

31940

Subscrij}-

91 days

100,000,000
100,000,000
100,000,000
100,000,000

224,198,000
257,068,000
320,409,000
379,659.000

To Redeem
Bills

Subscrip¬

Amount

Average

Offered

tions

Accepted

Price

Yield

99.996

0.016%
0.019%
0.018%
0.007%

Deo.

1 1939

$301,310,000

Deo.

8 1939

224,198,000
257,068,000
320,409,000
579,659,000

Deo. 15 1939

Deo. 20 1939

Deo. 27 1939
*

All but

$100,945,000
100,044,000
100,244,000
101,021,000
101,930,000

$29,000,000 sold at this




price;

99.995

99.996
99.998

100.001*

balance higher.

Nil

outstanding obligations, with the for¬

December,

was

the $60,000,CK)0 offering of the Louisville &

Nashville BR., consisting
and

a

the last full

ment

of $30,000,000 10-year 3%% bonds,
4% bonds, placed on Dec. 29,

like amount of 20-year

business day of the month and

year.

Invest¬

banking houses totaling 76 in number accepted from

Morgan Stanley & Co./Inc., several participations aggregat¬
ing $50,159,000 principal amount of bonds, in this purchase,
with a selling group /of between 500 to 600 dealers formed
to

distribute the securities.

Below are

set forth the

more

important issues placed in December:
RAILROAD

FINANCING

$60,000,000 Louisville & Nashville RR.—Two issues of coll. tr. bonds
aggregating $60,000,000 and consisting of $30,000,000 10-year
3H % bonds and $30,000,000 20-year 4% bonds were offered

syndicate headed by Morgan Stanley & Co., Inc.

3H% bonds were offered at 101 and int. to yield 3.36%
first date callable at par and 3.38% to maturity, and
the 4% bonds at 100)4 and int., to yield 3.96% to both the
first clatfi callable at par and at maturity.
Subject to certain
terms a&d conditions, the company has agreed to sell toMorgan Stanley & Co.,, Inc., and the latter has agreed to
purchase from the company the 10-year coll. tr. 3H % bondsat 99and the 20-year coll. tr. 4% bonds at 98H% plus
accrued interest in each case to date of delivery.
Other
bankers' offering the, bonds included:
Kuhn, Loeb & Co.;
Harriman Ripley & Co., Inc.; Smith, Barney & Co.; The
First Boston Corp.; Blyth & Co., Inc.; Kidder, Peabody &
Co.; Lazard Freres & Co.; Lee Higginson Corp.; Goldman,
Sachs & Co.; Lehman Brothers; Bonbright & Co*, Inc.;
W. E. Hutton & Co., and Equitable Securities Corp.
The

to the

*

4,250,000 Elgin

t;

Joliet •&

Eastern

Ry.—Mellon

Securities

Corp.,

Lazard Freres & Co. and Estabrook & Co. offered>Dec. 1,
$4,250,000 2H% serial equipment trust certificates at prices
to yield from 0.30% to 1.95%, according to maturity.
Dated
Dec. 1, 1939; due $425,000 from Dec. 1,1940 to Dec. 1, 1949,
both dates inclusive.
Trustee, Harris Trust & Savings Bank,
Chicago.
These certificates Will be unconditionally guar¬
anteed as to principal and dividends by Elgin Joliet & Eastern
Ry.
The group headed by Mellon .Securities Corp. was high
bidder with an offer of 104.6256.
The interest cost basis to
the company was around 1.62%.

1,748,000 Boston & Maine RR.—Salomon Bros. & Hutzler, Dick &
and Stroud & Co. have purchased from the
Reconstruction Finance Corporation $1,748,000 4% equip¬

Merle-Smith

series of 1934.
The certificates were
Q.50 to 3.25%, according to ma¬
Issued under the Philadelphia plan.

ment trust certificates,

reoffered at prices to yield

turity.

UTILITY FINANCING

PUBLIC

$48,000,000 Public Service Co. of Indiana—New corporate securities
in the amount of $48,000,000 made their appearance in the
market Dec. 7 in the offering by Halsey, Stuart & Co., Inc.,
and
an
associated Nation-wide group of distributors of
$38,000,000 1st mtge. series A 4%bonds and $10,000,000'
serial debentures 3V%%.
The bonds were priced at 102 and
the debentures at prices to yield .65% to 4.20%, depending
upon maturities which range from Sept. 1, 1940 to Sept. 1,
1949.
Other principal members of the underwriting group
included; Lazard Frerea& Co.; Glore, Forgan & Co.jA. G.
Becker & Co., Inc.; Central Republic Co.; Harris, Hall &
Co. (Inc.); A. C. Allyn & Co., Inc.; Blair & Co., Inc.; East¬
man, Dillon & Co.; Hallgarten & Co.; Lee Higginson Corp.,
and E.

H. Rollins & Sons, Inc.

45,000,000 Northern Indiana Public Service Co.—Offering was made
Dec. 14 by an underwriting group of 58 members headed by
Halsey, Stuart & Co., of $45,000,000 1st mtge. bonds,
series A, 3%%, due Aug. 1, 1969.
The bonds were offered
at 100 and int.
Other leading members of the underwriting
group are: Glore, Forgan & Co.; Harriman Ripley & Co., Inc.;
/
A. G. Becker & Co., Inc.; Central Republic Co.; Harris, Hall
& Go. (Inc.); Blair. & Co., Inc.; Eastman, Dillon & Co.;
Hallgarten & Co.; Lazard Freres & Co., and Lee Higginson
Corp.

10,900,000 Pennsylvania

Water & Power Co.—Public offering

was

made Dec. 20 by an underwriting group headed by White,
Weld & Co. of $10,900,000 ref. mtge. & coll. trust bonds,

series due 1964.
The bonds were priced at 104 and
accrued interest.
Other members of the underwriting group,
included: The First Boston Corp.; Minsch, Monell & Co.,
3H%

Gross & Co.; Bonbright & Co., Inc.; Lee
Higginson Corp.; Stone & Webster and Blodget, Inc.; Jackson
Weeks & Stubbs,
Inc., and Yarnall & Co.

Inc.; Joseph W.

& Curtis; Spencer Trask & Co.; Whiting,

10,300,000 Associated Telephone

Co., Ltd.—Company (subsidiary of

General Telephone Corp.), Dec. 2 completed the sale of
$10,300,000 334% bonds, due Dec. 1, 1969, to 13 insurance
companies at a price of 105M to yield 3.20%.
Proceeds will
be used to redeem a like amount of outstanding 4% bonds,
due in 1965.
Acting as agents for the transaction were Bon¬
bright & Co., Inc.; Paine, Webber & Co., and Mitchum,
Tully & Co.

6,750,000 Southwestern Light & Power Co.—A new issue of $6,750,000 1st mtge. bonds, series A 3H% and due Dec. 1, 1969,
was offered Dec.
21 by an underwriting -group headed by
Harris, Hall & Co., Inc.
The bonds were iffered at 102 and
accrued interest.
Included in the selling g^bup were Halsey,
Stuart & Co., Inc.; Glore, Forgan & Co.;
Becker & Co.,
Inc.; Bonbright & Co., Inc.; Harriman Ripiey & Co., Inc.;
Tucker, Anthony & Co.; A. C. Allyn & Co., Inc.; and Bartlett,
Knight & Co. (Inc.).

4,800,000 Pennsylvania Telephone Corp.—The company announced
Nov. 15 that it has made arrangements through Bonbright &
& Co., Inc.; Paine, Webber & Co., and Mitchum, Tully & Co.
to sell privately on Dec. 1 to 12 insurance companies $5,200,000 1st mtge. 3H% bonds, due 1969.
Proceeds will be
used to refund $4,200,000 4% bonds, due 1965.
Bonds will be
purchased at 101M.
The bonds will be purchased by the following insurance
companies: New York Life Ins. Co., $1,000,000; John Han¬
cock Mutual Life Ins. Co. and Northwestern Mutual Life Ins.
Co., $750,000 each; Massachusetts Mutual Life Ins. Co.,
State Mutual Life Ins. Co., Sun Life Assurance Co. of Canada,
....

f400,000 each; Mutual Benefit Life Ins. Co. and Provident
lutual Life Ins. Co. of Philadelphia, $350,000 each; Phoenix

Maturing
Issue of—

Financing for the

representing the smaller portion of the month's opera¬
tions.
The most prominent issue as to size, placed in

Dec. 29 by a

80%
of the notes which were exchanged tendered for the bonds and
only 20% for the new notes, the expectations of Treasury
officials werp exceeded, for the official prediction had been
that only about 60% of the notes would be exchanged for

the

total for November.

divided into offerings for new capital purposes

and for refunding of

on

subscribe for in the next three months.

and

mer

the exchange offering were closed
at the close of business on Dec. 13.
Mr. Morgenthau stated
on Dec. 20 that $1,301,182,100 of the March notes had been
tendered in exchange for the new securities, of.which $1,018,176*100 were for the 234% Treasury bonds of 1951-1953 and
$283,006,000 were fpr the 1 % Treasury notes of series C-1944.
Thus $77,182,100 of the notes were left to be paid off at the
maturity date next March 15.
The Treasury allotted, in
addition to the exchanges, $73,006,000 of the bonds to
government investment accounts, thereby leaving $26,994,-

Subscription books

IN DECEMBER

to the domestic new

given

impetus was
in December,

accrued interest.

000

11

MONTHLY* BEVIEW

Jan., 1940]

,

$100,358,000
100,107,000
100,046.000
100,726,000
100,548.000

Mutual

Ins.

Co., $250,000;
and Pacific Mutual Life

Co., $300,000; Home Life Ins.

National Life Ins. Co., $150,000,
Ins. Co. of California, $100,000.

2.250i000 Central States Electric Co.—An issue of $2,250,000 1st
mtge. bonds, 4% series, due 1964, was offered Dec. 27 by
Harris. Hall & Co. line.); The First Boston Corp.; Quail &
Co.; Ames, Emerich & Co., Inc., and Arthur Perry & Co.,
Inc., at 102 and interest.

MONTHLY REVIEW

12

4,000,000 Wisconsin-Michigan Power Co.—A syndicate headed by
The Wisconsin Co.; Edgar Bicker & Co,, and The Milwaukee
Co. offered at 100 and div. the unsold portion of 40,000 shares
of preferred stock, 4M% series.
Holders of 6% preferred
stock were given prior opportunity to purchase up to 37,343
shares of the 4)4% series at the public offering price.
Net proceeds from the sale of the preferred stock, 4M%
series, together with the proceeds of the Sale of common stock
and of bank loans, and treasury funde will be applied to the
extent necessary, to the redemption of its outstanding pre¬
ferred stock, 6% series, and the retirement of its 3% instal¬
ment note.

sold to the
debentures
1945 to June 1, 1952*

was also announced that the company has
Travelers Insurance Co. $750,000 4j4%
serial

750,000 It

$50,000 semi-annually June
par and Interest.

due
at

1,

500,000 California Water Service Co.—The company has sold pri¬
vately an issue of $500,000 1st mtge. 4s series B, due May 1,
1961.
This brings the total amount of first mortgage bonds
outstanding to $11,100,000.
Proceeds will be used to increase working capital and re¬
imburse the company's treasury for plant betterments made
during the past year.
The San Francisco Stock Exchange has approved the listing
of the

Pennsylvania School Employees' Retire¬
Board, Harrisburg, as 2Hs, at a price of 100.625, a*
basis of about 2.45%.
Due annually from 1944 to 1964,
incl.
Several syndicates competed for the"loan, which con¬
stituted the first offering of taxable securities by the district.
As the Retirement Board, also other Pennsylvania bodies of
that nature, are not subject to such taxation, they thus were
conceded an advantage over investment bankers in com¬
were

(Okla.) Gas Utilities Co.—Dallas Rupe & Son,

banking house, Dallas, Texas, announced Dec.
15, conclusion of agreements to underwrite $260,000 10-year

investment

5% 1st mtge. bonds.

The financingwas handled jointly with

William N. Edwards &

INDUSTRIAL

Co., Fort Worth.

AND" MISCELLANEOUS FINANCING

$8,000,000 West Virginia Pulp & Paper Co.—An underwriting group
headed by Harriman Ripley & Co., Inc., and including
Blyth & Co., Inc., Kidder, Peabody & Co., White, Weld &
& Co., Goldman, Sachs & Co. and Alex Brown & Sons,
offered on Dec. 5, $8,000,000 1st mtge. bonds, 3% series
due 1954, at 99 and accrued interest.
The issue has been

peting for the offering.

4,0591000 Inspiration Consolidated Copper Co.—Public offering
the unsubscribed portion

of $4,059,000 of

an

o'

issue of $5,910,-

000 1st mtge. conv. 4% bonds, due 1952, was made Dec. 27

by

an

underwriting group headed by Blyth & Co., Inc., and

including Harriman Ripley & Co., Inc.; G. M.-P. Murphy &
Co., and Hallgarten & Co. The bonds were priced at 100.

3,082,500 Scott Paper Co.—Smith, Barney & Co. and Cassatt & Co.
offered on Dec. 12, 30,000 shares of $4 cumulative preferred
shares (without par value) at $102.75 a share and dividends.

2,000,000 Copperweld Steel Co.—Company Dec. 14 completed the
sale of $2,000,000 of 4)4% 1st mtge. 15-year bonds to the
Metropolitan Life Insurance Co.
The sale was arranged by
Riter & Co. who heads an underwriting group which is dis¬
tributing the preferred stock.
505,000

Copperweld Steel Co.—Public offering

was made

Dec. 8

,

of 10,000 shares of cum. conv. pref. stock, 5% series, by an

underwriting group headed by Riter & Co.
The shares Were
priced ai $50.50.
Other members of the underwriting group
included Hemphill, Noyes & Co., Eastman, Dillon & Co.,
Schwabacher & Co., Singer, Deane & Scribner, A. G. Becker
& Co., Inc., Graham, Parsons & Co., McDonald-Coolidge
& Co., Moore, Leonard & Lynch and Schoellkopf, Hutton
& Pomeroy, Inc.
.
•

2,000,000 American Airlines, Inc.—A block of 50,000 shares of stock
has been placed with a small number of individual investors
by Kidder, Peabody & Co. and Emanuel & Co.
The price
at which the stock was sold was not made public.
However,
the "stock was quoted at 39-40 on Dec. 15, the date of the an¬
nouncement of the sale.
The stock represents new financing
by the company in connection with the purchase of new air¬
liners.
Application has been made to list it on the New York
Stock Exchange.
The stock was not registered under the
Securities Act because the number of purchasers was so small
as to make the transaction a private sale.

910,000 Hydraulic Press Manufacturing Co.—New capital financr
ing for the company was carried out Dec. 8 with the offering
by F. Eberstadt & Co., Inc., and Hawley, Huller & Co. of
20,000 shares of 6% cumulative convertible/preferred stock
(par $25) and 40,000 shares of common stockT(par $5).
The
preferred stock, which is convertible into two shares of com¬
mon stock, was priced at $25 per share.
The common stock
was priced at $10.25 per share.
Net proceeds from the sale
will be used, to the extent of approximately $500,000, to pro¬
vide for additions to the company's manufacturing and office
facilities.
The balances of approximately $240,000 will be
added to working capital.
800,000 Bill-O-Type Corp.—Initial public financing of the corpora¬
tion was announced on Dec. 1 with the offering of 400,000
shares (50 cents par) common capital stock by Von Gemminger & Co.,-New York.
The stock was offered as a specu¬
lation by means of a prospectus at $2 a share.

favorable
cost
basis
also
reflected
investment
banker's
approval of various measures adopted by the city toward
improving its fiscal position, particularly as regards liquida¬
tion of a substantial accumulated deficit and balancing of the
1940 budget.
In the re-offering the 314% bonds, due 19411945, were priced to yield from 0.60% to 1.80%; the 2 Ms, due
1946-1950, from 2.10% to 2.50%, and the. balance of 2Ms,
maturing 1951-1960, were priced from 99.50 to 97.50.

4,565,000 Bayonne, N. J., 3H% bonds, including $4,345,000 refund¬
ing and $220,000 funding/ purchased privately by B. J.
Van Ingen & Co., Inc., New York.
Due from 1940 to 1959,
inclusive.

3,670,000 Louisville, Ky., bridge revenue refunding bond sold to
syndicate managed by Blyth & Co., Inc., New York,
2 Mb, at 100.52, a basis of about 2.19%.
Due from 1940
1955, incl., with bonds maturing in 1955 being subject
call at various prices depending on date of redemption.

223,704 Time Finance Co. (Ky.)—W. L. Lyons & Co., Louisville,
Ky., offered at $26 per unit 8,604 units of capital stock.
Each
unit consists of two shares of 6% cum. pref. stock (par $10)
and three shares of common stock (par $1).
MUNICIPAL FINANCING

$10,500,000 New Jersey (State of) series A unemployment relief bonds
sold to a syndicate headed by Shields & Co. of New York,
as 1 Ms, at a price of 100.521, a basis of about 1.07%.
Due
serially from 1942 to 1949, incl., with the bonds maturing
after Dec. 15, 1942 being subject to call at par and accrued

and 3M% nonrevenue bonds offered by an account headed
by Stranahan, Harris & Co. of Toledo, at prices to yield from
0.60% to 2.80%, according to maturity.
There are $1,337,000 3s due serially from 1940 to 1954, incl. and $4,573,000 3 Ms, due from 1955 to 1979, incl.
The issue was
acquired privately by the banking group and the proceeds
will be used by the Authority in the purchase of the facilities
of the Chester Water Service "Co,., a subsidiary of the Federal
Water Service Corp.
>
callable water




refunding

bonds

1959, inclusive.
3,

1%b, due in

$500,000

1944,

a

net interest cost of about

1.92%.
Re-offered to yield from 1.40% to 1.90%, according
maturity.

to

2,749,000 Onondaga County, N. Y., bonds for home relief and refund¬
ing purposes went to a group headed by the Bankers Trust
Co. of New York, as 1.60s, at 100.419, a basis of about 1.53%
Due serially from 1941 to 1960, incl. and re-offered to yield
from 0.25% to l'.90%, according to maturity.
.

1,750,000 Lakewood, Ohio, waterworks extension first mortgage bonds
sold to Field, Richards & Shepard, Inc. of Cleveland, and
L. F. Rothschild & Co. of New York, jointly, as 2Ms, at
101.54, a basis Of about 2.40% to maturity.
Due annually
from

1943

to

1975, incl., with

Jan. 1, 1966 being
inverse order.

1,314,000 Albany County,

callable at 102

bonds maturing on or after
on and after Jan. 1, 1961, in

N. Y., bonds purchased at public auction

headed by Phelps, Fenn & Co., Inc., New York,
1.60s, at 100.35, a basis of about 1.55%.
Due yearly
from 1940 to 1958, incl. and re-offered to yield from 0.20%
to 1.80%, according to maturity.
by a group

as

1,252,000 St. Petersburg Special Road and Bridge District No. 13,
Fla., 3)4% and 4% refunding bonds awarded to the Clyde
C. Pierce Corp. of Jacksonville, and Leedy, Wheeler & Co. of
Orlando, jointly, at 100.016, a net interest cost of about
3,91%.
'
1,236,000 Decatur,
Nicolaus

Ala., 4% refunding bonds purchased by Stlfel,
Co. of St. Louis, and associates, at a price of1

&

102.51, a basis of about 3.80%.
Due from 1941 to 1970,
incl., with bonds maturing in 1969 and 1970 being subject to
call on or after Jan. 1 1945, at various prices governed by
date on which option is exercised.
In the re-offering the 1941
to 1968 bonds were priced to yield from 2% to 3.70%, accord¬
ing to maturity and the 1969 and 1970 maturities were priced
at 107, or about a 3,20% yield basis to first redemption date.

1,000,000 Cleveland, Ohio, 4% delinquent tax bonds awarded to a
group headed by Fahey, Clark & Co. of Cleveland, at 106.027,
a
basis of about 1.74%.
Due semi-annually from 1940 to

1944, inclusive.
Carolina

1,000,000 South

(State

of)

funding notes purchased

by

Mackey, Dunn & Co., Inc., New York, as 1 Ms, at 100.31, a
basis of about 1.14%.
Due from 1940 to 1944, inclusive.

DIVIDEND CHANGES IN DECEMBER

Dividend declarations in December

were

largely of

a

favor¬

able nature, and were augmented by the extra and special
disbursements customary at this period of the year.
The

following list, divided into two sections, namely "Favorably
Changes" and "Unfavorable Changes," gives the, more
important of the changes:
'
■
FAVORABLE

CHANGES

(J. D.) Adams Mfg. Co.—Extra dividend of 30c. a share on the common
stock, payable Dec. 20.
Administered

Fund Second,

Inc.—Dividend of 20c. per share on the
26.
This compares with

stock, no par value, payable Dec,
paid Oct. 20 last.

common

5,910,000 Chester Municipal Authority, Pa., 3%

non-callable

'

7c.

Administration.

F

to
to

3,204,000 Massachusetts (State of) bonds awarded as follows:
$3,000,000 Metropolitan Additional Water Loan issue was
taken by Lehman Bros, of New York, and associates, as
1%8, at a price of 100.039, a basis of about 1.74%.
Reoffered to yield from 0.90% to 1.90%, according to maturity;
$204,000 Metropolitan Sewerage Loan issue purchased by
Phelps, Fenn & Co., Inc., New York, account, as l%s, at
102.11, a 1.55 %. cost basis.
The $3,000,000 bonds matpre
from 1945 to 1969, incl. and the $204,000 from 1943 "to

years

10,000,000 Pennsylvania Turnpike Commission, Pa., 3%% turnpike
revenue bonds purchased from the Reconstruction Finance
Corporation by B. J. Van Ingen & Co., Inc., New York, and
associates, and publicly re-offered at a price of 99.50 and ac¬
crued interest.
Due Aug. 1, 1968, and callable on or after
Aug. 1, 1947, at various prices depending on the date of
redemption.
Tnis offering increased to $20,000,000 the total
of turnpike commission bonds offered to the public.
The RFC
is committed to purchase a maximum of not more than $40,800,000 bonds in connection with the 160-mile highway pro¬
ject now under construction by the Turnpike Commission.
Approximately $30,000,000 of the total cost of the project,
which will cover most of the distance between Harrisburg and
Pittsburgh, will be provided as a grant by the Public Works

series

a
as

awarded to Lehman Bros, of New York, and associates, at a
price of par for $1,443,000 4s, due from 1941 to 1953, incl.,
and $1,935,000 3 Ms, due 1954-1963, or a net interest cost of
about 3.62%.
The 4s were re-offered to yield from 1% to
3.65%, according to maturity, and the 3Ms were priced from
par to 98.75.

interest upon three months'

notice at any time after three
from date of issuance.
Banking group re-offered the
issue to yield from 0.40% to 1.30%, according to maturity.

Mich.,

3,378,000 Detroit,

393,750 Aeronautical Corp. of America—Whitney-Phoenix Co.,
Inc., New York, offered 63,000 shares of common stock (par
$1) at $6.25 a share.
Stock was offered as a speculation.

262,500 Airplane Mfg. & Supply Co.—G. Brashears & Co., New
York, offered at $1.25 a share 210,000 shares of common
stock (par $1).
Stock was offered as a speculation.

•

4,620,000 Philadelphia, Pa., non-callable funding bonds, due annually
from 1941 to 1960, incl., were sold to a banking group headed
by Drexel & Co. of Philadelphia, as 2Hb and 3)4*, at a price
or 100.13, a basis of about 2.56%.
Terms obtained by the
city represented a sharp improvement over past borrowings,
this being due in considerable measure to the fact that the
issue is the serial type, while all previous offerings by the city
were of the sinking fund, or single maturity, character.
The

oversubscribed.

7,500,000 National Supply Co. (Pa.)—Offering of $7,500,000 1st
mtge. bonds, 3H% series due 1954, was made Dec. 19 by a
syndicate headed by Kuhn.Loeb & Co.; A. G. Becker & Co.,
Inc.; Hemphill, Noyes & Co., and Harriman Ripley & Co.,
Inc.
The bonds were priced at 101% plus accrued interest
to date of delivery.

awarded to the

ment

additional bonds.

260,000 Guthrie

School District. Pa., serial taxable bonds

5,000,000 Philadelphia

Aetna Casualty &

Surety Co.—Extra dividend of $1 a share and a quar¬
terly dividend of $1 a,share on the $10 par capital stock, both payable
Jan. 2.
Previously regular quarterly payments of 75c. a share were made..

Aetna Fire Insurance Co.—Extra dividend of 20c.

in addition to the
regular quarterly dividend of 40c. a share on the common stock, payable
Jan. 2.

Aetna Life Insurance Co.—Extra dividend of 20c. a share and a regular

quarterly of 30c.

share on the $10 par, capital stock, both payable

a

Jan. 2.

Agricultural Insurance Co. of Watertown, N. Y.—Special dividend of
25c. per share on the capital stock, payable Jan. 2.
Albany & Susquehanna RR.'—Special dividend of $1.50 a share on the
$100 par," common stock, payable Jan. 13.
Alexander & Baldwin, Ltd.-—Dividend on the capital stock increased from
$1.50 a share to $2.50 a shard, payable Dec. 15.
Allied Chemical & Dye Corp.—Special year-end dividend of $3 per share
on the common stock, payable Dec. 28.
Regular quarterly dividend of

$1.50 per share previously declared was paid on Dec. 20.
Allied Products Corp.—Special dividend of 37 Mc. per -share and a quar¬
terly dividend of 25c. per share on the common stock, both payable
Dec. 26.
Previously regular quarterly dividends of 12Mc. per share
were distributed.
"
.

of 75c. a share on the $3 convertible
preference stock, no par value, payable Dec. 27.
This represented the
first paid since Feb. 1, 1938, when a regular quarterly dividend of 75c. a

Altorfer Brothers gCo.—Dividend

share

distributed.

was

B/G Foods, Inc.—Dividend of $5.25 a share on account of accumulation*
and a regular quarterly dividend of $1.75 a share, ordinarily due at this
time on the 7% cumul. pref. stock, par $10Q, both payable Dec. 21.
Thispayment wipes out all back dividends.

.

Hedges—Dividend of $3 per share on account of accumulations
preferred stock, payable Dec. 21.
Previous pay¬
$2.50 a ehare and was made Dec. 27, 1938.

Benson &

of $6 on the company's com¬
share of Niagara Hudson Power Corp. common
stock for each three shares of Aluminum common stock held, payable
Dec. 27 to holders of record Dec. 11.
This is the first distribution on
the common shares since 1928.

Aluminum Co. of America—Cash dividend

plus

stock,

mon

one

Alliance

American

Insurance

N.

Co.,

Y.—Extra dividend of 20c. a
share on the $10 par

regular quarterly dividend of 25c. a
capital stock, both payable Jan. 15.

share and

a

American Arch Co.—Extra dividend of $1.25 per

share on the common

American Asphalt Roof Corp.—Year-end dividend of $10 per share on
the common stock, payable Dec. 27.
Dividends of $2 per share were

Dredging Co.—Dividend of $4 per share on the common stock,
payable Dec. 28.
This compares with $1 paid on June 28, last, Dec. 28

American

and June 28,

1938.

of $4 per share on
Dividend of $1 was paid on Sept.

American Enka Corp.—Dividend

payable Dec. 20.
American

the common stock,
30, last.

$4.50 a share on the
of $3.50 a share was

European Securities Co.—Dividend of
A distribution

preferred stock, payable Dec. 29.
made on June 28, last.

American Express Co.—Extra dividend of $2 a share and a regular Quar¬
terly dividend of $1.50 a share on the common stock, payable Dec.
/ 1939, and Jan. 2,1940, respectively.

28,

of

$1

Felt

Co.—Dividend

payable

Dec.

22.
This was the first dividend
14, 1937, when $1 per share was

per

stock,
paid on the common
distributed.

share on the common

American

shares since July

dividend of 10c. per share in
15c. per share on the common

American Fidelity & Casualty Co.—Extra
addition to the regular quarterly dividend of

10.

stock, both payable Jan.

American Hard Rubber Co.—Dividend on the common
from $2 a share to

$2.50

American Hardware

a

share, payable Dec.

stock increased

23.

share in addition
the common stock,

Corp.—Extra dividend of 25c. per

regular quarterly dividend of like amount on

to the

both payable Dec. 26.

American Hawaiian Steamship Co.—Extra
the

common

dividend of 50c. a share on

"

stock, payable Dec. 27.

American MaizdrProductlii Co.—Extra dividend

of 25c. per share in

American Optical Co.—Dividend of 25c. a
payable Dec. 15, and a regular quarterly of

addi¬

the common

tion to the regular quarterly dividend of like amount on
stock, both payable Dec. 27.

share on the common stock,
25c. a share, payable Jan. 2.

1940.

stock increased from $2 a share to

the no par common

$2.75 a share, payable Dec.

American Snuff Co.—Extra dividend of 25c. a share

terly of 75c.
American
a

a

share on the $25 par common stock,

Stamping Co.—Dividend

share to 35c.

on

15.

and a regular quar"

both payable Jan. 2.

the common stock

increased from

share, payable Dec. 30.

a

Steamship Co.—Dividend of $10 per share on the common
jjtock, payable Dec. 21. A dividend of $2 was paid on Oct. 2, last.

American Thermos Bottle Co.—Year-end dividend of $1 a
common

share on the

stock, payable Dec. 23.
per

Anchor Hocking Glass Corp.—Dividend

stock, payable Dec. 28.
Oct. 16, last.

common

share on the common stock,

of 25c. a share on the no par

One of 15c. a share was

distributed on

Inc.—Dividend on the $20 par, common
share to $1.50 a share, payable Dec. 22.

Anheuser-Busch,
creased from $1 a

stock in¬

Apex Electrical Mfg. Co.—Dividend of $4 a share on account of accumu*
lations on the 7% prior preferred stock, par $100, thus clearing up alarrears on the issue and a dividend of 25c. a share on the common stock,
both payable Dec. 26.

Armstrong Cork

of $1 a share on the common stock,
This compares with 25c. paid on Dec. 1, Sept. 1,

Co.—Dividend

payable Dec, 23.
June 1 and March 1 last.

f

last; 40c. paid on
per share were distributed.

share in addition to

dividend of 10c. per share on the common stock,
payable Dec. 29.

the regular quarterly

both

addition to the regular
cjuarterly dividend of 25c. per share on the common stock, both payable

Arundel Corp.—Extra dividend of 50c. per share in

Associated
share

on

of

Breweries

Ltd.—Year-end dividend of 75c. a
22.
A regular quarterly divi¬

Canada,

the common stock, payable Dec.

Finance

Co.—Extra

dividend

of 50c.

to a quarterly
payable Jan. 2.

in addition

dividend of 25c. per share on the common stock, both

Automobile Banking Corp.—Extra dividend of 5c. per share in addition
to the regular quarterly dividend of 10c. per share on the class A and
common stocks, all payable Dec. 28.
Automobile Insurance Co.—Extra dividend of 40c. a share and a regular

quarterly dividend of 25c.

a

share on the capital stock, both payable

Mfg. Co.—Dividend of 7 He. per share on the common stock,
payable Dec. 20.
This will be the first dividend paid since July 25,1938,
when 7Hc. per share was also distributed.

Baldwin Co.—Dividend of
Dec.

stock, payable Dec. 23.
Sept.

4Ck(.

per

share on the common stock, payable

This compares with 20c. paid on Sept. 25, last.

23.

Baltimore Radio Show,

Incl—Dividend

of 40c. per share on the common
Regular quarterly dividend of 5c. was paid on

Dec. 30.

-

(Joseph) Bancroft & Sons—Dividend of $2 per share on account of ac¬
cumulations on the 7% cumulative preferred stock, payable to holders
of record

tributed

Dec. 22.

in

Last previous payment was the $1.75 dividend dis¬

October,

1931.

Barber Co.—Extra dividend of 50c. per share on the common
stock, payable Dec. 26.
Regular quarterly dividend of 25c. per share
was paid on Dec.
15 last.

(W. H.)

Barker

Bros., Inc.—Dividend of 25c. per share on the common stock,
Previous dividend was the 75c. distribution made on

payable Dec. 30.
Dec. 23, 1937.

Bausch & Lomb Optical Co.—Dividend of 75c. per share on the common
stock, payable Dec. 29.
This compares with 25c. paid on Oct. 2, July 1,

dividend of 50c. a share on the common
An extra and regular quarterly payment of
Nov. 1 last. ^

share was made on

of

Laughlin, Inc.—Dividend of 25c. a share on the larger amount
shares now outstanding, payable Dec. 26.
Stock dividend

of

common

50% was paid on Dec. 15.
Bondholders

Management,

Inc.—Extra cash dividend of 62He. per

dividend of

stock dividend of 7H% and a regular semi-annual
share on the class A stock, all payable Dec. 15.

share,

a

62He.

per

Borg-Warner Corp.—Extra dividend
terly dividend of 25c. a share on the

regular quar¬
both payable-

of 35c. a share and a
$5 par common stock,

Dec. 21.

Property Trust—Extra
quarterly dividend

Personal

Boston

addition to the regular

dividend of 4c. per share in.
of 16c. per share on the com¬

23.

stock, both payable Dec.

mon

(E. J.) Brach & Sons—Extra dividend of 40c., a special dividend of 30c.
and a regular quarterly dividend of 30c. per share on the common stock,
all payable Dec. 23.
Brandon
Dec. 30.

Corp.—Dividend of $1 per share on the class A stock, payable
Last previous distribution was the $3 dividend paid on June 30,

1937.

capital stock
17, 1938.
Brewer & Co., Ltd.—Extra dividend of $3.50 per share in addition
the regular monthly dividend of 50 cents per share on the common

Breeze

Corp.,

Inc.—Dividend of 50c. per share on the
This compares with 40c. paid on Dec.

payable Dec. 21.

(C.)
to

stock, payable Dec. 23.

Briggs Mfg. Co.—Dividend of 25c. per share on the common stock,
value, payable Dec. 27..
This compares with 50c. paid on Sept. 30

Inc.—Dividend of 37c. a share on
This compares with 18c. paid on Oct. 1

Broad Street Investing Co.,

stock, payable Jan. 2.

no par

last.

the capital

and July 1

last.

Brown &
mon

Sharpe Mfg. Co.—Special dividend

of $6 per share on the com

stock, payable Dec. 27.

dividend of $2 per share in
regular quarterly dividend of $3 per share on the capital

the

addition to

stock, both

payable Dec. 28.

share in addition tothe common stock,

Building Products, Ltd.—Extra dividend of 10c. per
a regular quarterly dividend of l7Hc.
pei share on
both payable

Jan. 2.

share and a regular quarterly
stock, both payable Dec. 21.

Bulova Watch Co.—Extra dividend of 50c. a

Burlington Mills Corp.—Extra dividend
stock, payable Dec. 28.
Business Systems,

of 25c. per share on the common
'

Ltd.—Dividend of 75c. a share on the common stock
share distributed on June 30,

This compares with 50c. a

last.

Cambridge Investment Corp.—Extra dividend
class A and B stocks, payable Dec. 20.

of 50c. per share on the

Campbell, Wyant & Cannon Foundry Co.—Dividend of 40 cents per
share on the common stock, payable Jan. 26.
Dividend or20 cents was
paid on Nov. 24 last.
Canada Cycle & Motor Co., Ltd.—Special dividend of 25c.
addition to the regular quarterly dividend of 25c. per share
mon

stock, both payable Dec.

per share

dividend of 50 cents per share in
quarterly dividend of 37He. per share on the
Feb. 1.

Canadian Bronze Co.—Extra
to

the regular

in

on the com¬

31.

addition
common

stock, both payable

Canadian Celanese,

Ltd.—Extra dividend of $1.50 a share
the common stock,

and a regul*
both payable

Dec. 30.

Canadian

Dredge & Dock Co., Ltd.—Declaration

common

stockholders payable Jan. 31.

of a $1.50 dividend to-

Dividend of $1 was last paid on

1939.

Canadian Industries,

Ltd.—Dividend of $2.75 per share on the class A
payable Dec. 26. This compares with $1.75

and class B common shares,

paid on Oct. 31 last.
Canfield Oil Co.—Extra dividend

of $3 per share on the common

stock,

payable Dec. 23.

the no par, common
share, payable Dec. 29.

Cannon Mills Co.—Dividend on
50c. a share to $1 a

stock increased from.

share on the common stock,
payable Dec. 28. Previous payment amounted to 5c. per share and was.
paid on April 1, 1938.

the common stock
in some time.
Carborundum Co.—Dividend of $2.75 per share on the common stock
payable Dec. 23. This compares with $1 paid on Sept. 30, last.
Carnation Co.—Extra dividend of $1 per share in addition to a semi¬
Capital Transit Co.—Dividend of 50c. per share on
payable Dec. 20. This will be the first dividend paid

dividend was paid on Dec.
be paid on

share on the common stock.
The extra
19 and the regular s6mi-annual dividend will

Jan. 12.

Carson Hill Gold Mining
commpn

last.

Corp.—Dividend of 1 H cents per share on
Dividend of lc. was paid on Sept.

stock, payable Dec. 30.

the
30»

.

(J. W.) Carter Co.—Extra dividend of 25c. per share in addition to the
regular dividend of 15c. per share on the common stock, both payable
Dec. 20.

-

Jan, 2.

,

Beneficial Industrial Loan Corp.—Dividend on the common stock increased from 45c. a share to 50c. a share, payable Dec. 27.

r




Central Maine Power Co.—Full year's dividends on
classes of preferred

the company's three
the $6 pref. and

stock, viz., $7 on the $7 pref., $6 on

$6 on the 6% pref.
These dividends are all payable Jan. 2 to holders of
record Dec. 11, and clean the slate of all arrears.
The common stock,
received
dividend since 1932.
Eractically all of which is owned by the New England Public Service Co.,
as

not

a

Gold Mines, Ltd.—Directors have declared an extra
dividend of 2c; per share in addition to a quarterly dividend of 4c. per
share on the common stock, both payable Jan. 2.

Central Patricia

Central

Violeta

Sugar Co.—Dividend resumed by declaration

share on the common stock, payable Dec. 29.
One cent
will be withheld for Cuban 4% dividend tax. Previous payment
per

to 50c. per

Century Electric Co.—Dividend of 10c. a share on
payable Dec. 20.
Thip represents the first dividend
1937, when 5c. a share was distriouted.
payable Jan. 15.
July 15, last.

stock

on

share

the common stock,
paid since Dec. 27,

This compares with 18c. paid on

stock, payable Dec. 15.
Sept. 15, and June 16, last.

the common

Oct. 14 and on

of 25c. a share on the
This compares with lCc. a share paid

Chamberlain Metal Weather Strip Co.—Dividend
common

of 25c.

per

amounted

share and was made on Dec. 28, 1937.

Chain Store Investors Trust—Dividend of 20c. per share on

and April 1 last.
Creamery Co.—Special dividend of $1 a share and a regular
quarterly dividend of 25c. a share on the common stock, both payable

Beatrice

v

a

1, last.

Bitn£Ohio Corp.—Extra dividend of 2c. per share in addition to the regular
^quarterly dividend of 22c. per share on the common stock, both payable

r

25c. each

15.

Dec.

payable

stock,

annual dividend of 50 cents per

2.

Axelson

•

^

& Machine Co.—Dividend resumed by declara¬
tion of 15c. per share on the common stock|payable Dec. 30.
Previouspayment amounted 25c. on Dec. 27, 1937.#

Cannon Shoe Co.—Dividend of 10 cents per

dend of 20c. a share was paid on Sept. 30 last.

♦

distributed.

Birdsboro Steel Foundry

Jan. 31,

Art Metal Works, Inc.—Extra dividend of 10c. per

Jan.

were

quarterly dividend of 25c. a share on

$1 per share on the
50c. paid on Oct. 2,
July 1, last, and previously quarterly dividends of 25c.

Arrow-Hart & Hegeman Electric Co.—Dividend of
common stock, payable Dec. 27.
This compares with

Auto

share

payable Jan. 3.

Amoskeag Co.—Extra dividend of $1
payable Jan. 3.

„

value,

par

dividend of like amount on the common

American

'

Inc.—Dividend of 25c. per share on the common stock, no
payable Dec. 28.
Previously quarterly dividends of 10c. per

Bird & Son,

Buffalo Insurance Co.—Extra

American Potash & Chemical Corp.—Dividend on

25c.

the $2 cumulative

ment amounted to

Bliss &

Dec. 28, 1937 and on Dec. 23, 1936.

on

on

Birtman Electric Co.—Special

stock, on Dec. 23.

paid

13

MONTHLY REVIEW

Jan., 1940]

14

MONTHLY REVIEW

Chapman Valve Mfg. Co.—Dividend

of $1 per share
This compares with 50c.
paid on Oct. 2, last.

stock.

Chemical Fund Inc.—Dividend of 13c.
per share

Sayable Jan. 15.
uly 15, last.

This compares with 7c. paid

the

on

Dominguez Oil Fields Co.—Dividend

common

stock, payable Dec. 23.

the

on

Nov. 30 last.

stock,

common

Driver-Harris

on Oct. 14, and on

regular and

an

disbursements

interim dividend of 12Hc.
made on Dec. 27.

on

the

shares.

common

Both

common

were

paid
of $1.75 per share on ac¬

7% cumulative preferred stock, par $25,
Last previous dividend was made on Dec.
18, 1937,

Chicago Rivet & Machine Co.—Dividend
share

a

of 35c. a share on the $4 par,
A regular quarterly dividend of 10c.

stock, payable Dec. 21.
paid on Sept. 15, last.

of $2.25

share

a

the

on

paid on

on

stock,

Oct. 10, last.

Co.—Dividend of 45c. per share was paid on the
of no par value, on Dec. 12.
This compares with 40c.

stock

&

Rubber

Goods

Co., Ltd.—Initial dividend

of

50c.

a

the common stock, payable Dec. 29.

on

Magnesia Talc Co., Inc.—Special dividend of $1 per share in
addition to the regular quarterly dividend of
50c. per share on the com¬
mon stock, par $100,
payable Dec. 20.

stock,

common

was

common

Eastern

was

Chicago Towel Co.—Dividend

the

on

Duke Power Co.—Dividend of $1.75 a share on the
common stock, payable
Dec. 22.
A regular quarterly dividend of 75c. a
shard was paid on Oct. 2
last.

and amounted to $3.06% per snare.

common

share
This compares with 20c. paid
per

Sept. 11, last.

on

share

the common

on

,

Mfg.

Dunlop Tire

count of accumulations on the

payable Dec. 26.

Co.—Dividend of 55c.

payable Dec. 22.
Duff-Norton

share

per

.
.

Chicago Molded Products Corp.—Initial quarterly dividend of 12 He.

Chicago Railway Equipment Co.—Dividend

of 50c.

Regular monthly dividend of 25c.

'

payable Dec. 21.
This compares with #1.50 paid in each of the three
preceding quarters.

Eastern

Steamship Lines, Inc.—Dividend

vertible preferred stock

Clark Controller Co.—Dividend of 50c.
per share on the common stock,
payable Dec. 22.
This compares with 25c. paid on Aug. 12, last and
Dec. 1, 1938.

wipes out all

of

arrears on

no par

of $1

a

share

on

value, payable Dec. 22.

the $2 con¬

This payment

the issue.

Eastern Utilities Associates—Dividend of 25c.
per share on the convert¬
ible stock, payable Dec. 28.
Last previous dividend amounted to 10c.
per share and was paid on Dec. 16, 1937.

Cleveland Cliffs Iron Co.—Dividend of $2
per share on the $5 preferred
stock, payable Dec. 21.
This compares with $1 paid on Oct. 31 and
July 31 last.

Early & Daniel Co.—Extra dividend

Cleveland Graphite Bronze Co.—Year-end dividend
of $1.75 per share
on the common
stock, payable Dec. 28.
This brings total payments for
the year to $2.50 per
share, compared with a total of $1 per share for 1938,

Easy Washing Machine Corp.—Year-end dividend of 25c.

Cleveland Railway Co.—Dividend of $1
payable Dec. 28.

per share

Dividend of 50 cents

a

the common

stock,
Oct. 13, last.

on

paid

was

of 25c. per share in addition to the
regular quarterly dividend of 50c. per share on the common
stock, both
payable Dec. 28.

on

dorp.—Dividend

of 30c. per share
This compares with 10c. paid

the common

on
on

25c.

dividend of $1 per share in addition
regular quarterly dividend of 30c. per share on the common
stock,

to the regular
quarterly
class A and class B
shares, all

share

per

Coleman
tion

Dec. 21, 1936.

on

;

——.—

Lamp & Stove Co.—Extra dividend

to

a

dividend of 25c.

payable Dec. 26.

on

the

—

-

stock,

no

par

Inc.—Company
on

Dec. 22.

capital stock,

dividend of $2 per share

a

the

on

Oct.

$1

2,

stock,

the regular quarterly dividend
no par

of 25c.

share

per

the

on

value, both payable Jan. 2.

Corp.—Dividend

stock, payable Dec. 22.
preceding quarters.

of

$1.25

Dividends of 25c.

share

a

were

Insurance

Shares

the

on

of

per

\

Davenport Hosiery Mills, Inc.—Dividend of 75c.
per share on the com¬
mon stock,
no par value, payable Dec.
27.
This compares with 25c.
paid on Oct. 2 last.
*

Dec.

Stores,

Inc.—Dividend

from 10c. a share to 20c.

a

on

the

$1 par common
share, payable Jan. 2.

Fund, Inc.-^-Extra dividend

payable

Dec.

20.

stock

a

the

on

Foundry Co.—Extra dividend

to the regular semi-annual
dividend
stock, both payable Dec. 20.

of

of 2c.

8c.
per

per

1938,^hen 25c.

share

&
on

Almy

on

General

Chemical

on

of $1.50 a share

the

common

on

stock,

Dec. 22.

on

the common stock increased from
25c.
of 50c. per share

on

the

common

stock, payable Dec. 15.
This will be the first dividend
paid since Dec.
15, 1937, when a regular quarterly dividend of 25c.
pe? share was dis¬

share on

Corp.—Dividend

of 50c. per share on the common
This compares with 22c. paid on Oct. 10 last.

Investors'
of

beneficial

paid

on

This compares with 30c. paid on Oct. 2, last.

Trust—Dividend of 8c. per share
interest, par $1, payable Dec. 28.

Oct. 2, last.

General
from

on
company's
This compares

-

Printing Ink Corp.—Dividend

10c.

a

share to 50c.

on the common stock increased
share, payable Dec. 27.

a

General Time Instruments

Corp.—Dividend of 80c.
A distribution of 20c.

stock, payable Dec. 27.

a

share

was

on

made

the
on

com¬

Oct.j2

last.

General Water Gas

& Electric Co.—Extra dividend of 40c. a. share on
the common stock, along with a
regular dividend of 10c. a share, both
payable Dec. 22, 1939.

Giddings & Lewis Machine Tool Co.—Dividend

of 75c.

a

share, payable

Dec. 21, 1939.
This makes a total dividend of $1.50 per share this
year,
compared with $1 per share in the year 1938.

a

share, payable Dec. 26.

Dolphin Paint & Varnish Co.—Dividend

Capital

per

share in addition to
the $2.50 non-cumula¬

per

General Machinery Corp.—Dividend of 45c. per share on the common
stock, payable Jan. 2.
This compares with 25c. paid on Oct. 2 last.
General Mills, Inc.—Initial dividend of $1.50 a share on the new series
5% cumulative preferred stock, payable Jan. 1.

Home

Dixie Vortex Co.—Dividend

stock, payable
1938.

Investors Co., Inc.—Dividend of 25c.
stock, payable Dec. 22.

Candy Corp.—Extra dividend of 25c.

with 6c.

the common

Stores—Extra dividend of 15c. per share in
addition to a
quarterly dividend of like amount on the common
stock, both payable

the

$5 a

Co.—Dividend of 12 cents per share payable Dec. 27,
12Hc. per share payable Jan. 29. Last previous
24Hc. dividend paid in March, 1937.

stock, payable Dec. 23.

mon

share

on

payable

1937 amounted to

Extinguisher Co.—Dividend on the no par, common stock
increased
fr^bi 10c. a share to 30c. a share, payable Dec. 11.
General Fireproofing Co.—Dividend of 50c.
per share on the common

in

dividends of 25c. per
Dec. 23.
With this pay¬
on these stocks
during

per




15,

the

stock, payaole Dec. 30.

the

stock, payable Dec. 23.
This will be the first dividend
paid since April 1,
1938, when 25c. per share was distributed.

tributed.

Dec.

General Fire

paid

will have distributed $1 per share
the year 1939 as against 30 cents in
1938:
Diamond T Motor Car Co.—Dividend of 40c.

a

on

the regular quarterly dividend of 25c.
per share on
tive class A stock, both payable Dec. 22.

per share was distributed.

Co.—Company

the common and common B shares

share to 50c.

payment

American

General

of 25c. per share on the
com¬
These will be the first dividends
paid

ment company

Dixie

Smelting Co.—Initial dividend

stock resulting from the recent five-for-one
split up.

was

common

General

shares
on

regular

Packing Co.—Dividend of $1 per share on the common stock,
payable Dec. 23.
Dividends of 50 cents were paid on Sept. 30, June 30
and April 28, last.

common

share

a

Garlock

Co.—Special dividend

A and B shares payable Jan. 2.
since Oct. 1,

mon

Dewey

share and

Gardner-Denver Co.—Extra dividend of 25c.
per share in addition to the
regular quarterly dividend of like amount on the common stock.
The
extra dividend was paid on Dec.
23, and the regular quarterly distribution
will be made on Jan. 20, next.

General

payable Dec. 22.
& Raynolds

a

Fundamental Investors, Inc.—Dividend of 25 cents
per share on the
J capital stock, payable Dec. 22.
Dividends of 15c. were paid on Oct. 2
and on July i, last.

increased

share

share in addi¬

Froedtert Grain & Malting Co.—Dividend of 20c.
per share on the com.
stock, payable Feb. 1. This compares with 15c. paid on Nov. 1, last.
Fuller Mfg. Co.—Year-end dividend of 20 cents
per share payable Dec. 28.
Last previous payment was the 5c. dividend distributed on Dec.
23, 1937.

share and

Detrola Corp.—Initial dividend of 25c.
per share
Devoe

of 25c.

per share on the common
This compares with 60 cents
paid on Dec. 20,

distribution

a regular quarterly
stock, both payable Dec. 20.

common

per

and another dividend of

-

Delta Electric Co.—Extra dividend of
30c.
dividend of 15c. a share on the common

addition

Co.—Special dividend

The previous
the old stocK.

& Kleiser

Foster

of $1 a share and a
quarterly
dividend of $1.50 a share on the common
stock, both payable Jan. 2.
A
regular distribution of $1.25 a share was
paid in preceding quarters.

Gray Iron

dividend of 25c. a share on the
This compares with 20c. a share paid on

Formica Insulation Co.—Dividend on the common stock increased from
20c. a share to 40c. a share, payable Dec. 22.

the

of 20c. per share

per

This compares with 15c.

Florence Stove Co.—Dividend of $1.50
per share on the common stock,
payable Dec. 28.
Dividends of 50 cents were paid in each of the three
preceding quarters.

-D© Long Hook & Eye Co.—Special dividend

Detroit

on

Dec. 20.

dividend of 25c per share in addi¬
tion to the regular
quarterly dividend of like amount on the common
stock, par $10, both payable Dec. 28.

stock,

by declaration of 60c. per
value, payable Dec. 20. Dividend of

•

Rubber

20.

share

Deisel-Wemmer-Gilbert Corp.—Extra

elaware

stock, no par
Dec. 20, 1937.

stock, payaole Jan. 2.

new common

45c.

of $1 per share in addition
share on the common stock t

paid

were

Co.—Dividend resumed

on

Federal Mining &

common

dividend

share

Creamery Co. (Del.)—Year-end

Faultless

Co—Extra dividend

regular quarterly dividend of 50c.
payable Dec. 15.

Dejay

a

quarterly of like amount on the common stock, both payaole Jan. 1.
Fedders Mfg. Co., Inc.—Dividend on the $5 par, common stock increased
from 10c. a share to 20c. a share,
payable Dec. 20.
Federal Light & Traction Co.'—Dividend of $1
per share on the common
stock, payable Dec. 23.
Last previous payment was the 25c. dividend
distributed on Dec. 28, 1938.

paid in each of the three

Corp.—-Special

to the

both

the $15 par,

common

tion to the regular quarterly dividend of 37 He.
per share on the common
stock, both payade in United States funds on Dec. 20.

per share on the class A and B common
stock, payable Dec. 22.
A
regular quarterly dividend of 30c. per share was
paid on Nov. 30, last.
Crystal Tissue Co.—Extra dividend of 37He.
per share in addition to a
regular quarterly dividend of 12Hc. per share on
the common stock,
both payable Dec. 28.

Daniels & Fisher Stores

25c.

Fanny Farmer Candy Shops—Extra dividend of 25c.

of 50c. per share on the common

$10, payable Dec. 22.

Forster

the

on

share

a

of

Flintkote Co.—Dividend of $1

Forster, Inc.—Special dividend
par

&

Dividends

common

Oct. 2, last.

Crown Zellerbach
Corp.—Interim dividend of 25c. a share on the $5
par
common
stock, payaole Jan. 2,
1940.
Previously regular quarterly
dividends of 12He. a share were
distributed.

stock,

the

last paid

common

per share in
addition to a special year-end dividend of
40c. per share on the
capital
stock, both payable Jan. 10.
Year-end dividends of 20c. were
paid on
Jan. 10, 1939, Jan. 10, 1938, and Jan.
11, 1937.

Crum

on

was

Fairmont

of 25c. per share

par, both payable Dec. 30.'

Crum &

23.

on the common stock,
payable Dec. 30.
paid in each of the three preceding quarters.

Continental Insurance Co.—Semi-annual dividend of
80c.

Steel

on

Equitable Investment Corp', of Mass. (Boston)—Dividend of 45c.

Consolidated Chemical Industries—Dividend of
75c. per share on the
no par cumulative
participating class A stock, payable Dec. 28
Divi¬
dends at half this amount were
paid on Nov. 1 and Aug: 1, last.
Consolidated Mining &
Smelting Co.—Extra dividend of $1 a snare and
a regular semi-annual
dividend of 50c. a share on the
capital stock, $5

Continental

Dec.

share

Consolidated Bakeries of Canada, Ltd.—Extra dividend
common

payable

Empire Telephone

Consolidated

to

share

per

of $1.25

in the three preceding quarters.

Amusements, Inc.—Stock dividend of one share of $20
L par 6% preferred stock for each .30 shares of common
stock on Dec. 11.
addition

|\.cpiffriitap stock increased

the $5 par,

stock, payable Dec. 28.

share

paid

This compares with $1.25 paid on

last.

in

on

Elgin National Watch Co.—Dividend

dividend of 20 cents in addition to
the regular quarterly dividend of
10 cents per share on the common
stock,
par value both payable Dec. 27.

stock

share on the common stock,
the 20c. dividend disbursed

Electrographic Corp.—Extra dividend of 75c.

value, both

no

common

was

"

Collyer Insulated Wire Co.—Extra

Columbia Mills,

per

Previous payment

1938.

Electric Auto-Lite Co.—Dividend
from 75c. a share to $1 a share.

,

of $1.50 p$r share in addi¬

common

28.

Corp.—Dividend of 8c. per share on the common stock,
payable Dec. 28.
This is the first cash payment since
Dec., 1936, when
5c.. per share was paid.

Coca-Cola Bottling Co. of N. Y.—Dividend of
50 cents per share on the
com. stock, payaole Dec. 27.'
Last previous distribution also amounted
to 50c. and was made

distributed.

was

Eisler Electric

the

on

Dec.

March 31,

on

of $1.25 per share in

dividend of 62He.
payable Dec. 30.

the

distributed.

were

payable

Bottling Corp. (Del.)—Extra dividend

share

per

be

Eddy Paper Corp.—--Dividend of 25c.

both payable Dec. 22.

Coca Cola
addition

25c.

per share and
share on the class A and B stocks, payable
first dividends paid since Sept. 30, 1937

per

will

Economy Grocery Stores Corp.—Dividend of 30c. per share on the com¬
mon stock, payable Dec. 27.
Previously regular quarterly dividends of

stock, payable
April 15, last.

Climax-Molybdenum Co.—Year-end
to a

12Hc.

These

Eaton Mfg. Co.—Year-end dividend of 50c. a share on the common
stock,
payable Dec. 19.
A regular quarterly dividend of like amount was
paid on Nov. 25. last.

years.

Dec. 21.

of

29.

when

Cleveland Worsted Mills Co.—Dividend of
$1 per share on the common
stock, payable Dec. 31.
This will be the first dividend
paid in several
Cliffs

dividend

Dec.

Gilchrist Co.—Dividend of 25c. per share on the common
stock, payable
Dec. 20.
This compares with 15c. paid on
July 25, 1938.
Globe Hoist Co.—Dividend of 25c.
per share on the common stock, no
par value, payable Dec. 15.
This compares with 15c. paid on Sept. 15
.

last.

\

Globe Steel Tubes Co.—Company paid a year-end dividend of
share on its common stock, on Dec. 21.
Dividend of 50c. was
Dec. 27. 1937.

75c.

per

par

Co.—Dividend of $1.10 per share on the common stock,
$50, payable Dec. 21.
Dividend of 40c. was paid on Sept. 29 last.
the

stock, par $25, and a dividend of $2'per share on the founders' shares,
par $100, both payable Dec. 22.
Dividends at half these amount were
paid on the respective issues on Sept. 28, last.

Varnish Corp.—Dividend of 15c. per share on the common
This compares with 10c. paid on Oct. 2 and

(Mead) Johnson & Co.—Extra dividend of $1.75 per share in addition
to the regular quarterly dividend of 75c. per share on the common stock,

common

Grand Rapids
•

stock, payable Jan. 31.

stock, payable Dec. 20.

'

June 30 last.

Great Lakes Engineering Works—Extra dividend
the

common

no

of 20c. per share on

Brothers Cooperage Corp.—Dividend of $2.80 per share on the
cum. class A common stock, no par value, payable Dec. 28.
This

paid

on

stock, payable Jan. 3.
a

share and

was

paid

on Jan.

2, 1937.

Hale Bros. Stores.

Inc.—Special dividend of 50c. per share on the com¬
stock, payable Dec. 20.
Regular quarterly dividend of 25c. was

mon

paid

Dec. 1 last.

on

Halle Bros. Co.—Dividend of 50c. per share on the common
Dec. 20.
This compares with 20c. paid on April 29 last.
the first dividend paid since April 30,

stock, payable
This latter was

1938r

Hamilton Mfg. Co.—Dividend of $1 per share on the class A prior pref.
stock, par $10', payable Dec. 20.
Last previous payment was the 25c.
distribution made on Dec. 15, 1937.

Corp.—Dividend of 20c. per share on the common
stock, payable Dec. 22.
This will be the first dividend paid since 1937.
Hartford Fire Insurance Co.—Extra dividend of 50c. per share in addi¬
tion to the regular quarterly dividend of 50c. per share on the common

Nov.

paid

was

on

Dec. 15.

Dec. 26.

.

Kimberly-Clark Corp.—Extra dividend of 25c. per share on the common
stock, payable Dec. 27.
Regular quarterly dividend of 25c. which was
previously declared will be paid on Jan. 2.
King Oil Co.—Extra dividend of 10c. per share on the common stock,
payable Dec. 21.
Regular quarterly dividend of 10 cents was paid on
Nov.

distributed.

was

Hercules Powder Co., Inc.—Year-end dividend of
common

stock, payable Dec. 22.

of the three

$1.65

per

share on the

This compares with 40c. paid in each

preceding quarters.

Gas

was

paid

Honomu

Ltd.—Year-end dividend of 50c. per share on the
20.
Regular quarterly dividend of 45c.

Co.,

stock, payable Dec.
on Oct. 20, last.

common

Creamery Co.—Dividend of 75c. per share on account of
on the $1.50 class A cum. and partic. shares, no par value,
payable Dec. 11.
This compares with 37Hc. paid on Nov. 25, Aug. 25,
May 25 and Feb. 25, last.
accumulations

$20, payable Dec. 27.
preceding quarters.

a

Hoover Ball

stock, par
and

on

share in
Dec. 20.

&

Bearing Co.—Dividend of $1 per share on the common
$10, payable Dec. 22.
This compares with 30c. paid on Oct. 1

July 1, last.

dividend

paid

was

bution will be made

on

on

share in addition to the
the common stock.
The
Dec. 28, and the regular quarterly distri¬
per

on

preceding

quarters.

Hotels Statlers Co., Inc.—Dividend of $1.75 per share on the 7% cumu¬
lative preferred stock, par $100, and a dividend of 37Hc. per share on
the

6% cumulative preferred stock, par $25, both payable Dec. 18,
thus clearing up all accumulations on these issues.
Regular quarterly
dividends of like amounts were also declared payable Jan. 8.
In addition, dividend of $1 per share was declared on the common
stock, payable Dec. 18.
This was the first common dividend paid in
time.

some

Houdaille-Hershey Corp.—Dividend of 50 cents

share on the class B
stock, no par value, payable Dec. 21.
This compares with 25c. paid
on June 26 last, this latter being the first dividend paid on the B shares
since Dec. 15, 1937, when a regular quarterly distribution of 37Hc. per
share

was

per

made.

Huttig Sash

& Door Co.—Dividend of 50c. per share on the common
stock, payable Dec. 20.
Dividend of 25c-. was paid on Sept. 30, last.

Hygrade Sylvania Corp.—Dividend of 87 He.
stock, payable Dec. 20.
Ideal

Cement

per share on the common
This compares with 37He. paid in October, 1939.

Co.—Special dividend of 50c. per share on the common
Previously regular quarterly dividends

stock, par $10, payable Dec. 20.
of 35c. per share were paid.

on

the common stock, par $50,

per

payable Dee. 22.

Illuminating Shares Co.—Year-end dividend of $1
A

payable

stock,

Dec.

27.

per share on the class
Previously regular quarterly dividends of
An extra dividend of 25c. was paid on

50c. per share were distributed.
Dec. 28, 1938.

Income

Foundation

Fund, Inc.—Extra dividend of He.

per

share in

addition to the regular quarterly dividend of 1 He. on the common stock,
both payable Dec. 20.

Independent
common

25c.

per

Pneumatic

Tool

Co.—Dividend of $1

payable Dec. 28.
share were distributed.
stock,

Previously,

per share on the
quarterly dividends of

Insurance Co. of North America—Extra dividend of 50c. per share in
addition to a regular semi-annual dividend of $1 per share on the capital
stock, both payable Jan. 15.
Interbanc

Investors, Inc.—Dividend of 20c. per share on the common
22.
Dividend of 10c. was paid on Dec. 23, 1938.

stock, payable Dec.

Inter-Island
on

the

Steam

Navigation Co., Ltd.—Dividend of 40c. per share
par $18, payable Dec. 20.
This compares with

capital stock,

25c. paid on Sept, 29, and June 29, last.

Interlake Steamship Co.—Dividend of $1.90 per share on the common
stock, payable Dec. 23.
Dividend of $1 was paid on Oct. 1, last.

International Mining Corp.—Dividend of 15c. per share on the common
stock, payable Dec. 22.
Regular quarterly dividend of 10c. was paid on
Sept. 20, last.
Intercontinental
mon

Rubber Co.—Dividend of 20c. per share

on the com¬
stock, payable Dec. 27.
Last previous payment was the 25c. divi¬
on March 31, 1928.

dend distributed

Investors Fund C, Inc.—Extra dividend of 5c. per share in addition to a
dividend of 15c. per share on the common stock, both payable Dec. 22.

Regular quarterly dividend of 10c. was paid

on

Oct. 14, last.

Investors Telephone Co.—Company paid a dividend of 50 cents per share
on
the common stock, no par value, on Dec. 22.
Dividends of 25c.
were

paid

on

Dec. 22, 1938 and on Aug. 1, 1938.

Irving Air Chute Co.—Extra dividend of 15c. and a regular quarterly
dividend of 25c. !per share on the common stock, both payable Dec. 28.
IXL

share on the
paid on Dec. 22,

Leath & Co.—Dividend resumed by. declaration of 40c. per

stock, payable

common

Dec. 28.

Dividend of 50c.

was

Lehigh Portland Cement Co.—Special dividend of 25c. per share on the
common stock, payable Dec. 30.
Regular quarterly dividends of 37He.
per share were paid on Nov. 1 and on Aug. 1, last.
Lehigh & Wilkes-Barre Corp.—Dividend of $1 per share on the common
stock, no par value, payable Dec. 30.
Last previous dividend amounted
to $1 per share and was paid on Jan. 21, 1939.

Virginia—Extra dividend of $1 per share on the
regular quarterly dividend of 75c. per
■'> !
Lima Cord Sole & Heel Co.—Dividend of 25c. per share on the common
stock, payable Dec. 28.
Last previous payment was the 12He. dividend
Insurance Co.

of

stock in addition to the

common

share, both payable Dec. 22.

on

Aug. 20, 1937.

Lincoln Telephone & Telegraph Co. (Del.)—Initial quarterly
of $1.25 per share on the 5% preferred stock, payable Jan. 10.

Corp.—Dividend of 25c.

Carbonic

per

dividend

share on the common

stock, payable Jan. 2.
Previously regular quarterly
per share were distributed.

dividends of 20c.

Liquidometer Corp.—Initial dividend of 25c. per share on the common
stock, payable Dec. 22.

Mining Co. of Manila—Quarterly dividend of 20c. per block share

the 750,000 block shares listed on the San Francisco Stock Exchange,
payable Jan. 15.
In addition; an-extra dividend of 10c. per block share
was declared, payable Dec. 22.
With these dividends, the company will
have paid a total of $675,000, equivalent to 90c. per block share during
1939, as against 80c. in 1938.
on




Mfg. Co., Ltd.—Dividend of $1 per share on the common
payable Dec. 20.
This compares with 50c. paid on Jan. 3, 1939.

Lockheed

Aircraft Corp.—Initial cash
stock, payable Dec. 23.

common

stock,

dividend of $1 per share on the

Loomis-Sayles Mytual Fund, Inc.-—Special dividend of $1.30 per share
in addition to a regular dividend of 50c. per share on the common stock,
both payable Dec. 20.

Loomis-Sayles Second Fund, Inc.—Special dividend of 20c. in addition
to a regular dividend of 20c. per share onf the common stock, par $10,
both Dec, 20.

(P.) Lorillard Co.—Final dividend of 50 cents per share on the common
stock, no par value, payable Dec. 23.
Regular quarterly dividend of
30c.

paid on Oct. 2, last.

was

Lunkenheimer

Co.—Extra

dividend

of 25c.

in

addition to

the regular

quarterly dividend of 25c. per share on the common stock, no par
both payable Dec. 28.

value,

Lux Clock

stock,

Mfg. Co.—Year-end dividend of 25c. per share on the common
payable Dec. 22.
Regular quarterly dividend of 15c. was paid

Oct.

on

1, last.

Lyon Metal Products, Inc.—Company paid a dividend of 50c. per share
on its common stock on Dec.
20.
This was the first dividend paid on
the common shares since February, 1938.
Company recently cleared
up all preferred accruals.
Mac Andrews & Forbes Co.—Extra dividend of 40c. per

share in addition

regular quarterly dividend of 50c. per share on the common
$10, both payable Jan. 15.

to the
par

Mack

Illuminating & Power Securities Corp.—Extra dividend of $1.80
share

the com¬
This will be the first payment made since

Dec. 15, 1937, when a similar amount was paid.

Jan. 26.

Hoskins Mfg. Co.—Dividend of 40 cents per share On the common stock,
par $2.50, payable Dec. 22.
This compares with 20c. paid in each of the
three

stock, payable Dec.. 15.

mon

Lisk

Horders, Inc.—Extra dividend of 25 cents
regular quarterly dividend of like amount
extra

This®compares with 15c. paid in

Lawrence Portland Cement Co.—Dividend of $1 per share on

Liquid

an extra dividend of 20c. per
dividend of 15c. per share on the common stock, on

Drugs, Inc.—Company paid

addition to

stock, par
each of the four

Laclede Steel Co.—Dividend of 55c. per share on the common

distributed

Sugar Co., Ltd.—Dividend of 20c. per share on the common
payment was the 10c. dividend

stock, payable Dec. 15.
Last previous
distributed on March 10, 1938.
Hook

distributed.

were

Knudsen

Life

Htbbard, Spencer, Bartlett & Co.—Special year-end dividend of $1.20
per share on the common stock, par $25, payable Dec. 29.
Honolulu

1, last.

Knott Corp.—Dividend of 15c. per share on the common stock, payable
Dec. 22.
Previously regular quarterly dividends of 10c. per share

1937.

Hercules Motors Corp.—Dividend of 50c. per share on the common stock,
payable Dec. 18.
This will be the first dividend paid on the common
shares since Dec. 24, 1937 when a regular quarterly dividend of 25c. per
share

the class A and class B common
Dividend of 12 He. was last paid on Jan. 3,1938.

Dec. 30.

(I. B.) Kleinert R'ubber Co.—Dividend of 50c. per share on the common
stock, payable Dec. 21.
This compares with 30c. paid on Sept. 30, last.

»

(Walter E.) Heller & Co.—Extra dividend of 30c. per share in addition
to the regular quarterly dividend of 10c. per share on the common stock,
both payable

last.

10,

(D. Emil) Klein Co.—Special dividend of 10c. per share on the common
stock, payable Dec. 29.

stock, both payable Jan. 2.
Hein-Werner Motor Parts Corp.—Extra dividend of 30c. per share on
thd common stock, payable Dec. 22.
Regular quarterly dividend of 15c.

stock, payable
the common shares since

Kirsch Co.—Dividend of 25c. per share on

Harrisburg Steel

previously declared

1937 when 25c. was

shares payable

Publishing Corp.—Dividend of $5 per share on the capital
The last previous distribution amounted to $10

Guenther

Oct. 6,

on

(G. R.) Kinney Co., Inc.—Dividend of $1.50 per share oh the $5 prior
preferred stock, payable Dec. 27.
This CQmpares with $1 paid on

Oct. 2, July 1 and April 1 last.

Grumman Aircraft Engineering Corp.—Year-end dividend of 55c. per
share on the common stock, payable Dec. 27.
This compares with
25c. paid on Sept. 28 and June 7 last.

__

paid
also disbursed.

This will be the first dividend

Dec. 27.

$3.20

compares with 80c.

value, both payable Dec. 28.

par

Kendall Co.—Dividends of 25c. per share on the common

stock, paf $10, payable Dec. 22.

Great Lakes Steamship Co.—Extra dividend of $1.50 per share in addi¬
tion to the regular quarterly dividend of 50c. on the common stock, no
par value, both payable Dec. 29.
Greif

This compares with 25c. paid on Sept. 30, June 30,

payable Dec. 28.
and Jan. 2, last.

Jenkins Brothers—Dividend of 50c. per share on the non-voting common

$2.50 per

dividend of

Goodyear Tire & Rubber Co., Canada—Extra
on

Jefferson Electric Co.—Dividend of 75c. per share on the common stock,

paid on

Goodman Mfg.

share

15

MONTHLY REVIEW

Jan., 1940]

stock,

Inc.—Year-end dividend of 50 cents per share on the
common stock payable Dec. 28.
This will be the first distribution made
since March 31, 1938 when a regular quarterly dividend of 25c. per share
was

Trucks,

paid.

Magor Car Corp.—Extra dividend of 50c. per share in addition to the
regular quarterly dividend of 25c. per share on the common stock, both
payable Dec. 27.

(R. C.) Mahon Co.—Dividend of 30c. per share on the common stock,
payable Dec. 15.
This compares with 15c. paid in each of the three
preceding quarters.

Mahoning Coal RR.—Dividend of $15 per share on the common stock,
par $50, payable Dec. 29. Dividend of $7.50 was paid on Oct. 2, last.
McCall Corp.—Dividend of 35c. per share on the common stock, payable
Feb. 1.
Previously regular quarterly dividends of 25c. per share were
distributed.

McKay Machine
the

regular

Co.—Extra

dividend of

25c. per share in addition to
on the common stock,

quarterly dividend of like amount

both payable Dec. 23.

■

Manning Maxwell & Moore, Inc.—Extra dividend of 12Hc. per share in
addition to the regular quarterly dividend of like amount on the common
4
stock, both payable Dec. 28.
Maritime
"cents
per

Telephone & Telegraph Co., Ltd.—Extra dividend of 10
share in addition to the regular quarterly dividend of llJHc.
on the common stock, par $10, both payable Jan. 15.

per

share

Marlin-Rockwell

Corp.—Dividend of $2.50 per share on the common
stock, payable Dec. 20.
Regular dividehd of 50c. per share was paid on
Oct. 2, last, and each three months previously.

Marshall Field & Co—First

common

stock dividend since Dec.

1,

1931,

of $9 arrearages on company's 6% cumulative
The dividend on the common stock will be paid on
Dec. 26 and the $9 a share on the 6% preferred stock on Dec. 26, clearing
up accumulations on that issue.
in addition to a payment

preferred stock.

(Glenn L.) Martin Co.—An initial dividend of $1 per share on the com¬
mon stock, payable Dec. 21.
Master
was

Electric Co.—A 50%

paid

on

stock dividend declared on Nov.
Dec. 13 to holders of record Nov. 24.

17, last,

Meyer-Blanke Co.—Dividend of 75c. per share on the common stock,
payable Dec. 22, This compares with 30c. paid on Sept. 12, June 14 and
on

March 14, last.

McCrory Stores Corp.—Year-end dividend of $1 per share in addition to.
a
quarterly dividend of 25c. per share on the common stock, par $1.
The year-end dividend was paid on Dec. 22 and the quarterly payment
will be made on March 30, 1940.

16

MONTHLY REVIEW

McGraw Electric Co.—Extra dividend of 75c. per share on the common
stock, payable Dec. 27. Regular quarterly dividend of 25c. was paid on
Nov. l.last.,

(Arthur G.) McKee & Co.—Extra dividend of 50c. per share in,addition
to a regular quarterly dividend of 25c. per share on the class B stock,
both payable Jan. 2.
Melville Shoe Corp.—Final dividend of 75c. per share on the common
stock, no par value, payable Dec. 27.
This compares with $1 paid on
Nov. 1, last, and 75c. a share, in the three preceding quarters.

Northern Illinois Finance Corp.—Extra dividend of 30c. per share on
the common stock, no par value, payable Dec. 22.
North & Judd Mfg. Co.—Extra dividend of 40c. per share on the common
stock, payable Jan. 2.
Noxema Chemical Co.—Dividend of 30c. per share on the common stock,

payable Dec. 30.
This compares with a dividend of 15c. paid on Dec. 29',
and on July 1, 1938.
Oahu Sugar

stock,

Co., Ltd.—Extra dividend of 20c.

per share on the common
Regular monthly dividend of 5c. was paid on Dec. 15.

Dec. 11.

on

Micromatic Hone Co.—Dividend of 15c. per share on the common stock,
payable Dec., 15.
This will be the first payment made since June 15,
1938 when 5c. per share was distributed.

Ohio

Middlesex Products Co.—Extra dividend of 50c. per share in addition
to the regular quarterly dividend of 25c. per share on the common stock,

Ohio Wax Paper Co.—Extra dividend of 75c. per share in addition to the
regular quarterly dividend of 25c. per share on the common stock, both

par

$20, both payable Dec. 26.

Leather

Co.—Dividend of 40c.

per share on the common stock,
Dividend of 35c. was paid on Oct. 2, last.

payable Dec. 28.

payable Dec. 22.

'

Statesl Petroleum Corp.—Initial dividend of 10c. per,share on
the new class B stock, par $1, and an initial dividend of 63c. per share on
the new class A stock, par $1, both payable Jan. 15.

Okonite Co.—Company paid a dividend of 50c. per share on its common
stock; on Dec. 15.
This was the first dividend paid since a regular
quarterly dividend of 50c. was distributed on May 1, last.

Steel Products Corp.—Dividend of $3.50 per share on the
stock, payable Dec. 28. This compares with 50c. paid on.Oct. 1,
July 1 and April 1, last.

Old Colony Insurance Co.—Special dividend of $15 per share on the com¬
mon stock, payable Dec. 23. and a regular quarterly dividend of $5 per
share payable Jan. 2.

Middle

Midland

common

Midwest Piping &. Supply Co.—Extra dividend of 15c. per share on the
common stock, payable Dec. 22.
Regular quarterly dividend of 15c.
\was paid on Oct. 14, last.
Minnesota Mining & Mfg. Co.—Dividend of 75c. per share on the com¬
mon stock, no par
value, payable Dec. 22.
This compares with 65c.

paid

Sept. 30, last.

on

Minnesota Power & Light Co.—Dividends of $3.35 per share on the 7%
cumul. pref. stock, par $100; $2.88 per share on 6% cumul. pref. stock,
par $100 and $2.8$ per share on the no par $6 cumul. pref. stock, all on
account of accumulations and all

o.ut all accumulations

Mission

Oil

on

the

Co.—Year-end

These payments wipe

payable Jan. 2.
respective issues.

dividend

of

$2 per share on the common
Dividends of 75c. waa,paid qnjJuty"l,Tast, and

stock, payable Jan. 8.
one of $1.65 was paid on Jan. 10, 1939.
*
Missouri Portland Cement Co.—Dividend ©LTWljper share on the com¬
mon stock, payable Dec. 20.
This compares with 50c. paid on June 30,
last.

Oneida, Ltd.—Extra dividend of 50c.

Montgomery Ward & Co.—Extra dividend of $1

per

the

regular quarterly dividend of 25c. per share
both payable Jan. 15.

on

share in addition to
the common stock,

Moore Corp., Ltd.—Extra dividend of 60c*.in addition to the regular quar¬
terly dividend df 40c. per share on the common stock, both payable in
United States funds on Jan. 2, next.
Morris town Securities Corp.—Dividend of 20c. per share on the common
stock, no par value, payable Jan. 1.
This compares with 10c. paid in
each of the three

preceding

quarters.

Mofc-se Twist Drill & Machine Co.—Special dividend of $5 per share on
the common stock, payable Dec. 15.
Dividends of $1.50 were paid on
Nov. 15 and on Aug. 15, last.
Mountain City Copper Co.—Dividend of 15c. per share on the common
stock, payable Dec. 22.
This will be the first dividend paid since Decem¬

ber, 1937, when 25c. per share

was

distributed.

Murray Ohio Mfg. Co.—Dividend of 50c.
payable Dec. 20.

per share on the common stock,
This compares with 25c. paid on Oct. 2 and July 1,

last.

stock, payable Dec.
Pacific

Mutual

Telephone Co.

(Hawaii)—Dividend of 30c.

stock, payable Dec. 11.
15, June 15 and March 15, last.

common

A dividend of 20c.

share

per
was

on

National

Investors

Corp.—Dividend of 14c.

share will be paid on
This payment compares with 5c. paid on Julv 20. last.

Dec. 23.

per

National Malleable & Steel Castings Co.—Dividend of $1 per share on
the common stock, payable Dec. 21.
This compares with a regular
quarterly dividend of 50c. last paid on Dec. 22, 1937.
National Oil Products Co.—Year-end dividend of $1 per share on the
common stock, payable Dec. 18.
This compares with 25c. paid oprSept.
29, June 30 and on March 31, last.
National

Rubber

Machinery Co.—Dividend of 30c. per share on the
stock, payable Dec. 18.
This will be the first payment made
on the issue since Dec. 28, 1936, when 20c. per share was distributed.
National Steel Corp.—Dividend of 50c. per share on the common stock,
common

$25, payable Dec. 21.
preceding quarters.
par

Pacific Telephone & Telegraph
common stock, payable Dec. 21.
of the three preceding quarters.

quarterly dividend of 10c. per share
Jan. 2.

on

the

common

stock, both payable

New

payable Dec. 27.

of 17c. per share on the common stock,
This compares.with 8c. paid on Nov. 1 and on Aug. 1 '

last.
•
New Hampshire Fire Insurance Co .—Special dividend of 2Cc. in addi¬
tion to a regular dividend of 40c. per share on the capital stock, par $10,
both payable Jan. "2.
./
.

.

New Idea, Inc.—Special year-end dividend of 65c. per share in addition
to a dividend of 15c. per share on the common stock, both payable
Dec. 21.

New Mexico Eastern Gas Co.—Dividend of 15c. a share on the common
Stock, payable Dec. 15.
This compares with 10c. paid on June 15, last.
New Process Co.—Dividend of $2 per share on the common stock, payable
Dec. 27.
This compares with 50c. paid on Nov. 1, Aug. 1 and May 1 last.
New York Hanseatic Corp.—Extra dividend of $1 per share on the capital
stock, par $50, payable Jan. 3.

New York & Honduras Rosario Mining Co.—Final'dividend of $1.25
per share on the capital stock, par $10, payable Dec. 29.
This compares
with $1 paid on Sept. 30, June 30 and on March 25 last.
New York Trap Rock

stock,

Corp.—Dividend of 25c.

per

share

on

the common

payable Dec.

common

11.
This will be "the first dividend paid on the
shares since 1936, when 25c. per share was distributed.

Niagara Fire Insurance Co., N. Y.—Dividend of $1.50 per share on the
common stock, payable Dec. 29.
Previously, regular quarterly dividends
of $1 were distributed.

'

Nicholson File Co.—Extra dividend of 80c. per share in addition to the
regular quarterly dividend of 30c. per share was paid on the common
stock, on Dec. 21.
Nineteen

Hundred Corp.—Dividend of 25c. per share on the class B
shares, payable Dec. 28.
Regular quarterly dividend of 12)^e. per share
was paid on Nov. 15 last.

Noblitt-Sparks Industries—Extra dividend of 90c.
to

a

quarterly dividend of 60c.

on

the

common

share in addition
stock, both payable

per

Dec. 28.

Noma Electric

Corp.—Dividend of 30c.

per share on the common stock
This compares with 25c. paid on Dec. 20, 1938.

North American Rayon

Corp.—Dividend of $2 per share on the class A
shares, payable Dec. 20.
This compares with 50c.
Aug. 11, last.

and class B common
on

declared

Package Machinery Co.—Special dividend of 25c. per share on M®1
common stock, payable Dec.
20.
Regular quarterly dividend of 50c.
was paid on Dec. 1 last.
a

Page-Hersey Tubes, Ltd.—Extra dividend of 50c. per share in addition*
to the regular quarterly dividend of $1 per share on the common stock,
both payable Jan. 2.
t
.
.

Pan American Southern Corp.—Dividend of 10c. per share on the com¬
mon stock,
payable Dec. 20.
This was the first dividend paid since
Dec. 21, 1937, when 20c. was distributed.

Parke, Davis & Co.—Dividend of 20c. per share on the common stock,
payable Dec. 19, and in addition, a dividend of 40c. per share, payable
Jan. 2.
V/
Parker Rust-Proof Co.—Dividend of $1 per share on the common
*

payable
Dec.

Dec.

Regular

27.

1, last.

'

quarterly dividend of 25c.

was

stock,

paid on

.

Patchogue Plymouth Mills Corp.—Dividend of $2 per share on the com¬
mon stock, payable Dec. 12.
This compares with $1 paid on Nov. 10,
and March

21, last.

Corp.—Dividend of 25c. per share on the COtomon
regular quarterly dividends of

stock,- payable Dec. 26.
Previously
12He. per share were distributed.
Penick & Ford, Ltd.—Dividend of $1

payable

Dec.

26.

Regular

quarterly

share on the common stock,
dividend of 75c. was paid on

per

Dec. 15, last.

(J. C.) Penney Co.—Extra dividend of $2 per share in addition to a
quarterly dividend of 75c. per share on the common stock, both payable
Dec. 20.
Extra of $1 was paid on Dec. 20, 1938 and an extra of $1.50
per share was paid on Dec. 23, 1937.

Pennsylvania Bank Shares & Securities Corp.—Dividend of 75c. pe^
share on account of accumulation on the 5% preferred stock, par $50,
payable Dec. 20.
Dividend of 50c. was last paid on Dec. 20, 1938.
Pennsylvania Sugar Co.—Dividend of 25c. per share on the common
stock payable Dec. 15.
Previous dividend was paid on April 30, 1938
and amounted to 50c. per share.
■
.„

_

Pepeekeo Sugar Co.—Dividend of $1 per share on the common stock,
payable Dec. 15.
This will be the first dividend paid on the common
shares since 10c. was distributed on March 15, 1938.

Pepsi-Cola Co.—Dividend of $15 per share on the common stock, payable
Dec. 8,
Peter Paul, Inc.—Dividend of 50c. per sbareon the no par shares, payable
Dec. 26.
This compares with 4Cc. paid on Oct. 2 and July 1, last.

Co.—Dividend of 25c. per share on the common stock,
value, payable Jan. 25.
This compares with 10c. paid on Oct. 25
July 25, last.

Philadelphia
no

par
on

Philadelphia
share

on

Dairy Products

Co.,

the second preferred stock,

Inc.—Initial dividend of $2 per
payable Dec. 21.

——

Phillips Packing Co. Inc.—Dividend of 25c. per share on the common
stock, payable Dec. 28.
This will be the first dividend paid on the
common shares since Dec. 15,
1936, when a like amount was also dis¬
-

Phoenix (Fire) Insurance Co.—Extra dividend of $1 per share in addition
to the regular quarterly dividend of 5Cc. per share on the capital stock,
both payable Jan. 2.

(Albert) Pick Barth Co., Inc.—Year-end dividend of 15c. per share on
the common stock, payable Feb. 20.
Dividends of lCc. were paid on
Dec. 15^1938, and on Dec. 20, 1937.

PictoriaDPaper & Package Corp.—Dividend of 15c. per share on the
comm<M,stock, par $5, payable Dec. 27. This compares with 10c. paid
on

SepflpO, last.

Pittsburljl
made

Forgings Co.—Dividend of 40c. per share on the common
Previous payment was the 25c. distribution

fwable Dec. 27.

stock,

oSS|pril 25, 1931.

Pocahonffifcuel
stock,
,

March

Co.—Year-end dividend of $2 per share on the common
This compares with $1 paid on July 1 and on

p$y#le Dec. 15.

3r,l||>38.

Pond Creek Pocahontas Co.—Dividend of $1 per share on the common

stock, payable Dec. 28.
This compares with 25c. paid on
this latter being the first dividend paid on the common
Oct. 1, 1937 when 50c. per share was distributed.

Oct. 2, last,
shares since

(G. E.) Prentice Mfg. Co.—Extra dividend of $2 per share on the common
stock, par $25, payable Dec. 20.
A stock dividend of 50% was paid on
Dec. 1, last.

Preston East Dome Mines, Ltd.—Initial dividend of 5c. per share on
common
stock, payable Jan.
15.
Stockholders have the option
receiving this dividend in stock or in cash.

he
of

Providence Gas Co.—Dividend of 25c. per share on the common stock,

payable Dec. 27.
ceding quarters.

Dividends of 15c. per share were distributed la

pre¬

Providence-Washington Insurance Co.—Special dividend of 40c. per
share in addition to the regular quarterly dividend of 25c. per share on
the capital stock, par $10, both payable Dec. 23.
Prudential

Investors, Inc.—Dividend of 25c. per share on the common
stock, payanle Dec. 20.
This will be the first dividend paid since 30c.
was distributed in December, 1937.

(George) Putnam Fund of Boston—Dividend of 35c. per share, payable
Dec. 20.
This compares with 2(ic. paid on Oct. 16, last, and a dividend
of 15c. paid on April 15, last.

Pyle-National Co.—Dividend of 60c.

payable Dec. 21.

paid

,

the 1,086,737 shares of

tributed.

England Fund—Dividend

Co.—Dividend of $2 per share on the
Dividends of $1.75 were paid in each

capital stock, payable Dec. 27.
This dividend
is payable on the new $1 par stock of Pacific Tin Consolidated Corp.,
but was made available to the holders of old $5 par stock of YukonPacific Mining Co., and to the holders of special stock of Pacific Tin
Corp., when and as they completed the exchanges for Pacific Tu^^onsolidated stock provided for by the reorganization plan.
'\1
on

and

New Britaih Machine Co.—Extra dividend of $1 per share in addition to
a dividend of 50 cents
per share on the larger amount of common shares
now outstanding, both
payable Dec. 21.
Regular quarterly dividend of
25 cents was paid on the smaller amount of common stock previously
outstanding on Sept. 30, last.

the common

Pacific Tin Consolidated Corp.—Dividend of 15c. per share was

This compares with 40c. paid in the three

Natomas Co.—Extra dividend of 20c. per share in addition to the regular
quarterly dividend of like amount on the common stock, both payable
Dec. 27.
Extra of 10c. was paid on Dec. 27, 1938.
Navarro Oil Co.—Extra dividend of 10c. per share in addition to the regular

on

This compares with $1 paid on June 30,

stock; payable Dec. 15.
last, and on Dec. 15, 1938.
mon

the

National Acme Co.—Dividend of 50c. per share on the common stock,
par $1, payable Dec. 27.
This compares with 25c. paid on Dec. 29,1938.

share

Dividends of 25c. was paid on Sept. 30, last.

stock, payable Dec. 22.

paid on Sept.

Nashua Mfg. Co.—Dividend of $1 per share on account of accumulations
on the 7% class C preferred
stock, payable Dec. 29.
This will be the
first dividend paid in some time.

—

per

Pacific Commercial Co.—Year-end dividend of $2 per share on the com¬

Investment

Fund—Extra dividend of 10c. in addition to the
regular quarterly dividend of like amount on the common shares, both
payable Dec. 26.

share on the capital

per

23.

Co.—Year-end dividend of 50c.

Can

Peaslee-Gaulbert

Mutual

share on the common stock,

Oswego Falls Corp.—Extra dividend of 20c.

.

Modine Mfg. Co.—Dividend of 75c. per share on the common stock, no
par value, payable Dec. 20.
Previously, regular quarterly dividends of
25c. per share were distributed.

per

$12.50, payable Jan. 15.

par




par
was

per share on the common stock,
$5, payable Dec. 21.
Regular quarterly dividend of 50c. per share
paid on Dec. 21, 1937.

Railway & Light Securities Coi

Dividend of 30c. per share on the com¬
mon stock, no par value, payable Dec. 28.
This compares| with 15c.
paid on Dec. 28, 1938.

i

MONTHLY REVIEW

Jan., 1940]

Time,

Inc.-i-Extra dividend of $1.25 per share in addition to a regular
dividend of $1.50 per share on the common stock both payable Dec. 20.
Extras of 50c. and regular dividends of $1 per share were paid on Sept.

Rainier

Brewing Co.—Company paid a year-end dividend of 50c. per share
its participating class A stock and 011 its class B stock on Dec. 19.
Regular monthly dividends of 15c. per share were paid on both issues
on Dec. 9, last.
on

30 and

.

Reece Button-Hole Machine Co.—Dividend of 35c. per share on the new

payable) Dec. 28.

stock,

Tobacco

Corp. of New York—Dividend of 22Hc. per share on the
capital stock, par $2, payable Dec. 19.
This compares with 7H c. paid
011 July 15, last.
'

Reinsurance

payable Dec. 18.
Company also declared
of $1.50 per share, payable Jan. 15.
Trunz

Richmond Fredericksburg

of

when

share

no

*

stock, payable. Dec.

15, last.

Selected

.

Shares,

American

common

.

per
were

share
paid

on

Inc.—Dividend of 30c. per share on the
Dividend of 15c. was paid on June 30,

Securities

Co.—Initial

per

share

dividend

of

the

on

$5

a

common

share

stock, both

the

on

common

payable Dec. 15.

.

Clemenceau Mining Corp. stock for each share of this company's stock
•
held.
.

share in addition to

per

U. S.

regular quarterly dividend of 10c. per share on the common stock.
extra dividend will be paid on Dec. 23 and the regular quarterly
on

on

United

States Smelting, Refining & Mining Co.—Dividend of $1.50
share on the common stock, par $50, payable Dec. 22; and another
dividend of $1 per share payable Jan.
15, 1940.
Regular quarterly
dividend of $1 per share was paid on Oct. 14, last.

June 30, last.

per

per

share

on

Universal Cyclops Steel Corp.—Dividend of 55c. per share on the

the com¬

mon

payable Dec. 23.
A dividend of 10c. was paid on Oct. 2,
last; this latter being the first payment made since April 1, 1938 when
10c. per share was distributed.
stock,

Castings Co.—Dividend of 50c. per share
stock, payabld Dec. 20.
This compares with 25c. paid
Aug. 10. last.

Sivyer Steel

on
on

a

special dividend of 25c. per share

Co.—Year-end dividend of 25c.

Dividend of 10c.

was

share on the common
paid on Sept. 30, last.

per

Virginia Coal & Jron Co.—Company paid an extra dividend of $1.50
per share on its common stock on Dec. 15.
Vogt Mfg. Corp.—Dividend of 35c. per share on the common stock,
payable Dec. 21.
This compares with 20c. paid Dec. 1, Sept. 1, June 1
March

and

1,

last.

Detinning Co.—Year-end dividend of $4 per share on the com¬
stock, payable Dec. 20.
Directors also declared three dividends of
$1.50 each on the common stock, payable March 20, June 20 and Sept.

Vulcan

share 011 the 110 par
regular quarterly divi¬

mon

per

Engineering Co.—Dividend of 30c. per share 011 the $1
capital stock, payable Dec. 26.
Dividend of 15c. was paid on
Sept. 30 and on July 1, last.
v
Stores, Inc.—Dividend of 20c. per share 011 the common
Last previous payment on the common shares
Dec. 22, 1937, and amounted to 50c. per share.

stock, payable Dec. 19.

Sterling Aluminum Products, Inc.—Dividend of 50c. p$r share

011 ths
This compares with 25c. paid

July 10, last.

Stetcher-Traung Lithograph Co.—Dividend of 50c. per share on the
common stock, payable Dec. 30.
Last previous distributions were made
Dec. 31, 1937, and consisted of an extra dividend of 50c. and
quarterly dividend of 37 He. per share.

on

a

regular

per

Wagner Baking Corp.—Dividend of $3
•

•

on

the $3 second

was

per share on account of arrears
preferred stock, payable Jan. 2.
Last previous dividend

the regular quarterly dividend of 75c. per share paid on July 1, 1938.

Wailuku

Sugar Co.—Dividend of 70c. per share on the common stock,
payable Dec. 20.
Dividend of 10c. was last paid on March 21, 1938.

Walker & Co.—Dividend of 75c. per share on account of accumulations on
the $2.50 cumul. class A conv. stock, no par value, payable Dec. 23.
Dividends of 50c. were paid on Dec, 1, Sept. 1, July 15, and March 1,

last, and on Dec. 20 and Dec. 1, 1938.

Washington Ry. & Electric Co.—Special dividend of $14

(S.) Stroock & Co., Inc.—Dividend of $1 per share on the common stock,
payable Dec. 22.
Previous payment was the 50c. quarterly distribution
23,

.

Ltd.—Dividend of 38c. per share on the common
payable Jap. 2.
Previously regular quarterly dividends of 25c.
share were distributed.

stock,

par

stock, par $1, payable Dec. 14.

1940.

20,

Wabasso Cotton Co.,

Steel Products

Dec.

common

per

quarters.

stock, payable Dec. 26.

June 30, last.

on

65c.

common

Vlchek Tool

•

(L. S.) Starrett Co.—Year-end dividend of 50c.
common stock,
payable Dec. 30.
Previously,
dends of 25c. per share were distributed.

made

of

13.

ceding

Co.—Dividend of $1.10 pet share on the common stock,
This compares with 42c. paid on June

Square D Co.—Dividend of $1 per share on the common stock, par $1,
payable Dec. 23.© This compares with 30c. paid on Sept. 30 and on

common

dividend*

Works—Year-end

Virginian Ry.—Dividend of $4 per share on the common stock, par $100,
payable Dec. 27.
This compares with $2 paid in each of the three pre¬

both payable

Spencer Trask Fund, Inc.—Dividend of 15c. per share on the common
stock, par $1, payable Dec. 15.
Dividends of 10c. were paid in each of
the four preceding quarters.

011

paid in

stock, no par value, on Dec. 15 to holders of record
This was in addition to the special dividend of 50c. previously
declared and also paid on Dec. 15.
Dec.

value, payable Dec. 20.

made

the

on

Dec.

Bros.

Chemical

Viking Pump Co.—Company paid

Southern Natural Gas Co.—A dividend of 25c. per share and in addition

Sterchi

were

com.

share on the
$5 par common stock, payable Dec. 27.
This compares with 25c. paid
on Sept. 30, June 30 and March 31, last.
*
•

Three $2 par shares were exchanged for
During 1939 $5 par stock paid a total of $1 a share.

30, last.

com

Sept. 30.
the

stock, payable Dec. 22.

Co.—Extra dividend of 25c. per share in addition to a
quarterly dividend of 25c. per share on the common stock, both payable
Dec. 21.
Extras of 10c. and regular quarterly dividends of 15c. were
paid on Sept. 30, June 30 and on April 1, last.

par

on
on

Van Camp Milk Co.—Special dividend of 25c. per share on the
Victor

Sonoco Products

Southern Weaving

with 20c. paid

Valley Mold & Iron Corp.—Dividend of $4 per share on the common
stock, payable Dec. 21.
This compares with 25c. paid on Dec. 24, 1938.

an extra

special dividend of like amount on the common stock,
30, 1939.

compares

Co., Inc.—Dividend of 80c. per share
value, payable Dec. 20.
Dividends of 40c.

three preceding quarters.

of the

each

This

Products

stock, no par

the common
Oct. 10, and

stock of $2 par
the former $5 par stock.

common

stock, payable Dec. 28.

Universal

dividend of 20c. a share 011 the
value, payable Dec. 27. being an initial dividend

Skilsaw, Inc.—Company declared

each old share.

$10, payable Dec. 23.

capital stock, par

Dividend of 50c. was paid

King Coalition Mines Co.—Dividend of 15c.

mon

per share on the common stock
This will be the first dividend paid since Dec., 1936.

payable Dec. 21.

Signode Steel Strapping Co.—Dividend of 50c. per share on the common
stock, payable Dec. 22.
Dividends of 25c. were paid on Nov. 3 and
Aug. 4, last and on Dec. 28, 1938.
*
Silver

Freight Co.—Interim dividend of 50c.

United States Guarantee Co.—Extra dividend of 50c. per share on the

Jan. 2.

payable Dec. 23.

•

paid

of

United Verde Extension Mining Co.—Stockholders of record as of Nov. 15
on Dec.
15 received a cash dividend of 65c. per share and one share of

Mining Co.—Dividend of 15c. per share on the capital
payable Dec. 22.
This compares with 12He. paid on Feb. 20,

dividend

on

Mills—Dividend

1939..

Sierra Pacific Power Co.—Dividend of $1 per share on the common stock,

was

stock,

was

United Shirt Distributors, Inc.—Year-end dividend of 25c. per share on
the common stock, payable Dec. 30.
This compares with 12Hc. paid
on Sept. 15 and March 21, last.

last.

no

common

10c. and

Union Wire Rope Corp.—Company paid a dividend of 15c. per share on
the common stock on Dec. 23.
Dividends of 10c. were piad in each of
the three preceding quarters.

stock, payable Dec. 27.

Shawmut Association—Extra dividend of 20c.

a

the

United Corp.—Directors authorized a dividend of $1.05 per share on the
$3 cumulative preference stock payable Dec. 27 to holders of record
Dec. 18.
This payment clears up all arrears on the issue as of Dec. 11,

Shattuck Denn

on

on

was

.

on

.

Water Co.—Extra dividend of 10c. per share in addition to the
regular quarterly dividend of 20c. per share on the common stock, no
par value, both payable Jan. 2.

The

Buffalo

last.

'

Shasta

the

per share
Previous dividend

value, payable Dec. 22.
1938.

Union Twist Drill Co.—Dividend of 50c. per share on the common stock,
payable Dec. 29.
This compares with 25c. paid on Sept. 29 and July 1,

last.

stock,

Co.—Dividend of 50 cents

capital stock,

Inc.—Dividend of 11c. per share on the common
This compares with 3c. paid in each of the four

Co.—Special year-end dividend of 60c.
30.
Dividends of 40c.

Surety

common

per share on the common stock,
This will be the first dividend paid since Dec. 23, 1937
per share payable in interest-bearing notes

Dec. 24,

Union

regular quarterly dividend of 20c. per share on the common stock,
$10, both payable Dec. 27.

Nov.

payable Dec. 28.
This is the first dividend on this
1937, when a payment of $1.50 a share was made.

regular quarterly dividend of 15c.
payable Dec. 20.

Feb. 1, 1938.

to the

the

common

Union Metal Mfg. Co.—Extra dividend of 40c. per share in addition to the

Seaboard Commercial Corp.—Extra dividend of 30c. per.share in addition

Seaboard

the

on

$1.75 per share on account of ac¬
cumulations on the 7% cumulative preferred stock, par $100, payable
payable Dec. 18.
This compares with $1 paid on Oct. 1 and July 1, 1938.

stock, payable Dec. 20.
preceding quarters.

par

par

Union

Sagamore Mfg. Co.—Dividend of $1 per share was paid on the common
stock on Dec. 19, representing the first dividend paid since 50c. per share

,

share

\

Coach

on

.

Sangamo Electric Co.—Dividend of 75c. per share on the common stock,
payable Dec. 22. A dividend of 50 cents was paid on Oct. 1, last.

Schmidt Brewing Co.,

per

distribution of 40c.

a

made.

was

Twin

Ryan Consolidated Petroleum Corp.—Initial dividend of 10c. per*share
on the common stock, payable Dec. 27.

on

company,

payable Dec. 21.

Dec. 31, 1938.

cffetributed

the

issue since Oct.,

& Potomac RR.—Dividend of $3 per share

per

of 25c.

payable Dec. 19.

Tung>-Sol Lamp Works—Dividend of 10c.

the voting and non-voting common shares and on the dividend obliga¬
tion stock, all payable Dec. 23.
Dividends of $1 were paid on Jpne 30,

of 80c.

regular quarterly dividend

a

Tubize Chatillon Corp.—Dividend of $2 per share on the class A stock

on

Rose's, 5, 10 & 25-Cent Stores, Inc.—Extra dividend
on the common stock, payable Dec. 20.

Stores—Extra dividend

Pork

stock

Paper Co.—Dividend of 40c. per share on the common
payable Dec. 20.
This compares with 20c. paid on Oct. 2, last.

Richardson Co.—Dividend of $1.50 per share 011 the no par common stock,
payable Dec. 15.
This compares with 40c. paid on Sept. 11, last; 30c.
paid on March 14, last and $1 paid on Dec. 13, 1938.

was

Inc.—Dividend of $1.40 per share on the
This compares witty $1 paid on Oct. 30,

Towle Mfg. Co.—Year-end dividend of $2 per share m the common stock,

Rhinelander

on

Stocks,

per share on the common stock, pay¬
This compares with 30c. paid on Oct
2.

able Jan. 2.

per share on the common stock,
payable Dec. 28.
Last previous distribution was the 5c. dividend paid
on
Dec. 23, 1938.

last, and

Allied

stock, payable Dec. 28.
1, last.

Torrington Co.—Dividend of 40c.

Remington Arms Co.—Dividend of 10c.

stock

June 30. last.

and May

Nov. 1, last.

on

&

.common

Reliance Manufacturing Co—Special dividend of 25c. per share on the%
common stock, payable Dec. 29.
Regular quarterly dividend of 10c. was

paid

on

Timken Detroit Axle Co.—Extra dividend of $1.50 per share in addition
to a dividend of 25c. per share on the common stock, both payable Dec.

Company recently split up its stock
two-for-one.
Dividends of 20c. were paid on the old stock on Oct. 2,
July 1 and April 1, last.
common

17

1938.

the common stock, par

per share on
A regular quarterly divi¬

$100, payable Dec. 23.

dend of $9 per share was paid on Nov. 30 last.

"

v

stock,
June 30,

Waterbury Farrell Foundry & Machine Co.—Company paid a dividend
of 50c. per share on the common stock, par $25, on Dec. 22.
Regular
quarterly dividend of 20c. was paid on Oct. 20 last.

share in addition to the
regular quarterly dividend of 12He. per share on the common stock,
payable Dec. 27, and Jan. 15, respectively.

Wayne Knitting Mills—Extra dividend of 25c. per share in addition to a
dividend of $1 per share on the common stock, both payaDie Dec. 23.
This compares with $1 paid on Dec. 24, 1938. and an initial dividend of $1
paid 011 Dec. 24, 1937.

Submarine
par

Signal Co.—Dividend of $1.75

$25, payable

last, and $1.50

011

Dec. 30.
This
Dec. 27, 1938.

per

compares

Superheater Co.—Extra dividend of 10c.

share

on

with 50c.

the

common

paid

on

per

Supertest Petroleum Corp., Ltd.—Extra dividend of 50c.
addition to

both

a

semi-annual dividend of like amount

payable Jan.

on

per share in
the common stock

2.

Talon, Inc.—Extra dividend of $1.65
quarterly dividend of 60c. per share

share in addition to the regular
the common stock, both payable

per
on

Dec. 26.

Tappan Stove Co.—Dividend of $1.20 per share on the common stock,
payable Dec. 20.
This compares with 20c. paid in each of the three
preceding quarters.
Taylor Milling Corp.—Dividend of 50c. per share on the common stock,
no par value, payable Dec. 22.
Previous payment was the 25c. dividend
distributed on April 1, 1938.
Technicolor, Inc.—Dividend of 40c.
able Dec. 28.

per

share

on

the

This compares with 25c. paid on Oct.

common

stock pay¬

18, last.

Thew Shovel Co.—Dividend of $1 per share on the common stock, pay¬
able Dec. 20.
This compares with 50c. paid 011 Aug. 15, last. '
Thomson
common

Electric

Welding

Co.—Dividend of 50c. per share on the
1.
This compares with 25c. paid on June
March 1, 1938.

stock, payable Dec.

1, 1938, and on




Wellington Fund, Inc.—Dividend of 25c. per share on the commoiistock
par $1. payable Dec. 28.
This compares with 20c. paid 011 Sept. 20, last]
Western Light & Telephone Co.—Initial dividend of 10c. per share on
the common stock, payable Jan. 10.
West Michigan Steel Foundry Co.—Dividend of 15c. per share 011 the
common stock, payable Dec. 26.
Previously regular quarterly dividends
of 12He. per share were distributed.

Wheeling & Lake Erie Ry,—Dividend of $4
stock, payable Dec. 27.
mon shares on
Dec. 18,
White Rock Mineral

per

share

on

the

Dividend of $5 per share was paid

on

common

the

com¬

1937.

Springs Co.—Dividend of 50c.

share on the com¬
mon stock, payable Dec. 28.
Last previous distribution was made on
Dec. 28, 1938, and amounted to 25c. per share.

White Sewing
ence

stock

Machine Corp.—Initial dividend

in

the

Wichita

Union

mon

stock,

paid

on

Stock

at

on

the

of 50c. per share, payable
the close of business on Jan.

amount

stockholders of record

per

Yards—Dividend

payable Dec. 23.
June 30, Jast.

new

Feb.
30,

prior prefer¬
1, 1940, to
.1940.

of $3.50 per share 011 the com
This compares with a dividend of $1,50

MONTHLY REVIEW

18
Winn &

Lovett Grocery

Co.—Special dividend of $1 per share on the

class B common shares payable Jan.

4.

'

Wiser Oil Co.—Year-end dividend of 50c. per share on

payable Jan. 2.
were

distributed.

Oct. 2 and on

the

common

stock,

Previously, regular quarterly dividends of 25c. per share
In addition, i an extra dividend of 15c. was paid on

July 1, last.

(Wm.) Wrigley Jr. Co.—Special extra dividend of 50c. per share on the
common stock, no par value, payable Dec. 28.
•
/

(Alan) Wood Steel Co.—Dividend of .¥1.75.per share on account of ac-\
cumulations on the 7% cumul. pref. stock, par $100, payable Dec. 21.
This compares with $1 paid on Nov. 17, last.
Youngstown Steel Car Corp.—Dividend of 25c. per share on the com¬
mon stock, payable Dec. 20.
An initial dividend of 10c. was last paid
on

Dec. 23, 1937.

UNFAVORABLE

CHANGES

Castings Corp.—Dividend of 25c. per share on the
common stock, payable Dec. 20.
Last previous payment was the 50c.
dividend paid on Dec. 24, 1937 in interest bearing notes.

Advance Aluminum

Ajax Oil & Gas Co., Ltd.—Dividend on the common stock reduced from
2c. a share to 1 He. a share, payable Dec. 29.

of 60c. per share on the common stock,
payable*Dec. 15.
This compares with $3 paid on Dec. 23, 1938. and
previous payment was an initial dividend of $1.25 per share paid in 1936.

Aviation Capital, Inc.—Dividend

Bickford's, Inc.—Dividend of 30c. per share on the common stock, pay¬
able Jan. 2.
Dividends of 40c. were paid in each of the four preceding
quarters.

shares in November and 23,734,934 shares in October.
It
was the smallest
volume for any October since 1921, with
turnover

five

amounting to 1,000,000 shares or better on only
days during the month.
In the first week after the out¬

break of
virtually

war
as

Transactions

in Europe last September stock trading
large
for

in

as

the

the

whole

whole
month

was

month of December.
of September totaled

shares.
The December trading volume was typical of that for the
year as a whole.
Dealings amounted to only 262,029,599
shares, the smallest total for any year since 1923.
On the war front, the principal development was the
Russo-Finnish war, but it did not appear that the influence
on the stock market here of this enlargement of the area of
hostilities was important.
In the commodity markets the
influence of the war was discernible, but in the stock market
and in industrial activity domestic forces were of more
importance.
In some directions there was a tapering off of
the rate of activity from the high level of November, so far
as
actual units
of production were concerned.
But if
57,091,430

account be taken of seasonal factors the indexes of industrial

Carbons Consolidated,

Inc.—Dividend of 30c. per share on the common
Dividend of 40c. was paid on June 14, last.

output would show a further rise in December.

Preliminary
production index of the Federal
Reserve Board rose in December to the highest point ever
Chrysler Corp.—Dividend of $1 a share on the common stock, payable
reached, even exceeding the high of 1929.
These same
Dec. 23.
This compares with $1.50 a share paid on Sept. 13, and
seasonal factors, which tended to make the fourth quarter's
June 12, last.
Churngold Corp.—Dividend of 10c. per share on the capital stock, pay-v rate of industrial activity more impressive, promised to work
able Dec. 22.
This compares with 15c. paid on Sept. 30 and on June 30,
against a favorable showing by the index in the first quarter
last.
of 1940.
It seemed to be generally accepted that there would
(D. L.) Clark Co.—Year-end dividend of 5c. a share on the no par common
stock, payable Dec. 18.
Distributions of 25c. a shai*e were made on -be some slackening in industrial production in several lines
Dec. 28, 1938 and on Sept. 1, 1938.
after the turn of the year, for incoming orders in recent weeks
Empire Safe Deposit Co.—Dividend of 75c. per share on the common stock,
were somewhat less than production.
But there was differ¬
payable Dec. 29.
Regular quarterly dividends of $1 per share were
previously distributed.
ence of opinion as to how far the slowing down of activity
Helena Rubenstein, Inc.—Dividend of 25c. per share on the common
would proceed, and until more light could Le thrown on this
stock, payable Feb. 1.
This compares with 75c. paid on Nov. 15, last,
aud on Dec. 23, 1938.
question the stock market was inclined to mark time.
Steel
Honolulu Rapid Transit Co., Ltd.—Company paid a dividend of 25c
mill operations declined to 73.7% in the last week of the
per share on the common stock on Dec. 15.
This compares with 30c.
month from 94.4% at the start of the month, but this
paid on Sept. 30, last.
showing was in good part accounted for by holiday shutdowns.
Mandel Brothers, Inc.—Dividend of 25c. per share on the common stock,
payable Dec. 27.
A dividend of 45c. was paid on March 20, last.
Automobile production was measurably improved, following
Merchants & Miners Transportation Co.—Directors at their recent
the resumption of activity at the Chrysler plants, which had
meeting took no action on payment of a dividend on the common shares
been out of production during most of October and November
at this time.
Regular quarterly dividend of 25c. per share was paid on
Sept. 30, last.
because of labor difficulties.
Electric power production rose
Nation-Wide Securities Co. (Colo.)—Company paid a dividend of lJ^C.
to tht.'
rghest level on record and car loadings, while lower,
per share on its common stock on Dec. 23.
Dividend of 3c. was paid
stock, payable Dec. 26.

Co.—Dividend of 15c. per share on the common stock,
payable Dec. 30.
This compares with 20c. paid on June 20, last.

Case Pomeroy &

on

Pacific Southern Investors, Inc.—Dividend of 50c. per share on the $2
class A cumulative stock, par $1, payable Dec. 15.
Dividends of $1
were

paid on Dec. 15, 1938, and on Dec. 15 and July 1, 1937.

(R. J.) Reynolds Tobacco Co.—Year-end dividend of 30c. per share on the
common and class B common stocks, payable Dec. 26.
Dividends of
50c. were paid on Nov. 15, Aug. 15, May 15 and Feb. 15. last, and on
Nov.

15,

1938.

(Frederick) Stearns & Co.—Dividend of 12He. per share on the common
stock, payable Dec. 28.
Previously regular quarterly dividends of 25c.
per share were distributed.
A.) Stein & Co.—Dividend of 20c. per share on the common stock, no
par value, payable Dec. 28.
This compares with 25c. paid on Nov. 15
and on Aug. 15 last.
Toro

Mfg.

Dec. 1.

Co.—Dividend of 30c. per share paid on common stock on
This compares with $1.25 paid on Sept. 27, 1938 and an Sept. 25,

1937.
Ward Baking Co.—Company, has
on
on

decided to pay nothing further this

year

preferred dividend accumulations.
Dividends of 50c. each were paid
April 1, July 1 and Oct. 2, 1939, on the 7% preferred stock.

COURSE OF THE STOCKMARKET DURING

While

stock

prices

were

DECEMBER, 1939

able to register

an

advance in

December, the interest of investors and speculators in the
market remained at a low ebb throughout the month.
Business activity was

well maintained and irf the commodity

markets there

strong advance, but buyers of stocks
initiative sufficiently to bring prices

refused

to

was

a

the

take

forward with anything like a rush. Not in a good many years
have stocks sold on so low a basis with respect to earnings.
In the last third of the year the rate of industrial output

experienced one of its sharpest rises on record, but stock
prices lagged well behind the improvement in business.
The New York "Times" index of 50 stocks—25 rails and 25

that prices on the average had risen
points to the 110.0 level, following declines of 4.17 and
2.22 points, respectively, in November and October.
At the
close of the month the index was 4.27 points under the high
reached in the September rise of prices.
The spread between
the high and low marks touched by the index was only 4.10
points in December, representing one of the narrowest ranges
for the market in any month in recent years.
The small
zone of fluctuation was testimony to the fact that the market
had reached a stalemate, with investors waiting to see how
much of a decline in,the high rate of industrial activity in
the last quarter of 1939 the first quarter of 1940 would bring.
When the market was enjoying a strong rise in September
the rail stocks displayed, percentagewise, considerably more
strength than did the industrials.
In December, however,
the performance of the rails suffered by comparison with the
industrials, for the 25 rails moved up only 0.07 point to23.86 in the index, whereas the industrials advanced 7.25
industrials—showed
3.66

,

points to 196.14.
the railroad

This

same

laggardness

was

displayed by

bonds.

the market's record for the entire year,
eight months prices receded 12.06
points in the index and then, after the coming of war in
Europe, prices advanced 13.55 points by the year-end,
giving the full year a net rise of only 1.49 points.
As regards activity, the December market made a sorry
showing.
Stock transactions on the New York Stock Ex¬
change totaled only 17,773,413 shares as against 19,225,036
Looking back

one

were

that

the

showed less than the usual seasonal decline.

1, last.

Nov.

estimates

over

finds that in the first




As to the fluctuations in individual stocks,

Allied Chemical
from 169 Dec. 11 to 182 Dec. 15, with the close
Dec. 30 at 176%.
American Tel & Tel. moved up from 168
Dec. 18 to 171% Dec. 21, closing Dec. 30 at 170%.
Con¬
solidated Edison Co. of N. Y. advanced from 29% Dec. 27

&

Dye

to

30% Dec. 30, the close on that day being 30%.

rose

General

Electric opened at 38% Dec. 1, moved ahead to 40% Dec. 20,
and closed the month fractionally lower at 40%.
United
States Steel improved from 64% Dec. 1 to 69% Dec. 7,
closing Dec. 30 at 66%.
Steel preferred also surged forward
from 113% Dec. 23 to 117% Dec. 30, the closing on that
day being a trifle off at 117.
Westinghouse Elec. & Mfg.
touched its low point Dec. 4 at 108%, and its high point
Dec. 21 at 117%, closing Dec. 30 at 116%.
In the railroad
list Atchison Topeka & Santa Fe declined from 26% Dec. 6
to 22% Dec. 27, recovering Dec. 30 to 23%.
Baltimore &
Ohio receded from 6% Dec. 7 to 5% Dec. 27, the close
Dec. 30 being slightly
higper at 5%. Chesapeake & Ohio
moved down from 42% Dec. 7 to 38% Dec. 27, to show im¬
provement Dec. 30 at 41%.
Delaware & Hudson touched
25% Dec. 6 and than slipped back to 21% on Dec. 27,
closing the month slightly better at 21 %.
New York Central
reached its top figure Dec. 14 at 19% and its low point of the
month Dec. 27 at 17%, closing Dec. 30 at 18%.
Southern
Pacific moved down from 15% Dec. 7 to 14% Dec. 27 witb
the close Dec. 30 at 14%.
Northern Pacific also sold off
from 9% Dec. 7 to 8% Dec. 27, ending the month modestly
higher at 8%, and Union Pacific lost ground moving down
from 99 Dec. 5 to 92 Dec. 21, with subsequent recovery
Dec. 30 at 94%.
Transactions in bonds on the New York Stock Exchange

totaled only $176,100,000 par value, against $151,685,000
in

November, making it the poorest December singe ,1917.
in Government bond activity on the Stock Ex¬
change in December, however, gave the year a better record
than 1938, with dealings amounting to $2,046,083,000 as
against $1,859,865,000 in the previous year.
As for bond
prices, the December showing was mixed.
U. S. Govern¬
ment bonds moved up about 1 % points and reached the best
level since the third week of August, all of the heavy losses
of September having been completely repaired.
High grade
corporation bonds moved up about 1 1-3 points to within 1
point of their July high, but medium grade corporate issues
were irregular, with the utilities higher and the rails lower.
The domestic bond average of the New York "Times"
advanced 0.77-point, but the foreign bond average declined
0.48-point,
thus
canceling
the
November rise.
Scan¬
dinavian issues were especially weak following the invasion
of Finland by Soviet Russia on Nov. 30.
The domestic bond average had a rise for the year of
0.42-point, but the foreign bond average dropped 21.87
points, or 25%, to a closing level of 60.87.
In the following table' we indicate the fluctuations for
The spurt

the

current

month

in

the

ami foreign government

more

active domestic

"bonds:

(Continued, on page 111)

corporate

fH

£_

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF BOND PRICES DURING DECEMBER 1939
1939

1938

$176,100,000
2,046,083,000

$217,609,000
1,859,865,000

Bond Sales

December
Jan. 1 to Dec. 31____

Stock Sales
December,

1939
Shares_

—

1938

17,773,413

Jan. 1 to Dec. 31

27,492,069
297,466,722

262,029,599

NOTICE—Cash and deferred delivery sales are disregarded la the moath's range ualess 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.

The tables

on

19 to 40 furnish

pages

Dec., 1939, and the range for
embrace every

security dealt in

a

complete record of the transactions

They need

1939.

the Exchange.

on

extended introduction,

The italic letters in the. column headed "Interest Period" indicate in each
In accordance with the rule
are

the New York Stock Exchange during

on

are self-explanatory.
The tables
We give bonds first, using the classification adopted in the official list.
no

as

they

the month when the bonds mature.

case

adopted by the" New York Stock Exchange in 1909, all quotations for interest-paying bonds

price to which accrued interest must be added.
The exceptions to the rule
This method of quoting bonds became effective Jan. 2, 1909.

at a

sent one or more

32ds of

Sales for

a

Price
Jan. 3

§
•5 ft*

1-3

n. y. stock exchange

1939

on

which
repre¬

point

BONDS

12 Mos.

income bonds and bonds

Quotations after decimal point

are

Interest is in default.

PRICES

1939

Dec. 1

Bid

Dec.

Ask Bid

RANGE FOR

IN DECEMBER

30
Ask

Lowest
Sale Prices

Sale Prices

Sale Prices

Sale Prices

119

Sale

119.18 Sale

114.17 Sale
113.10 113,20

119.31 120

119.8
119.10

Dec.

119.10

Dec.

1

114.15 Sale

114726

114.11

Dec.

6 114.31

Dec.

29

113.22 114

114.22 114.26 114

Dec.

11 114.23

119.10 Sale
Sale

120.4

Dec.

Dec.

29

1940-1943 7

D

M

S

105

105.10

102719

Sale

102714

102.17 102.16

Dec. 29

Dec. 20 102.21

Dec.

8

Dec. 26 102.26

102.12

June

115.30

Sept 15 121.18
Sept 25 116.19

June 22

110.2

July

Dec.

26

Dec.

Dec.

27

Sept. 28 115.25

July

108.18

Sept. 25 116.5

June

Oct.

101.2

1

Sept

102.12

6

18

11

112

18
1

Oct

Jan.

105.8

24

23

3 943-1947 "f

-

106.27 Sale

104.19 104.28 104.21 104.24 104.20

166720

D

109.30 Sale

109715

109.24

F

"

107.4

107.13

105.4

105.10 105.13 105.16 105.5

A

~0 109127

Sale

i097l6

Sale

109.23 109.15

4 104.26

Dec.

104.30

Jan.

10

103.15

sept.

3

June

106.27
105.24

Jan.

105.24

1941-1943

Treasury 3 Mis

June 22

Sept.
Sept.
Sept.

111.10
110.27

June 16

107.12

Jan.

Dec.

8 108.23

Dec.

27

106.16

Dec.

5 105.10

Dec.

2

103.28

Dec.

2 109.30

Registered

106.26

1941

Treasury 3 M8
Registered

.1943-1945

105.6

109726

109.29 109.12
109.21

Registered

1944-1946

Treasury 3%s
Registered
Treasury 3 Mis
Registered
16.000
3,898,000 treasury 3Mis

June

Nov.

Dec. 28

106.16

Sept.

Dec.

26

106.31

Oct.

107.7
111.9
111.5

a

o

110.1

Sale

109.30 Sale

110.13 Sale
110.10 Sale

109.28
109.26

Dec. 26 10R.21
Dec.
2 lld.13

Dec.

18

106.12

Oct.

111.27

June

30

Mar. 10
June

j

i5

109.12 Sale

11677"

110.16 111.9

1 110.10

Dec.

108.7

Oct.

111.2

Dec.

6 111.14

Dec. 29

104.22

Sept.

112.21

June

Dec.

6 110.3

Dec.

6

106.12

Oct.

111.27

6

May

111.13 110.6
110.3

1946-1949

7

6

June

-

...

Treasury 3 J4s

Aug.

Dec.

1053

109". 10

11

111.27 111.30 111.4

Dec.

6 111.29

Dec.

28

105.12

Sept.

114.5

June

108124

Sale

109.24 110.3

110.18 Sale

109.14

Dec.

7 110.18

Dec.

30

16474"

Sept.

111.31

June

5

110.2

Mar.

111.1

Ml

107.6

Sale

11678

July

11

109.11 Sale

109.3

Dec.

5 110.10

Dec.

28

102.16

112.26
109.22

June

m

104.21 Sale

106.16

June

5

July

28

June

6

June

8

June

2

.1949-1952 j" "d

Registered

rj

111". 12

...

Treasury 3s

1946-1948 j"

-

Registered
3,000
9,064,000 Treasury 3s
VR.0frtat.<
Registered..
38,000
1,365,000 Treasury 234s
Registered.
37,000

—1951-1955

D

Sale

Sal§

107.28 Sale

106.2

Dec.

108

Dec.

29

100.1

106.14 Sale

107.26 Sale

106.14

Dec.

107.26

Dec.

28

100,10

Sept.
Sept.
Sept.
Sept.

108.5

109.5

108.3

Dec.

109.8

Dec,

29

103

Sept.

109

Dec.

109

Dec.

23

103.10

Sept.

110.9
109.26
110.6
109.30

Dec.

108.9

Dec.

28

101.10

Sept.

109.31

Dec.

108.6

102.20

1955-1960

s

1945-1947

M

s

107.4

1948-1951

m

s

105.22 Sale

106.30 107.10 108.8

1951-1954

—

j

104.6

106711

Sale

Sale

109.9

...

—

108.10 107.2

108.6

Registered
1,000
17,766,000 Treasury 2%s.
Registered

......

D

Sale

Sale

107.11 107.14 106

107;8

—

1956-1959

M

"s

I03"l3 Sale"

105710

1958-1963

Treasury 2 9*8.

Registered
4,000
10,951,000 Treasury 2%s_
2,000
Registered
41,304,000 Treasury 2 %S
1,000
Registered.
3,283,000 Treasury 2 Mis

Sept .22 122.13

110.18

1,460.000 Treasury 3%s
Registered
4,000

9,736,000 Treasury 2%s_
Registered
23,000
15,155,000 Treasury 2%s_

113.18

110.18

.1946-1956 m"S

....

Registered
6,000
919,000 Treasury 3 Mia
Registered
22,000

12,893^666

O

Registered

32,000

8,447", 000

A

1944-1954 y ~f>

4,388,000 Treasury 3%s

1,613,000
19,000
1,618,000
5,000
7,761,000
34,000
9,094,000
35,000
7,503,000

i

......1947-1952

6,385,000 Treasury 4s

1939

Highest

u s goverment bonds

5,254,000 Treasury 4tfs
Registered
16,000

YEAR

Lowest

Highest

j

D

102.28 Sale

105.10 105.16 106.17 106.21 104.25

Sale

106721

106.24 105

Apr. 19

Dec.

29

106.3

Jan.

Dec.

107.13

Dec.

29

100.2

Sept.

109.21

Dec.

107.8

Dec.

27

107.8

Dec.

107.8

Dec. 27

Dec.

106.22

Dec.

27

99.2

sept.

109

June

Dec.

106.14

Dec.

20

107.30
-

5

23 108.6

Dec. 29
June

5

5

1960-1965 j'

d

102.25 Sale

105715

D

106.12 Sale

107718 108"

105 "5

106.18 106.27 107.17

July

108.2

July

Sept.

108.23

June

103.25

—.. —

Oct.

107.25

July

99.9

Sept.

108.10

June

5

7

99

12
5

28

J

1948

m's

106.17 Sale

104727

Dec.

106.18

Dec. 28

108

1945

-

Sale

June

108725

108

107723" Dec"

June

Sale

108.25

Dec.

30

103.4

Sept.

109.10

June

5

Sale"

106.28

Dec.

13 107.17

Dec.

30

101.10

Sept. 22

166.8

June

5

104720"

Dec. 22

105716 Dec".

30

Registered....

8,952",000

Treasury 2Ms

28,666",666

Treasury 2 Mis

Registered...

2,000

105.15

-

1949-1953 y ~d

102722 Sale""

104727

Sale

105716 Sale"

102.24 Sale

105" "

Sale

105.15 105.18 104.16

9974"" Sept"
102 24

Registered

1950-1952

20,283,000 Treasury 2 Mis.

M~£

Dec.

5.105.15

Dec. 29

99:6

22 107.21

June

106.20
Sept. 22 107.22

June

Jan.

July

5

12
6

Registered..

89", 000

1951-1953 J

Treasury 2%s

D

102.21

Dec. 22 103

Dec.

28

103.16

Dec.

5 104.31

Dec.

18

101.31

Dec.

8 el03.4

Dec. 28

Dec.

2 108.12

Dec.

5

10874"

Dec.

1

105.11

102.21

102.4

102.12

D

rl03.6 Sale

.....

June

10131

Dec.

Dec. 28

Dec. 28

103.8

Sept. 22 110.6

June

6

Dec.

19

103

Sept.25 109.21

June

6

Nov.

Nov.

3

Dec.

29

102.12

Sept. 6 106.27
Sept.21 105.30

Mar. 30

102.31

D

J

...1948-1950

_____

Dee. 22 103
Sept. 2v 106.3

106.26

1947 J

12,570,000 Treasury 2s
136,000 Treasury 2s

103
103.2
103.10 103.22 104.21 Sale

.....

Aug.

9

101.28

Sept. 12 106.15

June

6

99. S

8 el03.4

Dec. 28
26

Federal Farm Mortgage Corp—

1,613,000

3%s

6,355~666

3s

2,000
3,076,000
36,000

3s..

1944-1964

m

S

Registered..
.1944-1949 M N

107.12

108.3

103727

Sale

107 7l8 107.26

10876"

106.1

Sale

105.9

105.10 105.15 105.8

108.11 I077l4"

Registered
1942-1947 J

Registered..
2%s

938,000

1942-1947

"3

m'S

Home Owners Mortgage Corp—
5,599,000
3s Series A...
1944-1952 m N
*

4,000
5,126,000
4,328,000

108.10 108.11 108.15 108

107.2

105

106.26 Sale

104722

105

107.10 Sale

105

105.5

107.26 Sale

10574"
107

Dec. 20 105.5

D~e~c.~20

Dec.

6 107.26

Dec.

104.10 104.20 104.18 104.22 104.6

Dec.

2 104.18

Dec. 28

100.15 100.24 101.21 101.24 100.12

Dec.

5 101.15

Dec.

26

102.5

3 106.26

108.21

Registered

2^s Series G
1 %s series M

105.10

Sale

1942-1944 J
...1945-1947 /

j
D

104

"ib

Sale

Sept.22 109.17
May
6 108.21

May 18
May
6

101.10

Sept.

June

6 105.18

23

96.8

Dec;

21

22% Sept. 25

27% Dec.

12

24
60

Oct.

10%
9%
10%
10%
9%

Jan.
Feb.

Sept. 22 102.12

June

2

6

foreign govt & municipals

Agricultural Mtge Bk (Colombia)—
124,000
AGtd sink fund 6s_.
1947 F A
112,000
AGtd sink fund 6s
1948 A O
121.000 Akeyshus (Kingd of Norway) 4s. 1968 M S

J

25%
25 %
93%
10%

J
J

10 H
10 H

J

10 %

1957 A

O
O

1957 A

O

1958 J

D

9%
8%
814
95 X

...

852,000 iAntioqula (Dept of) Col 7s A.. 1945 J
^External s f 7s series B
-.1945 J
727,000
* External s f 7s series O
1945 J
359,000
lExternal s f 7s series D
670,000
1945 J
a7s 1st series...
1957 A
619,000
496,000
a7s 2d series
505,000
a7s 3d series
691,000 Antwerp (City( extl loan 5s

26
26
95
Sale
Sale
11%
Sale
Sale
9%
10%
96

Sale

26% Dec.
1
26% Dec. 14

28

"94""

60

Dec.

20

69

Dec.

14%
15%
14%
14%

Dec.
Dec.
Dec.
Dec.

30
21
30

15

Dec.
5
Dec. 29

14% Dec. 29

17%
17%
16%
17%
16%
16%
16%

Dec.
Dec.
Dec,
Dec.
Dec.
Dec.
Dec.

69

66

Dec.

71

Dec.

93

Dec. 22

88

Sale
Sale

79%
80%

Sale
Sale

26 %

Sale

26 X
69
11

28
83

27

17%

14% Sale
10
17%
14% Sale

16%
16%
16%

14%
15

14%
62

Sale
18
17%

17
Sale

16

69%

10

17

11%
11%
11%
66%

15%
16%
22%

14

29

2

Dec.

11
20

3

Feb.
Sept. 2
Jan. 28
9% Oct. 13
9% Jah. 28
60% Sept. 6

28
28

94%
17%
17%
17%
17%
16%

Nov. 13
Nov. 13
Jan.
7
Dec.

15

Dec.

15

Nov. 21
Dec.

15

Dec.

8

16% Dec.
16% Dec.
96% Jan.

18

8

11

Argentine Nation (Govt of)—
6,456,000
2,552,000
7,217,000
3,650,000

8 f external 4

%s_
1948 M N
Sinking fund external 4%s
1971 M.V
S f external eonv loan 4s. Feb 1972 F A
8 f external convloan 4s..Apr 1972 A O

For footnotes

see

page 30




87 X
78 Mi

78%

Sale
Sale
Sale

94%
85%
76%
77%

Sale
Sale
Sale
Sale

94

85% Dec.
76% Dec./
77% Dec.

94% Dec.

2

1

88

1

81% Dec. 26
81% Dec. 26

1

Dec.

29

88

Sept.
81% Oct.
70% Oct.
70% Oct.

22
17
18
18

95

May 31
88% Sept. 6
81 % Dec. 26
81 % Dec.

26

Sales for

STOCK

N. Y

20
'

Price

BONDS-

12 Mos. !

N. y. STOCK

1E1

s™

1939

State) exti-6%s~{945
Belgium 26-yr external 6%s
{949

J

AExternal sinking

fund 6s

ABrazil (U S of) external 8s
AExtl s f g 6 %s of 1926
~
'
AExtl s f 6%s of 1927ACent Ry 30-year g
Brisbane (City) s f 5s

-

MN
J

J

A

20

MS

06 M

4,792,000
5,922,000
1,933,000
2,523,000
977,000
4,653,000
303,000
76.000
113,000
184,000
21,000
350,000
12,000
315,000
422,000
1,170,000
910,000
450,000
449,000
823,000

-

-

-

650,000

287,000
219,000

226,000
147,000
368,000
414,000
314,000
288,000
164,000
156,000
364,000
289,000
375,000
387,000
386,000
27,000
16,000
29,000

-

15

Sale

Sale

1_ fSale
15 M Sale
13
13 %

Sale

55

56 M

51M

J

J

37 %

56
41M

40

J

J

35%
35M

M JV

111%
110M
103%
103%
102M
98 %

Sale
Sale
104 M
104M
103
Sale

7X
63

18%
31%

21%
34 %
30

22%

56 M

15

13M

15

97 M
103 X

6

13M
12M

12M
15X

15M

Sale

12

18

15%

18

Sale
Sale
Sale
Sale
Sale
Sale
Sale

16

Sale

16

18
16

17%

19
Sale
Sale

16

18

16
15 %
12 M
15 X

Sale

12 M

15X
15M
15X
12

15X

17

12

12%

15M

Dec.

4

Dec.

28

Dec.

7

13

57

Dec. 28

57 M

Sale

56

Dec.

8

38 M

40

38

Dec.

9

13%
U%
12% Sale
Sale
Sale
Sale

93 %
96 M

Sale

Sale

Sale

88 M

Sale

Sale Prices

Sept. 20 103% Mar. 10
Sept. 20 103% Mar. 15
Mar. 10
52% Sept. 20 99
6
17% Jan.
7
Sept. 6
6% Sept. 22 20% June 23
53

Mar.
9
65% Sept. 21 108
Feb. 24
67
Sept. 21 108
4
Sept. 21 116% Mar
1
Sept. 19 21 % Aug.
2
Oct. 18 19% Mar.
Jan. 13 28% Mar. 11
Mar. 17
Sept.
1 23
Sept. 1 22% Mar. 11
9
21% Mar. 11
Sept.
1
60% Sept. 29 98% Mar. 10
58
Sept. 20 98% Mar. 10
Mar. 10
65
Sept. 27 102
6
11% Jan. 13
Sept. 6

71%
6%
7%
11%
9%
9%

55

13% Dec. 12
11% Dec. 15

30

57% Dec. 26
40% Dec.
6
14% Dec.

6

Dec.

4

14

i5~"
13 %

Sale

Dec.

16

15

Dec.

Nov.

13

13
15

Dec.

12

11%
15%
11%
15%
11%
15%
11%
15%
11%
15%
11%
15%
11%

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

19

17% Dec. 30
12% Dec. 29

14

17

16

13% Dec. 30

13

17

11

13

13% Dec. 30
16% Dec. 30

13

13

12

16% Dec. 29
13% Dec. 30

14

13M

17

Sale

13 M

Sale

17

Sale

13 M

Sale

16M

Sale

13

Sale

17

11%

13 %
17

Sale

13 M
17

Sale

Sale

17 M
Sale

14

9%

11

10

15

9M

35

7

13

9

20
Sale

31

31 %
26M
26 X

Sale

30

Dec. J

12

13% Dec.

Sept.

Apr.
Apr.

Dec.

14

"21" "35"
20 M

.

30

Dec. 30

14

165-*

Sept.
Apr.
Apr. 18
May
Apr.
Apr.
Apr.
Apr.

30

12

Jan.

3
18% Jan.
9
16% Jan.
18% Jan. 14
16% Jan.
3
18% Mar. 11
16% Jan. 16
18% Jan.
3

17

13% Dec. 30
16

Dec.

15
12

13

Dec. 30

Dec.

10% Dec.

12

Dec.

12

Dec.
Dec.
Dec.
Dec.
10% Dec.
13% Dec.
9% Dec.

18

18

15%
12%
15%
12%
15%
11%
15%

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

29

July

15

12% Dec. 30

6

14% Dec. 29

Apr.
Apr.

14]
16]
14%
16%
14%
16%
14%
14%

11

10

Dec. 29

Oct.

10

Dec.

18

9

Dec.

18

13

1851
16 Va
1851

18

14

13

Jan.

13

10%
14%
10%
14%

4
10

23
13

16

13

14

6'
29
18

June

Dec. 30
Dec.

5

Apr.
Apr.
Apr.
Apr.

1

11

32

.

24

June 27

104

102% June
88% Dec.
19% Jan.
32
Jan.
Jan.
27
24% Mar.
27% Mar.
Jan.
23;
1851 Mar.

Sept.
Sept.

Dec.

Jan.

29

111% Jan. 20
111% Jan. 20
104% June 28
106% Aug.
2

Nov.

14

6

32% June

Sept.
Sept.
.Sept.
Sept.
Sept.
Sept.

Sale

12

12% Sept. 26
11% Nov. 18

13% Dec.
10

June

58

Sent.
1
13% Dec.
13% Dec. 20

July

58

7
Sept.
58% June
6
60
June
6
47% Aug. 17

96% Dec. 12 101% Dec.
1 107% Dec.
103 % Dec.
94
Dec.
5
96% Dec.
93% Dec.
88M Dec. 11
1
96% Dec.
94% Dec.
84% Dec. 12
88% Dec.
88% Dec.
83% Dec. 11

10

17

70

Feb.

44% Apr.
44% Apr.
44% Apr.
47
May
32% Apr.

15M

13 M

10M

Sale

S

O

F

A

21% Sale
21% Sale
25%
25 M
27
25X

J

D

96

MN

93

J
A

O

MN

{942
222,000 Dominican Republic s f 5%s
1st ser 5%s of 1926----90,000
{940
2d series sinking fund 6 Ms
{940
110,000
Customs Adm 5%s 2d series..1961
167,000
5%s 1st series
{969
106,000
5%s 2d series
{969
78,000
1945
23.000 ADresden (City) extl sf 7s
El Salvador (Rep) 1st s f 8s A—1948
ACertificates of deposit
167,000
1967
111,000 Estonia (Republic) 7s
708,000 Finland (Rep of) external 6s___-1945
102,000 APrankfort (City of) s f 6%s_-— {953
645,000 French Republic 7 %s stamped-_ {941
7 %sunstampea
1941
57,000
External s f 7s stamped
1949
260,000
7s unstamped
1949
17,000
German Gov't International—
a3 5-year 5%s stamped
1965
4,454,000
a5%s unstamped
1965
964,000
a5%sstpd (Canadian holder).1965
39,000
3,314,000 AGerman Republic 7s stamped-.1949

30

June

30

June

29

29

Apr.
Apr.
Apr.

8

June

30

16;
16

Jan.

4

Jan.

17

Jan.

17

Jan.

17

Jan.

3
14

Jan.

Jan.

3

Jan.

11
17
11
10

Jan.
Jan.
Jan.
Jan.
Jan.

10
5
29

Sept.

18

20

Dec.
Jan.

Oct.

9

F

A

F

A

J

J

unstamped

—

20 M

94 X
75

Sale
Sale

51

Sale"

46 M

Sale

53
56
70

75

104
102

59 M
103

72

Sale
Sale
74
70
74

Sale

26M
26 M
26M

Sale

19

22
Sale

108

29

26 X

Sale

51M
79 M

29

57%

Sale

44
41 %
54 %

70%

104~"

16M
100%
100M

99 X
55 M

Sale"

99
57 M

71M

102 % 100M

73

12 M

13%
13%

103 X
100

Sale

12M
76

Sale

Sale

61M

Sale

57

97 M

Sale

56

Sale

48M

57

66

71

72

70 %

64 M
62

70

68

71

68

68

M S

57

66

69

Sale

A

O

65M

69M

68

75

A

O

60

69

68

M S
A

O

A

O

J
J
M S

13M

20% July

31

D

30
Sale

Sale
60

54

Dec.

2

75

70% Dec.

14

66

24

A

O

1964

f g 7 Ms—
f g 7s

5s

For footnotes see page 30.

73% Dec.

74

65% Apr.

25 M
,

Dec.

Dec.
Dec.

Sale

Sale

65

Jan.

4

74

Dec.

7

71

Dec.

26

26

6

71
70

Dec.

Dec.

Dec.

6

65

Jan.

9

Dec.

9

11

Dec.

9

10

Oct.

23

17

Dec,

1

Dec.

4

67% Dec.

1

11%
11% Dec.
19%
101% 104
100% Dec.

1

12

5%

Sale

11 %

6

7%

9

20

12%
23 %
14%
18%
14%.

21X
19M
73 M

F

A

9M
9M
28 M

J

D

76

M S

73

J

J

F

A

MN

.

54 M
80 M

-----

16
90

84%

Sale

79

Sale
Sale
64 M Sale

■

9%

Sale

7

60

12 H
11
11X
13 M
Sale
107 M

Sale

9

103 M

10 M
MN

14M
18M
14M
81 %
10%

20
20

10X
MN

23 M

Sale

7%
75%
7M
7M

20M
90
67 %

24%

8

Dec. 27

14 106
13 100

Dec.

1

Dec.

Dec.

13

Dec.

12 113%

Dec.

6

8M
10
30
97 M
Sale
68

2

Ih

91

70%
68%

Sale

7% Dec.
4% Dec.

16

9% Dec.

1

19

6

Dec.

4

Sale

9%

12

9% Dec.
6

7% Dec. 29

Dec^

11% Dec.

8

13% Dec. 20

20 %

16% Dec. 28

16% Dec. 28

19

16

90
Sale
10 M
30

Sale

30
93
Sale

Dec.

8

14% Dec. 19
7
82% Dec.
9% Dec. 27
8

Dec.

20

24

Dec.

26

19

7%
7%
6%
6%
21%

Dec.
Dec. 11
Dec. 15
Dec. 15
4
Dec.
8
90
Ded.
9
65% Dec.

75

67

Dec.

2

51

52

54

46% Dec.

14

78

Sale
Sale

79

Sale

78

60%

Sale

60% Dec. 30

61

Dec. 29

25

47

65 %

32

Dec.

1

Dec.

7% Sept.
78% Sept.
98
Sept.
98
Sept.

24% Feb. 27
37% June 14

Sept.

7% Dec. 30

6

Oct.

7

Dec.

15

8

Dec.

30

22%
90%
70%
71%
51%

Dec.

7

80

Dec.

7

Dec.

29

Dec.

16

Dec.

28

Dec.

6

61% Dec.

7

14

5

6

8

June

12

5

20

106

Jan.

Dec.

Dec.

9

s

19% May 31
110% June 14

21% Jan.

24

11

1

Feb.

5
Sept. 5
4% Dec. 19
17% Jan. 14
7
Sept.
5
6
Sept. 20

1

13

7

Feo.

17

1

Dec.

85

21% June
100
107

May

Dec.

8

75
July 31
72% Aug.
3
20% June 23

Jan.

60% Dec.

Dec.

15% Dec. 13

3
73% Aug. 11
July 26
73
Aug. 16

125

Oct.

8% Oct,
23% Oct.
16% Dec.
15
Sept.
13% Oct.
71
Apr.
5% Sept.
7% Oct.

19

Aug.

105

102

7%- Sale
7% Sale
6%
8M

-----

13% Dec.
Sept.

35

110

■8% Sale

3

73

23

8

Mar. 10

Dee. 28

11

107 M
105 %

Mar. 10"^

97% Jan.

70

13% Dec. 28

28

101

71

32

19

Feb.

Mar. 11

105

Jan.

Sale

12

75% Dec.

66% Jan.

10

4

July

75
76

66

72

9

Jan.

104

68

74
----

Sale

33
23M
27 M
21
78

13

Jan.
60

12
17
23

11M

26

13
3

June

99
May
49% Apr.
100
Aug.
63
Sept.
6
Sept.
12% Dec.
62% Dec.
54 % Dec.
42% Dec.

90

9%

Jan.

106

Jan.

Sale

Sale
24 M

26

108

Dec.

Jan.

14

5

Feb.

16% Nov.

65

71
71

13
21
10
11
20
24
24

100

65

70 M

27% Mar.
27
Apr..
96% Mar.
94% Mar.
65
July
61
July
80% Jan.

101

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Dec. 27
Dec. 28

40

9M

9

12

71

42

Sale

9

70% Dec. 21

90

102

20 M

Mar.

18

Sale

107% 118

1960 MN

Italy (Kingdom) extl s f 7s
1951
Italian Cred Consortium 7s ser B '47
Italian Public Utility s f g 7s—1952
Japanese Govt extl s f 6 Ms
1954
Extl sinking fund 5 Ms
1965

17

40

Dec. 21

Sale

108M H8M

21

.—1968 F~~A
paid
1968
Haiti (Rep of) 6s series A
1952 A O
AHamburg (State) 6s
-1946 A O
AHeidelberg (City) extl s f 7 Ms—1950 J J
Helsingfors (City) ext 6 Ms
1960 A O
Hungarian Cons Municipal Loan—

Irish Free State external

38% Dec.
47% Apr.

100

___1949

1945
ASecured s
Septl946
^Hungarian Land Mtge 7Ms A--1961
aS f 7 Ms series B
1961
Hungary 7 Ms ext at 4M to
1979

1

Dec.

23

a6s part

s

47% Dec.
56

34% Dec. 15
34% Dec. 15
26% July 2n

30% Mar

4
18

Dec.

67 M

106

Sept. 20

40% Dec.

67

42

23

Bks—
Agric L'n) 6%s ser A.1958 J D
AGreek Govt secured 7s
1964 MN

ASecured

13

Oct.

22

1

70

Sale
107 M

A (Cons

a7s part paid
aS f secured 6s

Dec.

W*
22

Dec.

51

19%
16% Dec. 28
101% Dec. 28 103%
101
Dec. 28 102%
99
Dec. 28 100%
1
Sale
57%
55% Dec.
Dec. 20 102%
102 % 100
4
73
Dec.
75
75%
12
Dec. 22
12%
12%
12% Dec. 21
76
Sale
8
62% Dec.
58
54% Dec. 18 62%
Sale
9
56%
42% Dec.
74

Dec. 21

26% Dec. 22

19% Jan. 28
19% Jan. 28
Sept. 25

71

"15"

103 X
D

27

25

103

J

34% Dec. 15
34% Dec. 15
26% Dec. 22

103""

20

D

J

23

26% Dec. 22
26% Dec. 14
26% Dec. 14
40% Dec. 18
9
38% Dec.

71

17

15M

23

Dec.

100

97

105 X

MN
J

67

9

MN

Dec.

30

70

102 %
103

102

30

Sale
-----

German Prov & Communal




1

Dec.., 1

55% Dec.

105^

14

,

1951 MN
328,000 ACosta Rica (Rep of) 7s
135,000 Cuba Rep of) 5s of 1904--{944 M S
5s ext debt Ser A of 1914
225,000
{949 F A
4%s external loan
137,000
{949
4,601,000
4%s external debt
{977
30-year s f 5%s
— - — {953
468,000
APublic Works 5%s._June 30 {945
698,000
232,000 ACzfechoslovak (Rep of) extl 8s_.{951
ASink fund 8s series B__— _.{952
118,000
4,904,000 Denmark 20-yr external gold 6s_1942
External g 5%s
2.797,000
--{955
External g 4%s
1962
3,896,000

204,000
133,000
51,000
65,000
333,000
28,000
5,426,000
257,000
1,957,000
4,054,000
3,676,000

1

Dec. 23

Sale

15% Sale
12M Sale
16 %
15M
12M Sale
15 M
17
11%
15% "20""
12% Sale
15
14%

12%* 15
13%
15

19

1

Dec.

57

13

O

D

Sale Prices
53

(Republic of)—

a6s of 1928Oct {96{
4,425,000
AExtl s f g 6s_
- Jan
3,127,000
{961
69,000 AColombia Mtge Bank 6%s—-{947
ASinking fund 7s of {926
142,000
{946
ASinking fund 7s of 1927
33,000
{947
2,059,000 Copenhagen external 5s
--{952
Goid4%s
1.507,000
{953
*
ACordoba (City) 7s
11,000
{957
*a7s stamped
—
{957
298,000
193,000 Cordoba (Prov) Argentina 7s_-^1942

141,000
14,000
127,000
77,000
392,000
191,000
115,000
66,000
505,000

1939

Highest

64

15%
11%
15%
11%
15%
11%
15%
11%

10M

16

15

Dec.

Dec.

12 H

A

M S

Sale

13

Dec.

57

14

Sale

MN

J

16M
16M
12X

14

{951

16M

Dec.

Dec.

57% Dec. 27

12

Sale

MN

f 6%s—1950

Sale

Sale

12

10M

M

16M

Sale

12

15M Sale
12%
13 M

{96(

16M

Dec. 29

13

13%
10%

-29

12M

M S

13 X

Dec. 29

16

9

O

1960

Sale

9

Dec. 29

Dec.

15M

D

{96J
{961
{962
{962

86 M

6M Dec. 29
1
11% Dec.
1 100%
89 % Dec.
84% Dec. 12
94%
1 101%
98% Dec.
Dec.
1
12
14%
Dec.
5
ir
11%
16% Dec. 15
19%
13% Dec. 14
15%
15%
13% Dec. 15
4
14%
11% Dec.
77
69% Dec. 15
77%
73% Dec. 27
78% Dec. 18 86%
Dec. 19
7%

54% Dec.

Sale

Sale

9

Dec. 23
80% Dec. 26
7
9% Dec.
13% Dec. 11

Sale
Sale

106 M

86 M

Dec.

Sale Prices
Dec. 22

!45h

57
57

Sale
Sale

9M

72
69

63

Sale

Sale

18

6%

101X

89 X
94 Vs

18

16

92 M

86

Sale

95

A

{961

Sale
56
Sale
58 M
42 M

12

30
28

A O

8X
-----

85M

a

_

70%

78

■

assented—--

Sale
92 M

50

-

14

73

O
M N

Sept {961 M S
Sept {961 M 5
{962 M S
{962 M S
6s
{963 MN

13

77

55 %
55 M

Feb {96{ F A
Jan {%{ J J
? {961 J J

Sale

101M
13M

50% Sale
50 M Sale

^;--=^lr96e

15

Sale

Sale

M S

T

Sale

77

55

^

20

1

18 M
14 %

Sale

M S

A

105""

99

94 %. Sale
101% 103 X
12% Sale

77

....

A

,

Sale

7

97 M
97 M

11

J J
M S
J J

AGuaranteed s f gold 6s
a6s assented.
-—AGuaranteed sink fund 6s
*5s assented
AChilean Munic Loan 7s
a7s assented
ACbinese Hukuang Ry 5s

a7s

9
19

97

Bank of gusfb%s.{957«7 D
a6Hs assented.-1—
--1957 J D
D
AGuar s f gold 6%s
— {96J

Colombia

324,000

12\

Sale

A

AChile Mtge

ACologne (Germany) s

21

Sale
Sale

D

{954
{950
{960
---{960
{960

ARy ref extl s f g 6s
a6s assented
AExtl s f 6s int ctfs
a6s assented
AExt sinking fund 6s
a6s assented—-—
AExternal sinking fund
a6s assented

-

Sale

D

Republic ext s f g 7s
{942 M1V
a7sassented.
{942 MTV
AExternal sinking fund g 6s___{960 A O
a6s assented
- — -- t.~{x§® A
O
AExternal s f gold 6s
1 eb {96{ F A

a6%s

Sale

9&M

F

AChile

.-

90

87 M

Sale

J

i

AOs assented..-

11M

J

{967 J J

AFarm loan s f 6s
A^S"Gct"coupon om-

78% Sale

Sale

7M

Sale'

«8*
96

M S

-

a6s July coupon on

Sale
9X

12

10%

-{960 AO
^^.-{952 MN
Aug 15 1945 F A
}qa1
$

ACarlsbad (City) s f8s__ACent Agric Bank (Ger) 7s
AParm Loan s f 6s

73 X

10

(Dominion) gold 4s
30-year gold 5s
—
lC-year 2%s_.
25-year 3 Ms
7-year 2 Ms
30-year 3s
30-year 3s

Sale

Sale Prices

Sale

19M

-

Canada

84

12

-

-

YEAR

Lowest

Highest

72% Dec. 13
Dec. 14

Sale

Sale

.05

3

Lowest

Ask

83 M

20

F

RANGE FOR

IN DECEMBER

Dec. 30

Sale

.15

J

{958
{941
1n^
-1957

430', 000
378,000
Sinking fund gold 5s
431,000
20-year s f 6s___._
--{950
375,000 ABudapest (City of) 6s_-_1962
Buenos Aires (Province of)
15,000
a6s stamped
2,911,000
Readjustment 4%-4%s
{977
859,000
Refunding s f 4%-4%s
—{976
Extl readjust 4%s-4%s
433,000
{976
Extl s f 4 %-4 % $ bonds
701,000
{975
333,000
3 %s external s f $ bonds
1984
Bulgaria (Kingdom of)—
ASecured s f 7s—
~
151,000
{967
AStabilization loan 7 %s—---1968
181,000

22 M

|

Ask Bid

78 M
76

Sale

16

P

1957
1952
1957
1958

7s

.01% Sale
.01M Sale
98% Sale

J

M S

ABavaria (Free

External s f 6s
-{955
Externals f 7s. —---{955
ABenin (Germany) sf ,6%s__— {950

Dec. 1
Bid

(Continued)-4,026,000 Australia 5s of 1925..-July 15 {955
2,591,000
External loan 5s of 1927
{957
3,921,000
External g 4%s of 1928
-{956
504,000 AAustrian Govt s f 7s
— {957
89,000
2 229,000
2,219,000
2,060,000
455,000
241,000
3,253,000
6,168,000
6,027,000
3,242,000

PRICES

Jan. 3

EXCHANGE

FOREIGN GOVT

«

EXCHANGE-BONDS

Dec.

6% Sept.
6% Dec.
16% Oct.
86
Sept.
45% Sept.
39% Sept.
30
Sept.
64% Aug.
50
Aug.

18

5

17% Jan. 14
27
Mar. 16
22
Jan,
6

30

June

18

27% Mar.

3

25% June
Dec.
85

12

19

18

105

July
Mar.
Jan.

13
12
6

5

11

Mar. 11
Mar. 13

10

Mar

11

10

10
Mar. 15

30

Jan.

10

113

Feb.

20

76% Jan.

9

75

Jan.

6

61

Nov.

2

85% Jan.

18

65% Jan.

5

Jan., 1940]

N. Y. stock exchange-bonds

_

Sales for

PRICES IN DECEMBER

Price

12 Mos.

BONDS
n. y. stock exchange

1939

RANGE FOR

YEAR

1939

Jan. 3

1939

$
163,000
64,000
42,000
703,000
113,000
1,000
68,000
37,000
202,000

FOREIGN GOVT (Concluded)
^Jugoslavia (State Mtge bk) ts-1957
ALefpzig (City) external s f g 7fl--1947
a Lower Austria (Prov) 734s
1950
iMedellin (Colombia) 634s
1964

44,000
11,000
10,000

i
%
%

1954

12

Dec. 30

16%

1034

1534

14

Dec.

26

71%

70

75

6934 Dec.

6

%

"l%

'34

1%
1%

8

1
1

"l%

%
1%
1%
1%

%
%

%
u
%

x
55

%

234

71,000 AMontevideo (City) 7s
1952
48,000
a6s series a
1959
911,000 New South Wales ext s f g 5s—1957
1,037,000
External s f g 5s_
1958
1,359,000 Norway 20-year ext s f 6s
1943
1,931,000
20-year external s f 6s
1944
2,251,000
External sinking fund 434s—1956
3,179,000
External sinking fund 434s—1965
3,115,000
4s sinking fund extl loan
1963
89,000
Municipal Bank ext s f 5s
1970
73,000 ANuremberg (City) external 6s_. 1952
1,500,000 Oriental Developments 6s—r—1953
1,325,000
External deb 534s
1958
1,007,000 Oslo (City) 434s extl sink fund--1955
366,000 APanama (Rep) external 534s--1953
94,000
AExtl s f 5s ser a---May 15 1963
2,951,000
AStamped (assented)
1963

45

Sale

7A

Sale
734
7%

45

49
52

100

Sale

9954
104 9*
10534
104 54
103 x
101 %

10034
Sale
Sale

1

'4

-----

1%

1

2%

%

'49% Sale"

52%

54

Sale

50%
54X
100% 101%
98
101%
53

50%

5%
11

60

Sale

7
Sale

1%

46

Sale

31

Sale

a7s extl loan

of 1926

54

"94%

Sale

"9l""
91

Sale

76

77
78

Sale
Sale

92 34

95
80
7534
Sale
10
1734
58
56% Sale
5734
51
50%
5134
5234 50
71
80
84% Sale
64
104% 106
10234 10634 102
70
75%
7234 Sale
68% '70%
6934

6%
8%
*9

7%
Sale
Sale

8% Sale
12%
12%
12%

11

9

Sale
12

634
734
934 Sale
934" Sale- 934 Sale
734
634
934
1234
834
11
7

Sale

10

634

10

734 "1134
734

8

—-

Sale

94

Sale
Sale

89

11%
8 %

7%

a7s Municipal loan
1967
326,000
2,490,000 Rome (City) external s f 634s--1952
273,000 ARoumania (Kingdom of) 7s—-1959
AFebruary 1937 coupon paid
20,000
J
1953 J
14,000 ASaarbruecken (City) s f 6s
Sao Paulo (City of)—
a8s extl secured s f
1952 miv
233,000
a6 34s extl secured 8 f—
1957 miv
674,000
San Paulo (State of)—

§

9

Sale

Sale

7%
7%
7%
7%

7% Sale
7% Sale
68 % Sale

61

15

10%

18

17

24%

8%
7

634

9%
8%
9%
8%
Sale

14
—

11

6

Dec.

14

1 34 Dec.

11

Dec.

53'

19

Dec.

29

3934 Dec. 26
8034 Dec, 27
80

11

Dec.
Dec.

68

7
Dec.
7
Dec.
Dec. 27
Dec. 19
Dec. 20

77

Dec.
Dec.

Dec.
Dec.

21
14
16

Dec.

64

Dec. 28

52
15
85
11
8 103

Dec.

15

Dec.

Dec.

-

634 Dec. 27
18

734 Dec. 19

4

9% Dec. 21
934" Dec. 21
9% Dec. 21

18

Dec. 29

734 Dec.

Dec.

15

Dec.

ll*

18

Dec.

11

Dec.

7
12

1134 Dec.
9

Dec.
934 Dec.

13
7

834 Dec. 22
834 Dec.
6

Dec.

27

11

Dec.

27

1134 Dec.

4

12

Dec.

14

1134 Dec.

15

12

Dec.

1

1

99

Dec. *22

9

92

Dec. 22

13

Dec.

94

91

Sale

86

Dec.

13

Dec.

4

Dec.

4

934
Sale

734 Dec. 19
634 Dec. 20

834 Dec.
5
734 Dec. 29

834 Sale
734 Sale
734
834
734
834
5934 Sale

734 Dec. 20
634 Dec. 19

8

834 Dec. 29

104

Oct.

16

Jan.

20

9

10634 June 23
8834 July 28
8334 July 26

Jan.

Jan.

5
Sept. 22
Sept." 5
Sept. 2
Sept. 21

Sept. 21

Sept.18
434 Sept. 19
634 Sept. 19
434 Sept. 26

1334
1334
1234
1234

Mar.
Mar.
Mar.
Mar.

11
10
11
11

42
July 12
3634 june
7

50

Jan.

5

42

Mar. 15

54

May 31

Sept.
Sept.
Sept.
Sept.
7
Sept.
75
Sept.
5534 Sept.

8

44

June

15

634
634
434
534

Mar. 11

1734 Mar. 14
70

Feb.

28

1934 Aug.
1
1934 Aug.
1
10634 Mar. 17
107

Oct.

Mar. 10

3134 Mar.

1

1434 Mar. 11
1334 Mar. 11

634 Jan.
534 Jan.
7

5
2

103

Dec.

7

8

Jan.

1934 Mar.
Sept.

4334 Jan.

534
734
"634
634
634
434

June 22

59
55

9934 Apr.
50

7234 Dec. 30

Dec. 11

9

10154 Mar. 10
10134 Mar. 9
10534 Aug. 17
10634 Mar. 14
Jan.
105
4
10334 Mar. 10
3
10134 Jan.

Dec.

Dec. 29

58

Mar. 11

24
14
14
20
15

1534 Mar. 11
June
55
7

Dec.
Dec.
Dec.
Sept.
48
July
43 % July

7634 Dec. 27
1234 Dec. 16

May
Mar.
Mar.
Nov.
Mar.
Jan.

54

Dec.

Dec.

78

Mar. 15

134
134
134
134
134
5634
16

_

6134
60 34
7634
734

95

19

134 May 25
134 Mar. 15
1

6
28
22

8334 Dec.

Dec.

1134
9834

7 34

55

27

Sept.
Aug.
Oct.
Oct.
Sept.
Sept.

95

14%
12
Sale

1234
834
734

634
6%
3134
3134

86

7 34 Dec. 27
14 34 Dec.
7
834 Dec. 20
7

Dec. 22

.

9

1
834 Dec.
834 Dec. —#jt.
5
834 Dec.

11

1034
14%

12

rA
7

6134
60%
7634
1134
5534

"12""

10%
10%

1946

9

% Jan.
34 Jan.
34 Dec.
m Dec.
34 Sept.
% Dec.
34 Aug.
3134 Sept.

7
7

Dec.

83 34 Dec.
Dec.

Sale

1634
7234
34
134
134
134

56
85

68

73

"71""

8%

1968

18

Dec.

1

14

85

9234
Sale

19

_

34 Dec.

7334 Dec. 15

94% Sale

Oct.

May
34 Jan. 12
34 Dec. 20

34 Sept. 26

834 Dec. 29
834 Dec. 29

Dec.

Mar.. 2
Nov. 18
May 24
Jan. 12
May 25
June 14
Mar. 14

34 Feb.
34 Aug. 21

1

19

74

Mar. 21

25

34 Dec. 28

Dec. 28
Dec. 22
Dec. 13
Dec. 21
Dec. 21
Dec. 15

3934 Dec.

78%

8

l—1966

12

23

Dec.

1

734 Dec.
734 Dec.

8

3834
8034

11

53,000 ARhine-Main-Danube deb 7s ser a '50
698,000 ARio de Janeiro (City of) 8s—-1946
AExternal sec 634s
1953
2,600,000

46

Sale

34 Dec.
134 Dec.

15

7

3834 Jan.

Nov.

10

64

Dec.

Sale Prices

Sept.20
Sept.21

8

1534 Dec. 14

34 Dec. 22
34 Dec. 28

34
34
34
34
34

30

40

39
76

Dec.

Dec.

16
7

72

34 Dec. 20
1

Sale

834 Sale

38

10

168,000 APorto Alegre (City of) 8s
1961
AExternal loan 7 ms
1966
133,000
170,000 a Prague (Greater City) 734s
1952
174,000 APrussia (Free State) ext s f 634 s 1951
ASinking fund gold 6s—
1952
385,000
1,112,000 Queensland (State of) ext s f 7s. -1941
25-year extl s f 6s
Feb 15 1947
983,000

639,000

10

~

10% Sale'
10 % Sale
37% Sale

—

Rio Grande do Sul (State of)—
a8s extl loan of 1921
a6s extl sinking fund gold

7%
834

85

Sale
Sale
104
104 %
18% Sale

APernambuco (State of) 7s
1947
APeru (Rep) Sec s f g 7s
1959
—an&tkraal loan extra f 6s- r- .i960
ANational loan ext s f 6s
1961
APoland (Rep of) g 6s
1940
4ks assented
1958
ASta Dilization loan 7s
1947
342,000,
4%s assented
1968
453,000
AExternal s f 8s
1950
386,000
4%a assented
1963

12

Highest

Sale Prices

1934 Dec.
8
13
Dec.. 19

1

——

* ASmall

635,000
819,000
4,949,000
2,938,000
125,000
150,000
156,000

12

Dec.
Dec.

12

Sale

Lowest

Sale Prices

Sale Prices

17v
12

Saler

2,999,000 Milan City (Italy) extloan 634s-1952
Minas Geraes (State of, Brazil)—
635,000
ASec extl s f 634s
1958
477,000
ASec extl s f 6 34s
1959

488,000
1,218,000

Ask
Sale

17

Highest

66%

AAssenting 4s of 1904
1954
AAssenting 4s of 1910 large
AAssenting 4s of 1910 small
* ATreas 6s of' 13 assent (large) 1933

435,000
83,000
30,000

Ask Bid

22

Lowest

Sale

12

"idli Sale"

•

622,000
188,000

Dec. 30

7

-—1945

a4s of 1904

Bid

19%

40
23

38

Mendoza (Prov) 4s readj
1954
AMexican Irrigation 4%s gtd—1943 mn
a4hs stamped assented
1943 m N
AMexfco (u s) extern 5s 1899 £-1945 q
j

AAssenting 5s of 1899
AAssenting 5s large.,
AAssenting 5s small

Ask

Bid

m

Dec. 1

634
734

834
834

7

Dec. 29
Dec.

6

Dec.
Dec.

6
5

934

8

5534 Dec. 13
734 Dec. 29

Dec.

834
734
63 34
1034

12
20
15
29

Mar. 11

8

Dec. 20
Dec. 20

Sept.
Sept.
Sept.
Sept.
Sept.
Dec.
Oct.

25

Jan.

19

Sale

7
7

Jan.

11

6

634
634
3734
734

20
1

1534 Mar. 11
1534 Mar. 11
Mar. 11
j an.

9

June

5
9

1934 May 19

•

--1936
—1950
1956 m S

*a8s extl loan of 1921
a8s external j

190,000
1,371,000
a7s extl water loan
539,000
a6s extl dollar loan.
1968 j
1,265,000
ASec s f g 7s
--1940
3,235,000
1945
29,000 ASaxon State Mtge Inst 7s
ASinking fund gold 6 34s-Dec 1946 j
13,000
Serbs Croats & Slovenes

868,000
1,497,000

D

7

11%
11%
7%
7%
7%
7%
6% Sale
19

1962 M n

a8s secured external

Sale

::::: "27"

7%

10 %
8%

13

8%
8%
7%
2234
13 34

734
1334

9%

11
Sale
Sale
Sale

834

734

Sale
Sale
Sale
Sale
Sale

7

Dec.

14

734 Dec. 18
13
8

Dec.

4

Dec.

11

734 Dec.
2
734 Dec. 22

1334 Dec. 30
9

Dec.

7

834 Dec.
834 Dec.

4

634 Sept. 15
534 Sept. 27
834
634
634
634
1434

Sept.
Sept.
Oct.
Jan.
Sept.
634 Sept.

14
22

mn
J

d

25%

30

13
5

33

30~~

_

F

100 %

5
9

Sale"

52%
49

Sale

75%

Sale

51
42

43%
40
mn

13%

Sale

25

39%

55%

Sale
13%
—

—

—

80
5334

3634 Sale
59 % Sale

46
Sale

Yokohama

(City) extl

s

f 6s

AfN

45

14

Dec.

15

1534 Dec. 28

14

1134
1034
634
534
1434
7734
5134
3534
5434

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

28
18
15
18
19
11
19

14

89

Dec. *12

55

Dec. 80

4

39

Dec. 28

15

5934 Dec.

52

Dec.

11

52

Dec.

1
11

7 28
1034 Sept.
10
Sept. 22 2534
634 Dec. 15 33
5 28
434 Oct.
534 Sept. 26' 29
50
Sept 19103
47
Aug.
5934
333 Aug.
49
473 Aug.
60

25

4

Dec. 23
Dec. 19

16

12

Sale

1134 Sale
5

5

12
84

88

55

Sale

3834

39

Dec.

2

13

Dec.

4

7

Dec.

12

534 Dec.
6
1434 Dec. 19

Dec.

11

47

Dec.

11

47

Dec.

11

47

Dec.

11

Sale

4334

4434

4334 Dec.

16

4534 Dec.

5

4334
4534
Sale

42

Dec.

19

44

44

Dec.

14

4634 Dec. 16

45% Dec.
4834 Dec.

50

4134
4434
4734
3734
4534

4134 Dec. 11

45

41

j

d

37

39

F

a

41

Sale

J

J

a

36%
58

O

3934
41

miv

834

F

a

—-

F

a

-----

1961 j

d

55%

39.
31h
57%

Mar. 13

14

734
2334

47

44

Sale

18

1534 Mar. 11

Dec. 12
Dec. 12
Dec. 15
Dec.
1

5534 Sale
5234
49%
52
49%

44

51

Mar. 11
Mar. 11

14

10

30% Sale

143
14!

734
634
2034
13 34

Dec.

5

15

3
19
22

32

15

43

Jan.

—-

§&

50

8

9

"7"

7

5834 Sale

Sale

5

7

Sale"

5

Dec

7
9
27

Jan.
Jan.

Feb. 25
Feb. 15
Oct.
9
Jan.

Sept.
Dec.

Mar.

47

Dec.

Sept.

3

6
11
2

11

Jan.

17

47

Jan.

16

Feb.

20

44% Nov. 21
4534 Nov. 24
4934 Nov. 28

Dec.

27

9

41

Oct.

51

Mar. 11

1834 Mar.

25

2

634 Dec.
5
3 34 Sept. 18

34

Jan.

31

Jan.

4934 Aug. 26

~~

59

10

Jan.

37

9

634 De

5834 Dec.

Jan.

35

Dec

4

2534 May 15
25
May 11

49

4034 Aug.
40
Jan.

3754 Jan. 30
35
Aug. 23
1734 Apr. 11

1034 Dec

Dec.

Mar. 10

36

Dec.

634 Dec.
6

5934

Dec. 27

Mar. 11

14% Mar. 11

52

3^-4-4%% ($ bonds of 1937)

External conversion
1979
316,000
334-434-4'u% extl conv
1978
279,000
4-434-434s external readj
1978
573,000
334s external readjustment—1984
54,000
Venetian Prov Mtge Bank 7s—1952
61,000
1952
88,000 AVienna (City of) 6s
1958
159,000 AWarsaw (City) external 7s
a434s assented
1958
269,000

1,208,000

6

7

(Kingdom)—

a7s series b sec external
1962
49,000 ASilesia (Prov) extl sink fund 7s-1958
a434s assented
1958
78,000
1947
26,000 ASilesian Landowners Assn 6s
1955
563,000 Sydney (City) s f g 534s.-Taiwan Elec Pow 534s
-1971
744,000
1952
584,000 Tokyo City loan of 1912 5s
External s f 534s guar
1961
843,000
32,000 AUruguay (Rep) external s f 8s_-1946
AExternal sinking fund 6s
1960
62,000
AExternal sinking fund 6s
1964
20,000
3 34-4-4 34 % ($ bonds of 1937)
External readjustment
1979

2,881,000

J

7% Sale

60

May

67

Mar. 11

5
11

5

railroad and industrial
companies
1 061,000
160.000

170,000
707,000
261,000
73,000
336,000
130,000
72,000
127,000
3,506,000
2,504,000
5,574,000
31,000
739,000
359,000
783,000

3,287,000
46,000
575,000
4,543,000
1,325,000

-

♦jAAbitibi Pow & Paper 1st 5s--1953
Adams Express coll tr g 4s
1948
Collateral trust 4s of 1907-—1947
4^s stamped.-1946
Adriatic Elec Co external 7s
1952
Ala Gt Sou 1st cons 5s ser a
1943
First cons 4s series b
1943

J

d

f

a

65%
66%
103% 104

103%
103

A

o

j

D

105 %

j

D

103%

Albany Perforated Wrap Pap 6s_1948 A
6s with warrants assented

d

m s
J

60

o

48

5,595,000
7,040,000
3 34s debentures
1966 J d
6,166,000
161,000 Am Type Found s f debs 2 34-5s -1950 j J
Amer Water Wks & el 6s ser a—1975 miv
815,000

For footnotes, see page 30,




60

56

58

45
81

1948

Albany & Susq 1st guar 3 ms
Allegheny Corp coll tr conv 5s

1946 ao
1944 F a
Collateral and convertible 5s-.1949 J d
a5s stamped
-—-1950 a o
Allegh & West 1st g guar 4s
1998 a O
Allegh Valley gen gu 4s
--1942 M S
Allied Stores Corp deb 43^s----1950 a o
4 34s debentures
1951 f a
Allis-Chalmers Mfg conv 4s
1952 m s
AAlpine Monfcan Steelj7s
1955 M S
Amer & Foreign Power deb'5s
2030 m s
American i g Chemical 534s
1949 mn
Amer Internat Corp conv 534s__1949 J
J
American Telephone & Telegraph—
20-year sinking fund 534»
1943 miv|
334s debentures
1961 a O

53
4
47
4834 Dec.
54
Dec. 14
49%
5134
7 104
Dec. 12
10334 105
10334 Dec.
10334 105
Dec.
5
10334
10334
10334 Dec. 28 104
5 10834 Dec. 30
10734 10734 10834 Sale" 10734 Dec.
1
83
80
70
Dec.
85
70
Sale
Dec. 19
10634 Dec. 11 10734 Dec. 22
106"" 15734 107"" 10734 107
Dec.
9 10734 Dec. 27
70

60

7434

5
20

6034 Dec. 27

85

83

85

20

85

12

79

7834 Sale
6934 Sale
42

Sale

5334
10534
9934
9434
11034
13 34
6034

7834 Sale
70
6834
4234 Sale
5934

65
106
Sale
10034
9934 100
96
95
9634
Sale
11034 111
31
31
63
6334
Sale
10334 Sale 10234 Sale
Sale
103
Sale
104
Sale

106^

Sale
Sale

115

10934
10834
10734
10534

104

109

Sale

Sale
Sale

Sale
Sale

109

Sale

26

60

Dec. 21
Dec. 29
Dec.
1

7034
4234
5834
10634
10034
9634

3834 Dec. 28
5
5834 Dec.
10534 Dec, 14
5
9934 Dec.
7
96
Dec.
110
Dec. 22 Ill

Dpc.

1

Dec. 30
5
Dec.
Dec. 18
5
Dec.
Dec. 12
Dec.

5

1
6034 Dec.
6434 Dec. 26
10234 Dec. 28 10334 Dec. *9
1 10434 Dec. 11
10234 Dec.

108»««Dec. 21 10934 Dec.
10834 Dec.

10834 10834 10734 Dec.v 8
10834 sal®
10734 Dec.
7
10534 106
10534 Dec. 28
108
Sale
10734 Dec. 20

1

£7

10834 Dec. 22
Dec.

8

10934 Dec.

106

7

v

3434 Sept,
100

June

9934 June
10034 Feb.
35
Sept.

105
July 24
10434 July 18
10834 Dec. 30

85

Dec.

19

106

Dec.

10934 Aug. 22

102

Sept.

108

Nov. 20

3234 Mar.
Apr.

60

Dec. 21

32
72

66* Sept.
Apr.
22

Sept.

493 Apr.
10234 Sept.
93

Apr.

88
106

May
Apr.
1334 Nov.
48% Jan.
98

Sept.

9434 Sept.
105

Dec. 27

Jan.

Sept. 1
9934 Sept. 22
99
Sept. 23
10234 Sept. 12
9934 Apr. 18

Oct.

87
79

27

Sept. 22
Sept. 27

5034 Sept.28
60
108
101

97
112
40

Mar.

8

June
3
Oct. 13
Nov.

8

Mar,, 9
Jan.

6534 June

5
9

10334 Nov. 15
10434 Oct. 26
Jan.

12
8
12

112!
110!

June

110!

June

111!
109!

Jan.\13
Dec.

7

N. Y. STOCK

22

[Sales for

N. Y. STOCK

1939

PRICES IN DECEMBER

Price

II

EXCHANGE

1939

Anglo-Chilean Nitrate—
1 165,000

304,000
77,000
4.837,000

2,089,000

6,192,000
113,000
1.267,000
126,000
571,000
55,000

3,796,000
206,000
401,000
1.232,000
32,000
48,000

347,000

1,695,000
1,645,000
563,000
1,258,000

25 M Sale
30
34 M

Jan

iSinklng fund income deb
1967
tAnn Arbor 1st g 4s
July 1995 Q J
M S
Ark & Memp Bdge & Term 1st 5s '64
F A
Armour & Co4ss f ser B (Del)-.1955
1st M s f 4s ser C (Del)
1957 J J
Atcbinson Topeka & Santa Fe—

Gen g 4s
1995
Adjustment g 4s
July 1 1995
Stamped 4s
July 1 1995
Conv g 4s of 1909—1955
Conv g 4s of 1905
1955
Conv g 4s of 1910-----1960
Conv deb gold 4%s_.
1948
Rocky Mtn div 1st 4s A
1965
Trans-Cont Short Line 1st 4s gl958
Cal-Ariz 1st & ref 4%s ser A..1962
At! Knox & No 1st g 5s
1946
Atl & Char Air Line 1st 4%s A. .1944
1st 30-year 5s ser B
1944
Atl Coast L 1st cons 4s
July 1952
General unified 4 Ms series A—1964
10-year coll trust 5s. _-May 1 1945
L & N collat gold 4s
Oct., 1952
Atlantic & Danville 1st g 4s
1948

97

Sale
98 M Sale
98

L07 % Sale
89
90%
89 % Sale
91H
95

O

A

Nov

MN
D
D

J

92

D
D

J

J

J

M S
J

D

J

87%
LOOM
98 %
L08%
L08%
108%

J

93%
Sale

D

Sale

J

O

ACertificates of deposit
PLE&WVa Sys ref 4s_
Certificates of deposit

4,747,000

1,184.000
537,000

So'western Div 1st mtge

1,826,000

J

J

J

Sale

J

32%

2,887,000
6,835,000
11460000

1,358,000
25,000

5,624,000
2,431,000
3,275,000
622,000
252,000
9,000

1,380,000
13581000

1,362,000
271,000
4,000
23,000

J

J

nn

MN

102

A

Sale

O




30.,

96

110

Dec. 27
Dec. 23

76

Jan.

Dec. 28
Dec.
1
Dec.

75

Dec. 20

89% Jan.
72% Dec.
54
May
May
Apr.
33% Jan.
26% Apr.

Dec.

Dec.

IP

Dec.
Dec.

Dec. 22

52
98

July 28
37% Mar. 9
75% Sept. 14
1
106% June
46

Sept.

Dec.

19% July
59% Sept.
99
Sept.
48% Jan.

9

Sale

63

2

70

Dec. 30

Sale

29

Dec. 29

29

Sale

1
24% Dec.
5
24% Dec.
27% Dec. 22

29

Dec. 30

48

Dec.

9

82

Oct.

20

102% Nov. 13
73
Sept. 27
72% Sept. 27

Jan.

49

6

Jan.

72

Jan.

Dec. 15

70

Dec.

Mar.

85'

62% Dec.
65%
39%
30%
71%

103% May 31
103
July
3
111% June 20
3
112% June
115% Dec. 19
95% Dec. 28
97% Aug. 23
89% Mar. 8
71% Mar.; 9
4
81% Aug.

Apr.
98% Jan.
102% Sept.
100% Sept.

29

30

Dec.

4

30

Sale

24% Dec.

6

Sale

28% Sale
28% Sale

24% Dec.

4

28% Dec. 30
28% Dec. 29

Sale

29

Sale

24% Dec.
24% Dec.
15% Dec.
14% Dec.

-1

29

16%

Jan.

—4

16

21

28% Dec. 30
18% Dec. 30

Apr.
Apr.

20

9

Dec.

5

IV*
60

Dec. 30

Dec. 29

44

Jan.

57
47

Dec.

2

43

Jan.

62

Dec.

5

33

Jan.

46

Dec.
Dec.

6

34% Feb.

53% Sept. 27
52
Sept. 2l
Nov. 29
59

61

65

24-

30% Sale

16% Sale
15% Sale
60
52%

Sale

Sale

102
45

117% Sale
129% Sale

27

18

Sale

3.7%

Sale

60

Sale

57

57

Sale

45

45% Sale
45% Sale

Sale

56

76

50

52

,

I

35

Dec.

100% Dec.

71

80

36

Sale

73

72

Sale

75

Sale

101

100% 103

30% Dec. 30

55% Dec. 18
44% Dec. 27
42% Dec. 28

43% Sale

Sale

56

Sale

25%. t-28% Sale

57

85

A

73

Dec.
Dec.

12

Dec. 30

Dec. 30

56
8 102% Dec.

16
19

76

76

Dec.
Dec.

June
Jan.

Apr.

16% Jan.

t

10

June

1

38

100

1

73

Dec.

9

73

Dec.

45

Jan.

Nov.

Sale

84%
114% 115% 115% Dec.

116

Sale

133

Dec.

133

Dec. 18
Dec. 29

15

Dec. 28

15

Dec. 20

14

Dec. 28

130

Sept.
122% Sept.
110

Oct.

108% Jan.
98% Jan.
101% Jan.

39% July

130

135

18

VP

20

116""

84%

47% Jan.
16% Jan.
16% Apr.

40

10

In
3

10

Nov. 28

Mar. 17
6 119
8 136% Aug.
7

102

30

10

29

13

29

28

27%

10

22

13%

22

13

10

O

27%
29%
106% Sale
101% Sale
100% Sale

10

107%

Sale

105

M S
MN
A

O

F

A

J

J

106%
28%

Sale

Sale

106% Sale

28% Sale
27% Sale
9% Sale
48

Sale

108%
43%

Sale"

44

Sale

43

Sale

Sale

50

65

74

MN

108% Sale
•73% Sale

109% Sale
79

Sale

79% Sale
MAT

35

38%

"35*

ISI
42

63

Dec. 29

13% Dec.
108
105

Sale

"47"~

Dec.

9
1

Dec.

1

107% Dec. 14
100% Dec. 23
109

Dec.
Dec.

12

6
Sept. 14
7% Sept. 29
7% Sept. 22

13

Nov.

102% Sept.
96% Sept.
Apr.

Sept.
106% Jan.

4

24

Jan.

Dec. 30
44% Dec. 23
4
9% Dec.

25

Jan.

23

Jan.

44
44

May
Feb.

65% Dec. 26

64
57
Dec. 27 64
109% 108% Dec. 26 109%
Sale
1
79
Dec.
85%
Sale
1
79% Dec.
84%
41
38% Dec. 27 41
Dec.
5
38% 34
38
47%

58
MN

7
13% Dec.
14% Dec. 18
4
11% Dec.

9
13% Dec.
Sale
106% Dec. 27
Sale
5
104
Dec.
Sale
1
105% Dec.
Sale
8
99% Dec.
7
110% 108% Dec.
Sale
8
43
Dec.
Sale
43% Dec. 12
Sale
1
43
Dec.
Sale
8% Dec. 29

15

100

Dec. 29
18

Dec.

Dec. 30

57

Dec.

100% Sept.

30
28

June
5
Feb. 16

7

26% Jan.
28

108%
105%
114%
100%
109

46%
46%
46%
11%
65%

June 27
Feo.

2
13

June

Sept. 13
Dec.

23

Dec.
Nov.

12
9
9

Nov.

9

Nov.

Sept. 27
Aug.
5

64

Dec.

111

June

29
5

14
Dec. 13
Dec. 29

71

Oct.

34
34

Sept.

45

Dec.

38

Dec. 29

40

Dec.

85% Dec. 30
84% Dec. 14

Feb.

50

Aug. 17

VP

92

Mar.

Nov.

87

Dec.

Sept.

113*
115*

68

Apr.

Mar.

1

38
F

A

MN
MN
J

1966
1962

F

86
Sale
Sale

Sale

A

J

84%
80%
112%

Sale"
84

89%
85

113%
112% 112%
112
94%
95% Sale
105%
105% Sale
112% 112% 112%

D

Sale

108

84% Dec.

90

84

113% 112
Sale

O

Dec.

94% Dec.
104% Dec.
112% 112% Dec.
108%
Sale

39%

Sale

39% Sale

39

Sale

39

Sale

5

Sale

8

O
J

O
O
O

Sale
Sale
Sale
Sale

Sale

115%
Sale
Sale

118%

I17,*
Sale
Sale
Sale

Sale
Sale
Sale
Sale
Sale

60

106%
90

55

89%
18%
39
Sale
Sale

4%
4%
60

5

62

6%
69%

40% Sale
50
53%
Sale. 102% 103%
85
86
83%
Sale
103% Sale
Sale
106% Sale
103
102% 103% 107% 107%
107% 108
103% Sale
105% Sale
102% Sale
Sale
100
103% Sale
42

48%
102%
83%
99%

Sale

53%

Dec. 28
Dec.
7

102% Dec.
82

41

60

40

30

6%
3%

33
7

3%
Sale

&

at*

6%
3%
3

9%

5%

8

5

8

4%
4%

39% Dec.
1
39% Dec. 30
6

33
Sale

4%
3%
9
Sale

7%
6%

5

8

90
75

91

93
76

80

109%
109%
Sale

42

Sale

15%

Sale

15

m

Sale

"51""

Sale

58%

103% Jan.
72% Jan.
93

Jan.

107% Sept.
Oct.

26% Jan.
25% Jan.
4% Dec.

4% July
64% July
35
Apr.
47
Apr.

Dec.

1

51% Dec. 18
1 103% Dec. 21

Dec. 27

Sept.

11

42

Dec.

86

Dec.

2

92

Jan.

103%
106%
107%
107%

Dec. 29

80
84

Dec. 29

91

Dec. 29

Sept.

106

Dec. 28

88% Sept.
86
Sept.
87
Sept.

104%
103%
112%
62%
81%
107%
81

Dec. 28

Dec. 28
Dec. 27
Dec. 26
Dec. 23

Sept.
Sept.
Sept.
92% Sept.

103

Sept.

Dec. 26

50% Sept.
66
Sept.

Dec. 22

95

Dec. 26

67

72% Dec. 23

Sept.

Sept.
60% Sept.

99

3

12

July 17
Aug. 16
Aug.
2

105* Nov. 20
113% Oct. 18
110% Aug. 31
46
Sept. 27

45%

Oct.

9

10

Feb.

28

9% Sept. 27
75

Mar.

6

49% Sept. 12
60
Sept. 14
103 % Dec. 21
96% Jan. 10
117
July 20
117
July 17
121

June 10

120% June 12.
119% July 17
117
July 28
116% July 18
124% July 18
82%
100%
114%
100%
94%

Jan.
Jan.

21
23

Feb.

20

Jan.

20

Mar.

9

40

4
Dec.
6
Dec.
8
32
Dec.
4
6% Dec.
2% Dec. 28
2% Dec. 21

Feb.

45

105

Jan.

109

85

Apr.

96

Oct.

23

43

6 108% Dec. 16
Dec.
Dec. 29
96
Dec. 14

May
Sept.

52

Feb.

27

97

Mar. 16

Dec.

19% Jan.

18

Sept.
Aug.

33

Oct.

31
3

89% Dec. 18
8% Dec. 13

76

32

Dec.

8

30

8

Dec.

29

5

3% Dec.
3% Dec.

4

5

8

2% Dec.
2% Sept.
Sept.
2% May
Apr.
5

Dec. 30
4% Dec. 14
4% Dec. 29
5

5

Dec. 30

4% Dec. 14

100

76

106

5% Dec. 27

60

108
107% 108% 108% 109
92
95% 92
95%
93%
49%
42
55
89
86
86% "87%
86
8
11
10%
8

7%

Sale

38
49

Dec. 13
Dec. 12
Dec. 15
Dec.. 4
Dec.
7
Dec.
1
Dec.
4

108

37% Dec. 22
36% Dec. 22
4% Dec. 18
4% Dec. 19

9
98% Dec.
101% Dec. 12
8
102
Dec.
4
102% Dec.
7
100% Dec.
99% Dec. 13
Sale
Sale
103
7
99% Dec.
101
1
110% Sale 112% 113% 110% Dec.
60% Sale
59% Dec. 12
61% Sale
81
80%
79%
77% Dec. 13
78%
4
Dec.
107% 107% 105
105% Sale
80% Sale
79%
77% Dec. 11
78%
70
Dec.
2
70% 71% Sale
69%

Sale

MN

6%
6%
69%

112

Sale

Sale

Sale

89%
87%
113%
112%
95%
105%
112%

Dec.
Dec.

Sale

MN

-1954
1960

1942

82%

D

MN

2,162,000 Canadian Nat gold 4%s
-.1957
J
Gu iranteed gold 5s
July 1969
2,039,000
O
1,881,000
Guaranteed g 5s
—Oct 1969
A
665,000
Guaranteed g 5s
.1970
D
l,249.0b0
Guar gold 4%s
June 15 1955
2,275,000
Guaranteed gold 4%s._.
1956 F A
2,611,000
Guaranteed gold 4%s
1951 M S
J
J
1,569,000 Canadian Northern guar 6%s
1946
J
J
3,325,006 Canadian Pac 4% deb stock.—
M S
1,417,000
Collateral trust gold 4%s
1946
J
J
1,204,000
5s equip trust ctfs
— .1944
D
1,730,666
Collateral trust g 5s_
1954
J
1,349.000
Collateral trust 4%s
1960
J
16,060 t ACarolina Central 1st gu g 4s__1949
D
558,000 Caro Clinch & Ohio 6s ser A
1952
266,000 Carriers & Gen Corp deb 5s w w_1950 MN
18,006 Carthage & Adir 1st gu g 4s
1981 J D
491,000 Celotex Corp deb 4%s w w
1947 F A
64,000 ACent Br Un Pac 1st g 4s
-194S J D
7,000 t ACent of Ga Ry 1st g 5s__Nov 1945 F A
577,000
AConsol gold 5s.
1945 MiV
450,000
ARef & gen 5%s series B
1959 A O
619,000
ARef & gen 5s series C
1959
37,660
AChat Div. pur money g 4s—1951
51,066
AMacon & Nor Div 1st g 5s—1946
30,000
AMiddle Ga & Atl Div pui* m 5s'47
38,000
AMobile Div lstg5s_
1946
37,000 Central Foundry 1st mtge 6s.-.1941 M S
50,000
Central mtge 5s
1941 M S
69,000 Cent Hudson G & E 1st & ref 3%.*65 M S
60,000 Central Illinois LigKt 3%s
1966 A O
816,000 iACentralNewEng 1stguaMs.. 1961
1.970,000 {ACentral of N J gen g 5s
,.1987
433,000
AGeneral 4s
— .1987
614,000 Central N Y Power 3%s
.1962
2 687,000tCent Pac 1st ref guar g 4s
1949

For footnotes see page

13

Mar. 17

96

Jan.

5

June

96

Sale

1.3 %

40

J

Through St L 1st gu g 4s
Guaranteed 5s
Central RR & Bkg of Ga 5s

Dec.

89
99

7

24% Sale
24% Sale
28% Sale

Sale

J

822,000
ACertificates of deposit
180,000 *t ABurl Ced Rap & Nor 1st 5s..1934 A
69,000
ACertificates of deposit
34,000 Bush Terminal Ccf 1st 4s-__ —.1952
915,000
Consolidated 5s
1955
331,000 Bush Term Bldgs 1st 5s gu
1960

65,000
437.000
81,000

19

95'

58% Dec. 27
36% Dec. 26
29

4

Dec.
Dec.

86
80
Dec.
8
80
Dec.
4
82
80%
88%
101% 101% Dec. 15 101% Dec. 15
101% 101% 101
69
1
63
Dec.
Sale
Dec. 29
63
68
67%
Sale
4
70
Dec. 30
66
70
64
63% Dec.

Sale

-.1959 F

Rys—
1956
Bethlehem Steel 4%s series D..1960
Cons mtge 3%s series E
1966
3 %s s f conv debs
1952
Cons mtge 3 Ms ser F
1959
Big Sandy Ry 1st mtge 4s
1944
Boston & Maine 1st 5s ser AC..1967
1st mortgage 5s series II
1955
1st g 4 Ms series JJ
1961
J ABoston & NY Air Line 1st gu 4s '55
Brooklyn City RR 1st 5s.
1941
Certificates of deposit
Bklyn Edison cons mtge 3 Ms—1966
Bklyn Manhattan Transit 4Ms. 1966
Certificates of deposit
Bklyn Queens Co & Sub gtd 5s._1941
Certificates of deposit
1st 5s stamped
1941
Certificates of deposit

18

Dec. 20

99% July 28
7
100% Aug.

Feb.

Dec.
2
Dec. 28 109
Dec. 19 115% Dec. 19

Dec.

Mar.

91

14

Dec.

65
8
71%
68% Dec.
104% Dec. 12 106
105% 106
Dec.
1
48
47% 42
43%

Sale

42

40
33

4
96
Dec. 29 103%
8 100%
Dec. 27 110%

Dec. 20

71

Dec.

111% July 28
7
95% June

28

Sale

100

1955 A

32%
70%

Sale_

J

J

37%
30%

39% Sale

24%
24%
25%

Sale

6%s...

808,000 Canada Sou con gu 5s ser A

109
111
109
109%
108% Sale" 107% 108% 106%
115%
114% 115% 115
Sale
92
93
95% 91
95
99%
96% Sale
"76"" Sale
Sale
76
72%
Sale
61
58%
62% Sale

95

99% Sept.
85% Dec.
S dpt.
83

Sale

Sale

107%
98% Sale

J

Dec. 27

26

Dec.
9
Dec. 28
Feb.
7
June 22
June 21

Sale

Sale

Sale

J

97

Apr. 18 41%
30% Jan. 26 49%
98
91
Sept. 6
91% Sept. 5 101
91% Sept. 5 101

71
Sept. 28
34% Sept. 27
33% Sept. 27
37
.Sept. 27
36
Sept. 27
33% Sept. 27
32
Sept'. 26
33% Sept. 26
33
Sept. 27
26
Sept. 27
24% Sept. 27
62% Sept. 28

20%
Sale

5s—1950 r~j

1,783,000 Brooklyn Union El 1st 5s
1950
47,000
Certificates of deposit
2,068,000 Brooklyn Union Gas Co 1st g 5s 1945
1,036,000
1st lien & ref 6s series A
1947
2,682,000
Debentures gold 5s
1950
3,192,000
1st lien & ref. 5s sefies B
..1957
661,000 Buffalo Gen Elec 4%s ser B
1981
9,000 Buffalo Niagara Elec 3 %s ser C.1967
1,514,000 t ABuff Roch & Pitts cons 4%s._1957

4'

Sale

9

9

Sale Prices

19

41% Dec.
9
49% Dec. 28

Dec.

69

J

Sale

3,715,000 Calif-Oregon Power 4s

96

105% Sale

M S
J

City Electric deb 6%s__1951

Alst

96

95

96

30

Sale Prices

98% Dec.
1 100% Dec. 22
98
Dec. 14 100% Dec. 21

102
Sale
102% Sale
100% 100
100% 100

95%
103
100

76

Berlin Elec Elev & Undgrd

76,000

1939

Highest

104% Apr. 20 107% July

2

7

43% Dec.
95
Dec.

Dec.
Dec.

Sale

J

Dec. 30

36

94

64

J

Sale Price

94

74

.1941 MN

ADeb sinking fund 6 Ms

96

Sale

...

ADebentures 6s

96

94

Sale

First & ref 5s series C—
1960 A
748,000
Belvidere Del cons gtd g 3%s_..1943 J
J
ABerlin

195,000
142,000

94

64

Certificates of deposit
Toledo Cinn Div ref 4s A—.1959 J

185",666

"9l"*

90

75

953,000
387,000
536,000 Bangor & Aroostook RR 1st g 5s 1943
Con ref mtge gold 4s
1951
375,000
4s stamped
1951
413,000
1989
3,000 Battle Creek & Sturgis gu 3s
Beech Creek Exten 1st g 3 %s
1951
1,167,666 Bell Telephone of Pa 1st 5s B. 1.1948

YEAR

Lowest

1
105% 106% 104% Dec. 16 106% Dec.
8
85% Dec. 30 90% Dec.
85% Sale
85
Dec. 29
91
Dec. 13
86%
85%
93% Dec. 18 93% Dec. 18
97%

Sale

89' '

71

2000 MS

—

Sale Prices

Sale

78

ARef & gen 5s series F-_.____1996 M S
ACertificates of deposit. _s
AConvertible 4%s
-.I960 F A

15043 000

106%

Highest

106% Dec. 28 107% Dec.

36% Sale
49
43
45
49%
95
95
98%
98%
100% Sale
98% Sale
99
100%
98% Sale

37%

M N

^Certificates of deposit;

AKef & gen 5s series D
ACertificates of deposit

Sale

107

Sale

MN

6,065,000 JBalt & Ohio 1st mtge g 4s_ July 1948
1st mtge g 5s
July 1948 A O
3,153.000
Certificates of deposit
1,503,000
iRef & gen 5s series A
1995 J D
5,164,000
ACertificates of deposit
2,871,000
ARef & gen 6s series C
-.1995 j'D
3,750,000

r

110
112%

M S

819,000
TO
HA/r1
Qcia/wi/I Aa
1 QAti
Second 4s
1948
378,000
713,000 Atl Gulf & W I SS Line coll tr 5s_1959
1953
2,012,000 Atlantic Refining deb 3s
196,000 I* a Auburn Auto conv deb 4%s_1939
1941
149,000 Austin & N W 1st g 5s guar
231,000 Baldwin Loco Works 5s stpd—1940

2,133,000
2,068,000
1,506,000
3,276,000
"17403,-000

90%
Sale
Sale

J

J

% Sale

106%

I

Lowest

Ask

Ask'Bid

Bid

105% Sale

O

A

Anaconda Cop Min s f deb 4%s.l950

Dec. 30

Dec. 1

S
3.034,000

RANGE FOR

Jan. 3

fla.

BONDS

[12 Mos.

EXCHANGE;—BONOS

5

Dec. 29

fx

Dec.

2

81

Dec. 20
108
109
108% Dec. 14 109% Dec.
7
110
Dec. 26
109% Dec. 11 110
Sale
Sale
2
40
Dec.
44%
44K Dec. 30
18
Sale
14% Dec. 11
Dec. 23
Sale
12% Dec. 15
16%
Dec. 26
Dec.
6
109% 108% Sale 108% Dec. 11 1
Sale
Sale
71
71
Dec. 30
u* Dec. 18
67
67
Dec. 11
69
67
Dec. 11
"5l"" Sale
49
Dec. 28 52% Dec.
Sale
7
Dec. 11 58% Dec. 11
60% 57
57%

m.

12% Jan.
6% Jan.

10*1

6

Jan.

7

Oct.

21

5
6% Aug.
Sept. 26
8

Jan.

16

Nov.

107

Jan.

5

Apr.
104% Sept.
Oct.
108
24
Aug.

81

90

75

May 29
July 17

Dec.

42

12
Sept.
12% June
100
Sept.
64
Sept.
64
Apr.
40% May
48
Aug.

Dec. 20

111% Mar. 10
112% June 26
46

Nov. 18

28

Mar.

6

Feb.

1

24

15
77% Mar. 10

110

J ah.

9
72% Mar.
63% Mar. 11

60

Nov.

3

JAN., 1940]
Sales tor

N. Y. STOCK
8*8

12 Mos.

BONDS

1939

N. T. STOCK EXCHANGE

Dec. 1

1939

Bid

Bid

184,000 Central Steel 1st sink fund 8s—1941
1,181,000 Certain-teed Prod s f g 534 s A..1948
Champion Paper & Fibre—
Sf deb 4Ms (1935 issue).
187,000
1950
S f deb 4Mb (1938 issue)
411,000
1950
Chesapeake & Ohio Ry—
General gold 4Ms
1,195,000
----1992
Ref & impt mtge 3Ms ser D—1996
3,382,000
Ref & impt mtge 334s ser E—1996
2,501,000
Ref & impt M 3 Ms ser F
346,000
1963
9,000
Craig Valley 1st mtge g 5s
1940
Potts Creek Br 1st 4s
1946
104" 666
R & A Div 1st con g 4s
1989
11,000
2d con gold 4s
— ---1989
Warm Springs Valley 1st g 5s -1941
1,000
2,284,000 AChic & Alt RR ref g 3s
1949
2,464,000 Chic Burl & Q 111 Div 3 Ms——1949
Illinois Division 4s
1949
2,039,000
3,746,000
General 4s
1,040,000
1st & ref 4Ms series B__
1,589,000
1st & ref 5s series A
73,000 *X AChic & E 111 1st cons g
4,159,000 t AChic & E 111 Ry g 5s
723,000
ACertificates of deposit
96,000 Chic & Erie 1st gold 5s

5,449,000 t AChic Gt Western

M N
M S
M S
M S

M S
MN
F

A

Ask

115

115M
Sale

lllJi Sale

104
99M 103M

104M Sale
104 M Sale

79%
100

118 Ji

118
96

Sale

95 %

Sale

A

O

J

J

J

J

13 M
98 M
103 M

Sale
Sale
Sale

99

Sale

F

A

1971

F

A

92 M
95 Ji

Sale
Sale

A

O

98

100

MN

22 H

MN

21 Ji
80 M

Sale
22 M
90

M S

24

Sale

J
146,000 X AChic Indianap & Louisv rf g 6s 1947
J
ARefunding gold 5s sot B
1947
ARefunding 4s series C
1947 3 J
Alst & general 5s series A——1966 M N
744,000
J
419,000
Alst & gen 6s series B—May 1966 J
129,000 Chic Indiana & Sou 50-yr 4s—1956 J
--1969 J
20,000 Chic L S & East 1st 4Ms
1,766,000 X AChic Mil & St P gen g 4s ser A.1989 J
AGen g 3 Ms series B—-May 1 1989 J
555,000
AGen 4Ms series C—-May 1 1989 J
I,710,000
AGen g 4Ms series E---May 1 1989 J
884,000
AGen 4Ms series F—May 1 1989 J
455.000
II,213,000 X AChic Mil St P & Pac mtg 5s ser A 75 F
AConv adj 5s_.
Jan 1 2000 A
10,209,000
880,000 XAChic & No~W«it gen 3Ms —1987 MiV
AGen era 1 4s
—
MA7
1,172,000
187,000
AStpd non payt Fed inc tax. 1987 MiV
341,000
AStpd gen 4Mb non-pay inc taxl987 MIV
AGen 5s stpd non pay inc tax. 1987 MiV
1,183,000
AGeneral 434s stamped..
1987 MiV
11,000
*
a 15-year secured 6 34s———1936 M S
834,000
Alst & ref g 5s_.
1.004,000
--^7 2037 J D
Alst & ref 4Ms stamped.May 2037 J
1,530.000
D
Alst & re 4 Ms ser O
1,359,000
May 2037 J D
AConv 4Ms series A
7,954,000
-.1949 MIV
*X AChicago Rys 1st 5s stamped
Feb 1 1938 25% part paid—1927
200.000
3.139,000 X AChic R I & Pacific gen g 4s—1988
ACertificates of deposit
....
183,000
2,956,000
♦ARefunding gold 4s—-1934^ o
ACertificates of deposit
----'
1.752.000

1952

♦ASec gold 4Mb series A
ACertificates of deposit

1960

AConvertible gold 4 Ms

49.000 Chic S L & N O gold 5s
Gold 3 Ms
10,000
June

re-195J
15 1951

36,000
Memphis Div 1st 4s————1951
342,000 Chic T H & S'east 1st & ref 5s.-I960
Income guar 5s
...Dec 1 1960
483,000
Chicago Union Station—
Guaranteed 4s
...----1944
339,000
1st mtge 4s series D —
651,000
1963
1st mtge 3 Ms series E
2,113.000
1963
3 Ms guaranteed
1951
1,063.000
2,308,000 Chicago & Western Indiana 4s.-1952
1st & ref mtge 4M» ser D
1962
1,635,000
—
1943
1,087.000 Childs Co deb 5s

13 Ji
15

10M
5Ji
5h

63Ji

14

M S
A

O

J

J

J

J

M 5
J

J

M S
A

91 Ji
79 M

Sale
Sale
60M

27 M

Sale
11M Sale
3M Sale
16

16,000

5,000

"7'6OO
12,000

14,000
269.000

1,322,000
2,278.000

1,638.000
6,000
225,000
406,000
2,512.000
6,771.000
756,000
8,494,000
32,000
13,000

a5s income

—1970

mtge

Colorado & Southern 4 Ms ser A. 1980
Columbia Gas & Elec deb 5s——1952
Debenture 5s
Apr 15 1952
Debenture 5s
Jan 15 1961

J

J

J

6

63i
64 M
112M
23 %

21

6M

Sale
Sale

Sale

Sale

2,297,000

1st mtge 3 Ms series
Conv deb 3 Ms

I

11%
10 M
10 M
5M

Sale
Sale
Sale
Sale

44 H
18 M

16M
834

48
Sale
47
Sale

8%

Sale
9
Sale

104 %
107

105 %

105)4
101^
88 Ji

Sale

88

Sale
Sale

Sale
89




96

Dec.
Dec.
Dec.
Dec.

115

Sale

74

J

W

MN

Sale

106 Ji
103
Sale

Sale

P

Sale"

105

Jan.

11

108

*Oct.

118

July

20 103 M Dec. 20

103

Oct.

111

14
Feb. 24

Oct.

103

Oct.

Aug.

16M Dec. 29
101M July 13
104M June 7

1 114

Dec.

5

16H
96M
15 100H
15
91H
15

Dec.
Dec.
Dec.
Dec.

67
112M 114

6M
2

Sale

26

Sale

13M Sale
13M Sale
15

10
Sale

9M
8M
a?%
3% Sale
49

6

Sale
17M
Sale

5M Sale
6M Sale
5M Sale
2
2M

\r>
16

Sale

15M
Sale

14M

15

17 H

Sale

8%
9M
9M Sale
9M Sale
3M Sale
45M
13 M
12 %
5M
5M
7

54M
Sale
Sale
Sale
Sale
Sale

5M
6M
2M Sale

82

70

7
94

98

60

62 M
52

Sale
53 %

97

4

Dec.

27

Dec.
Dec.

7
1

6M Dec.

4

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

6

24M
24M
24M
6M
1%
12M

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
13M Dec.

19
19

26 M
26 M

19

26 M
7 H

27
13
7

13
13

Dec.

13

2M
13 M
14 M
14 Vs

Dec.

19

15

13M
13 M
15M
8M

Dec.
Dec.
Dec.
Dec.

12

16 M

8
14

100

1

59

1

111

8

Dec.

13
12

103

Feb.

8

50

63 M

65 £

60

20

64 M

"53M

Sale

51M

66

62

9

29

1

95M

98
Sale

108

102 %
103
105
82 M
85

Dec.

6

6M Dec. 30

5

19

6

6
7M Dec.
6M Dec. 29
2M Dec. 29

4M Aug. 29
5
Apr.
8

88 H

78 M Sale
73
Sale
103
110

8iM
74 M

50

Dec.

104M

105M

70

36M

Sale

Sale

104

Sale

93
109

Sale

104 M
104 M
110

Sale
Sale

109 M

Sale

98 M

i09M

26

Jan.

25 107

87

65

102 X Sept

103

33 M
104 M

70
Sale
Sale

104

104 M
110

Sale

82 X
88 H
78 M
73
110
105
68

Dec. 29
Dec. 27
1

83 % Dec. 19
4
91M Dec.
82 M Dec. 12

Dec.

1

76

Dec.

4 110

Dec.

Dec.

Dec.
4
6 105 M Dec. 26
Dec>21
4
70M Dec.

31M Dec?> 26
103 H Dec.
103 % Dec.

103 H Dec.

38
Dec.
7
18 104 M Dec. 29
13 104M Dec.
1
4 104 M Dec.
1

109

Dec. 28 109M Dec.

110

Sale

109

Dec.

Sale

128
80

Sale

123

Dec.

Sale
Sale

106

106 Ji

Sale

108
107 H

Sale

106M Sale

106

Sale

Sale

107

105M

Sale

107 %

Sale

109M Sale

Dec.
105M Dec. 18 108
2
106M Dec.
4 109M Dec. 30

22

103 M

13M
13 M

1955

24 h
Sale
16
29 M

1955

11

104M Sale
15M
17
15 M Sale
13

1956

13 Ji
50

1960

"26""
58

13
61

18M
Sale

105
11
11
11
11
59

14

12

105M 104
15
16M
15

16M

15

61

59

8 108

Dec.

1

Dec.

2
12
Dec.
2
1 105M Dec. 27
Dec. 27
17
Dec.
7
Dec. 15
16M Dec. 13
Dec.

Dec.

MN
MN

107 M 108
107 M Sale

MIV

108

Sale

MIV

108 M

MIV

104 M

Sale
Sale

105«„106M
106 M Sale
109
109M
108M 109
106 M 107

105 H

Sale

4

100M June

18
Dec. 20

16

Dec.

12

61

Dec.

1

6

24
97 % Oct. 13
105 M Sept.
5 111M Mar. 13
106 M Feb. 24 106$ Feb. 24

107M Dec. 22 108 % June 22
105
Feb.
9 107 M Mar. 17

3 106
101M Oct.
Apr. 28
Apr. 11
93

I!*
75
68

Jan.

26

Apr.

10

Aug. 22

Mar.
Oct.
85 M Oct.
79 M Mar.

11

17

17
13

7 110
106^ Jan.
Dec.
4
100 M Sept. 12 105 % Dec. 26
June 30
45
Sept. 25

26
92 M
94
92 %
109 M
108

ir4

2
Mar. 10
3 104 % Dec. 29
3 104 % Dec.
1
Jan.
3 104 % Nov. 17
Feb. 24 114M June
2
Nov.
8 114
July
6

Sept.

Jan.

Jan.

5 111
14 128
1041
89% Nov. 14 89
106
Nov. 18 113

105 %
103 M
99 M
99

25

May 23
Dec. 30
Mar. 16

July
July

20

Sept. 13 109
20
Mar. 11
Sept. 1 110
Nov. 21
Sept. 6 107
Sept. 5 108 M Nov. 17
98% Sept. 26 108
Feb. 28
98% Sept. 26 109 H June 20

12
Dec.
2
22% Mar,
99M Sept. 5 106 % Aug.
8
May 16 17
Nov.
9
Apr. 22
16M Dec.
10 H June 21
18% Oct.
3
9% May
16 M Nov.
44M Feb. 21 67
Sept.

»

1965
1965
1967
1970
1966

29

Sept.

12 109 M Dec. 27
105% Dec. 22 107M Dec.
4
Dec.

Dec.

Aug. 31

4
Mar. 10
63 M **ar. 11
58
May 22
70
Mar.
8

Sept. 12 110M Jan.

105 M

Sale

Jan.
Jan.

1
-

100

108 H Dec.
Sale

Sept,

June 20
Dec.
8

]06

92

109M

Jan.

11
12
7

Jan.

7

109

108 M
107 M

23

77
85

4 110M Dec. 22
1 128M Dec. 30

108M

109 M
105 %

67

13

46 M
59
96
90

6

Dec.

Sale
95

8

Dec.

42

53 H Dec. 30
51M Dec. 30
66
Dec. 19

109 M
123
87

——■

Mar.

77

48 M Dec. 27
46 M Dec. 29
7
60
Dec.

17

29
29

21 110M June 16

Sept 25 111

63
62

Dec.

27
5
27
28
27
10
10
17
27
14

13
Mar. 15
Feb. 10
Feb. 10

15
11H July 15
Sept. 21 111M July
108% Oct. 23 111M July
4 103M July
100M Jan.

5 108 X Dec.

13

79

100

19 108M Dec.
8
67
Dec.

Dec.

Dec. 18
Dec. 27

4
10

Mar. 15

101M Sept. 11 109 M Feb.
99M Sept. 6 110
July
100
Sept. 6 106 M May
86 X May 22 97
Mar.
46

11

Jan.
Jan.
Sept.
Jan.
Sept.
9
Sept.
4M Sept.
83 M Mar.
69 M Aug.
63 M Feb.
70
Sept.
58
Sept.

Jan.

111M
109 % Sale

108M
108 %

108M
109

—.

69

8

Jan.

18M
16M
9M
8%
10M

43

111M
109 M 110

——.

Sale

84 M
89 H
82 M
Sale

Apr.

Nov. 14

57

104

107 M Dec.

62

3

52M Dec.

Sale

3
4

61 % Dec.

107 M Dec.
67
Dec.

Jan.
Oct.

1

1S107M Dec.

Dec.

Sept. 27
Sept. 27

Jan.

19

106

105

Sale

109 M 110

4

2

Apr. 17
July 19
54 M Aug.
3
49
Apr. 11

102 H
104 M
80

13
8

70
67

59M Dec.

3

118

22

27

24

Jan.

4
12% Jan.
Sept. 27
Sept. 27
6% Sept. 27

10M Apr.
Apr.

27
27
27

17

44 M Sept. 1
10
Aug. 24

95 M 100
95 M Dec.
95M Dec.
Dec.
108M 109M 109
110M Dec.
107 M
105M
106 M 108
107 M Dec. 22 107 M Dec~. 22

Sale

90

19

5

2

10
27

20

5

101H
109

11*

15

Dec. 28

May
Sept.
Sept.
Sept.
Sept.

18% Sept. 27

Dec.

21

6

9

3
16 M Sept. 27

14

Dec.
Dec.
Dec.
Dec.

6

Mar.

Jan.

15M Dec.

5M
4M
5%
4M

5

Dec.

12

46 M Dec.

Dec. 21

9
8

Dec.

30x8 Oct.

Dec.

12

7

Dec.

Sept.

r

30
29

25

Dec.
Dec.

Apr.

44M Dec. 28
13 M Dec. 27

106M Dec.

64

31

4

Sale

67 M
85
Sale
Sale

28

May
Apr.
Apr.
9M Sept.
10X Apr.
Apr.
11 u Aug.
5M Apr.
5M Apr.
5M Apr.
2 H Aug.

Dec. 28
17 M Dec. 30
9M Dec. 26

Sale

75

31

19M
5M
lVs
9%

6
29

1 106 M Dec.
5 107 M Dec.

108M 109

Sale

Sale

108

19 H Apr.

7
29

30

9M Dec.
9M Dec.
3M Dec.

8M Dec. 14
8
3M Dec.

106 M 105 H Dec.

108

84

"53""

18
Sept.
18
May
18 M. May

6

14

103 M

108
75

16M
8M
8M
75
112M

Dec.

109 M

64

Aug.
2 X Sept.
3
May

6

Oct.

It"

9M Feb.
10

14

14

88

24 M Sept. 27

Apr.

Dec.

24

3
22% Jan.
21H Sept. 27

Aug.

15M Apr.

17M Dec.

8M
8M
59
Dec. 28
64 M
1 112M
112M Dec.
23
Dec. 18 25M
21 % Dec. 26
23 M

■

80

16 M Dec.

17

Feb.

12 M Apr.

Dec.
105H Dec. 30 106
90
87 M Dec. 19
91M Dec.
90 M Sale
90
87
Dec. 18
90 M Dec.
81* Said
59 M
49
46
Dec. 27
55M
55 m Dec.
12
12
Dec. 11
12 M Dec.
12M
12M
13M
108 H 109
108 H 109M 108 X Dec. 11 109
Dec.

60

17

Mar.
8
94 M Mar. 19
99M Mar. 10
9
118m Dec.

12 M Mav

54 M

51

106 H
105M Sale
107 M 107 M 107
Sale
106
107 X
105 M
105M 106
88 H
91M Sale

108

107M Dec. 19

100

78H Dec.

67

60

Dec.

13

Sept.
Sept.

85
Dec.
74 H Dec.

80

55
59 M
52

15

26 M
28
Sale

Sale

14 M

58 M

25

Sale

9

V
Sale

28 %
35
Sale

94

109

1

125 M July 12
100 M June
6
100 % Aug.
5

16

17M

Sale

"16""

105

Sale

7

Sept. 6
92
Sept. 5
91M Sept. 5
100Sept. 6
100M Sept. 26

104M

78M

debentures
3Ms debentures3M8 debentures

For footnotes, see page 30.

-

88 M

3 Ms

ADebentures 4s
—J&J
133,000
ADebenture 4s...
A&O
4,000
ADebenture 4s
90,000
481,000 Consolidation Coal s f 5s
Consumers Power Co—
1st lien & unif mtge 3 Jis.
743.000
1st lien & unif mtge 3 Ms
728,000
1st mtge 3 Ms
;
459.000
1st mtge 3 Ms
1,720,000
1st mtge 3Ms
2,624,000

88

107% 109%

Dec.

99M Dec.

Sale

67

Sale
49 Ji

A

1948
1956
1958
AConsol Hydro-Elec Wks of Upper
Wuerttemberg 1st 7s
1956
32,000
4,896,000 Consolidated Oil conv deb 3M8-1951
1954
214,000 ^Consolidated Ry deb 4s
5,490,000

1,322.000
2,767,000

103 M Dec.

10M Dec.

Sale

"UVs

Sale"

A

1958
24775000
8,000 Conn & Passum Rivs 1st g 4s—1943
12,000 Conn Ry & Lt 1st g 4 Ms
1951
Stamped guar 4MB
—1951
43.000
424,000 Conn River Power s f 3Ms A—196'
2,315,000 Consol Edison (N Y) deb 3Ms—1946

124M
99 %
99 %
107H

Dec.

94

ik*
22

14M

78

85

1968

113

96 M
Sale

25

23 %

!4M

F

J
J
Columbia & Hock Val 1st ext g 4s '48 A O
Columbus & Toledo 1st ext 4s__ 1955 F A
MN
993,000 Columbus Ry Pow & Lt 4s
Commonwealth Edison Co—

Dec.
Dec.
Dec.
Dec.

Sale

Sale

Sale

14

"19" Sale"

16

95 H
100 %

Sale

14

A

O

111M 118
103M 110

Sale

Sale

J

A

Sale
Sale

13

Sale

A

MN

121M
98 M
98M
104M

100 H Apr. 21 104 H June
100
Sept. 6 104 M June

109

14H

MIV

F

99 Ji
99 Ji

19

105

A

Sale

107 M
101

16

Sale

J

A

'

Highest

Sale Prices
Sale Prices
108
Oct. 23 115M Feb. 27
86
Mar. 11
68M Sept. 1

Sale

A

F

124

16M

16 M
19

A

J

7
4

104M 104Ji 104M Dec.
9 104M Dec. 19
Sale
102M Dec, 29 104M Dec.
J

Sale

Sale

O

J

Sale Prices

102 M

14"

16 M
16

Terminal—
478,0001
1st mtge guar 3 Ms series D—-1971 MN 107% Sale
462.0001
1st mtge guar 3 Ms ser E—----1969 F A
J
2,000 Clearfield & Mahon 1st gtd g 5s.1943
37
"65"
1993
D
580.000 CCC & St L gen g 4s
Sale
76
General 5s series B—
-1993
D
4,000
77
88
Ref & impt 4 Ms series E——1977
Sale
4,437.000
J
60
Cin W &M Div 1st g 4s..-—1991
J
55
58,000
60
St Louis Div 1st coll trust g 4s_l990 MN
189,000
62
69Ji
Spring & Col Div 1st g 4S----1940 M S
85,000
96

1,214,000

1

112'3j 112M 111M Dec.
l'll2nJtDec.
74 M
72
Dec. 27| 78
75 Ji
Dec.

11M

26 Ji
24

Sale

Sale

Cincinnati Union

1940
Cleve Elec Ilium 1st M 3 Ms—1965
Clev & Pitts gen gu 4 Ms ser B—1942
Series B gu 3 Ms
1942
Series A gu 4Ms
1942
Series C gu 3 Ms
1948
Series D gu 334s—
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 5 Ms A-1972
1st s f g 6s series B guar
1973
1st s f 4Mb series C—
1977
Coal Riv Ry 1st gu 4s
— —1945
Colo Fuel & Iron Co gen 8 f 5s—1943

Sale Prices

*

22

75%
7834
58.000!UChoc Okl & Gulf consol 5s—1952 MN
11%
1334
709,000,Cine Gas & Elec 1st mtge 3MS-1966 F A 10834 108 Ji
60,000
1st mtge 3 Ms
—1967 J D 11034 111%
45,000 Cin Leb & N 1st con gu g 4s
1942 MIV, 100 % 101%

W W Val Div 1st g 4s—

YEAR 1939

Lowest

89 H Sale
85
Dec.
80
Sale
74 H Dec. 19
80
Dec.
85 M Sale
84
85
•78% Dec. 21 85M Dec.
114
118M 117
9 118M Dec.
H8M 118M Dec.
Sale
19
19
Sale
18
Dec. 27
19 M Dec.
18M Sale
18H Sale
17M Dec. 27 19M Dec.
Sale
84
83 M
88
1
84
Dec.
87 M Dec.
22 M Sale
23 % Sale
1
22M Dec.
24M Dec.

Sale

63 %
60
56 %
45

D

100

Sale

D
D

Sale

Sale"

4

J

Sale

28
28

74

J

11

26%

D

J

Sale

95M

24 %

MN
J

Highest

103

Sale
-----

8

M S

....

RANGE FOR

Lowest

109 M

M S

-----

30
Ask

109
103

104
M S

1977

---1982
1st 50-yr 4S.1959

Sale

123M 124
98 Ji Sale
98 Ji Sale
104 Ji Sale

113

111M

Dec.

Ask Bid

101

1958

6s—1934
1951

77

109

105

163,000
46,000

2,101,000
708.000
2,449.000

PRICES IN DECEMBER

Price
Jan. 3

ft

S

EXCHANGE-BONDS

4

|

7
2
22

13
10
22
12

—.

105H Dec. 22 105M Dec.
4 103 % Sept. 22 111
May
107 M
106M Dec.
1 108
Dec. 14 100$ Oct.
4 109 ^ Nov.
Dec. 16 109M Dec. «9
108M 109 M 108
100M Sept. 22 110M May
109 M Sale
108
Dec.
6 110
Dec
29 100
Sept. 22 111M May
106 M 106 M 105M Dec. 12 106M Dec
4
97M Sept. 25 109% May

11

17
23

22
25

N. Y. STOCK

24

1?
S'p*

Sales for
12 Mos.

BONDS

1939

n. y. stock exchange

si5

1,992,000

f g 6s 1946 J D
1943 J D
Continental Oil conv deb 2 K8--1948 J D
Crane Co s f deb 34£s
—1951 J_D
Container Corp of Am
Deb gold 5s

Crown Cork & Seal

s

1st

s

f 4s

615,000 Cuba RR 1st 50-yr g 5s
319,000
7K® series A extended to
6s series B extended to
118,000

800,000
8,008,000
136,000
132,000
72,000
194,000
116,000
2,980,000
374,000
846,000
1,372,000
1,831,000

127,000
13,000

1,178,000
1,107,000
260,000
34,000
34,000
782,000
315,000

1,016,000
244,000
1,799,000

33 H

38M
44

O

Del & Hud 1st & ref 4s
1943 MN
J
Delaware Pr & Lt 1st M 4Ks—1971 J
1st & ref 4Ks
....1969 J J
lstmtge gold 4 Ms
1969 J J

Denver Gas & El 1st & ref 5s... 1951 MN

Stamped as to Pa tax
t* ADen & Rio Gr 1st cons g 4s_.1936
*
iConsol gold 4mb
—1936
t iDenv & R Gr West gen 5s Aug 1955
iAssented (subject to plan)
iRef & imp mtge os ser B
1978
t iDes Moines & Ft Dodge 4s—1935
Certificates of deposit
f ADes Plaines Val 1st guar 4 Ms-1947
Detroit Edison—
Gen & ref 4Ms series D
1961
Gen & ref mtge 4s series F—1965
Gen & ref mtge 3MS series G.1966
Detroit & Mack 1st lien g 4s
1995
ASecond gold 4s
1995
Detroit Term & Tun 1st gu 4Ms 1961
Dow Chemical deb 3s
.1951
Duluth Missabe & Iron Range
Ry 3Ms..
1962
t* ADul So Shore & Atlantic g 5s_ 1937
Duqueshe Light 1st M 3Ms.—1965

MN
J

J

J

J

F

A

821,000
10288000
34.000
10667000

350,000
249,000
33,000

372",666

consol gen lien

106
104 M

J
M S

Sale
Sale

36
Sale

63

Sale

I04M

101

Sale
107
106 M 106,
106 M 106 >
15M Sale
14 M Sale

Sale
Sale

6

Sale

o

1*

33

22

A
O

112M

Sale

111M

Sale

M S

111M

F
A
J

D

J D
MN

J

D

A

O

J

J

J
D

A

O

MIV
J

J

F

A

MN

55
59
97 K
99 M
106
106 M
45
20

105 M

Sale

16 M

Sale

110M Sale
102 M
84 M
134 M
106 M
105 M

105
90

138M
Sale

106 M

50

75

50

AO

95M

102
102

43M
21M Sale
Sale

21

15M

*ARef & impt gold 5s ser 19271967 MN
*ARef & impt 5s series 1930--1975 A O

"14""

AErie & Jersey 1st s

f 6s_
1955 J J
6s—1957 J J
aN y & Erie RR ext 1st 4s... 1947 MN
*A3d mtge 4 Ms
1938 M S
Ernesto Breda Co 1st mtge 7s—1954 F A
Fairbanks Morse deb 4s
-—1956 J D

42 M

AGenesee Riv RR 1st s f

41
85
50

I64""

M s

23
23

100M

762,000
Federal Lt & Tr 1st s f 5s
1942
201,000
5s International series
.1942
9,000
First lien s f 5s stamped
—1942
216,000
1st lien s f 6s stamped
1942
401,000
30-year deb 6s series B
1954
151,000
Firestone Tire & Rubber 3M8--1948
5,523,000
25,000 JiFla Cent & Peninsular 5S-...1943
1959
603,000 JFla East Coast 1st 4Ms—
Alst & ref 5s series A
1974
5,013,000
ACertificates 01 deposit—
Qifi nnn
Auertmcanes of deposit..
AFonda Johns & Glovref 4 Ms 1952
Proof of claim filed by owner—
4,000

M S
M s

M s
J D

14

Sale

Sale
Sale

94

"77M
Sale

"99""

95

100M 101M
Sale
103
90
87 M

A

O

J

J

38

J D
M S

RANGE FOR

Lowest

Ask
Sale Prices
Sale Prices
Dec. 12
104M Dec. 13 105
102 M 101M Dec. 13 102 M Dec. 28
Sale
109 M 109
109
106 M Dec. 20 109 M Dec#
2
Sale
105
104 M Sale
104 M Dec. 28 105
Dec.
1
104 M 105 M 105
Dec. 20 105 M Dec.
105 M 105
5
102
102 M Sale
102 M 101M Dec.
7 103 % Dec. 26

102 M
29 M
37M
44 M
35

105

Sale" 101M

Sale

103

Sale

29

Sale

47 M

38 M

103 M 102 M Dec.
1 103 M Dec. 27
Sale
28 M Dec. 31
31
Dec. 19
36
Dec. 13 37 M Dec.
37 M
34
1
42 M
45
42
Dec. 27 46
Dec.
4

31" M

32 M

32

Dec.

27

36

Dec.

Sale

63

55

64M
9M Sale
9M Sale

6

Sale

Sale Prices

109

110

109

104 M

105M 106
108 M

63

Sale

108 M
106*»82107 M
106213J107M

Dec.

104 M Dec.

18 109

Sent.

50
107

Dec.

Sept.
Sept.
Jan.
Jan.
Sept.
Sept.

7

Aug.

104M
106M

5 104 M Dec.

-

8M
8M
2M

2M
6

Sale
9M
4M
Sale
6M

4M

5

Sale

9M
10 M
2M
2M
6M

Sale
4M
Sale
Sale

3M

4

8
8

Dec.
Dec.

9

13

2M Dec. 11
2M Dec. 12
5M Dec. 27
3M Dec.

19

9M
10 M
2M
2K
6K

Dec. 29
Dec. 30
9
Dec.
6
Dec.
7
Dec.

4M Dec.

7

49 M

45

Sale Prices

Apr. 10 105 M Mar.
May
2 102 M Dec.
Aug. 25 114K Sept.
Sept. 8 106 M May
101K Oct.
2 106 M Feb.
100M Nov. 10 103 H Dec.
97 H Sept. 8 103 M Dec.
25 M Aug. 25 37 M Sept.
31M Aug. 28 42 M Sept.
36
July 17 49
Sept.
26 M Aug.
1 41
Sept.

100
96
103 M
100

103

8 107
Dec.
105M Dec.
54M Dec. 27 64 M Dec.

Sale

1939

Highest

104K
104 K

106 M
62 M

106 M

YEAR

Lowest

Highest

Ask Bid

104 M
102

.

Mar.
Mar.

26
25
11
6
12
11
8
9

Aug. 29
Mar.

8

May 31
Oct.

5

Jan.

3H May
1
32
May 24

20
3
3

Jan.

Apr.

2

Oct.
Jan.
Jan.
Jan.

7M Aug.
2
Aug.
2
Aug.
5

14
28
12
24
18

5

5

5M Aug.
1
40
Sept. 16

Sale
Dec.
109 M Dec. 28 111
110
1 111M Dec.
110M Dec.
110M Sale
Dec.
110 M Dec. 15 Ill
110M HIM 110M 112
54 M
38
54 M
40'
24
22 M
Dec. 28
24
Dec.
18
35
35
4 100
100
97 M Dec.
Dec.
98
97
97 M
6 106 M Dec.
105M 105M 105 M 107 M 105 M Dec.

113
Feb.
4
108M Sept.
105M Sept.
112M Jan. 26
105 ~ Sept. 27 113
July 17
48
40
Jan. 23
Aug.
8
20
Apr. 12
July
3 25
96
Sept 27 103 H Aug. 17
101K Sept. 6 108M Mar. 4

106M Dec. 14 107 M Dec.

101K Sept. 22 108M May 26
Sept, 5
19M Nov. 4
Sept. 5 112M May 19

110M 111
110M

107 M

Sale

Sale

106 M

Sale

14
17 M
109
Sale

12

109

Sale

Sale

12

61

50

Dec.

27

Dec.

Apr.

4

Dec.

Sale

21M

Sale

101M 101M
54M Sale
24 M Sale

46
20

Dec.
Dec.

Dec.
Dec.

21M

23

Sale

19

15M

20

20 M

28

19

16M
17 M

14M
46M
46 M

51M

56
61

51

75
Sale
96
106 M 108

Sale

43

56 M
8

Sale'
Sale

7M Sale

Sept. 27

May

1

June

11

46 M Dec.

5

90
75

Dec.
Dec.
Dec.

98 M Dec.
Dec.

Dec.

Dec.
Dec.
Dec.

16 104

Dec.
Dec.

Dec.

11 106
44

4 104

Sale

53 M

55
Sale

14
52 M Dec. 22
7M Dec. 20

Sale

6M Dec. 28

51

7M
7M

105]

431

Dec.

98

29
29

Sept. 22
Dec.
Dec.

Jan.

Apr.

14
11

3

Nov. 22

Apr.
87K Jan.
97
Sept.
35
Apr.

Sept. 23
Dec.

1

Nov. 17
Nov.

2

Mar. 14
Jan.
4

52M Dec.
5 H Apr.
5K Apr.

Dec.

Sept. 27
Sept. 12
27
27

Nov. 24

101

Dec.
Dec.
56 M Dec.
8K Dec.
8

94

100M Jan.

4 102 M Dec.

105 M
43 M

20 M Sept.
20 K Sept.
54
Dec.
Dec.

67
Apr.
102M Sept.
100M Jan.

108

104

26
19

Apr.
Apr.
Sept.
May

17 K Dec.
54
Dec.
53 M Dec.

19

29 M Sept. 27
26 M Sept. 27

Apr.
Apr.

20 M Dec.

11

26

103 M Mar.
6
June 24
Dec. 30

Feb.

54 M Dec.
24 M Dec.
23
Dec.

14 M Dec.
46
Dec.

96
98
107 M
107 M 108
103 M
103 M
103 M Sale
102 M
101
102 M 101
104
103 M
103 M
104 M 104
104
104
102
102 M Sale
101M 104

105 H

61

Dec.

25

June 23

Mar.

Sale

54

50

92

Mar. 14

Apr.
July

21

23 M
Sale

165

Feb.

Dec. 22 110M Dec.
1 105 M Dec.
Dec.
Dec.
Dec. 18 59
Dec.
Dec. 13 53

53

11M

107 M

June

Sept.

91M Dec.

101M

100
47 M

106M July
92 M Mar.
151
July
110M Dec.

Jan.
Dec.

95 M

57

14

108 M Dec. 27 109 M Dec.

105 M 106M 105 M 106 M
91
90
90
91M
91M
138
143 M 140.
Sale
108 M 108 M 106 M
108
105 M
104 M 107
105 M Sale
Sale
53 M
61
59
50
100

41

1953
1953

Bid

Dec. 30

108 M

107 M

J

1996
-.1953

4s

AConv g 4s Series A
a4s series B
AGen conv 4s Series D_.

Sale

109

AO

34,000 Erie & Pittsb gen gu g 3 Ms ser B 1940
Series C 3 Ms
1940
2,000
1,727,000 AErie RR 1st con & prior lien 4s 1996
a 1st

Sale
Sale

46

31M

..1946

60,000 Eastern Ry M No Div.lst g 4s. 1948
162,000 Eastern Tenn Va & Ga 1st g 5s.1956
1995
24,000 Ed El 111 N Y 1st cons g 5s
1,732,000 Electric Auto Lite conv deb 4s. .1952
1941
38,000 Elgin Jol & East 1st g 5s
20,000 El Paso & S W 1st & ref 5s_-...1965
5s stamped
1965
23,000

4,268,000
996,000

Ask

104

J

1952
1946

Dayton Pr & Lt 1st & ref 3K8--1960 A

Dec. 1

1939

100'
108 M
105
1950 MIV 104 M

S f 4^8 debentures
1948 J
Crucible Steel 4Ks deb ser A..-1948
Cuba Northern Rys 1st 5Ks
1942

PRICES IN DECEMBER

Price
Jan. 3

Bid

S

218,000
920,000
5,911,000
626,000
438,000
159,000
615,000
,

EXCHANGE-BONDS

Jan.

3

Oct.

25

Dec. 26

3K Oct.

Mar.

4

20
23

'

MIV

.....

*A(Amended) 1st cons 2-4s—1982

Proof of claim filed by owner— MIV
60,000
ACertificates of deposit
120,000
Fort St U D Co 1st g 4Ms.----.1941 J
3
23,000
Francisco Sugar coll trust 6s
1056 MN
363,000

Gas & Elec (Bergen Co) 5s..—1949
8,000
Gen Amer Investors deb 5s ser A 1952
467,000
General Cable 1st s f g5Ms A...1947

A
J

Goodrich (B F)Go 1st mtge 4 Ms. 1956 J D
Silk Hosiery deb 5s w w.1946 M S
Gouv & Oswegatchie 1st 5s
1942 J D
Grand R & I ex 1st gu g 4Ms—1941 J
3

4,328,000 Gotham

39",066

M
99
40

104M 106""
102 M Sale
57 M
59
61
65
57 M
59
106 M
64
15M
15 M
42

99 M
84

Mining 6s
33,000
Hock Val 1st con g 4Mb
324,000
Hoe (R) & Co 1st mtge
1,086,000

t*AHousatonic RR con g
363,000
Houston Oil 4Ms debs
209,000

For

J

....1949
1999 3
1944 A

Sale
17

21M
45

Sale

"74"
70#
Sale
Sale

91M
83 M
Sale
Sale

.3M

121M 123J
105M
100M 101;
20 M
50

79 M

70
Sale

40

2

104
Sale

101M

58
35
40

24

30

27 M

20 H

40

24

H

105M 106M 106K Sale
69 M Sale
70 H Sale
14 M
18M
21
18 M
15M
23
17
35
12M

W

105 M
91M
25
25
104M 105M 104 M
78
180
"84"" 84 M

Sale
Sale

104
88

2M
Dec. 26
Dec. 26
2K
Dec. 23 100K
5
52
Dec.

Dec. 29
Dec.
8
Dec. 23
Dec. 22

122

22

Sale
Sale

7
Dec.
7 105 M Dec.
6
Dec. 26 101M Dec.
Dec. ^20
25
Dec. 20
25 M Dec. 19 30
Dec. 27
25K Dec. 27 25K Dec. 27

105
100
25

105 M
65
17 M
14 M
14

Dec. 29

14

33
119
100

Dec. 12 107
Dec. 27
Dec. 13

103 M Dec.
88
Dec.

11

Dec.

8

Oct.

Sept.27 102 X July 14
Sept. 8
Aug. 31 59
Sept.

1 125

Sept/5

105

June 22
T1 Ai*

7

May

7
Sept. 6 107K Feb.
Apr. 11 80 K Sept. 27
Oct. 24
Apr. 20 21
Apr.
6 23
Sept. 25
Oct.
5 45
Jan. 11

11

1 105 K Dec. 29
1
92 K Dec. 28

6

4 104K Jan.*
6
Nov. 16 59
Jan.
5
25K Dec. 19 62 K Jan. 18
2034 Nov.
1 59K Jan.
6
95
22

Dec. 18
7
70 M Dec.
17 M Dec. 13
18
Dec. 15

Dec.

100

June 14

98

83

Apr. 14 105K Dec. 29
May 15 92K Dec. 28

-----

Sale

68

103K Jan.
80
80 H Dec.

2

72

70

98

67 M Dec.

5

Dec. 23
70 M Dec. 18
85

7
104Mf105M 105M1105M 104 M Dec. 12 105M*Dec.
8
98
Dec.
99 K Dec. 26
98 M
99 M 98 M Sale
8
89
Dec.
7 90
FDec.
89 K Sale
89M T*91
Dec. 19
*80
Dec. 27 83
80 M
81
83
82
8
Dec.
80
82 M
79M*Dec. 28 83
82
83 M
1 11221 Dec.
7
101M Sale 102K 103M 100 K Dec.
7
Dec.
90
Dec. 19 92
90 M
91
Sale
91
1
73 M Sale
72M
73K 70M Dec. 27 73K,Dec.
65

64

58

Sale

8

Dec.

13

89
67
83
81M
*90 M
Sale
97 M 99
106M 107M 108 3 Sale

80
80

Dec.
Dec.

11

8K Sale

100

5

3J
IK
1 Vs
2M
22,
100 M 10\M 100M 103M 100 K
45
49\\ 48 M 53 M 45 K

IK

60

116M 118
65
67
36
Sale
5s—1937 MIV
...1954 MN

footnotes, see page 30.




Sale

86M
25
85
103M 104

Grays Point Term 1st gu g 5s—1947 J D
1,000
Gt Cons El Pow (Japan) 7s
72M
1944 F A
369,000
1st & gen s f g 6 Ms
63M
1950 J J
410,000 Great
Northern Ry—
1st & refund 4Ms series A....1961 J
101M
2,433,000
97 K
Gen mtge 5Ms series B...... 1952 J
1,814,000
87 M
Gen mtge 5s series C
1973 J
690,000
82 M
Gen 4Ms series D.
J
..1976
947,000
82 M
Gen 4Ms series E
1977 J
1,658,000
98 M
Gen mtge 4s series G_
1946 J
8,659,000
Gen mtge 4s series H
1946 J
4,996,000
Gen mtge 3Ms series I__
1967 J
1,675,000 AGreen
Feb
Bay & west deb ctfs A
8,000
Alncome debenture ctfs B
Feb
366,000
Greenbrier Ry 1st gu g 4s
1940 MIV
4,000
Gulf Mob & Nor 1st 5Ms ser B.1950 A O
70
142,000
67 M
1st mtge gold 5s series O
1950 A O
428,000 Gulf &
75
Snip Island 5s stpd
1952 J
5,000
93 M
Gulf StateslSt'l 1st mtge 4Ms.. 1961 A O
682,000
Gulf States Util 3Ms series D...1969 MN
590,000
a Harp en

2M
1M
102
45

D

713,000
J
AGeneralElec (German) 7s
1945
132,000
A Debenture 6Ms
1940 J D
66,000
aS f deb g 6s._
1948 MN
187,000
General Motors Acceptance Corp—
15-year debenture 3 Ms
1951
2,428,000
Gen Steel Castings 1st 5Ms w w.1949
3,480,000
liGa & Ala 1st cons 5s
Oct. 1945
95,000
i*AGeorgia Caro & Nor 6s
1934
72,000
AGood Hope Steel & Iron sec 7s. 1945 A O
26,000

326,000

1

8

8

17M

80

84 %

75M

18

80

90
96 H

15

12

118K Sale
75 -4 Sale

43

97 K

Sale

96 K Dec.

106

86
Dec. 29
82 K Dec. 28
99

108

Dec.

8

Dec.

18
Dec. 27

—

119

" Sale

44

4

8M Dec.

---

77M

78K

V47M

98 M

Sale

118K Dec.
75

Dec.

1

42M,rDec. 26
1
97 M Dec.

120K*Dec.
78 H Dec. 19
Dec.

8

98 K Dec.

6

45

Aug.
7334 Jan.
58
Sept.

88*

88
81
74 X
74
88

Sept.
May
Apr.

May

May
Apr.
Apr.
Apr.
53
Apr.
5 H Apr.
103
Apr.
73
May

K*
66

69

Jan.

85
92
98

June1

May
Sept.

4 106K Mar. 1
Aug.
4
4 80
Dec. 23
7 85
Nov.
2
2 87
.07 K July

OIK
94
89 K
89 K

Mar. 14
Mar. 11

Mar. 10

.10
Sept. 27
94 K Oct.
7

81K Mar. 10
60

Nov.

9

9K Oct. 24
.03 K Apr.
4
90
Aug. 16
85
Aug.
8
91
99
.08

May 4 40
Sept. 15 L22K
67
Jan.
"
78K
47 X
25K Apr. 11
93H Sept. 18 98K

38
116

18

Mar. 11

Mar. 21
Dec. 18

Dec. 27
June 27

June 23
Dec. 19
Nov.
2
Dec.
6

N. Y. STOCK

Jan., 1940]

EXCHANGE—BONDS
PRICES IN DECEMBER

Sales for
12 Mos.

BONDS
n. 7. stock exchange

1939

RANGE FOR

YEAR

1939

Jan. 3

1939

Price
Dec. 1

Dec. 30

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

4Ask,

Bid

3,741,000
98,000
3,625,000
4,013,000
937,000
52,000
.26,000

1962 J d
1949 UN
Hudson & Manhat 1st & ref 5s a 1957 F a
a Adjust income 5s
Feb 1957
Illinois Bell Telep 3 5*s ser b
1970
Illinois Central 1st g 4s
1951
1st gold 35*s—
1951
Extended 1st g3^s
1951
1st gold 3s sterling
1951 M 8

Hudson Coal 1st s f 5s series a.
Hudson County Gas 1st 5s

836,000
2,137,000
117,000
2,168,000
623,000
7,653,000
31,000
14,000
51,000
11,000
1,000
21,000

.

1952 A O
1955 m N

Collateral trust gold 4s

Refunding 4s

J
1952 j
1953 MN

Purchased lines lst35*s
Coll trust gold 4s
Refunding 5s
40-year 45*s
Cairo Bridge gold 4s

1955 M N
1966 f A
1950
Litchfield Div 1st g 3s
1951
Louisv Div & Term g 3 ms— 1953
Omaha div 1st gs 3s-_
1951
St Lou Div & Term g 3s
1951
Gold 35*s
1951
1951
Springf Div 1st g 3 5*s
Western Lines 1st g 4s_.....— 1951

"4",5oo

102

101
44

Bid
34
123

345* Sale
Sale

Sale

lli*
87

Sale

Sale

lllyH

83

905*

455* Sale

Sale Prices

315*
1235*
455*
125*

135* Sale
1115* 1125* 111
89

91

375*

Dec.
4 355* Dec.
2854 Mar. 18 455*
Dec.
6 1255* Dec. 28 1165* Sept. 22 12854
43
7
Dec. 28 475* Dec.
Aug. 23 515*
Dec. 22 145* Dec.
115* Jan. 24 175*
Dec. 11 1115* Dec.
102
Sept. 5 1125*
89
Dec.
87
Dec. 19
Jan.
3
925*
835* Jan. 30 88

Sept. 13
June
Mar.
Sept.
Jan.
July
Aug.

14
9

28
18
21

68

88

83

83

Ask

335* Sale
125

46* Sale"

Sale

13

Ask Bid
Sale

83

60

Sale

46

68
Sale

58

Sale

46

Sale

375*

75

44%

545*

Sale

59

Sale

llH

Sale

63

90
Sale

47

Sale

515*
425*

395*
45

Sale

675*

"76"

46

IF

Sale

44

54
Sale
445* Sale
.

475* Dec.

7

48

Dec.

7

Dec.
Dec.

435* Dec.

9

40
43

Dec.
Dec.

47
58

505* Dec.
415* Dec.

6
5

7
8

85

805* Dec.

455* Dec.
805* Dec.

70
60

65

Dec.

65

Dec.

18

52
60

63

51

Dec.

51

Dec.

6

61

785*

84

60

85

80

68

455*
85

58

59 J*
Sale

445* Dec.
435* Dec.

Mar. 8
Jan.
5
Jan. 13

63
62
52

38
42

Dec. 27

Aug. 28
505* Dec. 13

605* Mar.

9

71

4

39

Apr.
8
Aug. 10

565* Mar. 9
835* Feb.
4
66
July 17
655* Nov. 15
525* Nov. 28

75
63
63

Jan.

13

Jan.

3

465* May

8

Jan.

Nov. 28

55

60

Dec.

4

Dec.

60

4

Nov. 28

60

Feb.

15

55
63

Mar.

60

575*

June

9

61

Mar. 21

8

76

77

"65"

6

445* Dec. 28
435* Dec. 27

9

64

57

111 Cent & Chic St l & n o—

4,879,000
2,696,000
670,000
93,000
13,000
39,000
112,000
42,000
1,611,000
1,350,000
11052000

2,393,000
2,801,000
48,000
4,183,000

1,808,000

Joint 1st & ref 5s ser a

1963

45*s series c

1963

1940
45*s
1948
Allseder Steel Corp 6s
1940
Ind Bloomington & w 1st 4s
1950
Indiana 111 & Iowa 1st gold 4s
t ilndianapol & Louisv 1st gu 4s 1956
Indianapolis Union ry—
Ref & impt mtge 3 5*s ser b— 1986
1948
Industrial Rayon 4 5* s .
1961
Inland Steel 3 5*s series d- _■
1966
tlnterboro rt 1st &ref 5s
ACertificates of deposit
♦
a 10-year 6 % notes.
1932
ACertificates of deposit--..
*a 10-year 7% notes..-;
1932
a Certificates of deposit

55

_

_

69M

10

15

105*

.

-

..

39,000
463,000
16,000
195,000
127,000
3,275,000
434,000
997,000
784,000
1,137,000
266,000
1,759,000
779,000
244,000
115,000

118,000
30,000
578,000

1,784,000
591,000
311,000
253,000
70,000

104

995*
93

91

1072* 1085*

J

j

63
59

a

o

375*

Sale

395*

m s
ao

j

Sale

J

Sale
Sale
Sale
Sale

Sale
Sale
M 8

Sale

85
91 %

MNj
F a1
j

J

Kan City Term 1st 4s
Kansas Gas & el 1st mtge

a

Sale

M 8
J

d'4

d

Sale

M s

96

a

90
Sale
Sale
Sale
Sale
Sale
Sale

1950 A O
j
April 1950 j
i960 J j

45*s--1980

j

d

Karstadt (r) Inc 1st Mtge 6s. 1943 mjv

88*

a

Ctfs

w w

22

a

Ctfs

w w

37

stpd (par $645).--1943
stpd (par $925)
1943
a With warrants (par $925)—1943
Keith Corp (b f) 1st ser g 6s.... 1946 M 8
Kentucky Central 1st gu 4s
1987 j J
Kentucky & Ind Term 1st 4 ms. -1961 J
Stamped
.1961 J
----1961 J

45*s unguaranteed
1961 J
Kings Co Elec Lt & Pow 6s
1997 a o
Kings Co Elevated 1st g 4s—..1949 f a
Certificates of deposit
Kings Co Lighting 1st ref 5s
1954 j J
1st & ref 6 ms
1954 j J
Koppers Co 4s series a
1951 UN
Kresge Foundation coll trust 4s. 1945 j J
35*s collateral trust notes....1947 F a
t Kreuger & Toll class a—
a 5s uniform ctfe of deposit..1959 M s
*
ALaclede Gas Lt ref ext 5s
1939 a o
Ref & ext mtge 5s.
1942
Coll & re 5 Ma series o
1953
Col & ref g 55*s ser d
1960
Coll tr 6s series a
1942
Collatera trust 6s series b
1942
Lake Erie & Western rr—
5s 1937 extended at 3 % to
1947 .7 j
2d gold 5>—
1941 j J
Lake Shore & Mich Sou g 3 5*8--1997 J d
Lautaro Nitrate Co Ltd—
a 1st mt?e income reg.dr« 31 1975
Lehigh Coal a Nav 45*sser 1---1954.
Cons sink fund 45*s ser c
1954
i«high & New Eng rr 4s a—.1965 a o
Lehigh any 1st gu g 4s
1945 m s
Lehigh Valley Coal—
a5s stam pel
1944
a 1st a refunding 5s
1954 F a
a5s stamped
1954 F a
Alst a refunding 5s
1964 F a
a 58 stamped
1964
AFirst a relinking fund 5s.._ 1974 F a
a5s stamped.;
»_
1974
ASec 6% notes extend to* 1943
J
a6sstamped-.
1943
Leh Vail Harbor Term 1st 5s
1954 f
1940 j
JLeh v (n y) lstgug45*s~.
1940 j
4 Hs assented.
h
J a Let Vai (Pa) gen con g 4s—— 2003 mn
—

4,000
44,000
114,000
157,000
136,000
98,000
146,000
45,000
16,000
571,000
214,000
151,000
1,263,000
A4s assented
2,693,000
a Gen cons 4 ^s,.
686,000
a 45*s assent) d
1,370,000
a Gen consol 5s
245,000
a 5s assented
773,000
23,000 JLeh Va 1 Ter Ry 1st gu g 5s._
5s assented
49,000
171,000 Lex a East 1st gu 5s

419,000 Lombard Elec 7s serif s a
1,019,000 Lone Star Gas 35*s debs...
32,000 a Long Dock Co 35*s ext to

For footnotes, see page 30.




mn
mn
mn

mn
2003 mn
1941 a o
1941 a o
1965 a

1944
1,084,000 Liggett a Myers Tobacco 7s
5s
i.....—
1951
835,000
1952
227,000 Lion Oil Ref conv d b 45*s
Liquid Carbonic 4s onv debs... 1947
287,000
1962
3,000 Little Miami gen 4s eries a
1946
3,417,000 Loew s Inc s f deb 35*8

Sale
Sale
Sale
Sale
Sale

100
61

55

12

135*

92M
82

60
50

1025* Sale
1095* Sale
74

Sale

74
30

Sale
Sale

163

80 5*

98
98 5*
103
Sale
100 % Sale
102
103
100 % Sale

99

Dec.

1075* Dec.
725* Dec.

2 1025* Dec. 29
5 1095* Dec. 21
1

1
725* Dec.
29?* Dec. 28

Sale
Sale

755* Pec. 13
755* Dec. 13
325* Pec. 18

Dec.

1

Dec.
875* Dec.

1

74

5

90

6
Dec.
Dec. 13

Dec. 13
° Dec. 19

30
74

72
72

6

84

95

80

995*

84

945*

945* Dec. 19

Dec.

Dec. 27

95

Dec.

955*

87

65

885*

885* Dec. 16

13
13
11

295*

Sale

28

Sale

27
27

Dec.
Dec.

12
7

68

Sale

645* Dec.

6

6

885* Dec. 16

4

30

285*
685*
Salb
66
64
Dec. 19
645* Sale
665*
1085* 1095* 1085* 109
1075* Dec. 24 1095*
1 1045*
Sale
104
Dec.
1035* 1045* 103
20
Dec. 29
20
365*
25
75* Dec. 21
75*

It*

2
Dec.
2
Dec.
Dec. 16

Dec. 29

Dec. 21

"86"

2

89

895*

80

Iff

91

82

87

1575*
Sale

89

88

Dec.

Dec.

885* Dec.

825* Dec. 20 825*
1565* Dec. 20 157
1
89
845* Dec.
5
84
Dec.
865*
106
Dec. 15 1065*

5

15

Dec. 20
Dec. 21
Dec. 14
Dec. 20

5
Dec.
1065* 1065*
1065*
Sale
103 5* Dec. 13 1055-8 Dec. 30
1055* Sale
8 1055* Dec. 20
105
1045* Dec.
1045* Sale
1
Sale
1055* 1055* 1045* Dec. 12 1055* Dec.
2

Dec. 19
Dec. 29

Feb. 10
Oct. 20

89

June

37

Sept. 27
Sept. 27

P

Mar. 19

June

107
36

July
Mar.

20
27
102

935* Apr.
1045* Nov.
Jan,

5

Jan.

Sept.
1005* Sept.
995* Sept.

Mar.
Dec.

3
6
6

5

865*
1065*
1085*
1055*
1055*
1055*

Dec. 30

May 16
Aug.
3

90

43

7

42

585* Mar.
585* M up.

40
41

Dec.

27

41

8
Dec.
Dec. 27

40

41

43
46

Dec. 20
Dec. 20
Nov. 24

41

May

505* Mar.

67
Dec.

19

825* Dec. 29
825* Dec. 21

63

Jan. 26
May 16

80

Sept.

215* Apr. 20

37

47
46

64

88

Dec.

1

35

39

345*

50 M

Sale

50

50

Sale

49

88

Sale

.....

37

34

.....

Sale

86 h

88
Sale

30

37

46

Dec. 27

Dec.

43

315* Dec. 28

35
34

265*

34

58

40

50
Sale

40

155*
155-8
155*

66
75
Sale

45
Sale
Sale

165*

II*
16

18

50

50
113

o

-

Sale

"60"
115

1025* Sale

53

63
109

Sale

"64"

<

48
16

15

Sale

15

165*
Sale
19
Sale

155*
165*
165*
495-s

495-s
117

Oct.

19

if*

July 28
Sept. 15

Jan.

13

Jan.

17

June

14

Dec.

2

30

Dec. 20

22

50

Dec. 29

50

Dec. 29

30
Feb. 10
375* July 25

405& Dec. 27
415* Dec. 19
4
40
Dec.
14
Dec. 13
13
Dec. 19
145* Dec. 20
135* Dec. 19
155* Dec. 19
145* Dec. 20

435* Dec. 11

40

42

Jan.

Dec. 20

415* Dec.

3
19

45

Dec. 29

40

Dec.

4

16

Dec.

125* Sept. 5
115* Aug. 24
135* Aug. 25
12
Aug. 25
15
Sept. 1
14
Aug. 28
44
Aug. 29

4

155* Dec. 29
16
16

Dec.

2

Dec. 29
185* Dec. 12
6
185* Dec.

54

50

1205* 116J* Dec. 18 117

Dec. 26

325* Oct. 11
Sept. 13
315* June 26
315* Sept. 11
31

50

Oct.

31

505* Nov. 28
56

Mar. 10

55
Sept.
55
Sept.
235* Sept.
23
Sept.
24
Sept.
235* Sept.

25
28
27
27
28
27
27
Sept. 26
255* Sept. 27
90

Oct.

5

62
Sept. 28
2 1185* June 17

Nov. 15

1115* Oct.

4 1185* Sept.
1275* Dec.
12954 Dec. 29 119
Sept.
99
Dec.
5
94
Aug.
1095* Dec. 29 1045* Sept.
107
Apr.
1
92
1015* Dec. 27 1025* Dec.
Sept.

1265* Dec.
1265* 1275* 127
Sale
Dec.
128 h Sale
1295* 1305* 128
97
Dec.
975* 100
97
100
108
1075* Dec.
1095* 108
1095*

985* Sale

a

145*

15

40

25

...

"425*

Oct.

Aug. 24

P

Dec.

"40" Sale"

Dec. 19
Mar. 10

645* Mar. 11
Mar. 31

Dec. 20

Dec.

25

25% Sale
50
52

Nov. 22

825* Dec. 29
90
Jan.
5

91
41

28

28

295*
305*

48%
435-8 Sale
43
455*

80

Mar.

4
9

30

30

70

51

June

Aug.

845* Jan.

13
7

17

29

135* Jen.
915* Mar.

30

225* Nov. 24
165* Jan. 13
Sept. 6

26

50

Aug. 29
Dec. 13

Dec. 21
Dec. 13

30
30

50
40

6

30

305*

"25"

8

8

17

745*

Sept. 22

265* Dec.

21

245*

25* Sept.12
78

36
20

30

-----

34

Sale
225*
225*

6
5

Dec. 14
Dec. 20

Dec.

5

Sale

3

Aug.
3
May 23

465* Dec.

47

Dec.

Sale

13
19

885* Dec. 15

89

Jan.

103
95

Jan.
Feb.

825* Dec. 20
170
July 25

Dec.

98

Jan.

1085* May 31

825* Dec.
150
Sept.
775* Sept.
84

4
7
Feb. 18

Jan.

1M Jan.

Dec.
Dec.

177H

Nov. 20

20
Dec. 14

855* Dec.

195*

11

Jan.

Dec.

1

605*

5

60

965* Jan.

43

Dec.

195*
195*

9

2

June
8
Mar. 10
Mar. 13

42

Dec. 19
Dec. 22

109

¥

Sale

50

d

Dec.

Sept.
56
Apr.
995* Sept.
1025* Sept.

72

4

975* Dec. 27
835* June 12
100

385* Dec.
15* Dec.
40
Sept.
90
Sept.

20

Dec.

445*

51

J

36

6

795* Sept. 12
103

45

37

-

5* Jan.

485* Apr.
93
Apr.
825* Apr.
73
Sept.
875* Oct.

775* Sept. 27

13
8

-

87

675* Sept.

1

5
345* Dec.
475* Dec. 18

-

4
4

85* June

Jan.
Jan.

20

365*
515*

-

Jan.

Dec.

79
81

1295* Sale
1275*

4

20
20

835* Dec. 28

825*

o

215* Oct.

Apr.
15* Aug.
85* Aug.

3
86

825*

19

9

14

79

50

1035* June 26

995* Apr.

14

80

21

Sept. 20

Dec,

815*

19

Dec.

Dec.

25* Dec.

75

Sale

13
13

74

83

82

Sale
55%
54M
Sale
335*

18

97

80

5

82
835*

465*

Apr.
May

84
Sale

75

49

Dec.

Sale

25*

785$
825*

~22H

Feb.

86

88
885*

535*
845*
315*

Nov. 22

Nov. 15

80

3

75

54

6

Nov. 22

It*

Sale

25*

45
62 H

255*

51

79

5

Oct.

June

27

4 102

Dec.

15

295* Dec.
50

9

26
1025* Dec. 26
Feb.
3

62

Dec. 29

June

99

9
9
5

705* Mar. 30

105

Mar.
May
103
Sept.
505* June
505* June
27
Apr.

Dec. 29

46

87

Feb. 27

104
90

Dec. 29

8

1555*
845* Sale

95

615* Aug. 29
75* Sept. 23

79
24
23

24

8

Sale
1015* 1015* 102
1015* Dec.
1065*
1065*
905*
"925*

1055*
1065*
1045*
1045*
1055*

-2

19

94

36
Dec.
385* Dec.
15* Dec.
50
Dec.
935* Dec.

24

Dec.

28

Sale

31
275*
30
265*
655* Sale

Dec. 16
Dec. 24

Dec.

Sale

90

Dec. 29
Dec. 29

Dec. 22
2
Dec.
1
Dec.
Dec. 13
1
Dec.

405*

C,

6

80

43

15*
V4
515* Sale

Dec.

955*
435*
475*
15*
555*

465* Sale
2
15*.
555* 'Sale
95
945*

Sale

4
Dec.
Dec. 30

41

a

o

73
89

80

"6

425*

a

1950 a

Dec.

15

46
45

f

D

Sale
Sale

91

84

Sale

45
43 h

"Dec"

Dec. 28

98

43
Apr. 11 605* Mar.
403* Apr. 29
565* Mar.
Jan.
1005* Dec. 28 105
13
Oct. 17
415* Jan.

825* Sale
465* Sale
465* Sale
415* Sale
415*
46

13 % Sale
805i Sale

a

f

74

86

112

UN
F a

73

80

165

105*

Dec. 28

295* Dec. 24

80

90
92

98

7
7
4

105

Sale

8

"95"

o

1952 j

..1953

—-

95

i}*

8

_

2003
2003
2003
2003

665*
Sale

455* Dec. 28 495* Dec.
415* Dec. 28 455* Pec.
1005* Dec. 28 1015* Dec.

4 1025*
1025* 1025* 1025*
1025* Dec.
2
14
Dec.
165* Sale
145* Sale
165*
9
2
Sale
15* Sale
15* Dec.
1
Sale
11
Dec.
125* Sale
135*
11
135*
125*
115* Dec. 13
135*
IV4 73
72
69
Dec. 13
74
695* Sale
Sale
1
60
60
Dec.
69
685*
625*
1 103
Sale
102
1035* 1035* 1025* Dec.
Sale
93
975* Sale
935* Dec. 13 975*

'43

Sale

F

o

1936

72
72
88

59%
60 m Sale
89
90

mn

a

j*akcfts&Mrefg4s
a Ctfs of dep (Bankers Trust)
Kan City South 1st g 3s
Ref & Imp 5s

995*
1075*
7254
725*
315*

98

295*

o

—

-

m s
j
J
F a

Kanawha & Mich 1st gu g 4s.... 1990 a

Plain

"2",555

93

63

Corj> 1st AcoHctf 5s-—

37",555

"iii "96"

485* Sale
465* Sale
4254
435* 445* Sale
1015* 102
1005* Sale
12
155-s

__

---1947
1,319,000 Interlake Iron conv deb 4s
Int Agri
1942
138,000
1952
2,749,000 t a Internat Gt Nor 1st 6s a
a Adj mtge 6s series a.July 1 1952
1,626,000
a 1st mtge gold 5s series b
1956
460,000
1956
a 1st gold 5s series c
280,000
1944
3,207,000 Internat Hydro el deb 6s
1941
1,966,000 Int Merc Marine 1st s f 6s
2,115,000 Intern Paper conv 5s series a— 1947
1955
1,892,000
Refunding 6s series a
1972
238,000 Int Rys of Cent Amer 1st 5s b
First lien & ref 6 5*s
1947
407,000
1952
5,967,000 Internat t & t deb g 4 ms
1955
Deb gold 5s—
7,942,000
592,000 1 Alowa Central Ry 1st & ref 4s.. 1951
252,000 James Franklin a Cleart 1st 4s.. 1959
717,000 Jones & Laughlin St'l 1st m 4Mb 1961

81,000
1,338,000
573,000
1,257,000
1,980,000
1,855,000
899,000
15,000
30,000
22,000
1,000
746,000
43,000

595* Sale
535*
55%
Sale

104 M

Illinois Steel deben

1 129 J* Jan.

July
Sept.
5 1105* July
17 107
Apr.
28
July
25 131
25 106

1025* Sale
64
Dec. 18 69
Dec. 20
66
75
69
48
Sept. 22
5 1025* .Sept,
8
1085* 1075* Dec. 27 1095* Dec.
1095* 107
7
75
Dec. 14
72
Dec.
62
725*
85
/Mar, 14
705*
75

'8*
Mi*

10
3
13
17
17
28

Dec. 20

July

10

Dec.

14

N. Y.

26
Sales for

I11

BONDS

12 Mos.
1939

n. y. stock exchange

PRICES IN DECEMBER

Price

|i

Dec. 1

1939
Bid

1949
1949
1949
1944

Long Island unified 4s_
Guar ref gold 4s
4s

stamped
(P) Co deb 7s

Lorillard

80

81M

91M
Sale

Bid

Ask

M S
M S

81

90

'

Dec. 30

|

Ask Bid

87

91M
88

iHH

Lowest

Ask

89

91M

89
87 M
89
87 M
126
127

O

88
Sale

87 M Dec.
Dec.

123
82

Sale
Sale

108
105

108M
105M

i25 M
125M 127 M 125
Sale
83 M Sale
83
81H
108 M 109 M 109M 110
108 M
108 M
108 M
107 M

Sale

IODsj Sale

127M 128M

Highest

Sale Prices
87 H Dec.
86 % Dec.

100

A

1951 FA
J
Louisiana & Ark 1st 5s series A. -1969 J
Louisville Gas & Elec 3 Ms
1966 M S
Lou & Jeff Bridge gu g 4s
1945 M S
5s

RANGE FOR

YEAR

1939

Jan. 3

M S

$

21,000
738,000
351,000
439,000
324,000
2,214,000
669,000
206,000

STOCK EXCHANGE-BONDS

124

Dec.

Dec.

Lowest

Sate Prices

Sale Prices

9

88

Dec.

15

2

89

Dec.

13

14

88 M Dec. 29
1 127
Dec. 29

6 125M Dec. 28
28
2
83 M Dec.

Dec.

7 110

Dec.

2 108 M Dec.

Highest

Dec. 27
2

81 Va Jan.
80M Jan.

27
10

80

10

Jan.

117M Sept.
Sept.
75
Sept.
100
Sept.
105X Jan.
116

Sale Prices
88
July 28
89
Dec. 16

88%
129M
128M
90 M
110M
109 X

Dec. 29
Jan. 23
Aug. 11
Mar. 9
May 26
July 28

Louisville & Nashville RR—

4,665,000
1,149,000
1,733,000
459,000
1,613,000
242,000
143,000
7,000
187,000
181,000
6,000

-1940

Unified gold 4s
1st & rer 5s series B
1st & ref 4 Ms series
1st & ref 4s ser D
1st & ref 3

2003

2003

84 M

2003

H&series E

94 M
89 M

2003

C

79

Paducah & Mem Div 4s

1946

St Louis Div 2d gold 3s

1986

M S

"80 Va

.1945
1952
Atl Knox & Cin div g 4s.
1955
iLower Austrian Hydro-El 6Hsi944

M S

108
71

Mob & Montg 1st g 4Ms
South Ry joint Monon 4s

412,000 McCrory Stores Corp s f deb 5s.-1951
348,000 Maine Central RR 4s series A—1945
Gen mtge 4 Ms series A
624,000
--1960
1,724,000 Manati Sugar 4s s f
Feb 1 1957
14154000 % a Manhattan Ry (N Y) con g 4s 1990
a Certificates of deposit
3,097,000
a 2s 4s
2013
1,612,000
ACertificates of deDosit
32,000
5,000 Manila El Ry & Lt 1st 5s
1953
11,000 Manila RR South Lines 1st 4s—1959
21,000 lAMan G B & NW 1st gu 3MS--1941
1947
193,000 Marion Steam Shovel s f g 6s
Certificates of deposit
307", 600 Market Street Ry 1st 7s—Apr 1940
603,000 Mead Corp 6s with warrants
1945

Sale

100

Sale

91M

Sale

84 M
Sale

85 %
80

Sale

J

MN
F

86

"72""

104M 105M

A

MN
J

D

70

Sale
Sale

J

D

40

46

MN

27 M

AO

31 Va

27M
J

D

17M
81

590,000
224,000
•220,000
29,000

3,600
186,000
141,000
152,000
1,765,000
239,000

45,000
368,000
625,000
20,000
288,000
238,000
27,000
2,495,000
464,000
771,000

267,000

Metropolitan Edison 4Ms ser D-1968
Met Water, Sewer & Drain 5 Ms-1950
#j AMetWest SideElev (Chiefs 1938
A Mex Internat 1st 4s asstd—--1977
A 4s (Sept 1914 coupon on)—1977
A Miag Mill Mach 1st s f g 7s—1956
Michigan Central-Detroit & Bay
City Air Line 4s
1940
Jack L & S gold 3 Ms
1951
1st gold 3 Ms
1952
Ref & Imp 4y%s series C
1979
Michigan Consel Gas 1st M 4s__1963
X a Midland of N J 1st ext 5s
1940
j Milwaukee & Northern RR—
* A 1st ext 4 Ms
1939
*a Con ext 4Hs
1939
1A Mil Spar & N W 1st gu 4s.—1947
tAMilw & State Line 1st gu 3 Ms 1941
jAMinn & St Louis 5s ctfe
1934
A 1st & refund gold 4s
1949
A Ref & ext series 5s A
1962
j*aM St p & S S m 4s stpd guar.1938
* Alst cons 5s
1938
*Alst cons 5s grd as to int
1938
A 1st & ref 6s series A
1946
a 25-year g 5 Ms
1949
1st ref 5Ms series B
1978

296,000
298,000
600,000 t AMissouri-Illinois RR 5s ser
3,226,000 Mo Kan & Tex 1st g 4s. _
Missouri-Kansas-Texas

5,678,000
1,629,000
809,000
2,663,000

A. . 1959
1990

MN

Sale
Sale
29M
25
----

O

J

-

MN

M S
A

O

F

79

J

39M

76M

Sale

79

40 M
Sale

36 H Dec.
76 M Dec.

76 M

Sale

79

Sale

41M

Sale

42M
41M

Sale

76 M Dec.
41M Dec.

44

41M Dec.

41M

85 M

M S

J

14 M

90 M
70 M

J

Sale
80

J

D

14M

J

d

40

J

D

26

M S
J

M S

3

F

2

J

8 X

J

J

J

J

J

J

5M
8M
3Va
2M

*

J

J

105

70

52

Sale

6M

%

1
6

67

-----

83

30

Dec.

56 M
50H Dec.
Sale
104M Dec.

7

M

100 M

Sale
—87M
58
91M
63
64 M
Sale

Dec.

Dec." 18

15

99313ilO0M 100M Dec.

X Dec.
Dec.

18

1 100M Dec.

1

65 M
101M

89
91M
66 M
68
100 M
Sale
9M
Sale

Dec.

14

Dec.

90

30 Va

29 H
13 H

Sale
15

27
13 M

16 M Dec.

73

30 M

73

30

30

Dec.

6

Dec.

2

Dec.

2

3

6X
Sale

4M
3

6X
5Va
6Va
2X
IVa

68

Sale

9K

75

~

3M
Sale

7

6M
Sale

3Va
Sale

53

55

5M
1M
H
6M
5M
6M
2%
1M

6M
Sale
2
Sale
5M
Sale

Dec.

29

5M Dec. 21
5

Dec.

15

89M Jan.

18

25

Oct.

20

'30

May" 19

4 lOOMNov.

8

97
Mar
9
76 X Mar. 15
8
Sept. 21 102 M Aug.

6

Dec.

21

2M Dec.

6

1M Dec. 29

Sale

J

54

Sale

63

J

D

49 M

Sale

29X

Sale

29 M

Sale
Sale
Sale
Sale
Sale

Aug. 24
July 20

20

6

2M Dec. 11
4
1M Dec.

Apr.

28

10
19
4M Apr. 18
1M Apr. 28
2
Va June
5M Sept. 1
3M Aug. 18
5M Sept.
1
IX June 30
IVa Dec. 29

55

Dec.

4

50

Dec.

22

64

Dec.

27

45

Jan.

24

30

Dec.

4

25 M Aug. 21

20 M Dec.
17
Dec.

1

8

Dec. 27

16 % Dec.
8 M Dec.

11

14 X Dec.

Dec. 20
62
Dec. 12
26 M Dec. 28
50

55

50 M
64

Dec.

7

Nov. 24
Nov. 15

8M Apr.
28 M Apr.

9
7M Dec.
5M Dec. 14

Dec. 27

1%

Dec.

30

Dec. 26
Dec. 28
6
4 M Dec.
1M Dec. 19

3

J

64 X

Jan.

57

8 106M Dec. 21

40

Sale

6M
2M

9

87
23

88M
64M
92 Va
9Vs

Dec. 14
66M Dec.
6 101M Dec.
Dec.
Dec. 28 12M Dec.

27

6

2

27

88

89M

49

9

Sept.

28

82 Va Mar. 30
83 V8 Feb.
1
15
Oct.
6

Aug.
Feb.

Oct.

5
6 112M Dec.
Mar. 10
50Va Sept. 21 102
8M Feb.
7
5M Dec. 22
M Feb. 17
Va Dec. 29

Dec.

12 M

15 X

54

Dec.

Nov.

108 X July

6

75

30

8

42 X Nov. 24

Oct.
Sept.

101M Apr.

11M

Sale

5
18

79 X Dec. 29
79 X Dec. 30
43 M Nov. 22

Jan.

39

14

Dec.

44

M

Feb.
Mar.

10872*
II*

Jan.

1 106M Dec.

8
Dec.
5M Dec. 22
M Dec. 29

74

Apr.

ilJH
77

107 X July 10
24 M Mar.
9

Dec. 20 112 M Dec.
Dec.
83

112

15

13

v

23

100M Oct.
22
Apr.

14
70

112

M

33

27

7M

M S

51M

7M

May

72

54 M

16 M

J

Sale"

79 M Dec.
43
Dec.
42
Dec.

45

MiV

?

68

79

101

M S

79 X Dec.

15M

55
Sale

26

88

Feb.

81

Sale

67

97 M Jan.
Dec.
82
65

Dec.

95 X Dec.

89 M Mar.
9
85 X Mar. 14
102 M Dec. 29

39M Jan.
23
Apr.
26 M.Apr.
24Va Apr.i
17Va Apr.
40 X Nov.

83 M

50

102

May
Sept.

67

86

-m

80
73

105M Mar.

Dec.. 30

52 X Dec.
40 M Dec.

9

MN

12

107 M Dec.
80
Dec.

61M

94 M
87 M

Dec.

Dec.

35

J

6
75
74 - Dec.
77 H
104 H Dec. 20 106
Sale

51

6

28

23

101M Dec. 28

Sept.
Apr.
84 M Apr.

110

Sale

107

112

D

82

107 M 106M Dec.
Sale
75
Dec.

11M
M

M S

Dec. 23

51M

109 M 110M
99 M 104

M S
J

84

76M

50 H
104 M

6M
M
M

1

53 M
Sale

51M
65
103 M 104

A

Dec.

Dec. 23 102 M Dec. 29
Dec.
7
84
Dec. 11

101

85

88

Sale

87
90

Dec.

80

83

9

52 M
36 M

l&
80

20

—

J

Q

81M
102 M

91M Dec.
85
Dec.

20 101X Dec. 28
1 102
Dec. 26
1
95 X Dec. 23

7

41

M S

A

Sale

99 % 101
83 M
81M
112
110M
73
75M
75
104 M 105 M 106

'

J

M Sale
86 M
86 M

7

106

100 M Dec.
99 M Dec.
100 M

92

100

98

J

10D»j»

X Jan.

3

57 X Oct.
33
Oct.

21

17 % Jan.

5

14

3

31 M Mar.
2
9
July 21

3M Feb.

17

Jan.

19

3

10 Va Sept. 27

7M Sept. 27
10
Sept. 27
5

Oct.

3

3M Sept. 27
69
75

June 12

July
51M Jan,

19
5

14
Aug. 24
11M Aug. 21
12M Aug. 22
6
Aug. 28

37 X Jan.
32M Jan.

5
6

12 M Apr.
.8
13X Nov. 10

21X
20X
6M
21M
20X
21M
19 X
4M
21M
20M
zum
21M
20X
69

RR

Prior lien 5s series A
40-year 4s series B
Pr lien mtge 43^s ser D
ACum adjust 5s series A Jan

1962
1962
1978
1967

.16 X
13

Dec. 27

13 X
7

Dec. 22

14M Sale

13

Dec.

13 X

13 X

J

J

36 M

Sale

20

Sale

J

J

31

Sale

16Va

Sale

18 M
14 M

J

J

20

16 M

O

32
Sale

15

A

30M
16 M

8M Sale

7%

Dec.

22

1
1

34

Jan.

5

17 X Jan.

5

AMissouri Pacific RR Co—

1,797,000
113,000
5,067,000
6,761,000
328,000
2,240,000
70,000
3,213,000
2,239,000
120,000
4,804,000
196.000

29 000

Alst & refund 5s series A
1965 F A
a Certificates of deposit
AGeneral 4s
-1975 MS
A 1st & ref series F
1977 MN
a Certificates of deposit
a 1st & ref g 5s ser G
1978 MN
A Certificates of deposit
A Convertible gold 5 Ms
1949 MN
A 1st ref gold 5s series H
1980 A O
a Certificates of deposit—
A 1st & ref 5s series I—
1981 FA
A Certificates of deposit
*4 Mo Pac 3d 7s ext at 4%-July 1938 y~j

22

3 M
13 M

14 M

13M

Sale

21

20M
6

21M Sale
20 M^.21M Sale
20M
Sale

4

Sale
Sale

3M
14M
13 M
14 M
13 X
2M
14X
13 X
14%

12 M

13 M

2M

Sale
Sale
Sale
Sale
Sale

21M
20M
21M
20M
62 M

Sale

13 H

Sale

13 M
13 M

65

67

70

Sale
Sale

21

M S

34

Sale

13 M

28
13 X Dec. 26
3M Dec. 28

Dec. 27
3M Dec. 21

Dec.

29

Sale

12M Dec.

12

14 % Dec.

28

Sale

13

Dec,
Dec.

11

15

Dec.

29

13

14

Dec.

28

Sale

Dec.

13

13

Sale

11

IX Dec. 27
13

Dec.

11

13 M

Dec.

1

Sale

13

11

Sale

13

Dec.
Dec.

Sale

21M

M S

19 Va
28 M

Sale

8

15

2X Dec.

1

14 U Dec.
13 M Dec.

.

29
22

15X Dec. 29
Dec.

14

28

Apr.

8

12M Apr.
8
12 X May 17
12M Apr. 11
12 M May 24
IX Dec. 27
12Va
12X
12 Va
12X
65

70

66

3

Apr.

8

Sept. 5
Apr.
8
Apr. 12
Jan. 18

Jan.
Jan.
Sept.
Jan.
Jan.
Jan.
Jan.
Sept.
Jan.
Jan.
Jan.
Jan.
June

4
6

27
3
11
3
14
27
4
4
3
6

3

JMobile & Ohio RR—
425,000
3.269.000

2,490,000
124,000
204 000

1,329,000
2,031,000
6 385 000

246 000
7 000
1 000

a Montgomery Div 1st g 5s—1947
A Refunding & Improv't 4MS-1977
* a Sec 5% notes.
--1938
Mohawk & Mai 1st gu g 4s
1991
Monongahela Ry 1st M 4s ser A.1960
Monongahela West Penn Pub Serv—

1960
1965

1st mtge 41^5
6s debentures

Montana Power 1st & ref 3 Ms.-1966
Mont Tram 1st & ref 5s series A-1941
General & refunding 5s A-----1955
Gen & ref 5s series B
1955
Gen&refsf 4 Ms ser C
Gen & ref s f 5s ser D

MN

58
Sale

A

Sale
Sale
Sale
99
Sale

O

108 M

A

O

100M

J

D

J

J

96 M
96 M

A

O

72 M

A

O

1955 A

Nassau Elec guar gold 4s stpd
Certificates of deposit
National Acme 4Ms extended
National Dairy Prod deb 3 Ms w
Nat Distillers Products 3 Ms
a

O

2000

D

J

-1955 MN

-1955 MN
1968 J D
1947 MN

a

a

52 M
50 M
45 M

77 M

111

Sale
Sale

99 X
87 M

74

21

Dec.

11

27

Dec.

11

29

32

Dec. 18
Dec. 29

51

Sale
Sale
60

15

21M Dec.

49

105 M Dec,

109M 108 X Dec.
Sale
109 M Dec.

109

72

1951 J

A

J

Sale
Sale
Sale

99 M Dec.
77 M Dec.

33 M Dec.

17X
19M

54 M Dec.

42 X

7 105 M Dec.

101X

7 109 X Dec.

25Va
3
32Va
11
37X
11
59
12
13 106M

Oct.
Oct.
Oct.

24
24
24

Oct.

13

103

Dec.

Ill

Dec.

1
1

87 M Dec.

51

Aug. 10

Sept. 5 110M Nov.
Dec.
98
Sept. 5 111
91M Sept. 21 101X June
99 M July
75
Oct. 26
72 M Jan.
51
Dec. 29
67Va Jan. 30 67Va Jan.

Dec.

4 100

Dec. 29

51

May
Apr.
Apr.
July
Sept.

Dec.

72

13
30

7
13
3
30

38 M
39 M
35 M

95 M

70M
31M

101

74M
35

68
41

101H

101M
Sale

104

Sale
Sale
Sale

41X

Sale

108 M

106

103 M

Sale

1
42
38M Dec.
38 M Dec. 28
41M
36 M
33 H Dec. 13
1 108 M
107 X Dec.

-----

116

Sale
Sale
Sale

116M
101H 101M

-----

Dec.

19 116

56Va
1
54
1
49
1
99M Sept. 27 110M
111
Oct.
7 117 X
36

Dec.

67X

Dec.

97
70M

Sept.

30 X Sept.
29
Sept.

Dec.
Dec.
Dec.

May

4 101

64 X Aug. 28

68M Dec.
44 M Dec.
42 M
42
42 X
44 Va Dec.
Sale
41M Sale
102
101M Dec. 11 101M Dec.
Sale
106
Sale
105 X Dec. 27 106 X Dec.
1 104 X Dec.
104 M Sale
103 X Dec.
Sale
Sale

40

1946 J D
w '51 MN
1949 M S

III" "68"

68

107 M
115

105M
114M

4Ms Jan 1914 coupon on.1957
4M8 July 1914 coupon on.1957
4Ms July 1914 coupon off. 1957
Assent

warr

M
M
%
Va
M
Va

& rets No 4 on 1957

a

a

Assent

warr

& rets No 4 on.1926 A

O
O

a

4s April 1914 coupon on

1951 A

Dec. 27
41X Dec. 11
1
40
Dec.
66

29X Jan.
38M Nov.
100M Nov.
99
Sept.
95X Sept.

-

4s April 1914 coupon off-.-.1951 A
a Assent warr & rets Nd 4 onl951 A
1965 A

M
%

Sale

Jan.

9

Mar. 10
Mar. 11

June 13
Aug. 12
Nov. 16

72 X June 13
46
Mar.
2

27
10 44 Ji
15 102
5 108
26 105

Dec. 16
Feb.

16

Sept. 27
Aug. 12

O

Newark Consol Gas 5s

X a New England RR
220,000
a Cons guar 4s
372,000

For footnotes,




cons

see page

1954 MN

1948 J
5s guarl945 J
1945 J

D

Va
25

X Dec.

% Dec.

16

X

Sale

1

x
Sale
65

M
100 M
62 M

H

„

Sale
73

X Dec.
M Dec.

14

J

27

Sale

27

35

J

25 M

Sale

33

Sale

% Dec.

19

1M

102

1

X Aug. 22

1

16

M May 22
X Nov. 8

X May 22
1M Jan. 26

Va Aug. 29

IX Mar. 16

Dec.

M
Sale

68

73
124

35

Sale

35 X

Sale

X Dec.
100 % Dec.
68
Dec.
123 M

15

Va Dec.

1 102

Dec.

68

Dec.

6

35 X Dec.

1

2

Nov. 27

X Sept.

Va May 15

.231, 92M Sept.

103 Va Aug. 18
69
Oct. 21
125 Va July 27
36 X Nov. 20

11
6

Dec. 27 123 M Dec. 27
7
35 M Dec.

34 M Dec. 26
1
33
Dec.

Nov.

June

12

1

1

123

122

122 M

M

%
Va
Va
X

H

M

M

M

O

M

14.
X

M Jan.

12

Va
Sale

-----

1M

O

M Jan.

X
-----

O

A

175,000
National Steel 1st M 3s
3,217,000
1a Naugatuck RR 1st g 4s
46,000
49,000

99 M

79

a

*

"5",000

108 M 109
109 M Sale

"HI "80~"

1941 MN

4s April 1914 coupon on.
1977
4s April 1914 coupon off
1977
a Assent warr & rets No 5 onl977 A
59,000
Nat RR of Mex prior lien 4 Ms—

150,000

19M
24
28 M
29M 28 X Sale
33
Sale
33 M Sale
54 M
59
51X Sale
105 M 106M 105M 106

National Rys of Mexico—

a

"i",66o

S

50 M
102 M

Nashville Chat & St L 1st 4s A. .1978 F

7,000

300,666

M

A

1955 A O

h Morris & Essex 1st gu 3 Ms
1,422,00
Constr M 5s ser A
1,223,000
Constr M 4Ms ser B
2,226,000
Mountain States T & T3Ms
1,642,000
Mutual Fuel Gas 1st gu 5s
75,000
Mutual Union Tel 5s
71,000

242,000
1,555,000
84,000
4,000
5,552,000
1,957,000

F

14

58
Oct.
122 M Feb.
20
20

Apr.
Apr.

35 X Dec.

14

30.

I

N. T. STOCK

Jan., 1940]
Sales for
12 Mos.
1939

15

New

England t & t 30-yr 5s a.1952 J D

Mn

1st g 4%s series b
______1961
n j Junction rr gu 1st 4s
1986 F
n j Pow & Light 1st 4%s-_
1960

a

1,310,000 New OrleansP s 1st & ref 5s a--1952
1st & ref 5s series b
1955
1,380,000
588,000 New Orleans Term 1st 4s guar. >1953
123,000 t*iN o Tex & Mex income 5s.. 1935
▲Certificates of deposit
1,000
▲First 5s series b
1954
489,000
▲Certificates of deposit
54,000
▲1st mtge gold 5s series o
124,000
1956
▲Certificates of deposit
2,000
▲1st 4%s series d
208,000
1956
▲Certificates of deposit
▲1st 5%s series a
840",000
1954
66,000
▲Certificates of deposit
*—
16,000 Npt & Cin b gen gu g 4%s__—1945

Ask

124 m 125m
Sale
124
90 m
63

_

Dec. 1

1939

104

67 m

71
Sale

66%

53 m Sale
103% Sale
Sale

70

"55""

74 m
Sale

106

Sale

106M

Sale

20

34 m Sale
A

O

¥'a
f

35
31
35

37 m
36m
45

A

32%

36m

ao

39%

Sale"

¥'J

108 m

33

no"

Lowest

Dec. 30

Lowest

68 m
34 m
28

34

35

67
30

"70"

107
69
53

105m
105%
67

29m
22 m
34m

107

Dec. 27 108

Dec.
Dec.
Dec.
56
51m Dec. 28
105m •Dec> 7 9 106m Dec.
106
Dec. 19 107 h Dec.
7
106 m 105"
66
Dec. 11
Dec.
68
Sale
Dec.'
30
Dec.
34m 30
21
Dec. 23
Dec. 23 21
28
32m Dec. 21 34 m Dec. 29
37
108

Sale

68

'

% Dec. 16

W4

Sale
32 m

—.

36"" Sale"
33 m
106

35

34m

31m
36 %
30
107
•

35%

Sale Prices

73
June
6 73
105 M Sept. 19 110
65
Jan.
9 78

23
21

Dec. 23

21

6

June

Oct.
Nov.

31
3

Mar. 10

June
9
Nov. 24
Mar

10

Sept. 29
Dec. 23

3

40

Sept. 27

12

35

Jan.

24M Apr. 24
30
Nov. 17
24
Apr. 29

38

Sept. 29
7

24 M

33 m

30 H Dec; 27

35m
33 m Dec. 15

37m~d"e"c"."29
35

Dec. 27

55m Dec.

_

61

Dec. 30

d^ec.

29

Dec!"

6 59 M
Apr. 10 106M
Apr. 10 107 M
Apr.
8
It*
Apr.
9 38

46M Sept.
102
102
58

24M May
30

32 m Dec.
32 m Dec,

"46"
39

Sale Prices

Aug. 10
118M Sept. 14 129
113
7
Sept. 7 129 M Aug.

33
Dec. 15
32 m Dec.
7
32 m Dec.
4

37

32 m

Highest

Highest

Sale Prices
Sale Prices
Ask Bid
Bid
Ask
129 m 125m Dec.
11127% Dec. 19
125m Sale 127
125 m
123 m 125m
124m Dec.
7 126m Dec. 13

108'"

108%

New Orleans Great Nor 5s ser a 1983
241,000 n o & n'eastern ref 4%s ser a.1952

1939

Jan. 3

Bid

$

570,000
366,000
1,000
863,000
268,000

RANGE FOR YEAR

PRICES IN DECEMBER

Price

BONDS
N. Y. STOCK EXCHANGE

37

EXCHANGE-BONDS

June

Apr"." 10

32 M Dec.
35 M Jan.
43
36

23
Apr. 10
100M Sept. 5 110

9

4

Sept. 27
Oct.
6

May 15

New York Central"rr—

3,915,000
2,588,000
17798000

9,156,000
4,891,000

1998 F

Consol 4s series a

10-year 3 %s secured s
Rer & impt 4 his series
Ref & impt 5s series o
Conv secured 3 ms

a

a
a

o

a

o

1946
2013
2013
.1952

f
a

2,341,000 n y o & h r g mtge 3 ms—«
Debenture 4s of 1912—
3,801,000
Lake Shore coll g 3%s_.i
697,000
Mich Cent coll g 3 %s_ - -~
530,000
New York Chicago & St Louis3,990,000
Refunding 5 ms series a
15781000
Refunding 4Ms series c
4s collateral trust
729,000
1st mtge 3 ms extended to—.
318,000
756,000
3-year 6% notes
-—
1,402,000 n y Connecting 1st gu 4ms a.
102,000
1st gtd 5s series b
834,000 n y Dock 1st gold 4s.
Convertible 5 % notes ...
531,000
1,425,000 n y Edison 3Ms series d.____
1st lien & ref 3 Ms series e—,
942,000
-

o

mn

.1997

J

.1942
.1998 F
.1998 F

A

"l974

O

A

j

A

.1978 m s
.1946 f a

.1947

63 m
67 m
83 m
80 %

66%
64%

59
Sale
Sale
Sale
Sale

61
72
54 m

Sale

Sale
Sale
Sale

55%
76 m
53 m
61m
59 m

61
60 m

Sale

Sale

77

Sale
75
66

85
59 m

Sale
Sale

70

Sale

61m Sale
53 m Sale
74
78
84 m

.1941

105
Sale
104 m 106 %

.1953
.1953
.1951
.1947
.1965
.1966

54

59 m

49

53

107h 108
108 m Sale

n y & Erie—See Erie rr.
262,000 n y Gas el Lt Ht & Pow 5s— .1948 j D
Purchase money coll tr g 4s.. .1949 FA
586,000

161,000
158,000
268,000
52,000
39,000
32,000
32,000

67 m
77 m
59 m

125 m

116m 116m

▲n y & Greenwood Lake 5s—1946 M n
n y & Harlem g3%s-—2000 mn
n y Lack & Western 4s ser a..1973 AfN

97

50

18m
99 m
68%

Guar 4m® series b__
-1973 AfN
▲nyle&w Coal & rr 5mb-1942 AfN
▲Dock & impt 1st 5s
;
1943 j J
n y & Long Branch gen 4s._-.1941 m s
1* an y & NEng (Bost Term) 4sl939 a o

47 m

74 m
95

14m

Sale
Sale

55 m

77

75 m Dec.
84
Dec.
56
Dec. 22

78m Dec. 30

50

54m Dec. 26

64 m

59
Sale

§28

Sale

53 m
52
109
109 m

Sale.
Sale

Dec, 13
Dec. 12
Dec. 27

Dec.
Dec.
Dec.
Dec,
Sale
49
52
Dec.
48 m Dec.
49 %
49%
109
Dec.
109 m 108
109
109% 108M Dec.

124 %

123}
116j

Sale

1

78 m Sale
85%
87 m
58 m
64 m

Sale

61m
Sale
53 m
54 m Sale
81m
79m
79
§9^
.83% 82 m
si* 84 m
73 m
\77
73
73
105m
105m 105m 105 m
Sale
107
107
108% Sale
Sale

63 m

76m Dec.
55

123 m Dec.

117m

116m Dec.

11m
13 m
13m
98 m 100
100M 102
53 m Sale
55
Sale
12

66

57

65

50

—

73

50m Dec. 27
55m Dec. 27
57 m Dec. 27

Sale

61m

65
61

75

60

80

65

75
75

75m

99%

75m

7
11

2f7
30
14
28
4

11

Dec. 30

61m Dec.
1
61m Dec. 19

86
Dec. 12
59 m Dec.
5
58m Dec. 29

65
57
81

Dec.
Dec.
Dec.
84
Dec.
76
Dec.
106
Dec.
108 H Dec
53 m Dec
52
Dec
109m Dec
109 % Dec

Aug. 25
Sept. 1

Sept.
47M Sept.
50
Sept.
75
72

Sept.
July

56

Dec.

73 M Man. 10

82M Mar., 10
67

72 M Sept. 27
77M Mar. 10

1
3

84M Mar.

22

54M Dec. 26

9
89
Nov.
8
70
Mar.
4
68 M Mar. 13

8
47M Apr.
39
8
30
Apr.
65
14
Apr. 11 83 M
77 M May 12
9
$k6/*
50
29
Apr. 11 79
18 100
Sept. 5 107
Oct.
5 108 M
1 104
1
47M Sept. 2 59 M
1
48M Aug. 24 63
22 100
Sept. 6 110M
2 100
Sept. 23 112M

Dec. 29
Dec:
9
1
Dec.
Dec. 30
Dec. 21

Sept. 27

_

1
1

29

7 125
Dec. 22
6 117m Dec. 13

11
Dec. 20 13 m
8 101
99m Dec.
5
55
51m Dec.
65
Dec. 30 ,65
61m Dec. 21 61m

50
67
42

WA

Sept. 27
Sept. 27
Mar. 13
Mar. 20

Sept. 28
Mar. 25
Nov. 30
Mar. 11

Sept. 11
Jupe 2
June

6

116M Sept. 18 126M June 23
108M Sept. 12.119M July 15
11
Dec. 201 if M
99M Jan.
5 102M
48M Apr. 13 63
54
May
4 68

Jan.

19

Aug.

9
14

Mar

99%

75

Sale
-----

71

Dec. 13

71

Dec. 13

33
50

70

Feb.
1
Jan. 11
Mar. 17

70

Sept. 13
Oct. 27

71M Nov.
75M Jan.

2
9

finy New Haven & Hartford—
228,000
131,000
435,000
558,000
812,000
996,000

▲Non-conv debenture 4s
▲Non-conv debenture 3 ms-

-

14 m
14%
15m Sale
15m Sale

1947
-1947

18*

▲Non-conv debenture 3 Ms
1954
▲Non-conv debenture 4s.. —1955
▲Non-conv debenture 4s
1956

Sale

Sale

▲Convertible debenture 3 Ms_ -1956
17 y
25

▲Convertible debenture 6s
1948
4,816,000
▲Collateral trust 6s
1940
1,639,000
738,000
▲Debenture 4s
1957
▲1st & ref 4 Ms ser of 1927-—1967
3,103,000
1 ▲Harlem r & Pt Ches 1st 4s-1954
*333,000
y Ont & West 1st g 4s
2,504,000
1992
▲General 4s
—1995
554,000
12,000 {▲ny Prov & Boston gen 4s—.1942
146,000 n y & Putnam 1st con guar 4s—1993
183,000 n y & Queens el Lt & Pr 3 Ms--1965
New York Railways Corp—•
Prior lien 6s stamped
174,000
1958
608,000 n y & Rich Gas 1st 6s a
-1951

Sale

Sale

8
17

55
Sale

16%
16

15%
16%

18*

.4

65%
48

Sale

jgk
77

\\»
16m

Sale

15

17% Sale
Sale
Sale

26 m

k

Sale
Sale

Sale

6

3

3m

75

"54"

15
Dec. 21
14
Dec. 18
13 m Dec. 19
14 m Dec. 20
15
Dec.
5

16 M Dec.

*16
Sale

13m Dec. 20

16

17

Sale

24m Dec. 21
4
4m Dec.
1
16m Dec.
55
Dec. 20

19M
32
5M

Sale

16m
15m Sale
15 %

Sale

Sale

54 m
8

13%

VP*

32

h*

20

5% Sale
18 % Sale
60 m
62
5m Sale
3
3m
78
50
109

5

49

51m
110m

109m 110

104
90

105 m
97 m

106% 108m 107
106m 107
105
105
105m 104m 107

Sale

Dec. 27

109 % 109

17

16
Nov. 15
16 M Nov. 21
17 M Nov. 22
17 M Nov. 27
16 M Nov. 21

3
Apr.
May 25
9
May
Apr. 26
Apr.
Apr.
Apr.
Apr.
3M Aug.
10M Apr.
42
Aug.

18*

Dec.

17M Dec.

19

17

10

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

61M
6M
3M Dec.

5

Dec.

Dec. 14 50
Dec. 23
Dec. 16 109M Dec.
8

2m Dec.
62
May
44% May
102 M Sept.

Dec.

104

2m Dec. 28

109 8

48

Dec. 19

11

15M Dec,
15M Dec.

Dec.

12 107

Dec. 12

4 105M Dec.

2

Nov. 27

20 M Sept. 27
Dec. 30
32

Sept.
Sept.
61m Dec.
10m Sept.
7M. Sept.
82
Oct.

211%

27
27
29

27
27
21

55 M Nov.
1
110M Jan. 20

Mar. 31

93

Jan.

94M
5M
4M
4M

108 M June 13
18 105 M Nov. 20

Sept.
Apr.
Dec.
July
July
Sept.

•ft

3,920,000 New York Steam Corp 3 Ms
1963
667,000 t»*n y Susq & West 1st ref g 5s.1937
*
▲Second gold 4%s
12,000
1937
▲General gold 5s
321,000
1940
71,000
▲Terminal 1st gold 5s
1943
610,000 n y Tel ref 3Ms series b...... 1967
97,000 n y Trap Rock 1st s f g 6s
1946
303,000
6s stamped
1946
an y Westches & Bos 1st 4Ms 1946
2,103,000
549,000 Niagara Falls Power 3 ms
1966
250,000 Nlag Lock & Ont Pow 1st 5s a..1955
1,137,000 Niagara Share (Mo) deb 5 Ms. .1950
1,329,000 ^▲Norfolk South 1st & ref 5s a_l961
384,000
▲Certificates of deposit
-

101m Sale
12 m Sale
9

5m Sale
30

1941

4s. 1996

j
J
M s
a

o

Sale

63
57 m
3m

75
Sale

108

AfN

Sale

F

a

Sale

AfN

60
Sale

Sale
a

o

1949 F a
1954 F a
1959 F a

_

247,000 i iOgden & Lake Ch 1st guar g 4sl948
125,000 Ohio Connecting Ry 1st 4s
1943
2,318,000 Ohio Edison 1st mtge 4s
1965
1st mtge 4s
1,013,000
1967
1st mtge 3Ms
3,395,000
1972.
698,000 Oklahoma Gas & Elec 3 ms
1966
4s debentures
-1946
543,000
392,000 Ontario Power n f 1st 5s
1§43
1945
163,000 Ontario Transmission 1st 5s
1946
[410,000 Oregon rr & Navcon g 4s
1249,000 Oregon Short Line 1st con g 5s—1946
409,000
lstguar cons 5s stamped
1946
3,302,000 Ore-Wash rr & Nav 1st & ref 4s 1961
1,396,000 Otis Steel 1st mtge 4Ms a
1962
256,000 Pacific Coast Co 1st g 5s——1946
1964
2,469,000 Pacific Gas & el 4s series g
1st & ref mtge 3 Ms series h..1961
2,677,000
1st & ref mtge 3 ms series i—1966
2,330,000




see page

30.

68

110m

4,000 North Cent gen & ref 5s ser a—1974 Af s 115
Gen & ref 4ms series a
2,000
--1974 Af s 106
t ▲Northern Ohio Ry 1st guar 5s
42 m
37,000
Apr 1 1935 and sub couponsA.1945 a o
▲Oct 1938 and sub coupons... 1945
35%
36,000
▲Certificates of dep stamped
5,000
Apr '33 to Oct '34 coup
1945
38
April *33 to Oct *38 coup—-1945
83
4,119,006 Northern Pacific prior lien 4s__l997
53
Gen & lien ry & Id gt 3s. .Jan 2047
3,817,000
56 m
Ref & impt 4 Ms series a
1,278,000
2047
68
Ref & impt 6s series b
8,711,000
2047
59 m
Ref & impt 5s series c
791,000
2047
58 m
Ref & impt 5s series d
1,250,000
2047
107 m
1967
2.047,000 Northern States Power 3 Ms
j
n'western Teleg 4ms extended. 1944

For footnotes

40

108 m

-

150,000 ^▲Norfolk & South 1st g 5s
1,209,000 Norfolk & West ry 1st con g
1,583,000 North Amer Co deb 3 Ms
Debenture 3 ms
1,408,000
Debenture 4s
1,206,000

11

4

105
9

5m
8
5m
5%
38 m
42
110M
109 m 110
85 m
80
86
Sale
83 m
88
4
Sale
4%
109 m
110
109
109% 109m
103
103 m Sale
12

8

Sale

11m
52
121

12%
55
Sale

m
54

Sale

9m
6m
7

104M Dec.
9

4M
5M
37
108M
83 M

Dec.

8 105
5

Dec. 27
Dec. 21

Dec. 19

9M Dec. 13
4M Dec. 28
6

Dec.

Dec. 27 40
Dec. 15 110M
Sale
Dec. 11 86
87
Dec. 20 88
89
Sale
3M Dec. 18
4%
7 110M
110m 109M Dec.
39
Sale

109m 109M
Sale
102H
Sale
10M
Sale

10

57

53

120
122%
106 m Sale" 106
106 % Sale
105 m 105% 105M
105m Sale
106 % 107 m 106m 107 m 105M

105m

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
5 110
Dec.
Dec.
Dec. 29 103M Dec.
Dec. 22 12M Dec.
12
Dec. 27
Dec.
Dec. 13 55M Dec.
Dec.
8 122 M Dec,
Dec. 12 106
Dec.
1 106
Dec.
Dec.
Dec. 28 107M Dec.

2

30
30
15

27
7

7
7
19
27

82

36 m

44

37

42

40
Sale
Sale

38
Sale

Sale

40 m

Sale

36
68
41

Sale

44

Sale

46 m

Sale

54 %
47-

Sale

48 m

Sale
Sale
49

47

Sale

49

Sale

108
95

Sale

109 H
95

9m Sale

7Vs

100

Sale

Sale
101m Sale
107
104 m Sale

m""
109
Sale

116 m
Sale

Sale

35%

Sale

107
107 % l08M
109 m Sale
Sale
106
109
109 %
105
106 m

57 m

Sale

7
Aug.
41
Sept.
114M Sept.

1

98

97 M Sept.
99
Sept.

40

Dec.

Dec. 15

6

50
43
43

38

Dec.

15

Dec. 30
Dec. 30
46M Dec. 30

68
42

64M Dec.
37M Dec.
Dec.
38 J
Dec.

57M Dec. 30
48M Dec. 29
49
Dec. 29
110
Dec. 28

Dec.
Dec.

107M Dec.

9'm

7M Dec. 19

9M Dec.

Sale

6 108 M Dec.
107M Dec.
109
108M Dec. 28 109M Dec.
Dec. 11 106 M Dec.
106M 105
109
Dec.
6 109M Dec.
110
7 106M Dec.
106
105M Dec.
105'si Dec.
1 10719»iDec.
107»s« Sale
105% Sale
2 105M Dec.
105m 117% 105m 117M 105M Dec.
105
Dec.
1 Ill
Dec.
110m
110%
6 116M Dec.
116
115M Dec.
115m
117
118M 117M Dec. 11 118M Dec.
116m
Sale
Sale
105
104M Dec. 21 105M Dec.
105
Sale
75
Dec. 27 76M Dec.
78
76
76

61m

Sept.

9

11
45

Feb.

17

Sept. 27
Mar.
8

niy2 June 14
86 • July 18
92

Nov. 29

,.5h Sept. 27
5
111% June
110

Nov.
Dec.

1
7

Jan.

4

103%
17 H
15%
60

Jan.

124

June

Jan.

5
10
8
107% Nov. 10
106% Aug.
7

108% July 28

Mar. 24 107

Feb.

9

38
50

Dec. 28
Jan. 27

Feb.

8

38

Nov. 14

64M Sept.
37 M Dec.
38M Dec.
50

Dec.

42 M May
42 M May

98H Sept.

50

55% Mar. 17
38

Nov. 14

85

Mar.

9

53% Mar. 13
60% Mar. 11
74% Mar. 11
65

64

Mar. 10
M w. 10

110% May 29

-----

59
Sale

Sale

ll2r"

60
Sale

113""

Sale

110%
107%

Sale

112m

Sale

Sale

109

Sale

Sale

Dec. 28

107

108m
108 m
106 m
109m
105 m

Apr.

7M Aug.

2
4

45

67

Sale
Sale
Sale

94

106

46

Sale

107M Sept.

107 H July
6
12 H Sept. 27

112M Apr. 22 114% June 15

38

48

Jan.

2
29
Apr.
4[ 102M Sept.

105m 117

-

100
62

70M Jan.

107
—-

4m
6%
105
108
106 m
106 %

104 m Sale
9m Sale

58

Dec.

111M Dec.
109 M Dec.
107 H Dec.

6

59

Dec.

8 113 M Dec.
8 112M Dec.
1 109
Dec.

1

6
105

Aug.
Apr.

97 X Sept.

98H Sept.
96M Sept.
102

Sept.
101H Sept.
95 H Oct.
102 H Nov.
104 M Sept.
112K Sept.
114
Sept.
98
Sept.
64 % Apr.

53
101

Apr.
Sept.

101M Sept.
100
Sept.

10%
108%
109%
109%

Oct.. 28
June

it

Nov.

8

Dec.

1

109% July 15
110
Apr.
4
6
106% Dec.
113%
116%
111%
117%
118%
107%
81%

Mar. II

Mar.

3

June 26

June

2

July 31
June 15
Jan.

9

65
Aug.
5
6
113% May
112% May
8
110
May 13

28

N. Y. STOGK EXCHANGE—BONDS

Sales for

12 Mos.
1939

|l

BONDS
n. y. stock

Price

1939

exchange

S
224,000 ♦iPacific RR of Mo 1st ext 4s_-1938
44,000
*A2d extended gold 5s—
1938
858.000 Pacific Tel & Tel 3 Ms series B__1966
732,000
Ref mtge 3MS series C
1966
6,000 Paducah & Illinois 1st s f 4M8--1955

568,000 Panhandle Eastern Pipe L 4s A_ 1952
Paramount Broadway Corp—
1st mtge s f g 3s loan ctfs
1955
Paramount Pictures Inc—
1,409,000
3 Ms conv debenture
1947
324,000 Parmelee Trans conv deb 6s
1944
16,000 Paterson & Passaic G & E 58^—1949
109,000 APaulista Ry 1st & ref 7s ser A__ 1942

352:000

Pennsylvania Co—
Guar 3Ms coll tr ctfs ser B_._1941
Guar g 3 Ms tr ctfs ser O
1942
Guar g 3 Ms tr ctfs ser D---—1944
40-year guar tr ctfs 4s ser E__1952
28-year 4s
---1963
Penn Dixie Cement 1st 6s A
1941
Penn Glass Sand 1st mtge 4 Ms-I960
Penn Ohio & Detroit RR—

Bid

Bid

73
108 m

109

109 m

105 M

Sale

101M
105m 110

57 m

Sale

45

88 M

Sale
50 m

85 M

Sale

46

Sale

61M

121H
59 M

67

J

63

A

O

108

J

D

J

J

108
101

A

M S
O

49

M S

122

A

Dec.

93
Sale

A

M S

Dec. 1

Ask
Sale

F

J

F1

RANGE FOR

PRICES IN DECEMBER

YEAR

1939

Jan. 3

M S

Ask Bid

74 M

77 M
75

Sale
110

49 m

74M Dec. 26

77M Dec. 29

67

74

75

Dec.

9

Dec.

108M Dec.
1 109M Dec. !
108M Dec. 14 110M Dec. :

101M
105

Sale

48

Sale

84 M
44

41M
66

Sale Prices
Mar. 10

65M Jan.

Sale

83 M

Highest

Sale Prices

Sale Prices

Sale Prices

80

109M HI

124

67 Vs

Ask

Lowest

Highest

80

75 m
70
110

Lowest

30

125
Sale

104M Dec. 27 105M Dec.

45M Dec. 16
83

Dec. 26

41M Dec.
123

Dec.

59M Dec.

12

48

7

Dec.

28

86M Dec.
46M Dec.

5
6

Jan.

45M Dec. 16
77

83

Dec. 29
June

8

June 12

Aug.
Dec.

2
7

57M Jan.

17

Sept. 26
41M Dec. 12

6 123

Dec.

6

116

Oct.

66

Dec.

30

45

Apr.

6

3

16 77M
100
Sept. 5 112
100
Sept. 5 112M
101M Feb. 23 104M
99
Sept. 5 105M

91M Aug. 15
58
Feb. 27
16 127
July 24
Oct.

28

103 M July
104
July

17
25

106

Dec.

28

105

6

73

June 26

„

71 000
7, 000
81 000
473 000

3,380, 000
530, 000
129, 000

579, 000

1st & ref gold

97, 000 Penn RR consol gold
884, 000
Consol gold 4s
403, 000

1,844, 000
1,102, 000

7,610, 000
2,257, 000
4,375, 000
2,518, 000
1,548, 000
5,918, 000
152, 000
678, 000

1,041, 000
528, 000
88, 000

1,138, 000
280, 000
886, 000

4,976, 000
278, 000
77, 000

152, 000

A

J

D

J

D

99m 102
100 M
99

MN

100m
98 m Sale

F

99 m

A

M 5

J

D

A—-1977

A

O

1981
Lt 3Ms--1969
1974

J

J

F
F

Sale
94

91m
106m 107m

A

A

4Ms series

4, 000
4Ms series B
2,068, 000 Pennsylvania Power &
1,237, 000
4Ms debentures

F

;

1943

MN

1948

4s

MN

Stamped dollar bonds --^--1948
Gen mtge 3 Ms series C 1970
Consol 4Ms issue of 1915
1960
General 4 Ms series A—
1965
General 5s series B
1968
Debenture gold 4Ms1970
General 4 Ms series D_
1981
Gen mtge 4 Ms series E
1984
Conv deb 3 Ms
—
1952
Peoples Gas & Coke 1st 6s
1943
Refunding gold 5s—
1947
Peoria & East 1st cons 4s— —1940
a Income 4s (flat)
--------1990
Peoria & Pekin Un 1st 5Ms A. -1974
Pere Marquette 1st 5s series A__ 1959
1st 4s series B
1956
1st g 4Mb series O------- —1980
Phelps Dodge conv 3 Ms deb
1952
Phila Bait & Wash 1st g 4s
1943
General 5s series B
1974
_ _ _

General g 4Ms serine
General 4Ms series D

1977

93 m

Sale
94

-----

Sale
Sale

O

A

115

Sale

97

Sale

Sale

D

104 h

Sale

O

86 M

Sale

O

92 m

Sale

J

93

Sale

O

82

Sale

O

116m

M S

113 m
56 m

A

O

Sale
Sale

5

Apr
F

A

J

J

66 %

J

J

6M

103 m

1*

M 8
J

D

MiV

Sale
Sale
Sale

115

Sale
108 M
108 M

108

F

A

107 m

J

J

105 m
103

110

104M
1981 J D
98 m Sale
gold 5s- — — 1967 J D
1967 M 8 110m 110M
1,892, 000 Phila Electric 1st & ref 3 Ms
13 m Sale
J
2,514, 000 X APhila & Read C & I ref 5s. —1973 J
Sale
AConvertible deb 6s
----1949 M S
2,678, 000
13 m Sale
J
J
982, 000 1* APhilippine Ry 1st 30-yr s f 4s. 1937
ACertificates of deposit
5,375" 000 Phillips Petroleum conv 3s——1948 M S 112M Sale
93 m Sale
539, 000 Pitts Coke & Iron conv 4Ms A--1952 M S
236, 000
6,613, 000 Phila Co secured

132,
99,
11,
24,

-

000 P O C & St L g 4Ms series
000
Con 4Ms series B guar g

A

O

104 m 108

A

O

106

000

MN

000

47, 000

46" 000
8, 000
191, 000
49, 000

741, 000
922, 000

2,176, 000
7, 000
349, 000
255, 000

1,331, 000
31, 000

Con

A—1940
1942
4mb series C guar g
1942

1945 MN

Con 4s series D guar g
Con 3 Ms series E guar
Con 4s series F guar g

1949

g

1953
1957
H guar g--.
1960
Con 4M» series 1 g
1963
Con 4Mb series J guar
1964
Gen guar 5s series A—
1970
General g 5s series B
1975
General 1 Ms series C—
1977
Pitts Va & Char 1st guar 4s
. 1943
Pitts & West Va 1st 4Ms ser A. 1955
1st mtge 4 Ms series B
1959
1st mtge 4Ms series C
---I960
Pitts Y & Ash 1st gen 4s ser A—1948
1st gen 5s series B
1962
1st gen 5s series C
1974
1st 4Ms series D
1977

F

A

J

D

103 m
103

A

105

F

A

112

113

MN

111

112m

J

D
O

102 m
102 m

Sale

A
J

J

92m

94 M

"45m

107 m
51

Potomac Elec Power 1st M
Pressed Steel Car deb 5s

MN

Gen mtge 4Ms series C
744,000 Revere Copper & Brass 1st
68,000 ARheinelbe Union s»f g 7s
a3 Ms assented
6,000

44

55,000 ARhine-West Elec Power 7s
ADirect mortgage gold 6s
164,000
ACons mtge 6s
181,000

99

59
105 m
42

5§S
108 M

~~3m

M S

49 m

mtge 6s

Sale

Sale
Sale
Sale

4M
Sale

Sale

110m
98

--

—

108

97 m

Sale

42 m
45

105m
110m

47 x
47%
Sale
-----

78 m
106m
50 m
52 m
17

108m
84 m
4m

Sale

Sale

Oct.

9 10814

Tune 23

102M Sept. 28 109 M Nov. 29
105
Dec.
5 106M Jan.
12

41M
42H
40M
106M

Sale

65

42

29
11

108

62

64 M

Sale"
6M

18

Sale

109

Sale

Sale

80

84 H

3M

4M

60

113 m 111M iiiM
146
153
149

109

Dee.

81

Dec.

3M
60M
110M
141M

7

Dec.

16

Dec.

15

23

Dec.

8

104

Dec.

2

64M Dec. 29
64

Dec.

22

18M Dec.

12

30 109M Dec.
85
27
Dec.

29
14

8
Dec.
Dec. 29
Dec. 28
Dec. 22

5 222

Dec.

29

6 109

Dec.

27

5 104

Dec.

15

50 M
50
Sale

83 m

Sale

Sale

50M Dec. 20

52

Dec.

23

55 %
73 M

Sale

55

59M Dec.

5

,

74M
Sale

99 M
98 M

68

Dec. 30
Dec. 20

68 M Dec.

100 M

21

99M Dec.
25

Dec.

13 100
95
14
1 109

27

15M Dec. 28
13

Sale

30m
13 m

40
29

11M

49
Sale
12 M

Dec.

Dec.
Dec.
Dec.
Dec.

1

25

Dec.

5

Aug. 16

99 M Aug. 19
107 M Mar.

8

59 M Sept. 27

Sept. 27
59 M Sept. 27
106 M June 26
59

July
Mar.

58 M Jan.

23
24

83

107 M Aug.
Dec.

29

Dec.

22

19

Aug.

10M Sept.
101M Sept.

Nov. 20

1I0M June 14
88

Mar. 14

6

Aug.
1M June

70
40

3
9

Aug.

64 M
64

Aug.

Sept.27

60 M Dec. 29
112
Aug. 17

Feb.

102 M Sept.
Oct.
131
Oct.
200

153

Julv

13

224 M Aug.

3
110M June 28

99

Sept.
95 M Apr.

104 M June 23

94

100

5
4

Dec.

12

Dec.

18 109M Dec.
Dec.
18 105

4

27

5

18

8M Dec. 27

100

96
116
96

Oct.

7
5

914
100 M
102 M

Dec.
Nov.

13

3

Sept.11
Nov.

3

101M June 2051

Jan.

10

15 H Dec. 28
Mar.
7

10 M Oct.

7

9

July 18
102M Aug. 14

Dec.

12

Mar. 10

105

Dec.

25

5

Mar.

80

85H Apr.
102M Apr.
85M Apr,
95
Apr.

18

June 23

80

Sept.
Sept.

2

Jan.

63M Oct.

Dec.

13

13
Dec.
5
13 M Dec. 19
13 M Dec. 20
13 M Dec. 20

Dec.

68
92

18

79
63

50M Dec.
65
Sept.
50
Sept.
66M Sept.

27

15M Dec. 28
14M Dec. 19

Dec.
Dec.

Dec.

29

95% Dec. 18
6 100M Dec. 29

12 M

Dec.

Dec.

12

15
Sale

73

73M Dec. 30

97M Dec. 27 100
96M Dec. 18 100

Dec.
98 M 100M 100
93 M Dec.
94 Vs Sale
107 M Sale
106M Dec.
94
Dec.
94
95M

20M

22

27 M Aug.

Sept.
Sept.
Sept.
Sept.
Apr
Nov.
Nov.

2

28

Jan.

14

28

Jan.

14r

27 M •Tan.
110
106

Sept.
Aug.

4

5
8

17
Mar. 13

Dec.

1

45

Dec.

11

7M
42
Dec.

27 M Dec.
11
Dec.

27

31

Dec.

18

27M Dec.

44

Jan.

12

12M Dec. 29

Dec.

20

Jan.

7
5

Sept.

7

42

Dec. 27

11

13M Jan.
46

120

104

107

107

109M

107""

109 M
Sale
105M Dec.
Sale
7
Dec.

"l6""

8

8M

10M

"Id"

8

13

16 %

94

Dec.

107

Aug. 18

53

i05M
8M
9M

82

4M
Dec. 27
Dec. 29 60M
Dec. 14 111M
Dec. 22 141M

216
Dec.
Sale
218m 222
Sale
108M 109 M 107M Dec.
Sale
Sale
103 M Dec.
104

118

7M

1

48M Dec. 19
48 M Dec. 11
15 M Dec. 27

13
13 Vs
12M
13M
13M
12M
12M
13
13 M
112M
108
108 M Sale
108 Vs 108
105
102 M 105M 102M 105
8M
10M
8M
10m
7M

Sale

Dec. 28 44 M
Dec. 22 45
Dec. 27 46
8 106M
Dec.

78M Dec.

12 %
12 M

"55"

28

105 M Sept.

52

26 M

13

45

81

104 m
103 m

—

102M Sept. 26 105 M Mar. 16
9
106M Oct. 21 109 M June
104

106M

"55"

O

10M
97 M

8M
97 M

9M
Sale

109 M

109
93 H
88 M

18

106

Sale

107

Sale

42m Sale

A

Sale

8

'

106

M S

106 M

3

Sept.13
105M Sept.
90
Apr. 28 101M Sept. 13

110m

58

107 m
103 m

43

30

106

117m 115

42 m

29 M
30M

1,031,000 Saguenay Pow Ltd 1st M 4 Ms. .1966 A O
54,000 St Jos & Grand Island 1st g 4s_ .1947 J J
St Lawr & Adirondack 1st g 5s—1996 J
J
2d gold 6s—
-..1996 A O

Jan.

1 117

Sept.

26 M

5

7
14

Oct.

26 M

J

29

Sept. 28
Sept. 11

101

26 M

1941 J

19

101M Jan.
92 M Sept
106M Feb.
23 M July
23
July

A

5M
7M

Dec.

112M May 19

110

1953 F

Sale
35

1 106 %

1

1950 MN
1952 MiV

5

13
6

9

105

108

13M

12

Oct.

107 m 108m 105M Dec.
7 107M Dec.
Dec.
105
Dec. 22 106
Sale
106
99
Dec.
1
99
Sale
96M Dec.

Sale

J

Sale

115

Sale

106

21M

O

Oct.

72

111

J

M S

68

115M Sept. 5
111M July 28
115
July 25
110
Aug. 17
8 107 M June 16

3
108M Aug.
117 M July 28
7
118M June
107 M Aug. 16

1946
1953 J

M

27
27

Feb.

15

M

Oct.

11M Oct.

Oct.

Sale

M S

77

106 M Aug.
4
76 M Oct. 11

Jan.

96

39

6

Sept.
Sept.
Sept.
Sept.
Sept.

117M Aug. 11

105

Sale

1967
1967
1969
1934

I

7M
3M
9M
2M

Sept.
Sept.
Sept.

7

Mar. 25

90 M Oct.
6
117M Mar. 11

105
110

99 M
50

41m
19 h
122 M
108 h

109M Dec. 13 111M Dec.
96M Dec. 28 98M Dec.

2

June

8

J

J

6

13

7
2

2

Mar. 15

28

J

J

12

1
Dec.
Dec. 16
8
Dec.
Dec. 29
Dec. 27
Dec. 19

97

Nov.

Dec.

J

13m

11

Aug. 16

8 117M Dec.

1946 J

F

29

6

June 21

101M
108 M
90 H
97

8 109

Sale

30

29

Dec.
Dec.

90 M June

120

Dec.

100

Sale

Dec.

Dec.

109M Sept.28
Aug.
4
113M July 15
114

Dec.

100 %

104 M
20 M

Dec.

18
5

108

94 M Sale
98
100 m 100

J

Dec.

6
Sept.
7M Sept.
8M Oct.
1
Sept.
0
Sept.
2M Sept.
0
Sept.
9
Apr.
0
Sept.
9
Sept.
4 M APr0
Sept.
8
Sept.
3
Aug.
3
Aug.
3M Jan.
7M July
2
May
4
May
6M Mar.
3M Sept.

5

94 m

Sale

9

95 M May 26
108 % Dec. 30
108 M Nov. 24

5 105M Dec.

Sale

94

9
8

99 M Aug. 17

Jan.

0M Sept.
1M Sept.

Dec.

99 Vs
98 m

Sale

J

Sale

105

Sale

107

Sept

3M Jan.

18

73 M
99

MN

Oct.

18 102 M Dec.
12 107 M Dec,

98 m

1948 A

For footnotes, see page 30.

Sale

114m
107 m

72

M S

Dec.
Dec.
Dec.

Dec.

116

Sale
Sale

MN

19

Dec. 15
Dec. 14
8
Dec.
Dec. 22

Dec.

108m 109m 109

70

Sale

1955

Dec.

113

71

1949 J

f ARutland RR 4Ms stpd

Sale

56

102 m

114

96M
96 H
86M
6 115M

Aug. 14
100 M Aug. 11
107M Jan. 16

105

J

M S

Sale

96

108 m
107 m

J

J

1

Sale

102 M 103 m 102M DeC.
106 m 106m 107 m 109
106M Dec.
108 m
107 m
109 m
105m

59 m

J

88 M Dec.

Sale

Sale

& coll tr 4s series A. .1949 A
Rochester Gas & El 4 Ms ser D..1977 M

15:000 AKuhr Chemical 6s

98

Sale

O

9

29

Dec.
Dec. 22
4
Dec.
Dec. 18
Dec. 27

87 m
Sale

16

Dec.

1 101H Dec.
Dec.
1 108

Dec. 22 118

10217aj

50

D

con

220,000 1 ARutland-Canadian 4s stpd

111m

55m

D

87% Dec.
117

107M
85 M
94%
95M
83 M

Sale

89

105

6

74 m

J
A

Sale

115m Sale
115M Dec. 30 117
74
66
Dec. 18
68 M
69 m
10
8
Dec. 27
9m
9M
7m
8m
Dec. 18 106
h0m 106 M 110m 106
67
63 M Dec. 28
65"' Sale
Sale
64
57
52 M Dec.
56
7
50
57
58
56
Dec.
60
Sale
59
4
58
55 m
109
Dec.
4 111M
110
Sale
110m Sale
109m 110M 109M Dec. 14 109M
109m
1 114H
111M Dec.
114m Sale" 110m 115
106 m 107
106M Dec. 29 108V8
108m 110
.107"
106 m
105M Dec. 14
106m Sale
Sale
6 106M
106
105M Dec.
105m Sale
109 M Dec.
7 111
110
110M 110M Sale
12 M
10M Dec.
11m Sale
11m Sale
3M
3M Dec. 11
3M Sale
3m Sale
7%
6M Dec.
6m Sale
6m
70

140

93

j*ARio Grande Western 1st g 4sl939

Gen mtge 3 Ms series H
Gen mtge 3 Ms series 1
Gen mtge 3 Ms series J
225,000
557,000 *t ARock Is Ark & Louis 1st 4 Ms

86
115

Sale

95

Sale

112M 114
116m 117

216

F

Sale

19

6

108
86 m
96

21

4 114

Dec.

ioim 101M 100M Dec.

Sale

Dec.

Dec.

113

Sale

85 m

J

97 M

12

113% Dec.
6
88M Dec.

112

Sale

88
Sale

Sale

110

D

98M Dec.

Sale

Sale

O

J

109

98M Sept.
96 M Sept.

3

113m
113m
88 m
117m

113

88
95 m
95 x

D

1,040,000

"i~66o

108

J

J

97M Dec. 22

1 108M Dec. 30
106M Dec.
2
108m 107M Dec. 13 108M Dec.
109 m 108M Dec. 13 108M Dec. 22

Sale

A

J

'94

97 m
100

109
114

J

Richfield Oil 4s conv deb
-1952
Richmond Term Ry 1st guar 5s_1952
ARima Steel s f 7s
1955
1*aR1o Grande June 1st guar 5s 1939




107

J

J

96m

107M
111M
111M
87 m
117m
100 H

106

Sale

82
MN

1,631,000
97,000
18,000
40,000
574,000

197,000

51

106

A

4MS-1956

61,000 ARhine-Ruhr Wat Serv 6s

Alst

•

IoIm

J

98 m
100

101M Jan.
101M Jan.
99M Jan.

102

Sale

108M Sale

-----

1956 MN

2,035,000

ACons

49

44

3 Ms-1966

*a6s stamped
1941
20,000
745,000 Read Co Jersey Cen coll g 4s—1951
Gen & ref 4Mb series A
1997
2,202,000
Gen & ref 4Ms series B
1997
466,000
2,769,000 Remington Rand deb 4Ms w w.1956
220,000
4Ms without warrants
---1956
4,000 Rensselaer & Saratoga 1st gu 6s _ 1941
3,111,000 Republic Steel Corp 4 Ms ser B„ 1961
Purch money 1st 5Ms conv. -1954
1,944,000

Sale

7 102M Dec. 22

Dec. 28
105M Dec. 21 106
1
6 104H Dec.
104
Dec.
Dec. 29
7 103
100M Dec.
93
Dec.
6
99H Dec. 26

104

103

F

D

96

102M Dec.

105m

Sale

103

MN

1951
X AProvidence Secur deb 4s gu_—1957
t AProvidence Terminal 1st 4s—1956
Public Service El & Gas 3 Ms—1968
1st & ref mtge 5s
2037
1st & ref mtge 8s.
2037
1,505.000 Pub Serv of Nor 111 3 Ms. —
1968
1,463,000 Purity Bakeries Corp s f g 5s_ __ 1948
X ARadio-Keith-Orph pt pd ctfs
for deb 6s & com stk (65% pd)
♦ADebenture gold 6s
1941
1,099,000

166.000

105

Con 4s series

12368 000 Portland General Electric 4Ms—1960 M S
J
J
50,000
1st 5s extended to 1950—
709,000 X APorto Rican Am Tobacconv 6SI942
540.000
a6s stamped
—_ —--1942
21336000 t*APostal Teleg & Cable coll 5s. 1953

279,000
299,000
113,000
15,000
221,000
8,000
•32,000

108 m

106 m

Con 4s series G guar g

J

97 m

95
-

108
Sale

1%'i

D

A

93

104

106M

110
88

MN

102m 104m 102 m
104
104 %
104M 106
105m 106
104 Vs Sale
104 m 104m
102 % Sale
101M Sale

94

94

80

80

4 107

14

16M Dec. 18
7M Dec. 28
8

Dec.

19

Dec. 30

Sept.

Dec.

4

16M Dec.
8M Dec.
9M Dec.

18

16

4

4

4

5M Jan.

8

97 M Dec. 30
94
Dec.
4
109M .Pec. 27 109M Dec. 27

7 104

Dec. 30
99M Sept. 26 107
7
Dec. 14
13M Jan.
7
Nov.
2
Jan. 26

25

30

Aug.

11

Nov.

li

Oct.

8
4

28

88
Sept. 28 107 M June
6
103M Sept. 25 109M Dec. 27

Jan., 1940]

N. T. STOCK

Sales for
12 Mos.

1939

PRICES IN DECEMBER

Price

bonds

29

EXCHANGE—BONDS
RANGE FOR

YEAR

1939

Jan. 3

N. Y. STOCK EXCHANGE

Dec. 1

1939
Ask

Bid

Bid

Dec.

Ask Bid

Lowest

30
Ask

Lowest

Highest
Sale Prices

Sale Prices

Highest
Sale Prices

Sale Prices

St Louis Iron Mtn & South—

i*River & Gulf Div 1st g 4s-.-1933
1,381,000
ACertiflcates of deposit
88,000
1948
535,000 1 ASt l Peo & n w 1st 5s
127,000 St l Rky m & Pac 5s stamped--1955
£ ASt Louis-San Francisco ry—
APrior lien 4s series a
6,279,000
1950
ACertiflcates of deposit
5,064,000
APriorlien 5s series b
•1,937,000
1950
ACertiflcates of deposit
751,000
ACon m 4^s series a
8,322,000
1978
ACertiflcates of deposit stamped
5,939,000

1,111,000
151,000
998,000
827,000
13,000
24,000
632,000

mn

63 m

Sale

j

16

Sale

64
J

J

j

54 m

57

j

J

13%
13 m

Sale
Sale

J

J

57 m
50
21

58 m

61

Sale
63

9

Sale

61m
35m

Sale

11m

Sale

8m

Sale

11

Sale

Sale
Sale
Sale
Sale

60 m

Sale

60 m

Sale
33
Sale

a Gen & ref 5s series a
1990 j
St Paul & Duluth 1st consol 4s__1968 J
1 ASt Paul e Grand Trunk 4 %s_-1947 J

J

14%

d

F

a

j

27 m
17 m
10
82

6

8X4.

4%

14
Sale

7

23 m Dec. 30
61
Dec.
8
12

Sale

Dec.

58

Dec.
Dec.
Dec.
Dec.

11

4

Dec. 29

11m
12m
11m
11m

8m Dec. 11
8m Dec. 11
8m Dec.
4

9

Dec.

Dec. 30
Dec. 30

60

8

Sale

Sale

23 m

Dec.

61

Sale

11m Sale
11 %

61

54% Dec. 19
53%. Dec. 26
21%.Dec.
6

8m Dec. 11
8m Dec. 12

Sale
10
Sale
9%

Sale

M s

j

t ASt Paul & k c Short l gu 4 %s 1941

Sale

9m
8M
9m
9%

Sale

1952 J

g

A2d gold 4s income bond
*Alst terminal & unif 5s

60

23 m
58 m

23

Sale

Sale

'

'

4s—1989 m N
j
Nov 1989 j

t ASt Louis Southwest 1st

61

Sale
59 m

Dec. 28

30
28
30
30

60m Dec.

.

7

Sept.
6m Sept.
7m Apr. 10
7
Aug. 24
6m Aug. 28
6m Aug. 28

1

Dec.

1

26

Dec.

19

15

10m Dec.

18

5m Dec.

4

7

97 m Dec.
98 m
115% 115m Dec.

98

Dec.

116

Dec.

Dec. 30

6 5 m jan.
64
Jan.

6

5
23 m Nov. 29
62 m Mar. 24

14
Jan.
13 m Jan.

14m Jan.
14

14

Jan.
Jan.

13 m Sept. 27
65

54m jan.

33

4m Dec.
5m Dec.

Sale

Apr.
8
51m Apr 11
12m Mar. 31
52m Apr. 10
■

20

27m Dec.
15% Dec.
8m Dec.

95

7%

52

Mar.

9

35 M Jan.

June

Sept.
8
Aug. 22
87
May 19
3m May 24
3m Apr.
8

12
4
5
87 M Mar. 24
23 M Mar.
15 M Jan.

6M Apr.

6

Jan.

4

9

St Paul Minn & Manitoba—

tPacific Ext sterling guar 4s.-1940
197,000
434,000 St Paul Union Depot 1st 5s guar. 1972
1,041,000 San Ant & Aran Pass 1st guar 4s. 1943
1963
461,000 San Antonio Pub Serv 4s
460,000 San Diego Cons g & e 4s
1965

97,000 Santa Fe Prescott & Phoenix 1st 6s'42
71,000 xASchulco Co guar 6%s
1946
262,000
AStamped
AGuar. sinking fund 6 %s b—1946
57,000
155,000
AStamped

26,000
79,000
1,976,000
220,000
1,599,000
229,000
7,481,000
3^806,000
158,000
1,831,000
252,000
5,518,000
393,000
74,000
59,000
294,000
2,077,000
959,000
1,510,000
^

J

j

J

j

A

o

98

97 m

100

114

115m h5m
63

108 m 107m Dec.

Ill

110

108

109 m

J

a
a

110

J

16 m
18

27 %
22%

18m

o

29

30

29

o

27 m

32

29

109m
109m
"25"" 17 m
20 m
17%
32
29%
32
28m

A

o

O

Sale

13 m
15

f

a

Sale

1m

Sale

o

5

Sale

-Oct 1949

ACertiflcates of deposit
Alst & cons 6s series a
1945 m 5
ACertiflcates of deposit-—

t* AAtl-Birm Div 1st

g

4s May 1933

m's

x ASeaboard Alr-Fla 6s a ctfs-—1935 f A
a68 series b ctfs of dep
1935 f A
J
debs.—
1954 j
Shinyetsu el Pow 1st 6%s
1952 j D

14%

98/
16*
4m
4m
,

Sale
Sale

Sale

Sale

7%
6M
11

Sale

1951 m S
1946 f A
1941

6%s
Corp 6%s
Silesian Am Corp coll tr g 7s
ASilesia Elec

54

74
76

1952

Simmons Co conv deb 4s_

Skelly Oil debenture 4s

_

98 m

1951

103 m

Southern Calif Gas 4 ms
1st mtge & ref 4s

1961
1965
Southern Colorado Pow 1st g 6s-194 7
Southern Kraft Corp 4 ms
1946

Sale

Sale

13

___3m

Sale

3m

Sale
Sale

Sale

60

77

Dec.

13

6

Dec. 29

5

3m Dec.
3% Dec.
94m Dec.

61

95 m
62 m

Dec.

25

Sale

4h

10m
24 h

23
79 m
Sale
Sale

107%

j

m 8
f A
j J
jr d

1%
4m
4m
7%
6%

15

106 m
109 m

Sale
Sale
100
101m
90 m
91m

9

5
8m Dec.
8 '
5
Dec,
15m Dec. 30

Dec.
_

5
4
Dec.
8
3m Dec.
95m Dec. 29
62m Dec. 13
■

Dec.

5

25h Dec. 20

5

29m Dec.

7

17M Jan.
Jan.

3
3

Jan.

4

91

Sale
Sale

7 100

107 m Dec.
103
Dec.

108

97

Sale

108m 107
109 m-Sale
109
105
105m 105
97 m Sale
96m

106

Sale

106m 107

Dec.

7 109

Dec. 28
Dec. 28

5 105

Dec.

15 109

Dec.

2

Dec.

7 110

Dec.

2

Dec.

Dec. 27 106m Dec.
98
Dec.
1

8

105m Dec.
42m Dec.

106m Dec. 20
7
47m Dec.

1

97

115

3

Jan.

3

5

Jan.
Dec.

9
29

62 M Dec.

13

75 M Jan.

7

95 M

23 M June 14
Mar.
8
82

100 M June

7

105 M Dec.

21

105 M Dec. 23
Dec.
9
120

Jan.

Sept. 5 110
93m Sept. 23 105
103 m Sept. 5 109M
105
Sept. 11 110M
100
Apr. 11 106M
Sept.

Sept. 27
Jan.

4
10M Jan.
Sept. 27

100

87

9

19
5

Sept.
Apr.
Sept.
Sept.

98

Dec.

8

J*

June

22

29

99

4

June

Oct.

Sale

108 m
105

105m 108
103% Sale
108% Sale
109m 110
106m Sale

119m June
19M Mar.

88$

Sale, 104m Dec. 28 105m Dec. 21
105%; 103% Dec. 11 105m Dec. 23
120
Dec.
9 120
Dec.
9

1

Aug.

4m June
11M Aug.
2m Apr.
May
Sept.
50
Aug.
25 m Nov.

104m

25

June

10

29m

June

July 18
31M Nov. 6
32 M May 24

Sept.
2m May

100

105

20
21

Feb.

x7m
lH

8

18

110M Mar. 11

Apr.
Apr.

25

15m Dec. 29
1
3m Dec.

7m
15m

10%
19
Sale
5m

•

111m

o

15
25

19m Dec.
30m Dec.'
30m Dec.

Feb.

112M Jan.

15m Feb.

Dec.

Nov.

68 M Jan. 11
107 M Nov. 29

Sept,
Sept.
Apr.

105
109

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Sale

Sale

1963

a.

Sale

.1964

Southern Bell Tel & Tel 3 ms—1962 a
3s debentures
1979 j

18

118

June

99

Dec.

109m Dec.

Dec.
_

5

Sale

21m

16

15m

8h

5m

Shell Union Oil2%s

ASiemens & Halske deb

47"

116M Feb.

1959 a

♦AStamped 4s
AAdjustment 5s
*
ARefunding g 4s

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

99

96
May
111m Sept.

115

—1950 A

♦jASeaboardAir Line 1stg4s_^-1950

Dec.

112

111% Sale"

m s
J

51

56m Dec.
107m Dec.

mn
j

Sale

53 m
107 m

Sale

1989 MN

Scio Vail & n e 1st guar g 48

Socony-Wacuum Oil 3s debs
35,000 South & Nor Ala gu 5s

895,000
1,425,000
1,453,000
598,000
707,000
1,852,000

j
J

6

98

May 20
Dec. 28

Nov. 13
Feb.
3
Nov. 29
Dec.

8

Southern Natural Gas—
1st mtge pipe line 4 ms
1951
1,103,000
3,062,000 Sou Pac Co 4s Cent Pac coll Aug '49
1st 4Mb (Oregon Lines) ser a.1977
5,847,000
Gold 4 ms5,775,000
1968
Gold 4ms
12943 000
May 1 1969
Gold 4ms--12283 000
1981
3,551,000
10-year secured 3 ms
1946
San Francisco Term 1st 4s
1950
958,000
5,597,000 South Pac rr 1st ref guar 4s—1955
)
4s stamped
1955
4,011,000 Southern Ry 1st cons 5s
1994
Devel & gen 4s series a
17910000
1956
Devel & gen 6s series a
1956
2,946,000
Devel & gen 6 ms series a
3,672,000
1956
87,000
Memphis Div 1st g 5s
1996
St. Louis Div 1st g 4s
---1951
250,000
827,000 Southw Bell Tel 3 Ms series b—1964
1st & ref 3s series c
1968
2,495,000
543,000 s'western Gas & Elec 4s ser d-.1960
634,000 tASpokane Internat 1st g 5s—1955
79,000 Staley (a e) Mfg 1st mtge 4s--.1946
1961
73,000 Standard Oil n j deb 3s.
4,819,000
15-year 2 Ms debs
1953
2,532,000 Studebaker Corp conv deb 6s. 1945
1950
1,399,000 Swift & Co 1st m 3 Ms
-

_

157,000
216,000
1,702,000
588,000
4,371,000
4,339,000

Tenn Coal Iron & rr gen 5s

A

o

J j
j
j
j J
A O
A O
A O
j J
J j
j D
j j
MN
j J

84 m

518
83 m

59%
73 m
75 m

Sale
Sale

Sale
Sale
Sale
Sale

70

78

65

66 m

104 m

107%
14

j d

105

j

103

J
J j
mn

1944

83 m

107

46

Sale

46

Sale

50 m

Sale
Sale

49 m
47 m

46

Dec.

51

Dec.

1

45

Dec.

50

"Dec.

7

Sale

48 m
48 m

Sale
Sale
Sale
Sale

44m Dec.
44m Dec.

50

Dec.

7

56

Sale

52

50
56

Dec.
7
Dec. 30

79 m
63

Sale

79m Dec.

Sale

Dec.

48 m
49
49

Sale

55 m

Sale
Sale

81m
65 m

Sale

88 m
59 m

Sale

77 m

Sale

81m

Sale

70

70

Sale
Sale
15

Sale
Sale

Sale
107 m

84

Sale

Texas Corp

107 m

Sale

106m

Sale

104

Sale

50

78

5

73

•

Dec. 27

70

126M
114m
108 m

115

84

88
106 m
105m

m

50

126
114
Sale

89 m

Dec.
Dec.

107

Dec.

88

Sale

105

Sale

104

29
29

100

Sept.
Sept.
Sept.
Sept.
Sept.

19

15

109%
22%
105%
106%
106 %
99%
107%

12m Apr.
Sept.
97m Sept.
94m Sept.
68
Apr.
103
Sept.

May 11
July 19

115

9
2

23
30

13 126m Dec.
8 114m Dec.

74
Mar. 10
112 J4 Feb. 20
109
May 27

7

6 108m

Dec. 28
27
89m Dec. 16
4 106m Dec.
Dec.
9
Dec.
2 105m Dec. 30
Dec.

102

June
Jan.

7

10

June 27
Dec.
Jan

30
6

Sept. 21 130
June 22
112% Nov.
9 116% July 14
~
Sept. 5 110% July 22

100
79

Jan.

24

95

Mar. 10

Sept. J> 108% Jan. 10
95% Sept. 5 105% Dec. 30

102

69

110M 111m 109m Dec. 12 111
67
Dec. 27
72
69 m Sale

June 20

5

67

Dec.

89

Mar. 14

28

72

Dec.

7

67

Dec.

89

69 m

m S

119

Dec.

67

73 m
100 m

68

Sale

66m Dec. 27

72

Dec.

15

66% Dec.

89

99

J

j

39m

A

o

7%

Sale
Sale

50
13 m
95 m
107

56

j

d

88 m

Sale
Sale

1950 A o
234,000 Tol St l & West 1st g 4s
Tol w Va & Ohio 1st guar 4s c--1942 m s
Tor Ham & Buff 1st 4s
1966 J d
26", 000
1949 m 8
14,000 Trenton Gas & Elec 1st 5s

53 m

j
92,000 Tri-Cont'l Corp conv deb 5s ser a '53 J
29,000 ATyrol Hydro-Elec Power 7 m8--1955 mn
AGuaranteed sec s f 7s—
1952 F a
16,000

298 000 Ujigawa Elec Power sec 7s
1945 m 8
J
1962 j
1,698 000 Union Electric (Mo) 3 ms
172 000 ♦jAUnion Elev Ky Chic 1st 5s-_1945
273 000 Union Oil Cal 30-yr 6s ser a May '42
13 ms debentures
1952
1,088 000

88

90

67

87

60 m

Sale
88 m

62

57
89

61m

96 m
108 m

Sale
Sale

115m 116m

99 m
Sale

1970 a

o

1971 mn

55m Dec.

4

57m Dec. 29

87

Dec.

4

89

64 m

61

Dec.

18

Sale

11

106m Dec.
12

12
-

Sale

Sale
8

Sale
Sale

102m
113 m

Sale
Sale

107

Sale

107

Sale

108

Sale

114

Sale

96

Sale

963

Sale

115m 113 m 114m 113 m
97
Sale
95m
Sale
96 m
95m
96 m
Sale
108m
108m Sale
72 m
70 h
65 m "67
66m

83% Sale

106m Dec. 21
13 m Dec. 14

83

114

o

Dec.

107 m

Sale'

365, 000 United Cigar-Whelan Stores 5s. 1952 a

12

1
88
Dec.
89 m
8
88m Dec.
7
106m Dec. 22 108m Dec.
Sale
6m Dec. 16
7m Sale
7m Dec. 30
112me Dec. 11 112 m Dec. 21
112m 112m 112m h4

88

107 m
7

Sale

108 m 109m

63 m Dec.

11

112%

O

Dec. 30

10521sjSale

115
96 m
96 m

95

104

Dec.

52

37% Apr.
7% Jan.
87% Jan.
98
Sept.

Mar. 14
Mar. 14

July

26

Nov. 22

16% Oct. 17
98% Aug. 23
107% May 29

Aug. 24
84% Oct.
5

60% Feb. 17
90% Mar. 15

54% Jan.

71% Oct.

49

4

20

---

109

A

1| 109% Dec.

95

101m

June 2008 m 8

•

57 m
Sale

122
125
121m 125
106m 107m 106m 108
12

::::: "27"

Dec.

98

97 m

-----

Dec.

4
Dec. 20 100
Dec.
Sale
48
Dec. 20
51m
51m Dec. 30
Sale
15
Dec. 13
13m Dec. 20
14m Sale
98 m
4
97 m Dec.
97 m
97
98m Dec. 15
Sale
Dec.
1
106 m 107
106m Dec. 21 107

95m

100

96m
123m 124m
108% 110

1959

3,445 000 Union Pac rr 1st & land grg4s_ 1947
First & refunding 4s
June 2008 M 8
2,567 000




6

Dec.

82% Oct. 18
Sept. 27

Sale

55 m

30.

Dec.

70

84 % Oct. 17
80
Mar. 17

81

70

d

page

75

Apr.

Sale

j

see

78
Sale

91% Mar. 11

70

Sale

For footnotes

83

Apr.
Apr
Apr.

Sale

106 m

BiscuitjfAmer) deb 5s—1950

26

Mar. 11

72 M Mar. 10

Sale

j

240 000 United

Dec.

Mar. 10

93

Mar. 10
Mar.
9
Mar.
9

70

J

1st lien & ref 5s

80

Dec. 29

68

Sept.
Sept.

Mar.

111

2000
1977
1979

34-year 3 ms debenture
35-year 3 ms debenture

Sale

57
58

97

j

537 000

77
44

7

27

J

2,203 000
2,222 000

8

Dec. 29

79m Dec.

60

Sale

3s debentures

Dec.

61

.

102

107 m
88 m

Gen & ref 5s ser d
1980
814,000
228,000 Tex Pac—Mo Pac Term 5m8 a.1964
i960
3,259,000 Third Ave 1st ref 4s
14190000
AAdjustment income 5s. _Jan 1960
1937
254,000 ♦AThird Ave rr 1st gold 5s
1,619,000 Tide Water Assoc Oil deb 3 Ms..1952
Tokyo Electric Light (Ltd)—'
1st m 6s $ series
June 15 1953
3,448,000
392,000 Tol & Ohio Cent ref & imp 3 Ms-1960

86m Dec. 28
58m Dec. 12
2
76m Dec.

89

Sale

15

Sale

1951
1959
----1943

54

27

104 m
80

deb 3 Ms

5

Dec.

f gold 4s
—1953
Texarkana & f 8 Ry 5Ms a guar 1950
s

78

9

61 H
57%
57 M
57 M

37 m May
51
May

8

Sale
Sale

May

40 m May
39
May
37 m May

88
61

127

Gen ref

40

79
82 m
75 m
71

78
73

124 m
114

125

82m Dec.
66m Dec.

Sale

126 m
113m 114

3s debentures
Texas & n o cons g 5s
814" 366 Texas & Pacific 1st g 5s
Gen ref 5s ser b
896,000
Gen & ref 5s series c
703,000

565 000

Sale

Dec.

106 M Dec. 20
58 H Mar. 10

100 m Sept.

Dec.
1 111m Dec.
111M 111M 110
Sale
106
107 m Sale
7 108
Dec.
105m Dec.
8 106m Dec.
106 m 107 m 104m Dec.
105% Sale
Sale
18
18
7
Dec.
16m Sale
16m Dec.
105
Dec.
9 105
105
107
Dec.
105m 107
104% Sale
104m Sale 104m Dec. 30 105m Dec.
2 105m Dec.
104 m 104m 105m Sale
104m Dec.
94
Dec.
9
94 m Sale
99 m Sale
99m Dec.
7 107
Dec.
104 m 106m 105m 106M 105m Dec.

110

111m

f a 104m 105m

-.1951

Term rr Assn of St Louis 5s

Sale
a o 101
Sale
56
j d
m 8
58m Sale
54 m Sale
m 8
Sale
54
mn
Sale
55
mn
Sale
62
j J

10515ji107

105153»Dec.
101
Dec.

21 10521»tDec.

113 m Dec.
106 m Dec.

22 114m
7 108

1

7 102 m Dec. 26

Dec.

4

Dec. 20

2
Dec. 16 115m Dec.
6
Dec.
Dec. 18 97
4
97
Dec.
7
Dec.
1 109
Dec. 27
Dec.
4
Dec. 28 71m Dec.

Feb. 27
97% June 15 100
123% Mar. 4 125% May 13
Jan. 10
104% Apr. 26 109
12
Dec.
1
24
Aug.
8
26
Jan.
9
10
Nov.
6

71% Mar.
101% Sept.
6% Dec.
108% Sept.
105»«Sept.
99% Oct.
Sept,
103]
100
Sept
110

Mar.

89]
Sept,
Sept.
89]
104% Sept,
65
Sept,

91

Nc-r. 20

110

Mar* 13

Feb.
7
116% Jan. 17
7
109% Jan.
102% Nov. 9
June 12
115
13

110%
116%
100%
100%

June

7

Feb.

20

June

6

110

Nov. 29

June

83% Jan.

6

3

N. Y. STOCK

30
Salesfor

is1

12 Mos.

BONDS

1939

105,000

509",000
2,431,000
4,808,000
1,503,000
2,662,000

Bid

1944
♦JiUnited Rys St L 1st g 4s. 1934
U S Steel Corp3%s debs
r-1948
AUnited Steel Wks g 6%s ser A 1951
a3 %s ser A assented
1951
a6%s series C
1951
a3 Mb ser C assented
1951
ASinking fund deb 6 Mb ser A 1947
a3 Mb ser A assented
* 1947
United Stockyards 4 Mb w w
1951
Utah Light & Trac 1st & ref 5s. -1944
Utah Power & Light 1st 5a. —- 1944
t* AUtilities Pow £ Lt deb g 5%s 1947
a Debenture

5s.

__

.

M S

M S
J
J

Ask

69 % Sale
108% 110

24%
105 %
49 %

25

Sale
Sale

Dec. 30

Ask Bid

Bid

Ask

Lowest

Highest

YEAR

Sale Prices

Sale Prices

Lowest

1939

13

13

Highest
Sale Prices

Sale Prices

76% Dec.
1
80% Sale
80% Dec.
8
77% Sale
109% Dec. 30 109% Dec. 30
109% 109% Sale
37% 35% Dec. 11 37% Dec. 21
,35%
37% Sale
Sale
105% Dec. 13 106
.Dec.
1
105% Sale 106
21
Dec. 15 22% Dec. 27
16
22%
109

"49% Sale"

69
104

Jan.

Oct.

4

21% Dec. 19

22%

84% Aug.

3

Sept. 28 111
July 25
24% Jan.
6 38% Nov. 29
100
Sept. 6 106% Aug.
8
Jan.
4
11% Sept. 20 50
11
Oct.
5
14
Oct. 21
Jan.
4
11% Sept. 20 50

23% Dec. 29

21 % Dec.

23

Dec. 29

20

90

Dec.

83% May 17

13

22

88 M
94

90
Sale

94% Sale
Sale
Sale

66

66

A O
98
1,253,000 Vanadium Corp (Am) conv 5s. .1941
1955 F A 106
4,000 Vandalia consol g 4s A-..MJV
Consol 4s series B
-.1957
31,000

99M

22%
13

49% Sale

1959

—

Dec. 1

1939

1953

United Drug Co (Del) 5s
UNJRR& Canal Co gen 4s.

*

RANGE FOR

Jan. 3

$

15,000
53,000

PRICES IN DECEMBER

Price

h. t. stock exchange

3,027,000
73,000
564,000
7,226,000
234,000

EXCHANGE—BONDS

25
20

90

90

Sale

89

16

Dec.

89%
102%

Sale

101% 102% 101% Dec.

103

Sale

103

Sale

102% Die. 15
103% Dec.
8
89% Dec. 30
89% Dec. 30

102% Dec.

80%

Sale

89% Sale

80

Dec.

81

Sale

89%

Sale

80

Dec.

104% Sale
109

105% 106% 104
109

108

19

Dec. 11 107

Dec.

7

8 109

Dec.

8

Dec.

13

50% Jan.

4

90

9

Jan.

93
Jan. 26 102% Nov. 17
■93% Apr. 11 103% Nov. 22

66

Jan.

3

65% Jan.

3

89% Dec. 30
89% Dec. 30

96
Apr. 10 118% Sept. 12
106% Feb. 10 109% Aug. 3
106% Jan. 24 109% June 22

Vera Cruz & Pacific RR—

1,000
141,000

1,196,000
103,000
8,000
273,000
2,392,000
2,138,000
1,093,000
91,000
94,000
174,000
99,000
58,000
1,606,000
1,689,000
2,363,000
1,639,000
561,000
768,000
72,000

J

♦a4%s July 1914 coup off__..1934
J
*
a4%s assented
1934
M S
Virginia Elec & Pow3Mbser B.. 1968
Va Iron Coal & Coke 1st g

5s—1949 M S
2003 J J
-.1958 A O

Va & Southwest 1st guar 5s
First cons 5s

A 1966

M S

t*AWabash RR 1st gold 5s.—.1939
♦ASecond gold 5s—
1939
Alst lien 50-year gold term 4s 1954
ADet & Chi ext 1st g 5s
1941

MN
F A

Virginian Ry 1st & ref 3 %sser

%

108A
35
65

40%
100
Sale

62

106% Sale
Sale
Sale

49
28
25

*ADes Moines Div 1st g 4s—1939
AOmaha Div 1st g 3%s
ATol & Chic Div 1st g 4s

31%

50
17

17
38

1941
1941 MS
M S

t AWabash Ry ref & gen 5%s A.. 1975
ARef & gen 5s (Feb *32 coup) B '76 F A
ARef & gen 4 Mb series C
.1978
ARef & gen 5s series D—
1980
Walker (Hiram) G & W deb 4 Mb 1945
Walworth Co 1st mtge 4s
-.1955
6s debentures
1955

%

Sale"

3,162,000
774,000
542,000
950,000
1,361,000
1,800,000
2,869,000
3,468,000
282,000
1,440,000
390,000
219,000
1,859,000
32,000
875,000
1,132,000
1,048,000
41,000
2,389,000
185,000
412,000

t AWarren Bros Co. deb 6s.

1941

M S

Warren R R 1st ref gu g 3%s—.2000 F A
Wash Cent Ry 1st g 4s
.1948 QM
Wash Term 1st guar 3%s
1945 F A

1945

1st 40-year guar

4s.
Westchester Light gold 5S
Gen mtge 3 Ms.
;

-.1950
1967
West Penn Power 5s series E—1963
1st mtge 3 Ms series I
—1966
West Va Pulp & Paper 4Mb
1952
West

Maryland 1st

J

D

J

J

First & ref 5 Mb series A

"23""

—

Teieg

4%s

—

gold.i960

AWestphalia Un El Pow 6s

3%s

Winston-Salem S B 1st 4s.

13

16
Sale

17

11%

43

43%

38
9%

Sale

9%

Sale

9
9

9%

V4.

Sale

106% 107%
Sale

Sale

9%
Sale
Sale

84

105

106

45% Sale
35

50

66

62% Sale
77
67

7-S-85

34%

Sale

% June
% Dec.
100% Sept.

22
.% Dec.
18 110% Dec.
15
41% Dec.
14

27% Jan.

62% Dec.

7
1 108% Dec. 22

Dec. 12
Dec. 22
6
Dec.
Dec. 27

39% Dec. 28
7
20% Dec.
5
25% Dec.

Dec. .18
10% Dec. 27
41
Dec. 14

13% Dec. 21

34%
17%
24%
40%

45

13

Dec.

12

Dec.
Dec.

43

8% Dec.

5

8
•

2

Dec.
9% Dec.

6

Dec.

7% Dec.

9% Dec.

7

8
8

10

Dec.

10

62

Sale
Sale

100
56

67
13

74

-

Dec.
7
Dee. 14

85

Dec. 30

37

Dec. 22

32% Dec.

108% Dec. 22 109

12

Dec.

J

J

D

O

82% Sale

M S

J

88

111%
Sale

M S

Sale

MN

62
Sale
Sale

J

22%
Sale
Sale

110%
Sale

101%

d

Sale
Sale

94%

1947
i960

X AWisconsin Cent 1st gen g 4s. .1949
—

MN
A

O

J

d

J

Dec.
Dec.

1

103

Dec.

19

13% Dec.

5
8

j

110

9%

Sale

109% 110

9%

9%

16% Dec. 27
15% Dec. 21

Dec.

29

Dec.

13
8

Dec. 30
Dec. 18
2
Dec.
Dec. 29
4
Dec.
4
Dec.
1

1

19% Dec.
18

Dec.

Dec.

13

Dec.
107% Dec.

1

8% Dec.
7% Dec.
6 109% Dec.

109% Dec.

6 110

7

'

7

8*

Sept.
Sept.
Apr.
Sept.
Sept.
Sept.
Sept.

92

July

47
40
67

Mar. 16
Mar. 31

10

May

6

Dec. 19
Dec. 30

Dec. 19 103

26
26
15
27
27
27
16
27
107% Jan. 11
iOTM Oct,.26
Jan.
80
5
18

43

109

4
80% Dec.
84%
86
Dec. 19
88%
5 108
107% Dec.
16% Dec. 28
19%
16% Dec. 26
19
62
Dec. 11
66%
67
Dec. 28
69%
65% Dec. 18 67%
2
12
Dec.
13%
43% Dec. 27 50%
40
Dec. 27
46%
1 114
113% Dec.
97% Dec. 28 99

12% Dec. 28

§0%
g*

10
Jan.
3
Oct. 27
Feb. 15

9

109% July

105%6 Dec.

103 % Dec. •21 104% Dec.
97% Dec. 18 98
Dec.

2

49% Jan.

Oct.

7 108% Dec. 26
5 119% Dec. 27
4 112
Dec. 26
5 105%j Dec.
5

Dec.

79% Sept.
31% Dec.
32% Dec.
67
May

10

Oct.

Jan.

83%
84
81% Sale
87% Sale
88% Sale
107% 107% 107%
20
18% Sale
18%
20
17% Sale
18%
66% Sale
62% Sale
Sale
68
68% Sale
66
68%
67% Sale
9
15
13% Sale
52
50.
49%
51
41
44
45% Sale
Sale
114
114
97% Sale
98% Sale
10D»SJ
101% 103
12% Sale
12% Sale
Sale
104
104% Sale
98
97
98
98%
108
95%
17
*18% 18% .19
18
19
13
15%
9%
8% Sale
Sale
7
7%
8%
Sale
107% 108% 109

126% Dec.

Apr.
June

65

109% June

107
118

105"sj

4

73

Sept.
Sept.

May 11
45
Sept. 23
72% Sept. 28

102

125

...

Dec.

•

6

% June

1 % May 24
111

6

125
125% 126%
107% 107% 108% 109
118
118% 119%
109% 110% 110%

106% Dec.
118% Dec.
109% Dec.

Sept.
14% Aug.
24% Dec.
40% Dec.
11
July
10% Dec.
40% Jan.
5
Sept.
4% Aug.
4% Aug.
5

82% Dec.
31% Dec.
32% Dec.

108

S^pt.

30

6

Dec.

73 % Dee.

7

Jan.
Apr.

72
54
101

106% Dec. 20

105% Dec.

Dec.

75

72

108%

106% Dec.

77.

34

33

90

106%

85

31% Sale
35%

41%

9% Sale
9% Sale
105% Sale

83

76

J

1953 J
2361 J
2361 J

ACertificates of deposits
*
ASup & Dul Div & Ter 1st 4s_1936
ACertificates of deposit
161,000
1968
1,316,000 Wisconsin Elec Power 3 Ms
1961
539,000 Wisconsin Public Service 4s
X AWorces & Conn East Ry 4%s_1943
11,000

~47~
16%

Sale

12

Sale

26%

12%
11%

123%
105% Sale
119% 120
110% 111%
106% 107%

t * AWilkes-Barre & East 1st gu g 5s'42 j
Wilson & Co 1st M 4s ser A
1955
Conv debentures

38% Sale
19% Sale
45
22%
41% Sale

Sale

13
12

J
J
Registered
Wheeling & L Erie RR 1st con g 4s '49 M S
Wheeling Steel Corp 4 %s ser A. .1966 F A
White Sewing Machine deb 6s_. 1940 MN
West Shore 1st 4s guar—

Sale

36
20

13% Sale

1951 J D
1960 M 5

—

108% Sale

91%

gold 4s. .1943 A O

^Assented

106% Sale

25

t AWestern Pacific 1st 5s ser A. _ 1946 M S
Western Union
Gold 5s.
Gold 5s

62

%
% Dec.
%
%
%
110% 108% Dec.
109% 110
40
Dec.
45
39%
45
55
83
83
61
Sale
60
Dec.
64

A

1952 A
1977 J

g 4s—

West N Y & Penn Gen

F

55

45

MS
256,000 Warner Bros Pictures 6s debs... 1948

1,823,000
9,000
5,000
149,000
6,000
128,000
1,105,000
368,000
548,000
362,000

109
31

Dec.

.....

,

130
Sept.
Sept. 13 110
115% Sept. 14 122
104
Sept. 6112%
102% Sept. 7 107%

100

June 24

7
July 26
Aug. 2
May 22
May 23
July
7

76% May
1 89%
82% Apr. 27 95
100% Sept. 13 108
May
9 24
May
2 24
55% May
1
11M
Apr. 11 76
Jan. 26 75%
8
Sept. 20 22%
43% Dec. 27 59

Mar.

Dec. 27
40
52%
109% Jan. 19 114%
90% Apr. 10 99
100% June 26 103
Jan. 12
6
13%
97
Sept. 7 105%
88% Apr. 14 99
Jan. 31 114
110

Mar.

i

4

WA

7

Apr. 10

9
Mar. 10
Dec. 29

Sept.27
Sept. 27
Sept.16
Sept. 15
Sept.15
Mar.
7
Mar. 13
9

Aug.

1
3
Nov. 14
Dec.
5

Nov.

Nov. 17

Sept. 13
July
6

20* Sept.27

6% May 22
Sept. 26
4% May 15
Sept. 27
4V May 19
Sept. 27
99} Sept. 22 110% May 25
Mar. 29
104
Sept. 16
Jan. 23
5
Feb.! 14

\hH

9$

4

Youngstown Sheet & Tube—
Convertible deb 4s
7,928,000
1st mtge s f 4s series O
3,279,000

*

a

1948 M S

1961 MN

Negotiability impaired by maturity.
Bonds selling flat.

109 J
104 J

Sale

Sale

107%
105%

Sale
Sale

106

106

Dec.
106% 107
Sale
104% Dec.

X Companies reported as being in bankruptcy,
receivership, or being reorganized under Section 77
of the Bankniptcy Act. or securities assumed by
such companies.

1 109%

Dec. 20
6 106% Dec. 30

Mar. 31 115% Sept. 20
3
100% Sept. 6 107% Mar
100

.

(Odd lot sales, not included in year's range.
No sales.
x

Ex-interest.

The following cash sales were transacted
during the current month and are not included
e

have been called for
redemption in their entirety:
The

following

bonds

a

the

Deferred delivery sales, only transactions of
current month, and not included in year's

range.

Union Oil 3%s, 1952, Jan.

1. 1940*at 105%.

t The price represented Is the dollar quotation
per 200 pound unit of bonds.
Accrued interest
payable at exchange rate of $4.8484.




n

Under the rule sales, only transactions of the

iu the monthly or yearly range.

Treasury 2s 1948-50, Dec. 30 atT103.6.

current month and not included in year's range.
r Cash sales, only transactions of the current

z
The following deferred delivery sales were
transacted during the current month and are not

month, and not included in year's range.
No sales.

included in the monthly or yearly range.
No sales.

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF STOCK PRICES DURING
1938

1939

Stock Sales

December
Jan. 1 to Dee. 31-

—.1

262,029,699

In accordance with a rule of the Stock Exchange, effective Oct.
ots except

December

27,492,069
297,466,722

.serahS
17,773,413

DECEMBER 1939
1939

Bond Sales

Jan. 1 to Dec. 31-

3,1915, all stock3

are now

—__

1938

.

$176,100,000
2,046,083,000

•_

quoted dollars per share, Prices

$217,609,000
1,859,865,000

are oa a basis

of 100-share

in the case of stocks which sell only in a small way.

of the month, and when selling
No account is taken of such sales in computing th e

NOTICE—Cash and deferred delivery sales are disregarded in the month's range, unless they are the only transactions

in the month in which they occur.

outside of the regular monthly range are shown in a footnote

for the year.

range

.

,

aqoreqate

sales
In

12

December
Shares

54,000
210
20

1,600

21,100
1,200
4,000
26,100
2,100

Shares

56,900
2,540
1,402
75,900
265,100
16,800

57,100
279,700

41.300

20

30

37,600

316.300

10

190

32,400

372,700

17,500
2,200

410,800

3,400
2.200

64 900

69.100

2,900

48,550
428.300
41,600

17,700

158.700

2,400

26,300

19,400

14.000

127.800

31,900

672 500

900

25,300

47,800

556,400

1,900
13,400
1,600
8.700

8,000

43,400
11,600
790
2,300

10,000
570

16,020

1,500
17,400
4.300
16.200
100

1,700
110

2.900
8.400

9,200
160

5.500
500

27,400
11,800

6,900
6,000
20,200

9,300
700

13,800
9,500
2,600
17,100
20,400
5;500
15,600
2,800
23,300
200

1,310

46,000
15,300
23,000

187,400
80

44,800

Dec. 1

Par Bid
57
Abott Laboratories
*
444 conv preferred
100 1183*
3544
Abraham & Straus
...—*
424*
Acme Steel Co
-25
103*
Adams Express
*
204*
Adams Milhs-W
*
26?*
Addressograph Multigraph—10
65
Air Reduction Inc
*
14*
Air-May Elec Appli Corp__._*
Alabama & Vicksburg Ry__100
9 3*
Alaska Juneau Gold Min—10
Albany & Susquehanna RR_100
,144
Allegheny Corp
—*
1444
Pref series A $30 warr'ts-100
1'ref series A $40 warr'tB-100
12tt
12 H
Href series A $30 ex-war_ 100
1844
$2.50 prior conv pref
*
2744
Alleghany Ludl'm Steel Corp *
104*
Allen Industries Inc
1
Allied Chern & Dye-—-——-* 193
12
Allied Kid Co
-5
124*
Allied Mills Co Inc—•
—--*
114*
Allied Stores Corp
*
61
6 % preferred
100
Allis-Cnalmers Mfg
——* 474*
,

-

-50
-—*
Agric Chemical (Del)
*

cum preferred
93 200 Amerada Corp

6%

84 .900 Am
185 900 American Airlines inc
144 300 American Bank Note

1U

-----50
Bosch Corp.—---1

112 300 b American
136 .700 Am Brake Shoe & Fdy_——*

100

54*% conv preferred

3 ,320

25
--100
420 ,400 Amer Car & Foundry-——---*
Preferred
100
72 800
269 ,410 American Chain & Cable----*
228 ,020 American Can—
Preferred
16 900

3,100

38,600
9,800
31,900
2,200
13,300
52,700
600

19,800
11,900

15,400
600

132,100
2,400
6,700
780

45

49 4*
8

20 4*
Sale
Sale

Sale

4844
Sale

224*
Sale
Sale

h Sale

644

Sale

140

Sale

Sale

1344

Sale

Sale

Sale

Sale

Sale

Sale

1144
114*
154*
z2144
944
171H
12 H
13 44

Sale

944

Sale
Sale
Sale
Sale

Sale

1244

62

Sale

Sale

60

ava
Sale

10044

132
Sale

173^

17644

34

Sale

54

Sale

Sale

66

3744

Sale

114*
16
Sale
Sale
Sale
Sale

Sale
Sale

67?*
Sale

144*
1544
24* Sale
1544
1744
57 4* Sale

154*
214*

9?*
17644

Sale

124

American Colortype—
10
91 600 Am Com Alcohol
20
118 500,Amer Crystal Sugar Co..—10
5 45ot
6% 1st preferred
—100
160 600'Amer Encaustic Tiling---—-1
5 400 Am European Securities
*
--*
218 800 Am & Foreign Power-000
$7 preferred
— *
218 ,000
'
2d preferred A
*
106 ,500
$6 preferred
---*
120 ,600

"74*

10
143 ,200 Am Hawaiian Steamship
371 ,600 American Hide & Leather—_1
6% preferred
—-—50
27 ,800
1
100 ,900 Amer Home Products

---100
—*
-—---*

----100

Am Mach & Foundry.

*

Metals

6% conv preferred
3 000
12 ,490 American News Co
Amer Power & Light..
765

*
--*

100
*

-*
,200
$6 preferred
— *
.213 ,800
$5 preferred
*
299 ,300
Am Radiator & Stand San—*
1,844 ,300
Preferred

1 ,920

—11/0

769 ,100 American Rolling Mill—...25

23 600

44% conv preferred.---100
Amer Safety Razor
—.18.50
American Seating Co
—
American Ship Building
*
Amer Smelt & Refining—-—*
Preferred
-----—100
American Snuff—————25
6% preferred-——--——100

58 ,900
41 ,250

696 300
26 300

*
*
—*

—...—

27,400 American Stove Co
110,400 American Sugar Refining.. 100
Preferred
-—-100
32,800
Amer Sumatra Tobacco.—..

20,100
Amer Telep & Teleg
100
515,800
90,100 American Tobacco——-—25
Class B
———.25
227,700

6% preferred

21,300

1,255,300

-100

American Type Founders
*
Am Wat Wks & El..————*

$6 1st preferred
9,500
399,800 American Woolen.
Preferred
187,300

.......*

100

For footnotes see vase




40.

6744
9
Sale

5

Sale

Sale

7?*
26

Sale

544
3244
5544
2 44
2044

Sale

1*

Sale

34
Sale

Sale
22

12

8

Sale

169

404*

Sale

37

Sale

6844

Sale

Sale

133

14?*
944
644 Sale
6?* Sale

5

j7/*
24

6?*
193*
2844

sly'
60

110
172
30
47 44

3:214*
109?*
12644
9

6 4*

Sale
Sale
Sale

Sale

34

Sale

Sale

5

V*

Sale

57

43 ?*

Sale

Sale

9?*

Sale

4744 Sale
104* Sale

Sale

149

Sale

Sale
Sale
Sale
Sale
Sale

Sale

Sale
68
12
11

33 H
J'50 44

71

1244
1144
Sale
Sale

Sale

Sale

152
164* Sale
Sale
68

150

11

Sale

104* Sale
31
30?*
50?* Sale
139

144

67?* Sale
1464* 150

3244

Sale

!§*

Sale

32.4* Sale
12?*
124*

Sale

16

Sale

19

Sale

Sale

87 44

Sale

1,644

1844
Sale

854* Sale
8844 Sale
14644 148
Sale
Sale

82

F

Sale

40

Sale

j*

Sale

38

38

30?*

52

38

Sale

11344

95
Sale
46 44
Sale

4244
Sale

414*

22 44

Sale

113?*

Sale

-

Sale

Dec.

10944
9

Dec.
Dec.

52

4244
94*
149

15?*
66

10?*
944
30
49 4*

1384*
664*

2

4* Dec.

27

Dec.

2?* Sept.
4?* May
13* Dec.
124* Apr.
5
Apr.
10
Apr.
12
Apr.
23* Mar.
255* Apr.
41?* Apr.
1?* Jan.
14 44 Jan.
3?* Sept.
13?* Aug.
41
Aug.
11
Apr.
24* Apr.
22?* Dec.

744 Dec.
Dec.

28?* Dec.
64* Dec.
Dec.

.

Dee.
Dec.
Dec.

146

Dec.

1

Dec. 27
Dec. 19
Dec.

89

'

50

13

8

Oct.

754* Mar.

14

27

22?* Dec.

1
4

Ill

Dec.

26

7

Dec.

10?* Dec.

1

27
7

50 4* Dec.

7

744 Dec.

18

22 114

11
24

Dec.

Jan.

20

Sept. 12
Sept. 6
4344 Sept. 5
33
8

60

Dec.

30

22

34* Aug.
4
Aug.
4
9
Sept.12
5
30?* Jan.

24

7944 Jan.

23
1

25

3

11

5
15?* Jan.
54* Sept. 21

22

404* Jan.

8

5

19 12444 Mar. 20
Jan.
3
Feb.
6

11

41

27

Dec. 30

5?* Dec.
113* Dec.

39

8

8

204* Aug. 24
8
84* Apr.
9
1
Apr.
154* Apr. 11

Dec.

6

11

31

as

30?* Nov. 20
5
9?* Jan.
254* Nov. 20

153

313* Dec.
413* Dec.

Dec. 27
5

6 44 Dec.

10

10

11

27
23

44

1
19

Nov. 24

Nov. 24

Jan.

4

Jan.

5
4

804* Sept. 27
1
15?* Mar.

133* Dec.
Apr.
Apr.
754* Oct.
132
Sept.
44* Sept.
84* Apr.
78
Apr.,
3?* Apr.
28?* Apr.
4
Aug.
24
Apr.
20?* Apr.
35
Apr.
1344 Apr.

96

11

26

1744 Sept. 26
8?* Feb. 24

Apr.

73

12

5

22?*

148

87

Oct.

114* Sept. 13
184* Sept. 8
8644 Sept. 28
4
5?* Jan.
Sept. 19

9
20
Sept. 5
July 19 464*
63
3544 Apr. 10
12744 Sept. 5 144
5944 Apr. 14 69

1

149

64

2544 Oct. 25
8 1154* Mar.
9
20 132
Aug. 14

10?* Dec. 22

21

1

Dec.
Dec.
Dec.
204* Sale
Dec.
1134* 114?* 1134* Dec.

Dec.

6
4

8

26

Dec.

Dec.

3*

Jan.

June 29

154* Dec.

5

Dec.

Oct.

29

Jan.

57?* Sept. 22
140
Aug. 14
11644 Sept.12
179
July 19
404* Oct. 18

2144 Sept. 6 z26
7
3?* Apr. 10
32
8
Apr.
583*
28
8
49
Apr.
844 Sept. 5
140
Sept. 8 162

8544 Dec. 30

Dec.

11
21

Dec.

17?* Jan.
60
8

112

18 1714* Dec.
1

11
24

47

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

4
1244 Dec.
16?* Dec. 29
224* Dec. 14

Dec.
Dec.

4?* Dec. 27

3744
2944
3644
204*

35

11

3
193* Jan.
3?* Sept. 5
Sept. 6
7444 Sept.11
2444 Sept. 13
21

Dec.

140

314* Dec. 28
II7* Dec. 12
1544 Dec. 22

Feb.

61

36

1

Dec. 22

Dec.

22

11

5
Aug. 24
1
544 Sept.
64* Apr. 11

Dec.
Dec.

Dec. 12
14?*
Dec. 27
344
Dec. 22 254*
Dec. 27 120
7
Dec.
243*
Dec. 19
444
Dec. 12
5744
2
Dec.
47%
10 4*
Dec. 19
Dec.
1 150 4*
Dec. 27
173*
Dec. 27
72 4*
Dec. 22
124*
Dec. 27
115*
Dec. 28
34 4*
2
Dec.
52?*
Dec. 27 14344
2
69
Dec.

Sale

40

100

Dec.

45

Sale

Dec.
Dec.

5

Dec. 27
Dec. 27

11

29?* Sale

164*
304*
13 44

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

3

544 Dec. 27

94?* Dec. 20
84* Dec. 27

38

834*

Dec.

61

Dec.

97
Sale

36

125
150

June 29

82

Dec. 30

Sale

Sale

Dec.

Dec.
Dec.
Dec.

7 ?* Dec.
14
Dec.

1

1144
9444
9?*

63*

Dec.

Dec.
Dec.
Dec.
Dec.

147?* 150

Sale

.

Dec.

Sale

5

3
31

60

Sale
Sale

Dec.

2?*
23?*
6?*
23?*

8144
54*
11?*
92 4*
844
45 4*
6?*

9?* Sept. 1
4644 Dec. 14

1

Sale

146

26

Dec.
Dec.

Dec.

5

79 H

1544 Sale
16844 Sale

3544 Sale
55

16*

Dec.

12

Dec.

5

18
1944 Sale
79 4*
8044
814*
14?* Sale
133*
168
1703* Sale
7944
8544 Sale
86?* Sale
8144

89 44

16

55 4* Dec.
2
Dec.

144*
23*
Sale
225*
244* Sale
115
125
115
120
1193*
24
24 44
23 4*
22?*
2244
4
Sale
44* Sale

Sale

Dec.

8
12?* Apr.
14* June 29
Aug. 21
50
Apr. 11
16
Apr. 26

154* Dec.
2?* Dec.

21

Sale

Sale

Dec.

6
104* Dec.
70?* Dec. 12
403* Dec. 15

1

Dec. 29
59 ?4
2
22
Dec.
2
47
Dec.
Dec. 19
11?*
Dec. 14 4944
1
6
Dec.
1
Dec.
47?*
Dec. 27 135
Dec.
2 113?*
Dec.
8 176 4*
Dec. 27
"33?*
Dec. 22 52
4
Dec.
23?*
Dec. 21 109?*
6 131
Dec.
Dec. 22
9>4
7 4*
Dec. 27

54* Dec.

20

3

Dec.

644 Dec. 12
Sale
4
124* Dec.
85?* 3:8044 Dec. 20
Sale
1
2?* Dec.
Sale
44* Dec. 14
Sale
13* Dec. 19
Sale
23 4* Dec. 22
Sale
5h Dec. 19
Sale
18?* Dec. 23
Sale
1
2544 Dec.

2?* Sale
23 ?*

53

204*
35?*
104*
4644
5?*
43 4*
13044

55

3?*

&

844 Dec. 29
67 % Dec.
2

Sale

Sale

144* Dec.
113* Dec.
113* Dec.

14?* Dec. 27
13* Dec. 27
14?* Dec. 27

3

2

23
Dec.
27
27
10?* Dec.
Dec. 11 182
Dec. 15
Dec. 19
13 44 Dec.
1
Dec. 11
13?* Dec. 30

12

Sale

344
23?*

27
26

Dec.

12

6

14?*

27

Dec.

Sale

5544 Sale
1444 Sale

Sale

Dec.

Dec.

7
:

Dec.

21

Sale

68?* Dec. 28

Dec.

,8?*

If*

7

Dec.
5 13.0
20
13* Dec;

13?*

129

7

% Dec.

*

16

13

14?*
24*
154*
5444
204*
4544

6

57?* Dec.

Dec.

Sale

67

7
13

Dec.

19

Dec.

58

145

112

Dec.

9

Sale

142 44 143
Sale
67

194*

Dec.

28
20

14

83* Dec.
22 44 Dec.

1444 Dec. 29

Sale

6

Sale

31

Dec.

20

104*

55 44

Sale

8
14

5

120

5

Dec. 29
Dec.

52

27
1

Sale

2144

60

150

3*
12 4*
104*
104*

Sale

150

404*
94*
144*
2244
9144
1844

Dec.

Dec.

Sale Prices

7144 Sept. 19
Apr. 10 14944 Sept. 30
3344 Apr.
8 4944 Nov. 29
3144 Mar. 31
5644 Oct. 26
644 Aug. 24 1144 Sept. 12
Mar. 3
19
Sept. 5 25
5
153* Sept. 8 2744 Jan.
68
Sept.27
454* Apr.
4
14* Sept. 13
?* Jan.
68
Feb.
68?* Dec. 28
10
Jan.
3
64* Dec.
130
Dec.
5
117
Apr.
2
Sept.27
?* July
2044 Sept. 27
5?* Aug.
184* Sept. 26
444 Aug.
18
Sept. 27
444 Sept,
8
June 29
2344 Sept. 27
14
Apr.
284* Jan.
4
6?* Apr. 11
113* Oct. 23
15144 Apr. 10 20044 Sept. 11
10
143* Sept. 11
Apr. 10
944 Apr. 10
154* Sept. 8
6
Apr. 11
11?* Jan.
3
5444 Apr. 11 71
Aug. 22
28
8
Apr.
48?* Jan.
5

Dec. 30
Dec.

Highest

Sale Prices
53
Apr. 11

Prices

Dec.

130

Sale

73

3244
5244
1334*

6

2044

40

15
20

82
Sale

Sale

11644 122

2244

Sale

Sale

i
Sale

160

14?*
Sale

Sale
Sale

64*
3944
3544
184*

244
2544

Sale

144*

x26

12 4*

80

244

Sale

127

Sale

Sale

454*

♦

Amer Zinc, Leau & Smelt... 1
507,100
$5 prior conv pref
20
5,500
50
2,926,800 Anaconda Copper
20,200 Anaconda Wire & Cable—— *
215,000 Anchor Hocking Glass Corp *
$6.50 conv preferred
•
5.300

Sale

Sale

7944
154*
44*

644

Sale

31

3?0*

9

8

5

4

746,900 Amer Steel Foundries
135,700 American Stores

173,300

1444
1444

*

119 ,600 American Ice
6% preferred
34 ,500
154 ,400 Amer internal Corp
Amer Locomotive
406 ,600
Preferred
52 ,500
74 ,100 Amer Machine &
236 ,000 American Metal

1744

9

Dec.

Lowest

Highest

Sale

20 4* Sale
Sale
Sale
36?* Sale
10 4* Sale
11% Sale
49 44
47 4* Sale
49 4*
544 Sale
544 Sale
43 44 Sale
4444 Sale
130 4* 132
13044 134
11044 Sale
113?* Sale
1783*
17044 176?* 175
Sale
31
31?* Sale
Sale
50
4844 Sale
22?* Sale
2244
106 J* 113 4*
115

1224*

1044
1044
604*
444
644
344
194*

4744
73*
214*
17 44
53?*
h

6h Sale

Sale

Sale"

*
23 900 American Chicle.510 Am Coal Co of All eg Co N J_25
71 ouu
300

Lowest

Sale Prices
Sale
664* Dec. 12 6844
Dec.
140
5 140
42?* Dec. 30 43 44

68* Dec. 28

Sale
Sale

2344

56?*

Sale

140

6944
224*

51
130

42?*
4744

sill*
2?8
wA 17?*

2144
18 4*
5544 Sale
1
44

Sale

Sale

7

142

ifi*

1 400

4,400
1,200
13,800
3,200

424*

54

194* Sale
244 Sale

174*

144

140

Sale

30
Ask
Sale

137 44

18

56

6644

Dec.

Ask Bid
Sale
684*

45

115

73 ,900

29,500

5844
130

Bid

112

100

5% preferred

3 100

8,700

6,600
1,770
43,500
3,300
2,400

Ask

,-10

6% preferred

8 ,690

56 ,900

1939

1939

9 900

2,900

year

Jan. 3

N. V. STOCK EXCHANGE

-*
41 300 Alpha Portland Cement
100 .000 Amalgam Leather Cos. inc—1

224 ,000

range for

prices in december

Price

STOCKS

Months
1939

7

Jan.

7

19
10

11
9

19
1
11
10

Jan.

Jan.

Nov. 24

Aug.
July

7
6

Jan.

4

1444 July
184* Oct.

26
9

Sept.
5
974* Sept. 11

34

1844 Jan.

4

1714*
8744
89?*
1534*
8?*
14?*

Dec.

21

Jan.

19

Jan.

16

May 26
Jan.

5

Jan.

20

96

Aug.
Sept.
Sept.
Sept.
Sept.
Sept.

8
21
16
5
12
5

8

15

10

64

24

12

11

48

11

40

11

543* Jan.

27?* Aug.
23 114?* June
8

3

Sept. 13
Sept. 12

4

3
3

N. Y. STOCK EXCHANGE-STOCKS

32
aqqreqate
sales

12

In

December
Shares
300

4,700
3,300
1*200
38,300
4,000
200

20,400
2,400
1,800
10

22.300
1,000
1,900
800
280

106,400
14,600
21,200

1,700
4,400
28,200
900

42,300
3,700
1,700
200

200

4,700
600
50

68,900

46,900
42,400
12,300
10,900
1,640
9.000
.

2,200

Months
1939

X,497,000 Baldwin Loco Wks vt tr ctfs.13
■690,700 % Baltimore & Ohio
100
211,400
4% preferred
100
44,100 Bangor & Aroostook
;
50
5,280
5% conv preferred
100
175,500 Barber Asphalt Corp
.—10
27,000 Barker Bros

468,700
-163T200
1,300
53,400
3,100

5,200
180
200
170

1.500
2,600
300

52,000

13,700
1,200
4,600
120,500
5,000
6,300
5,400

Dec. 1
Par

900
7% preferred
-100
207,100 Armstrong Cork Co
*
51,400 Arnold Constable Corp
5
128,600 Artloom Corporation
*
220
7% preferred
100
251,500 Associated Dry Goods
1
8,400
6% 1st preferred
—100
10,000
7% 2d preferred.-..
100
7,600 Associated Investment Co—*
3,120
5% pref with warrants.-100
942,900 Atchison Top & S Fe
100
78,200
5% preferred
100
288,300 Atlan Coast Line RR
100
59,900 Atl G & W I SS Lines.
*
51,700
5% preferred
100
271,600 Atlantic Refining
25
11,900
4% conv pref series A—100
338,100 Atlas Corp
5
31,120
6% preferred
50
19,600 Atlas Powder
*
4,590
5% preferred.---100
15,700 Atlas Tack Corp
*
67,800 fAuburn Automobile
— *
19,200 Austin, Nichols & Co
*
3,590
$5 prior A
*
1,853,500 Aviation Corp (Del) The__---3

37,800

71.300
58.100

63,700
324,400
6,700

6.300

130

2,670

200

860

42,700
7,800

899,000
56,700
6,730
11,630
59,000
531,300
566,900
32,300
65,000

610
870

3,700
39,700
50,900
4,800
4.600

9,300
24,400
31,300
1,400

4,300
4,800

59,400

3,900

92,200
4,500

81.400

517,500

16,500
7,750
10,900

131,800
13.750

8.600

300

7,700
13,500
140

21,200
790
13,200
5,100
4,400

27,300
41,600
13,600
1,210
6,700
3,000
6,700
6,200

1,050
3,300
12,600

29,690

26,800

193,500
187,500

15,020

52,l00
144.700

260

560

76,300
4,600
4,600
100

954,200
38,600
22,000
1.450

20

2,840

2,300
6.800

37,200

10.500

55,400
88,900

860

9,290

21,800
69,300
3,120
16,400

305,700
935,600

300

7,900
8,600
200

5.300
4,700
300
20

Boston & Maine
Bower Roller Bearing Co

24,900
336,000
3,320
114,100
237,700
3,860
38,100
89,900
12,600
520

1939

Preferred 7%
Budd Wheel
Bulova Watch
Bullard Co
Burlington Mills Corp
Burroughs Add Mach
Bush Term Co...

50

65

55

Sale

38

Sale

37

Sale

36* Dec. 27

10*
8*

8 *

10*
65

Sale

71X

52*
34*

Sale

94
42
67 *

Sale

30

Sale

SH
43

Sale
Sale
111
Sale

44

6654

Sale

126

6*

"624

4

Sale

oi^

Sale

8*

Sale

29

32

17 X

Sale

8
10

Sale

29 24
85 X

20 X
12 X
29 X

Sale

96

X

75
Sale

88

Sale

55

Sale

7854

Sale
Sale

25

Sale
Sale

21X
1654

Sale
Sale

24*
46*
Sale
Sale

13*
Sale

27

6X
15*
31*
39*

Sale
Sale
Sale
Sale

43

Sale

IX
9*

5

38

30

Apr.
8
Apr. 11

90

Jan.

21

23

11

38

93

95

23*

17*
31*
13*
11*
95

7*
51*
5*
32*
28*
14*
18*
2*

2*
Sale

Sale
Sale
Sale
Sale
Sale
Sale
96

Sale
Sale

Sale
Sale
Sale

Sale
Sale

Sale

55

Dec.
2
Dec. 27
Dec. 28

9*
18*
104*
7

Dec.

116

59*

—

1

Sale

51*
14*

Sale

49

Dee.

Sale

Sale

13* Dec.
7* Dec.

26

Sale

•

60

29*
22*
55*

Sale

39
80

61
31

29
Sale-

25

Dec.

T1 * Dec:
24
Dec.

1

Dec.

6

4

16

7

Sale

66
Sale

28

2 128

9

Dec.

14

54

Dec.

4

1
28* Dec
20* Dec. 20

5* Dec.

22

1*

37
Sale
Sale

11

8

Dec. 20
Dec. 19
Dec. 23
4

5
1

Dec. 22
Dec.
1
1

Dec. 20
Dec. 27

35* Dec. 29
20* Dec. 12
9

Dec. 28

Sale

30

Dec.

27

Sale

22

Dec.

4

Sale

17* Dec.

Sale

11

Sale

4

Sale
Sale

20*
Sale

10
7

Dec.

28
Dec. 23

Sale

51
Sale

Sale
Sale
Sale

38*

Sale
Sale

73

Sale

66

Sale

114

Sale

107

10*
60*

Sale

9

9

5*
92

6
Sale

5*
102

r4*
8*

Dec;
4
Dec.
1
Dec.
5
Dec.
4
Dec. 27
Dec.
5
Dec. 27
Dec. 20
Dec.
9

14*
36*
4*
37*
5*
37*
85* Dec. 29
1
23* Dec.
2* Dec. 19

2.5*

3*

For footnotes see page

40.

Dec.

14

Jan.

Dec. 28

Jan.

Dec.

28

Dec.

28

Dec.

6

6* Dec.
12* Dec.

14

22* Dec.

6

Dec.

11

Sale

Sale

65
Sale

60
23
3

Sale

112

Sale

5
5*
92* 102

Dec.
Dec.

52* Dec.
24* Dec.

Sale

Sale

7

Dec. 30
7
1* Dec.
14* Dec. 13
8
13* Dec.

53

15* Dec. 13
50* Dec. 13
Dec.

13

24* Dec.

6

Dec.

14

2
23* Dec.
10* Dec. 11

5
7

Dec.
Dec.

7

Dec.

5

8

24* Dec. 14

Dec.

1

Dec.

6

Dec.

1

Dec.

28

Dec.

23

Dec. 26
Dec.

13

Dec.

6

Dec.

9

Dec.

7

Dec.

12

Dec.

29

Dec.

13
1

74* Dec.

8

Dec.

30

Dec.

14

62* Dec. 13
1
25* Dec.
3* Dec.

1

Dec.

5* Dec. 13
Dec.

4

5* Dec. 13
92

Dec.

4

5

Aug.
Aug.

2
2

Jan.

20

Dec.

Nov.

11

27

Jan.

13

Dec.

8

Dec.

Nov.

Dec.

13
13
13

13* Apr.

Aug.

3

7* Apr.
27
Apr.
39

Dec.

31* Jan.

Sept. 14

9* Apr.
7
Apr.
94* Apr.
4
Apr.
29* Apr.
3
Apr.
21* Apr.
15* Aug.
11* Apr.

Nov. 18
Jan.

6

Aug. 22
Jan.

4

Jan.

4

Nov.

6

Mar.

9
5
29

Jan.

Dec.

11

June

Jan.

1

Apr.

Sept. 11

Jan.

3

Mar.

4

3
6

Sept. 13

2*

30 113* Dec. 27
6
4* Dec. 22
5* Dec.
8
8* Dec.
10* Dec. 18

92

Feb.
Jan.

5* Sept.
7* Aug.
16* Apr.
31
Apr.
41* Apr.
1* Apr.
5* Apr.

Sept. 11

1
30* Dec. 20
5 108* Dec.
8
11* Dec.

Dec. 27
Dec. 18
Dec. 30
Dec. 15

3

Sept. 27
Oct. 27

5}

Dec. 29

Dec.

6

3

Jan.

18*

4* Dec.
13* Dec.

3

28

Dec.

Aug.

13* Dec.

2 118*
4
57*

3
3

28

Dec.

2

Dec.

27

Dec.

6

Dec.

6*
38*
85*
25*

6

Sale

87

1.12

Dec.

40

5IX

Dec.

13

85

J)* Sale

27

13

Sale

111*
5*

28

Mar. 11

Dec.

30

Sale

24

23

26
4

Oct.

Dec.

Sale

86*
Sale

Sale
62
Sale

Jan.

Dec.

115* 118*
53*
53
Sale
29*
24* Sale
108*
al06*Sale
10*
59*
25*

Oct.

7
11

9

33

11
13
25
26

Dec.

15*
23*
50*
1*
7*
15*
17*
39*
5*

1

Sept.
Sept.
Sept.
Sept.

29

50

13

7

Dec.

36

5

Dec.

15

80

Dec.

Dec.

Mar. 11

Dec.

Dec.

38

25
25
27

Dec.

Dec.

14* Dec. 27
1
20* Dec.

Oct.

Dec. 29

Dec.

70

Oct.
Jan.

1

Dec.

24

Aug.- 1

5

Dec.

8

Sale

2*

No V. 13

14

Dec.

22

Sale

3

Dec.

20* Dec1!: 26
3* Dec. 16
1
12* Dec.

14*
22*
50*
1*
6*
15*
17*
36*
4*
38*
5*
38*

66

5

Nov. 17

1

20* Dec. 29
Dec. 27 -12* Dec.
2
Dec. 29
7
5* Dec.

12*

114

4

13

1

80

39

Jan.

5

Dec.

Dec.

Sale
14*
Sale

83*
23*

Dec.
Dec.

Dec.

Sale

36

8*

100* Dec. 22 103
5
5* Dec.
5*
Dec.
4
41* 39
43*
Sale
1
5* Dec.
5*

12*

Sale

28

6
9* Dec.
61* Dec. 27
31* Dec. 29

Sale

70
14

Sale
Sale

5

Feb.

Dec.' 27

Sale

Sale

6

Jan.

9

46

4*
38*

Jan.

4

Sale

42

Jan.

Apr.
Apr.

Dec.

\

Sale

35

11

Dec.

Aug.

122

126

45* Dec.

Sale

4

Nov.

Sale

15

5

Sept. 27
Jan.

>

Nov.

13

51
Sale
Sale
14

Sept. 27
Jan.

13

12'

20*
50*
1*
6*
13*

4

Dec.

Sale

4

5

Nov.

29

31

Sale

Sale

Jan.

Aug.
Aug.
Sept.
Dec.

11

Sept. 12
Jan.
6

July

Sale

10
7

Sept. 11

5*
3*
30*
9*

5

Sale

20*

Jan.

8

5 107* Dec.
29
30* Dec.

12*
12*
14*
13* Sale
49*
47* Sale
49
47* Sale
23*
23* Sale
35*
37
36 '
20*
23* Sale
9*
9* Sale
103* 101*
103
5*
5* Sale
41* Sale
5* Sale
30*
31* Sale
23
22* Sale
19*
17* Sale
Sale
11*
12
4*
4* Sale

8
22

71
Mar. 9
30* Jan.
3
26* Sept. 11
26
Sept. 11
24* Oct.
2
110* June
6
9* July 21
48* Aug. 7
71
Sept. 12

15 127

Apr.
Nov. 30

Dec.

6
1

4

Dec.

49* Dec.
1* Dec.
12
Dec.

Sale

June
June

42* Jan.

108* 107

Sale

Sale

38

3

10
10
13

3* Aug. 24

Dec.
Dec.

24

6

36

50
Sale

June

2

11

Oct.

Dec.

Sale

40

1

12

4* Apr.
1* July

Dec.

18*
6*
7*
15*

24

43* Apr.
8
50
Aug. 23

Dec.

81

15

38
53
1*
12*

37*
49
1*
12*

5*

21

26

9 100

1
28
8

27

Dec.

10* Jan.
78* Oct.

Dec.

21

Sale

5

4

26

Sale

5*
11* Sale
22* Sale

Sale
Sale

15

7* Dec.

21* Sale
55
Dec.
5
56
56*
36
Dec. 21
39
38* Sale
i
Sale
78* Dec.
80* Sale
84*
18
1
18
17* Dec.
17*
17* Sale
Sale
112* Dec. 11 115
113* 115
115
5
30
Sale
30* 25* Dec.
29*
26
Sale
18* Dec. 22 22
20*
20*
21
10
Dec. 27
10* Sale
11*
11* Sale
22
Dec. 19 34
31
22* Sale
30*
15
8
13* Dec.
17*
16
17*
13*
57
6
50
56*
52* Dec.
55
50
21* Sale
21* Dec. 27 23*
22* Sale
21
Dec. 12
23* Sale
22
23*
20*
1 121*
121* 122* 116* Dec.
116* Sale
58* Dec. 12 63*
63* Sale
59
55*
23
23* Sale
22* Dec. 23 24
22
20
Dec. 15 21*
21*. Sale
21* Sale
23* Dec. 20 25*
25* Sale
24* Sale
2
Dec. 22
2* Sale
2*
3*
2*
31
Dec. 12 33
32* Sale
32* Sale
6

a:49*

Dec.
Dec.
8
59
Dec.
28
16
12
8* Dec.
4
27* Dec. 26
"27' -12*- "Dec.—~7

Sale

22

7
Dec. 13
Dec. 18
Dec. 13

10* Oct.

Sale
2
26* Dec. 26
2
114* 112*.Dec. -■-8 114* Dec.

Sale

11*

Dec.

Dec. 26
6* Dec. 29
2
3* Dec.

Sale

4

47*
23*

Dec.

1 123*

Dec. 16
Dec. 28
Dec. 18
Dec. 16
Dec.

58

24*
16*
18*
21*

13

23 100

Apr.

1
Dec.
Dec. 27
Dec. 19
Dec. 13

Sale

6

Jan.

5* Apr. 11

Dec. 27
Dec. 30
Dec. 18 109
Dec.
1
8* Dec. 29
Dec. 20
47* Dec. 29
Dec.
9
65* Dec. 20

Dec. 27
Dec. 27

16*
5*
6*
11*

Sale

95

26* Dec.

73

Sept.
Dec.
Apr.
Aug.
Aug.
Sept.
Apr.

8*

Sale

12*
26*
24
24*
113,^ 114* 113*
26*
27
26*
107*
107
29
30* "32*
122
124*
120
9
9*
9*

7*
21*

10

92

22*4
149*
21*
14*

4

13

100

97*

66

10f^

12

12*
40*

37
Sale

Sale

Sale

17 X
113

41

36* Dec.

Dec. 22
Dec. 14
Dec.
9

58
15

7X

Jan.
4
Mar. 15

77

90

72 X

Jan.

58

11

12*

Sale

65

Jan.

Sale

99 X
29 X

Mar. 31

50

70

7lH

Dec. 30

31* Sept. 6
7* Sept. 5
5* Apr. 11

6

15

Sale

Dec. 26

Dec.

Sale

Sale

Dec. 30
Dec.
6

78

Sale

Sale

18*

11
9

14

77*
35*

29

41

6

Sept.

Sept. 11
Dec. 26
Sept. 6
Sept. 6

.

Dec.

17*
5*
7*

34_

8* Dec. 15

50* Sale
57* Sale
23* Sale
22* Sale
Sale
15
16* Sale
15
16*
17*
16* Sale
20* Sale
20*
21* Sale
108* 109* 107
109*
Sale
8*
8* Sale
47
46
47* 45*
46*
65
64
61*
62*
61*
Sale
121
123* 123* 121
6*
6*
7*
7*
6*
Sale
2* Sale
3
2*
2
2*
2*
2*
16*
20
16
18*
Sale
Sale
6*
7

8*
24*
-12*

16

Dec. 26
Dec.
1
Dec.
6

8* Apr. 11 21
4
1* Apr. 11
Apr. 21 37
97
May
9 106
3* Aug. 24
8*
33* Apr. 11 60
21

Dec.

77*
78*

Sale

Sale

Dec.

15

75

80

9*

Sale

-18X Sale20 X

10

16*
5*
7*

Sale

114

11

wlU

Dec.

Dec. 29
Dec. 21 100
Dec. 21
Dec. 16
4
8* Dec.

9

Sale

Sale

Sale

Highest
Sale Prices

96* 101* 100
8* Sale

9
Sale

26

38*

Sale

100

.

106*
48

10*

Sale

10C

»-.-l

11

Sale

—17

*
*
*
1
*

8*

Sale

46

100

91
75

5*

Sale

Sale

A*
l2oI*

106

Sale

47*

71*
34*
92*

Sale

5% conv preferred
30
Butte Copper & Zinc
5
Byers Co
*
Partic preferred
100
Byron Jackson Co
*
Calif Packing Corp
*
5% preferred
50
Callahan Zinc-Lead
1
Calumet & Hecla Cons CopperS
Campbell W & C Foundry
*
Canada Dry Ginger Ale
5
Canada Southern Ry Co
100
Canadian Pacific
25
Cannon Mills
*
Capital Admin Co Ltd cl A..1
$3 preferred class A...... 10
Car Clinchfield & Ohio Ry--100
Carpenter Steel Co
5
Carriers & General Corp
1
Case (J I) Co...
100
7% preferred
1U0
Caterpillar Tractor
*
Celanese Corp. of America
*
7% prior preferred
100
Oelotex Corp
*
57o preferred—
100
Central Aguirre Associates
*
Central Foundry Co
--..1
Central 111 Lt 414% pref
100
JCentral RR of N J
100
Central Violeta Sugar Co
19
Century Ribbon Mills..-....*
Preferred

Sale

77

75

Sale

100

Dec. 30

Sale

1

*

13*
Sale

Sale

*

10

4

32*

Lowest

Sale Prices
12* Dec. 29

Nov.

2

Nov.

4

Jan.

25*
11*
13*
48*
X
4*
9*

5

Sept. 12
July
7
Sept. 5
Sept. 5
Jan.

4

12

Jan.

18

36*
3*
29*
4*

Jan.

12

35

Jan.

Sept.
Sept.
Sept.
July
Sept.
Sept.

^

77

13*
2*
63*

3

11
11
15
17
12
6

Mar.

9

Mar.

110

3

Sept. 27

38*

13*

Dec.

20

84

Aug.

9

Jan.

4

7*
58

i Mar. 14

18*
2*

103*
3*
3*
3
85

\




YEAR

Sale Prices

Highest

Sale Prices
Dec. 28
Dec.
8

11

15
5

100

12*

Lowest

Ask

57*

Sale

Sale

Bridgeport Brass Co
*
*
Briggs Manufacturing
Briggs & Stratton
*
Bristol Myers Co
5
Brooklyn & Queens Transit.-*
$6 preferred
*
$6 pref ctertifs of deposit--*
Bklyn-Manhattan Transit—*
$6 preferred series A
*
Certificates of deposit-.—*
Brooklyn Union Gas
*
Brown Shoe, Inc
*
Brunswlck-Balke-Coll
*

131,200 Butler Brothers...

24,700
17,300
10,700
43,300

200

Borg-Warner Corp

JBush Terminal Bldgs—
11,490
Depos. ctfs. 7% pref

3,200
867,600
429,800
121,500
528,400

-

-

Borden Co (The)

16
12*
3
2*
32* Sale
102* 104

30

65

102

*

Bon Ami class A

Class B._.
Bond Stores Inc

Sale

Dec.

Ask Bid

Sale

6
47
56

123

Beech-Nut

Sale

Sile

Bid

Dec. 29 33*
Dec.
4 106
6
5* Dec. 12
45
Dec. 13
48
53
Dec. 28
55

Packing
20
Belding-Heminway
r*
Belgian National Rys part pref
Bendix Aviation Corp
5
Beneficial Indus Loan Corp.-*
Prior pref $2.50 div ser '38-*
Best & Co....
*
Bethlehem Steel Corp (Del)--*
5% preferred
20
7% preferred
-100
Bigelow-Sanford Carpet Inc.-*
Black & Decker Mfg Co
*
Blaw-Knox
*
Bliss & Laughling Inc
5
Bloomingdale Bros.s.
*
Blumenthal & Co pref
100
Boeing Airplane Co
*
Bohn Alum & Brass Corp.
5

RR Co

433,600
6,200
233,100
333,200 Bucyrus-Erie Co
3,860
7% preferred..
632,200 Budd (E\G) Mfg
263,400
104,300
12,400
280,100
298,600
304,000

14*
2*
28*
101*

28

Creek

116,400 g Brewing Corp of America..3

457,100
769,300
12,800
54,510

Ask

Bid

50,

590 Beech

20,300
2,900

*

-

5*% preferred
---50
Barnsdalf Oil Co————-5
Bayuk Cigar Inc
*
1st preferred--.-—----100
Beatrice Creamery.
—25
$5 preferred with warr____*

10,700
53,700
1,500
1,522,300
123,700
27,100
52,200
2,936,300
98,400

RANGE FOR

1939

14,800 Andes Copper Mining Co
20
13.300 A P W Paper Co Inc
5
29,900 Archer Daniels Midland
*
25,200 Armour (Del) 7% preferred. 100
866,800 Armour of Illinois.—5
49,400
$6 convertible preferred
*

4,010

prices in december

Jan. 3

Shares

870

4,200

Price

STOCKS
N. V. STOCK EXCHANGE

Sept.

Jan.
i Aug.
Sept.
Sept.
i Oct.
Sept.
,

5

3
16
27
11
13
15

JAN., 1940]

n. y. stock exchange-stocks

33

AQOREOATE
SALES
In

December

Price

stocks

Months

12

PRICES IN DECEMBER

Dec. 1
Par

Shares

— *
242,300 Cerro de Pasco Copper
1
301,900 Certain-Teed Products
6% prior preferred
42,560
100
*
11,360 Chain Belt Co
Champion Paper & Fibre Co—
2,420
6% preferred
100
Common
*
56,000
-—--5
21,000 Checker Cab

*
115,100 {Chesapeake Corp
826,500 Chesapeake & Ohio
25
Preferred series A_
100
19,500
20,400 {Chic & East ill RR 6% pf-100
{Chicago Great Western—
4% preferred
— 100
49,200
5
45,700 Chicago Mail Order Co
106.300 {Chic Mllw 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 aivs)*
6,800
43,100 {Chicago R I & Pacific—-100
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
•

Ask

Bid

Bid

Sale
33

18%
100

101% 102%

19%
105

Sale

3 %

Sale

10
Sale
Sale
89%
3%

8%
23 %
38 %
87

24

15%
28%
41X
92%
2%

Sale
Sale
95
3

IX

Sale

Sale
Sale

12

Sale

%
3%
19%

14%

36

38%

34

50

46

Sale
Sale
Sale
9%
Sale
Sale

25

83

7%

%

8%
10%
5%

Sale

32 %

83%
12%
93%
46%

78%

80

52

62

4% Sale
22% Sale

4

30%

70

Sale
7,770 Cleve Elec 111 $4.50 ser pref--* 111
—?3309f Cleve- Graphite Bronze (The)-l -28 '%-~6ale"70%
77
610 Cleve & Pitts RR Co 7% gtd-50
42
Sale
Special gtd 4% stock——50
,__,:„150
60
Sale
Climax Molybdenum Co——*
352,100
25 % Sale
485,800 Cluett Peabody & Co————*
Preferred
------100 127
127%
780
* 131% Sale
67,900 Coca-Cola Co (The)
Olsiss A
59%
60
8,400
14% Sale
606,000 Colgato-Pafmolive-Peet Co-—*
6% preferred
——100 102% 103
14,700
35 % Sale
153,200 Collins & Aikman—.——.—*
107
5% preferred
---100 105
4,150
21% Sale
89,200 Colorado Fuel & Iron Corp—*
6% Sale
15,760 Colorado & Southern——100
9% Sale
4% 1st preferred
100
17,610
4% 2d preferred
7%
-—-100
7%
6,650

.....

"

116,500
87,000
1,081,700
45,700
107,300
10,200
19,800
274,800
273,600
179,900
33,000

System Inc claws A——2.50
2.50
Columbian Carbon v t c
*

93

Sale

Columbia Pictures

15

Sale
30 J*

Class B

Corp v t c_*

J2.75 conv&preferred
umbia G
El common—*
*
6% preferred series A
100
5% preferred
———100
Commercial Credit—-—-10

16%
16%

Sale
Sale

29

Sale

7%
75
50

Sale
65

57

Sale

conv. preferred—-100 107 % 108 X
investment Trust.— *
60
Sale
$4.25 conv. pref ser of 1935-* 108 % 109 X
Commercial Solvents11% Sale
Commonwealth & Southern--*
IK Sale
46
Sale
$6 preferred-*
Commonwealth Edison Co—25
27 X Sale

4%%

Comm'l

see

34

.

45%

35
Sale
Sale
Sale
55

31

3

Sale

3%
14%

5% preferred v t c
100
Consumers Pow Co $4.50 pref_*

94

Container

Sale
Sale
17

16 X

Corp of America. .20

Continental Baking Co class A
Class B

95

Sale
Sale

195*

8% preferred--

Sale

2

Continental Motors

Sale
Sale

Sale

—

Continental Oil of Dei

5

Continental Steel Corp.--

Sale

78

46 %

50
Sale

36

Sale

23%

Sale

24

23

Sale

24

92%
6%
18%
6%

94

91%
6%
16%
6h

7
Sale

85

Sale

Sale

8

Sale
Sale
Sale

5%
26%

Sale

8%

Sale

7%

Sale

Sale

1%
8%
30%
107X
4%
7%

Sale

Sale
Sale
Sale

5

4%

a87

5}
23
9

6
Sale

9%

89%

8% Sale
30% Sale
107% Sale
Sale

42

Sale

Sale
113% 113
Sale
7%
37% Sale
40% Sale

Sale

Sale

Sale

Sale

Sale

28% Sale
60% Sale
64% Sale
172% 180
4% Sale

40
Sale

Sale

*

Sale

Sale

o

7%

36%

Sale

Sale

Crucible Steel of America—100

Sale

Sale

100

Sale

87%

o

10

Sale

Sale

100

Sale

Sale

Cudahy Packing—..——..50

Sale

page




40.

6

Sale

♦

5

12

Dec.
Dec.
Dec.
Dec
Dec.
Dec.
Dec.
Dec.
Dec.
Dec,

14
2

16

27
14

28
7
5

1
4

1

19

13
1

Dec. 26
8

5% Dec.
Dec.

5
4

7% Dec. 30
79

Dec.

85

Dec. 21

4

7% Dec. 18
% Dec. 27
8

Dec.

75

19

29% Dec. 27
1
106% Dec.
6
3% Dec.

Dec. 29
Dec. 12

47% Dec

15 109

21

26

25% Dec. 13
25% Dec. 13
92% Dec. 29

6 103
20
53%

Dec.

7

40%
112%
6%
37%
3%
21%
28%
58%
61%
170%
4%

14%

23%

37%
16%
89%
40%
83%
3%
7%

Sale

Sale
Sale

39%
Sale
Sale
Sale

Sale
84
Sale
Sale

80% Sale
13
13%
26% Sale
3% Sale

14%
1%
70%
32%

30

Dec.

12,

Dec.

6

Dec.

5

Dec. 30
1
Dec.
Dec. 30
Dec. 29

10

Apr.

18

5

4% Dec. 28
25
Apr.
8
53% Apr. 11
9
Apr.
8
79

Jan.

5

Dec.
Jan.

Oct.
Sept.
Sept.
June
Sept.

5

8
11
3

23
27
27
27
27

4% Sept. 26
14

Oct.

26

%
1%
1%
3%
20%
39%
50%
%
1%
1%
9%
15%
13%

Sept.
Sept.
Sept.
Sept.
Jan.
Sept.
Nov.
Sept.
Jan.
Sept.
Mar.
Sept.
Jan.
Sept.

27
2627
27

41

94}
14}
97}

Oct.

4

IS
3

13
5
13
9
5
3

11
6

May 23
June

10
58
Mar. 11
4% Oct. 26

Dec.

11

Dec.

1

Dec.

12

Dec. 26
Dec.
Dec.

5
14

Jan.

100

11%
2%
3%
3%

62% Dec. 29
18
Dec. 30
Apr.
110
Oct. 19
Feb.
37 % Oct. 26
Apr.
Apr.
111% Dec. 28
Apr.
24% Sept. 22
Aug. 24
8% Sept. 27
Sept. 1
9% Sept. 26
Aug. 19
8% Sept. 26
Apr.
Apr.
Apr.

10

25% Dec. 13

14

25% Dec. 13

11

96

6% Dec.
15% Dec.
5% Apr.
74% Jan.
62% Jan.
38% Apr.

15

15% Jan.
30% Mar.

14
14

73

15

91

Mar. 14

83

Feb.

8

10

57

Jan.

3

1% Dec. 19
3
45% Jan.
z25% Apr. 10

1
5

Dec.

22

4%

29% Dec. 29

15%

6

9

Dec.

80

Dec.

23
5

89% Dec. 14
Dec.

6

Dec.
Dec.
Dec.
Dec.
Dec.
7% Dec.
2% Dec.
4% Dec.

6

8

1%
9%
30%
107%
4%

7

30
27
1

7
43% Dec.
Dec 23

7% Dec,
40%
4%
24%
31%
60%
64%
__

7

Dec. 30
7
Dec,
Dec. 21
Dec, 13
Dec, 14
Dec. 30

1% Dec.

2

26

Dec.

14

4 103

Dec.

30
20

__

32% Dec.
7% Dec.

4

14

Dec.
Dec.
Dec.

30

1

20

11
14
8

89%
4%
8%
80%
14%
28%
4%

Dec.
Dec.
Dec.
Dec.
Dec.
Dec,
Dec,

19

47

Dec.

15

10% Dec,

7
30
22

5
19

5%
73

79%
7%
%

7% Sept.
27
Apr.
L01% Jan.
3% Dec.
6% Aug.
1
July
1% Apr.
8% Aug.
88
Sept.
9% June
11% Apr.
1

Dec.

17

24
10

Dec.

85

Apr.
29% Apr.

12
11

Aug.
4
Sept.11
5
2% Jan.
12% Mar. 10

35

Jan.

24
14

9% Sept. 6
5% Sept. 12
Sept.11
31
34
Sept. 12
19 101% Dec. 20
11

30
10
16

9

M
2

8

11

26

ifl*
M

7
1

J an.

3

Mar.

3

Sept. 25
May 31
Jan.

5

Dec. 30
4

3
31% Jan.
32% Sept. 11
61% Sept. 16
67% Sept.11

54% Apr. 19
Sept. 22 177
Aug. 11
3
5
Dec. 14
Sept. 5
2% July 25
„% Sept. 5

150

16
93

Sept.
Apr.
26% Jan.
6%-Aug.
20% Apr.
33
Sept.
28
Apr,
9
Apr.
75
Apr.
24% Apr.

1
38
Jan.
12 110
Jan.
3
32% Aug.

25
8
1
11
8
14

8
June 30
2
2% Aug.
8
3
Apr.
48
Aug. 21
62

9

7

Dec.
Mar.

5% Nov.

Aug. 24

3% Sept.

38

Apr.

3

3

4
Apr. 29

3
41% Jan.
40% Feb. 28
37% Mar. 4
17% Dec. 20
94

Dec.

11

52% Sept. 22
96

Jan.

6

8% Sept.11
Sept. 5
Sept. 8
19% Sept.11

13
93

26

4

Mar. 10

4 108% Aug.
4
6
7% Mar. 10

1% Apr. 10
19% Aug. 24
16% Apr. 11
49

5
4

25
Feb. 27

Oct.

11

32% Apr. 11
Sept. 8
5

Jan.

91

zl06

9

14

Dec.

yd

4

c87% Sept. 15 100

13

12

8

8

32% Nov.

18

112% Dec. 14

9s

111% 112% 111

30

9% Dec. 22

27
27

Dec.
Dec.

55

6

Feb.

8

14% Sept. 12

60

Feb.

72% Aug. 15
32% Dec. 29

30% Jan.

Sept.
Apr.
Aug.
Apr.
Apr.
Apr.
Nov.
Dec.

29

53

9

6

Dec.

Dec.
Dec.
Dec.
Decl

Feb.

98% Oct. 16 109% Aug. 7
8
42
60
Jan.
3
Apr.
103% Sept. 19 uoh June 21
8% Aug. 24
Sept.11

16% Dec. 27

83

6

3
13

Dec.

90

4

9

18% Dec.
3% Dec.

28

82

26

10

Dec. 27
1
14
4% Aug. 24
19% Apr. 11
8
73% Apr.
45
Jan. 24
13% Apr. 10
3% Aug. 23

10% Sale
29% Sale

Oct.

11

14

Dec.

5

Apr.

13

3% Dec.

Dec.

Mar. 16
Jan.
6

Anr.

Dec,

Dec.

58
11%
101%
20%

133

Sept.

May-2
Jan.
5

5

Dec,

Dec.

105

25
Mar. 13

5

5
19

9

Oct.

19

1 174

Dec.

4

Feb.

I06%Sept.l8 115
20% Apr. 11 39
78
69
Sept. 25
42
Jan.
3
45%
34% June 30 60%
21% Apr. 11 38
125
Sept. 11 135

1

Dec.
Dec. 27

Feb.

1

Dec.

Dec.
Dec.
83% Dec.
3% Dec.
Dec.
72
Dec.
12% Dec.
26
Dec.

Sale

Sale

_

23

69

10

Dec.

4 114%

21

34% Oct.

Feb.

9% Dec. 22

88

41

7 X

Dec.
Dec.

46% Sept. 28
2% Apr.
8
15
Apr.
8

6% Dec.
24

38

Sale

19% Sale
4%
4%
16%
17%

Dec.

Dec.

22%
98%
31%
6%
25%
36%
35%
15%

43

8X Sale
107% 110%

Dec.

21% Dec.

Sale

18

Dec.

30

7

Preferred ex-warrants

•

5

7
29

Dec.

$2.25 conv pref w w

17

2

14

6h
87*/,

Sale

5% Sale
28% Sale
7% Sale

4

Dec. 20

19% Dec.
4% Dec.
6% Dec.

14
5

29

Crown Zellerbach Corp.-----5

*

11

Dec. 27

Dec,

Sale

-

Dec.

5

19

Sale

48X
23 X Sale
6X
7

Dec^

15% Dec. 15

Sale

*

$8 preferred—
Cutler-Hammer Inc

1

6

Sale

83

Dec.

Dec.

32
7
27
38

Sale

4

31% Dec. 26

7

32

pref—100
*

5

15

Sale

Curtiss Wright Corp.——1
Class A
1

90% Dec. 28
12% Dec. 30
96% Dec. 27

6% Dec.

Sale

Sale

Cushman Sons 7%

Dec.

8

Sale

Sale

32

4

103

-

19

5%

4

99

Curtis Publishing Co (The)—*
Preferred
——*

6

Dec.

Sale

5

1

Dec.

91

Sale

-

Dec.

Sale

Sale

—

iH

Sale

25

Preferred

48% Dec. 29

22% Dec.
22% Dec.

5% conv preferred
100
Cream of Wheat Corp (The)..2
Crosley Corp (The)
—*

Cuneo Press Inc

30% Aug. 24
44
Aug. 21
% June
1
% Aug. 23
% Aug. 10
7% Apr. 11

Dec.

7

4

Sale

7

1

10

10

Dec.

Dec.

8

4% Dec.

5%
5%

112

x22%

Apr.

Dec.

Dec.

Dec.

2%

Sale

4

24
8
5
26
18

W*

36

Dec.

26% Sept.

21%
29%
47%
95%

Dec.

4
7
Dec.
7% Sale
30
20
2% Sale
1% Dec. 27
2
3% Sale
3% Dec. 27
16
18
17
6
17
Dec.
7
16%
15% Dec.
100% 101% 100
101% 100% Dec. 23 101% Dec. 20
1
'15% Sale
16% Sale
7
15% Dec.
17% Dec.
12% Sale
13% Sale
8
12% Dec. 27
13% Dec.
1
1% Sale
Dec. 16
4
1% Sale
1% Dec.
94
91
Dec. 12
07% Sale
92%
5
98% Dec.

41

6% Apr.
£3% Dec.
27
Apr.
85% Oct.
1% Sept.

X
%
%
1%

1

Sale

Sale

Cuba RR 6% preferred—100

Dec.

13

105
30

Aug.
Apr.
Apr.
June
% Dec.
% Dec.

2
14

Sale

2

4

22

1%
9%
%
%

Dec.

Dec.

4

•

6h
23%

8

Dec.

9* Dec.
Dec.
12

5

17% Dec. 28

84%
74
78
71%
74%
71%
47 X Sale
45% Sale
44%
105
101% 102% 103
102%
Sale
52
Sale
52
50%
109
110% 107* 110% 107%
Sale
12% Sale
12%
Sale
IX Sale
1%
Sale
66% Sale
64%
30% Sale
32% Sale
30%

Sale

Cuban American Sugar

Dec.
I>ec.

39%

4

Sale

preferred-——-*

ib

2

3% Dec. 21
30

Sale

176X

conv

42% Dec.

"45%

18

59

Preferred

4

113% 114%a 112
Dec. 20 1.14
35% Sale ~34%Dec7 27 39
77% 75
Dec. 15
76

Sale
Sale
Sale
6%

Sale

$5

Aug.

Dec.
Dec.

32

68

18%
4%
6%
4%

Sale

Crown Cork & Seal

17

k*
29

Sale
38% Dec. 16 48% Dec.
Dec.
35% Sale
34% Dec. 27 38
Dec.
130%
130% Dec. 20 131
119
Sale
117% Sale 116% Dec. 21 120% Dec.
61
65
61%
62%
60% Dec. 12
62% Dec.
Sale
18
15X Sale
1
Dec.
18
15% Dec.
104
105% 106
105% 104% Dec. 11 105% Dec.
31
Sale
1
30
Dec.
32% Sale
33% Dec.
109 X
Sale
110
110
Dec.
7 .111% Dec.

Sale

Sale

19

130%

*

Crane Co

26%

Dec.

Sale

Corn Products Refining—-.25
Preferred.
-—--—100
-----

Apr.

70

Corn Exch Bank Trust Co- .20

Coty Inc

98

60

Sale

Consolidation Coal Co v t c_25

11

12

1

1

Sale

19

18

26

93% Dec.

Sale

6%
9X

Dec.

8

1

Sale

Consol Laundries Corp—----5
Consolidated Oil Corp
*
Consol RR of Cuba 6% pf-100

32

21

6

87
8

31X Sale
Sale
* 102

Dec.

18
22

Dec.

80

$5 preferred

4
4

18

12

80

Sale

Jan.

16

82% Dec.

Sale

10 X

52% Jan.
47% Jan.

13

12% Sale
94%
96%
50.

June 29

5% Aug. 24
Sept. 5
20
Sept. 9

18

89% Sale

88

"lX Sale"

28

%

Sale
36

79

$2 partic preferred-—
*
Consol Edison Co of N Y Inc.*

%
8%
10%
4%

3% Sale
31% Sale

Sale

5

7
7
7
14

27

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

1%
10%
%
%
%
%
13%
33%
47%
%

8
8%
10% Sale

86

Consolidated Film Industry-_1

2

Sale
Sale
Sale
Sale
Sale
Sale
35%
48%
Sale
Sale
Sale

84

120,400
5
15,600 Davega Stores Corp—Conv 5% preferred
.25
6,900
Davison Chem Corp (The) —1
82,700
4,200 Dayton Pr & Lt 4%% pref-100

For footnotes

11%
%
%
%
%
14%

8%
78

203,700
154,700 Coty International Corp

580
400

Sale

8%
75X

Sale
113%

4,187,000
629,600

2

Dec. 13
Dec. 27

92

Sale

4

Dec. 29

16

95

2%

Cigar—-----—*
7% preferred
—-100
6 %% prior pref
100
Consol Coppermines Corp
5
Consolidated

Sale
Sale
8
Sale
Sale

6%
5%
25 X

43 X

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

93

23% Dec.

8
x3% Dec.
38% Dec. 27

7%

Continental Can——
20
401,250
$4.50 preferred
*
15,000
Continental Diamond Fibre
5
125,300
Continental Insurance
2.50

625'600

41%

7

Dec.

Dec.
Dec.
Dec.
Dec.

39%
7%
33%
20%

Dec. 26 105

100

17%
Sale
Sale

29 %

93X

9,900

4%

Highest
Sale Prices

Sale

Congol eum-Nairn Inc
*
Congress Cigar.
— *
Conn Ry & Ltg 4 % % pref- -100
Consol Aircraft Corp
—1

92%

168,000

25
16

Lowest
Sale Prices

20

20%
103

Highest
Sale Prices

35% Dec. 27
6% Dec. 27
28% Dec. 27

Sale

Conde Nast Publications-—-*

------100

1,710,800
531,400
97,800
18,620
216,500

19
101

Lowest

Sale
Sale

46%
%
%
%

Columbia Broadcasting

1,256,820

1939

Sale Prices

Ask

47%
Sale
Sale
Salo
Sale
9%
11
Sale

112% 115
355T Sale"
72

6%
31

30

Sale

%
s$
%

Sale

10

Sale^
36

35

'

Sale
Sale
Sale

47

%
IK
1%
8%
13 %
13 %

17%

Sale

X
%

Sale
Sale
Sale
Sale

1

Chrysler Corp.---------—--5
City Ice & Fuel-——--*
6% preferred
—-—100
City Investing Co—------100
City Stores
5
Clark Equipment
*
70;200
Clev Cine Chic & St L Ry—
5% preferred-.-—-100
70

3,536,900
110,700
28,440
*330
33,400

Ask Bid
Sale
37%

6 X
31X

Sale

30

Dec.

39

50% Sale
11% Sale
42

33

2,330 Chile Copper

45,100
144,300
12,300
1,220
622,900
28,500
1,010
5,710
262,100
52,800
18,800

YEAR

1939

1939

190,900
77,075
39,000
81,500
16,900
2,209,800
55,000
2,340
290,500
5,400
323,100
6,900
1,299,100
1,881,900
287,200
1,558,400

RANGE FOR

Jan. 3

n. y. stock exchange

Dec.

y

m

9

Sept. 27
Sept. 27
Nov.

4

32% Nov.

4

91

8*

fa

Nov. 16
June 17

Sept. 26
June 20
Mar. 10

8
4% Apr.
Sept. 22
Sept. 19 112% Dec. 14

103

N. Y. STOCK

:»4

EXCHANGE—STOCKS

AGGREGATE

SALES
In

12

December
Shores

Dec. 1

*
20

805,600 Deere & Co
Preferred

43,300

28,800 Deisel-Wemmer-Gilb Corp. 10
100
673,600 Delaware & Hudson
462.000 Del Lackawanna & Western.50
_

23,100 JDenver Rio Gr & West pf_100
100
24,900 Detroit Edison
Devoe & Raynolds A—.

*
*

Diamond Match
Partic

25

6% preferred

Diamond T Motor Car Co—2
Distil Corp-Seagrams

Ltd
*
5% pref with warrants—100

12.100

*
20,220 Dixie-Vortex Co
Class A
*
10,180
74,600 Doehler Die Casting Co___-_*
..*
310,400 Dome Mines Ltd
*
876,300 Douglas Aircraft Co Inc
*
70,700 Dow Chemical Co

1,600
880

^

-_

6,500
19,400
33,300
4,400
8,600
5,300

63,600

*
123,200 Dresser Mfg Co
1
149,200 Dunhill International
*
8,400 Duplan Silk
8% preferred
100
500
561,000 Du Pont de Nem & Co (E I) -20
6% non-voting debs
100
58,000
$4.50 preferred
*
54,900
Duquesne Light 5% 1st pf_100
5,110
1
621,900 Eastern Airlines Inc

3,800
9,100

--5
94,000 Eastern Rolling Mills
253,400 Eastman Kodak Co of N J—*

200

46,700
1,200
11,200
760

350

Ask

Bid

2034 Sale
25
2454
15
1554
24% Sale
Sale

8

134
11334

134
Sale

4

*
5
3

Dec.

1939

23

554
54
12354

2434 Dec. 11
1554 Dec. 20
2154 Dec. 27

26

16

Sale

Sale

2134
554
54

Sale

Sale

34
Sale

Dec.

21

Sale

2354

Sale

.

Sale

4

Dec. 27

5

Sale

54 Dec. 19

123

Sale
Sale

Dec.

120
20

Dec. 27

24

Sale

21

Sale

34

Sale

3354 Sale

Sale

4234
834
1634
73 54
1254
3454

Sale

42

Sale

854
1854
7434
1154
3434
1854

Sale

3234 Dec. 27
4134 Dec. 27
834 Dec. 28

Sale

18

Dec.

Sale

7134
1054
3354
1654

Dec.
Dec. 19
Dec. 13
5
Dec.

22

Dec.

854

Sale

Sale

84

86
Sale

1234
34%
22%

Sale
Sale
Sale

33

7854
13234

Sale

1634
1134

Sale

Sale

9
Sale

7434
Sale
Sale

17

2234
7354
135

Sale
Sale
Sale

14

110

12

154

115
Sale

138

Sale

119

123

11634 11734
1634 Sale

754 Sale
Sale

184

2534

Sale

"3 34 Sale"
3434

Sale

1534

Sale

234
1154
>3754
3334

Sale
Sale
Sale
Sale

14

754

117

120

175

Sale

35
Sale
Sale

8234 Sale
143* Sale
Sale

15

•734
1234

23

Sale

13™

Sale
Sale

11654 120
Sale
182

Sale"
Sale

Highest
Sale Prices

Dec. 28

1834
2554
634
54

Dec.

11

Dec.
Dec.

6

Dec.

18

5

Dec.
24
* Dec.
3434 Dec. 16
4
43% Dec.

954
1934
7734
12 %

Dec.

13

Dec. 22
Dec. 21
Dec.
1

Dec.
2
1834 Dec. 21
2334 Dec. 23
8234 Dec. 29
35

1554 Apr.
Apr.
1134 Apr.
12 34 Aug.
354 Sept.
54 Dec.
103
Apr.
23

18

Sept.

28

Apr.

36 54 Sept.

175

Dec.

2354 Dec.

554
554
16234
16534 Sale
Sale
173
176
172
17034
Sale
30
2834 Sale
2834
1654
1634
1754
1734
1634
134 Sale
134
134 Sale
Sale
Sale
37
3654
Sale
1534 Sale
1434
6
Sale

11*

1 183

Dec. 30

7 1267j» Dec.
Dec.
14 122

7
1

11 11754 Dec. 27
1
3134 Dec. 29

1
6
Dec.
8
Dec.
5 16834 Dec. 14
Dec.
8 175
Dec. 19
Dec.
1
30
Dec. 30
Dec.
5
17
Dec.
7
Dec.
1
Dec.
134 Dec.
4
1
Dec.
3854 Dec.
7
Dec. 27
1654 Dec. 11

2534 Oct. 18
2734 July 11
1834 Dec. 11

10
8
10
24
1
19

28

834
134
12534
3254
3434
4434
1034
2034

June 19

Apr.
2034 Sept.
55
Aug.
10134 Apr.
6
6

Dec.

10

27

14

90

Mar. 31

10

26

Sept.
Jan.
Oct.
Jan.
July
July
Nov.
Mar.
July
Nov.
Jan.
Jan.
July
Nov.
Dec.
Dec.
Jan.

13 34
3534
10 2234
11 34
24 8754
11 14454
17 34
Mar. 31

30

Oct.

1934

13
2
3
7
22

534 Aug.
1354 Sept. 11
66
Sept. 30
954 May 18

Apr.
Apr.

27

14
12
12634 Apr. 11
126b# Oct. 27
112
Sept. 7
11134 Sept. 12
1234 Apr. 11
108

3034 Sale
534
16634

26

1
7334 Dec.
2 14454 Dec. 29
13334 Dec.
1354 Dec. 12
1734 Dec. 29
6
Dec
27
7
754 Dec.
13
Dec. 29
1334 Dec. 11

1267sa 12734 1267»j 12634 12673i Dec.
12154 Sale
12154 122
12134 Dec.
117
11734
11734 Dec.

2354

Sale Prices
Dec. 21
24

26 124

Sale

20

Lowest
Sale Prices

Highest

Sale Prices

Sale

Sale
Sale

2134
24K

Lowest

30
Ask

Ask Bid

42

2

831,100 Electric Auto Lite (Thq)
954,900 Electric Boat.

Bid

3034
3034

100 17534 Sale

6% preferred
4,360
208,600 Eaton Mfg Co
16,100 Edison Bros Stores Inc
196,300 Eitingon Schild

15,700
l.,100
5,700
29,200
34,600

YEAR

1939

Par

32,020
60,300
29,400
74,300
214,100

RANGE FOR

IN DECEMBER

Jan. 3

Shares

45,000
3,200
3,300
25,600
37,200
6,200
2,400
3,440
5,900
2,300
3,500
29,400
1,800

PRICES

Price

STOCKS
N. Y. STOCK EXCHANGE

Months
1939

11654 Nov.
18834 Sept.
142

4
26
11
26

13

3

1
31
4

16
3
26
4
29
29
13
2
5

Mar. 10

12434 Aug. 18
11834 Feb. 27

3134 Dec. 29
854
18634
18334
3034

354 July
13834 Apr.
15534 Sept.
1534 Apr.
1534 Sept.
1
Aug.
2234 Apr.
834 Apr.

Sept. 12
Jan.

5

Feb.

8

Oct.

25

1934
354
4054
1834

July
Jap.

12
4

334
1254
4134
38
**"

Mar. 6
Jan. —
19

26
Nov. 13

Oct.

Elec & Musical Industries—
American shares

73,740
1,039,300
19,600 ""432,800
11,200
141,100
12.500
84,700
56,700
2,200
132.000
8,100
15,900
3,000
220
7,660
30,700 1.442,800
2,000
27,500
22,100
2,000
1,300
12,400
105,900
22,200
7,600
163,800
97,900
13,100
29,000
1,500
16,100
46,000

—

Electric Power & Light—...

$7 preferred-.^..-.-..-—
$6 preferred
—

.

6,300
8,200
2,300
180

8,700
7,000
3.700

-

200

9,110
4,400
6,700
5.400
1,100
4,000
14,900

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

50

151,600
24,700
119,900
466,800
20,800
11,000
60,800
52,800
4,060
193,400
1,840
64,200

900

2,000

6,200
90

7,100

500

9,000
15,200
120

3,300
1,400
3,000
8,200
90

7,000
10,200
110

27,500
6,100
11,400
4,000
3,810
6,000
9,900
800

Fajardo Sug Co Porto Rico..20
Federal Light & Traction
15
j preferred
*
Fed Mining & Smelting new
2
.

Federal Motor Truck

*

Federal Water Service A..

39,200
6,300

29
41

Sale
43

11034 Sale
934 Sale
6634
6834
7134 Sale
76

78

154 Sale
2

Sale

454 Sale
254 Sale

Federated Department

434 % preferred

10

Firestone Tire & Rubber

100

6% preferred series A
First National Stores......
Flintkote Co

*

(The)

..*

Florence Stove Co

...»

Florshetm Shoe

45,900
326,100
44,500
11,660
52,800
3,710
2,394,300
578,200
13,700

(The) cl A...*
*

IFollansbee Bros
Food

Machinery Corp......10
434% conv preferred....100
10

Foster-Wheeler

*
*
100
10

—

A....*

2

Sale

28-

Sale

Sale

154

11034 109
Sale

11

79

78

Sale

87

90
Sale
2
Sale

234

92M
I*
154

1

12
16

31.

Dec.

1

#
40

Sale

1.54 Dec. 28
234 Dec. 22
154 Dec. 22

Sale
Sale

4

Sale

Sale

2434 Sale
134
23
634
65

Sale

Sale

Sale

43

Sale

2834 Sale
13

14"
84

35

35

Dec.
Dec.

2

Sale

Sale

2654 Dec.

4

1554

454 Sale

97

Sale
Sale

a

Sale

8634 Sale

2634
88
Sale

3454
18

Sale"
2434

2434 Sale
9934 100
4234 Sale
3154 Sale
3454 36
18
1934
254
3
34

Sale

L0734 Sale
2834 Sale
87

90

354 Sale
4834
58
2954 Sale

234

254

Sale

2454
Sale

10354
Sale

Sale

35

2334
Sale

3234

154 Dec.
334 Dec.

2

2

Dec.

5
7

4

Dec.

9

7734
Sale
38
Sale
Sale

14

101

104

Sale

Sale

6 34

9

Sale

10434
59
Sale
934 Sale

LOO

L33

140

434 Sale
1734 Sale

Sale

9534 Dec.
5i Dec.
434 Dec.
54 Dec.

Sale

22

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Sale

15

27
14
19
11
12
18
27
29
14

27

13

14
50
Sale

75

1

50

10234

Sale
534 Dec. 27
734 Dec.
Dec.
8 10234 Dec.
10334 101

Sale *

Sale

Sale

Sale

148

145

53

Dec.

1

734 Dec.

21

145

Dec. 15
Dec. 14

3

Sale

Sale

Sale

Sale

23

Sale

72

Sale

57

Sale

50

...»
100

L27

.._.*

$4.50 preferred

*

General Gas & Electric cl A..*

_

.

...*
76,200
General Printing Ink--—....1
69,100
$6 preferred
*
1,880
...

General Public Service

114

General Shoe Corp
1
Gen Steel Castings.$6 pref...*
General Telephone Co
20
Gen Theatres Equip Corp...*
Gen Time Instrument Corp..*

6%'preferred
General Tire & Rubber Co

Sale
Sale

Sale

Sale

Sale

120
Sale

120

48

Sale

11634 Dec. 15
34 Dec. 14

40
Sale

8934 Dec. 13
119
6
11634 Dec.
12834 12534 Dec. 27

*5534 Sale"

Sale"

Sale

L2334 Sale
3434
38
634
654
1034 Sale

12454

128

Sale

38
Sale

35

Sale

9

L2434 Sale

434

uV>
1I*
a*

52

3!

1
Dec.
12734 Dec. 12

4

Dec.
Dec.

1

18

Dec.
4
110
Dec. 28
54 Dec. 13

ll7%

Dec. 29

Dec.
6
Dec. 11
Dec. 29
Dec. 29
Dec. 18
Dec.
7

Sale

Sale

1634 Dec. 27

Sale

Sale

Dec.

Sale

89
Sale

89

Sale

Sale

Sale

Sale

16

Sale

Sale

Sale

Sale

40!

15
Sale

1
3034 Dec.
1434 Dec. 27
283i Dec. 27
2
1854 Dec.
1054 Dec. 19

3054 Sale

Sale

"1454 "is"

Sale

1854
1554

17
9934

2354 Sale
834 Sale
51

Sale

Sale

9934

20
Sale

1654
9934

Dec.

1

34 Dec. 16
Dec.

7

9

8
12
4
9
5

Dec.
7
Dec. 23
Dec.
6

Dec.
6
Dec.
7
Dec. 28
Dec. 29
Dec.
7

Jan.

8
3

Nov.

10
11

4

Jau. 20
Sept. 26

Jan.
Dec.

28

3134 Dec.

234 Aug. 24
54 May 25
1854 Apr. 11

Nov.

10

38!
18!
98
—

Jan. 15
Sept. 8
Aug. 15
Dec.

11

8
4

19
18
6

151
2731

Jan.

Sent. 13

891

Feb.

Nov. 30

23 i

Nov. 20

Apr. 11
Sept. 13
Apr. 10
Jan.

4034
2134
2534
16 105
8
5l ~
"
__

Oct.

Dec. 16
Dec. 28
Sept. 12
June

8

Apr.
Sept. 5
6
Apr.
May 12

Aug.
3
3134 Jan.
4
38
July 27

8

5
Sept. 11
3734 Sept. 12

134 Apr.
Apr.
10334 Apr.
14
Aug.
6634 Aug.
134 Apr.
21

25

14

5 108

Oct.

Jan.

24

29

Jan.

24

9051
93l

Jan.

Sept. 15

55

Jan.

1834 Apr. 26

36

27

Apr.
July
Aug.
July
94
Apr.
354 Apr.
x9% Sept.
4534 Aug.
May

I*
V

Apr.

7
Dec. 29
Dec.
4
Dec. 20
Dec. 30
Dec. 19
Dec.
1

Mar.

13

2534
234
834
4331

1

81

Jan.

Dec.

28
28
27
15

29

96

Dec.

Sept.
Sept.
Sept.
Sept.

11
24

40

Dec.
1
Dec. 11

3!
65!
5!

11

20

5

Sale

110
Sale

7

30
Aug. 3
June 21
Aug. 16
Aug.
7
Jan.

Apr.
Apr.
Apr.
Apr.

Dec. 22
Dec.
4
Dec. 12

Dec.
Dec.
Dec.
Dec.

Sale

Sale

100

5
463,300
Gillette Safety .Razor
...5
314,700
$5iconv preferred.........*
49,000

Sale
Sale

Sale

114
Sale

57

Dec. 14
16
19
Dec.
8
110
Dec.
5 11334
1
3834 Dec.
4054
1
48
4534 Dec.

90
Sale

78

*

_*

Sale

134 Sale
39

49,700
General Railway Signal......*
138,300
6% preferred
100
980
Gen Realty^& Utilities Corp__l
208,700
$6 preferred-.
........*
37,400
General Refractories

130

4334 Sale
3934 Sale

534 Dec. 18
3534 Dec.
4
3434 Dec. 14

234 Dec. 29
234 Dec.
1
*V/a
Sale
334 Dec. 18
434 Dec.
5
Sale
1434 Dec. 26
1654 Dec.
7
Sale
1235 Dec. 2 1454 Dec. 7
103
10434 Dec. 21 10434 Dec. 21
5
Dec.
1
454
43i Dec. 26
13
Dec. 12
1354 Dec.
6

35

2354 Sale

Dec. 11
Dec.
1
Dec.
6

Nov. 29
Sept. 13

134 Sept. 11
3
6

6
Apr. 11
14 34 Apr. 11
Dec. 20

Dec. 19
Dec. 29

254 Dec.
1
3434 Dec. 30
20

...»

..*

37
24

27

Sale

2

Dec.
2
Dec.
4
Dec. 14
Dec. 16
Dec. 28
Dec. 22
105
Dec. 23
4734 Dec.
1
2234 Dec.
7

29
1

Dec.

2554
8734
1854
4034
2134
2154

Sale

.....100

7% preferred

1

8
6

95

134 Apr. 10
6534 Sept. 15

24

Dec. 11

89

54 Aug. 24
1
Aug. 21
134 Sept. 1

3934 Dec. 30
2954 Dec.
7
1634 Dec.
9

Sale"

27

8
6554 Apr.
69
Apr. 11

354 Sept.

Jan—20
Feb.
6
" '
"

Sept. 14
334 Sept. 11

35

28
Jan. 25
4254
3234 Aug. 31 55
zl03 34 Mar. 22 111
8
7
1334
Apr.
8
8034
6234 Apr.

2

98

13

1

134 Sept. 11
634 Apr. 10
11
8
1854 Apr.
"
2334 Apr. 11
4
54 Apr.
20 34 Apr.

6

3134 Dec.
434 Dec.

19

12

d*

Dec.
Dec.

21

1034 Dec. 19
2034 Dec. 19

....._.*

1
6

30

Dec. 27

8434
1734
Sale
3734
2354
2134
Sale
1934
Sale
10334
4354
4634
Sale
1954
Sale
3454
2254
Sale
234
8654

Sale

934 Dec.
6
2434 Dec. 21

11 107
Sale

95

1854 Sale
5134
5134

5

Dec. 27

28

Sale
Sale

25

14

1554

Sale

81

5

4
Dec.
Dec. 27
1
Dec.
Dec. 20

6
Sale

6

Sale

5

354
834
2134
54

Sale

Sale

Sale

3

Sale

Sale

Sale

...

Dec. 29
Dec. 30

Dec. 28
154 Dec. 14
Dec. 19
42
Dec.
6
Dec. 26
4554 Dec. 19
Dec. 20 10934 Dec. 14
11034 108
Sale
1
1034 Dec.
1134 Dec.
7
3
80
z7534 Dec.
7934 Dec. 29
84
Dec.
1
8854
8834 Dec.
6
89
93
Dec. 15
9234 Dec.
7
Sale
4
1
Dec. 13
54 Dec.

4

Sale
Sale

General Electric.....
General Foods

154 Dec. 12
751 Dec.
7
32
27

Sale

Sale

42

Dec.
Dec.
Dec.

m

Sale

42

4

.....




3

27

Sale

13

Preferred 7%
General Cigar Inc...

For footnotes see page 40.

84

8734
34
154

Sale

1

173,500
$6 conv preferred A
*
1,170
General Mills
.1..*
68,100
6% preferred
100
17,290
5%ipreferred
100
1,530
General Motors Corp.....
10
4,657,200
Preferred 5%
.*
47,800
Gen Outdoor Advertising J A_ *
9,700

184,200
27,600
57,870
52,400
124,900
16,900

4
134 Dec.
654 Dep. 20
29 '

Sale

.....10
*
$6 pref..*

General Bronze
General Cable
Class A

Common

2534
3054=
154
4134
4034
10834
1034
7634

3154

Sale

13

*

300

~7~266

*

63,700
5
25,800 Gaylord Container Corp
534 % conv preferred
50
3,500
Gen American Investors__...*
82,100
$6 preferred-.
._...*
3,000
Gen Amer Transp Corp
5
147,210
General Baking Co
.5
166,100
$8 1st preferred
*
2,410

"9,506

70

3

Corp

Fairbanks Co 8% preferred-100
Fairbanks Morse & Co—
*

800 Gannett Co Inc conv
Gar Wood Industries Inc

7.200
800

1,530
205,200

5
5

Exchange Buffet Corp

140,400
$3 preferred
57,700
Gamewell Co (The)
13,970

20

"3; 100

Ex-Cell-O

Sale

29

50

Evans Products Co

53,300 Gabriel Co (The) class
Gair Co Inc (Robt)

1,500
6,800
4,200
1,550

21,000

100
100

4% 1st preferred..
4% 2d preferred

*

13,900

300

—.100

7% conv preferred
Francisco Sugar Co
780 Franklin Simon pref
255.800 Freeport Sulphur Co

190
4,800
150

180,900
31,500

5% preferred
100
Engineers Public Service
1
5 conv preferred—
*
5.50 preferred w w—..—*
6 cum preferred
.___.*
Equitable Office Building
*
Erie RR

~

154 Sale
3
50

Endicott-Johnson

Stores.*
100
Ferro Enamel Corp
1
Fidelity Phenix Fire Ins..2.50
*
360 Filene's (Wm) Sons Co

11,000
1,100
12,300
22,700
3.100

730

30

20 Erie & Pitts RR Co
Eureka Vacuum Cleaner

"4" 400

2,500
13,700
2,500
2,700
11,200

Electric Storage Battery.
Elk Horn Coal Corp
El Paso Natural Gas Co

Sale

Sale!
:m ^34 Ji Sale

10

9

11*

10
10

88

13

Dec.

Apr.

Oct.

Sept. 27

Oct.

1

i§*

July 21
Sept. 11
4

Jan.

75

Jan.

3
4

2534 Jan.

8

Jan.

35

6

23 13034 Mar. 31
5
11
4454 Jan.

3654 Jan. 27 4734 Aug.
10754 Sept. 25 11854 July
Jan.

34 Dec. 14
3
Jan.
39
7234 Jan. 26
11634 Dec.

26

Sept. 25

26 10334 Mar. 28
8
65
Sept. 27
Mar.
9

8
Apr.
Apr. 10

16

6

5
13

22 10434 Dec. 21
Jan.
5
10
1
3
18% Jan.
Jan. 17
17
52
Jan.
3
17
9

Mar. 31

106
31

11
5

Sept. 13
Sept. 26

10

11
734 Dec. 21
128
Sept. 20 149

234 Apr.

Sept.

6

3
3
5

6534 July 11
99
July 28

6 127

Jan.

27

12534 Dec. 27 12854 Dec. 11
5654 Oct. 26
3654 Apr. 11
8
112
Sept. 5 12634 June
Feb. 28
4
38
28
Apr.
5
634 Jan.
Sept. 5
334
3
Mar. 31
1034 Jan.
105
Apr. 15 11134 Nov. 25
June 30
154 Sept. 5
J an.
5
28
Sept. 1
8534 Aug. 22 9234 Apr.' 6

■128

Jan.

June 30

2034 Jan.

Sept. 6
Apr. 11
Aug. 24
8
Apr.
Apr. 28

3
5

4
7
1534 Oct.
4354 Sept. 27
41

Jan.

Dec.

1

2034 Nov. 20

Sale

Sale

Sale

Sale

2
2134 Dec.
554 Dec. 18

Sale

Sale

45

Dec.

8

2334 Dec.
7
634 Dec.
5
4934 Dec. 21

1534 Jan.

4

Aug:. 10

18

8

Nov. 15

16

8
9934 Feb.
2754 Mar. 10
3
854 Jan.
Mar. 14
54

Sept.

5

Apr. 11
Apr. 10
Oct.

21

•

Nov#

J AN.,\1940]

35

N. Y. STOCK EXCHANGE-STOCKS

AGGREGATE
SALES
In

12

December
Shares

140

30,000
3,800
63,400
4,330

5,OQ,0
410

40,800

7,700
3,600
2,200
1,800
1,800
6,000
4,000

.

260,600
57,400
54,900

Dec. 1

Gimbel Brothers

300

580
20

11,500
51,700
9,700
9,700
160

2,100
1,100

Gobel

•

500
190

14,000
300
.

a?o

6,800
"

~~2~, 600
40

17,300
1,800
16,400
1,600
30

3,600

F)

1
Co—100
*

$5 preferredGoodyear T & R
$5 preferred
Gotham Silk Hosiery

-

_

9,300
1,710
197,500
6,900
v
1,430
"2,890
113,700

610

1,100
800

40

14,600
1,000
12,900

10

Sale
Sale

55

23 54
45

Sale

Sale

254
2 54

Sale

65

Sale

70

40

3| H

Sale

254 Sale
84 54
86
3:1954 Sale

-

Sale

63

Sale

2354 Sale
9454 Sale
354 Sale

100

Graham-Paige Motors
„-l
Granby Consolidated Mining
Smelting & Power Ltd
5
Grand Union Co (The)
--1
$3 conv preferred series
*>
With div certifs
*
Without div certifs
*

Sale
Sale

5

80

74
1 54

Sale
IX
Sale

IX
12 X

71

69

Sale

1939

Sale

92

69

68

Sale

1

'

1654
1454

26

33

Sale

23 A

Sale

23 54

MX
30 %
26

Sale

1754 Sale
26>4 Sale
2854 Sale

Sale

24

Sale

135

60

5354

2754

Sale

31

Sale

20

Sale

Sale

12 X

Sale
Sale

1754
1154
254
21

Sale
22

1754
45*

Sale

21

Sale

16

30

31

30

aW

Sale

454

17

Sale

iVA

Sale

135 X 137
49 X
40

354

354

754 Sale

16

Dec.

16

Sale

Sale
34

33

23

25

17

Sale

2654 Sale
2754 Sale
1335* 140
60

45

3454
1654
1154

2?*
354
1654

Sale

Sale
12
Sale
25

354
Sale

27
Dec. 21
22

Dec. 27
Dec. 18
Dec.

4

43

Dec.

6

14

Dec.

14

Dec.

1

67

Dec. 27

6

Dec.

1854
3854
354
254
8554
2054

Dec.

Dec.

1

Dec.

13

654 Aug.
Sept.
Sept.
34
May
254 Jan.
154 Apr.
70
Jan.

Dec.

7
15

53

2554 Dec.

7

Dec.

13

Dec.
Dec.

7
15

Dec.

27

Dec. 29

92

Highest
Sale Prices

105-8 Dec.

28

Dec.
Dec.

Lowest
Sale Prices

53

5054 Dec. 19

3754
3854 3654
254 Sale
254
254 Sale
254
83
8354
8754
19
1954 Sale
64
6554 263
23
Sale
2254

754 Sale

16

Sale

Sale

Highest
Sate Prices

Sale Prices
Dec. 28
8

54 Dec. 29
4

854 Dec.

754
J4
1654
1454
954
1454
3254
23 54
1654
2554
2754

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

2

Dec.

2

1754 Dec.

26

6

13

Dec.

15
14
6

Dec.

22

Dec.
Dec.

26
6

22

19

Dec.

4

25

Dec.

H

1254
1654
2354
12954

Dec. 27
22

1
454 Dec.
1754 Dec. 21

Dec.

3
11

6

35

Jan.

25

Apr.
Apr.
Aug.

2254
3354
3754
14154
5354
3554
2154
1254

Sept.

42
May
2454 Jan.
1454 Apr.
10
Apr.

16

3

3

1054
154
1854
1554
105-s
2254

Apr.

7

Dec:

10

Mar.

154 Nov.

2454 Jan.

3

16

80

454 Apr.
54 Apr.
11
Apr.
1454 Dec.
954 Dec.

Dec.

4

Nov. 29

10

54 Aug. 18

Dec.

25* Dec.
21

86

4
2454 Jan.
7454 Mar. 16
11
3
3854 Jan.
87
Nov. 10 109H Jan.
5
254 June 30
554 Sept. 27

Dec.

27
2854 Dec. 13
29
7
2954 Dec.
4
131
Dec. 20 13554 Dec.
8
8
5354 Dec.
5354 Dec.
1
31
Dec.
3454 Dec. 29
6
1654 Dec. 27
1854 Dec.
Dec.
7
12
1154 Dec. 15

5

7

354 Mar. 14
4
254 Jan.

4

67

Jan.
Mar.

\VA

11

1554
1054
1754
3454
2454

14

28
19
18
29

3
1354 Jan.
6654 Mar. 11

24
1
1
17
23
10

1354 Apr.
Apr.
215* Apr.

1

95

35* Dec. 14
Dec. 13
67

54 Sale

18 X
Sale

1854

5254

f9*

54 Sale

Sale

7 54

64

Lowest

Ask

Sale

W*
60

47

Dec. 30

Ask Bid

6454
*
38%
*
* 109

-

Preferred

Bid

Sale

5

Sept.
Jan.

27

Oct.

31

Dec.

15

Dec.

14

Sept.
Aug.
Aug.
Sept.
Sept.
Sept.
July

12
14
4
11
27
5
27

Dec.

8

July

18

Mar.

9

June

13

6

Apr.
Apr.
Apr.
Apr.

Sept.
36
Sept.
654 Sept.
2254 Sept.

5
6

27
27

••

Hackensack Water
Preferred A

25
25

Hall Printing,
Hamilton Watch

10
*

6% preferred
.--100
(M A) Co $5 pref:"—*
Harbison Walker Rerrac
*
Hanna

32 X

33
Sale
16X
99
105_
-97—IOO
11X
1554

Sale

31

790
6% preferred
100 13854
6
-1
41,700 Hat Corp class A—
7254
6 A %i preferred with warr 100
2,611
3X
—-—2
405,100 Hayes Body Corp
25 106
22,700 Hazel-Atlas Glass Co
11X
1
417,800 Hecker Products Corp25 10954
10,500 Helme (G W)
7% preferred
--100
1,600
—*
1654
60,300 Hercules Motors

-_ _

800

7,700
6,900
9,500

Aslc

Bid

24 %

*
0,900 Hercules Powder
6,870
6% preferred
100
*
13,600 Hershey Chocolate
12,400
$4 conv preferred
- - *
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-..—12-50
17,000 Houdaille-Hershey class A.--*
Class B
318,000

9,600

-

1

(Adolf)

Goebel Brewing Co
Gold & Stock Teleg

Goodrich (B

I

140

*

—

$6 preferred
*
(The)
,---*
454% conv preferred..—50

Glidden Co

1,800
1,800
*
63,500 Granite City Steel
87,900 Grant (W T)
--10
14,700
5% preferred
20
254,700 Great North Iron Ore Prop—*
100
1,278,500 Great Northern pref
--*
173,700 Great West Sugar
Preferred
-.-100
5,390
136 Green Bay & Western RR-100
193,800 Green (H L) Co
1
*
1,471,400 Greyhound Corp (The)
87,000
554 % preferred
10
--*
193,900 Guantanamo Sugar
4,425
8% preferred
..100
14,100 Gulf Mobile & Northern—100
6% preferred
100
26,100

18,700
57,800
8,800

YEAR

1939

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

RANGE FOR

IN DECEMBER

Jan. 3

Shares

30,000
1,600
17,200
1,300
11,000
7,900

PRICES

Price

STOCKS
N. Y. STOCK EXCHANGE

Months
1939

-----

Sale

7454
Sale
10654
Sale
111
15954
Sale
Sale

86
133

134

55
104

5654

1754

105
20
Sale

954
Sale
Sale

64

3154
3354
1754 Sale

8
3054
29
3154 3054 Dec.
3154 Dec. 20
May
2
36
Dec. 29
3654 Sale
3754 Dec. 14
32
Jan.
5
1
1854 Sale
1754 Dec.
8
1854 Dec. 14
Apr. 11
Dec. 11
1854
1554
17
17
15
1554 Dec. 27
Apr. 19
Sal e__lQL5i
Dec.—1
.4-108- 103---Dec, 27 105
99—Apr:~12
1 103
Sale
Dec.
8
1025-s 10354 10154 Dec.
96
May 19
4
Sale
2654 Sale
2554 Dec.
2854 Dec. 19
17
Apr. 10
142
135
147
123
Sept. 5
2
754
75* Sale
654 Dec. 19
754 Dec.
454 Feb.
3
86
91
90
Dec. 14
5
9154
71
Jan. 19
9054 Dec.
Sale
7
354 Sale
354 Dec. 27
2
454 Dec.
Apr. 10
108
107
Dec. 13 11254 Dec. 30
11254 Sale
93
Apr. 11
Sale
1
954 Dec. 27
9J4 Sale
1054 Dec.
854 Apr. 10
Sale
107
109
107
Dec. 21 110
Dec.
1 100
Sept. 13
2 160
Sale
Dec.
1 148
1555-s 160
15954 Dec.
Oct. 20
Sale
7
155-s Sale
1454 Dec. 27
10
1654 Dec.
Apr. 10

38

Sale

17

10454
10154
2554
130

754
9034
354
10634

1054
110
160
15

Sale
87
89
8554
8654
13154 131
13054 13354 131
60
6154
6054
5954
6154
108
110
109
„3M 116
18
17
1754 Sale
32
32
3354 3354 Sale
6
Sale
Sale
554
Sale
12
Sale
1154
101
108
10854 10254 110
59
Sale
5854
5854 Sale

#«

32

34
Sale

1254

3154
1354

Dec. 12

Dec.

16

Dec.

Dec.

8

90
5 132

Dec. 20

6154 Dec. 29
4 112
Dec.
Dec. 14
Dec. 28
2
1854 Dec.
Dec. 27 3454 Dec.
7

Dec. 14
6
Dec.

1
654 Dec.
1454 Dec. 18

19 10854 Dec.
Dec.
Dec. 29 61
Dec. 21
33
Dec.

Dec.

33

32

1354

1254 Dec.

1

6
6

2

1354 Dec. 13

9

3254 May

W»
38

3454
1754

Nov. 30

1854 Dec. 14
18

28
T

Oct.
oct.

10354 Nov. 3
3354 Sept. 27
144

Mar. 29

3

1054 Oct.

92
Nov. J6
4 54 Nov.
4

11254 Dec. 30
1354 May 24
117

Mar. 24

167

June

5

1854 Nov.

4

8 10154 Sept. 11
63
Apr.
12854 Apr. 10 13554 Mar. 6
54
Jan. 28
6554 Aug. 3
100
Sept. 19 115
July 17
Jan.
19
7
1454 Apr. 17
Jan.
4
2954 Sept. 12 51

554 Nov. 25

1154 Mar.

9

22

2154 Sept.

5
31

854 Aug.
May
4754 Sept.
27
Apr.
854 Apr.
95

10 110
27

Oct.

10

6654 May 11
9
3654 Mar.
3
1754 Jan.

10

7354 July

8

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

1,800
100

20,000
6,700
5.000

23,300
15,500
26,600

2,100
17,800
2,800
330

12,000
24,800
55,700
11,000
10,500
900

9,700
550

3,900
31,100
15,100
3,700
4,500
35,500
1,500
13,100
75,600
10,800

155,700
800

93,000
101,600
5,400
1,320
1,300
4,000
1,900
400

143,700
11,000
6,750
100

2,800
2,500

•

300

1,500
190

5,400
6,300
650

54 Sale
354
354
2454 Sale

Sale

Inland Steel-

Insurancshares

1

Sale

12

Sale

Sale

24

26

Sale

40

43

6

Sale

Sale
Sale

-*

Sale

Copper—20

Sale

—

Inspiration Cons
Rights

Sale

Sale

*
100

-

6

Sale

6% preferred series A
100
Leased line 4%
100
RR sec stock ctfs ser A.1000
Indian Refining
10
Industrial Rayon Corp
*

Ingersol-Rand _—...
6 % preferred-

Sale

654
654

6

2554 Sale

49"'
3,

3

2554
5 54
1

1254
2354
4054
654
554
2854

53,200
969,000
115,900
33,800
52,100
490,100
18,900
367,500
806,600
85,200

*
*

Internat Agricultural

♦

—1

preferred

Int. Business Machines
International

*

Harvester

100

7% preferred

Internat Hydro-Elec Sys A-25
International Mercan Marine.*

1

Internation Mining Corp

1,813,000 International Nickel of Canada*
11,100

100

Preferred

1,162,800 International Paper & Power 15
5% conv preferred
100
810,900
52,320 Internatl Rys of Cent Amer__*
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

*
*
—50

International Salt
International Shoe..
International Silver

100

7% preferred
International

Tele

&

Tel

*

Foreign share certificates.—
Interstate Department

Stores
10

Preferred

*

Intertype Corp
Island Creek Coal

Preferred

4

7*

454
854




40.

2854 Sale
9254 Sale

Sale

Dec. 27
6
Dec.

554 Dec. 15
1
2554 Dec.

Sale
Sale
Sale

Sale

354
354

Sale

3954

354
354

1454

Dec.

6

13

Sale
Sale

Sale

Sale
133

Sale

Sale

5154 Sale
354

Sale

39

Sale

3054
32

2554
8454
954
954

lih
76
9

*
*
100

2854

.Sale
Sale

79

Sale

8
91

^

541

90

Sale

71

Sale
Sale
Sale

Sale

12754 132
*

14

Dec.

7

Dec.
Dec.

2

14 18554 Dec.
1
6354 Dec.

29

41

15
15

7
14

12

3854 Dec.

2

1 13254 Dec.
1
Dec.

20

1

Dec. 22

2654 Dec. 13
100
4

954
79
754
2454
12354

5754 Dec. 21
454 Dec. 23
5354 Dec. 26
Dec.
38

Dec.

12

Dec. 27

1

Dec.

4

454 Dec.
454 Dec.
1154 Dec.

1

6
Dec.
6
Dec.
8 °a
Dec. 12 2554
1 12354
Dec.

14 54 Dec.
1
82
Dec.
6
72
Dec. 29

29

Dec.

2854 Dec. 21

Dec. 29 107

354 Dec. 18

19

17

1

7

Dec.
Dec.
Dec.
Dec.

27

Dec.

13

14
6
1

8954 Dec. 29

79
Dec. 26 130
6354 Dec. 27 72
1354 Dec. 21
1654

128.

Dec.

6

Dec.
Dec.

8

7

Dec.

2

—

7

Sale

21
16

1754
1454

Sale
15

9754

105
Sale
95

93

Sale

Sale

Sale

Sale
Sale

27

Dec.

6

Sale
Sale
Sale
83

1154 Sale
22H Sale
1254

13

Dec.
Dec.

3454 Dec.

1654

87

Mar.

34

100

12154

1454

5

Sale

Sale

99

254 Sept.

8

Sale

Sale"

19

4

Sale

63
18
120

Dec.

Dec.
Dec.

Dec.

Sale

130

8

Sale

Sale

93

100

654
1754
1454
9654

1454
Sale

13
94

Dec. 21
754 Dec. 13
Dec. 30 20
Dec. 13
Dec. 27 xl554 Dec.
7
Dec. 11 9954 Dec. 29
Dec. 26
1454 Dec.
1
Dec. 30 10054 Dec. 14

10

Dec. 12

12

554 Dec. 19
5
8754 Dec.

90

Sale

14

Sale

94

1054 Sale
654 Sale

1154 Sale
754 Sale

88

90

90

Sale

8*

8
13

4

46

Apr.

'tit Dec.

48

124

105

Dec.
Dec.

1154 Dec.

954 Sept. 6
2954 Jan. 16
Sept. 20
Aug.
7
Sept. 11
Sept. 5

3 131
14754 May 11 157
8
67
Apr.

86

954 Apr.

Dec.
Dec.

454

JW

7354

35

4

3

Mar. 13
4
1154 Jan.

454 Apr.

1 16554 Dec. 16
16354 Dec.
1
454 Dec. 20
454 Dec.
1
7
Dec.
954 Dec. 26
654 Dec. 27
5
754 Dec.

131

Jan.
J an.

49

5

Sale

Sale

Sale

Dec.

llK

Dec.

1..

3/8
354
4454
5 10954
8
554
1
1254

Dec.

8

Dec.

13

1
Dec.
Dec. 26
Deq. 18
1
Dec.

Sale

Sale

Sale

xl78
57

11

Aug. 24

.

954 Sept. 11
57
Sept. 6
154 Jan. 20
554 Jan.
9
3554 Sept. 5
854 Jan.
5
254 Jan.
3

7
16

Sale

J"
sT'

30

6 150

Sale

13454

6554
132

12
20

Dec.

Sale

Sale

8

Dec.
Dec.

Dec. 26' 89
Dec.
1254 Dec. 28 i/1454 Dec.

Sale

254

Dec.

6

85

Sale

Sale

1

1654 Apr.

Dec.

Sale

1454 Sale
254 Sale
2554 Sale
180
18454
6054 Sale
157
15954

vt

44

Sale

6

27

3854 Sept. 5
454 Sept. 1
454 Apr. 10
16g Apr. 10

1 117

Dec.
10954 106
aY/s x454 Dec.
Sale
1154 Dec.
Sale
154 Dec. 13
Sale
3454 Dec. 28

Sale

X

10

27

6

Dec.

Sale

106

1

7

9

Dec. 29

75* Dec. 30
Dec.

30

31

29 11054 Aug. 12

Dec.

108

554
354
254
3954

Sept.
Sept.
Apr.
Dec.
Sept.
2154 Sept.
454 July
54 Aug.

454
40
54
254

13

29

_

6054 Oct.
102

Dec.
Dec.

150

15054
8754
1354

Sale

122

4% preferred
100
16,100
25,000 Kaufmann Department Stores 1
5% conv preferred—.—100
1,800
...5
37,500 Kayser (J) & Co
670 Keith-Albee Orpheum pref. 100
Kelsey Hayes WheelConvertible class A—
1
82,600
Conv class B
1
102,400
2,100 Kendall Co $6 part pref ser A.*
see page

654
Sale

Sale

Sale

1354
2554
4454
654

2354 Dec. 30
39
6

15054
8554
1354
551
351

1

Sale

Sale

Sale

Dec.

Sale

117

1

Jones & Laugh Steel pref__100
Kalamazoo Stove & Fur'n Co 10
740 Kansas City Lt 1st pref ser B-*
*
62,700 Kansas City Southern—

For footnotes

12

Sale

2054 Sale

—

$6 preferred
Jarvis (W B) Co.—*
Jewel Tea Inc
Johns-Manville-

Sale

65

11054
554
4854
54

Dec.

1

Ctfs Inc

Intercontinental Rubber
Interlake Iron
Prior

354
Sale
Sale
Sale

51
"
Sale

108

.

810

1,300
1,600

Illinois Central..

Jlnterboro Rap Trans--.--100
Certificates of deposit
900
—*
113,300 Interchemical Corp-.
8,840
6% preferred
100

72,800
26,300
231,600
2,260
49,200
37,100

"2,700

51

Sale

554

6
Dec.
70
Dec. 23
8 11054 Dec.
8
Dec.
1
Dec.
65* Dec. 21
Dec. 28 5354 Dec. 15
5
1
Dec.
Dec. 27
5
3
Dec.
354 Dec. 27
2354 Dec. 13 2554 Dec. 30
7
554 Dec. 27
654 JJtJU.
>4 Dec
4
54 Dec. 22
54 Dec.

68
69
6554
6854
1105* 11154 11054 114
6
Sale
554 Sale

Sale

100

698,400
40,600
8,640
14,190
17,600
209,400
42,700
1,360
150,100
521,200
55,700
74,100
.201,600

10

4,400
4,500

Sale

Sale

13,600
2,800
16,300
160

Sale
Sale

6,200
5% preferred
100
365,300 Hud Bay Min & Sm Co Ltd 100
*
211,900 Hudson Motor Car
487,100 Hupp Motor Car Corp.—---1

300

20,700
1,300
1,320
1,880

7054
104
8

1»i Dec.

554
954
254 Dec. 18
354
8
17 54 Apr.
4654
8 10954
90
Apr.
1
254 Apr.
754 Aug. 24
8
154 Apr.
16
8
Apr.
145
Sept. 6 167
4554 Sept. 1 7154
142
Sept. 15 16654
354 Apr. 10
854
254 Aug. 23
1754
554 Apr. 11
10

#

4VA

35
123

Dec. 12
5554
Sept. 21 138
654 Aug. 24
1454
2554 Aug. 24 5754
354 Jan. 23
654
9
3954 Jan.
6054
29
Jan. 12 38

3154 May 19
19
Apr. 10
84

Jan.

76

Sept. 14

754 Nov. 30
18

68

59
122

35
13

11754
554
11

854
90

1254
85

Apr.
Jan.
Apr.
Apr.
Apr.
Sept.
Apr.
Apr.

ig

11

24

Dec.

15

Sept.

11

Sept.12
Oct.

16

Oct.

18

June

5

Sept. 15
Aug. 10
Jan.

5

Sept. 11
Sept. 5
Jan.

3

May

2

Jan.

3

Dec. 21

May 29
June

3

Oct.

Dec.

23
4
19

Feb.

28

Jan.

3

87

June

9

5
1054 J an.
3254 Sept.12

83

Mar.

Oct.

9

21

Dec. 29
J ah.

3

June

9

Sept. 27
7

1954 Jan.
12154 Jan.

20

Jan.

4

il*
24

Sept. 27
1654 NOV. 17
9954 Jan. 17
11
18
July 28
25 10054 Dec. 14
24
19

754 Apr. 10
Aug. 24

5
79

Oct.

1S8

Sept. 16
18
Apr. 14 8954
1 105
Sept.
Aug. 24 133

Apr.

1
15

954 Jan.

4
Apr.
11954 Sept. 25 125

13

5

Dec.

Sept. 25
4054 Sept. 11

33
4 107

354 Sept. 5
4
Sept. 5
754 Aug. 24

16

June 21

1454 Mar. 8
1054 Mar. 8
Sept. 21

99

N. Y. STOCK EXCHANGE—STOCKS

36
aggregate
-s

II

sales

Price

Dec. 1

1939

*

2,047,500 Kennecott Copper
"#
107,200 Keystone Steel & Wire Co.
30,600 Kimberly-Clark37,700 Kinney (GR)
12,270
$5 prior preferred
.10
281,800 Kresge (S 3) Co
11,100 Kresge Department Stores- .-1
Kress (S H) & Co
38,700
515,225 Kroger Grocery & Baking.
_ -

...

<

Ask

Par Bid
-

100
— llOO
*
*

Laclede Gas Light
-

5% preferred

Lambert Co (The)
Lane Bryant
Lee Rubber & Tire

-5

Sale

43 H
12
26

Sale

27 54

1H
Ay
14*4 Sale
Sale

T4

J*

Preferred

21

Lily Tulip Cup Corp- - *
Lima Locomotive Works--—*

*

—

Co
Liquid Carbonic Corp..
Lockheed Aircraft Corp

Sale

Sale

Sale
Sale

9*4

15*4 Sale
5
5*4
30*4 Sale

sat*

*

$0.50 preferred--Loft Inc.—

1
*

—

Lone Star Cement Corp

Long Bell Lumber A
Loose-Wiles Biscuit—

-*
-25

17,400 MacAndrews & Forbes Co-'-10
520
6% preferred
303,900 Mack Truck Inc
283,000 Macy (R H) Co Inc__
*
38,800 Madison Square Garden--—-*
58,800 Magma Copper
10
Manti Sugar Co..
216,200
--*
9,500 Mandel Bros
16,290 tManhat'n Ry Co 7% guar. 100
90
7% gtd certifs of deposit
Modified 5% guaranteed 100
357,200
Certificates of deposit
—
26,600
—25
20,000 Manhattan Shirt-1
53,000 Maracaibo Oil Explor
---5
416,000 Marine Midland Corp
17,470 Market Street Ryprior pref 100
518,600 Marshall Field & Co——-—*
—1
1,778,400 Martin (Glenn L) Co
—*
120,500 Martin Parry Corp
97,100 Masonite Corp-...---—-—*

100
10
*

Sale

Sale
Sale
Sale

Sale

Sale

Sale

Sale
Sale
Sale

Sale

175
18
16*4
Sale
39
Sale
45

Sale
19

Sale
Sale

*
-*

McOall Corp
McCrory Stores—
--1
6% conv preferred
100
McGraw Electric Co———1
McGraw Hill

Rubl Co.———*

Mclntyre Porcupine Mines---5
McKeesport Tin Plate- — - -10
McLellan Stores Co
--1

6% conv preferred100
Mead Corp—
*
$6 preferred series A
*
$5.50 pref ser B with warr—*
*
51,100 Melville Shoe Corp—
New..
1
4,900
98,600 Mengel Co
-1
28,850
5% conv 1st preferred
50
11,120 Merch & Min Transp Co—*
5
73,800 Mesta Machine Co

332,700
196,500
139,900
7,110
93,800

Sale
05
109
8 X Sale

54

Sale

5

99

13

Sale

Sale
Sale

59

31*4 Sale

31
Sale

123

Sale
41*2 Sale
19 *4 Sale
37*2 Sale
1*4
1*4
28 *4

Sale

Sale

11"
Sale

7*4
Sale

Sale

28*4
Sale

Sale

12*4 Sale
1*4 Sale
5*2 Sale
7
Sale
12 X Sale
36'
Sale
5% Sale

14*4
rt

1*4

Sale
5

106*4 Sale

98

Dec.

107
176

99*4 Dec.

Sale
Sale
Sale

17

3*4 Sale
17
109

Sale
110

29

Sale

11*4
33*4
3*4
5*4

12
34*4
Sale
7
28*4

27
27

5*2 Sale

Sale

*

141,600 Motor Products......
6
107.400 Motor Wheel
---1
91,400 Mueller Brass Co
112.400 Mulllns Mfg Corp class B——1
——

$7 conv preferred————
12,290
—
19,400 Munsingwear
*
23,400 Murphy Co (G O)
2.220
5% preferred..
100
10
267,800 Murray Corp of America
—...*
9,000 Myers (F E) & Bros

3*4

Sale

98
15

.13*4
Sale

92

108*4
Sale

Sale
9*4
10*4
53*4 Sale
18
Sale

20 *4

8*4
Sale

100
Sale

15*4 Sale
06*4 113
24*4 Sale
7*4
8

Sale

46
11

Sale
95

Sale
100

97

11*4 Sale

Sale

9

82

Sale

27

18*4

Sale

36
Sale

Sale
Sale

Sale

9

100

11*4 Sale

6

Dec. 27
Dec. 15
4
Dec.
1
Dec.
8

Dec.
Dec.
Dec:
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

27
11

2

105

28

Dec.

4

158

Dec.

4

.

13

18
19
26
1

1
1

6
50*4 Dec.
3*4 Dec. 19
9
24*4 Dec.

96

Dec.

5

11*4 Sept.

4

Dec.
Dec.
Dec.
Dec.

18

1

8
16
11

27

25*4 Sept.

5

9

6

5

14

15*4 Dec. 15
7
1
2

31*4
160*4
53*4
4*4
26*4
98
15

12*4 Dec. 19
15*4 Dec. 27
16*4
108*4 Dec. 18 108*4
23
Dec.
1
25*4
8
7*4 Dec. 29
45
Dec. 14
46*4
10*4 Dec. 27
12*4
8*4 Dep. 27
9*4
5 100
97*4 Dec.
1
9*4 Dec.
11*4

4
Dec.
7
Dec.
Dec. 30
Dec. 21

27

Dec.
Dec.
Dec.
Dec.
Dec.

30

Dec.

5

Dec.

29

12
21
1

Dec.

Dec. 19

.

854
6*4
88
6

56

64

Dec.

70

Dec.

16

Sale

4*4 Sale
34*4
37
9*4 Sale
1 *| Sale
4*4 Sale
*4
*4
1*4 Sale
17*4
18
104*4 105
116*4 Sale
119*4 121*4
54*4 Sale
44
45*4
31

4*4 Sale
40

42

Sale
1*4 Sale

9*4

Sale

4

*4

A

Sale

17*4 Sale
09*4 Sale

9
1

16
8

27
1

11

Dec.
Dec.

5
1

Dec. 27
5

118

20

Sale

120

55*4 Sale
43*4 44*4
28

Sale
Sale

16

Sale

Sale

15*4
25*4
4*4
35*4
10*4
69*4

Sale
Sale
Sale
Sale
Sale
Sale

°5^f

Sale

50

52

1

44

Dec. 22

25*4
11*4
15*4
23*4

Dec. 27
Dec. 27
Dec. 13
1
Dec.

4

Dec. 27
27
26

46

28*4
3
14

15

11*4

Dec.

6

1
33*4 Dec.
11*4 Dec. 14
16*4 Dec. 22

52*4 Dec.

Dec.

12*4 Dec.
16*1 Dec.
Dec.
Dec.
Dec.
Dec.

25*4
4*4
35*4
11*4

\lH
32*4
54*4
109*4
21*4
62
6*4
.22*4

Mar. 13

Sept.

5

Jan.
Dec

9'

Jan.

4

5

July 17
July 22
Jan.

5

Sept. 11
Mar.

9

June

I,

67

5

1

23

a*
16

8

2*4
5*4
8*4
17*4
45*4
8*4

10
24
12

5

2
Nov. 17

Oct.

30
29

8

10
24

Aug.

33*4 Oct. 23
0
43*4 Feb.
3
19*4 Jan.
40
Sept. 5
m Sept. 6

1

Nov. 14
6
Apr.

Sept. 27

4
Nov. 22
Nov.
Nov.
Nov.
Oct.

22
22
24

23
Sept. 6
Sept. 13

Mar.

9

Nov.

8

Nov.

4

Dec. 30
3

57*4 Jan.

37*4 Sept. 13
11
27
10
10
24

9
20
18
14

Jan.
5
69*4 Jan. 15
Apr. 11
18*4 Sept, 12
Aug. 25 10*4 Oct. 26
Jan. 13 101*4 Nov.
8
Sept.
Aug. 23
liH Nov. 26
6 73
2
July
Nov. 10
July 21 63
Nov. 20
Apr. 11 72
Dec. 30
Dec. 26
Jan.
7
3
July
9
Aug. 24 28*4 Jan.
Sept. 2 21*4 Sept. 27
8 39*4 Jan.
4
Apr.
10
16*4 Sept. 5
10
18
Sept. 5

8

40

Dec.

19

11 120*4 Nov. 4
44*4 Sept. 11 85*4 Jan.
4
2 103*4 Sept. 25 114
July 25
6

Dec.

33

5

Nov. 18
Mar. 13
Mar. 13
Sept. 5

18

Dec. 14
Dec. 29
Dec. 29
1
Dec.
7
Dec.
5
Dec.
1
Dec.
8
Dec,
Dec. 30

55*4 Dec.
44*4 Dec.

25

19

4*4
40*4
9*4
1*4
4*4
*4
1*4
18*4
109*4

5 118
Dec.
Dec. 21 121*4 Dec.

52*4 Dec.

6

21*4 Dec. 12

5*4 Dec.

107

3*4 Dec. 28
*4 Dec. 20
*4 Dec. 20
17

30*4 Dec. 30

1
40
Dec.
27 117*4 Dec.

20

Dec. 27
Dec.
7

.16

Sale

4*4 Sale
36*4
10*4 Sale
66*1 68
109*4 110*4
5*4 Sale
50*4 51

37

12

103*4 Dec.
116*4 Dec.

11*4 Sale

33

4

_

26

Jan.

5*4 Sept. 1
39
Sept. 19

46*4

30*4 Sale
28*4 Dec.
5*4 Sale
4*4 Dec.
21
21*4
19*4 Dec.
13*4
16*4
12*4 Dec.
28
Dec.
29*4 Sale
10*4 Sale
9*4 Dec.
15*4 Sale
13-*| Dec.
36*4 Sale
31*4 Dec.
.16*4 119
114*4 Dec.
49 *4 Sale
48*4 Dec.
.07
108
107
Dec.

11
Mar. 8
Mar. 18

Nov. 17 176'
July
8 53*4 Oct.
1
6*4 Mar.
9 36*4 Mar.
June
93
Jan.
3 105
15*4 Aug.
10*4 Apr. 11
9*4 Jan. 26 17*4 Nov.
88
Jan. 13 108*4 Dec.
15*4 Apr. 28 25*4 Dec

7
9

2
11
4

20*4 Aug. 11

1

21

18

Oct.

40*4 Apr.
3*4 Sept.
24*4 Dec.

13

Dec.

47

35
2 135

155

5
Dec.
Dec. 18
Dec. 14

Dec.
Dec.
Dec.

Apr.
Apr.
Apr.

12*4 Oct.
10
Apr.
1
Apr.
4*4 Apr.
3*4 Aug.
9*4 Apr.
26*4 Aug.
2
May
30
Sept.

6

Sale

Feb.

25*4 Apr.

Dec.

27*4
13*4
32*4
56*4

6

Aug. 24

1

5*1

12

8

8

4*4 Dec.

July

6*4 Sept. 27
3*4 Sept. 11
8*4 Sept. 11

Apr. 25

6

15*4
40*4
8*4
38*4

20

36*4 Apr.

Dec.

1*4 Dec.

13*4 Jan. 20
23*4 Jan. 20
Mar.
9

24*4: Feb. 25
138
Sept. 16 159*4 June 23
4
20*4 Mar, 13
15*4 Jan.

Dec.

Dec.

v

11
19
1
10
21
28

8

Dec.

4*4 Sale
20*4 Sale
14*4 Sale

Jan.

Dec.

14*4 Dec.

29

AmXvr.

31
13

15

11
24

29
Mar. 31

35

28

29*4 Oct.

11
11

30

10
11
10
9 43*4 Aug. 14
26 108*4 Aug.
3
26 109% Aug.
3
15 180
May 26
10
19
Nov. 13
24
40*4 Sept. 27

5.
2
Aug, .11
16*4 Sept. 12

8

13

1

3
10
1
10
10

38*4 Sept.

Dec. 20

24

52*4

5

7

62

Sale
Sale

Sale

22

70

Sale

109

*

9
26

Dec. 20
Dec.
1

12

Sale

8
8

61

110

Sale

27

14

13*4
16*4
32*4
37*4
105*4
19*4
47*4
3*4

70

107

.

14
1
27
19
27

Dec.

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
17*1 Dec.
109*4 Dec.
24 *TDec.

41

61*4

111

56
14*4
14*4
2*4 Sale
9*4 Sale
*4 Sale
2
Sale
17
Sale
111
Sale
115
115*4

Dec.. 19

18*4 Dec. 20
8
31*4 Dec.

70

119
Sale

53

1

57

112
50

6*4 Sale

Dec.

1

Jan.

2*4 Sept.
*4 May
1*4 Apr.
20
Sept.
9*4 Apr.
23
Apr.
36*4 Apr.
4*4 Apr.
33
Sept.
95
Sept.
95*4 Sept.
152
Sept.
16
Apr.
20*4 Aug.
31*4 Apr.
10'
Aug.
13*4 June
29*4 Dec
30*4 Sept.
101*4 Sept;

60

Sale

109

8

8

46*4 Sept.
16*1 Sept.
38
Dec.
4
Sept.
30*4 Oct.
26*4 Aug.
5*4 Jan.
28*4 July

27
18*4
1
3*4 Apr.
5*4
25
Jan. 26
37*4
17
8 25
Apr.
112
Dec. 29 118

75

66*4
Sale

51
50*4

.

Dec. 30
Dec.
8

14

Sale

70

67

42

6]
28*

13*4
13*4
1*4
4*4
3*4
13*4
37*4
5*4
36*4

Sale

97

9*4 Sale
14*4 Sale
31*4 Sale

——-

53

26*4 Sale

Sale

20
27
30
20

Dec. 20
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

13

4 106*4 Dec. 30
Dec. 29
1 107
1 175*4 Dec.
2

1
Dec.
Dec. 11
13*4 Dec. 20

Sale
Sale
Sale
Sale
Sale

25

10*2 Sale

52*4 Dec. 30
7*4 Dec. 16

Dec. 20

6*4 Dec.

14*4 Sale
1*4 Sale
5
Sale

Sale

89

12
4

23*4 Dec.

28

itH sit*

32

93
12 H

28

28

29

30*4 Sale
61*4

51*4

27*4
11*4
32*4
3*4

■

Sale
168

163
164
49 *4 Sale

Dec.
Dec.
Dec.
Dec.

8

Apr.
12*4 Sept.

28
Sale
30*4 Dec. 11 34*4 Dec. 30
1 134*4 Dec. 12 124
Dec.
33
134*4 134
27
Dec. 28 29*4 Dec.
7
18
27*4 Sale

Sale

Sale

103*4
17*4
44*4
2*4
16*4
108*4

Dec.

5

7

34*4

Sale

57*2

Sale

32

Dec.

4

27
27
1
12

30
24*4" Sale ~22*4~DecrT2
150
155 *4 Sale
Dec. 19 158
1
Dec.
20
20*4
19*4 Dec.
1
20*4 Dec. 28
57
Sale
7
55*4 Dec. 21 59*4 Dec.

3*4
14*4
40*4
8*4
36*4

Sale

7

Dec. 27

Sale

6*1
41

8

Dec.

40

28*4

Dec.

34*4 Dec. 29
22*4 Dec. 19
2

Dec.
Dec.
Dec.
Dec.
Dec.

28
52

21
29

Dec. 29 116
Dec.
Dec. 26
4
Dec.
Dec. 26
1*4 Dec.

3*4
21*4
11*4
27*4
47*4
5*4

Sale
Sale

110
"Bale-

5

8*4 Apr.
Apr.
1*4 Apr.
12*4 Apr.
20
Apr.
3*4 Dec. 29
23*4 Sept. 13
20*4 Apr. 11
20

6
16
30
26

7
9*4 Dec.
7
16*4 Dec.
11
16*4 Dec.

8

1

3*4
Sale

107

17*4

Sale
Sale
Sale

13 X

3*4
22*4

18 J

Sale

Dec.
Dec.
Dec.
Dec.
28*4 Dec.
28*4 Dec.

2
1

5

Sale

1

46

32

7 % preferred series A----100
266,800
36,100 {Missouri Pacific
—-100
Convertible preferred—-100
86,500
—20
81,800 Mohawk Carpet Mills
142,300 Monsanto Chemical Wks——10
$4.50 preferred—
5,070
---*
Preferred series B—
*
5,410
*
1,791,100 Montgomery Ward & Co
*
8,200 Morrell (J) & Co
—-50
15,410 Morris & Essex

Dec.

30*4 Dec.
21*4 Dec.

Sale

Sale

21*4"Salel"
148 *4
16 *4
58

22

Sale

Sale

209,900 Minn Moline Power Implem—1
$6."60 preferred
13,300
-—*
*
58,300 Mission Corp----




39|H

7
7

Dec. 30

2*4
29*4
25*4
4*4

8*4
7*4 Dec. 20
Sale
14*4 Dec, 29
Sale £15*4 Dec. 15

106*4 106 J

Sale
106

19

6

7*4
14*4
15*4

Sale

Sale

mm^OT footnotes see page 40.

Dec. 27
Dec. 29
Dec.
8
Dec. 29
Dec.
6
Dec.
1

35

Sale

Mo-Kan-Texas

2*4
25*4
23*4
3*4
26*4
27*4

2*4
25*4
24*4 Sale
3*4
4*4
28*4 Sale
28*4 Sale

38*4
12*4
15*4
31*4

Sale

60*4 Sale
4*4 Sale

8% 1st preferred100
Min-Honeywell Regulator Co_*
4% conv preferred ser B..100
3.750

110,000,

38

27

-5

Copper

Dec.

39
13

Mid-Continent Petroleum—10
Midland Steel Products
*

Miami

39*4 Dec.
13*4 Dec.

33

178*4 173
19
18*4
Sale
26M
Sale
38*4
Sale
11*4
15
Sale
Sale
29*4

15*4

Highest
Sale Prices

Sale

29*4

Sale

Lowest
Sale Prices
28
Apr.
8

Sale

114*4 112
116*4 111
Sale
3
3*4 Sale

Sale
32
Sale

29

$3

preferred with warr—
$61st preferred

,

118
Sale
Sale
Sale
Sale

Sale

Highest
Sale Prices

Sale
26

W*

38

35*4 Sale

Mathieson Alkali Works—

Lowest
Sale Prices
37
Dec. 12
13 *£ Dec. 11

Ask
Sale

Sale

—

7 % preferredMay Department Stores
Maytag Co (The)

30

Sale

18 H

*

5

4

Lion Oil Refining

Loew's Inc

Dec.

Ask Bid
Sale
37*4

37*4
13*4 Sale
32*4 34
2*4
2*4
26*4 Sale
24*4 Sale

100 170

-—

Link Belt Co

Bid

27
Sale

2m

24
Lehigh Portland Cement—-25
4% conv preferred
100 112
5.
Lehigh Valley50
Lehigh Valley Coal--—
2%
6 % conv preferred- -—- -50
Lehman Corp. (The) _ _ 1
Lehn & Pink Product J Corp--5
Lerner Stores Corp
* 31
Libbey-Qwens-Ford Glass
* 53 *4
m
Libby McNeill & Libby
*
Life Savers Corp
-5 36
Liggett & Myers Tob com— -25 101*4
Series B
--25 103 *4

5% preferred*. .
100
249,400 Lorillard (P) common——-10
Preferred-_ -----—-----100
.9,330
56,200 Louisville Gas & Elec A-----*
83,100 Louisville & Nashville--—-100

179,200
1,200
103,800
50,600
15,000
2,320
69,200
354,600
,4,900
136,600
22,200
175,800
217,700
119,500
2,220
116,400
1,160
2,900

1939"

1939

Shares

11,500
7,130
97,700
9,500
220,600
71,700
2,030
203,600
297,600
103,300
254,100
50,900
29,9
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
10,200
4,240,600
190,000
124,600
45.400
2,750

YEAR

Jan. 3

N. Y. STOCK EXCHANGE

12 Months

RANGE FOR

prices in december

STOCKS

29
6
14
23
7
13
2
30
4

13
13

2*4 Sept. 1
Sept. 1
8*4 Aug. 21
Aug. 24
2*4 Aug. 24
July
8

36

54

10*

!»
2?*

Dec. 20

84k
110
112

40*4
31*4
22*4

9*4
10

16*4

3*4
30
9
50

67 ~ Dec.
6
70*4 Dec. 27
4 110*4 Dec.
4 105
110*4 Dec.
6
6
Dec.
4
5*4 Dec. 22
50
Dec. 20
52
5
Dec.
43*4

Apr. 11
Apr. 10
Sept. 7
Sept. 7
Apr. 11
Aug. 25
Sept. 1
Apr. 10
Apr. 10
Apr. 11
Aug. 24
Apr.
8
Sept. 1
Apr.
8
Sept. 25
Aug. 24
Sept. 2

Jan.
3
Mar. 10
Jan.
5
Jan.
Jan.

4
5

Sept. 27
Sept. 27
Oct.

25

114*4 Sept. 11
121
May 5
122*4 May 24

8*
30

Oct.

26

Sept. 11
Mar. 13
Jan.
5
Oct. 26
Jan.
3
Jan.

3

44*4 Mar. 13
14*4 Sept. 22
70*4
ov. 21
111*4

Sec. 27

Jan.

5

Dec.

5

Jan., 1940]

N. Y. STOCK

EXCHANGE-STOCKS

37

AOOREOATE

SALES

Shares

800
900

32,600
5,700
51,700
140

4,230
8,500
1,600

24,300
1,400
33,900
700

35,100
1,100
320

6,600
25,700
14,800
33,300
12,200
5,900
530

7,900
4,600
1,200

"2",700
360

17,700
3,300
182,400
7,300
16,500
—6,200
700
100
50

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
459,300
84,600
3,826,100
188,100
411,300
—165,000
46,120
26,770
1,630
50

70

31,200
20,200
5,900
6,400
360

2,700
6,500
150

79,700
3,400
3,500
117,500
310

68,600
1,100
600

6,000
50

,

1,820
223,900
136,300
29,000
252,800
5,290
2,700
52,800
4,830
1,835,200
55,000
64,600
2,553,900
1,680
1,047,700
21,300
3,410
225,800
2,330

90

706,700
168,500
253,100
3,750
30,300
288,600
2,490
527,200
11,800
13,800
1,010

20

90

98,400
9,800
9,600
520

2,100
31,400
220

14,300
800

2,100

16,592
17.000
580
440

890

2,600
19,300
5,000
6,800
80

180
300

18,600
7,400
113,100
63,100
700

10,600
2,100
190

87,700
1,000
11,300
1,200
13,400
10,100
6,800
3,000
21,700
25,500
2,800

22,400
600

3,900
1,500
3,900

1,000
3,900
400

4,100
3,880
5.370
900

16,400
2,500
43,800
4,100
400

13,100

Nash-Kelvinator Corp
5
Nashville Chatt & St Louis_100
National Acme

1

National Aviation Corp
National Biscuit

5
10

100

7% preferred

Bid

Ask
Sale
Sale

22

Sale

14%
11%
22%

Sale

25% Sale
169

170

15%
92
25

Sale

National Cylinder Gas Co
National Dairy Prod Corp

13 %

Sale

1
*
100
.100
*
10

7% preferred class a

7% preferred class b
National Dept Stores

6% preferred
National Distillers Products..*
Nat Enamel & Stamping
*
National Gypsum Co
1
$4.50 conv preferred
*
National Lead
10

16%

7%
4%
27 %

15

Sale

Sale

13%
22%

Sale
Sale

Sale

Sale

15%
15%
116

Sale
Sale
5%

109%
6
5
24

12

11%
92

26

IP

8

80

Sale

70

Sale

15%

Sale

9

Sale

Sale

Neisner Bros Inc

13

24

24

25

24%

80

84

78

41

Sale

Sale

36%

42

12%
38%

42%

42

Sale
Sale

110% Sale

*

Sale

12
46
18

Sale

48%
Sale

n y Chicago & St Louis...100
6% preferred series a
100

Sale

19

Sale

Sale

37

Sale

n y

Sale

34%

City Omnibus Corp.
100

3%

100

5% preferred

Sale

50

New York & Harlem

115
123

50

10% preferred
n y Lack & West Ry

Co.. 100
jn y n h & Hartford
100
Convertible preferred
100
*n y Ontario & Western. .100
n y Shipbuilding pt stock
1
7% preferred
100
Noblitt-Sparks Indus Inc
5
100
100

Norfolk & Western
Preferred

10

North American Co

6% series—.—50
5%% series
50

North American Aviation
Northern Central
Northern Pacific

1
50
100

North States Pow Co $5

pref.l
Telegraph
50

Northwestern

Norwalk Tire & Rubber..*...*

Ohio Oil Co

Sale

Oliver Farm

6

Oppenheim Collins & Co

*
*

Otis Elevator

conv

56%

57%

"i§% Sale"
82

Sale

14 % Sale
102% 102%

27

28

17%
105

Sale
35%
Sale
Sale

Sale
106

142
Sale

52%
22%
45%

100
5

Sale

10

Sale

*
*
Pacific Finance Corp (Calif) .10

Sale

Pacific Gas & Electric
Pacific Lighting Corp

Sale

1st preferred

preferred

it*

25

Sale

*

Pacific Mills

Pacific

*

Telep & Teleg

Sale

..100
100

6% preferred

"55""
Sale
Sale

%

z204%Sale
110% 115
22

Sale

57

Sale

57%
23%

Sale

121%

"SB

89
Sale

37%
32%
3%
6%

Sale
Sale
47%
Sale
"
25%

Sale
Sale

Sale
50

Sale
Sale
Sale

32%
4%

Sale
Sale

14%

Sale

6%
17%
138

Sale

Sale
Sale
142

11%

Sale

39

44
Sale

24

50

64%
5

6%
22%

SB

m
15%

127

52

Sale

Sale
Sale
Sale

12%
Sale
Sale

4% conv

1

105

1

Sale

100

Sale

10

1st preferred
2d preferred

Sale

Park &

Tilford
Park Utah Cons Mines

1

28

1

Sale

8

Sale
43

99%
7% Sale
88%
94
9% Sale
18
16%
2

6

Dec.

12

6

Dec. 27

Dec.

27

Dec. 27
Dec. 30
Dec.
Dec.
Dec.

27
Dec.
1
Dec. 26
Dec. 27

13

32

215

217

3
3
3

42%
3%
10%
24%

Dec.

28

41

Dec.

6

Apr.

Dec.

4
6

Dec.

27

2%
8%
18%
73%

11
15
11
14
8
19
11
28
1
10
Apr .-- 8
Apr.
8
May 20
July

4
9

Dec.

Dec.

6

23

Dec.

16

40%
108%
11%
47%
17%
18%
36%

Dec.
Dec.
Dec.
Dec.
Dec;
Dec.
Dec.
31% Dec.

41

30

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

27
22

27

$7

conv

*

pref series a
Corp v t c.

preferred

Sale

*

$7

conv

*

Peoria
Pere

&

100

Eastern

Marquette

Prior preferred

..100
100

Preferred..

100

Pet Milk
Petroleum

*

Corp

5
*
Phelps Dodge
25
Philadelphia Co pref 6%
50
$6 preferred
*
Philadelphia & Reading c & i_*

for footnotes Me page 40*




24% Sale
25%
29

3%
28

Sale
Sale

42
Sale
55

Sale

23%
Sale

Sale
Sale
Sale

3

16%

34

40%

4%
Sale

3%
4
10%
12
30% Sale
26% Sale
22%
22%
7% Sale
6% Sale
38% Sale

37% Sale
30%
34
17

17%
Sale
Sale

...

Sale
Sale

75

%

%

Dec. 27

4*

Dec.

1

51% Dec. 22
120

Dec.

1 120

60% Dec. 30
4% Dec. 28
6

21%
11%
11%
32%
47%
14

II*
It*

Dec.

19

8
18
19

7

Dec.

15

82

Dec.

Dec.

7
8

Sale

Dec.

7

Dec.

7

Dec.

Sale
Sale

83

19%
Sale

Dec. 21

8% Dec. 21
15

Dec.

6

2

Dec.

1

43% Dec. 20
9
16% Dec.
1% Dec. 21

60

56

Sale

91

Sale

Dec. 21
Dec.
Dec.

15
18

2% Dec. 30
3
22

6

6
6

15
7

Dec.

2

Dec.

29

Dec. 28
Dec.

1

1
7

Dec. 27
Dec. 27

Sale

13% Dec.

13

Sale

21% Dec.

1

33% Dec. 11

1

5

11
1

7% -Dec. 19
Dec.

Jan.

7

Dec.

Dec.

5

Dec.

2

Dec. 30
6
2% Dec.
Dec.
4

Dec. 20
Dec.
1
Dec.
6
15
Wi Dec. 29
59% Dec.
94% Dec. 13
4
3% Dec.
2
3% Dec.
25
Dec. 15

iiB

Dec.

23

23% Dec. 14

3

2% Apr.
11% June
3% June
9% Apr.
27% Apr.
41

Apr.
9% Apr.
Apr.
128
Sept.
17
Apr.
6% Dec.
114

Dec.

Apr.
9% Sept.
5

June

% Apr.
35

Sept.
92
Sept.
6% Sept.
72
Sept.
7% Sept.
14% Sept.

1% Apr.
Apr.
Apr.
Aug.
Apr.
Dec.
48
Apr.
74
Apr.
% Apr.
2% Aug.
17% Aug.
11% Sept.
120% June
15
Aug.

Sale

Sale

44

Sale

Sale
Sale

21
30

20

1
3

Sept. 13

7% Nov. 13
Nov. 13

25

15% Sept. 27
m Mar. 14
Mar. 10
34
Oct. 10
52
21% Sept. 15
June

132

156%
33%
7%
11%
4%
19%
8%

9

July

29

Nov. 14

Dec.

19

Jan.

5

Jan.

3
29

Dec.

Sept. 12
Sept. 11
4
Feb. 14
104
4
14% Jan.
Jan.
4
107
13
Jan.
5
Jan.
26
5
2

60% Jan.

4% Sept.

6

Sept. 25

17

44

Dec.

Sept. 11

Dec.

12

Dec. 28
Jan.

21

23

8% Dec.
5
6% Dec.
2
41% Dec. 19
45% Dec.
7
84% Dec.
1
% Dec.
6

Dec. 29

47

May
7% Apr.
21
Apr.
13% Sept.

19
2

4
3

11%
1%
5%
25%

Dec. 11
Dec. 13
Dec.
6
Dec.
6

6% Dec.
38
Dec.
41% Dec.
82
Dec.
% Dec.

J an.

July

36

3%
13%
33%
28%

21%

Jan.

Aug.

Dec. 13
Dec. 27

Sale

5

May 25

7% Apr.
July
16% Apr.
40% Jan.
114% Jan.
50
Apr.

30% Apr.

Sale

2

Sept.

33

24

1

Aug.

26
Sept. 11
Sept. 13

6

Dec. 28
21% Dec. 29
7% Dec. 11

8

14
Nov.
3

Oct.

7

23

4

Dec.

Oct.

128

Dec.

29% Dec.

Jan.

6

40% Dec.

Sale

Nov. 10

3

3

Dec. 30

Sale

4

Jan.

36°

Sale

1
1

Nov.

Mar.

1

Dec. 15
Dec. 20
Dec.
1

27

12
Sept.
100% Sent.
4% Aug.
15% Sept.

Sale

3
10

Feb.

Aug.
14% Sept.

3

35

June 14

Aug.
Aug.

June 30

7

17

Sept. 13
Dec.
7
Dec. 11
Nov. 20

6

6

90*
1?*

Sept. 26
Sept. 27
Sept. 12

Sept. 13
29
Sept. 1
2% Apr. 10
32% Apr.
1

1
3% Dec.
19% Dec. 29
7% Dec. 16

■

Sale

7
11

Dec.

1
14% Dec.
7
Dec. 26
7%
Sale
% Dec. 27
1
Sale
5
44
z40% Dec.
100
6 100
99% Dec.
Sale
7% Dec. 21

Mar.

100

23% Dec.
13% Dec.

8

25

Dec.

14

Dec.

31%

21

Dec. 29

Dec.

8%
70

7
8

Dec.

Dec.

6% Dec.

%

]

Mar.

Jan.

%
1%

Mar.

16
8
28
27
23
30
8
21

4

6
12% Dec.
33% Dec. 30
48% Dec. 29

7

Sept.
Feb.
Sept.
Sept.

14
21
27
27
27
25
11
11

Nov. 16

Dec.

Dec. 27
Dec. 28
Dec. 30
1
Dec.
1
Dec.

3

Sept.
Sept.
Sept.
Sept.

103% Sept. 8
18% Apr. 11
52% Sept. 7
50
Sept. 6
12
Apr. 11

16% Dec.
12 128
Dec.
147% Dec. 23 149% Dec.
4
28% Dec.
29
Dec.

125

Aug. 21
July 27
June 22

May
July
Dec.
Dec.
May
June
Apr.
Dec.

168

4
65% Dec.
5% Dec. 18

7

7

4

12% Dec. 27

24

8

June

29

103

39% Dec. 27

Feb.

Dec. 29

1

20

Oct.

Sept.
Apr.
Mar.
Apr.
Sept.
Apr.
Apr.
Sept.
Apr.

Dec.

8

JB

1%
4%

Apr.

Dec.

Dec.

Sale

84%
%

%

7

Dec.

6% Dec. 27

Sale

36

33

39

Dec.

14% Dec.
Dec. 26 106% Dec.
Sale
5% Dec. 20
6% Dec.
Sale
16% Dec. 27 18% Dec.
Dec.
4 143
147% 138
Dec.
Sale
1
Dec.
10% Dec.

25

14% Sale
L20%
22% Sale

Sale

39

......

Pfeiffer Brewing Co.

3%
24

14

7

Sale

Penn Glass Sand

5
1% Dec.
% Dec. 27

11

Sale

Penn-Dixie Cement

30

13

Dec.

10

3

12

Dec.

32

105%
8%

11%
Dec. 14
,10%
Dec...; 14 —18 %

Dec.

z5% Dec. 21

55%
93%

Dec.

94%
33%
Dec.
5 214%
Dec. 19 ill %
Dec. 12 23
Dec. 13 59
Dec. 13 57%
4
Dec.
26%
6
Dec.
88
Dec. 27
9%

Sale

2

27

9

Sale

Sale

18
14

1

21

Sale
Sale
Sale
56%
Sale

10

Dec.
Dec.

28

Sale

Penney (j c) Co

14

19%
22%
-.40%
35%
4%

Sale

Penn Coal & Coke

4

Dec.

51

Sale

9%

Dec.

13

Sale

Sale

Dec.

112

41% Dec. 11

105

6

Sept. 27
Aug. 15
Sept. 11

Jan.

Dec. 29 113
33% Dec. 21 38
4% Dec. 26

Sale

4

Feb.

Jan.

111

6%
20%
13%
103%
5%
17%
139%
11%
39%
26%
51%

3

Aug.

Jan.

18

200

Jan.

8

Dec.

111% 110
22% Sale
21%
56%
57%
56%
56%
23%
87%
8%

Mar. 10

7

9

111

Jan.

Apr.

1

Sale

10
4

Jan.

10

% Dec.

93% Sale

5

33% July

3% Dec. 27

52%
%
1%
%
12%
89%
31%

Jan.

7

Sale

Sale

14

8% Dec. 27
6
72% Dec.
7
9% Dec.

ft*

Dec.

Sale

Sale

Dec.

28

26

18

Sept. 26
7
3
13 18% Aug.
5
18 117% Jan.
Mar. 27
1 114
Oct. 26
11
Feb. 17
13
Jan.
4
1

1
5
8
17 %
30
152
25
132
Oct. 11
14% Apr. 11
6% Apr.
8
52
July
1
5% Aug. 24
83

30

17% Nov. 28
95% May
1
23% Sept. 13

13% Dec. 12

18

*

Dec.

26
19
25

42

44%

*

Dec.

Dec.

4%
4%
20%
10%
8%

Apr.
Sept.
Apr.
Dec.
July '
Jan.
Sept.
Sept.
Apr.
Jan.
Sept.
Sept.
Sept.
Sept.
June
Sept.

20

Sale

Penick & Ford

4

1!*

Nov.
4
Sept.
1
28% Mar. 11
Sept. 13
Jan. 17
Oct.
5 175

28

Sale

Patino Mines & Ent Cons

Dec.

26% Nov. 17
Sept. 27

Dec.

Co
2.50
Parmelee Transportation Co.*
Pathe Film Corp
*

1%
10%

24%
12%
12%
94%
21%

15

Sale Prices
9% Jan. 20

Dec.

Parke Davis & Co
Parker Rust Proof

107

Dec.

Dec.
6 170
Dec.
8 144% Dec.

Dec.

25

27

110

47

Sale

95

100

preferred

Paramount Pictures

50
1,817,000 Pennsylvania rr Co
*
13,100 People's Drug Stores Inc
People's Gas Light & Coke. 100
88,300
9,000
25,600
28,210
39,475
7,800
102,500
45,700
853,300
31,100
4,500
290,500

7
42

26

6% Dec.

106
119

Sale

aW

Dec.

12

6

132

Sale
Sale
Sale

Sale

Dec.
Dec.

Dec.

Dec.

Sale

7%
3%
14%

Sale

4

Dec. 30
Dec.
1

55

52% Sale
% Sale
1% Sale
% Sale

128

Sale

*

Dec.

13%
12
16%
7 116
1 112

27

149

1

16% Dec. 23

28

Dec.

20

Sale

Sale

Ref

18

Dec.

Dec.

5%

New

Panhandle Prod &
Paraffine Cos Inc

17%
14%
z8%
12%

20

Dec.

Sale

10

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

87

5

11

7

"l*

1,404,400
Pan American Airways Corp..5
260,700

Sale

6
4

Dec.
Dec.

Dec.

7%
21%
147%
10%

110

Sale

Pan Amer Pet & Trans

Dec.

6

26

Dec.

Sale

29

Packard Motor Car

15

5% Sept. 1
Aug. 23
7% Aug. 24

Dec.

120
Sale

Sale

Pacific Western Oil

Dec.

Highest

14

7
7%
110% 108

Sale

22

105

7
14

Dec.

42% Sale
6%

Dec.

7

Dec.

4

Sale

4%

Dec.

Dec.

Dec.
2 172
Dec.
20
17% Dec.
16
93
Dec.

Dec.

160

el
i!h
II*

6%
24%
16%
13%
22%

83

Sale

Sale

acifi
Pacific Tin Consol Corp

Sale

in h

120

Sale

2d

%
1%

33

8% Sale
26% Sale

*

Pacific Coast

50

Sale

Sale

5

Preferred

12;.
49 sh
18%
19%

Sale

2

21% Dec. 27
162

138

Sale
Sale
Sale

1

110

Sale

110
Sale

1st preferred...*

Outboard Marine & Mfg
Outlet Co

110

13*

108
23

*

Otis Steel

40%
110

7%
8%
109
107% 109

89%

193

100

6% preferred

3%
9%

Sale

31

9%

100

35%
Sale

89%

4%
32%

*

Equipment
(The)

4

Sale*

*

(The)

Omnibus Corp
Preferred a

$5.50

57*
Sale

50

Preferred

9

73 %

75
Sale

New York Air Brake..—--

New York Dock

71%

11

Sale

Sale

—

170

12%
40%
38%
3%
9%

4%% conv serial pref—100
Newberry co (j.j)
*
5% preferred series a
100
Newport Industries Inc
—1
New York Central

20%

12

14% Dec.
11% Dec.

_____

Sale

100

6% Dec.

21% Dec. 27

!i*

Sale

*
—*
1

Natomas Co

Lowest
Sale Prices

15% Sale
14%
90%
92%
19%
20
15% Sale
14%
Sale
12% Sale
12%
Sale
16% Sale
15%
Sale
115% 116% 114
Sale
112%
109%
Sale
6% Sale
5%
6
6%
6%
5%
Sale
24% Sale
22%
14%
12%
13%
10%
Sale
11% Sale
10%
97
91% Sale
91%
Sale
19% Sale
19%
21
Sale

Sale
18
20%
16 % Sale

100

Highest
Sale Prices

Sale

20

163

25

175

Lowest
Sale Prices

17

a92

24

143% 143
26%
26%
Sale
8%

Co of pa—10
40

National Tea Co—

Preferred

165

*

5%% prior preferred
6% prior preferred

Preferred

6% Sale
23%

21

160

Light

Ask

25

100

13

115 %
110

30

Sale

138

National Steel

$2 preferred

15%

Sale

27 % Sale
165
168
137 % Sale

Nat Mall & Steel Cast Co

National Supply

22%

163

Dec.

Ask Bid

100

100

7% preferred a...
6% preferred b
National Power &

6%

8%
14 %
14

5% pref series a w w
100
National Bond & Share Corp.*
National Cash Register
*
—

Bid

24 %

Nat Bond & Investment Co__*

229,392
151,700 Pacific Amer Fisheries Inc

540

143",600

Dec. 1

Owens-Illinois Glass Co..12.50

18,880
11,370
21,480
18,800
347,600
106,100
98,600
5,460
2,640
28,800
18,600
52,800

YEAR 1939

1939

Par

831,400
15,810
214,900
228,900
659,700
12,600
30,900
4,000
16,400
296,500

RANGE FOR

Jan. 3

N. Y. STOCK EXCHANGE

Shares

76,500
1,240
10,700
9,600
65,700
1,900
2,700

PRICES IN DECEMBER

Price

STOCKS

In
12 Months
December
x9m

Feb.

2

Jan.

6% Sept.
5% Apr.
28% Apr.
36
Apr.
75

ilH

Feb. 25

July 27
1
11% Mar.
59% Dec. 29
94% Aug.
2
4* Sept. 12
Sept. 15
5,
33
,Mar. 8
_

17
124

Dec.

23

Mar. 15

27% Sept. 27
39% July 18
45

Oct.

23

Sept. 27

Sept.
Sept.
Sept.
Sept.
Sept.

27
26
26

12
5

Mar. 14

Jan.

Sept. 12
Aug.
1
Aug.
3

% July

Sept. 11

N. Y. STOCK

38
AGGREGATE
SALES

200
200
40

43,700

5,800
2,600
410

7,300
2,400
3,300
500
10

12,400
I,600
130
770
210

2,660
10

3,900
7,300
1,000
7,300
3,700
1,700
53,700
8,000
1,200
21,200
620
•

26,200
2,100
2,000
500

1,220
300
'

"49,600
50,700
1,300
2,800
19,000
700

138,300
300

6,600
28,200
5,500
15,400
6,300
11,500
1,400
800

1,800
130
40

1,300
500

31,500
3,600
20

36,700
140,400
4,400
5,300
5,900
400
130
310

13,300
800

5,100
58,800

Par

Preferred
100
1,270
75*
36,400 Pierce Oil 8% conv pref
100
245*
-25
26,500 Pillsbury Flour Mills
40
2,120 Pirelli Oo of Italy Am shares
5
-100
63,900 Pittsburgh Coal (of Pa)
20
6 % preferred
21,700
100
7**
56,400 Pitts Coke & Iron Corp
60
$5 conv preferred
2,430
*
Pitts Ft Wayne & Chicago—
166
1,440
7% guaranteed pref
100
85*
*
329,400 Pittsburgh Screw & Bolt
*
51,600 Pittsburgh Steel Oo
li*
37
4,820
7% preferred class B
100
5% preferred class A
100 24
7,870
34
5 ** % 1st ser conv pr pf. -100
3,730
155*
100
60,330 Pittsb & West Virginia
30 Pitts Y & Ash Ry Co 7% pf-100
111,700 Pittston Co (The)
♦
105,200 Plymouth Oil
—5
16,800 Pond Creek Pocahontas Co._*
*
199,900 Poor & Co class B
24,000 {Porto Rican Amer Tob cl A_ *
Class B
*
18,100
1
710,300 Pressed Steel Car common
5% conv 1st preferred-5
34,700
5% conv 2d preferred
18,800
50
251,100 Procter & Gamble.Preferred 5%
100
16,530
397,000 Pub Serv Corp of N J com.—*
$5 preferred
—*
35,300
19,900
6% preferred
100
100
12,000
7% preferred
8% preferred--.100
9,780
Public Service Elec & Gas—
$5 preferred--*
5,900
""669,400 Pullman Ob:
—_•*
806,000 Pure Oil.
6% preferred
9,600
5 % conv preferred
52,900
-100
*
422,810 Purity Bakeries
Quaker State Oil Rfg Corp--10
9,300
*
2,026,300 Radio Corp of America
$5 preferred B
400
♦
S3.50 conv 1st pref
*
90,200
286,300 {Radio-Keith-Orpheum Corp.*
*
37,700 Ray best os-Manhattan
1
109,d00 Rayonier Inc
$2 preferred--25
35,600
50
116,400 Reading Co
1st preferred
50
19,500
2d preferred
50
18,900
5
16,400 Real Silk Hosiery
Preferred
100
810
9,180 Reis (Robt) & Co 1st pref. _100
*
11,700 Reliable Stores Corp
5,700 Reliance Mfg Co
10
338,100 Remington-Rand.
Preferred w w
25
13,600
1,740 Rensselaer & Sara RR Co-.100
-

-

-

-

—

-

-

.

—

-

-

....

594,800 tReo Motor Car
3,282,600 Republic Steel Corp
6% conv preferred
21,900
6 % conv prior pf ser A
41,000
170,400 Revere Copper & Brass, a
Class A
5,570
7% preferred
3,880
5 *4 % preferred
2,860
118,700 Reynolds Metals Co
5**% conv preferred
6,200
107,500 Reynolds Spring Co
434,300 Reynolds (R J) Tob cl B

.

100

320

3,080

2,100
II,000
600

470

230

5**

5

Sale

22

Sale

8**
69**

Sale

Sale

8*4
67
169

48**

41
Sale

36**
Sale

Sale

105*

95*
Sale

2**
5*

m
26

13**

205*
12

13**

11** Sale
** Sale
Sale

llH

37

63** Sale
Sale




15**

Sale

Sale

37

Y) ~~~y*
20 *1 Sale
125*
12 **

14^
145*
425*
66

118**

385* Sale
111**
110** 111
123
123** 125

135
152

140

159

142
Sale

120

116

1175*

141

16Q**

118
S ale '

Jky*
79

Sale

Sale

85

775*
145*

Sale "

89
Sale

Sale

29

25** Dec. 13
38** Dec. 18
2** Dec. 15

.

13
11

Dec.

12

35* Dec. 11
20 J* Dec. 20

173

7**
10**
35**
17**
28**

13*1
20

116

'SOM'Dec
75* Dec
77** Dec
Dec

100

100**

Sale

Sale

Dec
Dec
Dec
Dec
Dec
Dec
Dec
Dec

Sale

16

Sale

Sale
Sale

26

Sale

Sale

26

16

Sale

Sale

14** Dec

Sale

25

Sale

20** Dec
25* Dec
40
Dec

Sale

Sale

^

z60**
15*
19**

Sale
Sale

Sale

51**
10**
10**
12
Sale

78

69**

IS3
4*5*
*9*4
11**
105*
56

73

Sale

Sale

Sale

Sale

Sale

26**
23**
45*
50

14**
9**
12

3**
42

165*
Sale

Ay

Sale

Sale

57

Sale

79

69

13

Dec

Dec
Dec

68

Sale
Sale

22

89
76

Sale

Sale

185

Sale

Sale

71

30
83 h
53
Sale

27
81

90
Sale

80

31

Sale
Sale

Sale

85* Sale
9**
75*
11** Sale

Sale

20

11

1**
Sale
a

Sale

Sale
9
Sale

82**
Sale
Sale
Sale
Sale
Sale
Sale
Sale

48**
113**

2**
Sale

A^

Sale

40*1
5l
J*
ioi**

75
Sale
50
Sale

74

5*1
46**
114

100
.—5

Sale

*

Sale

10

Sale
Sale
Sale

Simms Petroleum

Simonds Saw & Steel Oo

——25
-100

96 **
Sale

Sloss-Sheffield Steel & Iron. 100

103

*
10
*
Snider Packing
*
Socony Vacuum Oil Co Inc.-15
—

Sale

Smith (A O) Corp
Smith & Corona Typewr

South Amer Gold & Plat

Sale

Sale
Sale
Sale

1
_

1**
Sale
a

S*

Sale

25*
6**

183

Sale

55
Sale

75*
125*
Sale
a

W

Sale
Sale

Sale

25*

Sale
Sale

Sale

115
21
Sale

72

Sale

Sale

A#
Sale
Sale

15*
Sale

Ay*

Sale

Sale
114

Sale

Ay
Sale

Sale

Sale

Sale

Sale

50**

55

Sale

Sale

525*
Sale

365*

P

107
6**

19

Sale
Sale
Sale

Sale

Sale

7

Sale

98

109
112
17

52**

Sale

23** Sale
2 J*
2**
21** 225*

1135*
113

175*

5

16
30

6
5

6
23

4

8

7
12

Dec.' 1
8** Dec. 30
5
115* Dec.
1
37** Dec.

158

1

142

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

28
1
14
24
5
1
24
1

IV

22
29
27
5

1
1

Sale

Sale

2**
Sale
Sale

14

11

11
14
14

Dec. 21
Dec. 26
1
Dec.
45* Dec. 27
1
45** Dec.
Dec.

12

** Dec.

6
6

1

Dec.

175*
15*
79**
145*

Dec. 27
Dec. 20
1
Dec.
1
Dec.

13
51

Dec. 27
Dec. 27

45* Dec. 27
49

Dec.

18

6** Dec. 27
35
12

Dec. 27
6
Dec.

104** Dec.
6

21**
2**
21**
18**

6

Dec. 27
Dec. 27

Dec. 11
4
Dec.
Dec. 13

Dec. 19
99** 96
112** 1095* Dec. 11
Sale
Ill
Dec» 26
Sale
155* Dec. 28
9
Dec. 19
105*

95*
20*1

Sale

19

Sale

Sale

SB

11** Dec. 12

Sale

Sale
Sale

7
Dec.
145* Dec. 21

25** ISale
138

Sale

Dec.

18

2

24** Dec.
138

Dec.

**
17**
6**
7**

a

21

14
26

20
30
2
22

12
18
27
29

June 28

4

6

iV

8
2

44
15

Dec.
Dec.

-

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec..
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Dec.
Dec.
Dec.
Dec.

18
26
16
24
1
10
22
4
29
28
8
5
6

22

Apr.

8

11
11
11

May
2
Sept. 16
Sept. 1
Apr.
8
Apr. 11
June 27

Aug. 12
May
3
May
6
Apr. 11
Jan.

4

Jan.

3

1

** Aug. 14
8
Apr.

15** Aug. 24
June 27

60 J* Apr.

10

115* Apr. 11
10** Apr. 11

June

6

6** Dec. 27
28

2

14
27

6

6

Dec.

Sept.
Sept.
17
Sept,
16** Sept.
2** Jan.

Jan.

95*
98**
45*
17**
2**
16**
15**

Aug.
Aug.
Apr.
Apr.
Dec.
Apr.
Aug.
Apr.
Apr.

92

70
101

Jan.

115* Apr.
9

12**
10*4
1*4
13
14
127

Dec.

12

11
11
22
22
6

17
27
22
27
Dec. 30

5* Jan.
16** Sept.
1654 Sept.
49
Sept.

415* Aug.
1145* Aug.
128** Aug.
143
Aug.

27

3

7
2
1
June 29

166

415*
115*
90**
81**
18**

Sept. 27
Sept. 5
Mar. 29
Jan.
3
July 17

16

Nov.

3

8**
85**
675*
25*
233*

Jan.
June
Jan.
Jan.

4
1
5
5

19

Dec. 30

Sept.22

285* Dec. 13
225* Sept. 27
285* Oct. 14
27
Sept. 27
5** Sept. 27
54
Mar. 20
16** Oct. 27
10
Nov. 22
14** Sept. 27
17** Jan.
5
75** Mar. 15
75

Nov. 14

25*
28**
955*
8954
20*4
40**

Nov.

84

Sept.16
Sept. 6

H*

5
24
24
11
10
11
11

Dec.

15

Oct.

25

Jan.
Jan.

5
5

4
Dec. 29
5

Jan.

115* Jan.

Jan.
Jan.

45

58

4

7

7
10** Jan.
95* Oct. 23
17*1 Sept. 6

Jan.
Nov.

4
4

Sept. 5
Sept. 13
2
Jan.
3
6
Sept. 14
6** Sept. 11
5154 Nov. 20
109
Aug.
3
Oct. 21
113
7

22
9

3
20

25
31
29

Sept.13

1

3**
245*
3**
855*

1SH

Sept.27
Sept. 12
Jan.
Nov.

Jan.

2154 Jan.
72
,

6
8
10
5

Sept. 14

Sept.11
Oct. 30
1154 Feb. 24
38*1 Aug. 29
17*4 Sept. 9
107 V Nov. 20
85 Sept. 11

sln

32
3
28
29

10
8
98
11 127
18 112
11
21

19

4

Sept.12

11 116** June
Apr. 11 23
Sept.
Aug. 24 .175* Mar.
Sept. 9 76J* Aug.
Jan.
Apr. 10
Apr. 10
10** Jan.
Sept. 15 52** July
Sept. 8 117*4 May

43

19

Oct.

Oct.

Sept. 15
Sept. 27

Jan.

Dec. 27
8
35* May

29
21
14
9
14
13
1

5
Sept. 12
Sept. 12

24

87

51

Dec. 26

Aug.

115*
16**
48**
25**
40**
205*

56

Apr. 11

Dec, 28
Dec.
1

7

175

21
11

Apr. 10
Sept. 21
July 25

Dec.
Dec. 30
1
Dec.
Dec. 30
Dec. 27
Dec." 6
Dec. 19
Dec.
4
Dec.
6
Dec.
1
Dec.
7

11

12

June 30
Jan.
4

Dec.

7

10

Apr.
Apr.
July
Aug.
July

273

1
4
2
14
30
13

8

Mar.

Dec.

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

5

July

Dec.
Dec.

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

24
12

Dec. 22

7
14
15
7
7
8
15
11
7
29
1
4
1
6
11
19

Dec.

Sept. 11
Sept.23
Sept. 12
32** Sept. 27
14** Sept. 11
95
Sept. 11
51

2- 4

7
Apr.
1
6** Apr.
8
9
Apr.
4
95* Dec. 20
50
Dec. 28
60
Apr. 11

Dec.
Dec.

68

Sept. 22
Sept. 27
Mar. 15
Oct. 31

66
Mar. 15 1195* Feb.

31** Apr. . 8
101** Sept. 28
112
Sept. 7
129
Apr. 25
147
Sept. 21

40

95* Dec.
Dec.

12
11
59

46**
35*
45**
95*
31**

25 149

10
505* Apr. 14
112

illl'M-Jhec....12.
£22** Aug.
<J45* Dec.
18
85* Dec.
6** Aug.
5 86** Dec.
70
Sept.
27 79
Dec.
635* Aug.
27
15
Dec.
105* Jan.
30
15
Dec.
11
Aug.
21
6
Dec.
5
Aug.
11
85** June
85** Dec.
6 605* Dec.
53** Apr.
22
1 ** Dec.
15* Dec.
18 21
Dec.
16 ** Apr.
1
19
Dec.
65* June
1
12** June
285* Dec.
26
175* Dec.
10** Apr.
30 26
Dec.
205* Sept.
27 24** Dec.
16
July
22
3** Dec.
25* Dec.

455* Dec. 12
100** Dec. 21

112

Sept\ 20

Aug. 23
10
22
Apr.
4
12** Aug. 24

rApr.

Sept.

8
Dec.
Dec. 30

Dec.
Dec.
Dec.

Apr. 27

6

39** Dec. 13
** Dec. 13
** Dec. 22
5

Mar. 31

50

155* Dec. 11
12 149
Dec. 12
27
1
Dec.
1
15 205* Dec. 20
13
14** Dec. 18
4
Dec.
7
8
Dec. 21

17** Dec. 27

2

iV

6

19

4

65* Dec. 27
365* Dec. 20
52
Dec. 23
7** Dec. 27
6** Dec. 22
11*1 Dec. 1
Dec,

Aug. 22
Apr. 18
35** Mar. 27
Apr.
8
Apr.
6

18

Dec. 27
Dec. 21

1

3

7

8
Dec.
Dec. 13

Dec.

Jan.

36

23

20
Dec 28
Dec. 19

Dec.

31** Apr. 10
2
Aug. 11

28

Dec.

18

10
Sale

137

7
14

Dec.

11

51** Dec. 28
85* Dec. 21

Sale

Sale

79** Sale
145* Sale

5

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
24
Dec.
95* Dec.
Dec.
72

27**
415*
25*
43**
85*
27**
48**
55*

19

1 173

27
29

Dec

15* Dec.

Sale

Sale

15**

.5

100 1323

Sale

Sale
Sale

Sale

lis

Sale

Sale

Sale

112
in
114
114**
21
19
13 J* Sale

Sale

Sale

GreyhoundJL.

82**

1

13** Dec. 27

145* Sale

39
56

Sale

preferred

Dec

75*
115*
95*
50

15* Sale
22** Sale

Sale

*
*
*
♦
_*
*

Dec

85
14

Sale

$5 conv preferred
Sharp & Dohme
Conv preferred series A
Shattuck (Frank G)
Sheaffer (W A) Pen Co
Shell Union Oil

Dec

Sale

Sale

—*
*

Dec.

149

Sale

Sale

75

Sale

;

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Sale

Sale

*

Dec. 22

8

69** Dec.

145*
5**
85**
59**
1**
185*
155*

100

1

75* Dec.
25** Dec.
46

Sale

8

*

Dec.

42

16
Sale

13
Sale

91** Dec.
7 135** Dec.
4** Dec.

15*

325* Sale"

Sale

4

Dec.

4

Highest

Sale Prices
74
Sept. 2 103** Mar. 3
Mar.
1
124
Sept. 21 154
Jan.
7
4
25* July
6
25
July 27
Apr. 20 35
Sale Prices

12V

Sale
Sale

87** Dec.
135** Dec.

5* Dec.
Dec.
Sale
12** Dec.
Sale
"105* Dec.
Sale
5* Dec.
1
Dec.
** Dec.
5*
1
Sale
Dec.
11** Dec.
Sale
12** Dec. .4 145* Dec.
5 43** Dec.
43** 37** Dec.
4
Sale
Dec.
66
63** Dec.
Sale
116** Dec. 21 1185* Dec.
4
Sale
385* Dec,
405* Dec.
4 112
Dec.
Dec.
112** 111
2 125** Dec.
125** 123** Dec.
141
Dec. 11 142** Dec.
143
6 162** Dec.
162
1585* Dec.

Sale

100
1
.10

Sharon Steel Corp

40.

72
171

8**

Sale

54
Sale

Servel Inc

8% preferred

70

118

51 J*

*

South Porto Rico Sugar

Sale

23** Sale
8
85*

Sale

•

Seagrave Corp (The)
Sears, Roebuck & Co

For footnotes see page

12**

72**

Seaboard Oil Co of Del

Southeastern

Sale

80
Sale

St

preferred

49**

146

Sale"

Sale

{Roan Antelope Cop Mines

$6

Sale

30
Sale

*

Ruberoid Co capital stock.

Skelly Oil Co
6 % preferred

25*
44
Sale

Sale

Sale

1155*

Sale

18

Sale

Sale

30

IV

_10

Silver Bang Coalition
Simmons Co

5

4**

29

Sale

145*

46

Sale
140

20
34
Sale

11**

Sale

35*
255*
41**
2**
43**
TVs,
265*

12
Sale

142

Sale*

136

Sale

173

Sale
Sale

9**

„

84

100

Common-

Conv

Sale

82**

{Rutland RR preferred--—100
Joseph Lead
10
{St Louis-San Francisco
100
6% preferred
100
{St Louis Southwestern
100
120
5% preferred
100

1,900
1,500
6,200
191,300
11,400
3,700
13,100

500

Sale

7%
26**
44

8

88
55

100

730

3
Sale

40

{Seaboard Air Line
4-2% preferred

14,300
2,100
8,600
14,400

Sale

42

10

.

368,400
54,100
134,800
11,600
759,500
340,500
79,400
4,800
221,700
13,900
147,700
4,650
245,800
25,100
114,900
294,100
21,300
20,700
122,200
7,100
7,330
5,640
42,600
20,800
127,500
1,688,200
343,600
15,300
226,600

500

395*
25*

100

*
100
100
100
*
5
100
1
100
*
*

66,100
27,400
4,900
1,100
12,700
1,600
20,000

...

28

Safeway Stores
5% preferred
6% preferred7% preferred
Savage Arms Corp
Schenley Distillers Corp
5** % preferred
{Schulte Retail Stores
8 % preferred 1
Scott Paper
$4.50 conv preferred

121,800
18,300
8,300

26

25

Sale

-5

645,900
10,840
13,000
6,700
47,200
279,200
29,000
310,800
63,700
46,800
2,390

110

45*
27**

Highest
Sale Prices

72
Sale

100
.

*

18,600
1,300
6,100
11,000
1,700
18,000
13,300
10,000

1,700
23,000
2,300
24,300
1,700
8,900

136

45*

Ask

Lowest

Lowest
Sale Prices

30

Sale

Richfield Oil Corp..
Ritter Dental Mfg

580
360

87**
127

Ask Bid
Sale
91

44 **

Sale

5

990

22,600
3,530

Sale

Bid

,

592,900
11,900
32,400
54,600
24,900
214,400
62,000
67,100
1,490

60

Ask

........

130

270

Dec,

Dec. 1
Bid

36

.

YEAR 1939 J

1939

94 ** Sale
10
240,900 Philip Morris & Oo
5% conv pref series A-—100 142** Sale
7,000
Sale
6
*
13,900 Phillips Jones Corp
50
30**
Preferred
-.100
380
435* Sale
*
556,900 Phillips Petroleum
3**
25*
-5
5,400 Phoenix Hosiery

14,500

900
100

N. Y. STOCK EXCHANGE

RANGE FOR

DECEMBER

Jan. 3

Shares

Shares

PRICES Ili

Price

STOCKS

In
12 Months
December
1939

EXCHANGE—STOCKS

Jan.

4

June 24

Oct.
Jan.

23

5

Nov. 20

Sept. 11
Dec.

14

Sept. 12

17*4 Mar. 11

.8 24
Apr.
Aug. 24 15**
Sept. 1
3*4
Sept. 5 185*
Apr. 11 355*
Apr. 17 143

Sept. 9
Sept. 13
Sept. 11
July 18
Sept. 8
Dec. 27

3!)

EXCHANGE—STOCKS

N. Y. STOCK

Jan., 1940]
AGGREGATE
SALES
In

December
Shares

14,500
90,900
60,000
43,600
800

10,500
200

1939

N. Y. STOCK

Par

238,900 Southern California Edison. .25
Southern Pacific Co
100

~2~666

14,300

47,100
12,500

1,187,200

-*

Southern

Railway
5% preferred—
Mobile &

100

Ohio certifs___100

Sparks Withington
Spear & Co
1
85.50 pref
*
*
Spencer Kellogg & Sons
Sperry Corp (The) v t c
1
Spicer Mfg Co
*
$3 conv preferred a
*
Spiegel Co Inc
—
-2
Convertible $4.50 preferred *
Square d Co class b
1
Standard Brands
*

27,700
2,320
17,700
200,300
1,100
14,700
16,800
2,400
11,600

182,000
8,280
962,500
25,590
99,200
1,220,100
27,900
$4.50 preferred
166,300 Standard Gas & Electric..,—
339,400
$4 preferred
35,300
$6 prior preferred
260,800
7 prior preferred

103,000
74,200
115,900
2,600
8,400
11,300
4,600
32,800
65,800
4,100
1,110
14,700
7,000
12,800
2,400
2,000
4,800
20,600
7,100

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
8,900
281,500
153,900

,7100
5,100
2,200
150

3,800
8,400
84,600
8,900
25,200
18,700
19,400
2,900
3,400
1,000
1,600
280

9,100
150

6,700
2,600
8,000
12,100
4,700
42,500
1,800
47,800
15,900
21,200
52,800
1,400
36,700
600

5,900
100

57,400
3,500
2,800
200

5,400

11,900
12,500
73,200
39,400
130

18,000
13,700
2,900
5,400
83,400
186,700
6,900
110

5,500
1,300
139,300
28,200
23.900
3,900
300

7,500
4,600

20,200
65,600
900

8,600
5,000

11,800
1,200
350

5,200
16,200
230

3,500
300

9,100
4,100
5,500
1,000
12,700
1,000
32,400
128,800
19,800
6,200
1,000

Dec. 1

nr.

100

6% preferred-

10

Co

Superheater Co (The)
Superior Oil
Superior Steel
Sutherland Paper Co

100
-..-a

10

(The)---60
,„_™«25l

Sweets Co of Amer

Swift International Ltd.—---Symington-Gould Corp with

5

Telautograph Corp.
Tennessee

Texas

—-5

Corp.
Corp (Tne)

Texas Gulf Producing
Texas

Co

Gulf Sulphur....

25

*

-*

Oil
10
Texas Pacific Land Trust—-Texas & Pacific
...100
Thatcher Manufacturing
*
$3.60 conv preferred
*
4,900
-*
12,700 The Fair Co
3,850
7% preferred
..100
-1
165,700 Thermoid Co
$3 dividend conv pref....10
10,530
100
60,600 Third Avenue
24,500 Thompson ( jsr)
25
*
175,700 Thompson Products
*
106,300 Thompson Starrest
Preferred
...i
*
27,600
404,200 TidetWater Associated Oil--10
Texas Pacific Coal &

_

22,300
336,100
176,500
342,300
370,000
36,700
311,500
6,300
83,400
12,100
456,300
48,000
25,400
6,030

_

_.*4.5c\ conv preferred— — *
TimkenXDetroit Axle Co
10
*

Timken Roller Bear
Transamerica Corp...
Transc & West Air Inc
Tran & Williams Steel

Tri-Continental

Corp

-.2
5
Forg—*
--*

*

6% preferred
Truax Traer Coal.
Steel Co

Truscon

20th Century

-*
10

Fox Film Corp.*

$1.50 preferred
Twin City Rapid
Preferred

14 34

Sale

37
Sale

7
60

8

7034
20 34

1834
4234

Sale

30

Sale

4534

Sale
Sale

*
Transit....*

223,900 Twin Coach Co...

100
1

83,400 ulen & Co
--*
83,200 Underwood Elliott Fisher—*
508,900'Union Bag & Paper
689,600"Union Carbide & Carbon
*
2,250'Union Elec Co of Mo $5 pref..*
174.600,Union Oil, California
25
177,000 Union Pacific
100
100
4% pr
preferred.
48,500

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale

27

Sale

Sale

16

21
47

153*

2934

3134
234

41

Sale
Sale

3334

334 Sale
7 h
sh

Lowest
Sale Prices

30
Ask

2734
1434
1834

1434
18 A
32 A
36 34

Sale

Sale

3434
3634

Sale

2

2

Sale

7.
65
21

Dec.

Dec. 30
Dec.
7

12

2934
1534
2034
3534

30

40

4

Dec. 27
Dec.

1

Dec.
Dec.

Dec. 23

94

234 Dec.
634 Dec.
1734 Dec.

10

1834 Dec. 19

22

2434 Dec. 20
2434 Dec. 13
4234 Dec. 14

2534 Dec.

Sale

5134 Dec.

60

Sale

31

3334

Sale

10 34 Dec. 27
57 A Dec. 27
2
30 a Dec.
5 A Dec. 12

Sale
Sale

17

Sale

Sale

10134 10334
234 Sale
634 Sale
1634
1634
Sale
20

Sale

2134

Sale

28 A
28 A

Sale

Sale

24 34

Sale

Sale

2534
2634

Sale

2634

Sale

53 A
33 A

Sale

4434

Sale

Sale

Sale

31

Sale

W*
33

71A Sale
12A Sale

76

Sale

80

Sale

834

Sale

Sale

Sale

5

Sale

834
434
1134
934
5734

i?k

Sale

1134

Sale

834
58

Sale

elh Sale
120 A 121j4
11 % Sale

120

934
2534
234
1534
2734
634

3834 Sale
3% Sale
2034 Sale
30

Sale

1034
1234
y*. Sale
27 a Sale
10

34

4

2

6a

39

58 A

1534 Dec.

.

634
434
3434

Sale
5

634 Dec. 27

Sale

.3434

Sale

334
3234

Sale

Sale

834
634

Sale

18
Sale

3034

32

3
4

Sale
Sale

234 Sale
1434 Sale
1034 Sale

5334

«iV*
28
234

Sale

3634
Sale

29
3

434 Sale
3034 Sale
234 Sale
1734 Sale
1034 Sale

92

Sale

90

Sale

2034
4734

Sale

2334

Sale

5034

Sale

Sale

634

1034
734
234
7034
534

Sale

3

a Sale
9734
Sale
12
1334
2634 Sale
87

434

834
13

4834
Sale
Sale
Sale

Sale

78 34
Sale

Sale

6

1234
734
234
7334
434
9

10

Sale
Sale
Sale

78
Sale

1034
Sale

Sale

12

3434

3534

24 34

Sale

2434

334

334

234

Sale

Sale

Sale

2434 Sale
1034 Sale

28

Sale

26

1034

Sale

1034 Sale

25

434 Sale
6534 Sale
1134 Sale

134
4534

Sale

3834

Sale

1034

Sale

13

Sale

90

86

8634 Sale
11634 11334 114

Sale

115

1834 Sale
Sale
Sale

23

134

y

o

Sale

Sale

1634 Sale

1634

Sale

Sale

9434

Sale

9834
8534
2234

8634
23

88

13

Dec. 21
Dec.

5

7
534 Dec.
1234 Dec. 14
934 Dec. 21

if7"

Dec.

5

Dec. 27
Dec.
9
Dec.

7

Dec.

13

Dec.

23

2934 Dec,'29
734 Dec, 27

2234 Dec. 29
3234 Dec. 18
934 Dec.

7

Dec.

28
1

434 Dec. 30

11

334

9

6

334 Dec.

Sale

50

2634 Dec.
4534 Dec.
Dec.
34
80

Dec.

Dec.
Dec.
Dec.
Dec.
Dec.

4
7
Dec.
13 £4534 Dec.
18
4
Dec.
28 34
Dec.

2

Dec.

7

14
2

Dec. 27
1534 Dec. 22
48
Dec. 15

334
3034
434
2834
234
4

29
2

1

7

634 Dec. 30
1334 Dec. 13
1
1934 Dec.
5134 Dec. 11
4

Dec.

9

35

Dec.
Dec.

6
8

Dec. 29

2934 Dec.

5

Dec. 28

334 Dec. 13
5
434 Dec.
3134 Dec. 13
7
234 Dec.
7
1834 Dec.
1034 Dec. 30

Dec.
Dec.

1
1

Dec. 29
1

Dec.

12

8834 Dec. 27
1
2034 Dec.
4
4734 Dec.
534 Dec. 19
1
1034 Dec.
7
Dec. 28
234 Dec. 26
7634 Dec. 27
434 Dec. 20

10

7

Dec, 27
Dec. 19
Dec. 26

1434 Dec.
10

9

Dec.

5

.

92

Dec.

25
51

Dec. 13
Dec. 15

634
1234
834
234

2
Dec.
Dec. 29
7
Dec.
7
Dec.

78

Dec. 13

534 Dec.

1

6

6

10

Dec.

1134 Dec. 19
2134 Dec. 13
234 Dec. 27

13

Dec.

25

Dec. 28

24

Dec. 27

1034 Dec. 18

34
3834
1034
8434
113

Dec. 16
Dec. 26
Dec.

1

1

234 Dec.
ZO Y4. Dec.
2634
1134 Dec.

7

134 Dec.

4

8

4534 Dec.

1334 Dec. 21
Dec. 12fl 8834 Dec. 28
4
Dec. 27 115
Dec.
_

1534 Dec. 19

1634 Dec.

5

Dec. 21

99

Dec.

5

87

Dec. 27
Dec.
5

*
5

Sale

43

Sale

2234
4634

Sale

43

Dec.

United Air Lines Transport..5

Sale

13

Sale

16

Sale

13

Dec.

4734 Dec. 28
1634 Dec. 29

United Biscuit of American—*
Preferred
100
490
*
62,200 United Carbon

Sale

16

Sale

Dec. 28

1634 Dec.

2

119
Sale

117

Dec.

1

72,900
1,497,400
1,107,000
52,400

Union Tank Car
United Aircraft Corp

15,900 United-Carr Fastener Corp—*
*
1,461,200 United Corp

390,000
323,900
33,100
3,210
172,900
33,000
286,300
897,800
11,500

Dyewood

Sale

5
10

Co

Sale

5

cV*

5

Sale

Sale

*

Sale

115

Preferred
*
253*300'United Merch & Mfrs Inc vtc.l
79 600 United Paper board Co
10
,

98,900
8,900
17,540
75,140
181,600
2,580
36,600
2,500
144,000
87,100
137,500
3,300
211,700
4,900
358,500
3,563,900
302,400
69,300
18,800

u s & Foreign Secur
u

Corp—*
$6 1st preferred
*
s Distributing Corp pref. 100

u s Freight
u s Gypsum Co

7% preferred

234
3834

*
20
100

u s Hoffman Mach—

5

5 34 % conv preferred
u s Industrial Alchol

50

5

Sale

—*

United Fruit.

18

Sale

100

Preferred-

United Electric Coal Cos
United Eng & Foundry
United Gas Impt

Sale

*

Preferred.

United Drug Inc
United

6134

1734

Sale

Sale

1034 Sale
85

634

il!*

89

634
Sale
Sale

173

734 Sale
35
3134

.

5

"55 A
5

32

83

1434
11634
1034

534

1534
1434
1534
Sale
116
11434 117
Sale
59
6034 Sale
18
1834
1734
1934
Sale
234
234 Sale
Sale
3934 Sale
3734
Sale
434
434 Sale
434
534
434 Sale
Sale
59
5434
5834
Sale
Sale
5
434
Sale
Sale
33
3234
Sale
8234
8534 Sale
Sale
1434 Sale
1434
Sale
115
11634 116
Sale
1034
1034 Sale
Sale
Sale
5
434

634 Sale
80

934
934
83

82
10
Sale
Sale

Sale

29

31
Sale

30

1134
6634
3634
3334

*

23

Sale

*

5

Sale

*

Sale

10

Sale

100
20
10
*

70
Sale

61

65

36

Sale

u s

Playing Card.
tu s Realty & Impt

u s Rubber

8% 1st preferred
u s Smelt Ref & Mining
Preferred

For footnotes see page 40.




10

100
50
,.50

61

6234

Sale

6634

175

2334
634

634

3234
534 Sale
5234 Sale
10134 Sale

8334

5

Class a

47 H

734
1034

Sale

u s Leather

Prior preferred
u s Pipe & Foundry

634 Sale
80
8134

16934

21

23

3334

134 Sale
3834 Sale
11034 Sale
62 34

Sale

6734

69

134
4034
11234
61

6834

834
Sale

Sale
181
Sale

31
Sale

634
Sale
Sale
Sale

34
Sale
Sale
Sale

Sale

70

Dec.

23

5 117

Dec. 22
7
6234 Dec.
9 £1834 Dec.
4
Dec.
2 34 Dec.
7
1
Dec.
Dec. 19 3934 Dec. 14
8
Dec.
534 Dec. 26
6
Dec. 27
534 Dec.
8
60
Dec. 21
Dec.
1
Dec. 22
534 Dec.
1
Dec.
3434 Dec. 16
6
Dec.
8534 Dec. 18
4
Dec.
1434 Dec. 21
Dec. 22 117
9
Dec.
Dec. 27

I*

Dec.

1

1134 Dec.
534 Dec.

14

7

Apr.

2034 Mar.
Aug.
734 Apr.
14 A Sept.
11234 Mar.
52
Apr.
1334 Apr.
2
Apr.
3034 Apr.
434 Aug.
434 Dec.
5434 Dec.
3 34 Apr.
2534 Apr.
6234 Apr.
11
Apr.
110
Sept.
634 Apr.
334 Aug.
31

81

Dec.

7

75

June

Dec. 22

9

Dec.

9

5

Mar.

734 Dec. 20

934 Dec. 21
1034
4
z7834 Dec.
8834
169
Dec.
7 173 34
4 34 Dec. 18
5
29
21

Dec.

Dec.
Dec.
Dec.
60
Dec.
3534 Dec.
6

10

11
1
2

1
5

18
3234 Dec. 21
134 Dec. 27

9
Dec.
Dec. 20
Dec. 28

1
Dec.
30
Dec. 26
2434 Dec. 26
7
Dec.
7

1134 Dec. 13
6634 Dec. 30.
6
3734 Dec.
34

Dec. 28

2
134 Dec.
1
3734 Dec.
4234 Dec. 15
£105. Dec.
7 11234 Dec. 30
58
Dec. 27 6734 Dec.
8
6834 Dec. 28 70
Dec. 22

13

2
i

11
22
1
24
28

-1
15

10
3
10

1134 Dec. 19
Sept. 9
Apr.
8
Apr. 11
Apr. 11

78

534 Mar.

534 Aug.
6534 Sept.
14934 Sept.
4
Apr.
23
Apr.
1334 Apr.
334 July
534 Aug.
46
Apr.
3234 Sept.
3134 Oct.
34 Dec.
3134 Apr.
8634 Apr.
48
July
60

Jan.

Dec.

5

1634 Mar.
7534 Mar.
3434 Dec.

9

3

8

7

26

13
13
14
14

Dec. 21

Jan.
5
Sept. 5
Jan.
5
Oct. 23
Jan.

1234
934
734
4334

Sept.
Sept.
Mar.
July

27
27
11
21

634
934
5034
534
3834
1134

Mar.
Sept.
Sept.
Jan.
Sept.
Sept.

11
12
12
3
13
11

9

Jan.

6

2234 Jan.

4
26

24
61

Oct.

Oct.

27

534 Oct.

26

Oct.

30

41
6

Nov.

1

33

Nov. 27

334
434
4%
3334
334
1834
1434

Oct.
3
Nov. 2
Nov.
Jan.
4
Dec.
7
Mar. 10

25

Feb.
Dec.

5434
83&
1234
1034
434

Jan.
3
Sept. 13
Dec. 29
Jan.
4
Sept. 5

88

Jan.

734
1434
2634
34 34
334
3534
1234

Sept. 11
Sept. 8
Jan.
4
Jan.
5
Aug.
1
Aug. 3
Jan.
4

96

434 Jan.
66

Jan.

9

13

9

4
3

13h Dec. 21
9434 Sept. 14
118
July 14

1934 Jan.

5

105

Sept. 27

90

July 27

2434 Sept. 21
51

Nov.

4

1634 Dec. 29
1834 July 18
11934 June 16

18*
38^

Oct. 25
Mar. 13
Feb.
6

Aug.
3
734 Mar. 10

7I*

Jan.

5

Feb.

11

834 Sept. 11
3534 Sept. 27
95
Sept. 11
15

Nov. 24

11734 June 23
14
Sept. 12
734 Sept. 25
11

Jan.

4

8734 Mar. 8
1734 Sept. 11
14
Sept. 27
113
180

734
3534
2934
1034
1534

Jan.

4

Mar.

6

July
July
Sept.
Sept.
Sept.

24
24
12
13
13

67

Oct.

49

Mar. 13

3734 July

4

7

Mar. 10

5234 Jan.

3
11434 Nov. 14

6834 Sept
£70

,

4

12834 June 17
1134 July
6
3834 Jan.
3
334 Sept. 5
2234 Jan.
4
3034 Mar. 14
10 34 -Jan.*—
2534 Sept. 5
3734 Sept. 5

Mar. 31

34 Dec.
3434 Sept.
6
Aug.
6534 Apr.
10834 Sept.
1534 Aug.
8134 Apr.

19

Sept. 11
Dec. 22

66

Dec. 27

Apr.
Apr.
Apr.

Dec.

1234
734
1734
10

m
83**

%

5

Sept.30

80

Sept. 2
234 Apr. 10
14
Apr.
8
134 Jan. 17
Sept. 16
17
Apr. 10
July
7
Apr. 10
Aug. 21
Sept. 1
1034 Apr. 10
3434 Apr. 11
Sept. 1
634 Apr. 10
Apr. 10

¥

Jan.

Nov. 22

3334 Sept.
30
Sept.
5334 Sept.
36
Sept.

Dec. 22
Dec.

Sept. 26

2534 Oct.

434 Aug. 24
334 Aug. 24
4 7A Aug. 23

llH
zY

4

Nov. 20

June 17
534 Jan. 20
1034 Jan. 20
2034 Oct. 26

2234 Aug.
Aug.
2034 Apr.
65
Apr.
634 Aug.
334 Apr.
834 Apr.
53a Apr.
4534 Sept.
11834 Sept.
734 Apr.
1934 Sept.
134 Aug.
10
Apr.
2234 Sept.
-5 34 Sept,
17
Apr.
2434 June

Aug.
4
Apr.
3234 Aug.
334 Aug.
26
Sept.
7
Aug.
534 Nov.
834 Sept.

4

Jan.

108

Dec.

Oct.

Dec. 30
Jan.

734 Jan.

38

35

2934
2134
2334
3634
4334
334
934
7034
2234
5134
3434
53

27
11

Oct.

634 Dec. 11
7934 Dec. 27
8

8

434 Apr.
Apr.
1334 Apr.

6

8434 Dec. 19
2234 Dec. 19

92

24
1
15

24 34 Sept.

34

Sale

3234

1

734 Dec.
6
534 Dec.
5
35
Dec. 18

16

Sale

Dec.

14

1234

Sale

29

1

2

Dec.

Sale

Sale

434 Sale

Sale

3434 Dec.

5

634
4134
334
3134
834
534

Sale

434
39

•

5

834 Dec.

Sale

35

1

2734 Dec. 13
634 Dec. 27
20 34 Dec. 15
1
30
Dec.

4434

4

40

12

17

Sale

1434
1234
1934 Sale
54 34
52

Dec.

1134 Dec.
6134 Dec.

5634 Dec. 19
5834
120
Dec.
1 122 34
934 Dec. 29
934
1
2934
2534 Dec.
2
Dec. 26

Sale

9

Sale

6

1

2934
834

Sale

1034 Sale
10

Sale

.

834

Sale

5434 Sale

Sale

4

Sale

3 A Sale
2834 Sale
3 A Sale
15 A Sale
1334 Sale
93 A
9434
1834 Sale

Sale

934
2734
234
1634
2834

33

Sale

1534

123

122

Dec.

834 Dec.

11

Sale

Sale

634

Sale
Sale
Sale
Sale
Sale

58

16

2834

Sale

4434

Sale

3734

Sale

31

5
7534 Dec.
834 Dec. 26
9
434 Dec.

Sale

434
634

4

434 Sale
6 a Sale

834
21A
1934

Sale

834 Sale
634
.634
5 34
534

.7% Sale
7 34
9
42A
4434

5a
32 a
9 A

Sale
Sale

34

7
7 '
-21- Sale- -22-r— Sale
Sale
32
3034 Sale

Sale

48

Sale

Mar. 22

Dec.

17

Dec.
7
46
34 34 Dec. 22
Dec.
5
53

Sale

18X

34

98

1

5234
1034

Sale

1534 Apr. 11

1
97 a Dec.
Dec. 20
2
534 Dec. 27
Dec. 27
15

4

Dec.

5934
6

2334 Jan. 24
1034 Apr.
8
1134 Apr. 11

Dec.

2234 Dec. 19

4234 Dec.

Sale

Sale

1

30

Sale
Sale

18

734 Dec. 27

2034 Dec. 29

61

534
9734
234
634

Dec.

234 Dec.

Sale

5134
1134

734 Sale
98 A Sale
334 Sale

6

Sale

Sale

4534
3334

Sale

3134

Dec.

69

Sale

5234

14

6

12

15 34

45

Dec.

134 Aug.
4A Apr.
60
Sept.
1434 Apr.
36
Apr.
11
Apr.
42
Apr.
834 Aug.
5734 Dec.
1834 Apr.
534 Dec.

7 a Dec.

734

70 A
29 a

Sale

Corp

Sun Oil

stock purchase warrants.__1
247,800
Without warrants
1
133,400
15,400 Talcott (James) Inc
-9
534 % preferred
60
1,840

37,500
175,700
1,047,200
235,400
317,700
189,300
168,700
22,300
21,000

38

Dec.

Ask Bid

23

Scone & Webster

Swift & Co

Ask 1 Bid.

24)4 Sale
2134 Sale
2234 Sale
333^ Sale

9A

California....*
Standard Oil Co. of Ind
25
Standard Oil of New Jersey .25
Starrett Co (The ls)
-*
Sterling Products Inc
10
Stewart Warner Corp
5
Stokely Bros & Co Inc
;—1

Sunshine Mining

Bid

17

Standard Oil of

Studebaker

YEAR11939

1939

/

1,662,200
1,316,400
810,700
2,500
198,300
11,900

RANGE FOR

Jan. 3

EXCHANGE

Shares

320

760

PRICES IN DECEMBER

Price

STOCKS

12 Months

27

June 27

,

-

;

.

'

1

N. Y. STOCK EXCHANGE—STOCKS

40
AQQREQATE
SALES
In

December
Shares

249,000
14,100
8,700

7,200
2,900
11,200
500

1,200
2,500
160
230

*

330

69

*

U S Tobacco

25

7% preferred
United Stockyards Corp
Conv preferred (70c)

1

United Stores A__

400

3,600

5,400
5,900
5,500

*
1

preferred
Universal-Cyclops Steel
Universal

Leaf

1,330
610

1,200
640

44

46
Sale

Preferred

100

—

yniversal Picture 1st pref._100

Sale

54

12

14
Sale

65

X

Sale

19

Sale

Sale
33%
34%
112
114%
40
Sale

4

28 X

115

Sale
Sale

Sale
Sale

2% Sale
7%
10
119
69

124
Sale

119%

41

3%
26X
115%
IX
6 %
127 X
93 X

2

"

18,200

7,800
700
90

2,100

10

750

8,600
4,700
1,500
4,900

4,400
10,400
4,800
10

450

650

300

T.806

14,200
9,100
417,700
72,900
80,700
36,400
15,900

1,200
11,700
9,000
9,800
3,400
2,500
11.100
5,800
19,500

1,700

980

12,000
49,200
500

10,000
7,600
7,800

Sale

14% Sale
38
Sale

41%
3% Sale

w%.

10

3%
30
24
32 X

a

9%

Sale
Sale

Sale

3X Sale
Sale
80 X
Sale

*

*
*

100
100
4% % pf 100
West Virginia Pulp & Paper..*
Western Auto Supply Co
10
Western Maryland
100
2d preferred
100
Western Pacific 6% pref.—100

14

90
Sale

7% preferred
6% preferred

Westinghouse Air Brake

*

Westinghouse Elec & Mfg..50

50

7% 1st preferred

Weston Electric Instrument-.*
Westvaco Chlorine Prod

*

5% preferred
30
Wheeling & Lake Erie Ry__100

100
*
100

Preferred

$5

conv

prior preferred

White Dental Mfg Co
White Motor Co

*
(S3)-20
1

26%

Sale

3% Sale
6X
7%
IX Sale
a

24X Sale
31

Sale

119%

Sale

140

Sale
Sale

19 X

20 X, Sale

31% Sale

120,200

Woodward Iron Co

,

1,975,700
7,710
102,300
1,460,000
5,100
244,300
286,700
117,000

10

10
100

100
100
100
100
*
*
25

a

3X
Sale
Sale
94

7X
20%
92%
5% Sale
33
15

7%
1%
24

1

Sale

1%
1%

Sale

«VA
Sale
95

22

1% Sale
8%
6

Sale

32

Sale
Sale

18% Sale
22% Sale

3% Sale
60%
25% Sale"
Sale
72%
63
72%
103
Sale
105%
104
Sale
110
112% Sale
102
101
104% Sale
114% 115
114% Sale
18% Sale
16%
15%
Sale
36%
34
36%
4
4%
4% Sale
7
7
8
7%
Sale
1
% Sale

2%

3%

Sale

25

Sale

26

Sale

109% Sale
128% 134
26
26%
31% Sale
35% Sale

26%
27%
116%
135%

§18
35*
95

79%
59 X
10%

92
Sale
12

85
75

13

Sale

1

7
14
5

Dec.

13

Dec.

14

% Dec.

5

70

Dec.

4

35% Dec.
39% Dec.

14

18

Dec.

Dec.

1

Dec.

4 133%

7
7% Dec.
Dec. 23

Dec. 20 101

Dec.

23
21

15

12

Sale

1

Dec.

1% Dec.
Dec.

Dec.

6% Dec. 29
20% Dec.
2

7% Dec.

1

21

94

Dec.

2

5% Dec. 27
31% Dec. 20
15% Dec: 18
7

Dec. 30

1 % Dec.
21
Dec.

1
13

3% Dec. 20
44

Dec.

7

5

5

Dec.

4

29% Dec. 18
18% Dec. 29
20% Dec. 20
3

80

Dec.

5
1

110
102

Dec.

1

Dec.

2 106

26

Dec.

2

26% Dec.
31% Dec.
35% Dec.

2
1

5

69

Dec.

14

95

Dec.

22

Dec. 30
8% Dec. 27
1
11% Dec.

Sale

28% 32
16% Sale
3%

3%

2

Sale

3%

Sale
Sale
Sale

12%
6

Sale

4% Sale
32% 36%
20% Sale
3%
1%
3%
5%
52%

Sale
Sale

3%
Sale
Sale

iilM

114% Dec. 22 115
16
4
Dec.
19%
4
33% Dec.
36%
5
4% Dec. 29
7
6% Dec. 21
1
% Dec. 26

129

Sale

n»

1

Dec.

Sale

97%

Dec.

"75"

66

Sale

82**
35%

74
Sale

37%

44

47

108

117

81%
22%

81%
22%

17% Sale
124

122

23% Sale
38% Sale
18% Sale
66% 70

7

Dec.N

21
18

Dec.

26

Dec.

15

Dec.

16

Dec.

18

Dec.

12

Dec. 20
Dec. 21
Dec.

Dec.

23
9

6

Dec.

14

16% Dec.

33

12

Dec.

20

Sale

45%

Sale

Sale

84

Sale

27

Sale

27

89
Sale

Sale

17%
2%

Sale

16

Sale

2% Sale

v Ex-rights.

Peerless Corp.

,H3ept. 27
Sept. 27
Sept. 27

11
10
10
% Dec. 26

13% Dec.

8

Oct. 25
Mar. 10
Oct. 26

7

Dec.

4% Dec.
34

2

56

Dec.

74

July
8% Dec.
7
Apr.
3% Sept.
1% Aug.

18
7
29

14

Apr.

14

Dec.

Dec.

85

Dec.

27
12

24% Dec. 27
15% Dec. 27
2

Dec.

27

15

1

15

Dec.

6

5

I Dec. 30

Apr.

Sept.
19% Apr.
47% July
43
May :
23% July
31% Ai?r.
85
Apr.
Mar.;

18

2

98

Sept.
Apr.
Apr.

7
Dec. 14
iVA Dec. 18
88
28% Dec. 13

11

12% Dec.

17% Dec.
2% Dec.

30

74
17

1

12

2

2

X Companies reported in receivership.

4

Nov. 20

75

Dec.

Jan.

18
3
26
27

Nov. 17

36

Dec.

Oct.

10

85% Dec. 29
24% Dec. 29
7
19% Dec.

29 124
21

7

6
Dec. 26

Dec. 23

Nov.

Aug. :
Apr.
May
Apr.
Apr.
Aug.

1

Feb.

;

8

Feb.

June

Dec.

7

Dec. 22

21

2% June :
3
Aug. :
32% Aug. :
105% Apr. :

Dec.
Dec.

8

Dec.

2% Aug.

1

1

Mar.

10
2

Sept.

6
36% Dec.
45
Dec. 29

2 114

27

Sept. 20
Sept. 22
Sept. 10

Jan.

21

11%
46%
86%

Nov. 16

2% Apr.
3% Apr.

10
27

Dec.

Sale
Sale

16% Nov. 22
20% Apr.

27

Dec.

11

4

16
Dec. 18
Nov.
8
Dec. 20
Dec.

Jan.

43

18% Sale
114% 117

3
15

45

110

4

Dec.

5

34%
43%

13

Jan.

Apr. 11
95
Apr-;
8
88
Apr. 10
105% Sept. 5
85

7

69

Dec.
Dec.
Dec.
Dec.
10% Dec.
45% Dec.

Jan.

July 20
55% Aug. 25

Dec.

1

81%
19%
17%
114%

28
21

Dec.

Dec. 21

16

10

9

12

Oct.

10

5
4

77% Dec.

19

Dec.

28

Jan.
Jan.

Oct.

Dec.

17

Oct.

8

14% Apr. 11
Sept. 5

20

1% Apr.

3

May 24
Sept. 20

4% Nov. 30

19% Apr.

4

24

Jan.

1%
6%

Oct.

Dec.
Dec.

Sale

Sale

23

37% Dec. 19

Jan.

July

%X

6

3% Dec.
1
5% Dec. 14

12

8

10

19

Dec.

1
4

Mar.

36

3% Dec. 13

5

Mar.

Apr.
15% Apr.

20% Dec. 30

51% Dec.

3

18:

Jan.

" D
1% D

7
21

80

5
„

July

2

6

67

Sale

Jan,
_

11

34

24

% 8ept,

Dec.

66

45%

6
22

Jan.

Dec.

35

86%

23

96

70

Sale

Oct.

July
July

69

1

Dec.

Sept. 13
Sept. 13
Sept. 20

22
8

Dec. 14
8
Dec.
Dec. 21
Dec. 16
7
Dec.
Dec, 22
Dec. 23

3% Dec. 18
1% Dec. 21
3

31

5% Apr. 11
15% Apr.. 10
Jan.
3
Apr.

9
1

Dec.

Dec. 12
Mar. 15

01

85
4

6

Dec.

33% Dec. 23

June 29

4

Dec.
Dec.

16% July 26
14% Dec. 30
56% Aug. 23
55
Sept. 30
29% Dec. 29
5% Sept. 12
33% Sept.27
18
July 31
5% Sept. 12
15
Sept. 12

33% Dec.

60

85

% July
1% July

10

16% Apr.
8
18% Apr.
8
82% Apr. 11
126
May 20
10% Apr.
8
15% Apr.
8
x29
Apr.
6
42
14
July 28

27%
28%
117%
136%
28%
39%
39%

an
r

114

i?*

80

3% Dec.

10
10

Sept. 22
34% Apr. 11
54% Aug. 24
65
Sept. 30
18% Apr. 10
Apr.
8
Apr. 10
Sept.14
Aug.
7
July 27
116
May
2
Apr. 12
Mar. 7

19

112
Sale

10

Apr.
Apr.

7

14
31
19
25

Sept. 9
Sept. 11
Sept. 12
Nov. 15

1
21

Dec. 30
80

Dec.

1

Dec.

78

16

.

31% Dec. 29
20% Dec. 15
23 % Dec.
7

63
104

24% Dec.

Dec. 14
Dec. 14
Dec.
5
Doc 21
Dec.
7
Dec'. 12
Dec. 11

33

% Jan. 16
16
Aug. 21

8% Dec. ■ 1

5

Dec. 21

20% Dec.

1

70

4

Dec. 30

47% Dec. 23
2

4

Sale

95%
6%
34
16 %'
8%
1%
25%

1% Dec. 12
7% Dec. 27

Dec.

Sale

Sept.
July
June
Feb.

20

108% Dec.

Sale

35

6

3

Sale

Sale

Dec.

17

4

2

Dec. 20

1% Dec.
3

June 13

Jply 14
Sept. 6
8% Mar. 3
2% Oct. 26
54

25

11

1

2

10

109

3% Dec.

29%
3%
29%
4 117%
1

3

20

12
146
Sept. 28
45% Apr. 10

26

4

1

Oct.

82% Sept. 12
Sept. 22

6
11

20

44% Dec. 30

29

Dec.
Dec.
Dec.
Dec.

68

18

Sale

Dec.

Dec.
Dec.
Dec.
Dec.

Dec.

110
Sale

38% Sale

Sale

26

90

25%

Sale'

5

68
9

Sale

Sale

5

Dec. 30
Dec.

16% Dec.
73% Dec.

5 115

Sale

Sale

108

4
% Dec.
16% Dec. 27
4
31% Dec.

30% Dec. 20

"25"

7% preferred
100
Young Spring & Wire
.*
Youngstown Sheet & Tube
*
5%% preferred
100
Youngstown Steel Door
*
Zenith Radio Corp
Zonite Products Corp
1

7

Sale

112

Yellow Truck & Coach cl B..1

19 154

110

Sale

Sale

III
eVA

Dec.

31

9%
9%
11% Sale
6% Sale

Sale

Sale

Sale

48

46

154 Sale
8% Sale
4X
5

10%
22X

97

Sale

3% Sale

31

3%

5% Sale
34
32%
33%.
16% "16%' "SaleSale
8%
Sale
Sale

Sale

45

♦ No
par value,
a Deferred delivery,
r Cash sales,
x Ex-dividend,
Change of name from United American Bosch, g Change of name from




YA

Sale

69

54
Sale

18
12

Dec.

93

96

Sale

28

Dec.
Dec.

68

127

32% Sale

4%

Dec.

1% Dec.
6% May
1% Apr.
46
Apr.
9
May
60% Sept.

xl49

94

95

Sale

39

7

19

Sale

61

Sale

7

Dec.

29

137

7

75

5

1,003,300 Wool worth (FW)
182,000 Worthington P & M
640
7% preferred A
6% preferred B
900
Prior pref 4% % series
10.700
Prior pref 4% % conv ser
13,500
7,973 Wright Aeronautical Corp
33,200 Wrigley (Wm) Jr
60,700 Yale &, Towne Mfg Co

Sale

90

Prior preferred

Co

Sale

129

Sale

2

Sale

6X Sale
IX Sale
19 X Sale

Rock Min Spgs

White Sewing Machine
Convertible preferred

44% Dec.

Dec.

93

116% 117% 118

73 X

*
1
*
20

White

27
20

Dec.

132

Sale

41% Aug. 24
98% May 19
30
Sept. 22

Dec.

67

3%
26%
115%
1%
6%

29

29 X

1
478,600 Willys-Overland Motors..
6 % conv preferred
10
175,300
*
426,200 Wilson & Co
$6 cum preferrred
100
54,500
390 Wisconsin Elec Pow 6% pf.100

200

15,100

Sale

91,100 Wilcox Oil & Gas

*

56,200

50%
20 H

West Penn Pow Co

5% % conv preferred
309,900 Wheeling Steel Corp.

22,100

2,900

*
*
*
1
*

1

770

50

8ft Sale

5

*
100

485,900
544,810
4,280
81,600
73,500
37,000

Sale

Sale

770,100 Western Union Telegraph.. 100

42,300
30,700
25,100

220

*

Sale
Sale

100

5

13,370
14,600
12,400
16,000
212,900
115,900
28,900
52,800

1,040
1,300
2,100
15,300

700

A

120.500 Wesson Oil & Snowdrift
$4 conv preferred
16,680
10,070 West Penn Electric Co A

21,700
2,000

1,200

Ward Baking Co class

34,700 Webster Eisenlohr.,
10
7% preferred

2,600

120

& W Ltd.*

Preferred.

58,100 Waukesha Motor Co
62,200 Wayne Pump Co

3,100
7,700

150

Walker (H) Gooder

Class B
1
45,200
7% preferred
20,200
983,300 Warner Bros Pictures
$3.85 conv preferred
12,240
200,000 JWarren Bros
Convertible preferred
11,400
$1 1st preferred
950
62,500 Warren Foundry & Pipe

680

"6", 600
113,000
10,600

*

Walworth Co

6%
18%
85

30
Sale

Highest
Sale Prices

Dec.

132

Sale

L.300

3%

2

23 117% Dec. 30
11
35% Dec. 14

62

"29%

Sale
Sale

1

Sale Prices
7
69% Dec.

80

Sale

26

Sale
Sale

100

5

111

126

IX
3%

25,500
9,200
1,900
1,800
7,200
4,300
59,800

Sale

80

25%

100

—

69%

53

100

:—*
Walgreen Co..
*
4 % % preferred with warr 100

ieH

.

Dec.

17%
33% Sale
36
Dec.
37% Sale
114% 115% 114% Dec.
41
Dec.
44% Sale

1QX

28 X

100

Waldorf System

157

151

Sale

Preferred B

1,300
52,700
68,200
9,900
436,700
96,600
27,300

68

Sale

34,200 t Wabash
Preferred A
39,500

3,300
5,400

-

65

68%

157

2,100
5,100

,

S*

Sale
45

83^4

Tobacco—

—

220

35%

7!

conv

Dec.

64%
113%
34%
42% 43% 43%
2
IX
c^8
Sale
6%
Sale
1%
56
50
62%
13%
UK 14

35

5

$6

Dec.

Sale
Sale

117

Sale

Lowest
Sale Prices

Highest

Sale Prices

66% Sale

Sale

3;

Ask

Bid

Sale

100 118%

.

17,600
3,200

Ask

Bid

Lowest

Dec. 30

Dec. 5
Par

*
72,900 Vadsco Sales Corp
Preferred
100
1,880
534,600 Vanadium Corp of America-.*
5
53,700 Van Raalte Co
7% 1st preferred
-.100
2,220
Vick Chemical Co
5
27,600
180 Vicks Shreve & Pac Ry Co. 100
30
5% preferred
100
5
80,300 Viccor Chemical Works
*
168,500 Va Caro Chemical
6% preferred
99,120
100
4,260 Virginia Elec & Power 6% pref*
14,570 Virginia Iron, Coal & Coke 100
5% preferred
4,480
---100
4,600 Virginia Ry Co preferred—1~
;
H)0
2,360 Vulcan Detinning
130
7% preferred
--.^100

10,400

1939

1939

Shares

89,000
5,820
63,500
32,800
153,600
7,100
14,000
17,400
1,980
5,070

YEAR

Jan. 3

N. V. STOCK EXCHANGE

4,840,100 United States Steel
170,300
7% preferred-

420

RANGE FOR

PRICES IN DECEMBER

Price

STOCKS

Months
1939

12

8

Sept.

6

Nov. 21

Sept. 19
Sept. 22
i Jan.
5
I Jan.
4
Oct.
Oct.

31
31

; Sept. 22
! Sept. 20
Nov.

4

I Dec. 29
Mar. 13

I Oct.

26

Nov. 16

; Jan.
5
I Sept. 12
Sept. 30
Sept. 27
I Jan.
i

Sept.

4

6

t Called for redemption

New York Curb

Exchange

MONTHLY AND YEARLY RECORD

Slock Sales

PRICES ON

OF

RANGE

Shares.

Jan. 1 to Dec. 31..

December.

6,164,437
49,640,238

4,407,908
45,729,888

1938

1939

Bond Sales

1938

1939

December

NEW YORK CURB EXCHANGE

....

,

Jan. 1 to Dec. 31

$35,966,000
366,984,000

$30,525,000

444,497,000

NOTICE—Deferred delivery, under the rule and cash sales, are disregarded In the month's range, unless they.are the only transactions o' the month, •
No account is taken of such sales in
and when selling outside of the regular monthly range are shown in a footnote in the month in which they occur.
computing the range for the year.
AGOREOATE
PRICES

SALES

NEW
In

12 Months

-December
Shares

600

Shares

500

200

1 400

1,500
600

275
400

130
500
100

500

275

14,150
1,300
800

300
4,260

1,350
800
500

2,400
100

2,900
500
100

9,000

1854

21

22

20 X

22 X

20 X

6

Sale

4X

5%

Mfg Corp com—5

Sale

5X

Sale

Air Associates Inc common—1

11

Sale

5%
9X

Sale

10X

Sale

2

Sale

2X

Ainsworth

J Air Investors Inc common—*
Convertible

20%
6154

63 54

1%
IX

2%
IX

preferred

Warrants

1,150
175

2,500

7,000
200
850

2,000
100
200

18,300
1,200
156,700
950

7,000
1,600
600

800
100

520

11,300
6,300
27,900
18,900
240

2,600
8,600

10 ,'600

4,500

38,000
5,500

Class B

13954

Sale

100
1

108

Sale

100

58

*
*

—

20

97,800 American Light & Traccom.25
6% preferred
25
4,800
12,775 American Mfg Co common. 100
100
—

*

20,700 American Meter Co
400 Amer Pneumatic Service

*

7,150 Amer Potash & Chem Corp..*
127,500 Amer Republics Corp com.. 10
29,800 Amer Seal-Kap Corp com
489,900 American Superpower.
1st

1

Sale

1

IX
9

2%
X
22

IX
61
Sale

4

X

361,300

11X

18

20

8%

2%

67 X

IX
27
27

17 X

74

70 X.

29X

Sale

12
7

Dec.

2%
19%
X
78%
101X

6

Dec.

9

Dec.

16

1

6%
IX
X

76 X

19X
70 X

•

20

30
29

IX

Sale

28 X

Sale

31%

Sale

IX

Sale

X

10

Sale

10% Dec. 19

10%

18% Dec.
134X Dec.

5

115

114

Dec.

15

16% Dec.

6

Sale

Dec.

21*

6%
2%
X
18%

76

72

Sale

2 X
■

1

Dec.

5

32

Sale

116

Sale

454
24 X
26X

Sale

10

Sale

Sale

28X

37 X
112%

Sale

3%
26 X

Sale

30%

Sale

10

29
Dec. 27
1X Dec.

Sale"

29

Sale

X

Sale

%

Sale

12% Sale
38% Sale
113% Sale
3% Sale

30X
X
11X
36%
112%
3%
25

27

10X

18X

11

12 X

11

Sale

15%

Sale

15 X

27 X

28

2754

16

22

20

85
Sale

70

23 X
85

26

27

15

50

28*
56*

29X
61
Sale

9

29

5X

80

85

6X

Sale

Sale

2X
5%

Sale

6X
454

Sale
Sale

8X
%
1X
8%
%«
X

6

9X
Sale
Sale
Sale
Sale
Sale

X

6%

88

84

7%

Sale

5X
X

5X
Sale

72%

74 X

5X

Sale

X

Sale

70 X

73
Sale
Sale

3X
ix
IX
12%

% Sale

3X

Sale

X

IX
2

12

IX
2%
14

15

10",500
460

1,500
15,500
300

300

10,200

1,200

RR Co preferred
100
60
70 Atlanta Gas Light 6% pref.100
*
73,800 Atlantic Coast Fisheries
50
4,300 Atlantic Coast Line Co
Atlantic Rayon Corp
1
16,600
103,600 Atlas Corp warrants
5
13,700 Atlas Drop Forge Co com
*
39,600 Atlas Plywood Corp
1
170,300 tAustin Silver Mines
5
31,500 Automatic Products Corp

70

63

'"§%

4X
X Sale

24""

Sale
Sale

2%

Sale

see

page

53.




Mar. 11

134
4034
5

1%
34
15
64 24

%t

Dec.

29
30
29

12
1

16
30

7

15% Dec. 21
15% Dec. 20
Dec. 27

13

Dec.

Sale

3%
1;;
1%
13%

% Dec. 16
30% Dec. 14
%# Dec. 15
85

Dec.

5%
5%
X
71X
13X

Dec. 14
Dec. 13
Dec. 19
Dec. 18
Dec. 12

3

Dec.

7

16
21

1% Dec.
IX Dec. 22
rl2

Dec. 28

7

96X
6%
5X

7%
X
X
5%

Xs
2%
Sale
Sale

X
2%
2%
IX

X
Sale
Sale
Sale

Sale
7X
Sale

6%
5%

Sale

8%
Sale
Sale
Sale

7%
X
54
5X

Sale

8X
54#
Sale
Sale

3X

68 X

12

Dec.

11

Oct.

19

Dec.

70

65

2%

6% Sale
% Sale
3
3%
15X
16X
%,
IX
1

Sale

lb

Nov.

.

Sale
~ "

5%
%
3 X
15X

Sale

%

Sale

6%
Sale

14

18

%s Dec. 15
86 X Dec. 23
7% Dec. 20
5X Dec.
6

X Dec.
7
Dec.
8
15% Dec.
5
1
3% Dec.
IX Dec.
9
2
Dec.
8
r 12
Dec. 28
74

7X Dec.

X Dec.
1
X Dec. 27
4X Dec. 27

5
54# Dec.
v.
%« Dec.
4
5% Dec. 1 1

3X

1% Sale

21 X Dec.
6
Dec.

X
3 X
15%
Ws
IX

29
23

Dec.
1
Dec. 16
Dec. 30
Dec.
5
Dec. 20

Jan.

6

7
18

2
35% Aug.
2
34% Aug.
2% Jan. 19

Jan.

134 June
22
Apr.
18% Apr.
X Dec.
834 Apr.
29 X Sept.
110% Sept.
334 May

Oct.

34

3554 Sept.
1% Jan.

27

8
6

Nov. 17

15

40% Mar. 10
Jan.
3
116
Sept. 11
July 27
Aug.
2

7

3%
24 X
6%
%

Feb.

Mar.

29

% Dec.

68% Dec.

7
17
6
Jan.
5
Mar. 17
Jan.
9
Jan.
Jan.

33

7X Dec. 23

9

2
4

Jan.

•

2X Dec. 20

Jan.

Aug.

Jan.

Dec. 12 114%: Dec. 26
5
X Dec. 15
X Dec.
2
Dec. 18
2% Dec.
2 X Dec.
2% Dec. 12
6% Dec. 15
7% Dec.
97
Dec.
91% Dec. 13
7% Dec.
6X Dec. 30
5
Dec.
2
5% Dec. 30

68 X Dec.

6

24

13

9

102

3%

9
23
23

21

Sept. 20 141
Oct.
7 11134
334
Mar. 31
6034
Sept 26
Sept.
1
9%
2%
Aug.
7
X
Dec. 28
23
Aug. 31
75
June 22
234
Dec. 28

6

15

6% Mar.

2634 Jan.
15% Apr.
13
Apr.
2534 Apr.
934 Apr.

17

Dec.

14

42

Dec.

28

Dec. 12
Dec.
6
Dec.
1
Dec. 30

4

Dec.

7

16

Dec.

18

X Dec.
1% Dec.

7

3b

2

18

Mar.

11

18

Jan.

9

8

29

Jan.

17

18

28

Nov. 18

June 16

70

Nov. 13

34 Ang. 25
2034 Apr.
8
54# Dec. 15

33

55

Feb.

11

7

5 34 Apr. 10
4% Jan. 25
X Dec. 19

1% Mar.
Dec.

2
18

% Sept. 27
99

Oct.

3

1154 Sept. 11
7

June

1

1

Feb.

6

67

Jan.

12

8034 Aug.

3

13

Apr.

11

27

Feb.

6

3

Dec.

16

354
2%
3%
16%

Apr.

20

Oct.

25

13 11454
5
%
354
3 54
10
7%

Dec.

26
17

1

2
Sept
1%; Dec 22
9% Aug. 25

107

5%
7834
434
434
1634

Sept.
Sept.
Apr.
Apr.
Jan.
Apr.
Sept.
Apr.
June

554
34
X
4 34

Sept.
Oct.
Dec.
Dec.

14
28
27

10

27
25

1154
34s
%
2%

34
1%
2

6 104%
8
1

10
13

34s Aug.
9
2% Nov. 25
65

5
3
26
12
19
16
26
3

27

9

Dec.

2% Jan,
1934 Dec.
34 Jan.
8934 Oct.
101 % Nov.
91X Oct.
234 Nov.
IX Jan.
X Sept.
10
Sept.

1

6

Dec.

33

3
3

6

/
Dec. 28
1654 Dec.
5
16% Dec.
4
28% Dec. 19

24

12

Jan.

8 54 J an.
11
Jan.

6

8 147

25 X Apr.

I.

For footnotes

3

94

Dec.

22

3 11734 Nov. 16
19
17% Sept. 20

110% Jan.
14
Apr.
86

2434 Sept. 28

Jan.

X
2%
2%

22

4X

Mar.

27

Ill ^

101

"3*

7% June 28
May 19

17

90

7

.*
125 Assoc Tel & Tel class A
Atlanta Birmingham & Coast
10

Nov. 16

4

54

%

9

Jan.

6234 Jan. 12
1% Jan. 23
5
X July
34 Dec. 11

7

15

19

71

31% Dec.
Dec.
30
IX Dec.
33
Dec.
33% Dec.
X, Dec.
xl4
Dec.
38% Dec.
113% Dec.
4% Dec.
26X Dec.
30% Dec.

42

Dec.

14% July
6
1854 Feb. 10
2% Aug. 24
5
Aug. 24
6X Sept. 1
1
June 29
1334 Aug.
1
Xe Apr.
8
6134 Jan. 11

1

Dec.

28

Highest
Sale Prices

Dec.

85

X
31

31

%

Sale
Sale
2854
23

60

% Sale

X

Dec.

30X Dec.

16%

Sale

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

31

16

17

Dec.

30

40

17

7
16

8X Dec.
7
2% Dec. 18
% Dec. 12
21
Dec. 26
72% Dec. 22

8

Sale

1X

IX Dec.
44 X Dec.

%s Dec. 28
30

33

Dec.
4
12
Dec. 11
20% Dec. 14
147
Dec.
6
115
Dec.
2
17% Dec. 30
8
Dec. 11
103
Dec.
7
Dec. 27
107

26

3354

1

16

X Dec. 11

28

Dec.

Dec. 26
Dec. 21
Dec. 22

Dec.

1

18

Dec.

2b

4

27

Dec.

Dec.

J

Sale

Sale

29

Sale

xl4

15%
3%

—

4

Dec.

91

1

32

Sale

American deposit rects.. .£l
18,600
32,000 Assoc Gas & Elec common— 1
Class A
1
296,900
$5 preferred
*
82,700
Warrants
106,600
1,600 Assoc Laundries ol America..*

31X

30

19

90,200 Ashland Oil & Refining Co-.l
*
25 \ssoc Breweries of Canada
Associated Elec Industries—

X

31%

Sale
Sale

2

70

6% preferred
10
80,800
2,710 Arkansas P & L $7 preferred.*
19.100 Art Metal Works common.— 5

Dec.

7

Dec. 9
Dec. 23
2% Dec. 11

12

Sale

21

X

3

Sale

67

*

9%
19

SA

Sale

*

—

Dec.

Dec.

11

Sale
7 X Dec. 21
Sale
94 X Dec. 27
96
100 X Sale
8
103 X Dec.
103X 106X 105X 107
Dec.
8
IX
IX
IX
IX
Dec. 26
Sale
44
42
44
42X

25

Sale
Angostura-Wupperman
1
Apex Elec Mfg Co common—*
12X Sale
Appalachian Elec Power—
$7 preferred
Sale
* 109
4,410
Sale
1
44,500 jArcturus Radio Tube
2% Sale
95,700 Arkansas Nat Gas common. .*

non-voting

10X

5

American Thread preferred—5
Anchor Post Fence common. _*

Class A

1

X Dec. 19

IX

141
134 X Sale
114 X 115X 114%
16 X
17 X
16%
8

*

Preferred $6 series

Dec.

12

5% Dec. 30
6% Dec.
8

Dec. 26

77

3

Dec.

22

89% Dec.
2% Dec.

2%

IX

2
*

preferred $6 series

18

Dec.

16

V\t> Sale
78%

90

2X

A.10

*
1,275 American Invest of 111 eoiri
22,000 American Laund Mach com .20

Preferred

9
19%
Sale
15

470,600 American Gas & Elec com—*
$6 preferred
*
31,475
10c
50,200 American General Corp
$2 preferred
8,550
$2.50 preferred
1
1,025
6,900 Amer Hard Rubber Co com-50

150,300 American Maracaibo

7%
18X

110%
1454

—

25,200
18,500
13,400
15,800

77 X

4

Sale

Common class B non-vot._10
498,900
21,000 Amer & Foreign Power warr...
20,090 Amer Fork & Hoe Co com

10,950
106,500

Sale

12

Dec.

xlOO

128

--25
25
—--1

760 Amer Cyanamid com class

Dec.

X Dec. 11

1
31,800 Amer Box Board Co com
1,600 Amer Capital Corp cl A
10c
Common class B—
10c
10,900
$3 preferred
*
4,800
$5-50 prior preferred
1,050
121,200 American Centrifugal Corp.
Amer Cities Power & Lt Corp—

130

~7~, 200

11X

conv

Conv class A

125

19 X

X
79%

22

4%
5%
9%
IX

Lowest

22% Dec. 29

18X Dec. 13

22 X

Allied International Investing

Class A with warrants

950

18

78*
89

Alliance Investment common *

16,850

8,600

X

$6 preferred
Alles & Fisher Inc common..

$3

1939

Sale Prices

Highest-

Sale Prices

22 X

15X

23

*

Ala Gt Sou RR ordinary
50
Ala Power Co $7 preferred—

23,300

9 025

254

"24~"

~~ —v

Sale Prices

Sale

8

4X
654

800

1,340
23,500

Lowest

Ask

~22

class A

6,150 Aluminum Industries com
99,160 Aluminium Ltd
7,650
6% preferred
22,400 Ameriban Beverage Corp.
2,250 American Book Co

60,075

Aks Bid

1

10

common

preferred
*
3,250 Allied Products Corp com...10
Class A
-25
1,445
*
137,250 Aluminum Co common
33,950
6% preferred
100
10,200 Aluminum Goods Mfg
*

110

Bid

Dec.SQ-

1

Acme Wire Co

2,200
12,900
"36,000
1,200

Ask

Bid

•

Dec.1

1939
Par

Aero Supply Mfg
Class B

YEAR

Jan. 3

EXCHANGE

STOCKS

3,725
1,300
93,500
45,700
24,500
37,200
3,900
11,300
5,425
13,465
8,310
3,800
7,950
2,400

100

4,500
4,200
4,100
4,400

CURB

-

RANGE FOR

IN DECEMBER

Price

YORK

63

Aug. 22
23

9634 Jan.
2% Apr.
17
Apr.
3% Feb.
54 Apr.
2% June
11% Sept.
34s Apr.
134 Dec.

11
8
4
11

15
1
14
20

Sept. 12
Feb.
8

Feb.

Apr. 22
Apr. 22
Apr. 22
Nov. 29
Oct.

6

554 Sept. 6
16% June 13

6
3
3
Mar. 10
Jan.. 3
Jan
3
May 23
Mar.

% Jan.
1 % Jan.

6854 Dec.
98

454
31%
9%
1%
5%
25%
54
3

Feb.

Sept.
Jan.
Sept.
Sept.
Sept.
Jan.
Jan.
Apr.

9
3

13
4
14
5
22
12
9
29

NEW

42

EXCHANGE

CURB

YORK

AGGREGATE
PRICES

SALES

December
Shares

15,600
19,400
1,750
925
10,400
510,900
9,990
1,200

1,500
1,100
425

"""400
14,600

1,350
200

Par

(Continued)

com—*

Auto Voting Machine

Avery (B F) Sons Co
5
6% preferred with warr—25
6 % preferred ex-warr
25
Purchase warrants.

_

Aviation & Transport Corp._l
Axton Fisher Tob class A—10

Ayrshire Patoka Collieries

116,700 Babcock & Wilcox Co
Baldwin Locomotive—

13,100

26,750

1,000
10,700

398,100

18,400
17,200
134,700
6,250
33,300
213,500

700

1,300
3,700
500

1,600
35,600

—

630

50

820

"i~66o

*

100

7,100
6,100

243*
73*
63*

6N
8X

65*
Sale

7X
9%

2

Sale

50

Sale

*

(L) & Co com.—
7% 1st preferred
100
7 % 1st prof vot tr ctfs—100

1
1

"45* "6""
4

5X

13

15

82,200 Blue Ridge Corp common...1
$3 optional conv preferred.*
15,900
8,700 Blumenthal (S) & Co com
*
5,000 Bohack (H C) Co common—*

800

1,200
500
260

2,025

1,300

■r

7%
36 X

Sale
Sale

10

Sale

Bowman Biltmore

32,500

2,300
1,100
2,200
7,400
8,200
88,700

—

2,200

22,500
14,500
7,070

1,300
570
290

1,620

400

6,700
I,320

12N

X
Sale

145*

"7X Sale"

15

Dec.

19

4N
43*

18
Sale

8

193*
63*

,

Sale
Sale

*16X Sale"
IN
37X
7N
2X

IN

Sale

Dec.

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

20

Dec.

30 r21

r21

Sale

40

5*6 Sale

isfc

Sale

3N

14

IN

Sale

IN
393*
63*
23*
263*'
273*
5N

^

40 N
Sale

3N

20 N

28 N
Sale

x4X

4

Sale

8*

6

6
5
28

9N Dec.
8

Dec.

„

19

12N Dec. 30
IN Dec. 28
Dec.

Sale

13 X Aug. 24

29N Jan.
28N
9N
7N
13*
IN
10N
9N
12 N

4

.

14

•i3ie Dec.

4N Dec. 19
Dec. 27

4
14

Dec.

7

21

Dec. 29

17N Dec. 28
1
63* Dec.

30

5N Dec. 30
4N Dec. 16
Dec. 21

14

8N Dec.

6

Dec.

6

7N Dec.

14

21

Dec. 21 131
Dec. 18 123 N
Dec. 30
40
43
Dec. 12
43
3* Dec. 29
N

Dec.

zl23

Dec.

15

40

Dec.

30

Dec.

12

Sale

N« Dec.

1

Dec.

15

14

14

38X Dec. 28
7

7N Sale

Sale

2N

Dec.

7

N Dec.

383*

38

143*

26

1

23

27

16

123

122"" 124""

N
X
3*6 Sale
153*
153*
37
383*
7N
83*

7

26N Dec.
8N Dec.

Apr.

5

Apr.

N Oct.
N July
7N Jan.
4
May 24
4N Mar. 31
IN Sept. 6
17

Oct.
Oct.

20

73* Sale
195* Sale
7

38

39

24N Dec.

23

Sale

35

12
6
30
3N Dec.
9

6N
Ne
5*
9N
7N
93*
13*

3*

53* Sale
43*
43*
15
323*

4N
5

23

IN Dec.
3N Dec.

52 N Dec.

7

7

Sale

Dec. 27

Sale
Sale
Sale
63*
33*
273*
Sale
53*

Dec.

6

10

*

Common

*
_*
100

Preferred
>rp
Class B

*

7% preferred..

-.100
*

IN

Sale
Sale

20

3X
8N

Sale
Sale

8

Sale

12X

Sale

31X
7X

35X
Sale

13*
73*
6X
83*

Dec.

13,

22
4

Dec. 27

5*6
15X
38X
8N
6

5
Dec.
1
Dec.
6
Dec.
Dec. 28
Dec. 13
Dec.

16-

1

.8

I

N Dec.

14

39

Dec.

5

40

Dec.

18

11
4
30
11

5

Sept. 27
Sept. 27
Feb.
4
Jan. 31
Jan.
6
Mar. 4
Sept. 15
Dec. 30
Jan.
3
Jan.

3

Feb. 23
5N Feb. 23
5
Jan. 23
15 N Nov. 10

UN Nov.
36 N Jan.

35* Aug. 24
Aug. 24
4N Aug. 24

10N Jan.

4
3
16

Oct. 19 1763* Aug. 15
Aug. 31
118N Apr. 27 124
45
16
Jan. 12
Aug. 15
48 N Aug. 14
27
Jan. 10
Jan.
5
X Dec. 29
Jan.
3
5*6 Aug. 11
120

s

31

17

Mar. 21

Mar. 22

13

40

June

Jan.

x34

4N Sept.
8

Dec.

13

13
11
11
15

40

15

Dec.

6

Dec.

2

50

4
23

3N Apr. 10
25* July 27
10
Sept. 12

4

1

■

Apr

,

8

9X Sept. 28

1

Dec.

4

4

19 X Sept.22

10
"

53* Dec. 27
23* Dec. 22
26

Dec.

4

203* Dec.

1

Dec.

1

x4

36

X Dec. 22
53* Dec. 20

73*
65*
IN
IN
73*
75*
5N Sale

2

Sale
Sate
Sale

12

1

6
7N Dec.
2N Dec. 22

27
28

Dec.

12

Dec.

8

4N Dec. 28

IN Sept.

N Apr.
34
Apr
4N Apr.
2N Jan.
17 3* Apr.

42 N Aug.
Jan.
9

4N

jNov.

9
2
5
3

3N Jan.

3
30N Nov. 20
6N Nov. 24

32 N Nov.

i Sept. 2
55* Dec. 20

Jan.

17

24 N Jan.

4

Jan.

10

N Dec.

11

Dec.

1

8

1N Dec. 23
7N Dec. 12
7

Dec.

14

12N Dec. 27

4N
IX
28 X

Sale
Sale
32
11X

2 3*
523*
33*
13*
313*

49

55

2N
1

1

8

3

Dec.

28

6

53

Dec.

12

Dec.
Dec.
Dec.

1

27N Dec. 27
12 N Dec.
1

3N
1N
315*
12N

11

Dec.

1

32

23* Dec. 26

Sale
13*

343*
Sale

28 3*

30

123*

115*

12N

18

Sale

18N

21

21

21N
21N

21N
213*

23
23 N

173*
173*

205*

IX

13*

13*

11

2N Dec.
52 N Dec.

30

71N75

Dec. 20

1

55* Sept. 1
3N Sept. 1
4N Aug. 24
Jan.

32

353*
373*
r2N Sale

38
Sale
65
Sale

Dec. 20

6N Dec. 12
9
55* Dec.
1
8N Dec.

Sale

*

Class A
British-American Oil

400

18

Dec.

85* Jan.
8N Sept.
22N Sept.
18
Aug.
3N Sept.
4N Nov.
52 N Dec.
4N Sept.

15

Hotels—

6.600 Brillo Mfg Co common

100

%

.25

,—._*

74,200 Bridgeport Machine com
330

Dec.

Sale

12

13*

122X 123

17 X

22

150 Bridgeport Gas Light Co
30

122

IX
39X
8X
Sale
23 X

7 % 1st preferred
100
12,300
2d preferred..
*
28,400
93,400 Brazilian Tr Lt & Pr ord—
1
188,800 Breeze Corp
1
411,900i Brewster Aeronautical

7,300

1

3N Dec. 12
44

75* Sale

7X
Sale

r21

131
120

100

7% 1st preferred
2,620
7,525 Borne Scrvmser Co
13,700 Bourjois Inc

16

Sale

13

100

*
125 Blauner's common
238,000 Bliss (E W) & Co common—1

12,800

22

Dec.

Sale

5*

20

X

125

Dec.

18

24N Dec.

Sale
Sale
Sale

Purchase warrants
27,400
*
15,460 Bickford's Inc common
$2.50 conv preferred
*
1,175
17,400 Birdsboro Steel Fdy & Mach_*

5,700

7

15

Sale

Sale

26 X

14 J*

1,800

13

Dec.

20

203*

1,645 Bell Telep of Pa 634 % pref .100

50

18

Dec.

5N Sept. 5
2N Apr. 11
Apr.
6
14
Sept. 8
N June 28
IN Aug. 25
35 N Sept. 6
2N Aug. 17

15X Apr. 29

6N Dec.

6

Sale

13*

Sale

*
4,600 Benson & Hedges common
Convertible preferred
*
2,550
55,200 Berkey & Gay Furniture Co..l

1,700

6N Dec. 27

33*
523*

133*

Sale

..5
Barlow & Seelig Mfg class A.
Basic Dolomite Inc common. 1
1
Bath Iron Works Corp

2,310 Bell Telep Co of Canada

Highest
Sale Prices

Sale
Sale

22

.1

Barium Stainless Steel

Lowest
Sale Prices

63*
175*
163*
13*
Sale
Sale

6,

2

3N
45 X

Highest
Sale Prices

16

63*. Sale
16

21

50
25

1

6X
6N
19 X
17

28 X

175

8,200
3,200

14

7X
63*

184,400 Bellanca Aircraft common—1

610

6X
6X
16N

Sale
7X
1
Sale

387,600 Beech Aircraft Corp com
197,700 Bell Aircraft Corp common

12,600

13N
IX
3N

8X
5X
195*
19
IX
Sale

8X
7N
X
IX

.

1
6,900 Beau Bremmell Inc
4,200 Beaunit Mills Inc common. .10
$1.50 conv preferred
20
1,800

500

7N
4N
13 X

Lowest
Sale Prices

30
Ask

Ask Bid

Bid

3

Purch warr for common.
Baldwin Rubber Co com.. -1
Bardstown Distillery Inc— ..1

500 Baumann

300

Ask

__1

•—30

7% preferred

Bid

Dec.

Dec. 1

1939
STOCKS

1939

Jan. 3

EXCHANGE

1939
Shares

YEAR

RANGE FOR

IN DECEMBER

Price

NEW YORK
CURB

Months

12

In

1

Dec.

19

16

Dec.

18

Dec.

5

17 N Dec.

5

18 N Dec.

12

173* Dec.

18

18N Dec.

7

17

2N Aug. 25
52N Dec.
6
IN Aug. 24

N
21N
95*
29N

Aug. 23
Apr. 10
Jan. 20
Apr.
4

3

5N Jan. 18
12 N Mar. 10

113* Feb. 23
123* Jan.

3

Nov. 15
7N Jan.
3
77
Mar. 15
4N Jan.
5
2N Sept. 22
39
Sept. 13
13 N June
7
325* June
9
36

Co—

*
-*

Coupon stock (bearer)
Registered

21

16N Oct.
5
Dec. 18

17 N

22 N Mar.
22 N Jan.

1
20

British Amer Tobacco Ltd—

500

13,900

200

2,000

Amer

dep rets ord bear__£l
Amer dep rets ord reg
£1
Celanese Ltd—

18N
18N

19

183*
203*

175* Dec. 14
17N Dec. 14

18N Dec. 22
17X Dec. 15

13
14

Sept. 21
Sept. 29

%
21N
7 N
3 N

Feb.
Oct.
Mar.
Dec.

16
17
31

17

Dec.

15

Feb.

28

22 N June

27

24

British

5,200

1,100

Am

10s

dep rets ord reg

625 British Col Pow class A

"5~306

2,300

200

90

91,800 Brown Rubber Co
4,700 Bruce (EL) Co

3,500

2,900

1,500
9,000
300
300

1,200

.1

86,500 Bunker Hill & Sullivan—2.50
•

4,000 Burma

21

7N

Sale

1
*

common.

5
50
9.500 Buckeye Pipe Line
70,150 Buff Niag & East Pow pref .25
$5 1st preferred
*
13,450

800
950

IX Dec. 23

21N Dec.
3N Dec.

1

15

29N Dec. 13
45* Dec. 22

17

18

213*
43*

27 N

Sale
5

4

Sale
43*

*

preferred

21,300 Brown Forman Distillery
$6 preferred
750

4,000

300

Class A

7

15

18

*

26,750 {Brown Co 6% preferred-.100
21,200 Brown Fence & Wire com—1

2,400

%

IN Dec.

13* Sale

Corp Amer dep rets—
12 Nc

9,900 Burry Biscuit Corp

Dec.

1N Dec. 26

Dec.

29

153*
273*
203*
1063*

163*
Sale
Sale
Sale
Sale

15
2

23*

25*

3

7,800 Cable Elec Products com—50c
Voting trust ctfs..
50c
24,900

IN

15* Sale

4

5N
10
105*
28 3* Sale
4N

21X

Sale

22

1053*
14 X

2N
IN

3*.

%>

N
5*6

33*
163*

173*

3N
15N

Sale

28

106
Sale
13 5*
14 N
2N
Sale

IN

,

IN
5*

13

Dec.

9

42

Dec.

29

4

Dec.

28

5

Dec.

6

2

4N
11N

11

.

IN Dec.

35

25*
Sale

6

22

N

10N Dec.

5

12 N

Dec.

7

28

Dec.

4

30

Dec.

18

21X Dec.

16

1
Dec.
Dec. 22
Dec. 23
2N Dec. 14
2
IN Dec.

105

Dec.

Sale

13

Dec.

11 107 N
11
14N

2

Dec.

11

2N
IN

N

3N
16N

43*
173*

IN Dec. 27
14

N Dec.
N Dec.

5* Dec.
N Dec.

3N Dec. 13
15N Dec. 13

3N Dec.
17N Dec.

18

42

Oct.

Jan.
3
6
Jan.
4
17
34 5* Mar. 23
9
23 N Mar.
107 N Dec. 22

2N Apr.
7
Sept.
26N Sept.
19N Apr.
100
Sept.
11
Apr.
1 N Sept.
IN Aug.

N Oct.
3* Jan.

n July

4N May 29
May 29

IN Oct.
26

14

9

N
N

N
"l6

22 N

Sale

15

26
28
June 13
293* Dec. 13
7N Jan.
3
25
Aug.
1
l

203* Sept.
23* Jan.
2N Jan.

18
17

5
4
7

May 25
IN Mar. 2
1

Cables & Wireless—
900

1,800
125

8,000

1,200
400

20,400
1,200

12,000
200
500

1,100
3,900
660

70
24,800
900

1,400
100

5,000

1,700
1,600
490

375

2,000

Am

dep rects 5 X % pref. _J£1

19,600 Calamba Sugar Estate

Co—=20

25 Camden Fire Ins Assn
3,025 Canadian Car & Fdy pref

25

82,000 Canadian Colonial Airways—1
10,100 Can Indus Alcohol class A—*

1,500

B

5,025 Capital City Products
113,300 Carib Syndicate com
conv

34

"25* "33*
13*

1

Sale

IN

Sale

4,390 Carolina Pow & Light $7 pref.*
$6 preferred
*
1,570

% Sale
183*
3
24

3*
88

__1
;. 1

203*

Sale

10N
6N

Sale
7N

13 N

14

10

Sale

10

10

21

20

22

15

43*

233*
Sale

903*
33*

Sale
45*

800

8

1,925
4,350
101,200

900

250

Metal

For footnotes see page

—

20 N
25* Sale

33*

Sale

Sale

3N

133*

913*

14
Sale

83*
93

i3*
3*
93*
43*
43*
43*
43*

Sale
103*
Sale
Sale
Sale
Sale

63*
53*

Sale
63*

a

14 X

1133*
965*
83*
1093*

5*
X

13*

7

2N
2N
2

3N

3

30

Dec.

29

Dec. 14
Dec. 19
Dec. 12
Dec. 29
Dec. 26

19N
45*
IN
2N

June

May
Apr.
Dec.

N Apr.
4N Aug.
5* Feb.

Dec.

1

19

Dec.

27

5N
39N
5*6 Dec. 30
N
1 101N
995* Dec.
Dec.

19

Dec.
Dec.
Dec.
Dec.

12

37

11

85

Feb.

93

Dec.

9

93

Dec.

9

78

Jan.

10N Dec.
7N Dec.
9N Dec.

1

13 X Dec.

30

11

15

7N Dec. 12
10N Dec. 27

21

22

21

Dec.

107

Dec.

3

Dec.

Sale
Sale
Sale
33*
Sale
3N

Dec.

Dec.
Dec.

Dec.
Dec.

5

2N Dec.

22
2

8

76

71

21N
145*
12 114N
12
97 N
15
8N
6

8

2

Dec.

13

2

Sale

Dec.

5

1

Dec.

11

3N Dec. 19

7

19N Sept. 26
3N Apr.
24N Jan.
N Apr.

3N Dec.

Dec. 28 112

Dec.

11

8N Sept. 5
5N Feb. 23
9
Apr. 11
17
May 17
2N Aug. 23

15 111N Dec.
6
3N Dec.

8
N Dec.
N Dec. 20

7

24

1

2N Dec. 28

Sale

N
5*8
7 N
2N
2N
2N

Dec.

7

2N
2N
1N
93*
IN

x25
22

Oct.

22 N Dec.
5
Dec.

20 N Sale
19
Sale
14N
14N
14N
103
Sale
96
97 N "97N Sale"
8
9
7N
9
108
110
110
108N

N
Sale
Sale
25*
3

21

4N May 24
Sept. 8
Oct. 25
33 N Mar.
3
8N June 19
4
Sept. 12
3
Oct. 28
IN Sept. 8
9N Dec. 22
IN Sept. 6

2N Sept.
15 N Dec.

Dec.

14

3

29

48

Dec. 20
Dec. 29

Dec.

2

Djpc.

22

Dec.

13

Dec.

12

N
5*6
75*
3N
2N
25*

4
Dec.
4
Dec.
1
Dec.
9
Dec.
Dec. 28
Dec. 23

4

Dec.

20

9
5N Dec. 12
39N Dec. 11
IN Sept. 5
102
Aug. 16
94 N Aug.
1
24 N Nov.

4
12
14
26
Sept. 11
4 N Jan.
3
21N Jan.

7N Dec.
15X Apr.

Apr. 12 1125* Nov. 17
June 17
6N Sept. 12
Feb.

1

71

Dec. 29

Aug. 24 27 N Mar. 11
Oct. 20
15
13N Jan.
5
2
90
Apr. 25 114N Dec.
85
97 N Nov. 15
Apr. 12
11
Sept. 12
63*/Aug. 28
Dec. 12
85
Jan. 26 112
17

5* Dec.
N Dec. 20
7

June 30

IN Jan. 20
X Sept.14
Mar. 11

14

Mar. 11

2 X July
2
Dec.

13

55* Feb.

9

2

Dec.

11

3N May

9

4N Jan.
4N Jan.

19
3

5

5

Weather

Strip Co
7,400
4,100 Charis Corp common.
1,275 Cherry-Burrell Corp com




.1

7% preferred
100
6% preferred—
100
Conv preferred100
Conv pref opt ser 1929.-100
Centrifugal Pipe Corp
*
Chamberlin

1,000

common.

7N
Sale

107 N

$7 dividend preferred

153,600 Central States Elec

Sale

16
-

8
Dec.
Dec, 28
Dec. 22
Dec. 23
6
Dec.

62N Dec.

90

15.848

3N

3

73*

*

.1
20,400 Cent Ohio Steel Prod
6,035 Cent Pow & Light 7% pref. 100
Central & Southwest Utilities—
Common
50c
92,200

425

15

Dec.

5N
2N
2N
N
6N
1N

Sale

20

63*

6

7,960 Cent N Y Pow 5% pref.... 100

1,400
31,500

N
995*

Sale

II.200 Celluloid Corp common
1st preferred part
2,940

1,000

36 N

IN
22 N
5

245*
Sale
5N
375*
39
373*
5*6 Sale
N
100N 102
Sale
93
923*
93
25

20

% Sale

82

1
92,600 Catalin Corp ot America
Celanese Corp of America—
7% 1st partic preferred-.100
18,935

8,600

4 3*
243*
Sale
893*

Sale

63* Sale
2N
3N
2N Sale

__*

15,700 Casco Products
1,650 Castle (AM) & Co

900

30

22 N
5

21

90

120

275

5N
23*
33*

33*

630

39,000
43,100

5N
23*

1

19,500 Cent Hudson Gas & Elec corn430 Cent Maine Pow 7% pref.. 100

1,600

23

20

25*

*
25c

Class B
*
5,700
.__*
17,000 Carnation Co common
71.600 Carnegie Metals Co common. 1

4,675

33

2

A stock--*

222,800 Carrier Corp common
8,200 Carter (J W) Co common

16

22

1

228,600 Canadian Marconi Co-.

Co

4
17

*

non-voting

1,400 Carman &

4

5

5

10
5

53.

J

4

6N

4N
73*

35*
63*

43*
65*

■

3N Dec. 21
63* Dec. 12
12

Dec.

6

4N Dec.
7

5

Dec.

5

12 N Dec.

28

3N Aug. 25
5N Jan. 23
Apr. 20

x!2

7N Jan.
4
7N Nov. 21
Jan. 24

15

NEW

JAN., 1940]

IOKK

CURB

43

EXCHANGE

AQQREQATE

PRICES IN DECEMBER

SALES

NEW
In

12

December

Shares

1,150

28,200
52,800
5,200
540
530

1,110
4,400
2,000
50

7,100
100

21,400
51,100
5,600
37,000
1,100
4,500

200

1,900
50

900

5,400
200

2,600
1,850
425

29,400

97,900
1,300
4,350

(Continued)
Par
Chesebrough Mfg
25
Ohicago Flexible Shaft Co—5
Chioago Rivet & Machine
4
Chief Consol Mining Co
1
Ohilds Co preferred
100

10
282,000 Cities Service common
Preferred.
*
207,700
Preferred B
*
24,500
Preferred BB
*
2,990
5,565 Cities Serv Pr & Lt $6 pref—*
9,345
$7 preferred
- — *
40,700 City Auto Stamping Co
*
4,700 City & Suburban Homes.10
Clark Controller Co
3,700
83,700 Claude Neon Lights com
1
3,700 Clayton & Lambert Mfg Co..*

2,100
3,900

133

128

#
58

1939

Sale

109

>

23^1

4%
58 X

Sale
Sale
5#
54 X

4#
57#
5#

90

54

60*

55

6#

Sale
Sale

6

Sale

85

Sale

10

_

Sale
Sale

4#
57#
5#
54#

6

52

60

83

90

Sale

5

37 #

5#

1#
2#

Sale
2
Sale

6

X
3#

X Sale
3X
4X

X
4

42 X
5

Sale

43
5X
2%
2#

43 X

4X

Sale
Sale

IH

7# Sale

8X

9X

IX
4X
6X

2
4%
Sale

•

5#
16#
#
3#

2

92

Sale

85

Sale

82

Sale

55#
3#

Sale
Sale

64#
2#

66
Sale

63 X

65
Sale

X
#

.«««.

Sale
%

#e Sale
1

Sale

38#
28

Sale

JA
14#

15#

Sale

33 X

Sale

_x
16#

17X

2#

17X

17#

13

58

Jan.

3

9# Feb.

6

Dec.

19

66

6# Dec. 13
62# Dec. 19

19

37

14

53# Jan.

108

Dec.

14

14

55

112

Dec.

14

6

Dec.

1

4

Dec.

30

6

Dec.

2

3# Dec.

Mar.
Jan.

Sept. 11

July
4# Jan.
15# July
# Nov.

15

Dec.

7

16«

Nov. 29

20# Mar. 14
6
1# Jan.
7
5# Oct.

1# Apr.

44# Dec. 15
5
5# Dec.

7# Dec. 11
5
9# Dec.

Jan.
Aug.
July
Jan.
5
Apr.
7# Jan.

3
29
3

44# Dec. 15
6# Sept. 23
5
Sept.11
3# Mar. 11
8# Oct. 27
9# Dec.
5

1# Dec. 12
2
4# Dec.
6# Dec. 13
1
85
Dec.

1# Sept.
4# Oct.
Apr.
70
Apr.

1
6
8
6

4# Aug.
9
9# Sept. 26
96# Sept. 14

3

Dec.

34#
3#
1#
2#

7

Dec.

1# Dec. 20
2
4# Dec.

6# Dec. 28
79# Dec. 28
13

64# Dec.
2# Dec.

hs Dec.

11
22
31

4

7

5

#6 Dec.

Aug. 14
1 # Aug.
1
45
Dec. 20

45

Dec. 20

Dec.

35

Dec. 23

23

1# Dec. 23

#6 Dec.

#6 D ec

:

Dec;

7

.

6

Jan.

74# May 13
4# Jan. 21

38# Dec.

Dec.

4

55# Jan.
3
1# Dec. 20
7# Sept. 26

1

#, Apr. 22
% May
3
26
Apr.
8

17

9
28

Dec.

28

32

Jan.
Feb.

10# Nov. 21
# Sept. 6

Dec.

Dec.

1

79

112

Dec.
Dec.
Dec.
Dec.

Dec.

5
11
28
27

108

1# Dec. 20

SUM

19

2

64

Ma Sale
IX
IX
42 X Sale

Dec.

26 130

4# Nov.
43# Mar.
3# Feb.

Dec. 28

9

10

Sale
4X
6# Sale

14

2# Dec.
7# Dec. 11

IX
4X

*

Dec.

J*
66

42# Dec. 21
4# Dec. 27

lH

8X

3# Sale
4#
4#
8# Sale

Dec.
Dec.
Dec.

85

Sale

108# Dec.
60
Sept.
# Apr.
e Nov.
20# Dec.

6# Dec.
62# Dec.

Dec.
Dec. 30
Dec.
Dec.

90

93#
5#

5# Sale
Sale

Highest
Sale Prices

1
108# Dec. 26 118# Dec.
72
Dec. 30
65# Dec.
~
10
Dec.
1
9# Dec.
#b Dec.
9
% Dec. 16
.X
Sale
2
20# Dec. 27 25# Dec.

Sale

52 X

45

Lowest
Sale Prices

Sale

25

5#

Highest
Sale Prices

110

Sale
a

Lowest
Sale Prices

Ask

10

4

*
100
Club Aluminum Utensil com.*
Cockshutt Plow Co Ltd
*

-

118#

Dec. 30

Ask Bid

'

Sale
Sale

7% Sale
50 # Sale

com

Cohn & Rosenberger com

Bid

72

"7H "T"

Clinchfield Coal

20,125 Community P & L $6 1st pf.. *
Community Public Service—
Common
25
31,725
.1
12,700 Community Wat«r Serv
Compo Shoe- Machinery*4-——-—
V t c ext to 1946—'
1
14,300

1,000

Ask

Cleveland Tractor com

w

900

Bid

36

Cleveland Elec Ilium com—

85,800 Colon Development Co Ltd.Is
6,200
6% convertible preferred £1
77,500 Colorado Fuel & Iron warr
43,950 Colt's 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—
W ait ants
367,100
8,875 Commonwealths Distribut—1

3,350

Dec. 1

1939

STOCKS

5,850
23,900
11,700
26,400
16,675

900

1,700
4,400
2,100

YEAR

Jan. 3

1939

Shares

RANGE FOR

Price

YORK

CURB EXCHANGE

Months

6

,

17# Dec. 13

Sept. 18
#g June 22

14

35

23

Jan.

Dec. 23
# Jan. 20

13# Apr.

11

17# Dec.

13

37

30

37

30

Conn Gas & Coko Security—

S3 preferred
*
1
13,400 Consolidated Biscuit Co
58,150 Con Gas E L & P Bait com—*
25

-

1,200
4,700

4 # % series B pref
1,910
100
1
50,400 Consol Gas Util com
18,400 Consol Min & Smelt Ltd——5

40

4,400
1,350
4,300
160
100

3,300
490
100

2,000

24,700 Cons Retail Stores Inc com—1
490
8% preferred—
100
10
15,500 Consol Royalty Oil
123,800 Consol Steel Corp common—*
4,100 Cont'l G & E 7% pr pref...100
1
8,000 Continental Oil of Mexico
58,100 Cono Roll & Steel Fdy com—*

7,710 Cook Paint & Varnish Co—

600

3,100
800

3,800
12,400
200

1,300
70

7,100
700

Cooper Bessemer Corp com.
S3 prior preferred
Copper Range Co
Copperweld Steel com—
Cornucopia Gold Mines
Corroon& Reynolds
$6 preferred A
3,340
176,600 Cosden Petroleum com
5% preferred
22,980

81,000
6,700
36,550
80,500
24,500
18,300

5#

6#

o

72

Sale

Sale
2X
Sale
81#
118# 117
1
IX
IX
37
Sale
36#
3X

80

117

#

59%

Sale
59 #
Sale

3X

IX
6%
81#

IX
Sale
84

IX

%

^

6

Sale
"2# Dec. 30
3#
Sale
79# Dec. 23
81#
117# 117# Dec. 20 118
Sale
1
Dec. 16
1#
8
39
37# 35# Dec.

3

3X

3#

3
96

9#
7%

*

9#
8#

8# Sale

_

5#

5#

—

nlV'
70
1

6X

6

Sale

99

X
7

9X
9X
5X
16#

IX
75

71

IX
6X

10

Sale"

1#
5#

IX
Sale
a

23

IX

X

7X
9X
Sale

5X
Sale
2

94

**
7
9#

1#
Sale
97

>
Sale
c

10

8#
9#
25# Sale
4# Sale
16# Sale
#
1
1#
2

72

Sale
10#

Dec. 20
Dec. 20

"I# Sale"
11

Dec. .1
Dec. 30
Dec.

6

Dec.

4

Dec.

9

3# Dec.

7
20
11

96

1# Dec. 11

Dec.

1# Dec.
Dec.

21

Dec.

4

16

Dec.

16

Dec.

8

Dec.
Dec.
Dec.
Dec.

8#
22#
4#
16#
#
1#

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

6

21

8K

27

9# Dec. 29

22

9# Dec. 13

8

13
12
28

26

Dec. 30

5# Dec.
4
17# Dec. 14
#Dec. 28

6

2

Dec.

6

Dec. 23
1# Dec. 27
9
Dec. 27

72

Dec.

6

1# Dec.
10

Dec.

1
6

Courtaulds Ltd

1,500
12,400
3,700
11,200
200

5,400
2,000

4,900
264,100
65,400
73,200
2,000
27,100
12,900

500

600
10

200

6,750
720

15,600
600

9,000

100

600

1,200
1,300

Crowley Milner & Co

23,500
5,100
55,800
5,210
127,950
10,100
25,700

25c

Daroy Petrol Corp
Davenport Hosiery
Dayton Rubber Mfg

.5
*
1

Class A

_35
1

common

1
*

6,100 Detroit Gasket & Mfg Co

1
20
1

6% preferred w

10

Sale

Sale

IX

Sale

IX

w_.

Detroit Gray Iron Fdry com.
Detroit Mich Stove Co

400
500

2",000

1

1
*

49

\4M
50

2#
54

110#

16

25

7

7X
15
Sale
27
Sale

i* Sale
a**
2
7#
14#
2

2#
30

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

20#

4#
16

15#
23

1,200
20

3,600
625
200

4,100
3,300

11,400
7,700
5,950
11,600
275

2,800
750

1,800

13,400 Driver Harris Co
50
7% preferred
29,050
3,875
5,400
59,500
21,700
204,700
89,500
77,800
51,375
3,300
30,400
6,650
10,350

For footnotes

see

10

common

Duke Power Co

1
100

Durham Hosiery cl B com—_
Duro-Test Corp common

_

*
1

Eagle Picher Lead Co..
Eastern Gas & Fuel Assoc
6% preferred
4#% prior preferred

10
*

100
100

Eastern Malleable Iron Co..25
Eastern States Corp com

$7 preferred series A.
$6 preferred series B___

page

53.




12

3#

2#

3#

Sale

4#
17#
15#
25

Sale

5

Sale

1#

2

8#
15#

4# Sale
16#
17#
18# Sale
29# Sale
7#
7#
5
4#
2
1#

Sale
Sale
Sale

45

40

10

10#

16#
1X
IX
1#
22#

18

10#
16#
1#
i#

1#
1#
1#
24

_

*
*

2# Dec. 11
54

Dec.

110# Dec.

Dec.

1

1

3
Dec. 19
8
55# Dec.
1
110# Dec.

6# Dec. 30

7"

4

4# Dec. 29

Dec.

Dec.

16# Dec.

17

16

19# Dec. 22
29# Dec. 30
7# Dec. 16

Dec.

23# Dec.
6# Dec.
4# Dec.
1# Dec.

Dec.

14

14

Dec.

1

1# Dec.

8

5

50

10#
17
Sale
n
Sale

10#
16#
1#
1#
1

Dec. 20
Dec. 19
4
Dec.
Dec. 11
Dec.

21

22

3

29#
1#

28#
1#

29#
1#

29# Dec.

1#

31

30

10#
16#
IX
1#
1#

Dec. 26
Dec. 19
6
Dec.
Dec. 28
7
Dec.

Dec.
7
21# Dec. 27 23
r25# Dec. 27 z25# Dec. 27

9#

12#
7#
5#

19
Sale
6#

12#
7#
4#

14#
8
5

12# Dec.
7# Dec.

8

12

12#

U#

12#

11#

12#

11# Dec.

2J#

4

18

4

1

Dec. 27

6# Feb. 24
84# Aug.
1

6

2# Apr.
86

84

Jan.

100

# Mar.
4# Aug.
8# Sept.

29# Dec. 18

11

Apr. 11
Jan. 26
June 30
Apr. 10
Sept.12
1# Sept. 1
70
Aug. 23
# Mar. 31
4
Apr.
1
4# Sept. 14
16# June 30
4# Aug. 23
# Dec. 26
1# Dec. 29
1# Apr. 10
6
Sept. 21

6

Dec.

12

7# July

July
July

u* Sept.

Feb.

4

Apr.

7
Apr. 21
13# Jan. 24
June 19

1

Aug. 24
X July 12
Sept. 5
22# Nov. 15
17

Mar. 22
9

Jan.
Mar.
Dec.
July
Aug.
Feb.
Sept.
45# Sept.
7#
18#
19#
30#
8#
6#
2#

12

19#

67#

75#

21

27

79

76

28#

29#

77

Sale

76
27
110

1#
65

IX

Sale
68

2#

1#
75#

Dec.

10
31

1

Dec.
Dec.
Dec.
Dec.

12#
2#

Sale
Sale

3

Sale

12

Sale

20

Sale

19

Sale

24# Sale

40

Sale

43

Sale

Sale

9

17#
17

19

31# Dec. 29

10#
2#
17#
38#

Sale
Sale

#
14#
14#

4

11 110

11#

14#
1#

1#
20

Dec.

Dec. 27
1
Dec.
Dec. 28
Dec. 14
2
Dec.

2#
6#

1

Dec.

1#
75#
#
2#
6#

#
15
Sale

#
17#

X
'/
Sale

17

Sale

28

Dec.

11

1# Dec. 19
79

Dec.

1

Dec.

8
14

2# Dec. 27
8
7# Dec.

21

2
12# Dec.
3# Dec. 11

27

23

Dec.

11

19

48# Dec.

12

Dec. 29

11# Dec.

6

Dec.

7

4

19# Dec.

7

1

19

7

# Dec.
14# Dec.
14# Dec.

4

1

Dec.

Mar. 22
Nov. 24

21# Feb. 21
8# Dec.
8
9# Mar. 31

Dec. 27

Jan. 27
14# Sept. 11
May 10
5# Nov. 6
83
Oct. 21

26# Aug. 15
8
Aug. 25

77# Dec. 14

1# Sale
75
77#
%
1
2#
2#
6#
6#

Nov. 22

17# Aug. 3
2
Sept.11
2# Jan.
4
2# Sept. 11
31# Jan.
5
29# Apr. 26

1X Nov. 17

4

13

Sale
Sale
1#
2#
6#

Sale
7

5

Dec.

4
29
22
27
15
23
6
5

11

30
64

5

65

18
28
7

4
4# Jan.
56# May 29
111# Aug. 30
1# Sept. 6
8# Sept. 11

Aug.
Sept.
Sept.
Sept.
Apr.

14
Jan.
1# Apr.

29

28
Sept. 11
9# Jan. 16
# Mar. 3
3
Jan. 21
3
Feb. 17
11
July 31
Nov. 20

23# Apr.
5
Apr.
4
Aug. 29
1# Aug. 26
35# June 15

1

26

Sept. 25
Sept. 25
Sept. 8
Nov. 21
June 12
Mar. 15
90
Mar. 15
2# Sept. 6
13
Sept. 5

Jan.

3# July
14# Jan.
9

July

13#
27#
8#
18#
1X
3#

# Aug.

2#
45#
107#
1#

4

12# Dec.
4
3# Apr. 27

12# Dec.
8# Dec.
6

Dec.
# Sept.

9
13# Sept. 27

4#
15#
3#
10#
#

14

3

Jan.

Aug. 17
1# Sept. 11
8# Sept. 11

98

Mar.

1# Jan.
3
Apr.

60

6#

Duval Texas Sulphur

1# Dec. 18
17# Dec. 30

22

Dec.

...100

Dubilier Condenser Corp

7# Dec. 20

Dec.

Sale

7#

*
40 Dominion Textile Co com
200 Dominion Tar & Chemical.._*

*

1

2

14

Sept. 21 121 # June 22
# Apr. 12
1# Oct. 13
Jan.
4
35# Dec.
8 60

10

1#

v

7# Dec. 29
23# Dec. 11
7
5# Dec.
5
# Dec.
2# Dec. 26

1

39

5

3,105 Draper Corp

1
27
23
26
29
12

17

6# Sale
7#
14#

10
*

—

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Sale

10

100
,7% preferred
2,675 Diamond Shoe Corp com
800 Distilled Liquors Corp

210

IX

1

6#
21#
5#
X
1#
1#
6#

Jan.

7

3#

.

Detroit Paper Products

22# Sale
5# Sale
# Sale
1#
2#
1# Sale
7#
7#

2# Dec. 30
71
111

Apr.

Distillers Co Ltd—•

5,000

Sale
#6

17# Sale

*

Detroit Steel Products
200 De Vilbiss Co common

"""25

ik
6#

5X
X

*
5

Dejay Stores Inc common
Derby Oil & Ref com
A conv preferred
210

3,200
33,000
10,300
10,800
16,800

Sale

Sale
Sale
3#
Sale
Sale

3

com

Crown Cent Petrol (Md)
Crown Cork Internat cl A—

Decca Records

Sale

2%
9X

-

250 Curtis Lighting Inc com
950 Curtis Mfg Co (Mo)

400

2,800

6#

23#
7#
X

com

7% conv preferred
25
.1,880
3,300 Crystal Oil Ref Corp com
*
S6 preferred
—10
1,100
*
5,300 Cuban Tobacco common
*
41,300 Cuneo Press com
6 X % preferred.
100
1,360

"""200
3,100

dep rets for ord stk reg

46,000 Crown Drug common

1,900
125

Am

Creole Petroleum

Crocker Wheeler Elec MfgCroft (The) Brewing Co

Jan.

*

Dec. 28

5#
94#
X
6#
8#

70
10

Jan.

*

Jan.

19

July

17

62

Apr. 19

10

Apr.
Aug.
Apr.
Sept.
July
Dec.

105#
1#
61#
#
2#
5

8 33# Oct. 25
Dec. 11
19 110
1 # Mar.
11
1
79
Dec.
8
1
2
Jan.
6
25
14
5# Jan.
7

Mar. 31

7# Apr. 11
1
Apr. 25
6
Apr.
8

9# Sept.

9

16

June 15

14# Sept. 6
5# Sept. 12
25# Sept. 13
48# Dec. 12

5#
#6
10#
10

Apr.)
June
Apr.
Aug.

24
24

10
29
14
24

12

Oct.

a# Sept.
Sept.
Sept.

13

8
8
8

u

NEW

YORK

CURB EXCHANGE

AGGREGATE
SALES

Shares

6,700
400

6,700
141,400
7,000
2,200
1,050
400
900

2,800
1,500
50

4,000
1,700
1,250
9,200
1,800

230,100
17,500
16,650
54,600
10,400

"""200

1,100
98,200
4,960

380
300

1,100
21,900
1,625
6,800

7,500
510

300

5

Ask

Bid
3 54

Sale

Dec.

Bid

X Ask Bid
3%
3X
354

18

"I
154

154
Sale

*
*

66
60

Sale
Sale

Electric Power & Lt 2d pf A__ *

26

Sale

17

IX
7%
6654
5654

Sale
Sale
Sale

154
754
6654

Saie

Option warrants...
Electrographic Corp com.----1
Electro] Incvtc
-1
Elgin National Watch Co—15
Empire Dist Elec 6% pref-.lOO
Empire Gas & Fuel 7% pf-100
8% preferred
100
6% preferred
.100
654 % preferred
100
Empire Pow Corp part stk—*
Emsco Derrick & Equip Co—-5
Equity Corp common
10c
$3 conv preferred
1
Esquire Inc
1
Eureka Pipe Line
50
1
Brewing
-.1
Fanny Farmer Candy com—1
Fansteel Metallurgical Corp..*
Fedders Mfg Co common
5
Fed Compress & W'ho use—25
Fiat Amer dep rets
Fidelio Brewery
1
Eire Assoc of Phila
10

Fairchild Aviation com
Falstaff

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

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

30
Ask
Sale

1854
154

354 Dec. 12
Dec.

454 Dec.

'1

IX Dec.

1

18

1854 Dec.
154 Dec.
834 Dec.

27

Dec.

5

68

5954 Dec.
1754 Dec. 30
234 Dec. 19

Sale

5754 Dec.

6

Sale

15

Dec.

21

434
534
1034
1034
IX Sale

JH

154

1634
254
1254
154

20

Sale

2454 Sale

50

59
Sale

67

62

62

64

61

Sale

61

63

3%
18
10 X

7X
21

434
634

Sale
20

Sale
Sale
Sale

454
Sale

3

1354

"76"" "85"
Sale

66

Sale

6754

64

Sale

60

64 X
25 X

Sale

61

27

27

Sale

10£

Sale

2354
454
2254

Sale

12

Sale

10

Sale

2554
Sale

2354

754
754
2354 Sale
1254 Sale
654
754

7154

6654
70
1054
Sale

24

1054 Sale
754 Sale
2354 Sale
1254 Sale
6

Sale

4

13

11

51

Feb.

9

55

Sept.

5

13
1

Dec.

1

Dec.
74 X Dec.
Dec.
75
73 X Dec.

64 54 Dec.
2554 Dec.

1

74

Dec.

16
10 54 Dec. 29

27
12

Dec. 30

64

71

Dec.

5

Jan.

11

54

Dec.

8
4

.6
11

1

7

Dec.

12

8

2334 Dec, 29
13
Dec.
1
7
Dec.
4

Dec. 21

31
2

Feb.

1154 Dec.

1
954 Dec.
754 Dec. 30
2134 Dec. 15
11
Dec.' 16
6

53
52

454 Dec.
Dec.
23

13

4

,

11

Me Dec.
2554 Dec.

Ma Dec. 21
.2354 Dec. 27

2254 Dec.

10
11
10
29
28
10
Jan. 24
X Sept. 1
1854 Apr.
6

15

Dec.

1

17

634 Apr.
Apr.
50 54-Apr.
14 X June
254 Dec.

Dec.

14

64 54 Dec.
Dec.
65

71

Jan.

134 Dec.
2554 Dec.

Dec. 30

2354 Dec. 21

Sale

54
2554
454
2254

254 Dec. 28
13 54 Dec. 13

Sale

64 X
65

11

59

Dec.

5954

22 h
1034
Mi Sale

7
7
29

7

354
14 54

20 h
H)

1

66

Dec.

254 June 29
1454 Apr.
8

7

Sale

5854

71

14
6

Sale

254
.*13 54

...

30

53,200
9,025
2,325
6,500

Dec. 1

1939

2,703,700 Electric Bond & Share
$6 preferred
111,100
35,500
$5 preferred

500

1,630

1939

Jan. 3

STOCKS (ContinuedJ)
Par
47,300 Easy Washing Mach class B_*
5,950 Economy Groc Stores com—*
1
70,700 Eisler Electric com

6,750
20,100
8,600
28,000
5,525
1,750

YEAR

Price

YORK

Shares

26,045
13,845
8,355
2,000
2,450
16,900
210,300
12,400
81,200
2,850

7,075
4,225

RANGE FOR

PRICES IN DECEMBER

NEW

CURB EXCHANGE

12 Months
December
1939
In

Feb.

5

754
X
6954

954
Sale
Sale

12

Sale

74
66

Sale
68

99

Sale

93

94

22%

Sale

1654
1734

1754
1 854

254
154

254
154

23

24

9

1054
Mb Sale
6754
6854
1554 Sale

4
854 Dec.
4
Me Dec.
67 34 Dec. 26

Dec. 21
Mb Dec.
1
70
Dec.
6
1554 Dec. 28
9

9654
1654

Dec.

1

Sale

108

12

Aug. 24
Sept. 7
2
Oct.
6
Jan.
Apr. 10

99

Dec.

1 108

Sale
Sale

4 10154 Dec.
9354 Dec.
17 54 Dec.
1554 Dec. 27
1734 Dec. 28
1754 Dec.

1654

1754

254

Sale
154

Dec. 30

12

8
18

71

June

5
8

7454 Dec. 11
Dec.

11

2754 Aug.

7

Nov.

12

Sept. 9
30
Sept. 11
834 Jan.
3
23
Dec. 11
1

Feb. 24
6

16

834 June
2454 Aug.

1454 Nov.
Oct.

9
3

6

Dec. 30

5054
1454
16

Oct.

71

2554 Dec.

11 108

5

54

6

1
26
31

2

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

654

Feb.

65

2954 Jan. 20
554 Jan.
5
1454 Aug.
2
254 Nov. 27

35

Nov.

7
56

1

7354 Dec. 11
74
Dec.
9

33

1154
Me Sale
61
62^
11 % Sale

9

Mar.

2

1234 Jan. 20
7254 Mar. 10

75

2154 Feb.
6
Apr.
54 Apr.
23 34 Dec. 27
334 Aug. 14
1554 June 14
954
654
1854
434

454 Dec. 14
Oct. 28

19

1

10

10'

May
1034 July
May
Oct.
71
1554 Dec.

8 10154 Dec.
Jan.
23
Jan.
23
6

28

31
28
12

5

5

Ford Motor Co Ltd—

10,000
300
200

2,200
1,800
8,900
225
200

250
30

2,100
500

2,000

~7~, loo
100
20

350
100

4,000
610
500

Amer dep rets—Ord reg £1
70,600
1,500 Ford of France Am dep rets—
4,500 Fox (Peter) Brewing Co——5
Proedtert-Grain & Malting—
Common
--1
17,300
Partic conv

17.950

preferred——15

106,000 Fruehauf Trailer Co
3,000 Fuller (Geo A) Co com
S3 conv stock
4,400
4% conv preferred
2,125
130 Gamewell Co $6 conv pref
2,000 Gatineau Power Co com
5% preferred
530
23,300 General Alloys Co

300

175
675
20
300
470
400

200

29,400
300

1,700
30

■3,200
500

775

1,200
600

4,500
300

1,325
800
-

1,100
700

7,700
4,200
20,200
40

1
*

100

400

2,000
700

1,800
700

1,100
2,200
1,150
14,100
1,600
400

1,500
100

150

1,600
3,500
800

1,400
4,200

28

1054
1754
Sale

254 Dec.

4

154 Dec. 13

234 Dec. 20
Oct.

1

2

16

15

1054 Jan.

654 Mar. 29
17
iJan. 25

954 Dec.
1754 Dec.
2734 Dec.

4

1054 Dec. 19

4

1

1754 Dec. 28
2934 Dec.

Feb.

10

Mar. 27

29

Apr.

43

Apr.

8
3

8554 Nov.

3

19

Dec.

5

20

Dec.

12

2554 Dec.

5

2654 Dec.

13

3954 Dec.

5

41

Dec.

26

Aug. 24
1734 Jan. 26
34
Jan.
3

8554 Dec.

19

8554 Dec.

19

83

1054

1/4

154

1754
13 X

18*4
14

1454
1254

1354

1434

36

47

40

"154
15

14 54

1 4 54

Sale

15

Mar. 20

154 Dec.

19

154 Dec.

7

14 X Dec.

11
4

14 54 Dec.
14 54 Dec.

18

1354 Dec.

7

48

1234 Jan. 16
7654 Nov.
6
54 July
5

16

Mar. 13

95

Aug. 17

1254 Oct.

5

19

Mar.

8

Jan.

27

7

5

W*
55*

Dec.

42 54 Jan.

1554

"154 "i"54

July 17
Sept. 14

11

47
1

2%

65

54

56

45

60

IX
Sale

54

54

154

75

77

49 X

51

J*

J*
75

5154

52

5154 Dec.

1

154
6954
51

154
74

73

52

Dec.

20

8

6254 July

9

74

Dec.

3354 Apr.
34 Sept.
154 Apr.
6254 Apr.

28
25
1
1
29

52

Dec. 20

4654 Apr.

Dec.

55

34 Dec.
154 Dec.

5

234 Sept. 12

5

7954 Dec.
40
Dec.

:

Dec. 20

55

7954 Dec.
8
37 54 Dec. 26
34 Dec.
6
154 Dec. 12
70
Dec. 13

Sale

15

Me Dec. 30

54. Sale

Sale

42

Dec.

iba Jan.

X
50 X

25

26

1954
.

Oct.

30

26
41

39

1034 Dec. 19
19
July 17

14

19

1554

3854

434 Mar. 9
May 27
Mar. 13

30

1234 Dec. 29

2454

19
2554
3954

24,

13 X
Sale
2

—

34.700 Hall (C M) Lamp Co
3,500 Haloid Co
350 Hamilton Bridge Co com—
525 Hartford Electric Light

36,000 Hartford Rayon com vtc
4,210 Hartman Tobacco com
32,450 Harvard Brewing Co

5
5

.*
25
1
*
1

15,700 Hat Corp of Am cl B com
1
Haverty Furniture Cos—
Conv preferred
10
*
19,500 Hazeltine Corp
*
21,100 Hearn Dept Stores common..5
6,600
6% conv preferred
50
25c
167,000 Heel a Mining Co
*
7,900 Helena Rubenstein Inc.
Class
^
4,550
...

5,000 Heller (W E) & Co common. .2
7% preferred w w_
25
2,050
7% pref ex-warrants
25
1,050




17 54

Sale

1054
1754

12X

—

Hewitt Rubber Corp com

5

Heyden Chemical Co.
10
Hires (Chas E) Co class A—_*
Hoe (R) & Co class A
.10
Hollinger Consol G M
5

53.

10

88 X

8,400 Godchaux Sugars class A
*
Class B—
*
21,400
570
$7 preferred
*
56,500 Goldfield Consol Mines
1
*
3,700 Gorham Inc class A com
3,900
$3 preferred.
*
13,000 Gorham Mfg Co common—10
8,500 Grand Rapids Varnish Corp..*
40,300 Gray Manufacturing Co
10
4,375 Gt Atl & Pac Tea 1st pref—100
29,850
Non-voting common stock.*
12,450 Great Northern Paper Co—25
45,700 Greenfield Tap & Die com
*
Grocery Stores ProdCommon
25c
15,500
Grumman Aircraft Engineering
209,600
Corp common
-1
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 Gypsum Lime & Alabastine..*

page

17
21

-

254 Dec. 20
5
134 Dec.
zlOX Dec. 12

6
5
28

49

Mb Dec. 30
Oct. 30

8

Dec. 20

1I» Sept.

12

80

Nov.

6

52

Jan.

9

154 Oct. 18
6
254 Feb.
82
Aug.
3

5254 Jan.

18

Rubber—

—

see

16
19

18

Sale

954
1754
2754
1854

*

—

For footnotes

SX

*

6% preferred A
100
2,020
2,410 Gen Water Gas & Elec com—1
$3 preferred
*
3,025
*
14,950 Georgia Power $6 pref
$5 preferred—
*
330
—*
9,150 Gilbert (A C) Co com
Preferred
*
1,630
*
1,200 Gilchrist Co
Gladding McBean & Co
*
200
*
226,400 Glen Alden Coal Co

1-5,200
18,100
2,000
18,900
41,600

IX
17 X
11X

«1

100
*

Warrants
25,700
1,440 Gen Outdoor Ad'v 6% pref-.lOO
*
2,700 General Pub Serv $6 pref
—*
3,100 General Rayon A stock
1
31,800 General Shareholdings
$6 conv preferred
*
5,795
General Telephone Corp—
S3 conv preferred
*
7,000

'"""50

\».

Sale

.

3,400

Sale

35 X

General Elec Co of Great Brit
American dep receipts
£1
13,900
25,700 General Fireproofing com— — *
*
690 General G & E $6 pref B
1
25,100 Gen Investment Co com
S6 preferred
*
400

General Tire &
90

1

354

■¥&

99

Dec.

85 54
6

Dec.

7

554 Dec.
37
Dec.
4 54 Dec.

Dec.

28

Dec. 15
9554 Jan. 14 105
8
4
854 Dec. 20
Apr.
39
6
July 29
31
Jan.
4
9954 Nov. 28
7954 Jan.
7
65
Jan. 12
8554 Dec.
Jan.
5
7
8
354 Apr.

45

Dec.

28

28 '

Dec.

5

Dec.

554 Dec.

7

Dec. 30

Dec. 22 105

103

6X

854

954

'7754 ~78X

9854

9954

554

854

9

Dec.

8

854 Dec. 20
3854 Dec. 13

3734 Dec.
98

Sale

Dec.

98

85 54 Dec.

5X
30

554

32
6X

554
3554
4 54

Sale
37
Sale

6

654

38

45

454

5

5
5

Sale

2854
854

28

854
100

954
.

Mb

2X
20

154
1654

1854

21

24

M

Sale

18

126

6954
3754
7

254
2254
40
102

9254
6

254
854
61

154
X
154
454

854

6

101

6

Sale

954

Sale

Sale

10854 111
41
4054
9
854

Sale
104

98
8

105

25

Sale

254

98

8

132

254

9

25

127

Sale

26

8

ilH

Sale

3854

24

Me
154
1754

8

Sale

Sale

Sale

24

97

54
254

654

234

Me

131

10954
44

854

254

16
Sale
54
Me
54
3854
3954 Sale
111
11254 112
109
10754 110
254
254
5

1554

Sale
954

1454

63 54

67 54

154
X

154
54

Sale
454

554

3 54

154

3 54
15
6954
Sale
54

154
7

534

,54
154

17

2634

132
Sale

4454

854
Sale

20

26 54 Dec.
934 Dec.

7 34 Dec.
100
Dec.

22

Dec.

6

102

6

54 Dec. 28
154 Dec. • 5

Me Dec.
154 Dec.

17 54

15X Dec.
23 54 Dec.
6

5

454 Dec. 21

Dec.

25

15

Dec.

14

2554 Dec. 23

Dec.

7

Dec.

14

954 Dec. 30
5
13354 Dec.

7 54 Dec.
131
Dec.

44

Dec.
Dec.

22

9

Dec.

7

Dec.
Dec.

111

854 Dec.
254 Dec. 23

254 Dec. 23

108
40

1
1554 Dec.
1734
8
54 Dec.
54
Sale
3654 Dec. 11
Sale
3934
112 54 11154 Dec. 20 112

Sale

14

Dec. 11
Dec.
8
Dec. 28
Dec.

26

654 Dec.

14

Dec.

7

6954 Dec.

5

112
5

Sale

334 Dec.

12

14

14 54 Dec.

67

70

68

4*
19

Dec. 22

1 54 Dec.

1

154

1 h

54
154
654

3f
Sale

54 Dec. 21
154 Dec. 18

Sale

6

Dec.

15

15

134
34
154
654

Dec.
7
Dec. 16
Dec.
5
Dec. 28

Dec. 28

6

45

454 Nov. 27
5
Dec. 20
354 Apr. 10

6

Jan.

5

5

Dec.

20

10

10

33

Feb.

Aug. 21

16

Sept. 12

E'eb.

2154 Apr.

of*

June 28 102

Mar. 25
3
154 July
1354 June 20
1954 Sept. 7

Sept. 11

Oct.

7
31

8
Mb Feb.
5
234 Jan.
1834 Sept. 28

27

Nov. 24

Apr. 12
854 Aug.
5
12 54 F'eb.
754 Dec.
12434 Mar. 22 13354 Nov.
June
3 119
6954 Jan.

5

11
15
22
26

Nov. 17
Apr. 12 x45
454 Aug. 25
1154 Oct. 18

33

154 May
12

54
2954
10354
9554
454

Sept.
Jan.
Apr.
Jan.
Jan.
July

2

254 Nov. 15

1
2254 Jan.
3
20
54 Feb.
6
10 4554 Oct. 19
1
26 11254 Aug.
5
11 10954 July
5
July 18
17

154 Apr. 10
854 Jan. 23
154 Apr.
6
61
Sept. 20
34 Mar. 20
54 Dec. 21
1

Jan.

13

4

Jan.

11

654 Dec. 14
Nov. 27
4
Mar. 27
6954 Dec.
5
254 Sept. 27
34 Sept. l2
134 Sept. 14
954 Oct.
2
15

23

2954
554

Sale
Sale

29
3 54

19

954
354
754
854

Sale
4%
9
Sale

6 54

454
854

Sale

28

Sale

254
1654

21

Sale
5

854
Sale

634

434
854

2954
Sale

2554 Dec.

1754
Sale
554

17

834
854

16

254 Dec. 21
Dec. 29

654 Dec.
4 54 Dec.

15
4

24

854 Dec. 27

854

Sale
14

41

60

Sale

46

56

46

754
1454

?54

Dec.

5

19

6
654 Dec.
554 Dec. 12
834 Dec. 16

9

Sale

854
1154

14

854 Dec.

1

15

29

Dec.

1

2654 Dec.
Dec.
24

Sale
12

9

Oct.
Oct.

954 Jan.

Mar. 31

30

Apr.

68

43

Sept. 15

12 54

Dec. 20

1354 Dec. 27

Sale

60

Dec.

68

51
954
Sale

4654 Dec. 15
854 Dec. 29
1034 Dec. 16

Dec.

24

7

Jan.

12

14

354 Apr. 10
9
Sept. 23

3

17
4
18

20
9

2834 Aug. 15

26

Sale

854

m

Jan.

5054 Dec. 22
2
954 Dec.
2
1154 Dec.

1234

1154

554 Jan.
2254 Jan.

26 54 Jan.
1534 Oct.

1

68

1

Mar. 14

2

4754

12

38

36

21

1

Dec.

8

Mar. 15

8
2
1134 Aug. 24
5.54 Sept.
1
3 54 Feb. 17
6 X Apr. 11
654 Sept. 26
2354 Apr. 14

1

24

854

23

Apr.
Sept.

Dec.

354 Dec.

29

2534 Dec.

854

Mar. 15

20
24

Dec. 26

5034 Dec. 22
1054 Sept. 13
1554 July 12

NEW

jan., 1940]

45

EXCHANGE

CURB

YORK

AGGREGATE

16,300
7,600
100

1,200
650

""loo
2,400
400

8,600
15,500
10,500
300

19,100
1,500
700
300

2,300
260
160
910
100

700
300
375

5,600
800

2,500

STOCKS (Continued)

275 Horder's Inc
*
1,300 Hormel (Geo A) & Co corn1,000 Horn (A O) Co common
*(
*
17,225 Horn & Hardart common
650
5% preferred
100

1,400
40
300

Jan. 3
1939

Par Bid
12
15,200 Holophane Co Inc common..*
600 Holt (H) & Co class A part—*
7%

Shares

YEAR

3,200 Hubbell (Harvey) Inc
5
182,500 HiRnble Oil & Refining
.*
52,400 Hummel-Ross Fibre Corp
5
900 Hussman-Ligonier Co
.—*
5,000 JHUyler's of Del common
1
9,250
7% preferred stamped—100
500
7% pref unstamped
100
6,200 Hydro-Elec Secur common—*
33,000 Hygrade Food Prod
5
5,550 Hygrade Sylvania Corp— —
*
60,200 Illinois Iowa Power Co
117,500
5% conv preferred
50
Div arrear ctfs
84,800
725 Illuminating Shares Co A—-*
Imperial Chem Indus Ltd
2,610
dep rets ord reg
£1
165,000 Imperial Oil (Canada)
*
19,100
Registered
-*
24,900 Imperial Tobacco Co of Can—5
16,620 Imp Tob of Gt Brit & Irel—£1
11,500 Indiana Pipe Line
10
1,780 Indiana Serv Corp 6% pref.100
1,700
7% preferred
100
4,540 fnd'polis P & L 6%% pf—100
Indian Terr Ilium Oil Co—
7,200
Non-voting class A
1
Class B stock
1
5,200
1
1,500 Industrial Finance vtc
2,430
7% preferred
100
10
58,000 Insur C o of North Amer
12,000 Internat Cigar Machinery
,'*
52,900 Int Hydro-Elec $3.50pref...50
'A'' stock pur warrants
2,400
_1
68,200 Internat Industries Inc.
.

Ask

Dec. 1
Bid

12%

12%
8%

29

3

1%

a?*

31%
3

29

1%

Ask

13%

highest

Lowest

Hughest

Sale Prices

Sale Prices

Sale Prices

Dec.

13

32% Dec. 13
Dec.

110

t
11

5%

j*
8*
9

23%

6%

6
2

'7%
Sale
Sale

2% Sale
Sale

20
56

16% Sale
16%
17
15%
15%
29%
31
6% Sale

11

11

12

Sale
58%

12%

Sale

4%

7

12

13

11%
22%
5%

12%
25
5%

7%

Dec. 23

% Dec. 13
7
6% Dec.

3

2%
28%

Sale
29

2% Dec. 27
1% Dec. 20
28% Dec. 28

103%
1
1

*A

1%
1%
%

"66% Sale"
23% Sale
18 % Bale

1

Sale
Sale

1
,

%
10%
69%
21%
13%

Dec. 14
14% Dec.
65% Dec. 30
5% Dec. 15
11

Dec. 23

% Dec. 13
7% Dec. 26

'

2% Apr. 28
14% Apr. 11

1

5

59

Dec.

5

May 18

12%
12%
12%
22%

Dec. 11
2
Dec.
Dec. 30
4
Dec.

59

58

60

11%
11%

12%
23

5%

Sale
12%
Sale
24%
6

Dec.

11% Dec. 21
11% Dec. 28

11% Dec. 21
4
22% Dec.
6
5% Dec.
Dec. 21

Sale

14%

9% Dec.
Sale
Dec.
111% 110

111

%

7

1

%
9%

9

70% Sale
21
21%
13%
14

1

29

Dec. 21
Dec. 30

6

15

9

Dec.

12

>68

Dec.

7

21% Dec. 20
12% Dec. 27

Mar. 31

5% Apr. 10
11% Sept. 28
11% Dec.
10% Sept.
19
Sept.
5% Nov.
5% May

14% Dec. 30

8 111% Dec.

% Dec. 29
% Dec. 22
54 Dec. 12

1

2% Dec. 27
2% Dec. 29

7
14
8

1

1%
%
11%
Sale
22%
14

33% Dec. 28

9% Apr.
1 15% Nov. 2"
8
Mar. 17
7% July 24
11% Jan.
5 12% July 10
Sept. 5
Apr. 11 31
3
Mar. 22
Sept. 7
Sept. 6 39% Jan.
T
108% Apr.
1 l12 % Aug. 18
14% Dec,
4
9% Apr. 18
Sept. 552% Aug. 24 71
2% Aug. 30
5% Sept. 27
12
Jan.
5
9% Apr. 12
% Jan. 18
% Nov.
8
5% Mar. 31
9% June 24
9
Jan.
18
6% Nov. 24
4% Mar. 14
2% Dec. 27
3% Sept. 8
1% Apr. 10
20
Apr. 10 31
July 26

Dec.

2% Dec.
19% Dec.
4% Dec.

1%

6

3% Dec.
24% Dec.
5% Dec.

1

3% Sale
23% Sale
5%
5%

15

9%
111%

Dec..

8

2

3

2%
28%

24

3% Sale
18% Sale
5% Sale

65% Sale
5% Sale

7'

13

14 110

4
14% Dec.
60% Dec. 13
5% Dec. 26

'%
6

Sale

2

Sale
12"

11

4%

5%
4

Sale

65

Sale

6

31%
2%

Sale

33

37% Sale

Lowest

Sale Prices

Dec. 30

' Ask Bid
14
12%

2

%
1%
%
10%
73%
21%

Dec. 29
4
Dec.
9
Dec.
6
Dec.
Dec. 20
Dec. 19

14

Dec.

100

S

28

21
23

Jan.

17

Apr. 13
Apr.
8
Sept. 1
Apr. 10

6

17*

32", 800
34,100
500

1,800

1,600
800

12,000
200

1,900

10,700
Registered
*
28,000 Internat Products common....*

7,000 Internat Safety Razor cl B—
6,900 Internat Util class A
Class B
47,900
5,800
$1.75 preferred
$3.50 prior preferred
4,600
700

"

5*900
4,900
1,300
325
500

2,550
1,700
2,100

7,000
2,900
150
190
420

6,200
2,500

36,800
76,300
5,600
8,145
21,800
22,300
77,600
11,900

4%

Sale

26%
3%

27%
3%

%
7%

%
16

*
*

31%
Sale

International Vitamin
1
Interstate Home Equip com—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
*

Jersey Central Pow & Lt Co—
10,600
5% % preferred
100
4,950
6% preferred.....:
---100
4,800
7% preferred.
...100
100
153,500 Jones & Laughlin com
*
3,100 Julian & Kokenge com

178 18*
21%

%

Sale
%

67%

500
100
500

1,500

1,430
57,700
32,750
25,203
1,900
2,800
25,500

68%

4,875
75

400

1,200
100

28,600
2,200
100

2,300

5,300
16,500

37

Sale

Klrkland Lake G M Ltd

""355

4,300
2,300
275,000
157,300
19,200
22,200
1,300
3,750
8,900

600

88,800
23,700
2,000
4,500
400

200

500

1,200

25,100
26,810
21,900
1,825
5,000
700
34,200
10

900

1,250

13,700
4,300
1,200
10

2% Dec. 28
Dec. 27
17% Dec. 21
4% Dec.
2

17

3%
18%
18%
5%

Dec.
Dec.
Dec.
Dec.

Knott Corp common

32

2

2%
%
12%
73%
24%

1%
12%
13%
9% Sale
7% Sale
7%
11%

Line Material Co..

12
Sale

tyi

2%
1%

Sale

ik
89%

33%

34

Dec.

6

July 12
Aug. 23

1

Dec. 27

1

Dec. 21

7

Apr.

10

54 Nov.
6% Apr.
% Dec.

5

4

Sale

4%

Sale

%

50%
3

Sale

5% Dec.
4% Dec. 30

6%

11%
5%

12%
5%

12

60
12%
5%

5%

Sale

3% Sale

23%
3%
71

15%

Sale
Sale

31% Sale

10%
17
9

8

%
1
6%
7%
2% Sale
% Sale
33%
34%

9%
15

8%

"io" "ll"
1%

1%

Dec.

Dec.

Dec.
Dec.
Dec.

2

19
1

2% Dec. 21
1% Dec. 22

2% Sept.

8

3% Sept.
1% Mar.
14
Aug.
10
Dec.
15% Mar.

3
8
3

10

Dec.

8

8

Dec.

2

8

Oct.

4

95% Dec.

6

54

Feb.

16

July
70% July

10

Jan.

95% Dec.

6
7

11

6

45
Dec.

12

7

5% Dec. 19

47% July 17
13
Aug.
7

51% Mar.

12
Dec.
5% Dec.

7
5

Mar. 31
11% Jan. 23
4% Apr, 11

44% Dec.

2

38

24

1

Dec. 29
19% Dec. 15
3% Dec.
1
71
Dec. 11
8
Dec.
6

7
4% Dec.
71% Dec. 11
10
Dec. 29

57

15% Dec.

5

15% Dec.

5

15

% Dec.

14

6

Sale

1% Dec. 21
54 Dec.
8

SiH Sale

Dec. 30

Dec.
Dec.

34

Sale

x9

1%

29
27

90

9% Dec. 19
6% Dec. 27

Sale

1%

Mar. 9
Sept. 7
Aug.
9
Jan. 13

56
Jan. 20
38
Jan. 10
1 % Apr. 10

12

83% Dec. 21

May 24
July 13
Jan. 16

4
8

10% Dec. 19
Dec.

15

1% Dec.

5

7

Dec.

Dec. 20

2% Dec.

1

% Dec.

1

Dec.

10% Dec.

7
9

Dec.

4

35
11

18% Dec. 27
5
1% Dec.

July
8
19% Dec. 15
2
Apr.
8
Jan.

19

7% Oct.

11

Sept. 29
8% Sept. 29
% Apr. 13
6

Dec. 30

1% Aug. 31
54 June 29
22
Apr. 11

7

Jan.

50% Jan.

16

8
7

4% Nov.
8
71% Dec. 11
*1% Apr. 25

17% May 24
May 15
1% Sept. 29
8% Jan. 13
4% Sept. 11
% Sept. 7

11

25
20
17
Feb. 17

37

Oct.

8

15

Jan

9

17

Feb.

Apr. 10
Sept. 11
16% Nov. 4
1% Apr. 12

23

2% Sept. 12

23% May

25% July 27
Jan.
9
22
9
13% Dec.
36% Feb. 24
10% Nov. 14
Aug.
3
42% Dec. 29

22
13

5
1

Sale
9

is*

29

Sale

13
Sale

9% Sale

1% Sale
25%
27

325-

20% Sale

29

Sale

1%

Sale
7% Sale

$6 pref
*
Lucky Tiger Combination... 10
5

6
4 98% June
Jan.
9 102% June
6
6
86% Jan.
5 107% June
17
Apr. 10 48% Sept. 27
June 26
22% Mar. 27 30
67% Jan.

Dec.

Sale

11%

3

78

12

6*

10%

11

Dec. 12

12

18

"1% "2%

Apr.
14^ Apr.

2% Aug. 25
% Sept. 29
11% Apr. 20
7% Apr.
8
6% Sept. 2

m
10.

13%

16%
9%

24

112% Mar. 22 118%
21% June 7 22
4
6%
Apr.
1
7
9
4% Dec. 30
5%
5% Sept. 7
111
ib.
105
Fel
19
%
% Sept. 5

6

% Dec. 11

1% Dec. 19
2% Dec.
4
1% Dec. 28

Jan.

Nov. 30
»»«Feb. 23

10

% Dec. 14

Sale
4
Sale
Sale

4

Jan. 20
Sept. 12"

10

Dec. 30

65
2

7

27
6

18

6

Dec. 19

47%

9%

Louisiana P & L

Lynch Corp com

Dec. 26 117% Dec.

116

65

10

8

4
89
Dec. 28
89% Dec.
7
96
Dec. 28
98
Dec.
7
103% Dec. 29 105% Dec.
31% Dec. 27 36% Dec. 14
8
8
27% Dec.
27% Dec..

68

60

24

2% Dec.
1% Dec.

*

.

258,500 Majestic Radio & Tel Corp..
64,300 Manati Sugar opt warr.
6,700 Mangel Stores Corp com...
$5 conv preferred.
540
4,000 Mapen Cons Mfg Co..

2% Dec. 28
1% Dec. 27

63

1%
Sale
1%
13%
10%
7%
11%

4% Jan.
27% Jan.

4% Jan.
3
2% Sept. 26

3% Dec. 20
54 Dec. 11
15% Dec. 21
17% Dec. 12
54 Dec. 29

11

89

1%
2%
1%
11%

26

4% Jan.
6
11% Nov. 20j

13

32

86% Dec. 19

84%

Sale

1%
10%

..

Mar. 29

2% Sept. 1
1% June 15

13

92

25

Aircraft....

3

1
7% Dec.
10% Dec. 29

Sale

14
11
16
1
20'

1

ll

Dec.

83^

82%

14

*

Sept.
Sept.
Nov.
Aug.
Dec.

2% Sept. 6
4% Apr. 19
Sept. 8
3% Apr. 10
% Oct. 30
6
15
Apr.

16
7
28

24

6

27

4

17% Dec.

39

1

Long Island Light common.
7% preferred series A_—100
6 % preferred series B
100
Loudon Packing Co com—
Louisiana Land & Expl com.. 1

33%
Sale

h

1%
Sale

32

H

33%

„

29

% Sale

1

%

1%
30

*

19%

5%

A
'A

Sale

2%
%
21
6

*

12%
28%
Sale
10
8%
Sale
1
%
32%
42% Sale
39
39%
29%
1%
1%
1%
5%
4%
103
100%
%
a
Sale
25
13%

29%
%
%
1%

%
%
1%

Sale

10?*
25^

98% 100%

....




17%

A

47

11%

...

For footnotes see page 53.

16

Sale

5

-

Lipton iThos J) class A
6% preferred
Lit Brothers com

Lockheed

Sale

17

94

*
....

Lehigh Coal & Nav
Leonard Oil Development--.25
Le Tourneau (R G) Inc

Lone Star Gas

3
3%
7%
7%
10% Sale
4% Sale
54 Sale

%
92
68
Sale

1

*
-

Nov. 28;

3% Dec. 13
2
7% Dec.
1
Dec.
6
4% Dec.
% Dec. 11
17% Dec. 11
6
18% Dec.
54 Dec. 21

32

100

Lefcourt Realty com
Convertible preferred

June 27

Dec. 27

19

34

20

2% Sale

Koppers Co—
6% preferred...
100
Kresge Dept Stores—
4% conv 1st preferred-. .100
Kress (8 II) & Co spec pref.. 10
Kreuger Brewing Co
1

Class A
Class B

June 27

34

18

116% 120

21

5% Sale
6%
6%

64
2

1

1

Feb. 23
Oct. 17

Dec.

Dec.

32%

88

91

Sale

33

9%

*

com

8
8

% Feb. 25
Mar.
3
% Jan.
6
20
July 18
39% July 18
'is May 25
4% Feb.
&
8
Oct. 25
14% Mar. 23
7% Aug.
2
% Mar.
8
19% Oct. 19
22% Sept. 27
54 Mar. 9

% Dec.
8% Dec.
% Dec.

% Dec.
8

% Dec.
16% Dec.

Sale

%

Marconi Internat Marine—
Communication Am dep ret.
2,100

200

%.
%
8%
9%
% Sale

Sale

20

Klein (D EmilV Co common. _*
Kleinert (I B) Rubber.
-10

525 Loblaw Groceterias class A—
Class B
225
17,700 Locke Steel Chain Co.

1,226,800
157,110
129,600
9,625
27,050
14,500
246,900
1,470
16,300
11,000

89%

Sale
Sale

115% 120

1

84,000 Lakey Foundry & Machine.. 1
330 Lane Bryant 7 % pref
100
11,900 Lane Wells Co common
Langendorf United Bakeries—
275
250

2%
1%

6

1
1

770 Lackawanna RR N J
177,000 Lake Shore Mines Ltd

50

17%
Sale
%

87

500 Kobacker Stores Inc
800

17%
17%
%

97

7

5...
Kingston Products
Kirby Petroleum..

3%
Sale
Sale

104%

5%
8%

3,100
5,300

7%

4% Sale
1% Sale

113%

920

%«
16%
33 *

11

5
24,800 Kennedy's Inc.-.
3,200 Ken Rad Tube & Lamp cl A. *
100 Key Co common.....
——*
420 Kimberly-Clark 6% pref—100
7,280 Kingsbury Breweries com.—1
Kings County
-

3

5%

50

40
10

%
9

2% Sale
17% Sale
17
18%
4%
5%

2% Dec.

Warrants

"2,255

1,000

2% Sale
18% Sale
18% Sale
4%
4%

27% Sale

230 Kansas G A E 7% pref
100
30 Keith (Geo E) Co 7% pref. 100

300

WrfwTW

'~2% "~2% "f% Sale

*
1

Interstate Hosiery Mills .....*,
Interstate Power $7 pref.....*
Investors Royalty Co
1

Sept.
Feb.

16% Mar. 15
16% Ju'y 26

Jan.

—

6
5

-

625 Internat Metal Indus cl A
*
222,200 Internat Paper & Pow warr—
*
246,500 Internat Petroleum com

17

Dec.

59

7%
6 15%
Apr. 19 17
Apr. 12 112%

Mar. 31

Feb.

6% Feb.

14

Dec. 29

6

4% Jan.
25

•

"8,800

1939

Price

NEW YORK
CURB EXCHANGE

12 Months
December
1939
8hares
400

RANGE FOR

PRICES IN DECEMBER

SALE&
In

^

Sale
1'
1%

&

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Dec.

37

43

31

35

1% Dec.
35
Dec.

27%

30

26%

26%

26% Dec.

4%

7

1%

Jan.

9

10

Apr.

8

18% Aug.
7% Apr.
% Apr.

13% Dec.
32% Dec.
10% Dec.

14

Dec.

14

1

42% Dec. 29
39% Dec. 29
8
1% Dec.
1
6
Dec.

100% Dec. 14
5
% Dec.
Dec.

2

% Dec.
1% Dec.
1% Dec.

26

Dec.

19
2

39% Dec. 29

2^

Sept.

5

Jan.

5

103% Aug.
7
Aug. 31
Jan.
4
34

mW,

2

29

Jan.

19% Jan.
1% July
4
Aug.

23% Apr.
% Dec. 27
Jan.
3

1% Apr. 14

35

16

25

Mar. 18

26% Dec. 23

19

Feb.

17

4

Oct.

10.

3

2%
2%
40%
27%

Sept. 23
Sept. 7
Oct. 26

Oct. 27
Nov. 22

6% May 25

NEW

16

December

12

RANGE FOR

PRICES IN DECEMBER
CURB

Months
1939

STOCKS

2,500
29,300
5,500
22,700
20,450

Par

Dec. 1

16

com—

_

Mass Util Associates vtc

*
1

Massey Harris Co common—*
Master Electric Co
1

May Hosiery Mills—
$4 preferred
1,100
*
10,600 McCord Radiator & Mfg B._*
55,200 McWilliams Dredging com—*
*
9,975 Mead Johnson & Co com

5

29,800 Memphis Nat Gas com
6,285 Mercantile Stores Co---

10,800
2,375
67,400
2,950
3,900
230,300
7,900

*

1

Merchants & Mfrs class A

*
*
100

Participating preferred
Merritt Chapman &

Ask

Bid

*

(Continued)

Margay Oil Corp
Marion Steam Shovel

Scott

65*% A preferred
Common stock pur warr'ts..
Mesabi Iron
1
Metal Textile Corp com
25c
570
Participating preferred
15
Metropolitan Edison Co—
225
$6 preferred
*
4,200 Mexico-Ohio Oil Co
45,200 Michigan Bumper Corp
1
53,300 Michigan Gas & Oil Corp
1
2.50
8,100 Mich Steel Tube Prod

15
3

19

4H
2

Sale
2 5*
7 5*
17 % Sale

2**
5
27**

26

Ask

Highest

Lowest

Sale Prices

Sale Prices

15**
18**
2** Sale
2**
25*
25*
25*
45*
5
4**
23** Sale
z22**

k

Dec. 21
Dec.
6
Dec. 16
Dec. 20

3**
25*
5**
275*

Dec.
Dec.
Dec.
Dec.

Highest

14** Aug. 18
July 12

8 \ 2*|
2
6
3
6
145*
5

Feb.

Sept.

Apr.

4

1
13

Sale Prices
17
Mar.
2

55*
25*
75*
285*

Sept.
June
Sept.
Nov.

27
29
12
29

May 29 555* July
6
Apr.
8
35* Sept. 0
17
Jan.
4
Sept. 5
125
Jan. 28 1695* Dec. 21
5
July 18
35* Jan. 30
Oct. 21
14
Apr. 19 23
53

Sale

2

165*

17
130*3 133
35* Sale
16
17 5*

45*

2

Sale

7**

Sale

15*
2
7**
Sale
157
163
159
165** 159
45*
4**
45* Sale
45*
16
16
Sale
16**
195*

3**

55*

15*
8**

3**

Sale

3**

45*

4

4**

45* Sale

4**

5*
1

30**

5*
2**

Sale
15*
38

%
254

38'

42

2**
38

2**
41**

2** Dec. 15
95* Dec. 19
Dec.
2 1695* Dec. 21
5
Dec. 13
Dec. 18
Dec. 30
175* Dec.
5
Dec. 16
Dec. 11

3** Dec.
2
28** Dec. 11
4** Dec. 27
Dec.

z65

Sale

64

5*
5*
2**
375*

7

Dec.
Dec.
Dec.
Dec.

16
23
29

21

35* Dec. 19
Dec.
7
45* Dec. 12
71
Dec.
5
** Dec. 29
5* Dec.
7

29

•

3

Dec.

12

38** Dec. 20

1

7

Oct.

3

**
Sal*

2**

8

8

1
85*
Sale
5

7**
**

3

*7*i ""§**

Dec.
Dec.
Dec.
Dec.
Dec.

6
14
12

29

14

% Dec.

Dec.
5
Dec.
8
Dec.
5
Dec. 16

** Aug.
** Dec.
55* June
k Feb.
25* Jan.

Dec.

27

5*
1/a
5*
75*
%
.

_

5*
4**

%
5**

4**
5*
7**

45*
Sale
Sale

4** Dec. 13
5* Dec.
7
75* Dec. 23

5

Dec. 26
5* Dec. 11
85* Dec.
6

25* Sept. 1
5*5Apg. 28
55* Apt. 10

5

45*

55*

4** Dec. 29

5** Dec. 12

25* Apr.

4**

55* Jan.

6
7

29

Dec.

65*
77
5*
15*
35*

Jan.

9

Jan.

9

7
6
Nov. 14

41

Nov. 13

8 1005*
%
27
5*
24
25*
14
30
95*
2%
17
75*
7

4** Sale
%
^ H
7*1 Sale

3*1

--10

5*6
5*6
5*
7**
5*

£

g

i*

5*

2 5*

7*3

5*

27

Apr. 21
Aug. 24
50 J
Sept.
1
5* May
1
5* July 31
1
Apr. 11
325* Apr. 25
25

93 5* Apr.

113,600 Michigan Sugar common.—
Preferred

18**
Sale

25*
4**

Lowest
Sale Prices

Dec. 30

Ask Bid

Bid

—

8,300

1939

Jan. 3

EXCHANGE

1939

Shares

YEAR

Price

NEW YORK
In

EXCHANGE

CURB

YORK

AGGREGATE
SALES

Jan.
Sept.

Sept. 1
May 15
Jan.
4
Jan.
4

Sept. 25
Sept.
Sept.

6
0

Middle States Petroleum—
Class A v t c new
--1
45* Sale
45,800
Class B v t c new
--1
5*
%
56,700
Middle West Corp common-.5
75*
75*
115,200
Midland Oil Corp—
35*
45*
3,150
$2 conv pref..
*
Midland Steel Products—
14**
15**
$2 non-cum div shares
*
7,500
Sale
103
10,925 Mid vale Co
2
50c
8,700 Mid-West Abrasive Co
Sale
--10
45,600 Midwest Oil CO11
12**
90.Q| Midwest Piping & Supply Co *
3,000 Mining Corp dfYJSft39**
40**
43,150 Minnesota Min & Mfg Co____*
200 Minnesota P & L 7 % pref
100
1,090 Miss River Power 6% pref-100
3
3**
15,500 Missouri Pub Serv common _*
14
14**
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
700

277,250
67,100
900

720

15,300
16,200
1,600
130

Molybdenum Corp
Monarch Mach Tool Co com-*
Monogram Pictures com.
1
Monroe Loan Society cl A
1
Montana Dakota Utilities.-.10

Montgomery Ward & Co A-_*
Montreal Lt Hb & Pow com-.*|
Moody's Investors partie prer_*
tMoore (Tom) Distillery Co_-l
Mtge Bank or Col Am Shs
Mountain City Copper Co__5c
Mountain Producers Corp—10
tMountain States Pow com..*
Mountain Sts Tel & Tel..-100
Murray Ohio Mfg Co —
Muskegon Piston Ring
2.50
Muskogee Co common
6% preferred
100

1st

preferred

7% preferred

England Pow Assn com.
6% preferred-100
$2 preferred
*
2,550 New Engl Tel & Tel Co
100
*
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
425

City Omnibus warrants..

N Y & Hond Rosario M

10

N Y Merchandise Co com.. 10

N Y Pr & Lt $6 pref

7% preferred

1

4,290
616,000
16,710
1,250
Class A warrants
53,300
ClassB warrants
II,800
54,400 Niagara Share Corp class B..5
Class A preferred
460
100
*
83,400 Niles-Bement-Pond com
1
3,300 Nineteen Hundred Corp B

see page




53

1**
2**

2
,

65*

160

39**
/*!

6** Sale
5
5**

26**
5*

7**

Sale

28**

26

k
Sale

4

%
2**
65*

55* Sale

**
4**
5**

4**
26**
5*
3
2**
65*
7**
159**
22**
255*
Sale
**
27**
%

12

Dec.

Dec.

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Dec.

11**
16**

Sale
Sale

10**
15

105*
16**

105*
165*
75*
7

li

5**
5**
5*

..5

14

8

55* Nov. 30

7
12

4** Dec..
115* Dec.

16

55* Dec.
275* Dec.

20
28
5
14

8
2

25* Dec.
75* Dec.
Dec.
235* Dec.
265* Dec.
** Dec.

8

30

i?

37
80

Jan.

14

Mar.

2

Jan.

12

7

Dec.

7

*95
Apr.
Sept. 22 117
2
65*
35* Feb.
145*
9** Apr. 11

110

June 30
8
Apr.
Dec. 28
Oct. 23
6
Oct.

4

** June
55* Apr.
35* Aug.
45* Jan.
** Mar.
1225* Apr.
65* Apr.
95* Apr.
7
May

2
6
24
5

27

Nov. 29

Aug.

3

Feb.

28

75* Sept.

5

Oct.

29

35*
25*
75*
Sept. 30 1725*
Oct. 18

245* Apr.

1375* Dec. 18

11

Jan.

595* July

% Aug.

21

45* Dec.
5** Dec.
9

Jan.

Sept.

10

147

2 1695*

20

905* Aug.
5* Apr.
65* Sept.

35*
145*
**
15*
55*

Dec.

1

185* Sept. 27
1245* Sept.11

Jan.

12

lil

4

28

Jan.

18

Sept.

7

Dec. 26

May 31
June 20

July

25

Nov. 21

July 15
75* Sept. 5
Nov. 20
6

15* July

6 1375* Dec.
11
125* Oct.

29
18

26

12

85*

10**

11**
Sale

8

5*6 .Sale

Sale

10**
11
85* Sale
** Sale

Dec. 15
1
Dec.
Dec. 29

115* Dec.
165* Dec.

1

Dec.

6

Dec. 28

825* Dec. 19

69

Mar. 17

825* Dec. 19

7
Dec. 13

7
5

Apr. 19
Apr. 11
5* Dec. 23

27

Dec. 26

115* Dec.
7
95* Jan. 20
5* Sept. 15
28
Dec. 18

28

9** Sale
11

Dec.

18

Dec. 12 1145* Dec. 30
Dec. 28
\X Dec. 29
2
Dec. 12
75* Dec.
Dec. 21
10** Dec. 21
1~
Dec. • 7
DecT"7
59
Dec.
8
JDec. 12
Dec.
7
Dec. 13 x95
Dec. 11 116** Dec. 11

35* Dec.
5
Dec.

Sale
Sale

136

Nov. 14

28

10** Dec. 22
8

Dec.

1

10

Dec. 26

1

115* Dec.
9

5*6 Dec. 26

** Dec. 23
27

28

Dec. 18

75* Sept.
13

40
7

Sale
Sale
33**

735*
Sale

60

Sale

145*
15**
415*
43
8** Sale
125* Sale
3**
35*

46**
95*
12**

43

43

45

87** Sale
55*
50

55*
55

10**

Sale

16

Sale

465*
10**
Sale

3

3**

155* Dec.
43

Dec.

8** Dec.
12
■

Dec.
Dec.

945* Sale
3
35*
45* Sale

855* Dec.

51

52
10

60

10** Sale

Sale

8**
~

2**
1**

145*

%

6

11

Sale
Sale

Sale
12**

9**
9*
15* Sale
TO
12

%

o

Sale

4

165* Dec. 22

2

47

Dec. 19

10

Dec. 14

1

11

35* Dec. 13

44

45

Dec.

6

45

1

955* Dec. 28
35* Dec. 22
2
55* Dec.
6
55
Dec.
11** Dec. 13

2

Dec.

Dec. 18
Dec. 21
Dec. 28
Dec. 12
Dec.
6

8

1
125* Dec.
35* Dec. 21

7

4

6

11

4
15* Dec.
5
5* Dec.
105* Dec. 27

6

9**
15*
5*
125*

Dec.

12

Dec. 27
Dec.
Dec.

6
8

Dec. 28

10

Jan.

11
4

5
26

335* Jan. 23
5
May
3
115* Apr. 11
25* May
2
285* Apr. 11

48

115** 117

114** 117

Sale

67

Sale

5**
6**

Sale
7

5

Sale

1

Sale

56

115** Dec.
555* Dec.

1155* Dec.

Sale
Sale
5*

5**
5*

6
1

Jan.

6

Aug. 15

3 117

Dec.

June 24
9
Jan.

Dec.

5

Dec. 30

6

6

Dec. 26

75* Dec.

Apr. 12
Apr. 22

1

Dec.

Jan.

1

Dec.

Dec. 23

6

20

Nov. 18

55*
65*
605*
175*
65*
95*
2 5*
15*
155*
5*

Jan.

24

46

96

Apr. 11
Sept. 5
Aug. 21

Oct.

Nov. 14

11

3

30

105* Oct. 17
Aug.
3
47
Dec. 19
105* Sept. 27
14
Sept. 27

11

Jan.

Oct.

17

Dec.

Apr. 10
Aug. 24
Aug. 18
Sept. 7

69

5* Dec. 19
5* Dec. 23

8*

Apr.

Mar. 31

Sale

Jan.
jNov.

5
15

Jan.

4

Sept.

5

Oct.

9

Dec. 27

Jan.
Jan.
Feb.

Jan.
Oct.

19
12
27
9
24

Dec. 29

69

845* Aug. 18
65* Oct. 21
8

Nov. 20

1

June 10

35* Mar. 24

Sept. 27

ft"

Sale

215*
104** 108**
Sale

14** Sale
13** Dec. 20 145* Dec.
72
Sale
72**
72**
71** Dec. 29 76** Dec.
•23
24
265*
275*
121
Dec. 13 125
Dec.
124** 127
1235* 125
6

h

Sale

125*

Sale

65

_15*

78
23

Sale

1**
675*

26
«

17**
25

2**
19
Sale

85*
75*
Sale
100

25

25*
15**

25**
75*

7
Sale

665*

12*
62

Sale

12**
Sale

Sale

Sale

10**

8

Sale

82

Sale

5**

Sale

5**
18**
65*

8**
1**

Sale
85*
Sale

70

73

69** Dec.

28

33

30

3

18
27

8**

12

6**
Sale
Sale

65** Sale
5*6
**
1
1 **
5** Sale
62

85*
Vs

Dec. 21

71

ily> il*
26

75*

Sale

8**

11**
5**
215*
55*

55*
225*
Sale
Sale

12

5*6
**
5*
1
55* Sale

64**
Sale
1

66** Sale
9

Sale

1

Sale

6

Dec.

135* Dec.
675* Dec.
15* Dec.

8

71** Dec.

Dec. 28

30
Dec.
25* Dec.

25* Dec.

5

Dec. 11
17**
Dec. 12
27**
8
75* Dec. 16
1065* Dec. 15 108
116** Dec. 14 1175*
17

26

12

Dec.

5**
18**
55*
845*
65**
5*6
5*
45*

2
Dec.
1
Dec.
Dec. 27
Dec. 20
1
Dec.
4
Dec.
8
Dec.
Dec. 21

x91

61

Dec. 27

30

86

4

5

12** Dec. 29
61** Dec. 27
1

117** Sale

100

1
5
N Y Water Serv 6% pref...100
Niagara Hud Pow com
10
5% 1st pref
100
5% 2d pref
100

For footnotes

Sale

55* Sale
28**

27

N Y Shipbuilding Co—
Founders shares
18,500
13,500 New York Transit

34,200 Nipissing Mines

itH

7

100

30,550

N Y

S*

Sale

3,975 New

8,300
11,125
14,000
3,030
4,280

"

Dec.

*

5
6,300 Nelson (Herman) Corp
7,600 Neptune Meter class A__-.--*
*
10,600 Nestle Le Mur Co class A
100
150 Nevada Calif Elec com
475

17
17**
17**
108
108** 110
114** Sale
1
1
15*
.15*
7
7**
75*
75* Sale
105*
11**
105*
11**
10**
t
I
r*r
""TO
Sale
*56 J*
58** Sale
94
98
95
94**
116**
4
45*
45*
4**
Sale
10**
11**
10**

Sale

8
2,400 Nachman Springiilled Corp..*
8
83,500 Nat Automative Fibres com_-l
1
**
162,400 Nat Bellas Hess com
150 National Breweries common. _ *
25
7% preferred
25
*
I,700 National Candy Co com
12
-1
23,100 National City Lines com
5,750
$3 conv preferred
50 35**
1
6**
57,800 National Container (Del)
*
12**
147,800 National Fuel Gas
35*
8,500 Nat Manufacture & Stores—*
4
30
21,950 National Oil Products
National Power & Light—
70**
$6 preferred
56,525
*
3,900 National Refining com
5
*
65,300 Nat Rubber Mach com
*
58**
10,925 National Steel Car Ltd-.
---*
12**
46,700 National Sugar Refg_
1,375 National Tea Co 55* % Pr?f-1Q
—12-50
24,600 National Transit
*
50,150 National Tunnel & Mines
1
58,535 National Union Radio com—1
*
13**
12,700 Navarro Oil Co
900 JNebel (Oscar) Co com..
*
1,200 Nebraska Power 7% pref. -100 103
* 45**
48,900 Nehi Corp common
40

6

16

55* Sale

28**
5*1

3

f

2

25*
65*

8

Mar. 21

1

»r

20

15*
55*

55* Mar.
105* Aug.

Dec.

5

7

7
62** Dec.
85* Dec. 13
4
5* Dec.

Dec.
Dec.

41

Oct.

2
May
Apr. 10

15

Mar. 11

785* Aug.

Apr. 14
255*
8 128
Apr.
85*
Sept. 2
14
Aug. 23
8
76
Apr.
Dec. 21

Apr.
July

8

30
3

26
29

3

Nov. 16

Nov. 25

Oct.
Mar.

26

9

Sept. 12
Jan.

845* Sept.

28

Apr. 12
Apr. 10
July 10
Sept. 7

5

23
5

Dec. 28

Nov.
Feb.

4

25

June 10

Apr.

12 108

Mar. 14
Nov. 17

Dec.

Jan.

4 119

Nov. 16

Dec.
Dec.

Apr.

8

14

Jan.

9

6

Sept. 11
Dec.
2

225* Dec.
6** Dec.

Apr.

8

24

13
6

Dec.
Dec.

Dec. 27

Dec.

Apr.

75** Dec.
** Dec.

Dec.

86

20

82

Dec. 28

55* Dec.
94** Dec.

Apr.
8
Sept. 5
Apr. 10
Apr. 20

68
9

Dec.
Dec.

15* Dec.

Aug. 22
95* Mar. 10
915* Mar. 15

Nov.

2

2

Jan.

3

*/» Feb.

Mar. 25

Dec.

1

9

6

Jan.

4

65* Mar.10
945* Nov. 25
76
Sept. 15
95* Aug. 18
15* Mar. 2

<

new

Jan., 1940]
AQGREGATE
SALES

PRICES IN DECEMBER
NEW YORK
CURB EXCHANGE

In
12 Months
December
1939
Shares

1,500
10,500
3,025
4,000
1,000
1,470
1,000
200

"""570
280
'

2,600
15,300
400

1,900

1,225
775
1,000
320
150
50
~

8"300
750
825

3,900

'""300
300
400

6,800
1,300
190

""200

Pacific g & e 6% 1st pref-_ .25

3,000
2,200
20,000
810

""600
62,800
27,000
25
100

1,300
260

975
725
800

2,300
725
150

1,100
1,900
110

350

3,200
19,200
5,600
900
400

22,800
3,800
50

2,200
2,090
1,900
5,000
2,900
1,500
200

3,300

3,800
1,700
25

""'800
6,500
200

—2.50
2,000 Penn Traffic co—
463,700 Pennroad Corp com-—
1
1
100,000 Pa Cent Airlines com
525 Pa Edison Co $2.80 prei -.——*
800
$5 preferred
*
*
7,600i Pa Gas & Elec class a.

3,645 Pa Pow & Lt $6 pref...
$7 preferred.
Pennsylvania Salt Mfg
Pennsylvania Sugar Co

14,500
5,725
1,775
28,700
9,900
1.200

Pa Water & Power

Pepperell Mfg Co
Perfect Circle

8#
8Sale
4

com

^78,600 Pittsburgh Forgings Co
19.345 Pitts & Lake Erie rr

1
50

55,000 Premier Gold Mining
650 Prentice-Hall Inc com
Pressed Metals of Amer

2,050

*
1

—25c
♦

Providence Gas Co

*

Investors

27

49*$ Sale
A
nX
3*$

34

xl*
8*
Sale

98*$

111*$

99*$

8*$
17*$

9*$
18*$

46

10
Sale
41*$

46*$

109*$ 110*$

5*$ Dec.
1*$ Dec.
84*$ Dec. 30

Dec.

19
15
1

Dec.

5

27*$ Dec.

Dec.

4

49*$ Dec.
*$8 Dec.

Dec.

Dec.

11

Dec.

28

13

3

6*$
14*$ Sale
16*$
17*$
34*$
36*$
•

115$ Dec. 12
17*$ Dec. 27
Dec.

35

Sale

195$
106
107*$ 105*$
98*$
98*$ 98*$
114*$
112*$
105*$
8*$
19*$ Sale
18*$
47
£45
46*$
110
112*$ 115
1*$ Sale
1*$

19

14*$ Dec. 30
18*$ Dec. 11
"
7
36*$ Dec.

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

27

21*$ Dec. 21

Dec.
Dec.

Dec.

20 108*$ Dec.
26 100
Dec.
4 115*$ Dec.

5
14

9*$
3*$

19*$ Dec. 30
47

3*$

12*$
33*$

13*$
Sale

12*$
33 *$ Sale

12*$ Dec. 22
33*$ Dec.
5

Sale
86

31

30

67

70

30
85

6*$
20*$

7*$
21*$

20

6*$
20*$
6*$ Sale
5*$

Dec. 10

•

13*$

14*$

""§*$' Sale"

7 *$

*$

8 *$

1

43*$
"14*$
32

Dec.

5

65$ Dec.

1

Dec.

2

Dec.

5

20

6

Dec.

7

9

Sale

11*$

33

34

32

*$

*$

2

Sale

8

Sale

1
5*$ Dec.
Dec. 30
4

14

Dec.

6

9*$ Dec. 18
34*$ Dec. 20

Dec.

11*$

Dec. 29
7
£13*$ Dec.
8
33*$ Dec.
44

Dec.

2

Sale

*$ Dec. 29

Dec.

13

9*$ Sale
6*$
7

4

111?$ Sale
170
174*$ 167

70*$ Sale
82
84*$
27*$
28*$
7*$

8

8

Sale

118

2*$ Sale
5*$ Sale

6

6*

6

Sale
Sale

10*$
A
2

12
M
Sale

75$ Sale

64

Sale

07'

*$t Sale
4*$ Sale

10*$
11*$
58*$ Sale
10*$ Sale
99*$ Sale
1*$
1*$
9
95$

1*$

1*$

*$

Sale
4*$
8*$

4*$

6?$
21*$
35

A*

40

ms
*$
4*$ Sale
6j$
7

J*
98

6% 1st preferred
230
100
7% 1st preferred-180
100
♦
45,060 Public Serv of Ind pr pref
$6 preferred
*
33,155
Public Service of Oklahoma—

48

Sale

30

Sale

2

168

67

Sale

88

Sale

26*$

29

7*$ Sale
7*$
8*$

Sale

30

11*$ Sale

1*$

1

23
Sale

37*$ Sale
9*$ Sale
a Sale
5
5*$
7*$
8
6

93

Sale

97*$

5*$ Sale
6

Sale

35*$ Sale
10*1 10*$
*$
*$
1 *$ Sale
7*$ Sale
11*$
56

iS*

n h
Sale
Sale
Sale

1*$ Sale

%

4*$
5*$
21

1
4?$
9
22

1*$ Sale
40

42

9

4

9*$

if Sal!*

8*$ Sale
6*$ Sale
93*$
97*$

150
80

3,725
3.800
7,200
100

300
290
360

1,075
900

600

13,500 Puget Sound Pulp & Timb—.*
5
1,000 Pyle-National Co com
—
.10
9,700 Pyrene Mfg...

6,125 Railway & Light Securities.
1,757 Rys & (Jtil invest cl a com-—1
Raymond Concrete PileCommon
*
18,250

2,600

12,300

12,600
200

36,300

108

15*$ Sale

"65$ ""6*$

74*$
10

$3 conv pref
Raytheon Mfg com—j

68

1*$ Dec. 11
8

163

13*$
66*$
83*$
28*$

Dec.

Dec.

1

7

Dec.

5 169

Dec. 28
Dec. 28
6
Dec.
Dec. 21

7*$ Dec.
8
118

Dec.
Dec.

6
1

15
88

inn

Dec. 20

8
Dec.
2
Dec. 22
1
Dec.
7*$
Dec. 26 41*$
Dec. 27 12*$
Dec. 20
60
5
Dec.
10*$
4 102
Dec.
Dec. 22
15$
Dec. 20
10*$
15
Dec. 27
Dec. 21
1*$

52

i

19*$

reeves (Daniel) com

Reffcer Foster oh Corp
Reliance el & Eng Co
Republic Aviation Corp
tReynolds Investcom
Rice Stix Dry Goods Co

♦
50c

Oct. 23
14
35*$ July 24
315$ July 22
July 14

Sept.
Jan.
Sept.
Sept.

Mar. 10

22*$ July 27
6*$ Nov. 29
101*$ Mar. 9

Dec.
Nov.

.

85$ Apr. 27
15
35

Mar. 28

29

Jan.

Apr. 12
7*$ Apr. 11
24

29*$ Nov. 3
*$ Dec. 29

5
1
1
—•

com

.1

6

25

8

12*$
Sale
Sale
„

6

35$ Sale

12* 14*'
5*$

Sale
*$
>*$
5*$
i
2*$

Dec.
Dec. 30
Dec. 28
8

For footnotes see page

53.




_1

A

*$

Nov. 14

15*$
34*$
295$
%

Nov. 18
June 19
Nov. 3
Mar. 10

Dec. 15
Dec. 27
Jan. 30
Dec. 18

5

Dec.

1

6
Dec.
Dec. 26
Dec. 11

Dec.

Dec.

5
1

Dec.

21

8
Dec.
Dec. 12
Dec.

13

37*$
X
1
25$ Sale
26

5*$
6*$
*$ Sale
13*$
15
Sale

6

6*$

1*$

6*$
2

a Sale

13

Dec.

Sept. 25
Sept. 5
Mar.

7

Sept.

6

9
6*$ Dec.
4
6*$ Dec.
35*$ Dec. 30
11
Dec. 11
8
a Dec.

2

Sept. 27
Dec. 29

6

28*$ Dec.
7
5

Apr.
Apr.

Sept.
Sept.
25$ Jan.
25$ Apr.
16
Apr.

Aug.
Dec.
Dec.
Apr.
Oct.
Apr.
Sept.
6
Apr.
90
Apr.
*$ Jan.
7*$ Apr.
9

A
1*$
5*$
40*$
65$
42*$

8

8

Dec. 27

1

6

5$ Jan.
4
M Sept.11
Aug. 19
i$ Dec.
5
li Sept. 15
*$ July 24
H July 22
*$ Feb. 23
*$ Sept. 20
V\ Jan.
3
JX Aug. 1
43*1 Aug. 15
14*$ Sept. 20
75*$ Sept. 27
12
Sept. 20
117
Mar.
7
15$ Dec.
8
10?$ Dec. 12

114
29

Feb.
Nov.

15

Dec.

25$ Jan.

8

£7*$ Nov.
101*$ Apr.

102

20*$ Dec. 27

22

Dec.

7

16*$ May

8

3

23

1

Dec.

Dec.

1

37*$ Dec.

1

9

Dec. 15

a Dec.
1
4*$ Dec. 18
7*$ Dec. 21
6

Dec.

1

95

Dec.

11

76*$ Dec.
41*$ Dec.

1

1*$ Dec. 11
44

Dec.

10*$
*$
5*$
8*$
6*$

5
Dec.
5
Dec.
8
Dec.
Dec. 30

Dec.

15

95

Dec.

11

9

25$ Sept. 6
5*$ Sept. 16

JA Apr.

3

Apr.

12

Dec.

1

44

7

11*$
A
6*$
85$
7*$
100*$

Jan.

45$ Aug.:
89

117

7

Dec.

4 104*$ Dec. 21
Dec. 22 110*$ Dec. 14
Dec. 21 24*$ Dec.
5

Dec.

1

78*$ Dec. 30

Dec.

1

13
10

Dec. 20
Dec. 21

Nov.

Dec.

19

Dec.

12

65$ Dec. 21

93
100
14

Sept.
Jan.

139

16

12

Dec.

35

Dec. 26

19

?$ Dec. 28
2*$ Dec.
4
Dec. 29
Dec. 12

Dec.

19

Jan.

19

7*$ Nov. 18

Apr. 10 126
Aug.
8
Oct.
9 1585$ Jan. 28
Mar. 31
18*$ Mar. 10

*$ Dec. 11
13*$ Dec.
6
5*1 Dec.
1
a Dec.
2
4*$ Dec. 20
15$ Dec. 22

a Dec. 13

5

12

Apr.

8

21

35

Dec. 26

41

28

Dec.

8

6

9
5*$ Dec.
a Dec. 15
14*$ Dec. 29

6*1 Dec.

28

2
a Dec.
6*$ Dec. 29
2*$ Dec.
6

a Dec.

6

30

12

Dec. 29
5

Oct.

13

13*$ Dec.
1*$ Dec.
3 *$ Dec.

Aug. 4
Mar. 10
Mar. 9

78*$ Dec. 30

12

36

9

Nov. 16
Sept. 7
Nov. 17

July 19
90*$ Dec. 29
50*$ Dec. 30

9*$ Dec.
*$ Dec.

4

Dec.

24 104*$ Dec. 21
7 110*$ Dec. 14
14 26*$ Aug.
3

34*$ Jan. 12
4
May 22
6*$ Apr.
8
4*$ Feb. 11
108

9

Apr. 21

Feb. 20 112

Jan.

Dec. 28 122

Dec.
4
15 153*$ Dec. 27

Apr. 18 106

44*$ Jan. 13
26
Apr. 11

Dec.

7*$ Dec.
*$ Dec.

25
5

90*$ Dec. 29
505$ Dec. 30

Mar.

Mar. 6
25$ Jan. 17

35*$ Oct.
7
Apr.
A Jan.
3
Apr.

104
107

Rio Grande Valley Gas Co-

Voting trust ctfs

34*$ Nov. 30

Dec.

1.53*$ 150
14*$

12
35

Jan.
3
Mar. 16

45

8

122

13*$
375$
1*$
2*$

3

75$ Jan.

4*1 JuTy-f

16
14

Dec. 30

1

3

65$ Sept. 22
10*$ Sept. 9
5
Sept. 28

% Dec. 20
45$ Dec. 18

150

85$ Sale

24

Dec. 29

Nov.

2

8

116

Sale

July

8

Sale
14

28

♦
.♦

Reed Roller Bit Co

Dec. 30

49

113

*$ Dec.
1
4*$ Dec. 20

125

*$
2*$

5

Aug. 16

4

75$ Dec. 26
8*$ Dec. 18

Dec.

151*$
12*$

36

Dec.

115

106*$ Dec. 18
9*$ Oct. 24

12
1

1 118
Dec.
11
31*$ Dec.

a
1*$
7*$
41*$
10*$
£9*$
98*$
1*$
9*$
11*$

Dec.

Dec.

70*$ Dec.

10

103*$ 104*$ 102
109*$
109*$ 110
22*$
24*1 Sale
74*$
Sale" 78*$ Sale
10
Sale
12*$ Sale
9*$
65$
6*$
6*$
6*$

12*$

4

Jan.

24

Dec. 27

28*$ Dec.

30*$
5*$
5*$
29*$

118

12*$

*

109
115
Sale
Sale

Dec. 27

Jan.

1*$ Dec. 23
2*$ Dec. 12
2 110
Dec. 18
108*$ Dec.
110
Dec. 27 114*$ Dec. 13

104
110

Sale

11

50c

Red Bank Oil Co

Richmond Radiator

"4*$ ""55$

Sale
* 118
155
100 150
16*$
175$
*

4,160 Quaker Oats com
6% preferred
4,850
950 Quebec Power Co

12,300
1,000
3,700

500

a*

101

...

2,140
10,500
28,800
14,700
6,800
46,000
5,200
120,200
41,100
6,700
51,300

90

1,500
3,700
1,700

6 % prior lien pref

100
7% prior lien pref
-100
67,425 Puget Sound p & l $6 pref...»
$5 preferred
—*
49,960
1,500
730

104*$ 108*$ 106*$
110*$ 115
110*$
Sale
90*$
Sale
505$

14

Dec. 15
Dec. 14

Oct,
5
20*$ Mar. 16
37*$ Nov. 18

2
Dec.
1
11 *$ Dec. 29
38*$ Dec. 15

66

2*$

9

Feb.

Nov.

38*$ Dec. 15

35$

11*$ Sale

Feb.

4

26

Sept. 1
"35$ Nov. 14
11
Apr. 17
4

8

108*$ Dec. 12

Jan.

6

Dec.

2*$

*$

s*$ Sale

.

41*$ Dec.
11*$ Dec.

2*$

*$

2*$
2*$
IX Sale

4*$ Dec.

31-

'43*$ "44*$

23
10

15*$ Sept.
97*$ Apr.
90
Aug.
110*$ Sept.
104*$ Jan.
96*$ Sept.
7*$ July
8h Apr.
35
Apr.
106
Oct.
1
Apr.
5*$ Sept.

265$
68*$
4*$
18*$

Dec. 30

7
27*$ Dec.
49*$ Oct. 13
15$ Sept. 15

9
*$
11 102*$
13 110
6
5
11
16*$

8
Apr.
28*$ Sept.

Dec. 14
Dec. 30
Dec. 13

86

Sale

42*$
13 *$
31*$

Apr.
6
July 27

Jan.
Apr.
Apr.
Feb.
6*$ Apr.
14*$ Aug.
24
Apr.

25$ Sept.

20

3*$ Dec.
12*$ Dec.
8*$ Dec.

May 22

Dec. 28

90*$
6

1

84
28

June 30

3

21*$

4*$ Sale
5*$ Sale
Sale
"3*1
4*$ "4

34

'35'" "§9"

92

-

14*$
42*$
*$
2*$
a
81
87*$
4*$

13*$ Dec. 20

20

Sale

16

*

$6 preferred-

*$ Apr. 10

92

*

com

3*$ Aug. 24

5

89*$
5*$

Dec.

Sale Prices
Feb.
7
Jan. 16

53
Mar. 31
13 *$ Apr. 19

8*$ Dec. 22

34
31
91

Sale

Dec.

13
Dec. 29
1*$ Dec. 13

7*$ Dec. 27
5
2*$ Dec.

11

5

4 113

7*$
2*$

9

12
15

14 113*$ Dec. 29
6 106*$ Dec. 18

1*$

Sale

Dec.

Dec.
1 102*$ Dec. 15
106
Dec. 28 110
Dec. 14
7
Dec. 27
5*$ Dec.
2

Sale

11

Dec.

Highest

Public Service of Clorado—

7,075
7,300

YEAR 1939

Lowest
Sale Prices

98

20

108

Vs Dec.

67*$
24*$
25%
48*$

Sale

73
323

>8

6
59,600 Potrero Sugar com
5
53,900 Powdrell & Alexander com
900 Power Corp of Can com
70
6% 1st preferred
—100
*
17.100 Pratt & Lambert

100

n*$
17*$

Sale
Sale

19
10
19*$
Pittsburgh Plate Glass com
25 108*$ Sale
Pleasant Valley Wine Co
Plough Inc common
-7.50
600 Pneumatic Scale Corp Ltd—10
2*$ Sale
25c
32,600 Polaris Mining Co

Prosperity Co b common

3*$

26

^ Sal!*

5

5
Sale
Sale
30

Pitts Metallurgical Co

Producers Corp

aVA

106*$ Sale

4*$
12
16
29

-—-

Prudential

3m
98

1
1,200 Pines Winterfront Co
.1
106,400 Pioneer Gold Mines Ltd.
71,000 Pitney Bowes Postage Meter _♦
1,150 Pitts Bessemer & l e rr—50

16,900
67,600
11,500
17,700

4*$

84*$ Sale
26*$ Sale

Highest
Sale Prices

Sale Prices
4*$ Dec. 20

Sale

*$

*
98*$ Sale
*
Sale
50 166
20
*
73
74*$
69
Sale
100
*
25*$ 27*$

1
60.400 Pharis Tire & Rubber Co
23,300 Philadelphia Co com---- —
610 Phila Elec $5 dlv preferred—
6,675 Phila el Pow 8% pref
25
87,000 Phillips Packing Co
—
458,100 Phoenix Securities common—1
39,610
$3 conv preferred a
10
♦
15,500 Pierce Governor Co com

5,900

700

—

Parkersburg Rig & Reel Co--1
Patchogue Plymouth Mills.—♦
2,670 Pender (d) Grocery cl a
*
Class b-.-i.-i—--———*
24,850
5,100 Peninsula Telep Co com.
*
Class a cum preferred
200
25
2,000 Penn Mex Fuel common.._60c

28,400
49,500
21,800
5,525
36,900

3,500
4,200
4,000

Paramount Motors Corp—_ 1
Parker Pen Co
-10
-

5*$

1

70
68*$
24*$ Sale
24
24*$
49*$
48*$

75$ Sale....

American shares

-

5

5*$
Sale

Lowest

Ask

1

175 Page-Hersey Tubes comPantepec Oil of Venezuelae

900

240

*

Pacific Can Co common-

5 *v % 1st preferred—- —25
Pacific p & l7% pref
100
Pacific Public Service com
*
1st preferred
*
700 Pacific Tin Consol Corp—
1

.

230
600
450

453

200 Oliver United Filters b
1
5,800 Omar Inc
9,200 Overseas Securities Co.-——*

730,500

4,800

21

25
11,295 Ohio Brass class b
100
9,325 Ohio Edison $6 preferred-—Ohio Oil 6% pref--.
10,875
100 110*$
5,010 Ohio Power 6%_ preferred- . 100
1,500 Ohio Pub Serv 7 % 1st pref-100
605
6% 1st pref
100
2,000 Oilstocks Ltd common
9*$
12 *$
1
146,500 Oklahoma Nat Gas com
19,625
$3 preferred50 38
2.275
$5.50 conv pref
*
~iti
47,300 Oldetyme Distillers
1

41,600
400

5}
15

613
213

Ask Bid

Bid

Ask

Bid

•Dec. 30

Dec. 1

1939

STOCKS (Continued)
Par
24,400 Noma Elec Corp com
1
90,900 Nor Amer Lt & JPow com
1
20,550
$6 preferred
;
*
26,200 North Amer Rayon clA
*
Class b common
13,800
—*
5,645
6% pfiorpreterred
50
7,340 Nor Amer Util Sec com
*
6,400 North Cent 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 line
10
—25
163,504 Nor States Power a
11,200 Northwest Engineering.*
27,800 Novadel-Agene Corp
—*

1,500
117,400
26,400
2,330
3,300
2,600

RANGE FOR

Price
Jan. 3

Shares

500

47

exchange

curb

york

7*$ Dec. 19
*$.Nov. 21

% Aug. 20
1?$ July
6
23
Aug. 24
5
Jan. 24
*$ Jan. 30
95$ June 27
25$ Jan. 31
A Dec.
2
3*$ Sept. 5
15$ Dec. 22

*$ May 19

12*$ Mar. 9
*$ June 21
Jan.
4
Mar. 11

2*$ Jan.

17

5

4
4
28
12
27
4
3
11
5

Jan.

33*$ Jan.
8*$ July
A Sept.
16
Sept.
75$ Nov.
*$ Jan.
6*$ Sept.
4

Jan.

A May 26

NEW

8

YORK

EXCHANGE

CURB

AQQREOATE
PRICES

SALES
NEW YORK
CURB EXCHANGE

12 Months

In

December

Shares
475
25

1939

225
10

2,800

(Concluded.)
Par Bid
Rochester G & E 6% pf D--100
6% preferred O
100
Rochester Telephone Corp—
63*% 1st pref
*
100 114
Roeser & Pendleton Inc
-*
15

600
400

1,500
3,700
400

7,200

Rolls-Royce Ltd—
Am dep rets ord reg
—£1
Rome Cable Corp common—5
Roosevelt Field Inc
5
Root Petroleum Co com
1

28,300
11,300
53,700
8,900
$1.20 conv preferred
16,500 Rossia Internat Corp

500

8,400
400

700

3,500

17,700
9,600
181,000
4,050
18,500
31,700
800
125

25

41,900
950

7,800
890

650

4,800

"'270

355,600
3,700
61,600
15,600 Samson United Corp com

7,300
4,100
200

8,600
17,200
350

19,000
870

1,650

1,700
200
500

9,300
300

4,350
250
200

49,512
81,600
11,700
2,500
108,600
205,100
5,850
103,500
—12,600
7,670
5,700

Sale

2%

6
Sale

425*
Sale

X Sale

X
Sale

4

Dec.
1 1003* Dec. 29
99
Dec. 28
Dec. 28

23*
15*

IX
3%

UX
2
Sale
8

7i

X
64

25*
Sale

IX
2%
73*
X

3X
3X
14% Sale
46X
2%
2X
IX
IX

Dec., 11
Dec. 19

99

3

Apr.

14r

Jan.

4

5

Apr. 14 112
15
103* Dec. 29

6

235* July 31
85* Sept. 1

Dec. 29
Dec.
7

3

8

15*
13*
43*
3*
37

14

Dec.

44

4

2% Dec.
1% Dec.

5

15* Dec.

1

33*

Sale

58 5*
17

Sale

ix

Sale

2%
493*
6%
1

2

36

IX
11X

1
11

255*
17 X

Sale

IX
12

32

Sale
57 X
7X Sale
X
1
36
39
1
IX
12
125*
29 X Sale
3

52
7
IX
39

22 X

19

Sale

Sale
14 X
32 X

55X

24

23

24

Dec. 20

1

5
8

43

Jan.

71

Jan.

47

Aug.

4

Jan.

3

9X

IX

■IX

*

25

Allotment certificates
Self ridge Prov Stores, LtdAmerican dep rets reg
1,400
£1
16,800 Sentry Safety Control
1
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
3,150
5% cum pref A A A
100
625 Sherwin-Williams of Can.—*

1

38

33

Segal Lock & Hardward com_ -1
Seiberling Rubber com
*
Selby Shoe Co com
*
Selected Industries,.
1
Convertible stock
—5

Sale

IX

1

9X

Sal&v

42 X

X

Sale

10

Sale
IX
Sale

8

Sale

%
5%

Sale

X

62

67

52

Sale

62 X

68

48

57

X

8X
X
X
39X
%
8X

Sale
6X
51X- 58
51X
.58.
%

5X-

X
IX

7 X

Sale
2X
8X

6X
18X

Sale
19 X

18

94

Sale

94%

112

Sale

X

IX

3

2

63*
8%

203*

65*
Sale

21
Sale

9X
Sale
7A
40
Sale
Sale

32

Dec.

24

Dec.

5

7X
5%

9X
Sale
19X

Dec.

8

Dec.

10

Dec.

7
20
5

93* Dec.

13

36

9
153* Sept. 12
2
Sept.12
13* FeJ. 17
43 3* Nov. 24
% Jan.
7
10
Oct. 20
15
Apr.
4
15* Sept. 13
93* Jan.
3
693* Mar^ 9
70
Mar.
9

1

Mar. 30

2

X June 29
43* Jan. 27
x9X Aug. 24
3* Apr. 10
43* May
8
'483* Aug. 29
485* Aug. 29
3* Nov. 15
3* Jan. 16
13* July 11
6
Apr.
8
53* June 30

113* Dec. 11

103* Dec. 22
3* Dec. 27
53* Dec.
1
50 3*Dec.~21

6*

Dec.

7

Dec. 29

525* Deer 23
Dec.

49

Dec. 21

53

%
13*
83*
55*
173*
903*

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

15*
85*
65*
18

Dec. 26

17

Dec.

Dec.

943* Dec. 30
Dec. 26
11
Dec. 20

14

Dec. 30

153* Dec.

116

Oct.

2

81
Aug. 24
1063* Sept. 6
10
Oct. 11

Sept.1$
Aug. 16
Sept. 22
Apr. 25
Nov. 21

24

27

3* Dec.
1
Dec. 12
Dec.
5
Dec. 13

1

112

Sale

June 24

% Dec. 27
31

10

109

26

5* Aug. 21

Dec.

3

15
153
385
Apr. 25
Apr. 25 11454

Jan.

53* Sept.

5*6 Dec.

1

40

3
5

Oct.

Jan.

41

June 29

Jan.

13* Dec.

Dec. 29
Dec. 27
Dec.
7
Dec. 14

25* Oct.

17

8

17

Nov. 28

3*
95*
183*
11454
165*

Dec. 22

%
%
393*
5*

23* Sept. 14
5
43* Jan.
Oct. 25
15
43* Sept. 9
64
Sept. 8

22

5* July

6

Dec. 19

83* Dec. 23

3

135* Dec. 29
15* Sept. 1
May 16

21
Sale

14
5
5
63* Mar. 10
153* Sept. 22:

10

July

Oct.

X Jan.

37

285* Dec. 29
23

31
19

Mar. 18

Apr.

13* Dec.
Dec. 12
13

Dec. 26!

Oct.

5
11

38
12

July 20

45

135* Dec. 29
35* Dec.
7
565* Dec. 19
8
Dec. 14
1
Dec.
5

135* Dec. 29
1
6
8
X Dec. 27

23* Dec.
51}* Dec.
6
Dec.

243* July 12
133* Feb. 27
23* Jan. 20

Apr. 11
23* Sept. 1
7
Apr.
8
353* Apr. 11
13* Aug. 11

623* Dec. 29
4
Dec.
4
15
Dec. 29
46
Dec. 12

Dec. 13

2 3* Dec.

£

Apr. 12
Apr.
6
Apr. 25

2

*

Gen'l com

Seeman Bros common

Apr. 21 1055* Aug.
Fen.
Dec. 28 102

96

3% Dec.
4
8
Dec. 29
5*0 Dec.
5

Dec. 27
Dec. 20

57

45

11X Dec.
2
Dec.

Dec. 27

11

Dec.

13

10** Dec. 29

Sale

61

4 5*
14 3*
455*

14
44

Sale

Eldorado
Pipe Line stamped
5,600 Silex Co (The) common
Simmons-Boardman Pub

3 5*

93*

60

y

55*
12

*

Scullin Steel Co common

$5.50 prior stock—

Sale Prices

*

$6 preferrek

Warrants.,
Securities Corp

Highest

Sale Prices

112

11X

11

23*

5*6
71

40
3

1

Scranton-Spring Brook Water

Loivest

Sale Prices

115

8

*

-

Highest

Sale Prices
98

13%

1051
15*
33*

X

7,700 Savoy Oil Co
5
*
9,050 Schiff Co com
100,500 Scovill Mfg Co
25
10 Scranton Elec $6 pref
*
1,510 Scranton Lace Co common—*
Service

1939

Lowest

Ask

Sale

1125*
123*

Sale

68

775

3,900

153*

15
2h

Royal Typewriter com
*
Russeks Fifth Ave Inc
2.50
Rustless Iron& Steel Corp
1
$2.50 conv pref_».
-*
Ryan Consol Petroleum
Ryerson & Haynes Inc com—1
St Lawrence Corp Ltd
*
A $2 conv preferred
50
St Regis Paper Co
-5
7 % preferred
100
Salt Dome OilCo—
1

30

Dec.

Ask Bid

99

5

290 Sanford Mills

""500

Bid

98

13

20
*
*

75 Royalite Oil Co Ltd

T200

Ask

STOCKS

2,825

900

Dec. 1

1939

Shares

YEAR

RANGE FOR

IN DECEMBER

Price
Jan. 3

Aug.

1 3* Aug. 17
May
9
23* Sept. 13
93* Jan. 20
10
Sept. 6
225* Mar. 10
113 3* Mar. 13
116
Dec. 26
14
Jan.
5

Shreveport

100

600

8,200
3,100
610

400
40

200

100
—*
Corp conv pref
51,000 Simmons H'ware & Paint Co__*
16,400 Simplicity Pattern Co
---1
6,100 SingerMfg Co
,,100
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)

T.500

I,000

32,700
56,700
15,900
29,600
39,500
26,400
5,379
9,000

10

Solar

370

5,300
900
600

3,400
1,000
190

400

i",806
3,400
550

2,800
590

1,800
2,600
400
600

6,100
3,200

Soss Mfg Co
South Coast Com com

8,700
9,300
275

II,600
2,400
400

3,800
2,000
7,900
500
200

13,100

""200
1,200
125
50

700

2,600
1,900
1,875
2,300
1,650
4,500
200

20,100
300

1,900
25

200

21,100
3,000
100

3,200

26,000

15X

2%.
Sale

IX

IX

Sale

159

IX
84 X

Sale
Sale

Sale

2

IX
5

IX
5X
3X

44 J*
2

Preferred A
Southland Royalty Co
South Penn Oil.,
So West Pa Pine Lines

1

X

July
Feb.

20

Jan.

3
6

Sale

IX

Sale

Dec.

IX

Sale

4X

4X
2%

2%
305*

30**
295*
445*
IX

Sale

15* Dec.

4

8

Apr.
Apr.
Sept.
Sept.

Dec.

29

45 5*

285* Dec.
433* Dec.

IX

Dec.

8
25* Dec.
Dec. 27
30
295* Dec. 30
445* Dec. 29

13* Dec.

i»

15* Dec.
605* Dec.

8
6

Jan.

1603* Dec.

6

Jan.

45* Dec. 28
23* Dec. 12

Jan.

4%
2%

605* Dec.
160 3* Dec.
5X
43* Dec.

5

2%

>

2X

23* Dec.

32 X

6X
33

5X
36%
21%
2%
13

X

3%
2X
X
16 X

X,

Sale

Sale

213* Sale

2%
X
14

19X

5%
37
23 X
Sale
Sale

X
Sale

2„,

A*

14 %
Sale

53*
403*
213*

25*

Sale
Sale
23
25*

53*
365*
203*
2 3*
12

Dec. 30
Dec.
4
Dec. 27
Dec.
7
Dec. 28

Aug.

7

July

23

25* Dec. 15
Dec.
1

Dec.

Apr.

12
403* Dec. 29
55* Dec.

22

Dec.

IX

5*6
Sale

15* Dec.

7
19

5*6 Dec.
23* Dec.

Sale

13* Dec.

20

2

5*6 Sale
135* Sale
185*
193*

3* Dec. 27

Sept.

7
1

3*6 Jan.
,
15* Dec. 19
13* Mar. 31

5*6 Dec. 30
143* Dec. 16
193* Dec.
1

X Mar. 28
13
Dec. 11
173* Dec. 11

Dec.

11

11

15* Dec.

18

Dec.

9

103* Dec. 22

Sale

185* Dec.

4

Sale

25

Dec.

1

203* Dec. 30
325* Dec. 29

13

July

22

Jan.

12

Nov. 24

Oct.

27

45* July
July

Dec. 30

17 3* Dec.

6
18

Oct.

Aug. 26

19
1

30

Dec.

13

27

1603* Dec.

43*
23*
153*
63*
403*

2

5*6 Dec.

Dec.

295* Dec. 30*
46 " Aug.
1
3
25* Apr.
65 3* Aug.
9'

May

72

3
Mar. 11
Oct.
17

45* Sept. 20
30

Oct.

170

2

Jan.

Feb.

53* Dec.

43* Dec.
23* Dec.

2

June

a95* May

1

2

6-

Nov.

100

Jan.

Dec.

13* Dec.
13* Dec.

10

Jan.

45* Apr. 26

Dec.

23* Dec. ,19
6
Dec.
4
4 100
5*6 Dec. 26
5*# Dec. 26

15* Dec.
Dec.

X.

Mar.

5X

IX
11X

2X
13

12

17X

Sale

18X
25 X

19

20
104
Sale

101
1

%

Sunray Oil
5 3*% conv preferred

X
X
83*
X
38X
IX

183*
Sale
Sale

15*
113*
10203*
315*

1073£

Sale
Sale

'At

108

93*
5*

3*
Sale

5*6
Sale

13*

3X

*

113*

35*

Sale
12X
4%

IX
13

4X

Sale
Sale

5X

13*

15*

7
3* Dec.
1
365* Dec.
13* Dec. 12

..*

8X

1
1
50
.25

12

115*

13

35*
35

4
Sale

55*

Sale

Sale
23*
23*
45* Sale
3*
5*
93*
93*

IX
34X
35

10

13 X
Sale
37 X
Sale

6

15*

103*
123*

10
11

13*
343*
33

Sale
38
345*

Class B common—

Taggart Corp com—...—
Tampa Electric Co
Tastyeast Inc class A...
.1
Taylor Distilling Co
.....1
Technicolor Inc common....

5

4X
36

6X
5
Sale

Sail6

H
223* Sale

6
4X

6%
Sale

32

Sale

X
X
12X

X
Sale
Sale

303* Dec.

13* Dec.

Dec.

1

35* Dec. 26
35

Dec.

28

Dec.

11

55* Dec. 28
15* Dec. 27
1
23* Dec.

% Mar. 21
33* Sept.
3% Jan.
'A, July
18
July
26
July

11
12
14
27
31

23* Jan.
123* Jan.
14
July
203* Dec.
325* Dec.

21

Dec.

29

1

8

Dec.

5

10

Dec.

11

73* Jan.

x6% Dec.

1

43* Apr.

•

5

Dec.

1

Dec.

11
12

353* Dec.
353* Dec.

7

33 3* Dec.

11

Dec.

18

11

63* Dec. 30

4

32

X
Sale

Dec.

3* Dec. 19
3* Dec.
12

Dec.

65* Dec.
8
35
Dec. 21
3* Dec. 19
5* Dec.
143* Dec. 15

Aug.
5
53* Nov. 20
Dec.|*5
113* Nov. 28
14

4

12

4X Dec.

8
4

June 23

Feb.

10

6
Sale

43* Jan.
74

Jan.

125* Dec. 11

55*
345*
3*

25* Sept.12
30 3* Dec.

65* Jan.

29

18

foil
Sept. 6
45*' Oct. 24

4

13

7

Jan.
Feb.

3

20

2

6
4
6
Mar. 11

13* Feb.
1

10
8
15* Dec. 27
2 3* Mar. 31
4
Sept. 7

Dec.

Dec. 27
Dec. 12

12
30
29

39

Dec.

2

21

13

28

Dec.

19

123* Sale

Dec.

53* Dec.

13

4

Dec.

Apr.

39

27

65* Dec.

4 108

5
% Dec. 21
733* June 26
10
May 25
25* Apr.
8
14

Dec.

Sale

11

5
May
63* Apr. 12
8
Apr.
153* Apr. 11
5
13* July

43* Dec.

Dec.

11

21*

Dec. 21
2
23* Dec.
5
Dec. 26
5* Dec. 21

9%
1?K
31"

Apr.
Apr.

5* Dec. 21
Dec. 23

1

13

Aug. 24
May 31
9
June

Jan.

102

8

63*

3*

1

?*
\Y

7
3* Dec.
403* Dec. 29
13* Dec. 11

15

Dec.

11

.15

1

% Dec. 21

Sale

Sale

2X Sale
4X Sale
5*6
10 X
9%

15* Dec.

5 108
Dec. 29
Dec.
1
5* Dec. 21
5*6 Dec.
1
23
3* Dec.
3* Dec.
26
Dec. 26
24 3* Dec. 19
4
93* Dec. 16
83* Dec.

10

x6X
1%

Superior Oil Co of Calif
100 Superior Portl Cement A—.*

3,900 Swan-Finch Oil Corp

9

106

Sale

5*

Sale
2

2

125*
Sale

27

Sullivan Machinery Co

Co com

Sale

106

105

IX

Sale
12

9 3*

6% 1st preferred,.
.50
5% 2d preferred
.--20
Sterling Aluminum Prod
1
Sterling Brewers Inc
1
Sterling Inc
Stetson (John B) Co com
Stinnes (Hugo) Corp
5

(S) & Co Inc

IX
11

Sale

_*

(A) & Co com

Sterchi Bros Stores Inc

53.

Dec.

6
18

Corp—

$7 preferred
-—--*
Standard Products Co
1
Standard Silver Lead
1
Standard Steel Spring Co
5
Standard Tube class B
1
Standard Wholesale Phosphate
& Acid Works
20
750
1
94,300 Starrett (The) Corp vtc
*
225 Steel Co of Canada ord

For footnotes see page

15 159

64

2%

4,900
44,500
106,200
191,600
5,500

99,200
36,450
10,900
30,400
209,500

Dec.

152

162

*
25
5
25
10

-10

preferred

16]

16
July 20
23*
15* Dec. 29
3
13* Apr. 10
116
Sept.12 219

68

4 X

Common—
:
9,300
$1.60 conv preferred
20
2,140
Stand Invest $53* preferred. _*
13,960
10
89,200 Standard Oil (Kentucky)
25
51,500 Standard Oil (Ohio) com
4.050
5% preferred
100
1
104,300 Standard Power & Lt com
Glass B common
*
8,400

350

20

163

10

Spalding (A G) & Bros Inc.
5% 1st preferred
*
Spanish & General Corp Ltd
Am dep rets ord reg shs—£1
Spencer Shoe Corp—
*
Stahl-Meyer Inc com
--*
Standard Brewing Co..
*
Standard Cap & Seal com
1

Sun Ray Drug

1

Dec.

60

100
Co-,100

Southern Union Gas com

Stroock

2%

Dec.

1

158

Southern Colo Power cl A—25

7% preferred

Feb.
Oct.

6

Apr. 11

May

IX

42 X
IX

Stein

Sale

152
2

2

285*

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
5,400
19,500

9

7

15

15* Dec. 29
15* Dec. 29

100

X

28 X

Conv

IX
IX

IX

IX

Sale

53*% pref class O
25
5% original pref. —-——25

10,800
8,600
6,600
2,400
31,400
17,150

Sale

14

16

IX
3

2X
29 X

11,200
1,450
30,200
49,300
1,950
20,600
5,410




14

1
Sou Calif Edison 6% pref B..25

-

"2",150

12X

1
1
1

Mfg Co
Corp.

Sonotone

Standard Dredging

700

Feb.

10X

Paper Mills.*

610 South New Engl Telep
3,600 Southern Pipe Line

10

900

25
*

Jan.

5*6 Dec. 27
8
Apr. 10
63* Apr.
6
10
Apr.
6
15* Aug. 24
31
Apr. 10
333* Dec. 12
403* Oct. 14
Dec. 18
June 26

25* Aug. 21

283* May 10
H May 11
X July
5

93* Sept.

5

5

75* Feb. 27
.Tan.

1

135* Sept.
11
Sept.
125* Nov.
25* Sept.
383* Jan.
453* Mar.

14

27
13
20
5
3
14

42

Mar. 14

16

Nov.*l

7

Nov. 22

65* Dec.
8
363* Jan. 10
3* Mar. 24

% Feb.
223* Jan.

fl
3

NEW

JAN., 1940]

49

CUBE EXCHANGE

YOBK

AGGREGATE

Shares
100

1,200
2,900
600
400
200

2,000

325
50
40

1,800
10,100
20,900
22,200
200
4,000
1,850
2,500
800

2,500
3,200
400
500

2,100
~

2,506
"2'I6O

YEAR 1939

Price

NEW YORK
CURB EXCHANGE

Jan. 3
Dec. 1

1939

Ask
STOCKS (Continued)
Shares
Par Bid
94
87
1,470 Texas P & L 7% pref
.100
—2
31,050 Texon Oil & Land Co
3X Sale
15
14 X
45,700 Thew Shovel Co common..-.5
Sale
15
32,700 rilo Roofing Inc
--1
3
IX
1,400 Tishman Realty & Oonstr
*
67
925 Tobacco A Allied Stocks.—-*
57
4X
47,100 Tobacco Prod Exports
4X
♦
Tobacco Secur Trust Co Ltd—
Am dep rets ord reg shs
14 X
16
3,300
£1
Am dep rets def reg. _
IX
1,700
IX
5s
82
77
15,550 Todd Shipyards Corp
.*
920 Toledo Edison 6% pref..-.100 101X Sale
965
7% preferred A
100
17,600 Tonopah Mining of Nev
1
53,600 Trans-Lux Pict Screen com..l
6 X Sale
10
74,200 Transwestern Oil Oo_._.
61,300 Tri-Continental Corp warr
9
2,200 Trunz Pork Stores Inc
Tubize Chatillon Corp—
Common
12H Sale
123,350
36
Sale
Class A
21,550
2X
2X
21,300 Tung Sol Lamp Works com_.l
80-cent div pref
6X
7
15,900

"

Bid

Dec.

30

2* Sal?

7fl

106
3
21

HX

12 X

10$

11X

54

60

58

60

4X

IX

9%
X
57

4X Sale

4X

10X Dec. 26
X Dec. 14

11X Dec.

5

Dec.

14

54

54X Dec. 27
4M Dec. 30

Dec. 26

4

2%
7X

,X

_

Union Gas of Canada.,
600 Union Investment Co com—*
61,500 Union Premier Food Stores—1
50
300 Union Traction Co
-----1
2,100 United Aircraft prod

Sale'

10 X

10

Sale
32X 34
3

3
Sale

Sale

7X

7X

4X
X
X
IX
11X

Sale
Sale
Sale
Sale
12X
2X
3X
17 X Sale

IX
X
ly
IX Sale
13 X
11X
2X
3X
17 X Sale

10

64X

IX Sale
3X Sale
X Sale
8
9X

1

*
*

Ulen & Co series A pref
Series B pref.

1

Oct.

34

33

5

10 108X Aug.
4 ~ Jan.
3
Nov.
11 23
24 15X Jan.
2
Jan.
14
54
Dec. 26 63
May
5X Mar.
3X Aug. 24

94.. Jan.
2X May
8X Apr.
9X Aug.
X Dec.

Feb.

63X

IX
IX
254 Sale
X
X
7 X
9X

9X

4X Dec.

Highest
Sale Prices

14
IX
Sale

Udylite Corp

UnexcelledMfg Co Inc

Lowest
Sale Prices

Highest

Lowest

Ask Bid
Sale Prices
Sale Prices
Ask
108
108 X 110
6 107X Dec. 13
106X Dec.
Sale
3
Dec.
1
2X
2X Dec.
9
2X
Sale
18X Sale
18X Dec. 30 21X Dec. 5

,

2,500
9,200
1,400
11,400
15,500

RANGE FOR

PRICES IN DECEMBER

SALES'^
In
12 Months
December
1939

1
Dec.
66
Dec. 26 107 X
Dec. 22 112X
•
X
X« Dec. 22
6
IX Dec.
IX

57
106
Ill

1
2X Dec.
'At Dec. 19

Dec.

8

13

Dec.

5

9X
30X
2%
7X

Dec. 27
Dec. 21
Dec. 28

4X
X
X
IX

Dec. 29
Dec. 18
Dec. 28
Dec.
1
27

11

Dec.

17

Dec. 23

4

5

2

4
17

31
10

Jan. 12
Mar. 8
Feb. 23

15

Dec.

June

Dec.
Dec.
Dec.
Dec.

July 18
Apr. 11 108
Apr. 12 114X July 11
Dec. 22
Apr.
6
Oct.

16

Apr.

Dec.

1

X Dec. 30
8X Dec. 19
10X
36X
3 X
7X

Dec. 14
Dec. 14
Dec.
7
Dec.

Apr.
8
19X Apr. 11
2
Apr. 11
6
Apr. 10

4X
IX
X
IX
11X

Dec.
Dec.
Dec.
Dec.
Dec.

4X
X
X
IX
10 X

$

18X Dec.

8

7X Dec. 27

7

15X Dec. 23
62 X Dec. 18
7
X Dec.
Dec.
8

May

1

7

Dec.
Dec.
Dec.
Jan.
Sept.

29
18
28
4
15
IX Apr. 10
12 X Jan. 27
2X Sept. 13
6X Dec. 27

Jan.

Sept.

9
5

Sept. 27
Dec. 19

June 13

Dec. 27

6X Sale

17
20
6

10

13 X Mar. 10
38 X Mar. 10
3X Sent. 27

8X Aug. 16

4X Dec. 29
5X Jan.

18

3X Mar. 17
2X Sept. 14
14X June 19
3
Mar. 23
18 X Oct. 26
3X Nov.

2

7X Dec. 27

United Chemicals Inc—

3,200
ioo
27,600

V

\4,800
600

50,000

17,300
2,150
500,400
49,200
1,200
442,000

6,600

62,670

9,500

Common.......

*

60

%

40

2

91X

♦

$7 1st non-voting pref.

56,100

18,000
20,600
\

150

"l",506

10,400
41,200
132,200
70,475
8,630
18,300

2,300
39,200
5,400
790

3,300

15,800
4,800
1,675
5,200
4,200
1,550
2,200
2,000

2,600
60

com

A

♦

Am

com

Preferred

U S lines Inc pref
U S Plywood Co Common.

conv

100 Universal Cooler class A..
Class B
100
44,800 Universal Corp v t c_.
Universal Insurance.
1,750

Universal Pictures

9,800
1,025

Utah Radio Products

3,300
1,775
3,500
9,000
1,400

4,300
23,700
10,950
12,200
34,890
39,325

775

1,000
26,900
280
800
600

1,610

"""200
500

200

2,200
400

1,900
10,000
9,700
320
10

650
450
575
80

5,500
500
700
200

1,600
2,700
150

100
10

600

4,200

1,500

2,900
20,500

com

8
1

Universal Products Co.

Utility Equities

% Sale

X Sale
2X Sale
14
17 X

4X

4X

13
8X
Sale
% Sale
49
Sale
10X

7X

16

Utah Idaho Sugar Co.......5
Utah Pr & Lt $7 pref
•
com.

10c
1
.5
Conv preferred
7
tUtil Power A Lt 7% pref-.100

7.X
IX

9X

IX
57

53

Sal?
19 X

19
Sale

2

IX Sale
20 X

5

27

30

19

27

8ale

27

Virginia Pub Serv 7% pref.100
Vogt Mfg Corp

29,900 Waco Airfraft Co
25,710 Wagner Baking com v t C
*
20
7% preferred
...100
1,500 Wahl (The) Co common
*
*
2,200 Waitt A Bond Inc class A
Class B—
*
5,000
26,900 Walker Mining.
...
1
9,900 Wayne Emitting 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 A StationeryCommon.
*
3,550
3,850 Westmoreland Coal Co....—*
—...♦
1,425 Westmoreland Inc
West TexasUtdl itier Co—
2,100
$6 preferred*
89,800 W Va Coal A Coke com—...♦
5,450 Weyenberg Shoe M*g Co...—1
26,400 Wichita River Oil Corp
.10
12,800 Williams (R O) A Co
*
8,100 Williams Oil-O-Matic Htg_._*
25,100 Wilson Jones Co com———
...1
4.335 Wlllson Products Inc
100 Winnipeg Elec com clB
*
500 Wisconsin P A L 7% pref.,100
10
8,800 Wolverine Port Cement
49,600 Wolverine Tube Co com.....2
14,700 Woodley Petroleum Oorp....l
Woolworth (F W) Ltd—
Am dep rets ord shs..
75,100
5s
248,700 Wright-Hargreaves Ltd*

X Sale

Sale

1

.

Dec. 27
Dec. 11

Dec. 27
Dec. 14
Dec.
7

X Dec. 21
3lX Dec.
4
21X Dec. 21

JA

93

—X.
88
IX
IX

Dec.
Dec,
Dec.
Dec.

1
1
29
1

Dec.

1

7
7

Dec.

7

Dec.

15

12X Dec.

4
1

Dec.
4
Dec. 12

2

Sale" ^c79X Dec. 15

22

Sale
Sale

2

Sale

2X

3

X Dec. 18
3X Dec. 13

3X
X
59 X
2X
17

Sale"

62 X

63

4X Dec. 21
4X Dec. 30
X Dec. 14
63

Dec.

14

3X Dec.

7

1

22

Dec. 30

6
Dec.
Dec. 29
Dec. 29
4
Dec.
Dec. 22

30

Dec. 30

X Dec.

25X
IX
2X
X
5X

X Sale
IX Sale
15X 15X
4
5X
IX
2X
2X Sale
17
17 X
8X Sale

Dec. 12
1
Dec.
Dec. 21
Dec. 30

2X Dec.

83 X Dec. 30
44
Dec. 19

2X Dec. • 6
3X Dec.
7
X Dec.
4
6

2

2

Dec.

% Dec. 28
IX Dec. 26
15X Dec. 12

Dec.

IX
3 X

X

9X

Sale

55

X Sale
IX Sale
18X 19
1

Sale

IX

IX

1

72

10X

10X

11X

Vi

lH

2X
4X
1
IX

15X Sale

Sale

IX
3 X

„

ix

Sale
1
1
IX
13 X
15
2X
2X
IX Sale
X

X June 27
Apr. 10

20

Nov.

4X
237
'At
9X
IX
72
39 X
2X

2X
16X
8X
17 X
IX

Dec.
Dec.
Dec.
Dec.
Dec.
60X Dec.

11
4
19
19

27

3
Dec.
17 X Dec. 21
9
Dec. 12

18X Dec.
IX Dec.
64X Dec.

1

Dec.

11

53

Dec.

11

X Dec.
5
IX Dec. 11
18X Dec. 29
X Dec. 26

IX
54
X
IX

Dec.
2
Dec.
4
Dec. 30
Dec.
1

19

Dec.

IX Dec.

1

17

Dec. 21

Dec.
Dec.
Dec.

8
1

27

7

73

10X Dec.

5

11X Dec. 20

59

5

Dec.

11

5

Dec.

4

2X Dec.
6
3X Dec. 15
X Dec. 29
1
Dec. 12
13 X Dec. 20
2X Dec. 19
IX Dec. 26

19 X Dec.
6
Dec. 26

IX Dec.

5X Dec.
5X Dec.
2X
IX
X
IX

9

Dec. 30

aV*

Sale

50

16

5

Sale

Sale

15

Sale
IX Sale
3X
4X
3

Sale

5X Sale

2X
8

13 X

a*

Safe*

Dec.
Sept.
Mar.
Aug.
38X Jan.
6
Apr.
X
15X
20
X

Dec. 15

8

5X

1* Sal?
12

3X
8H Sale
6
6X

8

Sale

IX Sale

VA «V^
6X Sale

5

5X

11X
13
6X Sale

11X

12 X
6X Sale

4
3

x Oct. 24
IX June 16
2M Jan.
5
17 X July 25

4X Nov. 30
2
Oct. 24
Jan. 10
Dec. 21

4X
17 X
•9X
19
3X
68

June

1

Feb. 28

Sept.

5

Oct. 31

_

Apr. 10
J an.
4
Apr. 12
Dec. 26
Mar. 31
Sept. 11
.

% Feb.

2H Jan.
30
32

2

6

17
Sept. 13

Jan.

IX Sept. 11
73
Dec. 30
12 X Sept. 29

7X Feb. 18
9
Feb. 24
75
Sept. 5
2X Dec.
6
6X Feb. 28
IX Sept. 11
2X Sept. 5
16 X Dec.
9
5
Jan.
5

3X Mar. 14
5

7

Dec. 16
Oct. 20

Dec.

11

32

Apr. 10

62 X Sept. 27

17

Dec.

13

10

Apr.

17
13
11

*96
2
6

10X Dec. 12
9 X Dec. 12

5X Dec.
8
6X Dec. J>
IX Dec. 19

4X
4X
6X Sale
4X
5

X Jan
6X Mar.

57

Dec.

IX Dec.
7X Dec.
11X Dec.
IX Dec.
104

5

Dec. 30

Dec. 30
4X Jan.
3
7
Sept. 5

11

5X Dec.

6
7X
IX
IX
7X Sale
11X Sale

22
30

13 X Dec.
4
10
Dec. 12
9
Dec. 12

6

Sale

4

Feb.

13
16

96 X Dec. 21

6

26
11
20
17
24
15

July
1
Sept. 14
May 11
May 19

Dec.
Dec.

Dec.
Dec.
Dec.

2X Sale

6

8X Sept. 11

IX Feb.
6
22
Oct. 30

6X Dec.

Dec.

6
5

July 26
Apr. 12
Apr. 25

Dec.

5X

4
11X

17

7
8

7
4
28
25
28
4

2X June 15
2X Jan.
4
58
Oct. 23

9

6

2X
Sale

Sale

8X

14 X

24

Jan.

8

IX Aug. 30
1
July 13
Apr. 17

9

57
13

8

6
Jan. 26
13 X Apr.
6
X Jan. 17
47 X Apr. 26

8
2X
IX
2X

Dec.

6X Jan.
IX Sept.
68

27

2X Sept.
12
Apr.

9
1

4

Mar. 20

23

8

Jan.

Dec.
6
Dec. 28
Dec. 20
Dec.

19

28

Nov.

fApr. 25

6
12

Dec.

Jan.

Jan.
Jan. 25 242
7
%Jan.
July
Sept. 7 12 X Dec.
2X Nov.
3
Jan.
Apr. 14 87 X July
49 X July
3
Oct.
4X Jan.
Aug. 15

Jan.

4

25
1

.

6X Mar.

Apr.

14

3

2X Jan. 20
36X Mar. 9

9

Apr. 11
July
8
Apr. 11
Apr. 12
10X Apr.
8
21
Feb.
7
1 X Aug. 21
IX Apr.
8
X Jan. 24
3X Feb. 23

7

% Jan, 21
89 X July 28

73 X Mar.

3
X
50
IX

5X Dec. 20

Sale

3

% Jan. 20

31

4X Nov, 30
2
Oct. 24

IX

19 X

18X
26

5X
5X

Sale
Sale

Sale

1

53

7

19

Dec.

15 X Dec .

9

Jan.,
Dec.

69X Jan.
4X Dec.

30

7
Mar.
6
3 X Jan.
4
94
Nov. 17

1

5

4X Sale
X
X
59 X Sale
2X Sale

Oct. 14
IX Dec. 27
74
Apr.
8
.-_-_XDec„27
6

80

X Dec.

Sale

15 X Dec. 23
65
Nov. 8
IX Jan.
3

2

Dec.

Dec.

23

3X Apr.
8
Feb. 27
X July
7
X Apr.
1

38

D"ec7~6

7

61

8X

...

5

28

55

"§X ~~9X

—




1

12

83X

IX ""lX
Sale.

63

Van Norman Mach Tool com.5
Venezuelan Petroleum
1

For footnotes see page 53*

Dec. 27

4X Dec.

Sale

18

com

83,900 Yukon Pacific Mining Co

X Dec. 12
IX
88X
X
87

5X

7A

X

IX Sale
MX
1§X
4
5X
IX
2
2X
3
16 X
17 X

IX

common.

-

27

.1

$5.50 priority stock

Utility A Ind Corp

37,200 Valspar Corp common.
$4 conv pref
3,475

23,550
131,000
3,240
7,700

% Sale
33 X Sale
22
24 X
68
78

4

4

4X Sale
X Sale
60 X Sale
3
Sale
17 X Sale
25X
26X
2X
2X
3
3X

-

1

Dec.

42
3 X

.....

7,400
3.300
70,000
16.875

6,900

Sale

1st pref..

....

500

■

SaTe

12X

-20
$1.50 conv pref
U S Radiator common
—1
*
U S Rubber Reclaiming...
U S Stores Corp com—.- 50c

$7

87 X
1

5X

Sale

:::i

2
147,700 United Wall Paper
1,800 Universal Consoi Oil Co....10

650

Sale
92 X
93 X

Sale

"I*

29,700 USA Internat Sec com...
1st preferred with warr..
14,175

Dec.

""X

United Specialties common—1

108,100 U S Foil class B

Sale

Sale

11

62X Dec. 18

6

"lX

Sale

22

—1
25
25

Class B

United Shoe Mach

4,900

400

61

Sale
%
h

Sale.
Sale

75

69

4X

12"66O

8,200

IX
31X

dep rets for ord reg

20,400 United Stores Corp com—50c
50c
54,500 United Verde Extension

200

1H

244 United NJRR& Canal—.100
United Profit Sharing com_25c
United Shipyards class A..
1

101,700
28,500
12,955
32,400
28,100
6,000
1,630

Sale

X

"88"

m

$6 1st pref
215,100
1,050 United Milk Products com—♦
$3 preferred
475
United Molasses Co Ltd—
3.400

59

X

1,520 United 0
295,700 United Lt & Power
Common class B
192,000

200

14

70
Sale
Sale
Sale

United Elastic Corp...
United Gas common........1

73,400

-—

s

11

*

$3 cum partlc pref....

Un Cigar-Whelan Stores... 10c
United Corp warrants........

Dec.

3X Dec.
6

5

Dec.
Dec.

11X Dec. 12
5X Dec. 11

2X Dec.
8X Dec.

8X Dec.

7

11X Dec.
5
IX Dec. 12

6X Dec. 11
5X Dec. 11
Dec.

18

6X Dec.

5

Jan.

3

Aug. 24
Apr. 18
8X
Aug. 10
6
10
Sept. 2
7X Mar. 31 13
Dec. 12
.J1*
82 X Apr. 19 104
4X
2X Apr. 12
1
Apr.
8X
Aug. 14
_

8X Sept. 22
5

Sept. 15
Sept. 25
Sept. 27

4 100
June
8
Jan.
Apr. 11
3X Sept. 11

86

2
2

L04
Dec. 26
4X Dec. 27

12

8X May 22
9
Dec. 12

Sept. 16

X May 23

Nov. 24
Jan.
3

Sept.

8

Jan.

6

Jan.

4

8
Dec. 12

Nov.

Dec. 26
Nov. 20

Sept, 11
Sept. l6

15 X Mar. 14

8X Feb. 27
2 X Sept.

5

NEW

50

YORK

CURB EXCHANGE

aqqbeqate

tec.

8,999,000
601,000
2,383,000
856,000
1,159,000

Alabama Power 4%s...—1967
1st & ref 5s....
1956
6s

1st 5s.

1st & ref 6s

1968
.........1946
....—1951
1951

329",666

5s registered
2,823,000 Amer Gas & Elec deb 5s. .2028
American Power & Light—

625,000

6,158,000

6,000
386,000
1,000
335.000

161,000
3,97-43)00
11,000
3,834,000
6,000
222,000
3,281,000
4,000
775,000
1,000
352,000
765,000
93,000

70,660

20", 606
54,000
111,000
8,000

105

Sale
104% Sale

Sale

104%

108% Sale

106% Sale

2016

6s..

602,000 Appalachian El Pow 4%s.l948
As_._.
1963
1,254,000
160,000 Appalachian Power 6s....2024
196b
3,641,000 Arkansas Pr & Lt 5s—
1953
4,627,000 Associated Elec 4%s

""9",066

102 %

104
106

62,,000

5s registered
4Hs series O..

4% 8 registered
5%s___

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Dec.
101% Dec. 14103
103% Dec. 13 104% Dec.

29
30

81% Jan.
96
87
102
98

118%
101%

Sale
Sale

47

33
34

1968

....1968
...1949
1949
1977

Sale

35
Sale

Dec.

5

Sale

106% Dec. 16 107% Dec.

2

106%

Sale

106% Dec. 29 107

4

30107% Nov. 27
104% Oct. 10 104% Oct. 10
106
Sept. 2 109% Jan. 10

105% Dec. 22

83% Apr. 10 105% Dec. 22

99% Sale

104

Sale

100

101

Dec. 13 108

107

99% Dec.

Dec.

100

""Dec.

27 102

Dec.

11

100

102

107% 106% Dec.
108% 107
108
Dec.
Sale
111% Sale

8 107% Dec. 22

124

126

Dec.

5 128
Dec. 30
12 106% Dec. 20

106% Sale
56% Sale
24

29
Sale

27

33

Sale

24% Sale

43

46
Sale

32

128

Sale

106% 107
60% Sale

24%
28

27
Sale

26

Sale

32%
28%

34
Sale

126

1 111% Dec. 28

106% Dec.
56% Dec. 11

60% Dec. 30

7
25% Dec. 12
25% Dec. 28
21% Dec. 12

6
25% Dec.
29% Dec. 14
25% Dec. 28
26% Dec. 14

23

Dec.

94

35

5s registered
...1950
Assoc Tel & Tel 5%s A—-1955

73%

75%

Sale

27% Sale
68

69%

72% Sale

30

26

69

Dec.

106

Dec. 15
Dec. 14

35

Dec.
Dec.

30

Dec.

7

72% Dec. 30

5%s A registered—.—1955
Atlanta Gas Light 4Mb—1955
Atlantic City Elec 3%s.._1964

103%

Avery (B F) Sons 5s w W..1947
5s ex-warr
——1947

91%

93

95

85

89

88% Sale

106% 107

104% Sale

106
97

105

106% 109
106

94%
91%

2
106% Dec.
106% Dec. 27

107
105% Dec.
94
Dec.
95%
88% Dec.
92%

96% Dec.

8

Dec.

6

91

Feb.
Oct.

3 92
5 104

103% Sept. 20 108%
103
Sept. 6 111%
115
Sept. 13 128
101% Sept. 5 107%
41% Jan. 14 68%
23

Dec.

7

Feb.
9
June 15

Oct.
Dec.
July
Nov.
Aug.

31
28
26
20
1
4
3
9
4

25% Dec. 12

ilH

25% Dec. 28
21% Dec. 12

44
47

Aug.
Aug.
Aug.
Aug.

Aug. 14
Nov. 30

43

Aug. 14

43

Conv deb 5s__.......-.1950

3

Sale
107%
107% 107% 107

107%

108

f

_3 103% Nov.

27 106% Nov. 4
4 106% Nov.
8
24 108% Oct. 18

104% Dec. 29 106% Dec. 15

107

100%

Jan.
Jan.
Jan.
Jan.

Sale
Sale

88

100

1948

Assoc Gas & Elec 4%s
5s

Sale

85)4 Sale

6s registered
2016
90.0QQ
280,000 American Seating 6s stpd.1946

81,000
84,000
11,000
158,000
348,000

348,000

102% Sale

96% Sale
86)4
88
103)4 Sale
98)1 Sale

81 %

Lowest
Sale Prices

30
Ask

1,000

14",000

year 1939

,„r4_

NEW YORK
CURB EXCHANGE

BONDS—

223,000
6,000
62,000
25,000
50,000

range for

bices in december

sales
12 Months
In
1939
December

30

25% Nov.
35
Feb.
67
Sept.
78
Mar.
100
Sept.
97
Sept.
88
Sept.
82
Oct.

Mar.

9

29

Aug.

3

10 40
5 83
9 78
6 106%

Apr. 20

Sept. 27
Jan.
3
July 22
July 21

59

May 31

Mar. 9
2
Dec.
7 109% June 12
27 102
Aug. 15
13 95
July 18

9

Locomotive Works—
AConvertible 6s—
1950
6,466,000
1,425,000 Bell Tel of Canada 5s A... 1955
Baldwin

373,000
31,000
101,000
73,000
21,000
324,000
.112,000
27,000

207,000
200,000
100,000
132,000
194,000
232,000
138,000

9,000
44,000
184,000
9,000
28,000

1,926,000
757,000
272,000
4,072,000
2,006,000
615,000

558,000 Cities Service 5s......—1966
5s registered
.......1966
6,000
1950
1,319",660 14,130,000 Conv deb 6s
58 registered.........—1950
2,000
1958
248",660 2,660.000 5s
5s registered...
—1958
2,000
5s
1969
216",666 1,290,000
937,000 10,961,000 Cities Service P & L 5%s.l952
5)4s gold deb..—.....1949
3,656,000
428,000

*10,566
94,000
3,000

Sale

112

Dec.

1103
1203

Sale

10527m106

121

124
144

Dec.
Dec.
Dec.

Dec.
7
105% Dec. 14
115% Dec. 28
116% Dec. 27

82% Apr. 11 139
Sept. 5 110%
101% Sept. 18 126
103
Sept. 18 130%

144

Dec.

142

126

Sale
94% Dec.
93% 98
'^%-Dec.
Sale
94% Sale —92
99% Dec.
98% 100
100% 101

98

125)1

69

83

2,484,000 Community Pow & Lt 5s..
31,000 Conn Ltg & Pow 7s A—.
7s A registered—
2,000
87,000 Consol Gas of Bait 4%s...
Consol G E L & P Bait—

1957

Sale

139

87%

Sale

97% Sale

Sale

82
Sale
106% Sale

Sale

Sale

97% Sale

Sale
Sale

36% Sale
37% Sale
71% Sale

Sale
98%
104%
Sale
75

139

80

73% Sale

98%
78%
106%
99%
36%
38%
73%

Dec. •6
Dec. 29

94% Dec. 29

Dec.

,101

104% 105% 104% Dec. 22 106

Dec.

7

Dec.
Dec.

W483

103

9
Aug.
4 100 % July 25
2
69% Jan.—5 97% Aug i
81
Jan. 27 102
July 25
86

Sale

71

71% Sale
77% Sale
77% Sale

iv*
88

32

88

93

85

Dec. 19

91

77% Sale

75% Dec. 18

80% Dec. 21

72""

76% Sale

71% Dec.

78% Dec. 21

Dec".

78% "Dec." 21

Sale

75

72%
71%
83% Sale
83% Sale

75

76

92

Sale

Sale

126

Sale

106% Sale

109% 110%

Sale

71% Sale

125

127

111

109

Jan.

13

55% Jan. 27

May

9

Mar. 10

18
Dec. 23
Oct.

Mar. 13

46% Mar. 11
74% Aug. 15

98

91% Sale
93
132

Sale
140

71%

Dec. 21
93% Dec. 20
93% Dec. 20

78

71% Dec.
83% Dec.
83% Dec.
88
132

126% 129% 125

Dec.
Dec.

Apr. 11 106

Dec.

7

100% Dec. 26 104% Jan.
9
4
43% Dec. 27 56% Oct. 17
Dec. 28
Dec. 28
70% Jan. 14 86
Dec. 28
Dec. 28
72% Jan. 17 91

76% Sale

129% 132

1969

Jan.

89
Sept. 30 105%
75% Sept. 22 105
96% Jan.
3 107%
81
Apr. 10 99%
46
35
Jan.
4

71% Jan.
72

"71% Sale"

Sept. 13 150

6

102

46%

11

95% Dec. 15 98% Dec. 30
Sale
Dec.
1
77% Dec. 21 82
80
1
9 106% Dec.
Sale 105% Dec.
1
99% Dec. 23
99% 97% Dec.
Sale
35% Dec. 28 37% Dec. 14
6
39
Dec.
9
37% Dec.
Sale
4
73% Dec. 30
71% Dec.
Sale

100% 101% 100% Dec. 26 101
Sale
43% Dec. 27 48
47% 46
83
90
79% Dec. 6

104% 105
101

75% Sale
129% 133

1971

Sale

93%

1951

3)48 series N

141

120

-92 %

1951
1954

3s series P..

826,000
324.000

.

112
Sale
117
118
105%
111% 112% 115% 116% 111%
112%
112% Sale
116% 117

72%
85

84%

1,008,000 Canada Nor Power 5s....J953 103%
1,434,000 Canadian Pacific JRy 6s...1942 102
96%
3,790,000 Carolina Pr & Lt 5s
..1956
1,448,000 Central Power 5s ser D—1967
83%
35%
1.830.000 Cent States Elec 5s...—1948
4.468.0001
5)48--.
—
1954 35%
57%
4,227,000 Cent States Pr & Lt 5)48—1953
Chicago 111 Midland Ry—
98
467,000
414s series A..
...1956
Chicago Junction Rys &
375,000
Union Stock Yards 5s..1940 104
44%
1,475,000 iAChic Rys 5s ctfs of dep.. 1927
69%
126,000 Cincinnati Street Ry 5%s_1952
68
118,000
68 series B—
—1955

53,000

320,000
1,000

115

1957
5s series O
.......1960
Bethlehem Steel 6s..
...1998
Birmingham Elec 4%s
1968
Birmingham Gas 5s. . —1959
Broad River Power 5s A..1954
1st M 5s ser B June 1

93% Dec. 22
132

Dec. 16

Dec. 18 127

Dec.

1

Dec. 22
Dec.
6

7 108
107% 107% 106% Dec.
109% 110% 109% Dec. 21 110

66

13

Oct. 11
Apr. 11

70% Sept. 29
66

Apr.
74% Mar.

8
2

67% Apr. 11
72% Jan. 12
72% Jan. 12

84
Mar
9
78% July 13
78% Mar. 9
7fi

Mar.

1

78% Dec. 21
75
July 13
78

Dec. 21

93% Dec. 20
93% Dec. 20

74% Apr.
8 93% Dec. 22
Dec. 16
126% Aug. 22 132
128% June 27 128% June 27
120
Nov. 6 131
July 17
98
Sept. 26108
101% Sept. 14 113

3
June 21

Aug.

Consol Gas Utilities—

151,000
659,000

6s A stamped
.... 1943
1,043,000
9,877,000 Continental G & El 5s.... 1958
5s A registered
.... 1958
1,000

60
61
81% Sale

74

90% Sale

IVA
92

"8",660

62

60

60

147,000

1944
168,000 Cuban Tobacco 5s
1,218,000 Cudahy Packing Co 3%s.. 1955

28,000
I,000
120,000
84,000
47,000
II,00

487,000 Delaware Elec Pow 5)48—1959
331,000 Denver Gas A Elec 5s....1949
983,000 ^Detroit Int. Bdge 6%s_.1952
iCtfis of deposit.
632,000
i25-yr s f deb 7s—....1952
334,000
iCtfis of deposit.........
146,000

104

624,000
80,000
358,000
7,000

6,581,000 Eastern Gas & Fuel 4s A..1956
1,020,000 Edison Elec Ilium 3)48—1965
2030
5,077,000 Elec Pow & Lt 5s—

13*666
'

35,000

4,000
14,000

142,000
69,000

176",000

126,000 Elmira Wat Lt & RR 5s..1956
5s registered
1.000
....
1956
.....1950
277,000 El Paso Elec 5s A
Empire Dist Elec 5s
1952
1,496,000
Ercole Marelli Elec Mfg—

43.000

15,000
234,000

79.656
190.000
54.000
1,000
140,000

151",666
26,000

"If.OOO
6,000

105
106% 106%
7% Sale
7% Sale
%

84% Sale




46

Sale

49%

73

90% Dec.

61%

95% Sale

60
93

Dec. 13
5

77% Dec. 30

Dec.
Dec.

61% Dec.J20

94%

95%

Sale
5
25%
98% Sale
50

103% Sale

74

104% 105% 105
104
103% 104
45

49%
111

Sale

82

98
Sale

73

77

74

87%

94%

95%

111

Dec. 21

81% Dec. 26
118% Dec.
2
2 105% Dec.
1 104% Dec.

18

13

106

Sale

66% Sale
10

70% Sale

96%

97

106% Sale
66% Sale
17%
20
70%
71

106

56

88

59
89

108%U09%
1945
49%
54
48

53

75
77
57%
62
76
79
78%
81
107% 110% 107% 110
61
Sale
60%
63
46

Sale

47

50

18
23

Oct.
Feb.
Feb.
Jan.
Feb.

% Aug.
% Apr.

Oct.

3
2
10
3

27

53% Apr. 11
103% Sept. 5

May 26

66% Apr. 11
107% Jan. 19
109% Mar. 3

Nov. 22

100

98

Sept.
Sept.

Dec. 26
Mar.

3

Oct. 28
6
1 104% Dec. 13

3
31% Sept. 26 50% Jan.
106% Oct.
4 109% Oct. 20
99

Dec. 29

Dec. 29

81

Dec.

9
15
12
Aug. 3
89% Jan.
4 99
92
Apr. 10 104% Nov. 14

1

99
Dec.
1
104% Dec. 18

Dec.

19

6 101
Dec. 20
Dec. 20
4
83% Dec.
Dec. 13
Dec. 28 100
Dec.
1
98%. Dec. 12

90
78

Dec. 14

73
87

Dec.

97

Dec.

9

1107 f Dec. 19
69 ,1 Dec. 18
18 i' Dec. 29
8 71
Dec. 29

95

58

18

69% Dec.

Dec. 20 104% Feb.
Mar. 23 25
July

Jan.

Dec.

77
79

74% Dec.

Dec. 29
Dec. 29

Jan.
Dec.

64% Sept.
Oct.

59
65

4 101
90

28

Apr. 21 101
Apr.
8 98%
Feb. 20 77
Jan.
9 97

95% Jan.

18

Dec. 29

Apr. 11

75% Oct.

66% Dec. 30

60

4

Oct.

4% Aug.

70

Great North Pow 5sstpd—1950

Jan.

53

98% Dec.
103% Dec.

95

97

99

76

86

93% Aug. 3
92% Aug.
1
68% Jan. 11

9

19

80

77% Dec. 30

79% Apr.
92% Aug.
55% Sept.
88
Sept.

Dec. 20

94% Dec.

20%

98% Sale
103% Sale

Dec. 13

Dec. 11
47
Dec. 11
6 109% Dec. 23
108% Dec.

98% Sale
24

58% Apr.

% Dec. 12

47

99% 100% 100% Sale 100
82
80
82% 80
98%
99% 98%
99% 100
95
Sale
95
98% Sale

Sale

Dec.

8

79

Dec.

Dec.

5

% Dec.

118% Dec.

78

Dec. 22

6% Dec.

109% Dec.

112

Dec. 16

106% Dec. 28 102% Sept.
106% Dec.
4 102
Sept.
6% Dec.
1
4% Apr.

Dec.

76% Sale
110% 111
80% - Sale

92

96

106% 105) Dec.
106) Dec.
5% Dec.
""5% Sale
6
Sale
5% Dec.
%
% Dec.
%
% Dec.

108% 108% 109

97

97% Sale
60
Sale
26%
72% Sale

53*

104

90

8,569,000 Georgia Power ref 5s.....1967

see page

1

Sale
Sale

95%

236,000 Gen Pub Serv Co 5s......1953
2,154,000 Gen Pub Utilities 6)48 A—1956
1948
14,000 *Gen Rayon Ltd 6s A
1,141,000 Gen Wat Wks A El 5s A..1943

For footnotes

8
74
110

1

105% Sale

102% 103%
50%
89% Sale
1954
95% Sale

Grocery Store Prod 6s
Guantanamo A W Ry 6s..1958

Sale

104%

Finland Residential Mtge
6s stamped
484,000
1961
7,000 iFirat Bohemian Glass 7&.1957
1966
2,541,000 Florida Power Co 4s C

Georgia Pow A Lt 5s
...1978
tGesfuerel 6s...—....
1953
Glen Alden Coal 4s.
1965
4s registered.......... 1965
Gobel (Adolf) deb 4%s—1941
Grand Trunk West Ry 4s 1950

106% 107
6% Sale

78% Sale
118% 119

99% 100

Sale

Sale

106

Sale
110% 112
74% Sale
108% 112

1,255,000 Federal Water Serv 5)4s—1954

856,000
6,000
1,839.000
1,000
321.000
348,000
42,000
110,000
81,000

Sale

105

1

61 %

50% Sale
107% 108

Gary Electric A Gas—
5s ext stamped........1944
1,331,000
370,000 Gen Bronze conv deb 6s.. 1940

61%

Sale

96

-1953
1967

6%s—
74,000
240.000 Erie Lighting 5s

399,000 11,381,000 Florida Power A Lt 5s

68,000

64%

Sale

Oct.

Dec. 20
Jan.
3
Oct. 28

Dec. 12
Aug. 25
Dec.
9

107

Nov. 13
June 13

29

Mar. 8
Jan.
3
Oct.
6
Dec. 29

II*
70

77
91

Mar. 11
3

105

60% Dec. 28

62

46

49

Dec.

1

D

Sept.
Sept

8

47

Mar.

62

Oct.

23

45

Apr.

53

Jan.

109% Mar.

31
9

NEW

Jan., 1940]

CURB

YORK

AGGREGATE
SALES
In

Guardian Investors

7,000
33,000

"~5~,666
31,000

20", 000
4,000
39,000
264,000
210,000
189,000

360,000
19,000
5,000
55,000
71,000
164,000
153,000
81,000
31,000

35,000
36,000
42.000

289,000
116,000
64,000
228,000
55,000
18,000
10,000
22,000

6,000
92,000
679,000
70,000
208,000
346,000
1,000
265,000
54,000

Ask

Bid

Dec. 30

Ask Bid

1948

iHamburg Elec Co 7s
1935
iHamburg E & Und Ry 534s'38
Heller (W E) & Co 4s w w.1946
Houst Gulf Gas 634s x W..1943

Ask

1943

6s.
Houston Lt & Pr 334s

1966
iHungarian-Ital Bk 7 34S--1963
Hygrade Food 6s ser A
1949
6s series B
1949

_

273,000 IntPow Sec 6 34» series 0__ 1955
7s series E
1957
461,000
7s series F
1952
432,000
1957
5,426,000 Interstate Power 5s
Debenture 6s
1952
2,054,000
Interstate Public Service—
5s series D
1956
3,797,000

1958

434» series F

Iowa-Nebraska L & P 5s.-1957

41

44

43

47

4134 Sale

26 34

40

15

50

15

30
95

9634

100

102
103 34

Lowest

Lowest

Highest

Sale Prices

Sale Prices

Highest
Sale

Sale Prices

Prices

103
109 34

Sale

8

Sale

Sale

50
64 H
6434

65
66

10834

Sale
Sale

Sale

95 34
10234
10534

Sale

101

Sale

100

10534

10434 10534
10134 Sale
9834
9834

Sale

9934 Sale
102 34
96
98
86

Sale

84 34

86

5634

Sale

6534
6534

Sale
Sale

10734
9834
10434
10534
10234

9934
7234

Dec.

4

66

Dec.

16

59

Jan.

8

66

Dec. 22

60

Apr.

June 12

109

Sale

10634
9534
10234
10534

Sale

101

Sale
Sale

10534
10534
10134
9934
9834

Sale
Sale

7034

Sale

66

69

6334

Sale

48

54

41

Sale

4034

42

49

53

4634
4434
6534

Sale
Sale
Sale

46
44

47

Sale

Sale

Sale

100 34

Sale

66

6734
6334
10834 10834 10934 10734

10234
10234
10534

Sale

Sale

40

80

Sale

5734

42

Sale

38

41

32,000
33,000
57,000

"635,000 Jacksonville Gas 5s stpd—1942
728,000 Jersey Cent P & L 5s B_—1947
4 Ma series O
1,838,000
1961

40
105

11,000
29,000
198,000
210.000
16,000
23,000

120,000 Kansas Electric Pow 334&-1966
92,000 Kansas Gas & Electric 6s.. 2022
2,545,000 Kentucky Utilities 5s
—1969
1961
5s
2,296,000
428,000
634s series D
1948
534s series F
..1955
428,000

10334 105
11934 Sale

.

49

5
7

46

42

Dec.

2

6534 Sale

63

Dec. 21

49

46

Dec. 21

Sale

1
19
19
5
13
12

13
7

Isotta Fraschini 7s
Italian Suerpower 6s

1961
1958

7S--1952
-

Sale
10534
10534 Sale

40

Sale

30
29

23

7
7

82

Jan.

10334 Dec.

7

77

Jan.

10434 Dec.

7

1 10334 Dec.
1

10434 Dec.

7
15 10534 Dec.
10534 Dec. 11 10534 Dec. 26
Dec. 29 109
109
Dec. 29
44
Dec. 18
4634 Dec. 30

Sate

9334

Sale

99

100

10634

101"

104

91

Sale

1

30

Dec.

102

Nov.

7
10234 Dec.
9934 Nov. 3
7534 Aug. 4
74
Aug. 3
8834 June 7
110
May 10

31

Dec.

10? <4

91

19

Dec. 22
Dec. 28
7
Dec.
4
Dec.

Dec.

10534 10634 10534 10634 106
12234 12334 12534 127
123
Sale
10234 Sale
10134
104
Sale
10234 103
10234
105
107
10534 10534 10534
103
105
10334 10334 103

90

19

5034
4534
6634
5034

102

40

Dec. 30

46

4434
4534 .45
4634
4434 Dec.
10334 10334 10334 10234 Dec.
10534 10534 10534 Sale
105
Dec.

106

5034 Apr.
49
Apr.
6034 n ov.
9934 Sept.

8

Dec.

10634 Nov.'21
10334 Dec. 13
10534 Nov. 15

Jan.

86

Feb. 271
Dec.

Dec. 29

102

103

io?H
105

42

105

3434 Dec. 16

10134 Sept.
8534 Jan.
9534 Apr.
99
Sept.
9234 Sept.
9634 Apr.
9934 Apr.
85
Apr.

15

80

1963

Dec. 11 10834 Dec.
1 101
Dec.
Dec.
1 105
Dec.
Dec.
1 106
Dec.
Dec.
1 10334 Dec.
Dec.
1 105/1# Dec.
Dec.
7 105u3jDec.
Dec.
5 10234 Dec.
Dec.
4
Dec.
9934 Dec.
1
Dec.
7234 Dec.
1
Dec.
7034 Dec.
Dec. 27 6734 Dec.
Dec. 16 10834 Dec.

3934 Dec.
4534 Dec.

Sale
Sale
Sale
10534 106
10534 10534 10634
110
10834 110
Sale
46
4734

—1942

58 series B
Iowa Pow & Lt 4 34» A
Isarco Hydro-Electric

Dec. 12

Dec.

6734

Sale

105

65

66

82 34
77

30

10234 June 27
10334 Nov. 13

65

5554

10034
100 34
10534
49 34

Feb. 18

July 27
July 10

67

80

5534
5834 Sale
40
Sale

July
8
Sept.
9434 Jan.
!100
Sept.
10134 Apr.
102
Sept.
8
July

50
30

Apr. 10

25

66

55

108

36

11134 June 6
8
July 21
July 13

72

47

2

50

Sale

10034

86

4434 Dec.

12
35
14
3d
15
16
Dec.
7
Dec. 15
Sale
Dec.
1 10234 Dec. 19
10234 10234 102
10334 104
10334 104
Dec. 12
10334 10434 10434 105
104
Dec.
2 105
110
Sale
Dec. 29
11034 Sale
10834 Dec.
9 111

30

633
63J

4134 Dec. 30

50

102

105
108

ioi",666

1939

Corp—

5s series* A

444,000 Idaho Power Co 3s4s
1967
1,442,000 Illinois Pow & Light 5348--1957
5 34s series B
1,935,000
1954
6s series A
*—1953
2,912,000
5s series C
1956
5,028,000
714,000 Indiana Elec Corp 6s A
1947
220,000
634s series B
1953
5s series C
1951
2,030,000
512,000 Indiana Hydro-Elec 5s A--1958
1950
1,313,000 Indiana Service 5s
1st lien & ref 5s
1963
1,280,000
608,000 ilndiana polls Gas 5s A
1952
761,000 Indianapolis P & L 3 54 s—1968

5,732,000
1,689,000
217,000
386,000
314,000
35,000
1,626,000

Dec. 1

1939
Bid

BONDS (Continued)

341,000

YEAR

Jan. 3

1939

16,000

RANGE FOR

PRICES IN DECEMBER •
Price

NEW YORK
CURB EXCHANGE

112 Months

December

51

EXCHANGE

Dec.

9

10334 Dec. 27
4
10534 Dec.

Dec.

10634 Dec. 22

Dec.

126

Dec. 21

9
Dec.
10234 Dec.
2 10434 Dec. 29
Dec.
Dec. 13 10534 Dec. 26
4 10334 Dec.
Dec.
4

31

Sept. 27
Sept. 19
Sept. 19

55

Apr.

8

3834 Jan.

28

9834 Jan.
98

9
73
July 29
5534 Nov. 15

109

Sept.
Sept.
Oct.
Sept.

38
102

5
9

Mar.

10534 Dec.
7
10534 Dec. 26

Jan

10254
3034
5734
3034

5234 Jan.
54

5534 Mar.

Dec. 29

Jan.

102

5234 Jan.
80
44

Jan.

12
3

Mar, JO

30 4934 Aug. 15
May *29 107
Feb. 24
Sept. 9 10634 Mar. 21

98

Sept. 18
Sept.13
Sept. 6
8934 Apr. 10
100
Sept. 5
3
9334 Jan.

114
88

108

Mar. 17

12634 Aug. 16
10234 Dec.
9
10434 Dec. 29
107

Nov.

8

10434 Nov. 18

Lake

27,000

14",000
56,000
71,000
101,000

730,000
6,000
511,000
570,000
1,118,000
1,735,000

Superior Dist Power—
334 % series A
1966

Lexington Util 5s
1952
Llbby McNeill & Libby 5s. 1942
Long Island Ltg 6s
1945
Louisiana Pow & Lt 5s
1957
AMansfield Mining

7,000
7,000

100

10334 Sale

10634 Sale

263
1023

10434 Sale

90

92

Memphis Comra'l Appeal—
Debenture 4 His
...—1956
1947

60

9434

10

10334
80

9524
8934

87,000
201,000
1,000
72,000
211,000
144,000
75,000
122,000

1,848,000
2,620.000
1,000
1,144,000
3.408,000
4,235,000
549,000
1,566,000

Milwaukee G L434*
Minn Pow & Lt434s_.

..1951
Missouri Pub Serv 5s A—1960

108

76,000
83,000
127,000

Nassau <fc Suffolk Ltg 5s—1945
Nat Pow & Lt 6s A
2026

74

77

98

Sale

9234

Sale

125,000
8,000
270,000

564,000
2,291,000
3,617,000
193,000
221,000
615,000
295,000
3,210,000

8,000
108,000
21,000
188,000
297,000
288,000
2,000

1948
151,000 New Amsterdam Gas 5s
3,396,000 New Eng G A Elec Assn 5s 1947
5s
1948
1,015.000
Con v deb 5a
1950
3,713,000
1948
3,872.000 New Engl Pow Assn 5s
Deb 534s
1954
3,065,000
147,000 New Eng Pow Co 334s A—1961

8,000
14,000

Mengel Co 434s

1971
4s series G
1965
Middle Sts Petrol 6 34® A. .1945
Midland Valley RR 5s
1943
Met Edison 4s series B

15

1

9834 Oct.
2234 Jan.

1

95

40

10334 Dee. 21
10234 Sale" 10234 Dec. 13
10334 10434 10334 D0ec.
6
10734 10734 10634 Dec.
7

88
106

107
109

1st & ref 5s

Mississippi Power 5s
Miss Power & Light 5s

97
84

60

Sale

1967
—1978
1978

9934
9934

Sale
Sale

104
104

Dec.
Dec.

5

10434 Dec.
9
10734 Dec. 22

10434

-1955
1957

2030

-

2022

..1981

Nelsner Bros Realty 6s—1948
Nevada Calif Elec 5a
1956

108

9334 Sale

Sale

8234 Sale
89

Sale

10934
7334
7434

36

38

11534 116
10734 Sale
9634
9834
78

Sale

118

121

5434
5434
5434
9134
93 34
10734

5534
Sale
Sale
Sale
Sale
Sale

25

10434 10534 10434 Dec.
67

70

70

1

Dec. 29

10434 Dec.
7334 Dec.

1
4

98
98
100
Dec.
6
9734 Dec. 13 98
Sale
83
Dec.
5
8734
9034
88
Dec. 23
10934 10634 10934 10634 Dec. 20 10834 Dec.
9
11034 108
Dec.
5 11034 Dec. 15
11034 109
10034 100
10034
9934 Dec. 22 10034 Dec. 14
Sale
65
67
Dec. 29
6934
72
Dec.
8

Sale
Sale

10034
10234

t ANat Pub Serv 5s C O D.1978
Nebraska Power 6s—

76

10834
10934
9934
69

Miss River Power 5s

Deb 5s series B

17

72

1955

434s registered

434s

10534 10634 10434 Dec. 11 10634 Dec.

10034 101
10034 Dec.
102
10234 10134 Dec.
10134 Dec.
Sale
10434 10534 106
10434 Dec.
Sale
9934 Sale 103
9934 Dec.
103
Sale
103
Dec.
10334 104
11034 11134 10934 Sale
10934 Dec.
96
Sale
9134
92
9134 Dec.
9734
11134
10634

99
Sale
Sale
27
28 3i
124
12531
11034 Sale
102

104

7834

Sale

12034 12234
6534 Sale
65

69

6534

Sale

97

Sale

9834 Sale
10734 10834

9834
9934
9834
11134 Sale
11134
Sale
107
10634
24
2534
2434
121
12434 124
10834 10834 10834
10534 10734 10234
79

Sale

123

76

21 10134 Dec.
6
22 10234 Dec. 29
11 10134 Dec. 11
27 106
Dec. 15
1 103
Dec. 30
1

10334 Dec.

7

27 111
Dec.
4
6
9634 Dec. 22

5
Dec.
9934 Dec. 15
Dec. 27 112
Dec.
7
6 10734 Dec. 27
Dec.

Dec. 23
27
Dec.
5
Dec.
8 12434 Dec. 21
1
Dec. 21 11034 Dec.
7 10634 Dec. 23
Dec.
Dec. 14
4
7934 Dec.

12034 Dec. 15 121

Dec. 22

Sale

23

Sale

19

65
Dec.
8
6934 Dec.
5
6534 Dec.
6934 Dec.
Sale
1
6534 Dec.
69
Dec.
Sale
97
1
Dec.
9934 Dec.
Sale
1 10034 Dec.
9834 Dec.
10934 10734 Dec. 15 108
Dec.

18
29
29

16

New Orleans Pnblic Serv—

36,000
97,000
9,000
133,000
3,000
4,000

637,000
1,295,000

5s stamped....
A6s series A

1942
1949

209,000 aN Y Pa & O RR 4 34*stpd 1950
1980
3.051.000 N Y State E & G 434s
55,000 N Y & Westchester Ltg 5s-'54
4s
2004
248,000

Nippon Elec Pow 634®
1953
Nor Amer LAP 534s A—1956

42",666

102,000
834,000
631,000
573,000
310,000
494,000
648,000
986,000
180,000
1,272,000

39,000
98,000
96,000

356,000 Ogden Gas Co 5s—.—..1945
—1968
1,397,000 Ohio Power 3 348
1962
1,043,000 Ohio Public Service 4s

3,000
49.000
24,000
38,000
33,000
39,000
20,000
38,000

North Boston Ltg Prop 334® '47
Nor Cont Util 534s A
1948
Nor Indiana GAB 6s—...1952
Nor Ind Pub Serv 5s

5s series D

1966

1969

4Ks E
1970
Northwest Elec 6s stpd—1945
Nor'west Pub Serv 5s A—1957

For footnotes see page 53.




2 10834 July

24 30
Mar. 18 104

Mar.

8
2

Nov. 17

10234 Dec. 13 105
Feb. 14
91
Jan.
4 10434 Nov. 14
10234 Sept. 1 10734 June 7

& Smelt—

7s ex-warrants
1941
36,000
195,000 Marion Reserve Pow 4348-1952
1943
68,000 McCord Rad & Mfg 6s

26,000
17,000
40,000

4.000

40

Sale

10334 105
10334 104
107
Sale

77,000
115,000
295,000
413,000
239,000
381,000

9.000

16,000

Sale

10

iLeonard Tietz Inc 7348—1946

10034 102
9234 Sale
74

80

9934 Sale
11234
10534

Sale

40

58

97

Sale

102
101
83
105

Sale
Sale

102
10234 Sale
10234 10234 10034
79
8034
7934
10534 Sale 10434
11234 11334 112
11234
10534
106
10434
55

•

84
Sale

Dec.

Dec. 11

"4534 "4734

65
Sale

10234 10234 Dec.

10634

Sale

Dec. 21

Sale
48
Sale
4634 Dec.
10834 Sale
10734 10634 Dec.
10534 106
10534 Dec.
10534 Sale
10534 Dec.
104
10434
10334 Dec.
106
103
10534' 106
10434 10434 10434 105
10434 Dec.

108

11034

Sale

107

Sale

10934

Sale

10834

4

11034 113
11034 Dec.
108
10834 10534 Dec.
109
10934 10834 Dec.

29

15
14

23
15

55
Dec. 21
10234 Dec. 26

10434 Dec. 28 106

10734
10534 106
10534 Sale
10434 Sale
10434 10634
9734
9834

107

6

Dec. 11 106

106

55

Dec.

Dec.
Dec.
Dec.
Dec.

10234

65

103

Dec.
10334
Dec. 28 8334
1 10534
Dec.
Dec. 13 11234

2
Dec.
Dec. 11

49
12 10834 Dec.
12 10534 Dec.

4

11 10534 Dec.
5 104®m Dec.

14

1
1

5 10534 Dec. 14

11134 Dec. 19
10834 Dec. 29
1
10934 Dec.

2834 Jan. 11 3134 Aug.
7
9934 Sept. 22 10534 May 23
May
1
7534 Nov. 15

45

9434 Oct.
82

Apr.

4
14

9854 July 21
9134 Mar. 10

102

Sept. 7 110
104
Sept. 11 11034
9334 Jan.
3 10034
5834 May 2 7334

Nov. 17

May 23
Dec. 14
Oct. 30

9334 Apr. 13 10134 Aug.
Sept. 7 103
Oct.
Dec. 11 10134 Dec.
102
Apr. 14 107
Aug.
4 103
8234 Jan.
Dec.
8834 Jan. 12 10334 Aug.
107
Sept. 6 11134 Nov.
7334 Jan. 10 9634 Dec.

10? 34

77

Jan.

5

98

Jan.

3 112

2
25

11

4
30

15
1
22

9934 Dec. 15
Oct.

9234 Jan.

3

3 10734 Nov.
24
Dec. 23
38
Apr.
11434 Sept. 8 125
Nov.
10734 Jan.
3 11134 May
96
Jan. 23 10934 July
7234 Sept. 5 8934 Mar.

25

114
55
54

27
18
18
10
29

Oct.

Jan.
Jan.

2 12334 July

14
27

5434 Jan.
3
8754 Apr. 11
90
Apr. 10
10034 Oct.
3

9934
8934
7734
97
11134
10134

July
July
7344 July
9934 Dec.
10034 Dec.
10934 May

m

2 104
Feb.
Apr. 11104
Sept. 23
8634
Sept. 5 10534
Sept. 29 11334
Sept. 25 10634

July

29
29

6
7
10

29

31

18

Nov. 27

Mar. 23
Nov. 9
May 26
June 13

49

Aug. 28 58
Mar. 11
Apr. 11 10234 Dec. 26
Sept. 6 108
Nov. 22
Dec. 29 5834 Aug.
7
Sept. 6|11034 Oct. 17
101
Sept. 7 107
Jan. 26
10034 Sept. 7|10634 Jan. 11
96
Sept. 6 10534 May 29
104
Feb. 21 108
May 23
95
Apr.
8 10534 Nov. 9

9534
10034
4634
10534

104
97

Sept. 29 11134 Dec. 19
Sept. 5; 109 34 Aug.
1
9934 Sept. 6 11034 Nov. 27

NEW

52

CURB EXCHANGE

YORK

aooreoa tb
NEW
In

Jan. 3

Bid

(<Concluded)

268,000 0 da Nat Gas 3^8 B
1955
43,000 GilaPow & Water 5s A—1948

1940
192,000 1 acific Coast Power 5s
767,000 Pacific Gas & Elec 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 PennCentLt& Pow4MS-1977
5s.
1979
254,000
1,952,000 Penn Electric 4s series P.-1971
4s series P reg

107 M

107 h

101

102

113M

Sale

100M 103
110M Sale
95 M

92 M

94
113M H4M
76

Sale

30

32

92 M

Sale

98

Sale

97

Sale

96

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale

107

93 M

Sale

92

107M 107M 107M 107

108 M 109 M 109 M
105 M
107 M Sale
107 M
Sale
108
106 M
107
108

111M 108

Sale

107 M Sale
106M
100 H 101M
95 M
96 M Sale
98
98 M Sale

Sale

Sale

113M

Sale

—1959

107 M

1947
5s series D
.1954
Penn Water & Pow 4MS--1968
5s
l
1940
Peoples Gas Lt & Coke 4sB_'81
4s series D
1961
Phila Elec Power 5 Ms
1972
Phila Rapid Transit 6s—-1962

Penn Pub Serv 6s C

Sale

—

104M
Sale

91M

77

Hydro-Electric Co—
50
6 Ms series A
664,000
1960
1949 105
140,000 Pittsburgh Coal 4s
98
1948
374,000 Pittsburgh Steel 6s

Sale

92 M

107

Sale
Sale

114
94 M

106

108 M 107 M
107 M 107 M

Sale

95M

Dec. 21

96

109M Dec. 14 110
1
94 M
92 M Dec.
43M Dec. 26 44 M
»,
1
102
Dec.
14 104
104 M Dec
Dec. 20 104
103 M ~
104

Sale

7 107 M Dec.
4
8 104 M Dec. 16

100% Dec.
2 100 M Dec. 12
100M 103
1
109 M 110M 109M Dec. 29 110M Dec.

110M 112
110M 115
94 M Sale
92 M Sale
45
43 M
42 M
44
Sale
102 M Sale
102M
104 M 103 M 104 M
104
104 % 104 M 104 M 104 M
107

Dec.

103M 102M Dec.

102M 103M 103

Without warrants

5Ms series B

Sale

Lowest
Sale Prices

30
Ask

Ask Bid

Bid

Sale

91M

1962
1950

Penn-Ohio Edison 6s

744,000
1,195,000
359,000
112,000
606,000
333,000
2,325,000
2,516,000
1,643,000
181,000

Ask

1971

5s series H__

10,000
623,000

Dec.

Dec. 1

1939

BONDS

106 M
100
94

96 %

Dec.

34,000 iPomerania Elec Co 6s—1953
1,913,000 Portland Gas & Coke 5s.-1940
5s certifs of deposit
1940
2,000
Potomac Edison 5s ser E--1956

4 Ms series P
Potrero Sugar 7s

1961

stamped .1947

Power Corp of Can 4 Ms B-1959
iPrussian Electric 6s
1954

18M
64

46

51
106
Sale

Sale

104M 105
99 M 100
8

23M

81M

Sale

30

Sale

107M 108

109M 110

109

110M 111

39M

111

49 M
83

41M

102 M Sale
18
22

8

53 M
Sale
' 30

50 M
87
14

Sale
111

Sale

Dec.

14

76

12

32

Jan.

Dec.

19

91

Jan.

Dec.

20

Dec.

88
30

1,071,000
1966
304,000 Pub Serv of Okla 4s
6-,892t000 Ruget Sound P&L5 Ms.-1949
5s series C
1950
2,870,000
4Ms series D_
1950
3,679,000
_

-

930,000 Queens Boro G & E 5MS--1952
77,000 A "Ruhr Gas Co 6 Ms
7,000 iRuhr Housing 6 Ms A

1953
1958

iSt Louis Gas & Coke 6s_1947
61,000
afe Harbor Water Pr
1979
559,000
1952
86,000 San Joaquin L & P 6s B

Sale
107 M
-75M Sale 72 M Sale
71
Sale

148
106 M

Sale

35

97 M

96 M

35

95

Sale

17

13

Sept.

105M July

Dec.

104

Dec. 29

Dec.

102

Sept.

108

Nov.

Jan.
Jan.
Sept.
Sept.
Sept.

109 M Dec. 29
107M Nov. 9

1

100M
91M
102M
103M
104M

4

100

2
96 M Dec.
1
20
98 M Dec.
5 114M Dec. 30

90

Dec
Dec
Dec
Dec
Dec
Dec
Dec
Dec
Dec.

Dec.

9 109M Dec. 29
20 107 M Dec. 12
Dec. 13
4 109
Dec. 18
18 108

29 107 M Dec.
11 100 M Dec.
21

2

95

Dec. 29

Dec.

Dec.

Dec.
Dec.
6
Dec. 20

Dec. 11
Dec. 29

108 M Dec. 23 109 M Dec.
Dec.
110
Dec. 22 111

Dec.

12
82M Dec. 13
14
Dec. 20

51M Dec.

4
18

6

88

Dec.

20

14

Dec.

20

94M Dec.

8

97

Dec.

2

35

Dec.

Jan.
3
Dec. 27

20
Sale

109

109

Dec.

15 110M Dec.

131

130

136

131M 132 M 131

Dec.

28 134

1

Dec. 23

17

24

11

Sale

20

30 M

31
101M 101M
64~^ 67

104 M

Sale

104

35
23

11

Sale
68

64 M

Sale

94 M
94 M
91

103 M

104 M
76 M

95 M
84

Sale

84 M

Sale

99 M

Sale

99

95
108 M

Sale

73

88

M

Sale

113

Sale
108 M 109 M

108 M

Sale

108 M

Sale

109M
109M

104 M

Sale
45 M

105 M

Sale
103 M 103 M
81M
83
104 M 105

104 M
103 M

Dec.
8
8
21
Dec.
6 103 M Dec. 30
Dec.
Dec.
7
30
67
Sale
64M Dec.
8
96 M Dec.
94 M Dec. 27
95M
96 M Dec. 11
94
Dec. 13
95 M
Dec. 27
4
95
84 M Dec.
95
7
Sale
99
Dec.
99M Dec..14
Dec. 29
1 113
Sale
109M Dec.
Dec. 28
5 110
110M 108M Dec.
Dec. 28
1 110
110
108% Dec.
23

Sale

21

102

M Nov.

109 M Feb.

July

Sept. 21 111

39M Jan«
77M Oct.

4
2

Dec.

20

349,000
581,000
394,000
356,000

Southwestern L & P 5s

1957

Southwestern P & L 6s
2022
S'western Pub Serv 6s A--1945

44

49

Sale
51

Sale
Sale
99 M 101
107M 108M
49
50 M

103 M

ASpalding (AG) & Bros 5s 1989

105 M
51

"'ale

105

109

Sale

102M
103

104 M

107 M
50

Sale

Sale

105 M Dec. 21 105M Dec.
1
2
52
Dec.
7
50
Dec.
104 % Dec. 12 105 M Dec. 27
5 103 v* Dec.
1
102M Dec.

7 104 M Dec. 22
99 M Dec.
107 M Dec. 30 107 M Dec.
4
Dec. 18
47M Dec. 11 50

6s stamped
6s conv stamped

6s

719,000
3,945,000
2,339,000
299,000
1,626,000
2,446,000
1,000

Terni Hydro-Electric Co—
6 Ms series A
1953
Texas Elec Service 5s
Texas Power & Lt 5s-

1960
1956

6s
2022
Tide Water Power 5s A—1979
Twin City Rap Tr 5Ms A-1952

5 Ms A registered

1950
1949

United Elec Service 7s
Without warrants
585,000
AUnited Indus 6 Ms

41,000
99,000
705,000
1,649,000
350,000
3,551,000
614,000
312,000
702,000
1,366,000

33

Sale

17 H

18

17 M

19

60

62

25 M

28

32

28

Dec.

6

28M Dec. 29

48

50

16M

30
19

24 M

25

19

Dec.

6

24

45M

Sale

104 M
107 M

Sale
Sale

67

65 M
65 M

49 M
99
103 H
100
87 H
50 M

Sale
Sale

Sale
Sale
Sale

51M

52
Sale
116H 117

51

1941

A 1st 6s_
United Lt & Pow 6 Ms
Deb 6s

5Ms.

67

Sale

66 M
65

44

104 M
106

67 M
67 M

65
65
66

66 M
Sale
Sale

67 M

66K

Sale
67 M

67

Sale

Sale

67

Sale

47

Sale

63M Jan.

23

Sale
-

—

8

Sale

Dec.

7

8

18

Dec. 29

Dec. 22

21

5

1

31

35

Jan.

11

25

Aug.

103M Mar.

48
May
80 M Sept.

106

85

75

99 M Aug.
1
Dec. 29

Jan.

113

94 M Jan.
102

102

11

Dec. 23
Dec. 23

1945

1974
1975

—1959

United Lt & Rys(Del) 5 Ms 1952

57

Sale
Sale
77 M Sale

26 M
26 M

75
Sale
104 M 104 M
78 M Sale

United Lt & Rys (Me) 6s A1952
Deb 6s series A
1973
Utah Power & Light 4MS-1944

jl6s series A

112MIH4
72
73M
91M
94
2022
82
83M

6s_

1946

1,357,000 i5s series B

1950

90 M
82

87

92
Sale
Sale

45% Sale

45

35
Sale

19
16

Sale

85

30
Sale

Dec. 15
Dec. 27
16 M Dec. 27
4
85
Dec.

Sale

83

Sale

82

13
17
85 M
82

108
89

116M

45 M
30

43

20

Dec.

1

1
45 M Dec.
20
Dec. 27
1

17
Dec.
87 M Dec. 21
Dec. 14

85

108 M 106M 108 M 106 M Dec. 29 108 M
Sale
Sale
4
88 M Dec.
93
93
1 118M
Sale
118
119
116M Dec.
80
79
80 M
79M Dec. 28 81

78
98

100 M

98

99 M 100

98 M

Sale

98 M

99

101M
97 M
100 M

Sale
Sale
Sale

102 M

Sale

100

Sale

100 M

Sale

Dec. 11
Dec. 30

Dec. 20

5
Dec.
5
Dec. 14 100 M Dec.
1 101
Dec. 13

98 M Dec.

101M Dec.
97 M Dec.
100 M Dec.

1 102 M Dec.

16

16
8
102M Dec.

1 101M Dec.

7

Sept. 27
Feb. 20

105 M Feb. 16
Dec. 27
95

Sept.

76M Jan.
83

111M May 12
111M May 12

Sept.
Sept.

106

103 M Feb.

57

39 M May

Nov. 30
Oct.

18

100 M Sept.
100
Sept.
81
Apr.

105 M Dec. 27
105 M Nov. 22
104 M Dec. 22

104M Jan.
47M Dec.

108M Nov. 29
59
July 20

55

Apr.
54M Apr.
55
Apr.
54
Apr.
54
Apr.
53 M Apr.
15M Dec.
25

Oct.

15M Nov.

29

8 118

2

21

Mar. 18
27
9
31M Jan.

Nov.

11
11
11
11
11
li
13

74 M Aug.
74 M Aug.
74 M Aug.

26

64

Mar.

1

50

Jan.

73 M Aug.
74
Aug.
73 M Aug.
35

Jan.

3
3
3
3
3
3
5

9

14

Jan. 14
53;
104^ Dec. 16

Sept.

103

61M Dec. 11

3

98 M July

99 M Sept.

7

103
Dec. 18
63 M Dec. 21

5M Dec. 21
116M Dec.

117M

Dec. 29

67M Dec.

46M Dec.

Dec.
Dec.
Dec.
61M Dec.

9M
116M

67

68M Dec.

Feb. 25

July 14
6 111M Oct. 24
Aug.
1
121M Sept. 16 138
16 M Feb.
106
Sept.

104 M Dec. 16
107 M Dec. 30
115
Dec. 29

43
Dec.
104M Dec.

106
Sale
114 M
115
114
114M 113
99 M
102 M 102 M
99 M Sale
60 M
62 M
60 M Sale
63

68 M Dec.
69 M Dec.

20

Nov. 17

93 M Aug.

70M Jan.

94 M Sept.

Jan.
99 M Jan.

107M Dec. 30

86M Jan.

103

115

Aug. 15
Dec. 18
Aug.

3

Dec.

11

52M Jan.
5M Dec. 21
Sept. 11 119M July

11
14

661
61}

50M Jan.
61M Dec.

110

1956

1,929,000 Virginia Pub Ser 5Ms A—-1946
502,000

Sale

Sale

65

1952

Ulen & Company—
6s 4th stamped
1,242,000
224,000 United Elec of N J 4s

7
7
5

60 M

I

1951

6s gold debs
1957
574,000
6s
1966
1,785,000
1957
2,949,000 Stand Power & Lt 6s
1950
661,000 AStarrett Corp 5s
Stinnes (Hugo) Indus—
7s 2d stamped
-—1940
149,000
7s 2d stamped
-1946
258,000

68 M Dec.

Dec. 27
1
Dec.
2
Dec.
65M Dec. 20
65 M Dec. 27
1
65
Dec.
15 M Dec. 13

65 M

1948
1948

4

Sept/28 157 M Aug. 15
100
Sept. 21 108 M May 10
99 M~Dec. T8~—
75 M Jan:
97 M
72
Jan.
30

Standard Gas & Electric—

2,512,000
1,751,000
2,698,000

4
4
6
5

53
Sept. 12
105 M Mar. 14

Southern Counties Gas
of California 4Ms
-1968
858,000
1951
713,000 Southern Indiana Ry 4s
S'western Assoc Tel 5s A--1961
596,000

29

134

9M Oct.

35

21M

102 H
65
96 M

84

105 M

ASaxon Public Works—

gg
1937
42,000
1951
86,000 ASchulte Real Estate 6s
956,000 Scripps (E W) Co 5Ms
1943
1951
592,000 Scullin Steel Co 3s
1,413,000 Shawinigan W & P 4Ms—1967
4M8 series D_
-1970
681,000
1947
216,000 Sheridan Wyo Coal 6s
1,228,000 Sou Carolina Power 5s_—-l957
2025
7,610,000 Southeast P & L 6s
2,037,000 Sou Calif Ed 3 Ms--May 1 1960
3Ms series B-._July 1 1960
725,000

Jan.
Mar.

82 M Dec. 29

107

Apr. 14
21M June 30

19M
110M

Dec.

95

95 M Aug. 31 100M Oct.
June
7
Oct.
2 22

14

19
12

July 17
ioo n Aug. 15
115M Oct. 16

51
35 M Sept. 19
101
June 28 108

81

9

100

Sept.

92 M Apr.
109M Sept.
76
Apr.

64

25

109 M Mar. 13
Mar. 22
108
108 M Oct.
Jan.
105

28

16M
17
108 M 109

110

2

Jan.

35

Sale

4

12
103 H Dec. 19
Nov. 20
105

94

151M 155

35

66
31
20

7

95 M Aug.
44 M Dec.

98

147
Dec.
150M Dec. 28
Dec. 12
108 M 107
Deq. 29 108
107M 108M 107
-97—Sale-4- -98 M Sale- -96 M- Dee.—4- -99 M Dee; 18
97 M Dec. 30
97 M Sale
"94M Dec.
94 M Sale
sale
93
Dec. 22
89 M Dec.
1
89 M Sale
148

109M Oct.

104

Public Service Co of N J—

6% perpetual certificates

2

Dec.

113 M Jan.

Jan.

Dec.

May

96

Oct.

Dec.

88

Mar. 24

6 104
Sept.11 114
Sept.

7

92

50

98
108

4
17 107 M Dec.
3 104M Dec. 16

" Dec. 29
4 107 M Dec. 12

46
9
43 M
46
104 M 104 M 104M Dec. 26 105
99 M Dec. 12 100
98
100
7
13
11M Dec.
12M
30
6
83 M
81
Dec.
83
Sale
80 M
81
Dec. 27 82 M
82
108 M
110

91M Jan.

Dec. 29 104

113

44

103 M Oct.

7
15

Piedmont

594,000
228,000
150,000
214,000
23,000

year 1939

Price

YORK

CURB EXCHANGE

Months
1939

12

December

range for

prices in december

sales

33
.8

Sept, 20
Oct.

13

Jan.

14

28M July

25

52

28 H June 14
90
Aug.
5
Oct. 26
88
7 108M Dec. 11
103
Sept,
Dec. 30
93
78 M Apr. 11
110
Aug.
3
Sept, 11

16M Dec. 27
72
Apr. 10
8
68
Apr.

Aug.
3
68M Apr. 15
8 100M Nov. 16
91
Apr.
Dec. 13
81M Apr. 11 101

89M Apr.
82

87

Jan.
Jan.

10 102 M Dec. 16
3 101M Dec. 16
8
3 102M Dec.

C
Waldorf Astoria Corp—
a5s income deb...
3,306,000
Wash Ry & Elec 4s
89,000

1954
1951
Western Newspaper Union—

510,000
349,000
310,000
51,000
1,827,000

21
Sa'e
107 M HO

Conv deb 6s
1944
West Penn Elec 5s
2030
West Penn Traction 58—1960

59 M Sale
104 M 105

Wheeling Elec Co 5s
Wisconsin P & L 4s A
Yadkin

1951
1966

River Power 5s...1941
795,000
-—.1937
454,000 t AYork Rys Co 5s
1947
847,000 A 5s stamped——

F#r footnotes

see page




53.

111M 112
106 M Sale
100 M Sale
102
87 M

87 M

102 H

90
90

10 M Sale
107M 112

105 M
114M

56
Sale
Sale

53

10
Sale
107 M 109

52

54

9M Dec. 28

11

Dec.

1

49

Dec. 28

105 M 107

105M Dec.

115M 119
104 M 105
105 M 106

114

4

49

Dec. 26

104
100

55M Dec.

1 106M

Dec. 15 115
Dec.
4 104
104
Dec.
Dec.
105 M Dec. 21 106M Dec.

5
4

104

105

106 M

Sale

105 M

1
Sale
105
Dec. 20 105 M Dec.
Sale 105
96
97
94 M Dec.
8
97
Dec. 20
97 M
96 M
96 M Dec. 28 98
Dec. 12
97 M
97

94

95 M

9

106

1

Sept.
Sept.

1 31 % Feb. 17
July 14
7 111

Mar. 4
Dec. 28 63
28 106 M Aug. 29
July 24
Sept. 5 116

Jan.

103 M Nov.
99
Sept.

3
1 106M Jan.
Nov. 17
6 107

June 15
102M Jan.
4 106
87
Apr. 20 97M Nov. 27
98
Nov. 21
86 M Apr. 24

Jan., 1940]

NEW YORK CURB EXCHANGE

53

AGGREGATE
SALES

PRICES IN DECEMBER
new york
curb exchange

In

12 Months
December
1939

RANGE FOR

YEAR

1939

Price
Jan. 3

Dec. 1

1939
Bid

Ask

Bid

Dec. 30

Ask Bid

Ask

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

foreign government
and municipal

Agricul Mtge Bk Rep of Col—
37,000
420-year 7s
Jan 15 1946
7s certifs of deposit
1,000
1946
33,000
420-year 7s
Jan 15 1947
7s certifs of deposit
1947

3,000
1,000
6,000

468 ctfs of deposit
1947
Antioqula (Dept) Colombia—
47s A ctfs of deposit
26,000
1945
47s C ctfs of deposit
3,000
1945
47s D ctfs of deposit
'1,000
1945
47s 1st ser ctfs of dep—1957
11,000

2,000

3,000

84,000 iBaden (Germany) 7s
1951
Bogota, City of (Colombia)—
48s ctfs or deposit-.:
1,000
1945

10,000

Caldas

"9",000

9,000

26

26%
20
26 j
20
20

'24% "36"

35

27% Dec. 19
25)4 Dec.
8

25)4 Dec.

26%

30

27

27)4 Dec. 29

35

25

25

35
35

25

35

14)4 Dec. 20

10

20

11

25

20

11

25

16)4

11

25

8)4 Jan. 26
12% Aug. 22
13% June 21

7

15

10

20

10

25

11

17

30

9

25

12

30

11%

20

10

35

15

35

20

10

35

10

35

Sale
Sale

14

17

14% Sale

10

25

12

25

10

25

10

25

9

35

35

9

35

12%
12%

38

26

51

40
70

42)4

50

11)4
13
12

Prov Banks 6s B
■46sA_a>

1951
1952

—

23
23

40

40

49,000
67,000
146.000
233,000
242,000
25,000
10,000

4Hanover (City) Ger 7s
1939
4Hanover (Prov) 6%a
1949
ALima (City), Peru, 6)4s—1958

10
8
10

AMaranhao (State) 7s_
1958
4Medellin (Colombia) 7s—1951

15!

1954

7M

20

12..

46,000
11,000
20,000
15,000

47s issue of May 1927—.1947
47s ctfs of dep (May)...1947
47s issue of Oct 1927
1947
47s ctfs of dep (Oct)
1947

24 M

30
30
30
30

26)4

35

00 00 00

!

i

1

1

!

1

I

1

1,000
18,000
11,000
24,000
25,000
98,000
99,000

98.000
122,000
288,000
388,000
554,000
370,000

46s

1,000
4,000
2,000

•

n
a

1947

..

7% ctfs of deposit
46 He ctfs of

deposit-

Itge Bank of Columbia
6%b ctfs of deposit.

1,000

45 Ms
nta Fe

Ex-dividend.
Bonds being traded flat.

t Reported in receivership.
Abbreviations Used Above:
"cod" certificates of deposit,
"cons" consolidated.
"conv" convertible.




17
17

99M

40%

97M

23
51
46 &

8%

30

21
20

8
9

20

1951

12

25%
24)4

11

Dec.

4

14)4 Dec. 20

11

Dec.

4

Mar. 16

9)4 3Siov. 14
15

Mar. 10

28)4 Jan.
7
25% Dec.
8
27% Dec. 29
25

Dec.

6

24% Mar. 14
14% Dec. 20
14

June

9

13% June 21
14% Nov. 16
20

July 20

15

Mar. 10

23

Sale

65

8)4

1947
16
96

Sale
97

8

9

5%

1945
—1949
.1961

13%

58

Sale
14 %

10

18

Nov. 20

11)4 Mar. 18

12

Jan.

15% Dec. 28

17% Dec.

8

15% Dec. 28

17% Dec.

8

25% Mar.
25% Mar.

7
3

28

6% Sept 21
8

30)4 Dec.

8

30 % Dec.

48

9

52)4 Dec. 21

Dec.

Oct.

9

19% Feb. 17

_

Dec.

Nov. 13

8

Oct.

30% Dec.

9 100

48

45

4

4

3

8

Jan.

6

96% Jan.

5

35% Feb. 20

Sale
20

lhH

12% Dec. 27
Dec. 27

Mar.

6

12)|

7% Sept. 22
6)4 Sept ..16

20

11)4 Dec. 15

20

Mar.

6

10

12
12

Dec.

12

Apr.

18

20

Mar. 17

Dec.

6

6%
7%
7)4
6%

22

Dec.

10

13

Mar.

11)4
13
11)4
20
9)4 Sale
9)| 10h
14 %
16)<

Dec.

Dec.

2

9

Dec.

16

Dec,

11

W'

25

12.

25

13 )4

Dec"."

8 -43M

28

26)4

28

26

Dec.

6

26

25

Dec.

6

25% Dec. 30

29

25 % Sale
26)4 30

24

35

14

16

8%

si*
Sale

7)4

6

8

25% Dec. 27

25% Dec. 27

14% Dec. 11

14% Dec.

41

19

48

Dec.

13)4
13)4

....

15
19

15

Mar. 10

18

Nov. 22
June 10

15

9—Jatf .'20

25% Jan.

13% Dec.

9

Dec.

25% Dec. 27

25% Dec. 27

June 30
Dec. 19

16
Jan.
3
96% Mar. 17
15
Mar. 10

25

8

Dec.

8

Dec,

Sept.
Sept.
% Aug.
% Oct.

4

% Dec.

8

% Dec.

5

69)4 Dec. 26
13)4 Dec. 28
13)4 Dec. 27

"cum" cumulative.
"m" mortgage.

non-voting.

69)4 Dec. 26
14% Dec. 18
13% Dec. 27

Dec.

47

25
26
31
14

Apr. 27
8)4 May
5
8)4 May 3

Nov.
Dec.
Aug.
Nov.

8

26%
25%
26%
26%

11

8)4 Dec. 21
6% Dec. 12
Dec. 26

69

2

Feb.

-

7

% Dec. 29
70
16)4
18

Sept.

4
10

24% Oct. 21
26
Apr. 21

35

35

50)4 85
8% Sale

D^.-~~8
Dec.

22
13
16
16

11

9)4 Dec. 26

14% Dec. 20

12

Sept.
Oct.
Sept.
Oct.

10

_

11)4 Dec.
6
9)4 Dec. 1

Abbreviations Used Above:

"n-v"

Jan.

12

35

67)4
13)4
13)4

8

10
20

a
45
13 %

Dec.

12

26)4

7

15% Aug.

16

12)4 Sale

23

7

16)4 June 15
14% Dec. 21

35

21

25 %

(City) Argentina—

Sold for cash.

k

25
Sale

1921

No par value.
Sold under the rule.
Deferred delivery sale,

*

19 %
99 %

_

—

AMtgeTBank of Chile 6s__.1931
Mtge Bank of Denmark 5s 1972
4Parana (State of) .Brazil 7s '58
4Rio de Janeiro 6%b
1959
4Russian Govt 6 Ms
1919

478 stamped
124,000
187,000 4Santiago (Chile) 7s
47s.
59,000

r

6

16

13

9,000
5,000
38,000
15,000
25,000

1-1

Dec.

10

178,000

11

25

6

11

15

18,000

•

Dec.

Jan.

15

28",000

-

25

26

15

Colombia (Republic of)—

~i~66o

8

8)4

46s ctfs of dep (A & O) —1961
9,000
297,000 Danish Cons Munlc 5 Ms. >1955
5s
1953
139,000
4Danzig P & Wat'way Bond110,000 Aextarnal s f 6%b
1952
227,000 4German Cons Munic 7s—1947

2,000
29,000

23% Sept. 18
25)4 Dec.
8

27)4 Dec. 19

24)4 Jan.

Dec. 29
Dec.
6

8 %

8)4

7%a ctfs of deposit
1946
4Cent Bk of German State &

20,000
16,000

35

25
29

(Colombia)—

a7)4s ctfs of deposit— 1946
4Cauca Valley (Dept of) Rep of
Colombia extl s f 7s
286,000
1948
47s ctfs of deposit
8,000
1948
12,000

26,000

25 %

'26% ~30~

29
30
17
17

14% Mar. 11
% Feb. 23
% Jan. 11

69% Dec. 26
14% Jan. S$5
i.n
15% Sept.

Mtge. Bank of Denmark 5s 1972, Dec.

7 at 49)4

n Under the rule
sales, in which no account is
taken in computing range, are given below:
No sales.

"vtc"

voting trust certificates.
"w i" when issued.
"w w" with warrants.
"x-w" without warrants.
a Deferred
delivery sales, in which no account is
taken in computing range, are given below:

Oonsol. Retail Stores 8% pref., Dec. 19 at 91i

r Cash sales, in which no account is taken in
computing range, are given below:
Assoc. Gas;& Elec. com., Dec. 29 at %.
Cook Paint & Varnish Co., Dec. 11 at 10.
Pennsylvania Sugar Co., Dec. 29 at 13.
United Shipyards class B, Dec. 15 at 2)4.
Universal Corp. v. t. c., Dec. 29 at 3)4.

Chicago Stock Exchange
RECORD

MONTHLY AND YEARLY

STOCK EXCHANGE

RANGE OF PRICES ON CHICAGO

December

Jan. 1 to Dec. 31

—~

AQOREOATE
SALES
In

December

RANGE FOR

IN DECEMBER

PRICES

BONDS

1927
2,000 Chic Ry 1st M 5s
1,686,000 Commonwealth Ed 3*s—1958
Stamped.
—
26,000

Ask

122*

53* Oct.

i09~~*Sale"
>

400

5,031
3,270
8,850
20,950
15,960
16,600
3,650
6,800
13,877

272

500
450

3,300
1,450
1,650
850

550
*40
540

300
850

3,140

~4~, 500
650
100
200

1,000
1,000
650

4,625
7,950
550

2,700
5,465
510
200
850

2,250

977

250

3,570
3,200
2,150
65,455
350

1,220
400
80

1,050

8~0~,252
3,800

7

Castings—--5
common—1
common--*
Allied Products Corp cl A
25
Common
L
-—----10
Advanced Alum

7
11

Aro

Co common—

Asbestos Mfg Co common—1
Associates Invest Co com
*

Athey Truss Wheel

capital—4

Automatic Washer common. _3
Aviation Corp

3

(Del)

1

Aviation & Transport cap

Berghoff Brewing Co
Binks Mfg Co capital
Bliss & Laughhn Inc corn-Borg-Warner Corp common
Brach & Sons (E J) capital-Brown Fence & Wire class A_
Common

11,550
102,705 Butler Bros common
5% convertible preferred—
13,274

Foundry capital
*
4,760
12,530 Castle & Co (A M) common. 10
2,350 Cent Cold Storage Co com.-20
*
35,210 Central 111 Pub Serv pref
Cent 111 Secur Corp—
Common
------1
21,300
Convertible preferred—*
15,400
105,365 Central S W XJtil common—50c
Prior lien preferred
*
4,882

810
140

Chicago Ry pt ctfs "I"
Part certificates "2"

4*
2*

Sale

k

Sale

*
6*

3*

Sale
7

6

14

7*
12*
10*

8
Saie
11
5*
Sale

7*
4*

w*
32
16

20*
7*
15*

Sale

5*
20
Sale

17
22

Sale
Sale

9

2*

Sale

9

Sale

20*

17
22

14*
68

Sale

18
23*
15
Sale

26,980
14,850
1,210
769,684
854,000
18,200
14,950
42,579

19

14 128

Jan.

3 118

76*

13

171

Dec.

28

147*

Sale

6

Dec.

1

Dec.

29

3*
7*
*
30
2*
1*

6

5* Sale
2* Sale

5

Dec.

18

3*

J*

Sale

Dec"

13

6*
16*

5

20

17

A"
12*
2*

980

1,198
375
40
Y

10*
4*
Sale
Sale

21*
18*
4*
11*

'*V*
Sale

14*

15

22

20*
11*
82*

15*
21*
12*

*
6*

Sale




a

5*
16*
9*
17*
9*
4*
28*
9*
3*
21*
23*
21*

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec. 28

Dec.

17

3*

19*
13

66*

*

*

3^

Sale

110
69*

Sale
.8

7*
2*

2*
35
Sale
15

108

70

82*
4
2

33
31

13*

Sale

3

Sale

7*

13
6

*

2*
*
Sale

73*

Sale

108

70

89*
4*
2*

5

Sale

Sale

4

Feb.

20

Dec.

15

2

June

13

Dec.
Dec.

Dec.

4

Dec.

5

5* Sept.
1
18* Apr. 11

23* Mar.

Dec. 29

* Dec. 13

109
60

2

3* Dec. 28
7
20* Dec.
9
12
Dec.
1* Dec. 22
35* Dec. 29

15* Dec. 26
21* Dec. 13
Dec. 29

12

82* Dec. 14
*
6*
*
113*
71*
4*
20*

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

6

65* Dec.
* Dec.

4

100

Jan.

15

45

Jan.

13

1
1* Dec.
36* Dec. 22

72

18

Dec. 30
2
* Dec.

* Dec.

* Dec. 26
* Dec. 20
108

Dec.

69

Dec.

26

* Dec. 20
Dec.

1

70

Dec.

18

82* Dec.

1

90* Dec. 16

4* Dec.

4

5* Dec. 14

2* Dec.

2

3

Dec.

7

11

35

Dec.

16

Sale

30* Dec.

1

32* Dec. 29

11* Dec. 27
3
Dec. 21

13* Dec. 14
3* Dec. 11

7

Dec.

1

2* Apr.
15

7* Dec.

1

Jan.

11* Sept.

*
1*
32*
12*
61*

Apr.
Apr.
Sept.
Apr.
Sept.
* Dec.
2*Mar.
* July
* Dec.
6

1 108

19

Apr. 28
8
* Dec.

21
23

2

c

VA

Sale

Sale

*8

;p015*
*

Sale

29*

28* Sale
107

110

2

Sale

15* Dec.
28* Dec.
108

106

Sale

23*

Sale

23* Sale

Sale

60*

Sale

61

Includes 528,300 Commonwealth Edison rights

9
3* Dec.
1* Dec. 27
* Dec. 29

Sale

Dec.

4
1

1*
*
17*
30*

6 108

22* Dec. 27
59
Dec. 26.

traded during month.

4

Dec.

4

Dec.

15

Dec. 15
6
Dec.
Dec. 13
Dec.

6

Jan.

7

14
4
19
18
22
3

8

16* Jan.
6
Sept. 11

26

15

Jan.

4

82* Dec. 14

8

* Sept.
Sept.
Jan.
Dec.
Dec.
Aug.
Sept.
Jan.
Apr.
Sept.

7
6
5
21
15
3
20
4
13
11

Mar. 10
Feb.
8

1
5

13
18

Mar.

1

Mar.

Oct.

8
2
1

15

July

15

20

Dec.

20

13

Apr.

9* Oct. 14
Aug.
8
73* Nov. 29

4 112

9

11

4* Nov. 29
2* Jan. 14
27

94

Oct.

9* Feb.
3* Mar.
35

Dec.

6

6
2
16

18

Jan.

25 £
13c
9

Apr. 11
Apr. 11
Apr. 26

32* Dec. 29
22c
Apr. 27
16* Sept. 27

3

Nov. 22

6* Mar. 13
9* Sept. 6

6* Aug. 24
3*
1*
*
9*
16*
102*
17

16

48

Dec.

9

1*
26 .13*
16
71*
24
7*
24
20*
6
15*
13
*
10
2*

107* Oct.
67* Jan.
53* Apr.

25* Dec. 16
62

.

* May 27
4

1

Dec. 28

13

9* Apr. 11
Apr.
8
11* Dec. 21
64* Apr. 11
16

2

34* Dec.

3* Sale

4*

3

Dec.

'

3

June

Aug. 24

11* Dec. 21
1
76* Dec.

4

Jan.

7
9

13* Dec. 19

4

19

22

4

20

27
18

32

7

7
20

8

Feb. 10
Dec.
6
Mar. 15
Oct. 26
Nov. 7
Aug.
7
Oct.' 27
May 31
Jan. 19
Oct. 28

19

_

11

7*
16*
10*
19*
12*
6*
33*
10*
5*
36*

Dec.

Dec.

3

2*
A*
7* Sale

3*

Sale

Sept.
Mar.
Feb.
Feb.
Nov.
June
Nov.

Dec.

4

Sale

32*

1

June

10* Dec.
12* Dec.
2* Dec.

35

2*
34*
Sale

71*
Sale

Dec,

Sept. 6
Nov. 14
Oct. 16

25* July
7* Jan.
17* Jan
13
Aug.
3* Sept.

2*
*
110

4
16
12

13
28

Dec.

Dec.

3

8*

7*

Dec.

22

25
Sale

Dec.

3

Dec. 20

Jan.

4

72

1

Dec. 29
Dec. 15
Dec.
6

26

Jan.

17

Dec.
Dec.

14

6

Dec.

24

31
25

Oct.

17

8

-;r* Sale^
Sale
36

13

Dec.

23

Jan.

7* Jan. 25
10
Apr. 10
6* Apr.
8
4
Sept. 1
16* Apr. 11
7* Jan.
3
2* Apr. 12
13* Apr. 11
9* Sept. 1

Oct.

8

11

4*

Dec.

IV

4* Oct.
13

Oct.

16
4

* Dec.

19*
12*

11

19

21
May
4
Apr. 22
Apr. 10
June 16 23
Jan.' 28 98
Apr. 10 171
8*
Aug. 29
June 14 15*
1*
Aug.
7
Apr. 11 38
7*
Apr. 29
4*
July 12
2
2*
Nov.
11
*
Sept—
9*
June 29
*
June 26
4*
Aug. 31

Dec.

6* Dec.

25

*

83*

Sale
Sale

65

109
68

4

Sale

6

Dec.

July 25
3
Jan.
6
Dec.
Nov. 20

Dec.
Dec.

Sale

Sale

70

Dec.

9*
9*
3*
13*

Dec.

Sale

113* 118

62

*

18

4,560 Cudaby Packing Co pref—100

12

3* Dec.

Sale

Sale

109

36
13

27

For footnotes see page 56.

13^

*

30* Sale
3*
22*
25*

1*

1

18*

10

*
2*

6* Dec.

Sale

10

7

Sale

21

12

com..*

V t c pref part shares—-.50
Com part shs vtcA
50
1,395
Common part shs v t c B
*
3,140
11,916 Container Corp of Am com. _20
3,682 Continental Steel common—*
Preferred
100
745
25
24,280 Crane Co common.

*
Dec. 20
Dec.

20*

18*

3,590

40

2* Dec. 11
* Dec.

Sale

Sale

Dec. 23

2
a

Consumers Co—

480

15

15*

Dec.

59

Com'wealth Edison com--—25

Rights
Compressed Indus Gases cap.5
Consolidated Biscuit com
1
Consolidated Oil Corp
--„*

Dec.

1

13
Sale

18
59

98

37

Sale

28*

Dec. 20

Sale

107

"T*

5

23

%

4

16

Sale

*
6*
*

13

"S

*
7*

11

14

Dec.
Dec.

19

20

37

Sale

Jan.

8

8
11* Dec.
40* Dec. 16

3* Dec.
12* Dec. 20

Sale

1

June 23

H

3* Nov. 29
1* July
7
6
Apr.
8
11
Apr. 10

6

14*
*

16*
9*
Sale
11*
Sale
29
Sale
9* Sale
4*
4*
30*
32
24* Sale
21
21*
16
19
4
5*
10*
10*
12*
15
3
3*
7* Sale
21*
22

12

6

4

38

15*
9*
17*
9*
5*

13*
20*

14

Dec.

4

96

5*

-

;58* Apr,-T0 :7i*Oct;:
1* Oct. 23
1* Oct. 25
6
Jan. 19 144* Oct.
56* Oct. 26
31* Apr. 11

Sale

171

5*
3*
2*

'

•

22*

94

Sale

6

5

100

Cities Service Colcommon
10
Club Aluminum Utensil Co..*
Coleman Lamp & Stove

3*

100

2,460 Chic Rivet & Machine cap—4
690 Chicago Towel Co conv pref..*
Common capital
-*
940
5
58,853 Chrysler Corp common

100

490

Sale

*
40 Chicago Electric Mfg A
20,050 Chicago Flexible Shaft com__5
Chicago & N W Ry com
100
17,621
Preferred..
*
100

2,777

1,505

14*

34*

Sale

39*

Sale

^

11,840
6,830 Central States Pr & Lt pref- _ *
*
6,721 Chain Belt Co common
5
3,800 Cherry Burrell Corp com
*
50 Chic City Con Ry pt com
317,832 Chicago Corp common—-—1
Preferred
*
31,100

60

1,250
6,601

3*
4*

18*
19M

Sale

168*

36*

o

Sale

3*
Sale

21*

It*
Sale

51* Dec.
9* Dec.

49
47*
10
9*
Sale
3*
3
3*
13
12*
18* Sale
20*
19*
10*
9*

38

37

Sale

Preferred

20

"T,450

I*
34*

Sal*

4

53 * Oct. 20
Dec. 29

Apr.

120
.

9*

3*
2*
12*
17*
18*
10*

66* Deer— 1 *58 * Deer"30

Sale

20

105

•

144

142

Rights (w i)

Bruce Co (E L) common
1 480 Bunte Bros common
Burd Piston Ring common—

160

100

7 *

S*

capital--100 156*
5
Equipment Co com
1
&

12*
19*

18*

Amer Tel & Tel Co

'

6,002

58,100

3*
7*

2*

Allied Laboratories

2,190 Backstay Welt Co common
2,000 Barber Co (W H) common—
8,750 Barlow & Seelig Mfg A com.
Bastian-Blessing Co common
\ 20,270
17,600 Belden Mfg Co common—
16,950 Belmont Radio Corp
158,302 Bendix Aviation Corp com—
62,010
3,000
39,520
85,116
4,240
3,450
9,650
29,150

9

68*

Sale

52

49

9

Sale

Aetna Ball Bearing

Armour

66*

144

Sale

43

984 Auburn Auto Co common----*
Automatic Products com
5

~T,650

4,100
3,050

Sale
130

25

Campbell Wyant & Cannon
320
300

58

Adams (J D) Mfg common--.*
Adams Oil & Gas Co com
*

1,300
4,870
67,153
19,400
129,280

30

1,650
.5,500

luu

4 * % cum conv pref.
Acme Steel Co common

51,462
178,217
30,150
30,055
4,550
10,100

121
150

*

Allis-Chalmers Mfg Co.——*
--*
520 Altorfer Bros conv pref
7,590 American Pub Serv pref—100

1,220

2,978
5,525
3,350
5,200

Pw

20,051 Abbott Laboratories com
Rights
—
28,350

1

Highest

109

Dec. 29

2 128

128* 129* 123* Dec.

Sale

-

STOCKS

1939

Sale Prices

Sale Prices

Sale Prices

Sale Prices

Ask

Ask Bid

Bid

•

Shares

YEAR

Lowest

Highest

Lowest

Dec. 30

Dec. 1

1939
Bid

Shares
2,671

------

$221,600

Price

EXCHANGE

Jan. 3

12 Months
1939

208",600

Jan. 1 to Dec. 31

CHICAGO
STOCK

$208,000
1,717,000

December

al, 560,000
10,947,000

1938

1939

Bond Sales

1938

1939
Shares_
737,000
8,386,000

Stock Sales

Dec.
Nov.
Dec.
Aug.
Apr.
Jan.
Aug.
Aug.

9

24
29
24
8

13
25
7

Jan.
6
July 13
Jan. 19
Dec.
6
32
Sept. 11
110
June
9
37* Jan.
4
73
Mar. 8
7*
2*
1*
17*

Jan., 1940]

CHICAGO

STOCK

EXCHANGE

55

AGGREGATE
SALES

CHICAGO

PRICES IN DECEMBER

STOCK EXCHANGE
In

December

12

STOCKS

1939
Shares

Par

Bid

16,601 Cunningham Drug Stores. .2)4
1,490 Curtis Lighting Inc common..*
18,850 Dayton Rubber Mfg common.1
Cum class A pre?
1,300
.....35
Decker (Alf) & Cohn—
Common
10
5,610

14

90

Preferred

100

1;050 Deep Rock Oil conv pref
*
23,967 Deere & Co common
310 De Mets Inc pref
2,900 Dexter Co (The) common
f>
5,290 Diamond T Motor Car com..2
8,242 Dixie-Vortex Co common...
Class A

._.*
3,650
9,900 Dodge Mfg Corp common
*
iddy Paper Corp (The)
6,250
..*
1 Household Util Corp
55,890
5
15
22,705 Elgin Nat Watch Co
5,958 Fairbanks Morse common.. *
Fitz Simons & Connell Dock
&

7,000
Dredge Co common
14,700 Four-Wheel Drive Auto
13,550 Fox (Peter) Brewing com
37,650 Fuller Mfg Co common

*

General Foods common
Gen Household Util com

*

10
*

Gillette

Safety Razor pref—*
60 Godchaux Sugar Inc class A..*
Class B

20

26

2% Sale
38

90,930 Great Lakes D & D com-----*

2 710

5
Sale

12% Sale
33

35

854

Sale
15)4
3 k

14

354
21
19)4
4254 Sale
12
4

12%
4)4

9%

10

2

2%

13)4

14%

_4l'660
5'200
'

20

4,040

3'43O
1 550

28,041
4 210

35359

24,450 Illinois Brick Co
31,629 Idinois Central RR
30

12,400
6,025
7,684
22,714

100

Indep Pneum Tool vtc

..*

Preferred A

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
520

8,025
4,318
14,600
1,380

New

*
*
1
*

Joslyn Mfg & Supply Co com .5
Katz Drug Co common
1
Kellogg Switchboard com
*
Preferred

40

52,500
481,280
31,050
38,300
43,790
30,110
51,402
17,580
6,620
8,050
5,990
2,500

19%
Sale
Sale
11
Sale

11 h

36 h

10)4
2654

7
Sale
6)4 Sale
7
8%
37

Sale

11%
23%

17% Sale
10)4
12

Preferred

10
*

common

Liquid Carbonic

*

common

Loudon Packing common

*

Lynch Corp common

5

23

4)4
94)4
Sale

Ya

18)4
26)4

20)4

"2l"

41

45

4)4

69

54

354

Sale

Sale^

2%
3

2)4
31)4
Sale
25

7

754

6)4 Sale
5

Sale

2954
2

31
Sale

9)4
954
19)4 Sale
18)4
19
1)4
154
32%
35

26

30

1(\,

.*

com

*

com

.1

preferred

*

Midland United Co common.-*
Convertible preferred
*

Midland Util 6% pr lien

7% prior lien

100
100

-

7 % preferred A
6% preferred A
Miller & Hart Inc

100
100
conv

Minneapolis Brew Co
Modine Mfg common

19%.

254

Sale

pref

*
1
*

com

*

*

Nachman

Springfilled com
National Battery Co pref

*
*

Nat'l Bond & Invest com
Nat'l Pressure Cooker Co
Nat Republic Invest Trust—

2

pref

*

Sail4'

4)4
54 Sale

Ks

c

54 Sale
34
%
3
7
7)4
21
22%
2%
3)4

2)4

41

14%

Sale"

734
31)4
15)4

9

32%
16

4

5

.

-934
9h

a

13

754 Sale
14%
16
Sale

9%

11%
2234
12%

Sale
Sale
Sale

27

Sale

1854 Sale
—7-34
85)4
6
"854^Sale
854
834

13
7

34
12

Dec.

16

35

Dec.

Dec.

28

15)4
33-8
23)4
3654

Dec. 29
Dec.
4
Dec.
8
Dec. 26

13)4
1634
3)4
2554
3754

Dec.
Dec.
Dec.
Dec.
Dec.

1054
354
11)4
3%

Dec.
Dec.
Dec.
Dec.

21
27
13
27

if*
17 %

Oct.

Dec.

6

Apr.

1

11
11

Aug. 17
Apr.
3
Apr.
8
Apr. 10

2

17
24

13

28
27
12
22

38

Jan.

4

July
2554 Oct.
19)4 Jan.

21
18
17

30

554
1054
13%
35)4
14%
19)4

Nov.
Nov.
Nov.
Feb.
Sept.
June
4)4 Oct.
2554 Dec.
43% Jan.

1
4
„

30

27

21
5
25
5

4

10)4 Apr. 10
3
Apr. 24

14% Jan. 20
8% Sept. 5

29

10

Jan.

12

15

4)4 Dec.

14

2

Jan.

16

15% Dec.

1

16

5

56 54

Dec.

6

"Dec" '30

UH

Apr.

14

Jan.

25

48

Dec.
8
Dec. 30

40* Apr. 11
Apr. 10
Apr.
8
3634 Jan. 28

55

Dec.

29

37

454 Dec.
9% Dec.

7

3

5254 Dec.
2
334 Dec. 13
554 Dec. 16

Sept. 6
Dec. 22

July 31

Dec.

5334 Dec.
2% Dec.
4534 Dec.

Aug. 17

3)4 Mar. 30

19
29

1554 Jan.
934 Dec.
4
Apr.
5)4 Aug.
9)4 Sept.
30
Sept.
14

1054 Dec. 21
454 Dec. 19

19)4
4%
1954
30)4

154 Dec. 29
8

18

Apr.

11

354 Sept. 6
554 Apr. 10

2

10

Dec.

11

2254 Dec. 27
12)4 Dec.
1
25% Dec.
1

173s Deer;
—8—D ec :

25

Dec.
7
26
Dec. 29
Dec.

13

27

I2H834"
'4

534 Dec, 28
8)4 Dec.
6
Dec.

11% Dec. 30

Mar. 13

4)4 Sept. 30

1754 Sept.
65

9

Nov. 13

64% Sept. 27
1154 Feb. 24
3)4 Oct.
2
48

Dec. 30

54
56)4
6)4
8)4

Jan.
Oct.
Jan.
Jan.

26
11
5
5

3

29

"854
5)4
95s
9%

Dec". .£4
4
Dec".
Dec. 28
2
Dec.
2
Dec.

1234

13

45
13%

38

Dec.

5

40

Dec.

16

5
8

13% Dec.

13

31

Dec.

1

Dec.

1

14

Dec.

Sale
Sale

14)4 Dec.
34 Dec.

8
5

1454 Dec.
1% Dec.

3)4
17

Sale

3)4 Dec.
12)4 Dec.
2354 Dec.

24

24

Dec.

2)4
8538
57%
334
354
1454

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

1434
19

4854
5

854
98)4
42

97
9

3

""5)4

354
3%
16)4

Sale
20)4
53%
5)4
854
Sale

99%
7
Sale

16)4
18%
46

534
8)4
98)4
44

99

62

"4
17)4

4%

10

Sale

1254
14%
154

Sale
15%
2
2954

654
834
39)4 Sale

5*

14
6354
4% Dec.
7
6
354 Dec.

19

354

254
3)4
3)4

%
Sale
454
454

54r

Dec.
Dec.

Dec.

102

Dec.

14

Dec.

7

4)4 Sale
254
234
% Sale
154 Sale

Dec.
Dec.
Dec.
Dec.

Dec.
Dec.

7

Sale

654

Sale

2

25

254
26

4

4)4
954
10
1154
12%
15% Sale
1% Sale
253s
28
7

Sale

36)4

38

754

Dec.
Dec.

4
8

334
754
2)4
4%
43s

Sale
Sale
%
2%
454
Sale

54 Sale
334
4
10)4 Sale
20

Sale

154

Dec.

11

754 Dec. 23
7
%5 Dec.
2
4

334
34
54
334
934
19%

2

2

Dec. 25
Dec.
6

Dec. 12
Dec. 14
Dec. 28
7
Dec.
Dec. 27
Dec. 28
Dec. 12
Dec. 21

1054

11

10%
37%
1454
4%

11%

1054 Dec.

5

40
15%
554

36

34

154

1
26

2854 Sale
354
4)4
754
16
10%
11
10% Sale

31%
354

17

19

16

6154
19%

64

14%

1454

Oct.

40

Nov.

Dec.

27

Dec.

8

18

1454 Dec. 22
5

Dec.

5

34 Dec. 12
24)4 Dec.

8

30% Dec. 16
334
83s
Xe
3)4

Dec. 30
Dec.
6
Dec.
7
Dec.
4

4

Dec. 21

4)4 Dec.
% Dec.
34 Dec.
4)4 Dec.
1054 Dec.
2154 Dec.
2

734
1034
1034

Sale

334
16
Sale
Sale
17%
70

19)4 Sale
12
13%
12%

14)4

29
14
21
18
4
4

Dec. 12

41% Dec.

9

74

Dec. 29
23% Dec.
5

1034 Dec. 13
37% Dec. 27
16)4 Dec. 14
5
Dec.
5
1

27

Dec.

31

1
Dec.
Dec. 26
Dec. 29
Dec. 27

10

Dec.

18

16)4 Dec. 29
4
58)4 Dec.
8
18)4 Dec.

6%
20%
2354
2554

Sept.
934 Aug.

16

2)4
6634
4854
2%
2)4
14

16)4
1034
1554
36

3%

Aug.
June
Apr.
Aug.
Jan.
Jan.
Sept.
Dec.
July
June
Apr.
Apr.

1234 Dec. 27

4

J«

7

Mar.

26

Jan.

4

18
22

Oct.

23

Sept. 30
5054 Nov. 24
Dec. 28

6

101

29

Jan.

4354
4)4
254
34
1)4
27
2%

Dec.
Dec.
Aug.
Apr.
Aug.

May
Apr.

45% Dec. 15
101 )4 Dec. 14
Mar. 7
Apr. 13
Jan. 18
4
2% Jan.
32% July 25

22

Jan.

6

Dec.

4

Apr.

2

Mar.

21%
154
954
954
1354

9

2Y
10*

Nov. 20

Oct.

9

Jan.

21

2

8

11
7

Sent.12
Feb. 24
Feb. 21
Jan. 11
Jan. 11
Jan.

24

7% Jan.

12
11
1)4 Oct. 10
4034 Jan. 12
41% Mar. 18
Apr.

14

Jan.

20

6

Apr.

10

30)4 Jan. 25
1054 Apr. 26
4

Jan.

18

54 Apr. 10

Apr.

2
6

Jan.

6
20

10

Oct.

26

39% Nov. 30
16% Jan.
6
1% Sept. 30
27

5% Jan.

14%

12

Oct.

Apr.
Jan.
Jan.

11

Apr.

Sept.
May
1254 Dec.

27

8
3

30% Dec. 16
16

Jan.

21

4% Jan. 11
Aug.
3
Jan.
4
Mar. 9
July
6
July 13
Apr. 18
June
7

10)4
)4
5%
7 54
754
1 )4
1)4
554
12%

July

24

22

Jan.

16

Sept.

5

254 Feb.
7
May 27

45
74

Dec.

29

23% Sept. 13
11

.Nov. 15

37% Dec. 27
1654 Nov. 27
6% June 19
1

Jan.

9
6

Oct.

1754 Nov.

Aug.

Apr.

6
4

sill

13

16

Jan.

1854 Jan.
Sept.

Oct.

154
54
54
%
34

31

Sept. 21
Sept. 8
Sept. 5

Nov. 29
20

3
25

Apr.
Apr.

Oct.

4
5% Jan.
32% Mar. 16

Oct.

3fs Dec.

25

t*

Apr. 10
Apr. 10
754 Oct. 10
54 Apr. 10
19
Apr. 12
954 Apr. 11

2]
5}

8

Sept.
Oct.

Apr.

16

12

Sept. 30
Jan.

98% Sept. 11
7154 Sept. 13
Aug.
4
Aug.
2

Feb.

3334 Dec.
9
438 Dec.
8
754 Dec. 29
1034 Dec. 12
1034 Dec. 28
18
Dec.

1454 Dec.

3
4
Dec. 30

Jan.

Mar.

4

2054 Dec^M

Jan.

5
74

16

Dec.

Nov. 29

3

2354 Dec.

Dec. 26

65

4

13

17)4 Jan.
3
1454 Dec. 16
2)4 Jan.
5

27

June

2854
3%
6)4
10)4

5

13% Dec.

834 Apr. 11
9)4 May
8
54 Aug. 10

16

2

15

27

5
25

4

954 May 31

5

May

1534 Dec.

71
Dec.
21)4 Dec.

17%

10

Apr.
Oct.

Aug. 24
1034 Apr. 25
23% Apr.
8

25

1334 Dec. 27
1
354 Dec.
2834 Dec. 27

41

56

7
32

13

8

_

654 Jan.

-.

1

138 Dec.

13%
37)4
1354
27)4

II 4-8)4-Dec, 1C
13
8)2 Nov. 80
10
8% Oct. 17
Nov. 28
4 10

34 Apr
4)4 Jan.

—4 54 July

12

34 Dec. 12

75%
23%

25

2154 Apr. 11
9
Apr.
4
1854 Apr. 11

7% Dec. 13
39)4 Dec.
1

6)4 Dec.
39)4 Dec.

42

24%

1

6
14

9

7334
2134

554

Sept. 11
Jan. 11
Jan.
4
Nov. 2
Feb. 28

Jan.
Aug.
June
Apr.

Dec.
Dec.
Dec.

41

17

_

Dec. 30
Dec. 16
Dec.
7
Dec. 14
Dec. 19

Vky4>
22

5

4

Dec. 28
Dec.
8

21

36

13
12

19
15

54

%
3i
354 Sale
10%
11
20)4
2154
2
254
4054
41%

Dec. 22

Dec.

1434 Sale
354 Sale
28%
30

Sale

19%

13

Dec.

*26"" "30"

8

W*

8

Dec.
Dec.

Sale

Sale
Sale
30

3)4

2% Dec.

Sale
19%
4954
Sale
8%

30

15%
354

Dec.

30
25% Dec. 20

2354

2454

554 Sale
2)4
254
2454
26%

28

60

Dec. 29
1354 Dec. 13

""3)4 Sale"
9

Jan.

16

7

4

31

J

4%

Sale

2% Sale
88
86)4

26

9%

4

25)4
3
Sale
Sale

54 Sale
1% Sale
29

14%
34

Sale

18

30

16

1254 Sale
2354 Sale
24%
2%
87%
57 %

5

Sept.11
Apr.
4

13

13

14%
1

J an.

16
10

27

3854

105

1654

27

1%

25% Sale
2)4
2%
9
7%

—

Dec.

9% Dec.
1254 Dec.

20

40

34
Sale

9% Dec. 27
8)4 Dec. 28
1054 Dec. 19

1354

*

*A

Dec.

31

Standard—

19

19

.

13 %

28

4)4
7)4 Sale

Dec.

10

21

30

27
4

24

4

11%
Sale

25

Mickelberry's Food Prod com.l
Middle West Corp capital
5

29

Sale

27

Metrop Indust allot ctfs

Dec.

13

15%
20%
12% Sale
5% Sale
Sale

8

Sale

17y

Sale

2)4 Dec.

Dec-. 29

31

Sale

6)4 Sale

154 Dec. 29
8

1234 Dec.
29% Dec.

I*

16)4
26

*

Mapes Consol Mfg capital




37%
12%

3 54

8

Marshall Field & Co
Mer & Mfrs Sec cl A

56.

~9%
8)4

7

Sale

21

9J4

6

6)4 Sale

*

Mc William Dredge common
*
Manhat-Dearborn Corp com.*

page

11
Sale
Sale
Sale

&L.

13%
34

20

12)4 Apr.
8
1
Apr. 26
9
Apr. 11
23
Apr. 10

18

69

10%

20

10%
23%
12 )4
25 %

Sale

2

22

Common stock
13,626
10
1
5,100 National Union Radio com
58,285 Nobhtt-Sparks Ind Inc cap
5
28,500 North American Car com
20
750 Northern Paper Mills com
*
*
5,400 Northern 111 Finance com..
61,560 Northwest Bancorp com
*
6,750 Northwest Eng Co common..*
4,950 Nor West Util pr lien pref. .100
7% preferred
100
7,185
220 Nunn-Bush Shoe common
2 %
50 Okla Gas & El Co 7% pref. .100
2,749 Omnibus Corp vtc com
6
see

11%
24%

Dec.

1934 Dec. 22

30
6

'1734' Sale

4)1

5 34

2
2

Jan.

33

Cumulative preferred
Le Roi Co common

Libby, McNeill & Libby.....*
Lincoln Printing Co com.....*
53.50 preferred
*
Lindsay Light & Chem com. 10

354

13%
354

Sale
Sale

29

-.10

11
Sale

5454
4)4
534

La Salle Ext Univ common
5
Lawbeck Corp 6% cum pref 100
Leath & Co common
._.*

....

For footnotes

15%

4
13

Sale
4%
9%

85

conv

1054

5
Sale
4

53)4
354
6)4

Sale

Cumul

12)4

11

4)4
1154
354

Sale

70

National

40

3%

48

29

6,320 Mountain States Power pref 100
2,420 Muskegon Mot Spec class A..*

3,9^0

37%

15

Sale

100
cum

Monroe Chemical Co com
710
Preferred

2,200
5,374
3,342
1,850

35

12

Sale

11)4
254

49%
9%
9%
7% Sale

1854 Dec. 26

Dec."

6

Sale

10)4
2%
4534

pref. .50
.100
Ken-Rad Tube & Lp com A.-*
Kerlyn Oil Co common A
5
Kingsbury Brewing Co cap
1

Kentucky Util Jr
6% preferred

Prior

33

4%
8%
11%
33 h

11

1
com

7,200 McCord Rad & Mfg "A"
1,640 McQuay-Norris Mfg com
1,050
39,550
1,170
259,545
45,160
4,860

24

2454
13%
1554
3%
24%

>

16

4

capital

Jefferson Electric Co

Lion Oil Ref Co

10
454
8)4
9)4
1234
ys
1354
2354
35
"154
00
13)4 Sale
19%
17%
3h
3%
2454 Sale

5654

54

1734 Dec.
1% Dec.

13

63

93

Jarvis (W B) Co capital

Sale

54

60%

490 Interstate Power 57 pref
820
56 preferred—
3,440 Iron Fireman Mfg Covtc

10

67

com

Inland Steel Co capital
Internat Harvester common.

23%

13

Sale

2h
39)4

Sale Prices

30

63

Sale
3
Sale
Sale
Sale

Highest

Sale Prices

2)4

52

.....

Lowest

Sale Prices

16

1054

Sale

100

Indiana Steel Prod

154

17

5854 Sale

59

10
com

18%
354
19)4
31

Highest

Sale Prices

40

10

%

.

254

2|*

Sale

9

2

31

2l""

Hamilton Ntrg cl A part pref. 10
H&rnischfeger Corp eommon.10
Hejleman 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) com A
*
Houdaille-Hershey—
Class B
*
Hubbeli, Harvey, Inc com.-.5
Hupp Motors common..
1

18)4
18)4
23)4

18

"82.413 Hall Printing CA QOmmon—. 10
3 650

18
2
16

1939

Lowest

Ask

17%
154

10%
20 % Sale
4

30

Ask Bid

Sale

28

Dec.

15

2

*

8,150 Goldblatt Bros Inc common..*
*
26,754 Goodyear Tire & Rub com
21,050 Gossard Co (H W) common..*

Bid

Sale

*

General Motors Corp..
General Outdoor Aav com

Dec. 1

19%

1

5
1

General Candy Corp A
5
General Finance Corp com—1

Ask

16

10

18,200 Gardner Denver Co common.*
$3 cum conv pref
750
20
6,321 General Amer Transp com—5
2,200
25,100
17,159
10,150
105,194
2,213
16,949

RANGE FOR' YEAR

Price

Jan. 3
1939

Months

sY
\Y

Jan.

28

Dec. 26
Jan.

12

Sept. 11
Sept. 25
Dec. 29
Jan.
7

Oct. 26
Mar. 16
3
3
4
13% Jan.
112
June 27

29*
67

Aug.
29% Aug.

20

Feb. 25

'CHICAGO

56
AGGREGATE
SALES
In

12

Shares
170

Jan. 3

STOCKS

I,100 Ontario Mfg Co common
Oshkosh B'Gosh Inc—

*

24

31

12

Sale

Convertible preferred

650

3,050 Parker Pen Co (The)

300
40

700

5,210
4,950
39,134
16,180
3,290
3,800
'55,500
5,776
6,500
46,375

800

3,419
1,813
460
350

11,700
200

1,650
2,560

200

1,600
II,500
3,856
3,100
6,750
3,600
2,550

4,850

75,190

2,000
580
950

300
650

.

220

""800

-11,050
18,390
51,906
8,820
2,320
6,000
3,010
21,050

2,350
6,432
1,200
90

600
50

2,150

380

70

10
Penn Gas & Elec A com. *— - *
Pennsylvania RR capital—-50
Peoples Gas Lt & Coke cap 100
Perfect Circle (The) Co——*
Pictorial Paper Pkg com
5
Pines Winter front common—1
Poor & Co class B_
*
Potter Co (The) common
1
Pressed Steel Car common. -.1
5 % conv pref_
—50
Process Corp common
*
Quaker Oats Co common...--*
Preferred
....100
Rath Packing common
-10
Raytheon Mfg Co com v t c 50c
6 % preferred v t c
-5
Reliance Mfg Co common...10
Rollins Hosiery Mills—
Common
1
Ross Gear & Tool common...*
Sangamo Electric Co com
*
Schwitzer Cummins capital—1
Sears Roebuck & Co com
*
Serrick Corp class B common _1
Signode Steel Strap Co pf—30
Common
--*
Sivyer Steel Castings com
*
South Bend Lathe Wks cap__5
Sou Colo Power A common—25

Penn Elec Switch conv

50

""loo

30

28,508 Spiegel Inc common
396 St Joseph Lead capital

1,277
SO

940 St Louis Nat Stockyards cap..*
13,100 Standard Dredge conv pref..20
no*****!
31 ,-85 0
1,979 Standard Gas & Elec com—-*
25
48,904 Stand Oil of Ind capital
*
2,560 Stein & Co (A) common
4,500 Sterling Brewers Inc common.l
34,330 Stewart-Warner Corp com—5
3,050 Storkline Furniture com—-10
31,340 Sunstrand Mach Tool com—.5
25
97,236 Swift & Co capital stock
15
36,587 Swift Internacional

y

,

450

■

—

3,750
188

5,439
220
200

2,810
100

3,550
10,370
1,068

11,401
13,950
26,300
25,282

1,145
1,250
2,297
3,345

J

xnpttjaBjmrwt

Thompson (J R)
Trane Co

common—25

(The) common

908

532

2,500
3,750
7,350

220

Preferred

2",923

90,472
2,197
24,034
11,405
4,450

630 Ward
95

1,295
515

700

1,014
850

1,498
2,877

Common

53,400
12,300
9,096
4,550
8,078
152,959

•No par

value.




Common

Woodall Indust common

28%
4%
%
12%

12

Sale
Sale

45
Sale

42

Sale

119%

150

145

48

45

1

A
%

Sale

12

U%

11%
1%
26%
9%
79%

1%
22

1%

1%

1%

1%
27
15%

1%
30

80

58
11
1

12

H

~3rH
28%
10

2

.

--SH
Sale

12%

2%
c

-J2%
26%
13

1%
8%

Sale-f
Sale
14

2

-12%
1%

1%
-

1 %

-

26%
12

1%

*

1

13
Sale

8% Sale

4
15
Sale

Sale

4

Sale

14

13% Sale

Sale

6

7

15%

Sale

22

Sale

31%

32%

Sale

85%
13%
1%
78%

Sale

65

Sale

Sale

113%

Sale

*\H

J

1%
%

Sale

Sale

Dec. 27

Dec.

8

Dec. 26
Dec. 20
Dec.
1

Dec. 11
Dec. 22

Dec. 30
Dec. 36

1%

Dec,
Dec.

Dec.
Dec,
Dec,
Dec,
Dec,
Dec,
Dec,
Dec,
Dec,

5

18
12
1

22

18%

Sale

2

20%

143 A 160

51A
32%

Sale

54%

Sale

22

23%

Sale

25%

8%
2 A

5%

119
Sale

90
3

Sale
5A

.09

7%
91

1%

4% Sale
83
2
2%
9
Sale
17% Sale

81

"1A "I%
8%
20%

9%
Sale

2%
Sale
162%
Sale
23%
Sale
110
Sale
95
2

1%
Sale

Aug.

1]
20;

2%

8%
16

86

2%
Sale
Sale

2%
iih
5

11

1% Dec. 21

8!
1

Dec.

Dec.

Sept. 13
Mar,

9

22% Apr. 11
7

Aug. 26

60% Apr. 10
1 % July 11
22% Mar. 30
8

Apr.

11

8% May 15
16% Apr. 10
1

July

20

102% Sept. 21
88

Apr.

17

8% Aug. 24
4
Apr.
32!
65
May 29
9

Apr.

1

Sept.

-2—Dec'.

8

10% May 10
1% Dec. 30
6% Sept. 1
7
5% Jan.
7
Apr. 12
17
Apr. 10
3
24% July

Dec.
Dec.
Dec.
Dec.
1% Dec.

Sept. 27
Oct. 25
9
June 16

Mar.

Oct.

1

2% Sept. 13

11% Apr. 11
8
Apr.
7% Apr. 11
1% Dec. 22

66

8
2% Dec.
Dec. 30

21

1%
%
1%
15%
38%
%
15%

Dec. 28
4% Dec.
9
5

85

Dec. 14

2% Dec. 21
9% Dec.
17% Dec.

40%
21%

16%
83%
6

1

Nov.

July 31
Jan.

20

Dec. 29

12

Jan.

Aug.
2
14% Sept. 20

2% Jan.
6
19% Jan. 26
8

32% Mar.
12

Oct.

20

85% Nov.
3

Jan.

32

Oct.

4
4
26
26

19% Oct.
17% Sept. 11
Oct. 30
2
Aug.
2
110% Nov. 27
95% Aug. 15
16% Mar.
7
46% Sept. 5
76
Dec. 30
13% Feb.
2
2% Nov. 22
24

30%
13 %
2%
12]
7!

Sept. 13
Nov. 3
Mar. 13

17]

Oct.

45
16]
93]
16]

1!

25
Apr. 10
Sept. 15
1}
Apr. 10
18
Jan. 30
3
40%
Apr.
9
2%
Feb.
Apr. 10 23%
Sept. 29 171
Apr. 10 57%
Sept. 9
Apr. 10
Apr. 11 120
10
July 10
4
Jan.

m

80%
1% Aug. 23

3% Apr. 18
3
Apr. 11
74% Apr. 11
1A July
3
5
Jan. 13
12
Apr. 11

5

Jan.

Nov. 13

26

25
Sept.
37% Sept.

66% Sept. 11 112!
79],
63 % Nov. 30
115% Nov. 28 119^

27

16

2
19 ~."' 4%--Augr -14

23% Aug. 24

4%
14%
88%
16%

17
24

16% Sept. 27
23% June 15

2

29

Feb.

Sept. 16
16% Sept. 27

47

55% Dec. 30
52% Dec. 12
21% Dec. 26 21% Dec. 18
21% Sale
1
27% Dec. 13
25% Dec.
25% Sale
5 116% Dec. 26
109% Dec.
.16
117
7% Dec.
6
Dec. 29
6% Sale
91% Dec.
91
Dec. 26
90
95
6
1% Dec. 27
1% Dec.
1%
1%

84

Mar. 14

6

23
2

4% Dec.
9
3% Dec. 27
82
Dec.
4
2% Dec.
7
8% Dec. 30
51% Dec. 27

Oct.

16

Apr.

4

Dec. 28
2
Dec.

A*

6
Apr.
8
July
May 16

27% Dec.
10% Dec.
84% Dec.
1% Dec.
29% Dec.
18% Dec.
14
Dec.
22% Dec.
1% Dec.
108% Dec.

76

Sept. 21
9
15% Jan.
Sept. 13

31

11

55% Sale

Sale
Sale

M

27

Nov. 16

9

1
Aug.
Apr. 10 125
9 157
Oct.

149

4%
3%

10

14% Oct

29

27

39
1

17

June

27

20

20

Feb.

Aug. 24

30
12

Dec.
8
Dec. ' 4
Dee-.—1 9—
24% Dec. 12
Dec. 13
12
1 % Dec. 30
Dec. 27
8
Dec.
5
7
15% Dec. 30
20% Dec. 15
Dec.
2
30

3%
14%
86%

4A

Wrigley (Wm Jr) Co capital..*
Yates-Amer Mach capital
5
Yellow Cab Co Inc (Chicago).*
Zenith Radio Corp common.

8

11

10

Apr.

1

1
Dec.
6
Dec.
r% Dec. 13
14% Dec. 14

11% Dec.
41% Dec.

Sale
Sale
Sale

6

Dec. 21

30%

Sale

7

10%
41%
76
11%
1%

Sale

3A

12

7
19

Apr.
Apr.

7

93

8%
18%

15

Dec.
Dec.

Dec. 22

27 A

„

2

9

Sale
Sale
Sale

8

28%
4%
%
12%

10

May 24

7

14

17

Sept. 13

2% Dec.
23% Dec. 14
40% Dec.

Dec.
1
79
1% Dec. 13

15%
20%

*
*

*

"2%
Sale

Feb.

18

Sale
Sale

Sale

5

27

2

Sale

7

Dec.

30

27

12 A
5

6

11

11

Dec.

29

Sale
Sale
Sale

76
12

-----

1

19

26

8

93

10%
41%

Sale
39%
41
73%
11% Sale
-_I%J3ale

Apr.
Apr.

28

1% Dec.
26

95

90
11

June 19
7
Jan.

12% Dec.

% Dec.
% Dec. 40
Dec.
117% Dec. 28 125
150% Dec. 20 152% Dec.
47
Dec.
1
40% Dec.
1
Dec.
% Dec. 21
8
% Dec.
% Dec.
11% Dec.
11% Dec. 21

16%
17
18%
13%
14
Sale
15%
21%
22%
23
21% Sale
1%
1%
1%
5%
107% 108% 108
109
110
16%

11% Nov. 27

4

June 15

29

9%
84%

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

%
11%
% Dec.
11% Dec.

27
Sale
Sale
Sale

25%

Sale
Sale
Sale

26%
4%

10

80

Ex-dividend.

36

%
14%

118

x

Sale

10%

15;

*

Cum prior preferred
4,850 Williams Oil-O-Matic com
Wisconsin Bankshares—

40

Sale

14%
1%
21%

4%
A

Wayne Pump Co capital—-.1
Western Union Teleg com.. 100
West'house El & Mfg com—50
WIeboldt Stores Inc com
*

420

750

40

Sale

20 116% Sale"

*
(Montgom'y) & Co cl A *

%

Sale

27

12%

20,530 Wahl Co common
46,373 Walgreen Co common

12

36%

90 A

3,630
3,733

8

29%

2%

7

4
Dec.
30
Dec. 19
6
13
Dec.
% Dec. 11
40% Dec. 27
15% Dec. 27

12% Dec'. 21

1%
23%

United Air L Transp

cap.*
capital-.5
1

Highest
Sale Prices

%

%

30,736 United States Steel common..*
7 % preferred
100
1,523
52,800 Utah Radio Products com—.1
Utility & Ind Corp common— 5
17,400
Convertible preferred
7
26,250
*
480 Viking Pump Co common

6,786

900

2

Lowest
Sale Prices

15

Union Carbide & Carbon

200 United Gas Corp com
7,594 U S Gypsum Co common

200

6,600

2
10

Highest
Sale Prices

40

A

1,820 Southw G & E Co 7% pref-_100
460 Southwestern Lt & Pow pfd..*

50

-

7%

-*
com—10
17,850 Peabody Coal Co B com——*
530
6% preferred.
---100

Common..

690

60

70

Sale

12%

14%

6

50

,

11%

♦

Lowest

Ask

Ask Bid

Bid

Sale Prices

30

Dec.

Dec. 1

1939
Par

Shares

YEAR 1939

Price

EXCHANGE

Months

1939

550

RANGE FOR

PRICES IN DECEMBER

CHICAGO
STOCK

December

EXCHANGE

STOCK

Nov.
Oct.

2

25

Sept. 13
Dec. 30
Dec. 22
Jan.

5

18
28
June 15
Oct.
Oct.

Feb.

6

Feb.

Feb.

6
21

Oct.

18

Nov.

1

July

6

June

2

Oct.

25

Jan.

3

Sept. 21
Sept. 12
Mar. 11

Dec.
Jan.

5% Jan.
5%
85%
2%
9%
22%

5
5

Jan.
July
Sept.
Oct.
Jan.

6

11

19
18
18
13
26
4

RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE
Slock Sale's

_.

Shares

Jan. 1 to Dec. 31__

1938

57,453
563,150

.

91,841
594,502

/

1939

Bond Sales

1939

-

December

December...

$172,800
2,619,350

Jan. 1 to Dec. 31

' 1938
$223,900
1,594,700

AGGREGATE

12

PRICES

BALTIMORE
STOCK EXCHANGE

SALES
In

1939

BONDS

$

December

RANGE FOR

IN DECEMBER

BALTIMORE CITY BONDS-

1939.
Bid

Ask

Dec.

Dec. 1
Bid

Ask Bid

100

Ask

Highest

Lowest

Sate Prices

Sale Prices

108% Jan.
: 2o_...July
121
July
121
July

GityjLa,HEu.blia£a«ka^^to1955

100 City 4s Harbor serial
100 City 4s School House

1957
1957
1,800 City 4s water serial..
1958
1,300 City 4s Dock lmpt
.1961
100 City 48 School House.... .1961
1,816,000 Bait Transit Co 4s fiat... .1975

19.656

1,000

Shares

3,752
21

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

A 5s

1975

flat

B 5s

1975

Finance Co of Araer 4%..1942
4%
1947
Ga Caro & Nor ext. 1st 6s_. 1934

Georgia

20

Sale

22 %
82 **

Sale

30%
34%

Sale
36

27%
32

28
32%

20% Dec.
31 % Dec.

90% Dec.

100% 101
96 %
97

Marble Co 6%-.1950
5%
1945

103

103%

103

Dec.

18
13
6

30% Dec.
35% Dec.
92

1
5

Dec. 21

7 103% Dec.

29

100

100

100

100

100

100

19

99%

5%

1945
1946
1948
1947

100

100

1949

'99%

100

100

101

99%
101%

100

100

J00

5%

1950

5%

Read Drug & Chera 5%s__1945
South Bound Ry 1st 5s...l94x

STOCKS

Shares

99%

3,306

58

'"623
""246
150

1,339
846
330
379
240

—

*
.50
*

15,990 Bait Transit Co com vtc
1st preferred vtc
26,905

*

*
2,022 Black & Decker common
505 Brager Eisenberg Tnc com
50
1 Comm'l Credit 4 % % pref__100
*
8,662 Consol Gas EL & Power
4,879
5% preferred
100
2,236
4% % pref B
100
1
5,339 Davison Chemical Co com
35,217 Eastern Sugar Assoc com
1
Preferred
1
13,921
5,274 Fidelity & Deposit
20
3,396 Fidelity & Guar Fire Corp—10
5
3,249 Finance Co of Am class A

20%

Sale

21**

31

Sale

24

Sale
28

20

21

19% Dec.

19

21% Dec.

1

21**

24

22

Dec.

28

24

Dec.

11

35c

Sale

37c

Dec.

16

1.50 Dec.

12

26c

Sale
1.55

1.50 Sale

1.80

21%

Dec.

28

1.80 Dec.

2

41c

115%

15

20** Dec.

16

18

Dec.

12

19

Dec.

8

79

79

Dec.

4

81

Dec.

28

Sale
118

Sale

117

7%
5%
12%
119

Dec.

19

16

W Sale"

70

20

20**

22

5%
14%
'Sale

32

35

10**

11**

11

Sale

26

Sale

129** 130
31

32 h

30

123

190
54

70

2,636

36,192
59

2nd

126
Sale

21

Preferred

13,409
4,825

14

v

23 Mercantile Trust Co
372
468

526

460 National Marine Bank

5,412

4,400
267

6,060
470
*

No

384

5% preferred
126,199 U S Fidelity & Guar
1,239 Western National Bank
par

value,

x




Ex-dividend.

Sale
19%

42** Dec.
17

17**

1

16% Dec. 22

9
29
20

June 21
Oct.

6

1 101*4 Dec. 19

Sept. 30 100
Jan. 31 101*4
28 101*4
Apr. 14 101
Apr. 15 102*4
12
May 10
Feb.

42** Dec.
19** Dec.

13

1
5

20

20

100
10c

Mar. 15

Sept. 30
Feb.

2

Feb.

7

Feb. 28
Mar.
3

May 10

17

24% Mar. 10
31% Jan.
3
15% Apr. 10
70c
July 28
2.10 Jan. 21
3% Apr. 28
24% Sept. 26

22

19

24

98

84
22 117
4

Jan.

19

Oct.

24

Aug.
Jan.

Sept. 14 121 % June
6
10% Sept.
Apr.
4
17% Sept.
Apr.
Sept.
Apr. 11 32
8 130** July
Apr.
Apr.

19

July
July

27

June

20
2

Apr.

14

8

Nov. 14

3

Sept. 27
25
Mar. 30
6
Nov.
8

2.00 .Ian.
50
22

30

June

May 25 100 *May 25
Feb. 27
(JScV'Mar. 23

12

4

Dec.

12

4

Dec

Mar. 10

37c

45c

25c

Dec.

2

46c

Dec.

13

25c

Dec.

33c

35c

Sale

25c

Dec.

7

33c

Dec. 22

25c

Nov. 29

1.40 Jan.

7

1

Dec.

24
27** Jan
% Feb. 17

35% Jan.

Dec.

"35*1 Sale
2%

7

224

50

15**
25**

16
Sale

35

28%

47%
44**

39

11**

12

1.15

Sale

82**

27%

83**

Sale

13

Sale

1.40

87**

Sale

88**

13**
13%
27**
2?-*
2%
46** Sale
43**
13 % Sale
1.35

1.50

85

"80
77

10

50
2

19**

Sale

13**
37**
22**

20

31

Sale

33

40
Sale
35

22**

Jan.

9
4

20

53

Dec.

9

13% Dec.

14

42% Apr.
10% Apr.

10

12% Dec.
1.30 Dec.

1.45 Dec.

8

1.00 Feb.

24

87** Dec.

13

83

19c

Dec.

35c

Dec.

28

Dec.

70

Dec.

15c
67

Dec.

11

Dec.

4

22% Dec.

113%
67%
64%
12%
11
34%
8
16%

33** Dec.

6

35

20

90

80
40

33

Aug. 17

1.00 Jan.

14

112

100

12
25

16

28% Dec.
2% Dec.

35

Sale

34

39
22

39

Dec.
Dec.

31

June 23
8

Sept. 21
Sept. 21
Dec.

8% Jan.
30c

6

Mar. 15
3

1.40 Jan.

2

Oct.

11

3

19
__

July 21
21% Sept. 27
28% July 12
3.00 Sept.27
53
Dec.
9

4 263

14

67

"45c"

67**

2

29

Dec.
Dec.
Dec.
Dec.

87** Dec.

86**
35c

Dec.

Jan.

12

27

12%
28%
2%
45**

31

19
10% Mar. 6
10
Apr. 18

5c

25c

3
12

26
26
27
27

35% Jan.

Dec.

1.40 Sale

100

.30

11

17

Sept. 27
1
Aug. 11
1
42** Dec.
16% Apr. 15

101

...

1

10

3

30

*
1

14
10

June 21

2** Apr.
16
Apr.
16** Mar.
98
Oct.
7l
Jan.
112** Mar.

100

100

2
48,198 New Amsterdam Casualty
46,404 North Amer Oil Co com
894 Northern Central Ry
10
1
12,745 Owings Mills Distillery
*
3,068 Penna Water & Power com
Preferred
*
6
564 Phillips Packing Co 5 % % pf 100
12 Real Estate Trust Co
532 Seaboard Comm'l com

20

19**

42**
19%

Dec.

13

*

*
7,255 Merch & Miners Transp
3,638 Monon W Penn PS 7% pref.25
3,545 MtVern-Woodb Mills com. 100
Preferred
100
4,574

1,553

"3', 186

t

2d preferred
22
79,363 Mar Tex Oil
Common class A
16,453
2,344 Martin (Glenn L) Co com
132 Maryland & Pa RR com

"

19

100

new

134 Mfrs Finance common
1st preferred
252

8
8
21

54

1.20 Apr.

6

Dec.

preferred

100
Guilford Realty Co com
1
6% preferred
100
Houston Oil preferred
25
Humphryes Mfg Co common. *

25c

5 rill
Dec. 20 118** Dec.
5%
Dec. 30
7% Dec. 15
11
Dec.
1
4
Dec. 26
Dec. 30
12**
Dec. 12 30
123
Dec. 28 128** Dec.
4 112
8
29%
31** Dec.
7
30% Dec.
10** Dec.
2
9% Dec. 20
8%
9%

12 Georgia Sou & Fla 1st pref. 100
6

13

28
28

80

19% Apr.
17
Apr.
15** Apr.

116**
Sale
7%
10**
9%
Sale
25**

30**
10

9%

118

5

Class B

405

Oct.

28
28
28

par

37,189 Arundel Corp
2,018 Atlantic Coast L (Conn)

•

.

12

762 Benesch & Sons Co Inc com..*

'""200

13 118

July

Mar. 15 101

102

30 Atlantic Coast Line RR comlOO

"2,138

July
July

Mar. 28

101

5%

5%

July

28 121
28 121

June 21

101

19 101*4 Dec.

28 120

Mar.

100*4 May

100

101*4 Dec.

Sale Prices
27 108% Jan. 27

7 128*4 July
28 124*4 July
Nov.
Apr. 10 31
Anr. 12
35*4 Nov.
Dec.
May
9 92
Jan. 12 102*4 Feb.
101
Jan.
17 103*4 Dec.
96
15*4 Mar.
15*4 Mar. 20
121%
124%
19%
22%
83%

80
45

50

Ga Sou & Fla Ry

Interstate Co 5%

Oct.

118

,

80,000
67,300
4,500

1939

Highest

Lowest
Sale Prices

30

400 Clty 3 %s Four Million.... 1945
....

YEAR

Price
Jan. 3

Months

14

44% Sept. 29
14% July 31
1.55 Sept.
9
88** Mar. 10
35c

Dec.

28

84% Mar. 10

Sept, 12 113% Sept. 12
June 24
Mar. 23 100
65
Aug. 23
July 20
13% Jan. 30
Sept, ,20
7
Oct. 24 39% July
23
Mar. 10
Apr.
Jan.

35

Dec.

20

RANGE OF PRICES ON BOSTON STOCK EXCHANGE
Stock Sales

1939

.

December

Shares

>

Jan. 1 to Dec. 31

1939

1938

December

$11,800

Jan. 1 to Dee. 31

566,500

$59,750
226,300

1938

477,224
5,378,861

Bond Sales

669,749
5,410,553

AGOREOATE

BOSTON
STOCK EXCHANGE

SALES
In

December

1939

"i"o",006
1,250

""550

Shares

BONDS

1939

-

—

STOCKS

Shares

_

1,275
223

10,396
1,800
212

200

610

2,479
4,675
2,972
1,549

'""390

20

"

41,670
15,878
1,790
6,544

3,805
1,783
345
944
153

523

425

3.177

130
296

447

3,452

168

.

880
559

625

Preferred
Prior

10

3,190
175

1,150
3,930
2,623
1,282
441

775

3,990
4,486

.

1,920
18
225
320

1,116
150
85

210

800
25

52

1,158
380

2,485
300

1,783
6,045

~145
320

1,864

14

3,428
1,589
3,027
787

5,736
475

518
'

Class D 1st pref stpd
Class D 1st preferred

100

8
3,143
405
725

3,808
165

10,640
454

""484
605
100
*

Reece Button Hole Mach
Reece Folding Mach Co

.100
100
100

2.50

100
100

32 c

1,639 Venezuela Holding Corp
422 Vermont & Mass Ry Co
16,187 Waldorf System Inc

7,619

Warren

Bros

669 Warren (S D) & Co

No par value.




*Ex dividend

Sale

92

99

Ask

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

91

93
-

96

96

1
8

92
94.

Dec. 27
Dec. 11

98%

Dec"." 18

"98% "Dec" 18

102%—

Aug. 11
Apr. 12
Apr.
8

80

80
92

—

96
—-

Dec.
Dec.

<89

91%

60c

1%
10

149%
IX

24%
75

82%
130

52%
18

35c

IX

Feb.

91

Jan.

32
94
96

17 103
9 102

100% May 11 101

—

100
50

Sale
Sale
25%

170%
29%

80

90
11

Sale

145

Sale

44

Sale

Sale

18

1

1
100
*

.__*
common. _*

87c

2%
Sale
Sale

2%
2% Sale
2

Sale

Sale
Sale
24

1%
1%
2%
1%
13%
17%

<

Sale

26%
1

2%

2%
Sale

3%

25c

1%

5%
75c

Sale

5%
11c

5%
20c

2%
38%

Sale

Sale
1%
68%

20

Sale

20%
3%

Sale

16%

5%

Sale

24

Sale

12%
1

67

18
14
22

4

24

17
Sale

32%
1%
5%
8

Dec.

2

11

Dec.
Dec.
Dec.
Dec.
Dec.
1% Dec.
1% Dec.
2% Dec.

27

8%
1%
1%
1%
1%

15

14
14
18
23

26
11

2

Dec.

22

13

Dec.

1

6%
25%
%

16% Dec. 28
1% Dec. 26
1
6% Dec.

Aug. 11
June 19
June 17

July
July

17
3

June 14

3

3%
20

1%
4%
5%
2%

1%
20%

3%
25%

30c

50c

27c

35c
20

25c
—..

Sale

Dec. 16
4% Dec. 14
6c
Dec. 26
4
2% Dec.
1
38% Dec.

7c

2%
42%

20c

2%
Sale

19

19%

95c

57

18

16

19
Sale

15

3

Sale

3%

Sale

1*
1%

1
1%
4% Sale
6% Sale
2

3

15%

"l%
37%

1%
38%
Sale

125

20c

21

2%

14%
24%

2

16
7
24
Sale

15%
4%

15c
Sale

Sale

3c

17

Sale

80c

1

3%

22

12c

Dec.

5

10c

Dec.
Dec.

18

«

11% Sale
1

30

Sale

30% Sale
7c

Sale

24%

28
Sale

84

43

43%

60c

45c
2

81

1%

44

6%
1%
26%

44

Sale

2%

30c

19

Jan.

4

June

6

Mar. 20

Aug.

9

Jan.

Jan.

4

Nov. 15

Nov. 28

18

11% Dec.

9

12

Dec.

6

70c

Dec. 14

^Dec. 12
Dec.

14
1

29

5c
32
80

Dec. 26
Dec. 28
Dec. 11
6
Dec.

42% Dec. 19
45c

Dec. 30

1% Dec.

1

6% Dec.

15

38% Dec.
31% Dec.

Sale

1% Dec. 12
26

Dec.

18

1
6

Dec.
Dec.

84

Dec. 30

2

8

43% Dec. 21
60c

Dec.

4

2% Dec. 18]

7% Dec.
1% Dec.
26

Dec.

2

17

Sept. 27

10

Jan.

3

Jan.

30
18

Nov.

3

3

22

Jan.
Jan.

17
Apr. 14
Sept. 22
Sept. 27
Sept. 6
Dec.

8

.

24

10c

Oct.

13

July

Dec.
10c
Dec.
20c
Feb.
9% Mar.
15
Sept.
% June
9% Dec.

19

11

Nov.

3
12

57

9% Dec.

70c

26

Dec.

25c

9% Dec.

38% Dec.

Oct.

July 22
May
5

30c

16% Dec.
23% Dec.
2% Dec.
19
Dec.

14% Dec. 29
1
21% Dec.
1% Dec. 19

31
17

Sept. 0
July 21
Sept. 27

103% Apr. 10
2
July
7
42
May 24
% Dec. 28

% Dec.

% Dec. 28

90

6%

Jan.
Feb.

3% Jan.
4c
Apr.

ii*

Dec.
Dec.

22c

Sale

15

12

2

1% Dec.
37

6 125

23
31
3

Jan.

20

14

19

4% Dec. 20

1

Feb.
Jan.

27

5

Dec.

14

10c

5

Jan.
3
Mar. 10

June 15

1

Dec. 29

Dec. 22
Dec.
5

Sale

6

27

July

Dec.
15% Dec.
4% Dec.

2c

10c

"7%

8

Dec.

6

20c

2

7
4

19

2

28c
Sale

7%
1%
29%

Mar.

Mar.
Mar.

25

2% Dec.

25c

80

Sept.13

31

Dec.

9%

14%
23% Sale
1%
2%
9%
9%
1%

Jan.
Jan.
Jan.
Mar.

10

Dec.
Dec.

2
13% Dec.
1% Dec. 28

10c

55c

oi*
25c

7

Mar. 22
Nov. 16

7

Sale

60c

1

5^8 Apr.

15

36

11

18% Apr. 10
27% Apr. 18

20

22c

80%
42%

7

12

Mar.

23

121

24

4

4

30c

27
Sale

8

May 25

15

Dec.
Dec.
Dec.
Dec.

20c

Dec.

6

16

3% Aug. 22

6

Dec.

5c

Sept.

Feb.
3
2% Dec. 21

27

75c

1

6
Oct. 11
Aug. 24

15

Dec.

61

Sale

17
June 15

6% July
60c

55

Dec.

74c

11%

Sept.12

28c

9

56c

Mar.

35

2

1%

Dec. 26

Apr.

So*
16

7

18

Sale

Dec.

6

Dec.

Sale

6
8

May 12
Apr. 10

5

Dec.
Dec.

1%

31

68

19

Dec.

6

Sale

24

85% Sale
42%
43
70c
Sale
1%
2%
67%
70
6% Sale

6

6% Dec.
2% Dec.

51c

18

Oct.

Oct.

16

21% Dec. 19
2
2% Dec.

Sale

26

23

12

1% Dec.
4% Dec.

61

11

Nov. 14

Jan.

7

1% Dec. 13

1%

38

25

Dec.
Dec.
Dec.

23% Dec.

25c

2%

Sept.27
Sept.27
Sept.27
Sept.14
July 25

Apr. 27
•% Apr. 14
13% Jan. 25
4% J an. 11
10
Apr.
8
2
Jan.
3
2c
Dec. 29

37

Sale

47%

Dec. 22

2

26c

125

38%

40

12

30% Dec. 23

Sale

Sale

Mar. 10

Sept.
Aug.

10c

58

Sale

11

May 27
June 27

Aug. 24
May 24

12

Dec.
6
18
Dec.
9
Dec. 15
3
7
4% Dec.

Sale"

2%

Jan.

1% Dec. 26

Dec. 11
Dec.

62c

15%

2
Sale

Dec.
Dec.

26c

22

Sept.27
Sept.27

J*
23

Dec. 11

3%
48%
22%
1%
61%

60c

Sale

5

June 26

10% May 11
9
May
8

2

11c

"90c"
70c
Sale

1%
10%

5% Dec.

50c

56c

21c

3%
17%

Dec. 27

1

4
4% Dec.
5% Dec. 22

33

"75c"

4c

Sale

24c
Sale

1

Dec. 16

75

80

%
57

Sale

21% Dec. 15
*30% Dec. 22

10c

Sale

18

July

23%

2
13% Dec.
1% Dec. 27
7
14% Dec.

12 %c

6
20

Oct.

23

10c

15%
4%

6
1% Dec.
7% Dec. 22

Oct.

16

Oct.

15

Sale

7
14

26

1% Jan. 16
1% May
8

19

13

Jan.
Jan.

Sept. 25

12%
1%
14%
6%

10c

8

27

Mar.

14

10c

2%

1%
1%
1%
1%

27

23

15c

2%

6*

1

7

Feb.

Jan.

17%

24

Dec.
3% Dec.
2% Dec.
14
Dec.
21% Dec.

Sept.27
Sept.30

July

9

Jan.

12%

17
Sale

Mar. 3
Nov.22

17

14

12c

7

Sept.27
Aug.
8

Jan.

20

27c

i\H

9

38% Apr. 11
16
Apr.
6

7
2% Dec.
6
2% Dec.
1
2% Dec.
2
Dec. 29
5
2% Dec.
2

26

Nov. 13

18

35%

22

Dec.

12

Oct.

Nov. 20

30

Sale
Sale

2% Dec. 21
3% Dec. 27

65c

Sale

55

Dec. 20
Dec. 27
Dec. 22
Dec. 26

35

2

2% Dec.

Dec. 30
Mar. 10

15%
30%

I*
J*

Dec. 13

3

21

9%
55

17

Sale

Sale

30

16%
22%
30%

6%

Sale

4%

1

3%
4%

*127

Feb.

May 25
Mar.
4

20C

60

1

2

Jan.

3

1%
7%
27%
%

Jan. 17
Dec. 15
Jan.
9

2
6

46*

12

147% Apr. 10
% Dec. 21
18% Aug. 24
67
Apr. 17
9
Sept.12
70% May 17

Dec.

41% Dec. 19
17
Dec. 27

Sale

95c
60

2
o

2%

87c

4

75

5%

32c

Dec.

15

Dec.
10% Dec. 28 12
77% Dec. 27 83% Dec.
Dec.
143
Dec. 23 148

15
Sale '

1

1%
Sale

6

1% Dec. 26

35c

3

«

—

Dec. 14
Dec. 15
7
Dec.

3

2%
%

Sale

15

1

18%

1

Sale

10

25

11%
78%

53

25c

32c

Dec. 26
Sale
167% Dec. 18 171% Dec. 30
6
Sale
% Dec.
% Dec. 21
8
29% Dec. 29
25% Dec.
30%
4
92
89
Dec. 22 90% Dec.

77%

Sale

12

3

52

1%

13

22%
1%
8%

25

5

45c

1%

12

50c

60c
25

10
Shawmut Assn T C.
Stone & Webster Inc cap stock.
Suburban Elec Secur com
*
2d preferred
143
*
33,434 Torrington Co (The)
2,180 Union Cop Land & Min Co. 25

4,954 Union Twist Drill..
56,703 United Shoe Mach Corp
6% cum preferred
6,770
84,593 Utah Metal & Tunnel.

89

102%

1%
2%

100

100
457
100
12,667 Boston Personal Prop Trust. _*
Boston & Providence
100
2,786
3,615 Brown & Durrel Co common.
25
15.798 Calumet & Hecla
455 Century Shares Trust.
1
150 Cliff Mining Co..
25
12 Conn & Pass Riv RR Co preflOO
.25
35,229 Copper Range Co
*
2,187 East Boston Co
9,490 Eastern Gas & Fuel Assn com..
4 %% cum prior pref
23,706
100
6% cum preferred
100
13,426
100
7,475 East Mass St Ry Co
First preferred
100
4,612
Preferred B
z
100
6,402
100
14,152 L>. Adjustment
*
30,018 Eastern SS Lines, Inc
Preferred..
*
463
560 Economy Grocery Stores
*
18,646 Employers' Group Assoc T C_*
*
1,216 General Capital Corp
Georgian Inc (The)—
8% cum class A pref
2,329
20
*
3,221 Gilchrist Co
*
14,015 Gillette Safety Razor Co
*
1,274 Hathaway Bakeries class A
Preferred
*
1,343
Class B
*
1,971
1
5,583 Helvetia Oil Co tr ctfs
255 Int'l Button Hole Mach Co. .10

4.178
3,633
30,043
52,839
3,121

Lowest

Sale Prices

Dec. 30

Ask Bid

96
—

2

100

815
6% pref
11.799 N Y N H & Hartford
207,220 North Butte
85 Northern RR (N H)
10,198 Old Colony
Certificates of deposit
3,444
10,739 Old Dominion Co
9,302 Pacific Mills
61,375 Pennsylvania RR
14,579 Quincy Mining Co

2,589
24,592
-

,

88%
88%

—

100

Class B 1st pref stpd
1st preferred class B

37 New River Co common._

1,990

: Sale

82%

12,178 Isle Royal Copper
15
2% Sale
927 Loew's Theatres (Boston)
13
25
15%
100
7,138 Maine Central
5%
6
Preferred 5%
100
15
2,995
*
2
Sale
16,623 Mass Util Associates v tc
820 Mayflower Old Col Cop Co..25
9,143 Mergenthaler Linotype
*
22% Sale
51,691 Narragansett Rac'g Assn Inc.l
3%
3%
.1
1,260 National Ser Co common
* "1% "2%
2,698 National Tunnel & Mines
2,458 N E Gas & El Assn pref
*
13
14%
100 106% Sale
23,721 New England Tel & Tel

710

"4",700

84

100

.100

_

1,522

Bid

32
.

100

100

Class A 1st pref stpd
1st preferred class A

Class C 1st pref stpd
1st pref class O

Dec. 1
Ask

2% Sale
%
6% Sale
2% Sale
1%
2% Sale
1%

100

preferred.

Bid

par

0,733 American Pneumatic Service. *
7,856
6% non-cum preferred
50
First preferred
50
1,441
127,723 American Telep & Teleg
100
1
5,905 Assoc Gas & El Co class A
1,242 Bigelow-Sanford Carpet com.*
849
6% cum pref
100
*
3,267 Bird & Son, Inc
100
26,052 Boston & Albany
...100
37,329 Boston Edison Co
100
17,465 Boston Elevated
14,358 Boston Herald Traveler Corp.*
776 Boston & Maine pref stpd—100
Common (stamped)
1,713
100

942

YEAR 1939

Jan. 3

Par
$
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
Series O 6s
1948
23,000
Series D 6s
.1948
31,650
Series E 6s_:
:
.1948
9,000

%

RANGE FOR

PRICES IN DECEMBER

Price

12 Months

27

31
1
28
18

July 27
8% Apr. 14
08% Apr. 8
35c
Apr. 14
36
Aug. 25
22% Feb. 14

J an.

11
Sept.11

Jan.

4

Jan.

0
12

Jan.

Sept. 12

Dec. 28
Feb. 16

Mar. 17
Oct.
4

71% Apr. 14
39% Oct. 13

July 25
July 28
May
3

5c
17

45c

Dec. 30

1% Jan, 17
69% Jan. 12
5% Apr. 11

1% Dec. 12
23

Mar. 18

Dec,

18

Sept. 28
Oct.
Jan.

21
16

Nov. 25

Pittsburgh Stock Exchange
MONTHLY AND YEARLY RECORD

EXCHANGE

RANGE OF PRICES ON PITTSBURGH STOCK
December

Shares.

Jan. 1 to Dec. 31..

1,178,001

$1,000
15,000

December
Jan. 1 to Dec. 31

AGGREGATE

STOCK
12

December

$

Jan. 3

BONDS

S TO CKS

Shares

Shares
145

140

*

4,551 Armstrong Cork Co
13,396 Blaw-Knox Co
8,691 Byers (A M)

628
298

30

lb" 16.5

113

105,709
6,724
47,076
1,705
1,598

"""105

2-126

100

1,457
6,379
18,961
1,265
5,076
57,735

533

5,022
42

175

380

1,207
200

418

2,742

Preferred

Carnegie Metals

112

*

27

38%
11%

*

*
__l00
1

*

(1) L) Candy..
Columbia Gas & Electric

*
-*

Consolidated Ice Co..

75c
6%
7%
7% Sale

55c

*
*

Crandall McK & Hend
Devonian .Oil......

6

10

New__

18

Duquesne Brewing

5

Electric

12%

Follansbee Bros pref
Fort Pitt Brewing

100
1

90c

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
5,794 Phoenix Oil preferred
1
4,125 Pittsburgh Brewing
*
Preferred
*
6,407
100
2,055 Pittsburgh Coal Co com
Preferred
100
1,857
1,135 Pittsburgh Forgings
1
3,059 Pittsburgh Oil & Gas
5
3,727 Pittsburgh Plate Glass.
25
*
19,112 Pitts Screw & Bolt Corp
*
1,456 Pittsburgh Steel Foundry

'

50

115

Preferred

665 Plymouth OR Co
400
252

875

4,000

3,495 Renner Co
2,117 Reymer & Bros common
1,412 Ruud Mfg
60,377 San Toy Mining
25,950 Shamrock Oil & Gas

9

18%
12%

1

*
...5
1

Preferred

100

557

Preferred

10

100

1,025
160

1,155
282

Dec.

6

27

27

5% Dec. 18
5% Dec. 20
Dec.

14

Dec.

22
4

17%
11

3
16
11

12%

Sale

10

1%

1%

11%
1%

14
1%

Dec.

7

6% Dec.
6
6% Dec. 29
25c

Dec.

14

1% Dec. 14
17% Dec.

14

Dec.

Dec. 28

5

16% Dec. 18
10% Dec. 20

17

Dec.

11
26

11

Dec.

4

5

Dec.

15

3
17

40c

Dec.

15

11

Dec.

27

1% Dec. 22

14% Dec. 15
1% Dec. 26

Sale

32

75
9%
60c

93

4% Sale
2%
2%

5

70
55c

26% Dec. 30

32

Dec. 30

9%

Sale

9%

84%
10

Sale
Sale

83% Dec. 27
9

Dec.

1% Dec.

5
11

96

Dec.

6

10% Dec. 14
1% Dec. 20

1%
6%

Sale

2
6%

Sale
1% Sale
6%
7%

4%

4
4% Dec.
1% Dec. 27
6% Dec. 19

Dec.

1

1 % Dec.
6% Dec.

6
19

5

::v

27%

2%
29

1%
31

1%
8%
7

Sale
Sale

Sale

1%
31

1%

1%
32%

2

Sale
10

9

45

1%
30%
4%
20%

1
Dec.
5
Dec.
Dec. 27
Dec. 21

Apr.
Sept.
June

Sept.
Sept.

Dec.

Feb.

90c

Jan.

Sept.

Jan.

Dec.

1

5

Dec.

14

3

20% Dec. 21

60c

2%
5

lc

2%
50

75c

50c

4
.....

2c

Sale
.....

5%

60c

60c

2%

2

Sale

50c
2

11

Dec.
Dec. 28

50c

Dec.

11

2

Dec.

28

5%

Sale

5% Dec.

11

lc

2c

lc

Dec.

29

2%

2

2c
Sale

lc

2

1% Dec.

16

Dec,

15

75

7% Dec.

12

5%

47

5

75

7%

65

80

6%

.r72

5% Dec.

7

lc

Dec.

2

Dec.

29
16

Dec.

12

7% Dec.

12

Apr.
7% May
1

Apr.
Sept.
3% May
20
May
18% July
50c
July
2
May
5
May
4

lc

5

1

35c
25

1

32%

30c

1%
29%
118%

Sale
Sale

6

34% Dec.

16

34

Dec.

25c

Dec.

3

Dec.

5
12
16

25c
2

55c

33%

34

Dec.

5

30c

20c

Dec.

20

2% Dec.
26% Dec.
108% Dec.

8

30c
.....

26% Sale

20c
3

27

116%

Sale

Sale

1
4

20
19

Jan.

1

12
26
20
12
7

12
4

Sept

20

23

Oct.

80c

Jan.

3
8

Jan.

10
28
25
21

2c

July

30

Feb.

15
Sept.13

Dec.

12

Dec.

75

12
7
26

40% June

Jan.

to5?

Oct.

Sept. 19
75c
Sept. 15
38% Sept. 25

Mar.

60c
Sept
22% Aug.
20c
July
1
July
18
Apr.
83% Apr.

1% July

7

Dec.

12% Sept.
10 32
Sept.
L 13% Sept.
30
May
116% Mar.
11% Sept.
Jan.,

Mar.

11

20

Jan.

32

Jan.

28% Dec.
8
116% Dec. 30

Oct.
Feb.

lc

25% Apr.
50c

55c
36

50c

26%

25c

32% Dec.

Sale

6

2

1% June
50% Mar.
24

Sale

Oct.

90

Sept.

July 17
Sept. 7

1% Feb. 20

Jan.

13

30

9

26

Mar.

May

Nov. 17

3% Sept. 29

1% Oct.
22
Apr.

32

6

Dec.

10%
2%
31%
5%

Jan.

27% July
4
Apr.
i% July
6% Dec.
1% July

19

7

-

96

July
7% Apr.

1% Dec.

6

6

Mar. 16

Sept. 11
1% Feb. 17
31% Sept. 11
11% Jan. 26
32
Dec. 30
68
Sept.18
20

55

50c

4
2

Jan.

Apr.
6% Apr.

25

Jan.
Nov.

2
1% June
26% Jan. 14
17% Nov. 4
8
July 27
21% June 28
14% Mar. 11

1
July
24% Jan.
11% Apr.
3

6

m Dec.
8% Feb.
25c

Mar.

15
10
5

3
2

Jan.

20
Sept. 8

Apr.
5% Apr.
25c

May
May

Oct.

5

25

1
1 % Dec.
1
1% Dec.
98% Dec. 12 101% Dec. 21
8% Dec. 18
7% Dec. 12
6
7
Dec.
6
7
Dec.

16

3%
7%
56%
17%
16%

Jan.

25c

4

Feb.

115

Dec.

5%
33%
8%
7%
68%

lc
2

32%

50

2

Jan,

Sale

19%

*
5
1
..*
1
*
*

27% Jan.

14% Aug.
Aug.

12%

5

247

770 Standard Steel Spring
6,633 United Engine & Fdy
2,340 United States Glass.
355
Voting 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

31 110%-Jlec. 21

60% Jan.

100

37

""501

16%
10%

7

2% Dec. 26
7% Dec.
7
38% Dec.
2
11% Dec.
9
13% Dec.
7

..5

1
100

2,892

July

25% July

15" 987
4,159

165

35c

20

1

14

9

183

20

25c

25c

25c

"8% "10%

.*
70,316 Lone Star Gas
3,270 McKinney Manufacturing—*

391

6
Sale

Dec.
Dec.
Dec.
Dec.

5

10,763
1,415

200

Sale

*

Products

""345

285

40c

5%
6%

5%

Sale

6%
36%
10%
12%

10

Cqpperweld Steel..

25

395

50c

10%

2

10

Preferred

30c

Sale
Sale

Dec.

16% Dec.

25c

100
100
3.744 Koppers Gas & Coke pref. .100

1,335

.

110

112
2

*

22% Dec.

112%

112%

*

290 Jeannette Glass preferred
120 Jones & Laughlin St'l pref..

180

20% Dec. 27

Sale

113

10

Clark

90 Mesta Machine Co

'""Sale Prices
Nov. 16
Nov. 16 112

Sale Prices

Hai4.JQea._21110 M--D.ec, _21

139 Harbison-Walker Refrac com.*
35 Home (Jos) common
100
120

Highest

Lowest

Highest

Lowest

^Shte'Prices

108%

100

Preferred

1,092 Arkansas Nat Gas Corp
Preferred.
5,816

333
395

30

Ask

Par

12,623 Allegheny Ludlum Steel
263

Dec.

Dec. 1

1939

$ 8,000 Independent Brewing 6s. .1955
7,000 Pitts Brewing 6s__
1949

-

YEAR 1939

Price

EXCHANGE

Months
1939

"i"66o

$14,666

RANGE FOR

PRICES IN DECEMBER

PITTSBURGH

SALES
In

1938

1939

Bond Sales

1938
109.161
1,373,537

1939
103,066

Stock Sales

40c
3

Jan.

20

Nov. 28

37

Sept. 2
119% Sept. 1

UNLISTED

1,126
*

6,662 Pennroad Corp vtc

No par value,

x




1

1% Dec. 11

1% Sale

Ex-dividend.

i

2

Dec.

3

3 % Sept.

2

RANGE OF PRICES ON DETROIT STOCK EXCHANGE
v

Stock Sales

1939

Shares.

AOOREOATE
SALES

1938

j

245,§29

.

December

327,447

I Jan.

DETROIT

12

December

STOCKS

1939

1939
Par

"*575

Tr5B3t2mgff"EIec"S^KquTpmTO::r-_.r

3"550

Atlas ~
4,248'.*"
Drop Forge common
5
17,892 Auto CityBrewlng common--*

1:670
1,783
300

3,635
550

250

79,642
2,642
12,268
96,068
29.210
31,967

YEAR

1939

Price
Jan. 3

Months

SMlfs L. :$Mr§?

2,667

RANGE FOR

PRICES IN DECEMBER

STOCK EXCHANGE
In

1938
4,057,484

1939
Shares. 3,569,002

Stock Sales
1 to Dec. 31

Baldwin

Rubber common

1

Bid

Bower

Roller

2

36c r

40c

7%

754

Bearing

5
Briggs Mfg Co common
*
Brown-McLaren Mfg Co
_1
Burroughs Adding Mach.____*
22,101 Burry Biscuit Corp
1254c
1,595 Capital City Products
*
100 Casco Products Corp

Bifc±^Ask
1%
2

T?T"Sale"

Bohn Aluminum & Brass-__._5

31H
IK

Sale

IK
18 54
3

254.

12c

25c

7 X Sale
20—21~54
32%
2154 22%
12

IX

Lowest

Dec. 30

Dec. 1
Ask

$

IP

20c
6 K

1 %

21

154 Dec.

4

30c

_Z54

7c

Dec. "29

654 Dec. 19

23

33

32

22 X

2154 Dec. 19

" Deer 29
754 Dec.
1

25c

2354

32 K

1X
11% Sale
IX
IX
8 X
9X
1

Dec.
Dec.

18

3254 Dec. 29
2254 Dec.
6

7

1

Dec.

1154 Dec. 20
154 Dec. 27
7 54 Dec. 21

12

Dec.

1

7

11

1% Dec.

5

Dec.

21

8

Prices.
154 Nov. 8

Prices.

-Sale P.

Dec. 29

Highest

Lowest

Highest

Prices

9

154 Feb.

-

9

5

Sept. 23
"40c Jan74
754 Jan..
4
8

I7eD^rll

5
Apr,,
I854'Aug.2T |""2754 Sept. 15
,

21

17
75c

1154
13

Apr. 12
Apr.
8
Aug. 22
Dec. 20

Aug. 24
554 Mar. 27
15
Aug.
2

Nov.

4

3154 Jan.
154 Mar.
1854 Jan.
2% Jan.

5

34

8

15

8
4
7

Dec. 21

Aug.

2

Jan.

4
5

Chamberlin Metal Weather

2.654
303
600

3,390
420

16,457
589

2,400
92,801
.7,785
37,101
50,294
2,734
1,965
1.380
60,008
8,296

Strip Co common
Chrysler Corp common
Consolidated Paper com

5
5
10

Consumers Steel Products
Continental Motors common. 1

Crowley, Milner & Co com
*
Cunningham Drug Stores.2.50
Deisel Wemmer Gilbert com. 10
Detroit & Cleve Nav com.-.10
Detroit Edison common
100

1,720

32,510 Detroit

4.961

44,568 Detroit Mich Stove common
37,664 Detroit Paper Products
8.381 Detroit Steel Corp common.

1,894
350
•V!

"""200
600

""805
581

1,581
135
845

5,745
860

3,115

Gray Iron Fdy

1

6,000
497
100
964

1,387

3,148

2,600
1,635
1,265
3,218
810

4,166

"4:030
200

17,210
900

200

2,460
200

8,371
1,330

5,911
2,131
1,250
2,761

3,813
1,992
833

1,590
455

3,900
1,105
2,170
2,725
999

4,303
935

1,250
260

1

4

7,169
2,206
595

743

""455

87c

3

135

N ew common

Sale

IK

1K
Sale

Sale
IP

12 X

15 K

28,159 Fruehauf Trailer Co com
38,325 Gar Wood Industries com

1

3

*

IK

IX
UK
6X
27%

1
2X
IX

48,584 Hall Lamp common

*

New common
5
497
*
275 Home Dairy class A
18,294 Hoover Steel Ball common. .10
9,267 Hoskins Mfg Co common..2,50

Houdaille-Hershey

class A

Class B...1

9,660 Michigan Silica Co

27c

2%

1
1

4 %

1%

Mich Steel Tube Prod

.1

2.50
*

common

Preferred

10

Micromatic Hone Corp
Mid-West Abrasive com

1
50c

Moore (Tom) Distillery Co

1
*

Motor Products Corp com
Motor Wheel common

Sale

7
31

2%
49X

Muskegon Piston Ring
Packard Motor Co
Parke Davis & Co

com

2.50
*

com

*

Parker Rust-Proof com.:
Parker Wolverine Co com

15

cVA

a3,H
Sale
25

common

United Specialties common

578 U S Graphite Co new com.
995 U S Radiator common
Preferred

For footnotes see page

61.

.

1%

2X

16

4

Dec.

5

3 54 Dec.

15

23 54 Dec. 29
8
17 54 Dec.
1254 Dec. 29

454 Dec. 11
2
254 Dec.
5
2854 Dec.
4 54 Dec. 26

28

Oct.

29

Dec.

15

Apr.
8
Apr. 25

1254 Dec.

29
15

4

19
4 54
2 54

Dec.

5

Dec.

Sale

154
24 54

Dec. 29

Aug. 25
Apr. 10

Dec. 27
6
2954 Dec.

Feb.

8

June

74c

654

1354
1354
554 Sale

4

16

Dec.

2354 Dec.

254 Dec.

18

53 54 Dec.

6

2

54 Dec. 19

1

87c

Dec.

14

1

Dec.

6

35c

Dec.

12

75c

Dec.

29

1

55i Dec.

27
5
Dec.

16 54 Dec.

2

13 54 Dec.

7

454 Dec.

7

Dec.

28
5

6

654 Dec.
1854 Dec.
1354 Dec.

8

47c

2
53c

Sale
454

154
26

19

5

Apr. 11
Apr.
8
Sept. 11
Aug. 19

254 Dec. 11
5454 Dec. 29
7
2 54 Dec.

34

2554

3
13

14

30

25

Feb.

3254

18
13 54

154

Sept. 11

754 Dec. 20
154 Dec.

Jan.

154 Dec. 15

Apr. 10
Apr. 10

Sale

1554
1354

45c

8

Apr. 11
Apr. 18
Sept. 1
Aug. 24
Apr.
1

7
Dec.
7
Dec.
Dec. 30
1
Dec.

3 54 Dec.

50c

26

7 54 Dec.

6 54

55c

4X

154 Dec.
154 Dec.
154 Dec.
1554 Dec.

3

Dec.

29

Dec.

Jan.

12

2
Apr.
'6
554 Dec. 27
5
'654 Dec.
10
Apr.
8
13
July
5

31

Feb.

23

6

Dec.

Dec.

20

52c

Dec.

5

154 Dec.

20

2

Dec.

7

Apr. 11
454 Apr. 10
40c
Sept.
1
154 Aug. 30

14

53c

Dec.

7

42c

2554 Dec. 30
8
454 Dec.
154 Dec. 27

1
1254 Dec
554 Dec. 27

44c

50c

Dec

24

Dec.

16

4

Dec.

20

13 54

6

Dec.

7

.

9

June

6

2054 Jan. 26
8
254 Apr.

1

Jan.

31

2154 Apr.

154 Dec

6

90c

Dec.

1

Dec.

1

55c

June 27

Dec.

22c

20

20c

"25c"

Sale

20c

23c

24c

18c

Dec.

25c

Dec.
Dec.

21

12c

Sept
Apr.

1
8

2X

Sale

2J4 Dec.
654 Dec.
1
Dec.

13

154 Jan.

11

13
7

5

454 Dec.

22

Dec.

8

2

154 Dec.

8

Dec.

2

85c
15c

1154 Dec.
1554 Dec.
554 Dec.

1254 Dec.
1554 Dec.
554 Dec.

8

10

Dec, 20
43 54 Dec. 20
17 54 Dec. 12

354 Dec.
44% Dec.

2

3

1

36

Dec.

13

854
154
6 54
154
154
254

Dec. 12
Dec. 22
6
Dec.
2
Dec.
9
Dec.
Dec. 14

854 Dec.
154 Dec.
654 Dec.

5
9

1

7

6

2

Dec.

14

2

Dec.

7

2

Dec.

■2 X

36c

m
1%
35c

50c

t
Sale
50c
22 K

2%

"80c

99c

554

6% Sale
1

Sale

41c

Sale

IX
3X
2%
24%

2 K
15%
97

Sale
42K

19%
54
K
2

1%
3%
2K

Sale

Sale
20%

4

83c

99c

654
Sale
154
154

454
7 54
25c

Sale

3K Sale
44% Sale

19

8

Sale

954

1% Sale
7
654
154
154

V'

2

3 54
254
.254
2t>
2454
454 Sale
■1%
154
154
154
15
1354

20

854
8 54
154 Sale
654
654
154
2
IX
254
254
3 54
2

Sale

2454

25
4 54
454
154
154
154 Sale
12
1354

90

1854
3%
3 K

8

1154 Sale
15 54
16
554
6
1454
1554
354
354
44 54 Sale

10

4%
38K

254

18

"§54 Sale"

1154
12
1554"
16 54
554 Sale

254
7

3

50

SlcK
2lg

80c

12454
154
154
154

21c

1
*

554

Sale

55c

26

40c
Sale

*

1
.5
1

"1254"

254 Sale
2954

65c

Apr. 28
May

60c
Dec.
120 54 Dec.

Sale

4%
4
5%

2054
254
254
354
3 54

Sale
254
3
354

4,54

23 54
254
3
Sale
454
854
Sale

254
254
3 54
354
6

:::: "i%

Dec.
654 Dec.
81c

Dec.

454 Dec.
654 Dec.
1

Dec.

25c

8

Dec.

45c

19
4

254
8

12

30c

11

9
2454 Dec.
1
454 Dec.
154 Dec. 28
154 Dec. 30
13 54 Dec. 20

19

354 Dec. 29
254 Dec. 26
25

Dec.

4

5

Dec.

8

154 Dec.
1 54 Dec.
1354 Dec.

4

7

19

2054 Dec.
2

Dec.

254 Dec.
3 54 Dec.
3
2

Dec.

54" Dec. 30

2454 Dec. 13
2 54 Dec. 22
254 Dec. 28
4

Dec.

4

4

Dec.

23

254 Dec.

5

June 30
June

254 Jan.
Jan.

19
7
11

Aug. 29
July
1

Apr. 10
1054 Apr. 10
4
Aug. 25

10
3

100

22 54

2 54

¥

Oct.

M

Jan.

Aug.
5
154 Sept.14
Nov.

June 16
Jan.

Sale

10

;

Tivoli Brewing Co common
Union Investment Co com
United Shirt Distributors

50c

7
16

4 54

18c

1

100

1254
454

254
254
254
53% r5454 Sale
254
254 Sale
Sale
1% r75c

12% Sale
5%
5%

Dec.
254 Dec.

3 54 Dec.
2
Dec.

90c

Simplicity Pattern common._1

5% cum part pref

2554

10

33

20

40c

6,
1%

Standard Tube Co class B
1
Stearns (Frederick) common._*

3 54
23 54

35

Sale

24

July

Sale"

2%

Sheller Mfg Co common

17
13 X
30 X

Jan.

22

Nov. 20

654
12%
15%

20

1

*

*
*10

3 %

Dec.

Dec.

21c

1

5

Sale

854
154
3054
554

•i*

Sale

15

16

98c

Dec.

90c

8

River Raisin Paper com
Scotten Dillon common

2%
39c

19

Rickei (H W) & Co common..2

IK

7 54

154
29 54

90c

80c

76c

*

Reo Motor common

254
52 X

75c

Sale

Sale

8954 Dec.

84 54 Dec.
16
Dec.

16 X

Sale

125

IX
15%

14

26 X

35c

21K

2%
1%
22%

2.50

1

28
5

Sale

5

10

4%
2% Sale

6
11

4

Sale
19

d'A

554

10

common.

13%
76c
123

1

18

Sale
8
Sale
62c
2K \ 2K
50c
52c

1

40,932 Peninsular Metal Products
11,312 Pfeiffer Brewing Co com
18,243 Prudential Investing Corp




22%

*

21,353
80.019 Murray Corp common

35

30
5

17

16" ~17~~

20,587 Lakey Fdy & Mach common..1
30,006 LaSalle Wines & Champagne_2
*
8.982 Mahon (R C) class A pref
1
42,832 Masco Screw Products
*
2,485 McAleer Mfg Co common
281,457 McClanahan Oil Co common. 1

Timken Axle

1K

21K

*

44,232 Kingston Products Corp
19,460 Kinsei Drug Co common
44,183 Kresge (S S) Co common

60,206
66,210
20,245
11,531
6.064

15%
8

27

5%

IPs
Sale

24%
15K

*

32,217 Hudson Motor Car
69,550 Hurd Lock & Mfg Co com

37,487
22.211
19,189
16,050
20,828
1,110
54,131
2,396

18 K
Sale
125

Sale
16

87c
2

IX

14

49 X

140,367
49,768
12,935
21,161

Sale^

5X

13~~

10

Michigan Sugar

IP
d*

3

50,579 Goebel Brewing Co common. .1
.1
33.915 Graham-Paige Motor com
21,710 Grand Valley Brew common. .1

33,377

2X

.....

*

16,427 General Finance Corp com
147,183 General Motors common

8,708
112,403
14,056
46,714
20,191
30,814

65c
122

89M

1654

5

*
24,044 Federal Motor Truck com
56,093 Frankenmuth Brewing com_.l

102,181

3%

14
Sale

82c

112

85

2

*

3
*

21,134 Federal Mogul common

775

"5:903

354
254

n*

\y*
Sale

Aug. 25
Apr. 14

5

5

7

8,785 Durham Mfg Co common
3,854 Eaton Mfg Co common
4,885 Eureka Vacuum Cleaner
28,012 Ex-Cell-O Corp

237

117660

14 J*
o

465 Detroit Steel Products
3,282 Divco-Twin Truck Co

330

*2:432

Sale

95c

1

5

4%

82
13

1

-

410 Gemmer Mfg Co class A
Class B
220

1,317
6,405
1,997
1,009
8,450

5

1254
554

154
254
154
2254
354
154
154
1354
9654
1054
154

Jan.

23

Apr.
Apr.
Apr.
Apr.
Aug.
Apr.
Apr.
Apr.
Apr.

8
11
10
1

July

1
10
7

June 21

July

1

Dec.

28

Aug. 29
Dec. 20

Apr.
Apr.
Sept.
2
Apr.
254 May
254 Aug.
854 Nov.
254 Dec.

10

21
10
28

Nov.

4
6

18 54 Oct. 23
8
1654 June

12!*
!H

Mar.
Nov.

2
1

Sept. 11
Jan.

4

254 Jan.

3

16

Nov. 28

2854 Mar.
854 Oct.
Feb.

30

2!H

Oct.
Jan.

9
5

27
26
6

Sept. 11

19 54 Nov.

9

1254 Dec. 29
654 Nov. 4
254 July 19
30

Oct.

7% Jan.
July
July
354 Sept.
5654 Oct.
254 Jan.
154 Nov.

31
10

75c

.454

25

5

28
28
30
26

4
6

Dec. 29
Oct.

13

6

Dec. 28

7

May 17

1854 Dec.

8

5

16

Jan.

34
17

Sept. 29
Jan.

854 Jan.

4
4

Jan.
7
254 Sept. 11

76c

60c

Oct.

4

2654
4%
154
2654
15*

Aug.

4

70c

Mar.

36c
2

8
Dec. 27

Nov.

July 28
Sept. 6
9

Sept.

6

Feb.

25°

9X4 Sept. 26
254 Sept. 6'
754 Sept. 6
Dec.

8

154 Jan.

3

8
60c

Nov. 20

1854 Jan.
1754 Oct.

iSB

Jan.

Mar.
45' J an.

46

5

26
5

3
3

9

Sept. 12
Sept. 25Sept. 27

2

Jan.

21

8

254
254
354
354
25 54

Mar.

4
8

Mar. 21
Nov.
4

May 13
Sept. 8Jan.

9

Apr. 25
4
lVs Dec.

ill!

Jan.

Jan.

3
27

Feb.
2
10 ion
10 24 H Dec. 13
4
13
3X Jan.
Jan.
4
10
Mar.
9
22
Jan.
4
29

!H

14

30
6

Nov.

i2o*

9

Aug. 16,
Nov.

6

Jan., 1940]

DETROIT

AQQREQATE
SALES

Shares
100

STOCKS
Par

7,686 Universal Cooler class A
Class B
36,374

2,100
344
140
766

5,139
1,450
2,800
215

""283

*
*

Universal Products common—*
Walker & Co class A*
Class B
*
Warner Aircraft Corp com
1

2,014
1,391
16,042
150,330
7,487
29,869
3,221
84
9,343

Wayne Screw Prod common—4
Wolverine Brewing Co com
Wolverine Tube Co com
Preferred

61
RANGE FOR

YEAR

1939

Price

Jan. 3
1939

Shares

EXCHANGE
PRICES IN DECEMBER

DETROIT
STOCK EXCHANGE

In

12 Months
December
1939

STOCK

1
-2
100

Dec. 1

Ask Bid

Bid

2%
156
15

556
156 Sale

4
156
—

Dec. 30

Ask Bid

18

356
4
156 Sale
156
256
17c
27c
7
856
80
100

Young (L A) Spring & Wire..*

256
156

19

16

27
356
156 Sale
1
156

2456

24

2356

3

656
7%
7856 104
1156
12

556
156
1856
27
4

3

156 Sale

.

1

11c

9c

Ask

9c

156
/

12c

656
7%
7556 104
1056
1156

Lowest

156 Dec.

7

18

Dec.

4

25

Dec.

6
4

Dec.
156 Dec.
156 Dec.

3

Dec.

9c

Lowest

Highest

Sale Prices

Sale Prices

Highest

Sale Prices
5
Dec. 16

8
6
13

6% Dec. 20

Sale Prices
5
Dec. 16

156 Dec.
18% Dec.

1
9

Dec.

6

25

3% Dec.
7
156 Dec.
1
156 Dec. 28
11c

18

Dec.

656 Dec. 20

256 Jan.
156 Sept.
1554 Aug.
23
May
156 May
67c
Aug.
90c
July

Dec.

7

10
Dec.
13
18 17156 Dec.
28 2156 Dec
27 2556 Dec.
156 Dec.
23
756 Dec.
13
16 14056 Dec.
5 4756 Dec.
1
Dec.
27
156 Dec.
27
256 Dec.
13
27 3856 Dec.
Dec.
1 2856 Dec.
Dec. 27
656 Dec.
Dec. 12 1656 Dec.
1956 Dec.
Dec. 27
1556 Dec.
Dec. 27
1256 Dec.
Dec. 19
556 Dec.
Dec. 26

30

7

Dec.

12

554 Sept. 14
256 Feb. 17
1856 Dec.
9

18

25c

26

Jan. 20
356 Jan. 10
256 Nov. 6
256 Feb.
2

8c

Oct.

5

8
6
3 100
June 29 19

Mar.

Apr.
Apr.

80
12

17
11
23
26
26
25
7

10

2

8

Sept.
July

27

Jan.

12

UNLISTED DEPT.—

1,361

23,466
3,076
3,471
7,874
17,468
10,883

326

117
118

1.418

1,035
101
466

540
300
511

100

1,802
857

5,415

103,404
9,168
9,571
18,742

210

1,000
1,467

1856 Sale
14956 Sale

25
Borg Warner Corp common..5
Commonw & Southern Corp—*

__

_

7

10

Sale

171

Sale

""156 Sale"

Sale

4656
Sale

%
156

1

100

*
25
*

Standard Brands Inc

Deferred delivery sales,

r

956
16756
2056
2356
156
656

13756

-*
*

-

Purity Bakeries Corp
Socony-Vacuum Corp.-

a

"156 Sale

2

New York Central RR

No par value,

956 Sale
16856 Sale

Sale"

*

1
*
16.491 Kroger Grocery & Baking Co.*
36.492 Nash-Kelvinator Corp
5
13,990 National Dairy Products
*

1,016

*

*

Amer Tel & Tel CO.
Borden Company

Consolidated Oil Co
750 Dow Chemical Co com
8,742 General Foods Corp
16,050 Hupp Motor Car Corp
4,976 Tnternat Industries com
1,020 Jacobs (F L) Co com..
14,839 Kennecott Copper Corp

1,552

*

American Radiator

2 56

37 %

4356 Sale

'2756 Sale" "2856 Sale"

"~856 Sale
"22"" Sale"

656

656 Sale

Sale

"1856 Sale"

17% Sale"
1456 Sale

1256 Sale

""756 Sale"

Sold for cash.

#

2756
6

1556
1756
1456
1156
5%

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

.

21
6
6
19
7
20
22
12

20
13
6
30
6
29
14
20
1

7

856
14856
1656
1956
156
654
11856
3656

1856 Jan.
4
1756 Dec. 21
Sept.30
32
Jan.
5

Sept. 2
Apr. 10
Jan.

Apr.

25

4

8

2
Feb.
6
20
24
956 Sept. 12
2? 14156 Oct.
4
27 4756 Dec. 22
75c
2
Jan.
3
17
3 56 June 21
154
27
3l4 Sept. 15
256
13
2856
8 4654 Sept. 11
20%
10 2956 Oct. 28
956 Jan. 20
554
10
1254
11 185s Aug. 4
1154
1 23
Sept. 27
11
Jan. 26
1856 Aug.
2
1056 Aug. 24 15
Sept. 5
556 Dec. 26
756 Jan.

May
Aug.
June
Jan.
Aug.
Dec.
Dec.
Apr.
Apr.
Apr.
Jan.
Sept.

Ex-dividend.

RANGE OF PRICES ON THE PHILADELPHIA STOCK EXCHANGE
*

Stock Sales

December.

1939
-.Shares.

Jan. 1 to Dec. 31
AGGREGATE
SALES

338,301
3,738,435

12

December

$

204~,666
3,000
13,000

RANGE FOR

f PRICES IN DECEMBER

BONDS

1939

STOCKS

Shares

1939

Dec. 1

Ask

Bid

1056
6754

—

15

*
100

pref

9

% Sale

150 56

50
.—10

100
-...-♦

Preferred.Budd Wheel Co

....5

Chrysler Corp

Sale
18

2056
120%

Bell Tel Co of Pa pref-.-.--100
Budd (E G) Mfg Co
♦

Electric Storage Battery
*
General Motors-.—.10

953 Horn & Hardart (Phila) com—*
1,142 Horn & Hardart (N Y) com--*
29,835 Lehigh Coal & Navigation..-*
13,183 Lehigh Valley
;—50
23,648 National Power & Light
.*

293,733 Pennroad Corp v t c153,600 Pennsylvania RR
1,371 Pennsylvania Salt Mfg-.

—-*
-50
50

680 Penn Traffic common

254

Phila Elec of Pa $5 pref-...--*
Phila Insulated

pref-.——.25

Wire

11

Ask

Sale

Sale
17

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

"l5~~ "I"

1056 Dec.
6
6754 Dec.
1
1554 Dec. 11

11% Dec. 26
6754 Dec.
1
1554 Dec. 11

Sale

—

*

Phila Rapid Transit

50
7% preferred...
—---50
Philadelphia Traction
.50

7
1256
11% Dec.
16856 Dec. 18 171
13
Dec. 18
1456
14%
14
Dec. 27
1556
Sale" 12256 Sale" 12156 Dec. 19 124
5
Sale
556
556 Dec.
5% Sale

11% Sale
169
14

123X
556

Sale

12% Sale
170% Sale
14

17

55

Sale

5% Sale
82 56

Sale

"2956 Sale"
50%
118

Sale
124

37 %

3%
5%
85*

Sale
3%
Sale
Sale

156 Sale
24% Sale
160

172

2 56
119

Sale

30 54
17

156
354
7H

2%
Sale
18

2
Sale
856

Dec. 26

41

4%
84

Curtis Pub Co common-...--*

Fhila Elec Power

i056

Lowest
Sale Prices

Dec. 30

Ask Bid

30 %
53
116

5%
5%
88% Sale
3% Sale

Sale

28

Sale

54% Sale

5 56
84%

120

3356 Sale
256 Sale
356
3%
756
8%

Sale

2%
119%
30%

Sale

16

Sal§

16

Sale

2%
4%
11%

10%

11

168

Salt Dome Oil

Corp...—....1
Paper
*
Tacony-Palmyra Bridge. .... *
Tonopah Mining
1
—

Transit Invest

1

Corp

7 11956 Dec. 30
11756 Dec.
5
3056 Dec.
3056 Dec. 11
16
Dec. 26
16
Dec. 26
19
4
Sale
256 Dec. 12
256 Dec.
2
Sale
5
Dec.
6
456 Dec.
5
1156 Dec. 18
1156
1056 Dec.

305-6

Union Traction
—..—.50
United Corp common
*
Preferred
*
Uniteo Gas Impt common—*
Preferred
......._*
-—

-

x




Ex-dividend.

__-...*
*
...

656 Dec. 12
2
4556 Dec.
40
Dec. 11
7
56 Dec.

17
39
M

3

Sale

3

256
3
3% Sale
3456 Sale
11% Sale
112

.

7H
9

Dec.

6
11

256 Dec.
3756 Dec. 20
14

Sale
8

10

Dec. 18
Dec. 27

10%

Dec.

4

11556 Dec. 28
956 Dec. 12
956 Dec. 18

756
4856
4056
56
1

156
356
256
3956
1456
11756

Dec.
Dec.
Dec.
Dec.
Dec.

21

13
18

4
Dec.
Dec. 16
4
Dec.
Dec. 14
6
Dec.
Dec. 11

Dec.
1056 Dec.
10

14
28

31

Dec. 28

1556
2056
12456
856
5256
656
9256

Mar. 21
Jan. 10

Aug. 17
Jan,
4
Oct.
Nov.

10
6

Sept. 30
Sept. 27
3456 Sept. 13
5656 Nov. 14

110

Sept.13 12556 Mar.
Jan.
Sept. 14 38
156 June 30
456 Sept. 11
3
Dec. 26
656 Sept. 27
656 Apr
8 10
Aug. 15

32

1

FeD.

1456 Sept.
Apr.

136

2

2%
Sale

156

I

lb* eferred.'

Westmoreland, Inc..
Westmoreland Coal

1654
475a
3456
M

1456 July
171

2
3056 Dec.
5456 Dec. 28

2
256 Dec.
156 Dec. 11
4
21% Dec.
2356 Dec. 14
5
Dec.
16256 Dec. 27 169

23% Sale

3056

""456

13
5

Sale

2

164

2%

5256 Dec.

16

7
Dec. 26
556 Dec. 16
9056 Dec. 16
456 Dec. 30

Dpc.

11656 Dec. 14 11756 Dec. 20
1
33
Dec.
3356 Dec.
1
256 Dec.
7
156 Dec. 21
3
Dec. 26
356 Dec.
7
9
8
Dec.
856 Dec. 18

Sale

119

Dec.

27

Dec.

856 Apr.
14856 Apr.
11
Aug.
1056 Sept.
11756 Apr.

41

116% 119
33
34
2% Sale
3 ys Sale
8% Sale

2256 Sale
169
173

256

Sale

5% Dec. 13
8856 Dec. 28
3% Dec. 23

4
Dec.
Dec, 28
13
Dec.
6
Dec.

150 rteo Motor Car

Scott

117
June
1 117
June
1
(\% Jan
28 1154 Dec. 26
6754 Dec.
1 8054 Sept. 28
1154 July 28 1554 Nov. 8

par

American Stores
American Tel & Tel
Bankers Sec Corp
Barber Co

Bid

-

-

No par value.

YEAR

Price

$
1948
1,000 Bell Tel 5s.—1,271,000 Elec & Peoples tr ctfs 4s..1945
61.000 Leh Val ann 6s
30,000 Peoples Pass Ry 4s

5,699
11,281
1,141
15,368
3,725
21,873
35,952
81,402
9,457
443,811
8,739
3,840
2,193

$883,700

Jan. 3

1939

3,799
15,300
3,940
20,095
11,391
20,490

1938

$220,000
1,628,525

Jan. 1 to Dec. 31

\

PHILADELPHIA

Months

37,211
40,026
1,650
8,763
6,732
29,354
1,071
10,621
15,192
6,496
27,287
48,928

December

109,161
3,564,395

STOCK EXCHANGE
In

1939

Bond Sales

1938

113

2856
1556
156
256
656
56
656
4356
3356
56
56
56
2H
2

4

3156
1056
10756
756

5

8

Sept.
Sept.
Sept.
Oct.
Mar.
June
Feb

Aug.
Dec.
Apr.
Apr.
Dec.
Aug.
Aug
Jan.
Apr.
Jan.
Apr.
Sept.
Apr.
Apr.

i

356 Sept. 27
Sept. 27
Sept. 28

!,§«

Jan.

30

Aut. 23

3256 Nov. 16
19
Sept. 13
356 Aug. 21
6

Nov. 16

1156 Dec. 18
1H Jan. 14
5
1656 Jan.
5256 July 31
Aug. 15
4
Apr. 10

42
1

10
31

1

Jan.
Oct.

3l
3

Nov. 16
Feb.
6

40
1556
11856
1256
12

Aug.

3

Nov. 25
Nov. 27

Sept: 13
Nov. 21

San Francisco Stock Exch.
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE SAN FRANCISCO STOCK EXCHANGE
1939

Stock Sales

December

487,898
Jan. 1 to Dec. 31_^-______-__.-- 6,316,006
AGGREGATE
SALES

SAN FRANCISCO
STOCK EXCHANGE

In

12 Mpnths

December

1939

1939

December

820,857
6,529,965

BONDS

Bid

Jan. 1 to Dec. 31.

Dec. 1

Ask

56,000 Atlas Diesel Eng Co 6%—1945
5,000 Coast Co G & E Co 4%---1965
2,000 Pac Tel & Tel mtge B 354s 1966
3,000 S J Lt & Pow Corp 6%_...1952

Bid
97

Dec.-- 30

$85,500

-

$46,500

RANGE FOR

YEAR

1939

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Lowest

Ask

Ask Bid
102

1938

..

PRICES IN DECEMBER

Price
Jan. 3
1939

$

$

Bond, Sales

1938

Shares.

..

Sale Prices

87
11054
10854
13154

5 98
July
Feb. 14 11054 Feb.
Feb. 28 10854 Feb.
Nov. 24 13554 May

June

27
14
28

24

UNLISTED BONDS

5,000 Miller & Lux ctf of dep 6% 1945
7,000 Sou Calif Gas 454%
1961
S P Golden Gate Ferries—
5,000
554%
1949
Shares
755

1,865
9,939
1,497
2,043

""245

727
-994

.60
345
450

STOCKS

Shares

_

3,949
1,910

7,057
80,358
2,334
62,344
2,680

310

3,652
253

9,600

1,011
4,751
1,702
542

82
165

35
460

3.497
715
5

29,332
2,154

28,380
173,373
42,772
8,805

m

*
Bale

7

2,971
1,288
542

197

1.50

15
Sale

3454

3854
Sale

4854

50

96

99

31c

33c

45 54

354

4754
Sale

Clorox Chemical A—

140

500
410

97,724
26,499
7,432
14,843
176,881
10,581
20

"""838

10,064
4,337
26,469
73,215

323

1,949
3,300

654
454

2.00

Feb.

654 Dec. 23
Jan. 23

10

Jan.

6

75

Jan.

23

10c

30c

Mar. 21
Jan.
9
Feb. 25
Sept. 26

July

11

85
55c
2.15
14

87*
1

16

75c
13
18c
38

2.25
Sale

T6"54

44

36

10

Sale
22c

2154
2154
26 54
23

554

7

Dec.

Nov. 27

270

l§x

88

50c
2.50

Sale

554
320
Sale

Apr.

Dec. 29

13

Dec.

1554 Dec.

14

18c

20c
41

Dec.

20c

Dec.

22

80c
8
3.50

30

33

36

Dec.

51

Dec.

Feb.
1354 Apr.
4854 Mar.

Dec.

7

Dec. 18
33c
Dec. 27
56 54 Dec. 18

Dec.

Dec.
Dec.

354 Dec.

Dec.

90

Dec.

1
15

5054 Dec. 23
10754 Dec. 27

Dec.

Dec.

2454

23

554

Dec.

1

554 Dec. 14
275

320

II?
m

80c

854
2.25

Dec. 28 275

1554 Dec.

1

Dec.

1

Dec. 28

15

754 Dec. 20
20

3

Dec.

9

Dec.

13

11

Dec.

14

5

Dec.

\v%

22^
36
93

Sale
Sale

1054

im
ny°

1754 Dec. 27
4
3754 Dec.
1054 Dec. 27

19

Dec.
Dec.

7
13

5
1154 Dec.
2
3154 Dec.
3654 Dec. 20

36

Dec.

14
29

91

Dec.

21

96

14

Dec.

Dec.

1.55
14

2

Sale

16

20

Sale

1754

20

2154

24

2054

20

2254

20

7

5254 Dec.
654 Dec.

1

55

Dec.

5

6H
3054
554
9 54
1854

Dec.

15

Dec.

36

37
19

Dec.
Dec.

75c

Dec.

32

5

6

18
11

Greyhound Corp

1254
3854
19

92

1454
41
Sale

1.00

854
1854
12

8!

1354
3754
18

72c

BIU slH
3§8

1454
39 54
1954
Sale

6

954 Sale
1654
1754
1154
1254
13
1454
3654
38
1854
1954
75c
85c

Nov.

25
25
3

May 29

17
Mar. 20
10H
Nov. 17
Jan.

42
96
38
2.25

Dec.

20

Nov. 22

Oct.

June

6

Nov. 25

Sept. 12
6

20

Dec.

1

Dec.

5

2054 Dec.

5

Aug. 17

3054 Feb. 17

Dec.

15

754 Dec. 29

May 27

954 Jan.
4
5654 Oct. 26
85t Jan.
7

Dec.

15

5

Dec.

16

854 Dec. 18
Dec.

Dec.

1854 Dec.
72c

Feb.

Feb.

1

30

17

114
17

7954 Apr.
2154 Apr.
1
July
14
Jan.

4

5

654

5

36

13
7
12

29

8 54
Sale

2i»

May

5

1354 Dec. 29

-----

5254
654

23

Sept. 15

554 July 25

68c June 22

2
Dec.
Dec. 23
Dec. 29
Dec. 30

50

7 54

18

8

4354 July 27
1154 Nov. 8
41
Sept. 5

4

31 54 Dec
1.50 Dec.
0
20
Dec.

Sale

9

Mar.

3454 Sept.
654 Apr.
2954 Nov.

3354 Dec. 26
6
2.25 Dec.

31

June

18

854 Nov. 13

854 Dec.
854 Sept.
14
Jan.

954 Dec. 26

41

20

Nov.

114

854 Dec. 19

5

30
17

754 Nov.
1.90 May
8
Apr.
354 Feb.

55c

14

142

4054
i0 54

Apr.

2

Dec.

Oct.

Oct.

Feb.

Mar. 14
300
1754 Dec. 20
9354 Dec. 13

Dec.

9

4
30

7654 July

2

5

7

Sept. 21
July 20

25

Jan.

275

754 Dec. 20

Dec.

1.90 Dec.

7
12

3054 Oct. 24

4

1754 Dec. 20
9354 Dec. 13
60c
Dec. 13

88
58c

1
8

Mar.

Mar.

1654 Apr.

2454 Dec. 14
554 Dec. 12

i054

14554
854 Sale
11
954

5354 July
July

35c

1954 June 20

"2854 Dec. 21

5 7^

954

Sept. 12

1

18

2854 Dec. 21

8954

Jan. 25
Nov. 16

30

1954 June

2554
2954

454

40

8

26c
40
2.90 Sept. 21
J*
93
5554 Apr. 11
35
Jan. 25
5454
1 108
10354 June

25

2854

3354
1.60 Sale

32

754
8
2654
954 Sale
654 Sale

18

Oct. 20 104
June 29 45c
Sept. 1 62

96

102

23 54

554

3754
3654
9554 Sale

49

20

3

Dec. 11

18c
35

3954 Dec. 19
22J4 Dec. 29

3954 Dec.
2154 Dec.
5054 Dec.

'

Ewa Plantation

954

Sept. 13
Jan.

1054 Oct.

rm AprT 6 2554 Sept. 8
8
2 2154 Jan.
1954 Oct.
Mar. 13
154 Dec. 29 ~~4
46
Oct.
2
33
Apr. 18
8
Nov. 4
1254 Jan. 14
5
1.50 Jan.
1
Oct. 25
7
Apr. 11 if* Oct. 26

2.00 Dec.

35

1654 Sale

954

9

11

Nov,

2054 Dec.

23

280

Sale

18

1.75

1054
554
854
554

Dec. 26 190

Dec. 26 12554 Dec.

24

2354
2354
27 54

3954

common... 1

July
7
6
554 Oct.
354 Nov. 30
454 Apr.
8

Dec.

10
1

18c

38
11

common
*
-^referred
.10
Hale Bros Stores Inc capital..*
Hancock Oil....
.—....*
Hawaiian Pineapple Co (new)..

v

39

Electrical Products Corp
4
Emporium Capwell capital...*
Preferred
.....50
Emsco Derrick & Eq Co cap..5

Gladding McBean Co com...*

2,00
50

1354 Sale

40

138
11

..20

4

1.50 Dec. 29

-20 54

1.55

80c

9

454

Dec.

654 Dec.

TBMDec Til
20
Dec. 18

1754

20

8

1

128

354

10c

4.50 Dec. 28

2.00

1.50

Dec. 23

554 Dec. 14
354 Dec.
1
554 Dec. 28

654
654
354
454
120
12154 Sale
754
654

1714
2054
2.90

*

Golden State Ltd capital.....*

10c

2154 2254 Sale
2054
5054
5154
5054 Sale
102
101
100
10154 103
27c
Sale
27c
Sale
28c
54
Sale
5254
5254 Sale
354 Sale
354
354 Sale
87
90
§354 8554 8854 50
50
54
50
4854
Sale
107
107
10654

754

"

654 Dec. 28

•5>fDec:-'2t

*

General Motors....
1
General Paint Corp common.*
Preferred
*

16c
Sale

4

9

1.30

654 Dec. 23

654 Sale

12

Holly Develop Co

54

75

654
110

10c

10
4

Fireman's Fund Indem cap..10
11,356 Fireman's Fund Insur cap..25
10
13,488 Food Machinery Corp com
12,479 Foster A Kleiser common..254
Class A preferred
25
1.554
Galland Mercantile Laundry
common (capital).........*
2,265
General Metals Corp—
Common capital........2
9,467

42

648

1.498
2,380

16c
Sale

125 54 127

30
8

1.05

17

Caterpillar Tractor capital—*
Central Eureka Mg Co com—1
Chrysler Corp common
5

Vi

6

50

654 •Saie

19 54
2.00

California Packing
Preferred

-.50

10c

754
110

17—17%

1154

100 Dow Chemical Co common
El Dorado Oil Worksjcap

13,768
3,567
42,378
7,935
16,822
1,912
1,191

1,178

435

25c

190" 265"

35c

capital—*

654
60

1054
454 Sale
m
7

Calif-Engels Mining Co
1
California Ink Co Inc A—--*

....

"

530

10
150

22c
10

Calif Cotton Mills capital—100

.'referred (new)........
18,907
2
1,156 Cypress Abbey Co common
850 Consol Coppermines Corp cap 5
7,356 Di Giorgio Fruit Corp com. .10
Preferred.........100
5,060
...»
6,247 Doernbecker Mfg Co

100

1,320
7,219

9H

...

725
300

22

38

35
37
108
970 Coast Cos G & E 6% 1st pf-100 106
Columbia Broadcasting Sys—
Class A
25
I,160
Class B
2V
515
2354 2554
7,019 Consol Aircraft Corp com
Consol Chemical Industries
21
Inc class A partic pref
18
*
24.953
4
454
20,037 Creameries of Amer (new)—1
Crocker First National Bank
San Francisco cap
325
126
100 293
1354
1454
206,550 Crown Zellerb Corp com (new).

1,146
1,734

4,753
1,725

*

Class B

998 California Water Serv pref-100
35,761 Carson Hill Gold Mg capital.-1

20

Mar. 23 11954 June 15
10754 Mar. 22 10754 Mar. 22
118

par

11,272 Alaska Juneau Gold M cap.-10
15 Alaska Packers Assn cap
100
Angio-Amer Mining Oorp Ltd—
Common
1
23,900
27,040 Anglo-Calif Nat'l Bank20
34,468 Assoc Ins Fund Inc com cap 10
33,083 Atlas Imp Diesel Eng Co—.—5
410 Bandini Petroleum Co com—1
2,614 Bank of Calif Nat Assn cap 100
690 Beech Aircraft Corp com
1
,~7.,995 BiSlmp^OiLCgLcap.—
2
18,247 Byron Jackson com cap-.—
25,591 Calamba Sugar Estatecom__20
Prsfesred^-r.-^
—20
-2.V27.0
2,380 Calaveras Cement Co com—*
600
7% preferred
100
625 Calif Art Tile Corp class A—*
490

116

Dec.

14

.

6
15
1

Apr.
Apr.

8
8

Jan.

29

25

Sept. 28
Apr.
8
Aug. 25

Mar. 14
954 Jan.
3
954 Sept. 11
19M July 18

34

(<)

%,

«

Dec.

6

Aug. 24
Nov. 30

1554 Mar. 15
4254 May
9
2454 Sept. 13
1.40 Jan

.

20

Home Fire & Marine Insur
15

1,374
20.954
2,979
1,251
18,443
II,764

2.376
597

30

5

800
400
29

1,221

769

8,516
49,399
9,716
87,129
1,438

1,352

4^

41

22

23
16

\lH

13

754
38c

854

554

90c
1.60
10

50c
2.10

210
"

1*683

7

44

404

3,598

400

48,813
13,901
140,947
76,861
43,751
3.555
1,450

126

736

1,815

23,042
2,012
26,294

101

7,925
100
No par

754

J*

Leslie Salt Co capital.""Ill*
LeTourneau Inc common... 10

40 X

32

*

Preferred.
Merchant Cal Mach Co

....

40K

Sale
14
6

11

60c

75c

42

5 l
Sa^

2.25
854
454

2.50 Sale

1654

16
8
38
43 54

1

554

1

29

*
*

Sale

454
14c
50c

254
15,432 Magna vox Co Ltd capital
15,248 Magnin & Co (I) common...*

1,515

43

J*

1.40

^referred

Libby McNeill 8c Libby com..
Lockheed Aircr Oorp com....
Lyons-Magnus Inc A
316 Lyons-Magnus Inc B

498

7,249

•

*

3554

16,977 Langendorf United Bak cl A..*
Class B-.
24;188

1,043

5,583
7,240
3,600
1,549

Hudson Motor Car com

Hunt Bros Packing common..*
Preferred-10
962 Hutchinson Sug Plant cap.. 15
-2 pesos
3,040 1XL Mining Co

3.377
2,056

948

Do of Calif capital........ 10
Honolulu OilCorpLtd cap new *
Honolulu Plantation capital..*

854

100
10

101

com.

1754

Meier A Frank O0..........IO
Menasco Mfg Co common.... 1
Nat Auto Fibres Inc-comjJtk
1

VM
754
954

Natomas Co

capital.........*
North Am Inv Oorp com...100
6% preferred...........100
554% preferred.........100
North Amer Oil Consol cap..10
Occidental Insurance capital.10
Occidental Petrol Corp com
1

4

26
23

1054
2454
lie

7
3

8
4054 Dec.
1654 Dec. 27

1154 Dec.

7

Apr.

8
4054 Dec.
8
1754 Dec.
1254 Dec. 18

Dec. 27
Dec.
7

Dec.

Dec. 28
2.50 Dec. 30

60c

1.50 Dec.

1

454

4

Dec.

454 Dec.
9

Dec.
Dec,

Aly*
46

40

Dec.

40

Dec.

8
5

42

Dec.

43

Dec.

18

3454 Sale
654
3154 32
454"
454

34
6

Dec.

35

Dec.

7

Dec.

29
19

29

Dec.

60c

20c
50c

65c

Jan.

32% Dec. 13
454 Dec. 26

454 Dec.

9

1054

37c

Dec. 22

60c

854 Dec. 27

954
10254 108
10154 Dec. 19 10254
18
16
Dec. 11
1654
1654
1754
12
1154
AV/s 1154 Dec. 28 1154
Sale
2.10 Sale
2.00 Dec. 26
2.40
1
Sale
854
854
754 Dec.
854
10
954
954
954 Dec. 11 1054
3 54
4
3
Dec. 20
454
28
23
Dec. 12
28

42^
105

26

26
Sale

1054

30
11

26
Sale

W*
13c

26
Sale

23

Dec.

5

954 Dec. 27
4
2454 Dec.

Dec.

June

Nov.

1

554 Dec. 26

554 Dec. 26

8
11

Aug. 25
May
8
Sept. 15
Dec. 20
Dec. 12

7

Dec. 29
Dec. 29
1
1054 Dec.

Sept. 24

26

2554 Dec. 29
13c
Dec. 30

Dec.

9

Apr.

7

1

11c

5
1
7

Jan.

Dec. 13
7
Dec.
Dec.

1

Sept.
Sept.
Sept.

11

Dec. 14
8
Dec.
4
Dec.
4
Dec.
Dec.

13

Apr. 11
Apr.
8
May 18
Aug. 24

60c

Sale

Dec.

26

Apr. 10
Sept. 5

8

17

9

65% Sept.
1.75 Sept.

Oct.

11

1554 Dec.
854 Dec.

July 21
2354 Feb. 10
1854 Sept. 5

5

Mar. 17

Sept. 18

854
17

43

Feb. 20

Apr.
45c

8

(

Feb.
3
Jan. 23
June 27

6

6
354 Sept. 5
954 Oct. 21
654 Mar. 6

20 ^ Mar. 14

1254 Mar. 17
June
9
4354 Sept. 12
3654 Oct. 24
45

10

Sept.

6

3654 Feb. 24
454 Dec. 26
25c

Mar. 18

70c

Sept. 13
1654 Mar. 4
L0854 Feb. 21
1854 Aug.
1
1154 Dec.
4
554 Jan.
4
954 Jan. 20
1154 Mar. 2

75< Sept. 11
3754 Sept. 11
31
Mar. 8
12
July 22
28

Mar.

28c

Sept.11

7

O'Connor Moffatt A Co-

1,888

value.




Class AA common........*

554

8

6

7

.

654

-

5

Aug. 30

854 Oct. 25

Jan., 1940]

SAN FEANOISCO

AQOREOA TE
SALES

SAN

FRANCISCO

12

December
Shares

198

1,216

"""455
1,536
100

7,488
11,082
7,491
2,171
3,153
445

2,453
1,379
493
209

215

1,442
70

STOCKS

1939

43.876

56,597
4,393
38,066
35,014
4,776
1,955
1,405
12,744

Oliver United Filters Inc a

Dec. 1

Bid

Par
b

Ask

Bid

♦

20%

'21A

21

*

5A
6%

5

5

5%
5%
5%

*

9

_

Paauhau Sug Plant Co cap..15
Pacific-Amer Fisheries Inc
Pacific Can Co
Pacific Clay Prod capital
...

6

*

Pac Coast Aggregates com. .10
Pacific Gas & Elec Co com..25

6% 1st preferred
5%% 1st preferred
Lighting Corp com
$5 dividend pref
Pac Pub Serv com (new)
First preferred

7

29

29%
Sale

32

28 }

*

*
*

107%
7

Sale

20%
21%
121% Sale
148
*150
11%
12%
59
60%

*
100

Pac Tel & Tel Co common

29%
44%
si e

43 %

6% preferred.
100
Pacific Western Oi" capital.. 10
ific
Oil
Paraffine Cos, Inc, com
315
4% cum conv pref.
.100

30

62

932

1,360
1,288
702

7,751
3,149
1,560

501
5,081
4,050
10,700
8,807
3,219
55,944
30,192
18,713

Tei Co capital

21

5%
5%
13%
5

13

4%
Sale
Sale

128

Sale

129

Sale

149

Sale

149

150

Sale

48%

48

8%

7%

34
Sale

7% Sale
40

43

100
55

50

40%

40%

6%

4,329

>

"""329
10

4,924
707

926

655

»
*

1,204

'

565

-14,684
66

1,151
8,606
4,325
907
436
842

23,441
941
2001

890

2,512
20

30,605
2,605
9,995
2,294
1,735
2,296
2,929
875
784
25

60

(new).

Preferred

50

38%

43

98% 102

47%

16% Sale
22%, 23%
3% Sale
37%
37%
13%
14
8% Sale

50

49,630 Rheems Mfg Co
109,415 Richfield ou Co common
Com stock purch warrants
2.35
2.55
4,735
1
3,414 Roos Bros Inc common
13%
16
Series a preferred
296
105
100 100
7
Sale
177,718 Ryan Aeronaut Co com cap-.l
*
14,690 Safeway Stores Inc common
28%
29%
1.75
2.00
4,630 Schlesinger (b f) com (new)
Preferred (new)...
4
...25
7,705
5%
10,514 Shell Union Oil Corp com
*
14% 15%
2 f 5f% > dumcos vpr ef. . _ —tot 102 % Sale
OjSherwd Swan co^ltdcla^-lq —5%—6%
-2r040
*
8,853 Signal Oil & Gas Co class a
30% Sale
100,504 Soundview Pulp go^newirts .5
19% Sale
Preferred
100
95
96
1,516
13,571 Sou Cal Gas Pfd 6% cum a..25
31%
32%
190,719 Sou Pacific Co com (cap'l).loo
20%
21
9c
35c
8.887 Sou Pac. Golden Gate cl a
*
8,887
„

1,718
14,424
5,496
147,516
23,582
16,253
4,110
23,895

Class b

*

Sperry Corp common v t c
Spring Valley Co Ltd capital.
Stand Oil Co of Calif capitalSuper Mold Corp of Cal cap 10

28%
21%

Texas Consol Oil Co

36c

com

Thomas Allec Corp class a
Tide Water Assoc Oil Co com .10

4%% preferred new
776
100
2
499,687 Transamerica Corp capital
Treadwell Yukon .Corp Ltd—
Common capital
1
59,935
84,718 Union Oil Co of Calif cap
25
25
17,600 Union Sugar Co common
21,964 United Air Lines Trans v t c—5
10
37,149 Universal Cons Oil
1%
2,929 Vega Airplane Co
1
16,083 Victor Equipment Co com
Conv cum pref
15,300
5
20
5,125 Waialua Agricultural Co
100
90 Weil & Co com
940 Wells Fargo Bk & Un Tr caplOO
Western Pipe & Steel of Calif

1,518

27,872

130

2,325

100

294

common

...10

45%
5%

46%
6%
Sale
23%
60c
1.00

85c

13%
93%
6%

14
95
Sale

51c

18%
6%
13%

55c

9

27%

185

100

"l~,945
1,716
2,000
1,922
2,195
1,025

1,320
2,040
725
251

935

lb",817
100

950
16
67

2.90
40

18

18%
8% Sale
2.50
17%

1.50
15

5% Sale
48% 50
1.90

1.25

5%

Sale

[12%. 13%
105-

290
92

""i87

6,830
1,205
2,977
*

1

1

2
3%
25%
29%
25% Sale

98

33

34

15% Sale
lc

5c

Dec.
5 149
7% Dec. 30
7%
41% Dec. 27 42%
100
Dec. 21 100%
52

Dec.

20

20c
35c

4
19

2.75 Dec.

3%
20%
18%
28%

Dec. 23

18%
18% Sale
28%
28%
2.50
34
19

2.75

17

Dec.

16

Dec.

26% Dec.
2.50 Dec.

40
Sale

7%

2.40
17
108

5% Sale
46%
1.30 Sale

i!h

3c

19% Dec. 23

Dec.

5

46

2c

Dec.

47% Dec.
1.25 Dec.

1.30 Dec. 20

5% Dec.

5% Dec. 19
12% Dec.
2

12

Dec.

26

Dec.

6

25% Dec.

2

26% Dec .-14
29% Dec. 14

96

6

99

6
Sale

Dec.

2
33% Dec.
14% Dec. 27
lc

5c

Dec.
Dec.

4
2

2
42% Dec.
5% Dec. 15
24% Dec. 21

33

32

14c

45c

20c

Dec.

9

40c

80c

35c

Dec.

6

10

Dec. 26

89

Dec.

10%

10%

93

89

6% Sale

6%

15c

16c

13c

16%

16%

16%

q

8

13%
15%

3%
Sale
Sale

15%
15%
5%
3
10

28%

6

6

5% Dec:
1
47% Dec. 18

31%

10%

Dec.

17% Dec.

9

15% Dec. 28

Sale

25

Dec. 27
Dec. 30
Dec. 13

107

2%~
■5—
26%
27%
29% Sale
97
99%
33%
34%
14% Sale

Sale

91%
Sale
20c
Sale

8%
16

Sale

Sale
Sale

10%
30

Dec.

23

15

5% Dec. 19
12c

Dec.

21

15% Dec. 19
8

Dec. 28

4
13% Dec.
14% Dec. 11
6
4% Dec.

3

Dec. 30

10

Dec.
34% Dec. 15
15% Dec. 13
5c
Dec.
5
5c
Dec.
42% Dec.
5%- Dec.
25% Dec.
32% Dec.

Dec. 12
5
16% Dec.
10
Dec. 12
16% Dec. 29

15% Dec. 18
5% Dec. 13
2
3H Dec.

Dec. 28

27% Dec. 27

Dec.

275

Dec.

29

Dec.

1

4 275

Dec.

4

7

18

16% Dec. 19

17% Dec.

18

15

20

18

24

16% Dec. 22

17

3

2.95

%
1%
6%

2%
7%

435 Alleghany Corp common
*
685 Amer & For Pow Co Inc com
*
200 Am Com'l Alcohol Corp com.20
370 American Factors Ltd cap
20
.

900 Amer-Hawaiian ss Co com..10
500 Amer Pow & Light com
*

11,631
25,234
108,824
30,803
10,488
11,077

Amer Rad & Stand San com—*
Amer Tel & Tel Co com..
100
Am Toll

Bridge (Del)

1

com

Anaconda Cop Mg Co com..50

Anglo Nat Corp cl a com
*
Argonaut_mg Co Ltd capital.. 5

8,247
1,782
47,179
4,014
4,411
22,698

Atch

Top & s Fe rr

100

com

Atlas Corp common
...»
Aviation Corp (Del) com
3
Aviation & Trans Corp cap,
1
13

& o

rr common

100

Bendix Aviation Corp

com—t5

150 Berkey & Gay Furn com..
73,273 t Blair & Co Inc capital

1

.1

100 Bolsa Chica Oil class a com. .10
Bunker Hilt & Sullivan mg
& Con Co common
10,628
2%

Calif-Oregon Power—
6% pref (non-callable)
100
6% pref (1927 series)
100
1,170 Calif Pac Trading Corp com.. *
182

519

Preferred

31%
13%
5-%
17%
18%
149% 150
46c

48c

33%
10%
7% Sale
3
2%
39%
41%
7%
8%
8% Sale
3%
3%
8%
28%

?!*

2I*
&

2.50

*

conv

Service Co

31

Dec.

8

31

30

28

Dec.

26

28

4%
10
10%
9% Dec.
Dec.
169% 171% 170

5

10
9%
168% 168%
48c

6h

7%
3%
6%

29%

1%

Sale

80

14%
-

13,492 Claude Neon Lts Inc

com..

Solvents

38%

7%

7%

1

1

20c

*

Corp com..*

4

11

30%
8%
7%
37%

Sale

7

Sale

3%
5%
30%
%
1%

3%
6%
31%
%
1%
2.00

13%

Sale

7
15

23% Dec. 20
8% Dec. 14
7

Dec.

6

3% Dec. 28
29

Dec.

5

1% Dec. 26
1.75 Dec.

27

13% Dec.

8

53c

Dec.
Dec.
Dec.
Dec.

31

Dec. 29

"2
1

2

5
12

31%
9%
Sale
8ale

50c

10%

11%

105

2,032 Hawaiian Sugar Co capital..20
479 Hobbs Battery cl a cap
*
b capital..
1,150
*
199 Holland Land Co com.......*

22

1,386 Holly Oil Co capital.
1
306 Honokaa Sugar Co capital..20
Idaho Maryland Mines Corp—
57,748
Capital
...1
4,660jlnternat Nickel of Can Ltd..*
19,683IInternat Tel & Tel common.. *

42%

23%
1.00

20c

"43%
24%
Sale

2.50
35c

1.75

1.50
3

43

4%
%
25c

7
54

8%

t Formerly Bancamerica Blair Corp.

4

7

12

13

29%
30%
,7%
7%
0% Sale
37
36%
25c

7%
104%
37%
19%

40c
Sale

"38%

6%
Sale
55

9%

40%
4%
%
2c

Aug. 21
June 21

10%
lvn
6%
1%
13%
99%
4%

mpr.
Apr.

8

4

25c

7%
104%
39%

8
Apr.
Sept. 1
Jan.
6
Nov. 15 108
Sept. 1
7%
30
Apr.
4
47%
1.25 Sept. 16
2.00
4% Mar. 13
6
9% Sept. 1
16%
103--"-^pr;-18
3
Sept. 8
7
26—May
9 3Z~
11
Apr. 11 29%
79% May
99
28
Sept.
34%
10
Apr.
21%
5c

39

1.60Dec.

3c

Dec.

18

% Dec.
Dec.

3c

2
18

Dec.

Dec. 12

7% Dec.
9% Dec.
31

Dec.

2

1
18

30%
7%
10%
37%

Dec.
Dec.
Dec.
Dec.

1

38% Dec.

5

40% Dec.

19

20

Dec.

6

20

Dec.

6

25

25c

Dec. 27

25c

Dec.

27

1.25

t Odd lots.

1

4

37%
Sale

14

Dec.

8

Dec.

15
4

5

Jan.

10
18

Dec.

10c

Jan.

Jan.

50% Sept. 21
5% July 12
33% Sept. 12
36
July 24
45c
Sept. 27

26

4

19%
13%
16%
17%
5%
4%
11%

Jan.

19

Dec.

15% Aug.
4% July
8% Apr.
12
Apr.
4% Dec.
1.90 Aug.
6% May
24% Aug.

Mar.

8

37

Sept. 13
Dec.

29

July

25

Dec.

13

Sept. 27
Oct. 24
Sept.

110

Jan.

300

Jan.

11% Apr. 11

27

18

36% Mar.

15

16% Dec. 22
2.90 Oct.

3

Aug.
July
6% Dec.
30% Apr.
June

Sept. 15

9

33

Feb.

21

4

Jan.

10

28

Dec.

6% Jan.
17
171
67c

25
14

24
23

26
10

26
20

Mar. 10

Dec.

21

Mar. 13

38% Sept.
11% Mar.
7% Jan.

Aug.
3% May
Aug.
Dec.
Aug.
Jan.
Apr.
Apr.
Feb.
Aug.

6
28
14

5
1% Oct.
2% July 20
6% Dec. 21
34
Sept. 25

Apr.
9% Dec.
148% Apr.
43c
Sept.
Apr.

8%
3%
3%
4%
18
%
1%

18

Sept. 13

Oct.

Dec.

6
5

14% Jan.
95% Jan.

266% Oct.

Apr. 17
7c
Mar. 14
2.30 Nov.
6

8
7
3

36% Jan. 30
8% Dec. 14
9% Nov. 4

4% Nov.
8%
33%
%
3%

4

Sept. 27
Oct. 20

Feb. 17
12

Jan.

1.75 Dec.

7c

Mar

27

5
20
14

3

Mar. 13

90c

Oct.

2

2

Nov.

8

Aug.

5

4

Aug.

5

28

4% Nov. 25
% Dec. 14
3c

6%
104%
31%
16%
20%

Dec.

5% Dec.
35% Dec.
3% Dec.

4

13
19

6% Dec. 30
36% Dec.|22
4% Dec.
7

18

Sept. 22
42% Oct. 21
Feb.

2

1% Jan.

5
19

9
25c

Jan.

.s3
3$Z

Aug.
Sept.

3
7

25

13% Nov.

4

10

38

Nov. 15

30c

Feb.

Jan.

10

May
Sept.
Aug.
Aug.
Apr.
Aug.

26
1
24

3

Oct.

6

Feb.

24

1

June 30 12% Jan. 20
Oct. 31 107% June 27
5
Apr. 11
42% Jan.
Aug. 24
20% Nov. 29
28
Aug.
4
Sept. 9

2.50 Mar.
6
Dec. 27

25c

6
Sale

2.

Jan.
Dec.

Jan.

1.76 Mar.
2.60 Jan.

5%
6%
36%

Mar.

Jan.

26c

20

5% Sale
37% 38%
4%
4%

4

28
Sept.11
Febr7

55c

31

40%

7

Jan.
Feb.

12c

2
6

19

""2%

3

90c

2

3

4%

9
18

Sept. 7
9% Aug. 18
87
Aug. 28
5
Sept. 1

11%
28%
6%
4%

20

35c

26

Jan.
Dec.

35c

4
Apr.
24% Aug. 23

4
30

24%

25c

Jan.

June

Sept. 22
34% Mar. 18

7

40c

Jan.

4

11

7% Dec.

30c

Ocf.

June 20

1

1

7
10
28
19
18

Jam

il* July
...

lc

Jan.

78

7% Dec.

3

3%
37%
20%
10%

65

7%

1

1

20

83

40c

7%
10%

1

Mar.

Dec.

7

34

10% Mar.

83

14%

32%

2.80 Feb.
9
Dec. 26

13

69% Sept. 29

% Dec. 14

31%

45% Sept.26

20

Dec.
Dec.

4%

13%
30%

8
30

19% Sept.

42

10c

Oct.

55

11% Apr. 11

20

22

1.25

"240

2

28

4%
%

12

Mar.

14% Dec. 22

5

41

Jar

4

17
28
1.75 Dec. 27

Dec.

11

Mar.

1

83

1.60Dec.

31

27

3

2

7

July

1% Dec.

Dec. 20
4

12

June

1.75 Dec.

25c

3

July

18% Dec. 30
28% Dec. 13

23

24%
8%
7%
3%

81

82

29

31% Dec.
7
8% Dec. 29
3% Dec. 18

83

82

25c

50c

25c

57 Fibreboard Prod Inc prior pflOO
*
23,238 General Electric Co com..
2,009 Goodrich (b f) Co common. _*




2

23% Sale
8%
8m

6%

37%

*
6,486 Consol Ed son Co n y com
11,370 Consol Oil Corp common...
*
75,760 Curtiss-w right Corp com
1
12,242 Dominguez Oil Fileds cap..
*
2,936 Dumbarton Bridge Co com.. 10
5
9,901 Elec Bond & Share Co com

No par value.

Dec. 29

29

1,050 Coen Cos Inc class a conv...*
4ssn Inc common....

Dec.

1%

10

Dec.

47c
30

2

(new)

$10 par

7

55c

30%
8%
4%
2%

6% Dec.
3% Dec.

10% Dec. 29
Dec. 21

29%
8%
3%

1.50

3%
5%
28%

7c

15

Dec.
8
Dec. 26

9 171

53c

52c

30% 31%
7% Sale
3%.
4%
2%
2%
25%
26%
8%
7%

80

25

com

34

21

4

80

5%

6% Dec.

17

Jan.

60

2

6% Dec. 21

29

80

1.15

Dec.
4
Dec. 26
Dec.
6

1%

28

3%

6

3

26%

65
65

6

35

*

c

Sale

Dec.

25

13%

—10

cum

7%

3

Dec.

31

14%

1.55

Class a

6%

13%

.*

1,542 Calwa Co common....
100 Canadian Pac Ry com

7,306

1%
3%
11%
35%
14%
6%

3

10%

1

July 25
July 24
Aug.
3
Sept. 24

7
June 29
12% June 29

Jan.

16c

Mar. 17
4
Mar. 11

Jan.

18
1
Sept.
1
3% Aug. 15
2.75 Dec. 12
Dec. 12
17

June 27

21%
21%
3%

2.90

4

15c

16%

Sale

Feb.

50

21

19%
17%

3%

4

35c

Dec.
Dec. 29
6
10% Dec.
89
Dec. 15
6
6% Dec.

ilH

34%
35%
31%
41% Jan. 30 50%
100
Sept. 5 109%
4% Sept. 5
7%
5
18% Oct.
22%
114
Apr. 11 133
130
Sept. 12 157
7% Dec. 30 10%
36% Sept. 12 59%
90
Sept. 15 101%

85
300

Oct.

25% Sept. 22
Sept. 23
Sept. 5
7% Sept. 5
14% Oct. 21

Sept. 11
Apr.
8
29
Sept. 5
26% Sept.13

20c

21%

STOCKS

i%

26

36c

94

276

290

8

Jan.

30

Sale

13

24

4* May

2.60 Dec. 29

Dec.

8%

1.50

15%

91

29

52% Dec.

Feb.

36% July

60c

3%

Dec.
1
Dec. 30
Dec. 11
Dec. 23

1.35 Dec.

1.15 Dec.
Dec.

39c

11

8

3.75
Sale

5%

25%
32%

X

Dec.

Dec. 26

6

25%
30%

273

14 129

13

10c
44

5

Dec.

10

"44%

15c

42

1.75

25OH
\llH

7

Dec. 29
Dec. 21
Dec.
6
Dec. 23

17% Sale

515 Com in *1

l",717

29% Dec.

1.55 Dec.

33% Dec. 30
33% Dec. 15
30% Dec. 30

20

3,490

""565

5

Sale

104

108

95

1.25

101

108

100

Columbia River Packers

1,190

1.35 Dec. 20

32% Dec.
33% Dec.

4% Dec. 29
6
13% Dec.
4% Dec. 29

30

Cities

1,469
1,201
6,183

4% Dec. 27
9
12% Dec.
4% Dec. 29

25

675 Ches & Ohio rr

350

2.50

54%
42%

18% Jan. 24
3% Sept.
5

50
5,263 Yosemite Port! Cem Co pf—10

30

2,809

2

19%

25
Chanslor & Lyon Stores Inc—

658

4

Dec.

31

40

151

Dec.

5

18%

402 Ark Nat Gas class a common.*

"2,331

21

9

29

.

"

26

34

92

286

4

50

Checker Cab co—
(Consolidated) cl a ser i
Class a series 2 com cap

UNLISTED

200

16
26%

15

Yellow

341

24

15%

13

50

280

Dec.

4% Dec.

2.75

19

16

4
9%
Sale

21

12%

4

Sale
Sale
Sale

15

3%

Sale

3

9c

2c

1.40

1.05
10

8

41

100
1
25
1

common..

Cumulative preferred
Republic Petroleum Corp

140

~4~, 087

preferred

54

5%

Highest
Sale Prices

48%

42

44%
2.00
6%

7

Lowest

Sale Prices

47% Dec. 12
Sale
1 109%
107% 109% 108% Dec.
5%
Dec.
5% Sale
5
5%
21
Dec.
19%
20%
8
21%
cPW

50
1.15

Highest
Sale Prices

o

1.40

33%
33%
30%

Sale
Sale

Lowest

5

6%
5%

ifm

1.50

1.40

23

4%
5%

6

32%
33%
29%
47%
108%
5%

42%

100

Phillips Petroleum Co cap
*
Pig'n Whistle Corp partic pf.*
Puget Sound Pulp & Tim com.
By Eq & Realty Co Ltd com..*

Rayonfer Inc

1939

Sale Prices

Ask

96

99

—

22

5%
4%
12%
4%

Sale

2.30

25
25

Pacific

6%
Sale

Dec.

Ask Bid

Philippine Long Distance
218

YEAR

January 3

Shares

5,858
24,221
3,035
8,522
21,553
1,810
84,725
149,170
135,853

RANGE FOR

Prices

Months
1939

63

PRICES IN DECEMBER

STOCK EXCHANGE
In

STOCK EXCHANGE

Oct.

2

7

31

5% Sept. 7
35% Dec. 13
3% Dec. 19

2.50 Mar.
35c
3

6

Mar. 23

1.75 Mar
Jan

2
20

6% Sept.
7

Jan.

3

54% Sept. 6
9% Feb. 27

SAN FKANCISCO STOCK EXCHANGE

64
AGGREGATE

In

12 Months

1939

STOCKS

3,133
5,303
1,374
1,500

Par

Ask

Bid

2.25 Sale

—1
Corp com-*

10,088 Kennecott Copper
3,685 JKleiber Motor Co capital—10

42H

Bancorporation cap..*
Matson Nav Co capital
*
McBryde Sugar Co Ltd cap-_5
MJ&M&M Consol capital-1
Monolith Portl Cement com--*
Preferred
-—-10
Montgomery Ward & Co,

2054

Inc, common----*
Mountain City Cop Co cap--5c

4954
6 14
854
2714

1,170
2,790

"7",400

179,280

""2l5

1,228

381

21,739
91,796
6,159
1,846
36,113
3,565
3,822
4,329
1,021

521

3,245
1,150
317

1,889
414

cap—5
Nat Distillers Prod com
*
Nor Amer Aviation Inc cap—1
North Amer Co common
-*
Oahu Sugar Co Ltd capital—20
Olaa Sugar Co Ltd capital.-20

Nash-Kelvinator Corp

Onomea Sugar

43 H
22

334
354
7H

12c

cap—10
com—100

1,850 Pacific Portl Cement
1.057
614 % preferred
100
11,594 Packard Motor Car Co com..*
6,367 Park Utah Cons Mines com__l
7,431 Pennsylvania RR capital—50
1,002 Pioneer Mill Co Ltd capital-20
*
17,912 Radio Corp of Amer com
350 Radio-Keith-Orpheum com—*
*
7,010 Riverside Cement (Del) A
394 Santa Cruz Portl Cem com. _50
14,198 Schumacher Wall Board com_*

885
152
375

2~674
'"584
200

675

l"045

*

Preferred

4,000

483
160

5,148 Shasta Water Co common—*
50,414 Sou Calif Edison common—25
C 514 % preferred
25
24,181
B 6% preferred
13,279
--25
951 Sou Calif Gas 6% pref25
Sou Pacific Golden Gate Co—

3 340
764
850

1.65
45

4

9

8

5454
454

4

654

Sale"

.

17175

2,279
50

P

25 54

iM

5

460

Class A

10

300

Class B

12

Milling Corp com
*
25
2,888 Texas Corp common
100 Texas Gulf Sulphur common.-*
535 Title Guaranty Co cum pref. *
250 Union Carbide & Carbon cap.*

"177

_

250
793
100

5,452
2,481

1,760

323

Dec.
7
Dec. 14

Oct.

17
19

Dec.

27

Dec.

27

Apr.

Dec.

20

17
10
17
30
25
28

3

154 Aug.
2354 Dec. 28

13
Dec.

254
754

14

Dec.

654

554

28

15

554 Dec.
6
154 Dec. 28
454 Dec.
9

"454"

454
2454
1054
27 54
2954
2854

29 54

2754
2854

2854

29^4
2854

Dec.

19
15
20

Dec.

25

Dec.

12

Dec.

5

2

Dec. 13
Dec. 29

Dec.

2

Dec.

12

2854 Dec. 29
30
Dec. 29

Dec.

-6

29

Dec.

16

1.90 Dec.

12
7

32
75

1

K

_

654

-

6

554

4554

43 54

554
44

100

854

854

Dec. 26

95c
1 0
)Q9,

j6 5c

,

D

"554 Dec. 19

Dec.

4454
-----

954

954

>1854

27

654

24

39

43

40 54

1254

1554

1054

43
1554

Dec.*21

8 "954

854 Dec.

Dec.

1554

91

8554
43 54
254

88
43 54

86
46 54

88
47 54

20

6

Dec.

15

2354
2754
2554
3054

Sept.
Sept.
Sept.
Sept.
Jan.
Sept.
Sept.
Oct.

28
11
15
30
28
22
26

95c

Dec. 26

4

4054
354
2554
85c
Sale
154
2.00

654

90c

254
2254
Sale

254
24
1.20

1.10

66 54

66 54

154

1.00

50c

50c

4

354

5

354
4

5
Express Corp com__l

2

23

154

6554

4

454

100

100

54
154

54

54
25

200 Western Union Teleg corn.. 100

26 14

354
1954
10

10c

Sale

1.54
1.00
354
454
554

8754 Dec. 18
4554 Dec. 20
2?-4 Dec. 13
22
Dec. 21
1.15 Dec. 16

Dec.
154 Dec.

7
7

69 54

354 Dec.

20
18

3 54 Dec.
4
Dec.

23

Dec.

54 Dec.

5

Dec.

18

154
26 54

29

25 h Aug.

32
11

Sept.
Sept.
Sept. 20
1054 Oct. 11
3354 Mar. 3

30

2.45 Feb.

17

Feb. 11
454 Jan.
4
354 Sept. 5
26
Sept. 29
1254 Oct.
4
854 Jan.
5
154 Apr.
1

48

Feb.

6

2854
754
2554
2654
2954

2

20
28
3
13
14
30
Dec. 29
2954 June 16
3354 Aug.
3
Mar.
Feb.
Mar.
Jan.
Aug.

6

Jan.

4

754 Mar. 10
47 54 Mar,

21.

W)
23

Dec.

6

May 26

8

7
11

45

954 Dec. 26
44 Vi Jan. 12
3654 Oct. 18
1454 Dec. 22
16

87

Dec.

33

Aug. 21
May 18

2

Dec.

22

21

54c

Apr. 10
4354 Aug. 23
54 Feb. 28
40c
Apr. 18
3 54 Dec. 20
4
May 18

54 May 13
54 Dec.
5

50c

54
25 54

5

Mar.
Nov.

Oct.

22

4

28

20

Apr.

6

23

6

June

Dec.

Oct.

754 Sept.
854 Mar.

Dec.

20

10

16

57

10

40

1454 Dec. 22
87
Dec. 16
43 54 Dec.
4
2% Dec. 13
22
Dec. 21
90c
Dec.
1
6654 Dec. 30
154 Dec.
6

2

854 Sept. 5
Sept. 11
454 July 28
854 Apr. 21

11

13

Dec.

43

7

25
5
8
1

(0
554 Apr.

1254 Dec.
5
954 Dec. 26

Dec. 13
1254 Dec.
5
954 Dec. 26

43

19

"554 Dec. 19
4354 Apr. ,10

8

33
20

6

Dec.

20

45

32

654

954 Aug.
554 Sept.
154 Dec.

—

1754
654

44

6854
54

Mar.

20

20

20

89

5
11
20

45

80c

Los

26 54
22 54

Dec.

3454

25
5

6% preferred

4

2154 Dec. 28

16

15

70c

400

23 54 Dec.

4054 Dec.

44,

1
*
5

400

13
654 Dec. 30

454 Dec.

754 Sept. 22
4454 Apr.
6
354 Aug. 24
554 Sept. 1
25
Aug.
3
13 54 Apr. 26
2154 June 23
1854 Aug. 30
354 Apr. 10

19

3254

23

50 West Air

4

13

Sept.
July
2254 Sept.
35
Nov.
21

Dec.

35

*

500 Western Pacific RR com.

Dec.

2

2.75 Aug. 11
June 12
10c
4
Feb. 23

1.90

4354
33

3954
254

1,615 Vica Co common
14,734 Warner Bros Pictures com
3,178 West Coast Life Ins Co cap

"l'025

Dec""27

"754Dec."8
4

2

June

Dec.

25

5
*

73.126 U S Steel Corp common
24,652 Utah-Idaho Sugar Co com

"Dec."

7

23

Feb.

3154

100 U S Indus Alcohol com
34,787 U S Petroleum Co capital

388

13c

Dec.

8 54

4554
1454

13,823 United Aircraft Corp cap
6,459 United Corp of Del common

13

44
6<?

20

100 Taylor

4254

Jan.

5c

37c
Jan.
2.80 July

1.25 Dec.

24 5*

35

4

19

1254

28

*

Dec.

Dec.

27

Jan.

23

.__*

preferred-.common

11

20

11

482

30

12

25

Superior Portland Cement—

100
509

19

5c

4

Dec.

28

Apr.

29

Dec.

1.15

13

2754
2854
3154

Dec.

Dec.

1.40 Dec.

12c

4054 Sale
354
354
154'
254
2154
2254

2.50
50

24

7

17c

7

20

554
22

2354

7

6 54 Dec.

654 Sale

2354

6% preferred „——.—100i. —3-54—-—8—654
754
,8,596 Standard Brands Inc com---.*:
400 Standard Gil N J capital----25
5154
5254
Stecher-Traung Litho Corp—
Cum preferred
40
100 103 54 110
754 Sale
1
31,625 Studebaker Corp common
Sunset-McKee Salesbook Co—
14 54
Class A common
*
50
Class B common
*
20
754

211

854

5554
454

5454

§?M ilH I?*

22

1

1.55 Dec.

3854 Dec.

24

454 Sale
2
254
24 54

754
254
554
2454
354

Dec.

12

15

'Hc"D"ec.~n

Sale

4

2354
10

1.40 Dec.
3754 Dec.

27

1054

Co capital—20

Sale Prices

5

654

23

1854

Highest

Sale Prices

4 54

4 54

5354

5054
654
854
2754

Lowest

Sale Prices

1954 Sept.

Jy*

Sale

100 Pacific Finance of Calif com. 10
700 Pacific Indemnity Co

1939

Highest

Sale Prices
12c
Dec. 28

5c

10c

35

20

454
754

23

20
4

IXA
5

12c

6
9

3754

5c

4

414

1854 Sale
22

Sale

30

17c

15c

Sale

1.50

IV*

30

20

14c

36 54

5c

10c

5c

420 Marine

""loo

Sale
17c
1.50 Sale

3754

35c

30 c

com-1

Ask

Ask Bid

Bid

Lowest

Dec. 30

Dec. 1

1939

Shares
75,754 Italo Petrol Corp of Ado
7 % cum preferred
65,797

Shares

YEAR

Price
Jan. 3

STOCK EXCHANGE
December

RANGE FOR

PRICES IN DECEMBER

SAN FRANCISCO

SALES

•

28

Aug.

2

May 26

July 19
1454 Mar. 5
954 Dec. 26

4754 Oct.
6
3654 Oct. 18
1854 July 17
8754 Dec. 18
50
Nov.
4
3 54 Fob. 24
Dec. 21

22

1.40 Sept.

8
Sept 12
Sept. 5

82
3

Jan.

I

38

654 Mar. 11
5 54 June
9
54 Oct.

17

Dec. 22

1

2854 Aug.

2

Angeles Stock Exch.
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE LOS ANGELES STOCK
December

Shares.

Jan. 1 to Dec. 31

4,686,086

Jan. 1 to Dec. 31

aggregate

12

In

December

Months
1939

'

5 ,660
150

253

STOCKS

""500

865 Barker Bros

1,000
1,485
1,000

"500
1,000
385
285

352
350
757

1,205
675

1,316
200

272

175

1,217
1,070
3,800
10

1,940

"2", 23 8
200
"

l",613
1,100
99L

1

25c

1

4)4
814
24 54

*

common

5 V4 % preferred
3,350 Barnhart-Morrow 0;>ns

......

50

Dec.

Dec. 1
Bid

Par

Ask Bid

6214c 1214c
4
Sale
914
29

1

13c

25c

5,525 Berkey & Gay Furniture Oo.-l

35c

50c

480

~i",04d

For

1939

2,249 Assoc Gas & Electric A
165,501 Bandini Petroleum Co
451

12c

Wan-ants

"iVs

34,330 Bolsa Chlca Oil Corp A__--_10
B common
2,300
_-_-10

10,967 Broadway Dept Store com
6,500 Buckeye Union Oil com

50c

Highest
Sale Prices

Ask

414
814
30

5c

1

814 Dec. 20

75c

3

1

Jan.

11

614 Apr. 25
13

Jan.

26

13

5

35c

Dec.

18

Dec.

37c

18

134 Dec.

19

Dec.

9

50c

614

5

514

414 Dec. 28

4c

lc

4c

lc

Dec.

6

Dec.

2

30

33

Mar. 16

Mar. ^2

30c

Feb.

7

35c

July" 13

75c

Jan.

30

10-

Dec.

27

12c
Sale

38c

28

Mar. 31

7

12c

lc

1

414 Dec.

18c

35c

Jan.

334 Jan.

75c

334 Dec. 19
814 Dec. 20
2614 Dec. 20

Apr

10c

Apr.

17

2514 Apr.

1

17

54 Mar. 22

50c

Dec.

9

Dec.

9

514 Dec.
Dec.
lc

6

414 Sept. 13

6

lc

Dec.

50c

,

6

314 May 20
75c

Feb.

8

Jan.
Jan.

3c
2c

May

6

4

12
8

Common vot trust ctfs

1

lc

4c

lc

4c

lc

June 28

1

2c

10c

lc

10c

t2c

Dec.

28

*2c

Dec.

28

3c

Apr.

15

4

Oct.

31

1

lc

2c

lc

2c

lc

Dec.

15

lc

Dec.

15

lc

Oct.

13

3c

Apr.

6

1414
2034
1014

15)4
2134

1414

1514
2234
1114

Feb

6

*

84

85

vtc

Byron Jackson Co
California Packing Corp
Central Investment Corp

Chapman's Ice Cream Co
Chrysler Corp
Consolidated Oil Corp
Consolidated Steel com
Preferred

Creameries of America

*
100

714
6

*

page

66.

Sale

35c

Sale

370

1114
-

see

"75"

9%
1114

334 Farmers & Mercb Nat Bk.-100

52,132 General Motors Corp
10
*
2,738 General Paint common
220 General Telephone Corp
20
8,949 Gladding McBean & Co
*
17,963 Globe Grain A Milling Co
25
*
2,477 Golden State Co
20,970 Goodyear TAR Akron com._ *

634
Sale

74

25

2.50

Sale

1114
5%
6h

♦

8,769 fFitzsimmons Stores Ltd
300 General Metals Corp

12

22

10

9

Sale
6V4
8
1414
1554

5214
614
18

9

10

5

5H
614

6
7
3754

7h

37

8)4
23)4

8834
714
514
10)4
514
614
8134
914

392

1134
5314
714
19

514
Sale

9

2414

20

15

Dec.

20

13

22 h
12

Dec.

13

Dec.

14

Dec.

15
12

Dec.

30
9

7

Dec.

5

Dec.

1

514
1034
514
634
*7434
914
1014

Dec.

22

114
8714
734
614
1114

Dec.

8614 Dec.
714
534
1014
534

'8234
10*

Sale

9

10 14

49 14

6

Dec.

22 h Dec.
1014 Dec.

Dec.

6

15

Sale

1)4

*

5
*

t C—*

v

869 District Bond Go




Lowest
Sale Prices

50c

25c
-----

Sale

1

Highest
Sale Prices

514

6,287 Douglas Aircraft Corp
*
23,250 Electrical Products Corp-_-__4
14,684 Emsco Derr & Equip Co
5
1
73,708 Exeter Oil Co A

footnotes

734
2614

Lowest
Sale Prices

30

Preferred
Preferred

4,000
3,572

7,000
1,990
5,063
4,355
2,010
30,048
21,159
20,940
40,565
7,101

YEAR 1939

Price
Jan. 3

Shares

Shares

RANGE FOR

PRICES IN DECEMBER

LOS ANGELES
STOCK EXCHANGE

SALES
-

1938

1939

December

581,744
6,833,944

321,317

EXCHANGE

Bond Sales

1938

1939

Stock Sales

43 c

380
11

7

5414
534
1914
514
734
814
2234

Sale

392
Sale

35c

383
11

1

Dec.

21

Dec.

29

Dec.

26

IPs

5
1

Dec.

27

Dec.
Dec.

43c
1
29 383

Dec. 30

1

Dec.

6

Dec.

26

*8234 Dec. 30
1014 Dec. 21

Dec.

Dec.

Dec.

11J4 Dec.

1

Dec.

30

Dec.

29
8

1114 Dec.

8
55

5314 Dec. 12
634 Dec. 21

5434 Dec. 29
634 Dec. 21

434 Dec. 27
734 Dec. 27

514 Dec. 21
1
734 Dec.

2014
6
8

934
2314

233s Dec. 21

2434 Dec.

6

1234 Sept. 1
15
Apr.
6
1014 Oct.
6
90c
Apr. 19
61
Apr. 19
634 Aug. 21
314 Mar. 30
734 Mar. 30
314 Feb. 16
614 Mar. 14
6014 Apr. 27
814 Sept. 5
634 Apr. 10
35c

360

Dec.

Jan.

16

2814 Sept. 11
1714 Jan. 19
1.45 Nov.

92Oct.

1
26

934
814
1314
514
634
8434
1114

Sept
6
Sept. 11
Sept. 12
Dec.
6
Aug. 14
Nov. 8
Mar. 10

12

Nov.

8

1 6714c Jan. 20
Mar.
6

4 399

934 May 15 1334 Oct. 27
8
Nov.
4
6
May
6
3734 Apr.
8 5614 Oct. 26
5
814 Oct. 30
Sept. 6
* 1614 June 26 U.914 Nov. 29
934 Jan.
7
434 Dec. 27
9
5
Jan. 11
May
4
914 June 23
614 Apr. 10
2314 Sept. 1 3514 Mar. 8

Jan., 1940]

STOCK

ANGELES

LOS

65

EXCHANGE

AGGREGATE

200
50

345

3,100

"""575
4,100

4,518
9.769

1,385
200

13,760

"2"6oo

"4,506
2,000
400

3,205
"

l",490
40

"""972
420

225

1,775
340
75
131
,
'

s»*

565
200

1,925
~

74
10

2,659

"2"650
5,985
440

429

10,000
70

2,193
1,090
7,516
100

3,452
2,358
100

971

2,890
10,097

"""915
550

17,934
11,841
1,335

STOCKS

•
28,453 Hancock Oil Co A
136,780 Holly Development Co
.5
1,266 Holly Oil Co
300 Honolulu Oil Corp
....
*
....♦
2,011 Hudson Motor Car Co
6,349 Hupp Motor Car Co
9,26,* Intercoast Pet Corp
23,000 Jade Oil Co
3,013 jLane-Wells Co___
87,461 Lincoln Petroleum Corp
1
52,441 Lockheed Aircraft Corp
1
79,626 L A Industries Inc_.........2
.10
22,148 L A Investment Co
11,775 Mascot Oil Co
218,523 Menasco Mfg Co
4,500 Merchants Petroleum Co
8,000 Mid -Western Oil Co.........
12.045 Mt Diablo Oil Ming & Dev
........6
45,350 Nordon Conp
14,737 Occidental Pet Corp
35,187 Oceanic Oil Co
*
7,750 Pacific Clay Products
1
6,950 Pacific Distillers lnc
25,772 Pac Finance Corp common. .10
Preferred A
10
1,425
Preferred series O
10
1,343

18,247 Pac Gas & Elec Co com.....25
1st preferred 6%
25
7,804
5 k% 1st preferred
25
2,773
10
18,845 Pacific Indemnity Co
♦
14,750 Pac Lighting Corp com
940 Pacific Public Service
1,775 Pacific Public Ser 1st pref
1,790 Pacific Western Oil

*

*
10

1,607 Puget Sound Pulp & Timb Co
10
31,510 Republic Petr Co Ltd
.Pr eferrod
50
-940
1
60,610 Rice Ranch Oil Co.
*
92,954 Richfield Oil Corp common
Warrants
~T2;694
=

........

Roberts Public Markets

*

....

Ryan Aeronautical Co
1
Sateway Stores lnc
*
Security Co units
Shell Union Oil Corp
__25c
42,000 Sierra Trading Corp
*
12,512 Signal Oil-Gas A
2,393 Signal Petroleum Co of Calif. 1
*
10,493 Sontag Drug Stores
25
99,468 So Calif Edison Ltd com

1,128
45.046
39,204
1,393
17,518
99,463
77.764
5,719
13,808
3,825
204,448
128,931
13,399

....

....

Original preferred
6% preferred
5k% preferred
So Calif Gas 6% pref
So Calif Gas A 6% pref

25
25
25
25
25
100

Standard Oil of Calif

Sunray Oil Corp
1
Superior Oil Co common
25
Taylor Milling Corp
Transamerica Corp
......*
Union Oil of California
Universal Cons Oil Co

25
..10

""922
20

MINING STOCKS—
2.965 Alaska Juneau Gold M Co. 10c

12

1,200
48

7,000
3,000
4,000
1,620
10,000
38,752
10,000
430
290

969
986
252

1,133
110

1,335

293,100
165,200
81,350
5,895
141,000

425

196
105
105
18

136
220

1,504
445
102

4,100
310
100
120

1,054
480

592

155

708
420
823

635

1,000
500

3,189
1,572
418

287

1,088
45

371
50
823
300

3,976

""487
1,197
140

2,318
375

1

Imperial Development Co..25c
1

Anaconda

Copper Mining

50

Armour & Co (111)..
5
Atch Top & Santa Fe Ry„_100
Atlantic Refining Co
25

3

(Del).

Oil Co

(Del)
Corp

Electric Bond & Share
Electric Power & Light
General Electric Co

33k
2 k
3k
50c
5k
21c

03c
48c

10c
17c

1

20
2

42c

05c
60c

lc

Dec.

29

Sale

5c

Dec.

13

Sale

Ilk

9

6c

(5k Dec.
20 k Dec.
7 k Dec.
10k Dec.
2k Dec.

12

20 k Dec.
7k Dec.

11

21

10k

Sale

0VA
Sale

Sale

Sale

13 k
5c

8k

10

42 k

28k
27 J

Sale

Sale

30k
29 k

"34k

Sale
Sale

15 k
Sale

2

43

2k

2k
Sale

35 k

8

9

8k
6 k Sale
18 k Sale
15 k Sale
7k
8k

Safe
4k
17k
3k

lc

10c
3c

17k
51k
149

33k
5k
22k
8k

Sale

15k
Sale

4

Sale

2k
lkc
15c
5c

it*

J?

22k

Sale
3k

9
6

35

9k
Sale

16 k

Sale
15k Sale
8k
9k
5 k Sale

3H

Sale'

4k

5k
19
3k

16 k

2k
6 k

lie4

Sale

12kc

kc

lc

kc

7c

lk
kc
5c

2kc

Sale

lk
lkc
Sale

5c

6k
15c
lc

21

7

2k

Sale

33 k Dec.
8 k Dec.

35

Dec.

9

Dec.

5k Dec.
15k Dec.
15 k Dec.
o
8k Dec. 11
4k Dec.
5

6k
16k
15k
9k
5k

Dec.
Dec.
Dec.
Dec.
Dec.

(5

Dec.

Dec.

28k

2

k Dec. 20
(4k Dec. 19
Dec.

9

3 k Dec.

(6k Dec.

3

5

(6k Dec.

12c

23k
54k
9k
42k

53k
50

6

Dec.

2

lc
5c

3c

Dec.

12

2c

Dec.

23

Dec.
Dec.

30 k Dec.

3

..

29
31 k Dec
83 k Dec. 13
24k Dec. 29

29k

(4 k Dec.
(5 k Dec.

21
13

20
11

3k Dec. 22
(22k Dec. 27

23 k

10

Sale

Dec.

1

28k Dec. 27
7 k Dec. 29
(6k Dec. 18
39 k^Dec.
7
(455? Dec. 1

28 k
8

7k
38k
45k
20 k

^L9H Dec. 11
57 kc Dec.
35
Dec.
4
Dec.

14
12

13

37k Dec. 12
33 k Dec. 15

43k
54 k
50 k

54

Dec. 20

4

22k
Sale

2W

*

*

21k
72 k
13 k
21k

24 k
22 k

73 k
13 k
22 k

fig

wi
194

...*

6k

....25

51k

52 k

44k

7k

7k

8k

6

lk
Sale

Sale

5k
44k
Sale

1
19k

26

Jan.

24

13k Nov. 16
2c

Nov. 30

24k Apr.
6c

Dec.

6k Sept.
23

Jan.

8
8

7
25

36k Oct.
9
27k Sept. 22
25
Sept. 23
32

Jan.

29

Sept.

17

10 k Apr.

7
8

24 k Dec.

14

Jan.
Mar.

20

5
1

25k "21k

4

18 k Dec.

1

8

1

3
3

33

Sept. 22
13k Nov. 16
6c

6c

Dec.

3

5
8

10

May 12
29 k Dec. 30
45 k Aug.
3
30

Dec. 28
29 k Dec. 29

34 k Dec. 28
34 k June 21
21k Jan.
4
33 k Sept. 13
2 k Sept. 6
45 k Mar. 10

10k June
9
8
Sept. 13
19k Mar. 9
17 k July 25
9 k Aug.
7
5 k Dec.
4
8 k Sept. 1

28
2k Sept. 20

5
Jan.
4
4
Oct. 25
23 k Sept. 18
3 k Jan.
9

6 k Sept. 29
Dec.
1

10

Jan.

10

30c

Jan.

10

2k Apr.

18

4

25

Oct.

11c

Dec.

15

Dec.

26

Oct.

19

6c

Aug. 18
20c
Aug. 9
2 k Jan. 16

18

2c

14c

2c

June 28

4c

irA

Jan.

9

Aug. 16
Jan.

20

Jan.

4

Sept.14
Aug. 4
39k Sept. 5
8k Sept. 5

168

6
Dec.
5
Dec.
Dec. 21

23 k Dec. 21
24 k Oct.
9k Nov.

Dec. 18
Dec. 14
6

22
29

19

6

4
6

14

(55k Dec.

Jan.

32k Jan.

2kc Dec. 12

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

21

Dec.

12

3k Dec.

12k Dec. 22
33 k Nov.

5k Sept. 29
80
Sept. 6
52k Mar. 8

20

(4k Dec. 21
(6

Dec.

12
13

8k

$eb.

6

15 k Sept. 12
6
2k Feb.

4
lk Dec.
3 k Dec. 22
(23 k Dec. 18
7
10 k Dec.
28k Dec. 27
7 k Dec. 29
6
(7 k Dec.
39 k Dec.
7
(47 k Dec. 22
20 k Dec.
7
87kc Dec. 14
3854 Dec. 21
i»k
6
4k Dec.
38 k Dec. 21
33 k Dec. 15

54

4

83 k Dec. 13
24 k May 25

13
29
27

13 k Dec.

3k Dec. 22
26 k Feb. 14
13 k Nov. 4
31k Nov. 3
Jan. 19
Jan. 19
42 k Mar. 4

18

June 20
24 k Sept.13

45

Dec.

4

Jan.

6

9k Feb. 27
45 k Sept. 8

Wi

Dec. 20

Mar. 18
Oct.

26

4k* Dec. 26
19 k Dec. 14

4k Dec. 26
23 k Sept. 27

26

Dec.

28
21

(79 k Dec.
12
Dec.

8

Dec.

12k
31k
83 k
24k
4k
(71 k

Jan.

7 k Jan.
48k Aug.

3c

22k Dec.
6 k Dec.
3 k Dec.
(7 k Dec. 13
(7 k Dec.
(22
Dec. 20 (23k Dec.
(8
Dec, 19
(8k?Dec.
5 k Dec. 18
6k Dec.
lk Dec. 13
lk Dec.
1
24'
Dec.
22k Dec.
6 k Dec.
3 k Dec.

30c

1

Dec.

9

10k-Jan^
3 k Jan. 18

Dec.

(18

18

27

Nov. 25

2

Dec.

Dec.

3
10
15
2
24

14c

18

25 k Nov.

26

26 k Mar. 10

28
8

10k Sept.
4k Jan.
13 k Jan.

20
22

$

21
6
13

Dec. 30
2
12k Dec.

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

BB

July

Sept.
21k Mar.

1

15

50^

7

6

3

11

17k

12

18
5
3

Mar. 11
Jan. 17

(0

18
20

15
5

5

%

(85

18k
5k Dec. 21
5k
(43 k Dec. 13 (45 k
(11
Dec. 12 (Ilk
8 k Dec.
1
9 k
(2 k Dec. 15
(2 k
5
20k Dec.
20k

4

8k Mar. 8
2k Mar. 17
29
Sept. 21
22 k Oct. 26

13

19 k

J9k
Sale

*

18k

Dec. 27
17 k Dec. 27
25 k Dec.
6
22 k Dec. 26

Aug.
Sept.
Aug.
July
35
July
50
July
6 k June
22 k Aug.

kc

31k
5k
23 k
(21 k
4
7 k
6
3 k

19
22

12k Nov.
10k
34k
34 k
31k

6

5

6;

Feb. 16
12k Mar. 14

Dec.

4

5k Dec.

30c

30

k Dec. 27

23 k Dec. 27
(20k Dec. 20

7

Oct. 17
5
Sept. 1 10 k Mar.
7
Sept. 2 Ilk Sept. 14
3 k Jan.
July
7
6
June 15 38 k Dec. 14~~

10
Dec. 29
1 (51 k Dec. 19
18 (171
Dec. 21

13 k Dec.
1 k Dec.

5k
lk

Feb.

9k Dec. 28
(50

(167

9k

8

4 k Oct.

26

8c

18

*55k

2k

85c

11

15

21k
7k
3k

*

5

Dec.
Dec.

26

6k

50

4

14c
lc

Dec.

51

4k

20c

6

4k Dec.

15

Dec.

7k

39k
24k

19

13

8

26

4k Dec. 27

7r?

7k Jan.

Dec.

Nov.

4

Dec.

6
(71k Dec.
(54 k Dec. 27

It"

3

11c

35c

lk Apr. 11
Sept. 1
7k Apr.
3
5
Sept. 5
15k Aug. 28
12 k Apr.
8

kc Dec.

kc Dec.

Sale

Ilk
43 k

15
11

Jan.
Jan.
Jan.

13 k July

1 k

6k

22 k

Feb.

Jan.

10c

34

3k Dec.
(4k Dec. 19

6c

47

Sale
27k
Ilk

19

2k
lc
5c
2kc

2c

29

15k Dec. 13
2
25k Dec.

10c

kc
3kc

91

46

7

29 k Dec.

Dec.

(16k
12 k
28 k

Dec. 28

30

2

168 k 169 k
30 k
31k

5k

Dec.

6c

10

50

34k
6k

33

2k

2k

18k
150

Sale
Sale
lk
2

1
8

14k Dec.
24k Dec.

34
14 k

24 k

14

34 k Dec. 28
34 k Dec. 19

(5

4k

5kc Sale
lk

Sale

20

9k
10k
23 kc 25c
5c

44k Dec.
29 k Dec.
28k Dec.

4c

55c

3 k Jan.
9
4k Sept. 1
30k Mar. 22

7
29 k Dec. 30
44 k Dec. 15

34k Dec.

"32"

Sears Roebuck & Co




Sale
46

Dec.

7c

3M

31]
213

Dec.

1
6

1

1

2c

Dec.

Sept. 13

_6kApr.ll
lk July
1

6

60c

Nov.

6

Dec.

6c

Sale

6

Dec. 27
32
(12 k Dec. 26

Dec.

7k

Sale
43
29

Dec.

14

5k Dec.
48

(27 k Dec.

31

Seaboard Oil of Del

66.

2c

1

Ilk Dec. 14
2k Dec. 29

8

Dec.

46k Dec.
29k Dec.
(12k Dec.

25c

7k
2k
23 k

see page

5

50 k

25c

13

7k Dec.

Sale

Sale

13

Dec. .JL ..38 k Dec.
6 (20c
Dec.
Dec.
Dec.
9
7k Dec, 28

23c

25c
Sale

'

38
(20c

..Sale.

_

11

30

Ilk May 16
Apr. 28

4k Mar. 7
Apr.
5
5k Jan.
4
25c
Apr. 25

13

6

48 k Dec.
5 Ht Dec.

5

June 30

5
12

28
25

Sept. 20

35 k Dec.

2

16

14c

Jan.

5

21

5c

Jan.

36 k Feb. 24
2 k Jan.
7

5k
19k
7k
4k

30 k Dec.

34 k Dec.
48 k Dec.

Feb.

2k Jan.

24
11

43

30k Dec. 28

(12 k Dec.

7
41c

23
25

12

Dec. 30

Sale

22

28
15

33* Dec. 20

49

28

Apr.
Oct.
July
Aug.
Apr.
Jan.
June
Aug.
Apr.

21

12

30 k
35

32
29k

22k Jan. 23

9k Apr.
Ilk Apr.
9k Apr.
28
Apr.
29 k Sept.
26k Sept.
27k Jan.

Dec.

26

31k

24 k

lc

25c
12 k

23

6
7
8
18
18
8
16
16
26

4k Dec. 18

32 k Dec.
33 k Dec.

Sale

1

11
13

11

*

25

5c

7

5c

30k

Corp of America
Radio-Keith-Orpheum
*
Republic Steel Corp..........

5,918 Swift & Co

13

Dec.

28

*

Corp

Dec.

32 k
33 k

10k
29"

2k Sale
3k
3k
7 k Sale
28 k
29 k
28k
30
14k
15k

Pictures lnc

Superior Oil Corp (Del)...

5c

Ilk Dec. 26
(12

Sale
7k
21k
12k
5k
6k

19

29,211 Studebaker

29

22c

12
-----

Ohio Oil Co

Standard Oil Co (N J)
41 Stone & Webster Lnc

Dec.

lk

41c

25c

21k

15

lc

39c
25c

7k

40

lk
lk

6

1

3k

5c

2 k' Dec.

4k Dec.

35
18c

8k
18 k

20

50c

42 k May 11
1.40 Jan. 20
2k Jan. 12

5k July 18
Aug. 16
10c
Aug. 15

20

Dec.

10

4

8

Apr. 11
Aug. 24

75c

Dec.

Dec.

28k
31k
28k
27 k
43 k
6k
20k
Ilk

70c

Dec.

1

11c

*

......

Dec.

43c

1

Standard Brands lnc

8c

8
32k Dec.
2k Dec. 21

1

New York Central RR

Socony-Vacuum Oil Co
Southern Ry

1

Dec.
Dec.

1

Radio

4

11

39

50 Pure Oil Co.

Dec.

9k Dec. 28

6

8c

29k Dec.
2 k Dec.
3 k Dec.

Dec.

43

Pennsylvania RR Co

13

Dec.

North Amer Aviation lnc
North American Co

Paramount

Dec.

11c

*

Packard Motor Car Co

10c

40c

*

*

1

42c
2

"31k

I*

Dec.

18c

11

Goodrich (B F) Co

1

49c

Ilk

33

1.10 Dec.

(5k Dec. 18

22c

12k

11

Dec.

77 kc 80c

6k

Highest
Sale Prices

2c

34k
Sale
4
70c
Sale

30k
7k
27k
10k

5

l.fO

(5 k Dec. 21
1
Dec.
1
10c
Dec. 13

Ilk
lk

1
5
1

1 77kc Dec,
8

8k Dec.

7k

—

For footnotes

11c

*
_

6

Sale Prices
38
Dec.
4

6c

Ilk
lk

7,559 International Tel & Tel
*
11,302 Kennecott Copper Corp
*
6,567 Loew's lnc
*
15,415 Montgomery Ward & Co
500 Mountain City Copper Co._5c

47

10c

Corp..

155 Graham-Paige Motors Corp
8,913 International Nickel Co

19,648
1,645
70,992
2,869
9,494
14,044
6,723
12,137
7,102

40c

*

QJaSSA

7,154 General Foods Corp

44,702
62,733
12,947
3,471
9,804
5,779
371

36c
3c

,

22k Jan.

24
8k
2k

5k

10

Dec.

l.lODec.

21k
7k
lk

89

239 Cities Service Co

13,796

70c

1

*

...»

15,575 Columbia Gas & Elec Corp
5,233 Commercial Solvents
11,550 Commonwealth & Southern
445 Continental Motors Corp

Curtiss-Wright

36k Dec.

42
---

Lowest
Sale Prices

Highest

Sale Prices

3l"" "32"

5,575 Borg-Warner Corp
1,577 Canadian Pacific Ry
395 Case tJ I)
5,744 Caterpillar Tractor

Continental

k

90c

3k

5

200 Bethlehem Steel Corp

3,472
66,415
6,975
1,995
6,645
17,431

39

1.10

Lowest

Dec. 30

Ask

13
5

225 Barsndall Oil Co
17.235 Bendix Aviation

47

363

1

Cons Cbollar G & S Co...

Aviation Corp (Del)
150 Aviation & Transportation
536 Baldwin Loco Works vtc

41

1,864

10c

*
9,960 Amer Rad & Stand San
6,744 Am Smelting & Refg Co.....
100
21,636 American Tel & Tel Co

536

200

ColOc

Calumet Gold Mines Co
Cardinal Gold Mining Co

76.875 Zenda Gold Mining Co......1
UNLISTED STOCKS—

100

225
195

Black Mammoth Cons M

65.097 Tom Reed Gold Mines Co

39,676
8,846
1,133
1,715
27,734

Bid

28

Southern Pacific Co

Van de Kamps Bakeries...
*
2,079
1.50
7,773 Vega Airplane Co
3,176 Weber Showcase & Fix pref--*
.1
21,527 Wellington Oil Co
1
173 Western Air Express Corp
10
700 Western Pipe & Steel Co
4,307 Yosemite Portl Cement pref 10

353

7,773

Dec. 1

1939
Par

Shares

36,849
208,893
6,900
3,860
1,222

1939

Jan. 3

12 Months
December
1939

1,700

YEAR

Price

In

Shares
881

RANGE FOR

PRICES IN DECEMBER

LOS ANGELES
STOCK EXCHANGE

SALES

*1
Oct. 23
(0
M
24 k Sept. 11
10

66

LOS ANGELES
.

AGGREGATE
SALES

.

LOS ANGELES
STOCK EXCHANGE

PRICES IN DECEMBER

Shares
684
734
709

UNLISTED STOCKS
Par

Shares

9,404
5,069
7,804
8,262

455
637

Texas Oorp
25
Tide Water Assoc Oil Go—10
Union Carbide A Carbon—

*
*

5,306 United Corp (Dei)

575
1,761

27,510 U S Rubber Co
48,674 U S Steel Corp

2,850

19,155 Warner Bros Pictures

372

10

100
5

3,533 Westinghouse Elec & Mfg ,.50
100 Willys-Overland Motors Inc__l

100

1939
Bid

47%
13%
89%

Dec. 30

Dec. 1
Ask

47%
14%
90%

Bid

Ask

44%
10%
86%

44%

10%
87%

United Sir Lines Trans Corp__5

455 United Aircraft Corp

232

RANGE FOR

YEAH

1939

Price
Jan. 3

In

12 Months
December
1939

STOCK EXCHANGE

£

•No pax value.

t Listed May 3. 1939.

"39% ~40% "43" "43%
3
3%
51% Sale
67%
68%
6%
6%
117% 118%

2%
2%
37%
38%
65%
66%
3%
4
108% 109%

t Listed May 15. 1939.

Bg

Lowest

Ask

44%
44%
10%
10%
86%
87% 87% Dec.
14% Dec.
15%
16%
43% Dec.
46%
47
2% Dec.
2%
2%
39%
40% 38% Dec.
66% Dec.
66% Sale
3% Dec.
3%
3%
116% 117% *108% Dec.
1% Dec.
1%
1%
5 Removed 8eot

Cleveland Stock

Highest

8

Lowest

Highest

Sale Prices

Sale Prices
43
Dec. 12
10
Dec. 26

Sale Prices

Sale Prices

43% Dec.
10% Dec.
19 87% Dec.
21
15% Dec.
12 46% Dec.
28
2% Dec.
6 41% Dec.
Dec.
30 69
28
3% Dec.
4 *116%Dec.
.22
1% Dec.

21
4
19
28
22
13
15

35

13

43

6
28
22

33%
9%
71 %
14%
35

2%

3%
103%
1%

16 49
22 14%
25 90%
21 15%
3 48%
8
3%
17 51%
25 82%
28
6%
22 118
22
1%

Aug.
Aug.
Apr.
Dec.
Apr.
Apr.
May
Aug.
Dec.
Mar.
Dec.

13

Sept.
Sept.
Oct.
Dec.

11
25
28
Oct. 20
Feb.
6
Jan.
3
Sept. 12
Jan.
5
Oct.

5

Dec. 22

t Odd lots.

Exchange

MONTHLY AND YEARLY RECORD
RANGE OF PRICES ON
Stock Sales

December

Shares-

-

CLEVELAND
STOCK EXCHANGE-

In
12 Months
1939 ;
December
Shares
198
215

1,531
2,319
2,375
2,179
270

Air-Way El Appli 1st 7 % pf 100
Akron Brass Mfg common-.-.*
Amer Coach & Body
5
Apex Electric & Mfg_.

8

3

.

41

2,800

24,726
103,177
3,705
1,022
3,476
4,708

Cliffs Corp vtc

*

Cliffs Corp
5
Colonial Finance Co common-1

Commercial Bookbinding....*
Dow Chemical 5% pref
100
Eaton Mfg. Co. common
4

817 Elec Controller & Mfg
1,679 Faultless Rubber Co com....*

20

1,047
350

986 Fostoria Pressed Steel—....*
5,421 General Tire & Rubber com..5

110
5

240 General Tire preferred.....100
8,893 Goodrich (B.F.) Co.common *

309

9,245 Goodyear Tire & Rub com..-*
$5 conv cum preferred
*
62
235 Great Lakes Towing......100

323

""20

734

191

12*

Preferred..

Jan. 1 to Dec. 31

Ask
Sale
9

10

Dec.

Dec. 1

Bid

Ask Bid
12
8%

9%
8%

9%

5

6%

13%

12

1VA

80

100

*
Preferred
100
343
1
3,465 Clark Controller new
9,726 Cleveland Builders Realty
*
16,833 Cleveland Cliffs Iron pref.
421 Clev El IU $4.50 cum pref
♦
15,997 Cleveland Rys
..100

2,396

6

ilOO

12,537 City Ice & Fuel

259

730
178
45
280

Bid

144 Canfield OR common..

602

"9,785

Par

Preferred

82

89

_6%
50

10
73

Sale
85

16

20
3
61

2

57

107%
19

"2l"'

"12%

12
90

elH dH

14

12

17

116%

9%
114

24

25%

63
15%
3
23

70

17

5%
26

23

26

36%

39

29

29%
49%

53

2!*
19%
23%

20

21
50

17

n*

38%

51

39

40

280 McKay Machine.....—..._.*
....*
2,588 McKee (Arthur G) B.
6,140 Medusa Portland Cement....*
*
2,774 Metropolitan Paving Brick

75

1,522
648

63

"""148

1,284
2,311
1,614
1,394

400
165
170

185

"3,102
292

9l4

""307
1,025
845
300

3,770
291

20
376
240

.

7,961
3,726
5,225
2,438
50,358
4,888
6,673
510

6,340
2,410
1 210

10,235
20,329
1,850
3,233
5,060
1,705
4,165
7,110
67

20

45

318

Miller Wholesale Drug..
*
Monarch Machine Tool Co...*

5,669 Nestle LeMur "A"
379 Nineteen Hundred Corp A
1,336 Ohio Brass B_..........
140 Ohio Confections A

45

250
400
75

*

1
3,114 National Acme Co com
1,774 National Refining..........25
New common........_._.*
16,373
$6 prior preferred
*
3,061
Preferred
100
164
.——...._*
10,562 National Tile...

930
430

—.—...100

99% 103

lb "E

M

12%

16
32

15%

33
15

2%
60
25

17%

Otis Steel Co

Packer

*

Corp

20

15
5

1% Sale
%
1

*

11%

.»

13%
7%

25%

14%
9
13%
14
10%
12%
34% Sale
50

Sale"

5

6
12

<96

Dec. 28
Dec. 12

Dec.

Oct.

20
25

Dec.
Dec.

6
5

Dec.

15

16% Dec. 28
11% Dec. 15
7% Dec. 29

20% Dec.

12

8
116

30%
50
Sale

51

Dec.

17
66

46%

t\*

16

#
34

12%
15%
28%

16

16

li*

3% Sale

65*

Dec.
Dec.

17

1%
60
36
4

3

3

37
74

36

1%

J **

12%
18
35
Sale
2

1%

36

Sale

7%

8%

11%

5%
3%

1%
9%

5

...»
.100

62

1

12

13

46%

47

55%

55%

37

14%
4%
3%
5%
1%
10%

A*
15
5
4

65

Oct.

Jan.

z87
15

zl05

z24% Jan.

25
14
19

Dec. 29

z38% Jan.
zl09% Jan.
20

July

Jan.

4
3
5
10

8

40

Apr. 24

55

29

Apr. 27
Aug. 21
May 29

47

Dec.

13

15
40i

Jan.

24

Jan.

19

8

Dec.

8

Nov.
8
May 19 103:
Dec. 28
5% Sept. 12
Jan.

26

49

14
14
10
10

22% Mar.

23

12%
1%

Apr.
Apr.
July
Apr.
Oct.
Feb.
Oct.
Aug.

6
18

17% Oct. 24
39% July 29
18
Sept. 18
2% Jan. 13

60

Feb.

21

60

Dec. 28

17

Dec.

11

15

12% Dec. 27
3% Dec. 28

14

Dec.

15

12

16

11

Dec.

12

4% Dec.
6
12% Dec. 22

2%
9

14%
32% Dec. 18
13% Dec. 27
1% Dec. 19

34

Dec.

31

13

16% Dec. 15
1% Dec.
2

7 *39%
Dec.
5%
Dec. 30
5 25%
Dec.
Dec. 30 <11%

zl8% Apr.

Dec.
Dec.
Dec.
Dec.

3% Mar.

11

Dec.

1

14

Dec. 20

% Dec. 21
Dec. 22

Dec.

11

37

1

30

Dec.

7 *12% Dec.
Dec.
5
Dec. 15
9% Dec. 15
Dec. 14
Dec. 12 14
6 <14% Dec. 29
Dec.
Dec. 16
Dec. 29 37
4
Dec.
*9% Dec. 13

Dec.
Dec.

16
13

Dec.

6

Dec.

15

Dec.

1

Dec.

2

x

1% Dec. 20
10

Dec.

11

66

Dec.

1

1% Dec. 20

W*
66

z% Jan.

4

7

Dec. 28
Dec.
1

12%
12% <12% Dec. 12 <12% Dec. 18
Dec.
<45% Sale
*45% Dec. 30
7
86%
90

Nov. 24
Jan. 17
Dec. 20

1

7

30

Dec. 22

*21% Dec.

35% Dec. 16 35%
1 *31%
*29% Dec.
4
Dec. 29
4%
14% Dec. 15 14%
4% Dec. 29
5%
3% Dec. 22
3%

28

Dec. 22

1% Dec.

Jan.

17

6
11

Oct.
Oct.

2

2
9

6% Sept. 14
14

8 z40
5%
21
8 z29
11 zl2%
2 51
24 zl8%
4
5%
11 z5%

65

28

6

1%
11%

Oct.

Jan.

14
11
19

13

30

30%

Jan.

Dec.

1

35

4%
20
Sale
3%
6%
1%
10%

Jan.
Jan.

Dec.

Dec.

20% *20%
9%
13
11
11% <10%
9
10
9%
13
12%
14%
14
Sale
*13%
34%
35% 34%
8
9
*7%

30%

30

Sept. 13

Feb.
9
Jan. 31
4
Jan.
Sept. 13

Apr.
Apr.
Apr.

z21

zl4% Apr.
z6% Dec.
43
52
Sept.
z7% Aug.
15% *14% Dec. 28 <16% Dec. 13
4% Jan.
<2
Dec. 11
3% Dec. 22
2% Dec.
3%

Sale
74

June 10
Mar. 14
Nov. 18

Feb. 15
4
Sept. 28
Apr. 11 z27% Mar. 10

95
zl3

1

4

Feb. 27
July
6
May 23

55

20

12%
13%

7
6

2
zl5

65

30

22%
11%
12%
13%
14

Dec.

6 z7%
3 45
8 zl4*
z79
Jan.
5 z97^
15
June 26 20 k
1% June 28
2k
43
May 18 71b
*106% Sept.18 *115
15% Sept. 15 23%
12
Apr. 14 22%
13
Aug. 24 27
10
July 28 12
7% Dec. 29 13
114
Aug. 25 118
zl5% Apr. 11 z30
49
July 12 70
14
Apr. 19 19

47

13

15

10

Dec. 19
*29% Dec. 19
53
Dec.
7
17% Dec. 12
3% Dec. 28
*21% Dec. 30

17

z5% Sept.
Apr.
z9
Apr.

Dec.

8

55

15%

12%
10%

1

90

46% Dec. 22

14%

30
21

4

Mar. 10

11
13% Dec.
8
37
41
39% Dec. 29 40% Dec. 28
39%
Dec.
6 <102%Dec. 26 z96
102
103% *100
3
4
3% Dec. 13
2%
2% Dec. 28
Dec. 13
38
Dec. 29 45
33
37% 39
12

13%

33

6

13

13 116

*28% Dec. 11

11%

4

55

Dec.

Dec.

8% Dec. 19

94

16%

35%

52%

114

12

6

41

19

Sale

10

77

27
12

16% Dec. 29

13% July 21
9% Dec. 12

z9% Aug. 25 zl6% Oct.

Dec.

20

15

6

Dec.

tn*

4
4

June

4

*12% Dec. 30

20

~30~~

Warren Ref & Ohem com....2

Youngstown Sheet & Tube
*
5% % cum pref ser A....100

58
*112

10

Van Dorn Iron Wks Co com..*
Vlchek Tool
.—.—....*

White Motor

,

25

29

...

Weinberger Drug
W R I Corp prerl

16S%

18
.

2%

24

Richman Bros..............*
Seiberling Rubber Co com-..*
Seiberling Rubber pref.......*
Stouffer Corp—
Class A $2.25 cum pref
*
Thompson Products Inc com.*
Troxel Mfg...
1
Union Metals Mfg Co
....*
Upson-Walton.............. 1

115

Dec.

Highest
Sale Prices

6% Apr.
6% Apr.

19

15% Dec. 27
1% Dec. 19

36% <33%
Sale
4%
25% 27% 25%
<10%
10% Sale

Sale

29%

...........*

60

31
5

27
75

*

Patterson-Sargent
.»
Reliance Elec & Eng com..-.5

E

2%
75
31

58*
14%
1%

*

common

17
Sale
19

418

"46"

llH WA
11H 15%

Murray Ohio Mfg
......*
240 Myers (F E) & Bros Co com..*

1,626
25
158

Preferred
Midland Steel.

£5% Dec.
*94

97

50

12

...........*

4

8

x

12

Sale
57

50
40

Leland Electric

89

Dec.
12% Dec.
Dec.
90

*6% Dec.

95

90

20

499

Dec. 20

6% Dec. 29
12% Dec. 28

16% Dec. 30
3% Dec. 28
22
f21% Sale" <21% Dec. 28
x
102% 107
19
20%
19% <19% Dec. 28 <20% Dec.
22 £
24
23% *22% Dec. 27 *24% Dec.
18%
5%

33

....
*
Kelly IslandL&T
*
Lamson Sessions............*

11%
7%
114

116

it*

16

100

Jaeger Machine..

8

8
13

16% Sale
1%
2%
59%
63%

19

Sale

19%
10
12

13

3,909
8,980
17,053
2,061

9

Sale Prices
9% Dec. 14
9% Dec. 12

21% Sale

27%

1,755
1,215

9%

Dec.

Lowest
Sale Prices

Highest

Sale Prices
8
Dec, 19

Ask

*12% Sale" fll% Dec.

112
111% 115
17
18%
19%

721 Halle Brothers.............5
Preferred
..........50
2,297
786 Hanna (M A) $5 pref
*
*
1,840 Harbauer
........*
5,987 Interlake SS..
.....

rangmjeprneah,!^

Lowest

30.

6%

94

94
18

15

1938

_

59

1,051 Greif Bros Cooperage—.-*

...

6%

6%

A*

123

750
695
84

8

87

100

408
77

1939

Bond Sales

December

65,509
408,371

PRICES IN DECEMBER

10,811 Brewing Corp of America

320
7
823
135

1938

Price
Jan. 3
1939

STOCKS

Shares

85
295
46

THE CLEVELAND STOCK EXCHANGE

■■■

48,948
503,450

Jan. 1 to Dec.
AGGREGATE
SALES

'

1939

Jan.

Feb.
Dec.

Sept.

7

21
19

5

Oct.

28

Oct.

26

Jan.

9

Sept. 27
Jan.
5
Jan.
5
48
Feb.
7
75
Jan.* 3
2% Mar. 14
1% Oct. 14
30% Mar. 31

zl5% Sept. 2 26
13
Apr. 25 16
z7% Apr. 10 zl6
7
Apr.
4 10
12
Apr.
5 14%
z9% June 27 zl6
30
Feb. 17 38%
z4% Jan. 27 zlO
50
Jan.
3\ 91

Sept.16
July 17
Jan. 23
Sept. 27
Aug.
9

34
zl7

Nov. 13
Nov. 4

Jan.

35]
z33]

Apr.
2% May
10% Feb.
3
July
2
Aug.
4% Mar.
% July
9
Sept.
60
Apr.
z7
Apr.
z30
Apr.
z74
May

Jan.
6
June 20

Oct.

20

Apr. 22

Oct. 20
Dec. 15

Sept. 12
Nov.

k

4

Sept. 18
Oct.
Jan.

70
Sept.
zl5% Oct.
z56% Sept.
z92
Sept.

25

17

16
26

12
30

UNLISTED
60
238
5
21
248

270
120
40
350
196

50

Addressog-Multigraph

com. 10

1
1,663 American Home Products
5 Cleve Graphite Bronze com.-l

21 Firestone Tire & Rub
248 General Electric com
Glidden Co common

270
120
40
350

com

10
*
*

Industrial Rayon com. ...__.*
Interlake Iron common.'
*
Central RR com
*

m

N Y

196 Ohio Oil common...

—J

334
10
448

180

*

334 Republic Steel common

180 Youngstown Steel Door com.

* Reflects

10 Timken Roller Bearing com.
448 U S Steel common

*

prices in primary markets on which odd lot sales were based,




<17% Dec. 19 <18% Dec. 19 zl5%
Dec. 30 z41%
*57% Dec. 26 <60
*36
Dec. 29 <36
Dec. 29 z20%
<20% Sale
*20% Dec. 30 *21% Dec. 23 zl7%
40%
40% <39% Dec. 18 <40% Dec. 22 z31
Sale
<37
<16
Dec. 28 *17% Dec. 22 zl4
Sale
<27% Dec. 30 *28% Dec. 20 zl6%
Sale
*11% Dec. 28 <11% Dec. 30
z7%
18
*18
Dec. 21 <18% Dec. 18 zll%
z6
<6% Dec. 27
<6% Dec. 18
<22
23
Dec. 27 *23% Dec. 18 zl2%
22%
Dec. 28 *49
Dec. 28 z34%
50% 50% <48
Sale
*65
*66*
Dec. 27 *67% Dec. 20 z4l%
268Dec, 27 <26
Dec. 23 zl7
27% *25
18
<17%
Sale
*60
35% 36

z

Reflects range of prices in primary markets,

x

Sept.

8

Apr. 11
Apr.
Apr.
Apr.
Sept.
Apr.
Aug.
Sept.
Aug.
Apr.
Apr.
Aug.
Apr.

&X

z60

11 z39

Jan.
5
Dec. 30
Oct. 25

10 z25% Sept. 12
5
11 z44% Jan.
5
1 zl4% Jan.
10 z29% Jan. 16
24 zl6% Sept. 12
1 z23% Sept.27

14 zl0% Sept. 5
10 z48% Sept. 12
3
11 z54% Jan.

24 z82% Sept. 12
8 a&4
Sept. 27

No print sales only.

I

In the earlier part of this
he country,

General

publication complete records of

for the latest month and for the calendar

Quotations

only those dealt in

combine in

we

the dealings
date,

to

year

m m

m.m

_—————

_—_

Railroad Stocks..

85

Real Estate Bonds.

92

Real Estate Trust and Land Stocks

85

94

Textile Stocks

85

73

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

Municipal Bonds—Domestic
Canadian

81

....

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

Public

Utility Bonds

..............100

Public

Utility Stocks

......

Investing Companies Securities.......... 72
Quotations for all securities

are as near as

P**,#

84

85

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

an

quoted:

Mining Stocks..

93

Industrial Bonds

not

The following is

Page

92

Foreign Government Bonds..............

Insurance Stocks.......

In this department of

Joint Stock Laml Bank Securities........

'84

—

Federal Land Bank Bonds................

Industrial Stocks

the leading stock exchanges of

furnished.

the exchanges, but also leading unlisted and inactive securities.

on

Page

—l&xclmnge Seats.

on

comprehensive whole, securities of all classes and descriptions,

one

index to the different classes of securities

■

are

Railroad Bonds

possible for the

71

—————————

...............101

......

......

78

Title Guarantee and Safe Deposit Stocks. 85
United States Government Securities..
95

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

67

United States Territorial Bonds

,

...

93

...

closing day of the month preceding the date of issue.

Tbe letter "f" prefixed to bond prices denotes that the quotation is a flat price—that is, that the accrued interest forms
part of the price, and
purchaser does not have to provide for it separately In making payment. In the case of income bonds and bonds in default, the price is

therefore the

always "flat," and

no

designating mark is employed to Indicate the fact.

Quotations for equipment bonds

are

Quotations for guaranteed stocks

are

It should be borne In mind in the
cases the

figures

are

obtained from

based

on

*

average maturities.

"and dividend" that is the accrued dividend must be paid In addition to the price.

use

sources

of these tables that the quotations for many inactive and unlisted securities

which

are

merely nominal, but In all

considered reliable.

are

The following abbreviations are often used, vis.: "M" for mortgage, "g" for

gold, "gu" for guaranteed, "end" for endorsed, "cons" for consoli¬

dated "conv" for convertible, "s f" for sinking fund, "1 g" lor land grant, "opt" for optional.
The black-faced 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

Bonds

Bid

RAILROAD BONDS
Aberdeen AAsheboro 1st 6s'40J&J f
25
Adirondack 1st 434s 1942 gu MAS
77
Akron A Barb Belt g 4s 1942. JAD
100
Akron Canton A Youngs town—
Gen A ref 6s 1945 series A. AAO /
38
Gen A ref 5He 1945 ser B.AAO f
3734
Alabama Great Southern—
1st cons g 5s 1943 ser
1st cons 4s 1943 ser B

A—JAD

Ask

July 1948--AAO
July 1948—AAO

67315

69

39"

Certificates of deposit..
5-year sec notes 434s 1939-FAA
Certificates of deposit

6834
5034
5034
2834
2834
2834
2934
2834
2834
2834

6854
5134
5134

Ati A Blrm.

Ref A gen 5s series A 1995. JAD
Certificates of deposit..

10734
11
1

85"
7824
70

4224
10634

6734

9524

10634

4s stamped 1951
Pis cat Dlv g 5s Jan 1943. A AO
Van Bur Ext 6s g Jan '43.AAO

90 34

8534

95"

%%%
11*
94
96

10234

10234

109

111

10724
1.75

10834
10034
1.20%

25

35

100

JAJ

92

9534
9934

Battle Or A Sturgls gu 3s '89. J AD
Bay City A Battle Creek—
3s 1989
JAD
Bedford Belt 1st 5s 1938
JAJ /
Beech Crk Ext 3 >4* 1951
AAO
Belt By of Chatt 1st 5s '45—JAJ
Belvldere Del cons 334s 1943-JAJ
Bessemer A Lake Erie—

Equip tr 234s 1940-1947—MAS
Big Sandy By 1st g 4s 1944.-JAD
Birmingham Southern—
Equip trust 334s Dec. 1 1940-46
Blrm Term 1st
g 4s 1957 gu.MAS
Bluff Point Land A Imp 1st 4s '40

29

29
30

2934
2934
2934
30

1734
5734

2934
1834
1734
61H

r

46
43 34

5234

54

3.50

2.50%
2.50%
2.50%

3.50

3.50

101

10034

115

MAS

97

Atlantic City 1st 4s 1951—JAJ
1st 5s ext May 11954
MAN
Atlantic Coast Line RB—
1st cons 4s July 1 1952—MAS
Gen unlfser A 434b 1964—JAD

70

74"

76
75

6034

10-yr coll tr 5s May 1 '45.MAN

74
64
2.00
2.00

Lou A Nashv 4s Oct 1 '52.MAN
b
Equipment trust 4Hs——
Eq 4 Ha 1940-41 E (yr)—FAA b
Eq tr 2^s 1940-52
AAO b
Atlantic Coast Line (Conn)—

2.50

76 N
61
76

6434

1.50%
1.50%
2.00%

8434

90""

36

°on 8 434s

1957

guar

J&J
F&A
F&A
J&J
.M&N
F&A

234s 1946

3s guaranteed 1944

1.75

1.25%
11034

2.50
83

1.50%
8534

99

15-year gtd 1952
13-year guar 1950-—..J&D
3s 16-year guar 1950
J&D
3s 15-year gtd 1953
F&A
3s 15-year gtd 1959
J&J
434s guaranteed 1951
M&S
434s guaranteed 1956
F&A
434s guaranteed 1957
J&J
434s guaranteed 1955.
.J&D
5s 15-yr. guaranteed 1954-F&A

53

69
45

70&

45

49

44

1st mtge 5s ser II1955
M&N
1st mtge 4 Ha ser J J1961
AAO
5s series AA 1944——AAO
5s series DD 1945—.....JAD

44

it*

4354

44

44

5s series FF 1947
5s series Q

43 34

4434
44J4
4434

43 54

5s guaranteed July 1
5s gtd Oct 1 1969

5s

guaranteed

1970

Canadian Nor deb 634s '46--J&J
Canadian N W 4 34» Oct 22 1943
Canadian Pacific Ry—

234s coll trust 1941
3s serial coll tr 1940-41

5s series W 1942.........AAO

60

6134

5s series Z 1943

86

Mtgs 434b 1944
Mtge 4sl942
Mge 3s 1950

4434
4434
4434
4434

4s cons

33

JAJ

80

JAJ

4234
41

Equip trust 5s 1944-—
434s 1940-1945
b Basis.

f This price Includes




accrued Interest.

k Last sale.

n

Nominal.

r

J&J

Payable in Canadian funds.

91

10534
10734
10734

10634
10734

3.25
3.25

2.50%
2.50%
2.50%
%
%
11324

3.25

3.25
3.25

11234

108

r

J&D

M&S
J&J
J&D

99

65"

61

J&J

434s secured ctfs 1944
J&D
434s coll trust 1946--.—.M&S
434s coll trust 1960
J&J
5s coll trust 1954
6s conv coll trust 1942

10534

89

6534

3724
3034

FAA

104

105

67

4s

JAJ

9524

9324

65

45

44

95

6334

45

M&N

10334
10324

98
102

63

4434
4434
43 34
4334
4334

coll trust 1949
deb (perpetual)

85

100%
10034
10024

97
98

conv

conv

'

A&O
F&A

99
40

3s

100"
1.50%
8034

10034
9934
9934
9734
10234
9534
9634
9634
9434
9334
103

Equipment trusts—
434s series J 1940-42...MAN
5s series K 1940-1944..M&N
434s series L 1940-1945.J&D
234sseries O 1940-1947-F&A
2 34s July 11940-1949

coll trust 1945
A&O
334s conv coll trust 1951--F&A

101

53/4
634

10334

1969 J&J
A&O
F&A

49

Atl A Danvlll>- 1st 4s 1948
JAJ
2d g 4s 1948
JAJ
Atlantic A Yadkin gu 4s '40.AAO
Aug Term 1st gu g 6s 1947—AAO
Austin A Northwestern—

r

—

5134

70
'

103

r

3s

109

!§8

__

48

95

3834

1st 4s Dec 30 1963
JAJ
65
Burl Cedar Rapids A North—
Con 1st A coll tr 5s g *34—A&O
534
f
Certificates of deposit
5
Cambria & CI'field 5s g '41. J&J
103
Gen M g 4s 1955
F&A
99
Cambria A Indiana BR—

73

88

72

3734.

...

M&N

JAD
Atlantic Coast Line of 8 O—
Gen 1st g 4s July 1948
JAJ

88

69

Corp—

5s series R 1940...
M&N
5s series T 1941. ........MAS
6s series U 1941........MAN
5s series V 1942
MAS

Irred ctfs of indebt 5s

84

MAN

Certificates of deposit
Buff A Susquehanna RB

3s

MAS

...JAJ

34

4s1950
j&J
Buffalo Creek 1st 5s 1941....JAJ
1st ref 5s 1961
—.JAJ
Buffalo Rochester A Pittsburgh—

7-year

84

—

35"

52

102

18

134

3334

39

65

Boston A Maine BR—
1st mtge 5s ser AO 1967.

14

JAJ

334s 1947—F&A

2s guaranteed 1942
2s guaranteed 1943
Guar 7-year 2 34s 1944

45"

35

81

434s Impt 1978*
FAA
1st mtge 4 He ser A 1943—AAO
334s Jan 1 1951
—JAJ
Ref 334s 1952 gu N Y O—AAO

80

7834
8334

93

9

834

Bost A Prov deb 5s
July 1 1938
Boston Rev Beach A Lynn—
1st m 434s Juy 15 1947—J&J15

72
95

9334

6334

JAD

FA A

6s ext to Jan 15 1947
Boston Term Co

2.50%
3.00%
2.50%
2.50%

3.50

MAN

2.00

20

Albany 5s Oct '63—JAJ

3.50

Equip trust 2 24s 1940-47.. A&O

Boonvllle St L A Sou 5s '51.FAA /
5s June 1942

6a 1940-1944

„

Boston ANY Air Line—
1st mtge gu g 4s 1955

Ask

4.00
3.50

Canada Atl By 1st 4s 1955..JAJ
Canada South 5s 1962 ser A.AAO
Canadian National Rys—

Boston A

JAD

Bid

71

...

_

10524

lot M 5s 1944 ser B
JAJ
Atlanta Knoxville A Northern—

1st mtge gtd g 5s 1941

Certificates of deposit
S'west Dlv 1st mtge 5s *50.JAJ
Certificates of deposit...
Tol Oinn Dlv ref 4s A '59-JAJ

95
92

69

Certificates of deposit:
Convertible 434s, I960—FAA
Certificates of deposit..
P L EAWVa Sys ref 4s'41 MAN

2.00%
4924

Atlanta A Charlotte Air Line—

1st mtge gold 5s 1946
1st cons 4s Mar 1 2002

Bef A gen 6s ser O 1995—JAD
Certificates of deposit
Bef A gen 5s ser £> 2000..MAS
Certificates of deposit
Ref A gen 5s ser F 1996--MAS

49

See Seab'd Air Line

1st M 4H*> 1944 ser A

mtge g 4s,
1st mtge g 5s,

Eq tr 434s ser D 1940-41._JAJ
Eq tr 434s ser E1940-42— AAO
Eq tr 434s ser F 1940-44.-MAN
Bangor A Aroostook—
1st M 5s g Jan 1 1943..
JAJ
Cons refund g 4s 1951
JAJ

3.00

Bonds
Boston A Maine BR (Cont)—
Equipment trusts—
334s 1940-1944
JAD
4s June 1 A Dec 1 1940-49...
4348 1940-1943
AAO

1st

American Refrlg Transit—

Equip 5s ser P, G A H, *41-*45 b
Ann Arbor 1st g >s 1995
Q-J
Ark A Mem By Br ldge A Term—

Ask

78

Baltimore A Ohio—

_

1st M 5s 1964
MAS
Aroostook Nor 5s g 1947
AAO
Atchison Topeka A Santa Fe—
Gen mtge gold 4a 1995
AAO
Adjustment 4s July 1 1995 Nov
Stamped
MAN
Conv g 4s of '09 due 1955. AD
Conv g 4s *05 due 1955—JAD
Conv g 4s of *10 due 1960. JAD
Conv deb 434 s 1948—...JAD
Trans S L 1st g 4s 1958
JA
Cal-Ariz 1stAref4 34s'62 opMAS
Rocky Mt Dlv 4s 1965— AJ
Eq tr 234s 1940-1949
M&N b
Athens Term By 1st g 5s '37-.JAJ

Bid

81"

109

107
JAD
Alabama Tennessee A Northern—
Prior lien 6s 1948
JAJ /
10
Gen income 6s Oct 1948...JAJ /
34
Alabama A Vicksburg By—
1st M g 5s 1974 serieb A..MAN
7934
83
Albany A Susq 334s g 1946—AAO
Alleghany Corp—
Coll tr conv 5s 1944—
FAA
7724
Coll A conv 5s 1949—.—.JAD
6834
5s stamped 1950
AAO f
Al*
106
Allegheny Valgen 4s 1942—MAS
Allegheny A Western—
1st mtge guar 4s 1998
AAO
5934

Bonds

Augusta Union Sta 4s 1953..JAJ

defaulted bonds

70

8034
7134
8034
7834
107
3.20

72

81

7124
8034
80

10734
2.50%

RAILBOAJD

68

BONDS

NOTICE—All bond price* 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

15

49%
103%
25

20

ist 4s 1948
J&D
Central of Georgia—
'
1st M g 6s Nov 1 1945—-F&A f

10%

8%

33

31

Cons gold 58 1945——f
Ref & gen 5%s 1959 ser B.A&O
Ref & gen 5s 1959 ser O—A&O

7%
3%

6%
5%
6%
5%
2%
99%

7

6%
2%
100%

67

Chic St Paul Minn & Omaha

3.25

2.25

T1940-1952——J&J

4.50

3.50%

„

1947—J&J
1946
J&J

1st & ref g 5s Dec 1 '60 opt

J&D

60

M&S

51

44%

44%
18

-J&J

17%
14%

(yr)—F&A

2.50

Gen M 4s 1987

Eq tr 4%s 1940-'41

A&O
J&J
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
4s 1944
1st M 4s series D 1963.

Guar

,

17%

F&A
11954—A&O
1960
F&A
loan 4s 46--—M&S
1949

IV*
67

1st g guar 4s Oct

Consol gold 5s 1952
M&N
Cincinnati Hamilton & Dayton—
General 5s gold 1942
J&D

51

50%

..

88%

1st & ref M 4%s D 1962—M&S
Choc & Memph 5s 1949
J&J
Choctaw Oklahoma & Gulf—

1.50%

,

„

106%
106%
106%
101%

39

11*

53

5s stamped

57 %

1st ref 6s 1940-1976.-—
Central-VermontRy—>

3.50

94

.

105

-——J&J
J&J
—J&J
J&J

101

General 4s gold 1993
Gen M 5s ser B 1993

102%

Ref &

notes, 1942

1943
notes, 1944
notes, 1945

notes,

notes.

Equipment trusts—
4%s series W 1940
4%s 1940-1945

_

103%
104%
104%
1.00

J&D

1.65

0.50%
1.00%
1.00%

2%s 1945-1949
2s 1940-1947
M&S
Craig Valley 1st 5s g 1940.J&J

1.75

1.25-

1.65

111 h

Chester! & Lancaster 5s '55--F&A

gtd 1942—J&J
gtd 1942._A&0
Ser B 3%s gen gtd 1942—A&O
Ser O 3%s gen gtd 1948—M&N
Ser D 3%s gen gtd 1950.-F&A
Gen & rer 4%s 1977 ser A.F&A
Gen & ref 4%s 1981 ser B..J&J
Cleve Short Line4%s 1961—A&O
Cleveland Terminal & Valley—
1st 4s gold guar 1995
M&N

2%

107
109

118
110

103 %
103

Chicago & Alton RR—
Refunding g 3s 1949
A&O / 15%
Chicago Burlington & Qulncy—
Gen M 4s 1958
M&S
89 %
1st & ref 4%s ser B 1977—F&A
1st & ref g 5s 1971 ser A..F&A
84r
Illinois Div 3 **s '49 op *29.J&J
95%
4s July 1 1949....
J&J
100
1.85
Eq tr 2 %s 1940-1947
A&O
Chicago & Eastern 111 (new co)—
Gen M 5s May 1951
M&N
19
Certificates of deposit.
17%
Chicago & Eastern Illinois—
1st consol 6s gold 1934—A&O
117
Chicago & Erie 5s 1st g '82..M&N
83 %
Chief Great West 1st 4s 1959.M&S
23%
Equip tr 4%s "A" 1945—A&O
3.50
Chicago & Illinois Midland Ry 1st mtge s t 4%s ser A '56 M&S
104%
Chicago Indiana & Southern Ry—
Con mtge g 4s 1956 guar—J&J
58%
Chicago Indianap & Louisville—
Ref M g 6s 1947 series A—J&J
Ref M g 5s 1947 series B—J&J
Ref M g 4s 194t series O...J&J
13
1st & gen 5s 1966 series A .M&N
7
1st & gen 6s May '66 ser B.J&J
6%
3.50
Equip tr ser E 1940-1944.A&O

Olinchfield

—

/

Chic Indianapolis & St Louis—
Short Line 1st 4s 1953
A&O
Chic June RR 1st 4s 1945—M&S
Chic June Ry & Un Stk Y tls—
Coll tr ref 5s 1940—
A&O
Coll trust ref 4s 1940
A&O

Chicago Lake Shore & Eastern—
1st M 4%s 1969 opt 1919.J&D
Chic Memp & Gulf 5s 1940. _J&J
Chic Milw & Gary 1st 5s *48. A&O

12

1*

60-yr 5s 1975 series A
-F&A /
Conv adj 5s Jan 2000
A&O
Chicago Milwaukee & St Paul—
Gen g 4s A May 1 1989
J&J
Gen g 3%s B May 1 1989.J&J
Gen 4%s May '89 series C.J&J
Gen 4%s May '89 ser E
J&J
Gen M 4%s May *89 Ser F. J&J
Equip trust 3%s 1940-'53A&0
Eq 4%s '40-'43 E & F (yr)_J&J
Eq 4Kb *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 lnc tax..
Gen M 5s '87 stpd inc tax.M&N
GenM4%s'87 stpd lnc taxM&N
GenM4%s'87 stpd InctaxM&N
15-year 6%s Mar 1936
M&S
1st & ref 5s May 2037
J&D
1st & ref 4Kb May 2037—J&D
1st & ref 4Ha May 2037 O J&D
Conv g 4ns 1949 ser A...M&N
Equipment trusts—
4%s series U 1940-43.-M&N
4Kb series V 1940-44—F&A

100%
100%

lW*
28

1st & ref gold 4s

64%

67%
85

53%
46%
62

53%
51%
64

100

95%

106%

100"

107%

105%

102%
!04%

84%

114

7%
2%

22

25%
25%
26

7%
2%
24%
22%
25%

88%
81%
73%

89%
82%

2.25
105

74

16

34%

5.00
5.00

13%
13%

13%
14%

II*

im

14%
16%
8%
8%
8%
3%

39

3.50
3.50
3.50
3.50

2.50

Gen M 5s 1973 ser O
Gen 4%s 1976 series D
Gen 4%s 1977 series E

41

P
3^

4l"

16%

11

45

45

25

104%
102
an

^

45
^

IV*
33

Eq tr 4%s 1940.

Greenbrier Cheat & Elk—
1st 5s 1944

J&D
J&J

W Va Midland Ext 5s '54.J&J

Greenbr Ry 1st g gu 4s '40.M&N
Green Bay & Western—

94%
92

100%
105%

Guantanamo & Western—
1st M 6s 1958 series A
Gulf Mobile & Northern—

61%

1st 5%s 1950 ser B
1st 5s 1950 series O

3.25

9%
10%

107
79

3.50

2.50%

78

105%
98%
89%
80%
80

102%
90%
72%
1.85

105%

99%
91
82

82%

103%
91

l?of

1.00
b

0.50%

1.00

0.50%

91

95

82

85

102
64
9

8

J&J

47

50

A&O

67

89

A&O

81%

Equip tr 2%s 1940-1946—J&D
Gulf & Ship Island BR—
1st ref & term g 5s Feb '52. J&J
Stmpd (July 1 1933 cpn on).

2%
2%

89%
93%
103

77%

58

Debenture ctfs A Feb
Debenture ctfs B Feb

13

98%
95%

104

Cen tral

88

Eq tr 2s 1940-1947
M&S
Eq tr 4%s" 1940 D(yr).... J&J
Western Fruit Express—

11

46

20%

J&J
J&J

Gen mtge 4s ser G 1946

30

16

43

Gen mtge 4s ser H 1946
J&J
Gen mtge 3%s ser 1 1967—J&J

42%
31%

15%

113

J&J

115
11

•

103*

14%
8%

J&J

105%

36

2%
9%

51

Gen 4s 1962 Can Govt gu..J&J
Grand Trunk Western—
1st g gu 4s $ July 1 1950...J&J

83

90

2.25

1.75%

95

90%

Gulf Terminal of Mobile—

68
1st mtge g 4s 1957 gu
J&J
.71J*
Harlem R & Portch—See NYN H & Ha rtford
Harris Ports Mt Joy & Lane RR
108
Ext 4s 1943
J&J
46
50
Hoboken Ferry 5s 1946
M&N

6
4.00
4.00

64

95

Hocking Valley 4%s 1999
J&J
Holidaysburg Bedford & Oumb
1st M g 4s 1951 guar
...J&J
Holyoke & West 4%s 1951—A&O

54%

Housatonic

22%

35

119

97

Hudson & Manhattan—

M&N

1961

Eq tr 2%s

J&J

1964

M&N

1940-1947

Detroit & Toledo Shore Line—
1st gold guar 4s 1953
J&J
Dext & Piscataquis

2.50%
2.50%
2.50%
2.50%
2.00%

10^

(Mountain and/Prairie)4s 1955
(Lake Superior) 4s 1955
1st 4s Feb 15 *42 Alb gu.-M&N

92

16%
4%
28%
37%

3%.

2%

J&J

J&J
Grand River Valley—See Michig
Grand Trunk Pacific—
1st M 3s 1962
J&J

40

1st 5s Mar 1

9%
3%

2

Great Northern—
1st & ref g 4%s '61 opt *41.J&J
Gen M 5%s 1952 ser B
J&J

111%

4 %s '49.-J&J

Duluth Mlssabe & Iron

98

100

101%
2.10

105
64

106%

1st gold 5s 1937
-J&J
Dutchess Co RR 4%s 1940
J&D
East Penn 1st 4s 1958
M&S
East Tenn & Western N O-—

IV*
78

k Last sale,

n

1.60%

Nominal,

r

5s 1937

M&N

F&A
Adj inc up to 5% Feb '57.A&O
1st M 4%s 1957 conv
F&A
Huntington & Broad Top Mt
RR & Coal extend 6s 1940 A&O
Extended 5s 1940—......A&O

107%

1st

gold 4s 1951
1st gold 3%s 1951
1st extended g

J&J
J&J

3%s 1951--A&O

1st g 3s sterling

101

17

47%

43

45%

12%

Wi

47

%

Illinois Central—

69"

Range—

1st mortgage 3 %s 1962—A&O
Duluth South Shore & Atlantic—

1st extended 5s 1965.....M&N

con

1st gold 5s 1957 opt

Detroit Toledo & Ironton—

17%
9%

....

2nd ext 6s 1979
—-M&N
Gouvernour & Oswegatchie—
1st 5s 1942...
J&D
Grand Rapids & Indiana—

3%
49%

1st guar 4%s

15

/
—_

100%

2nd Mort. gold 4s 1995—J&D
Detroit Terminal & Tunnel—*

4.25%
4.25%
4.25%

X__25

Eq tr 5s Dec 14 1940-'43 (yr)-_
Grays Pt Term g 5s 1947
J&D

110

28

8%
7%
4.00%

100%

1.75%

11
3

51
59

76
18

Ga RR & Bkg ref 6s 1951—-A&O
4s Jan 1 1947
J&J
Ga Sou & Fla 1st g 5s 1945—J&J

1st 4%s 1941—
1st 3%s 1941.

80

*56
101%

4%s 1982

Det & Mack 1st lien 4s 1995. J&D

3.25%

5.00

con

Ctfs of dep for gtd 4sl935_J&J
Des Plaines Val 4%s 1947.-M&S

28

4.00

con g

5%

Georgia Carolina & Nor—
Ext at 6% to July 1 1934——— /
Georgia & Florida RR—
1st M 6s 1946 series A...M&N /
Certificates of deposit
'/
Georgia Fla & Ala 1st 6s '52.F&A /
Georgia Midland 1st g 3s '46.A&O

54

33%
101%

2

43%
53%
7%

J&J

Secured notes 3s 1940-1945. J&J

4s 1936
—J&J
con g 4%s 1936
J&J
Denver & Rio Grande Western—
Gen income 5s Aug '55—F&A
Assented subject to plan
Ref & impt 5s 1978 ser B—A&O
Eq tr 4%s 1940-'42 (yr)._M&N
Equipment trust 5s
Denver & Salt Lake Ry—
Inc mtge 6s Jan 1 1960-An Apr
lsi 4s 1950
J&J
Dei Moines & Fort Dodge—
1st
1st

3.50
54

Deb 5s 1952
—A&O
Girard Point St'ge 3%s '40—A&O
Goshen & Deckert'n 1st 6%s 1978

108

105
106

80

2.75$,

101%
101%

Ga & Ala Term 1st g 5s 1948. J&D
"

Denver & Rio Grande—

f This price Includes accrued interest,




1943—_M&N

Equip trust 4s Apr 1 1940-'49— 6

101%

5

*

Dec 15 1940-1949

75
v

101%

Delaware Lackawanna & Western

Chic Milw St Paul & Pac RR—

4%sseriesW 1940-44—M&S
\s series X 1940-45—F&A

109

Delaware & Hudson—

107%

3.50

Certificates of deposit..
Fort Dodge Des Moines & Sou—
1st 5s 1938
J&D
Fort St Un Dep Det 4%s *41. J&J
Genesee River 6s 1957
J&J
Ga & Ala 5s Oct 1945
J&J

_

63

105

Amended 1st

1.60%

108
60

\IK

17

Certificates of deposit
Eq4%s 1940-'41 H (s-a).M&S
Florida Southern gu 4s 1945.J&J
Florida West Sh 5s 1934
IJ&J

RR—

Equip tr 2%s ser A '40-*62-M&S
78% Coal Rfv Ry 1st 4s gu 1945. J&D
85
Goeur d'Alene& Pend Oreille Ry—
5s 1960
—J&J
96%
100% Colo & Southern 4%s 1980.M&N
1.35% Col & Pt Deposit 4s 1940. —F&A
Columb & Hock Val 4s 1948.A&O
20
Colum & Toledo 4s 1955
F&A
181 Concord & Olaremont 5s '44.J&J
Connecticut & Passumpsic Rivers
1st gold 4s 1943
A&O
Conn River gold 4s 1943
M&S
Connecting Ry (Phila)—
1st M gu 4s Mar 15 *61-M&S 15
2.50%
1st 5s 1951
M&S
Consol Rys (N H) deb 4s '54.J&J
105%
Deb 4s 1955
J&J
Deb 4s 1955
A&O
67
Deb 4s 1956 guar
J&J
J&J
17% Cuba Co extend 3s 1955.
14% 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
2.50%
M&N
D&nbury & Norw ref 4s 1955.J&J
15
Dayton Union Ry 1st 4s '49.J&J
Del & Bound Br 3%s 1955..F&A

*11*

WA

Monon Coal—

1st s4 5%s 1972 series A..A&0
1st M s f 5s 1973 series B__ A&O
lsts f 4%s 1977 series C..A&0

16%

i?*

M&S

—Gen ref gold 4s 1950———J&J
1st cons ref 4%s '52 opt—M&N

Cleveland Union Terminals—

■

Non-cum inc 5s 1955(w-s)

J&D

Ser A 4%s gen
Ser B 4%s gen

1.25

1.75
101

1945—F&A
Potts Creek 4s 1946—
J&J
R & A Div 1st con g 4s '89. J&J
2d con g 4s 1989
J&J
Warm Spr Val 1st 5s g *41-M&S
Paint Creek Br 4s

5s gold-1943

Proof of claim filed

108%

21

Fonda Johnstown & Gloversv—

Cleveland & Pittsburgh—

_

-A&O
M&N

3s 1940-1946

2.10

J&D

imp 4%sser E 1977.J&J
O W & M Div 1st 4s g '91—J&J
St L Div 1st col tr g 4s '90 M&N
Spr & Col Div 4s 1st g '40-M&S
White W V Div 1st 4s *40—J&J

103

J&J
.

99%
99%

cons

1st & ref 5s 1974

95

Cl'field & Mah 1st gtd 5s '43.J&J
Cleveland Akron & Columbus—
1st cons guar g 4s 1940..-F&A
Clev Cine Chic & St Louis—

124

98%
107 %
100%

1st

Proof of claim filed

1st M 3 %s ser D 1971
M&N
1st mtge 3%s ser E 1969--F&A

123 %
99

1946---—---J&J

46

Cincinnati Union Terminal Co

30

Chattanooga Sta 4s 1957 gu—J&^
Chesapeake & Ohio—
General 4Kb 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
1963 J&D
notes, 1940
J&J
notes, 1941

_

13%

99%

-

28

Florida Central & Peninsula—

103%

Cinn&Muskingum Valley'
1st 4s 1948
—F&A
Clnn New Orl & Tex Pacific Ry—
Eq trust 2%s 1940-52
A&O
Cin Northern RR 1st 4s 1951-J&J

85

Eq tr 5s Dec 14 1940-1944 (yr). b
Charleston & Western Carolina—
1st 5s 1946--—-—-A&O
Chatt Rome & Sou 1st 5s 47 J&J

44

M&N

1st consol gtd 4s 1942

IS

21

20%

A&O

90

95%

itH

Gen lien gold 4s, 1996
J&J
Conv gold 4s 1953 ser A..A&O
Series B 1953
A&O

Series D 1953
Ref & imp M 5s 1967
Ref & Impt M 5s 1975

90

57

J&J

90

Cincinnati Lebanon & Northern—

60%

57

..

1996

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%a series C 1940
J&J

106%
107%
107%
105%

80

Cin Ind & West 1st 5s 1965.M&N

Central RR & Banking of Ga—■
Coll tr 5s ext'd to 1942—M&N

Central RR of South Carolina—

1965

99%

Florida East Coast 4%s '59-J&D

12%

f

104
107

1.50%

104

52

Chicago Union Station—

91%-

106%-

Wililamspbrc—

El Paso & R 1 1st gu 5s 1951-J&J
El Paso & Southwestern RR—
1st & ref 5s 1965
A&O

62%

Inc mtge 5s Dec 1 1960

5

Central of New Jersey—
Gen M (now 1st) g 5s 1987. J&J

Central Pacific—
1st ref 4s g guar

9

6%
7%
6%

4%
4%

Oconee Div 1st 5s 1945---J&D
Cent New Eng 1st gu 4sl961 J&J

&

1st 6s 1910 ext at 4% 1950.J&J
5s 2862
A&O

74

5%

2.00

Eq tr 2 %s Dec 1 1940-49.

Erie prior lien g 4s

O

102

105%

Income

3.00%

71

105%

Columbia Ry 4%s 1944.-A&O
Elgin Jol & East 5s 1941. ..M&N
Elmira

Ask

91

Nor Div 1st g 48 1948
A&O
Edmonton Dun vegan & British

Chic Terie Haute & Southeast—

4.50

Bid

East Tenn Va & Georgia—
Consol 1st g 5s 1956
M&N
Eastern Ry of Minnesota—

80

54%

Eq tr 4Mb 1940-1944
A&O b
Chicago South Sh & So Bend—
Sink fund 3s ser B 1963
J&J

Mobile Div g 5s

>s

5

60

2.25

Mid Ga & Atl 1st 5s

» Basis.

~6

70

3.25

Chatt Div gold 4s 1951-—J&D
Macon & Nor g 5s 1946—J&J

-

14%

12

J&D

Div 1st 4s 1951

Bonds

Ask

13%

-M&S
M&N

Equipment trusts—
4%s series P 1940
4 %s series Q 1940

Guar g 5s
European

Mem

k

3

Bid

Chicago Rock Island & Pac Ry—
General gold 4s 1988
J&J
Certificates of deposit
Ref g 4s 1934 opt to 1911.. A&O
Certificates of deposit
Sec 4%s 1952 ser A
M&S
flee 4% ser A certifofdep
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

109

102%

1st 6s 1940
--J&J
Central Branch Union Pacific¬

4s series

60

108%

Carthage & Adirondack—
1st mtge guar g 4s 1981 — J&D
Oatawissa RR g 4s 1948
A&O
Central Arkansas & Eastern—•

Bonds

Ask

40

1949—J&J!/

Caro Cent 1st g gu 4s
Oaro OUncb & Ohio 6s '52.J&D

1951

14

Coll trust

88

Ref g 4s 1955 opt 1918.

gold 4s 1952

M&S

A&O

_M&N
Pur liens 1st g 3%s 1952—J&J

80

Payable in Canadian funds.

89

86%
86%
37%
46%
47

39%

91

68

46!
51J
42 J

JAN., 1940]

RAILROAD

BONDS

69

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 o ftssue

Bonds

Bid

Illinois Central—(Concluded)
Collateral trust 4s 1953
MAN
Kef mtge 5s 1955
MAN

Ask

45
54

Unified gold 4s 1940
1st A ref 5s 2003 ser B

45

1st A ref 4 Ms 2003 ser

80

85

1st A ref 4s ser

70

l«t A ref 3 §4 s <<er E 2003—AAC
Eq tr 254s 1940-54
Coll trust 3 Ms 1950
JAJ

Louisv Div 3)48 g 1953
JAJ
Omaha Div 1st 3s g 1951—FAA
St Louis Div g 3s 1951
JAJ

60

63

Gold 3 Ms 1951
JAJ
Sp'field Div ext 3 Ms 1951 JAJ
Western lines g 4s 1951
PAA
Equipment trusts—
3s ser R, 1940-1952
MAS b

60

Atl K A Cin Div 4s 1955. .MAN

b

1.75
1.75

b

2.25

b

2.10
48 M

1st

1st mtge A coll 4s ser
Conv gen 4 Ms ser A
Secured 6s 1959 1st

112

55

61

JAJ /

12

13 K

BIAS

1st M g 6s 1952 series A

JAJ
AdJ M 6a July 1952 ser A.Aprll

JAD b
4)48 series B 1940-1942.AAO b
Internat Rys (Central America)—
Purch money 5s 1972.
-JAJ
1st M 5s 1972 opt
BIAN
1st 1 Aref 6Ms 1947
.FAA
Debenture 4s 1961
JAD
Iowa Central 5s ctft 1938—JAD /
1st Aref g 4s 1951
MAS /
Gainesville

IK

1.00%
1.50%

2.50
80

84

95

99 K

M 5s 1978

3M

105"

64

1.75

,

65H

1.25

2.25

1.75

108 M

109

,95M

75

81M
75

107
86 M

88

MAN f

f

—JAJ

43
45

Lehigh Valley Term 5s 1941. AAO

49 M
49 M

5s assented 1941

Lehigh A N Y

1st 4a 1945—MA8
Lex A East'n 1st gu 5s 1965..AAO
Lincoln Park A Charlotte—

26

117

JAJ

55

Litchf A Madis 1st 5s 1959-MAN
Little Miami guar 4s 1962.-MAN

i§x

48
54

39 M
120 H
65

101

Little Rock A Hot Spr West Ry—
1st gold 4s 1939 guar
JAJ f
Long Dock cons 354s 1950—AAO f
Long Island—

MAS

72 K

...

b

Louisiana A Ark 5s A 1969--.JAJ
Equip trust 354s to 1946..AAO b
Louisiana A North West RR—
1st M gold 5s 1935
AAO f
Louisville Henderson A St Louis

~2%

26

55

71
63 M
3.00

2.00%

f
f
f
f
f
f
f

2.50%
29 M

14 Vs

UK

13 K
14 M

UK

13 K

UK
13 K
14M
13 K
14M

MAS f
MAS
MAS
MAS b

I

Eq 4Ms 1940-1942 (yr)—JAJ15 b
Montgom Div g 5s 1947—FAA f

2.00%
2.00%

Montana

107M

exchange rate of 4.8665.

66

1.25%
2.00%
2.25%
354
70

57 K

80 M

81K

75

FAA

3-yr6s ext'd notes 1941—.AAO
2 Ms

MAS b
JAJ b

1940-1947

3s 1940-1951

77

2.50

3.00
4s 1940-1949
MAS b
3.25
New York Connecting RR—
ist M 4 Ms 1953 series A FAA
105
1st guar 5s 1953 series B
FAA
106

York A Erie RR—
1st 4s ext g 1947-.-.—..MAN
2d ext 5s 1939
.....MAS

3d

2.00%
2.50%

2.50%
105M
107

90

75

mtge 4 Ms

80

MAS

1938

Guar g 5s 1940

MAN

UK

N Y A Har 1st g 3Ms 2000—MAN
N Y A Hob Fy 5s May 1946-JAD
New York Lack A Western—

100 M
33 M

1st A ref 4s

A 1973—.MAN

53 H

1st A ref 4 Ms 1973 ser B—MAN
New York A Long Branch—

62 M

ser

63

60

87
28

General 1st 5s 1941
MAS
NY A NE Bos Ter 4s 1939—AAO
N Y New Haven A Hartford—
Deb 6s Jan 15 '48 conv..JAJ15

73

75M
19 M

Deb 4s May 1 1957
MAN
Deb 4s July 1 '55 non-conv JAJ
Deb 4s 1956 non-conv
MAN
Deb 4s 1947 non-conv.-.MAS
Deb 3 M« March 1947
MAS
Deb 3 Ms 1954 non-conv-_ A AO

16 H
16 K

15

1950

conv

1st A ref 4Ms 1967

5M
15 K

15
15

JAJ
AAO
JAD

31

18M

Equip.trusts 3s 1940-1951 MAS

3.00

4Ms9-15-40to3-15-45MAS 15
4 Ms 1940-1946
JAJ

3.00
3.00
2.50

Har Riv" A Pt"6hes4s'54 MAN
N Y A N J Ferry 5s 1946
JAJ

92

II*

60 M

40

New York Ontario A Western—
Ref 1st g 4s June 1992....MAS
Gen M g 4s 1955red
JAD
New York Pennsylvania A Ohio—

5K
3

Prior lien ext 4Ms, 1950..BIAS /
New York Phila A Norfolk—•
Stock trust ctfs 4s 1948
JAD

33 M
3.50
3.50

2.75%
2.75%

N Y Prov A Bos 4s 1942
AAO
N Y A Putnam 1st 4s g 1993.AAO

19 M

24

N Y Short Line 4s 1957
FAA
N Y A Stamford 4s 1958—MAN

55

New York Susq A Western—
1st refunding 5s 1937
JAJ
2d mtge 4Ms 1937
..FAA

42" "i

Gen mtge. 5s g 1940
105 M
117
121

106

40
MAS
88
JAJ
45
Montgomery A Erie 1st 5s 1956—
Montour RR 1st 5s 1963
103
FAA
Morris A Essex 3 Ms 2000—JAD
40 54
Constr'n 5s 1955 ser A
37
MAN
Constr'n 4 Ms 1955 ser B.MAN
35M
Nashville Chattanooga A St L—
1st M 48 1978 ser A
FAA
67 M
Eq tr 2 Ms 1940-1952
2.50
MAS 6

f Price includes accrued interest,

/

-FAA f

Term 1st g 5s 1943
MAN
N Y Westchester A Boston Ry—
1st M g 4Mb 1946 guar...JAJ
Norfolk A Car

Wyoming A Southern—

2nd 5s 1946—JAJ
Southern—
1st A ref g 5« *61 opt '15-.FAA

1st mtge gold 5s 1939
Montauk Ext 1st 5s 1945

6 Basis,

82 H
65

57

Equipment trusts—

15-year secured 6s 1940

2%

Monongahela Ry Co—
1st mtge 4s ser A 1960
MAN
Monongahela Sou 5s 1955—AAO
Gen 6s 1955
AAO

14 K

57

JAJ

.—JAJ

89

UK

77 M
70
61

JAJ
JAJ

89

28M

1.60%
2.00%

81M
63 K

MAS

Deb 3 Ms

UK

13 K
2 K

3M

1st guar g 4s 1991
..MAS
Consol gold 3Ms 2002...MAS
Monon Coal—See Chic Ind & Lou

106

2.50

General gold 4s 1941.....MAS

Mo Pac (old)—Gen 4s 1975.MAS f

MAN f

16 M
7H

29M

3.00

Gen gold 4s, 1938-

64

7 M
3.50

b

Ref A impt 4Ms 1977
Secured 5a 1938
Eq tr 4s 1940-1943

b

95

JAD

New

75

2.00

4s small 1945
Mobile A Ohio—

IK

103

2.75

3d ext 4s July 1 1938

2.00

2Ms Mar 151940-1952

3

50M

b

Mobile A Birmingham'
Prior lien 5s. 1945
5s small 1945
Gen M g 4s 1945

6M
23

A*
40

58M

MAN b

Ref 4Mb 1978 ser O
10-yr 6s coll tr 4s 1940

6M
5M
6M

77 K
85 K

July 1 1997—JAJ

New York Chicago A St Louis—
1st 3 Ms extend 1947
AAO
Ref 5Ms 1974 ser A
AAO

70

b

,

37

59 M

3 Ms 1959
N Y Cent equip trusts—
4 Ms 1940-1945

54

Mohawk A Malone—

82 %

2.75

X

I

85

89

87 K
87 K
2.75

2

15

15

_




Certificates of deposit

P

106

Guaranteed gold 4s 1945..MAS

\

6M
2M

18M

Secured 5Ms 1939-1950...JAD
Equip trust 5s 1940(yr)._-MAS
Eq tr 4Mb '40-'44 F fyr)—MAN
Equip tr 2 Ms 1940-1949.-FAA

17M

554
IK

14M
15M

16

it*

13M
30M

18

Certificates of deposit
Conv g 5Ms 1949 ser A...MAN

14M
16 K
1654

28

72
60 M

sec s

3 Ms conv
New York Central A Hud RIv-

JAJ

70
53 M

con

3454

It*

f 1940—AAO
secured 1952
MAN

JAJ

43 K

Gen

56

New York A Greenwood Lake—

1st A ref 5s 1978 ser G-MAN
Certificates of deposit
1st A ref 5s 1980 ser H...AAO
Certificates of deposit
1st A ref 5s 1981 ser I
FAA

63

1st mtge gold 5s 1946
JAJ
Louisville A Jeffersonville Bridge

38

10-year 354s

RR

1.60%

51M
14M
14M

99 M

67 %

M O coll tr g 3Ms 1998
FAA
Spuyten Duyvil A Pt Morris

2.10

68

\

72
14 M

29 M

Ref A impt 4 Ms 2013 A...AAO
Ref A Impt 5s 2013 O
AAO

73

43 M

b

15

Unified g 4s. 1949

70
45

34

D.JAJ
Adj M 5s Jan 1967 ser A—AAO f
Eq tr 2 Ms 1940-1952
FAA b
Missouri Kan A Texas Ry Co—
1st gold 4s 1990
JAD
Mo Pacific RR (new company)—
1st A ref 5s Jan 1965 A
FAA f
Certificates of deposit
f
1st A ref 5s 1977 ser F—_MAS f

80

JAD
BIAN f

Refunding mtge 4s 1949—MAS
4s stamped 1949
MAS
Equip tr4Ms 1941-45 (yr).FAA

40

Ref g 3 Ms

Prior lien 5s 1962 ser A
Prior lien 4s 1962 ser B
Prior lien 4M« 1978 ser

82

13

100

22 M
34 H

New York Central RR—
Cons mtge 4s 1998 ser A..FAA

12

66

25-year 5 Ms 1949
MAS
Minn Terminal 1st 3 Ms *50—JAJ
Minn Transfer Ry 3Ms 1956.JAO
Missouri Illinois Bridge and Belt
RR cons 4s 1951
—JAJ
Mo-Illinois RR 1st 5s 1959..JAJ

96 M

69

67 K

Deb 4s 1942 tax-exempt—JAJ
L 8 coll tr g 3Ms 1998
FAA

Missouri-Kansas-Texas

f

5s 1939

100 H

12 M

Equip trust 2 Ms 1940-1949FAA
Mo Kans A Okla 5s 1942...MAS

gold 4 Ms 2003..MAN f
4 Ms assented 2003
f

1st 4 Ms gold 1940
4 Ms assented 1940

63

45

1st cons gold 5s 1938
JAJ
1st cons 5s 1938 gu int
JAJ
2d M gold 4s guar 1949...JAJ
1st ref 6s 1946 series A—
JAJ
1st ref 5Ms 1978 ser B
JAJ

65

_JAD

Lehigh Valley Ry of New York

99*ii

Minn St P A Sault Ste Marie—
1st cons gold 4s 1938
JAJ

72

70"

2"

'

58

75

Ref A ext 5s Feb '62 ser A.Q-F
Certificates of deposit

67 K

60

16

.

88

29 H
15

31

con

5s assented 2003

63

33M

M
73

Certificates of deposit
39
1st M 5 Ms 1954 series A—AAO
40
36M
Certificates of deposit..
30
39
1st 5s 1956 series O
.FAA
34M
Certificates of deposit
fk 32 54 Dec 7
1st M 4 Ms 1950 series D..FAA
33 54
31M
Certificates of deposit
Equip trust 4 Ms
3".00
Newport A Cincinnati Bridge—
1st M g 4Mb 1945 guar
107
JAJ
90
Newport A Richfor Is 5s 1941..

27

29 M

Gen

gold 5s 2003

91M

35M

53

AAO

49

Minneapolis Northfield A
Southern Ry 1st 6s '41.-MAS

JAD

gold 4s 2003

58

4M8 1939
JAD /
JAD /
Sparta A NW 1st 4s 1947MAS /

88 M

Lehigh valley—

4s assented 2003

1st 58 1954 series B

68

K
68
33 M

98

MAN
A.. JAJ

Con ext 4Ms 1939

28

FAA

1st gold 4s 1948

K
65 M
89 M

JAD /

29H

ref 3 Ms 1997
JAD
Leamington A St Clair 4s *45 AAO
Lehigh A Lake Erie 4 Ha '57.MAS
Lehigh A New England—
1st M gold 5s 1945
JAJ
Gen mtge 4s ser A 1965... AAO

Con M 68 ann irred
Con M 4Mb ann irred

82

K

99

JAJ
JAJ /

Ref A impt 4Ms 52 ser
New Orl Term 1st 4s 1953.-JAJ
New Orleans Texas A Mexico—
Non-cum Inc 5s '35 ser A..AAO
Certificates of deposit

113

K

scrip

...1951 f
MAN f
New Eng cons 4s 1945
gu
JAJ /
Consol g 5s July 1 1945
JAJ /
New Haven A Northampton—
Ref cons 4s 1956
JAD /
N J June 1st 4s gu 1986
FAA
N J A N Y 1st ext 5s 1950—MAS /
General 5s Jan 1 1938....
'

Extended at 5% 1940

MilAState Line 1st 3 Ms 1941. JAJ /
Minneapolis A St Louis—
5s ctfs of deposit 1934
MAN /
1st refdg gold 4s 1949
MAS

65

g

1st mtge 5s 1954

coupon

Assent cash warrant and

Income deb 5s 2032
New Orl A Nor East 6s 1915

Milwaukee A Northern—

51K

107

1st mtge 5s ext at 3 % to '47 JAJ
2d 5s 1941JAJ
Lake Shore A Mich South-

Eqm ptr 4 HsG 1940-45—MAN
Lehigh Valley Harbor Term Ry—

1M

f
off..1951 f
—

50-year 1st 5s 1983

48

43

5% to 1940
AAO
Midland Valley 5s 1943
AAO
Adj M Apr 1 *53 ser A
Sept
Adj 5s sales 3 1953 Sept.—..

80"

at

1554
46 M

Valley—

(Foreign series) 1960

HM oo

—JAJ

„

K

1951.

New Lon Nor 1st 4s 1940
JAJ
New Orleans Great Northern—

f

ext at

106 M

t Secured interest

83 H

Midland of New Jersey—

100

4 Ms plain 1961
JAJ
1st mtge 4 Ms unguar 1961.JAJ
Lake Erie A Western RR—

»

2.25%
2.25%

_

a

—JAD

1944

M

on

of Mexico—

1st ext

Kentucky Cent 4s g 1987
JAJ
Kentucky A Indiana Term RR
list gold 4 Ms 1961
JAJ
t4Ms stamped 1961
JAJ

,

2.75
50

1st 4s 1940
JAJ
Middlesex Val 1st 5s 1942..MAN
Midi RR 4% franc bonds

IK

Mil

gef A Impt 5s Apr 1 1950.-JAJ

cons

52 M
76

2.75

Michigan Air Line—

"5M

4
1M

oo

q tr 3s F Jan 1 1940 1943..
3s 1941-1946
JAJ
Kansas City Terminal Ry—
1st g 4s 1960 opt 1930
JAJ
Kansas Oklahoma A Gulf—

Gen

»

Joliet A Northern Indiana—
1st 4s 1957
JAJ

45

50

Kalamazoo A White Pigeon RR
1st gold 5s 1940
JAJ
Kanawha Br A Ter 5s 1948.AAO
Kana A Mich 1st 4s 1990—AAO
Kan City Ft Scott A Memphis—
Ref g 48 1936 guar
AAO
Certificates of deposit
Kan O Mem A Bir 4s 1934—MAS
Income 5s Mar 1934
Sept
Kan City Sou 1st g 3s 1950

Cong

>

1st 4s 1959
...MAS
Jackson Lansing A Saginaw
1st 3M8 Sept 1 1951—MAS

82

81M

Grand River

A

Jamestown Frank A Clearfield
1st g 4s 1959 guar
JAD
Joliet A Nor Ind—See Mich Cent
Joplin Union Depot Co—
1st g 4 Ms 1940 guar opt.MAN

1st

ser..JAJ

4s Asst(cash warr A coup). 1977
Michigan Central—
Ref Aimpt4Ms 1979 ser O. JAJ
1st gold 3 Ms 1952
MAN

13 %

Gulf Ry 1st. 58 1951..
AAO /
2
Jackson Lansing A Saginaw
See Michigan Central
Jacksonville Terminal—
1st A gen mtge 5s 1967
...J&J
v—4
Ref A ext 5s ser A 1967—JAJ
rH
Ref A ext 6s ser B 1967—JAJ
v-4

5s June 1

78

Mexican International

13 K

2.00

K

Assent cash warrant and

receipt No 4 on
Naugatuck 1st 4s 1954

M'shfleld A S'east—See Wis Cent

.16....

12 54
1254

Equipment trusts—
"4 Hs ser A
1940

ist

75
49 M
72

A '45 JAD
1960-JAD

1st g gu 5s Nov 1 1959—MAN
eridian Term 4s '55 guar.MAN

pf

1977. f

Prior lien 4 Ms assent cash
warr't A scrip ret No 4 on '26 f
1st con 4s(Apr 1914 coupon on)

April 1914 coupon off 1977.. f

April 1914

MAN
Manitowoc Green Bay A Western
1st gtd 3Ms 1941
-JAJ
Maryland A Pa 1st g 4s '51.MAS
1st cOns A 6s 1963
AAO

105

JAJ /
JAJ f

1st M 5s 1956 series B
1st M 5s 1956 ser O

Jacksonville

93

Memphis Union Station Co—

Kef A imp M 3 Ms ser B '86
Internat-Great North Ry—

K

Gtd gen s f 4s (Apr *14 coup on) f

71M

92

Manila RR Sou Lines—
1st 4s extend 1959

106

Indianapolis A Louisville—

-

70

Maine Central—

Indianapolis Union—

-

JAJ
JAJ

1947

K

receipt No 4 on 1957. f

scrip receipt No 5

77 54
106 M

/
/

K
K
K

scrip

85"" National RR

105

Equipment trust 5s
Equipment trust 5 Ms

JAJ

1956

5s

Macon Terminal 5s 1965

100

95

101M
101M
106 M

75

1
1

Assent cash warrant and

Macon Dublin A Savannah—

44 K

JAJ
JAJ

July 1914 coupon on 1957..
July 1914 coupon off 1957

1.75—

81M
110M

1945--MAS
Monon
collateral 4s, 1952
JAJ
LAN Term 1st g 4s *52 gu JAD

48 M

44M

86 M

2.2

105
102 M

Mob A Mont 4 Ms
Southern Ry joint

2.00%
1.00%
1.25%
1.25%
1.25%
1.75%
1.60%

1.50

100 K
92 54

100^
10054

St Louis Div 2d 3s 1980—MAS

Bid

National Rys* of Mexico—
Prior lien 4 Ms—
Jan 1914 coupon on 1957.... /

83

8M
)

Pad A Mem Div 1st 4s '46.FAA

2.50

b

100
92 M
86 M

JAJ

57"

1.75

4 Ms series C, 1963
JAD
Indiana Bloomington A Western—
1st ext 4s 1940
AAO /
Indiana Harbor Belt RR—

1960

Coll trust 4s

76"

b

IU Cent RR Co A Chic St L A
N O RR Jt 5s, A, 1963—JAD

4s

Bonds

Ask

101"m

JAJ
AAO
O—AAO
D 2003...AAO

Six

b

4MB ser L, 1940.
__AAO
jsser M, 1940-1941..MAN
is ser N, 1940-1941—AAO
is ser O, 1940-1942—-JAJ
is ser P, 1944
AAO
4s ser Q, 1940-1944
FAA

1st guar

Bid

44

il*

Aug 1 1966. PA A
Carlo Bridge 4s g 1950—JAD
Litch Div 1st g 3s 1951
JAJ
40-year 4 lis

Genl mtge 4s 1957
Gen mtge 4 Ms 1957
Indiana Illinois A Iowa—
1st gold 4s 1950

Bonds
Louisville A Nashville—

79
95 M
78
50
99 M
40
9

5K
554
38 K

JX
98

Norfolk

Certificates of deposit...—
Norf A South 1st 5s 1941.MAN

1st gen g 5s 1954 opt

41M
40

36

JA J

Norfolk Term 1st gu 4s '61-MAN
Norf Term A Transp 5s '48-FAA

liK
UK
54
22
107

115

70 M

2.00%
k Last sale,

n

Nominal,

r

Payabls in Canadian funds'"

BONDS

RAILROAD

70

NOTICE—All bond prices are "and Interest" except where marked
Quotations for all securities are as near as possible for tbe closing day of

1st con 4s 1996-

Norrist"n & Maine 1st 4s *62
Nor

Cent 6s 1974 ser A

4J^s

117

118

115

6s—

A&O
42M
Eq tr 3Ms Apr 1 1940-1946
6
4.50
Eq tr 2Ms 1940-1946
J&D b
4.25
Pitts Young & Ashtabula—
1st gen 4s series A 1948---J&D
106
1st M 5s 1962 series B
F&A
110M
1st M 4Mb 1960 ser C

80
105 M

M&S
M&S

A'74.M&S

Gen & ref g
ser
Northern Ohio Ry 1st guar

jri

„

Apr 1 1936 & sub coups 1945-- /
48
Oct 1938 and subs coupons '45- /
87
Ctfs of deposit stamped—
Apr '33 to Oct '34 cpns 1945- fk 38
36
Apr '33 to Oct '38 cpns 1945- /

45

1st gen 5s 1974 series

,T

15

Dec

40

Northern Pacific—
Prior lien g 4s Jan

1997

Gen lien g 3s Jan 2047
Ref & imp 4Mb 2047 ser

66 M
40 Vs

Q& J
Q&F
A. J&J

Guar

45%
56 Vs
49

3.75
2.10

1.60%

Raleigh & Augusta Air Line—
1st 5s 1931
J&J/

67

2.10

1.60%

Ral & Gaston 1st 5s g

54

10

f

—

78

81

/

31
31

54
73M
72 M
2.25

Jer Cent 4s

88

9M

55

65

F&A

J&D
1st M 4Mb 1950series O—J&J
»Ore RR & Nav cons 4s 1946.J&D
Ore Short Line 1st 5s 1946--J&J
1st cons guar 5s 1946
J&J
Oregon-Washington RR & Nav—
1st & ref g gu 4s '61 opt--J&J
PacFruit Express—See Sou Pac—
Pac of Mo 1st ex g 4s 1938--F&A
2d ext 5s gold 1938
J&J

4

6

4

6

116

il8M

105

.

105 %

75%

80

70

80

65
101 %

Cons mtge 4Mb 1939
Cons 1st extend 4Ms'49
Cons mtge 4s 1939
Cons extend 4s 1949

....

■

60

103 M

104 M
102 M

104 %

104 M
105 %

106
63

55"
52"

59
61
55

50"

100

96M
94

55%
73 M
1.75%

Pennsylvania RR—
Con M 4s gold 1943
M&N
Con M 4s gold 1948
..M&N
4s stamped 1948
M&N
Con M 4Mb gold 1960
F&A
Gen g 4Mb 1965
J&D
Gen g 6s Dec 1 1968
J&D
Gen M 4Mb 1981 ser D...A&O
Gen M 4 Ms ser E 1984—J&J
Deb 4Mb 1970
A&O
Gen M 3 Ms ser C 1970..-A&O
Conv deb 3 Ms 1952
A&O
30-yr secured 4s 1940-1964. J&J
Equipment trusts—
4 Ms series D 1940-1941 M&N
4s series E 1940-1949-..J&J
2 Ms series G 1940-1950-J&D
2 Ms series HI 940-1952 M&N b
2Ms Oct 1 1940-1954.-A&O b
Peor & East cons 4s 1940..A&O
2dconsinc 4s 1990
Apr 1 /
Peoria & Pekin Union Ry—
1st g 5Ms 1974 series A
F&A
Peoria Ry Ter 4s 1937 gu op.J&J
Pere Marquette Ry—
1st g 5s July 1956 ser A..J&J
1st g 4s July 1956 ser B..J&J
1st 4Mb 1980 ser O
M&S
Equip tr 4Ms 1940-1945—M&N
Equip tr 2 Ms 1940-1947. .M&N
Equip trust 2Mb 1940-46--J&J
Perldomen RR ext 3 Ms 1951.J&J
Phila & Bait Cent 4s 1951..M&N
Phila Bait & Washington—
1st gold 4s 1943
M&N

97 M

109

109 M

113M
113M
117 M
101M
107 M
95 M
95
86 M
87 M
84 M

1.00

100 %

49

105"
49"
1M

87M
88 M
86 M

106%

110 M

b

60

52
22 M

23 %

59 M

M&N f

b

b

11

59 M

3.50

2.50%
2.50%

60

64

27%
17%

33
18

10

UM

2.00

1.50%

3.00

2.00%

82

4%
6M

97%

/

98 M

115M

17

A&O

102%

103%

107v

Santa Fe Prescott &

_

J&J

116M

1940-A&O

1950.-A&O

1942
M&S
Schuylkill & Leh 1st 4s '48.M&N
Scioto Val & N E 1st 4s 1989M&N
Seaboard Air Line Ry Co—
1st gold 4s 1950
A&O
Stamped.
-A&O
Adj mtge 5s Oct 1 1949—F&A
Ref gold 4s 1959 opt
A&O
Certificates of deposit
1st & cons 6s 1945 ser A—M&S
Certificates of deposit

A&O

102 M
107 M

4Mb series C 1942-—

M&N

108 M

4s series D 1945

M&N

109 M

F&A

105

J&D
M&N
F&A

105

108 %
108

109 %

F&A
M&N

116

117M

115

107 M

108M

105

108

75

99

F&A /

15

18

Pitts & Shawmut 5s 1959---J&D /

38

J&D
A&O

M 4Ms 1977 ser O...J&J
Pitts Shawmut & Northern—
Gen

/
/
/
/
/
/
/
F&A /

5% secured notes 1931
Receiver ctfs 3-3 Ms '45..-F&A

103 M
109

79

80

Phoenix

1st g 58

Pitts Cin Chic & St Louis—

Atlanta-Birmingham Div—
1st g 4s May 1 1933....M&S /
Seaboard-All Florida Ry6s ser A ctfs of deposit
/
/
6s ser B ctfs of depositSeaboard & Roanoke 5s 1931.J&J /
Seacoast RR prior lien 5s '48. A&O
Shamoldn Sunbury & Lewisb'g—_
2d ext'd 5s 1945
J&J
Shrev Bdg & Ter 5s '55 gu—F&A
Sioux City & Pac 3 Ms 1936—F&A f
Somerset Ry 1st & ref 4s '55--J&J
1st M 4s July 2 1950
J&J
South Bound RR 1st 5s 1941 A&O

109%
70

115

111

1943.M&N

b Basis.

/ This price includes




54

1st M g 5Ms 1964
M&S
Toledo Canada Southern & Det—
1st 4s

15 M

13 %

16

1%
4%

1M
5%

5

6

8%
7%
6%

8%
7%
7M

66

68

13 %

15 M

3M
3 M

3M
6

40

43

73

80

90

93

70
40

77
44

45

47 M

72
18

22"

St

5s 1963

A&O

accrued interest,

k Last sale,

n Nominal,

r

73

J&D

87

Mary's Div 1st 4s 1951F&A

58

1st mtge 4s ser B 1967
j&j
Toledo St Louis & Western—.

98

1950—A&O

61M

1st gold 4s June 1 1946—J&D
Consol M 4Mb 1966 ser A.F&A

70
45

Transylvania RR 1st 5s 1956. J&J
Union Depot (Columbus,
Gen 4 Ms 1946

Ohio)—
J&J

103

113 %

107 %
1st & ref 5s June 2 2008—M&S
113 %
35-year 3 Mb debs 1971—M&N
96 %
34-year 3 Ms debs 1970—A&O
96 %
Eq tr 2M88erE l940-'52—j&j b
2.00
Union RR (Penn) 1st 5s '46.M&S
116
Deb 6s 1946—.:
M&S
118
Union Terminal Co (Dallas)-—
1st mtge 3 Ms 1967
—F&A
100
United N J RR & Canal Co—
1st 4Ms Sept 1 1979
M&s
118
General gold 4s 1944—..M&S
109%
1st 4s Sept 1 1948
—M&S
111
1st 4Mb Feb 1 1973
-F&A
118
Gen 1st g 3 Ms 1951
M&S
107
Vandalia RR 4s 1955 ser A„F&A
108
Series B 1957
M&N
108
Vera Cruz & Pacific RR—
1st mtg g 4Mb 1934

119

J&j /

July 1914 coupon off
J&j /
Cash war & scrip ret No. 5 on /
Vermont Vail 1st 4 Ms 1940—A&O
Vicksburg Bridge Co—
1st s f 4-6s 1968
M&S

78

Vicksburg Bridge & Term Co—
1st M s f 6s 1958—
M&S /
Debenture s f 7s 1948
M&S /
Vicksburg Shreveport & Pacific—

90
20

Pr lien 6s '15ext 5%

'40—M&N
M&N
M&N

Gen 5s May 1 1941—

ref & impt 5s 1973.
Va & Southwest 5s 2003

1st

cons

g

5s 1958

71

Payable in Canadian funds.

%
69%

99M
97
77

j&J

55

A&O

60 M
108
b
1.00

Virginian Ry 3 Ms A 1966.-M&S
Eq tr 4Mb 1940 (yr)
J&j

120

68

Gen cons gug

2.25
95M

j&j

1956

Toledo & Ohio Central—
Ref & imp M 3 Ms ser A'60

Southern 111 & Mo Bridge Co—

60

2.00

2.10

Tex Pac-Mo Pac Term RR—

108

Pitts Va & Char gu 4s

102 M

M&N b

„

15

South & North Alabama

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

2.00

j&D b
M&N b

2%a ser D1940-52

1st ry & land gr 4s g 1947—j&j
1st & ref 4s June 2008
M&S

San Fran Term 1st 4s

96

1.25

2.00

Union Pacific—

92

115"

6

M&S b
A&O b
F&A b

100

110M

95

Gen & ref 5s 1980 ser

Equipment trusts—
4Mb ser HH 1940

1st g gu 4s 1942 ser C
M&S
Toronto Hamilton & Buffalo—

8

109 M

7

97
68 %
68
68

ser

50

"7%

53%

6%

Ann Mar
B—A&O
A&O
D
J&D

2d 5s Dec 1 2000
Gen & ref 5s 1977

92

106

53 %

1 1940

no M

88

Tol Term 1st 4Ms *57 gu—M&N
Tol Walhoudlng Valley & Ohio—

1st guar g 4s 1943
J&J
San Fran & San Joaquin Val—
1st g 5s Oct

M§ 1950 guar
F&A
Texas City Term 6s 1941.J&J '26
Texas & New Orl 5s 1943
J&j
Texas & Pacific Ry—
1st gold 5s 2000
j&D

95

75

San Antonio & Aransas

100

104M

1st M 5

Toledo Peoria & Western RR—

114

J&J

Salt Lake City Union Depot
and RR 1st 5s 1938
M&N /

1934
Pass—

10

114M
108
98

Ref & impt M 3 Ms B '74-J&J
Terre Haute & Peor 5s 1942.M&S

4MsserO1940 44
2.50%

100

110M
106 M
106 M

1st extend 3s 1948
M&S /
Term RR Assn (St Louis)—

4Mb ser JJ 1940-42

St Paul Union Depot—

Salt Lake & Ogden 5s

14
80

Tavares & Gulf RR—

4 Ms ser A1940-43
4sser B1940-43

3.50

3.50

6
36

_

58

83

Stephenville Nor & Sou Texas—
lstMguarg5s 1940 strnp.. J&j/
Sturgis Goshen & St Louis Ry—
1st 3s Dec 1 1989.
..J&D
Suffolk & Car con 5s 1952
J&j /
Sullivan Co RR 6s 1944
A&O

1st gold 4s April 1

4s 1968
J&D
Mortgage 4s Dec 1 1996--J&D
St Paul East Gr Tr 4Mb '47..J&J /
1st consol g

1st & re.* 5s 1972

5s 1955.J&j /

72*
18

19
Stark Elec RR 1st 7s 1952—.J&D /
102
Staten Isld Ry 4Ms 1943.— j&D

11M
UM

St Paul & Kansas City Short Line

2.45%
2.70%
2.60%

71

j&J

12

Southwestern—

2d g inc 4s Nov 1989
J&J f
1st term & unif 5s 1952—.J&J f
Gen & ref 5s ser A 1990—-J&J f

68

1.00

75 M

Texarkana & Fort Smith—

94"

12

1st guar 4M« 1941.
F&A /
St Paul Minn & Manitoba—
Pacific ext 1st 4s £ 1940—J&J

1.00

J&O

6% receivers' ctfs 1927

42

11%
11M

4s 1989

51

1st consol gold 58 1944—F&A
Gen ref s f g 4s '53 opt *10-j&J

St Paul & Duluth—

9M

Pitts Bessemer & Lake Erie—

Gen M 5s 1975 ser B

9

HM

59 M
1.00

deposit

4Ms series I 1963

9%

11M
HM

Equipment trusts—
5s series J 1940
M&S
4Mb series K 1940-1945.J&J

Piedmont & Northern—

4 Ms series J 1964
Gen M 5s 1970 ser A

8%
13

58%

11%

2.00

J&J

1995
g

1.50
2.00

J&j

Gen & ref 5s 1979 ser O

63 M
56

Philippine Ry 1st 4s 1937—J&J /

4s series G 1957

/
/
/

4Mb series DD 1940-45.A&O

0.50%
2.00%

50

M 4Ms 1977 ser C__ J&J
God 4Mb series D 1981 .J&D
83
Phila & Chester Val 4s 1948.A&0
93
Phila Newton & N Y 3s 1942 A&O
Phila & Reading RR—See "Read! ng Co

4s series H 1960

7%
83

/
/

1st g

1st 4s

60%
82%

Berwick RR 5s 1952
A&O
101M
Tampa & Gulf Coast g 5s*53-A&O /
5
Tampa & Northern RR—
5s (stamped 3s) 1936
J&j / 41
Tampa Union Sta 5s 1940..M&n
90
Tampa Un Term 4-6Ms '53—J&Jl
32M

B.J&J /

St Louis

87 M

77 M

12M

80

A&O
Louis City—See Pac of Mo

/
A—M&S /
Certificates of deposit stpdJ. /
Equipment trusts—
4Mb series BB 1940-41.F&A b
4sseries CO 19 40-1943-M&N b

2.25

1M

8M
8%

Certificates of deposit..

96

68 M

Gen

3Ms series E 1949
4s series F 1953

8

Cons in 4Mb 1978ser

96

J&j

Susquehanna Bloomsburg &

Certificates of deposit

108

62 %
65

1910.-j&J

Stamped (Fed tax) 1955.j&J

30

Prior lien 5s 1950 series

2.25

F&A

1947

7%

1933-M&N
Certificates of deposit.St L Peo & N W 5s 1948
J&J
St Louis-San Francisco Ry—
Prior lien 4s 1950 series A. J&J

2.25

A&O

3Ms 1966--.

J&J /

2d gold 6s 1996

90

2.50

7%

4Ms stamped 1941
-J&J/
St Clair Mad & St Louis Belt—
Alton Bridge 1st g 4s '51..J&J
85
St Clair Term RR 5s 1950..M&S
128
St Johns & L Cham 5s 1944.M&S
39
St Jos & Grand Island 4s '47. J & J
109 M
St Lawr & Adirond 5s 1996--J&J

114%
114M
117M
101M

15

1951-j&J
Spartanburg Union & Columbia—

St Louis Iron Mt & Sou—

100

1st ref g 4s 1955 opt
Southern Railway—
1st consol g 5s 1994

Spok Internat 1st

J&J /
J& /

Riv & Gulf Divs 4s

series B 1981

1.00

b

Aiken Branch 4s 1998
1st Mem Div g 5s 1996

78'

2.25

2.65

103%

1.01
46
101

1.25
2.00

2.25

2.50

102 %

98 M

^M&S/

53 M

b
b
b
b

Southern Pacific RR Co.—

71
57

100

Rock Island-Frisco Term Ry—
1st M 4Ms 1957
J&J

St

48%
47%
47%
47 Vs
54M

Develop & gen M g 4s '56. A&O
Develop & gen 6s 1956
A&O
Develop & gen 6 Ms 1956.-A&O
Equipment trusts—
4 Ms series AA 1940-41-A&O b
4s series BB 1940-1943.M&S b
4 Ms series CO 1940-44
J&D

102 M
Rich-Washington 4s 1943...J&D
106M
Rio Gr June 1st gu 5s 1939--J&D /
40
Rio Gr So 1st g 4s 1940
J&J /
M
1st g 48 guar 1940.
J&J /
M
Rio Gr West 1st 4s 1939
J&J /
29
1st coll tr 4s 1949 opt
A&O / 11M

Rutl Can 1st g gu 4s 1949
4s stamped 1949
Rutland con 4Mb 1941

(CP) Aug 1 *49. .J&D
1st 4mb (Ore Lines) 1977.M&S
40-year 4 Ms 1968
M&S
50-year 4Ms 1981
M&N
4Ms 1969 with warr
M&N
10-yr secured 3 %a 1946
J&j
Equipment trusts—
4mb series H 1940
J&D
4Mb series J 1910-1942._J&j
4Mb series L 1910-1944.j&D
4Mb series M 1910-1945M&N
2Mb Aug 1 1940-1954
2 Ms series N1940-1951 M&N
Pacific Fruit Express—
Eq 5s 1940-1941 D (yr)_A&0
Southern Pacific (Golden Gate
Ferries) 1st 5Ms 1949
A&O

St Louis Div 1st g 4s

Rich & Mecklenb'g 4s 1948.M&N
Rich & Petersburg 4 Ms 1940 A&O
Richmond Term 1st 5s 1952.J&J

61

A&O

April 1 1960

66 M

102 M

A&O
A&O
A&O

Gen 5s 1974 series B

18

10

Penn Ohio & Detroit RR—
1st & ref 4Mb 1977 ser A-.A&O

Con g gu 4Ms ser A
4Ms series B 1942

"4 %

51
45 M

Coll tr 4s

103

1st 5s 1941
M&N
Rensselaer & Sara 6s 1941.-M&N

1st guar 4Mb 1934

14

Pennsylvania Company—
28-year secured 4s 1963
_F&A
Gu tr ctfs g 4s 1952
..M&N
Gu tr ctfs g 3 Mb 1941—F&A
Gu tr ctfs g 3Ms 1942
J&D
Gu tr ctfs g 3 Ms 1944-J&D
Pa & N Y Canal con 5s 1939 A&O
Cons 1st extend 5s 1949 A&O

Cons gold 5s

78

Rock Island Ark & Louisiana—

6% fTanc bonds (foreign series)
red to 1956
J&D
Paterson Extension 5s 1950.J&D
Paulista Ry 1st 7s '42serAM&S15

Certificates of

100 %

-

70

Paris-Orleans RR—

Gen 4s

91

Delaware River Terminal—

Rich Fredericksburg & Potomac—
Cons mtge 4 Ms 1940
A&O

110M
117

1955-J&J

3.25

Bid

South Indiana 1st g 4s 1951--F&A
Southern Pacific Co—

101%
102 M

1951

Philadelphia & Reading RR—
Imp M ext g 4s 1947...A&O
Extended 4 Ms Oct 1 1943
Term 5s g gu May 1 *41 Q&F

107

Cardelet Br 1st 4Mb 1938.A&O
St Louis City real est 5s '38 J&J

3.50

HM

98M

33

7Vs

1947--J&J /

opt'06-.A&O
Gen & ref 4Ms 1997 ser A..J&J
Gen & ref 4 Ms 1997 ser B.J&J
Eq 4Ms 1940-'45 (s-a)...M&N b

33

f

43 M

82

1947—.A&Oj

Raleigh & S'port Ry 5s *65—J&D /
Reading Belt 1st 4s 1950—M&S
Reading Company—

6

1st & ref 4 Mb

103
/
3%
1956—.M&S / 60

b

Prov Ter 1st g 4s gu
Prov & Wore 1st 4s

6

Paducah & 111 1st 4Mb

74

b

b

4

1st M 5Ms 1944
1st M 5s 1945 series B

•

48 M
0.50%
3.00%

1.00

J&J

Colony RR 4s 1938

99 M

J&J

1961

5s 1951
M&N
Potomac Val 1st gu 5s g 1941-J&J
Prov Sec deb 4s 1957 gu
M&N

45
.

Portland & Rumford Falls—

4

Old

5s

41 Vs

b

M&S15

Eq tr 4s 1940-1949
J&J
Eq tr 2Mb 1940-1947
M&S
Eq tr 2 Ms 1940-1946
J&J
Nor RR of N J gen 4 Ms 2000-J&J
North Pennsylvania RR—
Gen g 3 3-10s 1953
J&D
N'western Term Co 5s 1948-F&A
N'western Term RR 5s Apr 1977.
Norwich & Worcester 4 M® '47M&S
Ogdensburg & Lake Champlain—
1st guar g 4s 1948
J&J
Ohio Connecting 4s 1943
M&S
Ohio & Little Kanawha 5s '60 M&S

67

56%
48 %
48%

O—J&J
D_.. J& J

106
104
95M
86 M

C...J&D
J&D

1st 4Mb series D 1977

Port Reading 1st gu 5s 1941.. J&J
Portl (Me) Term gu 4s 1961-J&J

45 Vs

B—J&J

Ref & Imp 6s 2047 ser
Ref & Imp 6s 2047 ser
Ref & imp 6s 2047 ser
Eq tr 4Ms 1940 (yr)

42 %
42M

Pitts & West Va Rj 4 Ms '58A J&D
1st M 4Ms 19
•« B....A&0

Norfork & Western Ry—

Bonds

Ask

Bid

Bonds

Ask

Bid

Bonds

"f" end Income and defaulted bonds
the month preceding the date of issue

i

r

JAN., 1940]

RAILROAD

NOTICE—All
.

Bonds and Stocks

Bid

38%
18%

Ask

19%

22%
41

43

13

16

38

12

9%
9%
9%
9%
9%
9%

9

9

Certificates of deposit
Ref & gen 5s 1980 ser D..A&0
Certificates of deposit
Warren 1st ref g 3%s 2000.-F&A

9

9%
8%

'

47%

7% preferred

•

83 X
87

A..J&J

Eq tr 4%s E 1940-1941—.J&D
Eq tr 2Kb 1940-1946
J&D
Eq tr 2s G 1940-1949.

1.50
2.00
2.25

West N Y & Penna 4s 1943. A&O
Western Pacific RR Corp—

M&S /

18
18
4.00

Western Ry of Ala 4 %s '58..A&O
Wheeling & Lake Erie RR—

1.75

Eq tr 2Ms F Nov 15 '40-'45
Wheeling Term 4s 1940
F&A
White & Black River Valley—

Special

18%
19

1.25%

95

95%

Erie common..

107%

4%

18%

19

15%

/
/
/
/

18

6%
9%
8%

6
8

7
31

1st gold 4Kb 1943
J&J/
Yosemite Valts t g 5s 1936—J&J /

9%
16%

1st

17%

50

85
68

120%

88

71%
125%

"I

10%

IV

Illinois

&
73

22%

5%

1%
1%

1
16

5

8
5

2%

5

17%

IV

50

1%
23
40

41

50%

4%
52

100
50
50

3

"3%

& Genesee Val RR
(gu)-100
Rome & Clinton
(guar)
..100
Rutland 7% preferred
100

Rutland & Whitehall (guar).. 100
St Joseph South Bend & Sou—
Preferred
St Louis

90
46

48

35

36%

100

5% preferred
6% prior preferred

100
100

Massawippi Valley (guar)

100
100

Mill Creek & Minehill Nav
Mine Hill & Schuyl

(gu)25
50

Hav(gu)
Minneapolis St P & S S M—

2%
2%
2%
2%
3%

4% leased line ctfs

100

Mo-Kan-Texas RR com.
7% preferred series A
Missouri Pacific com
5% conv preferred
Mobile & Birmingham—

~3"
19

39%
4%

500

21

24

55

61

67
900

700
36
36

6%

non-cum

...100

5% non-cum preferred
100
Saratoga & Schenectady (gu)-100
Schuylkill VaUey Nav & RR(gu)50*
Seaboard Air Line common
*
4-2% non-cum preferred
100

Shamokin Vail & Pottsv
(gu)—50
Sharon (guar Erie)
50
Southern Pacific Oo
100

6%

non-cum

preferred

...100
100

Mob

& Ohio stk tr ctfs
(gu)-100
Southwestern of Ga (guar).—100
Stony Brook (guar)
100
Sussex (guar D L &
W)
50
Syracuse Bing & N Y (gu)_..100
Tennessee Central
*
Preferred
H00
Texas & Pacific Ry
100

1

Preferred (guar)
Valley RR (N Y) (guar)

y>

50

28

30

16

6%
16%

25

26

6%

21
65

180
40

♦

■t

No par value.
Ex-dividend.

sV

$ Quotations represent dollars

1%




b Basis.

40

4

133

66%
%

k

88

93

34

36

%
1%

%
1%

60
27

14%
19%

IV
33

P
37

65

10"

8

120

*8"

6

80

85

fV
45
130
94

13

133

95%
88

86%
234%

240

tv

53
15

44
86

53

62

176

181

cum

w

i

58

80

44

preferred

100

45%

100
100

non-cum

preferred A
pref B._ 100
Ware River (guar)
100
Warren N J (guar D L &
W)..60
West Jersey & Seashore
(gu)__50
Western Maryland Ry com
100

132

137

33

Ry

35

1

1%

non-cum conv

preferred

4%

non-cum

100
2d pref

Corp

6% non-cum preferred...
Wheeling & Lake Erie Ry_.

V
SV

22%
52%

54

SV

60

100
100
100

7

100

40

100
100

80
95

25%

4%
7%

%

5%%

$100 face amount.

1%

17

14
36

129i%
64%
%
%
2%

4% prior lien

per

42

38

40

Wilton (guar Boston & Me).. 100

Canadian Pacific
25
Caro Clinchfleld & O (guar)..100

69

55

82

Western Pacific RR
5

48

21

40
53

1st

2

19%

100
100
100

Vermont & Mass (guar)
Vicksb Shrevep & Pac

5%
5%

V

Ry
10

__

Utica Chen & Susq Val
(gu)-100
Utica Clinton & Bingham
(gu)100

New preferred wi

2

50

100

50
Tunnel RR of St Louis
(guar) .100
Union Pacific common
100
4% non-cum preferred
100
United N J RR & Canal
(gu).100

6%

37

3%

45

preferred—...100

St Louis Southwestern

New common

%

100
100

15%

„

38

1*

56

(guar). 100
5% non-cum pref (guar)...100
Virginian Ry common
100

"7"

45

1

Montgomery & Erie (guar)
Morris & Essex (guar)...

57%
16%

50

1

4% non-cum pref (guar)—100
Mobile & Ohio—See Southern

25

20

6%

100

2d preferred (guar)
100
St Louis-San Francisco
Ry... 100

Wabash

100

Mississippi Central

80

57%
15%
450

.100

Troy & Bennington (guar)
Troy & Gr'bush (gu N Y C)

50

100

(guar)
(guar)

Bridge 1st pref (gu)__100

.......

99

Michigan Central (guar)

10

36

3%

97

:*

"3"

28'

7%

8*

172"

15

64

Southern Ry common

15

...

Mains Central

2

25

6%
17%

100

42

lid"

55%

100

Common

17%
26*

39
180

Lykens Valley RR & Coal (gu)_20
Mahoning Coal RR
50
Pref (guar N Y Central)
50

100

.

100

80

2%
2%

2%
1%
2%

3

45"

150
43

151" Roch

2

4

Louisville & Nashville

2

2

1

ifK

66

100
100

2%

147

Ooaligu) 50
Louisville Henderson & St Louis—
Preferred (guar)
100
Louis & Mo Riv pref
(guar).. 100

52

31

2%

100

100

W*
24

Spec gu-r betterment stk.
Lit Schuvl Nav RR &;

13

12%
51%
29

2%

5% class A
100
1st
8% class B
100
1st
7% class O
100
1st
10% class D
100
1st
4X % class E
100
6% non-cum pref stamped. .100
Boston & Providence (guar)-.100
Boston RR Holding pref..
100
•Camden & Burl Co (guar)
25
Canada Southern (guar)
100

60

12%

Lexington Union Station—
Preferred (guar)
...100
Little Miami original guar
50

69

100

pref
pref
pref
pref
pref

60"

57

116%

Youngstown & Ashtabula—

%4% 111 Cent stk ctf 1952..1000
Reading Oo
50
4% non-cum 1st pref
60
4% non-cum 2d pref
50
Rensselaer & Saratoga (guar) .100
Rich Fred & Potomac—
Dividend obligations
100
7% guaranteed
100

70

56

33%

115
260

78
100
150
168

„

88

28

-18

41

(guar) 100

&

100
100

com

Lehigh Valley..
Preferred

Unstamped—

1st

67

33
•

43

Prov & Worcester
(guar)
Railroad Securities Oo—

V

2%

100

Lake Superior & Ishpemlng

7X

9%

69

it*

4% non-cum preferred.. ...100
Lackawanna RR of N J (gu).-100

27
8

J-*

49

63

22

100

66

46

3%
11%
27%

Preferred (guar)
100
Pittsfield & No Adams (guar).100
Portland & Ogdensburg

35

22

100
100
100

Pitts

23%
2%

50

(gu)__100

37

[63

23%
1%

50

7 % pref (guar Pa RR)
100
ttsburgh & Lake Erie
50
Pittsburgh & West Virginia.-.100

%

25

21%

2

5%

40"

104

100

Pitts Cin Chic & St Louis
(gu) .100
Pitts Ft W & Chic com

55

59

68

61
78

2

90

22

5%

1

54"

9

37

1

Piedmont & Northern
Pgh Bess & Lake Erie (guar)
Preferred (guar)

%

Stk tr ctfs—See RR Securs Co

136

66

40

K O St L & Chic—Pref (gu)._100
Kansas City Southern new
*

18

4% non-cum pref
100
Bangor & Aroostook com
50
5% conv preferred
100
Beech Creek (guar N Y O)
50
Belgian National Rys Co—
American shares partlc pref
Boston & Alb (guar N Y 0)—100

36

22%

167

50

100

Marquette Ry com
100
5% preferred
100
5% prior preferred.
100
Peterborough (guar)
100
Phi la Germ & Norris
(guar).. 50
Phila & Trenton (gu Pa
RR).100

4V2

42

_

30

Pere

21%
5%
42%

Joliet & Chicago (guar)
.100
Kal Allegan
Gr Rap (gu)..100

65

Augusta & Savannah (guar)..100

4

23%

133

Avon Gen & Mt Morris (gu).100
Bait & Cumberland 7% gu
50
Baltimore & Ohio common
100

10C
100

Central

Internat Rys (Cent Am)
5% preferred

50%

Atlanta & West Point
100
Atlantic Coast L Co of Conn. .50
Atlantic Coast L RR com
100

*

Non-cum 6% pref series A..100
Leased lines (guar).
100

50

23%

*

6% preferred
Hartford & Conn Western

13%
11%
11%

11

(guar).. 10

Gulf Mobile & Northern com.100

42

13%

100
100

Iron Ore Prop trust ctfs
Preferred (capital stock
Green Bay & Western
Greene (guar D L & W)

77%

50

100
Albany & Susquehanna (gu)._100
Albany & Vermont (guar)
100
Alleghany Corp common
—*
5%% pref (with $30 warr)_100
5% % pref (with $40 warr)_100
5%% pref (without warr)..100
2 % % prior conv pref
*
Allegheny & West (6% guar) .100
Atchison & Eastern Bridge
100
Atchison Topeka & Santa Fe.100
5% non-cum pref
100
Atlanta Birm & Coast pf (gu)-100
Atlan & Char Air L (guar)
100

2%

100

preferred

2d preferred
Goshen & Deckertown
Great Northern Ry—

STOCKS

Alabama & Vicksburg (gu)

Pennroad Corp com
Peoria & Bureau Val
(guar)
Peoria & Eastern
.;

75

non-cum

1st preferred.. 100
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 & Bank Oo (gu).100
Georgia Sou & Fla common
100

25c

30

4%
5%
5%

135

non-cum

4%

73
20

20

48

6% pref.100

6% non-cum preferred
100
East Mahanoy (guar)
..50
East Pennsylvania (guar)._..- 50
Elmira & W'rasport (guar)
50
Preferred (guar)
50

89

el*
7 \*
90

4

80

76"

86%

Jk*
60

37

20

70
92

111%

150
73

33

84

45

F&A

111

85

37

100

29

217

100

2%
3%

Dover & Rockaway (guar)—100
Duluth South Shore & Atl—

^

2l5"

(gu)_100
Ogden Mine RR (gu On N J)_100
Old Colony (gu
N\NH&H)__100
Certificates of deposit

34->

Detroit Manufacturers (guar) 100

24

%

100

Oswego & Syrac (gu D L & W) 50
Passaic & Delaware
(guar)
50
Passaic & Del Exten
(guar)..100
Paterson & Hudson River
(gu)_50
Paterson & Ramapo
(guar)
50
Pemigewasset Valley (guar).. 100
Pennsylvania RR
50

81

preferred

52%

Ontario & Quebec
(guar)

35

non-cum

49%
«%
1%
%

100
..100

38

78

4%
101a

12%

F&A

M&N

Common

5

Detroit Hillsdale and
Southwestern (guar)
100
Detroit & Mackinac Ry——100

Worcester & Conn Eastern Ry—

7% prior preferred
Stamped—

4

100
Delaware Lack & Western.— 50
Delaware (guar Penn)
25

preferred

20%

110%

68

70

5%

Wilmington & Nor 4X» '77.. J&D
Wilmington Ry Bdge 5s '43.A&O

pref 10% class D

100

preferred..100
preferred ..100

Denv & Rio Gr West

12%

non-cum preferred

guar

non-cum

Delaware & Hudson Co

4

Wilkes-13arre & Eastern—
1st guar g 5s 1942
J&D
Willamette Val Southern Ry—

1st

76
47

Dayton & Mich com (guar)
50
Preferred (guar)
—50
Delaware & Bound Br (guar) .100

104%

1st pref 4X% class E

122

Conn & Passumpsic pref (gu)-100
Consol Rys of Cuba 6% pref. 100
Cuba RR 6% non-cum pref. .100

3.00%

25

M&N

6%

100

100
7%.50
4%..----50

pref (gu)

4% 2d non-cum
Columbus & Xenla (guar)..—50
Concord & Portsmouth igu)_. 100

101%

1st 5s 1980
-J&J /
Wichita Falls & Southern—
1st 5s extended 1948
J&J
Wichita Union Terminal Ry—

1st pref 5% class A.;.
1st pref 8% class B
1st pref 7 % class O

132

4% 1st

114

common

37

Colorado & Southern

109
110

50
50

North Pennsylvania
(guar)
50
Northern Cent (guar Pa RR). 50
Northern Pacific Ry
100
Northern RR of N H (guar)..100
Northern RRofN J
(guar)
100
Norwich & Worcester pf

105

1.50%
1,75%

18%
19%

37%

Ry
100
Adjust 4% non-cum pref
100
No Carolina (guar Sou RR)._100

115

(guar)

♦

100

Norfolk Southern
Norfolk & Western

35

non-cum

conv

76"

2*

100

7%

101

5%

73

100

N Y Ontario & Western

113

Cleve & Pitts (gu Pa RR)

20

100

1*

100

88%
1.00%

90

1st consol gold 4s 1949...M&S

6% preferred series A
N Y & Harlem com
(gu)
10% non-cum pref (gu)
N Y Lack & West
(guar)

88

Cin Union Term 5% pref

107%

Equipment trust 5s

New York Central RR
N Y Chic & St Louis com

86

84

23%

2%

20
100

Common

Western Maryland 4s 1952.A&0

45

2%

100
100

Preferred

57

43
21

1%

Clearfield & Mahoning (gu)—50
Cleve Cine Chicago & St Louis—

51%

47

25

2

93

58

75
45

New London Northern
(gu)_-100
New Orleans Great Northern. 100
New Orl Texas & Mexico
100

4l"

,

Common

1st g s f 4s 1990..
A&O
West Fruit Exp—See Gr Nor

95

60

Preferred (guar)
100
Cln New Orl & Texas Pacific—

109 X

34

Nashv Chatt & St Louis
100
Newark & Bloomfield (guar)-.50

41%

93

Ask

25

N Y New Haven & Hartf

Cincinnati Inter-Terminal—

108

29

Original (guar L& N)
Unstamped (guar L & N)

"4%

4%
41%

38

Bid

100

20

Pacific—

6% preferred

49 %'

A1 Great Southern com....
Preferred

(guar)
—.50
Chicago Burl & Quincy
100
Chicago & Eastern Illinois—
6% preferred—
100
Chicago Great Western com.. 100
4 % preferred
...100
Chicago Ind'polls & Louisville 100
4% non-cum preferred
100

Par

Nashua & Lowell
(guar)
Nashville & Decatur—

5%

5% non-cum preferred
100
Chicago & North Western
100
7% non-cum preferred..—100
Chic R I & Pacific common.-.100

100

West Shore 1st 4s 2361
J&J
West Virginia & Pittsburgh—

4%

Stocks

Essex Exten (guar). 100
Mt Carbon & Pt Carbon
(gu)__50

Morris &

Common

75

45

Hill

Chic Milw St Paul &

34

—

100

Preferred series A

9

1951

19

Chestnut

9%

Winston-Salem Southbound—
1st gold guar 4s 1960
J&J
Winston-Salem Terminal Co—
1st s f guar 3%s 1970
M&S
Wisconsin Central Ry—
1st gen g 4s 1949
J&J
Certificates of deposit
1st & ref 4s 1959
-A&O
Sup & Dul Div 4s 1936—M&N
Certificates of deposit......
Marshfield & S'eastern div 4s

40

18

41%

11%

gen 5s 1976 ser B..F&A
Certificates of deposit
Ref & gen 4 %s 1978 ser O. A&O

Qg 1939
Wilm & Newborn 4s 1947

38

DL & W)_30

Jersey

100
Chattahoochee & Gulf (guar) .100
Chesapeake Corp
-*
Chesapeake & Ohio common—25

45"

Ref &

1st g gu 4 %s 1941 opt

40

Central of New

9%

1st M 5s 1946 series A..
Assented 5s 1946—...

Ask

38

Cayuga & Susq (gu

39

9

1st & ref 5%s 1977.ser

Bid

Stocks

25

Washington Central Ry—
1st 4s Mar 1 1948
Q-Mar
Washington Co Ry 1st g guar
3%s Jan 1954 opt 1924.—J&J
Washington & Franklin Ry—
1st extend 4%s 1954
J&J
Wash Term Co—3%s 1945.-F&A
1st gold 4s 1945 guar
F&A
Washington & Vandemere—
1st 4%s 1947
F&A

Par

Catawissa RR 1st pref (guar)..50
2d preferred (quar)
50

Ref & gen 5%s 1975 A—M&S
Certificates of deposit..

Boston & Maine

71

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

Wabash Railroad Oo—
1st gold 5s 1939
M&N
2d gold 5s 1939
F&A
Deb mtge 6s series B 1939. J&J
1st lien term gold 4s 1954.J&J
Det & Chic ext 1st g 5s '41.J&J
Des M Div 1st g 4s 1939--J&J
Toledo & Chic 4s g 1941—M&S
Omaha Div. 1st 3 %s g '41. A&O
Wabash Railway Co—

RAILROAD

BONDS

bond

"I"
70
90

30

cum

preferred

/This price includes accrued interest.

* Last sale.

n

97%

Nominal.

All bond prices are

NOTICE

Quotations for all

Per

Adams Express com
Ooll trust 4s 1948-

83*
1032*
103 X

M&S

Coll trust 48 1947--——

8X

AA

AA

12.41

10.07

3.69
101

101)*
23*
193*
%

preferred—

Warrants-----------—-----

(Mara)—Deb 4)*s with com shs 1967-—
Aldred Investment Corp (Can)—
Deb 4 Ms with com shs 1968— Alliance Investment com
— *

4.03

101)*
102 X
2X
20

2*

17)*

Domestic

101)*
6)*

Amer

3.36

10c

Capital Corp A

10c

Clara B

—13

6

1

A—

preferred-^——-——

Jlrterft-LrciA:::::^
div
25
Class A

ser w w

opt

Clara B

1
partic pref——1

—

Amer Elec Sec

3.72

13*
3*
--.-19)4
70)*
312*
2834
IX
12*

2X
X
-21—

—M&N

103

American General
S2 preferred

Equities Ins..-25c
Amer International Corp
--*
Conv 534 s 1949
J&J
Amer Insuranstocks Corp
*

-

745
4

32*
242*

25)*
31

37

35

.39

Amer General

American

-

-

30

1
1
———1

$3 preferred

-

676

— -

Corp—...10c

$2M preferred

6

1032*
32*
41)*

.44

62*
104)*

Fixed Trust Shares series A

37

Class B

■m
47

%

~82*

47H

•••••••••••I
com..50

ox

-.50

1434

..—10
*

6% profit share deb

1956--Q-J

conv

10

212*
56)4
1024
12*
1)*
4024

15.98

Boston Fund Inc

17.18
15
.27

*

132*

1

.12

Broad St. Invest Co Inc

6

24.29

Brooklyn National Corp

__5

Boston Personal Prop Trust
British Type Investors A

.__..-*
25

25.98

■

100)*

3.50

4.10

Deb 5s series A 1958
F&A
Capital Administration cl A
1
$3 cum pref series A
10
Carey Trust of NY
*
Original
100

59

preferred
*
Cent Invest Corp 5-6s '57-.A&O
♦Central Nat Corp class A
*
—*

♦Clara B

♦




Railroad

3.50

Railroad equipment
Steel stocks

7.17

3.80
7.76

7.26

7.86

74

12*

Niagara Share Corp (Md)—
Conv deb 5)*s 1950——M&N
Class B common
5
Class A preferred.....
100
North American Bond Trust Ctfs

iNorth Amer Invest Corp com. 100
Collateral 4s 1951—
J&D

6.16
5.21

8.78

9.54

2.97
2.67

10)4
102*
101)*
17

Common

6.47
7.45

Electric Equipment
Food Shares

8.84

Oilstocks Ltd-

Oils &

1
1
5
10

Industries com

Preferred

89

Railroad

4.33

4.72

26

Steel Shares

5.62

6.12

Overseas Securities Co

Tobacco Shares

5.13

5.59

34
134

X
2X
2*
42)*
834

Deb 5s April 1 1948
Pacific Eastern Corp.*
Pacific Finance Corp (Calif)

8X
26)*

2

E) common
Preferred w w

25
Preferred x-w
25
6
4s with warrants 1946---A&O
*
11.63 Household Finance com
5% preferred
100
134
♦Huron Holding Corp
1
36)*
2.800 Hydro Elec Sec com
*
umtnating & Power Securities—

24

...

12*
352*
2.770
136

60"

1st

101

104

101

97

104
99

97

99

97

99

100

47 X
103

5234

.08

1
100

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...l
International Holdings & Inv—.*

10IS

522*
110 X
1)4

3.56

3.87

92*
1.09
1.34

ff

International Utilities class A.__*

18
30
42

14)4

1524

"8)*

"§j*

12*

by sponsor or Issuer.

No par value,

9
19

18

32)*

bi

.

5s coll tr BBB

*

6

8)*
X

,

_

e

-

-

*

A&O

Pacific Investing Deb 5s 1948
Pacific Southern Invest pref
Class A

....

Class B__—

1

10
J&J
*
*
*

8X
3H
99
99

172*
3
75
4

113*
922*
30

7X

~8"
5
6
._*
35
$3 conv pref class A
10
.41
Plymouth Fund Inc
10c
Provident Loan Society 6% ctfs.. / 113
Prudentia" Tuvestors_..
*
6X
93)*
86 prefers i
*
100
Pub Util Investing 5s 1948.A&0
Pub Util Sec $7 partic pref..
*
14.05
♦Putnam (Geo) Fund
8.20
Quarterly Income Shares....-10c
100
5% deb series A 1942
M&N
Railroad Employees' Corp—
8
Class A common..
*
10 X
Preferred
*
8X
Railway & Light Securities com_*
104
Conv coll4)*sser "11"'55 A&O
X
Railway & Util Invest A
-.1
3 34% preferred
*
Reliance Internat Corp com A 10c
10.70
Representative Trust Shares—10
.24
Republic Investors Fund
55
Reynolds Invest 5s 1948
A&O
Common stock
1
/*«
10
$6 preferred
*
Rossia International Corp......*
%
20c
Royalties Management A
♦Schoellkopf Hutton and
X
Pomeroy Inc common
10c
85.04
♦Scudder, Stevens & Clark Fund13 X
Seaboard Commercial
10
36
5% preferred
50
Continued on page 84

Petroleum Corp of Amer
Phoenix Sec Corp

5%

90c

4

$1.75 preferred
*
$3.50 prior preferred
*
k
Warrants series of 1940——
Interstate Bond Co—
434s coll tr AAA 1940-43—A&O

1944-51—-A&O
4s coll tr CCO 1939-42—M&N
Invest Bond & Share 5s A'47. J&D

1.48

6

—1

Class B

1.21

::::
60c

New common—..—-——

34

34

17.54

*2"

1

Bank Group shares
Insurance Group Shares.....-

47)*

163

100

Institutional Securities Ltd—

105

29

3

97
16.31
2.30

5

Preferred

114
.28

—

_

5

Industrial Finance vtc

104

69

2

Independence Trust Shares.....♦

Independence Fund of N A
101

102 X
68

1102*

100

preferred
Investors

Incorporated

52"

29
Dec.
2

2.91

Corp
*
Northwest Bancorporation
*
Ohio Finance Co. 43*s 1949-F&A

Northern 111 Finance

5.94

Heller (W

30

1

6.85

41*

2934

26
2.45

1

Chemical Shares

1948

«8*
93
472*
334
92)*
28)4

1

Building Shares

$3 2nd preferred
Debenture 5s series A

103

*

1953
73

1958

*
*

9934
100

99)*
r

Ex-coupons.

57

34

Aug.

7.99

North American Trust Shares—

43"

71

100
100

6% preferred
534 % preferred

67
41

.

30
3

...*

Quotations not furnished

Ex-dividend.

8.35
8.61

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

86

50

x

WB

8.62

Oils

6.50
4.80

5

—-100

382*

9.39

7.72
7.96
7.38

....

5.97

80
10.75

1935—M&S

10.88

.....

-

4.40

48

♦0% preferred....
Corp Securs 5% ctft

7.97
9.99

Metals..

5.35
1

Aviation Shares

27.24

Preferred
-1
Consolidated Invest Trust com.l
Consumers Credit Serv 6s 1962
Continental Securities Corp—
Debenture 5s May 1 1942— - /
Continental Shares common——*

10.16

Petroleum Shares

25.33

$4.25 conv preferred
*
Commonwealths DIstrib'n Inc—1
Commonwealth Investment....1
Commonwealth Securs common. 1

6.83

9.40

Com.-*
1947
Debenture 4)*s Dec 15 1952
Old Colony Trust Assoc
*

107

4)4% conv preferred

8X
78

1

12.26

8.68

Old Colony Invest Trust
Debenture 4 )*s Feb 1

100

Commercial Invest Trust

4.92

5.66
4.78

—

5.88

6.30

Oklahoma Southern Trust

2)*
2%
■2%

7s series D 1956
Q-J
6s series AA 1953-.-.Q-F
6s series AB 1948
Q-M
6s series AC 1952
Q-J
Commercial Credit common.
10

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

Insurance

12*

$6 1st preferred

8.58

HI

......

Electrical equipment

33.04

15

Guardian Investors com—

1.41
13.91

11.35

1

5.91

2

62*
1.26
12.91

—

Machinery

Equip Shares

6.45

Building supplies

97

Shares

20
59

Chemical

30.73

r

6.06

Bank stocks

104

r

56

5.42

Automobile
Aviation

—

-

132*
1534
92)*

7.93

————

3.45

100

Preferred

—

11.65

3.84

Voting shares
New England Fund..
New York Stocks, Inc
Agricultural

5.43

'

15

...

3.16

X
OX

13

90)*
192*

4.48

92

10.66

100
*
Nat Indus Loan 7s 1957—Q-Jan
National Investors Corp
1
Nat Republic Invest Trust—
conv pref stamped
*
Nat Trust Shares liemodifled
1

62*
10334

75

A&O

10

....5
*

com

Investing Shares
Merchandising Shares
Mining Shares

Cleve Securities 4-6s to 1943.J&J
Collateral Bankers Inc—
7s series A & B 1950
—Q-F
7s series C 1959--.4
Q-M

City Investing Co

62*
102

13

Corp 4)*s 1959
Group Securities, Inc.—
Agricultural Shares

Invest

3)4
95)*
2*
624

%
834
334
3 34
3)4

Chicago Corporation
Convertible preferred
Christiana Securities com—-100
Preferred
....—-.100

1956

25)*

5% preferred ser A w w
Nat Bond & Share Corp

5.93

73

80

234

7^

'

5.24
4.71

*

8*-

75

1
-100

Chartered Investors common
Preferred.

Chemical Fund

47

1

...

Century Shares-Trust

19.32

8

95

9.61
4.89

._*

7% preferred
Conv preferred
Conv pref series of 1929
6 % cum preferred

4.80
"

Automobile Shares

52*
3834

100
100
100

Central States Electric Corp

17.77

German Credit & Investment—
Pref allot ctf 25% 1st pref--*

60 34
6

conv

45
4.25

Gotham Credit class B
Great Britain & Canada Invest¬

99 2*

$1.50

10.27

18X

11)4

5s series A 1959
A&O r
Canadian Invest. Fund, Ltd—1
Canadian Pow & Pap Invest Ltd—

Cent-Illinois Securities Corp—1

3.34

1734
134

13 X
X

9)*

2.77
3.72

2.50

*

ment

Carriers & General Corp
— 1
Deb 5s with warr 1950--M&N

1724
7.88

60c

24

Nation Wide Securities Co..-25c

20.72

15)*
7.12

Gen Shareholdings Corp com—1

Gleneagles Invest 5s June 15 1944
Globe Indus Loan 6s 1955
J&J

72*
93

National Bond &

2*
37X
982*

15

3
40c

M&S

Mutual Investment Fund
National Aviation com

-—*

pref ww

4i

(N Y)_10

27

1
.*
*
J&J
1

i conv

•

3M
28.)*.

1
25c

1947

27"

19.25

Warrants

Conv deb 5s 1953

A

10

Morris Plan Indus Bank

""2*

Gen'l Realty & Utilities com
3 preferred

x-w

*

.M&N r

Preferred

60
45
1«4 Nov. 30

General Investors Trust
General Public Service Corp

22*
36

50

—

26

1

Corp

25

Canadian Internat Inv Trust—

\

Invrajbment
$6 preferred

22

1

Bullock Fund Ltd

Burco, Inc common
$3 conv preferred

General

4%
5.10

(Mo)—

Monroe Loan Society class
Morris Plan common.

1

$6 preferred

12*
12*
3934

common...—1
-100

preferred

24$

Investors

Common

108

106

-—1

Blair & Co.!

$3

8*

*
*

$2.50 prior preferred
Beneficial Loan Society com

5)4
1634

Midland Invest Corp
3s 1953

~6"

26

$6 preferred

4.01

4

American

preferred

Partiepreforred—

-12.81

20

*
*
Deb 5s Feb 1 1952
F&A
General Capital Corp
*
Gen Finance conv deb 5s *51 -J&D
General

5 % conv partic

4.57
70c

20.97

Merchants & Mfrs Sec A com__. 1
-

11.57

6.95

Massachusetts Investors Trust-.1
Mass Utilities Associates vtc
1
-

15.26

26

5
10c

Maryland Fund Inc

19.27

7.30
15.77
10.85

222*

1

Marine Midland Corp

X
173
173

2834
83)*
29.29

2
*

Class A

97)*

95
12

Lehman Corporation
Manhattan Bond Fund Inc

Sec 6s

Foreign Power Secur Corp—
1st colltr conv 6s A 1949—J&D
Foundation Trust Shares ser A..1
Fundamental Investors Inc
2
Fundamental Trust Shares Inc—

5)*

52

24$

10c
10c
10

JX

10

Lawyers Mtge Inv (Boston)—
1st 5 Ms series B 1945—
M&S f

524
2634
82)*
27.24

...

53

42*
35)*

Bankers Securities Corp

Basic Industry Shares
Beneficial Industrial Loan

6.64

....

Series S-4
Larkins Warr Trust

Fund, Inc.—

Insurance stock series

Bankers National Investing—

Blue Ridge Corp

First Mutual Trust Fund
Bank stock series

—

6% preferred

15.77

14.40
9.85
13.85
10.46
4.06
35c

Series 8-3

6.70
1.36

90

Empire Capital Corp A
-5
Empire Power Corp partic stk. *
$6 preferred-..*
Equitable Invest Tr (Mass)----5
Equity Corp common
10c
)3 conv preferred_1
Family Loan Society common._*
"1.50 preferred series A
*
.1.50 preferred series B
*
Fidelity Fund, Inc
*
♦First Boston Corp
10

28

50

50

^01&8S At

23.22

14.38

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

Series K-2

31X

17.94
11.93

Economic Inv Tr Ltd 5sA'57M&N

Fiscal

4

50

-100

Option warrants.

26.34
21.19

Series K-l

jLJLZ

*

.ft

40

Series B-3—................
Series 13-4

Howard Management

42)*

134

Atlantic Secur 4 Ms A 1953-A&0
Atlas Corporation common—...5

0% preferred

%
37)*

28.82

Series B-2

17.92

24

51

50

Associated Gen Util com v t c_ - - *
Inc deb 5s w w 1956
M&N
Income deb 4s 1961
M&N
Associated Stand. Oil Shs—.—.2
Associates Investment Co—.—*

5% preferred

4

25

Series B-l

1634
1634

27

Investment (111)——*

$2 preferred
5% conv preferred

Keystone Custodian Fund—

94

*

30

12*
3X

/

$7 preferred series A
*
$6 preferred series B
*
Ea<*Util InvaeUJehSs1954.M&S 15
Fund A-l
Series F_..__..____

6

103

...

Eastern States Corp com

Baton &

76

Shares

Dominion-Scottish Invests Ltd—
1st coll 48 series A 1952
J&J r

33

5

American European Secur———*
Coll tr s f 5s 1958 ser A—-J&J

5s series B 1958Amer Foreign Investing

15"

2834
48

Dividend

192*

Shares--———

Amer Business

Finance pref
*
Domestic & Foreignln5)*s47F&A

...

shares

ntt

%

35)*

3.85
5.95
1.24

D

Ask
share

18

25

Series S-2

1
...2.50
25c

C shares--.—

100)*

F&A

Amer Business Credit

18 X

10.78

1

Investors Trust common
—25
Preferred
25
Italian Superpower Corp A com.*
Deb 6s 1963 (ex-warrants..J&J

31X

10
2924
♦8% preferred
100
11534
Credit Service deb 6s w w *48-Q-F /
13
♦Crum & Forster Insursh B_.
10
33)4
•7% cum preferred
100
112
Cumulative Trust Shares—
—*
5.10
Delaware Fund
16.58
Deposited Bank Shs N Y ser A. 1
1.55
Deposited Insur Shs. ser A
1 z
2.89
Series B
1 x
2.53

3* Dec. 27
Dec. 27
4

Corp—

Deb g 5s 1953

Royalty..

Preferred

♦Crum & Forster Inc com..

IX

1

Continental-—

Amer British &

Investment Co of Amer
.—10
Investors Fund of Amer Series Ol
Investors

Diversified Trustee Shares—

36

com—*
convertible preferred-——-*

♦Amerex Holding

44

43

Allied Int Investing Corp

$3

Bid

Par

share

2.93
2.93

1
1

Bonds

_

Aldred Invest Trust

■

(modified)
(modified)

AGO

13.20

9.26

Securities
—Affiliated Fund com-------- 1.25
Sec conv deb 4s 1949-—J&J
Sec conv deb 434s 1949—J&J
Air Investors Inc
-—-—-*

Aeronatucial

--1

ana

Per

2.46
2.46

1

Accumulative series-.

Stocks

2.56

Corporate Trust shares old ser—1

105

Ivors

Administered Fund

Convertible

share

and income and defaulted bonds
month preceding the date of issue

Ask

Bid

Par

Per

inc5y2

F&A

434s stamped 1946
2d inc

Stocks and Bonds

Ask

Bid

Par

Stocks and Bonds

"and interest" except where marked "f'

securities are as near as possible for the closing day of the

9

f Flat price

A: Last sale,

n Nominal,

172*
3X

2»
94

31)*
8

~8X
6)*
36
.46
116

7

97)*

15.03

9.10
103
9
11
9

6X
11.20

.27
57

X
14

X
40c

1X
86.76

39"

r Canadian price.

I

Utilities

Public

(Includes street and electric railways, gas, electric power, water,

telegraph, telephone and bridge companies.)

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 & Issue

NOTICE—All bond

Bonds

Bid

Adriatic Electric Oo (Italy)—
Extls f 7s 1952
A&O

Ala Oas Co 1st M4H*

1951-F&A

80

83

101H

1st

5s

M&S

107

J&J
M&N

107

1946

104*3

107*4
107J4
104*4
10234
10534

J&J

103

10334

5s 1930--J&J

45

General 5s 1947
J&D
All America Sara
Corp—
Inc debs 4s wi 1969
Alliance Power 1st 6s 1952. .M&S
Alliance Pub Ser(Ohio)5s '57 M&S

42

1st & ref 4*3s 1967
J&D
1st & ref 5s 1968
M&S
Alabama Water Service Co—
.

1st M 5s 1957

Albany Ry 1st

ser

cons

A

Altoona & Logan Val Elec Ry—
1st coll 4s Jan 1 1954
J&J
Amer Commonwealths Power—

Deb g 6s 1952 ser A_
Deb g 5*3s 1953.
Oonv deb 6s

102

54*3

M&S
7s

1934-J&J

Amer G & E deb 5s 2028...M&N
Am Gas & Pow deb 3-5s '53.F&A
Secured deb 3.6-6s 1953
Ain Pow & L deb 6s 2016

30-year deb 3*4s 1966

J&D

63
6

106 %

50%
57 H

63*4

106*3
54

58*4
104*4
69

~60

93
9

108%
108 H
108%

109

Deb 6s

1975 ser A
Deb 5s 1975 ser B

M&N
J&D

M&S

Androscoggin W Pow 6s *45-F&A f
Appalachian Electric Power—
1st mtge 4s 1963
S f deb 4Ha 1948

F&A
F&A
Appalachian Power 6s 2024--J&J
Ardmore St Ry—See Phila Co
Arizona Edison Co—
Income 5s 1960
Income

6s

J&J

I960..

A&O

Arizona Power 5s 1950
1st & ref 4 Ha 1950.

F&A

F&A
Arkansas & Missouri Power Corp
5s series A 1957
J&J
Arkansas P & L 1st 5s 1956-A&O
Arkansas Western Gas Co—
1st s f 6s ser A 1953
A&O
Ashl'd Home Tel 4 Ha A 1961A&0
Ashtabula Wat Wks 5s 1958 _A&O
Assoc

Elect 4 Kg
5a Jan 1 1961

1953

__

J&J
J&J

F&A
M&N
F&A

107%
99%

50*4

107

12534

128

10434

102*4
107

99

101*4

105
67

59*4
68*4

32*4

34

31

28

21

Scrip 4s 1941
Scrip 4s 1942
Associated Gas & Elec Corp—
8s ex-warrants 1940
M&S
--

Conv deb 5%s 1973
Conv deb 5s 1973.-

F&A
-_J&D

25*4

20

25"
24
23

19
20

25"

3*4
4

4*4

4

5

15

19

13

17

94*4

97*4

64

59

61"

53

55

J&D
M&S

50

Income dob

F&A

30*4
27*4
25*4
24%

Income deb 4s 1978
Income deb 3 *4s 1978

M&N

Income deb 3 Ha 1978

M&S

A&O

3|*4
28
26*4
25*4

Assoc General Utilities—

Invosting Companies.
Associated Pub Utilities Corp—
A

J&J

Deb 6s series A 1958

M&N

ser

Associated Telep Co Ltd—
1st M 4s series B 1965../

Deb 6s series A 1941

77 H
62

M&S f

Certificates of deposit
/
Conv deb 5s series B 1942-A&O /
Certificates of deposit
f
Conv dob 5Ms 1944 ser C-M&N f
Certificates of deposit
/

71%

r

Called Mar. 1 at 105.

Payable in Canadian funds,




65

105*3

1st mtge 3*4s 19643s June 1 1940
3s June 1 1941

29

22

June 1 1943

108*3

110

100

M&N /
r

r

J&D

72*4

Bklyn City RR 1st 5s 1941—J&J
Certificates of deposit
Brooklyn Edison Co—
Consol mtge 3 *4s 1966
M&N
Bklyn-Manbattan Transit Corp
Coll trust 4%a 1966
M&N
Certificates of deposit
Coli trust 3s 1940
M&N
Coll trust 3s 1941
M&N
Coll tr series 3 *4s 1942—M&N
Coll trust ser 3%a 1943—M&N
Coll trust ser 3*4s 1944--M&N
Coll trust ser 3*|s 1945—M&N
Coll trust ser 3%a 1946—M&N

99*3

102

1946.

101*3

3*3s
3*3s
3*3s
3%s

J&D
..J&D
J&D
J&D
M&S

4s 1946.
4s 1948--.

•

85

83*3

84

87

89*3
85*3

83*3
82*4

82*4
82*4
82*4
82*4
82*4
82*4
82*4
82*4
82*4

/

83*4
83*4
83*4
83*4
83*4
83*4
83*4
83*4
83*4

Central N Y Power Corp—
Gen mtge 3*4s 1962
Central Ohio Lt & Power—
1st mtge 4s ser O 1964

Serial debs 1*3

to 3%

F&A 15 6100 to

1940-46

Cent Pub Serv Corp—
Conv dob 5*3s *49
F&A
Cent Public Util.(ws)inc5*3s_1952

1%
1*3

Central States Edison, Inc—
1st coll inc 3-5s 1950
M&S
Central States Elec Corp—
Conv deb 5s 1948
J&J

36*4

77

M&S 15

38

38*4
47*4

1st mtge 4s 1964
J&D
Cent States Pow & Lt Corp—
1st M & 1st lien 5*3s 1953-J&J

102

88*4

89*3

85

90

Debenture 5s 1944
____J&J
Cent States Utilities 6s 1938-J&J

38
36

43*3

41

40

88*3

89

Cent Telep (Del) 6s 1938—-M&N
Cent Vermont Public Serv Corp

42%
42*3

1st mtge 3*38 ser B 1966—F&A
Central West Public Service—

86
42

41*3
78*3
113*4
111*4
105

94*4

J&D

Deb 5*3s 1954

113*3
112*3
105*3
95*3

73-M
49*3
1*3
14

106*4

5*3s 1956
/
87*3
Charleston Cons Ry Gas & El
106
Consol gold 5s 1999
M&S
Charleston Transit Co—
1st 5s 1942
80
M&S
Gen & adj 5s 1952

M&S

66

112*3

112*4

108

108*3

101*3

103

80
Coll trust 5s notes 1942
M&S
Chester Water Service Co—
1st 4*3s 1958 series A
M&S t 102*3
Chic Aurora & Elgin RR—
1st & ref 6s 1951
J&J /
3*3

109

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

...

F&A

J&D

J&D

107

.F&A

Chic North Shore & Milw RR—
1st mtge gold 5s 1936
J&J
1st & ref 6s 1955
1st

118

-

72*3

122

74*3

& ref

ser

J&J

A

5*3s 1956
A&O
Chicago Railways Co—
1st 5s 1927 stpd as to 25% pt
—

103

red and

104

Certificates of deposit
Cons M 5s ser A Feb '27.-A&O

101*3
102*3

103*3
103*3

107

..A&O

105

102

Calgary Power 1st 5s 1960--A&O
1st s f 5s 1964
J&D
California-Oregon Power—■
Deb gold 5%s 1942
A&O

109

California Water Service—

t Called Jan. 22 at 104.
J Called Jan. 1 at 105.
x Called Feb. 9 at 102.

101

99*4

105*4

8934
8734

F&A

40

108*3

100*4

117

May 1 1943...
4s May 1 1944-..
4%s May 1 1945.
4%s May 1 1946.

A&O

Cent Pow 1st 5s 1957. ser D.J&J

Butler Water 5s 1957 A
A&O
Butte El & P 1st s f 5s 1951
J&D
Cairo Bridge 1st inc 6 Ms *58_J&J

4s

107

Central Power & Light Co—
1st mtge 3*4s ser A 1969--F&A

Burlington (Vt) G L 5s 1955.-J&J

3*4sMay 1 1942.

98

.

109*3

50

107

99*3

106*3
106*3

64

Niag Falls El L & Power—

May 1 1940
3*4sMay 1 1941

101

Central Maine Power—
1st & gen 4s ser G 1960
A&O
1st & gen M 3 *3s ser H '66.F&A
1st & gen M 3 *3s ser J 1968J&D
Cent Mexico Lt & Pow
1st s f 6s 1940
.J&J

105

B 1961

103
102

107

65

Gen&refM3*isserO 67-J&D
2s deb A 1910-1942
J&D

ser

,

102*3
104

104*4
101*4

Buffalo Niagara Electric

1st 4s

101
103

1st & ref 6s 1947 ser A
J&J
Central Kansas Pr 6s 1946--M&S

58

109*4

_

-

103

102*3

Cent Indiana Gas 5s 1957
Central Indiana Power Co—

59

3%a 1948.-M&N
3?|s 1949.-M&N
Coll trust ser 3%o 1950--M&N
Coll trust series 3*48 1951 _M&N
Brooklyn Queens Co & Sub
1st m g 58 1941 (stpd)
J&J
Certificates of deposit
1st con 5s July '41 (stp)._M&N
Certificates of deposit
Bklyn Un Elev 5s 1950
F&A
Certificates of deposit
Kings Co El 1st 4s 1949—F&A
Certificates of deposit
Nassau Elec 1st g 4s 1951.-J&J
■Certificates of deposit
1st 5s X 944
A&O
Bklyn Un Elev—See BklynQueens
Bklyn Un Gas 1st cons5sg'45M&N
1st lien & ref 6s '47 ser A
M&N
1st I ien & ref 5s ser B 1957 M&N

Serial 2%s

J&D
J&D
J&D
-_J&D
J&D

50

109"

1968--J&D

1940
1941
1942
1943

99*3
110

101

62*3

ser

lRt mtorp 4s 1966

100*3

4s 1945

100%

See International Ry

50

101
101

4s 1944

105

105

1947--M&N

1st gold 5s 1942
Buffalo Traction—

1946.

1

1st mtge 354s ser A

12

100*3

ser

Buff &

99*3

4s June 1

4s 1947-

J&J /

_

100
—

4s June 1 1949
Cent Illinois Light 3 *3s '66.-A&O
Central Illinois Public Service—

70

116

Bridgeport Gas Lt 4s 1952.-J&J
Brith Colum Pow 4 *4s 1960.M&S
British Columbia Telephone—

Coll trust

101

3*3s Dec 1 1944.
3*3s June 1 1945
3*3s Dec 1 1945

4s June 1 1947
4s Dec 1 1947

118

Coll trust

102 :

101*3
102

4s June 1 1948
4s Dec 1 1948--------

M&S
Brandenburg (Germany) El Pr—

3*|s

4———

100*3
1QQ.

4s Dec

7s Sept 1947

ser

—

?s TTec IT943

109

1939

98*3

101

■cu*.

3 %s June 1 1944

-105*3
108*4

5s

89

100

3s Dec 119413s June 1 1942
3s Dec 1 1942—

98"
94*3
98*3

93

100*3
100*3

49

J&D

f 6s 1953

J&D

1940

80

M&S

s

1

76

Boston Elevated Ry—
Deb g 4*4s Nov 1, 1941--M&N

Extl 1st

3s Dec

43

3s deb B 1943-1947
3 %8 deb O 1948-1952

40%
49*3

50
2-yr 6% notes 1933.
A&O / 139
Certificates of deposit
/ 139
Athens (Ga) Ry & Electric—
1st & ref s f g 5s 1950
J&J
105
Atlanta Gas L 5s g 1947
J&D
107%
Gen mtge 4 *3s 1955
M&S
10634
Atlanta Nor Ry—See Ga Ry & El
Atlanta Wat El & Pr 5s 1943 J&J
104%
Atl Beach Bridge 6%s 1942..F&A
101
Atlantic City Electric—
Gen mtge 3 %a 1964
J&J
106
Atlantic City Gas 5s I960—--J&J
88%
1st lien & ref 5s 1957
J&J
86
Atlantic City Sew'age 6s A'56 J&D
104
*

78*4

J&J t 105

Associated Telep & Teleg Co—
Deb 5 %a 19.o5 ser A
M&N
Associated Telephone Utilities—

104*3

scr

Cent Ills Elec & Gas Co—

.

Deb 5s 1950-.Buffalo General Electric—
Gen & ref 4 %s 1981

See

1st lien 5s 1947

135

13
1951-.J&D
1959--F&A "13 *3
Deb 6s Apr 1,1955-——A&O T
13'
Berlin Elec Elev & Underg Rys—
1st mtge s f 6*48 1956
A&O / 13*3
97*4
Birmingham Elec 4%a 1968.M&S
94*3
Birmingham Gas 1st 5s '59.M&N
4*4% extended 1§44
A&O

Coll trust

20

Conv deb 4Ha 1973
Oonv deb 4s 1973

4Ha 1978

115*4

133

1954 ser A
M&S
Bway & 7th Ave—See N Y Rys
Bklyn Borough Gas 5s 1967-F&A
Brooklyn City & Newtown RR—

Cons ref deb 4 Ha 1958—M&N
S fine deb 5s B 1983
M&S

Q-M
Q-F f

117

114*4

J&D

Berlin City Elect 6*4s
Sink fund-detr 6 %a

116*4

11634

1st & ref 5s

27

Oonv A 6s 2002

Berkshire Street Ry—
1st extend 6s 1947

115

1st 4*^8 series B 1961
Broad River Power Co—

8554
8634
104 %

27*4

Conv A 7s 2002

Central German Pow 6s '34-J&D /
14
Cent Hud Gas & Elec Corp—
1st & ref 5s 1941
J&D
104*3
108
1st & ref 3 %a 1965
M&S

West End St 5s 1944

27

Sf inc deb 4H-5H8 A 1986 F&A
8 fine deb 5-6s B 1986---M&S
Oonv A 5s 2002
Q-F

105*4

67

111*4
107*4

5934

100*3
103*4

1955 ser A
M&S
1st g 5s 1957 ser B
-J&D
1st mtge 5s 1960 ser C
M&N
Bell Telep Co of Pennsylvania
1st & ref 5s 1948 ser B
J&J
1st & ref 5s 1960 ser O
A&O
Bellows Falls Hydro-Elec Corp—
1st mtge 5s 1958
A&O
J&J
Bergen Turnpike 5s 1951

Deb g 5s Dec 1942.

101*4
10634

A '55 J&J

Central Gas & Elec 6s 1946-M&S
First lien coll tr 5*3s '46--J&D

Bolivian Power 8s ser A '45.A&0

8734

111

100

Cent El & Tel 1st 5s

103

100

A&O

8 fine deb 4 Ha O 1983—M&S
S f inc deb 4s D 1983
M&S

100'

99

108*4

39

4734

97%
106*3

Central Elec of N J 5s 1940--J&J

99*4

J&J

HO

2734
24%
24*4

J&J

65

1st mtge 5s ser A 1955

-J&J

M & coll tr 4s ser C '65—M&N

M&S

Oonv deb 4 Ha 1919
Conv deb 4 Ha 1948
Cons ref deb 5s 1968

55

Mtge&Coll tr3j4sser D'68 J&D
St&FulFy-See NY Rys
Bloomington Dec & Champagne
1st & ref 5s 1940
M&N

Associated Gas & Elec Co—
Oonv deb 5 Ha 1977
Conv deb 5s 1965-Oonv deb 5s 1950

105

Bleecker

Androscoggin & Kennebec Ry—
1940

103

50
85*3
104*3

Cent Ark Pub Serv Corp—
1st & colltr 5s 1948 ser A--F&A

109*3

A&O
A&O

M&S /

M&S
Cape & Vine'd El 4s A '65. --J&J
Capital Traction (Wash, D O)—
1st g 5s June 1, 1947
J&D
Carolina P & L 1st 5s 1956--A&O

98"

Blackstone Val Gas & Elec—

102%

Ana&Pot R RR-See WashRy&El
Anchorage Lt & Pow 7-5s'43 F&A
1st 6s

Bangor Gas Light 5s 1941-.-A&O
Bangor Hydro Electric—
1st mtge 3?4s 1966
J&J
Bear Mt Hud Riv Bdge Co—

96

108*4
108*4

Amer Water Works & Electric—

(

92

__

6*4

104%

A

32

1st g 5s

18

-.68
55"

American Toll Bridge—
5 *3a series D, 1945
F&A
Amer Utll Service 6s 1964-_M&N

Term 6 Ms 1951
Canadian Utilities Ltd—

98*4
101

Beaver Valley Water 5s '60-M&N
Bell Telephone of Canada—

H
H
H

-^™,^^™^Axn«EARy8 Corp coll .4 Ha'. 53*, A&O
Debenture 4Ha 196#
—A&O

Deb 6s 1938
J&D
American Telephone & Teleg—
Deb 5Ha Nov 1 1943
M&N
25-year deb 3>4s 1961
A&O

32*3

47*3

Canadian Rail & Harbor—

J&J

'2d mtge 5s 1978
6s conv notes 1978

104

104*4

South

28

Beauharnols Lt Heat & Pow

82*3

103

&

27%

Deb 5s series B 1975—-—J&J

S f income 8s 1953

85

105

A 1975—-—J&J

1st 7s 1953

J&D
M&S

American States Public Serv—
1st 1 5 Ha 1948 ser A
M&N

56*4

105

M&S

American Community Power—
5 Ha Certificates of deposit 1953
Amer Elec Pow deb 6s '57 M&S15
American & Foreign Power Co-

Deb 4s series

Ask

Chicago Ry—
1st (35% prin paid) 1927 F&A
Camden & Sub Ry—See P S Corp
Canada Nor Pow coll 5a '53. M&N
Canadian L & P 5s *49 op '14 J&J

78"

Avalon Telep Ltd 4Ha '58--A&0
Baltimore County Water & Elec
1st 5s 1946
M&N
Baltimore Transit Co—

Bid

Calumet

—A&O /

Deb 5s series A 1975

F&A
M&N

1940

Deb g 5s 2030
Amer Fuel & Pow

104

100*3

Augusta Ry & El 1st 5s 1940 J&D
Aurora Elgin & Chicago Elec Ry
1st 5s 1941

1st & ref 5s 1951
1st & ref 5s 1956

Bonds
Calif Water & Telephone—' j.
1st mtge 4s 1969
jJ&D
Calumet G & E 5*3s B 1960-'J&J

Ask

101

5s '58 ser A M&S

Atlantic Co Wat

Alabama Power Co—

Bid

Bonds

Ask

M&N

M.00%
62.00%
62.50%
63.00%
63.00%
63.10%

pay Aug

1, 1938.-F&A

Series B Feb. 1927

J&D

Chicago Rapid Transit Co—
1st & ref 6*38 1944
-J&J
Certificates of deposit
1st & ref 6s 1953 ser A
Certificates of

J&J

deposit

Adjust deb 6s July. 1963._J&J
Certificate of deposit
Chicago & West Towns Rys—
1st cum inc 5s 1937
J&J

45*3

1*3
1 %
1%

45*3
46

9*4
4*4
4*4
4*4
4*4
4*4
*4
%

63.10%

6 Basis.

/ This price include accrued interest,

k Last sale,

n

Nominal,

74

PUBLIC

BONDS

UTILITY

marked "f" and income and defaulted bonds

NOTICE—All bond prices are "and interest" except where

Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue

Ask

Bid

^Bonda

108 %

1st mtge 3 Ms 1966
F&A
1st mtge 3 Mb 1967
-J&D
Cin Newport & Gov L & T—
1st ref 6s 1947 series A
J&J
..

98

96

_

83
88

90

93

2
Continental Pub Serv 6s *40-J&D f
Continental Telep 5s 1953.-F&A tlOl

76

82 M
97 M

80 M

83 M

91M
92 M

Cuban

91

103 M

72

_

—6s -1940---—

91

93

101M
105 M

42

.

100

108M
101M

109 M

109

110

„

42

43 M

-

>T

Deb g 5s 1952
A&O 15
Deb 5s Jan 15.1961
J&J 15
Columbus (Ga) Elec & Power—
1st & ref 6s 1947 ser A
J&D
1st & ref 5s 1954 ser B—M&N
Columbus Ry Pow & Light—
1st mtge & coll tr 4s 1965-M&N
Commercial Mackay Corp—
Inc. debs 4s w w 1969 w i
Commonwealth-Edison Co—

Commonwealth Telephone (Pa)—
1st 5 Ms ser A 1945
M&N
Commonwealth Telephone (Wise)

103 M

104

<r-

105
109

110

43

14

110M
128 M

31
22

16

92

105M
92 M

-

J&J

J&J
Stamped guaranteed opt.-J&J
Conn Riv Pow 3 M ser A "61 F&A

(

Consolidated Cities L P & Tr—
1st lien 5s 1962J&J
Consolidated Edison Co of N Y—
—

Debenture 3 Ms 1946
Debenture 3 Ms 1948
Debenture 3Ms 1956

A&O
__A&0
A&O
20-year 3 Ms debs 1958
J&J
Consolidated Electric & Gas—
Coll 68 ser A Aug 11962..M&N
6s series B 1962
F&A
Collateral 6s 1957
F&A
Consolidated Gas of Baltimore—

125

99
110
111

112

106M
108M

99

101

83

15

Eastern Gas & Fuel
m

140

112M
109 M
108M

102

13

Assoc—_
1943-M&S

77M

Ref m 4 Ms 1948 A
J&J
Ref m 5s 1948 B
J&J
Ref 6s Jan 1948ser O-.M&S 15
Ref 6s series D Jan 1 1948-A&O
Ref 6s series E Jan 1 1948. A&O

56

56

57

129 M

Edison Elec Ilium of Boston—
3 Mb 1st M s f July 1. '65-J&J
Edison El 111 (N Y)—See N Y G
Edison Sault Elec 4 Ms, 1961 A&O
Electric Ferries 7s (w-s)

110M
107 M

'41-A&O

97

M&S/

1st sink fund 6Ms 1953--A&O
Electric P & L Deb 5s 2030-F&A
Eliz Plainf & Cent J1

Eliz

14

2M
83

103M

104

103 M
99

104

120

110M

111

^

102
96

100

Elec & Peoples—See Phila R T
Electric Pow Corp (Germany)lsts f 6Ms 1950

78M

&

Raritan

Eliz & Trenton RR

J

12M
80

Serv

Corp

Elmira Water, Light & RR—
1st & con g 5s 1956
M&S
„

El Paso Electric Co—

_

r

* Called
May 1 at 105.
t Called Feb. 1 at 101.
Payable in Canadian funds. ,




m

5s 1950

ser

A

t Called May 1 at 103.

112

,

J&J
Empire District Electric Co—
1st & ref m 5s 1952
M&S
1st

b Basis.

100

29

110M
87 M
98 M

98 X
97 M

98)
98 j

96 M

97

104 M

115

Georgia Power 1st 5s 1967--M&S
106 X
Georgia Power & Light Co—
1st mtge 58 1978
J&D
66 M
Georgia Ry & Electric—
Atlanta Northern Ry Co—
1st guar 5s 1954
J&J
104M
Gesfurel 6s 1953 x w
J&D /
17M
Grand Rapids Ry 1st 7s '39.M&N /
17
Granite City Generating—
1st coll 6s 1963.
A&O
81
Great Cons Elec Pow (Japan)—
1st M 7s 1944———
-F&A

1st & gen 6 Mb 1950
J&J
Groat Lakes Power Ltd—
1st sf 4Mb 1956
M&S
Gen s f 5s 1957
J&D
Great Lakes Utilities Co—
1st lien coll tr 5 Ms 1942- .M&N
Great Northern Power—
1st 5s stamped 1950.
—F&A
Green Bay & Miss Canal—
1st & ref 4 Mb 1953
M&S
Mountain

Power

106M
66 M

20~~
83
98

00

72
r

99 M

r

96

67M

107M

101
97 M
69 M
110

103 M

Corp—

104M

105

J&D b 102 to

93

J&D

1940-1953.-.

Gulf Public Service
1st mtge 6s 1945

64
104 X

69

A&O

103 M

105

1969M&N

107M

108

Co—

Gulf States Utilities Co—
m

& ref 3 Ms ser D

Hamburg (Germany) Elec Co—
Extl g s f deb 7s 1935—M&N /
15
Hamburg (Germany) Elev Undergound & St Rys 5Ms'38--J&D /
14
Hamilton Gas 6 Ms Aw w '37 J&D /
68M
Hamilton Gas Corp—4s series B 1953—;
__M&S
54M
Harrisburg Gas 5s 1970
M&N
108
Havana Elec Ry 5s 1952
F&A / 49
5Ms (Sept'31 coup on)'51 -M&S f
M
Hempstead & Oyster BayWater 6% July 1 serially——
97M
Hest Man & Fair Pass Ry—See P hil R T
Holyoke Street Ry inc 5s.—1945
41
Home Tel & Tel (Ft Wayne;—
1st 6s series A1943
J&J
105
1st 5 Ms series B 1955
A&O
105M
Hoosac Valley Street Ry—

50
30

56 M
110

"IX

44

„

12M

See

Riv [Public

92

99 M

General Water Wks & El Corp—
1st lien & col 5s 1943 ser A_ J&D
Georgetown Gas Lt 1st 5s'61 F&A
Ga-Caro Pow 1st s f 5s '52-.J&J

Coast Water 1st 5s '48-F&A
Gulf Power 1st 5s 1968
-A&O

Co—_

m

98 M

90

General Public Utilities—
1st M coll tr 6 Ms ser A'56_ A&O
1st mtge & coll 6Ms G'55_A&O

Gulf

97

5Ms 1947ser A
M&S
1st M & 1st lien 5s 1955 B M&S
Easton Consol El 5s 1949 .M&N
Economy Lt & Pr (111) 5s '56-J&D
1st

97 M

GanxRys"C0"6"M"s seFA"1945"F&Af]r "26—
Gary Street Ry 1st 5s 1937--A&O / 27
Gas Co of New Mex 6 Ms '44 M&S
96 M
Gas & El of Bergen Co os '49- J&D
122
Gen 5s Nov 1.1954
-M&N
126
Gatineau Pow deb 5s w w *49 J&D r 109 X
1st 3 Ms series A 1969
86 M
A&O
1st 3 Ms series B 1969
A&O r 97 M
General Gas & Electric Corp—
Scrip 4s due 1942
;. /
50
General Public Service Oorp—
See Investing Companies.

4Mb

101

J&J

Eastern Shore Pub Service

Equip trust 4 Ms to 1941..F&A
Equip trust 4Mb to 1943
M&S
Equip trust 4s to 1946
M&S

1 st

M&S

103 M

Serial notes—

_

54
1A
82

98 M

103
104

102

Express—

1st & ref M 3 Ms 1963

93
96
96
102 M

Eastern Oregon Light & Power—
5s series B 1953

Fruit Growers*

Green

91M

Eastern Michigan Rys—
1st mtge coll tr 7s 1958----J&J /
Adjt 6s due July 1958—-A&O /
Eastern Minn Pow 5 Ms 1951 M&S

54 M

77H

101

Eastern Lt & Pow s r 5s 1964 M&N 1103
Eastern Mass Street Ry Co—

127

109 M

77

75

& coll tr 4s A 1956.M&S

98 M

-

East Prussian Pow 6s *53

-

11

96

83

54 M

77 X
75

%

93

_

5Ms series A 1951-.
106 M

5M
5M
Me

40

106 Vs
106 M
107

bs unstamped 1943 ser A..J&D

-

4M
4M

86

106

107 H

J&D

48
48

J&D /

86 M

Florida Power Oorp—
1st mtge 4s series C 1966
J&D
Sinking fund debs 5s 1946-J&D
Florida Pow & Lt 1st 5s '54--J&J
Florida Public Service Co—
1st 4s series C 1955.
...J&J
Florida Telep 2d 6s 1954
J&J
Fontana Un Wat 6s 1935.-J&J

100 H
107

24 M

25
78

85 M

1st s f 6s 1957M&S/ 40
Galveston-Houston Elec Ry—
IstMsf g5s 1954opt..
A&O / 92
Gandy Bridge (Tampa)—
1st mtge s f 5 Ms 1957
97
A&O
Gary Electric & Gas Co—
1st lien coll 5s x-w 1944---J&J
100 x
58 with warrants 1944--J&J
105 M

64"

95

M&S /
Dumbarton B'ge 6Ms to '49-J&J
Duquesne Gas Corp—
1st conv bsctfis. 1945
M&S15 /
Duquesne Light—See Phila Co
Duquesne Nat Gas 7s 1948.-J&J
Duquesne Trac—See Phila Co

99 H

1st lien col tr 5 Ms 1957—M&S

Fullerton-Portsmouth Bridge—

93

w s

98 M

106

24

F&A

10

M&N

110

*106Me
*106 Me

F&A

Pass Ry 5s Mayl 1942—.J&J/

Conv deb 5 M s 1954

Federated Utilities Inc—

0.75%
1.25%
1..75%

*106 Me

3M

104

1.25

12

1st

„

„

104M

22

2.10

102
95

91M

109 M

A&O

108M
62 M

A&O /

Eastern Iowa Pow 6Ms

_

102 M

2.00

East Jersey St Ry 5s 1944--M&N
E. Kootenay Pow 1st 7s '42.A&O

103 M

103 %
104
101X

&

..

1st 5s 1953

M&S

&

66

90

Ref mtge s f 3 Ms 1971—J&D

1943

109
105 M

Certificates of deposit
Dom Elec Pow 5Ms 1955
M&S
Dominion Gas & El 6 Ms '45.J&J
Dortmund Munic Util (Germany)

20-yr s f 6 Ms 1948
Duluth-Superior Transit—

Stamped

1st lien g 6s 1942 stpd-..M&S
Debenture 6b 1954 ser B_ J&D
Fed'l Pow & Lt 6s Nov 1,1965
Federal St & Pleasant Valley

29

111

6

104

109 M

1st ref mtge 3 s series P '69-J&D
Consolidated Gas Utilities Co¬

Corp 6% notes, 1940

106M

63

109

126M

6s stamped

106

103

108M

Gen g 4Mb Apr 1954——A&O
Consol Gas Elec Lt & P (Bait)—

Consol Hydro-Elec Wks of Upper
Wuerttemburg 1st 7s *56- J&J /

106 H

Certificates of deposit
3M
/
97 M
1st 5s. 1966
M&N
Detroit Edison—
109 M
Gen & ref 4 Ms 1961 ser D-F&A
Gen & ref M 4s ser F1965-A&O
110M
Gen & ref M 3 Ms ser G '66M&S
110M
Detroit International Bridge—
1st mtge s f 6M8 1952
Certificates of deposit
8 f deb g 7s 1952

76M

—

Durham Pub Ser 7s A *49-.A&O
Durham Trac 1st 5s 1941
M&S
East Coast Pub Serv 4s 1948 F&A

Community Power & Light Co—

Connecticut Power—
1st & coll trust 5s 1956
Connecticut Ry & Light—
1st & ref 4 Ms 1951

110M
74M

106 M

A&O

Delaware Electric Power CoDeb 5 Ms 1959
J&J
Delaware Power & Light Co—
1st M 4Mb 1971
J&J
1st mtge g 4 Ms 1969
J&J
1st mtge g 4Mb 1969
J&J
Delaware Vail Util 6s 1952-M&N
Denver Gas & Elec Co—
1st 5s 1949
M&N
Denver Gas & Electric Lt Co—
1st & ref 5s 1951
-M&N
Stamped as to Pa tax.
DefiVerTramway Corp—
Gen & ref 5s 1950 ser A—J&J
Des Moines Ry 1st inc 5s Jan 1 '55

43 M

92
M&S
Community Public Service—
102 M
1st mtge. 4s 1964
M&S
6
Community Teleph 5s Jan 1 1949 /
Community Water Service Co—
84
Deb g 6s 1946 ser A.ir.
J&D
Deb g 5Ms 1946 ser B
81M
M&S
38 M
Conestoga Trac 1st 4s 1950--J&J
48
Coney Is 1 & Bklyn cons 4s '48 J&J
Connecticut Light & Power—
132
1st & ref s f 7s *51 ser A.-M&N
110M
lst& ref M 3Ms ser F '66-M&8
1st & ref M 3Ms ser G '66-J&D
108M
107M
25-year deb 3Ms 1956—M&S

...M&S

1st 4s series A 1966

40

49 M

45

Federal Water Service Oorp—
108 X

.

104M

Col M 5s 1957.

109 M
72 M
105
Danbury & Beth Gas 6s 1948 F&A
Danville Tr & Pow 1st 5s *41.J&J
40
Darby Med & Ches Ry—See Phila R Tran
Darby & YeadOn 4 Ms 1934
/ 70
Dawson Ry & Coal 5s 1951..J&J
104

F&A

Detroit & Canada Tunnel—
1st mtge s f 6s 1953
M&N /
Certificates of deposit
/
Convs f deb 6Ms 1948---M&N /

104

109 M
1st mtge 3 Ms ser I 1968--J&D
128
Conv debenture 3 Ms 1958.J&J
115
Com'w'lth El 5s June 1 '43-M&S
Commonwealth Gas Corp—
Non-cum inc deb 6s (w s) 1948- /
28
Non-cum inc deb 6s (x s) 1948- /
19

Commonwealth Light & Power—
Ref & unif 7s 1962—.
J&J

58 X

-

_

„

„

Dayton Power & Light—
1st »v ref M 3 Ms 1960

8
6s 1942
Colorado Pofter 1st 5s *53--M&N *106.22
Colo Utilities 1st 5 Ms 1958.M&S /
42
Columbia Gas & Electric Corp—•
104
Deb g 5s 1952
M&N
„

Dallas Power & Light—
1st mtge 3Ms 1967

99 M

93

Dallas Ry & Ter 1st 6s 1951. J&J

^

1952..-J&D /

56M

J&J

Telep conv 5s 1951

92"

Ask

Electric 6s 1959
J&J
129
Erie Rys 1st 6s 1954
A&O /
26
Erie Ltg 1st m 5s 1967
A&O
109
Erie & Suburban Ry 5s 1941 A&O f
15
Fall River El Lt 3Ms 1968..M&N ' 105X
Federal Light & Traction—
1st 5s (Amer series) 1942-M&S
103H
1st 5s (Internat ser) 1942..M&S
101

—

Cumberland Co (Me) Pow & Lt—,
107 M
1st mtge 3 Ms 1966.
A&O
Cumberland Gas 6s w-s 1948M&N /
37

101M

Route Bridge 6M«

91M

.

J&D
City Water (Chattanooga)—
1st M 5s 1954 series B—-J&D
1st M 5s 1957 series O.. -M&N

Clear Springs Water Service—
1st 5s ser A 1958
M&S
Cleveland Electric Ilium—
Gen mtge 3 Ms July 1, *65.J&J
Cleveland Ry 1st 5s A 1945-M&S
Coast Cos Gas & Electric—
lsts f 4s series B 1965
M&S
Colonial .Util 5 Ms 1958
J&D

Bid

109

84 M

91M
91M

Cooper RivBri'geinc 1st 6s'58M&N
Copper Dlst Pow 4 Ms 1956. -J&D
County GasVN J) 5s Jan I
1952Crescent Public Service Co—
Coll inc 6s B Oct 1 ,1954--J&D /

76M

68 M

_

106M

90
78

79

_

1941

Bonds
Equit G & E Utica 5s 1942-A&O
Ercole Marelli El Mfg Go (Italy)
1st s f 6 Ms 1953 with war M&N
Erie Coach Co
4Mb 1959
Erie Co

75M
77 M

1953
J&J
City Light & Traction (Sedalia,
Mo) 1st s f 5s 1952.
J&D
City & Sub PS—See Un Rys of St L
City & Sub Ry—See Wash Ry & El
City of New Castle Water—

Clarksbury-Columbus Short

109M

109 M
106 M

74M
75M
75
76M

70

1st 5s series A

,

107 M

107 H
108 M

1st coll 6s series A 1946
M&N
Deb 5M» series A 1970
A&O
Contln Gas & El deb 5s 1958 F&a

1

36M

F&A

1st coll 4-5Ms 1948-.- —-A&O
Citizens Water (Scottdale)—

5s

105 H

1st mtge 3Ms 1965
...M&N
1st mtge 3 Ms 1965
M&N
1st mtge 3 Ms 1967
M&N
1st mtge 3 Ms 1970
M&N
1st mtge 3 Ms 1966
M&N
Consumers Water Co—

77M

Deb g 5s 1963
M&N
Deb 5s 1969
-M&S
Conv deb 5s 1950
J&D
Cities Service Power & Light—
Deb 5 Ms 1952
M&N
Deb 5 Ms 1949—
—J&D
Citizens Independent Telephone
1st mtges f 4 Ms ser A '61..J&J

_

109M

109M

Cincinnati Street Ry—
1st m 5Ms ser A 1952——A&O
1st 6s 1955 ser B
A&O
Cities Service Co—
Ref deb 5s Jan 1 1966
M&S
Deb g 5s Apr 1958..
A&O

Citizens Utilities Co—
Income notes 3s 1955

Ask

Bid

Bonds
Consumers Power Co

Cincinnati Gas & Electric—

104 M

105 H

103 M

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 Mb 1943 with war.-A&O

36

100M
101M

102

104M
103 M

105
104

103

104

/ This price includes accrued interest,

k Last sale,

n

Nominal,

PUBLIC UTILITY BONDS

Jan., 1940]

75

NOTICE—All 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

Bid

Bonds

1st

.

110%

J&D

mtge 3%s 1966

Houston Natural Gas Corp—
1st m coll 6s '43 with warr.J&D
Hudson Oo Gas 5s g 1949.-M&N
Hudson River Trac 5s 1950.M&S
Huntington Water Corp—
1st mtge 6s series A 1954. _M&S
1st M 5s 1954 ser B
..M&S
1st 5s ser O 1962
A&O
Hydro El Bond & Sh 5s 1957M&N
Hydro Elec Power Commission

Jacksonville (Pla) Gas—
5s stamped 1942.—__ ...J&D

Inc deb 6s ser A w s 1952 M&N
James River Bridge System—
1st 2-6s, 1967
—J&J

105

Jamest'n (NY)Telep

100

Jersey Central Pow & Lt Corp—,

101M
1HM

1st & ref 5s 1947 ser B——F&A
1st M 4 %s 1961 ser O
J&D
Jer City Hob & Pat—See P S Corp

101
100

103

113%

105%

ser B
M&S
Community Tel 6s 1949—J&J

1035*

105

Kansas Elec Power—

8 f deb AHs 1957

65 M

64

105%
104%
102 M
98

M&S

105%
104 M

1st lien coll 5%s 1938

1st M 5s 1951 series O

M&N

105%

90

'

93

.110%

83

103

79

_

62

108 M

101%
103
103
66 M

„

69 M

62

62

1st

5s

———P&A
1948.——F&A

1951

Debentures

6s

30%
99

105%
103%

104%
103

100

96%

102%

Deb s f 7s 1935
Inland Telep 1st 6s 1948
.

J&D
A&O

88 M

90

74
74
30

74%
74%
30%

.

96 M
99

2%

101

46

49

.46
32

82

Lombard Elec Oo

40%
42 M

1st extl 7s 1952.—:
J&D
Lone Star Gas 3 Ms debs *53 F&A
Long Beach Gas 1st 5s *56
J&D

A&O

49

102
63 M

100 M
102M
110

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

103%
65

101M

46

——

106%

65""

105 %

106

105 M

106%

108 M

General 5s 1950

Lowell Gas Light—

34

110

99

100

103

104

1st mtge 3Ms 1969
..P&A
Iowa Southern Utilities—

100%

101%

1 si & ref 5 Ms 1950
J&J
1st & ref 5 Ms July 1 '50.M&N
Deb 6s 1950 ser A......M&N

103 %
106
'97%
45%

66

F&A

e

103%
98%
105%

7

5%

21

35

40

85

88

106

Michigan Consolidated Gas—
1st mtge 4s 1963...
M&S

101%

101%

notes—

1st M 5s 1956

J&D

Michigan Public Service Oo—
1st g 5s 1947 ser A
A&O
Middle States Util 6s A1951 A&O
Middle West'n Telep 6s *43
J&J

102
39
102

103

100%

101%

101

101%

52
91
Middle West Utilities—
5s ctfs of deposit 1935
Middlesex Elec Lt Pow 5s '55 J&J
124
Middlesex & Somerset Traction
5s 1950
J&J
83
Midland Util deb 6s 1938—M&S /
43
Milwaukee Gas Light Oo—
1st M 4%s 1967M&S
100%

95"

44
101

Minneapolis Gas Light Co—
1st mtge 4s 1950
J&D
Minnesota Power & light Co—
1st & ref 5s 1955
J&D
1st & ref 4%s 1978
M&N

M&S

J&D

1st M 5s 1957—

75

108%

Missouri Gas & Elec Service—■
1st 4-5s 1956——.......A&O
Missouri Power & Light—
1st mtge 3 %s 1966
J&D
Missouri Public Service Co—

1st, s f 5s 1960
Missouri Telephone—

—P&A

4%s series O 1961—
M&S
Missouri Vai Pub Ser 6s '39 J&J

62

104%
100

Mobile Gas Service Corp—
1st 5s 1956
A&O
1st cum inc 9s ser A '56
A&O
Income 7s 1956
.A&O
Mob Lt & RR Cons g5s '41-M&S
-

—-

78
76

109%
~UO%~

107%

108%

105%
102

106%
102%

102%

103

103%
109%
104%

104

80

Mohawk Valley ref 6s 1991 M&N
Debenture 6s 2031
A&O

78

Monmouth Cons Wat 5s '56. J&D

99

111

10i"

90%
107
95

96%

102%

93

95

96
86

IP*
80
70

101

Monongahela Light & Pow Co—
107%
110

115
96

56%

1st mtge 4 Ms ser A 1966.M&S
106
Lower Austrian Hydro-Elec—
1st sfg6Ms 1944
F&A f
7
Lower St Lawrence Power—
1st s f 5s ser A 1955
A&O r
97%

Luneburg Pow L & W W(Germ'y)
1st M s f 7s 1948.
M&N f
12%
Luzerne Oo (Pa) Gas & Elec—
1st ref&imp g 5s'48 op'13 A&O
108%
1st & ref 6s 1954
M&S
107%
Debenture 7s 1944
J&J
112

..

—

—

—

J&D

119

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

107%

109%

109

1st M 5s 1949

Debenture 6s 1965..
..A&O
Montana-Dakota Utilities—
Conv deb 4%s4946

108

....

1st mtge s 64 %s 1954
Montana Power—

A&O
M&N

102

110%
97

106%

1st & ref mtge 3%s 1966—J&D
99%
Montreal Isl Pow 5%s 1957 M&N / 104
Montreal Lt Ht & Pow Consol—
1st & coll s f 3%s 1956
76
F&A
1st & coll 3%s 1963
95
J&J

1st & coll

3%s 1973

J&J
J&J

109%
110%
98

107%
100

78

71

73%

64

66

107

Isarco Hydro-Elec Oo (Italy)—
1st M s f 7s 1952
M&N
Island Gas & Electric—

92%

103

58

F&A
A&O

Mississippi River Pow 5s *51-J&J
Deb 5s May 1. 1947
M&N
Missouri Edison 1st 5%s '47 J&D

80

107

57

Mississippi Power & Light—

102"

103%

90%

J&J

M&S
Louis vLtg 5s '53 unstmpd-.A&O
Louisville Ry—
2d 4Ms 1940
..M&S

99

Mississippi Power Co—

104

gjSMs '52 ser A. A&O

1st & ref M 3 Ms 1966

„

106

Iowa-Ill Telep 2-5M« 1949—A&O

Conv deb

Long Island Water 5 Ms '55 M&N
Los Ang Pac Oo—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&0
Louisiana Pow & Light Co—
1st mtge 5s 1957
..J&D
Louisville Gas & Elec Co (Ky)—

103

Interstate Tel & Tel 5 Ms 1953J&J
Investors Telephone 3s 1961-J&J

a

84
45

(Italy)—

Long Island Lighting—
Secured g 6s 1945.

—

Iowa Electric Co—
1st 4s ser A 1961

x

1st s f 5s 1968.
J&J
Conv deb 5%s 1953
__J&J
Lincoln Gas & Elec 5s 1941..J&D
Lockhart Power 4 Ms 1955.-J&D

66

Mexican Utilities 7s 1939

1st & ref 5s 1955

44

„

86%

99

S f mtge 6 Ms 1946
M&N / 12
Lewis ton Gas Lt 3%s O *56. A&O
100
108
Lexington Ry 1st 5s 1949...J&D

f

Michigan Gas & Electric Co—
1st & ref 6s 1943.....
M&S

13

Leipzig Overland Power—

§8%

s

4s Aug 1940-1948
P&A
Mich Fuel & Lt 6s A 1950—J&D

Lexington Water Power Co—

.

Iowa-Nebraska Light & Power—
1st lien & ref 5s '57 ser A..M&N

J&D

73

42

40 M

_

J&D

J&D

98
64

J&D

Lexington Util 1st 5s 1952.-F&A

J&J15

E 1955

112H

1st extend 4s 1945
Ref & impt g 5s 1960

101

56%

15

Serial

Lehigh Valley Transit—

M

72

International Railway (Buffalo)Ref & impt 3-5s 1962....M&N
29
Buff Trac 1st 5s 1948
J&D
78
International Telep & Teleg—
Deb g 4Mb 1952
40
...J&J
42 J*
Deb 5s 1955
F&A
Int-State Bridge 4-6 Ms *50 M&N
65
Interstate Gas & El 6s 1951— J&D
54
Interstate Power 1st 5s 1957-J&J
65%
Deb gold 6s 1952—
47 M
J&J
Interstate P 8 (Ark) 6s 1940 M&S /
3
Interstate Public Service Oo—
1st & ref 6%s 1949 ser B—J&J y 105
1st & ref 5s 1956 ser £>__
J&D t
1st & ref 4Mb 1968ser P—M&S d
Interstate Rys 4s 1943.
F&A /
3*
Interstate Telephone Co—

.J&J
4% notes to 1940-46.
A&O
Iowa El Lt & Pr 7s ser O '42.F&A

1st mtge 3Ms ser A 1966--A&O
Lancaster Co Ry & Lt 5s 1951 J&J

1st extend 5s 1945

_

_

1st M 5s 1961——

....

Lake Superior District Power—

74
73%

51%
101

1952.
Michigan Associated Telep Oo—
1st mtge 4s ser A1968.
M&N

f U%

24

73
73

99

45

Miami Bridge—
Income deb 6s (w-s) Mar

105%

22 M

International Hydro-Elec System
Conv deb 6s 1944 w w.—A&O
Internat'l Pow Ltd 6Ms 1957M&S
Deb 6s 1957
?.
M&8
Debenture 6s 1955—
J&J
International Power Sec Corp—
6M % sec bonds 1955ser O J&D
Sec 7s 1957 ser E
F&A

Sec 7s 1952 ser F__.

....

ltA

29%

Market St Ry (San Francisco)
1st s f 7s 1940 ser A Q Jan—..

105

2?M

106%

24

Conv g 7% note 1932
M&S
Certificates of deposit ......
Inter continents Power Go—
Debs A 6s 1948—
J&D

Ref & gen 4s series C 1967.J&J
Market Street El Pass Ry—
See Phila Rapid Transit

-

106%

22 M
22 M

1st & ref g
Certificates of deposit
6% notes 1932—
—A&O
Certificate of deposit

105%

.

98%

,

102

12

10%

99

3-5s series B1945
Meridionale Electric Co—
1st s f 7s 1957 ser A

157%

10M

j%

s

12
104%

A&O / 55
105%
103% Metropolitan Edison Co—
112
1st M 4%s 1968 ser D—.M&S
104%
1st M 4s 1971 ser E.....M&N
104%
106%
-408
-lst mtg04s ser G1965.—M & N
-102-%.
88
Metrop Edison Corp 6s "61-M&S
105" Metro Wat Sewer—See Fgn bds
Metropolitan West Side "L"—
1st gold 4s 1938
6%
98%
P&A
Exten gold 4s 1938
-J&J
103% Mexican El L 1st M g 5s '42.J&J

Laclede Gas Light Co—
Ref & ext 1st 5s 1939...
A&O f
Ret & ext 58. 1942....
A&O
44
1st M coll tr 5 Ms '53 ser O F&A
1st col&ref 5%sl960 ser D F&A
44%
39
6s coll notes ser A 1942
F&A
41
6s coll notes ser B 1942—P&A
La Crosse Telep 5%s 1948..J&J
102%
Lake Shore Elec Ry 6s 1933.J&J f
9%
General 5s 1933.—
...F&A '
80"
Lake Sh Gas 1st 5Ms 1950..M&N

Rapid Transit—■
5s '66 op tax-ex.J&J

f 5Ms 1956.
A&O
Maritime Telephone & Tel—
Ref & gen 6-4 %s ser B 1966 J &J
Gen

A&O
.Ann April

102

101

50

Inter borough*

J&D /

f 7s 1941

Memphis Street Ry—

102%

A&O

O

s

Mex Lt & Pow 1st 5s 40

47 M

24

15-year

Marion-Reserve Power—
1st mtge 4 Ms 1952
A&O
Maritime Electric4Ms 1956-A&O

3-5s series A1945..—

Kings County Elec Lt & Power-—
Purch money 6s g 1997.-A&O
KIngsCoElev—SeeBklyn-Queens
Kings Co Gas & HI 1st & '40 A&O
Kings Co Ltg 1st ref 5s '54—J&J
1st ref 6%s 1954.
J&J
Kokomo Water Works—
1st 5s ser A 1958
J&D
Lackawanna & Wyoming Val RK

103 M
63 M
63 M

J&J

Inland Gas 6 Ms 1938F&A /
Certificate of deposit.
/
6 Ms stpd 1938
(25% paid)
Sinking fund deb 7s 1938.F&A
Inland Power & Light Corp—
Coll tr s f 6s A 1936
—M&S
Oolltr s f 6s 1941 ser B—M&N

109%
102%

107

105

_

-

J&D /

Keokuk Elec 6s 1945...
M&N
Kewanee(Ill)Pub Ser 6s A '49 J&J
Key West Electric 5s 1956
P&A
Keystone Public Service—
1st M 5s 1978
M&N
Keystone Telephone Oo—
1st & ref 5 Ms 1955 ser A--J&D
1st 1 & ref 6s 1951 ser B—A&O

_

75

75

.

1st 6s series K 1957.—--M&S

Indiana & S W Gas & Util—
6% conv notes 1940.—-J&D
Indiana Telep 5s A I960
J&J
Indianapolis Columbus & Southera Traction 1st 6s 1948--F&A
Indianapolis Gas 5s 1952-—A&O
Indianapolis Power & Light—
35*s 1st mtge 1968
P&A
3s serial not«B 1940-1941—P&A
3Ms serial notes 1942-1945 P&A
4s serial notes 1946-1948—P&A
Indianapolis Ry 5s. 1967
J&J
Indianapolis Water—
1st mtge 3 Ms 1966
J&J
Indianapolis W W Sec Co—

79%

86

s

Maryland Light & Power—
1st M 5Ms 1950 ser A...-J&J
Maysvllle P Serv 5 Ms A1942A&O

9

1st M 5%s 1955 ser P
A&O
104
1st M 5s 1961 series G—-F&A
104
5s series H1961
F&A
tAL.5s~L.9fi9- jsqtlI
-—F&A «4Q2%

109

-lsfc&refiVr-5s-Jahl,I950:J'&J
1st 1 & ref 5s 1963—
F&A

ser

104%
101%

109%

Kentucky Power & Light Co—
1st m 5Ms 1948 ser B
M&S
Kentucky Utilities Co—
1st M 6 Ms Sept *48 ser D M&S

99 M

1st mtge 5s 1958 ser A
M&N
Indiana Pr 1st 7 Ms *41 A .M&N
Indiana Ry & Lt 1st 5s 1943.J&J
Indiana Service Corp—
,

1st mtge 4s

127

100%

warr.-J&D /

Kentucky-Ohio Gas Oo—
Otfs ndebt 2s 1958

M&S

ser

106%

_

1st 6 Ms 1942 with

43
44

_

1st mtge 3Ms 1969...
J&J
Kentucky El Pr lstsf 6sl960J&J
Kentucky Fuel Gas Corp—

106 M

B—F&A

Coll tr 6s 1957

36%

Kansas Power & Light Oo—

98%

M&N / 115

Secured 5s 1958.—

111'

36

125%
103%

1st mtge 4%s 1980.--.—J&D
Kansas Power 4s series A *64 J&

103

Z2K-

41%
41%

f 5 Ms '51 ser A
J&J
s f 5 %s 1952 ser B..J&J
Mannheim & Palatinate Elec Cos

105%

1st mtge 3 Ms ser A 1966.J&D
Kansas Gas & Electric—
Deb gold 6s 2022 ser A—M&S

79
79

A&O

2d gold 4s 2013
.J&D
Certificates of deposit

1st M
1st M

103%
109

51%
5%

Manitoba Power Oo Ltd—

107

102

—

4

s—Ann O

w

Manhattan Ry (N Y)
Cons 1st guar 4s 1990
Certificates of deposit

75

49
4

Manila Elec RR & Ltg Corp—
1st hen & colltr 5s 53
M&S

3

Kansas City Public Service—
1st ref 4s series O 1957—-J&J /

1st mtge 5s 1960

72

106%

1st income 3-6s 1957 w s An Oct

103%
105%

34

104

Indiana Gas Utilities 5s 1946.J&J
Indiana Hydro-Electric Power—

w

105

112%

1st M 6s 1947 series A
1st M 6%s 1953 series

„

103

5s 1954 J&D

102 M

Indiana Electric Corp—

_

48%

Ask

98

Macon Ry & Light 1st 5s '53. J&J
Madison Rys 1st g 5s 1936.-M&N
Manchester Terminal

2d Income 4s 1963

111%

78
109

Indiana Central Telephone Co—

,

46%
2%

46%

M&S

Indiana Assoc
Telegraph—
1st mtge 45*s ser B 1965—A&O

,

1%

Johnstown Traction 4s Dec *31*62
Cons mtge 3s B Dec 31 1962—

102
102
99

97
74
107 %

Illinois Power & Light Corp—
1st & ref 6s 1953 series A..A&O
1st & ref 5%s 1954 ser B—J&D
1st & ref 5s 1956ser O——J&D

„

45

Joplin W W 1st 5s 1957
M&S
Kankakee Water 4%s 1959._J& J
Kansas City Gas 1st 5s *46—F&A
1st 6s series A 1942...
.F&A

1st 5s series A 1948

,

102 %

J&D

103
102

Bid

McLaren Quebec Power—
1st s f 4s ser A1959—.—M&N
Macon Gas 1st mtge 4 Ms '52. J&D

& P—

125
72

(Ontario) 3%s 1943—
J&J
45*s due Jan 1.1970——J&J
3%s 1947
A&O
2Kb 1942
A&O
.s
1953
P&A
3s Aug 1 1948-'A&O
Idaho Power 1st 3%s 1967—A&O
Illinois Bell Tel 3%s B 70—A&O
Illinois Commercial Telephone—

III

111

Bonds

Ask

Italian Superpower Corp—
See Investing Companies.

Jackson County (Mo) Lt H
1st 6s series A 1956

_

„

Bid

Bonds

Ask

Houston Light & Power—

48

25-yr

s

f 5Ms 1953

ser

A—M&S

Conv

notes

3s

1949

104

98%

75

*
Called Jan. 11 at 105.
t Called Jan. 11 at 102.
t Called Jan. 11 at 103.
a Average price.
5 Basis,
d Called Jan. 11 at 104.
/This price
includes accrued interest,
e Called Feb. 1 at 105.
k Last sale,
n Nominal,
r Payable in Canadian funds,
x Called Feb. 1 at 103.
V Called Jan. 11
at 105.




BONDS

UTILITY

PUBLIC

76

bond price* are "and Interest" except where marked **f"
Quotations for all securities are as near as possible for the closing day of the

NOTICE—All

Bid

Bonds
Montreal Tramways—
1st & ref g 5s 1941 opt—-J&J

Ask

•

81%

99%

51

Gen & ref 5s 1955 series A-A&O
Gen & ref 6s 1955 ser B
A&O
Gen & ref s f 4 %s *55 ser C A&O
Gen & ref 5s 1955 ser D.A&O

60

72

■

68""
105%

Morgantown Water 5s 1965--J&J
Mount Hope Bridge 5s 1969.J&D
2d Income 8s Dec 15 1969

30-yr 3%s debs 1968. -—J&D

108%
105%

108%

12

3%s debentures 1954

108%

109%

97%

98%

*107%

98%
1%
96

Nat Gas & El Corp 5s 1953-F&A
5s series B 1947
J&D
Nat Lt & Pow 6s 1949
M&N

97%
96%

99%

clV*
98
99"

%
108%
121

25%

108%
124%

97

99

123

124

114%
102%
68

M&S

J&D
Oonv deb 5s 1950
M&N
Convertible deb 5s 1962—J&J
New Engl Pow Assn 5s 1948. A&O
Deb 5%s 1954
J&D
New England Power—
3%* series A 1961
M&N
New England Tel & Tel—
1st 5s 1952 series A__
J&D
1st 4%s 1961 ser B
M&N
Newfoundland Light & Power—
1st s f4%s 1956
J&J
New Haven Water—
1st & ref 4HiB 1970
A&O
1st & ref 4%s O 1981
M&S
4%s 1983
M&N
N J & Hud Rlv Ry & Ferry—
1st gold 4s 1950
.M&S
N J Pow & Lt 1st 4%s *60--A&O
New Jersey Water Co—
1st mtge 5s 1950
F&A
New Mex Gas conv 5s 1951 M&N

66%
67%
67

n§8%
100%

107%

68%
67%
68
69

98%
100%
109%

127

129%

M&S /

f 7s 1946

A..A&O
1st & ref 58 1955series B.-J&D
6s stamped 1942
-J&J
1st & ref 5sl9528eries

107

109

113
114

117""

61%
107%

108

62%

47%

103

104"'

99%
60

85%

99

65

18
105%
105%
102%

Newport & Fall River Bt Ry Consolidated 4 %s 1954
J&J
Newport Gas Lt 5s A 1961--J&D
Newp News & Hamp Ry G & E—
1st & ref Ss 1944J&J
Newport Water 5s 1953
M&N
New Rochelle Wat 5%s '51-M&N
1st 5s series B 1951
M&N

106

106%
102%
102%

New York Edison Co—
1st I & ref 3 Ms ser D 1965. A&O

104
106

E'66 A&O

98
95

109
109

17

103

106

7%
7%
90

-

Ohio Power Co—
Deb g 6s 2024

100"
100

7%
8

95

104%

r

105

109%
109%

140

121
107

Con 5s 1945
J&J
NY&Westch Ltg 4s 2004--J&J
Deb g 5s 1954 op guar
J&J
N Y & Queens Elec Lt & Pow—

115

1965--M&N

109

79%

82

12

110%
105%

113

103
99

108%
108%
106%
104%

103

108%
109"-

106%

116
108
109
103

-F&A
F&A

F&A
Bridge & Ferry—
J&J
Ohio Term (Cleve) 6s 1947.-J&D
4s 1945-1947.

124%
117%

-

Ohio Valley Gas Corp—
1 st 6 %s 1943 (with warr)

123

Okanagan

104%
112%

Tel(B C)5%s '56.J&J

109%

J&J

106%

AdJ income 6s Jan 1 1965__Apr
Bleeck St & F F 1st 4s *50. J&J

9

38

38

78

107%

103%

104

110

3%s ser B 1955..F&A

107%

107%

103
17

103%

1st ref M 6s 1951 ser A..M&N
Y State El & Gas Corp—

104%

107

F&A
M&S
M&S
M&N

105%

106%
105%
107%
105%

M&N /
M&N /

105

105%
104%

8%
8%

ref 5s *41 J&J
Apr 1
Old Dominion Pow 5s May 15 '51
Omaha & Council Bluffs St Ry—
1st extd 4s 1947
J&J
Ontario Pow 5s '43 op to '13.F&A
Ontario Transmission Co Ltd—
1st. gu g 5s *45 opt hef '16-M&N

Oklahoma Ry 1st &
Income 5s 1990

N. Y. & Richmond Gas Co—

8%
9%

-

106

Oregon Elec Ry 3s 1958
M&S
Oregon-Washington WatT Serv
1st M 5s 195/ ser A
.J&D
Ottawa El Ry 4%s '48-'55-J&J
—

19

58

107932

82%




M

104%
107%

104%
107%

97%
92%

M&N
A&O

Wat Serv 5s

ser

con

5s

60

Hest

1948

Mantua

1st extd

105%
49%

93

A '67.F&A

81

108%
108%

104%

107

104%
94%
83

87

116

1151
951
98

102

97

M&N
M&N
M&N
F&A

102%
104%
102%
102%

96

117%

&

©i W1 1 1

i111
i

1

1

1

106

109%

87""
8

7

3%

114%
60

98

101

18%

95%
102%
20

Fairm—

5%sl939

Market Street

i—»

84

94%

Darby Media & Ches St Rylst 4%s 1936
J&J /

108

Elev Pass

1st g gu 4s 1955
Traction—

M&N /

70

Ry—

98%

M&N

99%

11

11%

15%

16%

Union

95

100

95

1940, at 107%.
t CaUed April 1 at 105.
t Called Jan. 1, 1940, at 104. a
Called Jan. 22 at 105.
/This price includes accrued interest,
k Last sale.
?i Nominal,
Called Jan. 22 at 104.
/

Called Jan. 1,

107%
106%

Co—

Electric

Philadelphia Rapid Transit—
Coll tr g 5s 1957 opt s f—F&A
ft f guar 5s 1962
M&S
6s gold 1962
M&S
1st m r e 6s 1944
J&J

4

80%

103 ;

Philadelphia Company—
Secured gold 5s 1967
105%
J&D
Ardmore Street 5s 1958.-A&O /
5
109
Duquesne Lt 1st 3%s '65.J&D
Duquosne Trac 1st 5s '30-J&J
84
Plttsb Rys 5s 1953
A&O
2d Ave Tr 1st 5s 1934
J&D
So Trac 1 st-& coll tr g 5s'50A&0
United Trac 5s 1997 ctfs.-J&J /
2%
West End Trac con 5s '38.J&J /
8
Philadelphia Electric—
110%
1st & ref mtge 3 %sl967--M&S
Philadelphia Electric Power Go—
113%
1st mtge
5%s 1972
F&A
Phila & Garretsford St Ry—
58
1st 5s 1955
F&A

100%

109%
105%

Oklahoma Power & Water—
1st M 5s 1948 ser A
F&A

82

B'way & 7th Ave 5s 1943. J&D

108%

1st mtge

.104%

109%
105%

1st & ref 5s 1950

102%
100%
98%

J&D

J&D

1st mtge 3%s 1966
Debentures 4s 1946

102%

99

F&A

Prior lien 5s 1948

102

S8*

11

102%
-403-%-

M&N
F&A

1st

Oklahoma Gas & Electric—

•109%

68%

1st consol 4s 1948

Oklahoma Natural Gas—

New York Rys Corp—
Prior lien 6s stpd 1958

80

125

.

91

7%s 1943
J&J
Ohio Valley Water 5s 1954—J&J
Ohio Water Serv 5s A 1958 F&A

101

1st lien 6s A 1949 w w.-.F&A
P ioria Water Works Co—

108%

Ohio River

1942

124

5s 1949

81
Peoples Gas (N J) 1st 5s '68. J&D
84
Istsf 5%s i960
J&D
Peoples G & Fuel 6%s ww'37 A&O /
22
Peoplo's G L & Coke, Chicago—
115
1st cons g 6s 1943
A&O
115
Refunding gold 5s 1947-.M&S
1st & ref 4s 1981 ser B
J&J
95%
1st & ref mtge 4s ser D '61 .J&D
97%
Mutual Fuel Gas g 5s' 47 M&N
116%
Peoples Light & Power Corp—
1st Hen 5%8 1941
J&J / 115
Conv deb 5s 1979
J&J /
15
Peoples Light & Power Co—
99%
1st lien coll 3 6s 1961
J&J
Peoples Telep (Butler, Pa)—
100
4s
1960
J&D
Peoples Tract—See Phila R T '
Peoples Water Service (Md)—

99%

F&A

3 %-3%s 1941-42

Elec

&

.

95

F&A

1940

106

12

M&S

Penn

Notes—
3s

110%

104%

95%
91%
Pennsylvania Gas & Elec Corp—
79
Deb gold 6s 1976 ser A
M&S
Pennsylvania Pow & Light Co—
1st mtge 3%s 1969
108%
F&A
108
4%s debentures 1974
F&A
Pennsylvania State Water Corp—
1st coll trust 4%s 1960--M&N
103%
Penn Telep 1st M 4s 1965._A&O t 105%
106
Penn Water 1st 3 %s A '67--F&A
100
Penn Water & Pow a f5s '40. J&J
'st. ref 4%S 1968 ser B
106
.M&S
Ref mtg& coll tr3%s 1964. T&D
103%

67

J&D
A&O

1st mtge 4s. 1962

110

J&D /

Gas

94%
111

Pennsylvania Gas & Elec Co—
1st 1 & ref 5%s '55 ser A.-M&S
1st L&Ry 5s 1958
M&S

Ohio Public Service Co—

1st mtge 3 %s 1968

Passaic

24%

109%

-

A&O

1st & ref 4s 1971 ser F
1st & ref 5s ser H 1962

Ohio Edison Co—

M&S

&

Pennsylvania

67

J&J
'44-J&J
Co—

112

Penn Public Service Corp—
1st & ref 6s ser O 1947
M&N
1st & ref 58 series D 1954-J&D

Electric—

stamped 1945
M&N
Elevated (Chic)—
1st mtge 5s 1941 opt
M&ft
Union El (Loop) 5s g'45__A&0
Northwestern Light & Power—
6s series B 1950
F&A
Northwestern Power Co Ltd—
1st M s f conv 6s *60 ser A.J&J
Certificates of deposit
68

1st 5s

New Amster Gas 6s 1948--J&J
NY & ER Gas 1st g 6s '44--J&J

-

14

14

3%s 1943-1944

1st g 5s Dec. 1 1948
J&D
Pur mon coll tr 4s 1949—F&A
Ed El 111 N Y con g 6s '95 J&J

I960
1st mtge 3%s 1964
New York State Rys—
1st con 4 %s 1962 ctffs
1st con 6%s 1962 ctfs

11

lstM6%s 1936 with warr.J&

1967

.

Deb g 08 1 950 ser A
Deb 5%s 1959 ser B..

Gas—

107

102

N Y Gas Elec L H & P Co—

1st mtge 4s 1965
1st M 4 %s 1980

62

1st mtge 4s

N Y Cent Elec 1st 5s 1952-_J&I d 103
N
Y & East River Gas1—See
NYGELH&P

1st lien & ref 3%s ser

86
63

109

93%

106%

106%

nil

22%

Penn-Jersey Water—
1st coll 5 %s 1900
Penn-Ohio Edison Co-

85

1st mtge 3%s 1972..
J&J
Ohio Elec Pow 1st M 5s '57-J&D

114

M&S

—1st—5s

M&N
8 f reg income 3-6 %s May 1 '69
N'west Cities Gas 6s 1949—J& •

M&N

110%

110%

Serv—

161

1st Hen 4-6s 1968

1st & cons 4s 1965

Northwest Pub
deb 6s 1950

125

30

Deb 5s 1956
F&A
Oberpfalz Elec 7s 1946
J&D
Ogden Gas 5s 1945—
M&N
Ohio Assoc Telep 4 %s 1966.J&D
Ohio Cent Telep 1st 6s '47
J&J
Ohio Cities Water Corp—
1st M coll tr 5%s '53 ser A. J&J

108%

Non-cum inc deb 6s 1950-M&N /

NY PA NJ UtlUties—

105%
105%

112%

J&J

1942

Penn Central Light & Power Co—
1st & ref 4%8 1977
M&N

f g 5s 1940 opt—J&J
Utilities Co—

J&D

80

109%
112%

Pecos Valley Power & Light Co
1st extended 6%s 1950.-M&N

100

110%

A 1957

5s,

consol gold

109%

ser

37

Paterson & State Line Traction—
5s
1964
J&J

107%

110

103
52

49

Paterson

109%

N'western Telog 1st 4 %*

100%

46

Parr Shoals Pow 5s 1952
Paterson Ext extd 5s 1950

129

J&D

Nova Scotia Light & Power
1st M s f 4s 1957

104
49

Ry g 5s 1942

B1966
A&O
Ref mtge 3 %s ser O 1960-J&D

106%

M&S

1st M 5s

101%

,

Pacific Power & Light Co—
1st M 5s 1955
F&A
Pacific Telephone & Telegraph—

103""

106

Louisiana

101%

35

Pacific

105

1st & ref 5s 1962
A&O
Northern States Power (Minn)—
1st & ref M 3%s 1967
F&A
Northern States Power (Wis)—

Northern

103

r

Paterson Ry—See Pub 8erv Corp
Pecos Valley Gasext6%s '44M&N

A—M&N
1st Hen & ref 6s 1947 B... M&N
•Northern Okla Gar 1st 5s *4Q- J& J

s

r

J&J

1st

Northwestern Pub Serv Co—

A.-.J&D / 102%

Inc 6s Nov 1949 ser

V

102%

Northern N Y Utilities Inc—

Ooll tr

M&S

1969

1st & ref M 3 %s ser 11966. J&D
Pacific Light & Power Co—

O

1st mtge 3%s 1964
Northern Texas Elec Co—

3%s

Ref mtgle 3 %s ser

M&N
1st &ref 5s l969ser D-.-.M&S
1st & ref M 4 %s 1970ser E .T&D
1st 3%s series A 1969
F&A
Nor Indiana Telep 4 %s '55-M&N

1st

New Orleans Pub Service Co—

e

107%

Northwestern

99

New Orleans Pontchartraln Bdge

*

101%

84%
72%
106%

1st & ref 5s 1956 ser A

mtge

Oonv

106

Northwestern

125%
r

1st mtge 6s 1958
J&J
New Orleans City & Lake—
1st s f 5s 1943
J& '
New Orleans City RR 5s'43 J&J

105.

104%

1st M & lien 5%s 1957 -.M&N
North Shore Gas Co of Illinois

Northwest

New Mexico Power—

103.

102%

46

ser

98

Pacific Gas & Electric Co—
1st & ref M 6s 1941 ser B.J&D
1st &ref M 48 ser G 1964.-J&D
1st & ref M 3 %s ser H *61 .J&D

105%

Northern Penna Power Co—

Deb g 5s 1947
Conv deb 5s 1948

4%s

48

106%

30

1st lien & ref 7s 1946

78%

Newark Cons Gas con 5s '48-J&D
Newark Gas 6s Apr 1 1944--Q-J
Newcastle (City of) W 5s '41 J&D
New England G & E Association

1st

65

Northern Indiana Pub Serv—

GELH&P

N

43

105%
105%
106%

1st coll & ref 5%s *48 ser A_ J& J
North Penn Gas Co—

111

101

Refunding 5s 1901
M&S
Los Angeles Pacific Co—
1st ref g 4s 1950 opt '15-.J&J
Los Angeles Pacific RR—
1st & ref mtge 5s 1943.M&S

109%

North Continent Utilities Corp—

107

24

Nev Calif Elec 1st 5s 1956—A&O
Deb 6s July 1941.
J&J
New Amsterdam-Gar—Seer N Y

M 3%s

56

Joint 1st mtge 4s ser A '42. J&J
North Texas Co 3-6s 1957—J&J
North Ind Gas & El 6s '52--M&N

24

Nat Toll Bridge 6s stmp '39-J&J
Nebraska Pow 1st 4%s 1981-J&D
Deb 6s 2022
M&S

cons

109%

Ltg Properties
3%s secured notes 1947--.A&O
Nortn Carolina Gas 6s 48--M&N
North Central Gas 5 %s 1955 A&O

1st & ref 5s 1966

Debenture gold 5s 1978.-F&A
Certificates of deposit

1st &

110%

Boston

111%

—

s

North

102

r

r

Ozark Power & Water Co—
1st a f 5s 1952
M&S
Pacific Coast Power 5s 1940-M&S
Pacific Elec

North Amer Light & Power Co—
S f deb 5%s 1956
J&J

107

National Power & Light—
Deb 6s series A 2026
F&A
Deb 5s 2030ser B-._
-_M&N
National Public Service Corp—

1st

109%

4s debentures 1959
-F&A
Nor Amer Gas & El 6s 1949..J&J

J&J /

1978

1st

F&A
F&A

3 %s debentures 1949-.

Mut Fuel Gas-See Peoples GL&C
Mutual Un Tel—See West Un Tel

5s stamped

98

North American Co—

Municipal Gas & El Corp of
Recldnghausen 7sl947
J&D /

Narrangansett Electric Co—
1st mtge 3%s 1966
-J&J
Nashville Gas & Heating Co—
1st 5s 1951
M&N
Nashville Railway & Light—
Cons g 5s 1953 opt 1908—J&J
Nassau El RR—See Bklyn Queens
Nassau & Suff Ltge 5s 1945--F&A
National Electric Power Co—

97%

3-3 %s 1910-1948
A&O
Otter Tail Power Co (Minn)—
1st mtge 4s 1901
J&J

See N Y Gas Elec Lt & Pow

102%
103%

Muncie Wat Works 5s 1965.M&N

110%

Ask

Serial notes—

Niagara Falls Power—
1st & ref 3%s 1966
M&S
Niagara Lockport & Ont Power—
1st & ref 5s 1955 ser A
-A&O
Nippon Elec Pow Ltd (Japan)—
1st mtge 6%s 1953
J&J
Norf & Ports Bdge 6%s '47--F&A

100%
102%

1st M 6s 1938 series B
Mountain States Tel & Tel—

105

Ottawa Light Heat & Power—■
Ref & coll tr 4s 1957
A&O

110

1st M 5s 1951 ser A
M&N
N Y & Westchester Lighting—

23

J&J
J&J

1st & ref 5s 1938

Bonds

104%

J&J

Ref mtge 3 %s ser B 1967--J&J
N Y Water Service Corp—

86

Mountain States Power Co—

Bid

Ask

Bid

Bonds

New York Steam Corp—
1st mtge 3%s gtd 1963
New York Telephone Co—

and Income and defaulted bon
month preceding the date of issue

Elec & Peo 4s tr ctfs '45.A&O

/

People's Traction Co—
P P Ry tr ctfs 4s '43-F&A /
Union TVaction 4s 1952.J&J

94

Called Jan 1 at 103. hBasis. d Called Jan. 1 at
r Payable in Canadian funds,
x Called May 1 at

J&N., 1940]

PUBLIC

NOTICE—All bond

UTILITY

BONDS

77

"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

Suburban Water Co—
s f 4s 1965
-^-M&S

are

Ask

Bid

Bonds
Phlla
"1st

prices

107

108 %

J&J
J&J

33

Phlla & Western Ry 5s 1960-J&J
Philippine Long Distance Tel—■
1st s f 6s series A 1953
J&J
Piedmont Hydro-El Co (Italy)—
1st &refsf 6%s 1960ser A A&O

4

1st 6s 1954

Pinellas Wat Co 5%s 1959.M&S
Pitts Canonsburg & Wash 5s 1937

Pittsburgh
Rys—See Phlla Co
Pittsburgh Suburban Water Serv
1st 1 & ref 5s 1958
M&S

43

"4%

101

104

107
96

Pt

105

Henry LII & P 1st 5s '46.F&A

Portland (Ore)
1st & ref g 5s
Certificates
1st l'n & gen

Gas & Coke—
'40 opt '20. -J&J
of deposit——
4%s 1940—J&J
Portland Gas Co 1st 5s 1951-F&A
Portland(Me) Gas L 5s A'50 A&O

30

12%

Portland Elec Pow 6s 1950-M&S

22 %

106
101

17%

Potomac Edison Co—
1st mtge 5s 1956 ser

108%

108%

3%s

ser

Sub

1st

5s

San Diego Co Wat 6s A

105

'62.M&S
Bay Toll Bridge—_
1st M sink fund 6%t '57-M&N /
Deb s f 7s 1942
M&N
San Joaquin Lt & Power Corp—

30

Unlf & ref 6s 1952

43

106

4.20%
108%
108%
107%
105%

81

4s series B1959

2d 6s '14 ext 5% to *44.A&O

95

100

So Jeisey Gas El & Trac—
Guar g 5s Marchl .1953.M&S

108%

109%

1st mtge 4s ser A 1966
107
F&A
Serial debs Feb 1 '40-'46.F&A 61.00 to
Public Service Co of Pa—
1st lien & coll 5%s *53
62
J&D
Public Service Elec & ^as Co—
1st & ref M 3 %s 1968
J&J
111%

Public
1st

J&J
J&D

146

219

Utilities Consol Corp—
M 5%s 1948
M&S

111%
i

149
223

87

88%
73

100

Puget Sound Power & Light—
1st & ref 5%s 1949
-J&D
1st & ref 5s 1950 ser O—-M&N
97%
1st & ref 4 %s 1950 ser D.J&D
92%
Quebec
Power—
1st & coll 4sl962
J__-M&S
78
Queensboro Gas & El 5s '52-J&J
118
Conv g deb 5%s *52 ser A-A&O
95%
Republic Service Corp—
1st coll trust 5s 1951
J&D
75%
Rhine-Ruhr Wat Serv Union—
Extl deb 6s 1953
----J&J /
12%
Rhlne-Westphalla El Pr (Germ'y)
~Vn
Mtge g 78 1950
—M&
13%
Direct mtge 6s 1952
M&N!/ 13%
Con mtge 6s 1953
F&A1/ 13%
Cons 68 1955-.
A&O /
13%
Richmond (Ind) W W Corp—
1st M 5s 1957
-M&N
105%
Richmond (S I) Lt & RR—
1st coll tr f 4s 1952
J&J
105
—

108%
3.70%

71

1st coll 4-5%s 1948—
A&O
Puerto Rico El Pow 4s to '56-J&J

-

80

5s 1953
M&S
Rochester Gas & Elec Corp—
Gen mtge4 %s 1977ser D.M&S
Gen 3%s series H 1967
M&S
Gen mtge 3%s ser 1 1967.M&S
Gep mtge 3%s ser J 1969-M&S

Lighting Co—

94%
94%

108

95%
95%

76

78

98%

99%

102

62%
65

73

1st mtge 4s 1966
Serial debentures—

...J&J
...J&J

103

105%

100%

6s stmp ext
May 1 *48
Debenture 6s 1951
Debenture 6s 1966

67
67

A&O
F&A

67%
67%
66%

J&D
6s gold debs 1957
F&A
Standard Power & Light Corp—
Deb g 6s 1957
F&A
Standard Public Service Corp—
1st lien 6s series A 1948
F&A
1st lien 6s 1948 ser B
J&D
Standard Telephone Co—

66%
73
73

1st 1 coll tr 5%s '43 ser A. M&N
Conv deb 6s 1938
M&N
Stettin Pub Util 7s 1946
A&O

88
13
12

Steubenville Wellsburg & Weir ton
Ry 1st 5s 1951
A&O
Syracuse Gas g 5s 1946
J&J
Syracuse Lighting 5s g 1951-J&D

17

113%
126

Syrac Rap Tr 1st g 5s 1946-M&S
2nd mortgage 5s 1930
J&J
Taiwan El Pow s f 5%s 1971 J&J
Tampa (Fla) Gas 5%s '56--A&O

17%
4%
52%

-

5s

1961

96

A&O

89%

J&D

74
94

1958

1953

99

1st M 5s 1943
.F&A
Ref s f 6s series A 1955.
M&N
Ternl Hydro Elec 6%s 1953.F&A

100%

—

Sioux City (la) Serv 6sl951-J&J

Terre Haute Traction &
1st con M g 58 1944

100

Terre Haute W W
1st M 6s 1949
1st M 5s 1956

1st ref 5s 1950
M&N
South Carolina Power Co—
1st lien & ref 5s 1957
J&J

78

79

99%

99%

South Jor G E & T—See Pub Serv ice

Southeastern Gas & Water Co—
1st lien 6s 1944
„_J&D
1st lien 68 x-w 1941
J&D

Cor

25

93

60

45

Light—
M&N

108%

Corp—

sir

A

ser

B

J&D
F&A

102
102

Texarkana Wat 1st 5s '58.-F&A
105%
Texas Consumers Water—
1st 6s A 1939
A&O
Texas Elec Ry 5s 1947
3
J&J
Tex Trac 1st 5s 1937 opt—J&J /
3
Texas Electric Service Co—
1st mtge 5s 1960
J&J
104%
Texas Gas Utilities Co—
,

30
65

S'eastern P & L deb 6s 2025.M&S
Southern Bell Telep & Teleg—

112%

113%

3%« debentures 1962-.._ A&O
3s debentures 1979
J&J

90

34
120

—

3s 1940-41
5s 1942-1946

77

79%

104

...M&N
Temescal Water 1st 5s A '60 M&N
Tennessee Eastern Elec Co—

10%
105

103

A.-.J&D

M&S

5s

103

J&J

ser

Telephone Service (Ohio)—

107

1st 5%s ser B 1957
M&S
Silesia Elec Corp s f 6%s'46 _F&A
Sioux City Gas & Electric Co—

105

78

1st mtge 5s 1957

Deb 5s

Mtge g 4s Dec 1. 1943...J&D
South Bay Consolidated Water—

106%

109

106

—

Telephone Bond & Share Co—

67

Somerset Un & Middlessex Ltg—

88

A&O

1st ref 5s 1965

1st

Gen income 4s (w-s) 1957-A&O
Sierra Pacific Power Co—
1st & ref 5s 1960 ser A
M&S

96%

Valley Gas Co—

Deb g

15%
68%

Shreveport Rys—

108%
104%

109

109%
109%

110%

108

109

108%
110%

104

106

—

mtge 58 1950
A&O
Roanoke (Va) Gas Light—
1st 5 %s 1951
F&A
Roanoke Ry & El 5s 1953--F&A
Rochester Central Power Corp—

105

50

Shawinlgan Water & Power Co—
1 st M&col s f 4%s'67 ser A A&O
1st coll tr 4%s ser D '70-A&O
1st coll tr 4s ser F 1961
A&O
1st coll tr 4s ser G 1969--J&D
Shenango Val Water 4s B'61 A&O
Shinyetsu Elec Pow (Japan)—
1st sink fund 6%s 1952
J&D
Shrevp't Bdse & Term 5s'55_F&A

72

Convertible notes—

64

13%

73
75

6s stmp ext May 1 *48—..A&O

96

M&N

M&S

1948

Stamford Water 1st 5s 1952—J&J
Standard Gas & Elec of Del.—

94

68

98

-

1st

104%

105

93

111%

4%

Spokane Gas & Fuel 5s 1944.F&A
Spring Brook Water Supply—

Springfield (Mass) St Ry—
Ref & gen 6s 1940

3

A&O

98%

,

Flo Grande

92

91

1st 5s 1944
a
M&S
Second Ave Trac—See Phlla Co—

Seattle

105

Spring Val Util ref 6sl943„ J&D
Springfield City Water—
1st mtge 4s ser A 1956
A&O
Springfield (Mo) Gas & Elec Co—

106%
107%
105%

..A&O

Income 3sApr 1 1959
Seattle Gas 1st 5s 1954

126

Public Service Co of Nor 111—
1st mtge 3 %s 1968
A&O
Public Service Co or Oklahoma—

2037

90

1st & rer ns 1967 ser A
F&A
1st & ref 5s series B1961.F&A
Scranton Trans ser A 5s'59.A&0
63

ref 5s

132%

102%

Schenectady Ry 1st 5s Mar 1, *46
Scioto Val Ry & Pr 1st 6s '43. J&D

102

83

70

1st 6s 1949

105

M&S
Scranton-Spg Brook Water Serv—

61

&

18

%
131%

Ry debenture 4%s 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 (Pa) Elec 5s 19471
A&O

102

J&D

^:-lstM"5s4^957'serBr_:^-iF&A cM02%t
1st mtge 3%s ser A 1969—J&D
102%
Southwestern Power & light—
Deb g 6s 2022 series A
103
-M&S
Southwestern Public Service Co—
1st M s f 6s 1945 ser A
J&J
107%
Southwestern States Telep Co—
1st M 6s

17

^

1st mtge 3%s ser A 1961--J&D
Santa Barb Tel 3 %s ser C'66 J&J

1st 4%s 1958

155

Ry—

& ref 8s 2037

112

Sandwich Windsor & Amherstb'g

J O Hob & Pat 4s 1949—-M&N
Paterson Ry—

1st

B—M&S

ser

San Jose Water Works—

104%

151%

1st g 5s Dec 1, 1950—J&J
Ells & Karitan Riv 5s '54-M&N
Elizabeth & Trent 5s '62.A&O

1st

103

Scranton Gas & Water Co—

J&J

1946

Ells Plalnf & Cent Jersey

a

108%

San Francisco

107%
107%
106%
104%

Public Service Corp of N J—
Trust certs 6% perpet—M&N
Camden

A&O

Apr 15 1940-48

110

14

F&A
J&D

st

105

107%

—-•—A&O

San Diego Consol Gas & Elec—
1st mtge 4sMay 1 1965—M&N

104%

6%
70

1st & ref M 3s ser C 1968—J&J
107%
Southwestern Gas & Elec Co—
1st 48 series D 1960
M&N
106%
Southwestern Light & Pow Co—
1st M 5s 1957 ser A
F&A d 102%

102%

100%
106

*60--M&N

1st 3 %s series EF1961
3%s series
1966

1st mtge 4s 1963Serial notes—

86%

M&S

Southwestern Bell Telephone—
1st & ref M 3%s ser B '64 J&D

San Antonlo-PubllG Service-

109%

-

52

Southwest Telephone Co—
1st 6s series B 1947
1st 6s series C 1947

111

—-M&S

96

37
99

F&A
Users Assn

-

95

100

114

99%

6s 1940-1943
F&A
San Angelo Telep 1st 5s 1958 F&A
San Antonio Gas & Electric—

4s

O 1960—F&A

63%
11%

75
126

93

Southside va Pow 5s 1956--F&A
Southwest Gas Co (Okla)—
1st s f 6s 1954
M&N

Conv deb 6s ser A 1932
J&D
Southwestern Assoc Telep Co—
1st M 5s 1961
.—A&O

Guar 5s 1952

-111-

74

a f

S'west Nat Gas Inc 6s 1966--A&O

Salmon River Power—
Salt River Val Water

5s 1949

124

Southern Trac—See Phlla Co
Southern Union Gas—
1st & ref 5%s series 11945 A&O
1st & refine 5%s ser II'45 A&O

...—M&S

Light—
Gen gold 5s 1944

82"

Public Gas &Ooke 5s 1952—J&D
42
Public Service Co of Colorado—
1st mtge 3%s 1964
103%
J&D
4s s f debs 1949
J&D
105%
Pub Ser of Indiana 6s 1952-F&A 1103%
1st mtge 4s ser A 1969
102
M&S
Serial debs 3 %s Sept 1 '40~'49_. 60.65to
Public Service Co of N H—
1st mtge

11%

i8oVA

Provincial Light Heat & Power
5s 1946
—M&S
Prussian Elec 6s 1954
F&A

1st mtge 3%s ser D

63%

107

70

1st M 5%s May 1, 1960..M&S

3.40%

St Paul Gas

110
109

I

102

106%

6s 1942— -A&O
Southern United Gas Co—
Non-cum 6s (ws) 1951
/
Southern Utah Power Co—

105

1964—

101

Adj mtge inc Jan 1 6s '60.A&O
1st M pipe line s f 4 %s *51 A&O
Southern Neb Pow 5%s B'47 J&J
South N E Telep 1st 5s 1948. J&D

10-year coll

115

St Louis & Springf Peoria RR—
1st & ref gu g 5s *39 opt—J&D

81

(Calif)—
M&N

Ask

Corp—

S'west Pub Serv 6%s 1937--M&S

1st mortgage 5s 1959
Convertible income 4s

102"

104%
17%

B 1963 F&A

98

81

St Louis Public Service—

98

Conv deb 5s ser A 1957
J&D
Power Secur coll tr 6s '49..J&D

110

97%

83%

Porto Rico Telep 6s 1944—J&D
Postal Teleg & Cable 5s *53-J&J

ser

109

82%

100
98

Providence Gas 4s

106

82

80

Power Corp of Canada Ltd—
Conv deb 4 %s 1959 8er B.M&S

102%

83%

80%
106%

1st M 4%s 1961 series F_—A&O
"TofomacTHectrlcTower—
1st mtge 3%s 1966
J&J

100%
104

3-4%s
1941-43
-J&J hi.00 to
St Joseph Water 4s A 1966--A&O
106%
St Louis Co Gas 1st 5s 1951-A&O
107

Portland General Elec Co—
1st &ref 4%s 196u
M&S
1st M 5s exten to 1950
J&J
Portland (Me) RR 3%s 1951-J&J
1st 1 & con m 5s 1945—M&N
Porto Rican Power 6s 1950-M&N
Porto Rican Rys Ltd 5s 1962M&N

E.-M&N

35'

17

S0H

—

105%

Southern Counties Gas
1st M 4%s 1968
Southern Natural Gas

Serial notes—

24%

105%

65%
46

106

1st mtge s f 4%s 1979
J&D
Saguenay Power 4%s A 1966 A&O
1st 4%s series B 1966
A&O
St Clair County (111) Gas & El—
1st cons guar 5s 1959
M&S
St Joseph Ry, Lt Heat & Power—
1st mtge 4%s 1947
J&D

12

54%
105%

64%
44%

Gen M 4%s May 1948—M&N
1st s f 4s Oct 1945
A&O
Safe Harbor Water Pow Corp —

103

Pittsburgh Trac 1st 5s 1927-A&0
Plainfleld-Un Wat 5s A '61-M&M
Platte Val Tel 1st 4%s '58-M&N
Pomeranla Elec 6s 1953—M&N

53
105

60%
43

Rumford Falls Power—

6

Bid

58%

1958.M&S
1958.M&8
Rome (Ga) Ry & L 5s '46A&O
Ruhr Gas Corp 6%s '53 A_.A&O

46

Bonds
Southern Cities Utilities Co—
1st lien & coll 5s 1958
A&O
Southern Colorado Power Co—
1st g 6s 1947 seriesA
J&J

40

S f4%slnc A notes
S f 4%s inc B notes

92

43%

101

Water extend 5s 1951-—-M&S
Roch Ry cons 5s g 1930.--.A&O
d 5s g 1933 ctfs of dep
J&D
Rochester Transit Corp—

Phlla & West Chester TractionIs t 4s 1954

Ontario

Lake

&

Ask

Bid

Bonds
Rochester

105

Southern California Edison—

Ref mtge 3 %»
May 1 I960-J&J
Ref mtge 3 %s ser B I960—J&J
Southern California Gas Co—
1st & ref 4 %s 1961
M&S

105

1st M

& ref 48

Aug

1

'65

F&A

110

Southern California Water—

82

1st M4Hs 1960

A&O

1st 2-6s 1951
M&S
Texas Hydro Electric Corp—
1st mtge 6s ser A 1956
A&O
Texas Pow Corp 6s 1956.—M&S

General

6%s

1956
Texas Power & Light—
Deb g 6s 2022 ser A
1st

&

ref

5s

1956

M&S

J&J
M&N

Texas Pub Serv 1st 5s (w-s) 1961.
Texas Traction Co 5s 1937--J&J /

23%
87%
100%
92%
113

107%
98%

Southern Canada Power—
120

4%s 1962-.—

A&O

r

103

107

109%
106%

107

r

♦

Called Feb. 1, 1940. at 105

Interest,

k Last sale,

n

Nominal,




/Called Jan.
r

11

at

103%.

a

Payable in Canadian funds.

Average price.

5 Basis,

d Called Jan. 26 at 102%.

/ This price includes accrued

PUBLIC UTILITY BONDS

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
Bid

Bonds

AdJ inc g

1st 5s; g

Third Ave RR

Westchester El 1st 5s g
Yonkers Ry

102%

1st 6s

(Japan)—

103

104%

75

5s 1949.-M&S
6s 61 A&O
5s 1968. _J&J /

80

122

125

1950-^&D
Union Gas System— *\
1st M & coll s f 5s 1948—J&D
1st 4 %s

End Trac—See Phila Co
West Ohio Gas 6s A 1954---J&D

107%
103%
100

85
87

M&S

118%

119%

110%

Westchester Service Corp—
4s 1948-1953

Union

Union

60

'

Service Co—
5%s *51 ser A.M&N
Unit Elec Co of N J 4s '49--J&D

103

98

1951 ser B—

Gen ref M 4s Jan

United Gas & Fuel

45

1948—-J&J
United Ilium Co New Haven—
1st 4s Feb 1 1940
F&A
United Light & Power Co—
1st s f 5%s

r

45%

83

1st 1 & consol 5%s 1959—A&O
Deb g 6s 1975
M&N
United Lt&Rys (Me)6s A*52 A&O
Deb 6s 1973
J&J
Un Lt Rys (Del) deb 5%s.52 F&A
United Public Utilities Corp—
Conv coll tr 6s A 1960
J&J
Convcolltr 5%s B 1960—J&J

United Rys Cos 4% ctfs '49.J&J
United Railways of Havana—

100%

100%

86%
106%

87%
108%
83%

83

118

119

79

80%

92%

93%

101
98

103%
99

7
F&A /
Louis—
35%
July 1 1934——-J&J
37%
City & Sub Pub Serv 5s 34-J&J /
United Securities Co Ltd—
Coll s f 5%s ser A 1952--M&N
52
Coll s f 5%s ser B 1952.-M&N
52
United Telep Del 6s A 1948 A&O
91
United Tel & Tey5%s A'53.M&N
100
1st lien 6s ser B 1953
M&N
100%
United Traction (Albany)—
Con g 4%s 2004
J&D /
4
Unit Trac (Pgh)—See Phila Co
Unterelbe Power & Light Co—Sink fd M 6s 1953
A&O / 12
Upper Mich Pow & Light—•
1st mtge 4s ser A 1959—F&A
Utah Lt & Tr 1st 5s 1944 A-.A&O

M&N

1st lien gen M 5s 1944—F&A
1st lien & gen M 4 %s 1944-F&A

103

98

5

*
100

2%

Bear

119%

♦

40c

Bell

*

r

74

101%

r

Telep of Pa 6%% pref —100

25
—100
Birmingham Elec %7 pref
*
$6 preferred*
Birmingham Gas common......2
$3.5J prior preferred
50
$6 preferred
*
10
Birmingham Wat Wks 6% pf-100
Blackstone Vai Gas & El pref. 100

67%
66

68%

Boston

Edison

37%
38

M&N

1941 opt

55
55

105

104

101 %
105%

104
59
49

109%
60%

107 %
101

J&J

108

1961

Wisconsin Power & Light—

103

_

105%

106

mtge 4s 1961
J&D
109%
Serial deb 4s June 1 1940-46— 60 75 to
Wolverine Pow adj 4 %s Mar

104

1'591

1952
J&D f
Cum income 6s (w s) 1952-J&D /
Cum income 6s

45

7%
35%

7%
37%

*
r

45

Cable &

70
74

103%
99%

M&N /

1950—J&J
J&J
Co Bldg (Kanata Realty)—.
5s
1956
F&A

Utica G & El ref & ext 5s *57

3

4%

124
127

.

•

Utica & Mohawk Valley Ry—
1st

4%s

M&S /

1941

100%

102%

_

Utilities Power & Light Corp—
Deb g 5%s 1947
J&D /
Deb 5a 1959.
F&A /

2%
88%
88%
99

New 4%s debs w i 1944
Utilities Public Service Co—

4

90
90

102

6

J&D /
15
LtgCorp 1st 5s'44 A&O / 10
J&D / 12
Virginia Electric & Power—
110
1st & ref M 3 %s B 1968—M&S
Virginia Public Service Co—•
102
1st & ref 5%s 1946 ser A--F&A
1st & ref 5s 1950 ser B
J&D
100%

49

15""

Jst & ref 6s1946O 1952
ser
)eb
f 6s
s

M&S
F&A

102%
99

17

let M 4 %s A 1956
J&J
Washington Gas & Electric Co—
1st if 5%s 1947
-F&A
1st M 5%s 1953
J&J
1st M 5s 1955
M&N

1960.F&A
Washington Gas Lt 5s '60..M&N
Washington Ry & Elec Co—
Consolidated 4s 1951
J&D
1st lien & ref 6s w w

Pot 5s

1949

5s 1949
City & Sub 5s g 1948
1st

guar

Allegheny Traction—See Phila Co
Allentown Beth Gas pref
50
Ainer & Foreign Pow com
*

!7 preferred.
6

cum

pref

%°7,

104

106

70

72

70

72

68

70

50%

51%

123

125

107%
96%

109

A&O

A&O

110

F&A

96%

23%

106%




t Called Jan. 2 at 102%.

22%
107

1%

"4%

82
82

101%
24%
37
99

*

com

•

%
3%

r

1

Canadian Marconi

Capital Transit (Wash, D O)
6 preferred.

103""
25%
40
104

17%
%
13%

18
1
102

15

92%

93%
160

19

9

12

105

89

94

102
108
100

97

1

Central Elec and Tel com

97%

1.00

Gas & Elec

58
1%
6%
19%

»

%
38%

113%

com._—

...»

& Traction.

—25

25

preferred.

2

%
15%

*

27%
4%

*
-♦

57
47%

& Light com

$6 pi 4erred_
$5 preferred-

—

7% pref—.100
American Service S3 preferred-_*
Amer States Utility com
1

Amer Public Serv

5%% preferred
Superpower Oorp com
First J6 preferred
Preferred $6 series
American Telep & Teleg
Amer Utilities Service com
6% preferred
Amer Wat Wks & Elec com

25

101%
91

1.10

96

82%

f Flat price.

70

73%
97

105

1%

108

107

Central N Y Power Oorp—

24%
6%

97%

20%

90

98
92

%>

109

111

38%
114%

100

101%

%6
70

113%

Prior

118

Central States Pow & L $7

pf-.

4

Cent Vermont Pub Serv 6% pf.
Central West Co. v't c

104
1

48

97

16%

17%

2%

"H

2%

15%

15%

1

|

%

74%

|

109

15%
170%

15%
171

I

96

25c

35c

*

11%

I

97

6%

*

113
108

;
I

Preferred BB.

110

1
\

116

♦

n

Nominal,

2

4%

7%
11%

94%

25

1%
4%

1%

15%
28%
4%
57%

94

%

68%

2%
%

72%

* Last sale,

112%
83%

72

♦

—

116

65

*
100
*

14%

105

♦

Appalachian El Pow 7% pref
0% preferred
—

6 Basis,

42

111%

Cent Indiana Gas 6%% pr
Cent Indiana Power 7% pr

80

*

Amer

Cent Illinois Light 4 % % pr
Cent 111 Pub Serv $6pref.

$7 preferred.

Citizens Traction—See Phila Co
1
Citizens Utilities com

♦No par value,

23%

21%

95

* 24%

$6 1st preferred
100

91

A—.*
♦

$6 preferred

American Light

100%
90%
79%

♦

7 second 2nd pref series

Amer Powej

Wabash Telephone—

Anacost &

*

$6 preferred
*
$5 preferred
*
Alabama Water Service 6 % pref. *

102%

100

1%

13%

50

14%
114%

PUBLIC UTILITY STKS.
Alabama Power $7 pref

110%

103%

13

41

Warrants..

100%

49

1%
12%
12%

152

Amer Gas & Power com

Eleclty 7s 1947

14%
49%

48

100%

74
78

A&O
104%
Yonkers Ry—See Third Ave Ry
York (Pa) Gas 1st 5s 1941.M&N
101%
York Haven Wat&P 1st 5s'5lJ&D
119
York Rys 1st M ? 5s '37opt. J&D /
96
5s stamped 1947
J&D / 96%

Amer

Conv 6s 1933

Vesten

180

14

or

1971-A&G,/

Warrants

Vermont

28%
3%
6%

150

Utica Belt Line Street Ry—
1st 5s 1939
Utica El L & P 1st 5s

38

28%
2%

Wireless Ltd—

Canada Nor Pow

47

Yadkin River Pow 1st 5s '41

99

• r

Light Oo v c c—25
Brooklyn Edison
100
Bklyn Manhat Transit
*
$6 preferred series A
♦
Certificates of deposit
Bklyn & Queens Transit com
*
$6 preferred--.
*
Certificates of deposit
Bklyn Teleg & Mess'ger (gu)-100
Brooklyn Union Gas
•
Buffalo Niagara & East Power—
$1 60 prior preferred
25
S5 1st pref
♦

Wuerttemberg (Germany)—See

101%
102%

"

145

44

♦

3.75%

Worcester Transit Association—

Hydro-Elec

3

113

Service Corp—

1st

Consol

45%

55

110

J&D

4s ser A 1966

Wyoming Vail P 8 6s

74

70%

44%

Ordinary shares
Amer dep rec 7%% A ord..£l
Amer dep rec B ord
£1
Amer dep rets 5%% prer
£1
Calif-Oregon Power Co—
6% preferred series of 1927 100
6 % preferred
100
Oalif Water Serv 6% pref
100

Wisconsin Gas & Electric—

Wisconsin Public

85

69
2%

Brockton Gas

Water

3%s

54%

72%

100

BostoD Elevated Ry com
Brazilian Tr Lt & Pow ord

78%

15

Winnipeg Elec 1st 4%a 1960-J&J 1102%
Gen 4-5s series A 1965
J&J
51%
Gen inc 4 -5s ser B 1965—J&J /
47
Wise Elec Power 3%s 1968-A&0
109
Wise Fuel & Lt 1st 5s 1948.-M&N

mtge

123
•

82

144

Class B

104%

—-M&S
F&A
M&N

Water 6s 1949

1st mtge

166%

36

76%

Co—
M5s Aug 1952ser A...F&A

1st

6

165%
122

100

Bridgeport Gas Light

101%

4

52%

...

.

Co

ll2""

5%
100

—

90

1.80

110
2

Beaver Valley Water 6 % pref.l 00
Bell Telephone (Canada).
100

Biddeford & Saco Water.

21%

133

-100
100
Hudson River Bdge_.*

Mt

50c"

1.60
21

.25

Beauharnois Power com

5s

1st M 5s 1960ser O

1st

24

105

6

66%
68%

M 5s 1947
A&O
Wisconsin Michigan Power Co—

.

98%

99
99
86
72

1st

Eq 7%s Feb 15 1936

H-1— OO H-^O

20

3

Beverly Gas & Elec

—M&N

f 6s 1952

Williams port

24

103

105

,

103
'52--J&D
Westphalia United El Pr (Germ)
1st M s f 6s 1953
J&J / 12
Wheeling (W Va) Electric Co—
Wichita

7
26

♦

Preferred vtc

102%

1st mtge 3 %s 1966
A&O
Wisconsin Hydro-Electric Co—

39

Gen g 4s

5

25%
20

100

Bangor Hydro Elec com
7% preferred
6% preferred

109

107 %

M&N

J&D
M&S
5%to'4lK&N

Wat

3
l#4

104%

104

M&N
J&J
M&N

1st M 5s 1956 ser B

United Rys of St

Utah Power & Light Co—
Deb 6s May 1 2022

*

1st M 5s

a

Debg6%sl974—------M&N

1%

Western Mass Cos—
3 % % coup notes 1946
J&D
Western N Y Utilities 5s *46. J&D

15-year

2%
2%

—

Class A

4%

Westmoreland

(Hamilton)—

*
*

Western Utilities Corp—

90

United Electric Service (Italy)—
Extl 1st s f 7s 1956 ser A
J&D

*

"5""

Atlanta Gas Light 6% pref
Atlantic City Elec $6 pref

103%

Mut Un 6s ext at

United Elec Rys (Providence)—
Gen ref M (>s Jan 1951 ser A-_

1%

%
4%
1%
1%
1%

___»

Bait Transit Co v t c

25-year g 5s 195130-year 5s Mar 1 1960

117%

%

*
•

Investing Companies
Associated Public Utility.—
*
Assoc Telep Oo Ltd 51.25 pf
*
Assoc Telep & Teleg $6 pref
*
$7*4 st preferred
100

77

5s series B 1950
Deb s f 6s extd 1950
Western Pr Lt & Tel 6s 1948-:
/
Western Public Service Co—
100%
1st & ref 5%s 1960F&A
Western Union Telegraph—
64%
Fdg & R E M 4%s g *50—M&N

67

First lien

103%

A&O

1st

62

Union Water

80

103

Western Cont Util 6s 1944.-M&S
Western Lt & Telep 5s 1954.A&O

5s 1951

88S

M

1

see

65

126%
108%

1st M

A&O
A&O
Ry—See Third Ave Ry
Traction—See Phlla R T

119~~

2%
2%
7%
94%

Assoc General Utilities—

Westchester Elec—See 3d Ave Ry
Westchester Lt 1st g 5s '50--J&D
Gen mtge 3%s gtd 1967—J&J

.

Union Passenger Railway—
1st 4s MiUf 31 1961-,2d ext 4s Mar 31 1960

115%

105

Western N Y Water Co—
1st M 5%s 1950

rl03 "~

Original preferred
$4 preferred
$5 preferred
$6 preferred
$6% preferred
$7 preferred
Option warrants

107

West Virginia Water Service—
1st mtge 4s 1961
A&O

89%

Associated Gas & Elec com
Common class A

74

72

105%

West Penn Elec deb 5s 2030-A&0
West Penn Power—

*
.*
1

6% preferred

102%

West

Texas Utilities Co
1st mtge 3 %s ser A 1969.M&N
West Virginia Ohio River
Bridge 3 %-6_%s, 1960
J&J

105

J&D

1939-42

1st,aerial,4%s.,1543-45-.^T-_-J&i<.

J&J r 98
100%
Telep 1st 4s *64-M&S
Ry—See Boston El

West

-

Tyrol Hydro-Electric Pow Co—
12
1st M s f 7%s 1955—M&N /
Guar s f 7s 1952---F&A f 11
Ujlgawa Elec Power (Japan)—
83
1st M s f 7s 1945
M&S15
Union Electric Co of Missouri—
107%
1st mtge & coll tr 3 %s 1962 J&J
102%
3% notes, 1942—
J&J
Union Elev RR—See N W Elev
99
Union Gas & El 1st ext 5s 40M&S
Union Gas Co. of Canada—
1st serial 4s

63

♦

10

46%

2%
2%
7%
93%
87%

*

6% preferred

West Philadelphia Pass Ry—
1st ext 3 %s 1956
A&O
2d extended 5%s 1956..-M&N

56

B 1952 - J&J
Electric—
1945 Ser A.M&S

1st lien & ref 5%s
1st 1 & ref 5%s

Arkansas Pow & Lt $7 pref

West End St

1st M 5s 1963 series E

. —

Twin States Gas &

101

6%

45

50

116
r

45

5%

1

6% preferred

6%

43

*

Arkansas Nat Gas common
Class A_

Ask

5%

*

com

Common

7%
7%

1st M 3%s ser I 1966
J&J
West Penn Tr 1st 5s 1960—J&D

40

30
5
-—J&D f
104%
Tri-County Telep 4 % s B 56 A&O
/
3
Troy City Ry 1st cons 6s '42 A&O
Twin City Rapid Transit Co—
62%
1st lien & ref 5%s A 1962—J&D

Trenton St Ry ext
General 6s 1941

Edison

Arizona Power $6 preferred
Arkansas Missouri Power—

107

Conv deb 6%s 1945

107%

Trent'n Pass Ry 1st ext>

6%
6%

J&J

A 1950-

ser

West Coast

57%
108%

57

Corp 5s 57--J&J

Trenton G & El g

76

74

1948—-------J&J

Traction Term'l

102%

Certificates of deposit-.Waukesha Gas & Electric Co—
1st
5s
1959
J&J
West Canadian Hydro-Electric—

53

1st 5s 1946.-A&O
1st 5s 79.F&A

1st s f 7s 1955 ser A—M&S15
Tokyo Elec Light Oo (Japan)—
1st g 6s 1953 series—J&D15
Toledo Edison 3%s 1968
J&J
S f deb 4s

98%

60

106%

Bid

Stocks
Arizona

Washington Water Power Co—
1st mtge 3 %8 1964
J&D
Waterloo Ced Falls & No Ry—
1st M s f g 5s 1940
J&J

75

43-J&J

Tide Water Power

Toho Electric Power

14%

97

37--J&J

1942.-F&A

Ry 1st 5s g

Union

51%

14%

1st ref g 4s

Ask

Bid

Bonds

50

(New York)—
1960 opt aft 14 J&J
6s Jan 1960 opt - - A&G

Third Avenue Ry

.

Ask

and lncom* and defaulted bonds
month preceding the date of issue

r

Canadian price.

zEx-dividend.

57

5%

.

"I%
%
%
2%
%
%
%
110

2%
98

4%
58
6

60

52
83

90

90

94

1%

1%

JAN., 1940]

PUBLIC
Quotations for all securities

Stocks

Par

Bid

are as near as

Stocks

Ask

Citizens Water Co of Wash (Pa)

7% preferred
1
LOO
City Water Co (Chat) pref
100
City Water (New Castle) pref.100
Clear Springs Water pref
*
Cleve Elec ilium

103

17

Foreign Light & Power units

78

Franklin Telegraph (guar) —100
Gandy Bridge common.,
*
Gardner Elec Light common .100

32)4

%
70)4

71)4

5

14)4

tr
23*°

34
18

116

46""

41)4

43)4

64*

66

*

100

116
52

100

pref——.50

$4.60 preferred.
_*
Continental Gas & Electric—
7% prior preferred
100
Oontinen Pass Ry—See Phila R T
Crescent Public Service com

170

Greenwich

106

101)4

Gulf Power $6 preferred
Gulf States Util $6 pref

1

6% preferred
100
Cumberland Gas com v t C—
Cumber and Co (Maine) Power

51

54

54

& Light

6% preferred.....100
5h% preferred
100
Dallas Power A Light 7% pref 100
6% preferred
*
Danbury A Bethel G & E pf
25
Dayton Pow & Lt 4 X % pref. 100
Denver Tramway com
*

1)4

100

11

12

125

Detroit Edison

100

123

Duke Power

100

75

Duquesne Light—See Phila Co
Duqueaae Nat Gas common
•

6% preferred
4)4% prior preferred
Ry com
6% 1st pref stamped
6% pref B stock
5% adjustment stock

100

43

100
100
100
100

99c

Eastern Mich Transportation
Eastern Minn Power 6% pref

61

16

16)4

3
20

r

2

6

6)4% pf 100

91

100

85

States Gas
*
Easten Telep A Teleg—.........

20

22

29)4
3 %
7)4
66)4
5854
154

30)4
4)4
754

6% preferred.
Eastern

Eastern Util Assoc
Conv stock

*

com

*

Electric Bond & Share..
$6 preferred
$5 preferred
Electric Ferries common

5
*
*

*

6% preferred
8% preferred

100
100

Elec Power Association Com
Class A full paid

$7 preferred
$6 preferred
2d pref series A
Optional warrants

*
♦

El Paso Electric Co (Del)

100
3
100
60

com

Eliaabethtown Water Cons
Elizabeth Consol Gas

__50

100
...100

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
0% preferred

100

Empire Power Corp—
See Investing Companies.
Empire Telephone com
6% Preferred
Engineers Pub Serv com..

European Elec class A

10
Fairm't Pk & Hadd Pass Ry—See
Fall River Elec Light
25

3154
27)4

16)4
254

16)4

Preferred ($6)
Federal Power A Light com

-

76

85*"

67)4

7154

54
61

67
70

60

6654

25
15
*

50

12

22)4
1154

Power Securities
International Ry v t c
Internat Teleg of Me (gu)

21

H

par

value.




k Last sale

n

100

27

27

£1

5

Marlon (Ohio) Water 7 %
pref.100
Marion Reserve Pow $5
pref....*

82

100
Units

3 H
254
454

4
r

5
90

82

38

35

100
100
*

H
28

35

4

4

*

*

23)4
454
3)4
15)4

*

*
100

...

32
75

6% pref. .100
100

*

82)4
104)4
100)4
101)4

*

*

15

...

25)4
4)4
4

17

35""
84

103

100

Iowa Southern Utilities—
Common

h
4)4

30

100

Iowa Power & Lt 7% pref
Iowa Pub Serv $6 pref

6%
7%

354

it*
3 AU76 1
72

Interstate Power pref $7
$6 preferred

Pow

"3)4

,

Investors Telephone com.
Iowa Electric 6 )4s pref
7% preferred

554

*

354

100
100

arrear certificates

See Investing

Nominal.

r

Companies.
Memphis Natural Gas
Metropolitan Edison Co—

6)4

4)4

15

16

17

18

Companies.
-

—

*
100
*
*

Canadian price.

100
100

x

454

*

93)4

*

*

7% prior preferred

—100
5

...

r
r

40

42

Mississippi Power $6 pref
*
$7 preferred
.*
Miss Power A Light 6%
pref..
Mississippi Riv Pow 0% pref.100
Mississippi Valley Util
*
_

34

10354
95)4
88

35""
10454
96)4
89)4

Ex-dividend.

com

108)4

~5~"
4

105)4
90)4
754

"2)4
4)4
4)8
H

91*
85 H
8354
94

87 H
116 M
45c

10154
4H

97
27
7

100

Montana Power 6%

10

79

...100
*

89

com.

pref

Montreal L H A Pow Cons
Montreal Telegraph

*

7% preferred
100
Mountain States Tel A Tel.. 100
Nassau A Suffolk 7% pref
100

National City Lines com
1
$3 conv preferred
60
National Gas A Elec com
10
National Power & Light com...*
$6 preferred
*
Nebraska Power 7% 1st pref 100

6% preferred
100
Nevada-Calif Electric com
—100
Preferred
100
New Bedford Gas A Edison Ltl25
New Cable A Radio Corp
5
Mew Eng Gas A Elec Assn—
$5)4 preferred stamped
*
New Eng Pow Assn com....
*
6% preferred
100
$2 preferred
*
New England Pow Co $6
pref.100
New England Pub Ser com
*
$7 prior preferred
*

*

$6 preferred..

*

$6 prior pref
*
New England Tel A Tel
100
New Haven Water
50
New Jersey Pow A Lt $0 pref...*
New Jersey Water pref..
100
com

0% preferred—

107

30)4

40

Montreal Tramways com
100
Mountain Fuel Supply
...10
Mountain States Power com..
*

New Mexico Gas

133)4

104

109

*

Convertible pref A
*
Midland Util 7% prior lien.. 100
6% prior lien
100
7% preferred class A
.100
6% preferred class A
100
Minnesota Pow & Lt 7%
pref 100
$6 cum preferred
100

Montana Dakota Utilities

1

H
2634
3)4

5

Preferred
..100
Mexican Utilities preferred
100
Michigan Consol Gas
100
Michigan Gas A Electric—

$7 preferred

arrear certificates

Jamaica Pub Service Ltd.
Preferred
Jamaica Water Supply

*

_

Mass Utilities Associates—>
See Investing

5% preferred
0% preferred

6

92

Light Associat'n

Common with warrants.
*
Common without warrants...*
$2 Preferred
*

*

4

14)4
1454

Market St Ry(San
Francisco)
6% prior preferred
100
Maryland Gas Co

*

107)4
111)4

2

Certificates of deposits
Modified 5% guar
100
Certificates of deposits
Marcon Int Marine
Commun'y—
Amer dep rets for ord shs

Missouri Pow A Lt $6 pref

Italian Superpower—
15
99

24

Missouri Pub Service

4)4

8854

T

25

Monongahela L A P—See PhllaOo
Monongahela St Ry—See PhllaOo
Monongahela Val Water 7% pfd.
Monon-West Penn P 8 7% pref 15

102

*

104
89

15)4

111

50

55

90

14)4

25

25c

25

15

*

93

"654

100

14

77

100

6% preferred
5)4% preferred
Without

60

5)4

27

$5 cum pref ser A
Jersey Cent Pow & Lt 7% pf-100

*

39

59

Warrants

92)4

15)4

37

104

Common

R

3)4
23 54

108

100
100

20

114

100

Middle West Corp com
Midland United com...

2254
5h

...100
...100

6)4% preferred
$7 preferred

98

3

.

Internat Ocean Teleg (guar)..100

80

6)4

3)4

114)4
112)4

Corp
100
A Light—

Conv pref $3.50 series

w*

63
20 M

3

103

lVk*
80

87

58

954

"I""

Interstate Natural Gas

115

220

117

110

International Telep A Teleg
Foreign share ctfs..
International Utilities—
See Investing
Companies.

54
61

18

6% preferred
100
Indiana Hydro Elec 7% pref. 100
Indiana Service Co 6% pref__ 100

v t c__,
5% pref

30c
102

103

7% prior preferred
*
Mexican Northern Ry com—.100

112)4

Internat

4154

11)4
21)4
1154

11

110

International Power Co
1st preferred

3

97

Phila

854

100

3854

100

$5 cum preferred
$6 preferred series O
$6 prior preferred

-.100

Interboro Rapid Transit.
Certificates of deposit
Internat Hydro-El Syst A

110

*4

52

50

7% preferred
*

25

17
114

*

1

42

—.100

Maiden Electric Co
Maiden A Melrose Gas Lt
Manhattan Railway 7 % guar

Warrants.

20c"

H

10

$6 preferred
..50
Illuminating Shares class A
*
Indiana Assoc Telep $6 pref
*
Indiana & Michigan Electric—•

"7)4

3154
26)4

5% preferred
6% preferred.

Mass Power &

44

..*
50
100

preferred

conv

Iowa El Lt A

$5 cumulative preferred
*
$5)4 pref (with warrants)
*
$6 preferred
*
Essex Company.............60

Fall River Gas Works
Federal Light & Tr com

5%

'654

210
46

3)4
60

36

1

Illinois Iowa Power common

58

--

50

111

34
47
10c

5% non-cum preferred
100
Huntington Water 7% pref... 100
Power 7% pref
100
6% 1st preferred
*

65

-

7

654
354

r

*

Preferred

54

2

41)4
109)4

34

31)4
36)4

70)4

1
-.100

Houston Lt A Power $6 pref
Houston Natural Gas com

60

67)4
60

—

Preferred

Eliz & Trenton RR
Preferred

*

3054

25

7% preferred
Indiana Telephone
Indianapolis Power
6% preferred..
6)4% preferred
Indianapolis Ry Co
Indianapolis Water

l

*

Preferred series A 7%
El Paso Nat Gas com.—

7%

3)4

1

Elec Power A Light Corp..

97

.25

7% preferred
Indiana General Service—

2

94

68)4

Arrears certificates
Illinois Power & Light—

1

60

84

"3)4

Idaho

3)4
1954
4354

19)4

100

Eastern Mass St

8)4
140

3

83""

25
25

j

Hudson & Manhattan

2

1

135

86)4

23

254

Holyoke Water Power

7

7
n

com

Haverhill Elec Co
Haverhill Gas Light

25c

3

87)4

Hastonville M & F—8ee PhilaRT

77)4

5c

Louisiana Power & Light $6
pf.*
Louisv Gas & Elec com cl A.
*

$7 preferred

25

Preferred

47
14

84)4
z

1

Hartford Gas

13

100
5

Lynn Gas & Elec Co
25
Mackay Companies 4% pref.. 100

83)4

..25

Havana Elec Ry com
6% preferred
Havana Elec & Util $5 pref
6% preferred.

43

*
100

com

16

110

117

5

75

14

112)4

Light

96
100

102

6

109

Harrisburg Bridge—
20
Harris burg Gas 7% preferred.100
Harrisburg Rys common
50

754
14)4
52

99

112

*

63

....100

95

25

7% pref class A
Hamilton Bridge common
Hamilton Gas common

87)4

10

Preferred

preferred-._—.*

106
119

1

100

Louisville Railway Co

9

39

*
*

115

28

39""

3

75

87

Wat & Gas 6% pf.100

117

112)4

25

.

Hartford Electric

60c

34

*

103

26

52

44

100

20"" Longview Bridge class A

T

pref
*
$1.25 pref.....*

111

11154

Long Island Lighting
7% preferred A
6% preferred B

18

99
44

98)4- Lowell Electric Light——..... 25
Luzerne Co Gas & El $6
88
pref.100

3754,

-98—J

Pow Corp $6

107

Derby Gas & Elec $7 pref
*
Detroit A Canada Tunnel......*

$4 preferred
*
$5 preferred
•
East Coast Public Service vtc.
l
East Middlesex Street Ry
100
Eastern Gas A Fuel Assoc's com

r

i

R

Haekensack Water

96

8

Phila

Common

$5.50
94 X

1

Preferred

Allied

Gen Telep Tri Corp..

33)4

100

Cuban Telep common

1954
51H
)4
10554
37)4
8)4

*

W arrants

98

105)4
107)4

100

Lone Star Gas
Corp

17

100

(Toronto)
100
Consumers Power $5 pref.—--.*

27

Lexington Telep 6% pref
100
Lexington Wat Serv 7% pref.100
Light & Pow Securities Co
*
Preferred
100

72

Gas

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

48

*
20

Green Mt

91

40

45

*

Greenwich

106

*

42

20

110)4
116)4

.*

40

.

98

._*

39

common

Coates—See

6% preferred
Kansas Power Co 6% pref
7% preferred

Laclede Gas Light.
5% preferred
Lawrence Gas & Elec Co
Lewiston Gas Lt 5% pref

*

3c
1 >

*

*

32
166
105

Consumers Gas

4)4
15)4
95)4

101)4

5% preferred
Gen Telephone Corp com
$3 conv preferred

Green &

120

*

Kansas Elec Pow 0% pref._,Tj1 00
7% preferred
100
Kansas Gas A Elec 7% pref. .100

*
*

"IH

Cons Trac of N J—See P S Corp
Cons Trac (Pittsb)—See Phila Co

95

*

Preferred

59

pref ser A

1

(Reading)....25

r

— .

33

Consolidated Gas Utilities com.l

10)4

Corp $6 pref..*
20
Gen Wat Gas & Elec com A
Jl
$3 preferred
*
-4iy* Georgia Powev lG preferred.
*
$5 preferred
8154
*
117)4 Georgia Power & Lt 6% pref
*
3054 Germantown Pass—See PhilaRT
25
107)4 Gloucester Elec Lt Co
Gold & Stock Telep (guar)
100

30)4
10654

*

2)4

Gen Italian Edison Elec Corp—

Gen Telep

54

117

*

2

108

r

Bid

57*

Amer shs for ordinary stock.
General Public Service Corp—
See Investing Companies.

*

118

26

145

4)4

conv

General Pub Util

43

R T

*

pref ser B
$7 preferred
$8 preferred

107

13)4
42 %

cum conv

$6

25

East Shore Pub Serv

Gary Elec & Gas common
Gatineau Power com

Par

Kansas City Power &
Light—
1st pref $6 series B
Kansas City Pub Serv..

Kansas Power A Light—

98

Phila

100

$6

Connecticut Ry& Lighting... 100
4)4% preferred...
100
5)4
Consol Elec A Gas $6 pref.
—4054
Cons Gas ~E L A P (Bait)
*
80 X

Gas

S'thwark—see

6% preferred
.......100
5)4% preferred
Gen Gas & Elec (Del) com A__*
5% prior preferred
*

154
ys

*

4)4% pref series B
Cons Edison Co of N Y com.
$5 preferred
Consol Gas Co (Pgh)

&

-

Preferred

*

Connecticut Power

Consumers

Frankf'd

*

Conn Gas & Coke Sec pref
Common

29

88
65

1H

.

Connecticut Light & Power..
5)4 % preferred

96)4

26

Florida Power & Lt $7 pref

_

—

96

Florida Telephone

113)4
113)4
32 X
54

Optional warrants
$6 preferred
*
Commonwealth Tel (Pa) 7 %
pf 20
Commonwealth Water & Llgh
6% preferred
_*
7% preferred
*
Community Pow A Lt com
*
First preferred 6%
100
Community Pub Ser com
25
Community Water Jerv com
1
7% preferred
*
Concord Elec Co 6% pref
100
Common

*

.100

"6)4

100

Columbus & Southern Ohio Elec—
6% preferred A
100
6)4% preferred B
—100
Commonwealth Edison Co
25
Commonwealth Gas
1
Commonwealth A Sou Corp com *

100

49

74 X

100

33)4
34)4
35)4
49)4

—

106)4
6)4
87)4
63 X

_

3354
47)4

Gas" A Elec Light"50
Florida Power Corp 7 % pref..100
Preferred $50 par

44)4
11434

113)4

Coast Co Gas & El 1st pref. 100
Colum G & El Corp (Del) com..*
6% preferred series A.
100

_

82*

33

Fitchlburg

20

43

*

1

54

;

*

*

issue

Stocks

Ask

Co..

81

100

5% preferred
5% conv preferred

Bid

Par

$6 preferred
$6)4 preferred

100

79

STOCKS

Fed St & Pleasant Val—See Phila
Federal Water Service com A__*

103

*

common

$4.50 preferred
Cleveland Railway

UTILITY

possible for the closing day of the month preceding the date of

454
34

7354
135

34)4
16

46)4
4 54
8)4
94)4
115)4
110
2
36
63

2)s

36)4
13)4
71)4
24

37)4
14)4
72)4
2754

135
1

70
14

154
71
15

13)4
66

12354
73
106

67

125
75

107)4

102 H

-.5

5

50

42

44

STOCKS

UTILITY

PUBLIC

80

month preceding the date of issue

Quotations for all securities are as near as possible for the closing day of the
Ask

Bid

Par

Stocks

Bia

Par

Stocks

Stocks

Ask

Ask

Bid

Par

~

~~16

New Orleans Pub. Serv com...

Newport Electric Corp com..-20
6% preferred
....
-100
New Rochelle Water 7% pref 100
N Y Mutual Telegraph (guar) ..25
N Y City Omnibus common
*
Option warrants
N YPow & Lt Corp $6 pref— - -*
7%
preferred
100
N Y & Queens El Light & PowCommon

-

101

25"

22

15

18

32 %

32%
18

15

120

Hestonville M &

115
4%

4**

42

105%

Pfd-1£2

104%
22

24

Niagara Hudson Power.
-10
1st pref $5 series
....100
2d pref 5% series
100
Class A option warrants—
Clas* B option warrants—...
North American Co
10

5%
85%

86 M

N Y State El & Gas 5%

%

100

6% pref

N Y Water Serv

5%

74

lA
%
22%
57 X

series..
50
5% % preferred
50
North American Light 8c Power.. 1
$6 preferred
*
6% preferred

1*
22%
58
1

85

84 X

%

%
50

100

2

Texas

North

$4 preferred
Northern Indiana Public

9

55

98 X

100
100
100

105%
95*

Northern Liberties Gas. .
—Y5
Northern N Y Util 7% pref—100
Nor States Power (Del) cl A...25
7 % preferred -- - -----—100
6% preferred
.————100

41

(Minn) $5 series cum pref—..*

111

%

14%
78%
68%

7% preferred
100
Northwestern Telegraph (guar) 50
NY PA NJ Utilities S3 pref
*
Ohio Cities Water preferred
*
Ohio Edison $6 pref—.————*
--*
$7 preferred
Ohio Power 6% pref--.
100
Ohio Public Service 5% pref-100

7% preferred—
Ohio Service Holding com

5% preferred
Units

Oklahoma Gas & Elec 7%

6% preferred
Okla Nat Gas Corp
13 preferred

80

92%
20%

4%

Corp

Pacific Lighting

100

1st preferred
...—-—*
Pacific Telep 8c Teleg
—.100
6%
preferred
100
Panhandle Eastern Pipe Line
Common
Pecos Valley How &

*
•
com—*

Lt com

Peninsular Telephone Co

$1.40 preferred class

15

33%
33%
30%
48%
107%
89%

$6 preferred

A—..25

19%
48

13%
105

33%
31%
48%
108%

*

2

Gas

Rhine-Westphalia Electric Pow
Amer shares representing com.
Rhode Isld Pub Serv $2 pref 27 %
Class A
5o
Ridge Ave Pass—8ee Phila R T
Valley Gas vtc

41

2

3

33

34

50
50

30%

32

Preferred-

6% preferred series C_.—J00
6% preferred series D
100
5 % preferred series E .
100
Rochester Telep $6% pref
lOu
Rochester Transit common.....*

Power
10
Joseph Ry Lt & Pr 5% pf
100
6% pref
100
St Louis County Water pref- -100
St Louis Public Service—
*

Rockland Light 8c

%

Pennsylvania Edison Co—
$2.80 preferred
*
$5 preferred
*
Pennsylvania Gas common
*
Penna Gas & Elec Go 7 % pref. 100
Penna Gas & Elec Corp $7 pref- - *
—

Pennsylvania Power $5 pref
*
Pennsylvania Pow 8c Lt $7 pref.*
$6 preferred
*
$5
preferred
*
Pennsylvania State Water pref.*
Pennsylvania Telephone Co—
$2.50 preferred
*
Pennsylvania Water 8c Power
*

1

100

pref
Scranton-Spring Brook
Water Service 6% pref

*

2d 8c 3d Sts Ry—See

110

112

109

111

101
103%

103

106%
58%
68%

1
1

-

100
*

36

1%
1%

16%
36%
1%
1%

100

50
DuquesneLight5% lstpref 100
Federal St 8c Pleasant Val—25
Monongahela Lt & Pow
50
Monongahela St Ry
50
Phlla 8c Darby—8ee Phila R T
Phila 8c Grays—See Phila R T

*

Without par value.




.......

63

100%

95%

115

1%
11%

"1%

81

84

12%

25
25
Original preferred—.......25

73

74%

43

44

80

83

1

2

Southern Canada

2

3%

Southern Col

Southern Calif Gas

O

1%

6% preferred series

A.

%

Power

Pow com A

Preferred

8c E—
preferred

25

115

%
55

15

/Flat price,

4.80% cum

Southern Nat Gas com
Class A common

Eng Telep
Soi thern Union Gas cem

Soi thern New

47%
%
%

49%
%
%

12

13

1

2

it Last sale,

n

Nominal,

r

Common

B

-

14%

-

_

-

20%

19%

114

15%
101%

T%
88

2%

95

2%

18%

3

19%
3%

*

62%
62%

100

18%

45%

34%
25%

63%
19

32

7%
117%
71%
61

8%
118
77
63

.

*

30

31
106

*

105

100
100

5

740

100

18%
114%

Partic units
Preferred

109
103

cum

63

3%

__4

7% pref
Wash (D O) Ry 8c El com

•

100
100

Power

111%
104%

100

preferred—
preferred

Penn

2%

19

New 5% preferred wi
50
Utilities Stock 8c Bond Corp.—.1

West

88%

17%

.....

114%

6%

18%
110%
105%
112%
105

Co—

4%% preferred

115

West Phila Pass—See Phila R T

West Texas Utilities $6 pref-—
West Va Ohio River Bridge-

Preferred

7c
7

._*

...

preferred-

West Va

95%

..———*

Common

96%
15c

12

—

Water Serv 6% pref

99

4

102
85c

.1

com

75c

26

26

27

♦

34

34%

5

N Y Wate** nref

25%

100
•

Wheeling Bridge..
....100
Wheeling Elec 0% pref
100
Water pref
Winnipeg Elec class A

100
112

9
26

101

Westmoreland Water pref-...

'

2%
2

Class B

Wise Elec Pow 6% pref
Wise Hydro-Elec6% pref

...100
100

114

100

Williams port

Preferred

164

89

94

•

Western Union Telegraph-.

114

100%
15%

88

*

$6 preferred
$7 preferred

Western

104

100
7%

34%

10

$2.75 preferred
$3 preferred

86

68

T%

1

%
33%
87%

1

United Utility Co common
Utah Power & Light—

cum

14%
116%

117

*

Preferred
Western Massachusetts Cos..

r

10

10M

112

57

59"

101%
16%

100
Wisconsin Pow A Lt 6% prof. 100
7% preferred
100
Wisconsin Pub Sot Corp 7% pflOO
6%% preferred
100
Wisconsin Telep 7% pref.....100
Wolverine Power Co

7

10

j

166"

Worcester Trans Assoc—...
•
York (Pa) Railways pref......50

26

30

1

2%

York Water Co.—....—...25

25%

26%

15
.

1%
93%

115

1

Western Lt & Tel

34

70

1%
92%
%,
14%

*

50

29%
30%
44%

88%

68

cum

Prior

"%

39%
%

87%

1

1st pref
»
United Light & Ry 6% pref...100
6.36% preferred
.......100
7% preferred
100

7%
6%

........

113

4%

40

West Penn Elec Co class A

19%

18,

24%
14%
1%

Canadian price

2%
39%

Washington Wat Pow 6% pref--*

1

99

25
*
26
100

*
100
*

3%

*

Wash Gas 8c Elec

1%
73

Southern Indiana G

117

com..........

Common
Preferred

117

%

16"

9

Virginia Electric 8c Power—
$6 preferred
•
Virginia Pub Serv 7% pref
100
6% preferred
100
Washington (D C) Gas Light—

112

Co—

Southern Calif Water pref

Corp

New common wi

111

12%

7

%

Utilities Power & LightOld 7% cum prtferred

107%

110

114

'

*

......

18%
29%
29%
30%

5% % preferred series
6% preferred series B

113%
11%

•

United Public Service Corp..
United Pub Util com A.....
Class B common

17

50

Citizens Traction
Consolidated Trac pref

0

29

South Calif Edison common- -

8

%

94

"2%
28

/

United Gas Improvement....
*
$5 preferred
♦
United 111 Co of New Haven..—*
United Lt & Pr com A
......*

6%

.25

Southern & Atlantic

7%

34"

8c Water A— *
Teleg (gu) .25

18"

99

3

25c

93

2%
24%

Warrants

5%

80

99%
99%

100%

105

50

$7 pref series A

10c

17%

112%

_

33

34

3
55—

107

99

31

33

108%
100 %

105

*

14%

4%

8

3%

110%

—

United Gas

118

Pittsburgh Water—

.100

-53—

79

99

60

88

107%
99%
2%

24%

113

7 % pf. -100
South Carolina Power 6% pref..*
6% preferred
7 % preferred

»

__

3%
100%

40

78%
12%

50c

$4 preferred

7%
1%

24

100

Electric

$7 preferred
South Amer Utilities com

South

100

25c

12c

United Gas 8c Elec (Conn) com.*
7 % preferred
100
United Gas & El (N J) 5% pf-100

100
25

Preferred
Sioux City Gas &

Southeastern Gas

85

25

107%
110%

Phlla R T

Shawinigan Water & Power----*
Shenango Valley Water pref-.100
Sierra Hac Elec 6% pref...-.100
Sierra Pacific Pow common
*

Peoples Water & Gas $6 pref—100
Peoria Water Works 7% pref. 100
Phlla City Pass—See Phila R T
Philadelphia Co com.*
$5 preferred
*
6% cum preferred
50
$6 cum pref
*
Allegheny Traction
50

...

,

*

Sou Carolina El & Gas

14

.100

•

common—.—1
Gas common.
*
-

99%

*

Corp
$3 cum preferred
Warrants

106

25
2

80
3

Union Traction—See Phila R T

116

16

112

4

35
116

98"

1

United

100

14

1%
110%

114

Union Pass—See Phlla R T
Union St Ry (New Bedford)—100

55

103%
109%
115%

100

1st $5 preferred
2d $5 preferred—
Second Ave RR Cop (NY)-

57%
67%

125%
112%

100

40%
68%
14%

114

Preferred-

143

125

————100
100

7% preferred
Savannah El 8c Pow 6% pref.

Seattle

♦

100

100
100
100
*

com

Preferred

& Electric—•

14

23

141

1%

New class A

Scranton Transit

39%
67%

162

San Antonio Public Service—

Scranton Electric $6

Warrants B

99

40%

40%
160%

Rochester Gas 8c Electric—

7% preferred
8% preferred

76

2%
103
34

_

50%
108%

96

1

Rio Grande

6% preferred

4

Peoples Gas & Fuel Corp.
People s G L & <' (Ohio..
Peoples Light & Power Co A
Common class B
Scrip
Preferred
arerred

100

7% preterred

San Diego Cons Gas

99

70

100

conv

—

-

106

St Joseph Water

Edison—

Class-A-

*
pref—*
*
*
100
100
100
*

St

6

27

6

16*
%•
%

16

Toledo-Edison pref A 7%
100
6% preferred.
100
5%
preferred—
.100
Twin States Gas 8c El 7% Dref 100
Twin City Rap Transit (Minn)
*
7% preferred
100
Union Electric Co of Missouri—
5% preferred
Union Gas (Canada)
•
Union Gas System com...
10

.

91%

91%
50%

Puget Sound Pr & Lt $6 pref
*
$5 prior preferred-*
Quebec Power common
_.*
Queens Borough G 8c E 6% pf 100
Rapid Transit Ry—See P 8 Corp

92

,148

Warrants

90

96

100
pref..*

Riverside Traction.

17
34

24%

^

6% preferred
*
Third Avenue Ry (N Y).
.100
13th & 15th Sts—See Phila R T
Tidewater Power 6% pref.—.*

9
8%

5%
8%

Public Serv of Okla 6% pref--100

Republic Nat

—

20

»

—

133

115

-

-

12%

%
2%
19%
6%
16%

Texas Power & Lt 7% pref—.100

Rapid Transit St Ry Co—100

104

-

12%

*
—_1

7% preferred..

5%

5

111%
51%

115%

-

93.
100

Texas Power Corp common.-...*

%

%

1

Consolidated Trac of N J--100

113%
41%
41%

-

-

1%

1

*

$3.50 preferred

107

132

39%

6%

5%

103%

21%

20

45

8% preferred
7% preferred
6% preferred
$5 preferred

88

128

-

109

15%
102%

15

—

1%
3%

105

93

100

-

100

3

88

-

93

90

100
6% pref—100

6% preferred
5% preferred

101

•

94

Texas Hydro Electric—

Public Serv of Ind $7 prior

116

45

*

preferred-....
Tampa Elec Co
7% preferred
Tampa Gas, 7% pref.
Terre Haute Elec 6% pref
Texas Electric Ry
Texas Elec Service $6 pref

115

1.00

75c

5%

—.......

5%

85
110

115

—

109

Transit

66

Public Serv El & G $5 pref

114%
102%
19%
46%
112%

3%
36

Public Elec Light 6% pref
100
Public Serv of Colo 7% pref.-100

107%

108

St Ry 150
Superior Water Light & Power—
7% preferred
100
Swiss Amer, Elec 5% pref.500 Fes
Tacoma Ry & Pow Co
*

116

-

-

20

Tacony-Palmyra Bridge—

preferred
60
pref--100

non-cum

Potomac Elec Pow

40~~

83

6% preferred
Pacific Public Service—

3%
33

114%

$5 preferred
Public Service Corp of N J

13%
103%

$5 preferred
Pacific Pow & Lt 7% pref

33

-

16

*

B

63

Public Serv Co of N H $6

2

com

31

Class

Preferred
Suburban Rapid

100

12

38

Heat 8c Power
...100
Pacific 8c Atlantic Tel (gu).—25
Pacific Gas & Electric--..25
1st preferred (6%)25
1st preferred (5%%)
26

51

Texas Gas Util

25%

40

Preferred

51

41

64

36

40

Ottawa Light

52

47

61

-

7% preferred

96

__6

Omnibus Corp new com

48

Potomac Edison Co 6%

89

105%
113%
114%
09%
102%
105%
112%

8% conv preferred A
....100
Oregon Wash Water pref..
*

11%

3

Common

70

100

5% preferred

11

7

43

10

com—.—15
—.50

17

100

33%
23%

pref 100

6%
15%

preferred—100
Power Corp of Canada com. — .*
Providence Gas Co
*

94

.......100

31

5%%

87

$5.50 conv.prior pref
*
Omaha & Council Bluffs Ry—
& Bridge Co 4%pref
100
Omaha & Council Bluffs St Ry Co

Pen n-Ohio

15"

64

*

23

40

(Mass) St Ry Cos....100

Standard Gas & Elec com
$7 cum prior pref
$4 cum preferred
$6 cum prior pref
Standard Pow 8c Lt com

pref 100
50
*

preferred
Portland RR 5% stock
Postal Telegraph System—

160

Ohio Water Service A com—

Common

99%
106%
96%
43%

19

100
100
1
——6

8

13

12

City Water 6% pf 100
Gas 8c Elec pref. — .*
Gas Lt Co
25

Preferred

5%

7

1

$6

112

89%

--100

50

4%

102

98

Northwest Electric 7% pref—.100
North West Util 7% pref
100
7% prior lien
-100
N'western Pub Serv 6% pref. 10b

5%% 1st Preferred
ts% preferred

44

T

R

7% prior preferred

Serv—-

preferred
7% preferred-5%% preferred- —

Phila

Portland Gas 8c Coke 7%
Portland Gas Light

53

6%

Traction—See

73
22

Pittsburgh Suburban Water—
$5.50 preferred
-100
Piainfielrl Union Water
*

50

Co (Del)—.—10
Northeastern Wat 8c Elec com..*

Phila

Springfield
Springfield
Springfield
Springfield

11%
70
20

50
60

com

57
22

Portland Elec Pow 6% pref... 100

716

Securities—*
Ltg Prop com.—*

53

PhilaCityPass Ry($22% pd)-50
Phila 8c Darby Pass Ry
50
Phil 8c Gray's Fy ($25 pd)
50
Philadelphia Traction
50
Ridge Ave Pass ($28 pd)
60
2d & 3d Sts Ry guar
50
13th «&$ 15th Sts Pass Ry
50
Union Pass ($30 5-6 pd)
50
Union Traction ($17% pd)-50
West Phila Pass guar
50
Phila Suburban Wat 6% pf
100

57%

56$

North Amer Utility

North Boston
Preferred

F

Preferred

Southwest Consolidated Corp
1
Southwest Gas (Okla) 7%
pref 100
Southwest Nat Gas $6 pref.... 10
Southwestern G 8c E 7% pref. 100
Southwestern Lt & Pr com A
*
$6 preferred
*
S*western States Telep com
1

38%
119%
30%
2%
5%

20

Frandf'd & Southwark Pass.50
Germantown Passenger
50
Green 8c Coates Sts ($15 pd) 50

118%

„

100
— *
Richmond Gas 6% pref 100

38%
118%
30%
2%
4%

Philadelphia Elec Co com.—...*
*5 preferred..-*
phiiaEleo 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

108

106%
116%

5%
preferred
N Y Railways pref....----N Y &

119%
28%

118
27

7% preferred

~~

18

t New stock

x

Ex-dividend,

101

102

103%
105%
103%

104%

118

120

105""
1

A*

a

Under the heading "Industrial and Miscellaneous Securities" we include all issues which do not appear
under the previous three headings, namely "Railroads" "Investing Companies" and "Public Utilities."
In the
case of stocks, however, we
put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land,,f
"Title Guarantee and Safe Deposit Companies" under separate heads, then follow with the rest of the

"Industrial and Miscellaneous."
NOTICE—All bond prices are

"and Interest" except where marked "f" and income and defaulted bonds

Quotations for a1! securities are as near as possible for the closing day of the month preceding the date of issue
Bonds

53

Bessemer Limestone & Cement—
6s
1955
—J&J
Be nlehem Fdy & Ma 6s'44 A&O
Be -hlehem Steel Co—

46 Hi

48%

Bid

99%

See Investing

companies
92
Advance Bag & Paper 6s '52- J&D
91
Aeolian Co 6s 1944
J4J
62
Agar Packg & Prov 5s 1945-J&D
102
Akron limes-Press 1st 6s '46 A&O
85
Alabama By-Prod 6s 1955—J&J
55
Alabama Mills 6s (w-a) 1953.J&D /
Without stock
——J&D ' 32
Albany Perf Wrapping Corp—
56
1st M coll tr 6s 1948A&O
60
6s assented w vr 1948—A&O

95

—

Cons mtge 3 %s ser F

6%s
Bloeael

British Columbia Pulp & Paper—
1st 6s 1950
-M&N
Gen s f 7s 1950--M&N
Bklyn Serv Station 5 %s '46.J&D

96

95

90
100

Amer I G Otaem Corp—
Conv deb 5%s 1949—M&N

100 %
40
40

75

.65

102%

102%

Companies

Amer La France & Foamite—

5% % notes 1956
J&D / 27
93
Am Lime & Stone 5%s '51---M&S
50
Am Mach & Metals 4s 1943--J&J
Amer Nat Co (Ohio)—
41
Extended 6s stpd 1943----J&J /
100
Amer Seating 6s stpd 1946—J&J
Am Silica-Sand 6s 1951
5%
M&S /
112
Am Tobacco deb 4s 1951
F&A
119
Debenture 6s 1944
—A&O
American Type Founders Inc—
Conf s f deb 2%-5s 1950—J&J
Am Wire Fabrics 1st 7s '42..M&S

105%
92

American Writing Paper Co—
Conv 6s 1961
Ann Apr /
Ames-Holden Tire & Rubber—
Income 7s Jan 1 1943— -M&S/
Anaconda Copper Mining CO—

28

101

13%
44%
42%

80

106 %

106

66
84

M&S /

Arcade Mall Iron 7s 1943—M&N /

36
90

100%
99

63%

.

22

106""

-

100
55

18

Baldwin Locomotive Works—
-

101%
118

Baragua Sugar Estates—

fx 58

60

92
100

Battle Creek Sanitarium—
lstsf 4%s A 1954
J&J
Baush Mach Tool ext 5s *41.M&S /

37%
18

Bayway Terminal 2nd inc 6s *57-- f
Beaver Mills 1st 5s 1950
J&J
BtxKoru Pulp & Paper 6%s 1942Beech Creek O & C 5a 1944—J&D
Bendlx Home Appliances—

5% conv debs 1944——M&N

90""

38
32

102%

101
99
80

86




3%
104%

M&S t 100

5%

Credit Service—Bee Investing Cos
Crowley Milner 5%s 1946—M&N

77%
105
102
103

15-yr 4s s f Nov 1 1950--M&N
10-yr s f deb 4%s 1948
J&J
Crucible Steel 4%s A 1948—F&A
1944

f deb 4s 1950

60

J&D

95%

M&S

90

Cumberland Ry & Coal—
5s 1940——A&O
Curtis Cos 6%s A 1947
M&N

100

s

95%

/ 103
96
94
92
90
90

-

Delaware Floor Products—
2nd income 6s Mar 1946-

86
105

102

60%

59

53

/

5
95

84%

87

40

3
10

36

58%

35
50

22

Series

©CO

B

....

83

91

152
91

100
80
17

99""
6
112*31

112%

74%
13%

75%
14%

95

104%
102%

104%
105

85
29

31

97

100

113
103

48%

49

57
60
45

60

102""

r

97

101
86

r

75%
79

r

82

F&A
J&J

10-yr 5%% notes 1947
DowChem Co deb 3s 1951—J&D
Dryden Paper 6s 1949
.—F&A
Dufferin Paving & Stone-

83

r

r

77
81

82%

80

105%
99

107%
101

Jan

55%

58%

Jan

55

58

2%-5s 1949
—M&N /
50
Duplex Printing Press 3s 1944 J&J
20
Durham Duplex Razor 6s 1955-..
70
Durez Plastics & Chem—
4%s conv debs 1949——M&S
105%
Earl Fruit 1st s f 5%s 1947—M&N
88
Eastern Car Co Ltd 6s 1952.J&J r 104%
Eastern Corp 5s 1953
..J&D
81%
Eastern Cuba Sug 7%s '37-M&S
40%
Eastern Dairies 6s 1949
M&N
64
Eastern Mfg 7s ser A 1938--J&D
/ 105
Eastern Racing Assn 5s 1945
95
Eaton Paper 1st 5%s 1943.M&N
51
Elec Auto-Lite deb 4s 1952.F&A
Elk Horn Coal Corp—
Ooll s f 4s 1956
J&D

Empire Properties Corp 2-3s 1945
Empire Sheet & Tin Plate—
A&O

6s 1943-

160

99

Dominion Steel & Coal 6%s 1955.
Dominion Tar & Chemical Co—
Deb 4%s ser A 1951
M&N
Dom Woolens & Wore 6s *53-J&J

Deb 58 series A 1955
Deb 5s series B 1955
Dumont (Allen B) Lab—

14

r

Donnacona Pap 4-4 %s '56

93
76

ft Last sale,

22

56%

Dickey (W S) Clay Mfg Co—
Cum inc 5s (w-s) Nov 1 1949—
Cum inc 5s (ex-stk) Nov 1 1949
Dom Coal 1st 4 %s ser A *52-A&O
Serial 3 %81940-1913——A&O

100%

20

Detroit City Ice & Fuel—
4s w w 1948
81
—.F&A
Detroit Garages 5%s Mar 1948-- /
44%
Detroit Har Term 1st 6s '50-M&S
/ 24
Detroit Times 6s 1940 to *43 M&S o 96 to
Deutsche Rentenbank—
Farm Ln s f 6s Oct 15*60 A&015

3
90

102

This price Includes accrued interest,

/

Credit Foncler Franco-Oanad—

89

91%

108%

85
23

107

83%
40%
67

99"
55

108%

55
61

57

68

72

.

Emporium Capwell Corp—

City Savings Bank of
Budapest 7> 1953......—F&A

b Basis.

Cosgrove Meehan Coal 6%s 1945Crane Co 3%s « f deb 1951-J&D

88

Corp inc 5s 1968
-J&D
Cities Service Asphalt 5s 52. A&O
City Ice (Kansas) 6s 1940—A&O

Called Jan. 1 at 100.

88
100%
60

5s *47 J&J

84

90%
101%
79

Chilean Nitrate & Iodine Sales

*

conv

82"

74

Chesap'ke-CampCorp4 %s'47J&J

Chicago Produce District—
1st cum inc 5s (w-s) *48--F&A
Chicago Stk Yards 5s 1961-A&0
Childs Co deb 5s 1943
A&O

Cosden Petroleum

98%

72

f

102%

-

98
99

101
101

Chic Grain Corp 3-5s 1952—A&O
Chic Molded Prodis 1949-A&0

101
96

68

18

Davidson-Boutell 5s 1946
J&D
De Bardeleben Coal Corp—
1st cum inc 5s 1957—Ann April /
Deep Rock Oil 7s 1937
-M&SI/
Deerfield Glassine 1st 5s Mar '50 J/
Defiance Paper 6s 1939.
J&D'

80

99

-A&O
By Term & Cold Storage
6%s 1952
—A&O

1941--M&N
Certain-teed Prod 5 %s 1948 M&S
Oespedes Sugar 7 %s 1939
M&S
Champion Pap Corp 6s *45--F&A
Champion Paper & Fibre Co—
4%s s f deb *50(*35 issue)-M&S
4%s s f deb '50C3S issue).M&S
Ohateaugay Ore & Iron—
Guar gold 4s 1942
J&J

66%

Danish Prod L'n Fund 5s *40.J&J
Davidson Biscuit 5 %s A '45 A&O

77%
100

-

1st 8s

61

,

Dairyland League—
Certifs 6s May 1 1944
Certifs 5s May 1 1945
Certifs 6s May 1 1946
Certifs 5s May 1 1947
Certifs 5s May 1 1948
Certifs 5s May 1 1949-

Central

Central Steel

14%

59

Oudahy Packing 3%s A '55-M&S

12

Central Paper Co 6s 1948
101
117
65

1st g 5s 1940
M&N
Mtge 6s 1950
M&S
Bait Steam Packet 5s 1942—F&A

13

6s 1948
J&J /
16
Oontaiuer Corp 1st 6s'46-J&D15
105
Deb 5s 1943 with warr._J&D
101%
Oont'l Invest Bond Corp 2-5s '53.
86
Oont'l Invest Deb Corp 3-6s *53—
66
Continental Oil—
Conv deb 2%s 1948
J&D
108%
Continental Roll & Steel Fdy—
1st M conv s f 6s 1940J&D
87

Conv

100
85

50

II"

8

DonsumsrsRock&Gravel^""

Cuban Tobacco 6s

100%

Gen mtge 5s 1941—-—M&S
Central Iron & Coal 6s 1938.F&A

71%

103

94%
91%

20%

1st s f 68 1948
A&O
Deb s f 6%s guar 1943
A&O
Calif Cotton Mills 1st 6s '40-J&J

48%

Crown Cork & Seal Co Inc—

95%
92%

53

Avery (B F) & Sons 5s w w'47J&D

25

62

59

45%

22

58

67"

57

Conv deb 454s 1939
J&J
Autocar Co 7s ext 1947—-M&N

85"

Non-cum inc 4s B 1941—-A&O /
Central Foundry Co—
1st mtge 6s 1941———M&S

65

Associated Mtge Co 3-6s
Atlanta Laundries—

Coll tr g 5s Jan 1 1959
65
J&J
Atlantic Ice A Coal 6s 1951-J&D
83
Atlantic Ice Mfg 6s 1945
63
F&A
Atlantic Refg 3s debs 1953—M&S
105%
Atl Sug Rof 1st • f 4s *51—M&N r
97%
Atlas Imperial Diesel Engine—
97
6% conv notes 1945
M&S
Atlas Pipeline Corp 6s 1945.M&N / 40
Gen conv 6s 1950
M&N /
13
Auburn Automobile—

50

47%

HH oo oo

86
53
64%

1st lien 4s 1952
J&J
Atl Gulf & W Indies SS Lines—

63%
41%
53%

89

28

Arundel Bond Corp 2-5s Dec 1 *53 /
Arundel D*?b Corp 3-6s Dec 1 '53- /
Assoc Laundries of 111 6%s 1942—

Dec 1 '53

39
52
54

Bldg 1st 5s stamped 1960 A&O
Byers Machine 3-6s
.—.1946

California Consumers Corp—
1st lien 3-5s 1955.
J&D
Calif Cooperative Creamery—

'

91%

100

1st 8s

Coplay Cement Mfg 6s '41
A&O
Copley Press 5%s 1943—-F&A

87%

26

Armour & Co of Delaware—

1st M 20-yr 4s ser B 1955-F&A
1st mtge 4a series O 1957— J&J
Arnold Print Works—
1st 5a Feb 1 1952
—A&O

104*

105

100

26%
11

""52

Campbell River Timb 6s '41-J&J
Campbell Transportation CoEquip trust 4%s to 1946--M&S
Equip trust 4s to 1951
J&J
Canada Bread 6s 1941
F&A
Can Cement 1st 4 %s serA'51 M&N
Canada Paper Co 3s 1940-41-J&D
3%s 1942-45
J&D
4%s 1952
J&D
Canada SS Lines—
1st & gen 5s 1957
J&J
Canadian Bakeries 6%s '45-M&S
Canadian Canners Ltd 4s'5lM&N
Canadian Internat Paper—
1st M 6s 1949
J&J
Can Locs motive 6s July 1953
Canadian Nat Steamships—
25-yr guar 5s 1955
M&S
Can Pow & Pap Inv 5s 1958.F&A
Canadian Vickers 6s Aug 1 1947Carribean Sugar—
Cum inc 7s 1941
F&A /
Carlisle Lumber 6s 1945
Carrier Corp conv 4%s 1948 A&O
Carthage Marble Corp—
1st s f 6%s A}1942
M&S f
1st n-c income 5s Apr 1951
Cassco Corp inc 6a 1949——M&S
Celotex Corp—
Debenture 4 %s w w 1947-F&A
Central Coal & Coke—

97

24

40%

Textile

90%
80
105

^

100%
101%

37

97

-..J&J

30
65

99
99

1941..J&1>
Cum conv inc 5s 1953
M&N
Consolidation Coal Co—
Sink fund 5s July 1 1960—J&J
Consumers Co (111) 5s 1956—J&J

97

T03%

Calif Dairies deb 6%s 1942.M&N
Calif Group Corp 5%s 1956 M&N
Camaguey Sugar—
78 Certificates of deposlt-1942

107

Anglo-Chilean Cons Nitrate—
Sink fund income deb 1967 J&J
Animal Trap 5s Aug 11940__
Anthony (E O)—
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-s)—J&J /
A-NY & B-NY Realisation—

62

*

(Jousoi

44

Byrndum Corp ext to Jan 15 1942

_

1950--A&O

47"

Calaveras Timber 1st 6s '38-M&N

96

63%

40 "~

45

102%

American International Corp

Cum inc deb 6s 1947J&J
Barber & Ross 4s 1945---—J&D
Bates Valve Bag 6s 1942
-F&A

70""
35

Bush Term 1st 4s 1952
Cons g 5s Jan 1955

96

—

Amer Colortype 6s 1942
F&A
Amer Dept St s (Pa) 4s '48--J&D /
Amer Dept St's (Del) 6s '47.J&D/
Am Fruit Growers 5s 1950—F&A

Without warrants

62

ffr

70

38%

_

74

54"

31

69

93

1st 5%s ser O 1946
J&D
Consolidated Cement Corp—
Cum luc ba 1950.....F&A
Cum Inc 6% notes 1950-.F&A
Oonsol on s f deb 3%s 1951.J&D
Oonsol Paper Corp 5%s 1961-J&J
Oonsol Press 6%s 1949——J&D

41"

5%s 1950 ser B
M&S
95
Brown Pap Co ext 4 %s *41-A&O
Bruck-Silk M_LtdL6.%sJ14-5-M&N r__92%.
Brush-Moore Newspa 5s '45-A&0
102%
91
Bryant Paper 6s A 1942_-_-M&N
1st 6s series B 1948----.-J&J
98%
101
Buck Hill Falls Co 6s 1959-M&N
Budd (E G) Mfg 6s ext 1941.F&A^
93
Buffalo Gen Laundr 6%s *41.J&D
50
Bullock's Inc (Los Angeles)—
100
4% notes ser O-E to 1941-M&N
102%
4% notes ser F 1946
M&N
Burmeister & Wain (Copenhagen)
100
15-yr s f extl 6s 1940
J&J
36
Burns Bros deb 5s A 1961--M&S
Burns & Co Ltd 1st s f 5s 1958 J&J
50
Income 5s 1958
52
—Ann, Apr

300

104%

56

38
72

1st

13 %

48

103%

Brown Coal Indus 6 %s *63—A&O
Brown Co 1st 5%s 1946
A&O

111

—

62

Connor Lumb & Land tis '41 M&N
Oonsol Biscuit 1st 6%s B '46 M&3

Brandram-Henderson 6s '56. J&D
Brit Col Packers 5s 1953
;J&D

78"

110%

46

82
55
3

105%

Columbia River Paper Mills—
6s to 1948.
A&O
Cum inc 5s April 1967

__

F&A
I94l-..A&<>
(S F) 7s 1944
M&N

Bowser

_

6s. 1955—,—

Lumber

74%

99 %

103

100

Mills 6s 1940-42
Boston Wharf 1st 4s

~i%

Income 5s 1970
An Apr /
Columbia River Packers Assn—
Income deb 2s Oct 1950-.—... /

104%
107%
100%

Ask

„

f

Gen mtge 6s w s 1954,
J&J
Colo Fuel & iron s f 6s 1943.F&A

108

^

_

58

87

1948——M&N

107

J&J

——

Donovan

104%

1959-J&J

Corp (Seattle)—

194/1

37

Algoma Steel Corp Ltd—
Allied St's Corp deb 4%s '50.A&U
Debenture 4%s 1951
P&A
Allis-Chalmers s f deb 4s *52.M&S
Alpine Montan Steel Corp—■
lstsf 7s 1955
-M&S
Amer Airlines deb 4%s 1941-J&J
American Aggregates "Corp
New 3-6s 1943
F&A

Sink tund den 4%s

Colonial Colliery 6s 1954...M&S
Colonial S 8 Co. Ltd—

101

.——..J&J
-A&O
15-yr sfconv3%* debs 52 A&O

4%sto 1041-3 %• series E1966

Blethen

32
75

6s 1955
Alberta Pacific Grain 6s 1946 J&J

See Investing

100
80

Bethlehem Steel Corp—

Adams Express-

Conv 5s ser A

107%

Bid

Clearfield Bit Coal 4s 1940--J&J
Oleve Tractor conv 5s 1945.M&N
Climax Engineering 5s 1946.A&O

141

140-

i'urch money 6s 1998—Q-Feb
('ons M s r 4 %s ser D '60—J&J

Bonds

78

100
75

-

Abitibi Power & Paper—
1st M 5s 1953 ser A
J&D
Certificates of deposit-Acadia Sugar Kef 4%s 1955.A&0

Ask

Bid

Ask

51%

Bonds
INDUSTRIAL AND
MISCELLANEOUS BONDS

J&J
4% notes 1942—
—.—J&J
100
Erie Elec Motors 5s 1941—
A&O
/ 20
1st 4s 1952

n

Nominal,

r

Canadian funds.

x

Ex-interest.

10l"

82

INDUSTRIAL

MISCELLANEOUS

ft

BONDS

NOTICE—-All bond prices are "and interest" except where marked "f" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue
1

Bonds
Cil UCBIU

U* wa

< o

Bonds

Ask

w

94

H'srhtstown

76

97

Kug 6%s w
Hill Mfg Oo ext 6s 1945

w

1944..

B

Hines i.and & Timber 6s '48

108

93

99

/

/
vomouw

75

/
rui vi

77"

liH
*

-

-

28

41

82

85

-

Home Service (Portland. Ore)—
1st coll 3-5s 1950
A&O

24

25 K

38
36
65

_

48 X

77

53K
.

82

52
French

v/U

UO

Nat

Uail

-a

acruvr->

74
107
109

vvu

Mail SS Lines 6s "52

Frick (H O) Coke 5s to 1944-J&J
Frick-Keid Supply 6s 1943. -J&1)
Fruehauf Trailer de' 4%b'47A&0
Gair (KobO inco" e notei- 6s 1972
Galveston Wharf

Co^,,

—

112

97 K
100
101
101
100

J&D

4%s Dec 15 1947-—-

Gen Amer Transport 3s 1940. J&J

1941-1942—...J&J f

General Bronze deb 6s '40--M&N
General Cable Corp—

61"

'm.

m>

m*

82"

101
24

6%s 1940
-J&D / -27K
Deb s f eg 1948
M&N i/ 24K
General Finance—
See Investing Companies.
Gen Motors Acceptance Corp—
106 K
15-year deb 3 %s 1951—F&A
Gen Rayon deb 6s 1948 w w. J&D f
74
67 K
Gen Stl Cast 1st 5%s *49 w w.J&J
General Steel Wares—
73
4%s ser A 1952
———A&O
Deb

80
Georgia Marble is* 6s 195ft.M&N
101
Gerlack-Barklow Co 6s 1950-F&A
German Atlantic Cable 7s 1945..
German Bldg & L'd Bk 6%s 1948 /
Girard Pt Storage 3 Ms 1940-A&O
Glen Alden Coai M s f 4s '65 M&S
Globe Industrial Loan—
See Investing Companies.
93 K
Globe Wernicke 6s Oct 1 '44-J&J
Gobel (Adolf) Inc—
■
Conv deb 4%s ser A 1941.M&S
75
Good Hope St & Ir Wks (Germ'y)
S f g 7s Oct 15 1945. .-A&O 15 /
17
105 K
Goodrich (B F) 4 Ms 1956—_J&D
Gordon Baking Co (Mich)—
102
5s series B 1945-50
J&D
102
Gordon-Pagel 6s 1940-1944—J&D
Gotham Siik Hosiery—

101K
58

35
40

5 f deb 5s w w

1946——M&S

92

/

63

99

106%
76
69

76

18 K

f

57
9 8K

f

69

ff

T-

95H

35

105%

92%

loo"
65
102

—

Hatfield-Campbell Creek Coal—
1st 6 Ms 1948
M&S

5

/

7

/

5
18

19"

65%
65%

67
66

5s, 1951.

/

Mackintosh-Hemphill 5s'51-J&D

100%

industrial Acceptance 4s 1952 J&J

....

60
100

72

62"
98%

100%

102
100

QO

96%

50

40

....

McKesson & Bobbins inc—

Inspiration Consolidated Copper

uterlake Iron Corp—
Conv deb ■ f 4s 1947— A&O

89%
.

102%

Deb a f 5s 1947
M&N f
Certificates of deposit
£
Conv deb 5s 1941
J&J15 /
Certificates of deposit,
/

3
3
11

62%

103%
103%
96%

97

Pap of Nfld—

20

97 K

100

r

I

100
96
49

102
98

15

70"

93%

94%
85

100%
76

r

79

67
88

70
91

107

M&N

deb 5 Kb 1950-M&N /

Mead (The) Corp—
1st M 6s 1945 with warr..M&N
Medusa Portland Cement—
1st conv 4-5 %s to 1945...A&O
Memphis Commercial—

107%

85%
105

87%

105%

101

Messer Oil 1st & ref 6s 1942—J&J

100

90%
54

76"

98

Conv s f deb 6s 1947
Metropolitan Ice 7s 1954

J&J
95
J&J
64
Miag Mill Mach'y 7s 1956—J&D f 13
Middlp States Petrol 6%s 1945..
100
Miehle Printing Press & Mfg—
Deb 5Kb 1948
F&A
102%
Miller & Hart inc. deb 6s '43. J&J

Ohio Riv, ser 6a Dec 1 *48»F&A /
Isotta Fraschini 7s 1942 ..—J&D
Jacubs (F L) 5% % dividend

10
70

77"

notes 1942
..J&D
Jefferson & Clearfield Coal & Iron
Indiana Co 1st s f 5s 1950-- J&J

54

56

94

Jones & Laughlin Steel
1st mtge 4%s ser A 1961

71

Miller & Lux Inc 1st M 6s '45A&0
Minnesota & Ontario Paper Co—
1st 68 series A 1935..
.A&O
1st 6s series A 1945
A&O
1st 6s series B 1948
J&J
1st 6s series C 1950
M&N

f 115

„

M&S
0%s '47—-J&J

94

95%
52

ff

6s with warr (par $925) 1943—
Keith (B F) Corp 6s 1946...M&S
Kelsey Hayes Wh'l 1st 6s '48. J&J
15-yr conv deb 6s 1948..
J&J
Kentucky Rock Asphalt—
3%-6%s 1945
J&D
Keokee Cons Coke 5s 1959—J&J
Keyes Fibre Company—
1st 6s 1940-1949---—M&N
Kings Co Refirig 6s 1942
A&O
Kingston Elevator 1st 6s '50 M&N
Kir by Lumber 1st 4s 1947.J&J 16
Knudsen Cream'y 5%s '50.M&N
Koehring Co (Milw) 5s 1945. J&J
Koholyt Corp 6 Kb 1943
M&S
Koppers Co 4s 1951
..M&N
Kresge Foundation—
10-year coll tr 4s 1945
J&J
3 Hc coil trust notes 1947.F&A
Kreuger & Toll—
5s uniform ctfs of dep 1959
La France Textile 1st 6s '42. J&D

1

98%

I65H
"8"

9K
99

111) 1st ref 3K-4s 1951—-A&O
Mobawk Rubber ext 5s 1948 A&O
Moirs Ltd 1st s f 6s 1953
J&J

80

85

,

Ind

1st 6s 1949

Monroe Coal

&

45

L Ry.

A&O

Mining 6s '47

75

9 6K

104
68

Mtge Bond Co (Md) 2-5s Dec 1*53

98

J&D
J&D

99
81

3 1951 —J&D

71
70
74

96"

94

84%
12
104%

104%

104%
105%

105%
105%

Call

2)1-58

C

ser

Coll D 2K"5a ser 4 1956

86%

5

5-68 April 1 1946
J&J
Lake St John Power & Paper—
1st 5%s 1961——
J&J
Debenture 5s 1961
An Apr /
Lancaster Corp 3%s A 1949.J&J

Dry Docks 6s '48.F&A

Mortbon Corp—
Coll A 2K-£s ser 1 1941
Coll B 2K-5b ser 2 1946

80

102%
100%

{

120

F&A

Morris Plan Corp—
See Investing Companies

6 95 to

/

Montreal

94

Cons Coal & Coke—

Montreal Cotton deo 5« '43-M&N

38
99

50

'olybdenum Corp of Amer—
6% notes 1942
J&D
Monon Coal—See Chic

91

88

~

103" Monong Riv

86

—

—

-

J&D

Moslnee Pap Mills 1st 5s '61 .A&O
Motor Transit inc 6 Kb 1952.J&J
Muni sing Pap 6s A &B 1943. A&O
Munson

67K
93

Steamship Line—

Secured 6s 1937
J&J
Deb 6Kb Jan. 1 1937 wwA&O
Certificates of deposit.
Namm (&A I) & Sons os 1947F&A

37

2K
2K

Nassau (Ger) Land bank 6Hs 193V
Nat'l Acme 4Kb ext to '46..J&D

27
80

30

i

Inc deb6s'40wwM&N

5-yr 6% notes 1931

37
37K
38
38

Minnesota Tribune & Manistiq
Pulp & Paper 5 Kb 1941..M&S

24

io!

f

'

f
/
/
/
M&S /

lsslonary Sisters (Waukegan,
97

1st 6s 1943 with Am shs..M&N
Ctfs of dep w w stpd 1943—
6s stamped (par $925) 1943.

Lane Bryant

56

19
68

„

J&J
J&J

r
1st 4Kb 1968
Interstate Deb Con> 2-5s Jan 1 '55
interstate Zinc & Lead deb 7a *32 /
Iron City-Ohio River Corp—

Journal of Co mm

conv

17
54

Appeal 4Kb 1962...
M&S
98
87%
3% Mengel Co conv 4%s 1947—M&S
Merchants Distilling Corp¬
se conv deb 1947—
M&S
50
"3%
Merchants Ice & Cold Storage—
1st 6%s 1943-49
A&O
71%
r
73
68% Mercury Mills Ltd 5%s '53.M&N,.
Mersey Paper Ltd 5s 1957—J&D r
98
Gen s f 6s ser A 1949
M&S r 100
103%
88
i03% Messenger Corp deb 4 Kb '51 J&J

11

international Paper
1st & ref s f 5s 1947 ser A
J&J
1st & ref s r 5s ser B 1947-_ J&J
Ref mtge 6s 1955 ser A
M&S

1968

20-yr

100%

102
89

(nternat Agricultural Corp—
1st & coll tr s f 5s 1942
M&N
International Match Corp—

5s

J&J

,5s • f deb 1951

:

109%

_

98%

18

McCormicks. Ltd, 4s 1952
McCrory Stores Corp—

63

90

r

McCloud River Lumb 5s '48 J&J
Met'oil Fmnteuac Oil—
1st & coll 4%s A1949
A&O
McOoid Had & Mfg—
6s stamped 1948-—.—F&A

102%

71
109

M&N

Martin Parry Corp 1 st 5s conv *44
Massey-Harris 1st 4Kb 1954.M&S
Matthiessen & Hegeler Zinc—
Extended 3-6s 1945—
M&S

88"

86

1st sf 4s Feb 11957

Manhattan Refrig 5 Kb 1941. J&J
Mansfield Min & Smelting—
7s without warrants 1941 .M&N
/
M aple Leaf M illing—
5 Ks to 1949—
J&D
Marine Elev (Buff) ext 5s '52M&S
f
Marion St'm Shovel 6s '47-*A&0
—Certificates of deposit
•
.

"2%

J&J
102%
Ind Br'nhoist 6s Oct "54.An Apr- f 60

Lake Erie Bolt & Nut—

15
97 K

/

.

101%

4%s A 1948

Inland Car Lines 5s 1944
Inland Steel 3 %s ^er n lgfi-j _F&a

98
62
62

Manati Sugar 1st 7%s '42..A&O
Ceitificates of deposit

siH

1st M

10%
126
125 %

...F&A

Lukens Steel 5s extend 1955 M&N

Kansas Pipe Line & Gas—
1st 5s series A w w 1952—J&J
Karstadt (Rudolph) Inc—

,

Hart Coal inc 6s 1945

/

Iron City ser 6s Dec 1 '48-F&A

35

Gypsum Lime & Alabast—
5%s 1948
—M&S r 99
Hale & Kilburn 6s '39 stmp.. J&D /
21
Hamilton By-Prod Coke Ovens—
1st s f 5s ser A 1955
M&N r 100K
98
Gen sinking fund 6s 1956.. A&O r

Harris-Seybold-Potter—
Conv s f deb 5s 1951—...A&O

10

75
HI Car & Equip 5s 1948
88
..J&J
Ilseder Steel mtge 6s 1948.. .F&A £.15%
Independent Brewing 6s '551 J&J
109
Indian Refining 5s Dec 1 1941...
99
Indiana Ice & Fuel 6%s '47. M&N
72
Cud Limestone inc 6s 1952-.M&N f
Prior lien s f 6s 1942
.M&N

(nternat Pow &

77

53%

S8M

Hamilton Cotton 4%s 1950.F&A r
Hamilton Mfg 5s w w 1951 ..M&S
Ham'd Standlsh 3-6s 1947—A&O
Hansa Steamship Lines—
10-yr 6s 1939 w W—
.A&O
Harborside Warehouses—
Non-cum inc 6s Jan 1973— /
Harpen Mining Corp—
6s with warr for Am shs.-.J&J /

20

/

(nternat Mercantile Marine
1st M coll trust 6s 1941..A&O

71"

12
102 %
75
127
129 X
75
100
97
108
102
21

Loew's Inc deb s f 3 Kb 1946-F&A
Logan County Coal 7s 1942.M&N
1st ext'd l-4s 1956—
M&N
Loiiilard (P) Co g 7s 1944—A&O

50

2d mtge inc 6s Feb 1956—
Hungarian Central Mutual
Credit Mfg 7a 1937
J&J
Hungarian Disc & Exch Bank
35-yr sf 7s 1963
-J&J
Hungarian-Italian Bank Ltd
Sinking fund 7%s 1963
A&O
Hydr Press Brick 6s 1944—.A&O
H> grade Food lToducts Corp—
1st & ref 6s Jan 1949 A...A&O
6s 1949 series B
J&J
Illinois Steel deb 4%s 1940 .A&O

•

75

/

98%
34

99%

55
98

/

97%
33%

r

,

ff }I
r0%

Graham Paige Co 1st 6s 43.F&A
Granby Consol Min & Sm 5s 1942
Grand Rapids Motor Coach—
Cum income 7s 1962
M&S
Grand Rapids Operating Corp—
6s extended 1942—......J&J
Grand Rapids Stores
Equipt Co deb 5s 1949——F&A
Grand Trunk Ry Terminal
6 Cold Stor 1st 6%s 1952.A&O
Granite City Pig Iron—
Cum inc 5s 1943........M&S
Graton & Knight 4%s '51--J&D
Great Lakes Paper Co Ltd—
1st s f 5s 1955
A&O
Griess-Pfleger Tan'g 5%s*48. J&D
Grigsby-Grunow conv 6s '36 M&S
Groc St's Prod conv 6s 1945. J&D
Gulf States Steel 4%s 1961-A&O
Gurney Foundry Ltd—•
1st 4-5%s (w s) 1949
M&N

.1

Coal 1st 5s 1962 A—J&D
Hudson River Day Line—
S f 1st mtge 6s 1946
J&J

an

50

48%

Gold bonds 5s 1951 ......F&A

72

80"

26

25%

Lincoln-Boyle Ice 6s 1947...A&O
Lindsay Nunn Pub 6s 1944—M&S
Lion Oil debs 4%s 1952
A&O
Liquid Carbonic conv 4s '47. J&D

of Texas—

Hudson

Indus Ray

1st mtge s f 5%s 1947 ser A-J&J
Gen Elec (Germany) 7s 45.J&J15

27

13%

II Progresso Italo-Amer PubDebenture 6 %s 1943 w W..A&0

^

Ref5%s gerresA"I951._—J&D
Ref 5%« series B 1954
J&J
1st 5s 1940
A&O
Garlock Packing 4 %■ 1946—J&D

3% notes

76"

101K
101H
56

o

4Kb sf debs 1954

105K

-

Francisco Sugar 6s 1966—..M&N

96%

23

/
Houston Oil '

2«H

——

101%
95%
75

Housing & Realty Improv—

Finance Co of Amer at Baltlmori
102 K
4% notes 1947—————M&i
Finland Residential Mtge Bank—
20 K
S f 6s stamped 1961
.M&j;
105 K
Firestone T & Bub 3 %s *48—A&C
First Bohemian Glass Works—
1st secured 7s 1957
J&J /
7K
Flour Mills of America Inc—
Conv K 6H% notes 1946.
f 35
Follansbee Bros 5s 1947J&D 1 34
58
Fontenelle Brew 5s ww 1947Forest Lawn Oo—See Real Ei

X ctbtJl

101

32"

38

/

-

78%

405

100%

77"

60

UD

-

X

a;

Holly Sugar Corp—

80

Federal Screw Wks conv 6%s39
1st s f 5s 1949...
- - - M& J
Flltrol Co of Calif 5s 1946.. J&I

Companies

Holland-Amer Line 6s '47-. M&N

37

-

100%
55
77%

Fauious Players Canadian—

.48 %

t

§1"

98

.

100
93
50

9P°8 ® t4Xa 1954 ser O—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 Tietz—See Tietz
Leipzig Trade Fair 7s 1953-M&N
Libby McNeil &Libb 5s '42.A&0
Liberty Baking 6%s 1944—_M&S
Liggett & Myers g7s 1944-A&0

78

75"

34%

25" Layne

92

f

107 K
97 M

20-year 4s s f deb 1956...
Falstaff Brew deb 5s 1947—

22%

Hearst Publics 6 % s to 1947. M&N

12
2
12
2

Fairbanks Morse & Oo—

rcu

11st mtge income 1975..._J&D
& Bowler 3-6 %s Dec 1947.
Lehigh O & Nav fund 4s '48 J&J
Cons s f g 4%s 1954
J&J

110

f
/
M&S /
—...—- /
1st 7s 1937.M&N

7%s income 1960
»t lien
1st liei 7s 1967 ser C
7s Income 1967

Bid

Lautaro Nitrate Co—

European Mtge & Invest Co—

Everlastik Inc

Bonds

Ask

Hawley Pulp & Paper Co-

98

*

Bid

67

70

51

54

97
13
102

National Central Savings Bank
(Hungary)7 Kb 1962
F&A
Natl Consol Bond Corp 2-5s 1953.

86

5

50

166"

99

/

p?
* Called Jan.
guilders.

1 at 100.




t Called Jan. 1 at 101 to 101K*

5 Basis.

/ This price includes accrued

interest,

k Last sale,

n

Nominal,

x

Quoted in

INDUSTRIAL

JAN., 1940]

MISCELLANEOUS

&

BONDS

83

NOTICE—All bond prices are "and Interest" except where marked "f" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Bonds

Bid

Ask

96

)

Nat Container deb 5%s

98

106

Bonds

106%

52

55

Distillers Products—

National

1956

104T

104%

National Kire Proofing Co96

100

National Hungarian Ind

19%

21%

1

75

78

Nat Ice & Cold Storage (Calif)
1st s f ext 3 %s-6s 1952
J &D
National Industrial Loan—
See Investing Companies
Nat Oil Prod deb 4s 1952..

48%

107

109

20

23

National Radiator Corp—

\f

101%

110%

f 6s 1948.

s

—F&A

.

20%

1st ref 5s 1936

Equip trust 5s F1940-45..F&A
Shuron-Optical 6s 1951

M&N f

100

2%

101

:

102

98

99

98

101

62
62

65

M&S

96

98

2-5s 1953—
'53.

86

1957.

Poor & Co

101%

J&J f
/

Conv 6s 1942

6s

102

stamped 1942
Royal Pulp & Paper-

Port

104%
-

64%

25
Debgsf 6%s'51 with war M&S
Deb 6s 2930
Ann Apr jr 300
Slgnode Steel Strap 3%s '45.A&O
72%
Silesian-Am Corp 7s 1941
F&A
liY*
Rllverw'd Dairies 5s '41 to '51 J&J
96
Simmons Co Conv deb 4s'52A&0
99%

Simpsons Ltd—
1st & coll 4%s A 1951
J&J
Skelly Oil deb 4s 1951
J&J
104%
Smith (Howard) Paper Mills Ltd
1st 4%s 1951
J&D r 102 %
Smith (L C) & Corona Typewr'rs
Deb 2% to4%% to 1946—J&J b 100 to
Smith & Wesson 5%s 1948. -J&J
70
Socony-Vacuum Oil Co—
105
3s debentures 1964._
.J&J

102%
102%
J&D

>/
1/

Potomac Cons Deb Corp 3-6s
Potomac Deb Corp 3-6s 1953

52

55"

50%

53%

Potomac Franklin Deb 3-6s 1953.

1949

Potomac Bond Corp

102%

1948

National Supply—
1st M 3%s 1954
National Terminals Corp—

55

South Coast

Potomac Md Deb

88

Gen mtge inc 6s April 1950
Southern Advance Bag & Paper—
1st s f 6s 1947
J&D
Southern Brighton Mills—

5s to 1941

103

23

26

83

87

Potomac
Potrero

52

75

49%
88%

51%

Pratt Cons Coal 1st s f

Pressed Steel Car Co 5s '51—J&J

95

101%

/

1953

Corp 3-6s

Realty Atl Deb Corp—

3-6s 1953..

82%
2-5s series B

4.25
4.75

87%

Siemens & Halske—■

98

98

9*5%
91

J&J

Shippers Car Line—
Equip trust 5a E 1940-42--A&O

s f deb 4s 1946—A&O
Portld Woolen Mills 6 %s'41 M&N
Porto Riean Amur Tobacco—

5s

f 6s 1947

104%

103

gold

Sne'l Union Oil Corp—
2 %s debs 1954
..J&J
Sh8ridan-Wyoming Coal Co—

3
111

J&J

1st

Bid

Schulze Baking 1st 6s 1945--M&S
94
Scott Paper deb 3%s 1952..M&8 tll7%
Sovill MfgCo 5%s 1945
109
«&J
S -ripps (E w) deb 5%s 1943 F& \
103
Scullin Steel 1st 6s 1941
A&O f 83%
1st conv 3-6s 1951
64
A&O
Securities Accept Corp 5s '46 J&D
101

s

Pocahontas Consol Collieries

100%
100%
100%

1944.....

....

102

100

1942.
1943

ig

110%
103%
7
19
Pierce Butler & Pierce 6%s '42.
/
2%
Pine Hill Collieries 1st 6s '42 A&O /
1
-Mttsb Brewing 6s Feb 4 '49. J&J
109
Pittsburgh Coal deb 6s '49..F&A
104%
Pittsburgh Coke & Iron Co—
lot mtge conv 4 Ms 1952—M&S
96%
Pitts Crucible Steel 5s to '45.M&S
105
Pitts Term W'house & Transfer—

1940.

%%

notes

deb '48.M&S

conv

Iron Istsf6s 1946-M&N

'hoenix

Pitts Steel

National Steel Corp—
Serial

111%
12%
3%

1943...F&A /
Pickering Lumber 6s A '46- -M&N /

5
46

36

Phoenix Silk Mfg 7s

Mtge
r /

..M&S /

Bonds

Ask

Phelps Dodge 3 Ha 1952
J&D
110%
Phila & Read O & I 5s 1973.-J&J
11%
Conv deb 6s 1949
..M&8 /
3%
Phillips Elec Works 5s 1953.P&A r
99

Phillips Petr 3s

f/

Bid

Pettibone Mulliken—
6sww 1943

80

84%

Sug 7s stmp 1947._M&N
58^55 J&J

1st

Price Bros & Co Ltd

28

1st 5s 1957

M&S

2d

M&S

72

75

Corp—
85

100%

J&D

75

J&D

75

A&O

78

gtd 7s 1940

1st gtd 6%s 1940
Southern Ice Co—
1st & ref 5-8s 1942

~

Newport Industries—
93

Suoord notes 5s 1947—....
N YUuVli (in *st g
1951.1
Conv 5% notes 1947
..A

"

51%
49%

96

j..

52

49%

NYLE&WC& HR-

\f

'/

61
65

75

100

80%
83%

6s stamped 1946
J&
Partic deb 2d mtge 7s 1946 J&
'

86
89

82

85

21%

*New York World's Fair 1939—
Deb 4s 1941
J&

23

45

102
b
b

4.50

b

4.50

4.00%
4.00%
4.00%
4.00%

American Cement Corp—

Deb 6%s A

6%s

4.50

b

North

4.50

1943

99%
93%

with warr '40-M&
M&

>/. 33%
/

60

95%

IV*

North German Lloyd-

'/

60
25

b

3.00

b

4.00

b

3.75

27"
2.00%
3.25%
3.00%

89
95

f

N'west Pub's Deb 4%s 1948.J&
Northwestern

Barb

Wire

97

87
Northern Redwood Lumber—
6s 1937
J&

90

io
97%

98"
86%
86%

80

perpetual

r

stock.

65"

95
81

12"

7

Old Ben Coal Corp 6s (w s)
Inc deb 7 %s (w s) Aug 1 1953. /
Oregon-Am Lumber 6s 1942-j
/

40

42

8
37

41

10

98
21

98"
/

Pan Amer Petroleum & Transpt—
7-yr div notes 3%s 1943..J&D
7-yr div notes 3%s 1944..J&D
Panhandle Eastern Pipe Line—

102

76%

—-

II"

44

J&J
Pennsylvania-Dixie Cement Corp
1st m 8 f 6s 1941 ser A.M&S15
Pennsylvania Glass Sand Corp—
1st s f 4 Jus 1960
J&D
Secured

s

f 3-4s 1961

24

28

73

99%
98%

96

95
94

107%

r

84%

101

97%

99

96

99

83%

85

90

46

J&J /

1945

Richfield Oil of California—
Conv u f 4s 1952
M&S

1940

5%s A 1943_________F&A
Stinnes (Hugo) Corp—

stamped 1946

Stinnes (Hugo) Industries—
2d stamped 1940
__J&J
Strange (John) Paper 6s *44..J&J
s

30
87

95

*

10%

102""

99%
18

19

101

101%
/
1

/
/
/
/
/

1%

96

St Louis Oar Co—
1st extd 6s stamped

St Louis Gas & Coke Cori»—
1st M sf 6s 1947
J&D
St L Rky Mt & P 5s '55 stpd J* J

St Paul Un Stk Yds 5s 1946- MScO
Saltex Looms Inc 6s 1954
A&O

Saratoga Victory Mills—
6%s with warrants 1943

J&J
3axon Pub Wks (Germany)—
1st extl s f 7s 1945
,..F&A
Gen & ref 6%s 1951
M&N
6% notes 1947
J&J

19%
58%
104%
5%

•

10%
35

99"

20%
63

"6%

6s Jan 1 1951
M&N /
26
Susquehanna Silk Mills—
Sink fund deb 5s
5
1938..-J&D /
Swift & Co 3%s 1950
M&N
105%
100
Taggart Bros Co 6s 1944
J&D
Taylor-Warton Iron & Steel—
Coll inc 7%s July 1 1958.-A&O
70
Tenn Coal & RR 5s 1951.-J&J
126%
Tenn Prod 1st 6%s 1936
73
&J
Term Refrig & Warehouse Corp—
4 %s 1948
100
A&O

Guar

s r 6%s 1946
Stamped

83

86

12

J Quotation
n

Nominal,

12

11

35

8%
84
25

29

32

32

coup

on
r

Corp deb 3%s 1951--J&D
debentures 1959
-A&O

50

106%
105%
85%

Thermoid Co 5s w w 1951.-J&D
Three Rivers Grain & Elevator—
1st s r 5%s ser A 1951
M&S

Ticonderoga Pulp & Paper 6s 1940
Tide Water Assoc Oil 3%* '52J&J
Tletz (Leonard) 7%s x-w *46.J&J
Tivoli Brewing conv 5s 1947 J&D
Tomahawk Kraft Paper—
1st 5s (with stk) 19ol
..A&O
Trask Timber 1st 3s 1944
J&D
Uchi Gold Mines 1st 6s 1941 J&D
Conv 68 4th stamp 1950.-F&A
Unified Deben Corp 5s 1955..
Union Oil Co of California—
6s May 1 1942 ser A
F&A

29

ser

Warehouse 2d 5s '42..J&J

99

101

98

106%

^ ?5..

107"
40

10

70
72
72
r

93

95"

48

50

Ulen & Co—

18%

on)
B..A&0

1

3%

73

Tilden Lumb & Mills 6 %s'46M&S

nV*
78
Stamped (July 1933

99

20

3%

75

1945.M&N

83

Sugar Pine Lumber Co—
1st M serial 6s 1940-1942-M&S /

Texas

105%
9
9
8%
13
6

101%

M&S /

Term
^

96

f 5s

F&A
Superior Elevator & Forwading—

r

(Portland Me) 4s 1958
A&O
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

28

Summerfield Hecht—
Extended 3-5s 1951

50

/

24%

Sugar Estates of Orients—

45

100

Rogers Brown Iron 5s 1940--J&J

38%
99

A&O

Studebaker Corp 6s 1945.
J&J
Stutz Motor Car 7 %s 1937..A&O

105

River Raisin Pap 1st 6s *45.-F&A
Roberts & Oake (Chi) 6s '44.M&N

70

/

1948.
M&S
Struthers Wells Titusville—
1st mtge s f 5 %s w w 1949.A&O

108%

43
47
35

00 &

F&A

17%
100%

Deb

2

108

97

J&D

5"

1

98

Strawbridge & Clothier—

m,

....

26
98

J&J

f 1947

Stevens & Thompson Paper—
3 %s extended to 1958

1st

12%

s

1st 7s 1942 ctfs of dep

Richmond Cedar Works 6s 1953. f
Richmond Hos Mills 5s 1948-F&A /

96

105%

100%

20M

Rhine-Main-I >anube 7s *50 M&S /
Rhode Island Ice 5s w-s '51..F&A /
Richardson & Boynton Co-—

49

94

Textile Prod

Stern Brothers 6s

2d

98

97

J&J

J&J
J&J

Stillwater Worsted Mills—

95%
107%

111

1946

6

104%
104%
102%
103%
103%
104%
104%

J&J

Steel Co of Can 6s

99

100

105%

J&J
J&J
6%s *42 M&S
Stanley Co (Camden) 6s '40 J&D
Stanley Crandall 6s 1946..F&A
Stanly-Rowl-Clark 6s 1946.-F&A
Starrett Corporation—
Secured cum inc 3-5s Apr 1950-

60

108

7s

49%

103%
x

2%% 1946
2%% 1947

Stand

99

*
Called Jan. 1, 1940 at 105%.
t Called Feb. 5 at 105.
6 Basis.
/ This price includes accrued interest,
k Last sale,




2%% 1945

96

union

1943

.!

2% 1944

102%
102%
103%

A&O

19

93%
30

J&J

Pt Louis Amuse't 1st 6s '45.A&O

41%

Peerless Cement 1st 5s 1948--J&J
Penman's Ltd 1st 5%s '51..M&N
Penn Amer Coal 6s 1941-56..J&J
Penn Mercantile Properties—

15-yr 2%s deb 1953

100

Rheinelbe

Spalding (A G) & Bros 5s '89M&N
Spang Chalf't & Co 1st 5s '48 J&J
Square D Co deb 5s A 1945i.F&A
Staley (A E) 1st mtge 4s '46.F&A

Serial notes 1%%

J&J

5s 1948

Dairy Products—

J&D

102

M&P
4%s without warr'ts 1956 M&S
Republic Steel Corp—
Gen mtge 4Mb ser B 1961-F&A
Gen mtge 4 Ha ser O 1956 M&N
Purchase money 5%s '54.M&N
Restigouche Paper Ltd 6s '48F&A

63

41

Standard Ice 1st 6s 1947---.F&A

1%

95%

.

_M&N

52%
52%

101%

Remington Rand Lnc—
20-yr dph 4 %s w w 1956

99

105

f 5s 1953 ser A

June 1 & Dec 1 1944
1^-2
2-2 % % June 1 & Dec 1 1945June 1 & Dec 1 '46
2H-2x4
2 %-2%
June 1 & Dec 1 '47
o
2%-2%._ June 1& Dec 1 '48
Railway Wmouse 4-6s (w-s) '47Rualty Bond& Mtge deb3-6s'53.
Reliance Grain Ltd 4%s 1952.J&J

I 5s 1946-M&N
Pocky Mtn Fuel 5s 1943.._ .A&O

38%
38%

96

Southwest

100

% June 1 & Dec 1 '42
hi
\H. % % June 1 & Dec 1 '43

conv

97%

J&D

100%
100%
101%

%-l^> June 1 & 1DecDec 1 '41
% % June
& 1 1940-1 %-l %

Mfg

10

Southern Kraft Corp—
1 st leasehold 4%s 1946

Conv Income 5s 1944
Southwestern Devel 4s 1943-J&J
S'west Lumb Mills 5s 1955. .M&N

Serial notes—

Revere Copper & Brass
1st mtge 4%s s f 1956

1946,fF&A

Standard Oil Co (N J)—Debenture 3s 1961

Roch & Pitts C &

1st mtge & lien 4s 1952...M48
104%
Paramount Famous Lasky 6s 1947 / 118
Paramount Publix 5Mis 1950
/ 118
Paramount Pictures 3 %s '47.M&S
83%
Parmelee Transportation Co-

s

50%
50%

Riordon Pulp & Paper Ltd—
1st 6s June 30 1942-..J&D30

59"

Pan Amer Petrol Co (of Calif)—
1st conv s f 6s 1940
J&D15 /
Certificates of deposit
/

S f conv deh 6s 1944.
..A&O
Paton Mfg Ltd 1st 4%s '56.M&S
Peabody Coal Co (Consol Co)—

42

102

50

Rheem

Utilconv 6s

Southern New England Ice—
1st s f 4 %s 1967.A&O
Southern United Ice Co—
1st 4s w s 1950
A&O

91

Rima Steel Corp 1st s f 7s '55

J&D

m

104

99

J&D

stamped 1941

30

101
Without warrants
Otis Steel s f 4 Ho A 1962
75%
J&J
92
Oxford Miami P^per 6s 1947-F&A
Pacific Atlantic SS 2-5s '43.M&N /
49
Pac Coast Cement 6s A 1942-J&D
78

*»

9

Midwest Corp ref 6s 1940.M&N
Railway Express Agency Inc—

66

6s 1943..--J&D

Pacific Coast Co 5s 1946

«.

40

Richmond Radiator 5s 1948 M&N

f

1st

.M&N

Richmond (Va) Ice 6%s '42-A&G /
1st & ref 5-6 %s 1947-.--.A&0

Orono Pulp & Paperg

*»

101%
103%

Qulncy Market Cold Storage &
Warehouse 1st 5%s 1946.M&N
Radio- Keith-Orpheum Corp—
Part paid ctfs (for 6% deb and
common stock) 65% paid-.
Debenturj gold 6s 1941--J&D

Cum income 4s

/

Osgood Co deb

89%

A&O f

158 1953.

lee &

Southern Improvement 1st 5s '41- f

3%s assented 1946

47
62

Sou

98

Reynolds Met deb 3%s '51—J&D

Co—

85%
85%
6s

s

96

Church of Germany

1946

6s

103%

North American Car-

r

Prov Paper Ltd 5%s 1947.-M&N
Purity Bakeries 5s 1948J&J
duiker City Cold Storage—
1 st

Rock Corp—

deb 4a 1957

Yotestant

7s

lst 6s ext 5%% 1942
M
N Y L E & W Dock & Impt—

New Y«»rk Trap

conv

-Yoduee Term & Cold Storage—
1st income 6s 1958
J&D

9

112%

15-yr 3 Ha deb 1952
J&J *105lsu
3s debentures 1959
F&A
102
Union Rock 1st 6s a f 1947-.M&S /
16
Union Term Coal Stor 6s '39.F&A
100
United Amusement Corp—
1st

s

f 5s

A1956

F&A

United Biscuit deb 5s 1950..A&O

75

114
107

102%
17

77

108%

$89.50 oFprincipal amount; 5% was paid on July 2 and 5% % on Sept. 25.
Canadian funds,
s Sale price,
x Called Feb. 15 at 100.

INDUSTRIAL

84

MISCELLANEOUS 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 are

Bid

Bonds

Bonds

Ask
Walker

United Cigar-Whelan Stores—
8 f 6s Oct 1 1962
A&O
United Corps Ltd inc 5s 1953 F&A
United Elec Goal Cos inc 7s 1946.
_

65M

73

97

79 H

M&S15
Ltd—_
5s series A 1948
J&J
5 Ms series U 1949
M&N
United Merch & Mfrt 6s 1945 J&D
United Drugs 6s 1953
United Grain Growers

80 %

r
r

97 M
98 M

16
19

/

6s debentures 1948

100 M

Warner Co

Conv

100

U 8 Finishing 5s 1944
J&J /
U 8 Print & Litho 6s 1950.-A&O

91

93"

U 8 Radiator Corp—
conv deb s f 5s 1946

50

F&A

105 H

U 8 Steel Oorp 3 Ms debs '48 J&D
United Steel Works (Germany)—

22 M
/ 13
6 Ms series U 1951..
J&D / 22 M
3 Ms assented O 1951
/
13
6Ms series A 1947
J&J f 22M
3 Ms assented A 1947—-— /
13
United Stockyards Oorp—
89 M
15-yr coll tr 4 Ms A ww *51 A&O
103 M
United Wall Paper Fac 6s 1947-32
Universal Sewer Pipe 6s 1943-J&J
Utah Ice & Storage (Colo)—
63
4-58 1954
J&D
68
Utilities Elkhorn Coal 6s 1948 J&J /
91
Valvoline Oil ext 5s 1947--M&N
Vanadium Corp of America—
105 M
Conv deb 5s 1941
A&O
86
Van Camp's Inc 1st 6s 1943..J&J
74
Van Dorn Iron Wks 7s J une 11942
Vertientes-Camaguey Sugar—
90
1st coll cony 5s 1951
A&O
Vertientes Sugar lst 7d 1942—
'
Certificates of deposit
/
12M
Viau Biscuit Oorp 6 Ms *46—J&J r 100
Vicana Sugar Co 6s 1955
J&J /
7
Victor Amer Fuel 6s 1940—F&A /
21
39
Victor Fuel 1st s f g 5s 1953..J&J
90
ValHardwood Lumber 6s '42. J&D
Va Iron Coal & Coke 5s '49.M&S
39M

25"
20
90

Debenture 4Mb 1945
Wheeling Steel Corp—
1st M

97"

*

N Y Curb Exch...

550

919

38

6-year 7s
-f'W

-

»

A 1930

ser

Secured 6s 1945
Wllbur-Suchard 4s
Wilson & Co 49

ser

200

550

600

1,500

1,900
3,500

650

"375

66

3,700

161

Minn Ch of Comm.
Minn-St P Stk Ex.

523

150
1,000

18

1.000

Montreal Curb Ex.

100

Montreal Stock Ex.
New Orl Cotton Ex

500

6,000
28,000
1,000

Conv debs -3 MSA947—----A&0
Wilson (W P) inc 6 Ms 1945-M&N

New Grl S tock-Ex.-

—70

(Bdof Tr)

Los Ang Stock

14

14

88""
25

104M

Exch

t/80

"l50
1,100

5"OO6

700

f

45"

J&D

98

6Ms w w 1944

80

20,000

32

200

113
40

26,500

463

4,000

\

Seattle Curb & M. J
Toronto Stock Exch

70

67

69

Washington Stk Ex

83

Extend income 6s 1963.—M&N
Woodland Farm Dairy—

43

400
500

Seattle Stock Exch

Wise Lime & Cement 6s '38. A&O
Witherbee Sherman Inc—

100

200

450*

44

San Fran Stock Ex.

100 M

-...-.M&S

5Ms 1943...

41"

i",65o

—400

100
750

Salt Lake Stock Ex.

Winslow Bros & Smith—

12", 666

'850

*

Winnipeg Gr Exch.

"9"

1,200

loo

Pittsb Stock Exc)h..
St Louis Exchange.

62

3",700

1,400

200

-98—

..r

650

350

213
75

Milw Grain & Stk.

85

3,500
1,900

550

60

Detroit Stock Exch

101»M

-

2,000
1,500

1,800
2,250

41

Ft Worth Gr & Cot

1952
/ 20
A 1955—J&J
103M

"900

3,500

Kan City

J&J f
M&8

800

2,100

98

12M
12 H
18M

65,000
7,000
2,300

n

139

Boston Stock Exch.

97 M
111

M&N

52,000
6,000

8,500
900
250
150

Chicago Bd of Tr__ 1,549
Chic Merc Exch
473
350
.Chicago Stock Exch

54

Cleveland Stk ExcL

78 certificates of deposit 1935... /
Prior lien 7s certificates 1935
/

106M

Last Sole

NY Prod Exch
1,371
Assoc membersh.
Baltimore Stk Exch
76

102

f 4Ms ser A 1966..F&A
Paper 7s 1942
M&N

109 M
106M

109
106

Exch—.1,375 $62,000
Cotton Exch..
450
7,500
Oof & Sug Ex.
2,000
344

Commodity Exch..

5

100

"400

i",66o
"255

350

4,000

55

& Basis.

Called Feb. 7 at 105.

N Y

Wickwire Spencer Steel—

Vulcanite Portland Cement—

V

s

Whftaker

94

87 M

SEATS
No.

99

.-J&D

60
92 M

N Y Stock

52

White Sewing Machine—
Deb 6s 1940

_

r

EXCHANGE

97

95

100

F&A

90

-J&J

103 M

N Y

(

94

107
112M

110

Youngstown Sheet & Tube—
1 st M s f 4s ser C 1961
M&N
Conv 48 debs 1948
M&S

33

Weyenberg Shoe Mfg—

104 M
40

92
106

r

Yate»-Am Mach 3-6Ms '44.A&O
York Ice Mach 6s 1947
A&O
Debenture 6s 1943
J&D

35K

34

W Va Pulp & Paper 4 Ms *52 J&D
1st mtge 3s 1954
99
J&D
Western Dairies Prod 6 Ms '41 J&D
103 M
Western Grain Co 6s 1949
J&J /
35
Western Newspaper Union—
Conv deb 6s 1944

99

r

6s 1942

71

29"

79

West Boylston Mfg 7s 1942--J&J
West Indies Sugar 6s 1947..A&0
West Va Pgh Coal 6s 1947

-

1st 7 Ms 1943
M&N
Wabasso Oot'n 3M-4Ms *61 F&A
Walker Coal & Ice 8s 1940—M&S

M&S /

Webster C&O 1st g 5s '42 op M&S

106

.J&D f

6Ms8eries A 1951
3 Ms assented A 1951

7s 1939-J&J f

r

Woodward Iron 1st lien 5s '62J&J
2d conv inc 5s 1962..Ann Apr
Woodward & Tier nan Print—

85

49
27

5 Ms notes 1937
M&S / 31
Warren (S D) Co—
1st mtge s f 4Mb 1952
M&N
101M
Conv deb 4 \i%1952
94
M&N
Watab Paper 1st 6Ms 1942.-J&J
91

51M

.

„

77"

84 M
65

A&O

1941

f deb 6s

s

M&S

1944

Co 6s 1939.M&8 /

Warner Sugar Oorp
Warren Bros Co—

30

100

5

1st 6s

30" Warner-Quinlan

99 M
99

r

J&J
J&J

1946-1947
4Mb series A 1952

4s series A

Warner Bros Pictures—

99 M

99 M

B 1949..F&A

ser

6^

98

U 8 Gold Storage (Kan City)—
1st sink fund 6s ser A 1946-F&A

1st sink fund

65

A&O

Mfg Co Ltd—

1st 3s to 1941—J&J
3 Ms series A 1942-1945—J&J

105M

20-yr 1st mtge 4s 1955

United Industrial 1st 6s 1945-J&D /
Deb 6 Ms 1941
M&N
U 8 Gold Storage(Ohg)6s'45-J&J

(Hiram)-G & W—

Deb 4 Ms 1945
105
J&D
Waltham W'tch & Cl'k 6s '43 J&D
104
Walton Lumber 1st 6 Ms '41 Q-Jan /
43
Walworth Co 6s s f deb 1955.A&O
72

67

71

Woods

Ask

Bid

Bonds

Ask

Bid

/ This price includes accrued interest,

k Last sale,

n

Private,

s Sale price,

r Canadian price,

Ex-interest.

x

80 seats, 70 members.

Quotations are for the last day of the month preceding the date of

Bid.

Bonds

...

14

16

Iowa of Sioux City

...

14

16

2

2

2

...

100M

99M

:::::::::::::::::

100
99
99

First of New Orleans 5s
First Texas of Houston 5s.

75

4Ms

75

5s....

5Ms

101M
102

75

-

Illinois Midwest 5s

z

-

New

99
99
99

York 6s

Carolina 3s
Oregon-Washington 5a
Pacific Coast of Portland 5s—
Phoenix 4Mb

41

100
102
103
21

5s

85
85
85

21

—

100
83

San Antonio 3s

Southwest
Southern

99

f Flat price.

82

5Ms
Montgomery 3 Ms

St Louis 4 Ms
5s

99M

Fletcher 3 Ms............

Fremont

82
82

North

First Trust of Chicago—

99 M

58

11

Minnesota 5s

86
86
86

Par
100

Atlanta

71

100M

.....--..--100

40

46

130

140

100

Atlantic.

60
8

Dallas

Denver

45"

Des Moines

104"

Freemont..
Lincoln

First Carolines -.-.-..-.---100

100

.... ...

-

45

100

..........

3]

100

9

Carolina............-100
Pennsylvania
100
Potomac
..............100
San Antonio
100
Virginia.
..................5
Virginia-Carolina
100

73
29

23

New York

23

North

12

100M

100
100

101

86"

100

100
99 M

STOCKS

105

As*

99

Union of Detroit 2Mb.
5s

Virginian 2S

99M
4Mb——.

Bid

Stocks.

Ask.

100

m
100 M

98 M

Carol in as 5s

4Ms-

4Mb
Lincoln

100
99 M

Dallas 3s
Denver 3s
First

2

2

...

.....

97 M

Lafayette 5s_.

Burlington 5s-_
4MB
Chicago 4M«————
L5s
5MB
—

Bid.

Bonds.

Ask.

issue.

?5"

;p
32

100

110

75

80

1H

2M

100

Ex-dividend.

Investing Companies Stocks and Bonds
Concluded from page 72

Stocks and Bonds

Par

Bid
Per

Seaboard Finance

Oorp

$2 cum pref ww
$2 cum preferred
Second Carey Trust
Securities Co of New York

*
*

100

Consolidated 4s

Selected Industries
$5.50 prior stock

21M

45*
27

Securities Corp General com
*
Selected Amer Shares Inc
2M
Selected Income Shares
1

..—25

Convertible stock

Allotment certificates
Shawmut Association

9.lo

standard Investing Corp com-.*

25
25

50

♦State St Investment

10.M

March

1

Talcott (James) com

Tobacco & Allied Stocks Inc

11M

Tobacco Securities Trust Ltd—
Am dep rets ordinary-...£1

5M% partic preferred..

_...*

1952

M&S

Standard Amer Trust Shares
♦

Am dep rets

90

M&S

82

Sovereign Invest. Inc., com..10c
Spanish & Gen Oorp Ltd—
Am dep rets ord reg
£1
Amer aep rets ord bearer
£1
Spencer Trask Fund Inc
*

.68

.76

Tri-Continental Corp

6% cum preferred
Warrants

if
15.67
3.58

16.59
3.68

5s

conv

deb

44

£1

11.05
5

1953

J&J

* No par value,

t Ex-coupons.

1.33

2.58
2.53
5.40

5.28

Securities com—*

*

U. S. & International Sec——•

!8

1st

pref with warrants

Util Equities Corp com

$5.50 priority stock
Utility & Industrial Oorp

*
_.10c
1

5
7

Convertible preferred—

78

%
108
62c

.97

/ Flat price.

Wellington Fund

1M
16
2.23

6M
80

59*
53

l8
14.31

.........

Western Reserve Investing—•
Deb 5 Ms 1944
Wisconsin Bankshares

* Last sale,

n

Nominal,

F&A

Ask
share

1.381
2.68
2.63
5.50
5.38

3M
94

1.01

Voting shares
$6 1st preferred

.---

Trusteed Amer Bank Shares B 25c
Trusteed Industry Sharea
25c

Trust ctfs series B—
U S & Foreign

2M

*

Shares....50c
C
1
1
Trustee Standard Oil shares A..1
Series B
1
Union Investment common..
*
Cony deb 5s 1946
—M&S
United N Y Bank Shares C3-._*
U S Elec Light & Pow tr ctf A—*
Trustee N Y Bank

.. _

6
—

Bid
Per

Class D

*

deferred

Par

Trustee Stand Invest ser

50

Transamerica Oorp

Quotations not furnished by sponsor or issuer,




9

58

Shawmut Bank Inv Trust—

5s

—.—1

58

51

Stocks and Bonds

Ask

share
15c

*
*

$4 cum 2d preferred
*
luper Oorp of Amer class A—2
Class AA
—.............1
Class B
2

5

4M« Mar 1 1942

Corp...

Suburban Elec. Securities

32

"M Supervised Shares

...

Bid

$5.50 preferred w w
*
Standard Utilities Inc..—.—50c

4.38

*

com

Par

5

1

-

Stocks and Bonds

Ask
share

100 M

»

x Ex-dividend.

96 H

1M

Quotations for all securities

Stocks

Par

Bid

Stocks

Ask

Per

are as near as

Par

possible for tbe closing day of the month preceding the date of issue

Ask

pid
Per

share

Brandon

TEXTILE

Class

STOCKS

90

Calhoun Mills....50

Preferred.

40

Atlantic Rayon
Bates Mfg

1
100

Beacon

5

7

26

28

5h

85

10

4X
12X

$1X conv pref.20
Berkshire Fine

Spinning Co—
5% preferred—

5X
42

P
46*

(Richard)

Borden

11

10

....

26

-11-

—42J4
76"
79 X
-4M- .^..4X
33 X
32X

39

42

40
80

Co

12

99

10X
25

16""
90

i*

Mfg—100

Preferred
100
Mt V-Woodb Mills

J*
Ix

100

Nashawena M
*
Nashua M (N H) 100
Preferred
100

33

2nd preferred—1

3
48
8

fr

6X

7X

Naumkeag Steam

100

7

50

41X
27

25X

27

26

27

49

50

UX

Mills com—--—1

88

89X

1

2

21

25

12X

Carnegie Metals

Hanes (F H) Knit.5
7 % preferred.. 100
Hartsville Cot Mills.

11

13

114
82

116

Copper Corp

47c
1

IX

10

Hargreaves

Mines

*

6h

K\ AL ESTATE TR

A

1

37X

*

LAND

STOCKS

Bd of Tr Bid Tr.100 a
Bos Gr'd R'T Tr 100 a
Bos RET (Bos)_100 a

4
18

21

10

Chief Consol Min.-l
Chile

Bos Stor W'h'se.lOO
Boston Wharf
100

a

7X

5

8

Clear Creek Cons—

Cent BldgTr

100
ChicRETrus's. 100

a
a

6

OltyRET(O)—500
Congress St Associ¬
ates (Boston).lOO
Factory Bldg Tr.100
Fifty Associates (B).
Hotel Tr (Boston) 100
Kimball Bldg Tr 100

a

85

8

44

70

75

92
70
95
46

96

Common

10c

Cliff Mining.. —.25
Consol

Copper

6

Cons Min A Smelt .5

Mills pref

pflOO
100

King (J P> Mfg. .100
Lanett Bleachery &
Dye Works com 10
100

Majestic Mfg
Marion Mfg Co

l66"

Copper Canyon-10c
Copper Range
__*

Cornucopia

Gold.5c

52
52
45

46
35

Oresson Consolidated

Gold Min k M..1
Ousi Mexicans. _50c

22X
UX

41

Eagle Pit h Lead.-10

33
30

52

E vans-W allower

It*

7 % preferred

Power common

33

37"
79

77
100
60
100
27

66

15

Pacolet

36

39
8

Perfection Spinning
Pickens Mill

85

5X
7X

Knitting—100
7% preferred ..100

Piedmont

m

mm

mm

mm

7% preferred. .100
United Elastic
*
Utica

Mfg
100
7% preferred-.100

m>

10X
32X

mm

mm

mm

10X
34
87

6X
9X

58

Mohawk

Mfg
20
Poe (F W) Mfg.-100

Common

38

40

100

5X

6

Wayne Knit Mills .5

13 X

15

Mills
50

7% preferred.
Southern
Bleachery

Southern

i

Acme Spinning
Alabama Mills—-*

106

Southern

d*

4f«

66

70

60

*

46

50

100

97

102

25

15

Avondale Mills..—1

*

com

Spartan Mills.
Startex Mills

_

7X

7

20
8

Beaumont Mfg—...

95

92""

7% preferred----Belton Mills (SO)-25
Preferred

5

97
8

---

45

50

100

93

21

70
120
19

75

43
48

.100
..20

Textiles Inc

com.

Class A pref
Class B pref

_

48

10

57

X.

100
50

73
15

17
5

_

1st M

Mines

lc

new

Mt City Copper..5c

83

and Mines com..*
New Jersey Zinc.-25

20

23
52

Newmont Mining. 10
New River Co
100

48

118

6s Jan 1941

Guar

&

6

a

3

*

X
12X
9

1

12

X
165X

Trust

20

3X

6

Rosarlo..

...10

e

1

6X
5

10

55

65

Preferred

..100

Abitibi Pow A.Pap.*

6X
25 X

6% preferred .100
7% preferred-. 100

Sift

IX
13
24

mmmmrn

IX
14
29

"2

Abraham & Straus.*
Acme Steel
25

40c

Acme Wire

37 X

Adams (J D) Mfg..*
Adams Millis
*

9X

10

Adams

Gas.*

3X

22 X
4

Addressograph Multigraph Corp...10
Advance Aluminum

17X

18 X

122

IX

9

63

13 X

25c

22

75

6

25

60c

68X
144

Mfg.. 100

$6 preferred

Aberfoyle

40c
68 X

142
18

& Fitch

13

X

.X

1 h

IX

Oil A

43

48

47 X
22

...10

48 X
22 X

72c*

23 X
80c

5X

5X

Castings com
5
Advance Bag A Pap

3

X
33 X

%
34X

6% preferred. .100

35

8% preferred.-100
Rumely. *

90

3X

mm-mm

Advance
.

4c

15c

45X

10X

Aeolian Co—

46 X

10

6% preferred A.50
Aero Supply MfgClass A

Class B

IX

1
1

Aeronautical Gorp.l
4c

11c

4

4X

Aetna Ball Bear
Aetna Rubber

1

Preferred
100
Aetna Stand Engine*

IX
62

62

70

73

Agfa Ansco (Del)—1
Agnew-Surpass Shoe

9X

Preferred
100
N Y A Honduras

98

Stove
*
Abbott Lab'tories.*

Common

Tunnel

80

1st 7% pref—100
2d 5% pref... 100

3

a

A B

6X

Canada
Mother Load Ooali'n

National

10

Victor-Monagh'n 100
7 % preferred- 100
Victory Yarn Mills—

Lucky Tiger Comb
Gold Mining—.10
Magma Copper OolO
Mayfiower-Oid
Colony Oopper_25
MclntyrePorcupineS
Miami Copper
5
Mining Corp of

80

Union-Buffalo Mills
Common

2

300

INDUSTRIAL AND
MISCELLANEOUS

26

51

5

Lava Cap Gold Mini
Louisiana L'd A Ex 1

Worsted—

1st mtge notes

.

4X% convpfd 100
Abbotts' Dairy
*

5

Lake Shore Mines .1

100

99
18

59

25

Kirkland LakeGold 1

Stowe Spinning

Cotton

n"
10

58X
49 X

*

15

Sterling Spinning

100

86

95

Southern

*

Inspiration Cons
Copper
20
Internatl Mining: .1
Island Creek Ooal.l
$6 preferred
1
Isle Royale Oop__25
Jardine Mining
1
Kennecott Copper.*
Kildun Mining
1
King David Min.50c

82

7% preferred 100
Weaving.*

5

Anderson Cotton

65

Franklin

Process

Amer Yawn A Proc—

28

*

6 Print Wks

Title

Abercromb

Illinois Zinc

103
7
7
100

it*

Min

31

12

6% preferred. .100
Rowan Cotton
Saxon Mills

Preferred

Southern Mills

110

Bay

45

6.X
11X

A Smelting
__*
Idaho Md Mines. .1

57

25

...

7X

35

common

25

7 % preferred. -100
Riverside & Dan Riv

Mortgage Guar.

Columbia (D C)
5
Empire Title &Gul0U
Home Title Ins (NY1
Real Estate (DO) 100
of New York

Copper Co
100
Mining
25c
Hollinger Mines
5

Hudson

Riverdale Mills—

Smyre (A M) Mfg 10

Cotton Mills—100

7X

12 X
Howe Sound Co
5

29

81

X

Homestake Mines

73

25

30

28X
41X

%

Hecla

Orr Cot Mills..-100

Chatlllon.-l
Class A
1

40

5

70

7% preferred

...

a

Greene Cananea

48"

12X

5% preferred--100

,..28H

IX

Granby Cons M S &
20

43
65
45

nx
14X

Tubize

.

1

Norris Cot Mills

Newberry C M..100

6X

X

Goldfield Consol

2

...

a

Bankers Bond A

60

Mines

73
16

Cotton.

a

100

28

90

Mills. .100

..

Zinc, Inc
1
Federal Mining k
Smelting new
2
Golden Cycle OorplO

1

"5"

TITLE GUAR¬
ANTEE & SAFE
DEPOSIT STKS

Evans Wall Lead—

60"

20

a

80c

Dome Mines Ltd..*

37
28
25
47
105
50

May Hos'y Mills 100
$4 preferred
Mills Mill pref.. 100
Mooresvllle

25

Copper

12

38

Industrial Cotton

3X

Soule Mill (N B).100

Bibb Mfg

5c
120

4

Nat Yarn Mills... 50

*
Preferred—--20
Sagamore Mfg
(F R)
—100
Sanford Mills
*
Skenandoa Rayon.*

Mills

3J

$3 prior pref
Highland Pk Mfg 20
6% preferred
Imperial Yarn

2X

Common

Arcade

Wright

Cerro de Pasco

87

Musgrove Cotton

Roxboro Knitting—
Preferred
3
Saco Lowell Shops

Preferred

Preferred

Central Am Mines. 1
Central Eureka
1

Monarch

Rich Borden Mfg—
See Borden—

Mills

t>*

Utah Metal A Tun.l
Walker Mining
1

Callahan
Zinc-Lead
Co
1
Calumet & Hecla..6

17

Henrietta Mills—

X

1

1

_

Tonopah Mining.-1
Union Copper Land
A Mining
25
Utah Copper Oo„10

10

Sup

30

Marlboro O Mills..4

Pepperell Mfg—100
Mfg
100
Pilgrim Mills
100
Qulssett Mills
100

Appleton Co

mm

6

White Knob Copper

15

Limestone Cot Mills
Linford Mills,

14 X

Pierce

Amer Enka

mm mm

16X

10c

41X
5X

5

AC2K

25

l^aurensC M

6% prior pref.-50
Pacific Mills
*
Patch ogue Plymouth

Abbeville Mills

0m

5

Cop & Z Oo_5

Butte &

12

5

Teck Hughes—.
Tintic Standard

•29M
12Vs
%
X

Dredg¬
5

6 Sull'nM

Butte

42

20

Preferred B

39 X

Nonquitt Mills
*
North Amer Rayon—
Com class A
*
Com class B
*

M

44"

IX

Antelope Min

Silver King Coal

Bunker Hill

8X

12X

•

So Am Gold A Plat. 1
Stand "Silver-Lead. I
Sunshine Mining. 10c

Mines—1

Gold

ing, Ltd

30

39

_

Judson Mills A

Rayon class A. .25

W&msutta

Consol

41

20

Copper

6X
IX
1h

1

25

Shattuck Denn

Black Hawk

7
25

Preferred

27X

N J Worsted pf—100
N ewmarket Mfg— *

A

30

37
25

Inman Mills

New Bedford

Utica

Quincy

_

Austin Silver Min--1

Bagdad

-

4% preferred.....

100

Cotton

mm

Mills—

Preferred

Amer shs ctft—10
Pioneer Gold Ltd. .1
Polaris Mining--25c

Pocahontas
Premier Gold M

&

Hamrick Mills

4

...

mm

Bulolo

Glenwood Mills. 100
Gossett Mills....

87^

mm

92

Gainesville Cot Mills

$6 part pref A—.*

12X
mm

2

Patino Mines A

Ltd Amer snaresSt Anth Gold M...1
St Joseph Lead.-.10

Smelting
1
85 prior csonv pf 25
Anaconda Copper
Mines
.--—50
Andes ''opper M.20

Lead

7X

1

-

31

30

—

50
10

Granteville Mfg

Mines

1

Pond Creek

10

Zinc

6

Tin

60

Gold

Amer

21—

115

100

_

Gaffney Mfg-.
Conv pref..

Martel Mills—

107

131"

STOCKS

15

110

100
-

14""

20

89"

106

*

55
-

i-9-

102

IX

Units

100

Alaska Juneau

12

10

Enterprise—

14

52

50

10

14

103

104 X

87

Preferred
100
Penmans Ltd com.*
Preferred

16

148
55

Mining

t—

7 % preferred

Grendel

*

Cottons..

Wabasso Cotton

1254

6% preferred--100

IX

Preferred

"3""

50

Consol

Mining

109X

100

Preferred

40"

46

Fulton Bag & Cotton
Mills.
*

19

100

Domin Text Ltd

Fairforest Finish Co
Serial notes

Oriental

7

15

Montreal

2X

Erwin-Cetton——-20

77 X
9

(N B)-75
Ludlow Mfg Assoc.*
Luther Mfg
100

125

5X

Converters. 100

50"

16

Dwight Mfg—12X
Eagle Yarn
Easley Cotton Mills
7 % preferred
Eflrd Mfg.
100

13

Kilburn M

Preferred B

115

Can Cottons Ltd 100

42

22c

Mining Com__25c

Consolidated
Park-Utah Consol

100

65c

Old Dominion Co.25
Oklahoma Interstate

98

Preferred

IX
60X

61c
5c

Roan

Hartfora Rayon vtcl

(Baltimore)

50

Can

MINING

Hathaway Mfg.. 100
Kendall Co com—*

Merrimac

65

Ask
share

59X

1

Pacific

110

27 X
13

preferred.25

62

26

Hosiery—

Florence Mills

6

Worsted-50
Gosnold M (N B)__*
Preferred
100

58

24X

100

5

Ohio Copper of
Utah

Mills

l65"

60

7 % preferred

Cotton—•

Knitting—2 H

Goodall

Prgfhrred

Canadian Mills

7 % preferred- -100

Mills.

Flint Mfg

8

units.

8

West Point Mfg. .20

Bid

Par

Noranda Mines
*
North Butte
2.50

117

6

*

20

Spinning..

Durham

6

111

Mills

Wiscassett Mills
Woodside Cotton.20

See Indus, stks

preferred-.100

Prior

16
72
95

7
36

Dunean

IM

8

Fair. _AJpaoa.~^100
Franklin Process--*
Fruit of the Loom

Globe

91

20

2X

P

Brighton Mills—
Preferred
100
Cabot Mfg
100
Cleve Worsted Mill
^Common
Draper Corp.
*

General

90

88

100
Darl'gton Mfg(SO) 5
Drayton Mills
20

Bradley Knitting—
1st

6
83

Dallas Mfg (Ala)

5

10
*

Preferred

_

Chlquola Mfg
20
6% preferred
Clifton Mfg (SO) 100
Climax Spinning- .50
Columbus Mfg (Ga)
Common..
100
Converse (D E).100
Crescent

Mfg Co com
Border City Mfg 100
Botany Worsted—
Mills class A
5
Bourne Mills

10

8 % preferred-

Stocks

Nipls8ing Mines

95
100

Wlnget Yarn
Mtge 6s

100

Co

6X

44
95

26""
39 X

China Grove Cot-..

100

Beaunit Mills

23 M

...*

II

Per

.100

Wellington

38X

Mills

Ask
share

Washington Mills 100

C had wick-Uoskinu

Mfg—

Preferred

7 % preferred

Cannon

66X

*
100

Ware Shoals Mfg 100

Callaway Mills.—.*

*

__

22

Apponaug Co
Arlington Mills

Wallace Mfg Co....

95
20

.

*

Bid
Per

4

"2""

*

7% preferred
100
Burlington Mills.. 1

Northern Mills
Amoskeag Co

Par

40

Corp A. 100
B

Stocks

share

Common

*

80

25X

Preferred .....100
A ins worth Mfg....5

26 X

Air Associates..
.1
Aircraft Accessories.

Aircraft Precision
Air Devices Oorp—1

a
*

Purchaser also

Without par

value.

pays

accrued dividend.

1




/Flat price.

k Last sale.1

n

Nominal.

r Canadian

price

t New stock.

a;

Ex-dividend.

4

INDUSTRIAL

86

Stocks

Ask

Bid

Par

Stocks

day of the month preceding the date of issue

Air-Way Electric
Appliance
Alaska Pac Salmon*

3

154

154

21

23

1

3

Blumentnal

20

23

654

654

5% pref
100
Amer Maracaibo-.l
Amer Metal Co
*

5*
4 54

Alberta-Pacific

254

Grain class A-.
Preferred
100

32

4

5

6% pref w w—25
Pref ex-warr_25

_5

3

4

Warrants

68

19

13 54

135s
754

Am Ship & Comm.*
Amer Ship Build.-•

7 54

8X8
6854

Amer

3954
13

-1454
19
140 54

11454
1654

50

6% preferred

Bemberg com.*
100
Am Beverage Corp. 1
7% preferred
5
American Book. .100
Amer Bosch Corp—1
Amer Box Board—1
A.Brake Sh & Fdy—
Common
*
554% conv pf-100
American Can
25
7% preferred. .100
American Canadian
Properties
*
Am Car & Fdy
*
7 % preferred
100
Amer Carmel
100
Preferred

-

_

iF8
254

Found. .10
7% preferred-.100
__

254

Am Vitrified Prod.*
Preferred
*

46

36 h

39

Amer Wind Glass—
Class A
100

50 y
46 y

10 54
49 J4

iJF
F
42 54
5 y

0%
44 y

11054
5254
10 54
49 54
18 54

154

42F
6

754

134

113 54

IF

3154
51

J/*

100

854
54

1454
6J4

53

654

20

Am Crystal Sugar

10
100

6% 1st pref

Am Cyanamid A. 10
Class B
10
'

5% preferred—10

Sugar
100
Apex Elec Mfg
*
Applied Arts
..1
Appollo Steel
.10
A P W Paper new. .5

IF

7

1254

&
33

30
33 54

1154
1154
254

.

854

pref-.100

108

7% preferred-.100

115

117

53

3754
5254

50

11

1054
354

7

9

13

17

78

85

1554

40c

954

10154

9654
15

7%

654
1154

1254.

17
7

3 >4

1st preferred--100
2d preferred-.100
Amer Hard Rubb.50

68

72

33

35

Atl Coast Fisheries- *

11

1254

100

SS Lines

Amer Hardware. .25
Am-Hawalian SS.10

2254
2854

IF

Am Hide & Leath-.l

3#

3F

6% preferred

_

-

.50

Amer Home Prod.
Amer Ice Co

18

60

254

6% non-cum pflOO
Amer Insulator
*

23 54

24 54

254

354

St 50 prior pref. 10
Amer-La France 8c

1854

1954

154

Foamite Corp.-10
Warrants

15

Am Laund Mach_20
A
*
Class B__
...»
Amer Locomotive.*

If

10

7% preferred. -100
Amer Mach 8c Fdy.*

•Without par value.




*

12

254
21

57

ment common

5

50
50

Common

Preferred

Bender Body com. .5
Bendix Aviation—5
Bendix

nNominal.

11454

10F

27 54
10854

.

8

854
77 54

7754

7854

754
354
554
254

854

454
754
12454
9

554
754

"5 54

15

1654
2054
10854
354
1554
2254
62 54
123 54

654
254
254
165*

254
1554
1754
21

10954
354

Limestone
6 Cement com__*
*

5% preferred
20
7 % preferred- -100
B/G Foods Inc
*
7 % preferred- .100
Inc

*

$2.50 preferred..*
Bigelow-Sanford

Carpet com

*
100

Billings & Spen
Bing & Bing
Binks Mfg

25
5
1

55

53
2

3054

10

11

67

13

254

16

354

r Canadian price,

IF
10

254
3154

*

1254
32

k

17 54 Dec. 20
20 H
1854

1854

1854

154

154

10

8

854

Brown Co 6% Pf-100
Brown Durrell
.*

26

27"

Brockway Motor
Truck com
Warrants

1

154

.1

4

*

17

454
1854

Brown

sF

48

A pref
Forman

Distillery..
Preferred
Brown Rubber.—1

Manufacturing 50
.

4

x

*

Brown Shoe

128

IF
r

5

12

Dec

1054

1154
554

Bucyrus-Erie

Budd (E G)

28

1954
954
10154
13 54
554
4054
554

Co.-5

Mfg..*
.

89

154

100
»

2254

*

30 54

554
4154
554
23 54
3054

"254

654

754

40

Burma

Corp Ltd—
Am dep receipts.-

254
54

W

1154
154
454

_*

Burry

Biscuit-12 54c

Bush Terra Co

10

6 % preferred
*
7% debenture. 100
Bush Term Bldgs—

554

3854

39"

1

com

1154
1 5a
454

9

!F
115

254

75

85

1354

14

38

3854

5% conv pref. .30
Butterick Co..
*
Preferred

13

1054
654
2054

10

Butlnr Bros

10

12

7% pref ctfs--100
3

14

8054
1754
113 54
254

14

254

»

95

4 54
30
2

954
103

1254

Machine

954

21

112

7 % preferred- -100
*

Bullard Co

Bulova Watch

154

2854

% Burroughs Adding

27oM

F

50

i

Byers (A M) com. _*
7% part pref.-100
Byers Machine..
•
Byllesby class A
*
Class B
..*
Preferred

3054

90

92

F
13

20c"

25c"

15c

20c

F

1
•

2954

11

81

.*

Byrndum Corp
Bryon Jackson

554

Cable Elec Products

354
354

F
iF

99

754
2054

44 54

Vot tr ctfs
Common

1454

50c

54
54

1654

1054

16 54

__1

14

25
25
5

19

1454
2054

1854
2254

22 J4

32
28

100

Land

20

Cambria Iron

1754

2254
5054

5% preferred...50
Calaveras

1554

._50c

Oalamba Sugar
Estates com-.-20
Preferred
100

Timber

Co-

z Ex-dividend.

37

2054

10

Burns Bros com—*

654
2054

30
Bloch Bros Tobacco
Common
25
Preferred
100

132

86

.

Calif Pack Corp—»

6% conv pf
5% conv pf
Bliss & Laughlin

2

454

2054

$5 preferred.
Brunswick Site

Preferred

40

54

*
Mfg »

f New stock,

21

Registered

Brit-Amer Tob reg£l
Ordinary bearer £1
British Celanese Ltd

Burd Piston Ring-.l
Burdines Inc
1

Blauner's $3 pref--*
Blaw-Knox Co
*
Bliss (E W)
Common

53

1854

*

Budd Wheel

53

*

...-5

Fdy & Mach

47"

52

-

Brit-Amer Oil Ltd—

7 % preferred.
52

6

B!ack& Decker

45

5

Bristol-Myers

7% cum pref--100
Buda Co com
100

754
554

91

65

.25

Bristol Brass

20

Birdsboro Stee

123J4
754
254
254
1854

80

Buckeye Steel Cast

5
^

*

Bird & Son
Preferred

Brinks, Inc......25

954
1054

7

7% preferred-.100
Beryllium Corp

Borland Shoe St

16

30

Buckeye Pipe L..50

126

Purchase warrants

Bickfords

2854
1154
3054

Collender

20

10

niture common--1

Preferred

75

3

7 % preferred- .100
Brillo Mfg—
*
Class A
*

•

B runs wick-Balk e-

30

33lic

Beth Fdy 8c Mach.*
Preferred
50
Beth Steel (Del)
*

112

3

Bunte Bros com—10

Best 8c Co

r

2254
39

2c

A..*

Bruce (E L) Co
5
Bruck Silk Mills—jl*

3

Appliance cl A_.5
Class B

2254

3654
-

Brown & Sharp

9
27 54

Home

J 4 54

* Last sale.

11354

Yds

Stk

Preferred

Alarm common.25
Automatic Instru¬

26 54

954

&

3

55

254

Class

40c

5954

1654

16

60

_

6% preferred-

119

Aircraft--1

RR

P

49

*

Brill Corp class
Class B

common

10c

-.1

Bell Aircraft

"554

r

Automatic Fire

2
2054
1454

Powder

5 % conv pref- -100
Atlas Tack
»
Auburn Automob
*
Austin Nich & Co
*

ila

55

<

Atlas Drop Forge. .5
Atlas Plywood
*
Conv preferred .20

$5 cum prior A..*
Autocar Co com. 10

American Locker—
Class

5% non-cum pflOO
Atlantic Refining .25
4% conv pref. 100

Atlas

1

Preferred
*

114

.

Atl Gulf 8c W Indies

8% preferred-.100

3*

Am Hair & Felt..

2J

Bessemer

Am dep rets ord

registered
£1
Associated Rayon. •
A they Truss Wheel 4

Aircraft

2054
54

Assoc El Indus Ltd

Am Furniture

1454
454

28

Belding Hem'way. *
Belden Mfg com
10

8

(Can).*
preferred-.100
Dry G'ds
1
1st pref—100
2d pref—100

654

5

50

Warrants

554

Preferred

6%
7%

454
154

Cream. _25

54

Ashland Oil & Ref.l

Assoc

Amer Forging and
Socket com
Amer Fork & Hoe-.
Am Fruit Growers

14

common-.25

Berghoff Brewing--1
Berkey 8c Gay Fur¬

Mfg com.l

Brew

100

3*

20

Assoc

1254

iF

Brown Fence & Wire

1554

9

254

1454

1154

23

37
20c

Elec .10

Art Metal Constr.10

Am Fabrics, pref 100
Amer Felt common *

754
1854

n\7/*
23

1454

*
7% preferred-.100

Asbestos

iF

"6"

iF
36 54

♦

Coupon

20

Benson 8c Hedges-.*
Conv pref
*

8

6

154

22

8c Cadwell

Beatrice

4

7

Amer Export Airlines

Preferred

60

37

Artloom Corp

100

48

46

Arrowhead Petrol-_1

Preferred

554

Arrow Hart-

106

Common

2F

10654 Belmont Radio----*

554

5% preferred
ou
Aro Equipt Corp—1

Amer Export Lines—
Common
1

3 54

100

c

7% 1st pref

Belt

Print Wks

1154
354

%

454
954

106

$6 conv pr pref. »
7% preferred..100
Armstrong Cork
*
Armstrong Rubb A*
Arnold. Constable.5

33 54
12 54

254

40c

26

Bellanca

Armour & Co (HI)—
Common
5

2d series
Amer Distilling pf 10
Amer Dist Teieg
*

American Encaustic
Tiling
Co
]

30c

20

Beech-Nut Pack.-20

33

4 54

Hegeman

1254

354
954
154
1.254

100

Optical com
10
5% preferred.. 100
Bayway Term
1

Beech

4
1/

5

Argo Oil

Arnold

29

254
954
154

*

6
Bearings Co (Am).*
1st preferred--100
1354
2d preferred
100
254
754 Beau Brummel--_-l

4

Arcturus Rad Tube 1

guar

26

*

$5 preferred w w_*

854

1254
254
654
354
3254

_

Commercial
com

*

Antilla

7%

954
654

154
76

74
7

i?B

Bright Star Elec—
■OIasS"'A"2:''i'-i"'i'Vi---E-*
B

2154

554
554
1154

Brlggs 8c Stratton.. *

54
854

18

19

Amer dep rcts-lOe

A

Preferred
Pref v t

17

Warrants

[Brig ,'J. Mfg, -v

754
154

20

Bridgeport Brass - *
Bridgep't Hydr'lic20
Bridgeport Mach.
Preferred-----100

-34.

V

iumann(Lud)com*

Mfg

20

Ark Fuel Oil pref. 10
Armour & Co of Del

115

& Paper

654
154

*

preferred

Class

1

Class B.

Beaton

30

154

Archer-Dan-Midl'd *

120

100

6% preferred-.100

154

27

*

14 54

—54

114 54

154

1

Animal Trap

2

l

Amer Coal (N J)__25
Amer Colortype__10

Alcohol

Corp

Anheuser Busch

133

Amer

113 54

Angostura-Wupper-

178J4

i?S8

Co

2054

175

129

Preferred

3854

13054
ii3 y

American Cigarette
& Cigar

27 54

20

mann

F

Bathurst Power

37

Andian Nat Corp..*

y

*

Bath Iron Wks

954
4554
hi 54
254

Anchor Hocking
Glass common..*

45

class A
-.65
Bllt Hotels—

-54

58

*

$6 54 conv pref—*
Anchor Post Fence.*

23

ers

Brewster Aeronaut'i 1

Bausch 8c Lomb

common

20

Bondhold¬

Bow-BUt

uy

Serviced A-

.

Anaconda Wire 8c

Cable

3354

25

15

2554

554

3254

B'r'g..6

1654

1954
8154

Trading

American shares..

Jy»
33

Bower Roll

ir/s
67

23

100

Preferred
ankers Indust

954
4454
954
254

*

Amer

Amsterdam

103

16 54

1854
23 54

Brager Eisenberg—1
Breeze Corp
1
Brewing Co of Am.3

2

52

7 % preferred- -100
Wringer
*
Amer Writing Pap.*

22 54
106 y8

Chicle

*

100

48

Am Chain 8c Cable.*

6% preferred--100

Common

Preferred
Am Woolen Co

Warrants

32 54
12 54

18

2254

2454
754
654

30

new

2754

23 54
12254
63 54
2354
2154
2554
2854

Boston Herald
Traveler Corp—.*
Boston Woven Hose
8c Rubber com..*

IV

13

com

"***•——/4 ■ BardstownDistill—4
3354 Barium Stainless
Steel com
1
6154
__*
354 Barker Bros
85 54
85
554% pref
50
87
86 54
Barkley Grow Aircrl
Barlow & Seellg cl A5
150
14754
lard Aviation. .1
354
254
5
5
554 Barnsdall Oil
Barnsdall Refining. 1
12
54
"54 Bartgis Bros com.-l
9
8
6% conv pref.-25
Basic Dolomite
1
15
12
Bastian-Blessing
*
Batavia Body
7
554

ansformer.10

iF

for

7% pref

150

60
3

6 ^preferred-.100

55
21

2254
c

23

IF

Borg-Warner Corp .6
Borne Scrymser.-25

1st preferred-.100

104

100

61

Boyertown Burial
Casket com
*
Brach (E J) 8c Sons *

3254

60

Am Thread 5% pref5
Am Tobacco com.25
Common B
25

1.7 54

jfreierred

12154

Bond Stores com__l
Borden Co
15

2d

97

94

49

V t

*

354
27 54
18

Bowm

1054
100

alaban 8c Katz.-25

Preferred

23
*

A—*

B

Common-

185

1454

Preferred

115

69

.1854
8054

Amer Television^-.-;.-!
Amer The/mos A._*

2254
14154

Amer Centrifugal_.l

Amer

R£f.l00

354
2154
654

Deferred

7% pref old—.100

144

67
146 54
160

matra7Tob

1

354

5154

5054

12 54
16

!

106

100

com

Common

22

Bourjols, Inc
*
$2.75 cum pref..*

20

31

32

53 54
20 54

my

10
%
3054

7% preferred—100 r

1554

loF

100

Preferred

18*

854

8

*

Am

American

Amer Sugar

0.

.100

6% conv pref-.50
Amalg Sugar— — 1
Amerada Corp
*
Amer Agric Chem.*
Amer Air Lines..-10
American Arch
*
Am Bakertes pref 100
Class A
*
Class B
*
Am Bank Note—10

x

F'dries/..

American Stoi

Aluminum Co com. *

Ltd

Steamship./OO

Am Steel

Preferred

yrshire Pakota
Colliers Corp

53

19

aker Chemical

54
554
1054
54

139

6% non-cum pf:

67

....

6% preferred--100
Amal Leather
1

f

Snuff.

American

9

-Altorfer Broscom.-

Aluminum

/

/

/

7% preferred- _10(
20 54

19

^

Alum Goods Mfg--*
Aluminum Indus..*

*

Am Smelt 8c Refg..'

preferred--100

*

1154

18

354

554
54

28

54
554

_„2

754

52

69

25

American Sealcone_5

17754

AUis-Cbaimers Mfg

pref..

754
1654

11

Amer Seal-Kap
Amer Seating

.

conv-I—25
10

6% preferred.

1054
152

1654
6754

13

Common..

Oonv

7

12

Allied Stores Corp. *

Alloy Oast Steel---*
Alpha Portl Cem._

10
150

American Screw. 100

3*
475 54

Preferred

Common

12

454% conv pf 100

154
42

354

tation Corp

Am Safety Razor
Common
18.50

Allied Prod (Mich)-—

5%

60

Amer Rolling Mill 26

Allied

1354
154
7

7% cum pref 100

.54

Bon Ami

16

Bohn Alum 8c Br..5

654
17 54
16 54

36

1
xton-Fish Tob A 10
Class B
10

88

Stand Sanitary..*

7%
2 54

554

6

454

154

154

2154
254
2654

Bohack (H C) com.*
1st preferred.. 100
Bohack Realty pflOO

16

very(B F) 8c Sons 5

54

84

Amer Pulley
Amer Radiator &

2154
10 54

54
2054

19

Am Republics com 10

Cement pref—10
Alles & Fisher
*

CI A

2454
35

Am Potash 8c Chem *

72

954

Alliance Realty
5
Preferred -----100

Chem & Dye
Corp common..
Allied Kid Co com.5
Allied Laboratories '
Allied Mills Inc.. .-*
Allied Paper Mills

24
33

7% 1st pref
60
6% preferred __50
13

21

54

share
16

654
5654

50

_

18 54

3

Common

utomobile Banking

$1.50 conv pref 25
Class A com
25

Amer Pneu Serv—*

11V

Allegheny Ludlum
Steel Co. com—.*
Allen Industries—1
Allen town Portland

2454

31

14"

_

24

120

"454

Stsl

Hamilton
100
Algoma Steel com
Preferred
100
8% pref-

7?£

7°%

(Sid). *
7 % preferred- 100

Boeing Airplane—5

115

Class B

Alexander

354

6% conv pref-.100
American Meter— *
American News Co *
Amer Optical
..*
Amer Piano class A*

88

100
Albert ue Stone of Va
Vot trust ctfs
5
Preferred

15

Bloomingdale Bros. *

Am Maize Prod—*

51

Albany Packing. 100

Inv

Per

km Mach 8c Met—*

56)4

Keduc'n com.. •

Ask

Bid

Par

Per share

Am Mfg Co com. 100

Airplane Mfg & Sup 1

Alexander Dept

Stocks

Ask

Bid

Par

Per share

Per

Air

Stocks

Ask

Bid

Par

STOCKS

MISCELLANEOUS

&

Quotation* for all securities are as near as possible for the closing

23"
51

8c

1
.50

Campbell (AS)
Campbell Wyant
Cannon Fdry

254
5254
654

Jan ad a Bread-...-*

58

15

1
8c
*

i554

754

2

8

.100

r

104

105

Class B pre!.. ..50

r

55

58

Preferred

JAN., 1940]

are as near as

1
■■

Stocks

poeslble for the closing iay of the month preceding the date of issue
••

—-

-

As*

Bid

Par

Stocks

Can

l> y

95

17#

Ale_5
Canada Forgings—
(it g

97#
17#

•
•

r

18

20

r

20

Canada Packers
*
Canada SS Lines..*
Preferred
100
Can Wire A Cab A.*
Class B
*
Canadian Bronze. .*
Preferred
100
Canadian Car A Fy *
Preferred
25
Canad Celanese
*

r

Class A

Class

B

Preferred..

100

r

16

r

58

64

r

17

19#

r.

r
r

44#
108

45

110#

14#

15

21

21#

r

r
r

29#
126#

30#
127#

Canadian Colonial

6#

1

Airways

Dock........*

32

Can Fair bank pf. 100
Canadian Foreign
Invest Corp
•

r

101

r

32#

11

10

3#

CI A voting
*
CI B non-voting.*
Can Locomotive...*

3
14

Capital City Prod.*

10

26 X
7
39

2

17#

50

52

5#
23#

Conde Nast

Congoleum-Nairn
Congress Cigar....

9

47

Cons Cigar Corp..*

50

30

2
19

3#

3#

9

7#
87
75

52
8

25

10

6X
16

12#

*

V t
V t

*13

V t

110

109

c
c

6

1#

5#
10c

Chic Elec Mfg A._*
Chicago Flex Shaft 5
Chic June Rys A Un

5#
14#
14

72

73

100

185

100

102#

Chicago Mail Order 5

11#

Chic Molded Prods 1

Chicago Nipple

5

Chic Pneu Tool

»

|3 conv pref

»

7

17

8

Chic & So Airlines.
Chic Towel com
Conv preferred..*
Chic Yellow Cab..*
Chickasha Cot O.10
Childs Co com
*
_

100

10

..5

Oin Un Stk Yds...*
Oinecolor Inc
..1

City Auto Stamp..*
City Ice A Fuel
*
0#%dum pf-.lOO
City A Sub Homes 10
City Stores
6
Clark Controller
1
Clark (DL) Co
•
Clark Equip Co...*
Preferred
..100
Claude Neon Lt
1

Clayton A Lambert *
Cleveland Graphite
1

14#

14#
35#
48#

17

17#

34

9#
70

4#
108
8
5

23#
2#
89#
12#
1#
5#
12#
94#
5#
3#
16

5#
31#
103
#
3#

8#
10#
5#
23#
3#

7

3#
23#
X
7

27#

Coronet

1#
5#
12#
96#
6#

5%

conv

pref..50

Oosmocolor Corp.. 1
Coty Inc com
1
Coty Internat'l
1
Courier Post pref 100

3#
18

31#
107
#

52#

57#

4#

Covered Wagon Co
$1.60 conv cl A.20

Cramp (Wm) A Sons
Ship
100

6

Without par value.




9#
13

#

1#
17

82

85

59#

Supply com
10
6% preferred
Derby O A Ref com *

62#

114

"2"

1#

*

Preferred

*

Class

B

3

3#
29#

*

Eaton

Mfg Co
4
Economy Groc Sts.*
Eddy Paper
...*
Edgewater Steel
*

17
15
67

16#

5% preferred
50
Educational Pict__l
Eisler Elec Corp
1
Eitingon Schild
*

49

1#

Electrical Steam
Sterilizer
1
Electric Auto-Lite.5
Electric Boat
3
Electric Households
Util Corp

20c

37#
14#

3#

Elec A Musical
Indus Am shs

75c

85c

#6
10#
16#

#6
10#

Elec Stor Battery..*
Elec Vacuum Clean*
Electro Bleach Gas.*

17

Electrol Tnc

1

com

1#

1

16

1#

1#
1#

21

22

20#

24

17

1#

1

12#
10
1
24
2

5% cum pref—.50
5% prior pref.100

25
37

Elk Horn Coal..
*
•1st preferred.. 100
2d preferred..100

3*
2#

Ely Walker D G..25

*

28

111

"6"

4#
80

85

33#

33#
42#
29#

41#
28#
109

*

17

17
27

3#
80

5#

Employers' Group

~8#

34#

38#

Emporium Capwell *

"I*"

Preferred w w.,50
Ems co Derrick
5

120

#

Differential Wheel. 1

92""

Emerson Drug..2X
Class B_.
2X
Preferred...
25
Emerson Elec Mfg.4
Preferred
4
Empire Sheet A
Tinplate
*

8#

100

18

1st preferred.. 100
2d preferred. .100

28#

11

Dictaphone Corp..*
Preferred

26

Electrolux Corp
1
Electromaster Inc.l
Elgin N Watch
15
ElJer Co com
*

21

21
104

100
10

com

17#

t c -.1

Common

1#

14

Gil

v

1#
28

Electrographic Corp

Dictograph Prod-.2

65""

173

6% preferred-.100
Easy Washing Mach
Common
...._*

50

6X% pf (w w) 100

116

9#
28#
166#

1

Eastman Kodak

40

Diamond Shoe

8

112

*

Edison Bros Stores_2

Associates

*

23

17#
40#
10#

180

28

1#
70

*2""

5

4

Endicott-Johnson.50

41

7

5% preferred.. 100
Equit Office Bldg..*
Esquire Inc
1
Eureka Pipe Line.50

109

5

Noc Mfg.
1
Discount Corp -.100
Distillers Co Ltd.£l
Distillers Oorp-

11

4#

8#

6#

Di

Dec. 23

1#
10

8

Voting trust ctfs—
Warrants

172#

1#

140

73

IH
7#

Dixie Home Stores.!

7#
#

7#|
Kj

k Last sale,

Eureka Vac Clean. 5
Evans Products
5
Ever Plastics Corp-5 wi
Ex-Oell-O Corp
3
Exch Buffet Corp—*
Ex Lax Mfg A

,

18#
77

1#
8

10

Exolon Co

*

11#

12

Faber Coe A Gregg

*

34#
26#
4#

35

Fafnir Bearing... 25

n

Nominal,

22#
3#
8#
2

238

29#

25#

Dixie-Vortex Co
Class A

26#

9

....

£ Called Jan. 25 1940 at $125 plus div.

14#

#
4#

'

IS*

Distillers Liquors..5
Divco-Twin Truck. 1

36

150

12#

Seagrams Ltd
•
5% pref w W—100

4#
1#

"2#

*

1
*

90

5

8#

Diamond Match... *
6% part pref
25

9#

Oourtaulds Ltd—
Am deprcts ord£l

83

Dexter Co com....6
Diamond Alkali..20

102

"

16

26

pref.

conv

....

23#

15#
4#

Diamond T Motor 2

Oorroon A Rey'ds.*
$6 conv A pref..* k
Oosden Petroleum .1

11

23#
25#

Preferred..
*
Dexdale Hosiery
Preferred
100

10

8#

5#
3#
21

Eastern Sugar Assoc
Common
1

7#
2#

12

Common..

26

64#

#

18#
29#

DeweyAAlmy Chem

"I""

5C*
35

Racing Assn..*

Eastern Roll Mill..5
Eastern Steamship.*

7#

8

6% preferred
8% preferred-.100
Dentists' (The)

2d preferred

16#

Phosph.lOO

East

Detroit Paper Prod 1
Detroit Steel Prod.*
Devoe A Reynolds—
Class A (non-vot) •
Common B__
*

28#

4

11#

Warrants
Eastern Footwear. 1
East Mall'ble Iron25

Detroit Harvester. 1
Detroit Mich Stove 1

7 X

51X

1

!6

17#

10

Foundry

94

#
9#
55#
8#
25

.

5% prior pref..20

20

De Mets Inc pref.'.*
Dennlson Mfg—
Class A
lo

1#

106

■

30#

100

Gilbert Corp
10
Dejay Stores
1
De Long Hook
and Eye.
100
Del Rayon A com. 15

12#

pref_20

Eastern Air Lines.
Eastern Corp com

$2

7% preferred...20

13#

Corning Glass Wk 10
Preferred
100
Corn Prod Refg—25
7 % preferred- .100

13

Preferred

1

1

conv

7c
65c

4#
17#

28#
7#
1#

1

2#
6#
12#

12

18

6% pref w w
20
Detroit Gray Iron A

42#
115#
7#
3#
23#

"u

32

13""

7#
X

35

Records

Oil

16#

1

A.

Devonian

*
100

$1.50

Detroit Aircraft
*
Det Gasket A Mfg.l

62**

Cornell-Dubilier
Elec Corp com__l

89#

36

42

110#

10

$4 preferred
*
Cooper Bessemer..*
$3 prior pref
*
Oopperweld Steel. .5
Conv 5% pref. .50

10

71#
5#

.

35#

1#
92#

Converse Rubber..*
Cook P't A Vara..*

110

10#

13

♦

39
22

100

*

com

Detachable Bit

13#

*

Cont Steel Corp
Preferred

Common

Preferred

#
4#
16#

A

Preferred

#

46#

$2.50 prior pref.
Chic Ry Equip
25
Chic Rivet A Mach 4

#

Mills B

15

Mills com
*
Davis Coal & Coke 50
Davison Chemical. 1
Warrants

2

3#
#

#
3#
16#

Cont'l Oil (Mex)
1
Cont'l Roll A Steel *
Preferred
100
Cont Screw com.. 10

12

20c

1#

A partic.-50
B partic
*

8% preferred-.100
Continental Can..20
$4.50 preferred..*
Cont Diam'd Fibre.fl
Continental Mot
1
Oont'l Oil (Del)...6

6#

14#
106
25

105#

1#
5#

3#
#
16#

Class B

*

''

Chem com....5

East Boston Co.. 10
East Dairies Ltd
*

Deisel-W tgnmer

7#

182

6% pref
25
7% pref
100
Durham Hosiery—

4#

9

_

89#

6#
3#
Dec. 20

96

90

10#
4#
16#

Decker(A)A Cohn 10

5#

c

Class

Silk

Dardelet Thr'alock *

Decca

7#

partic pref 50
Container Corp
20
Continental Baking

3

50

~6X
17 X

D'urez" "PTastfcs"A

10#

Darling Stores Corp

Deere A Co com...*

3

116#

6% cum deb. .100 #*126 78i
121#
$4.50 cum pref—*
10#
Duquesne Brewing.5

Eason

Corp 8%pfl00

Class

41

iSi*
ilH

Duplan Silk—
•
8% cum pref.. 100
DuPont (EI) deN

Dayton Rubber Mfg

2

Warrants.
5% pref v t C--100
Consumers Co of HI

36#

Bradstreet Corp.*
$6 preferred..
*
Dunhill lnternat1__

10

3

85

Consolidated Textile
Consolidation Coal
Common v t C. .25

103

34#
120

(Allen)

(R G)

60

9

38

8% preferred. .100 k

26

101

Mont

20#

*

4#

preferred.100

Oonsol Royal Oil. 10
Consolidated Steel

A

29#

82

.*

4

5

11#

Laboratories cl A.

Darby Petroleum. .5

pref

Hammer

Deep Rock Oil A Ref
7% preferred—100

Consolidated Oil
*
Cons Paper of Can.*
Consol Retail Sts.

4#

44

10#
29#

pref—100

cum

cum

1

Cons Lithograph..*
Cons Mach Tool uts

7%

Du

Dun

19#
4#

65#

80

31*
108

*

53

$8

Cutler

#
8#

Indus—1

$2 cum part pf.
Cons Laundries

6#
31#
2#
20#

•

-.1

6#% Prior pf.100
7% preferred .100
Cons Film

102

6% pref
100
Chapman Valve,

9#
29

$3 conv pref
Consol Biscuit

41

40

5

23#

Oonsol Oar Heat. 100

37

7#

6

28#
62#
2#

Oonsol Aircraft

2#

com

17#

pref..*
Pub..

t c ext—1

IX

12#

92#
6#

Bronze

Solvents..*

2

17

A Co common..20

43

5% conv pref-.25
Davenport Hosiery

*

.

1

com..

2#

6#
18#
93#

Compo Shoe

11#
3#

13X

114

6% pref
100
Duro-Test Corp
1
Duval Texas Sulph. *
Eagle Lock
25

7%
6#
18#
92#

IX
143

Dubilier Condenser 1
Duff Norton Mfg..*

Darco

3#

#

Century Rib Mills.*
7% preferred-.100
Certain-teed Prods .1
6% prior pref. 100

Preferred

$7 preferred
*
Ourtiss Wright Corpl
Class A...
.1
Gush man'8 Sons—

20#

9

Hosiery 6% pref 10
Chic Dally News
*

~2#

14#

4#
3#
5#

Board common

2X

14

8#

Preferred...

24

Comm'l

4

Chrysler Corp

42

24#
24#

$2 partic pref...*
Davega Sts Corp. 5

Oen Violetta Sug.19
Centrifugal Pipe
»

Co

24

19

82#

'

Dryden Paper

61

60.X

Stores com
.2 X
18X
18tf
Ouneo Press new..5
26#
26 X
6 X %pref€aTedl00 ni0# Dec
!
Curtis Lighting....*
2
3#
Curtis Mfg
7
5
6#
Curtis Publish
*
4
3#

23#

6

Preferred

83

v

2|*

20
13

100

■

It
21

conv

11

•

81

$2 50

81*

Cunningham Drug

*

Columbus AutoParts com

12

.100

Preferred

i*
7X

2#

5% Preferred .100
Oudahy Pack
50

3#
24

4

Mfg.5
Cherry-Bur Corp.
Chesebr'gh Mfg..25
Chesapeake Paper

4X
18X
„6X

23

11

Charts Corp
Checker Cab

6X

-9

Mach

.

it*

20

1

Chilton

2

IX

$2 preferred
*
Combustion Eng_.l

10

Stk Yds

9X

Cuban-Am Sug

6

.

1
X

21*
125

11#
5#

r

Preferred
100
Dresser Mfg com..*
Dri Steam Valve..5
Driver Harris Co.10
Preferred
100

90

80 X

Common..
.*
Vot tr ctfs com..*

*

Preferred

10

7% preferred-. 100
Cuban Atl Sugar..5
Cuban Tobacco
♦

_

71

Airport—*
Central American

Fibre

10

32

$2.75 conv pref--*
Colum Carbon v t c *

108X
108 %
10#

Central

Paper

7*

Cuba Co
*
Preferred
*
Cuban Am Mangan 2

Columbia Pictures—

2%

*

Chain Belt com....*
Chamberlin Metal
Weather Strip
5

84

10

Sys Inc class A 2 #

3

1

40#

83 X

25

Class B
2#
Columbia Mills.. 100
Columbia O A G
1

65

Cessna Aircraft

17
16X
89 X
40

*

r

Dow Chem com

IX
17 X
16X

6% preferred... 10

r

Conv prior pref. .'
*
5 % preferred. 100
Dow Drug........*

7X
27

37 X
1

•

common

Common

39 X
38

38

X
X
6X
7X

_

54 X
29 X

2

$2.25 pref w w__*
Preferred x-w
*
Crown Drug com 25c
Preferred
25
Crown Zellerbach., 6
$5 conv pref
*
Crucible Steel...100

Crystal Oil Ref

Stores..*

20#
123
149

r

Doran.*
Douglas Aircraft..*
Douglas (W L) Shoe

12

IX
7X
26X

Crown Cork Int A_*
Crown O'k A Seal.*

—

Columbia Baking. *
Preferred
•
Columbia
B'casting

20 X

Dominion

26#
34

40

r

~2X Doubleday

IX
10X

12

Ool Fuel A Iron
•
Warrants
....

6

26X

24X
109

*
Prior Preferred.50
Crown Central
Petroleum (Md)_5

33 X

110

Colt's Patent Fire
Arms Mfg
..25

6% cum pref—100

Cent Ir & Steel..100
Cent Ohio St Prod.l

105 X

Collyer Insulated

Colson Corp

Celluloid Corp...15
1st preferred
*

Plantations --.100
Central Cold Storage
Common
20
Cent Foundry com. 1
6% preferred- .100

*
100

18

Bdge.100

Preferred
100
Dominion Steel A
Coal B
25

7% preferred-.100

65

Dec.il

140

Ordinary snares..
6% conv pref

13 X

Celotex Co com—*

Associates

35 X
118

Dominion

Dominican Coal pf 25
Dominion Glass. 100

7

Crowley Milner

25#

100

Oil

Fields

X

lishing Co
Preferred

32X

100

36""-

Catalln Corp.
1
Caterpillar Tract..*
Oelanese Corp
*
7% prior pref.100
1st partic pref.100

5X

3

17 X
104

*

.

5#

18

32#

Do mnguez

22 X

3#
13#
18#

12

6#% pref

1

Ask

2#

5

Doehler Die Cast—*
Doid (Jacob) Pkg—

5#

6

Creole Petrol-.

♦
Orowell Collier Pub¬

35

•

common

31X

Dodge Cork
Dodge Mfg

32 X
22 X

2

Bid

Par

Per share

22

Croft Brewing
Oroslev Corp

35X

Stocks

53

21X

Cream of Wheat

2X

72

68

.♦

25#

Case Lockwood A
Brainard Co.. 100
Case Pomeroy
5
Castle (A M) Co—10

New common

34 X

116#
62 X
900
7X

Oockshutt Plow
*
Coleman Lamp A
Stove common..*

wire

IX

Carpel Corp
*
Carpenter steel
5
Carrier Corp
.1
Carter (J W>CO—:l
□asco Products—*
Case (JI) Co....100
7% preferred..100

Chester Pure

Coca-Cola Co

■52 X

pref

Colonial Beacon Oil *
Colon Development

64

1st preferred.. 100

Preferred

*

4X

*

c

$3.50

52

145

120

5% preferred..100

78

6% preferred.. 100
6% preferred.. 100
Carlb Syndicate.25c
Carman A Co A—*
Class B
*
Carnation Co
•

Champion

of Los Angeles

Collins Co

5#

*

Central Paper
Preferred

2%
35X
130#

*

1

Creamery Package.*

39#

20

15

6% preferred 100

96

(Philip)

V t

.

Peet

11

*

Eliminator

7

□rocker-Wheeler __*

48 X

_

25

com

Ask

Per share
23 X
23 X
103
105

5% conv pf
100
Creameries of Am—

45

Collins A Aikman.

Carborundum Co.

$7 preferred
Central Agulrre

Preferred
100
Clorex Chemical—•
Clover Val'y Lumber
Preferred A
100
Club Aluminum
Utensil com..-—*
Cluett Pea body.
7 % preferred. 100
Coca-Cola Bottling

Oolgate-Palmolive-

Carbon Monoxide

Carey

*
Olinchfleld Coal.100

39#
IX

Class A
_.*
Coca-Cola Intern. _*

Can Indus Alcohol—

9#
4X
17 X

17

5

of New York.—.*
r

A

8#
4X
6;

Climax Molyb¬
denum Co

of Cincinnati

Canadian Dredge

Crane Co

Cleveland Hobblng
Mach com...
4
Oleve Tractor—..*
Clev Un Stk Yds..*
Cliffs Corp com

23#
103 #
6#
-1ft#

103#
5#

Bid

Par

Per share

8

7#

r
r

Stocks

=

"

—

Ask

Bid

Par

Per share

Canada Cement. 100
Preferred
100

GO r*

& MISCELLANEOUS STOCKS

INDUSTRIAL
Quotations for all securities

r

com—

*

35
120

5

Canadian price,

t New stock,

x

Ex-dividend*

12#
10

82#

88

INDUSTRIAL &
Quotation* for >11 securities

are a» near as

MISCELLANEOUS

STOCKS

possible for the dosing day of the month preceding the date of issue
\

Stocks

Bid

Par

As,ft

Par

Stocks

N

Per share

Pair

3%
32%

(The) Chicago *

7% preferred—100
Fairbanks Co....25

3%
30%

$\

o4

39%
10%
4%

8% preferred. 100
Fairbanks Morse—*
Fatrchild Aviation 1
Fatrchlld Eng & Alrl
$6 conv pref
*
Fajardo Sugar....20
Falstaff Brewery--1

39%
10%
4%

Fanny F'mer Cand.*
Fansteel Metallurg *
Farnsworth Telev &
Radio
1
Fashion Park com.*
Preferred
.*
Fedders Mfg.
5
Federal Bake Shops*
Preferred.
30

*
Gen Bottlers com.l
General Box Corp.l
General Bronze.
5
General Cable.—— *

105

Class A.........

28

7% preferred--100
Gen Candy A.....5
Gen Cigar common *
7 % preferred- -100

7%

7%

1%

1%

r

23%
23%
11%

24%
23%

2%

2%

Gen Crude Oil._2
Gen Development 20
General Electric—*
General

12

2

4

10

5%

A

6

8
25

.

Warehouse—25
Machine &

33%

Federal Match units
Federal Motor Tr__*
Fed Screw Works. .1

-

4%% preferred 100
Federated Publica's*
Ferro Enamel.
1
F G Trading Corp—
Preferred
1
Flat Am dep rets—
Fidelio Brewery—-1
5th Ave Coach...25
Filene,s(Wm)Sons .*
Finance Co of Pal00
FincfrTelecQramUMr
cations com
1
Firestone Tire & Rub
Common.
—10

General

1%

85*
20^
18%

24"
80%

26°
132*
20^

15H
107

10%

Gen Theat Equip. _*
Gen Time Instru..*
6 % preferred. .100
Gen Tire & Rub—5

6%

15%
108%
11

Florence Stove.
*
Florsheim Shoe com*
Flour Mills of Amer
Preferred
*
Fohs Oil
*
Follansbee Bros—*
Preferred
.100
*
Folmer Graflex
Preferred
100
Food Devices..-.20c
Food Machinery.. 10

35%
24%

...

Genessee Brew A..1
Class B com
1

ll"
2%

10%
17%

Class B
*
Ford Motor France

1%
1%

Am dep rets..—
Foremost Dairies
*
Fort Pitt Brewing. 1
Foster Wheeler. .10

W4

1

Foreign shs A—*
Foundation Co
of Canada
*
Four Wheel Drive. 10
Fox Film class A—_*
Fox (Peter) Brew. .5

10%
4%

Preferred

$3 conv pref-..20

Garflnckel (J)

—1

6% conv pref. .25
Garlock Packing.—*
Gar Wood Indust—3

Gaylord Container. 5
5% conv pref..50
Accept ce Corp
-.5

preferr ed_20

Alloys Co.—*
Preferred
10
General Amer Oil of
Gen

17%

21^
105

3%
3%

20
28

4%
0%

47%
6

40%

Hall (W F) Print*g 10
Haloid Co.
5

1!■«

Hamilton

Watch--*

17

100

108

Hygrade Sylvan
*
6 Xs cow Pref
*
Ideal Cement.
100
Illinois Brick.....10
Imperial Chemical

50
com

A_ *

Gotham

*
10

Mfg

Grand

Raps

Vara.*
*

98
19

W*

Grant (W T) com.10

41

Graton & Knight-_*
Preftwed
100

5% preferred

uA

13

14

Non vot

14%

15

85

88

20

1st

81.80 prior pref..*
Gray Mfg Co
.10
com

28*

A'4
89
33

85 preferred

10%
99%

6%% prefw w 100
Hathaway Bak A..*

w*
27

Common...

6%
1%

8%
52%

W*
8

2%
17%

Brew5%% pref 25
Groc Store Prod-25c

Group No. 1 Oil...*
Group No. 2 Oil
1
57%

value,
t Called Jan.
Ex-dividend.

1

at

1|^.

8%

7% prior pref.100
Int Business Mach.*
Internat Button Hole

64

im

22%
91%

23

90

54%

57%

3%

A*

6% preferred. .100
Hershey Creamery. *

*88

%

"1%
14%
9%

102

100

01%

Hershey Chocolate. *

116

$4 conv pref
*
Hewitt Rubber....5
Hevden Chemical 10

12%
08%

7%
0%

Preferred
100
Hiawatha Oil 8c Gas
Common
5

2%
7%

10

36

12%

Hilton-Davis

3%
1

%
0%

Publishing pref..*
Harvester

Class B
.....*
Hoe (R) class A__10

46

Prior pref

65
21

Common
*
Hollander (A) & Son 5
—...

%

97

47%

A"

%

16

Holland

Furnace.10

33

34

Holophane Co
*
Preferred..
*
Holly Sugar
....*

Internat Indus
1
International Match
Realization
£1
Int Mercan Mar
*
Internat Metal Ind

22

45%
21%
9%

50

„

109%
131
26 %

7J% Preferred - -100

Holt (H) & Co A..*

24

"5"

Nickel"(Can).I*

4r*
27%
133%

3%

90

20%

5% preferred..100
Hotel Statler corn.*

28

1%
4%
33

13 X
31

2%
6

33%

Houdaille-Hershey—

25
2

.__*
*

Houdry Process
10
Houston Oil Field
Material

51
16
12

81.50

conv

1950

110

%

31%

33

J!*
74

13%

%

5

pref.20

17

5%
19
6

3%

k Last sale,

2%

\i'i

Interstate Air & Eng
Interstate Bakeries*

85 preferred

*

...

.1

7%

Ironer
10
Irving Air Chute—1
Irving (John) Shoe. 1
w

W..25

(Byron) see
Jacobs (F L) Co—1
Jarvis (W B) Co—.1
Jeannette Glass
*
Jefferson Electric..*

Jewel

Cereal

—

Tea

*

90

*

73

7 % preferred--100
Johnson Oil Ref—*
Johnson Tin Foil
4c Metal
100

132

4%

Jonas & Naumb'g2X
Jones & Laughlln
Steel common. 100
7% preferred-.100
Josiyn Mfg & Supp-5
Joy Mfg
1
Julian & Kokenge—*
Kahler Corp. ...100
Kalamazoo Stove 8c
Furnace com
10

34
66 %

fli
27

14X

14%

Kanawha & Hockin
Coal & Coke pf_.
Kane Carburetor

Preferred
Katz Drug com

Kaufman

9

47
5
14

t Called Feb. 10 at 835 plus div.

14

50%

*

K O Stk Yds Me. 100

5%
2%

Howe Scale com__ _*

2nd preferred
Hu bbeli (Harvey).5

14

17

1st preferred-.100

2%

Dec

16

1

com

Houston Oil (Tex)Vot tr ctfs—
25
Howard Aircraft—..

27

1750

Class A
Class B

33%

%

17%

Hotel Waldorf-Ast.l

140

30

V,*

Internat Prod
*
Internat Pulp
*
Preferred
100
Int Safety Razor B.*
Internat Salt
*
Internat Shoe
._*
Internat Silver...50
7 % preferred-. 100
Int Text Book
.*
Int Vitamin Corp-.l

Johns-Manville

3%
44%

33%

Coupon shares..*
Registered shs
*

Jersey

90

86
13

13%

5!H

30%
133

Jefferson Lake OilK
Preferred
10
Jenkins Bros.
25

8

7

128%

8%
Nov. 30

Internat Petroleum

Preferred

no

86

55
21

40%
10%
11%

12%

Chemical com. 100
Preferred
M00
Horder's Inc com—*
Hormel 4c Co com—*

50
18

pref—100

kU%

1%
23

Jackson

1%
6%
33%
13%

17

9%

Power com.. 15
conv

8%

♦

Warrants..

24

Honolulu Oil
Hooker Electro

110
132

A

1%

1%
01%
166

Ironrite

30

12%
102^8

60 X
164

Intertype Corp
*
Iron Fireman vtc..*

18

100
51

7

33
23 %
4

25
5

•

7% preferred. .100

Equipment.

fJ*

7% preferred

1%
30%
186

Interstate Hosiery—
Mills com..
*

19
26

10

%

13

preferred. .5
Hinde& Dauch.._10
$5 conv pref.-lOO
Hires (O E) Co A..*

14%

4%

11 n

interstate Dept St's*
7 % preferred. .100
Interstate Home—<

45

18H

81 %

II*
109%

15

Chem

..1

ill*

41%
21%

15%
89%

_

Hibbard
Spencer
Bart & Co com.25
Hickock Oil cl A
1

69

68

52*

Hercules Cement
Hercules Motors.
*
Hercules Powder_.*

20%

,-

12%

6

Preferred

328

116

21

7% cum pref.. 100
International
Paper

Heywood-Wakefield
Common.
..25

92

32
.

41%

Cellucotton..*
•
Internat Educational

5%

Preferred

1

Int'l

Int

—1
_

6

5%
2%

1

80%
43%
108%
4%
11%
1%
35%
185%

Hendey Mach ....*

105
2%
1%
10%
37%
9%
4%

14%

150 %

nlooo

1

Great Nor Pap

i*

i5o*

Parts Corp com.3
Helena Rub stein..*

Royalties

2

Steel..
*
Interchemical Corp *

Hendrick Ranch

26
9

1%
13%
5%
5%

6% preferred-.100

.

Inr

7 % class A pref.25
Hecker Prod com..1
Helleman Brewing. 1
Heln-Werner Motor

Oil.

*

Sewing Mach.. 10

__5

6% conv pref..50

10

20

Ingersoll Rand

9

18

Int Cigar Mach

29%

Hearst Consol Pub

Helvetia

OTlstpref:::--rio
Industrial Rayon..*

113

*
Stores

Hazeltine Corp

Common...

0%
47%

*

.

~3%

Prior preferred..5
Horn Hard't(NY).*

14

8

Hazel-Atlas Glass.25

Dept

17

5

83 pref

6% preferred—100

1
.*

Hearns

Common.

Inter cont Rubber. _*
Interlake Iron
*
Int. Agricultural..*

2

Horn (AC) com.—1

P

75c

..*

45
5

8%

-

Inland

3

1

87 preferred
Hayes Body
Hayes Indus
Haytian Corp

22

50

9f*

87 conv pref..—*
Hawley Pulp 8c Pap

39%

12

7%

*

Class B

Motocycle. *
Preferred
10
Indiana Gas 8c Chem

24%
25%

—...

Hat Corp class A..1
Class B n-v
1

22

Indian

Oil non-vot A—.1
Class B
1
Indus Accep Corp—
Cum pref—
JT00
Indus Brown Hoist—

Mfg.....5

Haskeli te

23
24

Pneum
*

Indiana Steel Prod.l
Indian Terr Ilium

Barvill Aircraft

4%
4%

Am dep rets ord £1

Independent

Indiana Pipe Line 10
Indian Refining. .10

"—Diecasting-^--12%

108

12%

11%

Uartman Tob
*
Harvard Brewing.. 1

15
6

18

26*

12477*

HarhischfegerCorplO
Hart & Oooley
25

37%

25
Great West Sugar..*
7% preferred- -100
Greenfld T'p & Die*
86 preferred-.100
81.60 preferred
*
Green (H L) Co
1
Greif (L) & Bros...*
Greyhound Corp..*

135
10

100

Great Lakes Pap pf-

(Ohio).*

21%

26%

*

Great Lakes SS
_*
Great Lakes Term

45

171%

*

5

18*
69

103

49

4%
12%

*

preferred.. 100
Great Lakes Dredge

W'house

9%

preferred. .100

Potter com

Gt Atl & Pac Tea

& Dock com

102
16
63

6%

Harrisburg Steel
Harris Seybold

Oct. 27

6

Brit & Irel'd

Tool....

Harshaw

38
76
10
110

m

3%

£1 k

12%

of G

103 %

1%

Chemical.
Barblson-Walker
Refractories com *

27%

of Canada com..5

Candy.*

3

Granite City Steel.*

3%
2%

Happiness

29

109 *

imperial Tobacco

Harlow Aircraft

128

20%

an

11%
12%

27"

*
*

85 cum pref

128%

10%

11%
11%

25

..50

Preferred
Hanna (M A)

Common

Grand UnionCorn div certifs

3%
2%
3%
15%

5

Hanley (James)

119

8*

imperial Oil Ltd—.*
Registered shs...*
imperial Tobacco

'44

2%

Graham-Paige Mot 1
Grand Nat Films.. 1

26

103

..50

Preferred

12

7%

.5

Indus rets

29 X

Preferred100
Hammond Instruml

20%

Silk

Ex-div certifs—*
Granite City Pig
Iron common-10c

39

48"

$6 preferred

Hammermill PaperCommon
10

7% non-cum pf100

12%

r

15%
14%

Common

Mfg—
Cl A pref part..10

8

88

7*
7

0% conv pref..25
Hygrade Foo 1 Prod5

14%

75

2%

1

.....

3

n&X
70

8
98

u*

5%
---.

Huylers Inc—

7% pref unstpd 100
7% prefstmpd 100
Hydraulic Press Mfg

5

& Alabaster Ltd.*

Jh

07

5%
1%
11%

Hussmann-Ligonier *
Common

Class A........*
Helme (G W)
25

24

5%
65

6% preferred_._20
Hupp Motor
-.1

15
6

84

Preferred

25

1%
39%

1

Corp....25
Gypsum Lime

17%
38%

19%

Canada

2%

Gulf Oil

50%
9%
0%
16H
37%

10

F)_
*
85 preferred
..*
Goodyear'Tire &
Rubber com
85 conv pref
*
Goodyear T & R of

16

Preferred
...100
Hall Lamp new
5

7

8

Hudson Mot Car._*
Humble Oil& Ref._*
Hummel-Ross Fibre
Common.
5
Hunter Steel com..*
...

Engineering com 1
Sng__*
8% preferred--100

Ask

Per share

2%

30%
0%

6

38

Bid

Par

Hajoca Corp......*

1%

11%

Stocks

Ask

4%
17%

Guantanamo

1%

*

9

50%




%*
82 X

36

_

General American
Transportation. -5

x

T

*

k

stock,

88
32 %

*

Hosiery com..—*
7 % preferred. 100

Texns common. .5
Preferred
10

Without par

.18

Gorton-Pew Fish

Gen

A...

%

Preferred
50
Golden State Co
*
Good Humor Corp 1

& Co

Common

105

Gossard (H W)

55c.

$6 conv pref
*
Gardner-Denver— *

9%

*

Goldbiatt Bros

25

Gulfboard Oil

53%
11%
13%
113%
5%

95%

34

45c

83 Preferred
10
Galveston Houston*
Gamewell Co
*
$6 conv pref....*
Gannett Co Inc—

,

93

22%
33%

Fuhrman A Schmidt

Gabriel Co cl A—*

100

A*
33*

28

Gair (Robert) com.l

*
I

Preferred
Goebel Brewing
GOlconda Petrol

83 preferred

Partic conv pref 15
iTler..]
Fruehauf Tra.

1
$3 convertible—*
4% conv pref. 100
Fuller Mfg com
1

--*

Gobel (Adolf) Co—1
Godchaux Sugar
Class A
f *
Class B
*

Gorham

10%
17%
28 M

-.100

*

Globe Wernicke—

1%

10 %

Preferred

—*

4 % %conv pref 50

100

Fuller (G A) CoCommon..

Bros

86 preferred

Gleaner Harvester.*

Investing..*

Brewing com
1
Fuller Brush com..5

67:::::!

Gorham Inc

Froedtert Grain &
Malt common—1

*

Gilchrist Co
Gillette Saf Razor.*

5%

Freeport Sulphur. 10

i New

--*

w

F-R Publishing
*
Francisco Sugar.—*
Franklin Co Coal—
Preferred
10
Franklin Process—
Franklin Ry Sup..*

~

23

120

19%

Goodrich (B

A*

*

Conv

Gibson Art

Giddings 8c Lewis..2
(A O).
♦
Preferred
—*

3%

Class A..—... *

Class

50

Glen Alden Coal—*
Glidden Co
*

&

Preferred
100
Foote Burt com—*
Ford Motor Ltd—
Am dep rets ord—
Ford Mot of Can—

_

Preferred

Gimbel

1%
34%

47%

Giant Portland—
Cement com
.50

Gilmer (L

4%s conv pref.100

Preferred

pref A100

14

Mach com....—5

French

cum

Gilbert

5%
5%
2%

\iH

Georgian (The) Inc—
8% class A pref.20

62

$7 conv pref

1%
3%
11%

Hamilton

1

General Shoe.

Steel Casting.*
18 cdiiv pref--—r*

*

Foundation Co

*

1

Preferred
Warrants

-

14%

71

1

Gen

Fla Portld Oem uts.

Gear

5%
5%
40%

37

_

6 % preferred- _ 100
Gen Refractories..*

137

FitzSimons &Connell

Bros

113

♦

A

Gen Ry Signal
29

■46K

Foote

10%
18 %

Bid

Grumman Aircraft

4

rjloao

10

7%
83

.

52

»*

SO preferred..—.*
Gen Rayon A stk—*

45

D & D com...—*

%%

6% preferred--100

50

Fishman (M H)

Preferred—

*

General Print Ink-

First Nat Stores—*

Flintkote Co com.

-

Mills

Common

il*

lSH

Flak Rubber Corp.l
6 % preferred- -100

I

6% cum pref-.100 t 115
128%
5% preferred-100
General Motors.. 10
54%
125%
5 5 preferred
12
Gen Optical pref —*
Gen Outdoor Adv't'g

h

%
4%
1%

104

*

4%

117

6

6% pref ser A. 100

..

Gruen Watch

7%

*
Machinery
*
4%% preferred 100

tf.S4,,50 preferred-

Warrants

Federated Dept Sts *

79
145
5

108

35

Federal

Welder com ......

75
138

7 % preferred. . 100
Gen Foods Corp—*
Gen

Par

Per share

General Finance—
See Investing Cos.
Gen Fire Exting
*
Gen Fireproofing. *

Stocks

Per share

Ltd—

Elec

Am dep rots reg £1

\

Ask

...

27

Federal Compress
8c

$S 1st pref

155

1

0%convpref

Famine Corp—.50c
Class A
—2
Famous Players
Can Co p com-.l

GenAniline&FilmA *
General Baking...5

Bid

Dept

New common

100

1
St's
1

5% conv pref.100

14%
93

15

100

15

e Ex-payment,

n Nominal,

r Canadian price.

JAN., 1949]

INDUSTRIAL
Quotations for all securities

MISCELLANEOUS

&

89

STOCKS

possible for the closing day of the month preceding the date of Issue

are as near as

7*

Stocks

Par

Bid

Ask

Stocks

Par

Bid

Par share

Kaynee

10
100

Preferred

14

14 X

Kefth-Albee-Orph—
7%

93

pre^ 100
Keith (Geo E) Co—
7% preferred--100

95

22

24

1

22 k

2154
854
9854

nx
7X

$1,25convpref_-*

11X

2I*

19
6
16

Lamp A
♦
Kensico Cem Assn..
Kerlyn Oil cl A
5
Key Co common. _*

4

4^

38

2%

254
5k

*

"I'k

1

*

_

354

4?*

37

wire common...*

13 X

14

37 X

3834

111

8

1

lk
2X
2534

$5 prior pref
*
Kir by Lumber-_100

Corp.

JL

-.-434
UH

"Klein (D E) Co7.
*
Kleinert Rubber.. 10
Knott
-

_

Corp

m

1

Kobacker Stores

*

7

7 % preferred. 100
Koppers Co 6%pfl00
Kresge Dept Stores 1
4% preferred. .100
Kresge (S S) Co.. 10
Kress (8 B)
Special pref
10
Kreuger (G) Brew.l
Kroger Grocery &
Baking common.*
Kysor Heater
1

2X

—534
13X
10X
7k
UX

3k
47 X
2454
2834

8434
4k
60

Lambert Co
Lanatin Corp

Mack Trucks Inc..*
MacMillan Co
*
Mac Wbyte-Co

8% preferred.. 100
Macy (R H) Co Inc *
Mad Sq Garden...*
Magazine Repeater
Razor com_..
1
Preferred

*

r

25

27 X

Tnc.

16

X

1

29 X
80

10 k

15

Jk
4

i6k
9k
42 X
4X

Mansfield Tire &
Rubber com

100
*

.*

30

IX
X

%

14
5
3

Lee Rub & Tire

335

3%

36

1!

k

16
6

3k

Conv pref

*

4% conv pref. 100
Lehigb Valle* Coal *
6% cum conv pf 50
Lehigh & W likesBarre Corp
*
Lehn & Fink Prod.5

ifi^
1

3X

12X

79

1

634
X

Le Tourneau (R G) 1

34 X

-

Lig & Myers Tob.25
25

^preferred.. 100

51X
k
3X
6X
41

28 X
80 X

754
lk
35k
lk
52X

Ps

105X
106 k

106 k
107 x

176

17834

25

26

Lincoln Service.. 100

18 k
45

20

10

3X
3%
2

4

*

9Vs
9k
39 X

..10

7k

5

*

Lion Oil

Refg
*
Lipton (Thomas J)—
1

25

*No par value,

9

28

3X
4X

jx

Math'son Alkali
7 % preferred-

*

100
May Dept Stores .10
_

Maytag Co
*
1st $6 pref
,_*
$3 cum pf w w ._*
McCahan Sugar
Refining pref. .100
McCall Corp.
*
McColl-Frontenac

15X
10

14X

}*
26 h

5X
8k
IX
46 k

41

T
36
106
4

35

i"

26

109
5

Cum pref ser B..*

48

Montgomery Ward *

2X

*

19

20

30

30X

98

part pref

53%
4

*

Moore Corp com..*
Preferred A
100

100

Preferred B

1154

SfS

_

97

163
10 k
30

2.10

100

165X

4X
8k

454
854

254

3034
2.30
5

110
118

Newberry (J J) Co.*
5% preferred.. 100

120

New

55 X

30

•

21

21

1034

11

16

1954

90

44 X

13 k

J*

1654

5P

Nominal,

"54

136

4

1

4X

pref
*
Munsingwear Inc..*
Munson SS pref A.*

35 k
11

454
3754
1154

16

18

Mullins Mfg Corp—

2

354
254

%
ilU
5
....

83
5
6

33""

9

t

*

11

9

New Hav Cl com..*
New Idea com
_*

12

Textile

554

7

1254

Companies

Arizona

Land

*

154
1254

.1

New Process Co
N Y Auction.

*

28

*

*

154
4954
354
6 54
7 54

$5

non-cum

*

pf— *

N Y Merchandise. 10
N Y Shipbuilding.. 1

1254

Founders shares. I

7% pref
N Y Transit

Nicholson File
1900 Class B

1154
92 54
554
2954
854
63 54
31
454
25 54
354

100
5
*

1

69

5
1

Noma Elec Corp
N orth Amer A via. .1
North Amer Car..20

$6 preferred

*

7054

Class A pref
1
Class B pref
1
No Am Refractories

334
34

10954
5k
10 54

Noblitt-Sparks

North Amer Cement
Common
1

Class
6

1054

A

*

Class

B

•

*

654 % preferredlOO

54
454
654
254
54
18

North Central
15
9

1654
954

No

North German

100

price.

47 X

Lime

254

78

80

.-*

2154
254
2254

2354
254

Muskegon Motor

Canadian

13

7
HO
31

Niles-Bement-Pond *

2554

r

934
39

4054
11154

4054

N Y Air Brake
N Y Dock

140

25 54

conv

.

England

units

Newport Indus

*

Texas Oil

(New stock.

25

5

European Oil-.l k
Lloyd I

Amer

1
pref. .25

11

New Mexico &

254
1254
1554
554

8%

n

55*

1154
1554
554

Spec cl A
Mutual System

60

N J Worsted—See

95

Preferred

|

27

110

5
100

common

New Britain Mach. *
7 % preferred. 100
New

2734
4454
18154

aS*

67

Cord¬

Preferred

28
26

Bedford

age

"254

2

2454

Murphy (G O)
*
5% preferred.. 100
Murray Corp
10
Murray-Ohio Mfg.*
Muskegon Piston
Ring com
2.50
Muskogee Co
*

_

10834

354
2354

100

1

conv pfd 100
(Herman)..5
Neptune Meter A. *
8% preferred.. 100

11754
5554
16054

91

Murphy Varnish 100

Nazareth Cement .10
Preferred
100
Nebel (Oscar) pref.*
Nehl Corp com
*

116

Conv preferred. _*

"C" units..

1154
4
90
154
6654
2454
78
454
5 54
80
54

Nestle-Le Mur cl A ♦

83

conv

*
*

42

Machinery. .100
Mortbon Corp A..1
Motor Finance com«p

Mueller Brass Co._l

Co

454%

2

4^

&

New preferred

1

Neisner Bros

254

Morse Twist DrilJ

Motor Improvem'tl
Motor Products
*
M0t Wheel Corp. .5
Mountain ITod
10
Moxie Co class A
*

3 54
154
93s
54
954

*

Nelson

100

,,5% conv pf A.100

Preferred

5

19

fcLast sale,

.

9154

Merchants & Miners

_

554
2754
%

9054

61 k

.

%

Sc Co Ltd......10

70

_

554
27

_

Navarro Oil

14X

57

.

Natomas

14 k

60

Transportation- *
Merchants Refrig__*
Preferred
100

8

28

4454

$7

Proper.5

18

2I*

common.

12.50
Nat Union Radio.. 1

4354

8

*

.

Nat Transit

Moore (Tom) Dist.l
Moore Drop For A.*

Class B

Mercantile Stores..*
lYeferred
100

21

Morrell(John) & Co*
Morris (Philip)

1554

10

25

National Tool

55

8X

100

Supply—

Nat Tea

110

26 k

100
8

$6 preferred
Nat Standard

554 % pr pref__100
10-year $2 pref. 40
6% prior pref. 100

11

1054
105

50

8X
Uk

t Called Jan. 2 at 105.

32c

10X

25 k

38

.

JX
22c

Moody's Invest Serv

161X
52 X
3k

8X
10 k

Mercantile

ux

Class A

Monticello Tobac.. 1
Monumental'Radio 1

36 k

10

12k

100

Monroe Chemical..*
Preferred
__*
Monsanto Chem
10
$4.50 pf ser A
*

8k
37 k

McQuay NorrisMfg*

40

Nat Shirt Sh Del..*

2154

Judson—

McWilliams Dredge*
Mead Corp com
*
$6 preferred serA*
$5.50 pf ser Bww*

Mengel Co
.1
5% conv 1st pf.50

10X
17 k

5

WA
40 X

*

.

_

23 X

Sts com.l

iiH

i8oM

50
854
38
1254
42

54

454

7 % preferred
100
Nat Supply (Pa).. 10

Monolith Portland
Midwest pref. .10

3k
18 k
9X

52

5

National

Monolith Portl Cem
Common
*
Preferred
10

11

*

37

74

4 54

Modine Mfg com_ *
Mohawk
Carpet. .20
Mohawk Rubber. _*

3

2X
16 X

com

----

354

1

common

2834
4354

10 k

Mead Johnson

3454

72

Moloney Electric A*

.10

pref. 100

Nat Rub Mach

7154
10 54

Preferred

lk

McKesson-Robb'ns 5

conv

554

2

10

Refining com..*
prior pref
.*
8% cum pref.. 100

Nat Steel Car Ltd.*

Voehringer.Co2.50

47

2

6%

454
654
3

com

Radiator

Nat

Nat Steel Corp
Nat Sugar Refg

Mock

9

113
25

*

2154

Pressure

3

Class B
1
Mo Portl Cement.25

k

lk

pref

4X

1854

National

11

5k

106$
27 k

conv

354

1

6

2054

common^.
25
commonly. 2 5
Miss
Valley Barge

15X
IX
9X

2

8X

$3

954

Mississippi k3 lass—

15k
10X

23

96 X
7

com

A*

42

954

Molybdenum Corp 1

Preferred..
100
McCord Rad cl A..*
Class B._
-__*

McGraw Electric. .1
McGraw-Hill Pub.*

45"

100

Cooker

57k

Missouri Kansas

*

McOrory Stores
1
Conv 6% pref. 100

108

A*

Monarch Mach T'l *

100
1
Master Tire & Rub*
Preferred
*

4954

40

Monogram Pictures 1

Preferred
Master Electric

43

"-26"54
334

5% preferred.. 100

1

1834

5% A conv pf.100
Massey-IIarris.
*

53

Paper & Type—

Common

4854

Dry Corp.l

16

Martin Parry Corp *
Masonite Corp
*

2034
172

8

Mission

Mission Oil

15X
2k
26 X
42 k

*

1254
93

B

7

IX

.

15

Preferred
100
Marlin Rockwell.. 1
Marshall Field & Co*

A*

454
454
60
26
51

10

Preferred
10
Melville Shoe new.*
Menasco Mfg
1

12 h




1

13$
11

143
60
95
7—

" 2654
3

Nat

102

Machine

McLellan

Nat

10 k

100
Calculat

Marchant

Plate

17 k
27 X

preferred .50

Preferred

15

25

Power Implem 1
.5.50 cum pref..*
Mission Corp
10

4

McKeesport Tin

Lily Tulip Cup..-.*
Lima Locom Wks. *
Lincoln Bldg vt c
Lincoln Mtge
1
Lincoln Printing— •
$3.50 preferr xl_.*

Lindsay Lt&Ohem 10

Preferred
100
Maracaibo Oil Exp. 1
Marathon Paper..25

Oil Co

28

Preferred. .v
100
Lib McNeil & Lib.*
Life Savers Cor p.-5

13
12 X

*

Ley (Fred T) & Oo.l
Libbey-Owens-Ford *
Liberty Baking-—.*

7

2X
22 k
U4X
IX
3X

23

434 % pref—.100
Le Roi Co com
10
Inc

34"
1

6

2k

Leland Electric
*
Leonard Oil Devel 25
Stores

~4X

80

Lefcourt Rlty Corp 1

10»i

•

_ _

57

63s
2434

_

Nat Mfrs & Stores..*

107

1054

A

3\*

10

Marion St Shov

2454

Leh Coal & Nav—*
Leh Portl Cement.25

Preferred...

6% prefer ed_100
Nat"Lock Washer_20
Nation! Malleable &
Steel Castings
*

Minneapolis-Moline
9k

12

115s
91
20
167

100
6% pref B
100
Nat Licorice com 100

2

Minn Min <te Mfg._*

7

1254
1654
11654

1054
354

20

Milton

27 X

1354
1054

lit*

1234
154

Fireproofing. .5

334

8% preferred
50
Bradley pflOO
Brewing
1
Minneap-Honeywell
Regulator
*
4% pref 8e- B.100

2254
175

Nat Food Products

Minn

UX

60

13
954

2354

5 34 % preferred
*
Nat Oil Products..4

Pipe Line A

Marshall Wells pref.
Martin (Glen L)_._l

Preferred
.*
Lebanon Steel & Ir.l
Lee Hardware
-.5

Conv preferred..*

Line

*

*

Nat Dist Prod
*
Nat Enam & Stpg_*

7% pref A

3.40

1

Miller (T1 Sons com 5

*

Margay Oil Corp..*

6% preferred--100
Lawrence Portland
-

754

*

Mapes Cons Mfg..*
Maple Leaf Mill
*

5

i*
9X

7

Midwest Oil
10
Midwest Piping &

Ilk
10

Inc..*

6 Co common

4

7% pref class A100
7% pref class B100

Class B
1
Nat Fuel Gas
*
Natl Gypsum com.l
.50 conv pref. _*
National Lead...10

1

27 X
25

Manning Bowman

135

3%

4X
36

iVi
40

1554
954
9 54
1254
1654
11554
11254
65fc
6

(Del) 1

Nat Dept Stores

Nat

1054

98

*

Class A

$2 n-c div shares. *
Midvale Co
*

12

*

125

%

Mid-West A bras. 50c

29

$5 conv pref
Manh-Dearborn

2654

454
%

4k

100

Midwest Refin
29M MiLleF&Hart—

45

26 k

States Pet—

454
654

3754

*

6% preferred—10

11654
1754
113X

&

Shirt_25
Manischewitz
*

15X

—Supply common.* -1m

Television com_.l

Bros

1554

_

11"

54

*
Mfg..1

Nat Container

1554

8 54

2254
165

Preferred $7
Nat. Cash Reg

554

354

"2k

(R C)—
$2 preferred
Mahoning Invest 100
Radio

4k

20

103

14 54

1

Nat Cylinder Gas._1
Nat Dairy Prod
*

3X

8% 1st pref

X

il*
g*

151

52

10

Nat Casket com

Nat Chem &

Products com.*

134X

1834

38

6% preferred

*

133

Nat Bellas-Hess
Nat Biscuit

Aluminum Fdy..*
National Candy—*

1

35

._*

15c

8*'

Class A vtc
1 t
Class B vtc
1 t
Midland Oil Corp—
$2 conv pref
*
Midland Steel

26X

42

50

Class A

Pub—*

Preferred

£

,54

com

pref. .10
Battery—

conv

"554

4X

Yi

Middle

JX

25

5k

1
Lanston Monotype
Machine Co.. 100
La Salle Ext Uniy
5
Lautaro Nitrate A_1
Lawbeck Corp—

Link-Belt Co

Macfadden

130

1

_

34 k

50
16
1054
434
654

-1

.

7% preferred..100
National Bronze &

Midcontin't Airlines
Mid-Cont Petrol
10

4X
6X2

lk

Airpl_50c

Lynch Corp
5
MacAnd & Forbes 10
6% preferred-. 100
Macfadden Newsp.*

Manufac's Trading 1

*

Lionel Corp
Lion Match

Luscombe

120

Tube.234

Products

100

1

X

Bakeries class A.

Prior

oO

100

Mandel

15X

Class B

Preferred
Line Material

3X
4X

20

Mangel Stores

28 X
6

1

Co

B

pref

n-c

6%

National

Mickelberry's Food

26
2

6h
20

5X

Langendorf United

7

1

_

_*

.7% preferred...

Common

24

28 5i

12 k

Landers, Frary &

Lesstngs

pf. 100

conv

234
4154

38
112

__1
-.1

Gas & Oil

Mich Steel

40c

Manhattan

Preferred
100
Lakey Fdy & Mach 1

Lerner

IX
11X

54
2954

Preferred

Michigan Sugar...*
Preferred..
10

24 k
156X
lk
12X

3Ps

29

534

* r

Leath & Co com

Mich

Fi bres common

2854

Mich Steel Cast

Major Marketing-.1
Mai lory (PR)
»
Manati Sugar com 1
Option warrants.

12

1

Milling

Mich Bumper
Mich Chemical

112

23 X
154

Mvers (FE)& Bros.*
Myles Standish vtc*
Nachman Springf..*
Narragansett Rac'g 1

16

Mexico-Ohio Oil
*
Mexican Petrol—1

110

Dec

65

Metrop Playhouse.*

17k

20c

Majestic

24X

Lake of the Woods

r?ement
Lea Fabrics

2nd preferred-.100
(P)
10
7% preferred-.100
Loudon Packing—*
Louisiana Ice & El.l
Lorillard

4X
k

100

50
17
109
160
102

Mahon

82 k

50

Lago Petroleum

60
—

65

_

Laclede Steel

26

50

—2K\

1

Kirkham Engine &

IP

1

Kinney (G R) Inc_-1

.JKirby. Petrol

9%

8

Kinner Motors.___1

Preferred
Lanova Corp

Bis..25

634% Pref

Nov 28

_.l

W eils

Wiles

1454

*

com

Preferred..

$5 preferred—100
Long west Corp
*
Loose

Lukens Steel

King Seeley com__l
Kingston Products. 1

Lane

S*

*

45

Nast (Conde) see O
Vat Acme Co
1
National Automotive

654% pref A100

Ask

Per share

17

Metal Textile Corp
Common
25c
Partic pref'ence.15
Metal & Thermit..*

Lunkenheimer Co—

*
100

Kingsbury Brew

Clark
Lane Bryant

18X
46 k

5%

..16 2-3

Mfg

1834
45 54

43

Messer Oil Corp...*
Mesabi Iron
1
Mesta Machine
5

m

14 k

cum

Bid

Nash-Kelvinator ..5

,

3
107
16

106 X

6X%

Keystone Watch

King Oil..

—

pref..*

$6.50

Par

50

Scott

sH

Ludlow Valve com.*

Preferred

Preferred

13

Stocks

Merritt, Chapman &

26 X

Louisiana Oil Refg.*

Keystone Steel &

Case

Preferred

Loew's Bos Thea.25
Loft Inc
*

1st preferred.-100

com.

38

31-54
6X
35X

Ask

6% preferred.. 100
Mergenth'ler Lino.*
Merrimac Hat
..*

IX

28

Locomotive Firebox*
Loew's Inc. com
1

5% preferred-. 100
Lord & Taylor..100

Ken-Rad Tube &

Class A

Merck & Co com..)

it*

*

Common

1

Kimberly-Clark

100

Long Bell Lum A--*

Kelsey-Hayes Wheel
1

Bid

Per share

Lone Star Cement.*

8X2

154

Kendall Refining-10
Kennedys Inc. -.5

Pari

Stocks

15X
„

si*

Locke Steel Chain.5
Lockheed Air Oraft-1

IX

»

Kellogg8witch & S
5% cony pref_100
Kelly Springfield
Tire common
5

Keyes Fibre

4,

*

Class B

20

ConvclassA
Class B__

Brothers

Loblaw Groc Ltd A*

Keller Dorian

Kellett Autogiro
Kellogg (Jo

Lit

Preferred

cony

Colorfilm

15

Liquid Carbonic—*

Liquidometer Corp 1

Kayser (Jul) & Co_5

Ask

Per share

shares

254

354

%

Nov 24

34

Quotations for all securities are as near as
Ask

Bid

Stocks

Penn Vy Crude
Class A

6k

6

21""

Peoples Drug Stores*

34

36

.._*

225

*
1

27

13

14

Pepsi-Cola..

N'west

16K

nv,

Perfect Circle

50

53

Yeast—100
NorwalkTire& Rub*
7% preferred
60
Norw Pharmacal.2 %
-Novadel Agene——*
Niwrzema Ohem..

N'west

.

40 k

20%

Ohio Oil

♦

19

11%

6K,
98 %

6% preferred--100
Ohio Rubber

22

&

«._*

Ohio Match

B0

7%

Ohio Seamless Tube*

7% preferred100

80

Oil Exploration
1
Okonite common 100

1

105
82
1%
20
7

6% preferred-.100
Oldetyme Distillers 1
Oliver Farm Equip.*
Omar Inc

1

70
17 H

6 % preferred
100
Oneida Ltd coml2H
Preferred
25
Ontario Mfg com.
_

_

29k
12 %
5%

Oppenheim Collins.*
Oshkosh B'Gosh
Conv

6%
98 M

110

*

*

preferred..*

O'Sullivan Rubber. 1

2%

.

_

.

.

.

17 k
139^

51%

*7% preferred.-100

116k
60^

17k
147 %

27
55
120
61

37"

35
5

5k

1

Pacific Aviation

1%
5k
22%
75%

i7A

$4 preferred
*
$6 preferred
*
Phila Insul Wire—*
Phil & Read O & I-*
Phila Record com.*
Preferred
100

74%
-16

%

II"

12%

Pac Coast Cement—
Common

5k

5

3%
25 k

2k

lk
4%

lk
10%

Am shs.500 lire—- II46
7k
Pitpey-Bowes Post
1%
Pittsburgh Brewing *
30
Preferred
-_*
5
Pitts Coal (Pa)-.100
24
6% preferred--100
8
Pitts Coke & Iron..*

-49%.
7k

.

31
5k

25

8,a

70

1

Pgh Metallurgical 10
Pfttsg PI Glass—25

72

11%
10 k

7%

Pitts Screw & Bolt.*

10

Preferred

,SH
37

31

18%

%
1%

%
2%

.100
*

1st preferred

23

23%

Pittston Co

2d

Ilk

12

(Thos G)—
7% 1st pref
100

Common

100

Preferred

100

1.15
40

Pacific West Oil.-10

7%

Packard Motor

3 k

*

Pairpont Corp. .100
*

Palmer Bros
Preferred

60

50c

75c"

30

32
19

Pan Am Airways..5

19k

Pan Amer Match.25

15

If

.15%

6

m

7%

105

4%

4%

4%

6

Pantex Pressing
Machine common*

Preferred
*
Paraffine Co Inc..*

pref_100

Paramount Aircraft

1

*

%
k
25 k

30
40

35
42

98^

100..

1%

Paramount Picturesl

6% lstpref—100
6% 2d pref
10
Parke. Davis Co..*
Parker Pen
10

85

Parker Rust

19M

7%
87%
9%
44 k
12%
19Vs

15

18

Prt.2%

Park & Tilford Inc-1

Rig

7%

8k
44

12

1

8k

1%

_

Pathe Film Corp-.l
7% preferred...
Pathe Laboratories*

10
28

Pea body Coal B...5

H

preferred. .100

Peck, Stow & Wile 10

iSB

104

41

~5 %

Peerless Cement—

6%

3%

5

%
5H
2%

%
6k

Peerless Weighing &

1

Vending com

..*

Pelham Hall

v

t c

...j

Pender (D)Groc'y

A*

Class B

Penick &

k
Ilk

44

*

11%

*

Ford

59

60

94

95

Penney (J C) Com.
Penn-Central
lines

43 %

Air¬

1

Corp

Penn Coal & Coke 10

Pa-Dixie Cement

7% conv pref A..*
Penn Electric Switch
Class A
10
Penn Federal Corp.*

4H% preferred.50

11%
2%
3%
22%

11^
2%
3 k
25

15%

15

*

16

$7 conv pref

*

Penn Salt Mfg—50
Penn Sugar
20
Penn Traffic

14%

13

2%

2k

2k




i/0
/s

Myers..*

k

25

1%
6

5

17 k

25

90

100

Preferred

1

Rockwood <fe Co../.*

15%
11%

5% preferred.. 100

14 k

Roeser & Pendleton *

12 k

12

100
1
Rome Cable Corp.5

Rogers Peet
Rollins Hosiery

1%

lk
11%

1%

2

3k

75

.

14 k

%
65%

65%
230
11894:

8k
86

89

14%

1494T

8k
6%
118%

9%
120

150

153%

conv

10 k

preferred
Randan Corp pt
Class B

lk
5%
60

lk
2%

k Last sale.,

n

Nominal,

5%
2k
lk

5%
2%
1%

1%

,

"

3%
6%

5%

18"
3%

3%

*

Preferred

50c

lk
19
98

112*

*

Samson United

19^

20 k

Sanborn Map. ...25

12

13

37%

Sangamo Electric. _*
Sanitary Co of Am
b% preferred .100

price.

5%

I New stock,

28

3%

3

55%

%

1
107

25%
37

x Ex-dividend

57 k

7k

7

Salt Dome Oil

48

20 k

12%

12%
3%

3

1%
31

29

1%

1%

Ilk
4k

12%

22%

23

4%

2%

2k

30

40k

40

24%
143%

%

25

1

15%
21
18

16%

17%

.

Sparks-With'gt'

31

.

65

19 k

14

Preferred

115

3

Stock Yards

10 H

60

*
South'n Pipe Line 10
Southern Phosph.10
Sou Webbing Mills.
Southland Royal. .5

6% conv pref. .20

Pipe Lines
10
Spalding (AG)&Br.l
1st preferred
*

19

St Regis Pap com. .5
Preferred
,100

16k

Southern Groc com*

114

125

100

Preferred

112%

111

5

5%

6

8

7%

9%
5%

5

South West Penna

75%

St L Rocky Mt &
Pacific Co.. 100

2

15
19 k
99 k

13

15 k
20

5

Lines common.

65 k

19%

19

r

*

45

r Canadi

112%
113%
5%

r

-

47
104

St Paul Union

39

17

62 k
46%
103 k

100
100

Mills com
StLNatStk Y

.-5

Works

1

111

27

21%
2%

23

25

25%
2%

2

1

Spear & Co

$5.50 preferred..*
Spencer Kellogg
. *
Spencer Shoe
*
Sperry Corp v t c—1
Spicer Mfg Co
*
$3 conv pref A—_*
-

35

10
Raybestos-Manhat *
Raymond Concrete
pref

1%
5%
100%
60 k

57

__»

Rath Packing

conv

14%
46%

3k

St Lawrence Flour

15

37

.100
A_*

6%

14

common

prefer-ed

24

14 k
45

Ryan Cons Petrol.*
Ryerson & Haynes.l
Safety Car Heat
& Ltg (Del)
50
Safeway Stores....*
5% preferred.. 100
6% preferred.. 100
7% preferred.. 100
St Lawrence Corp.*
$2 conv pref
50

77%

$5 pref B

22

$2.50 conv pref..*
Ryan Aeronautical .1

75

2k

S'eastern Greyhound

Russell Mfg— —50
Rustless Ir & Steel .1

3%

225*
lk
155

2

Development -. 100

19

lk
2%

South Bend Lathe
South Coast Gorp.-l

19%

47 k

114

31

Soss

64

23

46 k
61

Typewriter.*

12 k
18 k

preferred.-1
Mfg common.1

Conv

100
South Penn Oil—25
So Porto Rico Sug_*
8 % preferred .100
South Shore Oil &

20

of N Y ord shares.

12%
17 k

Mfg
1
Sonoco Products—5
Sonotone Corp
1

Preferred

Ruberoid Co

109

Chem.l

8

7 % preferred- . 100
*
Russeks 5th Ave.2H

5

39

*

Am.*
*
1st pf *

11

Royal Dutch Co
Royal

11

4 k

35
109

5% conv pref.. 100
6% preferred. .100
Purity Bakeries—*
Pyle National Co. 5
Pyrene Mfg
10
Quaker Oats
*
6% preferred-. 100
Quaker State Oil-.10
Rademaker

*

Sivyer Steel Cast . *
Skelly Oil
15
6% cum pref--100
Skinner Organ
5
Sloss-Sheff S & 1-100

lk
153

Solar

22%

100

3%
7k

'

Simplicity Pattern. 1
Singer Mfg
100
Singer Mfg Ltd— £1
Sioux City Stock
Yards com
20
Preferred
—20
SIrian Lamp com..*

22

~1%

~6%

6

*

19 k

23

35

30

17%

Preferred

_.

1

Pile common

Without par value,

iz
72

_.*

6

U8^

*

Common

Preferred

4%

$1,20 conv pfd.20
Rose 5 10&25c Store
common
1

$3

*

7%

4%

Roosevelt Field.

Ralston'Steel Car. 10

168

167

•

Root Petrol Co

Pure Oil Co

%
1

75

77
1

Radio-Kelth-Orph. *

32

k
k

5%

22%

New

27

23

7%

1%
2k
%

10%

31 %
Ilk
8%
78 k

119

1

lk

%

...

43%

New

Units..
Penn-Mex Fuel

2

22 k

1st preferred.. 100
Original pref.. 100
Puget Sound Pulp &
Timber com—*
Preferred
20
Pullman Inc
*
Punta Alegre Sugar *

Penna Industries—

Penn Rivet Corp.

lk

5% conv lst pf..5
5% conv 2d pf—50
*
Preferred
.100

30"

15

lk

5

18 k
22%

Typewriter vtc—*
8myth Mfg
25
Snider Packing
♦
Socony Vacuum..15
Solar Aircraft
1

9k

228

(Franklin) Sc
pref-—100

Co 7%

20

15k

70

Simonds Saw & Steel

8

14%

8% preferred--100
5% preferred--100
Producers Corp. .25c
Prosperity Co B—*
Publication Corp.-*

*

Common

Simon

7%

14 k
42 k

Process Corp com—*
Proc & Gamble
*

*

Simms Petroleum. 10

32

"9%

Hdw & Pt

Simon Brewery-...1

1

r

preferred—_*

82

31

12%

29

19

47

9

Radio Corp of

25"

Pub

6%

95

116

Simmons-Boardman

Simmons

Rockbestos Prods-

46

r

100

107

7% 1st pref—100

Pressed Steel Car—
Common

Prior pref..

Simmons Co

Cedar

Rochester Button

22"

$3.50
*

v t c

3

B

i

27

16%

42

Penn Glass SandCommon

2%
6%

Silex Co
Silver Burdette—

$6 preferred... 100

40

Price Bros & Co

8%

4

*

32
107

17

Smith (A O) Corp. 10
Smith & Corona

21

&

common

19%

3k

A

37 k

15%

6

*

pref

18%

_*

5%
52%

13%

*

Common

Robertson (H H)__*

Pratt & Lambert--*
conv

Sherw-Williams -.25

$2.50 preferred.30

7%
39%

100

14""
55

27

25

1%
1%
%
4k

%
4%

Pressed Metals Am.l

25

Hoist..

Robinson (Dwight P)

10

Hall

90

Shepard Niles Crane

Robertson Pap Box .5

Powdrell & Alexan_5
Prairie Oil & Gas.25
Prentice

4

TO5k

17

%

1

Pref stamped—.5
Potter Co com
1

6%% conv pf.100

ljf
15%
9k

-ri 2 k

1

%
%

Potrero Sugar com .5
Preferred
5

6%
k
36 k
30.

Shattuck (Frank G)*
Shawnee Pottery. 1
Sheaffer (W A) Pen*

57
11

Slgnode Steel Strap'g

9%

1

Preferred

AVs
50

53

39 k

Robbins &

%

10^
%
lk
15 k
7k
1%
13%
52%

83%

7%

Class

26 k

55

85

Class

*

8%

30

Riverside Cement—

1

6

8k

51^
9%

Mfg.*

%

4

50

Preferred

Seiberling Rubber.*
5% preferred
Selby Shoe
*
Sentry Safety Con.l
Serrick Corp cl B..1
Servel Co
1
Seton Leather
*
Shamrock O & G-.l
Sharon Steel Op
*
$5 conv pref
*
Sharp & Dohme
*
$3.50conv oref..*

93 k
114
5%pfser AAA 100
Sher-Wms Can
* r
Preferred
100 r 112"
8%
Shuron Optical—

1%

Rltter Dental

40

%

14%

10s

Preferred

12 k
20

Porterfield Aviation.

-

Paramount Motors 1

Preferred..

11%

39 k

Segal Lock & Hard¬
ware com
1

74%

Works common .10

19

Class A

American shares—

6%

*

Potash Co of Am. .5

Vs

Trans.

Riegel Paper
Riley Stoker

Porterfield Aircraft!
Porto-Ric-Am Tob—

6

Refining com
1
Pantepec Oil Co—

Reel

12 k

Class B

Pan-Amer Southern 1

Parmelee

39'"

10 %

Poor & Co class B__*

Panhandle Prod &

Parkersburg

36

100%

84 k

81

Richman Radiator. 1

1

*

28

*

9%

2%
85 k

2

14%

*

Richmond

19

*
*

&

Richfield Oil of Calif

53

24

8k
1%
18 k

73

Richardson

9%

104 k
30

23

92

55

Common

104^
29^

89

10

20^

114

22^

100
100

10

48H

113

30
22%

52 k

Co

*
*
*
25
.*
*
.

Shell Transp & Tr £2
Shell Union Oil....»

6

25

83

43
*

4
-

5%

Warrants

Class A

Transport
$50 par B

conv

100
1

Preferred

Polaroid Corp
Pollak Mfg

"l%

3k

10

1st pref
2d pref

1%

52 k

"lk

9"

Pocahontas Fuel-100

2

"3"
51 k

80
20 k

Plough Inc
7%
1.90 Plymouth Cord-100
47% Plymouth Oil
7% Pneumatic Scale
Preferred
10
3%

Pan Amer Petrol &

4%

lk

Pleas't ValWine Col

Pacific Port Cement

5%
10

4%
9%

ordinary
5s
Rice Stix Dry Gds_*

7

4

12%

Selection

Rhodesian

Plant

.*
preferred....*

pac Eastern Corn—
See Invest Cos

12

10

Rheem Mfg Co
Rhodesian Anglo.

%

25%
15

101 k

cum

B common

30

17 k

k*
9

13%

....

29

16 k

%

pref..100
5k% cam pf__ 100
Reynolds Metals..*
5%% conv pf_100
Reynolds Spring... 1
Reynolds Tob
10

101%

8

Pittsburgh Steel.
7% pref B
100
5%% prior pf.100
5% oref A
100

%

24%

Scullin Steel
Warrants-

_

k

6*

Seeman Bros

6

8

k
5%
9%
47%

ih*
72
12 k
20c

Seagrave Corp
Sears. Roebuck

18

13

%

Seaboard Oil (Del).*

k

5

Class A

11%
9k
99%

pref...._*

Pitts Forgings

r

Republic Air Prods.
Republic Aviation. 1
A preferred..-.._
Republic Steel
*
6% conv pref. 100
6% prior pf A. 100
Respro Inc com
*
Revere Cop & Br. .5

Pirelli Co of Italy—

Scovill Mfg
Scranton Lace

50

5
17

r

Renner Co
Reo Motor Oar

ammm

6%

40

w„ 25

21

18*

^

preferred
$4 preferred

26

5%

warrants.

Preferred w

.

4 % %

100

10

26%
%

'

Pines Winterftont.l

Bond

3%

3

Scott Paper.

50

25

$1.50 conv pref.25
Remington Arms..*
Rem'tn Rand com.l
B rights

8

7%

Ilk

*
Schulte Real Estatel
Preferred
100
Schulte Retail Sts.l

1%

60

100
2

Reliance Si eel

4%

k
10 k

35

1

8% preferred..100
Schwitzer-Oumm
1

47

100

(Illinois)

2l"

33

16

»

Preferred

20%

_..*
Sugar—.1
Savoy Oil
6
Schenley Distillers.5
5%% pref
100

9%

lk

Reliance El & Eng 5
Reliance Mfg Co

2%
44

-

Savage Arms

4

13

Co—*

Preferred

41 k

2%

7

2%

3%
9%

*
100

Reliable Stores

5%

26 k

6%

2%

7% 1st pref—.100
Reiter-Foster Oil.H

30

43%

pref. 100

conv

~6k

6

Reis (Robt) &

4%

5%
41 k

Pitts Term Coal—

Preferred

Pacific Coast Co. -10

25

20

3k

2k

6%% pref
Regal Shoe pref. 100
Regent Knitting
Mills Ltd
*
Preferred
25

5

.

Pacific Can

Reeves (Daniel)

10

Schiff Co com

*

Reed Roller Bit

A**

42

38

50

Preferred

%

3k

Units

19

3

Pilgrim Explorat—1

$5 conv

43

\
$5 preference
*
Pac Amer Fisheries 5

10

Piper Aircraft

6%

5

fe 56 preferred A

Phila Daily News.

Pillsb Flour Mills.

42

26

Owens-Ill Glass. 12 %
Oxford Paper com.*

6%
7%

Units

5

8%
95

Savannah

Reece Fold Mach.10
Reed Prentice com.*

40%

4%

San-Nap-Pak com.l
Preferred
8%

1

k
%

Reece Button HolelO

Pierce Oil Corp—

3%

39%

»

com

2%
10%

25

8%

19

28%

1
*

Engine
Reda Pump
Red Bank Oil

%

Pharis Tire & Rub-l

6

18%

*
Red Rock Bottlers. 1

6%

Derivatives.*

14 %

__

Manufacturing. .5
Outlet Co

Pfeiffer Brewing...*

Petrol

Petrol Heat & Pr__*

Pierce Governor—.*

12 ^

.

Pettibone Mulliken *

30 k

31

Oswego Falls comlOO
Elevator—,.
*
6% preferred. .100
Otis Steel.
$5.50 conv 1st pf.*
Outboard Marine &

30c

7

%
1%
9k

Phillip-Jones Corp.*
7% preferred--100
Phillips Packing
*
115
*
Phillips Petrol
Phoenix Hosiery—5
90
7 % preferred- -100
1H
20% Pick (Albert) com.l
9
Pictorial Paper
Pkge Corp.
5
isli Pierce Butler Rad

7%

6
24

Otis

lk
21%

15c

*
Conversion-1

Phila Dairy Prod--*

\
* \ 21
*
"47

Ohio Leather

28%

Phelps-Dodge

12

33 k

158
20

\*

Petrol

234

5%
lk
20%

1

Per vel Corp
Pet Milk...

1SH
36%
ok
214
13%
33^

34k
5k
2k

Ogilive Flour Mills-*
Preferred—'i^lOO
Ohio Forge &
Machine Corp

44k

17

Nu-Enamel
1
Nunn-Bush Shoe 2 %

Ohio Brass B

Permutit Co

5

4%

15c"'

5c

1%

Per share

Par

28

Rayonter Inc com. 1
$2 cum pref
25
Raytheon Mfg..50c
6% preferred—.5
Real Silk Hosiery
Mills common
5
7% cum pref.. 100
Realty Operators—
Rearwin Aircraft &

Ask

Bid

Stocks

share

.

15

2.%

Ask

|

Per

Par

Pennzoil Co com...

Northwest Airlines.*

Engine

share

lk

6
lc

Units

Warrants

Bid

Stocks

Oil—

B

Class

7k

5%
2%

1

Class A

Ask

Per

Par

33
16

Northrop Aircraft

•

possible for the closing day of the month preceding the date of issue

Bid

Stocks

Per share

31
7K

North & Judd
25
Nor Pnper Mills..10
North Pipe Line. .10

MISCELLANEOUS STOCKS

&

INDUSTRIAL

90

_

Spiegel Inc com—2
$4.50 conv pref..*
Springfield Ice & F.5
Square DOo
1
Squibb (E R) & Son*
$6 preferred
*

7

2%

7k,

65

69

20%

22%

1%

2

45%

45%

33
52 k

33%
52%

10%
59%
2%
33%
36%

110%

10 k

•60
33 k
38

111H

JAN., 1940]

INDUSTRIAL

91

STOCKS

MISCELLANEOUS

&

Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue

Stocks

Stahl-Meyer com-.*
)

100

Preferred

Staley Mfg Co
10
7% preferred--100
$5 preferred.....*
Standard Brands..*
$4.50 cum pref..*
Standard Brewing..*
Stand Cap & Seai-.l
Conv

Ask

Bid
Par

preferred .10

2%

15

16"

$3

105

93

5%
101%

6

103%

%
13 %

n*

18 %

19%

Standard Coated

Products com. 10c

1%
5%

5

Preferred

2

$1.60

pref-20

conv

Stand Fruit &SS. 10
Preferred
.*
Stand Oil (Oal)—.
Stand Oil (Ind)...25

X

>
i

t*

24%
26%

1%
12%
4

21
25

!t*

Stand Oil (Kan)..10
Stand Oil (Ky)...10

43

Stand Oil of N J. .25
Stand Oil (Ohio)..25

43%

44h

5% preferred.. 100
Standard PlasticslOc

107%

ill*

Standard Products. 1
Standard Screw. .20
Preferred A
100
Stand Silica com
1
Stand Steel Spring. 5
Stand Tube cl B
1

9%

Stanley Works
25
Starrett (L S) Co..*
Starrett Corp—

20

3

45%

1%
47%

33

34

1%

8teel Co of Can—*
Preferred
25
Steel Products Eng 1

86
82%

Stein (A)& Co com *
Sterchi Bros com..*

12

6% 1st pref.—.50
5% 2d pref
20
Sterling Aluminum

A*

40

1

12%
3%

34q%

H*
II*
4

..

Tool
Sun

Oil

Class

4%
8%

♦

*

Susquehanna

43

15%
17

6%
16

3/0

29%
1%
6%
19

7

1
..5

Talon Inc common.5

Tastyeast Inc cl A.l
Taylor-Colquitt Co 5
Taylor Craft Co
1
Taylor A Fenn.. 100
Taylor (K) Dist...l
Taylor-Wharton
Iron & Steel com.*

Technicolor

Inc...*

Telaut'g'ph Corp..5
Tennessee Corp.-.5
Tennessee

Prod...5
Terminal Ref A
Warehouse Corp50
Term & Trans com.l
Preferred

*

Texas Corporation 25
Texas Gulf Prod
*
Texas Gulf Sulph—*
Tex Pac Coal A OillO
Texas Pacific Land
Trust old stk—100
Ctfs sub shares.. 1

Texon Oil & Land..2
Thatcher Mfg..
*

$3.60

conv

pref.-*

irii

4%
1%

*

%
39%

38%
1%

2

W*
40
87

5%
16%

6%
16%

Stores com
1
Conv preferred. 15
Un St Yds Omaha 100
Union Tank Car.
*
Union Twist Drill..5

17

17%
26%

i*

67
23

22%
24%
46%

28

46%
6%

Lines
......

16%
%

5

.15%
114%
59M

31H

32

8%
6%
5%

9

24%

26%

6% prior pref.100

69%

Preferred
.100
Utah-Idaho Sugar .5
Preferred.
10
Utah Radio Prod—1
Vacuum

Concrete..
Vadsco Sales Corp—
Common
*

7% cum Dref_-100
Valley Mould A Iron
Common...
*

United

Valley Osage Oil.—*
Valspar com
.1
$4 conv pref
5
Valvoline Oil comlOO

8% preferred-.100
Vanadium Corp
*
Van Camp Milk
*
$4 preferred
*
Van Dorn Iron Wks*
Van Nor Mach Tool5
Van Raalte Co.
5
7% 1st pref
100
Veeder Root Inc...*

Synd
2
Vertientes-Camag'y
Sugar common..5
Vicana Sugar v t c.3

%
6%
12%
4%
6%
2%
58

2%
18

44%
3%
32%
8%

7%
13

4%
6%
3
65
3
20

44%
4

A......

conv

pref. 100

U S Envelope... 100
Preferred.100

UIS Finishing
.T7% preferred-._
US Foil B
U 8 Freight
U S Graphite.
U S Gypsum

_

i*

15%
50

10%
24%
78

It*
68
5

5%
5%

*
5
.20

"6%

U S Ind Alcohol
•
U 8 Leather com..*

7%

cum pr

4%% pref
100
3 % preferred- 100
Vulcan DetinninglOO
7 % preferred. .100

pf.100

Part convA cl A.*

Waco Aircraft.....*

Wagner Bak

v

No par value,

t Called Jan. 1,1940 at $37.50.




t c. -1

Wahl Co..

•
WaittABond Inc A *

iL*

1%
W*
1%

45c

%
16

17%

30%
85
6

88

IV*
29

18*
37

7%

ik
105

!1*

110
33%
12

62%
3%

65

25

27

37

38

114%
54%
4%
2

AX*

20c

4

115%
56%
5%
2%

""%
3%

2)1

WalkerJH) Good'm

.

2%

it*

44%

5*
20

40
20c

__v_

9

11

%
1%
■

%
1%
84
44

83%
43%
4

4%

91

1

%

10%

pf...*

Warner Co com
*
Preferred....—.*

6

84
175

9
85

181

4%

5%

$1
$3

cum.
cum

*

1st pref.*

pref

conv

Warren (S

10%

93

94

132

4%
5%
1%
3%

"5%
6

1%
4%

6%

IV*
95
32%

IV*
97

33%

5

Wayne Pump

1

11

Webster Eisenlohr.*
7% preferred. .100
Welch G'pe Juice 2 %
Preferred

k Last sale,

n

Nominal,

r

5%
4%

6

7%

8

5

AM

22

45*
:\*
1%
4%
30%

100

1

Canadian price.

36%
%
20%

50
106

%

'

14%

_*

27%

Mfg com
50
7% 1st part pf_50
Westmoreland Coal *

116%

Brake

common.

Westinghouse Elec
A

*

Westland Oil

Weston El Instru—*
Class A
*

117

138
135%
10% Dec 12
3%
28

&

37%
36%
37%
5%

I?*
90
66

.

.

White (88) Dental 20
White Rk Min Spgs-

12%
4%
.32%
20%

Common

9

Common
25
Whittaker Pap com*
7 % preferred
100
-

_

Whittall (M J)—
5% preferred—10
Wichita River Oil. 10
Wickwire Spencer
Steel common.. 10
Wieboldt Stores...*
Prior preferred
*
Wilbur Suchard
Chocolate com 50c
Preferred
Will A Baumer

$50
*

Preferred
100
Willcox A Gibbs—50
Wilcox
(H
F)
Oil

39
105

5%
6

5%
90
15c

lH
109

5

3%

Oil-O-Mat
*
Williams (R C>—J*

hH

A

Gas...

Wm

Willys-Overland
1
6% conv pref—10
Wilson A

Co

*

$6 preferred—
Wilson Line..

...

*

1%
3^8
5%

Sk**

*
100

22

Will son Products. _1
Wilsonite Products 1
Wilson-Jones
*

11

115

Wither bee Sher pf 50
The Goodwill

12

Preferred

3
48
2
7

1%
6

8%
31%

81
1

7%

3%

WJR

Station

5

Wolverine

10

Prior prer units.

_

Woodward Iron. .10
Woodw'd A Loth'plO
Preferred
100
Woolw'th (F W)_10
Wool worth Ltd—
Am dep rects ord.

Preferred.....
Worcester Salt.-100
Worthington Pump
A Mach..
*
7% pref A
100
6% pref B
100
4%% conv prior
preferred
100
4%% series prior
preferred —.100
Wright Aeronaut!-*
Wrigley (Wm) Jr.-*
Wurlitzer

27

Portland
com

(R) comlO

Preferred.
100
Yale A Towne
25
Yates-Amer Mach .5
Yellow
Truck
A
....

Coach Mfg cl B..1

7 % preferred. .100
York Ice Mach
.*

7% Preferred—100
Young (J S) Co—100
Preferred

100

4

6%
7%
61%
3%
4%
3
10

IH
63
4

5

15

23%
46%
118

38

11%

3%
41%
18%
66%

38%

6^1
VkM
70

60

70

43%

45%

34%
112

85

8%
103%
23%
2%
18%
114%
3%
24

35
114

*§%
105

24%

2%
18%
117

AM

26

84%
128%

Young(LA) Spring
A Wire

Youngstown
Car

_..*

10%

11%

Steel

common

5

4%

5%

*

26%

27%

Youngstown Steel
26
18

Waukesha Motor

23%
6%
70%
11%

*

Stationery
Westinghouse Air

*

DJ Co— *

31

23%

A*
68

Union common..*
Western Tablet A

41

30

..

Machinery pref

*

pref

_

7%
11%

*

Warren Fdy A Pipe *
Warren (Northam)

$3

r

.

7

II*

Warren Bros

"I"

3*

r

Preferred
.100
Western Newspaper

1

76
38

conv

1
*

preferred

$3

Woodley Petrol
Wood Newspaper

72
34

$3.85

4%

*

Western Groc Ltd.*

"2%

30

7% prior pref.100
6% preferred—100

Warner Bros.

36
95

Dairies

Western

1%

30

10

Walworth Co.
._*
6 % preferred. __10
Ward Baking Corp—
Com class A.
*
Com class B
*

WM
99

10

3%
29%

.

7% preferred-.100
Pict._5

#

Common

Cement

Waltham Watch cl B

25

Pulp Pap.

Preferred-100

Wolverine Tube
2
Wood (Alan) Steel.*
7% preferred-.100
Woodall Indust—2

29%
3%
28%

Preferred.....—*

%

Va

6%

Western Air Expr__l
West Auto Supply

Winsted Hosiery 100
Winters A C'mpton 1

AX

30c

*

Class B

Wellington Oil
*

T*

_

Waldorf System.
*
Walgreen Co com—*
4%% pref ww 100

60

*
1

7% preferred
100
U S Hoff Machine.5

2%
16%
53%

5%
33%
85%

W Va Coal A Coke. *

W

6

Vulcan Corp com..*

*

5%% conv pf—50

18'

5% preferred..100
Vogt Mfg..
*

4%

1

32%
8%

550

*

A Worts com..*

Un Shoe Mach—.25
Preferred
25
United Specialties. 1
U S Distributing
*

7%

.*

5%

Sharing....... 25c

"h

100

8%
2%

77

%

3

Steel
*

17% Dec. 19
7% first pref .100
1%
2% WhitlockCoil Pipe-

J

Pump

Foundry

*

5

JCA
60

United Screw A Bolt
Class A_.
*
Class B
...*
Un Shipyards B
1
Class

157

Gypsum..*

Vick Chemical

m

Profit

7

100

1%

Victor Brewing
1
Victor Chemical
5
Va-Oar Chemical- .*
6% part pref—100
Va Coal A Iron._100
Va Iron O A O—100

.

15

%
30%
2%

.*

4%

..1
United Milk Prod—*
$3 part pref
*
United Molasses Ltd
Amer dep rets. .£1

61

-* *

com. 12%

.

West Michigan

.

65

100

Preferred

t c

59%
6%
14%
%
28%
2%

———frU—

7%

West Indies Sugar.)

-

8%

_

72%

*

—

Venezuela

Merchants

41

1%
2%
15%

8

Preferred

pref

conv

% Westvaco Chlorine. *
5%
5% conv pref. .30
2
Weyenberg shoe
I
83
Weyerhaeuser Timb*
Wheel Steel Corp .*
6 % Preferred--100
5%
$5 conv prior pf.*
V*
3% White Aircraft.
15% White Motor
1
White Sew Mach..l
$4 conv pref
14%
*
68
Prior pref
..20

151

Preferred

7% preferred—100
United Electric

12

Universal Pictures .1

Viking

-

35%
43%

8% preferred- -100

15

39

6

4

Universal Cons OillO

Vega Airplane.

6

6%
5%

56

5*
si*

Universal Cooler—
Conv partic A
*
Class B_'_.
..*
Universal Corp vtc.l

12%

Unit Paper board 10
Preferred
100
Unit Piece Dye com*
Preferred
100

7

*

Venezuela Holding. 1
Venezuelan Petrol. 1

%
18%

Nov. 29

I*

1
50

5

15%

17*

66%
117%

2%

50c.
United Stove...
1

6% preferred
100
United Gigar-Whalen
Stores com
10c
$5 preferred
*
United Drill A Tool Class A..
....*
Class B.._.....*
United Drug
.5
United Dyewood.10

v

34%
42%
11%

Common
..1
Conv preferred..*

Victoria

A Mfrs

5*
8§*

7 % non-cum pf.25

11*

Coal Cos com...5
Un Eng A Fdy
5
United Fruit
*

22%

W*

116%

*

Ay*
42
117
61

3
20

70
66

U S Truck Lines. .1
United Stockyards—

61

United

61

U 8 Sugar Corp...*
Preferred
*
U 8 Tobacco
•

59

5

2%

U 8 Steel Corp.
•
7 % preferred—100
U S Stores—

16%

38

AM

113

17

13%

8%
2%

22

1

Tampax Inc
Tappan Stove

1

1%

1

*

11%
24%
10%
4%

*
*

4%

...1

$2.50 pref-

^

1

h*
12 H

25

drift com.....*

.

$4

40%

Preferred.
U SSm Ref AMin50
7 % preferred
50

Universal Prod

13
50
88

Air

2%
14

112

8% 1st pref

.*

West BoylstonMfg.

2%
10%

8% n-culstpf-100
U 8 Rubb Reel
*

Upson Co

.....

3%

1/'

Taggart Corp
_

2%
7%

1
pref *

22

40%

6% preferred-..50
U 8 Realty A Imp. *
U 8 Rubber
10

UhivMf-Tbb^".^
9%
10%

9

X
ix
11%

Mfg.1%

Preferred.

30%

1%
9%
1%

Steel Corp..—..1

Lamp

com

1

13

1

Universal-Cyclops

—

40%
10%
16%

/o

w

lJ*

8

com

*

50

United Stores A
$6 conv pref

Per share

Wells Fargo A Co..II
Went worth

.Preferred

Preferred

Conv 1st pref

It*

X

Common
U 8 Radiator

Chemical
*
$3 part pref
*
United Cigar Stores—

Swift

w w

95c

-

1

United

Swan Finch Oil_._15

Commons

3%

—

28%
%

Common

slH

33
2

United Carbon..
*
United-Carr Fast—*

Sutherland Paper.10
Swallow Aircraft.

dep ctfs of bear shs
Sylvanla Industrial *
Symington Gould-

1%
7%

Trojan Oil A Gas of

Twin Coach

IV*

30

U S Postal Meter. -1
U 8 Print A Litho—

United Wall Paper.2

7% conv pref. 100

3%

Business
Machine
...1
Swift & Co
25
Swift Internat Ltd—

4

1%

Triplex Safe Glass.*
Triumph Explos
2

United

1

Preferred
.25
Sweets Co of Am.50
Sweets Steel
1

12%

7%
3%

*

Delaware

1

pref-20

conv

3%

Par

Wesson Oil A Snow-

Common

Un Artist Theatre.*
Preferred
100
United Biscuit..__*

Silk

Mills class A
Class B......

14%

12%

Picture Screen--1
Transue &
Williams
Steel Forging
*
Trans western Oil. 10

Transport

100

40

14%
3%

Corp.

Transcontinental
&
West Air Line
5
Trans Lux Daylight

Trico Products

S04

36

United Aircraft——6
Un Aircraft Prod..l

com

B

100
2

......

10%

common...5

Superior Steel

Transair

P

2%

Union Carb A Carb *
Union Mfg
25
Union Oil of Calif.25
Union Premier Food

*

6% cum pref—100
Sunray Drug
1
Sunray Oil
1
5%% conv pf— 50
Superheater Co
*
Superior Oil Corp.. 1
Superior Oil (Cal) 25
Superior Portland
Cement A pref..*

14%

W*
29

_

1.25 preferred..*
Studebaker Corp_-l
Submarine Signal.25
Sullivan Macn'y
Sundstrand Mach

& Pump
5
Shipbuild..*
Torrington Co
*

Corp common...*
Union Bleachery 100

Struthers Wells
Titus ville com.

64%

$1.50

33%

Corp—

New common_50c

Onderw Ell Fisher.*
Unexcelled Mfg. 10
Union Bag A Paper

10

Strawb'ge A Clothier
6% preferred.. 100
7% preferred.. 100
Stromberg Carlson.*
6% preferred .100
Stroock (S) & Co..*
Strouss Hlrshberg

4%

63%

Toledo

Series A pref
Series B pref

pref——25
Furn

4%

Shipyards.._*

Ulen A Co

Stone A Webster.

1%

See Investing Cos.
Todd

Udylite Corp

.1

1.10

%

$1.50 preferred..*

Stix Baer A Fuller. 10

Conv

90c

Tokhelm Oil Tank

80c di v conv
20th Cent Fox Film
Common
*

Preferred
..25
Stewart-Warner. .-5
Stlnnes (Hugo)Corp5

10%
90%
11%
25%
150%

23%

Tung-Sol

4%

2%

50

Trunz Pork Stores. *
Truscon Steel
10

Stern Bros common 1
Preferred A—
*
Stetson (J B)
._*

112
18

147
23

*

Trm-TraacX2m0^-

Sterling Brewers...1
Sterling, Inc
1
$1.50 preferred..*
Sterling Products. 10

Storkline

U 8 Plywood
Common

10%
89%
10%
23%

Timken-Det Axle .10
Timkeu Roll Bear.*
Timm Aircraft
1
Tishman Realty
*
Tobacco & Allied
Stocks Inc
See Investing Cos.
Tob Prod Expts... *
Tobacco Secur Ltd—

Warrants

35
Dec 11

—Products com. .: 1

Btokely Bros

Tide W Assn Oil—10

com

4%
30%

A™

17

4%% conv pref.*
TIlo Hoofing com.. 1
Time Inc

19%

2%
36%

U 8 Lines pref....*
U 8 Pipe A Fdy—20
US Playing Card-10

30%
110%
2%

—.

Preferred
Trane Co

39%

Common v t C--1

.—5

Thompson (J R)—25
Thompson Prod—*
$5 conv prior pf.*
Thompson-Starrett *
$3 % preferred
*

Towne Securities..*

9

40

38
125

18%

10

pref

Thew Shovel

29

J*

$1.40 conv pref.20

6%

Stand Commercial

Tobacco com. ...1
Standard Dredging
Common....
1

conv

Bid

Stocks

Per share

Par

28

1

Thermoid Co

Ask

Bid

Stocks

Per share

Par

2
40

Ask

Bid

Stocks

Per share

21%
3%
60%
18%
108%
2%

Door

common

Youngstown Sheet A
19%
22

3

45%

46

5%% pref..100
Young (Thomas)

84

89

1

10
16

Tube

Nurseries com

19

Zenith
Radio
._*
Zonite Products
1

"2%

I New stock,

-*

x

Ex-dividend.

2%

11

16%
2%

The custom In reporting prices for State and municipal securities is to quote them on the basis of the return the bonds yield per annum.
Therefore
In furnishing the prices below, it will be found that for the single maturity bond a bid and asked quotation is published—either actual figures or on a
percentage basis.
In furnishing prices for the serial bonds, however, we endeavor to obtain the yield basis for the varying maturities.
For instance.
If a certain bond In our list matures from 1940 to 1951 and is quoted 0.50 to 3.00%—this would indicate that the earliest maturity yields 0.50% and the
latter maturity is yielding

3.00%.
v
Therefore, in the following list, it must be remembered the word to indicates that the figures shown are the yield basis: all other figures are
asked prices.
Quotations for all securities

are as near as

.

UNITED STATES—See also pa
Treasury Bonds—
4Mb Oct 15 1947-1952. A&O 120
4s Dec 15 1944-1954...J&D 114.28
3 Mb Mar 15 1946-1956 M&S 114.23
3 H s June 15 1940-1943 J&D 102.14
3 Ha Mar 15 1941-1943 M&S 104.22
3 Ha June 151943rl947 J&D 109.21
3 Mb Aug 1 1941
—F&A 105.14
3 Ms Oct 15 1943-1945.A&0 109.27
3 Ms Apr 16 1944-1946-A&O 110.11
3 Ha June 15 1946-1949 J&D
3 Ha Dec 15 1949-1952 J&D
3s June 15 1946-1948. .J&D
3s Sept 16 1951-1955.-M&S
2Mb Mar 15 1955-1960 M&S
2 Ha Sept 15 1945-1947 M&S
2 Ha Mar 15 1948-1951 M&S

ge

—

—-

—

1 H% June 15 1941
1 M% Dec 15 1941...
IH% Mar 151942
2% Sept 15 1942..
1M% Dec 15 1942
1H% June 151943
1H% Dec 15 1943
1% Mar 15 1944
H% June 15 1944—..,
1% Sept 15 1944—
Federal Farm Mtge Corp
3 Ha 1944-1964
—M&S

—

110.13

3 Ms impt ref 1940-50—J&J b 1.50
3 Ms Imp ref 1942-1958 A&O 6 2.00
4s 1940-1961
A&O b 1.50
4 Ms 1940-1960—
A&O b 1.50
5s sewers Sept 20 1941 M&S & 2.00

107.30
109.7
108.11

Florence refunding 1% to 4%.
Gadsden 6% impt long mat—
5s schools 1940—.- -A&O
Jefferson County—
4Mb Ot House 1940-43 M&N
4Mb Ref 1940-1961—A&O
Mobile City—

107.13
106.24
106.19

104

4Mb 1940-1968—

105

4Mb

to 3.50

%

100

40
6 4.50
6 3.50

6 1.50
6 1.50

79M

Refunding 2-5s Jan. 1 1966-

5s School

to 3.00
to 3.15

%

%
to 3.30 %
to 3.30 %
1.50 %
43
4.25 %
3.00 %
to 2.50
to 3.30

%
%

ta3-50[ %

105

May 1 1945

Montgomery—
5s funding 1940-1966.-J&J
4Ms Sanitary Sewer Jan 1*44
Montgomery Co 4Mb 1957-59
J&J
Morgan Co 5s road 1952.F&A
Selma (City) 5s-6s 1939-19552 Ms 1940-1952—
J&J
6s Road 1951—

101.27

97
94
6 3.30

6 3.30
6 3.60

3.50 %

6 1.50
6 1.50

to 3.50 %
to 3.10 %

102.15
102.19
102.20
102.26
103.31 104.1
105.14 105.16
104.19 104.21
102.23 102.25

J&J 6 2.50
6s ref pub impt '40-'53 M&N 6 2.50
Tuscaloosa Co 6s Bridge 1941 6 2.00
5s Road 1957
—M&S 6 3.30
Tuscaloosa (City)—

102.27 102.29
101.30 102
100.28 100.30

18:::::::::::::::::::: 6 3.75

102.3

4s

Tuscaloosa—
5s W W 1940-1957

5 Ms

102.6

98
97
3.25 %
3.25 %

serial

...

6 3.80
6 3.75

6 3.70

36

to 3.80
to 3.90

Commodity Credit Oorp—
M % Aug 1 1941

1

1.50
3.25 %

Federal Natl Mtge Assn—
2% notes May 16 '43 opt '39
1M% Jan 3 1944 opt 40—
Reconstruction Finance Corp
H% notes July 20 1941—
H% Nov 1 1941
H% Jan 15 1942Is July 1 1942
TJ|S Housing Authority—
1H % notes Feb 1 1944
_

3.70
3.65
3.60

39

to 3.75

2.50
3.50
2.00

to 3.75

3.75
2.00
3.50

Hot

I

130
100 M
113 M

118M
117M
101

106 M
102
107
112
102 M
113
119

109M
127

Tax free in Connecticut,

b
6
b
b

2.80
1.00
2.50
2.60
2.80

1

100 M

95 M
98 M

2.20
to 2.80

1.00

to 3.35
to 3.30

Ms Jan 1 1940-1960—-— 6 1.00
*40-'49—F&A 6 1.00
Metropolitan Water -District -

to 3.15

6

to 3.25
to 2.90

of Southern California—-

Colorado River Waterworks
Ref 4Mb 1948-1977-F&A
Ref 3Ms 1978-1987.:F&A
Ref4s 1946-1986—F&A
Modesto Irrig Dist 6b
...
Oakland 5M« 1940-1943-F&A
4M8 Mun Imp *40-'43-F&A
4Mb 1940-1965—
F&A
Oakland 8 D 4b 1940-44--J&J
Orange Co 5s 1940-1945.M&S
Flood Control District--

6 2.80y
103 M

to 3.45

6 2.60

to 3.45

%

104 M

0.40

to 1.25

5s 1940-1943——J2&J2 6 1.25
2s 1944-1951
J2&J2 6 1.40

f. 10

to 1.25

0.40
0.40
6 0.40
6 1.00

to 1.60

6
6
6

to

2.75,

to 1.40
to 2.00

to 2.25

2?25

2Mb 1952-1953
J2&J2
2s 1954-1958——J2&J2
Pasadena 4s 1940-1942. J&J
Redlands 5s 1940-1951 -J&J15
Ri versid» 5s 1940-1953 -J&D
Riverside Co 5s '40-'54—M&N
Sacramento 4s Jan 1940-1915
3s 1940-1968
—J&J
Sacram'to Co 4Mb '40-46 J&D
San Diego 5s W W '43-'54A&0
5s School 1940-1966—F&A
4 Ms Water 1940-1964
3 Ms g July 1,1940-44. - J&J
San Francisco (City & County)

6 2.25

to 3.35

6 0.75

to 1.25

6
6
6

6

6

1.00 to 2.75
1.00 to 2.75
1.00 to 2.75
0.25 to 1.65
0.40 to 2.65
0.75 to 1.90
1.50 to 2.75
1.00 to 3.00
1.00 to 2.90
1.00 to 1.50

6 0.75
6 2.70
6 0.75

I

to 2.90

1940-1977—J&J

I

to 3.00

4Mb Water

*40-'63-J&D
2s 1940-1949----------J&J 6 0.75
San Joaquin Co 5s 40 49.J&J 6 0.75
Santa Barbara 5s '40-41 -JanlO
4Mb gold Aug 1943—-F&A
Turlock Irrig Dist 6s———

to 2.80

2.85
to 2.25

to 2.50

1.00
1.50

4.10

page

Gen opt 1944

3b warrants

1940-1951—-J&D

2Mb warrants 1952-'54—J&D
2s Highway ref, 1940-'47-J&D

Colorado Springs-Ref 1Mb 1940-1943—M&S b 0.40
Denver (City and County)—
1.10

98 M

4Mb Water 1944-—-—J&J 6
4Mb Ref Wat 1940-67-J&D 6 0.40

3.65% March 1.1950^4 - 6 1.90
2Mb Sew dist 1947-56-A&O 6 1.30
less

2.00
3s1963-1972 opt 1955-A&0
3 Ms Mun Water Retire
1963-1972 opt 1955-A&0 6 2.00
2 Ms Sewer Disp *47-'56A&0 6 1.20
Moffat Tunnel Imp D—

1

less

1

5Ms 1955-1965.

6 3.75

less

M

CALIFORNIA
Calif Toll Bridge AuthoritySan Fran-Oak 4s 1976-M&N
4s 1940-1964

Olympiad 1940-71 —J&J2
-

-

Nominal.

6 0.25
6 0.25

6

0.75*

1.00
to 2.20

to 2
to 2

1.80
to 2.00

1.90
1.90
to

1.85

Ms 1944-1963—
5 Ms 1947-1956
5 Ms 1964-1973

J&J 6

1.25
2.40

to 3 .00

J&J
J&J

3.30
3.40

3.20

5b 1974-1983—

5

F&A
112M 1.50 .Ms 1940-1952
119M 1.50 4s Harb Imp 1985 opt '50. J&J
J&J2
134 M 2.35 5s Jan 2 1941-1943
4s Jan 2 1944-1948
J&J2
3 Ms Jan 1 1940-1949
J&J
101M
114M 3.11 Veterans Welfare—
3s Feb 1940-1952
-F&A
119M 3.16
2Mb Feb 1 1940-1954-F&A
118M 3.15
2Mb Feb 1 1940-1954.F&A
101M
107 M 0.75 Alameda 4s 1940 to 1941-J&D
4Mb Mun Imp '40-'48-A&O
103 M 1.85 Bakersfield 5s 1940-1952.A&O
108M 1.75 Berkeley 5s 1942-1951— —J&J
5s School 1940-1955
J&J
115
3.00
103 M 0.75 East Bay Mun Util Dist—.
5s 1940-1974.
J&J
115
2.30
121M 2.85 East Contra Costa IrrigDist6s
111
1.75 Golden Gate Bridge & H'way3 Ms series C 1942-1971 J&J
132M 3.35
Imperial Irrigation District—
Refunding 6s 1983
J&J
2.70 %
Refunding 5s 1983
Los Angeles (City)—
2.50 %
da 1Q4ft-1QA9
2.40 %
2 Mb Wat Wks 1956-76 M&N
2.50 %
3 Mb Water wks 1952-19752.70 %

to 1.00

2.20
4Mb Water 1962-1965-J&D 6 2.25
5 D No 1 4Mb 1940-53-J&J 6 0.40 to 1.90
S D No 1 4Mb 1940-47-J&D 6 0.40 to 1.50
4s July 1941-1945-——J&J 6 0.60 to 1.10

101

Springs 4Ms ,40-,50-M&S

n

0.50 to 2.15
0.50 to 2.10
2.15
2.20
0.40 to 1,30

2Mb State H'way '40-'54_J&D

99 M
99 M

6 3.40

/ Flat price,

94.

COLORADO

95 M

108 M
_M&N 6 1.25 to 3
4Mb Univ Bldg Jan5'40-65J&J 6 0.25 to 1
6 0.50 to 2
132M 2.20 4Mb Highway 1940-48.J&J30
F&A 6 0.25 to 2
138 M 2.25 4MB 1940-1947

107 M 1.00
102 M 0.35
118M 1.60

b Basis.

to 3.00

^

-Jan.

4s 1958-1960

4 Ms

111
118

ALABAMA
3Msrenewal class O 1956-J&J
4Msharborimpt June 1 *40-73
4Mb highways 1952
M&S
4Ms 1956 and 1959
M&S
4srenewal July 1. 1956—...

%

103 M 0.85
103 M 2.00
110M 1.75

134

1
1

1.10

103

101H

Honolulu (City & County)—
3 Ms Sept 15 1946
M&S
5s Dec 15 *55-'45
J&D
5s June 15 1955
J&D
Philippine Government—
4s reg Dec 1 '46-'26_MJSD
4 Ms July 1&15 1952
J&J
4 Ms Oct 1 1959
A&O
5s Feb 1 1952
...F&A
5s Apr 11955-35
...A&O
5 Ms Aug 1 1941
F&A
Puerto Rico (Govt of)
J&J
2Ms Jan 1 1946
4s reg Jan 1 1944
_.J&J
4s reg Jan 1 1960
_.J&J
4Ms Jan 1 ,51-,41.._..J&J
4 Ms July 1 1947
J&J
4 Ms 7-1-56-59 1-1-56-J&J
5s July 1 '44-'43
J&J
5s July 1 1972
—J&J

%

1

101M
101M
101M
101M
101M
100 M

4Ms Fund 1941-1950.M&N 103
4b water Rev 1940-76-F&A 6 3.25
Little Rock S D 4s *40-'55 M&S 6 3.25
St Francis Levee Dist—
6 2.75
4s 1944

101

116M

104 M
to 3.10

4s Wat Distrlb

Little Rock—

101.15 101.17

129

to 4.00

less

%

1

101
101
101
100

-

3s Rose, Hemingway opt 1944

102.18 102.21

4Ms Nov 15 1956-— -M&N
4Ms Nov 15 1958
M&N

2.90

to 103

1940-1969----J&J
4Mb Water '57 *58. '59.J&J

99 M

3s 1949...
3s Attorney

101.3

106 M
102 M

to

------

6 2.20

5s Water

1

100

—

4M-4s
4M-4s
4 M""4S

101.2
101.4

J&D

101

5s 1968-1977

101.21 101.25

4Ms May 15 1942—.-M&N
4Ms Sept 15 '50-'40—M&S
4Ks Oct 15 '56-'46-__.A&0

1

to 3.75

less

3.50
3.00

101

5s 1961-1967

100.22 100.26

100 M
108

6 1.25
103 M
6 2.80
6 2.75

to 3.40
to 3.40

6 1.00
6 1.00

CANADA—See

100.17 100.19
101.10 101.12

.M&S
.J&J
J&J

to 3.35

_

ARKANSAS

Y ield.




3.00

5s 1943-1948
5s 1949-1953

INSULAR

3s Dec 1 1948

less

6s Jan 1 1946
J&J
5s W W 1940-1950
J&J
Phoenix Un H S D 4 Ms 1948
Prescott 5s 1948
J&J
Tucson 5s Water 1950.
J&J 6

TERRITORIAL AND

Hawaii (Territory)—•
lMs Sept 1 1944
2.10s July 20 1942
2 Ms July 10 1954

3.25

Highway 6s Jan 15 serialiy.
Oo Ct H'se 4s 1940-48 J&D
Phoenix 4Mb '50 opt *30-J&J
4Ms 1940-1956—
-J&J

112M

101.1

to 3.15

.

1975-J&D 6 1.25
J&D 6 par
J&D 6 0.50

-

3.65

School No. 1 5s 1945—-J&J

107 %

101
101.2

1.00

,

-

Maricopa County—

5s 1954-1960
-

1% Nov 15 1941.

to 3.30

3M 1940-54
3 Ms ser A 1940-1977-J&J
3 Ms ser B Jan 15 *77 J&J
3 Ms 1948-1958
J&D
2M 1955-79
J&D
2s 1940-1942
A&O
3s 1943-1949
A&O
Los Angeles City High Sch Dig
5 MB Nov 1940-1960- -M&N
5s 1940-1964—
F&A
4s 1940-1961
J&D

%

ARIZONA

.

to 3.30

^

Tuscumbia refunding 1 %to4 %

ser

to 1.50
to 2.10

to 3.30

3

81M

107
4Mb 1940-1958——J&D 6 2.50 to 4.10 %
Gen fund 4Ms 1941-66 J&D
105
102 M

112M

3 MsMay l'55opt'45--M&N 107
M
4s July 1 '46 opt '44-.—J&J
112M

Ref 4s 1940 to
3 Ms 1940-1977

1.00

To
Net

to 3.90

1.00
1.00

6
6
6

Los Ang Co 4Mb

6-2,50.

1054s

J&J 6

Ask

M&8 6 1.00

1940-1969-

5s Municipal 1940-61—F&A
5 Ms Harb Imp '40-*61 M&N
3 Ms Sch Dist 1940-61 - - J&J
Electric Plant Revenue-—
_

—

.

♦

LosAngeles (City) Concluded—
3M» Water 1940-1941-A&O 6 1.00
4Mb Water 1940-1970-A&O 6 1.00
4Mb Sch 1940-1944—J&D 6 1.20

2.30

Mobile Co—

107.27
G 1942-1944..-J&J 104.19 104.21
1 Ms ser M 1945-1947. -J&D
101.22 101.24
Ms May 15 1941
100.19 100.21
Ms May 15 1940
100.4
100.6
Federal Land Bank — Farm Loan
Bonds
3s July 1 *55 opt *45.-.J&J 106
106 M
3s Jan 1 '56 opt '46
J&J 106
106 M
3s May 1*56 opt '46—M&N 106
106M

„

103
104

or

Bid

Bonds

Birmingham—

-

2Ms

to 2.65

5s schools 1940-1947—J&J & 2.00
BessemerNew ref various coupons95

108.11 108.14
J&J 105.11 105.14
_M&N 108.7
108.10
2Ha 1942-1947-...--.M&S 105.2
105.5
Federal Home Loan Banks—
2s Dec 1 1940——
101.18 101.22
2s Apr 11943---.
102.12
102.6
Home Owners' Loan Corp—
3s ser A1944-1952.
_M&N
107.29
3s 1942-1947
3s 1944-1949-

b 2.55

Bridge Auth. 4s July 1 1957-

—

1 H% Mar 15 1941

to 2.50

State Bridge Corp 46 1940-1951

106.14 106.15
108.24 108.25
107.18 107.20
105.15 105.16

100.9
101.25
102.13
102.17
102.18
102.24

to 2.30

b 1.25

To
Net

Anniston—

102.31
2s Dec 15 1947—
.-J&D 104.17 104.21
2s Dec 15 1948-50
J&D 103
103.2
3s Panama Canal 1961
Q-M 121
3s Conversions 1946
Q-J 112
3s Conversions 1947——Q-J
U S Treasury Notes

Ask

refunding 1941-1954—J&J
3Hb refunding 1955-1965.J&J

4s

111.28 111.30
110.18 110.20
110.10 111.12

1054
102.3

or

Bid

Bonds

4M« 1942, 1946, 1949—M&S b 1.50
4s pub highway 1949-51.M&S b 2.40

19.

120.4
114.30
114.25
102.16
104.24
109.23
105.16
109.29

111.11 111.13

107.28
109.5
108.9
2 Ms June 151951-1954 J&D 107.11
2 Ha Sept 15 1956-1959 M&S 106.22
2Ha June 151958-1963 J&D 106.17

2Mb Dec 15 1969-1965 J&D
2Ha Dec 15 1945——J&D
2Mb Sept 15 1948:
-M&S
2Mb Dec 15 1949-1953 J&D
2Ha Sept. 15 1950-52.M&S
2Ms Dec 15 1951-53—J&D

Ask

bid and

Yield basis

Yield Basis

To
Net

or

Bid

Bonda

.

„

possible for the closing day of the month preceding the date of issus

Yield Basis

1H% Mar 15 1940
1M% June 15 1940
1 H% Dec 15 1940

.

„

1

J&J 6

CONNECTICUT
Funding and building bonds—
%
1MB 1940-1943J&D 6 0.15
%
1Mb 1944rl958
J&D 6 1.10
2.65 Branford (T) 2s 1940-57-J&D 6 0.25

I

to 1

%

to 2

to 2

%

5s Refunding 1940-48—J&J
2Mb Refunding 1940-47 J&J
1Mb 1940-1948
J15&D15
Bristol 5Ms 1940-1957—J&D
Cornwall 2s 1940-1956 —A&O

3.20

to 1.00

%

to 1.75
to 2.25

Bridgeport—

6 1.50
6 0.25

to 3.00

0.25

to 2

0.25

to 2

0.25
0.65
0;40
0.40
1.00
0.40

to 2

%

to 1

to 2
to 2

to 2

to 2

%

%
%
%
%
%

6 0.50
6 0.25

to 2.00

6 0.25

to 1.75

6 0.50
6 0.25

to 2.25

tax'le-A&O 6 0.60

to 0.50

1Mb 1940-1958--A&O 6 0.25
(Town)—
4Mb School 1940-59—M&N 6 0.25
2s 1941-1965
F&A b 0.25

to 2.00

F&A 6 0.25

to 1.25

^I^Ms^und 1941
Darien

to 3.00

%

91
6 1.00

to 3.00

%

Fairfield (County)—

1MB 1940-1954
1 Ms 1940-1953

50

2.00

to 2.25
to 2.25

^

1Mb 1940 to 1950—-—J&D 6
1MB 1910-1949—A15&015 6
Greenwich3s 1940-1944--F&A 6
1Mb 1940-1947———F&A16
Hartford—

53 M

to

East Hartford

1Mb 1940-19456 0.25

%

to 1.75

0.25

to 1.50

1.40

0.15

to

0.15

to 1.20

0.15

to

1.50

I

M&S!6

0.15
M&N 6 0.15
M&S 6 0.15

to 1.50

%

6 1.25
6 2.75

to 3

2s 1940-1959

to 3

6 2.75

to 3,

3 Ms Bridge 1954-1955-J&D ......
4s Water 1940-1949...J&D 6 0.25 to 1.50 %

Jan., 1940]

AND

STATE

93

BONDS

MUNICIPAL

Quotation* for all securities are as nea' as possible for the closing day of the month preceding the date of issue
Yield Basis

Yield Basis

Bonds

To

or

Bid

Ask

Hartford

(School District)
*4 Ms Northeast 1959-J&D
♦3 Ms South Sept 1955.M&S
Hartford County—
Metropolitan District
2 Ms Wat Sup '4077M&N b 0.15
2 Ms 1940-1978
J&J b 0.15
Manchester *4 M s 1940-44M&N b 0.15

2.00

1.75

to 2.50
to 2.50
to 1.25

Meriden 1 Ms 1940-1943—J&D b 0.25
Kb 1940-1944
M&N 6 0.15
Middlesex County—

to 1.10

1Mb Bdge 1940-1955-M&N
New Britain (Co)—

to 1.50

6 0.15

F&A 6 0.20

2s 1940-1951

to 1.00

to

1.75

Bldg 1948—J&J
School 1940-52-F&A 6

♦4Kb

0.25"

to

l".90

New Haven—

4M» Imp 1940-1952__M&N
4 Ms Funding 1940-'48-J&D
1MB 1940-1948
J&D15

6 0.40

to 1.75

6 0.40

to 1.65

6 0.40

to

1.50

New London—

-

„

-

-

to 2.50
to 2.00

0.50
0.50

to 2.50

Certificates of deposit.
Extl s f 7s 1957 3d ser.A&O

4

(City)
Ma Sewer 19

3 Ms 1940-1971
A&O
3 Ms Sewer 1947-T0-J&D15

to 2.50

1.50

to 2.50

2s Incinerator 1940-59J&J 15

0.50

to 2.25

A&O

0.50

to 2.25

Norwalk (T) 4kb 1942..J&D
Norwich 4kb 1940-1965.M&8

1.00
0.50

to 2.75

1H* 1940-1959

0.50
2kb 1940-1959
J2&J2
2s P I Fund 1940-1959.J&J 6 0.50
2s 1941-1954
M&S 6 0.75

2Mb

1940-1955

F&A 6 0.25

M&N

1910-1952

6 0.25

10

4s 1940-1941
4s 1942-1948

—

—

-

to 2.00

5 f extl loan 4s Apr *72. A&O
2% Treasury notes 1948.
Australia (Commonwealth)—
Extl 5s July 15 1955-J&J15
Extl 5s 1957.
M&S
Extl 4Mb 1956
M&N
Austrian Govt 7s 1957—J&J

to 2.30
to 1.25

to 1.75
to

1.75

to

1.75

0.50
1.10

to 1.90

1.75

to

0.50

to

to 1.75

1.25

1.85
1.80
to 1.90

82 M
82 M

s

94 M
101 %

Berlin 6Ms 1950
6s June 15 1958

A&O,/
J&D/ 11
19M
Bogota (City) extl 8s *45. A&O
15

Certificates of deposit
Extl s f 6 Mb 1947
A&O

Extl

s

22 M

35
30
35

II*

to 2.10

1.75

to 2.10

14M
Extls f 6Ms (1927) '57.A&O
14M
Funding 5s 1931-1951. A&O
17 k
Funding scrip
/ 30
Bremen (State) 7s 1935—M&S
14
6s 1940
—-M&S
10

0.25

to 2.10

.

to 0.50
to

1.25

f 5s of 1957
S f 5s 1958
20-year s f 6s 1950

75

M&S
F&A
J&D

8

75 %
86

British 4% 1990 opt *60—-M&N
War Loan 3 Ms of 1932

Victory 4s due 1976
Brit Hungarian Bk 7 kb 1962.

65

70

115

118
73

Buenos Aires (Prov)6s'61 M&S
6s stamped 1961
M&S

109

111

97

101

Duval Co Road 5s 1955.-A&O 6 3.10
Duval Co School District

2.90

No. 1 5s 1910-1955— A&O 6 1.00
Escambia Co 6s Aug 15 1951100
Gainesville 5Ms July 1940
6 2.00
5Mb July 1941-1975
6 2.50

to 3 .30

Hillsborough Co 5s Oct 1 1943 103
Hillsborough Sch Dist No 4—
107
JacksonvUle—
6s Jan 15 1940-45—J&J 15 6 1.50
5 Mb Jan 15 194(M5.J&J 15 6 1.75
Refunding 2.60s Jan 1 1957
99

A&O
7Ms stamped 1947
M&N
6Ms stamped 1961
F&A
Scrip
Readjust 4M-4Ms '77.M&S
Ref

117

1.00
to

4.00
105
110

to 2.50

2.60
101

to

Lakeland

new refunding
76
Water & Light 6Ms 1940-50 6 2.00
6 2.00
5s July 1 1941-55
6 2.50
Marion Co Road 6s Feb 1 '52109
Road bonds 5s July 11952—
105
Miami—

Refunding 5s Jan 1 1964
Miami Beach—

Ref 3-4 M-6b Jan 1 1964
Orlando—

90
100

Orange County 5s 1944..J&J 6 3.35

103
3.20

J&J 6 4.00

3.80

M&S 6 3.75

to 4.10

6 2 00

5 MB 1945 1950
6s 1940-1950

to 4.20

4s 1961
Palm Beach (City of) 5s
Pensacola 4Mb ref 1941—

1958

100
6 3.25

&J
J&J

103
111

Pinellas Co ref highway 4s
98
Polk County 5s July 1 1940— 6 2.50
St Augustine ref 4s 1967
77
New refunding 3-5s
63
St Johns Co Road 5s 1946
104
_

_

5 kb

104
1944
M&S
St Petersburg—
Refunding 3-5s Oct 1 1972
71
Suwanee Co Road 5 Ms 1946— 6 4.25
Tampa—
5s June 1955 opt *25
99
J&J
5s W W Purch '40-72.F&A 6 2.00

4Kb Impt 1937
Ref 4s 1943-1965
West Palm Beach

102

3.00
105
114

100

2.00
79
65

s

f

J&J

II*
ID*

1968.M&N
7Ms 1946
J&J

Certificates of deposit

25
Oali(Oolombia)s f 7s '47.M&N
Callao (Peru) 7 Ms 1944. -J&J
5M
Carlsbad (City) s f 8s *54. J&J /
Cauca Val (Dept of) Colombia

Connecticut,




7 Ms 1946

A&O

14
15 M
15 M
18

4.00
100
4.00

102

105
101

5 Ms of '26 ext 1st
5 Ms of *26 ext 2d

ser

74
74

1969

"72"

ser 1969
ext 7s *45 M&N
Duesseldorf 7s to 1945—M&S

Dresden (Ger)

Certificates of deposit
Estonia (Rep of) 7s, 1967 J&J
Finland (Repub) 6s '45.M&S

73 k
83 M

15
90

40

Frankfurt-on-Main (Germ)—
7s 1939
7s 1940

83 M

A&O
A&O

IS*

7s 1941-1945
—A&O
Extl s f 6 Ms 1953
M&N /
French Government—
,

7s ext of 1949 stamped-J&D
7s plain 1949
7 Ms ext 1941 stamped J&D

"~9M

"19M
107 M
105 M

101M
105 M

?Ms plain 1941—

_

Funding 3s 1946.
58 k

20

18 M
35

iIk
15 M
25

12

1M

3

12 M

6s Oct coupon on 1960
A int ctfs 1938—A&015
Central Bank of Germany—
6s A 1952
F&A
6sserie8 B 1951
A&O
Chilean Cons Municipal Loan

f
f
f

Cons munic 6s 1947
J
German Govt Internat—
5 Ms loan of 1965
J

Extl at 7b 1960 ser A.-M&S
7s assented 1960
M&S

Chili (Rep) ext 7s 1942.M&N
7% assented 1942
Extl s f 6s 1960
A&O
6s assented 1960
Extls f 6s Feb 1961 —-F&A
6s assented Feb 1961
Extl s f 6s

6% assented 1963
Chili Mtge Bk 6 Ms *57 J&D31
6 Mb assented 1957
S f gu 6 Mb Jne 30*61. J&D31
6 Ms assented 1961

/Flat price,

k Last sale,

n

Nominal,

12

K

12

8M
5K
12

7H

2
Scrip
f
German Prov & Comm Bka
(Con Agr Loan)6Ms'58 J&D f 12 M
f
Graz(Mun) Austria Ss'54M&N J 11
Gt Brit & Ireland—See British
Greek Govt s f 7s 1964—M&N f 23 K
7s part paid 1964
M&N f 14 34
Sink fund 6s 1968
F&A f 18 M
6s part paid 1968...F&A f 14
h
Guatemala 8s 1948
M&N f 35
Haiti (Rep) 6s extl 1952.A&0
84 M
6s 1953.
.A&O
Hamburg (State of) Germany
Gold 6s 1946
A&O
8h
Hanover (City) Germany 7s'39
11M
Hanover (Prov) Germany—

1st series 1957——F&A
6 Ms 2nd series 1949. --F&A

18 h
20
20

9
8

12M
9M
2%
25
13

20 M
16

45

90

13

9

uk
7
Heidelberg (Germ) 7Ms'50J&J
Republic (Greek)
Sec Wat Works 8s 1952 A&O
/ 30
Helsingfors (City) Finland—
Extl s f 6Ms 1960
24 K
A&O

20

10 M

Hellenic

35
35

13

13 M

17

17 M
13 M

Hungary (King) 7Ms '44-F&A /
Ext at 4M% to 1979..F&A

17M
13 M
17 M
13 M
17 M
13 M
17 M
13 M
16M
12M
16 M
12M

Irish Free State 5s 1960.M&N
Italy (Kingd) extl 7s '51.J&D

10*

15

15

17

17 M

13

13 M

17

13
17
17
17
13

M&N

f

See Munich Bank
Hungarian Cons Munic Loan
s
f g 7 Ms 1945
.J&J
Extl s f 7s Sept 1946--J&J
Hungarian Land Mtg Instit'n
Mtg 7Ms 1961 ser A..M&N /
8 f 7 Ms 61 ser B($bds)M&N/

13

6s assented 1962
Extl s f 6s 1963

-

17 h

30

Hessen.

13

1961
M&S

14

14*
12M
12M

f

6s

9

13 k

104

German Conversion Offer—

It

Farm loan 6s 1960
J&J15
6s July coupon on 1960—
Farm loan 6s I960—A&015

59

b Basis.

76M
76 M
92 M

13

6s assented Jan
Extl s f 6s 1962

73

Administrations—

5 Ms of '22 ext 1961
2d series 1961

to 1945
M&N
EI Salvador (Rep)—8s A 1948

15*

6s assented Sept. 1961
Extl Ryref 6s Jan 1961-J&J

107

74

Duisburg 7s

15

Sept. 1961. -M&S

107

57

J&J
M&S

Refunding 2-5s

Tax free in

Customs

7s unstamped 1949

6s

Refunding 4s 1940-62.F&A

74

Bulgaria (Kingdom)—

Ceara (Brazil) 8s 1947
J&D
Cent Agricul Bank (Germany)

92

Trustrcts4Ms 1962 A&O 15
Dominican Rep 5Ms '42.M&8
2d Series 1942.

f

99

3.75

58

1955

f

108

to

10

F&A

5Ms

58

Certificates of deposit
sec 7s 1948
J&D
Certificates of deposit...

to 3.75

67

Ext'l

I*

Farm loan 7s 1950—M&Si5

1940-1950—M&N 6 2.00
Ref 4Mb n on-opt 1947-56— 6 3.00
New Smyrna—

-

17 M
35

40

Extl

112

100M
'• '75

55 M
38M

—

1.50
to 3.60

97 M

5Ms

1952-1953

78
to 4.00

58

103

50

-

47

.

£>6dn County 5s July 1 1940—

15M

56 M
56 M

Sec s f 7s 1967
Stabil loan 7 Ms

75

17

f 4M-4M8 76—-F&A
re-adj4M-4Ms 76A&O

Caldas Ext

60

70

1955

1953

3H

81*
78

s

42

25
16

M&N
M&N

Ext re-adi 4M-4Ms'75M&N
Extl s f 4s S bonds 1984.J&J

Extl

45

F&A

it

79 M

57

"35"

M&N

5b

63
76

7s stamped 1952

100

99

.

6M

35
30

35

(Republic)—

f 7s 1951

3 M

5

Bud'pest(City)6sJ'n'3ocoup'62

71

Special Tax Sch Dist No. 2
Ref 4s 1956-1967...M&N
Ref 3 Mb 1940-1947 .-M&S

81M
71 M
80 M

32
40

5Ms Cust Adm 1940..A&O
2nd ser 5 Ms 1940— -A&O

"

30-yr

Rica

sec s

5Ms

4

Brisbane (City) Australia—

to 1.35

Gables—
New refunding 2 M-5s 1977
Dade Co 5s Oct 1947-54.A&O

*

20 M
35

24

A&O

40

Danzig Port & Wat Ways Bd
Extl sf 6Ms 1952
J&J
Denmark ext 6s 1942
J&J

20

26 M

Brazil 8% ex 1941
J&D
7s Cent Ry elec 1952—J&D
Extls f 6M» (1926) '57.A&0

17

"31"

"52"

48

70M

J&J

Cundinamarca Dep (Colombia)
Extl s f 6 Ms 1959
M&N
Certificates of deposit
Czechoslovak Republic—
Ext s f 8s 1951 ser A.-A&O
Ext s f 8s 1952 ser B—A&O
Danish Cons Municipal Loan

28

3K
2M
2M
3K

f 7s 1942

Extl g 4Mb '49 opt-„-F&A
Extl 4 Ms 1977
-J&D
Extl g 5s 1949
...F&A

-

22

24

J&J
M&S

f 7s 1969

'

103 M

21

(Rep) Ext 8s '47 M&N

6s 1940

105

26 M

Bogota (Mtge Bk) 7s May *47
Certificates of deposit
7s Oct 1947
A&O
Certificates of deposit
1958

_

s

Extl s f 5 Ms '53
J&J 15
—5 Ms Pu b Wks June30*45J&D

'"38"

97

13

70

Funding 5s 1951.
Costa Rica Pac Ry 7Mb 1949
5s 1949
—M&S
Cuba (Rep) 5s 1944——M&S

o

30

7
99

to 2.10

Coral

Road

—

11M

Belg Govt extl 6M8 1949 M&S
External s f 6s 1955
J&J
Extl s f 7s 1955
J&D

to 1.00

Columbia Co Road 6« 1955..

5s

84

26

Bavarian Palatinate 7s '45 J&J

Extl 7s

...

85

26

36

Barrauquilla 8s 1935-40-46-48
Bavaria (Ger'y) 6 Ms '45. F&A

0.25

FLORIDA

5s

80 K
85

Extl
Ext

q

f 7s 1951

13

1!*

50"

Costa

81

if*

J&J
Banrof Colombia 7s '47.A&O
7s 1948
..A&O
Baden extl

_
-

54 M

s

7s stamped 1937
Cordoba (Prov) Argentina—

w-

—

.F&A

7s stamped 1957
Externals f 7s 1937.--M&N

80

0.25
0.25

Brevard County School Tax
Districts No. 1 & 4 Refund

f 7s 1957

16*

88

80

17

"20"

(City)—

Extl

79 M
79 M

-A&O & 1.25
A&O b 0.25
A&C 6 0.50

5s 1947-1949

Cordoba

Sf extl loan 4s Feb '72. F&A

—

Ask

-

25*

53

-

Bolivia

&

uk

Certificates of deposit—
8s 1946

21*
15*

17

to 2.25

DELAWARE

2Kb April 1 1940-1947
6
2Ms April 1 1948-1957
6
6
April 1 1958-1966
highway 1940-1979. -J&J 6
tent Co 4Mb 1945-1950.M&S 6
New Castle Co—
6 Ms
1940-1944
J&J 6
Sussex Co 5s 1940-1970—J&J 6
4Ms 1910-1953
A&O 6
Wilmington—
4Mb Bldg Con '53-*62 M&S &
4Kb 1940-1958 (s-a).-A&0&

25*

to 2.25

toT.50

J&J 6 0.25

25

69

4Kb Mar 15 1940-49..M&S 60.25"
West Haven (School Dist)—
*4 kb 1940-1956
M&N 6 0.25

J&D

__

—

,

15

94

to 2.20

2kb 1940-1953.

94

93 M
87 M

6 0.25
2s Relief 1940-1944..-M&N 6 0.50
West Hartford 4 Ms 1943 J&D

Windham (Township)—
4s 1940-1952

35

66 K

Ridgefield (High School)—
1Mb 1940-1963
J15&J b 0.50 to 2.25
Stamford (C) 4s 1942
M&N
2kb 1940-1961
..M&N 6 0.50 to 2.25
Stamford (Town)—
*4Kb Sch 1910-1965
M&N 6 0.25 to 2.25
1 Ms 1941-1950—
A&O 6 0.50 to 1.75
Suffield 1 *ab 1940-1959;. J&J,frH.25 to:.2,00
Toffrpgtbn 2 Jis r940-'57 A&O 6 0,25 to 2.00
Waterbury—
5s Water 1940-1971
M&N 6 0.50 to 3.00
5s Funding 1940-1943.M&N 6. 0.50 to 1.25
4Kb Sewer 1940-1955.-J&J 6 0.25 to 2.30
3s Street

30

17
25

i;*
u*

1962

7
Hukuang Rys 5s £„ J&D 15 /
12
2 M-5s 1954..
11
Cologne Germ'y 6Mb'50-M&S
Colombia Rep 6s 1961. -J&J
Certificates of deposit
26
6s Oct 1961
A&O / 30 M
Certificates of deposit
/ 26
Funding 4s Jan 1 1946/ 78
Colombia Mtge Bk—
20-yr s f 6 Ms 1947
A&C
Certificates of deposit
Sink fd 7s (of 1926) *46 M&N
Certificates of deposit
Sink fd 7s (of 1927) *47 F&A
Certificates of deposit
f 21
43 %
Copenhagen 5s June 1 '52 J&D
Extl g 4Kb 1953
M&N
41K

35

Antwerp (City) extl 5s '58 J&D
Argentine Repub—
4 Ms s f extl loan 1948.M&N
Extl s f conv 4Mb'71.M&N

0.75

,

'

Certificates of deposit—
s f 7s 1957 1st ser.A&O

15M
/ 11M
J&D/ 14 M
J&D / 13^

M&N /

6s stamped 1931
Chinese Government—

35

/ 15 M
/ 11M

1961

6% notes 1931

25

11

Certificates of deposit—
Extl s f 7s 1957 2d ser.A&O

Norwalk

Bid

1962
6s assented

35

"35"

10

Extl

6 0.50

6s assented

6s

30

11

Certificates of deposit—
Extl 8 f 7s ser D 1945.-J&J

1MB 1940-1954

J&J

Bonds
Chili Mtge Bk (Concluded)—
8 f gu 6s 1961
A&O

Vgricul Mtge Bk (Colombia)
6s 1947
F&A f 27 k
25
Certificates of deposit.—
27
6s 1948
A&O
25
Certificates of deposit—
26 M
7s 1946
A&O
25
Certificates of deposit.
26 M
7s 1947
J&J
25
Certificates of deposit
Akershus (Dept of) 4s '68 M&S
Anhalt 7s to 1946
M&S / 11
Antioquia Col (Dept of)—
10
Extl s f 7s ser A 1945—J&J
11
Certificates of deposit—
10
Extl s f 7s ser B 1945—J&J
11
Certificates of deposit—
10
Extl s f 7s ser O 1945.
J&J

4Ms Water ret 1950—F&A
J&D 6 0.50

2s 1940-1969

or

Ask

FOREIGN GOVERNMENTS
AND CITIES

....

4s Munic

Yield Basit

or

Bid

Bonda

Net

17
13

15M
11M
15 M

11M

17M

8

7%
7%

8

6M
6K

8M
8M

if*

*30
93

70

70M

24

25

Prestito Redimibile 3Ms

Specified

19

21

Ital Credit Consortium for
Pub wks ext 7s B'47 M&S
Pub Util Credit s f 7s'52J&J

68 M
52

75

Japanese Government—
Sf 6 Ms 1954

79

80

60

61

57 K

58

51K

52 %

unspecified

....

F&A
M&N

Extl s f 5 Ms 1965
Oriental Dev Co 6s'53_M&S
Orient Dev Co 5Ms'58M&N

54

94

STATE

MUNICIPAL

AND

quotations for all securities are as near as possible for the closing

Yield Basis

Yield Basil
To

or

Bid

Bonds

Foreign Govts, and
Cities (ConeM
Jugoslavia (Kingdom)funding s f 5s 1956—-M&N
2d ser funding 5s 1956 M&N
State MtgeBk 7s 1957. A&O
Leipzig (City of) 7s 1947F&A
Lima (City) Peru—o
^
_
Eztl s f 6Ms 1958-—M&S
Certificates of deposit
Lower Aust (Prov)7Ms'5QJ&p
Luneberg (City) 7s 1948.M&N

Ask

30

21

19

9M
8%
8
f 12

11

Maranhao (State) Brazil—
Ext s f 7s 1958-----M&N /
Medellin (Munic) (Colombia)
7s extl Dec 11951J&D
Certificates of deposit... f

9M

10M

9M

—J&D I

Certificates of deposit— f

12

25
15M
25

■

12

Mendoza U*ov) i^gentina—
97
7 Ms extl s f 1951
J&D
StampedJ&D / 77
70
4s extl readj $ bds 1954-J&D

4 Ms

(May * 14 coup on) 43 M&N
Stamped assented.-—-—

/

15
19

8%
8X

V

7

14

J&D

14
11

Extl 7a 1962 aer B—M&N
Silesia (Prov) Poland—
Extl sf 7s 1958—
J&D

11%

4X8 assented 1958

12

^extwna^reacUust01979J-

%

Ontario (Prov) 6a '43—M&S15
5 Ms 1946—
J&J
5s 1959
-.M&N
4Mb 1944...
—.M&S
4Ms Jan 15. '40-'47_. J&J 15
4 Ms Jan '15 *48-'57-J&J 15
4 Ms 1940-1970—M&N 15
4s 1941
M&N
4s May 15.1940-43.M&N 15
4a May 15.1944-57.M&N 15

13
12

4s

Debenture 3s 1950
Debenture 3s 1949

IX
1H

5s assented 1945-------4a of 1904-1954J&D
4s assented 1954—--J&D
Extl 4s of 1910 (£20 pieces)
£100 and £200pieces....
Treas 6% notes'23 extto 33
£20 pieces - - - - £100 and £200 pieces----

"I
1H
IX
IX
IX
52X

-

51'

Milan(Italy)ext 6 Ms 52.A&0
Minas Geraes (State) Brazil
Extl 6Ms 1958—-—M&g
Extl 6 Ms 1959 ser A—M&S

8
8

,

....

Montevidea.(Cits)'
Extl

s

9

l&Hh
35

f 6s 1959

39
57 M
20

"52"'

3 Ms

42 M

53

St

4MB extl sk fd

74
91

92 X

91

W*

75

76

73
72
80

17M

80

„

106 %

II* IP
50

4Ms assented 1968
A&O
External 8s 1950-.- —J&Jf
4%b assented 1963
J&J
Dollar funding 3s 1956-A&O /
Porto Alegre (City) Brazil—
Sinking fund 8s 1961—J&D /
S f 40-yr 7Ms 1966—-J&J/
7s 1968F&A /
Prov Bank (Westphalia) 6s *33 /

9

9%

6M
9%
9X
9X
7%

7%
9%
9%
9%

6%

""9%

12%

....

8%
6%
6%

II

5

6s 1936—5s 1941--

/
/

-

7%
7%
6X

11%

"7%

13
10

8

Prague (Greater) City—__
7Ms loan of 1932-52..M&N /
Prussia 6Ms 1951—M&S IS jr
6s 1952
A&O/
Queensland (State) 7s '41 A&O
Ext g 6s Feb 15 1947 F&A15
Bio de Janeiro 8s 1946---A&O /
Extl s f 6Xb 1953
F&A /
«Hsl959
/
a.moo
v
6s 1933
/
Bio Grande Do Sul (State)
Brazil ext a f 8s 1946—A&O
7s extl s f 1966
M&N
Extl a f 7s 1967
—J&D
Extl a f 6s 1968
-J&D
Rome extl a f 6Ms 1952..A&O
-

Roumania

10%
1X
11^
97 X
90^

F&A/
paid— '
1919...
5M% ext loan Da~ 1921
Saarbracken (Ol cy) Uertr «*uy
Extl a f 6s 1953
—-J&J,
U&S /
(Mtge Bk) 6s ser 4

8

7X
7X
6
c

8X
m
7%
7%
60 X
6 Ys

6s series B 1947—-A&O
Salvador 7s 1957—.——J&J
Certificates 8* depositis

scrip
8a 1948

...

_

8a ctfa of deposit 1948—
Santa Catharina (Brazil)—

I*
61

f Flat price,




9%

X
%
7

li
22

10
10

8X

I*

8%

17

14M

8s 1947F&A
San Paulo (Brazil) State of—

8% external loan 1936.J&J
Extl 8s 1950-—J&J
Extl 7a 1956---M&S
Extl s f 6a of 1928.1968 J&J
Sec a f 7a 1940———A&O
Santa Fe (City) Arg Rep extl
7a 1945..—
A&O
4a 1945 stamped
A&O
Santa Fe (Prov) 7s 1942.M&S
is Stamped 1942
Bantander (Dept) Colombia
Extl a f 7s 1948
A&O /

80

89

93

88%
79%
93 M

78M

81

54
54
52

52
52
52
51
51
51

51
51
50

95
95
92

83%
101%
83
!

87%
87
88

107M
56
56
54

54
54
54
53
53
53
53
53
52
97
97
97

70
70
80

93
75
75
75
90

90

100

Hamilton—
4s Elec L & P1941.
A&O
Lachine P Q 5s 1954—J&D

79
83

84

Manitoba (Province of)—
Debenture 6s 1947
A&O

79

5 Ms 1942
S Fdeb 5 Ms
5s 1943
5s 1944—
5s 1959

M&S
1958—J&J
—

J&D
-J&D

J&D
4Mb 1945——M&N
4Ms 1951
F&A
4 Ms 1956—
—J&D
4s 1957—
-J&D
3Mss fdeb 1949
-F&A
Montreal 5s Dec 1, 1945-J&D
5s a f Nov 1. 1956.—M&N
4Ms May. 1954—
4Mb Jan, 1944.-—
J&J
4 Ms 1940-1951——A&O 15
4Mb June 1. 1971
J&D
4s May 1.1944
M&N
Metrop Co 4 Ms *53:54&'61
4Ms May 1. 1965—M&N
Harbor Commissioners—
5s Nov 1. 1969—M&N
-

"16

8 f deb 5 Ms
8 f deb 5 Ms

M&N
J&J

J&J
M&S
4Mb 1960
A&O
4Ms non call 1958-M&N 15
Debenture 5a 1960
4Mb 1955

14

m

1950—
1952—

8H

4Mb

s

f Apr 15.1961 A&015

8 f deb 3 Ma

24

3Ms

s

1948——A&O
f deb 1946— -J&J

J&J
5-yr 3% debs July 1 1944..
10-yr 3 M % debs July 1 1949

3s
69

69%
92

96

74

75

20X

22

n

s

f deb 1941—

85

83
90

77.
83

81

83
77
81

87
80
85
78
78

74
74
71
70
82
8781
81

88

75
75
85
89
84
84

76
75
75
78
78

80
81
81

107

108

85
85
96

89

93

93
92
92
78
78
80
89
88

North Vancouver 5s '60..J&J / 20
Nova Scotia (Province)—
Deb 5s I960
M&S 101
Det> 4Mb Sept 15*52 M&S15
96 %
Deb 4Mb 1960
96
M&N 15

Nominal.

J&D

5s
5s
5s
6s

103
103

75
74

79
77

76
76

79

95

100
97 M

72
71
70
63
63
60

J&J2

Mar"l5"l966rr.'.'M&S

1940
1945
1950
Jan

90
75
73

74
66
66
63

104
im

100
85
85
90
94
90

93
97
93

89

92

..

Boise City 4Mb 1951
J&J
Boise City Ind Sch Dist No. 1

98

102 M

& 1941 var........
& 1946 var...—
& 1951 var—

6s Oct 1 1940-1944...

79

125
99 M
to 4.00 %

J01

15 1970—.J&J14
87
82
4Mb 1942 and 1967—F&A
Verdun deb 5s 1954
80
94
Winnipeg. Man 5s 1944..A&O
4 Ms non-call 1944-.M&N
90
4Ms June 1 1946
85
J&D
85
4M8 June 15 1950—J&D15
4s Aug 1 1946. —..F&A15
85
GEOBGIA
4 Ms ref 1940-1945—
J&J 6 1.00
Albany 5s 1945
J&D 6 2.50
Appling County—
Road 5s 1949-1953.
6 3.50
6 2.20
Athens 4Ms June 30 1943
Atlanta 4 Ms Jan 1 1940—J&J 6 1.25
5s Water 1940-1951
J&J 6 1.25
4Ms 1940-1956
—J&J 6 1.25
Ref 2 Ms 1940-1967—-J&D 6 1.25
Augusta 4Mb Flood '42-M&N 6 2.10
Bibb Co 4Mb 1948-49—M&Nt6 2.30
Chatham County
Road 4Ms 1940-1949-F&A'6 1.25
Clarke Co 5s 1940-1944—J&J 6 1.25
Columbus 5e 1940-1944.—J&J 6 1.25
Crisp Co 5a '40-'57
F&A 6 3.00
Dougherty Co 5s *40-'48 M&S 6 1.00
Muscogee County
Road 4 Ms 1940-1956.. A&O 6 1.25
Pulaski Co 5s 1940-1948—J&J 6 1.50
Savannah 4Msref 1943—J&J 6 1.50
4Ms Drainage 1944—.F&A 6 2.00
4Ms Refunding 1959-F&A 6 2.50
2Ms 1943-1967
J&D15 6 1.50
Spalding Co 5s 1940-'49—J&J 6 1.25
Swainsboro 6s 1940-50—A&O 6 2.50
Valdosta 5s 1940-1942.
Jan 6 1.25
Ware Co 5s Road 1940-49 J&J 6 1.25
Woodbury 6a 1940-1949.J&D 100
IDAHO
4Mb ref 1940-1945
A&O 6 1.00
4s ref Jan 31 1940-1941
Amer Falls Reservoir Dist—
_

106
110
105

90
92
90
98
94

89
88
88
to 2.00

2.25
to 3.75

2»
to 2.25
to 2.25
to 2.25

2.00
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
2.25

to 2.25
to 2.50

to 3.00
to 1.50
to 2.50

to

90

80

89

99
95
95
94
94
82
82
85
92
91

104
99

99M

4Ms June 30 1940-1954
ILLINOIS
4Mb Serv Comp *40-*43.Aug 1
4Ms Serv Comp '40-*43.Aug 1
4 Ms Serv Comp '40-'44_Aug 1
4s Highway 1940-1943 .May 1
4s Highway 1945-1954—M&S
4a Highway 1955-1958—M&N
3 Ms Emerg Rel '40-'47 Dec 15
3 Ms Emerg Ref '48-*54 Dec 15
Bloomington—
4 Ms Water
1940-1961 opt 1952 M&S

to 1.50

to 3.00

6 1.50

to 2.50 %

.50

6 0.25

to 0.80

6 0.25
6 0.25

to 0.85

6 0.15

to 0.80

6 1.10

to 1.70

6 1.75

to 1.85

6 0.30
6 1.40

to 1.30

6 1.50

to 2.60

to 1.00

to 1.75

1.35

6 0.50

to

to 1.85

6 0.50

to 1.00

6 1.90

to 2.10

-

4s 1949-1950
4 Ms 1954

Board

1
2.25

3s ctfs Aug 11954

2Msctfs Feb 15 1958-59
3 Ms 1952 opt 1945
3 Ms 1953 opt 1946.
3 Ms 1955 opt 1951 —
4a 1941-1944
4s 1945-1948

%

to 1.25 %

6 1.50

3s 1957 opt 1941-1942...
3s 1956
opt 1945-1949
Water Works System—

f!00

6 2.50

Champaign County— '
5s Road 1940-1943—M&N 6 0.75
Chicago—
3s 1941-1944
3s 1945-1948..

1

105

—

87

New Brunswick—

1%

k Last tale

88 M

88 M
77

74
74

90
70

9

7X
23%

68

82%
82%
96%
76%
76%
70%

93

7%
13

80
80
96 X

85 M
106 H

103

100
101
101

J&D
M&N

4Mb 1940-1945———A&O
4Ms 1946-1961-i.—...A&O
4s £ July 1 1948—.
J&J
3 Ms July 1 1944
J&J
Vancouver. (B C)—
5Ms 1952
F&A

80
96 %

90

6%

8%

Apr 25. 1954—A&O 25

4Ms 1940-1946—J&D 29
4Ms 1947-1956
J&D 29
4 Ms s f deb Jan 23 '69 J&J23
Calgary 5s July 1,1945.—J&J
Edmonton (C) 5s *45&'50A&0
5ssf 1955 & 1960
A&O
Halifax N S 4s July. 1945—
5s Jan, 1951
J&J

lH

7X

..

b Basis,

\i"
99%
90 M

(Monopolies)

Institute its 1969
Feb 1937 coupon
Russian 6Ms June 18

Jan 15.1957——J&J
July 16, 1958
J&J
Apr 1, 1961
A&O
June 1, 1967—
J&D
Debenture 4s 1954
J&D
Brit Col (Prov) 5s *48—J&J 15

4Mb
4Mb
4Ms
4Ms

89

5s 1940-1950———J&J
As 1950-1959
—J&D

78
78
96 X

85
84

A&O

85

85
103

4s Nov 15 1957
M&N15
Toronto 6s 1940--.— J&J

80

Refunding 4Hs 1944.A&O
5s Nov 15 1941——M&N
Refunding 5s 1943
A&O
5s May 1952
M&N
Alberta (Prov of)—
Gold 5 Ms 1947.
J&J
Gold 5 Ms 1952
A&O

5s

^

•

4Mb

.....

81

4Ms Jan 15. 1942
Deb 4 Ms 1956

f deb 1952

4Ms July 2 1945.

78

81
101

J&J
A&O 15
A&O
J&J 15

87

80

50

59 M

M&S

Gold 5s 1948
5a 1950
Gold 5s 1959

84
84

1943 (non-call)
J&D15
5s 1959 (non-call)....M&N

58%

1% notes 1941—
M&S
1 %s 1942
M&N
2s 6-year 1944
J&D
2%a Jan 15 1944
J&J
8-yr 2%s 1943
J&D
7-yr 2^s 1944
M&N
10-yr 2Xa 1945
F&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 3Xb 1961 opt *56 J&J
15-yr 3 Xb, 1949
—A&O
20 yr 4s 1952
—A&O
30-yr4s i960
A&O

15-yr 4Xb 1940

80
80
83

5s

CANADA

80

102M
103 M
103 M
102

102
99
99

4Mb 1956
J&D
3s serial July 15 1940-1959— 6 2.00
Quebec City—
5a 8 F (non-call) 1960.M&N
87
Saskatchewan (Province)—

Dominion of Canada—

Panama (City) 6 Ms 1952. —40
Panama (Rep)ext5"^s 53 J&D fl 02%
M&N
70
Extl s r 5s 1963..--.

Poland (Repof) 6sl940—A&O /
4%b assented 1958—A&O
Stabilization s f 7s 1947 A&O /

47%

(American Dollar Quotations)

Guar s f 5s 1970------J&D
75*
Nuremburg extl 6s 1952-F&A /
Oldenburg (Free State) 7s 1945 / 11
Oriental Devel—See Jap Govt
71
Oslo s f extl 4Kb 1955—-A&O

Parana (State) Brazil 7s 1958Pernambuco (State ofj Brazil
Extl s f 7s 1947——-M&S /
Peru sec s f 7s 1959-- --M&S /
Nat Loan extl 6s 1960-J&D f
Extl s f 6s 1961. —A&O f

45 X

n

71

-------

43M

Wurtemberg 7s to 1945-M&N / If

58
50

s

4Mb 1961—

^.

1965—A&O

1963——F&A
Norway Municipalities Bank
Sk fd extl 4s

Stamped
5% scrip

external conversion 197941 %
3%-4%-4 5-16% extl
Oonv s f of '37 1978. J&D
44 M
4-4X-4%% extl readj a f
bonds of 1937-78
F&A
47 X
3Ms extl re-adj 1984—J&J
37%
Conversion scrip
/ 35
Venetian Prov Mtge Bank—
S f 7s 1952 ser A—A&O
45 X
Vienna (O) extl 6s '52—M&N /
8
Warsaw (City) 7s 1958--F&A /
6%
.

.

90

104

97

M&N

4Mb 1940-1944
J&J
4 Ms
1943-1960
—J&J
Quebec (Province)—
8-yr 2 Ma 1944
M&N
15-yr 3s 1951
M&N
3 Ms 1949
—J&J

8 F 4Ms 1946

Yokohama extl 6s 1961.-J&D

108

J&D
-F&A

Ottawa City 5s *40 *45...J&J
6a Munic Imp '40-'50._J&J
5s July 1. 1940-1956—J&J

44 H

43*

4Hs assented 1958——F&A
5%
Warsaw (Land M Bk) 8s 1941 /
5
Wcstpl^iarrraee-pE0Y.Bank..r ==~

54

Scrip.-——
Mtge Bank of Denmark—
Exch s f 5s 1972 ser IX J&D
Municipal Bank— ■
Hessen 7s to 1945-—-F&A/
National Bank of Panama—
4s ser A & B 1946-1947—- /
4s ser O & D 1948-1949
/
New South Wales (Australia)5s extl s f 1957-—
Extl s f 5s 1958-——-A&O
Met Wat Serv & Dr Board
S f 5Ma 1950
A&O
Norway
6s 1943-.-F&A
External s f 6s 1944—F&A
4 Ms extl sk fd 1956—M&S

100
100
97

To
Net

107M

F&A

-

4Mb Jan 1,1970—.J&J 2

^

88

84

Z%-4r4%% ($ bds of 1937)
1045..

100M
101M
101M

Ask

Hydro Elec Pow Com—

/ 12

-

107
87
106 '
102 M

May 15.1958-68.M&N 15

2s 1940
2 Ms 1944-

„

F&A

Bid

Bonds

5

J&D

Sllesian Landowners Assn—
1st mtge s f 6s 1947
-F&A

Sydney (City) N S W—
25-yr s f 5Ms 1955
Tokyo (City of)—

or

Net

5

5s of 1912-19527.
M&S
38%
Extl 8 f 5 Ms 1961
A&O
56
Tolima (Dept of) 7s '47-M&N / 18M
Uruguay 8s ext 1946
F&A / 52%
Extl a f 6s 1960-M&N / 49H
Extl a f 6s 1964...
M&N / 49M
3

75

Metrop "Water Service—
See New South Wales.
Mexican Irrigation s f gtd

.

Oollsf 6s 1947.—
M&S
ierba Croats & Slov (King of)
Extl 8s 1962.
—M&N

„

iw*

6Ms 1954

s

Sink fund 6 Ms 1946

/
/
f

Ask

i m
8

f 6 %b 1957.M&N 15
sec 6s 1943——M&N
Saxon State Mtge Institution
Sink fund 7a 1945—
J&D

23

/ 14
/ 12 M

Extl
Extl

Yield Basis
To

or

Bid

Bonds

Net

Sao Paulo Brazil 8s 1952 M&N

26

BONDS

day of the month preceding the date of issue

2.40

1.60
1.80
2.15
6 0.50
6 1.50

to 1.35

6 1.95

to 2.05

to 1.85

I

i
°.3Q

of.Educatlon—

3s 1957 opt 1941-1943
6
3s 1957 opt 1945-1947..... 6
3 Ms 1955 opt 1946

0.75
1.80

to 1.25
to 2.10

L80
1.40

4 Ms

1954 opt 1944....
Chicago Park District—
3 Ms 1956 opt 1946.
4s 1955 opt 1940-'44
4s 1955 opt 1945-*47
4s 1955 opt 1948-'55—-

—

1.90

6 0.25 to 1.60 %
6 1.80 to2.io;%
6 2.15 to 2.40,%

Jan., 1940]

MUNICIPAL

AND

STATE

To

or

Sanitary

Refunding 244s 1940-'41-F&A b 0.50

b 2.15

to 2.40

State

b 0.75

to 1.60

b 1.80

to 2.10

6 2.15

to 2.40
to 1.25

to 2.10
to 2.30

State Highway—

to 1.60

2.10
2.00

to 2.60

2.60

to 2.70

2Ms Dec 1 1940-1947

1.50

to 3.20

2Ms

1.75
2.15

to 3.15

to 2.25

4s

ser

V 1943-1955

3 Ha series S 1958-1960.J&J
3 Ms ser V 1950-1961..-J&J
3-3 M s June 15 1943-1962..:

102

102
to 2.10

%

INDIANA

6 1.00

to 1.75

to

if. 65

%

2.10

So Bend 4Ha W W '43.M&N

5Ms

h5
2.15
1.50

1941

to 2.90

1.50

6 0.25
6 2.50

to 0.75
to 2.75
less M

6 0.75

4 Ha 1940—
4Ms 1940-1941
Des Moines 5s 1940*57

M&N
M&N
J&J
4Hs W W 1940-42...J&D
6s Gen Oblia 1940
J&J

6 0.25

less

6 0.25
6 0.50

to 0.50

6 0.50

6 1.75

0s Ref Aug 15 1940..F&A15
4Ha Sewer 1940-47._M&N
2Ha 1940-1956...
J&J
Sioux City S D 5s 1941..J&J
-Woodb'y Co Fund 2Ms'42-'40

H

Kansas

4 Ha Wat & Light

4Ha

less

to

H

less

to 1.80

J&J 6 1,85
F&A

toJ..90

Bowling Green—5s 1955.J&J
Covington 4Ha '40-'50—A&O

102
102
101

100 M

101M

102

104

102

104

.

to 3.30
to 3.30

%
%

to
to

%
2.10 %
2.10 %

to 1.75

%
1.35

%
%

0.40
to 1.50
to 1.50

to 1.70
to

%
%
%

1.90 %

%

102

101
101

1943.M&S

F&A b 4.10

4.00

0.50

to 3.00
to 2.70

to 3.30

Tensas Basin Levee District—
5s Jan 1957
J&J b 3.80

3.70

MAINE

H'way & Bdge '40-'54_ A&O

4s Sept 1. 1940-1953
M&S
4s Highw & Bdge '40-44 M&N
4s State Pier 1940-1942..M&S
3 Ms 1940-1951
M&S

b 0.75
b 0.75

to 2.50

ft 1.50

to 1.90

6 0.75
6 0.75

to

102

3.75
3.90
3.90

tax-ex.J&D 6 2.50
Belfast 4Mb Ref *40-'50 M&N 6 3.50
Brewer High Sch Dist—
4Ms 1940-1945
M&N 6 1.00
Kennebec Water District—
4s Ref May 1, 1950..M&N 6 2.00
Old Town Water District—

3.60
2.80

1

3.90 %
102

Certificates of indebtedness—
3s 1940-1950
A&O
2 Ms 1940-1951
A&O
2Ms June & Aug 15 '40-'52_
2s 1941-1953
F15&A
lMs

1941-1953
F&A 15
lMs 1942-1954
F&A 15
Annapolis 4Mb W W '42.A&O
1940-1901
58 Gen Imp 1943-45

to 2.25

1

to 2.30

%
2.00 %
3.25 %

to 2.70
to 3.00

2.40

5a Water 1961
5s registered 1940

3.00 %

%

to 2.50
to

to

%
3.00 %
2.80 %

2.40

4s Mar

M&S

6 1.75

1.50

4s

M&S

6 2.00
F&A 6 2.50
J&J 6 2.50

1.80
2.40

4s Regis'd stk 1940-57 M&N
4s 1940-1944
A&O
4* 1950-1975
M&S
3 Mb March 1945
M&S

0.85

4.00

M&N

to 1.40

%

to 1.50

0.50

to 1.50

0.50

to

0.60

%

1.50 %
to 1.50 %

to 1.25
to 1.60

to 1.35

%

I

I

I

to 2.25

%

to 1.40

%

to

0.601 %

to 2.25

%
%
1.50,%
2.50 %
2.25 %

to 1.50

1.60
to 2.00,

%

1.60,%

2.00

1.90,%

2.10
2.15

2.00 %
2.05 %

1.20

to 2.20 %

1.50

0.25

2.00

to

to 2.25

%

to

6
6
6
6
6
6

0.60
0.25
0.25
0.25
0.25
0.30

M&N 6 0.40
A&O 6 0.25

to 2.00

1.60j%

to 2.75

%
%
%
0.50 %

to 2.00

to 1.90
to

to 2.00

%

to 1.60

%

to 0.75

%
%
%

to 1.60
to 2.00
to 2.25

2.50

A&O 6 0.30

Ref lMs 1940-1949...A&O 6 0.20
Quincy 2Ms 1940^17—A&O 6 0.20

to 1.90
to 2.10
to 1.25
to 2.25

%
%
%
to 1.75 %
to 1.6) %
to 2.00
to 1.00

to 1.50

to 1.50

I
1

to 1.55

%

M&N 6 0.20

to 1.50

to 2.00

2s

1940-1949.
M&S.6 0.20
Somer ville—
3 Ms School 1940-1954.J&J!6 0.20
1 Ms Relief 1940-1946.A&0.6 0.20

J&j!& 0,20
.M&S 6 0.20
M&S 6 0.20
A&O 6 0.20

2.00 %
to 1.10

%
to 2.20 %
il.00

3Ms Refunding 1952...J&J

1.60

1.50 %

3 Ms Sewage Impt

2.45

2.30 %

I
I

to 1.60

Reading 1 Ms 1940-58 M&N15 6 0.2"!
Salem 1 Ms 1940-1948...M&N 6 0.20

lMs 1940-1949
Springfield—
I
3 Ms Water 1940-1960.J&D 6
2s sewage disp 1940-68M&N 6
lMs Relief 1940-1946.A&O 6
2s 1940-1949
...M&S 6

%

to 1.75 %

J&J

Northampton I Ms '40-59 F&A 6 0.25
Pittsfield 4s 1940-1944...J&D 6 0.25
2Ms Dec 1 1940-1955—J&D 6 0.20

2s 1940-1944

%

1.75'%

6 0.40

%
to 1.20 %
to 2.501%
to 1.80

to 1.10

%

to 1.60 %

to 1.60

0.25
0.15

to 2.00

0.15

to 1.25

0.15

to 1.50

to 1.75

lMs relief 1940-48...M&N 6 0.15
lMs 1940-1949
A&0(6 0.15

to 1.50

%

to 2.00

Waltham

2.50

0.40
1.75

to 0.60
to 2.00

6 0.40

1940-1949...
A&O 6 0.30
1940-1944
A&O 6 0.30
Newton 2Ms 1940-1969..A&O 6 0.15
N'th Adams 1 Ms 1940-49M&N 6 0.25

1940-1949.

to
to

%
%
%

2s

lMs

to

2s 1940-1948.-J&D 6 0.50
Watertown—
|

1.50

3.80

3.90 %

1940-1953
1940-1949.

2 Ms 1940-1949..

to 1.50

0.50

'80.A&O

2Ms

New Bedford 4s 1957

2Ms 1940-1969
0.25
0.25
0.25

M&S

6 2.50

1. 1901
1945-1971

to 1.50

to 1.50

A

2.00 %
2.00

to 1.40

4s

1 §40-1970.-A&O 6 4.15

to 2.20

6 2.25

1.10

1.90

344s Ref 1943
J&J 6 1.10
3s Sew & Park 1941
J&J 6 0.70
Owens bo ro 5s Sewer.....J&D 6 3.90
Paducah—

to 2.30 %

M&S
...A&O

2.40

1955

4

to 0.50

6 0.50
6 0.50

1 Ms

to 2.50

2.40

2.40

6 0^30

Medford—
3 Ms 1940-1942 tax-ex M&N 6 0.25
2s 1940-1947
J&J 6 0.25
2s 1940-1953
F&A 6 0.25
Methuen (relief and sewer)—

2Ms 1940-1947
2.30 %

0.40

6 2.50

Parks

.

Holyoke 4s 1940-1950—.A&O
2s G & E 1940-1947
A&O
Lawrence (wat h'way & b'dge)
2Ms 1940-1958
J&D
Lowell 2 Ms 1940-1947
J&J
Lunenburg Water District—
2Ms 1942-1969
A&O
Lynn 4s Sewer 1940-'56..M&N
1 Ms 1940-1954
M&N
Is 1940-1941
A&O
Maiden 2 Ms 1940-1958—F&A
Ref i Ms 1940-1949—M&N

lMs
to

A&O

6 2.50




to 2.30

Baltimore—

6 2.10

/ Flat price.

%
1.75 %

MARYLAND

3.50 %
3.60 %
3.60 %

4Mb Mar 1. 1940-'55—M&S
4s Aug 1. 1951
F&A
4b Annex 1954........ J&D

HWr-'fift.J&.l 6 4.00

%

2.30 %

3.25

48 C H '40 '45 tax ex..A&O 6 0 75
Portland Bridge District—
3 Ms July 1. 1940-1947—
6 0.75
Portland Water District—

5s

4Ha Hospital 1951...M&S
'Ms Ref 1905
J&D
[s lan 1 1970
F&J
Sewer
1969
J&A
Sewer 1947
F&A
Lou W Co 1950—F&A

to

J&J

Portland Sewer Dist—
4s
1940-1950
M&N 6 1.00
Waterville 4 Ms 1940-50
6 2.00
Westbrook 4M« 1940-1948
6 1.00

102M
10244
10244

J&D 6 0.30

1% relief 1940-43—M&N15 & 0.20
lMs water 1910-58
M&N 6 0.20
Haverhill 1 Ms 1940-1951 J&D 6 0.50

2.75

South

102

2.25,
2.10

3.00

3.30

b 3.00

Funding 1948.—_J&D
2Mb W&ter May 1 1953—

103

to

to 2.00

A&O b 3.40

4s

103

to

to 2.25

Framingham—

Portland—
to 1.30

to 2.50

to 0.60

2.75

M&N b 2.85

1952-1958

to 2.59

6 0.25

4.00

District—

0.50

July

to 1.50
to 2.25

__M&S

jL?as ivtmer l y
1M^ Relief 1940-1948..J&D
J <&JL»
—

<§1:1of#**1

6 0.25
6 0.25

4.10

.

0.50

4s

lMs 1940-1959
_

107

Bath 4s Ref 1941

1.70

6 0.20

Fall River 2 Ms 1940-1946 J&J 6 0.30
2Ms 1940-1968..M 2 & N 2 6 0.30
4s 1940-1955 (tax-ex).M&N 6 0.30

2slmprove'mt 1940-56 ..A&O 6 0.75
Augusta 4s Oct 15 1940-1955.
0.75

1.20

0.25
0.25
0.25

Chicopee 1 Ms 1940-1959 M&N 6 0.50
Easthampton (hi'way & relief)
lMs 1940-1948
M&N15 6 0.15
Everett 1 Ms 1940-1941..J&J 6 0.30

to 3.25

%

to 2.25

Chelsea 4s 1958

to 2.10

1.75

to 2.00

to 3.00

%
%
3.30 %

4

to 2.75

0.25

to 3.60

4Ms W W & Sew '40-'54J&J

5s

2Ms 1940-1949
...M&S
Cambridge 2s 1940-1958.A&O
lMs 1940-1946
F&A
1 Ms 1940-1942
..F&A

to 2.25

0.50

Braintree 4sl940-1941
J&J 6 0.25
Brockton 1 Ms 1940-'48..A&0 6 0.20
Is 1940-1949
M&N 6 0.29

District—

July 1 1953-1968

to 2.10

101M
10144

Pub Wks Nat Recovery
4s 1940-1903
J&J 6 0.50
City Hall 5s 1940-'55.F&A 6 0.50
Louisville 5s Sch 1902
A&O 6 2.50

w

103 M
108

103 M

4Mb May 2, 1940-67.M&N2

m

Lexington—

w

107

1.35

3.90
4lis WW
1940-51
J&J
3.00
Fdg 1952 opt '42..F&A
4Mb School Jan 1 1940-09.. 6 4.10
Henderson County—
4Ha R&B Oct r4O-'50 A&O 100 \

b Basis.

Levee

J&J

.00 %

5s Dec 1, 1940-1969...J&D

1
1.90

4s

444s

to 3.20

5s 1950 Series B
5s Mar 1953 opt

0.75

102 H
102

Project No 141945—
Ashland—
4 Ms 8 I '42. '47 &-52..M&S

Warrnn CV» 4

b 3.00

'42-J&J

4

;.F&A 6 0.50
J&D 6 0.50

Subway 2Ms 1940-48.J&D 6
Metropolitan District—
2 Ms ser A 1940-'58.M&S 6
2Mb ser B 1940-62._J&J|6
2Ms Dec 15 1940-1960.- 6
2 Ms Oct 1 1940-62..A&O 6

—

to 2.70

1942.J&J

J&D 6 0.50
F&A 6 0*.50

1940-1949.

lMs 1940-1959
-

b 2.00

5s 1965 Series D

I

131953..

4s Jan 1

105 M
105 M
to 2

0.60

9 July 1955 J&J
8 July 1 1945 ..
10 July 1 '50 J&J
11 1952..

1905
1970

2s

IH* 1940-1959

3Ms Ref 1940-1962...M&S

H

1.35

12 1947..

Sewor

2Ms 1940-1944...
%

i

July 1 '50 J&J

Project No

104 M
104 M

6 0.50
J&D 6 0.50

2Ms Sept 1 1940-1956.M&S 6 0.50
2H s- 11&0-1955—T—— J&D 6 0:50

1108""
to 3.15

6 1.00

July 1968
J&J
Red River A & B B District-—

1.25

2 Ms 1940-1968

%

Shreveport—

Wyandotte County—
4Hs 1940-1945...
J&J 6 0.40
KENTUCKY
Bridge Revenue Refunding
Project No 2 July 1 *50 J&J
101H

Project No

to 4.00

106-3-

..A&O
A&O

48 Constitutional

to 1.50

Sch Dist ref 4^s '40-48F&A 6 0.40
lMs 1945-59
J&D 6 1.10

No
No
No
No

19104945

58

to 2.00

%

to 2.75

Pentchartrain
6s 1944...

2.25

to 2.00

Leavenworth—

Project
Project
Project
Project

3s April 1 1940-1957

—A&O b 3.50

Orleans Parish Sch Board5s 1940-1944
J&D 6 1.50
5s 1945-1967.
J&D b 2.25
Plaquemine Parish E Bank
5s Oct 1952
A&O
105

to 1.50

Imp July 18 '49..J&J

Project No 3

4.00

4s relief 1940-1953

%

Levee—

4s July 11940-1952
b 2.80
4s Mar. 1 1942-1964..M&S b 2.00
Orleans District—

to 1.75

less

Shawnee Co 4 Ms 1944
Topeka 4 Ha 1948
5 Ha Jan 1 1941
_J&J
Topeka S D 4Ha Mar 1 '40-'46 6 0.40
Wichita 4 Ms 1940-1940 J&D 6 0.40

A&O
J&J

>

opt *62

1956-1970

—

1944.J&J

McPherson 4 Ha 1945
Reno Co 5s 1941
Saline Co 4Ha 1945

—-

to 2.25

3 Ms

_

6 0.50

4Ha Water 1940-1947-J&J 6 0.40
Leavenworth Co 5s 1945

3.00
2.75
3.00
2.25
2.75
2.75
2.75

4s Tun & Sub '59 tax-ex J&J

4s Sub 1957 tax-ex
4s Sub 1958 tax-ex

4 Ms serial gold 1945-60
4 Ms serial gold 1961-80

%

to 1.50

6 0.50

4Ha 1940-1953
F&A 16 0.40
4Ms
1940-1953.....J&J 6 0.40
Sch Dist454sl940'54J&J 6 0.40

%
0.60!%
%

to 1.50

to 1.50

1940-1949
J&J b 1.50
1950-1959
J&J b 3.10
4M» Non-callable 1952 J&D b 3.40

6 0.75

Board of Education—

to 0.60
to

J&D 6 0.50
M&S 6 0.50

>3.40

5s July
5s July

_J&J 6 0.30

1940-1952

1.75
0.20

3Ha 1940-1951

4s

less

6 0.25

City 5s 1942

2.25

4 Ms serial gold 1940-45

less

6 0.50

_4s. 1953-1954

4Ha Tun 1960 tax-ex..A&O
4Ha Dec 1976
J&D
4s Tunnel & Sub 1948 J&D

to 1.90
to
to

3 Ms June 1 1943-1914. J&D 6 1.25
3 Ms July 1 1945
J&J

Orleans

KANSAS
Soldiers' Compensation Bonds
4 Ms,

2.00

New Orleans—Public Belt—
4 Ms 1940-1966
A&O b 1.00
Public Belt Bridge Rev—

less

6 1.65

Marshalltown—
4 Ms Water 1940-1944.A&O 6 0.25
Sac Co 2Ha May 1 1940-1947. 6 0.25
Sioux City 0s '40-'45 .F&A15 6 0.50

to 1.90

3.35 %

4s Pub Impt *52 opt
4s Pub Impt 1942

6 0.50

M&S
Prim Road 2 Ms. 1948 6 1.60
Lyon Co 2 Ha May 1 1940-47 6 0.25

%

~

3.80 %
3.90 %

Borgne Dist Levee—
5s Dec 1952 opt 4942 ~. J&D

1

to 1.00

Lee Co

.%

%

to 1.90

0.75
0.90
0.15
Is Pub Wks Feb 15 1940-1941 6 0.10
Hurricane & Flood Damage—
H% 1940-43
M&N15 6 0.15
Arlington48'40-'42(tax ex)J&J 6 0.20
Beverley 1 Ms 1940-1948.A&O 6 0.20
Boston 4Ha Sept 11981-M&S

Lake

to 0.75

6 1.70

M&S

0.15

J&D 6 0.15
6 0.15

3.45

5s

%

Des Moines Ind S D—

4Ha Sept 1 1945
4Ms 1944. a
4s Sept 1 1945

July 1 194C1-07

3.90

Lafourche Basin

i

Davenport Indep Sch Dist—

0.75
to 1.20

>

4s 1946-1956
6

0.40

»

2.00

__M&S

South Bend School City—
4Ms Impt 1940-1948.F&A
IOWA
4 Ms 1940-1942.
J&D
Cedar Rapids 4 Ms'49-'53M&N
Clinton Co 2 Ms 1942..M&N

reg

1
2.00

to 1.90

101

~3~30

1.60

0.90

108

100

to

to 2.10

5s Oct 15,1963 op'53A&015
5s 1969 opt 1959—F&A 15

...

-

2.90 %

5s 1972
to 2.50

4s Blag Sept 1 1940—J&J
3Ms July f 1941 ——J&J

„

5s 1952 opt 1942
5s Oct 15, 1962 op

to 2.90

106

Fifth District Levee—
5s 1950 opt 1940

%

to 4.00

1.00

Baton Rouge—5s '40-'54 M&S

J&J
J&J
'52. A&O

100

98
1.50

M&S

Sept 1940-1972

Bossier Dist Levee 5s '54.A&O
Caddo District Levee—
5s 1951 opt 1941.
J&J

to-3.25 %

J& J30 6 1.50

Indianapolis—
5Ms Track Elev *40-'47_J&J 6 1.00
4s Fire Dep J'ne 1 *41 .J&J
4Ms
1940-1955
J&J

Indianapolis. 8 D=

2.80

2.40

Gary Sch City 4 Ha Oct 1943..
Hammon (City)—
1942-1950

2.90

5s

Elkhart 4 Ha WW '40-75 A&O 6 1.00 to 3.50 %
1.50
Evansville 4sref 1942
J&J
Fort Wayne 4 Ha '40-'57-A&0 6 1" 66" to 3" 10 %

H

2.60

Capital Bldg 4Ms Aug 15, *52
Charity Hospital at N O—3.85s
1942-1968
F&A
Atchafalaya Levee Dist—

to 2.10

6 0.75

102

2.70

%

2.90 %
3.00 %

J&J 6
Metropolitan Water Loan—
2s reg 1944-68
J&J 6
lHs 1945-1969
J&J 1 6
lHa Reg 1940-1959
M&S 6

102

101
98

to 2.80

3.00

3 Ms gold July 1944
M&S
3s gold Water Jan 1 1941-J&J

to 3.20

State Pension 5s June 1, 1948.

to 2.25

100

J&J
J&J

to2.90|%

3.00

2s Water 1948-1969

S 1941-1957

„

—

to 2.90

& E 1944-55..

ser

1.00

4s 1940-l952(tax exempt) Var 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

5s series F Mar 15,1945-48.
5s series K July 1,1947-49.
4s

0.50

3.001%

6 3.10

.

444a series

to 3.00

Madison (Kings H'way Bd
4% revenue 1904..
J&D 100
River Forest 8 D No 90—
4 Ms
1940-1944
J&D 6 1.25
Rockford 8 D No 205—
.F&A 6 1.15
2.10s 1944-1958

Fort Wayne School Dist—
5s Oct 1 1910 1943

.

1.20 %
to

MASSACHUSETTS

to 2.25

Grange (Village of)—

4s O

t>

5s 1969...

to 2.75

38 Water rev 1942-68. _M&S 6 2.00
Lake Co 5s Road '40-'49.F&A 6 1.00

Wlnnetka (Village)
2M» Dec 1.1940-1958.

1.75

to 3.20

103
104 M
1957-1961
3Ms ser Q 1943-1954
J&J b 1.60 to 2.75
3Ms ser Q 1955-1960—J&J b 2.80 to 3.90
Port Commission Refunding
3 Ms 1940-1959
J&J 100M 101M
Long Term Bonds—
1.50 to 2.60
Refunding 3 44s 1942-'50_F&A
2.70 to 2.80
Ref 3 Ms 1957-1960
F&A

_

Rock Island (City of)—
.F&A
Bridge rev 4s 1904

to

3 44s Jan 1

to 2.25

6 0.75
6 1.80
4s 1950 opt 1945-1947
4s 1950 opt 1948-1952
6 2.15
Granite City 4 Ms 1940-48 J&D 6 1.75
Jackson Co 4 Ms 1940-40. J&J 6 0.75

La

Highway—

5s series A. B & O 1940-1943 b 0.50
b 1.50
4s Jan 1 1942-1956

0.50

Net

Ask

'41.A&0.6 1.40

Hagerstown—
5s Water 1940-1987.—A&0'6
4Ms 1940 1987
A&O 6
Montgomery Co—
4Ms 1940-1968—.—M&N 6
Washington Sub San Dist—
3 Ms Wat & Sewer '87.M&N 6
4 Ms Sewer g 1973
J&J 6

to 0.75

To

or

Bid

Oumber'd 4Ms W W

to 2.10

Forest Preserve—
4s 1950 opt 1941-1944

)
Bonds

LOUISIANA
Short Term Bonds—

to 1.60

1.80

Elgin Sanit D 5s '40-'44.M&N 6 0.50
Evanston 8 D No 70—
4 *£s June 1
6 0.75
1940-1948

-

Ask

Bid

Bonds

b 0.40

Cook County—
4s 1950 opt 1941-1944
4s 1950 opt 1945-1947
4s 1950 opt 1948-1953

To

Net

or

Net

Ask

District—

4s 1955 opt 1940-'44
48 1955 opt 1945-'47
4s 1955 opt 1948-'54

Yield Basis

Yield Basis

Yield Basis
Bid

Bonds

95

BONDS

possible for the closing day of the month preceding the date of issue

Quotations for all securities are as near as

to 1.50

%
%

Wellesley (Town)—
2s H S 1940-1952.
M&S 6 0.15
Winchester 3 Ms 1940-46.J&J 6 0.15
Worcester (City)—
1 Ms Funding 1940-58..J&J 6 0.15

lMs 1940-1948.
J&J 6
lMs relief 1940-48
A&O 6
Hospital 1940-49.J&J 6
MICHIGAN
I
5Ms July 15 1941
J&J 15 6
5Ms Oct 15 1941
A&O 15 6
4Mb Highway 1943
.F&A 6
4 Ms Highway impt 1944 A&O 6
4s Highway Impt 1942
A&O 6

2M«

to

1.50 %<

to 1.10
to 1.75

%

0.15

%
to 1.50 %
to 1.50 %
to 1.60 %

0.50

less

0.50

less

M

0.80

less

0.95
0.70

less

M
M
m

0.15
0.15

less

M

AND

STATE

96
Quotations for all

securities are as near as

MUNICIPAL

Net

b 1.00
b 2.00

to 2.35

M&n

b 0.75

to 1.00

-F&A

b 1.00

to 2.75

3M« 1944-1940.
Battle Creek
ttle
4 Ma Sewer 1940
Battle Creek S D—

4Mb 1940-1949
Bay City—
6Mb

w w

T*/"\ l

b 1.00

1940-1951—M&s

Dearborn—
4M« Sewer

b 2.75

^O-'fil-'fiO-A&O

99

99M
100 M
100 M

4s

4Mb
----------

nom-callable

5a

4mb
4 H&-------------Refunding Water series D—3 Ha Oct 1 1951-1901
3 Ms Oct 1 1940-1950
3 Ha Oct 1 1948-1950
4s July 1 1940-1947
Street railway 4Mb
Refunding 3 Ha *57-'62 J&D
Refunding 4s '40-'56__J&D

.

.

to 1.75

to 3.85

to 1.00

Refunding 4s i960
Atlantic City—
2m-4m8 Jan 1973

2.70 %
1

1

b 0.75

to 2.60

b 2.60
b 0.75

less

b 3.25

lesslM

6 3.65

3.55

b 1.00

to 3.20

1

to 2.60

4 Ms

M&s

1

to 3.60

b 3.55

to 3.60

b 1.00

%

lesslM

b 1.00
b 1.25

to 3.65

6 3.70

6 1.50

6 1.25

%
%

to 3.60

'3.15

to 2.75

6 0.75

to 2.10

6 1.25

to 2.50

%
3.50

I25
2.10

to 2.80

to 2.50

6 1.50

to 2.50

4Mb Airport April 1 1948—

less

1
9
3°00

to 2.80
to 2.25

less
less

to 2.40

to 1.50

4Mb Hospital '40-'41 M&N

to 1.25

Minneapolis—
fie 1940,1943,1945,1940,
1947, '48, '49, '50—-J&D
4Mb 1940-1952
A&O

00

to 2.60

60
00

to 2.60

00
00

to 2.60

00

M&N

00

to 2.40

J&O
1940-1940
A&O
1.90b Oct 1 1940-1946.A&O
1.80s 1940-1943
F&A

25

to 2.25

00

to 2.30

1Mb 1944-1948
1.70s 1940-1949

F&A
J&J

,00

to 2.40

2s

00

00

0.40

to 2.90

0.40

0.40

to

2.35

to 2.75

2.25

to 2.65

2.20

to 2.50

to 2.75
to 3.00

to 2.50

2 Ms School 1940-1969-m&s b 0.25
Bogota 4mb 1940-1940--j&d b 0.50

to 2.50

2 35

Bound Brook 4 Ms '40-'42 j&d b 0.75

to 1.25

4m8

0.40

ttrl.25

--~*ms School 1940-1951-m&s b 95
Cape May Co 5s 1940
m&s
elaware
River Joint Com

.......

.00
.60

less

.90

.00

less

J&J

.00

to

A&O

.00

.00

to 2.60

6 0.50
4Mb May 1 1940-1950
4 Mb Impt 1953
J&J
4Mb Flood 1940-1953—.A&O 6 0.50
3 Ms Highway 1950-59—F&A
105

to 1.75

to 1.85

m&N

0.30
1.70

F&A

1.65

to 1.75 %

0.30

to 1.75

University City—
4Mb 1940-1943
4Mb 1942-1949

0.40

to 3.25 %

m&N

0.39

to 0.90

Englewood 5s 1940-1944--a&o b 0.25

to 1.50 %

J&Jlfi

0.70

to 1.75

Essex County—

f&A

2s Feb 1 1958-1959

Public Bldg & Impt—
3 Ms 1940-55

-A&O

2Mb 1951-56
1954-58

4mb

1

2.75

$80

2~.80 %

107

A&O
100

Non-callable bonds

%
to 1.85 %
%

to 3.10

Funding bonds—
4s opt *44, 1940-1953--J&J b 1.00
Highway debentures—
b 1.00
4Mb Dec 31 1940
Daniels Co 5Ms 1940
—J&J
0b 1941 opt 1940
J&J

House 1941 J&J
Mississippi Levee District—
5b May 2 1944
M&N
5b July 1 1953—
J&J

%
2.00
2.25
3.10

6 0.50
Yazoo-Miss Delta Levee Dist5s 1940-1954
M&N 6 0.50

to 2.75

to 3.10

.T&J
n

Nominal.

to 3.00 %
to 2.75 %

%

&0

to3.00 %
to 2.80 %

..J&j

,4 Ms Mun Bldg 1940-70 f&a

b 0.25

3°.25

Gloucester City—

3.25

4mb 1940-1966
j&d
83
5 Ms Water 1940-1963.m&s
86
Gloucester Co—
4 Ms Bldg&Rd'40-'45 J&d20 b 0.25
Hackensack4MB 1942
f&a

to 2.25 %

to 2.60

to 1.40 %

1.50
to 1.50

6-1.00

to 3.75

m&s b 0.75

to 3.25

%
3s 1940-1966

0.50

to 1.70

Hamilton (Township)—

0.60

to 2.90,

_3Ms

0.30
0.65

to

0.50

to 3.00 %

to

to 3.50

sewer 1940-1978--J&d b 0.50
Hoboken 5s 1940-1954...j&J b 1.00

2.25'%

4mb 1940-1978—-m&n15 b n.35 to 3.30
4s g Park 1954 & '59-m&n b 2.90 to 2.95

1.85j%

to 1.25

2.00
1.50 %
2.00 %

to 4.00
i

Hudson County—

2Mb Apr 1 1940-1959
b 0.35
Hunterdon County—
4Mb Road & bldg *40-'46j&j b 0.25
Irvington 5s School 1903.j&d

to 2.80

b 0.25

to3"66

a&o b 3.00
a&o b 1.50
4 Ms School 1940-1958-j&d b 1.50
4Mb School 1945
j&J
4Mb Water 1901..
a&o

to 4.25

,

4mb 1940-1959

-j&d

to 1.50

Jersey City—

5 ms 1942-1953
5s 1940-1969

to 2.75 %

hampshire

4

ms 1940-1907—

J&d b 1.25
f&a
b"1.25
July 1 1940-1953
Gen ref 3 Ms '40-'54-f&a b 1.25

0.30

to 1.50

0.30

to 1.00
to 1.10

4s

0.50

to 1.25

0.50
0.60

to 2.25

0.50

to 1.00

A&O
1940-1956-F&a

0.60
0.60

to 2.40

j&J

b 0.50

to 2.35

to 4.35
to 4.25

to 99

4sHefunding 1949

0.90

_

1940-1951

3 m«. 1940-1950

j&d

b

1.25

4.00
to 4.10
to 4.00
to 3.75

87
to 3.25

to 2.80
5Ms 1940-1970
j&d b 0.25 to 3.50
Linden 2m» 1940-1950...j&d b 0.25 to 2.50
Lodi 5s 1940-1947
0.75
j&j b 0.90
Long Branch 5s 1943
m&n
Lyndhurst 3-5s 1940-57--J&j 6 97" to89 "
,

to 2.70

jersey
0.30
0.40
0.50

0.30
0.40
0.50

0.50

0.75
0.90
1.10

1.90
0.50

Maplewood (Township)—
4s 1940-1967
..J&d 15
Middlesex (Borough)—
3 mb 1940 to 1907.
J&j
Middlesex County—
4Mb Road 1940-1944..f&a
Imp 3s Nov 15 1940-1948..
Monmouth County—
4Mb Mar 15 '40-'60--m&8
4ms Rd & bdg '40-51f&a15
monte lair 4Mb Sch 1941.a&0
4Mb High sch bldg '44. j&d
2Mb May 10 1940-1970
Morris County—
4 Ms 1942 opt 1922
j&J
3 Ms 1940-1949
J&d15

6 0.25

to 2.60

b 1.00

to 3.75

b 0.35

to 1.50

b 0.35

to 2.00

6 0.50

to 3.00

b 0.50

to 3.00

b 0.25

to 2.50

6 0.25

to 1.90

0.50

to 1.00

Morrlstown—
4

j&d
4b 1940-1909m&n
0.30
0 ;40 Neptune 4Mb 1940-1955.f&a
0.30

Ms

1940-1942

——

0.40

XSJ

m&s

6s

0.50

5 Ms Oct 15 '40 to'59 a&015
5s 1940-1958
-j&j

to 2.50

0.50

to

0.40

to 2.40 %
to 2.50 %

0.40

0.35
4s series O April 1940 19690.35
2Mssertes D May 1940-1970
N. J. Emergency Relief—
b 0.30
3 Ms Jan 1940-1941
b 0.40
5s May 1940 to 1941

2.50|%

to 2.60

I to

%

%

2.50 %

to 0.50 %
to 0.60 %

0.50

to 3.30

2.00

to 5.00

0.75
0.75
0.75

to 3.90

0.75

to 3.75

pfllfmmv

0.40
0.40

Construction—

3 mb ser A July 1940-1960.
4 Mb series B July 1940-1967

...

Keansburg 5m« 1940-59.m&n b 98
Kearney—
4Mb Water 1940-70-J&d15 b 0.35
4mb Sch impt '40-'52.j&d 6 0.35

to 2.60

Bridge bonds—
4 mb series C Jan 1940
4 Ms Series D July 1940
4 Ms series E Jan 1941
Road Bonds—
4 mb series D Jan 1940
4Msse ies E July 1940——
4 mb series F Jan 1941
4 Ms series G July 1941.—
4s series H July 1942
4s series I July 1943
4 Ms series A of '27 July 1944
4s ser B of "27 July 1950Soldiers Bonus 5s July 1941

M" E of '20 July *64 opt *39
'40
4mb A of *24 Jan '55 opt '40
4 M« b ot '24 July '55 opt *40
4 Ms C of *24 July '66 opt *41
4mb ser B of '30 July '40-'€7
3 Ms ser O of *30 Nov '40-'69

%

(Boro)—

b~0.75

Ms Wat wks Dec 15 *41 J&J 6 1.00
m&N 6 2.40

Institutional

Vlcksburg—
6s Pub Imp 1940-1948. F&A

to 2.90

0.25

__j&j

Fairview 5s 1944—
Glen Ridge—

to 1.50

4mb F of *20 Jan *55 opt

to 3.10

4Mb School

0.25
0.25

%

5s July 281940-1960
to 2.25 %

Great Falls—

-

—

to 2.95

4mb 1940-1960--*—m&s 15
4s Hospital 1946..
f&a
Essex Fells

4

to 3.10
to 3.10
to 2.00

1940-1960

1940-1972

116 m

J&d b 0.25
J&j b 0.25
a&o b 0.25

3 School 1940-1974
Elizabeth—
2mb 1940-1978
m&s
4mb 1940-1957
a&o
5ms Dec 1 1940-1946.j&d
6s

Highway Extension—
4 Ms D of '20 Jan *54 opt *39

103

Greenville 5s fund '43-'50 F&A 6 2.10
Jackson 5 Ms 1940-1954.A&O 6 0.50
6 0.50
4Mb Jan 1 1940-1952
4Mb 1940-1952
M&N 6 0.50
Jones Co 5s 1940-1942— M&N 6 1.00
Meridian—

1940-1969

5s Sewer

to 1.80

montana

new

1

to 1.75 %
to 2.60
to

%

0.30
1.75

3b School 1940-1954—F&a

1

MISSISS1PI
6 0.50

to 1.75

to 1.00
to 1.60

3s H s 1940-1950

to 2.85

J&D

1.00

to 1.70

3 Mb Bridge
Nashua—

to 3.00

4MB 1940 1959
4b 1940-1961—
2.60b 1940-1957—

%

to 82

0.30
0.40

to 1.50

5s School July 1 1951..J&J
5s Gen'l impt 1940-62.-J&J
4Mb 8ewer July 1 1943.J&J

%

to 3.75

0.30

F&A
M&N
m&N

1941-1948

4s 1940-1951

4s Impt

to 2.25

4Mb W W 1940-1942—A&O

to 4.00 %

to 3.75

Pbila-Camden Bridge—
4mb 1940-1945
m&s b 0.50
115
4mb 1946-1973
m&s
East Orange—

Manchester—

to 2.30

less

to 4.00 %

.

Keene4MBl940-1942—M&N

Paul—

.80

to 4.35 %
to 3.30 %

Cape May—

2Mb Sewer 1940-1956-M&N
4Mb U S D 1940-1965-j&d

to 2.50

J&J

to 3.50 %

to 2.10

Concord—

to 2.40

6 1 .00

j&d b 0.75

1940-1958

to 2.00

Joseph S D 4b 1940

3MS Refunding 1942-1944 J&J
1mb Highway 1941-1946 m&S

to 2.50

4 Ms Rd & Bdge '40-'43 J&D

to 2.65

Camden—

0.40
1.25

J&J
J&J

2Mb 1945-1955
J&J
St Joseph 4Ms-l-940-!45- -m&S
Refunding 4mb May 11951

to 2.60

Bridgeton (City)—

1940-1901
f&a b 1.00
4Mb Water '40 to '60-m&n b 0.75
4mb 1942-1969
j&j b 2.50
4s 1945-1970
6 3.50
Camden co—
4mb
1940-1970—j&j b 0:75
4b 1944 1968b 2.40

5s 1941

1940-1948
— J&J
4mb Highway 1940-1943-j&d

to 2.40

6 1 .00
6 1 .00




to 2.95

to 2.10

4b July

to 2.00

.75

6 1 .00

/ Flat price,

0.40

b 0.25

5s Dec 15 1940-1955-j&d15 b 0.25
BloomTield 4Mb 1940-69j&d15 b 0.25

0.40

new

to 2.25

6 1 .00

6 Basis

to 0.90

5mj8 Dec 15 1910-60-j&d15

to 2.60

Ramsey County
1M Mar 1 1940-1949—M&S
2MB 1940-1947.
F&A
4Mb 1940-1950
F&A
4 Ms Rd & Bdge '40-'44M&N

4Mb iulv 194Q

1940-1942.j&d 6 0.25

5Ms Dec 1

to 3.00

J&J
J&J

to 2.40

2 Ms 1940-1958
2 20s 1942-1959

1940-1943
Callable bonds

to 3.00

0.40

5b 1948
J&D 6 1.90
Omaha SD 4Mb Mayl*55M&N 6 2.35
York School District—
4MB 1941-1955———J&J b 1.00

to 1.25

A&O
M&S
M&S

Biloxi 6 Ms

to 2.75

1.00

Bergen co—

4Mb May 1 1950

less

00

M&N
A&O

M&S

1.00

to 2.70

to 2.10

4

to 2.60

00

2.60s 1940-1960
2 Ms 1940-1967
2.30s 1940-1947

fiMs Impt 1940-1940

to 3 .25

Refunding '40-'60.m&n

to 2.70

Omaha—

A&O

July 1 1951

to 3.00

1.00

0.40

Douglas County—
68 Highway 1940-46--A&O
Holdrege S D 5b 1940-55- J&D
Lincoln School District—
4Mb 1940-1953
m&N
McCook Fund 5s *40-*43-F&a
North Platte Sch Dist—
4MB 1940-1959
—J&J 6

M
M

4Mb Sanitorium '40-'42 J&J

6s school

to 3.90

1.00

0.40

Beatrice S D 5b 1940-54—F&A 6 0.35

Hennepin County—

St

to 3.75

1.00

nebraska

to 2.25

„

to 3.75

1.00

Belleville s d 5s *40-'44 m&n

1

__J&J

1940-1941
3s 1940-1959

1.00

j&j

to 3.05

to 2.10

to 2.75

2s Rural Credit ctfs 1942:
6 1
Duluth 4Mb 1940-1947-- -J&J

4b 1944

m&s

4mb
1940-1955
f&a
4Mb School 1940-1966.f&a
Belleville 5s 1940 & '44.m&n

5 Ms

3 Ms 1941-1951

3.75

to 2.75

0.40

4mb Wat & Sew *40-'50-J&J b 1.25

MINNESOTA
3 Ms July 15 1943
J&J
1
3s|Feb 1-Aug 1 1955-1956— 6 2
2Ms Feb 1-Aug 1 1957-1959-- 6 2
2 M trunk h* way '47-61--M&N 6 1
1.85sRuralCreditctfsl941
6 0

91M
to

1.00

3s

0.40

2s

—

6 1.50

b 1.00

(Boro)—

6s July 1 1940-1944
s d 4Ms^f940-1955

to 2.00

0.40

4.25

Voted bonds..

4Mb Bridge 1940-1957-A&o

Audubon

100

0.75

68

89 m

Springfield 4 Mb '40-*49—M&N

12.00

6 1.00

1.00

J&J
J&J

4Mb

to 2.70

3 Mb

J&J
A&O

1954-1975

4Mb 1940-1953

to 3.00

Covert roads

m

J&J
M&S

3sl940-1957
3b

77

66

Bayonne 5s 1940-1949

to 2.30

4

St Louis—

to 2.00

0.75

1940-1946

to 2.30

0.40

St

to 2.75

6 1.25

Saginaw 4Mb 1940-1949-F&A
4Mb Sewer 1940-1951.J&D
Wayne County—

4b

0.40

_

Pontlac—

Port Huron 4Mb 1942

to 2.25

4Mb 1940-1950
4Mb 1940

April 15 1957

Refund 4-4 Ms 1964 opt 1937
4 Ms School June 1 1955

to 2.25

0.40

4s 1941-1951

3.25

5 Ms May 1 1941
4mb School Nov 1 1954
Jackson 4Mb 1940-47--A&O10
4 Ms July 15 1955
Jackson Union S D—
4Mb 1940-1945
M&N
Lansing 4Ms 1940-1940—J&D
Muskegon 4Mb 1940-44--J&J
Muskegon S D 5s 1942—July

0.40

4Mb 1940-1950

to 3.75

75

Water 3-4 ms Jan 1973

to 2.25

to 3.65

lesslM
to98M

.

0.40

lesslM

6

to 2.25

J&J
J&J
J&J15
4MB 1949
J&D
4Mb Road 1940-1952.-J&J
4mb Court h'se '40-'52 J&J
Joplin (School District)—
4Mb 1943-1948
Kansas City—
4Mb Various May 9 *40-72
4 Ms Jan & July 1942-.-J&J
4Mb 1940-1955
a&O
4mb Airport 1940-54.-A&O
4s Airport 1940-1971.-M&S
3 Ms 1940-1974
J&J
3 Ms 1940-1974
F&A
3 MB 1940-1955
A&O

2Mb 1958-1975...
2Mb 1956-1975
Kansas City S D—-

to 3.70

6 1.00

r5ett940^t954l———m&S 6" 2". 00
Grand Rapids—
3s Sept 1 1941-1945—M&S 6 1.25
Grand Rapids School Dist—
4Mb 1940-1943
Highland Park—

to 3.65

1 Ms ser a Dec 15 1942~49-_

.

Atlantic County—

Jackson County—
4s 1940-1951
4Mb 1940-1950
4Mb 1940-1950

101M
i

less

J&J b 0.90

Ret 3b 1943-1950

100

b 2.50

6 1.00
6 1.50

to 0.80

Asbury Park (City)—

to 0.50

to 2.65

3,65

to 1.30

0.30

less

_

b 0.40

0.30

b 2.85

Refunding 2Mb 1951-63 j&J
Refunding 3 Ms 1940-50 j&J
Refunding 4s 1941-60-m&N
4s Jan 1 1941-53
-J&J
Refdg 3 Ms 1961-62.-m&N
Rfdg 3 Ms 1940-52
J& J15
Rfdg3Ms 1953-62...J&J 15
3 Ms Jan 1 1953-63——J&J
Flint 4Mb 1940-1954.M&S 15
f 5s (Mar 1 & Apr 1) '40-'50~
Flint Union School Dist-—

to 0.60

to 0.90

J&D

less

6 1.00

to 1.65

to 0 80

1940-1941-/..J&J

3s Building

b 2.50

1940-59

to 1.75

3s Road 1963-1957

General & Street Railway—
3 Ms Oct

1.60
1.50

to 0 80

b 0.35

3s State Bldg 1940-1944-F&a
Buchanan County—

less

General 3s Oct 1 1959-02... b 3.60
Water 2Mb Oct 1 1940-02._ b 0.75

to 1.60

to 0.60

b 0.35

to 2.85

6 3 80
b 2.75

Water 4s—..........

to 1.35

b 0.50

b 0.30
2m Jan 1940 to 1943.
Ed Aid 4 mb ser a Jan 1940-42 b 0.30
Unemployment Relief—

to 1.25

1.00

,

Ask

Bid

n.j. Emergency—Concluded
4Mb Nov J940 to 1941
3 Mb Mar 1940 to 1942
3 Mb May 1940 to 1942

to 1.70

0.75

Bonds

Net

0.30
1.65

4*.—TTtTTtt '

General 3 Ms callable (Long)

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

mb 1940-1948 j&J

or
.

Ask

missouri

Ann Arbor—

W W ref 4

Bid

Bonds

.

Ask

To

or

To

or

Bid

Yield Basis

Yield Basis

Yield Basis

Bonds

BONDS

possible for the closing day of the month preceding the date of issue

1940-1972

4mb 1940-1983
f&a
4 ms School Dec 1 '46..j&d
4s Sch house 1959 opt 1949
4s Pas Val sew'01 op
4s 1940-1970

to 3.75

to 3.70

.75
3.25
3.50

filj&d

j&d b 0.75
1954- f& a
...m&n b"d.75
2mb Jan 15 1940-1976-J&j 6 0.75

to

3.80,%
3.40

3 Mb Track elev

3 Ms 1940-1966

to 3.30

to 3.25

%
%

Jan., 1940]

97

STATE AND MUNICIPAL BONDS

I

Quotations for all securities are as near as possible for the closing day of the month preceding the date of
Yield basts

Bid

Ask

4Ms 1940-1957
F&A b 0.75 to 3.35
4Mb Sch & wat '40-'6»-J&D b 0.75 to 3.75
4 Ms 1940-1967
J&D b 0.75 to 3.65 %
North Arlington (Borough)
Refunding 4s
84
75
North Bergen ret 4h-4Ms
84
86
Nutley (School District)—
4 Ms 1940-1942
FA A 6 0.50 to 1.25
4MB 1943-1967
F&A b 1.75 to 3.25
Ocean Oity5s 1944....
98
F&A
4Mb Impt May 16 1940-'56- b 3.50 to 5". 00
Ocean Co 4 Ms 1940 60-J&D b 1.00 to 3.50
OrsiiD^G"™4 Ms Sewer 1940-1964.A&O 6 0.50 to 3.40
Passaic—

to 3.50

to 3.25
to 3.05

N Y STATE (Concluded)
15 1940-1956
A&O
3Ms Mar 16 '40-'81-M&8 16
3 Ms Mar 15 '40-'81-M&8 15
3 Ms 1940-1949
M&N 15
3s g Canal Jan 1 1956
J&J
3s g Canal July 1 1958 —J&J
3s g Canal Jan 1 1959...J&J
3s Canal 1957-1959
J&J
3s Mar 25 1940-1987
M&S
2 Ms 1940-1969
M&N 15
1Mb 1940-1979
A&O
Elfmlnat'n of Grade Crossings
2Mb Dec 8 1940-1987—J&D
Unemployment Relief—
2Ms July 6 1940-1947—J&J
General State Improvement—
2Mb July 6 1940-1962—J&J
1 Ms Sept 10 *40-46.M&S 10
Emerg Unemploym't Relief—
2Mb Sept 25 *40-'43—_M&S
2 Ms Sept 25 '44-'45—M&S
1 Ms Sept 10 1944-1946

b 0.20

4s Apr

4Mb 1940-1946

J&J b 0.35

to 2.00

J&D b 0.35

to 3.25

M&N b 0.75
F&A
A&O 50.76

to 3.85

Ne^wiflmpt 1942-1963-J&J b

to 1.85

b 0.20

to 2.15

6 0.20
122

to 1.40

4Ms 1940-1965

122

M&N

2Ms 1940-1947
New York City—
to 2.15

4Ms

b 0.20

to

1.85

b 0.20

to 1.85

4Ms
4Ms
4Ms
4Mb
4Ms
4 Ms
4 Ms

2.10
b 0.20

to 1.15

b 0.20
b 0.20

to 1.80

4 Ms

to 1.10

4 Ms
4Mb

b 0.20
b 0.80

td 0.60

4M«

to 1.20

4 Ms

b 0.75

to 0.90

b 2.60
b 0.30

2.30
to 0.60
to 2.00

4Mb
4Mb
4Mb

4 Ms 1940-1967
Perth Am boy—

to 3.90

6s Feb 1940-1977
F&A 5100
4Mb refdg 1944 & '48—F&A
99
Plainfieid 4s School 1959 M&N
96
4Mb 1940-1962 Various.J&J b 0.25

to 4.75

%

2Mb

M&S b 0.25
2% 1940-1955..——M&N b 0.30
1.70s
1940-1979
-J&D b 0.25

to 2.50

Rahway—
1940-1953
J&D b 0.75 to
Ramsey 5s Water 1940
Red Bank (Borough)—
4 Ms
1940-1953
M&N
0.25 to
Ridge wood 4 Ms 1940-62.H&N
0.20 to
4Mb 1940-1968
M&N
0.25 to
Sea Isle City 5s 1942....F&A
75
Somerset County-—
4Mb 1910-1949
J&D
0.25 to
4 Ms 1940-1952
J&J
0.25 to
South Jersey Port District—
Marine Terminal
4 Ms 1940-1973
South Or:
h Grange—

3.40

4s 1940-1972

2.25
2.75
2.75

to 4.40

J&J
M&S
J&D
J&D

1940-1962
4Mb 1910-1969
4Mb 1940-1968
Summit—

b 0.25

to 1.50
to

to 3.00

b 0.25

to3.00 %

4s Oct 1 1942

"d.25"

3.00

b 0.25
b 0.25

to 1.40

b 0.50

to 3.40 vo

to

„

2.50

3,25 %
3.25 %
to3.50 %

0.75

to

0.75

to

0.75
0.75
0.75
0.75
1.00
b 0.25
b 0.25

A&O

2.80s Gen Impt B June 1
1950-1965

to

to

3.50 "

to 3.00 Vo
to 2.75 %

to 4.00

%

to

2.25'%

to

1.80,%
0.75

b 2.10

Union Township Sch Dlst—
4Mb 1940-1968
J&J
Ventnor City refunding 4-5 M*
Vineland (Boro)—
6 Mb 1940-1950
M&S
Weebawken—
3 Mb 1941-1951 opt '40.A&O
3 Ms
1940-1979
J&J
Westfield—
5b June 15 1940-1960.. J&D
4 Ms 1940-1966
A&O
West New York—
4Mb Oct 1 1940-1968..A&O
6« School 1940-1961
M&N
West Orange
Gen ref 3 Ms 1940-1959 A&O

to 2.50

b 2.00

to 4.25 %

92

%

97

to 2.00

4s 1947-1954

M&S

b 1.70

F&A b 0.30

4Mb Water 1940-1945-A&O
Erie County—
4Mb 1940-1959
J&D
4s 1945-1953
M&S
2.90 March 1. 1940-1947..
Essex Co 4s 1940-1956—.M&S
Free port—
4.20s 1940-1945
M&N

b 0.30
b 0.50
b 2.10

to 3.10

to 3.00

b

1.50

to 4.50

b

1.50

to 4.751

%

b 0.50

to 3.25

%
%

1.00 %

2.50

2.00 %
2.00 %

2.75

2.50 %

2.50

2.00 %

2.75

2.25.%

2.75

1.00

101

„

2.50 %

120
to 3.00

to
to

%
2.10 %
2.10 %

to 1.55

to 2.00 %

%

to 1.10

%

to 2.80

%

to 2.60

%
%
to 2.00 %
to 2.50

to3.15
to 2.75
to 2.50

(T)—
4s 1940-1951
J&J
Greenburgh U S Sch Dlst No 9
4.40s 1940-1965
J&D
Groton 6s Wat '40-'50—M&N
Harrison (T)—
4Mb 1940-1980
F&A
Hempstead (T)4 MsJ40-59 A&O
Hempstead 4 Ms 1940-65 M&S
2.30s 1940-1967
J&J
Hempstead UnFSDNol6s 1940-1954
.MA
.M&S
Hornell 4Ms 1940-1947--F&A
Hudson Rlv Regulating Dlst—
4Ms 1940-1965
J&J
4.70s 1940-1965
J&J
Huntington (T) 4s *40-'52-J&J
Islip 4s 1940-1951
-M&S
Ithaca 4Ms 1940-54
J&J

to 3.00

62

66

100

b 0.15

to 1.10

6

1.15

to 2.20

M&S b 2.10

2.0)

J&J b 2.10
J&J b 2.10

2.00
2.00
2.00
1.00
to 1.45
0.40
1.05

Highway 1965

M&S b 2.10
]s Bar-u- Canal 1946..-J&J b 1.10
4Mb Bonus 1940-1949...A&O b 0.20
4s Canal Term 1942
J&J b 0.60
4a Canal Term Jan 1946—J&J b 1.15
4s g High Imp Mar 1958.M&S b 1.95
4s g High

1.85

Imp Sept 195$.M&S b 1.95

1.85

4s High Imp Mar I960— M&S b 2.00
4s Canal Imp July I960..J&J b 2.00
4s Canal Imp Jan 1961...J&J b 2.00
4s Canal Imp July 1961..J&J b 2.00

1.90

4s Highw Imp Mar 1961 M&S b 2.00
4s Palisade Park 1961
M&S b 2.00
4s Canal Jan 1962.
J&J b 2.00
4s Hlghw Imp Mar 1962 M&S b 2.05
4s due Sept 1 1965—
b 2.05

1.90
1.90 1

1.90,'
1.90,'
1.901'
1.90 '

1.9514

1.95,4

6 2.05

1.95!'

b 2.05
b 2.05
b 2.05

1.95 4

b 0.20

1.95 <

1.95
to 1.45

109

108M
108M

107 M

I

2.85

to

b 0.35
& 0.40
100

{

2.90,%

%
%
%
%
%

b 1.50

to 3.25 %

b 1.50

to 4.00

b 1.10

to

3.10

6 0.35

to 3.00

%

to 3.05

%

100M
to 2.95

96 %
b 0.40

%

6 0.35

to 2.90

6 0.35

to 1.85

6 0.35

i

to 1.30
to 2.75

to 1.75
to 2.30

to 1.80
to 1.75
to 2.30

0.60

to 1.10

0.20

M&N

Niagara Falls S D—
4Ms
1940-1960
F&A
No Hempstead S D No 7—
4Mb 4940-1942
J&D
2.40s 1941-1967
M&N
North Tarry town—
4Ms Water 1940-64--A&O
4 Ms 1947-1972
J&J
Oneida 4s Water '40-'45—J&J
Onondaga Co, 4ks '40-47A&O
3.70s 1940-1951
A&O

%

97 M
to 2.65

to 1.60

6 0.20

0.50

to

2.10

to 1.00

6 0.60

to

6 Par

to 2.75

6 1.85

to 2.85

0.30
6 Par

6 0.30
Ref 1.90s 1940-1957. _.F&A 6 0.25
2.10s Feb 1 1940-1968
0.30

2.40

to 1.50

to 1.50
to 1.75
to 2.00

b 1.25

to 3.60

b

1.25

to 3.50

b 0.75

to 3.25

1.70s 1940-1968
J&D
Ontario Co 4s 1940-1951 -M&N

0.30

to 2.10

to 3.50

Ossinlng4Ms 1940-1942.M&S

0.50

to 1.00

b 0.75

Par

to 2.20

to 2.20

b 0-30
Jamestown 4s Mar 20 '43 A&O b 1.25

to 2.00
to 2.50

Port of N Y

to 3.00

b 0.75
b 0.50

to 3.25
to 2.25

& 1.00

to 3.00

6 1.10
b 0.75
b 0.75

to 3.00

to 3.25
to

2.75

88

acquisition__
Mamaroneck (Town)
4 Ms 1940-1964
J&J
Mamaroneck UnFSDNo 1—
5Ms May 11940-1952.M&N
3.90s 1940-1964
j&J
Middle port 4.35s '40-'42.J&D
Mlneola (V) 4.40s 1940-68 J&J
Monroe Co 4s 1940-44—_F&A
3.90s Co Bldg *40-*50--F&A
1Mb Jan 15 1940-1942.J&J
Mount Vernon—
4Mb 1940-1943..
A&O
5Ms 1940-1941
A&O
4 Ms School 1962-73—M&N
4s Sewerage 1950-65..M&N
2Mb 1940 to lUoti
M&S
3b 1940 to 1946
...M&S
Nassau County—
5s 1940-1943
M&N
4MB 1940-1944
A&O
4s 1940-1947
.J&D
3 Mb 1944-1961
j&J

107 M

1, 1975._
May 1. 1976

93

'91

106 M
105 M

Gen & ref 3 Ms
Aug 16 1977
Gen & ref 3s Dec 16

101 %

1976—

Inland Terminal—
b 1.00

to 3.75

b 1.00

to

b

1.25

to 4.00

b

4M sser D1940-1941.M&S
4M sser D 1942-1960-M&S
Holland Tunnel—
4Ms serE *40-*41—M&S
4Mb ser E "42-*60-—M&S

3.75

1.00

to 1.50

b 0.75

to 3.75

b 0.75

to 2.00

b 0.75

to

b 0.75

to 1.50

b 1.00

to 2.50

b 1.25

to 1.50

Putnam Go 4 Ms *40-'61
_

2.75

b 3.50

to 4.00

b 3.25
b 1.00

to

b 1.00

to 3.00

3.75
to 3.00

%
%
%
%
%
%

1.80

2.30
2.85
1.90

2.20
2.90

4s 1940-1954

-

1'7?9 j ?40-1948

Rockland Co—

108 M
107 M

106M
102

0.85
109

0.50

109
A&O 6 0.50

to 2.40

F&A

to

0.50

Rensselaer County—
4Ms Highway 1940-58.F&A
0.50
Rochester 6s '40-'62
F&A
0.20
4Mb Pub Imp *40-'58-F&A
0.20
4Mb
1940-1959
M&S 6 0.20
4s Imp Sch &c
'40-'47_ J&J 6 0.20
2 M® 1940-1957—
M&S 6 0.20
1 Ms 1940
-.A&O
o

2.85

Authority—

Gen & ref 4s May
Gen & ref 3 Ms

98

Z__

!*/>

i

2.80
109
109

4Ms Water 1940-1969-A&O
0.40 to
Oswego 5 Ms 1940-1946.-M&N
0.50 to
Oyster Bay Water Dlstrect—
4s
1940-1950
J&J 6 0.50 to
Pelham (T) Un Fr Sch Dlst
No 1 4.60s 1944-1966
1 1.60
to
Poughkeepsie 4 Ms *40-62 J&D > 0.50 to
4s School 1940-1959—.M&S > 0.50 to
P°rt Jervts4Ms
1940-'69.J&J > 0.50 to

5 Ms 1953
6s 1947 Beach

%

109

107 M

3 Ms 1942-1945
2s Mar 1 1940-1949

to 2.10

b 0.50
4.20s se^er 1946-1960.M&N b 2.40
4 Ms 1940-1951
M&N b 0.75

to 3.10

107,M

Parkway Authority—
3M% Rev 1940- 53-A&O ) 0.75
3M% 8 f Rev 1968.-A&O 108 M
Niagara Falls—
5 Ms 1941-1948
M&N > 0.30
4.15s Sewer 1965-70--M&N ) 2.25
4.10% Sewer 1940-1950-J&J ) 0.20
4Mb Wat May 1 '41-48M&N 6 0.30
3.95 Nov 1 1961-1970-M&N
2.20

%

to 2.70

b 0.40
b 0.40

Long Beach 4s 1940

to 3.25

96

M&N

J&J b 0.40
J&J15 b 0.40

1940-1963

Lackawanna 4 M8 *40-'54M&N,& 0.50

2.00

99

M&N

3sserial 1940-1969
M&N
3s serial 1940-1973
J&D
3s corp stock Feb 1 19792Mb 1940-1979
J&J15
2Mb July 15 1969
J&J
2MB 1940-1953
J&D
2 Ms 1940-1979
M&N
2Mb Serial 1940-1946-F&A
2Mb assessm't 1940-44-J&D

2.60 %

"

2.50

1957-M&N

—

Greenburgh

to 3.00

NEW TORS




J&D & 0.30

%
%

b 0.25
b 0.25

Dlst 5M« 1940-1973..F&A
8ocorro Co 5s 1941 op '21.A&0

/ Flat price*

to 2.25

4.40s 1940-1950
M&N b 1.00
Garden City 4 Ms 1940-52.J&J b 0.50

Conser

1967..J&J
4s Hlghw Imp Mar '67—M&S
4s Palisades Park 1987—M&S
4s Bidg constr ,40-,49—M&S

—A&O b 0.30
M&S b 2.85

%

J&J,5

.....

„

2.20

to 3.10

Cortland Co 4 Ms '40-'51.J&J b 0.30
Delaware Co 4.20s '40-'52A&0 b 0.30
Dutchess Co—
4s 1940-1946
M&S 6 0.30
East Chester—
4Mb 1940-1958
ELmira—

113M
114M
114 M
114M

1956

_

to 3.10

to 3.50

5s Water Works 1962.-J&D
115
4Ms 1940-1950
J&J b 1.00

4s due Jan 1 1966
4s Canal Imp Jan

Cortland (City)—
1.60s 1940-64

112M
113M
113 M
113 M

Various

3fS,aft^!a!e."SNl

to 2.40

b 0.50

to98M

Albuquerque—

4Mb Highway 1963
is Canal 1964
lS Canal 1965

Columbia County—
4Mb 1940-1959
Corning 5Mb 1960

118M
117M
113

M&N

%

3 Ms Corp stock July 1, '75 I
103^ 104M —
3Ms Aug 1 1940-1978.F&A & 0.35 to 3.05 %
3Ms serial 1940-1979—F&A b 0.35 to 3.05 %
3s Rap Trans 1947-51 -F&A
fi 2.00 to 2.60 %
3s corp stock Jan 1 1977 J&J
100 M
100
3s Serial 1940-1968—.J&J
0.35 to 3.00 %

1.90

J&J b 0.30
J&D b 0.40

3 Ms serF 1940-64—M&N

6 0.75

.

6s Jan & Mar 1 1940-1946
6s Jan & Mar 1946-1970

to 1.80

to 2.40

b 0.75

1940-1941...J&J 6
3Ms H'w'y deb '48-'47—M&NI&
3 Ms H'w'y dob
*48-'49—M&Njb
3s Jan 1 & July 1 1949-1952—!&
2Mb H way deb 1944-4&-M&S b
2Ms 1946 1951
J&D 6
2Ms H'way debs 1951-52.A&0
2 Ms H'way debs 1953-54IA&0 b

Grande

,

116M

117 M

3 Ms stock Apr 1,1954. A&O
3 Ms Corp stock Mar 1, I960
3 Ms Corp stock Jan 15,1976.

to 2.70

to

121M
122 M
to 3.15

3 MB g exempt 1953
M&N 6 2.90
108
3 Ms g exempt 1954-—M&N
3 Ms g Water ex 1954- M&N
108
3 Ms exempt 1955
108
M&N

1.90 4
to 2.60

to 2.00

J&J b 0.40

120 M
120 M

|

to 1.55

to 2.50

to 2.75

6s Highway

.4 Ms 1940-1950

to 1.70

to 2.00

b 0.40

Ij&j

119 M
119M

-

to 2.70

b 0.35

NEW MEXICO

,

Sewer Authority—
4s 1940 1964
3 M« 1940-1964

'o.75

—

b

2.10s 1941-1949
2s 1940-1959

%

124 M

to 2.90 %
3 Ms Corp stock July 1 75_
111M
113
3 Ms Corp stock 1940-1954- b 0.40 to 2.90
3 Ms g exempt 1941 -—M&N b 0.75
0.50
b 1.00
3 Ms
0.75 %
exempt 1942
M&N
3 Ms R T 1948-1950—M&N b 2.40 to 2.65 %
3 Msg exempt 1952
2.80 %
M&N 6.2.90

to 2.40

to

129
126 M
to 3.00 %
123 M

112

serial

b 0.50

120M

M&N

May 1959

b 0.50

%

124 M
123 M
120 M

123 H
124 M

4s Various May
4s Nov 1958

to 2.90

.

123 M
122 M
119 M
119M
128
123 M

123

4s

b 2,15
b 0.40

3.25 i-/q

to 2.50

b 0-50

122 M
123 M

4s

b 0.50

{ 0-75

J&D

3.75

to 3.75

—

1.95

b 0.50

to 3.25

A*

1963
M&S
May, 1957
M&N
Nov 1957
M&N
Dec 1, 1979
J&D
Corp stock 1967..J&J
Corp stk 1971
J&D 15 125M
>0.40
July 1,1940 to 1955—
122 M
Jan 1, 1977
J&J
1960
M&S 118M
Mar 1, 1962
M&S 118M
Mar 1, 1964
M&S 119M
April 1,1966
A&O 119M
Apr 15,1972—A&015 120 M
Rap Tr & Wat '74 J&D 121M
Feb 15, '41-'66.F&A15 b 0.50

to 1.85

b 0.50

x

122

4s

to 2.10

b 0.50
b 2.95

J&D 15
M&N
—A&O
—J&D
4s 1940-1958
—-J&J
3.40s Nov 15 *40-'55--M&N
3.10s Oct 15 1940 46-A&0

%

b 0.35
b 0.25

f

4Ms School 1941
F&A
4Mb Imp & sch *40-'60-J&D
Sussex Co 4 Ms '40-'44—M&S
4s Impt 1940-1955—M&N
Tenafly 4 Ms 1940-1963.F&A
Trenton—
5Ms 1940-1951
A&O
6s School 1940-1955—A&O
4MB 1940-1966
F&A
4 Ms 1940-1960
F&A
2 M b gen fd & ref '40-68 F&A
2 Ms 1940-1954
M&N
Union City 4Mb 1940-'64J&D
Union County—
4Mb Oct 15 1940-1952
4Mb Rd&Bdge'40-'47_F&a

b Basis

2.20
to 2.20
to 1.80

4Mb 1940-1967
4s June 15 1960

b 0.40

4s 1940 to 1944

is

to 2.30

5 Ms 19446s 1940-1950

1.90
2.10

to

z

2.50

to 1.50

4s Nov 1955

to 2.40
to

to

b 0.75

Net

4Mb Nov 15,1978—M&N15
4Mb Mar 1, 1981
M&S
4s Oct 1,1980
A&O
4s May, 1977
M&N

Buffalo—

.00

1965

June

4s 1940-1954

M&N 6 0.30
Auburn 1.60s 1940-1958.F&A b 0.25
Bingham ton—
4Ms Oct 1 1941-1971—var. b 0.50
2s Marl 1940-1956
b 0.20

A&O 6 1.25

6s

Rio

1940-1978

to

4M» Feb 15,1976—F&A15

Albany Port District—

4Mb

Middle

b 0.30

b 0.25
4s Munic & Sch '40-'63_J&J b 0.25
3M 1940-1971
J&D b 0.25
2 Ms 1940-1953
M&N b 0.30

99
100

4^s April 1944..
Water 1940-64..M&S2

b 0.40

1-50

M&N

122
b 0.20

——

M&N

4MB 1940-1963

122

M&S
3 Ms Fund 1940-1941. M&N
2 Ms refunding 1941-'57.J&J
Albany (City of)—
4M 1940-1969
M&N
4M 1940-1970
J&D
4Mb I960--

Ask

4 Ms Wat Impt 1940-41-J&J b 0.50
New Rochelle—
5s 1940 1950
M&N b 1.00

to 2.15

b 0.20

Bid

Bonds

Net

Albany County-far4^

4Mb 1940-1968
Pater son¬
des 1940-1959
4 Ms Feb 1 1945

Ask

To

or

To

or

Bid

Bonds

Net

New Brunswick

4Mb 1940
M&S
5Hb General improvement
1940-1951
J&D b 0.75
6s Impt 1940-1948
M&N b 0.75
4Mb Refunding 1944—M&N
4Ms Water 1940-1970--J&J b"0.25
Passaic County—

Yield Basis

Yield Basis

To

or

Bonds

t|sue

2.50

to 2.25
to 2.30

to 2.20
to 2.25
to 1.30

to 2.00

0?20
to 1.30

%

M&S 6 0.40

to 1.40

%

b 0.75

to 2.25
to

b 0.75

%
%
%
to 3.00 %
to 2.75 %

4.16s 1940-1952
J&D
Rome 4.10s 1940-1950—M&N
1.80s1 1940-1945
M&N 6
Rye & Har son Un Fr 8 D No 6
4.40s 1940-1953
F&A 6

to 3.25

1.60

to 2.60

Saratoga Co 5s 1940——F&A
4Mb 1940-1955
M&S b'o'7'5
4s Sept 1
1945-1954—1M&S.b 1.25

to 2.25

b

1.75

b 0.75

b 0.75
b 1.25

b 2.25
2Mb 1940-1957.
F&A b 0.75
2.40b May 1 1940-48—M&N b 0.75
2.20s 1940-1959
M&S b 0.75

2.50;%

to 3.00

to 3.50
to 3.50

to 3.25

%

%
to 3.00 %
to 3.25 %

4Ms

1940-1945

I
I

6 0.20

F&A

b 0.75

%

I
%

Rockvllle Centre (V)—
0.50

to 2.50

0.40

to 2.25

0.40

to 1.30

to 2.20

%

1
0%25

STATE AND MUNICIPAL

08
Quotations for

To

or

Scarsdale 4 Ms 1940-45—J&D 6
Schenectady—
4.30s
1940-1948
J&D
4.15s 1940-1960
A&O 6
„„

to

0720

6 0.25

4s Oct 15 1940-1944—A&O
2 Ms 1940-1955
-A&O

6 0.20
M&S b 0.20
L80s 1940-1950—11—M&S 6 0.20
i.lOs 1940-1949".
M&S b 0.20
2.20s

1910-1950

Schenectady County—
4Kb
1942-1958—.
J&J b 0.85
b 0.25
5s Dec 15 1940-1948—— — Solvay 4Ks 1940
—-F&£ b 0.75
Somers (T) 4Ms'40-53-M&N
Southampton—
b 0.75
p»5« 1940-1971
M&N
..

.

„.%T

Suffolk County—

.

„

_

Greenville 5s W W *58..F&A b 3.80
Guilford County—

less

1940-1957
M&N b 1.25
Hlrfh Point 4Mb 1940-48.J&J 6100
101
58 Wat Serv 1940 f968 J&D

0.50

%
1.00 %

to 1.60 %

Iredell Co 5s Aug 1
4 Ms 1940-1950

to 1.50
to

%
1.75 %

to 2.20
to

1.60

to

2.70

to 3.00
to 2.10

....J&J

to
•

1.25.

...A&O

45

to 3.20

b 0.25

b 0.40

Rev 2.60s

to

b 0.25

to 1.20

b 0.20

to 1.60

b 0.20
b 0.25
b 0.20

to 1.60

to 1.50
to 1.50

b 0.20

to 1.60

b 0.50

to

1967-1969-A&0
J&D & 0.20

1940-'50_F&A b 0.25
6Ms highway 1940-'53.F&A & 0.35

2.20

2.50
to 2.00

%
%
to 2.40 %
to 2.20

Warsaw Union Fr S D No 10—

Oct 6 0.85

to 1.25

J&J b 0.25

to 1.60

1940-1942.

%

Watertown—

1940-1953

J&J b 0.25
J&J b 0.20

5s 1940-1945

1.50s 1940-1946

to 1.40
to 1.10

%
%
%

Thousand Islands—

4Mb Bridge Rev
Westchester

103 M

'67-M&S

5s

Funding 1M% to 2M%

to 2.60

due June 30 1940 to 1946—

1.00

to 2.75

2.00
2.45

4Mb 1940-1958
M&N 15
4Mb 1940-1973
J&J
4s refunding 1948-56.—J&J
3s refunding 1956-68
J&J

to 2.00

to 2.60

—

to 2.50

0.25

to 3.25

0.25

to 3.20

NORTH DAKOTA

.75

Oklahoma

.20

Highway 4 Ms 1940-'46 A&O
Okmulgee 5s Mar 15 1943

.25

0.25

to 2.50

%

2.50

to 2.80

0.25

to 2.60

%
%

J&J

0.20

to

0.50
0.50

to 2.75

1.50

to

%
2.70 %
2.25 %

4Mb July 15 1940-1942-J&J b 0.50

to

1.25

1940-1951

to 2.90

2.20;%

|

4Mb 1940-1959 (reg)..M&S
3.90s 1940-1954
F&A
2Mb Sept 1 1943-49

to

Wolcott—

Yonkers—
6s Feb 1 1940-1952
A&O
5 Ms Jan 1940-1961—A&O

A&O

1940-1961

1 1940-1962.A&O
4Mb Mar 1 1940-1956-A&O
4s 1940-1958
F&A
3 Ms 1943-61
_.J&D
3.30s April 1 1940-1956
3.10s Oct 1 1940-19642.80s 1940-1959.
M&N
2 Ms gen & ref July 1 '43 *46
2MB 1940-1954
A&O
4Mb July

...

NORTH

1.00

to 3.75

0.75
1.00

to 3.75

0.75

to

3.75

to 3.50

0.75

to 3.20

0.75

to 3.20

6s Water 1944-1959—A&O 6 1.60

to 2.75

&
%

6 0.50

to 1.50

6 0.50

to 1.75

6 1.75

to 2.00

6 0.60

to 2.40

6 0.50

to

1.75

6 0.60

0.40

6 0.50

to 2.00

6 0.50

to 1.75

6 3.10

F&A
'40-'49_F&A
-F&A

2.60

6 2.25

2.00

6 0.50

to 2.30

6 0.50

to 2.30

1.00
to 1.75
to 2.25
to 1.25

to 1.00

to 2.75

to 2.70

J&J

1967

Multnomah Co 3 D No. 1—

Canton School Dist—
5s 1954

-A&O
4Mb Dec 5 1940-1942-J&D 6

4.40s 1956
Cincinnati5 Ms Imp Feb

0". 50"

to 1.50

J&J15 6 0.60

4s July 15 *40-'45

2.60

Portland—
5s Harb Dev 1940-50-M&N 6 0.60
6 1.75

M&N

4Mb Dock 1943-

6 1.50

to 2.50
'

...M&S

0.50

to 2.00

1940-1962
2Mb Sept 1 1940 to 1956—
2 Ms Sept 1 1940 to 1976—
2s Sept 1 1940-1963-_-M&S
1 Ms Wat. wks. '40-79 M&S

0.50

to 2.10

0.50

1.75

to 2.40

1.50
to 3.00
to 2.35

to 2.70
to 2.00
to 1.75

to 1.90

0.50

to

to 2.25

0.50

3s RefAimp 1940-47— -J&D 6 0.60
2 Ms Ref imp '40-'45—M&N 6 0.60
Port of Astoria—

to 2.00

0.50

4 Ms 1940-1900
M&N 6 0.60
4 Ms Ref Water '40-'53-J&J 6 0.50
4s Water 1940-1958
J&J 6 0.50

to 2.25

Refunding 3Ms

Refund'g 1 Ms July 15 *59
Cleveland—
5 Ms 1940-1970

1965--J&J

o

Tax anticipa'n notes—
May 311941

eries "E T"

0.50

to 3.50

J&D 6 0.50

to 2.90

0.50

4Mb Grad Cros'40-'54_A&0 6
0,50
4 Ms Fire Dep '40-'55—A&O
0.50
4 Ms 1940-1950
M&S
0.50
4s Sewage 1940-1958
M&S
0.50
3 Ms 1940-1949
A&O
0.50
3Ms 1940-1956———A&O
1.70
3 Ms 1944-1953
M&S

to 2.80

July 1 1951 Series C—J&J
4Mb 1940. 1944, 1949
J&J

to 2.75

4s Highway Apr.l 1940,

to 2.75

0.50

to 2.90

0.50

to 2.50

0.50

to 2.40

1945, 1947. 1950. 1952—
3Ms Turnpike Revenue—
1947-1968
F&A
Allegheny County—
4M« 1940-1962
A&O
4 Ms July 1940-1958
J&J
4s Bridge 1942
F&A
4s 1940-1958—
M&S
2 Ms Dec 1 1940-1965—J&D

.J&D

5s W W 1940-1968

A&O

3s 1940-1963

M&S
M&S

2Mb 1940-1951
2Ms 1940-1951

73 M

75 M

PENNSYLVANIA

Cine Southern Ry—

to 2.80
to 2.50

to 2.80

to 2.75

—

5s

to 3.00

0.75

F&A

1.00

to 2.75

F&A

1.00

to 2.75

less

m

6 1.50

less

1

6 0.30

to 1.35

6 0.30

to 1.50

6 0.40

1942,

98

99m

6 1.00

to 2.90

6 1.00

to 2.40

6 1.00

to 2.40

6 1.00

%

^40

to 2.25

Allentown—

2.00

to 2.50

0.50

to 2.80

0.50

to 1,

1.50

to 1

0.40

to 1

1.65

to 1

0.80

to 0

0.90

to 1

39M

38M

39M

Buncombe County—

East

1.00

to 2.60

4 Ms Water 1940-1960-M&S 6 1.25
Bethlehem School Dist—

to 3.20

to 2.50

6 1.00

to 2.20

4s 1940-45-50

0.75
0.75

to 2.40

Braddock

to 2.25

Cambria Co

0.75

to 1.50

0.75

to 1.50

0.75

to 2.60

"0".~75"

~0.75~

to 2.80

to

2.55

Cleveland—

4 Ms gou imp 1940-43—A&O
East Liverpool 4s 1940—-J&J

0.75

Elyria 4Mb

1940-1952—M&S

5s W W

1940-1940—-J&J

0.75
1.00

0.50
0.50

to 2.65

F&A

2.40

to 2.60

M&N

0.90

to 99
to

0.50

to

0.50

to12.30

0.45

to|2.45

to 2.50

Hamilton County—

0.50

to 1.25

Fostorta 5s W W 1940— M&S

4Mb 1940-1966
J&J
5s Water 1940 to 1945.J&J
Durham County—

2.00
1.25

less

2.00
3.25

less

3.30

Ohio municipal bonds Issued

to

1

3.60
1

3.20

!3.25i%

4Mb 1943
F&A
6 0.75
4Mb Sewer Oct 1 1940-'47—
Lakewood—

4Mb Oct 1945
5s Park & Imp

to 2.00

_

106M
115M
6 1.00
6 1.00

to 2.30

4Mb Jan 1 1940-1940—
Fayette County—
4 Ms Highway 1952—J&D
Harrisburg—
4s May 15 1940-1953
Jeanette 4Mb 1940-1950-M&S
Lackawanna Co 4s 1944-F&A
Lancaster Co 4 Ms *40-'60F&A
Lancaster 8 D 4s May 1945-_

6 1.00

to 2.20

to 2.40

6 2.90

2.00

6 0.80

to 2.00

6 1.20

to 2.70

6 0.75

to 2.25

McKeesport Sch Diet—
4Mb 1940-1943M&N 6 1.25

toll.70

°30

to 1.50

Mercer Co 5 Ms *40-*47—F&A 6 1.20
Norristown S D 4 Ms 1943-J&J

1.00

to 2.25

Philadelphia-—

1.00

to 2.50

5s Jan 1951.

—

to 2.50

-J&J
5s June 1 1962 opt *52-J&D
5s June 1 1932 opt *52.J&D
4 M» May 1948
J&J
4Mb Nov 1 1948
J&J

to]2.50

119
120

120
112

112M

to 3.00

issued prior to that date are tax-exempt.

/(>25
1.25

Twp 4s 1945

1.00

Mahoning Val San Dist—
I
4Mb water 1940-1952—A&O & 0.75
Martin's Fy 5s 1940-'44_M&8 6 0.75

since Jan. 1,1913, are taxable, all bonds

103 m
to 2.50

M&S
F&A

Ms 1940-1966
4 Ms 1940-1960

Lower Merion
to 2.00

—A&O

'40-'41-A&0
Lima 5 Ms Sewer 1940-1947 .
5s Sewer Feb 1 1940-'51 F&A
Lucas Ce 4s O H 1944—M&S
4Mb 1940
J&D 21

6 1.30

Erie S D—-

to 2.60

M&N
F&A

4 M» Sept 1 '07 opt '41
Easton (Water Works)—
2

to 2.10

2.60
1.70

Bridge
Easton-Philllpsbiirg 4 Ms.
—F&A
1961
Phila-Camden—

0.50

Durham—

4M» *40-'41--M&N
4Mb Nov 1 *40-'45

—

_

1940-1946.M&S10

101M

Del River Jt Gomm

0.50

to 2.45

100
to 2.40

6 1.50

Dayton School Dist—
5 Ms 1941
—M&S
5s Mar 16

6 1.00

to 2.25

F&A

1944..J&D
5s W W Imp 1945
F&A
4Mb Bdge 1940-1951.-M&S
4Ms 1940
—M&S
4 Ms 1941-1961
M&S

38M

J&D

to 2.25

J&D 19

4Mb 1940-1955 s-a
Ms 1940-1959

Dayton—
5Ms W W Imp

Asheville—

2M Apr 1 1940-1967—A&O 6100M
2Mb 1940-1968
J&D 6100 M
2 Ms 1940-1961
F&A 6100M
4 Ms Sewer 1940-59-Altoona—

Cuyahoga County—
4MB 1940-1944
—.A&O
4 Ms 1940-1943
A&O
4 Ms Road 1940-1941— A&O
4s 1940-1941.
A&O

to 2,

0.40

D—
A&O

2

Columbus S D—
5s 1943-1952

A&O




to 1.75

6 2.15

4MB 1940-1953

A&O
—A&O
—J&J
J&J
J&J
J&J

4Mb 1940-1951
J&D
Forsyth Co 4 Ms '40-'58_J&D
Greensboro—
5s Water 1942
—F&A
4Mb 1940-1983
—J&J
4 Ms 1940-1965
F&A
4s Water Works 1954
J&J
Refg 3 MB 1957-1962— J&J

%

to 1.75

6 0.75

6 2.40

to 3.00

3 Ms 1940-45

1960-1977
2M» 1941-66

to 2.50

6 1.00

37

to 3.25

4s 1940-1968

1940-1959

6 2.00

%
%

to 1.75

1.00

to 2,

1940-1979

to 2.75

35

6 0.50

to 2

,'s 1940-1970

to 1.25

6 0.75

Multnomah Co—

M&S

0.50

M&N
M&N

to

6 1.00

4M? 1949-1956
F&A
4s Bridge 1945-1955—J&D

to 1.25

6s 1940-1957

2.35

Charlotte—
5 Mb 1940-1948

6 0.50

L

%
2.75 %

6 0.75

Ref 1-5%

to 2.75

Columbus—

0.50

1 1976

to 3.00

4Mb Bridge 1940-1944-J&D

1.00

0.50

to 3.40

J&J

l -4s gen ref July

to 3.20

to 3.10

J&J

1 1976

to 3.10

to 3 .10

-A&O

1-48 gen ref July

to 3.00

0.75

4M« 1940-1968

1MB 1942-1943
1Mb 1943-1946

6 0.50

%
%

—

to 3.00

0.75

4Mb 1940-1962

2s 1948-1949

to 2.75

2Ms May 15 1940
6 1.25
3 Ms May 15 1941-1945
4 Ms H'way '40-'49 (s-a)-A&O 6 0.60
4s Highway 1940-1942- -A&O 6 0.60
6 0.60
4s Highway 1940-1941
A&O

to 3.25

2.25

2

2Mb 1946-47-48
2Mb 1940-1948

6 0.50

2.50

to 1.25

Cleveland Heights S
6s 1940-1959-..

CAROLINA

5s July 1961

to 2.75

Astoria—

Ashland 5 Ms 1940-1944.A&O
Canton—
5s Sewer 1953
»-M&S

4s 1940-1956

J&D
J&D

White Plains—

A&O

4s Water Works 1942. A&O
Allen Co 5 Ms 1940-1950.A&O

3 Ms Sept 1

to 2.60

6 0.50

3%00

OREGON
1.00
1.00
0.75
1.00
1.00
1.00

A&O
...A&O

4Mb 1940-1956

to 3.30
to 3.00

1952-1980
1940-1963--

4Ms 1940-1947.
4Ms 1940-1952

County

5 Ms July 1948
5 Ms Wat & Pk
5s 1940-1947

(See footnote *)

Akron 6s 1940
A&O
5 Ms 1940 1951
-J&J
5s Water 1940-1953—A&O

to 1.50

1.50

to 2.75

Tulsa—

2.25

Sewage Dis 1940-65-M&N 6 3.25

4s

3.20

0.20
2.60

6 0.50

.

.20

Forks—

0.20

4s Co Bldg 1940-59—M&S
4s June 1 1959-1964—J&D
3 Mb 1940-1951—J&D

to 1.75

-

5s July 1 1965
4 Ms July 1943

County—

5s 1940-1976—
J&D
4Mb San Sew *40-'82—J&J
4Mb Parkway 1962-86-J&D
4Mb Co Bldg 1940-44--A&O
4Mb '44. '45. '56 & '69 J&D

0.50
6 0.50

OKLAHOMA

to 2.75

1.00
1.00

M&S

Sept 1940-1947

'46-'51—F&A
J&J
J&J
4 Ms Sewer 1955
A&O

104 M

/

W inston-Salem—

OHIO

%
%
%
%
%
%
%

%
%

to 2.70

to 2.80

Grand

%
%
2.40 %

%

to 2.50

1

less

1.00
1.00

to 2.75

1.40s 1940-1969

*

1940-1959——A&O
4 Ms 1940-1950
A&O
Youngstown—
6s Bdge 1910-1941..—A&O
4Mb 1940-1957.
A&O
Youngstown School Dist—
4 Ms 1944-1947
M&S
5s 1940-1944—
M&S
Zanesville S D 5s '40-'43_A&0

%"

112M

to 2.30

Warren Co 4Mb

s

4 Ms

98
101

2.75

Impt 1955
A&O
4Mb 1940-1962
A&O
4Mb Pub Imp 1940-60.J&J

to 2.60

Toledo School Dist—

to 3.75

4Mb July vl951 & 1955...J&J 6 3.75
4Mb Jan 1957
J&J 6 3.75
6 3.25
Fargo 4s Aug 15 1940-1954

2.75 %

5 "o.5o"

12,

a

M&S15
M&S
4Ms Nov 1 1940-1953
4s Park July 1 1942
J&J

Wilmington—
5s Ref &

F&A

4 Ms 1940-1954
4 Ms 1940-1953

to 3.20

43

1972

%

111M

4Ms 1940-1950
A&O
4Mb 1940-1970".—
J&D
4Mb 1940-1965—
J&J
Utica—
8 Pub Imp *40-'45-J&J15
:0s 1940-1949
F&A
4.15s 1940-1950
M&N
4.10s 1940-1946
A&O
3.90s 1940-1948
F&A
3Ms May 15 '40-'51..M&N
Revenue 2.75s 1940-66 A&O

5a

100

to 1.00

A&O

5s W W 1940-1944

_

6s 1940 reg—

2s

Salisbury 6s 1940-1941 _-M&N
Transylvania County—
Refunding 1M% 1940-1942
2% 1943-47. 2M% '48-'52
3% 1953-57 and 4% 1958-

to 2.25
to 1.50

6s Pub Wharf 1960—M&S
5s Sewer 1949—
M&S

Randolph*County—
4Mb 1940-1947
F&A 6 1.25
4Mb 1948-1959.
F&A 6 3.25
Rutherford Co 5s '40-'52__J&J 6100

to 1.25

Toledo

0.50

Trlborough Bridge—
4s s f revenue 1977
A&O
4s serial revenue 1942-'68—

3 Ms
3 Mb

Summit Co—
4M
1940

.00

to 3.50

„

4Mb

5s Bridge

%~~

Union Free Sch Dist—
2.80s 1940-1958
M&N b 0.50

4Mb

2.75
to 3.80

5s Farm L'n 1940-45&'50 J&J 6 3.00
5Ms 1945 & 1948 ser O...J&J 6 3.25

to 3.25

0.50

.

Troy—

6 2.80

A&O 6 2.25

*42-F&A

2Ms June 30. 1940-1948
2s June 30. 1949-1954
Muskogee—
4 Ms Aviation 1940-53-J&J
Oklahoma Gity5s Water 1940-1947- -M&S
4Mb Water Works 1941 J&J
5 D 4 Ms 1940-1953—J&J

0.50

.J&J
Water 1940-1950—J&J

5 Ms

to 101

1940-1951—F&A 6 1.00 to 3.20
Mecklenburg Co—
2.20
6s Ref Nov 1950
M&N 6 2.25
%
Pitt County—
%
2.80 to 3.30
0.50
4Ms 1943-1947
M&S
3.80
3.90
5s Fund June 1959
J&J
%
Raleigh—
2.60
5s Impt June 1 1944--J&D 6 2.65
%
4Mb 1940-1967_.
A&O 6 1.25 to 3.50
4s 1946-1950
—M&N 6 2.85 to 3.10
%
3 Ms 1951-1956
%
M&N 6 3.00 to 3.25
3s 1955-1970
A&O 6100M to 97 M
%

4Hs 1940-1957
A&O
0.40 to 2.06
3 Ma 1940-1951
—£&A 0.20 to 2.00
2 Ha High & ref 1940-57 M&S
0.20 to 2.06 %
2.20s June 1 1940 1962 J&D
0.25 to 1.50 %
Sullivan Co 4 Ms '40-'45.A&0
Syracuse—
5 Ha 1940-1960
M&S 0.25 to 2.25
0.25 to 1.50
4Mb 1940-1944
...M&N
0.25 to 2.50
4.20s Dec 15 '40-71 J&D15
0.20 to 1.60
4s 1940-1946
F&A
0.25 to 2.00
3 Ma 1940-1951
J&JJ5
0.20 to 3.50
3s 1940-1971
J&J15
0.20 to 2.00
2.20% 1940-1957—M&S
0.20 to 1.90 %
2s 1940 1956
M&S
1.40 to 1.50 %
2.10% Aug 15 1946-1947—0.25 to 1.60
1M« 1940-1948
F&A
0.20 to 1.40
IMs 1940-1946—--M&S
own"
Thousand Isl'dse See
Watert
Tloonderoga S D No 5—
4Ms July 1940-1958
J&J b 0.60 to 3.00 %
Tonawanda (City of)—
0.75 to 3.10 %
3 Ms sewage 1940-69—-J&J
0.50 to 1.50 %
4Mb 1940-1942...—J&J
0.50 to 3.10 %
4Ms Sewer 1940-1953—J&J

5«J7ater_1940-1950

Conservancy Dist—
6 0.50
5Ms (1 to 5 yr mat'y)__J&D
6 1.25
5Ms (5 to 10 yr mat'y).J&D
Montgomery County—
5s Flood Emerg '40-'42 J&D 6 1.00
Newark 4 Ms 1940-1941- _A&0 6 0.50
Portsmouth City S D—
6 1.25
4 Ms 1940-1950
J&J
Springfield—
6 0.50
4Ms 1940-1949
M&S
6 0.50
4s 1940-1955
-M&S

Lincoln Co—

to 2.10"

Net

Ask

Miami

to 3.35

4 Ms

r#

or

Bid

Bonds

Net

1

%

to 2.10
to

Ask

1.50!%

0.25 to 1.60

_

Yield Basis
To

or

Bid

Bonds

Net

Ask

Bid

the date of issue

Yield Basis

Yield Basis

Bonds

BONDS

all securities are as near as possible for the closing day of the month preceding

6 Basis. / Flat price.

121M
121m

Il3M

%

°A0

Jan., 1940]

STATE AND
Quotations for all securities are as near

as

MUNICIPAL

Yield Basis

I

Ask

Philadelphia (Concluded)—
4 Kb 1976 opt 1940
108 H
4Kb Dec 17 1978
J&J 111K
4s July 1942
J&J .105
__J&J
J&J

4s Jan 1 1946
4s Feb 16 1955

Bonds
SOUTH

109 K
112

107 K
113

to

2.10

b

to

2.90

Jackson

1.50

to 2.90

J&J b 1.25
J&D b 1.00

4s 1940-1956

J&J15

6 0.25
b 1.50

to 2.80

Operating Revenue—
1 Kb Apr & Oct 1940-1941

b 1.00

less

5 Kb Dec 1 1940

100
b 2.25

l ess

I

b 1.75

less

34

5 2.00
5 2.00

to 2.80

5 1.75

to

5s 1940-1960
M&N
414s 1940 1970
M&N
4 34 1940-1945
M&N
4s School 1940-1951—.J&J
2Kb 1940-1957
J&J
2Kb voted 1940-1958-F&A
Dallas Co 434s Apr 10 1951.

%
%
2.25 %

to 2.60

5 2.30

ess

1

El

80

90

J&D

to

b 0.75

to

95
65
95

100

to

12.10

Public Works Relief—

5 1.00

less

School District—
3s 1944-1964-

F&A
2Kb 1940-1963
J&D
Reading 5s Impt 1943-49-J&J
Schuylkill County—
4Kb 1940-1955--J&J
Scranton 4Kb

1940-1941.F&A

b 1.50

to

b 0.75
b 1.50

2.10
to 2.20
to

6100M

to

F&A b 101

5s 1940-1950Scranton School

to

District—_
4KB 1940-1956
-J&J 6100>4
3% opt rev 1940-48--M&N 6100)4

2.20

2.70
2.10
2.75

to 3.00
to

2.55

Wilkes-Barre—

4KB 1940
J&J
4Kb Impt 1940-1945—J&J b 1.20
York 4Kb 1940-1943
F&A b 0.70
-

1.00

-

to

to

—

1947-1948
J&D
Sept 1 1944
Sept 1 1945
1948
J&D
3.90s Sept 1 1955-1958
4s 1940-1955
43*a 1940-1967
434s bridge 1944-1945
6s July 1 1943
6s April 15 1946-1947
Carter County—
5s fhnding Jan 1 1959—J&J
534s road
Chattanooga—

to

b 1.00

Sept 1 1946

2.00.%
1.40 %

ISLAND^
to

lk%

1910-1943-"-J&D

June 1

to

6

3% Public Wks 1951-56-M&S b
4s Chant Inst 1965
M&S b
4b June 1 1977
J&D.6

0.75
0.75
1.35
2.00
2.10

Cranston—

2Kb Nov 15 1942-1971---- b 1.00
J&J b 1.00

4s 1940-1966

4Kb Mar 15 '40-73-M&S15 b 1.00
5s 1940-1942
A&O
0.75
Newport—
5 Kb June 1 1940-1953
0.75
4Kb May 1940-1942..M&N
0.75
4s May 15 1948
2.00
M&N
2.10
3Hs g High sch 1954.J&D
Pawtucket—

J&J
J&D
M&N

4KB 1950
4 Kb Sewer 1952
4KB School 1954

to

2.60
2.75
2.75
to 1.25
to

to

to

2.25

to 1.00

1.75

2.00

5 1.90
5 1.95

1.70 %

1.75 %

5 1.50
5 1.65

1.40

5 2.00

2.50

5 0.50

to 2.70

5 0,50

to

4KB 1940-1959
4s Jan 1

...J&D

2.00
96
98

Electric Power Revenue—

234s 1941-1968
J&J 5 1.00 to 3.10 %
2Kb July 1 1969
J&J 5 3.15
3.00 %
434s School 1956
A&O 5 3.90
3.75 %
4 34 s Memorial Aud'52M&N b 3 90
—3v75 \%~
5s Hospital 1954
M&S 5 3.90
3.70 %
Davidson County
4Kb Highway 1947—J&J 6 2.10
1.80 %
5% Co Memorial '40-'50J&J 6 0.50 to 2.20 %
Dyer Co ref 3 34-4 Kb 1965
77
80
Fayette County—
4Kb Road 1958
J&J 6 4.50
4.30
Gibsoa County—
434s, 1940-1958
6 1.50 to 3.80
Hamilton
County
434% Refunding 1957.A&0 63.70
3.50
5% Bridge 1944.
6 2.75
2.50
Jackson—
4Kb Ref 1940-1948—J&J 6 1.00 to 2.75
Johnson City—
534» Impt 1939-1946—J&D
93
96
Knox County—
434s Bridge May 1 51 M&N 6 3.20
3.00 %

3.00

2.75

3.00

2.75

2.85

Refunding 434s Jan 1 1958
Refunding 434s Jan 1 1958.
Refunding 5s Jan 1 1958

2.50

Refunding 6s Jan 1 1958

„

1945

4s Oct 1 1954

—-J&J
A&O

1.15

10334

General

103

4s May 2 1957
4s Water 1962

M&N2

104

4s Oct 1 1964
4s 1940-1950

3s

1944-1951

6 3.15

111
3.00

6 3.60

3.40

2J4s

1951-1959
1940-1957

6 1.50

to 3.25

2Kb
2s May 1 1940-1958
WPA School Loan—

to

0.75

to

1.25

to

2.25

to

F&A

0.75

to

0.50

to

J&J b 1.35

3s 1946-1965
Woonsocket—

to

4H4 funding 1941

J&D

1.75

6s Fund 1940-1961

M&N

1.00

to

J&D

1.00

to

4Kb Funding 1944. —M&N
4KB 1940-1967
J&D
4Kb June 1940-1957—J&D
5s Funded 1940-1959—A&O
4s Funding 1947
A&O

1.85

4Ka 1940-1967

1.00

to

1.00

to

1.00

to

1.90

2.35
2.20
2.25
2.50
2.50
2.20

2.50
1.50
2.85 %

2.85'%
1.501%
2.90!%
2.60 %
2.60 %
1.75 %

CAROLINA

434s Water 1949
434s Park 1959
434s 1940-1955
4s 1940-1954

1.00

to

3J4s Refunding 1940-1965—_
State Highway Certificates

1.00

to

of

3s 1940-1952,

J&D
J&D

1.00

J&J

1.00

1.00

A&O
F&A

2.30

Aiken Co 4Kb 1940-1945.F&A
Anderson Co—

1.00

4Kb Highway 1940-43.F&A
Charleston 414s Jan 1942-J&J

1.00

2Kb 1945-1954
1Kb 1941-1950

3Kb Wat Works'40-78A&O
Columbia 5s Ref 1941— M&S
Water 1945

1.00

2.50
1.00
2.25

J&J

2.30

Greenville 5s St 1942
J&J
8 V*s water ref 1940-76 M&N
Greenville County—

2.25

4Kb 1940-1955
J&J
4Kb Highw 1940-1945-F&A

1.00

2.50
2.50
to 2.50
to 2.80
to 2.40 ~/o
to 2.30 %
to

2.25 %
2.35 %
%
1.75 %
2.25 %
2.10
^.iu %
to 3.25 %
to

to 3.25

1.00

to

1.00

to

2.75 %
2.30 %

Greater Greenville Sewer Dist

4KB 1967

334s 1940-1944
2.10s 1945-1954
Electric Plant—

3s

sewer

2Kb sewer 1949-1958.J&D b 3.00
Kershaw Co—
5s Highway 1940-1946-F&A b 1.00
Marlon Co—

4Kb

1940-1941

M&S b 1.00

3.50 %
to 3.00
to

3.25

1

to

2.80 %

to

4Kb Water 1940-1965-J&J
5s Nst 1 1943

1.00

to

1942-1949
1950-1969

4Hs 1940-1950

M&S

1.00

to

1.25

to

2.80 %

J&J

1.00

to

2.70 %

2.60 %

3.25

1
%

1949, 1954, 1959. 1964

F&A 6 0.75

3.85

to

0.75

to 3.25

0.75

to 3.25

0.50

to 3.25

0.50

to 3.25

0.75

to 2

1.25

70

1.50
to 3.40

to 3.75

Wichita Falls—

4% to 434% due 1969

95

97

pages

19 and

to 1.80

UNITED

STATES—See

Refunding 1941
Ref 1940-1945

J&J 6 0.90
A&O 6 0.50
6 1.90

4s Ref 1946-1965

Salt Lake City S D—
4s May 1 1949

92

0.50 %
to 1.70

A&O

0.60
to 2.50

M&N 6 2.10

1.90

2.15

%

6 2.90

%

to 1.80

5%-2 34 % Refund '58.M&N 6 2.20
Salt Lake Co 434s Apr 1 1942 6 1.00

0.75

VERMONT

2.75 %

6 0.50

to 2.30

6 0.50
J&J 6 2.50
A&O 6 3.00

to 2.90

2.30
2.90

%

i
I

J&D 6 0.50
M&3 6 0.50

to 2.75

%

J&D 6 0.50
J&D 6 1.65

to 1.50
to 2.20

%
%

J&D 6 1.00
J&D 6 2.00

334s 1940-1948
J&D 6 Par
4Kb Oct 1 1940-1949—.A&O 6 0.50

to

1.75

to 1.85

Brattleboro—
4s Refunding 1942-1951 J&J 6 0.75
Burlington—
434s City Hall 1940-55. J&D 6 1.00
Rutland (School Debt)—
4s 1940-1948
F&A 6 1.00

to

1.75

to 2.35

to 2.75

.

4s

(Commonwealth) 1962—
234s Refunding 1947-'60—J&J
1348 Refunding l940-'46—J&J

3.00

Albemarle Co 5s 1948

to 1.00
to

to 2.00
to 2.35

VIRGINIA

to 1.90

6 2.25

2.10

6 2.10

1.60

6 0.25

to 1.75

J&J

2.50

Alexandria—

2.70

to 2.20

3s 1940-1973..J15 & D

6 0.30

to 2,80

%

F&A 6 0.50

to 3.00

to 2.75

Bristol—

%

to 2.75

534s School 1940-1953.. J&J 6 1.50
Charlottesville—

to 3.30

%

to 2.00

1.00

to 1.50

5s 1962 opt 1942
M&S 6 1.60
5s Water Impt 1958-__J&J 6
2.85

1.60

to 2.30

.

Arlington County—
534s 1940-1954

0.40

0.75
0.50

to 2.50

0.50

0.50
0.50

15

Danville—
434s July 1 1940-1950--J&J 6 0.30
Fairfax Co 454s 1945..F&A2 6
2.75
Henrico County—
School 5s 1940-1950—.J&J 6 0.30

92

88

2.75

4s Courthouse 1957
A&O 6 2.65
5« Aud Mkt H'se 1949.M&S 6
2.45

2.50

,

2.20

1.50 %
2.75 %
to 2.75

%

2.50 %

Lynchburg—

Shelby County—

434% Jail 1940-1951—M&8
County—

6 0.50

Fdg

to 3.50

434s Road July 2 '40-'58J&J
Washington County—
5% Fdg Jan 1 1954
J&J
White County—
534% Highway 1955-M&S

6 2.00

to

434s 1940-1972
5% Water May 1952

3.90

6 3.80

3.60

6 3.75

3.50

to 2.65

98
to

J&J 6 0.50
J&J 6 9.50
J&J 6 0.50
J&J 6 2.50

3.50 %

Works 1954.M&S
A&O 6 1.25

5a 1949-1965

J&J 6 1.00
J&D
100
A&O 6 1.00
-A&O 6 3.10

0.75 %
to 3.00 %
to

to 2 50
to 2 80

%
%
3

to
to

10

3.40 %
3.40 %

to

3*40

to

3.60

6 0.25

to 2.30

%

to 2.85

%

Water 1948

J&D 6 1.80

Richmond—
434s 1958
J&J
434s July 1 1964
J&J
434s July 1 1941
J&J
4 34s July 1 1965
_.J&J
234s 1940-1953
J&J
lMs Jan 1 1941-1960
Roanoke—
2 34s Water 1940-1908.A&O
2 34s Jan 1 1941-1958—J&J
434> 1940-1956—
Staunton 5s 1940-1958—M&S
Tazewell Co 5s 1940-40—J&J
Washington County—
5o school 1940-1949
J&J

X Optional to Jan. 1, 1943 at 104; 1948 at 103; 195^ at 102 and 1958 at 100.

to 3.40

%
3.00

5% Port Terminal May

5s

%

2.60

*52. 6 2.80
Petersburg 434s 1952—.A&O 6 3.00
Portsmouth—
534s 1951F&A 6 3.00
434s 1940-1954
J&J 6 0.75

„

TEXAS

Abilene 5s Feb 15 1959-1965-90
Amarii'o434s '40-'58-M&S 15 6 1.00

4Kb 1940-1961
4 34 a 1940-1953
4 34s 1954-1958
Beaumont—

J&D

Norfolk—

Tipton County—

5s 1940-1942

4 34s June 1 1957

4s Pub Impt 1940-1959.J&J 6
0.25
Newport News—
4 Ms 1940-1958
F&A 6 0.50

to 2.35

1940-1958—J&J 6 1.00

Smith

434s 1940-1970
4a 1942 opt 1922
334s 1940-1952
4s 1953-1977




1.50

to 3.75

A&O

4Kb ref Apr 1 1953-1964— 6 3.50

I

to 2.70

Austin—

f Flat price.

3.25

to 2.65

3.00

5s Water

6 Basis.

w

Wichita County—

£

6 3.40

434s High Sch 1940
J&J 6
434« Hospital '40-'56—J&Jife
434» 1940-1968
M&N 6
434s 1940-1967
J&J b
4 34s 1940-1948
M&S 6
Electric Power Revenue—
334s 1942-1945
J&D 6
234s 1946-1959
J&D 6
Polk Co 5s 1910 -1946
J&D
Robertson County—
434s Road 1948.
-F&A 6

3.20
%
2.25 %

J&J

5s 1940-1952
York County—

25

0.75i

to 2.00

5s

2.00 %

2.50

to\3.25

36 3*25

0.75

4s

Spartanburg—

Spartanburg County—
4Kb 1940-1947—
Sumter County—

1.00

0.7,

5s Water Works 1942..J&J
4 3*s Water 1940-1968—J&J 6 1.00

^

6 0.75

6s 1940-1942—
—.A&O 6 0.50
5s March 1940-1960—-M&S 6 0.50
5s Memorial 8q '40-50.M&S 6 0.50

534s

M&N
4.00
1940-1958-..J&D'6 1.00

2.75
3.20

J&J

„

land River Bdge 1953.F&A 6 3.20

to

F&A

to

to 3.40

Salt Lake City—

Nashville—

Indebtedness—

4Kb 1940-1953
3Kb 1940-1949

4Kb

2.75
2.60

3710

534s April 1 1941
J&J 6 0.85
1348 refunding 1940-1955
6 0.60
Ogden 434% 1940-1945—F&A 6 0.70

Montgomery Co 5s Cumber¬

4s Instltu'l 1940-1959——J&J

3.00

Waco—

10434
10434
10434

Gas Plant—

2.10s

3.25 %

to 2.70

UTAH

10334
103 34
103 34

Obligation 434s
General Obligation 4Kb
General Obligation 5s
Funding 5Ms Sept 1950
Water 434s
4s Funding 1952-1962.A&0
Electric System Revenue—
33*s 1941-1954
J&J
334s 1955-1958
J&J
Madison County—
434% Highway '40-'49 J&D
Memphis 5s July 1954
J&J
5s River Term '40-'48_A&0
4Kb Water 1940-1962—J&J

3 34s

SOUTH

to

534s W W 1940-1965.M&N
5s Sept 1940-1959-.—M&S
5s St Impt Dist No 2 1943..
434s 1940-1967
J&J
434s 1910-1968
.F&A
3s July 1 1940-1951
J&J

106

10934

J&D
J&D
F&A

2.40

2.80
2.75

0.75

Knoxville—

2.20
2.20
2.35

2.35
2.65
2.65

J&D
A&O

to

to

8an Antonio—

105

105

to

6 2.25

D 4s '40-'64—F&4

Port Arthur-—
5* 1940 1970—

10434
10434

0.75
1.35
2.35

to 2.25

4Kb Apr 10 '4O-'50-A&OlO 6 0.50 to 2.40 %
Houston—
0.50 to 2.50
434s Sept 1940-1952—M&N
0.50 to 2.60
4Kb 1940-1957
J&J
1.25 to 2.65
4Kb Impt 1940-55(s-a)_J&J
1.00 to 2.25
4Kb 1942-1947
2.00
Houston S D 5s Feb 1952
4 34s 1940-1951
J&D 6 "0.75 to 2.50
Palestine 5s Sch Aug 1 1944,
6 1.75 to 3.75

1.30

92

6 0.50
6 0 50

Harris Co—

2.75

90

to

Grimes County

1.60

5 2.20

to 2.00
to 2.75

0.75
6 1.80

J&D 6 0.75
0.75
F&A

5s 1940-1950

%

1.85

5 2.70

5 1.80
5 1.60

6 0.75
6

534s Road 1940-54.A&O 10 6 1.25

1.25%

3.10

Providence—

102

6 0.75

324s Nov 11940-1967.M&N
Galveston—
5s Grade Raising 1944.A&O
5s School
1940-1954—M&S

""

RHODE

:<.75 %

ro

A&O

434s 1940-1971
4Kb 1940-1964
4s Refunding 1941

34

Ind Sch

234s
334s
334s
334s

2.20

__J&D b 2.40

1953

4K%

3.25

101

A&O 6 1.00

Fort Worth
5s 1951
5s 1940-1959

75

TENNESSEE
3s

Net

I'aso—

454s 1940-1960

2.10

b 0.75

to 2.10

r.

5s W W purch I960...A&O
5s Impt Aug 1 1948—.F&A

2.10

b 1.00
b 0.90

Ask

Dallas—

Pittsburgh—
4Kb 1910-1950
J&D
2^s Sch Dist 1940-62.A&O
2Kb July 1 1940-1956--.T&J
2Kb Feb 1 1940-1958-F&A

Bid

534s Impt Apr 10 1956-1966
Corpus Christ! 5a fd "67.F&A

34

Sioux Falls S D—

100M

To

or

Bonds

Net

Co—

434s fund 1940-*47-M&N15
Perkins Co refunding 3-4s
Stanley Co refunding 4Kb

to 2.00

Ask

Brazoria Co—

......M&S

5Kb Jan 15 1943
J&J15
4Kb Rural Credit 194?-J&J
434s Rural Credit—
Due May 1 1943-'50—M&N
Ref 4s Aug 1
43-'49...F&A
3 34s 1043 to 1946-.
F&A
3s Feb 1 1947
——F&A
Corson County—
4-4 Kb
1942-1958

...

4s 1940-1942

Bid

DAKOTA

6s Sept 1941
5s
Jan 15 1940

114 K
4s Nov 1 1966
J&J
116
120
4s July 26 1972
-J&J 105 X
10624
3 Kb July 1 1986 opt 1956._
10634
105^4
3Xs Jan 1 1941-45
J&J b 0.60 to 1.80 %
2Xb Jan 1 1946-1960.-J&J b 2.10 to 97 34

Philadelphia School Dist—
4Kb 1910-1913
J&J
4Kb 1941-1959
M&N
4Kb Apr 15 1940-58.A&Ol5

Yield Basis
To

or

Net

99

Yield Basis

To

or

Bid

Bonds

BONDS

possible for the closing day of the month preceding the date of issue

less

1

less

1

less

1

to 3.10

less

6 2.10

less

1

6 2.15

less

1

6 2.10

less

1

6 0.25

to 1.90

%

1

0.50

6 0.20

to 1.65

f

6 0.25

to 2.60

%

6 par
6 0.25

to 2.40

6 0.25

to 2.85

6 0.25

to 2.30

t

6 0.50

to 2.90

%

to 2.50

i

STATE AND MUNICIPAL BONDS

100

Quotations for all securities are as near as

possible for the closing day of the month preceding the date of Issue

Ask

Bid

Bonds

To

or

To

or

Yield Basis

Yield Basis

Yield Basis

Bonds

Net

Charleston 8 D—
5s
1940-1952

Seattle School Dist No 1—

WASHINGTON
6s Gen

J&J

Fund 1940

3M%Gen obllg
-.1951-52
Toll Bridge Authority—
Revenue 4s 1968
J&D
Olark Co 5 Ms *52 opt '33 A&O
Refunding 6s 1955
M&N
Everett—
4 V^s Gen oblig wat. 1940-59
"Water revenue bonds—

1946-—

4s 1946-54 optional
2s 1941-1945-

4s
1946-1950
M&N 6 2.20
Spokane—
4 Ms Park 1962
J&J b 3.25
b 0.75 to 1.00
4s & 4 Ms ref 1940-51—J&J b 1.00
b 0.75 to 1.30
3Ms Ref 1943-1954 —-J&J b 2.25
b 2.30 to 2.50
4Ms 1940-1954
M&S b 1.10
b 2.50 to 2.60
5 Ms 1940-1953
J&J b 1.25
6 2.40 to 2.50
5s Imp Mar 1 1940-1942—. b 1.00
Spokane Water Revenue—
101
99
4.00
4Ms-4Ms 1940 1941—A&O b 1.00
Tacoma—Revenues—
bToo" ""3.75 %
4Mb Water '40- 43 (s-a)J&J b 1.25
4Mb EIL&P '42-'46(s-h)J&J b 1.50
6LOO to 3.50
4MsEIL&P'40-51(s-a
A&O b 1.00
4s Water 1944-1946
J&J 5 2.25
2.90
6 3.10
b

—

0.75

to 2.40

b 1.00

to

2.00

b 1.00

to

b 1.00

to

3.00
3.00

& 1.00

to

b 1.00

to

J&J

b 1.00

to

3.15
3.15

P—A&O
5 Ms L & P 1940-1943-M&N
5s Light & Pow 1942-56A&O
4 M T.t & Pr 1940-'58—M&N
Emergency Funding opt *44
4Mb 1941-1959 opt--M&S
General obligations—
4Mb 1941-1955——A&O
4Mb 1940-1957
A&O

b 1.50

to 2.25

b 1.50

to

4

Ms Jan 1940-1955

6s 1940-1941 L &

Munic Lt & Power Rev—

4Mb 1949-68 opt
4s 1940-1953
3 Hb 1943-1953
3 Mb 1910-1954
b Basis.

M&N
A&O

A&O

to 2.70
to

2.50

b 2.25

to

3.90

b 1.50

to

4.00

6 1.50

to

6 1.50

to

3.10
3.10
3.20

.

6 2.00

to 3.85

6 3.00

to

3.85

6 2.00

to

3.75

to 1.60

WISCONSIN

5 1.00

to 2.50

4Mb
1940-1949
Milwaukee—5s 1940

5s Wat rev 1940-1951-J&D 5 1.00

to 3.25

to 2.00
to 2.00

4M« ref wat
Yakima—

1940-1954--J&J

to 1.40

J&J

5 0.30

J&J

5 1.40

to 2.00

1940-1943
J&J 5 0.25
4s 1940-1950
J&J 5 0.25
4s July 1948-1952——J&J 5 1.70

to 0.75

4M«

1940-1946

1945-1954

J&J
J&J

3 Ms 1951 and 1952
3 Ms
1943-1952

5

to 1.85

to

1.90;

Capital

0.75"

to 1.90

10

(Hartford)

to 1.40

5 1.40

AUemannia Fire (Pgh)
Amer Alliance (N Y)_

10

(Read'g.Pa)
Equitable (N Y)

5
5

Amer Gas

10

(Wash'ton) 100

Amer Home Fire(N Y)

10

(Newark) 2M

Amer Reinsur (N Y)-

10

(N Y)_

10

Amer States (Ind'nap)

10

Amer Reserve

Amer Surety

(N Y)

—

Automobile Ins Hartf)

25
10

Baltimore Amer (Bit) 2M
25
Bankers & Shipp (NY)
100
Boston (Boston)
Buffalo Ins Co (Buff) 100
5
Camden Fire (Camden)

to 2.00

4s Road 1951 opt

5 1.00

to 2.00

to 2.00

Road 1950-1951

J&D
M&S

1Mb Road 1944-1964
Charleston—
2Mb 1940-1958

2Mb

5s

0.50
0.50
0.50

to 1.40
to

1.80

1.00

to

3.00

1.00

to 1.50

1.00
2.00

to 225

to 1.90

to 3.50

J&J

5 0.60

0.55

5 0 50

to 1.75

100 M
6 Tib" to 2.00

J&D 5 0.50

to 2.20

5 2.15

to 2.50

J&D

1958-1972

1941—A&O

1940-1944.

preceding the date of issue.
Surplus
31,

Premium

375,943
200.000
1,272,601
1.000,000
3.343,740 10,857,420
2,000,000 4,547,339
1,317,678
1,000,000
353,581
300,000
7.500,000 5,200,522
5,000,000 7,875,522
1,500,000 1,973,048
1,000,000 2,159,517
3,000,000 10,934,125
1,000.000 2,332,123
2.000,000 4,112,115

Reserve

Bid.
Per

16,777,037
20,016,996
5,357,42o
5.561,485

125M 129 M

1,492,496

23 M
24

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

51

53

30M
80 M
21M
22 M
7M
20M

33 M
84

8
22

115

10

637,530
1.000,000

1.381.316 *20,156,811

5

2M
2M
10
5

10

20
Fidelity & Dep (Bait;
Fldelity-Phenix (NY, 2M
10
10
20

25
5

Franklin Fire (Phlla).

5

General Reinsurance

5

10

Fire & Mai

10

Fire

(N

(Hartford)
Home (New York)
Home F & M (S F)
Home F re Security._
Homestead Fire (Bait)
(Philadelphia)

5

10

No Par Value,

1.605,556

7M

1,393,574

J*
23

26

63

65

7.096,478

380

400

20M

22 M

& Mfrs

ts

of

York

New

2,698,700
1,628,929

3M

5

1,000,000

8M

Insurance

(Wash)—

Nat Union Fire (Pitts)
New Amsterdam Cas

929,761

96,715

4M

-7M
14 M
131M 137

1i*

2

1,000,000

4,000,000

6.119,385

12M

14 M

10

1,000.000

1,929,254

1,526,968

33 M

35M

10

3,000,000

8,322.928

1,000,000

2,433.796

5
tJM Y) 2M

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

47

5

5,493,222

5,355.079

(Baltimore)
Brunswick
Fire
(NewBrnns.NJ)..
New Hampshire Fire
(Manchester, N H)

New

7

New

York Fire.-—
N'eastern (Hartford).
North River in*

165

1

Northern Ins Co(NY) 12M

15M
3H
25 M

104

NorthwesternNational
69

72

27 M

29

30

31

(Milwaukee)
Occidental Ins (SF)—
Old Line Life (Milw)_
Pacific Fire

25

10
10
25

(N Y).__
10
Casualty..5
Phila Life (Phila)
10
Phila Nat Ins (Phila).
10
Phoenix Ins (Hartf)—
10
Pan-Amer Life (N O)Peerless

35

37

40 M

40 M

1H
49

7
46 M

2M
51
9
47 M

Preferred
Accident
(New York)
Protective Indemnity

126
46
39M
32
30M

Providence

67M

Reliance ins (Phila)—

122

68 M

27

91

"94""
11

9M
31M
42 M
23 M

33 M
44 M

25M

27 M

25 M

ton

-

(Providence)..

ReinsuranceOorp(NY)
Republic (Dallas)
Revere (Paul) Fire...
Rhode Island (Prov).
Rochester
American

(Rochester)
St Paul F & M (St P).
Seaboard F & M (NY)

16M

18

Security Ins (N Hav).
Spring! ield Fire & Mar
(Springfield. Mass)

70M

Stand Fire

40
11

W*

42
12

13

28

29*

15M
25 M
82 M

26 M

85 M

21,176,385
2,500,000 *67,517.733
1,191,986
1,943,445

41M

34

W*
27

2M

1,000,000
1,000,000

823.786
2,481,657
728,959 *18.299,023
3,364,167
2.970,904

1,000.000 1,006,536 *33,088,084
231,918
400,000
1,050,988
700,000
213,507 *12,301,598
516,344
1,000,000 1.231,495
8,582,885
6,000.000 38,807,872
17 M

1,000,000

2,916,924

1,856,649

10
2
10
10

3,000,000
1,530,000
1,000,000
2,000.000

5,989,911
4,925,656
1.871,071
3,093,912

4,528,774
302-.479

34 M
22

10

1,000,000
1,000.000

1.356,309
596,816

884,075
2.518,622
1,202,436
1,703,257

5

10

5
10

25
10
10
10
25

(Trenton). 12X

1,000,000
1,866,405
4,000,000 23,912,397

1,000,000
1,000,000
2,000,000

814,309
1,000,000
3,839,180

5,000.000 13,740,691

1,000,000

2,057,265

831,574
9.594,343
669,168
855,000
4.012,609
12,033,372
2,122,829

19,089
Stuyvesant Fire (N Y)
5
500,000
832,348
Sun Life Ass'nce (Cas) 100
2,000,000 18,118,208 *64,064,391
Travelers Fire (Hartf) 100 20.000,000 33,356,461 *836 992853
US Casualty con vpref
2,446,031
2
1,000,000 2,117,312

7M
28
25 M
3

27
242

7

35M
34

36
8
23

38*
27

4M
30
247

8M

21 ^
36

123 M 127M
65
3
4—
280
330
430
440

U 8 Fidelity & Guar¬
anty

(Baltimore)—.

U S Fire (New York).

62 M

2,000.000
1,000,000

Washing -

Seaboard Surety (NY)

21

U 8 Guarantee Co...
Univer Ins (N J)

2
4
10

8
West Coast Life
(S F)
5
Westchester Fire(NY) 2M
Wisconsin Nat Life—
10

2,000,000 9,093.368
2,000,000 18,973,428

14,937,079
9,831,793

2,889,430
\5.336.231
457,694
400,000 1,200,615
375,000
225,000 *22.982,425
5,492,963
1.000.000 9,174,888
400,000
549.305 *7.390.380

2,000,000

22

52
64 h
17
4
34

16

IV*

30
44 M

f Consists of $341,550 $4 cum. 1st preferred. $500,520 $5 2d preferred and $75,000 $5
life insurance reserves
x Not an insurance company,
x April 30, 1939, figure.

so-callea legal reserve or




1.207,177

1,000,000
593,194
750,000
1,000,000
5,000.000 21,206.488

231,858
5.590,574

1M
19M

2.000,000
1.000,000

49

8,066,984

1,060,041

10 12.000.000

45

12M

200,000
1,100,000

653.589

Jefferson Stand Life— 100
20

64 M

2M

Ins

4,000,000

42

Jersey Ins Co of N Y.

62

8,522,631

5,218,589
4.120,384

&

5
20

40 M

1.000,000

3,028,627

Bonding

(Boston)

Nafl Union

8,357,631
43,558,406
2,264,228

10

2,000,000
Merch Fire Assurfcom
5 12,500,000
(NewnYork)
\pref 100 )

Mass

14,795,011
6,452,915

3.000,000 7,517.340
5 15.000,000 50,466,464
10
1.000.000
3.161.557
117.073
10 4,932,000
10

37

67 M

4,195,948
13,287,978
1,020.427
4,968,102
32.935.971

15
1

Hartford Fire (Hartf)
Hartford Steam B

8,654,847
259,259
12.691,358
13.456,785
6.503,077
2,248,841
916.633
1.299,562

1,000,000 4,201,288
8,150,000 24,838,632
2.000,000 1,694.093
10 4,000,000
5,704,764
10 12,000.000 52,819,019

5

(New York)

15,466,927
3,609,991

3,239,138

15

Great Amer Ins (N Y)
Halifax (B alifax, I

971,660

3,043,075
381,277
2,372,349
6,420,674

1,000,000 2,190,597
1,000.000 1,681,180
1,200,000 ;6,885,695
t917,070

5

2d preferred
Gr
Amer
lndert

9,112,384
19,726,149

35M
2M

10
2

2,507,100 *25,045,367

1,750,000 6,204,962
5,000.000 62.314,404
367,853
815,000
1,500,000 2,500,000
755,083
755,095
4,000.000 12,118,773
2,400,000 7,317,529
3,750,000 48,637,375
1.841,655
1,000,000
2,000,000 9.488.317
373,575
300,000
7.500,000 15,836,187
9,397,690 8,479,380
3,000,000 9.042,147
1.000,000 6,000,000
873,549
500,000
1.000,000
1,177,049

1,476,491
11.829,959

5
10

150

950,969 t45,626,515
7,027,579 *205394054

2,081,964
4,878,874

(Providence)
National Cas (Detroit)
National Fire (Hartf).
Nat'i Liberty (N Y)._

640

10

1.000,000
2,544,798

Merchants

630

9

2h

35
50 M

48M
34 M
32 M
7M
6M
98 M 101M

360

185,191

24

690,326 tl8.279.790

10

Georgia Home

share

330

110,418

22M

900,000

Casualty

_

Ask.

100,000

30

5

2,000,000

6,021,440 *99,042,056
2,049,258
1,325.001

IF

24 M
8

3,000,000

1,000,000
1,000,000

Mercha

23

950,596

City, Mo)
100
Knickerbocker (N Y)
5
Lincoln Fire (NY)--5
Manufacturers Cas'ty
(Phila)
10
Maryland Casualty..
1
sas

14 M
47

1,500,000
150.000

10

(Wilmington, Del).

Fireman's

Bid.

Per

~~8M

29 M

Continental Assurano

City]

Reserve

Premium

6M

28

400,000

10

Federal Ins (Jer

Capital

share

722,209

500,000

5

100

(Boston)

Par

Ask.

100

City)

Unearned

1938

Dec.

503,712 *16,135,536
2,073,653
1,478,210
X20.065

10

Louis)
City of New York (NY
City Title Insurance
Colonial Life (Jerse

♦

to

Natrona Co S D No 2—

6 0.20

(Wilmin

N.O.)

a

to

0.50

to 2 .00

5 0.25

Unearned

10 15,000,000
25 3,000,000

Hanover

1.40
1.30

0.50

WYOMING

5 0.30

Dec. 31.
1938

3,000,000 15,420.899
7,500,000 15.600,499
0,386,975
5,150,548
1.200,000 2.385,004
3,0()O,0( >0 3,466,435
550,000
500,000
1,000,000 3,396,613

10

(Hartford)
Agricultural (Watet'n)

Gibraltar

2.75

Kansas City Life (Kan¬

Aetna Life

Continental

to

to 1.80

%

M&S

Sur

Aetna Insur (Hartf)--

Carolina

to 1.50

1.90

2Mb Sept 1. 1946-1960-M&S
2 Ms Nov 11940-1962—-M&N
2Mb May 1 1944-1962
2s Road 1940-1963
J&D

$
Aetna Casualty &

In ur

..J&J
4Mb 1940-1945
J&J
4s
1940 1944
J&J
Milwaukee County—
4 Ms Ct H'se *40-'50 M&N 15
4Mb Sew Mar 12 1940-19454Mscourth'se '40-49 J&D16
Racine—4Mb 1940-'57—M&N
6s 1940-1941
F&A
Racine Co 5s 1940
—J&J
4Mb
1940-1950
J&J
Superior 4Mb Sch '40-'44_J&J

WEST VIRGINIA
5s Highway

5 0.50

J&D

to 1.25

/Flat price.

Par

Amer

to 2.30

to 1.50

Walla Walla—

Surplus

Amer Fire

to 2.40
to 2.25

to 3.10

Quotations are as near as possible for the closing day of the month

Amer

to 2.40

Madison—

1 Mb
6 3.50

3.00,

to 3.00

to 2.50

3s Sept 1. 1940-1946

2.80

6 3.10

Net

Ask

—

to 2.30

_

*43-A&O

2.90

4Mb

Seattle—

J&J 5 0.50
Clarksburg 5« 1940-1953.A&O 5 0.50
Huntington 5s 1944
Oct;—Morgan town 5s 1940-1948. J&J 5 0.50
Wheeling—
5s Wat Wks 1940-1952.J&J 5 0.40

2.40

Eau Claire 4 Ms 1940-1944.J&J 5 0.50
Green Bay—
0.50
4Mb 1940-1947
A&O
0.50
6s W W 1940-1960—M&N

2.40

2 Ms Water ref—1940-42
King County—
4Mb Bridge 194049-M&N
4Mb 1940 1950
MAN
Pierce County—
494s 1940 1944.
Port of Seattle—
5s 1940-1955
M&S

to

To

or

Bid

Bonds

Net

Ask

Bid

junior preferred stock

* Policy reserves,

ESTATE BONDS

REAL

101

Real Estate Bonds
Quotations

Bonds.

are aa near as

Bid.

Abraham Lincoln Hotel (Reading.
Pa) 1st extd 4-5s 1945
A&O

Bonds.

Ask.

64

Albany Metropolitan 5-tta

71

1949..

Alden (Hoiel) lst3-5s 1957—F&A
/

Alexander Hotel (Md)4s '42 A&O

73

60

N

\

<

orp

48 St Ream Corp l-4s_.Mar 1952
1400 B-way Bldg 4-5s 1948.J&J

1410 B'way Bldg 314s 1941.A&O

—

Cum income 2-6s July 1 1955.. /
Allied Owners Oorp—
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-MAN
Arcade Bldg & Rlty (Seattle)—
1st leasehold 3-6s 1948

Fox Det Theatre 6e 1942

18#
99
83

Income 3s 1957

20

22

1st

Assoc Realty Bldg 'Los Angeles)
Income 5s 1948 (w-s)
J&J
Baker Hotel 'Dallas)—

49

91

46

48

JAP

81

83

25
15#

1734

leaseh

1046

Feb

Harrlinai) Bids 6t 1961-.
M&N
Hartford Times deb 4 #s '51 M&N

103

Properties—
1st fee & I'hold 6s 1940-41 J&D
40
1st fee & mold 6s 1942
J&D
37
Herald Square Building—
1st s f inc 314-68 May 1 1948.r -•-3&#
Hotel Drake Corp Inc 3-5s '53F&A /
27
Hotel Lexington units 4s '55.M&S
44
Hotel Sherman, Inc—
1st 5s 1957 (w 8) Apr
/
15
Hotel St George 4s 1950
A&O
3214
Hotel Syracuse Inc 3s 1955—M&S
63
Hotel Taft Oorp 5« 1947
F&A
70
Insurance Exchange Building
12
(Boston) 1st 0#s 1943
F&A
Jagels & Bellis Realty 6s '48.M&S

45
54
5

13
20

Boston Parcel Post 3s Oct 1945—
Boston Postal Serv 5#s *38.J&J

35

3

4#
15#

49
25

21#
6#

5

Broadway-Barclay Inc—
/

22

20#
61#

64

41.

46
16

34#

32

90
90

leasehold 3#s-4s 1952...M&N
Lake 8h Ath Club (Chic) 6#s 46

r

10

8
17

19

*

102

65}*
13

1st Leasehold inc 4s 1945.M&S
2d Leasehold inc 2s 1945.M&S
3d Leasehold inc 1st 1945.M&S

15

41

43

12

13

49

A*

OhicHeraJd & Exam 6#s '50 M&S

5?*

77#

79#

51
51
47

State Bldg
6s 1940-1942

Hi

12#

61 j

64

102

28

30

2

3

50'

27

Eastern Ambassador Hotel units.
Edgewater Beach Apts—>

~8~

3

Liq Tr inc 6s w-s '50 Ann Oct
Edgewater Beach Hotel (Chicago)
Cum inc deb ext 514s '41—M&S
/
11 Park Place Corp 4s 1948 M&N
11 West 42d St (N Y C)—
4#s-5s (stamped) '53
M&N
80 Broad St Inc 4s Nov 1 1956
80 John St extd 4s 1950
A&O

/
870 7th Ave 4#s Jan 1 1957
Eppiey 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&0
5th Ave & 28th St Bldg 0#s 1945.
/
5th Ave & 29th St Bldg 6s 1948—
5th Ave & 55th St Bldg 4s '55 w-s
15 Park Row 4s w-s 1952
J&J /
50 B'way Blt^ 3-6a 1946...M&S
/
51 East 42d St 3s 1956—On Mar
/
51 Fifth Ave 4s 1943
A&O
52d & Madison Office Bldg—
1st Leasehold 3s Jan 1 1952
500 Fifth Ave 6#s 1949
J&D

f

Stamped 4s 1949.
.J&D
1500 Walnut Oorp (Phlla)—
A&O /

/

91

87

89"

31

41

1st mtge 2-5s 1955
N Y Majestic Corp 4s

—

•»

24

•»

M

N

17

18

56

58

10
16

13

78
101

70

534s
534s
534 s
534s
534s

72

16#
6

m—mm

6#
73
14#

71

13

38

batIAA

25
25

97

74

107#

18#
4#

v

77
20
6

•

F&A

64

Mtge—

B-I
B-K
C2
CW-1
series FI

45

46

50

52

34#

36#

36

51#
41#

—...

A

1900 Rittenhouse Sq"'"Phi'la)—~
1st cum income 5#s 1945.J&D
North Station Indus Bldg (Bost)
1st m s f 5s 1962
A&O

22
22

49

105#

series
series
series
series

RDtfi

1#

39

f

53#
43#

32
61

63

49

51

100

Olympic Inc (The) Seattle—

t Called Jan. 15 at 102.

1st

6s 1943

/ Flat price,

M&N

n

s

f 5s 1958

Nominal,

\

49#

Retail

45

4

6

is""

it*
3#
85#

M&N

15#

f8*

.

55

Properties—

66#

Rittenhouse Plaza 2#s Jan 1 1958
Robert Treat Hotel 'Newark)
2-6s July 1 1956
An Mar
Roxy Theatre 6#s to 1940.A&O
1st 4s 1957
M&S
Runs Bldg. 'San Fran.)6s'51 F&A
St Charles Hotel (Atl Cy) 6#s '45
St Louis Post Off 5#s 1938.A&O
1st cum inc 534s Jan 1957
San Fran Paramount Corp—
5s, 1943
——J&J
Savoy-Plaza Corp—
3-6s (w-s) 1956--.— .Ann Oct f
Schulte Real Estate 6s 1935—
With stock
..J&D
Without

com

J&D

stock

6s debenture 1951
On Sept
Schuyler-Hudson 4s 1947
Sevilla-Bilt Hotel 7 34s '37 ctfs
Shelburn Inc (Atlantic City)—

4#
36

4?*

18

22

64

66

64#
87#

89

5
22

6#

22

75

80

10#

12

11
11

II*

23"

2#

"3#

7

10

Sherneth Corp 3-5 #8 (w-s) 1956-

11#
36

32#
1#

Income 6s 1945
M&N
Stanley-Mark Strand 6#s 1941
Stanley Real Est 534* '45
J&D

98

92

Income 5s W-S 1956
Stone & Webster Bldg
5s
1947.

Strauss-Manhat

conv

6#
1#

34
3

93

f

k Last sale.

31

8

32

'Boston)—
aM&S

6s *33.J&D f

Rlty (New Hav) 6s'40 A&O
Income 3s w-s 1951
Nov
10 Fast 40th Street Bldg 5s 1953Non-cum inc 6s 1958
J&D
1088 Park Av Corp 2#-5s'53 M&S

f
f
f
f

101#
31
25
24
83#
6#
33#

26

853
73

Textile Properties—
1st 4-5s (w s) 1958
M&N
Textile Crafts Bldg 6s w s 1944—
Trinity Bldg 5#s 1939.
.J&D
Trinity Court Bldg 4s 1941.M&S

32#

34#

16

28#

34#

80

Stamped

J&D /

Y Postal Service Station—

New York Title &

18

34#
20

74

(w-s) 1956

534* 1937

m

#

10234

N Y Athletic Club—

25

—

37

Gen income 5sNov 15 '83.J&D
13#
Prudence Securities Corp—
,lncome-5-#s ser A 190-1—M&N —60°5#s 4th series
/ 25
Quiiicy Station P O (Chicago)'
1st extended inc 5s 1950—J&D
43
Realty Assoc Sec Corp—
52
Income 5s Oct 1 1943
.J&J
84
Repub
BJdg(Denv) 3-5s'49.J&D

-

30#

—

—

23

8

5

99

1st fee & I'hold 4-5s 1949.A&O
Neisner Bros Realty, Inc—
Conv s f deb 6s 1948—.J&D 15
New Weston Annex 3-4s w-s 1945.

—

29

42

Pierreponc Hotel 3-4s 1951.. J&J
Pitts Hotels Corp lst5V*s 4SM&S
Mtge cum Inc 5s May 1962...
Conv cum Inc deb 5s May 1967 /
Voting tr ctfs for common..
Poll-New England Theatre—

Taft

100#

17'

36#

27

60

Inc—

Montreal Insur Exch. Bldge
1st mtge 2-5#s 1950
&J /
Nat Hotel of Cuba 6s 1959.M&S
/
Nat Press Bldg 3-5s 1950
J&J
AdJ mtge inc Apr 16 4#s 1950- /
National Tower Bldg—

20

—

90
9534

1948....M&N

35
85

39

534s 1942.
M&N
Steuben Bldg (Chic) 6s 1943 M&S
Stevens Hotel (Chicago)—

3

f 6a

34"

State-Randolph Bldg 'Chicago)—

2

s

11

29

43#

ania Bldg 6s 1939
M&N /
2d non-cum inc 4s 1959.M&N *
v

3

29

46

28#

28

39#

O)—

Debenture mtge 5s 1945.-F&A
Midland Invest Corp (Mo)—
See Investing Companies.

27

15#
3

67

37

Metropolitan Playhouses—

4

44#

40

63

27

conv

43

54

Pennsyl

35

Inc (N Y

43

41
9

Sixty-one Broadway Building—
1st s f 3#-5s (w s) 1950..M&N
Income 3-3 34s stpd 1955.M&N
Speed Building 'Louisville, Kyi-

38

cum

41#

60 Park Place Bldg 3#s-5s_.1947

Inc 3-6 #s 1957M&N
Manhattan Towers 6s 1943.M&S f
Marcy (The) 6s 1940
F&A
Mark Hopkins Inc—

1st

6

80

24

23

J&J
Merchants Nat Prop 4s '58.J&D
Metropolitan Chain Properties

26
48

78

1102

f

75

23

6s with stock 1959

(Los Angeles)

Mercantile ProDerties.
Sec s f 534s 1916

99

Detroit Leland Hotel 5s Oct 1 '52
Dorset Hotel 1st partic 2s 1957—
Drake (Phna) 6s w-s 1959

72#

25

8

47#

Paramount Bway Corp.—
1st M s f 3s loan ctfs 1955 F&A
Park Crescent 6s (w-s) 1955
Park Lexington Co Inc—

—

71

1st income 6s Feb 1 1952
f
Marshall-Wells Bldgs 6#s'47 F&A
Mayflower Hotel ( D O) 5s I960..
Mecca Temple 5s 1942
f

20#

100

20

47"

J&J

Madison

Court & Re^isen Sts 'BrnokJ> n)

Bldg Corp 1st s f 3#-5s—.1940
Cromwell (Oliver; 6s 1939-M&N
De Paul Hospital 1st & ref
3-3 >4-3 >4-4s 1939-1947—Q-Feb
Detroit Hotel
6^s to 1941..M&S

57

54

Lombardy (The) 6s 1942
M&N
London Terrace Apts 3-4s'52 J&D
Lord Bait Hotel g m 6#s '45 A AC)

Mtge

19#

f

Macrld Realty 3s

Oolumbue-Venetlan-Stevens Bldg
(Chicago) 1st leasehold inc
3-5s. 1955—.
M&S
Congress Square Hotel (Port Me)
5#s 1946
M&N

F&

Lord Nelson Hotel sf 4s *47-M&N
I^rds Court Bldg 5#s 1942.J&D

18
65

54

514 s ex stock 1963
Lincoln Mtge Co (Newark)—
Cum inc (w-s) 5s 1948
A&O
Loews Midland Theatre
& Office Bldg 6s. 1941 ..M&N
/
Loew's

50

42

..J&D

Income 5Hs w s 1963

31

6#

Extend 1st 4-614* 1948...
Lenox Hotel Inc 5s 1950
F&A '
Lewis Morris Apts 1st 4s 1951—
Lincoln Bldg Corp—

72#

Cheeebrough Bldg 6s 1948--A&O

Stamped
Cleveland Theatre gen 5s 1944
Colonade Construction—
1st s 14-4148 1948 (w-s)—A&O
Colonial Apartments 6s 1937

17

1st fee 4-5s 1948
I efcourt State Bldg—

49

Certificates of deposit
"
Circle Theatre extd 6s 1946-M&S
Cleve Term Bldg 1st 6s 1941-J&J

54

15

.

Central Zone Prop 6s w-s'53 F&A
Chain Store Depot 6s 1940.-M&S
Ohanin Building—

Cigar Stores Realty Holdings—
8 f dep 5#s 1949 ser A....J&J
/

52

Lawrence Hotel (Erie, Pa.)—
6s Jan 1 1948
M&S
Lefcourt Manftat Bldg

*102

Bush Term Bldg—See Industrials
Butler-Hall 4 #-5s 1947.Q Mar 25
Cent Manhattan Props 5s'46M&8

29

La Salle Wacker 5s fixed
Units

50

33

/

J&D /
110 So Penn Ave (Atl City)—
6s 1944
.J&D
165 Broadway Bldg 534s '51-F&A
Sec s f ctfs 4Mh (w s) 1958
General s f 2d 3s Aug 1958 F&A
Ore Paramount Corp 4s '57. M&S
Orpheum Th & Rlty 2-6s '46 M&S
Palace Hotel (San Fr) 5s '45. F&A
Pantages < Alex) 6s to 1947.M&N

Ask.

52

2234

M&N

Deb 5s series A 1959
M&8
income deb 6s ser B 1959. A&O

Kramon Devel Co 1st fee &
31

f 6s *51..M&N

....

87'

Keith Memorial Bidg 6s 1943

s

103 East 57th St Bldg 6s *41
103rd & West End Ave—
Income 5s June 1 1942

1st

Hearst-Brisbane

Beacon Hotel inc 2-4s Apr 1958..
Bef)evuy--8tratfor<r rPhlla)— ~ ~
5#s 1935
J&D
Ben] Franklin 6s ctfs 1933
Berkeley-Oarteret 5#s '40-M&N
Bing & Bing deb 6#s 1950 MAS
Income 7s 1950 w-s
M&8
Book Tower (Det) 2-5s '52-(w-s)

1st, 2d 1956
In June
Bway Mot Bldg 4-6s 1948..F&A
Bway-8pring Arcade Bldg—
Non-cum 3-5s April 1 '57.J&D
Bway & 38th 8t 7s 1946
J&J
Bway & 41st St Bldg 3#-5s 1944
Bklyn Fox Oorp inc 3s Oct 1 1957
Bryant Pk Bldg (NY) 6#s'45J&J
Buda Realty 6s June 1941—J&D
6s Sept 1941
M&S

26

m

Bid.

Bonds.
One Park Ave 2d

1st mtge leasehold sf 3s '64.J&J
Park Place Dodge Corp 6s 2-s '52 /

20

19
24

Greeley Sq Bldg 6s 1951

99#

A&O




2814

214-5s 1957 (with stock)..J&D
Graybar Bldg < East Offices lnc;-

51

90

Called Jan. 5 at 102.

20

36

1940
J&D /
Clinton Co Inc (N Y O)
1952
M&S
Granada Apt Bldg 6s 1938—M&S f
Grant Bldg (Pittsb)—

90

F&A

7
1814

lst

stk) .F&A
5#s 1949

*

...

33

1st mtge 2-4s

13#

f 5s 1950 (with

1950
1528 Walnut Corp 6s (w-s)
Forest Lawn 1st M 5s *64

J&J

2>4-4s (w-s) 1949

6#s to

43

Barker Bros Bldg (LA) 6s'47 J&D
Bauinan
(Ludwig)—
1st 5s (Brooklyn) 1947—.F&A

6s

6#

Governor

65

1st

37

6s 1944.
J&J
Garrett Buildings (Chicago)—

Realty—

1st mtge coll 5#s 1957—-J&J
Cum income 6s 1957
A&O
AdJ non-cum inc 6s 1957.M&S

(Long Isld) 1951

20

...

1614
38
19
514

lst s f6#s 1942..
A&O/
Fuller Bldg (G A F Realty Oorp)

35

1st 5s

1814

Fox St Louis Theatre ttidg-

64

33

s

/

48#

31

1st

....—...._

62
33

Bait Parcel Post

3#

90

47

Non-cum inc 5s June 11949J&J
Arrowhead Lake 7s 1944-47.J&D
Store

A&O /

Academy of Music
1st leasehold 6 #s to 1941.M&S
Fox Theatre & Office Bidg

date of issue.

Ask.

Fox New

J&J
Arcady-WilshireCo (Los Ang)—-

Assoc Ohain

Bid.

40 Exch Place 5 #s 1956
M&S,
40 Wall St Bldg 1st 6s 1958.M&N
42 Broadway Bldg 6s 1939—J&J /

31#

Allerton

possible for the closing day of the month preceding the

85

2 Park Ave Bldg 4-5s 1946.J&D
2d fee 3s 1946
Ann Dec /
23 Lexington Ave 234-4s '50.F&A

48#

29 4th Ave Corp 234s '63
(ws)
29th St Towers Bidg 3s 1942
/
2124-34 Bway Bldg 6#s___1943 /
2480 Bway Bldg 2d mtge 3« 1944. /

31

33"

32
6

34

14"

21

38

75

85*"

19#

Tyler Bldg 6s (w-s) July 1 1953..
U S Realty & Impt 6s 1944
J&J
Van Sweriugen Co—
1st 6s 1935

12

21#

F&A

1st & coll s f 6s 1938.
A&O
Van Sweringen Corp 6s '35.M&N
Varick St Sta P G (N Y) 6s 1941

Wabash-Monroe Bldg 6s 1953 J&J
Wadswortb BldgiNY) 6s *53 A&O
Wallbridge Operating Co (Buff)—
Income 3-4^1950
Ann Feb
Waldorf As^hria (Hotel)—
Non-cum inc 5s 1954
M&S
Wall & Beaver St Corp—
1st 4Hs w-s Nov 1 1951--J&J
Warner Bros Hollywood Thea—
1st 6Hs 1941
M&N
Washington Properties Inc 7s 1952
Westchester Bond & Mtge 534s__
We8tinghouse Bldg 4s 1948-A&0
Woodbridge Bldg 5#s '41..A&O
7s 1940
.A&O

¥

44

98

99#

54

13#
/

9#
18

15
11
20

94
61

/

62

16

20

66#

/
/

68

20#
20#

22#

Banks & Trust Companies
STATE AND NATIONAL BANK STATEMENTS

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 (*)

Quotations in this department are
as near as

and are
denotes

sales.

Figures of deposits, capital and profits for the National banks are from the Comptroller's last call;
the latest obtainable, direct returns being procured by us where no periodic statements
banks of New York, deposits are taken from the latest weekly statement.

tutions they are

for all other insti¬
required. For

are

the Clearing House

+
National Banks
Oct. 2

Capital

Surplus &
Profits

Institutions

State

ALABAMA

National Banks

June 30

CALIFORNIA

Oct. 2

Cross

Surplus
Par

Deposits

Ask

Bid

Institutions

June 30

Cross

&

Deposits

Profits

Capital

State

Bid

Par

Per

Birmingham—

fa°

--

Common

3.600,000 11,399.003
6,300,000

.

-

First Nat Bank

178.449

3,161,526
26,518,293
21,568.257

Merchants Nat Bk..

273.522
842,049

4,718,060
18,901,970

375,000
1,000,000
1.000.000

25

28
25

uan

1,000.000

First Nat Bank
Union Bk & Tr Co—
Common

Preferred.

100,000 t
40.000

__

25

San Diego Tr
Common

25

127.579

4,147,312

50

796,065

26,314,187

250,000 Ifc 780,041

13.599.985

dl,750,000

Preferred

20

61

62%

10

12
14

15*

10

Belma National Bank

Selma Tr & Sav Bank

National Banks

227,884
60,709

10 Q
J

25

9,175,698
3,412,206

100

-----'

4
35

6,349.717 197,253,186
7.985,642 123,441,097

20

100

"85""

150"

125

San Francisco—

Anglo California
National Bank

dl7.920.000
6,800,000

80

*6%

121"

119

1399730757
34% 36%
i2l
18,854,965
100
4,068,734
100 "212" 216""
4,517,953
174
171
100
17,921.803
320
151,977,175 100 266
163,513.949 1000 10.200 10.500
95
85
100
8.914,073

50.000,000 68,145,107
1.500,000 /2,217,422
118,596
500,000
Bank of Montreal
287,371
1,000.000
Canadian Bk of Com
487,682
1,300.000
Crocker First Nat Bk 6,000.000
8,202.300
The San Fran Bank.
6,000,000
9,000,889
d
Pacific Nat Bank
980,000
389,599
Wells Fargo Bank &
Union Trust Co
9,000,000 fc8.722.023 272,205,007
Yokohama Specie Bk
5.998,538
1,200.000 6 380,672
Bank of America

Bank of Canton

25

,

100
100

State Institutions

ARIZONA

Oct. 2

100

90

100

2,604,054
1,675.282
1,683,106
1,538,817

242,652
62,333
219,304
113,600

lea—

100

Bank of Amer Nat Tr

Selma—
400.000
120,000
200,000
342.500

re cent
-—sa

125

485,000
600,000 fc
270,000

Security Tr & Sav Bk

& Savs Assoc

City National BankPeople's Bk & Tr Co.

share.
o

& S B

Bank of Calif, N A-.

2,535.352 17%
15

78.170

100

N

Diego—

First Nat T & S Bk.

United States Nat Bk d

300,000

Alabama Nat Bank

34,563.495
1,984,673
5,489,305
1,395,240

'

22 X

100
100
100

183,098
134,758
60.843

1,723,962

956.250
50.000

-22% .2741- .Merchants N at .Bank d_ 246,000 i
Sumitomo Bk of Cal.
145:000
San Bernardino—
175,000
American Nat Bank. d

J25
125

65.234.994

1,812,374
1,700,891

100

Mobile—
Amer Nat Bk & Tr Co

Per

Sacramento—
Capital Nat Bank— d
Citizens Bk of Sacra.

Birm'ham Tr & Sav
500 000 14,156-, 418 -20,408,380
—Common.
al ,743.000
PreferredU
1,194,217
81,700
Industrial Sav Bank. d 125,000 e
First National Bk—

Preferred-

share.

50

2,043,421

104,396

100.000 b

Bank for Savs. & Trts.

Ask

Nom inal.

Nomi nal.

Oct. 2

100

CO 0 0

275

p

1

1

«

1

1

American Tr Co—
Nomi nal.
Per

Bisbee—

250,000 /

Miners & March BkPhoenix—
First Nat Bk of Ariz.
Phoenix Sav Bk & Tr

7,500,000
7.500,000

Preferred

Jfc7209.781

600,000

804,909

San Jose—
First National Bank.

550.000
247.500

922,909
192,333

15,773,582 t 20
4,501,107 t 25
N

600,000
1,202.800

Jl.432.905

cent

sa

36,186,605 J5
16K

o

re

Vallev Nat Bank—

Common
Preferred.

share.

100

4,278,454

189,815

Common

lea

250.000

National Banks
Oct. 2

I

10.883.158

|20

47%

335*
50J*

100

139,750

152,341

1,831,893 12%

564,700
435.300

189,239

9,773,452

200,000
1.000.000
375.000

543,001
860,662
142,016

5,256,855
11,955,405
3,491,291

Preferred....

(100

1100

Stockton—

Tucson—
Sou Arizona Bk & Tr

Santa Ana—
Commercial Nat Bk_
First National Bk—
Common

296.204,845

32 H

First National Bank.
Stockton S & L Bank
Union Safe Dep Bk..

100

8,784.285

489,824

N

o

100

re

cent

100

sa

les

100

State Institutions

ARKANSAS

Oct. 2

CANADA

f

See

>

lkPage 111 J

Nom inal.
Per share.

Fort Smith—
100

275,000
500,000
500,000

589,528
148.619
45.872

12,144,335
4.092,627
1,298.118

25

re cent

25

sa

374,560

13,533,980

120

666,000

Merchants Nat Bank

2,301,649
8,335.642
9.774,680

300.000 1
185,500

First National Bank.

132,493
603,751
641,876

300,000
200,000
100,000

City National Bank-

407.781

19,414,551

120
50

NationsBank,

100
25

COLORADO

State

Institutions
Oct. 2

Nom inal.

Little Bock—

Per

Commercial Nat'l Bk

Peoples Nat'l Bank__
Twin City Bank
Union Nat Bank—
Common-.-.-.
Preferred
W B Worthen Co

N

20

o

les

Colorado Sav Bank.

Colorado Spgs Nat B
Common

Exchange Nat Bank.

100,000 1
65,000
300,000

First National Bank.

300.000

Preferred class A__

100.000
400,000

93,779
1,001,990

2.222,903
12,216,597

7,393.098
10.860.940

500.000
350.000

646,912

9,180.424
5,916,162

1,000,000
400,000

J 1,733,449

Central Sav Bk & Tr d

400

350

Common

Preferred
Denver Nat Bank

Oct. 2

CALIFORNIA

First National Bank-

State Institutions

June

National Ghy Bank- d
d
Union National Bk

30

_

Nomi nal.
Per share.

Long BeachFarm & Merch Bank
Western Tr & Sav Bk d

Los Angeles—
California BankCommon
Preferred

1,000,000
225,000 fc

Farmers

& Mer

Nat

17,592,641
3,245.311

N

100
50

0

re cent
sa

les

5,000,000
800,000

5,000,000
3,000,000

113,359,656

J25
140

4.350.000 121,071,513
5,417,988 134,221,413

20

23

24

100

370

392

45

46

J3,553.671

1

to 0
1

1

21
1

Preferred
Union Bank & Trust
Oakland—
Bank of CommerceCentral Bank
Farmers & Mer Sav.

24,000.000 133002316 580,121,523
8,000,000
2,500,000 2,865,981 38,439.015

U S National Bank__

international Tr Co
Pueblo—

1,260,000
1.500.000
100,000
100.000
550,000
500.000

40,011,991 /100
1100
1,887,473 100
50
37,983,692
59,634,767 100
1,460,736
917,770 "165
28,228.640 100
100
17.675,175

-

500,000
30.000

1,221,117
161,403

21,107,806
2,061,399

100

5.095,245

(100

First National Bank.

Mlnnequa Bank

f

25
50

Common

3,083,802
47,794,496
11,567,015

*93 " "95"

50

N

o

re cent
sa

les

100

Common
Preferred.

Sale

j

25

price.

t Controlled by the Transamerica Corp. of San Francisco, Calif.
Outstanding preferred stock consists of $1,043,300 1st pref. of $20 par
value and retirable at $50 a share, and $700,000 of 2nd pref. stock.
b March

e

100

601,975

6,235,698

100

500,000 11,078,643
500,000
150,000 fc
52,106
300.000
303,957

14,607,689

j 25
125

2,372.390
3,604,925

20
100

UOO

a

29, 1939.

Savings deposits.
May 19. 1938.

f June 30, 1939.
300,000

94,563

d Common and preferred stock outstanding.

,

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.
q

First Tr & Sav Bk

Pasadena-First N Bk d
Security Nat Bank-.

100,000
200.000

Preferred

*

c

329,100
76,764
2,000,000 fc2,190,136
300,000
269,394

Pasadena—
Citizens Ooml Tr &




50
100

134,253
2,286,546
3.778,946
32,806
30,581
2,752.313
2,300,835

60.000

1

Secur-First Nat BkCommon---.

104.947

Pueblo Sav A Tr Co

Citizens Nat Trust &

Savings Bank

726,934
268,887

100

Colorado Nat Bank

Colorado State Bank

National Banks

100

Denver—

100
100

share.

20

2,724,575 /100
Uoo

126,872
365,252
441,975

American Nat Bk

Pine Bluff—
d
Nat Bk of Co mm
Simmons Nat Bank-

1.854,454

150,714

50,000

-

129

i Dec. 31. 1938.

fc Oct. 2,

1939.

I Last Sale price.
p

Par value 100

yen.

n

New stock,

n«<£•!,** CONNECTICUT

TRUST

AND

BANKS

JAN., 1940]

State Institutions
Oct. 2

103

COMPANIES
National Banks

Surplus

Capital

Surplus &
Profits

Cross

Miami—

$

$

245.834
500,000 1
1,455.000
a
149,156
100,000 c
Brldgep't City Tr Oo 2,200.000 cl,276.836
North End Bk & Tr
Common
25,000
1st preferred..
49,261
122,500 c
2nd preferred
25.000

First Trust Co.
100,000
Florida Nat Bk A Tr (t-400.000
Little River Bk A Tr '
100,000
Miami Beach First/
National Bank./.
300.000
Orlando—
r
First National Bank

6

24,208,869

"el*
50

40

1,614.569
27.394.057

25
I

32

30

25

1,694,089 4100

1100

Common

1.760.667 I 25

165,000 li 250,448
09,500

Preferred........

25

264,156
1,288.637
1.044,957
158.582
4,413,706
200,440
2,138,993
186,328
3,690,179
222,998
176,925

300.000
150.000
1,150.000
100,000
4.000.000
100.000
1.600.000
100.000
4.000.000
100.000
250.000
125,000

Conn River Bkg Co.
First National Bank.

Glastonbury Bk & Tr
Hartford Nat Bk A T
Industrial Bank.
Pooenlx St Bk A Tr.

25

tlOO
25

21

30

500

15.777 503

100
50
10
25
100

120

East Hartford Tr Co
Hartford-Oonn Tr Co
Park Street Tr Oo
Riverside Trust Oo
Sims bury Bk & Tr Oo

256.101

106.869

67.643

1.072.789

25
25

25

25
25

60

919.847
285,476
131.709

11,116.856
3,791.746
1,599,362

500.000

404.288
93.616
107,881
53.293

6,539,514
1,782.440

a

150.000
100,000
150.000

a

220.000

Windsor Trust Oo
Merlden—
Home National Bank

Puritan Bk A Tr Co.
Mew Haven—
loner Bank A Tr Oo_

a

/ 25

WOO

100

trtOO'

100
25

180
35

25

15
120

25

2,736.715

100

90

29.118.068

_45
I

8.657,495

100

458.883
149,915

6,023.115
3,492,487

100

31,411
53.005

1,260,487
2.170.438

100
100

335,704

6,974,165

25

100,000

42,131
581.266
1.115,560
C
173,897

952,124
15,529,603
16.824,944
1.860,287

100
100
100

66.866

1,293.485

100

d

300.049

5,830,823

c

200,000

National Banks

State

GEORGIA

Oct. 2

100

100

American Sav Bank.
200,000
Cltls A So Nat Bank. rA.om.ooo

~

32"

Common........

S82~.000

Prior

preferred...
Conv preferred

378,000
920,000

1,104,237

New Haven Bk NBA
Second Nat Bank...
Trademen's Nat Bk

800.000
750.000

1.048,508
981,328

10,242,961
13,618,357

50

52

54

50

71

74

87,638

3.242,219

/100

50 "30

100

"First Nat Bank
...

■fir

130

■

..

'

i
1,231,535

800.000

16,569.860

5,192.399

544.365

100

475.000
990.000

_

a

100
N

I

343,856

a

300,000
252,100
650.000
200.000

Uncas-Merch Nat Bk

111,198
193,895
54.642
i

2,634.314
1,904,010
802,610

405,744
173,688

3,344,001
2,220,085

Georgia. «2.000.000
Augusta—
Georgia RR Bk A Tr
750.000
litis A So Nat Bank. 1*6.000,000

104

100

o

1.139.375

Nat Exchange Bank.
Columbus—
Columbus Bk A Tr
First Nat BkofOol..

«

400.000

•

850,000

c

342,486
3,171,064

Institutions
Oct. 2

50

re

cent

200.000

les

fourth Nat Bank
dome Savings Bank.
Merch A Mech Bank
Macon—

300,000
75.000
200.000

148,586
40,505
388,975

120

Oltls A So Nat Bank.

r5.000.000

6,949,047
1,897.401
2.383,708
1,282,606
3.612,727

1,142.947
133,983

sa

25

100

19
110

Otly Bank A Tr Co
Stamford—
First-Stamford Nat'l

Nomi nal.
Per share.

36,814,797 noo z260
1100
3,732,254 ioo
35,034,476 ioo x720

645,360 10.501.440
3,498.100 104.372,251
3,772,310
159,394

100

100

75

-

Ga Sav Bk A Tr Cow

ioo

125
125
160

140
60

?

1,000,000

Trust Co of

170,000
170,000
1.458.700

Common

Preferred
Un A N Haven Tr Oo
Mew LondonNat Bk of Commerce
New London City

100
100

791,338 100
118.483
_3i49aa00. 104.372.251 t 10 S.16K
17^
3L3X
-32.
JJDlL5,400,000 4,959,962 121^887^621]

Fulton 'Not ■ BankCommon

Preferred

100

100

Atlantac

First Nat Bk & Tr Oo

National Bank
Union Bk A Tr Co..
Wfnthrop Trust Co..
Norwich—
Thames Bk A Tr—.

10

40

20

100

15"

10

164.420

lantic Nat Bank

21
17

20

25
100

5,807
1,467.548

255""

35

1,074.283

1,250,000
First National Bank. al,100,000
FlrstSav ATrCo,.
500.000
West Palm Beach
Fla Bank A Trust Co.
100,000
West Palm Beach At¬

20

1100

135

200.000

Broadway Nat Bank
Exchange Nat Bank.

14"

110

125

20

5,440,700

Tampa—

74

50
12
43

100

283 304

_

50.000 I
50,000
500.000
200.000
100.000 :

5.707,454

100

100

J 235,114

75.000

Florida Nat Bank... g

24

So End Bk&Tr Co-

Common........
Preferred......
fravelers Bk & Tr Oo
West Hartford Tr Oo

13.320.361

.St. Petersburg—

280
19
70

125
100
44

200.000

People's Nat Bk
St. AugustineExchange Bk St Aug
St Augustine Nat Bk h

35"

100
100
25

400,000
200.000

Olt A

55
28

739,068

c

3,038,014
30,877.017
30,124
9.707.640
2,319.779

200,000

First National Bank.
Pensacola—
American Nat Bank.

42,288.611
1.928,918
49.944,053
3.519,927
3.341.069
2,046,356

Ask

100

S

$

129.V40
716,369
81,370
384.561
99,256

C

68.000
a

3,440.529
8,038,802
1,687.102
73,353,174

Bid

Nomi nal.
Per share.
125
130

loo.ooo

......

Florida Bank
Palm Beach

30

Hartford—

Capitol Nat Bk A Tr

Merlden Nat Bank..
Merlden Tr & 8 D Co

132.000

Preferred

West Side Bank—

Common........

$
200.000
1,200.000

Amer Bk A Tr Co
First National Bank-

share.

Per

First Nat Bk A Tr Oo
Common
Preferred
Black Rock Bk A Tr_

Par

Deposits

Ask

Bid

Nomi nal.

Bridgeport-

Cross

A

Profits

Capital
Par

Deposits

State Institutions
Oct. 2

FLORIDA

Oct. 2

110.000
500,000

First Nat Bk A Tr Oo e

730

145

ioo

tio

270

x

149

17^

16M

ioo

93

100

100

100
100
100

80
128
35

100

110
85

135
40
225

210

3,498,100 104,372,251 t 10
91.800
1,476,500 100
10
263.887
7,942,324

x

10

x

17H
100

Savannah—
1.000.000
200,000
700.000

1,413,308

12,573,582

100

145

5 656.445
9,337.083

100

155
225

Oltls A So Nat Bank,

727.134
988,371

100

145'

155

Bavann ah Bk A Tr.
Citizens Bk A Tr Oo

600.000

909,285

11,824,698

100

150

250,000 I 283,005
264.000
500.000 3.213,877
300.000 :
194,266

Bank A Trust Oo.

fidelity TitleATr Co
Stamford Trust Co..

5,217.600 f 25
t 32

32

9.004,713
3.566.076

25

85

95"

100

55

65

liberty Nat Bk A Tr
_

Waterbury—
Oltis A Mfrs* Nat Bk

r5,000,000
500,000
650,000

a

Common
Debentures

200.000
126,000

3.498.100 104,372,?51
5,452,323
195,694
265.837
4,981,787

VSM

17H

100

100

80
50

55

1,535,221

100

30

50

104.838

85

Waterbury Nat Bk—
Common

.....

Preferred...

...

Colonial Trust Co

Waterbury Trust Co

24

28
National Banks
Oct. 2

State Institutions
Oct. 2

IDAHO

Nomi nal.

Boise City—

National Banks

DELAWARE

Oct. 2

State Institutions
Oct. 2

Common

Nomi nal.
Per share.

/Wilmington—
Central Nat Bank
Farmers' Bank
Industrial Trust Oo.
Union Nat Bank
Delaware Trust Co..

210,000
313,975
500.000 c4.115.750
625,000 1,394,469
203,175
684,094
1,000,000
875,650
1,500.000 2.797,583
672,600 cl ,021.003
4.000.000 12.177.142

Equitable Trust Co.
Security Trust Co
Wilmington Tr Co..

2,159,785
20,973,352
3,113.261
3,684,144
11,920,680
19,359.300
9,876,060
79.289.104

100

110

50
25

300
41
68

100

165

25

65

25

Per

share

Idalst NatBk ofBoise

750,000 V 876,482
Preferred
588,000
First Security Bank. al,100,000
1,236,197
Boise Trust Co
125.000
48,809

23.534,244

100

N

26,801,070
74,680

100
100

sa

o

re cent

les

mrnmmm

mm

National Banks

m

m

State Institutions

ILLINOIS

Oct. 2

mm ~mm

Oct. 2

mm

70

60

132

140

50

232

240

Nomi nal.
Per share'

Aurora—
Aurora Nat Bank..

160,000
300,000
379.300

100,000
300.000
348,500
150.000

Merchants Nat Bank

Old Second Nat Bank

a

201,192

4.352,085

287.847

5,432,357

72,278

3.342,367

45,258199.359
296,374
178.571

1,288,426
2.905,082
6,483 811
2,794,738

100
100
100

N

o

re

coat
les

sa

BellevilleBelleville Nat Bank.
Belleville Savs Bank.
First National Bank.

Washington—
Anacostia Bank.....

Columbia Nat Bank
Bank of Co mm A Sav
Hamilton Nat Bank.

Liberty Nat Bank
Lincoln Nat Bank
McLachlen Bkg Corp
Nat Bank of Wash.
Nat Capital Bank
Nat Metropol Bank.

145,000

o

City Bank

a

475.000

250.000
100,000
1.000,000
500,000
400,000
a
345,000
1,050,000
200,000
800,000

c

82.796
467.785
550,938
322.543

1,054,087
426,989
947.145

220,032
793,167
201,065
1,987.288

1,992,586
9.967.171
5,264,350
3,970.983
27,323.680
7,522,783
11,246,116
6.099,946
10,678,967
2.399,633
28,010.175

100
10
100

100
20

Nomi nal.
Per share.
160

Common

24H
192^

Aetna

Austin State Bank.

....

Mnnsey Trust Oo
Union Trust Oo
Wash Loan A Tr Oo.

1,000,000 12,168.023
375,000
2,000,000 1,269,250
1,000,000 1,848.049
1,000,000 2.596,902

17,824,763
5,605.330
11,533.507
23.812,675

State

Bank-.

31

Avenue St Bk Oak Pk

160
200

Beverly State Sav Bk
Central Nat Bank...

50
100

65
120

100
100

140
240

City Nat Bk A Tr Oo
130

Oosmopolit'n Nat Bk

Drexel State Bank.

66H

{100

80
75

265

180

100
50

100

District Nat Bank—
Common
Preferred

101

160
242

Hont 111 N B A Tr Oo
Oont Nat Bk & T Co

270

200,000

.

100

260

400,000

a

Am Nat Bk A Tr Co. al.600.000

100

3.000,000 15.500,887 106,862,383 /100
1.100.000
1100
a
60
9,333.676
530,000
460,021
a
391 852
8,323 552
100
528.000
3,400,000 5,414,440 51,847.862 100

Income debentures

-

100
30
250
125

100
100

100

_

Drovers Nat Bank..
First National Bank
*lrst Nat Englewood
Halsted Exch N at Bk
I-O National Bank..

*380,000

3.758,762
89,045
1,498,995 63,10o,366
151,872
5.396,337
110,818
7,127,881
87.424
2,350,961
236.429
9,345,774
3.228.986 143.337,690

100,000
300.000
4.000,00fi
">0.000.000 41,832,542 1281580606
1.500.000
525,197
484,098
a
250.000
64.333
3.587,703

102.000
78,524
3,401,469
98,000
a
442,500
183,445
7,901,717
1.000,000 1,023,348 30,194,659
30.000.000 37.680,453 1075550376
200,000
775,477
5,188,254
200.000
256,180
7,128,244
a
200.000
3.251,921
122,965

100
100
40

•

20

119

94
-

35

95
15
114

100

33
100

220
31

30

100
10

30

26

96

-----

FLORIDA

Oct. 2

State Institutions

b Retirement

Oct. 2

c

June 30,

200

f 20

17

20

30
40
100
100
100
100
11

22
145

26
155

225

230
225

200
170
12

Nomi nal.

48,104,267
26.766,288
33,652,505
1,084.412

10
100
25
100

Affiliate of the First National Bank of Atlanta, Ga.

Member of the Florida National Group.

share.

"216"' 217""

h Affiliated with the Barnett National Bank

of Jacksonville, Fla.

1 March 29, 1939.

I Last sale,

r

.

Lakeland—
Florida Nat Bank... 9

Group in Florida.

e

0

Per

1,061,738
1,463,435
1,437,602
33.144

debentures outstanding.

price.

1939.

d Member of the Atlantic

JacksonvilleAtlantic Nat Bank.. 43,000,000
Barnett N B of Jack.
1,500.000
Florida Nat Bank
91.500.000
'Spr'field Atlantic Bk
50,000

or

k New

stock.

Combined statement.

t Trust funds.

100.000




194,225

1.712.424

25

y

Stock all owned by Travelers Insurance Co.

x

Ex-dividend.

-

175

Sale price,

Includes preferred stock

IS

100

t Branch of Savannah.
a

National Banks

150

210

80

230

275

Chicago—

270

Biggs National Bank
Common
Preferred
■Second Nat Bank
Secur Sav A Com Bk
Amer Secur A Tr Oo.
Nat Sav A Tr Oo—

St. Clair Nat Bank-

100

175
15

AND

BANKS

104

National Banks

National Banks
Oct. 2

State Institutions

ILLINOIS

Oct. 2

COMPANIES

TRUST

Oct. 2

State Institutions

IOWA

Oct.2

i
I

v

Surplus A
Profits

Capital

Chicago (Concl.)

Preferred
.

M erchandisf Nat' I Bk

.

400.000

Mutual Nat BkofOb
Nat') Builders Bank.

4

62

^5.lW44

322,523
956,903
286,724

600.000

600.000

Nat'l Boulevard Bk.

200
58

1,254,026
598,943
289,883
80,580
173,394
194,987
420,461

200.000

i

100
20

12,694,494
26,773,739

268.644

200.000
400.000

Metrop State Bank..
Mld-Oity Nat Bank

Milwaukee A v N't Bk

8

15

188,159

600.000
200,000

Mercbants Nat Bk..

4

12

436,405
1,628,401

600.000

Mercantile Nat'l Bk_

20

(10

10

200,000
200.000

Natl Bank.......

2,529,956
12,533.692

200.000

National Security Bk
Nat Stkyds Nat Bk.
1.000,000 1,469,884
99,944
North Stiore Nat Bk. i
200,000
600.000 g
Oak Park Tr&Sav Bk
297,426
1,635,166
Personal Ln ft Sav Bk 2.000.000
754.424
750.000
Pioneer Tr & Sav Bk i
501,382
200.000
Bears-Oom State Bk.
111,773
200.000
8kala Nat'l Bank..

South East Nat Bank

200.000

South Shore Nat Bk.

200,000

State Bk of Clearing

120.000
200.000

.

Terminal Nat Bank.
Univ St BkofOhlc..

i

298,000

Upper Ave Nat'l Bk.
Uptown State Bank.

300.000

Western Stf.te Bank.

200.000

Amalg Tr ft Sav Bk. 4
Banco di Napoh Tr.
Obic City Bk A Tr.
Drovers Tr ft Sav Bk 4

400,000

Bast Side TrftSav Bk
Harris Tr ft Sav Bk.

LAe shore Tr ft B Bk

Lakevlew Tr ft 8 Bk.
Nsrthern Trust Co..

PnPman Tr ft Sav Bk

300.000

300.000
800 000

Burlington-

193.079
77.402
95,375
361,761
378.145
441,172
376,224
O
215.407
458,172
535,547
1,059.873
480,582
76.948

110

100

260
130

275
137

100

115

122

2,915,616
4,359,866

100

100
100
20
100
50

22

62,617

1,756,277

/100

88,115

1,989,204

100

2,002,012

29,628,225

100

500,000 1<7 820,063
500.000
124,862
150.000

19,478,402

(25

2,886,040

125
100

550.000 11,088,317
450.000
69,873
150.000 g

23,549,677 (100

1,103,057

46,136,355 (100
1100

150.000
150.000

85

95

80

Coun Bluffs Sav Bk.
Common

75.000
25,000
100,000

...

Preferred

78

100
27
125
83

100

200

215

State Savings Bank.
davenport—
Davenport Bk ft Tr.
Oes Moines—

100

140

150

Common

16

50
100
100
25
100
100

""25" "32"
70
140

80
145

170

180
35

30

*130'" 135'

20

25

30

100
100
100
100

67

72
203

193

------

----

"82"" "88"
27

317
60

1,487,254
8,095,832
2,136,511

100
100

rec

100

sa

102,834
724,198
180,773

100.000
300,000
100,000

2,000,000

1,115.877
1,478,496

50
100

125

660.000

Preferred

200.000
88.000
150.000

Common

Quincy—
B'dway Bk of Quincy
111 State Bk of Quincy
Debentures
Mercantile Tr ft 8 Bk

Peoples Bk of Quincy
S'thSideBk of Quincy

100

165

4

ft

J 142,494

1,750.000
1,250,000
50,000
150.000

University State Bk.
Valley Sav Bank

First National Bank.
A mer Tr ft Sav Bank i
Sioux City—
First National Bank

les

75

20

17H

20

20

48

50

2,980,893

| 50

40

30

1,595,890

loo

63

65

613,149

100

20

25

200,000
174.000
200,000
100,000
50,000
296.000

115,589

3,936.484 / 66*1

60

65

174.614
44,795
45,747
103,542

5,944,586

200,000
244,000
600.000

,451,303

500.000

^260,636
334.145

Springfield MartneBk

600.000

391.794

_

Woodbury Co Sav Bk

115,4551

National Banks

Oct. 2

100
100

892.895
638.302

100

1,505,667

no"" 115"

I

Indiana Tr ft Sav Bk.
Bank

National City Bank.
t
North Side Bank
Old National Bank—

812,509

500,000
100.000
150,000
146,700
100,000
500.000
214,000

192.680

31,874
62,096
47,747
815,398
47,259
I

429,089

Peoples Savings Bk_.
Fort Wayne—

Mutual

1,838,478

Lincoln Nat Bk ft Tr

1.200,000

250.000

712,069

174,265
73,000

12,430,163 f 10
1 10
2.849.959 100
100
1,322.286

109,000
91,000
100.000 g

300,722

6,492,257 flOO

503.283

5,215,182

150,000
150.00C
50,000

174,590
243,978

2,253,153
2,772,102
907,010

Preferred

213,447

300.000

434,000
200.000

75,000

First State Bank
Common
Preferred
Rivervlew State Bk.
Leavenworth—
First National Bank.
Leavenworth Nat Bk

Manofac'ra State Bk

les

9

7H

'l20'" l35"
150

165

Citizens State Bank.

40
40

10.091,895
5.67a 107
12.388,328

100

175

185

50

105

115

100

125

135

i

share.

100

200

225

100

160
100
100

175

100

100

342,395
1,008,173
12,552,357
1,804,845
1

iiS

100
150

110

100

100

275""

100

N

o

100

re cent

100

sa

les

125

Seuthwest Nat Bank

100.000

46,247

28.905.019
24,732.055
1,119.279
2,398,569

100

225

250

100

100

100

Union National Bank

Common....
Preferred.
Union Stock Yds Nat

150

100

Kansas State Bank..

1,016,781 J100
\150
100
675,380
125
7,119.478
9,657.346 150
75
1,575.917
1,408,259 125

62,513
203,102
610,709
34.029

1,364,«93
1.000.000
1.000.000
1,225,031
100.000 g
31,509
200.000
253,303

First National Bank.
Fourth Nat Bank

;ioo

42,709

100.000

i

11,453,710 UOO
1,173.688
584,991
3,110.427 100

101

110.000 1
90.000
100.000

i

3.820.779 f 62',
\ 62
50
1.129,646

179,243
36,059

d62tf

110

15,681,486 /100
1100
8.170,689

72,867

100.000 1
100,000
50,000
200.000
500.000

Preferred
Kaw Valley State Bk
Merchants' Nat Bk.

Topeka State Bank..
Wichita—

State Institutions
June 30

429,504
286,389
8,071

500.000
400.000
77.500
200.000

Fidelity Sav State Bk
Guaranty State Bank

16,232,101
1,242,930
1,424,530

28,283

g

uoo
100

200

Topeka—

100

100
100

160

100

22,033,960

National Banks

State

KENTUCKY

Oct. 2

Institutions

June 30

Per

Covington—
o

Citizens' Nat Bank

20

re

cent

First Nat Bk ft Tr Co

sa

les

Peop-Llb Bk ft Tr Co <
OovingtonTr&BkgOo i

16,251,572 I

380,000

525,983

Dime Trust ft Sav Bk

1,162,744
12,529,333

836,326
39.852

17,487,754
3,194,496

100
100

25 298

20

>

200,000

100

75
100

125

Indianapolis—

.

Common

Preferred

1,419,779

37,489.626

121,582

156,934

2,335,111
125.590,339
1,177,583
914,764
530.747
33,601.848
2,129,666
3.329,337
4.753,401

1 500.000 161148 404

37,494,101

J100

17,300,364
3,998,133
22,181.915

160

725.000
100.000
4,000.000
i
200,000
50,000
i
65,000
1,250,000
i
300,000
500,000
i
282,000

}

1,000,000
Security Trust Co... i 399,200
Union Trust Co
1,000.000

( 10
I

7,535.665
198.351
25.303

11.105

2,388,279
71.346
424.939

760.000

Indiana Trust Co...

1,151,761
74.599

2,642.807

15

16X
a 10

10

100
100

100
100
100
100

268""

255

150

...

Second Nat Bank
Union Bank ft Tr Co

Security Trust Co

30

10

6

8

90,750
187.681
377,011
223,277

105,259

2,790,204
4.705.660
10,014,067
4,500,906
5.047.296

300,000

265,627

2,898,706

100

130

135

100

1,000,000

3.114.181
1.731.001

100

107
145

155

170"

177"

100

50

210

305

325

10

.....

"151"

12,312,786

50

2,941,136
2,333,427
3,640,956

100

300
210

215

100

335

340

100

103

366.097
142,295

Yards

Bank.
Louisville Trust Oo.
Stock

United States Tr Co.

1,053,451
666.295
129.724

100 noo

<1.965.000 6
525,000

734.896
105,663

61.580.893 1001 x270
9,488.177 100I
106 120
124
39,147.790
3
24,046,328 2H
100
116
2.504.745
100 105
4,358.785
100 140
15,355.931
100 200
1,575.941
10
15,806,590
JK
27
32
1,483.856 100

mmmmrn

*»«*

-

mm

jm m

---•

NewportNewport Nat Bank..

100,000
100.000

a

144.534
505,630

1.739.446
5,901,855

100
100

......

10
*

100

Sale price,
a Pref. stock retirement price.
b Oct. 2. 1939.

100

100

e

Citizens Union Fidelity unified certificates.
Affiliated with the First National Bank of

g

cent

sa

les

d New stock.
Louisville.

June 30, 1939.

c
o

re

J100

h Member

of

Northwest

Bancorporation.

i Common and preferred stock or
I Last sale,
n

18,657,860

5

1,481,560 /.10

70

100

1100

678,285

2.633,533

Liberty Natl Bk ft Tr <1.800.000
300,000
Security Bank
KentuckyTltle Tr Co el .000.000
Lincoln Bank ft Tr.
750.000

■57"

6,178,243
183,585

76,608
200.000 1
350.000
1.265.487
1,000,000
376,948
150.000
150.000
251,691
230,000
500,000

2.000,000
1,000.000

First National Bank.

N

Merchants NatBk..

i

Fidelity ft Colum Tr.

100

Terra Haute—

750.000
250.000

17

25

Citizens' Union N B.

227

American Nat Bank.

240,000
250.000

15

Louisville—

South Bend-

349,000
500,000
738,250
250.000
200,000

10
50

Citizens Bk ft Tr Co.

First Nat Bk ft Tr Co

1.000,000

185

Lexington—
Sank of Commerce.

400.000

share.

4,863,228
5,245,279
6,944.988
1,669.419

100

250,000
550,000 6
150.000 n

486,747
354,922
366,790
87,411

200.000

20

1,264,518

250,000
300.000

American Nat Bank.




cent

sa

1 20

Preferred

.......-

share

N o
re

Nomi nal.

400,000 I

Preferred

100
100

Kansas City—

N

Common

Common

3,489,491
4,789,840

Comm'l N Bk of K C

50

Ft Wayne Nat Bank

Preferred
Tsrre
Haute
First
Nat Bank—

Oct. 2

Per

First National Bank.

10,904,034
5,445,285
9,194,352

INDIANA

500.000
500000

8t Joseph Bk ft Tr Co

les

Nomi nal.

35

Per

City Nat Bk ft Tr Co
First Bank ft Tr Co.
Merchants Nat Bank

cent

State Institutions

87,983
280,274

150.000

35

100

Bvansville—
Citizens' Nat Bank..
Citizens Tr ft Sav Bk

American Trust Co..

_

o

re
sa

Hutchinson—

30

Nomi nal.

...

421,520
250,595

KANSAS

Nat Bank of Topeka

.....

100

10
6,450,000
6,068,625 /»100
8,218,780 100
6,934,76 0- 100
~
100
2,595,513

303,000
285.026

100.000

Toy Nat Bank..

Security Nat Bank..

State Savings Bank.

National Banks

Fidelity Trust Co...
Fletcher Trust Co—

100

100

N

Common

Bankers Trust Co...

10,034,318
4,617,239

400,000
250.000
300,000
250.000

Central Trust Co

4

641.396
349,858

People's State Bank.

100

494,142
144,577

250.000 g

Exchange State Bank

13,767

300,000

Merchants' Nat Bk.

291,391
5.398,306

ent

65

50

10.680,261
26,408,680
15.281.766

8pringfield—

Marion Co State Bk.

22,628
308.152

n

300.000

Live Stock Nat Bank

175

131,163

o

First National Bank.
Illinois Nat Bank

Live Stock Exch Bk.
Madison Ave St Bk

alOO

50

Trust Go:

Preferred

Central Nat Bank...

Third Nat'l Bank...

Indiana Nat Bank..

tlOO

2,024,125

N

Bookford—
Illinois Natl Bk ft Tr

Common

a25

Security Nat Bank—

Common

Class A preferred.
Fountain Sq State Bk

a 100

585

570

100.000

South Side Trft Sav B

Gary—
Gary State Bank
Gary Tr ft Sav Bk__

100

is wa-Det Moines Nat

Common

Capital notes

Debentures

100

260

100

Jefferson Tr ftSav Bk

People's Tr ft Sav Co

cent

les

.

Com Mer Nat Bk&Tr
First National Bank.

Preferred

sa

o

Dubuque—

100

50

Common........

Common

100

TOO

........

Preferred

Oap City State Bank
Gent Nat Bk ft Tr Co

Bank

100

22

797,874

Common

|

600.000

Des MoinesBk&TrCo 1

308
55

600.000

Franklin Bk ft Tr Co

N
re

100

Bankers Tr. Co—

105

American Nat Bank.

Co
Swedish-Am Nat Bk.

25

(first National Bank.

100

Cent Nat Bk ft Tr Co

Common

177,944
191,208

0

60,000 g

City National Bank.

100

118

Union Nat'l Bank
Peoria—

Debentures

100
20

37.421

2,959,785
34,455.985
4,824,219
1,075,329

500,000
1,980,848
250.000 g
153,095

United State Bank..
Oounoll Bluffs—

100
100

First Nat'l Bank....

Common

115,604

200,000

Oct. 2

State St Bk ft Tr Co.

Ask

100
100

Merchants Nat Bank

165
125

544.000
200.000
6,000.000
274tl16,483
4 -786.000
T2OTTTB2
1.462J84 30,918,182
600.000
5.000.000 10,302,065 357,412,553
9,627,460
407,890
300.000

Elgin—
Elgin Nat'l Bank

Lamasco

2.358,387
2,866,104

Guar Bk & Tr Co

155

100

6.411.817
21.571,913
17,869,250
6,694,327
3.217,335
11,288,101
6,260,874
11,613,261
6.314.127
17,625,417
8,654,961
41,051.961
4.619,334
8,971.251
6,810.793
20,459.285
10.723,724
3.200.192
8,173,276
1,789,853
3,036.752
6,743,262
6,932.554
7.404.346
9,473,386
3,515.688
8,594,624
5.226,400
26.000.237
12,030,064
1,092,511

73,093
75,794

125,000
200.000

Nat Bk of Burlington
Oed&r Rapids—

People's Sav Bank.. 1
100

Bid

Par

Deposits

Nomi nal.
Per share.

Farmers ft Merch 8 B

1,000.000

Main State Bank...

Capital

84,066

300.000

Liberty Nat'l Bank
Lire Stock Nat Bank
Madison-Crawford

Cross

Surplus &
Profits

Ask

Bid

374,537

276.000 I
326.000

Common...

Par

Nomi nal.
Per share.

$
260.000

Kaspar Am State Bk
Lawndale Nat Bank

Gross

Deposits

20

0

10

x

Dec. 31.1938.
March 29.1939.
Ex dividend.

capital debentures outstanding.

~/250"

National Bank»

Baton Rouge—
City National Bank
Common.
Preferred

Pnr

Deposits

Nomi nal.
Per shan.

300,000
240,000

Louisiana Nat Bank
Common
Preferred
New Orleans—

} 567,011

300,000
240,000

| 573,637

12,603,954

10,492,816

__

1.000,000
750,000

...

Jl.851,190

1,500,000
1.200,000

Nat Bk of Commerce
Common

| 955,935

56,790,757

22

23X

1,077,925
886,523
373,585

1.000.000
1.000,000
700.000

Commercial Nat BkOont'l-Am B A Tr Co

274,570
563,875
324,783

6,741,056
9,403,916
3,673,151

100

104H

100

270

800.000

100

79

600.000

913,952

7,516,792

100

160.000
120,000
290.000

235,161
168,509
234,693

3,224,933
1,771,304
3,649,997

100
10
20

200.000
300.000

995,696
211,098

6,423,381
2,357,187

100
10

21 y2

276.000
345.000

257,434

7,724,821

22

CN<M oo
/ 20
20

427,500

~~24~~ ~30""

25

71

70^

31,929,137
22,635,623

100

125

100

170

160

100

9,291,571

N

105

120"

Haverhill Nat Bank.
Merrlm&ck Nat Bank

State

MAINE

Oct. 2

Common

Preferred
Park National Bank
Common

Bay StateMei'Nat Bk

Depositors' Trust Co
H Bangor—

1,000,000
200,000

250,935
984,883

Merrill Trust CoCommon

Preferred...

.

....

9,272,392
7,845,724

share

100

694,237

701,725

Merchants' Nat Bk.
Eastern Tr & Bkg Co

100

mm

25

37

mm

Ess»x Trust Co

re

600,000 \e 605,691
---500.000

0

cent

13,279,978 J 20
V 20

sa

les

—Portland-^
Canal National Bank
Oasco Bk & Tr Co
First Portland NatBklo
Nat Bk of Commerce

100

105

23

26

30

35

20

10,899,714
4,338,948

100

25
25

600,000
483,391
200,000 e'/ 204,278

38

368,519

8,086,023

6,402,401

25

498,178

4,138,655

10

16

659.687

12,242,551

25

23

26

244,318
6,582,592
576,012
5,525,869
601,431 6 3,911,265
769,514 b 9.783,542

20

19

20

500,000
250,000
100,000
400,000

n

350,000

232,166
805,410
488,161

200,000

I

78,885

714.500
500.000

..

.Balem—
Merchants Nat Bank
Naumkeag Tr Co—
Common.
Preferred.

June 30

Baltimore-

50
7,418,956
20
10,248,705
6,336,018 12H

6,076,628

10
110

share.

5

250,000

Common

...

C&rrollton Bk of Ball
Commonw'lth Bank.
First National Bank.
Nat Cent Bk of BaitNat Marine Bank...
Western Nat Bank..
Colonial Trust Co...

Equitable Trust Oo.
Fidelity Trust Co...
Maryland Trust Co

600.000 11,227,960 40,126,855
800.000
d
370,000
362,400 10,465,900
d
275,500
165,726
3,964,702
268,431
80.000
1,666,738
300.000
209,902
872,669
4.000.000
6,662,434 207,875,713
400,000
529,031
6,814,327
600,000
798,716
5,731,550
750,000
575,190 13,205,988
400,000
139,767
2,034,164
2,000,000
1,325,075 38,469,557
1.000.000
1,170,042 19,562,946

Common

1,000.000 U1315877
1,550.000
1.600,000 3,893,674
600,000
280,334
2,000.000 4,571,315
3.000,000 nl,723,165

Capital notes
Mercantile Tr Co...
Real Estate Tr Co..
Safe

Dep & Trust Co

Union Trust Co

21

Jn 936,582

3,591,236

7,181,639

d

394.000

50

75
50

100

100
25
25

1,939,954
101,627

15,302,266
30,939,204
14,706,382
14,701,952
2,358,838

261,172
324,207

2,023,918
4,627,950

100

1,126,428
259,543

15,945,827
5,195,747

100

10 k

Capital notes
Second Nat Bank

10

58

20
25

16

25

40,275,140

33
15

100

68

{.10

25,128,622
1,537,486
41,357,142
46,397,728

50
100

25

National Banks

State Street Tr Co..
U 8 Trust Co—

Common

Convertible pref..
Winthrop Trust Co..
pfc Beverly—
Beverly Nat Bank..
Beverly Trust Co
b- Brockton—
Brockton Nat Bank.
Hone Nat Bank

Cambridge—
Cambridge Trust Co
County Bk & Tr Co.
Ha^vard Trust Co...
fiveretc—
Middlesex Co Nat Bk

18

10
10

1"

133,050 637,166,954

21

23
9

8H

State Institutions

MICHIGAN

June 30

Nomi nal.

Bay CityBay City Bank

300,000

Natl BK of Bay City.

People's Commercial
& Savings Bank—. d

Per

share

15

2,308,340
6,490,207

100

400.000

69,999
386,365

100

N

o

re

cent

900,000

991,325

9,683,289

20

sa

les

Commonwealth Bank d3,700,000 n2,151,358 661,758,202
Detroit Bank

13

50

103

108

1,800,000 ln3257467 153,199,752 J 20
Preferred
3.570.000
t 20
Mfn National Bank3,000,000 5,147,668 129,612,312
50
h
100,000
36,511
Michigan Ind Bank
434,819 100

56

57

Detroit-

250~"
55

557>£
9

6,017,439

100

90

100

1,612,679

125

25

195,980

6,971,554

50

110

115

12

Common

26

13

Common

8.250.000
9,250,000

Preferred

J 118,851
932,099
513,785

5,400,578
5,378,470

100
25

126,861

1,814,478

115

4,070,570

{.!.

United Savings Bank
Common

750,000
500,000
1,200,000
500,000

Preferred

Wabeek State Bank.
Bankers Trust Co

"15" 125'"

75

4,214,422
1,498,526

Common

309,660
226,340

Preferred
Detroit Trust Co

115
412,545
208,647

c25

90.000

377,000

105,847
335,736

100

190

195

10

1,731,245
6,026,112

264,616
79,716

3,980.575
2,043.967

)nI200,866
n
n

420,830
417,741

7

8

10

Preferred

Highland Park Trust h

o

100

1

10

1

25

22,974,402 /

10

444,818,779

42

43

25

26

I 10
13,318,841
g
393,270 "io "13"

47,105

950,000
150,000
500,000

1,721,468 f
I

10

11,203,633 1

20

At

20

24

g

g

1
n

98,991
687,378

g
g

2M

~l4~"

io

3H
7
41
26

100

324,331
6,556,315

100

Flint—

cent

10

J

2,010,000 Inl ,759078

Common

Ud Guardian Tr Co.

200,000
150.000

J14115948

Equitable Trust Co65

les

10

Oil Com A Savs Bk. dl ,000,000
Genessee Co Savs Bk
1,000.000

250,000 i
400,000

828,391
365,439
77,511
424,696

20,942,970
9,237,089
3,074,527
5.498,938

20

18

250,000

Merch A Mech Bank

103,705

1,987,794

20

12

14

500,000 1
180,000

629,421

11,560,549 |

20

23

20

20

400.000

590.134

9,023,165

17

25
23
19

|n2272737

47,851,204

26

27

20

28

30

20

23

25

20

22

25
20

Grand Rapids—

MASSACHUSETTS

1.000,000 3,390,872
to,000,000 n5,288,422
400,000
434,000
3.890.000 716,758,871

700.000
450,000

j ?il235 058

100.000

73,665

Central Bank

s,aVZaTns

Nomi
Bolton—
Per
First National Bank
27.812.500 52,779,152 760 ,193,575 12M
Merchants' Nat Bk.
3,000,000
5,684,158 105 ,555,805 100 395
Nat Rock Bk of Bos
1,500,000
2,863,749 34 ,079,731
20
70
Nat Shawmut Bank
10.000.000 20,876,868 198 ,811,075 12M
24^
Second Nat Bank..
2.000.000
4,767,712 95 ,612,275
25
139
Web & Atlas N Bk..
1,000.000
14 ,949,693
469,284
50
47
Boston 8 Dep A Tr__
36 ,838,574
2.000.000
100 a295
4,066,163
Columbia Trust Co..
2 ,333,115
100,000
241,072
100
Day Trust Co
1,250.000
1,798,935 14 ,283,637
50
1 ,798,280
Fiduciary TrustGo. d 500,000
672,507
50
Old Colony Trust Co
Pilgrim Trust Co

1.000.000

.....

Nat Bank of Flint

New Eng Trust Co..

135

10

Nat Bank of Detroit-

150.000

Farmers & Merc Bk-

25

34

100 *500
10
8

Bagerstown—

Oct. 2

600,000
300.000

25

Tr Co

Oct. 2

77,815

44,220
150.000

Ni cod em us Nat Bk._ d
Second Nat Bank

"70"

30

44^

100.000 1

Preferred
Fr'k Town 8av Inst.
West Maryland Tr._

n

2.000 000

80

30

100,000
125.000

Frederick Co Nat Bk
Common

National Banks

300.000

...

Citizens' Nat Bank..
Farm & Mech N Bk.

Hagerstown Trust Co

200.000

Class A

i~57

100

150.000
291,000

Capital notes
Frederick—

360

6 6H

—

2

Liberty Trust Co—
Common

7^
340
68

10

184,712

100.000 I
99,500
600,000

...

14
10

10

1,000.000
194.250

Machinists' Nat Bk.
Bristol County Tr

Worcester Co
Common

Peoples Bank—
Common

50

10

Guaranty Bk & T Co

120

Cumberland—
First Nat Bank..

9^

100

2,091,993

111,747

250,000
200.000

WorcesterMechanics Nat Bank

Baltimore Nat Bank
Preferred
Calvert Bank
Canton Nat Bank..

9
39 M

10

Taunton

Per

381.367

350
48 H

20

50

WestSpring fluid Tr.

Nomi nal.

500.000

245

100

Peabody—
Warren Nat Bank

Union Trust Co

Bait Comm'l Bank..

25

100

Sprin,

State Institutions

MARYLAND

60
——-

451,504

_

Oct. 2

55

2,536,030 [100
1100
20
9,715,950

&

Id Nat Bank dl ,800.000
704,753
T&ird Nat B fcT Co..
1,500.000 3,349,944
Springfield 8 1) & Tr.
1,000.000 nl ,456,017
National banks

50
50

40

'

400,000

[
I

New Bedford—

Merchants Nat Bk_.
Safe Deposit Nat Bk

N

272,279

1,000.000
i

Lynn S Dep & Tr Co
Security Trust Co

39

100

6

300.000

First National Bank
?

ent

les

600.000

National Bank

Per

8,611,975
10,987,615

438,885

f

o

Lowell—

Lynn—
Manr's.-Cent.Nat Bk
Nomi nal.

825,000

155,337

100,000
Preferred
141,000
Hadley Falls Tr Co.. dl .400.000
Lawrence-

Institutions

Sept. 30

mi

First Nat Qranite Bk d

sa

Holyoke—
Holyoke Nat Bank—

Apple ton Nat. Bank.
Union Old Lowell
National Banks

rec

Haverhill—

Shreveport—
First National Bank.

400.000

Fall River Trust

GHouc Nat Bk of Glou
GHauces 8 D A Tr Co

94^

(20

Ask

Fall RiverFall River Nat Bank
Burfee Trust Co

Gloucester—
Oape Ann Nat Bank-

80

35,651,836 /100
1100

1.500,000 11,008,346 55,799,178
1,200,000
208.000
220,999
2,957,888
2.800,000 7,272,697 137,068,^22

Preferred.
Louisiana SB & T Co
Whitney Nat Bank..

Bid

Nomi nal.
Per share.

Fltohburg—

Amer Bk & Trust Co

Common
Preferred
Hlbernia National Bk
Common
Preferred

Par

Deposits

$

%

Safety Fund Nat Bk.

150

J100

t

25

20

vHH oo

Oross

Surplus &
Profits

Capital

Ask

Bid

$

...

__

105

Oct. 2

Oross

Surplus &
Profits

Capital

COMPANIES

State Institutions

LOUISIANA

Oct. 2

TRUST

AND

BANKS

JAN., 1940]

33 ,539,416

Nat Bk of Grand Rap
Common

47

405
73
142
52

8 ,047,825

100

170"

185"

100

297

305

13,057,110

I 10

10

11

13

14IH
f

10

100

300,000
100.000

312,951
4,203,720
^94,985 b 1,694,032

100
100

600,000
500.000

658,113

1,000,000
Preferred
1,250,000
Grand Rapids Tr Co. d
400,000
Union Bank of Mich.
250,000
Michigan Trust Co..
1.200.00U
Saginaw—
Saginaw State Bank. d 357,000

•

93 ,388,334

1

Common

Tr

tlO

2,557,500

Peoples Nat Bank—

10

Old Kent Bank—

Second

50 a400

None

Preferred

nal.
share.

n

Nat

Bank

MCwtO—«»- o o

n

n

261,257

6,723,840

2,613,710

28,677,323

100

"15" "l2""

20

n

1

g

17K

18K

14

16

25

28

mm.mmmm m

e255

A

1.250,000

f"n.

8ale

1,296,827
3,435,732
2,593,471

117,203
406,820
697,090

n

price.

Stock has to be offered to board of directors.
6 Includes savings deposits.
a

C

Retirement

price

d Common and preferred stock or capital notes
e June 30,
1939.

outstanding.

/ Convertible pref. stock entitled In liquidation to $20
0

a

share.

Trust bal&ncos

'

150.000
300,000
1.000.000
600.000




8,268,390
7,608,594

712,353 b 6,908,971
514,653
4,604,183
1,179,199 &21.169.007

100
10
20

160

20

421,765

799.593

10,535,515

h .Effective Dec. 15,

190

152

50

10

1939, the Guardian Bank of Royal Oak, Royal Oak,
Mich,, was consolidated with the Highland Park Trust Co., Highland
Park, Mich., under title of the Wayne Oakland Bank, with common capital
of $300,000, surplus $130,000, and undivided profits of $10,000.
The
consolidated bank will take over selected assets and business and personnel
of the Michigan Industrial Bank of Detroit.
1

440
19

460

77

79

21

I

Dec.

31.

1938.

SiftJe

k Units.
n

Oct

2

1939*

o

First National Bank and the Portland National

s

March 29, 1939.

Bank, both of Portland,
Me., merged Jan. 1,1940, under title of First Portland National Bank.
t Affiliate of First National

Bank of Boston.

National Banks

MINNESOTA

Oct. 2

Capital

COMPANIES

TRUST

AND

BANKS

106

State Institutions
Oct. 2

National Banks
Oct. 2

Cross

Surplus &
Profits

Par

Deposits

Bid

Ask

State Institutions
June 30

MISSOURI

Cross

Surplus &
Profits

Capital

Nomi nal.

Nom inal.

36,710

851,348

7,085,561
2,013,542
29,672,319

1,207,640

e

First Nat Bk A Tr Co 66.000,000

Hennepin State Bank 6
Marquette Nat Bank k

100,000
362,000
974.375
100,000

Midland NatBk & Tr k
6
Minnehaha Nat Bk

18,925

les

sa

100

66*3

(100
5,000,000 14,384,367 130,490,044
1,350,000
1,642,987
39,611
100,000
Produce State Bank
1,257,158
16,822
e
50.000
2d N'west'n State.
1,728,935 elOO
143,547
100,000
Third N'west'n N Bk e
2,966,742 elOO
144,708
125.000
4tb Northwest Nat'l. k
1,303 ,£73
50,212
79.600
University state Bk. *
Preferred

120

20

30

SIX

100

88

91

20

6

100

85

100
25

1.000.000

Chippewa Trust Co. k
laston-Taylor Tr Co A:

340.000

400.000

merce

_.

250.000

_

20

36

100

Nat'l Bank.

126

k
*

20

100

50

"26" "

10V8

e

5,953,537 (7100
1,941,490 100

143,520
68,333

200,000
125,000

100
100

10K
National Banks

State Institutions
Oct. 2

MONTANA

Oct. 2

No re cent

222,731
195,752
210,649

300,000
100,000
600,000

964,533
44,100
597,187

12,521,198
1,310,480
13,434,429

600.000

298,178

10,066,889 (7100

250.000

Sec Tr A Savs Bank.

sa

208,494

7,880,877 J100

N

First National Bank
Miners Nat Bk

Tr Co

Metals Bk A

11X

o

100

re

cent

100

sa

les

First Nat Bk A Tr Co
Union Bk & Tr Co—

Common

.....

Preferred. .'.7

National Banks

1100
(7100

i

Oct. 2

MISSISSIPPI

State

National

Banks

Nomt nal.

Per

Per share.

LincolnContinental NatBk—

share.

Common

312,500

e

Preferred
Commerc'l Bk&TrCo

Depot Gu Bk A TrOo
Jackson-State N Bk.
Meridian—
Citizens Nat Bank.
First National Bank.
Mar A Farmers Bank

877,198
11,458,112
7,651,371

17,809
591,475
538,055

I

11,434,194 1100
1100
21,585,796 100
100
11,635,301

249,967

First National Bank.

.290,000
935,000

Nat Bk of Commerce

300,000

558,459
831,658

1,500,000
500,000

1,164,912
635,270

29,423,440
14,346,415

100

1,500.000 [1,776,650

47,099,807

poo

Preferred

8,934,579

638,057

300,000
100.000
50,000
736,400
297,000

Oct. 2

Oct. 2

Nomi nal.

Common

Institutions

State

NEBRASKA

Institutions

Jackson

Capital National Bk-

4100

200 .000

-

1100

Oct. 2

I

a...

Helena—

"

5,123",196

share.

Per

5,037,915 (/100
100
3,258,396
3,026,530 100

200,000
150,000
100.000

Midland Nat Bank.
Montana Nat Bank.
Butte---

7,884,751
First National Bank. (76.000.000
119,602
g
100,000 /
First State Bank
250,620
EmplreNatBk&TrCo ek 455,000
214,812
250,000
Stock Yards Nat Bk. *
Midway Nat Bank—
315,854
100,000
Common
137,500
Preferred
First Trust Co.
gl .000.000 / 477,053

nal.

Nomi

Billings—

30,078,760 100
100
4,629,392
100
2,121,606
136,682,315 (7100 <U1
100
2,207,314
100
8,682,001
6,092,537 el 00

1,057,629
American Nat Bank. *1.688.000
150,000 /
418,778
Commercial State Bk jfc
79,464
DrovExchState Bank ok 200.000 /

30

175

100

2,700,907
11,436,133
2,426,172

19,825
445,829
107,118

290.000
591.000
100,000

Southern Missouri Tr k

Rochester—
Union Nat Bank
St. Paul—

4H
30X

29X

100

'

First National Bank.

128

4

n

Springfield—
Citizens' Bank

Union Nat Bank

r_

b

share.

100

Merc Com B A T Go- 10.000,000
VI ercan tile-Com¬

100

N'western Nat B & T
Common

Per

4,573,898
215,731
900,289
15,385,072
9,164,513
361,826
21,073
3,160,684
40,212
3,283,381
5,911,664
260,178
i 6,457,898 180,669,862

LIndell Trust Co.

o

2,589,111 6100
118,397
1,985,300
45,056
1,913,367 el 00
41,351
8,069,343 149,993,066 b 20
1,10*,512 100
30,547
100
6,536,051
308,413
584,088 17,162,985 el 00
2,071,845 6100
47,005

100.000
140,000
100,000

k

Central Nat Bank..
Fifth No'west'n N B

N

100

6,120,320
11,178,925
1,118,722
919,227

258,137

%
500.000

1,000.000

6,192,489
356,751
350,000
Miss Val Trust Co..
6,000,000 3,107,316 102,144,682
k
253,022 i
3,076,808
Meund Olty Tr Co
26,756
317,555
4,434,918
Nertb St Louis Tr Co
300,000 i
2,879,004
WebsterGroves Tr..
224,243
100,000

50

100

re cent

*92,869
45,169

St. Louis (Concl.)
Telegraphers Nat Bk
Tower Gr Bk A TrCo
United Bk A Tr Co..

100

1.000.000
Northern Nat Bank.
100.000
Pioneer Nat Bank
*
100.000 f
Western Nat Bank
b

share.

100

332,652
47,386

100.000 f
600.000

City National Bank.
200.000
Duluth Nat'l Bk.— *
First A Amer Nat Bk 2.000.000
Minnesota Nat Bank
400,000
of Duluth

Minneapolis—
Blooming'n-Lake NB

Per

$

$

Duluth—
Bank of Oomm A Sav

Ask

Bid

Par

Deposits

75

65

(30
(40
10

12

15

100

150

165

100

150

175

150

al00
165

240

260

37
160

39

185

200

OmahaFirst Nat Bank
Live Stock Nat Bank

20

Omaha Nat Bank—

3,154,089
2,993,186
4,403,230

259,000
332,500
238,000

130,784
206,355
118,879

600,000
300.000

.

283,674i
314,460'

100

80

85

50

68

70

50

58

62

Common

Preferred

J

Vicksburg—
First Nat A Tr Co—
Mercb NatBk&Tr Co

8

54,131

380.000
270.000
el.100.000

142,698

Preferred

100

.

_

Z140

2,588,034 /100

121,000
79,000
50,000

Common

5,363,544
5,282,617

1100

500.000

...

Packers' Nat Bank:

South Omaha Sav Bk

1100
25

938,867

56,204

Stock Yards Nat Bk
Common

National Banks

MISSOURI

Oct. 2

State Institutions

«

Preferred
O

June 30

S Nat Bank

7,864,487 (100
1100

29,599,489

100

30,174,161

100

950.090

100

1,194,091

Nomi nal.

Per

Kansas City—
100,000
600,000
500.000

Baltimore Bank

City Nat Bk & Tr Co
Columbia Nat Bank.
Commerce Trust Co

Community State Bk
First National Bank.
Inter-State Nat Bank
Llnwood State Bank.
Merchants Bank
Merc Home Bk & Tr

6,000,000
100,000
2.000.000
500,000

100,000
200.000

162,090
i 5,371,893
i
66,737
5,000,294
1,475,189
80,152
i
199,771

2,120,078
32,690,112
7,094,132
183,586,817
1,283,824
135,078,360
24,353,313
1,721,000
3,615,094

100

107

100
100

72
140

share.

350

100

—

Capital notes
Missouri Bk & Tr Co

Ji 347,851

10,010.784

82

90

440

.100

295

470
325

100

100

100

200

Southeast State Bk._
South Side Bank—
Common

Preferred
Stock Yards Nat Bk.

225

100

139,333

8,669,378 62^

130

115

120"

95"
"75"

550,000

1,000,000 1
1,000,000
100,000

Preferred

Union Av Bk of Com

738,927

65

50

"200"

225"

45

Tootle-Lacy Nat Bk.
Amplre Trust Co

200,000
500,000
moot
250,00c
200,00^
200,000

Missouri Vall Tr Co.

First Trust Co

FlrstStJosSt'kYdsBk

200.000

200.000
400.000

600.000

i

i

/
i

100
100

150
75

100

150

7,804,740
4,063,079
8,074,680
2,959,344
4,047,652
8,304,516
2,737,733
1,204,587

k

| 102,177

Bremen Bk A Tr Co.

•

400,000

Com Bk & Tr Co

300.000

10,200,000
750,000

200,000 H
89,679
100,000
600.000
144,793

Common

Capital notes
Jeff-Gravols Bank..
Lemay Ferry Bank—

2,547,518

45,862
2,628,599
2,274,767
56,732,549
323,172
5,481,618
205,290
5,850,727
8,903,847 261,273,761
387,133
12,589,774

2.000,000

Boatmen's Nat Bk..

Preferred.
& Trust Co

Nat Bk.
-

600.000
500,000
500,000
720,000
200,000
350,000

j

3,486,954

N o

100

re

cent

sa

les

s

100

sa

les

533,424
592,462
577,494

6,519,909
5,991,396
6,768,438

100

280

100

135

100

80

300
140

,

100

N

0

re

3,429,208 ( 100
1100
100
1,663,979

98,815
33,631

Banks

cent

les

sa

36,832

4

Common

120,000

126,000

344 000

500,000

253,365

4,890,646

225,000
1.184,565

149,552

20

1,474,118 (100

f

547,094

i

58,788
755,371

12,097,624
6,681,372
10,408,133
7,261,629
3,824,433
11,887,228

51,881
242,514

3,366,190
5,211,768

I

10

a30

10

I

3

75c

10

Asbury Park—

''

75
35

85

Asbur y PkNatBk ATr k

20

36

85

92

100

100

17

41

20

75

309,096

6,476,354

100

70

85

10

6

10

5

3

4

50

Asbury Park A Ocean

100

1100

150

1,286,000 (100

6

15

Share.

100

400,000

Equitable Trust Co—

100

June 30

7,628,033

100

j20
120

Institutions

State

738 431

Guarantee Bk&Tr Co

65

42"

'"IS"

Seacoast Trust Co

300,000
100,000

169,837
113,651

Bayo me—
it
Broadway Nat Bk
Bayonne Trust Uo__

200,000
400,000

30,456
406,451

1,986,267
10,009,956

Grove Bank

75

100

75

7 5"

Retirement price.

b First National Group.

Dec. 31, 1938.

d Owned by the

al00

20

15

16

100

85

90

50

49

51

20

19

20

20

24

27

100

115

130

100
20

60
19

549.975

2,901,235
972,253

a

1,012,893 J100
1100

593,550
220,386
268,497

NEW JERSEY

Per

Atlantlo City—
Boardwalk Nat Bank
Bankers Trust Co—

100

6,869,414

i

i

c

400.000

cent

100

Preferred..

100

Commerc'l

& Savs Bank

0

re

Nomi nal.

100

Manufacturers Bank

Manchester Bank—
Mutual Bk & Tr Co.-

N

100

200.000

Oct. 2

c

50,000
50,000

Common

100

100

National

Preferred

107,500
92,500
235,000

share.

6,556,959
3,457,759
3,636,128

250.000 1
75,000

Hnmn Na* Bk

Common

Common.




150,000

Nashua—
Head Nat Bk k
k
Nashua Trust Co..
^erondNat of Nashua k
Portsmouth—
First National Bank.

loo""

1,484,625
923,659

2,024,372

Amer Exch Nat Bank

Southern

Amoskeag Nat Bank
Manchester Nat Bk.
Merchants Nat Bank

931,417
619,899
289,529

10Ji

Bt. Louis—

louth Side Nat Bk—

Per

200.000

Preferred

9

234,550
274,214
436,986
167,405
99,903
267,314
134,432
68,957

129.000

First National Bank-

J10

28,727,889

227,772
18,865
191,512

c

200,000

Burnes Nat Bank

June 30

115

100.000

100.000

Institutions

State

Manchester—

New

University Bank
West port Ave Bank.
lit. JosephAmerican Nat Bank.

No'western

NEW HAMPSHIRE

Common
k

Common

Plaza Bank (The). .
Sec Nat Bk Savs&Tr

Banks

Oct. 2

Indian

City

Bk&TrOo
Jefferson Bk & T Co-

Security National Bk

1,341,478
15,097

Norm nal.

639,941 /100
U00
8,114,734 100

31,763

600,000
100,000

First Nat BkofNev.'d

170

Union Nat Bank—

Industrial

Reno—

135

50.000 1/
25,208
50,000
400,000
287,650

Produce Exch Bank-

First Nat Bank

Aomti nal.
Per share.

150

70

100

89,402
106,285
50,998

61,069

NEVADA

Oct. 2
.

100

1,590,046 J100
1100
1,715,693 100
3,006,955 100
100
2,552,649
100
1,386,440

100,000 1
100,000
50,000 /
200,000
100,000 i
100,000

Common
Preferred
Park National Bank.
Plaza Bank of Comm

Preferred
Baden Bank

National Banks

—

National
200,000
194.000

Common

Traders'
Gate
Nat'l Bank

68,531
2,032,891

e

„

Bancorporation.

/ June 30, 1939.
0 Member First Bank Stock Corp.
1 Oct. 2, 1939.
k Preferred stock and common stock or
I Last sale

Francisco, Calif.

Transamerica Corp.. San

Membei of Northwest

_

capital debentures outstanding.
.

t

.

,

,

.

,

applicable to 100,000 shares of beneficial interest, which In turn
represent 3,500 shares of $100 par stock of the Mercantile-Commerce
National Bank of St. Louis, Mo., held by the trustees.
o American National Bank of St. Paul affiliate.
s Member of the Guardian Detroit Union Group
Inc., Detroit, Mich.
n

Price

JAN., 1940]

BANKS

National Banks
Oct. 2

NEW JERSEY
Surplus

Institutions

State

COMPANIES
National Banks

June 30

Par

Deposits

Ask

Bid

107

NEW YORK

Oct. 2

Oross

A

Profits

Capital

TRUST

AND

Institutions
Oct. 2

Gross

Surplus A
Profits

Capital

State

Bid

Par

Deposits

Nomi nal.

Bridgeton—
Bridgeton Nat Bank. k
Cumberland Nat Bk. k
Farm A Mer Nat Bk. k

share.

Per

$
243.600
675,000
249,500

86,858
250,725
108,866

100

25
65

20

8

Auburn—

30

100

2.354,969
5,013,451
1,599,722

70
9

Pet share.

Nat Bank of Auburn
Auburn Trust Oo

355,722
135.036

400,000
675.000

6,216,125
5,968,588

100
100

Binghamton—
City National Bank.

Merchant ville

1,135,524

25,318,635 12%

3**

2%

400,000

969,718

9,865,910

100

First National Bank-

Camden—
FirztOamNatBATOo <22,162,891

600.000
<500.000

593,086
577.447

10,101,799
8,036,730

100

Marine Midl'd Tr Oo

1,395.601
38.515,711

Brooklyn—State B

10
3

ank A

last Orange—
Ampere Bank A TrCo

200.000

60,280

95,600
769,165

308,027

3,047.391 33 %

Say Inv A Trust Oo:

Tru st Co. retur ns date Oct.
banks Oct.
2, 1939

Citizens Bk of Bklyn
Flatbush Nat Bank

45

240.000

e

Bllxabethport BkgCo <2
National S tate Bank
Central Home Tr Oo
Elizabeth Trust Oo
Union County Tr Oo

400.000
<21,286,000

70,311
143,715
33,993
364,806

6,797,752

20
25

12

40
10

500,000

382,846

2.725.861

10

First National Bank.
2,225.000
Franklin Nat Bank., d 200,000
Hudson Co Nat Bk—

1,228,896
79,176

51.120,706

100

61

3,691,604 37 %

35,662,491

600,000
4,000,000

ji,345,844

52,614,472

230.000

c22,9"44

3,030.780

Common

...

_

.

Lincoln-E Side N Bk
Mfirs & Trad Tr Co_
Marine Trust Co
Elmira—
^hemuny Can Tr Oo
Elmira Bk & Tr Co

3%

2%

North Bergen Tr Co.
Trust Oo of N J—
—Common

(

30
100
25
50

64

r30

10

Long Branch—
Leng Branch Bkg Co
Mofrlstown—

5,000.000
<8.000.000

28 %
25

30

Morris town Trust Co

Mt. Holly—
Union Nat BkATrGo
Farmers' Trust Co..
Newark—

500.000

575,616
200.000
600.000

436,362

455,559
113,489

200.000
100.000

Bank of Commerce of
Newark
Lincoln Nat Bank

Common—i

100

50

5

75,000,

848,455

8,233.459

100

400.000

4.463,771
4,878.215

<50

775,215

144.2791

150.000

108,392

550.000

150

100

Kingston Trust Oo

1,712,724 48,880,481
3.000,000
500.000 2.116,204 28.618,060
Clinton Trust Oo
c611,440
d
620.980
3.330.607
Columbus Trust Co.
99,164
304.000
2.038.608
Federal Trust Oo
1,147,905 34,212,739
1.622.500
Fidelity Un Tr Oo... d7.000.000 c8.674.313 162,847.870
Merch A Newark Tr.
2,500.000 cl,599,333
18,566,060
Union National Bk.
152,298
330.300 n
3,105,289
United States Tr Co.
573,612
000.000
4,420,784
West Side Trust Oo.
426,917
1,022,425
10,284,274
New Brunswick
Nat'l Bank of N J.__ d
412,783
803,500
10,815,292
Peoples Nat Bk
471,650
300,000
6,749,034

100

1%

45

500
100
25 h 16%
19

10
10

25

10
6

5
25 %

26%

25

Grace Nat Bk ofNY
Nat Bronx Bank

sa

132.816

100

n

1.942.552 f

255,188

les

10

1

....

o

cent

10

4,617,810

r30

33,186

100,000
42.750

2,207,881 I

1,317,419

100

400.000

760,000

National City Bank. 77.500.000
VatSafetyBkA Tr Co dl .014,300
Penn Exchange Bank
d475.000
*>ubllc Nat BkATrCo
7.000.000
Schroder Bkg Corp.
5.000 000

29,497

100.000

.

n

1

34,662
288,857
142,324
355,350
1,037,135
20,415

1,000,000
100,000
400.000

Weehawken Tr Co

HudsTr Oo UnOity. <21,995,000
Woodcliff Trust Co.. d
145.000

40

50

i

142.590

Liberty National Bk
Guttenberg.
Com-Mer Tr Un City
Gutt'b'g Bk A Tr Co

50

r50

1,448.200

10
100

8,975,556
26,359,084
1,529.165

25

10
30

Passaic—
Passaic N BkATr Oo <22.125,000
Pesple's Bk A Tr Oo.
1.000.000

2,385,183

Plainfleld—
Plainfleld Nat Bank.
425,000
Mid-City Trust Co.. d
100,000
Plainfleld Trust Co.. dl,150.000
d

247.500

389.204

30.858,490
5,703,088

124,626
56,275
533,709
53,387

:

5,514,017
1.164,109
16,535,533
4.018,577

1

100

York Ci >.y banks are

24,100

repo
date

1

Trust

returns

co

500.000

550.000

c

date Oct. 2.

Bk of Athens Tr Oo.
Banco di Nap Tr Oo
B'kof Montreal Tr Co

c

595,129,000

10

cl7.092.054
2 650150000

66*j

298.194
9.768.872

3,071.954

10

143,947,000 17 %

3,428.901 C27.512 947
1.794,085 c27.788.698
348,925
7,592,860

7

I*
<25%

i2!S
25
100

N

o

100

re

cent

100

sa

les

Clinton Trust Oo
Colonial Trust Co
Continental BkATr

10

554,473
580,000
57,341
loo.ooo
I
60,684
293,000
1,552,880
600,000
869,469
1,500,000
1.000.000 £2.062,517

13,576,614

(100
1 60

1,351,289
2,413,980
13,773.195
17,293,850
29,852,789

100

100,000
45,000

424,465

6,481,274

600,000 1
594.000

133,283

8.550,939

1

510,094

680.000

Common

Preferred
Citizens Trust Co—

55

500,000
1.000.000

187,300
677.312

3,969,800
15,239,613

1.000.000

652.800

60

Preferred
U S Trust Co—
Common
Preferred

50

25

25

600,000

25

50

160

~30"

7
20
10

9

25

rl2%

16,618,575 (100
\ 50

20

13,891,043
41.103,921
1,205,249
1,535,288
21,950,232
25,722,968

100

40

10
100
100

20

25

50

45

50

10

1

2

Common

10

28
12

6,000,000
7.071,931

>4,351,593

Debenture notes__
Trust Oo of Nor Am. d
750.000
262.900
8,328,200
Underwriters Tr Oo_
949.389
1,000,000
17,828.680
U S Trust Oo of N Y
2,000,000 28,812,919 101,498 187

6

38

50

30

25

9%
13%

•HB

59%

60%

10
20

100

12

10

25
10

100
100

"195

2l5

100

"285"

290

"12"

13

100
10

100

25
f

20,450,701

5

104** 107%
49%
51%

20

I2?
25

"27% "30%
37%
51%
4%
110

39%
53%
5
113

25

200

{.I2

3%

4%

100
100

80

100 1610

90

1660

Jamaica. L. I.—
50

Jamaica Nat Bank_.d

*

a

Mechanics'

c

100,000

562,962

First Nat Bk A Tr Oo

200,000

456,954

3,077,658
3,070,877

Woodburv Trust On

100.000

353,700

1.621.751

10
50
10

60

70

Sale

price,

373,4001

t Marine

Midland

4 044,200

Corp.

Only outstanding stock of People's Bank A Trust Oo. of Passaic, N. J.

is $1 par pref. stock of the Realty A Security Co.
6

Woodbury—
National Bank

16

31%

it* 18*

25

Trenton—
Broad St Nat Bank.
551,611
977,500
Flrst-Mech Nat Bk
d3,134,000 2.629,004
60.488
Prospect Natl Bank.
200,000
Security Nat Bank..
200,000
82,156
Trenton Banking Oo
1,500.000 1,236,899
Trenton Trust Oo... dl,874.000 £1,688,607

>43 507660

.

14

29%

20

20,859,821
37,043,705
737,809,059

Marine Midi Tr Co..
5,000,000 9,303,590 117.283.735
New York Trust Co 12, "00.000 27,939.377 432,596,654
Pan American Tr Co
153,600
600,000
5,451,900
Savings Banks Tr Co d29,997,000 6.294,700 175,799,200
Title Guar A Tr Oo—

50

121!

750.000

Common
32,998,440
Convertible pref__
9,140,520

Mfra Trust Oo:

"65"

50

L

1,723,535
1,962,244

12

20

'

Common

1.000.000
2.000 000

Lawyers Tr Co

46

""lo "59% "61%

50.000 000 53,102,954 662,205,039

Irvlng Trust Oo

439
18

100
50

331,122
725,000
8,575,892
462,900
9,533.100
1,000,000
63.236,263
4,000.000 4,380,809
Corn Ex Bk & Tr Co 15.000.000 20,516,715 329,420,341
Corporation Trust Co
500.000
404,800
32,700
Empire Trust Oo
3.500.000 3,571,514
72,711,896
Equitable Trust Co.
500.000
392,100
327,600
Federatic □ Bk&TrCo
825.000
1.390,974
11,156,279
Fulton Tri «t Co
2.000.000 2,832,393
24,265,156
1 000.000
1,490.561
Fiduciary T* oat Co..
13,509.238
90.000.000 183072,759 2 027675759
Guaranty Trust Oo.
Hellenic Bk A Tr Oo.
405.040
3,305.878
1,000,000

166"

16**
40

257.600

d

Schroder Trust Co..

"75"

and

1939

_

i

429

"26 "26"

Cent Han BkATr Co 21.000.000 72,071,936 1.081050.448
Chemical Bk & Tr Co 20.000.000 56,267.665 697,763.104
City Bank Farmers'
Trust Co
10.000.000 14,869.168
70.143,715

175

rted net

13.55
35% 37%
165
171
100
107,633,000
730
100 700
56.421.000
1930
587,839,000 100 1890
2,096,791 c34.928.686
100
277.000
100 108" 118""
5.808,300
40
322.400 r 10.488 100
50
44
61,343,459 2 250982000
23** 30
12
14
985,700 c 18,139,800 12%

Bankers Trust Co... 25.000.000 30.314,059 1,111,678,609
Bronx County Tr Oo d2,642,500
231,700
23.650.800

20

11.609.074
4 280.836

168

100

1.500.000

Nat Bk of W N Y—

Common
Preferred
Hamilton Nat Bank
efWeehawken

sa

100

100

d

Sterling Nat R A T
Trade Bank & Tr Co.

100

u

re cent

10

7,242,100

Merchants Bk of N.Y

N

5,40.072

26,340,243
790,122
Chase Nat Bank
100.270.000 134328,240
Comm'l Nat Bk & Tr
7.000.000 8,463,940
Fifth Ave Bank
500.000 3.874,094
First National Bank
10.000.000 109153,708

12

re

ew

650,000

20

25

350

------

100

6,000,000 13,807,937 204.580,000

21

25 6.10

n

Bk of the M&nhat Co 20.000.000
Bank of Yorktown.
1.000.000

18**

New Brunsw TrCo—

Common
Preferred
471.273
North A West Hu dson—
IstNat Bk of Un City d
289,283

Amalg Bank of N Y

19~~

50

_

20

2.096.887
1,186,121
4,426,719
6,660,056

503.751

150.000

Bank of New York-

8

102%-

are
Oct. 2,
1939
of Dec. 28, 1939. Sur phis and j. rofits are of
1939 for
State banks,
di tidend record
Oct. 2.
for National and
in Neio Yc rk City and Broo klyn m ay be
of banks and trust companies
208
207,
found in our "Ra ilway" Sec Hon, pages 203,204,205 206,

2%
58

54

3

2**

100
300
15

N

New York City— Deposits N

122,837 k

60

100

441,631

3

884.000

60

r20

171,565
479.463

200 000

2

A

25

25

250.000

8

Farm

12,746.614

'242,500

Co

50

Banking Oo
National State Bank

_

392,458

4:%

55

100

200.000

Trust

50

3,070,896
1,571,247

47,310
390,393
14,741

150.000
600.000

Franklin Waoh Tr Oo
Mt Prospect Nat Bk.
Nat Newark A Essex

Paterson Sav Inst
Prospect Pk Nat Bk

5,300,000
9,084,002

500.000

15

Nat Un Bk of America

131,300
544,303

26

4%

16

250,000

_

Bank of Kingston
Rondout Nat Bank.
State of N Y Nat Bk

13

Pa tenon Nat Bank..
Second Nat Bank

20

The First Nat BankNat Ohautauq Oo Bk

100

......

11,428,702
15,472,950

125

15

10

24

10

<32 t

2,003,084
1,152,517

Kingston—
First NBk of Rondout
Nat'l Ulster County

10
50

25

Paterson—
First National Bk—
Common..
Preferred
Haledon Nat Bank..

7%

150

25

100

State Trust Oo

8%

10

500.000
650,000

Debentures "A"__
Debentures "B"__

5

1,434,729
9,831,478
7,114,237
1.251.452

..

10

Bank of Jamestown—

a

7,369,838
6,480,269
1,629,289
8,747,805

25,346
810,845

76 J*
1650

Jameatown—

35

r

380,628

53

71**

100 1610

Union

First National Bank.
National Iron Bank, d
American Trust Co.. d

45

50

100

800,000
800.000

Tompkins Co Tr Co.

"~5

.

...

Preferred A

100

100

55,354,856

j,2,942,855

200.000

Ithaca—
First National Bank.

4%

) 25

1,195.609
76,238,622
784,048

100

100
33>»

166,119
2,225.573
7.977,575 97,617.972
7,677.178 165,331,369

2,200.000
2,500.000

__

Debentures

"6"

"I"

Jersey City—

Bergen Trust Co
Commercial Tr N J

550.000

75

50

Liberty Bk of Buffalo

3

357,300
1,250,000 J
1.600.000 '
97,100
100,000
3,400.000 c3,250,959
22,094
100,000

1

1939

2.

Buffalo—
15

Hoboken—
Seaboard Trust Oo

500.000

2

353.498

d

8.200.000

5

17.176,408

805,858
<21,114,345

500.000

875,000

-

3,736,466
4,290,973
12,457.224

<2

3,854.300
3,530,364
3,594,000
4,192,500
9,788,600
6.343,800
6,708,530 125,387,421
6.510,700 54,000,500

500 000

Lafayette Nat Bank.
People's Nat Bank.
Brooklyn Trust Co

L!

177.800
102,809
81.000
380.900
248,500
363,600

225.000

Kings Co Trust Oo__

18.407.181

Elizabeth—

.

200.000

Klngsboro Nat Bank

Common
Preferred

.

"5%

5

National

Bensonhurst Nat Bk d

.

1250

50 t

Nat'l

Bank A Trust Co
d
42,406
222,500
Camden Trust Co... <22.734,750 cl ,265,547

Common
Preferred

Ask

Nomt nal

Includes
Oct.

2,

security

stock,

1939.

d Common and preferred stock or capital debentures outstanding.
e

March 29, 1939.

h Preference B stock.
i

National Banks
Oct. 2

NEW YORK

State

Institutions
Oct

Controlled

k Dec.

2

by Marine Midland

Corp.

1938.

31,

I Last sale.
Nomi nal.

Albany—
Mech & Farmers Bk.
Nat Com Bk & Tr Co

Per

250,000
1,500,000
2,000,000

State Bankof Albany
First Trusr Company d1.970.000




1.461,764
5,722,480
4,003,491
603.059

3.263,870
63,265.008
70,871,214
24.625,740

100

share.

650

100

440

450

100

259

270

so

20

25

i939.

\

n

June 30.

o

Stockholders of the Manufacturers Trust Co. of New York to vote an
of incorporation on Jan. 10, 1940, reducing

amendment to the certificate
the authorized capital

stock from $50,935,000 to $48,955,860 through the

elimination of 44,074 shares of convertible preference
unissued common stock from its authorized capital,
r

Preferred

stock

retirement

price.

and 54,883 shares of

BAMS

108

National Banks

NEW YORK

Oct. 2

Capital

Rochester—

Surplus &
Profits

AND

State Institutions
Oct. 2

National Banks

Par

Bid

Ask

Nomi nal.
Per share.

| ,241,368

77.877,734

20
50

31
50

34
53

Central Trust Co—

400.000 Id 244,840
750.000
Capital notes
533,785
Genesee Vail Tr Oo__ s2.160.000 d
Roch Trust & S D Co
1.000.000 d3,090.784
Security Trust Co—
Common
300.000
200.000
Capital notes
Common

Jd2522 925

—

17.669.595

10

16,519,976
32,560,783

25

8*

31,679.705

j100

Common

3,000.000 u,139,713

44,680,505

1.000.000

750

0
n

National Banks

share.

Per

100
N

100

o

100

re

cent

25

sa

les

n

Institutions

State

OHIO

Oct. 2

Oct. 2

Nomi nal.
Per share.

AkronCommon

| <30

5.902,270

420.453
497,174
1,438.883

7,660,623
7,411.700
15.386.731

100

934,747
482,724

23,194.480
10,367.362

20

e4.691.844 dl ,169,079

48,205,980

Preferred
Union National Bank

400.000

300,000
750.000

Citizens Trust Co—

Schenectady Tr Co..
Syracuse—
Lincoln Nat B & TOo
Merch Nat BATCo
First Trust & Dep Co
Common

10

1.200.000
750.000

010

1,000.000
1.400.000

Capital notes
Troy—
Manufactur Nat Bk.
National City Bank.

Jl.153,088

o

cent
les

100

200,000
200.000 /

Common

100

947.585

15,860,289

I

226,780
1,189,142
204,068
784.605

2.485,873
18,770,044
3,997,176
11,100,644

1.373,399
250.343
152,358
7.220.536

9,869,136
2,906,588
1,547,395
86,621,060

100

221,830

5,466,057
10,887,003
2,288,040
3,377,084
46,955,869
18,196,281
7,944,665

100

95

102

100

225

240

50

50

60

Canton

100

200

Dime Savings Bank.
First National Bank

300,000
985.000
445.825
625.000

»

36

First Tr & Sav Bk..

i

20

31
21

24

Geo. D. Harter Bank

i

6

3

6

11°.

N
re

9

13

Cincinnati
Nat Bank

400.000
200.000
188.350

Atlas

Oinn Bk 8c Tr Co—
Columbia Bk A SOo
First National Bank.

1

!

i

6,000.000

60
145

100
50

100

100

272
85

10

8

10

100

146

150

278
95

Nerwood-Hyde Park
el .400.000

1,672,515

e

600.000
600.000

e

295,500

898,462
142,997
188,452

Bank...

Troy Trust Co

30,544,142

5
100

sa

Capital debentures

Syracuse Trust Co..
Common

100

27,324,496
4,501,368

Firestone Pk Tr&S B

10

I

16,619,241

1,358,006
110,688

485,000

1,050,000
100,000

Goodyear State Bk—

339,355

200.000 I
253.590

d 201,378

200,000

—

Capital notes
First-Central Tr. Co.

Common

21,110,258 i 25
25
12,872,444
6,327.055 16*
50
3,854.549

e

600.000 d

25

Lincoln Nat 'Bank..

4

Narthside Bk & Tr Co

e

500.000
1,356,928
222.000 d
188,498

10

People's Bk & 8v Co

e

Bk & Tr Co.

550.000

Prov 8 Bk & Tr Co.

31,703,511

1,800.000

Second Nat Bank—

1.000.000

Se Ohio S Bk & Tr Co

Utica—

500,000

100

357,066
3,425,903
1,050,421
d
644,120
d '329,699 [ro;9og;889
2,377.649 73,996,095

10

'"27"

1.000.000

990,000

(1,877.340

600.000
160,000

| 630,686

m

29"

145

100
10

130

100

79

83

5,000.000 13,932,223 111,373,885 1100

89

93

Capital debentures

.45

100

Common

First Citizens Bk & T
Preferred
Oneida Nat Bk & Tr

1.800,000
100

220

260

137,116,590 ( 20
i 16

7

Western Bk & Tr Go ■«2v000.00ft

Common
Preferred

10,652,663 / 20
I 25

Jefferson Co Nat Bk

99,217

400.000

Water town Nat Bk—
Common..

210.000

Preferred

106.600

y 163,630

35

4,198,547 I

N

\ 40

Amer Sav's Bank Co

o

re

600,000 Id 504,057
200.000

...

10,479,998

cent

sa

Capital notes

les

5,000,000
7.680.000

Preferred

J (25

Westchester Co—

199,580
203,427

3,441,695
4,312,298

9
175

14

100

600.000
267,500
Mt. Vernon Tr Co— e3.000.000

688,668

12,217,605
3.087,779
6,637,896

100

95

100
10

22

13,800.000 16,026,297 365,010,070

100

81

86

Capital notes

13.492 000
05,000.000

100

64

32

el ,600,000

88,000
353,299
67,016
538,026

2,299,400
4,711,290
1,405,343
15,000,165

100

12

70
18

10
32,336.868
100
1,663,933
2,577,399 100
100
60,223.625
3,814,739 100
1,610,768 100
77,763,504 6 20

20

22

200.000
350.000

218,728
130,172

1,997,487
2,747.183

Bank.

National City Bank.
North Amer Bk Co

120

140,191
648,835

20

477.000
9.000.000

e

190.000

0

The Bank of CleVe..

100,000

100

IX

Union Bk of Comm.

3,004,528
900.000 a
368,109

Union Sav & L Co

115,000
300.000
646.000

s

First NatPmk
Huguenot Tr Co..

e

1
20

*

20

29

ol*

32

1,600.000 1,904,572
156,411
100,000 d
200.00( d
152,614
Huntington Nat Bk. e3.000.000 2,638,424
241,128
Market Exch Bk Co.
200.000 d
CityiNat Bk & Tr Co
Columbus Saving Bk

10

1

3

18

22

Fifth Ave Sav Bk Co b

50

70

Northern*Sav Bk

20
100

103,298
100.000 d
64.000.000
3.473.607

Ohio National Bk

Peekskill NB&TCo
Common

170,000
30,000

15,152

1,943,612

502,602

4,588,833

28,582,744
2,984,981

50
10

44,539

300.000 d

408,388

Mutual Trust Co.

58,311
76,906

176,250

336,167

7,520,917
14,881,346

"25

6

10

2,564,584 12 X

2

6

'

1,500.000

813,805

37.330,451

775.000

3

6

Toledo—
Commerce-Guard Bk

10

1

3

8pitzer-K T & S Bk

17,876,064
2,597,266
13,189,172
99,494.913

Common
698,037
1.250.000 I
1.500.000
Capital notes
586,968
Mahoning Nat Bank 01,586.000
Union Nat Bank.
1.250.000 2,419,073

17,020,368

92.000 k

Bank

"25

7,849,214

25

8

3

5

Toledo Trust Co....

50

8

12

1,996,517

100

60

65

7,594,521

100

9

14

25

25

30

200,000
150,000
680,000

199,592

5.350,940

County Trust Co

1,084,366

15,281,564

20

23" "28

Yankers—
Central Nat Bank

350,000

678,264

6,953,895

25

22

1

25

Ctfs

50

20

"31*

19

23

5.000.000

34

50

50

55

100

10
9
120

130'

Beneficial

of

23

25

5

C-2

6

City Tr & Sav Bk

891,754

8,757,059

10

68,883

8,306,904

20

|

20

|

188,446

750.000
1,212,500

Common

300,000 d

600,000

Ownership Trust
Fund

25

First National Bank
in Yonkars

1,000.000
300.000
0

Xouugstown—
Oallar Sav & Tr Co—

r

...

Iz

( 50

14,042,877
19,808,996

3,178,339
1,773,979

White Plains—

Peoples N B & T Co:
Common

92

331

177,981

200.000

"29"

\ 60
885,179
361,027
847,657
2,914,933

13,717
102,964
99,543

451,933
190,000

97

{100

Preferred

15

5,874,695
2,811,984

70

Winters N B & Tr Co

Ohio Citizens Tr Co.

Rye—
Rye National Bank..
Rye Trust Co
Tarrytown N B&TrCo

185"

175
62

(100

719,302

Third NB&Tr Co-

Pleasantville—
e

200.000
235.000
800.000

Common

Preferred

Common

Preferred

Westches Co Nat:
Common

Preferred

29

100

Dayton—
Merch N B & T Co—

50
50

100,000
500,000

-

Mt Pleas Bk& Tr Co
Port Chester—1st N_
Bk& Tr Co

"27"

Columbus—

20

Peekskill—

Preferred

70

60

ClevelandfTrust Co

1

New RocheUe—

Ossining—
First Nat & Tr Co...
Ossining Trust Co—

8X

024

"40"

Common

Lorain Street

200,000
350.000

\l,272,382

100

Equity Sav & L*n Co

Tr Co
Bronxville Tr Co
Mount Vernon—
First National Bank.
Fleetwood Bk (The).

5,078,068

2,259,184
603,013
a
765,910
7,195,268
137,317
5,358,747
4,915,375 177,907,606
56,613
724,187
d
89.683
1,277,634

250.000
400,000

Clev 8av 8c Loan Co

Bronxville—

423,758

300.000 d

e

Central Nat Bank

Common

Gramatan Nat Bk &

New RocheUe Tr—

15g_

6

Cleveland—

Northern N Y Tr Co

Central Nat Bank.

155

Co—

Fifth-Third-Union Tr ust

20

5,169,841

5.000.000

Central Trust Co—_

Water town-

Common

$

2,480,802
1.848,100
7.045,556
3,951,378

950

Mohawk Nat Bank—

Citizens

175.000
50,000
500,000
150.000

Bank-

prices

Dime Savings Bk Co

Capital notes.....
Schenectady—

Nat

$
168,920
127,243
189,409
213.613

$
Nat

Fargo National Bk
First Nat Bk & Tr Co
Merch Nat Bk&TrOo

"c&X
82

72

Union Trust Co:

Union

Ask

Bid

Par

iox

6*

Gross

Deposits

Nom.

10

20

Surplus &
Profits

Capital

Dakota

2.800.000
2,000,000

Common

4% Conv.Preferred

NORTH DAKOTA

2

Oct

d

Lincoln-Allia Bk&Tr

COMPANIES

Oross

Deposits

$

S

TRUST

Capital notes

Yonkers Nat Bank &
Trust Co—

400,000 Ic
400,000

Common.....
Preferred

National Banks
Oct. 2

oklahoma

Institutions

State

June 30

Nomi nal.
Guthrie—

Per

100,000
75.000

206,629
106,000

2,530,435
1,392,000

Nat Bk of McAlester

100,000

First Nat Bk of McA

100.000

267,462
314,559

3,027,295
3,073.797

184,441
538,081
436,152

3,175,185
3,809,851
5,528,183

First National Bank.

m,ion.. Bank,

First State Bank
McAlester—

north CAROLINA

share.

100

100
N

o

25

re

cent

100

sa

les

Muskogee—
Nomi nai.

Asheville—

Per

First Nat Bk & Tr—

Charlotte—
Commercial Nat Bk.
Union Nat Bank

Nat

500,000
520,271
300.000
615,861
1,200.000 /2,900,741

Bank.

J

Fidelity Bank
Depositors Nat'l Bk.

3

150.000 d
53,438
500.000 /l,162,968

3

200,000
300,000 /
100,000
214.000

Durham Bk & Tr Co
Some Savings Bank
Mech & Farmers Bk-

4,128,495

20

share

Commercial Nat Bk.

First Nat Bk 8c Tr Co

20

180,310

457,940
109,042
69,357

12,739,827
7,458,123
74,417,584
1,357,176
15,040,791
1,879,542
6,200,427
2,050,378
979,235

100 x20S
100 x260
100 x290

100
25

55
72

20

19

100
25
25

Oklahoma Nat Bank.
Tradesmen's Nat Bk

100.000
500.000

Stock Yards Bank—

50,000

330,394
4,100,425
308,590
1,084,810
53,193
511,469
19,382

2,000.000

3,170,041

80
21*

5.000.000
Fidelity Nat Bank.. 0 450,000
Liberty Nat Bank.. el,200.000

100

125

150

6,265,304
57,582,710
6,865.641
21,267.094
1,563,410
17,103,355
1,103,646

100
10

150

200

50

50

7ft

100

210

100
100

175
100
150

100

100

125

54.604,700

20

29

31

6,692,965 f
I
4,926,625

20

30

67,570,981 f

10

150

200,000
800,000

Security Nat Bank—

255,207
397,774

4,781.397
14.035,015

*40""
25

45""
27 X

10
10

25

27*

125

200

Tulsa—

First Nat Bk & Tr Co
Fourth Nat Bank—
Common-

Guilford Nat Bank—

Preferred

15

16

Raleigh—

Nat Bk of Cora'erce.

0

125.000
175.000
350,000

j 330,032
80,813

20
20

20

Nat Bank of Tulsa—

First Citizens Bk&Tr

780,000

1,526,189

18,912,464

25

70

75

168,000
300.000

159,783
738,528

2,852,214
6,588,706

25

30

35

400,000
324.960
100.000

se

l/l 392,330

Common

Preferred

Wilmington—
People's Sav Bk & Tr
Co

West Tulsa State Bk
e

10

30

35

18,181,304 f 100

250

275

Preferred

Nat Bk of Wilson...

c

1160
235,253

2,636,559

0160

25

Winston-Salem—
First National Bank.
Wachevia Bk &T«*—

a

e

f

101,913

e4,275.000 /3,139,919

3,545,628
95,727,630

10
100

140

30

20

359,058

100

no'

t Toledo banks

on a

price range basis,

Sept. 28, 1938.
d June 30, 1939.
Common and preferred stock or debentures outstanding.
Controlled

oy

Member First

0

Retirement price,

Marine
Bank

Midland

h In liquidation,

Corp.

Stock Corp.

The Yonkers National Bank & Trust Co.

k March 29, 1939.
s

Branch of Smithfield, N

O.

of Yonkers, N. Y., reorgan¬
ized Dec. 13, 1939. New bank's title changed to Yonkers National Bank &
Trust Co.; capital, $700,000 preferred and $150,000 common.
o

135

27

Dec. 31, 1938.

/ Oct. 2, 1939.
n

200.000

2.500.000 13.211,282
1.000,000
25.000
16,422

5 Member of the BancOhlo Corp.

Wilson—
Branch Bkg 8c Tr Co
Common




200,000

City Nat'l Bk&Tr Co
First Nat Bk 8c Tr Co
295

Oreensboro—

Wilm 8av & Ti

125

100

100
125

100

Oklahoma City—

American Trust Co..
Durham—
Citizens*

205,517

200,000

100,000
300,000
400,000

Citizens National Bk

jan., 1940]

bams

National Banks

OREGON

Oct. 2

Institutions

State

Clonal Bant,

Per

$
200,000
.

First National Bank-

421,127

100
100

4,600.000

165
60

175
70

20

5,985,481 111,310,502
492.539
4,892,405
6,077,688 130,533,446

37

(Concluded.)
300.000 1
75,000

Preferred
Mellon Nat Bank

39

Nomi nal.

Allentown—

Second

Nat

share.

Per

1,998,470
2,168,111
1,389,386
938,185

1,000,000
1,000,000

Bank.

450,000

Lehigh Vail Trust Co

500.000

Altoona—
First Nat Bank—
Common
Preferred

318,-215

150,000

...

14,168,350
9,250,817
5,848,382
7.176,265

38

41^

10

20

23

100

6,542,709

140

25

90

105

100

12

14

98

loo"

453,234

4,350,848

278,551

2,734,654

100

1,249,595
13,879,348
763,992
7,708,705
4,298,940

10

300,000

157,585
728,241
55,519
283,204
299,331

300,000

331,502

14,508.380

10

200,000
,160,000

Lawrence Park N Bk

50,000

Marine Nat Bank
Nat Bk A Trust Co..

,273,000

100
100

66*3
16

Preferred
Union Bank

t

729,100
(The).. d

50
50

"857964

200,000

1,550,961

tmm-Mi-mr*T5r

a 50

50

Harrisburg—
Allison-East End Tr.

396.510
300,000
300,000
400,000
125.000
400,000

Oapital Bk A Tr Co.
Harrisburg Nat Bank
Central Trust Co
Citizens Trust Co

Dauphin Dep Tr Co.
Harrisburg Trust Co

400.000

Market St Trust Co.

151,292
464,163
847,761
916,698
35,838
,341.756
,469.051
30,786

225,000

Lancaster—
Conestoga Nat Bk__
Fulton Nat Bank
Lancaster Co Nat Bk
Farmers' BkATr Co

400,000
600,000
600.000

10

5,067,943
7,286,667
4,732,986
1,116,003
14,477,242

10

12H

25

80

50
50

68
9

10

37
68

41

25

1,318,763

50

14

16"

11,059.342
11,360,752
9,120,982

20

(55

20

(47

50

(102

6,586,205

( 10
I 10

256,313

1,814,320

10

Common

141,625 1
100,000
200.000
700,000
200,000

60,849,081
9.945,000

10
60

Corn Exch Nat Bank
A Trust Co
4,550,000 10,010,993 120.921.317
Erie National Bank. d
450.000
142.823
4,670,284
First National Bank.
3,111,000 6,715,770

Glmbel Bros Bk A Tr
200.000
Kensington Nat Bk. dl,129,766
Market St Nat Bk..
1,000,000
NatBkofGer ATrCo
400,000
Nat'l Bk of Olney—
Common

341,328
4,676.491
2,274,939

North Broad"Natl Bk
Northeast Nat Bank

85,754

20
60
100

102.823,293
2,994,403
9,294.527
39,237.609
14,566,503

2,230,115

90.197
n

105,000 I
95,000
250,000
200,000

PfhfAlTAH

50

"l5

500.000

—

Preferred

Preferred
Tioga Nat Bk A TrOo d
Tradesmen 'sN atlonal
Bank A Trust Co.

Wyoming Bk A Tr..
Broad Street Trust.Chestnut Hill T A Tr
Citizens A So B A Tr
FIdelity-Phila Tr Co
Finance Co of Pa
Frankford Trust Co.
German town Tr Oo.
Glrard Trust Co
Industrial Trust Co
Integrity Trust Co—

4,181,148

60

200,000
85,000
400.336

144,903

85,676

f

3,750.000 tg 5643948
7,350.000
Liberty Title A Tr Go 1,000,000 gl ,250,659
Mitten Bk A Tr Co
1,500,000 g
655,890
Ninth Bank A Tr Co d2.210.000 g
573,617
Northern Trust Co..
500.000
3,257,988
Nor Phila Trust Co.
500.000 gl ,346,856
.

Real Est Tr Co

Sonsltaly Bk A Tr Co

Pittsburgh—
Allegheny Valley Bk.

200,000
100.000
200,000

Arsenal Bank..
Bank o Ohio Valley.
Braddock Nat Bank.
Dollar

Savings Bank
Farmers Deposit Nat
First National Bank.

Farmers Deposit Tr.
Fidelity Trust Co...
Manchester
Savings
Bank A Trust Co.

20

50

.

Forbefl National Bk.

Fourteenth St Bank.

Bank

I

JjH
70*
15
a25

13

106""

109

25

10

Iron A Glass Dol Sav

100

3?2n
50

128

15

'"SO" "36"
75

"93"

88
59

"loo" 150"
82
25

20

30 X

Tr Co

Union National Bank
Berks Co Trust Co.
City Bank A Tr CoReading Trust Co..
ScrantonE Scranton State Bk
First National Bank.

1,000.000

Preferred

A

South Side Bk A Tr.
Third Nat BAT Co-

West

Side Bank

Penna Trust Co—
Common

701,654

7,446,875
2D837i810
4.174,543
17,415,738,

L8OB.0OO (01,451,377
300.000

363,014

1.170.300

2,383,760

200.000

Green Ridge Bank
North Scrant Bk A Tr
Providence Bank
d
Scranton Nat Bk—
Common

204,776
5,740,738

5

31K

5

100
100

85

70

6255"

100 5900
100
102

10

5

50

30

50

75

10

*

5
10

—

*-

100

*

5X
7-

11M

10 *JX

25

25

18

24

50
16

64

68

22

24

39

326,680
52,753

.1,388,712
60.349,002
1.508,149
3,242,754
978,485

182,716

2,853,265

60
75

35

761,562
895,272
554,119

4.050.000
200.000
300,000
300.000

4,917,813
16,826,990
3,100,541

25
25
25

"4l"

170,002

2,000,869

100,228

200.000
75.000
400,000

1,000,000
250.000

150,000
182.375

.

28
26

50

10

45"

42

43

56

60

25

1X

25

Wilkes-Barre—
First National BaDk

Hanover National Bk d
Miners Nat Bank
Second Nat Bank..
W-B Dep A Sav Bk

Wyoming Nat Bank

750,000

1,490,657
136,569
5,510,791
2,529,442
607,595
689,507

9,275,678
1,438,101
23,911,672
15,550,855
4,283,197
7,771,650

224,491
410,532

2,567,478
5,177,342
5,452,091

205,452

2,463,505

365,248
36,889
673,747

200,000
2,500,000
1.000,000
500.000
500.000

3,292,579

100

130

40
50

45

140

50

100

82
225

25

<17

250
18

50

50

53

10
20
10

19

85

Willlamsport—
First National

Bank

Willlamsport N Bk.
West Branch Bk A Tr

250,000
250.000
225.000 g

376,254

York-

Cent Nat Bk A Tr Co
Common

Preferred
Orov A Mech N Bk.
Eastern Nat Bank..
First National Bank.
Indus NB West YK.
.Western Nat Bank
York Co Nat Bank
York N Bk A Tr Oo.
Guardlan Trust Co—

250.000
190.000
150.000

100.000
500.000
125.000
225.000
300.000

741.894

8,291.071
1.764,179
5,445.019

208,201
528,069

943.457

5,149,648

571.642
500.000 g
739.015
nnn gl ,374,107

5,149,648
4.408,210
8.264,428

500.000

10
30
20

(106
10
100
10
10
100
20
25

20 X

70

65
15

ill
55
35

16
17

193
57

25

53 X

HH

10

15V2

16X

8

10

12

100
100

234"

244"

100

134

138

10

39

42

10

17 X

193
613

10

58 H

10

34,978,595

3H

5

i
11.246.467

50

6,893,719
20,236,911
12.526,505
7,692,247

50

3,110,491
1.352,084
776,395

11,201,791

55,684,263

'

440,317
579,850

5,435.874
9,304,215

alO

10

100
50
10
100
100

50
10
50

2X

~28X
23

3X
3 ix
26

7
5H
515
530
86
90

30^
294
23 X

4H

50

100

%
100
100
100
25

106,496

50

50

20

4,222.720

100

105

300.000

Common

500.000

1.160.163

109.250
90.750

Preferred

High St Bk A Tr Co
Mechanics Nat Bank

350.000
150.000
850.000

Preferred

Rhode I Hos Nat Bk.
Rhode Isld Hos TrOo
Union Trust Co

4,821,960

25

78

73,734

1,979,753

no

8

234,518

1,718,007

50

| 220.747

4,973,361

J 25
\25

854.010

8,190, 921
3.935, 729
14.048, 256
116.606, 468
1,743, 202

60
50

J

450.000
925,023
.500.000 2.415.411
.000.000 10.581.092
125.000 n
199,358
500.000 3,037,949
.000.000 nl2252677
.000.000
1.387.555

Woonsocket—
Woonsocket Trust Co d

442.500

o25

150

120.000

NatBank of OomATr
Phenix Nat Bank...
Providence Nat Bank
Industrial Trust Co.
Lincoln Trust Co

32

100

Providence—

Blackstone Can Nat.
Columbus Nat Bank:

385.000
250,000
800.000

Union Savings Bank.

150,000

*

n

153.678

alO

126'
15

20

"70"
120

100

295

310

100

180
33

190

25

59,042. 630 *100
41.821, 313 1000 2250"
24.850, 486
100
135
3.457.130

83
11

10

100

2450

(100

Preferred

Nomi nal.
Per share.

237,123
251,446
202,585
52,003

100
5.623,285
3,552,589 plOO
9.914.100 /100
100
1,350.864

Sale price.

a

170

stock

retirement

price.

A A mutual savings bank.
d Common and preferred stock
e

65

1,634,272

60

Northw'tSecurNatBk d

95
5

200,000
200.000

/ 25
125

585.122
3,294,627

Sioux Falls—
First Nat'l Bk A Tr. d
Nat Bk of So Dak

175

50
10

6,361.757

71.111
491,230

6

100

170
160

322,775

26^

2

881,482
1,232.974
2,427,463

75,597
406.860

Newport Trust Co..

400.000 1
185.000
120,000

304"

25

10

.

33^

40

50

3.290.363

481,305

Preferred

Common........

5

io

101,272
949,591

Common

Newport Nat Bank.

X

5

30,356,916 r

Nomi nal.
Per share.

Aquldneck Nat Bank

18

6.

561,225




15

'126" 130"

6.000.000 11,364,855 97.133,922
Potter Title A Tr Co d
875.000
413,828
7.359,721
Provident Trust Co.
277.355
150.000
2,009,555
South Hills Trust Co
125,000
(7388,798
1,779,470
Union Trust Co
1.500.000 (798579 058 266,223,161
Washington Tr Co..
500.000
1,366,760
6,358,479
West End Bank
200.000
190,445
1,777,095
William Penn Tr Co. d
175.000
125,500
2.100,000
Worklngman's Savgs
Bank A Trust Co
1.114,711
400,000
9,819,324

250,000

Newport—
123

984.774

172.700

399,409

a25~"
70

5J4

200.000

100,000

125.000

12

50

Yorlr Trnst Co

c
or

Dec. 1,1939.

debentures outstanding,

Dec. 31.1938.

/ Member of Northwest Bancorporatlon.
<7 Oct. 2, 1939.

5~

t

at

Pittsburgh

50

'*12"

2,445,571

3,545,034 / 20
1 30
25

c5,412,435

300.000
500,000
307.250

1,960,095 r 25
I 25
1,693,970
40
11,899,617
50
1.061,707
50
1.305.000
50
36,145,903
100
35,605.627
100
3,852,251
50
6,146,263
100
29,914.416
100
21,083,511
100
2.706,893
50
202,273
100
26,192,058
25

1.320.000 1,181;269
2.000.000 10.982,666

2,695,315

6.000.000 11.046,115
98,843.511
6.000.000
6,945.294 110,650,227

First Nat Bank A Tr
Co of East Pitts

Freehold Bank....
Hazelwood Bk (The)

230,946
268,311

500.000
)

67K

25

7,785.302

8.400.000 1717208 308 257,415,056
750,000
1,109,706
666,250
3.200.000 (712366 165
53',299,978
1.500.000 (72,345,873
11.166,146
300.000
309,973
3,607.085
125,000
40.584
997,993

Provident Trust...

25

3

10

Common

Security Bk A Tr Co

5X

10

1,164.331

Preferred

Penn Co for Insur on
Lives A Grant Ann
Penn W'h'gA 8 D Ot

318
58

10

242,205

a

10

995,973
2.000,000
3,000,000

preferred....

2d preferred
Land Title Bk ATOo

28^

10
10

3,300,000 4,804,056 48,364,698
d
300,000
91,869
2,783.486
400,000
482,902
2,065,316
250,000
89,892
1,574,642
125,000
17,157
597,164
6,700,000 1715811 508 119,993,206
2,320,000 7,289.856
1,244,840
500,000
1.680,211
11,780,574
1,400,000 2,216.167 20,575,599
4.000,000 10,215,527 104,856.936
dl,132,250
1,047.789
11.360,565

Common

22J4

364

"25H
53

2,196,324

654,343

36 H

33

308

222.772

50

100

48

45
30
354

10

650,000

South Phil a Nat BkCommon

33X
19X

100

302,000 t
153,513
3,505,036
197,000
Philadelphia Nat Bk 14.000,000 J7.795.304 508.658,257
Roosevelt Bank..... d 264,818 e
121,967
2,355,000
Second Nat Bank—

Bank

1,500.000

Preferred

100

.

Northw'n Nat Bk—
Common
Preferred

Hill Top

Oom'wealth Truat Co
Dormont SAT Co.

...

7,283,604
286,000

67,437

173,674
740,538
85,060
147,497
4,094,010
(75,946,357
471,773
868,199
(72,118,301
(72,538,465
122,783

Polithania State Bk.
Sheraden Bank
50.000
Union National Bank
2,000.000
Union Savings Bank.
1,000. OOP
Western SAD Bank d 492,500
Allegheny Trust Co.
700.000
Colonial Trust Co
d3.672.900

14H

\

Central-Penn Nat Bk 3,040,000
City National Bank. dl.100,700

Homewood

14

12,814.959

Philadelphia—

1st

14

922,284
1,114,470
779,023

300.000
88,820
300.000 g

Preferred
Northern Bk & Tr Co

Common.

'7

4

3,087,824

Jff 470,597

Common

50

50
.

Reading—

Security-Peoples TrOommon

4.427,156 (

People's-Pittsburgh

ErieBank of Erie
First National Bank.

296,804

7.500,000 38,444,758 353,980,831

Mat Bank of America

mm

10

250.000
263,390
249,300

Preferred
Central Trust Co

105

100
100

290,000

Altoona Trust Co—
Common

155

100

Ask

Nomi nal.
Per share.

Preferred
Nor 8ide Deposit Bk
Pitt National Bank.

Allentown Nat Bank
Merchants Nat'l Bk.

Bid

Par

Keystone Nat Bk—

Portland—
3.000.000
300.000

Deposits

Pittsburgh

share.

100

8,482,089

Cross

Profits

Capital

Common

First National BankPortland Tr A Sav Bk
United States Nat Bk

State Institutions
Oct. 2

Surplus St
Ask

Bid

Par

Deposits

Nomi nal.

Eugene—

109

PENNSYLVANIA

Oct. 2

Qross

Surplus &
Profits

Capital

trust companies

and

50

Mar. 29. 1939

k Stock all owned by Rhode Island Hospital Trust Co.
I Last sale.
n June 30,
1939.
o New stock,
p Affiliate of the First Bank Stock Corp.

N
re

o

cent

salles

AND TRUST COMPANIES

BANKS

110

NalUmalBank,

National Banks

g0UTH CAROLINA "jKo"™
Gross

Surplus &
Profits

Capital

Pa^

Deposits

June 30

Gross

Surplus &
Profits

Capital

Ask

V Bid

State Institutions

TEXAS

Oct. 2

Ask

Bid

Par

Deposits

Nomi nal.

Nomi nal.

Charleston—
Citizens A Sou

Bank

700.000

a

656,298
303,831
43,982

d

200,000
50,000

Carolina Sav Bank..

Miners A Merch Bk.
South Caro Nat Bk—

Per

20,925,737 0100
6,377,030 100
100
464,071

Jl,183,866

200.000
35,000

167,629
262,384

5,236,320
1,388,468

250,000
200.000

589,749
572,604

6,492.139
4,995,106

105

69,071

3,194,952

11K

10^

20

200,000

Preferred.

17 H
125
120

100

38.347,427 1100
1100

1,100.000
1.100,000

Common

share.

10K

$

%

%

.

20

Columbia—
First Nat Bk of Ooi.
Lower Main St Bank

10

Peoples Nat Bank—

Spartanburg—
Com'l Nat Bank

OK

OH

25

Greenville—
First National Bank.

100

Common

360.000

Preferred

110.000
<1.000,000

30

10

60

31

TENNESSEE

( 137,953

2,285,260
4.173,257

100
100

185

395.048

4,218,614

100 t

250,000

338,202

675.000
100.000

Common

139,025
70,434

531.050

8,995,734
11,396.222
886,738

c

Citizens' Nat Bank..
First National Bank.
National City Bank

97,321

Per

share.

100

190

200

| 452,507

10,350.422

/100

150

155

<2.700,000

1,629,150

44,939,653

50,000
200,000

62,285
134,075
1,626,120
636,011

1,587,016 100
3,040,746 6.25
24,878,924 100
11,666,150 100

2,278,677

51,850,082
33,631,331
1,882,285

100

285

2.190.356
.94,207

100

270
210

5,195,483

74,290,974

10

1100
100

"l37" 142""

Knoxville—
Bank of Knoxville—
Uomm'l Bk A Tr Co. <

HamiltonNationalBk < 900,000
1.000.000
Park National Bank.
Memphis—
1,200,000
First National Bank1,000.000
Nat Bk of Commerce
50,000
State Savings BankUnion Planters* Nat 1
3.500,000
Bank & Trust Co.
1

Nashville—

100
50
100

190

Institutions

State

UTAH

Oct. 2

Pet

Commercial Sec Bk
First Securf 1 y Bk NA
Salt Lake City—
^ont) Nat BtftTr C<>
First Security Corp.
of Ogden
First National Bank
CTtah State Nat Bank
Zion's Sav Bk A Tr
Utah Sav A; Trust Co
Walker Bk A Tr Co:

<
<

500.000

i

10
245

Common.

6,678.413
19,335,338

—

950.000

406,729

12,665,775

100

3,110,380
976,829
831,615
1.193.845
264,489

60,587,308
17,432,163
15,190,215
14,514.520
3,599.734

<
<

750.00U
750.000
1,000.000
300.000

878.686

27,476,867

1.500,000 I
200,000

295
285
National Banks
Oct. 2

230

27 H

-—

17

22

195

210

100
100

172 H 180
185
192

100

130

140

100

119

125

Institutions
June 30

-

Nomi nal.

Broadway Nat Bank
Commerce-Union Bk
Nashville Trust CoCommon

Preferred
Third National Bank

Per

Barre—

662.402
518,956

100
100

429,682

6,659,275
6,853,303
916,466
3.350,374

407.500

67,629

2,675,127

100

150,000
172.800
100.000
614,951

203,845
113,179
224,333

*2,318,548

20

1,319,267

100

150,000
100,000

305,486
137.553

2,889,050
1,146,797

100

N

o

re

cent

100.000

132.403

3,161,711 1100

sa

fes

168,044

2,132,932

200.000

lewardNatBkATrOo

600.000
150.000

20

22

9,703,729 flOO
\100

&

110

Merchants Nat Bank

1,509,033

100

250

260

Burlington Trust Co

27,505,396

3,608,580
2,807,6 5
1,958,594

210,000

J 940,152

500.000
1,133.300
1,000.000

share.

100

500,209
283,050
168.454

<

People's Nat Bank..
JJuarry 8 Bk A Tr Co
BurlingtonChittenden Co Trust <

Cranlte S B A Tr Co

57,058,786 f 10
1100
20
5,540.871
10
21,296,313

3.000,000 11,497,750
3,250,000
634,466
300,000
1.000,000 1,116,846

75

21

100

Stale

VERMONT

68

10 h

28

16

100

*

Preferred

1 hare.

100

162,602
1,387.422

900,000

Capital notes.....

100

•

2,468,770

.

150

140
9

238

American Nat Bank
Common

200
87
80

78

Nomi nal.

13,740,715

Preferred

50

June 30

375.000
275.000

Hamilton Nat Bank.

elOO

200

100.000
400,000

National Bank ofFort
Sam Houston
dan Antonio Nat Bk
Beuth Texas Nat Bk-

100

Institutions

State

625,000 dl ,350,907

Common

102
250

100

25

Nomi nai.

Chattanooga—
Bkg Oo_.
Uommercial Nat Bk:

J100

26,904 658

Ogden—

Amer Tr &

96

1,038.840

National Banks
Oct. 2

National Bankt
Oct. 2

5,681,631

300.000

Nat Bank ol Comm.

Uff

58 M

share

Per

%

San Antonio (Con cl.) $
Groos Nat Bank—

204.500
491.500

82.714

<1,085.961

Montpelier—
Capital S B A Tr Co i

100

"75

100

100

0

40

cent

100

les

Flret National Bank:

National Banks

TEXAS

Oct. 2

State Institutions

Common

Oct. 2

Nomina I..
Per

Austin-

800.000

Austin Nat Bank—

t

Capital Nat BankCapital stock
Preferred stock

523,078

570.750

American Nat Bank.

696,951

125.000
75.000

173,653

share

100

Common

3,515,086 fl00
elOO

1100

First National
Becur St

400,000
400,000
200.000

Bank.
Bank.

Bk A Trust t

10,799,162
13,549,334
2,348,203

100

N

100

rec

100

sa

25,414,431
6,482.979 132,358,340
63,518
2,007,516
6,363,504
250,640

20

627,743
931,499
n

103,529

1.000.000

First National ttank.

a.ooo.ouo
50.000

Hillcrest State Bank.

943,416

x

20

<

10

1100

252 500

100

National Banks

les

State

VIRGINIA

2

Institutions

June 30

45"

44

47^

48 H

Nomi nal.
Per
share.

100

20

30

ent

Oct.

Bank-

25

o

I tla.llfk.a-M>—

Dallas Nat

UOO

125.000

Preferred
Rutland Trust Co—

Beaumont—
American Nat

3,017,095 1100

Rutland—

ClementNat Bank—
KUllngton Nat Bank
Rutland Go Nat Bk:

100

14,138,911
18,603,177

—

Preferred

Montpelier Nat Bank
Montp'r 8 B A Tr Co <

"49" "Bi"

Common

—

Preferred

Republic Nat Bank..
Nat Bank of Comm.
Oak Cliff Bk & Tr Co:

1.200.000
800.000
4,000.000

1,210,742

36,889,477 I 20

4,357,478

160,000

411,362

82,748,593
7,021,093

200,000
49,300

Common

Capital notes
Texas Bank & Tr Co:

| 113,433

Capital notes

100,835

2,851,090

20
100

I 20

2,643,260

I 20

"Iih ~52K
215

60

100

121,800
300,000

89,903
91,004
469,806

258.983
670,272
3,133,976

100

250,000
2.500,000
1,500,000

475.026
997,456
1,113,609

100

240

250

100

119

120

150.000

89,324

3,499,593
34,933,740
18,893,885
2,076,696

200,000
276,000 d

191,737
99,720

3,076,289
2,747,700

500.000
250.000
445,000

188,568
91,163
221,935

6,209,603
1.287,458
2,891,159

600,000 dl,027.664

20

39

1,127,257

9,944,455
22,669,8 *5

20

32

66,095

802,526

10

3,568,265
130.672

73,143,966
2,144,259

20

49

20

27

30

17^

18H

Co

People's Nat Bank..
Depositors Industrial
<

35

Merch A Planters Bk
Nat Bk of Commerce

506,419
1,161,027

17,803,844
37,999,123

60

70

72

1,500.000 [2,715,433
600,000
Preferred..
15,420 :
9,532
Fraternal Bk & Tr Co
220,000 i
87,500
Onion Bank A Tr Co <

47.959,904

100

1500

20

42 H

45

i

20

48

50

[

20

Citizens Nat Bank.

100

AmTr

<

American Nat Bank.

<

Co..

Merch A Farmers Bk

<

ilo

130"

Bank of Oomm A Tr

Central National Bk.

1,000,000
80.000 k

Consol Bk A Tr Co..

200,000
200,000

423,752
404,739

15,592,592
4,775,984

100
100

N

o

re

cent

760.000
500.000

386,063
829,824

10,964,921
11,993,340

100

sa

les

First A Mer Nat Bk.

Hutchlngs-Sealy
National Bank
U S National Bank-

50

Bank.

i

250,000

304,318

100

180

[

20

42

[

20

6,513,200

City National Bank:
500,000
100.000

Preferred—

|, 436,187

16.464,243

Preferred..

3.000.000
1,600.000

|1,938,224

56,492,229 J100

I

5

I 8
1355

6H

25

36^

37H

10

12

13

10

10

10H

10

10
N

50

o

100

re cent

100

sa

les
42

34

'5l"

BkA Tr:

1,250,000 ldl376 003
Preferred
1,600,000
403,573
Sav Bank A Tr Co..
200.000
233,203
200.000
southern Bk A Tr Co
808,882
Virginia Trust Co... <1,000.000
...

First Nat Exch Bank
Mountain Trust Hfe.

185

Uoo

200.000

State-Plant
Common

Roanoke—
Colo nial-A mer Nat B

First Nat Bank—
Common.......

3.000,000

Mech A Mer Bank..

Houston—

Common

5

Richmond—

Galveston—

City National Bank.
First National Bank.

1130
Z1521!

PortsmouthCitizens. Trust

10

390,249
1,181,291

100.000

Petersburg—
Petersb Sav A

—

1155

Norfolk—

750,000
1.500,000

500.000

438,008

1.000.000

1,777,340

800.000 d

357,618

58,735,599 /ll'i
100

3,775,834
4,676,985
6,404,783
5.959,165
27,585,601
5,435,539

......

25

15

26

50

"30"

74

75
235
95

50
100
100

el 00

Bk— o

Houston Nat

Common

Preferred
Second Nat'i Bank—

of Comm.
State National Bank
Onion National Bank
South
Texas
Com¬
mercial Nat Bank.
Nat Bank

632,500 I
354,562
367,500
1.000,000 1,802,089
<2,500,000 4,708,758
<
800.000
489,022
1.000.000 1,452,937

1.600.000 2,138,805
200,000 k
232,219
Fidelity Trust Co600.000
Guardian Trust Co..
1,039,097
Houston Land A Tr. <1,400,000
572,578
San Jacinto Nat Bk356.000
Common..
.—
294,000
Preferred
—
—

J 116,535

15,011,909 J100

90

100

100,000

Merchants Nat'i Bk.
San Antonio—

200.000

576,888
344.083

100
100
100
100

49,855,371
91,310
7,681,275
5,857.858

100

287
350
170
230
310

100
100

80

7,737,670 /100
1100

92

Preferred
-----Bexar Co Nat Bank.

Common

Preferred
Frost National




Bank

J 885,024

200,000 I
138,136
85.000
1.200.000 1,406,053

325

Peoples N B of Wash.

'85"
96

625

Per

Sumitomo B of Seattle

8,000.000
2,500,000
2 500,000
1,500,000
200.000

Seattle Tr A 8avs Bk

by Central Securities Co. with exception of directors'
Member of First National Corp.
b Member of First Security Corp.

n

100

Texa^fall held

qualifyfnglihares.

,

Sept. 28, 1938.
Preferred stock retirement price,
c

2, 1939.
e
Bancorporation.
Represents quotation for First Security Corp. of

Odgen, Utah, class A

stock.

42

1 50
38,535.156

39

f Member of Marine

158

1100
60

400.000
550.000

share.

38

6,823,040 171,357,215
3,845,099 82,626,234
1,492,857 25,733,534
836.176
29,343,549
124,919
2,160,331
206.066
5,731.841
8,158,171
548,483

a

100

2,952.798 I

Oct. 2

t Stock of South Texas National Bank of San Antonio,

100

19,251,004 rioo

Institutions

SeattleSeattle—First Nat Bk
Nat Bk of Commerce
Pacific Nat Bank—

d Oct.

500,000
851.000

State

Nomi nal.

240

University Nat Bank

6.001.440
4,019,253

WASHINGTON

375

155"

100

Oct. 2

295""

Alamo National Bk:
Common.

National Banks

125

31,806,623
49,228,547
9,979.567
35,206.685

Port ArthurFirst National Bank.

.

4,594,646
4,718,097

Trust

32H

100

Citizens State

495,013
406,709

A

Lomu Bank

11,494,798
21,141.677

Common

600,000
500.000

National Bank.

Lynchburg Nat Bank

OomlTr ASavs Bk:
Lynchburg Tr A 8 B.

543,392
1,627,089

National Bank
Fort Worth—
Continental Nat Bk.
Pirst National Bank:
Ft Worth Nat Bank:

100

41

300,000
300.000

etate

8,483,799

First

39

XI Paso—
fll Paso Nat Bank—

475,464

Seaboard Citz N Bk.

1100

125,000 I
50,000

Common

43

42

1.000.000

Southn Bk of Norfolk

250,000

Liberty State Bank:
Mercantile Nat Bk—

*205"

50
e50
230

< Common and preferred stock
0
n
o

r

outstanding.

k March 29, 1939.

Affiliated with the Citizens' A Southern National Bank of Atlanta, Ga.
June 30, 1939.
1
Controlled by the Joseph F. Meyer Interests,
Member Peoples Corp.
•

BANKS AND

Jan., 1940]
*a,iona,Ban*,

Spokane—
Old N

a

share.

Per

100

6,696.038

178,484

500.000

45

40

B A Un T Co.

Common

750.000

750,000

J 634.495
764,392

8,839,873

Tacoma—
Nat Bank of Wash.. al .400.000
Paget Sound Nat Bk a 740.000

991,770
274.519

21,943,800
7.202,357

Preferred-

Washington Trust Co

1.15

24.807.580 1100 11.05

200.000

------

100
100

25

Per

21,327.943 I 25
i 40
6,755,772 100
22,902,602 100

Preferred
KanawhaBkg&Tr Co

450.000

1.000.000
200.000
600,000

439,444
1,406,770
122,762
305,959

1,000.000
O122.000

1,359,300
40.000

17,985,600
1,100,000

_

600.000

Huntington—
First Huntg Nat Bk
Twentieth St Bank..

3,628,075
1,159.168

s

Milwaukee (Concl. )
TeutoniaAveStateBk
West Side Bank
Wisconsin State Bk
First Wise Trust Oo.

S
466,700
400.000 d
300,000 d
1.000.000 6

m'X!tnk'

18

150.000

A Trust Oo

:

J

80,585
706,078
672,652
148,955
791.550

N

2,890,679

cent

4es

20

Returns

are

National ttanks

65

NOVA SCOTIA
20
112
123
100
300

25
100

100
100
100

25

130"

Gross

Surplus A
Profits

Capital

Par

Deposits

Bid

Halifax-

100

ONTARIO

Nom inal.
Per

State Bk of La Orosae
Milwaukee—

100.000

Amer State Bank...

20
4,782,658
100
1.171,513
6,533,829 0100
2,686,075 100

20

151,180
165.405

2,651.946
3.652,343

20

25
30

7,600,000 16,866.957 228,392,436 I
1
7.500,000
2,400,385
o350.000
167,850
Kilbourn State Bk.. a
22,487
1,674,894
150.000
Common......
Preferred
Home Savings Bank.

t

...

Lincoln State Bank:
Common
Income debentures

100.000 1 b

300,000
2,200.000

Marine Nat Exch Bk

62,525

2.508,850

(Concluded from
Dec. 1

page

.1948
1956
1955

(Dominion) 4s._

94%

1941

Brazil 8s

Colombia 6s__._

19%

73%
98 M
97 M

1960

Oct. 1961

32

1942

76

6s

1945

67 M

Helsingfors 6%s_
Italy (Kingdom) 7s
Japanese Govt. 6%s

1960

60

Denmark 6s
Finland

m

mmm. mm m

20
20

67 M

mm

18

20

40

42

20

20

22

20
100

20

30

20

5

6%

93
Dec. 22
94%
9
Dec.
80%
1 101%
98% Dec.
16% Dec. 15 19%
96% Dec. 12 101%
30
Dec. 23
34%
76
8
62% Dec.
4
32
Dec.
67%
24
Dec. 26
60%
9
65% Dec.
70%
69

Dec.

Dec.

1

Dec. 29

Dec.

1
1

Dec. 29

Norway 4%s

1965

77

Peru 6s

1960

9

61% Dec.
8% Dec.

Atch Topd: S Fe gen 4s
1995
Bait & Ohio RR conv 4%s__1960

106%

Bethlehem Steel 3 Mb debs...1952

106%
43%

1967

Bklyn-Manhat Transit 4%s.l966
Com'wealth Edison deb 3 Ms. 1958
Delaware & Hudson 4s

Dec.

6

70%

Bond sales
Doro estlc

Foreign government

1

Dec. 21

1967
ser

G.1946

Interboro Rapid Transit 5s_.1966
Internat Tel & Tel deb 5s... 1955
Manhattan Ry consol 4s__..1990
Mo-Kan-Texas 5s series A.-.1962

15% Dec. 21
1

Dec.

8

79

79

Dec.

1

123

123

Dec.

1

63

14%
101%
72%
46%
76%

Dec. ' 1

59% Dec. 27
1
14% Deo.
1
100% Dec.
1
72% Dec.
38% Dec. 13
1
76% Dec.

18% Dec. 30

107%
44%
85%
12*%
64%
17%
112%
75%
47%
79%
20%

Dec.

14

Dec.

8

7

Dec. 30
Dec.

43

79

VOLUME

94%

44% Dec. 26

50

Dec.

Dec. 12

61

Dec. 29

Dec. 20

15

Dec.

13

Dec.
Dec. 13 106
Dec. 20 103% Dec.

1

8

Foreign

governm ent

United States Govt

F

Total bond sales....

17,773,413
$

146,192,000
25,586,000
4,322,000

Dec.

7

95%
48%
61

14%

THE STOCK EXCHANGE
1938

27,492,069
$

185,528,000

25,546,000
6,535,000

1937

28,422,380
$

162,209,000
25,054,000
10,736,000

1936

*

48,600,177
$

282,033,000
50,468,000
23,378,000

176,100,000

217,609,000

197,999,000

355,879,000

262,029,599

297,466,722

409,464,570

496,046,869

Jan. 1 to Dec. 31—

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

$

$

$

$

United States Govt

1,479,987,000 1,483,922,000 2,097,109,000 2,899,372,000
346,778,000
248,577,000
254,964,000
358,615,000
127,366,000
248,644,000
311,132,000
318,887,000

Total bond sales

2,046,083,000 1,859,865,000 2.792,531.000 3,576,874,000

Railroad and miscell

Foreign government-

—




31.546,000

62,039,000
134,843,049

-

—

546,000

58,091,000
2,583,000
1,365,000

$

S

'

S

$

432,689,000
4,596,000
7,212,000

352,989,000
7,432,000
6,563,000

419,861,000
12,664,000
9,836,000

790,556,000
19,202,000
13,292,000

444,497,000

366,984,000

442,361,000

823,050,000

DECEMBER

in the first half of the period, and the

holiday demands for currency, the mid-month
date, and to a rise in Treasury deposits in the
resulting from

factor

was

a new

issue of Treasury bonds.

the moderate reduction in Govern¬

security holdings by the Federal Reserve banks, while
an important
offsetting influence for holding excess funds at current huge
levels.
The usual reflux of currency after the holiday season
as well as Treasury disbursements, and new gold accessions,
are anticipated to result in a further recovery in the excess
reserve position early in the new year, although the belief
is held in some quarters that continued hoarding of United
States curency by foreigners as well as a certain trend on the
part of the public to use currency in place of checks because
of the extension of service charges on checking accounts and
elimination of interest paid on deposits, may counteract the
effect of these seasonal influences, in some measure.
Excess
member bank reserves declined from $5,140,000,000 Nov. 29
to $4,850,000,000 Dec. 13, but on Dec. 27 bad recovered to
$5,050,000,000.
Treasury financing, announced Dec. 12,
included a refunding operation involving the refinancing of
$1,378,364,200 of notes maturing March, 1940, and resulting
in the exchange of $1,018,176,100 of these notes for 1951-53
2\i% bonds, and of $283,006,000 for 1944 1% notes leaving
but $77,000,000 for redemption next year.
Other Treasury
an

103

103

58%
13%
105%
102%

S

104,178,804

891,000

ment

106

59%
13%
105%

14,695,352

49,640,238

A contributing

108%

49

1939

Bond sales (par value)—
Railroad and miscell.—

19% Dec. 30
108% Dec. 30
82

$

45,729,888

Reserve banks

18

OF BUSINESS ON

Month of December—
Stock sales—No. of shares

1

5,840,699

29,830,000
1,211,000
505,000

tax collection

18%

18% Dec. 12
95% Dec. 29

Shell Union Oil 2%s._
1954
Southern Pacific Co g 4Mb..1969
Southern Ry 4s
1956

1960
1948
1944

1

6,164,437

35,966,000

excess reserves

customary

54%
57%
19%

15% Dec. 27
1
94% Dec.

17

U S Steel Corp 3%s debs
Utah Power & Light 5s

19

17

1

81

1953

Third Ave adj income 5s

Dec.

106% Dec.
78% Dec.

Dec.

2

78%

1936

subsequent recovery in the position, notably during the fourth
week of the month.
The early loss in reserves was due to the

74""

1

Deo. 29

4 100
Dec. 13
99% Dec.
Dec. 30
50% Dec. 27 55
53% Dec. 12 57% Dec. 30

106%

ber bank

7

Dec.

53%
54%
17%

1960

1937

last month of the year were the further sharp decline in mem¬

62%
17%

Dec. 13

99%

N Y N H & Hartford 6s.....1948
Penn Power & Light 3%s_-.1969

190

Outstanding developments in the money market during the

18

128

Dec.

N Y Central

1978

1938

THE MONEY MARKET DURING

Dec. 30

Montana Pow 1st & ref 4%s_1966

2013

186

42%

Dec. 30

16% Dec. 27

Portland Gen Elee 4%s
Postal Tel & Cable 5s

-

-

Foreign corporate

107%
44%
85%

20

RR4%s A
N Y Chic & St L 4Mb C

100

~9%

64% Dec. 26
8 108% Dec. 27
1
104% Deo. 16 106% Dec.
105% Dec.

100

34,529,000

(par value)—

79

52%

1

43

1943

Erie RR 5s

Great Northern RR 4s

16%

210

...

Jan. 1 to Dec. 31—

Stock sales—No. of shares

Total bond sales
42

100

30,525,000

Total bond sales

Railroad and Industrial Bonds

60% Dec.
107% Dec.

cent.

209
159

EXCHANGE

$

§

-.—

40

Dec.

Dec. 29

38% Dec. 28

Per

I

100
100

31

Dec.

42

4,407,908

Foreign government—
Foreign corporate

67

53

9%

18%
101%

1

80

Boston & Maine 5s

208

29,165,000
525,000
835,000

Domestic

15

1

77

Bond sales (par value)—

Dec.

15
7

78%

Dec.

Dec.

7

1939

Month of December—
Stock sales—No. of shares

Dec. 29

Dec.

60%
108%

OF BUSINESS ON THE CURB

94

2

Dec. 26

78

1961

203% 210

100

Price

46

Amer Tel & Tel 3%s

'168

100'

Dec. 30

Closing
Highest

78

Allegheny Corp 5sstamped.. 1950

166

t Wisconsin Bankshares Oorp. no par stock,
ft Common and preferred stock debentures outstanding.
b Sept. 28. 1938.
c June 30, 1939. d Oct. 2, 1939.
e Member of the Northwest Bancorporatlon.
i Member First National Oorp.
s Trust funds.
t All stock held by Old National Corp.

VOLUME

49%

Amer & For Power deb 5s...2030

1001

QUEBEC

18)

Lowest

8,000,000 141,613,518

Montreal—
Bank of Montreal... 36,000.000 39,000,0001811,492,987
Banque Oanadlenne. 7.000,000 5,000.0001133,844,913
750,000 19,904,578
1,500,000
Barclays Bk (Canada)
Provincial Bk of Oan
4,000,000
1,000.000 47,498,052
Royal Bk of Panada 35,000.000 20,000,000 791,301,526

20

1951
1954
1952

Milan 6%s

Per .cent.
*254

100-

les

16

Opening

Argentine Nation 4%s..
Australia 4%s
Belgium 7s

9,000,000 127,665,204

re cent

100

-

7.000.000

Imperial Bank of Oan

o

sa

Range During December 1939

Price

Canada

37,679.766
48,206,427
2.417,683
2,803,887
1,878,531
2,090,192

25
N

---

1,186,346

Marshall A Ilsley Bk a2,940.000 d1,999,959
Mitchell St State Bk. a
27,554
696.000
a
Northern Bank
150.000
49,733
Park Savings Bank.. a
539,500
84,232
64,293
State Bank of MUw. a 650.000

Foreign Bonds

6,000,000

40

309,900 d

a

Bank of Toronto

Oan Bank of Comm. 30.000.000 20.000.000 590,150,338
Dominion Bank
7.000,000 7.000,000 125,941,865

27

100

200.000 d

City Bank A Tr Co..
First WIscNat'lBk—

share

335.996
78,566
281,371
168,416

500.000
175,000
400.000

a

311

309

——Jmur30

La Crosso—
Batavlan Nat Bank.

cent.

.162—1475-

Toronto-

Exchange State Bank
Nat Bk of La Crosse.

Ask

Per

S
S
1
Bank of Nova 8cotla 12,000,000 24,000,000 265.237,568

State Institutions

WISCONSIN

Oct. 2

100
100

all of Oct. 31.1939. Prices are per cent, not

100

100

308.685
299,579

260,000
300.000

21

50

22,499,427

1.800.000

....

5,849,399
8,689,418

38

34

Canadian Bank Statements

o

sa

100

1.957.710
5,251,817
5,911,070
1,145,591
5,294,243

;

20
100
20
100

share.

re

100

1,142,198

300.000

Security Trust Co..
Wheeling Dollar Says

92,375

449.605
500.000
500.000
100.000

Say Bank

Nat Bank of W Va__
Nat Exchange Bank.
Bo Side Bk & Tr Oo.

J

2,227,526
4,793,957
4,809.093
4,501,913

WYOMING

WheelingCenter Wheeling Sav
Half Dollar Trust A

$

%
62,102
892,791
340,527
647,612

Ask

Per share.

American Nat Bank.
Stock Growers N Bk.

Norm nal.

Kanawha Valley Bk.
Nat Bank of Comm.
Centra) Trust Oo.

Bid

Nomi nal.
Per share.
9
7
152
200

Cheyenne—

Charleston—

1.062.500 11,279,943

Par

Deposits

150

130
17

100

r" WEST VIRGINIA5""
Charleston Nat Bk:
Common

Gross

Surplus &
Profits

Capital

Institutions
June 30

Nomi nal.

S

$

State

WISCONSIN

v

Ask

Bid

Par

Deposits
■

%

Oct. 2

Gross

Surplus A
Profits

111

COMPANIES
National Banks

WASHINGTON sme 2X2*

Capital

First Nat Bk in Spok

TEUST

accelerated inward movement of gold formed

MONTHLY REVIEW

112

financing was limited to the usual four weekly issues of
$100,000,000 of 91-day bills to replace similar maturities.
Gold imports during the first three weeks of December
totaled $361,000,000, of which amount $286,000,000 came
from Canada, $21,400,000 from Holland, $9,400,000 from
Sweden, $7,200,000 from England, $6,300,000 from South
Africa, $5,900,000 from Japan, $5,600,000 from Italy,
$4,000,000 from Norway, and $3,400,000 from Switzerland.
Offsetting the large increase in gold arrivals was a rise of about
$205,000,000 in the amount of gold held under earmark for
foreign account, with the result that the total gold stock of
the country increased approximately $285,000,000 to a new
peak of about $17,640,000,000.
Discount holdings of the 12
Reserve banks increased slightly from $8,026,000 Nov. 29
to $8,051,000 Dec. 27.
Total member bank reserves fell
from $11,619,749,000 Nov. 29 to $11,287,608,000 Dec. 13,
but subsequently, recovered to $11,493,118,000 Dec. 27.
Unaffected by the temporary drop in excess reserves, prices
of gilt-edge securities showed further enhancement, with a
corresponding decline in average yields on short-term
Treasury notes from 0.60% Nov. 30 to 0.47% Dec. 2£, on
longer-term Treasury bonds from 2.38% to 2.30%, and on
91-day Treasury bids from 0.015% to 0.007%.
The rate
for call loans on the Stock Exchange continued at the pre¬
vious 1% level.
CALL LOAN

NEW YORK STOCK EXCHANGE

ON THE

RATES

LOW

Renewal

High

Low

Dec.

High

Renewal

1

1

1

Dec.

18..

1

Dec.

19..

1

1

1

1

1

Dec.

20..

1

1

1

1

1

Dec.

21..

1

1

l

1...
2

Dee.

Dec.

Saturday
Sunday

—

Dec.

3

Dec.

4.

1

Dec.

5

1

~

17..

i

"npf»

9,0.

Dec.

7

1

1

1

Dec.

23.

Dec.

8

1

1

1

Dec. 24

Dec.

Dec.

i

1

..V.TT.WJt.

9

Dec.

11

Dec.

1

4.—-

-—i*

12...

—

\

•

ances as

countries-;-"-

Dec.

26..

1

1

1

Dec.

27.

1

1

1

1

1

1

Dec.

28..

1

1

1

29..

1

1

13...

1

1

1

Dec.

14...

1

1

1

Dec. ,30..

1

1

1

Dec.

Dec.

16

Call Loans
Dec.

Saturday

31..

Secured by
30 Days
60 Days
90 Days
120 Days
150 Days
180 Days
Accept'ces Bid dk Ask Bid & Ask Bid & Ask Bid & Ask Bid & Ask Bid & As.

1

Sunday

Xa7it

security collateral remained at the
figures of 134% for 90-day loans and 1 3^% for loans
180 days.
In view of the continued lull-in security
activities, little incentive for seeking new loans
and transactions concerned, in the main, the re¬
on

newal of older accommodations.

Xa7\t
Xa7u

mmmmm

5

6

mmmmm

7

mmmmm'

Xaht
Xaht
Xaht

Xa7it

Xaht
Xah*

8

Xa71<
Xa7 it
Xa7 is

Xaht

Xa7 it

10

Xaht
Ho7»
Xa7i«
Xa7it
Xa7\t

mm* mm

mmrnmm

mmmmm

mm mm m

mmmmm

Xa7it

1...

Dec.
Dec.

3

Dec.

4...

Dec.

5—

Dec.

6

Dec.

7...

IX

2

Dec.

IX

1H

6 Months

IX

IX

IX
IX

8

IX
IX

IX

<

9it(iX

h tax

Xaht
Xaht '

Xa7it

Xaht

h tax

Xa'it

Xaht

IX

IX

IX

9...

Dec. 12—

®i taX

Xa9it
Xa9it
Xa9it
Xaht
Xaht

Xaht
Xaht
Xaht
Xaht
Xaht

IX

Dec. 14

IX

Dec. 15—

IX

IX

IX

IX

IX

IX

IX

IX

29—

Dec. 21—

Dec. 22

IX

IX

IX

RETURNS OF

IX

IX

IX

IX

IX

IX

IX

IX

position

IX

IX
IX
IX
IX

.

Dec. 25...

Dec. 29...

IX

IX

IX

IX

JX

IX

IX

IX

IX

IX

IX

IX

IX

IX

Dec. 30

of

dealers showed

Xa7 it
Saturday
Sunday

htaX

Xa9it

Xaht

Xaht

.

Xaht
Xaht

RESERVE BANKS-

LOANS IN NEW

brought

were

YORK

bear

to

the continued

CITY

on

the

banking
gold,

influx of

operations of the United States Treasury, the

temporary fall in member bank reserves, a reduc¬
Federal Reserve Bank holdings of Government

from

commercial

paper

total of $214,400,000 of open market com¬
outstanding on Nov. 30, compared with
$205,300,000 Oct. 31 and $206,000,000 at the end of Novem¬
ber, 1938.
a

paper

RATES FOR MONEY AT NEW YORK

16 Dec.

the policy

market,

the

Treasury bonds up $72,750,000, Treasury notes down $100,000,000, and Treasury bills off $35,425,000.
The Reserve
banks
their

only

able

were

in

retirement
a

the

from

week ended

the

Treasury

Nov.

bill

29 to complete

market.

With

few interruptions since last June, the Reserve banks

had been permitting

their Treasury bills to mature without
replacement, and when their last $35,425,000 of these obli¬
gations ran off in the last week of November it marked
the

first

had

not

time in

had

a

just nine years that the Reserve banks

Treasury

bill

in

their portfolio.

It

was

in

December, 1929, that the Treasury first began to issue
discount bills and always, up to December, 1939, the regional
banks

Dec.

investments

had

had

some

quantity

of Treasury bills in their

investments.

Week Ended—
Dec. 9

rise in the Government bond

a

reporting member banks.

of the Federal Reserve banks in the
Government securities portfolio of the
regional banks showed a net decrease of $62,675,000, with

change in the prevailing range of ^ to 1 % for average grade
prime 4 to 6-month paper occurred, it was noted that the
major part of sales was transacted at the lower rate.
Under
date of Dec. 15, the Federal Reserve Bank of New York
received

the

open

Commercial paper continued in scant supply, in the face
of active demand on the part of bank investors.
While no

returns

Xa9 le

December

in

was a

As for

Sun day

that

h taX

influences

securities and

Satur day

Dec. 31

announced

Xa9it
Xaht

Xaht

tion in the

IX

IX
IX
IX

•I taX

policy of the Federal Reserve banks, and the
holiday demand for currency.
The net effect of these fac¬
tors

IX
IX

IX

IX
IX
IX

h taX

Xa7it

open market

Holi day

Dec. 28

main

the financing

Satur day
Sun day

Dec. 27...

h taX

9uaX

Xa7it

THE FEDERAL

BROKERS'

IX

IX

IX

IX

Dec. 23

Dec. 26

9i taX

Xa7it
Xaht

Xa7it

m

IX

IX

IX

Dec. 24

mercial

mmmm

The

IX
IX
IX

IX
IX
IX
ix

Dec. 20...

8i taX

Xaht
Xa7 le

31

Sun day

Dec. 17—
Dec. 19___

Xa7n

Xa7it
Xa11«

mmmmm

Satur day

IX

Xa9u

IX

Dec. 16
Dec. 18—

Xa7 is
Xa7ui
Xah,
Xa7 it
Xaht

Xaht
Xaht
Xa7it

Hfl'u

mmmmm

IX

IX
IX

IX
IX

#i6 aX

IX

IX

•i tax

Saturday
Sunday
Holiday

26

IX

IX
IX

IX
IX
IX
IX

mmmmm

Xaht

30

IX

IX

IX
IX

Dec. 13—

mmmmm

'

28—

Sun day

Dec. 11—

mmmmm

27

IX

IX

IX

Dec. 10...

mmmmm

Xaht
Xa7it
Xa7 it
Xa7it
Xaht

24—
25

IX
IX
IX
IX

IX

'

IX

Satur day

Dec.

19—

20
22

Sun day

IX
IX
IX
IX

Xaht

Xa7it
Xa7 it
Xa7it
Xaiit

23—

IX

IX
IX
IX
IX
IX

1M
IX
IX

Xaht
Xa'it

Xaht

Xaht

Saturday
Sunday
mmmmm

21

IX

Satur day

Xaht
Xa9it

Xaht
Xa9it

Xaht
Xa7it

Xa7 it

17
18
5 Months

4 Months

90 Days

Xa9 x«

Sunday

11—
12

16—

60 Days

Xaht
%a9it
Xaht
Xaht
Xa9it

Saturday

15

Rates on Mixed Collateral

Xa9 it

htaX
9itaX
htaX
h tax
»i tax

Xa7u
Xa7 is

9

13

OF TIME LOAN RATES

Xa9it

Sunday

14

DAILY RECORD

30 Days

HtaX

Saturday

4

Time loan rates

Xa7it

Xa7it

2
3

Saturday

—

Dec.

—:

——

ACCEPTANCES

1

.

15...

running
trading
existed,

:■ ■——

PRIME BANKERS'

1

Dec.

nominal

follows:

"Trading activity in the bill market during December
continued to be of small proportions.
Bankers' bills were
outstanding at the end of November in slightly large amount
than a month ealier, reflecting further increases in the volume
of import bills and domestic warehouse credit bills.
The
increase of $18,000,000 during October' and November
raised the volume of import bills outstanding to the highest
level since February, 1938.
A decrease of $50,000,000 from
November, 1938 in the total volume of outstanding bills has
been due chiefly to reductions in exportJbills and in those
based on goods stored in or shipped between foreign

Sunday
Holiday

1

Dec.

Dec.

•

Nov. 30, 1938.
Import bills increased further from $84,840,000 Oct. 31 to $95,649,000 Nov. 30, domestic warehouse
credits from $35,400,000 to $39,641,000, while export bills
decreased from $40,219,000 to $37,373,000, dollar exchange
from $17,734,000 to $15,541,000, and bills based on goods
stored in or shipped between foreign countries from $31,950,000 to $23,736,000.
Bills held by accepting banks
totaled $171,672,000, namely, $103,101,000 own bills and
$68,571,000 bills of others.
Rates for bankers' acceptances
remained at J^% bid and 7-16% asked for 30-day, 60-day
and 90-day bills, at 9-16% bid and 3^% asked for 120-day
bills, and at %% bid and 9-16% asked for bills running 150
and 180 days.
The New York Federal Reserve Bank in its
"Monthly Review" discussed conditions in bankers' accept¬

Saturday

.

__

Dec. 25..

Saturday
Sunday

1

1

10—

Dec.

Sunday

Trading in bankers' acceptances continued quiet as avail¬
supplies remained far short of the demand.
Total
outstanding acceptances, according to the monthly survey
of the accpetance Analysis unit of the Federal Reserve Bank
of New York, published Dec. 14, were $222,599,000 Nov. 30,
compared with $221,116,000 Oct. 31 and $273,327,000

able bill

23 Dec.

30

The

Treasury bond holdings of the Reserve banks in¬
$72,750,000 in the four weeks from Nov. 29 to
27, but this increase should not be taken to mean

creased
Call loans on Stock Exchange:

Dec.
1@1

1@1

1@1

1©1

1

1

1

1

IX
IX
IX

Range for week (mixed & Indus, collateral)
Week's aver, (mixed & Indus, collateral)

IX

IX

Time loans (mixed & Indus, collateral):

Thirty days
Sixty days
Ninety days—

-

—

Four months

—
«
..

IX
IX

Five months

IX

Six months

Dur¬

IX

IX

IX
IX
IX

IX
IX
IX

IX

of their holdings of Treasury notes

IX

IX

IX

the

rising too fast.

They acquired bonds only through exchange
due March 15, 1940, for

214% bonds offered by the Treasury on Dec. 11.
maturity distribution schedule of the Reserve banks'
holdings of Government securities indicated that they had
new

The

Prime 4 to 6 months




bonds in the open market.

ing most of the month the Reserve banks were selling small
amounts of their bonds in an effort to keep prices from

IX
IX
IX
IX

Commercial paper:
Double and single names:
Good 4 to 6 months

that they were acquiring

...

X@1
X@l

X@l
x@l

X@l
X@l

X@1
X@l

$161,705,000 of the March notes.

As their note holdings

Jan., 1940]
declined

MONTHLY REVIEW

$100,000,000

March

their

in

net

peared that the Reserve

the

banks

four-week

period, it ap¬
$100,000,000 of

exchanged

for

notes

the new bonds and $61,705,000 for
by the Treasury on Dec. 11.
As for the influx of gold, the
banking statistics showed

the

notes offered

new

that

the

gold

stock

increased

$273,000,000 in the
weeks ended Dec. 27 to a new high at
$17,620,000,000.
fact that the Treasury deposited
only $207,673,000

four

The
more

gold certificates with the Reserve banks when it was acquir¬
ing this $273,000,000 of gold was largely responsible for the
$5S,000,000 expansion in Treasury cash.
The holiday demand for
currency caused circulation to
rise

to

a

record

new

high,

exceeding

even

that

of

the

banking holiday in March, 1933, on Dec. 20 at $7,679,000,000.
For the four weeks to Dec. 27 the net rise in
currency was
$201,000,000.
These withdrawals of currency from
the
banks were mainly responsible for the

$126,631,000 decrease

in

member

banks
On

bank

declined

Dec.

13

Excess

reserves.

$90,000,000 net to

excess

reserves

total

a

were

of

reserves

of

reduced

all member

$5,050,000,000.
to the $2,850,-

000,000 level.

Reflecting primarily the tax collections on
Dec. 15 and the sale of $521,346,850 of new
2% bonds for
cash during the month, the
Treasury's deposit balance in
the Reserve banks increased
$205,065,000 in the four weeks
to a total of $646,014,000.
Federal Reserve credit in use
declined

$37,000,000, while non-member deposits and other

Federal

Reserve

counted

for member

total

of

accounts

declined

banks

$8,051,000.

$84,000,000.

increased

Reflecting

Bills

dis¬

only $25,000 net to

a

the

Treasury's reimburse¬
in purchasing silver,
Treasury 'currency increased $16,000,000.
ment

of

itself

for

sums

expended

After-- rising-tcr a

new record 'Tiigli' of $9,228,000,000 on
loans and investments of the reporting New York
City banks tapered off in the last two weeks of the month

Dec. 13,

and

amounted

decline

in

panded
of

to

the

$8,840,000,000

Dec. 27, representing a
$158,000,000.
Loans ex¬
because, as hereinafter noted,
on

four-week period of

$37,000,000, largely

the demand for

security loans.
Loans to commerce, in¬
dustry and agriculture decreased $15,000,000 to a total of
$1,689,000,000.
On the investment side, the reporting New
York City banks showed decreases of
$200,000,000 in Treas¬
ury bills, $124,000,000 in Treasury notes, and
$34,000,000
in

other

ury

securities, and increases of $146,000,000 in Treas¬
bonds and $17,000,000 in Government-guaranteed issues.

The

decline in Treasury notes resulted
largely from the
exchange of March notes for new 2%% bonds, while the
rise in Treasury bonds reflected
subscriptions to the 2%

bonds offered for casb and

change

for the

March

the

notes.

2%% bonds offered
Demand

of the

in

ex¬

deposits—adjusted

reporting New York banks decreased $138,000,000.
Loans and investments of the
weekly

101

cities, in the four weeks from Nov. 22

$373,000,000 to

a

total of

to

Dec. 20,

$23,465,000,000,

in¬

with loans

rising

$315,000,000 and investments up $58,000,000.
Loans
to commerce, industry and
agriculture increased $18,000,000,
and open market paper was
up $7,000,000.
Loans to brokers
and dealers in securities were
up $232,000,000 to a total
of $852,000,000.
The weekly reporting banks showed
de¬
creases of $78,000,000 in
ury

Treasury bills, $56,000,000 in Treas¬
notes, and $1,000,000 in Government-guaranteed securi¬

ties,

and increases of $170,000,000 in
Treasury bonds and
$23,000,000 in other securities.
Demand deposits—adjusted
increased $5,000,000, and domestic bank and
foreign bank
deposits increased $48,000,000 and $35,000,000,
respectively.
Reporting New York City bank loans to brokers and deal¬
ers

in

securities—the

$32,000,000 net to

a

so-called

brokers'

loans-r-increased

total of

$551,000,000 in the four weeks
Reflecting almost entirely Government security

to Dec. 27.

dealer operations in the
market, these loans increased to a
total of $666,000,000 on Dec.
20, but then declined $115,000,000 in the last week of the month as dealers
made

delivery of the

new

Treasury securities

and

repaid a good
part of their newly incurred indebtedness.
Street loans, as
compiled by the New York Stock Exchange, increased

$20,417,225 during December to $594,288,938 from
$573,871,683.
Dec.
31, 1938, these loans outstanding aggregated
$717,084,329.

On

COURSE OF STERLING EXCHANGE
DURING

DECEMBER

During December sterling was unchanged in all essential
respects from the tone of the market in October and
Novem¬
ber.
The market was extremely
quiet in New York, but
in

the

half

second

foreign currencies
The

steadiness

conclusion

of

a

of

the month

sterling and the leading
relatively firm.

were

and

closer

firmer

undertone

Anglo-French

resulted

from

the

fiscal

accord, which
on Dec. 12.
Closer joint economic action
between the two countries was formulated
toward the end
of November, but until Dec. 12 such
cooperation seemed to
be directed entirely toward the
purchase of materials. The
accord concluded on Dec. 12
applies particularly to foreign
exchange and fiscal transactions, and is to remain effective
until six months after the termination of
the war.
The new agreement fixed the London check
rate on Paris
became effective

I

at 176.50

francs

to the pound.
This change was more
real, as that was the average rate of ex¬
change prevailing between London and Paris
during the
preceding months.
apparent

The

than

Bank

rates for the

of

England

throughout December fixed the
leading foreign currencies as follows, all un¬




changed

from November:
New York cables $4.02-$4.04,
Paris checks 176-177, Amsterdam
7.52-7.58, Canada 4.43-47.
Berlin
was
not
quoted.
Italian lire were unofficially
quoted on different occasions at 76.50-77.50.
London

change

maintained

market

for

the official

one-month

rates

in

delivery

the forward

follows.

as

ex¬

New

York %% premium to
par as compared with the spot rate,
Paris parity with the spot rate for both
buyers-and sellers,
Amsterdam 1% Dutch cents premium to

parity,

to

par
to

4

centimes

discount,

Brussels

centimes

Zurich -3

premium

par.

•

In the New York free
market,
counts prevailed with

however, much wider dis¬

respect to sterling.

of

the

month

New

York

quoted

In the first half

90-day

forward

transac¬

tions in the pound
frequently at discounts

of from 6%c. to
7%c. below the spot rate, the widest discounts for sterling
on

record.

favor

of

basic
the

As the month

London

cable
in

war

business

to

for

rate

90

the

the

rate

narrowed

in

5% 'to 5 3/16 points under the

days.

September it

in

advanced

from

As since the beginning of
almost impossible to transact
market.

was

forward

The range for sterling in the New York free market was
from $3.88% to $3.91% during the week ended Dec. 9 for
bankers' sight, and between $3.89% and

$3.92% for cable
The cable rate had been as low as
$3.89 on
During the week ended Dec. 16 the range was
from $3.89% to $3.95% for bankers'
sight, and from $3.90%
to $3.95% for cable transfers.
In the second half of the
transfers.

Dec.

1.

month the range was between $3.93% and
$3.96 for bankers'sight, and~"betWeen~$3.93% and $3,M%_lor-cable--tgarnsfers.
'"""THfoughour the" month it was evident that the flow of
money was directed toward New York.

the

United States

The gold stocks of

Treasury increased during the month by

about

$285,000,000 to a new high record of approximately
$17^640,000,000.
The total increase during 1939 was ap¬
proximately $3,130,000,000.
Nothing could better illustrate
the

world-wide

increase

in

demoralization

the

United

of

States

foreign

gold

trade

stocks.

than

The

this

United

States
the
ness

and

export balances played an extremely small part in
accumulation, which resulted entirely from the eager¬
of foreign interests to establish dollar
balances here
to escape the dangers of

Most of the

war.

leading countries increased their gold under

earmark with the Federal Reserve Bank of New
York.
amount of gold so held, which reached a

The

peak of $1,300,000,000 last July and declined to about $960,000,000 at the
end of November, rose during December to
approximately

$1,165,000,000.
Aside from

reporting banks in

creased

113

the desire of foreign financial authorities
to
gold and acquire balances here, the
gold-producing
countries shipped in order to take
advantage of the Amer¬
ican price and market for the metal.
Not less than 20 dif¬
earmark

ferent

countries were shippers of gold.
Among the pro¬
ducing countries the Union of South Africa, Australia, NewZealand and Canada were
outstanding, while the leading
banks

central

were

represented

Canada, The Netherlands,
Norway.
The

invasion

added

to

merce

and

the

of

by the United Kingdom,
Switzerland, Sweden, Italy and

Finland

by

Soviet Russia

on

Nov.

general demoralization of international

so

to

the

30

com¬

complications in the foreign exchange

situation.
The

outstanding event in the foreign exchange market
undoubtedly the Anglo-French fiscal agreement of

was

Dec.

12.
Under the terms of the agreement the two
coun¬
tries stabilized their currencies at the rate of
176.50 francs
to the pound until six months after the
signing of a peace
treaty.
The currencies of each ally are to be freely ex¬

changed for financing purposes within the sterling area and
the French empire, thereby
eliminating transfers of gold
between France and England and
conserving their gold
resources
for
outside
purchases.
The sterling held by
France

will

thus

be

available

for

expenditure throughout
Great Britain will be

the sterling area and francs held by

accepted throughout the French empire.
It was agreed that neither
country is

to obtain bredit
abroad without the consent of the
other, and neither coun¬

try is to impose new restrictions
whether for
erations.

allies

tively,
It

are

Expenditures

on

on

or

imports from the other,
from exchange consid¬

behalf of

actual
to be allotted to Great Britain and

on a

was

protective purposes

60-40 basis.

generally

or

prospective

France,

respec¬

>

believed in

financial quarters

that

the

agreement
unit

practically makes Great Britain and France a
absolutely independent" of the financial and exchange

problems of the rest of the world.
Nevertheless

a

large body of opinion considered that the

currencies of both countries

greater weakness, and it
later there will be

are

was

headed in the direction of

thought likely that

sooner or

further devaluation of the units.
Since
the beginning of the war the
pound has depreciated by
approximately 20%, a decline reflected in the fixing of the
Bank of England's gold price toward the end of
a

August

at 168s. per ounce.

Despite the accepted opinion that both currencies are
now independent of financial
policies in other countries, a
considerable number hold the view that Great Britain will
be compelled to make changes in its commercial
arrange¬

ments

which may affect

the value of the pound variously

MONTHLY KEVIEW
Eminent London financial observers

in different countries.

that tbe exchange con¬

observers went so far as to advocate

trol,

in

interest of British foreign trade expansion,
the value of the pound according to local

the

should

vary

desired

countries with

several

which it is

For some countries the use

business.

do

to

the

in

requirements

of

a

advocated, while for others a
cheap pound was endorsed, concurrent,with the maintenance
of a high level of prices in other markets, particularly the
complete barter policy was

pound to command universal confidence
was reflected in official action taken in several countries.
It should be noted that a few months earlier the Japanese
The failure of the

affixed to the pound

which had for a long time been

yen,

became linked to the United
indication of the lack of con¬

the rate of Is. 2d. per yen,

at

A

dollar.

States

further

in the action of the National

fidence in the pound was seen

Assembly of Portugal (a country for a great many years
closely linked financially with Great Britain) on Dec. 8,

releasing the escudo from
and thus basing the future value
Portuguese unit on the United States dollar.

approving
value

the

of the

Lack

a

decree of its Premier
the pound,

of

faith

of

the pound

the future of

in

was

likewise

demand for silver on the part
of India.
Immediately after the outbreak of the present
war a
virtual embargo on the shipment of silver to India
was
put into effect by the British Government.
In ad¬
dition to prohibiting the importation of silver into the
United Kingdom, the British Government refused to per¬
shown

the exorbitant

by

months, firmed to as high as $0.5325 on Dec. 18.

two

gain was

incom¬

internal bond issue of 300,000,000 guilders had been

pletely subscribed by the public, but toward the end of the
month Dutch exchange again firmed to $0.5320%.
The
rate for Belgian exchange showed a net improvement of 19
points for the month, closing at $0.1670, while the Swiss
within relatively narrow limits.

franc continued to move

"Trading in the non-European exchanges was featured by

States.

United

around $0.5309 for about
This
subsequently canceled, following reports that an

der, which had been maintained

the Mexican peso, which began
suspension by the Bank of Mexico
of its supporting operations.
The peso, which since the lat¬
ter part of September had held near $0.2050, was quoted
at about $0.1695 near the end of December, indicating a
depreciation of 17% since Dec. 9. The Mexican authorities,
abrupt depreciation of

an

Dec. 11, following the

on

who

15 declared the existence of

Dec.

on

"condition of

a

emergency" in foreign exchange, have attributed the present
situation to the deterioration of Mexican export trade.
The
Cuban peso,

the other hand, improved somewhat during

on

trade

month, particularly following the signature of a

the

of the preferential
duty on Cuban sugar imported to this country.
The dis¬
count on Cuban exchange closed the month at about 11%%,
as against 12%% at the end of November.
The Canadian
agreement providing for the restoration

dollar

showed

also

stronger tendency,

a

United

against the
to 11%%.

States

dollar

and its discount

13%%

narrowed from

have

"Some demand for silver in this market appeared to

the latter part of December, and the New
into dollars for the purchase of silver.
Toward the end of "York market price for toreign silver rose to as high as
37c. on Dec. 20, or considerably above the United States
December the British and Tndian Governments were com¬
Treasury Department's buying price of 35c. an ounce, for
pelled to release restrictions on silver purchases somewhat.
the first time since the British and Indian authorities sub¬
As a result, arrangements were made in New York for
of -~th^

mit-conversion

sterling,

of around 1,500,000 ounces of silver through

the purchase

British

rupee,--whieh- -was-tied to

seem

in the back country, far

that the natives

Bombay and Calcutta, were refusing to accept rupee

from

sales, thus displaying doubt not only con¬

for their

notes

cerning the Indian paper, but also as to the paper pound.
It should be recalled that a similar situation arose in India
the World

War.
The London money market

during

all times extremely com¬
Call money against bills was
available at from %% to 1%.
Bill rates ruled as follows:
two months' bills, 1 5/16%;
three months' bills, 1 %%;
four months' bills, 1%%, and six months' bills, 1 9/16%.
The Bank of England's note circulation for the
week
fortable

Dec.

ended
This

was at

during December.

made

27

reached
total

a

all-time

an

increase

of £554,616,000.
circulation during three

in

weeks in December of £20,740,000.
to have

seem

in

note

the

little to do with the vast increase
circulation, which was due for the most part to

any

which

Christmas requirements

had very

absorption

meet

high

of

notes

large

the

by

banks in

order

to

possible year-end squeeze in the money market,
designedly made easy throughout December in

was

preparation for the launching of a heavy war loan expected
soon

after the turn of the year.

Canadian
the

exchange continued at

United

States

dollar

a

discount in terms of
December, as the

throughout

in

of

importation

jected
toward

banks.

It would

developed

end

the

metal

the

October.

of

The

to

a

licensing

Indian

control

Government

is

reported to have relaxed its restrictions somewhat in order
to ease the recent speculative rise in the Bombay price,
accompanied increased hoarding demand."
gold movement at the Port of New York

which

Details of the

during December were outlined as follows in the "Monthly
Review" of the Federal Reserve Bank of New York for
1:

Jan.

"Imports of gold into the United States during December
were
considerably larger than in November and, in fact,
appear to

have been in the largest volume since last

April.

However, the amount of gold held under earmark for for¬

account at the Federal Reserve Bank of New York
$205,000,000 during the past month follow¬

eign

increased about

ing

reduction of approximately $340,000,000 in the preced¬

a

The amount of gold held under earmark,
from the peak of $1,300,000,000 reached last

ing four months.
after declining

November, rose
During Decem¬
gold stock of the United States increased about
$285,000,000, reaching a new high of approximately $17,640,000,000.
For the year 1939 the gold stock rose about
$3,130,000,000 as compared with a gain of $1,750,000,000
July to about $960,000,000 at the end of
during December to about $1,165,000,000.
the

ber

in

1938.

reported by the Department of Commerce, gold im¬

"As

the rates
Hence in the New York market

ports into the United States during the three weeks ended
Dec. 20 totaled $361,000,000, of which $286,000,000 came to

Montreal funds in December ranged between a discount of

country
from
Canada, $21,400,000
from Holland,
$9,400,000 from
Sweden, $7,200,000 from England, $6,300,000 from South Africa, $5,900,000 from Japan, $5,600,000
from Italy, $4,000,000 from Norway, $3,400,000 from Switz¬
erland, $2,900,000 from India, $2,100,000 from Colombia,
and $900,000 from Hongkong."

Canadian

unit

close

in

moved

officially fixed in London.

13%% and
In

a

sympathy

with

discount of 11 3/16%.

commenting

the foreign exchange situation during

on

December the Federal

Reserve Bank

New York said in

of

its "Monthly Review" for Jan. 1:
"In

a

foreign

quiet market, New York rates for several leading

exchanges

registered

advance

some

during

this

De¬

CONTINENTAL AND

OTHER FOREIGN EXCHANGE

cember.

as

"The rate for the pound sterling, which had declined to
low as $3.87% on Nov. 30, accompanying the outbreak of
Soviet-Finnish hostilities, moved irregularly higher during

months,

the first half of the past month to reach

lished

$3.95% on Dec. 14.
Subsequently it held relatively steady, closing the month
at $3.95%.
The discount on three month deliveries nar¬
rowed

slightly

during

the

month.

Far

Eastern

and

especially European holders continued to liquidate their
sterling balances, but these offerings
apparently were
readily taken up by American importers and others owing
debts expressed in terms of British exchange.
Meanwhile
the English authorities are reported to have under contem¬
plation plans to tighten exchange restrictions for the pur¬
pose of preventing unauthorized transfers of sterling assets
from British to non-resident accounts, and thereby reducing
amount of sterling available for sale by non-residents

The

French franc

during December, as in the past two

steady in terms of the pound sterling,
owing to the fixed rate of 176-177 francs to the pound estab¬
In

continued

between London and
of the

terms

ment with

dollar

Paris.

the franc moved

in

close

align¬

sterling, ranging between a low of 2.19% and a

/high of 2.24%.
On

12

Dec.

Finance

Minister

Reynaud

informed

the

flow to France had
then practically ceased, stating that since the outbreak of
the war
10,000,000,000 francs in gold devisen had been
converted into francs and repatriated.
Thus, despite heavy
expenditures abroad, the resources of the exchange fund
at the end of November were as large as on July 31.
The
gold movement had been accompanied by the return of
Chamber

of

Deputies

the

securities

in outside 'free' markets.

that the1 gold

valued

24,000,000,000 francs.

"According
French

to

an

between

agreement

Governments, announced

on

be linked to the pound at the rate of

after the
New York

signing of

a

continued to

peace

treaty.

move

the

British

and

Dec. 12, the franc will

176% until six months
The French franc in

about parallel

to the pound

rate throughout the month, quotations

advancing from the
Nov. 30 low of $0.0220 to a high of $0.0224% on Dec.
18, and ending the month at $0.0223% for a net gain
of 3% points.
In the forward market, discounts on threemonth francs, which were nominally quoted at the equiva¬
lent of about 16%% per annum at the end of November,

9%% in the latter part of December.
"Among the neutral European currencies, the Dutch guil¬

narrowed to about




unconverted

and

foreign

currencies

at

During the 10 months immediately
preceding the war 26,000,000,000 francs of gold devisen
were repatriated, bringing the total repatriation during the
13-month period precedings M. Reynaud's statement to 60,000,000,000 francs. On Dec. 24 the Finance Minister, assert¬
ing that the French financial situation continued satis¬
factory, pointed out that capital was still being repatriated
and that the total return since the beginning of the war
had

reached

34,000,000,000 francs, of which about 10,000,-

000,000 francs had been converted into gold.
The
sion

French

on

Parliament adjourned

Dec. 31

its extraordinary

after adopting the year-end

ses¬

civil and mili¬

budgets totaling about 329,000,000,000 francs (about
$7,000,000,000) for 1940. The original budgets for 1939 were
tary

Jan., 1940]

MONTHLY REVIEW

93,000,000,000 francs.
The new budget provides 249,111,000,000 francs (nearly $5,500,000,000) for war purposes, all
to be obtained by public subscription.
The strictly civil
budget provided for 80,000,000,000 francs.
The Parliament
was to convene in regular session early in January.
The
Finance Minister
told the
Chamber
of Deputies
toward the end of December that he would avoid the perils
of both inflation and deflation.

To avoid inflation through

direct price rises M. Reynaud declared it his

policy to rely

direct control of the flow of commodities and

on

tion

of

and

diversion

their consumption.
of

He will

savings

into

also rely

with

sterling exchange, to which they are allied either
legally or through exchange controls.
The Japanese yen,

which

had since Oct. 24 been linked to the
dollar, was
steady throughout the month.
The London price for silver
was 23%d. on Dec. 1 and
22%d. on Dec. 29. The Hongkong
dollar was 24.20@24.50 on Dec.
1, and 24.62@24.75 on
Dec. 30.
The Shanghai dollar was 7.59@7.75 on Dec.
1,
and 7.64@7.75 on Dec. 30.
Yen checks were 23.44@23.47
,

gggggggOOGOGOOOOGOCGOGGGGOGGOGC

taxation

on

§§§S§S8SS§gg8g§§§gg§Sggpg§ggggg

to war loans.
To avoid deflation he asserted that it is his intention that
State

the

its

be

will

would

have

to

GOWtGtOtOtOtOtOtOtOtObOh-M H
1

Bank

21

of

the

into

pay

France

showed

total

Bank

gold

for

for

statement

circulation

Brussels

the

and

16.76@16.79%.

at

German

authorities

New York

or

there

a

was

statement

in

of

compelled
unit.

the

in

quoted

I

I

I

I

I

I

I

I

I

I

I

CO Itfc W CA3

X

XX

XXX

XX

Si

§3 §3 §3 §3 So §3

§3§3§0§0§3§0

CO CO CO CO CO CD

© © © © CO ©

^ CO Cn OJ to W

h-1-. >-1 (-1

00 OS 00 00

03 03 03 03 03 03

XXX

XX
GO 03

§3 §5

GO GO

CO CO CO CO CO CO
cn
Co CO

03 03 03 03 03 03

« 03 03 03 03 03

££888

888888

828828

XXXXX

XXXXXX

03 03 03 03 03

030303030303

rs

ce

xxxxxx

03 03 03 03 03

fi

&

03 03

MMWMOH

xxxxxx

3

X

Q0\ O0\ 00N

Q0\ 00 \

00 00 03 03 03 03

CO CO CO CO CO CO

03 03

00 00
© ©

©©©00 00 00
OOMffl®©

xxxx

GsSoSo 03 §3§3

§5 §3

©

xxxxxx

03 03 03 03 03 03
CO CO CO CO CO CO
OJ to 03 to to H.

XXXXX

©

XXX

XXX

on

I

coco

©©©©00©

X

xxxxx

CO CO CO CO CO
C& Oi Oi CnCn

I

CO CO CO CO CO CO
00 00 ©00 00 00

030303030303

Ofi&OD
OO 03 03 CO 03

©tCnOtCnCnCt

X

X

CO CO CP CO CO CO

03 03 03 03 03 03

03 03

££

XXXXX

XXXXXX

.03 03 03 03 03 03

X

03 03 03 03 03 03

03 03

m!K£&£&bjrr>®'®ffik®®_©»©b6bo06|„boboa>bobo6o__C»bo
to w
Cm 03 toto

How¬

2

t- t-» M h- 10 ©

eg

OO

© © ©-© 00

OQ

0!XJ> © ©

OS ©

§ XXX O^XXXX xgxxxxxxgxxxxxxgxx
0

M W

MWMQ

D

03 GO

GoSoSo 03 0

030303030303

03

§3 03 03 §3 §3 0 §3 GO GO GO £> §0 0 §3 §3

030303030303

03 03 03 03 03 03

00 03

00 00 00 00 00 00
<l©-J©Cn©

XXX

X

XXXXXX

XXXXX

xxxxxx

XX

§3 §3 GO §3

& GoSoSoSoSo

§3 §3 §3 8 §3 §3

&§>

©h- © ©©
S 00 © © 00 00

00 00 00 00 00 00
00 —3 00 00 © —3

00 00

hmmmhh

XXXXX

xxxxxx

XXXX

XXXXXX

XX

0303030303

OS 03 03 03 03 03

CD CD CD CD CD
COtOtO Ml to

©©©©©©
to to to to to to

nannn
03 03 03 03 03

Reichsbank

00 03

CD CO CO CO CO CO

the rentenbank notes

as

I

io 5o

XXXX

§5

XXX

23

forming part of the currency, such

I

COCOCOCOCO0O

4k

X

03 03 00 03 03

The

I

either in

December

quotation of 40.20.

Dec.

»

CO CO CO CO CO CO

reported a circulation of 10,999,871,000 marks, the highest since the reorganization of the
German banking system in 1924.
The report on circulation
gave no indication of the many other forms of fiat notes
as

I

X

O0 OS OO 03 O0

London, although frequently in New York

nominal

I

CO CO CO CO CO C0
Cn tf* CJi
rf*

—

not

were

I

xxxx

ended

week

the

were

t-

marks

I

co co co co

In New York belga cable
Dec. 1 at 16.49%@16.52%, and on Dec. 30

on

I

COCO CO 03 03 03

sympathy with sterling.

transfers sold

I

of

occasions to intervene to maintain

in

ness

«

e o a a »
CO 00 03 CO So

toward the end of the month the unit showed firm¬

ever,

»

xxxx

Belgian currency was more or less under pressure during
several

I

tfk

to

He explained that thus there

149,416,000,000 francs,
the largest in the Bank's history.
Gold holdings of the
Bank increased 310,258 francs during December to 97,266,717,845 francs, and the ratio of gold to circulation and
deposit liabilities was 59.02%, compared with 62.01% a
year earlier.
The ratio of 65.36% reported on Aug. 24 was
the highest of the year.
In the New York free market
Paris cable transfers sold on Dec. 1 at 2.19% @2.22, and on
Dec. 30 at 2.24% @2.24%. .
December

1

CO CO CO CO ©

State francs which otherwise

foreign purchases.

M M M H M

t-,©©00-3©CnrfMWt0h-O©00-4©Cni^C0t3H'©©C0«4©enitkG3t0M
1
1

1

no contraction of the currency or of credit such as
normally follow such gold expenditures.

The

Dec.

would

subscription

M 00 CO 03 M

the Bank of France lend the

cover

Dec. 1, and 23.45@23.47 on Dec. 30.

on

restric¬

on

115

XXX

XXX

•r-NQONQON.

and the various classes of notes issued by the army authori¬
Cable transfers on Berlin were nominally quoted in

X

000303030303
©©©©00©
hOhOO©

XX

XXX

to

a>«3

030303030303

0303

00 00 0000 00 00
00 00 00 © —3 ©

00 00

XXX

-3©

XX

XX

ties.

New York at

40.10@40.25.

Dec. 1, and at 40.08%@40.30

Italian

lire

were

blockades.

steady throughohut the month by
Italy seemed to be the only country

affected

All

by

76.50

77.50.

5.04% @5.05%

Cable

transfers

The Portuguese currency, the

Premier

the

its

future

The

market
at

and

released

was

value

of

minor

escudo

the

escudo,

from

based

was

is

currency

Rome

on

sold

at

Exchange
The

Swiss

on

30

to

United

importance
Dec.

on

its link

the

dollar.

New

the

in

was

sterling and

States

nominally

York

quoted

the

on

countries

and

franc

neutral

limited

moved

in

within

during

volume
narrow

the

war

of

during

December.

limits,

while

exchange equalization fund.

However,

both

units and the Scandinavian currencies moved in

tionship to the official
little

were

affected

December

000,000
below

the

guilder
the

fixed

rates

either

their respective borders or
In

the

desired

close rela¬

London

and

hence

by the trade depression within
by the inroads on their shipping.

Netherlands

defense

in

these

loan

Government

which

fell

floated

nearly

300,-

a

one-third

subscription,

indicating the depressed
Holland, Switzerland,
Norway and Sweden were frequent shippers of gold to the
United States during the month, mostly it is believed for

state of business in the Netherlands.

earmark with the Federal Reserve Bank of New York.

State Bank
Dec.

14

force

from

since

2%%

Dec.

53.08%@53.10
Exchange
December

in

war

in

change

advanced

3%.

to

1933.

its

rate

of

Europe.

On

were

the

held

been

in

sold

at

ever

whole,

since

restricted

outbreak of the

South

the
with

steady

the

American

respect

to

29.77@29.78

on

both

ex¬

the

Dec. 1, and at 29.77

@29.78 on Dec. 30.
The unofficial or free market was
23.05@23.12 on Dec. 1, and 22.75@22.80 on Dec. 30.
Bra¬
zilian milreis were quoted at 5.02@5.15 on Dec. 1 and at
5.03%@5.15 on^Dec. 30.
Exchange
turbed

in

on

December

previous months
and the

the

the
as

Far
as

a

Eastern
it

had

result

countries

been

continued

throughout

of war donditions

the
in

dis¬

three

Europe

changed relationship of sterling to the dollar.
For
part the Far Eastern units moved in sympathy

most




Cables

Escudo

Checks

Cables

Checks

2.18% a2.21 % 2.1954a2.22
22.42a22.4354 22.4254a22.44 3.5854a3.66
2.21
a2.2l5i 2.2154 a2.2154 22.42a22.4354 22.42 54a22.44 3.58 54 a3.66

Deo.

SUNDAY

2.2054a2.2l54 2.21

Dec.

2.20

a2.2154 22.42a22.43 54 22.42 54a22.44 3.5854a3.66
2.20 54 a2.2154 22.4154G.43 54 22.42a22.44
3.59
o3.67
2.2054 a2.22 54 2.21
a2.2254 22.41a22.43
22.4154a.43 54 3.59
o3.67
2.21
a2.22
2.2154a2.2254 22.4154 a22.43 22.42a22.43 54 3.59
o3.67

Dec.

Dec.

Dec.

a2.21

2.215£a2.22
2.2154 a2.22 54 22.4154a22.43 22.42a22.44
3.59 54 a3.67
2.21J4a2.2lJ4 2.2l54a2.22
22.4154 a22.43 22.42a22.43 54 3.59a
3.67

Dec.

Dec. 10
Dec. 11

Dec. 14
Dec. 15

Dec. 16

SUNDAY

2.21J4 0.2.23
a2.22J4
2.22
a2.2354
2.2354a2.24 54
2.2254 a2.23
2.23
a2.2354
2.22

2.2l54a2.2354
2.22 54 a2.23 54
2.22 54 a2.23 54
2.23 54a2.2454
2.22 54 a2.23 54
2.23 54 a2.23 54

Dec. 17.

Dec. 18
Dec. 19
Dec. 20.

Dec. 21
Dec. 22.

Dec. 23.

2.23
a2.24
2.23 54a2.2454
2.23
a2.24
2.23 54a2.2454
2.23 54 a2.24 54
2.2354a2.24
2.23 54 a2.23 54 2.23 54 a2.24
2.23 54 a2.23 54 2.23 54 a2.24
2.23 54 a2.23 54 2.23 54 «2.24

Dec. 24.

22.4154 a22.43
22.4154 a.43 54
22.42a22.4354
22.4154 022.43
22.42a22.4354

22.42a22.4354

3.60a
3.67
22.42 54 a22.44 3.60 54a3.68

22.42a22.43 54 3.6l54a3.69

22.4254a22.44 3.61

3.6154a3.70

22.42 54a.43 54 22.43a22.44
3.6154a3.70
22.42a22.4354 22.42 54 a22.44 3.6154 a3.70
22.42a22.44
22.42 54a.4454

3.6154 a3.70

SUNDAY

Dec. 25.

HOLIDAY
2.23

Dec. 27.

22.42 54a.44 54
22.42 54a.4354 22.43a22.44
2.2354a2.2354 2.2354a2.24
2.2354a2.2454 2.2354a2.2454 22.42 54a.43 54 22.43a22.44
2.24
a2.2454 2.2454a2.2454 22.42a22.4354 22.42 54a22.44

Dec. 29.
Dec. 30.

a3.69
3.60 54a3.69

22.43a22.45 54 22.43 54 a22.46 3.61
a3.70
22.42 54 a22.45 22.43a22.4554
3.6154 a3.70
22.42 54 a.44 54 22.43a22.45

Dec. 26.

Dec. 28.

3.59 54a3.67

22.42a22.44

22.42 54 a22.44 22.43a22.45
SUNDAY

2.23

a2.2354 2.23 54a2.24
22.42a22.44
a2.2354 2.23 54a2.2354 22.42a22.44

Dec. 31.

22.42 54a.44 54

3.6l54a3.70
3.6l54a3.70
3.6l54a3.70
3.6l54a3.70
3.6l54a3.70

SUNDAY

Germany

Belgium

Reichsmarh

Beloa

Cables

Checks

1.

40.10

O40.25 16.49

Dec.

2.,

40.12

a40.30 16.51

3_.

Hungary
Pengo

Cables

al6.52 16.49 540.5254
a.5354 16.515ial6.54

Dec.

4..

40.11

a4O.30 16.51

5_.

40.11

a40.30

Dec.

6-.

4 0.10 54 a40.30 16.49

Dec.

al6.54 16.5154a.5454
16.52al6.5354 16.52 54al6.54
016.52 16.4954al6.53
40.1254a40.25 16.4954a.5154 16.50
al6.52

7_.

Dec.

8-.

Dec.

Cfiecks

17.60al8.00

17.60al8.00

SUNDAY

Dec.

Dec. 30.

was

Portugal

Franc

Checks

Dec.

had

on

Switzerland

Franc

Dec.

l§|

OF FOREIGN EXCHANGE

France

Dec.

pound and the United States dollar through the operations
of the exchange controls in the various republics.
Peruvian
exchange proved an exception and was inclined to ease
owing to the country's adverse trade balance.
The Argen¬
tine peso was quoted at

XX

DAILY RATES

on

cable transfers

Dec. 1 and at 53.25@53.30

it has been

XX

03 03

The

rediscount

The lower rate

Guilder

the South American countries

as

rates

1,

on

on

XX

XXX

Checks

Sweden

of

XXXX

Dec. 13

Netherlands currency was frequently supported by the Neth¬
erlands

XXX

Dec. 12

dull

was

00 00

Dec.

Dec. 8 by decree

on

3.61%@3.70c.

1914-18

00 00

©©©©00 00

Dec.

Dec. 1, and at 5.04% @5.05 on Dec. 30.

on

000000000000

!->©!->»-*©©

shipping embargoes and
reports from Rome indicated im¬

official

to

03 03 03 03 03 03

©'©©©0000

the

provement in the stock exchanges and general business in
Italy during the month.
Italian exchange was not quoted
in London, but unofficially the London range for lire was
from

03 0303030303

©©©©to©

XXXXX

held

at Rome.

adversely

03 03 03 03 03 03

tO tO tO OS 03 tO

the control
not

of

03 030303 03
©©COCO©

on

Dec. 30.

on

9..

40.13 54 a40.30 16.4 7 54al6.50 16.48al6.50
54

40.08 54 a40.30 16.48 54al6.50

Dec. 10_,

16.49al6.5054

17.60al8.00
17.60al8.00
17.60al8.00
17.60al8.00
17.60al8.00
17.60al8.00

SUNDAY

Dec. 11..

40.11

Dec. 12-.

Dec. 13-.

No rates

Dec. 14-.

available

a40.25 16.48

al6.49 16.48 54a.4954
40.08 54 a40.30 16.43 54al6.47 16.44
016.48
40.00
a40.30 16.47
al6.52 16.4754al6.53

17.60al8.00
17.60al8.00
17.60al8.00
17.60al8.00
17.60al8.00

40.11

a4025

Dec. 15-.

40.09

a40.25

Dec. 16-.

40.10

040.25 16.55

al6.62 16.5554al6.63

17.60al8.00

40.10

SUNDAY
040.30 16.62
016.65 16.6254al6.66
040.25 16.63
016.66 16.63 54a.6654

17.60al8.00
17.60al8.00

Dec. 17..
Dec. 18_.

Dec. 19..

40.09

16.5lal6.5454 16.5154al6.55
16.52al6.5454 16.52 54al6.55

Deo. 20-.

40.09

Deo. 21..

40.10

Dec. 22_.

40.10

17.60al8.00

Dec. 23..

al6.67 16.65 54a.6754

40.0454a40.30 16.6454al6.67 16.65al6.6754

17.60al8.00

Dec. 24..

Dec. 25..
Dec. 26..

Dec. 27Deo. 28—

Dec. 29Dec. 30..
Dec. 31..

a 40.25 16.64
ol6.66 16.6454al6.67
O40.30 16.64 54al6.66 16.65al6.66
54

040.25 16.65

17.60al8.00
17.60al8.00

SUNDAY

HOLIDAY
40.09 54a40.25 16.64 54a.66 54 16.65a 16.67
40.07a40.30
16.72 54al6.85 I6.73al6.8554
40.07a40.25
I6.69 5*al6.75 16.70a16.7554

I7.60al8.00
17.59al8.00
I7.59al8.00

40.08a40.25
I6.71al6.74
16.7154al6.75
40.08 54a40.30 I6.7554al6.79 I6.76al6.7954

17.60al8.00

SUNDAY

17.59al8.00

MONTHLY EEYIEW

116
i£=

DAILY RATES

OF FOREIGN EXCHANGE

(iConcluded)

Netherlands

Denmark

Poland

Canada

Krone

Zloly

Dollar

Peso

Checks

Checks

Cables

Checks

Cables

Checks

Dec.

Dec.
Deo.

Deo.

al9.32 19.28Hal9.33

Dec.
Dec.
Dec.

6

053.11 19.29Hal9.32 19.30

al9.33

Dec.

Dec.

7

Dec. 15.

Dec. 16.

53.14

053.22 53.15

053.23 19.30

53.15

o53.29 53.16

053.30 19.29Hal9.32 19.30

Dec. 13.
Dec. 14.

Dec. 19.
Dec. 20.

Deo. 21.
Dec. 22.
Dec. 23.

No rates

Dec. 13...

available

Dec.

14

019.33

Dec.

15

019.33 19.30Hal9.34

Dec.

16-

Dec.
Dec.

18

Deo.

19

019.33

Dec. 30.

57.20o57.50
57.08o57.50

29.77a29.78

57.00o57.50

29.77o29.78

57.00a57.50

29.77o29.78

57.00o57.50

29.77a29.78

discount
discount
discount
discount
discount

al2H%
al2H %
al2H%
12Hal2H%
l2Hal2H%

57.00o57.50

29.77a29.78

56.98a58.00

No rates

29.77a29.78

56.98o58.00

available

29.77o29.78

56.98o58.00

29.77a29.78

56.98a 8.00

29.77a29.78

56.98a58.00

29.77o29.78

12HallH% discount
llHallH% discount
12
allH% discount
HHall8x#% discount
llHall7x#% discount
llHall7xe% discount

Dec. 22

Dec. 23

56.98a58.00

29.77a29.78

56.98a58.00

29.77a29.78

56.98a58.00

29.77o29.78

56.98a58.00

29.77a29.78

56.98a58.00

29.77a29.78

56.98o58.00

discount

29.77o29.78

56.98a58.00

discount
discount
discount

29.77o29.78

56.98a58.00

29.77o29.78

56.98a58.00

29.77o29.78

56.98058.00

discount

29.77o29.78

56.98a58.00

Ecuador

Dec. 24

SUNDAY

Deo. 25
Dec. 26

HOLIDAY

Dec. 27
Dec. 28

Dec. 29
Dec. 30

l9.29Hal9.32 I9.30al9.33

57.14o57.50

29.77o29.78

SUNDAY

Dec. 21

Dec.

SUNDAY

Dec. 31.

13
13
13

Dec. 20

SUNDAY

53.24 Ha53.28 53.25a53.30

Dec. 28.

29.77o29.78
29.77a29.78

ol2 H% discount

17

19.30

Dec. 29.

Dec. 27.

....

019.33

019.33

53.08a53.09H 53.08 Ha53.l0 l9.29Hal9.32 I9.30al9.33
53.10Ha53.15 l9.29Hal9.33 19.30O19.33H
53.lOo53.14
53.15Ha53.22 l9.29Hal9.32 I9.30al9.33
53.15a53.21
53.18Ho53.26 l9.29Hal9.32 19.30al9.33
53.18a53.25

Dec. 26.

13

19.30

HOLIDAY

Dec. 25.

11

12

57.22o58.00
57.14a58.00

SUNDAY

19.30

053.19 19.29Hal9.33 19.30al9.33H
53.13Ha53.18 53.14
019.32 19.29Hal9.33
53.08
053.12 53.08Ha53.13 19.29
ol9.32 19.30Hal9.33
53.09o53.10H 53.09Ha53.11 19.30
019.33 19.30Hal9.34
53.09
053.12 53.09Ha53.13 19.30
19.29Hal9.33 19.30al9.33H
53.08053.09 H 53.08Ha53.10

Dec. 24.

9

Dec.

29.77o29.78

29.77o29.78

discount
discount
discount
discount
discount
discount

10

Dec.

19.30Hal9.33
19.30Ha.33H

SUNDAY

Dec. 17.

Deo. 18.

Deo.

Dec.

al9.32
53.08a53.09 H 53.08Ha53.10 19.30
019.33
53.08a53.09 H 63.08Ha53.10 19.30
53.08
O53.10 53.08 Ha. 10 H 19.29Hal9.32
53.08
O53.10 53.08Ha.10H 19.29Hal9.32
53.08053.10H 53.08Ha53.11 19.29Hal9.32

Dec. 12.

8

Deo.

al9.32 19.30Hal9.33
019.32 19.29Hal9.33

SUNDAY

Deo. 10.
Deo. 11.

13Hal2H%
13Hal3%
13Hal2H%
13
al2H%
13
al2H%
13
al2H%

5

al9.33

Checks

SUNDAY

4

019.33

O53.10 19.30
53.07Ha.09H 53.08
53.08a53.09H 53.08Ha53.10 19.29

Dec.

3..

053.10 19.29Hal9.32 19.30
053.10 19.29Hal9.32 19.30

053.10 19.28

53.07Ha.09H 53.08
53.07Ha.09H 53.08
53.07Ha.09H 53.08
53.07Ha53.10 53.08

Dec.

2

Dec.

SUNDAY

Dec.

1

Dec.

Peso

Cables

Checks

13Hal2H% discount
12Hal2H% discount

Dec.

53.08a53.09H 53.08Ha53.10 19.28Hal9.33 19.29al9.33H
019.32 19.28Hal9.33
53.08a53.09H 53.08Ha53.10 19.28

Deo.

Colombia

Argentina

Guilder

llHall8x«
11 Hall H
11 Hall H
llHall3x«
llHall'x*

SUNDAY

31

Norway

Finland

Krona

Krone

Brazil

Markka

Qiile

Bolivia

MUreis

Sweden

Peso

Boliviano

Sucre

Checks

Checks

'

Cables

Checks
Dec.

28.78

"028.82

Dec.

23.78

023.81

.79

Checks

Cables

Checks

.85Ha2.00

SUNDAY

Deo.

Dec.

23.77

023.82

Dec.

23.79

023.82

Dec.

23.80

Dec.

23.80

023.82

Dec.

23.80

023.82

Dec.

23.76Ha23.81

023.82

,77Ha.82H
,79Ha23.83
,80Ha23.83
.80Ha.82H
,80Ha23.83
.77

23.78Ha23.81

Dec. 12.

23.77

Dec. 13.

23.78Ha23.82

Dec. 14.

23.80

023.82

023.82
023.82

Dec. 15.

23.80

Dec. 16.

23.80Ha23.82
023.82

23.80

Dec. 19.

23.79

Dec. 20.

Ha23.82
23.79 Ha-82 H

Dec. 21.

23.80

Dec. 22.

23.79

Dec. 23.

23.80a23.82H

a23.82
023.83

5.03

05.15

5.1705.19

3.00

6.75

22.70

5.01

05.15

5.17o5.19

3.00

6.75

80Hal.95

6-

22.70

022.73 22.70Ha.73H

78

Dec.

7-

5.04Ha5.15

5.1705.19

3.00

6.75

Dec.

8—

5.02Ha5.15

5.17o5.19

3.00

6.75

Dec.

9—

5.02Ha5.15

5.17o5.19

3.00

6.75

22.70Ha22.72 22.71

022.73
022.73

01.95

80Hal.95

80Ha2.00

022.73
023.83 22.69Ha22.72 22.70
022.73
.80Ha23.83 22.70Ha22.72 22.71
022.73
,80Ha23.83 22.70Ha22.72 22.71
a22.73 22.70Ha22.74
.81
023.83 22.70

.81

.79

,80Ha23.83 22.70
a23.83 22.70
023.83 22.70

—

SUNDAY

Dec. 10—

022.73 22.70Ha.73H
a22.72 22.70Ha22.73

,80Ha23.83 22.70
22.74
.79Ha.83H 22.70Ha22.73 22.71a
022.73 22.70Ha.73H
,80Ha23.83 22.70

a 5.15

5.17o5.19

3.00

6.75

5.03

05.15

5.17o5.19

3.00

6.75

available

a2.00

5.03

a5.15

5.17o5.19

3.00

6.75

5.03

a5.15

5.1705.19

3.00

6.75

Dec. 16—

5.05

a 5.15

5.1705.19

3.00

6.75

SUNDAY
5.1705.19

3.00

6.75

5.1705.19

3.00

6.75

5.17o5.19

3.00

6.75

Deo. 21._

5.02Ha5.15
6.02Ha5.15
5.02Ha5.15
5.02Ha5.15

5.1705.19

3.00

6.75

Dec. 22„

5.02Ha5.15

5.1705.19

3.00

6.76

Dec. 23..

5.01Ha5.l5

5.17o5.19

3.00

6.75

Dec. 18—

.81Ha2.00
,81Ha2.00
81Ha2.00

Dec. 19

Dec. 20..

O2.00

81Ha2.00

,81Ha2.00

SUNDAY

Dec. 24—

SUNDAY

HOLIDAY

Dec. 25..

HOLIDAY

80Ha23.83 22.70a22.72

22.70 Ha22.73

Dec. 27.

23.80a23.83

80Ha.83H 22.70a22.73

22.70Ha22.74

Dec. 28.

8lo23.83

Dec. 29.

23.80Ha.82H
23.80a23.82H

Deo. 30.

23.80a23.82H

22.70Ha.72H 22.71a22.73

80Ha23.83 22.70a22.72H 22.70 Ha22.73
,80Ha23.83 22.70a22.72H 22.70Ha22.73

Dec. 26—

a5.15

3.00

6.75

5.02

a5.15

5.1705.19

3.00

6.75

Dec. 28

5.03

a 5.15

5.17o5.19

3.00

6.76

Dec. 29—

5.02

o5.15

5.1705.19

3.00

6.75

Dec. 30—

a2.00

5.02

Dec. 27—

81Ha2.00
.8lHa2.00
8lHa2.00
8lHa2.00
82

5.03Ha5.15

5.l7o5.19

3.00

6.75

Venezuela

Peru

Japan

Peso

Bolivar

Sol

Yen

Dollar

Checks

Checks

Checks

Checks

Checks

Dec.

65.83

31.00o31.60

16.50al8.50

23.44o23.47

24.20a24.50

Deo.

Italy

65.83

31.00o31.50

16.50al8.50

23.44o23.47

24.32a24.37

slovakia

Peseta

Lira

Koruna

Cables

Dec.

1..

9.95ol0.15

Dec.

2..

9.95O10.15

Checks

Checks

Cables

5.04Ha\0"H 5.04Ha .0"H
5.04Ha5.05H 5.04Ha5.05H

Deo.

3..

Dec.

4-

9.95O10.15

Deo.

5_.

9.95O10.15

Dec.

6_.

9.95O10.15

Dec.

7..

9.95O10.15

D§o.

8..

9.95O10.15

Deo.

9

9.95O10.15

5.04Ha5.05H
5.04Ha5.05H
5.04Ha5.05H
5.04Ha5.05H
5.04Ha5.05H
5.04Ha5.05H

Dec.

Dec. 11

9.95ol0.15

Dec. 12

9.95O10.25

Dec. 13

No rates

9.9"al0.2i

Dec. 14

available

9.95al0.25

Deo. 15

9.95O10.15

Dec. 16

9.9oOl0.15

5.04Ha5.05H 5.04Ha5.05H
5.04Ha5.05H 5.04Ha5.0iH
5.04Ha5.04M 5.04Ha5.05
5.04Ha5.05
5.04Ha5.05H
5.04Ha5.05
5.04Ha5.0'H
5.04Ha .04 H 6.04Ha5.05

Deo. 18

9.95al0.15

Dec. 19

9.95al0.15

Dec. 20

9.95al0.15

Dec. 21

9.95O10.15

Dec. 22

9.95al0.15

Dec. 23

9.95al0.15

9.95al0.15
9.95al0.15

Dec. 28

9.95al0.15

Dec. 29

9.95al0.15

9.95al0.15

Dec. 30

24.34a24.40

65.83

31.00o31.50

17.00al8.50

23.44o23.47

24.30Ha24.42

65.83

31.00a31.50

17.00al7.50

23.43a23.47

24.33a24.50

65.83

31.00o31.50

17.00al7.50

23.44o23.47

24.34a24.42

65.83

31.00o31.50

17.00

23.44o23.47

24.36a24.60

Dec.

65.83

31.00o31.50

17.00

23.44o23.47

24.38a24.60

23.44023.47

24.38fl24.56

SUNDAY

Dec. 10.

17.00

Dec. 11.

65.83

31.00o31.50

23^44023.46

24.41a24.62

65.83

31.00a31.50

17.00al8.25

v23.44a23.46

24.48a24.65

Dec. 14.

65.83

31.00o31.60

17.00al8.25

23.44o23.47

24.62a24.65

Dec. 15.

65.38

31.00o31.50

17.00ol8.25

Dec. 16.

65.83

31.00o3l.50

17.00al8.25

Dec. 18.

65.83

31.00o31.50

17.00al8.00

23.44a23.47

24.57a24.70

Dec. 19.

available

31.00o31.50

Dec. 13.

No rates

65.83

Deo. 12.

65.83

31.00o31.50

17.00al8.00

5.04 H a5.05

5.04Ha5.05H
5.04Ha5.05M 5.04Ha5.06
5.04Ha5.05H
5.04Ha5.05
5.04Ha5.04M 5.04Ha5.05
5.04Ha5.05H
5.04Ha5.05
5.04Ha5.04H 5.04Ha5.05

23.44a23.47

24.64a24.75

23.44a23.46

24.64024.75

17.00

24.51 Ha24.65
23.43Ha23.47 24.51a24.65

23.44o23.47

SUNDAY

Dec. 17.

Dec. 20.

65.83

31.00o31.50

17.00al8.00

Dec. 21.

65.83

31.00o31.50

17.00al8.50

23.44a23.47

24.61a24.70

Dec. 22.

65.83

31.00o31.50

17.00al8.50

23.44a23.47

24.62a24.75

Dec. 23.

65.83

31.00o31.50

17.00al8.50

23.44a23.47

24.58a24.75

Dec. 24.

SUNDAY

Dec. 25.

HOLIDAY

24.62a24.75

65.83

3l.00o31.50

17.00al8.50

23.44a23.47

Dec. 27.

65.83

31.00o31.50

I7.00al8.50

23.44a23.47

24.53a24.62

Dec. 28.

65.83

3l.00o31.50

I7.00al8.75

23.44a23.47

24.54 Ho24.70

Dec. 29.

65.83

17.00al8.75

23.44a23.47

24.59a24.71

Dec. 30.

65.83

31.00a3l.50
3l.00o31.50

17.00a 18.50

23.45a23.47

24.62a24.75

Dec. 26.

HOLIDAY

Deo. 25

23.44o23.47

Dec.

SUNDAY

Deo. 24

16.50al8.50

Deo.

SUNDAY

Deo. 17

31.00o31.50

Dec.

I

65.83

Dec.

5.04Ha5.05H
5.04Ha5.05H
5.04Ha5.05H
5.04Ha5.05H
5.04Ha5.05H
5.04Ha5.05H

SUNDAY

Dec. 10

SUNDAY

Dec.

SUNDAY

Deo. 27

Hongkong

Uruguay

Czecho¬

Spain

Dec. 26

5.1705.19

SUNDAY

Dec. 31—

SUNDAY

Checks

6.75

5.04

Dec. 15-

O2.00

.82

3.00

No rates

Dec. 17—

a22.73 22.70Ha.73H
022.73 22.70Ha.73H

5.17o5.19

Dec. 14-

a2.00

.79

05.15

Dec. 13—

Dec. 12—

,81Ha2.00
.81

5.03

Dec. 11—

a2.00

Dec. 31.

6.75

5„

Dec.

23.80a23.82

Dec. 26.

3.00

Dec.

O2.00

Dec. 24.

6.75

5.17o5.19

a2.00

023.82 22.70

Dec. 25.

~

82

81

,80

05.15

6.75

3.00

3.00

5.17o5.19

80Ha2.00

.81

.80

5.02

5.1705.19
SUNDAY

022.72 22.69 Ha22.73
022.72 22.70 Ha22.73

SUNDAY

Dec. 18.

4—

a5.15

o22.72 22.68 Ha22.73

,77Ha23.83 22.70

Dec. 17.

5.02

22.69

a22.72 22.70Ha22.73
a22.72 22.70Ha22.73

.79

5.02y»o5.15

■

22.68

SUNDAY

Dec. 11.

Checks

Dec.

a23.82 22.69Ha22.72 22.70

Dec. 10.

1—
2—
3—

I5eo7

O2.00

o22.71 22.69Ha22.72

Dec.
Dec.

023.83 22v69""o22."72 22:69"Hd'2^W

,78Ha23.82 22.69

Cables

—.

5.04Ha5.04M 5.04Ha5.05
5.04Ha5.05H 5.04Ha5.05H
5.04Ha5.05M 5.04Ha5.05H
5.04Ha5.05H 5.04Ha5.06
5.04-Ha5.04H 5.04Ha5.05

SUNDAY

Dec. 31.

SUNDAY

Dec. 31

Philippine
Rumania

Bulgaria

Leu

Lev

Dinar

Checks

Checks

.70

0.73

1.20

.70Ha.73

1.20

.70 H a.73

1.20

Checks
2.27

02.34

2.27Ha2.34

Drachma
Checks
.70 H
.71

a.74 H
0.74H

1.20

a.73

1.20

.71

2.26Ha2.34
2.26Ha2.35

.71Ha.73H
.71Ha.73H
.70Ha.73H

1.20

2.26Ha2.35
2.26Ha2.35

1.20

2.26

1.20

2.26Ha2.35

.70Ha.73H
.70Ha.73H
.70Ha.73H
.71Ha.73H
.71Ha.73H
.70 H a.73 H

1.20

2.26

1.20

2.26Ha2.35

1.20

2.26

02.35

Checks

Checks

Checks

Checks

Checks

1-

7.5907.75

49H O49.90

45.55o47.75

30.04o30.07

53.52

2..

7.38O7.50

49H O49.90

45.72o47.75

30.00a30.10

53.52

.71Ha.75

Dec.

45.75o47.75

30.01o30.06

53.52

45.71Ha47.75

.71Ha.75
.72

a.75

Dec.

5-

.72

a.75

Dec.

6_.

7.38a7.62

.72

a. 74

Deo.

7-

7.23O7.50

.71Ha.73H
.70Ha.73M

.72

a.74

Deo.

8_.

7.2307.37

49H
49H
49H
49H
49H

.71Ha.74

Dec.

9_.

7.22o7.35

491'uo49.90

.71Ha.74
.71 Ha.74
.71 Ha.74
.72 H a.74
.72 H a.74
.72 H a.75

0.74H

•71H0.74H
.71Ha.74H
.71 Ha.73 H

2.27

.72

.70 H a.73

1.20

.70 H

1.20

1.20

2.26Ha2.35
2.26Ha2.35
2.26Ha2.35
2.26Ha2.35
2.26Ha2.35

1.20

2.26

0.74H

1.20
1.20

o2.35

7.1807.25
7.33O7.50

.71Ha.75
.71 Ha.75
.71 Ha.75

.72Ha.75
.72Ha.75
.71Ha.75




1.20
1.20
1.20

1.20
1.20

53.52

46.00a47.75

30.01o30.12

46.02 Ha47.75 30.01

30.02a30.l2

Ha30.l2

53.52
53.45
53.35

Dec. 13..

7.51o7.62

49lli«a49.90

46.05 Ha47.75

Deo. 14..

7.40O7.50

491,x«a49.90

46.35a47.75

30.02o30.l2

Deo. 15—

7.4407.56

491,x#a49.90

46.15047.75

30.02a30.12

53.45

Dec. 16..

7.4807.62

491,i«a49.90

46.21a47.75

30.04a30.14

53.58

53.35

SUNDAY

Dec. 18-

7.60O7.82

49"ua49.90

46.26a47.75

7.7407.88

4918uo49.90

46.33a47.75

30.03Ha30.14
30.04Ha30.12

53.55

Dec. 19..

46.34a47.75

30.05a30.l2

53.46

46.30a47.75

30.05a30.l2

53.47

53.52

Deo. 20..

7.62o7.88

Dec. 21-

7.58O7.80

491,x«o49.90
491,iea49.90

Deo. 22..

7.6407.75

49"xea49.90

46.33a47.75

30.04a30.l2

53.60

Dec. 23—

7.5807.75

491,i«a49.90

46.27a47.75

30.05o30.l2

63.49

49«xeo49.90
49»x«a49.90
49»x#a49.90

46.33a47.75

30.04a30.12

53.50

46.34a47.75

30.04 Ha30.12
30.06a30.15

53.51

46.34a47.75

49»x#a49.90
49»»x«a49.90

46.36a47.75

30.10a30.18

53.65

46.39a47.75

30.09a30.18

53.68

SUNDAY
HOLIDAY

.7lHa.75
.71Ha.75
.72 Ha.75
.7lHa.75

Dec. 27_.

7.73o7.80

Dec. 28..

7.77O7.90

Deo. 29—

7.64o7.80

.70Ha.75

Dec. 30..

7.64o7.75

SUNDAY

30.01Ha30.l2

491,x»a49.90

2.26Ha2.35
2.26Ha2.35
2.26Ha2.35
2.26Ha2.35
2.26Ha2.35

0.74H
o.74H
o.74H
.71
0.74H
.70Ha.74H

53.52

45.87a47.75

7.37O7.50

7.62o7.75

.72

30.00o30.14

Dec. 12.,

Dec. 25—

.71

53.52

45.91 Ha47.75

491,uo49.90

Dec. 26_.

.71

53.52

29.99o30.14

7.29O7.50

Dec. 24..

SUNDAY

53.52

30.00o30.15

Dec. 11-

Dec. 17-

.71Ha.74H
.71Ha.74H
.71Ha.74H
.71Ha.74H
.71Ha.74H
.71Ha.74H

30.00o30.15

45.78a47.75
45.93 Ha47.75

SUNDAY

HOLIDAY

.70Ha.73H
.70Ha.73H
.7lHa.73H
.70Ha.73H
.70Ha.73H

049.90
049.90
049.90
O49.90
049.90

Deo. 10..

SUNDAY

H
a.73 H
.70Ha.73H
,71Ha.73H
.71Ha.73H
.70 H a.73 H

SUNDAY

4..

2.26Ha2.35
2.26Ha2.35

17—

Guilder

3_.

1.20

02.35

Java

Rupee

Dec.

1.20

1.20

India

Dollar

Deo.

.71

.70Ha.73H
."0Ha.73H
.70 H a.73 H
.71Ha.73H
.72
a. 73H

02.35

Settlements

Peso

Dec.

Cables

SUNDAY

o2.35

Islands

.710.75

SUNDAY

.71Ha.73

Straits

Shanghai
Yuan Dollar

Greece

Yugoslavia

Dec. 31—

SUNDAY

53.60