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J5. ADM

umnAny

JAM 9

1933

.

BANK f QUOTATION
RECORD
REG.

U.

S.

PAT.

OFFICE

DECEMBER IN RETROSPECT
Page

Commercial

and

Financial

Events

Page

1

Course of the Stock Market—..

8

9

Cotton

Hides and Leather
Iron and Steel Trade

7

.15

Dividend Declarations

12

Money Market
New

16

__

Security Issues

11

Federal Reserve Bank—Brokers' Loans .17

Petroleum and Its Products

9

Foreign Affairs

Rubber

9

4

—

Foreign Exchange

114

Grain—Coffee—Sugar

8

Textiles

9

United States Treasury Financing

11

r

INDEX TO STOCK EXCHANGE QUOTATIONS
Page

Baltimore

Stock

Page

..57

New York Curb

m/bS

New York Stock

Exchange—Bonds

Chicago Stock Exchange

__54

New York Stock

Exchange—Stocks

Cleveland Stock

..66

Philadelphia Stock Exchange

Boston Stock

Detroit Stock
Los

Exchange..

Exchange..

Exchange..

Exchange

Exchange

41

19
31

...61

..60

Pittsburgh Stock Exchange

59

..64

Angeles Stock Exchange

San Francisco Stock

62

Exchange....

INDEX TO GENERAL QUOTATIONS
Page

Banks and Trust

Companies—

Page

Municipal Bonds—

Domestic

100

Domestic

Canadian

111

Canadian

Exchange Seats
Federal

Land

V—03

Bank Bonds

Foreign Government Bonds

91

Public

/

91

93

Utility Bonds

73

Public Utility Stocks

78

92

Railroad Bonds

67

81

Railroad Stocks

71

Industrial Stocks

84

Real

Insurance Stocks

99

Real Estate Trust and Land Stocks

Investing Companies Securities..

72

Textile Stocks

.

Industrial Bonds

Joint Stock Land BankSecurities

Title
..111

Mill Stocks—see Textile Stocks—

Estate Bonds

84

Guarantee




William

DANA

and

Safe

Deposit

Stocks

84

United States Territorial Bonds

J~anuary 0,

B.

84
_84

United States Government Securities..91

Mining Stocks.

WILLIAM

..-112

1939

COMPANY,

Street, Corner

of

..91

PUBLISHERS

Spruce Street, New York

it.jL

*

♦

*

V

*

"




J

-

t

y

\

i

Jtafte deposit atul ^rust
—OF

Co.

BALTIMORE—
V

Capital $2,000,000
Surplus and Profits $4,196,364
1876 this Company

CINCE

has devoted itself

^

exclusively to the management and conser¬
vation of estates—specializing the whole effort
of its

It

is

highly trained organization in this
one

of

the

few trust

business.

companies in the

which has never engaged in

country

Edwin G.

general

Its Directors are:

banking, selling securities, etc.

Baetjer--,-- Venable Baetjer & Howard

Charles H. Babcock-..Reynolds & Co.
William G. Baker,

Howard Bruce

Jr--Baker, Watts & Co.
Chairman of Board of Balti¬
more

National Bank

George C. Cutler

President of Safe Deposit and

E.

President

Trust Co.

Asbury Davis

of Baltimore

of

United

States

Fidelity and Guaranty Co.

Lyman Delano

Chairman of Board of Atlantic

I

Coast Line R. R. Co.

Robert Garrett

Robert Garrett <fc Sons

Norman James

President of James Lumber Co.

J. Edward Johnston

Capitalist

Blanchard Randall

Gill & Fhher

Charles E. Rieman

Pres. of Western Nat. Bank

■

.

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'1 1
'

'

BANK/QUOTATION
RECORD
'REQ.

U.

8.

PAT.

OFFICE

Copyright in 1939 by WILLIAM B. DANA COMPANY, in office of Librarian
Entered

as

of Congress, Washington, D. C.
Second Class Matter, March
9, 1928, at the Post Office at New York, N. Y., under the Act of March 3, 1879

VOL. 12

NEW YORK, JANUARY 6,

Bank

recommended

Quotation Record

and

Bank and Quotation Record is $12.00

CHICAGO

be

extra.

Single copies are sold at

the

to

&

Smith,

1

corner

and that

studied.

In

cost.

OF

President Roosevelt

liis annual
tion"

message to

Jan.

on

centered

was

4,

scheduled

Congress

interest

the

new

other items

to deliver

the

on

during the

of

Congress.

interest

"State

month

ress

of Dec.

23 of Harry

Administrator,

the

the

this

said:

review

specula¬

and

the

appoint¬

L. Hopkins, former Works Prog¬

Secretary of Commerce in place of

as

In furtherance

previously announced intention, Homer S. Cummings
on Jan. 1 as United States
Attorney General and

succeeded in that post

by Frank Murphy, who resigns

Governor of Michigan to assume his

as

Cabinet office.

new

While there have been few definite hints

Administration
program for
of national

plans to offer in the

the coming session

of

as

of

way

to what the

legislative

a

Congress, the question

defense is expected to head the list.

That

the

President would again press for the passage of an
executive
reorganization bill was indicated on Dec. 9 when he an¬

%

nounced

that he would

the

on

subject.

President will
defense which

send

Reports
recommend
of

are

special message to Congress

a

Dec.

on

26

indicated

reinforcements

unprecedented

of

that

the

the

national

peacetime magnitude.

The first official disclosure of what
the Administration has
in mind in its armaments
program came on Dec. 27 when

the

President

announced

that

plans

20,000 college students annually

pleted.

The President said

which
ever

and

is

termed

the

he

in

the

the

training

college

several

mass

Civil

Aeronautics Authority, which is responsible for the formula¬
tion
cost

fear

of

the

plan, estimated

$9,800,000
that

the

a

year.

expansion program
a

the

full

would

program

Ostensibly to ward off the growing

Administration

the President at

that

which

was

contemplating

would entail

press conference

on

a

defense

huge expenditures,

Dec. 6 proposed that

expenditures for the national defense should be placed on a
"pay-as-you-go basis," but warned against the inference,that
he

advocated

or

that

new

paying the bill in the
would

taxes

the program.

be

year

proposed

it

be

don't

done

know

to

was

incurred,

in connection

with

The President also observed that pump-prim¬

ing and the question of unemployment will not be

a

consid¬

costs

recommended

general

that

about

revenues

governmental participation

Council believes

to

make

Senate majority

with

the

a

President

particularly,
amending

Dec.

on

and

14,

what

except

correcting

Representative Rayburn,

intimated

conference with the President, that the

session, aside from national defense,

comprehensive revision of

them

leader,
legisla¬

new

Likewise Speaker Bankhead and the

chief task of the next
a

the

existing laws,

Dec. 28, after

would be

New Legislation

to

anything

House majority leader,
on

workable

more

and

New

some

less

Deal laws

controversial.

President conferred with Vice-President Garner

The

Dec. 17,

on

but neither would divulge the nature of their
conversation.
With

of

regard to the legislative program, it

Dec.

on

21

that

the

President

will

adopt

reported

was

definite policy

a

leaving the job of drafting bills and resolutions
The

gress.

Congress

said

report

will

make

that

the

President's
is

decision

reported

to be

agitation for

one

return

a

surrendered

Committee

to

during
on

leave

to

its

emergencies.

dn

The

devices

own

counteracting

the

expected

powers

which it

With

Campaign Expenditures

to

suggestions"

Congress of the

the

Con¬

to

message

largely to Congress.

Congress

of

way
to

President's

"affirmative

only

national matters and leave details

the

Senate

expecting to file

a

blanket indictment of the present relief
system early in the
session, and with the Administration in need of a de¬

ficiency

appropriation to carry its relief program from
7, when the present funds run out, to the end of the

Feb.

fiscal year,
the

first

the question of relief is expected to be

with

which

program,

The

disabled

increased

what possibility there was for

as to

"I

may

On

Dec.

5 the President

November
the
he

elections
of

cause

intends

Deal.

did

carry

that

constitute

the

results of the

crushing

a

this country,

the

on

of

^

Enunciations

declared

not

liberalism in

to

one

Congress will be confronted.

Presidential

movement

hundred colleges

1939-40.

year

of

were com¬

hoped to have the

greatest aeronautics

undertaken, in full effect in
universities

for

civilian pilots

as

as

Barkley,

them if they need it."

resigned
was

W.

tion after he had conferred

Na¬

hearings before the

Daniel C. Roper, who
resigned on Dec. 15.
of his

personally
of

under

Aside from

were

Alben

questioned

Temporary Rational Economic Committee
ment

Senator

chiefly upon what legislation would be forth¬

coming from
tion,

AND

FINANCIAL EVENTS

/
With

from

provisions

becomes

the

aged

insured

that the old-age reserve fund could be
kept much lower than
the estimated $45,000,000,000 in 1980.

Spruce Street, New York

DECEMBER—COMMERCIAL

of

mar¬

an

of

question ,.Qf

Council

Since

Likelihood

REVIEW

payable in

orphans

who

view

the

contribute

the tothl

the

person

program,

Government

and

would affect future
payments of taxes, the

Drapers' Gardens, E.G.

WILLIAM B. DANA COMPANY,
Publisher.,
William Street

be

widows

insured

an

expanded

one-third

OFFICE—208 South La Salle Street.

LONDON OFFICE—Edwards

the

for

provided;

benefits

of

$1.00 per copy.
f

benefits

permanently

year.* Postage outside of United States

benefits

supplemented by 50% where there is

that

persons

for

$23 in other foreign countries.
a

old-age

be

men

wife;

(except Argentina), Spain, Mexico and Cuba, and

The subscription price to the

the average

years should be increased; that benefits to

ried

The Bank

Central America

that

NO. 1

t^ie early

and Quotation Record Is one of the
companion publications
of the Commercial & Financial
Chronicle and is issued monthly.
Terms for the Chronicle are $18
per annum within the United States
and U. S. Possessions and
Territories; $19.50Un Canada; $21.50 in South
and

1939

"liberal program"

He made these remarks in the

blow to

and indicated that

course

of

the

New

of his address

before the student forum at the
University of North Caro¬
Instead of devoting his
speech to

lina.

foreign affairs,

had

been

faith

in

expected,

expressed

as

his

democracy and said that the people of the United

States could best

strating

the president repeatedly

serve

the cause of world peace

workability

the

of. democratic

by demon¬

institutions.

The

President said:
It

is

only

the unthinking liberals

in this world who see nothing but
slowing up or temporary stopping of liberal progress.
It
only the unthinking conservatives who rejoice when a social or economic
reform fails to be 100% successful.

tragedy

in

the

is

.

eration in
now

whatever

program is recommended by the groups

studying the defense question.

Other
cluded

Changes Proposed in Social Security Act

Adding

one

more

visory Council

on

item for

Social

of the

Social

Security made public

expanding the system to
.

population, and for
program

and

an

cover

a

Dec.

18

program,

for

larger proportion of the

improved method of financing the

handling the necessary funds.




on

the scope of the benefits

Security Act's old-age insurance

of

the

President

during the month

in¬

:

A message to the American Farm
Bureau Federation con¬

Congress to consider, the Ad¬

its recommendations for
enlarging

activities

The

Council

vention at New Orleans

on

Dec. 13, stating that "I

vinced that the 1938 Agricultural
in

am

con¬

Adjustment Act is sound

principle; that the 1939 farm program formulated under

this

Act

crop

years," and that "a diligent study" be made "to deter¬

mine

if

.

.

.*

can

additional

be

put

legislation

depressing surpluses."

into

is

operation

needed

to

for

the

reduce

1939

price

MONTHLY REVIEW

2
Authorization
istration

the NLRB

which may be insured by

state in

aggregate limit to $3,000,-

the

raising

thus

agency,

Federation of Labor affiliate, and at the same

$1,000,000,000 the amount of out¬

by

standing principal of mortgages
the

ternational Brotherhood of Electrical Workers, an

Housing Admin¬

Dec. 13 to the Federal

on

increase

to

decision

A six-to-two

allegedly eligible for public assistance

those

rolls

its

The

activities of the

other

court included:

Progress Administration in dismissing

action of the Works
from

is sup¬

the company's • power

of

some

interstate activities.

plied to

Moore of New Jersey endorsing the

letter to Governor

the company is intra¬

that although

character, the Federal Government has competent

jurisdiction because

000,000.
A

contention

American

time-upheld

Lloyd L. Gaines,

12 unholding the right of

Dec.

on

Negro residing in St. Louis, to be admitted to the University of Missouri
Law School unless the State establishes a law school at Lincoln University,

a

benefits under the

'

Security Act.

Social

a

Inquiry into Monopolistic Practices

"prologue" to the hearings of the Temporary National
Committee

Economic

mittee

about

With

industries.

economic

Thorp,

Committee,

Dec." 2

on

ment

investigation

tends

to

exist,

industries
tha.n

by

it consisted

more

generally

is

what

tion

their

which

industry makes use of

their loaning

.

royalties for the use of the patents of

parties to a cross-

bers of the Automobile Manufacturers are

licensing agreement
and

under which

the

parties interchange

freely all automotive patents held by any of

use

members

of 1930.

as

the

for

to come upon

anyone

"revolu¬

a

tionary" invention; and that even if there were no patent
laws, General Motors would devote just as much
its

Hearings

activities.

research

on

The committee

industry were opened on Dec. 13.

the glass

the

concluded

first phase

effort to

use*of patents in

the

16 as it

of its inquiry on Dec.

bottle
devoted

completed hearings on the use of patents in the glass

The first part of the investigation was

industry.

principally
allowed

or

expected that

question
the

retain

to

production

the

to

whether

should be

patentees

to impose restrictions

power

as

to

It is
time after

price in any license they may issue.
hearings

will

resumed

be

some

Requests for information on price and distribution

Jan. 10.

policies have been made to some 60 steel companies by the
committee

on

Dec. 30.

from

the

monopoly

investigation,

portant anti-trust development
indictment

on

Dec. 20 by a

of

the

American

of

the

District

Medical

of

most

im¬

during the month was the

District of Columbia grand jury
Association, the Medical

Columbia,

the

Society

Washington Academy of

Surgery of Washington, the Harris County Medical Society
of

ington as participants in alleged unlawful

combination and

conspiracy in restraint of trade.
Supreme Court Decisionj

a

decision

of

the

Supreme

Court

part)

on

(technically

Dec. 5 in the Consolidated Edison Co. case: the

court overruled

Co.

and its

part of a NLRB order directing the Edison

subsidiaries to abrogate contracts with the In¬




haul

of

clause

Interstate

the

of

all railroad reor-and the ICC of reor¬

to handle

Court

Federal

Federal

the

District Courts

The committee's

to

ism

in

of

some

had led

creation

the

of

call

the

whether

its

3.

the committee

that
more

evidence

chief

interest

rejection

the

more

in

committee

the

of

members

secure

urged

funds with which to hear

activities

TVA

on

doubt.
by Congress to report by
be continued

would

instructed

was

Republican

of

thus leaving the question

Chairman,

investigation

committee

The
Jan.

investigating the
subject

committee

adjourned on Dec. 21

Valley Authority

Tennessee

beyond the ability

supports

Valley Authority

congressional

joint

others"

over

because "it has resulted

transportation facilities

of

Tennessee

The

to

of transportation

modes

the

traffic of the country to

of the

"governmental favorit¬

report said that

"wasteful competition"

to

ICC approval.

present requirement for

the

without

railroads

Reconstructive Finance Corporation to lend

to authorize the

Legislation
to

with

cambers

I

Board.

portation

consolidation plans to give initiative for
approval of the proposed new Trans¬

ICC

present
the

to

than

other

power.

Of

during the hearings of; the past month was

Dec. 12)

(and again on

Dec. 7

on

by J. A.

Krug, chief power planning engineer for the TVA, of the

Willkie,

Wendell

of

proposal

wealth & Southern, that the
mission

asked

be

to

fix

a

fair price

the Tennessee Electric Power

Mr.

TVA.

the

Mr.

Krug,

Willkie's

the

President of

the Common¬

Securities and Exchange Com¬
Co.

as a

for the purchase

of

complete system

by

speaking for the TVA Board, said

plan

was

"visionary," "impracticable,"

Other disclosures at

"unworkable," &c.

hearings were:

«

j

of
$3,156,852
if present power rates are maintained when all seven dams are in service.
An admission by Mr. Krug that the, TVA power business was $1,000,000
"in the red" last fiscal year, figuring interest and depreciation, although,
it
would make a substantial profit on the same accounting basis this
An

assertion

by Dr. Arthur E.

Morgan, deposed Chairman

year.

Hearings
•

Dec. 5

that the TVA will operate at an annual deficit of

the Authority,

fiscal

on

Most

of

by Senate Finance Committee on

the

witnesses

Subcommittee

"Incentive Tax"

appearing before the Senate

which

is conducting hearings

posals for so-called "incentive
and

six-to-two, because Justices Reed and Black concurred only
in

the

of

Repeal

nance

The National Labor Relations Board met both defeat

in

recom¬

forms

.

single

a

relieving

consolidations

Houston, Tex., and 21 physicians of Chicago and Wash¬

victory

of

"over-simplified,"

the

all

for

ganization jurisdiction.

that

Indictment of Medical Societies

Aside

regulation

long-and-short

so-called

the

Officials of the General Motors Corp.

Knudson, President of the company, declared that it was

impossible

committee

the

none,

of

important of the other recommendations were:

of

ganizations,

appeared before the committee on Dec. 6, and William S.

virtually

Declaring

23.

more

both

and the mem¬

and borrowing of patents;

for

favors

centralization

Establishment

the patent system:

others; the Packard Co. operates on the royalty basis
in

Dec.

proposed the creation of a new Transporard.

grants royalty-free license to anyone who asks

for them and pays no

on

Commerce Commission Act.

Iteeves, general manager of the Automobile Manufacturers

the Ford Co.

special

the

Repeal

Association, told the committee on Dec. 5 of the three ways
in

President

the

need was a definite national policy pro¬

and

the)inquiry,

President of tkerTackard Motor Car Co., and Alfred

ley,

to

The

President of the Ford Motor Co.; Alvan Macau-

Edsel Ford,

rejected by the special Emergency

completed its work and presented its

Board

transportation under the Interstate Commerce Commission

activity had been halted, and offered a list

Opening the hearings on the patent phase of

and

mended

"monopoly."

adjustments designed to help correct the situation.

of

study legislative

viding for impartial regulation of all modes of transporta¬

Mr. Henderson told the committee that the growth of Amer¬
ican economic

railroad manage¬

appointed to

after their request for a 15% reduc¬

in wages had been

recommendations

of control of

considered to be

generally

production and sales

costs of

on

special committee of

that the important

relatively small groups of unrelated houses

by

the

producers

executives

labor

Fact-Finding

the national

aspects of

various

of

has

the coal

President's
and

tion

Dr. Thorp said that where monopolistic practice

economy.

hear arguments on whether the National
power to force into public hearings

19 agreeing to

Commission

by

the Nation's carriers

prologue was terminated and the committee launched into a
detailed

Coal

proposals looking towards the alleviation of the plight of

the three-day

respectively,

in

Railroads

of the

Secretary

Executive

3,

and

Loan Corporation,

the Home Owners'

receipts.

The

Com¬

the Department of

to

adviser

to

sit-down

a

Steamship Co.

19 of the question of whether New York

Dec.

bring

can

Dr. Willard

the appearance of

Henderson,

Leon

and

merce,

family

per

general and regular increase in the output of the

a

Nation's
L.

consumption

conducted

Recommendations of President's Special Committee on

population growth only a

declining rate of

increasing

constantly

Dec.

on

.submitted
their

and

had

City.

An order

data

who

& Occidental

income tax upon the salary of James B. O'Keefe, attor¬

an

Government agency,

a

the NLRB sought

in which

case

a

seamen

Peninsular

of the

vessels

levy

Bituminous

American

control over

145

York

New

At the opening hearing Dr. Lubin said that be¬

of, the

cause

financial

and

in

power

industry."

reopen

may

for

ney

charged with inquiring into "the concentration of'

s

economic

to
of

Dec.

on

two

Granting of a review on

The "Monopoly" com¬

$132,0001)00,000 in national income.

on

State

of 1930-38 has been

that the Nation's bill for the depression

the

strike

1 when Dr.

under way on Dec.

got

force

Lubin, Department of Commerce economist, declared

Isador

12

reinstatement

refusal

A

The

institution.

Negro

Fi¬

on pro¬

taxes" designed to encourage

profit-sharing with employees were of the opinion that such
reductions in Federal taxation would be the best possible
stimulus

for

business.

After

hearing numerous witnesses

during the month, the committee on
a

formula

ment

and

of

Dec. 15 started to draft

profit-sharing designed to stabilize employ¬

guarantee old-age retirement

funds for workers

in

the Nation's

10 of

The committee's

largest industries.

proposal, which, it is understood, will take the form of a
recommended

3

MONTHLY REVIEW

Jan., 1939]

plan

industry rather than

for

legislative

a

Mr. Bloom, who has conducted hearings for a period

tested.
10

of

months

proposal, will provide for joint contributions by employees

to

employers to

irrevocable trust fund to be set up

an

retire¬

by each participating firm which will be used to pay
Senator Vandenberg, a member

ment benefits.

of the com¬

mittee, however, said that he would also press for the sub¬
incentive

of

stitution

taxation

Government

with business in behalf of economic recovery

cooperation
and

spending.

Government

for

He said that incentive taxation was the "key to

Acting\Controller General Rules Against Loans for Hosiery Manu¬
facturers—Advises

Wallace

Secretary

Relief

that

the

allotted

of funds

use

to

Security

Farm

the

and

dated Dec. 6,

Secretary of Agriculture Wallace,

to

made

In a

19, Mr. Elliott stated that there is

public Dec.

nothing in the Emergency Relief Appropriation Act "which

activities, including industrial enterprises in com¬

all

and

C.

Daniel

rural rehabilitation clients of the FSA."

or

Roper

Resigns

Roosevelt Names Harry L. Hopkins

as

New Secretary

appointed Secretary of Commerce on

was

23 by President Roosevelt to

Dec.

whose
Dec.

announced

resignation,

succeed Daniel C. Roper,

Dec.

effective

became

15,

Hopkins's appointment to succeed Mr.

Mr.

With

23.

Roper the President at the same time designated Colonel
C.

Francis

Harrington

Mr.

succeed

Acting

as

Dec.

24

Mr. Hopkins was sworn in on Dec.

at the White House in the presence

of office

of President Roosevelt.

administered by Associate Supreme

was

The

NLRB

Com¬

of the Interstate

Caskie

M.

became

Commission

Chairman

the Commission,

of

succeeding Commissioner Walter M. W. Splawn, on Jan. 1.
The members of the Commission

basis

annual

The order

Douglas

reaffirmed

to

Workers'

serve

Chairman

as

Commissioner Caskie,

by rotation.

the

erable

Member of SEC—Resigns

as

in

C.

Edward
was

in

sworn

Commission
as

when

tion

the

new

from

bership

an

on

work

strike,

Representative

former

Iowa,

from

member of the Securities and Exchange

Following this, Mr. Eicher resigned

His term would have expired

Congress.

His resigna¬

National Economic Committee,

"monopoly" committee.

Mr. Eicher

Act regulating

Maloney

markets—measures administered by

pointed

Commission

the

to

active

was

over-the-counter

the SEC.

He

was

ap¬

Roosevelt

President

by

R. R. Clarke Named Deputy Governor of

Clarke,

Vice-President

and

FCA

of

the

Mr. Clarke, who will assume his new

F. F. Hill.

York

New

Farm

Mortgage Corporation,

vision

over

the two units

having super¬

the Farm Credit Administration's

Steel Corp. Dissolve

Representation Plans—Statement

Frank Bloom, trial examiner

by

Eugene

C.

ployee

the Bethlehem

representation

plans.

27, recommended disestab¬

Steel Corp.

In

a

of nine

reply

to

of its

this

a

ment

be




that

the

Board's findings

would

em¬

report,

Eugene G. Grace, President of the company, issued
indicating

mortgages

any

on

Dec. 6

was

un¬

York City, the

Savings Bank of New

Central

Messer, owner by the properties in¬

and Fanny

of

Housing and Buildings.

in

curred

Chief Judge

which was con¬

by his six associates.
Court

York

of

Upholds

Appeals

Employeij in Suit Against
Walkout Called Despite

Union—Sustains Action for Damages in

York

New

The

the right of an

/

State

Court

state¬
con¬

Appeals,

of

in

opinion

an

by Judge Harlan W. Rippey, sustained

employer t6

sue a

labor union in equity for

damages arising as a result of a strike called in violation
of

contract in which it

a

lockout.

was

The

agreed there would be neither

made by ;Nevins,

strike

nor

Inc.,

restaurant in Brooklyn, N. Y., which accused a wait¬

a

ers'

waitresses'

and

complaint was

union

of

violating

The court did not specifically

strike.

not to

contract

a

rule, however,

on

the

enforcement of union contracts outlawing strikes and lock¬

The

outs.
from

ruling, according to Associated Press accounts

Albany, reverses one by the Appellate Division.

Illinois Appellate Court Prohibits Picketing

Strike

or

strike

or

Is

Dispute
a

in

by Outsiders When No

Progress—:Decision

Unanimous

business by outsider^ is illegal if there is

controversy in progress, according to a unani¬

ruling, Dec. 22, by the Illinois Appellate Court, which

mous

pointed out that the State Legislature has never amended
Labor

State

the

Injunction law to allow such picketings,

approved in the Federal Norris-LaGuardia Act adopted

as

This type of picketing has been

A.

F.

of L.

sustained in sev¬

States, including New York and Wisconsin.
Contract

Ratified

by New

York Hotel Association and

Employees

Hotel

ratified

a

Association

of

New

York

City

on

Dec.

28

union agreement with the New York Hotel Trades

Council, composed of six locals affiliated with the American
Federation of Labor.

of the National Labor Rela¬

tions Board, in a report on Dec.

lien

prior

a

Frederic E. Crane wrote the court's opinion,

The

farm mortgage field.

Grace, President of Company

by

Granting Prior

State's multiple dwelling law, making

lending activi¬

Examiner Recommends that Bethlehem

lishment

Held Unconstitu

Law

Voids Section

The ruling was handed down in a test case

Commissioner

as

eral other

Employee

Housing

of Appeals

volved, against the City of New York and Alfred Rheinstein

in 1932.

operations of the Land Bank Division and the Federal

Its

available, the Board directed

improvements to old-law tenement houses in

City

constitutional.

duties in Washington about Jan. 1, will be associated with

ties in the long-term

Crops regulations forbid aliens

none were

State Court of Appeals decided on

part of the

a

the

NLRD

If

State Multiple

Court

assessments for

no

Secretary

Deputy Governor- of the Farm Credit Administration by

Governor

It directe
Automobile

Improvement Assessments

on

The New York
that

on

Federal Land Bank of Columbia, S. C., wras named on Dec. 5
a

United

preferential hiring list.

a

York

of New

Lien

eligible.

was

tional—State

Picketing of

R.

refrain

to

the

in

Organizations affiliate, which
from recognizing the Aircraft Workers'

Industrial

alien striker because Army Air

an

for which he

Part

Nov. 29.

Rufus

and

handed down Dec. 9

Congress convenes in January.

the

membership

of

...

that he be placed on

Representative

as

Congress

the Temporary

and

Congress

a

"No Strike" Agreement

adoption of the Public Utility Holding Company Act

1935

of

of

withdrawn after the

was

native

a

Congress automatically removed him from mem¬

on

the so-called

in the

a

Dec. 2.

on

member

a

Eicher,
as

either rein¬

working in plants making military planes, the NLRB said he should receive

transportation experience in the South.

£. C. Eicher Sworn in

were

dismissed charges that

but

strike,

respect to the Douglas contention that it should not be required to

reinstate

to the Commission in 1935 after consid¬

came

others, who

for 13

the

previous decision which

a

discouraging

cease

Union,

Union, Inc.

New

of Virginia,

pay

after

discriminated against 46 employees for alleged union activities.

the company

Institution

merce

jobs

new

Emigrant Industrial Savings Bank, the Dry Dock Savings

Caskie Elected New Chairman of ICC

Marion

back

directed

also

accepted

or

brought by

Court Justice Reed.

Commissioner

Under date of

1937.

strike of February,

8, United Press advices from Washington said:

stated

W^A Administrator to

Assistant WPA Administrator and Mr. Williams a Deputy

The oath

the order was an outgrowth

forcible detainer";

commit

to

of the "sit-down"

Colonel Harrington was an

National Youth Administrator.

WPA Administrator.

with back pay, including 11 who

the California State Courts for "conspiracy

fined by

were

of Santa Monica, Calif., was

the National Labor Relations Board on Dec. 8

appointed Aubrey Williams as

and

Hopkins,

Employees of Douglas Aircraft Co. Ordered by

reinstate 32 employees

to

In

Administration,

"We

National Labor

been declared by the

Douglas Aircraft Co.

ordered by

called

Harry L. Hopkins, Administrator of the Works Progress

.

Act."

Supreme Court's decision in the Kansas^City Stockyards case.

Commerce—President

of

Secretary

as

fundamental."

is

NLRB—Order Issued Incident to "Sit-Down" Strike.

petition with private industry, which may be engaged in by
.—associations

choosing

own

"recognized that right for over 20 years;

Reinstatement of 32

be construed as authorizing its use for loans for any

may

their

only recently has it

The

Administration for the construction of hosiery mills.
letter

of

sentatives

have," he said,

Were Not Intended for Industrial Enterprises

tions

proved

organizations for collective bargaining omd to select repre¬

Appropria-.

Acting Controller General Richard N. Elliott has disap¬

of our employees to form their own

"the right

that

clared

organizations of their own

assist labor

or

In his statement, issued Dec. 28, Mr. Grace de¬

choosing.

Relations

welfare."

common

join

form,

also recommended that the

interfering with the^rights of its employees

compapy cease

and

Labor

alleged violations of the National

on

Relations Act by the company1,

Trades
which

Council
is

on

expected

The members of the New York Hotel
Dec.

to

employees in 160 hotels.
months of negotiation,
men

for

as

29

affect

also

ratified

immediately

the

agreement,

30,000

of

60,000

The agreement is the result of 10

and

was

described" by union spokes¬

designed to bring peace to the local hotel industry

the~"Th*fct time in 60

years.

/

r

4

MONTHLY REVIEW

Strike

of Meat

Handler&Jin New York City Ended—Packing Com¬

panies Recognize C. I. O. Union

The

strike of meat handlers in New

six-day

Strike

Sole Bargaining Agency

as

against the large packing houses was ended

as

in

a

result of intervention by John L. Connor, conciliator for the
United States Department of Labor, who directed peace
efforts between

Board

had

failed

to

bring about

ers

because of the fact that labor agreements, it was
stated, had to be decided by the central offices in Chicago.

in two

of

ment

departments of the plant for day wages instead
rates.
At the start approximately 6,400

Fisher employees
of

line

and 3,000 workers

General

the

the

settlement

the

U.

Motors

Buick

on

the final assembly

division

Flint

at

were

affected.

Union,
The

Congress

a

of

were

Cudahy Packing Co., and Wilson & Co.

settlement the
The
group

Federal

official

sole

as

appreciation

New

York

said

bargaining
the

of

"Times"

the

the

for

C.

handlers.

He

expressed

both

sides

in

0.

I.

Stern,

Eastern

representative

Organizing Committee of the C. I.

0.,

of

the

con¬

Packing

Workers

House

told reporters .that

the recognition

accorded the union by the "big four" represented a victory for the striker-s.
He

said the

call

to

vote

the

off

strike

pending negotiations

for

contract

a

"virtually unanimous."

was

Agreement
A five-day trucking strike which threatened to tie
up
shipments within New York City ended on Dec. 12 as a
result of intervention by Mayor LaGuardia and the New

State Mediation

employed

Presidents'

Board.

at long-distance

Platform

truck

and checkers

men

freight

terminals

partici¬

pated in the strike, which wTas joined in a sympathy walk¬
by 1,000 out-of-town truck drivers, virtually paralyzing

"Times"
The
It
a

13

of Dec.
is

agreement

provides

for

a

we

be

to

day for the first 10%

provision
certain

The

week,

months,

until

Sept.

1,

with

arrangements
for

was

$4.80

employers originally had offered

the period.

covering

A

for

payment

scale of $6.50 a

a

paid

under

the

day for

previous

for

Y., Ended

in

Buffalo, N. Y., which had

two

days,

ended

21

Dec.

on

Buffalo advices of Dec. 21 had the following to

part:

' '

Membeys
of

the

of

the

American

Warehouse

Federation

Union, voted to accept
their
.

representatives

Edward

F.

and the

Murphy

ProducV^Wgrkers'

Labor-affiliated

drawn

agreement

an

of

Food

closed

a

The warehouse

shop,

at

in

Western New

were

pay

April

unit

a

Teamsters'

today by

York.

the

of

effect until

and

558,

conference

a

Vice-President

seniority rights

workers, it is stated,

Local

International

up

Industry of

Cleveland,

explained that the agreement would be
included

say,

,

and
of

Southeastern

1,

1940,

and

increases.

guaranteed

a

40-hour week.
to

Work, Ending Strike

Employees of the Chrysler Corp. factory in New Castle,
Ind., to the number of 3,600, returned to work on Dec. 5,
ending
The

strike

a

plant

which

had

closed

was

because

been

in

of

progress

since

dispute

a

Dec.

between

1.

the

United Automobile Workers of America,
the American

Federation

of

Labor.

The C.

O.

I.

time in January,

to all

98% of the plant's employees are its members
and that it was seeking 100% organization.
Representa¬
tives of the Die Sinkers Union said that negotiations on the
question of affiliation of their organization with the C. I. O.
would be continued further.
W. Members

Repudiate "Sit Down" Strike of 300 Workers in

Kenosha, Wis-, Plant of Nash-Kelvinator CorpThe

unauthorized strike of 300 workers

of the Kenosha,
Corp., who went on a
"sit-down" strike Dec. 1, forcing approximately 4,000 work¬
ers into idleness, was
repudiated on Dec. 3 by a vote of local

roads

In

fares

reduced

on

the

sit-down

sit-downers
Union

any

the

The

an

and

union

of

responsible

Associated Press Kenosha

that it had received

penalize members
responsible for

any

assurances

responsible

for

from the local

the, unauthorized

future unauthorized strikes.

The

increase in the piece-work rate.
officials

company

the

committee.

It

dispute

was

of the

last

that

started

night

and

reached

Thursday

announced

that

any

[Dec.

an

1].

company

grievances would

on

Dee

/




t

&

Ohio,

already have announced

New

the

long

World's

York

Fair,
low

of

advocate

an

a

Southeastern

the

date

basic 3.6c.

roads

came

iy2C. and the Western roads to 2c.
The Eastern
roads retained the 3.6c. fare until the Commission's order

Intergovernmental Debts

unchanged situation can be reported for Decem¬
ber with respect to the intergovernmental debts resulting
from the World War and its aftermath.
Notices were sent
Only

an

the State Department early in the month to the 13
European governments that were scheduled to effect pay¬
by

of

principal and interest in accordance with freely

When the payment date of
received from Finland in
full payment of the $232,935 due from that country, while
Hungary made a payment of $9,828 in observance of the
proposal of that country for a new settlement intended
eventually to repay the United States for the precise sum
advanced, without interest.
The care observed by the two
Dec.

15

settlements.

debt

funds

appeared,

were

countries with regard to their

commitments usually is con¬
fatt that the American advances in both

sidered due to the
cases

after

made

were

actual

the

war

ended

for

famine

relief.

merely
continued their complete defaults and their complete dis¬
regard of their pledges.
It is fairly evident that the other
large defaulters look to the British Government for leader¬
ship in this matter/and interest therefore centers in the
British attitude.
The note from London, however, merely
reiterated that discussions will take place "whenever cir¬
the

cumstances

war

are

led by

debtors,

such

as

to warrant

Great Britain,

the hope

that

a

satis¬

factory settlement might be reached."
Other complete de¬
faulters are France, Italy, Belgium, Poland, Czechoslovakia,

Rumania, Yugoslavia, Estonia, Latvia and Lithuania.
United States and Turkish

and

Turkey

ing of
tive

a

Trade

trade negotiations between the

Protracted

were

United States

ended at Angora, Dec. 18, with the initial¬

commercial accord, which is to become effec¬

new

in

January, 1939.
This treaty is said to be the first
of a series contemplated at Washington with countries of
the Near East.
The accord with Tui'key has some interest¬
ing implications,

not the

important being the proof

least

some of the smaller countries are beginning
to find most attractive the free exchange available in the

supplies that

United States, along with an absence of quota and

clearing

impediments to trade.
Terms of the new treaty with Tur¬
key are to be disclosed only when signatures are attached,
but it already is clear that some tariff concessions are
and

made

unconditional

that

to remain

is

in

effect.

most-favored-nation treat¬
significant comment is

The

in

dispatches from Angora that Turkey has turned
toward the United States for imports, owing
troubles that clearing agreements occasioned in trade

increasingly
to the

some-

other countries.

able balance of
of

heavy

trade

a

In consequence, the large favor¬

formerly enjoyed by Turkey because

tobacco shipments to the United States now has

developed into

an

approximat e balance in the traffic between
"In negotiating for the new agreement,"

dispatch to the New York "Times" remarks, "it doubtless
one of Turkey's concerns to recover some of the advan¬

was

tages she once enjoyed through free

Nash

plant

in

Kenosha

and

exchange."
/

atmosphere, delegates of the
21 American republics gathered at Lima, Peru, on Dec. 9,
for the Eighth International Conference of American States.
In

The

a

somewhat surcharged

deliberations

resolutions,

5.

from

Pan-American Conference

2,600 employees of the Seaman Body Co.,
Milwaukee, Nash-Kelvinator subsidiary, who had been made
idle because of the Nash plant strike, returned to work

approximately

of the business the New

to

through usual procedure.

4,000 workers

some

1933, all the railroads had
that

the two countries.

met

made in the agreement between the

wages was

and

1,

On

fare.

down

with

for settlement of

mention

bh- handled

one

sought

leaders

agreement
No

would

union
and

.men

agreed to withdraw its order

said:

The corporation announced
that

On Dec. 2 the company

discharged the 300

Dec. 3 pending negotiations.

advices of Dec. 3

and

Dec. 5.

of work, but

effective probably
It applies

Mississippi and south of the Ohio

to regain

to

Dec.

Before

coach

ment

it had

The

lowest

fares, is known to be eager for a general reduction if the
other Eastern roads will join it.

granted

that

the

the announcements said.

the

Baltimore

the

while

voted to return to work
announced

of

east

attempt

an

members of the United Automobile Workers Union, an affili¬
ate of the Congress of Industrial Organizations.
The union

for the cessation

establish

will

York Central and the Pennsylvania

it

Wis., plant of the Nash-Kelvinator

on

from the 2y2c. rate.

soon

which

and Potomac Rivers.

union

claims that

U. A.

Southeastern

indication that the Eastern roads

reduction,

a Congress of In¬
dustrial Organizations affiliate, and the Die Sinkers Union

of

an

railroad fares in the country, will become

All

teamsters,

Employees of Chrysler Plant in New Castle, Ind., Return

3,600

as

make reductions

negotiated

when 600 warehouse and produce workers voted to return
to work.
Regarding the settlement of the strike, Associated
Press

of

6.

a

contract.

increase of 16 2/3%.

pay

a

The strike of food handlers in

deliveries

quarters

some

ments

food

railroads, acting through the

$5.50

Two-Day Strike of Food Handlers in Buffalo, N.

curtailed

Dec.

1940.

and checkers of

men

$0.50 for the rest of

day/and

compared

as

21

platform

included.

was

on

of 1936.
for

the

months and

eight-hour

an

effect

for

original demand of the union

40-hour

The

for

holidays

quote:

in

scale

wage

President

Martin,

Conference,

also might

out

long-distance trucking to and from the city.
Long-distance
trucking returned to normal Dec. 13.
From the New York

Homer

by

voted on Dec. 16 to reduce daycoach fares from 2c. to lM>c. a mile.
The action was seen

some

Five-Day Trucking Strike in New York City Settled by Compromise

York

Southeastern

•

in

the

negotiated

A., and returned to work

Southeastern Roads Cut Coach Fares

stated:
the

by

shown

spirit"

18

recognized

meat

A. W.

Regarding the

Dec.

had

companies

agency

"friendly

of

ferences.

Meyer

On Dec. 5 the members of Flint Local 581 voted to accept

Organizations affiliate.
Swift & Co., Armour & Co.,

Industrial

companies involved

the

-

Congress of Industrial

a

piece-work

The strike, affecting, it is estimated, 1,000 workers, was
called on Dec. 12 by Local 035 of the United Meat Workers

•

America,

Organizations unit, in a dispute over the demands of work¬

settle¬

a

Workers of

Automobile

packers and strikers, after the New York

State Mediation

Fisher Plant in Flint, Mich., Ended

at

the strike at

the Fisher Body Plant No. 1,
Flint, Mich., was announced on Dec. 5 by the General
-Motors Corp.
The strike was called on Dec. 2 by the United

York City

Dec. 17

on

Settlement of

of

ended

which

on

Dec. 27 with a

two were significant.

long series

The two

of
un-

^

MONTHLY EEYIEW

Jan., 1939]

usual declarations, adopted unanimously, were a sort of
notification to the rest of the world of American solidarity.

It is
of

lution that "the

peoples of America have achieved spiritual
unity through the similarity of their republican institutions,

tribute to the patience and persistence of Secretary
Cordell Hull that the conference ended with an

a

their unshakeable will for peace, their profound sentiment of

this matter, for a good deal of disunity prevailed

enc to the principles
of international law, of equal sover¬
eignty of States and of individual liberty without religious

State

accord

on

at

times, and during the second week of the. gathering it
appeared unlikely that much progress would be made
toward Mr. Hull's aim of achieving the solidarity state¬
ment.
Differences finally were ironed out, and a compro¬
mise fori&ula fashioned, which was supplemented by a dec¬
laration of American principles, which sets forth methods
of amicable international relations in all spheres.
The real
worth of the two statements may not be known for some
time, however, as there is no immediately foreseeable occa¬
sion for

testing the declarations.

Secretary Hull headed

ican countries likewise sent

recognized in advance

high-ranking officials for what
as

important gathering.

an

It

well understood that Mr. Hull would try to weld all of

was

American

the

republics together, in the face of aggressive
propagandizing by German, Italian and Japanese authori¬
ties and agents.
The settlements of European and Asiatic
nationals

like

countries

in

racial prejudices."

On the basis of such principles, the
"they seek and defend the peace of the
continent and work together in the cause of universal con¬
or

Declaration

Brazil

utilized

being

were

said,

cord."
The preamble further stated that "respect for the
personality, sovereignty and independence of each American
constitutes

State

tained

tinental

maintenance

based;

of

second,

foreign

common

armaments

their

Latin
such

America.
lines

actually

conference
that

To

'began

all

made

was

Lima.

at

intimations

Just before

given

were

the

Washington

at

plans were under consideration for lending funds to

Latin American countries
of

little progress along

appearances

through

Washington, and it also

of the swollen United States

for

the

benefit

of

hinted that redistribution

was

gold stocks might be attempted

countries

south

Whether such hints influenced
ments also appears

the Export-Import Bank

of

Rio

the

Grande.

Latin American

the

govern¬

unlikely.

sustained

and

by

new

principles, the 21 American republics

"First, they reaffirm their

con¬

principles upon wrhich said solidarity is
faithful to the above-mentioned prin¬

that

intervention

the

include

has

ciples and to their absolute sovereignty they reaffirm their
decision to maintain them and defend them against all

any

to

sus¬

solidarity and their purpose to collaborate in the

In advance of the Lima meeting,
Mr. Hull indicated that efforts might be made to extend
States

which

applied

were

On the basis of such

target for charges.

United

order

historically

international

solidarity,

declared specifically that:

the

the

that

agreements

third, and in

of

of

essence

declarations and by treaties in force."

especially for disseminating doctrines that are foreign to
the Americas, and the United States, frequently was made

program

the

continental

by

found expression in the declarations of the various States, or
in

impressive United States dele¬

an

humanity and tolerance and through their absolute adher-

gation to the Lima conference, and all of the Latin Amer¬
was

5

of

American

any

nature

them;

threaten

may

and their determination

concern

coordinating

to make effective

sovereign

respective

their

of the procedure of consultation established

means

by the conventions in force and
American

may

republic is thus threatened by acts of
impair them, they proclaim their

that

solidarity,

will by

that

activity

or

the peace, security or territorial integrity

case

by

declarations of

inter-

conferences,

circumstances may

using measures that in each case
make advisable."
The Declaration fur¬

ther set forth the

understanding that the governments will
independently in their individual capacities, recognizing

act

fully their juridical equality
to

facilitate

as

sovereign States.

In order

the

consultations, it was added, the Foreign
the American Republics, when deemed desir¬

Ministers of

able and at the initiative of any

ton

Nothing was said in Washing¬
to ruffle tempers in the many dictatorial countries of

the

Americas.

character.

It

made of the

was

would

seem,

moreover,

that

110

mention

expropriations of American and British oil

lands, although the protection of such American interests
well might occupy the State Department more seriously

several

their

capitals

of them, will meet in

one

by rotation and without protocolary

Having

achieved this compromise, the delegations late
Saturday agreed upon another statement that was pro¬
posed by Secretary Hull and that is regarded in some quar¬
last

than has been the case in recent years.
Dollar bond de¬
faults by Latin American governments also appear to have

This

"Declaration

been avoided, as a topic of discussion.

need

for

Immediately upon his arrival in Peru, Secretary Hull
began to breathe a spirit of most intense goodwill toward
all of Latin America.
After effusive praise of his hosts,
the Secretary launched into a description of the inter-

tions among nations and adds that each State is interested
in the preservation of world order under
law, in peace with
justice, and in the social and economic welfare of mankind.

American order of

and recommended the

"peace, confidence and consideration for

the welfare of all its

peoples," and he urged that

110

effort

be spared to consolidate the gains made and to assure
tinuance

opened

vides,

con¬

of

our
American
system.
The conference was
Dec. 9 by the Peruvian President, Oscar R. Benawho steered an adroit middle course between ex¬

on

tremes of opinion 011 political matters.
On the following
day Mr. Hull issued his anticipated call for united resist¬
ance to any Power or combination of Powers that
attempts
an armed invasion of the Western
Hemisphere.
The Argen¬
tine Foreign Minister, Jose Maria
Oantilo, endorsed the

declaration 4>y Mr. Hull, but warned that his government
could not very well abandon consideration for the
European
countries that afford
ucts.

Keynote

delegations for
and

in the

carried

011

large

so

addresses
a

could

market for Argentine prod¬
continued

by

the

various

week after the opening of the gathering,

meanwhile intensive private consultations were
in the usual manner of international conferences.

Attempts to formulate
all

a

were

subscribe

not

were

deed, the difficulties

declaration of solidarity to which

a

made

immediately successful.

it

appear

for

a

time

while

peace,

a

willing

to

of

some

in

good

Nothing that

representatives,

statements
customers

sounded

like

that
of

however,

would

the

give

country

were

to

Europe.

military alliance would he
said, and produced a mild draft of their
along solidarity lines.
The differences finally were
•straightened out just before the
a

acceptable, they
own,

meeting

Dec. 27.

adjourned

on

Altogether,

some 110 resolutions were
adopted in
By'far the most important of these was
of Lima, which was intended to evidence

the final session.
a

Declamation

the
of

solidarity of the 21 American republics, and which
the

claimed

countries
as

laration

the

south

of

successor

the

of

Rio

Grande promptly

the Monroe

Doctrine.

A

some

pro¬

Dec¬

of

American Principles, presented
by Mr. Hull,
adopted and follows the Declaration of Lima in
importance.
The scores of other resolutions dealt with

also

was

relatively minor matters of international cultural relations,
health matters and similar items.
All the more
significant
problems carried over from previous Pan-American confer¬
ences

again

were

referred

to the net

meeting, which is to
place in Colombia in 1943.
The differences of the
delegations as to a Lima declara¬
tion were not easy to
satisfy, but the unremitting endeavors
of the various
groups were crowned with a

take




unanimous

of

reso¬

republics

thereupon

State in the internal

any

as

eternal affairs

or

by peaceful

instrument of national

an

supported
"(1) The inter¬
of

(2) all differences of international

character should be settled

of force

proclaimed,

following principles:

another is inadmissible;

(3) the

means;

use

international policy

or

is proscribed;

(4) relations between States should be gov¬
by the precepts of international law; (5) respect for

erned

and the faithful observance of treaties

rule

pensable
between

the

for

development

States, and treaties

constitute the indis¬

of

peaceful

relations

only be revised by agree¬

can

of the

ment

contracting parties; (6) peaceful collaboration
representatives of the various States, and the de¬
velopment of intellectual interchange among their peoples,
between

is conducive to

understanding by each of the problems
as of problems common
to all, and
makes more readily possible the- peaceful adjustment of
international controversies;
(7)
economic reconstruction
of

other

the

an

well

as

contributes to national and international
as

to

peace

mentioned

un¬

offense

in

vention

the

that

warning to possible disturbers of American
delegations were inclined mostly to

join

the

American

is

other

The Argentine

agree.

The

greatest accomplishment of the Lima gathering.

of American Principles" sets forth the
keeping alive the fundamental principles of rela¬

In¬

gathering might end without even a statement along such
lines.
Secretary Hull desired a solidarity statement that
would include

ters as the

a

nations;

among

condition

necessary

well-being, as well
international cooperation

(8)

to the

maintenance of the

afore¬

principles."

Needless to say, every effort was made at Lima to depict
the twin declarations as evidences of enduring peace, and

solidarity, and

as warnings to European and Asiatic dicta¬
torships against any encroachments in any sphere.
Some:
thing of this note crept into the formal speeches that

marked the closing
ances
on

were

Dec.

24 that

declarations
their

sessions, but in general the public utter¬
Secretary Hull declared

restrained and modest.
the

"their

American

principles against

ference."

It

nations

determination
any

to

would

maintain

intervention

or

state
and

in

the

defend

outside

inter¬

safely be said, Mr. Hull added, "that the
principles of conduct upon which the countries of this
hemisphere have chosen to stand firm are so broad and
essential

Solemn

least,

can

that

all

the

assurances

international

world

may also stand upon them."
given that in this continent, at
relations are not governed by force.

were

Dr. Carlos Concha, Foreign Minister of Peru and President
of the Lima Conference, brought the meeting to a close,
Dec. 27,
ments

been

with

and

reached

solidarity.
more

a

speech in which he lauded the accomplish¬
the delegations that a new epoch has

assured

by the Americas in

At

stated

a

his

banquet, late the
faith

in

the

their
same

quiet

evolution

towards

day, Mr. Hull

interchange of

once

views

equals, and expressed his conviction that all Amer¬
republics will, strive to carry out the principles pro¬
claimed at Lima.
In Washington, on the same day, Presi¬
dent Roosevelt voiced the opinion that the Lima gathering
among

ican

was a

great

success.

.

-

MONTHLY' REVIEW

6

to

Mexican Good Neighbor

,

desire to collaborate.

of the United States.

Mexico, however, carries

out in a crude manner that even Mr. Hull has

been forced to describe as

bald confiscation.

series of acrimonious note exchanges,

After

a

long

Mexico finally agreed

payment over a period of 10 years for agricultural
expropriations that are estimated to involve upward

to effect

land
of

$10,000,000 and that stretch back a quarter century.
in December these expropriations were continued
through the seizure of an $8,000,000 American-owned sugar
and vegetable plantation in the State of Sinaloa, for which
compensation is to be made along the lines of the previous
accord, or over a period of many years.
Immediately suc¬
ceeding this incident came news that Mexico had arranged
to make immediate effective payment for Italian-owned
Early

agricultural properties that were expropriated a few weeks
earlier.
'

discrimination

The

manifested

Mexico

in

given further

was

emphasis in

approximately at $450,000,000.

valued

wells

against United States interests thus
the

given the oil from American- and British-owned

treatment

usage

for such

The Mexican

expropriations that international law and

It

require.

seems, moreover,

in Mexico

exists

cern

of the oil which was

early

with

It

was

reported

that Mexico had made a barter agree¬

in December

ment

that no particular con¬

City regarding the use to be made

"baldly confiscated."

Germany, whereurider some $17,000,000 of the

"expropriated" oil would be exchanged for the equivalent
in

German

during

wares

1939.

Clearly

enough,

Mexican

imports from the United States will suffer from any such
The report of the agreement never was denied,

accord.

has also been

there

and

ments that Mexico

contradiction of further state¬

no

plans to sell $8,000,000 oil to the German

that the Italian Navy like¬
wise is to be supplied with oil from wells owned by Amer¬
icans and Britons, but seized by Mexico on flimsy pretexts.

Navy.

It

appears,

and

Berlin

moreover,

area

unquestionably

Rumania seems to be offering

path thorny.

was

more

resistance

of fascism than had been expected in

the German brand

to

A group of Rumanian fascists with German lean¬

Berlin.

ings was exterminated near Bucharest, early in December,

reported ground that they were .trying to escape
This was accepted everywhere as a sign that

the

on

from custody.

King Carol still was uncertain as to whether he would join
with Germany or Russia.
If Rumania stands in

fortunes
the

Nazis will

German

the

way,

find their path to the

Russian Ukraine that much more difficult to

negotiate, but

easily possible that the Rumanian stand merely reflects
desire to bargain with the Reich, for military resistance

it is
a

is

not

started in December,

nationalism was

Since

backing.

man

From Ukrainian centers in
intensive campaign of Ukrainian

likely to be successful.

.

Eastern Czechoslovakia an

there

are

obviously with Ger¬

many

Ukrainians also

in

Poland, there was a tendency for Warsaw to take a more

On Dec. 20 an agreement
of Polish-Russian trade was signed.

friendly attitude toward Russia.
for

expansion

vast

a

Among the European possibilities thus is a bloc composed

Russia, Poland and Rumania, intended to halt the Ger¬

of

eastward.

march

man

Western

For

Franco-Italian
that

for

poor

the

after

mend

years, but fhey seemed about to
Munich compact, for Ambassadors finally

several

appointed on either side, and the hope existed that
of non-aggression pacts might be extended to

were

the

cloaks.

it

been

Europe the chief item of interest was the
and the actual Italian demands
^Relations between France and Italy have

incident,

system

include

French

The

Paris

between

one

and

dispelled by the demands

rudely

Rome.

Such

hopes

were

of the Italian Deputies.

registered an emphatic protest
on
Dec. 3, but the Italian

Government

Government

Italian

with

the

press

merely proclaimed that Italy "is ready for anything

ready to march, if necessary, against France." The
clamor continued and evoked derisive counter-dem¬

and is

Italian

onstrations, in which French students called for Venice and
for the return of Ethiopia to its Emperor.
Premier Edouard Daladier declared publicly

European Accords and Dissensions

and into the Russian

Government

busy in the attempt to augment its influence, but found the

Government could not possibly make the "effective compen¬
sation"

Rome

while the Reich attempts to stretch

German

The

Ukraine.

It is,

affair, intended to work solely for the benefit of others at
this program

between

the Danubian

its tentacles over

indeed, most evident that all of America south of the Rio
Grande regards the Good Neighbor policy as a one-way
the expense

understanding

Northern Africa,

and

at Lima, to augment the Good Neighbor policy of the Roose¬
velt Administration toward Latin America, it can hardly
be said that Mexico shows any

reported

the

that Italian interests will be centered in the Mediterranean

State Cordell Hull did his best,

Secretary of

Although

on

Dec. 5 that France is

resolved "by every means" to assure the absolute integrity
Italian £of all French
territory. The crisis took a turn for the worse
stirring in the witches' brew of European political dissen¬
in the second week of December, when clashes took place
sions, with the obvious aim of gaining some fresh terri¬
in Tunisia between Italian and French residents, but the
torial or other concessions from nations that are inclined
French authorities refused to countenance any nonsense,

in

indications

All

toward peace and

with iron hands.

between

mosity

December pointed

Chamber

an

that do not repress their local dissenters
The month was marked by growing ani¬

Italy and France, and it cannot possibly

be claimed that France
the

toward

Rome

at

was

at fault.

suddenly

Italian Deputies in

interrupted

an

ordinary

shouted claims for French Tunisia, Corsica, Nice
and Savoy, on Dec. 1.
The shouts obviously could not have
been made without the approval of Premier Bentio Musso¬

reported in London, indeed, that press accounts of the inci¬
dent in the Italian Chamber of Deputies were sent out
before it occurred.
French officials promptly and emphati¬
made it clear that no

cally

such territorial cessions ever

if the only alternative is warfare.
The
bickerings
about
the incident that continued through
December suggest that Italy may really want a voice in
the direction of Suez Canal, and some rights in the French

will be made, even

Red Sea port

into the newly-conquered African colony of the Italian

way

discussions for some time to

It is to be

devoted

come.

German

of

on

the

relations"
constitute

situation
noted

an

in

them* in the belief that such relations

essential element in the consolidation of the

Europe and the maintenance of peace.

solemnly

that as between

them "no

They

question of

a

recognized
They agreed also

that, the existing frontier is "definitive."
remain in contact and to consult on all

to

so

French

it clear

on

Dec. 14 that they would object to the

stated

lain

Tunisia

was

common

ques¬

that territorial difficulties might be minimized.
apparently called the new treaty into

authorities

mination
next

to give

Chancellor Adolf Hitler took no inter¬

Franco-Italian




differences,

which

may

be due

of

Commons

that

of the status quo in the Mediterranean.

deter¬
Italy took the
by denouncing on Dec. 22 the Franco-

up no

step in the game

ciation

was

sions.

The

inch of territory.

ratified.

replied on Dec. 426 that the denun¬

accepted, with the door open for fresh discus¬
French note added that no territorial conces¬

stated
the two prin¬

sions would be considered by France, and it also was

firmly

that conversations must be between

ciples only, with "mediation" by others barred.
Both Italy
and France were reported as having sent reinforcements
to

their

respective African colonies.
German-American Relations

*

Diplomatic relations between the United States and Ger¬
many were strained in December, even beyond the mutual
withdrawal

of Ambassadors that

the dissatisfaction

previously had signalized

felt in either country with the methods

The broad causes of the. strain
in the discrimination against
the United States that the German Government exercises,
and that found its natural reflection in a refusal at Wash¬
and

practices of the other.

are

to

be

found,

of course,

ington to extend trade benefits to the
anti-Semitism
ments

than

in
have

added

to the

Reich.

The German

difficulties, and official state¬

Washington have not aided matters, any more
the semi-official vituperations of the German

German annoyance with things American reached

declared in

the

House

Italian accord of 1935 on Tunisia, which never was

lini in his demands for French, Tunisia and other areas.

in

British

Foreign Minister Georges Bonnet repeated the French

press.

To all appearances,

the

covered by the Anglo-Italian agreement pledg¬

ing maintenance

prompt use, for on Dec. 8 it was reported that assurances
had been received that Berlin does not back Premier Musso¬

est

before

territorial

Prime Minister Neville Chamber¬

changes desired by Italy.

Dec.

territorial order remains in suspense," and they

tions,

lini continued the demands and enlarged upon them.
He
pointed out that French Djibuti would be a useful Red Sea
port for Italy, and also indicated that Italy would like to
be represented on the international directorate of the Suez
Canal.
Both the British and French Governments made

agreement

between

his eye on the Suez Canal and on

Gayda, who is considered the mouthpiece for Signor Musso¬

November, repre¬
and French Governments signed

6, a non-aggression compact along the
reached by Germany and Great
Britain in Mtfnich, on Sept. 30, 1938.
Joachim von Ribbentrop, the German Foreign Minister, went to Paris at the
head of an impressive delegation and attached his signature
to the accord, which was signed for France by Foreign Min¬
ister Georges Bonnet.
The two governments agreed to use
their best endeavors to assure pacific and "good-neighborly
Paris,

lines

in

Djibuti when he permitted or ordered the Italian Deputies
to start their demonstrations.
The fascist editor, Virginio

Under arrangements made in

sentatives" of the

Student bands

it was soon made plain that Premier

The French Government

noted, however, that December was not entirely
the diplomats call a "deterioration" of

the outlook.

at

In the Italian press

what

to

repeated.

on

Mussolini probably had

by the affair, which promises to embitter politi¬

not aided

dispersed

were

officials of the two countries.

European relations as a whole naturally were

Government.

cal

of Djibuti, which is the terminus of the rail¬

not

were

Dec. 10 when they attempted to
demonstrate for French territorial concessions, and there¬
after the matter was left to the press and the diplomatic

session by

lini, for there has been no Government repudiation of the
claims, but rather an insistent campaign in the controlled
Italian press for French concessions, and even war was
threatened as a means of gaining the dubious/ ends.
It is

incidents

the

and

Rome

Interior Harold L. Ickes
18, that criticisms
are
justified of two eminent Americans who lately have
accepted decorations from the German Government.
Mr.
a new

height after Secretary of the
a

speech at Cleveland, Dec.

Ickes

indulged

then

denunciation

vigorous

a

vealed

Secretary of State Sumner Welles re¬
rejected the pro¬
for an apology.
Mr. Welles made it clear

test and demand

criticisms

by

Americans

of

other

Americans

were

governments,
and Mr. Welles added his personal opinion that references
to public indignation in the United States over the perse¬
cution of Jews elsewhere "certainly represented the feeling
of the overwhelming majority of the people of the United
States."
German authorities apparently did not care to
break diplomatic relations with the United States entirely,
but they indicated at the year-end that relations with Wash¬
ington are not likely to improve while such views prevail
as Mr. Welles expressed.
hardly

matter for discussion with foreign

a

As the climax of immense and openly conducted prepara¬

tions, insurgent forces in Spain started on Dec. 23 another
huge battle against the loyalists, with the intent of ending
the

The surprisd^element

conflict.

long-drawn

was

com¬

the latest assault of the troops led by
Franco, for all the world knew weeks
in advance that the insurgent command was preparing for
a drive toward Barcelona and the Mediterranean.
Espion¬
pletely

lacking in

General

Francisco

for

the movement

wintry weather held up

activities and

age

time, but General Franco apparently decided to pro¬

a

despite all obstacles in order to gain what advantage
be reaped from the continued presence of Italian
forces in his ranks.
The British Prime Minister, Neville
ceed

might

and it is
withdrawal of all
Italian
"volunteers"
from
Spain.. Altogether, close to
500,000 troops engaged in the latest battle in Spain, with
the loyalists more numerous while the insurgents are bet¬
ter equipped.
The insurgents, moreover, have virtual com¬
mand of the air, which is an enormous advantage.
General
Franco drove directly toward Barcelona in his venture,
but the loyalists contested every foot of ground bitterly.
Small but steady advances were reported by the insurgents,
and the loyalists admitted the modest movements.
At the
Chamberlain, is

Rome in mid-January,

visit

to

believed

generally

he

will

the

urge

end of December it did not seem that General Franco would

alile

be

collapse of the loyalist defense
Within the ranks on
both sides, however, a good deal of disaffection and intense
war-weariness is reported by independent observers, which
makes the future course of affairs in Spain entirely un¬
and

to

bring about

a

early ending of the strife.

an

predictable.
Far

East

lighting in China during December was almost entirely
of

the

guerrilla

in

on

this

hands

manner

of

the

maneuvers

since

variety,

population against the

formal

resistance

by

the

Japanese aggressors is best carried
that

now

all ports

of entry are in the

a
few large-scale
but clashes were mostly
The Chinese Generalissimo, Chiang Kai-shek,

There

Japanese.

far

inconclusive.

the

in

were

interior,

made it clear in the

early days of January that the conflict
A former member of his Government jour¬

is to continue.

neyed to Hongkong with the announced intention of nego¬

tiating
Work
the

him

rushed

was

capital,

new

receiving
unequal
The

with

peace

a

promptly read

on

invaders, and General. Chiang
fhe Chinese Nationalist party.

the

out

of

a new

motor

highway from Chungking,
Burma, in the expectation of

to British

supplies

via

that

route

continuance

for

of the

vast area of

farther.

are

in

doing in the present

nominal

of

control

a

China, and apparently intend to extend it even

Guerrilla fighters make the hold of the aggressors

precarious in many regions.
elements

were

injected into the

situation during December.
Following the precedent set by
the British Government, officials in Washington announced
Dec. 15 that

on

a

credit of

the Export-Import Bank of

York

concern

and

cultural

for the purpose of

manufactured

a

New

supplying China with "agri¬

The official finan¬
cial support thus extended to the Chinese Government by
Great

Britain

and

the

products."

United

States

augmented

was

by

American

another

note to Japan, on Dec. 27, demanding
policy of the "open door" be observed in China.
Japanese authorities found the loan procedure irksome in
that

the

the extreme,
on

for Foreign Minister Hachiro Arita

Dec. 19 that the loans

are

declared

"regrettable" and "dangerous."

The Minister added, however, that his criticism applied only
if the loans were directed against Japan.
The Japanese
press was

poured

less restrained than the official

denunciations

over

the

British

spokesman and

and

United

States

Governments.
Steel Trade—Non-Ferrous Metals

^

The steel trade closed the month of December with opera¬

tions

at

the

lowest

point

since

July,

1938,

seasonal

and

holiday factors being mainly responsible for the nation-wide
decline in the steel ingot rate.
Non-ferrous metals were
quiet and showed little activity, except for lead.
After
being reduced from $14.92 to $14.75 a gross ton on Dec. 6,
1938, the "Iron Age" composite price of steel scrap returned




period of 1937, indicative of the
steelmaking the past six months.
De¬
mand for steel products was affected in varying degree
by year-end influences.
Structural shapes and concrete
reinforcing bars continued active under the stimulus of
construction programs, mostly Government-financed.
Book¬
ings of such products to a large extent offset the falling
off in spot demand from buyers who were attempting to
curtail inventories.
Shipments out of warehouse stock in
December were maintained considerably better than antici¬
the

from

corresponding

recovery

in

pated.
Consumer inventories of certain products are un¬
usually low and are expected to be replenished soon.
In a
few items, principally sheets and strip, some tonnage re¬

shipped against orders placed several months

mains to be

at price concessions, and a general upturn in new busi¬
ness is
not looked for until late January.
Shipments of
ago

building and engineering construction
tained at a fairly high

materials will be sus¬

rate for several months by the large

public works contracts placed recently.
continue on a four-day week. Mills
have a fair volume of railroad orders for early. 1939 rolling.
The steel industry enters the new year with prices steadier
than in many months past."
The same publication on
Dec. 29, 1938, announced that world output of steel ingots
and castings for 1938 was 107,523,000 gross tons, 19.5%
less than the production of 133,616,000 tons for 1937.
For
pig iron and ferro alloys, estimated output is 80,802,009
tons, compared with 102,046,000 tons in 1937, a decline of
20.8%. Output of both steel and pig iron in 1938 was lower
than in 1936, but higher than in any intervening year

tonnage involved in

Most automotive plants

between 1929 and

1936.

rate of steel companies having approxi¬
mately 98% of the steel capacity of the industry, accord¬
The

operating

ing to the American Iron and Steel Institute, was scheduled
at 38.8% for the holiday week beginning Dec. 26, 1938, the
lowest rate since the week of July 25, 1938, when opera¬
tions

the

at

were

rate

of

It also

37.0%.

compares

with

51.7% for the week beginning Dec. 19, 1938 ; 57.6% for the
preceding seven-day period; 59.9% for the week beginning
Dec. 5, and 60.7% for the week beginning Nov. 28.
The
high for the year 1938 was made during the week begin¬
ning Nov. 14, when operations were estimated at

62.6% of

At the close of December, 1937, operations were
reported to be at the rate of 19.2% of capacity ; at the
close of 1936 at 77.0% of capacity, an$-=at the end of 1935

capacity.

at

46.7% of capacity.
to non-ferrous metals, "Metal and Mineral Markets"

As

reported during the month in substance as follows:
The
unsettlement in the foreign market for copper

continued

forced

the month to Dec. 27

remain

Some fresh international

1939, "Steel" of Cleveland stated

"Total production of bessemer and open-hearth
ingots in 1938 was about 28,000,000 gross tons, thus placing
that year ahead of 1931, 1932, 1933 and 1934, but showing a
substantial decrease as compared
with any other year
since 1921.
The decrease from 1937 production was 43.5%.
The second half of 1938 showed a decrease of only 17.0%

Washington in favor of

indications of what the Russians
inviders

of Jan. 2,

issue

its

part:

$25,000,000 had been opened by

supply route from French Indo-China apparently has

been closed under Japanese threats, and there are no clear
The

In
in

foreign producers to take further action on produc¬
and on Dec. 7 it was announced in London
that the Cartel would restrict production for the period
beginning Dec. 15 and ending Dec. 31 to 105% of the basic
tonnages, and that on Jan. 1, 1939, output would be estab¬
lished at the rate of 100% (this canceled the action taken
on
Nov. 23 last to produce copper in the foreign field at
110%).
Buying of copper for domestic account continued
quiet, as most consumers were well covered, sales of this
metal for the week ended Dec. 6 amounting to 3,287 tons;
for the following week to 3,487 tons; for the week ended
Dec. 20 to 2,848 tons, and for the week ended Dec. 27
to 1,632 tons.
Sales of copper in the domestic market for

Japanese army.

struggle against the mechanized

situation.

the close of 1937.

sharp

Spanish Civil War

the

during

figure

Dec. 22 that he had summarily

on

on
Dec. 13, 1938, and held at that
remainder of the month; steel scrap
at the close of 1937 was $13.75 a gross ton.
The "Iron Age"
composite prices of finished steel and pig iron were un¬
changed during December, closing the year at 2.286c. a
pound and $20.61 a gross ton, respectively, and compares
with 2.512C. for finished steel and $23.25 for pig iron at

basis

former

the

to

antiWash¬

of

but Acting

ington,

that

in

German authorities lodged a protest at

Semitism.

7

MONTHLY REVIEW

Jan., 1939]

tion

with

quotas,

^mounted to 12,354 tons, as compared
12,524 tons for the full month of November and 78,288

tons for the month

of October.

Copper producers through¬
quote on the basis

out the month of December continued to

of

1114c., Connecticut Valley basis. Buying of lead reached
large proportions during the last three weeks of
December, sales of this metal amounting to 1,060 tons for
fairly

the week ended Dec. 7;

day period;

5,576 tons for the succeeding seven16,287 tons for the week ended Des. 21, and

6,111 tons for the week ended Dec. 28.
the

price of

York, and

on

4.85c. basis.

lead

was

reduced

Dec. 9 to 4.75c., but
Sales of the

Effective Dec. 6,

front 5.00c.

to 4.85c.,

New

Dec. 19 returned to the
grades of zinc amounted

on

common

to

1,728 tons for the week ended Dec. 3; 3,301 tons for the
following seven-day period; 1,896 tons for the week ended
Dec. 17, and 5,369 tons for the week ended Dec. 24.
The
price of zinc continued throughout the month under review
at 4.89c., New York.
The tin market was moderately active,
prices moving within narrow limits, the quotation on Dec. 1
being 46.12%c., New York, and at the close of the month
46.50c.; the low was 45.85c., reached on Dec. 9, and the
high 46.75c., reached on Dec. 29.
Tin operations were said

to

be about at

40% of capacity at the close of the nibnth.

8

MONTHLY REVIEW
Lumber Movement

"Notwithstanding tlie

Tlie lumber

industry during the week ended Dec. 24, 1938,
stood at 52% of the 1929
weekly average of production
and 56% of average 1929
shipments, according to reports
to

the

National

Lumber

Manufacturers

regional

associations covering
hardwood and softwood mills.

Association

from

the* operations of important
Production was about 63%,

the

rise from

and

leather

cently
to

advance

reporting
that

every

region

but one showing considerable
gqin over
Reported production, was 58% above and ship¬
62% above the corresponding figures for the same

year.

ments
week

in

1937.

For

softvvoods, production, shipments and
respectively, 63%, 62% and 26% greater

orders were,

new

than

in

New

the

1937

week.

six

'•

,

No. of
Mills

Week Ended—
17

Production

549

Dec,

10

Dec.

3

563

560

regions

but

\

Western

Pine,

Southern

the

ended Dec. 24, 1938; all
Pine regions reported

Northern

223,394,000
232,092,000
236,393,000
226,365,000

to subnormal
proportions.
Re¬
tendency for the supply of hides

a

to increased imports and a seasonal
slaughtering.
In the coming months the poorer
of winter hides and the prospect of an increased
grain-fed cattle to slaughter are adverse price
deter tanners from making substantial

factors, which may
commitments for

hides, particularly if shoe manufacturers'
present holdings of leather prove to be larger than are now
estimated.
The possibility, on the other
hand, that mar¬

ketings

of lower-grade cattle

the outlook for
forward

setting

good shoe

a

orders

new

below

but

Cypress

Western

shipments

and

production
Pine

below

in

and

output;

all

regions but Northern Hardwood reported orders above
those for the
corresponding week, of 1937; all regions re¬
ported shipments above last year, and all
except Northern
Hemlock

and

above the 1937

Northern

Hardwood

reported

production

wegjk,

The

"While retail

sales of footwear
.recently have improved,
they have failed since August to keep pace with the increase
in

buying by distributors should provide enough off¬

limits

row

taken

to

over

statistical
looked

cover

leather

and

will

have

used

were

to

turn

in winter

though

even

supplies

to

more

of

low-

expensive

shoes.

Early sales of
spring footwear were slow,/but trading recently has turned
more active and
many factories already are operating at a
good
may

December

rate.

therefore

though

production

close to

run

for

the

entire

volume of November, even
latter month include a sub¬

figures for the
slipper business for the Christmas trade.

"With

the

purchasing

outlook

general

by

power

the trade looks for

a

reason

normal

pointing to increased public
of higher industrial .activity,

spring shoe

grade men's shoes
footwear

is

should

near

future

stimulating factor.
Prices of highshowing small increases, but women's
unchanged.
Profit margins of some

are

mostly

manufacturers

The likeli¬

season.

hood that any adjustment in shoe
prices in the
will be upward is a

which

industry

the

the

stantial

may

thus

be

narrowed

be

partially offset by the
normally are available in

somewhat,

numerous

making

but

small

warm

this

savings
weather

shoes.

"The

leather

market

lias

become

more

active

following

about six weeks of quiet trading.
Large amounts of side
leathei\in natural colors and black patent leather have sold
at steady prices.
Smooth calf in colors for women's shoes
also has

had

good demand at the price level established
while crushed kid is moving in fair
amounts.
Tanneries are operating close to
capacity in mak¬
ing deliveries against orders received in October.
"Moderate sales of sole leather are reported at
prices
which are only fractionally below, the last
trading levels of
early November.
Some tanners curtailed operations slightly
in

a

mid-November,

in

September and again in November, but the production
leather/continues well above the low point of a year ago.
The next three months normally are good ones for
tanners,
and prospects for orders to supplement the substantial sales
of

made in

October

are

considered favorable.

"Following three weeks of dulness
industries entered

as

the shoe and leather

their between-seasons

ered

tanners

favorable demand from Amer¬

and

prices in that market recov¬
decline which had taken place from the

part of the
October high point.




sufficient

to

little prospect for a revival of any aggressive demand from

countries

during
the
1939-40
season.
Thus,
supply and demand angle, the situation was
considered hopeless so far as furnishing any incentive to
viewed from

a

pull the wheat markets out of the

rut into which

they had

settled.

However, the outlook for the forthcoming crop
northern hemisphere was regarded as none too favor¬

in the

and

prospects for a short crop this coming summer
investment buying which absorbed the offer¬
ings.
The United States Department of Agriculture esti¬
mated the current prospect at
485,000,000 bushels, or about
200,000,000 bushels less than were harvested in the present
season.
If the spring wheat acreage is held down to about
17,000,000 acres, in accordance with the Government's acre¬
age goal, and average spring wdieat yields are
realized, it

production
In

will

a

other words,

requirements.

Growing

strong possibility that the 1939
from*

650^90,000 to 700,000,000

will not exceed average domestic
conditions

in

large

of

areas

the

Southwest remain unfavorable.

According to latest reports,
the drought in the Southern plains
area, including much of
Texas, has been intensified, with much deterioration indi¬
cated.

Wheat is said to have lost ground in
Kansas, with
evident in other sections of the
Southwest,

deterioration
while
in

the condition in Oklahoma is recorded

history with the exception of 1934.

the lowest

as

Throughout

part

a

of the Southwest the crop is threatened with the
possibility
of a large winter kill
resulting from poor root growth.

Corn,

oats

wheat.

and

rye

more

less

or

followed

the

trend

of

In

regard to corn, the United States Department
of Agriculture placed the crop at
2,542,238,000 bushels, com¬
pared

with

2,651,284,000

bushels

last

and

year

a

1927-36

of 2,306,157,000 bushels.

average

Although the current pro¬
duction is sufficient to fill all
needs, a strong statistical
position as regards "free supplies" is indicated as a result
of the Government loan.
In Chicago the May wheat
option
closed

Dec.

on

31

65 %c. on Dec. 1.
at

at 69c. as against an
opening price of
At Winnipeg the May wheat option closed

62% c.

as against an opening of 61 %c. on Dec. 1.
May
Chicago closed on Dec. 31 at 52%c. compeared with
an opening of 51 %c. on Dec. 1.
May oats closed at 30c. as
compared with an opening of 27 %c. on Dec. 1.
May rye

in

corn

closed
on

at

48%c.

as

compared

with

43%c.

opening-of

an

Dec. 1.
Sugar

Sharp

price

declines

featured

.

the

market

for

sugar

"futures" during the past month.
Secretary Wallace's sur¬
prise estimate late on Dec. 3 of a quota of 6,832,157 short
tons

was

several

the

chief

hundred

estimates,

and

depressing factor.

thousand

prompted

of the sugar trade was

so

"in

tons

heavy

These figures
of

excess

average

liquidation.

were

trade

Indignation

great at the size of the Secretary's

estimate

that it was generally conceded action for new
legislation in the coming session of Congress would
be started immediately.
Although it was generally believed
sugar

while

traders and

be

upon

importing

subsequently responded to
ican

would

that

mixed

hides improved in

a

nar¬

as being extremely bearish.
It was pointed
exporting countries have, after allowing for nor¬
mal reserves, more than one year's requirements of
im¬
porters, while reports regarding European crops held out
out

period, trading in
early December when the packers
marked down their prices by about 2c. per
pound.
The
futures market previously had discounted this situation
by
undergoing a sharp corrective movement.
Buenos Aires
spot

sales

export

bushels.

materials than

a

decline in prices of consequence.
From a,
standpoint, the world's wheat
situation
was

manufacturers

priced

on

any

run

their

prices

the undertone more or less easy.
Subsequently the market
developed firmness and prices scored moderate gains.
Sen¬
timent during tlie early part of the month remained
gen¬
erally bearish because of the statistical position, but there
was an absence of aggressive selling
owing to fears that the
amount of grain that will go into the Government loan and

is

spring shoes

exhaust

leather

during the early part of the past month, with

total

soon

and

Grains

is claimed that there

may

hide

steady basis."

shoe production which for five
months has run well
ahead of last year.
Buyers accordingly have hesitated thus
far to pay increased

for

with
some

encouraged

First National Bank of
Boston, in its "New England
Letter," under date of Dec. 31, comments upon these mar¬
kets as follows;

prices

coupled

prospect'of

and the

Prices in domestic wheat markets fluctuated within

able,

Hides, Leather and Footwear

decrease,

may

run

strength to maintain

prevent

179.611,000

Pine

week

{Feet)

194,613,000

185,027,000
217,904,000

Northern

reported

Orders Ueceived

{Feet)

'

193.492,000
195,157,000
189,216,000
167,872,000

549

Nov. 26

Shipments

{Feet)

quotations,

response

movement of

weeks.

0

hide

in

quality

in the week ended Dec.
3, 1938, were the
reported since July, and shipments were heaviest

follow:

All

in

reasonably

„

During the week ended Dec. 24, 1938, a total of 482 mills
produced 168,789,090 feet of hardwoods and softwoods com¬
bined; shipped 178,789,000 feet, and booked orders for
170,941,009 feet. Revised figures for the four preceding weeks

Dec.

rise

been

has

orders

heaviest
in

1937,

in

reduced

were

there

same

above those booked in the
corresponding week of

setback

April low point has been sharp and has
carried prices somewhat above the
average for the past 10
years.
The rise came at a time when shoe production was
running better than seasonally, and stocks of both liides

shipments about

82%, and new orders about 73% of the
figures for the corresponding week of : 1929.
Due
partly to the fewer mills reporting and partly to year-end
shut-downs, nevr business, shipments and production during
the week ended Dec./24, 1938, were all
appreciably less than
in the preceding week.
New orders, however,, were 27%

latest

the

that

the

pressed
of

low

longer

worst

as

to

was

the

now

future

optimistic

views

inventories of
those

of

supplies

an

known,
based

refined

opinions

of

course

prices.

their

sugar

opinions
in

opposite viewpoint

are

held

back

the

were

decidedly

Those

who

on

consumers'
contended

greater

ex¬

reports

hands,

that

the

be

the

will

pressure on the market when producers start to sell.
of Cuban raw sugars were few and far

between, and

Sales
con-

sisted

the following,

of

all exclusive of duty:

control

On Dec. 5

the

8.58c.

again altered to 4.35c.

it

held

to 4.45c., at

which level

side

early

part

undertone

lines,

and

of

the

the

latter

past

month,

developing

part.
With roasters on
Brazil that Brazil was

from

rumors

a

chants'
64x60's

con¬

Colombian

will

crop

There were

be

No. 7 Santos

than

early

anticipations.

reported from Brazil.

Dec. 31 at 6%c. against 7@
71/4c. Nov. 30, the same as on Oct. 31; 6%@7c. Sept. 30;
0%@7%c. Aug. 31; 6%@6%c. July 30, the same as on
June 30, May 31 and April 30, against 6%c. March 31;
8%@9c. Feb. 28, and 7%@7y2c. Jan. 31.
No.

7

Rio

quoted

was

was

Nov. 30, the same

From

that

point

gradual

a

rally carried

to a

Print

hands.

cloths

River

Fall

at

again quoted at 3%c.

was

28-inch

for

throughout the month.

60x64's reacted to 3%c. to 3%c. Dec. 31
3%c. Nov. 30, while Osnaburgs were
unchanged at 6%c. to 6%c. Dec. 31.
The report of the
Census Bureau, issued Dec. 14 and covering the month of
November, showed apother substantial increase in
the
United States consumption of the staple, both as compared
with the previous month and the corresponding month of
last year.
The amount consumed in November was given
as
596,289 bales of lint and 66,822 bales of linters as
against 542,778 bales of lint and 72,109 bales of linters in
October, 1938, and 482,976 bales of lint and 57,619 bales of
linters in November, 1937.

Latest reports indicated that the

smaller

further developments

no

was

The price of 27-inch

on

quoted on Dec. 31 at S^c. against 5%c.
Oct. 31 and Sept. 30; 5%c. Aug. 31;

3%c.

against

as

Subsequently, however, offerings subsided and the

markets became steadier.

13.

quotation

the

sidering the liquidation of part of the loan coffee, support
was lacking, while there was scattered
liquidation by tired
holders.

York

leading to predictions that sustained activity may be
anticipated after the turn of the year, because of the gen¬
erally depleted state of inventories in converters' and mer¬

The markets for coffee "futures" continued to drift lower

the

New

in

way

Coffee

steadier

here

the end of the month, a strong buying movement got under¬

during the remainder of the month.

during

cotton

and, after minor fluctuations, declined to

ket was very quiet during the larger part of the month.
About the middle of the period, however, and again towards

was

range'was

Dec.

1

high of 8.91c. Dec. 28, with the price
quoted at 8.88c. Dec. 30.
Trading in the gray cloths mar¬

quoted at 4.50c. to 4.55c. until Dec. 13, when
quoted at 4.40c. to 4.45c.
On Dec. 14 the

was

range

Dec.

on

the

Spot

legislation.

8.95c.

December shipment at 2.00c. c. & f., and January shipment
at 1.95c. c. & f., and on Dec. 21 January shipment at 1.97c.
c.
& f.
The wholesale list price for refined, immediate

delivery,

9

MONTHLY REVIEW

Jan., 1939]

to

The woolen goods market was less active than heretofore,

as on

chiefly, however, because of previous heavy buying by

4%c. July 30, the same as on June 30 and May 31; 4%c.
April 30; 5%c. March 31, and 5%c. Feb. 28, the same as

users

the

and

inability of producers to accept further orders for
nearby delivery. With the backlog of unfilled orders being
close to record figures, continued active operation of most

Jan. 31.

for

mills

Rubber

women's

Crude rubber,

extended

an

fabrics

wear

period

is

remained

after early irregularity, followed a steady
trend during most of the month.
Supporting factors were
the

in

Business

assured.

quiet,

in

although the better

flow of winter apparel in

improvement in the technical
reports from tire manufacturing
earlier optimistic estimates of

the

further decline

of

position of

the market,

garment manufacturers.

centers indicating that
consumption will materialize,

Japanese double extra 13-15 deniers'

were quoted Dec. 31
$1.84@$1.89 against $1.75@$1.S0 Nov. 30; $1.81@$1.86
Oct. 31; $1.80@$1.85 Sept. 30; $1.77@$1.82 Aug. 31; $1.79@
$1.84 July 30; $1.76@$1.81 June 30; $1.56@$1.61 May 31;
$1.62@$1.67 April 30; $1.55@$1.60 March 31; $1.65@$1.70
Feb. 28, and $1.65@$1.70 Jan. 31.

at

tire manufacturers'

inventories, and
the decrease in world stocks of crude
rubber, amounting to
12,000 tons during October, and estimated at 20,000 tons for
November.
totaled

United States rubber consumption in November

46,048

tons, equal to an increase of 14.2% over
1938, and of 35.3% over November, 1937.
With
shipments well within quota limits, and with
further substantial buying on the
part of tire factories
anticipated, because of the greater willingness of dealers

In

October,

tion

manufacturers
of

an

to

enlarged

add

to

demand,

their

the

inventories

outlook

for

in

closing days of
favorable factors in
Ribbed

smoked

the month

served

to

neutralize

en¬

Jan.

some measure.

their

Irregular

although towards the end of the month
sentiment appeared

as

of

showing,

%

the

influences.

Sentiment

particularly toward

the

end

among

of

it

in

the

reversal

of

and

stocks,

leaving

staying

enable

within
oil

the

man

a

the
to

of

limits
put

powders in the hope of

market

demand,
his aspirin and

away
a

more

generally

satis¬

"Devotees

of

the

Oubist

school

will

find

much

to

their

liking in the picture which the oil industry is just complet¬
ing of operations in 1938.
But, to the majority, it will
appear

nate,

strange mixture

a

apparent

of colors frequently having no
Darker shades predomi¬

relation to each other.

but

creased

there are some unmistakably bright spots.
In¬
consumption of motor fuel, higher exports and re¬

duction in

crude stocks contrast with

an

unwanted growth

of

products in storage, over-activity on the part of refiners,
and a gradual weakening of product prices which ultimately
had the effect of undermining crude quotations.
"Let

us

see

how

article continued.
of

steady¬

ing factors, and considerable interest was aroused
by pro¬
posals that next year's acreage be further
drastically re¬
duced, and growers be compensated by allotments of loan

the year.

curve

during

the total

the picture

mand

the

Despite the downward sweep of the business
a

good part of the year, indications are that
for all oils in 1938 will slip back little

demand

barrels.

.

looks at close range,"

"All figures are estimated as of the end

from last year's all-time record

cotton.

crop

7,500,000 barrels of

industry continues its fine record of 1938 in reducing

headache

the

In the closing days.of the month increased
irregu¬
larity developed, chiefly induced by the
uncertainty regard¬
ing the attitude of the new Congress concerning cotton

about

of

fuel

factory year.

sharp upturn in the
United States con¬
sumption statistics for the month of November.
Moreover,
the further heavy movement of the
staple into the Govern¬




daily average production for the country from
exceed 3,000,000 barrels (2,500,000 bar¬
Rocky Mountains) the industry will get by

winter accumulation

a

should

downward trend of security prices, the
sale of gray goods, and the favorable

ment loan stock continued to act as one of
the chief

stable,

of the

poor showing of the export movement
disappointing reports from the cotton goods market
resulting in predictions of impending curtailment by domes¬
tic producers.
The outcome of the referendum on market¬
ing quotas for 1939 was regarded as being
open to conjec¬
ture.
The better sentiment
developing during the second
cause

a

waste

and

its

on

backlog of 83,000,000 barrels
with which to start the main consuming season on April 1,"
it continued.
"This, assuming that the production branch

kets, the continued

had

operate

motor

rally took place.
Chief causes of the
the further reaction in the
security mar¬

month

during 1937 and 1938 and

does not

on

with

a

the

1

well

hands, and the general expecta¬
sharp industrial rebound following the turn of the
year.
Raw cotton in December, during The first half of
the month, followed a
reactionary trend.
Later in The

of

the

as

the moderate level of inventories both in

half

suggested by "The Lamp," which pointed

accumulation of stocks

imperative for the oil industry to

Jan.

wholesalers'

were

further

the

year was

that

"If

wholesalers,

retailers'

fair-sized

than

market-demand-only production basis.

month, gave
early substantial improvement in business,

a

rather

the lack of any sign of increased demand during 1939 made

the

on

early decline

strengthened

rels east of the

an

period

.

cov¬

indications of

tion of

be

and

in

chiefly based
and

in

oil

new

out

hand, to lower price levels, and, on the other hand, to
the disposition on the part of the
buying public to give
preference to popular-priced merchandise.
Wholesale trade,
aside
of
occasional
buying flurries in connection with
rush replenishment orders for
holiday gift items, remained

pre-year-end

opera¬

move for coordination of production of
refining activities with market demand for
the crude and finished products was the Standard Oil Co.
of New Jersey, which issued a strongly-worded warning
against excessive production and refining operations in an
editorial in "The Lamp," its house organ.
A limit of 3,000,000 barrels daily average outturn during

one

however,

industry

Leader

crude

generally better
Retail business, in

dull, reflecting the continued caution of merchants
ering their January and early spring requirements,

pointing to the need for restrained

throughout 1939 in order that the statistical position

the

weakened.

a

to be under way.
passing through the holiday buying period, was helped

predominant note in the domestic petroleum industry
the year closed was that of caution, with leading factors

tions

favorable weather conditions, but the total volume of
sales
continued to hover below last year's
figures, due, on the

as

31.

in the oil world

|

continued

double

against $1.65@

Petroleum and Its Products

sheets

trades

Japanese crack

The

Textiles

textile

20-22 deniers

these

for spot delivery were quoted at
16%c. asked pec. 31 against 16%c. asked Nov. 30; 16%c.
asked Oct. 31,
the same as on Sept. 30; 16%c. asked
Aug. 31; lGVsc. asked July 30; 14%c.vasked June 30; ll%e.
asked May 31; 10% c. asked April 30; 10%c. asked March
30; 14%c. asked Feb. 28; 14%c. asked Jan. 31.

The

the

quoted at $1.79@$1.84 Dec. 31

$1.73@$1.78 Oct. 31; $1.6S@$1.73 Sept. 30;
$1.67@$1.72 Aug. 31; $1.69@$1.74 July 30; $1.67@$1.72
June 30; $1.48@$1.53 May 31; $1.57@$1.62 April 30 ; $1.48@
$1.53 March 31; $1.59@$1.64 Feb. 28, and $1.48@$1.53

hancement of crude rubber values is regarded as
promising,
although the recurrent weakness in the sterling rjite during
the

of

case

were

$1.70 Nov. 30;

expecta¬

further

the

extra

November

and

consuming channels was reflected
steady demand for certain types of wanted goods by

a

consumption of 1,340,000,000

Estimates place the 1938 domestic and export de¬
for crude and products at 1,320,000,000 barrels, a

decline of 1.4%.

10

MONTHLY REVIEW

"Getting down into the list of individual items,
wide

a

disparity.
showed

previous

a

gain

over

demands

product,
increased

find

we

Motor fuel, the industry's number
from

one

abroad,' although

the

due

year

to

domestic con¬
sumption remained steady.
The total will be about 566,400,000 barrels, an increase of 1.7%.
The biggest slump
came

eral

in fuel oil

consumption—always a barometer for gen¬
industrial activity.
Domestic and export demand for

these oils is

expected to total 307,000,000 barrels, a decline
of 10.4% from the preceding year.
Gas-oil and distillate
rallied from

an

unfavorable first half and

are

expected to

furnish the year with consumption of 147,800,000 barrels.
"Faced with excessive stocks

on

its

shelves, the producing

branch of the industry cut its output to an estimated daily

of 3,320,000

average

with

5.3% below last

barrels,

This

year.

17% increase in crude produced during
1937 over the previous 12 months.
Drilling, too, was cur¬
tailed, only 26,000 wells being put down this year, a reduc¬
compares

a

Compact Commission
possible was voted by the Compact at its meeting in Fort
Worth on Dec. 16.
Although California still has not for¬

16.4%."
"The Lamp's"

observer
would

survey voiced a sharp rebuke for the refin¬
branch of the industry, pointing out that' "as in 1937,
refiners ran through most of the year with little regard for

threatening accumulation of stocks behind them.

strictly

1937

the

on

crude to stills of

bad.

the

average,

daily

average

Rated
runs

3,200,000 barrels during 1938 didn't

Indeed, they represent

of

appear

reduction of nearly 2%.
in refinery output of
11% and a boost in motor fuel stocks of 14,200,000 barrels.
so

1937

But

the members of the group as yet, its
meeting held forth definite hope that it

the

at

proration laws

pass

shortly

which

would

make

eligible to become a full-fledged member of the group.
California, late in the month, independents gathered

it

In
to

production down from its present top-heavy figure
to figures more compatible with market demand.
Elliott
Roosevelt, second son of President Roosevelt,
aroused considerable controversy in a radio speech delivered

bring

on
the Texas radio network which he heads on the day
following the Compact meeting, in which he warned the oil

industry that unless its leaders develop an efficient
of

self-policing, Federal control of the industry was
gone conclusion.
Should the Government once again

means

fore¬

a

assume

control of-the oil

industry, he said, "it would be a sad day
industry."
Mr. Roosevelt added:
"The industry
reached a forked road in its progress."

has

Advanced

ing

the

joined with

mally

for the oil

of

tion

lation which makes the Interstate Oil

itself

showed

an

a

increase

The

gain in product storage during 1938 of 28,000,000 bar¬

rels

tells its

story.

own

"The stock picture is a scrambled one.

On the crude tank

by Mr. Roosevelt in his Dec. 16 speech

was

a

proposal for "a strong, cooperative interstate oil compact"
as the best solution for the industry's ills.
Should that type
of solution not be adopted, he contended, Harold L. Ickes,
Secretary of the Interior, and long an advocate of Federal
control of the oil industry, will back a bill in the next Con¬
the national

give

to

gress

Government "full control

over

the

producing and refining of oil."
Secretary of the In¬
terior Ickes refused to comment, although a spokesman said
unofficially that Mr.^oosev&lt's remarks were repetitions
Ickes has been saying for years.

of what Mr.

Mr.

denied

reduced burdensome stocks almost

It was also

its January market

as

much

again.

In spite

of sustained demand and lower refinery

the close

of

the

year,

throughputs toward
finished motor fuel stocks were in¬

creased

by about 1,000,000 barrels.
Slight as it was, this
further upset the product market, for in 1937 the industry
had

added

14,200,000

barrels of gasoline

to storage, and
this excessive accumulation had the inevitable undermining
Residual

effect.

to

that

Ickes had

farms, the industry did a good job.
Crude petroleum in
storage was 36,000,000 barrels lower than in 1937, which
not
only wiped out the surplus stored in that year but

Congress for oil control.
United States Bureau of Mines

The

month

United

year.

Coast."

West

of

paragraphs of the

the

clouds

survey were devoted to the

which

hung so heavily over
most of the world during 1938.
"The spectre of war which
has hung over a worried world during the past few years
war

reached

alarming proportions in 1938 and sent nations
scurrying to fill their oil tanks against the possibility of
national emergency.
On top of a one-third increase in ex¬
ports of crude and products in 1937, the current year (1938)
indicates a further increased demand from abroad of 11.5%.
Exports of crude and products will probably total 192,300,000 barrels for the year."
The answer to one of the most worrisome problems con¬
fronting the oil industry—that of Texas's oil production
policy after the change in control of the Railroad Commis¬

sion op

Jan. 1—was furnished in a surprise announcement
mi<j-inonth by the Railroad Commission that the week¬

in

end shutdown for all Texas wells would he continued
the

entire

first

during

daily market de¬
Total demand for

101,390,000 barrels for

States market.

Crude stocks showed their first upturn in months during
the Dec. 3

period, and continued to gain during most of the

in

issued

by the United States
The latest report, which
period ended Dec. 17, showed stocks of domestic

covered

reports

Bureau of Mines up to month-end.
covered the

'

The closing

question

from the

average

during January, 1937.

crude oil during January was set at

last

came

crude

for

period

Most of the additional supply

3% below the actual

and

mand

tanks.

increase of 10,700,000 barrels

20 released

This figure was 35,200 barrels, or 1%, less than the
daily average market demand for the current

daily.

fuel

an

Dec.

estimated

the

This follows

on

demand forecast, which placed probable
demand for the initial month of 1939 at 3,270,600 barrels

o_ils accumulated more rapidly than
any other product, some 20,300,000 barrels being added to
the heavy quantity already held in the industry's heavy

fuel

immediate plan to submit

any

and

foreign crude held in the United States of 269,931,000
barrels, which is several hundred thousand barrels above
the
figure reported for the comparable date a month

earlier.

Early in the month the Humble Oil & Refining Co. issued
price schedule in which the highest posting on grav¬
ity schedules is "40 and above," which was retroactive to
Dec. 3.
The announcement, which was followed by similar
action by Magnolia Petroleum Co., pointed out, however,
a

new

that

prices are unchanged except for the elimination of
premiums paid based on gravities above 40 degrees.
Under
the new schedule top prices by grades are West Central

Texas, $1.03; Gray County, 96c.; Carson-Hutchinson, 91c.;
Tomball, Raccoon Bend (Deep sand) and Satsuma, $1.31;
Anahuac,
Dickinson,
$1,03;
Refugio,
$1.28;
Mirando,

$1.23.
The posted price for Liveryt, Orange and Barbera
Hill crudes,
formerly listed under Anahuac and Dickinson
crude, and for Pettus crude have been discarded.
The
price of Flour Bluff crude was cut 4c. a barrel to $1.23 to

of 1939.
The actual production
only for January, with the February
and March figures scheduled to be promulgated at a later

eliminate the premium for gravity above 40
degrees in the

date when probable demand can be estimated with

previous postings.

allowable

was

quarter

issued

greater

accuracy.
The gross basic allowable for the first month of 1939 set

by the Railroad Commission for Texas

1,735,541 barrels
daily as compared with 1,710,082 barrels daily during
December.
Th6 two-day shutdown will pare this figure
by
an
estimated
12,895,136 barrels, or a daily average of

^

the

week-end

shutdown

Thompson,

town when it

with

the

was

the con¬

fact

that

it

Lon

Smith,

Commissioner

in

addition

Terrell

out

to
of

issued.
Lon Smith, who long has
opposed
policy of Commissioners Thompson and Teiv

rell^ becomes head of the Commission

on

Jan.

1,

policies
the

of

Dec.

the

Thompson-Terrell

12 meeting that he

majority, announced at
would not interfere with the

January production allowable, but did not commit himself
February and March figures.
Pressure had been brought upon the Commission to make

about the

known
with

in

the

Texas

some

the

its

probable

course

of

action

leadership, not only by producers in
representatives of the major units in the
Naturally, the entire industry would be affected
also

Lone

week-end

of

change in

but

industry.
adversely by
in

fashion

any sudden

Star

State.

shutdowns

mission's answer.

loosening of the production control
The

three-month

continued

What will

apparently

ruling ordering
the

Com¬

develop in the future is

As

Mexican

was

generally expected, unanimous approval of a plan
to have Congress
approve a two-year extension of the legis¬




78.5c.

a

little

barrel.

change during the

a

Administration.

personal

Ambassador

to

report

President

Daniels

o—The

Humble

Oil

&

Refining Co.

and

is

due

to

Roosevelt

January, and some definite developments
Representative price changes follow:
the

early in
break then.

may

Magnolia

Co. eliminated premiums of crude oils above 40
gravity in
Dec. 3.

Petroleum

Texas, retroactive

to

Dec.
range

20—Michigan

of from 68c.

In

the

of gas

crude

oil

78.5c.

to

prices

refined product

and fuel

oils

were

reduced

14c.

a

barrel

to

a

barrel.

a

field, the seasonal strengthening

and

the sharp improvement in these
products' statistical position took the spotlight away from
the motor fuel division of the
industry.
Stocks were pared sharply during the month as cold
weather stimulated demand and brought about
heavy with¬
drawals from storage tanks to meet with the increased

demand.
rate

in

Prices strengthened in New York, with the tanker
price structure also firming.
Gasoline stocks moved

erratic fashion during the month, with only a small
gain resulting.
Price changes were confined in most instances to regional
an

net

adjustments, with

no

definite trend in evidence.

Some

eas¬

ing in the gasoline price structure was seen and, as reported
above, fuel oil prices hardened.

some¬

was

thing that only time will tell.

to

showed

although some interest was aroused on reports of
heavy deals consummated with Germany and Japan by the

when

Chairman Thompson retires to be
replaced by Jerry Sadler
Gladewater.
Mr.
Sadler, who also has opposed the

of

situation

month,

was

the production

ranging from 68c.

Mexican

Dec.

was^ signed by Commissioner

Chairman

The

make

The most surprising part of the bill ordering
of

In Michigan two price changes carried
posting to the lowest levels in nine years with the new

schedule

was

415,972 barrels.
tinuance

the

Dec.
of

fuel

"Dec.
dealer

20—Standard Oil of New York advanced,, tank car and barge prices
oil

% c.

a

gallon,

21—Standard
tank

wagon

Oil

prices

with
Co.
c.

other companies following.

of
a

New

York

reduced tank

gallon at Rochester.

,

car

and

posted

MONTHLY EE VIEW,

JAN., 1939]

recent years

DECEMBER FINANCING OF UNITED STATES TREASURY

The Treasury

established

a

record in its December financ¬

ing that not only exceeded anything it had been able to

able

been

has

probably, anything

also bettered,

but

before

do

to

recorded

in

the

record-

quarter

financing which the Treasury carried out on Dec. 15,

date
and

date operation in December was a large one.
in Treasury finance in December that was

the quater
The

do

borrower

This

history.

overshadowed

accomplishment

breaking

any

event

precedent was the actual payment of a premium
For months, under the pressure

without

for Treasury discount bills.
of

Administration's

the

rate at which

easy

money

policy,

the

average

the weekly discount bills have been

awarded
has approached the vanishing point.
For the bills dated
Dec. 28 the vanishing point was actually reached.
Of the
$100,000,000 of bills dated Dec. 28, $100,000 was bid in at a
price slightly above par.
The remainder of the issue was
placed at par, and so heavy were the par bids that only
78% of them could be filled.
The total amount of the
bids submitted was $507,427,000, the largest volume of sub¬
scriptions, with one exception, ever made for a bill issue.
of the bids was that the Treasury received

The net result

$10 of premium for the $100,000,000 issue.
The Treasury
had to pay no interest on the huge sum of money it ob¬
tained.
Instead, it was paid what might be called interest
from bidders for the privilege of owning the bills.
It was
another case of turn about being fair play.
In recent years
the Treasury has put out new issues of notes and bonds
at a price which gave a premium to the subscribers.
Now.
the subscribers have given a premium to the Treasury.
This situation recurred in exaggerated form in the bills
dated Jan. 4, on which bids were opened on Dec. 30.
It
was
announced by the Treasury late Dec. 30 that the
tenders for the issue totaled $488,825,000 and that about
one-half of the bills were bid in above par.
The premium
bids were so numerous that only 19% of the par bids could
be

accepted.

mittee
the

hastily

incredible

effect

getting

authorities, at

an open

market com¬

summoned for Dec. 30, took steps to end
situation by which the Treasury was in

negative interest rate on its bills.
The
Open Market Committee announced that
market account
required to replace bill maturities in the

a

Reserve

Federal

henceforth the manager of the System open
would

be

not

System portfolio under conditions such as those prevailing
on the last two issues.
The Reserve banks did not replace

of their bill maturities in the week ended
their maturities run to $40,000,000 to $55,000,000 each week.
By failing to replace weekly maturities
the System will increase the available supply of bills in
the market and will perhaps succeed in restoring the bills
to an interest basis.
The par and premium bids for bills
were
attributable for the most part to special circum¬
$30,000,000

Dec.

28,

but

including the demand arising from banks and cor¬

stances,

porations for year-end "window dressing" in statements,
from corporations seeking to use the bills as a means of
avoiding taxes on bank deposits in several

temporarily idle funds.
of the quarter

Details

The

5.

date financing were published on
Secretary of the Treasury

announcement by

Jr. stated that he was offering three
of securities.
In the first place, he was offering
$400,000,000, or thereabouts, of 2%% bonds of 1960-65, with
the right reserved to increase the offering to accept all
subscriptions for which Treasury notes maturing March 15,
1939, were tendered in exchange.
In the second place, he
was offering $300,000,000o, or thereabouts, of 1%%
Treas¬
ury notes Oof Series B-1938, with the right again reserved
to increase the offering by an amount sufficient to take
care of tenders of Treasury notes maturing March 15, 1939.
In the third place, the Treasury offered an issue of 2%
bonds of 1947 for which payment could only be made in
the notes maturing March 15, 1939C
Thus the Treasury
made an exchange offer for the $941,613,750 of notes fall¬
ing due the following March and sought to raise $700,-

Henry Morgenthau
types

*

000,000 of new money.
The offering proved
-were

.

considerable success.
The books
on Dec. 5, the day
offering, and they were closed on the exchange sub¬

closed

of the

on

a

subscriptions

the cash

scriptions on Dec. 7. Mr. Morgenthau announced on Dec. 13
subscriptions to the offering totaled $9,379,334,350

that cash
and

the

amount allocated was

bonds cash subscriptions

$731,445,700.

For the 2%%

amounted to $5,732,477,150 and the

Exchange subscriptions ten¬
allotted for the bonds totaled $188,196,700.
Cash

allotments totaled

dered and

$402,876,700.

1%% notes totaled $3,646,857,200,
$328,569,000 was allotted.
Tenders and allot¬

subscriptions for the new
of

which

ments of

exchange subscriptions for the notes

amounted to

Subscriptions received and allotted for the new
2% bonds aggregated $701,504,900, leaving $12,529,550 of
the iy2% March notes to be paid off in cash at maturity.
The Treasury made a new departure in allotting the cash

$39,382,600.

0

1935, subscriptions had amounted to

subscriptions in that no preferment was given to subscripThe number of "free riders" on $1,000 sub¬
scriptions increased so greatly at the December tax date
that the Treasury decided to depart from its policy of

tions of $1,000.




$2,013,114,000 maturity

representing 7,200,000 bonds sold to approximately
1,400,000 investors.
Sales for the first 11 months of 1938
amounted
to $645,179,100 maturity
value against $635,-'
419,100 maturity value in the whole of 1937.
Mr. Morgenthau announced on Dec. 15 that market trans¬
actions in Government securities for Treasury investment
value,

accounts

in

1938, resulted in net purchases of

November,

$360,000 as against net purchases of $1,044,000 in October
and purchases of $38,481,000 in September.
The details of Treasury bills sole on a discount basis are
the following table:

given in
Bills

,

Amount

Bills

Offered

Dated
Dec.

Dec.

8 1938

Dec.

14 1938

Mar. 15 1939

Dec.

15 1938

Dec.

21 1938

Mar. 22

Dec.

21 1938<

Dec. 28 1938

Dec.

27 1938

Jan.

Svbscrtp
tions

t

91 days $100,000,000

8 1939

Mar.

7 1938

1 1938

Dec.

of

Offering

Mature

$354,169,000

100,000,000

384,501,000

1939

91 days

100,000,000

497,662,000

Mar. 29 1939

91 days

100,000,000

507,427,000

5 1939

91 days

100.000.000

Apr.

4 1939

91 di ys

4S8 825,000

To Redeem

Maturing

Bills

Subscrip¬

Amount

Average

Offered

tions

Accepted

Price

Yield

,$354,169,000
384,501,000
497,662,000
507,427,000

$100,983,000
100,716,000

99.996

0.017%

99.997

0.013%

$100,148,000
100,000,000

100,631,000
101,032,000

99.999

0.006%

100,043,000

*100.000

*0.000%

488,825,000

100,722,000

*100.000

*0.000%

100,026,000
100,125,000

Dec.
Dec.

1 1938
8 1938

Dec.

15 1938

Dec.

21 1938

Dec. 27 1938
*

less

.

Actualy average .price was slightly over
than zero, as part of these issues were

went

Issue

of—

100 and average interest rate slightly
bid at a premium, while the balance

NEW SECURITY ISSUES

Total volume of offerings

but

,

at par.

increased

reflected

a

IN DECEMBER

placed in the domestic market in

moderately

over

decided improvement

that of November,
over

the aggregate

figures for the same period of 1937.
State and municipal
emissions as usual were quite numerous during the month
They

were,

however, with one exception, modest in size and

ranged from $5,000,000

downward1 to much smaller

The dollar volume of corporate

amounts.

flotations reflected

a

sub¬

attributable
to large-scale refunding operations undertaken by corporate
organizations. Some of the larger issues successfully placed
included the joint offering of the Central Illinois Public
Service Co., embracing $38,000,000 of first mortgage 3%%
bonds and $10,000,000 33^-4% debentures; $35,000,000
Cities Service Gas Co. first mortgage 3^-3%% bonds,

stantial rise in December and was in the main

placed privately, and the issue of the Chesapeake & Ohio
Ry. Co., consisting of $30,000,000 refunding and improve¬
ment

mortgage

3^% bonds.

We give below the larger

offerings in December:
RAILROAD

States, and from

corporations which have been urged by their bankers to
buy bills so that the banks can escape the Federal Deposit
Insurance
Corporation assessment on large amounts of

Dec.

baby bonds"—sold to Nov. 30 had passed the $2,000,000,000
mark.
Since these securities were first offered on March 1,

December

The Federal Reserve

and give no preferred status to the small sub¬

scriptions..
Secretary Morgenthau stated on Dec. 12 that the matur¬
ity value of United States savings bonds—the so-called

FINANCING

$30,000,000 Chesapeake & Ohio Ry.—Public offering was made Dec. l2
by Halsey, Stuart & Co., Inc., and Otis & Co. on behalf of a
banking group, of $30,000,000 ref. and impt. mtge. 3}4%
bonds, series F, to be due Dec. 1,1963, subject to authorization
by the Interstate Commerce Commission.
The bonds were
priced to 101and accrued interest, to yield 3.41%.
16,000,000 Railway Express Agency, Inc.—A banking group headed by
Morgan Stanley & Co., Inc. and Kuhn, Loeb & Co. on Dec. 22
offered $16,000,000 serial notes, series A, dated Dec. 1, 1938, at
100 and interest for all maturities.
Distribution of the notes
was effected through a relatively small selling group.
UTILITY FINANCING

PUBLIC

$38,000,000 Central

Illinois Public Service Co.—Offering was made

Dec. 8 by an underwriting group of 35 members beaded by
Halsey, Sutart & Co., Inc., of $38,000,000 first mortgage bonds,
series A, 3%% due Dec. 1, 1968 and $10,000,000 serial deben¬
tures, 3 Yi to 4%, due Dec. 1, 1939-48.
The bonds were offered
at 100H and interest and the debentures at prices to yeld
1.50% for the earliest maturity to 4% for the last.
Other
leading members of the underwriting group included Glore,
Forgan & Co.; A. G. Becker & Co., Inc.; Harris, Hall & Co.,
Inc.; Bonbright & Co., Inc.; Brown Harriman & Co., Inc.;
Lazard Freres & Co.; Blyth & Co., Inc.; Central Republic Co.;
Kidder, Peabody & Co.; W. C. Langley & Co.; Lee Higginson

Corp.; F. S. Moseley & Co., and E. H. Rollins & Sons, Inc.

,

35,000,000 Cities Service Gas Co.—The company, a subsidiary of the
Cities Service Co., has completed arrangements for the issu¬
ance and sale of $35,000,000 of first mortgage pipeline bonds at
interest rates of 3 34 % and 3 M %, it was announced on Dec. 29.
The entire issue has been placed privately with four large banks
and two major insurance companies.

25,566,600
'

Commonwealth

Edison Co.—Convertible debenture 33^s,

July 1, 1958.
Refunding purposes.
The issue was priced at
100 to yield 3.50%.
Convertible at or before maturity into
common stock at conversion price of $25 a share.
Offered to
stockholders of the company and underwritten by Halsey,
Stuart & Co., Inc., and associates.

15,000,000 International
announced

Telephone & Telegraph Corp.—Corporation

Dec.

14

that it has completed

arrangements for

long-term loans in the form of 10-year 4notes for $15,000,000.
Of this amount $10,000,000 will be taken by the

Export-Import Bank
of Washington, and the remaining
$5,000,000 by a group of New York banks consisting of J. P.
Morgan & Co., The National City Bank of New York, The
First National Bank of the City of New York, Bankers Trust
Co., and Guaranty Trust Co. of New York.
The loans will be
made on a basis to yeld approximately 5H%.
The funds are
to be used largely in the expansion of I. T. & T. operations in
South

America.

10,168,000 Consumers Power Co.—A banking group headed by Morgan
Stanley & Co., Inc., and Bonbright & Co., Inc., offered on
Dec. 23 $10,168,000 1st mtge. bonds, 3M% series of 1936.
The issue is priced at 104^, to yield 3.01% to maturity.
Others in the offering syndicate include the First Boston Corp.,
Brown Harriman & Co., Inc.; Smith, Barney & Co.; E. W.
Clark & Co.; Mellon Securities Corp.; Coffin & Burr, Inc., and
Lehman

Brothers.

12

MONTHLY REVIEW

$9,125,000 Green Mountain Power Corp.—Public offering of $7,750,000
1st & ref. xntge. bonds, 3M% series due 1963, and $1,375,000
4M% serial notes due 1940 to 1953, was made Dec. 13 by a
banking group consisting of The First Boston Corp.; Smith,
Barney & Co.; Coffin & Burr, Inc.; Brown Harriman & Co.,
Inc., and Halsey, Stuart & Co., Inc.
The bonds were priced
at 101M and the'notes were offered at prices to yield from
3.50% to 4.70%.

$3,524,000 Baltimore, Md., various

•

6,000,000 El Paso Natural Gas Co.—Paul Kayser, President, announced
Dec. 15 that company has sold, at private sale, to a group of
insurance companies and one educational institution, a new
issue of $6,000,000 first mtge. bonds, 3M% series, due
1953,
and has obtained a loan of $4,000,000 from the Chase National
Bank, New York, represented by serial notes falling due over
a period of seven years, the proceeds of which are
being applied
to the redemption of all company's presently
outstanding first
mortgage bonds and convertible debentures and the payment
of its existing bank loans in the amount of $600,000.
The
balance of the proceeds is available for other corporate purposes.
4 242,000

4

Pennsylvania Power Co.—Bonbright & Co., Inc.,

Dec. 21
headed a group which offered an issue of 42,000 shares of $5
preferred stock (no par), at $101 per share plus accrued divi¬
dends from Nov. 1, 1938.
The company is a subsidiary of the
Commonwealth & Southern Corp.
Associated with Bonbright
& Co., Inc., in the offering were Lehman
Brothers, Smith,
Barney & Co.; E. W. Clark & Co.; Stroud & Co., Inc.; W. H.
Newbold's Son & Co., and Graham, Parsons & Co.

2.10%.
A lower court decision during the month held that
the city .could legally issue
$4,025,000 bonds without first
obtaining voters' approval of the financing.
Sale of this issue

York

authorized the company to issue and sell not more than
$4,240,000 of consol. mtge. 3% bonds due in 1968.
The com¬
pany arranged to sell the issue privately to a group of four
insurance companies.
has

Columbus & Southern Ohio Electric Co.—1st mtge. and
collateral trust 3 Ms, series due 1968.
treasury

for

privately

Pay notes and reimburse
expended in construction, &c.
Placed
Equitable Life Assurance Society of the

moneys

with

the

United States and John Hancock Life Insurance Co.

Hamplshire—An

795,067 Public Service Co.

of New
issue of 8,737
of preferred stock, $5 dividend series (no par
value),
at 91 per share (flat), by Coffin &
Burr, Inc.;
Brown
Harriman & Co., Inc.; Arthur Perry &

shares

offered

was

Co.,

Paine, Webber & Co.

Inc.;

INDUSTRIAL

AND

MISCELLANEOUS

power plant first mortgage bonds
John Nuveen & Co. of
Chicago and associates
100.118, a basis of about 3.48%.
Due $100,000
April 1 and Oct. 1 from 1940 to 1954, inclusive.
2,994,000 Alachua County Special Road and

awarded
3Ms

as

Bridge District No. 1,
Fla., refunding bonds, comprising $1,500,000 4s due from 1940

to

1952,

preferred stock, a
banking group headed by Eastman, Dillon & Co. publicly
offered Dec. 20 the remaining portion of the issue.
The public
offering price was $50 per share plus accrued divis. from Dec. 20.

purchased by a
Orlando, Clyde

4,000,000 Sunray Oil Corp.—John J. Bergen & Co., Ltd., and Burr &
Co., Inc., offered on Dec. 6, $4,000,000 5%
interest-bearing
convertible sinking fund debenture shares, series A
(a corpo¬
rate
contractual
obligation
of indebtedness
without fixed
maturity).
Price 100% ($25 per series A debenture share) and
accrued interest.

/

Corp.—Corporation,

it
was
insurance company
$2,500,000 15-year 3%% sinking fund debentures.
Proceeds
to be used to refund $1,550,000 debentures
called for payment
an

Dec. 15 and to furnish additional
working capital.
2,113,218 Domestic Finance Corp.—Smith, Burris & Co. of
Chicago,
New York, and Los Angeles, announced Dec.
14 the comple¬
of the distribution

of 74.148 shares

preference stock at $28.50

a

(no par)

cumulative

share.

1,750,000 Superior Steel Co.—The company has placed privately an
issue of $1,250,000 1st mtge.
5% convertible sinking fund
bonds.
In addition to the private sale of the
bonds, company
has arranged a bank loan of $500,000.

1,156,940 (Glenn L.) Martin Co.—A group consisting of Smith, Barney
& Co.; Blyth & Co., Inc.; Brown Harriman
& Co., Inc., and
Otis

&

maturing in

2,599,000 Onondaga
New

York,

were

30, 1938.

1,175,000 Family

Loan Society, Inc.—An issue of 50,000 shares of
$1.50 cumul. convertible preferred stock, series
A, was offered
Dec. 8 by Bodell & Co. at $23.50
flat, to carry the full dividend

County,
as

and reoffered from
rate

and

on

chased

net

cost.
They mature from 1941 to 1963, incl.
2,000,000 Chicago, III., refunding bonds were taken
by an account
headed by the Harris Trust &
Savings Bank of Chicago as
lMs. at 100.71, a basis of about 1.59%.
They mature from
1942 to 1945, incl., and were not
publicly reoffered.
1,890,000 Suffolk County, N. Y., various purposes bonds
purchased by

the Bankers

Trust

awarded to

and Power revenue

syndicate headed jointly by Lehman
Bros, and Halsey, Stuart & Co.,
Inc., both of New York, at a
of 100.006 for
-1939 to 1972,

a

a

combination

of

$8,740,000 3Ms, due
incl., $3,510,000 3Ms, due 1973-1978,
$1,750,000 2Ms, due 1939-1945, and $1,250,000 3s.
maturing
from 1946 to 1950, incl.
Bid figured a net interest cost of
about 3.62%.
IJeoffering.was made at various yields and
prices according to ccrnpon rate and
maturity.

13,556,000 Metropolitan Water" District of Southern
California,
Calif., 4% Colorado River water works refunding bonds pur¬
chased from the Reconstruction Finance
Corporation by the
Chase National Bank of New York and associates
at

a

price of

108.
Due serially from 1946 to 1986,
incl., and reoffered
yield from 2.50% to 3.55%, according to
maturity.

to

3,957,000 Nassau County, N. Y., various purposes bonds
bearing 2.40%
interest and due annually from 1940 to
1958, incl., were taken
by an account managed by the Chase National Bank of New
York at a price of 100.17, a basis of about
2.38%.
Offered to
yield from 0.50% to 2.60%, according to maturity.
3,600,000 Toledo, Ohio, water works extension first
mortgage revenue
bonds, including $3,434,000 2Ms due serially from 1941 to
1969, incl., and $166,000 2Ms due in 1970, were sold to a bank¬
ing group managed by Harris, Hall & Co. of Chicago at
100.008,
a 2.73% cost basis.
City also sold in December an additional
$771,244 bonds.
3,199,000 San Francisco, Calif., school and hospital bonds were sold
as
lMs and 2s to a group managed by Halsey, Stuart &
Co.,
Inc., New York, at 100.006, a basis of about
1.87%.
Due
serially from 1940 to 1948, incl., and reoffered to
yield, ac¬
cording to maturity, from 0.40% to 2%.




Co.

of New

York

and

associates

1.60s

as

at 100.249, a basis of about
1.55%.
Due from 1939 to 1953,
incl., and reoffered to yield from 0.30% to 1.90%.

1,800,000 Westchester County, N. Y., Cross-County Parkway revenue
bonds were sold by the Reconstruction
Finance Corporation

Dec.

3M8, at the price
by the Corporation, plus $36.
Bonds are due
are subject to call.
No reoffering was an¬

1, 1950, and

nounced.

1,700,000 Jamestown Bridge Commission, R. I., 4%
bridge revenue
bonds were sold to Stranahan",'Harris &
Co., Inc., and James
H. Causey & Co., Inc., bo'h of New York.
Due Dec. 1, 1968,
and

callable

prior to thai, date.

1,600,000 Harrisburg, Pa., water impt. bonds awarded to the Firs^
Boston Corp., New York, and
associates, as lMs at 100.54a basis of about
1.71%.
Due yearly from 1942 to 1963, incl.,
and reoffered from a yield of
0.80% up to a price of par.
1,400,000 Lake County, Ind., advancement fund bonds, due semi¬
annually from 1940 to 1949. incl., sold to a group headed by
Halsey, Stuart & Co., Inc., New York, as 2 Ms, at 100.654.
Publicly offered to yield from 1% to 2.50%, according to
maturity.

"

V.

1,345,000 Cincinnati, Ohio,

new capita] issues were taken by Brown
Harriman & Co., Inc., New York, and associates as
1M® and
3 Ms, at 100.019, a net interest cost of

1.86%.

Due serially

from 1940 to 1979, incl., and offered for
public investment to
yield from 0.40% to 2.10%, according to
maturity.

1,175,000 Jacksonville, Fla., electric revenue certificates due from
1940 to 1951, incl., awarded to a syndicate
managed by Phelps,
Fenn & Co., Inc., New
York, as 2 Ms and 4s, at a price of par,
a
2.37% net interest cost.
Reoffered to yield from 0.75%
to 2.50%,
according to interest rate and maturity.
1,080,000 Tennessee (State of) refunding and county reimbursement
bonds, maturing Dec. 1. 1949, were awarded to Lehman Brosof

New York and associates as
2Ms at 100.52, a basis cost of
about 2.45%.
Reoffered to yield 2.35%.
1,054,000 Hudson County, N. J., maternity hospital
bonds, maturing
serially from 1939 to 1977, incl., were awarded to a group
headed by Lehman Bros, of New York as
3s, at 101.08, a 2.93%
)
basis.
Reoffered from a yield of
0.50% to a price of par for
the last maturing bonds.
1,052,000 Flagler and Volusia Counties Ocean Shore

Improvement

District, Fla., highway refunding bonds bearing interest

rates of

4%, 4M % and 5%,

& Co. of Orlando and the
in joint account.

1,000,000 Jackson,

at

were purchased

by Leedy, Wheeler
Clyde C. Pierce Corp. of Jacksonville,

Tenn., electric

revenue

bonds

awarded

Smith.

to

Barney & Co., New York, and Hunter, Jones & Co. of Mem¬
phis, jointly, at a price of 100.162 for a division of
$503,000
3Ms due from 1941 to 1951, incl., and $497,000 2Ms due
19521959, a net interest cost of about 2.89%.
DIVIDEND

Dividend

CHANGES IN DECEMBER

declarations

in December were
largely of a
following list, divided into two sec¬
tions, namely, "Favorable Changes" and "Unfavorable
Changes," gives the more important of the changes:

favorable nature.

The

CHANGES

Abraham

&
Straus, Inc.—Dividend of 87Mc. a share on the
stock, paid on Dec. 28.
This compares with
37Mc.
distributed on Oct. 25, last,

no

common

a

par

share

Aetna Life Insurance Co.—Extra dividend of
15c.
of 30c. a share on the
capital stock, par

MUNICIPAL FINANCING

$15,250,000 Los Angeles, Calif., Department of Water

price

yield of 2.50% to a price of par, according

Municipal Water Authority, Pa., bonds pur¬
by Elkins, Morris & Co. of Philadelphia as 2Ms at 100.84, a 2.46%

FAVORABLE

Dec. 6 offered 100,000 shares ($10
par) 5%, cumul.
convertible preferred stock at $10 a share and.
dividends.

from

a

date of maturity.

2,150,000 Bethlehem

payable Jan. 1.

1,000,0Q0 Michigan Gas & Oil Corp.—Keeler, Baker & Co.,
Inc., New

were

1959,

2,500,000 Louisiana (State of) highway bonds were sold as 3
Ms and 4s
at 100.08, a 3.82%- net interest
cost, to a group managed by
Blyth & Co., Inc., New York.
Due from 1942 to 1960, incl.,

Co.,

stock of record at the close of business on
Dec. 10,
offered the right to subscribe at $20
per share for
common stock ($1
par) to the extent of one share for each six
shares held.
The rights expired on Dec.

bonds

to

a

common

York,

1952

group

N. Y., various purposes bonds were
syndicate headed by Phelps, Fenn & Co., Inc.,
1.70s, at 100.107, a basis of about 1.69%.
Due annually from 1939 to 1968.
incl., and reoffered to yield
from 0.25% to 2.10%,
according to maturity.
awarded to

Inc., completed distribution on a when-issued
basis a block of 57,847 shares of common stock of
the company.
The stock was offered through the exercise
of rights purchased
from Glenn L. Martin, President of the
company.
Holders of
1938,

due from

1953

and thereafter subject to call,
composed of Leedy, Wheeler &
Co.,
C. Pierce Corp. of Jacksonville and
John Nuveen & Co. of
Chicago.
Sale was made at a price of
97.50.

5,625,000 Monsanto Chemical Co.—Smith, Barney & Co. on Dec. 9
offered 50,000 shares of cumul. preferred
stock, series B (no
par—$4.50 dividend) at $112.50 a share.

tion

$1,494,000 4Ms,

bonds

were

to the Chase National Bank of New
York as

Industrial Loan Corp.—Coincident with an
announcement by the corporation that
approximately 117,000
a new issue of 150,000 shares of
prior preferred stock
had been subscribed for by holders of its old

privately to

incl., and

with

shares of

Addressograph-Multigraph

to

at

of 102 required

7,500,000 BeneficiaL

announced Dec. 14, has sold

subsequently rescinded when counsel for the

each

FINANCING

$21,071,600 Continental Oil Co.—Holders of record at the close of business
on
Dec. 2, 1938, of the 4,682,581 outstanding shares of the
capital stock of the company, were granted pro rata rights to
subscribe in the aggregate to $21,071,600
10-year 2 M% con¬
vertible debentures.
Each such record holder of capital stock
was granted, with respect to each share of
capital stock held,
the right to subscribe to $4.50 principal amount of the deben¬
tures at 100%
(flat).
The debentures were dated Dec. 15,
1938 and mature Dec. 15, 1948.
The underwriting group was
headed by Morgan Stanley & Co., Inc.

2,500,000

was

3,000,000 Cleveland, Ohio, light and

and the First Boston Corp.

750,000 Arkansas Western Gas Co.—1st mtge. series A 15-year 6s,
1953.
Refunding working capital.
Price 97 M and interest.
Underwritten by E. H. Rollins & Sons, Inc.

28

banking group questioned the city's rgiht to incur the debt on
own authority.
The matter will be submitted to the Mary¬
land Court of Appeals for a final
ruling.

to

1 900,000

Nov.

on

its

on

240,000 Brooklyn Edison Co.—The P. S. Commission of New

capital issues awarded to the

new

Chase National Bank of New York and
associates as 2Ms, at
100.357, a basis of about 2.11%.
Due yearly from 1957 to
1970, incl., and reoffered on a yield basis of from
1.90% to

regular quarterly of 25c.
Ainsworth

a

share

Mfg. Co.—Dividend

was

a share and a
quarterly
$10, both payable Jan. 2.
A
previously distributed.

of 25c.

a

common

stock, representing the first
16, 1937, when 75c. was paid.

Dec.
Akron

share

was

paid Dec. 29

distribution

this

on

on

issue

the

since

Brass

Mfg. Co., Inc.—Dividend on the common stock increased
22Mc. a share and became payable Dec. 20.
Gold Mining Co.—Dividend of 25c. a share on
the $10
common stock, payable Feb. 1.
Previously regular dividends of

from 15c.

a

share to

Alaska Juneau
par,

15c.

and

extra

dividends

of

like

amount

distributed

were

each

three

months.

Albany & Susquehanna RR.—Special dividend

of $1,50

$100 par, common stock, payable Jan. 14.
Insurance
Co.,

Alliance

Philadelphia.—Dividend

capital stock increased from $1.50

a

(A. S.) Aloe Co.—Special dividend
stock

on

40c.

a

share

the

of $1

a

on

share was paid

on

the

common

Dec. 20, last.

Meter

Co.—Dividend

share to 50c.

a

on

the

a

share

common

on

the

stock

no par common

increased

from

share, payable Dec. 21.

American Securities Shares
(St. Louis, Mo.)—Dividend on the
stock increased from 7c. a share to 13c. a share and
became
Dec. 29.
v

American

on

the $10 par,
share to $2 and were paid on Dec. 28-

American Arch Co.—Extra dividend of
25c.
stock was paid on Dec. 24.
American

a

Stamping Co.—Dividend

on

the

common

payable

common stock

increased from
Dec. 25.

12Mc. a share to 25c. a share, and became payable on
American Stove Co.—Dividend on the common stock increased from
10c
a share to 20c. a
share, payable Jan. 14.
American Thermos Bottle Co.—Extra dividend of 75c.
on the common stock on
Dec. 24.

a

share

was

paid

JAN., 1939]

Co.—Final dividend of 50c. a share for the year 1938
payable Dec. 22.
One of 25c. a share was paid

Armstrong Cork
March 1 last.

on

Arkansas-Missouri
stock from 25c. a

Corp.—Dividend increased on
share to 35c. a share, payable Dec. 23.
Power

the common

share

Corp.—Extra dividend on the common stock of 50c. a
regular quarterly of 25c. a share, both M ere paid on Dec. 27.

Arundel
and

a

of 45c. a share
the common stock, both pay¬

Associated Breweries of Canada, Ltd.—Extra dividend
and

regular quarterly of 20c. a share on

a

able Dec. 31.

from 25c. a share to 50c. a

Emerson Drug Co.—Dividend on the
increased from 40p. a share to 50c. a

Dec.

from

Capital Inc.—Final dividend of S3

a

share on the common stock

Fanny Farmer Candy Shops—Extra dividend of 50c. a
regular quarterly of 25c. a share on the common stock,

share Mras paid on the common

a

stock on

24 last.

Dec. 24 and compares with 5 cents a share on Sept.

Building, Inc.—Christmas dividend of SI

a

share was paid Dec.

the common voting trust certificates.

on

Fidelity & Deposit Co. of Maryland—Extra
paid Dec. 31 on the $20 par common stock.

share was paid

paid

share and

share to 40c.

a

on the common
share, payable Jan. 3.

•

Laughlin, Inc.—Dividend of 50c. a share on the $5 par common
stock, payable Jan. 5, representing the first distribution on this issue
since Dec. 24, 1937.

of like

Bond Stores, Inc.—Extra dividend of 20c. a share and a quarterly
amount on the common stock, both were payable on Dec. 23.
Boston

Insurance

quarterly of $4

a

Co.—Special dividend of $5 a share and a regulaf
share on the capital stock, both payable Jan. 3.

Boston Investment Co.—Dividend of $2

with one of $1.50

compares

a

a

share was paid Dec. 29 and

a share, an extra of 40c.
and the regular quarterly of 30c. all on the common stock of no par value
and all became payable on Dec. 24.

o^

Bralorne Mines, Ltd.—Extra dividend of 10c. a share and a quarterly
20c. a share on the no par common stock, both payable Jan. 14.
Pre¬

distributed.
Briggs Mfg. Co.—Dividend of 50c. a share on the no par common stock,
payable Oct. 24.
This compares Mith 25c. paid on Sept. 30 and June
viously regular quarterly dividends of 15c. a share were

30, last.

Inc.—Dividend of $2 a share was paid Dec. 27 on the common
This compares with $1 paid on April 22, last.

Brinks,
stock.

Broad

Street

Investing

creased from 14c.

Bucyrus-Monighan

Inc.—Dividend on the capital stock in¬
a share, payable Jan. 3, next.

Co.,

share to 18c.

a

Co.—Extra dividend of $1

share on the class A

a

stock was paid on Dec. 20.

!

Buffalo

Insurance

quarterly of $3

Co.—Extra

dividend

of

$2

a

and

share

a

regular

share were paid Dec. 30 on the capital stock.

a

Building Products, Ltd.—Extra dividend of 10c. a share and an initial
dividend of 17%c. a share on the new common stock now outstanding,
both payable Jan. 3.

Celanese, Ltd.—Dividend of 75c. a share on the common
stock, payable Dec. 31.
This compares with 25c. a share paid on March
31, 1938 an d $4 regular quarterly dividends of 40c. a share distributed
previously.

Canadian Industries, Ltd.—Dividend ofjyp.,50 a share was
23 on the class A and class B commqA^Jpgegfe.
This compares
a

share paid on Oct.

Carborundum

Carnation Co.—Extra dividend of 50c.
of

50c.

share

a

on

the

common

a

share

was

share and

stock,

a

payable

semi-annual dividend

Dec.

19

and Jan

Celanese Corp. of America—Dividend of $1.75 a share on the
series prior pref. stock and $5 a
stock.
The former becomes due

Dec. 31

on

next.

a

dividend of 25c. a share and a regular quar¬
terly of like amount on the $2.50 non-cumulative class A stock, both
were payable Dec. 23.
15c.

on

the

Cliffs Corp.—Dividend on the common stock increased
to 15c. a share and became payable Dec. 21.

Climax Molybdenum

Co.—Year-end dividend of $1

a

from 25c.

from 10c.

share and

a

from 15c.

70c.

a

a

12Mc.

15c.

on

Insurance
on

of

15c.

the common stock.

a

share

was

Hart &
the

Cooley Co.—Extra dividend of $1.50 a share was paid Dec. 16 on
par, common stock.

$25

Times,

Inc.—Dividend resumed on the common stock by the
15.
This compares with $1.50 a share

a share on Dec.
Dec.Jl5, 1936.

Sugar Co.—Dividend

on

from 15c. a share to 30c. a share,

and a dividend
15, last.

the $20 par, common stock increased

payable Jan. 15.

dividend of $1

a

share was paid Dec. 23 on the

(Walter E.) Heller & Co.—Extra dividend of 20c. a share and a regular
quarterly of 10c. a share on the common stock, both were payable Dec. 27.

Co.—Dividend of $1 a share was paid Dec. 21 on the
This represented the first distribution on this issue
1937, when a regular semi-annual dividend of 50c. a share

Hershey Creamery
stock.

since Dec. 21,

paid.

was

Hobart Mfg. Co.—Extra
class A stock.

dividend of 50c.

a

share.^as paid Dec. 23 on the
v

Indemnity Co.—Initial dividend of 50c. a share was paid Dec. 20
the common stock..

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on

Mfg. Co.—Dividend of 15c. a share on the $2Kj>ar, common stock
This compares with 10c. a share on Sept. 26, last.

paid Dec. 23, last.

share on the 7% cumul. pref.
pref. stock, par $25,
The above payments will clear up all arrears on

Hotel Statler Co., Inc.—Dividends of $7 a
both

payable Jan. 3.
the preferred issues.

Sound Co.—Extra dividend of 50c. a share as well as the regular
quarterly dividend of 75c. a share on the $5 par, common stock, both
were paid on Dec. 23.

Howe

Ideal Cement Co.—Christmas dividend of 35c. a share and a regular quar¬

.

terly of like amount were paid Dec. 21 on the

Dejay Stores, Inc.—Dividend on the common stock of $1 par, increased
from 10c. a share to 20c. a share, payable Jan. 1.

Fund, Inc.—Special dividend of 10c. a share was paid Dec. 21,

Illuminating Shares Corp.—Extra dividend of 25c. a share wa? paid
Dec. 28

on

(^Industrial
Mras

paid

Harvester Co.—Final dividend of 25c.

a

share on the common

the class A stock.

Acceptance Corp., Ltd.—Extra dividend of 12Kc. a share
on

the $2 non-cumulative class A stock on

Dec. 31.
paid Dec. 23

Inland Investors, Inc.—Final dividend of 25c. a share was
on

the

no

Interbanc
'

on

par

common

stock.

Investors, Inc.—Dividend of 10c. a share was raid Dec. 23,
This compared with 5c. a share distributed on
1937.

the common stock.

Dec.

24,

Inter-Island

last.

$10 par, common stock.

Illuminating & Power Securities Corp.—Extra dividend of $1.35 a share
was paid Dec. 24 on the $50 par, common stock.
...

Brothers,

was

Steam

Navigation

Co.,

Ltd.—Dividend of 20c. a share
This compares with 10c.

paid Dec. 21 on the $18 par, capital stock.
on Sept. 28, last.

paid

21, last.

New York.—Extra dividend of $1 a share and a regular
quarterly of $1.50 a share on the common stock, both payable Jan. 3.
Dixie Howe Stores—Extra of 15c. and a quarterly dividend of like amount
on the common stock.
The former was paid on Dec. 22, last, and the
latter becomes due on Jan. 14.

Discount Corp. of

Duff-Norton Mfg. Co.—Dividend on the regular common
from 25c. a share to 50c. a share, payable Dec. 10.

stock increased

Ecuadorian Corp.—Extra dividend of lc. a share in addition to the
dividend of 3c. a share on the ordinary stock, both payable Jan.

regular
1.

Ry. Co.—Dividend of $1.50 a share was
the 1st preferred stock, series A on Dec. 22, last, and was the

Eastern Massachusetts Street

15, 1930.

Edison Bros. Stores, Inc.—Extra
common stock on Dec. 27.




on

Hazeltine Corp.—Special
common
stock.

12.

first distributed since Nov.

stock stock

and became payable Dec. 17.

Hawaiian Electric, Ltd.—Extra dividend of 20c. a share
of 14c. a share were paid on the common stock on Dec.

increased from 35c. a share to 50c. a share and was payable Dec. 24.

on

dividend of 75c. a share was paid

Cooperage

payment of $1

a

Inc.—Dividend on the common stock increased
from 2 He. a share to 5c. a share and was payable Dec. 29.
Deisel-Wemmer-Gilbert Corp.—Dividend on the $10 par common stock

paid

Bros.

increased from $1 a share to $1.50 a share,

paid

Dec. 27 last.

stock paid Dec.

This will bo the first

Feb. 1.

Harrisburg Railways Co.—Dividend on the common stock increased from
10c. a share to 12c. a share and became payable Dec. 28.

Davenport Hosiery Mills, Inc.—Dividend on the no par common stock
increased from 25c. a share to 75c. a share and became payable on

Detroit

the common stock, payable

stock, par $100 and $1.50 a share on the 6% cumul.

Shares Corp.—Special dividend of 45c.

dividend

on

Griesedieck Western Brewery Co.—Dividend on the common

the class A pnd B common stock.

Co.—Initial

stock of $1 a share,

& Power Co.—-Dividend of

Smelting

Greyhound Corp.—Extra dividend of 30c. a share and a regular quarterly
of 20c. a share on the common stock, both were paid on Dec. 25, last.

stock, both payable Dec. 31.

stock, payable Jan.

Delaware

share

dividend of 25c.

Corp.—Dividend on the $3.20 cumui. class A
common stock of no par value increased from 40c. a share to 80c. a share
and became payable Dec. 29.

Greif

Cuneo Press, Inc.—Extra dividend of 75c. a share on the no par common

Davidson

a

a

stock increased from

dividend paid since 1936.

Crum & Forster, Inc.—Special dividend of 50c. a share was paid Dec. 24
on the $10 par common stock.

paid Dec. 21

share and

share and was paid on Dec. 15, last.

a

Great Lakes Dredge & Dock Co.—Extra
Dec. 22 on the common stock.

Hoskins

Products

a

the common stock.

16.

Jan.

common

& Forster

on

Granby Consolidated Mining,

payable Jan. 3.

Dec. 20

share to 15c.

a

payable

Consolidated Mining & Smelting Co. of Canada, Ltd.—Extra dividend
of $1 a share and a semi-annual distribution of 50c. a share on the $5

share was

paid Dec. 15

were

Hoist Co.—Dividend on the no par common

Gorham Mfg. Co.—Dividend on the no par common

Consolidated Bakeries of Canada, Ltd.—Extra dividend of 15c. a share
and a regular quarterly of 25c. a share on the no par common stock, both

Crystalite

share

Globe

Lamp & Stove Co.—Company resumed dividends on the no
common stock by the payment of $1.50 a share on Dec. 22 last.

Crum

of 75c.

Gilmore Oil Co.—Extra dividend

Rosenberger—Dividend on the common stock increased from
share to $1 a share and was paid on Dec. 29.

par capital

beneficial
paid on Dec. 20

General Printing Ink Corp.—Dividend on the common stock increased
from 10c. a share to 20c. a share and became payable on Dec. 28 last.

Coleman
par

Dec. 24 last.

last.

Dec. 23.
&

the common stock increased

on

share to 20c. a share and became payable

a

interest, par $1, increased from 4c. to 6c. a share and was

regular

quarterly of 30c. a share on the no par common stock; both were paid
on

Fireproofing Co.—Dividend

General Investors Trust—Dividend on the company's shares of

a

share

a

stock, tne

common

Hawaiian

on *the capital stock increased
share to 35c. a share and became payable on Dec. 22 last.

share was paid on Dec. 28 on
first since March 21, last, when 10c. a share was

distributed.

distributed

Churngold Corp.—Dividend

from

share to 30c.

General

the common stock increased

Dec. 23.

Cohn

a

General Finance Corp.—Dividend of 5c. a

share, payable Jan. 15.

a

Chicago Flexible Shaft Co.—Extra dividend of $1 a share and a regular
quarterly dividend of like amount on the capital stock; both were paid
on

Capital Corp.—Dividend on the common stock increased
a share and became payable on Dec. 23.

General

Hartford

share to 20c.

paid Dec. 24

General Candy Corp.—Extra

on

Chain Store Investors Trust—Dividends
from 15c.

7% sum.

share on the 7% cum. 1st partic. pref.
Jan. 1, 1939, and the $5 distribution

.

of 35c. a share was paid Dec. 22 on the
$5 par common stock.
An extra of 10c. a share and a dividend of 15c.
a share were paid on Oct. 1 last.

3,

respectively.

from

stock increased
29.

dividend of 25c. a share on

General Baking Co.—Dividend

with $1.25

paid Dec. 24 on the
with 65c. paid on Sept. 30 last.
a

common

Garlock Packing Co.—Final dividend of 75c. a share was
on the common stock.

31, last.

Co.—Dividend of $1.10

stock and compares

common

paid Dec.

the

on

share and became payable Dec.

a

stock, payable Jan. 3.

the preferred

Canadian
,

share to 75c.

Foreign Bond Associates, Inc.—Dividend on the common stock increased
from 10c. a share to 12%c. a share and became payable Dec. 22 last.

share distributed on Dec. 2j 1937.

(E. J.) Brach & Sons—Special dividend of 30c.

a

Foote Bros. Gear & Machine Corp.—Initial

stock increased from 30c. a

Inc.—Dividend

Bickford's,

50c.

Co.—Dividend

Stove

Florence

Beatrice

Bliss &

the common
.amounted to 20c. a

The last previous dividend, a quarterly,
was distributed on Dec. 20, 1937.

stock.

the common stock.

on

on
on

shares.

common

Flintkote Co.—Dividend of 60c. a share was paid Dec. 20 on

Bankers Investment Trust of America—Initial dividend of 10c. a share

Creamery Co.—Extra dividend of 75c. a share and a regular
quarterly of 25c. a share on the common stock, both payable Jan. 3.

dividend of $1 a share was

Fisk Rubber Corp.—Initial dividend of 50c. a share was paid Dec. 20
the common stock, and the first paid by the reorganized company
the

Baltimore Radio Show, Inc.—Special dividend of 50c. a
Dec. 24 on the 20c. par common stock.

was

share and a
both payable

Dec. 27.

Baldwin Co.-<-Dividend of 15c.

20

increased

Canadian Corp., Ltd.—Extra dividend of 20c. a share
and a regular quarterly of 15c. a share on the no par value common stock,
both were paid on Dec. 22.
*

regular
both payable

2.

Balfour

30.

Bearing Co.—Dividend on the $25 par common stock
$1 a share to $2 a share and became payable^ Dec. 15.

Fafnir

paid on Dec. 23.

was

share and became payable Dec. 20.

Famous Players

quarterly dividend of 25c. a share on the capital stock,
Aviation

class A and class B common stocks

Equitable Investment Corp. of Mass. (Boston)—Dividend on the com¬
mon stock increased from
15c. a share to 20c. a share and was payable

Automobile Insurance Co.—Extra dividend of 40c. a share and a
Jan.

stock increased
share and became payable Dec. 23.

Electric Auto-Lite Co.—Dividend on the $5 par, common

the common stock,

on

1$

MONTHLY REVIEW

,

dividend of 25c. a share was paid on the

International Mining Corp.—Dividend on the common
from 10c. a share to 15c. a share and became payable on

stock increased
Dec. 20.
stock by the

Jefferson Electric Co.—Dividend resumed on the common
declaration of 25c. a share,

Julian

payable on .Tan. 2, next.

Co.—Semi-annual dividend on the no par, common
from 50c. a share to 75c. a share, payable Jan. 15.

& Kokenge

stock increased

Keith-Albee-Orpheum Corp.—Dividend of $3.50 a share was raid Dec. 23
on the 7% cumulative convertible preferred stock of $100 par.
This com¬
pared with $1.75 a share paid on Oct. 1, last.
Kemper-Thomas Co.—Dividend of 10c., a share was paid
common

Dec. 24 on the

stock.

(G. R.) Kinney Co., Inc.—Dividend of $1.50 a share was paid Dec. 28 or
the $5 prior preferred stock, the first since Dec. 27, 193^ Avhen an initial
of like amount was distributed.

14

MONTHLY REVIEW

Lamaque Gold Mines, Ltd.—Initial dividend

of 10c. a share

the com¬

on

pany's stock, payable Jan. 3, next.

Inc.—Final dividend of $1
paid on Dec. 23, last.

was

share

a

the

on

new

quarterly of 30c.

share

a

common stock

a

the

on

class

B

of five cents and

stock,

Jan. 15.

a

both payable

the

on

no

par, common stock increased from

sh|re to 20c.

a sharp, payable J?p.. .25.
Co.—Dividend of 20c. a share was

Pollack Mfg.

stock and compares with 15c.

mon

Langendorf United Bakeries, Inc.—Extra dividend
regular

Philadelphia Co.—Dividend
10c.

Lone Co.,

paid Dec. 22

share distributed

a

Prentice Mfg. Co.—Extra distribution of
$1
Dec. 15, last, on the $25
par, common stock.

the

on

com¬

Oct. 28, last.

on

(G. E.)

share was paid

a

.

La Salle Extension

University—Dividend

stock on Dec.

common

of 10c.

22, the first distribution

share was paid on the
this issue since July 1,

a

on

1927.

(F. & R.) Lozarus & Co.—Dividend
from 12 He. a share to 50c.

the

p'hr common stock increased
share and become payable on Dec. 27. last.

a

on

no

Lee Rubber & Tire Corp.—Dividend of
50c.
payable Feb. 1.

share

a

on

the

common

stock,

Loomis-Sayles Mutual Fund, Inc.—Dividend
Dec. 23 last

of $1.25 a share was paid
the common stock and compares with 50c. a
share paid

on

Oct. 1, last.

on

share

a

,

Millon Co.—Final dividend of 50c.
payable Jan. 10.

share

a

the

share paid on Sept.

.

common

was paid Dec. 15, last
regular quarterly of 15c. a

of $10 a share

paid Dec. 29

was

the

on

par common stock.

P. R.)

Mallory & Co.—Dividend of 10c.
stock, the first since Dec.

common

a

10,

distributed.

share was paid Dec. 20 on the
1937, when 25c. a share was
*

Mapes Consolidated Mfg. Co.—Extra dividend of 50c. a share and a
regular quarterly of similar amount on the common stock.
The former
was paid on Dec. 26, last and the latter
became due on Jan. 1.
Marine Midland Corp.—Dividend
10c.

share to 12c.

a

on

the common stock increased from

share, payable Jan. 3.

a

& Telep. Co., Ltd.—Extra dividend of 2Hc. a share
regular quarterly of 17Hc. a share on the $10 par, common
stock,
both payable Jan. 15.

McCrory Stores Corp.—Dividend of 75c.

Merchants & Miners

a share was paid Dec. 23 on
This compares with 50c. a share
paid on

Trasnportation Co.—Dividend

of 25c.

the cbmmon stock became payable Dec. 29.

distribution

paid.

was

Meyer-Blanke Co.—Dividend
a

share to 40c. a

share

a

on

This represented the first
Sept. 30, 1937, when a regular quarterly

the issue since

on

of 40c. a share

on

the

stock increased from 30c.
share and became payable Dec. 22.
common

Middlesex Products Co.—Extra of 15c. a share and a
regular quarterly
of 25c. a share were paid Dec. 20 on the
$20 par, common stock.
Midwest Piping & Supply Co., Inc.—Extra
dividend of 15c. a share
was paid Dec. 22 on the common stock.

Milnor, Inc.—Dividend

on

the

to 15c. a

'

share

a

on

Jan., 10.

Montgomery Ward & Co.—Extra dividend
of

like

amount on the common

share

a

the common stock, payable

of 25c.

share and

a

a

quarterly

stock, both payable Jan. 14.

a

share to 45c.

a

on the common stock increased
from
share and became payable Oct. 24.

Muskegon Piston Ring Co.—Dividend
stock

common

issue

Dec.

on

Mutual
on

on

Dec. 27, last, and

of 15c.

one

share

a

of 50c.

the common

stock,

(Hawaii)—Dividend

paid

on

the

on

the above

Narragansett

Racing

on

Association,

($1 par) stock increased from 25c.

a

next.

share

paid

was

regular quarterly

a

Inc.—Dividend

share to 35c.

a

a

ttie

on

common

share, payable Jan. 4,

National Aviation Corp.—Dividend of 25c. a share on
the common stock,
payable Jan. 14, the first to be paid since Dec.
15,1936, when $1 a share
was distributed.
National Bond & Share
Corp.—Special dividend of 10c.
Dec. 21 last on the capital stock.
National City Lines, Inc.—Dividend of 50c. a
share
was

stock

mon

on

Dec.

27 and compares with 25c.

a

December, 1937.

share

paid

was

the

on

paid

initial distribution of 15c.
share to 4c.

a

a

a

in

share was made.

Cdrp.—-Dividend
share and

was

the capital stock increased from
paid on Dec. 24.
on

Natomas Co.—Extra dividend of 10c. a share and
a regular
quarterly divi¬
dend of 20c. a share were paid on the common
stock on Dec. 27 last.
New

Hampshire Fire Insurance Co.—Special dividend of 20c. a share
a regular
dividend of 40c. a share on the $10
par capital stock,

and

both payable Jan. 3.

New Process Co.—Dividend of $1 a share
was paid Dec. 23 on the common
stock and compares with 50c. a share
distributed on Nov. 1, Aug. 1 and

May 2 last.

New York & Honduras Rosario
share

Mining Co.—Final dividend

was

Power

Co.

(Del.)—Quarterly

dividends of $1.31 H a
share on the 7% cum. pref. and
$1.12H o share on the 6% cum. pref.
stock for the quarter ended
Sept. 30, 1938, payable Jan. 20.
Northern States Power Co.
(Wis.)—Dividend of $40.25 a share on the
preferred stock for the period from March 1, 1933 to
Nov. 30, 1938,
payable not later than Jan. 10 next.

Northwestern National Insurance Co.—Extra
dividend of 75c.
was paid Dec. 31 on the common
stock.

a

share

Ry. & Land Co.—Extra dividend of 20c. a share and a
regular
monthly dividend of 15c. a share were paid Dec. 10 last on the
com¬
stock.

Ohio Wax Paper Co.—Extra dividend of 75c. a
share and a regular quar¬
terly of 25c. a share on the common stock became
payable Dec. 22 last.

Oswego Falls Corp.—Dividend of 30c.
on

15c.

share to 45c.

a

Dec.

made

a share on the
capital stock paid
A regular quarterly disbursement of
10c. a share was
Nov. 1 last.

15 last.

on

Otter Tail Power Co. (Minn.)—Dividend of
$2.25 a share on the founders'
stock and on the special stock became
payable Dec. 22.
The
distributions

were

Pacific Can Co.—Dividend resumed
of 50c. a share on Dec. 22 last.
had

been

June 30,

foregoing

the first made in

some

on

the

time.
common

stock

by the payment

Previously dividends

distributed quarterly from
1937.

Sept. 30,

1936

Pacific
Parker

Rust Proof

of 25c.

to

and

a

share

including

Telephone & Telegraph Co.—Dividend

on the common stock
increased from $1.50 a share to $2 a share and became
payable Dec. 21.

Co.—Dividend

creased from 22 He. a share to 25c.

Patino

Mines

payable

&

Enterprises Consolidated—Dividend

stock increased from 25c.

conunon

on

Petroleum

the $2H Par common stock
share, payable March 1.

on

a

a

share to 75c.

Dec. 24.

Exploration,

quarterly of like amount
stock.

Inc.—Extra
were both

dividend

paid Dec. 15

of
on

a

on

the

$10

in¬

par

share and became

25c.

a
share and a
the $25 par common
.

(J. C.) Penney Co.—Extra dividend of $1 a share and a
fegular quarterly
of 75c. a share were paid Dec. 20 last on the
common stock.
Peter Paul, Inc.—Dividend on the no
par shares increased from 25c.
35c. a share and became payable on Dec. 30.




of $1 a share on

on the common stock increased from
share and became payable on Dec.
24, last.

a

Commercial

Dec. 27

on

the $100 par, common stock increased

on

from $1 a share to $1.50 and was

payable Dec. 27.

Corp.—Extra dividend

to

of 20c.

share

a

paid

was

the $10 par, common stock.

Seaboard Surety Co.—Special dividend of 4Cc.
on the $10 par, common stock.

share was paid Dec. 30

a

Shawinigan Water & Power Co.-—Dividend on the common stock in¬
creased from 20c. a share to 2Sc. a share,
payable Feb. 15.
Sierra Pacific Power Co.—-Dividend on the common stock
increased from
50c. a share to $1 a share and was paid on Dec. 24.
Signode Steel Strapping Co.—Dividend of 25c. a
on the common stock,
the first since Nov. 15,
quarterly of 62He. a shafe was disbursed.
Sonoco Products Co.—Extra dividend of 25c.

share

when

share and

a

paid Dec. 28
a regular

was

1937,

quarterly of

a

15c. a share on the common stock, both were payable Dec. 19.
Southeastern Greyhound Lines—Initial dividend of 50c. a share
common stock, payable Jan. 25.

Southern

Berkshire

was

Power

paid Dec. 28,

on

&

Electric

from 20c.

a

share to 25c.

a

the

on

share

a

paid on Dec.
July 29, last.

was

on

dividend

the

on

of

no par, common

80c.

a

stock increase

share and became payable Dec. 22.

Sperry Corp.—Dividend of $1
tributed

Co.-—Final

the $25 par, common stock.

Southern Wearring Co.—Dividend

19

the common stock voting trust
with 60c. a share dis¬

on

and

compares

Square D Co.—Dividend
15c.

share to 30c.

a

on the $1
par, common stock increased from
share, and became payable on Dec. 23.

a

St. Croix Paper Co.—Dividend of $2 a share was
paid Dec. 23, on the
common stock.
Last previous dividend on Jan. 15, 1938 amounted to
50c.

share.

a

Cap & Seal Corp.—Extra dividend of 20c.

share

a

paid

was

Dec. 28, on the $1 par, common stock.

State Street Investment Corp.—Special dividend of $5
Dec. 20, on the common stock.
In addition the
dend

the

on

payable

on

common was

increased from 25c.

a

share to 50c.

a

was

share and is

a

Jan. 16, next.

Sunshine Mining Co.—Dividend
40c. to 60c.

share and

a

Superior Oil

on

payable

was

the

Dec. 24.

on

Inc.—Dividend

10c.

share

a

a

share to 10c.

a

Torrington Co.—Dividend of 25c.

the

on

Mining Co.—Dividend

increased from 5c.
last.

Jan. 2, next.

increased from

was

Dec. 28.

on

Standard

stock

common

Corp.—Initial dividend of

stock

Thompson-Products,
Tintic

share

paid
regular quarterly divi¬

no

par

on

the

$1

share

on

the

stock

common

par,

share and became

a

paid

Dec. 27.

on

the

on

This compares with 20c. paid

on

Towle Manufacturing Co.—Extra dividend of $1
on the capital stock.

common

payable

stock

Dec. 23,

on

common stock, payable
Oct. 1, last.

a

share

was

paid Dec. 19

Travelers Fire Insurance Co.—Final of $12 and a
regular quarterly divi¬
dend of $4 a share on the common stock.
The former was paid Dec, 23
and the latter

on

Dec. 30.

Union Metal Mfg. Co.—Dividend of 15c.
stock

Dec.

on

number

United

20

and

the

was

share

a

paid on the common
by the company in a

was

first \distributed

of years.

Corp.—Dividend of 75c.

able Jan.

a share on the $3 cum. pref.
stock, pay¬
This represents the first payment to be made since
April
regular quarterly of 75c. was distributed.

18..

United

Fruit

from 75c.

United

a

a

Co.—Dividend

share to $1

Shirt

a

on

the

no

par,

stock

common

share and is payable on Jan.

Distributors,

Inc.— Dividend

on

increased

14, next*

the

This compared

V

U. S. Fidelity & Guaranty Co. (Bait.)—Initial dividend
of 25c.
will be paid Jan. 16 on the common stock.
United States Guarantee Co.—Special dividend of 40c.
Dec. 24, on the $10 par, capital stock.
United

States

share

was

International' Securities

paid Dec. 27, on the $5

cum.

stock

common

amounted to 20c. a share and was paid on Dec.
27, last.
with 12He. paid on Dec. 23,1937.

value.

Oahu

mon

Dec. 15, last.

on

Sangamo Electric Co.—Dividend
Sayers & Scovill Co.«—Dividend

a

paid Dec. 31 last on the $10 par capital stock.
American Rayon Corp.—Dividends resumed
on the class A and
common stocks by the
payment on Dec. 17 last of 25c. a share.
Like amounts were distributed on Dec. 23, 1937.

class B

States

paid

was

Russell Industries, Ltd.—Extra dividend of
$] a share and a regular quar¬
terly of $1.50 a share on the common stock.
Both were payable Dec. 31,
last.

1, 1938, when

of $1.50

North

Northern

share and

a

share was

a

the new common stock increased

on

rasumed by the payment of 25c. a share
com¬

share distributed

National Gas & Electric Corp.—Dividend of
20c. a share on the common
stock, payable Jan. 29, and the first paid since Dec.
20, 1937, when an
National Investors

share to 20c.

of 3c.

stock..

common

Ross Gear & Tool Co.—Dividend of 50c. a share was
paid Dec. 20 on the
no par common stock.
This compares with 30c. a share
paid on Oct. 1,
last.

common

a

paid.

w as

non-voting common shares and on the dividend obligation
stock, all were payable Dec. 21.
This compares with 50c. paid on
June 30, last.

Standard

of 30c.

Dec. 10 and compares with
share distributed on Sept. 15, last.

a

was

share

a

15, last.

Telephone Co.

of 20c.

2c.

a

certificates

Murray Ohio Mfg. Co.—Dividend
15c.

the

on

Richmond, Fredericksburg & Potomac RR.—Dividend

share

capital stock increased from 10c.

share, payable Jan. 3.
Mission Oil Co.—Dividend of $1.65

regular quarterly of like amount

Rhinelander Paper Co;—Dividend

a

the $1 par, common stock.
Dec. 20, 1937.

a

Republic Realty Mortgage Corp.—Initial dviidend

Seaboard

Maritime Teleg.
and

of 5c. a share was paid Dec. 28 on
This distribution
represented the first since

Reinsurance Corp. of New York—Dividend of
32 He. a share was paid
Dec. 27 on the $2 par, capital stock and
compares with 7He. paid on
July 15, last.

from 10c.

stock,

share

a

15, last.

Mahoning Coal RR.—Dividend
$50

a

stock and compares with

common

Folding Machine Co.—Dividend

the $10 par, common stock.
Dec. 28, 1937, at which time

the voting and

(R. C.) Mohon Co.—Final dividend of 55c.
on

the

on

Dec(|. 15, 1937.

Reece

paid Dec. 29

Louisiana Land & Exploration Co.—Extra dividend
of five cents
was paid Dec. 22 on the common
stock.
Mac

Red Indian Oil Co.—Dividend of
3c. a share on the $1 par, common stock.
This was the first distribution on the
issue since

a

share

a

share

was

paid

Corp.—Dividend of 50c.
1st preferred stock of

no

a

par

'*

•

Universal Cyclops Steel Corp.—Dividend on the common stock
increased
from 12He. a share to 25c. a share and became
payable on Dec. 28.
Universal Leaf Tobacco Co.—Extra dividend of
$2 a share and a quar¬
terly dividend of $1 a share were paid Dec. 23 on the common stock.
The extra was paid on Dec. 23 and the

senting

an

Universal

increase of 25c.

Products

increased from 25c.

Van

Norman

Co.,
a

quarterly distribution
share) becomes due on Feb. 1, next.

a

Inc.—Dividend

share to 45c.

Machine

Tool

a

on

the

share and

Co.—Dividend

as

on

no

par

paid
the

on

(repre¬

common

stock

Dec. 21.

common

stock

in¬

creased from 40c. a share to 60c. a share and became
payable on Dec. 20.
Victor Chemical Works—Dividend on the
$5 par, common stock increased
from 20c. a share to 35c. a share and became
payable on.Dec. 27.

Vogt Mfg. Corp.—Dividend
snare

to 30c.

a

share and

on

was

the

common

stock increased from 20c.

a

payable Dec. 21.

Washington Ry. & Electric Co.—Special dividend of $14
$100 par common stock vvas paid on Dec. 20 last.

a

share

on

the

Weeden & Co.—Dividend of $1 a share was paid on the no
par common
stock on Dec. 30 and represented the first
paid since Sept. 30, 1937, when
a regular
quarterly of 50c. a share was distributed.
West Michigan Steel Foundry Co.—Dividend resumed on the common
stock by the payment of 12
He. a share on Dec. 22.
One of 20c. a share
was made on Dec.
24, 1937.
West Point Mfg. Co.—Dividend on the $20 par common stock
increased
from 20c. a share to 30c. a share,
payable Jan. 3.
Weston Electrical Instrument Corp.—Dividend on the common
stock
increased from 25c.

a share to 50c. a share and was payable Dec. 20.
Electric Light & Power Co.—Dividend on the $100
par
capital stock increased from $1 a share to $2 a share and became payable

Winchendon
on

Dec. 28 last.

(

(Wm.) Wrigley Jr. Co.—Extra dividend of 25c. a share was paid
on the no par common stock.

According to the stock index of the "Times," the market

Dec. 28

share was distributed.

with

a

decreased from 10c.

a

Corp.—-Dividend

share to 7c.

a

decreased

stock reduced from 50c. a

Allied Mills, Inc.—Dividend on the common
share to 25c. a share, payable Dec. 27.
American Business Credit

on

the class A common stock
Dec. 5,

share and became payable on

last.

Republics Corp.—Dividend ordinarily due about, this time on
stock omitted.

American

the $10 par, common

stock decreased

American Seating Co.—Dividend on the no par common
from $1 a share to

50c. a share, payable Dec. 27.
a

share to 40c.

share and became payable

a

stock

Dec. 23.

Atlantic Oil
Investment Corp.—Dividend reduced on the common
stock from 15c. a share to 10c. a share and was paid Dec. 28, last.

Corp.—Dividend usually payable at this time on the
voting trust certificates for common shares omitted.
A distribution of
$4 was made on Dec. 24, 1937.

Balaban

& Katz

Brazilian Traction, Light & Power Co., Ltd.—No action taken at this
time with respect to the ordinary shares of the company.
A distribution
of 50c. a share was made on July 5, last.
California Packing
no

par common

15 and

Nov.

Corp.—Dividend ordinarily due at this time on the
Distribution of 25c. a share was made on

shares omitted.
Aug. 15, last.

on

Raynolds Co.—Dividends ordinarily due at this time on the class
stocks omitted.
Distributions of 25c. a share were made

Devoe &
A and B
on

common

stock decreased

Publications, Inc.—Dividend on the common stock V. t. C.
reduced from 20c. a share to 15c. a share and became payable Dec. 22.

Federated

FiltrWl^Co. of California—Dividend
25c. a share to 15c. a share

and

was

reduced from

of the dividend
cumul. partic. pref. stock

Inc.—Payment

Publications,

Consolidated

Hearst

on the common stock
paid Dec. 30, last.

ordinarily due at this time on the class A 7%
of $25 par, omitted.

Kellogg Switchboard & Supply Co.—Dividend of 5c. a share on the no
par common stock, payable Jan. 31.
This compares with 15c. paid in
each quarter of 1938.
Lane Wells Co.—Dividend on the $1 par common stock reduced from 30c.
a share to 20c. a share and was payable on Dec. 20 last.
Inc.—Dividend ordinarily due at this time

Lessings,

on the common

omitted.

stock

stock reduced from $1 a share to

Lisk Mfg. Co.—Dividend on the common
50c. a share, payable Jan. 3.

Macmillan Petroleum Corp.—Dividend of 50c. a share was paid on Dec.
27 on the common stock and compares with $1 a share distributed on
Dec. 27, 1937.
.

Modine Mfg. Co.—Dividend of 25c. a share was paid on the no par com¬
mon stock on Dec. 20.
This compared with 50c. a share distributed on

share on the no

This compared

Dec. 23.

par common stock, which became payable
with 45c. a share paid on Dec. 23, 1937.

National- Supply Co. (Pa.)—Dividend of 75c. on the 6% prior preferred
and 68%c. on the 5 34 % prior preferred stock, both were paid on Dec. 28

No action taken
Full payments

represented half of the regular quarterly rates.
on the quarterly dividend on the $2 preference stock.
were previously made on all three issues.

last and

'

40c.

Corp.—Dividend on the common stock decreased
share to 25c. a share and became payable on Dec. 20 last.

Electric

Noma

a

Oahu Sugar Co., Ltd.—Dividend on the common
a share to 5c. a share, payable Jan. 14.

from

stock reduced from 10c.

Parkersburg Rig & Reel Co.—Dividend on the common
from 40c. a share to 25c. a share, payable Jan. 15.

stock decreased

share on the capital
One of $1.75 a share was paid on

Paterson & Hudson River RR.—-Dividend of $1.50 a
stock, par $50, payable Jan. 3 1939.
Jan. 3, 1938.

Philippine Long Distance Telephone Co.—Dividend of 38c. a share
was paid Dec. 23, last, on the common stock and compares with a monthly
distribution of 42c. a share distributed on Nov. 30, last.
Railway

& Light Securities Co.—Dividend of 15c. a share was paid
stock.
A distribution of 20c. a share was
Dec. 24, 1937.

Dec. 28 on the no par common

paid

on

Remington Arms Co.—Dividend of five cents a share was paid Dec. 23 on
the common stock.
A last previous payment of 18c. a share was made on
Dec. 23, 1937.
Leather

Seton
a

value, compared with $155,868,000 in November and
$185,179,000 in October.
The bond average of the "Times"
showed a rise of 1.20 points in December as against a

share to 30c.

Co.—Dividend on the common stock reduced
a share and became payable Dec. 29.

Southern New England Telephone Co.—Dividend on the
decreased from $2 a share to $1 a .share, payable Jan. 15.

Standard

from 50c.

capital stock,

Spring Co.—Dividend on the common stock reduced
40c. a share and became payable Dec. 30, last.

Steel

from 75c. a share to

Timken Detroit Axle Co.—Dividend of 50ct a share was paid Dec. 20 on
the common stock and compares with $1 a share distributed on Dec. 24,

1

1937.

Public Service Co. (Minn.)—Dividend of $1.50 a share on the
commbn stock, payable Jan. 3.
Dividends of $6 a share were paid on
July 1, last.

United States Foil Co.—Dividend
share

was

ordinarily due at this time on the 7%
A regular quarterly of $1.75 a

preferred stock omitted.
paid on Oct. 1, last.

cumulative

Westinghouse Air Brake Co.—Dividend on the common stock decreased
from 25.9169c. a share to 12)4c. a share, payable Jan. 31.

The

significance of

the stock market's

DECEMBER

December did not lie in the extent of the change in prices.
Of

more

was

importance was the fact that a resistance

followed the November elections.
first

established

on

Nov.

26,

This resistance level was

and

then

during the week from Dec. 3 to 10.
eral
level

point

apparently reached after the fairly sharp setback which

days manifested their unwillingness
that

for

was

around

the

rest

climbed

of

the

stock index

was

tested

anew

When prices for sev¬
to drop below a

of the New

York 'Times"

102, the trading community took heart and over
the

month

briskly to

a

prices were bid up.

peak on Dec.

The market

15, edged lower for a

week, and then closed the month with a burst of strength,
with

prices

ending the

year

their best levels of November.




within

about two points

of

The net

a
year that for Wall Streetavas,
standpoint, the least satisfactory in

out

closed

was

commission

the

from
a

strong

week of the month, when stock prices also

the last

Thus

Dealings in stocks totaled for the full

good many years.

only 297,466,722 shares, the smallest turnover in any

year

year since 1924.
This total compared with one of 409,464,570 shares in 1937 and 496,046,869 shares in 1936.
Though bond dealings in December were the largest of any
month of the year, transactions in bonds on the New York

only $1,859,865,000 par value,
since 1917.
In 1937 bond
totaled $2,792,531,000 par value and the 1936
aggregated

Exchange

the smallest volume for any year

transactions
total

$3,576,874,000.
stock transactions took place in spite
fact that the market over the year enjoyed an

was

This
of

shrinkage in

the

The net advance, as measured by the
stocks, amounted to 22.51 points
as against a drop of 50.76 points in 1937 and a rise of 23.81
points in 1936.
The bond index, on the other hand, experi¬
enced a decline of 1.11 points in 1938.
Looking back over

appreciable advance.
"Times"

the

notes that the share market started firm

one

year,

50

of

average

registering an advance of 0.27 point
advance of 6.19 points in February.

of

fall

heavy

21.66 points

by

in January and an
Then followed the

March, followed by a 7.12

in

point rise in April.
In June—on June 20, to be exact—the
market suddenly bolted upward and amassed gains totaling
points, followed by a net rise of 4.64 points

18.71

Czech

the

After

turned

crisis

but

weak,

very

in July.

developed in September, stocks
after the Munich conference, on

Sept. 29, the advance was resumed, resulting in a 7.39 point
advance
in
October.
The high point of the year Was
the market

by

on

Nov. 10 at 110.74, while the

level was 108.51.
The high for 1938 compared
with the 1937 high of 142.93 and the 1936 high of 144.44.
closing

The 1938 high was

under the 1936 low of 111.90.
1938 to an increasing extent

The stock market showed in
the

effects of

regula¬
speculative
1920's, and is

Securities and Exchange Commission

More and more the market is losing the
which

flavor

marked

its

behavior

in

the

market. The Com¬
mission has proved swift in its unearthing and punishment
of pool activity, and the severe margin regulations tend
to cripple legitimate speculative activity.
The use of credit
in stock market operations is at a low ebb.
In the bond
market the cost and inconvenience of complying with SEC
regulations with respect to new issues are diverting more
and more financing that used to be handled by the capital
market machinery to the field of private investment sales.
So far as bonds are concerned, ownership is tending to
become more institutionalized, and institutions notoriously
do little trading in bonds.
When the first paid non-member
President of the New York Stock Exchange took office on
May 16, 1938, official recognition was given to the new
taking on the aspect of an investment

status of the markets.

Reverting

the

to

issues

aircraft

December market, one finds that the
the feature of trading during the

were

thus rounding out two months of advance.
Ever
Administration began to display increased interest

month,

since the

in armaments,

the airplane stocks have been in

considerable

outstanding in their
strength in December were the railroad equipments, the
steel stocks, the manufacturing issues, and the rails.
The
groups that were least responsive to the influences making
for strength in the general market were the store stocks
and

Other

groups

which

were

the food issues.

Business

stock

supplied a reasonably encouraging backdrop for
market's December rise.
All indications were

activity was of smaller than
Department store sales all over the
country were above the previous year's volume, even though
prices were lower.
The Federal Reserve Board reported
that sales in the 12 districts in the week ended Dec. 24
averaged 13% above the total for the corresponding week
of last year.
Steel production dipped from 51.7% to 38.8%
in the last week of the month, owing to holiday shutdowns,
but electric power production reached the highest levels
on
record.
Automobile assemblies were well maintained,
and car loadings showed a decline of less than seasonal
that

performance in

point in the previous month.

quite firm.

were

the
COURSE OF THE STOCK MARKET DURING

a

advance for the bond index was made possible by a

demand.

Union

of

.65

of

decline

tion.

stock decreased from $1 a share to

Nehi Corp.—Dividend on the common
50c. a share, payable Jan. 1.

against 27,922,295
the other hand,

on

New

achieved

March 20 last.

Mother Lode Coalition Mines Co.—Dividend of 30c. a

shares as
turnover,

,Bond

par

these issues on Oct. 1 and July 1, last.

Fairmont Creamery Co. (Del.)—Dividend on the common
from 25c. a share to 12)4c. a share, payable Jan. 1.

November.

larger, the December total for the bond department of
York Stock Exchange amounting to $217,609,000

was

the

Stock

stock reduced from

Chicago Daily News, Inc.—Dividend on the common
50c. a share to 25c. a share, payable Jan. 3.

points in November.

27,492,069

to

came

in

shares

rise in

Art Metal Construction Co.—Dividend on the $10 par,-common

decreased from 50c.

of 2.32

recession

Turnover
from 30c.

of

advance

an

a

CHANGES

UNFAVORABLE

& Iron Co.—Dividend on the common stock
share to 20c. a share, payable Jan. 3.

Fuel

4.56 points

in December, compared
The volume
of dealings during the December advance was but little
different from that which marked the November decline.
scored

(Rudolph) Wurlitzer Co.—Dividend of 15c. a share was paid Dec. 28 on
the $10 par common stock, the first since October 1931, when 25c. a

Alabama

1

MONTHLY REVIEW

JAN., 1939]

the decline in industrial

seasonal proportions.

proportions.
As to the fluctuations

Steel
Dec.

was

at

31 at

in individual stocks, United States

its lowest Dec.

5 at 61% and at its highest

Steel preferred

was

at its lowest Dec. 3 at 114 and at

highest Dec. 31 at 118, with the close on
same.
American, Tel. & Tel. rose from

150%

Dec.

69%.
its
the latter day the

69%, with the close on the latter day at

31,

with

the close Dec.

145% Dec. 21 to

31 at 150.

General

'

16

MONTHLY EEYIEW

Electric moved up from 40% Dec. 10 to
44% Dec. 15, with
the close Dec. 31 at 43%.
Allied Chemical & Dye was at
its lowest Dec. 8 at 180% and at its
highest Dec. 31 at
with

the close

the

on

latter

day the

193,
Westingliouse

same.

Elec. & Mfg. rose from 111%
the close Dec. 31 at 119%.

Dec. 5 to 120% Dec. 15, with
Consolidated Edison Co. of
N. Y. moved up from 28% Dec. 8 to
31% Dec. 31, with the
close

Dec.

Central

31

31%!

at

at its

was

In

the

railroad

list,

New

day the
at

17

at

its

highest Dec-.

was

31

Baltimore & Ohio

Dec. 31, with the close

on

at

at

its

lowest

21%, with

Month of December—
Stock sales—No. of shares
.Bond

Dec.

with

the close

Dec. 31
2

.18

at

at

Foreign government

Foreign corporate

its

highest Dec. 30

at

23%,

with

the close Dec. 31 at
32%.
\
An easier tendency
prevailed among medium grade corpo¬
ration bonds up to about the
middle of December, but from
then on they evinced fresh
interest, resulting in modest
recovery for the month.
The slight progress
enjoyed in the

closing days of December, however, was not in
itself suf¬
ficient to raise the level of
prices up to or above their
November peak.
Firmness was a

predominating feature of
high-grade corporate bonds throughout the
month, and pub¬
lic

Total

505,000

In the

month

and

year

following table

3,046,000
1,406,000
87,101,000

,

134,843,049

$

366,984,000

442,361,000

.

75,783,794

$

419,861,000
12,664,000

$

790,556,000 1,141,044,000
19,202,000
17,851,000

9,836,000

13,292,000

13,169,000

823,050.000 1,172.064.000

OF

BUSINESS ON

THE

Month of December—
Stock sales—No. of shares

27,492,069

Bond sales (par value)—
Railroad and mlscell

STOCK

EXCHANGE

1937

1936

28.422,380

$

48,600,177

S

185,528,000
25,546,000

1935

'

45,589,317

$

$

United States Govt

6,535,000

162,209,000
25,054,000
10,736,000

23,378,000

20,464,000

Total bond sales

217,609,000

197,999,000

355,879,000

314,429,000

297,466,722

409,464.570

496,046,869

381,635,752

State, munic. & foreign

Jan.

282,033,000

260.871,000

50,468,000

33,094,000

1 to Dec. 31—

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

$

$

$

$

1,483,922,000 2,097,109,000 2,899,372,000
2,287,488,000
State, munic. & foreign
248,577,000
346,778,000
358,615,000
378,026,000
United States Govt
127,366,000
348,644,000
318,887.000
673,944,000
Total bond

sales

1,859,865,000 2,792,531,000 3.576,874,000 3,339,458,000

at

we

fractionally higher levels.
show, as usual, the fluctuations

for the month in the
different issues of United
ernment obligations and a

First

December

ing

Sale '

Highest

developments
the

were

in

the

mid-month

DECEMBER

money

market

during

Treasury financing involv¬

total of over $1,000,000,000, partly for new
borrowing
partly for exchange operations, and the large fluctua¬

a

Last

Sale

Lowest

Principal

and

Range During December, 1938

Dec. 1

THE MONEY MARKET DURING

States Gov¬

considerable number,
likewise, of
domestic corporate and foreign
government bond prices:

Government Bonds

104,178,804

$

1938

utility and industrial issues in this
group set new high
for the year.
United States Governments closed
the

82,649,000

1,365,000

62,039,000

49,640,238

bond, sales
VOLUME

records

both

$

31,546,000

352,989,000
7,432,000
6,563,000

..

Foreign government
Foreign corporate...

from 6% Dec. 9 to 8
day the same.
Chesa¬

Dec. 5 to 38% Dec. 31,
Southern Railway was at

38%.
at

9,762,703

8

58,091,000
2,583,000

1 to JJec. 31—

Domestic..

9

14,695.352

$

29,830,000
1,211,000

546,000

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

close

1935

35,966,000

Total bond sales....
Jan.

1936

rose

the latter

and

EXCHANGE

5,840,699

$

34,529,000
S91.000

peake & Ohio moved up from 31%,
,its lowest Dec.

CURB

1937

6,164,437

sales (par value)—

Domestic

York

the

THE

1938

and at its highest
the lattef day at
21%.

Southern Pacific

same.

and

ON

•

lowest Dec. 9 at 17%

Dec. 31 at 21%, with the close on
Delaware & Hudson rose from 20% Dec. 2 to
25% Dec. 31,
with the--close Dec. 31 at
24%.
Union Pacific moved up
from 87% Dec. 12 to 98 Dec.
31-f with the close on the latter

Dec. 31 at 21.

VOLUME OF BUSINESS

tions in the

excess

reserve

Dec. 31

position which, lifter reaching

a

new

Treasury 4Ms
1947-1952
Treasury 4s
.1944-1954
Treasury 3 Ms
1946-1956
Treasury 3 Ms
.1940-1943
Treasury 3 Ms
.1941-1943
Treasury 3 Ms
1943-1947
Treasury 3 Ms
1941
Treasury 3 Ms
.1943-1945
Treasury 3Ms-_____._1944-1946
Treasury 3His
1946-1949
Treasury 3 Ms
1949-1952
Treasury 3s.
1946-1948
Treasury 3s.
1951-1955
Treasury 2Ms
1955-1960
Treasury 2 Ms
..1945-1947
Treasury 2Ms
..1948-1951
Treasury 2 Ms
.1951-1954
Treasury 2 Ms
1956-1959
Treasury 2 Ms
.1958-1963
Treasury 2 Ms
..1960-1965
Treasury 2 Ms
1945
Treasury 2 Ms
1948
Treasury 2 Ms
1949-1953
Treasury 2 Ms
...1950-1952
Treasury 2s
-.1947
....

118.19

118.17 Dec.

3 Ms

20

114.1

Dec.

114 .18 Dec.

31

112.25

112.25 Dec.

113 .20 Dec.
105 .11 Dec.
106 .31 Dec.

24

110 .1

15

105

Dec.

106.26 Dec.
109.30 Dec.
107.11

107.8

109". 22

109.23 Dec.
109.22 Dec.

108.23

108.23 Dec.

108.13

108.13 Dec.

Dec.

108.14 Dec.

114.17

the

3

105

Dec.

107 .14 Dec. 27
109 .29 Dec. 13

sale

Dec.

011

""
at

8

107.10
109.28

110
Dec. 13
109 .12 Dec. 19
109 .6
Dec. 22
108 .27 Dec. 22

109.30

107 .11 Dec. 23
104 .23 Dec. 31

107.10

109.12

par

that

$100,000,000
interest

any

91-day Treasury bills

the

Government

charges.

The

obtained
December

Treasury financing included cash offerings of $402,876,700
to 27-year 2%% bonds and
$328,569,000 five-year 1%%

22-

notes, also an offer to holders of $941,613,750 1%% notes
maturing March 15 to exchange the latter for either one
of the foremendioned two
issues, or for new- nine-year 2%
bonds.
Both cash issues were
heavily oversubscribed, and
all except $12,529,550 of the
maturing March notes were

106.16 Dec.

104.1

103.27 Dec.
106.25 Dec!

107 .3
Dec.
105 .30 Dec.

13

105,19 Dec.
103.19

103.15 Dec.

104 .9

31

102.27

102.22 Dec.

102.6

102

Dec.

103 .16 Dec. 23
102 .30 Dec. 30

102.30

102.7

Dec.

102 .25 Dec.

23

102.21

106.8

Dec.

104.24 Dec.

106 .14 Dec. 22
105 .13 Dec. 12

105 TO

serves

rose

102

101.31 Dec.

102 .27 Dec.

31

102.25

102.1

101.29 Dec.

102 .26 Dec.

12

clined

102.26

to

102.8

104.24

19

Dec.

102.3

Dec.

102 .14 Dec.

23

107

Dec.

107.8

106.14

104.20

105.23
104.9

103.14

29

Dec.

tendered for exchange, with holders
showing a strong pref¬
for the 1947 2% bonds.
Excess member bank re¬

erence

to $3,480,000,000 Dec.
14, and a week later de¬
$2,980,000,000, chiefly because of fourth-quarter

income tax payments, cash

transfers for the new Treasury
sharp expansion in the currency circulation in
with holiday requirements.
An immediate re¬

issues, and

106.30 Dec.

14

105.29 Dec.

106.3

Dec.

29

1942-1947

105.2

versal

105.5

a

connection

1942-1947

2 Ms

Dec. 21

2Ms series G.

of

meaning that

without

sum

3s

Home Owners' Loan Corp.—
3s series A.
1944-1952
2Ms series B_
1939-1949

23

better,

or

106.18

1944-1964
1944-1949

Dec.

114.3

Federal Farm Mtge. Corp—
3s.

119 .6

peak during the first half of the month,
subsequently
experienced a sharp.decline.
An interesting occurrence was

106.14 Dec.

Dec.

latter

106.17

106.17 Dec.

106.28 Dec. 24

102.11

102.10 Dec.

102.15 Dec.

1942-1944

104.10 Dec.

106.26

9

104.14 Dec.

the

trend

of

excess

started

reserves

of the month, and, inasmuch
Treasury disbursements over receipts

during the

the

as

excess

of

w\ill again make itself

felt

19

in

part

and

steady seasonal contraction in the currency cir¬
occur during
January, it is anticipated that

a

culation will
Opening
Foreign Bonds

Range for December, 1938

Price

Price

Dec. 1

Argentine external 4 Ms

Belgium (Kingdom) 6 Ms
Brisbane (City) 5s
Canada

103M
22M

110M

1951

French 7Ms stamped
German (Rep) 7s stamped

109""

1949
German (Govt) Internat 5 Ms
stamped
__1965

28 M

1954

24 M
83 M

1965

Japanese Govt 6 Ms
5 Ms

65

_

Dec,
Dec.

110M Dec.

ser

A-C.1967

Brooklyn Union Elev 5s
Chesapeake & Ohio 4 Ms

1950

1992
Chic Milw St P <fc Pac 5s A..1975
C C C & St L 4 Ms series E... 1977

Columbia Gas & El 5s.May 19r2
Erie ref & impt 5s of 1927.
Great Northern gen 4 Ms
111 Cent St L & N O 5s

_.

1967

.1963

Morris <fc Essex 5s

New York Steam 3Ms.

1963

Northern Pacific 4s
.,1997
Pennsylvania RR deb 4 Ms. .1970
Conv deb 3Ms
1952
...

S'western

Bell Telep 3s

1968

Warner Bros Pictures 6s
1939
Western Maryland 1st 4s. —1952




87 M
101M

Dec.

member

bank

reserves

may

reach

soon

a

level

even

exceeding the peak attained during the first half of Decem¬
Gold imports during the month totaled
$111,900,000,

Dec.

99 M Dec.

97 M

110M Dec. 28
75

110M

9

107M Dec.
24M Dec.

109M Dec.

1

26 M

19M Dec.

24M Dec.

1

78

20 H

5

101M Dec.

1

101

101M Dec.

1

101""

102M Dec.

105

1

103M

61 M

Dec.

Dec.

68M Dec. 31

Range for December, 1938

26

87 M
118
10

64M

68M

Closing

Price

Price
Lowest

75M Dec.
49

Dec.

Highest

Dec. 31

81M

Dec.

31

54

Dec.

30

104M
21M
83M
117M

Dec.

87 Va Dec.

118 % Dec.

7

9

Dec.

107M Dec. 31
29

Dec.

31

new

high record of $14,reserve

banks de¬

$7,081,000 Nov. 30 to $6,980,000 Dec. 28.
open

Bills
market remained at the nominal figure

member bank

reserves

Total

increased from

$8,876,481,000 Nov. 30
$9,033,512,000 Dec. 14, then declined to $8,471,979,000
Dec.
21, but
subsequently
recovered
to
$8,577,167,000
Dec. 28.
Notwithstanding the temporary drop in excess re¬

to

serves, money rates

rates

on

81M

0.67%

53

bonds from

29

a

$549,000 Dec. 28, compared with $547,000 Nov. 30.

from

107M

$196,000,000, to

Discount holdings of the 12

bought in the
of

1

Dec.

Dec.

further by

508,000,000.
creased from

104M

53M
104M

sum
$66,900,000 came from England, $21,600,000
Holland, $14,600,000 from Jafcan, and $4,800,000 from
Australia.
Including considerable unreported acquisitions
by the Treasury, the monetary gold stock4 of the country

rose

Dec. 22

77 M

which

6

28M Dec.

Dec.

101M

of

from

Dec.

70

CALL

Dec.

12

Dec.

31

to 0.65%, and those on longer-term Treasury
2.51% to 2.48%.
The complete disappearance

60

Dec. 30

60

91M Dec.

96

Dec.

12 M

10M Dec.
80M Dec.

14

M Dec. 31

83

52 M

49M Dec.

60 M Dec. 31

60 M

Dec.

3...

97

96M Dec.
64M Dec.
13M Dec.

Dec. 29

99M

Dec.

4...

Dec.

011

the last

LOAN RATES

ON

THE

two

weekly issues of Treasury

NEW

YORK

STOCK

EXCHANGE

12

53% Dec.

continued extremely easy, with average

three- to five-year Treasury notes further
receding

of interest costs

lis"

57 M
96

15"

1955

New York Central 3Ms
1946
N Y C & St L 4 Ms series C.. 1978

Dec.

86

1977

Internat Paper 5s ser A & B.1947
Kan City Sou ref & impt 5s..1950
Mo Kan Tex cum ad) 5s...-.1967

Dec.

87M
103M
23M
107M

Dec.

Dec. 1

Bost & Maine 1st 5s

Dec. 31

Dec.

Opening

Alleghany Corp coll trust 5s. 1944
Amer & Foreign Power 5s—2030
Atch Top & S Fe gen 4s
1995

Highest

64M Dec.
98M Dec.
100M Dec.

Rome (City) external 6 Ms. .1952

Railroad and Industrial Bonds

Dec.

75

..1941

New South Wales (State) 5s. 1957
Norway 4s.
1963
Queensland (State) ext 7s.._ 1941

Dec.

16

96

1957

1952

8s

84M Dec.
100

106

1949

(Dominion) 5s

Czechoslovak

87 M

1955

.1957

Lowest

excess

ber.

1971

Australia 5s of 1925
Austrian (Govt.) 7s

Closing

46

Dec.

Dec.

68 M

14"

2

Dec.

1

High

Reneical

2...

1

1

1

Low

1

1

Dec.
Dec.

17—
18-.-

Sunday

Dec.

19...

1

1

20...

1

1

1

1

Dec.

21-.-

1

1

1

22.._

1

1

1

1

1

1

Dec.

5...

1

1

Dec.

6...

1

1

1

Dec.

55

50 M

Dec.

7..*.

1

1

1

Dec.

23...

Dec.

8...

1

1

1

Dec.

24...

9...

t

1

Dec.

25

Dec.

26...

Dec.

27...

1

Dec.

2

1

53 M

101 M

100M Dec.

83 M
83

81M Dec.
81M Dec.

81

76M Dec.

Dec.

31

Dec.

Renewal

Dec.

Saturday
Sunday

1«M

78M Dec.

High

Saturday

6SM

44

102M Dec.

1...

3

74M Dec.

102 M

Dec.

16M Dec. 31

78 M
46

Dec.

Low

1

•

1

Saturday
Sunday
Holiday

53 M

Dec.

5

101 M

Dec.

10...

83M Dec. 31

83 H

Dec.

11...

86

85M

Dec.

12...

1

1

1

Dec.

28

1

1

1

82

Dec.

13...

1

1

1

Dec. 29

1

1

1

104M

Dec.

14...

1^

1

1

Dec.

30-._

1

1

1

92 M

Dec.

15...

1

1

1

Dec.

31...

Dec.

16...

Y

1

1

102

Dec.

27

83M Dec. 27
105

90 M

90

Dec.

93

83

77 u

Dec.

83

Dec. 28
Dec.

M

27

Dec.

5

1

•

Saturday
Sunday

.

..

1

Saturday

1

of

in

various special factors, such as the use of
these bills in several States for the purpose of avoiding
taxes on bank deposits, and for year-end bank statement
showings.
On the Stock Exchange the call money rate

to

bills

ascribed,

was

idle

addition to the general pressure

in

funds, to

remained

at 1%.
security collateral

unchanged

Time loan rates
at the nominal
for loans

on

again quoted

were

figures of 1 %% for 90-day loans and 1 %%

Trading in securities through
levels, and as a result

running 180 days.

most

of the month remained at low

very

few loans were negotiated.
DAILY

OF TIME

RECORD

shipped between foreign countries from $56,334,808
$56,728,727, while domestic warehouse credits receded
from $49,538,052 to $49,038,333.
Bills held by accepting
banks totaled

$222,260,415, of which sum $124,236,502 were
$98,023,913 bills of others. Rates for bankers'
acceptances were again quoted at 3A% bid and 7/16% asked
for 30-day, 60-day and 90-day bills, at 9/16% bid and %%
asked for 120-day bills, and at %% bid and 9/16% asked
for bills running 150 and 180 days.
The New York Federal
Reserve Bank, in its ''Monthly Review,"
discussed con¬
ditions in the market for bankers' acceptances as follows;
"In the bill market

Rates on Mixed Collateral

Dec.

1...

\y<

Dec.

2

llA

Dec.

3

Dec.

6 Months

IX
IX

IX

IX
IX

IX
IX

5 Months

4 Months

90 Days

60 Days

30 Days

\x

5...
6...

1/

Dec.

7...

Dec.

8

IX
IX

Dec.

9...

IX

■

IX
IX
IX

rise of

IX

IX
IX

IX

IX

IX

IX
IX
IX

Dec. 10..:
Dec. 11...

IX
IX
'

Dec. 15...

ix

Dec. 16...

IX

IX
IX

IX

IX

IX'

IX

IX

IX

IX

Dec. 17...

IX

IX

Dec. 18...

tion

Dec. 22

IX
IX
IX

Dec. 23...

IX
IX
IX
IX
IX

IX

IX

Dec. 21

IX

1 ^

IX

IX

IX

IX
IX
IX

IX

IX

IX

IX

XX

IX

IX

.

Dec. 28

Dec. 29...
Dec. 30...

IX

IX

IX

IX
IX

IX
IX

IX

IX

IX

IX

IX

IX

IX

IX

IX

IX

IX

reserves

caused

It

borrowers to refrain from adding t<f

Average grade prime four- to six-montb

their indebtedness.

remained at the previously established new ruling
%%, with especially choice paper again being
quoted at 3/>%, and less widely known names at %%.
Un¬
der date of Dec. 16 the Federal Reserve Bank of New York
announced that returns received from commercial paper
dealers showed a total of $206,300,006 of open market com¬

paper

of

mercial paper

outstanding on Nov. 90 compared with $213,-

100,000 Oct. 31, and $311,000,000 Nov. 30, 1937.
AT NEW

FOR MONEY

RATES

YORK

Week Ended—
24 Dec.

17 Dec.

10 Dec.

Dec.

arose

31

Stock Exchange:

on

1(5)1

1(8)1

1

1

1

1

1

X
IX

1 X

1 X

IX

IX

1

Thirty days
Sixty days

1 <8 1

1(8)1

1(8.1

Ind. collat.).
Week's aver, (mixed & indus. collet.).
Time loans (mixed & Indus, collat.):
Range for week (mixed &

1

X

1 X

1 X

IX

IX
IX

1 x

IX

1 X

Four months

1 X

1 X

1 x

Five

months

1 X

IX

IX

IX

IX

months..

IX

IX

IX

IX

l

-

days

.

■

Commercial paper:

•

■

1 x

x

*

Double and single names:
Prime 4 to 6 months

X ® H

Good 4 to 6 months

X© X

X&X

%@H

Trading in bankers' acceptances

X *8) X

X @ H

X © X

%% %

supply of bills again remained far behind the active
demand.
Outstanding acceptances, according to the monthly
of the Acceptance Analysis Unit of the Federal Re¬
of New York, published Dec. 15, totaled $273,-

Bank

327,135 Nov. 30

as

against $269,561,958 Oct. 31 and $348,-

026,993 Nov. 30, 1937.
Export bills increased from $56,936,7SS Oct. 31 to $59,197,508 Nov. 30; import bills from
$94,128,626 to $94,483,766; domestic shipment bills from
$9,537,139 to $10,418,913, and bills based on goods stored
PRIME BANKERS'

C i'i

ACCEPTANCES

hy

30 Days

93 Days

69 Days

t ces Rid <1- Ask Rid d*

.4 -ce

153 Day

120 Days

i

183 Days

Ask Rid d* As-* Rid d* Ask Rid d* As-t Rid d- Ask

1

Xa716

Xa716

the

faced with

with

bills

count

intensively—one might

situation in December which had

and

to

Even the

make

a

weekly Treasury bills such desirable

easy

But obviously it could not hope to com¬

pete for the bills with

no

that

as

it

in

longer,

maturities

its

had
bill

bidder^ for

if

for

the bills, keep up their

on

the

X a9i6

weeks

total of $3,070,000,000.
Over the same period the Treasury's cash^ balance with the
Reserve banks increased by $457,022,000 to a total of $941,-

iM

serves

!

from

Xa°ie
X a9 is

004,000.

Ha'hc-

M*9l»

was

5'8lulB

Xa"i6

916l X

X (7 91

Saturday
Sunday

10....
11....

Nov. 30 to

some

part it was attributable to deposit of

X't7\b

Xa7™

XO-716

°ioa X

Xa716

Xa716

Xa'ia

9ifiU X

X<lh6

Xa°i6

Xa1 is

Xa7 ic

Xa716

9u,aX

Xd9l6

X 7.9lfl

bonds

Xa7n

Xa7ie

Xa7 in

916l X

Xa'ho

Xa°i«

For the four weeks the

Sunday
Xa7i6

916 0. X

Xa be.

Xa9 is

Xa7i6

Xa7i s

X0716

°ie 7 Mi

Hi9 IB

X a°ie

Xa7 is

Xa7 is

Xa'n

916(7 X

X a916

Xa7n

Xa716

Xa[i6

916(l1^

Ha9' ib

Xa716

^

Xa7it

Xa'u

916(7

X

Xa'he

Xa7\n

918(7

X

5-gaVo

$4}'7916

Xa7\6

916(I X

5-8«916

Xa9it

Xa7\f>

"ill1

9

5-8(l916

5-^ a916
•

M(2916

Saturday
Sunday

Holiday

26
27

-

-

-

23

~

-

^

-

-

~

Xa716

Xa'ie

'

Xa7 in

Xa7ie

-

X^in

2d

.

-

m

-

-

2.




91«'I l i

X',7 i.i

'4 i711

Xa7 ib

31-.-

i

l

S ilurdnv

increased

1

.

H

(7

916

Xa9i9

8

(/

9

Xa9ic

1 6

.re¬

$186,002,000

more

to a total of $S40,893,000.
System's holdings of Treasury notes

by $53,566,000

$7,618,000. while its investment in discount bills
In the last week of the month, owing
to the special circumstances existing in the discount bill
market, the System permitted $30,044,000 of its bills to
run off and replaced them with Treasury notes.
The rise in currency circulation over the four-week period
amounted to $124,000,000, in sfiite of a $31,000,000 decline
in' the week ended Dec. 28.
Member bank reserves de¬
creased $299,314,000 to a total of $8,577,167,000.
The gold
slock increased $196,000,000 to a new
high at $14,508,declined

Xa7 is

13

bank surplus

gold certificates with the Reserve banks by the Treasury.
Over the tax date tlie Reserve banks' holdings of Treasury

9mu X

Saturday

member

In great part this rise in the Treasury's balance
to funds taken from the market; but in

Xa~\t

17

28

ascribable

Xa7\c,

54'7°I#

Dec.

declined by $310,000,000 to a

918(7 X

-

Over the course of the four

drain on bank reserves.

rary,

Xa9 is

Xa7\6

«

recent tactics

5/|a°i6

Xa7 is

~

past, feel bound to replace
The implication here is

!^(I916

Xa11«

m

the

holdings.

9m X

Xa'he

w.

in

000,000 in the week ended Dec. 21.
Cash payments for the
new issues and
tax collections imposed a heavy, if tempo¬

5-8 a9 is

-

premium

the market.
tax date operations, their net effect was a
reduction in the surplus reserves of member banks of $500,-

ing effect

918(7 X

-

a

they would be faced with a decline in the System's port¬
folio.
This announcement may be expected to have a sober¬

Xa7^

23....

bidders who were paying

Accordingly, the Federal Open Market Com¬
mittee announced after its meeting on Dec. 30 that it would

for the issues.

X a7

22

to now, could

It has been able to replace the maturities without

difficulty.

great

Xa" is

21

up

System has handled its portfolio in such a way as to have a

Xa9is

Xa716

policy

large quantity of bills falling due each week.
Latterly the
maturities have been $40,000,000 to $55,000,000 a week or

6

Id

money

In the second place, the situation threw the Federal
out of kilter.
The

ity.

Xn9 16

20

System's

Reserve's investment portfolio position

5^U916

16..._

of the

longer derive any satisfaction where it was being paid
bonus to borrow.
This is easy money reduced to absurd¬

918(7 X

15.

the management

no

918(1 X

14....

before

better.
Clearly something had to be
Treasury, which has been pleased to take

advantage of the

full

Xo7\*

Xl716

never

They found that easy money was uniting

taken at par or

done.

Xo.7n

,

excessively—

say

instruments that the last two issues marketed in December

Xa7\%

Xa7 is

13

repaired.

portfolio difficult. The problem was considered
pressing enough for the Federal Reserve to call a special
meeting of its open market to take redemial action.
The nature of the problem was this:
Year-end considera¬
tions, State personal property tax dates early next year,
and the pressure of the enormous glut of excess reserves—a
new record high for these reserves was established during

XaXs

12

being

investment

Xah6

3d"I

but by the year-end the inroads on

already

special set of year-end and State tax situations to

a

7

9

bank reserves in the last statement

give an absurd complexion to the market for Treasury dis¬

6

„

a

confronted them.

Sunday
Xa716
Xo'n

4....

8

in

to

9i tiX

Saturday

_

response

Xa7i6

Xa7it

3

5

the volume of
holiday demands.
forces effected a sharp dip in

in

Xa7 is

Xa7 ib

2

financing

policy fostered by the Federal Reserve and
Treasury.
The monetary authorities found themselves

As

rains

Se-re'

Dec.

out of the

^better.

continued dull, and the

meager

survey

date

money

were

Call loans

tax

The second, seasonal

expansion

rapid

these

the month—made the

a

Dee. 3

the

speaking, there was one other influence which
brought to bear on the banking position in December.

was

in scant supply as year-end

Commercial paper continued

serve

were

Satur day

considerations

Six

of

the banking position.

on

from

Strictly

easy

Ninety

was

circulation

in

combination

bank

IX

Dec. 31.—

rate

origin,

week before Christmas,

IX

IX
IX
IX
IX

BANKS

CITY

YORK

the Treasury.

the volume of member

Holl day

Dec. 26...

the

its

The

Sun day

Dec. 27...

245

IX
IX

influences

stemmed

these

of

currency

Satur day

Dec. 25...

of

in

IX

Dec, 24

first

two principal

and tax collections

IX
IX

.

to

The

Sun day

Dec. 20...

RESERVE

IN NEW

statistics in December gave reflec¬

The Federal Reserve

IX

Satur day

Dec. 19...

•

FEDERAL

IX

IX

IX

IX
IX

IX
IX
IX

IX

THE

BROKERS' LOANS

IX
IX
IX

IX

IX

__

Dec. 14...

OF

RETURNS

Sun day

Dec. 13.

"

$15,000,000."

IX

Satur day

Dec. 12...

quiet

IX

IX
IX
IX
IX
IX

IX
IX
IX
IX
IX

1X

■

extremely

IX

IX

Sun day

4

Dec.

change occurred during December

no

conditions that have existed for
some
time.
Offerings remained very light and demand
active; rates were unchanged.
Owing to small increases
in several
classes of bills, the largest of which was a
the

$2,000,000 rise in export bills, the total volume of bills out¬
standing rose $3,000,000 during November to $273,000,000.
Since August, when the outstanding volume reached its
record low, to the end of November, there was a seasonal

IX

Satur clay

Dec.

bills and

own

RATES

LOAN

or

in

-

17

REVIEW

Jan., 1939]

dropped $45,948,000.

18

MONTHLY KEVIEW

000,000.Non-member deposits and other Federal Reserve
declined $63,000,000, a factor which helped to off¬

accounts

the reduction in reserves from

set

other

While loans and investments of

Dec. 28,

$54,000,000 in spite of the $47,-

Loans increased

000,000.

Statements for Novem¬

decline

in

deposits

in

the

writing, but

London

banks

a

was

indicated.
The

the four weeks ended

their direct Government securities decreased $27,-

September.

ber and December were not available at this

continued

causes.

the reporting New York

banks increased $92,000,000 in

City

conference at the end of

the pound aroused .concern in official
It was assumed by competent observ¬
that the British exchange equalization fund had lost
pressure

on

quarters in London.
ers

000,000 drop in loans to commerce, industry and agriculture.
Holdings of Government-guaranteed
securities increased

considerable

$51,000,000 and other securities were up $14,000,000.
De¬
deposits—adjusted increased $3,000,000, and Treasury
deposits, reflecting book credit • subscriptions to the new

currency,

mand

Treasury issues, were $5,000,000 higher.
Reporting banks in 101 cities had an increase of $436,000,000 in loans and investments in the four weeks from
Nov. 2$ to Dec. 21.
The main reason for this increase was
$204,000,000 in holdings of direct Government
Loans rose $170,000,000,
while Governmentguaranteed issues increased $36,000,000, and other securi¬
ties increased $26,000,000.
Loans to commerce, industry
and agriculture dropped only $12,000,000.
Reporting New York City bank loans to brokers and
rise

the

of

securities.

On

quantities of gold in its supporting operations.
in anticipation of the holiday demand for
the Bank of England increased the amount of

Dec.

6,

Government

securities

held

backing for the note issue

as

by £30,000,000.
On Dec. 20 the Bank of England requested the joint stock
to refrain from placing short-term deposits in New

banks

York.
The London banks immediately ceased placing new
deposits here, and there was evidence that they were pre¬
paring to withdraw them upon expiration of the deposit
period instead of following the customary practice of renew¬

ing such deposits for
Another official
national markets

Simon,

additional 90 days.
to strengthen sterling in inter¬

an

measure

also taken

was

Chancellor

of

Dec. 20 when Sir John

on

Exchequer,

the

announced

in

the

dealers in sMirities—the so-called brokers' loans—increased

House of Commons the reimposition of restrictions on Brit¬

$110,000,000 /to a total of $681,000,000.
These loans in¬
$124,000,000 in the two weeks before the quarter
financing date, but in the succeeding two weeks they failed
to show their customary rapid decline, their decline in this

ish

period being only $14,000,000.
Street loans, as compiled by
the New York Stock Exchange, increased $97,129,059 dur¬

$717,084,329 from the Nov. 30 figure of

December to

ing

$619,955,270.
amounted

A

ago,

year

Dec.

on

31,

1937,

these

$659,219,305.

to

EXCHANGE JN DECEMBER

COURSE OF STERLING

loans
/

/

Sterling exchange was under pressure throughout Decem¬
and there appeared to be an actual flight from the
situation

financial

drew

A sharp recovery in the French

from London

French

gold and currency.

to such

an

the

of

a

notable

volume

of

The French position improved

extent that the franc

steadily advanced in terms

pound from the supposedly fixed minimum of 179
the pound to 176.75 on Dec. 31.

francs

originally imposed in 1931 to guard sterling

was

against excessive pressure from

capital transactions.
The
February, 1938, when
partly relaxed in view of the strong position of

restrictions

they were
the

continued

pound

$5.03%

the

at

New

in

to

House

"The

in

British prestige

September caused
while there

removal of foreign funds from
decided movement of British-

the

London,

following the Munich crisis

was

capital to the New York market.
The gold price in London ruled at exceptionally high
rates as measured in shillings per ounce, indeed, at figures
previously recorded since Napoleonic times.
It will be
recalled that the gold in the Bank of England continues to
be valued at 84s. lOd. per fine ounce, the prevailing rate

not

prior
1931.

At

gold
not

of gold payments in September,
the beginning of 1932 London's official price for
just under 130s. per fine ounce.
The dollar had
suspension

the

to
was

devalued and

been

then

worth

was

in gold about 41c.

In March, 1935, when hoarding de¬
London reached excessive proportions, the

than it is today.

more

mand for gold in

that

New
has

York]

view

Foreign

the

immediate

restriction

restriction

is

is

ber ranged between 148s. Id. and
Private
instead

official

that the

price in Decem¬

149s. 7%d.

there

was

a

lively de^nand for United States cur¬

change in the regulations of the Bank of South Africa
the movement of South African gold to London,

arrested

while the supplies

and

various
tinued

were

from

London

of

extent

the

coming to the London market from
less than in many months, gold con¬

sources

to move

The
in

if

banks was

one

in

the

the

movement

United

in

rise

on

The

States

to

New

York

is

gold holdings, which

reflected
in May,

Dec. 28 reached
South

$14,508,241,200.

Reserve

African

Bank .issued

regulations in

mid-December under which gold buyers and hoarders wher¬
ever

located

credit

their

may

in

buy South

South Africa.

African gold and keep it to
The gold

must,

however, be

purchased in the London market at the London price.
Gold
earmarked in South Africa for private account may be

shipped to any destination
with

difference,

the

lower

on
or

demand or may be debited
higher, between the cost of

mileage, ocean freight, and insurance from Cape Town to
London and from Cape Town to any other destination.
direct

Thus

under

the

desire to

shipments to New York were made possible
regulations should an American purchaser

new

import directly from South Africa gold earmarked

there for his account.
The exodus of

firmness
were

the

need

affirmative when

of

purpose

an

for

the

restriction

asked

was

to

sterling currency."

obviously
did not

movements and

Britain's

at purely capital
failure to develop Great
market.

any

much-needed

Britain

Great

directed solely

imply

export
December

in

making

was

increase its export of commodities,
troduced in

Credits
and

effort

every

to

chiefly through the Ex¬

Guarantee Department, which early in December in¬

ports

the

bill

House

with

the

of

Commons

object

a
reenforcing Exports
expanding both the scale

of

variety of its operations.

Mr.

Hudson,

Secretary

of

the

Department

of

Overseas

Trade, said that the Department had assisted since 1926 in
financing not less than £180,000,000 of British exports and
that

nearly

The

bill

a

of

quarter

the

raises the total

fallen

had

sum

of the

within

Department's

1938.

guarantees

to be
outstahding at any one time from £50,000.000 to
£75,000,000, and enables the Department to ensure reexports

well

as

The

the sale

as

United

domestic products.
Department of Commerce

of

States

of exports

excess

050,000 and
United

over

favorable

a

$1,036,409,000.

the

imports

trade

was

November

in

balance

Great Britain

published

increase in the

an

for

the

11

of

coun¬

$76,-

months

the chief customer of

States.

Toward the end of December reports from London stated
States manufactured goods and farm products
had accumulated in British bonded warehouses in readiness

felt.

in

foreign funds from London caused unusual

money

market rates

as

year-end requirements

October bank statements showed that the London

clearing banks




to enter the British markets under

had lost £53,000,000 following the Munich

the reduced tariffs pro¬

vided in the Anglo-American trade agreement which became
effective
Gold

to New York.

1937, reached $12,000,000,000; in July, 1938, exceeded $13,000,000,000; in September passed the $14,000,000,000 mark,
and

concur—that

the latitude then

that United

rency.
A

I

on

think that

to

reason

circumstances

The removal of restrictions on foreign lending and the
request made by the Bank of England of the London clear¬

of

hoarding of gold in Lpndon declined sharply, and

was

generally acknowledged."

historic

shows

it

Advisory Committee

which

required

now

The Chancellor answered

member

present

Transactions

announced, and I have

one

the

to the conclusion—with

come

such

of

try's

below

1, 1938,

exchange, greater

our

In

then

was

figures in December which showed

The table

Feb.

on

position of

price of gold went to 149s. 4d., considered a record high.
On Sept. 28, 1938, at the height of the German-Czech crisis,
gold in London went to 147s., and on Nov. 26 reached the
high of 150s.

Simon

$4.67%@$4.67% for cable transfers in

a

owned

touched

John

[sterling

ing

intensified in November.
loss of

The

had

Sir

visory Committee.

"strengthen English

by

transfers

statement

latitude would, until further notice, be allowed with respect
to
certain applications to the Foreign Transactions Ad¬

pound, but commercial requirements on
effect on rates,
which have been influenced

political factors since the Jewish persecutions in Germany

cable

as

Iii his

recollect

will

by

adverse to the
the whole had little

until

said:

On commercial account as between the United States and

became

force

time,

York.

Great Britain the balance of payments was

entirely

in

stated that in view of the

ber

pound, chiefly into dollars.

foreign lending.

The ban

creased

Jan.

on

1,

offer

1939.

in

the London market during December
£13,509,000, as compared with £19,260,000 in
November and with £21,314,000 in October.
The mean Lonon

amounted

don

to

check

rate

Paris

on

ranged between 178.22 (favoring
(favoring Paris).
The London open
market gold price ranged between 148s. Id. and 149s. 7%d.
London)
an

and

The

ounce.

Bank

of

New

market

open

year-end

176.77

American

York)

money

rates

requirements.

two-months'

bills

months' bills

were

price for gold

continued

were

at

firm

were

In

$35

the

in

first

(Federal Reserve
ounce.
London

an

December, due

week

13/16% @15/16%;

of

the

three-

to

month

and

%%@27/32%, and six-months' bills

fourwere

%%.
On Dec. 17 bill rates were 1%% for two-months';
1/32% for three-months', and 1 1/16% for four- and six-

1

months'
1

maturities.

On

Dec.

two-months'

30

3/16%; three and four-months'

bills

were

1

bills

were

1/16%, and

six-months'

bills were 1%.
At the time of the Munich
September, two-months' bills went to 1 9/16%;
three-months' bills to 1 25/32%; four-months' bills to
tf^%,
and six-months' bills to 2%%.
Bill rates in December com¬
pared with rates prevailing throughout the greater part of
the year of between 9/16% and %%.
Sterling cable trans¬

crisis,

fers

in

sold

on

Dec.

1

at

$4.67%@$4.68%, and

(Continued

on

pope

1X3)

on

Dec. 31

at

*

r

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

DECEMBER 1938

RANGE OF BOND PRICES DURING

Jan. 1 to Dec. 31

_

range

28,422,386
409,464,570

27,492,069
297,466,722

1.

Jan. .1 to Dec. 31

2,792,531,000

NOTICE—Cash and deferred delivery sales are disregarded in the month's range unless they are
outside of the regular monthly range are shown in a footnote in the month in which they occur.

1937

1938
Shares_

December

$197,999,000

$217,609,000
1,853,885,000

December.

Stock Saves

1937

1938

Bond Sates

the only transactions of the month, and when sellin
No account is taken of such sales in computing th

>

for the year.

The tables

19 to 40 furnish a complete record of the transactions on the New

on pages

York Stock Exchange during

They need no extended introduction, as they are self-explanatory
The tables
embrace every security dealt in on the Exchange.
We give bonds first, using the classification adopted in the official list
The black-faced letters in the column headed "Interest Period" indicate in each case the month when the bonds mature.
In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds

for 1938.~

Dec., 1938, and

the

iare at a pr.ee to

which accrued interest must be added.
The exceptions to the rule are income bonds and bonds on which
This method of quoting bonds became effective Jan. 2, 1909.
Quotations after decimal point repre¬

nterest is in

range

default.

sent one or more

32ds of

a

'

point.
213

Sales for
12

N.

Y.

Ask

1946-1956

1,000

1940-1943
1941-1943

1941

112

11.792,000

77,000

774,000
19,000
5,541,000

8,141*.666
1,000

5,412,000

1,000

4,565,000
1,000

1943-1945

1944-1946

110.2r

D

106 9

Sale

105.3

4,080,000

12,525",000
172,000

3,545,000

113"l6

112 "2 5 Sale

j

M

S

107"

Sale

105.15 105

ioo'io 107".

10

2,864"000
12,000

1,920,000
21,000

1,227,000

4,000

5,149,000
2,000

5,356,000

593 ,000
490 ,000
249 ,000

542 ,000
532 ,000

358 ,000
449 ,000
640 ,000

3.859 .000
6,245 ,000
3,201 ,000

Feb.

118.30

Dec.

Apr.

114.23

June

9

112.17

Jan.

114.17

June

22

110.8

Mar.

113.20

Dec.

24

Apr.

112.27

May 24

104.13

Sept.

106.27

June

8

Sept.

106.14

May

9

106.16

Sept.

108.2

June

Feb.

107.5

Mar. 21
June

17
18

Dec.

Dec.

6 114.3

Dec.

6

Dec.

1

113.20

Dec.

24

Dec. 31 105.11

Dec.

3

105

106.26

107.4

Sale

109.17 109.30 109.30 110.5

A

107

J"

Sale

107 A1 Sale

109.30

Dec.

Dec.

23 106.31
10 110.1

Dec.

Dec.

20

8

Dec.

15

107.18

Jan.

110.25

107.15

Jan.

1945-1947
—1948-1951

14

2

110.22

June

106.26

Sept.

108.14

June

2

Apr.

107.5

Apr.

6

13

107.2

Jan.

110.5

June

8

12

107.14

Feb.

110.3

June

107

Jan.

110.3

June

10

106.30

Jan.

109.31

June

22

Dec. 28 109.31

Dec.

28

107.8

107 "l0 Sale

Dec.

16 107.14

Dec.

27

O

1074

Sale

109.15 109.27 109.28 Sale

AO

107.3

Sa'e

ioo"22

A

166730

6 109.29

Dec.

12 109.25

109.22

Sale

Dec.

109.25
Sale

109.23

Dec.

1 110

Dec.
Dec.
Dec

.13

16

D

105.28 Sale

108.23 Sale

109.12 Sale

108.23

Dec.

109.12

Dec.

19

105.27

Apr.

109.12

108.9

Sept.

109.3

Oct.

29

J

D

105.22 Sale

108 A3 Sale

109 "5

109711 1087l3~

Dec".

109.6

Dec. 22

105.19

Jan.

109.6

Dec.

22

J

D

105.10 Sale

107.27 108.8

108.24 108.30 108.14

Dec.

106.18 Sale

107710

Sale

104720

Sale

M

S

101.4

VI

S

101

Dec.

19

105.20
7 108.27

Jan.

105.20

Jan.

Dec.

22

105.2

AprA

108.27

Dec.

103.26

Apr.

107.11

Dec"." 23

104.9

3

22

Sale

M

S

103.26 Sale

M

S

102.1

Sale

io4~31

loom

Sale

"30

Sale

106.20 106.30 107.3

107.11

Dec.

23

Dec.

106.21

Dec.

2

103.27

Dec.

104.23

Dec. 31

101.24

irnkjo
Apr/1

104.23

Dec.

31

103.27

104.1

Dec.

106.15

Dec.

104.15

Dec.

30

101.24

Jan.

3

104.15

Dec.

30

Dec.

107.3

Dec.

13

103.25

Jan.

3

107.4

Oct,

27

103.25

sale

30 Sale

Apr.

11

106.24

Oct.

11

Dec.

19

101.27

Apr.

11 105.30

Apr.

106.16

107.12 106.25

105723

Sale

103.19 Sale

104.9

102727

"

107.2

Oct.

17

Dec.

19

104.9

Dec.

31

May

102.31

May

17

Apr.

103.17

Oct.

26

101.6

Mar. 21

105.19

Dec. 30 105.30

Sale

103.15

Dec..

2 104.9

Dec.

31

100.26

102.31
103.14 Sale

102.22

Dec.

1 103.16

Dec.

23

100.14
101.6

105.10

2

Mar.

—

1951-1954
-

1956-1959
* „

..

M S

100

Sale

.;

102730" Dec"."30

Sale

102""" Dec."

100.6

Sept.

102.30

Dec.

101.2

Sale

102730

Sept.

101.2

Sept. 23

102.21

102.6

1958-1963

Sale

102.7

Dec.

15

102.25

Dec.

23

102.7

Dec.

102.25

Dec.

23

106.12 106.19 106.8

Dec.

28 W6.14

Dec.

22

102.14

Jan.

106.14

Dec.

22

101

1

--

1960-1965

---

—

1945

I

I)

J

D

102 17 Sale

105.31

106. S

104724 Sale"

M S

..1949-1953

j"

D

M

105.10 Sale

104.24

Dec.

1

105.13

Dec.

12

Sale

1Q2.25 Sale

101.31

Dec.

2 102.27

Dec.

31

Dec.

16 102.14

Dec.

16

10271

Sale

102726

Sale

101.29

Dec.

2 102.26

1027s

S

99.23 Sale

102

102.14

194v

Treasury 25*s
Registered

Treasury 25*8.

Sale

102.3

Dec:

15 102.11

Dec.

107.12 107

Dec.

10 10,7.8

-

-

i.1950-1952

Treasury 2s

n

1947

.

Dec.

12

41102.27

Dec.

31

Dec.

16

Jan.

99.25

Apr.

1944-1964

M S

103.10 104

106.20 107.7

107.2

1944-1949

3s

Registered

M N

103.25 Sale

106.14 Sale

106.22 107.4

103"30 Sale"

105720

10671

...1942-1947 j""3

Registered

Dec, 12

100.4

14l 102.14
Sept.28'102.26

22

102.3

Dec.

Dec. 29

103.28

Dec.

103.4

Dec. 12

U

102.11

Dec.

22

Jan.

28

107.10

Oct.

21

Apr.

2

106.30

Dec.

14

18

Corp—

3^8
Registered

3s..-.-.

30

Mar. 31i 105.13

99.18

105

Registered
Treasury 25*8...

106.4

106.14

1067 5" 105729
105.31

- — -

1042-1947

2?*s

vi

10 472"]

s

105.7" 10572"

105.12 105.2

Dec.

1

106.30

14

103.22

Sept. 18 106.1
Jan. 27 106.18

July

Dec" "1(5 10673"" Dec."29
Dec.

3

104.16

Mar.

8 105.31

Deo.

3

Apr.

5 105.11

Oct.

19

Dec.

24

Dec.

3

105.31

Dec.

5 105.5

Dec.

21

102.13

103.9

June 21

Mtge Corp—
103 25 Sale

1939-1949

FA

101

1942-1944

J

2J*s Series B

106.17 Sale

106.26 Sale

106.17

Dec.

1 106.28

Dec.

24

Sale

102.11 Sale

102.7

102.15 102.10

Dec.

2 102.15

Dec.

9

Sale

"25

1047s"

104 77"

104713 104710" Dec." 16 1047147

Dec.

19

Registered..
2^s Series G-

J

1016

104716

11 106.28

May

3 105.20

May 17

101.9

Apr.

4 103.13

Apr.

101.29

VI N

Registered

Apr.

105.9

.....1944-1952

3s Series A

Mar. 25 102.17

Sept

101.5

Apr.

1 104.15

June

22

GOVT & MUNICIPALS

(Colombia)—

6s

13

25

♦Gtd sink fund 6s

13

22

1947
..1948
Vkershus (Kingd of Norway) 4S-.196P
♦Antioquia (Dept of) Col 7s A...1945
♦External s f 7s series B
1945
♦External s f 7s series C
...1945
♦External s f 7s series D
..1945
♦7s 1st series
1957
♦7s 2d series
1957
♦7s 3d series—
1957
Antwerp (City) extl loan 5s
1958
Argentine Nation (Govt of) —
Sinking fund externa! 4V*s
1971
S f external conv loan 4s. .Feb 1972
S f extl rnnv loan 4s
Apr 1972
♦Gtd sink fund

For footnotes see page




20

107.5

109.31
F

101.24 Sale

Treasury 25*8
Registered

FOREIGN

187 ,000
334 ,000

117.7
111.22

Dec.

2 114.18

106.15 Sale

.1955-1960

—

Agricultural Mtge Bank
227 ,000

106"23

"IS

-

Treasury 25*8
Registered

Home Owners

3,429,000

Dec.

14
31

14 118.30

Dec.

1

105.20 Sale

—1951-1955

Registered
Treasury 25*8
Registered
Treasury 25*8
Registered
Treasury 25*8
Registered
Treasury 25*8
Registered
Treasury 25*s

Federal Farm Mortgage

1,767,000

119.6

Dec.

Sale

107

Registered
1 10,000

Apr.

114.1

113.24 112.25

D

1946-1949
1949-1952

Sale Prices

116.4

Dee.

114.17 Sale

Sale

,— -

75,8,000 Treasury 2?*s

4.533,000

119.6

118.17

119.4

106 30 Sale

1946-1948

-

114.3

no'ti

-

Registered

112.11

MS

—

22,000

Sale Prices

Sale Prices

Sale Prices

Ask

107.3

D

119.2

118.19 Sale

— -

-

Registered
1,000
2,874,000 Treasury 3s
Registered
4,234",000 Treasury 3s

1938

Highest

105.1

J

1943-1947

2,434,000 Treasury 35*8
Registered
6,000
2,888,000 Treasury 35*8
Registered
51,000
2,814,000 Treasury 35*8
Registered
48,000
2,550,000 Treasury 35*8
Registered
9,000
2,309,000 Treasury 35*8

YEAR

110.12

116.22 Sale

Registered

2,097,000 Treasury i%a
Registered..:
61,000

Ask Bid

Lowest

Highest

114.3

O

i.

Registered
3,000
1,973,000 Treasury 35*8
16,000
Registered
1,731,000 Treasury 3J*s

Bid

Lowest

31

118.30

A

Registered

1944-1954

Dec.

Dec. 1

1938
Bid

2,617,000 Treasury 49
26.000
Registered
2,214,000 Treasury 3%s

RANGE FOR

IN DECEMBER

Jan. 3

STOCK [EXCHANGE

U S GOVERNMENT BONDS
1947-1952
2,776,000 Treasury 45*s

10,000

PRICES

Price

BONDS

Months
1938

9

8

94

10 4

93

54
5 4
5 4
5 4
5
5
5

—

-.

8

254
254
93 4
10 4
104

25 %
25M

.

98 4
M N

96 4

F

A

A

O

8S4
884

6
«

9

64
6 4

64
...

Sale
Sale
Sale

7 4
7 4

74
96

87 4
80 4
80 4

26
-----

96
94

Sale

Sale
7 4
84
98

Sale
Sale
Sale

104
84
84
8 4
95
87 4
78
7 8

26
26
95
Sale

94

Dec.

8

8 4

114

84
84
74

Sale

10
9 4

104
954

Sale
Sale

785*

7 4

74

30

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Dec.
9
Dec.
Dec. 23
Dec. 31
Dec. 29

93

Dec.

21

6

Nov.
Jan.
Jan
Mar.

104
9 4
9 4
94

4 Dec.

114

Dec.
Dec;
Dec.
Dec.

31
27
29
29

6

Jan.

iH H&.

Dec.

"

855* Sept.

94

Dec.

16

97

84 4
76

Dec.

13

Dec.

13

705*

l)ee'.'

11

874 Dec.
80 4 Doc.
Dec.

30.

\

255* Nov. 30
8
255* Dec.
96 5* Sept.
7
105* Dec. 31
105* Dec. 29

165* Jan.
175* Jan.

254
254
944
104
104
10

254 Dec.
254 Dec.

6
6

10

105*
9 5*
95*
95*
1005*

5 H Mar.

845* Dee.
70

1

Dee.

76Vh Dee.

14

Dec.

21

Dec.

31

Dec.

27

Dec. 29
Dec.

29

Feb.

25

965* Jan.
885* Jan.
885* Jan.

3
3

3

30
Sales
12

n. y. stock

for

Price

bonds

Months

1938

M.

EXCHANGE

Y. UTOCK

(C«H*wi)
Australia 5s of 1935
July 15 1955
External loan 5« of 1927
1957
External ft 4%S '01 1928.-1956
♦Austrian Govt S f 7s
...1957
Foreign

Government

3,8yi ,000
2,2<i3,0U0
4,0l*,UU0
1,10J,uuu
z 13,000 ♦Bavaria (Free State) extlbH*—*945
1,too,000 Belgium 25 year external * Ha—1949
External s f 4a—.
-.—- -1955
l,l/d,0UU

£

&

j

104

M N

100 %
103

j

F

A

M S

j

J

----1941
.--1957
1957
---1952
1957
1958
—..-19511

(U S of) external 8a

of 1924
1927...
♦Cent Ry 30-year g 7i
Brisbane (City) sf5»
Sinking fund gold 5s
20-year • f 6a
♦Ext • f g *%«

♦Extl l f 4H« of

106^1

2,309,000
o2,000
1,519,000

F

A

j

D
D

1960 A

fund 4 6a

♦External sinking

-Feb
Feb

3-4,000

♦6s

assented

1961

6s

♦Ky ref extl s f g
♦6s assented

/o,000

f 6s Int ctfa

♦Extl

550,000
o,000

♦Extl sinking fund 6a

♦6s assented

--

♦68 assented

—

♦External sinking

1,241,000

Sale

102)1

Sale

fund 6s

ts

N

D

1961

♦6s assented
22,000
♦Guaranteed sinking fund 6b
86i,000
o ,000
♦68 assented
1,004,000 ♦Chilean Munlc Loan 7s
10,000 ♦Chinese Hukuang Ry 5s...
111,000 ♦Cologne (Germany) • f *%•
Colombia (Republic of)—
♦6s of 1928
...Oct
3,035.000
♦Extl s f g 6s
2,324,000
Jan
112,000 ♦Colombia Mtge Bank 6)48
248,000
♦Sinking fund 7a of 1926
—
113,000
♦Sinking fund 7s of 1927
1,979,000 Copenhagen external 5s.
Gold 4%s
1,617,000
36,000 ♦♦Cordoba (City) 7a
♦♦7s stamped.
494,000
252,000 Cordoba (Prov) Argen 7s
....

—

.

..

—

—

-

—

O

1961 A

70
69 %

69 %
69 %

Sale
Sale
Sale

n

M

1951

J

D

1950 ai
A

O

1961

1961 J

J

1947 A

Sale
Sale

1953 M N

1957 F A
1957 F A

1942 J

J

MN

Sale
Sale

.

Sale
Sale
Sale

59
Sale

31%
26

97

101

Sale

98*4 101

99

10*4

10*4 Dec

15

12*4 Dec

31

63

60
■

Sale

13*4

_

33

16** Sale
16%

Sale"
17%

"17%

"16% "17*4
16*4

Sale"

"11% "15%
"1V% "15*4

"11% "11%
"11% "15""

"16*4 "12"
20

40

Sale

40

—34*4

12*4
13

14*4
Sale
22
20

99*4
97*4
52%
53*4
.....

23*4
Sale
9754
54
Sale
86

97*4

96

Dec

100

Dec

Dec

102

96*4 Dec

Dec

11

1*>

h

13*4

1

62

Sale

62

50*4

Sale
52*4

49*4 Dec
49*4 Dec
50*4 Dec

Dec

50
50

55

Sale

29
Sale

3

62

15

\VA

Sale
Sale

16*4
Sale
Sale

14*4
Sale

14*4 Sale
14*4 Sale
12*4
14*4 Sale
12*4
14*4 Sale
12*4
14*4 Sale
12*4
13*4 "14""
20*4

52

Dec

1

37*4 Dec

41*4 Dec

19

30*4

35

31*4 Dec

36*4 Dec

13

104

?t*

110*4
110*4
102*4
Sale
103*4
Sale
101*4
Sale
97*4
18*4
21*4

56

vy*
30

28
Sale

Sale

15*4

17*4 Sale
15*4 Sale
Sale

15*4
17*4
15*8

Sale

18

Sale

15*4
15*4
12*8
15*4

9

30

30

98

Dec

30
31

Dec

10

98%
97*4
92*4
16*4

Dec

32*4 Dec
29*4 Dec

2

29

Sept.
Mar.
Mar.
Sept.
Sept

1

26

Dec.

-----

20

26*4 Dec

26*4 Dec

27

15*4
14*4
15*4
13*4
15*4
13*4
15m
13*8
lo*4

Dec
Dec
Dec
Dec
Dec

18

14*4 Dec

93

8

28
17
11
7
10

7
7
3
13
8

Dec. 30
Jan.

20

Dec. 30
1
Dec. 31

Aug.

32% Sent
26% July
19"
14

1

28

June 23
Dec.
l

14*4 Apr.
13*4 Dec.

19*
15.

18

Dec

31

15

dec

15

Dec

19*4 June 23

Dec
Dee
Dec
18 % Dec
15*8 Dec
13*4 Dec
15*4 Dec
13*2 Dec

18

Dec

Mar.

_

June 22
Nov, 22

30

13*4 Dec.

15

Dec

31

15

19% June 22

15%/Dec

31

13*4 Dec.

31
29

15

28

18

Dec

38

15

Dec

28

17*4 Dec
14*4 deo

28

2

28

18

Dec

15*4 Dec
15*4 Dec

30

27
5

28

28
28

9

13

Dec

29
21

15*4 Dec
Dec

30
13

Dec

31

13*4 Dec
15*4 Dec

31
31

12 *4
16

13

Oo

"

31

27
28

Mar.

Mar. 23
13% Dec. 281
15
1'
Apr.
13 *4 Dec. 28
14% Apr.
13*4 Dec.
12% Mar.
12*4 Dec.
12*4 Mar.
12% Dec.
12*4 Mar.
12% Dec.
13
Mqr.
12*4 Dec.
11*4 Mar.

31

Dec

13

28

14)4 Dec

30

20

20

Dec

20

19*4 Dec

7

18
18

Sept.

10

Mar. 29

10

Mar. 29

Dec
Dec
Dec
Dec
Dec

1

21 *4 Dec

29

1

21 Vo
21 % Dec.

30

2

Dec

12

94*4

18*4
18*4
25*4
25*4
25*4
94*4
93*4

Dec

Dec
Dec

Dec

31
21

25*4
25*4
25*4
97*4
95*4
58

Sale

Jan.

30

29

19*4 Dec

25*4
25*4
27
25*4
95*4 Sale

Jan.
Dec.

7
15

12

31

20%

21*4 Sale

53

10
10

Dec

20

Sale"

70*1
70*4
70*4
72*4

11

Dec

35

15*4"

Sept.
Sept.
Sept.
Dec.

t

85

78%
79*4

Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

4

18
14

Aug.
5
Feb. 16
38
Mar.
9
32 h Sept.
1
a27
Sept. 1

Mar.

31

23

15

15

21

Sale

Dec

Jan.

8

13

18

13*4 Sale
15*4 Sale
14
12*4
15
13*4

2l *4

o27
26

29*4 Dec

18

14*4 Dec
12*4 Dec
14*4 Dec
12*4 Dec
14% Dec
12h Dec
14*4 Dec
12*8 Dec
13*4 Dec

\fA

2

23

36*4
35%
111%
113*4
103%
104%
102%
99*4

Mar.

104

102*4 Dec
98*4 Dec

28

29

Sale"

18

Dec

111% Dec
110)4 Dec
103*4 Dec

30

15*4
18

31

35

31*4 Dec.
31*4 Dec.
103
Sept.
106
Sept.

Dec
Dec
Dec
Dec
Dec
Dec
Dec

19

18*4 Sale
18*4 Sale
25*4
25*4 30
25*4
97*4 Sale
94*4
95*4

3

55

Dec. 31

64
Apr. 23
49% Sept.26
47
Sept. 27
50*4 Dec. 23
50
Sept. 27
36% June 17

1

40*4

Sale

16% Sale
14%
16% Sale

16%
14*4
16*4

14

51

101*4 102*4 102*4
98M Sale
98*4
22
20
18*4
31
34*4 31*4
29)4 Sale
26*4
24
30
22*4
29% Sale
26*4

14*4
16%
14*4

Dec

38*4

Sale
110*4 Sale 111
110*4 Sale 110*4 Sale
102*4 103% 103*4 Sale

16%
14*4

7% Sept. 28
78% May 3

53*4 Dec
54*4 Dec
54)4 Dec

Dec

Dec. 28

8% Sept. 26 19*4 Jan.
8*4 Dec. 13
19 *4'Jan.
8% Dec. ' 8 19*4 Jan.
95
Sept. 29 102
Mar.
95
Apr.
1 101*4 Jaa-f
98
Mar. 31 103
Aug.

2
26
4

2
6

Dec
Dec
Dec

Oct.

2

17% Jan.
16 H Jan.

3

17

2

2

65

75

56

Dec

9

57*4
77

60
80*4

51*4
76*4

57
81

51*4 Dec
71*4 Dec

17

57 % Dec

3

8

77*4 Dec

2

,l9>*

19*4

20*4

21*4

19*4 Dec
107*4 Dec

2

21*4 Dec
3 107*4 Dec

14

15<*

Dec. 31

15

Dec. 19
June 24
Dec.
2

19% June 23

19%
14*4
19%
15*4
18%

June 23

Dec. 30
June 23
13
Dec. 21
18% June 23

12% Dec. 13
June 23
13 % Dec. 13
18*4 June 24
13
Nov. 17
18

18*

June 23

30

May
22% Nov.

3
12

21% Dec. 29
21% Dec. 30

11

26

Nov. 18

10
8

26

Nov. 18

3
25% Dec.
83% 4ept. 26 101% Mar
7
83
Sept.28 100*4 Mar
3
55
80
Sept. 27
Jan. 24
43
Apr.
6 64*4 Oct. 25
8
71*4 Dec.
90
Jan. 17

1

60

Jan.

Dec. 30

I

17*4 Sale

F

A

103*4
95

102*4 Sale
71 % Sale
o
o

105
104
Sale

105*4
103*4
100*4
60*4 Sale
100*4 101

W
75

Sale

104
104
102
60

70

80

104*4 Sale
100*4 Sale
99*4 Sale

101
Sale

102*4 103
74
72%

77

101*4
99*4 Sale

104*4

74
Sale

100

Sale

Dec

102

58*4 Dec
100*4 Dec

103

72
75
75

Dec

60*4 Dec

20

96

1

52
100

Dec
Dec

14

73*4 Dec

Dec

101

1

75
75
105

Dec

9

Dec

6

Dec

6

101

Dec

2

99*4 Dec

103*4 Dec
100
Dec
97 *4 Dec

16% May 21 24
Jan. 31
101% June 15 107% Dec. 20
102*4 Oct. 15 110% Feb. 15

23

Dec

2

100

105

—

Sale

31 *4 Dec

21*4

103

a

Sale

~

—

53*4 Sale
54 *4 Sale
52*4
55

24

e

a

16

,VV*
100

100**

m

.

16

100
Sale

Sale

A

D

9

Dec

Dec

8*4 Dec
8*4 Dec

56

1946 M N
1952 J

Dec

Dec

9

Sale

37*4

O

1947 F

87*4 Sept. 28 106*4 Feb.
85*4 Sept. 28 102*4 Aug.
16
Dec. 30 105% Feb.
14
17*4 Sept. 30 23
Mar.
8
98
Jan.
Sept. 28 108
2
'96*4 Sept. 28 107*4 Jan.
3 105
Sept. 28 115*4 Feb.
1
18
Sept. 17
23*4 Feb.
2
17% Dec. 22 24
Mar.
1

6

10*4 Dec
10*4 Dec
99*4 Dec

11

Sale

72% Sale

e

1951
361,000 ♦Costa Ulca (Rep of) 7s
144,000 Cuba (Rep of) 5s of 1904
1944
5l ext debt Ser A of 1914
1949
89,000
186,000
IHa external loan
1949
2,063,000
4)48 external debt
1977
330,000
30-year a f 5)4*.
1953
♦Public Works 5%s
June 30 1945
6,121,000
1,111,000 Czechoslovak (Rep of) extl 8a ..1951
Sink fd 8s ser B
685,000
.1952
3,219,000 Denmark 20-yr external gold 6s .1942
External ii
1955
2,292,000
External g 4h*—
...1962
3,757,000
UDeutsche Bank Am part ctfs
1932
♦♦Stamped extd to Sept 1 1935
86,000
1942
170,000 Dominican Republics f 5(4s
1st ser 5(is of 1926
1940
75,000
2d series sinking fun<|, 5 <s
83,000
—1940
Customs Adm 5)4s 2s ser.
1961
151,000
5%s 1st series
1969
69,000
5)4a 2d aeries-_*
61,000
-_-f 1969
J 1945
61,000 ♦Dresden (City) extl 0 f 7s
.

S

2

12?|

Sale

Sale

Highest

Sale Prices
Sale Prices
88
Sept. 26 106*4 Feb.
3

2

10 %

12

53

1962 M N
1960

Dec

10*4
10*4
10*4
97*4

.....

O

1962 yf

20

107*4 Dec

Dec
105)4 Dec
115
Dec
Dec
Dec. 23
IV* Dec
Dec. 22 20% Dec

Sale

78

D
A

Dec

23*4 Dec

9%
9*4
9*4

60

'

1961

Dec. 30
Dec. 27

"12*4"

85

D

1961

103*4 Dec.

Dec. 21 103*4 Dec
Dec. 21 100
Dec

YEAR 1938

Lowest

106

1963 M N

1957 J

Sale Prices

Dec. 20

Sale

70

S

d

Sale Prices
100

101%
100*4 101*4
99*4
98*4 Sale
97*4
Sale
16
17*4
16*4
19
22*4
22*4
107*4 l06*4 106*4 106
Sale
Sale
105
104*4
114
Sale
118
113*4
Sale
21
19*8
21
"18*4 19*4 17*4

106

16*4

1962 M

Ask
Sale

Sale

80
70

S

1962 M

Highest

Sale

14*4

1957 j

-

107""
104*4
113*4
20*4

Ask Bid

10*4

"l6% Sale'
M

RANGE FOR

Lowest

Dec. 31

Sale

22% Sale

16%

1963 M

♦6s assented
28,000
993,000 ♦Chile Mtge Bank of gu a f t %»
2 7,000
♦6%s assented5o 1,000
♦Guar a f gold 6)48
1L ,000
♦6%s assented
911,000
♦Guaranteed,^ f gold 6s.

22*4

Sale

1961

Jan 1961
Sept 1961
Sept 1961

97.J.OOO
11,000

a

O

1961

Jan

♦External a f gold 6a

1,913,000

23 %
Sale

1960

♦6s assented

100

22

1942 MP

«

103*4
103*4

Sale

18 %
19
99% Sale
99%

—

— —

Bid

Sale

eg

j

♦7s assented—

105
Sale

Sale.
104)4 Sale

in

495,000 ♦Budapest (City of) 6a
—1962
M S
i9,000 ♦Buenos Airss(Frov)ref.ext'l a 16a 1941
M S
31,000
♦Stamped
—
1961 F A
lo,000
♦6*$s stamped
1977 M S
2,7/o ,000
Readjustment 4X-4%s—
—
1976 F a
SoZ.000
Refunding a f 4)4-4 %s
—
1976 A O
Extl readjust 4%s-4%»
*o-t,000
1975 MN
Extl s f 4%-4% 5 bonds
5to,000
j
1984 j
212,000
3% external a f $ bonds
Bulgaria (Kingdom of)—
J
1967 j
♦Secured s f 7s—
522,000
1968 M N
♦Stabilization loan 7*4s-ots.UOO
1960 A O
2,23o,000 Canada (Dom) Gold 4a
1952 H N
2,3iy,000
30-year gold 5s
- - F a
l.yoi.UOO
10-year 2 %•Aug 15 1945 j j
1961
2,13u,UU0
25-year 3)48
j
1944 j
1,3-40,000
7-year 2)4*
j
1967 j
b,o*6,000
30-year 3a.
j
1954 j
I5o,000 ♦Carlsbad (City) sf8a
1950 M S
loo.oOO ♦Cent Agrlc Bank (Ger) 7a
j
1960 j
330,000
♦Farm Loan a f 4a
1960
♦6s July coupon on
4,000
1960 A O
638,000
♦Farm loan a f 6s
1960
7 ,000
♦6s Oct coupon on
—
1942 M N
95o,000 ♦Chile Republic ext a f g 7s
lo.OOO

Ask
Sale

Sale

yHS.OUO
External sf 7«
1955
ZtfZ.OUO ♦Berlin (Germany) • f *%•
1950
♦External linking fund ti..—1958

3 o> 1,000

♦Brazil

104)4

M S
J

Dec. 1

1938
Bid

j

PRICES IN DECEMBER

Jan. 3

hO,

...

2,210,000
3,33/,000
2,ao,ouo
1,2rt2,0UU
5.->8,000
Oo3,000
441,000

exchange-bonos

Jan.

18 102

Mar

Aug. 25 62% July
May 24 106
Feb
9 78% Feb
62*4 Apr.

30

21
4

15
Mar. 23 104
Jan. 24
50% Oct. 13 105
Jan. 25
93
Sept. 28 106% Feb. 14
50

Sale

93% Sept. 28 104
91*4 Sept. 2s 102

Feb.

2

Feb.

25

83

97*4

Jan.

July

June

67

June
June

65% ort
65% Oct

3

55
55
56
55

Jan.

67

Dec.

Nov. 23

.

8

75

85

M

S

50

66*4

A

O

50

65

57
61

A

O

50

64

M

S

50

59

A

O

A

O

50
50

M

...

..

El Salvador (Rep) let

•'

65

57

70

64*4

63

68

62

64

70

60

5854

65

70

59

63

75

66

64

Dec.

100

6

66

64*4 Dec. 13

65

67

65

Dec.

10

65

Dec. 22
Dec. 14
Dec. 10

66

64

Dec.

8

67

Dec.

65*4

69*4

65

Dec.

6

65

Dec.

6

55% June

65'w

60

75

65*4 Dec.

7

65*4 Dec.
20*4 Dec.

7

51
19

13

22

'70

M N

19

Dec. 27

6

Jan.
Feb.

Mar.

1

26

27
3

65% Dec.
7
Apr. 12

Hs A —1948
J

J

♦Certificates of deposit
192,000
I
......1967 J
193,000 Estonia (Republic) 7a
Finland (Rop of) asternal 6s
1945 M S
412,000
1953 M N
240,000 ♦Frankfort (City ♦) a f 6(4*
812,000 F>ench Republic 7)4* stamped.,1941 J D
7 (4« unstamped
1941
342,000
External a f 7a stamped.
1949 j"b
279,000
7s unstamped
1949
80,000

25
34*4
99*4 100
107
108

102*4
92*4
100

21*4
Sale
98
.....

99*4 102

15
97

106*4
-----

109

18

98

Sale
21
Sale

103
120

103*4

13*4
97

15*4
100

105*4
18*4

13*4 Dec.
96*4 Dec.
105*4 Dec.

28
12

15*4 Dec.
97*4 Dec.

10 106*4 Dec.
22
20)4 Dec.

9
19
1

18
Dec.
2
20
107*4 107)4 Dec. 23 109*4 Dec.
6
Dec. 13
103*4 Dec. 16 104
Dec. 12 123
Dec.
112*4 118*4 112
2
.....

103

-----

103%

13*4 Dec.
95

30

Mar.

23

Nov.

109% Dec.

5

9

6

104

Dec.

123

Dec.

2

107

99% Jan.

.....

Mar

100% Mar. 9
108% Jan. 24

104*4 Mar.
18
Dec.
99
Mar.
93 *4 May
104*4 Apr.

Oct.

11

13

German Gov't International-*

6,650,000
599,000
2,000
3,391,000
538,000

♦35-year 5.(4s stamped
.

♦German

222,000
125,000
57,000
31,000
113,000
222,000
29,000
3,836,000
506,000

*

D

1965

♦7a unstamped

J

O

(Cons Agrlc Loan) 6(4s aer A. 1958
♦Greek Govt secured 7a
1964 MN

20*4

30*4

31*4

28*4

27

Sale
27

—.

30

33*4

19*4

26

20

1968

paid

29

22

.1952 a"o
♦Hamburg (Stata) 6s
1946 a o
J
♦Heidelberg (City) extl a f 7)4e..l950 J
Helslngfors (City) ext 6(*s
I960 a o
Hungarian Cons Municipal Loan—

Haiti (Rep of) 6s series A
_

87*4
19

21*4
84

Sale

19

105

—

...

19% Dec.
18*4 Dec.

29% Oct.

1

26

Oct.

3

July
38% Oct.
28% Oct.

5

28)4 Dec.
25*4 Dec.

16% Sept. 28
16*4 Sept. 27
July
5
23% Sept. 28
20 •
Sept. 29

25)4 Dec. 28

24% Mar.

29

29*4 Nov.
19
Sept.
22*4 Apr.

33

23

29

Jan

21

19
70

27

Jan

21

85

Jan.

24*4 Dec.
20*4 Dec.

26*4 Sale
24*4

23

24*4 Dec.

23)4 Dec.

103*4 Sale

59

♦Hungary (Kingdom of) 7)4s

1944
1979 F

Extended at 4)4% to

Irish Free State external 5s—.

.

1960 F
'

A

18

57*4

A
A

46

41*4
36*4
101% 113

113""

w*

103* 8 105
✓

10%

12*4

19*4
9*4
9*4

11*4
13*4

29*4

80

Sale

75

80

62

67
Sale

58*4
83*4

Sale

54*4

Sale

79

Sale

65

Sale

64*4

1,273,000 Italian Public Utility iff 7a— 1952
5,327,000 Japanese Gov extl a f 6Ha......1954
Extl sinking fund 5%s
1965
4,717,000

J

J

F

A

m N

77
64%

"37)4

Dec.
Dec.

Dec.

15

27*4 Dec. 30
6
22*4 Dec.

103*2 Dec.

22

15 .84

Dec.

1

18*4 Dec. 16

5 104)4 Dec. 30

9%
9*4
9*4
9)4
37*4

Dec.
Dec.
Dec.
Dec.
Dec.

29

Dec. 28

9

13
'27
28
14

11*4
11*4
11*4
9*4
37 %
36*4

7
Dec.
8
Dec.
1
Dec.
Dec. 22
Dec. 14
3
Dec.

108*2

1)

1951

11

32

Italian Cred Consortium 7a ser B 1947 m .8

Italy (Kingdom) external a f 7a

21%

20)4 Dec. 20
27*8 Dec. 30

17*4 Dec. 28

39

F

23*4

22

20

14*4
11*4
12*4
9*4
11*4 Sale
12*4
11.*4

.

21

Dec.

78

19

..

21

25

20

23%
19%
19%

18

25*4

'28**
33

20

17%




20*4

21*4

22

17%

f g 7(4s

For footnotes, see page 30

Sale

19
80

J

•

.1945 J

26

24*4
27*4
Sale

J
♦Secured s f g 7«
1946 J
♦Hungariao Land Mtge 7)4a A. 1961 m N
•S f 7)4a series B.
.1*61 m N

♦Secured

20*4
.....

29*4

.....

29*4

25*4

1968 FA

...

.

26

20

1964

♦7s part paid

♦6a part

24*4 Sale

23

3
1

Bks—

•

•S f secured 6a

25*4
23 f

24

1949

Communal

25*4
21*4
20

Republic 7s stamped.. 1949 A O

German Prov fk

331,000
49,000
165,000
190,000
385,000
206,000
186,000
56,000
241,000

1965

*5 (4s unstamped

♦5(4« atpd (Canadian holder).. 1965

80 *-4

Sale

77

Sale

80

Sale

73

79

Sale
81*4
Sale

72*4 Dec.
75

29

Dec. 28

81% Dec.

2

80

Dec.

1

Dec.

7

78

Dec.

29

86

Dec.

5

64*4

Dec. 30

70

Dec. 22

50*4 Dec. 29

59

July
30% Jin.

Dec.

Feb.

17% Dec.
16*4 Apr.
102

22% Nov.
20

Oct
105% Oct

Sept.

7*4 Sept.17
9
Sept. 17
9
Sept. 23
9% Dec. 28
37
May 2
29

Dec.

112% May
54
Sept.
63% Sept;
43
Sept.
61*4 Aug.
44
Aug.

Sent. 13

28

19

Jan

28
12

5
5

21

25
28

18% Jan

11

18

Jan

25

14

Nov

9

59% Feb. 16
43
Aug.
1

25 117% Mar 30
26
82
Jan. 19
29 81% Nov: 9
27
65% Jan. 12
3

86

Nov.

5

3

72

Nov.

5

"3

Sales

for

813,000
572,000
128,000
57,000
1,243,000
1,177,000
843,000
1,257,000
1,540.000
2.438,000
2,347,000
143,000
178,000
2,057,000
1,443,000

Bid

d

♦Medelltn (Colombia) 6%s

d

1954

o

j

♦Mexlco(u s)external 5a of 1899£ 1945 q
♦Aaaentlng 5a of 1899.
...1945
♦Aaaentlng 5a large.
Q
♦Aaaentlng 5a email
♦4a of 1904

1954 j

1954 j

1%

s

f

♦Secextl

s

f

6% a
6%s

1958 m
1959 m
....1952 j

♦Montevideo (City) 7a
♦6a series a

o

5%

a

f

fe

195?

g 5a

f

9

55
55
101

a

External a f g 5a
1958
Norway 20-year ext a f 6s.Aug 151943
20-year external a f 4a. Aug 15 1944
Extl sinking fund 4ks._......1956

External sink fund
4a

a

4%a

♦Extl

106%
104%
102%
102%
102%

1963

f 5a

sec

Sale

104%

60

1953

Sale

55% Sale
103%
101% 105
101

1947 m

35%

40

10%
15%

s

1959 m s

Sale

d

j

a

♦78 extl Water loan...........1956 m s
♦6s extl Dollar loan...........1968 j
j
Sec s i g 7s
1940 a o

...

...

j

m

♦Warsaw (City) external 7a
assented.

12,000
Yokohama (City) extl
2,003,000

a f 4a

Sale

6%

Sale

15

9%

Sale
10%
10%
Sale

20%

-----

70

104%

6 % Sale
6% Sale

6% Sale
Sale
6% Sale
7% Sale
66%
67%

10%
9% Sale

—

a

o

f

a

106

6%
6%

10

Sale
Sale

15

7%

Sale

17

24%

18

.

12
Sale

11%

Sale

6%

Sale

7%
5%

19% Sale

30

33

31% Sale

32% Sale

Sale

30

54

35

58%

—

-

41%
41%

'27% "31%
103% 104%
57

Sale

51%

101
50
46

102
53

59% Sale
53% Sale

45

50%
56
52%

Sale

43

45

53%

43

51

55

40% Sale

mn

49%

54%

41%
37%
41%
65

80

99% 100
58% Sale

66

13%

% Sale

18

7%
6%
18%

43

Dec.
Dec.

22

22

Dec. 12
9
Dec.
Dec. 23
Dec. 13
8
Dec.

Dec.

Dec.

42
42

Dec.
Dec.

9
9
9
14

14

7

Dec.

6% Dec.
Dec.

1
2

60%

Sale

53
90
90

Sale

43%
39
43%
39%

25%
24%
30%

37
57

20

19

55

Dec.

5% Nov. 21
7% Apr.
1
Sept. 28

7
7

2

37
42

2

5

Sent. 28

July 12
Sept. 29
30% Dec. 28

Nov.

Sept.
Dec.

8% Dec. 16
7% Dec. 16
7% Dec. 22

5%
6%
6%
61%
13%

Dec.
Dec.
Dec.
Dec.
Dec.

12
14
13
16
27

21

Dec. 20

19

8

Dec. 22

68% Dec. 31
Dec.
Dec.

1

12

7% Dec. 21
6% Dec. 16

10% Dec.
7% Dec. 27
6% Dec. 13

11% Dec. 21
8% Dec. 20
7% Dec. 30

6

Dec.

16

20% Dec.

2

7

Dec.

16% Dec. 24

9
4

14
25

7

67% Jan.
82% Jan.

19
6

62

Jan

6

24

Nov. 12
Nov. 12

31

Mar

12

21
19
15

Jan.

5% Nov. 23

10% Jan.

7

13

Dec.

7

5% Dec.

12

Mar.

2

5% Mar. 31
6
Sept. 28
45
Sept. 28

10% Jan.
8
10% Jan. 11
10% Jan. 11
73% June 30

13% Dec. 27

38

Jan.

5

20% Sept. 14

Aug.30

22

Aug. 26

i

Jan.
Jan.

17

May

6% Dec. 14
5% Mar. 31

r

23

31% Dec.

14% Sept. 28
Feb.

90

56% Dec.
44
44

8

Dec. 12
5
Dec.
Dec. 28

42
41-

*

Mar.

54

Jan.

53% Jan.
53

36% Dec.
37% Dec.
38
Apr.
38
July
50% Sept.

39

Dec. 28

42% Dec.

55

18

34

Dec.
Dec. 28
Dec. 16

20% Dec.

39%
31%
57%

Dec.

30

Sept.

34

Nov.

1

Dec.

Dec.

58% Dec.

18
Nov. 17

June 16
3
104% Feb.
60
Mar. 11
23
52% Nov. 7
10 60% Mar. 10
54% Jan. 19

33

10
8

43% Oct.
43% Oct.

39% Dec.

55% Dec. 29

9
8

36% Dec. 22

40% Dec.

66

26% Sept.
26% Sept.

7
4

60% Jan.

38% Apr.
40% Apr.

36% Dec. 16
9
37% Dec.

37

4

35

36% Dec. 22

38

10

35
May 20
34% May 20

Sept.
Aug.
Sept.
Aug.

41

37

45

9

13% Jan.
13
Jan.
11% Jan.
47% Jan.

Dec.
Feb.

30
25

2

7

11

Sept.
Sept.
Sept.

26

46,% Dec. 14

52% Dec.

18

23% Sept. 13

30
31

Nov. 26

4 Nov. 25
6% Sept. 26
5% Nov. 23

20

24% Dec. 14
24% Dec. 16
Dec.
Dec.
Dec.
Dec.
Dec.

Dec. 20

1
Dec.
1
Dec. 23
30
Dec. 23
23
20
30% Dec. 14
12 102% Dec. 19

30
25%
38

31

15

23

24

19

55%

11
12

24
25
25

Dec. 28

6

25
5

Oct.
Oct.
Oct.

15
13
13

Jan.

25

3
10

12
11
14
4
6

24

94% Sept.

Dec. 30
2
Dec.

25

2

36%

41

9% Jan.

10

20

21

6% Dec. 14
5% Dec. 29

13

41
Sale

8
Feb.
~
Jan. 20

108% Jan.
Jan.
1093

101 % Sept.

58

37
41

3

67

11% Jan. 10
10% Jan.
7
98% Feb. 14

6% Nov.
5% Mar.

18

3
7% Dec.
6% Dec. 31

8

Aug. 18
Aug. 18

17

Dec.

41

Jan.

Jan.

19

9% Dec. 28
9% Dec. 28

Dec.

39% Sale

1% Apr. 26
3

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

31

1

3% Jan.
8
2% Feb. 28
3% Jan. 18

6%
10%
10%
10%
51%
51%
39%

57

28

13
13

52

Dec.

3

15
14
20

28
28
26

Feb.

Mar.
1
Mar. 24

61

3

Dec. 28
5% Dec. 13

4

4% Mar.
4

Mai*. 28

6
19% Dec.
6
19% Dec.
1
27 105
Dec.
8
3 106% Dec.
15 30% Dec. 30

3

30
30
100
99
101
51
27
51%
52
Dec.
46
8
47
50n
51
54% 52% Dec 27
42
46
43% Dec 28
41% Dec 28
43% Sale
15
42% Dec
40
51

Sale

34%
Sale

Dec.
Dec.
Dec.
Dec.
Dec.
Sept.

18

6% Mar. 29
6% Dec. 14

14

28
22

0

33

-----

27
16
15
20
19

51%

19

57%
53%

8% Dec.
8% Dec.

Dec.

Dec.
Dec.
Dec.
Dec.
Dec.

June 20

27% Aug.
6
11
Aug.
2
2% Jan. 12

Dec. 29
37
May 20 57% Jan.
1
Dec.
88
Sept. 26 104% Feb.
5
Dec.
88% Sept. 28 103% Mar.
2 103% Mar. 18 107% Aug.
Dec.
3 104
Mar. 18 107% Aug.
Dec.
5
Dec.
99% Sept. 26 107% Aug.
6
Dec.
98% Sept. 28 104% Oct,
1
Mar. 18 103% Sept.
Dec.
99% Sept. 28 104% Nov.
Dec. 20
Nov.
17% Dec. 23 22
Dec. 12
4
62% Mar.
43% Aug.
Dec. 10
9
41
57% Mar.
Aug.
Dec.
6
96% Mar. 18 103% Mar.
Dec. 28
June
4 104% Jan.
86
Dec. 28
Oct.
40
May 24 62
Mar. 31
Dec. 29
32
62% Oct.

48%
101%
101%
105%
105%
105%
103%
101%

Dec. 28
Dec. 31

Dec. 15
Dec. 19

41

7% Dec. 26
7% Dec. 22
48

28

Opt.

23

Dec. 21

1

%
%
%
%
%

1% Dec.
61% Dec.

Dec. 23

5% Dec. 27
9

Dec. 21

Dec.

24

21

a

d

1

Sale Prices
46

Mar. 31

•%
%
%
%
%

1% Dec.
1% Dec. 19

24

49%

1958 f

50

6

Dec. 29

24%

6%
7%
6% Sale

7

1

15

6%

68%

Sale

6% Sale
6% Sale

51

10% Dec. 28
% Dec. 16
% Dec. 13

26

mn

a

20% Dec. 20

1% Dec.

6% Dec. 28
6% Dec. 14
Dec. 17
Dec. 29

47%
48%
98%
98%

7

7% Sale

7

50

1958 f

YEAR 1938

iJHighest

Sale Prices
30
Sept. 20
20
Dec. 13

Mi Dec.

18% Dec.
21
18
Dec.
23
Sale 102% Dec.
106% 104% Dec.
35
28% Dec.

6%

21

52

55

9%
7%

11% Sale
47% 48%

-

55

18%
18%
21%
Sale
103%
Sale

105
28

30

10

Dec. 29

14
20
28
28
Dec. 27

30% Dec. 28

9%
9%

16% Sale

40

m n

,..1941 1

11

9

22

21
Sale

107% 112
24
36%

s

External conversion
1979 mn
65,000
3%-4%-4»ii% extlconv
1978 j d
50,000
4-4%-4%s extl read)
1978 f a
304,000
3%a External readjustment... 1984 j
j
60,000
Venetian Prov Mtg Bank 7a.....1952 a o
47,000
♦Vienna (City of) 6a.
.....1952 mn
264,000

468,000

60
Sale

6% Sale

d

...1962 m n

Taiwan Elec Pow 5ha..........1971 j

55%
50%

d

♦7s ser b sec extl
1962 mn
3,053,000
♦Silesia (Prov) extl sink fund 7a. 1958
d
402,000
4%s assented
1958
d
36,000
♦Sileaian Landowners Aaan 6a...1947 p a
57,000
1955 p a
645.000 Sydney (City) a f g 5%a

1952
345,000 Tokyo City loan of 1912 5a
External a 15ha guar...
..1961
1,783,000
254,000 ♦Uruguay (Rep) external a f 8a..l946
♦Ext a f 6s
1960
705,000
♦Bxter a f 6a
..1964
140.000
3%-4-4%% ($ bonds of 1937)
External readjustment
1979
2.459.000
3%-4-4%% ($ bonds of 1937)

100

Sale

31

10%
98%

108

'

101% 100% Dec. 19 102
Sale
98
Dec. 14 100%

40

9% Sale
9% Sale

9%
95%
20%

"

♦8s secured extl

Sale
12

10

7

1946 a o

58,000 •Saxon StateMtgelnat7a.......1945 j
♦sf a 6%a_
Dacl946j
57.000
Serbs Croats & Slovenes (Kingdom)—-

5%

11

1966 mn

1953 |

45

10

20%

40

15

% Dec.
% Dec.
% Dec.
% Dec.
% Dec.

100%
105% 104
105% 104%
104%
104" 102%
Sale
100%
104%
17%
22%
54
55%

38

59% Sale

Sale

a f 4a

98"
60
Sale

52
100

52

Sale

♦8a extl secured

49

47
45
53%
101% Sale
100% 101%
105
105% 104
105% 106% 104%
Sale
105
104%
102% Sale
102%
101
101% Sale
104
103%
"22% 18%
55% Sale
53*
51
53%
100
100%

95

7%
7%

7%

50

a

1968 j

45

8%
8%
52

50%

o

s f g...
♦7a extl loan of 1926

7
7
47

Sale

Dec. 21

1

2%

%

56%

39

...1953 f

♦6a extl

2

1

1% Sale
61% Sale

2

% Dec. 27
% Dec. 16
% Dec. 15
% Dec. 20
% Dec. 19

1%

1%
1%

Dec.

8

1..
%

Sale

.......

1,380,000

10%
---

10% Sale
10% Sale
37%
38%
47%
51%

Sale

f__..........1952 m n
♦6%a extl secured a f
1957 m n
San Paulo (State of)
♦♦8a extl loan o* 1921..........1936 j
j
173,000
♦8a external
1950 j
j
787,000

1,586,000

1%

9%
%
%
%

Sale

d

(City of) 8a.....1946 a

6%a

Rio Grande do Sul (State of)—
♦8a extl loan of 1921...

6,000 ♦Saarbruecken (City)
Sao Paulo (City of)

513,000
758,000
1,992,000

%
%

50%

aer

♦Rio de Janeiro

♦Extl

Sale
Sale
103

19

a.—....May 15 1963 m n
♦Stamped (assented).......1903 MN
a

60

101%
Sale

Municipal Bank ext s f 5a.___.1970
♦Nuremberg (City) external 4a. .1952
Oriental Development 4a

10%

Sale

i965

f extl loan.a..

Sale

s
d

1959 mn

....

New South Wales ext a

64% Sale"

♦7a Municipal loan............1967 j d
1952 a o
2,953,000 Rome (City) externa) a f 4 ha
1959 f a
1.311.000 ♦Roumania (Kingdom of) 7a
♦February 1937 coupon paid
25,000

256.000
559.000

8%

8

1

♦♦Small.

Sale Prices

16
13

24% July

1%

♦♦Treaa 4a of '13 aaaent (large) 1933

♦Sec extl

20

...

Milan City (Italy) ext loan 6%«__i952 a
Mlnas Geraes (State of, Brazil)—

Dec.
Dec.

Lowest

25

1

♦Sf gold 6a.
1952 a o
551,000
856,000 Queensland (State of) ext a f 7s.. 1941 a o
25-year extl a f 4a
Feb 15 1947 f a
492,000
80,000 ♦Rhlne-Maln-Danube deb7a aer a1950 m s

647.000
295.000

-1

Highest

Sale Prices
35

~~3%

d

d
202,000 ♦Porto Alegre (City of) 8a....... 1961
♦Extl loan 7%a
..1966
j
313.000
1952 mn
394,000 Prague (Greater City) 7%a
287,000 ♦Prussia (Free State) ext af 4 %._ 1951 m s

409,000
1,176,000

—

d

♦Aaaentlng 4a of 1904
♦Aaaentlng 4a of 1910 large
♦Assenting 4a of 1910 email

♦National loan ext a 14a
1960 j
5,211,000
♦National loan ext a f 4a......1961
3,182,000
1940
629,000 ♦Poland (Rep of) g 4s
♦Stabllis loan 7a of *27. Oct 15 1947
550,000
♦External a f 8a
1950
997,000

313,000
2,114,000

_

5

2%
2%

40
23

38

o

545.000 ♦Pernambuco (State of) 7a
784,000 ♦Peru (Rep) Sec a f g 7a.

.

104%
6
7%
3%
2%

Ask

Ask Bid

45

"22

j

External deb 5ha............. 1958 mn
883.000 Oalo (City) 4%a extl sink fund..1955 a o
313,000 ♦Panama (Rep) external 5%a
1953 j d

63,000
728,000

Bid

38

42%

a

♦Mexican Irrig Aaaentlng a f 4 %■ 1943 mn

Ask

Lowest

Dec. 31

Dec. 1

1938

♦Jugoslavia (State Mtge Bk) 7»__1957 a
♦Leipzig (City) external a f g 71.1947 f
♦Lower Auatrla (Prov) 7jia__.__.1950 j

RANGE FOR

Jan. 3

n. 7. stock exchange
foreign govt (Concluded)

455,000
116,000
6,000
815,000
161,000
53,000
458,000
207,000
61,000
6,000
579,000
424,000
566,000
50,000
57,000
2.932,000

PRICES IN DECEMBER

Price

b

BONDS

12 Months
1938

31

N. Y. STOCK EXCHANGE—BONDS

Jan., 1939]

June

5

43% Aug.

1

37% Mar.

Jan.

8

7
5
Mar,
50
2
42% Feb. 11
AVX June 14
100
Jan. 13
62
Jan.
6
35% Nov. 18
Feb
65
25

railroad and industrial

companies.

1,175,000 n«Abitlbi Pow & Paper 1st 5a...1953 i d
386,000 Adama Express coll tr g 4a......1948 m s
Collateral trust 4s of 1907
..1947 j d
248,000
4%a stamped.................1946 f a
435,000
Adriatic Elec Co external 7a.-...1952 a o
146,000
57,000 Ala Gt Sou 1st cons 5a ser a._....1943 j d
First cons 4a series b
1943 j d
654,000
80,000 Albany Perfrated Wrap Paper 6a. 1948 a o
6s with warrants assented....1948
41,000
139,000
2,076.000
1,620,000
344,000
6,787,000
■3,000
785.000
263,000
552,000

Albany ftSusq 1st guar 3 Hfa.

98% i03%
82

112j
103

65
66% 61% Dec. 28 66%
66% Sale
7 103
101% Dec.
101% 101% 103% 104
1 103
101% Dec.
103%
101% Sale
Dec. 27 106
103
105"" 105
105%
66
103

77

Ms4-

Sale

64

'38%

50
Sale

77
Sale

Sale

o

Sale
Sale

83%
Sale

94%
84
Sale

4a......1952 m s
98

103

2030 m s

56% Sale

a f deb 5s..
.....1953 j d
American ig Chemical 5ha
..1949 mn
Amer fnternat Corp conv f h8..1949 j
j

103% Sale

American ice

77
Sale

70%

d

s

,72%

35"

o
.....1950
o
Allegh & West 1st g gu 4a
1998
Alleg Valley gen gu 4a.
.....1942 m s
Allied Stores Corp deb 4%a
1950 a o
4%s debentures...
.......1951 f a

stamped

1955 m

103
34
34

50

Sale

96
95

99

Sale

69

llV&

Sale

37"

50
Sale

45
104

Dec. 23
Dec. 24
Dec.
6

70

Dec. 20

71

Dec.

3

50
45%
104% 104% Sale

1 103% Dec. 30
Dec.
Dec. 27 35% Dec. 14

Dec. 24
Dec. 22

34

77

75% Dec.

2

Dec.

6

70

40% Dec. 22
9
33% Dec.

45

Dec. 24
Dec. 22

81% Dec. 31
Dec. 29
Dec. 30

38% Dec. 31

35%
53% Sale
102

97
93
88%
109% Sale

37%
53
102

40
Sale

103% Dec. 23 104%
97
Dec. 27
98%
91% Dec. 28 94%
2 110%
108% Dec.

34
34
70
45
44
25

June

Sept.
June
Dec.
Dec.

July
Mar.
Mar.

Mar.

16% June
Nov.

Dec.

Dec.
Dec.

May

79
96

Dec.

Mar.

Apr.
Apr.

Dec. 24
Nov. 12
Mar.
5
Feb. 28
103% Dec. 30
54
Jan.
4
57
Jan.
5
90
Jan. 18
85
Nov. 12
76% Nov. 14
50% Nov. 14

78
105

Nov. 14
Nov. 16
Jan.
7
98% Nov. 26
95
A'ig. 26

109

115

Aug.

6

102% Dec.

8

101% Dec. 27 102% Dec.
100% Dec. 16 102% Dec.

7

Dec. .21 112% Dec.
2
1 105% Dec. 31
Dec.
Dec. 12 105% Dec. 30

111% Dec. 21 113% Jan. 20
99% Apr.
2 105% Dec. 31
99% Apr.
1 105% Dec. 31

49
102

101% Sale

111% Sale 111%
105% Sale
104%
105% 105% 104%
110
109% 114
102
Sale
100%

102

Mar.

6
Dec. 23

103

Feb. 11
3 100
July 18
38% Mar. 30 63
95
Jan. 31 102% Dec.
8
7
99% Mar. 31 105% June
80
7
Apr.
1 102% Dec.

37% Dec. 19

102% Sale
102% Sale

101

103

June

45
101
79

50

98% Sale
94% Sale
110% Sale

72% Oct.

June

86
94
58
100

65

50
40

92%

o

Dec.

n

103% Sale

35

♦Collateral ac convertible 5s...1950

♦Alpine Montan Steel 7s
Amer & Foreign Power deb 5a

Sale

35%

Collateral and convertible 5a..1949

conv

105

105%

70

63

33

a

♦5s

"68"

57
67

1946
Allegheny Corp coll tr conv 6s..1944

8,453,000 Allis-Chalmera Mfg
137,000
4,630,000
196,000
3,525.000
910,000

92

Dec. 21
Dec.
3

37% Dec. 19
54

Dec. 30

1

27

June

Amer Tel & Tel—

20-year sinking fund 5 Ha
1943 mn
4.999,000
3h* debentures..............1961 a o
6,822.000
3h* debentures
........1966 j d
6,531,000
225.000 ♦Am Type Found s. f. debs 2%<-5a.l950 j j
667,000 Amer Water Wks & Elec 6s ser a.1975 mn
For footnotes, see page 30.




Sale
Sale

112% Sale
105

Sale

Sale

105

Sale

109

109

115

Sale

103% Sale

Dec. 16 112

Dec. 14 104

Dec. 16
Dec.
1

Nov. 14
97% May 11 116
Apr.
1 106% Nov. 15

84

N. Y. STOCK
Safes j
2 Moi
193S

If

BONDS

Bid
Anaconda Cop Mln • f deb4%a

..1950

A

O

104 %

Dec.

Dec. 1

1938

$

4,974,

PRICES

Price

IN DECEMBER

Jan. 3

Y. STOCK EXCHANGE

N.

EXCHANGE—BONDS

Sale

Bid

Ask

Ask Bid

105

Ask

31

105% 106

Sale

Lowest

Highest

Sale Prices

Sale Prices

104% Dec.

7 106

Dec. 22

AngloChiiean Nitrate—

2,047,
296,
23,
5,288,
2,601,

Ark &

July 1995

U

J

II*

M

b

A

J

J

A

O

197,
438,
974,
22,
24,
376,
2,171,
937,
742,
1,456,
.

672

570

let Mat 4a

g 4a

f

a

B

ser

(Del)—1955
1957

C (Del)

aer

-.1995

........

July 1 1995
July 1 1995

vojuatment g 4a

♦Stamped 4a...
Conv g 4a of 1909
Conv g 4a of 1910
Com

...

deb gold 4a

35

8,737
152

8,268
103

5,681
75

6,659
97

53,755
115

2,272
2

3,796
41

793
125
386
820

14
11

1,163
772

243"
435
327

108

3.933
8,240
.2,678
25

3,675
1,425,
970
388
194

1.977
.1,353
36,
1

766

2,005
825

1.003

1,421
317

708
24

2,586
23

273
126
42

562
312
528

739

1,297
1,006

General unified 4%a aerlea
L 8c N collat

74
886
135
45
667
52
9

839

Sale

Austin 8t NW lat g

1st mtge g

6

107

105%
102

111%
113

HI*

D

J

J

100

J

J

104% 106

M

fe

95

D

Sale
88

J

M"N
J

J

J

coll tr 5a. 1959

J

J

M

J

J

J

J

—1941

atpd....._1940

MN

M N

a*
ie*

85

26
58

It*

Sale

30

29

71

65% Dec. 17
6
31% Dec.
29% Dec. 14

33%
31%

15*

Sale

Dec.

12

Dec

70% Dec
36% Dec

Dec
31
32%
51
Dec. 21
51%
55%
53% Dec
1 104% Dec
104% 104% 102% Dec.
21
Dec. 20
25
19
Dec
24
22%
71
Dec. 14
74% 71%
75%
74% Dec
101
102
Dec
100% Dec. 21 101
2
Sale
55% Sale
48% Dec.
55% Dec
Sale
54% Sale
48% Dec. 12 54% Dec
Dec, 23
49
49%
51% Dec

"26"
92

102

Sale"

23

69%
100%
49%
49%

1995

J

D

38% Sale

19%

Sale

20

Sale

16

Dec.

8

19%

Sale

15

Dec.

28

1995

J

D

45

Sale

19%

Sale

20%
20%

Sale

17

Dec.

28

Sale

Dec.

28

2000

M

37% Sale

18%

Sale

19

Sale

17
15

20%
19%
20%
20%

Dec.

28

19

Sale

Sale

Sale

13

Sale

11%

Sale

45

Sale

Dec
Dec
Dec
Dec
Dec
Dec

16% Dec
18% Dec

12%

14%
14%
14%
9%
9%
40%

22

"18%

16%
18%
16%

43

Sale

41

Sale

Certificates of deposit
Ref & gen 6s series C

Certificates of deposit.!

Ref & gen 5s series D

S

Certificates of deposit

Ref & gen 5s series F

1996

Certificates of deposit.

M

S

F

A

38

Sale

....

Convertible 4%s
Certificates of deposit
P L E & W Va Sys ref 4s

.I960

31%

Sale'

1941

MN

67%

78

1950

J

J

59%

45%

Sale

Sale

1959

59%

Bangor 8c Aroostook &R 1st g 5a '43

112

gold 4a.. ........1951

105

Sale

1951

108

109

"93""

100

4a stamped
Battle Creek 8c Sturgla gu 3s

1989

Beech Creek Extcn lat g

1951

33*4

Bell Telephone of Pa lat 5s B

1948

First 8c ref 5a series C

103*
?t*

1943

♦Berlin City Electric deb 6 Ha...1951
♦Deb sinking fund

6%a

22%

1959
.1955

♦Debenture 6s

28

28
22
22

29

II*

Dec

Dec

11% Dec
45% Dec

29%
23%
23%

18

24

Dec

27

43

Dec

28% Dec
28% Dec

28

35

Dec

Sale

28

Sale

32

28

33
37

Dec

34% Sale

38
35%
109% Sale
103% Sale
103% 104

Dec

107% 108
Dec
99% 101
Dec
Sale
99% Dec

100
40

45

69%

117% 117%
127%

1960

Belvldere Del cons gtd g 3%a

18%

Dec

Dec

37

33% Sale

Certificates of deposit

Toledo Cinn Div ref 4s A

18%

Dec
Dec

Dec

33

Certificates of deposit
So western Div 1st mtge 5s

45

43

Dec

30 104
12
45

Dec
Dec

85

85

117% 118% 117% Dec
117% Sale
128% Dec
128% 128% 129% Sale
30

29

"26%

Dec

27 109% Dec
16 103% Dec

28

Sale

25% Sale

25%

118% Dec
129% Dec

26% Dec. 16
24% Dec. 24
25

29

Dec

13

26% Dec
26% Dec

Dec. 28

27% Dec

Dec.

Berlin Rlec Elev 8c Undgrd Rya—
♦lat

6%s

1956

Bethlehem Steel 4%a aerlea D
Cons mtge 3%s series E

3%s

s

f

.I960

J

O

J

A

O

1952
1944

A

J

D

108

S

43

Boston 8c Maine 1st 5s aer AC...1967

M

1st mortgage 5s

series 11

1955

MN

lit g 4%rseries

JJ

1961

A

O

{♦Boston& NY Air Line lat gu 4«1955

F

A

Brooklyn City RR lat 5a

J

J

1941

3%s__—1966

M N

Bklyn Manhattan Transit 4%i__1966

M N

Bklyn Oueena Co 8c Sub gtd 5s_.1941

S*
40*

MN

1st

cons mtge

5s stamped

12

1st lien 8c ref 6s

aer

A

44%

J

60

F

A

Sale

.......1956

lat lien 8c raf 5a aeries B

1957

f deb 3%«
Buffalo Gen Elec 4H« «er B

M N

4

D

M N

....1950

F

A

..1981

a

F

A

1967

J

D

1957

MN

Buffalo Niagara Elec 3%a ser C
Buff Roch 8c Pitts cons 4%s
Certificates of deposit

*{♦ Burl Ced Rap & Nor

M N

74%
107% 110
104% 108
68

75

93% Sale
105% Sale
110
110%
106%
41% Sale

1934

A

O

8%

10
9

....

{Bush Terminal Co 1st 4s

1952

A

83

1955

J

37

Sale

{Bush Term Bldgs 1st 5s gu

1960

A

53

61

Calif-Oregon Power 4s

1966

A

con gu 5s ser A.....1962
Canadian Nat gold 4%a
1957

A

Consol 5s

Canada Sou

Guaranteed gold 5s

Guar g

O
J

July 1969

J

Oct 1969

O

1970

85%

105%
113%
116%
118%

A

118

...June 15 1955

J

D

1956

F

A

116%
114%
113%
124%
86%

4%a

Guar g 4%s
..1951
Canadian Northern guar 6%s_„.1946
Canadian Pac 4% deb stock

Collateral trust gold 4%a
5s equip trust ctfs
Collateral trust g 5s

M S
J
J

J
J

1946

M S

101%

1944

J

113

...1954
Collateral trust 4%a
1960
{♦Carolina Central 1st gu g 4s__ 1949
Caro Clinch & Ohio 6s ser A
..1952

J

J

100%

J

97

J
J

107%

97% Dec.

Sale
Sale

Sale

21% Dec. 22
21% Dec. 21
20% Dec. 22
6% Dec. 19

Sale

48

108%

35*

39

Sale

Is*

MN

10H

J

"35"
10

Central Foundry 1st mtge 6s..._1941
General mtge 5~
1941
Cent Hudson G & K 1st & ref 3%s '65

6%

12%

J

7

J

M S
M S
M

S

A

55

106

Cent 111 Elec 8c Gas 1st 5s

1951

P

Central Illinois Light 3%a

1966

A

{♦Central New Eng 1st guar 4s._1961

J

Central of N J gen g 5s..
General 4s

....1987

J

if*

1987

J

25

3%s

1962

A

Cent Pac 1st ref gu g 4s

1949

FA

..1954
i960

98

69 h

14

10

14

10

.

8*
1U

Sale
Sale
14

Sale

Dec
Dec

9

109% Dec
29
28% Dec
28
1

25

Dec

7% Dec

13

7

28

72,

Dec

17

43

Dec

15

52% Dec
96

Dec

Dec

Dec

Dec.
Dec.
Dec.
Dec.

17

iltl

Dec

Dec

22 118 % Dec
Dec
15
15

115$

Dec

113

Dec. 28 114% Dec
121% Dec. 29 123% Dec
78% Dec. 21 81% Dec
Dec
98
96% Dec. 15
112
Dec. 20 112% Dec
96
Dec. 21
98% Dec
88% Dec. 28 93% Dec
45

Dec.

104

Dec.

8

Dec

10 106% Dec
93% Dec
14
48% Dec

Dec. 27

Dec.

12
Dec. 21

90

14

39

Dec.

7

39

8% Dec.

9

Dec.

10

12% Dec
6% Dec

4

Dec.

2

6

Dec

7

Dec. 28

10

Dec

7% Dec. 27
5% Dec. 13

10

Dec
Dec

4

8

70

103

Dec

117%
117%
116%
114%

100

Sale

96%
108%

1 111

Dec

Sale

107k

Dec
Dec

76% Dec

Dec. 28

74% Sale

Sale

70

Dec

Dec.

14

Dec. 12
Dec.

5

Dec

17% Dec

7SH
111

Dec

Dec
Dec

74% Dec

116% 109%
103

110% 110% 110

"5l"'

26

29

35

103% 102% Dec. 21 104% Dec
Dec
110% Dec. 19

Sale

"71"

104
Sale

Sale
23
24% Sale
19
35
22
20%
106% Sale
106%
74% Sale
72% Sale
70
60
69%
61%
Sale
55
60% Sale

116

90
123

26

Dec.

6

nzVA

Dec

53
54%
115% 115% 115

Sale

29

O

A

17% Sale
38
32%
12% Sale
6
5%
6%
5%

109%

107

"97% Sale

A O
F

103

103%

153

Guar 5s

8

14%
6%

483,

Through St L 1st gu g 4s

4%
4% Sale

O

Dec

114

88

A

1946

Dec. 27

48% Dec.

F

♦Mobile Div Is I g 5s

92

90

D

Dec

91% Dec. 21
98
114% Dec. 28 115%

55

J

O

Dec.

89

1948

D

48

5%
4%
69%

45

72

♦Cent Br Un Pac 1st g 4s

J

29

36%

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

63

56

A

A

Dec. 28

91%
17%
63
10%
5%

D

F

J

92

106%
110%
108%
22%
21%

88

80

J

A

71% Dec. 12

48%

MN

1959

83% Dec". 17 87%
106% Dec. 15 107%
104% Dec. 27 107

88

1947

5?*

35

-----

90

1981

24

Dec

28% Dec
27% Dec

106% Dec. 12 108% Dec
71
Dec. 17
Sale
77% Dec
38%
38% Dec. 15 38% Dec

89

Carthage 8t Adir 1st gu g 4s
Celotex Corp deb 4% a w w

5%a series B

Dec.

29

Dec

Sale

94

91

{♦Cent of Ga Ry 1st g 5s...Nov. 1945
♦Consol gold 5s
1945

Dec.

Sale

86
82%
Sale
106% 107
1073s Sale
104%
106
106% 103
76
Sale
74%
78%
96
Sale
94%
89%
107% 108% 106% Sale
111%
110% Sale
108% 109% 109%
28% Sale
25% Sale
23%
6% ~"8%
5% Sale
Sale
5
4%
74%
69% 74%
69%
Sale
45
38%
42% '
55
52% Sale
52%
92% Sale
95% Sale
Sale
98
95%
93%
115
115% 115% 115%
115% Sale
115% Sale
118% 119% 118% Sale
118% 119% 118% 119%
117% 117% 116% 117%
Sale
114% 115% 115
114
114% 113% 114%
122% 123% 122% Sale
80%
79%
80% Sale
98%
97%
97% Sale
112
112% 112% 112%
98% Sale
97% Sale
89%
93%
93% Sale
60
60
42%
43%
104% 105% 105% 106%

Carriers 8c Gen Corp deb 5s w w.1950

Central N Y Power

9 101% Dec
5 100% Dec

.

,

.

1st 5a

♦Certificates of deposit

4%a

33%

9 107

100

49

Sale

35%
87%

105% Dec.

Sale

28%
27%
9%

Sale
Sale

77

Sale

J

1947

Debentures gold 5a

51

26

Sale

29

Sale

107

44

1941

Brooklyn Union Gas Co let g 5x.l945

Brown Shoe

Sale

29

106%
101%
100%
106%

26% Sale
22%
24
7%
7%

Sale

1950

Brooklyn Union El 1st 5a.

26

Sale

103% Sale
50

27

29%
Sale

100% Sale
98% Sale
106%107 %

O

Big Sandy Ry lat mtge 4s

Bklyn Edison

26%
106

100% Sale
92% Sale

..1966

debs

conv

A

23

61,

Dec

68

71

76

Dec.

55
53%
102% Sale

60

J-J

2,806,

Dec

69
78

83

77%
81%

♦Middle Ga 8t Atl Div pur m 5s. 1947

1,437,
4,978,

86

62% Dec. 23

64%

O

42

284,

8

68%
77%

85

69%
80%

O

Ref & gen 5s series A

Con ref mtg>

Sale

75

Sale

A

♦Ref 8t gen 5s series C
1959
♦Chat Div pur money g 4s
1951
♦Macon 8c Nor Div 1st g 5s.....1946

1,245,

Dec

98% Dec
98% Dec

A

17

1,745

96

5
8

July 1948

668
26

125

Dec. 24

July 1948

4s

5s

♦Ref 8t gen

39

Dec. 24

96'

96% Dec.
96% Dec.

If*

67%
76%
69%
32%

Certificates of deposit.

314

137

30

Sale
Sale

6 107% Dec
104% Sale
107% Sale
104% Dec.
8
87
Dec.
92
89
90%
87%
89% Dec
Dec
90%
89%
89%
87%
87% Dec. 8 90
95
95
92% Dec. 29
91%
92% Dec
91
Dec. 15
"92" 92% 92
92%
92% Dec
91
90%
87% Dec. 28 87% Dec
87%
87%
1003^ Sale
98% Dec. 10 100% Dec
99% Sale
5
98
Dec
98%
99
99%
97% Dec.
97%
1 109
Sale
108
Dec.
108
Dec
108%
2 108% Dec
105
Dec.
108% Sale
105% 106
113
108
108% 112%
Dec
82
85% Dec. 15
85%
87
Dec
"93% 91% "93% 89% Dec. 15
86

S

1953

5a guar

Bait & Ohio 1st mtge g

103%
102% 103%

)

{♦Auburn Auto'bile conv deb 4H« '39
Baldwin Loco Wks 5a

103

106% Sale

J

Second 4s

Guar gold

1,842

109 %

Sale
97

32% Dec
36% Dec

97%
98%

Sale

100

Oct.. 1952
1948
1948

gold 4a

Atlantic 8c Danville lat g 4a

574

1,990

97%

J

A..1964

Guaranteed g 5s

861

Sale

25% Dec. 29

33

38

86%

J

M

May 1 1945

10-yr coll tr 5s

234

3,651
1,380

25% Sale

96
Sale

D

A ...1962
Atl Knox 8c No lat g 5a
1946
Atl 8c Char Air Line lat «%s A..1944
lat 30-year 5a aer B
1944
4tl Coast L lat cona 4a
July 1952

Guaranteed g 5s.

855

60

D

Cal-Arlz lat 8c ref 4%a aer

966

1,023
1,299

36%
97

D

Trane-Cont Short Line lat 4a gl958

Atl Gulf 8t W £ SS Line

6,120
5,586,

42

Sale

"88"

D

1965

Rocky Mt div lat 4a A

Atlantic Refining deb 3s__

29

Nov
MN

1955
1955
...1960
..1948

Conv g 4a of 1905

393

71

31

lopeka & Santa Fe—

Gen g 4a.

358,

386

31

93

F

Armour & Co 4a

♦

Jan

Memp Bdge k Term let fta.1964

{Aflo Arbor let

Atchlnson

8,406,
157,
3,101,
90,
535,
107,
4,750,

1967

♦Sinking fund Income deb

21% Dec. 17

24%
21%
106% Dec. 27 107%
70% Dec. 12 74%
19

Dec.

15

Dec

Dec

Dec
Dec

67

Dec. 20

68

Dec

53

Dec.

61

Dec

5

Central RR and Banking of Ga—

24,
135,
1,637,

5s extended to

May 1 1943.........

Central Stael 1st sink fund 8s...1941
Certain-teed Prod s f g 5%a A...1948

MN
MN
M

S

59% Sale

.

80

Sale

Dec. 22
55% 54
54% Dec
Dec. 21 115% Dec
115% 115
79% Sale
74% Dec. 28 81% Dec

Champion Paper 8c Fibre—

1,031,
512,

S f deb 4%a (1935 issue)
S f deb 4%s (1938 issue)

For footnotes, see page 30.




1950

M S

1950 |M S

1105%

99% 104
99% Sale

99% 104
100

Sale

99% Dec.
% Dec.

3

99% Dec.

2 100

7

Dec. 31

BONDS

!*

Jan. 3

H. 7. STOCK EXCHANGE

t-sft.

1938

Sales for

12 Months
1938

Bid

Ask

10154 102

Sale

118

Ha aer D——1996 M N
Ref & lmpt mtge 3 Ha aer E
1996 F A

Sale

96 H

Sale

Sale

96 54

Sale

105 54

Ref Ac lmpt mtge 3

May

Craig Valley lat g 5a

111",666

R 5c A Dlv lat
3d

7,000

con

con

104

104

10954
10754
2654 Sale

Warm Sprlnga Valley lat g 5a .1941
♦Chic 5t Alt RR ref g 3a

11154

mm

mm

1949

"12""
9754

Sale

Sale

103 54
97 H

1977

105

Sale

88 54

10954 Sale
9054 Sale

93 54

....1971

1934
1951

M N

15

226,000 Chic 86 Erie lat gold 5a
1983 M N
6,992,000 {♦ChlpGt Western tat 50-yr 4a—1959 M S

108

Sale

15
Sale

1654 Sale

439,000
237,000
1,542,000
48,000

♦Stpd non payt Fed Inc tax. 1987

9)4
454

Sale

Sale

MN

726,000
948,000
I,264,000

♦♦15-year

1,011,000
9,408,000

♦lat

secured 6 Ha.. -—-1936

May 3037
stamped—May 3037
5c ref 4 Hs aer C
May 3037

♦lat 5c ref g 5a...

♦lat 5c ref 4H9

1949

♦Cony 4Ha aeries A

D

2,524,000
797,000
2,538,000
1,403,000
1,104,000
25,000
1,287,000
166,000
41,000

8

D

8

...1944 A O
—1963 J J

3H« series E—
—.1963
3Hs guaranteed
—1951
Chicago 5c Western Indiana 4a..1952
1st & ref mtge 4
aer D———1962
L'hllda Co deb 5a
1943
{♦Choc Okl 5c Gulf conaol 5s
1952

J
M S
J J
J

D

C C C 5c St L gen g 4a

4,000
1,941,000
389,000

General 5a aerlea B

16,000

891,000

1,000

*9",000
24,000
51,000
20,000
2,000
110,000
1,584,000
2,075,000
1,848,000

295", 000
350,000
1,051,000

3,395,000
266,000

2,827,000
46,000
22,000

L8
L6

50
Sale
47

8)4 Sale
7

Sale

8H Sale
654 Sale
i4H Sale
94 H
—.

1993
—...1993
Ref 5t lmpt 4 Ha aerlea E
1977
Cairo Dlv lat gold 4a......—..1939
Cln W 5c M Dlv lat g 4a...
1991
St Loula Dlv 1st coll trust g 4a.1990
Spring 5c Col Dlv lat g 4a
1940
W W Val Dlv lat g 4a
1940
Cleve-Cliffs Iron 1st mtge 4Ha._1950
Cleve Elec Ilium lat M 3Ha——-.1965
Clev 5c Pitta gen gu 4H« «or B—1942
Series B gu 3Ha
1942
Series A gu 4Ha..
1942
Seriea C gu 3HS-_
—1948
Series D gu 3Ha
1950
General 4 Hs series A—
1977
Gen 5c ref. mtge 4H• aerlea B—1981
Ciev Short Line lat gu 4H*-1*61
Clev Union Term lat gu 5Ha A—1972
lat a f g 5s aerlea B guar
1973
lat a I 4Ha series C
.1977
Coal Riv Ry lat gu 4a
1945
Colo Fuel 5c Iron Co gen a f 5a—1943
♦5a Income mtge
—1970
Colorado 5c Southern 4Hs ser A. 1980
Columbia Gaa 5t Elec deb 5a
1952

J

J

54 H

52
63

Sale

105)4 107 H
10954 Sale
109
Sale
104 H 105
100
Sale

J

J

54 Sale
10254 Sale
855
86

J
A

10154 —;;
100

J
O

10454
11054 Sale
110

MN

10454
10954
10554 108

F

A

105

F

A

J
A
A

J

10654
10554
10454 106
10554 107
10154 104

AO
J

A
A
J

J

O

O
o

o
D

F

A

A

O

91

1054
9

10

80

4754

70
Sale

10954
9954 100
59

60

Dec.

Dec.

554
Sale

6954

22

6

354 Dec.
Dec.

4954

108

Sale

35

Sale

23

Dec.

Sale

2154
23)4
2354
23 54

Dec. 30

12

Sale

9

354
15)4
16 54
1654

Sale

2)4 Dec. 24

16

Sale

19

Sale

Sale
Sale

Sale

Dec.

Sale

Sale

Sale

5

17

Nov. 10

14

Dec. 31

3

60

2

Sept.

1354
14)4

Sept.
Sept.
Apr.
Apr.
Sept.
Sept.
Sept.
Sept.
Sept.
Dec.
Dec,

20
21

19)4

Dec. 31

7

354 Dec. 31

2 )4

Dec.

1554 Dec. 20

15

19

Dec. 31

15

12

Dec.

16

15)4 Dec.
8)4 Dec.
854 Dec.

Dec.

19

13

Dec, 30

31

15

T

7

Dec.

Dec.

654 Mar.
354 Mar.

43

Dec.

44

Dec. 27

15

Dec.

18

Dec.

15

1354 Dec. 21
6)4 Dec.
6
y± Dec.
554 j_»ec.
7
6 )4 Dec.
8
6)4 Dec. 20

17

Dec.

15

July 15
14)4 Mar. 29
1354 Dec. 21
5)4 Mar. 30

Sale

754

9
Sale
78
60

77

Sale
45

4

Dec.

15

3

Mar. 29

74

Dec.

30

55

Mar. 31

74

Dec. 30

2

63

Dec.

2

63

Dec.

2

86

Janl

5554 Dec. 10
5154 Dec.
5
43)4 Dec. 28

60

Dec.

30

45

July

7

63

Dec.

1

46

June

9

4954 Dec.

15

36

June

14

7854 Feb.
8.
7054 Oct. 21
5454 Jan.
3

Dec. 19 10454 Dec.
Dec. 21 10754 Dec.
Dec. 28 10554 Dec.
Dec. 21 10254 Dec.
Dec. 12
9054 Dec.
Dec. 14 89)4 Dec.
Dec. 28 7854 Dec.
1054 Dec.
Dec. 23
1 108)4 Dec.
Dec.
Dec. 13 110)4 Dec.
Dec. 20 10154 Dec.

6

7854
88
Sale

31

103
99

97 )4 June

24
1

5

27
8
2

13

71
71

Jan.

8

109)4

June

5

110

Mar.

1

Jan.

13
13

10554 Jan.
Jan.
100

Apr.
Mar.

92)4 Jan.

48)4
10)4
102 54
10654

Apr.

80

July

17

Nov.

100

Aug.

Dec.

102

5 11054 July

Apr. 20 10854 Jan.

5

7554 Dec. 29

59
75

Apr.
July

5354 Dec.
99)4 Dec.

9

60

41

June

95

July

70

55

Dec. 28

69)4

68

Dec.

70)4 Dec.

96

96

Dec. 24

7
13

96

9054 Jan.
9254 Mar.
7354 Jan.

10254

1938)
1958 J
2,000 Conn 5c Paaaum Rlvs iat g 4s..—1943 A
1951 J
27,000 Conn Ry 5t Lt lat g 4 Ha

76,000
439,000
3,023,000
3,471,000

1951 I

Stamped guar 4Ha
Conn River Power s f
Conaol Edison (N Y)

3Ha A...—1961 P
deb 3Ka—.1946 A

1948 A
1956 A
1958 J
Consol Hydro-Elec Works of Upper
♦Wuerttemberg 1st 7a
1956 J
72,000

2,211,000
3,654,000

3Hs debentures

3H® debentures...

June

57

June

7854 Feb. 18

Nov.

99

12
16

87
Sept.
10354 Mar.
107)4 Dec.
107
Sept.

10454

May
5
6
97)4 Apr.
Sept. 7
11254 May 12
107
Sept. 20

106)1

104 54 June 28 108
10454 Dec. 30 108

100

Sale

Sale

8854
7854
7354

163**

Sale

6054
4254

Sale

96

Sale

96

Sale

93 54

Sale

61

MS#
73

82

Dec. 21

85

Dec.

Sale

87

Dec. 29

90

Sale

77
71

Dec. 22

81

Dec.
Dec.

77
71

Dec. 28

74

Dec.

64

17 103

Dec.

95)4 May 24 103
65
40
May -3

Sale

103""

7,705,000 Consolidated Oil conv deb 3 Ha—1951
—1954
200,000 {♦Consolidated Ry deb 4a.
♦Debenture 4a_.
...—J5cJ 1955
187,000
♦Debenture 4s..—......-A5cO 1955
8,000
♦Debenture 4a
1956
53,000
1960
468,000 ♦Consolidation Coal a f 5a
....

J

Sale

June 20

Sept. 27

102)4 Jan,
9254 Jan.

J

18

101

Dec.

Feb.

2

43

38

Dec. 22

Dec.

30

Mar. 31

49

July

25

92)4
92)4
92 54

Sale

91

Dec. 24

96

86

9154 Dec. 29

96

99
98

Dec. 28

94

Dec.

Apr. 29
Apr. 29
Apr. 28

Jan.

94
Sale

Dec.
Dec.

14
18
15
28

88

10354 Dec.
104)4
Sale
10254 Dec. 12 103 54 Dec.
103)4 104)4 10554 Dec. 27 10654 Dec.

108

Sale

108

Sale

10754
106 54
10554

Sale
Sale
Sale

108

Sale

108

Sale

10954

Sale

Sale

109

Dec. 16 ■110

86
85

Dec. 29

1 104)4 Dec.

Sale

103

105)4 Sale 109)4 Sale
9854
98)4
10954
15954
10854 Sale" 10854
10954
108)4 Sale 109
Sale
106
10554 Sale
10654 Sale
10654 Sale

22

2754

10554 Sale
10554 106

2154

102

Sale

103 54

10

Sale

9 54

1054
954
1054
954
10)4
954
5654 Sale

J
A
J
J

10754
107)4
10554
10454

13
1
1

Dec. 21
1 109
Dec.
6
Dec.
Dec. 20 108
9 108)4 Dec. 29
Dec.
9 10954 Dec. 29
Dec.

1
104)4 June
10654 Apr. 13
105
Apr.
6
9554 Mar. 31
3
9954 Jan.
100
Apr.
1

11054

954
9)4
9)4
50

1 10854 Dec.

1

1 108)4 Dec.

1

106)4 Dec.
10554 Dec. 12 10654 Dec.

1

100

108)4 Dec.
108)4 Dec.
105

8

2

104

Dec.

12 10554 Dec. 27

104

Dec.

9 105)4 Dec. 28

2454
2254
102
Sale
16
954
9
29)4
9)4
9
20
58

Dec.

9 10954 Dec. 31

52

Dec. 30
Dec.

2254 Dec. 30

9 103)4 Dec. 30
12)4 Dec. 23

Dec. 12
Dec.

9

Dec.

8

9
Dec.
Dec. 28

12)4 Dec. 29
1054 Dec. 19
10

58

Dec. 28
Dec. 19

616,000
648,000
437,000
2,051,000
1.287,000

lat Hen Ac unlf mtge
lat lien 5c unlf mtge
1st mtge

3Hs_.
lat mtge 3H«
lat mtge 3

—

3Ha—...1965
3Ha
1965
..1967
1970
1966

For footnotes, see page




3G.

M N
M N
MN
M N
MN

Sale

101
98

Sale

100

9 10854 Dec. 21
3
12 107 54 Dec.
Dec. 30
10 108

108 54 108)4 10754 108)4 19754 Dec.
10654 107)4 106)4 Dec.
10754 Sale
107)4 Dec.
10754 Sale 10754 108
Sale
108
Sale
108
107)4 Dec. 10 10854 Dec. 16
104.
1
27 1 nn&A Don.
10554 Sale 10454 10454

Nov. 21

110
Aug. 29
104)4 Dec. 13
10354 Aug.
1
10654 Oct. 11

Mar. 31 10954 Oct.
8
10254 Apr.
4 10954 Oct. 17
103)4 Sept. 16 108)4 Dec. 29
100
Sept. 28 111)4 Oct. 19

10054
10054
107)4
10754
10454

104)4 Dec.

Jan.

9654 Jan.
11254 Jan.

105

Sept.
Jan.

11154

Oct.

19

101

Jan.

12

Feb.
May
Apr.
Apr.

10854
10854
10954
106)4

May 31

107

Oct.

10354 Sept.
9754 Apr.
99)4 Apr.

104)4
101)4
10254
10054
98)4

Nov. 15

Nov.
Nov.

7
4

31

10554 Nov. 15
105)4 Dec. 28

2054 Feb. 12
26)4
9254 Mar. 31 104
1754
954 Dec. 12
9
Dec.
9
16)4
9)4 Dec.
8 1154
9
Dec.
9
1554
58
40
Apr. 11

Consumers Power Co—

Sale

Aug. 16

6054 Dec.
43

Sale

31

4
12

5854 Dec. 28

62

Sale

9754 Sale
1554
2154

4

Sale

6054

10654

Sale

4

10654

102)4

10454 Sale

Jan.
Jan.

18 10654 Jan. 25
June 23 101)4 June 23
7
July
1 104)4 Jan.
Mar. 30 10554 Jan.
4

Apr.

85

86
Sale

10854

10554

May 20

105)4 May 18 10654 Nov. 14

10454 Dec. 30 10454 Dec. 30

Sale

103'" 10354

3

61

102

3Hs debentures

1

3

94

10954

10754
106 54 10754
10554 Sale
10354 Sale

Jan.

3

50

109

101

19
5

12

109)4 Sale
103 54 Sale

from Sept 30

9

Dec. 24

Conv debs 3Hs (Interest

II,720,000

3

5
20

8
108)4 Dec.
110)4 Nov. 15
102
Mar. 18

Apr.
Apr.

10754 Jan.

4

107,54 Jan. 28

10254 Mar.

70)4 Dec.

109

10854 10854
10554 106

18

6

Sale

M S
A O
J
J

99]

12

July 22

2

55

109

101

Jan.

Dec.

Mar. 25

554 Mar. 29
5 54 Mar. 30

109

Sale

12
12

Dec.

2

62

109

107
95]

Jan.

Dec.

31

10554

8754
79)4
71)4

1

Jan.

3

5

Dec.

7)4 Dec.

9

87
96
95)4 ~88~~
Dec
Dec. 17 106
10554 106
10554 10554 105
10854 109
107)4 109)4 10754 Dec. 29 10954 Dec
10554

85

Jan.

Feb.

65

9954 10054

96

51

8

72

8)4 Dec. 31
7)4 Dec. 31

Dec. 30
7
99)4 Dec.
55
Dec. 28

60

18

2254 July 25
1954 July 26
10)4 July 25
9
July 25
11
July 25
854 Jan.
8
554 Jan. 10

Dec. 22
7 109
10754 Dec.
10854 109
6
107 54 107)4 10754 Dec. 23 108)4 Dec.
76

2

Jan.

63

9

90
Sale

Feb.

1854
22)4
1254
1154
11)4
7 54

41

8
4

13

Jan.

22

Mar.

1054 Dec. 15
1054 Dec. 15
554 Dec. 15

47
Sale
Sale

57

Jan.

P

Mar.
Mar.

48

56 54
42 54

^

Dec.

6

Sale

4

8554 Jan.

June

Dec. 31

12

5

Jan.

May

19

27)4 Dec. 31
27)4 Dec. 31

28

10
12
7
Feb. 15
112
3554 Jan. 17
Jan. 14
30
Jan. 15
36
3554 Jan. 17
34)4 Feb 14
8
13 54 Jan.
Jan. 12
Jan. 13
18
1854 Jan. 13

754 Jan.

Mar.

19

Nov. 10

15

354 Mar.

1554
8)4
754

74

Dec. 30

June

18

4354

3

Jan.

24)4

854 June
9
May

12)4

13)4
13)4
13)4
14)4

Dec. 30

22

108

9

1654 Dec. 31
1654 Dec. 31

Sale

Dec. 28

Dec. 31

Dec.
Dec.
Dec.
Dec.

Dec.

1154 Sale
1054 Sale
1054 Sale

4454 Sale
9454 Sale
94
9654
9254 Sale
11254

M N
A O
J D
J J

2254 Dec. 31

12

13

19~"

Sale

60
75

95

Mar.
Mar.
May
Mar.

15)4 Dec. 30

Sale

15

7154

94

3

Nov.

Dec. 31

2654 Dec. 29
25)4 Dec. 30

Dec. 22
Dec.
7
Dec.
5
Dec.
5

37

"6054

109)4 Jan.

June

854
754
5654
1554

111

2654
25 54
2754
2754
2754

65

5754
9954 100

3
3

75

554 Dec. 15
554 Dec. 30
70
Dec. 13

6254 Dec. 27

..

Sale

Jan.

14

9

10454 10554 104)4
107 54 Sale
10554
10354
105)4 Sale
101
10154 Sale
Sale
89
86
90
8S54
Sale
Sale
89
88
8654
Sale
76
76)4
7854
7254
10
15
13
10)4
1154
Sale
108
108)4 10854 107)4
10954
11054 11154 11054
10054
100)4 10154 10054
108

105

16

8

4

Jan.

June

85

28

1
8254 Dec.
24)4 Dec. 30

Dec. 22
7

5

109

68

31

9554 Dec. 28

1

1854 Dec.

10454 10554
107
107)4
10554 Sale
10254 Sale

108

Sale

93

1154 Dec. 23
1054 Dec. 28

70

9054 Sale

"73

J

M N

M N
M N
Debenture 5a
—Apr 15
1952 A O
Debenture 5s
Jan 15 1961
Columbia 5c Hock Val lat ext g 4a *48 A O
Columbua 5c Toledo lat ext 4s...1955 F A

—-i965
1,487,000' Columbus Ry Pow 5c Lt 4s
1951
4,070,000 Commercial Credit deb 3H®
2M* debentures
1942
3,792,000
1951
1,287,000 Commercial Invest Tr deb 3 H*
Commonwealth Edison Co—
1st mtge g 4s series F
.1981
3,166,000
1st mtge 354» series H
1965
1,236,000
1st mtge series I
1968
2,443,000
Conv deb 3H»
1958
9,295,000

107 H 10754
108
Sale
100 H

MN
M S

72

72 H

D
J

Sale

4054
43
1554 Sale
1454
17
754
8
6 54 Sale
85s Sale
754 Sale
354 Sale

80)4
66

8

80

2254

63)4

92 H Sale
M S
56 H
58
A O
11
34 H
M N
103 H Sale
Cine Gaa 5c Elec 1st mtge 3Ha—.1966 F A
lat mtge 3 H«
1967 J D 10554 107
Cln Leb Ac N lac con gu g 4a
1942 M N 101H

Terminal—
1st mtge g 5a series C guar——1957 M N
784,000
lat mtge guar 3H8 aerlea D...-1971 M N
974,000
Clearfield 5c Mahon lat gtd g 5a.-1943 J
J

65,000
15,000
7,000
433,000

L4H

-

Cincinnati Union

Sale

Sale

MN

1st mtge

8187)00

27

9

J

2

90
Sale

15

D

♦{♦Chicago Rya 1st 5a stamped
Feb 1 1938 25% part paid
1927
131,000
1988
2,581,000 {♦Chic R I 5c Pacific gen g 4a
♦Certificates of deposit...
244,000
♦♦Refunding gold 4a
...—1934 A O
4,263,000
♦Certificates of depoalt
2,389,000
MS
♦♦Sec. gold 4 Hs aerlea A
1,761,000
1953
♦Certificates of depoalt
701,000
M N
♦Convertible gold 4 H3
——I960
2,435,000
1951 J D
68,000 Chic S L & N O gold 5a
D
Gold 3 Ha
11,000
...June 15 1951 J
D
21,000
Memphis Dlv lat 4s—
1951 J
D
Chic T H 5c S'eaat lot 5c ref 5a...I960
407,000
M 8
Income guar 5a
—Doc 1 1960
834,000
Chicago Union Station—•
Guaranteed 4s
358,000
1st mtge 4s series D
910.000

24

'1654

14

11154 Jan.

90)4 June
81)4 June

111

28 %
Sale

J

June

95

6354

Sale

J

85

2254 Dec. 31

5

Sale

8

Wl

14

Dec.

54 Dec. 28
98)4 Dec. 30

9

Sale

1354 Sale
14H Sale
1454 Sale
16
1454
15)4 Sale

♦Stpd gen 4Ha non-pay Inc tax 1987
♦Gen 5a stpd non pay Inc tax. 1987 MN
♦General 4Ha stamped.
1987 MN

98

1 103

5

1054
454

94

3 54

MN

8
12

8

8054
24)4

6

10

9

Sept.

Dec.

Sale

2154

19

Jan.

26 54 Jan.
107 54 Jan.

10

1354 Dec.
13)4 Dec.

16

24 H
24

Jan.

16 121

11

1354 Dec. 31

90

14

23 54
22

29 106

97)4 Nov. 9
31
97)4 Nov.
9
31
Feb. 18
Feb. 18 106

8

Sale

15

111

10)4 Dec.
9654 Dec.

100

13)4

60
29 H
2054
39 H
28 H Sale

24

98

_____

5

27

Dec. 24 104)4 Dec.

22 54
22

90

15)4 Sale
14 54 Sale
8254 Sale
20 54 Sale

8 54

Sept.
Apr.
Mar.
Mar.

Jan.
10154 Apr. 14 115
104
Oct. 14 10454 July

13

13 112

Dec.
10354 103
9654 Dec.
9854 Sale
Sale
93
8854 Dec.
93
Dec.
9554 Sale

89 54
Sale

12

J

Dec.

104

\

213,000 {♦Chic Indtanap 5c Loulav rf g 4al947
J
74,000
♦Refunding gold 5a aer B—.—1947
137,000
♦Refunding 4a aerlea C
1947 J J
M N
♦lat 5c general 5a aerlea A..
,489,000
1966
J
J
♦lat 5c gen 6a aerlea B
213,000
May 1966
J
59,000 Chic Indiana 5c Sou 50-yr 4a ...1956
D
Chic L S 5c Eaat lat 4 H«
1969
36,000
J
2,006,000 {♦Chic Mil 5c St P gen g 4a aer A.1989
J
♦Gen g 3H« aerlea B
443,000
May 1 1989
J
♦Gen 4H« aerlea C
May 1 1989
2,094,000
J
♦Gen g 4Ha aerlea E
974,000
May 1 1989
J
♦Gen 4H« aerlea F
May 1 1989
355,000
A
15,671,000 {♦Chic Mil St PSc Pac mtgeia aerA1975
♦Conv adj 5a
Janl 3000 A O
16,917,000
1987 MN
1,035,000 {♦Chic & No Weat gen 3H»
♦General 4a
1987 MN
1,926,000

Dec.

103

Sale

85

112

1354
9754

Sale

1949
1958

30,000 ♦{♦Chic Ac E 111 lat cona g 4a
4,146,000 {♦Chic at E 111 Ry g 5a
♦Certificates of depoalt
698,000

101)4
11054
8554
85)4

10954

Sale

Sale

Sale Prices

Sale Prices

2
7
5
1

1938

Highest

109

10954

mm

106 %
110)4
108)4

1949

2,944,000 Chic Burl 5c O 111 Dlv 3 Ha
Slllnola Dlvlalon 4a..
2,838,000
General 4a
4,584,000
lat 5t ref 4 Ha aerlea B
1,556,000
lat 5c ref 5a aerlea A
2,863,000

Sale Prices

Dec. 30 10154 Dec.
Dec.
2 11854 Dec.
Dec. 13 9654 Dec.
Dec. 13
9654 Dec.

106
105

11054 112

mm

Sale Prices

YEAR

Loioest

10954

t:::10?

mm mm

Highest

101)4 10154 10154
Sale
118
11754
96
9554
9454
95
9554 Sale

115

1989
1989

g 4a

gold 4a

Sale

10654 108
10654

1940
1946

Potta Creek Br lat 4a

Lowest

Ask

Ask Bid

Bid

Sale

M N
M

RANGE FOR

DECEMBER

Dec. 31

Dec. 1

S

...1939
1993

5a

cona g

General Hold 4H«

1,598,000
6,000

1,827*,066

PRICES IN

Price

Is

S

949,000 Chea & Ohio lat

1,563,000
2,049,000

23

EXCHANGES-BONDS

N. Y. STOCK

JAN., 1939]

109

Nov. 10
27
17
13
31
Feb.
9

July
Jan.
Jan.
Mar.

Dec. 19

May 13

Apr.
9
Apr.
4 10754 Aug. 10
Dec. 30
Apr. 16 108
Apr.
1 10854 Dec. 16
1
Apr.
5 10554 Dec.

24

N. Y. STOCK

Sales for

12

BONDS

Months

STOCK

1938

410,000
5,278,000
232,000
255,000
201,000
301,000
206,000
3,684,000
371,000
1,036,000
2,111,000
2,639,000

Dayton Pr & Lt 1st & ref 3%s

1938
Bid

J

B

J

D

J

A

J

49 %
46

D

40

D

37

A

O

107 % Sale
51% Sale

106% Sale

J
J
M N

1936

J

103
106

M N

J

Ask Bid

M

S

Sale

99%
104 M

Sale

104

Sale

Ask

YEAR

98

' 108% 108 % 109
56
Sale
62% Sale
106 M
107 %

108%
54%
106%
102%

103 %

Sale

101

Sale

107

107

106% 106% 106%
106 % 106% 106%
15% Sale
10%
14%
14%
10%
Sale
6
3%
5% Sale
3%
9MI
10%
7%

9%

3%
20 %

A

106

108

4%
40

7

Dec.

Dec. 28 100

104% Dec.
105% Dec. 24
104% 104% 104% 104 % 104% Dec.
104% Dec. 16
Dec. 19 103us2Dec.
104% 103
"33" Sale
34% Sale
30% Dec. 27 34^ Dec.
Sale
Sale
38
35% Dec. 13 39% Dec.
6
44
Sale
44
45 M
43
Dec.
44% Dec. 22
36
436% 40
30%
32% Dec. 21 36% Dec. 13

3%
8%

7

Sale Prices
15 104% Dec.
1
Dec.
1
108% Dec. 30 109
Dec. 30

103

Sale

Lowest

Sale Prices

Sale
Sale

105

Highest

103 1132 Sale

5%
5M
8%

.1978 AO
J

104 %
10-M

107 %
107 %
12 % Sale
15
12%

plan)

J

104 %

106%
106 %
106%
12 %
12M
4 %
4%
8%

A

F

Detroit Ed/son

§8*
42

J

1951

♦Ref 8c Imp mtge 5a aer B

104"

36%
38%

J

{♦Des Molnea 8c Ft D lat gu g 4a. .1935
Certificate* of deposit
307,000
6,000 {♦De* Plain** Val lat guar 4%e .1947

Bid

Lowest

Dec. 31

|

109
Sale

100
106

♦♦Consol gold 4Ma
...1936
{♦Den* 8c R Gr West gen 5a AuAl955 F
♦Assented (subject to

88 M

103 M
D

1969

Stamped as to Pa tax
{•♦Den 8c Rio Gr lat cona g 4a

86

3

1986

1st mtge gold 4^s..
Denver Gas 8c EI 1st tic ref 5a

Ask

103% 105

MN

J

1971 J

1st & ref 4%s

Dec. 1

D

F

.1943 M N

Del & Hud lat & ref 4a

Delaware Pr 8c Lt lat M 4^s

RANGE FOR

1938

Jan. 3

"5 53

I960

PRICES IN DECEMBER

Price

fcf

HO.

EXCHANGE

J
296,000 Container Corp of Am litif g 6s_1946
Deb gold 5a
.1943
764,000
1948
72,000 Continental Oil conv deb 2Ms,
Crane Co a f deb 3%*
...1951
827,000
...1950
1,049,000 Crovm Cork & Seal a f 4a
Crown Willamette Pap lat 4a—1951
436,000
1942
1,402,000 Cuba Northern Rya lat tHa
1952
1,074,000 Cuba RR lat 50-yr g 5a
7%a series A extended to.....1946
295,000
6a series B extended to.......1946
86,000

EXCHANGE—BONDS

107
Sale

Sale
Sale
Sale

Sale

4

104%

106

4%

3%
22

Dec.
Dec. 10 109
Dec.
62% Dec.
107% Dec.
Dec.
104 % Dec.
Dec.
Dec.
106% Dec.
Dec.
106% Dec.
106% Dec.
Dec.
15% Dec.
Dec.
Dec.
14% Dec.
6
Dec.
Dec.
Dec.
5% Dec.
Dec.
10% Dec.

3% Dec.

5

Highest

Sale Prices

98% Apr.
83

Sale Prices

2 105% Jan.

Mar. 29 100

27

105% Feb.

31
15

106

21

102% Dec.

28

Oct.

105

3

105% Sept.
106% Dec.

14

31

Oct.

8% Mar.

30

9

29

18*

3% Sept.
3% Sept.
5% Mar.

30
30

3% Dec. 13

33

3
42

June

Jan.
Feb

1
Dec. 30
Nov. 18

Jan.

26
Aug. 19
Feb.
9

Feb.
Feb.

8
7

Feb.

9

109% Aug. 15
62% Dec. 31
108% June 28
105
Aug. 16
108
Apr. 28
108% July 22
108% July 22

Mar.

1

13

Nov.

108% Dec. 30 109
99% Jan.
6 106
100
June 18 106%
102% Mar. 30 106%
29% Sept. 26 43
31% Mar. 31 54%
40
Oct. 26
58%
32% Dec. 21 52

Dec. 31

Feb.
Feb.

15
17

7% Feb. 25
12
Aug. 25
7
24

4% Oct.
42

7

Feb. 24

—

Gen & ret

1,043,000
112%
4H>>BrlesD
1961
Gen & ret mtge 4s series P..
1,418,000
1965 A O 109M
Gen & ref mtge 3%s series G..1966 M S 105
825,000
3
D
38
26,000 ♦Detroit Ac Mack 1st Han g 4a
1995
♦Second gold 4a
38
22,000
1995
554,000 Detroit Term Ac Tunnel 1st gu 4^ a *61
108%
1951 J D 103
473,000 Dow Chemical deb 3s

MfS

113%
Sale
105%

112% 113
112% Sale
111
Sale
110% Sale
110% 110M 111%

70

43

53

45

30

32

20

ec.

29 112% Dec.

5
111% Dec. 30
111% Dec. 21

110%
110% D

55

55

112

59

110
Sale

93 M

95%
97%
99 M 95% Dec.
106
105% 106
106% 105% Dec.

96% Dec. 15
16

Dec.

7

111% Apr.
107
Apr.
103% Apr.
32
July
20
May
88

114% Aug. 23
112% Aug. 19
111% Dec. 21
50

Nov. 18

33

Mar,
Jan.

2
12

106% Oct.

June

24

109

102% Apr.

DuluthMissabe & Iron Range
A

98,000
485,000
144,000
12,000
2,867,000
74,000
298,000

J

J

Eastern RyM No Dlv 1st g 4a
1948
Eastern Tenn Va 8c Ga 1st g 5s ..1956
Ed El 111 Bkn lat con g 4s
1939
Ed El 111 N Y let cons g 5s
1995
Electric Auto Lite conv deb 4a... 1952

A O
MN
J J
* J
™ A
1941 M N
1951 J E>

RVgln Jol Ac East 1st g 5a

HE1 Paso Nat Gas 4% s series A
El Paso At S W 1st At ref 5s

1965

5a stamped

35,000

O

J

J

Ry 3%s
517,000
1962
334,000 {•♦Dul So Shore 8c Atlantic g 5a. 1937
1,538,000 Duquesne Light 1st M 3%s
...1965

Me

10,801,000
13,754,000
359,000
270,000
■

65,£00

♦Gen

conv

102

89 %
95%
103% 106 %
131%
98 % Sale

109
103

103 %

♦♦3d mtge

1955 J
1957 J

78

95%

60%

18

J

J

105

Sale

Sale

M

5s stamped

t f

8

M

8
8

lat lien a f 4s stamped........ 1942
413,000
30-year deb 4a series B........1954
50,000
292,000 HFIat deb a f 7a
........1946
1943
12,000 {♦Fin Cent Ac Peninsular 5a
309,000 {♦Fla East Coaat 1st 4 Ms
1959
♦lat Ac ref 5a ser A
1974
5,084,000
♦Certificates of deposit
1,062,000

D

J

Jan.

23
21
28 111

4,000

Oct.

7
18

102% Dec.
Dec.

100

134%
107%
106%
105%

Dec.
Dec.
Dec.
Dec.

94% Mar. 31 109% Nov. 16
105% Dec. 21 109% Mar. 2
1 106
Oct.
8
102% Feb

105
50

Dec.

101

Sale

22

Sale

21% Sale
15%
23%
15%
23

12% Sale
12% Sale
45
49 %
45

Jan.

10

Jan. l0
Dec. 15

95%

Sale
.22

Mar. 10

75

68

98% Oct. 26 108
68% June 16 90%
Dec.
6 103%
131% Jan. 26 134%

84% Dec.

8
36% Dec.
8
17% Dec.
15% Dec. 21

43% Dec. 27

16

Dec.

21

21

Dec.

19

Dec. 27

19

Dec. 27

Dec. 30
15

10% Dec.

6

13%

Sale

11

5

43

Sale

39% Dec. 28

14% Dec. 31
14% Dec. 31
47
Dec.
8

39

43

43%

Dec. 27

Jan.

l°sHJan.

10% Sept.
Sept.

Sale

40%
85

May 10
103% Sept. 1

Mar.

21% Dec. 31

22

14

Dec.

103

Apr.
100% Apr.
33H Mar.

Dec. 30

12*

51

June

23

9% Mar.

43

Ǥ*

Nov.
J an.

42% Jan.

Mar.

105

May
33* Sept.

Jan.

3
3

3
6
1

3
3

3

85
Jan.. 6
101% Jan. 13

June

94

Jan.

36% Jan.

50
62

101% 102
95%
97

~95% "98"
99
60

94%

101
86

95%

80
Dec.
81%
77% 76% Dec. 17 80
104% 105
103% 104% 103% Dec. 29 105% Dec.
100
Dec.
Sale
1 101
100
Dec.
100%

93%
99% Sale
101% Sale

60

J
D

57%

M S

6 %
6

38

60
Sale

63

Sale

98

99

95

Dec.

5

98

1 101%
100% 101% 99% Dec.
1 102%
102
103% 101% Dec.
93
98
93
87
Dec. 23
87%
90
8 lOS1!*
105M» 105 % 10421sj105% 105^2 Dec.

38

Sale

8%
8%

Sale
9

'

9%
9%

Dec.

Dec.
Dec.

60% Dec.

22

Dec. 21

8

Sale
Sale

7% Dec. 20

63

Dec.

Mar.

85

Mar.

106

Nov. 10
Oct. 28

Apr.

101

Nov.

2

Dec.

5

75

Dec.
Dec.

June

98

9
101% Dec.
102% Dec. 27

Apr.
Apr.
Mar.

93

MN

17 Ml

*1

1

2%
1%

Dec.

11%

2%
1%

17 M

27

1

105% Nov. 21

Mar.

64% July
6
10% Nov. 12
10% Nov. 12

49

9% Dec. 31
9% Dec. 31
Dec. 27

2% June

45

3% Mar.
3% Mar.

3

Nov. 21

93% Apr.
35% June

55
65

63

59
97

89%
91%
89%
89%

♦{♦Fonda Johns At Glov ref 4M8.1952
Proof of claim filed by owner

Jan.

100

Dec.

134% 138% 134% Dec.
106% Dec.
105% 106% 105% Dec.

Sale

23

40

8

1942

Dec.

106

102% Dec.
81% Dec.

90

43

4Me.............1938

192,000 Federal Lt Ac Tr lat a f 5a...
1942
5s International series......1942
23,000

12

110% Dec. 24

12

102

It4

Sale

105% Dec. 28
16% Dec. 31

100% Sept. 14 105% Nov. 29

Dec.

109% Dec.

104% Dec.

102

1947 MN
M S

F A
ftrvesto Breda Co 1st
mtge It
1954
1,309,000 Fairbanks Morse deb 4a.........1956 J D

First lieu

50
50

Sale

42%

84%

105%

102
102

Sale

319'. 000

'322.000

Sale
107

56

...1975

a f 4a
♦N Y Ac Erie RR ext 1st 4e

107

ioly8

20 %

Sale

83%

134 %

41

43

Sale
Sale
Sale

100

51

O

105%
16%
110%

102% 105

80%

53

A

Sale

100

70% Sale

1953 A
1927 ..1967 M N

♦Genesee RIv RR 1st

Sale

96 %
98

4a Series D.._„

♦Ref A lmpt gold 5a ser
♦Ref Ac Imp 5s ser 1930
♦Erie At Jersey 1st e f 4s

15

110

103% 104

Series C 3Me
34,000
1940
1,826,000 {♦Erie RR 1st con Ac prior lien 4sl996
♦1st conaol gen ilen 4a..
5,153,000
1996
♦Conv 6 4s Ser A
1,611,000
1953
♦Series B
1,119,000
1953

81,000

107 %

,

B.1940

aer

106
16

109 %

A

1965

Erie Ac Plttab gen gu g 3

105

2,1% Sale
107% Sale

8

3

Nov.

7

Dec. 27

•♦(Amended) 1st

cona 2-4a
1982
MN
Proof of claim filed by owner..

283,000
♦Certificates of deposit
102,000
9,000 Fort St U D Co 1st g 4 Ms
1941
210,000 Francisco Sugar coll trust 6s....1956
2,000
534,000
997,000
282,000
106,000
324,000

2,531,000

♦Debenture 4M>

1948

at

102

97,000 ♦Good Hop* Steal Ac Iron

sec

564,006
1,004,000

2,818,000
1,591,000
640,000
780,000

2,088,000
7,966,000
3,720,000
1,556,000
12,000
322,000
3,000
24,000
239,000
7,000
9,000
303,000

1,760,000
461,000

R Ac I

50
.....

19 %
18

7s.1945

Gouv Ac Oawegatchte 1st 5a

82,000 Grand

ex

1st gu g

1942

4MS-...1941

48

Sale
96

6% to July 1 1934

3,267,000 Goodrich (B F) Co conv deb 6a_.!945
1st mtge 4%«
1956
2,533,000
4,480,000 HGoodyear Tire Ac Rubber lat 5a_1957
Gotham Silk Hosiery deb 5s w w.1946
275,000

42

38%

102% Sale

15-year debenture 3%s
1951
325,000 General Public Service deb 5%s_1939
2,963,000 Gen Steel Castings lat 5Ms w w.,1949
Oct. 1945
209,000 {♦Ga Ac Ala 1st con* 5s
•{♦Georgia Carolina Ac NorthernExtended

117% 118
100% Sale
97
99%
38% 43%

D
MN

General Motors Acceptance Corp—
10-year debenture 3s
1946

2,277,000

55,000

104
60

M N

1945
1940

♦S f deb g 4a

2%

1

j

J D
Gaa Ac Elec (Bergen Go) 5s
1949
Gen Amer Investors deb 5a ser A.1952 F A
J
J
General Cable 1st s f g 5Ms A
1947
J
♦General Elec

(Germany) 7a

1%

1

J

D

J

D

M N
M

J
J

Grays Point Teem lat gu g 5a ...1947
F
Gt Cons El Pow (Japan) 7a
...1944
1st Ac gen s f g 6 Ms
1950
Great Northern Ry—

J
D

53%

40%

1

Dec.

100

102

Dec.

37% Dec.

Sale

106%
106%
101%

Sale
Sale
Sale
Sale

15

Sale

37

Sale

100

99%

Sale

105% Dec. 16 106%
1 106%
106% Dec.
101
Dec. 12 101%
63
13
57% Dec.

106%
106%

Sale
Sale

101

Sale

63
15

Sale

15%
41%

21%
Sale

14

17

87%

25

85

103%

Dec.

1

16

15

Dec.

1

17

37% Dec. 15

42

99% Dec.

100% Sale
99 % Sale

1029u Sale

85%

84

86%

25

70

1st At refund 4Ms Ser A
Gen mtge 5Ms Ser B

1961

111** Sale

1952

104

Sale

99%
93%

Gen mtge 5s Ser C..
Gen 4M* Series D.......

1973

98

Sale

85

1976

88 %

Sale

80

1®
9vlH

♦Income debenture ctfa B

Feb

50
8

Greenbrier Ry lat gu g 4a
Gulf Mob Ac Nor 1st 5Ms sat B
1st mtge gold 5a aeriea C...

MN

Sale

82

Sale

Sale
101%
95% 96%
88
87%
82%
83%

95%
84%

Sale
Sale

60

72%
63

Sale

85

Sale
Sale
74
76%
54%
60
7%
8%

Dec.
Dec.
Dec.

Gulf Ac Ship Island ref 5a

Stamped

.....

1940

A

1950

O

82"

1950

60
60 %
84

Feb 1952

1961

Gul. States Utilities 4s series C..1966

10-year debenture 4Ms._...

1952
65,000 HHackenaack Water lat 4a
30,000 ♦Harpen Mining 6s_.*..........1949
J
1999
432,000 Hock Val lat con g 4M«
A
333,000 Hoe (R) Ac Go lat mtge..........1944
MN
92,000 {•♦Houaatonlc RR con g 5a.....1937

For footnotes, see page 30.




1

Oct.

82

98%
86%
74%
54%
7%

Mar.

89
Apr.
37% May
13% Sept.
13

4

Apr.

4

25

25% Jan.

36

Sale
61
46

75
93

13

42

«'

116 %I118

Nov.

4

Nov. 10
Dec.
8
Nov. 23
Nov. 14
Feb.

1

Jan.

12
Dec. 28

6 103% Dec. 15

102

99
Dec.
1
lOl'MtDec. 22 102»*t Dec.
84
Dec.
8
86% Dec. 19

103% Dec.

79%~Dec."~3

72% Dec. 30

July

18 106% Jan.

70
Sale

97%
91%
83%
83%

101%
96%
88%
83%

99%
92%
85%
81%

Dec.
Dec.
Dec.
Dec.
80% Dec.

83

93

Sale

82

Sale

71% Dec.

Aug." 10

83

Nov.

5

Aug. 10

83% Nov.

3

Dec.
Dec.
Dec.
Dec.
Dec.

80

June

64

June

68
74

June

8

Dec.

11
5
89% Jan.
103% Jan. 10
Jan. 10
95
Mar.
2
82
Jan. 25
60

June

13

June

53

7% Dec. 19

70
79%
.

37%
116%

Sale

Sale

67%

Sale

67

Sale

27

Sale

35

Sale

3
10

104

69% June
60

Oct.

10

6% Nov.
103% Aug.

Jan.

Dec.

8

73

Dec.

55

Apr.

81

Jan.

66

Dec.

21

70

Dec.

55

Mar.

82

Jan.

Dec.

29

95

Dec.
Dec.

1
2
1

Aug. 22
July 27
95% Aug. 26
108% Nov. 12
1
106% Dec.

76

Apr.
99% Apr.
100% Apr.
106
27

Dec. 31 109
Mar. 25 40

108

Apr.

52

14 119% Jan.
Mar. 30 81
July

Dec. 31

24

Dec.

Dec.

8

35

20
3

93
93

Nov.

106 * Dec. 31 1061« Dec. 28
40
»Dec. 16
40 1 Dec. 16
115% Dec. 21 116%fDec. 27
65%lDec. 17 67%jDec. 12

24

12

103% Aug. 26

73

93

3

Jan.

99% Jan.
90% Jan.

June

67

60

Sale

111% Jan.

94% Sept.

98% Dec.
86% Dec.
74% Dec.

Dec.
Dec.

Sale

100
Sale

19

60%
49

"74""

107% 107% 106% Dec. 12 108
105% Dec. 21 106% Dec.
105%
106

106%

107 %
18

6

78% Apr.
1 100% Dec. 27
84
Mar. 31 100
Nov. 30
101% Mar. 30 106 % June
6
74% Mar. 30 94% July 27

50

70

Sale

60

31 106%
31 106%
7 102%
27 71%
24 21

90% Jan.

67%

73

1063

10

Jan.

75

79%

95

Sept.

39

101

Dec. 13
Dec. 28

'Oct.

39

39

8

1

10 121

Mar. 30 105

101% Mar

Dec.
1
Dec. 15

7
6

Mar. 30 104% Oct. 31
61 % Nov. 12
Mar. 24
62
Dec. 17
Mar. 28

50

107 J

51M

85

91

Sale

118 %

100

90
Sale

100
Sale
Sale

103

1946

34

June

27 103% Jan. 17
June 22
53% Dec.
1

72

101% Sale

.........1952

Gulf States St'l lat mtge 4 Ms

2

Oct.

1

105

9%

% Apr. 29
97

85

103% 104

"79%

2% July

2 100% Dec. 27
Dec.
5
9 100

80

77%

% Dec. 28

121

6
Dec.
105
104% l06~~ 104% Dec. 19 105
2
Dec. 12 103% Dec.
103% 102% 102% 102
7
56
Dec.
1
57
59
59% Dec.
Sale
62
Dec. 17
1
57
65
Sale
56% Dec.
7
1
59% Dec.
54% Dec.
54% Sale
58% Sale

14

73

Dec. 10
Dec.
6
Dec. 14
Dec.
1

122

121%

25

104%

%
99

1%
1 %
8
1 101%
28
53%

104%
102%
56%
56%

Sale
30

100%

71%

Gen 4M« series E—..........1977 J
J
Gen mtge 4s aeries G
...1946
J
Gen mtge 4a series H......
1946
J
Gen mtge 3Ms series I
1967
Feb
♦Green Bay Ac West deb ctfa A

Sale

Sale

87

D

Sale

63

91% Sale
94 % Sale
103% Sale

8

100

% Dec, 28

8

July

25

Nov. 12

14
18

38% Feb. 17

.

^

Sales for

12

II

BONDS

Months
1938

N. 7.

STOCK EXCHANGE

&
M N

108
120

689",666
1,461.000
45,000
2.127,000
490,000
7,682,000
8,000
11,000
43,000
1,000
•

2,000
48,000

Hudson A Manhat 1st A ret 5s A.1957 F
♦

Illinois Bell Telep 3%8 >er B
Illinois Central 1st g 4s...

62 %

Sale

12hh

1951

98
93

93

1951 M

8

Collateral trust gold 4s.......1952 A O
..1955 MN

Refunding 4s

J

1952
1953 MN

Refunding 5s

1956 MN

..19M FA
ltM

Cairo Bridge gold 4s

Litchfield Dl? 1st g 3s
Louis? Dl? A Tor g 3JJi

55

35V*

"45""

Sale

65

...1951

"60"~

80

Western Lines 1st g 4s

Sale

"50""
55
75

90

5

1

86 V*

Dec.

31

1

79 V*

Dec.

1

•

'

60V* Dec. 27
62

Dec. 27

54

Dec. 27

"58""

Sale

66 V*
53 V*

Sale

47V* Dec.
47 V* Dec.
57 V* Dec.

#ale
Sale

Sale

43

Dec.

84

Dec.

20

90

Joint 1st Ac ref 5s

1,684,060
4%s series
936,600 Illinois Steel

ser

44

.......

1963

87,000]£H£eder Steel Coip 6s

63

Sale

48

,

105 V*

T 1st At ref 5s.....1966 J
♦Certificates of deposit.....

8,619,666 Jlnterboro R

J

12%

58

Sale

4,080,006

1932

O

16 V*

3,818,000

1932 MS

46 V*
49 V*

72

.1947 AO

63
11

109 V* 107 V*
Sale
63
Sale
58 V*

65 V*
65

89

37% "Mar ."30
34 V* Apr.
1
44V* July 27
31
May 27
39
Apr.
2

Corp 1st At coll ctf 5s—
Stamped extended to

1942 M N

17

Sale

67 V*
66

V*

Sale

589,000
448,000

*

1956

♦1st gold 5s series C

Sale
28
17

1956

1944
4,626,000 Internet Hydro El deb 6s
...11941
1,185,000 Int Merc Marine 1st s f 6s
1,584,000 Intern Paper con? 5s series A...1947
Refunding 6s series A
..1955
1,978,000
1972
119,000 Int Rys of Cent Amer 1st 5s B
First lien At ref 6%*
1947
237,000
6,710,000 Internet T At T deb g 4Hi
1952
Conrertlble debenture 4Vis
1939
18,933,000
Deb gold 5s
1955
8,939,000

17 V*

68 V*
42

Sale
53 V*

3 V*

F

J

J

J

J

F

A

27

Mar. 29

78

Mar. 29

84

May

July

11

23

11
1

June
Jan.

21

45

Dec. 22

45

Dec. 22

45

Dec.

22

45

Dec.

22

53

Nov.

85

55

Dec.

1

56V* Dec. 28

52

June 21

60

Dec.

9

60

50

July

6
60V*
49V* Dec.
5
46
Dec.
54V*
104V* Dec. 22 105 V*
37
Dec. 13
40V*

55 V*

2

Nov.
2'
53
56 V* Dec. 28

Dec.

9

Dec. 31
Dec. 27
2
Dec.
Dec. 30

Jan.

4

29
Mar. 31 '60% Dec.
55V* Dec.
28
Mar. 30
104V* Dec. 22 107% Feb.
27
Sept. 30 40% Dec.

31
30
24
30

28

75

63

Dec. 24

64

Dec.

63

Dec.

24

90

Feb.

21

10

69 V*
20

Dec.

15

D^c.

10

Dec.

28

18

May

9

96
93

Apr.

28

37 V*
66 V*
64 V*
89 V*

93

92 V*

Dec. 21

94

107V* Dec. 28 109V*
60
Dec. 23
68V*
58V* Dec. 28 67 V*
Dec. 21
"39 V* 37
45V*
Sale
63 V* Dec. 22
67V*
9
64 V*
63 V* Dec.
66V*
Sale
90V*
88V* Dec. 13
108 V*
Sale

102

Dec.

94

25
Dec. 15

101% Apr.

Dec.

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

110
71

Nov. 17

19 V*
19 V*

Sale

10

Mar.
Mar.

Nov. 17
45% Dec. HI
69% Nov. 18

40

Mar.

68

65

17

Sale

75V*
52 V*

Sale

56

Sale

19 102V*

Dec.

20%
4%
19V*
19V*
75V*

Dec. 31

Dec.

1

Dec.

84

Dec.

8

96 V*
85

Sale

Dec.

Dec.

99V* Dec. 29

Dec.

93

Dec.

83

16 V*

Sale

3

55

Dec.

97

Sale

Sale

86

Sale

99 V*
92 V*

80 V*

86

83

Sale

82

85

82

95

84

87

88 V*

91V*

86 V* Dec.
64
Dec.

99V* Dec.

70 V*

Sale

57 V*
89

Sale

64 V*

Sale

67

Sale

Sale

100 V*

Sale

61

Sale

68 V*

Sale

99 V*
68 V*

100 V*
Sale

67

Dec.

Apr

92% Nov. 12

8

100

Dec.

30

Dec.

14

3.1

12

Dec. 23

Nov. 17

19 102% Aug. 13
10

21

Oct.

8

Oct.

10

20

June

Oct.

6
20

Nov. 12

Aug. 24
Nov. 12
58
99% Dec. 29

48% Mar. 31
4
35 V* May
80V* Apr.

§0%

Mar.

93

Dec.

Mar.

85

Nov. 15

May
39V* Mar.
74
Apr.
42V* Mar.

94

Jan.

Dec.

1

54
77

Dec.

19

75

67 V*

Dec.

19

100 V*

Dec.

Jan.

68

11V* Sept.
2 V* Apr.
11 Vi Sept.

Dec.

Nov. 23

40

15V* Dec.
15V* Dec.
72 V* Dec.

24 V*
Sale

75 V*
52 V*

Sale

17

Sale

100% Jan.

42 V* Mar.
42 V* Mar.

52

20 V*
4

Sale

Sale

A

27

Dec.

72

86 V*
70
M N

Dec.

63

102 V*

102 V*

Sale

5%
16V*

1952
1,963,000 tHnternat Gt Nor 1st 6s A
♦Adj mtge 6s series A.July 1 1952
1,662,000
♦1st mtge gold 5s series B

100 X 100 V*

Nov. 14

54

58 V* Dec. 30
66 V* Nov. 14
53 V* Dec. 31

Int Agrl

205,000

61
62

96

70

108 V*
68 V*

Sale

A

12
1

8

99 V*

Sale
55
Sale

♦♦19-year 4% notes
♦♦19-year 7% notes.
630,006
♦Certificates of deposit..
1,508,000 Interlake Iron con? deb 4s

J7

79% Dec.

June

Sale

20

66 V*
45 V*

Jan.

93 V* Jan.

98

47

Sale

99V*

Sale

1

79V* Oct. 28
77V* Apr. 19

14

60 V*
52

91
104 V*
49

Feb.

Dec.

104 V*

Sale

Sale
106

12V*

100 V*

82

95

59

96V*
Sale

24 V* July 14
4 112 V* Dec. 27

11V* Mar. 31
106 V* Apr.

63

66V* Dec.

76~~

76
Sale

96

1940

5

5

Sale

45 V*

1948

Ind Bloomtngton A W 1st 4s

11,000 Ind 111 At la 1st gold 4s
1950
26,060 $+Indianapol & Louis? 1st gu 4sl956
Indianapolis Union Ry—
28,000
Ref Ac lmpt mtge 3% • ter B....1986 M 8
J
12,006 Industrial Rayon 4%s
...1948 J
1,518,000 Inland Steel 3%« series D
...1961 F A
329,000

Sale

al06%

..1940

52 V*

Sale

39

1963

A__

C

deben 4J(s_...

Aug.

4 103

65

63

111 Cent A Chic St L A N O—

5,343,000

99V* Jan.

39 V* Nov. 26
13
Mar.
4
5
118 V* Apr. 12 123% Dec.
61% July 26
40
Mar. 31

61

58V* Dec. 30
Dec. 31
Dec. 29

66 V*
53 V*

83 V* Dec. 20

84

70

80

53 V* Dec.
51
Dec.

54 V*

55

75

1951
1951
1951

Sale

61V*

90

80

St Lou Dl? & Term g 3s
Gold 3%«

"59""

84

67

80

1

Dec.

Dec.

82

Sale Prices

75

Sale

$ 60

Sale

.....1951

Omaha Di? 1st g 3s

49V*

Sale

V*

79V* Dec.

Sale

83

47 V*

103 %
82

1951

...1953

53

62%

"44"

V*

9

Dec.

38

14 123

Dec.
1
41V* Dec. 22 46
Dec. 15
13
1
11V* Dec.
2 112 V* Dec.. 27
V* 111V* Dec.

Sale

"54""

Sale

45

Dec.

Sale
112

"75~"

Sale

47 %

86

31V* Dec. 19
123 V*

Dec.

1 102

Dec.

101

Sale

Highest

Sale Prices

Sale Prices

83

80

99

"54""

43 V*
13
112

Sale

93

J

Purchased lines 1st 3%s
Coll tr g 4s

YEAR 1938

Lowest

Highest

Sale Prices

Sale

33

123 V*

Sale

79 V*

99

1951

40-year 4%s

82

103

.1951

1st gold 3%«
Extended 1st g
1st gold 3s sterling

Lowest

101V* 102

101V* Sale
27 V* Sale
122 V* 124
45 V* Sale
11V* Sale
111V*

Sale

31
Ask

Ask Bid

Bid

Ask

18** Sale
107% 108 V*

1970

Sprlngf Dl? 1st g 3%i

28.666

A

Feb 1957

Adjust Income 5s

30%

Dec.

Dec. 1

1938

Hudson Coal 1st s f 5s series A..19(2 J D
Hudson County Gas 1st 5s......1949 MN

747,000 Houston Oil sink fund 5Hi A...1940

RANGE FOR

IN DECEMBER

PRICES

Price
Jan. 3

Bid

4,264,000
123,000
3,157,000
5,409,000
1,084,000
33,000
8,000
9,000

Z5

SfcOCK EXCHANGE—BONDS

N. Y.

JAN., 1939]

Dec.

1

23

7

6
74% Oct.
100% Aug. 1
Oct.

7-8

Dec.

15

1
5

40

Dec.

7

88

July

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

12

78

June

31

20% June
16% Apr.

40% Nov. 12

June

July 25
July 19
4
108% Jan.
106% Feb. 28

tlowa Central Ry—

567,000

1951 M

♦1st At ref 4s

S

£
79

167,000 James Franklin Ar Clearf 1st 4s..I*>69
1.653,000 Jones Ac Laugblin St'l 1st M 4%s_1961

J

M

8

97

16,000 Kanawha Ac Mich tst gu g 4sCl__. 1990
1936
1,321,000 t**K C Ft S Ac M ref g 4s
♦Ctfs of dep (Bankers Trust)
594,000
1950
1,446.000 Kan City South 1st g 3s

A

O

91

A

O

27

A

O

Ref Ac Imp 5s
AprU1950
1960
2,932,000 Kan City Term 1st 4s
937,000 Kansas Gas Ac El ist mtge 4HS..1980
1943
52,000 ♦Karstadt (R) Inc 1st Mtge 6s

J

J

J

J

J

D

2,106,000

D

25

M N

♦Ctfs w w stpd (par $645)
1943
134,000
♦Ctfs w w stpd (par $925)
1943 MN
36,000
♦With warrants (par $92.r)..__1943
5,000
231,000 Keith Corp (B F) 1st ser g 6s....1946
41,000 Kentucky Central 1st gu 4s.....1987
Kentucky Ac Ind Term 1st 4Vi«--1961

_2",666

Stamped..

Purchase money 6s

1st At

197,000
25,000

♦5s

Uniform

58

51V*

96

95 V*

77 V*
33

80-

78

30

68

71

V*

107
105 V*
35

Sale

"25 ~

Sale

93 V*
102

Dec. 23

95

Dec.

14

96

79

78

Dec.

12

30V* Dec.

9

Sale

Sale

68 V*

Sale

35 J*

17

75

104V*

1954

1947 F

A

98

101

10

78V*
35V*
35V*
71V*
68V*
108V*
105V*
37

30

29
3
30
1

Dec.

15

21% Dec.

2

27

8

"

104

92 V*

Dec.

92

Dec.

104

95

105 V*

Dec.

Dec.

94V* Dec.
105

Dec.

6

29

92 V*
82

82

1% Sept. 14

60

44%
103%
103%
35%
14%

June 16

90

60

92

50

163

165

Feb. 24

90

Nov. 14

?SH

May

Feb.

16

Dec.

41

Jan.

2
21% Dec.
27% Nov. 17
27% Aug. 11

Oct.

Jan.

80

Apr.

Nov. 14

95

108% Jan.

99% June
Aug. 13
Mar. 21

72
95

3

Aug. 13
Mar. 21

92

165

5% Nov.
78% Jan. 1
98% Jan. 12

36

Mar.

19

72
95

90

50

14

Mar.

27

27

25
95

156

83 V*
108

Dec.

7
68V* Dec.
8
64 V* Dec.
3
106 V* Dec.
7
104V* Dec.
35 V* Dec. 31
20V* Dec.

37

50

i5iv*

29

23

23

37

25

"85V*

50

3V* Dec. 12

108J* Sale
104 V* 105
35 V* Sale

Sale

17

Sale
Sale

4V* Dec.
55V* Dec.

70 V*

33

70 V*
63

Sale

35 V*
34 V*

Sale

80

1954

3 Vis collateral trust notes

4

95

26

27

82 V*
108 V*

Sale

55 V*

98

.1949

ref 6 Vi*

tKreuger Ac Toll class

931,000
735,000
1,735,000
546,000

23

107 V*

28,000 Kinney (G R) 5 Vis extended to--1941
1951 MN
2,111,000 Koppers Co 4s series A
J
1,043,000 Kresge Foundation coll trust 48.1945 J

710,000

70

105V* 105V*
47 V*
37
14V*
16%

1961
1997

299,000 Kings Co Elerated 1st g 4s
149,000 Kings Co Lighting 1st ref 5s
123,000

Sale

1961

1

4% 8 unguaranteed
Kings County Elec Lt Ac Pow—
37,000

34

62
58 V*
108 V* 108 V*

1961

Plain

1,000

69 V*

Sale

4

84

97 V*
104
96

101V*

85 V*
98 V*

105 V* 102
98 V*
96
Sale
100 J*

100V* 101
98 V*
99
85V*
86V*

103 V*
100

28 V*
88

77 V*

Sale

80 V*

48

Sale

45

Sale

43 V*

104

100 V*

102 V*
100 V*

Dec.

150

98 V*
104

84

Dec.

Dec.

71
88

Dec.

165

Dec.

105

Dec.

19 102

Dec.

103V* Dec.
98

Dec.

102% Dec. 28 104% Dec.
9 100% Dec.
100
Dec.

103
100 V*

Dec.

6

Jan.

6

100%
106%
99%
103%
104%
100%

Sept.
95
Apr.
95
Aug.
96% Sept,
95% Apr.

98 V*
Sale

6

Dec.

84

Jan.

98V*

165

Apr.

82V* Dec.
98

160

80 V*

98""

85V* Apr.

Nov.
Oct.

2

18

May

6

Dec.

8

Nov. 16

A

ctfs of deposit._.1959

28

Laclede Cas Lt ref ext 5s.

1939

85

Coll Ac ref 5 Vis series C
Col Ac ref g 5 Vis ser D

1953

57

Sale

57 V*

Sale
53V*
62

1960
.1942

49V*

Collateral trust 6s series B....1942

49 V*

Coll tr 6s series A

14

V*
48 V*

15

13 V*

14V*

13% Dec. 24

80

69% Dec.
42% Dec.

12

40%

Dec.

12

V*

Sale
46

10

8
14% Dec.
80% Dec. 30
1
49% Dec.
1
48% Dec.

40% Dec. 12

11% Sept. 27
69% Dec. 10
42% Dec. 12

31% Jan.
90% Jan.
61% Jan.
60
Jan.

25
12
13

12

43

46 V*

42.V*

45

38

Dec.

10

49

Dec.

16

38

Dec.

10

46

40

46

42

Dec.

7

45

Dec.

16

42

Dec.

7

53% Jan.
49% July

17

43

60

Dec.

31

31

90% Jan.

61

4
13

19

Lake Erie Ac Western RR—
58 1937 extended at 3% to
17,000
2d gold 5s—
15,000
1,027,000 Lake Shore Ac Mich Sou g 3Vis
-

75

60

Sale

60

58

88

62

88

61

Dec. 29

87 V*

90

86

86

Dec.

29 V*
55

Sale

25

Dec. 28

70V*

30 V*
73

65

80

49

59 V*
54

94

95

84 V*

86 V*

91

..1947

95 V*

1941
1997 J

D

102

95

99 V*
Sale

50

Dec. 31
15

60

Dec.

Dec.

29

55

88% Dec.

2

78

Oct. 25
95% Jan.
Jan.
June 22 102

29V*

Dec.

1

24% Mar*.

58

Dec.

7

48

Apr.

54

Dec.

3

48

Mar.

71

85% Doc.
34% Dec.

3

78% Aug.

95

3

Lautaro Nitrate Co Ltd—

2,415,000

^

464,000
274,000
131,000
46,000
214,000
86,000
150,000
145,000
123,000
208,000
332,000
29,000
7,010,000
564,000
2,645,000

29 V*

♦1st mtge income reg—Dec 31 9175

Lehigh Coal Ac Na? 4 Via ser A...1954
Cons sink fund 4V4a ser C
Lehigh/& New Eng RR 4s A

A

O

Lehigh Valley Coal 5s

1945 M S
.....1944 F A

1st A refunding 5s

Lehigh ANY 1st gu g is

62V*
Sale

39V*

1954

66 V*
31

1st A refunding 5s

1964

31

Sale

88%
33 %
27 V*

First A ref sinking fund 5s

1974

22

35

27 V*

Leh Vail Harbor Term 1st 5s

1954 F

62

Sale

Leh V (N Y) 1st gu g 4 Via

1940 J

40

78 V*

Sec 6% notes extend to 1943

4Vis assented
Leh Va! (Pa) gen con g 4a
4s assented...
Gen

cons

4 Via

4%s assented..
437,000
Gen con sol 5s
1,512,000
5s assented
;
213,000
85,000 Leh Vail Ter Ry 1st gu g 5s
58 assented
2,000
126,000 Lex A East 1st gu 5a

538,000 Liggett Ac Myers Tobacco 7s
640,000

1954
1965

5s

52 V*

1940
2003 M N

29 V*

Sale

21V*
20 V*

31V*

Sale"

21

38V*

Sale'

2003 M N

2003 M

2003

N

N

2003 M N
A

O

1941 A

O

1941

..1944 A O
...1951

F

A

...1952
293,000 Lombard EleC 7s series A
.1950
27,000 ♦Long Dock Co 3 Vis ext to
...1949 M
63,000 Long Island unified 4s
Guar ref gold 4a
..1949
741,000
4s stamped
1949
317',000
1944
452,000 LorUlard (P) Co deb 7«
5s
1951
253,000
2,062,000 Louisiana A Ark 1st 5s series A—1969
For footnotes, see page 30.

...

84V*

124""

130 V* 132
124
Sale
104 V*
107 V*

106

Sale

99""

101

83 V*

85 V*

64

June

Dec,

2

66

Jan.

Dec.

14

45

Dec.

5

18%

Dec.

28

25

25%

Dec.

16

76

Dec.

9

May 10

40% Dec. 13
45 V* Dec, 28

5
Dec.
6
Dec.
2
Dec.
Dec. 27
5
Dec.

85

44

27V*
27%
78V*
43%
52%

26% Mar.
18% Apr.
19% May
72
July

45

Sale

30
34

June

62

Jan.

Apr.

57% Nov. 25

48

Dec.

30

45

Dec.

34

48 V*
46 V*

58

102
56 V*

102 V*
60

45

Sale

18

Dec.

23

Dec.

22

Dec.

21

19

Dec. 23

19 V*

20

18% Dec. 23

23 V*
20

Sale

66

Sale

50

17 V*

18 V*

55 V*

Sale

V*

20 V*
19 V*

19

17

24 V*
27

22 V*
66

19

Dec. 21

19

Dec.

55%

Dec. 22

75

21

--

21% Dec.
21% Dec.

1

Dec.

14

22

21%
24%
23%
55%

1
9

Dec.
7
Dec.
2
Dec.
'Dec. 22

114

129%
127%
108%

3 129% Dec. 22
Sale
128% Dec.
9 127% Dec. 30
128% 125 V* Dec.
108
Dec. 23 109% Dec. 12
Sale

112

Dec.

It*
13

15%

Mar.
Oct.

Mar.
Oct.

16% Sept.
16% Sept.

9 112

Dec.

9

45

June

70

-4.

111%

Sale

95

54

Sale

51% Dec.
61% Dec.

75

86

82

Sale

80

87

82 V*
82 V*

Sale

81V*

64
91%
83 V*

81

90

86 V*

90

127

129

127 V*

128

122

121V*

122 V*

Sale

81V*

Sale

Dec.

98%

60

120

72

27

93

Jan.

12

39% Jan.

10

40

11

Jan.

'48

3

Dec.

July

32

30

25

25

Nov. 10

33 %

July

40

Jan.

25
25% Nov. 12

27

.

12

Nov. 12

69% Nov. 22
Nov. 22

Nov.

70

1053* June

118

Jan.

4

128

131

Jan.

5

Sept. 21

7 127% Dec. 30
Mar. 31 112% Aug. 10

121% Apr.
99

110%

96^

84

13

5

37"

108 V*

12

42% July 26
2
99% Aug.

30

56 V*

Sale

Oct. 18

Oct. 19
Jan.

74 V*

"26"

79 V*

129 V*
126

28

Dec.

'47 V*

110% 114

Dec.

82% Dec. 28
Dec.

19 V*

Sale

51% Dec. 29
48

90 V*
40

22

Sale

.

Oct. 25

32

27 V*

23 V*
23

58

Sale

30

75

117V*

55 V*
54

84 V*

37

22 V*
23

O

1965 A

Sale

92

20

M N

2003 M

53 %

82 V*
33 V*

93

J

1947 J D
946,000 Liquid Carbonic 4s con? debs
Little Miami gen 4a series A ....1962 M N
1946 F A
3,320",000 Loew's Inc a f deb 3 Vis




45

25 V*
54

60%

80

Dec.

80

Dec.

80

Dec.

127% 128% 127% Dec.
123
124
121% Dec.
82

Sale

77

Dec.

102%
57%
61%
82%
82%
83

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

128

Dec.

122%

Dec.

82

Dec.

94% Mar.

102% Nov. 26
63% Jan. 18

50

Sept.

55.

July

90

Jan.

80

Oct.

87

Mar. 10

73

Sept.

73% June
Apr.
115% Apr.

126

60

June

4

88% Jan. 12
2
88% Mar.
1
129% Mar.
125
July 28
8
85% Oct.

26

N. T. STOCK EXCHANGE-BONDS

Sales for

BONDS

12 Months

1938

N.

STOC

Y.

Price
Jan. 3
1938

«•»»

EXCHANGE

Stt-

$

Bid

963,000 Louisville Gas 8c Elec 3H(
199,000 Lou & Jeff Bridge gu g 4s,..

Ask

1966 M S 1103
1945 M S 106

Sale

109 %

PRICES IN DECEMBER
Dec. 1

Bid

Dec.

31

Ask Bid

Ask

107 X Sale
108
104 X 105 X 105

RANGE FOR

Lowest

Highest

Sale Prices

108% 107% Dec.
105%

Sale Prices
9 108
Dec. 23

609,000

1,351,000
571,000

1,092,000

1948 J
..2003 A

105

....2003 A
.......2003 A

93
87

Unified gold 4s
1st Ac ref 5s series B

...

1st 8c ref 4%a aeries G
1st 8c ref 4s ser D

A

1st & ref

3%s series E
....2003
68,000
Paducah Ac Mem Dlv 4a....
1946 F
45,000
St Louie Dlv 2d gold 3s.......1980 M S
28,000
Mob Ac Montg 1st g 414s
1945 M S
142,000
J
8outh Ry Joint Monon 4s
..1952 J
229,000
Atl Knox At Gin dlv g 4s
1955 M N
*
34,000 ♦Low«r Austrian Hydro-Elec 6 %3 1944 F A

465,000 McCrory Stores Corp s f deb 5s..1951
2,357,000 McKesson Ac Robblns deb 5^8
1950
207,000 Maine Central RR 4s series A....1945
340,000
Gen mtge 4 %a aeries A
1960
149,000 Manati Sugar 4s s f
Feb 1 1957
5,113,000 {♦Manhattan Ry (N Y) con g 4s__1990
1,094,000
♦Certificates of deposit.
122,000
♦2d 4s
2013
19,000 Manila El Ry Ac Lt 1st 5s
1953

Sale

100%

Sale"
90

%

77%

Sale
84 %

M

N

J

D

89

J

D

55

57

MN
A

O

"23% "25"

J

D

22% Sale
12%

M

"81 ""

102%
6

1%

♦4s (Sept 1914 coupon on)
1977 M S
♦Mlag Mill Mach 1st s f g 7s_
1956 J D
Michigan Central-Detroit At Bay
46,000
J
City Air Line 4s
1940 J

313,000
45,000

MN

1949 M

series 5s A

1,960,000 {♦♦M St P Ac S S M 4s stpd guar.. 1938
394,000 ♦♦1st cons 5s
1938
1,208,000 ♦♦1st cons 5s gtd as to lnt
1938
283,000
♦1st Ac ref 6s series A
1946
322,000
♦15-year g 5 Ms
1949
476,000
♦1st ref 5Ms series B
___1978
491,000 {♦Missouri-Illinois RR 5s ser A...1959
1,158,000 Mo Kan Ac Tex 1st g 4s
199Q

8

109% 110
99% 104
8

15%

Sale

60
40 %
40 %

75

38%

83

15%

Sale

30%
13%

52
33
Sale

%

Sale

6%
12 %
3

«

V*

Sale
7

5% Sale

8
J

Dec.

13

2 103% Dec.
Dec.
1
Dec. 28 71% Dec. 15
Dec.
1
Dec. 23 45
Dec. 28
35% Dec.
1
Dec. 10 35% Dec.
1
Dec. 28 33% Dec.
1

Dec.

81

Dec.

12

Dec.

3

12

13

Dec.

80
50

Dec. 31
Dec. 20

Sale

7

13% Dec. 14

361,000
3,436,000

Prior lien 5s series A

5

90

Dec.

91

Dec. 20

91

Dec. 20

7
70% Dec.
11% Dec. 28

74

Dec.

5

15% Dec.

1

38% Dec.

38% Dec.

6

27

30% Dec.

2

15

8

Dec.

1

% Dec. 14

24

5

40-year 4s series B

40

15%
26%

43%
54%
16%
73

3% Sale

VA

9%
3%

2

2

3

..

8

3

7% Sale
5% Sale
7%
8
3%
4%
1%
1%

8

Sale

5%
6%
8% Sale
3%
4%
2% Sale
75
67%

80

6
Dec. 28

12% Dec.
26

6

Dec. 28

6%
2%
2%
6%
5%
6%

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

16% Dec. 30

125,000

4,460,000
2,583,000
67,000
5,496,000
410,000

♦

♦Certificates of deposit..
ref g 5s ser G_..
♦Certificates of deposit

1st &

♦Convertible gold 5Ms
♦1st ref gold 5s series H
♦Certificates of deposit..
•1st & ref 5s

ser

1978

MN

I

1980 A

Mar.

8%

1%
1%
5%
5%
6%

June
June
Sept.
Dec.

3% Aug. 25

Dec.

15

Dec.

9
28

14

Dec. 22
2
Dec.
Dec. 19

8%
3%
2%
67%
52%

Dec. 31

1%
65%
44%
45%

Dec. 20

50

3

9

Dec.

12

13

Sale
J

F

A

M

S

M S

Dec.

13

Dec. 31
Dec.

13

Dec.

28

Dec.

9

32

28% Dec.
9
13% Dec. 21

125",066

21%

Sale
16 %
17
78

20%
4

21

20

21%
20%

Sale

60

65 X
22 X
97 X

♦4Ms Jan 1914 coupon on. ..1957 J
♦4Ms July 1914 coupon on ..1957 J
♦4Ms July 1914 coupon off ..1957 J

71X

24
100 X
99% Sale
105
"Sale

Sale

71%
80
52% Sale
50%. Sale
44% Sale

48% Sale
103% Sale
105%
114%
114%
99%

104
106

...

in

J*

327",660

O

♦4s April 1914 coupon off

2.314,000

Ac rets No 4 on..1926 J
♦4s April 1914 coupon on
...1951 A

O

warr

♦Assent warr 8c rets No 4
Nat Steel 1st coll mtge 8 f 4s

{♦Naugatuck RR 1st

39",660

1951 A

Newark

g

1965

j~D
M N

...

%

'...)

■••

107
--

.

..

2%
.....

2X
Sale
80

V

%
%

1%

1%
%
Sale

121%

65
Sale

D

117

J

20

52

22

J

25%

33

22

30.

.v v

*r

*"

'

>

•

•>*>

>

"

-

v

,

a

j-

-

■

,:r..

1/

25% Feb. 26
23

23

Feb. 26

Feb.

26

25% Feb. 26
23

Feb. 26

65

Nov.

5

28 % July

29
32% Nov. 12
37

73

Mar.

99

Oct. 28

101

Feb.

23

75

July

25

72% Apr. 22

72% Apr.
Oct.

69

May 27

74

Mar. 24

11*

48% Dec.
1
1 105% Dec. 29

Jan.

101

1 105
1
1

% Dec.
6
% Dec. 20

June

62

Jan.

3
19

55% Jan. 15
105% Dec. 31

Sept.
May

116

95

Dec.

Dec.

1

50

June

Dec.

6

18

Oct.

18

100

8

Oct.

24

Mar. 31

Dec.

2

Dec.
Dec.

100

9

% Dec.

1

% Dec.

9

Nov.

3

% Oct.

10

% Dec. 20
2% Feb. 23
% Dec.
9

Dec.

2

Dec. 20
Dec.
9

% Dec. 22
% Dec.
9

1% Dec. 15

Dec.

71

100% Sept. 15 105

20

% Dec.
8
% Dec. 20

1

39
Aug.
3
15 101% Dec. 27
4 104% Oct. 17
Aug.
4
Mar. 30 107

96% Feb.
92% Apr.

2% Feb. 28*
% Dec. 20
2% Feb. 23
2% Feb. 28

1% Mar. 26

%
%
108%

1945 J

.

41

104% Dec.

%

.Sale

1948 J

119%

84
96

Apr.
Apr.
Sept.

34% June
34% June

% Dec. 22
9
% Dec.

I

10
26

Mar.

70

%

Feb.

108% Dec. 15
100% Dec. 30

Mar.

85

47

37

A
2%
IX
IX
■15*

5s guarl945 J

cons

For footnotes, see page

<

1951

4s._._._Il954

Conaol Gas 5s

185,000 {♦New England RR
♦Cons guar 4s
235,000




on.

J

99

2

69% Dec. 15
29% Dec. 28

%
%

J

23

19
5

3

Dec.

101% Dec. 27 101% Dec. 27
Sale
103% Dec. 12 104% Dec.
1
Dec. 21 106% Dec.
106% 104
2

104% 105

Feb. 26
Jan.

26

112

35

1

Mar. 25

55% Dec.

Dec.

73

23
8

Oct.

9

55

98

70%

25

67% July
98% June 30 107% Jan.

Dec. 22
Dec. 24

Dec. 29

30%
101%

25

25% Feb. 26

48% Dec. 22

Dec. 22

95

Sale

%
%
%
%

8

46

103% Dec.

35% Sale
101%
104% Sale
106% 107
104% Sale

J

♦4s April 1914 coupon on
..1977 AO
♦4s April 1914 coupon off
1977 A O
♦Assent warr Ac rets No 5 on.1977
Nat RR of Mex prior lien
♦♦Assent

12

50

95%

J

Ac rets No 4 on. 1957

17

27% Dec. 12
31% Dec. 12
48% Dec. 22

66 *

80

70

Dec.

28
15
27

102

57

J

Sept.
July
Sept.
June

29

53
Dec.
Dec. 31 103% Dec.

23
25

6% Jan. 11
25% Feb. 26

14%
15%
14%
14%

Sale

102

4

July
42% July
45% July
24
July

Mar. 30

3

Sale

29% Dec.
1
34% Dec. 14

Jan.

25% Feb. 25

13% June
9
8% Mar. 25

2

2
3

27

Sept. 26
Sept. 27
14% Sept. 26
15
May
2

53

58

A

D

Mar. 31

4

Dec.

Sale
108% 108% 107% Dec.
1 108% Dec. 15
99% 100% Sale
6 100% Dec. 30
99% Dec.
Sale
96% Sale
9
98
Dec.
2
95% Dec.
98%
96%
99
96% Dec. 23
97% Dec.
7
75
71% • 74%
74% Dec. 30 74% Dec. 30
79
71%
79

u4%

1

24

97%
97%

iwx

Mar. 31

Dec. 27

99%

Sale

Apr.

10

19

107%

49 X

Mar. 29

25

22

Sale

55

28

60

Sale

54%

18

Dec. 28

Dec. 24

"90"

Sale

9

5% Jan.
70% July

61

104

60

16

6% Mar.

1

1

103

71X

4

Feb.

14% Feb.

3

Dec.

Sale

82%
75 %
Sale

Oct. 20
Feb.

June

9%

19%
28%
33%

22% Sale
29% Sale
34% Sale
52%
55

79

it*

60

107

100
100%
—77^8

Dec.

62% .65

4%s—

504,000
6,000

.

92

National Dairy Prod deb
3Ms w w '51 M N
2,085,000 Nat Distillers Products deb 4%a_1945 M N
260,000 Nat Gypsum 4%s s f debs
1950 M N
National Rys of Mexico—

10,000

Sale

Sale

102%

M N

7,749,000

warr

17%
12%
12 %

M S

151,000 Nashville Chat Ac St L 1st 4s A..1978 F
656,000 Nassau Elec guar gold 4s stpd...1951 J
18,000 National Acme 4 Ms extended
1946 J

♦Assent

88

3

16%
5%

16

4

Dec.

17% Sale
16% Sale
17% Sale
16%
3% Sale
17% Sale
16%
17% Sale
16%

Dec.

1

28

.....

Sale

"2 Il|

........

3,458,000 Montana Power 1st Ac ref 3Ms
1966
319,000 Mont Tram 1st Ac ref 5s series A..1941
General 8c refunding 5s A
25,000
1955
Gen 8c ref 5s series B
1,000
1955
Gen 8c ret s f 4Ms ser C
11,000
1955
Gen 8c ref s f 5s ser D
5,000
1955
985,000 Morris 8c Essex 1st gu 3Ms
2000
Constr M 5s ser A
540,000
1955 MN
Constr M 4M* ser B
943,000
1955 MN
Mountain States T Ac T 3Ms
950,000
1968 J D
124,000 Mutual Fuel Gas 1st gu 5s
1947 MN
7,000 Mutual Untbn Tel 5s
1941 M N

4,000

Sale

Sale

A

Monongahela West Penn Pub Servlst mtge 4 Ms
1,529,000
1969
68 debentures
695,000
..1965

376",660

5%

1981 MN

♦Certificates of deposit

26,000 ♦♦Mo Pac 3d 7s ext at 4%..July 1938
{Mobile Ac Ohio RR,—
662,000
♦Montgomery Dlv 1st g 5s
3947
6,303,000
♦Refunding 8c Improv't 4%aL-1977
♦♦Sec 5% notes
3,789,000
...1938
53,000 Mohawk Ar Mai 1st gu g 4s
1991
307,000 Monongahela Ry 1st M 4s ser A..I960

4,000

It*

>.1949 MO

Sale

32

7

14

Sale

7%
20*

23

Dec.

Sale

1977 M N

4

Feb.

8

30%
16%

1975 MS

Jan.

2% Dec. 27

31

♦General 4s

May

12% Dec.

60
20

3% Dec.

Sale

♦1st 8c ref 5s series F

Mar. 15

52

Dec.

27

9

21%
20%
6%
21%
20%

77

27

22

Dec.

20%

Mar.

31% Sept.

28

31

17% Sale

11% Dec.

Mar.

26

36% Sale

Sale
Sale

Jan.

16

Sale
34
34

8

18

^

19%

Dec.

36%
31%
30%
15

♦Certificates of deposit

13
4
7

89

June

14% Sept. 28
14% Sept. 23

Sale

Sale

♦1st A refund 5s series A

60

32

{♦Missouri Pacific RR Co—

1,610,000
150,000
7,314,000
8,673,000
518,000
2,602,000

10

Jan.

16% Dec.
* 21% Dec. 31
18% Dec. 22
!
20% Dec. 13
Sale
4% Dec.
6% Dec. 30
Sale
22
Dec. 31
16% Dec.
15% Dec.
20% Dec. 30
Sale" 16% Dec.
21% Dec. 31
Sale
16% Dec.
20% Dec. 13
Sale
3% Dec.
4% Dec. 15
Sale
16% Dec.
21% Dec. 31
Sale
15% Dec.
20% Dec. 31
Sale
16% Dec.
21% Dec. 31
16
Dec.
21%
20% Dec. 31

60

49

49

Jan.

103

50

53

52%

Sale

Oct. 17 101

79% June

28% Mar. 31

50

38 %

"Mar." 14 "31%"De"c'."l3

36% Dec. 31
31% Dec.
2
32% Dec. 15
16% Dec. 31

48

68%

40

12

Nov. 18

67

47

J

Dec.

Apr.
7 110% July 6
Sept. 15 103% Feb. 8
8
Nov.
7
Jan. 21
% Dec. 14
Dec. 14

Oct.
Apr.
Sept.
60% Jan.
18% June
45% Dec.

67

23

Jan

87% Nov. 25
13% June 23
95
Aug.
9
97
Feb.10
104% Oct. 4

77
26

65

J
O

..1965 F

♦Cum adjust 5k xerles A

81
102

87%

67

1962 J
..1978 J
1967 A

Pr lien mtge 4Me ser D

Nov. 16

Jan.

103%
99%
5%
%

"2 '31% Dec.*13

13
4

Nov. 30

Mar

Apr.

3

7

Jan.

May

91

Dec.

5 110
Dec.
109% Dec.
100
Dec. 27 101% Dec.

Jan.

34% Nov. 16
24% Nov. 16

Mar.

Dec.

5

.66

45% Sale

17% Mar.
16% Apr.

Dec.

101% Dec. 10 104

Dec.

65*
It*

Mar.

70
85
68

11

Nov. 12

105

June

20

3

Jan.

107% Nov. 17

Mar.

Dec.

60

J

July

37

Jan.

6
111% Jan.
98% Feb. 17

97% Apr.
93% Mar.
66% Dec.

13

90

34

1962 J

22

12

Mar. 30

80

Oct.

25

Jan.

June

50

MIssour-Kansas-Taxas RR—

2,596,000
1,148,000

68

6

July

85
82
112

June

98

Jan.

90

Apr.
July
July

65

95

--

65

5

93% Feb. 28

June

9

Dec.

14

7

74

12

31

13

..

Jan.

Dec.

92

J i::
94%
80

23%

3

102

58% Dec.

7

91

Jan.

10

20

90%
70%

95

Sale

Dec. 23 107

% Dec. 14

24

"I'H
2

74
Dec.
9
12 104% Dec. 15
Dec. 27
24
Dec. 27

"m "Il%

Sale

75

55
9

16

4

105

97% Sept.
83% Apr.
75
Apr.

76
109

Sale

109%

72

"15%

M

103%

82%

2%

J

Sale

91

1962

ext

Dec.

Dec. 23

7 108

June 23 107% Mar.

96

65.
51%
103% 104

80

::::: "i%

104

J

♦Ref 8c

55

g*

D

97

100% Dec. 14 101

13%
87
59

83

31

103

1

87

94%
87%
94%

8

♦1st At refund gold 4s

Dec.

81

81

102
89

1939
I

"72"

101%

~l3~~

101% Apr.

1

2

2K

S

M

108
71

87

20

Ref Ac Imp 4%s series C
91,000
J
1979 J
174,000 {♦Midland of N J 1st ext 5s
1940 A O
1,000 {♦♦Mil Ac Nor 1st ext 4^s (1880).. 1934 J D

515,000 {♦Mil Spar At N W 1st gu 4s
1947
34,000 {♦Mllw 8c State Line 1st guar 3%sl941
281,000 {♦Minn Ac St Louis 5s ctfa
1934

97

_

86

107% 105% 106% 105
Sale
103%
70
73%
71%
66%
Sale
41
43% 37%
Sale
27
28% Sale
Sale
Sale
31
29%
Sale
29% 27%
27%
25
25
17%

100

80
25

66%
76%
84% Sale
98
98%

22",656

35%
33%

90

101

1939 J

"45"

99

Sale

-

103%

35 %

108

♦Con ext 4M»

71x "75"

91%

Sale

802,000 Metropolitan Edison 4%a ser D.. 1968 M 8
358,000 Met Water, Sewer At Drain 5Us.. 1950 A O
150,000 ♦{♦Met West Side Elev (Chic) 4s. 1938 P A
10,000 ♦Mex Internat 1st 4sasstd.
1977 M S

♦1st ext 4Ms

108

Sale Prices

109% Dec. 10 109% Dec. 10

*80%

86

.

106

72

18,000
27,000

Sale

80

Bee. 20

99%

99
99

1952 M N

84%
79%

Dec.

85
70

1951

84%
79%

Dec.

S

3%a

82

Sale

71

90,000 Manila RR South Lines 1st 4s
1939 M N
191,000
1st ext 4s__
1959 M N
39,000 {♦Man G B At NW 1st gu 3tfe._.1941 J
J
286,000 Marlon Steam Shovel a f g 6s
1947 A C
469,000 Market Street Ry 1st 7s....Apr 1940 Q J
1,121,000 Mead Corp 6s with warrants..
1945 M N

261",666

89

99% Dec. 16 100% Dec.
1
9
92% Dec.
97% Dec. 19
85% Dec. 12 90
82
Dec. 16
ec.
2
84%
76
Dec. 15
78% Dec. 23

97%

98

M N

M

Sale

103 % 105% 104% 105% 104
25
24

111"" 111%

....

Jack L At S gold
1st gold 3%s.._

79

"97"
"96"

99%
94%
88%
84%
78%

98

97

80%

107 %

112""

Sale

100 X
93

Highest

Sale Prices
102

Louisville & Nashville RR—

5,494,000

YEAR 1938

Lowest

*

••

*0 V*

108% Sale"
25

25%
26%

Dec.

Sale"
Sale

10

108% Dec.
„

65 Y

122%
'

3% Feb. 28
1 % Feb. 15

% Dec. 10

2% Feb. 28

% Sept. 22

1%

121 % ~De"c~.
18
Dec.

1

% Dec.
109

8

Dec.

13

103

Mar. 31 109

Dec.

13

"I 122% Dec." 27 116% "Feb. ""3 122% Dec,"27
16

17"% Dec. 21

25% Dec. 31
27% Dec. 31

18

Dec.

16

17% Dec. 21

32% May 12
31
May 11

Sales for

N. Y. STOCK

EXCHANGE

Jan. 3

Ask

T 3#-yr 5a A—1952 J
lat g 4 %a sarlaa B
1941 M
N J Junction RR gu lat 4a—
1986 9
735,666 N J Pow 8c Light lat 4%a
1969
398,000 New Orleana Great Nor 5a aer A.. 1983
201,000 N O A N eaa'ern ref 4%a aerlea A. 1952 J
1,817,000 New Orleana P S lat & ref 5e A... 1952 A

122% 123%

D

..1955
New Or eana Term lat 4a guar...1953
{♦♦N O Tex 8t Hex Income 5a..
1935
586,000
♦Firat 5a aerlea B
1954
♦Certificate! of depoait
60,000
263,000
♦lat mtge gold 5a aerlea C
1956
538,000
♦let 4%a aerlea D.
1956
1,260,000
♦Flrat 5 Ha aerlea A
1954
50,000
♦Certificate! of depoait
...
45,000 Npt 8c Cln B fen gu g «H> --—1945

N

Sale
95

121

107" 107%

J

57

65

J

45

52

97

Sale

96*4

O

lat 8c ref 5a aerlea B

2,314,000
570,000
222,000

Sale
76
.51
36

34
33

54

34 %

42

O

3M

49

J

110%

F

A

F

A

A

J

Lowest

Highest

Sale Prices

Ask

Sale Prices

Sale
45

33

Sale Prices

Conaol 4a aerlea A.

.......1998

..

F

A

82

Sale

67

Sale

70

1946
2013
2013
1952

A

O

Sale
Sale

Sale

76%

O

91%
64%

78%

A

55

Sale

59%

A

O

71

Sale

59%

Sale

MN

83

Sale

65

Sale

63%
67%

83

Sale

78

81%
Sale

10-year 3%a secured a f
Ref 8c Impt 4H>
Ref A Impt 5a

aerlea A
aerlea C

Con? secured 3%a

93%
94%
95%
96%
64% Sale
81%
85%
75
85%

2,549,000 NYCftHRg mtge 3 Ha
1997
427,000
Debenture 4a of 1912
1942
6,664,000
Ref A Impt. 4%a aerlea A
2013
581,000
Lake Shore coll g 3 Ha
1998
146,000
Mich Cent coil g 3 Ha
—1998
New York Chicago 8c St Loula—
5,155,000
♦Refunding 5%t
A......1974 A O
14,209,000
♦Refunding 4%a aerlea C.
.—1978 M S
6,338,000
♦3-year 6a...........
Octl 1938 A O
783,000
4a collateral trust
—1946
324,000
1st mtge 3%s extended to
1947
2,153,000 N Y Connecting lat gu 4%a A...1953
197,000
lat gtd 5a aerlea B...
1953
531,000 N Y Dock lat gold 4a
1951
Convertible 5% notes.........1947
151,000
1,804,000 N Y Edison 3%a aerlea D
1965
1,149,000
1st lien 8c ref 3%a aerlea E
1966

62

Sale

90

64

55

124

Dec. 14

120% Jan.

108

Dec.

7

104% Apr.

Dec.

1

70
53

Dec. 31
Dec.

46

Sale

Sale

Sale
Sale
Sale

Dec.

78

1948
4a—1949

JD

121,000 ♦N Y 8c Greenwood Lake 5a
1946
85,000 N Y 8c Harlem g 3Ha
2000
96,000 N Y Lack 8c Western 4a aer A....1973
Guar 4Ha aerlea B—...—
14,000
.1973
♦N YLB 8c W Coal 8c RR 8%a
1942
♦Dock & Impt lat 5a.._.
1943
9,000 N Y & Long Branch gen 4a. ...1941

M N
M N
M N

N Y Gaa El Lt Ht 9c

Pow 5a

Purchaae money coll tr g

F

23

Apr.

22

Mar. 30

N N
61 N
J J
M S

50% Dec.

Sale

44

5

Dec. 23
Dec. 30

30

2

65

7 103% Dec. 30
102% Dec.
5 106% Dec. 30
Dec.
106% 106
1
Sale
52% Dec. 23 57% Dec.
53
Dec. 31
49
Dec. 10
59%
106% Dec. 12 108% Dec. 22

98

287,000
887,000
26,000
374,000
103,000
1,964,000
1,108,000
16,000
164,000
2,038,000
770,000
294,000
611,000
1,206,000
1,949,000
699,000
54,000
1,394,000
2,285,000

78

68

Dec. 12

84%

75

Dec. 22

1963 J
5a-1937 i
1937 F A
7*1
♦General gold 5a
——-—1940 F A
43*1
♦Terminal 1st gold 5a..—
1943 M N
NYTallstgcgsna f4Ha
1939 MN 106*1
Ref mtge 3%a aerlea B
1967 J J 104*1
N Y Trap Rock lat a f g 6a—
1946 J D
68 stamped....
—1946
j"j
{♦♦N Y Westches 8c Boa lat 4%a-l946
Niagara Falls Power 3% a
1966 M S
a o
Mag Lock A Ont Pow 1st 5a A...1955
M N
Niagara Share (Mo) deb 5%!——1950
Nord Rya extl a f 6Ha
...—1950 A O
F A
•{♦Norfolk South lat A ret 5s A-1961
—

F

513,000 North Am Edlaon deb 5s aer A.—1957 M S
Deb 5H» ser B
946,000
Aug 15 1963 F A
Deb 5a series C
Nov 15 1969 MN
78,000 North Gent gen A ref 5s aer A—1974 M 8
Gen A ref 4Ha aerlea A
1974 M 8
54,000
{♦Northern Ohio Ry lat guar 5a.
A O
Apr 1 1935 and sub coupons...1945
7,000
♦Oct 1938 and sub coupons—1945
♦Certificates

22,000
6,231,000
3,256,000
947,000
7,595,000
400,000
775,000
1,422,000

of

A

Ref A Impt 6s Series B

C

Ref A Impt 5s Series D.

N'western Teletf

12%
Sale
12

53

Sale

55*
7%

108%
Sale

97

Sale
Sale

Sale

77
65%
51%
48%
109% 110%
104

94

Sale

101%
11%
10M

10

Sale

Sale
Sale
Sale

47%

Sale

Sale

103% Sale
Sale

119% 125
115% 119
70

79%
75
Sale

68

63
74

Sale

4

Sale

109% 109% 110%
107% Sale 108%
Sale
97
94%
102%
101K Sale
Sale

7

109%

Jan.

4

102% July
39% Mar.
45% Sept.
101
Apr.
101% Apr.

Dec. 28

J

16

IV IV

73

87%

July
9
121% Sept. 29 125
112% Apr. 16 117% Nov. 29

64

85

Apr.

8

11

Dec.

20

10%
10%

Dec.

21

11

10%
10%
11%
11%
10%
12%

11

18

Dec.

5%
11%
50%
6%
3%

Dec.
9
Dec.
6
Dec. 10
Dec.
7
Dec. 10

10

64

Dec.

Sale

96
Sale
17
15

60

115

106

Dec.

64

5
64

16

11
11

June 20

18
5

38

80

92

6
5

5
Dec.
100% Dec. 13 102
7
12% Dec. 15
9% Dec.

Dec. 22

7
5% Dec. 28
8
40
Dec.
10

Dec.

6

103% Dec. 29 103% Dec.
108% Dec. 30 109% Dec.

7

Dec.

7

62

72%
2%
109%
107%
94

Dec.

63

8

5
74
Dec. 31
Dec.
4
Dec.
3
Dec. 28
3 110% Dec. 20
Dec.
Dec. 19 108% Dec. 30

Dec.

14

97

Dec.

1

99% Dec. 13 102% Dec. 29
9
18% Dec. 15
14% Dec.
9
16% Dec. 15
12% Dec.
57

Dec. 28

60

Dec.
Dec.

4%a extended ..1944 J
J

J

13

J

J

12

1967

14

92

16,000 ♦Ogden A Lake Ch 1st guar g 4s. 1948
♦4s stamped......
1948
Ohio Connecting Ry 1st 4a.—.—1943
Ohio Edison 1st mtge 4s.........1965
1st mtge 4a
—-——.1967
1st mtge 3%s
1972
Oklahoma Gas A Elec
—
1966
4s debentures
....
1946
Ontario Power N F lit 5s—
1943
Ontario Transmission 1st 5s.....1945
Oregon RR A Nav con g 4s
1946
Oregon Short Line 1st con g 5s—1946
1st guar cons 5s stamped
1946
Ore-Wash RRANav tstAref 4s...1961
Otis Steel 1st mtge 4%s A
1962
Pacific Coast Co 1st g »a
..1946
Pacific Gas A El 4s ser G
1964
1st A ref mtge 3%s ser H
1961
1st A ref mtge 3%a 8er '
...1966

For footnotes, see page

30.

Sale

51%
67%
56%
56%
107%

4%
Sale

65

53%
Sale

59%
59%
Sale

4%
4%

6%
Sale

108%

105

108

105

MN

Sale

106

Sale

M S

Sale
Sale

106

Sale

106% Sale
106% Sale
101% Sale

J

J

D

Sale

J

D

101%

F

A

Sale

MN

113
Sale

J

D

J

J

117%

101% Sale
106% 107
104% Sale
113% 113%
110% 113
102

70

109%
105%
101%

Sale
Sale

Sale

103%

Jan.

28 109

Dec. 20 106

Dec. 20

Dec.

102

Jan.

7

Mar.

16

9

Dec.
Dec.

11% Jan.

4
40

Oct.

8H Jan.

52

103% Dec.
104% Apr.
Mar.
Mar.

67

62
60

2% Dec.
104% Jan.
107% Nov.
82
Mar.
85
Sept.
8% Apr.
9

Mar.

43% July

110

75

llO^f

Jan.
Nov.

7
3

Aug. 16
July 27
Jan.

11

Oct.

27

108% Aug. 12
97

Nov. 12

102% Dec. 29
19% Nov. 10
17% Oct. 27
60

Nov. 22
Dec.

Mar.

121

Apr.

107% Oct.

99% Apr. 18
Jan. 24
96% Apr.
1
110
July 22
104% Oct. 17

5
3
19
12

" Apr. 25

107

105% Nov.
107
July

14
19

9
7

106% Dec. 28
115
Nov. 30

116% Jan.

7

45

Dec. 31

23

June 29

45

32% Dec.
81% Dec.
46% Dec.
48% Dec.

24

35

28

Dec. 31

35

Dec.

28

May 11

17

83% Dec.

67

22

53

Dec.

41

20

53% Dec.
68% Dec.

40

June 17
June 17
June 17

Dec.

46

58% Dec.
107% Dec.

45

51

Dec. 22
Dec. 22

50

Dec.

58

106% Dec.

4

Dec.

17

3% Dec. 30

58

53% June 18

102

4% Dec. 13
5

Dec.

9

107

Sale

104%
112%

Sale

110

5

Dec.
93% Jan.
62% Jan.

7
12

76

Jan.

13

88% Jan.

11

79
Jan.
June 17
80
Jan.
June 18
June 25 107% Dec.

Sale

4

Dec.

3% Sept.
Aug.
Apr.
98
Apr.
91% Apr.

107
98

107

Dec.

108

Dec.

29

Dec.
Dec.

114% Dec.

13

115%
Dec. 13 104
2
80
Dec.
Dec. 29 60%
Dec.

7 112

Dec.

8 109%

Dec.

107

8
Dec.
Dec. 31

Dec.

19

Dec. 21
Dec.

21

Dec. 17
.Dec, 29

98

Jan.

96

Apr.

111

Apr.

110

113~

108

105% Dec. 22 106% Dec. 31
Dec. 16 106% Dec. 28
5
9 101% Dec.
100% Dec.
9 107% Dec. 21
106
Dec.
2
8 104% Dec.
103% Dec.
5
112% Dec. 29 113% Dec.

105

114% 113% 114% 113
Sale
115
115% Sale
Sale
104
Sale
102%
Sale
80
Sale
78
77%
65
61%
59%
56%
59%
Ill
112
111% Sale
Sale 107%
109
108% Sale
105
106% Sale
105% Sale

113

115

Sale

Sale

18

Dec.

38

108

M S

J

Feb.

10
14

31

100

100

4%
4%

8

13
12
Jan. 11
35
Jan. 14
12
Jan. 12
23
Feb.
7
79
11% June 23

6
Mar. 29 105% Dec.
Oct. 22.
Apr.
9 .98

100% Dec.

1,06

Sale

106%

Jan.

21

20% Jan.
18% Jan.
23% Jan.

July 25
May 10

107

Sale

J

3 Hs

Jan,

Nov. 23

101

6 121

Jan.

8

Dec.
2
103% Dec. 19 105
9
103% Dec. 31 106% Dec.
1 106% Dec. 28
104
Dec.

53

Sale

10

13
11
14
17

19*

58

Sale
Sale
Sale

83%

57%

Dec.

Mar, 31

19% Jan.

68

97

48

Sale
49%
53% Sale
63% Sale

10

7

16

106
1 105% Dec.
Dec. 31
97% Dec.

Dec.

Mar. 31
6
Dec.

96% Mar.

10

Dec. 31 106% Dec. 28

83%

56

5
22

45

42

65

.....

26

Jan.

Jan.

Dec.

111

Sale

82

98

Jan.

Dec.

14

45

35

77

Mar. 12

47% Dec. 27

51% Dec.

Dec.

12
June 20
Dec.

10% Dec. 12
5
12% Dec.

115

105% 107

Dec.
Dec.
Dec.

11%
50%
5%
3%

8

47% Dec. 27

103%
103%
105%

Sale

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

55

Dec. 21
Dec.
6
Dec. 12
Dec.
5

105

104% 105
105%

13%
16%
16%
16%
16%
16%
17%
25%
7%
17%

Sept. 20
Dec. 21
Dec. 12

Sale

35

Sale

53%
108% Dec. 22
108% Nov. 4

Dec.

118% Dec.

42%

Sale
Sale

Nov. 14

64

Sale

70

92%
62%

Oct. 27

61

Dec.

118% Sale 118%
105% 105% 105

104

3
6

Jan.

62% Dec.

8

Sale

IV

Jan.

Dec. 17 22
Apr. 22 103
80
Apr. 18
93
Nov.
2

8

109

11%

Jan.

95%

60

Dec.

103%

Sale

90

108

95

Dec.

Sale

Sale

3
3

June

Dec.

40

Sale

Sale
Sale

23

Dec. 28

40

5%
30

103%

72%
3%

Dec.

Jan.

14

9
4

109
63

79
69

106

68

Dec. 17

11

11

5

Sale

Sale

Mar.

51% Apr.
June

1 125
Dec. 16
9
Dec. 20 117% Dec.

105% 105

105%

Sale

100

58%

Sale

Sale

103

18%
16% Sale
16% Sale
16% Sale
16% Sale
16% Sale
17% Sale
25% Sale
7% Sale

5
75

40

A

758,000
3,000
3,492,000
1,535,000
2,236,000
1,483,000
1,337,000
347,000
31,000
716,000
335,000
580,000
3,877,000
1,729,000
101,000
2,187,000
2,768,000
3,680,000




16%

F

Northern States Power

13

70

Jan 2047 Q F
2047 J J
—2047 J J
2047 J J
2047 J J

Id gt 3a

Ref A Impt 4Hs Series

Ref A Impt 5a Series

15

13

48

9

Jan.

26% June

Dec.

116

Jan.

stamped

dep

April '33 to Oct '38 coupons. 1945
Northern Pacific prior lien 4a—1997 Q
Gen Hen ry A

Sale

70

A

2,099,000

12%

Sale

93%

7 108%

11

84
74
62

June

95

Sale

105

June 17
58% June 23

75
74%

50

Sale

101%

Sale

♦Certificates of depoait
♦{♦Norfolk A South 1st g 5a
1941 M N
Norfolk A West Rv lat con g 4a...1996 A O

deb 5a——..1961

47%

60

92% Sale
90
96%

15
97

95

Sale

New York Steam

North American Co

61

7%
4%

76

.80% Dec.

13
13
11
17

50

6

Sale

Sale

64

22

69

.....

66

14*

Corp 3%s
{•♦N Y Suaq 8c West lat r*f A
♦♦Second gold 4%S-

1 106

38

105

79%

50

94% Jan.
98% Jan.
65% Jan.
82% Jan.

June 21
June 17

30

56%

60

11%
11%
11%
11%
12%

81% Dec. 30
59% Dec. 31

Jan.

i?
15

84

June 17

60% Dec. 31
53% Dec. 31

50

100

67
64

5

18%
99%
75

50""

99" 100%

J»NY&N Eng (Boat Term) 4B...1939 A O
{♦N Y New Haven 8c Hartford—
139,000
♦Non-conv debenture 4a
1947 M 8
289,000
♦Non-conv debenture 3Ha
1947 A O
380,000
♦Non-conv debenture 3Ha.«_.1954 A O
J
818,000
♦Non-conv debenture 4a. ...—1955 J
899,000
♦Non-conv debenture 4a
1956 M N
J
♦Convertible debenture SHa..1956 J
805,000
♦Convertible debenture 6a
1948 J )
4,316,000
A O
♦Collateral trust 6a—
1940
1,183,000
♦Debenture 4a....
1957 M N
763,000
♦1st 8c ret 4Ha aer of 1927
3,123,000
1967 J D
W N
232,000
{♦ iarlem RftPt Chea «st 4a..1954
M S
1,803,000 {♦N Y Ont 8c West lat g 4a
1992
237,000
♦General 4a
.....1955 J D
9,000 {♦N Y Prov 8c Boaton gen 4a
1942 A O
N Y 8c Putnam lat con guar 4a -1993 A O
63,000
390,000 N Y 8c Queens El Lt 8c Pr 3%a—1965 M N
New York Railways Corp—
207,000
{Prior Hen 6s stamped
1958 J J
125,000 N Y 8c Rich Gas lat 6s A
1951 MN

Dec. 23

June 16
June 17

51

Sale

70

100

84

82

53

124

64

42

Dec. 24
Dec. 12

125%
116%

93%

...

3

91% Jan.
65% Jan.
73
Jan.

June 17
38% June 16

65

Sale

69

Jan.

62

67

Sale

15%
99%

48% June 20

2

124

12

9 111% Jan.

Dec.
1
Dec. 31
Dec. 29
Dec. 30

12

116%

61

35% Feb. 21
8

7

Dec. 28

Dec.

Dec.

25
4
25

78%
59%
64%
67%

Dec.

105% 102% Dec.

July

40

70

7

107% Dec.

..

36% Aug.

1

26% May
108% Nov.

64

107% 108

96%

84

July

Mar. 31

15

63

Sale

102%

37

22

Dec.

Dec. 30

2

Sale

85

...

Nov.

35

Dec. 13

107%
107%

123
'123%
113% 114%

A

Oct.

53

39

53% Dec.

N Y 8c Erie—See Erie RR.

358,000
540,000

15

37% Dec. 30
33% Dec. 12
35% Dec. 15

Dec. 10

82

Sale
Sale
Sale
75
66

Sale

60%
53%
Sale
104%
71
73%
75%
82%
80%
76%
Sale
103
103%
106
106% 104%
54
57% Sale
53
50% Sale

61

75

Apr. 21

47*

68% Dec. 14

8

Dec.

63

10
3
103% Dec. 30
86% Apr.
1
Dec. 31
Mar. 31 104
Jan.
5
Mar. 31
76
June 14
35
July 23
23
Mar. 30
38
July 22
22
June 10
36
July 22
24

103% Dec. 30

35

8

4 108% Sept.

Mar. 11

38
34

Dec. 15

104

74% Dec. 27
53% Dec.
2
56% Dec.
5

77%

Sale

102%

107% 108%
109%
48% Sale

103

83%
81%
59%
66%

70

64
.....

Sale

103

67

55%

Sale
Sale

77

74

Sale

Highest
July 22
Sept. 28 126
8 124% Nov. 7

120

125% Dec. 27

123% Dec.
8
124% 124% 125
124% Dec.
8
123% Sale 123% 124
90%
107
Dec. 21
108%
107% Sale
Sale
63
70
"66% 66% Dec. 28
Sale
5
50
53
47% Dec.
46%
Sale
103
101% Dec. 10
102% Sale
Sale
104
101% Dec. 20
101% Sale
61
Dec. 28
66
68% 68% Sale
Dec. 19
32
35% 30%
35% 31
Sale
33
Dec. 27
34
37% Sale
29
36%
36% 32% Dec. 12
32%
36
38% 33% Dec. 27
34% Sale
30
Dec. 28
34% 35% Sale
32%
36
33
Dec. 19
34%
39% Sale
30
32%
III"" 108% 110

New York Central RR—

3,024,000
2,587,000
6,747,000
7,711,000
4,857,000

Highest

Lowest

|

124

A

O

31

Dec.

:

Ask Bid

Bid

Bid
N«w England T 8c

Dec. 1

1938

$

768,000
417,000

YEAR 1938

RANOE FOR

PRICES IN DECEMBER

Price

II

bonds

12 Months
1938

37

EXCHANGE-BONDS

N. Y. STOCK

jan., 19jj9]

May

103

Apr.
109
Apr.
110% Apr.
90% June
59

Apr.

45

Jan.

106% Apr.
102% Apr.
98% Apr.

10
18
3
106% Nov. 15
106% Nov. 14
1013% Nov. 14
107% Dec. 21
2
104% Dec.
13

Jan.

Jan.
12
108% Jan.

114% Aug. 10
Feb. 23
113
Jan. 10
110
116% Jan. 17
118% Jan. 10
106% Jan. 13
80

Dec.

19

60% Dec. 21
112

Dec.

21

109% Dec. 17
Dec. 29
107

28

N. Y. STOCK
s

Sales for
12 Months

BONDS

1938

N. Y. STOCI EXCHANGE

S
PlTi
95,000 ♦♦Pacific RR of Mo 1st est 4s
♦♦2d extended gold Ss.w.....
33,000

-

Price

it

Bid
1938 F

A

1«38 J

J

652,000
1966
1,114,000
1966
22,000 Paducab at Illinois 1st s f 4 %■. 19Sft
644,000 Panhandle Eastern Pipe L 4s A. 1952
Paramount Broadway Corp—
1st mtge s f g 3s loan ctfs.
431,000
1955

PRICES

Jan. 3
1938

■5 a.

FaclMc Tel at Tel 3% s ser B
Ref mtge 3%8 series C—

EXCHANGE—BONDS

Ask

82

A

O

J

D

Dec. 1

J

J

103

S

99

P

A

Ask Bid

50

88

92%
103% 104%
104% Sale

M

Bid

Dec.

109

67
72

DECEMBER

RANGE FOR

Lowest

Highest

Sale Prices

Ask

63

70

IN

31

65

93

65%
63
71%
107% 108% 108
108% 108
108% Sale
108
108% 109
101%
101%
105
105
105%

Dec. 28

Sale Prices
70
Dec.

Dec.

6

67

Dec.

12

108% Dec. 20

Dec.

1 109

Dec.

7 105% Dec. 23

Dec.

19

—

s

f debenture 6s

1955

3lis cony debenture
1947
Paris-Orleans RRExt s f 5H<— 1968

1,467,000
1,258,000
303,000
25,000
22,000

63

58

Sale

57

59%

56

Sale

97

99

99%

99%

73%

82

83

88

89

94 %
Sale

94

Sale

100

97% Dec.
82% Dec.
93% Dec.

50%

Sale

49

118%
79 %

122

71
89 J

Parmelee Trans cony deb 6s
1944
Pater son at Passaic GfltESa..... 1949

♦Paulista Ry 1st & ref 7s

59%

91%

Paramount Pictures Inc—

38 j

116

A... 1942

ser

-

100%
50%

122

Dec. 24

Dec.
Dec.

49
122

58

Dec.

65

Sale Prices

Oct.
5
June 24

60

1938

Highest

Sale Prices
5
17

Dec.

'

1,712,000

YEAR

Lowest

82
70

6

Jan.
Jan.

102% Apr.
2 108%
102% Jan. 28 109
98% July 26 103
98
Apr.
7 105%

19

Dec. 20
Dec. 19
Apr. 14
Nov. 30

1

56

Dec. 24

5 99% Dec. 24
3
87% Dec. 30
1 100% Dec. '28

81

Mar. 31 100
July 19
Mar. 31
87% Dec. 30

15

50% Dec.
7 122
Dec.

1

7

61%

57

75

63

July

Sept. 28 100%
Mar. 31
52%
Jan. 21 122
Mar. 25
72

313
1183
60

19

Dec. 28
Nov. 14
Dec.
7

Aug. 29

Pennsylvania Co—
Guar 3

_

,

coll tr ctfs ser B
72,000
1941
Guar g 3%a tr ctfs series C
15,000
1942
Guar g 3%a tr ctfs Series D—1944
47,000
44-year guar tr ctfs 4s Ser B..1952
208,000
28-year 4s
1,531,000
1963
424,000 Penn Dixie Cement 1st 6s A
—1941
98,000 Penn Glass Sand 1st mtge 4)4*--1960

F

J

D

713,000

4%s series A

4%s series B

1,000

F

958,000
268,000
1,964,000
1,043,000
7,433,000
3,283,000
4,244,000
3,294,000
1,586,000
5,495,000
180,000
773,000
330,000
541,000
89,000
788,000
607,000

159,000
143,000
24,000
8,000

18,000
3,000
26,000
5.000

80
103

D

O

O

1960 F

1965 J

...1952 A

Peoples Gas 8c Coke 1st 4a

.1943 A

Refunding gold 5s

MS

—1947

cons 4s

1940 A

♦Income 4s (flat)

Phelps Dodge

cony

Sale
Sale

Sale

Sale

Sale
Sale

115% 116%
109 % Sale
61

9%
107

90
84

76

A

Sale

102% Sale
109% 110%
114
123%

1977 J

J

103

114

1981 J

D

Phlla Company secured
gold 5s.1967 J

109

115

D

93 %

Sale

1967 M

8

1973
1949 M

6

106%
16%
4%

Sale

General 4H« series D
Phila Electric 1st &
ref 3%s
t^PbMa at Read C at I ref 5s

♦Convertible deb 6s
t

"Philippine Ry 1st 30-yr
Phillips Petroleum conv 3s

J

f 4sl937 J

s

I

194K M

Pirelli Co (Italy) cony
7s
1953 M N
Pitts Coke & Iron
cony 4Hs A—1952 M
S
P C C 8c St L
g

4Ha series A
1940
Con 4Hs series B
guar g
1943
Con 4Ha series C
guar g
1942
Con 4s series D
guar g
..1945
Con 3H> series E
guar g
1949
Con 4s series F
guar g
1.1953
Con 4s series G
guar g
1957
Con 4s series H
guar g.
1960
Con 4Ha series I
g__
.......1963
Con 4H« series J
guar
1964
Gen guar 5s series
A
1970
General g 5s ser B
1975

1st gen 5s series C
1st 4H® aeries D

A

O

A

<Y

MN
M N
F

Tobac

Sale

D

M N

F

A

11

....

73

80

cony

stk

(65% pd)

gold 6a

J

[•'

19411J
1997

-«MUU

---

'

-

62,000 ♦Rhine-West Elec Power 7s.
♦Direct mortgage gold
316,000
6s
♦Cons mtge 6s
274,000
♦Cons mtge 6s
281,000
with warrants.
1,557,000 1iRichfield Oil 4s conv deb
-

33,000 Richmond Term Ry 1st guar 5s.

~~7".666

7s

♦Rio Grande
June 1st guar 5s

Dec.

110

104

110

104

Dec.

104% 103
104% 103% Dec.
Sale
99
98% Sale
96% Dec.
109% 110% 110% 110% 109% Dec.
13% Sale
12
Dec.
13% Sale
4%
13%

Sale
Sale

"88""

3

14% "13% Sale"

99

77

112%

Sale

85%

Sale

93

92

83

92%
103%
103%
103%

104%

108

104

Dec.

106

108% 106

*Dec.

92

308% Deo.
85% Dec.

104% Jan.

18

18,

Mar. 30
June

Apr.

14

3

8

Apr.
97% Apr.
99
Mar.
78% Mar.

10

21115

"

20

101% Apr.
103
May
105
Apr.
103% June

103

104

100

105

105

112
113
111%
111
111%
112%
103
100% 102% 102
101% Sale
101% 103
92% Sale
92%
92%
105% 108%
107%
50
51
52% "45%

116%
112% 115
110% 116%
104% Sale
108%
50%
78
50%
59
52

60

50

51

53
Sale

44

42

109% 110%

19 112
3 103
2 102%
3
93%

15

Dec.

19

Dec.

30

Dec.

24

Dec.

15

47%

41 %
43

Dec.

14

48% Dec.

51

42% Dec.

14

51

Dec. 29

46

Sale

101%

100

Dec.

1

109

104% Jan.
108

Feb.

53%
55%
55%
109%
115%

Nov. 25

38
32

Mar.

1

1
60% Dec.
Dec. 27

43

Mar.

101

May
May
Dec.
Mar.
Jan.
Apr.
Dec.

Dec.

4

Jan.

106
100

100

16

Feb.
4
112
Dec. 19
6
112% Jan.
112% Jan. 14

June

1

15

Dec.

Feb.

104% Nov. 25

71% June
40

2

9

5

117

May
Apr.

Dec.

106

100

90

106

6

Mar

106% Dec. 29
105% Mar 10
105% Aug. 29

104% Aug.
107% July
107
Apr.
94% June

Dec.

17

L08% Jan.
110% Jan.

June

103

117

6 112

19

109

July

103

103

ill*:::::

Dec.
Dec.
Dec.
Dec.
Dec.

Feb.

Sept. 26 112% Dec. 29
80% Oct. 17' 89% Nov. 9
77% May 31 93% Nov. 14

Dec.

111%
111%
100%
100%
91%

Jan.

6% Feb. 21
31

105

104

20

8

Feb.

5
12 110% Feb. 21
31 109% Jan.
5
31 100
Nov. 10
28 110% Dec. 19

Dec.

Dec.

10

Jan.

Jan.
June

20 104

11

Oct.
Jan.

Mar.

9

Jan.

10
3
3

76

3

2

89

__

10

17

Jan.

19
3
12
3

1 116
Apr.
June 20 110

105

Dec.

91

17 101% Jan.
15 101% Jan.

Mar. 31

1;

92

6

Mar
Apr. 25 117
5
Apr. 26 114% Nov. 14
Apr. 28 60
Jan.
8
Mar. 29
8% Jan. 14
8 107
Apr.
Jan. 18
June 14
4
80% Jan.
June 24
5
75% Jan.

19

104% Dec.
108% Dec.

95% Jan.

June 21 120% Jan.
June 17 106
Jan.
June
Ill % Jan.
June

13

15
13

94
Oct..
4
14 105% Dec. 30
25 109% Jan.
6
19 114
Jan.
3

18 111% Feb.

June

31

104

Dec.

Apr.
Apr.
Apr.

Dec.

103%

107%

June
Oct.
Feb.

Feo.

28
21

100% Jan.
94
July 21
106% Dec. 15

Jan.

31
4% Dec.
2
13% Dee.
112% Dec. 29
85% Dec. 31

Dec.

}9&*

28

104

100% Apr.

110% Dec.
13% Dec.

Dec.

89%
92%

Dec.

^,104% Dec. 19
~

Dec.

10

28 104

102%

76

5%

...

84

Sale
81

10

Sale

75
95%
74% Sale
93% Sale
92% 106
90

July
Dec.

99

15

Sale

59

107

105

44

37%

46%

2%

84

112%

82

97

76

Sale

97

103%

73%
60%
54%
71
Sale
71%
69%
Sale
102%

-----

04

Sale

93

Sale

Salo

107

Sale

80

Sale

99%
26%

10(

94%

Sale

l88

99

19

22

21

Sale1
29

94% Sale
99% 100%

99%
Sale
24

Sale

28

50

34

54
20

27

.

30

90%

Sale

104
45

55

26

193^

40%
15%

68%
42
21%

S

119

1962 M

8

108%

1967 M

S

1949 J

8

O

J

9%
11

J

J

1941 J

J

9%

1947 J

D

101%
100%

194 i

.1966 A

A

O
J

108

J

.....

O

105%

10

Jan.

21

Jan.

21

Jan. 17
Feb. 28

Dec.

Sale

22%
30
Sale

27

30%

27

sile

21

Dec.
2
Dec. 20
Dec.

30

7
46% Dec.
41 % Dec. 14
15% Dec. 31
108% Dec. 27
82% Dec.
3
3% Dec. 10

11

10%

23

ll6"

30

32%
14

12%
Sale

Sale
109%
94

97%

108

10%

11%
-----

5% Sale
7%
.5%
6% Sale

35
»8

4%
4%

7%
5%

39%
9%
103%
74%
3%

64% Nov. 10
55

Nov. 22
Mar.
8

45

Nov.

106

9

18% July 19
108% Dec. 27
85
8

June 30
Jan.

10

6

32

June

43

Nov.

95% Dec. 29

97% Dec.

5

82% Apr.

98

July 28

69

77

Dec.

28

22

43

5

Dec.

52% Apr.

53% Dec. 29
67% Dec. 13

48% June
58

June

68

93% Jan.

3

Dec.

101

Dec.

59% Dec.
71% Dec.
12
71 % Dec.
12 103% Dec.

67
84

Sept. 26 93
Jan.
Apr.
1 103% July

21

104% Dec.
91% Dec.
105% Dec.
92

15

10

99

50

Dec.

1

Dec.

72

Dec.

Dec.

27

29

Dec.
Dec.
Dec.

26%
26%
26 %
104%

Dec.

27

Dec. 24
29
Dec. 24 28
Dec. 22
27%
Dec. 12 106%

27

Dec.
Dec.

8%
30%
3%
5%
4%

Dec. 28
Dec. 28
Dec.
5
Dec.
Dec.

2

47% Dec. 28
42% Dec. 22
20

16 110

Dec.
6
Dec. 14
Dec. 23
Dec. 27
Dec. 28

Dec.

30

110% Dec. 27

12

Dec. 16
Dec. 30

30%
5%
5%
6%

Dec.
Dec.
Dec.
Dec.

14
1

15
1

Sale
105% 105% 105
104% Dec. 17 105% Dec.
2
Sale
105% 106
105% Dec.
1 106
1
Dec.
106%
93%
93%
."
60
88%
57Dec. 28 57% Dec. 28

15
35

7%
20%
3%
5%
4%

4

Nov, 16
Nov. 10

June 30

96

Nov. 10

101% Oct. 22
50% Dec.
1
25% Nov. 12

Jan.

32

Sept.
Sept.
Sept.
Mar.
Oct.

Nov.

5

33% Nov. 10
33 % Nov. 10
33% Nov. 10
107
Aug. 10
105% May 14

Nov.

50

Sept.
28% Apr.
12
Sept.
118% Jan.
107% Apr.
108

25
4

95

June

24%
24%
24%
89%
103%

Oct.

Jan.

1J 2

28% Jan.
20
Jan.

50% Dec.
22

81
75

125

Mar.

92

94% Dec.

6 100

9

Apr.
71% Apr.
94% Apr.

Dec.

21% Dec. 27

1
16

100

rl05% Dec.

9
94
12 108

Dec.
Dec.

110
Sale

40

Dec.

104% 105
104% 103 % 104%
19%
13%
20%
"39"" 48% 39
47%
7
55"" 38%
40% Sale
41%
20
Sale
16% Sale
15%
121%
122%
109% 110% 109% U0% 109%
108%
108%
108

9%
19

27%

29%

27 105

103

193V

A

Sale
Sale

108

195*

1934 M

Sale
55%
Sale

Sale

30
30

1948

97%

Sale

28

M

80

35

Sale

58%
71%

Dec.

42% Dec. 19
39% Dec. 20

3% Dec. 28

40%

78

28

1951

54% Dec. 22
105

N

"~3%

4%
53
Sale

106

30

1952

41

46%
15% Sale
13
108% 108% 108

107% 108
•81

Sale
107

40

Sale

105%

92

1967 M S

30.

43

110

M N

1947 1
St Lawr 8c Adirondack 1st
g 5a__1996 J
2d gold 6s
1996

see page

60%
105%

43

M N

1977

...

1,086,000 Safeway Stores s f deb 4s
841,000 Saguenay Pow Ltd 1st M 4%a
155,000 St Jos at Grand Island 1st g 4a




88% Apr.
83
Apr.

110

195?

194"

ser

Gen mtge 5s series
E_.
Gen mtge 3%s
series H
Cen mtge 3%s series
I.

footnotes,

107

106% Dec. 29 106% Dec. 29

1950

D__

Rochester Gas & El 4
H»

For

Sale

105

1952

& coll trust 4s
series A

724,000 *t*Rock!a Ark 8t Louis
lst4Ha
37,000 ♦Ruhr Chemical
135,000 jmRutland-Canadian 4s stpd__
21,000 ^♦Rutland R R 1st cons g 4%8_
♦4%s stamped
193,000

icT.666

108

103%

106

195.*
.

{♦Rio Grande Western 1st
g 4s.
con

9

13 105% Dec. 30
16 108
Dec. 31
5 110
Dec. 27
19 110
Dec. 27

104

-

1953

♦1st

104% Dec.

103% Jan.
103% Jan.
103% Jan.

June

94

Sale

106%

104%

195»

Gen 8c ref
4%8 series A
Gen & ref 4%s series
B

S f

94% Dec.

94

97% May
99% Aug.
90

109
Sale
Dec.
109% 110% 108
107% 109% 109% 110% 108% Dec.
86% Sale
83
Dec. 21
87% Sale
74
87% Dec. 31
114% 116
3 116% Dec.
116% Sale
114% Dec.
6 109%
95% Sale
94
Dec. 10
97% Sale
82
97% Dec. 31
103% Sale
104% Sale
102% Dec. 21 105% Dec. 16
89%
83
Sale
85% Sale
86
81% Dec. 13
Dec. 27
67
92% Sale
91
Dec. 21
92%
93
92%
Dec.
75
1
93
91%
91
Dec. 21
93
92% Sale
Dec. 15
84%
Sale
81
Sale
82
76% Dec. 13 83% Dec. 27
65
115% 316% 116%
2 117
Dec. 19 113
116% Dec
Sale
112% XJ3H 113
112% Dec. 27 113% Dec. 16 107
57
Sale
43% Sale
42'
Dec. 13
57
Dec. 31
40
5
5% Sale
8
4
5%
4% Dec.
5%kDec. 31
103
103
Dec. 21 103
103%
H)ec. 21 100
66% Sale"
66% Sale
Dec. 14
63% Dec. 28 68
53%
64
62%
64
59
Dec. 28
62% Dec.
2
49%
61% Sale
50
"61% 63
57% Dec. 22 61 % Dec.
1
115
Sale
112% Sale
1 115% Dec. 23
112% Dec.
99%
107% 108% 108
108% 107% Dec.
6 108% Dec.
9 105%
107% 114% 107% 108% 107% Dec. 16 109% Dec.
7 104

43

1951 J

♦Rima Steel

Dec. 28

Dec. 15

106%

"12% Sale"

346,000
j
1997ij
2,834,000 Remington Rand MVD **74, S w W..1956 M S
deb 4%s W W--1VOO
Rensspilawr *
Rensselaer 8c Saratoga 1st
gu 6s. 194) VI N
(^Republic Steel Cprp 4%s ser A. 1950 A O
539",666 1
Gen mtge
2,756,000
4%s series B—.....1961 F A
Purch mondy 1st
2,368,000
5H* conv
.-1954 lM N
Gen mtge" 4%s
1,844,000
series C.-1956 M N
1,264,000 Revere Copper at Brass 1st 4%s._1956 IJ
J
♦Rheinelbe Union • f g
304,000
J
7a.——1946 J
156,000 ♦Rhine-Ruhr Wat Serv 6a."
f
J

14,000
21,000
590,00(
1,107,000
46,000
488,000

5 106%

110%
110%
110%

1942 J

763,000 Read Co Jersey Cen coll g 4s

"

93

20

22 100% Dec. 19
28 100
Dec. 19
16
99% Dec. 31
7
94
Dec. 28

103%

50% Sale
103% 104%
45
51%

6s..l942|J

^♦Providence Securities deb 4s
gul957 M N
improvidence Terminal 1st 4s
1956 M °
994,000 Purity Bakeries Corp s f g 5s
I94fcy
Radio Keith
Orph pt pd ctfs

2,944.000

94

Dec.
Dec.
Dec.
Dec.

Dec.

1977

-

com

92

Dec.

105%

98%

t"Postal Teleg 8c Cable
coll 5s
.1953 3
Potomac Elec Power 1st M
3%s_.1966 J
Pressed Steel Car deb 5s

♦♦Debenture

95

Dec. 20 101

108 %

14,000

1,264,000

93%

104% Sale
106% 111

100%

.......1974

stamped

for deb 6s &

101
99% 102
101
100%
99
99
99
100%
100%
99
101
98% Sale
98%
96
Sale
99% Sale
95%
89% Sale
89
91%
94
106%
106% 107% 106%

108%

10%

A

J

Portland General
Electric
4%a..l960|M
1st 58 1935
extended to 1950
J
Porto Rlcan Am
6s

Sale

S

55,000
F A
47,000
M N
1,044,000
J D
837,000
A O
General 4 Hs series C
1,063,000
J
1977 J
20,000 Pitts Va at Char 1st guar 4a
1943 MN
90,000 Pitts at West Va 1st 4Hs ser A -.1958
D
1st mtge 4Hs
110,000
series B
1959
1st mtge 4Hs
455,OOu
series C...
1960
36,000 Pitts Y at Ash 1st gen 4s ser A..1948
1st gen 5s series B
7,000
1962

4,474,000
220,000
288,000
11,000
13,995,000
788,000
170,000
115,000

Sale

80 %

F

1974

120%

105

1952 J D
1943 M.N

3Hs deb

116%

"5%

1956 J
1980 M

Phila Bait at Wash 1st
g «s
General 5s Series B
Gen g 4Ha series
C

Sale

113
95

O

1990 A

Peoria at Pekln Un 1st
5Hs A...1974 F
Pere Marquette 1st
5s series A—1956 J
1st 4s Series B
1st g 4 Ha series C

114

87 %

1984 J

99% 102

96

106

A

1981

103% 104%
1003* Sale
109% 110%

111%
90%
101%
100%

1968 J
...1970 A

Gen mtge 4Hs series E
Conx deb 3%a

Sale

120

—1970 A

General 4Hs Series A
General 5a Series B
Debenture gold 4%a
General 4%a series D

Peoria at East 1st

O

..1948 M N
...1948 W N

Stamped dollar bonds
Gen mtge 3%a series C
Consol 4Ha Issue of 1915

Sale

.....

J

A

1943 M N

Consol gold 4a

895.000

4,721,000
514,000
166,000
262,000
585.000
3,918,000
2,427,000
2,081,000
2,419,000
5,042,000
3,200,000
8,000
211,000

100

S

M
J

1981

102% 103

A

1977 A

at Lt 1st M 4Hs
150,000 Penn RR conaol gold 4s

103
104

M N

......1981 J

9,947,000 Penn Pow

102% 103%

L>

J

.■

Penn Ohio at Detroit RR—
1st 8c ref gold

A

Feb.

4

47% Dec. 28
44% Feb. 18

20%
122

Jan.

6

Oct.

13

110% Dec. 27

Nov. 17 110

Dec.

May 27
Jan. 25

Nov. 16

16

16% Aug. 22
35

Dec. 23
Dec. 27

10% Feb. 10

Dec. 28

12% Feb. 24

15

Feb. 23

106

100% Mar. 18 106% Aug. 4
Nov. 25
99% Mar. 31 106

106%

103

Apr.

18 109

Jan.

19

-----

v

57% Dec. 28

57% Dec. 28

Sales for

12

N.

Jan. 3

7. STOCK EXCHANGE

Ask Bid

Bid

Ask

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

31

Dec.

Dec. 1

1938
Bid

Ask

St Louia Iron Mtn Ac South—

1.510.000

1933 UN

•♦River At Gulf DIt lit a 4a

63 h
60
17

♦♦1st terminal Ac unif 5s

mi

65

52

71%
35
20%
20

29%
20%

1952
1990

14

15%

14

61

35%

27% Sale
20% Sale
12% Sale

23

9%
8%

15

63%
36%
Sale
Sale

13% Dec. 31

7

14

Dec. 30

13% Dec. 30

Mar. 31

6

60

1

36

Dec.

8
5

23% Dec.
15
Dec.
86
Dec.
5% Dec.
8% Dec.

8%

14

6

Dec. 27

5% Dec. 24
6% Dec. 10

Sale

fit Paul Minn & Manitoba—

137,000

98
116

102

tPacific Ext sterling guar 4s
1940
509.000 fit Paul Union Depot 1st 5s guar. 1972

101

711.000

82 %
109 H 110
109

4s.1943
461,000 f Sun Antonio Public Serv 1st 6s .1952
447,000 San Diego Cons g At £1 4a
1965
122,000 Santa Fe Presc At Phenlx 1st 5s..1942
25,000 {♦iSchulco Co guar 6^s
1946
224,000
♦Stamped
29,000
♦Guar sinking fund 6%a b
1946
140,000
♦Stamped.....................

u8k 119

San Ant At Aran Pass 1st guar

mn
m s

15
16

20
20
mn

87,000 Sclo Vail At n e lat guar g 4s
1989
a o
141.000 ♦{♦Seaboard Air Line 1st g 4s
1950
♦♦Stamped 4s
.............1950 a o
274.000
♦Adjustment 5a—
...Oct 1949 f a

115
14

1959

♦♦Refunding g 4a
♦Certificates of deposit—
♦lat At

cons

1945

6s series a

29

28%

32%

a2V/a
Sale
34

30

116

6%
6

116
18

Sale

9%
8%

28%

Sale
Sale
Sale
18%

7%
22

4H

♦Certificates of deposit

16

15H
15%
4>

16

14

Sale
8%

16

Sale

4:%

4%

Sale

21

5

166,000
♦Certificates of deposit
4.475,000 Shell Union Oil deb 3%s
503,000 Shlnyetsu el Pow 1st 6%a
♦♦Siemens Ac Halske
♦Debenture

a

sec s

f 6h«-

4%

1951 M
1952 j
f g 7s._1935 j
......1951 m

64,000 ♦Silesia Elec Corp 6%s
1946
394,000 Sileslan Am Corp coll tr g 7s
1941
1.751.000 Simmons Co conv deb 4s........1952

F

S

98 H
64

D
j

98%
60%

8

77 %
75 H

97
106 H

1,304,000 Southern Kraft Corp 4%a_„_.__1946

82
23

79

82

98

Sale

103%
106 %

118

South Ac Nor Ala gu 5s..........1963

1962
542.000 Southern Calif Gas4Hs
....1961
906,000
1st mtge Ac ret 4s
....1965
668,000 Southern Colorado Power 1st g 6s *47

Sale
80
97 H
Sale

75%
21

61%

a

2,052,000 Skelly Oil debenture 4s
...1951
2.777,000 Socony-Vacuum Oil deb 3%s..__1950

1,300,000 Southern Bell Tel At Tel 3%s

67

a

o

110

107

Sale
Sale

m

s

F

a

101% 102%
107 H Sale
107 H 107%

j

j

100

Sale

j

d

92

Sale

O

97%

d

66 %

"8
_

5

Dec.

6

2% Dec
6% Dec
5% Dec
8% Dec
7% Dec
16% Dec

Sale

4%
6
4%
104% Sale
104% Sale
62 % Sale
59% Sale

5%
Sale

15

5

5

27

5

3% Dec. 22

June

June

16

31
27

Dec.

86

1
Apr.
Dec. 27
5% Dec. 24
6
Sept. 28

9

27
31

Dec.

12

Dec.

15

Dec.

6

Dec.

9

12

Dec.

8

24

Dec.

5

Dec.
Dec.
Dec.
Dec.

24

109% Apr.
11% July

23

9
4

Dec. 27

4

-----

1
2

Apr.
May

96
48

5

11% Nov. 12
10% Nov. 12
Jan.
3

22

3

June

5% Jan.

2% Mar. 26

10

*5

Nov. 10
105
Oct. 20
70% Mar. 16
3

Apr.
Apr.
Aug.

86% Nov. 12
Apr. 27

5
61% Jan.
20% Feb. 20

24

Jan.

31

90

79% Jan.
90% Apr.

79
74% Dec. 15 77% Dec.
21%
23
21% Dec. 22 22% Dec.
79
Dec. 12
75
79% Dec.
79%
Dec.
98
Sale
96% Dec. 171 98
103% 103% 103% Dec. 12 103% Dec.
9 106% Dec.
Dec.
106% Sale 106
111%

107%
106%
106% 106% 106%
106% 108
109% 109% 109%
110% 111
Sale
100
100% 101% 100
90%
91% 90%
91% Sale

Mar. 26

5% June 18
5% May 27

* Dec. 31

Dec.

Nov. 10
Mar. 14
18% Nov. 14
4% Jan.
4
8% Jan. 11
8
Jan. 11

2% Mar. 28

13

6

Jan.

Mar. 14

32

9 117
30 20

17

13

25

23
30

May 25
May 16
May 10

15

1 108

17
27
25
25
21
5
25

97
Oct. 31 102% Jan. 25
4
109% Apr. 12 118% Jan.
4
45
Mar. 30 81% Jan.
2
6 113*32 June
109% Jan.
4 111% Aug. 11
Feb.
108
4
1 112% Jan.
104
Apr.
Jan. 31
14% Nov. 29 20

7

Dec. 30
Dec.
1

75

Sale

67% Jan.
38
July
27% July
18% July
98
Jan.
9% Jan.
11
July

17

13

4% Dec. 15
3
9 104% Dec.
103% Dec.
3
58% Dec. 30 64% Dec.
4

2

20

11% Dec. 31
10% Dec. 14
18% Dec. 30

2

May

14

Dec.

7

19

13% Dec. 30

38

Dec. 29

18%
18%
3%
8%

14

Mar. 30

7

Dec. 30
Dec. 30

32

Dec.

15

17% Sale
3%
3%
8 % Sale
6%
8
10 % Sale
10
Sale
17
19%

4

2

28% Dec.

32

1935

Series b

30,000

16

6
8%

♦Certificates of deposit.....

312", 666

16

7H Sale

m's

{♦♦Atlan-BIrm DIt latg4s.Mayl933 MB
{Seaboard-All fla lat 6s a
1935

2,569,000

28

20 h
25

3

4

o

A

110% Sale
108 % 109

99
7
100
97% Dec.
115% 114% Dec. 27 116
56
Dec. 12 61%
65
61%
7 110 ® J2
109 1532ll25«2 110% Dec.
2 111
110% 111% 110% Dec.
3 110
108
110
108% Dec.
6
16%
17%
27%
16% Dec.
1
18
16
Dec.
18
22%
30
29
30
29
Dec. 21

98
115

Sale
Sale
Sale

14

2,193.000

2,118,000
234,000
8,453,000
1,998,000
251,000

*18**
60

110'aa Sale

112% 113%

j

j

58

100

Dec. 30

5

Mar.

Jan. 10
13% Dec. 30
15% Jan. 12
13% Dec. 31
14
Jan. 10

Mar. 30

8

86

7%

7

13% Dec. 30

1

19

"t7% ""8%

7

25
Sale

5

Dec.

9% Dec.
8% Dec.-

90

100

15

69

14

11% Dec.

Sale

13% Sale

56

Dec. 30

7

9

5
5

15

62

49% Dec.
27% Dec.

Sale

Jan.
Jan.

64

8% Mar. 26
7
Sept. 28
8% Mar. 30

Dec. 27

9% Dec.
8% Dec.
9% Dec.

13% Sale

% Sale
10 % Sale
9% Sale

Sale

49% Dec. 23

Sale

13% Sale

Sale

9

10% Sale

15,000 it Paul At Duluth 1st consoi 4s.. 1948
18,000 {♦lit Paul b Grand Trunk 4%s .1947
759,000 {♦St Paul & k c Short l guar 4%sl941

16% Sale
Sale
14

16% Dec. 30
60
Dec.
3

62

18% Jan.

42% May
5
46% May 12
12
Mar. 29
49% Dec. 23

63% Dec. 30

1

Dec.

13

55

10% Sale
9% Sale
11

io2*

64

Sale
Sale

13%
58%

13% Sale
12% Sale

731,000 {♦St Louis Southwest 1st 1 4s
1989 mn
j
279,000
♦2d Hold 4s income bond ..No? 1989 j
♦Gen Ac ret 5s series a

73

57% Dec. 10
59% Dec. 17

64%

62%

61
60%

60

67
80
Sale

65

♦Certificates of deposit.....
48,000
260,000 {♦St l Peo At n w lat 5a
1948 j"i
J
110,000 St l Rky m At Pac 5a stmpd
1955 j
{♦St Louia-San Francisco ry—
j
4,262.000
♦Prior lien 4s series a.
.....1950 j
♦Certificates of deposit......
3,006.000
♦Prior lien 5s series b.........1950 j"i
1,930,000
917.000
♦Certificates of deposit.......
♦Con m 4 ha series a
5,704,000
1978 m S
3.824,000
♦Certificates of deposit stamped

1,356,000
1,292,000

YEAR 1938

RANOE FOR

PRICES IN DECEMBER

Price

BONDS

Months
1938

39

EXCHANGE—BONDS

N. Y. STOCK

Jan., 1939]

4

64

Oct.

29

99% Nov. 1
Oct. 29

1 104%

Jan.
103% Sept 27 108
Apr. 18 120% Jan.

18

110

Dec. 24
Dec.
5

Dec.
Dec. 23 107
Dec. 23 110% Dec. 23
Dec. 15 101% Dec.
9
Dec. 10
Dec. 23 92

83

Jan.
4 108
Apr.
1 108%
Apr. 14 110%
Apr. 16 102
94%
June 16

91

Mar.

101%
105%
106%
87%

4

Dec. 24
Jan. 18

Dec. 23
5
Aug. 11
Nov.

Southern Natural Gas—

m n

61

Sale

51

Sale

55

Sale

m n

61
83 H

Sale

50%

Sale

Sale

Sale
Sale
Sale

82

68

87%
Sale

54%
62%
84%
71%

Sale

5
Dec. 23 101% Dec.
Dec. 31
56
6
Dec.
9
59% Dec. 30
Dec.
8
54% Dec. 30
Dec.
Dec. 31
55
5
Dec.
5
48
Dec.
54% Dec. 30
Dec. 30
21
63
57% Dec.
Dec.
3
84% Dec. 29 86
64% Dec. 12 71% Dec. 30

83

Sale

80

Sale

83%

Sale

79

Dec.

5

60

Sale

53% Dec.

5

73%
75%

Sale

5
66% Dec.
2
69% Dec.
65% Dec. 20
58% Dec. 22

A

1,054,000
2,767,000
4,981,000
5,581,000
10,006,000
10,340,000
4,067,000
1,086,000
6,821,000

1st mtfje pipe line 4%s
..1951
Sou Pac Co 4s Cent Pac coll Aug. '49 j

j

j

6,270.660

j

j

12,989,000
4,604,000
5,689,000
28,000
192.000

840,000

a..1977
1968
Gold 4%a
May 1 1969
Gold 4%a
1981
10-year secured 3%s.—...... 1946

1st 4h* (Oregon
Gold 4h*

Lines)

m

San Francisco Term 1st

f

m

ser

f

j

j

4s....1950 a o

1955
4s stamped....
.........—1955
Southern Ry 1st cons 5s........1994
Derel Ac gen 4s series a
1956
Devel Ac gen 6s series a
1956
Derel At gen 6ha series a.....1956
Memphis DIt lat g 5s
1996
St Louia DIt 1st g 4s
....1951
Southw Bell Tel 3 hs series b....1964
South Pac rr 1st ref guar 4s

113,000

Tenn Coal Iron At rr gen
Tenn

2,403,000
241,000
229,000
2,690,000

cot

5s.v.._1951

1,771.000
4,355,000

o

47 H

Sale

o

63

Sale

55% Sale
68% Sale

a

o

64 H

Sale

71

Sale

63

78

j

j

j

j

j

D

J

J

80
60

.

64

65

65%
65%
110% 111%
Sale
104%
Sale
107%
13%
16%
Sale
104%
Sale
105%

Sale

84%

Sale

78
Sale

105% 106H

58%
109%
102%
107%
15%
105%
104%
102%
103%
81%
106%

120H 122

121

125

102% Sale
93% Sale
103%
113% 114
102% Sale

102% Sale
96% Sale

108%
103

Sale

13%
16
101% 103
100% Sale

166% iiiii
58%

63

Sale

103

Sale

100%
48%
52%
48%
48%

110

Sale
102%
107% 106%
16
"3%
105% -j4%
Sale
104%
Sale
102%

Dec.

83% Dec.
60
Dec.
73% Dec.
75% Dec.
65% Dec.
65% Dec.

5 112

30

Sale

86
Sale
107% Sale

30

..1944 m

deb 6s series b

Tenn Elec Power 1st 6s series a..1947 j

8

D

81h
115
108

..1951
....1943

105%

2000

deb 3%s..

Texas Ac n o cons g 5s

115%

Texas fk Pacific 1st g 5a

Gen Ac ref 5s series c

1979

Gen ac ref 5s

1980

85

ser

1977

b

ser

dl.

Pac—Mo Pac Term 5%a a--1964 M S
J
Third Ays 1st ref 4a
1960 j
Tex

o

1937 J
1952 J

J

72%

j

100 x

Ays rr 1st gold 5s

Tidewater Assoc Oil deb 3ha

Tokyo Eloctrlc Light (Ltd)—
1st m 6s $ Series
June 15 1952 j
229.000 Toledo Ac Ohio Cent ref At Imp 3h< *60 j

5,272.000

D

D

tol w Va Ac Ohio 1st guar 4s c..1942 m s

1946 j D
1949 m 8

50, 000 Tor Ham Ac Buff 1st 4s
19, 000 Trenton Gas Ac e'ec lat 5a
288, 000 Tri-Cantin'l Corp con? deb 5s ser a'53
66, 000 ♦Tyrol Hydro-Elec Power 7ha---1955
♦Guar sec s 1 7s
1952
96, 000

Sale

84
Sale

60

J

J

90

63% Jan.
63% Jan.

90k

"85%

88

85
Sale
Sale

88
104
103 %

117%
107% 108

102%
113%
104%
80

"93%
40%
6%

87%
105%
57

86%

115% 116
85
84% 83%

Sale

85%
96%
Sale
Sale

90
Sale

Sale

89%

85

Sale

84% Sale
97

39%
7%
88%
106

54%
88 %

98
Sale

55%
Sale

60

Mar.

73% Dec. 24

Mar.

75% Nov. 10

20

31

Dec. 21
Dec. 28

Dec. 31
5 86
10 107% Dec. 16

102% Dec.

14 102% Dec. 14
9
96% Dec. 31

70

26

p

27

Sale

73

78

a

Dec.

85

115

81%
81%
81%
96%
38

2

102% Dec.

5 114
12 104%

2

Dec. 30

Dec. 31

105

Mar.

Jan.

Sept.

103

Dec. 28

Feb.

102

Apr. 29

98
95

6

Dec.
Dec.

9 125

42

53% Dec. 29
84% Dec. 20

58

Dec.

5

88% Dec. 31

6

Mar. 27

Oct.
7
98% Oct. 21
106% Jan. 14

70% Jan.
102% Dec.
109% May
99
May

114

Mar.

Apr.
June

71% June

104

June
24% Apr.
3% Mar.
90

71

45
9

Feb.

98

Feb.

11

108% Jan. 13
90
July 26
8
107% Aug.
81% Sept. 2
116% Jan. 12
88% Jan. 12
88% Jan, 11
87
July 25

Sept.

28

4

Dec.

103

June

28

13

Nov.

108

Feb.

95

Dec. 20
6
Dec.
6
Dec.
31
Dec.
Dec. 23
3
Dec.

Oct.

87% Oct. 21
May 31

46% Mar.
105% Apr.

Apr.

116%
Dec. 12 84%
Dec. 13 85%
Dec. 12 84%
9
98
Dec.

Dec. 28
Dec.
7

101

Apr.

2
89% Dec.
2 107% Dec. 30
2

14
Dec. 21

100

Dec. 28

Dec.

26

Oct.

112

107%
19%
105%
105%

9

Apr.

90

Jan.

25

Nov. 10

July

13

June 27

106% Dec. 27

40% Aug.
3 63% Mar. 10
Jan.
8
84% July 21 102
50

May

6

80

3 103%
117% Apr. 22 121%
103
Mar. 31 110
97
20
June 28
18
July
1 96
95

May

26

inn "27""

Oct.

67

64
July
35
Apr.
106% Apr.
99% Sept.
Jan.
101

119% Feb.

91

Nov. 12

Mar.

54%
57
62%
53% Dec. 27 53% Dec. 27
100%
97
Dec. 21
96%
97
Dec. 21
96%
99
121% 122% 123% 124%
7
Dec.
108
Dec. 19 110
108% 109
108% 111

M N

5

83% Dec. 30

45% June
26

7% Dec. 14
90
88% Dec. 19 88% Dec. 15
106% 104% Dec. 12 106% Dec. 27
Sale

5
15

Jan.

93

June

28

78% Dec.
106% Dec.

102% Dec.
I'll" 113% Dec.
Sale
102% Dec.

Sale

10

63

24

126%

85

13
11

Jan.

83% Jan.
104% Jan.

Mar.

30

5 105
Dec.
7
8 107% Dec.
Dec.
Dec. 24 16% Dec. 17
1
Dec. 27 105% Dec.
6
Dec. 14 105% Dec.
Dec. 28
Dec. 12 103

106% Sale 107% 107% 106% Dec.
91%
91%

HI* 115%
88

101 % 102

1950 a o

21,000 tol St l Ac West 1st g 4a

117

98 % 104
Sale
29
6% Sale

Jan 1960 a

♦Adjustment Income 5a

Sale

105
87
86

Gen ret 5s

100

106% 106 %

Term rr Assn of St l 1st g 4%s-.193>.

Texas Corp

97

6
11
10

76

30% Mar.
43% June
77
Mar.
52

Nov.

69% Jan.

June

31% June

31

106
Sale

41

Jan.

102

35% June

Copper a Chem—
y

280,000 ♦♦Third

3,629,000

63

a

First cons g 5s......
1944
Gen ref s f gold 4s
1953
395,000 '1 exarkana Ac f s Ry 5%a a guar.1950

3.979,000
1,000
658,000
938,000
988,000
853,000
78,000

103%
92 %

a

j
j
1st Ac ref 3s series c__ _.r
1,273,000
1968
1960 MN
1,069.000 s'western Gas At Elec 4s ser d
j
506,000 {♦Spokune Internat lat g 5s.j..1955 j
373,000 Staley (a e) Mfg 1st mtge 4s
1946 f a
1961 j D
4,799,000 Standard Oil n j deb 3s
j
15-year 2%s debs
1953 j
3,040,000
114,000 Staten Isl Ry 1st gu g4H>.
1943 .1 D
.)
2,691,000 ♦Studebaker Corp conv deb 6s..1945 j
1950 M s
1,552,000 Swift Ac Co 1st m 3

237,000

100% 101% 100% Sale
Sale
56
51% Sale
59% Sale
55% Sale
51
Sale
54% Sale

Sale
Sale
75% Sale
61% Sale

Dec.

16

26

Dec.

16

26

Dec.

16

27

Dec.

1

76
108

Dec.
Dec.

7%
115%
108%
110%
104%

Dec.
Dec.
Dec.
Dec.
Dec.

76% Dec. 22
2
8 108% Dec.
2
10
Dec.
28
1
5 116% Dec.
19 109% Dec. 29
2 112% Dec. 27
Dec. 31

59% July
105
Jan.
7
July
115% Dec.
104% Mar.
107% Mar.
97
Mar.

114

Dec. 14 115% Dec. 24
Dec. 22
96% Dec. 27

109% Mar.
83% June

Jan.

20

Jan.
Nov.
Aug.
Feb.
Jan.

26
30
12
7
17

*

488, 000 Ujlgawa Elec Power secured 7a..1945
1962
1.401, 000 Union Electric (Mo) 3%s—
126. 000 ♦{♦Union EIcy Ry Chic 1st 5s....1945
547, 000 Union Oil Gal 30-yr 6s ser a May 1942
1.668 000

3,537 ,000
3,475 000
488 000

1,105 000
1,196 000

M

72

Sale

J
a

o

10^

"9%

f

a

117

118

j

J

106

107%

4a.1947 J

J

114%

Sale

8

107 %

Sale

June 2008 m 8

114%

1952

3%s debentures
Union Pac rr 1st At land gr g

First Ac refunding 4a

June 2008

1st lien At ri! 5s

1970
35-year 3%s debenture........1971

34-year 3 %s debenture

m

a

o

m n

a o
654 000 United Biscuit (Amer) deb 5s_.*.1950
1,783; 000 United Clgar-Whelan Stores 5s..1952 a o

93

Sale

94%
92%
106% Sale
70

Sale

75%

81

108%
108% 108% 108
10
8%
9%
115% 116%
116% Sale
110
109
108% Sale
110% 111% 112% Sale
Sale
107
105% Sale
116
113
115% 114
Sale
95%
96%
95%
96%
95%
95% Sale
108% 109%
108% Sale
Sale
82%
83%
81

94

6

9 107

9
96% Dec. 28
94% Dec.
1
107% Dec. 22 108% Dec.
Dec. 21
79% Dec. 12 86

82

103

June

Apr.
69% Jan.

87

110%
10%
119
113%
114%
107%

Nov. 10

Sept.

2

Nov.

June

Aug.
Jan.

Jan.

_

Jan. 14
96% Dec. 27
96% Dec. 28
108% Nov. 21

116

Dec.

21

For footnotes, see page 30.




\

N. X STOCK
g-o

BONDS
$
,480

Jan. 3

1953 m

-67
216

e

1944 m

631

,415

108%

194* j

U S Steel Corp 3%s debs

650

♦Sinking fund deb 414* aer A.. 1947
United Stockyards 4%s w w
1951

,723
,635
,923
,587

28

1951

♦4^1 series C

27%
27)4

"86""

Utah Light 8c Trac 1st 8c ref 8s.. 1944
1944
Utah Power 8c Light 1st 5a_

626

......

....

1959

Vanadium Corp (Am) con* 5s... 1941 a o
Vandalla consol * 4s A
1955 F A
Conaol 4s Series B
1957 mn
j
♦♦Vera Cruz & Pacific 1st 4Hi... 1934 j

11

7
231
5

34
Sale
Sale

30
29%
Sale

87% Sale
50 % Sale
50 % Sale

{♦Utilities Pow 8c Ltg deb g 5%i. 1947
♦♦Debenture 5s

Sale

D

♦United Steel Wk« 8 *%• ser A.. 1951

233
456
171

77

24%

8

Ask

109%

j

M

.....

8

j

1934
♦{♦United Rye St L 1st g 4a
U S Pipe 8c Fdy con* deb 3%a.—. 1946

Dec. 1

1938
Bid

United Drug Go (Del) 5*
U N J RR 8c Canal Co gen <l

83
109 %
110

Sale

Bid

71

Dec. 31

Sale

Sale

First

cons

8

1949 m

Valron Coal 8c Coke lot g 5s
Va 8c Southwest 1st guar 5s

9

3003 j

5s....

...

45

J

1958 A

O

59%

,356

Virginian Ry 1st 8c ref 3%a

8

105

,400
,031

{♦♦Wabash RR 1st gold 5a
1939 m n
♦Second gold 5s
.1939 F A
j
♦1st lien 50-year gold term 4s. 1954 J

50
103

65

43

4

50

♦Det 8c Ch B* 1st g 5s

24

ser A. 1966 M

♦Dee Moines Dly 1st g 4s
♦Omaha Dly 1st g 3 He
♦Tol 5c Chic Dlv 1st g 4s

1

9

,760
,631
,989
,371
,354
,419

194! j
1939 J

j

♦Ref 8c gen 5s series D

..

194,

6s debentures

Warner Bros Pictures

104% Dec.
105% Sale
49%
48%
48% Dec.
50
49%
48% Dec.
48% Dec.
48% 50
Sale
90
87% Dec.
92% Dec.
93% Sale
94% Sale
93% Dec.

Sale
Sale

Sale
96

Sale

97%
57%
57%

Sale

Sale
Sale

99% 100
104%

Certificates of deposit.
{♦Wan en Bros Co deb 6s

M

229"
132,
131,
156,
,789,
315,
514,
566,

1st 40-year guar 4s
Wash Wat Pow 1st ref 5a

67
67

Sale

57

Sale

Sale

98

Westchester Light gold 5s

1950
1967
1963 M

1st mtge 3%s series I
West Va Pulp & Paper 4%s

...1966 J

J

1952 J

West Maryland 1st g 4s
1953 A
First 8c ref 5%s series A
.1977 j
West NY & Penn Gen gold 4s... 194? A

,399,
,741,
,367,
357,
,221,
342,
59,
321,
,078,
70,
403,
,868,
640,
46,
,151,
165,
359,
70,

Western Union 4%s gold..
Gold 5s

ser

70

A... 1946 M

85

Dec.

67
67

Dec. 31
Dec. 31

Dec. 28 100% Dec.

19

Dec.

8

106

108

35
65
60

% Dec. 10
-----

108% 107
40%

Dec.

100

80

Dec. 21

80

Dec. 21

57

Dec.

60

Dec.

62

105% Sale

2 108% Dec. 30

15

105% Dec. 16 106% Dec. 29

44

Sale

49

Sale

42

Dec.

49

Dec.

Sale

29

Sale

23% Dec.

29

Dec. 31

35

25
20

"22%

17

27%
91%

38""

44

10%
10%

Sale

13% Sale

Sale

13

Sale

10

Sale

12%

Sale

9%
107%
66%

38

Sale

13

Sale

106

67%

63

50

Dec.

17% Dec. 28

21

22

Dec. 30

22

Dec. 30
Dec. 30

44

Dec.

44

Dec.

46

49%

"23%

31

31%

Sale

9%
9%
9%
9%

Dec.

22

19

28

19

5

13% Dec. 30
13% Dec. 31
12% Dec. 31

1

13

5

Dec.
Dec.
Dec.
Dec.

7

Dec. 31

1
Dec. 30 107% Dec.
107% 106
63% Dec. 30 66% Dec. 14

Sale

76

84

76

Dec. 30

78

Dec.

92%

Sale

90

Dec.

93

Dec. 27

...j-

Sale

W*
46

Sale

'4Q

87% Dec. 14
43% Dec. 28

80

70

35

o

Sale

121 %
Sale
121 %

108%

Sale

8

18%

♦Assented

47

89
Sale

48

35

12

1

50

-----

109%
102"" 102% 101%
123
123%
105
l06~" 105%
Sale
120
119%
109% Sale
110%
106% 107
106%
83

Sale

81

88

Sale

85%

89% Dec.
47% Dec.

1
2

Dec.

29

90

106"" 107% 106% 107

Sale
97 %

j

O

49
90

99%

107%
109%
105%
121%
102%
118%
107%

D

,855,
730,
677,
,006,
,573,

{♦Western Pacific 1st 5s

8

44

Sale
Sale

1

Sale

M

1939

Gen mtge 3%s
West Penn Power 5s serlea E

lb
Sale
104

S

A

57%
105%

2

Dec.
5
90
Dec. 31
1
96% Dec.
1
97% Dec.

56% Dec.

99

Dec.
Dec.

78

A

1945

65

Sale

Dec.

90%

S

1941 M' 8

Warren R R 1st ref gu g 3%s__ ..2000 F
Wash Cent Ry 1st g 4s
1948 Q
Wash Term let guar 3%s
1945 F

107 %
10

117

'Sale

74%

deb 6sl939 M

119

75

1955
cony

14

Dec. 31

116

Sale

16%

09%

67

Dec.

105%
49%
49%
49%

Sale

39

Sale

102%

8

119

118

40

Sale

12%

Dec
Dec.

104%
49%
49%

27

12%
12 %

72
26

26%

Sale

"13""

1986

Walker (Hiram) G 8c W deb 4%s.l945
Walworth Co 1st mtge 4a_.
1955

67% Dec.
23% Dec.

68%
108% 110
25
23%

94

25

Sale Prices

110
Sale

45

j

1941 A O
1941 m 8

{♦Wabash Ry ref 8c gen 5%s A.. 1975 M S
♦Ref 8c gen 5s (Feb *33 coup) B. 1976 f A
♦Ref 8c gen 4%s series C
1978

,958
314,
,237,

tl*

Sale

Highest

Sale Prices

108 %
25

...

,411

Lowest

Ask

Ask Bid

%
%

j
j
♦♦July 1914 coupon off..
Virginia Elec & Pow 3%s ser B_. 1968 M S

253
49

578,
26,

PRICES IN DECEMBER

Price

fe-2
"S fe

n. y. stock exchange

EXCHANGE-BONDS

6 107

106% Dec.

102%
-

106
120
Sale
107%
82%
Sale

105%
119%
109%
106%

105%
120%
110%
107%

Dec.
Dec.
Dec.
Dec.

83% Dec.

77% Dec.

21

83

20

Dec.

Dec.
5
Dec.
3
Dec. 30
Dec. 30
5

Dec.

1

J8

103% 104% 104% 111% 103
Dec. 16 404% Dec. 29
23
22H Sale
Dec. 15
23%
20% Dec.

Sale

l Dec.

Sale

23

Sale

20

Dec.

1950 M N

Sale

58

Sale

61

Sale

47

Dec.

61

1951 J

D

Sale

Sale

Sale

49

Dec.

1960 M

S

61%
60%

Sale

47% Dec.

•Westphalia Un El Pow 4s

1951 J

J

23

21

23

61% Dec. 31
61% Dec. 31
2
22% Dec.

West Shore let 4s guar

3361 j

J

Sale
75

55

Sale

48

53

Gold 5s

Sale

J
Registered
..2361 I
heeling & Lake Erie Ry 4s D..1966 M S
..

W

Wheel 8c L

Erie RR 1st

con

Wheeling Steel Corp 4%s

W

102%

P

A..1966 F

A

g 4s.. 1949

ser

107

Winston-Salem S B 1st 4a

1960 j

n

j

o
j

{♦Wisconsin Cent 1st gen g 4s..1949 j
j
♦Certificates of deposit...
♦♦Sup 8c Dul Dly 8c Tar let 4s. 1936 M N
♦Certificates of deposit
Wisconsin Public Service 4s
1961 J
{♦Worcester AConn
Ry 4%s!94? J

Sale

23

21

56

51% Dec.
47
Dec.

49

108

107

Dec.

D

~"9%

J

5

15

Dec. 31

55

Dec.

Dec.

1

50

Dec.

8

108% Dec. 30
95% Dec.
1

94
95% Sale
93%
92% Dec.
101% 101% 101% 101%
6
4%
7% Sale
4% Dec.
101% Sale
101% 102
100% Dec.
93
92%
94% Sale
92% Dec.
109
109%
9% Sale
11% Sale
8% Dec.
8% Sale
14
8
Dec.
9%
5%
6%
5
Dec.
5%
6%
20
5% Sale
4% Dec.
108
Sale
107%
107% Dec.

White Sewing Machine deb 6s...1940 MN

{♦♦Wllkea-Barre 8c East 1st Cu g 5s 1942 I
Wilson 3c Co 1st M 4s ser A
1955 J
Cony debenture 3%s
1947 A

Sale

61%
61%
21%
55%
45%
103%

7% Dec. 31
Dec. 28

102

94% Dec. 24
11% Dec 31
9% Dec. 16
6% Dec. 15
5% Dec. 16
108% Dec. 19

9%

Voungstown Sheet & Tube—

905,
,089,

•

Ne

♦

Boi

1f Th

impti

Convertible deb 4s

D(
El P

Flat

Gooc
Haci

Repi
San.

1961 m n

btlity impaired by maturity,
telling flat

lowing bonds have been called for
i their
entirety:

Crov

10
Deut

1948 M S

1st mtge s f 4s series C

illamette Pap. 6s 1951, Jan.

re-

1935,

NTat. Gas 4%s, 1951, Jan. 16 at 105.
7s 1946, Jan. 1, 1939, at 105
Tire & Rubber 5s 1957, Dec. 30 at 102
,ck Water 4s 1952, Apr.
26, 1939, at 105
Steel 4 %s 1950, Dec. 30 at 105
nio P. S. 6s 1952, Jan. 1, 1939, at
•




106%
103%

Sale
Sale

109%
104%

Sale
Sale

105% Dec.
103% Dec.

t The price represented is the qollar quotation
per 200 pound unit of bonds.
Accrued interest
payable at exchange rate of $4.8484.

109% Dec. 31
104% Dec. 27

r Cash sales,
only
month, and not inclu

x

1 1939 at

Bank—Amer. partic. ctfs. 6s,
!4, at 100.

90% Sale

110

t Companies reported as being in bankruptcy,
receivership, or being reorganized under Section 77
of the Bankruptcy Act, or securities assumed
by
such companies.
a

the

Deferred delivery sales, only transactions of
current month, and not included in year's

range.

Under the rule sales, only transactions of the
current month and not included in year's
range
n

Ex-interest.

The
following
during the current
e

i

in the monthly or ye
No sales.
z

The

following

c

transacted during th
included in the mont
No sales.

I

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF STOCK PRICES DURING DECEMBER
Stock Sales

Shares.

December
Jan. 1 to Dec. 31
In accordance with

rule of the Stock Exchange, effective Oct.

a

Jan. 1 to Dec. 31___

1938

1937

$217,609,000
1,859,865,000

December

28,422,380
409,464,570

27,492,069
297,466,722

1938

^

Bond Sales

1937

1938

$197,999,000
2,792,531,000

3,1915, all stocks are now quoted dollars per share. Prices are on a basis of 100-share

lots except in the case of stocks which sell only in a small way.

disregarded in the month's range, unless they are the only transactions of the month, and when selling
the month in which they occur.
No account is taken of such sales in computing the

NOTICE—Cash and deferred delivery sales are

outside of the regular monthly range are shown in a footnote in
for the year.

range

AGGREGATE
In

December

SALE3

12 Months
1938

40

2,700
25,900
I,500
4,100
35,700
6,100

36,700
20

53,400
27,600
7,800
8,200
4,300
40,100
4,900
18,600
1,500

21,700
53,900
2,400

64,800

5,500
5,300

Abbott

4%%

19,400

13Y&QQ
57.9001

19,400
80

.

100

3,000

59%

H

46

Addreaaograph Multigraph 10

....♦

49
1

Sale

63%

Sale

65% Sale

air Reduction Inc.

Alaska

11X Sale

138,800
1,037,000
23,200
994,700

Allied Mills Co
Allied Stores

""1% Sale"
13
11
11
13

_♦

Mfg

*

6% preferred......

...50
1

Corp.

P

Am Brakes

49%

American Chain 8c

24%

Sale

42%

48

Cable—*

14% Sale
95

Chicle—.......

150

92

5% preferred.........—100
American

173

167

*

100

Preferred

95

97%
30

xl22

"7%

153.800 Amer Crystal Sugar Co....10

11%
75%
4%

5,120
221,600
4,200

11,900
9,200
6,000
3,100
12.400
1,300
5,800
11,800
4%800
•

14,700
45,000
8,000
18,500
6,000
13,300
300

1,260
52,300
14,800
13,800
161,100
70

85,100
9,000
18,100
5,600
1,560
63,600
2,lo0
1,500

138,800
45,500
27,800
256,600
29,700

2d

8 300

25,300
200

215,700
1,600
9,600
400

*

6% preferred...

50

....

1
•

100

fr% preferred

Co..

..

American

68,100
7,700
92,600
29,900
25,800
595,800
92,300
250,000
23,250
235,800
1,162,900
8,200
110,900
148,300
693,200
8,000
4,663,200
28,500
107,700
3,840

Snuff

Amer Steel

Found ties......*

Stores

•

American Stove Co
Preferred

.

Amer Sumatra
Amer

Tobacco

Telep St Teleg

American

Class B

100

..

.

*

.10"

31% Sale
8%
8%
25

144

60%

25

lf8*

.

*>% preferred...

..100

Sale

109% Sale
18%
16%

Tobacco ......—25
..

Sale

175
Sale

Sale
Sale

Sale

139

17% Dec. 14
17

Dec. 12
Dec. 27

70
Sale

66

Dec. 23

22

Dec. 28

2

54

Sale

45%.Dec. 13

23%

Sale

20

112

125

117

122% 122% 118
15%
16%
7
8% "r7% Sale
Sale
10% Sale
9%
Sale
10% Sale
8%
67%
67% Sale
76%
Sale
4%
4% Sale
9
8
6%
6%
500
165% 500
Sale
2%
3% Sale
Sale
15%
19% Sale

i?M
13%
4%

Sale

14%

Sale

7
Sale

Sale

Sale
Sale
Sale
Sale

Sale

Sale

Sale
Sale
Sale

Sale
Sale

4*0*
35*

Sale

Sale

Sale
Sale

Sale

Sale

73

33

51% Sale
133% 134

$5 prior conv pref.......25
Anaconda Copper
50

85%

For footnotes see page 40.




Hocking Glass Corp*

$4.54 conv preferred-.....*

37%

7%

15%
101%

Sale

7%
30%
34%
51

Sale

xl8

Sale

110% 112% 113

38
Sale
58
Sale

33

Dec.

29

23% Dec. 30
Dec.

Dec.

8% Dec.
13
Dec.

6
1

7

1
11% Dec.
1
Dec.
3
4% Dec. 31
7
Dec. 19

76

1
3% Dec
19% Dec. 31
9% Dec. 31

9

Mar. 29

8% Mar. 30
67% Dec. 29

2% Mar. 25
4

Mar. 29

9

Aug. 24
Oct. 13
Nov. 9

Dec. 30
Nov. 9
Nov. 9
Dec.
6
Oct. 21
July 19
Nov. 14
15
Nov. 14
16% Jan. 12
83
Jan. 18
6% Jan. 25
7% Nov. 14
22

7

Jan.

Mar. 26

5%
5%
2%
0%

July
2
Feb. 25
July 20
July
2

May 26

5

177
Jan. 22
2% Mar. 30
13% Mar. 29

Nov. 12

Dec.

9

1%
15%
7%
30%
78%
15%
4%
40%
120%
26%
6%

Dec.

16

Dec. 21

Dec.

22

35%

iB*

44

June

10

Mar. 31

1

Dec. 30
Dec.

14

Dec.

9

Dec.

12

Dec.

30

15

Dec. 30
Dec.

29

Dec.

29

Dec. 28
Dec. 28
Dec. 22

85
147

Dec.

7

8% Dec.

2

Dec. 20
Dec. 28 152

7% Dec. 27
9
11% Dec.
77% Dec. 28

83

31

.

10

86%
6%
39%
7%

Dec.

15

33

5
z32% Dec.
52% Dec. 28
2
17% Dec.

36

Dec.

Nov. 23

30

30

Mar. 29

3% Mar. 29
19

Mar. 31

16% Mar. 31
9

Mar. 30

148% July

1
13% Mar. 30
Mar. 29
Dec. 21

7% Mar. 26
22% Apr.
1
28% Mar. 31
103
Mar. 2S
45% Apr.
7
130
Jan.17
15% Mar. I
6% Mar.!
12
June

IV4

31

Dec.
Dec.

21

Ill

1

17

Oct.

2

2

5
Dec.
Dec. 31
31
Dec.
Dec. 15

21

33

2

Dec. 31

33% Dec.
6% Dec.

Sale

1

14

Dec.

5

31

7% July 25
5% Jan. '12
5

12

40% Dec.
9% Dec.
16% Dec.
23% Dec.
103% Dec.
19% Dec.
150% Dec.
85% Dec.
88% Dec.

27
23
20
19
Dec. 31

Mar. 30

20

58

15

Nov. 14

99% Mar. 30

23

3

Dec.

17

2% Mar. 31

Dec. 31

16% Dec.

20% Dec. 15
33% Dec. 15
53

30% Mar. 26
1% Oct.
4
13% Nov. 26
4% Mar. 30
12% Mar. 29

Dec.

22% Dec. 15
73

5% Mar. 30

Dec. 31

Dec.

Dec. 21

145% Dec. 21
81% Dec. 14

Sale

Sale

6

Dec. 30

29

Nov.

9

16

150

35% Sale
57
53%
20% Sale

Dec.

July

31

19% Dec. 21

Sale

38

5
21

7

Nov.

31

82

91%
18%

Sale
147

Dec.
Dec.

63
46% Apr. 27
14%
6% Mar. 31
23% Mar. 31 52
114
Apr. 21 135
70% Jan.
3 105%
160% Mar. 30 176%
12% Mar. 30 34%
27
Mar. 31
57%
23%
9% Mar. 29
100% Jan. 24 117
88% Mar. 31 125
13% Sept. 15 20
9%
4% Mar. 29

Dec.

Sale

Sale

29

Dec. 31

Dec.

18%
150

16

Dec.

Mar. 30

12

Dec.
June
July
July

21

Sale

9%

54

Dec.

28

5%
2%
0%
8%
0%

90

Sale

10
19

Dec.

5

48

Sale

40%

Sale

28*

Anaconda Wire 8c Cable—
Anchor

36

32

10

Dec.

Dec.
2
129% Dec. 28 140
59
Dec. 28
61% Dec. 16
Dec. 31
xl43
Dec. 14 150

61

Sale

Sale

13

15

28% Oct.
23% July

22

20

9
19% Dec.
67% Dec. 21

Sale

29

July

Dec.

12

39

28%

78

Dec.

19% Dec. 28
30% Dec. 13

77%
6%

....100

May 27

Nov. 17

Sale

86

Lead 8c Smelt—1

55

6

Sale

88

Preferred

1
71% Dec.
23% Dec. 14

5% Nov. 15

158

Sale

32

Oct. 17
Jan.

Mar. 29

9
32% Dec.
15% Dec. 10

Sale

162
Sale

14%
rl9%

Oct. 16

24

12

5

22%

3%

Mar. 30

2
27

37

Am

Amer Zinc,

20

10

30% Dec.
45% Dec.

Sale

89

11% Apr.
1
1% Mar. 26

27

Dec.

17

Mar. 29

Sale

Sale

19% Dec. 30
1
2% Dec.

9

Sale

Sale

5%

34% Mar. 31

2

Sale

Sale

Sale

3

15

14

118% Dec. 13
23% Dec. 20

122
26

Sale
160

Mar. 31

38

Dec.
Dec.

Dec.

Dec. 27

25%

1%

r7%

Sale

8% Mar. 28
4% Mar. 26

5

Sale

Sale

3
14

10

15

Sale

7

Dec.

3

2
31% Dec.
7% Dec. 14

Sale

29

Dec.

17
26
14% July 25
13% Nov. 9 "
70% Oct. 28
55% Oct. 17

Oct.
Mar. 31 197
Mar. 31
12% Oct.

124

Dec.

31

37

40

6

Dec. 31

Dec.

Sale

Sale

29

Dec.

Dec.

Sale

Sale

31

Dec.

14

Dec.
9
Dec.
1
Dec.
Dec. 28
5
Dec.
9
Dec.
Dec. 13
Dec. 27

120

31

Dec. 31

7

7
12
12
12
14
12
26

15

15

Sale

Dec.

18
2

9

43%
1%
13%
6%
24%
67%
14%
3%

59

32%
8%
16%
23%
103%
19%
148%
83%
86%
149%

1

Dec. 31

19
22

30
12
11

14

15

7%
30%
78%
15%
4%

6
15
14

28

12

ilM

14

4

28

13
8

Sale

80

22

Dec.

Sale

•

21

28

8

*

21

31
9

32
Sale

13

preferred

Dec.
Dec.
Dec.
Dec.
Dec.

10

Sale

$6 1st

Dec. 27

Dec.

Sale

162

Dec.

6 117
Dec.
Dec. 28 xl22

4

Sale

American Woolen

3

Sale

31

17

Dec.
Dec.
7% Dec.
12% Dec.
12% Dec.

Sale

American

Type Founders...*
Wat Wks 8c El
•

Dec.

45%

Sale

7

Sale

Sale

14%

1

Dec.

15% Dec. 21
3
Sale
60
60%
56% Dec.
8
7
Dec. 24
7% Sale
5
51%
44% Dec.
51% Sale
5 130
131
132
130
Dec.
8 101
93% Dec.
100% Sale
174% 176% 171% Dec. 23 175
5
34%
27% Dec.
34% Sale

11X

61%
150
142% 146

*

American Sugar Refining.100

135

16%
19,%
31%
52%
138%
60%

4% preferred...........100

American

23

72%

25

...

Sale

Sale

c

Sale

Dec.

Dec.

19

23% Dec.
5 27%
9% Dec. 19
10%
Sale
xl80% Dec
8 193
12%
10%
10% Dec. 21
Sale
13%
11% Dec. 27
Sale
10
Dec. 28
11%
62
60% Dec. 28 64%
Sale
44% Dec.
5

2%
69

Sale

Dec. 20

20

Sale

21%

-

20,600

rl9%

5%
39%
34%

......

11

21

26

24,860 American Ship Building....*
1,321,000 Amer Smelt 8c Refining,
Preferred
lti
24,500

12%

Sale

Sale

16%

10

Sale

Sale

158

193

Sale

38% Sale
120% 122

.

Sale

61%
47%

4%

...100

American Seating

Sale

Sale

6%

829,300 American Rolling Mill.-...25
4%% conv preferred
100
70,300
...18.50
82,800 Amer Safety Razor
110,400

10%
Sale

26

...

1,150

Sale

69%
15%

—

Preferred

27%
9%

14

Hide 8c Leather ..1

American

Sale

8

10

Am Hawaiian Steamship

14

13%
13%
4%
30%
43%
1%

—*

157,800 Amer internet Corp
*
431,600 Amer Locomotive
Preferred
100
48,200
*
198,100 Am Mach 8c Foundry
93,100 Amer Machine 8c Morals..
*
285,200 American Metal
5,300
6% Conv preferred
100
American News Co new
17,280
*
1,142,300 Amer Power 8c Llgnt
$6 preferred....
185,200
$5 preferred
...
23j.,100
2,058,200 Am Radiator 8r Stand San..*

841.600

7.500

3%
17%

preferred A......—...*

50,400 Amer Home Products
64,100 American Ice

73,600
16,000
1,400

77,700
1,200

167

•

$6 preferred

26,600

6%

*
.100

$7 preferred............

103,300

1,730

2,200
45,700
II,000
25,800
3,400
13,900

European Securities

10 American Express Co
436,700 Am & Foreign Power

110

19,600
4,800

...100

1st preferred

6%

12%

Amer Encaustic Tiling.....1
Am

Sale

48%
x20% Sale
114% 125

10
.......20

American Colortype

Am Com Alcohol

Sale

19

57

165

101*

Preferred
Amer Car 8c Foundry..

12%

66

130

11% Dec. 15
21% Dec. 13
28
Dec. 29
67% Dec. 15
1
Dec.
1

Sale

Sale

Sale

25

...

46

Sale

""1% Sale

Sale

46%

15
2

125

Sale

12%
11%

Sale
115% 123 y.
70% Sale

100

5%% cony preferred

Sale

Sale

64%
47%

18

Nov.
Feb. 4 61
19 123% Oct.
45
Oct.
30% Mar. 23
52
Jan.
28
June
3
12% July
6% Mar. 30
24
Oct.
14% Mar. 31
30
Aug.
16% Mar. 31
40
May
2 67% Nov.
1% July
% Mar. 30
67
Aug.
3 68% Oct.
13% Feb.
8% Mar. 31
Dec.
95
Apr. 16 125
1 % Jan.
% Mar. 31
6% June 17 17% Jan.
5
Mar. 30
17% Jan.
17% Jan.
5% June 17
7% June 18 21% Nov.
14% Sept. 26 29% Nov.
14% Aug.
4% Mar. 30

36%

5

Dec.
Dec.

10
9% Dec. 22
Dec.
7 125
% Dec. 23
1%
14%
10% Dec. 19
13
9% Dec. 20
13
9% Dec. 20

11%

Sale

"42%

»

American Can

11

71%
23%
17%

"II"" Sale'

It

b American Bosch

11%
16%
25%
10%
186%

18%
2%

Sale

Sale

9%

12

11

57

6% cum preferred.. ..... 50
Corp
*
Am Agrlc Chemical (Del)new*
Amerada

Bank Note

1%
13%

Dec.

26% Dec. , 5
61% Dec. 10
% Dec. 21

27%

125

12% Sale
2% Sale
18
21%

*
70,300 Alpha Portland Cement
81,200 Amalg'mLeatherCos.IncNewl

American

15

159% Sale
8%
9%
12 X Sale
6% Sale
47
49%
46% Sale

100

Allis Chalmers

15

15

~~7H "m

•

Inc

Corp

5% preferred

Sale

Sale

1

60
40

67

Sale^

10

123

5

Kid Co

15.800 Allied

Sale

1

68

10

U(n

Gold

Juneau

Sale

100

70 Albany & Susquehanna..100
407,600 Allegheny Corp..
*
Pref series A $30 warr'ts .100
353,800
Pref series A $40 warr'ts 100
59,600
Pref series A $30 ex-war .100
53,700
$2 50 prior con* oref
35,400
221,900 Alleghany Ludl'm Steel Corp*
1
65,700 Allen Industries Inc
*
182,500 Allied Chem 8c Dye

48,200

50.200

Sale

27

146,700

500

10*

Sale

23

Highest
Sale Prices

119% July

Sale

Sale

692,600

390

43

10 H

160 Am Coal Co of Alleg Co N J 25

11,800

48

x27 %

Sale

Lowest

Sale Prices

57% Dec. 28

42

Sale

76.800 Air-Way Elec Appll Corp
70 Ala & Vicksburg Ry Co

16,800
15,300

35

Sale

376,400

"3",800

45

19

.......

Highest
Sale Prices

35% Dec. 27
38% Dec. 28
10
Dec. 12
20
Dec. 19

58%
60%
57%
133% 118% 130

20

7,700

28,300
1,700
27.200
9,000
37,400

T

43 X
Sale

Ask

*

Adams

Adams Millis

126,700
23,300
240,000
8,440
199,900
132,500
4,180
236,300
18,600
281,000
49,200
460,200
2,200
26,0n0

850

Co............25
Express
•

Acme Steel

342U00

37%

Lowest
Sale Prices

31

Ask Bid

Bid
119

760 Abraham 8c Straus.....

300

11,100

37 X

*

preferred...100

conv

Dec.

Dec. 1
Ask

Bid

Par
Laboratories

35,800

10,700

4,400
20,800

Jan. 3

1938

400

4,100

YEAR 1938

Price

Shares

Shares

RANGE FOR

PRICES IN DECEMBER

STOCKS
N. Y. STOCK EXCHANGE

58

Dec.

:

Dec. :
Mar.;
Mar i

Mar.;

58% Mar.:
Apr.
3% Mar.

130
6

Mar.

68
Apr.
3% Mar.

23%

Mar.

4% Mar.

15

25

Mar.

15

21

May

57% Dec. 14
20% Dec. 14
13 113% Dec. 30

29

Mar.

10% Mar.
97
Apr.

9% Jan.

7% Oct.
7% Nov.
1% Nov.
9% Oct.
5% Jan.
4% Nov.
0% July
0% Jan.
3% Nov.
5 % J an.
8% Nov.
0

Dec.

18
17
10
10
13
12
12
20
12
9
11
9
2

1% Dec. 16
0

Dec. 31

0% Dec. 31
1% Jan. 18
9
Oct. 11
1
Jan. 11
7%
0%
0%
8%
1%

Mar.
Oct.
Dec.
Aug.
Oct.

14
27
31
6
25

>2

Dec.

7

9% Nov. 14
6% Nov. 10
U
Aug.
1
7% July 19
5
Nov.
9
9% Oct. 17
3
July 25
2% Oct. 17

i4% Oct. 31
!1% Aug.* 5
3% Oct. 19

32

N. Y. STOCK EXCHANGE—STOCKS

AGGREGATE

SALES

In
December

12 Months
1938

Shares

PRICES

STOCKS

Jan. 3

Shares

2,500
1,900
4,300

20,500
14,700
31,300
1,130
13,600
686,850
48,100
1,000
264,300
75,300
95,000

30

1,200
58,200
7,000

32",000
5,600
11,700
120
600
700

1,000
120

90

Dec. 1

1938
Par

Bid

Ask

Bid

Andes Copper Mining Co..20

11

12*

16

A P

W

Paper Co

■

Archer Daniels Mid

Armour (Del) 7%

24
95

Armour of Illinois...

$6 convertible preferred.

1,600

67,200
6,000

6,300
110

66F

Sale

43

Sale

46

92

50

74

55

Sale

Corp

5

6*
3* Sale
85
Sale

58

57*
35*

74

8om

93

Sale
72
Sale

13,000
3,130
149,000

20 *
104 *

Sale

I?7
feale

,

6*
Sale
Sale

7% Sale
41 *
40*
42* Sale

tAuburn Automobile

8

43*
65

90

Dec.

Sale

59

Sale

24* Dec.
5* Dec.

6*
12
Sale

111
Sale

43*
66*

Sale

3

3*

.....

Sale

Sale

18
Sale

28 K

Sale

Sale

7*

Sale

Sale

4

144,700

Baldwin Locomotive Works
V t c when Issued......13
1,139,400

Sale

13

Sale

17

Sale

94,600
32,600
5,100

1,240,700 Baltimore 8c Ohio
100
309,300
4% preferred
.....100
15,000 Bangor 8c Aroostook..
50

Sale

7*
8*
29*

Sale

8

Sale

1,400
5% conv preferred......100
296,400 Barber Asphalt Corp..
10
60,000 Barker Bros
5,680
5*% preferred...
50

90
Sale

19

Sale

370

15,100
3,700
410

62,800
13,300

958,000 Barnsdall

7,800
300
10

9,400

8,700
6,400
36,300

9,100

177,500

88,200
94,300

666,400
973,000
21,000
50,100
66,300
91,500
495,300
128,800

800

6,700
4,900
4,700
41,000
16,900
2/,200
1.000

290

74,800
2.700

702,600
31,410

1,100

290

12,800
30,300

Boeing Airplane

Sale

Co

Bohn Alum Ac Brass

..5
•

Sale

15

Sale

39*

B

Bond Stores Inc
Borden Co. (The)
Borg-Warner Corp......
Boston 8c Maine.

Sale

Sale

Brewing Corp of America..3

Brlggs Ac Stratton

»

8* Sale
19* Sale
22*
26

Bristol-Myers Co

5

30

Bridgeport Brass Co

*

Brlggs Manufacturing.

..*

Brooklyn Ac OueensTransit.*
36 preferred
»
Bklyn-Manhattan Transit ._*
3* preferred series A
*
_•

Budd

*

»
10

...100

(E G) Mfg

♦

..100
*

Sale

5^f

7*
8* Sale
26

Sale

18* Sale
34

35

8* Sale
7* Sale
75

84

4* Sale
40

46

3* Sale

•

26* Sale

•

Sale

1
•

17

Sale

1

2

Sale

..100
.....10

•

9,900

,

/8.700
118,400
2,500
414,200
699,200
179,100
1,009,300

18

5

175.200 Byers Co

3

•

Partlc preferred
Byron Jackson Co

100
*

5% preferred

.50

Callahan Zinc-Lead

..1

Calumet At Hecla Cons Cop .5

Campbell W Ac C Foundry

•

Canada Dry Ging»Ale

5

847,800 Canadian Pacific
34,700 Cannon Mills.A.
17,530 Capital Admin Co Ltd
33 preferred class A
1,300
Car Clinch

F Ar Ohio

J5
*
c

A..1
10

5
Carriers Ac General Corp
1
Case (J 1) Co
....100

7% preferred
Caterpillar Tractor..

100
•

5% preferred

100

Celanese Corp of America.

7% prior preferred
114,200 Celotex Corp new
4,370
5% preferred

3*
8* Sale
30*
36*
15* Sale
Sale

47*
1*
6*
10*
13*
37*
7*

52
Sale
Sale
Sale
Sale
48
Sale

29

Sale

4*
36*

*

90
20
Sale

80

Sale

98* Sale
47
14

*

56

7,930 Central 111 Lt 4*% pref..100
100
25,800 Central RR of N J
32,9a0 Central Violeta Sugar Co..19
8,500 Century Ribbon Mills...
»

For footnotes

see page




40.

Sale

92

28

Preferred....

Sale

99* 100*

100

l©it

450

45

4

71,200 Central Agulrre Associates.*
376,000 Central Foundry Co
1

10

5*

"14*

Ry__100

Carpenter Steel Co

6,400

19

19

Calif Packl ng Corp.

430 Canada Southerf Ry Co.. 100

1,720
35,600
61,000
200,200
10,060
309,800
4,300
832,600

Sale

12* Sale
7* Sale

30

650

300

19*

Co_.i7

5,200
3,000
-

17 j

5

..100

.

Bower Roller Bearing
0

89

1

Bon Ami class A

Class

23*

Corp...5

15*
7*

80

40,800
1,400
86,800

s'ale*
IF

32,200
5% conv preferred
181,300 Butte Copper Ac Zinc

11,400

29,300

24*

66,000 Bush Terminal Co
IBush Term Bldgs—
Pref ctfs of deposit
8,040
138,600 Butler Brothers

2,240
19,300
6,700

280

Sale

Sale

180,100 Burlington Mills Corp..
395,000 Burroughs Add Mach

13,800

\ 7,400

Sale

Ulaw-Knox

91,300 Bullard Co

39.900

,10,100

Sale

Blumenthal Ac Co pref....100

Preferred 7%....
249,9F) Budd Wheel
244,000 Bulova Watch

17,800
5,700
11,300
8,900

290

Bendlx Aviation Corp

7,400 Brown Shoe. Inc
99,500 Brunswick-Balke-Coll
293,000 Bucyrus-Erle Co
3,150
7% preferred.

26,400

4,900

86*

194,000 Brooklyn Union Gas

12,100

290

Sale

740 BloomlngdaleBros..

1,140
1,678,000
91,000
7,162
12,380
27,200
455,400
671,450
43,500
47,500

162,000
12,700
1,630
1,240
6,300
81,200
51,800
11,500
3,600

125,100
2,500
3,000

97

20
...

Sale

364,800

80

9,100

42

Sale

80

71,000

Sale

*
50

108,100 Beneficial Indus Loan Corp.*
96,000 Best Ac Co
3,253,225 Bethlehem Steel Corp (Del).*
79,400
5% preferred............20
59,200
7% preferred
100
55,600 Blgelow-Sanford Carpet Inc *
74,000 Black Ac Decker Mfg Co
*

6,500

700

15*

25

5

1.530,400

206,025

20,600
25,900

10*1
112

800 Belg Nat Rys part pref

14,500
6,900

7,900

28
Sale

»

1.1,400 Beech-Nut Packing
60,700 Beldlng- Hemingway...

309", 500

24,100

Sale

100

370 Beech Creek RR Co

1,000
12,700

35

5

118,900 Bayuk Cigars Inc.....
1st preferred
1,400
38,800 Beatrice Creamery...
2,900
35 preferred w w

290

10,000
3,390

OH Co

Sale

..100

62
Sale

3* Sale
102*
9*
13
6
6*
4*
6*
95

Sale

IF
17*
19*
113

17*
95*
29*
115

Sale

30*
91*
Sale

33*
Sale
Sale
114

Sale

99
Sale

120

7* Sale
73
72*
22* Sale
20* Sale
51* Sale
72* Sale
*17* Sale
112

24*
22*
16*

9*
29*
85

29*
18*
19*
112

120""

Sale
75
Sale

29*
19*
55*

I?B

Sale
Sale

17
19

Sale

12*
Sale

26*

26*

Sale

6*

6*
15*
31*
37*

Sale
Sale
Sale
39

Sale

33

Sale

34*

22*

Sale

14

Sale

18*
2*

Sale

12*
7*
20*
3*
11*
35*
17*
20*

Sale

51

Sale

Sale

7*
22
Sale

12*
40
18
Sale

1 *

Sale

x8H
16*
17*
46*

Sale

6

Sale
Sale
49
Sale

33*
7*

Sale

45

Sale

81*
19*
3*
88*
115

46*
104

22*
92

83
Sale
Sale
Sale

117
Sale

Sale
Sale
95

14* Sale
70
62*
21* Sale
4* Sale
111* 112

?if
9f

Sale

52* Sale
12*
13*

Sale

100
6* Sale
46* Sale

4*

107

2*

96

4

x52

15

48

Dec.

19

27

Mar. 30

23

72

Mar. 29

72

Jan.

8
30
31

31
15

Dec.

2

Dec. 30
Dec. 15

May 12
28

22

22* Mar. 31
40
May 27
14

4*
6*
17*
101*
5*

Mar. 31

Mar. 25

13
9

9

Dec. 21

95

Nov. 29

95

Nov. 29

44* Nov. 10
72
30

83

26
31

14

Mar. 29

68

Mar.
Mar.
Apr.
Mar.
38* Mar.

Nov.

77* Dec. 13
12* Nov. 12
75
Aug.
9
73* Sept. 8
39* Nov. 9

Jan.

14

Dec. 31

July

7

Jan. 10

Jan. 20
27!
12 109* Aug. 11
30
9* Jan. 10
26 48* Aug.
8

61

Dec.

Dec.

12

36

125

Dec.

Dec.

7

105

Dec.
Dec.

Dec.

9

4

Apr.

3 126* Dec.
7
8
Nov. 14
1

2

June

2

3* Dec.

Dec.

2

Mar. 25

Dec.

Dec.

3
28

Dec.

6* Dec.

Dec. 31

Sale

21*
19*
51*
69*
16*
107*

20* Dec.
15

Dec. 21
Dec. 16

103

Dec.

50

Dec.

1

12

Dec.

3

24

Dec.

13

5* Dec.
12* Dec.

8

28

Dec.

35

Sale

9

20

20*

3* Sale
12* Sale
36*
36*
17* Sale
16* Sale
49* Sale
1 * Sale
8* Sale
17* Sale
18* Sale
46
42*
6* Sale
?"32
8

Sale

Sale

1

Dec. 20

23*
90

18*
68

109

Sale
95

Sale
70

5

July 21
Juiy 19
Oct. 24
Oct. 20

Nov. 14

July
Jan.

19* Dec.
102
9

Oct.

9

19
31
9

19

30* Mar. 12
117

Dec. 20

28
28
28
20
22

Dec.

Dec. 13

28
9

Dec. 22
9
Dec.

43

Dec.

Dec.

9

31*
21*
13*
17*
1*

Dec. 27
2
Dec.
Dec. 22
8
Dec.
Dec. 19

8*
6*
18*
3*

Dec.
Dec.
Dec.
Dec.

11

Dec.

9

33

Dec.

15*
15*
48*
1*
7*
15*
17*

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

104

„Dec.

11

56

Dec.

1

Dec.

8

35* Dec. 29
16

Dec. 31
Dec. 30
Dec. 15
Dec.

1

Dec.

15

Dec.

7

Dec. 31

75K

i!S
IF
18*
33*
13*
11*
97

28
14

Dec.

Dec.

1

Dec.

14

Dec.
7
Dec. 31
Dec.
7
Dec. 31
Dec. 31

5* Dec. 31
34* Dec. 15
Dec.

31

14* Dec.
18* Dec.
2* Dec.

7

29

1

1

12* Dec.

1

Sept.

July 25
35* Dec. 29
30* Oct. 11

15
May
16* Mar.

1F
4

Dec.

Mar. 26

IF

21% May 27
5* Mar. 26

757
2F

Mar. 31

Apr.

Mar. 26
Mar. 26

1

h

Mar. 26
Mar. 31

6* Mar. 29
14* Mar. 31
1* Mar. 28

6*
5*
16*
2*

Mar.

27

20* Dec.

1

15* Mar.

10

51

Dec.

1

45

1* Dec.

1

28

Dec.
Dec.

1

6

1

106* Dec. 27

6

1

5*
8*
12*
37*

May
Mar.

Mar.
Mar.

Mar

Mar.
Mar.

May
Mar.

5

Apr.
Mar.

21

May

3«
63*
12*
2*
62*
98*
29*
100*

Mar.

Mar.

Apr.
June
Mar.

Mar.

Jan

Mar.
Jan.
Mar.

2

24

Dec.

15

9

Dec.

28

95

Dec.

6

82

12* Dec.

2

J8*
70

Dec.

15

July
12* Dec.

Dec.

14

46

21* Dec.
90
67

Dec.

22

Mar.

99* Apr.'
6* Dec.

101

88

91

Dec.

28

91

Dec. 28

18

Mar. 31

Mar.

6* Dec. 31

3

Mar. 31
Mar. 29

Mar.

34
8
45

8* Aug. 24
16

Dec.

29

42* Nov. 10
2* Jan. 13

13

21

19

Feb.

1 * Mar. 25
3* Mar. 26
5* Mar. 30

20

22

12

Jan. 10
Oct. 25

28

18

21

19

IF

27

21

31
30

37* Aug. 26
40* Aug. 26

23

iF

Dect

28

Mar. 30
Mar. 30

4* Dec. 16
12* Dec. 30
36* Dec. 30

28

28

5* Mar. 31

22

Dec. 15
Dec. 30
19* Dec. 14
8
45* Dec.

4*

Mar.

2

5

Oct.

52* Dec.
14* Juiy
19* Jan.
36* Oct.

June

29

6

107

Apr.
Jan.

9

Dec.

2

IF

15* Mar.
82
40

20* Dec.

Dec.

Nov. 10
Nov. 12

May

28

9

ii!B

19

1

1

June
Mar.

13

Nov. 14

i8*
37

1

Dec.
Dec.

Dec.

29* Oct. 17
9
24* Nov.
19* Nov. 12

1

Dec.

30H Dec. 29

17* June
9* Mar.
10* Mar.
Apr.

6* Dec. 29

10

4

44

19

Jan.

78* Dec. 30

31
21

Dec. 29
16
5 x'32
Dec. 15
9
36* Dec. 19
10
Dec. 31
43

12*
9*
95*
5*

5*
30*
6*
40*
78*
17*
3*
85*

July

83

39* May

30

48

Dec.

9

Sept.

15* Mar.
26* Mar.

20

29

Mar.

13

29
Dec. 29
1
22* Dec.
Dec. 14

52*
13*
17*
33*
2*
26*

9tn

21*
1
18* Dec.
7
21* Dec.
5* Sale
9
3* Dec.
5* Dec. 31
109* 110
2
^108* Dec. 19 111* Dec.
Sale
9* Sale
Dec. 31
9
6* Dec. 13
Sale
5*
6*
5
Dec. 28
1
7* Dec.
5
5*
4*
9
4* Dec.
4* Dec. 28
92

7

Jan. 11

Nov.

115

109

IF

July

IF

Mar.

Apr.
11* Mar.
Apr.
Apr.
Apr.

Dec. 29

34

21* Mar.
10* Mar.
9

Dec.
Dec.

8* Mar.

21

86

?F

Mar.

12
6
5
Dec. 31

Jan.

29

44
40*
28
Dec.
1
80*
83*
21
82
Dec.
6
19* Sale
9
20* Dec. 19
3* Sale
19
8
3* Dec.
89* Sale
22
91* Dec. 30
116
117* 114
Dec. 28 117* Dec.
6
47* Sale
Dec. 16
43* Dec. 28 48

107

98

Dec.

12* Mar.

5

30

Dec.

7

25

10 107

9
15* Dec.
5
29* Dec.
1* Dec. 17

12

Sale
Sale

5

8* Dec.

21

Dec.
Dec.
Dec.
Dec.
Dec.

Sale

9

117

23

1*
8*
11*
37*
14*

2

7

Dec.

29* Dec.

Dec.

22

41

10*

Dec.

19* Dec.
99

2
Dec.
Dec.
BOH
Dec. 23
Dec.
2
Dec.
Dec.
55
5
Dec.
78* Dec.
5
Dec.
18* Dec.
Dec.
Dec. 12 113

Sale

7* Sale
51* Sale
5* Sale
33
33*
28* Sale
14* Sale
18* Sale

Dec. 31

7

82

Nov. 14

67

Sale
Sale

96

Dec.

114

Dec.

rl*
9*

95

Dec.

3
2

19

Dec.

43

Sale
17* Sale
30*
31*
13* Sale
11* Sale

Dec.

6*
5*
36*
8*

IF
36*

5* Mar.
24* Dec.

20* Dec. 28

29* Dec.

Dec.
Dec.

39*

Mar.

33

Dec.

7

Mar.

if

16* Dec.
17* Dec.
zll2*Dec.
16* Dec.

115

5
4

20* Dec. 15
12* Dec. 29

Dec.

99

12* Mar. 30
2* Mar. 29

Dec. 31

9* Dec. 31

18* Dec.
10* Dec.
28

Jan.

17* Dec. 29

18

Sale

13* Sale
44* Sale
18* Sale
36
33*
isH Sale

7
29

Dec.

42* Dec. 28
5
30* Dec.
8
25* Dec.

43*
34* Sale
28* Sale

Sale

Sale

Nov. 29
Mar. 29

43

45

16*
31*

Sale

5* Mar. 25
Mar. 30

15

24*

Sale

30* Sale
34*
42
41*
2* Sale
11*

18

22

50

1F

irA
Sale

Sale
Sale

IF
2l"

125

7
72

Sale

12*

Sale

Sale
114

Sale

Sale

Mar.

24* Mar.
2

15

7* Dec.

July
Mar.

3* Mar.
28* Mar.

72

Dec.

Dec.

Sale

50

82

20* Oct. 17
4* July
7
1
31* Aug.
8
14 122* Oct. 19
30 103*
Oct. 24
7
26
July 19
72
Jan. 12
28
19
94* Jan. 31
26
59* Dec. 29

Mar. 31

13

Dec.

Dec.

82

25

104

116

Mar. 31

Apr.

21

Dec.

90

Sale
34

113

Sale

10

Dec.

29
1

21* Dec.
107

29*

18* Sale
95*
99*
29*

47

w*

Dec.

Dec.
Dec.
Dec.
Dec.

20* Sale
rl2

20

26

35* Dec.

12*
6*
7*
24*

Sale

113
Sale

Sale

2

6

8
Sale

Aviation Corp (Del) The

8* Dec.

8tH

Sale

4

10
20

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Dec.

95
Sale

6*

3* Sale
2*

Dec.
Dec.
Dec.

Dec.

45*
66*

3

Dec.
1
Dec. 30

50

49*
9*
7*
73

94

125*

ii*

38

32* Dec.

Sale

Dec.

4* Dec. 22

36

iF

'

27
16
19
3*
27 29*
30 122

Dec. 30
Dec. 27 103*
Dec? 7
5* Deql 31
Dec. 21
46
De6. 31

100

37
103

Sale

•

Dec.
Dec.
Dec.
Dec.

Dec.

Sale

._.*

13*
2*
26*
121*

Dec.

5

....

$5 prior A

Highest
Sale Prices

68

105

Austin. Nichols 8c Co _..._.*

Lowest

Sale Prices

48

*

Corp

Highest

58

94*
39* Sale
63* Sale
26* Sale
6*
10*
22* Sale
108* 109*

1938

Sale Prices

70

100

5% preferred
Atlas Tack

5*

Sale

YEAR

Sale Prices

65
Sale

91

21*

162""

RANGE FOR

Lowest

75

82
40

66

29*

Sale
•

67

70
31

36

ex-warr

Sale

Sale

51* Sale
311* Sale
9
7*
75
72*
10* Sale

70

2,500
25,800
96,600
39,900
6,860
839.100

200

4,200

103"
Sale

993,300 Atchison Top A S Fe
100
124,400
5% preferred
...100
266,700 Atlan Coast Line RR
100
22,984 AtlGAc WISS Lines
27,400
5% preferred
100
391,900 Atlantic Refining
25
19,400
4% conv pref series A
100
370,700 Atlas Corp
_5
38,600
6% preferred
50
30,800 Atlas Powder.
*

129,500
12,700
32,500
1,500
1,300
42,900

102"

2*
28*
121*
101*

5

100

5% preferred

28

Ask

Sale

15

Sale

....100

Artloom Corporation

510

Ask Bid

17
Sale

131*

"97"

Dec. 31

"32"

5

7% preferred
Armstrong Cork Co
Arnold Constable

3

26

119

100

pref

5

26

2*

*

100

Preferred

160
7% preferred
!.100
371,100 Associated Dry Goods
1
5,100
6% 1st preferred
....100
2,700
7% 2d preferred
100
10,500 Associated Investment Co..*
2,160
5% pref with warrants..100

18,000

IN DECEMBER

Price

H. Y. STOCK EXCHANGE

18* Dec.
2

4

Mar.

Mar.
Mar.

Aug.

12

Nov. 25

14* Nov. 29
46* Nov. 29

23*

Oct. 14

41

Jan. 24

14*
13*
100*
7*
54*
5*

Oct. 24

Oct. 13
Nov. 17
Dec.

Jan.

31

Oct.

11
19

39

July

25

29

Dec. 31

16* Aug.
6
22* July 25
3* Jan. 15

IF
24
5

June 30

July
July

19
19

Oct. 17

15* Nov. 12
44* Nov. 10
22
July 25
24* Jan. 11
51
Aug.
8

iF

Jan.10
Oct. 27

20* Aug. 24
21* July 22
46* Nov. 15
Jan.

10

42

July 25
8* Aug.
3

45
86

Nov. 23
Jan. 17

22* Nov. 10
4* Jan. 12
107* July 25
120
Aug. 4
58
July 25
106* Dec. 27
26* Nov. 9
96
Sept.
1
19* Dec. 15
72* July 21
28

Jan.

3

5* July

25

'IF

Nov. 30

July
8* Jan.
6* July

104

Apr.

25
10

25
2

SALES

AGGREGATE

33

n. y. stock exchange-stocks

"

Jan., 1939]

YEAR 1938

RANGE FOR

PRICES IN DECEMBER

Price
Jan. 3

N. Y. STOCK EXCHANGE

12 Months

In

1938

1938

Shares

Shares

270

10,400
1,700
12,800

5,000

20

90

50

9,000
700

34,900

580

2,181,700

32.100
500

41,100
900

98,200

2.148,300
201,700
350,600

90

990

.

$2 partic preferred
77,900
——*
2,249,03^ Consol Edison Co of N Y fnc *
$5 preferred...
112,200
......
*
94,600 Consol Laundries Corp.— 6
1,294, J 00 ConsoMdated Oil Corp.
71,800 Consol RR of Cuba 6% pf.100

63,200 Consolidation Coal Co rtc.25
35,000
5% preferred v t c
100
7,300 Consumers Pow Co $4.50 pf

800

1.400
21,800
21,300
27,300
4,300

373,400 Container Corp of America.20
*
541,200 1 .ontinental Bak clA
Class B
*
318,800
28,400
8% preferred.......
100
20
336,350 Continental Can.......
$4.50 preferred
*
15,700
95,700 Continental Diamond Fibre 5

53,250
1,100
12,500
20,800
256,100
87,200
482,900
5,900
2,320
20,400

700,200
601,400
60,250
15,610
212,400
6,200
213,100
847,100

500

10,800
450

25,500
570

17,000
18,200
28,200

328,300
80,200
370
120

16,200
3,400

1,400
8,100
300

58

"~8% Sale"
95%
Sale
98

12 %

30

Continental OH of Del...—5

27%
8%
72%
64%
31%

35
Sale
Sale
8ale
Sale

29%

81

90
Sale

37

85%
93
7% Sale
1% Sale
39% Sale

5%

7
Sale

22

7% Sale
6
8%
17% Sale
7% Sale
66% Sale
72

70

' 1%
5% Sale
1%

Sale

22

96% Sale
Sale
9% Sale
3% Sale
4%

l!H 1?*

see

1*

3% Sale
19% Sale
38%
50

47

Sale
1

Sale

8

S

Sale
10

11*

Sale

r

33
83

Sale

16

4

22%

38%
105

Sale

107%

1

27%
70%

25

Co

—.100

Crucible Steel of Amer

Preferred

.....

Cuba Co (The)

•

*
*

*
*

5

21

7%

Sale

34
32
28

37
33

9}

Sale

*

63

66

34

Sale

100

83

90

%

preferred.—100

6%
4%

Sale
Sale
Sale
Sale

—__—100

Preferred

27
8

100

10

50

Sale

Publishing Co (The) *
Preferred
•

Sale

Cudahy Packing
Curtis

Corp...

Class A
Cushmans Sons 7%

Sale
Sale
Sale

"56%

105% 109
62% Sale

107%

109

Sale

10%
1%
46%
y26%

Sale
Sale
Sale

Sale

7%
6%
25%

Sale

8%

Sale

74%

I*
80

82

Sale

2

Sale
Sale

16

9

102%

Sale

18

Dec.

1

70

8

%
1%
%
2%
8%
%
%
%

Apr.
Dec.
Mar.
Aug.
Sept.
Mar.
Nov.
Dec.
Dec.

26

Dec.

Mar. 31

Dec. 30
Dec.

31

Dec.

1

Dec.

12

59%
107

11%
1%
45%
27%

2Stf
785*
84

9

Sale
Sale
Sale

37
115

26

7%
37%
34%

Sale

116
27
Sale
Sale
40

35

Sale

13%

Sale

90

Sale

37%

Sale

88

3% Mar. 30
May 31

Nov. 14

Dec. 30

25

5

Dec.

15
1

35% Mar. 31
7% Sept. 26

88% Nov. 9
13% Jan. 12

59

5%
75%
13%
6%

Sale
Sale
Sale
Sale

Sale

83

Dec.

Nov. 17

15

8

Dec.

Dec.

14

Dec. 29

10

1

80

Dec. 30

Mar. 25

12

3

1% Jan.
July
2% Jan.

3% Dec. 28
6
19% Dec.

Mar. 29

118

26

77

70

Dec. 29

44

107
30

Dec. 23

1
Dec.
Dec. 29
44
Dec. 23
60
Dec. 14
24% Dec. 30
6
129
Dec.

Dec.

133% Dec. 14

Dec.. 23
Dec. 28

Dec.

15
3

Dec. 29

60

—

"

Sale

4% Dec.
6% Dec.
4% Dec.

Sale

31

15%
15%
88%
13%
25%

Dec.
Dec.
Dec.
Dec.
Dec.

1
Dec.
8
Dec.
Dec. 29
7
Dec.

Dec. 17
Dec. 30
7% Dec. 28
9% Dec. 30
7% Dec. 30

18% Dec.

Sale

6

Dec.

61

Dec. 28
15%
102% Dec. 15 104%
35%
31% Dec.
105
Dec.
106%
25
21
Dec.
14

Sale
Sale

70

22

P

4

Apr.

Aug. 31
30% Nov. 9

15% Mar. 26
2
July

76

ii?H

Mar. 31
3
Jan.

105% Mar. 30
8
57% July
976
May >5
Mar. 30

78

May 31
13% Mar. 31
87% June 29

20

June 24

9% Mar. 30
3% Mar. 31
4

Apr.

1

5% Mar. 25

21

16

Dec.

2

1
53% Apr.
9
Mar. 30

28

30

Dec.

6

25% Dec. 28

7% Dec. 30

5% Mar. 30
57
3
May

79

Dec.

8

Mar. 29

Dec.

2

Dec.

15

50
23

May 16

Sale

Dec.

7

84

Mar. 28

Dec.

1

31% Mar. 31

Dec.

6

90

65% Dec. 19 69
56% Dec. 28
59%
108% 107% Dec. 20 108%
Sale
58
Dec. 28 62%
109% 108% Dec. 19 110
Sale
8% Dec. 21
11%
Sale
1% Dec. 12
A5/*
Sale
42% Dec. 28 48
Sale
6
26
Dec.
27%
9
"64
% Dec.
Sale
Sale

lH
9

Sale
87

Dec.
Dec.

£26

94%

23%
8%
74%
81%

Dec. 27
Dec.
6

Dec.

Dec.
2
Dec. 20
Dec. 29

Dec.

Dec. 22

Dec.^ 8
Dec. 24
Dec. 22

Dec. 29
£93% Dec. 12
9
13% Dec.

95
Sale
2

93%

Dec.

Dec. 10
7
Dec.
Dec.

1

Dec.

5

53% Sale
66% Sale
175% 177

47
175

r4%

Sale

4

38

Sale

110

Sale

Sale

87%
Sale

94%

Dec.

62% Dec.
Dec.
Dec.

35% Dec.
25

Dec.
Dec.

7%
34%
37%
33%
12%
85%
36%

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

85

Dec.

105

% Dec.
6%

J$
68
15%
5%
47
7

Dec.

Sale

62

Dec.

Sale

12%
5%
43%
6%
25%

Dec.
Dec.
Dec.
Dec.
Dec.

69

Dec. 17
Dec. 24

83

43
43%
"24" 21%
23
24% Sale"
r
Sale
7%
6%
6%
17
18
17
16%
18%
8
7%
8% Sale
7%
110% 111% 107% 110
109%

Dec.

3

6
26% Dec.
7
10% Dec.
76
Dec. 19
84

2%
12%
31%
102%
6%

Dec. 14
1
Dec.
1
Dec.
Dec. 31
1
Dec.
1
Dec.

15

29

Nov.

19

35% July
9% Oct.
83

Oct.

IT
15

70

Oct.

27

59% Nov. 10
108% Nov. 21
64

Nov. 10

'•88

9

1
Mar. 29

Mar. 26

4% Mar. 26
Mar. 31

88% Apr. 16
2% Mar. 30

1

7

1

Dec.

1

10

Dec. 30
Dec. 30
1
Dec.
5
Dec.
5
Dec.

"u Dec.

W*
76

188

46

25%
7%
Dec.
8
17%
9
Dec.
8%
Dec. 22 111%

Jan.

17
9
13

July

13
7
12
12

Oct.
Nov.

Jan.

22

21% Mar. 30
% May 26
21% Mar. 30
17S4 Nov. 28
Mar. 26

Apr.
Apr.

Apr.

Jan.

July 26
Nov. 12
(Dec. 31
July 25

""Dec.

13

29% Nov. 10
12

1

70% Oct.

6
1

12 177
31

1

Mar. 29
Mar. 29

Mar. 31
8
Apr.
Dec. 28

Mar. 31
Mar. 29
May 31
May 25

Mar. 31
8

Mar. 30
Mar. 30
48% Jan. 11

Dec.

8

Dec.

10

18

15

13% Mar 31
4%
13%
6%
.52%

July 25

Jan.

5
Mar.
Mar. 31
Mar. 30
Apr. 13

June

3
14

56

Mar. 31

Apr.

11%
36%
3%
35%

Oct.

July 27
July 16

1

Mar. 26
Jan.

49

5 116

June 17

Dec.

Dec. 15
Dec. 20
Dec. 31
6
Dec.

Oct.
Jan.

104*

June 30
Nov.
9

6

72

19

36% Mar. 30

9% Dec. 15
36% Dec. 14
3% Dec. 31
31% Dec. 30
13

Dec.

Nov.

107

2J64 Dec.

Mar. 31

Nov. 14

86% Aug. 17
2% Oct. 24
1
12% Dec.

Apr. 18 95%
9% May 27 17%
8% Mar. 26 26%
1% Mar. 29
2%
65% Mar. 31 103%

6

Dec.

Mar. 30

14

29% Dec. 30
8% Oct. 28
14% July
6
26% Nov. 25

78

43% Dec. 31

27
28

9% Aug. 23

2% Sept. 14
2% Mar. 19

17

Oct.
Oct.

Dec.

1

Oct. 28

July 29

May 11

3% Dec.
3% Dec.

9

9

19*

30

Mar. 29
Dec. 23
10% Sept. 17
4% Mar. 29
55
1
Apr.
71
Jan.
5

17

\l'A

31

4

M

Dec. 22
9
Dec.

30

6

1

27
18

22% July 19*
22% July 19»
98% July 25-

Mar. 31 112%

3% Apr.

.

Dec.

Sale
Sale

14

10
27% Dec. 30
40
53% Dec. 31
10 £66% Dec. 30 £53
16 177
1 162
Dec.
28
4% Dec.
1
2%
10
19
38% Dec. 15
12 115% Dec.
6
85
20
5
26% Dec.
21%
1
9% Dec. 16
5%
5
42% Dec. 15
22%
10 38% Dec. 20
29
23
35% Dec. .6
25%
21
14% Dec. 29
7%
28
2
58
90% Dec.
9
43% Dec. 30
19%
9
90
Dec. 30
70
28
1
% Dec.
%
9
6% Dec. 19
5%
16
1
3
5% Dec.
1
75% Dec.
58%
12
16% Dec. 31
24
1
6% Dec.
4%
12
47% Dec. 29
35
2
7% Dec. 30
3%
10
12'
28% Dec. 30
.2%

4

Sale

Dec.

5

6

27% Sale

llH

6

1

Dec. 29

Mar. 30

5% Mar.
1
Mar.
25
Mar.
22% Mar.
% Dec.

8

Sale

a

8

Dec. 27 115

1764 Dec.

26% Sale
9% Sale
41% Sale
40
38%
33%
33%

2

Dec.

7% Dec. 20
29% Dec. 31
8
7% Dec.

94%
16%
18% Dec. 28 21%
1% Dec. 28
2%
91% Dec. 28 102%

23% Dec.

43M

8

Dec. 24

"27% "28"

1*8

13

14

1%
92

8

Dec. 28
Dec. 23

6
4

9%
28%
101%
5%
Sale
8%
3%
2%
3
3%

Sale

19%

8

Dec. 31
Dec.
1

Feb.

60% Nov. 7
25% July 22
Nov. 30
129
3
142% Aug.
61% Nov. 12
976
May
5
17
Nov. 10
8
104% Dec.
39% Oct. 18
107% Nov. 15
29
Feb.
8
23% Nov. 10
8% Jan. 12
Jan. 10>
June SO

13% Mar. 29
13

Jan.

45

Dec. 23

32% Mar. 29

27

12

Oct.

7 115

17% Dec. 14
17% Dec. 14
2
96% Dec.

13

28
9
19
Mar. 26
Feb.

Nov.

Nov.

106

15

Dec. 30

60

10% Mar. 26

5

Dec.

12
July 26

80

70
Dec. 23 113
Dec. 23
28

103
Sale

5

Mar. 22
Mar. 24

Jan.

7
12

Jan.

Oct.

2

4% Dec.
1
23
Dec. 14

20

3

9

% Dec.

Dec. 31

13

Sale

5
10
10

35

1

Dec.

Sale

19

July 22
19% Dec. 29
39% Nov. 14

Mar. 30

9
37% June
% Dec. 15

Dec.

14

92

% Sale
7
6%

16

Jan.

2

9

Sale
Sale

1% Jan.
1% Jan.

15

77% Dec.

Sale
Sale
43
38
37%
113% 115% 112
113% 112
r9% Sale
9% Sale
8%
35% Sale
35% Sale
34%
Sale
2
2
3% Sale
2:28% Sale
31% Sale
27%

25%

1.

9

Dec.

Dec. 28

1% Sale
10% Sale
31% Sale
101% Sale
6% Sale

3%

24%
48%
64%

9

Dec.

8% Dec. 28
13% Dec. 19
2
11% Dec.

Sale

10
10

Dec. 22

74

25% Sale

3

Sale

31

7

Jan.

%
1%
1%
9%
14%
13%

85

6%

Sale

Sale

July

47

9

Dec. 19

Sale

2

5% Jan.
15% July

16

70

Sale

95

f

28

65

9

Sale

23
17

15

% Dec. 15

112% 109

17
5

Feb. 23

6% Mar. 31

Dec.

22%

Jan.

2

30

Sale

Jan.

22

Sale

76

3%
3%

Sale

it*

5

14

Dec. 28

Sale
Sale

12% July 20
48% Mar. 2

19% Dec. 29
37% Dec. 30

9

Dec.

1

sH

Dec. 31

Mar.

19

13

6

30%
102%
6%

n*

pref.. 100

$8 preferred..—......—*

40.

2%
15%
35%
45%
%

it*
1*

1

9

7% Sale

Sale

7
27

Sale

Sale

Cutler-Hammer Inc........*

Stores Corp

28

67%

Sale

1
1

June

35
Sale
Sale

93
88%
15% Sale

77

.........

Curtlss Wright

60

2:57 %

177

23% Sale
91% 8ale

•

Cuban American Sugar

60

Sale

Sale

4

22

70
110

7

97%

72

Sale

Davega

16%
30%

69%

59]
164!

25
100

*14iy2

Dec. 31

54

79

Sale

Sale

.......

%

37

22

Dec. 30

27

4

June 14

Dec.

Dec. 31

3

May-

6

20

% Dec; 30

Sale

Sale
Sale

6

18

1

6

4
33% Nov. 12

17

Dec.

15
22

Oct.

1 106

June

Dec. 29

5

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

46

94

Dec. 29
Dec.

59% Oct.
12% Oct.

17% Mar. 31

% Dec. 12
2%
10%
%
%

Sale

13

16% rl6%
16%
16%

92%
14%
20%

50

Cuba RR 6%

61

83% Sale
12% Sale
10% Sale
1% 8ale

Corn Exch Bank Trust Co..20

page




16

21«4

Preferred.

2

55%
Sale
25% Sale
21%
127% 125%
129% 125
Sale
132% Sale
129%

Sale

Sale

Crane

Sale

17

Sale

Coty.Inc

7%
20

Sale

1000
1020
15% Sale
14%
103% 104% 102%
32% Sale
35%
105
106% 108
7
5
20%
Sale
20
r21%
6%
5% Sale
9%
7% Sale
6%
8%
7%

96

14

Conv 5% preferred
25
10,000
73,720 Davison Chem Corp (The)-.l
3,260 Dayton Pr A Lt 4% % pre 100

For footnotes

127
a;130
60

Sale
Sale

28%

338,000 Crown Cork A Seal
$2.25 conv pref w w
6,500
Preferred ex-warrants
14,800
464,450 Crown Zellerbach Corp.
$5 conv pref
9,240
469,800
10,300
64,400
17,130
170,400
7,210
62,700
210,300
95,400
2,808.400
1,202,800
1,230
1,030
188,100
22,700

72%

56%
22%

67
12

*

Corn Prod Refining

26

Sale

3% Sale

69

Sale
Sale

28

70

16%

Rights
Continental Steel Corp

41.200

•

'

[12%

17% Sale
17% Sale

1

5% conv preferred
34,900 Cream of Wheat ctfs
67,400 Crosley Corp (The)

5,300
3,300
9,200
24,500
900
1,400
26,200
1,480
24,400
1,200

Sale
Sale
Sale

158,200 Continental Insurance..2.50
572,400 Continental Motors

25,000
63,900

.

*

_

4,000 Conn Ry A Ltg 4H% pref. 100
692,100 Consol Aircraft Corp...—.1
49,600 Consolidated Cigar.....
990
7% preferred
.........100
6,850
6%% prior pref...
...100
60,200 Consol Film Industry...., 1

62,lo0
4,500

Sale
Sale

Rights

196,600 Congoleum-Nairn Inc......*
*
6,000 Congress Cigar

900
400

Sale

s»i

Commonwealth A Southern

25,800 Conde-Nast Publlc'ns

19,100

6,900
9.600
211,130
14.700
4,700
137,300
5,600
6,700

*

Columbia G A El common

$6 preferred
......
..*
528.800 Commonwealth Edison Co. 25

3,600

j

113
57 %

5% preferred.......—.100

41,000
6% pref series A.....—100
1,600
5% preferred..........100
10
374,100 Commercial Credit
6,000
4H% conv preferred....100
370.900 Comm'l Investment Trust..*
$4.25 con
pref ser of "35..*
9,400
——*
935,300 Commercial Solvents

200

291,900
16,100
87,600
222,400

37% Sale

21

118,670
System Inc class A..—2.50
Class B
2.50
39,700
*
51,800 Columbian Carbon ▼ t c
149,600 Columbia Pictures Corp vt c *
$2.75 conv pref
*
9,600

9,600
2,900
9,200

1,400
252,800
5,600

82

95

*

Dec.

10%

44

105% 107
20 % Sale

*

Alkman

250 Colonial Beacon Oil Co

16,700

87

Special gtd 4% stock—.50

Collins A

Sale

Sale

26% Mar. 29
4% Mar. 30

62

65

*

£31%
89% 85%
Sale
%

Sale

8%
23%
38%

Sale Prices

Sale Prices

50% Dec. 31
11% Dec. 31
42% Dec. 16

45% Dec.
5
9% Dec. 12
Dec.
5

37

1 105
Dec.
31
Dec. 10
Dec. 24 10
Dec. 22 42%
5
38%
Dec.
9
88%
Dec.
5
Dec.

30

3%

20

94,010 Colorado Fuel A Iron Corp..*
13,300 Colorado A Southern... 100
4% 1st preferred.......100
11,709
4% 2d preferred
—100
2,480
Columbia
Broadcasting

2,710
1,290

Sale
Sale

4%

6% preferred...........100

30

10,400
3,150

Sale

49

14
111

22,000
203,000
3,650

2,200
8,900

Sale

74%

Highest
Sale Prices

100% 103% 100

Sail4,

208,400 Cluett, Peabody A Co
Preferred
..100
1,870
♦
93,300 Coca-Cola Co (The)
Class A
•
13,500
10 Coca-Cola Internat Corp—*
523,300 Colgate-Palmolive-Peet Co..*

230

Sale
Sale

2'A
11%
12
% Sale
% Sale
% Sale
2% Sale
16% Sale
36%
39
45%
47
%
%
1 % Sale
1
1%
9% Sale
13%
15
12
Sale
35
39%
81% Sale
10
Sale

pref.

369,000 Climax Molybdenum Co

48,200
30,400

Sale

2*

56,800 Cleve Graphite Bronze (The)l
260 Cleve A Pitts RR Co 7% gtd 50

4,100

Sale

42

88%

preferred-......-*
pref ($2.50 cum divs).*

ser

Sale

11%

Sale

35 %

33 conr

7,640 Cleve Elec 111 $4.50

50

Sale

9%

Prior
7,200
43,900 (Chic Rock 1st A Pac
100
44,000
7% prefferred
.—100
43,700
6% preferred
...—100
9,400 Chicago Yellow Cab
...—•
57,500 Cbickasha Cotton Oil—...It
*
229,520 ChildsCo
...—25
3,070 Chile Copper....
5
4,880,300 Chrysler Corporation...
87,100 City Ice A Fuel........—.*
9,400
6%% preferred—.
-100
230 City Investing Co.—.—100
76,400 City Stores..
........5
45,800 Clark Equipment
20 CCC&St Louis Ry 5% pf 100

9 30

Sale

41%

41

._

19.200

46 >3
10

31

14.110 (Chic A East 111 RR
100
31,200
0% preferred
100
78,900 (Chicago Great Western.100
73,820
4% preferred........—100
60,900 Chicago Mall Order Co
5
128,500 (Chic Mil St Paul A Pacific.*
174,400
0 preferred...........100
210,800 (Chicago A North West—100
Preferred
—.—100
38,800
269,000 Chicago Pneum Tool
_....*

4,410

"5",500

Sale

....

6,700
10,900
11,620
4,900
37,700
30,300

211,000
8,600
1,310

Sale

6% Sale
26

Highest

Lowest

Lowest

Ask

Ask Bid

Bid

00

36 %

......

101,300
2,100

9,100
8,600
9,900
1,000
4,300
18,100
370

Ask

Bid

428,700 Cerro de Pasco Copp
•
1
432,700 Certain-Teed Prod
46,420
6% prior preferred—-. 00
Champioif Paper ft Fibre Co
2,030
6% preferred.—...
.10(1
80,900
Common
*
14,700 Checker Cab
5
97,500 Chesapeake Corp
*
860,300 Chesapeake A Ohio..
.25
Pref series A
......100
11,700

27,500
25,700
3,070

50,000
8,300
20,600
1,300
700

Par

Sale Prices

Dec. 31

Dec. 1

December

Mar. 31

Mar. 29
Mar. 29
4
June
3
Jan.

58/
42^
117 \
29 ^
10}

Dec.

Nov. 10

Oct.

8

Nov. 12
Nov. 10

July

7

43% Nov. 12
40

Nov. 15

37% Nov. 14
15% Nov.
9
92% Nov. 16
44% Jan. 11
94% Jan. 17
1 % Jan.
7
13% Feb.
7
6% July 14
87

Jan.

3

21% July

18

8% Aug.
56
Aug.
7% Dec.
28% Nov.

11
10
30
16
25

83
50

29%
8%
17%
11%
111%

Oct.

Nov.

Nov.

July

5

9

20

Dec. 20

July 29
Dec.
6

N. Y. STOCK

EXCHANGE-STOCKS
PRICES IN DECEMBER

STOCKS

Par

61
25

*

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

...20

Preferred

Oetsel-Wemmer-GtlbertCorplO

554

Delaware

Be

Hudson

100

468

Del

8c

Western

Bid

27,
32

1,

12
15

.100

Detroit Edison

59

320

♦
♦

32

*

18**

193*

Dome

*

Ltd
*
5% pref with warrants.100

Dixie-Vortex Co

280
18

,600
89
10

5

Mines, Ltd.

Dominion

....

......*

Stores Ltd

Douglas Aircraft Co Inc....*
Chemical Co

Dow

6**
6**
383* Sale

*

90

Sale

cl A..*

Dresser (S R) Mfg cons

38

195

....

Class A

18

21

Class B

•

Dunhlll International..

Duplan Silk.

10

......

6% nonvoting deben

24

31
6

112

14.50 preferred

.100
*

Duquesne Light 5% 1st pf.100

135

Eastern Airlines Inc

132

Eastern Rolling Mills.

168
3

Eaton Mfg. Co.

149
969
851

9

4

...

~

Sale

Sale

3

Sale

Electric Boat

Sale

A*
Sale
Sale

323*
5**
79**
132**

19

.

18

93*
173*
10**

Sale

138

120

120** 119
116**
Sale
163*
Sale
Sale

73*
1843*

Sale
Sale

Sale

180

*
(The)...5

Kltlngon Schlld
Electric Auto Lite

8

175
25

180
Sale

Dec. 22

113*
313*
173*
31**
5**

12**
343*

Sale

154**

170
22

Sale

Dec.

116$
3

Dec.

6** Dec.

5
Dec. 31
42
Dec. 30
1
9** Dec.
1
223* Dec.

Dec.

173

3**
33**
11**

Sale
Sale
Sale

3**
34**
15**

Sale
Sale
Sale

33* Sale
11X Sale

23*
103*

Sale
Sale

10

36

Sale

Sale

34

Dec.

33

Sale

Sale

32**
313*
13*

Sale
32
2

Sale

26 X

30

Sale

253$
3 3*
36**
15**

Dec.

Sale

23*
11**
383*

Sale

36

Dec. 22

30** Dec.
283* Dec.
IX Dec.
28** Dec.

Dec.
Dec.
Dec.
Dec.

,097,

291,
121,
63,
29,
169,
12,
4,
980,

American

Elec Power 8c Light

Elec Storage Battery

51,

*

...

Elk Horn Coal Corp.....—*
El Paso Natural Gas Co....3

50

Endlcott-Johnson

—100

5% preferred
Engineers Pub Service

35

14,

63,

*

._.....—*
*

97 preferred..
$6 preferred

17,
5,
133,
247,
157,

shares..........

1

*
—*
*

preferred

conv

$5.50 preferred w w
36

preferred

cum

Equitable Office Bldg

18

44

55

54

Fairbanks

,5

Co 8%

pref.

100

Fairbanks Morse k Co

*

Fajardo Sug Co Porto Rico.20

2,

36 preferred
.......*
Federal Mining 8c Smelt..100
Preferred
100

6,

Light 8c Traction..15

—

127,
41,
76,
52,
14,
118,

Federal Motor Truck

—

3X Sale
7X Sale

Jan.

5

42

Dec. 30

Mar. 30

11

Oct.

Mar. 18

23** Nov. 10
91** Nov. 16

12

27 **

4**
31

87X
15

6**
13*
8**
102

Federal Screw Works
Federated Departm't

Stores.*

4H% preferred
100
Fidelity Phenix Fire Ina.2.50
Filene's (Wm) Sons Co
*

786,

Fllntkote Co (The)
Florence Stove Co

Florshelm Shoe (The) cl A__*

6% preferred series A...100
First National Stores

.*

10** Mar.

15
31

13** Mar.

2

6

4 **%

conv

1,

7%

16

68**
28
.....

19

893*

100,
8,

2H
30

89

Sale

143* Sale

...10

56
3X

Class A...*

85

conv

36 pf..*

Gar Wood Industries Inc...3

36 preferred

......_*

Gen Amer Transp Corp..
5
General Baking Co.........5

38 1st preferred

.....*

General Bronze........

*

Cable

...

57

297

,

100

106

120

140

40X Sale
30X Sale

*

preferred A..

Mills

*
_•

6% preferred

100

General Motors Corp

10

Preferred (6)...

Gen Outdoor Advertising. A*

Common

*

General Printing Ink
1
36 preferred
...—..*
General Public Service
♦
General Ry Signal

»

_■

100

Gen Realty 8r Utilities

36 preferred

Corp. 1

.......*

General Refractories

*

Corp

6% preferred

*
..100

General Tire 8t Rubber Co_.5
Gillette 8afety Razor
..*

preferred.....

*

Dec.

1

30

50

503* Sale
118

11

29 X

101

703*

Sale

Sale

30
Sale
9X

49**
123**
±423*
7**
10**

103

107

IX
183*
85**
IX

IX
Sale
99
Sale

103
.Sale

133

Sale
140

4**
17**
34**

Sale
Sale
Sale

2
93** Dec.
5** Dec. 28

130

85
11

52

Dec. 31
30** Dec. 29

23*
4**
13**
14**

1
Dec.
Dec. 30
Dec. 30
Dec. 12

Dec.

1

97

Dec.

16

63* Dec. 30
19** Dec. 31
51X Dec. 31

.

29
7
30
6
15
15
31

125

Dec.

40

45

39

2 127

Dec. 10
1
Dec.
Dec.

Dep.

1

Dec. 28

Dec. 24

40

Dec.
Dec.

15

Dec.

24

63*
103*
'

63*
Sale
Sale

13*
Sale
90

Sale
Sale

13*
193*
393*

Sale
Sale
Sale

24

Sale

28

Sale

31?

Sale

153*
16**

Sale

15**

18

153*

Sale'
18

24

Sale

Q

7**
50

Sale
52**

13

6

Dec. 15

1** Dec. 20

18** Dec.

22

333* Dec. 28
8
243* Dec.
9
x!4% Dec.

16
Dec, 16
17**
99** Dec. 23 100
Dec. 10
24**
6** Dec. 22
83*
46** Dec. 22 55

22

3X Oct.
July
Jnly
18
July

ii*
97

19

7
20

Dec.

16

8** Oct.

27

ll*

10IH

1 130^

Mar. 31
Mar. 30

25

48

Nov.

9

Sept.29
Nov. 10
Dec.

7

Dec. 30

July
Oct."

27
6

July

25

Oct.

27

Nov. 10
Nov.

7
Feb. 23

Nov. 12

Nov. 10

403$ Nov.

9

Apr.

17
Nov. 10
Dec. 15

Aug.

45

July
July
12X July

101
Apr.
9 110
23*
IX Dec. 28
Mar. 30 27**
II*
x85
Sept. 15 95
1
Mar. 25

3

Nov. 12

Nov.

25

ar. 30
Mar. 31'
Mar. 29

Oct.

3

22
23
22

Nov. 10

'

1
Dec.
Dec. 31

3

13* Dec. 31
3
20** Dec.
39** Dec. 31
31
16

2

3

50*

4

Dec.

Sept. 27
July 15

Nov.

Mar. 30
25
Mar. 25
79
3
503* Jan.
118
Jan.
4 125
25** Mar. 31 53**

W

90

12

Jan.

Sept.

1083* June 28 117** Nov. 25

1

Dec. 22

Mar. 30
Mar. 26
Mar. 10

108** Apr.

2

85

17
5
22

AM

_

7** Dec.

14

Oct.
Jan.

58

Mar. 29
Mar. 29 59**
11**
6** Mar. 31
115
Apr. 22 136
2
Mar. 31
53*
5
Mar. 31
19**
11
Mar. 30 38**
87
'35
Mar. 30
20** Mar. 31 28

5

Dec.

24

32

Apr.

82

15

Dec.
5
103*
Dec. 31 109
IX Dec. 28
13*
5
203* Dec.
26**

20

29

Dec.

10
108

14

Mar.
Nov. 14
Nov. 12
Mar. 25 109
Mar.
293* Oct. 28
91
Nov. 26
Mar.

.41* Mar. 31

2*|

Oct.

Oct.

Mar. 29
48

May 19
Aug. 10
July 25
July
1

Oct.

it*

Apr.

Mar. 29

si*

22

Nov. 10
43** Nov. 10
31.** Dec. 31

2** Mar. 31
10

Oct.

Oct. 15
Nov. 10
Nov.
7

26** Oct.

2** Mar.

Dec. 17 1233* Dec.
Dec. 28 423* Dec.

i35
6J* Dec. 29

25

19** Mar.

Dec. 30

44

121

50

25

2

12

Dec. 31

100

1** Mar.

44** Dec. 15

6 114** Dec.
,9
21
IX Dec. 31

77
2
79
78** 70** Dec.
123** Sale 122** Dec. 19 124
50
Sale
5
51
47** Dec.

J!*

Sale

18

1

Dec.

37

Sale

1

Dec.

Dec. 31
Dec.
9
Dec.
1

30
Dec. 24

85

5!m

15

7

24

87

"233*

4

5

Dec.

71

127

Sale

99 J*
Sale

90

Dec.

Jan.

903* Oct. 15
136** Nov. 14

Apr.

Dec. 31
Dec. 19

Dec. 21

Sale

20

9

,

M

29

24** Mar.
10** Mar.
193* June

21** Dec. 16

Sale

105
10** Sale
9 X Sale
533*
59**

36

.§s*
9t$

June

Dec.

31**
36**
19**
3**

?i$

16** Mar.

29

66

15

113* Sale

7

Dec.

74

243*

17

15

76

23 3*

223* Sale

-1

28

223*

44

IX Sale

Dec.

27
Dec. 29

\l'A

12** Mar.
Jan.
22** Mar.

243* Dec. 15
99** Dec. 21

70

Sale

90

17

1

Oct.

23* Nov.

67*1

Dec. 28

51** Dec. 31
9
Dec:
73* Dec. 13
101
6 102** Dec.'
Dec.
.52
Dec.
8 .59*1 Dec.
10
Dec.
83* Dec. 27
133 3* Dec. 29 135
Dec.
3 3* Dec.
5
4** Dec.
5
133* Dec.
17*1 Dec.
1
29** Dec.
34** Dec.

Sale

Sale"

7

Dec. 23

Sale
Sale

13*
26**

-

52**
96**
2**
1**

5

Dec.

xl8

108

IX

Dec.

Sale

9**

50

70

Sale

*123* Sale
263*
4X
9X

42

123

27

Dec. 28

43** Sale
403*
36** Sale
393* Sale
36**
112** 1153* 1123* 113** 114
3*
1X Sale '
Anx Sale

119

13

Dec. 24

'

1** Sale

2

27

3X Dec. 19
103* Dec. 27

Sale
Sale

59

84

127
Sale

13*
25**
86**
363*

22

Dec. 22

2

Sale
Sale

Sale

2

Dec. 24

27** Dec.

101

12

23* Dec. 13

Sale

100

Sale '

x43

2

51**
8**

Sale

125

5

Dec.

40

63*

4

15

Dec.

5

Dec.

88

90

6

Mar.

Dec

6

6
Dec. 30
Oct. 18

16

Apr.
Apr.
Feb.
Mar.
Mar.
Sept.

19

Sale

70
24

General Gas 8c Electric cl A.*

40.

135

Sale
Sale

5

3

Jan.

25

Mar.

16

19

28

Jan.

64

May
May

16

1053* Dec. 16 108
3
28
23** Dec.

Sale

95

29 X Sale

34.50 preferred

conv

121**

1

Dec.

Sale

4

53

101
Sale

35
Sale

2**

Sale

73

Preferred (7)

35

8"

53**
9**

Dec.

Dec. 31

Dec.
Oct.

6** Jan.

Mar.

Dec.

Dec.

Sale

123*
133*

W

21

Gen Time I net rum




115

*99

4l'A

Nov. 12

Oct.

1$

Apr.

1

Nov. 16

P

5** Mar.

Dec.'

2

Nov. 10

27
72** Dec. 19
Oct. 26
Jan. 11

2** Mar.

30K Dec.

30

94
«

Sale

12

28,

Sale

1

15

jOK

Oct.

84
7
21 120

&H

Sale

24 X

96

375,
457,

95

40** Sale

62

25
31

Nov. 10

Dec.
Dec.
Mar.
Dec.

27

33

19**

88

Sale

8**

Dec. 31
Dec. 31

27

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

36

28

Sale

20 X
64

Gen Steel Castings 36 pref..*
Gen Theatres Equip Corp...*

85

r

2

Dec. 28

Sale

34

Sale

*

;__*

6% preferred
370

Sale

27

17

107** 108

Sale

...100

A

Preferred 7%

*

144

23*
3**
11**
§14**
|92
*6**

1513*

«8*
90

Sale

Sale
Sale

318

5

General

*

3

5** Sale

•

Gen American Inveotoro....*

Electric......

71

16**

Gaylord Container Corp....5
5** % conv pref..
...50

Foods

104

Sale

Sale

2

22**
95**
393*
25**
33 3*
17**
2**

Sale

23*

50
42**
28** Sale

Sale

Sale

Sale

993*

4

28

2

Dec. 30
Dec. 29

25

Sale
100

11
17
17

4P

Mar.

Dec.

Dec.

13

1

Sale

17**

*42**

Sale

87

76
46

3%
13

36

107**
25**

Sale

2

1

General

96

99

r

3**

Sale

100

General

23

2**

.10

pref

449,
10,
262,

65

r24

97
Sale

18

General Cigar Inc

,000

Sale

243*

91

Sale

ll'A

Gannett Co Inc

conv

23**
95**
413*
263*

30

Sale

88

35

19**

13

36

Sale

Sale

Sale

Oct.

2$n

Mar.

1**
1**
23*
1**

Dec. 30

4

2

40

46

23* Dec. 28
9
13* Dec.
22** Dec. 23
843* Dec. 27
3
343* Dec.

Sale

88

35

33 preferred
.........10
Gamewell Co (The)
*

General

Jy

26

18

36,
3,
339,

53,
7,

r24**
86**

Sale

35

Sale

13

64

19

Dec. 23
Dec.
6

Dec

4

Jan.

tf>

Feb.

123* Dec
107

30

46** Oct.
July

Mar.

79** Dec

Sale

24

69X

115

4**
33*
13*

86

Sale

25

Dec. 22

4

Mar.

Apr.
94** Apr.
2** Mar.
38** Mar.

97

34

*

Gafr Co Inc (Robt)

Class

3**
1**

107

"43*

21

60,
179,

1,

Sale

Ik

29

Gabriel Co (The)

71,
383,

115

Sale
Sale

r28**
14** Sale
81
84**

Sale

22 X

275,

15

823*

17

Freeport Sulphur Co

1,

14

79

Dec
Dec
Dec
Dec
Dec
34** Dec

Sale

63*
43

16

270,

96,
22,
1,
144,
5,
183,

70
105

Sale
Sale
32

3**
11**
19**
13*
5**

Sale

25

40

34,
10,

30**

I?

2

Sale

preferred........*

conv

38*

2X Sale
3
3X
IX Sale

Francisco Sugar Co........*
Franklin Simon pref
...100

2,

Sale

28

Food Machinery Corp.....10

_

Sale
Sale

•

Footer- Wheeler

3** Dec. 10
1** Dec 22
64
Dec 30

133* Sale
243* Sale

Sale

17

16

10

27

Nov. 10

33

Dec.

Sale

18

2

Dec.

Oct.

14

Mar.

213* Mar.
** Mar.

Dec.

2**
2X
4**
2**

16

253* Dec.
53* July
36** Dec.
15** Dec.

2** Sept.
6** Mar.

77

Dec.

July 19
July 19
Dec.
7

8** Nov. 12

22** Mar.

14

12

15

Oct.
6
Aug. 16
Jan. 20
Dec. 29

Jan.

187
173

Jan.

30
15

42** Dec. 12
Dec. 22 111** Dec. 19
5
Dec.
9** Dec. 30
1
Dec. 23 68** Dec.
27
Dec. 20

19

Dec.

Apr. 23 115

157

Dec.

Dec.

29

Jan.

25**
July
5 34**
June
2
8**
Mar. 30 .803*
Jan. 27 141
Mar. 26
24**
Mar. 25 14
May
6 19**
Mar. 28 12

3** Mar.
121** Mar.

2

Dec,

24

90** Mar. 31 1543* Dec. 30
1303* Mar. 31 138** Nov. 28
109** Apr.
6
1 120** Dec.
3
1113* Jan. 3 1183* Dec.
133* Nov. 28 173* Dec. 19

IX Dec.

Sale

4

Sale

*

1 Foliansbee Bros

10,

30,

94

*

Firestone Tire 8c Rubber—10

340,

60"*

*

Federal Water Service A

75

77-

17
35

Mar. 30

Dec. 31
33** Dec. 16
2
32** Dec.

Sale

13*
IX
4**
23*

Sale

12**
20**

2?* Sal*
2t$

*

250,
27,
101,
31,
5,
51,
58,

2**

Sale
Sale

"l% Sale"

87,
34,

Federal

Sale

Sale

3**

73

Sale

2

---3

Exchange Buffet Corp—

29

40
41** Sale
110** 110** xllO
Sale
73*
66**
68** 65**
70
68**

79

IX

\K
Sale
a

7k

40** Oct.
303* Oct.

1
23* Dec.
113* Dec. 30

2** Dec.

2**

67

Evans Products Co........-5

Ex-Cell-O Corp

75

2X
Sale
Sale

7

4% 1st preferred
100
4% 2d preferred—
100
Erie & Pittsburgh R.R Co..50

13*

Sale

6X
9X

Erie Railroad............100

Eureka Vacuum Clean

29

43
41**
110** 111
83* Sale
68** Sale
713* Sale

62

2

370,
18,
14,
203,

48 X

46

.....

242,

Sale

34** Sale
102X 104
4*2 Sale

0

31
9
10
21
24
6

3

Elec 8c Musical Ind—

121

20
9

Dec.
Nov.
Jan.
Dec.
Jan.
Juiy

11

29

Dec.

Nov.

Jan.

65** June 17
8** Sept. 26
283* June 2

BS; ?

170

Jan.

17

5

5

19

25

25**
83*
2**
115**
43*

31**

Dec. 10
Dec. 29
Dec. 16
Dec. 16

Dec.

Mar. 30

25X Feb. 23

203*

2

178

Dec.
Dec.
Dec.
Dec.

25

Dec. 15
Dec. 30
Dec. 27

Dec.

Mar. 31

2** Sept. 7
43* June 11

30

15
Dec. 30
Dec.
7
Dec.
5
Dec.
3

Mar. 31

3* Nov. 16

1

73* Dec. 31
1843* Dec. 31

20**
2**
323*
103*

4

5

Dec.

Mar. 30

76

Dec.

90** Dec.
12** Dec.

Highest

7** Mar. 29

3
Dec. 30
Dec. 21

73* Dec.
35

Dec.
3
Dec.
5 35
22
Dec.
6
Sale
Dec.
2 32**
6
Dec. 22
6**
Sale
67** Dec.
5 803*
Sale
1293* Dec. 28 141
183*
16** Dec. 28 19
Sale
93*
83* Dec, 28
14
Sale
Dec. 17
193*
12
10** Dec. 10 11**'
115
108** Dec.
6 »110
Sale
1433* Dec.
2 1543*
Sale
1353* Dec. 20 138**
Dec. 14 120**
120** 118
Sale
zll5**Dec. 29 118**
Sale
14** Dec. 14
173*

12

Sale

159

Dec.
Dec.
Dec.
Dec.
Dec.
8
Dec. 12

85

22

9

Dec.

Sale

32
Sale

3

25K Deck 31

Dec.

Sale

20

146**
137**

Sale
16

Dec.

8** Dec. 12
183* Dec. 27

110

63*

153

Sale

bJS?
1}!*

15**
10**
103 X

Sale

5

6% preferred...........100

1938

Sale Prices

133* May 27
193* Mar. 29

Dec. 30

17

12**
•

118**
15**

__.l

Sale

12

193*
31**
53*
70**
134**
18**

112

42

41**

21** Dec. 15
25

90** r84**

111** Sale

Eastman Kodak Co. of N. J-*

185

110

Sale

413*

3

41

Sale

31

1113$ Sale
132 X Sale

100
Du Pont de Nem 8c Co (EI).20

30

22

13
115

8% preferred

826

30**

Sale

Dec.

Dec.
2
Dec. 31
Dec.
2

73*
26**
27**

Sale

90

83* Sale
3
2X

1

Sale Prices

2**

83*

Sale

28**
41**
9**

35

Doehler Die Casting Co

Distil Corp-Seagrams

Lowest

Sale Prices

19
20** Sale
25
23**
243*
143* Sale
143*
243* Sale
20**
6
7X Sale
3*
IX
1**
1063*
112** 113

Sale
a

Highest

Sale Prices

Ask

34

21** Sale
303*
31X
6** Sale
12 X Sale
68 X
75
15**
16**

Pref__25

,V»

Sale

6

*

7.
80

ii

3

Diamond Match

6%

17

a

110

"33" Sale"

15
18

43*

100

*

Participating

Sale

Sale

100

Diamond T Motor Car Co—2

Sale

.213* S^le

Devoek Reynolds A

32

95

20

243*
16**

Sale

Lowest

31

Ask Bid

saie

95

Ry Co 100

Preferred..

35

Bid

Ask

Dec.

63* Sale
1** Sale

IDenm RIoGrkc Wei pref 100
Det olt 8c Mackinac

Dec. 1

21H Sale
22 X Sale

50

Lack

YEAR

Jan. 3

1938

Deer© & Co

RANGE FOR

Price

N. T. STOCK EXCHANGE

Dec. 31
Dec. 15

Dec. 15
Dec. 23

Dec. 15
1
Dec.
Dec.

1

133* Mar. 29
15** Mar. 31
13
Mar. 31
8** Mar. 23
14** May 23
98
9

June
1
Mar. 29
6** June 13
46** Dec. 22

July

7

Nov. 12

July
July

21
25

26** Oct.

14

Nov. 10'
Nov.
9
Nov.
7
Nov. 14
100
June
8
27** Nov. 9
11** Feb. 26
61
Feb, .26

II*

$8$

N. Y. STOCK

JAN., 1939]
AGGREGATE

N. Y. STOCK.

I

EXCHANGE

Par

Shares

*

$6 preferred. ....
Gllddeo Go

4H%

(The)

con*

preferred.....50

Gobel (Adolf)

•

-

Goebel Brewing

Co.....—-1
Co...100
*

62)4
Sale

8*
§*

49
Sale
Sale

17,300

6%

78

Sale
Sale

1,770
157,100

20
13

11*
26
123

140

40

40

360

'

42,200
3,050
234,010
16,500
383,400

7,700
1,630
99,700

Harbison Walker

6%

it*

6)4% preferred w
Hayes Body Corp..

1)4

He I

me

•
*

Hercules

$4 cony preferred..—-----*
6,400 Hlnde & Dauch Paper Co—10

13,800

*
234,000 Holland Furnace
3,310
$5 cony preferred..——..*
8
61,800 Hollander (A) A Son..
83,400 Holly Sugar Corp
—*
490
7% preferred
.———100
.12.50
452,700 Homestake Mining
*
21,700 Houdallle-Herahey cl A
Class B
*
475,700

16

19

25

Sale
100

9

Sale

20)4 Sale
101

53
21

Sale
25

854 Sale

Household Finance-

23,400
10,900
661,600

48)4

Common stock-..---.

100

5% preferred

Houston Oil of Texas y t c 25
Howe Sound Co
—*
58,900 Hudson 8c Manhattan.—-106
15,900
5% preferred-.-———100
304,000 Hud Bay M & Sm Co Ltd..100
*
425,200 Hudson Motor Car
695,400 Hupp Motor Car Corp
—1

174,400

789,005

79

Sale
83

654 Sale
42

1)4
4)4

654
1)4

Sale

154
554

Sale
Sale

42,400
11,910
14,180
30,000
221,800 Industrial Rayon Corp.....
*
64,000 Ingersoll'Rand...———
1,460

168,700
1,238,400
8^,300
225,700
83,400

6%

Inland

tlnterboro Rap Tran—100
Interchemlcal Corp—*

6% preferred
.—100
63,240 Intercontinental Rubber—*

179,000 Int Mining Corp—......—1

Preferred

of Canada..*
100

& Power
New...——————15
1,388,100
1,040,800
5% cony pref—————100
•
33,950 Int Rya of Cent Amer
5% preferred-—.——--100
14,260
19,100 International Salt—--—*
*
42,400 International Shoe
35,200 International Stlrer—.—50
7%
preferred
—.—100
9,380
•
2,391,900 Internat Tel 8c Tel
Foreign ohare certlfs...—*
414,800
*
210,200 Interstate Dept Stores
Preferred
10®
4,500
20,810 Intertype Corp
1
29,000 Island Creek Coal

43)4 Sale
125

132

Internat Paper

——

500

<6 preferred—............ 1

—
*
26,900 Jewel Teg Inc
*
372,900 Tohns-Manyllle ........
Preferred
......—..100
3,890
37,600 fones 8t Laugh Steel pref. 100
29,530 Kalamazoo Store 8t Furn ColO
530 Kansas City Lt 1st pf Ser B •
134,600 Kansas City Southern—-.100

23,00J
17,000
1,300

4%

preferred.——.—..100

Kaufman Dept

Stores..312.50

5% conv preferred
100
----5
35,700 Kay ser (J) 8c Co
550 Kelth-Albee Orphaum pf-lM
Kelsey Hayes WheelConvertible class A—
1
87,300
Conv class B—
1
138,100
1,050 Kendall Co 36 pt pt ser A.—*

t or

footnotes

see page




107)4
6054
30)4

40.

1754
Sale

Sale

31
33
Sale

1654

15

Dec.

13

4

Dec.

14

33 )4
Sale

Sale

48

Sale
2

654
Sale

7)4 Sale
30)4 Sale
3)4 Sale
39)4 Sale
21

Sale

32

Sale
Sale
Sale

16

65

6)4

Sale

7

Sale

9)4

Sale

70)4 Sale
9)4
21)4
116

10)4
Sale

16)4
118)4

7)1

124
Sale

99

Sale"

Dec.
Dec.
Dec.
Dec.
Dec.

5 100

28

23
28

19)4
Sale
Sale

15

17

Dec.

1

734 Dec.
Dec.

6
5

454 Dec.

1

75

Dec. 27
1

Dec.

1134 Dec.
12 Ill
Dec.

5

Dec.

10 161

Dec.

2

8

Dec. 27

17)4 Dec. 12

87
Dec. 29
2
Dec. 28 135)4 Dec. 20

7134 Dec.

Dec. 28
5634 Dec.
7 10534 Dec.
Dec.
20
Dec.
Dec. 28

2

14
5

Sale
Sale

10254
7)4
4654
1)4
5

Dec.

6

28 10434 Dec.
8
Dec.
9

2

Dec. 29

Dec.
Dec.
5
Dec.
Dec. 20

71

1

5
2

Sale

41

Dec.

12

Sale

8

Dec.

634 Dec.
Dec.

11054 Dec.

44

Dec.

271

Sale

86

Dec.

16 H

Sale

14

Dec.

Sale

25*

122

7134 Sale

73)4

Sale

105

126)4 Sale

Sale

27)4
Sale
Sale

Sale
Sale

79

1034
2034
124

74

7)4 Sale
4)4 Sale
88

87

12 K
834
8634

13
Sale
93)4

12)4
854
90

Mar. 29

24

Nov. 16

24

Apr. 28

30

Nov. 12

30

Apr.

1

35

June

Mar. 25

12
90

Mar. 31

2 101

15
Nov, 14

83

June 23 100

Nov. 12

15

Mar. 29

May

5
Dec.
2
Dec.
Dec. 12
9
Dec.

29

Dec.

1

30)4
2334
8034
834
8)4
1234

Dec.

19

73

Dec.

1)1

8?*
140
10

14

14

1
Mar. 25
11)4 Nov. 30
Dec.
5
5 111
May
Dec.
2
Jan.
8 161
Mar. 26
20)4 Oct. 25

Mar. 19

80

15

554 Mar. 26
1
1154 June
102

Mar. 16

1
48)4 Apr.
17)4 Mar. 31
Mar. 30

6

46)4 Jan.
83)4 Jan.
5

4

26

Mar. 31

3

Mar. 29

5

Mar. 30

)4 June 15
634 Mar. 30
12

Dec. 28
Dec. 31
5
Dec.
5
Dec.
Dec. 10
19

fvX

35
2)

44

*130
48
141

Dec. 20
32)4 Dec. 24
6
3134 Dec.

9634
954
1034
15)4

Dec.
Dec.
Dec.
Dec.

21

15

13

6

20)4 Dec. 24
3534 Dec. 30
44

28H Mar. 25
19)4 Mar. 31
28

June

42

Mar. 28

1

6

6)4 Mar. 30

7454 Dec. 17

2 106

Dec.

Dec.

1 130

Dec.

12
Dec. 27
Dec. 27 100
9

15

14

21

Dec. 28

90

5

Dec. 28

8634 Dec. 13

Dec. 23
Dec. 27

Dec,
Dec.

17

46)4 Mar. 30
4
534 Feb.

63
8

Dec.

16
9

13)4 Dec. 15
854 Dec. 31
86)4 Dec. 13

Dec. 30

Sept. 30
Nov. 12
Oct.

Feb.

4

Nov. 16

Nov.

9

Apr. 25
7
554 July
1634 Nov. 12
3)4 Jan. 17

98

Jan.

17

Dec. 31

4)4 Jan.
11)4 Jan.

11

21

5754 Nov. 10
July 23

15)4 Nov. 10
52)4 Nov. 9
6

4834
3034
3554
3554
9634
1154

ii*

10

Mar. 31

June

17

Nov. 15

19 140

15

Dec. 22

Nov. 10

1154 Dec. 27
July 13
Aug. 24

11

Mar. 29
Mar. 31
Mar. 30

16

11)4 Dec.

Jan.

254 Oct.

31
28

36H Mar. 31

Feb.

19

9 164)4 Oct.
9)4 Oct.

Mar. 25

Jan.

25

Jan.

654 Mar. 31

132

27
15

10

334 Mar. 31
2

12

18
29
20
13
14
14
10

29
Mar. 31 185
May 27 70
Mar.

6

19

Nov.
Nov.
July
Jan.
Jan.
954 July
35)4 Nov.

7254
105)4
^
954
5354
354

1
26

29

7334 Dec. 19

99

ar.

10
Mar. 29
6)4 Mar. 30
2
Mar. 26
15
Mar. 26

Dec. 15
6
Dec.
Dec. 31
2
Dec.
1
Dec.

30

Apr.

2

7

14)4.Dec.

6

Oct.

Aug. 31

1354 July
25)4 Jan.
108
May
66
Aug.
35 54 Oct.
18)4 Oct.

Mar. 29
1034
H54 Mar. 31 3054
60
Mar. 25 11934
Feb.
135
8 146
June 17
95
Mar. 30
1954

17

Dec. 21

71)4 Dec.

Apr.

Mar. 30
2
354 Apr.

23

Dec. 31

Dec. 31
Dec. 15

1
19

Nov. 29
Oct. 19
Dec. 27

Oct. 25
60
Mar. 28 10534 Dec. 14
Nov.
3
Sept. 28

40

14)4 Dec. 29
5134 Dec. 29
4

25

Dec.
Jan.

Dec. 29
4254 Mar. 31 87
12654 Jan. 19 135)4 Dec. 20

Dec.

7

June

75*
111*

7654 June

Dec.

85

3454 July

Apr.
3
4)4 June
50)4 Mar. 31

11

11

Jan.

7 140

120

1954 Dec. 14 21
120)4 Dec. 13 124

9

H8

June

Dec.

6

Nov. 15

5

Mar. 30

1154
4254
2)4
3954

100

Sale
Sale

8

80

51)4 Dec.
2 5654 Dec. 29
13354 Dec. 31 135)4 Dec. 20

Sale

' 9334

7

Mar. 25

•15

13H
234
2234
17534

105
Sale

95

6)4 July

14

3

16

65
Dec.
60
Dec. 12
Sale
63)4 Sale
1
1934
1934 Dec.
17)4 Dec. 28
18)4
19)4 Sale
7 12154 Dec.
7
12154 12154 Dec.
12154 120
Sale
11
Dec. 30
10)4 Sale
854 Dec. 21
934
2254
22)4
1754 Dec. 19 21)4 Dec. 30
19)4 Sale
2
19)4 Dec. 12 2154 Dec.
20)4 Sale

13)4
87

12

Dec.

64

99

10

Jan.

28

Mar. 28

1
93)4 Dec.
4
Dec. 27
1454 Dec. 29
1
254 Dec.

5

126

Sale

130

J*

12^

31

Dec. 19

354 Dec.

14

Dec.

Oct.

it;

90

3054

June 30

Jan.

Mar. 31

Dec.
Dec.
Dec.
Dec.

Sale

Sale

Nov. 14

13

9454
1654
534
9)4

Sale

Sale

13
31

22

10
5

14

Dec.
Oct.

4

Feb.

Dec. 271
Dec. 15
3
Dec.
Dec. 30

454 Dec.
734 Dec. 21
2
2654 Dec.

Sale

Jan.

32

1154
9
834
10
26)4
5 11934

27

18

July

754 Mar. 31

1

20)4 Dec. 24
3534 Dec. 30

5

Sale

2)4 Dec.

5

Nov. 12

Apr. 12 142
50
6
35
July
13 54 Mar. 30 28)4
34)4 Mar. 29 50

2054 Mar. 30

Sale

Sale

15

19

Nov.

122

Dec.

Dec. 24

94

14)4
12)4 Sale
5054
45)4 Sale
4
3)4
3)4
r40
40
42
29
Sale
3054
3154 32)4
30
Sale
85
87
93
9)4
854 Sale
9 54 Sale
954
15
Sale
H*
73 •
79)4 76
10
10
11)4
20
20 H
21

Oct.

July

24)4 Dec. 29
1554 Nov. 14
3054 Dec. 30

3

23)4 Mar. 30
7
1
May

1434 Dec.
23)4 Dec.

Sale
Sale

Jan.

9)4 Mar. 30
1254 Mar. 31
8
23)4 Apr.

Dec. 24
8)4 Dec. 30

148

5634

20

30

34

154 Dec. 20

133 54

May 26
5
Apr.

9

Sale

*53 % Sale
132"
135

if*

5034 Dec. 15
2
154 Dec.
6
534 Dec.

2

2)4

Mar. 30

2

Sale

26

Mar. 31

Dec.

2)4

Sale

8)4
2)4
14)4
2254

234 Mar. 31

10 118

7

4

2 54
52)4
54

9

Nov.

18

31

32

Sale

15)4
6954

85

26)4 Oct. 17
6834 Dec.
7
Mar. 31 3834 Dec. 29
Dec. 30
June 17 108
Mar. 30
6)4 Nov. 14
Mar. 30 7254 Dec. 15
2
Jan. 12
Mar. 29
June

32

Jan.

Sale

23

1

Jan.

Sale

Sale

Apr.

154 Mar. 26
2)4 Sept. 26
60)4 Apr. 26
10
Mar. 31

17

8

Sale

37

98

1

6

34

Sale

1554 July 19
67
July 20
28)4 Nov. 9
51)4 Jan. 19
354 July 18
3)1 Jan. 11

Mar. 30

50)4 Dec. 19

9

1554 Dec.
Dec.
6
6 107)4 Dec.
107)4 Dec.
6034 Dec. 10 6454 Dec. 30
31
Dec. 28
3254 Dec. 29
3334
2
14
Dec.
17)4 Dec. 30
Sale
*69

13

Dec. 30 111)4 Dec. 21
1
934 Dec.
Dec. 28

Dec.

"6454

4954 Sale

"11)4
13

1

9

120

20

74)4

Dec.
Dec.

3154 Dec. 31

28 Ill

Sale

101

31

Dec. 19

8

117

50)4 Sale
76)4 Sale
123
71

13

2
33)4 Dec.
12)4 Dec. 14
6
1634 Dec.

1 140

I*

Dec.

30

Dec.

8

1

7
Dec.
Dec. 20
Dec. 27
Dec. 30

138

71
68
71
103)4 105)4 103)4 107
8

10

29)4
3234
1054
1554

9

3?*4

31

30

Dec.

8 100

64

1

22

Dec.

Sale

1

17)4 Dec. 14

Dec.
Dec.

Mar. 29

5

3734 June 18

2

5)4 Dec. 31

98

70

154
5)4
33)4

18

18

28

86

2

2
28
Dec. 31
25)4 Dec.
7
41
Dec.
7
40
Dec.
8
22
Dec. 14
1934 Dec.
8 *1254 Dec. 15
11)4 Dec.
1
1)4 Dec,
Vs Dec. 16

Sale

104)4

Sale"

New

200

Sale

13

2
Dec.
5
Dec.
Dec. 27 25
Sale
Dec. 16 185
Sale
55
Dec. 28
61H
Dec. 29 16454
157
159)4 158
164
Sale
5
6)4 Dec.
754
754 Sale
6)4 Sale
334
254 Dec. 22
3)4 Sale
3)4
354
8)4
754 Dec. ■28
854
854 Sale

*
1,036,400 Inter take Iron..
107,600 Internat Agricultural—
Prior preferred...
100
31,800
*
70,000 Int Business Machines
•
796,800 Internet Haryester,.—
7% preferred
100
10,950
541,900 Internet Hydro-Rlec Sys A.25
119,700 Internat Mercan Marine....*

Internat Nickel

Sale

Dec.

Sale

5

Inc.—.1

5,430

2,716,410
5,800

40
Sale

20

2354 Dec. 22
13654 Dec. 20

Sale
454
754
9)4 Sale
28
2754 Sale
9154
93)4 Sale
3)4
354
4)4
1454
1354 Sale
254
254 Sale
23
2554 2434
176)4 Sale 185
60)4
60)4 Sale

Copper—20

Insuranshares Ctfs

72)4 Sale

8654 Sale
1554 Sale

-*

Steel

Inspiration Cons

48
Sale

132
134
133
13254 134
55
55
57)4
58)4
56)4
10354
104 H Sale
10354 105
21
1734
18
20)4
19)4
4454
5054 Sale
4754 Sale
109
113
107)4 109
108
754
9)4 Sale
9)4 Sale
1234
14)4 Sale
1554 Sale

150

preferred.—-—-100

Sale

137

23

134
12
18)4
2654
2454
1554
3054
2854
142'

13
12
19

105

20)4
15)4 Sale
35)4
2454 Sale
41
43)4 r43)4
8)4
9)4 1154
754
8)4 rl
2454
2554 Sale
111
Sale
119)4

100
4% pref series A..-----100
Leased line 4%.—---100
RR sec stock ctfs sat A 1000
Indian Refining—. ...—10

Illinois Central

Sale

5)4
72
74)4 7234
334
3)4 Sale
10534
10754 Sale
Sale
11
1034
110
11034 105
15934 158
1434
16)4 Sale

158

41)4
50)4
84)4 Sale

22

1834

19

98)4
31)4
138)4
r554

11)4
105)4

16

Dec. 21
5

Sale

100

4)4

Sale
129

5)4

1554

102

52

14

12

75*

L25

1

32)4

138

Motors—.....—*

19)4
12 H

30

28)4

—25
100

*
148,050 Hercules Powder
4,480
6% preferred...——..—100
*
6,600 Hershey Chocolate.....

21

100
98

100

w—-.100
—2

(G W)

Sale

28)4
33)4
1154
16)4

Co—.......—25
Products Corp
1

7% preferred.....—

J

454 Sale
21)4
19)4

Hazel-Atlas
Hecker

38

Sale

15

—1

A

Sale

12

40

2754

41

35
20 54

preferred---—-.—-100

Hat Corp class

2354 Dec.

14)|
29)4

25)4 Sale

—

Refrac

13

Sale

Sale

135)1

7)4 Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

3

Sale

18)4
26)4
24 54

49)4

14)4 Dec. 30
6034 Dec.
3
25)4 Dec. 15
48
Dec.
7
2)4 Dec.
7
254 Dec. 31
78
Dec.
7
25
Dec. 15
68)4 Dec.
7
3834 Dec. 29
108
Dec. 30
554 Dec.
7
7254 Dec. 15
154 Dec.
1

21
22
28
20
28
28

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Sale

Sale

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

6)4
134
10)4
1654
23)4
2254

Sale

ii* ll*

—25

6% preferred...—
Cs Z* pref

1*L

7)4

654 Sale
1)4
11)4
18)4 Sale
2654. Sale
2354
23)4
14)4 Sale
25)4 Sale
2854 Sale

4)4
154
11)4
13)4.

—25
1®

Hanna (M A)

rl*

75
Sale

11,300 Hamilton Watch...
1,640

108)4

Sale

Highest
Sale Prices

64
Dec. 29
2154 Dec.
2
63)4 Dec. 13
3154 Dec.
2
101
Dec.
1
454 Dec. 27
'254 Dec. 15
1
Dec. 19

66)4
24)4
r6454

Sale

preferred.————100

8,500 Hackensack Water
Preferred A..
20,310
83,200 Hall Printing

254

Sale

Goodrich (B F/_.

Lowest
Sale Prices

1134
5534
2234
47)4
234
2)4

Sale
46

Highest
Sale Prices

31

Aslc

Bid

Gold & Stock Tele*

104,900
$5 preferred.
*
1,713,300 Goodyear T ft R—
$5 preferred
56,900
*
*
80,600 Gotham Silk Hosiery..
Preferred
—-—100
1,560
699,700 Graham-Paige Motors..—.1
Granby Consol Mining
290,200
Smelting 8c Power Ltd..-.5
1
36,000 Grand Union Co (The)
38,900
13 cony preferred series...*
*
63,900 Granite City Steel
10
89,600 Grant (WTK.
30,100
5% preferred......——20
190,200 Great Northern It ore prop. *
..10«»
1,266,990 Great Northern pre#
— *
91,700 Great West Sug
Preferred
1®°
3,780
170 Green Bay fie Western RR.100
-A
121,800 Green (H L) Co—
610 Greene Cananea Copper.. 100
2,154,800 Greyhound Corp (The)...—*
169,100
5)4% preferred
..—10
37,700 Guantanamo Sugar......
1,820
8% preferred
100
23,300 Gulf Mobile 8c Northern-.100

Lowest
Sale Prices

Dec.

Dec. 1

—*

708.700 GImbeJ Brothers....

1,249,700

1938

STOCKS

1938

33,500
246,000
8,200
102,300
104,600
970

YEAR

RANGE FOR

PRICES IN DECEMBER

SALES

12 Months

35

EXCHANGE-STOCKS

8

Jan.
Jan.

21
21

Nov. 25
Jan.
Nov.

24
3

Dec. 21
Oct.
Oct.

6
8

Nov. 12

Nov. 17

P
24

113)4 Apr. 30 124

July

25

Jan.

15
4

Nov.

Mar. 30
7454 Dec. 17
Mar. 29 111)4 Oct. 14
Jan. 24 130
July 7
1
Jan. 10
78
4954 Apr.

nH
122

ill*
ii*

Mar.
Mar.

2I

Mar. 29
Mar. 29

11

Dec. 27

n

24)4
123

13)4

li*
22

Dec. 27

100

12
Dec. 27 100
6
16

10)4 May
63
Apr.

5

454 Mar. 29
3

80

1454
10)4
6 100

Mar. 26

Jan.

91

July 20
Oct. 18

July 25
July 21
Nov. 14
Dec. 23

Dec. 27
Nov. 16

Nov. 29

Oct. 24
Oct. 19
Oct. 5

36

N. Y. STOCK EXCHANGE—STOCKS

AGGREGATE

SALES

In

12 Months

December

PRICES

STOCKS

1938

Share?

191,700
8,800
1,200
3,500

Shares

1,500

32,200
300
2,400
36,200
2,500
650

12,500
600

21,800
8,400
90

23,200
27,500
12,100
30,000

4,800
4,900
33,700
11,800
1,500
6,100
19,200
500
600

13,200
4,5.i0
10,200
94,200
5,100
142,700
27,300
4,500
7,200
340

23,900
380

7,100
14,700

Par
—

18,200 Kimberly-Clark
20,830 Kinney (G R)........
640

10,190

*

Dec. 1

..*

$5 prior preferred.....

Laclede Gas

*
10
1

11.600 Kreage Dept Storea
25,100 Kress (S H) Ac Co new
265,400 Kroner Grocery Ac Bak

5% preferred

Lambert Co (The)..
....*
Lane Bryant
.........*
Lee Rubber Ac Tire..

....5

Lehigh Portland Cement..25

4% con* preferred......100
Lehigh Valley
50
Lehigh Valley Coal
*

H 2i*
48*

¥

Sale

1534 Sale
5

'

534

Sale

145* Sale
15
25

115*

Sale
35
Sale

P
96

conr

..50

preferred.*

55*

12
Sale

100
Sale

1

Lehn & Fink Products Corp.5
Lerner Stores Corp
*

Llbbey-Owens Ford Glass...*
Llbby McNeill At Ubby
•

34

Corp
5
Liggett Ac Myers Tob com..25
....25

Series B
Preferred..

.......100

*
*
*

Liquid Carbonic new
Loew's Incorporated
16.50 preferred

*
*
....*

Loft Incorporated
Lone Star Cement

*

Corp

Long Bell Lumber A

•
....25
.....

Loose-Wiles Biscuit

100
10

5% preferred
Lorillard (P) common..

88

i9«r
m

Sale

2534
8834
Sale

170

1634
Sale

383*

3634
1734

Sale

45

Sale

105

3^
it*

1053*
Sale
Sale

Sale
Sale

10334 106
1634

Sale

..100

Preferred

131

*

16

Sale

Sale

Louisville Gas Ac Elec A

100

51

10

650
6% preferred.......—..—*
272,800 Mack Truck Inc..........
*
409,100 Macy (R H) Co, Ine
•
95.500 Madison Square Garden....*
94,600 Magma Copper
.........10
69,400 Manatl Sujar Co
1

1353*

29

293,800
5,500
14,500

13,204
220,720
22,100
60,600
445,700
35,420
404,300
1,710,100
293,800
73,300
135,000

10,700

101,000

1,274
21,600
3,100
4,500
63,600
2,340
35,200
219.300

250

16,300
12,800
1,900

"""170
13,000
17,600
200

6,900
5,100
21,500
36,100
6,400
600

11,300
80

11,600
400

7,300
11,100
2,200
330

9,100
22,500
27,300
5,300
485

8,800
170

19,000
500

2,300
1,600

7,150
5,600
39,300
45,200
11,900
22,000
5,800
22,400

1,710
168,350
1,600
1,930
10,500
10,200
9,400
15,000
1,550
2,200

3,600
390

23,150
1,400

Louisville Ac Nashville

Mandel

*

Bros

tManhat'n Ry Co. 7%
Mod

5% guar

gu.100
..100
.....25

Manhattan Shirt
Maracalbo Oil Exolor

Marine Midland

1

Corp..I

Market Street Ry pr

5
pref.100

Marshall Field Ac Co

*

Martin (Glenn

1

LY Co...

Masonlte

•

Corp..........—*

Mathleaon Alkali Works

*

......

870

Ask

43 3*

Sale

113* Sale
263* '27 3*
2
23*
323*
223*

27
Sale
44
Sale

Sale

Sale

rl5

Sale

213*
43*
263*
203*

Sale

3034
1213* 125
18

Sale

2634 Sale
1034
103*
233* Sale

"63*

123* Sale
6
63*
10
Sale
13* Sale
6

Sale

73*
73*

Sale
Sale

203* Sale

Sale

86 pref series A
*
85.50 pref ser B w warr..*

5,500
44,000 Melville Shoe Corp
..*
133,000 Mengel Co
1
24,190
5% conv 1st pref..
50
3,940 Merch At Min Transp Co....*

63*

Sale
Sale

8

23*

3

Sale

3134 Sale
223* Sale
1533* 157
343* Sale
5

203*

Sale

25

80
783*
133* Sale
8

73

13
113*
s8j* Sale
403* Sale
20

Sale

c&K
29

Sale

7

293*

53 3*

343*
983*
983*
1743*
173*
353*
48

183*
583*
109

80

it*
Sale

Mar

18

Mar.

30

Mar.
May
Mar.
Mar.

17

*255*

Oct. 13

Jan.

120

Oct. 11

Sale

aVA

Sale
Sale
Sale
Sale

150

163*
493*
28

Sale

Sale

108
Sale
Sale

29

1213*
283* Sale/
43 3* Sale
183* Sale
353* Sale
Sale

1?"
li*

8

Sale
Sale

13*
53*

Sale

Sale

113*
323*

Sale
Sale

63*
543*

Sale
Sale

...

£333*

Sale

162
49

Sale

53*
27

6
Sale

94H 105
Sale

11"
1»»

Sale
98

Sale

353*

.! y»
37

890*
11"
67
48

Sale
164

493*
53*

263*

8,200
10,260
212,400
123,300
161,900
194,900
12,930
15,200
32,400
4,630

Morrell (J) At Co
Morris Ac Essex..
Motor

•

Sale

89

92
Sale

203*
10

Sale
Sale

533*
173*

Sale

11
Sale

Sale

Sale

373*
Sale
95
Sale
75
68
Sale

113

Sale

9

903*

11"

95

51

23*
83*
3*
13*
173*

preferred.

5% preferred

393*
Sale

143*
Sale
Sale
Sale
Sale

18
Sale
Sale

843*

see page




40.

7

15

30
1

15

8

1
1

Dec.

5

6
10

2K« Dec
63* Dec

19

Dec.

523* Dec.

5

58

Dec

15

323* Dec.

7

363* Dec

%

Dec. 12
103* Dec. 24
93* Dec. 20

97
Dec
12 3* Dec

90

92

Sale

17

5
183* Dec.
93* Dec. 22
Dec. 12
Dec. 28
5
Dec.
5
Dec.
Dec. 22

493*
143*
73*
363*
83*

19

143* Dec.

1

Dec. 20
5

Sale

5

513* Dec. 28

8,
3*

f>A

143*
23*

Sale

93*

Sale

Sale
Sale
Sale
Sale

Dec.

15

Dec,
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
143* Dec.

9

3*
3*
123*
13*
73*
3*
13*

Sale

102

Dec.

Sale

114

Dec.

Sale

6

19

13
13

15
6

47

Sale

58
109

Sale

48

51

Sale

Dec.

0

27
14

363* Nov. 24
165

Feb.

23

53

Oct.

25

June

41

Nov. 16

5

Mar.

115* Nov. 10

Dec

70

Dec

19

83* Dec

92

Dec
Dec

67

543* Dec
63* Dec

Apr.

63* Mar.

95

Apr.

80

Jan.

73

323*

Apr.

33* Mar.

Nov. 16

Nov.

153* July

55
50

20
Nov.
4

575* July 27
75* Nov. 16

May

30

Dec.

163* Dec

11

June

41

Dec

263* Mar.

123* Dec
163* Dec
283* Dec

53* Mar.
125* Mar.
153* June
76
Apr.
463* Jan.
100
Apr.,

163*
473*
143*
225*
303*

Dec.
July
Oct.
Jan.
Nov.
July

Dec

63* Dec
533* Dec
3* Dec
3* Dec
3* Dec
143* Dec
23* Dec
93* Dec
3* Dec
2

Dec

4

Mar.
Mar.

35

111

92

8

723*

Oct. 13

Jan.

10

5*
103*
13*
43*
3*

Dec.

15* Jan.
July

25

May
Mar.
Mar.

Dec.

13* Dec.

Jan.

12

21

2

Jan.

3

Jan.

8
11

25

Mar.

225* May
25

Mar.

103* Mar.
8

Mar.

115* Mar.
4

26

Mar.
Mar.

Apr.
343
95
4

ar.

Apr.
Mar.

375* Mar.

13

Jan.

110

Mar.

11

July

,r

1173*
543*
383*
403*
22 3*

•J.»

17

Juiy 19

Dec.

Jan.

Dec
Dec
Dec
Dec
Dec

14
28

Feb.

May

Dec

17
11

4

67
111

42

17

12

25

Oct. 22

£117 Nov.

1 110
Dec
8 1153* Dec

8

7

22

Oct.

14

Dec

30

10

13

Oct.

27

Jan.
Mar.

Dec

11

533* Dec

123*
583*
1073* Dec. 24 1103*
73* Dec. 27
83*
£46
Dec. 14
523*
Dec.

Oct.

103* Dec

10
7

203* Dec

113* Dec. 28

54

.1*

37 3* Dec

Mar.

34

Sale

Sale

11

353* Mar.
133* May
53* Mar.

20
75

61

Sale

563*
1083*
83*

Sale

Jan.

July
6
143* Nov. 10
375* Dec. 30
2% Dec. 19

18

27

Dec

Sale

Sale

,iI

23

123* rl2H
583*

Sale

6

193* Mar.
Aug.
283* Mar.
33* Mar.
163* June

156

10
22

103* Nov. 9
203* Jan. 13
103* Nov. 9
16
July 23
23* Jan. 11

Dec.

40

15

6

Mar. 29

27

Nov. 10
Nov. 10
Nov. 22
July 27
Oct. 27
Jan. 12

12

Sale

263*

183*
153*
283*

Dec.

May 24

16

26

Jan.

373*

19

ig
25

21

133*
923*
203*
123*
533*
265*
95*

Sale

18

Dec. 22

53* Mar. 30
143* Mar. 30

3.0

16

aIA
42

Sale
Sale

Mar. 26
Mar. 26
Mar. 30

13* Mar 31
Sept. 14

iff

7

97

2 £533* Dec
473* Dec.
Dec
313* Dec. 12 34
30
Dec. 20
383* Dec
163* Dec. 28
183* Dec
3
133* Dec.
155* Dec
9
253* Dec.
293* Dec
5
Dec. 22
73* Dec

363*

ri

Mar. 30

173* Dec

28

Dec.

32
Dec.
Mar. 30 126
Jan.
Mar. 29
323* Nov.
U H Mar. 30
493* July
Mar. 26
195* Oct.
Mar. 31
18
405* Nov.
Mar. 29
23* Oct.

Mar.

Dec

Dec. 27

Nov. 10

25

193* Oct. 17
575* Dec. 30

Mar. 29

6

14 113

Dec.

Nov. 10
Dec. 15

116K

123* Dec

Dec

|

7

Apr.

123* Mar.
295* Apr.

I*

11
22

154

June

July

Mar.

Dec. 21 111
5
Dec.
86

*

21

30
17

9
Nov. 14

Apr.

113* Dec

38

1

Nov.

53*
233*
107J*
213*

133* Mar.

22

6

Nov. 26

9
Oct.
63 5* Oct.

Mar.

83* Mar.

70

Dec. 27
593* Dec. 23
3
47
Dec.
9
53* Dec.
263* Dec. 20

30

Dec.

3* Mar.

125

25

Dec.

73* July
8
285* Dec. 27
21
Apr. 22

103* Dec. 28

80

Sale

1153*
513*

13

493* Dec
63* Dec
283* Dec

106

3*

S*
Al"

9

453* Dec. 13
6
43* Dec.
253* Dec. 12

L

For footnotes

19

31

29

Sale

5

50

30
30

Dec
373* Dec

Sale

109

Sale

Sale

Dec

7

7
1
1

Dec.

9

36

105

92

22

383*

100

15

Dec. 30

July

50

23* Mar.
143* Mar.

103* Dec.
153* Dec.

37

397,050 Murray Corp of America.. 10
8,000 Myers (F E) Ac Bros
•

31
1

1

Sale

102

113*

Dec

31

1113* 110

1153*
493*

54

8

July 25
Jan. 12
Jan. 13

213* July 21
623* Nov. 12
1115* Oct. 26

Mar.

26

Dec

63*
r523*
3*

Sale

Sale

99

31

253* Dec.

36

*

33

Dec

Mar.

13

10§^

29

102

123* Mar.

6

Sale

37

•

1

13
6

15* Dec
53* Dec

Dec.

29

Dec

July 20
Dec.

103 3*
1765*
185*
403*

Apr.

143* Mar.
203* Mar.

Dec

1

Dec.

157

31

Sale

32

_*

31

6

105

111

Sale

conv

383*
113*
163*
r273*

Sale

13 3*

Sale

Dec

67

70
67

Sale

Sale

1

12

173* Dec
93* Dec

92

Sale

._.*
...

Dec

13 3* Dec

Sale

c

Sale

1

87

Sale

3*

Sale

Mueller Brass Co

Munsingwear

Sale
Sale

60

53

Sale

Sale

6

12

12
Nov. 12

July 25
143* Nov. 21
353* Oct. 21
583* Nov. 10
9
July 10
375* Nov. 3

813* Mar.

Dec

Jan.
Jan.

29

Mar.

31

Dec

Dec. 15

5

75*
13*
53*

Mar

81

Dec

Dec. 28

115

53*

Sale

Mullins Mfg Corp class B

Murphy Co (G C )

Sale

Sale

105

Sale

25

30

85* Dec
603* Dec

10

93

123*
103*

a24,*
Sale

50

Products..'.

Motor Wheel

11
27

1093*
813*

Sale

1

31

163 3* Dec. 29 1643* Dec

493*
Sale
32
93

91

Sale

SH

Sale

Sale

57

163

96
Sale

13*

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

.

315* July 23
213* Nov. 1

M

Dec.
Mar.
Mar.
Mar.
Mar.
Mar.
Dec.

Dec
Dec

12* Dec.

Sale

Sale

Dec. 17

63*
57
33*
183*
1043*
203*

26

Mar.

3*
1J*
193*
65*
1934
23 3*
53*

Dec

31

53*

5
256,700 Mid-Continent Petroleum.10
109,400 Midland Steel Products
4,855
8% 1st preferred
.100

52

30

11

Sale

17,200
86.50 pref
*
15,800 {Minn St Paul At S S M...10U
5,800
7% preferred
...100
14,500
4% leased lines
100
50,800 Mission Corp
»
133,500 Mo Kan-Texas
334,700
7% preferred series A...100
47,600 {Missouri Pacific
.100
125,840
Convertible preferred.. 100
82,900 Mohawk Carpet Mills
20
217,300 Monsanto Chemical Wks.-lO
5,320
84.50 pref
*
2,337,150 MontgomervWard At Co.
..*

Dec

1

13* Dec. 14
43* Dec. 19
53* Dec. 22

Sale

8

15

Sale

B*

6

11

Sale
Sale

100

5

2

8
123* Dec.
73* Dec. 28

133*

41

Implem.. 1

3

7

Sale

Pow

31

Dec.
32
Dec
Dec. 19 1243* Dec
Dec. 28 295* Dec
Dec. 28 433* Dec
18
Dec.
1
193* Dec
5
343* Dec.
383* Dec
2
Dec
13* Dec. 28

Sale

Moline

95

283*
1243*
263*
383*

...5

Minn

20

28
193* Sale
203* Dec
Sale
17 1073* Dec
13
213* Sale
213* Dec
Dec. 16 150
Dec
1463* 1483* 145
163*
163*
153* Dec. 27
163* Dec
5
"73* Sale
463* Dec.
573* Dec
106

27

265,800

Dec. 23 118
Dec
8
4
Dec.
53* Dec
3* Dec. 17
Dec
23* Dec. 10
33* Dec

99

Sale

26

*

15

31

Sale

133,600 Minn-Honeywell Reg Co
3,610
4% conv pref ser B

29

115

513*
63*

Sale

303* Dec
243* Dec

83*
33*
103*
133*

Dec

4

Oct. 25
July 13

8

?8*

Mar

123* Mar 31

1

Sale

3
Jan. 22

15

Dec. 22
Dec. 28
5
Dec.
5
Dec.

Dec

2

Sale

8

Dec.

1

503*
63*

Kami Copper

22

195*
223*

30

Sale

Sale

27

Dec

83*
603*

35

Mar. 30

Dec
53* Dec

6

Dec

105

30

153* Mar. 31
23* Mar 26

9

143* Nov. 12
July 19
33* Juiy 25

3

Dec

253* Dec.
113* Sale
103* Dec. 28
r303* Sale
293* Dec. 21 323*
5
543* Sale
513* Dec.
543*
Sale
63* Sale
53* Dec. 20
63*
36
35
Dec. 19
363* Sale
363*
Sale
6 102
1013* 1023*
983* Dec.
Sale
98
Dec.
1 1033*
1033* Sale
180
170
Dec. 13 1763*
1753* 175
18
183*
163*
163* Dec. 22 173*
Sale
33
Dec. 10
393* Sale
393*
Sale
43 3* Dec. 21
453*
453*
48
Sale
2
183* Sale
183* Dec.
193*
Sale
50
Dec. 17
543* Sale
605*
Sale

Feb.

183* Dec
213* Dec
53* Dec

Sale

110

63*
583*
33*
203*
.053*
213*

19

13* Mar. 29
125* Jan.
7

34

Sale

113* Sale

43* Dec. 28

Sale

32

Sale

793*

13 3* Dec. 27
183* Dec. 21

Sale

27

3

Dec

Sale

Sale'

35

Dec.

2

118

Sale

5

33*
253*

35

265* May 27
63* Mar. 31

113* Dec

12

112

Dec. 15
Dec
Dec
Dec

203* Dec

193*
203*
153* Sale
53*
43*
303* Stile
223* Sale

113

44J*
123*
273*
23*

Dec. 28
Dec. 16

Sale

53*

Dec. 28

113* Dec. 27
243* Dec. 22
13* Dec. 28

83*
173*
143*
43*
243*
203*

Sale
Sale

41

Highest
Sale Prices
51
Oct. 15

Dec. 21

16

Sale

Sale Prices

Dec.

11

24

Lowest

Sale Prices

19

Sale

213*

Highest

Sale Prices

25

63*
273*
143*

89,000 Mesta Machine Co

1938

27

Sale

505,300

YEAR

Sale

113*
193*

2

"63*

Sale

Rights
Martin Parry Corp..

900
7% preferred...........100
110,700 May Dept Stores
.......10
113,000 Maytag Co (The)
*
•
23,300
$3 preferred w w.
.*
80
83 preferred ex-warrants..*
1,510
86 1st preferred
..*
72,900 McCall Corp
..———.*
181,700 McCrory Stores
1
3,000
6% conv preferred
...100
100,600 McGraw Electric Co
1
39,100 McGraw HUI Pub Co
•
350,100 Mclntyre Porcupine Mines..5
300,100 McKeesport Tin Plate.....10
389,500 X McKesson At Robbtns.
5
62,400
83 conv pref
....*
147,100 McLe* an Stores Co....
1
1,590
6% conv pref...........100
134,100 Mead Corp
....*

100

153*
203*
53*
26 3*
203*

Lowest

Sale

30

Sale

Life Savers

44,000 Link Belt Co

8,400

43 3*
123*
243*
23*

Sale

33* Sale
24 X Sale
93* Sale
23
243*

16,000 MacAndrews Ac Forbes Co..10

200

Ask Bid

53*

2,300

21,400
34,000
11,700
7,100
9,700

Bid

Dec. 31

.

6%

12,200 Lily Tulip Cup Corp
150,500 Lima Locomotive Works
132,700
694.700
14,300
1,819,500
331,300
121,000
47,500
5,320
236,100
9,340
47,900
91,000

20

Sale

„

267,800 Lehman Corn (The)

67,300
60,500
453,900
92,700
23,500
35,600
134,200
9,200

35 H

24
*

100
.......100

Light

Ask

Bid

-.1

8% preferred

278,300 Kresge (S S) Co

13,820
10,930
102,100
6,000
173,100
79,400
1,750
215,000
75,600
54,100

RANGE FOR

Jan. 3

1938

2.147,500 Kenoecott Copper
•
121,300 Keystone Steel Ac Wire Co..*

290

IN DECEMBER

Price

H. Y. STOCK EXCHANGE

20

\VA

32

Nov.

4
Dec. 31

Sept. 22
Oct.

Aug.
July
Nov.

3
25
9

Oct. 13

85* July
64 5* Jan.
153* July
625* Oct.
1105* Dec.
Ju,y

n*

13

Nov. 15

20
13

22
21

19

27

July 29

N. Y. STOCK

JAN., 1939]
AGGREGATE

SALES

In

December

N. Y. STOCK EXCHAN OE

400

5,700
700

3,600
27,500
91,400
250

350

10,300
2,400

36,000
2,100

75,400
49,400
900
1,000

16,500
49,100
33,700
43,500
9,900
3,800

llJOO
6,900
700
100

3,900
240

45,300
7,600
296.600

12,900
29,800
18.200

1,320
2,360
400

"""loo
52,900
30,300
10,900
72.300
2,650
.1,500
4,300
470

202.000

4,300
268.400
1,900

1,211,100
16,860
187,800
334,100
806,500
10,600
38,600
4,100
12,500
384,200
638,650
3,060
4,690
134.700

320

10,300
370

141,600
17,900
21,800
530

2,800
40,800
130

41,500
3,300
1,800

Naih-Kelvlnator

Sale

9 VI

Sale
175* Sale

5

National Aviation Corp..

National Biscuit..........10

Nat Bond 8c Investment Co.*

5% pref series A w w—.100

78

235$

Nat Bond & Share
Nat Cash

15

1075$ 111

122,600

31,600
400

13,000
2.700
140

347,200
9,500

31,400
800

21,900

7,000
3,100
3,700
88,100
15,500
2,200
25,300
2.500

6,500
2,300
2,500
20

202,800
1,700

800

3,050
2,700
1,640
100

18,500
3,600
105,200

Si*

iSM

Preferred

7,460

—

730 Northern

100

..

Sale
Sale

365$
35$
85$

Sale

Sale
Sale

"57"
Sale

Sale
Sale

Sale

Sale

Sale

Sale

17,170 Pacific

*

(Cal).lO
25

.100

6% preferred

10.500 Pacific Tin Corp (sp stk)...*
..10
61.700 Pacific Western Oil
Packard Motor Car

•

Pan American Airways

5.400 Pan

94
6
Sale
Sale
49
Sale
45

114

595* Sale
95$
95*

12

87,600 Pacific Lighting Corp
*
84,400 Pacific Mills
6,880 Pacific Teleph At Telegr..l00

1,789,800
31.600

Sale

44

256.100 Pacific Gas & Elec

4,290

Sale

45
13

*

Finance Corp

Sale

127

4

iS*

Sale

1335$ 140
12

Sale

4

Sale

Corp 5

Amer Pet Ar Trans

...5

"75$ ""95$

136.400 Panhandle Prod & Ref__ ...1

33,300
1,030

Paraffine Co Inc

*

...

4% conv preferred..
.100
1
2.404,600 Paramount Pictures......
1st preferred...........100
51,300
2d preferred..........
10
278,600
1
19.500 Park & Tilford
I
366.000 Park Utah Cons Mines
9l ,000 Parke, Davis Ac Co

*

345*

*37""

95$

1005$
Sale

82

105$
22

88

Sale
24 5$
Sale

318

Sale

2.50

175$

Sale

»
800,600 Pathe Film Corp
215,500 Patino Mines Ac fint Cons _.*
•
30,400 Penlck At Ford
*
223,900 Penney (J C) Co

55*
95$
415$

Sale
Sale
43

62

Sale

61,100 Parker Rust Proof Co
49,100 Parmelee Transport Co.

24,600

Penn

Coal

Ac Coke

141,000 Penn-Dlxle

23,700

25,300
20

$7

conv

conv

35$

Corp

preferred

conv

preferred

119,800 People's Gas L At Coke

5,700
22,350
18,950

13,270
3,900

Marquette

Prior

preferred

Preferred
Pet

100

Phelps Dodge

Was footnotes




page

40.

Sale

1015$ 106
845$
815*
805$
145$
115$ Sale
1025$
1005$ Sale
33
31
275$
45$ Sale
45*
33
395$
325$

95$ Sale
28

185*
1085$
85*
265*
1.43
135$
54

Sale

Sale
Sale
Sale
Sale
Sale
Sale
Sale

22
215*
49
405$
1145$
Sale
695
Sale
65

18

45*
Sale

105

85*
265$
1315*
145*
515$
215$
405$
1145*
705$
65*
35$
155$
12

285*

nn
115

Sale

Sale

135$
118

85$

Dec.
5* Dec.

1

Dec. 24

1

Dec.

Dec.
Dec.

6

Dec. 30

2

Dec.

205$ Dec.

9

Dec. 31

6^

Sale

1575$ Sale
795$ Sale
15$
15$
45$ Sale

120
21

265$

35$

9

Sale"
295$

2

Sale

105* Sale
11
115*
56

45$
Sale

165*
185*
95*
10
75$ Sale
415$ Sale
395*
405$
705$
75
15*
25$
4
45$
5$ Sale

9

265* Dec.
155$ Dec. 22
Dec. 23

105

75$fDec. 27

245$
255$

Sale
29

385*

*385$

45$
35*
155$
165*
385$ Sale
335* Sale
17
185$
95$ Sale
75$
75$
435$ Sale
42

Sale

705*

74

15*

3

35$
45*
5* Sale

1
31
3

Dec. 30
Dec. 31
Dec.

7

Dec. 31

Dec,

27
13
14

Dec.

14

Dec.
Dec.

95$
295$
195*
1085$
85$
285*

Dec. 15
Dec. 15
7
Dec.
1
Dec.
Dec. 16
6
Dec.
1
Dec.
Dec. 31

Dec.

1

Dec. 29
Dec. 22

5
665* Dec.
55$ Dec. 27

715$ Dec. 23
1
65$ Dec.

25$ Dec. 21
135* Dec. 21

18

5

Dec. 19

115* Dec. 28

1

5

11

26
2

23

13

115*
45*
185*
65$
15$

22
28

2
2

30

195$ Dec.

5

25

135$

2 103

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

405*
175$
15$
95$
105$

60

1 102

2
Dec.
1
Dec.
Dec. 14
21

13

285$
25$
425$
195$

21

2

13

12

21

12

23

58

15
10

805$
15$
45$

10

28

27

14

20

3 121

Dec. 20

245*
27

1155$ Dec. 28 1155*
9
35
Dec.
385*

25$ Dec. 12
13

Dec.

1

Nov. 10

17 1685$ Oct.

4

21

Nov. 12

May 27

19

Mar. 31

945$ Nov. 19
255$ Oct. 21

28
31 305$ July
26 165$ July
30 1155* Nov.
30 1135$ Oct.
29 105$ Oct.
65* July
30
Nov.
31 30
1 205$ July
Mar 30
165* Oct.
July
Mar. 29 31
June
3 1785$ Oct.

Sept.
Mar.
Sept.
Mar.
Mar.
Mar.
Mar.
Mar.
Apr.

29
27
15
18
22
9
14

26
22
7
14

1

1455$ Sept. 22

Mar. 29

285* Nov. 9
95$ Oct. 17
815* Nov. 12
23
Feb. 25

June

Mar. 29

Mar. 31
Sept. 24
Dec.

Dec.

13
23
1

30
82

75
43

July
7
July 25
Feb. 23
Jan. 14
Aug.
2
July 20

110

54

5$
25$
5$
45*

Dec. 28
Dec. 31

9
23
12
10

Dec. 31

23

385* Jan. 12

375* July 23
45$ Jan. 11
Mar. 26 115* Mar. 1
Mar. 30 120
Apr. 25
Apr. 28
Aug.
9 111
63 5$ Nov. 15
June
1
25* Jan. 10
Dec. 21
75$ July
7
Mar. 30
15$ Jan. 15
Jan.
5
Mar. 29 165$ Dec. 30

90
Dec. 24
Mar. 31
15$ Jan. 11
5* Dec.
1
Jan. 13
June
3 198
Dec. 31
100
Mar. 29 110
265$ Oct. 17
13 5* Mar. 31
575$ Dec.
3
455* Apr.
1
Dec. 30
55$ Mar. 30 20

38

133

875* May

Dec. 31

75

Jan.

3 106
935*
June 21
145$
65$ Mar. 31
925$ Sept. 16 103
25
May 12 35
5
15$ Mar. 30
125* Mar. 30 41

85$
195$
75$
835$
4

Sept.
May
Mar.
Apr.

Mar.

135* Mar.
122

Jan.

65$ Mar.
305* Apr.
Mar.
10
395* Apr.
115
Apr.
40
Mar.
55$ Dec.

15* Mar. 26
55$ Mar. 26
175$ Mar. 26

13
July 25
Dec. 27

Sept.

2

Nov. 23

Sept.

8

145$ Jan. 10
325$ Feb. 23
195* Nov. 16
1115$ Sept. 8
Nov.

9

295$ Nov.

9

Nov.

9

10
147

155* Nov. 16
60

Nov. 16

225$ Aug. 25
525$ Oct. 11
Apr. 19
765* Nov. 9
115* Jan. 17

115

65$
25$ Mar.
1
215$
105$ Mar.
3
Dec.
3 5* Mar.
95$
2
Dec.
155*
95* Mar.
Dec. 29 £225* Mar.
30
Dec. 30
32 5* Mar. 31' 43;
Dec, 31
195$
95* Mar.
Dec. 30
121
87
Apr.
1 £132
Dec.
149
5$Mar.
1
Dec.
30
175* Dec.
1
Dec.
10
Mar.
155$
1
Dec.
3 5* Mar.
Dec. 19
155* Dec.
Dec. 27
65$ Oct.
2
Dec. 29
1
Sept.
Dec. 16
29
Mar.
615$
Dec. 29
102
885* June
Dec. 31
135$
55* Mar.
Dec. 31
103
65
Mar.
Dec. 30
135$
65$ Mar.
7
16
Mar.
30
Dec.
2
Dec.
35$
15$ Mar.
Dec. 16
425$
315* Mar.
13
Mar.
215$
Dec. 15
2
Dec.
25*
15* Mar.
Dec. 13
145$
35$ Mar.
Dec. 13
85* Mar.
135$
9
Dec.
41
Mar.
585$
7
55
Mar.
Dec.
855$
Dec. 13
15$ Dec.
25$
1
Dec.
25$ Mar.
55$
Dec. 31
30
105$ Mar.
3
Dec.
10
Mar.
155$
Dec. 28 1205$ Dec.
121
245$
Dec. 31
145$ Mar.
31
Dec. 15
195* Mar.
Mar.
Dec. 30 110
1155*
42
Dec. 15
225$ Mar.

165$ Dec. 30

16
14

Mar. 30
Mar. 25

Dec.

65$
135$
£295*
435$
135$

21

27

28

Jan.

45$ Dec. 14

2 121
23 149

Dec. 28

565$ Dec.
995$ Dec.
105* Dec.
91
Dec.

575$

115

"37"

Dec.

5

555$
785$ Sale
765*
2
15*
15$
45* Sale
35*
Sale
28
23
215$
13
145*
145$
125*
1205$
1205$

112

36

28

25* Sale
415$ Sale
195$ Sale

Sale

Dec.

8

1

Sale

Sale

1005* Dec.

12

25

19

555$ Dec. 27
5
155$ Dec.

Dec.

Sale
Sale

107

Sale

104

1

164

25 / Dec. 21
1375$ Dec. 28 143
5
145*
125* Dec.
Sale
54
49
Dec. 21
2
225* 215* Dec.
225$
45
41
405$ Dec. 12

65$

1

135$ Dec.

Sale

35*
155$
65$
135$

55*

74

142
Sale

Sale

2

101

Dec. 30

Dec. 29
835* £82
5
105$ Dec.
1
Sale
1005* Dec.
33
26
Dec. 28
Sale
9
35* Dec.
8
Dec.
355* 33

135$ Sale
115$ Sale
Sale
925$
955$ 103
Sale
Sale
13
115*
25*
415*
185$
15$
IK

Dec.

Mar. 31

Mar. 25

7

18

1

115$ Dec.
1215$ 115
Dec.
Sale
147
Dec.
215$
175* Dec.
Sale
105$ Dec.
Sale
4
Dec.
Sale
155* Dec.
75$
65$ Dec.

102

Dec.

3

Mar. 25

145$ Nov. 10
145$ Dec. 21

125$ Mar. 31

Dec. 29

Sale

106

6
9
31
16
31
31
31
1
2
15
6

Dec. 29

r535$ Dec. 29
5$ Dec. 21
35$ Dec. 20
2
5$ Dec.

40

121

Dec.

118

Sale

43

,135$

d*
26

35$ Dec.
85$ Dec.

Dec.
Dec.

7
108

Dec.

Sale

Sale

Sale

375$ Dec.
365* Dec.

28

1485$
205*
115*
115* Sale
45*
45* Sale
155$
65*
"65* ""75*
15$
15*
585*
595$
100

Sale

Dec.
Dec.

295* Sale

1485$ Sale
23

Sale

95* Sale
285$ Sale
175$ Sale

6

30

...

see

88

27

$4 preferred
*
3,700
3,950 tPhlla Rapid Transit Co...50
7% preferred
7,310
50
*
104,600 PhUa At Reading C At I

91

575*
565$
195$ Sale

101

100

*

Sale

110
23

Sale

335$

25

111

109

13

Pfelffer Brewing Co

335$ Dec.
25$ Dec.

87

32

•

15
26

Sale

123
68
555*
Sale
4

Dec.

Sale

35$
35$
75$ Sale
110
110

165$ Dec.

145$ Dec.
Dec.
175$ Dec.

Sale

Sale

100

5

1g*

Dec.
Dec.

108

10

Nov.

29

21
May 24
12«
Mar. 31
7J
145$ June 17 26
Nov.
58
Apr.
5 71
Jan.
28
Mar. 31 40
995$ Apr. 26 1085* Nov.
195$ July
95$ Mar 31
Mar. 26
485$ Nov.
20
Mar. 29 215* Nov.
10

10
1

Dec.

Dec. 23

215* Dec.
Dec.
23

5$
165$ Sale

—....100

Milk

118

Dec. 28
Dec.

47

Sale

225* Sale

Sale

1095$ 114
315$ Sale

Dec.
Dec.

35$
115$
245$
685$
365$

40

107

215$

100

47
Sale

187" 191"

135*

27

165* Sale

Sale

22

25

33
106

168

Sale

50

Sale

Dec,
Dec.
Dec.
Dec.

5$ Sale

Sale

156,100 Petroleum Corp

92,500
1,283,300

#

17

Peoria Ac Eastern........100

Pere

25$
Sale

Sale
Sale

14

11,800 People s Drug Stores Inc

65$%

15$
35$

•
v

1,363,600 Pennsylvania RR Co
300

2

123

tc..*
*

pref series A

Penn Glass Sand

?7

10

Cement

110
60

4

65$ Sale
115$
275$ Sale
355* Sale
145* Sale
114

122

Sale

Sale

4

Sale

117

Sale

245$
95*

300

470

185$

Sale

........10

46

165$

25$
105$
215*
685$

125$ Jan.

Mar. 30
Mar. 22
Mar. 30

Feb.

70

235$
735$
365$

67
35

Sale

29
v

75
Sale

106

Sale

12

338,000 Owens-Illinois Glass Co.12.50

38

Sale

22

105$
21

42

Sale

955,000 Ohio Oil Co (The)
486,900 Oliver Farm Equipment....*
421,800 Omnibus Corp v tc (The)
Preferred A
100
2,760
56,600 Oppenhelm Collins Ac Co. .*
334,500 Otis Elevator....
6% preferred—
100
3,250
_•
481,400 Otis Steel
$5.50 conv 1st pref....—.*
15,000
21,900 Outboard Marine Ac Mfg.—.5
100

735$

Sale

Sale

565$
565*
35$

109
Sale

m

Sale
Sale

22

...

Sale

20^

Sale

685$
365$

71

37
Sale

16

Preferred...

Sale

11

26

60

340 Outlet Co

69

245$

Sale

93

...

Sale

""35$

Sale

105$ Sale

22

805$

1375*

75

99

'55$

Sale
Sale

665$

90

985*

15$

27

23

22

Sale

29

Preferred

23

165

U

Sale

1
8,600 North States Pow Co $5 pf
2,580 Northwestern Telegraph..50
102,900 Norwalk Tire Ac Rubber....*
3,400

92

Sale
Sale

85$

Sale

90

60

Central.

1,324,200 Northern Pacific.

19
Sale

1085$
195* Sale

50
9

155$

170
Sale

23

104

100

...

2,068,100 North American..
38,300
6% preferred
60
1
1,792,900 North American Aviation.
12,600 North Amer Edison $6 pref..*

2,200

24,600

1395*

........—

17,800 Philadelphia Co pref 4%..50

970

164

88
IV4

20

6,600

Sale

1585$

—..

11,480 Pacific Coast..
First preferred
8,890
3d preferred..
11,940

3,300

21

175$
100,800 Nat Mall 8c St Cast's Co
♦
75$
714,900 Nat Power Ac Light
374,000 National Steel
......25
665,900 Nat Supply Co o* Pa...—.10
81,550
$2 preferred
—40
31,300
55$% prior preferred..-100
70
900
6% prior preferred.....100
3
.....*
74,300 National Tea Co..
8
*
105,500 Natomas Co
1
18,800 Neisner Bros Inc
4 H % conv serial pref.—100
2,300
325$
11,700 Newberry Co (J J)
*
2,550
5% preferred series A...100 100
946,800 Newport Industries Inc
1
•
70,700 New York Air Brake
_*
4,061,100 New York Central.......
175,200 N. Y. Chicago Ac St Louls.100
34
322,200
6% pref series A......-.100
20
187,600 N Y City Omnibus Corp
*
13,510 New York Dock...—.....100
35$
8
24,280
5% preferred
........100
60 1125*
2,440 New York Ar Harlem
20
10% preferred
50
670 N Y Lack Ac West Ry Co..100 "525$
165,500 IN Y N H At Hartford
25$
100
5
Convertible prefer red ..100
174,600
42,400 |N Y Ontario Ac Weatern.100
15$
85$
407,400 N Y Shipbuilding pt stock.. 1
515$
7,380
7% preferred
..100
5$
66,800 {Norfolk Southern...——100
32,000 Norfolk Ac Western.......100 1925$

1,590
1,590
1,630
2,000
22,300
10,400
12,400

11,100

Sale

136

90,600 Pacific Amer Fisheries Inc.

480

5

Sale

26
155

169

,

Sale

45$
205$
145$

689,100 National Lead
10
5,600
7% preferred A.......—100
5,250
6% preferred B
...100

19,000

320

Sale

1(i%

Highest
Sale Prices

95* Dec,
1
75* Dec. 28
65*
Dec.
5 265$ Dec. 27
75$
135$ Dec.
5 145* Dec. 29
85$
6
125$ Dec.
5 145$ Dec. 29
8
235$ Dec. 22 255$ Dec.
155$
170 '• 167
Dec.
1 1685$ Dec. 15 150
Sale
145$ Dec. 27
165$ Dec.
2
105*
92
Dec. 27
100,
925$ Dec. 21
65
Sale
x21
Dec. 13
235$ Dec.
2
20
Sale
235$ Dec.
5 265$ Dec. 15
125$
Sale
12
Dec. 21
135* Dec. 29
115$
112
Dec. 13 115
Dec.
6 106 5$
III" 1095* Dec. 28 113
Dec.
7 1055*
Sale
85$ Dec.
1
65$ Dec. 21
35$
55* Dec.
1
45$ Dec. 22
35$
Sale
1
265$ Dec. 21 285* Dec.
175*
Sale
175$ Dec. 28 205* Dec. 16
115$
Sale
135* Dec.
5 165* Dec. 30
5
Sale
255* Dec. 20 275* Dec. 30
175$
169
166
Dec. 19 169
Dec.
7 154
Sale
1 127
1365$ Dec. 28 1395* Dec.
Sale
Dec. 31
225$ Dec.
3 27
135*
Sale
7
Dec.
85* Dec. 31
5
Dec.
3
Sale
76
805$ Dec. 14
445*
Dec. 10
Sale
13
185$ Dec.
1
125$
Dec. 13
Sale
18
235$ Dec.
6
18
Dec. 23
685$ Dec.
6
595$ 55
55
Sale

Sale
255*
13
125$ Sale
115 5*
1125* 115
110
1135$ 109
75*
85$ Sale
5
55* Sale
28
285* Sale
195*
205$
145$ Sale
165$
275$
265$ Sale

Sale

Lowest

Sale Prices

85$ Sale

24

Sale

14

Register

Highest
Sale Prices

145* Sale
145$ Sale
255* Sale

175$
965$
245*

165$

Lowest

Ask

25

Sale

92

Nat Dairy Prod Corp

1

235$
Sale

Sale

167

110

.

Sale

245$ Sale

160
16

100

7% preferred

511,500 Nat Distillers Products.....*
9,900 Nat Enamel Ac Stamp
...*
1,251,100 Nat Gypsum Co
1

160

37", 400

145*

100
....1

National Acme

95*
225$
135$
135$

Sale

Corp......5

Nash Chatt Ac St Louis

Corp....*
......*
.......*
7% preferred class A
100
7% preferred class B....100
National Dept Stores.......*
26,100
6% preferred..
...10

120

164,100
3,100

Ask

Par

Ask Bid

Bid

Sale Prices

31

Dec.

Dec. 1

1938

Scales

120,300
3,280
13,600
45,200
69,800

YEAR 1938

RANGE FOR

Price
Jan. 3

1938

Shares

IN DECEMBER

PRICES

STOCKS

12 Months

37

EXCHANGE—STOCKS

Jan.

11

Nov. 22

July
July
Nov.

19
23
4

Dec.

30

July

19

Dec. 30
Nov.

3

June 27

Jan

10

July 27
Dec.

19

Feb. 25

Aug.

3

Nov. 15
Dec.

29

Dec. 31
Dec.

31

July 20
July 29
Oct. 17

Oct. 10
Oct. 24

Oct. 21
Nov.

July

1

23

Aug. 25
July 25
Jan. 10

July

July

25
25

Nov. 12

Dec. 28
Jan.

15

Feb.

4

30
Oct. 15

Dec.

65* July 22
July 25
July 25

W4
i?8

285$ Dec. 21
27
Dec.
3
175* Dec.
7
85$ Dec. 21
75$ Dec. 20
405$ Dec.
5
385$ Dec. 19

39

45* Jan.
3
175$ Mar. 31

135$ Jan. 11
85$ Oct. 28
475$ Nov. 9

43

Dec. 30

30

Mar. 28

43

Dec. 27

70

Dec. 20

60

Nov. 10

2

Apr. 12
15* Apr. 25
25* Mar. 26
5* Mar. 26

74

15$ Dec. 13
35* Dec. 27
5* Dec.
6

3

Nov. 23

69

345$ Dec. 30
175* Dec.
7
10

Dec.

3

75$ Dec.
1
455* Dec. 31

4

Dec.

7

Dec.

3

5$ Dec.

Mar. 23
85$ Mar. 29

15

75* Mar. 30

Jan.

15

Nov. 15

Nov.

9

55$ Nov. 23
Mar. .7
1

38

N. T. STOCK
SALES

AQGREQATE

12 Months
1938

PRICES

STOCKS

Dec. 1

1938
Bid

383,800 Philip Morris 8c Co
10
23,000
5% conv pref series A..100
4,900 Phillips Jones Corp.......

82

Preferred

832,100
2,700
1,890
40,100
'33,700
1,960

100

Ask
Sale

51
38
2

'

...

100

Pierce Oil 8% cony pref...100
Pllsbury Flour Mill*
...25
Pirelli Co of Italy Am shs

68
Sale

34

.

1,945

85

cony

100

*

preferred

Ask

7
42

4034

Sale

3

334

9434
141
5
32

Sale

38

2434

25

734
2454

36

40

46

40

91

115

91

46

"6 34
26
5 34
47

3454
Sale

49>4

8

534
22

Sale

25

734
6634

9

Highest

Sale Prices

36

34

Dec.

21

42

3934 Dec.
5
234 Dec. 28
32

Dec.

3

Dec.

Dec.

2
20

36

534
2234
8

67

60

169

5

Highest

June 25 14434

434 Mar. 30
32
Sept. 29
2734 Mar. 31
2

4

Mar. 31

13

3034 Jan.

2434 Dec. 29

2034 Jan.

3

39

6

45

Dec.

2

534 Dec.
1
2234 Dec.
5
734 Dec. 10

1834 Dec. 23
734 Dec. 19
6534 Dec. 28

7% guaranteed pref

166

100

278,300 Pittsburgh Screw Si Bolt
*
72,800 Pittsburgh Steel Co..
...*
14,530
7% pref class B
...l«ft
10,080
5% preferred class A
100
4,820
534% 1st ser conv pr pf.100
15,500 Pittsburgh Terminal Coal..l
2,160
0% preferred.
_.10<»
34,690 Plttsb 8c West Virginia..100
16,100 Plttston Co (The)....
•
198,500 Plymouth Oil
...—5
7,300 Pond Creek Pocahontas Co. *
193,400 Poor & Co class B
•
29,000 Porto Rlcan Am Tob cl A...*
18,100
Class B
;
*
128,800 t Postal Teleg 8c Cable pref 100
562,000 Pressed Steel Car common.. 1
49,300
5% conv 1st pref
...5
43,300
5% conv 2d pref......
50

Sale

834

Sale

IV'

..

Sale

13

Sale

Sale

36

41
Sale

26

IV

Sale

34

834

r23

Sale

5

.

..

.Sale

15

Sale

34
2234
834

Sale

Sale
o

Sale
Sale

v

36

33

Sale

Sale
Sale

1034 Sale
11
1034
30
3234
5534 Sale

1534 Sale
34 Sale
2234 Sale
r834 Sale
1634 Sale
2
134
34
134 Sale
8

Sale

1434

Sale

.

42
4334
5634 Sale
11734 Sale
Sale
3234 Sale
103
10334 10334 Sale
11534 118
11434 11634
133
130
13334 Sale
Sale
148
150
15234

225,5i)0 Procter 8c Gamble.......
*
12,970
Preferred 5%
lie
337,200 Pub Ser Corp of N J common *
31,500
$5 preferred
*
14,800
6% preferred..........100
6,300
7% preferred...........100
5,550
8% preferred
100

115
32

Sale

166

68

Dec. 23 169

43

19

9

7
14

Oct.

July 12
334 Mar. 31

9

41

75

145

28

1334 Dec.

10

41

Dec.

15
7

22

26

Dec.

7

22

36

Mar. 30

Dec.

1

Dec.

1

Dec.

6

8

434 May 26
7
8
May 21

23

$5 preferred..
Pullman Company..

112

11334
29 94 Sale

Pure Oil

_...•

11
94

Sale

...

"7% Sale"

Quaker State Oil Rfg Corp.10

15
6

82 preferred
25
Reading Company..
50
First preferred
.......50
Second preferred....
50
Real Silk Hosiery
Preferred.

5
100

..

.

6334
234

23

Sale

26
19

Sale

1631
22*

3034
30

24

334

434

30

39

Renss

*

Roan Ant Cop Mines new....
Ruberold Co cap stock new.*
^Rutland RR. pref.......100
St

Joseph Lead.
10
tSt Louis-San Francisco.100

6% preferred
......100
ISt Louis Southwestern .100

$4.50

conv

16

Sale

65

75

60

70

IV

90
63

81
60

1534
7

4334 Sale
834

434
50

20
2

•

4-2% preferred.....

100

Seaboard Oil Co of Del.....*

Serve! Inc

*
_..*
1

...

2134
234

3034 Sale
a

\H

234 Sale
534
734
18

fig
88

Sale
Sale

93

100

Sale

18

Sale

24

Sale

74

75

X Sale
534

A*

Sale

34 Sale
234
234
2034 Sale
334
3 34
5434 Sale
13

Sale

17

»

16

*
*

5734
6034
434 Sale

*

4434 Sale

...*

Sheaffer (W A) Pen Co

*

Shell Union Oil

.„._*
Convertible preferred.. 100
27,400
167,700 Silver King Coalition
....5
»

...

11
Sale

1234
Sale

llV*
70
Sale
Sale

76

78

55

1334
8434
934 Sale
4434 Sale
56

44

Sale

34
a
134 Sale
234 Sale
334.

2734 Sale
83

Sale

98

Sale

10434 107
1534 Sale
2034 Sale
7634 Sale
1

934
4934

Sale

Sale

4934

IK Sale
z22

18*
68

Sale

70

104

Sale

634 Sale

1834 Sale

634

3

97

n

9054
100
Sale
Sale

_...♦

Sale

1.849,300 Socony Vacuum OH Co Inc.15

1434 Sale

Sale
Sale

3234. Sale

Sale

*

Sale

97

25

Sale

*

Sale

334
7334 Sale

75

__10

7434
66

134
2434

Dec.

534 Mar. 29
134 Mar. 26

Dec.

9 10434 Dec.

Dec.

133

Dec.

148

Dec.

9 116
Dec.
15 13334 Dec.
106X4.
1 15234 Dec.

13

33

28
29
30
30

Dec. 31
23
19
1

20

Mar. 31

59

27

96
110
103

2 11534 Dec. 30
5
3834 Dec. 29
2
11
Dec. 31
28

86

Dec.

77 34 Dec. 22
1234 Dec. 20

82

Dec. 31

1234 Dec. 28
3
734 Dec.
Dec.

16

6234 Dec.

6

Dec.

19

1834 Dec.
1634 Dec.
2234 Dec.
1334 Dec.
2134 Dec.

8

10
13
13

Dec. 23

Dec.

1434 Dec.
1334 Dec.
8

80

6634
234
2034
1734
2334
1834
2634
2034

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

1334
3934

1

16
31

31
31

13

Oct.

25

Apr.
Mar.

112

Jan.

12 117

.

66

Dec.

9

14

234
2434
7534
7134
1934
3834

6
Dec.
Dec. 29
6
Dec.
8
Dec.
Dec. 29
Dec. 29

79

Dec. 24
Dec. 24

78

88
Sale

80

45

Dec.

17

1134 Dec. 10
7734 Dec. 28
9

Dec.

27

934 Sale
4434 Sale

4234 Dec. 28

53

56

Dec.

2

834
834
1534
2934
U
4234
34
134
134
334

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

9

5734

46

Sale
24
Sale

9734
Sale

104

Sale

Sale

1734

Sale

69

34
734
4834

1534
6534
34
634
734
Sale
4734
11334 11234
70

234 Sale
2134 Sale,

234
7334

Sale

17 34

Sale

rl934 Sale
6734

75

7 34

Sale

4834
1134

Sale

28

Sale

2834

1534 Sale
10434 105
634 Sale
32

234
22

Sale

334
2234

2834 Sale
95
9634
100
103

15

Sale

Sale

Sale
Sale

19
Sale
2034
1734 rl634 Sale
1334
1334
1434 Sale
1334 Sale
1334 Sale

1934
1634

16

Jan.

31

15

Nov. 10

16;

Jan.

14

9

Oct. 21

80

Oct. 11

Mar. 31

6634 Dec. 30

Sept. 28

n5A
24

June 20

May 26
Mar. 30
June

17

Jan.

11

July

21

Jan.

11

2434
2934 Jan.
22

Jan.

18
13

11

Dec.

1634 Dec.

55

23
1

1334 Dec. 31
6
8034 Dec.
10

Dec. 29

4534 Dec.

1

Dec.

17

934 Dec.

1

58

9

June

934 Mar. 30
2
4934 May
40
Apr. 28
Dec.

1

1

1134 May 31
3934 Mar. 29
38
May 26
73

Mar. 30

17

Mar. 30

65

Apr. 27

45

Dec.

10

Sept

7734
454
3334
5134

Dec.
Mar.
Mar.
Jan.

3034 Jan.

15

Jan.

25

6J4 July

19
26

34

im

July

25

78

Dec.

19

69

Nov. 27

354 Oct. 24
2554 Nov. 12
7834 Nov. 16
77 34 Nov. 14
1954 Oct. 15
Dec.

29

Jan.

21

Jan.

21

P

Jan.

7

Jan.

IV

17
14
28
30
30

31

10

20

94

Sept. 9
1234 July 26
8
4634 Jan.
5834 Jan. 11

5

34 Sale
134 Sale
234
334
334
25
2934 Sale"
81
8134 83
96
9334
9534
105
10634 *10234
18

June

13

21

55

Mar. 29

Mar. 31

1334 July 20
9834 Jan. 18
8834 July 19

July

Dec.

2
1434 Dec.
5
3134 Dec.
73
Dec. 20

18

10

Dec.

1934 Sale
3734
40

June

39 34 Nov. 10

58
July
Jan.
11
11 54 July

1

28

7434

20

Sept. 21

534 Mar. 30

61

Dec.

May 27
May 26
Apr. 19

Dec.

3434 Mar. 29
5
1
Apr.

834 Dec.

6934

65

3*

Nov. 30
Nov. 12

3

Dec. 10
1
Dec.

19

5
2134 Dec.
6534 Dec. 28

27

1034 Dec. 12

5

Dec.

71

Dec. 29

27

78

Sale

28

13 34 June 21
234 Mar. 25

78

67

Dec.

30

Dec. 28
Dec. 21
9
Dec.
5
Dec.

Sale
Sale

17

Dec. 30

Jan.

132

,r-

22

Jan.

Mar. 22

50

16

30

Jan.

Oct.

112

9

13

Mar.

8634 Mar

7

Jan.

May 18

10134 Apr.

454
6034
3734
134
1434

5

Dec. 31

Nov. 14 122

34
25 3534
31 10534
23 11834
8 134
29 15234

25

9

31

23

Dec.

14
8

Dec.

15
Dec. 16

.

4634 Dec. 22
8

1

3

21

Mar. 25

114

Jan.

Mar. 30

Dec.

434 Mar. 25

8

Nov.

1634
334
134
434
1434
1434
4234

Oct.

1

30

2

115

4

25

Mar. 28

Dec.

16

25* July

Mar. 31

29
101

2

19

8

934
934
1534
7334

69

Sale

28
87

......

1734 Sale
2334 Sale
1834 Sale
2634 Sale
2134
2134
4
434
41
5134
10
834
7*934 Sale
1034
1634 Sale

934 Sale
934 Sale
9
10
834
1034
1634
1634
1634
r33
Sale
3134 Sale
Sale
34
134

1634 Sale

734 Sale

Sale

"jj

Jan.

15

Dec.

80

13

1

Dec.
Dec.

Dec.

6

Jan.

Dec.

54

83

Jan.
Jan.

Dec. 16
Dec. 31
2
Dec.
1
Dec.

115

11334 Dec.
3134 Dec.
934 Dec.

12

30

12

834
1634
234
34

634

734 Sale
47
4834
*1134 Sale
28
2734
1434 Sale

2334

Sale

1334 Sale

Shelly

25

234
20

77

3

Co

r67

1234

23

6% preferred
..100
Sloss-Sheffleld Steel 8c Ir.100

13

75

Sale

Snider Packing

534
Sale

47

1634 Sale

..._10

86 preferred
Smith (A O) Corp.
Smith & Corona Typewr

23

33
80

30

Slmonds Saw Ac Steel Co....*
Oil

Sale

Sale

Sale

113

Sharp & Dohme

489,600 Simmons Co.
47,900 Slmms Petroleum

n*

5

'

Sale

7134 Sale
1534 Sale

53

Sharon Steel Corp........
85 conv preferred
Conv pref series A—
Shattuck (Frank G»

234

10

534 Sale
9
934
1834 1834

100
Sale

20

56

50

80

95
Sale

*

165.500 {Seaboard Air Line

Seagrave Corp (The)
Sears, Roebuck 8t Co

Sale

8134 100

3734
preferred..

Sale
31

Sale

18

66

Sale

8

2434

73

2

Sale

2134

834

& Saratoga RR Co. 100

82

Sale

Sale

25

8334

21

2034

...25

37,570 Scott Paper

22,600
197,800
8,600
20,570
4,450
65,700
35,400
69,500

Sale

1

.........

.....

1,470
276,200

Sale

1934

rV

1034
1634

80
5% preferred
.....100
287,000 Safeway Stores.......
•
2,980
5% preferred
100
4,020
6% preferred
..100
9,100
7% preferred
100
62,600 Savage Arms Corp
...*
480,200 Schenley Distillers Corp....5
29,500
534 % preferred. ...
-.100
628,200 JSchulte Retail Stores.
1
62,600
8% preferred
100

46,200

46 34
4

10

14,800 Rltter Dental Mfg........

247,000
11,800
1,006,200
488,000
104,300
9,000
238,800
21,700
168,400

71

60

Reliance Mfg Co
ttemton-Rand

....

60

16

Sale

10

Pref with warrants

87

Sale

8034
1334 Sale
1334
1434

Reis (Robt) & Co 1st pref. 100
Reliable Stores Corv

598,100 JReo Motor Car.......
5
2,828,900 Republic Steel Corp........*
18,300
6% cony preferred
100
25,800
6% conv prior pref ser A 100
263,700 Revere Copper 8c Brass...
5
10,900
Class A
10
1,860
7% preferred
.....100
560
5>4% preferred
....100
98,500 Reynolds Metals Co....
*
4,600
534 % conv. pref.....
100
185,100 Reynolds Spring Co
1
409,600 Reynolds (RJ)Tob cl B
10
3,470
Common
10
1,703 Rhine Westphalia El & Pow..
892,000 Rich Jeld Oil Corp
*

55,600
98,100
10,000
309,500
63,900
89,100
1,560

86

Sale

3,479,900 Radio Corp of Amer...
*
1,200
85 preferred B
....*
178,520
83.50 conv 1st pref
*
902,600 tRadio-Keith-Orph Corp
*
27,000 R ay bes tos- Manhattan
*
156,700 Rayonler Inc...
1
56,000
93,700
13.400
16,700
21,100
2,320
5,000
29,900
7,320
415,700
19,500
1,520

Sale

Sale

Sale

6% preferred..........
5% conv preferred..... 100
Purity Bakeries
*

11334 11434 11434 120
Sale
38* Sale

Jan.

Aug.
5
July 29

45
1

34 Dec. 28

Public Service El 8c Gas—

4,400
637,800
1,359,100
13,800
67,800
349,500
12,000

25

1634

9

23

1434 Dec.
1434 Dec.
8
4234 Dec.
2
5634 Dec.
1 11734 Dec.

1

Mar. 14

52

Mar. 29

6

Nov.

5

34 June
334 Nov.

12

5

17

934 July

7 34 Mar. 29

2034 Apr.
1134 Apr.

28

5

9
1134 Dec.
134 Dec. 27
34 Dec. 16
134 Dec. 21
5
1034 Dec.
2
1034 Dec.
30

June 21 174

" Dec.
1
1534 Dec. 31
1
34 Dec.

1

10
12

Jan. 17
934 Nov. 14

Dec. 31
Dec. 15

Dec.

28

1

July
July
2634 Nov.
52
May
90
July
7 34 Jan,
35

Dec.

9

Nov. 14

18

1834 Dec. 23
334 Mar. 30

1134 Dec.
3834 Dec.
20
Dec.
3234 Dec.
34 Dec.
334 Dec.
1334 Dec.
34 Dec.
2034 Dec.

8

10
10
23
9
19

Mar. 29

4

90

Dec. 20

Highest
Oct.
Oct.
834 July
5034 Mar.
4431 July

7534 Mar. 29 14334
114

Dec. 27
7 34 Dec. 28

634 Dec. 19
2434 Dec. 23
42

Dec.

4334 Dec. 30

22

a!*
4434

2034
734

70

9

115

534

170

8634 Dec.

Pitts Ft Wayne & Chicago—

720

YEAR 1938

Lowest

Sale Prices

9534 Dec. 23
Dec.
5 14234 Dec. 23
14234 131
6
534 Dec. 24
6
Dec. 14

4334 Sale
334
234

3534

35

Sale

50

634 Sale
20J4 Sale

28

100

...

135

5

3

20 Pitts C C & St L RR Co... 100

27,200 Pittsburgh Coal (of Pa)
18,000
6% preferred
21,000 Pitts Coke & Iron Corp

Sale

38

"~534 "8"

*

...

8834

Lowest
Sale Prices

Dec. 31

Ask Bid

Bid

131

......9>

Phillips Petroleum
Phoenix Hosiery
Preferred

RANGE FOR

Jan. 3

Par

460

IN DECEMBER

Price

N. T. STOCK EXCHAN QE

Shares

"

EXCHANGE—STOCKS

7
23

934 Dec. 23
8
1534 Dec.

12

3334 Dec.

16

Dec.

1

27
13
16
10
15

23
Dec. 22
Dec. 16

Dec. 22
Dec. 15
Dec.

2

Dec.
Dec.
Dec.
Dec.
Dec.

27
22
22

1

46

34
13s
234
336
2934
8334
9834
10634
1834
2034

Dec. 31

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

2

30
1
23
30

58
68

Mar.

Dec.

2

1

Dec.

1

1
Dec.
Dec. 29

68

Dec.

70

34

134
134
3 34

Mar.
Mar.
Dec.
May
Dec.
Mar.
Dec.
Dec.

11

30

31

1

Dec.

8

Dec.

15

Dec. 29
Dec. 30

Mar.

Oct. 22

16

154

25

394
534

15
23

I

6

Feb.

23

154
3
Mar. 30
1034
"■>0 34
3434 Mar. 28
11234 Dec. 12 11354
Jan.
6
134 Mar. 29
15 14 Mar. 29
Dec. 28

4?*
iV

104

Dec.

1

534 Dec.
30

5
Dec. 28

234 Dec. 12
2034 Dec. 19
2534 Dec. 14

23

Dec. 31
9
Dec.
7
Dec.
Dec. 29
Dec. 15
Dec.

2

2834 Dec. 30
Dec. 30
7
9634 Dec.
1
9934 Dec. 30 110 * Dec.
103
Dec.
2 10434 Dec. 19
95

■

17
16

Dec.

22
Dec. 20

3

Dec.
Dec.

14

1434 Dec.

29

14

Dec.

1

Dec.

30 113

Dec.

5

Dec.

21

9
1334 Dec.
1234 Dec. 27

20

17

36

Mar. 30

18

Mar. 26

23

Aug. II

10

Mar. 20

93

Mar. 30

434
1234
234
1434
1834

Mar. 31

z84

Mar. 30

5
Mar. 30
Mar. 31
Mar. 31

Apr.

7034
934
4934
1234
2854
1854
10634
934
3534
334
24 34
3454

98
Mar. 28 122
91
2 105
May
13
8
Apr.
24
Mar. 31
10
1934
834 Mar. 29
15
1034 Mar. 31
1654

45

Jan.

4

Nov. 25
Nov. 25

Oct.
Dec.

6

23
3

July

Mar. 31

634 Mar. 12
1
2054 Apr.

Nov. 18

Jan.

2734
534
8034

28

1534
10554
634
3234
334

85

34 Sept. 26

27

9

Nov. 14

Jan.

June 14

Mar. 30

1334 Dec.

Jan. 26

July 12
954 Nov. 25
2
3 34 Dec.

.734

62

45* Mar. 31

27

July 20
July 20

99
Mar. 26 108
19
834 Mar 29
1334 Sept. 27 2734

8

Dec.

16

27

734 Dec. 15
4834 Dec. 15
1134 Dec. 15

14

19

Jan. 10

9
634 Dec.
4534 Dec. 28
1034 Dec. 21

Dec.

Jan.

33 34 Dec.

7

27

79

2

34 Dec.
%
9
134 Dec.
234
Dec. 28 x22
234 Dec. 28
334
2
75
7134 Dec.
15
Dec.
9
1734
6
1734 Dec.
20
2

1434
13
34
2534

8

22
1
934 Dec.
19
2
4934 Dec.
Dec. 12 11334 Dec. 23

Dec.

934 Nov. 30
July 21

14

Dec.

Dec.

Mar. 25

Mar.

77

1931

8H

5

7 34 Apr.

12

14
1

2

Aug. 23

22

Feb.

25

Jan.

14

Oct. 13

July 19
Nov. 12
Nov. 18

Nov. 12
Nov. 12

Nov. 16
Oct.

14

July

20

Oct.

7

Jan.

11

Nov.

9
17

Jan.

Nov. 12

Jan.

10

Nov. 10
Oct.

13

Oct.

13

Aug.
8
Aug. 26
Nov. 23
Jan.

10

Solvay Am Corp—

10,100
534% preferred
100
308,000 South Amer Gold 8c Plat
1
99,400 So Porto Rico Sug
»
8% preferred..........100
4,010
....

For footnotes

see




page

40.

110

114
Sale

11334
234 Sale
1934 Sale

131

141

234 Sale
22

128

Sale

11234 113
234 Sale
18

13234

Sale
-r—

112
2

1534 Dec. 13
131

Dec.

234 Dec.

1

Dec.
Dec.

2

20

9 141

1

Apr. 14 11434 Nov.
134 Mar. 29
3 34 Jan.
1534 Dec. 13
28
Jan.
128
Jan.
4 141
Nov.
111

29

13
10

12

)

N. T. STOCK

JAN., 1939]

PRICES IN DECEMBER

aggregate sales

Detember

12 Months
1938

Shares

24,300
208,600
149,800

91,100
600

185,200 Sou California Edison— 15
10'1
2,400,700 Southern Pacific Co
*
1,281,200 Southern Railway..
716,250
5% preferred
....... 100
Mobile & Ohio certifa.-lOO
4,900

22

Sale

18%
11%
18 X

Sale
Sale
Sale

16,500
1,700
2,200

670

134,200
3,450
7,100
245,200

13,100
40,400

7,900
7,900
900

30,200
7,300

7,100

116,500

500

1,600

4,400

22,000

120,700
44,500
3,200

50,200
1.700

8,400
600

64,100
3,200
4,000
430

18,400
5,000
8,200
23,100
87,900
24,900
21,800
3,900
9,300
263,000
90,600
6,900
60

8,500
1,800

240,225
40,600
28,700
4,600
130

10,600

2,300
27,800

106,700
3,100
11,900
5,600
10,300
1,200
1.600
1.080

8,000

27,600
130

6,600
200

11,300
4,000
8,700
200

15,200
26,100
195,000
43 ,q00

12,100

3,275

X 106%

1%
28% Sale
Sale

33%
31

9

47%
121
12

27

Sale

2%
14%
17%

Sale
Sale
21

8%

16% Sale
23% Sale
8%
6%
6%
41

Sale
Sale
7
49

4%

4%

15

Sale

43%

Sale

15%
45%
15%

Sale

Thermold Co

.....

1

3%

3%

....r-100
25
...*
*
•
10

*
•

Tim ken Roller Bear

♦

•

53,000
5
2,300,200 United Aircraft Corp
1,099,100 United Air Lines Transport.5
*
54,100 United Biscuit of Am
...

12

2% Sale
10%
13
14% Sale

Sale

12

Sale

7

Sale

30
Sale

62% Dec. 13
27% Dec.
9
6% Dec. 20

103

Sale

4

Sale

8%
18%
22%

5} «
69%

Sale

9%
6%
13%

Sale

Preferred

100

U S Freight
—*
262,000 U S Gypsum Co.—........20
7% preferred...
100
2,340
5
63,900 U S Hoffman Mach
5%% conv pref
50
4,400

*
181,000 U S Industrial Alcohol
...*
59,500 U S Leather..
Class A
*
167,800
Prior preferred
..—100
5,400
.20
354,800 U S Pipe 8c Foundry
438,600 U S Realty 8c Impt
U S Rubber

1st preferred..
U S Smelt Ref & Mg

40.

10

100
50
—50

Sale
Sale
Sale

56%
125

Sale

o

26% Sale
4%

35%

Sale

38%

7% Sale

7%

18%
22%

Sale

15%
18%

%
28%
28%
42%
53%

Sale

Sale

Sale

Sale

50%
Sale

34%
71
12%
6%
16%
7%

Sale

65%
121%

Sale

Sale

6%

7%
47
5

2
4

26%
2%

ii*

50

Sale
Sale

10
Sale
Sale

Sale

59

7%

i8H
930*
4%
13%
26%
34%
3%
25%
11%

4%
6%

aVA
Sale

4%
45

58
r4

37%

4%
17

2%
4%
Sale
Sale

4

16

1%
r3%
28%

Sale
Sale
Sale

Sale
Sale

40
Sale

18
2

Sale

Sale

10%
Sale

Sale

Sale

Sale

98

Sale

Sale

Sale
Sale

Sale
Sale

"4% "I"

118

115

6*

Sale

Sale

Sale

34

Sale

Sale

5%
8%
66%
6%
32%
65%
11%

Sale

19%

7%
74%
Sale

84

Sale

P

Sale

5%

Sale

8

Sale
75

32

26% Sale
4% Sale

8*
SH

Sale
72
Sale

Dec.

116

Sale
Sale
Sale
Sale

llP

172%
7%
7%
31%
34%
Sale
24%
Sale
5%
Sale
10%
70
60%
Sale
47%

30

22
28
22
2
14

12

65

Dec. 27

9
28

22
21

20
2
21

28
13
22

88

_

Dec. 30

8
1

Dec.

1

Dec.
Dec.
Dec.

11% Dec.

3
Dec.
6
Dec.
7
Dec.
Dec. 15
1
Dec.

98

Dec. 31
Dec. 27
Dec. 31

43% Dec. 19
13% Dec. 30
17% Dec. 15
Dec. 30
7
5
1

10%
70
Sale

12

9% Dec. 23

60'
JO

Dec. 27
5

Sale

52

Sale

Sale

Sale

102

Sale

97

Sale

Sale

61

Sale

Sale

Sale

64%

Sale

55% Dec. 28
64% Dec. 31

Sale

9
5

Dec. 21

Mar.
Mar.

17%
lS*

6
Dec.
Dec. 31
Dec. 31

Dec.
Dec.

Oct. 21

June

21

Mar.
Mar.

Nov. 10

29% Oct.

Mar. 31

Apr.

4%
3%
32%
2%

Mar.
Mar.
Mar.
Mar.

26
7

Mar. 30
Mar. 30

4

31
30
30
29

6% Mar. 31

5% June 29
Jan.

8

Oct.

1

12% Aug.

6

38

11%

Feb. 10

July 22

Mar. 31

26

Mar. 30

25%
60%

2% Mar. 31
15

Mar. 24
Mar. 31

3% Mar. 30
8% Mar. 28

1% Mar. 28
5% Mar. 30
10% Mar. 29

77% Apr. 29
Mar. 31

31% Mar. 30
5% Dec.
8
Mar. 30

4% Apr.
1
2% Mar. 30

60

47%
5%
53%
107%
66%
69

11

49% Aug.
6
5% Dec. 31

15

Apr. 12

15

Nov. 9
Jan. 11
Oct. 17
Nov. 10

10%
8%
9%
49%

13

53% June 23
2% Apr. 13

Oct. 28

Oct. 26

July 13

5P

Jan. 13

5%
18%
2%
5%
28%

19%
55%
12%
10%
12%
4%

July
Nov.
Jan.
July
Nov.
July
July
July
July
Nov.
Nov.
Jan.
Oct.
Nov.
July

4

19

15%
98

25
10
13
19
9
25
25
25
13
9
9
12
21
12
19

77

June 27

91

Nov.

9

3%
5%
16%
25%
2%

Mar.
Mar.
Mar.
Mar.
Mar.

6% Jan.
15% Nov.
28% Nov.
38
July

10

Mar. 30
Mar. 25

44

Mar. 26

6

6

A*

28
31
29
25
29

Mar. 31
Mar. 30

Mar. 31

17% Mar. 31
55% Mar." 31
59% Apr. 20
20

Mar. 30

19% Mar. 30
5

Mar. 30

Jan.
Jan.

6

13% Nov.
Oct.

70%
15%
90%
22%
99%
83%
23%
43%
13%

1

2

Mar. 26

IH
60
3

IVA
50

June

18

Mar. 29

Apr.

1

Mar. 31
Mar. 31

8% Mar. 30
100
6

4%

Sept. 17

8
1
1

1

Dec. 27
Dec. 31
Dec. 31

Dec. 29
7
Dec.

9
27

Nov. 25

Aug.

6

Nov. 10

July

21

Nov. 10

Nov. 10
Jan.

12

Dec.

19

Nov. 12

Oct. 17

Jan. 12

tl

Nov. 22
Oct.

6

Dec.

28

87%
1%
9%
12%

55

25

Oct. 14

Aug.

10% Aug. 20

4% Apr.
May

JA

Jan. 10

8
12% Nov. 10

13

3% Mar. 26
5% Mar. 30

July 18
July

1

62

Oct. 17

7%
10%
80%

Mar. 26

13
6

11

38

Mar. 14 114

3

Dec.
Dec. 13
1
Dec.
7
Dec.
Dec. 30
Dec. 27

13

Nov. 14
Sept. 14 20
110% Jan. 20 118% Aug. 19
73% Nov. 10
Jan.
4
39
20% Nov. 10
1
12 X Apr.

1

15

16
12
19

14

Dec. 30

5% Dec.
10% Dec.

13

Mar.

Mar.

34

4

30

14% Mar. 10
43% Oct. 28
1
4% Aug.
23% Nov. 12
32
July 20
9
15% Aug.

Dec.
Mar.

4% Mar. 30
3% May 27

8

13
25

Dec.

128

Feb.

22% Mar.

5

18
25
10
5
10
12
12
2
7

Jan.

12H

Mar. 26

Dec.

Dec.

Dec.

July

15
9
30
29

1
17% Nov.
9% Oct. 21
Dec. 31
65%

1

7%
34%
65%
11%
113%
7%
7%

13 173
Dec.
6% Dec. 28
7% Dec.
Dec.
321% Dec. 7 33
21
Dec. 22
28% Dec.

Sale

Dec.
Nov.
Dec.
Dec.
July
July
Jan.
Feb.
Jan.
Jan.
11% Jan.
23
July
28
July

June

22% Mar. 31

"

JH%
Sale

May

Dec. 10
1
6
Dec.
8% Dec. 30
6
73
Dec.
36

11%
87%
%
Sale
5
Dec. 28
6%
10%
8% Dec. 21
10%
Sale
2 113%
103% Dec.
172

14

4%
68%
12%
90%
19%

69% Dec.
19% Dec.
3% Dec.

Mar. 14

49%
17%
45%
15%
70%
31
9%
107%
3%
5%

58% July 25
34% Nov. 14
71% Nov. 16

Mar.

5% Mar.

119%
8%
17%
1%

4
21

16

Dec. 31

13% Dec.

% Dec. 28

Sale"

Dec. 31
Dec.

7

9% Dec. 27
1
Dec.
83

Sale

Dec. 31

15

5 118

31

Dec. 31
Dec. 31
Dec. 31
Dec. 29

Dec.

83

28

13?

Dec. 30

Jan.

4% July 25
11
July 19

Jan.
7
50% Nov. 14

Mar.

5

Oct.

4

Jan.

1

_

Dec.

23

28

14

Dec.

30

\lA

49
6

35

.

4

8

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

2

91

6

Sale

5%

18%
53%
7%
10%
10%

3%

43% Dec.
% Dec.
46 % Dec.

Sale

4

a*

61%
15%
2%
32%
4%
6%

Sale

Sale

166

63

Sale

Dec.

4% Dec. 15

9

1

10%

Sale

Sale

17%

6%
35
31%
Sale
Sale
57%
Sale
Sale
10%
111
Sale
112% 111%
Sale
7%
6%
7% Sale
6%
7%

90

Sale

70

119

65%
17%
3%

Sale

Sale

1%
7%

Sale

31

8% Dec. 24

16

2
36% Dec.
5
11% Dec.
15% Dec. 28

Sale

71

16

42%
12%
16%

16% Sale

0VA
80

8

Sale

Sale

6% Dec. 13

94

1

20

Sale

1

15

Sale

Sale

Dec.

10

28

83

Sale

9
7

28%
3%
15%
13%

23

Sale

Sale

28

Sale

7% Sale

7% Dec.
47
Dec.

4% Dec.
43% Dec.

Sale

84%

Dec. 29
Dec. 29

28

Dec.

89%
18%

10

1

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Sale

Dec. 15
5
Dec.
Dec. 15
Dec. 15
9
Dec.
2
Dec.
7
Dec.

30

3%
61%
11%
83%
18%
87%
76%

Sale
Sale
82
Sale

1

6

Dec.

Sale

Dec.

15

30
27

33% Dec. 29
40% Nov. 10

ib

Mar.

24% Mar.
32% Apr.
39% Mar.

39%
3%
21%
30%
10%
18%
28%

Dec.

Mar. 29

% Dec.

16

Dec. 28

19

Mar. 31

15

Dec.

Sale

Sale

Dec.
Dec.
Dec.
Dec.
Dec.

17% Dec. 29
7% Dec. 15
65% Dec. 31

48

1% June 13
2

13

Dec. 31
12% Dec. 30
2
7
Dec.

5

6% Mar. 31
94
Mar. 18

Dec. 31

71

8

12% Mar. 31

Dec. 31

58

10%

18%
81%
80%
22 %

4

4% Mar. 30
10% Sept. 14

23

10% Dec. 28

72

1

23%

25

66%

1

Dec.

Dec. 31

19

Sale

Sale

Dec.

10

Sale

Sale

28%
28%
50%
53%
33%

15

28

26

12

Dec. 31
Dec. 30
Dec.
1

10

9

Sale

28

70

3% Dec. 15

26%
34%
r3%

35%

16% Dec. 15
45% Dec. 30
15% Dec. 29

28

Dec. 28

88

15

22

8
Dec.
Dec. 21
7
Dec.
Dec. 23

Sale

Sale

3% Sale
28% Sale
6% Sale

5%
8%
9%
3%

12% Dec.
24% Dec.
33% Dec.
3
Dec.

15

49% Dec.

5% Dec. 31
5
32% Dec.

8

Sale

19

9

Dec.

Sale

116

13

3

13

4

20

28

Sale

35

16

Dec.
Dec.
Dec.
Dec.
Dec.

Sale

16

Dec.
9
Dec. 13
Dec. 22
Dec. 28

Dec.

90
Sale

4%

2

25

86

Sale

Dec.

Sale

48

24

2

Dec.
Dec.

Sale

19% Dec. 27
15% Mar. 30
7% Mar. 31
29
Mar. 30
6% Mar. 31
48% May 26

29

Dec.

Sale

46

1

2

Sale

Mar. 30
Mar. 25
Mar. 26

Dec.

16

18%
53%
6%
10%
10%
3%

Mar. 30
Mar. 30
June 17
Sept. 27

1
3% Dec.
8
8% Dec.
20% Dec. 31

39

25
July
7
22% Jan. 12
23% Dec. 30

5%
8%
17%
2%

1

Dec. 23

94

91%

22
Dec. 20
Dec.

Sale

Sale

Dec. 31

19% Mar. 31
9% Mar. 31

3% Dec.

1% Dec. 22
3% Dec. 27

15

Sale

Sale

16
5

Dec.

Sale

Sale

2

10

58

i

Sale

2

Dec.

Dec.
Dec.
Dec.
Dec.
Dec.
9% Dec.
7% Dec.

13%

Sale

40

17 125
Dec.
17
10% Dec.

Dec.

4%
5%
42%
4%
30%

Sale

P

Dec.

18% Dec.
Dec.
3% Dec.
37% Dec.
3% Dec.

Sale

39% Sale

7%
5%
7%
42%

Dec.

19

59
Sale

10

26

8%
33%
2%
18%
29%
10%
16%
27%

Dec.

Sale

50

2

Dec.

Sale

4%
65%

1%

56% Dec.

2%
11%
12%
91%
16%

12%

Dec. 20

3

Sale
8
44%

5%
32%
9%
8%
22%
rl9%

1

Dec.

7%
7%
42%

48

Dec.

7

Sale

6%
Sale

7

Sale

10

Sale

Dec.

49% Dec. 13
30% Dec. 14

5

Sale

Sale
Sale
8%

WA
50

10

28

Sale

8%

10

Dec.

Dec.

3%
19%

28%

Dec.

Dec.

30

14
Sale

nflK

5

38% Sale
3% Sale
21% Sale
29% Sale
10%
12%
18% Sale
27% Sale

10%
*18%
27%

26

120

Highest
Sale Prices

Dec. 31

13

Sale

33% Dec. 29

Dec.

Sale

Sale

24% Dec. 31
21% Dec. 31
23% Dec. 30

Dec. 20

61«

Lowest

30%
7%
Dec. 28 103%
Dec.
9
2%
4
Dec. 10
Dec. 22
9%
Dec. 28 18%
Dec. 22 22%

Sale

Sale

Sale

5% Sale
6%
9%
19% Sale

1%
3

Sale

9

,VA
36

Sale

96

Sale

10

11

88

98%
Sale

Sale

Sale

81%

97%
2%
3%

Sale

93
Sale

Foreign Secur Corp ._*
*

50%
Sale

16%

.

*

Sale
Sale

92

77

Preferred

Sale

49

Preferred.
100
1,630
305,740 United Electric Coal Cos....5
36,300 United Eng k Foundry.....5
*
151,900 United Fruit
*
947,800 United Gas Impt Co.....

U S Distrlb Corp

Sale

%

27%
26%
42%

7

Sale

88

.

Preferred
*
22,300
30,100 United Merch&Mfrs.,Inc vtc 1
10
104,800 United Paperboard Co

Sale

2%

Sale
Sale

5% Sale
6%
7
3% Sale

9

30
16
21
27
5
5
2

70

10%
39%

82

113

....

Sale

Dec.

9
2
2
16
12

29%

14

1%
2
4% Sale

Preferred
100
470
*
93,400 United Carbon
20,800 United-Carr Fastener Corp.*
*
1,963,225 United Corp...
Preferred
•
369,000
212,100 United Drug Inc.—........5
United Dyewood
10
67,200

Preferred

Sale

10

$3 div cony pref

8%

Sale

23

Sale

63

Sale

Sale

16

21% Dec.
17
Dec.
18
Dec.
27
Dec.
35
Dec.
2% Dec.
35% Dec.
2% Dec.
7% Dec.
19% Dec.
39% Dec.
14% Dec.
42% Dec.

Sale

13%

56

Third Avenue

YEAR 1938

Sale Price

Highest
Sale Price

Sale Prices

28

*64%

*

Sale

8%
Sale

preferred..........100

6

39

8

39
Sale
Sale

56%
4%
43%
4%

Union Tank Car




10%

3%

48

23

The Fair Co

page

51
Sale
Sale

9

37

Sale

20%

63
Sale

100
176,600 Union Pacific
4% preferred..—.......100
41,100

see

Sale

7% Sale
9% Sale
4% Sale

Sale

Sale

3%

Sale

Sale

96,700
72,000 Underwood Elliott Fisher..*
515,300 Union Bag & Paper....—..*
982,300 Union Carbide 8c Car
229,500 Union OH, California......25

For footnotes

42

44% Sale
20%
22
54
54%

Sale

Sale

19

Ulen & Co

960,300
109,100
20,875

Sale

55
4

.....100

Mfg

cony

$1.50 preferred
*
44,050
*
43,500 Twin City Rapid Transit
Preferred
100
10,410
....1
274,600 Twin Coach Co

4,438,700

Sale

40

*

$3.60

U S Sc

32%

44

Ask

,

3%
38%
3%
8%
19%
39%

preferred—...*

l

2
509,400 Transamerlca Corp new
5
386,200 Transc & West Air Inc
59.200 Tran 8c Williams Steel Forg*
Tri-Contlnental Corp..
•
402,600
6% preferred........——.*
9,500
..*
63,600 Truax Traer Coal.....
10
10,600 Truscon Steel Co.
♦
722,900 20th Cent Fox Film Corp

143,900
5,900
5,100
9,220
71,700

Sale

39

Sale
Sale
Sale

268,000 Tlmken-Detrolt Axle Co...10

*/207,300

106

Sale

Sale

Preferred..
16,800
570,900 Tide Water Assoc Oil
$4.50 conv pref
33,000

V

8% Sale
Sale
18% Sale
7% Sale

53 %

Sale

23

7%
8%
18%

15,000 Thompson (J R)
177,300 Thompson Products
135,100 Thompson Starrett

3,700
16,400
12,400
3,100
71,700
2,900

41

39

21

Sale

27

Texas Pacific Coal & Oil...10

7%

Sale
8%
22
16 % Sale
12 % Sale

Sale

Sale

19

28

Lowest

31

22%
18%

6%
43%
4%
31%
9%
8%
21%

Thatcher

1,810

2%

6%
19%

Corp...*

Texas 8c Pacific.

590

3%

Sale

5
Tennessee Corp........—..5
Texas Corp (The)
25
Texas Gulf Producing Co—*
Texas Gulf Sulphur
*

18,800

5,300

Sale

Dec.

Ask Bid
Sale
24

Bid

1

Corp....

41,700
1.700
16,000

38

22

525,400 Tex Pac Ld Trust ctfs

100

27

*
*
*

78,300 Swift Internet Ltd
Symington-Gould Corp with
stock purchase warrants. 1
245,800
Without warrants........ 1
157,700
.-9
13,900 Talcott (James) Inc
5 % % preferred
50
1,060
elautograph

22
3

3%
8ale
Sale
Sale

...

27,100
150,400
1,516,100
379,900
283,800
377,100

Ask

2%
4%
9%
18%

1

1,372,200 Stone k Webster.....——*
.1
935,900 Studebaker Corp..
*
43,000 Sun Oil
6% preferred
100
3,290
402,400 Sunshine Mining Co.......10
122,100 Superheater Co (The)--—
1
565,000 Superior Oil
—10"
130,500 Superior Steel
10
54,900 Sutherland Paper Co
9,150 Sweets Go of Aaser (The).-50
25
232,500 Swift & Co

200

28,700
27,200

*

25
1,414,100 Standard Oil ef N J—
25,100 Starrett Co (The L S)
.10
95,300 Sterling Products Inc
316,400 Stewart Warner Corp......5
67,900 Stokely Bros k Co Inc—.—1

1,900

144,400
34,600
33,200
16,000
30,100
4,800
3,100

1

*
868,100 Stand Oil of Calif
690,600 Standard Oil Co of Ind—25
10
6,200 Standard Oil of Kansas

28,900
13.900

4,600
11,100

-.1

.

Standard Investing

11,900

4.400

48,800

..

.

153,900
117,100

420

Spear 8c Co

*
00
*

Spencer Kellogg fc Sons....*

$4.50 preferred
27,600
...
115,000 tStand Com'l Tobacco
298,700 Standard Gas k Elec
$4 preferred.
521,300
$6 prior preferred
43,800
283,200
$7 prior preferred

21,600
23,700
4,200
20,700

47,800
6,300

1st

69,600 Splcer Mfg Co
*
5,400
<3 conr preferred A.
*
1,190,800 Spiegel Co Inc
......—2
Conr $4.50 pref—
26,920
*
122,200 Square D Co class B. -—...1
•
1,291,900 Standard Branda

2,700

123,200

8c Bros
preferred
.......
Sparks Wlthlngton
Spalding (A G)

1,724,900 Sperry Corp (The) 11 c

11,200

1,500
139,700
1,600
9,900
64,900
14,800

Dec. 1

1938

24,900
4,020
244,400
18,800
14,200

RANGE FOR

Price
Jan. 3

EXCHANGE

lid

650

.251,100
9,800

N. Y. STOCK

Par

2,700

A

STOCKS

Shares

In

69

EXCHANGE—STOCKS

Mar. 31 115

27

Nov. 10

•

Dec.

13

Jan.

18

July

23

Nov. 10

Nov.

9

Nov.
4
162% Mar. 28 173
Mar, 29
10% July 19
JA June 20 35% Jan. 12
24

13
3

5}

Mar. 31

Mar. 30
Mar. 26

30% Nov. 14
7% Oct™ 11

13* NOV. 16

50

Mar. 29

Nov. 12

21

Mar. 30

2

Mar. 31

21

Mar. 31

49% Oct. 13
July 25
56% Nov. 9

45% Jan.

3 109% Nov. 21
7-2% Oct. 13

Dec.

1

*44% Mar. 31

Dec.

3

*55

Mar. 31

70%

Mar.

5

10

N. Y. STOCK EXCHANGE—STOCKS

AGGREGATE

SALES

In

12 Months

December

Price
Jan. 3

1938

Shares

313,900

13,700
9,000
970
8,300

6,000
18,600
1,200
2,000
5,100

1938

101,800 United Stockyards Corp
18v100

5,420
190,200
76,300
1,110
430,000
59,600
1,050
35,300

80

10
19,700
8,400
6,950
1,080
1,420
.

(70c)

100

Preferred

Universal Pict 1st pref

..100

^Utilities Pow & Light A

1

Vadsco Sales Corp..........*
Preferred
100

Vanadium Corp of America.*
Van Raalte Co....
.......5

7%

2,750 Vulcan

6,500
10,000
300

5,700
9,750
800

52,600
10,600
1,600
2,500
8.700
1,500
128,100
1,140
14,600
300
140

3,600
7,100
8,500
2,000
90

9,700
1,500
410

1,060
1,290

100
100

Detlnnlng..—

7% preferred...

46,000 t Wabash
Preferred A
74,400
Preferred B
1,440
39,500 Waidorf System
56,050 Walgreen Co
10,900
4%% pref with

100
100
100

*
*

warr
100
*
904,700 Walworth Co.
144,800 Walker(H) Gooder Be W Ltd.*
...

Preferred
*
15,900
48,100 Ward Baking Co class A
*
Class B
*
101,500
7% preferred
18,650
...100

1,388,200 Warner
8,280

$3.85

52

11
Sale

Sale

Sale

158

159%

%

15

l&x

32
Sale
Sale

113

3%
4%
10%
18
114% 118
49%
57
L19

125

2% Sale
3% Sale
2% Sale

40%
18%
10

41%
18%
Sale

2% Sale
36

39

5

*

154,100 Wayne Pump Co

66,300
3,650
61,800
9,100
4,740
8,610

Webster

1

conv

preferred

7% preferred

•

8,250

380

6% preferred....
...100
5,150 West Penn Pow pref 7%..100

590

6,200

25,800
6,000
3,100
10,800
52,400

48,200
50,100
54,700
310

9,200

200

24,400
11,100
6,500

3,200

3,600
23,500
4,700
29,000
4,400
20

7,100
59,700
15,800
60

2,300
1,480
6,600
8,200

75

118%

2

8%
51

19%
14

c

Sale

\X

2%

31

4,280

7 °7r

1st preferred

130

*

14

...

...»

„

Westvaco Chlorine Prod

•

5% preferred..30
110 Wheeling & Lake Erie Ry.100
630
5% % conv pref
100
271,400 Wheeling Steel Corp
....♦
Preferred.
1,500
.100
$5 conv prior preferred
16,500
•
5,000 White Dental Mfg Co (S S) .20
567.600 White Motor Co...
....1
62,000 White Rock Min Spgs Co
*
62,900 White Sewing Mach
•
Convertible preferred
55,100
*

59,500 Wilcox Oil Or Gas
5
238,300 Willys-Overland Motors——1
123,200
6% conv pref
......10
•
312,900 Wilson 9c Co
$6 cum preferred
36,100
100
140 Wisconsin El Pow 6% pref 100
154,200 Woodward Iron Co
.....10

795,300 Woolworth (F W>
312,700 Worthlngton P fit M—i
7% preferred "A"..
1,770

15

32
12

Sale

24

Sale

85*

34%

"56"

Dec.

1

131.300 Young Spring 8c Wire
1,449,900 Youngst'n Sh A Tube

10.470

2.600

Trk

7%

&

C'ch class

preferred

1% Dec.
7
1% Dec.
6% Dec. 22

5H%

6

16

Dec.

9

74

9

Sale

Sale

48

Dec. 21

Dec.
Dec.

31
1

30

19% Dec. 21
12% Dec. 28

Dec.

28

17% May 18

Dec.

1

Dec.

1

8
2

Dec.

5

23

20%

20%

Sale

Sale

Sale

36%
Sale

2% Dec. 28
31% Dec. 27
5% Dec. 20

Sale

36% Dec.

Sale

39:

3
11

14

Sale
Sale
31%

Sale

23%
Sale

3%

1%
33*

1
Sale
Sale

Sale

No par value,

3%

Dec. 24
Dec. 10

6% Dec. 16




Mar. 26
Mar. 26

Mar. 31

3% Mar. 26
20

Mar. 26

1% Mar. 31
Mar. 31

5

8
31
25

Dec. 30

17

Mar. 30

34% Nov. 10

2% Dec. 28
% Dec. 12

Dec.

12

Dec.

Dec. 30

Dec.

12
5

29

8

Dec.

13

78

Dec.

Dec. 22
Dec. 29

22%
2%
5%
%
%

2

Mar. 26

% Sept.

25%

71
Apr.
8
70
Apr.
1
82 M May 31

1

Mar. 29

Dec.

1

Dec.

8

Mar. 31
6
111% Jan.

Dec. 29

12% May 31

Dec. 31
Dec. 30
Dec.
7

3
Dec.
Dec. 24
Dec. 27
1
Dec.
Dec. 12

Mar. 31
Mar. 25

116

1

Mar. 23
Dec. 12

Dec.

1

Mar.
Mar.

Dec.

Mar.

Sale

Sale

70
80

75

15

Mar.

21

14

Mar.

39

Mar.

9

Dec. 30
Dec.
2

Mar.

Dec.

Apr.

73% Dec. 28

28
Dec. 29

Mar.

Nov. 12
Jan.
4

10%
1 y\
11%
5%
1%

Dec.
Dec.
Dec.
Dec.

27

Dec. 20
Dec. 31

Mar.

19

Dec. 29

5

Sale

Sale

58

Sale

50

Sale

5%

12%

"13%

Sale"

36

Sale

§6"" "37"
36
81

60%
23

45
Sale

63
Sale

Sale

72

§7%
37

51
Sale

73%
Sale

Sale

37% Sale
73%
80

Sale

Sale

87%
Sale

13% Sale
2% Sale

2%
2%
4%

Sale
Sale
Sale
Sale
Sale

106%

Dec.
Dec.

2% Dec. 10

24

Sale

22% Sale

48% Dec. 28
2
19% Dec.

67

66

39
54
Sale

59

38
50

119%
77

31%

$8

Sale

32%
Sale

31

82
Sale

Sale

20

Sale

3% Sale

Mar.

1

June

2

June
Mar.

4% Dec. 31
3r
7

Mar.
Oct.

19

Mar.
Jan.
Mar.

36

Dec.

38% Dec. 30

Mar.

47

Dec. 28

Mar.
Oct.

108 % Dec.
Dec.
71,
„

9

Dec.

103

12
Dec. 20
17
9
48% Dec.
80% Dec. 27
%
—

2
23% Dec.
%
17% Dec. 12

Dec.

52" '

5 121
9
78

29% Dec. 28
5
17% Dec.

19

D
~ ec.

19

Dec.

29

T)o/>

28

5
32% Dec!
20% Dec. 31
07

Dec.

20%
54.
%
86]
%
31 %
20%
3%

1
Dec.
Dec. 31
Dec. 12
Dec. 30

"'

P
3

24%

Mar.

1

Dec.

5

Dec. 28

"

Sale

Sept.
Mar.

1
51% Dec.
22% Dec. 30
66% Dec. 27

"75"

108
19% Sale
Sale

80

Dec.

2

44
Dec.
7 106% Dec.
5
26% Dec.

Sale

r25
50

Dec.

3% Dec.
2% Dec.

3% Dec. 23
Dec. 21

37

106% Dec.

Mar.

7
Dec. 12

1% Dec. 27
4% Dec. 28

14

25

14

Dec.

15

Dec.

1

J Companies reported in receivership.
Corp.

Dec. 30

61

1
15

23

Dec.

20% July

l\x
60

Mar.

Dec.

Dec.

22

9
Nov. 10
Oct. 14
Oct. 24

May

1
13
23

Nov.

Mar. 19
Jan.
4

Dec.

2

22

90

57

Dec.

26

10
11

July

SI*
95

78% Dec.

6% Sale
1% Sale
20
19%

144

29

2

Jan.

July 20

M

31

14

Sale

Jan.

Dec.
Dec.

60

2%
2%
2% Sale
4% Sale

,

IN

Dec.

Dec.

60

Oct. 15
28

Jan.

July 30
82% July 29
3
102% Jan.
103% Dec. 13
3
97% Jan.
126
Nov. 22
2
119% Nov.
26% Dec. 30
4% Jan. 10

1

18% Dec.
29% Dec.

92

r

4%

Ax

39

D3c. 12

38

Sale

•7^

Dec.
9
Nov. 10
Oct.
13

Mar.

Dec. 31
Dec. 15

38
Sale

*21

1

Mar. 31

Dec.

Sale

5

Mar. 30

38
Sale

Sale

Nov.

20% Dec. 28
19% July 27
4
July 16
51
July 20
8
July 19
45
Aug.
6
4% July 15
16% July 15

11

140
Sale

13

Dec.
9
July 22

54

30

Sale

10%

2%
4%
3%
8%
20%
87%
10%

Dec.

Dec.

90
Sale

31

5%
21
32%
21
116%
2
4%
20
15%
11
120%
28
77% Dec. 15
119% Oct. 26

3
20% Dec.
28% Dec. 22

2

Sale

14
Sale

25%

2

Dec. 29

Dec.

28

Sale

8*

Nov.

6% Dec. 16
16% Mar. 31

20% Dec. '22
9
26% Dec.
5
111% Dec.
148
136
Dec. 12
1
19%
18
Dec.

108

•

9

4 % Mar. 30
Mar. 31

16

*

.

Dec.

Dec.

7%

Deferred delivery, r Cash sales,
x Ex-dividend.
y Ex-rights,
b Change of name from United American Bosch,
g Change of name from Peerless
a

2

Dec. 27

Sale

Sale

13% Sale

100

Dec.
6
Dec.
7
Dec. 31
Dec.
7

92%
85
Dec. 28
103% 100% Dec. 15
Sale
86% Dec. 23

95
Sale

*

preferred

253,200 Youngstown Steel Door
500.700 Zenith Radio Corp
219,700 /onlte Products Corp

Mar. 29

Dec.
Dec.

8% Sale
68%
81%

...100

Mar. 23
Dec.
7
Mar. 31
June 10

Mar. 21

14

100

I

1%
1%
5%
13%

1

Sale

8% Sale
9%
10%
1% Sale
12%
13%

19

Dec. 31
Dec. 31
Dec.
1
Dec.
1
Dec. 23

1

Dec.

*

B

12

Sale

16

....

Mar. 29
Mar. 31

37

Sale

60

6% pref B
.100
Prior pref 4%% series..100
Prior pref 4% % conv ser 100
22.610 Wright Aeronautical Corp..*
31.400 Wrigley iWm) Jr
»
59.900 Yale Be Towns Mfg Co.....25

15

1% Apr. 13
5% Mar. 26
100

105
63

10"

20,000
31,500

Dec.

Mar. 30

80
67

Sale
Sale

.10

2

Dec. 22
Dec. 16

105

22

100

....

Dec.

2% Mar. 29
15% Mar. 30

7

25% Sale
28%. Sale
117% Sale

W*
30

2

13% Sept. 28

16

Sale

37%

Dec.

8

84

Sale

139
18

31

19 113

Sale

Sale

1*

1

Dec.

June

87
Sale

87

Sale

50

....

71,200 Weston El Instrument
Class A.

6

Dec.

Jan.

Sale

9%

28%
21%

4

28

116% July

2% Sale
36„
40
6Vs Sale
36%
39%
3%
4
13
17

100

1.180
12,400
113,800

*

72

Sale

3,417,200 Yel

900

3%
13

134%

Sale

101,600

41.300
21,800
22,700

11
23
4
25
10

Sale

1V
116

3%

400

T.766

Jan.
July
Feb.
July
Jan.

114%

23

890

1,000

10

Dec. 23
28
Dec.
9 115
Dec. 23
3%
Dec. 22
9
Dec. 16 119
Dec. 19
77%

154,400 Western Auto Supply Co.. 10

37,200
13,800

100

25% Dec. 31

Dec.

Sale

115

30

20,600

2

Sale

122

4,100
3,200
10
50

Dec.

4

26

Sale

24% Sale
23% Sale
99% Sale

May 11 159% Dec. 15
27% Mar. 30 83
Dec.
8
% Dec,
8
1% Jan.
7
% June 22
1% Jan. 10
16
Mar. 26
28% Oct. 20
11% Mar. 31 28% Nov. 9
14% Mar. 31 36% Nov. 12
22

Sale

479,800 Western Union Teleg
100
384,700 Westlnghouse Air Brake ...*
1,232,500 Westlnghouse El 9c Mfg..50

2

21

Sale

.100

Nov. 12
Dec. 13

Oct.
Dec.
Jan.
Jan.
Nov.
Jan.
Jan.
Feb.

117

100

13 113

Dec.

15

Jan.

116

Second preferred
14,300
42,100 Western Pacific
125,200
6% preferred

3

22% Dec. 19
28% Dec. 15
33% Dec. 31

52
86

57

92
125

66.800 Western Maryland.......100

1

3

Mar. 31

42

........100

6% preferred

5

8

Feb.

7% June 13

40

io9f*

100

5

15

37

48
134

30% Mar. 30

fA

.._..*

.....

a

28

14
13

Sept. 9
July 21
July 29
July 25

97

1

West Penn El Co "A"

3
2

AV* Dec.
20
52
Dec.
5
lix Dec.
21
86
Dec.
5 159% Dec.
5
83
Dec.
6
9
Dec.
28
Dec.

Oct. 10
June 20

Dec. 20
Dec. 31

4
*

8% Dec. 19

Nov. 12

Dec.

Eisenlohr

Wells Fargo 9c Co
Wesson Oil Be Snowdrift

$4

16% Sale
13% Sale
24%
25

16

22

38
Mar. 31
71%
91% May 31 121
29% Mar. 30 36
40
Apr. 25 47%
3
Dec. 23
5%
7% Nov. 29
10%
1% Mar. 26
3%

57

*

89,200 Waukesha Motor Co..

3% Sale
10% Sale

69% Dec. 31

3 118
Dec. 31
1
35% Dec. 31
1
45% Dec. 22
23
1
3% Dec.

40

85%

74
Sale

Highest
Sale Prices

Dec. 28

18% Sale
7

5

Lowest
Sale Prices

80
Sale

39

72%

Sale

*

114

Highest

21

38

Sale

Sale

36

...*

lip

1% Sale
7% Sale
17% Sale

7

preferred.....*

$1 First preferred
93,100 Warren Fdry 9c Pipe

24

26% Sale
32%

Sale

Sale

140

72

SIX

Sale

6

243,600 tWarren Bros
Convertible prefer red
19,800

14%

Sale

18%
3% Sale
22% Sale
L08

54
'

13%

Sale

5

Bros Pictures
conv

0

Sale

Sale

30 '
1% Sale

20

Sale

147%

9%
50
139

Sale

450

640

8
Sale

105

100

330

Sale"

97

7,450 Virginia Elec 9c Power i% pf*
4,960 Virginia Iron, Coal Be CokelOO
2,380
5% preferred...
100
2,700 Virginia Ry Co pref
..100

46
Sale

YEAR 1938

Sale Prices

Prices

Dec.
Dec.
Dec.
,Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

Sale

Sale

Sale

41

100

Sale

4%

A**
40

t

Sale

Sale

RANGE FOR

Lowest

Ask

Sale

Sale

5

0% preferred

Dec. 31

Ask

Sale
105% Sale

100

1st preferred

Vlck Chemical Co

30 Vicks Shreve & Pac Ry Co. 100
48,500 Victor Chemical Works.....5
173,000 Va Caro Chemical.......
*

142,350

Ask

Bid

1
*

*
162,700 United Stores A
9,300
$6 conr preferred
—*
14,100 Universal-Cyclops Steel
1
*
23,500 Universal Leaf Tobacco

1,110
35,400
13,000

3,200

Conv pref

Dec. 1

53 %

100
65,300 U S Tobacco...........—.
5,310
7% preferred....———25

1,830

140

Par

Shares

5,192,560 United States Steel
7% preferred
188,400

300

26,200
3,300

PRICES IN DECEMBER

STOCKS
N. Y. STOCK EXCHANGE

Mar.

P
5%

Mar.
Mar.
Mar.

Mar.
Mar.

Mar.
Jan

21
22
Oct. 19

Jan.

Aug.

6

Oct. 26
Jan. 10

July 19
Jan. 21
7

27% Nov. 14

Wi
ilv,

Nov.
Nov.

July

9
9

19

Nov. 14

48% Nov. 16
65% Nov. 9
Dec. 29
Dec. 28

Mar.

Jan.

Jan.

106% Dec.

Mar.

Jan.

Nov. 12

July 19
July 25

39

21%
109

July

5

Oct. 19
Oct. 13

25% Aug. 26
57%
86%
31%
25%
5%

Nov. 12
Nov. 15
Dec. 30

July

7

Mar.

7

f Called for redemption.

Stock Sales
Shares.

1937

1938

December

6,840,699
104,178,804

6,164,437
49,640,238

Jan. 1 to Deo. 31

Bond Sales

1937

1938

December

NEW YORK CURB EXCHANGE

OF PRICES ON

RANGE

-

Jan. 1 to Deo. 31

$31,546,000
442,361,000

$35,966,000
366,984,000

NOTICE—Deferred delivery .under the rule and cash sales, are disregarded in the month's range, unless they are the only transactions of the month,
and when selling outside of the regular monthly range are shown in a footnote in the month in which they occur.
No account is taken of such sales in
computing the range for the year.

AGGREGATE

Shares

325
500

17,900
150

7,200
7,000
6,200
200

2,100
250

630
520

1,100
1,150
600
—

*.

500
50

12,900
2,950
1.600
?00

9,150
650

14,800
1.200

900

300

9,900

Ask

Bid

Aero

19 %
3% Sale

16%

Supply Mfg class A

Class B._

*

-

1
5

Agfa Ansco Corp com
Alnsworth Mfg Corp com
Air Associates Inc common.

22

24

Ask Bid.
24
Sale
Sale

6%

Sale

11
Sale

"IK "~2~

2

20

Ala Gt Sou RR ordinary...50

Sale
% Sale
48%
52 %

Ala Power Co $7 pre*
16 preferred
,

63
52

Air Investors Inc common..*

Convertible

preferred._._*

Warrants

.......

*

_*
Alles & Fisher Inc common.*
Alliance Investment

*

com

14%

K

25%

%
58

Lowest

„

61

Ask

r26K Sale

32

28 %
22
5%

10 K

6% Sale

1

.

Bid

34

Acme Wire Co ▼ t C........26

%

24

22

5% Sale
32%

307%

220M
,61*
72%
62%

Sale
Sale

Sale

11%

2%

2%

2

2K

2

1

1%

IK

IK

1%

Sale

13

conv

Highest

Sale Prices
Dec. 30
26
Dec.
22
5
Dec.
5
5
Dec. 22
32

5% Dec.
9% Dec.

9
5

Dec. 28
Dec. 16

2

21

23

Sale

Kt Dec. 28
56
Dec.
5
71
Dec. 27

Sale

61

%

a62%
2%
1%

Allied Internet Investing..

Dec.
Dec.

2

13
12

1% Dec. 17
5
% Dec.

Lowest

Sale Prices
28
Dec. 30
22% Dec. 23
Dec. 30

6
34

Dec.

1

7% Dec. 31
12% Dec. 15
Dec. 30

3

Dec.

16
Dec. 16
Dec. 27
Dec.
8

21
60

75

63% Dec. 19
Dec.

2

12

1% Dec. 27
5
% Dec.

preferred.........*

Allied Products Corp com..10
Class A
25
Aluminum Co common...

6% preferred...

*

100
*

Aluminum Goods Mfg
Aluminum Industries com.

117,800 Aluminium Ltd....
6,450
6% preferred
111.600 American Airlines

7
10
13% Sale

77 % Sale
105
Sale

15%

*

Sale
20

Sale

112

Sale

14 K

15

90

1
100

32,130 Amer Box Board Co com
1
2,700 Amer Capital Corp cl A..10c
Common class B
10c
14,100
5,700
13 preferred
*
15.50 prior preferred
1,150
*
153,800 American Centrifugal Corp.l

98

9%

K
48
7%
3

%

8% Dec.
9
19
Dec.
19%
116% Dec.
Sale
110
Sale
zl08% Dec.
14
Dec.
14%
15
3% Dec.

7%
18%
128%

Sale

Sale

136

Dec.

1%
Sale

Sale
4%

23

K
23%

57

65

IK Sale

139 %

Sale

108

Sale

70

100

940 American BOok Co_.._.

16%

8K

17
120 K

*

Inc.... 10

4,400 Amer Beverage Corp

50

1,900
1,100
2,800

Par

Dec. 31

Dec. 1

1938

2,625
2,400
147,600
11,500
56,900
27,400
35,200
4,000
27,000
2,425
3,660
4,117
3,300
5,150
1,800
2,500
1,700
1,600
163,300
29,710
9,200
2,860

1938

Jan. 3

1938
STOCKS

YEAR

Price

NEW YORK
CURB EXCHANGE

12 Months

Shares

RANGE FOR

PRICES IN DECEMBER

SALES

In
December

109% 107% 109% 107% Dec.
Sale
18% Dec.
20% Sale
% Dec.
1%
K
1%
59
Dec.
64
58
61
Sale
7% Dec.
8%
9%
4
2% Dec.
4 %
2%
% Dec.
%
K
%
23
25
22% Dec.
24%
75
73
67% Dec.
67%
1
Dec.
Sale
1%
1%

20%
60 K
9K
2K

K
22%
67 K

IK

139

8

8% Dec.

8

Sale Prices

17% June 17
14% Feb.
5
2% Apr.
1
23
Jan.
4
5% Mar. 31
7% Oct. 11
Mar. 28

1

11% Mar. 29
% Sept. 29

33% Apr. 20
50% Mar. 31
44% Mar. 29
Mar. 30

2

K Apr.
%Aug.
8% Aug.
6
May
12% Mar.

Dec.

12

5 129% Dec.
Dec.
14 112

15

58

1

93

Dec. 23

12

19

Highest

Sale Prices

12

kr.J-5

19

4

11
10
23
26
31

14

Dec.

12

5

3

June

6

10 142% Dec.
Dec.
27 109
12
20% Dec.

15

67

Mar.

10

94% Feb.

16
28
9
2

12

29

10

63

Dec.

8

1
Dec. 21

44
2

16% Mar. 11
5% Feb. 25

Oct.

64

Oct.

July
Aug.
Apr.
July
Aug.
3 K Mar.

Mar.
*i6 Nov.

10% Mar.
Apr.

56

24

Nov. 12

1% Jan.

Mar.

3

7

19% Nov. 15

22

6% Mar.

68% Dec.
1% Dec.

15

7
K Feb.10% Nov. 10
11
Aug. 26

112

% Mar.

9% Dec.

2
% Dec.
23% Dec. 22

6

1% Oct.

145% Nov. 12

Mar.

8

Dec. 23

6

2% Jan.

Mar. 30 129% Dec. 15
Nov. 12
Apr.
4 114

Dec.

1

Feb. 10
22% Dec. 23
6
Nov. 23
37
July 19
10% Aug.
8
12% Nov. 18
3% Nov. 22
23
Nov. 22
K Nov. 23
61% Nov. 16
76
Oct. 15
67
Oct. 17

34

20
8

19
11
2
30
11

1

1

Dec.

Dec. 31

16

Apr.

30% Oct.

Dec. 30
Dec.
1

16%
1%
25
15%

Apr.
Mar.
July
Mar.

18
3% Jan. 15
27 % Jan.
4
30% Nov. 9
2
July
5
12% Feb. 15
37% Oct. 15

Id

Amer Cities Power Ac Lt Corp

2,050
4,550
10,600

11,400
29,400
79,300

Conv class A-.
Class A with warrants

..25
25

Class B..

1

2,400

260 Amer Cyanamld com c| A.. 10
Common class B a V
486,600
..10
48,500 Amer Ac Foreign Power warr.
12,500 Amer Fork Ac Hoe Co com...*
*
460,800 American Gaa Ac Eleccom
$6 preferred.
24,325
...*

15,300
1,000

60,000 American General Corp...10c
12 preferred............
13,700
1

42,700
16,100
1,900

58,900

175

500

12.50 preferred...

6,550 Amer Hard Rubber Co com.50

125

1,225 Amer Invest of 111 com
19,600 Amer Laund Mach com....20
25
123,400 Amer Light Ac Trac com
6,800
6% preferred
.25
7,650 Amer Mfg Co common
100

1,800
900

1,425

165

19,500
2,200
1,400
250

17,900
1,500
172,500
1,500
7,800
1,200
3,800
2,300
2,200
210

18,000
11,400

144,100
34,432
1,900
5,250

Preferred

...

........100

American Maracaibo

*

Amer Pneumatic Service

12,600 Amer Thread preferred.....5
*
21,800 Anchor Post Fence com

22,200 Angostura

Wupperman

23,500 Apex Elec Mfg Co

1

common..*

Appalachian Elec Power—•
17 preferred
3,325
62,200 tArcturus Radio Tube

1

50

2,400

15,800 Art Metal Works common...5

10,200

118,400 Ashland Oil Ac Refining Co.l
50 Assoc Breweries of Canada. *

50

•

2

27 K

28% Sale

28

27

Sale
Sale

2

Sale
IK Sale
11% Sale

Sale

28

Sale

27

Sale

Sale •

110
4

Sale

9
22% 'Dec.
22% Dec. 21
1% Dec. 21

r% Sale
10%
32% Sale

3

23 %

4

24%

%

Sale
Sale

%

26

Sale

32

29

13

4%
24%
27%
10%

25%
%
9%
29%
116
112%
Sale
4%
Sale
23%
27
28%
Sale
9%
Sale

10

12 K

20

24
19

Sale

17%

Sale

Sale

Sale

17

Sale

18

12 %
22

26

25%
16%

26

18 %

23

63

73

65

K Sale

Sale

26

27

16
50

Sale

Sale

Sale

22

%
%

Sale"

6
1

74
13
3K

IK

3%
10

Sale

6

3%

Sale

78

4K
Sale

6%
Sale

6%
4

K
2%
2%
6 %
83%
6%

8%

62
Sale

56
5

5%

% Sale
70
76%

%
2%
2%

Sale
Sale
Sale

6

Sale

85

Sale

Sale
7%
Sale

5

33

Dec.

16

% Mar.
8% Mar.
19% Mar.
104
23
25

Mar.

33

Dec. 30

8

Mar.

14% July 25

Dec.

3

26

26

Oct.

Dec. 20
5
Dec.
Dec. 20
Dec. 19

18

Dec.
Dec.

June 27

17%
15%
25%
12%

14% Mar. 30

20

Aug.

17

Dec. 31

10

26% Dec. 28

22

Dec.

28
2

17

3
14

6%
4%

Sale

Sale

3%
Sale

6%
Sale

% Dec.

Mar. 29
June 29

% Dec.

1

Dec.' 31

Dec.

58

15
Dec. 27

16

Dec.

14

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

20

Dec.

1

5

28

5% Dec.

15

3

10

Dec.

108%
%6
2%
2%
5%
83%

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

28
19
10

9

Dec.

29

73

Dec.

1

23%

Dec. 31
Dec. 31

I*

Dec.

5

Dec.

5

12% Dec. 30

19 109% Dec. 29

17
19

% Dec.
2% Dec.

1

3

Dec.

6

29

8

Dec.

10

1

85

19

5%, Dec. 22

4% Dec. 28
Dec. 30

5

Apr.
Dec.

June 17
Mar. 26

16

Dec. 27

Feb.

4

2% July

11

4

Dec.
Dec.

19
10

4

Apr.

1

Jan.

6

16% Feb. 21

109% Nov. 22
%«Feb.
8
4% Jan. 11
4% Jan. 12

2% Mar.
4% Mar.

Dec.
1
Dec. 30

17

11% Aug. 16
7% Jan.
6
1% Oct. 17
75
Jan. 17
27% Oct. 28

Sept. 14

2%~ Mar.

7

7% Dec.
16

96

59
5

Dec. 30

25
6

% June 30

Mar. 28

.6

18% Oct.

1

26% Dec. 28
Jan. 17
70
Sept. 13
1
Jan. 12
32
Oct. 26
58

Mar. 30
Mar. 18

%
55%
8%
3%
1%
2%
7%

1

Nov.

23

% Dec.
Apr.
% Dec.
30
Jan.

29

8%
4%
%
66%
15%
3%
1%
2%

28

5% Nov. 7
28% July 21

11% Apr.
54
Apr.

54

16

.

21

6

6

9
28

115% Nov. 18

Apr.

2% Mar.
Apr.

Dec.

16

3

Dec. 20

26

Sale

Sale

Sale
Sale
Sale
Sale

28% Dec. 30
5
1% Dec.
10% Dec. 20

18

30% Oct.

24% Dec. 31
6
28% Dec.
7
11% Dec.

% Dec.

%

19%
3%
3%
1%
IK
2%
3%
12% rl2%

Sale
Sale

5
13

85
Sale

20

14

3% Sale
6%

5K
Sale

6%

K Sale
3% Sale

71

56
Sale

13
17

2

5 115% Dec. 27
1
4% Dec.

%
29

IK

%

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

27

26

115

1 OH

.*

Amer Potash Ac Chem Corp..*
285.000 Amer Republics Corp com 10
38,400 Amer Seal-Kap Corp com
2
623,900 American Superpower
*
1st preferred S6 series....*
9,400
Preferred $6 series
*
72,800

25 K
24 K

Sale

2K

1

American Meter Co

*
99,900 Arkansas Nat Gas com
Class A
...♦
383,800
Preferred
10
61,800
720 Arkansas P At L 17 pref
*

40,800
18,000

30
Sale

27

1,000

13,500

26
24

Dec. 10
9
July 20
5% Nov. 4
16
Dec. 30
8

Mar.

86

Mar.

9

3% Mar.
Dec.

Nov.

Associated Elec Industries—

3,700
7,400
57,200
6,900

15,200
800

10,000

American deposit rects

£1

35,700 Assoc Gas Ac Elec com
Class A
312,125
15 preferred
55,800
Warrants
98,100
3,600 Assoc Laundries of Amer

1

...

1

......

•

......

7

Sale

9%

Sale

8%

%

Sale

1

Sale

1%

Sale
Sale

Sale
7% Sale
%

.........

*

%

9%

8%
%6 Sale

50

RR Co pref
10
100
170 Atlanta Gas Light 6 % pref 100

36,100

71,900
5,050
115,000
72,420
184,600

12,200

47,700

For footnotes

Atlantic Coast Fisheries...

Atlantic Coast Line Co....50

Atlas Plywood Corp..
Austin Silver Mines.

78%

3%
28

4%

63

1

&

3%
%
23

K Sale
IK Sale

8% Mar. 31

11% Jan. 27

Dec. 31

% Dec. 14
K Apr.
1
3% Mar.30

1% Oct.
11% Oct.

Dec. 28

%9 Jan.

5

% Mar. 24
% Mar. 24
2
Sept. 6

Jan.

17

1% Dec. 31
8% Dec. 31
Dec.

28

31

% Dec.
1
% Dec. 28
3% Dec. 29

Sale
Sale

Sale

1«<

Mar.
3
67
Mar. 30
2% Mar. 31

70

3%
30%
%
23%

Sale
Sale

%
23%
Sale

Sale

1%

%4 Dec.

1

Dec.

70

Sale"

Sale

...*

Automatic Products Corp..5

53.

73

% Sale

Atlas Corp warrants

see page




•

8% Dec. 27
% Dec. 14
% Dec. 16
6
Dec. 13
1
% Dec.
% Dec. 28
7
2% Dec.

Sale

V t c common
*
2,100
400 Assoc Tel & Tel class A.....*
Atlanta Birmingham & Coast

400

12,100
1,960
22,100
13,100

10% Sale
%
1
IK Sale

3

Sale

2%
26%
%
22%
%
1%

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

13
2

28
19
3
28

3%
30%
%
25%

Dec.
Dec.
Dec.
Dec.

16

Dec.
Dec.

31

%
6%
%
%

Mar. 30

Dec.
Mar.
Mar.
Mar.

28
30
26
26

Jan.

1

8
1i

17

Mar. 16
3% Dec. 39
-as

3

70

Mar.

98

Nov. 17

5% July 25
30%
1%
25%
%
3

Dec. 29
Jan. 11
7
Dec.
Jan. 12
Dec. 31

YORK

NEW

42

AGGREGATE

SALES

December
8hares

Shares

30,000

175
25

700
150

71~, 600

1,100
401,000
18,940

1,970

11,600

Dec. 1

1938
Par
Auto Voting Machine com.."
Avery (B F) Sons Co
5
6% preferred w vr
25
6% preferred iw
25

Bid

Ask

7 X

8

634

834

142,100 Babcock

3,650
36,500

26,670
276,100

7X
434

IX

Sale

Dec. 31

Ask Bid

13%
154

Corp

Axton Fisher Tob class A.. 10

19,300

Bid

16

Purchase warrants
Aviation & Transport

DECEMBER

RANGE FOR

YEAR

1938

Price
Jan. 3

STOCKS (Continued)

3,500
2,600

EXCHANGE

PRICES IN

NEW YORK
CURB EXCHANGE

12 Months
1938

In

CURB

7X
534
17 X
20
2X

334 Sale
45
Sale

Lowest

Ask

7%

8%
4%
534
13
1934
1334
19
134
IX
3% Sale

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

734 Dec. 28
4

Dec.

7

Mar. 28

Dec.

10

834 Dec. 15
434 Dec. 15
1734 Dec. 16

4

16

5

15

Dec.

12

Apr.

15

3

Mar. 30

334 Dec.
2
40% Dec. 28

Dec.

12

134 Nov.
334 Dec. 30
4634 Dec.
1

1334 Mar
19

31

Sale

20% Sale

2834 Dec. 22

3134 Dec.

1434

18

Sale

21X

Sale
7
134
Sale
1034

2134 Dec. 31
834 Dec. 31
734 Dec.
7

1

Sale

1734 Dec. 12
5% Dec.
2
7% Dec. 22
X Dec. 15

& Wilcox Co

634 Mar. 31

15

934 July 29
834 Jan. 12
21

20

254 Jan.

Mar. 26

June

Jan.

20

1734 Aug. 26

7

13

3 34 Dec. 30
4634 Nov. 29

30
3

15

37

Oct.

2234
834
934
I34
234
10
734
934
434
6334
634

Nov. 9
Dec. 31
Jan. 15
Jan.
8
Jan.
8
Jan. 18
Nov.
7
July 23
July 12
Mar. 5
Jan. 29

14

Nov. 14

Baldwin Locomotive—

700

1,4(00
22,300
400

3,900
16,000

120

100

255,625
5,880
13,500
176,700

2,900
1,200

2,200

675

20,600
1,600
2,700
1,100
460

250

1,650

Barium Stainless Steel

4,000

1

Barlow & Seellg Mfg class A. 5
Basic Dolomite Inc common. 1
Bath Iron Works Corp

1

Beaunit Mills Inc common. 10

$1.50

conv

20

pref

*
*

83,500 Berkey & Gay Furn Co
49,000
Purchase warrants
4,200 Blckford's inc com
950

2,000
4,000

23,600

Birdsboro Steel

450 Blauner's

*

1X Sale
8X Sale
6 X
7X
7X Sale

8
1

1

y% S*ile

634 "OX
834 Sale

Fdy Ac Mech *

Common

.......

7% 1st pref

6

5

24

13

1%
16

Sale
Sale

334

Sale

5X
16

4%
26 X
10 X

Sale
Sale
Sale-

4

5%

13

Dec. 23

60

4

Dec. 27

5

11634 11734
4 34
6

119

120

14

17

% Sale

X
X

10

11

13

%
X,
15X

834

Sale

Sale

30

Sale

10X

Sale

Dec.

4

120

8

2
2434 Dec.
934 Dec. 20

122

12034
17%
1134
15%
2734
34
% Sale
Sale
34
15% £1334

128

7X Sale

2

Dec. 20

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

8X

134 Sale
37

38

Sale

IX Sale
LX
38 X

41

10%

IX
38

Sale

Sale
Sale

534
234

Sale
334

1534

1734

10

334

1034
434

54

X

IX

Sale

IX

Sale

IX
2
12 X Sale
6
634

2X
10 X
7 X
10X

3
Sale
Sale
Sale

334
834
834
1254

Sale
9
Sale

7 X
3
21

8X

25

7Vs
234
2234

24

10 X

10

1034

4

4% Sale

3%

8%
334

28
21
6

8

Dec.

8

Dec.

6

Dec. 28

1

Dec. 21

3534 Dec. 22
634 Dec. 13

Dec.

1

21

Dec. 27

2

10

Dec.

J

Dec.

13

Dec.

5

Dec.

20

3434 Dec. 29
8

Dec.

2

8

Dec.

8

1634 Dec. 31
2034 Dec. 14
154
3834
734
334
2334

Dec.
Dec.
Dec.
Dec.
Dec.

31
8
16
10
28

834 Dec.

7

9

Dec.

15

Dec.

15

5

Dec.

6

2

1

Mar. 29

7

June 27

5

June

18

434 May 27

434 July
51

12

Mar. 31

3

May
Oct.

6
21

134 Mar
834 Mar

834 Dec. 29
Dec.

30
Nov. 22

234 Mar
Apr.

147

16734 Nov. 25
Dec.
121
2

L1334 July
534 Mar
1434 Mar
34 May

18

12

9*Oct.

20
13
5

Feb.

Sept.

3

Dec.

Oct.

10% Dec. 31
2234 Nov. 14

434 Mar
11

'Mar

34 June
Apr.
434 Mar

134 July

34

6

Nov. 12

44

1234 July
534 Oct.

1034 Mar
834 Dec.
234 Apr.

25
21

31

Mar

1

12

Dec.

Mar.

8

10

Jan.

A

934 Mar.
6

Dec.

134 Jan.
,

30

Aug. 26

31

54 Dec.

Dec. 29

4

4

8*

22

634 Dec.

17

Dec. 30

Dec. 30

Dec.

Dec.

foi

16534 Dec. 15

16

23

11

2

834 Dec. 29

Dec.

19

12

7

28 121

8

"634 Sale'

Dec. 23
Dec.

1
234 Mar 28
434 Mar 28
34 June 20

11

£162

*

preferred—....

43,400 Brazilian Tr Lt Ac Pr ord
*
82,800 Breeze Corp
...1
381,100 Brewster Aeronautical
..<1

125,200 Bridgeport Machine

*

com

100

Preferred

2,000 Bright Star Elec class B
24,700 Brill Corp class A...
18,100
Class B
7%

Dec.

Dec.
Dec.
Dec.
Dec. 31

15

.........100

2d

370

1

134
834
634
834

1134 Apr.

20

Oct.

13

Aug.
534 Nov.

4
7

Biltmore Hotels—

14,600

9,900
4,800

Dec. 29

60
5

14

*

common

17,600
6,500

80

1

734 Dec.
5
5% Dec. 20
634 Dec. 23

33

96,200 Blue Ridge Corp com
1
18,400
$3 opt conv pref
*
55,500 Blumenthal (S) Ac Co com....*
8,125 Bohack (H C) Co common.. *
2,460
7% 1st preferred
...100
2,350 Borne Scrymser Co
2b
10,150 Bouriols Inc
•

500

1,350

854 Sale

m

Sale

246,000 Bliss (B W) Ar Co common.. 1
5,520 Bliss & Laughlln Inc com...5

810

"""266

"634 Sale"

1

100 Bridgeport Gas Light Co...*

14,000

334
654
134
234
734

$2.50 Conv pref

Bowman

1,000
2,700
3,400
16,000
60,600

for com

3,700 Benson & Hedges com
2,704
Convertible preferred

50

26,350

warr

96,300 Beech Aircraft Corp com—1
218,100 Bell Aircraft Corp common..1
190,700 Bellanca Aircraft common..1
1,680 Bell Telep Co of Canada.. 100
1,765 BellTelep of Pa 634% pf..l00

275

300
125

Purch

Sale

800 Baumann (L) & Co com....*
220
7% 1st preferred
100

1,050

11,200
7,200

30

preferred

53,200 Baldwin Rubber Co com
1
16,500 Bardstown Distillery Inc...l

10
500

46,700
72,600
26,300

7%

12

preferred

*
*
*

100

Brlllo Mfg Co common

*

Class A

134 Dec.
17

Sale

4

33

23

32

9X Sale
85

7X

36

Sale

Sale

X
X
334 Sale
154
2
25

7X

8X

11

Sale
IX
Sale
11X

31

22

*

434
IX
25 X

Sale

3134
3534
7% Sale
7134
75
54#
34
4% Sale
IX
1%
2834
32
11
11%

Sale

Dec.

3

Dec.

834 Dec. 28
654 Dec. 21
934 Dec.
5

1934
354
1034
834
1234

554 Dec. 28

7 34

Dec.

2

12

334 Dec. 28
1

Dec.

13

2334 Dec. 13

Dec.
Dec.
Dec.
Dec.
Dec.

15
31
1
31
31

Dec." "I

% Dec. 22
434 Dec.
1
134 Dec.
6
Dec.

30

Dec.

30

14

Dec.

1

11

Dec.

5 £12

31

Dec.

1

31

2134 Dec.

8

2134 Dec. 21

-

34 Mar
7

Jan

23

Apr.
434 Sept.
76
May
54 June
2
Apr.
34 Mar
15
Apr.

Dec.

2

7

29

1934 Dec. 15
454 July
2
14
July
2

134 Jan
7
734 Mar 30
3
Sept. 28
234 Mar. 30

834 Nov. 23
1234 Dec. 31

25

Oct.

33

8*

15

Jan.

10

Mar. 19
Oct.

x

24
21

12

Dec.

14

31

634 Mar.
2834 Mar.

11

534 Oct.
234 Oct.
Oct.
30

Nov. 30

24

British-American Oil Co.—-

400

4,600

1,000

*

20

2034
20X

21

20

20 X
20 X

21%,

.*

21%

21

2134
2134

263
263

27 X
27 X

23%

23X
24%

22

23

23 X

2134

2354

IX

%

Coupon stock (bearer)
Registered

18

21 % Dec.

Apr. 12
1934 Apr. 29

21

July

8

2234 Mar. 29
2334 Sept. 16

2734 Apr
2634 Jan.

13
28

21

British Amer Tobacco, Ltd—

10,700
1,100

Amer

dep rets ord bear. £1
reg...£l

Amer dep rets ord

British Celanese Ltd—

1,600

5,100

Am dep

rets

ord reg

10s

150 British Col Pow class A

"i',906

26,000

200

4,500

4,200

19,500

10

90

15,400
1,300
2,800
6,600

197,900

1,900
10,900
200

1,100

2,700

1

5

Class A preferred

Distillery.__1

$6 preferred

Cables Ac

1

Prod

v

1*9",800
250

16,100

200

150

3,900

36,100
1,300
1,800

480

A stk

•

Class B

♦

Dec. 28

2234 Dec. 29
23

134

2X

21

7

734

Sale

3

Sale

2%

Sale
1434
28
Sale

254

2%

634
1334
2734
2134

OX
39

9
Sale

21X

22

106

"U" Sale"
2X

3
Sale

1534
234
..254

Sale

6

1534
27

2034

1634
2734
Sale

Sale
234

'1434 Sale"
2

254

234
234

X*

Dec.

1

134 Dec. 23
30
5

Dec. 23
Dec.

17

6
1434 Dec.
2234 Dec. 14
1934 Dec. 22
105

Sale

15

1

Dec.

28

7

33

Jan.

25

1534 Mar. 18

33

July

54 July

Dec.

16

1434 Dec. 31
234 Dec. 27
9
234 Dec.

%,

Nov.

734 Dec.

15

5

Jan.

3

8

Dec.

15

14

Apr.

18

23

234 Dec.

7

Dec.

23

Dec.

6

Dec.

15

Dec.

2

Dec.

1

Dec.

28

Dec.

3

30

634
1634
2734
2134
10734
1534
234
254

X

X

3

Dec. 27

Oct.

% Sale

17
39

Oct.

25

3
5
107 34 Dec. 28
1834 Nov. 12
334 Jan. 15

Mar.

Dec.

5

234 Aug.
134 Mar.

% Dec.

16

15

Jan,

2234 Mar.

1

54# Jan.

31

434 Apr.
18
Apr.

Dec.

Dec.

40

234 Apr.
6
May
22 54 Dec.
1854 Apr.
88
Apr.
10

7

Mar. 14

334 Jan. 13
May
2
7 34 Nov, 16

134 May
28

8
1

21

2

5
19

534

3 54
19

4 34
2134

16

Oct.

5

19

Mar. 18

1734

1934
21
3X
434
334
4
IX Sale
10 X Sale
IX Sale

30

3134

33

34

14 X

1834

22

334
19

IX

21
3X
20 X
Sale

234

J2M
23ijmx
134
7
1

4

24

Sale

334

4

1,060 Castle (A M) Ac Co
.....10
Cataiin Corp of Amer
1

138,700

234
2 34
134

30
434
Sale

1834
3
24

1834

11

Sale

16

17

23

20

234

2X

30
1434

6

Sale
7

1734
2234

434 Sale

Dec.

3334 Dec. 29
234 Dec. 27

234 Dec.
% Dec. 20
734 Dec. 22
1
34 Dec.

334 July

134 Dec.

1

8

Dec.

20

1

Dec.

1

4

Dec.

7

134 Sept. 28
134 Sept. 28
34 Sept. 27
7
Apr.
9
34 Jan. 27
15

4

Dec.

2434 £2234 Dec.

'A

Sale
Sale

OX

3 34
3 34
Sale

"""% Sale"

87 34
80
28 X

31

9

Sale

$6 preferred

382,700 Carrier Corp common
1
14,100 Carter (J W) Co common....!
31,100 Casco Products

110

25,400

conv

7,600 Carnation Co common
_•
71,300 Carnegie Metals Co com
1
1,590 Carolina P Ac L $7 pref......*

50

2X

18

5

3,250 Canadian Car Ac Fdy oref..25
10,800 Can Indus Alcohol cl A.... *
B non-voting
2,500
.....*
133,500 Canadian Marconi Co
1
3,175 Capital City Products.
*
129,400 Carib Syndicate com
25c
200 Carman At Co

1,600
10,300

634

21%
Sale

34 Nov.

19

7

Wireless—

Am

125 Camden Fire Ins Assn

1,500

Sale

20

*

t c

dep rects 534% pref.£l
2,250 Caiamba Sugar Estate Co.20
400

2034

*

9,400 Bruce (E L) Co
5
10,600 Buckeye Pipe Line.
50
40,600 Buff Niag Ac East Pow pref.25
13,700
$5 1st preferred
*
115,600 Bunker Hill Ac Sullivan..2.50
4,300 Burma Corp. Amer dep rets..
28,200 Burry Biscuit Corp
12 He

800

25

*

Brown Rubber Co. com

10,900 Cable Elec

34 Dec. 20
1734 Dec. 22
1
634 Dec.
20

%

28
22

Brown Fence Ac Wire com

Brown Forman

1

*

100

22,900 tBrown Co 6% pref

3,000

IX

7
8

34 Dec. 20

X

2434 Dec. 29
54 Dec.
2

Feb.

11

2
Aug. 18
1734 Apr.
4
34 Dec. 20
6534 Mar. 31

89

87

Dec. 22

89

Dec.

10

82

77

Dec. 20

80

Dec.

8

60

20

Sale

17

Deer 10

16

534
1454

634
1554
2434
Sale

534 Dec. 23
1354 Dec. 28

2034 Dec. 15
634 Dec. 13
1634 Dec.
7

21

434

Dec.

5

434 Dec.

1

20

23

Dec.

534 Dec.

14

6

Mar. 29

5
22

Jan.
Jan.

12
25
5

21
Oct.
33 34 Dec. 29

434 Jan.
3 34 Jan.
154 July
1034 Jan.
134 July

8
26
5
3
5

16
Apr. 14
434 Nov.
7
2434 July 19
134 Jan. 10
89
Dec. 10
80
Jan.
4

Jan. 10
734 Aug. 10
2334 Aug. 24
25
Jan.
8
534 Dec.
6

Sept. 17
434 May
4
634 Mar. 29
17
Apr. 29
134 Apr.
1

32

June 27
Mar. 22

92

Celanese Corp of Amer—

1,275
1,000
110
100

2,500

6,410
7% 1st partlc pref....
100
12,900 Celluloid Corp com.......15
1,710
1st preferred
...»
$7 dfv preferred
2,450
*
*
29,500 Cent Hudson G Ac E com

454

8734
434

85

Sale
Sale

434

Dec.

3

334 Dec. 27

92

Dec.

7

50

434 Dec.

6
14

48

55

13

1334

1334

1334

90

91

8834

834
87 34

834
8 8 34

92

154
34
1034

134
Sale
Sale
434

13

60

Dec.

24

10 X

Dec.

25

Dec.

16

14

1334 Dec.

5

90
834

88

Dec.

5

1334 Dec.

15

Dec.

2

834 Dec.

5

340 Cent Maine Pow 7% pref__100

"""430
1,200

6,890 Cent N Y Pow 5% pref
26,600 Cent Ohio Steel Prod

400

9,500
48,800
1,975
2,925
725

1,075
2,200

3,185

100
1

Cent Pow Ac Lt 7% pref_._100
Cent Ac Southwest Utii—

Common
98,600
50c
1
247,100 Central States Elec com
7% preferred
100
16,220
29,925
6% preferred
100
Conv preferred
1,825
100
Conv pref opt ser 1929..100
6,650
32,500 Centrifugal Pipe Corp

89

89X
OX Sale

78

80

IX

X
13

5X
OX

2X
Sale
Sale

Sale
12X

8

Sale

134 Sale
34# Sale
10

434

Sale

534
4%
434

454
8X
354 Sale
n

434
334
334

Sale
Sale
434
434

834
6 34

634

734

5 34

6 34

Dec.

13

734 Dec. 21
88

Dec.

7

134 Dec. 28
34 Dec.
7
734 Dec. 22
3

Dec.

21

334 Dec. 12
234 Dec. 12
334 Dec. 28

90

92

Dec. 31

134
%6
1034
434
434

Dec!
Dec.
Dec.
Dec.
Dec.

3
31
3
31
7

Dec.

6

434 Dec.

9

4

3

64

Sept. 14
Mar. 26
Mar. 31
May
3
Apr.
6
June
7
Mar. 31

1

Mar. 26

14

1034
6834
7554
434

34 Sept.

9

6

Mar. 31

3

Mar. 26

334 Dec. 12
234 Dec. 12
334 Mar 26

Dec.

7

634 Oct.
Jan.
69

25

Oct.

25

30

12

1434 Oct. 25
8834 Nov. 22
92

June 28

1034 Nov. 16
92

Dec.

31

'234 Oct. 17
54 Jan. [12
17
July
7
734 May 11
10
Apr.
9
734 Feb. 21
4% Aug.
1

Chamberlin Metal Weather

500
900

275

7,800

Strip Co
5,300 Charts Corp com
2,875 Cherry-Burrell Corp

For footnotes

see




page

53.

5

10
com

5

OX
Sale

734
634

6

Dec. 21

534 Dec. 27
14

Dec.

24

734 Dec.
5
634 Dec. 15
15

Dec.

8

5

June

5

Mar. 31

1

1234 June 16

834 Jan.
734 Jan.
Jan.

21

18
3
13

PRICES IN DECEMBER

SALES

AGGREGATE

December
Shares

HEW TORE
CURB EXCHANGE

12 Months
1938
Shares

In

>

600

1,900
2,300

Par

Bid

.2r

Chesebrougb Mfg

100
40
9

Chicago Flexible Shaft Co..5

Chicago Rivet 8c Machine...4
Chief Conaol Mining Co
1
Child* Co preferred......109

170,900 Cities Service common..
10
Prefer rod.....
190,700
.1..—*

44.900

79,300

19,800

$.500

Preferred B._
Preferred BB...

2,940
5,575 Cities Serv Pr
6.575
t7 preferred

1,590
575
650

30

..*

32

5,000 City & Suburban Homes...10
5,500 Clark Controller Co
1
—

135,700

Claude Neon Light* com
..1
800 Clayton 8c Lambert Mfg Co.*

12,750

Cleveland Tractor com..

500

10,100
17.90a

4*4 Sale

8*

20
1H Sale

7*4 Sale
43 *4 Sale
3*4 Sale
35
Sale
Sale

46

49*4
47*4
6*4 Sale

Highest

YEAR 1938

Lowest

Sale Prices

Sale Prices

Sale Prices

126

129*4 116*4 Dec.

r70

Sale

Dec. 29
Dec.
7
Dec. 22

6 128

'Sale

Dec. 29
724 Dec. 27
*4 Dec. 20
53*4 Dec.
2

62

754 Sale

5*4 Dec. 21

8

8

8*4

*4 Sale
59

51

Sale

69

Dec. 10
Dec. 15
Dec.
1
Dec.
1

41
3

4*4 Sale
50
45
55
60*4

46

56

48*4 Dec.

60

r6*4 Sale

16 H

30*4
*

36*4

Clinchfield Coal com.....100

4*4 Sale
3*4
3*4

Sale

1*4 Sale

35

2

Dec. 20

6

4*4 Dec.
7
17
Dec. 28
24 Dec. 14

Dec. 28
Dec. 28
3
Dec.
1
Dec.

75
8

*4 Dec.

7

Dec.

7

Dec. 30

53*4 Dec. 28
5

Dec. 28

Highest

97

Sale Prices
Dec. 29
Mar. 30 128

40

Jan.

3

5*4 Mar. 30
*4 June
1
20*4 Mar. 31

79*4 July 19
9*4 July 22
% Jan. 10
62
Dec.
7

5*4 Sept. 14
21A Mar. 30

11
MayJIO
53*4 Dec. 28

2

Mar. 28

50*4 Dec. 28

20

Dec. 28

26
29

Mar. 30
Feb.
3

61

61*4 Dec. 28
6*4 Dec.
1
4*4 Dec.
7
20
Dec.
1*4 Dec.

2

1

Club Aluminum Utensil com *

1*4

38

36
5

Sale
1*4
1*4
2*4 Sale

36*4
38
5 *4 Sale
1*4
2
2*4
2*4

Feb.
8
Mar. 24

4

2*4 Mar.
13
Sept.
*4 Dec.
2*4 Mar.

18
29
14
26

Dec. 16
5*4 Dec. 30
1*4 Dec. 23
2*4 Dec. 28

30*4 Feb.
8
3*4 Mar. 29
1*4 Nov. 26

8*4 Dec. 22

554 May 13

6
Dec.
Dec. 14
5
Dec.
2
Dec.

3*4 Dec. 31
4*4 Dec. 14
9
Dec. 31
98
Dec. 12

34*4
4*4
1*4
2*4

39

Cohn & Rosenberger torn.

2*4 Sale
3 *4 Sale
Sale
Sale

5

56

2*4 Sale
4*4
4*4
7*4 Sale
84*4 Sale

3*4 Sale
4*4
4*4
8*4 Sale
93*4
94

2*4
4*4
6*4
81*4

1

Mar. 30

7

1*4

Cockshutt Plow Co Ltd....*

130,200 Colon Development Co Ltd.
23,000
6% convertible preferred£1
92,100 Colorado Fuel 8c Iron warr
53,500 Coir's Patent Fire Arms MfgJA

15,400

7H

Lowest

Ask

6*4 Dec. 28

Cleveland Bloc Ilium com..

38.800
7,300
45,000
1,400
2,200

'1,200

Sale
4
38
Sale
39

33

75,600 City Auto Stamping Co.....*

2,000
9,500
2,000
6,100

31

37

pref..*

600

13,600

K
28

115*4 117
74*4 Sale
'

Dec. 31

Ash Bid

Bid

%>
SA
54 H Sale

■

......*

6,900
450

Dec. 1

Ash
102
Sale
Sale

3

8c Lt 11

RANGE FOR

Price
Jan. 3

1938
STOCKS (Continued)

7,000
48,000
12,900
24,800
26,245

450

3,150

43

EXCHANGE

CURB

TORE

NEW

JAN., 1939]

Mar. 18

1*4 June
3
Mar. 28

3*1

3*4 Mar. 26

5

May 10

50*4 Dec. 28
67
Feb. 23
72
Feb. 23

8*4 Oct. 22
4*4 Nov. 23
Jan.

18

2*4 Jan.

24

20

Mar. 11

4

39*4
6*4
3*4
2*4
12*4
8*4

Oct.
Feb.
Jan.
Nov.
Aug.
Dec.

27
23
10

17
4
22

3*4 Jan. 10
4*4 Aug. 17
9*4 Nov. 10

Mar. 30

98

Dec. 12

47*4 June 20
2*4 Sept. 26
13*4 July 12

70

Oct.

45

Columbia Gas 8c Elec Corp—

5,375
5% Coot preferred
.100
..1
332,670 Columbia Oil 8c Gas com
75 Columbia Pictures Corp....*

1,175
48,400

Sale

57

Sale

4

2*4 Sale

3*4 Sale

52*4 Dec. 28
9
2*4 Dec.

58

Dec.

2

3*4 Dec. 31

15

4*4 Jan.
7
Aug. 23

16

Commonwealth 8c Sou Corp—

Warrants................
417,590
6,400 Commonwealths Dlstrlbut..l
8.587 Community P & L $6 1st pf..*
Community Public ServiceCommon
...........25
14,575
1
19,100 Community Water Serv

142,500
1,700
837
2.025

3.800

*4 Sale
*4
1*4

*4 Sale
*4
*4

19

Sale

28*

Sale

*4 Sale
%
,24
29*4 Sale
28

Sale

*4

*4

*4

*4

12*4

13*4

15*4

16*4

6*4

aVA
Sale

25*4 Dec. 28

1
*4 Dec.
7
*4 Dec.
29*4 Dec. 31

16

25*4 Dec. 22
% Dec. 19

28*4 Dec. 28
9
% Dec.

17*4 Sept. 16
*4 Apr.
9

28*4 Nov. 18

Dec. 19

11

1654
*4
7*4
8*4

% Dec.

1

Dec.

6

„

4

*4 Jan.

13

1
Mar. 29

1*4 Oct.
35*4 Oct.

15
28

XA% Aug.
*4 Feb.

Jan.

1

14

Nov.
Dec.
Sept.
Oct.
July

9
13
13
17

Compo Shoe Machinery—
V t cext to 1946..........1

15,100

1.800

14*4

15*4

6*4 Dec.

2

9
1554 Dec.
*4 Dec. 13
2
6*4 Dec.
8*4 Dec. 29

Dec.

1

72

14

*4 Dec. 13

100 Conn Gas & Coke Security..*

100

36,900
638,600
27,700
2,450
44,600

3,000
46,100
9,<400

"iuoo

Consolidated Biscuit Co

1

Consol Copper Mines
5
Con Gas E L Ac P Bait com..*

5% preferred A
Consol Gas Util

110
600

5,100
400

500

4,800
3,100

68

7
71

Sale

8 *4

72

Sale
Sale

70

Dec. 29

*4 Sale
54

57

3 *4
82*4
1*4

3

81*4
1*4
3*4 Sale
75

80

% Sale
58*4
59*4
Sale

"aV*

1*4
5*4 Sale
82*4 Sale

L% Sale
59*4
6

60
Sale

"1*4 ""1*4
6*4 Sale
84

81 *4

*4
*4
6 *4 Sale

8*f

9

8*4

9H
7*4

6*4 Sale

8*4 Sale

8*4 Sale

4*4 Sale

5*4 Sale
26*4
27*4
2*4 Sale
68
75
*4 Sale
5*4
7

10

Sale

%, Dec. 28

Sale*
9*4

58

Dec.

5

4

Dec.

5

87*4 Dec.
1*1 Dec.
5*4 Dec.
81*4 Dec.
*4 Dec.
8*4 Dec.
7*4 Dec.

8

20
28

13
2

10
22

9
*4 Dec.
61*4 Dec. 15

6
92

Dec. 22
Dec. 27

1*4
6*4
82*4
*4
9*4
8*4

3
Dec.
Dec. 15
1
Dec.
7
Dec.
Dec. 16
6
Dec.

8*4
18*4
5*4
26*4
2*4

Dec. 27
Dec. 10
1
Dec.
6
Dec.
Dec. 31

....

7,400

73,300
3,600
21,100
7,200
26,500
1,400
170,625
21,000

400

3,000
1,100
4,200

22",625
2,600

Cooper Bessemer Corp com.. •
$3 prior preferred........*
Copper Rang* Co..........*

Copperweld Steel

10

19

Corroon 8c Reynolds.... ...1
86 Conv pref A....
....„*

60

com...

Cosden Petroleum

1

com

8% preferred—..........50

„*4 Dec.

3*4 Jan.
3*4 Mar.
55

22

2*4 Sale
70

5*4

5*4
25
27*4
2*4 Sale
70

8
7*4 Dec.
16*4 Dec. 16
2
5*4 Dec.

Dec. 27
5
1*4 Dec.

25

75

2
13*4

1*4
6*4

Sale
6*4

*4 Dec.
5*4 Dec.

1*4 Dec.
7*4 Dec.

6*4 Dec. 19

1*4
11

6*4 Dec. 19

23
Nov. 16
1*4 May 10
65*4 Oct. 26

74
117

Mar.

113

..1

com

40,600 Cons Retail Stores Inc com. 1
730
8% preferred...........100
10
14,900 Consol Royalty Oil....
118,700 Consol Steel Corp common..*
4,475 Cont'IGdcE7% pr pref...100
3,200 Continental Oil of Mexico..!
55,500 Cont Roll k Steel Fdy com..*
*
6,800 Cook Paint 8c Varnish Co
$4 preferred
110
*

17,800

64

Dec. 23

5

.......100

19,750 Consol Mln 8c Smelt Ltd....6

1,450

3*4 Sale
4*4 Sale

Mar.

Aug.
% Apr.

48 % Apr.

2*4 Mar. 25
July 19
1*4 June 10

70

2*4 Mar. 30
67*4 Apr. 26
'Ae May 26
4*1 May 27
6*4 Mar. 25
51
Apr. 27

4*4 Mar. 28
14

Mar. 29

4*4
18*4
1*4
53 *4
*4
4*4

May
June
Mar.
May
June
June

20
14
29
3
4
13

Dec. 22
Dec. 27
1*4 Jan.
7
75i Oct. 26
86
Oct. 25
*4 Jan.
8
11
Nov. 10
11*4 Sept. 7
54*4 Mar. 14
6

92

10*4 Oct.

14

Nov. 14
July
7
30
2
Aug.
3*4 July
7
75
Nov. 4
254 Jan. 10
21

8

13*4 Jan.

10

Jan.

12

Courtaulds Ltd...........£1

400

33.400
5,100
9,700
1,200
5,000
1,600

3,200
283,000
91,100
115,100
5,140
22,500
11,400

Am-dep rets for ord stk

1,700

Cramp (Wm) 8c Sons Ship &
Engine Bldg Corp
....100
Creole Petroleum

5

com

Crocker Wbeeler E!ec Mfg..*
Croft (The) Brewing Co
1

Crowley MUner 8c Co com
•
Crown Cent Petrol (Md)_.__5
Crown Cork Internat cl A..*

Crown

11,500
450

req

-

900
250

5,200
1,800
220
50

200

Drug common....25c
63,300
Preferred
..25
1,350
16,999 Crystal Oil Ref Corp com...*
6% preferred............10
2,289
11,600 Cuban Tobacco com y t c_.
10,550 Cuneo Press com
6*4% preferred.........100
750
50 Curtis Lighting Inc com
*
450 Curtis Mfg Co (Mo).........5

34,500
8,000
42,100
5.550
3,100
9,900

3,300
800

3,600
850

3,100
800

Darby Petrol Corp
Davenoort

.....5
Hosiery........

Dayton Rubber Mfg

1

Class A
common

Delays Stores Inc

3*4
4*4
9*4

25

4*4
11

1*4 Sale

600

40 De Vilbiss Co

40

3
26

342H

common

800

*4
3*4
2*4

9*4

Sale

*4.
5
3*4
10*4

1*4 Sale

*4
*4
23*4 Sale
7a
7*4 Sale

3

2*4
9*4

3*4
2*4
9*4

1*4 Sale

22*4
7*4
*4
2*4
2*4
9*4
1

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

23 .24*4 Dec. 30
28
8*4 Dec. 15
14
23
22

23

Dec. 28

12*4 Dec. 24
*4 Dec. 21

3*4 Sale
43

45

3*4
4*4
49*4 Sale

Dec. 23

Dec.

22

6*4 Dec. 27

15*4 Sale

7

Sale

9*4

12*4
20

16

7*4 Sale
15
15*4
15*4 Sale

23

25

7*4
15

7*4
16
25

1

7

4*4

5*4

3*4

1*4

6*4
4*4

"l*4

26

Sale
5*4

2*4

6*4 Dec.
Dec.
14*4 Dec.
23
Dec.
6*4 Dec.
4*4 Dec.
15

27
20

7*4
8*4
14*4
15*4
1*4
1*4
1*4 Sale
2
2*4

30*4 Sale

30

33

9

9*4

2*4

7*4 Dec. 15
16*4 Dec. 16
Dec. 16
Dec. 30
Dec. 31

5*4 Dec. 13
30

Dec.

3

2*4 Dec. 15
43*4 Dec. 20

7
Dec. 23
5
2
2
Dec.
7
2
Dec.
2
Dec.
32*4 Dec. 17
5
Dec. 12 x27
Dec.
Dec. 20

13*4 Dec. 22
2*4 Dec. 28

3

Dec. 28
Dec.
7
Dec. 30
Dec.
2
Dec. 22

7*4 Dec. 12

25
7

1*4 Dec. 14
1*4 Dec. 24
9
1*4 Dec.
29

1

7

27

7*4 Dec. 28
14

24

10

12

16

28
«
25
Dec.
6
1*4 Dec.

2
Dec.
Dec. 13
5
Dec.
Dec. 13

1
1*4 Dec.
16*4 Dec. 19
2
*4 Dec.

9

43*4 Dec. 20
8*4
9
14*4
15
1*4 Sale
2
2*4
2
2*4

*4
3*4
2*4
9*4

1
4
3*4 Dec.
3
51
43*4 Dec.
108
Dec. 12 110
1

common.

2,225 Diamond Shoe Corp com...
9,625 Distilled Liquors Corp.....8

100

8

9

9,400 Detroit Gasket 8c Mfg Co
1
6% preferred w w
20
4,300
74,200 Detroit Gray Iron Fdry com. 1
14,600 Detroit Mich Stove Co..
.1
19.200 Detroit Paper Products.....!
*
33,800 Detroit Steel Products..

700

11,800
2,300
1,500
2,500

22*4 Sale

Sale

695 Dennlson Mfg 7% pref....100
39,100 Derby Oil 8c Ref com.......*
A cony preferred........
575

315

2,700

3*4i

•

...35

Decca Records

*4
*4
23*4 Sale
6*4 Sale

8*4 Dec.

15

1*4 Dec.

13*4 Dec. 22
2*4 Dec. 16

6*4 Dec.
*4
17*4
3*4
*4
2*4
2*4

19

May 18
Mar. 31

8

Mar.
Dec.
Dec.
Dec.
Sept.

1

Mar.

28
14
23
22
26

12

1*4 Feb. 14
27*4 Jan. 12
10*4 Nov. 9
*6 July 29
5
Jan. 15
5
Jan. 12
11*4 July 22

1*4 Jan. 12
20

12*& Dec.
*4 Jan.
7
Jan.

Sept. 29

1*4 July
24

13

Aug. 18

5*4 July 29

2*4 Mar.
25
May

51

Dec. 30

Jan.
Dec.

110

6*4 June

10

Dec.
2
Dec. 22
Feb.
8

102
1

1

5*4 Mar. 31
May 13
5*4 Apr.
1
17
Apr. 29

10

6*4 Dec. 27

3*4 Mar. 25
25

Mar. 14

1*4 Dec.

6

37*4 June 10

26
7

Nov. 9
Dec. 31

7*4 Jan.

17

Jan.

28

3*4 Jan.

7

40

58

Feb. 17

9*4 July

6

15 k Nov.

5*4 June
10*4 Mar.
1*4 Mar.
May
1*4 May
14
Mar.
24

10*4 Aug.
8
16*4 Oct. 25
17*4 Nov. 10

9

2*4 July 19

11
3*4 July 23
3*4 Jan.

35*4 Oct.
%27

Dec.

11

May
2*4 Dec.

Dec.

16*4 Sept.
9

Jan.

15
5

8
8

Distillers Co Ltd—

4,800
900

2,100

,

Am dep rets ord reg
£1
•1,900
27,700 Dlvco-Twln Truck Co com.. 1
1
3,200 Dobeckmun Co common
23,400 Dominion Steel 8c Coal B..25

20 Dominion Textile Co

50
700
~

sT.ooo
725
3,600
5,600
1.900

37,500
18,900
17,000

7,900
1,000
5.900
650

1,000

3,090 Draper Corp

9,200

com

10
299,300 Eagle Plcher Lead Co
*
63,700 Eastern Gas 8c Fuel Assoc
6% preferred..
......100
46,900
4*4% prior preferred...100
23,525
3,450 Eastern Malleable Iron Co.25
29,800 Eastern States Corp com....*
87 preferred series A......*
9,175
86 preferred series B
»
11,375




22*4
3*4 Sale

12*4
Sale

8

11*4

Sale

11*4

20*4
3*4
8
12

21*4
Sale
9*4
12*4

,

1
3*4 Dec.
6*4 Dec. 22
11

Dec.

3

_

18

18

19

67*4

65

Dec.

67*4 Dec. 29

19*4

21

17*4 Dec.

19*4 Dec. 29

Jan. 14
Mar. 31

47

J* Sale
A*
64
*4

1*4
Sale
7*4 Sale

6*1

8*4 Sale
2*4 Sale
27
49

1*4

Sale

50*4
1*4

65

Sale
3*4
4*4
5*4 Sale
7*4 Sale

11*4 Sale
1*4 Sale
12

Sale

19*4 Sale
1*4
19*4

18*4

65
2

68

2*4

5

Sale

7

Sale

14*4
1*4
12*4
24*4
8*4

1
1*4
21*4 rl8
21*4 18

65
2

Dec. 13
1
Dec.
Dec. 16

4*4 Dec. 28
6*4 Dec. 27
1

Sale
Sale
Sale
Sale
Sale
1*4

11*4 Dec.
1*4 Dec.
9*4 Dec.
17*4 Dec.
7*4 Dec.
% Dec.

Sale
Sale

16*4 Dec. 27

17

8

1*4
67*4
5*4
5*4
7*4

1
Dec.
Dec. 30
7
Dec.
1
Dec.
1
Dec.

14*4 Dec. 31
1
1*4 Dec.

24

Jan. 14
67*4 Dec. 29
Oct.

28

110*4 Nov. 20
2

Feb. 28

6754 Dec. 30
5*4 Dec.
7

Mar.

*4 Jan.
3*4 Mar.

6*4 Jan.

May

7

Mar. 29

7

9J4 Feb.

6

1

14*4 Nov. 9
3*4 Jan. 11

3

14

Mar. 29

26

Jan.

18

18*4 Dec. 15

13

Mar. 30

26

Oct.

27

24 *4 Dec. 31
9*4 Dec. 15
2
1*4 Dec.

28

Jan.

16*4 July 25

Sept.
Dec.
Dec.
Apr.
Dec.

13

20

Dec. 10

13
67

1*4
9*4
17*4
6*4
%

Dec.

20
28

June

*4 Sept.
54

24*4 Feb. 28
4*4 Dec. 24

24

11*4 Mar.
103

1

1*4 Sale

2

6*4 Dec. 22
9
Sept. 14

65
14

Nov.

2*4 Mar. 30

4*4 Dec.
8*4 Dec.
12*4 Dec.

67

»

210
7% preferred......
..100
40,100 Dubilier Cond Corp com...!
.100
7,625 Ouke Power Co..
19,300 Durham Hosiery cl B com...*
63,700 Duro>Test Corp common... 1
♦
22,800 Duval Texas Sulphur

s.

10
15

»

Driver Harris Co common..10

For footnotes see page 53.

21 *4

2i*

19

Dec.

11

26
20
20
21
28

31
52
13
1

Jan.

13

May 13
Nov. 16

*4 Jan.

8

44

NEW

aggregate
In

December
8hares

Shares

,150

1,100
3,500
245,800
9,500
3,300
9,700
14,500
1,700
4,700
11,600
975

CURB

sales

EXCHANGE

PRICES IN

NEW YORK
CURB EXCHANGE

12 Months
1938

6,600

YORK

Dec. 1

1938
STOCKS (.Continued)

DECEMBER

RANGE FOR

Par

41,200 Easy Wanhtng Mach claaa B„*
2,400 Economy Groc Stores com..*
18,100 Edison Bros Stores
..2
39,100 Eisler Electr's com
.1
2,799,600 Electric Bond 8c Share
__„5
105,400
$6 preferred
*

Bid

Ask

34,700
$5 preferred
;
81,500 Electric Power Associates
52,900
Class A

Dec.

3 K

1

Ask

Sale

Lowest

Highest

Sale Prices

Sale Prices

2K Dec. 22
1434 Dec. 28
3
1534 Dec.
K Dec. 24

58

2K
2K

234

Sale
Sale
Sale

Sale

Sale
2K

5
2

Sale

2

Highest
Sale Prices

17
Sale
Sale
Sale

1634
134
1134
6434

Sale
„

Lowest

Sale
Sale

2K

7034

7354

7734

10

12

1034
1034
134 Sale

yy

Dec.

10

60

Dec.

8

55

Dec.

5

234 Dec. 10

2K Dec.
Dec.
23
3 K Dec.
134 Dec.
Dec.
72

3

10
6
1

12

3K Dec. 31

1534
1634
134
11K

600

18,500
41,300
5,550
3,100
29,730
16,500

10,800
350

10,550
6,850
3,075
1,125
250

3,000
42,300
8,600
600

3,500

8,500
800
400

1,100
2,500

"4",700
100

7,600
190

24,200
475

2,700

"7"800
550

$4 participating pref
Etectrographic Corp com

*

Electrol Inc

1

1

v t c

Empire Dist Elec 6% pref.100
Empire G 8c F 7% pref
100
_

21,600 Emsco Derrick & Equip Co.5
228,800 Equity Corp common.....10c
132,600 Esquire-Coronet
...1
1,600 Eureka Pipe Line.
50
European Elec Co of Can30,400
Option warrants

IK

.

134

IK

27

35

57 34

19

13.

22

10 K Apr.

Dec.

1

Dec. 31

45 J4

63

Sale

32
28

38K

46

47

63

Sale

36K

43

44

62

28

37

4334

47

62

Sale
63

Falrchlld Aviation com

2034

9%
% Sale
9% Sale
17 34
21

88

2f4

10

934

J?

1

Falstaff Brewing

1

Fanny Farmer Candy com__l
Fansteel Metallurgical Corp*
Fedders Mfg Co common....5
Fed

Dec.

15

5
IK Dec.
19K Dec. 29

2234
Sale

% Sale
Sale
1834
20
8 34

45K Dec.
4534 Dec.
4434 Dec.

5

6K

7

934
7 34

21

6K
20

21K

554
7K

Sale
8
22

10 K

734
20 K

Sale

4

6K

6K

634

Sale

_734
21

434
Sale

2

1

Fidelto Brewery

1
10

Flsk Rubber Corp common.. 1

6% preferred

20K

21K
17K
Kb Sale

61

55

54

18K
9H
K

19 H
12 54
Sale
63 K
Sale

1834
9
*

Sale
1134

17

16
2K Dec. 22
234 Dec. 30

36
2

Mar. 30
Mar. 30

65

Oct.

Oct.

17
17
28

6K Oct.

28

1
Dec. 31

2634 Dec.
5

5
234 Dec.
77 K Dec. 31

2K
10K
234
2134

Dec. 23
Dec. 28
eDc. 10
Dec.
2
Dec.

Ford Motor of Canada cl A__*

Class B

2
Mar. 29
15 K Mar. 31

2K Mar. 29
134 Apr.
4
60
Apr. 21
2K Dec. 28
10

Mar. 30

"is Oct.

5

7

Jan.

14

5K July

1

254 July

1

35

77 K Dec. 31
6

Jan.

13

Jan.

14
31

1634 June 14
31K Jan. 10

2K Oct. 27
24 K Nov.
7
58 54 Nov. 10

28

65

Dec.

65

Dec. 27
Dec. 29

27
Dec. 27
Dec. 29

32

Jan..26

2

65
65
65

28

Jan.

65

63K Dec. 24

28

Feb.

27
28

24

1734 May 12

22

8
1
1
Dec. 13

6K Mar. 31
K Mar. 31
7
May 20

12

2
2

Dec.
Dec.
Dec.
Dec.
Dec.

24

22

Dec.

2
21

UK
%
9K
17K

Dec.
Dec.
Dec.

16

20

2

2
834 Dec.
5
7K Dec.
:c2134 Dec. 14
1

534 Dec. 21
1534 Dec. 28
Dec. 23

10

•34 Dec. 27

c

6134 Sale
11K Sale

Dec. 28

57

Sale

9K

36

Sale

68

Sale

66

15 H

Sale
16

21K
2234

Sale
2334

22

Sale
134
1034
Sale

*

15K

Amer dep rcts__Ord reg £1
Ford of France Am dep rcts_.

5K

2234

6734
Sale

23

934 Dec.

1

70

5K

100

1

13

Oct.

Ks Dec.
10K
7 34
22K
434
634

16

6

Dec. 30
Dec.
7
Dec.
7
Dec. 21
Dec.
3

Jan.

27

Dec. 20
in Mar.

Mar. 26

2

Mar. 30

4

63 K Dec. 24
Feb. 16

4K Mar. 30

Oct.*

% Jan.

17

11

13

Jan.

31

Jan.

8

K» July

13

7

6K Mar. 28
1634 Mar. 31

27

15

10 K Dec. 30
10
Apr. 28
22K Dec.
7
6K July 29
8
8K Jan.

Dec.

16

61

Dec. 20

2034 Dec. 19
21
Dec. 23

19K Dec.
7
10
Dec. 23
K# Dec.
7
62 34 Dec.
6
11K Dec. 30
74K Dec.
5
70
Dec.
1

Jan.

14K
9K
%
39 K
434
48K

Sept. 26
Nov. 28
Sept. 16

23
Jan.
14 K Mar

18

Kb Jan.

12

Apr.
1
Mar. 31
Mar. 29

68

26

Mar. 28

31

Dec.

6

x8K Sept. 19
14 K Mar. 31

2234 Dec.

8

15

22

32

31

32
6

Fire Assoc of Phlla

IK Jan.

15K Oct.

Compress & W'house__25

Ferro Enamel Corp com
Flat Amer dep rets

18

70

Dec.

Dec.

34 Mar. 30
4K Mag. 31

4 K Jan.

15 K Dec. 19
17 K Nov. 14

Mar. 30

2134
934
34
834

4

26
2

42

47

16

Jan.

19

66 K Dec.
62
Dec.

59

36

6 5 34
46

50

30

10

34 Dec.

Florida Power Ac Lt $7 pref__*
100 Ford Hotels Co Inc...
*

68,100
6,225

16

IK

Elgin National Watch Co..15

8% preferred
100
9,800
6% preferred
100
2,375
6K % preferred
100
2,900 Empire Pow Corp part atk__*

181,300
29,700
5,900
8,900
16,700
10,000
34,700
1,900
63,100
4,722
240,400
3,925
25,700

234 Dec. 28
11

2K June 20

Dec.

Dec.

Electric Shovel Coal Co—

720

1938

Sale Prices

3K Sale

3K
1634
Sale
Sale

5734
2K
234
26K
434

15,140 Electric Pow 8c Lt 2d pf A
*
58,300
Option warrants
45,300 Electric Shareholdings com. 1
5,520
$6 Conv pref with warr
*

31

Ask Bid

66

•
1

.....

Bid

15K
IK
10 K

3K Sale

....

300

YEAR

Price
Jan. 3

Jan.

Nov.

10
9

11K Dec. 30
77 K Oct-

18

75K Oct.

28

x8 K Sept. 19
24
Oct. 18

Mar. 24

24K Oct.

Sept. 26
Mar. 18
Jan. 25
Apr.
2

5K Jan. 13
2K Apr. 13
10 K June
6
5K July 19

24

Ford Motor Co, Ltd,

12,800
1,200

T, 200

72,470
2,100

2,400 Fox (Peter) Brewing Co
5
12,600 Franklin Rayon Corp com__l

6K

9

3K
134
934

3K

4K

4

2K

2

334
IK
934
434

Sale
IK
11
434

3K Dec. 24
IK Dec. 27
4

Dec.

4K Dec.

3

734
1734
1134

8
17 34
Sale

7

8

Dec.

17

Dec. 14
5
Dec.

18

11

Dec.

12

12

Dec.
Dec.

9
10
1

15

Dec. 24

3J4 Dec.
1
IK Dec. 10

3K
IK
7K
2K

Froedtert Grain & Malting

1,400
1,350
1,600
600
625

375

13,400
11,500
11,100
2,700
3,125
1,925

10

Common
Partlc

1

conv

preferred-...15

Fruehauf Trailer Co

1

Fuller (Geo A) Co com

2,200
200

1,300

800

2,900

111,000
1,160
1,910
2,700
45,500
3,600

210
300

5,000
1,300

Gen Investment Co

Sale
17
21
40

19

17
21

3434

37

15

8K

£1

*

9%
Sale
IK
2

18K
11K

12 34

1334

12K

$6 Preferred....

*

34
48

'"IK "2" '"Ik" ""2~"

19 K
Sale

18

18K
13 34 Sale

1734
1234

Sale

Kb Sale
5234
70

34> Sale
5634
65

Warrants

65
'n

*

KB

64

38

Dec. 28

80

Dec. 28

78

87

Jan.

12

Aug.

Dec. 28

87

Dec. 28

75

89 K Nov. 21

1834

2K July

6

12
5

1634 Mar. 18

19 K Jan.

155?

Oct.

19
14

14

Dec. 20

41K Nov. 3
34 Apr
12
4034 Sept. 27
*64 May
6

46

Nov.

65

4

80

Mar. 29
K Aug. 19

53

IK Dec. 13
17K
12K
42 K
34
57

Sale

Dec.
Dec.
Dec.
Dec.

Dec.
i6i Dec.

29
28
20
14

57

1

65K Dec. 28
Dec. 21
1
Dec. 23
1434 Dec. 16
49
Dec. 19
40

*

...

1

K
16

41

50

1
15 K

Sale

48

49 K

49 34

134
Sale
51

II*

42M

Gen Outdoor Adv 6% pref. 10ft

*

IK Dec. 28

28

General Pub Serv $6 pref
General Rayon A stock

General Telephone Corp...20
$3 conv preferred
*

Mar. 30
9K Nov. 10
Oct. 13
Jan.
3 zl8
12 K Nov. 12
Mar. 30
19K Sept. 1
Mar. 7
Dec.
3 25 K Sept. 8
43
Oct. 14
Mar. 7

3
1734 Dec.
3434 Dec. 28

13 K

*
1

com

17K Dec.' 9
2034 Dec. 12
Dec.
6

6K
14K
5K
6K
17 K

87

7554

150 General G & E $6 pref B_

100

350

*

•
General Elec Co of Great Brit

32,700

1134
1534
1834
3734

80

...100

com

5% preferred.....

12,800
American dep receipts
30,700 Gen Flreprooftng com

50

Sale
9%

834
17 K Sale
.

*

pref

23,800 General Alloys Co

10,000

8K

*

conv

1,400 Gatineau Power Co
260

1434

1
*

$3 conv preferred
54 Conv pref

170 Gamewell Co $6

"""16

8

Dec.

Dec.
Dec.

1

Dec.

14

Dec.

14
6

Dec.

15

K2 Dec.

lly*
49

IK Dec. 23
1
16K Dec.
51

28

Nov. 16
7K Mar. 31
Apr.
2
IK Mar. 28

Mar. 30

9

30

Feb.

8K Mar. 30

Dec.

23

40

Dc.

15

72
July
434 Apr.

Mar. 30

27
4

9

K July 23
58

Oct

26

6
July 21
July 26
IK Jan.
7
16 K Nov. 26
51
Dec. 23
»e« Aug.

Gen Tire & Rubber—

60

640

600

1,600
400
80

200

30,100
400

2,700

100

1,000
600

16,200
600

7,500
425

2,925
2,500
3,700

1

*

*
*

$7 preferred..:

13,700

8

8

6

634

Sale

'7734' "7734

*

♦

tGrand National Films Inc.l
Grand Rapids Varnish Obrp *
com..

10

Gt Atl 8c Pac Tea 1st pref.100
common stock

*

Great Northern Paper Co..25
Greenfield Tap 8c Die com..*

Stores Prod—

Common

Dec. 22 100

534 Dec. 20
31K Dec. 13
75

Dec.

28

63 34 Dec. 23

6K

8

6

38 34

30

Sale
43 K
754
534
534
27
2834
6

534

Sale

Sale

534
534
3134
10 K

6K
Sale
32
Sale

34

234
1934

20

20

17

3
Sale

5

634
Sale

46

Sale

3034
534

3234
6

234

334

34
734
1134
124

2834
934

29J4
10

18

9834
%
234
1934

1934

2134

Sale

20

Sale
934
4K
534
11934 12054
%

8

234

0

234

Sale
22

K
234

Sale
834
Sale

""734 Sale"

Sale

126

1034

67 K

Sale

6934

39

Sale

38

Sale

-

734

534 Dec. 28
30

5K

97

15

12

1

Gorham Mfg Co—
V t c agreement extended.*

Gray Tel Pay Station

534

32

*

99,100 Goldfield Consol Mines
3,500 Gorham Inc class A com
$3 preferred
4,350

Non-voting

4K
28

*

*
1,200 Gilchrist Co
169,400 Glen Alden Coal Co
*
5,020 Godchaux Sugars class A___*
Class B
*
22,800

10,200
191,200
7,000
117,500
5,175
22,980
17,900
50,000

95

80 K

$5 preferred
4,900 Gilbert (A C) Co com
750
Preferred

Grocery

900

.

50

390

"14,706

100

2,100 Gen Water Gas & Elec com.
$3 preferred
1,175
8,590 Georgia Power $6 pref

175
10

6% preferred A

7

Dec.

1

5K Dec. 16
434 Dec. 28
28

Dec. 28

834 Dec. 20

250

490

25c

$5.50 preferred

2K

234
18 K

37^ SalF*

*

1,850 Gypsum Lime 8c Alabastine.*

5,600
700

25,900
4,500

200

2,300
900

2,500
2,300
5,500
4,200
1,350
19,100
1,300
650
300
100

2,500
600
50

2,100
1,100

Hall (C M) Lamp Co

•

Haloid Co

5

800 Hartford Electric Light

27,700
11,100
23,500
14,200
34,400
57,400
5,050
190,700
5,700
2,700
1,900
1,550
14,200
7,225
.1,750
14,900
86,400

For footnotes

see




25

Hartford Rayon com v t c._l

iHartman Tobacco
Harvard

Brewing

com.no par

Co

2K
934
52

134
1

1

1

1

4 34

Corp
•
Hearn Dept Stores common.5
6% conv preferred
50

1434

Hat

Corp of Am cl B

com

Hazeltine

Hecla Mining Co
Helena Rubenstein Inc
Class A

25c
*
*

Heller (W E) 8c Co common._2

7%

cum

pref

w w

Hewitt Rubber Corp com

Heyden Chemical Co
Hires (Chas
Hoe

E) Co class A
(R) 8c Co class A

Holllnger Consol GM

page

.53.

Dec.
6
8134 Dec.
9
6534 Dec.
6K Dec. 24

57

Jan.

30

June 18

5

Mar. 31
Dec.

20

Apr.

41

24

13 K Mar.

3
Dec.
6
Dec.
Dec. 30
Dec. 19
Dec. 12

K Dec.
5K Mar.
3K Mar.
I17K Apr.

Dec.

1

Dec.

6

25K Apr.
4K Mar.

2'K. Dec.

3

K Mar. 29

22 K Dec.

29

Jan. 27
17 K Feb. 23
Oct. 28

"g

Dec.

36

22 K
IK
9K
11K

Oct.

17
26

July

8K May 21
K Sept. 24

Kb
734
Dec. 22
11K
8 12734
Dec.
6
Dec.
70K
6
39
Dec.
21
Dec.
7K

Feb.

35

1

8^ Sept. 27
May 27
2*' Feb. 8

16

Oct.

Apr.
4
May 27

26

25
17
28

July

4K Mar. 25

14

Dec. 30
2
Dec.
9
Dec.
1
Dec.

21

8

82 K Nov. 15
9
6554 Dec.

Dec.

19K Dec. 23
7
K Dec.
7
634 Dec.

15
20

Apr.
1
May 10

5K
534
31K
10K

16

Dec.
Oct.

33 K Dec.

33

Kb Dec. 22
234 Dec. 20
2
20K Dec.

10
11
12734 123K
66 K
Sale
3834
37K
Sale
634

i*

6 100
7
19

Mar. 22

29

Jan.

Jan.

1
6

Jan.

7

Nov.

Nov. 26

12754 Dec.
72

Mar.

19

Nov. 23

39K Nov.
8K Aug.

9

8

>

274,000
ing Corp common
1
12,400 Guardian Investors common 1
248,000 Gulf Oil Corp
25
1,120 Gulf States Utll 16 pref
*

10

Dec.

1
K Dec.
234 Dec. 20
17K Dec. 28

234

234

234 Dec. 14

Grumman Aircraft Engineer¬

57,800
1,700
28,000

6

33 K

Sale
11
56

Sale
134
134
434
1534

6

7

28

10

834
334
634
634

Sale
534
8
734

""634 "7"
3334

37

*

10
...5

22

Sale

Kb Sale
0^0 y*
38 K Sale
3934 Sale
102
104
10034 103
92
98
8834
98
5K
734
534
734
234

Sale

10

Sale

60 K

63
Sale
K
13#
4K
Sale
634

134
34
1

434
2934

234 Sale
834
934
6034
6334
134
134
K
34
IK
134
4
434
2934
2934
534 Sale

34

25

5

Sale

6
9

4K
7 34
734
24 34
9

38

12K

1334

7 34
1434

Sale

9

Sale

534
8 34
„

3 34
7 K

834

734

5
9
8iM

9

934

Sale
10

Sale

5734
8 34
14 K

40
46

7K

14K

1
Kb Dec.
Dec. 15
12
Dec.
9234 Dec. 27

40 34

102 K

22K
KB
46 K
Mar. 31
Jan.
5 102 K
92 K
Feb. 17
June 10
7K

33
81

72
5

16

2

Dec.

IK

Mar. 28

8

Dec. 21

10

Dec

1

8

Dec.

6
61K Dec.
134 Dec. 16
K Dec. 21

62

Dec

21

50

• Apr.

IK
K
IK
4K
30 K

Dec
Dec
Dec
Dec

29

1

Dec

14

1

Dec.

2

3 34 Dec. 27
28
Dec.
2

2K Dec

30

6

5

12

1
Apr. 29

54
2K

Mar. 28
June

2

4K Dec. 13

6

Dec

2

Dec. 22

27

Dec

5

20

9K Dec

15

2
834 Dec.
3 34 Dec. 22

7

Dec. 23

7
734 Dec.
Dec. 22

6

Dec.

8K

Dec.

7
6

Dec.
Nov.
July
Dec.
Dec.
Oct.

8
29
12
25
12
27
13

25
17

64

K Dec. 21

21

Jan.

3K July

21

13 K Mar. 29
4K Mar. 29

21

50

"'834 "IlK

17K Dec.
34 Dec.
37K Dec.
100K Dec.
92K Dec.

3

Apr. 20
6K May 27
254 Mar. 23
5K Sept. 27

5K Mar. 19

Jan.

July 19
2K Aug. 25
IK Jan. 10
15! Oct. 8
6
Jan. 18

30K Dec. 15
Jan.

11

30K Oct.

21

12

17

9

5

Oct.

Nov. 25

8K Dec.
6
8K Oct. 21

~>K Dec.
K Dec

29
1

18

Mar. 17

26

Dec,

15

6

Mar. 30

40K Dec,

21

27

Mar. 31

1154 Sept. 8
41K Nov. 10

Dec,

14

40

Mar. 21

7 34 Dec.
1434 Dec.

22

27

5K Mar. 29
11K Mar. 18

24 K
9

Dec.

8

10

Sale

38

Dec.

1

56

55

Dec.

14

834
15

7
634 Dec.
14K Dec. 28

24

55

Nov. 10

57
Nov. 17
13 K July 18

15K Aug.

4

JAN., 1939]
AGGREGATE

SALES

December

12 Months
1938,

Shares

Shares

Par

Bid

Ask

12

UK

2,700 Horn (A C) Co common.....!
15.250 Horn & Hardart com
*
1,090
5% preferred
...100
3,200 Hubbell (Harvey) Inc....—5
200,000 Humble Oil & Refining
»
34,800 Hummel-Ross Fibre Corp...5
600 Hussman-Ligonier Co..
*
7,300 JHuyler's of Del com
1
6,550
7% preferred stamped..100
250
7% pref unstamped
.100
4,400 Hydro-Elec Secur com
*
31,200 Hygrade Food Prod.. ......5
9,200 Hygrade Sylvanla Corp
.*

Ask Bid

Bid

Sale

Ask

1,800
1,550
150
600

4,300
900

5,600
6,300
5,200
25
100

13,500
1,600
900
100

2,900
220
80

75

*
62,100 Illinois Iowa Power Co
*75,700
5% conv preferred
50
Dlv arrearctfs
63,900
*
25,900 Illinois Zinc Co
175 Illuminating Shares Co A...*
Imperial Chem Indus Ltd—
Am dep rets ord reg
2,000
£1
164,300 Imperial Oil (Canada)
*
14,700
Registered
*
10,400 Imperial Tobacco Co of Can.5
5,930 Imp Tob of Gr Brit 8c Irel..£l
16,100 Indiana Pipe Line
10
3,020 Indiana Serv Corp 6% pfd 100
1,290
7% preferred
100
925 Ind'polis P & L 6H % pf —100
......

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

9

5K

3
23

Sale

9K
65 K

5K
12K
K
6K
6K
4K

UK
Sale

6K
16
Sale
8

2

934

1224
834

334

K

Sale

x36
12 34
6734
3 K

Sale

IK Sale

234
3734

3 34

_

Sale

12 24

Sale
4

12

13 34

7

8*

6924
324
1134
rK

Sale
Sale

534
IK Sale
23 K
23
434

Sale

10
48 K

434
Sale

4

Sale
6

19

5K

624
9

4

424

_

134
2334

Sale

324
1824
524

4
Sale
Sale

25

Sale

534

5M

Dec.

2

Dec.
9
224 Dec.
9
Dec.
1
3734 Dec. 10
Dec. 16 10724 Dec. 13
12 24 Dec. 12
Dec. 20
6934 Dec. 29
Dec.
9
Dec. 27
334 Dec.
2

34
534
524
3 34
124
2334

Dec.
6
Dec. 28
Dec. 30
Dec. 20
Dec.
2
Dec. 12
.

Dec.

3

24 Dec.
724 Dec.

5
2

Dec.

2

434 Dec.

8

8

Dec. 31

2

2434 Dec. 17

17 K
17K
UK
38
7K

86 K

9

2

18

June 22

May
534 Mar.

7

Dec.

5

2

Mar. 29

1934 Dec.
524 Dec.

15

12
3

Mar. 29

Dec.

56

734
16 34
1634
3 4 34
3024

2
Dec.
Dec. 28
Dec. 28
7
Dec.
1
Dec.

13

4

6

1734

Sale

17

Sale

1634
30 K
624

1624
Sale
734

1634
1634

1624
17
Sale

16

3134
734

3034
634
1124

Sale
Sale

10224 10224 104

101

Dec.

6

2

15

6 34

Dec. 28
734 Dec. 28
Dec.

102

Dec.

2

734 Dec.
1734 Dec.

2

17

Dec.

'1

16

Dec. 31

1

3024 Dec.
1
624 Dec. 30
1124 Dec. 31
12

Dec.

5 102

Dec.

31

5

1624 July 28
SK Oct. 20
24

Dec.

2

Feb.
1
4
234 Sept. 28
2134 Jan. 27 3734 Dec. 10
9824 Jan.
4 10724 Dec.*13
8
Mar. 29
15
Nov.P9
56
Mar. 31
7224 July 13
2 34 Mar. 29
634 Jan. 10
7
12
July
1134 Sept. 13
K Oct. 28
34 Mar. 24
9
6
July
424 Mar. 28
8
1
Nov.
524 Dec. 30
3
Mar. 29
534 July
2
234 Jan. 10
1% June 3
15
June 15
3334 Jan. 15

1734 Dec. 28
424 Dec. 22

12

12

7

224
£3524
10734
1134
6524
334

2

56

3K
14 K

17K
17 K
13K
37 K

1234 Dec. 14
24

Dec.

13
Sale

6

524

734

12

724

1134 Dec. 28
24

6K

12%
7 K

12

1,600 Hormel (Geo A) & Co com...*

100

31

Dec.

Dec. 1

1938
STOCKS (Continued

11,300 Holophane Co Inc common.*
1,785 Holt (H) & Co class A
*

20

1938

Jan. 3

1,100

150
21,000
4,600

YEAR

Price

""loo
1,225

RANGE FOR

PRICES IN DECEMBER

YORK
CURB EXCHANGE
NEW

In

45

EXCHANGE

CURB

TOEK

NEW

Sept. 26
534 Mar. 31
4834 Jan.
3

56

Nov. 10

824 Jan
26
1934 Mar. 4

734 Nov.
1434 Sept.
1534 Sept.
1334 Mar.
3034 Nov.
6

524 Nov. 1
2224 Nov.
1
6 24 Oct. 31
1334 Jan. 12

19

Mar. 19

16

Dec. 31

3734 Jan. 21
924 Aug. 1

Dec.

5
Sept.
734 Dec.
Apr.

Mar. 16

16

1934 May 13
103

82

Oct.

27

Indian Terr 1 lium Oil Co—

600

2,800
Non-voting class A
Class B stock
2,500
3,800 Industrial Finance ▼
3,300
7% preferred

100

1,000
1,175
4,850
900

2,900
100

52,900 Insur Co of North

1

...

t c——

L

134
134
34

K
K
34

IK
IK Sale
^
1

134
134

34

Kb

....100
1

Amer

9,000 Internet Cigar Machinery.
65,800 Int Hydro-Elec 13.50 pref..50
"A" stock pur warrants...
4,700

54
18

56

6834

20 K
Sale

16

Sale

6534
23

21

22

1724

1 824

67
24 34
Sale

rl8

24 Dec.

15

34 Dec. 15
Kb Dec. 28
834 Dec. 28
Dec.

64

28

2134 Dec. 12
1634 Dec. 22
7
34 Dec.

Dec. 29

1

34 Dec.
34 Dec.
934 Dec.
6824 Dec.

15
2
17
5
2324 Dec. 28
1834 Dec. 16
34 Dec.
7

29,500
22,900
550

5,000
13,400
1,500
900

15,800
800
100

900
13,800

2 K
28 K

266,300 Internat Paper 8c Pow warr.
247,800 Internat Petroleum com....
2,550
Registered
50,400 Internat Products com..

28

...

2K
5

91,000 International Radio Corp..
5,400 Internat Safety Razor cl B.
7,900 Internat Utll class A
Class
B
73,500
$1.75 preferred...
4,800
$3.50 prior preferred
3,230
New warrants
12,000
68,500 International Vitamin.....

,

7K
K
8%

.......

......

2634

5K
10
Sale
10

Sale
2624
27
Sale

434
2724
2724
334

1024
24
734
34
934

Sale
24
734
Sale
1024

824

30

30

3K
25 K

1,800
1,600
11,700

32,300 Investors Royalty Co
14,500 Iron Fireman Mfg com 11 c_.
60,600 Irving Air Chute com....

2,500

20,900 Italian Superpower cl A....

42,500 Interstate Home Equip

534

Sale

4 34

K Sale
12K
14 K
9

..

235,000 Jacobs (F L) Co
20,300 Jeannette Glass Co

3K
27

Sale

Sale

K
5

.......

24
834

2

Sale
10
34

3 24

534
4

34
24
1724

5
Dec.
Dec. 12
Dec. 27
Dec. 21

734 Dec. 30

Kb Dec. 13
624 Dec. 20

Kb Dec. 21
8

Dec. 20
Dec. 17

31

Kb Dec.
8
234 Dec. 20
5

Dec.

Sale
34
18

4

Dec. 24

Sale

21

334
2534
2634
3 34

34
334
Sale

Kb

34

34

Sale

434
124

Sale
134

4 34

Sale

K
Sale

IK

Sale
24,
Kb
1534
17
1734 Sale

Sale
*
8

30

35

4

42
Sale
2834
334

7

Kb
Sale

com.

5,100

3K

334
2634
26 34
3 34

...

700 Interstate Hosiery Mills
6,030 Interstate Power 17 pref....

20,500

Sale
Sale
29

""380

4,700

7

Feb.

124

,124

24
1534
1624
Kb

7

424
2724
2634
324

Dec. 15
Dec. 31
Dec. 29
Dec.
1

1034 Dec.
1
34 Dec.
6
734 Dec. • 6
24 Dec. 31
934 Dec.
9
31

Dec.

17

Kb Dec.
8
434 Dec.
2
534 Dec. 31

6

424 Dec. 20
Kb Dec.
2
1724 Dec. 30

2

21

Dec.
Dec.
Dec.

12

Dec.

7

34 Dec. 15

334 Dec. 28
134 Dec. 22

434 Dec. 31
134 Dec.
5

Dec. 31

3

4834 Mar. 31
1624 Mar. 24
824 Apr
Feb.
6

450 Internat Metal Indus cl A..

—

24 Dec, 15
34 Sept. 28
34 Nov. 4

Apr.
134 Mar.
21
Sept.
2234 Sept.
234 Mar.
5

17

2
26
28
27
31

Mar. 31

34 Jan.

5

134 Jan. 27
Feb. 24
July
2
13

Oct.

5

6924 Nov. 9
23?4 Dec. 28
28

23

Oct.

M
834
424
3134

May 12
Aug.
4
Nov.

9

Mar.

4

31

Mar.

9

424 Feb. 25
14 24 Nov. 10
1
Oct. 19
9

Jan.

6

Kb Dec. 21

1

Jan.

12

734 May 14
2434 Apr. 27
Kb Feb.
4

10

Nov. 17

35

Nov.

6

Mar. 30

224
2 24
2534
234
Kb
1124
724
34

Mar.
June
Feb.
Mar.
May
Mar.
Mar.
Oct.

9

5
34 Jan.
424 July 21
634 Nov. 4

29
10
3

28

Jan.

11

30
19
31

724 July
34 Jan.
1934 Oct.

17

29

21

1
3

Dec. 31

3

Jan.

17

May 11
134 Dec. 22

734 Jan.
334 Jan.

11
12

2

Jersey Central Pow & Lt Co—

650
130
110

6,500
150

5",300
450
20

1,800

1,525
5H% preferred........100
1,530
6% preferred
....100
7% preferred
...100
2,390
100
90,800 Jones 8c Laughlln com
*
2,150 Julian & Kokenge com

Kings County Lighting
1,210
7% preferred series B
670
5% preferred series D

20

12,000
.»

—

-

-

«

300

1,900
3,100

131,800 Kingston Products
48,500
10,500
2,000
3,700

320

1

10

6% preferred

Sale

6834 Dec. 30

79

Sale

8734 Dec. 23
3334 Dec.
5

35

36

3834

10 K

Sale

5
9

1034

104

K

20

Dec.

7
19
9

9134 Dec.

68

Apr.

39

Dec.

21

Mar. 31

6

2524 Dec.

22

Nov. 29

26
18

33
33

224 Sale
334 Sale
134
124
15
1534
6

r524
834

424 Dec. 15
734 Dec. 28

Dec.

12

Dec.
Dec.

17

Dec.

7434 Nov. 14
81

Nov. 16

92

Nov. 15

4334 Jan. 10
3234 Aug.
9

May 25 11334 Oct. 19
2124 Jan. 27
27
7 34 Mar.
2
1124 Jan. 14
524 Apr.
1

106

Sale
9

103

Sale

24

9

834

9K

2434

Dec.

1

57.34

67

52

Sale

50

45

51

40

43

41

3

75

69

Sale

124
Sale

834
1124
1124
6834
40

2 34

12
16

224

134
13

1

Sale
324 Sale
134
134
1234
1334
8
824
14 34 Sale
10
1134

234

9 34

....

71

9

6 104

24 Dec. 23

24

624

Dec. 29
Dec. 21

134 Dec. 21
234 Dec.
9

1

67

Dec.

41

Dec. 21

3

224 Dec.
2
324 Dec. 27

1234
734
1034
1124

Dec. 16
Dec. 19
Dec. 13
Dec.
9

13

1124 Dec.

9

69

Dec.

72

8

2

Dec.

824 Dec.
14 34

1

8

Dec. 31

Dec.

1234
724

12

424

1224
Sale

1134
424

Sale
Sale

50

Sale

3

Sale

12

5

52 24

Sale
234 Sale
8734
98

4934
334

2834 Mar.

67

22

5424 Oct.
334 Jan.

Mar.

124 June

Nov.

3
26
10

Feb.

5

Dec.

5
3

14

Jan.

24
8

234
24
1234
524
£524
1024

Sept.
Dec.
Mar.
Mar.
Jan.

68

Nov. 30 10234 Jan.

13

Oct.

27

134
1534
824
1434
1234

60

60

17

45

Dec.

9

Dec. 20

Aug.
Jan.

Jan.
Dec.

8

July

20

Feb.

23

49

Dec.

60

6 106
1

38
May 26
4434 Sept. 14
124 Mar. 28

5

9

Dec.

24 Dec. 23

5034 Dec. 30
3 34 Dec.
1

1234 Dec. 27

Dec.

103

45

1124 Dec. 29
434 Dec.
5

4734 Dec. 24
224 Dec. 21

Mar. 31

3734 June 30
1134 June 28
434 Dec.
5

45

1134
734

4

24 Dec. 13

41

..100

100

Dec.

2124 Jan.

100

180 Lane Bryant 7% pref

5234 Apr.
61
Apr.

7234 Dec.

76

6834

11334
7

Kresge Dept Stores—
4% conv 1st preferred..100

240 Lackawanna RR N J

73
Sale

22

*

1
336,100 Lake Shore Mines Ltd
47,650 Lakey Foundry & Machine. 1

20

Sale

1

6,300 Kress IS H) & Co spec pf__10
22,200 Kreuger Brewing Co
J

10

4,700

1

Klein (D Emill Co common..*

6,120
125

15,100

Klrby Petroleum
Kirkland Lake G M Ltd

500 Kobacher Stores Inc com..
Koppers Company—

"

2 ,400

100

100
.....1

Kielnert(IB) Rubber
16,825 Knott Corp com....

200

3,900

32 K

420 Kansas G & E 7% pref
100
10 Keith (Geo E) Co 7% pref. 100
5
24,200 Kennedy's Inc
7,350 Ken Rad Tube & Lamp cl A *
200 Kimberly-Clark 6% pref.. 100
6,200 Kingsbury Breweries com_..l

90

10,250

72
79

Dec. 20

Dec.

20

12 34

Feb,

10

11

Jan.

17

Aug.
1
5834 Feb.
1
3 24 Nov. 14
8524 Jan. 14

Langendorf United Bakeries
Class A

50
_

200
100

39,300
34,100
2,500
7,150
5,800
900

50

400

Class B
700
1
5,600 Lefcourt Realty com
Conv preferred
*
5,900
263,100 Lohtgh Coal 8c Nav...
.♦
178,000 Leonard OH Dovelopment_.?5

17,600
17,750

Le Tourneau (R G) Inc

t

Line Material Co

9

K

1234
334

1
Sale
Sale

Lit Brothers com........

*

16

1
25
*

934

14

134
1024
x3K

Sale

134
12
Sale

i^6
Sale
a

14

1

124
1034

934
324 Sale
24
Kb
3134
3124
13.24 Sale

1

Dec.

2

10

Dec.

23

224 Dec. 22
34 Dec. 12

1824
1034
16

1634
Sale
Sale

2834
1534

Sale

20

Stile

r20

Sale

12

1334

Sale

1334

25

28

Dec.

1

1234
1834
1124
2124
124

Dec.

23

Dec.

22

Dec.

23

Dec.

23

12 34
2734
834
24
2324
1834
134
634

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

20

90

5

new

196,400 Lion Oil Refining
7,200 Lipton (Thos J) class A
6% preferred
900

17,400

14

..*

Dec. 23

Dec. 22

1

Dec.

2

10

Dec.

23

x3K Dec. 31
24 Dec.
5
32

Dec.

1534
2034
1334
2124

Dec.
1
Dec. 15
Dec.
1
Dec. 23
Dec.
1

16

90,600
15,100
45,100
2,250
4,925
4,200

37,500
20

300
500

29,350 Locke

Sceel Chain Co

5

1
1,099,000 Lockheed Aircraft
_•
166,300 Lone Star Gas
*
174,200 Long Island Light com
7% preferred
100
9,705
6% preferred series B..100
17,475
...

124

Sale

124

13 34
2924
934
134
2634
22 24

Sale
Sale

1224
3634

Sale

9

234

IK
234
824 Sale

134

724

Sale

%

34

5

35" "3734

8,500

51,200 Majestic Radio 8c Tel Corp..l

4,600

8,500 Manati Sugar opt warr
14,500 Mangel Stores Corp com

60

200
600

1

Sale

30

%

1

35

124

'"234 ""334

*

1

24
124

Sale

724
Kb

24

33
Sale

34
234

33

34
34
124

Sale
Sale
22 34
124
Sale

.

18

%

34

Sale
24
2
34 24

32

30

2034

1834

20

1934

21

734

534

6

524

6

conv

3,800 Mapes Cons Mfg Co

3134

Sale

28

preferred
..*
200 Manischewitz Co common._*
$5

580

Dec.

23

224 May 27
K Dec. 12
13

Mar. 30

1134 June 29
1524 Mar. 28
10
Sept. 14
19
Sept. 8

2

2

934 Dec.

2

23

134 Dec.
2734 Dec.
2334 Dec.

6

124 Dec,

9

23

13
5

34 Dec. 14
7
134 Dec.
3034 Dec. 27
Dec.

34
124
3134
1034
1934

29

Dec.

12

Doc. 14
Dec. 13
Dec. 14
Dec. 28

Mar. 28

Mar. 19
Mar. 28

7
1334 Dec.
3734 Dec. 29

22

27

1

1

5

724 Dec. 31
90

Dec. 23

34 Dec. 14
134 Dec. 27
3324 Dec. 30
134 Dec.
5
24 Dec.
6
124 Dec. 14
32

Dec.

11

Dec.

13
3

2034 Dec.

9

Mar. 29

624 Mar. 31

24
23?i
1834
134

d"
X*

Dec.

23

14

May 13
534 May 26
134 June 29
15
July 14
6
534 July
8
% Jan.

32

Nov.

2

1624 Oct.

27

Jan.

10

25H

Feb.

3

14

Jan.

25

18

July 26

24

Nov.
7
1634 Aug. 24

37 34 Dec. 29
1024 Oct. 17
Jan.
3

A*

Dec.

27

42

Jan.

5

Dec.

23

Dec.

13

3434 Jan.
224 Jan.

19

Mar

30

Jan.

10

July

26

Oct

90

6

11

K Jan.

Mar. 25

13

July

13

4

Oct.

15

24

Mar

31

39

July

26

24
34
124
2934
1034

Mar.
Sept.
Apr.
June
Dec.
May

23
28
6
22
14
12

524 Nov.

7

15

1%

July 30

45

Feb.

27
12
4

11

July

331 Jan.
Dec.

3

2034 Dec.

9

734 Jan.

8

Marconi Internat Marine—

/

600

For footnotes

com

IK

3634 Sale

Sale
Sale
Sale

*
19,400 Loudon Packing Co com
265,900 Louisiana Land 8c Ezpl com.l
*
130 Louisiana P & L S6 pref
5,400 Lucky Tiger Combination. 10
*
3,000 Ludlow Valve Mfg Co

13,000 Lynch Corp

400

834
934 Sale
724 Sale
834

134
>•2524
Sale
2034
134
124

1,100

10

19

134

425 Loblaw Groceterias class A_*

"2",200

May 13
3
Apr. 12
24 Jan. 17

see

Communication Am dep ret

page




53.

6K

46

NEW

aqqreqate

December
Shares

prices in december

NEW YORK
CURB EXCHANGE

Shares

Dec. 1

1938
Par

Bid

2,900 MargayOU
*
33,400 Marlon Steam Shovel com..*

16

6,700 Mass Util Associates v t c—1
38,000 Massey Harris Co common..*
26,400 Master Electric Co..........1

Dec.

2

May Hosiery Mills—
$4 preferred........

1,000

ranoe for

23

454

5
234
634
634
1834 Sale

Lowest

17

Highest

Sale Prices

Sale Prices

31
Ask

Ask Bid

1634 Dec. 12

19

2

Dec. 28
Dec. 10

6

Dec.

4

434
234
734 Sale
1734
1734

1734 Dec. 10

1J4 Sale
1734 Sale

1734 Dec. 27
434 Dec.
6

134 Dec. 23
1434 Dec. 28

4
2

9

Lowest

2

Dec.

10

734 Dec. 23
1834 Dec.
1

*

4

X.400

6,000

400

9,700
700

99
Sale

17

Sale

12634
4

..*

1634

Partlc pref

354 Sale

Part

1834
5

Sale
5x

1734

16

434

534

—

69,600 Merritt Chapman Ac Scott
*
4,300
634 % A pref
100
1,900
Common stock pur warr'ts.
105,000 Mesabl Iron
1
5,500 Metal Textile Corp com..25c
170

1834

3

254

Sale

45

Sale

134

uec.

/

1734 Dec. 31
125
Dec.
9 13034 Dec. 29
128
132
Sale
4
Dec.
2
334 Dec. 28
4x
334
334
15

Dec.
6
Dec. 28

434
2634
334
5834
X&
X

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

27
28
5
29
15
2

Dec.

60

Merchants & Mfrs class A—1

700

825

.

Sale

2%

100 Memphis P & L $7 pref

6,750 Mercantile Stores Co

9,600

cva

95

25,470 Memphis Nat Gas torn ......5

ix

4

Sale

60

Sale

34
IX

X
134

3xe

*
34
Sale
Sale
9
3
4

preferred..........15

434

Sale
Sale

63

34

Sale

30l «!*

1

Highest

55

Feb.
Oct.

9934
334
2034
13034
434
•

134 Mar.
734 Mar.
90
3

Mar.

6

45

Mar.

1834 Dec.

1

1334 Mar.

534 Dec.

7

27

Sept.

Mar.

July
Aug.
Jan.
Oct.
Dec.
Mar.
Dec.

60

2034 Nov.

3

Mar. 29

21
2

1

834 July
5
234 July 30
10
July 22
1834 Nov. 10

Sept. 14
134 Mar. 29
434 Mar. 29
1134 Mar 31

Dec.

60

24

June 20

3

93

21
10 J

104,600 McWllllams Dredging com.
10,750 Mend Johnson & Co com..—*

1,200

16

47

13,500 McCord Radiator & Mfft B..»

25

1938

Sale Prices

Sale Prices

76 McColl-Frontenac Oil Ltd. 100

2,300
9,700
1,775
2,200

year

Price
Jan. 3

STOCKS (Continued)

n

1,200
2,200
1,900
5,700
1,250

EXCHANGE

CURB

sales

12 Months
1938

In

TOEK

534 Oct.

11
16
11
10
29
1
6

2

29

Dec.

14

Mar. 22

28

Aug. 19

434 Dec.

7

Mar. 25

23

9

30 34 Mar. 31

5
71

July

Dec.

Dec.

9

21

34 Dec. 30
34 Dec. 30
134 Dec.
2

34 Nov. 23
34 Mar. 30
34 Jan.
8
25
Apr.
6

July 23
U July 25
134 Feb.
4
3434 Nov. 16

28
19
14
15
12

xt Dec.
34 Dec.
334 Dec.
834 Dec.
34 Dec.
334 Dec.

71

Metropolitan Edison Co—
625

400

8,000
12,700

1,600
5,900
500

$6 preferred
.....*
5,600 Mexico-Ohio Oil Co
*
103,400 Michigan Bumper Corp
1
143,200 Michigan Gas fit Oil Corp..
14,400 Mich Steel Tube Prod....2.50
32,900 Michigan Sugar com
*
4,600
Prefer red
..10

9/e
1 34
% Sale
Sale

4

8

534

.......

34

234
834
34
334

% Dec.

34
234
734

Sale
Sale
834

234

334

Us
234
734
%
234

Dec.
Dec.
Dec.
Dec.
Dec.

May
Dec.
June
Sept.
5
May
% Mar.
234 Dec.

7434
x$
34s
134

13

2
13
14
26

31
12

85
Tia

34
534
1034
34
5

May
Jan.
Jan.
Jan.

20

20
10
14
Nov.
7
Jan. 12
Feb. 24

Middle States Petroleum—

8,800
6,400
15,160

79,000
Class A vot trust ctfs
*
48,638
Class B vot trust ctfs
*
64,560 Middle West Corp common..5
19,300
Warrants

Sale
Sale
% Ottio
634 Sale

434 Sale
%
%
734 Sale

434 Dec. 10
34 Dec. 12

534 Dec. 28

9

734 Dec. 30

6

Dec.

15

12

Dec.

Sale

99

Dec.

% Dec.

1

134 Apr.
5
34 Mar. 24
434 Sept. 28
xt Nov. 17

534 Dec. 28
134 July 12
834 Oct. 17
1
June 30

Midland OH Corp—

3,450

434

*

12 convpref

334

634

334

434

334 Apr.

14

10

Feb. 23

Midland Steel Product—

1,600
2,400
.1,900
5,969

"""650
3,600
150

1,100
4,500

13,900
600

2,400
200

"T.865
600

175

9,310
$2 non-cum dlv shares
*
12,325 MtdvaleCo
—*
18,800 Mid-West Abrasive Co
50c
47,069 Midwest Oil Co
10
3,650 Midwest Piping & Supply Co*
4,750 Mining Corp of Can..
13,200 Minnesota MIn & Mfft Co
*
150 Minnesota P & L
7% pref.100
650 Miss River
Power pref
100
3,200 Missouri P.ub Serv common.*

40,500

148,600
I,700
88,700
3,800
2,800
9,435
7,050
2,650
1,075

Mock Judson Voehringer2.50

1

Corp

Molybdenum

Monarch Mach Tool Co com

Monogram Pictures com
1
Monroe Loan Society cl A..1
Montana Dakota Utilities.. 1®

300

18,800
10,200

Sale

II
j*

26

734
10
2

27

1434 Sale
100

Sale

234 Sale
834 Sale
1034
1234
134
234
3834
39

1434
106

134
834

134

*

...

Mountain Producers Corp. 10

500

134 Dec. 30
7X Dec. 10

1
15

234 Dec.
1
834 Dec. 16

2

134 Dec. 13
3834 Dec.
2

134 Dec. 13
41

Dec.

6

115

Sale

5

3

5% Sale
5
5%
1254
15
1% Sale
1%
234
5
534

534 Sale
20
1634
134
134
2
134
634
734

11534 Sale
11434 Dec.
3
Dec.
234
334
1434 Sale
1334 Dec.

534
1734

Sale

30
145

33
Sale

2834
3734

3834

34

134
534

634

Sale

5

Sale

234
634

434
1634
134
134

Dec.
Dec.
Dec.
Dec.

6

3

Dec.

6

2

1434 Dec. 14

27

534 Dec. 19
1734 Dec. 15

23
10

2

28

134 Dec. 22

Dec. 31

Dec.
3
14934 Dec. 17 159
2934 Dec. 16 3034 Dec. 27
7
3134
30
Dec.
5
2834 Dec.
40

Sale

2834
3834

180

162

Sale

IX Sale
534 Sale
434
5

30

165

155

Sale
20
Sale

2

6 11534 Dec. 31

X,

554
634
534

Sale
Sale
Sale

34 Dec.
534 Dec.
534 Dec.
434 Dec.

Dec.

800

23,000 Murray Ohio Mfg Co
16,000 Muskegon Piston Ring..2.50
350

100

3,100
34,600

Muskogee Co

1,500 Nachman Sprlngfilied Corp.*
77,100 Nat Automative Fibres com.l
152,300 Nat Bellas Hess com
1
25 National Breweries

"""300
4,100
I,250
4,100
8,500
500
600

7x
9H

9
11

9

Sale

1034

934

334
1234
134
134
434
122

1034

1134

834 Dec. 27
1034 Dec. 13

934 Dec. 12
1134 Dec. 14

Mar. 26

ill

July

19

Mar. 29
8
Feb.

x4

Oct.

22

Dec.

6

June 11

Mar. 28
Mar. 31

Sept. 26
June

17

Apr.

1

Mar. 31

Sept. 26
2034 May 26
26

2834 May 19
13

Dec.

Jan

9,700 National City Lines com
2,450
S3 conv preferred
38,500 National Container (Del)
1
105,200 National Fuel Gas
*
9,100 Nat Manufacture & Stores..*
23,500 National Oil Products....__4

Nov.

15

7
3

Aug.

634 July 27
Aug. 25
6
334 July
234 Sept. 2

20

i«K

6

Mar. 29

6

June

Nov.

9

Nov. 17

17
28
6
Nov. 17

3134 Oct.
3134 Oct.
3834 Oct.
2

Jan.

10

534 Dec. 31
Jan. 13

m

12434
12

July

7

Jan.

8

Mar. 31

4

Nov. 10

July

29

834
10
834 Sale
% Sale

7

934
734
834
34 Sale

10
Sale

5

X Sale

834 Dec.
5
634 Dec.
8
34 Dec. 23

834 Dec.
5
834 Dec. 15
% Dec.
1

734 Dec. 28

734

734 Dec. 28

7

12 34 Nov. 10

Sept. 30

1034 Aug. 26

7

June 24

934 Oct. 14
034 Oct. 24

334 Mar. 23
34 Dec. 23
36

*
1
50

Dec.

Nov.

10

com...

600 National
Candy Co com

78

3 165

Jan.

3
334 Feb.
334 May 28
434 Mar. 30

100*

*

common

Nov. 21

9
6 11534 Dec. 31
May
7
2 34 Mar. 26
434 June
4
1634 Nov. 12
634 Jan.

1

534 Dec. 31
634 Dec.
7
534 Dec. 15

15
June 20
May 31 115
1
234
June
Mar. 31

103

145

34

{Mountain States Pow com.*
870 Mountain Sts Tel & Tel
100

1,400

734
5934
34
634
834
134
2434
69

22

Moody's Investors Part pref.

834

Sale

40

Montreal Lt Ht & Pow com..

Moore Corp Ltd..

2

15
1434 Dec.
9 115
Dec.

12

11

155

7% A pref
100
32,050 {Moore (Tom) Distillery Co.l
1,300 Mtge Bank of Col Am Shs_.
542,300 Mountain City Copper Co._5c

65,500

78

13 h
83

Montgomery Ward & Co A.

250

6,000

1234

934
37

1134
Sale

1034
35

Sale
40

1234

Sale

10

Dec.

1

13

Dec.

22

38

14

—

Sale

Sale

35

Dec.

5

40

Dec.

17

Sale

334
33

Sale
34

634 Sale
1234 Sale
334
4
3034
3134

634 Dec, 28
734
1234 Dec. 10
14
334 Dec. 20
334
3134 Dec. 27 *3334

7134 Sale

65

Dec.

9

3

734

Dec.

16

Dec. 12
Dec.

1

Dec. 27
Dec9

May
May
634 Apr.

6
6
8

7

1
Jan. 10
May
6
734 Nov. 21

36
13

8

40

534 Sept. 14
1134 Sept. 14

x9

25

Apr.

Dec. 22
Dec. 17
Feb. 14

1434 Jan.

2

Mar. 18

4

15

Mar. 30

38

31

5

Nov.

July

11
9

19

Nat Power A Light—

2,575
500

6,000
2,250
600

1,525
4,100

35,875
2,800
69,100
28,750
8,400
5,350
45,600

5,400

2,600
300
„

20

7,000

"""600
200

1,500

30,800
100,700
41,000
15,150
5,600

1

2,100
4,200

II,700
5,600
5,500
100

"ltoo
550
500
70

*
*

National Transit

12.50

National Tunnel & Mines..*
National Union Radio com..l
Navarro Oil Co

*

^

-

134
35

1434

2 34

a

Sale

1634

Sale

5

1*

2^
67

65

1334

Sale

Nehl

Corp

*

com

300 Nevada Calif Elec
375
7% preferred

1,220
8,175
2,180
18,000
20,500
76,080
39,600
93,200
1,100
2,000
28,600
5,600

2,520

9,100

41,210
1,600

1
60

1134

Sale
134
Sale

1234

734
834
134 Sale
%
34
13

14

734

734
Sale

2

% Sale
1434
1534

7

8

134
234
% Sale
1334
1434

100
...*

6% preferred.....

New Engl Tel & Tel Co...100
New Haven Clock Co

com

*

common...

Auction Co

N Y

tk. Hond Rosario M

7% preferred

Dec. 22

Dec.

634
34

734
34

8

534
34

734
34

5

Dec. 28

4134

44

4'

5834

6134

5034

Sale

Sale
Sale

5

28

734

Sale

10

va
Sale
n

29

i*'

Mar. 29

Dec.

5

Mar. 19

Dec.

7

Aug. 24

6934 Dec. 15
1
1334 Dec.
434 Dec. 22

134
2
534
8
2434 Sale
9
934
97

2534

27

1734
2334
734

2434
734

Sale

6

Dec.

Dec.

1

Jan.
6
Mar. 29

134 Dec. 24
15

Dec.

2

380

59,100
1,675

...

125

13,100
3,600
8,900

Founders

1

shares

New York Transit.

.5

2,440 N Y Water Serv 6% pref
545,290 Niagara Hud Pow com
18,250
5% 1st pref..!.
1,850

5% 2d preferred

10

734 Sale
334
434
1934
734 Sale

.....100

200

Class A preferred

88,500

Nlles-Bement-Pond

42,600 Niplsslng Mines

For footnotes

see




page

53.

Sale

434

1334
334

Sale
4

61

Sale

1 ~

134
534 Sale

Sale

'"734 Sale
Sale

5634
834
134

Sale
834
Sale

2
6

*

1
5

3134 Sale

»

234

Feb.

17

Dec.

21

July

22

34
134
534

Sale
Sale
Sale

6034
834
134

Sale
834
134

Jan.

9
13
4

8
18

L

% July 22
7
July'25
L34 Nov. 4
4
Nov. 15
034 July „T
3
July 22

6

15

9

June 17

34 Dec. 10

Nov. 10

7X Jan.
134 Oct.
5X Apr.
1
July

10
27
28
28

Dec.

23

5

Dec.

14

Dec.

23

47

Dec.

27

June

18

10

Apr.

12

36

Mar. 31

15

Apr.

85

Mar. 26

Dec.

1

Nov.

834 Oct.

Dec.

5

Jan.
Jan.
Jan.

7

Dec. 27

6

334
3 34
534
334

June

1234 Dec. 31
5734 Dec. 31

"9 10434

Dec. 27
834 Dec. 16
Dec.

19

62

Dec.

19

1
134 Dec.
79 34 Dec. 15

42

Dec.

9

24

Dec.

18

17

Dec.

19

19

Dec.

Dec.
Dec.
Dec.
Dec.

30

28

Dec.

28

*834 Dec.

1

43$ Mar. 30
Sept. 13
4534 Mar. 31

*10

134 Mar. 18
Mar. 31
Mar. 30

234 Dec. 31
2
Jan. 12
5
Apr.
1
8
July 29
1
Oct. 14
7
Oct. 26
234 Jan. 15
234 Jan.
5
834 Oct. 22

2434
734
9834
10534

23 100
28 108

11

Dec.

1

334 Dec. 23
Dec.

22

5

Nov. 22

Mar. 26

2

Jan.

Mar. 31

9

034 July 25
0
Jan. 14

Mar. 30
6
634 Apr.
4
81
Apr.
9134 Apr. 21

20

Dec.

Dec.

1334 Dec. 31
7
334 Dec.
9
1734 Dec.

5

Mar. 25

334 Dec. 23

1034 Mar. 30

7

Dec. 28

8

Dec.

1

85

Sale

8234
34
134
534

May 28

Mar. 30

15

15

100
com

850 Nineteen Hundred Corp B

100

334

87

....

25

11

16

100

Class A warrants
69,000
Class B warrants
23,200
66,900 Niagara Share Corp class B 5

11,200
4,800

10S

12 3

Nov. 15

ix Jan. 11
7 x Aug. 25
% Feb.
1
2
Feb. 18

534 Dec. 12

N Y Shipbuilding Co—

200

13

Dec.

2

"134 ""234
19

17

734

24

24

234
1934

Dec.

Dec. 28
Dec. 31
9
Dec.
Dec. 10
Dec. 29

.

134
1834

Mar. 18

May 27

29

1034 Dec.
5034 Dec.

2034
105
107
102
10134 104
8
234
134
SL
634
1334 Sale
1334
1434
1434
Sale
58
63
6134
5434
Sale
134
134
134
Sale
79
78
r76
7534
22

.

Sept. 23

1

15

98

Mar

Dec.

Dec.

47

1234
5734

7134 Dec. 31
334 Dec. 30

'Xs Dec. 27
34 Dec. 21
10234 Dec. 21 10434 Dec. 22
2 *4834 Dec. 15
4034 Dec.
5

22

100

13

6

56

10

634 Dec. 13
134 Dec. 20
3
34 Dec.

5

*

common._

17

634

10

NYC Omnibus warrants

Dec.

5

.y.25

Newmont Mining Corp
New Process Co common
Y

46

7

4

New Mexico & Arls Land..

N

4534

104

Dec.

37

*

New Jersey Zinc

1

5934 Dec. 31
1134 Dec. 21

33

com.*

$2 preferred

New Idea Inc

103

100

New England Pow Assn

434 Dec. 28
5
Xe Dec.

4

100

com

14,300 N Y Merchandise Co com..10
1,260 N Y Pr & Lt S6 pref
*

150

434

Nebel (Oscar) Co com

100

'""340

•

,

Conv partlc preferred
National Steel Car Ltd

10
1st preferred
7,800 Nelson (Herman) Corp
5
II,000 Neptune Meter class A
..*
4,600 Nestle Le Mur Co class A...*

25

2,100

National Service Co

Sale

*

500 Nebraska Power 7% pref..100

34,600

150

925

Sale

—*
25

Nat Rubber Mach com

National Sugar Refg
*
•775 National Tea Co 5 34% pref. 10

100

13,000
6,200

S6 preferred

National Refining common

Dec. 23

87

Dec.

1

70

Mar. 30

8234 Dec.

6

60

Dec.

31

Dec.

14

May
Sept.
Apr.
Mar.
Oct.
Apr.
Mar.
Sept.

1
8234 Dec.
X* Dec. 23
134 Dec. 27
434 Dec. 21
8334 Dec. 23
3
5234 Dec.

8

Dec.

14

134 Dec. 13

2*

Dec.

3

83 34 Dec.

23

534

6134 Dec. 19
8

Dec.

134 Dec.

14

53s Mar. 30

Xs
%
354
7934
24 34
754
134

4
14
5
30
11
1
23
12

0
3

Jan.
Oct.

934 Oct.
13 34
434
2134
1034
8934
82X
34
234
734
8934
6134
934

Dec.
Jan.
Oct.
Oct.
July
Dec.
Dec.
Nov.
Oct.
Jan.
Dec.
Feb.
234 Feb.

12

5

15
31

31
6
20
17
25
6

31
12
15
22
19

14
4

NEW

JAN., 1939]
AGGREGATE

YORK
CURB EXCHANGE
NEW

December

12 Months
1938

Share*

Shares

In

9,300
13,700
2,450
1,700
800

150
400

600

7.900
80
60

700

21,200
1,410
2,800

1,875
550

2,700
80
50

9,700
2,650
450

12,200

Ask
3 5* Sale
15* Sale

..vl
...1

12,400 Ohio
3,050 Ohio
14,900 Ohio
2,890 Ohio

20

:i5o
'.lib

Sale
48*
4 5*

35*
X

...i

%

Sale

23
22**

% 4P 44S
3%

11*1

*

Sale
23

20

Sale
90 X
92
108 X 109

preferred—
100
preferred. 100
7% 1st pref 100

pref

X Mar. 30

Dec.

14

31

Dec.

15

Dec.

15

Dec.

16
15

123* Mar. 29
115* Mar. 29
42
Apr.
9
5* Mar. 29
35* Mar. 14

Mar. 30

45

Dec.

16

Dec.

22

Dec.

3** Dec. 21
**6 Dec.
6
78X Dec. 13
86
Dec.
9

4** Dec.

8

Dec.

7

Dec.

2

47

90**
45*
115*
15**

Dec.

Dec.

2
1

1
4

Sale

80*

June

Aug.
Aug.

29

85*
10
83* Sale
21X Sale
70
87 X
2X Sale

95* ' 11
12
12**

5
5
Mar. 30

15

50

Dec. 24

4

Dec. 31

6X Mar. 30
145* Oct.
85* Mar. 28 xl8** Oct.

Feb.

6

30

28

Dec. 21

33

Dec.

23

Dec.

26

Dec. 22

Dec.

101

Dec.

7

87

111

Dec.

14

100

May
May

101

Dec.
Dec.
Dec.

115

Dec.

13

115

Dec.

100

Dec. 20

1095* Apr.
935* June
85
Apr.

9**
125*
41**
103**
15*

Dec.

14

Dec.

14

Sale

40

Dec.

22

Dec.

7
1

15*

42

38

Dec.

100

102

100

Dec.

Sale

15*

1** Dec.

IX

Dec.

3
17
13

Dec.

Mar. 29

33

June

1065* Dec. 21

9** Dec.
11** Dec.

40

103

101

10

10

845* Nov. 14
913* Nov. 4

Apr.
Apr.

18

1

345* Jan.

IS
11*

6

,

Jan.

Sale

9**

15

Oct.

45* July

9

29

99
99** 100**
99** 100
110** Sale
110** 111** 1095*
1135*
1055* Sale
1055*

8
8

Nov. 26

45* Dec. 10
75* Dec. 21
135* Dec. 28

24

7
13

Dec.

1123* Oct.

Nov. 17

1065* Dec. 21
Dec. 20

100

27

Mar.

105* July

Mar.:

14** Oct.

Jan.

41** Dec. 22

17
31

1055* Oct.
25* Jan.

May

15* Dec.
55* Mar.

.*

200 Oliver United Filters B

Mar. 26

3

Dec. 31

Dec. 28

99

210
6% 1st pref
100
4,500 Ollstocks Ltd common....—5
105,600 Oklahoma Nat Gas com..—15
S3 preferred
22,150
.....50
Conv 6% prior pref
2,500
100
72,100 Oldetyme Distillers— —_-l

45

6

Dec.

11** Sale
14**
16

45*
5
95* Sale
15**
17
325* Sale

32

Edison $6

55*
15*
62**
23**
22**

Highest
Sale Prices
6** Oct. 24
25* Oct. 15
62** Dec. 14

25

73*
95* Sale

6

.100

Lowest
Sale Prices

20

.100

-10

Highest
Sale Prices

45* Dec. 19
1** Dec.
6
60** Dec.
3
20
Dec. 28

.100

Power 6%

730 Ohio Pub Sere

55* Sale
15* Sale
61**
62**
21**
225*
21**
22H

5X
Sale

21**
21**

Sale

20 5*
40

Brass class B
OH 6%

5X
IX

Lowest
Sale Prices

31
Ask

Ask Bid

Bid

62
*

Dec.

Dec. 1

1938
Bid

.

30

1,800

Jan. 3

Par

62,200 Noma Klec Corp com
161,200 Nor Amer Lt & Pow com.
18,550
$6 preferred
19,600 North Amer Rayon cl A.
16,500
Class B common
1,050
6% prior preferred
5,200 Nor Amer Utll Sec com..
9,600 North Cent Texas Oil...
48,000 North European Q|1 com.
1,610 Norlnd Pub Ser 6% pref.
I,830
7% preferred
9,200 Northern Pipe Line
115,700 Nor States Power com A.
15,810 Northwest Engineering..
19,700 Novadel Agene Corp.....

YEAR 1938

Price

(Continued)

STOCKS

RANGE FOR

IN DECEMBER

PRICES

SALES

47

EXCHANGE

CURB

YORK

11

53* Mar.

8

Omar Inc—

600

1,350

12,400
2,700
525
130
400

1

Pacific G 5c E

5H%

9,950
4,575

25

1st preferred

600

3,200
1,030
200

2,800
250

"2,806
96,000
6,700

I,100
359,900
48,100

1,050
525

"""950
475
100

8,800
1,200

Dec. 28

32**

18

20

18

Sale

18

Dec.

29

Dec. 24

£108

17

Dec.

109

Dec. 12

64** Dec.
65* Dec.

70

Dec. 10

Sale

-----

~4~X

64**
7**

45*

55*

3**

4**

16X

173*

14**

14**

69
7**
21**

75* Sale
75* Sale
35*
3**

35

21

19

35*

13**

15
13

14

45*

38**
75*

7

35

39

35

75*

7**

1**

**

2**
1**
8**

25*
Sale
8**

5*

1

23*

n

1

*
*
*

10**

35*

Sale

35*

3**

3,300
16,800
2,500
3,900
1,000
10,300
4,100

*
50

...

•

100

133

155

152

145

68

72

75**

Sale

167

Sale

3

42,700 Pierce Governor Co com
3,100 Pines Winter front Co

6,300
1,350

74

35*
6

25

31

26**

,

25**

"26"

8

4

5jL.Sale

Sale

5**

6**

9**
6**

Sale
7**

153

7,600

1,700
3,900
125

3,800
200

2X

5X

3

6
Sale

50

56

80

Pitts Metallurgical Co.....10

7

9

com

25

Pleasant Valley Wine Co

Plough,

Inc

1
*

.........

Polaris Mining Co......

775 Power Corp of Can
First preferred
20

9,120
74,500

25c

9,500
34,800

*
1
*

com

Pressed Metals of Amei

X
4;

4,325 Providence Gas Co
39,200 Prudential Investors
$4 preferred
3,250

Sale

18
15*

19

17

Sale

**
25*
6X

5*
Sale
7

9**

Sale
Sale

Dec.

*
*

com

2

"19""

*&

*
...

12
5
9

Nov.

9

24**
175*
5*
25*
6X

Sale

25* Dec. 28
Dec. 27
22X Dec. 20

Sale

16

Dec.

**
2**
6**
41**

6
Dec.
Dec. 21
Dec. 24
Dec. 19

11

Sale

Sale

4 3*

8

Dec.

5*
4**

Sale
Sale

c,

>

Sale

5

8
2

23
28
28

28
6

5* Dec. 27
4X Dec.
105* Dec. 28

•

21

20

2**

19

Sale

5X
83

6
98

40

23

Sale

195*

2**

2**

40
22**
23**
rlA6 Sale
45* Sale
65*
7
7
7**

38** Dec. 27
9** Dec. 27
303* Dec. 27

18

Mar. i

Dec.

27

21

Dec. 27

98

92

Sept.

J*

Dec. 22

Jan.

Dec. 13

Dec. 31

Dec.

72

Dec.
Dec. 15
Dec. 31
1
Dec.

18

Dec.

14

** Dec.
25* Dec.
7

Dec.

413*
11**
62**
8**
1073*
5*
105*
23*

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

1

31

Apr.
Sept.

Dec.
Oct.

17

Feb.

July

29

Mar.

Feb.

10

Nov. 28

July

5

Mar. 30

Oct.

Mar.

Oct.

11
28

Mar.
Dec.

Aug
Jan.

11
7

July

Jan.

9

Jan.

2** Sept.

19

Nov. 10

19

375* Mar.

29

4 3* Mar.
345* Mar.

Jan.

24

14

Mar.

Oct.

27

Mar.

; Oct.
,
Jan.

17
14

30
2
5

Dec. 29
1

d*
6*

14

10

June

18** Dec. 20
25* Dec.

20

Dec.

2

95
17

June

14
13
28
10
28
1

23

Feb.

15* Mar. 30
33

1
** Dec. 14
Dec.

9

65* Dec. 10
7
Dec. 14
92** Dec.
1

2
18
7

June 10

93*
3*6
3 5*
6 3*
35*

30
4
30
31
30
12

9

; Mar.

5* Sept. 16
25* Mar. 30

14

9

Nov.

June
15* Dec.

Dec.

25* Dec. 20

i Nov.

June

Dec.

Dec.

July
5
Aug. 24

Mar.

5

31

30

Dec.

5

Dec.

Aug. 30
Dec.
1

Mar.

6

8
13

Nov. 10

545* Apr.

303*
25*
53*
265*

26

Feb.
Dec.

793* Mar.
1213* May
19
Aug.

35*
43*
1125*
293*
25*
15*
105*
£105*

28

July

Mar.

24

8

Dec.

Mar.

July
25* Apr.

59

75** Dec.

9

Nov. 16

45

74

27

June 29

Mar.

15* Sept..
** Dec.
May

24

27

Nov. 18

Jan.

1075* Apr.
5* Dec.

28

34

%
**
45* Sale
65*
65*
65* Sale
92** Sale

Dec.

25* Mar.:

5

Dec.
Dec,
Dec.
Dec.
Dec.
Dec.

9
10

12

21**
3*6
4**
65*
65*
92**

Sept. 30
14

93* Dec. 31
65* Dec. 27

Sale

31

Jan.

75* Dec. 16
2
5** Dec.
13

Dec.

13

167
14

6

Dec. 30

Dec. 29

19

100

Sale

%

Jan.

1
35* Dec.
95** Dec. 13

5**

Sale

Aug. 10

Sept.:
Sept.:
Dec. :
June

Jan.

26** Dec. 14

Dec.

June

115*
33*
75*
3**

Nov.

685* Dec. 23
25** Dec. 27

60
51** Dec.
62**
85*
8**
75* Dec.
7**
109
108
100
Dec.
*104 ** Sale
X
5*
5* Dec.
5*
X
85* Dec.
10** Sale
85* Sale
Sale
2
15* Dec.
IX
2

33

25c
common

Dec.

Nov.

Nov.

Sept.
May :

50

25*

16

15**

Producers

21
29

Dec. 24

Feb.

100

Premier Gold Mining

Corp
31,700 Prosperity Co B

265*

2**
Sale
Sale

2**
4**

52 M
8

86** Sale
1**
IX
73* Sale
3
Sale

13

com

Pratt 5c Lambert

75 Prentice-Hall Inc

"""700

Sale

1

7

5
42,800 Potrero Sugar com
50,350 Powdrell 5c Alexander com..5

125

3**
5
2**
25*
175* Sale
11
12**

1

Pitts 5c Lake Erie RR

Dec.

273* Mar.;
25J* Apr.
98** Mar.;
46
Apr.
35* Mar.;
153* Apr.

12

295* Dec.

Dec.

30

50

725 Pitts Bessemer 5c L E RR

65,700 Pittsburgh Forgings Co.

"

"l",600

*

—1

169,500 Pioneer Gold Mines Ltd..— 1
55,750 Pitney Bowes Postage Meter*

Pittsburgh Plate Glass

20

14

15* Dec.

Dec.
Dec.

70

72**

68** Sale
26

25
1,100 Phila El Pow 8% pref
49,100 Phillips Packing Co.
172,600 Phoenix Securities common. 1
$3 conv preferred A
10
16,850

17,500
8,100
113,100
II,300
17,200
53,500

Oct.

Dec. 14

20

51,800 PharU Tire 8c Rubber Co—.1
*
13,400 Philadelphia Co com

50

8,300
2,700
1,100
10,500
2,000
1,300
3,600

25* June

13

July
July

14** Dec. 19

16

8** Dec. 29

£92** Dec.
97** Dec.

1,390 Pa Pow 5c Lt $6 pref....
$7 preferred
14,825
5,075 Pennsylvania Salt Mfg...
25 Pennsylvania Sugar Co
15,600 Pa Water 5c Power
16,950 Pepperell Mfg Co
1,250 Perfect Circle com

6

185* Dec.
75* Dec. 30
75* Dec. 31

28

1** Dec.
75* Dec.
295* Dec.
50

8**

Dec.
Dec.

1**

2**
25*
IX Sale
85* Sale

4
Sale

Dec. 27
5
Dec.
Dec. 28
Dec. 21

7** Dec.
30

2 J*

Gaa 5c Klec class A

75* Dec.

16** Dec.
5** Dec.
75* Dec. 31

17

2.50

com

66**
6**
20**

325 Phila Elec $5 div preferred.

"""125

,

87

5** Sale

5X Sale

.

com vtc._

"32 5* "D"e"c."29

305* Dec.
28

*
1

$5 preferred

200

6,100 Pa

June

4

4 X Mar.!

3

11

32

Sale
75*
20**

275 Pa Edison Co $2.80 pref

50
90

Corp

Pa Cent Airlines

3**

5** Dec.
6
35* Dec. 27

45* Dec. 17

Sale
3X

26 X
Sale

shares...

Penn Traffic Co....
Pennroad

Sale

31

Sale

103 X

2.900 Paramount Motors Corp—
10
2,500 Parker Pen Co
40,600 Parkersburg Rig & Reel Co. 1
I,380 Patchogue Plymouth Mills.
*
3,000 Pender (D) Grocery cl A
Class B
♦
17,600
4,600 Peninsula Telep Co com
100
7% preferred
-.100
5,400 Penn Mex Fuel common...50c

25

500

American

600

5**

7

11

5

—

142,400 Pan Amer Airways com
1,565,100 Pantepec OH of Venexuela

6

28 X
25 X

6% 1st pref. .25

1st preferred

150 Page-Hersey Tubes com

"""566

9**

Pacific Ltg Corp S6 pref...
700 Pacific P & L 7% prof
100
20,100 Pacific Public Service com..*

3,900

8,100
185,900

3

6
45*

5**
35*

J

Pacific Can Co common

3,100
81,900

45* Sale
3
3X

*

3,500
Formerly Nat Bak Co
8,650 Overseas Securities Co

1

15* Jan. 21
55* Aug.
6
165* Aug. 3
97
July
8
24
July 20
23* Aug. 26
40
Aug. 31
23
Dec.
1

83

Mar.
Apr.
Mar.
Mar.
Mar.
Aug.

95

Mar. 25 103

Jan.

7

65* Jan. 21
73* Jan.
7
83* Nov. 10
98
Jan.
7

Public Service of Colorado—

310

50
10

90

2,390
980

13,595
II,660

40

100

6%

1st preferred
7% 1st preferred

280

Public Serv of Ind pr

100

pref..*

$6 preferred

*

24** Sale
125* Sale

Sale

483*

Sale

30

43**

Sale

1025* Dec. 16 1025* Dec. 16
1085* Dec. 15 1085* Dec. 15
42** Dec. 12 483* Dec. 31

1035* Jan.
Jan.

22

July 22
29 1085* Dec. 15
28
483* Dec. 31
18
30
Dec.' 31

30

Dec. 31

113* Jan.

89** Dec.
9 92
995* Dec. 16 100

Dec. 28

92
755* Apr. 26
87
May 20 100

23

Dec. 10

Public Service of Oklahoma—

6% prior lien pref....—100
230
7% prior lien pref..
100
JPubllc Utll Securities—

80
50

3,425
1,650
800

$7 part preferred..
*
1,050
19,665 Puget Sound P 5c L S6 pf
$5 preferred
15,835
4,900 Puget Sound Pulp 5c Timb..*
—...

625 Pyle-National Co

"2,300

155*

12

38**

....

com

II,600 Pyrene Mfg

2,935 Quaker Oats com
6% preferred.
2,020
4,385 Quebec Power Co

300
60

400

Sale

Sale
Sale

7

"6

65*

957

Dec.
Dec.
Dec.
Dec.

16

** Dec. 24

24
28
28
28

385* Dec. 12
7
Dec.
1

8

5** Dec. 20

Dec.

17

10

..5

..10
*

100
♦

65*
95

75*
Sale

138** Sale
155*
17**

45*
£115

150

165*

55*
Sale
Sale

175*

Sale

5

45* Dec.

5*
105*
23 5*
45*

July
Mar.
Mar.
May
7
May
45* Sept.

113

163*

Sale

Dec.

3 117** Dec. 29

Dec. 19
Dec. 28 152
Dec. 28
163* Dec. 29

30
30
29
23
2
17

Dec. 28

Dec. 16

5* Feb. 19
235* Feb. 18
475* July 19
75* Jan. 12
113* Nov. 10
7
Jan. 21

90

147

118

115

136

16

95* Dec. 27
** Dec. 19

4,000 Railway 5c Light Securities.*
1,957 Rys & Utll Invest cl A com..1

1,325

**
12**
31**
55*

Dec.

Mar. 31 1173* Dec. 29
Oct.
7
May
9 152
135* Mar. 21
175* Sapc. 2

Dec.

8

Dec.

14

5* Feb.

205* Dec. 15

105* Feb.

3

Feb.

7 5* Mar. 15

Oct.

15

X Feb.

15

11

9

14

Raymond Concrete Pile-

2,450

._.*

12

14**

18**

•

25

33

37

50c
17,300 Raytheon Mfg com
77,800 Red Bank Oil Co
*
24,500 Reed Roller Bit Co—
4,300 Reeves (Daniel) com
50c
50,000 Relter Foster Oil Corp
5
9,300 Reliance El 5c Eng Co
1
40,600 Reyharn Co.. Inc..
1
107,900 Reynolds Invest com
•
7,500 Rice Stlx Dry Goods Co
1
80,000 Richmond Radiator com
Rio Grande Valley Gas Co—
Voting trust ctfs
1
22,200

2

25,920
650

""2",800
2,900
2,200
800

6,200
1,200
7,100
12,700
100

13,000
10,000

For footnotes

see

Common.

$3

page




conv

53.

pref

25*
Sale

4

23

24

35*

10*'
2

4

5*
115*
2 5*

43

2**

Sale

5

Sale

Sale
6**
% Sale
12
133*
2** Sale

32**
6

5*

6**

5*

IX

15*

25*

5* Sale

20**
39**

20

**

2

4**
32

4**
5*
11**

Sale
44
2**
5**
33**
55*
Sale

12**

'""** Sale"

5H#
Sale

5*

45*
3 **

4**
Sale

5*6

5*6

19

Dec.

10

15*
43*
30J*
45*
**
105*
2**
**
45*
25*

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

23
28
21
28
13
28
1
12
21
6

2354

Oct.

17

40

13* Mar. 29
35* Jan. 28

5

Oct.
July
May
Oct.
Dec.
Jan.
Nov.
Oct.
Jan.
Juiy

29

2** Dec.

6

Dec!

29

Dec.

32**

2

Mar. 31

19

8
6

2** Dec.
7
5*6 Dec. 30
45* Dec. 21

May
Dec.
May
Mar.
June

4

Mar. 31

6

Dec. 20

1

Mar. 30

4

5* Dec. 31
13

4

Dec.

16

5*6 Dec. 10

13
13
25
26
22

363*

25*
3*
85*
25*
X

3* Dec. 22

56
145*

45*

13*

5
14
26
16

5
2

17
16

28
7
29

Dec. 20

X Aug.

8

48

NEW

AQQREQATE

December

12 Months
1938

Shares

Shares

100

200

18,800
3,700
8,800

400

5,200
3,100

1,550

32,400
575
10,500
3,900
300

2,400
6,800
20

40

Par

STOCKS (Continued)

Bid

Ask

Bid

Dec.

31

Ask Bid

Lowest

105*

55*

135*

16

6

155*

15

Highest

Dec.

Sale Prices
19 100
Dec. 19

145* Dec.

155*

3

145* Dec. 29

Rolls-Royce Ltd—
Am dep rets ord reg--—£1

Cable Corp common—5
10,550 Roosevelt Field Inc—......5
58,600 Root Petroleum Co com
1
11,100
$1.20 conv preferred
20
16,500 Rossla Internet Corp ——*

5*

pref

conv

34

7,700 Safety Car Heatlnit 8c Ltg
700 St Lawrence
Corp Ltd

38

82

*
350
A $2 conv pref
50
397,000 St Regis Paper Co
5
3,775
7% preferred.
100
20,500 Salt Dome Oil Co..
1
27,400 Samson United Corp com—1

Sale

25*
5*
63

41

72

55*

1938

43

65

1

Sale
1

1

8

8

Dec.

2

Dec.

17

76

Dec.

16

55* Dec. 19
125* Dec. 31

28

Dec. 30

66

Dec.

15

/

35*

Sale

Sale

35*

Sale

165*
15*

Sale

*

25*
15*
125*

2U
15*
13

25

2351

25

27

2

15*
125*

1

115*
255*

Sale

25* Dec. 28
8
525* Dec.

Sale
2
15*

165* Dec.
Dec.

1
24

Sale

23

175*

Dec.

175* Dec.

19

15* Dec.

9

Dec. 27

114

17

35* Dec.
1
575* Dec. 15
175* Dec. 2

15* Dec. 21
115* Dec. 28

12

Scranton Elec $6 pref......*

35

14

2

Dec.

1

9

12 5* Dec.
27
Dec.

18

41

Dec.

30

4

Jan.

11

22

15* Jan.

13

92
6

Jan.

11

July
185* July

Mar. 30

25
20

Oct.
Oct.

27
24

7f«

Mar. 26

8

Nov. 23

30

155* Nov. 28
15* Dec. 21
1
Sept. 17

185* Nov. 9
35* Aug.
1
2 5* Jan. 27

Mar. 29

15

Jan.

12

155* June 10 295* Nov. 16
Dec.
July
6 114
7

Dec.

20

Dec.

7

110
15

Dec.
135* Dec.
15* Dec.
15* Dec.
33
Dec.

10

16

14

79

Sept. 21
Apr. 16

7 114

7

95* Jan. 22
5*6 Feb. 28
465* July 19

Mar. 29

42

28
1
8

85* July 21
125* Dec. 31

48

2
,1

4 5* Dec.

28

4

5

25

Mar.
Mar.
25* Mar.
5* Mar.

125

Schlff Co

Scranton Lace Co common..*

Mar. 30
Mar. 31
Dec. 13

5
35

Nov. 25

145* Oct.
25* July

Sept. 24
305* Apr.
2
45* Mar. 30

Dec. 31
5* Dec. 21

il'A it*
3

35*'

3 5*

6

Dec.

59

41

m

9

5* Dec.
44

25

6
Mar. 29
Jan.
7

4

9

Dec.

Sale

1

6

13

14

Apr.
115* Apr.

Dec.

Dec.

5

Sale Prices
Dec. 19
6 100
17
1
Aug.
5

90

15* Dec.
45* Dec.

7

85* Dec. 15
395* Dec. 20
7
25* Dec.

Highest

Sale Prices

225* June
13

15

Dec. 28

69

651
Sale

35*
5*

1
Sale

Savoy OH Co
Scovill Mfg Co

12

Sale

15* Dec.
15* Dec.
45* Dec.
Dec.
395* Dec.

-

69

55*
Sale
Sale

40

165*
15*
5*
125*

com

51
Sale

5

95*

3H
15* Sale

*

6

75

3

Ryerson fit Haynes Inc com.l

Sale

5*

H

425*
55*
7
75* Sale

♦
*

Ryan Consol Petroleum

9

105* Dec. 22

135*
15*
25*
25*
55*
7
5*6 Sale

125*
15*

2

5

40

Russebs Fifth Ave Inc...2.50
Rustless Iron 8c Steel Corp—1

Sale

15*
15*

Sale

"At

*
Royal Typewriter com...—*

13

15*

3
8

550 Royallte Oil Co Ltd

$2.50

YEAR

Lowest

Sale Prices

Ask

100

38,500 Rome

8,300
11,900
53,200
330
700

Dec. 1

1938

19,850
20,700
109,700
4,150
32,900
51,500

RANGE FOR

Price
Jan. 3

1,750 Rochester G & E 6% pf D.100
3,700 Roeser & Pendleton Inc
*

175

2,500
1,000
14,600

EXCHANGE

PRICES IN DECEMBER

YORK

CURB EXCHANGE

400

3,800
1,800

CURB

SALES
NEW

In

YOBK

June 20

25

Feb.

Dec.

265*
145*
25*
2 5*

Aug. 29
Nov.
Nov.

35

Mar. 24

26

Scranton-Spring Brook

250

8,600
9,600
5,000
400

14,700
10,800
300

24,300
1,900

1,150
1,000
100

1,100
200

1,300

55,600
12,000
1,500
9,250
90

1,725
Water Serv $6 pref
*
41,500 Scullin Steel Co common—*
74.900
Warrants
18,400 Securities Corp Gen'l com..*
1,600 Seeman Bros

4,350 Selby Shoe Co

117,500
17,600
12,350
5,700

100

1,900
590

36

1
*

15*

Sale

AX

45

2 5*

Sale
Sale

1

1

75*

115*
Sale
15*
32
Sale
45*

125*
15*
15*
295*
5*
65*

15*

15*
95*

2

Sale
Sale
151
33
Sale
Sale

105* Dec.
5
15* Dec.
15* Dec. 27
32

$5.50 prior stock

1

95*

8

51

59

70

52

...25

Allotment certificates

58

68

Sale

64

705*

•

25*
55*
55*

5*6
35*
7
Sale

8

Sale

205*
1035*

Sale

114

3*

45*
15* Sale
65* Sale
195* 205*

7,400 Shawinlgan Water & Power.*

78,785 Sherwin-Williams Co com—25

83

Sale

2,690

5% cum pref A A A.....100
100 Sherwin-Williams of Can
*

Sale
Sale
Sale

64

655*

21

!

3

114

Sale
Sale
21

Sale

55*

55*

12

125*

10

6
27

5*
65*
135*
15*
95*

15

8

Dec.

1

28

70

28

70

Dec.

17

7

% Dec. 17
9
5*6 Dec.
Dec. 12
65* Dec. 12
55* Dec. 29

9

1

2

Dec. 29
Dec. 15
Dec. 31

Dec.

12

Dec. 31
Dec.

1

Dec.

125*

5*6 Dec. 22
115* Dec. 20

2

15* Dec. 22
25* Dec. 20

17

5* Mar. 18
5

Oct.

Jan.

11

15* June 29

Mar. 30

12

485* Mar. 31
495* Mar. 31

Nov. 10

755* Aug.
8
755* Aug. 10
15* Feb.

% Dec. 17
% May 23

4^

25* Dec. 10

10

June 23

July

4

8

Mar. 24
75* Oct.
6 5* Nov.
15* Jan.
3
55* Mar. 30
115* Oct.
17
Sept. 26 x225* July
66
Apr.
I 1175* Oct.
Jan. 27 1145* Aug.
107
12
14
Oct.
Sept. 13

2 5* Dec.
2
35* Dec. 31

5*6 Sept.
>5* Jan.

3
9

17

15* Jan. 10
65* Dec. 29

Mar. 25
June
6

11

5*8 Dec. 22
115* Dec. 20

25*
Sale

Mar. 22

295* June 21
5* May 26

2 5*

Dec. 30

22

35* Mar. 30
5* Mar. 29

14

Dec. 31
Dec.
1

28

Dec.
5
85*
195* Dec. 22
205*
1015* Dec.
6 114
2 114
1135* Dec.
13
Dec.
8
13

25
♦

28
22

19

25* Dec. 10
55* Dec. 30
5
45* Dec.

7

55*
85*
205*

6

% Dec.
5*6 Dec.

5*» Sale

Sale

5*

4

1
5

Shreveport Eldorado
Pipe Line stamped
Siiex Co (The) common

10

Dec.

% Dec.
Dec.
Dec.
Dec.
Dec.
585* Dec.
595* Dec.
45*
12 5*
5*
85*

*

com

Convertible stock

11,100 Seton Leather com
386,625 Seversky Aircraft Corp
159,500 Shattuck Denn Mining

5,200
10,920

105*
15*
15*
295*
5*
45*

Sale

5

com

Selected Industries

Simmons-Boardman

3,700

1

*

__

75*

65*

JX

Selfridge Prov Stores, Ltd—
2,400
American dep rets
£1
14,300 Sentry Safety Control
1
900 Serrick Corp class B com
1

25

1,400

common

194,800 Segal Lock 8c Hardware
63,400 Selberling Rubber com

Dec. 22

16

.

19
22

17

25
6

24
13

5*. May 23
145* Oct. 13

Pub

100
Corp conv pref
•
48,500 Simmons H'ware & Paint Co *
30,700 Simplicity Pattern Co...—1
3,330 Singer Mfg Co100

16

15*

15*

25*

5

6

3

224

Sale

Sale
35*

15*
35*

Sale

212

Z200

Dec.

12 218

Dec.

30

35* Dec.
875* Dec.

1

*

Nov.

165* Mar. 23
25* Aug.
8
55* Jan. 14
12 254
7
July
1

15* Mar. 25
Dec. 20

2 5*

x200

Dec.

Singer Mfg Ltd—

200

4,300

25

Am dep rets

ord reg shs.. £1

51,100 Solar Mfg Co
90,800 Sonotone Corp
23,200 Soss Mfg Co.

3,200

30,900

2,100

20,500

1,000

35*

55*

Sale

35* Dec.
1
875* Dec. 10

100 Sioux City G & E 7% pref.100
100 Skinner Organ Co
*
425 Smith (Howard) Paper Mills.*

4,800
6,400
1,300
5,300

400

5

Sou Calif Edison praf B

15* Sale
55*
25*

265*

25
25
25

65*
3

265*
245*

24

'"15* ""35*

45* Sale
15* Sale
55*
55*
25* .Sale

35*
15*
55*
25*

Sale
25*

275*
285*
265*
265*
405* Sale
15*.
25*

285*
275*

295*
275*

290

7% preferred..
100
440 South New Engl Telep Co.100

300
800
25

450

9,800
250

51,300
39,500
1,200

1,500

10,700

Am

2,100

Am

""900

10,100 Spencer Shoe Corp

5,900

Preferred
Southland

148

140

3,600 Southern Pipe Line
..10
14,700 Southern Union Gas com—*

45*
15*

148

45*
25*

155

35*
15*

35*
15*

155

Royalty Co

5

South Penn Oil

25

So West Pa Pine Lines

65* Sale
375* 38
215*
25

50

55*
305*
165*

315*

325*

21

17

5*

%

6

65*

2

Dec.

16

4 5*

Dec.
15* Dec.
55* Dec.
25* Dec.

7
275* Dec.
265t Dec. 21

29

405* Dec.
15* Dec.
145

Sale
Sale
195*

2

15

3
Dec.
Dec. 21
8
Dec.
2
Dec.
Dec.
9

165* Dec. 22

7
1

3
1

Dec.

30

27

Dec.

29

42

Dec.

13
5

15*

Dec. 23 145

3 5*
15*
125*
55*
295*

45*
2

25

A

28

45* Dec. 28
2

'"II* "2"
142

45*
25*

3 5* Dec.
1 5* Dec.

4
15*

Dec..
Dec.

23

35* Dec.
15* Dec.
125* Dec.

3
6
8

6 5*

Dec. 28
32 5* Dec. 31
165* Dec. 22

Not.

Malt.

Oct.

1

13
3

2

5 5* % pref class C
2,110
5% original pref
6,300 Southern Colo Pow cl A..25

""16

55* Jan.
91

1

1
1
1
1

20,500 South Coast Corp com

10

3% Dec.
85
OctL

12
20

16

Aug. 12
45* Oct.
6
15* Jan.
4
7
Aug. 20
35* Jan. 28

1 >* Mar.
15* Mar.
3 5* Mar.
2

Nov. 18

Dec.

30
135

Mar.

29

Dec.

Mar.

27

Dec.

30
29

Apr.

12

Dec.

13

Mar.

3

Oct.

17

June

255*
23 5*
345*
15*,

45.

May 12
1515* Sept. 21
55* Jan. 20
3
Apr. 11

June

35* Oct.

15* Dec.
10

17

July
55* Mar.
285* Apr.
16 5* Dec.

Oct.

75* Jan.
39

Mar.

225* Jan.

6
8
1
31

Spanish & General Corp Ltd

1,300
1,900
1,100
2,050

dep rets ord reg shs..£l
dep rets ord

1£

...

2,446 Stahl-Meyer Inc com....
6,100 Standard Brewing Co

16,600
11,400

a

*

bear

t y\

5*

45*
15*
5*

*

*

5*
u

35*

25*

1

5*

15

16

16

17

Standard Cap & Seal com—1
Conv preferred
10

20

225*

4

15*
5*
165*
Sale

5*
5*
25*
15*
5*
155*
215*

5* Dec.

%

8

5* Dec.

5* Feb.

8

5*

5* June 23

24

2

5* Nov. 30
■

35*
25*
Sale
17
215*

2?* Dec. 13
15* Dec. 16
5* Dec. 20
155* Dec. 16
205* Dec. 20

Dec.
25* Dec.
5* Dec.
16J* Dec.
235* Dec.

12

3 5*

2?* Dec. 13
1

Nov. 17

5* July 27
12 5* Mar. 30
18
Jan. 22

5

25*
5*
185*
235*

Jan.

Aug.
Dec.
Jan.
Aug.
Aug.

20
3
17

5
9
3

Standard Dredging Corp—

9,700
100

2,600

13,700
7,200
9,400
600

22,900
3,900
1,250
4,500

7,600
9,300
1,500

Common.

1,650

$1.60

conv

1

preferred

15*

20

12

13,150 Stand Invest $55* P*ef w w._*
102,700 Standard Oil (Kentucky)..10
15,600
52,110
3,625
207,400
15,100
5,310
74,650
83,100
115,300
21,000

Standard Oil (Nebraska)

,8*
17

Standard Oil (Ohio) com..25

5% pref

100

Standard Power & Lt com__l
Class B

*

common

$7 preferred

*

Standard Products Co

1

Standard Silver Lead

1

Standard

Sale

85*
95*
195*
21
995* 1015*
15* Sale
15* Sale

25

55* Sale
5* Sale
75* Sale
2
25*

Steel Spring Co..5

Standard Tube class B--...1

25*

15*
115*

13 5*

115* Sale

2
13

2

6

205*
1025*
5*
5*
315*
95*

5*6
22 5*

25*

Sale

Sale

175*

Sale

Sale

175*

12

65*
195*

6

17

5*

55*
Sale
Sale
185*
101
104
103
1015*
1
15* Sale
5*
15*
5*
15*
5*
26
Sale
Sale
"95* Sale
75*
5*
5*
5*6
5*6
Sale
22
21
Sale
25*
25*
25*
25*
,

Dec. 29

Dec.

29

11

12

Dec.

31

5

22

Dec.

12

19

95* Dec.

175* Dec.

1

15

1
Dec.
75*
Dec. 27 205*
Dec. 17 103
8
Dec,
15*
Dec. 22
14

100

50

2,400

Acid Works

20

16

155,400 Starrett

25*

(The) Corp v t c..l
150 Steel Co of Canada ord.
*

1,250 Stein (A) fit Co com
26,200 Sterchl Bros Stores Inc
425

6% 1st preferred

3

""35* "35*

35*

Sale

115*
35*

*

13
4!

12

45*

14

115*

Sale

r3 5*

125*
Sale

90

Dec.
Dec.

1,100
1,200

1,950,
2,200'
200

17,600
400

2,800

15,225
10,050
11,850
22,400

Stetson (John B) Co

com

6

45*.

25*\

75* Sale
15*
15*

*

5
*

11

Sullivan Machinery Co

♦

75* Sale
115*
165*

50 Superior Portl Cement A
825
Class B common

3

305*

Sale

34

35*

Sale
35*
Sale

65*
2 5*

35*

Sale
Sale
4

Dec. 23

32

Dec.

Dec. 22
2
Dec.
Dec. 20

95*
5*
23 5*
2 5*

Dec.
Dec.
Dec. 24
Dec.
2

Dec.

16

Dec.

17

35* Dec.

2

Dec.

6

17

25* Dec. 21
12

Dec.

14

3

Dec.

23

55* Dec. 12
25* Dec. 27
35* Dec.
1
5

1

9

95*
105*
2%

345*
455*

15*
95*
11
12
Sale
355*
Sale

1

15*

95*
9

10
Sale

9

10

r25*

Sale

12

Dec.

14

45* Dec.

1

Dec.

1

Dec.

5

9

Dec.

28

28

75* Dec. 29
95* Dec. 28
2

5,300
3,000
1,300
3,200

96,100 Taggart Corp com
1
24,400 Tampa Electric Co
•
1
14,600 Tastyeast Inc class A..
31,900 Taylor Distilling Co
1
435,600 Technicolor Inc common.:.'

55*

85*

45* Sale
27

29

55*
45*
335*
54
1

165* Sale

For footnotes see page 53.

\
5

205*

7

175*
35*
%
65*

55*
345*
5*

Dec. 30
Dec.
8

6 5*

Dec.

14

1

Dec.

5

95* Dec. 28

2
16

4

8

105* Apr.

16

Sale

Sale

55* Nov.

1

35

Oct.

105*
85*
4 5*
45*

Sept. 21

31

Oct. 24
Jan. 25
Nov. 10

5

Dec.

1

Nov. 22

2

Feb.

17

75* Mar. 30

13

July

23

Nov.

28

95* Aug.

0

Jan

13

Mar.
Dec.

1
135* Feb.
35* Jan. 18
39
Aug. 26
1
455* Dec.

13

Dec.

15

r% Sale
Sale

Mar. 24

2

8
55* Apr.
July 11
155* Oct. 22

2

125* Dec.
45* Dec.

22 5*

-2 5* Apr.
2
45* Mar. 31
6
June 27

17 5* Oct.
69

7

1

38

55* Dec. 29

7
12
5

17

June

6

25

8

12

5* Dec.
5* Dec.
195* Dec.

Dec.
Jan.

3

Oct.

July

8
2

Dec.

45* Dec. 14
335* Dec.
7

Mar.

Apr.

Jan.

31

455* Dec.

,5*6

Nov.

Dec.

9

405* Dec. 21

Sale
37

Oct.

115*
5*6
245*
45*

105* Dec.
2 5* Dec.

36

5*

15
9

40

2

6

435*

45*
365*

6

14
3

Mar.
Feb.

35* Apr.
1
25* Dec. 27

Dec.

39

65*

1

Oct.

June

4

36

5

July

15* Jan.
15* Jan.

65* Dec. 31
35* Dec. 29

42

*

1,900 Swan-Finch Oil Corp .....15




13

65*
3

104

June

Sept.

*

400

27,400

45*
25*

Stinnes (Hugo) Corp
Stroock (S) & Co Inc

1,600 Sunray Drug Co common...1
196,450 .Sunray OH
1
7,300
5)4% conv preferred
50
7,600 Superior Oil Co of Calif...25

"""l"25,

Sale

Feb. 21
Nov. 12
Nov. 10

85* Aug. 31
225* June 30

June

800

3,705
4,800
6,700

25*
14 5*
145*
185*

'

50

5% 2d preferred
...20
51,905 Sterling Aluminum Prod
1
21,400 Sterling Brewers Inc
1
82,590 Sterling Inc
.....1

7

165* Mar.

Dec.

55*

62

•

2

Dec.

Dec. 27
Dec.

Standard Wholesale Phos &

18,000

Apr.
Apr.

Mar. 29
Mar. 31

5

Dec.

19

36 5* Dec. 29

5*6 Dec.
1

5

Dec.

1

22 5* Dec. 30

295* Apr.
39

Oct.

43 5* Nov.
8
Apr.

45* Dec.
25* Mar. 29
8
5* Mar. 31
5* Mar. 30
145* Mar. 30

26 5* Feb.

44

Nov

9

1

155* Oct. 31
8
Sept.
8
65*
365*
5*
15*

July

19

Dec. 29
Jan. 10
Jan. 11
265* July 29

NEW

JAN., 1989]
AGGREGATE

SALES

December
Shares
75

2,975

300
,

25
4,400

Jan. 3

1

i'00

1-175
93,0oo

Tenn El Pow 7% 1st »fef__100

Texas P & L 7% pref
Texon OH Ac Land Co.

.2
Thew Shovel Co common...5

Tilo Roofing Inc

..1

Tiahman Realty & Constr.
Tobaccofk Allied Stocks...

2,020
80
40

5,4oO
6,5oo
13.370
«50

1,800
9,600
18,900

6,100

•

1,200
100
400

1,100
100

2,500
25

9

7154

4X Sale
1454 Sale
1354 Sale
2X
4
5854
63
454 Sale

11

8

Sale

254

shs..£l
5s

16 34
2

Todd Shipyards Corp
Toledo Edison 6% pref..100

44*4

100
^60
9,Oio Tonopah Belmont Devel_.10c
26,800 Tonopah Mining of Not
1

66,2oo
119,200
46,900
1.400

Trans-Lux Plct Screen com.l

10

Transwestern Oil Co

Tr!*Contlnental Corp Warr..

*

Trunz Pork Stores Inc
Tublze Chatillon Corp—

12,200
3.000
3,100
2,100

68

Sale

4

234

1354
154

17 A
234
Sale

71

16
2
Sale

Lowest

Ask

Common
121,800
Class A
21,200
37,900 Tung Sol Lamp Wks
80-cent dlT pref
15,600

12.000
5,100
11.500
19,200
2,500
49.500
175

1
1

—-

com—

34
254
654

56 Sale
54
54
254 Sale
454 Sale
%
X
7X
10

x
Sale
Sale

% Sale
754
7 A
25

2%
634

954

954

Sale

1

Union Premier Food Stores. 1

50

Union Traction Co

6254 Dec. 13

94

9054
354
rl454

90

354

Dec.
Dec.

Til
Sale

9

14

Sale

1354 Dec. 21

3

Dec.

27

63

Dec.

19

454

454

1454
154

454 Dec.

12

Dec.

12

14

16
„

80

2

67

254
60

154

Sale

54

54
154

2

"""54 Sale"
754

154 Dec. 12
8
70
Dec.
Dec.

Sale

36

Sale

24

70

30

44

Mar. 29

83

Oct.

15

Dec.

1

Dec. 21

1
36 Dec.
3
54 Dec.
1
254 Dec.
454 Dec. 15
34 Dec. 31

3
754

254
654

654
554
Sale
1354
454
1 354
5

Sale
7

554
354
154
1254

654
554
154
1354

d*

13

Sale

254

254

854
3154
254
654

Dec. 22
Dec.
9
Dec? 21
Dec. 27

454 Dec. 21
Dec. 21

4

Dec.
Dec.
Dec.
Dec.
Dec.

12

Oct.

6
17
17

554 Oct.

13

Dec.

12

154 Dec.

12

82

Dec.

Dec.

1

Jan.

21

3 54 Jan.
734 Jan.

20
11

44

Mar. 29

34 Dec. 22

154 Oct.
454 June

7

Jane

1

7*

5

27

July

554 Mar. 26
18

June
8
Mar. 31

2

754 Dec.

2

434 Apr. 20

534 Dec.

10

4

8
16
15
28
22

154
1354
454
13 54
254

334
4354
154
54
354

1654 Jan. 13
2
Sept. 2

x8554 Apr. 13 104
9854 Mar. 11 111
56 Jan. 20

2

Dec. 23

154
1254
454
1254
254

5

63

254 Mar. 31

Dec. 31
Dec.

27

Dec.

14

Dec. 31

36
3

8
29

Oct.
Feb.

Mar. 18

50

1454 Dec. 13
154 Dec. 12
Dec. 14
82
2
10354 Dec.

24

15

2

19

454 Dec.

28

Jan.

554 Oct.
21
July

754 Mar. 31

31

Dec.

7654 Oct.

6 102

3 54 Mar. 29
6 54 Mar. 29

254 Dec. 23
63

16 Ill
1

56 Dec.
54 Dec. 22
154 Dec. 22
454 Dec. 22
54 Dec. 28

Dec.

2
9354 Dec.
1
454 Dec.
1554 Dec. 16

9,

1154

554
354
154
1254
354
1254
254

3 34
8

10

354 Dec. 27

Sale

15

254
754

134

10

954
Sale

33

Sale

Union Gas of Canada

Union Investment Co com..*

Highest
Sale Prices

109

*

Inc—...10

Lowest
Sale Prices

10154 Dec.

*

Ulen & Co series A pref
Series B pref
Unexcelled Mfg Co

1
*

Highest
Sale Prices

71

70

7% preferred A...

„

1,000

Ask

Bid

"56" "57""

Tobacco Prod Exports
Am dep rets oird reg
Am dep rets def reg

YEAR 1938

Sale Prices

Dec. 31

Ask Bid

Bid

I0U

Tobacco Secur Trust Co Ltd

500
400

Dec. 1

1938

35,500
38,150
44,9oo

RANGE FOR

Price

STOCKS {Concluded.)

130

6,700
1,500
2,400

CURB

1938
Shares

IN DECEMBER

PRICES

YORK
EXCHANGE

NEW

12 Months

In

49

EXCHANGE

CUEB

YORK

134 Mar. 26

Dec. 21

Mar. 16

2

Dec.
1
Dec.
8
Dec. 15
Dec. 16
Dec. 22

54 Mar. 30
11
Sept. 28
354 Mar. 30
10

3

Jan.

254 Dec. 22

Oct.

14
18
21

Aug. 19

154 June 24
854 Oct. 24

1234
4234
354
854

Aug.
6
Oct. 27
Oct. 18
Nov. 4

734 Oct.

27

Oct.

27

6

134 Mar.
15

Jan.

2
14

654 Jan. 11
1434 July 20
354 Nov. 14

United Chemicals Inc—

600
100

44,000
16,500
140,300
4,400

5,600
500

200

34,495
93,500
590
364,200
21,800
321,225
1.825

100

725

12,300
50

64,400
3,200
25,625

......—......*

Common

cum partlc pref.
*
Cigar-Whelan Stores. 10c
88,600 United Corp warrants
1
903,400 United Gas common

561,600

S3

Un

57 1st non-vot

pref.......*

Warrants

4

Sale
47

3
38

96

154 Sale
56
54
354 Sale
8254 Sale
54
1
75
Sale
254
254
2 54 Sale
2654 Sale

98

154 Sale

United G Ac E 7% pref...
United Lt Ac Power com A

100
•

Common class B

*

$6 1st pref

*

United Milk Products com..*
S3 preferred

*

"3H Sale"
334

2134
17 A
68

454
45

39

34 Sale
% Sale
4 A Sale

434
Sale
20

354
4 54
4354 Sale
154 Sale
54

354
84

,54

Sale

54 Sale
7554
80
254 Sale
254
254
31

Sale

21

23

70

31
5

54
254
7454
54

Dec. 13
8
Dec.
5
Dec.
7
Dec.

75

Dec.

2

Mar.

30

.1

Dec.

30

Dec.

30

Dec.

84

12

Dec.

15

34
54
234
69

Mar.
Mar.
Mar.
Dec.
Mar.

Dec.

7

2454 Dec.

9

31

1

154 Dec. 22
2

20

Dec. 27

73

68

Dec.

Dec. 31

Dec. 30
Dec. 13
76
234 Dec. 30
1
254 Dec.

2154

2054

6854

71

„

Sale

3

43 54 Dec.
1
Dec.

70

Dec.

2

Dec. 31
2154 Dec. 21
Dec.
2
70

JU

Dec.

i<>e*

15

Jan.

12

Jan.

13

Oct.
334 Oct.
454 Jan.

29

A*

Apr.

154
134
1354
1754

6

Jan.

78

62

31

Oct.

56 Mar.
Mar.
Apr.
Mar.
Jan.
Apr.

65

Aug. 11
Nov. 12

17

12

34 54 Oct. 27
24
Aug.
3

70

May 31

United Molasses Co Ltd—

2,700
20
0

1,400
100

2,400
5.600
5,960
1,020

4,000
26,800
4,900
1,500
3,900
1,400
1,600
150

2,000
3,900
3,900
270

6,300
10,300
13,600

"3,866
430
500
500

4.900
975

5,300
1,175
8,700
8,700
22,700
1,600
6,450

7,400
675

1,100
4,200

25,100
150

300

9,200

7,900

""666
900
400
600

1,100
1,600
8,400
7,900
6,300

190

Am dep rets for ord reg_.

United N J RR & Canal.. 100

8,900 Unit Profit Sharing com..25c
500
10% preferred
...10
209,900 United Shipyards class A...1
Class B
1
161,800
25
50,085 United Shoo Mach com
Preferred
25
5,540
22,100 United Specialties common
145,200 U S Foil class B
25,600 U S Ac Internat Sec com.—*
1st preferred with warr
14,350
*
24,700 U S Linos Inc pref
*
10
7,750 U S Playing Card com
1.600 U S Plywood Co common
150
$1.50 conv pref
...20
1
49,200 U S Radiator com.....
23,900 U S Rubber Reclaiming...
11,700 U S Stores Corp com
*
$7 Conv 1st pref
2,390

654

554

634

854
1054
154
8154

11

700
21,700
8,750
20,800
31,700
119,900
8.400
20,350

Sale

1

134
Sale

71

ValsparCorp common
$4 conv pref

Sale
Sale
Sale

1054

1054

8554

Saie^
Sale

454

454

654 Sale
54
54

554

354

154
2954

""154
Sale

"454 "'454

3

254

2%

254

81

Dec.

1

4154 Dec.
354 Dec.

2

8

Dec.

9

5

Sale

64

154

154

Sale
Sale

27
16

1

454

2354 Sale
r454 Sale
254
3

56 Dec.

2

Dec.

3

154 Dec. 28
27

Dec. 30

1354
2354
454
234
54

Dec. 29
Dec. 29
5
Dec.
6
Dec.

134
IX
2X Sale
5
8X
IX Sale

13

13

9

354

454

W

56
,54
54 Sale
254 Sale
14
1754
454
454
1054
13
7
854
„

1

Sale

2

54 Sale

10

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

9

Dec.

15
21

39

21
1
1

15

2334 Dec. 31
Dec. 16

1

Dec.

Utility Equities

•

2

$5.50 priority stock...__..*

42

com

Utility 8c Ind Corp com

1

52

5

Conv preferred
itJtll Pow Ac Light

(
254
i Sale

Class B

54
•

Sale
5l

1

common

Van Norman Mach Tool

1
5
com

754 Sale
254 Sale
26

Sale

5

33,600 Waco Aircraft Co
26,700 Wagner Baking com vtc..
50
7% preferred
100
1,000 Wahl (The) Co common
*
4,800 Waitt Ac Bond Inc class A..*
Class B
*
3,500
32,100 Walker Mining
1

34

2854
7
754
% Sale

1

Virginia Pub Serv 7% pref 100
Vogt Mfg Corp
*

32

654

654

254 Sale
10

11

854 Sale
554
654

Sale
754

Mar. 30

Feb.

12,400 Wayne Knitting Mills
5
13,300 Weisbaum Bros-Brower Co..l
27.000 Wellington Oil Co common..1

154
654
7
54
54
154 Sale
054 Sale
454
554
354
354
254 Sale
4
454

14

854
154
7054
154

July
Jan.
Nov.
Jan.

32
16

Oct. 28
Dec. 30

2334
634
354
34
654

Dec. 31
Aug.
5
Aug.
3
Jan. 11
Aug. 10

19
11
16
10

54 Dec. 28
Sept.15

36 Mar. 29
134 Aug. 17

Mar. 29

k

3 34 Oct. 10
19
Aug.
9

Jan.

31

8

June 11

Dec.

19

May 21

14

Dec.

19

7

10

14

Mar. 29

10

Dec.

14

Dec. 27

18

Dec.
Dec.

1

May 31

1

Dec.

6

51

Dec.

15

1934 Nov. 10
134 Jan. 10
5954 Nov. 10

54 Dec. 13
Dec.

48

8

51

56
134
r54
X
1454

o

154

Sale
Sale
Sale

J

30
27

27
26

754 Sale
54 Sale

854

954

154 Dec. 28
Dec. 24
36 Dec. 20
5
154 Dec.
1
54 Dec.
5

MS£

3

154 Dec.

5

26

25

Dec. 27
Dec. 20

8
634 Dec.
34 Dec. 20
3854 Dec. 23
8
Dec. 23

254 Dec. 22
54

Dec.

14

36 Dec.
154 Dec. zy
54 Dec. 17
54 Dec.
8
1454 Dec. 31

Dec.

2754 Dec.
7
754 Dec. 23
% Dec.
1
45

Dec.

834 Dec.

1

754

Sale

5

Dec. 12

8

Dec. 29

8

Sale

554 Dec. 13

8

Dec. 31

1
154
554
654
56
,54
154 Sale
854
954
554 Sale
354
434
254
254
454 Sale

34 Dec. 16
554 Dec. 15
9
54 Dec.

9.jf

Dec.

7

%
634
54
134
1054
534

13

IX June 28
134 Apr. 29
3134 June 20
% Dec. 20
154 Mar. 30
54 Mar. 28
54 Sept. 8
7

Mar. 25

Dec. 15
Dec.
6
Dec.
9
Dec.
1
Dec.
7
Dec. 27

Dec. 28

254
3 54
5454
34
254
36
2

13

Oct. 24
July 21
Nov.
9
Jan.
3
Jan. 17
Jan.
3
Jan.

14

1754 Jan.

8

11

Mar. 31

254
34
3854
434

Mar. 29
Mar. 26
Dec. 23
June
"

134 July 19
7754 Jan. 18
1054 July 25

134 Mar. 29
554 Mar. 29
34
554
54
%

Jan.

28

754 Nov.

8

7

Dec. 29

1154 Jan.

10

Jan.

28

83

154 Mar. 8
754 Sept. 23
1
July
6

Dec.
Dec.
Dec.
Dec.

2

Nov,

9

11

6

Mar.

454
234
134
IX

Apr.
Dec.
Mar. 30
Sept. 14

8

A

434 Dec. 20
9
234 Dec.
254 Dec. 27

554 Oct.

354 July 25
36
July 25
2834 Nov. 10

154 Mar. 30
2054 June 16

254 Dec.
32

Dec.

Mar. 26

83
1

14

554 Dec.

254
5454
54

2

52

254

26

Venezuela Mexico Oil—...10
Petroleum..

254

11

134 Mar. 30
54 Dec. 21
3

Feb.

14

51

50

Sale

54
54

......7
com

7% preferred...........100

Venezuelan

54

Mar. 30
Mar. 29

Feb.

2

Dec/^f

254 Dec.

3

1354 Dec. 29
2354 Dec. 29

234 Dec. 15
54 Dec. 14
534 Dec. 30

36

1034 Nov. 30

Mar. 30

1

Nov. 15

8634 Dec. 15
4634 Dec. 21
634 Jan. 13

254 June

22

12
10

Jan.
Jan.

9

Jan.

42*

28

1

354 June 20

1

Dec. 30

5

230

July

56 Dec.
854 July
254 Jan.
34 May
5054 Mar.

54Dec.
5
6654 Dec. 15
154 Dec. 15
2954 Dec.
1
16

212

Dec. 30
Dec. 24

454 Dec. 28
11

Sale"

154

50

5

54 Dec. 28
1
54 Dec.
254 Dec. 13

54
854
1054
134
8634
4654
454

16

Sale

18

'ix "ix

Sale
Sale
Sale
1854
Sale
1654

Dec. 21
Dec.

3

56
54
254
1654
454

Dec".

10 230

Dec. 16
Dec. 21
5
Dec.
6
Dec.

Sale
% Sale

r65

21

Dec.

56
854
1054
154

Utah Radio Products com._l

59,200
4,500
19,600
34,500
123,300
900
9,500

10*

654 Jan.

434 Sept.

554

43

2 34

—

26,600 United Stores Corp com vtc *
130.900 United Verde Extenolon__50c
187,000 United Wall Paper
....2
1,000 Universal Consol OH Co....10
68.300 Universal Corp v t c
..1
630 Universal Tnaurance— .....8
1
8.500 Universal Pictures com
..*
4,200 Universal Products Co
40,100 Utah Idaho Sugar Co
5
10.275 Utah Pr & Lt $7 pref
*

5

230

"~X ""I""
8

554

Jan.

Nov. 25

8

18

Aug.
654 Jan.
334 Oct.
454 Nov.

100 Western Grocery com.....20

3

8

254
Sale

Dec.

2

7

8

Jan.

li
19
25
7

40

254

4

Dec.

19

50

Dec.

7

3054 Mar. 31

75

Jan.

12

15

Dec.

19

15

Dbc.

19

13 54 Sept. 15

854 Dec.

50,900 Wentworth Mfg Co
.1.25
54,200 Western Air Express Corp._l

6

854 Dec.

6

2234 Mar. 14
954 May 26
954 Mar. 2

Dec.

17

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

1
15
5
22
30

4

Dec. 30

254 Dec.
1
434 Dec. 31

1054

Western Maryland Ry—

680

240

100

7% 1st preferred

Western Tablet 8c Stationery

Common.
....*
1,350
425 Westmoreland Coal Co—...*

100

""""75

600 Westmoreland

16

22

14

15

15

Sale

854 Oct.

Inc

6

Oct.

6

8

West Texas Utilities Co—

170

550

6,600
1,400

39,600
4,750
4,800
15,200
21,200
3,000

800

2,700
4,000
500
50

800

......*
*

Weyenberg Shoe Mfg Co..—1
Williams (R C) 8t Co

.»

Williams Oil-O-Matic Htg—*
Wilson Jones Co com

..*

Wlllson Products Inc

1

190 Wisconsin P 8c L 7% pref .100
10
8,300 Wolverine Port Cement

900

8,500

$6 preferred...

W Va Coal Ac Coke com

58,500 Wolverine Tube Co com

2

15.500 Woodley Petroleum Corp
Woolworth (F W) Ltd—

1

1,000
23,100

Am dep rets ord shs_.....5s
9,200
507,500 Wrlght-Hargreaves Ltd
*

8,100

61,200 Yukon Pacific Mining Co...5

For footnotes

see

page

53.




254

Sale
554
7
5

Sale

354 Sale
854
10
854
1154

Sale
554
5
554
3
354
854 Sale
on
9
754
154
554

134
554
554
3

954
854

154
5 54
„

654

Sale

954
10

9
8554 Dec.
54 Dec. 27
454 Dec. 28
5

234 Dec.
854 Dec.
734 Dec.

2

Dec.

8

81

254
454
654

254
Sale
7

3
8

554

354
Sale

654

1654
1754
754 Sale

1354
13J4
754 Sale

154 Sale

154 Sale

3
8
6

354
854
654

Dec. 20
8

5

254 Dec. 27
654 Dec. 13
534 Dec. 17
Dec.

9

734 Dec.

2

1354
14
8 54 Sale

13

154 Sale

1

Dec. 15

88

154
654
534
354
934
854
83
3

17

Dec. 28
Dec. 10

834 Dec. 19
6
Dec. 22
1334 Dec.
2
854 Dec. 23
154 Dec.

2

Mar.
Mar.
Sept.
Mar.
Mar.
654 June
6
May
5854 Apr.
6754
54
454
454
2?4

2

29
25
28
28
25
16
31
20

88

254
734
654
554
1054
954
83

Dec.
Jan.
Jan.
July
July
July

17

18
10
30
25
25
Feb.
9
Dec. 28

Mar. 29

3 34 Jan.

334 Mar. 31

954 Oct.
754 July

12
25
23

Jan.

28

534 May 25
13

Dec.

9

6X Mar

31

1

Sept. 14

16}
8}

Feb.

254 Jan

3

11

50

NEW

AGGREGATE
In
December

YORK

CURB

EXCHANGE

PRICES IN DECEMBER

SALES

RANGE FOR

YEAR 1938

Price

NEW YORK
CURB EXCHANGE

12 Months
1938

Jan. 3

Dec. 1

1938
Bid

Ask

Bid

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Price*

Sale Prices

Sale Prices

Dec. 31

Ask

Ask Bid

BONDS

122,000
29,000
69,000
105,000

165",666
37",066
343,000
35,000

56,000 Abbott'* Dairy 6s
1942
2,538,000 Alabama Powsr 4H».....W67
499,000
1st Be ft 5s
1956
5s..
1968
963,000
1st 5s
1946
1,002,000
5s registered...
5,000
...1946
1st At tef 5s............1951
988,000
5s Registered.........1951
7,000
1948
455,000 Aluminium Ltd 5s
2,935,000 Amer Gas Be Blec deb 5s ..2028
5s called
2028
53,000

9834 102
8034 Sale
91X Sale
99

Sale
101

92

94

103% 104
8434 Sale
97

8034

Sale

96

8934 Sale
Sale

104

Sale

98

103

99

8634

8134
9634
88
Sale

79

Dec. 23
8434
9634 Dec. 28 97
8434 Dec. 23 8934
10234 Dec. 28 104 k
98

99

Dec.

6

102
65

Dec.
Dec.

Dec.
Dec.

89

9934 Dec. 21

106 X
Sale

10534 106
10834 Sale

Sale

106

10834 Sale

Jan.

10534 Dec.

6 10634 Dec.
1 10934 Dec.
Dec.
105"»aDec. 15 10634 Dec.

108

Jan.

17 104
Oct.
8
27 8634 Nov. 14
1
98
Nov. 14
1
9134 Oct. 29
27 10434 Dec. 15

9134 Mar. 16
78
1
Apr.

9134 Mar. 16

9934 Dec. 21
25
Feb. 25
80
10434 Sept. 17 10734 Apr. 22
1 10934 Aug. 23
106
Apr.
105»uDec. 15 10634 Nov. 21
80

107

Jan.

7634 Apr.
7034 Apr.

Feb.

American Power Be Light

317,000
85,000
18,000

3,487,000

10,000
75,000
404,000
245,000
24,000

422,000
1,724,000
3,923,000
2,807,000
131,000
1,000
2,619,000
17,000
898,000
30,000
2,684,000
205,000
2,057,000
7.000
676,000

2701666
1,000

206,000
15,000
228,000

5l",000

6s....
............2016
694,000 Amer Radiator deb 4 Hs. 1947
234,000 American Seating 6s stpd 1946

Appalachian Power 6s...2024
Ark Louisiana Gas 4s....1951
Arkansas Pr Ac Lt 5s.....1956

Associated Elec 414*.....1953

Blec 414*
1948
414* registered........1948

Assoc Gas Ar

1968

AS

5s

110

—..1938

Ctfs

99 X 100
92
Sale
36
Sale
27
29

29 X

Sale

9
86
Dec. 15
8034 Dec.
8534 Sale
Sale
10434 10634 10334 Dec. 27 10534 Dec.
1
Sale
3 100
Dec.
Dec. ' 3
10034 100
10034 100

5834 Mar. 31
10334 Dep. 27

117%
10334
10134
4534
2934

Dec. 12 11934 Dec. 14
11934 118
11834 118
5
10234 Dec. 12 10334 Dec.
10234 Sale
104
10034 Dec. 27 101 k Dec. 31
10134 Sale
Sale
47
Sale
1
4234 Dec. 28 4734 Dec.
Sale
6
31
Dec. 30
2834 Dec.
3134 33
Sale

10734 Feb.
9634 Apr.

8234

32

Sale

3334

2934 Dec. 23
3
30
Dec.

Sale

3334 Dec.
30

Dec.

62"" "64"

—...1949
1977

28
34

Cony deb 5s..........1950

IHs series C

514s

31

Sale
37
Sale

41X
3134

Sale

72

Sale

76

Sale

30

Sale

4434 Sale
3334 Sale

33

...1955

23,000
23,000
3,000
2,000

464,000 Atlanta Gas Llgbt 414s..1955
1,558,000 Atlantic City Elec 3lis.. 1964

872,000
171,000

4,835,000 ♦Convertible 6s........1950
1955
1,408,000 Bell Tel of Canada 5s
1st M 5s ser B June 1 1957
721,000
5s series C
1960
344,000

9134 Oct. 20
10§
Sept. 6

3 102

Nov. 16

11934 Nov. 17
Nov.

104

Jan.
Mar.

9

10134 Dec. 31
5134 Nov. 10

2034 Mar.
2634 Jan.

Nov.

35

2634 Jan.
3634 Oct.

Mar.
Mar.
Jan.

9
19

17

Nov. 10

36
100
100

Oct.

11

Oct.

11

Nov. 10

23
Apr.
2134 Mar.

92 X

05

10234 103
10334 Sale
87

93

83

40,000 Avery (B F) Sons 5s w W..1947
5s ex-warr
..1947
9,000

85

73
7334 75
10234
10334
10434 10434 10334
a91
9134
93
---

86

85

88

Dec.

14

76

Dec. 23 10334 Dec.
1 10434 Dec.
Dec.
Dec.
Dec.

8 a91

Jan. 13
Dec. 22

9234

9634
8934
8234

Dec.

85

Dec.

6

Aug.

62

Dec.

Nov. 14

2634 Apr.

44

1950

5s registered

Assoc Tel Ac Tel 514* A

86
30

Jan.

6434 Jan.
2034 Mar.

Dec.
4434 Dec.
3334 Dec.

2734 Dec.
3934 Dec.
2934 Dec.

Sale

33

79

21
26
62

1938

514* Im ctfs reg

.

111 X

105 X
100

....1968

registered

SHi Ins

77 X Sale
10534 10634
79
Sale

Oct.

Apr.
Feb.
Apr.
Oct.
Oct.

103

Ps

17

8

10434 Dec. 22
9

95

Mar.

85

Nov. 10

Baldwin Locomotive Works—

61,000
40,000
44,000

78,000
58,000
9,000

61,000
77,000
321,000
26,000
125,000
41,000
70,000
19,000
62,000
102,000
892,000
285,000
493,000
330,000

53,000
40,000
29,000
121,000
32,000
5,000

26,000

1,1971666
4,000

231,000
2,000
117,000
141,000
71,000
1,053,000
296,000

134,000
87,000
1,000
4,000
12,000

67

Sale

112 $£

Sale

120
121
129
79

Sale

Rale
130

196,000
1,080,000
510,000
252,000

Bethlehem Steel 6s— ....1998

816,000
1,299,000
2,522,000
324,000
2,962,000
620,000
1,362,000
437,000
364,000
652,000
5,245,000
2,355,000
4,404,000
2,176,000

Canada Nor Power 5s....1953

103 X

Canadian Pacific Ry 6s.. 1942

106 X 107

Birmingham Blec 414*...1968
Birmingham Gas 5s
1959
Broad River Power 5s A—1954

Carolina Pr Ac Lt Ss.—.1956
Cedar Rap Mfg

Ac Pow 5s. 1953

5s Series G

1V68

414s series H

1081

88

Cent Ohio Lt Ac Pr 5s A..1950

91
66

......-.1956

Central Power 5s ser D.. 1957
Central Pow Ac Lt 5s..—.1956

1948

Cent States Blec 5s

1954

514s

Cent States Pr At Lt 514s. 1953

414s series A..........1956
Chicago Junction Rys Ac
Union Stock Yards 5s. 1940
405,000
1,209,000 t*Chic Rys 5s ctfs of dep.*27

274,000

_

Cincinnati Street Ry

514*1952
....1955

6s series B

1966
398,000 Cities Service 5s..
5a registered
1966
1,000
Conv deb 5s
1950
14,581,000
5s registered
1950
7,000
5s
1958
2,370.000
5s registered......
1958
6,000
5s
1969
212,000
2,366,000 Cities Service Gas 514s..1942

764,000 Cities

Serv Gas Pipe L 6*_1943

6,316,000 Cities Service P At L 514S.1952
514* gold deb
-.1949
2,328.000

1,505,000
842,000
31,000
143,000
149,000

114
99
98

5s series E

Community Pow At Lt 5S.1957
Community Pub Serv 5s A1960
Conn Ltg Ac Pow 7s A....1951
Consol Gas of Bait 5s....1939

1954

414 *

57 h
85

115
Sale
Sale
99
90
93

70
Sale

SOX
40
3734
3934 Sale
4434 Sale

10534 10634
91 %

9234

10634 10634
4434
47
85
89 X

90

90

9534 Dec. 10 11634
10934 Dec. 16 11034
120
Dec. 22 12234
12134 Dec. 14 125

Dec. 29
5
Dec.
1
Dec.
Dec. 28

57
Mar. 31 11634
10934 Dec. 16 11434
11734 Apr.
1 123
118
Sept. 26 125

141

Dec.

Dec. 30

129

8234 Dec. 28

8734 Dec.

1

70
85

74

1

70
55
71

Dec.

Sale

10434 Sale
9834

9934

104

7

4134 Sale
7234
75
7234
75

62

Sale

7134

Sale

73

^

67

Sale"

69

Sale

71

Dec.
Dec.

5934 Sale
9434
9534

7634 Sale
7734 Sale

31
31
31

31
1

7

10134 Mar.
100
Sept.

Nov. 14
Aug. 25
10034 Dec. 31
41

Jan.

14

41

Jan.

12

5734 July 19

84

9934 Nov. 16

Apr.

10134 Apr. 14 10634 Jan.
40
Oct. 28 52 X Jan.

71.34 Dec. 29

4334 Mar.
5734 Mar.
4234 Mar.
60
Sept.
43

4

87

5
15

Jan.

7

9134 Feb.

7

75
68

7134
6634
7134
6834
7134
10234
10334

Mar.

Nov. 15

17
28
25
Nov. 16
Dec. 28
Oct.

Oct.
Oct.

Nov. 12

Dec.

16
Dec. 12

8634 Apr.
9134 Mar.

Dec. 28
Dec. 29

40

Mar.

79

40

Mar..

7934 Dec. 29

10634 108

,12034 125

124

Sale

125

10334 Sale

11034

Sale

10934 11034 10934 Dec. 14 11034 Dec.

124

Nov. 17

94

47 X Mar.
68
Oct.

Dec. 28 76
1 101
Dec.
Dec. 19 129
8 10234
Dec.
Dec.
1 12534

9
18

1043& Dec. 27 10734 May 18

Dec. 31

71

10

Nov.

103

73

k

22

Oct.

103

Oct.

70

Oct.

Mar.

70

Dec. 13
1 102
Dec.
2 10334
Dec.
Dec. 12 79
Dec. 12
7934

90

Apr.

Dec. 12

Dec. 12
Dec. 28

Dec. 30

Apr.
6634 Jan.
7934 Mar.
2334 Mar.
2334 Sept.
3234 Mar.

92
85
88

73

29
7034 Dec. 31
6834 Dec. 28
7034 Dec. 30

Dec. 28

10834 Jan.

Sept.
8534 Apr.
94 X Mar.

Dec. 29

Dec.

Nov. 22

Nov. 22

105

Mar.

Oct.

29 r70

Dec. 29
18

Jaii.

9834 Nov. 12
11534 May 20
10334 Nov. 18
105
July 26
10334 July 15

73
Ill

68

76
Sale
7334
10034 10034 10034
10034 Sale
129
12834 13034 12934 133
10334 10234
10234 10334 102
127

1

7

10
7

Mar. 31

6

Sale

128

19

90

4

Dec.

75

127

16

Jan.

73

6534
6834
6534
10134
10234

'

101*»3a Sale
102«32 Sale

12

4

Dec. 24

Dec.

7034 Sale

9434 Sale
10134
5234 Sale
5234 Sale

1

2 10434 Dec. 14
1
46
Dec.
5

r70

Sale

3

Apr.

6534 Dec. 10

" Sale

7034

9934 Dec.

13

June 17 145

6934 Dec. 13

Sale

100

8534 Dec. 14

Dec. 28104
Dec.
Dec. 21 103 X Dec.
Dec. 28
98
Dec.
Dec.
Dec.
7 115
1 1038« Dec.
Dec.
2 103*32 Dec.
Dec.
6 10234 Dec.
Dec.
1 10234 Dec.
Dec.
Dec. 22 10234 Dec.
Dec. 23
8634 Dec.
Dec. 13 10034 Dec.
Dec. 10 3534 Dec.
Dec.
3434 Dec.
Dec.
34 Dec.

9734 Dec. 21

9834

10434 104

6834
70
10134 Sale
10234 103
7334 Sale
74 34 Sale

Dec.

10434 10436 Dec. 27 10434 Dec.

98

10434 104
41
4334 Sale
69
6934
75
68
80
7234

104

2 145

Dec. 21

10234 10334 103
Sale
102
103
10234 101
95
Sale
96 34 Sale
98
114
115
11434 11534 114
103
10334 10234
10234 Sale
10334 10334
10334 10334 103
10234 10234 102 34102 "»j 10234
10234 Sale
10234102»»2 10234
101
10134 10134
10134 Sale
Sale
83
85
8334 Sale
Sale
98
10034 Sale
Sale
31
2934
3534 Sale
3434 Sale
3134 Sale
2834
53
5234
5334 5734 Sale
10334

9634 Sale

Cent 111 Pub Serv 414* F.1967

Chicago Dlst El Generating
414* series A._
.1970
521,000
Chicago 111 Midland Ry—

137,000
123,000

82

81

Sale
98
11534 Sale
Sale
110
11034 Sale
Sale
121
12234 Sale
12534
12434 124
12234
141
142
14434 Sale
8434 Sale
8734 Sale
Sale
69
74
7134
85
8234
8534
8634

Mar. 30 79
9434 Jan.
4 10134
12534 Apr.
4 129
10234 Dec.
8 10634
12034 Feb.
7 12534

Dec.
Dec.
Dec.

52

Dec.
Dec.

July

11

Nov.
1
Dec. 28

Oct. 28
Oct. 26
July 20
Jan.
4

Dec. 21

Consol G B L At P Bait

43,000

906,000

...1971

314s series N

1

10334 Jan.

3 11034 Nov. 16

Consol Gas Utilities—

65,000
427,000
34,000
34,000
170,000

6s A stamped..........1943
764,000
5,548,000 Continental G At El 5s ...1958
197,000 Cuban Telephone 714*—1941
1944
253,000 Cuban Tobacco 5s..
1,718,000 Cudahy Packing Co 334s.1955

45,000
32,000
183,000
141,000
90,000
44,000

62

Sale

924.000 Delaware Blec Pow 514*..1969

977,000
48,000

344,000
15,000
1,000
221,000

78
97
50

Sale

10134
5434

-----

4,860,000
967,000
4,568,000
233,000
191,000
1,235,000

♦Ctfs of deposit.........

♦25-yr

s

1952

f deb 7s

♦Ctfs of deposit

Eastern Gas At Fuel 4s A. 1956
Edison Blec Ilium

314s... 1965

4

5

134
34

134
134

6734 Sale
10734 10734

2030

68

Elmlra Wat Lt At RR 5s.. 1956

1952

104
101
84

1953
1967

10334 Sale

Elec Pow Ac Lt 5s
El Paso Elec 5s A

...1950

Empire Dlst Blec 5s

82 34
60

9234

10034 Sale
1949 10834
285,000 Denver Gas Ac Elec 5s
434
6
681,000 ♦Detroit Int Bdge 614*..1952

429,000
291,000
235,000

60
100

Sale
Sale
Sale
87

6134
Sale
Sale

6534
Sale

6034
8034
9634
62

86

61

8134
99
6434
Sale

5834 Dec. 12
7834 Dec. 28
96
63

Dec.
Dec.

6034 Dec.
8234 Dec.

13 10034 Dec.
13
6534 Dec.

9034 Dec. 17

96

10334 Dec. 14 105
10634 10634 10634 10634 10634 Dec. 15 10634
7
5
Sale
5
Dec.
1
734
734
7
1
734
434 Dec.
734
434 Sale
1
1
34
1
34 Sale
34 Dec.
1
2
34
1
34
1
34 Dec.
105

Sale

104

105

Dec.

Dec.

Dec.
Dec.
Dec.
Dec.
Dec.

5334 Sept. 28 6534
6334 Mar. 31 86
10034
8734 Apr.
47
Mar. 30 7234
9034 Dec. 17

9734
10634
234
234
34
34

99

Mar. 31 105
Dec. 15 110
734
Oct.
3
734
Sept. 21
Oct.
7
134
Oct.
134

Jan.

12

Nov. 14

Dec.
1
July 27
Sept. 2
Dec.
May
Dec.
Dec.

1
7
6
6

May. 4
Apr. 29

6534 Dec.
Dec.
2 11134 Dec.
Dec.
Dec. 14 75
8 10934 Dec.
10834 Dec.
10434 Dec. 10 10434 Dec.
Dec.
9834 Dec. 28 100

5534 Dec. 13 8134 May 11
106
Apr.
9 11134 Dec. 21
Nov. 10
5334 Mar. 31 80

50
Dec. 28
5034
5134 Dec.
5534
10734 Sale
10734 Dec. 15 10834 Dec.

38
Nov. 14
Sept. 28 57
10234 Apr.
" 10834 Nov. 9

6134
6334 Sale
11034 11034
74 X
75
Sale
109
10934 Sale
10434 10434 10434
100
9934 Sale

110

Sale
112
Sale
Sale

Sale

5534 Dec. 13

110
70

8 10934 Nov. 23
Oct. 18
98
Mar. 31 105
8334 Mar. 30 10034 Oct. 23
9734 Apr.

Ercole Marelll Blec Mfg

13,000
10,000

614*
115,000
537,000 Erie LlghtlngSs...

92,000

725,000 Federal Water Serv 514S.1954

20,000
29,000

2551666
733,000

270,000
863,000
21,000
1,071,000
4,835,000

Finland Residential Mtge
6s stamped............1961

Firestone Cotton Mills 5s.l948
First Bohemian Glass 7s. 1957
Florida Power Co 4s C

55

65

6734 Sale
10234
10434 10534
94
100

80

Sale

8434

Sale

80

Dec.

1

85

"8534 Sale"

7 103
10234 10334 102 34Dec.
10134 Sale
10134 Sale
10134 Dec. 27 102
5034
5034
90
Sale
9034 Sale
9034
8734 Dec.
9534 Sale
9534 Sale
9534
9134 Dec.

83
8434
10334 Sale

9734 Sale
10434 Sale

1966

Florida Power At Lt 6k...1954

5034
58
10734 108

103

105

Dec. 29
Dec.
Dec.

—-

Dec.
Dec.

58

Feb. 29

85

Dec. 29

Feb.
Sept. 27 105
10134 July 21 10534 Jan.
Jan.
52
Sept. 16 95
76
Apr.
1 9034 Nov.
74
Mar. 31 9534 Oct.
98

21

4
21
12

24

Gary Elec At Gas—

59,000
146.000

903,000
5s est stamped ........1944
1,926.000 Gatlneau Power 5s__....1956
2 !000

"81666
17,000
92,000
3,000

5s registered
1956
81,000 Gen Bronze conv deb 6S.1940
136,000 G©n Pub SerT Co 5s.-...1953
1,136,000 G©n P°b Utilities 634s A..1956
36.000 *Gen Rayon Ltd 6s A....1948

For footnotes




see page

53.

73
87

70

75
90
72

72

7634

8334
85
9734 Sale
8234 Sale
73
77

9534 Sale
10434 Sale
90
97

8134
73

9434 Dec. 29 9734 Dec.
10334 Dec. 10 10434 Dec.
Dec.
Dec.

95

85

Dec.

2

90

98

97
80

Dec. 15

98

Dec. 28

8334 Dec.

75

Dec.

75

82
77

2

Dec.

78

Apr.
9934 Sept.
102
63

Mar.
Apr.

7534 Apr.
62
Mar.
7234 Sept.

9834 Nov. 18
10434 Dec. 27
102

Mar. 25

90
98

Dec. 30
Dec. 12

8534 Oct. 31
77
Apr. 26

NEW

JAN., 1939]

In
December

62,000

211,000
7,000

NEW YORK
CURB EXCHANGE

12 Months

Price
Jan. 3

1938

BONDS {Continued)

nnn

Ask Bid
86
85
Sale
98
Sale
97
63 2* Sale
60 H

Bid

Ask

Bid

6^8,000 Gen Wat Wki & El 5$ A..1943
5.629,000 Georgia Power ref 5«
1967
578,000 Georgia Pow A Lt 5a
.1978

74H

25,000 ♦GesfuerelOa-.... ......1953

312*

k

1,524,000

Glen Alden Coal 4e......l965

31,000
13,000
14,000
15,000

126,000
468,000
84.000
102,000
207,000

Gobel (Adolf) deb 4H« ..1941
Grand Trunk Weat Ry 4a 1950

35.000

388,000

136,000
5,000
12,000
82,000
8,000
115,000
49,000

882,000
23,000
142,000
298,000
236,000
740,000

Great North Pow 5a stpd 1950

762*
Sale

87
60

65'

66 H

25

1945

59

74

53

14,000

24",660
20,000
21,000
103,000
64,000
79,000

16,000
20,000
31,000
70,000
400,000
160.000

'Hamburg Elec Co 7s

1935
'Hamburg E A Und RySH«'38
HeUer (W El A Co 4a ww. 1946
HouatGulf
6a

Gas 6 Ha x w.1943
1943

485,000 Houaton Lt A Pr 3H* ...1966
9,000 'Hungarlan-Ital Bk 7
Ha. 1963
266,000 Hygrade Food 6s aer A ..1949
66.000
6s aeries B
.....1949

25",006
7,000
53,000
150,000
400,000
325,000
38,000
12,000
84,000

Hall Printing 6s A stpd..1947

185,000
1,013,000

1957

Illinois Nor Utll 5a

1,248,000^

Illinois Pow A L

5Ha.... 1957
1954

5Hs series "B"

2,604,000
6a aeries A
3,633,000
5a series G
355,000 Indiana Elec Corp 6t A..
114,000
6Ha aeries B_.
704,000
5s aeries C............
107,000 Indiana Gen Service 5s..

1953

156,000 Indiana Hydro-Elec 5a A168,000 Indiana A Mich El 5a....
259,000
1st A ref 5a..
1,128,000 Indiana Service 5a.......
696,000
lat Hen A ref 5s

1958

........

—

.......

...

1956

45

38

36
76 H
22 H

100 H

Sale
30

882* Dec. 19

282* Dec. 16

17
Dec. 14
Dec.
2

Dec. 14
60
Dec.
5
892* Dec.
8

71
56

Sale

972* 100
1022* 103 2*

65

1951
1948

Sale

i08H

1957
1955

1950
1963

93 H
Sale

1112*
106 H 1072*
53
56 2*

55

(nt Pow Sec 6

7a

series

Ha series C.1955

E ...........1957

7a series P.

....1952

335,000 International Salt 5s....1951
4,726.000 Interstate Power 5a
..1957

1,832,000

Debenture

1952

6s

40

95

962*

102
Sale

100

101

59

102

30
Sale

65

8

64
63

30
Sale

61

64

61

1052* 1062* 1052*
Sale
87
852*
97
992* Sale
102 2* Sale
1012*
97
Sale
962* Sale
932*
Sale
97
100
992* Sale
100
101H
992* 1002* 100
Sale
872*
882* 86
842*

110
106

572*

59
60

58
65
64

60

262*
252*
962*
100
1022*
1082*

30

1032* Sale
1082* 1082* 1092* Sale
103

68

44

321,000
201,000
199,000

262*
222*

56

Sale

55

312,000 'Indianapolis Gat 5a A.. 1952

40

87

83

80

Dec.

Dec.

Dec.
Dec.

98
64

60

74

46

Dec.

1,358,000 Italian Superpower 6a

63.000
40,000
155,000

2,727,000

5a aeries D

........1956

4Ha series F
..1958
Iowa-Nebraska LAP 5a..1957

272* Dec. 10

Dec.

Dec.

6

Dec.

9 1022* Dec.
Dec. 29 1032* Dec.

14
8

Dec.

7 1092* Dec. 29

Dec. 28
Dec. 28

99

Dec.

64
63

5a Series B

...1961

Iowa Pow A Lt 4Ha A...1958

Iowa Pub Serv 5a........1957
Isarco Hydro-El 7a
..1952

38.000 Isotta Fraschlnl 7s

...1942

1963

658,000 JacksonvllleGas 5s stmpdl942
874,000 Jersey Cent P A L 5s B...1947
4Ha series C
1961

325,000
109,000
435,000
836,000
969,000
222,000

24,000
23,000
18,000
138,000
228,000
28,000
18,000

237.000

Kansas El Pow 3H«
Kansas Gaa A Elec 6a

1966
202J

Kansas* Power 5s A......1947

Kentucky Utilities 5s....1969

97
96 H

3
Dec. 23 1062* Dec.
3
Dec.
Dec. 28 89
1
Dec. 22
992* Dec.
1
Dec. 14 1022* Dec.
1
Dec. 21 972* Dec.
8
Dec. 15 1002* Dec.
Dec. 14 1002* Dec. 14
6
Dec. 28 882* Dec.
5
5

Sale
Sale
58
Sale

106
1062* 107
562* Sale
552*
55
552* 552*
762* Sale
672*

Sale
65
Sale

Sale
Sale
Sale

95
Sale
106]
102H 103

80
45

36H
37 H
104H 105H
103
1032*
98

86

49
49
49

86

Dec. 24

Dec.

1

1062* Dec. 13

84

522* Dec. 30

54
53
57

Dec. 22
Dec. 24
1
Dec.

59

50
55

582* Dec.
572* Dec.

.

56
60
6 108
1072* Dec.
54M Dec. 21 582*
37
Dec. 27 41

1072* 108
582* Sale
40
Sale

Dec.
Dec.
Dec.
Dec.

75H Sale

1961

75

95
87

802* Dec. 21

822*
762*

75

Dec. 21

77
97
90

1
9

Dec.

1
1
1

Dec.

1

832* Dec.

6

79

6

Dec.

98
Dec. 23 101
3
Dec.
1002* Sale
1 1002* Dec. 20
Sale
100
1002*
992* Dec.
108
104
Dec. 27 1062* Dec.
2
1052* 106
Sale
Sale
6
105
103
Dec. 14 105
Dec.
58
8
61
49
51
Dec. 28
57
Dec.
88
80
98
80
Dec.
9
9 80
Dec.
7
462* 412* Sale
Dec.
412* Dec. 31 47
Sale

40
40
Dec.
402* 412* 39
422* Dec. 14
1052* 1042* Dec. 12 1052* Dec. 29
1052* Sale 105
1042* Dec. 12 1052* Dec. 31
1052* Sale 1052* Sale

1022* Dec.
1192* 1202* 1192* 1202* 1192* Dec.
1022* Sale 1022* 1032* 1022*.-Dec.
Sale
90
87
Sale
862* Dec.
Sale
91
88 4
Sale
872* Dec.
Dec.
102
Sale
1012* 1022* 101
93
Dec.
93
Sale
932*
922*

Sale

100

w*
76

6

7
Dec. 13

Dec. 27
Dec. 22

102 J* 1032* 1032* 105

99

1142* Sale

6Ha series D..........1948
SHa aeries P
1955

5a

58

62
78
Sale

58

72
43

78

1002*
992*
1062*
1042*

31

Dec. 27

872* Dec.

822*

662*

96

7

29

Dec. 22
3
Dec.

1092* 1102* 1082* Dec. 14 1102* Dec.

41

Sale

693
63]

3

Dec. 27

Interstate Public SerrIce

751,000
992,000
889,000
253,000
219,000
882,000
205,000

58,000
154,000
113,000
48,000
10,000
92,000
16,000
4,000
56.000

2
3
2

Sale
Sale

108
Sale
582* Sale

107H 109
432* Sale
25 H Sale

Dec. 27

1
6

992* Dec. 23 1002* Dec. 12

Sale

992* Sale
1022* Sale

Sale

88
72 H

1953

100

41

43

106 H 108
87 H
89

106 % 1j8
79
83
90
Sale
96
84 2*

Sale

412*

"97"

8
62 H
62

25
Sale

1947

Sale

25
96

84

17

Highest
Sale Prices

282* Dec. 16

25

32

62
62

Lowest
Sale Prices

1
Dec. 21
Dec. 28

94

Guardian Investor* Corp—

5a series A............1948

Highest

56
60
56
62
88
Sale
88
89 H Sale
1082* 112
108H 109H 1082* Dec. 28 1082* Dec.
50
Dec. 28
52 H
54
Dec.
532*
552* 492*
48
53
52
Dec.
2
53
Dec.
50
53

Sale

107H Sale

Guantanamo & W Ry to.1958

Grocery Store Prod 6a

72

85

Sale

YEAR 1938

Sale Prices

Sale Prices

87 H
Sale

RANGE FOR

I

Lowest

Ask

262*

722* Sale

68
Sale

57
90

Dec. 31

Dec. 1

1938

*

$

474,000
84,000
2,000

PRICES IN DECEMBER

SALES

AGGREGATE

51

EXCHANGE

CURB

YORK

1032* Dec. 24
12 1202* Dec. 13
13 1032* Dec. 10
3
90
Dec. 31
10
91
Dec. 31
28 1032* Dec.
9
932* Dec. 15

652* Apr.
78

7

Mar. 31

492* June
1
282* Dec. 16

882* Dec. 19
982* Nov. 19
68

Jan.

332* Feb.

10

7

Feb.. 8 75
July 14
July 18
Apr. 27 66
812* June 22 932* Mar. 8
107
Jan.
4 1082* Dec.
2
65
Jan.
5
47
Oct. 31
62
53

51

June 17

59

Feb.

14

29

Mar. 29

502* Oct.

17

1002* Dec. 12
342* May 19

762* Jan.
26 2* Dec.
20
Sept.

30
99

832* Feb.
96
Apr.
97 H Feb.
103
Apr.
122* May
43

43

3
4
1042* Oct.
1092* Dec. 29
15

Mar.
Mar.

Apr.

852* Apr.
Mar.

79

Mar.
Apr.
Apr.
1052* Sept.
75
Mar.
1082* Dec.
1042* Apr.
45 H Mar.
84
64

Feb.

912*
1002*
102 2*
972*
1002*
101H

Mar.

79

Nov. 14

90

Nov. 22
Dec.
1
Nov. 21

Dec.
Nov.
Nov.

3

1112* Jan.
1072* Jan.
632* May
May

20

Dec.

13

89

Mar.

84

652* Nov.
672* Nov.

Sept. 26
462* Sept. 26
452* Sept. 28
Jan.

Mar.

90

Mar.

91

June

Oct.

4
17
19
28

23

85

Feb.

53

July 27
July 14
Jan. 18
.Oct. 22

Mar.
Mar.

1032* Nov. 16
1202* Dec. 13
1032* Dec. 10
90
Dec. 31

Mar.

Mar.

91
Dec. 31
1032* Dec.
9
932* Nov. 21

842* Apr.
78

Oct.
Oct.

Aug. 13
1052* Nov. 9
632* Nov. 14

952* Apr.
65
65

Nov.

7 50
8 106
2 106

Feb.

Apr.
982* Apr.
97

1
602* Nov. 10
Nov. 14

108

1052* Mar.
Jan.
98]
40
Sept.
76
Sept.
36
Sept.

112

9
9

Nov. 14

46

85 H
802*
1022*
1012*

572* Mar.

32
100

65

14
10
11

18 1092* Nov.

Mar. 29

182* Mar. 30
64

2

1092* Mar. 10

40

35

8

Nov. 22

492* Jan.

107

3

110

68

43

June 20

July 22
672* Aug. 10

68

1052* Dec.

76

Nov. 12
Dec.
6

103 2* Aug.

Mar.

Lake Superior Diat Power—

513,000
3Hs series A..........1966
2,427,000 Lehigh Pow Secur 6a....2026

38,000
292,000
4,000

27,000
656,000
755,000
406,000
2,244,000

72,000
22,000
63,000
169.000

'Leonard Tlets Inc

7Ha-1946

Lexington Utll 5a.

1952

Llbby McNeill A Llbby 5a 1942

Long Island Ltg 6s......1945
Louisiana Pow A Lt 5s
1957

'Mansfield Mining A Smelt—
8,000
7s Ex-warrants. ......1941
155,000 Marlon Reserve Pow 4H* 3952
97,000 McCord Rad A Mfg 6s
1943

3,000
35,000
9,000

Memphis Comm'l Appeal—
43,000
Debenture 4H*
1956
1,880,000 Memphis PAL 5seer A..1948
340,000 Men gel Co 4Hs
1947
495,000 Met Edison 4s series E...1971
618,000
4a series G............1965

93

1002* Sale
1052* Sale

Sale
Sale

102

23H
95

29
Sale

102H Sale
94
962*
104

Sale

952*

972*

78

83

231,000

1,302.000
2,046,000
992,000
793,000
5,000
1,303,000
560,000

139,000
241,000
148,000
89,000

205",066
73,000
56,000
31,000

Middle Sta Petrol 6 Hs A. 1945

254,000 Midland Valley RR 5a

r

739,000

1943

Milwaukee G L 4Ha
Minn Pow A Lt4Hs
1st A ref 5a

1967
1978
1955

;

Mississippi Pow 5s......1955

Missouri Pub Serv 5s A..

1960

21,000

23,000
137,000
283,000

187,000 Nassau A Suffolk Ltg 5a. 1945
859,000 Nat Pow A Lt 6a* *A"
2026
Deb 5a series B
2030
2,621,000

42,000
37,000
85,000
45,000
140,000

509,000
174,000
740,000
256,000
1,540,000

15,000
175,000
133,000
374,000
135,000
201,000
55,000

148,000 New Amsterdam Gaa 5s..l948
2,258,000 New Eng G A Elec Aaan Ssl947
5s
1948
655,000
Conv deb 5a..........1950
2,774,000
1948
1,471,000 New Engl Pow Aaan 5a
Deb 5Ha
1954
1,821,000
493,000 New Eng Pow Co 3Ha A.1961

1'Nat Pub Serv 5a C O D.1978
Nebraska Power 6a......2022

4Hs..

1981
Nelsner Bros Realty 6a.. 1948
Novada Calif Elec 5a

New Orleans Pub

769,000
858.000
85,000
133,000
2,685,000
2,588,000
70,000

368,000

1956

28

Dec.

9

28

Dec.

1022* 1032* 102

Dec.

2 103

80

822*

60

942*

952*

942* 952*
922* Sale
89
892*

60

CO

97
Sale
902* 91H
1072* Sale
1082* 109
92
93
622* Sale

88

91

100

75
104

81
Sale
1

"75""

1

100

902* Sale
982* Sale
72 H
702*

3

Dec;

25

75

"§!"* "84"

Dec.

103

30

106

73

Dec. 22

75

Dec. 30
Dec.

13

Dec. 28
Dec. 12

Dec. 17
Dec.
7

9

17
Dec. 27

86
842*
1092* Sale
672* 72

932*

32* Sale
92
83

95
Sale

85
Dec.
9
2
972* Dec.
892* Dec. 21
912* Dec. 15
106J* Dec. 29 1082* Dec. 10

107

Sale
982* Sale
1032* Sale
812a Sale

992* Sale
992*
982*
992* Sale
1042* 1042* 1032*
83
Sale
792*

73H
75
442* Sale
1142* 118
1092* 112
93

90

712* Sale

1162* 1182*
56

57

56 H

Sale

57

Sale

-

782* Sale
81

Sale

5a stamped........... 1942
♦6s aeries A........... 1949
N Y Cent Elec 5Hs

902* Sale
67 H
70
99

'NYPaAORR 4H* stpdl950
N Y P A L Corp lat 4H*—1967
N Y State E A G 4Ha
1980

100

N Y A Westchester Ltg 5s *54

For footnotes see page 53.

38

32*

382*

2

74
972*
922*
36

1182* 1192* 1152*
1082* Sale 1072*
962*
98
100
782*
822* Sale
120
Sale
Sale

118

532* Sale
90 2* Sale

54

118
56
53

92

107

1950

4s

87

882*
89
912* Sale
Sale
1092*- Sale 108
732* Sale
73
742*
992* 100
99
Sale

32*

542*
r532*

Dec. 29 100
1 100
Dec.
5 1042*
Dec.
3
Dec.
842*

1012* Nov.

Apr.

107
30

Mar.
Apr.
Apr.
Mar

.

3

Dec. 30
Nov. 23

1002* Dec. 28
105

Apr. 27

100

31 107

242* Apr.

7

97
55

Jan.

1

Sept. 14
Feb. 26
Nov. 29

5 104

Apr.

282* June
9
July 25
83

Jan.

17

Dec.

14

2

22*

Dec. 22

Dec.

2

Dec. 27

101

83

100

872* Apr.

552*
Sale
Sale
s

1

Dec.

1

992* Dec. 16
932* Dec. 30

8

38

5

Dec. 14 1182* Dec.
2
Dec. 15
Dec. 28 109
Dec. 30 1002* Dec. 28
Dec.
2
Dec. 27 83
Dec. 19
Dec. 15

Dec. 15
Dec. 15

912* Dec.
Dec.

Dec. 31
1
932* Dec. 28
2 1082* Dec. 31

992* Dec.
842* Dec.

1 1002* Dec. 30
1
922* Dec. 31

107

612* Mar.
782* July
70

Dec. 23

Dec.

Apr.

Mar.

1072* Aug.
54
Apr.
86
Apr.

22* Dec. 21

Dec.
6 119
53
Dec. 28
57
52
Dec. 28
562*
522* Dec. 28 562s
892* Dec. 23 912*

June
9
93
Jan. 25
1 1082* Dec. 10
Apr.
1012* Mar. 31 1092* Oct. 17
752* Jan.
4 95
Apr.
1
50
Apr.
1 642* Aug. 17

882* Jan.

Dec.

118

121

70
100

Dec. 30
Dec. 14

912* Dec.

80

Apr. 14 952* Aug. 23
Oct.
3
672* Feb. 19 100

Dec.
1
Dec. 17

Dec.
1072* Dec. 30 110
73
Dec.
7
752* Dec.
Dec.
982* Dec. 12 100

76
722*
97
992*
932*
902*
37
38
1162* 116
108
1072*
99
962*
742*
Sale

912* Sale
932* Sale
Sale
1072* 1082* Sale

Jan.

87

Dec.
7
1082* Sale
1082* Dec. 15 109
90
90
Dec. 21
932*
932* Dec. 23
2
Dec,
592*
612*
582* Dec. 22 63

732* Sale
972*
992*
902* Sale

93
84
25
84
101
76
100

12* June 24
15

Nov. 30

Nov.
Dec.
1042* Dec.
862* Nov.

782* July 25
92

Nov. 26

1102* Apr. 28
78
100

Nov. 14

July 22

52* Feb.

2

Jan.

4

95

622* Mar. 31
1
58H Apr.

992* Dec.
932* Dec.
19 442* Jan.
7 1202* Nov.
Apr.
1072* Dec. 28 1102* May
1 1002* Dec.
802* Apr.
69
1
85 2* Nov.
Apr.

35
Ill

18
17
30
19

Oct.

16
30
3

23

13
28

12

27 119
Dec. 19
Mar. 30 612* Oct. 29

115H Jan.
40

40
1
Apr.
392* Mar. 31

70
74

102

592* July

19

60
July 19
Mar. 31 912* Dec. 31
Mar. 31
932* Nov. 10
Feb.
1 1082* Dec. 31

Serv—

2004

142,000 Nippon Elec Pow 6 Hs... 1953
773,000 Nor Amer LAPSHa A...1956




992* Dec. 28 101
105

5s registered..........1955

Miss Power A Light 5s...1957
Miss River Power 5s
...1951

382.000 Montana Dakota Utll 5Ha '44
Munaon Steamship Line
526,000
♦6H« ctfs of dep w W..1937

92,000
167.000
3,000
30,000
198,000
331,000
1,000
14.000
2,000
127,000

102

100

100
1042*
Sale
Sale

25

23

-

201,000
19,000
38,000
31,000
20,000
27,000

992*
1032*.
892*
1062*

99

1062* Sale
28 2*

Dec. 20 107
Dec. 13
30
100
101
99
Dec. 20 1002*
1032* 1032* 1032* Dec. 27 104
90
92
89
Dec.
2
92
106
1062* 1052* Dec. 21 107

26

104

1072* Sale
922* Sale
1122*
104

1042?

992* Sale
842* Sale
1032* 104

1002* 102

Sale

80

80

922* Sale

mx 102 2* 102

18S
105

65

552*

77

94

76

1062* 1072* 1062*
Sale
962*
992* Sale
1122*
1122* 112 2*
105
1052* 105

1062* Sale

60

50

58

Sale

97

Sale

Dec. 15

1032* Dec.

5

80
Dec.
28 1072* Dec.
14 1062* Dec.

6

Dec. 20

Dec.
Dec.
Dec.
Dec.
56
Dec.
932* Dec.

1
2

29 1122* Dec . 29
13 1052* Dec.
3
16
56
Dec. 16
6
97
Dec. 31

86 H Feb.

Dec. 30
Dec. 31

93
45

Nov.

9

Feb.

1

9 1002*
Mar. 31
922*
June
1 1042*
9 84
May
105
7 1082*
Apr.
88
Apr. 14 102
1102* Nov. 2 114
8 1052*
103J* Jan.
45
3
Aug.
70
1
97
Apr.

Aug. 17
Nov. 25
Sept. 10
Apr.
1
Mar. 11
Dec. 31

52

NEW

AGGREGATE
In

December

Bid

(Continued)-

Nor Cont UtII 5*8 A._.. .1948
Nor Indiana G&E is... .1952

41*

99

Sale

58 series D

.1969

.1970

97
88

Sale

4*a E

308.000 Northwest Elec 6s atpd. .1945

768,000

37

107*"

Nor'west Pub Serv Si A- .1957

79,000
13,000
76,000

282,000 Pacific Coast Power 5s—1946
744,000 Pacific Gas & El 6s B
1941

92*
103* 105*
85*
89

73.000

791",000
134.000

Pacific foresting 5s A

8,000
4,000
192,000

"5,666
315,000
51,000
129,000

177,000

Without warrants

1942

Pacific Power & Light 5s. 1955

Palmer Corp of La

6s
1938
Bldg 3s—1964

Park Lexington

YEAR

1938

Ask Bid

48*
108*.
105*
105*
103*
105*
98*

Sale
109
Sale
Sale
Sale

Sale
Sale

Lowest

45
47*
107*
105* 106
105* 106*
104* Sale
104* 106*
97* Sale

107

Highest

Sale Prices

Ask

Sale Prices

45
Dec. 28
48*
Dec. 13 108*
104* Dec. 29 106
105
Dec.
105*
103
Dec. 10 104*
104* Dec. 10 105*
97* Dec. 22 99*

106

Lowest

Dec. 14
Dec.
2
Dec.
5
Dec.
Dec. 30

Dec.
Dec.

7

108
Dec. 15 108* Dec.
106* 108
108* 107
102* 102* 101* 102* 101* Dec. 23 102 732 Dec.

105* Sale
103* Sale
94* Sale
103
116

104*
116*

102

113*

Highest

Sale Prices
30
Mar. 31

105* Apr.

Sale Prices

55* Nov. 15
109* Aug. 16

Feb. 23 106* Nov.
93* Apr. 13 106* Nov.
86* Apr.
5 104* Dec.
102
Feb.
8 105* Sept.
93

80* Apr. 14

18
28

30

28

99* Dec.

7

103* Jan. 19 108* Nov. 30
Jan. 19
101* Dec. 23 107
102
Nov. 22 106* Jan. 15

105
5 106
Dec. 28
105* 104* Dec.
102* 102* 101* Dec. 29 103* Dec.
1
90* Sale
89* Dec. 20 95* Dec.
1

102
102
Dec.
2 102* Dec.
7
102* 101
Sale
113* 113* 113* Dec. 13 114* Dec. 17

96

83
69

Jan.

26 106
Dec. 28
Oct. 15
Apr.
2 106
Apr. 12 96* Oct. 28

100

Mar. 11 103* Aug. 15
113* Dec. 13 116* Feb.
3

1948

61,000 Pacific Ltg 8c Pow 5s

2,405,000
16,000
212,000
2,162,000
223,000
1,041.000

Bid

I

Dec. 31

Dec. 1
Ask

.1966

Nor Ind Pub Sarr

RANGE FOR

Price
Jan. 3

1938
BONDS

685,000
272,000
1,030,000
1.161,000
1,607,000

EXCHANGE

PRICES IN DECEMBER
NEW YORK
CURB EXCHANGE

441,000 Ogden Gil Co 5*
1945
713,000 Ohio Power 5s aeries B
1952
725.000
4*s series D
1956
2,622,000 Okla Nat Gas 4*a A
1951
1,367,000
Conr deb 5s
...1946
592,000 Okla Pow fk. Water 5s A.. 1948

65,000

CURB

SALES

12 Months
1938

%

70,000
44,000
62,000
61,000
204,000
17,000
163,000

YORK

Penn Cent Lt & Pow 4*8 1977

86*
89*
112* 115
61*
64
100* 101*
28
28*
83* Sale

1979

90

95

Penn Electric 4a aeries F.1971

86

Sale

94
89

99

5s

94

95

74

Dec. 28

94
Dec.
6
Dec. 29
78* Dec.
6

30

Dec. 23

31

92* Dec.
113* Dec.

92*
94
113* 115
76* Sale

8

79

77

Sale

28

32

94* Sale
100* Sale
96* Sale

30
92

97
97

32
Sale

3 113*

94

Apr.
Apr.

115

99

113* 114

Mar.
Feb.

101

28

Mar.

113
55

100
Sale

Dec.

13

89* Dec. 17 94* Dec.
97* Dec. 28 100* Dec.
95* Dec. 27
97* Dec.

1

Sept. 8
May 27
82* Oct. 24

74* Mar.

5

78

Mar.

2

76

Apr.

31

82
75

Apr.

34*
94*
100*
97*

Jan. 14
Jan. 19
Dec.
1
Dec.
5
Nov. 26

Penn-Ohlo Edison 6s....1950

44,000
55,000
52,000
44,000
16,000
29,000
117,000
58.000

148,000
24,000

500,000
749,000
286,000
166.000

314,000

Without warrants..

43,000
23,000

24,000

22*666

C.

1947

.......1954

5s series D

Penn Water 8c Pow 4*a..l968

719,000
5s
1940
1,094,000 Peoples Gas Lt 8c Coke 4a B'81
831,000

48 series D

92*
106* 107
102* 104

108* 108J
107* 109
87* Sale

—.......1961

1,338,000 Phila Elec Power 5*s
1972
141,000 Phlla Rapid Transit 6a..1962
Piedmont

36,000
28,000
49,000
4,000
101,000

....1959

5*s series B
Penn Pub Serv 6s

Hydro-Electric

6*s series A..........I960
126,000 Pittsburgh Coal 6a......1949
518,000 Pittsburgh Steel 6s......1948

89,000 ♦Pomeranla Elec Co 6a...1953
614,000 Portland Gaa 8c Coke 5a. 1940
aer

73 *

76*

99* 100* Sale
91
92
91*
107* 107* 106* Sale
104* 105* 105* 105*
.108
101*
104* Sale
104* 104*
91
Sale
91*
91*
94
95
93*
94*
U2H Sale
111* Sale
76
76
77
—

—

_

«.

—

97

Dec.

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
92
Dec.
110* Dec.
75* Dec.
89*
106*
104*
107*
104*
90*

14 100* Dec.

30

2
92* Dec.
Dec. 17
Dec. 17
108* Dec. 22
104* Dec. 30
1
91* Dec.
2
94* Dec.
1
112* Dec.
76
Dec. 10

29 108*
10 105*
2

21
15
13
21

5

12 101

Nov.

Mar. 31
96
June
Mar. 29 108* Dec.
93
Mar >31 105* Dec.
106* Apr.
Jan.
1 109
104* Dec. 21 108* May
99

1
28

17
17

10

13

78* Mar. 31
94*
82* Mar. 31 96*
110* Dec. 2l 113*
65
May
4 79

4
Oct. 17
Mar. 1
Feb. 11

40
Sept. 27 61
104* June
8 108
86
Aug. 17 100
18* Sept. 28 22
48
Jan. 27
69*

Feb. 26
Feb.
2
Jan. 11

Aug.

Co

640.000

517.000 Potomac Edison 5a
132,000
4*a aeries F

ill"" Sale"

98
91

E.1956

1961
191,000 Potrero Sugar 7s stampedl947
136,000 Power Corp of Can 4*a B 1959
89,000 'Prussian Elec 6a_.
1954
......

57

105

60
106

96* 100
20* 25
50

60

107

110

107* 110
56

59

99* 100*
21

30

54

58

106
99

100

20

23

50

51

107* 105

106

63* Sale

97*
18*
63*

50

Dec. 23

105* Dec.

99

96

23*
64*

63

19

55

Dec.
Dec.

2

99* Dec.
20* Dec.
65
Dec,

8

8 106

Dec. 20
Dec. 28
Dec. 21

107* 108
7 108
107* 108
107* Dec.
109
111
109
Dec.
6 109*
109* .109
Sale
41
41
39
Dec. 23
40*
44*
102
103 * 100* 102*
20
25
23
19*
21* Dec.
22*

8

8
2

Dec.

Apr. 21
July 22

105* Apr.
1 108* Sept. 8
Apr.
4 109* Dec. 22
23
65
Jan. 18
Sept. 27
98* June 28 104* Nov. 3
20* Jan. 31 22* May 11

Dec.

107

Dec.

Dec.

Pub Service Co of N J—

115,000

"5", 000

1,030,000

i% perpetual certificates..
282,000 Pub Serv of Nor 111 4*8 D 1978

42,000
89,000
184,000
56,000
85,000

353,000
4*s series E
1980
1,166,000
4*a aeries F—....—1981
730,000 Pub Serf of Okla 4a...... 1966
2,489,000 Puget Sound P 8c L 5*8.1949
5s aeries C
780,000
......1950
1,523,000
4*s aeries D
—1950

30.000

367,000 Queens Boro G 8c E 5*8.1952

22,000
1,000

91,000 ♦Ruhr Gas Co 6*s
1953
53,000 ♦Ruhr Housing 6*s A...1958

21,000
123,000

525,000 {♦St Louis Gaa 8c Coke 6a. *47
691,000 Safe Harbor Water Pr 4*s '79
592,000 San Ant Pub Serv 5s B—1958
11,000 San Joaquin L 8c P 6s B
1952

130

Sale

145* 146* rl48

Sale

146* Dec.

148* Dec. 22

103* Sale

103* 105
102* Sale
100* Sale
66* Sale
62

60*
84

26*
21*

67

Sale

85*
Sale

26*

12
10*
108* 109*
102* 103*
128*

59.000

98,000

77",666
13,000
18,000
23,000
27.000
241,000
121,000
47,000
121,000
30,000

6s
1937
104,000
198,000 ♦Schulte Real Estate 6s..1951
712,000 Scripps (E W) Co 5*8—1943

26

553,000 Scullln Steel Co 3s......1951
1948 107*
54,000 Serval Inc 5s
924.000 Shawlnigan W 8c P 4* a
1967 104
320.0001
4*8 aeries B...
1968 103*
392,000
4*s series D
-.1970 1103*
211,000 Sheridan Wyo Coal 6s
1947
59
320.000 Sou Carolina Power 5s._ 1957

2.761,000
2,173,000
740,000
1.402,000
576.000

Southeast P 8c L 6s

2025

Sou Calif Ed 3*a

May 11960
3* a series B
July 11960
Debentures 3*s
1945
1st 8c ref mtge 4a......1960

28

22* Sale
100

101

Sale
Sale

Sale
62

75

Dec. 28

64*

66

64

Dec. 28

75

Dec.

3

64

31

35

32

34* Dec.

2

25* Feb.

25

23

Dec. 22
Dec.
6

Dec.

6

21

77*

17* Sale
106

Sale

28

28

16*
17*
16* Dec. 28
17* Dec.,, 1
108* 109* 105* Dec.
1 108* Dec. 22
131

130*

25
32
22*
24* Dec. 20
31
28*
30*
7
29*
29* Dec.
101* 101* 101* 101* 100* Dec. 28
Sale
64
61
Dec.
2
63* Sale
107
107*
104* i05~~ 104
104* 103* Dec. 14
103* 104* 103* 104* 103* Dec. 12
Sale
104* 104* 104
103* Dec. 10

73

Sale

73

76*
84*

72

Dec.

10

25* Dec.
30* Dec.
101* Dec.
65

Dec.

104* Dec.
104* Dec.
104* Dec.
74
Dec.
84* Dec.
95
Dec.
109* Dec.
109* Dec.
105
Dec.
Ill* Dec.

73*
76*
94* Sale
104* Sale
104* Sale
106* Sale
108* 109

84*
83*
85*
94
Sale
94* Sale
108* Sale
108* Sale
108* 109*
108* Sale
Sale
105
104* Sale
111* 111* 110* 111*

9
82* Dec.
90* Dec. 14
9
107* Dec.

105)
56)
88)
94)
76)

105* 105* 104* 104*
47
Sale
43
45*
102* Sale
103* 103*
103* 103*
103* Sale
81
83*
81*
83
104
104* Sale
104*

104* Dec. 15 105* Dec.
44
Dec. 30
49
Dec.
1 103* Dec.
102* Dec.
1 103* Dec.
103* Dec.
5
80* Dec.
84* Dec.
104
Dec. 15 104* Dec.

108

104

Dec. 13
Dec. 29

110* Dec. 16

7
2
2

22

5
24
21

23
1

3

62,000

15,000
27,000

654.000

of California 4*8.._..1968

599,000
453,000
629,000
344,000
269.000

Southern Indiana Ry 4s. 1951
S'western Assoc Tel 5a A. 1961
Southwestern L 8c P 5a.. 1957
Southwestern P 8c L 6a

_

.2022

S'western Pub Serv 6s A. 1945

102

106*
57

92

95*
79*
105*

5

14
28
29

20
2

78

9*
105*
102*
128*

1

Mar. 24

71*
102*
102*
101*
106*

14

17

93* Jan.

14

35

Nov. 10

28* Aug. 31

18*
Apr.
Dec.
110*
Jan. 10 105*
Feb. 23 131*
30

24* July
21 * Jan.
96* Apr.
38* Apr.
106* Apr.
100
Sept.
100
Sept.
99
Sept.
53* Sept.
70

Oct.

77* Oct.

Jan.

Southern Counties Gaa

33,000
34,000
87,000

148* Dec. 22
105
July
8
104* May
5
105
July
9
8
107* Dec.
Oct. 17

53

33

♦Saxon Public Works—

38,000
7,000

130
Jan.
Sept.
101* Apr.
101
Sept.
98* Mar.
60* Mar.
59
Apr.

101

102%102 23J2 102* 103* 10217i2Dec. 21 1021782Dec. 21
102% Sale
1
102* 103 3i2 102* Dec. 16 102% Dec.
106
Dec. 12 107* Dec.
106* 108
106* Sale
8
76
76* Sale
75*
73* Dec. 28
78* Dec. 10
74
Sale
73
70* Dec. 28 74* Dec. 12
11* Sale
69
72* Sale
8
66* Dec. 28 73* Dec.

Oct.

Mar.

27

5

May 24
July
7
Nov. 12

31* July 29
•
Aug. 10

103

71

Nov.

9

107* Aug.
106* Nov.
106* Nov.

2

106

74

Mar.

2

3
Nov. 12
Dec. 22
Nov.

9

Mar.
Sept.
Sept.

86*
97*
109*
109*

Nov.
7
Dec. 21

Apr.
Apr.

107

Mar.

111* Dec.

Dec. 23
2

3

103* Apr. 21 106* Mar. 2
35* Apr. 23 56* Jan. 13
85
9 103* Dec. 28
Feb.
93
Apr.
8 104* Nov. 9
89
Nov.
2
55* Mar. 31
93
Mar. 31 105* Jan. 14

{♦Standard Gas 8c Elec—

327,000
202,000
372.000

23,000
115,000
16,000
■687,000
64,000
18,000
17,000

92,000

1,337,000
902,000

6s stamped
1948
68 cony stamped......1948

6s
1951
2,822,000
6s gold debs
........1957
95,000
6s
1966
1,630,000
1939
404,000 Standard Invest 5*s._
4.161,000 {Stand Power 8c Lt 6s.__1957
1,717,000 ♦Stai-rett Corp 5s........1950
Stlnnes (Hugo) Indus—
7s 2d stamped.........1940
183,000
7s 2d stamped
343,000
1946
301,000 Super Power of 111 4*8..1970
4*s
1968
400.000

1,637,000

fenn Elec Power 5a

1956

51*

Sale

6*8 series A
.....1953
497,000
3,512.000 Texas Elec Service 5s....1960
4,544,000 Texas Power 8c Lt 5s.....1956
6s
2022
155,000
582,000 Tide Water Power 5s A...1979
2,379,000 Twin City Rap Tr 5*a A.1952
Ulen 8c

116,000
20,000

Sale

60*
59*
59*

Sale
Sale

62*; 63

60

Sale

85*
62*
30*

60

Sale

32

33

Sale
Sale

62

Sale

62*
Sale

69

69*

482

Sale

22

Sale

42
39

Sale

105

Sale

78
58
98
103
94

63

88
Sale
31*

85*

59*
87

...1950
4s

1949

117,000
7,000

Without warrants....
350,000
58,000 ♦United Indus 6*a...
1941
♦1st 6s
..1945
67,000

78",000

79*
Sale
Sale

Dec. 15
Dec.
2

50

90* Sale
55

59*
98* Sale

97

101
89

Sale
Sale
Sale

56*

Sale

36*
113*

53 * Sale
116
117

56

60

24*

35

26

25

26

57*

89*

91*

51* Sale
98* Sale
103

Sale

99* 100
87*
51*

87* Dec.
49*
96*
102*
99*

87

87

50*

50

12

91* Dec.

1

46* Sept. 14
47
Sept. 26
37* Mar. 30
53* Oct.
6
36* Mar. 31
54
36

Apr.

5

Mar. 31

18* Mar. 30

63* Nov. 10
63* Nov. 12
64
63

40
Sept. 27 60)
36
Sept. 28 55)
103* Apr.
4 107)
103% Nov. 17 106)

65* Feb. 15

Nov. 10
Nov. 18

63* Nov. (10
86
Dec. 30
63* Nov. 28
37* Oct.
6

95

Nov? 9
Nov. 4

Aug. 17
Oct.

5

Oct.

17

35* Sept. 27 61* Nov. 14
82* Mar. 30 100* Jan. 11
94
Mar. 25 104* May
7
90* Mar. 22 101* Aug. 25
75* Apr.
5 89* Nov. 28
44
Mar. 29
65* July
2

Dec. 30 57* Dec.
Dec.
Dec. 20 99
5 103* Dec.
Dec.
Dec.
Dec. 29 101
Dec. 28
89* Dec.
Dec. 27
56* Dec.

r51

Sale

116* 117

"28*

66

69*

232,000 Utah Power 8c Light 4*sl944
6s series A
382.000
2022

81

82*

1,166,000 Virginia Pub Ser 5*8 A..1946

87

Sale

93* Sale

78

Sale

83

84

Sale

United Lt 8c Rys
6s aeries A

5*s

Deb 6s series A

6s.,.

.1946

73*

73*
Sale

78

76
73
106

49* Dec. 16 53* Dec.
8
116* Dec. 19 116* Dec. 29

Sale
Sale

51

57

50

25

61

1973

1975
1959

28

25* Dec. 22

28*

26

25

\\*

Sale
Sale

75
71

Sale

Sale

80* Sale
112* 112* 112*
71
72
73*
93*
94*
82
88
86*

Sale
Sale

91*

Sale

89

Sale

82

Sale

82

87* Sale

85

Sale

94

83

Dec. 27
Dec. 20
Dec.
7
Dec. 14

5s series B

.....

1950

87*

57* Dec.
26* Dec.
26

?SH

102* Dec. 28 106
76
Dec. 21
80*
2 113
112* Dec.
71
Dec. 31
72*
90* Dec. 22 93*
80
Dec. 27
86*
Dec. 28
Dec. 27

68 registered.'......... 1946

53.

2

60

103

84*
62* Sale

Dec. 30
14

7

Sale

80

3
2

Dec.

59

Dec.

2

62* Dec.

47* Dec. 28

Sale

1974

Deb 6s

5*s

see page

86

2
2

34

61

Sale




83* Dec. 15
57* Dec. 13
2
31* Dec.

49

76

For footnotes

10

48

105

622.000

10

60

1952

1,000

Dec.
Dec.

58

51

1952

232,000

59

61

Sale

1,446,000
783,000
232,000

10

50

ft*
8*

538.000 United Lt 8c Pow 6*s
512.000

Dec.

Dec.
Dec.
Dec.
Dec.
Dec.

Company—

6s 4th stamped
754,000
156,000 United Elec of N J

1,449,000

58

62*
63*
62*
52*
62*

103* 104*
103* 104*

United Elec Service 7s...1956

20,000
12,000
7.000
37,000
104,000
45,000
125,000
39,000
7,000
31,000
67,000

58* Dec. 13
58* Dec. 28

58
42

105

Terni Hydro-Electric Co—

30.000
347,000
372,000
19,000
67,000
178,000

60

62*
62*

85* Dec.

5

2
9

Dec. 20
Dec. 31
Dec. 30
Dec.
1
Dec.

1

Dec.

19

Dec.

Dec.
Dec.

Mar. 30

56

Oct.

24

42
24
23

Sept.

63

Feb.
Jan.

28
30

Nov. 12
Nov. 15
Nov.
5

82* July 22
80* July 21

57* Apr.
56
Mar.
94* Feb.
64* Feb.

107

Nov. 15

83* Oct.

17

Feb.

113

Dec.

19

6

53* Jan.

80

July

19

6

75
64

2

93* Dec.
6
83* Dec. 14

87* Dec.

30

112* Apr. 12 116* Dec. 29

6

96

Feb.
Feb.

94* Nov. 21
87* Nov. 28

75

Apr.

65

Apr. 12

1

95

Nov. 18

86* July 25
72* May 12
89* Nov. 23

In

December

new tore
curb exchange

12 Months
1938

Bid
1954

1,310,000
132,000
1,308,000

Wash Ry & klec 4s..
Wash Water Power 5s

44,000
79,000
11,000
882,000
27,000

1,153,000

13

Western Newspaper Union—
Coot deb 6s
1944

61,000
25,000
53,000

Ask

Ask Bid

Bid

31

Lowest

Highest

Lowest

Highest

Sale Prices

Ask

Sale Prices

Sale Prices

Sale Prices

Corp—

♦5s Income deb

156,000
7,000
54,000

1,000

Dec.

Dec. 1

1938

Waldorf Astoria

YEAR 1938

Price
Jan. 3

BONDS (Concluded)—

31,000
303,000

RANGE FOR

PRICES IN DECEMBER

SALES

AGGREGATE

53

new york curb exchange

Jan., 1939]

21%

106% Sale

108

1960

105% 106

105%

Sale

..2030
614,000 West Penn Elec 5s
333,000 West Penn Traction 5a..1960
Utll 5s a
1957
714,000 West United g 5c e s%s a 55
60,000 Wheeling Elec Co 5s
1941
512,000 Wis Minn Lt 5c Pow 5s... 1944
1966
1,692,000 Wisconsin p 5c l 4s a

Sale

104%
Sale

4,137,000 West Texas

1,387,000 Yadkin River Power
496,000 *♦ York Rys Co 5s
5 s stamped
297,000

15

1951

Sale

59%

21

Sale

Sale

19

108% 107% 110
105% 107
Sale
58

60%

105
Sale
110% 112
99% Sale
105
105%

104%
111

60

1937
1947

Sale

104
88

102

91
96

87

16

22% Dec.
1
6 108% Dec. 20
2 105% Dec. 16

56
104

Dec. 12
60%
105
■a Dec. 22 105%
6 111
112
110% Dec
Sale
98% Dec. 13 101%
7 105
105
104% Dec.
106
Dec. 12 106
107% 106% Dec. 16 107

101%
104%
106
106%
107
107% 106%
100% Sale
99% Sale

5s.. 1941

Dec.

107% Dec.
105% Dec.

99% Dec.

102% 102% Dec.

2
1

Dec.
Dec.

Dec. 19

Dec. 30
Dec.
5
Dec. 12
Dec.
6
1 100% Dec. 31

9 104

1

Dec.

Dec. 13
Dec. 14

90% Dec.
89
Dec.

26
30
30
30

1
25% Dec.
25% Dec. 20

25% Dec.

8%
8%
8%

15
15
15

6
7% Dec.
7% Dec. 12

7

15

87%
87%

90
89

25%
26%
24%
24%

.

87

86

.

8
2

12% Mar. 31 26
106% June 28 109
99% Apr.
2 106
32
97
96

June
Feb.
Mar.

66
105

103
Apr.
106
June
105Ml Jan.
86% Apr.

Feb.

Jan.

13

Oct.

21

Dec.

1

111
Dec. 19
101% Dec. 30
105% July 23
108
May 13

74% Mar.

96

July 18
July 20

108

Nov. 17

101

Nov.

3

14 105% Jan.

8
94% Nov. 2
94
Oct. 27

58% Apr. 14
May 27

72

foreign government
and municipal

Agrlcul Mtge Bk Rep of Col—

20,000
3,000

131,000
132,000
1,000
10,000

♦20-year 7s.....Jan 15 1946
♦20-year 7s
Jan 15 1947
♦7s ctfs of deposit
1947
6s certifs of deposit
1947
Antioquia (Dept) Colombia—
♦7s a ctfs of dep
....1945
♦7s b ctfs of deposit...1945
♦7s d ctfs of dep
1945
♦7s 1st ser ctfs of dep..1957
♦78 2d ser ctfs of dep.. 1957

10.000
6,000
1,000
4,000
2,000
♦7s 3d series ctf of dep. 1957
11,000
67,000 ♦Badsn (Germany) 7s... .1951

1,000
1,000

1,000
9,000

12
12

20
23

25% Sale
25%
30
30

24
24

30

6%
6%
6%
5%
5%
5%
21

Sale

11%
11%
11%
9%
9%
9%

7

17% Jan.

24

Jan.

24

Aug. 26
Nov. 28

24

7% Dec.
6
7% Dec. 12

15

7

15

18

25

18

1

Dec. 28

20
24

26

30

18

10% Dec.

7
7%
7%
6%
7

Oct.

25% Dec.
1
Oct. 24
Aug. 20
Nov. 28

26
24
24

21

7% Oct,
8% Aug.
7% Oct.
7
Aug.
7
Aug.
7% Dec.
21% Feb.

12
18
Oct. 26
Aug. 24
July
5
Sept. 13
Dec.
Oct.

24
1

18
24
24
17
5

7% Dec. 17
19% Dec.
8

10% Dec.

1

10% Dec.

1

9% Oct.

Dec.

6
18

10% Dec.

7% Dec.

21

9% Oct.

21

Bogota, City of (Colombia)—
8s ctfs of

1,000

1,000

10% Sale

11%

20

9

14

11%

20

9

deposit....-.1945

1

15

12
11

20

24

40

24

24

40

24% Dec. 28

1

Caldas (Columbia)—

♦7hl ctfs of dep..-i—1946

1,000

♦Gnucs Valley

43,000
2,000

363,000
8,000

(Ueptqf) Rep of

Colombia extl
♦7s ctfs of

s

f 7am,

.1948

6%

7%

dep....1948

13%

10

Dec.

9% Dec.

3
9

Dec. 16
9% Dec.
9

12

6% Apr.
6
8% Sept. 15

12

Dec.

16

10

Oct.

28

22% Feb. 11
Sept. 23

27

Jan.

28

Mar.

7
8

♦Cent Bk of German state &

26,000
12,000

58,000
10,000

12,000
51,000
43,000
29,000
18,000
15,000
27,000

92,000

20,000
11,000

"5",666
10,000
35,000
29,000
32,000
40,000
81,000

112,000
5,000
47,000
17,000
♦

n
a
r

104,000
91,000

Pro* Banks 6s

b...\.1951

♦6s a
....1952
Colombia (Republic of)—

♦6s ctfs of dep (a & o) .1961
2,000
♦6s ctfs of dep (j & j).. 1961
5,000
401,000 Danish Cons Munlc 5 ms. 1955
5a
1953
189,000
Danslg p 5c Wafway bd
external s f 0%s
193,000
...1952
376,000 ♦German Cons Munfc 7s. 1947
♦6s
1947
345,000
149,000 ♦Hanover (City) Ger 7s.. 1939
102,000 ♦Hanover (Prov) cm*
1949
208,000 ♦Lima (City), Peru, 4ms.1958
89,000 ♦Maranhao (State) 7s....1958
246,000 ♦MedelUn.(Colombia) 7s. 1951
6% 8 ctfs of deposit
1954
22,000

473,000

Mendoxa (Prov) Argentina
♦74s stamped......1951

Mtge Bank of Bogota—
♦7s Issue of May 1927
1947
91,000
♦7s ctfs of dep (May)...1947
4,000
♦7s issue of Oct 1927
1947
89,000
♦7s ctfs of dep(Oct.)
15,000
.1947
374,000 •Mtge Bank of Chile 6s. .1931
331,000 Mtge Bank of Denmark Sel972
234,000 ♦Parana (State of). Bras 7s'58
343,000 ♦Rio de Janeiro 4Mb....1959
432,000 ♦Russian Govt 4h>---—1919
♦5 ms
412,000
1911

25 %

35

25

27%

25%
25%

40
28

17

21%

17

20

100% 101%
100
102%

99%
96%

52

20 %
20

21

22

20%
13
10

7H

Ex-dlvldend

♦

a

X Reported in receivership.

"cod," certificates of deposit,
"cons", consolidated.
"conv." convertible,
"cum," cumulative,
"m." mortgage.
n-v," non-voting.
vtc," voting trust cet tlflcates.
"w 1," when issued.
*'

"




7

18

Dec. 23
Dec. 28

20% Dec.
19% Dec.

1

18

Dec.

18

8

Dec. 28

19

19

Dec. 22

22

Dec.

1

18
18

18

26

18

Dec. 27

5

6

13

12%
10
11%
20

20% Dec.
5
11% Dec. 27

18

11%
6%
10%
7%

79%

9
-

Dec. 27
3
10% Dec.
Dec.

14

8% Dec.

6

6

23

7

Dec.

10% Dec. 29

77

79

78

24%
25%

24%
25%

30
30

25% Dec.

8

25% Dec.

8

24%
3£%
f4%

30

25% Dec.

1

25% Dec.

1

26%
97

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

17
28

96

24%
14%
97%
7%
5%
%
%

Dec.

5
1

78

30
28
25% Sale
14%
99%
7%
6%
%
%

65
12%

11% Sale

57

28
15
99%
8%
Sale

8

5%
%
%

%
%

8%
6%
%
%

Sale

58

57

13%
13%

58%

Deferred delivery sales,

20
14%

13% Dec.
13% Dec.

25

Dec. 16

14% Dec. 29

28 100
6
8

15
23
'

23

Dec.
7
Dec. 19

6% Dec. 20
% Dec.
2
% Dec. 22

58% Dec.
13% Dec.
13% Dec.

13

24

5

Nov. 10

4
3
1

23% Oct.
25% Oct.
22% Mar.

7% Jan. 28
7% Sept. 23

Oct. 24
18% Feb. 25
10% Aug. 13
10
Aug.
6

7

80% June 29

9% Apr.

7

Dec.

14

64

Feb.

21

14

Feb.
Oct.

8

25% Dec.
24% Sept.

6

16% Jan.

Nov. 30

23% Oct.
12% Apr.
96
Apr.
7
Mar.
5% Dec.
% Dec.
% Dec.

Dec.

45

1

Jan.

M

June 23
Feb. 25

10% Jan.
10% Jan.

20
7

Mar. 14
Mar.

Mar. 31

11% Jan.
11% Jan.

16

5
4

8

17
16% July 13
16% June 23

65

Jan.

Copper Range Co., Dec. 29 at 5

in which no account is

in computing range, are

Dec. 14 at 17

given below:

is taken in com¬
puting range, are given below:
American Laundry Machine, Dec. 29 at 16%
Borne Scrymser do., Dec. 30 at 10
Bourjois, Inc., Dec. 30 at 3%

which

Dec. 12

Aug. 11

59% Mar.

23

Sept. 28

July
9
Aug. 23

Edison Brothers Stores, Dec. 30 at 16%
Electric Power Associates, Dec. 29 at 2%

Under tberulesales.in which no account Is taken

Cash sales, in

78

June 20

24

45

13% Sale
13%

16

Dec. 12

No sales.
r

Dec.

14% July
9 14%
18% Aug. 23 18%
96% Sept. 27 102
96% Sept. 27 100%

20
22

South West Pa. Pipe Line,
n

2

21

18
18

taken in computing range, are given below;
General Bronze Corp. 6s 1940, Dec. 7 at 84%
Penn.Water & Pow. 5s 1940, Dec. 13 at 104%

Abbreviations Used Above:

Dec.

24

39

"x-w," without warrants.

Bonds being traded flat.

5

6

41% Dec. 21

40%

12%

7

7 166
99% Dec.
97% Dec. 12 98

Abbreviations Used Above:
"w w," with warrants.

Sold for cash.

x

11

Dec.

40% Dec. 22

51
Sale
21%
Sale
22

20

8

99%

26

25% Dec

25%

15

11

Sold under the role.
Deferred delivery sale,

Sale
22

6%

1949

No par value.

J21%

65% Sale

57

.1961

30

20%
24
20% Sale

Santa Fa (City) Argentina—
♦7s stamped..........1945

92,000
238,000 •Santiago (Chile) 7s
♦7s
103,000

68

19%
25
19%
25
99% 100
97%
99%

Dec. 27

no account

Empire Power Corp., Dec. 30 at 20%
Huyler's of Delaware, com., Dec. 31 at %
International Petroleum, reg., Dec. 30 at 27
Koppers Company, pref., Dec. 29 at 68%
Lucky Tiger Combination, Dec. 29 at 7-16
Mangel Stores, com., Dec. 29 at 1%
McOord Radiator & Mfg. Co., Dec. 29 at 1%
Mining Corp. of Canada, Dec. 29 at 1 %
New Jersey Zinc, Dec. 29 at 62%
Northern Pipe Line, Dec. 30 at 4%
Plough Inc., Dec. 30 at 8%
Ryerson & Haynes, Inc., Dec. 17 at 1
Taylor Distilling Co., Dec. 31 at 11-16
Tide Water Power 5s A 1979, Dec. 29 at 86%

/

RANGE OF PRICES ON CHICAGO STOCK EXCHANGE
Stock Sales

1938

December

Shares-

Jan. 1 to Dec. 31

AGGREGATE

-—

1937

al,660,000
10,947,000

879,000
14,239,000

December

12 Months
1938

$

PRICES IN DECEMBER

BONDS

1938

1927

Bid
43

1927
Certificates of deposit..

42

Cat 8c So Chic 5s ctfs..

165

280
320

1,206
3,430
39,010
21,550
10,200
7,520
2,150
6,310
1,356

1,500
2,000
700

1,900
50
350

1,201
40
250

3,960
10,900
"

1,250
1,900
1,150
800
135

1,000
2,040
4,025
10,700

Chicago Rys 5s ctfs

-1927
1958

Com'wealth Ed 3#f

230
500
750

1,450
3,110
850

30,370
3,500
200

4,000
14,526
480
950

1,300
7,650

4# %

500
"

1,250
440

2,022
4,250
4,300
12,400
260
550

1,520

cum conv

600

72,950
5,490
"

1,850
3,825

Adama (J D) Mfg com...
*
Adams Oil & Gas Co com...*
Advanced Alum Castings
5
Aetna Ball Bearing common.!

Allied Laboratories com

*

Allied Products Corp cl A. 25
Common
10

Allis Chalmers Mfg Co

6

Automatic Products Com...5
Automatic Washer com.....3
Aviation Corp (Del)
...3

37# Sale

com..
..*
Barber Co (W, H.) com
1
Barlow & Seelig Mfg A com..5

IU
8
9

,8*
10

12#
7
30
52

4

7#
11
8

491,640
2,800
2,050
100

conv

pref *

Common capital
1,340
*
30,199 Chrysler Corp common.....5

93,500 Cities Service Co com
•
New common...........10
21,150
10,850 Club Aluminum Uten Co...*

For footnotes

Coleman L*p 5c Stove com...*
Comm'wealth Edison com..25

Rights (June debs)........
Rights (Sept debs).
Rights (w i)
_'.i
Compressed Ind Gases cap..5
Consolidated Biscuit com... 1

if

10

9#
9#
2#
7#

18

Dec.

9

60

Dec.

6

20 123

Dec.

5

39# Dec. 29
7# Dec. 28
Dec.

8

43# Dec. 15
9
9# Dec.
2
9# Dec.

27

2# Dec. 28
6# Dec. 21

12

11

18#
7#

19#

19

20
29

il*
20

48#

7# Dec. 28
5
44# Dec.
3
20# Dec.

2
8# Sec.
49# Dec. •15
21# Dec. 15

Sale"

12

7
13
2
12# Dec.
19
Dec. 29

Sale

2#

61#

61# Dec. 28

64

3#
8#

w*

18

20

7

8^

Sale

5#

Sale

7
11

IV*
64
Sale

150

5#

Sale

Dec.
Dec.

146

Dec.

Dec.

7

Consolidated Oil Corp..___*

56.

Highest

Nov.

2

18
27
4
20
20

36# Apr.
120

Oct.

Sale Prices
49
Feb. 17
43
Oct. 18
48
Jan.
7
49
Aug. 26
110
July
5
110
Oct.
8
105
July 19
6
June 29

Dec.

6

21 150# Dec. 31
4# Dec. 21
5# Dec. 31

1

2

Mar, 26
Mar. 31
June 10

12# Mar. 31
June
44# Dec.
20# Dec.
6

60# Nov. 17
Aug. 12

6 123

39# Sept. 1
7# Dec. 28
4# Mar. 30

Dec.

Dec,

9

3

10#
1

35

10#
1#
37

9

9#

H
34#

4# Sale
3#
4#
1# Sale
# Sale

11

10#

10#

14
21

6#
8

Sale

7

Sale
Sale

8#
3#

Sale

12
Sale
Sale

19

Sale

Sale

6

12

13

11# Sale
22#
8#

Sale

8

6

5

Sale
Sale

20
31
17
20

Sale
23

13

12#

Dec.

12

Sale

8

,4#

5#

19

20
Sale

16
21

17#
22#
7 M

7

16

Dec. 28

21# Dec.
7# Dec.
4

Dec.

18# Dec.
29# Dec.

8
Dec.
Dec. 15
7
Dec.

13#
8#
13
11#

9# Dec. 24
5

1
Dec.
6
Dec.
1
Dec.
Dec. 31
Dec. 31
Dec. 30

7

5

Sale

32

6#
7
13# Sale

Dec.

Dec. 24

4#
3#
1#
#
8#
3#

7# Dec. 28

8

5H
Sale

30

Sale

36

12

Dec. 29

6

14

7#

5
10# Dec.
1# Dec. 10

3# Dec. 14
1# Dec. 29
# Dec. 14
6 # Dec, 10
8
3# Dec.

#

7#
11#
10#

Dec.

3

4#

14

8# Sale

22

# Dec. 31
32# Dec. 27

3#

1#

25

12

35

3 #
3

5

11# Sale
6# Sale
5#
6#
17
Sale

Sale

Dec.

Dec.

14
1

Dec. 17
30# Dec. 29
7

5

7
14
28

1
8# Dec.
5# Dec. 19

21

3
5
3

49#
10#
12#
4#

it*

Nov. 14
Mar. 14

Sept.
Jan.

Dec.

Oct. ,28
19# Aug. 26
Aug. 26
11#
49# Nov. 21
Jan.

35

1
17
Dec.
20# Dec. 27
6
6# Dec.

10
3
3#
7# Sale
20#
22

13# Dec.

Nov. 17
Apr. 28 70
130# Sept. 28 150# Dec. 31
Jan. 10
3# Mar. 26

a

2#

Sale

9

20

21

14
12

Dec.

23

19

4#
2

Sale

5
Dec.
Dec. 30
20# Dec. 10

3

9

17

18

15# Dec. 10

16# Dec.

22

23#
15

5
20# Dec.
5
13# Dec.
63# Dec. 28

23# Dec. 15
14# Dec. 27
69# Dec.
1

95# Sale
30# Sale
3#
4#
11
12 /

30

H
Sale

32

15# 34
38# Sale
1
1#

9# Sale
99#
61# Sale
90

i*

2

Sale
36

2
35

14#
73

70

#
#

13#

2#
#

8#

109

69#
80# Sale
67

36#
19
Sale

# Sale

#

7

Sale

35

20
Sale

#

2

2

Sale

# Sale
# Dec. 22
#
#
#
5#
6
6#
6#
4# Dec. 23
1# Sale
1# Dec. 21
1# Sale
1#
101
102
102# 110
101# Dec. 12 103
48
46
45
Dec. 20
52
53#
56
3
4#
1# Dec. 30
3#
4
3#
14
15
Dec. 12
15#
15# Sale
15#
15
13# Dec. 15 15#
15#
14#
17

-m
2

14#
68

6

5
Sale

...

14#
Sale

#

7#

8#

/

69# Dec. 28
# Dec. 22

7

Dec,
Dec.
Dec.

8*

Mar. 30
June 16
Dec. 28
Mar. 30

5

Mar. 31

5

Mar. 25

B*
14
5
6
27

Vi
i«

8

2#

2#
20
22#
26 ^ Sell©

7#
2#

19#
27#

Sale
23#
35
Sale

Sept. 28

14# Sept. 24
# Feb.
9
Apr.
1
9
Mar. 30
41# Mar. 31
14

3#

3#

16c
6

16#

15

Sale

6#

5#
9

6
Sale

8# May 16
6# Jan.

18

Nov. 14

Mar. 15

8

17# Oct.
Aug.
5# Jan.
10
July
24# July

Dec.

1# Dec. 30
Mar. 30

1

35# Dec.

7

Dec.
9
Mar. 31

20

Aug. 24
1# Jan. 15

25

Jan.

1# July 22

Nov. 17
5# July
1
16# Nov. 18
21# Jan. 17
55

# Feb. 24
# Feb. 28
2# Jan. 11
36

Nov. 15

18# Feb.

Dec. 22

80# July
1# Jan.

# Mar. 26
# Jan. 14
19

H Oct.
# Oct.

Jan.

# Dec. 21
# Dec.
3
8

Dec. 22
Dec.

70

Dec.

6
3

84# Dec. 15

9
2

23

Dec.

15

13

Dec.
Dec.

13
9

5# Dec. 23
9

Dec. 31

10

14# Dec. 27
73# Nov. 17

3

Dec.
7
Dec. 31

111

9

19
15
19
29

# Feb. 24
# June 14

2

Dec.

Dec.

25

June 24

12# June 16

69# Dec.
77# Dec.

2# Dec.
20# Dec.

19

12

# Oct.

6

12

22# Jan. 15

25# June 15

'

# Dec. 21
3
# Dec.

13c

Sale

Dec. 17

7

30# Dec. 29

Dec.

Dec. 30
2# Dec.
9
22# Dec.
7
27# Dec. 30
8

15

Dec.

6

27c

Dec.

15

6# Dec.

2

9

Dec. 31

# Mar.

14
19
10

8
10
19

5# Mar. 29 10# July 19
Nov. 16
96# Apr. 19 112
June
57# May 27 70
9
63# Sept. 28 88# Nov. 9
Mar. 24

5# Sept. 26
1# Jan.
7
14
22

June 4
Mar. 31
June

24c

14#
Sale

July 21
July 12
Nov. 9
Nov. 10

Dec.

20c

17

Jan.

14#
11#
13#
13#

Apr. 19

7# Dec.

19

10

Dec.
Dec. 29
Dec. 30

1
7

June
1
Dec. 14
Mar. 31

# Aug. 22

Sale

2^ 3F*

8

6#

6

8# Dec. 31
3# Dec. 30

3 # June
1
7# July 23
1
Mar. 26
2# Oct. 17
90
Nov. 18
Apr. 28 105

75

109

69#
82# SMe

Dec. 29
13

Jan.

7# Dec. 28

6

71

# Dec. 20

# Dec. 20
9
1# Dec.
34# Dec. 12

#
#
#

110
68

6
12

Dec.

i# July
2# Jan.

27
10

17#

13#

Mar. 26
June
2
5x4 Oct. 31
1# Mar. 29

dH
m

June 24

22

69 #

2# June 13
3# Dec. 14

1

5
17
Nov. 10
Nov. 25

22# Nov. 10

16#

47

Jan.

June

Apr 20
Sept. 14
May 31

1#

"i§# "ii""

10# Dec.

36# Oct.

21

#

1

Dec. 31
Mar. 29

Mar. 31
Mar. 31

9
7# Dec.
16# Dec. 15

1

2# Dec,
6# Dec.

27*

36

Apr.

12# Mar. 29

8#

2#

19

45

14

25

Sale

3
14

Nov. 18

33# Dec. 16
18
Dec.
9
22# Dec. 14

5

....

see page




10
18#
10
Sale

Partic certificates I....100
Part certificates **2".. ..100
Part certificates ser "3". 100
Chic Rivet 5c Machine cap..4

57# Dec.
120

Sale

3# Sale

7#

Common.................*
570
Participation preferred
*
376,100 Chic Corp common..
..1
Preferred
»
42,990
200 Chicago Electric Mfg A
•
46,500 Chicago Flexible Shaft com.5
11,285 Chicago 5c N W Ry com..100
Chicago Rys—

58
130

57

7

VA
2H

*

9,550 Chain Belt Co com......__.*
4,300 Cherry Burrell Corp com___5
Chic City Ac Con Ry—•

1,030
489,870
1,231,100
901,917
777,140
27,080
47,350
100

tg
Sale
Sale

33

S

900

77,800

Lowest

Sale Prices
47
Feb.
4
43
Oct. 18

June 13

\H

5

Cant IU Secur Corp-—
Common
15,850
j
Convertible preferred..
13,940
*
184,701 Central S W Util com
50c
Prior lien preferred....
7,000
*
Preferred
♦
9,810
5,860 Central States Pr 5c Lt pref.*

8#
9#

63
148

5# Sale

61
130
49

47
20

60

10
18

561

550
110

16
8#
35

*

60

3,100

5*

3# Sale

1

—

Campbell Wyant & Cannon
2,860
Foundry capital
*
1,050 Canal Const Co conv pref
•
14,800 Castle 8c Co (A M) common. 10
3,550 Cent Cold Storage Co com.20
19,902 Central 111 Pub Serv pref...*

920 Chicago Towel Co

58#
46

tAviation & Transport cap.l

16,860 Burd Piston Ring com......l
135,865 Butler Bros common
.10
17,322
5% convertible preferred 30

3,710

Sale Prices

9

*

common

90

30
260
3,753

Highest

Sale Prices

41# July
July
106# Nov..
104# July
5# July

*

5,650 Brown Fence 8c Wire cl A
12,550
Common
45,200 Bruce Co (B L) com
50 Bucyrus-Monighan cl A

"""§60

Lowest

Ask

41

100

Bastlan-Blesslng Co com
_*
Belden Mfg Co common....10
850 Belmont Radio Corp......
*
221,502 Bendlz Aviation Corp com..5
45,500 Berghoff Brewing Co
1
5,800 Binks Mfg Co capital
...1
34,550 Bliss & Laughlin Inc com ..5
188,802 Borg-Warner Corp common. 5
2,300 Brack 8c Sons (B J) capital..*

100

31

106

Acme Steel Co common....25

9,600

220

YEAR 1938

par.

pref

680 Backstay Welt Co

1,200

Dec.

Ask Bid

45
47

44

250 Bunte Bros common.......10

1,750
12,400
3,070

Bid

1968
1938

Laboratories com...*

135 Auburn Auto Co

2,250
5,950
20,650
27,010

Dec. 1

Ask
48

Stamped
3#s series I
Met W Side El 1st 4s

250 Altorfer Bros conv pref.....*
4,720 American Pub Serv pref..100
19,893 Amer Tel & Tel Co capital. 100
136,029 Armour 8c Co common..
5
50
$6 prior preferred
*
7,640 Aro Equipment Corp com...l
25,850 Asbestos Mfg Co com
1
10,160 Associates Invest Go com...*
11,900 Athey Truss Wheel capital.. 4

7,250
7,610
11,090
80,650

RANGE FOR

Chicago City Ry 5s

29,831 Abbott

60

$7,000
46,000

$221,600

Jan. 3

STOCKS
2,725

1937

Price

S
6,000
1,000
14,000
53,000
54,100
83,600
4,000
3,000

1938

Jan. 1 to Dec. 31-—

CHICAGO

SALES

STOCK EXCHANGE
In

Bond Sales

December-.

Aug. 25

14c
12

Nov. 28

9

Dec. 31

8

May 5
3# Mar. 30

2

Jan.

3

10# May 10
2# Nov. 30
30

Jan.

12
May 11
1
Aug. 25
Nov. 23
Jan. 12
7# Aug. 26
9
Dec. 31

28
46c
27c
17c
25

June

CHICAGO

JAN., 1939]
AGGREGATE

SALES

December

Share*

'

390
760

1,365
239

STOCKS

*

5,870
2,530
2,940
9,977 <
1,891 <

1,460
1,200
540

950

Ask

V t

c

8

pref part shares....50

I

18

Com

part sht * t c A—50
Common part shs ▼ t c B..*

14 X

1,335

1,350

160

15

Sale

12

26

12

2X
40

28

500

1,250
2,000
6,400
2,750

Highest
Sale Price*

6X
2X
X
13%
24%

11

22

JH
50

75

18 X

23

IX

14

16 X
2

1

Dec. 27

15X

Sale

16% Dec. 13
1% Dec.
8
15% Dec. 31

15

Dec.

55% Dec. 31

1

(Alf) Ac Cohn—
......-10
Pref erred
100

Common

3H

26

20

2%
27 X
11

14

Sale

2

2% Dec.

1% Dec. 29

7,150
6,300
8,830
25,150
14,450

15" "16"
35
14

31

*

Class A

12

19%
Sale

16%
3%

23

22

850

2,800

20

21
Sale

18

5

4

Dec. 21

8X

8

Dec. 28

11%

"l2X

31

31X

8-

10
16

3%
21X

4

Sale

X

WA
ilv*
2?*

17,150
9,800

Sale

43%

7

6%

•

10 X

Sale
4%

12 X

3%
9%

12

35

8X
15%

19% Dec.

11%
32%
7%
13%

Sale
Sale

S3

537
—

~

pref.

cum conx

130

850

9,900

8,912
1,050
5,210
28,500
8,750

2,109
60

810

1,500
250

2,450
1,400
3,850

720
«■»

«.

—

«*.

300

2

2X

14

Sale

59

Dec.
Dec.
Dec.
Dec.

23
14
16
28

9

19% Dec. 27

15

26

11X
3X

13

11

11 J*

X

Sale

2%

21% Sale
l

"7X

I

100 !*
Sale

13

6%

Hamilton Mfg cl A part pf

HarnlachfeOer

6

7

Co

10

com

10
Corp com..10
Heileman Brew CoGcap__.l

Hibb Spencer Bartlett

Inc

com.25
*

common

Hormel Ac Co

(Geo)

com

A..*

6%
4%

8

Sale

5
24

42 X
.....

16

Sale
16
17 X

.....

Sale
40

X

Sale

7X

30

5%
4%

Hall Printing

Horders

21

5 %
25%
6%
43%

6

19 J*

Dec.

3% Dec.
21 % Dec.

23

21

Jan.

43% Dec. 31

10%
3%
9%
1%
11%

Dec.
1
Dec.
Dec. 22
Dec.
~
Dec. 14

12% Dec. 29

28

33% Nov. 28

4

4% Apr.
3% Dec.

Dec. 20

10% Dec. 12
2% Dec. 21

Sale
Sale
6%
19X

11% Dec.
2% Dec.
37% Dec.
% Dec.

20
29

17
12

47% Dec.

9
6% Dec. 13

14

11%
3%
39%
%
50%
7

1% Mar. 28

Dec. 31

10

Dec. 20
Dec.
Dec. 29
Dec.

Dec. 15
Dec.

2

13 X
32 X

Sale
Sale

12

13

12

Dec. 29

37%

Sale

32

Dec.

11

m
Sale

10 X
26%

10

Dec. 27

Sale

Sale

12X
3X

20
24
6
17
12
9
13
1
17

Feb.
Jan.

12

Dec. 29

13% Dec.
38% Dec. 29
11% Dec.

22% Sept. 26

24% Dec.

27

12% Mar. 29

10% Dec. 27

6% Dec. 13
7% Dec. 14
26% Dec. 28

12% Dec.
4% Dec.
5% Dec.
6% Dec.
8% Dec.
26%,- Dec.

35% Dec. 13

37% Dec. 24

23% Dec.

9

24

Dec.

5

17

Dec. 30

11

7

4

Dec.

19

4

7

5

Dec.

2

5

5%
8X

7

May
May
June
Dec.
Dec.
Dec.
Dec.

12

33

Sale
5X
5
5X
6%
7
7%
8
24%
26%

Mar. 26

47%
8%
2%
37%
%
47%
6%
32

28

11X
4%

Mar. 23

8

Dec.

Mar. 31

6

31

5

28

3

Mar. 30
Mar. 28

5

Sept. 14

5% Jan.

17
28

37X
11X

39X
UX
Sale

24

35%
11X
23X

37
11X
24 X

1

27

4

Mar. 30

20

Mar; 5
Mar. 30

18

24

Feb.

6%
8%
16%
34%
14%

1
24
30
31
29

Mar. 28

15

1

34% Dec.

33

24X

Aug.
Oct.
Jan.
Dec.

20

9% Oct.
29
May
7% Mar.
10% Mar.
2% Mar.

Dec.

16

Dec. 27

3

16

Sept. 17
July
8
3% June
9
8
Dec. 28

8% Dec. 14
12% Dec. 15
34% Dec.

34% Sept. 10
11
May 26
16% Jan.
7

82,628
Class B
6,800 Hubbell, Harrey, Inc
74,607 Hupp Motors com

700

6,647

24,060

4,100
5,586

^

^

—

5,100

Sale
11
IX Sale

10

Illinois Brick Co

5% Sale

pref.100

▼ t c

6

*

5X

*

Internat

Harvester

com

50

12,650
2,150

20

1,050
3,400
6,700
620

550

2,500
350

2,550
58,000
12,100
15,150
7,450
980

1,810
1,110
1,500
1,360
250

6%
Sale

15X

'

20%
4%
87 X
60 X

Jan.

16

8*

July

2

23%
38%
11%
27%

Jan.
Dec.

11
29

Oct.

2t

Oct.

31

13%
6%
8%
7%
8%
26%

Nov.
Jan.
June
Apr.
Nov.
Dec.

15
20
30
25
9
2&.

24

Nov. 14

45% Feb. 18.
14
Jan. 10
Dec.

24

18

Dec. 28

45

41

Dec. 28

41

Sale
Sale

10

Sale

7%

3X
X
2%
33

3K
X
2%

3X
8X
Sale
Sale

*

14,250 Loudon Packing common
2,900 Lynch Corp common

*
5

31

3,770 McCord Rad At Mfg "A".
1,220 McQuay-NorrisMfg com
1,300 McWilllam Dredge com,

*
*

34,200

Manhatt-Dearborn Corp com*
810 Mapes Cons
Mfg capital....*

238,298
80,500
2,210

Marshall Field Ac Co

com

Mer At Mfrs Sec cl A com

*
1

Prior preferred
*
100 Metrop Indust allot ctfs
70,815 Mickelberry's Food Prod coml

437,300 Middle West Corp capital...5
146,200
Stock purchase warrants
35,240 Midland United Co com
*
Convertible preferred
43,060
*
4,910 Midland Utll 5% pr lien..100
8,440
7% prior Hen
100
2,350
7% preferred A
100
2,810
6% preferred A
100
5,770 Miller Ac Hart Inc conv pref.*
2,850 Minneapolis Brew Co com
.1

Sale

9

27 X
17 X

16

:;;h T
7H

Sale
3X Sale
20

30

2K

18X
3

X
18

22

12%
5X

7

6%
4%
29%
1%
9%
19%
18%

oly*

33

33

27

2%
21

25

4

:::::

%
2%
29

40

\
%

7%
6X

*

com

4

75

common

Oil Ref Co

Sale
Sale

7%
25

Sale

2% Dec.

Sale

6

Sale
75

Sale
Sale
31%
3
25

7%
Sale
Sale
30%
2
9%
Sale
Sale

oly
35

5

1

4%
7%

9

800
10

980

Modine Mfg com

*

Sale
3%
Sale

4%
%

53

1

30

Dec.

16

2% Dec. 20
Dec.

21

19

6% Dec. 28
5% Dec. 28
3% Dec.
2
Dec. 22

29

1% Dec.
6
9% Dec. 21
Dec. 23

19

18% Dec. 27
Dec.

1

31

23

Dec. 28

7% Dec. 12
26

Dec.

15

Dec. 28

6

% Dec. 10
19

Dec.

2

11

Dec.

9

4% Dec. 29
26

Dec. 28

Sale

1

% Sale
% Sale
2%
3
7
7%

Monroe Chemical Co com...*

Preferred...

*

39$

40%

41

23
20

16

10
22X

31

I

60 Mountain States Power pf.100

—

240

870 Muskegon Mot Spec class'*A"*

12

300
320

3,000 Nachman Sprlngfilled com.*
3,990 National Battery Co pref—*

20

700 National Bond Invest

525

com.

7

2,150 Nat'l Pressure Cooker Co...2
Nat Republic Invest Trust—
Cufflul. conv. pref
*

100

2,361

7X

11,491
8,790

5

4X

Stamped

3X

8

16X
5X

IX
1

21X
3X

Sale

9X
32X
18X
6X

Sale
IX

3

Dec.

33

Dec.

5

16

3% Dec. 22
6
lc

Dec.
Dec.

9

5

2%
15%
6%
5%

Dec.

7%
6%
4%
30%

Dec. 15
Dec.
1
Dec. 15
Dec.
7

2

Dec.

14

8

9% Dec. 21
20%
19%
1%
33%
9

Dec. 15
Dec. 13
Dec. 2
Dec. 29
Dec.

1

27% Dec. 20

2

% Dec.
1
4% Dec. 31
% Dec.
9

% Dec.

1

Dec.

% Dec.

%
%
3%
7%

Dec. 30
Dec. 13
Dec.
1
Dec. 21

400

12,550
6,400

Common

stock

.....

10

For footnotes

20 X

Sale

see page




16%

19

Sale

1

National Union Radio com_.l

170 Nineteen Hundred class B..1

Sale

9

Aug.

2

24

Nov. 14

11
9

July

26
Jan. ll
Aug.
1
July 26
3% Apr. 28

Vi
'4

Nov.

4

Aug. 17
Nov. 12

2% July
July

38

24% Mar.

19
25

5% Mar. 25
Apr. 20

14% Jan.

10

31

Jan.

Dec. 28

20

Oct.

18
20

1% Jan.

11

Feb.

22
5
30
26
25
11

1% Mar. 31
4% Mar. 31
Dec.

7

% July

12

Feb.

4

lc

3

11
% Sept. 16
% Oct.

1

21% Oct. 14
14% Nov. 10
6

Oct.

29

Nov.

16

Feb.

7
9

11

4% Oct.
8% Oct.

14
15

Jan.

10

% Jan.
6% July

22

2

2

2

5

May 17
Jan. 19

2%
40%

22%
3%
48

41

Dec. 24

41

Dec. 24

35

11%

14%

14% Dec. 28

16

Dec.

15% Mar. 30
11
Apr. 11

1% Jan. 10
IX Mar. 12
July 18
7% Dec. 21
7% Feb. 23
27% Jan. 12
5
July 26
47% Nov. 22
16% Mar. 21
17
Nov. 16

7
20

Mar. 29

32% Nov. 29

14% Dec. 23
Mar. 22

18% Nov. 15
7% July
7

% Dec. 17
% June 27

6% Mar. 22
1% July 15

% Dec.

2% Dec. 22

21

7

8

31%
14%
4

1%
1

19

Dec.

6

2% Dec. 21

9

32%
15%

Dec. 28

22

Dec. 29

3% Dec.

5

1

Dec. 28

8
Dec. 27
32% Dec. 28
16% Dec.
8
5% Dec. 16

% Dec. 17

Dec. 27

20% Dec. 12

Dec.

13

14% Dec. 23

5

5

Sale
1%

18

20

18

% Dec. 10

„L

1

Dec.

1

Nov. 16
Dec.
8
Dec. 22

June
2
Apr. 14
Apr.
1
2% May
6

18

1% Dec. 31

7% Dec. 27
31

%
%
2%
2%
5%

4

National Standard—

1,250

13

Nov. 16

33

2

% Mar.
13% Oct.
5% Mar.
2% Mar.
19% Mar.

1

Mar.

1% Mar. 24
3% Feb. 18

20

Dec.
3
Dec.
9
Dec. 29
Dec.
9
Dec.
7
5

Jan.

5

Dec.

%
20%
12%
5%

Dec.

Nov. 21

78
12

Mar.

24
15

4% Dec.

13

22
23
26

July
35% July

Mar.
Dec.
Dec.

Dec. 31

7% Dec. 30

Dec. 28

July

81

May

17

27

10

9

Dec.

1

18

Oct.

5% Jan.

Apr.

24%
1%
9%
16%
18%

July

Nov. 14

25
41

Mar.
Mar.
May
Dec.

24

4c

X Dec.
3% Dec.
% Dec.

it*

Mar.

3% Dec.

9

16

Sale

X
1
Sale
7

20

3% Dec. 30
% Dec.
3

5%
3%
%
1%

Jan.

26% Dec. 29

Mar.
Apr.
Mar.
June
Feb.

20

1

%
Sale
1%

21X

30% Dec.

16

6
2
2

19

10
15
94% Nov. 12
Nov. 10
.68
5% Oct. 24
Jan.

7

Feb.

Dec.

lc

Sale

20 X
3%

12

Dec.

250 Minn's-Mollne Pow Imp com.*

7,700
2,350

950

Dec.

10

3% Dec.
% Dec.
2% Dec.

17

29

July

69% July
50% Dec.
4% Feb.
2% May
12% May
10% June
15% Mar.
35
May
2% Dec.
5% Mar.

75

Sale
Sale

-----

4X
Sale

4c

X
3X
6X

7

25

4X
6X

X

Dec.

8% Oct.

111% Oct.

Mar.

4

Dec. 28

8

15

Mar. 30

14% Mar.

71% Dec. 20

Sale

Sale

—

Dec. 30

29

8
30

16% Sale
% Sale
15%
20%
12% Sale

1

IX

5

65

9

27

25

Dec. 28

4% Dec. 30

85

X
3X
X

5X Sale

Dec. 30
Dec.
7
Dec. 31
Dec. 17

Sale

41

30

10

22%
4%
93%
61%

21

28X
31
IX
3
9X
10 K
19 X Sale
18K Sale
IX
IX

518 Liquid Carbonic

6% Dec. 15

26% Dec. 29
21% Dec. 15

2

1

19
9
Nov,

20% Dec. 27

19% Dec.

7

Mar. 15

35

2% Oct..

4%
18
Sale

Dec.

Nov. 15

X June ¥i

2%
16%
26%

4 '

8
15

Dec.

5% Mar. 31
8% Mar. 31

85% Dec. 10
50% Dec. 27

85

3

20% Dec. 16
r

29

Jan.

1

Sale
Sale

74

24

22X
4

25
10

Dec.

16

3X
93 X
60%

6%
70
29%
69%

7%

24,110 La Salle Ext Unlv com
5
2,280 Lawbeck Corp
6% cum pfdlOO
14,250 Leath Ac Co common
1,050
Cumulative preferred
..*
7,600 Le Rol Co common
...10
29,523 Llbby, McNeill At Llbby
*
28,900 Lincoln Printing Co com
*
1,660
$3.50 preferred
•
3,750 Lindsay Light & Chem com 10

26,250 Lion

5

12
26

Jan.

39%
2%
50%
8%
15%

Oct.

2% Dec.

4%
Sale
Sale
7X
16X

3X

Kingsbury Brewing Co cap.l

Preferred

5% Dec. 12
14% Dec.

Jan.

12% Dec.

5

3

*

21

22

23%
42
Sale
7X

210

10% Dec. 28
1% Dec. 24

100

20
36 X

600

440

6X
20 X

Sale

690

18,378
5,200

Sale
Sale

15

220

1,200
10,750

6 X

Dec.

14

UX
2X

20

372
.

IX

•

19.650

Sale

Sale

5

*

1,470
Preferred
100
4,610 Kentucky Utll |r cum pref. 50
1,350
6% preferred
100
8,470 Ken-RadTube Ac Lp com A
*
23,750 Kerlyn Oil Co common A...5

310

700
200

6

31,360 Kellogg Switchboard com—*

200

370

17
10 X

2X

52,500 Jarvts (W
B) Co capital
1
6,150 Jefferson Electric Co com—»
1,750 Joslyn Mfg & Supply Co com 5
38,050 Kats Drug Co com
.1

13,100
1,500

1,050
3,476
7,650

Sale
Sale

1

120 Interstate Power
$7 pref
410
$6 preferred
5,080 Iron Fireman Mfg Co ▼ t c

15X
13

14%
12

28
28
31

17% Oct.

107X

8,859

664

2,082

60

10

9

107
26

7,557 Indiana Steel Prod" com
3,252 Inland Steel Co capital..

627

3,700

8%
10

Illinois Central RR com—100

Illinois Nor Utilities

8,650 Indep Pneum Tool

1,350

1

*
com.

25

12% Dec. 29
6% Mar. 16
June
7
11
Jan. 11
2

Houdaille-Hershey—

2,373

18

8
25
Nov. 14
Jan.
6
Jan. 18
Dec. 14
Jan. 31
Dec. 24
Jan. 12
Feb. 11

61

Dec.

16

Dec. 21

5

65

7

11%
*

A

4

10

65

50 X

Class

13 X

Sale

2% Sale

Heln Werner Motor Parts..3
290 Heller
(W E) preferred
25
600
Without warrants

100

3%
9X

38

16,250
13,630 Goodyear Tire & Rub com..*
15,550 Gossard
Co(HW) com
•
94,450 Great Lakes D Ac D com
*

2,350
3.647

m

9
4

470

—

Sale

57

12 %
55
10
Sale

10

2%

2%

2

10%
46

169,860
9,800
1,339

•»

28
8
2

3 % July
Feb.

Mar. 23

& Connell Dock

A Dredge Co com

200

150

Nov.

10

20

4

34 X

3,350
26,305

200

3% Jan.
17% Oct.
25

Jan.

8

Its Simons

1,250
3,350
2,000

Nov. 16

2% Jan. 12
38% Dec. 15
73
July 18
17% Nov. 9

19

Sale

Sale

18
5

8

6

4%

...5

|

....

1,406

700

15
14
28
15

17% Oct.
28% Nov. 14
100

1% Mar. 29

2

11% Dec. 30
21% Dec. 15

150

2,050

July

45

Dec.

10

19 X

20

7,765
5,950
73,340
21,550

816

2

% Feb.
11%/ Sept.
10
Mar.
95 /Aug.
1% Mar.
36% Dec.
45%. Dec.
11% Apr.
% Dec.
5% Mar.

38% Dec.v 15

X Dec. 27

Oct.

1% Jan.

36% Dec.
5
45% Dec. 28
15

July

Feb.

4

7% Dec. 31
2% Dec.
1
1% Dec.
1
15% Dec. 29
27% Dec. 27

Dec. 15
Dec. 27
Dec.
8
Dec.
8
Dec.
6

•ecker

.....

9,0io
3,847

310

Lowest
Sale Prices

38

8

17

35

Sale

8%

17%
2

16 X

360 i

360

as

Sale

Sale

50

7%

360 i

«.

-

28

Sale
13 %
5

8,090

-

Highest
Sale Prices

101X

25

pref

Sale
3
IX
16%

37 X

|

•*—

15X
26 X

26%

5

i

20
430

Sale

98

13
3
Cum class A

7X
2X

Sale

25

97%

65

200

"

Lowest

Sale Prices

31
Ask

Sale

96%

100

<

1

'

IS"

<

860

'

1%

X

(

7,250

2X

12

c ord Corporation....
< rane Co common

2,700

Ask Bid

Bid

onsumeraCo—

Preferred

14,900
2,125
5,630
16,000
2,380
26,475

Dec.

Dec. 1

1938
Bid

Par

340

"2,125

Price
Jan. 3

Share*

430

YEAR 1938

RANGE FOR

PRICES IN DECEMBER

CHICAGO
STOCK EXCHANGE

12 Months
1938

In

55

EXCHANGE

STOCK

13

June 29

Apr.

Apr.

2

1

Mar. 24

8% Mar. 17

56*

\
\

7

10% Oct.

27

July 19
1% July 22
9% Mar. 2

25

56

CHICAGO

AGGREGATE

BALES

CHICAGO

December

12 Months
1938

Shares

Shares

STOCKS

1938
Bid

4,800
8,050

53,850 Noblltt-Sparka Ind Inc cap.5
16,850 North American Car com..20

19

40

110 Northern Paper Milla com.*
3,700 North 111 Finance com
*
63,300 Northwest Bancorp com
*
4,210 Northwest End Co com
*
1,950 Nor Weat Utll pr Hen pref.100
5,220
7% preferred
—110

10

600
210
320

170 Nunn-Bush Shoe

"""590

3,134 Omnibus Corp

1.400

50

950
200
30

1,200
450

280

700
3,600
2,600
600

1,450
1,250
4,240
2,800
410
■700
250

1,950
120
120

"l",44l
30

2,250
3,100
327

•4,895
50
500

~£,012

""650
12,350
5,256
3,035
1,950
3,065

1,907
872

Pictorial Pap Pkg com
Pines Wlnterfront com.

750

Common

19

105

8

SX
SOX
16 X
X

Sale

25%
2%

2%
7%

6

13

12%
7%
14%

Sale

16

40

41%
14%

12%
12%
16%

X
30

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

22

Dec.

2

25% Dec.
2% Dec.
7% Dec.

Dec.

7

Dec.

12%
6%
14%
40%
12%

Dec. 10
Dec.
Dec. 29
Dec. 22
Dec. 23

1X

IX

17%
15%

6%
25%
14%
%
30%
15%

8.
27%
16
%
50
16

4

Sale

7% Dec. 31
16% Dec.
1
41

Dec.

6

14% Dec. 30

15% Dec. 21

18% Dec.

5

12% Dec.

14% Dec.

2

77
70
98 X

IX

8

Dec.

20

26% Dec. 13
14% Dec. 28
% Dec. 21
30

Dec.

14

Dec.

5

3

Dec.

28

19

25% Nov. 26
13

Dec.

19

% Dec. 30
30

Dec.

19

15% Dec. 10
4

Dec.

31

Sale

24

Sale

19% Dec.

5

38%

Sale
26%

35

Dec.

10

24

25

Dec.

2

Sale

3%
%
12%
%
10%

9
Dec.
Dec. 16
8
Dec.
Dec. 28
6
Dec.

29

Dec.

29

1

Dec.

5% Apr. 22
July 18
% Apr. 21
30
Sept. 22
11
Apr.
1
2% Sept. 30
18% Oct.
6

14% Dec. 31

3%
X

4

13%
IX

16

Sale

1
Sale

%

Sale

10%

%
14%

11

13%,
40

43

IX

X

IX

IX

4

Dec.

24%
2%

26

2%

100

Sale

11%
101%

12

2

Sale

Sale

113

148

150

117

150

150

26%
1%
%
9%

29
2

%
11%

Sale

% Dec.

8

*

20%

*

26

26%

Schwitzer Cummins capital.1
Sears Roebuck 8c. Co com
•

11

13

com

com

Serrick Corp cl B com

20

54

1

23

Common..

...*

!i*

14

*

com

16
Sale

1.440 Southw G&E Co 7% pref.100

95

105

420 Southwestern Lt & Pow
pfd. *

70

76

Spiegel Inc

Common.................1
*

com

Stand Oil of Ind capital—25

2%

3%

Dec.

29

% Dec.

10

16

Dec.

60

Sale

10%

2%
4%
.....

12

Sale
4%
.....

10

com

Sunstxand Mach Tool

com.

91,060 Swift & Co cap 8tk
34,684 Swift International

.5

25
15

Thompson (J R) com..
25
Trane Co (The) common....2
Union Carbide & Carbon cap*
United Air L Transp cap

4,472 U S Gypsum Co

28

26

Sale

14

16

15%

Sale

11

10

10%
16%
1%

104%
80

Sale

5%

'86

13
2

3%
27

9%
5%
7
9% Sale
16% Sale
22% 23%
4

12%
71

4%
14
73%

5
20

common

7% preferred

75%

80
Sale

2%
Sale
Sale

2%

17%
1%
104%
85

Sale

2% Dec. 12
19% Dec. 20
7
26% Dec.

2%

Dec.

2

"65"" "70"~

Sale

5

6

8%
10
18% Sale
28

Sale

4

14

84%
12%
117%

4%
Sale

Sale
Sale
Sale

2%
2%
% Sale
1% Sale
14

19

Jan.

6

o

8%

18%
27%

it*
89%
13%

20

80
Sale
Sale
4

Sale

12%

A*

Sale

12

Dec.

2

Dec.

5

Dec.

15

5
Dec.
1
Dec.
Dec. 15
Dec. 30

Dec.

2

it*
iolH

Dec. 30

99

Mar.
July
Mar.
May
47% Mar.

Dec.

7
11% Dec. 29
1
Dec. 14

11
21

Mar. 30

Jan.

11

8

28 X Jan.

14

8% Mar. 28
9% Dec.
5
13% Mar. 31

Jan.

2

20

June

Apr. 21 107
Jan.

18

15% Dec. 29

12% Dec.

8

78

Dec.

6

58

13

Dec.

1

Dec.

21

26% Dec.

10

12

15

12

3

Dec.

2% Dec. 27
8% Dec. 21

June 24

Dec.

15

2
2% Dec.
12% Dec. 30

10

Jan.

7% Mar. 30
1

14

Dec.

2% Mar. 25
26% Dec. 10
10% Apr.
7
2% Dec. 27
8% Sept. 24
4

Mar. 31

2

Dec.

5

15

Sale

27

28% Dec.

7

22% Mar. 30

Sale

1%

Dec. 20

3%
12%
83%
11%
103%
172%
1%

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
% Dec.
1% Dec.

31

4% Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
% Dec.
1% Dec.

23 114%
1

5
5

15
21

22
1

'90%
13%
113%
172%
2%

2

7% Apr. 26
Mar. 30

Mar.

20

il 8

15

29

7% Sept.
77% June
172% Dec.

27

15

T

2

7
30

Dec.

20

745 Wayne Pump Co capital

1

6,555 Western Union Teleg com. 100
4,937 West'house El & Mfg com..50
5,200 Wieboldt Stores Inc com..
*
Cum prior preferred

8,750 Williams Oil-O-Matic

137% 139%

10

12
76

...*

com..

*

3%

4

156

VA
Sale
o

160

,0^
18%

153

1
Sale

155

% Dec. 21
7
16% Dec.
153

49% Sale
48%
51% Sale
30
31
30%
31%
30%
25% Sale
23%
24%
20%
119
120
112
116% Sale
10
8
8%
7%
9%
78

2%

95

3%

78

Dec.

5
1% Dec.
18% Dec. 23

15 155

5
Dec.
5
Dec.
Dec. 22

Dec.

53%
30%
25%
5 120%

Dec. 29

9

Dec. 29

Dec. 15
5
Dec.
1
Dec.
Dec. 15
Dec.

7

90

2%

3

4%
5%
1%
8%

Sale
5%
1%
9%

13%
39%
25%
20%
93%
8

June

Apr.
Sept.
Sept.
Dec.

8

14% Oct.
3% Jan.
5% Jan.
30

21

Nov.

11
8

15
11
4

Oct.

21
3% June 27
12% Dec. 30
Jan. 17
Jan. 17

15

iS*

20% Nov. 12
29% Oct. 15

30%
124%
12%
79%

Sept.
Dec.

73% Mar.
2% Dec.

Oct.
Oct.

July
July

19
21

Nov. 12

Nov. 14
Oct. 13
Dec. 15

28

June 28
Feb. 25

18% Sept. 2
37% Feb. 18
July
6
20% Jan. 11
160
Sept. 7
54% Oct. 13
33% Oct. 24

Dec.

126

Nov. 10

July

Jan.

IX
17%

80

?

Mar.

Mar.

Preferred

10,350 Wahl Co com
*
43,398 Walgreen Co com
*
3,750 Ward (Montgom) Ac Co cl A.*
21,782
Common
*

10
Aug.
9

15% Dec. 29

Mar

Dec.

1%

86

5%
17%
90%
13%
114%
172%

63 X Mar.

Nov. 12

19% Aug. 24
2% Apr. 18

1

90

Dec.

Sale

\l»

14

9

14%

28

21

19

Sale

2% Sept. 1
24% July 26

Dec.

2% Dec. 14
1
3% Dec.
28% Dec. 19

4

13% Jan.
79% Oct.

8% Dec. 27
16% Dec. 20

Sale

Jan.

25
1
31
25
30

Dec.

6

9

%
18%
15%
6%

July 20
July 26
Aug.
6

72
8

Nov. 10
Dec. 15

2in
a*

Sale

Sale

15

Dec.

90

111% Sale

1%

152

Jan.

Mar.

13

76

12%

a*

Dec. 29

Apr. 14
117% Dec. 28

1

25

9%
16%
18%
1%
Sale
103%

o

22,550 Utility 8c Ind Corp com._.._5
23,860
Convertible preferred....7
1,200 Viking Pump Co common
*

5

July

9

20

11

100

Utah Radio Products com..*

Dec.

3

Dec.

10

10

29

11% Dec.

75% Dec. 15
1
2% Dec.
26* Dec. 19

10
12

1% Sept. 19
14% Dec. 31
10% July 23

16

Mar.
Jan.

Dec.

72

12%
2%
3%
28%
9%

28

15

Mar.

20

1
1% Dec.
19% Dec. 20

23

13

Mar.

28% Dec. 15
2% Dec.
6
1

Oct.
Jan.

4% Jan.
1% Jan.

Mar.

28

26% Dec. 12
1% Dec. 20
% Dec. 20
9% Dec. 20

8% Dec. 27
5
71% Dec.

Jan.

Apr. 26
16% Aug. 27
9% Jan.
6
18% Oct.
6

Dec.

6

7 117% Dec.
Dec. 20 150
Dec.

12% Dec.

4

3

Stewart-Warner Corp com..5
Storkline Fur

25

10

1

com

21%
24%

June 25

Sept.
May
Sept.
July

5

1% Dec.

Dec.

15% Sale

Stein & Co (A) common.._._*

Sterling Brewers Inc

23
73

2

common

St Louis Nat Stockyards cap »
Standard Dredge conv pref20
Standard Gas & Elec

27
10

9

72% Sale
2% Sale

4

Signode Steel Strap Co pf.30

21%

25%

1

29

July
Sale

17
40

41

Dec.

99%
2%
19%

8% Dec. 10
27% Feb. 15

Mar.

Mar.

Apr.
Apr.
Sale

20
19

Feb.

13% Nov. 28
8% Jan. 15
17% Nov. 25
46
Aug. 23
19% May 10
12
Sept. 14
19% July 25

May

21

82
116

25

3% Oct.
10

Dec. 31

38% Dec. 31
27% Dec. 16

14%

34

24

26 X July

Mar. 29 105
Nov.
1
Nov. 16
19% July 25

8

16

Sale

1

1

Mar. 30

1% Apr. 29
6% Sept. 24
10
Oct. 14
5
Mar. 29
8% Mar. 31
18% Apr.
5
8% Mar. 30
10
May 25
13% Sept. 26

8% Dec. 10
26% Dec. 13

Sale

81

Sale
126X 142
17
17 X

99

12

96

2

26%
3%
X
12%
%
10%
30

IX

*
60

9

105

_____

10

14

13,754
25,910
14,580
9,685

Dec.

21X

Bend Lathe Wks cap 5
500 Sou Colo Power A common. 25

13,780
4,300
13,850

14%
4%

13

15
1

17

36

*

-13,850 South

1.441
1.140
17,600
33,450
3,955
9,969
1.020
2,800

50

13%
3X

.50
com

..............I

Slvyer Steel Castings

1938

Sale Prices

14

12%

26 X1
15

5

....

com

Sangamo Electric Co

YEAR

Lowest

Ask

Rollins Hos Mills—

800 Ross Gear & Tool

5,550
17,950
40,570
28,750
1>610
4,920
1.590

560

""600

15

'isx

*

5% 1st preferred
5% convert 2d pref

96,640'

20

Sale

"16%

1

14,972 Quaker Oats Co com
•
2,860
Preferred
ISO
3,250 Rath Packing Co com
10
22,800 Raytheon Mfg Co com vtc 50c
11.800
6% preferred v tc
5
4,720 Reliance Mfg Co Common. 10
200
Preferred..
........100

50

1,697
1,565

13%

48

16

5

Poor & Co class B

5,440 Process Corporation

73,060

180

11

8

Perfect Circle (The) Co.....*

100

3,400
9,250
7,800

5,185

Sale

31

100

12,170 Potter Co (The) com....
1
23,860 Pressed Steel Car common..1

10

7,700

Sale

16 X
41

•

;.

Preferred

3,500
4,580
17,934
3,465

10

3.650

6%

12

Pennsylvania RR capital-.50

__

400

13%

34

10,540 Peoples Gas Lt & Coke caplOO

,

7,900

~12%

10%

*

Elec A com

130 Pub Serv of Nor 111
50
Common..

40

Sale

7

7

32

Convertible preferred....*

150

1,040

Sale

2X

14

—*

7,500 Penn Gas Be

100

Sale

22

2%

Dec.

Ask Bid

100

Common

60

300

2 %

3,500 Parker Pen Co (The) com..10
11,965 Peabody Coal Co B com
•
.190
6% preferred
..100
7,200 Penn Elec Switch conv A.. 10

"4", 200
3,663
290
700
3,250
780
2,800
5,630

Sale

Bid

Oshkosh B'Goah Inc—

„

210

v t c com

Dec. 1
Ask

2%
*

com

90 Okla Gas & El 7% pref
650 Ontario Mfg Co com

"""ioo

RANGE FOR

Price
Jan. 3

Par

400
12,450

EXCHANGE

PRICES IN DECEMBER

STOCK EXCHANGE
In

STOCK

Aug. 24
Nov. 12
Jan.

15

Feb.

3

July

25

2% Dec.

8

2% Mar.

5

5

1

3% May 27
2% Mar..30

5% Nov. 14

Wisconsin Bankshmres—

11,600
3,200
1,550
1,530
7,525

45,200
20,900
6,600
14,127
216,120

♦No par value.




4% Sale

Common

Woodall Indust

com

2

Yate8-Ame* Mach cap......5
Yellow Cab Co Inc (Chic)..*
Zenith Radio Corp com

*

t Formerly the Cord Oorp.

5

3

SM

3

bH

10%
13% Sale
a

Sale

5

9% Sale
19

Sale

20

Sale

4%
4%
1%
8%
17%

Dec. 22
2
Dec.
8
Dec.
28
Dec.
Dec. 13

Dec.

5% Dec. 28
1% Dec. 23
3
9% Dec.
20

Dec.

11/

TA/v/*

15

Includes 528,300 Commonwealth Edison rights traded during month.

5% Nov. 14
2% July
12% Jan.
25% July

x

Ex-dividend.

5
12
7

RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE
Stock Sales

Shares_

594,502

BALTIMORE
STOCK EXCHANGE

SALES

Bond Sales

1938

Jan. 1 to Dec. 31

....

PRICES IN DECEMBER

1937

$223,900
1,594,700

December

83,509
858,504

91,841

Jan. 1 to Dec. 31...

AQQREQATE

1937

1938

December

$125,350
1,961,150

RANGE FOR

YEAR

1938

Price

In

12 Months

December

1938

BONDS

$

BALTIMORE CITY BONDS—

Jan. 3

100 3%» Public Impt

Dec. 1

1938
Ask

Bid

Bid

Dec.

Ask Bid

31
Ask

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

1940

101

400 City 4s 2d Water Serial.. 1947

114

_

Jan.

10 101

Jan.

4s Dock Impt
4s Jones Falls

1961

May 24 114
11634 May 24 11634
11633 May 24 11934
12034 July 25 122
120
May 24 120
12034 June 22 12034
12034 May 24 12034
12434 May 24 12434
118
May
4 12434
11634 Jan. 26 12234
122
May 24 122

4s school house

1961

117

4s Sewerage impt.-.1961
2,200 3%» New Sewerage Imp..1980
11,400 Atlantic Coast Line 5% ctfs..

118

Jan.

17 126

June

112
85

Jan.

17 117

June

400 City 4s Annex Impt
1,700 City 4s Paving

2,500 City 4s Annex I

1,000

1951
1951
1954

600 City 4s Public Park

1,000 City 4s 3d Water

300 City 4s School House
2,000 City 4s Conduit

119,000
41,900

1,030,050
267,450

22,500

35,000
25,000

2,000

6,433
744

2,007

1975

B 5s

4,000 Benesch&Sons Co Inc 6% 1939
109.500 Finance Co of Amer 4% .1942
.

87,500
4%
3,000 Fla Southern RR 4%
2,000 Interstate Co 4%%
3,000
5%
3,000
5%.
3,000
5%.
3,000
5%.
2,000
5%.
2,000
5%

1st Preferred

213

23

▼

3,865

99

10034 101
96

97

993-1
9934
9934
9934
99-34
9934

.1945
.1948
.1949

.1950

Dec.

27

6,277
133

15*4

16

20
26

Sale

Sale

10034 101
9634
97

5% preferred

.100
com

50c

1.50

Class B

410 Guilford Realty Co com
Preferred.

27

Jan.

15

85

Feb.

24

10034 Dec.
96

Dec.

Dec.
5
7 101
9634 Dec. 22

7

9934 Dec. 20

9934 Dec. 20

Sale

20%

31

28
Sale

Sale

33c

1.50

71 %

19%-Dec.
25% Dec.

3
5

21 % Dec. 15
30% Dec. 29

45c

30c

Dec.

9

50c

1.10 Dec.

20%

Sale

9

1.65 Dec.

100
t

t.

.*

100

45

2,100

Second preferred....

71

114

Sale

116

.....

17
Sale
36

92
9%

10%

20,570
2,911

111,893
29,580
5,280
2,661

.......

22Vs Dec.

1

7%
5%
14%
112
31

10%

Sale

17

Dec.

2

Sale

70

72

Dec. 30
Dec.
6

115
115
Sale
8% Sale
7%
4
5)4 Sale
11
12%
14%
112
Sale
116 % 119
32
35
30%
10%
11M
10%
11%

8
6

.....

Dec.

19

Dec.

29 117

Dec.

14

8%
5%
Dec. 28
15%
Dec.
1 119)4
32
Dec. 13
Dec. 28
10%
Dec. 28

14%
%

15%

"""248

1,762

57

1,100
288

Preferred

100

2

Preferred

274

com

Pref

393 Seaboard Comm'l
288

138,704

110
No par value,

com

5% preferred
US Fidelity

A Guar

862 Western National Bank
x

Ex-dividend.




2%
2 >4

19%

3

17% Dec. 21
40c

Sale

88c

19

Sale

9

Sale

Dec. 30

8% Dec.
55c

Sale'

1.05 Sale

1.30

1.50

Sale

1.10

1.30

1.40

7

Dec. 30

1.00 Dec.

1

1.00 Dec.

1

31% Dec.
1% Dec.

Sale

Oct.

9934
9934
9934
9934
9934
9934
10034

9634 Nov. 17
June 24

68

11 101

Sept.10

Oct.

11

9934 Sept. 10

Mar. 22 101

Nov.

Feb. 16
Jan. 27
Feb. 23
Dec. 20

Feb.

16

Jan.
Feb.

27
23

Dec.

20

May

25

14% Sale
26%

25

48

54

15

26)4

26)4

2
9

14% Dec.
1
25% Dec. 22
37

35

36%

40

11

11 Vs

11%

1.15

1.00

30

9934
9934
9934
9934

2 102

2

Feb.

2

%
9%
14%
92%
55%
112%

Mar.

6

June

73% July 25

Dec

Apr.
Sept.

15

9% May
9% Mar.
Sept.
1% May
42
May
11% Mar.
Apr.

1.50 Dec.

3

20% Dec.

14

93c

Dec.

7

9

Dec.

1

88c

Dec.

1

1.95 Dec.

9

1.75 Dec.

10

35% Dec. 30
2% Dec. 29

6*
1*
1

Dec

Mar.

117

17

Dec.

10

Dec.

2

93$

Sale
1%
97
Sale

1.10

10

Dec.

14

1.00 Dec.

2

84

Sale

81%

75

Sale

72%
111%

40

Sale
-----

83)4

83

Dec.

7

Dec.

31

1.25 Dec.

15

84

Dec.

1

12

20c
111

75

Dec. 20

20c

Dec.

20

72

Dec.

17

75

Dec.

1

2% Dec.
67% Dec.

%

13
19

2% Dec.

15

68

—.

7%

Dec

6

20

20

Oct.

8

119% Dec
35 * Jan.

17

Oct. 13
Mar. 11

V
Sept.

19%
28 %

Sale
32

16Vs Dec. 12
29% Dec. 27

2K Oct.
50

Oct.

20% Dec

14
24
24
14

7

May

Oct.

21

Dec

Jan.

Dec

Oct.
Mar.

June

Oct.
Mar.

aSB

June
Dec

59%
112%
2%
66

Apr
Oct
Dec

Jan.
Dec

7

8
8
20

2% Dec. 29
220
17

June

Dec

18
12

26% Dec
3
Jan.
47% Jan.
44% May
12% Oct.

27

Jan.

21

9

in

75*

2

11

17
15

Jan.
Jan.

3

Jan.

10

112% Oct.
4
July

7

18

5

72

Jan.

21

Mar.

64

Mar

7

12% June
34% Aug.
8% Mar.

38

20)4 Dec. 28
32

29% Sent.

33

9

10

17% Sale

8

Apr.

Dec.

50

Sale
34

13

Oct.

20c

64

13%
32 H

14

9% Oct.
10% July

June

72

Jan.

June 24

Dec

Apr.
1% Apr.

35

Nov. 10

10

21

37Vs Dec. 30

.Apr. 14

93c

June

18% Sept.
1% Dec.

26% Dec.

15

Mar.

Dec.

11

29

Jan.

2%
24%
23%
93%

Mar.

75% Mar.

\*

21% Dec
30% Dec

Apr.

27% June

100

20

June

19

39

10%
1%

*

2

12% Mar.
17

214

15)4 Sale
24

100

11 Real Estate Trust Co

23,409

Sale

88c

*

800 Phillips Packing Co

60

18

June 24

Dec.

Mills Com 100

38,587 New Amsterdam Casualty..2
54,780 North Amer Oil Co com.
1,357 Northern Central Ry...... 10
8,500 Owlngs Mills Distillery
1
3,791 Penna Water A Power com..*

"""200

Apr.

Dec. 31
7
Dec.
Dec. 20
Dec. 17

50

214 National Marine Bank

3,001

20

-----

8

7

i

548 Mt Vern-vVoodl

*

1.50 Dec.

L) Co com—1

6,043 Merch A Miners Transp
*
4,860 Monon W Penn PS 7% pref 25

370

"6~, 922

1

Common class A

60 Mercantile Trust Co

""735

15

92

9

100

w

1

Oct. 25
25 101
1 10134 Nov. 26

29

20% Dec. 28
14% Dec. 27

1

1st preferred

Rights

Mar.

Oct.
9634 Feb.

1

Sale

15

Sale

Dec.

100

45,465 Houston Oil preferred
883 Mfrs Finance common
5.068

2,661

Feb.

__

1534 Mar. 31

5

Martin (Glenn

2334 Jan.

15

14

101

9934
9934
9934
9934
9934

22

65

1

51

980

91

Mar. 29

14

100

22% Sale

*

E L A Power.—*

Mar Tex Oil

Apr. 29

Dec.

84 Ga Sou & Fla Ry 1st pref.100
135

3
7
10
17

2534 Dec.

23

101%

*

t c

1,967 Finance Co of Am class A-..5

30

Oct.

3 117

Par

510

"

7

24
22
24
24
25
24
24

78

2034 Dec. 22

9934

1951

393

25

18

Dec

May
June
May
May
May
May
May

68

96%

.1944

common

1,484 Davison Chemical Co

1934 Sale
2.134
2234
82%

Oct.

101

1941

17,304 Eastern Sugar Assoc com
1
Preferred
7,070
...1
6,081 Fidelity A Deposit
20
3,735 Fidelity A Guar Fire Corp. 10

671

Sale

22

846 Brager Eisenberg Inc com..50
55 Comm'l Credit 4%% pref.100

10,483 Consol Gas

302

4,399
1,695

20

Sale

1947

STOCKS.

17,591

533

Sale

25

1945

39,602 Arundel Corporation
*
1,973 Atlantic Coast L (Conn)—50
8,314 Bait Transit Co com ▼ t c...*

11,373 Black A Decker

""636

23

..1975

1,030

7

1961

A 5s flat

2,003i

Dec.

1958

Bait Transit Co 4s flat.. 1975

Shares

7 122

1958

21,000 Read Drug & Chem 5%s_1945

Shares

Dec.

1957

2,300 City 4s Water Serial
1,100 City
100 City
100 City
5.500 City

122

1955

1955

coup

10

May 24
May 24
May 24

Dec.

2

13% Oct.
Nov.

20% Dec
Jan.

21
1
28

7

«

Boston Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON BOSTON STOCK EXCHANGE
Stock Sales

1938

December

Shares_

Jan. 1 to Dec. 31

AGGREGATE

SALES

BOSTON

PRICES

1938

157,000 Bait Hail StRR
56,400
13,900

aerA

300

1,346
152,044
3,694

78

*
5u

First preferred

5®

\mer

Telep 8c Tel eg
j00
Assoc Gas & EI Co class A—1
6%

18,987

cum

pref

....>..100

Boston Ac Albany

100

30,184 Boston Edison Co

,100

17,116 tloston Elevated
too
13,349 Boston Herald Traveler
Corp*

787 Boston fit Maine
pref stpd_100
160
Common (unstamped).. 100

392

37

1,130

2,406

50

55

5,667
4,550

16,635

458

2,155
7,051

13,152

2,044
107

523

891

I,781

82

223

762

2,239

65

236

2,597

13,120
1.439
1,650
20,217
1,107

10
8

996

765

1,931
140

Common

stamped

100

Preferred

1,170
1,471
3,650
2,885
6,745
I,883

28,964
2,140
6,278
14,743
II,178
19,192
8,663

2,490

3,771

Prior pref
100
Class A 1st pref stampediOO
1st preferred class A
100
Class B 1st pref
stamped 100
1st preferred class B
100
Class C 1st pref stampediOO
1st pref class C
100
Class D 1st pref
stampediOO
1st pref class D
100
Class E lsi pref std
100
—

1st pref class E
Boston Personal Prop Tr
Boston & Providence

Brown at Durrel Co

155

50

139
355

1,735

»

4%% Cum Prior pref

com

100

6% Cum preferred.....100
East Mass St Ry
Co...
100
First preferred

118

700
425

1,745
•

*

"*

Co

463

14,150
110,344

31,586

"¥,055
2,236
1,000
1,191
II,344

*

20
%

•
*
*

"*
1

1.25
ioo

2,015
200
487

6,638
1,090
8,551
400

921

2,086
200

.

Quincy Mining Co

25

Reece Button Hole Mach..10
Reece Folding Mach Co
10

Shawmut Assn T C.
Stone 5c Webster Inc cap stk
Suburban Elec Secur com..

5,159

....5

Preferred

25

1

Corp__io

1,107 Vermont & Mass Ry Co
100
7,539 Waldorf System Inc.......*
15,609 Warren Bros...»
808 Warren (S.D.) 8c Co com

Ex-dividend.

49

Mar. 31

83

Dec. 28

Dec. 31

50

1
1

Dec.

31

55

Apr.
Apr.

88

Dec.

94

Dec.

6

Feb.

6

130

75

Sale

54

Sale
Sale

18

2

2%
2

Sale'

1%
5%
1%

—.

1

Sale

Sale

1%

IX Sale

3%
3%

—

I*

~6-

1%

5

12

32c

1

99c

Mar. 23
Dec. 16

80c

1% Dec.
Dec.

12

11

Mar. 29

16

55c
12

Dec.

"2%

50

Sale

%

17

Dec.

Dec.

80

1

73% Dec. 14
82% Dec. 30
Dec. 31
125% Dec. 10 130

Sale

Sale

Sale

Sale
Sale

53

16%
1%

Sale

16

Dec.

76

80

82%

Sale

—

16

Dec.

11

150% Sale
145% Dec. 21 150% Dec. 31
% Dec. 21
1% Sale
1% Dec. 30
5
23% 24%
25%
24% Dec. 12 28% Dec.

Sale

—

Dec.

99c

1%

Sale

16% Dec.
% Dec.
% Dec.
1% Dec.
% Dec.

1

Sale

18

1

Dec.
Dec.

5

1% Dec.

1

27
17

%
2%
%
6%
2%
1%
2%
1%
2%
1%

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

1% Dec. 22
1% Dec. 12

3

19

13

Sale

4

Sale

2%

Sale

Sale

54

2

28

2%
%
6%
2%
1%
2%
1%

2%

19

Dec.

29

Dec.

21

1

Dec.

19

1

Dec.

6

1% Dec. 19
Dec.

1

21

1% Dec. 21

1
2%
1% Sale
1%
1%

12
80

1%
7

2%
Sale

12%
15

1%
z8%
%

Sale

17%
1%
Sale
1

Sale"

1%
1%
1%

Dec.

1

1%
3

20

2

9
28

2

21
Nov. 16

May 27
110% Mar. 30 150% Dec 31
June
1
1% Apr. 18
17
June
9
29% Nov. 9
62
Jan.
Sept. 30 94
6
Mar. 31 108% Jan. 14
60
108
Apr.
1 134
July 29
47% Oct.
3
May 10
13% Mar. 31
Jan. 13
% Dec. 28
Jan.
5
Oct. 26
% Dec. 27
1% Dec. 17
July 22
Feb. 25
H Dec. 29

31

4

31

1

Sept. 28

23

1

Mar. 16

31
31

1% Dec. 19
1
Sept. 28
1% Dec. 21

4% July 25
7
3% July
4% July 22
3% July 20
4
7
July
3

28

Dec.

21

Jan.

5

28

1

Dec.

Dec.

31

1% Dec.

13

Dec.

1

1%
1 %
1 %
1 %
8%

Dec. 22
May
5
Nov. 21
Nov. 21
Apr.
5

13% Nov. 10

13

Dec.

75

I

July

65

3

4%
35c
3

5

Sale
70c

20c

Sale

Sale

49%
26%

50
27%

90c

1

25
Sale

3%
3

2%

05%
2ac

Oct.

"16""

12

Sale

10% Dec.

22

Sale

13

1%
1%
8% Sale
1
%

5% Sale
%
%
1% Sale

20

Sale

24

11%

Sale

12% Sale
1%

Dec.

5

1% Dec.
7% Dec.

2

25c

Dec.

28

5

Dec.

7

22% Dec. 31
2
1% Dec.
6
8% Dec.
26c

Dec.

22

AX

Sale

Sale

1

1% Dec.

Dec.

1%
24%
12%
2%

Dec.
Dec.

15c

1
Dec.
Dec. 31
Dec. 31
7
Dec.

Dec. 30
Dec. 29

Sale

67

Sale

48

Dec.

67

12%

Sale

20

Sale

12% Dec.

20

4

Sale

3%

Sale

3% Sale
5

Sale

20

24

16

20

18

24

11%
15%
27%

15
16%

14

16

14

2
7%

3

1
4% Dec.
5% Dec. 31

Dec.

Dec.
Dec.

20%
31%

Sale

7c

10

9

2

1%
20

1%
6

6%

8%
2%

3%

45c

27c

50c

25c

55c
50c
20

22

"18"

5

5
22

1%

15

2

13%
2

25c
24

3%
12%c
1%

Sale

24%

4

4

25c
1%

1%

2%
15%
Sale
18
Sale
25c

Sale
Sale
10c

2%

24

"30c"

Dec.

7

21

35c

%"Dec"

7

~"i%
13

5%

42c

14

1%
65c
30c

30c
15

20% Sale
2%
2%
19
23%
2%
2%
9%
10
Sale

26%

Sale

1%
51

25c

35c

19

20

Sale

"1%

35c

20c

8

Dec.

12

5% Dec. 31
17% Dec. 30

Dec.

2

8c

Dec.

8c

1

7

Dec.

15

20

10

Dec.

1% Dec. 29

10%
13%
65c
40

n
Sale
Sale
1
Sale

27% Sale
11c
24

25c
25

xl01%Dec.

7%

42

_%

65
7

3

% Dec. 21
25c

Dec.

20

16

1

30c

Dec.

16

24c

20c

Dec. 30

3%
18
2

10%

16%
80c
40
25

5c

Oct.

21

1% July 18
4% May 16
6% June 13
Dec.

10

1% Mar. 22
18% Mar. 30
3% Oct. 29
5c

June 27

1% Jan.
81

Dec.

3

55

1% Dec.

7
31

Dec. 30

4

Sale

11% Dec. 13
5
19% Dec.
6
2% Dec.
16

Dec.

27

6
1% Dec.
9% Dec. 28
5
12% Dec.

1% Dec. 31
65c

Feb.

24

3

Jan.

3

May 14
30% Jan. 21
7
2% Dec.
67

Dec.

20

Dec. 29

30

34
5c

11

19

Jan.

26

3% July

6

22

2%
26c

28
6
15c

2%

68

2%

2

Dec.

12

11

Dec.

6

17% Dec. 29
Dec.

66c

Dec. 28

66c

40

Dec.

26

24% Dec. 24

46% Dec.
27% Dec.

11c

1

12c

Dec.

27

5

20c

47%

1

1

Dec. 16
Dec. 16
Dec. 30

16

12c

Dec.

28
7
9

27

9% Mar.
May
June
Sept.
Dec.
8
May
5% Mar.
50c
Aug.

30
3
2
22
6
31
29
3

32

Nov.

7

17
11c

Apr.

1

13%
1 %
12%
1%

Nov. 16

28

Feb.

8
Aug.
7
60c
July
% Jan. 14

70c

Dec.

21

5% Aug. 11

60

Dec. 30
Dec. 31
2
Dec.
Dec. 17

Oct.

40

9

37c

Nov. 14

8
1% Dec.
8% Dec. 21

June

13%
24%
3%
17%

16

Jan.

15% Nov. 17
7
21% Dec.

Dec. 20

30c

30

1
4% Dec.
5% Dec. 31

25c

2

I

52

23
28
Mar. 31 109%
10
Nov.
5

Dec.

June

70c

Dec.

Sept. 21
% Dec. 21

6

May 31
7% Jan. 11

9

30

Dec.

75c
73

4% Sept. 13
II
Sept. 14
8c

Jan.

1 % Dec.
2
10% Oct. 17

18

Tune

10

1

1% Nov. 21
1% Nov. 21

2

31

55

28

Apr.
15% Sept.
% June

7

Dec.

55

18

3

25

Feb. 23

27
Jan. 15
Aug. 26
Jan. II
July 21
July 25
5
Feb.
Jan. 18
Feb. 23
July 25
Mar. 18
Feb. 21
Jan. 12
Jan.

Dec.

31

Oct.
Jan.

24
5

3% Jan.
60c May
19% July
24% Nov.
4% Oct.
20

Jan.

27
7
19
10
17

7

2% Feb. 17
12% Oct. 26

17% Dec. 29
91c

Jan.

1|

46% Dec.
28% Oct. 24
25c

Feb.

18

7%
4%

23

"24""

22

Dec.

9

24

Dec.

9

15

Apr.

25

26

Nov

85%

Sale

81

Dec.

1

87

Dec.

17

50

Mar. 29

87

ODec,

17

42

Sale

50c
7

3%
21%

1VA

Feb.

15% Apr.
23% Apr.

Dec.

14

Dec.

Sale

i

13

Oct.
Apr.
Sept. 28

106% Dec.

Dec.

70c

Sale

Sale

17

15
18
18
10

Feb.

5% July
3% Feb.

54

13

3%

July
Apr.
Apr.

Sept.29
6
9
7

4% Dec.

24

3%

%
13%
3%
1%
2%

20c

2% Dec.
15

2

Sale

AV*

9

20c

Dec.

1% Dec.

Sale

c

23

Dec.
Dec.
Dec.
Dec.

40c

5c

Sale

20
Dec. 20

Mar. 31

3% Dec.

59

14
9

Dec.

1

2%

Sale

60c

20

"55"

Dec.

19

% Dec.

Dec.

1%
13%
4%
14%

1

4

Sale

Dec.

1

17

9

1

Sale

15c

15

24% Dec.

22%

24

4% May 21

Dec.
Dec.

Dec.

21%
3%

5

20
5% Mar. 30
% Sept. 10

Dec.

26

% Dec.
35c

f»ec. 21

30

13

Sale

3%

8

Dec.
Dec.

Sale

21

41

Sale

Sale

50c

50c

Sale

7%
3%

Dec.

14

Dec.

4c

2

75c

38%

1%

Dec.

Dec.

1%
8%
8%
2%

55

81%

1

15%

10c

44c

71% Sale

I66T 107"

1

22

14

5c

7

59
1% Sale

50

Sale
5

Sale

16

14
13%
*101% Sale 106%

55"."

4%
3%

31% Dec.

20

10

'"£% "2%
42c
Sale

Dec.
Dec.
Dec.

1% Dec.
5% Dec.
6% Dec.

50c

25c

12

'99% Sale"

20

5c

l._
6%

5%
7% Sale
3%
1%

29%

1%

13%

Sale

25

18

31

5c

29

28c
45c
18

21%
32%

Sale

20

12

20

17

1%
6%

3

2

25c

Dec.
Dec.

17
9

5% Dec. 28

48

90c

Corp...52

79,264 Utah Metal Ac Tunnel.
714 Venezuela Holding Corp

x

Dec. 28

83
88
94

9
7
8

Dec.
Dec.

32c

60c
12

Sale

10
91c
35

referred

23,436 T rrington Co
(The; -III"". '
2,080 Union Copper Ld & MIn Co 25

No par value,




ioo

"l00
II11.50

300 Venezuelan-Mex Oil

""253

j.ro

...

3,474 Union Twist Drill
45,045 United Shoe Mach

148%

1%
10

Sale

H)...11.100

Pennsylvania RR

2d

3

100

.100

Certificates of deposit—
3,629 Old Dominion
Co...
25

474

7,582

com

Pacific Mills

Highest
Sale Prices

78% Dec.

Sale

32c

13

80

preferred...I.Il00

3,619

50

3,484

cum

N Y N H & Hartford
North Butte

8,790 Old
Golony.

312

40

755

6%

10%
3%

60c

1% Sale
11

I*

(Boston)

79 Northern RR
(N

7,554
50,330
18,992
1,816
1,488
30,474
62,369
2,182

865

•

...

•

38

45c

127%

2

4,545 National
Tunnel & Mlnea—*
850 N E Gas &
El Assn pref
*
29,320 New
England Tel & Tel
1100
156 New River

5,276

3%

6

l

80

Lowest
Sale Prices

78
88

88%

Sale

20

Preferred H%
—100
14,196 Mass l/tU
Associates v t c
*
3,000
Mayflower-Old Col Copper.25
12,307 Mergentna er
Linotype
.*
87.790
Narragansett Rac'g Assn Incl
2,914 Nat Service Co

1,416
5,257

2%

Iioo

829

196

3,424
100

19

_1j0

I"
tr"ctfsll

3,839 Maine Central

1,785

48%

.100

Button Hole Mach Co. 10
20,102 Bis Royal
Copper
15
642 Loew's
Theatres

""420

121

25

25

Eastern Gas at Fuel Assn

3,360 Helvetia Oil
Co
75 Int'l

225

Highest
Sale Prices

100

4,458 Gilchrist
Co
16,860 Gillette
Safety Rasor Co
2,054
Hathaway Bakeries cl A
988
Preferred
6,350
Class B

3,468

1938

Lowest

83%

88

75%.

94

70

35

preferred

796

82

Sale

23

92%

100

common.

Calumet at Hecla
Cliff Mining Co

3,208 General
Capital Corp
65
Georgian Inc (The)
2,698
Class A

420

YEAR

Sale Prices

Ask

78

Sale

85

10

Economy Grocery Stores"II*
17,558 Employers'
Group Assoc T C*

290

80c

1%
2
12%
19%
143% Sale

*

436

"1,914

79

100

Preferred B__
9.440
Adjustment
22,414 Eastern SS
Lines. Inc..
726
Preferred

4,874
10,215

55c

ioo

55 Conn at
Pas Rlv pref.
Copper Range Co
Bast Boston Co

"3",708

RANGE FOR

Par

preferred

881 Blgelow-Sanford
Carp com..*
952

30
50

Ask Bid

Bid

87

72%

1948

STOCKS
non-cum

62%
80

1948

4mm Pneumatic Service

6%

Ask

60

4%a 1948

Serlea B 5a
Seriea D 4a

10,942
7,271

3,075
5,380
2,035
2,320

DECEMBER

Dec. 31

Dec. 1

1938
Bid

7,018
2,882
10,448
1,436

226,300

—

Price

BONDS

Shares

Shares

IN

$14,000
483,350

Jan. 3

$

55,000
2,400
2,350

1937

$59,750

Jan. 1 to Dec. 31

6,606,434

12 Months

December

1938

December

548,952

STOCK EXCHANGE
In

Bond Sales-

1937

669,749
6,410,553

43

42

Dec.

2

47

Dec.

21

38% Jan.

47

Dec.

21

60c

80c

60c

Dec.

5

80c

Dec.

16

55c

Mar. 30

2% Dec. 31

40c

Sept. 14
Oct. 27

2% Sale
7
68

6%
3%
22

2

Dec. 31

6

70

7%
4

5
66% Dec.
6% Dec. 22

3

Dec.

13

22

Dec.

15

67

Dec.

5

7% Dec.

5

"3% Dec.

6

22

Dec.

15

3

.

.

.

17

1% Jan. 10
2% Dec. 31
7% Nov .23

Jan.
56% June
9 103
8% Jan.
5% Mar. 30
1% }Vlar. 31
4% July
19
Sept.
1
26
July

7
6

15
19

Pittsburgh Stock Exchange
MONTHLY AND YEARLY RECORD
\

RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE
Stock Sales
December.
Jan. 1 to Dec. 31

AGGREGATE

.......

PITTSBURGH
STOCK EXCHANGE

SALES

In
December

12 Months
1938

$

Dec. 1

1938
Bid

*
12,534 Allegheny Ludlum Steel
353
Preferred
...100

5

Ask

Bid

1,686

1108%

Ask

460

.......

17,004
39,414
100

100

906

37

Preferred........

6,415 Devonian OH
..10
27,675 Duqueane Brewing.........5
988 Electric Products....

10

541

27,059
2,769

1,121
597
200
100
350
550
417
697
350

Preferred

8c Coke pref. 100
Lone Star Gas
*
McKinney Manufacturing..*
Mesta Machine
... 6
Mountain Fuel Supply
10
Nat Flreproofing Corp com.5

760
289

Sale

Sale
4
8% Sale

7%
6% Sale
25c

7
19
12 %

7

19%
Sale
10

8

70c

18

10%

85

681

44,210 Phoenix Oil com.........25c
5,500
Preferred
...1
4,907 Pittsburg Brewing
4,083
Preferred
•
760 Pittsburgh Coal Co com..l00
200
Preferred...
100
3,546 Pittsburgh Forcings.......1
1,721 Pittsburgh Oil 8c Gau
5
8,050 Pittsburgh Plate Glass
25
22,658 Pitts Screw 8c Bolt Corp.... •
3.568 Pittsburgh Steel Foundry..*
Preferred

255

7,360
570
3,215
690

6%
7

9

18%
12

6
18

12%

10

12% Sale
90c

Sale

9%
85c

Dec.

5

Sale

40c

Dec. 21

Dec.

6

6% Dec. 19
6% Dec. 22
72% Dec. 30

Dec.

6

7%
Sale

9

18%
14
10
90c

Dec. 10
Dec. 31
Dec. 15
Dec. 29

Dec. 31
Dec. 30
Dec.
5

5
25c
Dec.
1% Dec. 23
25% Dec. 16
9
7% Dec.
18
Dec. 24
7
11
Dec.
6

75c

11% Mar. 31

27% Dec. 30

Sale"

25c

7
85c

Dec.

5

Dec.
Dec.

16
9

De

24

Dec. 28
Dec. 29
Dec.
1

Dec. 29
Dec. 28
7
Dec.

Dec.
Dec.

3

1
3

1
35,781 Shamrock Oil 8c Gas
105
6% preferred...........100
6% Preferred
10
1,519
*
1,654 Standard Steel Spring

5
9,517 United Engine Ac Fdy
3,552 United States Glass........1

20

25

25

Sale

10014 Sale
7 % Sale

68
9
65c

70
Sale
Sale

5

Sale

2%

2%

20%

"I"

70

8%
50c

72
9

60c

4%
5
2% Sale

19%:::::

50c

Dec. 28
Dec. 14

25

2
Dec.
Dec. 22

15
63

Feb.

Oct.
Mar.
Mar.
Mar.
Mar.

40c
Dec.
3 % Jan.

29% Nov. 12
Sept. 8

15 110
4
6

30
29
30
30
21

Jan.

7%
58%
19%
15%
1%

73

Dec. 10

75c

4% Dec. 27
2% Dec.

9

Dec.

8

24

Dec. 31
Dec. 14

63

Dec.
8
9% Dec. 14
Dec.
1
Dec.
2% Dec.

1
2

Dec.

8

5

24

20%

Sale

2%

22%

29

2

27%

2%
29

2% Dec.
2
26% Dec.
6
5
Dec. 24
20

1% Sale
Sale

86 X
7

7X

11

1%
2%
104% Sale
8% Sale
...

10

...

7%

10
45

60c

2%

85c

3%
10
2c

lc

2c

lc

2%

2%

65c
5
lc

2% Sale

100
7

52

Sale

7%
9
30% Sale
1% Sale

75C

7% July 21
9% Oct. 17
72% Dec. 30
25c
Aug. 29

June 14

19
7

Jan.

29

16% Sept. 28
8
Apr. 16
6
5
70c

Dec. 29
Mar. 26
Feb. 15

2% Jan.
30% Aug.
7% Oct.
20
Feb.
14
Jan.
9% Mar.
20
Oct.
95c
July
32% July
12% Apr.

15% Mar. 30
11% Jan. 22
Nov. 9 107
Dec. 28

15

Nov. 21

24

Sale

24

60c

Dec. 22

lc

Dec. 21

7
2% Dec.
40
Dec. 16

22% Dec.
65c

1

Dec. 22

3% Dec.

5

35c

40c

lc

Dec. 21

2% Dec.
1
50
Dec. 29

1

Sale

28% Sale

100% Sale

117% Sale

25

19% Mar. 30
5

20

4%
1
56

4%
5%

15%
60c
2

Jan.

Sept. 23

lc

Jan.
Dec.

14

Dec. 27
25
Dec. 15
25c
Dec. 27
7
1% Dec.
26% Dec. 10

35c

26%

25c

1%
3
30% Sale

111% Dec.

28
9

3

Jan. 24
Jan. 15
July 26
Feb. 18
Oct. 25
Jan. 12
Nov. 12
Mar. 9
Jan.
8

Jan.

10
12
3

July
Nov.
Apr.
Oct.
Jan.
Oct.

18
16
2
25
3
17

30

Jan.

Nov. 14
Oct. 24
Nov. 25

July 25
Jan. 10
Oct. 29
14% Jan. 20
4

3c

1

4

16

70

Mar. 31

2
22
20
28

Jan.

27

6

1
18

3

6%
24%
Mar. 25 11%
1%
July 22
114%
Apr.
May 27
9%
Dec.
9 11
Aug.
9 45
Mar. 30 25%
Dec. 22
1%
Dec.

1% Apr.
40

25
5c

Nov.
Feb.

4
8
7

J 7c

Dec. 24

Sept. 28
6% Mar. 25
Dec. 21

June 30
Jan. 12
Mar. 16

7% June 25
Oct.
5

24

39% Oct.
1% Jan.

2

22
50c

Dec. 27
Dec.
1
Dec. 12
1% Dec. 13
31% Dec. 29
120% Dec. 15

35c

Dec.

27

1

25

Sept. 26

45

25c
1U

Dec.

14
14

Oct.

Jan.
Feb.

34% Dec.

1

45c
3

"
Mar. 31

5
32

"27"" Sale
65c
'4

22
6
19
15
16

5%

35c

60c

Dec.
Dec.
Dec.
Dec.
Dec.

2

13

Feb.

9

2c

2%
50

Dec. 24
Dec. 27

40

50% Apr.
4 73%
105
68% Dec,
6% Mar. 31 10%
50c
Nov.30
1%
27% Mar. 30 44
6%
4% Dec. 27
3%
1% Mar. 28
1
May 18
1%

40

2% Dec. 27

2%

5
20

8%
8% Dec. 13
1% Dec.
7
1%
100% Dec. 28 106
8
Dec. 23
9%
7%
5% Dec.
9

20% Dec. 12

22% Sale

1%

Dec. 27

2% Dec. 14
27% Dec. 14

8

10
31
25
10
8

5

72% Dec. 30
25c
Aug. 29
1% Dec. 23

2c May

3

Dec.
Dec.
July
Nov.
Jan.

Mar. 30

5

5c

Voting trust certificates..l

3,145 Vanadium Alloy Steel......*
1
28,944 Victor Brewing Co
*
620 Waverly Oil Works A.
40,466 Westtnghouse Air Brake...
80
13,272 Westghouse El Ac Mfg..

2%
4%
24%
10%
6%

107

100

*
3.544 Reymer Ac Bros common
..5
353 Ruud Mfg
50,193 San Toy Mining............1

738

55c

29% Dec.

3,974 Plymouth Oil Co...........5
1
11,560 Renner Co

"200

Highest

Sale Prices
Mar. 10 111
Mar.
4

xlOo

5

...

2,493
3.189

75c

—

2

5
Dec.
7
Dec.
2
Dec.
Dec. 20
Dec. 13

16% Sale
60c

24% Dec.
2%
6%
50%
15%
11%

58% Sale
12%

1 %
3%

411 Penn Federal Corp common.*
100
4H% Preferred
....50

37

"393

26% Sale
113

100

8,893 Koppers Gas
70,103
19,725
3,596
76,018
39,871

id

25 % Sale
108%

Sale

211 Jeannette Glass preferredlOO
372 Jones 8c Laughlln St'l pref 100

120

6,578
5,800

32 %
12

*

5,754 Pollansbee Bros pref
100
36.580 Port Pitt Brewing
..1
843 Herb-Walker Refrac com.. *
225 Home (Jos) common
100

75

Lowest
Sale Prices

107

*

451 Copperweld Steel
......10
462 Crandall McK 8c Hend
•

123

1,140

17% Sale

760 Consolidated Ice common..*

2,230

85

1,464

.......10
...*
*
Byere (A M).—
*
Carnegie Metals............1
Clerk (D L) Candy
•
Columbia Gas Ac Electric. ,♦
6% preferred
100

3,598
111,009

10

Highest
Sale Prices

108%

Preferred......

16,631 Armstrong Cork Go
24,544 Blew-Knox Co

100
510

Lowest
Sale Prices

Dec. 31

Ask Bid

2,169 Arkansas Net Get Corp ,...*

884
290

1938

STOCKS

1,013

21,621
1,462
6,185

RANGE FOR YEAR

PRICES IN DECEMBER

BONDS

Shares

248

$ii~666

Jan, 1 to Dec. 31.

Jan. 3

14.000 Pittsburgh Brewing 6s...1949

4,904

$1,000
25,000

Price

$

Shares

1937

December

140,724
2,541,098

109,161
1,373,537

1938

Bond Sales

1937

1938
Shares.

35c
27
40c

Aug. 25

1
7
15
Dec.
7
2% June 30
Mar. 3l
33
Nov. 9
15;
62% Mar. 31 124% Nov. 12
28

65c

UNLISTED.

1,641
*

2,015 Lone Star Gas *%% pref. 100
8,463 Pennroad Corp *tc

No par value.

x




Ex-dividend.

112

2% Sale

Apr 27 112
1% Dec. 19
3

108

1% Dec. 19

2

Dec.

3

Jan.
1
Jan. 10

RANGE OF
Stock Sales

December

-

PRICES ON DETROIT STOCK EXCHANGE

1938

AOOREOATE, SALES

1937

327,447

Shares_

-

297,862 i Jan. 1 to Deo. 31.

DETROIT

PRICES

STOCK EXCHANGE
1938

Shares

Shares

28,501
38,198

1,850
1,400
5,823

Allen Elec &

Equipment

1

common

Ask

% Sale

'Ay

1

Sale

Bid

Dec.

Ask Bid

Bower Roller Bearing

7

1937
4,948,902

RANGE FOR

YEAR

1938

*

common

Brown-McLaren

Mfg Co

40c

Burry Biscuit Corp
Casco Products

A*

40c

34c

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sal* Prices

134 Dec.

1

Dec.

19

33c

Dec. 28

li

1254c
*

154

254

2454 Dec. 12

8

3154 Sale
154
134
1834
1854
254
3
7 54
854
16
1434

154
20 54

2%

27

i734

% Sale

18'

16

*

29

7
29

26

Sale

"23"" "2754
29

1

Burroughs Adding Mach

754

Lowest
Sale Prices

31

28

"20"

5

Brlgga Mfg Co

700 Capital City Products

1,125

IN DECEMBER

Ask

154 Sale
37c

5

14,110
112,208
39,826
37,826
70,854

200

Bid

Auto City Brewing common. *

946 Bohn Aluminum & Brass

270

Dec. 1

1938
Par

102,420 Baldwin Rubber

1,782
7,231
3,400
2,482
1,350

[

Jan. 3

STOCKS

December

1938

_4,067,484

-

Price

12 Months

In

Stock Sales

|

Sale

Corp

'

Dec.
Dec.

16
5

154 Dec. 23
38c

754
29

Dec.

6

Dec.

15

Dec.

16

2554 Dec. 27
3134 Dec. 15

134 Dec. 22

Dec.

7

17 54 Dec. 22
2 54 Dec. 17

Dec.

29

754 Dec. 14

1
234 Dec.
754 Dec. 14

% Jan.
Sept.
454 Mar.
28
Aug.
12 54 Mar.
1334 Mar.
1
May
1534 June
154 June
33c

3
20
31
2
31
31
18
1

7
734 June 29
11
Mar.
5

1V Nov.
9
54 Jan. 15
954 Jan. 15
29
28

Dec. 16
Nov. 12

37

Aug. 25

2

Oct.

26

215

July 26
354 July 19
954 Oct.
7
2234 Aug. 26

Chamberlin Metal Weather^

1,365
Strip Co common
5
154,174 Chrysler Corp common..... 5

5,126
1,052
1,256
8,505
1,375

17,430
18,205
14,116
2,402
1,213

525

Consolidated Paper

Consumers Steel Prod...

Continental Motors

48 54
14

10
1

com

com.

.

2,600
3,878
3,646
1,862

com..

354

6,594
4,154
335

9?i
]*

470

23,262
238,962
92,745
81,292
11,895
14,150

100

105,353
73,929
95,406
81,982
28,042

3,585
2,200
5,654

1,679
53,774
3,293
196,367
20,132

5,345
900

16,762
1,600
490

6,260
18,861
5,419
14,780
43,192
83,165
15,670
15,962
154,612
2,014
133,702
58,251
11,011
24,251
108,351
38,146
14,483
33,979
29,970
27,914
7,148
153,530
2,705

200

3,600
3,437
"

1,637
6,190
125

9,381
5,756
795

1,735
4,685
1,073
137

7,156
1,907
1,135
855

7,052

903

50

2,280

9,735
1,025

336

105,882
11,025
18,426
3,108

Sale"

!$*

*

General Finance Corp com.l
General Motors

4

10

Sale

1

Sale

Graham-Paige Motor com
1
Grand Valley Brew common.!

Sale

com

Goebel Brewing Co

Hall Lamp

com

3,430
200
Per footnotes

9,153
49,178




Sale

14

8

26
8

Sale"

*8
15

1
10

1054

31
14

l1/s

1

1

18

Sale

1

6

1154
1554

14%

%

51c

2054
334

19 54

23

Sale*
134

Motor

10

common

com

Parke Davis & Co
Parker Rust Proof

com

JA

30

•

2.50

54c
Sale

334

25
Sale

Peninsular Metal Products.!
Pfeiffer Brewing Co com
Prudential

2

454
154

Investing Corp. )

Reo Motor com.....

Rickel (H W) & Co common.2

Standard Tube Co class B

1

Stearns (Frederick) com

5%

cum part

pref

16

Universal Cooler class A....*

Class B

61.

*
com

*

1254 Dec.
434 Dec.

234
5034

134

5

2

Dec.

27

12

11

17
•

58c

254

254 Dec. 27
48 34 Dec.

6

2 34 Dec.
1
Dec.

23

29c

3

2

Dec.

50c

19

Dec.

734

1

22 54
75c

25

3 54

134

1

Dec.

15
6

A?

2

34 Mar. 31
Apr. 19

1

Mar. 30
534 Mar. 31

1

70c

Dec.

21

29c

12
6

14

Dec.

5

17

734 Dec. 23
Dec.

10

Dec. 21

50c

Dec.

9

19

Dec.

20

254 Dec. 21
154 Dec. 22
2234 Dec. 21

62c
2 54

60c

2

2

Dec. 30
Dec.
1
Dec.

1

Dec.

7

Dec.

14

2134 Dec. 31
3 34 Dec.
2
134 Dec. 13
23 34 Dec
4 54 Dec.

2

June

7

2554 Mar. 31
234 Sept. 26

2
7

June 13
Dec. 30
Mar. 26
Oct. 13

6 34 Mar. 30
14J4 Sept. 26
22 34 Mar.
7
6

Mar. 30

534 Mar. 30
37c

4

Apr.

154 Mar. 29
40c

Mar. 31
1534 Mar. 30
134 Mar. 31

154 Dec. 22
17

Mar. 19

55

77c

88c

80c

98c

75c

Dec. 21
Dec. 22

80c

Dec.

9

60c

Sept. 10

2

Dec. 22

5

May 31

334
254
154

4

3

45c

Sale

45c

234
154
154

50c

35c
18

"834

234

154
254
3

254
234

2134
954
234
834
234
2 34
334
3 34
26
Sale

1534
754

Sale
3

154
Sale

1934
1554
834

JX

4134
19

"4 54
Sale
20

754
1034
234 Sale
654
154
154 Sale
334
354
234
234
26
2454
254.
234

ly>

97
16

2034.
"1834

14

254 Dec. 2(

754 Dec.

19

8

Dec.

15

45c

30c

234 Dec. 13
7
234 Dec.
154 Dec. 28

3

354
434

3

134
1834

Dec.

2

Dec. 31

334 Dec.
254 Dec.

3

2

Dec.

5
15

45c

Dec.

2

Dec.

28

14 54 Dec.
7 34 Dec.

1534 Dec. 19
Dec.

15

40J4 Dec.

if*
&

Dec.

13

18

19

Dec.

14

Dec.

4

Dec.
Dec.

7 34 Dec.
2
Dec.

Dec.

3 34 Dec.
2 34 Dec.

25

Dec.

100

Dec.

16 54 Dec.

Dec.

Dec.

2

Dec.

12

Dec.

10

Dec.

5

Dec.

14

13

Dec.

7

Dec.

29

254 Dec.

Dec.

2

Dec.

234
754
154
234
334
254

734 Dec.
154 Dec.
1

Dec. 24
Dec.
1

9

1

26

2 54 Dec.

28

20

4

28

4 34

4

'"534

4

234

10

1834 Dec. 27
254 Dec.
134 Dec.
16

Dqc.

June

7

Dec.

28

Mar. 31

834 June 11
434 Mar. 29
2
633 June
3 34 Mar. 31
3134 Mar. 30

1434
634
134
454
154
1

2

Oct.

19

Dec. 19
Dec. 30

Aug.

9

Jan.

10

July

19

125-4 Nov. 16

334 Dec.

5

Dec.

5

Dec.
2
454 Dec. 20
1834 Dec. 27
Dec.

6

134 Dec.
1834 Dec.

3
1

3

Oct.

27

454 Jan. 11
5354 Nov. 9
354 Jan. 11

IVb Jan.

10

70c
3

Feb.

16

July

25

7

June

15

12

Jan.

17

Aug.

33

Oct.

19

1754 Oct.
10
July

19

29

85c

Oct.
Jan.

27

154 Dec.

13

3

13

3

10
Jan. 10
2254 Nov. 9
354 Nov. 14

Nov. 14
154 Jan. 10
154 Jan. 17
55c
Apr. 18
154 Jan. 11
25

2IJ4 Dec. 20
7
1054 Nov.

5*

Jan.
Feb.

iff
154

Jan.

6

2254 July

25

17

2

21
Feb. 26
Oct. 26

Nov.

9

1054 July 25
9
1254 Nov.
Oct. 27

&X

42

Oct.

14

1

2154 Oct.

24

1

]2

Jan.
354 Jan.

20

Mar. 31
May 31
Dec. 14

8 ~
2

354 Oct.

13
5
24

4

12

June

Apr.
May 31

2 34 Mar. 31
2
Mar. 30

July
July
Jan.

454 Jan.

11

10

5

27

Feb.

8

1
IV Apr.
1554 June 15

4

54 July

27

22

Jan.

14

13 100

July

15

22

90

3 34 Dec.

18

6

2454
1554
554
454

7

35c

103

3 34 Dec.
4
Dec.

AH

2354 Dec. 28

■

87c

28

4

Sale

13

Dec.

Sale

Sale

234 Dec.
254 Dec.

Dec. 30
Dec.
7

18

7 110

Sale"

154

13

14

15

13

3

534

26

Dec.

Dec.

30c

28 100

354
334
**

434
434

Dec.
Mar.

11

35c

110

10934

Sale"

2

11

10

2034
Sale

834
Sale

11

20
Jan. 10
Aug.
5

Sept. 30

60c.
23c

55c

30

19

Jan.

July

June 30

1

1034

July
3
16

8

6

234

17
13

13

2

154
734

9
2
24
31

31

34 Mar. 29
Apr. 29
1134 May 14

Dec.

60c

Nov.
Feb.
June
Dec.
Jan.
Dec.

4

Dec.

254 Dec. 30
Dec.

2

Sale

Dec.

234 Dec.

1234 Dec.
1634 Dec.

50c

2134
2 54
154

Dec. 30
15

3 H

50 54

12

Sale

34

--4H

1

654 Dec. 30

534

Sale

Dec.
Dec.

1154 Dec. 16
1534 Dec. 29

Sale

52c

Nov. 10

23

534 Dec. 28

Sale

33
Sale

6

3

154 Dec,

Mar. 29
Mar. 31

9

Dec.

1654
10934

Sale

«
1 h*

Dec.

28c

1634

5% _7%

.

28
28
2454 Dec. 19
1534 Dec. 30
4 34 Dec. 12

87c

97

3 34

23 34 Dec.
3 54 Dec.

334 Dec.

17

109

Tivoli Brewing Co common. 1
Union Investment Co com..*
United Shirt Distributors..*

6

34 Mar. 29
154 May 27
1
154 June
10
May 31
1554 Mar. 26
12
2
Apr.
2 54 Mar. 29

13

24

10""

10

100

Dec.

13 54

1

Dec.

6

100

Axle com

Preferred

2

Dec.

25

*

Dec.

23 34 Dec.
20

1
2

Dec.

2

31

Sale

8

8854
1554
154
354
454
1654

1554 Nov. 5
Dec.
8
154 Jan.
7
Mar. 30 11454 Nov. 10

Dec.

Sale

*"*234 Sale"

154 Dec.
Dec.

2 34

60c

55c

4134
1834
834

..10

77

85c
114

23c

JVs

334 ""354
354 Sale

River Raisin Paper com
Scotten Dillon com..

Dec.

Dec.
Dec.
Dec.
Dec.

75c

13

5

Dec. 31
Dec. 23

Mar. 28

81c

Sale

2

13

90c
Sale

834

Sale

16

1654 Dec. 13

25c

134

~i%

32

15
Sale

1554

534

1454
954 Sale

*

Sale

"1234

7

Dec.

Mar. 31

1234 Aug. 26
70c
May 27
1
May
5
234 Dec. 28

29c

134

934

•
.

com

Parker Wolverine Co

5

2.50

com

1554
534
334

6

934

5

Sale

14

2234

Sale

434

11

■

3

36

28c

86c

7%

10

33
25

1654

2%

15
12
134 Dec.
1
334 Dec. 31

1134 Mar. 23
60c

7

234

Sale

6

2
234 Dec.
2 34 Dec. 28
1554 Dec. 19

10434
154
134
134
154
234
154
13
1534

"l2~54

Sale

254

45c

Moore (Tom) Distillery Co__l
Motor Products Corp com ...»

Muskegon Piston Rg

Ay»

30c

234

Sale

•

Micromatic Hone Corp
1
Mid-West Abrasive com...50c

Murray Corp

234

37c

1

Mich Steel Tube Prod....2.50

Packard Motor Co

254

Sale

Dec.

83 54 Dec.
14 34 Dec.

14

49 54

4954

8

154
154
154
354
At Sale
%
Vs

•

com

8

Sale

2%
154

49

62c

Sale

234s

*

Michigan Sugar com..
Preferred

154
1134
654
27 54

Sale

Sale

1

McAIeer Mfg Co com..
McClanahan Oil Co com

""254

Sale

Sale

...

Mahon (R C) class A pref
Masco Screw Products

13

32

Hurd Lock & Mfg Co com__l

Wheel

2434
334
2454

7

1654

•

4,948 Universal Products
see page

134
1154
634

2

*

Class B

Hudson Motor Car

13 34

33c

»

com

United Specialties common. 1
403 U S Graphite Co com
10
200 U S Radiator com...
1

403

"""697

1234

554

154

*

Class B

31,138 Timken

17

2,075
2,683

2

15 H

1

Sale

154
134

2 54

"4 54

*

McClanahan Refineries.
500 Michigan Silica Co com

500

3,205
2,048

14 34

*

com.

10,045 Lakey Fdy & Mach common. 1
500 La Salle Wines&Champagne 2

178

17

Sale

*

Kingston Products Corp
Kinsel Drug Co com.
51,193 Kresge (8 8) Co com.....

720
500

Sale
Sale

2

20

963 Houdaille-Hershey class A__*

3,795
10,050

154
2

3

3

478 Home Dairy class A...

"5,868

Sale"
Sale

534 Sept. 28
9
7834 Dec.
1334 Dec. 28

1554
Sale

81c

113

30

14,050 Hoover Steel Ball com
10
8,623 Hoskina Mfg Co common_2.50

1,205

Sale

120

734
83
1434
1.34
S&rG
3
16

14 34
79c

110

*

1,207 Gemmer Mfg Co class A.

1,245

254

4

685 Federal Screw Works

1,565
13,471
3,370
3,937
3,400
1,627

3 }a%

354

Sale

66,825 Frankenmuth Brewing com.l
13,550 Fruehauf Trailer Co com
1
81,339 Gar Wood Industries com
3

4,645
2,115
3,190

95c

15

*

6,204 Eaton Mfg Co common...
2,471 Eureka Vacuum Cleaner
42,102 Ex-Cell-O Corporation
24,432 Federal Mogul common
9,824 Federal Motor Truck com

"

231

1654
Sale

V$
IV

10

950 Detroit Steel Products

1~309

5
82 34
13 34

80 54

12

"I 54 Sale"

1

Crowley, Milner & Co com..♦

995 Deisel Wemmer Gilb
577

80

Sale

Cunningham Drug Sts..2,50

56,900 Detroit & Cleyel Nav com..10
8,842 Detroit Edison com.
100
32,590 Detroit Gray Iron Fdy
1
78,804 Detroit Mich Stove common. 1
66,076 Detroit Paper Products..... 1
8,263 Detroit Steel Corp com..
5

23,609

Sale

Jan.

Jan

834 Mar. 30
Mar. 25 110

234 June 16
334 Sept. 27
1
234 Apr.
4

1834
334
254
134
1034

Dec.

10

Dec.
Feb.

27

Dec.

12

Dec.

12

Apr.

4

1

Nov. 12
Dec.
7

454 Mar.
654 Jan.
5

554
1854
454
554
354
19

Jan.

Sept.

1

5
11

8

Dec. 27

Aucr.

1
Jan.
1
Jan. 12
Nov. 10

STOCK EXCHANGE

STOCKS

17

2,200
375
16

36

Unlisted Dept.—

"

20,114 American Radiator.
2,293 Amer Tel & Tel Co
3,209 Borden Company..
8,823 Borg Warner Corp com

1,419
199

593

670

""%

15c

I""

74

734

1,128
1,901

1,076
3,092

43,698
6,375
70,410
3,414
10,687
14,803

829

5,589
430

1,680
2,686

27c

2%
9%

jy*

88

100

~

100

25
5

30%

Sale
Sale

1% Sale

10

Nash-Kelvlnator Corp......5

41

Dec. 28

Sale

19

Dec. 22

8% Sale

Sale

Sale

Sale'

7

Dec. 22

21%

Sale

Purity Bakeries Corp
Socony-Vacuum Corp....-25
Standard Brands Inc
*

No par value.

a

Cash sales in which

"7" Sale'

Deferred delivery sales.

no

account is taken in

r

Sold for cash.

x

13%
7%

Sale

9%
126%
15%
18%
1
8

Dec. 31
Dec. 31

25%
%
26%
13%

1
Dec.
Dec. 15
Dec. 15

8

13

Dec.

21%
14%
13%
7%

Dec. 31
Dee. 14
Dec.
6
Dec. 31

Dec.

6

21

23% Oct.

Mar. 30 19
Apr.
8 150
June 17 18%
May 26 36%

Oct. 15
Nov. 14

Nov. 9
Oct. 19

2% Oct.

27
21
9
6

Oct.

17

2% Oct.
10% July
40% Nov.

June 15
May 27
May 28

21% Nov.

1

Jan.
July
Dec.
Oct.
Jan.
Jan.

10
25

8% May 26
10% Mar. 29
Dec.

6

21

Mar. 26
May 25
May 16

Mar. 29

10

18
14
6

Oct. 24
Dec.
8

9
88

6% Apr.
1
11% Sept. 24

9% Dec. 15

12% Dec. 21

Sale
Sale

6

Dec.

3% May 31
80% Apr.
2
13% Jan.
4

12% Dec. 10

18%

17% Sale

100

N Y Central RR

1% Jan.
3% Jan.
% Jan.

6

1% June
12c

17% Dec. 10
12% Dec. 21

National Dairy Products..

4

8

1% Dec.
9

39%
2%
44%
20%

37

43%
20%

2% Sale
43% Sale

Sale

Sale

Nov. 25
Oct. 28

25

8

Dec. 20

17% Dec. 29

1% Dec.
9
8% Dec. 14
Dec.
2
1% Dec. 21

Sale

"8% Sale

13

Sept. 27

53c

Dec,
5
Dec. 16
Dec.
8

88

8

Dec.

39%
1%

2

Jan.

1% Apr.

20

15% Sale
9 18% Dec. 29
146% Dec. 22 149% Dec. 13
6
16% Dec.
15% Dec. 22
30
Dec.
5
33% Dec. 15

16% Sale
148% Sale

....

Highest
Sale Price*

15c
8

17% Dec. 28

20

19

25%

1
80c
1% Dec. 28
Dec.
6
12c
Dec.
7
Dec.

27c

80

100

Lowest
Sale Prices

24% Dec. 27
3% Dec. 20
1% Dec. 17

2

3% Dec.

Sale
Sale

17c
6

8%

7

12

25,224
8,903 Consolidated Oil Co
5,105 General Foods Corp
39,214 Hupp Motor Car Corp
12,661 Kennecott Copper Corp...
8,130 Kroger Groc & Bak Co

688

2%

\

Commonw Ac Southern Corp *

2,332

Sale

80c

82%

4,965 Young (L A) Spring Ac Wire

1,370

24%
3%
1%
1%

3%

2

100

Preferred

25

24%
3%

20
Sale,
% Sale

2%

...

275

Ask

Bid

»
2,787 Walker Ac Co class A
Class B
•
27,364
75,055 Warner Aircraft Corp com__l
4
13,617 Wayne Screw Prod com
27,800 Wolverine Brewing Co com__l
2
5,498 Wolverine Tube Co com

3,650
18,998

Highest
Sale Prices

Sale Prices
24% Dec. 27

Ask

Ask Bid

Bid

Lowest

Dec. 31

Dec. 1

1938

Shares

Shares
270

♦

Price
Jan. 3

12 Months
1938

In

December

RANOE FOR YEAR 1938

PRICES IN DECEMBER

DETROIT

SALES

AGGREGATE

EXCHANGE

STOCK

DETROIT

JAN., 1939]

21

51

12%
16%
21%
14%
16%
9%

31
31

11
12

Ex-dividend.
U. S. Graphite Co., Dec. 30 at 17%; Young (L. A.) Spring &

computing the monthly or yearly range are:

Wire Co., Dec. 30 at 19%-19%.

Philadelphia Stock Exchange
MONTHLY AND YEARLY RECORD

STOCK EXCHANGE

RANGE OF PRICES ON THE PHILADELPHIA

December

Shares.

Jan. 1 to Dec. 31

aggregate

sales

_

1938

9

"2*. 606

5,176
1.567
250
412

688

1,746

STOCKS

848

855

2,631
2,178
22
155

9,254
2,905

1,552

43,152
16,120

""ioo
447

1,687
41

2,099
2,402
2,560
125

1,227

1,017

""800
2,598
234

2,303
4,336
6,420
861

50,312

11,545
25,333

pref

18%

100

Mfg Co.
*
.........100

950 Horn AtHardart (Phlla) com.*
2,172 Horn 8c Hardart (N Y) com..*
27,357 Lehigh Coal & Navigation..*
13,613 Lehigh Valley
50
18,602 Nat l Power Ac Light
*

181,285 Pennroad Corp v t e
*
139,909 Pennsylvania RR......
50
1,317 Penna Salt Manufactur'g-80
4,185 Penn Traffic com........2%
5,136 Phila Elec of Pa $5 pref
•
...25
921 Phlla Insulated Wire.......*
8,581 Phila Rapid Transit...
50
Phlla

Elec Pow pref

10,287
7% preferred
14,253 Philadelphia Traction
3,220 Reo Motor Car Co.....

50
50

1
202,018 Salt Dome Oil Corp
*
7,275 Scott Paper.....
*
1,165 Tacony-Palmyra Bridge
24,100 Tonopah-Belmont iOevel
1
—1
21,303 Tonopab Mining
2,765 Transit Invest Corp......—
Preferred...............—
14,523
50
27,625 Union Traction
49,294 United Corp common.......*
Preferred...........—.—*
L 9,459
346,892 United Gas Impt com.......*
9,360

607

•

Preferred

5,686 Westmoreland, Inc......—.*
4,235 Westmoreland

x

Ex-divldend.




a

Highest
Sale Prices

7% Dec. 14

Sale

8

Lowest
Sale Prices

8% Dec. 10

9% Nov. 21

5

Apr.
4
May 26
6% Sept. 7

72

"25" "id" "15" "15" "12% ~II%~Dec.~21

II %~D~ec".21

9

Jan.

i

Coal.......-*

26% Sale
29% Sale

Sale
7% Dec. 27
9% Sale
9% Dec. 31
8
145% Dec. 21 149% Dec.
148% Sale 149% 150
17
13
15% Dec. 29
15% Dec. 29
16
24%
20
18% Dec. 13
20% Dec. 17
Sale
20%
19%
7 121% Dec. 17
120% 120% 119% Dec.
119% 121
5% Dec. 12
7% Sale
7% Dec. 31
6% Sale
50
44
48% Dec. 15
48% Dec. 15
5% Dec. 31
5% Sale
4% Dec. 28
4% Sale
8
82% Dec. 28
78% Dec.
82%
82%
81% Sale
1
6
Dec.
Sale
5% Dec. 28
5% Sale
6
5
31% Dec.
32
28% Dec. 28
29% Sale
31%
Dec.
50
50% 47% Dec. 10 51
49% Sale

95

118

8
8%
144% Sale

15"" "15%
115% 118
4% Sale

6

Sept.

20

37/

Sale
Sale

47

102

22%
3%
5%

23%
4

Sale
7% Sale
2%

Sale
Sale

21

2%
3%
115% Sale
29% Sale
18%
21
2

Sale

3%
5%

Sale
7

Sale

13

37% Sale

%,

%

%

%

2

2%

3% Sale
28% Sale
10% Sale
105% 106%
10%
9
10%

Includes 647.269 rights.

36%

Dec.
Dec.

17

19 121% Dec.
7
38
Dec.

Dec. 22
Dec. 12
Dec, 10

12

3% Dec. 31
5% Dec. 27
8

Dec. 31

1
Sale
1% Dec. 12
1% Dec.
1% Sale
5
24
Dec. 31
Sale
24
Sale
19% Dec.
161
172
157
8
8
2% Dec.
2%
2%
2%
2% Dec.
2%
5 118% Dec. 29
115% Dec.
117% 120
115% 116
1
1
30%
30% Dec.
30%
30% Dec.
30% Sale

1%
20%

18

1%
3%
8%

16%
49%
36

31

29

124

151

145

128

118
107% 115
36%
37% 37
3 % Sale
2%
3%
3%
5
Sale
3%
4%
5
8
Sale
7%
7% Sale

35

8
JH
3

3%
33%
11%
113

8%
9

Sale

2%
4%

18

17

1%
3%

8

Sale

Dec.

18

2
4

8%

50

48

17%
48%

38

34%

1%
3%
6%
1%

1

Dec.
Dec.
Dec.
Dec.

19

28

18% Dec.
2

5

Dec.
~

28

"8

15

4% Dec.
8% Dec.

15

1% Dec. 15

16% Dec. 29
47% Dec. 19

17% Dec. 27

1

36

Sale

16%

%6

""%
1%
1%
3%
Sale
Sale

Sale

1

%
2%

3^
U,%

%

9

19

Dec.

6

1%

1

3

% Dec. 27
2% Dec. 22

Sale

34%
Sale

ale
tale "IS ni%

10

8

%6 Dec.
%, Dec.

Sale

2% Dec. 27
5
32% Dec.
10% Dec. 21
Ill

Dec.

28

7% Dec. 29
8% Dec. 15

49

Dec.

12

%6 Dec.
8
% Dec. 14
1% Dec.
6
1

Dec.

5

3
1
10
Dec. 29
Dec.
8
8% Dec.
1

3%
3%
35%
11%
113%

Dec.
Dec.
Dec.

9

Dec.

6

6
5
11%
Aug.
111% Mar. 30 150
15
Mar. 31
16%
23%
12% Mar. 31
9
112% July
3% Mar. 29
42
.

Jan.

26

2% Mar. 28
36

Mar. 23

6% Sept. 24
7
Jan.

24 101

Par

*
10,190 Budd Wheel Co
56,321 Chrysler Corp...
.....5
3,428 Curtis Pub Co common.....*
82,074 Electric Storage Battery....*
....10
97,691 General Motors

29,378

Sale

Highest
Sale Prices

101

Tel......100

Bell Tell Co of Pa

Bid

Lowest

64

Stores..........-*

Budd (E G)
58
Preferred

1,809
1.568

No par

American

American Tel &

1938

Sale Prices

31
Ask

Ask Bid

8

8

6

983 Bankers Sec Corp prsf
50
6,885 Barber Co
......—10

10

488

Ask

Bid

Elec Ac Peoples tr ctfs 4s.1945
3,000 Lehigh Valley 4s..
1948
5,000
4%s
2003
1,000 Pennsylvania 4%t
1965
20,000 Peoples Pass tr ctfs 4s
1943

Dec.

Dec. 1

1938

651,700

20,702
42,182

YEAR

RANGE FOR

PRICES IN DECEMBER

BONDS

Shares

Shares

920,700

Price

S

82,000

Jan. 1 to Dec. 31

Jan. 3

12 Months

December

1937
$75,000
779,600

$84,000

PHILADELPHIA

STOCK EICHANGE
In

December-.

231,960
a4,340,991

431,923
3,356,436

1938

Bond Sales

1937

1938

Stock Sales

Mar. 31

4%*Mar. 30
21% Mar. 31
25% Mar. 31

12JJI
IS

Jan.

13

Jan.

18

Nov. 14
Mar. 18
Oct. 24
Dec.

17

Dec.

31

Dec.

15

Aug. 24
88% Nov. 9
8% Aug.
8
34% Nov. 9
53% Nov. 9

100% Jan. 11 121% Dec.
Dec.
21 % Feb.
1 38
3
5% July
May 31
3
Mar. 30
7% July
9
«% Oct.
4% Mar. 29
Jan.

1% Dec.
14% Mar.
Apr.
Aug.

Nov. 22

Feb.

Feb.

17
Nov. 23

Nov. 23
Nov. 22

Mar.

>ct.

Oct.

Mar.

6

July

23

Feb.

Jan.

8

22

M-y 10

10% Jan.
35% Mar.
26% Mar.

Nov.
Mar.
Nov.
Jan.
Mar.
Mar.
Mar.
Mar.
Apr.

17

Feb.

4% Apr.
1% Dec.

%
%
%
1%
1 %
22%
8%
99%
6%

10

20
5
Feb. 15

Oct.

29% Apr.
17
Aug.
1% Sept.
2

6

25
17
"

Jan.

123
2

112

17
12

15
21

Jan.

Nov. 23
Mar. 29

4%
4%
37%
12%
114%

Nov. 21
Oct.

17

Oct.

17

Nov. 12

Nov. 30
10% Jan. 21

10% May 16

San Francisco Stock Exch.
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE SAN FRANCISCO STOCK
EXCHANGE
Stock Sales

1938

December—
Jan. 1 to Dec. 31

AGGREGATE
In

December

SALES

1937

820,857
5,808,274

Shares_

499,938
6,504,821

SAN FRANCISCO
STOCK EXCHANGE

12 Months
1938

Bid

RANGE FOR

1961

Market Street Ry 7s
1940
S J Lt & Power Corp
6%. 1952
2,000 South Pacific Co 4 % % —1969
1,000 Union Oil Co of Calif 6%. 1942

Dec. 1
Ask

Bid

Dec. 31

Ask Bid

Lowest

Highest

Sale Prices

As*

Sale Prices

Lowest

98% 102
105
99

Jan.

107

103%

Feb.

Sale Prices

90

9

Aug.

7 102
Mar. 21
17 108% Mar. 12

101% Mar. 26 101% Mar. 26
80
June
7
Aug. 24 85

100

130
60

1938

Highest

101

—

63%

Oct.

24 130

Oct.

24

57% Feb. 17
57% Feb. 17
116% May 16 116% May 16

119

115

YEAR

Sale Prices
78
May 12

89

Coast Co G & E Co 4%..1965
Langendorf Unt Bak 6% 8 '41

$1,000
121,000

3

1938

6%.. 1945

1937

$"54,606

PRICES IN DECEMBER

$
Atlas Diesel Eng Co
Calif Water Serv 4%

1938

Jan. 1 to Dec. 31_.

Price
Jan.

BONDS

6,000
7,000
2,000
1,000
11,000
4,000

Bond Sales

Dece/mber

UNLISTED BONDS
Crown

2,500

Willamette Paper—

1st

mtge 6%
Miller & Lux—

1951

5,000
Ctf of dep 1st mtge 6% 1945
Ctf of deposit 7% notes *35
3,500
5,000 So Calif Gas Co 4% % ser 1961
2,000 So Cos Gas Co of Cal 4)4 % '68
Shares

STOCKS

Shares

102% Feb. 19 105% June 22
118

116

116

114

115%

115%

19,120 Alaska Juneau Gold M

2.940

28,942

cap .10
Anglo-Amer Mining Corp Ltd

Common

11

11%

1

13,550
3,385
2,802
10
300
10

978 Bank of Calif Nat AssncaplOO

2,613
40
593
10
80

110
722

3.08C
60

13,903
330
30

4,570
1,414
50

15,315
3,380
1,582
981
10

1,975

Beech Aircraft Corp com

Bishop Oil Co
Byron Jackson

50,375 Garson Hill Gold Mg capital. 1
33,464 Caterpillar Tractor cap
•
1,740
Preferred stock
...100
219,468 Central Eureka Mg Co com..I
117,530
Preferred
1
54,954 Chrysler Corp common
5
4,899 Clorox Chemical A
*
677 Coast Cos Gas&El 6%lstpfl00

6,745

3,653

29,547

Consol Aircraft Corp
Consol

385

13,330
95

12",553

231,524

1,100
1,100
2,566
1,730

16.450

684

Chemical

1
Industries
com

Inc class A partic pref
•
Creameries of Amer (new)
1
Crocker First Nat Bk SFcaplOO
CrownZellerb Corp com (new)
Preferred (new)

2,633 Cypress Abbey Co common-.2
14,036 Dt Giorgio Fruit Corp com. 10
6,635
Preferred..
100

4

65

12%

46

48

4

1.70 Sale
46
47%

3%
79%
35%
104%
24%

28

30

4% Sale
308

375

40

2,658
10,249

22,029
102,591
36,836
3,327
20,769
108,510

783

9.168

2,400
4,464
2,167

16,476
42,461
72,752

211

Common capital
.2%
General Motors
...10
General Paint Corp com
*
Preferred
..*
Gladding McBean Co com..*
Golden State Ltd cap......*
Hale Bros Stores, lnc, cap..*
Hancock Oil
•
Hawaiian Pineapple Co (new)
Holly Develop Co common.. 1

4

4%

'16"" "19

34
69

200
50

2,879
2.328

1,542
1,830
190

702

2,574
435

13,577
680

752

2,848
*

1,465
Co of Calif capital
10
38,244 HonoluluOilCrpLtd cap new*
940 Honolulu Plantation cap...*
1,989 Hudson Motors Car Co
,.*
9,127 Hunt Bros. Packing com
*
7,784
Preferred...—
10
580 Hutchinson Sug Plant cap.15
22,735 Langendorf United Bak cl A *
42,867
Glass B
*
2,514
Preferred
8,393 Leslie Salt Co capital .._..*
57,319 Le Tourneau Inc common.10
2,266 Libby McNeill & Libby
*
199,734 Lock Heed Alrcr Corp com..1
2,926 Lyons-Magnus Inc A
*
1,612
B
.♦
28.007 Magnavox Co Ltd (capltal)2%

No par value,




t Removed from listing

1

2.10 Sale

96

Dec.

98

33c

30c

4%
293

40
Sale

40

84

Sale

21

7%
Sale
8%
29%
7%
Sale
12%

9

31%
7%
23%
7

3%
11%
24%
21%

26
22%

35%

1.35

16

21

6%
1

36%
17%
28%
7%
2

2%
15%

3%
19%

7
9
6

34%

50

Sale

8

14%

7%
8%
25%
32
9% Sale
6% Sale
13% Sale

40

42

40

42

19%

20%

18

19

Sale

1

90c

38

41

35%

21%

22%
17%
8%

22

16

7%
55c

Sale

2

Sale

8

10

27%

Sale

6%
28 %

39

7%
38c

1.45
7

Sale
Sale

16%

Sale

40

40

40

Sale
7
Sale

6
50c
65c

13

a

W

9

31%
5%
37%

4%

Sale

20c

75c

50c

1

40%

IF
7$
1.60
10
Sale
10

42%
Sale
Sale
Sale
5

40c
70c

12

I July 25
July 16
Nov, 22

Dec.

37% Alar.:

Dec.

83

Dec.

Mar.
99% Alar.
1.65 Jan.
1.65 Mar.:

36% Dec.

Dec.

17

4% Dec. 28

Nov. 22
Nov.

Nov. 14
Feb.

Nov. 23
Jan.

25

Oct.

27

Dec.
Dec.

11

Apr.
Sept.:

22% Dec.
4% Dec.

15

Dec

3% Alar.
Sept.
7% Mar.

290

12% Dec.

9

86

Dec.

13

90

Dec.

75c

Dec.

28

75c

Dec. 28

1.75 Dec. 28
Dec. 29

13

5
3% Dec.
9% Dec. 16
16% Dec. 19
14

Dec.

6

32% Dec. 26

14% Dec. 31

13

2

3% Oct.
9% Dec
15% Mar.:

10

Dec.

18%
15%
35%
11%

Dec. 15
Dec. 16
Dec. 30
8
Dec.
Dec.

Dec.

6

35

35

Dec.

23

12

35
84

Dec. 23
Dec.
1

33

34

Dec.

Nov.

9

62

Mar.
Mar.:

17

Mar.:

iF

Apr.

66c

June

Dec.

Apr.

Dec.

20

Dec.

1

Dec. 20

5

25% Apr. 18

25% Mar. 31
6
Sept.26

11% July 23
53% Nov. 9
10
July
7

Dec. 28

25

30

Dec. 31
Dec.
1
Dec. 13
Dec.
3
Dec.
2
Dec.
2

6% June
6
2% Apr. 29
11% Apr.
7
25% Mar. 31
16% Dec 21

16

13
Dec. 20

13

14

35c

Dec. 27
1.30 Dec. 28

14

16% Dec. 21

55c
2

Dec.
Dec.

1

1

40% Dec. 22

18% Dec.
10% Dec.
44% Dec.

1
1

40

Dec.

5

Dec.

19

1

Dec.

5

40

27% Dec.
5% Dec.

1

31% Dec. 29

Dec.

9
5

4% Dec. 23
Dec. 28
Dec. 14

6

Dec.

7

37% Dec. 29
5% Dec. 13
40c

Dec.

1

75c

Dec.

7

Apr.

Mar. 24

32

23% Dec.

38

June 30

Nov, 15
July 13
Aug.
3

Mar.:

9%
6%
13%
40%

6

Mar. 26

1

2

Oct.

Oct.

14

29% Jan.
1.30 Oct.

44

22
8

41

Nov. 10

30

24% Oct.

20

28

Sept

26

ar.

Dec
35c
1 30 Dec

7%
12
3%
35%
32%
13

Sept.
Apr.
Apr.
May
Apr.

12
29
12
24

25
Mar. 31

5% Dec
5% Mar
4% Dec
25c

27
28

Dec

% Jan

9

30
23
28

3

18

12% July 23
7% Nov. 1
15
July
7

Dec

»

7

50c

23

27

2

28

14

Feb.

Dec.

17

25c

Oct.

Dec.

Dec.

9

July

June

6

21% Dec.
14

Mar.
Mar.;

19

16% Dec.

37

I

20
Nov. 18
Nov. 28
Oct. 27

Dec. 22

8% Dec.
6% Dec.
13% Dec.

11

13'

Jan.

Mar.:

30

1.75 Dec. 31
Dec. 19

Jan.

Jan.

Dec

1
10% Dec.
50% Dec. 15
7% Dec.
3

Dec.

47% Dec.

35

1 75 Dec

6

12

9

Sept. 30

2

35

90c

July

5

Nov.

Nov. 15

17

21

7
27

75c

15

Jan.

Mar.

2.35 Dec.

Dec.

9

56

16% Dec.
3% Dec.

10

81% Dec. 23
33% Dec. 28

1

9

Alar.:

26

Dec.
Dec.

30
101

106

21

32
Sale

26

Jan.

July 11
Aug. 10
Sept. 19

30

20% Dec. 21

Sale

iJan.

Dec.

21%

49%
7%

27
18

June

Dec.
Dec.
Dec.
Dec.

24

13

Dec.

14

25%
8%
6%

24

July 25
Nov. 15

36c

1.25 Dec. 28
Dec. 19

24

Oct.

14% July
2.00 July

46%
105%
4%
4%

14

Sale

3
23

May
Jan.

Dec.

Dec.
Dec.
Dec.

1.75 Sale
14
16

1.90

10

35
16

%
%
% Sale

41

Sale

Sale

18%
10%
44%

n*

37%
82

32%

33

July

Dec.

16

14

95c

33%

23

35
34

25%

1

2.25

10%

Sale

35

6

87%

40

18

22

Sale

55c
2.10

15

13

Sept.

31% Mar.
14% Dec
45% Apr.
87
Alar.
15c
Apr.

325

13% Sale
3%
4%
20
15%
10
9%
15%
15%
35% Sale
10
9%

16%
4%
10%
21%
14%

14%
34%
9%

29% Sale
1%
2%
16
17%

Home Fire & Marine Insur

160

3,973

99

75c

J*

1,054
7,284
1,128

96
31c

14%

16%
3%
9%

15c

25

Oct.

5% Mar.

Dec.

38c

Dec.

86

n

14% Dec.
46

Sale

4
24

6

12% Dec.

50

Sale

4

Dec.

8

35%

20%
4%

Mar. 10

July

1 05 Dec

20% Dec.
50% Dec.

13

23

45

1.35 Dec.

90

22,989 Emsco Derrick & Eq Co cap.5
820 Ewa Plantation
20
1,444 Fireman's Fund Indem cap 10

20

325

Dec.

12% Dec.

18

Nov. 25

16% Dec
19% Mar.
3
Sept.

54

72c

10%
11%
28% Sale

1,240

23%
4%

Dec.
Dec.
Dec.
Dec.

14

25c

Mar.
Jan.

17%
203^
20%
3%

Dec. 28

Sale

Aug.
6
May 17
Sept. 15

3% Mar.
13% Mar.

Dec. 28
Dec. 29
6
Dec.
2
Dec.
Dec.

34%
17%
48%

14

2

1.05 Dec. 21
11
Dec. 28

35c

Jan.

171

10

2
4

Dec.

54

9% Sale
64% Sale

5,290 Doernbecker Mfg Co......
1,558 Electrical Products Corp—4

8,722 Fireman's Fund Insur cap 25
19,342 Food Machinery Corp com. 10
7,129 Foster & Klolser com
2%
573
Class A preferred
25
Galland Mercantile Laundry
1,154
common (capital)
.....*
General Metals Corp—

21%
4%
295

1.00

15%
16%
20%
3%

Sale
45
46%
47%
104% 104
107% 103%
Sale
3% Sale
3%
4
3%
3%
3%
82
80%
83
78
35
37
39%
35%
106% 106% 108
106
26% 25%
26
25%

45%
103

1.65 Sale

4,100 El Dorado OH Works cap...*

999

32c

18

13% Feb.
Jan.

4% Dec.

1.30
Sale

12%

30c

190

4% Dec.

Mar. 30
June

8% Dec
2% Jan.
4% Mar.

4

Sale

9

16c

10% Dec.
4% Dec.
7% Dec.

Dec.
Dec.

61
Sale

25c

25c

Dec.

1.05

35c

23c

32
01 % 103
17%
18%

185

9% Dec. 23
27c

50
11

12%

34
38%
20%
20%
51
50%
95% 101

35,295 Emporium Capwell cap.....*
9.060
Preferred
50

520

3

34% 42%
19% Sale
48%
50%
91% Sale

27%

6

16%
20%
20%
•3% Sale

10%

99% 100

7
8

jK

9

Dec.

8% Dec.
4% Dec.

Sale

200

190

25c

946

10

Sale

1.30

4,805
2,020
3,265
220

21

*

7% preferred
100
1,580 Calif Art Tile Corp class A__*
540
Class B
*
7,425 Calif Cotton Mills cap...100
41,377 Calif-Engels Mining Co
1
1,490 California Ink Co lnc A..—*
50,358 California Packing cap
*
3,881
Preferred
50
250 California Water Serv preflOO

865

530

com

18%
Sale

20%
20%

...20

Calaveras Cement Co

4

9% Dec.
20c

Sale

4%

.x»«

*

10%
25c

10%
4%
6%

200

4

9%.
22c

6%

190

Calamba Sugar Estate com 20

Preferred..

30c
Sale

6

1

cap

10%

10%
4%

,—...5
com

10
23c

38,917 Anglo-Calif Nat'l Bank
20
50,646 Assoc Ins Fund Inc com caplO
36,821 Atlas Imp Diesel Eng Co....5

8,524
30,948
14,806
2,275
4,664
160

Jan. 26 119% May 12
May 11 117% May 11
Feb. 10
Sept. 16 108
Oct.
4 103% Oct.
4

pat

1.212

1,667

117%
117%
106%
103%

Feb.

9% July
1% Jan.

5
14
29
4

2.90 June 30
Jan. 10
19
Nov. 17
11
Nov. 16
17

44% Nov. 28
41

Nov. 26

32% Nov. 10
8% Jan. 26
37%
1 29
5% Aug. 25
55c
July 25
1.13 Jan.

18

SAN FRANCISCO STOCK EXCHANGE
PRICES

SAN FRANCISCO
STOCK EXCHANGE

*

RANGE FOR

IN DECEMBER

Price

Jan. 3

STOCKS

17,

Magnln & Co (I) common...*

40,

Merchant Cal Mach

10,

Meleir-Frank Co

...100

Preferred

Co

10

com

Bid

10%
90

13%

Vfenasco Mfg Co common... 1

.19,
67,

Nat Auto Flbre» IncCom

5

N atom a a Co

stkl

capital

*

North Am Inv Corp com. .100

1,

1.50

100

31
26

1

34

Occidental Petrol Corp com.l

27c

29

14%

5% Sale
9%
8%
5H

#%% preferred
100
North Amer OU Consol cap. 10
Occidental Insurance cap.. 10

6% preferred

12%
102
8

10

.48,

Ask

9%
26

2

*

9

Oliver United Filters Inc A..*

15

14

100%
15%
9%
4%
8%
11%
6%

Ask Bid

Sale

Lowest

Highest

Lowest

Sale Prices

Sale Prices

Sale

14%
9%
5%
8%

12% Dec. 23

14

Dec.

15

13% Dec. 22
9
Dec. 17

15%
9%
5%
8%
11%
6%

Dec.
1
Dec.
1
Dec. 31
Dec.
1
Dec. 10
Dec.
5

Sale

10%

Sale

Sale

7

5

9%
Sale

Sale
Sale

7

31%
29%
10%

11

Sale
Sale

3% Dec. 28
6% Dec.
8
10% Dec. 29
5
Dec. 20

35

43
45

10%
26%

11%

30c

22c

i?*

7

Sale

20

36

29

Dec. 20

11

10

Dec.

12

22

27

25% Dec.

5

16c

20c

15c

Dec. 28

32% Dec. 14
10% Dec. 24
26% Dec.
1
23c
Dec.
5

June

6

92% Apr.

1

14

100

Sale

30

48
11
Sale

13%

Ask

5

7

8% Mar. 29
7% Mar 30
80c

Mar. 26

3% Mar. 29
7% Oct. 31
3% Mar. 26
23
17

Mar. 29

23

Mar

31

15c

Dec

28

Apr. 26
9% Oct 31

O'Connor Moffatt & Co—

7,

4t"

Bid

Sale Prices

Dec. 31

Dec. 1

1938
Par

Class AA

33

2,
5,
23,
1,
.11,
.37,
88,
27,
38,
5,
86,

•

5%

6

PaauhauSugarPlantCo caplS

10%

12

Paclfic-Amer Fisheries,
Pacific Can Co

21

Inc.5
*

Pacific Clay Products....
Pac Coast Aggregates com.

10

Pacific Gas Ac Elec Co com.25

6%

preferred........25
1st preferred......25

1st

Pacific Lighting

Corp com..*

$6 dividend pref
.....
*
Pac Pub Serv com non-vot__*

4,
37

5,
1,
1,

common

B

10
9%
5% Sale
5%
4%

29%
29%
26% Sale
36
35%

17

Pac Tel At Tel Co common. 100

111

100

131

First

Sale

4% Sale

*
preferred...........*

Common

2.15

1.45 Sale
27% Sale

103

17%
114
140

Pacific Western Oil capital. 10

11%

14

Paraffine Cos, Inc., com

*

34

100

80

37
92

Preferred

....

Philippine Long Distance
Tel Co capital
100
5
2

Phillips Petroleum Go cap--*
Plg'n Whistle Corp partfc pf *

37%
1%

39%
2%

39

41

42%

7

40

L79

6%

17

r22
3%
32%
12%
9%

preferred...25

Republic Petroleum Corp—1
Preferred.-..'.
50
Rheems

1

Mfg Co

Richfield Oil Co common

2

2.45

Com stock purch warrants.
1

5

Rooa Bros Inc common

11*

preferred ...... 100
Ryan Aeronaut Co com cap.l
Safeway Stores Inc common
Schlesinger (B F) com (new).
Preferred (new)
25
Shell Union Oil Corp com..*
8 %% cum conv pref
100
Series A

76
4
6

5

11
1

4

27
2

5%
14%
104

Sherw d Swan Co Ltd cl A..10

21

Signal Oil & Gas Co class A.*

1

Sou Cal Gas pfd

7
4

cum

A.25

24
Sale
42

13%
Sale
2.65

18

Sale"
28%
Sale

22%
94
Sale
Sale

10c

35c

Spring ValleyCo Ltd capital *
Stand Oil Co of Calif capital •

Super Mold Corp of Cal cap.10

6%
8
29% Sale
13%
14%

19

Texas Consol Oil Co com...

85c

29

Tide Water Assoc Oil Co com •

4% % preferred new
100
1'ransamerica Corp capital..*

9
2

13%
7

28%
2

30 %

Jg*
ti*

1.25

1%
14%
75
82%
10% Sale
%
13%

6

6%
Sale

Sale

6

1

5

May 26

21% Dec. 29

15

Mar. 29

Dec.

1

Dec.

8

27

Dec.

5% Dec. 28
1

2.10 Dec.

2.75

15%
Sale

Dec.

29

Dec.

2

Dec.

7

Dec.
7
2.40 Dec.
Dec.

12
15
28

23

Mar. 31

Dec.

30

27

Mar. 31

Dec.

29

Dec.

29

25% Mar. 30
32% Mar. 31

Dec.

28

99

S8
6%
10

Dec.

6

Dec.

8

Dec. 30
Dec.

7

Dec. 20
Dec. 30

35c

5

1
6

9
Dec.
Dec. 19

48%
6%

May

13

Dec

27

Mar

29

Dec

28

Jan.

13

Mar. 31

3%
6%
13%
87%
131%
11%

Mar. 30
Dec. 30
Mar. 30

Apr.
Apr.
Dec

1
8
30

Dec.

28

29% Mar. 31

Dec.

10

89

June 30

16
24
28

6% Dec. 23
7

40

Dec.

16%
22%
3%
37%
12%
8%

Dec. 20
7
Dec.
Dec. 22
Dec. 16
8
Dec.
9
Dec.
•

2.35 Dec. 28
Dec. 13

14

1.75 Dec. 31
1
6% Dec.
7% Dec. 16

20

44

Dec.

17%

Dec. 31

23%
3%
37%
13%
9%

Dec.

15

Dec.

1

Dec.

16

Dec.

30
Dec.
1

2

Dec.

1

2

Dec.

1

Dec.

2

Dec.

15

Dec.

13
6

Dec.
Dec.
Dec.

14
2

28
Dec. 30
Dec. 30
Dec.

1

10c

Dec.

14

25c

Dec.

01c

Dec.

17

06c

Dec. 31

48% Dec. 29
5% Dec. 27

48% Dec. 29
6

Dec.

9

28% Dec. 31

15

16
16
26
13

2% Mar. 29
Mar. 29

30

9% Mar. 29
4% Mar. 29
Mar. 30

2.35 Dec. 28

7% Dec. 31

3% Dec.

Aug.
31% May
Sept.
3% June
4% Sept.
27
Sept.
8
May
17% Aug.

100

June 22

14% Dec. 28

5%
4% Dec. 28
14%
13% Dec. 12
104
Dec. 22 105
6
5
Dec.
5%
Sale
30% Dec. 31 33
19%
18% Dec. 20 21%
3
96
94
Dec.
95%,
1
32
32%
30% Dec.
8
21
Sale
17% Dec.
Sale

3%
4%
5%
4%
5%
1.40

50

if*

06c

26

5

29%
2.10

Oct.

Dec.

105

Tic

47%

26

>96

18%

Sale

23% Sale
3% Sale
37%
37%
13%
13%

4%
14%
104% 102%
5%
6%

25c

A

17

6

34

Sale

*1*

15

Class B
•
Sperry Corp common v t c—1

Thomas Allec Corp class

6%

95

Sou Pac Golden Gate cl A.

L48

3

Sale

18

,

1.75 Sale

4*

Sou Pacific Co com (cap'l).lOO

L50
25

6%

Sale

21%
93%
30%

100

Preferred

5

JH

1.75

32

5

Soundview Pulp Co new

L04

Dec.

5% Dec. 19
5
5% Dec.
5% Dec. 27

44

1.50

6% preferred (new)
100
Rayonier Inc common—...1

44

Sale

7
20

54

Puget Sound Pulp & Tim com

Cumulative

2.40

50

Ry Eq Ac Realty Co Ltd com.*

1

8
Sale

8

21%
5%
6%
6%
9%
6%

54

8

57

6%
Sale

5%
5%
5%
9%
6%

50

2

56

6

6
20

6
28
Dec.
29%
29%
28%
28% Sale
9
31
32
32%
30%
30% Dec.
2
Sale
29
28'
29
28
Dec.
27%
9
43
42
43%
40% Dec.
40% Sale
107% 108% 107% 108
107% Dec. 30 109
1
7
Dec.
7% Sale
6%
7
6% Dec. 30
8
20
Sale
20%
20%
21%
19% Dec.
2 119
121
124
116
Dec.
114
116
150
146% Dec. 29 148%
144% 150% 145
11
12
11%
11% Dec. 30
10%
11%
61
58
58
58
Dec. 28
55
58%
100
Dec. 10 100
98
98% 100

14

87

21%
5%

%

(new)—

6% preferred

5%
5%
6%
9%
6%

June
9
87
1.05 Apr. 27
18% July 12
80c
May 19

3
Apr.
10
Apr.
92% Oct.
4.50 Apr.
18
May
11% Mar.

11
25
31

27
26
30

Mar. 30

60
28

Apr. 13
9% Mar. 29
10c
July 25
lc

Dec

17

48% Dec. 29
1
4% Sept
25% Mar 31

Dec.

9

24

28%
21%

26

22

23%

22

Dec.

6

23

Dec. 30

55c

75c

35c

50c

30c

9

36c

Dec.

15

30c

Dec

Sale

75c

1

75c

Dec.
Dec.

Dec.

1

75c

May 19

12% Dec.

12

Dec.

17

5% Dec.

8

27%

1

Sale

13%
93%
6%

48c

Sale

48c

19

Sale

18%

12%
91

7%

12%
94

Sale

Sale

95
Sale

93

5

Dec. 31

93

Dec.

7% Dec.

17
1

Mar

13

10% Mar
76% Feb
5% Dec

26
9

31
17
8

Treadwell Yukon Corp Ltd—
Common

74

capital
1
Union Oil Co of Calif cap..25

19

Union Sugar Co

53

12
L37
21

14
6

common..25

6%
11%

United Air Lines Trans v t c_5

Walauia

10

17

Co com_.l
5

4

Cons Oil

Universal

Victor Equipment
Conv cum pref

8%
28

Agricultural Co..20

WeUsFargoBk Ac UnTr cap 100
Western Pipe

270

Sale

280

7%
12%
18
Sale

9%
31%
Sale

6

12%
14%
3%
9

27
280

55c

Sale
6%
13%
16
4%
10

Sale
286

17

48c

44c

Dec.

18%
5%
11%
14%
3%

Dec. 21
Dec. 28

19

16

13

9
26

280

Dec.
Dec. 26
Dec. 22

7

1
Dec.
1
Dec.
2
Dec. 29
Dec.

17% Dec.

5

Dec.

1

4

6

9% Dec. 28
13
27% Dec. 10
1 280
Dec.'
1
Dec.
Dec.
Dec.

Dec

17

17% Mar 31
5% Dec 28
5% Mar. 26

§8

Jan

26

Mar. 29

May 25
25
May 27
257% Apr. 13

Ac Steel of Calif

Sale

19%

20%

18

20

17% Dec. 29

1

(Consolidated) cl A ser 1.50

30

33

28%

37

29

31

29% Dec. 30

cap..50

22

36

25

3

1

Alleghany Corp commoh

20

Dec.

7

31

Dec.

14

30

Yosemite Portl Cem Co pf__10

30
3%

26

5

18

44c

10

common

16%

Class A series 2 com

14% Mar. 29

1

Yellow Checker Cab Co—

3%

4

3%

4

3%
33%
13%

22

May 19
May 19
2% June 23

22

~3%~D"ec".~l2

3% Dec. 12

35

UNLISTED STOCKS
Amer & Foreign

*
*
*

Pow com

Amer Car & Fdy Co com

Amer-Hawaiian SS Co com. 10

*

Amer Pow & Light com

10

Amer Rad & Stand San com. *
Amer Smelt &

1%

3%
25

Amer Tel & Tel Co com... 100
Am Toll Bridge

33
20

Anglo Nat Corpcl A com

(Del) com..J

.50
*
Argonaut Mg Co Ltd capital 5
Anaconda Cop Mg

Co

com.

1

Ark Nat Gas class A com

1

*

1

3%

»»

11

5%
11%

6%
12%

145%

Sale"

Refg Co com.. *

15
86

14

1

3%
24%

65c

Sale

29

13

2.85

13
3.50

3%

3%

11
1

Bait & Ohio RR common.. 100

8%

L38

Bancamerlca Blair capital..!

4

149

1

1

12
2

1

9%
Sale

12%

Corp com..5

10%

13%
11%

L50

"2J0

Berkey & Gay Furn com
Bolsa Chlca Oil cl A com

1
10

Sale

48c

Sale

34%

34%
10%
7%
2%
40%

6%
2%
37%
7%

Sale

6%
3%
16%
21%
%
2.75

14%
6%
18%
52%

50c

52
Sale

Sale

6%

5

Barnsdall Oil Co common

Bendix Aviation

h

6

1%
3%

17%
50%
150%

16%

10

Aviation & Trans Corp cap__l

5

16%
50%

33%
_

Atch Top &

S Fe RR com..100
Atlas Corp common
*
Aviation Corp (Del) com
3

15
6

45c

28%

1%
3%
28%

3

39%
9

7%
3%

7%
Sale

17%
22%
1

3%

8

8%
3%
7%
3%
18%
29%

2.7I

35%
11%
8
3

42%
8%
Sale
Sale

8%
3%

5
14

14

16% Dec.

5

Dec.

19

18% Dec. 29

13
19
_

20
25

52% Oct.
145% Dec. 21 150% Dec. 31
5

50c

Dec.

19

45c

Dec.

32%
7%
6%
2%
37%

5
Dec.
9
Dec.
1
Dec.
Dec. 28
Dec. 19

35% Dec. 29

6% Dec.
2
3% Dec. 31

8% Dec. 31
3% Dec. 31

2% Dec.

7

Dec.

13

8% Dec.

7
19
19

11

2% Dec.
37% Dec.

3% Dec.

1

18%
Sale

% Sept.
July
Mar.
Mar.
July
Mar.

21%
10%
6%
10%

22% Dec.
8
% Dec. 17

30% Dec. 29
% Dec. 17

111% Apr.
42c

June

9

May 26
7% Dec
9

21

2 00 Mar

18

2% Dec

28

31 % June

28

May
May
Dec.
June
Dec
17
July
13% June
% May

23
28

6%
3%
3%
4%
2%

31

15
7
1
30
24

1.85 Mar. 30

3%

Bunker Hill & Sullivan Mg
& Con Co common

13

Calif-Oregon

2%

Canada Dry Ginger

31
3

2

11

$10

1.45

14%

15

65

70

74
07c

65

14% Dec.

6

15

6

10% Mar. 30

Dec. 19

50% Mar. 22
50
Apr.
4
10c
May 4

Dec.

80

Sale

72

Dec.

19

18

"7% "7%

18%
6%

20

31

15

6

1.55 Dec. 23
1.15 Dec.

1.15

1.15

17%
5%

-----

80

72"

07c
2.25

1.50

17

*

15

2.25 Dec. 31

1.15 Dec.

15

1 55 Dec

23

1.10 May 24

July 29
6% Aug. 15

20

19%
6%

17

29

Jan.

10

6

Dec

21

1

Sept
Dec

22

(new)—

10

com—1
*
Columbia River Packers
Assn Inc common
*
Comm'I Solvents Corp com..*
Consol Edison N Y common.*
Claude Neon Lts Inc

Coen Cos Inc class A conv—

taorp common...*
Continental Oil (Del) cap..5
CruclbleSteel of Am com. 100




16%
74

Stores Inc

par

Consol Oil

15%
70

4%

Ale cap.

cum conv

Cities Service Co

6

5c

70
Sale
15c

2.50

Canadian Pacific Ry com..25

Class A

65

10

Calwa Co common

Chanslor & Lyon

65

*

Preferred

2

13% Sale

Power—

6% pref (non-callable).. 100
6% pref (1927 series)
100
Calif Pac Trad Corp com
*

2
1

35c

Sale

1%
40c

3.50

4.20

7%
21%
8%

7%
22%
9%

34%

"35%

6%
1

21c
4

9%
29%
8%
28
37

7%
1%
50c
5

10%
30%
9%
29%
38%

7%
1

20c
4

10%
30%
8%

30%
43

8
1%
35c

5%
11%
31%
9%
31%
44%

6
1

20c
4

21
Dec.
8
Dec. 22
Dec.

Dec.

6

6% Dec. 28
1% Dec.
3
31c
Dec.
8
4

Dec.

6

20c

2% June 13

9% Jan.

28

Dec.

5

8% Dec. 29
29

Dec.

7

14

19
7% Mar. 29
24% May 23
30% June 27
19% Apr

8% Dec. 26

13

64

SAN FRANCISCO STOCK EXCHANGE

AGGREGATE

SAN FRANCISCO

SALES

PRICES IN DECEMBER

STOCK EXCHANGE
In
December

1938

Shares

Shares

STOCKS

1938

Dec. 1

Bid

Ask

4,253
5,376
2,783

37,901 Curtiss-Wright Corp com—1
10,367 Domlnguez Oil Fields cap—*
7,150 Dumbarton Bridge Co com. 10

4

40

4%
44 X

298

12,577 Elec Bond & Share Co com.. 5
227 Fibreboard Prod prior pf.100
*
23,638 General Electric Co com
1,090 Goodrich (B F) Co common.*
Chemical Co

186
30

21%

30

38

1.50
35c
1.75
5

Idaho Maryland Mines Corp
Capital
1
500 Internat Nickel of Can Ltd.*

200

6%

Sale

1

2.40

10

127%
23%
30

5%

42%
23%

20c
1.50

40c

12c

445 Marine Bancorporation cap.*
789 Matson Nav Co capital
*

19

23

13,800

865

Preferred

5,600

200 North Amer Co

""255
370

20%

22

20%

22

20

30

20

6%

31%

Pacific Portl Cement

com.

^

—

—

„

207 Santa Cruz Port Cem

com.

e%
38

6

C5%% preferred
B

16,571

6

25
1.40

5%
22%

181

7%

49%
6%
9

Sale

22%
27%
5%
Sale
4

62

4%
5%

1,212

A"
30
2.40

21
86c

26%

6%
22%
24%
26%

5%
22%
26%
28%

14%

23
Sale

29

100

Class B

120

1.50 Dec. 21

Dec. 30

25c

Dec. 26

2.10 Dec.

9

42% Dec.

14

Dec.

6

01c

20% Dec. 13

6

Dec.

Dec.

Apr. 30 132% Dec 23
Oct. 13
25% Dec 22
May 31 35% Feb. 10
Mar. 23
2.60 Oct. 24
18c
Nov. 10
1.50 Mar. 29

June

9

56

6

Feb.

1

23c

June

3

11% Oct.
50c
Jan.

26
6
12

1.50 Mar. 29

3.50 Jan.

23

28% May 26

50% Oct.

15

17c

15

31c

Dec.

2

2.40 Dec. 15
Dec. 16
05c
Dec. 26

44

20% Dec.

6

4

Dec.

12

Dec.
Dec.

19

7

3
5
7
2

3% Sept. 15
6% Feb
21

22

15%
9%

13

Dec.

6

Dec.

5

Dec. 22

22

4% Dec. 29

1

10

12% Dec.
6
7% Dec. 29

Sale

26%

5% Dec. 21

6% Dec.

14

22

Dec.

21

4% Dec. 29
22% Dec. 28

50c

Dec.

19

86c

Dec.

1

28

24% Sale
27% Sale
29
28%
31%

8
Sale

7%

15
45%

3%
6%

8

7%

7%

14%
7%

1.40

37

13

15

12

44%

47%

30

34

25

35

85

88%
42%

62%
53%
1% Sale
1.75
2.25
.....

10,515 Warner Bros Pictures com..5

22

Dec.

5

26% Dec.

6

28

2

Dec.

24% Dec. 31
27% Dec. 30
28% Dec. 28

3

Dec. 27

5

Dec.

7

6% Dec. 23

7

Dec.

1

75c

62%
%

Sale

63%
1%

1

2

12

50

June 10

Mar. 25
Dec

10

115

28

4% Mar. 30
June

9

5
Apr. 16
25% Sept. 10

2.00 Feb.

23

7% Apr.
30c

1

Oct

5

Sept. 27
7% Nov. 7
19% Mar. 30
24
Apr. 13
25% Mar. 30
28% Sept. 28

5

7% Dec. 15

35

90%
Sale
3
3%
23%
25%

30

Dec.

Feb.

23

Mar. 25

4

38

Dec.

1

2% Dec. 20

3

85c

58c

69%
1
2

14

75c

61% Dec.
5
% Dec. 24

%

Dec.

Dec.

10

Dec.

1

67% Dec. 28
% Dec. 24

6%
6%
6%
4
9
7%
23
25%
24%
117% 118% 121

1.25 Dec.

6

1.25 Dec.

6

5% Dec.

5

6% Dec.

14

6

27

53% Oct.
9% Jan.
19% Dec
16% Nov.
17% May
35
8

35
15

14
13
29

23
27

Mar.
7
Jan. 15
Jan. 10

July 21
3% Nov. 30

56

Dec

5

5% Oct. 27
5% Apr. 18
2% Aug.
3
19% July
1
20
9

Jan
Oct.

25
20

3% July

20

10
30

Oct.

7
25

Jan.

5% Oct.
5
24% Sept. 30
86c

Dec

1

28

Aug.
1
9% Jan.
8
24% July
7
27% Dec 30
28% Dec 28
30
July
6

9% Oct.
18

8

9

June

81

7

42

6

July

30

10
10
14

13% Nov. 16
40% June 20

36% Mar. 16
89% Dec
42% Dec

Nov. 18
10
Dec

May 27
% Dec 24

1 00 Apr

8

May 26

14
30

Oct. 18
Nov. 18

4

2% Apr.
58c

21

Oct.

19% Mar.

40

Feb. 24

Jan.

28

70c
69

80c

8

June

8% Oct.

Jan.
Jan.

7% June
8
40% June 20
25% June
7

Dec.

4

18

34

89% Dec. 14
42% Dec. 30

22% July 28
34% Jan. 24
5 ^ J an. 19
8
7% July

8% Jan. 31
55% July
2
35c
July 28

30

14

Feb.

23

12% Dec. 22

8

89% Dec.

Oct.

27

9

12% Dec. 22

3

Aug.

Dec

June 22

25c

7% Dec.

8

6% Dec

3

18

5%
7%
24%

15

3% Mar. 30
5% Apr. 18

50

30%
Sale

10

Sale
3%
26%
28%

Dec

22

48%

3

41

26
29
28
9
28
24
19

17% Mar. 28
15
45%
14%

38%

Mar.
Apr.
Dec
June
Dec
June
1 60 Aug

2

«

Sale

7

Mar. 24

8

2

13

23

50c

4% Dec. 23

June

3% May 27

16

7% Dec.

83

50

1.25

com.

3

4%

7

26%
3%

6%
16%
19%
4 %
18%
11%

56

8%
2%
7%

7%
2%

Dec. 29

23% Dec. 13
5% Dec.
5
22% Dec. 12

15

28

43

773 West Coast Life Ins Co cap..5
100 Western Union Teleg com 100

4

31

15

Dec.

6

17% Apr.
1
30
Sept. 23
3 % Sept
6
5% Mar. 28

Dec. 20
Dec.
7
Dec.
7

6

7%

35

375

1.80 Dec.
41

4

Dec

1c

7

35c

32

110 Wailuku Sugar Co capital.20

19% Dec. 28
4% Dec. 21
18% Dec. 28

50%
6%
8%
19%

Aug.

4.95 Mar. 29

7% Dec. 30

9

Dec.
Dec.
Dec.
Dec.

1

44

4

48%
5%
8%
15%

Feb.

2.35 Aug. 18
9
Feb.
8

7% Dec.
6
54% Dec. 14
9% Dec. 29

3% Dec. 15
Dec.

50c

5

17c

1

Nov. 16

8

6

3% Dec. 19
14c

Dec.

25c

7

5

Sale
3%

Los

12

*

200 West 'tf'se El & Mfg Co

1.50 Dec. 21

1
6% Dec.
54% Dec. 14
9
8% Dec.

30

""

Mar.

1

5

7% Dec

44% Feb. 18
50c
Apr. 29
14% Oct. 27

5% Mar. 25
Nov.
7
25 106
13 47% Oct. 27

6

-

35c

50c

26%
3%

„

10

25c

8%

*

280
«

2

23%

7%
54,

34%

—

Dec.

4%
7%
2%
24%

52%

18

42,061 U S Steel Corp common
*
3,065 Utah-Idaho Sugar Co com..5
2,620 Vica Co common
25

200
-

Class A preferred
Class B common

4%
7%

51%

4%

*

common

2.50
50

30c

100 U S Industrial Alcohol com.*
61,152 U S Petroleum Co capital
1

3,900
2,998

5%
Sale

5

18,955 United Aircraft Corp cap
5
5,097 United Corp of Del common *

2,412
1,004
^

4

18%

50

100 Texas Corp common
25
209 Title Guaranty Co cum pf._*
Union Carbide & Carbon—
330
Capital...
*

100

23

20%

175 Superior Portland Cement

295

10

20

45* 4l*

Sunset-McKee Salesbook Co
Class A common
*
237

15

52%
Sale
8%
19%
23%

23%

25

6% preferred

13

30

1.50 Dec.

9

51%
6%
8%
19%
22%

5

6%
2%
21%
14%

2

24

22
24

25

*
8,068 Standard Brands Inc com
200 Standatd Oil (N J) capital.25
1,050 Sterling Oil & Dev Co cap
1
17,379 Studebaker Corp common..1

1,793

Dec.

23

32% July

132% Dec. 23
25% Dec. 22

1.40 Dec.

Sale

1.50
45

12%
7% Sale
2%
2%
8
6%
25
29%
4%
4%

10%

6%

..25

6% pref

3

Sou Pac Golden Gate Co—

930

30

4%
17c

4

52

28

9%
24

5

cap.

6% preferred

Sou Calif Gas

6%

3%

Sou Calif Edison common. .25

27,097
11,386

20

*

com

655 Silver King Coalition M

100

3%

9

20

*

Point Co Ltd

4%
5%
2%

2

17

985 Shasta Water Co common..*

2,820
2,066
1,689

23

5%

150

Preferred

426

2,564 Sears

«,

33

4

5,045 Schumacher Wall Board com*

-

8%
16%
21%

1.70 Sale
45
Sale

36,272
com
*
2,634 Radio-Keith-Orpheum com. *
4,017 Riverside Cement (Del) A
*

35

—

i

10

19*
31
5
32

Radio Corp of Amer

1,334
—

10c

15c

6

6

100

413

—

5

44%

05c

4%
Sale

48%

.

230

3%
15c

3%
7%

'

150 Pantapec Oil of Venez com.l
1,360 Park Utah Cons Mines com. 1
200 Pennsylvania RR capital. .50
997 Pioneer Mill Co Ltd capital 20

~

10c

Sale

2.20

43%

.10

947

•>»

Dec.

30

9%

6%% preferred
100
14,218 Packard Motor Car Co com..*

50
350

Sale

44%

30 %

616

2,710

30c

7%
56%

2.30

3%
5%

*

common

com.

2,782

176

Sale

Dec

101 % July

•

323 Pac Finance of Calif

""723

6%
55%
9%

43%

4.50 ~~5%
29c
Sale

2,938 Oahu Sugar Co Ltd capital 20
1,764 Olaa Sugar Co Ltd capital.20
1,262 Onomea Sugar Co capital..20

690

Dec. 22

16

6

2.60

34%

Inc, common
*
15,784
202,321 Mountain City Cop Co cap .05
3,290 Nash-Kelvinator Corp cap..5
25,824 Nor Amer Aviation Inc cap._l

495

2.50

36%

10

Montgomery Ward & Co,

35c
Sale

20c

23

10% Dec. 20

2:40

382 Monolith Portl Cement com.*

85

30c

3% Mar. 29
35% Dec 22

25c

Dec.

43% Dec. 14

35%

1,431 McBryde Sugar Co Ltd cap..5
827,819 MJ&M&M Consol capital. 1

95

Sale

7% Dec. 30
40% Dec. 14

20c

40c

3%

53%

18c

215

6%

5
6% Dec.
35% Dec. 22

10% Dec. 20

2.50

1.50

Sale

Highest
Sale Prices

43% Dec. 19

25

20c

2.50

Sale

Lowest
Sale Prices

11%

1

6%

7

Highest
Sale Prices

22% Dec.

40c

6

Lowest

44%
25%

22

2.50

52

11,854 Kleiber Motor Co capital..10

1,555
4,915

1938

Sale Prices

123

Sale

9%

30c

Sale
Sale

1

6

24,106 Internat Tel & Tel common.*
83,987 Italo Petrol Corp of Am com 1
105,202
7% cum preferred
1
14,170 Kennecott Copper Corp com *

Sale
Sale

10%
105%
43%
24%

10%

41%
22%

6

2,464
7,984
7,372
1,130
2,500

""230

7%

60c

31

Ask

37
25c

36% Sale

2.60

80,438

3,622

58

52%
20%

1,401 Hawaiian Sugar Co capital 20
2,023 Hobbs Battery cl A capital..*
B capital
*
1,032
566 Holly Oil Co capital.
1
687 Honokaa Sugar Co capital.20

50

330

Dec.

Ask Bid

105

i3°M w

20

Preferred

9%

ioF

*

common

Bid

20c

Great Western Electro-

12,761
21,293

5,423
11,048

YEAR

Jan. 3

Par

"",726

RANGE FOR

Price

12 Months

28
1.55 Jan. 12
Nov. 12
71
1% Jan. 13
Jan. 17
19
May 25

Dec.

21

8

Dec.

5

Mar

5

Dec

21

ni

21 % Mar
117
Oct

5

4

30

21% Mar. 30

30

26 118

July *18
22

Feb.

3

Nov.

Angeles Stock Exch.
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE
Stock Sales

1938

December
Jan.

Shares_

llto Dec. 31

AGGREGATE

SALES

LOS

1937

581,744
6,833,944

Shares

Par

Shares

5,100
150

1,650

60

847

1,200
850
200

4,345
_

1,780
_

3,550
700

2,000
1,000
206

754
998

700
769

2,998
1,260
2,339
For footnotes

Barker Bros common

5%% preferred

Preferred
vot

trust

28

33

55c

20c

Sale

1

90c
27c

60c

80c

50c

30c

50c

10
„

10

see




page 65

4%

62 %c

Av*
2

2%

3%
50c

8%
100

YEAR 1938

5

31

34%

Sale

1%
9

5

Ask

1

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

1%

3%
11%
29%

Sale

5c

4^

34

2% Dec.
6
11% Dec. 23
32% Dec.
9

33

Dec.

7

25c

20c

Dec.

20c

Dec.

1

12%

1

Dec.

22

11% Dec. 23

57 %c
25c

75c

60c

Dec.

17

65c

Dec.

12

30c

30c

Dec.

21

30c

Dec.

21

2%

Sale

2% Dec.

6

3% Dec.

5

Dec.

28

8% Dec.

15

50c

5
24

Mar. 23

Apr. 30
20c
Dec.
1
52 %c Mar. 30
25c
May 26

1% Mar. 10
62 %c Mar. 22

„

l'A

87%c Mar. 18
2% May 24

Sale

6% June
2
9
May 25

1 % July
5% Oct.
13
Oct.
33
Oct.

45c

Jan.

1.00 Jan.

50c

July
4% Aug.
62%c Mar.
12% July
10
Feb.

7
13
19
31
6
4

18
30
22
20
23
22
8

1

5c

10c

2c

5c"

2c

4c

lc

Dec.

20

2c

Dec.

17

lc

Dec.

20

5c

Jan.

1

4c

7c

lc

6c

lc

5c

lc

Dec.

28

lc

Dec.

28

3c

Apr.

4

5c

Feb.

3c

Dec.

13

4c

Dec.

12

4c

5c

Dec.

2

5c

Dec.

2

3c

Dec. 12
Feb. 26

17% Dec.
16% Dec.
17% Dec.

7

15

4,500 Chapman's Ice Cream Go...*
10,169 Chrysler Corp
5
19,098 Consolidated OH Corp
*
.

1 %
4
12

23

ctfs..l

com

3%
11

42c

2,206 Byron Jackson Co
*
1,654 California Packing Corp_.
*
4,487 Central Investment Corp.100

13,560 Consolidated Steel
Preferred
22,339

3%

Dec.

Ask Bid

1

1

Preferred

Bid
62 %c

3%

com

417 Brock & Co 2d pref
12,950 Buckeye Union Oil com
9,200
Common vot tr ctfs._

2,500
10,100

Ask

1
..1

100

6,680 Broadway Dept Store

Dec. 1

*

11,600 Barnhart-Morrow Cons
11,050 Berkey & Gay Furn Co
Warrants
2,200
66,545 Bolsa Chlca Oil Corp A
B common
500

RANGE FOR

3

1938
Bid

400 Assoc Gas & El A
64,600 Bandini Petroleum Co

$5,500

__

Price
Jan

STOCKS

1938

1937

1938

PRICES IN DECEMBER

STOCK EXCHANGE
December

Jan. 1 to Dec. 31

ANGELES

12 Months

V I In

Bond Sales

December.

597,698
13,724,472

•
♦

4c

11c

5c

9c

15%

16%

19
16
1.35

46%
8%
3%
7

20

4c
3c

10c

2c

9c

17%
20%

18%
21%
18%

3c
17

20

17%

2%
47%
9%

75c

4

9

79%
9

5%
9%

1

16%
15
1

10c
7c

18%
17%
Sale

1%
83%

82%
Sale
8% Sale
6%
5%
•6%
10%'
9%
9%
80%

7
17% Dec.
15% Dec. 20
14% Dec. 30
1

80%
8%
5%
9%

Dec.

3

Dec.

12

Dec.

9

5
Dec.
Dec. 22

1.10

Dec.

12
5

20

80% Dec. 12
9

Dec.

6

Dec.

6

10%' Dec.

15

1

3c

Dec.

13

Oct.

28

Sept. 26
15% Dec. 20
10
Apr.
1
1.00 Sept. 26
36

Mar. 31

7% Mar. 31
2% Mar. 30
7% Sept. 24

5c

20% July 21
20% Apr. 16
21
Nov»;. 1
1.45 Mari 23
88
Novl
9

10% July
7% Oct.
11% July

19
26

19

Jan., 1939]
AGGREGATE

SALES

December

Shares
400
61
866

1,794
6,159
10,500
36

"£669
"5", 235
1,360
124

1,748

STOCKS

Creameries of

"t.5i6
7.150
400
100
20

200

I

arlca Ttc.*
>.

25

aft Corp

*

Products Corp

Electrical

385

"2.666

434

434
10
40

General Metals Corp
General Motors Corp
General Paint

93*
75c

*
25
*

6,848 Goodyear T At R Akron com.*
$5

Preferred

58,710 Hancock Oil Co A
83,950 Holly Development Co
1,010 Holly Oil Co

*
5

200 Honolulu Oil
Corp

306,075

Men a sco

1

9c

10

10
1

1

Mfg Co

17c
Sale

15c

1

6,961 Merchants Petroleum Co
52,800 Mid-Western Oil Co
2,155 Mills Alloys Inc A
575
B
21,200
285,300

5c

*

2

1

*

23*
4

Sale
434

65c
1.25

75c
Sale

25c
4c

35c
6c

90c

*

Sale
14c

28c
1.15

Sale

.1

2,200

7,500 Pacific Clay Products......*
16,700 Pacific Distillers Inc
1

45c

62c

1,598

21,698

11

1134

215

1,955

Preferred series A.......10

1,250

Preferred series C

700

490

1,738
1,070
267

1,110
611

110

"""400

Ac Dev—1

Nor don Corp

38,200 Occidental Pet Corp
40,500 Oceanic Oil Co

Pac Finance

1

Corp common.10
..10

7,738 Pac Gas Ac Elec Co com....25
5,070
1st pref 6%
....25
1,867
5H% let preferred...... 25
12,410 Pacific Indemnity Co......10

3,711

Pac Lighting Corp com...

595

•

._._.*

$6 preferred

1,400 Pacific Public Service
700
First preferred...

*

._...*

145

645 Pacific Western Oil Corn. ..*

100

2,000 Puget Sound Pulp Ac Timber*

4,150
60

1,500

16,981
1,033
1,295
47,770

76,150
1,271
23,186
199,881
13,733
27,695
178,470
800

3
10
587
125

4,000 /
800

7,247
160

1,677
1,427
100
1,464

5,709
12,527
800

3,530
1,101
69,883
14,728
1,220

Preferred
Rice Ranch

10
50

...

Oil Co

1

Richfield Oil Corp common.*
Warrants
...

Robert Public Markets...

Safeway Stores Inc

.._*

mm~

-

*

63*
265*

25$
195*
353*
101

434

25c
♦

Signal Petroleum Co

200

'"loo

505

200

6,000

"2.606
3,800

57,509 Southern Pacific Co......10ft
Standard Oil of Calif

*

Sunray Oil Corp
1
Superior Oil Co common...2
Taylor Milling Corp.....
•
...

200,483 Transamerlca Corp.
98,328 Union Oil of Calif...

17

1134
634

1234
65*

3%
2834

32

15c

?8

545

1,557
1,821
200
100

2,365

3",021
685
100

125

467
686

140

3,930
545

250
180

1,902
374
635

3,818
1,234
562
251

1,747
4,098
9,924
*

2

AV*

20

21

25*

Bfi
6c

193*

a

V*

Sale
25

A*

3c

9c

8c

283* Sale
23* Sale
33* Sale

1938

103*
93*
103*
93*
723*c 60c
370
365
103*

10c

65c

Sale

15

Sale

185* Sale

334

373*

70c
Sale

1.40

"48c"
9c

40
1

134
213*
83*
23*

Dec. 31
Dec.
2

Dec. 16
Dec.
2
Dec. 31
Dec.
6

May 26

44

65c

Mar. 21

1.30 Jan.

85c

2234 July
6
10
July 29
23* Oct.
6
8
Aug. 13 5734c Apr.
8c
Aug. 26
Oct. 18
103* Aug. 27
Aug. 27
18c
Jan. 20
Sept 30
Mar. 30 3734 Dec. 30
Jan.
5
33* Mar. 6
63* July 26
June
9
Jan. 16
May 10 75c
Mar. 26
53* Dec. 31
50c
Dec.
6
Aug. 26
9c
Feb. 19
May
5
Dec. 13
23* Jan. 26
Oct.

10

25c

Oct.

Sept. 26
May 16

70c

Jan.

21c

July

5

30c
Jan.
1.20 Jan.

7
14

934 July

25

7

50c
35c
4o

Dec.

17

Dec.
Dec.

2

5

2

Dec.

29

2

Dec.

1

6

22c

15

3c

13

1

10 %.
7c

Dec. 30

23* Dec.
33* Dec.

8c

10c

373*
23*
33*
9 523*c
50c
Dec,
53*
33* Dec. 28

28

6
31
6
Dec. 15
Dec. 14

49c

Dec,

11c

10c

Dec

53*
2

3 3*

Dec.

49c

Dec.

80c

Dec.

22c
3c

27

50c

Dec. 27

49c

1

10c

Dec.

1

6c

June 20

17c

Dec.

24

21c

Dec.

17c

Dec.

24

70c

Dec.

28

80c

Dec.

70c

Dec.

28

6

Dec.

28

30C

Sale

10c

25c

25c

Dec,

9

13

Sale

13

113*
934

Sale

113*
123*

1134 Dec. 28
1
113* Dec,
1
934 Dec,

27

403*
107

63*
193*
103*
63*

Sale

283*
313*
283*

10
29
32

283*
273*
433*

41

33* Sale

33*

42

36

16c

25c

18c

Sale
23*
33*
Sale
283*

3H
40
25c

93*
23*
23*
3 3* Sale
634 Sale
2834
2934
8J4

13H

11

29

143*

15
6c

Sale
25c

30

303*
183*

313*
Sale

27

Sale

23*
453*

23*
Sale

103* Sale
Sale

Sale
18

7

83*
13*
8
33*
43*

60c

43*
'

I

21
4

33*

5c
8

10

263*

6c

3034

30

1534
11c

Sale
10

243*
Sale
293*
Sale
323*
323*

21

Sale

2834

Sale
23*
433*
934
Sale
193*

41
8

63*
183*
15

73*
60c

434
4

43*
173*
33*

Jan.

5

25c

Dec.

9

93* Mar. 26
113* Dec.
1

Dec.

93* Dec.
2934 Dec. 29

Dec.

7
17

32

Dec. 31

Dec,

7

28

Dec.

28

33* Dec. 28

Dec.

7
16

Dec.

30

Dec. 27

Dec. 19
Dec. 24
Dec. 21

334 Dec,

16

38

Dec.

3
30

9

18c

Dec.

16c

Dec.

12

33* Dec.

1

3

93*
234
33*
73*

Dec.
Dec.

43*
20
4

Nov.

28

Dec.

26 283*
30 433*
29 109
734
9
7 203*
24 143*
73*
26

Dec.

13

334 Dec. 13
734 Dec. 13
2834 Dec. 21

143* Dec. 28
6c

30

Dec.

2

Dec.

16

143* Dec.

15
2

1

Dec. 27

July 20
Nov. 14
Jan. 14
Nov. 3

13
16
26
30
30;
17"
31
2

1334 Sept. 14

Dec.

6c

22

7

Aug.

31

2

17c
39

Oct.

Feb.

25c

Feb.

4

Dec.

21

Dec.

30

73* Jan.
3
193* May 31

Dec.

13

35

Jan.

2534
233*
3034
273*
934
2534

Apr.
1
Apr.
1
Nov. 4
Sept. 14
Mar. 30
Mar. 31

9

2834 Dec. 28
273-4 Dec. 31

3134 Dec. 22
313* Dec. 22

2134
283*
234
453*
1.034

Dec. 31

Dec.

53* Dec.
1834 Dec.
1434 Dec.

u93*

Dec.

15

Dec.

19

2

Dec.

1

26

Dec.

1

8

Dec.

Dec.

403* Dec.
8

Mar. 30

May 26

43

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

9

5c
18

July
July
Oct.

2334

Dec.
Dec.

423*
2834
263*
3134
3034
173*
2634

1

Dec.

1

534
173*
634
534

Dec.
Mar.
Jan.
Mar.
1
July
334 Apr.

173* Dec.

Dec.

7

4

43* Dec.

5

334 Dec.

8

Dec.

43

Dec.

43* Dec.

6

2

Mar. 18

8

23
12
13
16
26

Feb.
Jan.
July
Aug.
9
July
1
July
55* Nov.
65* Jan.
45* Dec.

June 18

334 Dec.

13

28
31
22
22
12
25
20
23

133*
125*
225*
20j*

16

3

Dec.

Dec.
Dec.
Dec.
Dec.
21?* Jan.
345* July
3 3* Jan.
46
July

8
31
26
16
21
6

Dec. 31

5
4
4

285*
273*
315*
313*

28

19

3

30
&
10
2

103* Aug. 20
243* July 20

27

Mar. 26
Dec.

7

Dec. 16
Dec. 30

63* July

234 May 20
1.05 Mar. 30
125* Mar. 30
1.25 Apr. 22
23* Mar. 16
23
Oct. 24

3334 Dec.

9

Dec. 31

25c

27

19

403* Nov.
26c
May
93* Dec.
23* Nov.
33* Oct.
73* Dec.
2534 Nov.
3
July

31
20
5
25
1.10 Mar. 30

_

Dec. 31
Dec. 31

30
32

26

7

Dec.

Jan.

10
10

153* July 26
123* May 19
93* May 24

7

Mar.
Mar.
July
Mar.

Dec.

18c

83* Dec. 10
23* Dec. 14

49c

31
25
8

83*
13*
8
Sale

Jan.

9

2334 Mar.
Apr.
26
Sept.
1834 Mar.
323* Apr.
1013* Mar.
4 3* Mar.
1734'May
103* Dec.
4
May
28

38

25c

243*
4234
283*
2734
313*
3134

2

5

Dec.

Dec.

313* Dec,

28

33* Dec. 13
734 Dec. 13

73*

143*

7

293*

33*
28

>25

193*
173*

293*
Sale

734 Dec.
33c

28
28
Dec, 16 2834
433*
433* Dec, 30 433*
2 109
109
107
1073* 1073* Dec,
73*
73*
63*
6
213*
203*
203*
203*
1934 Dec.
11
113*
103*
113*
1034 Dec. 24
8
7
53*
63*
63* Dec. 21

30

38

93*
23*
33*
33*
273*
33*
73*

"103*

9

2

53* Apr.

21c

3034
273*

26

Oct.
6
1.30 Sept. 8
2.50 Aug. 18

27

213* Dec.

Sale

.28

Oct.

Jan.

25c

2
83* Dec. 31
2
Dec. 16

213* Dec.

60c

73*

21

.

25

17c

63*

Jan.

«>uly 23
Nov. 9
i-NUV
7
July
July 23
July 19

76

80c

Sale

5

6

25c

734

13

Dec. 14
Oct. 13
Aug. 24

Jan.

6c

Sale

7
7

27

Dec.

373* Dec. 15

Sale

6

"2$* "3*

Dec. 20
Dec.
9
Dec. 21

10

Sale

12

27

80c

283*
263*

Sale

95c

40c

11c

Jan.

7

Oct.
Oct.

33* Mar. 29
33* Mar. 12
17
Apr.
7

21c

273*

11

35

'45c

45c

43*
33* Mar. 25
534
43* Jan. 26
75
Apr. 20
113*
93* Dec. 27
113*
634 Mar. 31
j .10
523*c May 25
340
Apr.
6 399
113*
103* July 21
»0 78
5334
253* Mar. 31
93*
63* Sept. 26
43

76

Dec,

413*

31

934 Dec. 30
534 Dec.
7
63* Dec. 29
373* Dec. 15

85c

523*c

1

9

53* Dec. 28
63* Dec. 29
323* Dec.
3

3c

70c

Dec. 20

Dec.

Dec.

8

5c

13*

85c

1 365

2
6

5034 Dec. 15

3c

53*

1034 Dec.
113* Dec.

9

5c

3c

223*

2 5*

83*
23*

27

434 Dec.
6
534 Dec. 20
Dec. 13

75

473* Dec.

1.30

"24"

Dec.

Dec.

Dec,
Dec,

40

2M

Sale

8

Dec. 27
Dec. 20

22c

83*
223*

Sale

43* Dec.

53* Dec. 20
75
Dec. 13

40c

36

IV*
29

23*
33*

Highest
Sale Prices

21c

21

Sale
2234
3734
26 34 Sale
24 3*
2434
275*
28 3*
29

37

Lowest

Sale Prices

50c

5c

7 3*

9
10c

Highest
Sale Prices

7

19

21

21
11
6

Mar. 18

35* July

234 Mar. 24

29

2

STOCKS—

1,705 Alaska Juneau Gold M Colic
258,950 Black Mammoth Cons M ColOc
704,100 Calumet Gold Mines Co..lftc
108,750 Cardinal Gold Mining Co
1
17,900 Cons Chollar G Ac S Co

1

303,000 Imperial Development Co.25c
2,200 Prince Cons Mining Co
10c
12,909 Tom Reed Gold Mines Co
1
106,500 Zcnda Gold Mining Co
1
STED

95*
18c
lc

10c

103*

21c

24c

134c

7c

Sale

20c

7c

9c

25c

3V*

3J4

lc

2c

234
134c

23*
lc

95*
25c

103*
Sale

434c

7c

5c

834c
234
134c

2

lc

934 Dec. 21
203*c Dec.
9
33*e Dec. 20

13

Feb.

28c

Dec. 29

12c

Mar.

39c

Oct.

7c

Dec.

1

3*c

May

163*cAug. 16

Dec. 21

7c

Dec.

9

4c

Dec.

22c

4c

23* Dec.

6

Dec.

6

lc

40c

55c

45c
10c

15c

10c

3c

5c

3c

934 Dec.

23* Dec.
5
13*c Dec. 13

lc

25c

35c

10c

6c

7c

3c

434c

Mar.

50c

Dec. 28
Dec.

8

10c
3c

Oct.

50c

10c

Dec. 28
Dec.
8

Dec.
Mar.

25c

3c

Jan.

45* Apr.
334c July

13* Sept.

60c

21c

934 Dec. 23

9c

Oct.

May
Jan.

4
21

6
11
21

4
4

STOCKS—

9,758 Amer Rad Ac Stand San... _*
1,145 Am Smelting Ac Refg Co.
3,157 Amer Tel Ac Tel Co
100
13,021 Anaconda Copper Mining..50
1,300 Armour Ac Co (111)
5
300 Atlantic Refining Co
..25
12,465 (The) Aviation Corp (Del)..3
100 Aviation Ac Transportation. 1

5,021 Bendix. Aviation
5
2,385 Borg-Warner Corp.....
5
1,300 Canadian Pacific Ry_.._
25
1,025 Caterpillar Tractor
_._.*

Columbia Gas Ac Elec

12

Sale

1443* 1453*
28*2 2934
19«
3 j

2034
43*

1134

115*

473*

'483*

*

1

8734c

"V%

Corp.*

2,667 Commercial Solvents
._._*
*
9,186 Com'wealth Ac Southern
1,440 Continental Oil Co (Del)
5

29,730 Curtlas-Wright Corp

1

Class A
I
1,545
5
2,050 Electric Bond Ac Share..
3,180 Electric Power Ac Light Corp
*
5,302 General Electric Co

674 General Foods Corp
*
1,935 Goodrich (B F) Co
*
4,718 International Nickel Co....*
6,334 International Tel Ac Tel....*
3,262 Kenm-cott Copper Corp
•

351 Loew's Inc

8,447 Montgomery Ward Ac Co
21,298 N Y Central RR
65,824 No Amer Aviation Inc

*

._*

"73* "73*
15*
23*
29H
303*
43* Sale
83*

93*

403*

"413*

133*

"143*

43*1

443*

Sale
16
163
183*
173*
523*
48
513*
513*
5034
1483* 1493* 14934 15034 147 yx
35
353*
343*
323*
3334
53*
53*
434
22J4
223*
2234
213*
Sale
83*
634
43*
33*
23
303*
223*
233*
303*
323*
293*
303*
63*
63*
53*
483*
453*
443*
8
73*
75c
13*
V*
63*
73*
73*
63*
93*
103*
113*
834
134
13*
13*
13*
283*
293*
313* 293*
63* Sale
434
263*
253*
263*
10
103*
113*
93*
10
103*
103*
113*
413*
423*
443*
413*
36
40
37
363*
223*
233*
2234
533*
5434

I*

J*

im

Sale

443*
593*
493*
183*

5834
483*

•

1

S*

Sale

value,
t Delisted April 15, 1938.,*.* Delisted May 25, 1938.
close of business Oct. 20, 1938.




Sale

"so"

Lowest

Sale Prices

60c
523*c
43* Sale
30c
21c

20

634
15*
634

No par

35c

6c
11

5c

7 5*

4,372

23* 1.10
213*
83*
73*
23*
J3A

43c

333*

10

700 Western Air Express Corp_.l
200 Western Pipe & Steel Co.. 10
8.500 Yoaemite Portl Cement preflO

95c

35c
3c

Sale

Van de Kamps Bakeries.....*
100 Victor Oil Co
10
915 Weber Showcase Ac Fix
pfd__*
23,105 Wellington Oil Co
1

200 Cities Service Co
200 Claude Neon Lights Inc

1,172

43*
25c
Sale

Sale

10 H
25

4,632 Universal Cons Oil Co

l)WL

1,058

105
5

1

6,500 Sontag Chain Stores Co Ltd. *
39,647 So Calif Edison Ltd com
25
2,802
Original preferred..... .25
22,977
ft% preferred
25
18,827
554% preferred
25
200 So Calif Gas
6% pref
25
8,564 So Calif Gas A
6% pref...25

MINING

16,500
41,300
6,800

9

15

3,200

7,305

12

2754
295*
265*
203*
355*

75c

10

525 Shell Union 011
Corp.......*

340,100 Sierra Trading Corp
17,100 Signal Oil-Gas A

55*

45*

1

Samson Corp B common
9,710
6% Preferred......
3,491 Security Co units

54,627
13,000
26,330
1,801

1.25

•

Ryan Aeronautical Co

2,088

140

""166

Republic Petr Co Ltd

65c

23

50c
13c

Mt Diablo Oil Ming

1.05

2

60c

12,100
7,500
3,200

Sale

93*
93*

103*

*

116,873 Lincoln Petroleum Corp
97,281 Lockheed Aircraft Corp
100,775 L A Industries Inc
14,064 L A Investment Co
17,600 Mascot Oil Cj

103*
93*

79

203*
73*
23*

*

Langendorf U Bak B

43*

53*

"693*

95c

1

1,620 Hudson Motor Car Co..
15,000 Hupp Motor Car Co....

43*

Ask

Sale
360
9
103*
93*
Sale
50
483*
493*
8
8
73*
63*.
10
93*
83* Sale
6
63*
53*
.53*
63*
634
63*
383*
323*
323*
107
103
li)9
100
Sale
41
40
393*

..*

common..

43*
53*
683*

365

2.50
10

Gladding McBean Ac Co

Ask Bid

Bid

10

Farmers Ac Merch Nat Bk.100

Globe Grain Ac Milling Co
477 Golden State Co

200

500

4 3*

39

Emtco Derr Be Equip Co.....5
Exeter Oil Co A
1

21,600 Inter coast Pet
Corp.........
24,600 Jade Oil Co
1

20,175
12,681
5,375
3,464
1,900
43,175
2,225

Ask

4

,

Douglas Air

30
"

'

District Bon

Dec. 31

Dec. 1

1938
Bid

,

YEAR

RANGE FOR

IN DECEMBER

Price
Jan. 3

Shares

7,200
1,221
1,861
3,294
20,459
186,200
380
1,100
25,269
3,300
14,435
14,660

65

EXCHANGE

PRICES

LOS ANGELES
STOCK EXCHANGE

12 Months
1938

In

STOCK

ANGELES

LOS

Dec.

9

Dec. 22
Dec.

1634 Dec.
5134 Dec.

1

14

Dec.

17 1473* Dec. 17
3
3434 Dec. 28

Dec.

27

Dec.

9

Dec.

2

5

Dec.

12

303* Dec.

Sale

193*

15

534 Dec.
4534 Dec.

7
7

14 j
30

53*
363*
9

134

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

28

Dec.
Dec.
Dec.
Dec.
Dec.

28

28

Dec. 29

23

934
103*
4434
3934
2434
55 34
934

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

16

12
8

9

Dec. 13
Dec.

30

73*
113*
134
3034
734

20

8

Dec. 10
Dec. 28
83* Dec. 27

83*

30

1.00

23

2234
33*
243*
53*

30
23

June
Jan.

25
3

10

July 14
Sept. 15
Mar 23
Aug. 10
June 15
Sept.23
Jan. 26
dept. 15
Mar. 29
Mar. 31
Oct. 13
Mar. 25
Sept.13

23

8

15

28

Mar. 31

23

36

Nov. 26

15

103* Mar.
47
Sept.
53 Mar.
273 Mar.
50
July

29
14

9

44

60

Dec.

6

60

Dec. 30
Dec.
6

513* Dec. 19
9
1734 Dec.
5
153* Dec.

53

Dec.

a

6

31

Dec.

§ Removed Sept. 8.

Mar

3

29

32 34 Dec.

15

14
18

65* July

43* June 14
Aug.
3

29

213* Dec. 31
193* Dec. 30

Removed Oct, 10, 1938.

31
14
31
31

25

Mar. 28

103* Mar

26

Mar

30

6

18
Aug.
3
83* Dec. 30
3
154 June

25

25

1}

Dec. 13
9
Dec.
8
Dec.
Dec. 23

185* Oct.
56 3* Oct.

30
5

Mar. 30 14934 Nov. 16
213* May 26 4134 Oct. 17

2234 Dec. 31
83* Dec. 30

42

5434
523*

95* Mar
493* Oct.
112

-

Dec.

29

Oct.

24

75* July

19

w*

36
52

Nov.

10

July

13

June

15

93* Oct.
Aug.
25* Oct.
3234 Sept.
73* Dec.
12

9

17

8
27

12
30

28

Dec. 29

10

Oct.

14

135* July

20

Jan.

10

®H

Nov. 18
Nov. 10

11%

Dec.
Oct.

5

P

Nov.

9

Dec.

6

60

29

533* Nov. 9
215* Dec. 31
195* Dec. 30

b Suspended from trading

66

LOS ANGELES

.

AGGREGATE
In

LOS ANGELES
STOCK EXCHANGE

SALES

PRICES IN DECEMBER

UNLISTED STOCKS

Shares

628

523
620

2,413
1,453

-

110

2,726
330

1,005
2,075
855

1,892
656

1,217

4,128
3,223
10,820
10,013
21,753
5,310
13,226
1,330
1,505
4,275
2,155
6,492
1,656
10,717

North

American Co........*

Ohio Oil Co

....

Packard Motor Car Co

-

4

..—♦

434

Radio Corp of America..—*
Radio- Kelt h-Orpheum

*

"6~" ""634
334

434

Republic Steel Corp
Seaboard OH Co of Del....
Sears Roebuck & Co

*

—*

Socony-Vacuum Oil Co
Southern Rv

-

2034
54

2034
5454

*

....

Standard Brands Inc

...*

Standard Oil Co (N J)
25
Studebaker Corp..........25

7 34
4534

8 34
46

.....

"38" "3834
1334

1434

526 Unioo Carbide & Carbon

426

1,021

3,921

540

Unitei.

*

Jkcraft

6.240 United Zl

670

rp

Corp.......*

(Del)

*

U S Rubber Co

*

3,670
11,299 U S Steel Corp
100
5
22,505 Warner Bros Plctu res
590 Westinghouse Elec Ac Mfg..50

1,699
1,205
390

'"334 ""334
22

34
5234

2 2 34
6334

6

634

9834

9934

Bid

Dec.

31

Ask Bid

21% 2234
934
934
434
434
1034
1134
734 Sale
234
234
2234
2234
2034
2134
7234
73
13 34
14
1834
19
7

25

...25
3,042 Texas Corp
3,452 Tide Water Assoc Oil Co..10

751

1934

Paramount Pictures Inc.....

568 Swift & Co

568
842

Dec. 1
Ask

19%

1938

(

1938
Bid

YEAR

1

Jan. 3

1938

Shares

RANGE FOR

Price

12 Months

December

STOCK EXCHANGE

Lowest

Ask

22 34

934

2 3 34
934

4 34

4 34

1334
734
234
2434
2134

Sale
Sale
234
2434
2134
7334
1334
Sale
734
5334
734
1934

;

73

1334
22 34

Sale

634

Highest

Sale Prices

Sale Prices

2134
934
434
1234
734
234
22 34
2034

Dec. 20
Dec.
9
Dec.
9
Dec. 13
Dec. <9
Dec. i.2
Dec.
2
Dec. 19

73
12 34
2234
634
5134
734
1834

Dec. 28

5134 Sale
5234
734
734
734
1834
1934
1834
4334
44
4434
1234 Sale
1234
8334
8434 8934
8934
8534
3734
43
3834
4234
4334
3
334
334
334
234
50
4734 4834 51 34
52 34
63
6334
6834
6934
6234
534
634
634 Sale
534
120
11534 11634 119
114 34

Cleveland Stock

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

31
20
1
10

Dec.

14

Dec.
Dec.

9
8

23

13

2134
934
434
1334
7 34
234
2434
2034

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
7334 Dec.
13 34 Dec.
22 34 Dec.
7
Dec.

5134
734
1834
4634
1334
9034

Dec. 29

43

Dec. 28

3
51

Dec.

12

Lowest

20

Sale Prices
26
Nov. 10

934 Dec.
9
334 Mar 30
634 Apr.
7

1234 July 13
534 Oct. 27
1334 Dec. 31

21

30
31
'

31
12

Highest

Sale Prices
15
Mar. 29

5

Mar. 29

29
19

134 June
2
May 24
1934 Mar. 24

28

59

8
31
1

Dec.
Dec.
Dec.
Dec.
Dec.
Dec.

24
15
2

28
29

15
Dec. 29
Dec.
6
Dec. 14

Dec.
9
6634 Dec. 23
Dec. 21
634 Dec. 31
Dec.
7 12034 Dec. 31

13

June 20

1234 Apr.

5

14

5

Oct.

634 Dec. 20
44% May 28
5
Apr. 20
1834 Dec. 13
3434 May 31
1034 Mar. 29
8134 Sept. 29
2434 Apr.
9
234 June
7
25 34 June
1

3834 Mar. 31
334 Mar. 26
65 34 Apr.
1

9

Oct.

21

534 Jan.

10

2534 Nov. 16
2634 July 19
7334
1534
2234
934
5534
934

Dec. 28

July
Dec.
Jan.
July
Oct.

13
31
11
16
21

1834 Dec.
2
Sept. 19
1534 July 23
8134 Sept. 29

46 34

43

Dec. 29

434 Oct.
55

17

Oct.

13

6834 Nov. 9
8
July 19
9934 Sept. 29

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON
Stock Sales

December

Shares_

1937

408,371

SALES

47,446

612,399

December

12 Months
1938

Shares

540
112

PRICES IN DECEMBER

par.

2,369 A!r-Way El Appl lit 7% pf 100
1,684 Akron Brass Mf£ common
*
3,025 Amer Coach & Body........5
2,384 Apex Electric & Mfg
481

*

"with proxy"......
$7 cum prior pref

100
18,495 tBrewing Corp of America..3

"982

55 Canfield Oil 7% cum pref 100
7,870 City Ice Ac Fuel
•

65

"""286
652

2,357

705 Clev El 111 $4.50

»
100

cum prer

22,667 Cleveland Rys

800 Cleveland Ac Buffalo Tran..*

15,757
15,055

105,596 Cliffs Corporation v t c
*
4,489 Colonial Finance Co com...l

142

362 Commercial Bookbinding...*

123

1,218 Dow Chemical 5% pret.. .100
1,197 Elec Controller Ac Mfg
....*
1,539 Faultless Rubber..
•
170 a&Federal Knitting Mills
*
2,285 acFederal Knitting Mills
*
50 adFederal Knitting Mills
*

155
150

486 Poote Burt

1,267*
1,806

545 General Tire & Rub

7,062 Goodyear Tire & Rub

313
25

180
461

1,291
50
422
258

176

""300
1.460

40

187
681
175
190

5,255
1,128
517

"75
950
10

330
588
445

"""498
"'"432

41

10

92
4 34

Sale

17

Sale

2

334
61
10134 112
31

H
134
15% Sale

"29 % "39"
1073* 109
66

70

18

7%
33*

•
*

*
»

597 Miller Wholesale Drug
»
931 Monarch Machine Tool Co..*
1,575 Murray Ohio Mfg
*
20 Myers (F E) & Bros Co com..*

1,689 National Acme Co common.. 1
8.874 National jjRefining ........35
Preferred........

19

203*
3

234

9)4

111

113

434 Dec. 10

7

9

8

Dec. 21

Sale
13)4

8

Dec.

15

834 Dec. 13
834 Dec. 31

8

16

71

Dec.

8

Dec. 30

70

80

534 Dec.

6

23

40

21

Sale

12

10

14

pref....*

2,910 Thompson Products Inc com*
2,745 Troxei Manufacturing...... 1
706 Union Metals Mfg Co
»
4,854 Upson-Walton.
I
23,753 Van Dorn Iron Wks Co com.*
1,553 Vlchek Tool.....
*
3.753 Warren Ref Ac Chein com
2

4,744 Weinberger Drug
•
410 W R I Corp pref
108
432 White Motor Co common
1

13 X
116)4

17
70
Sale

12
17
116 X
70
? Sale

153*

16

2334
96

23
34

2434
3734

2534
3834

20 34

25

20

Dec. 20 113
Dec.
1
24

20
16
Sale

123*

""63* "11)4
9

Mar. 29

2334 Nov. 12
13

10

15

11634 Dec.

10

10
5

13

Dec

10

5
Dec. 31

109
60

Jan.

6

6 11634 Dec.

62

Dec. 21

70

16

Dec.

1734 Dec.

3
534
24 34
24
100
100

1

6
Dec.
3
Dec. 28
24
Dec. 16 100

2234 Dec. 13
3634 Dec. 14

3

41

3834 Dec. 28

97

99

97

31

Dec.
6
Dec. 28
Dec. 16

2334 Dec. 14
3734 Dec. 24

4

37

35

40

19

17

1734

15

14

434
1334

Sale
Sale

11

1534

13

434

15

Sale

16

1254

17

32
15

40
17

30

33

234
3)4
1634

173*
2)4

5

18
3

60

3
75

75

8

3

IX

11)4

3%
1734
934
51

14

Sale

14)4
4)4

Sale

60

20

123*

13"

10

19
14$*

12

31

Sale

3

Sale

17

Sale

1%
1

12

35

434

27
16

134
34
2934
24

Sale
20
11%

Dec. 23

32

Dec.

9

4034 Dec. 30

Dec. 29 100
Dec.

28

3334 Dec. 22
6
1634 Dec.
1334 Dec. 22
334 Dec. 28

134
1

Dec.

6

Dec.

28

2234
25 34

26

3134
4

3534 Dec. 28

27

Dec

Dec. 16
11 100
13
2534 Oct. 25
19
373-4 Dec. 24
29
Jan. 19
17
16

50

June

1

11

35

Feb.

7

28

1734 Jan. 14
4014 Dec. 30

2
12 100
28

3

12

1434 Dec. 19
434 Dec. 31
1334 Dec.
1

13

June

12

1434 Dec. 13
3234 Dec. 30

1434 Dec. 13
3334 Dec. 13

Dec.

Dec.

15

Dec. 23

234 Dec. 16
6034 Dec. 28
3

Dec. 21

1734 Dec. 23

Dec. 28

13

234 Dec. 19
6034 Dec. 28

60

16

5

3

1734 Dec. 27

12

4

Dec.

534

Dec.
Dec.
Dec.
Dec.
Dec.

21
22
14

23

434 Dec. 31
Dec.

1

134 Dec.

6

Dec.

9

52

834
234
40

13s
34

21
18

20

Jan.

25

1834 Jan.
634 Jan.

26
18

17

Oct.

27

4

Jan.

18

4

Mar. 23

33 34 Dec.

13

Mar

W$At

234 Dec
Aug

52

234
4134
134
34

2

334 Mar. 30
8
Jan. 10
2
Apr.
1434 Dec
2234 Apr

Nov. 30

634 Jan.
44)4 Jan.

65

Dec

Apr.
Mar.
Sept.
June
Sept.
Sept.
Dec
Dec

_

29
3
11
23
26
14

23

Mar.

8

634 Feb.
1834 Sept.
12
July
52
Sept.
1234 Sept.
434 Jan.

17
7
30

60

28

Feb.

3
10
11

3 34 June 30
1
Oct> 26

10 >8
1634
1534
Sale

1434
9
15
1234

34

35

534

6

634

5

on34
29

5

28

Feb.

8

29

Jan.

24

Dec.

3

2534 Dec. 15

20

June

15

33

Jan.

26

13

2534

1134
1334
734
1334
11%

13X

3

24

Aug.
Dec
Sept.
Nov.
Dec
Apr.
Sept.
Apr.
Apr.

88

17

Feb. 28
Jan. 19
July
9
July 14
Jan. 24

84

Mar. 31
Sept. 15

29

70

6

2134
2034
1234
734
834

27

1

Dec.
Dec.

Jan.
Jan.

3

Dec. 28

5

5

55

15
Sale

2

Jan. 28
Sept. 27
Jan.
7
Apr.
1
July 14

Mar.

3134 Jan. 22
11734 July 27
75
July
1

24

1434

3534
1634
13 34

3 34
50

314

1534
1834
9 34
734

2034
4234

3834

534

1

Nov. 10
Dec.
8
Jan. 12
Mar. 30

May 18

Dec.
Dec.

66

434

8

32

10

33
20

6

1

11

13

40
Sale

Dec

11

2734

85

18)4

18

2134 Dec. 29

40

13

"II

5

9

16

58

25

June 15

6

33

60

33*

8

Dec.

4

28)4
31
16)4 Sale
2%
3)4

14

Mar. 21

July 13
834 Aug. 17
40
July 21
9734 May 28
1234 Jan. 25
66
Sept.17
2034 Dec.
2
234 July 22

Dec.
Dec.

10
13

11

5

July 13
834 Dec. 13

1934 Dec.

28

3834

13

1134 Jan. 2.'
1634 Feb. 21

234 Aug. 12
4134 June
3
65
10734 Jan. 13 113

Dec.

22

3

15

13

2034 Dec.
2
234 Dec. 14
6134 Dec.
7

6
3
25

2

Dec.

21

734 Apr.
1334 Dec.

12

13

Dec.

21

15

1434
1134
1934
1434

1334 Dec. 15

Dec.
Dec.

13

21

1334 Dec. 15

9

Dec.

19

10

Dec.

5

9

Dec.

,13

Dec.

14

14

Dec.

14

13

Dec.

1134 Dec. 29
32

Dec. 24

434 Dec. 29

1134 Dec. 29

19
14

834 Apr. 26

534 Dec. 29

30
2

Mar. 28
Mar. 26
29

Dec.

35

1

Nov.
Jan.
Feb.
Oct.
39
July
534 Dec.

22

12
17
10
26

12

29
Nov. 10

50

Sale

37

Dec. 27

50

Dec. 30

12

Apr.
954 Mar

30

1354 July

34

35

35

Sale

34

Dec. 27

Dec. 31

3334 July

11

28

Dec.
Dec.
Dec.
Dec.
Dec.

21
3

18

Sale

Aug. 15

35
Sept. 26
27
Dec
13
5 34 Jmy
5

13%

2634
334
1134
334
334

Dec.

334
10X

2834
434
10 34

35
27

June

16

1134 Dec.

1

3 34 Dec.

21

334 Dec. 20
534 Dec. 28

134 June

8

11

33)4

48

24

10)4
32

38

~3X "4"
7
6

13

2

Sale

6

6)4
12

4
4

6

4
Sale

434
7

4

334
5

2834
1334
434
4

7

Sale

134
1434

2%
16

134
1334

1434

100

60

70
13

60

1234

5

7
20
10
21
20

Dec. 20

82

13

434 Dec. 31
1134 Dec. 10
Dec.

4

69

1134
80

J*

18

11

pref series A. 100

payment endorsed,

c

Second

8

5

Oct.

Mar. 26

50

7
5

7)
2)

23

10

Feb.
1
Nov. 12

July

1

Jan.

5

13

Oct.

1

20

Jan.

25

45

May 25

63

Nov.

134 Sept. 27

2

Youngstown Sheet & Tube—

No par value,
a In liquidation.
b First
t N»me changed; formerly Peerless Corp*

2

Dec. 28

Aug.

100

*

...

Dec.

234 Dec. 21
58

21

12

*

20

66

14"" "41"

834 May 31
Mar. 15
Aug.
9
4
Mar. 25

July 21
July 12
734 Sept. 28
63
May
7

2034

24

common...

20
3
Sale

32

434
6)4
3 34

634 Dec. 31

10

Mar. 26

95

2034
40

34 %

80

434 Dec

53$ Mar. 23

40

18

29




Dec. 31

10
81

110

10

Patterson-Sargent..
*
Reliance Elec & Eng........
Richman Bros
*
Seiberllng Rubber......
•
Preferred..
100
S M A Corp common
.1
Stouffer Corp—

Sale

21

33

*

80

113

30 X
7

cum

Highest
Sale Prices

19

1.531 Ohio Brass B..

534%

Lowest
Sale Prices

111

X
29

14

Highest
Sale Prices

Sale

18

2)4

•

2

59

nf,%
27

598 Ohio Confection

79
16

63

*

*

Lowest

95

60

3,819 NettieLeMur"A"__
•
214 Nineteen Hundred Corp A__*

cum

Sale

97

100

13,832 National Tile...

4,253
5,335
27,455
4,506
3,891
5,425
378

1938

Sale Prices'

50

85

22

58

__.*

6)4

10

16

43
15
14

*

Sale

953*
9)4

66

....100

2,106 Otis Steel Co
3,274 Packer Corp

Ask

193*
193*

•

5,151 Metropolitan Paving Brick..*

927

634

79

6

....

Preferred

15)4

12

73

24

18

5

2.398 McKee (Arthur G) B
7,028 Medusa Portland Cement
187

31

10

30

....*

Kelly Island L & T
tamson Sessions

Class A $2.25

320

8)4

...._*

3,558 Lima Cord Sole & Heel
1
330 McKay Machine
_.._.*

20

1,552

50

Hanna IM A) $5 pref
Harbauer
Interlake SS__

2.905 Leland Electric

226

2,715
1,719

6

10

100

690

1,195
3,190

7

10

8

58 %

5

Jaeger Machine

8

834

73

100

403 Halle 111 or her s
2,604
Preferred

164

6

com..*

1,101 Grelf Bros Cooperage......*

1,425

6

Dec.

Ask Bid

11

5

306 Great Lakes Towing
246
Preferred

1,181
2,255
8,497
2,553
5,995
13.628

Bid

50
100
12

...»

com

190

420

10

198 General Tire preferred
100
3,399 Goodrich B F Co common
*

6

210

434

*

339 Fostorla Pressed Steel

35
25

68 34

.

250

YEAR

15

53*
10
10

.........100

4,201 Clark Controller new
1
2,055 Cleveland Builders Realty..*
12,693 Cleveland Cliffs Iron pref—*

163

5,317

4

Ask

100

common

Preferred

Dec. 1

1938

*

805

15 Canfield Oil

RANGE FOR

Jan. 3

STOCKS

Bid

465
73

1937

Jan. 1 to Dec. 31-_

Price

Shares

845
68

1938

December

CLEVELAND

STOCK EXCHANGE
In

Bond Sales

65,509

Jao. 1 to Dec. 31___

AGGREGATE

THE CLEVELAND STOCK EXCHANGE

1938

1334 Dec. 28

1434 Dec.

1134 Dec. 28

1134

payment endorsed.

5

Dec."28

4

1134 Dec. 28

1134 Dec. 28

85

85

Oct.

20

d Third payment endorsed.

Oct.

20

In the earlier part of

this publication complete records of the dealings

the country, for the latest month and for the calendar year to
General

Quotations

we

only those dealt in

on

combine in

one

date,

are

on

the leading stock exchanges of

furnished.

In this department of

comprehensive whole, securities of all classes and descriptions, -not

the exchanges, but also leading unlisted and inactive securities.

The following is an

index to the different classes of securities quoted:
Page
Exchange Seats......................... 83
Federal Land Bank Bonds...............

Page

Page

Joint Stock Land Bank Securities........Ill

Mining Stocks

91

Foreign Government Bonds.............. 92

Railroad Stocks.........................
Real Estate Bonds....

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

84

Municipal Bonds—Domestic............. 91

Industrial Bonds

81

Industrial Stocks.......................

84

Public

Utility Bonds.....

Insurance Stocks.......................

99

Public

Utility Stocks.................... 78

Canadian....

84

...

93

Textile Stocks.—...—.................

84

73

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

Railroad Bonds.........................

Investing Companies Securities.......... 72

71

................112

Real Estate Trust and Land Stocks..

Title Guarantee and Safe Deposit Stocks.
United States Government Securities.....

84

United States Territorial Bonds..........

91

67

91

Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue.
The 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
therefore the 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
always "flat," and no designating mark is employed to indicate the fact.

Quotations for equipment bonds are based

on

average

maturities.

Quotations for guaranteed stocks are "and dividend" that is the accrued dividend must be paid in addition to the price.
#
It should be borne in mind In the use of these tables that the quotations for many inactive and unlisted securities are
merely nominal, but in all
cases the figures are obtained from sources which are considered reliable.
The following abbreviations are often used, viz.: "M" for mortgage, "g" for

gold, "gu" for guaranteed, "end" for endorsed, "cons" for consoli¬

dated, "conv" for convertible, "s f" for sinking fund, "1 g" for land grant, "op" for optional.
The black-faced type in the letters showing the interest period indicates the month when the bonds mature.
NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted bonds.

Bid

Bonds

RAILROAD BONDS
Aberdeen AAsheboro 1st 5s'40 J AJ f
Adirondack 1st 4 54s 1942 gu M& "
Akron A Barb Belt g 4s 1942. JA
Akron Canton A Youngs town—
Gen A ref 6s 1945 series A.AA
/
/
Gen A ref 554a 1945 ser B.AA

Ask

27
60

35
70

99

2554
2554

10554
10354

VJCU

Ulw^w

UO

vv<v

JL a xU-

/
/

«-

8
1
77

7254
Albany A S us q 354s g 1946—i
Alleghany Corp—
80
Coll tr conv 5s 1944——FAA
69
Coll A conv 5s 1949——JAD
Coll A conv 5s 1950——AAO /
5s stamped 1950
3654
A&O
10454
Allegheny Valgen 4s 1942-MAS
Allegheny A Western—
1st mtge guar 4s 1998
4554
AAO
American Refrig Transit—
3.50
Equip 5 54® series E1939--MAN 6
5.00
Equip 5s ser F, G A H, '41-'4fi b
3054

27

27

104""
10

80

77

__

.

_

82

70
50

3754
10454

^

50

2.50%
4.00%
33

A Term—

Ark A Mem R

97

Aroostook Nor 5s g 1947—..AAO

104""

Fe—
107
gold 4s 1995—.AAO
Adjustment 4s July 1 1995 Nov / 89
Stamped ............MAN / 8954
Conv g 4s of *09 due 1955.JAD
Conv g 4s *05 due 1955—JAD
Conv g 4s of TO due 1960. JAD
Conv deb 454s 1948
JAD
Trans 8 L 1st g 4s 1958—.JA
10854
Gal-Ariz lstAref454s'62 opMAS
98
Rocky Mt Div 4s 1965... AJ
56
Athens Term Ry 1st g 5s *37—JAJ /
Atl A Birm.
See Seab'd Air LI
Atlanta A Charlotte Air Line—
8554
1st M 454 1944 ser A
JAJ
lot M 5s 1944 ser B
JAJ
9554
Atlanta Knoxville A Northern—1st mtge gold 5s 1946
10854
JAD
88
1st cons 4s Mar 1 2002
MAS
99
Atlanta Terminal 6s 1939—.FAA
60
Atlantic City 1st 4s 1951—-JAJ
Atchison Topeka A Santa

_

Gen mtge

33

1st 5s ext May 11954....MAN
Atlantic Coast Line RR—
1st cons 4s July 1 1952—MAS
Conv deb 4s 1939 op *16—MAN
Gen unifser A 454s 1964—JAD

10-yr coll tr 5s

May 1 '45.MAN

Lou A Nashv 4s Oct 1 '52.MAN

•

Equipment trust 454s—.— 6
Eq 4tts 1939-41 E (yr)—*FAA b
Eq tr 2 54s 1939-52
AAO 6
Atlantic Coast Line (Conn)—
Irred ctfs of indebt 5s—...JAD
Atlantic Coast Line of S O—
Gen 1st g 4s July 1948——JAJ
Atl A Danvill« 1st 4s 1948—.JAJ
2d g 4s 1948.—......—-JAJ
Atlantic A Yadkin gu 4s '40.AAO

Aug Term 1st gu g 6b 1947—AAO
b Basis

75

10754
9054
9054
95

9254
9054
10054

10854

9854

Ask

5-year sec notes 4 54s 1939.FAA
Ref A gen 5s series A 1995. JAD
Certificates of deposit
Ref A gen 6s ser C 1995--JAD
Certificates of deposit
Ref A gen 5s ser D 2000--MAS
'
Certificates of deposit
Ref A gen 5s ser F 1996--MAS
Certificates of deposit
Convertible 454s, 1960
FAA
Certificates of deposit
P L E AWVa Sys ref 4s'41 MAN
Certificates of deposit
S'west Div 1st mtge 5s '50-JAJ
Certificates of deposit
Tol Cinn Div ref 4s A '59--JAJ
Eq tr 454s 1939-40 (yr)—MAN
Eq tr 454s *39-*41 O (yr)—FAA
Bangor A Aroostook—
1st M 5s g Jan 1 1943
JAJ
Cons refund g 4s 1951
JAJ
4s stamped 1951
Plscat Div g 5s Jan 1943..AAO
St Johns Riv Ext gu 5s *39.FAA
Yan Bur Ext 5s g Jan '43-AAO
Washburn Ext 1st 5s '39-. FA A
Battle Or A Sturgis gu 3s '89. JAD
Bay City A Battle Crk 3s '89 JAD
Bedford Belt 1st 5s 1938
JAJ
Beech Crk Ext 354* 1951—.AAO
Belt RR A Stk Yds (Indplis)—
1st ref gold 4s 1939
MAN
Belt Ry of Cbatt 1st 5s *45—JAJ
Belvidere Del cons 3 He 1943-JAJ

9354

52 H

55
60

39

40

Boston ANY Air Line—

19 H

20

70

18 54

1954

19 Vs

20
20

1854
16 54
16 k

17 54

1854
1854
3-854

1654
11H

it*
1154

.is*
5.50

5.50

Boston A Albany 5s Oct
5s June 1942

85
99

6454

6854

75
68
2.25
2.25
2.75

7754
71

1.50%
1.50%
2.00%

80

85

93
35

96

,

37

5.00%
5.00%
107 %

9954
99 H

105
102
105
102
40

100
106

45

43
48

101
75

102

'63..JAJ

.JAD
AH* imp J 1978
FAA
1st mtge 454s ser A1943..AAO
3 Hs Jan 1 1951—
JAJ
Ref 3Hs 1952 gu N Y O—AAO

Boston A Maine RR—
1st mtge 5s ser AO 1967.—MAS

1st mtge 5s ser II1955
MAN
1st mtge 4 %s ser JJ1961—AAO
5s series AA 1944......
AAO
5s series DD 1945
JAD
5s series FF 1947
JAJ
5s series R 1940...—....MAN
5s series T 1941
.;
MAS
.

3654
3254

5s series U 1941...
MAN
5s series V 1942
MAS
5s series W 1942———AAO
5s series 2 1943.........MAN

54

Mtge 454s 1944....
k Last sale.

JAJ

n

Nominal.

3.50
83

5s 1939-44

MAN

1st mtge gu g 4s 1955—FAA

Bost A Prov deb 5s
July 11938
Boston Rev Beach A Lynn—
1st m 454s Juy 15 1947—JAJ15
6s ext to Jan 15 1947
JAJ
Boston Term Co 354s 1947.-FAA

4s1950
!
—„JAJ
Buffalo Creek 1st 5s 1941
JAJ
1st ref 5s 1961—
JAJ
Buffalo Rochester A Pittsburgh—
Con g 454s 1957

—MAN

Certificates of deposit

2.00%

2.75
85

J&*
24

66

55

58

55

58

20-yr coll tr 45*8 1946—-MAS

2754

Coll tr 5s 1954
JAD
S f 454s Dec 15 1944—-JAD 15
Coll tr 454s 1960
JAJ

Canadian Pacific—
Cons deben 4s perpetual

28

8S-H
26

Conv coll trust 3s 1945
Coll trust 254s 1941—
Eq tr 5s 1944.

26
_

26
26

23

JAJ

Conv coll tr 6s 1942
MAS
15-yr conv colltr 4s 1949—JAJ
Conv coll tr 354s 1951
FAA

27

26

26

754

5.00'
5.00'

5.00<
9

70
10
5

14

8654

8754

8

90
82
60

26

27

70

Burl Cedar Rapids A NorthCon 1st A coll tr 5s g '34—AAO
Certificates of deposit——
Cambria A Clearfield—
1st 5s g 1941
JAJ
Gen M g 4s 1955
.FAA
Cambria A Indiana RR—
Equip trust 2 54s 1939-47—AAO
Canada Atl Ry 1st 4s 1955—JAJ
Canada South 5s 1962 ser A.AAO
Canadian National Rys—
454s guar 1957
.JAJ
454s guar 1951
...MAS
454s guar 1956
.FAA
454s guar 1955—
JAD 15
40-yr 5s guar 1970——FAA
5s guar July 1 1969—
JAJ
5s guar Oct 1 1969
AAO
5s guar 1954
FAA
16-year guar 3s 1950
.JAD
13-year guar 3s 1950
JAD
Guaranteed 3s 1944
MAN
7-year guar 2s 1943
FAA
4-year guar 2s 1942.
JAJ
17-year guar 3s 1953—...FAA
Eq tr 454s 1939-1942 (gu) MAN
Eq tr 454s 1939-45 (ann).JAD
Equipment trust 5s
Canadian Nor deb 654s '46—JAJ
Canadian N W454s Oct22 1943—

6454

27

5.75
5.75
5.75

23

70

2654
2654

21

...

67
74
53

57"

Ask

20

Buff A Susquehanna RR Corp—
1st 4s Dec 30 1963
_JAJ

_

—

85"

2.40

161"
80

*8*
ii*

3254

10654

11254

65

„

Bessemer A Lake Erie-

Birm Term 1st g 4s 1957 gu.MAS
Bluff Point Land A Imp 1st 4s *40
Boonville St L A Sou 5s '51.FAA

Bid

54 H
49 H

75 54

7154

Equip tr 2 Ha 1939-1947—MAS

84

50
99

1st mtge g 4s, July 1948--AAO
1st mtge g 5s, July 1948--AAO
Certificates of deposit

Bonds
Boston A Maine RR (Cont)—
Mtge 4s ll942
....FAA
Mtge 3s 1950.
——.—JAJ
Equipment trusts—
354s 1939-44
JAD
4548 1939-43
AAO

Big Sandy Ry 1st g 4s 1944—JAD
Birmingham Southern—
Equip trust 3He Dec. 11939-46

96

31

1st mtge gtd g 5s 1941—.JAJ
Augusta Union Sta 4s 1953..JAJ

/ This price Includes accrued interest.




Bid

Baltimore A Ohio—

Alabama Great Southern-—

Alabama A Vlcksburg By—„
1st M g 5s 1974 s. ries A..MAN

Bonds
Austin A Northwestern—

.

AAO

AAO
JAJ

Eq tr 454s 1939-1945s-a_-JAD

Caro Cent 1st g gu 4s 1949..JAJ
Oaro Clinch A Ohio 6s '52. JAD 15
Carthage A Adirondack—
1st mtge guar g 4s 1981...JAD

654
6 54
102

9454

9554

2.75

2.00%

9154

9354

9554

11554
11354

11554

115

11654
11854
11454
11854
11754
9854

11854
9954

99
103

104""

10054

10154

11754

116$
119

101

98
2.90

99
2.00

2.90
2.90

2.00

12254
94

7954
9754
9754
9354
8954

2.00
122
97
80
98 n
100
94

93

ya

102

1025?

89

90
87
87 y±

8654

33
U2&
4254

10554
44

9654
11254
2.00%
60

10654
55

68

BAILR0A1)

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 o the month preceding the date of issue

Bonds

Bid

A&O

1948

Catawissa RR g 4s

101

12

13

Central Arkansas & Eastern—•
1st 5s 1940
J&J /
Cent Branch Union Pacific-—
1st 4s 1948
J&J
Central of Georgia-—
1st M g 5s Nov 1 1945—-F&A
Cons gold 5s 1945
—M&N
Ref & gen 5%s 1959 ser B.A&O
Ref & gen 5s 1959 ser O—A&O

Eq tr 4Kb '39-'40 ser P<yr)M&S
Eq tr 4 Ha ,39-'40serQ(yr)M&N
Chatt Div gold 4s 1951---J&D
Macon & Nor g 5s 1946-—J&J
Mid Ga & Atl 1st 5s

1947—J&J

-J&J
Oconee Div 1st 5e 1945——JAD
Cent New Eng 1st gu 4sl961 J&J
Mobile Div g 5s

1946

Central of New Jersey—*
Gen M (now 1st) g 5s 1987-J&J

-J&J

Gen M 4s 1987

Eq tr 4%s 1939-41
Central Pacific—

(yr)—F&A

Bonds

Ask

100

Bid

Eqtr 4 %s 1939-44
A&O b
Chicago South Sh & So Bend—
Sink fund 3s ser B 1963—J&J

14

17%

Chic Teri e Haute & Southeast—
1st & ref g 5s Dec 1 '66 opt J&D

32%
11%
5%

38

Inc mtge 5s Dec 1 1960
Chicago Union Station—

5%
6.50
6.50

12%

4s

Prior lien gold 4s 1996
Gen lien gold 4s, 1996

57
45

00

90

Erie &

89

Erie &

39

35

Choctaw Oklahoma & Gulf—
Consol gold 5s 1952
M&N

11%

13

8*

Cincinnati Hamilton & Dayton—
General 5s gold 1942
J&D
Cin Ind & West 1st 5s 1965-M&N

4.50%

Cincinnati Lebanon & Northern—

il*

8

6

4

31%
23
19

1st ref 4s g guar 1949-——F&A
1st g guar 4s Oct 1 1954—A&O

74

75

61%

I960 — --F&A
European loan 4s 46 -—ttl&S
Central RR & Banking of Ga—

60

70
61
50

1942—M&N

53

5554

88%

54

Coll tr 5s ext'd to

90

4.00
Eq tr 5s Dec 14 1939-'44 'J?) —
Char & W Carolina 5s 1946--A&O
86
Chatt Rome & Sou 1st 5s 47 J&J
35
100
Chattanooga Sta 4s 1957 gu_-J&J
Chesapeake & Ohio—
1st cons g 5s 1939-_-----M&N
101%
General 4%s gold 1992I—-M&S
118
Ref & imtp 3%s D 1996--M&N
Ref & .mpt 3 %s ser E 1996 F&A
95
Ref & impt 3%s ser F 1963 J&D
notes, 1940-J&J
lOOji
notes, 1941
—J&J
100%
notes, 1942
J&J
10054
notes, 1943
J&J
100J4
notes, 1944
J&J
101
notes, 1945
J&J
101
101
~,B/0
notes. 1946
-J&J
2.30
Equip tr 2s 1939-1947
M&S
2.30
Eq tr 234s 1939-1946——J&D &
Eq tr 3s 1939-1950
A&O & 2.50
1.50
Eq tr 454s '39-'40 (yr\r7-A&0 6
104
Craig Valley 1st 5s g 1940-J&J

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

Chicago & Alton RR—
Refunding g 3s 1949.-—A&O /
Chicago Burlington & Quincy—
Gen M 4s 1958
_M&S
lst & ref 4 %s ser B 1977--F&A
1st & ref g 5s 1971 ser A
F&A

'29.J&J
-J&J
2 54s 1939-47—-—A&O &

Illinois Div 3 %s '49 op
4s July 1 1949-

Eq tr

Chicago & Eastern 111 <new co)—
Gen M 5s May 1951
M&N/
Certificates of deposit
/
Chicago & Eastern Illinois—
1st consol 6s gold 1934.
A&O /
Chicago & Erie 5s 1st g'82..M&N
Chic Great West 1st 4s 1959.M&S /
Equip tr 4 54s 14A" 1945.-A&O 6
Chicago & Illinois Midland Ry
1st mtge s i 454s ser A *56 M&S
Chicago Indiana & Southern Ry—
Con mtge g 4s 1956 guar—J&J
Chicago Indianap & Louisville—
Ref Mg 6s 1947series A__.J&J/
Ref M g 5s 1947 series B—J&J/
RefM*g 4s 1947 seriesO—J&J/
1st & gen 5s 1966 series A.M&N/
1st & gen 6s May *66 ser B.J&J /
,

90

Monon Coal—■
N on-cum inc 5s 1955(w-s)— f

A&O

Chic June Ry & Un Stk
Coll tr ref 5s 1940

Fed inc tax. /
Gen M 5s'87 stpd inc tax-M&N /
GenM4 %s'87 stpd inc taxM&N /
GenM4 54s'87 stpd Inctax M&N /
15-year 654s Mar 1936
M&S
1st & ref 5s May 2037
J&D/
1st & ref 4 54s May 2037..J&D/
1st & ref 454s May 2037 C J&D/
Conv g 4%» 1949 ser A
M&N/
Eq 454a ,39-'42(yr)ser A.M&N b
non-pay

Chic R I & Pac Ry—
General gold 4s 1988
Certificates of deposit

J&J /
/
Ref g 4s 1934 opt to 1911.-A&O/
Certificates of deposit
/
Sec 4 54s 1952 ser A.
M&S/
Sec 454 ser A certif of dep
/
30-yr conv 4 54s I960
M&N/
Trustee ctfs 3 54s 1947—
Chicago St Louis & N O—
Con g 5s June 15'51
J&D 15
Con g 3%s June 15'51.J&D 15
Mem

Div

b Basis.

1st 4s

1951

J&D

58%
99%
55

59%
100%
70

J&J
A&O

106
106

Ser D 354s gen gtd 1950—F&A
Gen & ref 4
,8 1977 ser A-F&A

104%

109

10954

1253

13%

93

3.40

95%
98%
103%
2.00%

22%
22

s

1981

ser

85"

Equip tr 2%sser A 39-'52 M&S
1945-J&D

24 54

General mtge 454s 1980--M&N
& Pt Deposit 4s 1940—
Columbus & Hocking Valley-

A&O

27

20"
Connecting Ry <Phila)—
1st M gu 4s Mar 15 '51-M&S 15
1st 5s 1951
M&S
Consol

Dayton Union Ry 1st 4s '49.J&J

2154

Del & Bound Br 3 54s 1955--F&A
Delaware & Hudson—

6954

15%

16

1054
1054
454
454

13%

1854

Deb 4s 1955

1st & ref gold 4s

63
100

40

42

M&N

1943

Great Northern—

Equip trust 4s Apr 1 1939-'49—

29%

9%

20"
3

33
38

45%
30%

36

34

36

15
102

11%
354

62%

62%

5.00

4.00%

Denver & Rio Grande—
1st con g 4s 1936

J&J
J&J

—

1st

con

g

27%
2554
27%

454s 1936

Inc mtge 6s Jan 1 1960-An Apr
1st 4s 1950
J&J
Des Moines & Fort Dodge—
——

28

2754

5.75%
5.75%
5.75%
5.75%

5%

6
5

9%
5.50

10,

5.50

4.7598

5.50

4.75%

1454
1454

15%
14%

IS*
IS*

15%

1654

I854
11

19%

9%
9%
5%
5.75

10%

12

1054
r

5%

5.00%
18
17

8%
7%
9

9

88

74
6354

78

57

60"

Ctfs of dep for gtd

4sl935-J&J

4%

59

97%

99%

-M&N

Detroit Toledo & Ironton—
1st 5s Mar 1 1964

Eq tr 2%s 1939-1947

J&J

M&N

Detroit & Toledo Shore Line—
1st gold guar 4s 1953
J&J
Dext & Piscataquis 4 54s "49.-J&J
Dulutb Missabe & Iron Range—
1st mortgage 3 54s 1962—A&O
Duluth South Shore & Atlantic—

98

2.75

103
65
105

1st gold 5s 1937.
-J&J
Dutchess Co RR 454s 1940.-J&D
East Penn 1st 4s 1958
M&S

2.25%
70

105%

102

East Tenn & Western N C—
1st extended 5s 1965
M&N

75

East Tenn Va & Georgia—
Consol 1st g 5s 1956-.-

12%

110%

88
4.00
65

§2%
82

101

J&J

96%
87%

73
2.40
1.50

Eq tr 2s 1939-1947
-M&S
Eqtr 4%s 1939
M&S
Eqtr4%s 1939-1940 Diyr) J&J
Western Fruit Express—
Eq 5s J'ne lo 1939 <yr)J&D
Eq tr 4%s 1939-1940—J&D

I654

55

89

3.00%

101%
97%
91%
83%

&&
98
86

2IVI
1.00%

1.75

1.00%

1.50

1.00%
1.00%

1.75

J&J

85

91

W Va Midland Ext 6a '54.J&J
83
Greenbr Ry lst g gu 4s '40-M&N
103%
Green Bay & Western—
Debenture ctfs A Feb
/
54%
Debenture ctfs B Feb
7%

48

60

7%
53

6

9

Gulf Mobile & Northern—

1st 5%s 1950

ser

A&O

lst 5s 1950 series C
Gulf & Ship Island RR—
lst ref & term g 5s Feb

67%

70

A&O

B

70

79%

75

166"

'52.J&J

Stmpd (July 1 1933 cpn on).
Gulf Terminal of Mobile—
lst mtge g 4s 1957 gu
Harl

20

J&D

110

97%
85%

Harris Ports Mt Joy &
Ext 4s 1943

33
55

2nd Mort.gold4s 1995

97

J&J
J&J

61%

22

Detroit Term & Tunnel—
1st guar 4%s 1961

94

Gen mtge 4s ser G 1946
J&J
Gen mtge 4s ser H 1946
J&J
Gen mtge 3%s ser 11967—J&J

97

45

96

!00%

J&J

93

3%

100

'41-J&J

59%

1947--M&S

100%
92

94"

Guayaquil & Quito lst 5s '32 J&J2 /
„

4.75%

Det & Mack 1st lien 4s 1995-J&D

Des Plaines Val 454s

99M

Guantanamo & Western—
lst M 68 1958 series A
__J&J

Denver & Salt Lake Ry—

15
15
1834

8
754
834
" 734
3%
86

Eq tr 454s 1939-'42 (yr)—M&N
Equipment trust 5s
Equipment trust 554s

554

15

17%
15%

Gen income 5s Aug '55—F&A
Assented subject to plan
Ref & impt 5s 1978 ser B—A&O

105

103

.

.

Greenbrier Cheat & Elk—
1st 5s 1944

99"

104

an^Gent ral

Gen 4%s 1976 series D
Gen 4%s 1977 series E

16

9%
9%
9%

94

85

lst & ref g 4%s '61 opt

Denver & Rio Grande Western-

10454

25

103H

Gen M 5%S 1952 ser B
Gen M 5s 1973 ser C

Delaware Lackawanna & Western

101

25

J&J

98%

4.50%

25

Eq tr 5s Dec 14 1938-'43 «yr)„
Grays Pt Term g 5s 1947
J&D

114

31%

45

5.25
102

J&J

29%

107%

2

101

25

(Mountain and Prairle)4s 1955

Grand Trunk Western—
lst g gu 4s $ July 1 1950

109

5%

6354

J&J

Valley—See Michig

3%
7
38
112

97

J&J

Grand Trunk Pacific—
lst M 3s 1962...

3%

42

Superior) 4s 1955--.
1st 4s Feb 25 *39 Alb gu—M&N
lst 4s Feb 15 '42 Alb gu—M&N
Gen 4s 1962 Can Govt gu..J&J

109

Ext gold 4s 1948

"5%

9854

2.00%
106%

103

-

98

Grand River

21%

30
108

2nd ext 6s 1979
M&N
Gouvernour & Oswegatchie—lst 5s 1942
J&D

73%

15 H
2%
2%
5%

Ga RR & Bkg ref 6s 1951—A&O
4s Jan 1 1947
J&J
Ga Sou & Fla 1st g 5s 1945
J&J
Deb 5s 1952
A&O

77%
73%
2.50

10

f

Grand Rapids & Indiana—
lst 4%s 1941
lst 3 %s 1941

43%
17

M&N

88%

2%
1%

40 H

(Lake

Rys <N H) deb 4s '54-J&J
J&J
Deb 4s 1955
A&O
Deb 4s 1956 guar
J&J
Cuba Co extend 3s 1955.-—J&J
Cuban Nor Rys 1st 554s, '42 J&D
Cuba RR 1st g 5s 1952
J&J
754s extended to 1946——-J&D
6s extended to 1946—-—J&D
imp & equip 5s I960- —-M&N
□anbury & Norw ref 4s 1955-J&J

5.00%

Georgia Carolina & Nor—
Ext at 6 % to July 1 1934
Georgia & Florida RR—

87

b

11%

iaSH
102

J&J

42

Coal Riv Ry 1st 4s gu
Colorado & Southern-

20

'41-J&J

40

1st s f 554.8 1972 series A„ A&O
1st M s f 5s 1973 series B„ A&O
1st s f 454s 1977 series O—A&O
Olinchfield RR—

67%

14

%

Eq tr 4%s 1939s-a
M&N
Girard Point St'ge 3%s '40—A&O
Goshen & Deckert'n lst 5%s 1978

102

Cleveland Terminal & Valley—
1st 48 gold guar 1995
M&N
Cleveland Union Terminals—

22%
2254
100
90

107%

B„ J&J

454s 191

65

1

1957

1st M 6s 1946 series A
96

103
104

1942
1942

92

25

Certificates of deposit
Georgia Fla & Ala 1st 6s '52.F&A
Georgia Midland 1st g 3s '46-A&O

96

88"

85

1

Fort St Un Dep Det 4%s

88

9%
9%

8

Ga & Ala 5s Oct 1945
J&J
Ga & Ala Term 1st g 5s 1948-J&D

62

Ser B 354s gen gtd 1942—A&O
Ser O6 54s gen gtd 1948.-M&N

R

&

J&J

Portch—See N Y

N

62
H & Ha

J&J

Hoboken Ferry 5s 1946

M&N
Hocking Valley Ry—
1st cons gold 4%s 1999
J&J
Eq tr 5s 1939 (yr)
J&J
HolidayBburg Bedford & Cumb
1st M g 4s 1951 guar
J&J
Holyoke & West 4%s 1951
A&O
Housatonic con 5s 1937
M&N
Hudson & Manhattan—
1st gold 5s 1957 opt

F&A
5% Feb '57-A&O

Adj inc up to
lst M 4%s 1957 conv
F&A
Huntington & Broad Top Mt
RR & Coal extend 6s 1940 A&O
Extended 5s 1940
Illinois Central—
lst gold 4s 1951

106%
47
116
1.50

J&J
J&J

1951—A&O

lst g 3s sterling 1951
M&S
Coll jtrust gold 4s 1952—A&O

116 j
1.00'

91
14

27%

33

43%
12%

45

12%

48

6

A&O

lst gold 3%s 1951
lst extended g 3%s

rtford"

Lane RR

%

1

86%
83

83

75

58%

M&N

8454

90

Eastern Ry of Minnesota—
Nor Div 1st g 4s 1948
A&O
Edmonton Dun vegan & British

102%

105

Collateral trust 4s 1953

M&N

Ref mtge

5e 1955

M&N

63%

66

Columbia Ry 454s 1944--A&O
Elgin Jol & East 5s 1941—M&N

10154
10554

103

40-year 4%s Aug

1 1966. F&A

52%

53

106%

Elmira &

Williams port—
1st 6s 1910 ext at 4% 1950-J&J
Income 5s 2862
:
A&O
El Paso & R 11st gu 5s 1951 - J&J

J This price includes accrued interest.




77

65

8%

Certificates of deposit—
Fort Dodge Des Moines & Sou—
1st 5s 1938
J&D

65

Cleveland & Pittsburgh—

104

50-yr 5s 1975 series A
F&A /
11%
Oonv adj 5s Jan 2000
A&O
/ 3%
Chicago Milwaukee & St Paul—
Gen g 4s A May 1 1989—-J&J /
26%
Gen g 354s B May 1 1989-J&J/
23%
Gen 454s May'89 series C.J&J /
27
Gen 454s May'89 ser E—J&J /
27
Gen M 4 %s May *89 Ser F J&J /
27
Equip trust 3%s 1939-'53A&0 b
6.50
Eq 454s '39 '43 E & F eyr)_J&J b
6.50
Eq 4%s '39-'41 G & H iyr) J&J b
6.50
Eq tr 5s *39-'40 ser B iyr)_F&A 6
6.56
Chicago & North Western—

Stmpd

J&D

55

63

4%s 1982

con

Genesee River 6s

-

Gen & ref 4 ]

cons

43%

38

Proof of claim filed

107%

76

Cairo Div 1st g
C W & M Div 1st 4s g '91. J&J
St L Div 1st col tr g 4s '90 M&N

1.75%
1.75%
2.00%
1.00%

40%
102
102

gold 4s 1950
J&J
ref 4%s '52 opt__M&N

1st

98

14

Eq 4%s '39-41 H (s-a)-.-M&S
Florida Southern gu 4s 1945-J&J
Florida West Sh 5s 1934
J&J /
Fonda Johnstown & Gloversv—

Amended 1st

14

99

94

s f 6s 1955
J&J
Pittsburgh—
3%s ser B 1940—J&J

109

23

96

Jersey

Gen ref

23%

ie%

A&O

Eq 4%s '39-'41 LL (s-a)-M&S
Eqtr 4%s 1939-'43 (s-a)— M&S

101

103%

J&D

White W V Div 1st 4s '40--J&J

Chic Milw St Paul & Pac RR—

g 1987—---M&N/
Gen M gold 4s 1987
M&N /

37

Spr & Col Div 481st g '40-M&S

\ ds—

354s

108%
107%

1977-J&J
4s 1939
J&J

Ser A 454s gen gtd
Ser B 454s gen gtd

M&N

Proof of claim filed

General 4s gold 1993
Gen M 5s ser B 1993
Ref & imp 454s ser E

95%
10154

105

98
8054
24
6.50

2.00%

Cleveland Akron & Columbus—

96

11154

103

95

1st mtge g 5s series C '57-M&N
1st M 354s ser D 1971
M&N
Clearfield & Mahoning—
1st gtd 5s 1943
J&J

101%
118%

105

98%
91^
95 %
97^

2.65

97

_

A&O
104
Coll trust ref 4s 1940
A&O
104
Chicago Lake Shore & Eastern—
1st M 454s 1969 opt 1919.J&D
111
Chic Memp & Gulf 5s 1940.-J&J
42
ChicMilw& Gary 1st5s'48.A&O/
454

Gen M

b

101%

Cincinnati Union Term Co

Louis-—

Short Line 1st 4s 1953

Chic June RR 1st 4s 1945—M&S

A&O

1st cons guar g 4s 1940—F&A
Clev Cine Chic & St Louis—

_

__

Chic Indianapolis & St

3.00%

55. F&A

Chesterf & Lancaster 5s

Eq trust 254s 1939-52

Cin Northern RR 1st 4s 1951-J&J

Central RR of South Carolina—
1st ref 6s 1939-1976
Central Vermont Ry—

95

22

Florida East Coast 4%s '59. J&D
1st & ref 5s 1974
M&S
Certificates of deposit

35

100%

IP
liS

A&O

354s series O 1940
J&J
Florida Central & Peninsula—
1st cons 5s gold 1943
J&J

56

33

95%

41%

Gen gu g

Cinn New Orl & Tex Pacific Ry

45

/

1st consol gtd 4s 1942
M&N
Cinn & Muskingum Valley—

Guar g 5s

Series D 1953
Ref & imp M 5s 1967
Ref & impt M 5s 1975

88

10

5%

75

Conv gold 4s 1953 ser A__A&0
Series B 1953
A&O

105%
107%
105%
101%

35

14

Guaranteed

50

J&J
J&J

Ask

68

Erie—

59

56

A&O
J&J

1st M 4s series D 1963
1st mtge 3 %s ser E 1963

5.00%

-

57

42%

M&S

1944

6.00

Bid

El Paso & Southwestern RR—
1st & ref 5s 1965
A&O
5s stamped 1965

J&J
354s 1951
M&S
Chicago & Western Indiana—
Consol gold guar 4s 1952—J&J
1st & ref M 4 %s D 1962--M&S
Choc & Memph 5s 1949
J&J /

9
9

5.25

Guar

6

654
5.25%
5.25%

Bonds

Ask

Chic St Paul Minn & Omaha

I; Last sale,

n

Nominal.

103
100
64

102"'

Ref g 4s 1955 opt 1918.-M&N
Pur liens 1st g 3%s 1952--J&J

58

62

54%

57%

/

69

BONDS

RAILROAD

JAN., 1939]

NOTICE—All bond prices are "and interest" except where marked "f" and income and
Quotations for all securities are as near as possible for the closing day of the month preceding

Bid

Bonds

Illinois Central—(Concluded)
Carlo Bridge 4s g 1950. -J&D

Louisville &
84

Equipment trusts—
3sserR, 1939-1952 ....M&S
4%s ser K, 1939
F&A
4%s ser L, 1939-1940--A&O
4%s ser M, 1939-1941..M&N
4%s ser N, 1939-1941—A&O
4%s ser O, 1939-1942-..J&J

4Hp ser P, 1939-1944--A&O
4%s ser Q, 1939-1944--F&A

63

<

Southern

L & N Term 1st g 4s '52 gu

Macon
4.25

b

2.50

b

2.75

b

3.50

3.25%
1.50%
1.75%
2.50%
2.50%

b

4.00

3.00

4.0C

3.00
100

b

b

3.50

98
60

52

1st

4.50

20%
4

1.

19*4

2034
434
2434
19K

3.50%

78

81

82

85

55

60

834
4

opt.M&N

103%
103
J&D
Kal & Sou Haven—See Mich Cent
Kalamazoo & White Pigeon RR
96
1st gold 5s 1940
J&J
105
Kanawha Br & Ter 5s 1948.A&0
78
Kana & Mich 1st 4s 1990--A&O
Kan City Ft Scott & Memphis—
Ref g 48 1936 guar
A&O / 35
Certificates of deposit
I
K O Mem & Bir 4s 1934
M&
f
Income 5s Mar 1934
Sept
/
Kan City Sou—1st g 3s 1950 A&O
Ref & Impt 5s

Apr 1 1950--J&J
Eq tr 3s F Jan 1 1939 1943—- b
J&J

J&J
Kentucky Cent 4s g 1987—-J&J
Kentucky & Indiana Term RR
1st M 4%s 1961 (sterling)-J&J
1978

St*

10

434

101%

1st ext 4348

Stmpd accr int at rate 4.8665—

---

53,

ref 3%s 1997
J&D
Leamington & St Clair 4s '45 A&O
Lehigh & Lake Erie 4%s '57.M&S
Lehigh & New England—
g

4s ser A 1965. --A&O
Lehigh Valley Harbor Term Ry—
1st mtge 5s 1954
F&A
Lehigh Valley—
1st gold 4s 1948
..J&D
Gen mtge

35%
35%

71"

68%

69%

3.00

2.00%

108

1941.J&J

108%

88

105%

92%
82

'

90

50

60
88

86
68

88%

60

69"

82%

84%

37

44

60
61

18%

if*

20%
20%
19%

19%

20

20

23%
22%

5s assented 1941

Lehigh & N

32"

Y 1st 4s 1945—i

1965--A&O
Lincoln Park & Charlotte—
Lex & East'n lstgu 5s

111%

J&J

66

33%
114

1st gold 4s 1939 guar
J&J /
Long Dock cons 3%s 1950—A&O /
Long Island—
Unified g 4s. 1949
1
Refunding mtge 4i 1949—M&S
4s stamped 1949
M&S
Equip tr 5s 1939 (yr)
A&O b
b
Equip tr 4 34s 1941-45 (yr)_;
Los Ang-Pac Co ref 4s 1950--J&J

Louisiana & Ark 5s A 1969

J&J

Equip trust 3 %s to 1946—A&O b
Louisiana & North West RR—

100%

13%
60%
80

81%
81

2.50

3.75
49

80%
3.50

91%
83%
90

1.50%
2.75%
51 *

81%
2.50%

1st M gold 5s 1935A&O /
Louisville Henderson & St Louis—

Guaranteed gold 4s 1945--M&S
Louisville & Nashville—

105

J&J
A&O

1st & ref 4 >48 2003 ser O—A&O
1st & ref 4s ser D 2003—A&O
*

1st & ref 3 *4 s ser K 2H03

b Basis,

A&O

105

Gen

6s

100

1634

A

A&O /
A&O /

17
90

51%
66%

30%
37
29

38%
30
36

63

impt 5s 2013 C
A&O
sec s f 1946—A&O

76%

3 %s conv secured 1952
M&N
New York Central & Hud RIv—
Ref g 334s July 1 1997—J&J

83%

7%
5%
7%
3%
67%
2%

jy*
4%
75

2%
—

«•

—

64

98

J&D

1.50

434s Mar 15 1939
—M&S
4 34s 1939-1945M&N
2%s Mar 15 1939-1952

3.00

1939

N Y Chicago & St Louis—
1st 334s extend 1947

8

6%

1.50

3.15

76%
10434
6034
52%
75%

A&O

3-year 6s Oct 11938
Ref 534s 1974 ser A
A&O
Ref 434s 1978 ser C
M&S
10-yr coll tr 4s 1946
F&A
A&O
3-yr ext'd notes 1941
Equip tr 434s l939-*44 (yr)F&A
Equip trust 3s July 1 1939-'51
New York Connecting RR—
1st M 4 34s 1953 series A
F&A
1st guar 5s 1953 series B
F&A
-

64

6.00
6.00

.

103%
104%

New York & Erie RR—

60

M&N

1st 4s ext g 1947

36%
32

16%

2.75%

48%

49

2136
2036
2134
2036
2136
2036
2136
2036
2136
2036
3%

23

2d ext 5s 1939
3d mtge 434s 1938
N Y & Greenwood Lake

85

M&S
M&S

75
70
15

Guar g 5s 1946
M&N
N Y & Har 1st g 3 34s 2000—M&N
N Y & Hob Fy 5s May 1946-J&D
N Y Lack & Western—

1st & ref 4s

ser

A 1973

97
44

56%

M&N

1st & ref 434.8 1973 ser B—M&N
New York & Long Branch—
General gold 4s 1941—
M&S

21%
2134
2134

72

General 1st 5s 1941-:
M&S
NY & NE Bos Ter 4s 1939--A&O
N Y New Haven & Hartford—
Deb 6s Jan 15 '48 conv—J&J15
Deb 4s May 1 1957
M&N

50

16%
6%

Deb 4s

2134
21%

4

5

3.50%
3.50%

6%
62%
70

58%
66%

N Y Cent equip trusts—

5s

«»

80

tax-exempt.-J&J
A&O

9%

80

4.50
4.50

1942

Ref & ref 4 34s ser A 2013
L S coll tr g 334s 1998

3%

70

53

4s

66%

F&A
M O coll tr g 334s 1998—F&A
Spuyten Duyvil & Pt Morris—
334s 1959
J&D

73

60

75
70

57

61

15

Deb 4s

15

Deb

15

July 1 *55 non-conv J&J
1956 non-conv.__M&N
1947 non-con v..-M&S
Deb 334s March 1947
M&S
Deb 334s 1954 non-conv_-A&O
Deb 334s 1956 conv
...J&J
15-year secured 6s 1940--.A&O
1st & ref 4 34s 1967
J&D
Kquip.trusts 3s 1939-1951 M&S
434s9-15-39to3-15-45M&Sl5
434s 1939-1946
J&J
4s

15
15
15

24%

Vft
6.00

6.00
6.00

5s

Har

RiV & Pt'Ohes

53%

4s *54 M&N

N Y & N J Ferry 5s 1946

54

Ref 1st g 4s June 1992

-M&S /

M&S
/
b

b
b

/

Gen M g 4s 1955 red

29

28%
33%

34

5.25
5.25
5.25

4.25%
4.25%
4.25%

19%

22

50

53

44

J&J

Stock trust ctfs 4s 1948

N Y & Stamford 4s

M&N
A&O

102

120

103%

115

Montauk

80

Ext 1st 5s 1945
J&J
Montgomery & Erie 1st 5s 1956-- /
RR

F&A
J&D
M&N

B.M&N
Nashville Chattanooga & St L—
ser

A

Income 4s Jan 1 1939

74
99

1958—M&N

90

65%
48%
983a
33

N Y Susq

A&O

1955

/

M&N
J&D
A&O /

New York Phila & Norfolk—

N Y & Putnam 1st 4s g 1993-A&0
N Y Short Line 4s 1957
F&A

38

7%
4%

M&S
J&D

N Y Pennsylvania & Ohio—
Prior lien ext 4 %s. 1950—S5&S

N Y Prov & Bos 4s 1942

39

25
103%
52

50%
43%

«*

—

»

~

52%
50%
44%

F&A

70%

73

M&S 6

3.25

2.50%

& Western—
1st refunding 5s 1937--—-J&J
2d mtge 4 34s 1937
F&A
Gen mtge. 5s g 1940
-F&A
Term 1st g 5s 1943
M&N
N Y Westchester & Bos Ry—
1st M g 434s 1946 guar—J&J
Nord Ry s f 634s 1950A&O
Norfolk & Car 1st 5s
2nd

Norfolk

5s

1946-

Southern—

1939—A&O
J&J
,

1st & ref g 5s '61 opt T5--F&A
Certificates of deposit-----Norf & South 1st 5s 1941-M&N

11%
o

5%
30

3%
102
100
80

16

14%
56

lp
79 H
n

Nominal.

1st gen g 5s 1954 opt----J&J
Norfolk Term 1st gu 4s 1961M&N

104"

Norf Term & Transp 5s '48F&A
Norf & W Ry 1st con 4s '96-A&0
Norrist'n & Maine 1st 4s *62 M&S

Eq tr 2%s 1939-1952

k Last sale,

ser

10-year 3%s

Montana Wyoming & Southern—
1st mtge gold 58 1939
M&S

Constr'n 5s 1955 ser A
Constr'n 434s 1955 ser

105%

f Pric- includes accrued interest,




Monongahela Ry Co—
1st mtge 4s ser A 1960
Monongahela Sou 5s 1955

1st M 48 1978

99%
94%
88%
84%
78%

Ref &

4334
5434

3.75

1st guar g 4s 1991
M&S
Consol gold 3 34s 2002
M&S
Monon Coal—See Chic Ind & Lou

1st 5s 1963
Morris & Essex 334s 2000

103

Unified gold 4s 1940
1st & rer 5s 2003 ser B

Gen gold 4s, 1938
Ref & impt 4 34s 1977

Montour

1st mtge gold 5s 1946
J&J
Louisville & Jeffersonville Bridge

32
25

Mohawk & Malone—

64"

—

New York Ontario & Western—

Secured 5s 1938
M&S
Eq tr 4s 1939-1943
M&S
Eq 4 34s 1939-1942 (yr).. J&J 15
Eq tr 5s 1939 (year)
J&J
Montgom Div g 5s 1947--F&A

96

6s 1939

61

Mobile & Ohio—

§§**
50

-

-

--

15

59%

16

M&N
Secured 534s 1938-1956
J&D
Equip trust 5s 1939 *40(yT)M&8
Eq tr 4 34s *39 '44 F (yr). -M&N
Mo Pac (old)—Gen 4s 1975-M&S
3d ext 4s July 1 1938
M&N
Mobile & Birmingham—
Prior lien 5s
1945
--J&J
5s small 1945
J&J
Gen M k 4a 1045
J&J
4s small 1945
J&J

50

Litchf & Madis 1st 5s 1959-M&N
Little Miami guar 4s 1962--M&N
Little Rock & Hot Spr West Ry—

21

13

3036
30%

Certificates of deposit
Conv g 534s 1949 ser A

75

48%
46%
55%

19

33

Eqtr 2 34s 1939-1952
F&A
Mo Kan & Tex (old company)—
1st gold 4s 1990
J&D
Mo Pacific RR (new company)—
1st & ref 5s Jan 1965 A
F&A
Certificates of deposit
1st & ref 5s 1977 ser F
M&S
Certificates of deposit
1st & ref 5s 1978 ser G
M&N
Certificates of deposit
1st & ref 5s 1980 ser H
A&O
Certificates of deposit1st & ref 5s 1981 ser I
F&A

—

35%
b
4.50
Equip trust 4 34s
Newport & Cincinnati Bridge—
10834
1st M g 4%s 1945 guar
J&J
50
Newport & Richfor Is 5s 1941
New YorklCentral RR—
6736
Cons mtge 4s 1998 ser A-.F&A
Ref & impt 434s 2013 A...A&O
58%

91

102

Prior lien 434s 1978 ser D.J&J
Adj M 5s Jan 1967 ser A..A&O

58

Lehigh Valley Ry of New "1
1st 434s gold 1940
434 s assented 1940
Lehigh Vail Term 5s 1941--/

98

55"

40

Missouri-Kansas-Texas RR—
Prior lien 5s 1962 ser A
J&J
Prior lien 4s 1962 ser B
J&J

92

J&D
M&N

5s assented 2003

96

35

f

9

:::

63

Certificates of deposit
/
1st M 5348 1954 series A—A&O
/
Certificates of deposit
1st 5s 1956 series O
F&A /
1st M 434s 1956 series D—F&A

61

/

25
23

J&J

50-year 1st 5s 1983

Income deb 5s 2032
J&J /
New Orl & Nor East 6s 1915
Extended at 5% 1940
M&N
Ref & impt 434s 52 ser A.-J&J

1st 5s 1954 series B

134

/
/

n:

96

Non-cum inc 5s *35

69

63

2

Minn Terminal 1st 3 34s '50--J&J
Minn Transfer Ry 334s 1956-J&O

60"

J&D

gol< 4%s 2003—M&N
4 34 s assented 2003
Gen con gold 5s 2003
M&N

66

Minn St P & Sault Ste Marie—

J&J
J&J
J&J
2d M gold 48 guar 1949—J&J
1st ref 6s 1946 series A
J&J
1st ref 534s 1978 ser B—-J&J
25-year 534s 1949M&S

ff

New Orl Term 1st 4s 1953--J&J
New Orleans Texas & Mexico—

lH

Missouri Illinois Bridge and Belt
RR cons 4s 1951
J&J
Mo-Illinois RR 1st 5s 1959..J&J /
Mo Kans & Okla 5s 1942
M&S

71"

con

94%

40

1st cons gold 4s 1938

off--1951

receipt No 4 on
1951
Naugatuck 1st 4s 1954
M&N
New Eng cons 4s 1945 gu
J&J
Consol g 5s July 1 1945
J&J
New Haven & Northampton—
Ref cons 4s 1956
J&D /
N J June 1st 4s gu 1986
F&A

Deb

Minneapolis & St Louis—
1st 7s '27 ext at 6% 1932--J&D
58 ctfs of deposit 1934
M&N
1st refdg gold 4s 1949
M&S
Ref & ext 5s Feb *62 ser A.Q-F
Certificates of deposit

1st cons gold 58 1938
1st cons 5s 1938 gu int

69

4s assented 2003

Gen

%
80

63

15%
26%

79" Minneapolis Northfield&
Southern Ry 1st 6s '41--M&S

103

irred—(

%

70%
90%

to

1947M&S

coupon

Assent cash warrant and scrip

New Lon Nor 1st 4s 1940
J&J
New Orleans Great Northern—

80

_

106"

April 1914

1

'26 /
on)

N J & N Y 1st ext 5s 1950—M&8 f
General 5s Jan 1 1938
/

J&D

Mil Sparta & NW 1st 4s
M11&State Line 1st 334s

Lake Shore & Mich South—

Con M 4%s ann irred
Gen cons gold 4s 2003

28

26

at 434%

62

1st mtge 5s ext at 3 % to *47 J&J

ann

34"

110

1939--I

6s 1913 ext
1934 (1884)

Cons

coupon

...

20

40

50

J&J

1st mtge 4%s ungar 1961
Lake Erie & Western RR—

Con M 6s

3.50%
3.50%

87"

M&N
& Western

1939._\w

Con ext 4348

72
68
69%

Acer int at exch rate 4.8665—

Cong

4.50

4s(Apr 1914

con

1951-.-.

m

Joplln Union Depot Co—

1961

1st

101%

4s Asst(cash warr & coup) .1977
Michigan Central—
Ref & impt 4 34s 1979 ser C_ J&J
1st gold 334s 1952
M&N
Grand River Valley—
1st 4s 1959
M&S
Jackson Lansing & Saginaw
1st 3>4s Sept 1 1951—M&S
Joliet & Northern Indiana—
1st 4s 1957
—J&J
Kalamazoo & South Haven—
1st 5s 1939
M&N
Michigan Air Line—
1st 4s 1940
J&J
Middlesex Val 1st 5s 1942--M&N
Midi RR 4% franc bonds
(Foreign series) 1960
J&D
Midland
of N
J—
ext at 5% to 1940
A&O
Midland Valley 5s 1943
A&O
Adj M Apr 1 '53 ser A
Sept
Adj 5s series B 1953 Sept
/
Milwaukee & Northern—

Prior lien 434s assent cash
warr't & scrip irct No 4 on

70

39-M&N

1st g gu 5s Nov 1 1959—M&N
Meridian Term 4s *55 guar_M&N

99%

—

Plain

7136

65

Mexican International—

1951
A&O /
234
Jackson Lansing & Saginaw—
See Michigan Central
Jacksonville Terminal—
1st 5s July 1 1939.
100%
Ref & ext 5s series A 1967--J& J
105
96
Ref & ext 5s series B 1967--J&J
100
6a July 1 1967
Jamestown Frank & Clearfield
52
1st g 4s 1959 guar
J&D
Joliet & Nor Ind See Mich Cent

5s

National

41

ser.-J&J

1st gtd 334s 1941--------J&J f
Maryland & Pa 1st g 4s 51.M&S
1st cons A 6s 1963
....A&O
M'shfield & S'east—See Wis Cent
Memphis Union Station Co—

107

1957-

off 1977--

scrip receipt No 5 on 1977RR of Mexico—

56

70

J&D
1960-J&D

coll 4s ser A 45

Manitowoc Green Bay

Gulf Ry 1st 5s

1st M

90

coupon

Assent cash warrant and

Equipment trust 5s
Equipment trust 5%s--------

20

Kansas City Terminal Ry—
1st g 4s 1960 opt 1930
Kansas Oklahoma & Gulf—

54

April 1914

_

.

Manila RR Sou Lines 4s
1st 4s extend 1959—

6934

11

J&J
J&J

1st mtge &

102

63

—

1965

5s 1947

34

Gtd gen s f 4s (Apr *14 coup on)

72

102

Conv gen 434s ser A
Secured 6s 1959 1st

96

J&J

scrip receipt No 4 on

71

J&J

J&D
Dublin & Savannah—

Maine Central—

1957

Assent cash warrant and

108

Ry joint Monon coll

Macon Terminal 5s

6034
5534

J&J
J&J

80%

1945--M&S

gold 4s. 1952

Jacksonville & Gainesville &

1st g 4%s 1940 guar
1st 5s June 1 1944

July 1914 coupon on 1957
July 1914 coupon off 1957—

85

Indiana Harbor Belt RR—

Indianapolis & Louisville—
1st guar 4s 1956
...J&J
Indianapolis Union—
Ref & imp M 3 %b ser B '86 M&S
Internat-Great North Ry—
1st M g 6s 1952 series A
J&J
AdJ M Cs July 1952 ser A.April
1st M 5s 1956 series B
J&J
1st M 5s 1956 ser O
J&J
Eq tr 4%s 1939-42 (yr)..A&0
Internat Rys (Central America)—
Purch money 5s 1972——J&J
1st M 5s 1972 opt
M&N
1st 1 & ref6Hs 1947
F&A
Debenture 4s 1961
J&D.
Iowa Central 5s ctfs 1938--J&D
1st & ref g 4s 1951
M&S

Jan 1914 coupon on

86

65"

4%s series C, 1963
J&D
Indiana Bloomington & Western—
1st ext 4s 1940
—-A&O

Indiana Illinois & Iowa—
1st gold 4s 1950

98

Mob & Mont 434s

75

b

10534

National Rys of Mexico—
Prior lien 4 34s—

South East & St Louis Div—
2d mtge 3s 1980
M&S

76"
58

10436

1955--M&N
'46-F&A

Bid

Bonds

Ask

d

Pad & Mem Div 1st 4s

70

45%

111 Cent RR Co & Chic St L &
N O RR jt 5s, A, 1963—.J&D

Genl mtge 4s 1957
Gen mtge 4 %s 1957—

Nashville—(Conclude

Ati K & Cin Div 4s

90

J&J
J&J
Omaha Div 1st 3s g 1951--F&A
St Louis Div g 3s 1951
J&J
Gold 3%s 1951---J&J
Sp'field Div ext 3%s 1951 J&J
Western lines g 4s 1951.-F&A

Litch Div 1st g 3s 1951
Louisv Div 3%s g 1953

Bid

Bonds

Ask

defaulted bond*
the date of issue

118

112

70

RAILROAD
NOTICE—All bond prices

t

are

"and

interest"

Quotations for all securities are as near

Bid

Bonds
Northern Central—
Gen & ref 6s 1974 ser A—M&S
Gen & ref g 43*s ser A '74.M&S
Northern Ohio Ry 1st guar 6s—
Apr 1 1935 & sub coups 1945Oct 1938 and subs coupons—
Ctfs of dep stmpd as to sale of
April 1933 to Oct 1934.1945.
Stampod as to sale of Apr 1 '33
to Apr 1 1938 coupons
Northern Pacific—
Prlorlien g 4s Jan 1997
Q&J
Gen lien g 3s Jan 2047—
Ref & imp 434s 2047 ser A. J&J
Ref & Imp 6s 2047 ser B—J&J
Ref & imp 5s 2047 ser O—J&J
Ref & imp 5s 2047 ser D—-J&J
Eq tr 4 J^s 1939-'40 (yr)M&S15
Eq tr 22*s 1939-1947
M&S
Eq tr 23*s 1939-1946
J&J
Nor RR of N J gen 4 2*s 2000-J&J
North Pennsylvania RR—
Gen g 3 3-lOs 1953
J&D
Northwestern Terminal Co—

f
f

38

65

f

38

65

822*
5134
5434

8334
5334

Northwestern Terminal RR—
1st M 5s 1977—
An .-Apr
Norwich & Worcester 4 34« 47M&S
Ogdensburg & Lake Champlian—
1st guar g 48 1948
J&J
4s

--J&J

stamped 1948

Ohio Connecting 4s 1943
M&S
Ohio & Little Kanawha 5s '6CM&8

RR 4s 1938—J&J
1st M5Hs 1944
F&A
1st M 5s 1945 series B
J&D
1st M 434s 1950 series 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-Wash RR & Nay—
1st & ref g gu 4s '61 opt—J&J
PacFruit Express—See Sou Pac—
Pac of Mo 1st ex g 4s 1938--F&A
2d ext 5s gold 1938
J&J
Cardelet Br 1st 434s 1938. A&O
St Louis City real est 5s '38 J&J
Paducah & 111 1st 43*s 1955-J& J
Paris-Orleans extl 5 Kb 1968 M&S
6% franc bonds (foreign series)
Old Colony

red to

—J&D/

1956

67 ~
66

2.75

2.75

Gu tr ctfs g 4s 1952—..M&N
Gu tr ctfs g 334s 1941
F&A
Gu tr ctfs g 334s 1942
J&D

80

27
86"

28

108

30

434
434
434
434
10734
11334

1153*

1033*

"6"
6

I94

100
23

10034
26
15

6134

71
67

9834

J&J f
J&O

32*s 1966

mtge

1st

97
104

9224
9224
8324
81

4.75
1.50

series

F

2.75
2.60

5434
534

47

ser

A

J&D

Gen M 5s 1975

ser

B

_A&0

Gen M 434s 1977 ser C...J&J
Pitts Shawmut & Northern—

6% receivers' ctfs 1927
F&A
Pgh & Shawmut 5s 1959
J&D
Pitts Shenango & Lake Erie—
1st gold 5s 1940
A&O
Cons 1st g 5s July 1 1943
J&J

J&D
A&O
__A&0

Eqtr 334s Apr 1 1939-1946
Eq tr 234s 1938-1946
J&D

Stephenville Nor & Sou Texas—
1st M guar g 5s 1940
J&J /
Sturgis Goshen & St Louis Ry—1st 3s Dec 1 1989
J&D
Suffolk & Oar con 5s 1952...J&J
Sullivan Co RR 6s 1944

25

534

52

65

662*
64

63

3.25

2.50%
2.50%

3.25
82

95"

Term RR Assn (St Louis)—
1st gold 434s 1939
A&O
1st consol gold 5s 1944
F&A
Gen ref s f g 4s '53

opt *10.J&J

Terre Haute & Peor 5s 1942.M&S
Texarkana & Ft Smith—

1st M 534s 1950 guar
F&A
Texas City Term 6s 1941.J&J '26
Texas & New Orl 5s 1943
Texas & Pacific Ry—
1st gold 5s 2000

Gen & ref 5s 1980

IP
133*

it*

13

133*
98

61

6334
362*
2334

Southwestern—

J&J

4s 1968
—J&D
Mortgage 4s Dec 1 1996—J&D
St Paul East Gr Tr 434s '47—J&J

353*
233*
142*
5.00
5.00

10834

5.00

15

4.25%
4.25%
4.25%

1073*

1082*

80

63*

14

104

110

103

10434

1st g
San Fran Term 1st 4s 1950--A&O

834
100

1152*

20"

San Fran & San

J&J

Joaquin Val—
5s Oct 1 1940
A&O

84

M&S
Schuylkill & Leh 1st 4s '48.M&N

613*
106

843*

65
107

842*

Santa Fe Prescott & Phoenix—

89

1st g 5s 1942

13

133*

Scioto Val & N E 1st 4s 1989M&N

91

92

Seaboard Air Line Ry Co—
1st gold 4s 1950

106

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

F&A
5% secured notes 1931
Receiver ctfs 2-3 34s '45—F&A
Atlanta-Birmingham Div—
1st g 4s May 1 1933
M&S /

105

108

110

il*
m
62*
103*

92*

IVA
2h
33*
73*

10

60

17

192*

102

103

68 ser B ctfs of deposit-.
Seaboard & Roanoke 5s 1931.J&J

43

10124
9234

103

Seacoast RR

65

4
10

9234
6

20

115
115

50

prior lien 5s '48. A&O
Shamokin Sunbury & Lewisb'g—
2d ext'd 5s 1945.
J&J
Shrev Bdg & Ter 5s '55 gu—F&A
Sioux City & Pac 3 34s 1936. _F&A
Somerset Ry 1st & ref 4s '55—J&J
1st M 4s July 2 1950
—J&J
South Bound RR 1st 5s 1941 A&O

60

10734

fiVi
42

5.50
5.50

51

Gencon8gug5s 1963
A&O
Southern 111 & Mo Bridge Co—
1st Mg 4s 1951
...M&N
South Indiana 1st g 4s 1951--F&A

tl»
4.75%
4.75%
k Last sale.

n„Nominal.

10

1022*
1133*
1043*
1023*
80

73

1152*
833*
843*
832*
1.50
2.00
2.75
2.75

434

JX

42*
6

48

75
14

17"

32

40

16"

1U34

42

M&N

J&D

2.75

M&N

3.25

ser

Tex Pac-Mo Pac Term RR—
1st M g 534s 1964
M&S

Toledo Canada Southern & Det—
1st 4s 1956
J&J
Toledo & Ohio Central—
Ref &

Imp M 3 2*s ser A *60 J&D

St Mary's Div 1st 4s 1951F&A
Toledo Peoria & Western RR—
1st mtge 4s ser B 1967
J&J
Toledo St Louis & Western—
1st gold 4s April 1 1950... A&O

Tol Term 1st 434s '57 gu...M&N
Tol

72
44

97
80
87

65
88

543*
10434

Walhouding Valley & Ohio—

1st g gu 4s 1942 ser O
M&S
Toronto Hamilton & Buffalo—

J&D

A. F&A
Transylvania RR 1st 5s 1956.J&J
Tulsa Un Dep 1st 4Ks *59._J&J
Onion Depot (Columbus, Ohio)
Gen 434s 1946
J&J
Onion Pacific—
1st ry & land gr 4s g 1947--J&J
1st & ref 4s June 2008
M&S
1st & ref 5s June 2 2008--M&S

35-year 334s debs 1971—M&N
34-year 3 34s debs 1970
A&O
Eq tr 22*s ser E 1939-52.-J&J
Eq 434s Sept 15 1939—M&S15
Onion RR (Penn) 1st 5s '46-M&S
Deb 6s 1946
—M&S
Onion Terminal Co (Dallas)—
1st mtge 3 2*8 1967
F&A
United N J RR & Canal Co—

434s Sept 1 1979
M&S
Genera] gold 4s 1944
M&S
1st 4s Sept 1 1948———M&S
1st 434s Feb 1 1973
F&A
Gen 1st g 334s 1951
M&S
Utica Clin & Bing 5s 1939—J&J

104

962*
72
38

102

100

1112*
1062*
114

942*
952*
2.50
1.25

109
112

95
116

1082*
109

116
105
85

Vandalia RR—
Cons g 4s 1955 series

A

F&A

Series B 1957—
Vera Cruz & Pacific RR—
1st gtg g 434s 1934

M&N

M&S /
Debenture s f 7s 1948—-M&S /
Vicksburg Shreveport & Pacific—
Pr lien6s '15 ext 5% '40--M&N
Gen 5s May 1 1941
M&N
ref & impt 5s 1973
..M&N
s

f 6s 1958

106

1053*
3*
3*

J&J /
J&J /

July 1914 coupon off
1st guar 4 34s assented—
Cash war & scrip ret No. 5 on
Vermont Vail 1st 4 34s 1940--A&O
Vicksburg Bridge Co—1st s f4-6s 1968—
M&S
Vicksburg Bridge & Term Co—

34
62

6834
78
21

90

80
75

J&J
65
1st cons g 5s 1958
A&O
60
Virginian Ry—
1st lien & ref 3 2*s A 1966.M&S
1052*
Eq tr 4 34s 1939-1940 (yr) — J& J b
1.75

Va & Southwest 5s 2003

35

68

B1939-43

Ol939-44

34s

1st M

902*

12

ser

2.75

2 2*s ser D1939-52

m

8

102*

72*
6134

Seab-All Florida Ry—
6s ser A ctfs of deposit

111

J&D

1st

70
116

113""

112

D

ser

1st gold 4s June 1 1946
Consol M 4 34s 1966 ser

San Antonio & Aransas Pass—

108
108 34

28

M&N

4

87

City Short Line
1st guar 434s 1941
F&A /
73*
St Paul Minn & Manitoba—
Pacific ext 1st 4s £ 1940—J&J
98
St Paul Union Depot—
1st & ref 5s 1972
J&J
115
Salt Lake City Union Depot
and RR 1st 6s 1938--— M&N
96
Salt Lake & Ogden 5s 1934
15
/

115

89

43*s ser HH 1939-40
M&S
434s ser JJ 1939-42....A&O
434s ser A1939-43
F&A

96

1st guar g 4s 1943

9534

J&J

J&D
2d 5s Dec 1 2000
Ann Mar
Gen & ref 5s 1977 ser B
A&O
Gen & ref 5s 1979 ser O
A&O

17

St Paul & Duluth—

100

1434
65

4

132*

95

Eqtr 534s 1939 (s-a)
M&S
Equipment trust 5s
Equip tr 434s 1939-1945-J&J

2m

1034
40

4s

1st g 4s 1989
M&N /
2d g Inc 4s Nov 1989
J&J
1st term & unlf 5s 1952—J&J

2^25%

18

40

g

5s series GG 1939.

92

A 1990

132*
1033*

5s'53_A&0

64

Eq 434s 1939-'41 BB (yr)_F&A
Equipment trust 4s 1939-1943—

ser

101

Equipment trusts—

132*

Gen & ref 5s

65

70

1st 5s '36 opt-J&J
Tampa Union Sta 5a 1940.-M&N
Tampa Un Term 4-6 34s '53— J&J
Tavares & Gulf 5s A 1935—-M&S

642*

Cons In 4 34s 1978 ser A—M&S
Certificates of deposit stpd„

St Louis

A&O

Berwick RR 5s 1952.. —.A&O

8834

A&O

Certificates of deposit-..
Prior lien 5s 1950 series B.J&J
Certificates of deposit

/This price includes accrued interest,




J&J
Spokane Falls & Nor 6s 1939.J&J
Spok Internat 1st g 5s 1955.J&J
Stark Elec RR 1st 7s 1952...J&D
Staten Isld Ry 434s 1943
J&D

_

South & North Alabama—

1st g guar s f 5s 1942
J&J
Pitts Va & Char gu 4s 1943-M&N

65

10634

J&J

1534

Pittsb Term RR & Coal—

b Basis.

20

ff

10334

Gen M 5s 1970

40

Island—

f

103
103

F&A
M&N

Pitts & West Va Ry—
1st M 434s 1958 ser A
1st M 434s 1959 ser B
1st M 434s 1960 ser C

81

Cham 5s 1944.M&S

J&J

612*

J&D

M&N
F&A

53*

St Paul & Kansas

F&A

434s series I 1963
434S series J 1964

13

42*
42*

St L Peo & N W 5s 1948

105

4s series H 1960

193*

8

St Louis-San Francisco Ry—
Prior lien 4s 1950 series A. J&J

10634

4s series G 1957

55

5

108

10334

M&N

-

2

4

11034

8624
8734
823*
4.40%
1-00%

2.00

J& J

Tampa & Gulf Coast

4

1st consol g

M&N

1953

1124

622*

11034
1163*
9734
10424

823*
593*
722*

J&J
St Louis Div 1st g 4s 1951-J&J
Spartanburg Union & Columbia—

St Lawr & Adirond 5s 1996--J&J

1.50

10434

334s series E 1949
4s

Aiken Branch 4s 1998
1st Mem Div g 5s 1996

"2" Tampa North

65

J&J
J&J
J&J
J&
J&J

-

J&J

4s series D 1945

/

con 434s 1941
434s stamped 1941
Mad & St Louis Belt—
Alton Bridge 1st g 4s '51--J&J

2d gold 6s 1996

J&J

Develop & gen M g 4s '56-A&O
Develop & gen 6s 1956
A&O
Develop & gen 634s 1956—A&O
Eq tr 5s 1939 (s-a)
M&S
Eq tr 434s Oct. 1939 (s-a).A&0

1062*

St Clair

St Joseph & Grand
1st gold 4s 1947

Stamped (Fed tax) 1955.J&J

a

St Louis City see Pac of Mo

1940-A&O
_A&0

434s series B 1942
434s series C 1942

M 434s 1957

Rutl Can 1st g gu 4s 1949
48 stamped 1949

Pitts Cin Chic & St Louis—
Con g gu 434s ser A

1

J&J

1st guar 434s 1934
....M&S
Rock Island-Frisco Term Ry—

Pitts Bessemer & Lake Erie—
Cons gold 5s 1947

1

St Louis Iron Mt & Sou—'
Riv & Gulf Divs 4s 1933-M&N /
Certificates of deposit

Piedmont & Northern—
1st

10534

-

St Johns & L

16634

Phlla & Reading RR—See "Readi ngCo."

Philippine Ry 1st 4s 1937

1043*

55

Susquehanna Bloomsburg &

Rio

102

94

108

Gen M 4 34s 1977 ser O— J&J
Gen 4V4s series D 1981 .J&D
Phila & Chester Val 4s 1948. A&O
Phila Newton & N Y 3s 1942 A&O

10234
10324

Richmond Term 1st 5s 1952.J&J
Richmond-Washington Co
Coll tr g gu 4s 1943 opt...J&D

Rutland

983*
9834
9934
100J4

..M&N
A&O
F&A

4334

4134
193*

92

Gen 58 1974 series B

Mecklenburg—

Rio Gr West 1st 4s 1939—

Phlla & Bait Cent 4s 1951—M&N
Phila Bait & Washington—

1st gold 4s 1943
Gen 4s April 1 1960

95

103

1st coll tr 4s 1949 opt
A&O
Rock Island Ark & Louisiana—

10924
11534

cons 4s 1940--A&O
2d consinc 4s 1990
Apr 1
Peoria & Pekln Union Ry—
1st g 534s 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 434s 1980 ser O
M&S
Equipment trust 434s
Equip trust 23*s 1939-46. .J&J
Perkiomen RR ext 334s 1951.J&J

99
90

1.50

703*

1st 4s 1995

60

.M&N
F&A

•Peor & East

103 M

60

93

1013*

1072*
1092*

A&O
30-yr secured 4s 1939-1964-J&J
Gen equip 5s 1939 (yr)—A&O
Eq tr 434s 1939 (yr)
A&O
Eq tr 4s series E 1939-1949-J&J
Eq tr 22*s ser H *39-'52__M&N

103

g

2.50

2.25

Southern Railway—
1st consol g 5s 1994

5534
7134
692*
2.00%
1.25%
1013*

M&N

6%

1.50
2.25

5aJ939-1941 D (yr) .A&O

a

Southern Pacific (Golden Gate
Ferries) 1st 53*s 1949
A&O
Southern Pacific RR Co.—

1134
100

1003*
1022*

bdG May 1 1941
M&N
Rich Fredericksbg & Potomac—
Cons mtge 4 34s 1940
A&O

1st 5s 1941
Rensselaer & Saratoga—

543*
543*
6134

1st ref g 4s 1955
opt 1910.-J&J

39

712*

_

Conv deb 33*s 1952

2.00

Gr June 1st gu 5s 1939—J&D
Rio Gr So 1st g 4s 1940
J&J
1st g 4s guar 1940
J&J

65
63

Pennsylvania RR—
Con M 4s gold 1943
M&N
Con M 4s gold 1948
M&N
Con M 4s gold 1948 sterling

Gen M 4>*s ser E 1984—J&J
Deb 434s 1970
A&O
Gen M 3 2*s ser O 1970—A&O

2.75

Eq 434s 1939-'45 (s-a)—.M&N
Equipment trust 5s
Philadelphia & Reading RR—
Imp M ext g 4s 1947---A&O
Extended 43*s Oct 1 1943—Term 5s g gu May 1 '41 Q&F
Delaware River Terminal—

Richmond &

94

g 434s 1965
J&D
Gen g 5s Dec 1 1968
J&D
Gen M 42*s 1981 ser D—.A&O

5434
7034
6834

1st g 4s Nov 1 1948
M&N
Richmond & Petersburg—
Cons 434s 1940
A&O

92

Gen

934

opt'06--A&O

6

11434
1163*

42*
80

53

95

6

109

67

,

/

Reading Belt 1st 4s 1950—-M&S
Reading Company—

88

Cons mtge 4s 1939
A&O
Penn Ohio & Detroit RR—1st & ref 434s 1977 ser A—A&O
1st & ref 4 3*s series B 1981

dollar

75

53

29

43*
424
105

10434
334
403*

Gaston 1st 5s g 1947--J&J
Raleigh & S'port Ry 5s *65--J&D

29

73
71
69

stamped

J&J

85

Ral &

84

27

99

Con M 434s gold 1960

1931

98

552*
582*
54

__

Gen & ref 434s 1997 ser A__ J&J
Gen & ref 434s 1997 ser B.J&J

Gu tr ctfs g 3 34s 1944
J&D
Pa & N Y Canal con 5s 1939 A&O
Cons mtge 434s 1939
A&O

„

5s

8534

82

A&O
Raleigh & Augusta Air Line—
1st

97

8434
97

1

Prov & Wore 1st 4s 1947

68

593*
593*
1.25%
2.25%
2.25%

Coll tr 4s (CP)
Aug 1 '49._ J&D
1st 434s (Ore
Lines) 1977-M&S
40-year 43*s 1968
M&S
50-year 434s 1981
M&N
434s 1969 with warr
M&N
10-yr secured 32*s 1946-. .J&J
Equip 5s 1939 (yr)
M&N
Eq tr 434s 193
"9-1940 fyr)_J&D
s 1939-1941
Eqtr 434s 193
(yr)_J&D
Pacific Fruit Express—
Eq 5s 1939 O (yr)
M&S

_

95

Prov Sec deb 4s 1957 gu
M&N /
Prov Ter 1st g 4s gu 1956--.M&S /

Jer Cent 4s 1951

'42serAM&S15

Pennsylvania Company—
28-year secured 4s 1963—-F&A

103

Guar 5s 1961
J&J
Portland & Rumford Falls—
5s 1951
M&N
Potomac Val 1st gu 5s g 1941 J&J

10

Paterson Extension 5s 1950.J&D
Paulista Ry 1st 7s

106
99

-

57

Biu

Bonds

1013*

1st M 5s 1962 serioaB
1st gen 5s 1974 series O

45

Ask

Southern Pacific Co—

J&D
—F&A
J&D
1st 434s series D 1977
J&D
Port Reading lstgu 5s 1941—J&J
Portl (Me) Term gu 4s 1961.J&J

107

422*
42

Bid

Bonds
Pitts Young & Ashtabula—
1st gen 4s series A 1948

f

1948.F&A /

1st income 5s June 1

Ask

115
106

as

BONDS

where market' ,ttm and Income and defaulted bonds
possible for the closing day of the month preceding the date of Issue
except

.

RAILROAD

JAN., 1939]

Bid

Bonds and Stocks

47 X

M&N f

1st gold 5s 1939

27

2d gold 6s 1939.
F&A f
Deb mtge 6s series B 1939. J&J f
1st lien term gold 4s 1954.J&J f

Certificates of deposit—
Warren 1st ref g 3 Ms 2000—F&A
Washington Central Ry
1st 4s Mar 1 1948
Q-Mar

48 X
27 X

21

25

31M
90
89

88

49 M
20

22M

3k

N Y Chic & St Louis com

N Y & Harlem

"X

6% preferred series A
com (gu)
10% non-cum pref (gu)

100

3K
IX

12

Chic Milw St P & Pacific-

12M

35"

50

70
35
102
106 **

39

55 M

50
81

2~50

Western Ry of Ala 4 M8 *58--A&O

23 M
23

103 M
108

HOM

4

20

1st 5s extended 1948
J&J
Wichita Union Terminal Ry—
1st ggu 4 Ms 1941 opt
M&N
Wilkes-13arre & Eastern—

30

7M

70

F&A
Wilmington & Nor 4 Ms '77
J&D
Gen 6s Aug 1 1982
F&A
Wilmington Ry Bdge 5s '43.A&0
1st gold 4s 1947

76

92
98

109 M

J&J

112

Winston-Salem Term 5s '66.A&0
Wisconsin Central Ry—
1st gen g 48 1949
J&J /
Certificates of deposit-.
1st & ref 4s 1959
A&O

11

w*

\ i

3M
6X

6*
Sup & Dul Div 4s 1936—M&N f
Certificates of deposit
Marshfield & S'eastern div 4s JP <
30

f4'

35

15
at

bflrtt

&

msM

&61M
75

*
*

67

Albany & Susquehanna (gu)—100 * 119
Albany & Vermont (guar)
100 * 35
Alleghany Corp common
*
5M% pref (with $30 warr)-100 &14M
5M% pref (with $40 warr)_100 A12M
5M% pref (without warr)—100 t* 12H
2 M % prior conv pref
* m 18M
Allegheny & West (6% guar) .100 * 49
Atchison & Eastern Bridge—100 * ^9
Atchison Topeka & Santa Fe_100
¥? 41 *
68
5% non-cum pref—
100
65
Atlanta Birm & Coast pf (gu)-100
120
Atlan & Char Air L (guar)
100
Atlanta & West Point
100
117
,

Atlantic Coast L Co of Conn.-50

100

Augusta & Savannah (guar)-.100
Avon Gen & Mt Morris

(gu)-100
7% gu
50
Baltimore & Ohio common—100
4% non-cum pref
100
Bangor & Aroostook com
_50
5% conv preferred
100
Beech Creek (guar N Y C)—50
Belgian Nat Rys Co—
American shares partic pref—
Boston & Alb (guar N Y G)—100
Bait & Cumberland

63 M
80

30

29X
32
5

57

124""
40

1M

Common

24k

40M
1M

42 M

ll54

IX

4154
69 M
70

125
23
31

Wa
37
10
62
8

7M
9k

9M

w*
90

85

27

30

42

M

.

IX

~

~

«•

35

—

—

—

45

30

37

42"

60

65

IX
4k
2M

IX
4X
47

43

67

85""
55

55"

50

1

10

2

4

IX

4

13 X

14M
48
•.

,

M

—

—

•

22 M
2

20 M

A

35

35M

|

44

*

,

Lexington Union Station—
Preferred (guar)
'—.100
Little Miami original guar
50
Spec gu*r betterment stk..
Lit. Schuyl Nav RR & Ooal(gu)

4
42

100
60

ii""
22 k
44

5M
10

*65
100

Preferred (guar)
Louis & Mo Riv pref (guar)
Louisville & Nashville

1X
IX
IX
IX
lVs

2M

Lykens Valley RR & Coal (gu)_20

100
100

6M

6X

2M

2V8

Mahoning Coal RR
Pref (guar N Y Central)
Maine Central

2

2M

2M

2k

3M

2M
1X

18*

--"

9

70
65

100

represent

Massawippi Valley (guar)
Michigan Central (guar)
Midland Valley common

390

420

50

46

50

Minneapolis St P & S S M
7 % non-cum preferred
4% leased line ctfs
Mo-Kan-Texas RR

100
100

625

com

com

$100

face

amount,

6

50

100

70~~

60

800

2*
31

27 M
X

X
M
1M
2M
9M

100
100

100

7% preferred series A

per

5M
16

Preferred
50
Mill Creek & Minehill Nav (gu)25
Mine Hill & Schuyl Hav(gu)._50

dollars

57 M
15

75
58 X
16 X

50

100

Mississippi Central
22

100

—100

100

5% preferred

*4% 111 Cent stk ctf 1952—1000
Reading Co
50
4% non-cum 1st pref
50
4% non-cum 2d pref
50
Rensselaer & Saratoga (guar). 100
Rich Fred & Potom-—com
100
Dividend obligations..
100
6% guaranteed.
100
7% guaranteed
100
Roch & Genesee Val RR (gu)-100
Rome & Clinton (guar)
100
Rutland 7% preferred
100
Rutland & Whitehall (guar)
100
St Joseph South Bend & Sou—
Common
(guar)
100
Preferred (guar)
St Louis Bridge 1st pref (gu)
2d preferred (guar).
St Louis-San Francisco Ry.
non-cum

preferred

St Louis Southwestern

*

100
100

2*

100

44

b Basis.

80
91

166
60

15**

41

15

53 M
11
18

25
66

60
62

150
185
15

37

13

100

36

100

125

100

62

100
100
.100
100

5% non-cum preferred
Saratoga & Schenectady (gu)_100
Schuylkill Valley Nav & RR(gu)50

X
lH
2X
3 k
87

31

M

*

4-2% non-cum preferred
100
Shamokin Vail & Pottsv (gu)_.50
Sharon (guar Erie)
50

2X

60
15

100

21

100

22 X
32 k

5% non-cum preferred
100
Mob & Ohio stk tr ctfs (gu) _100
Southwestern of Ga (guar)
100
Stony Brook (guar)
100
Sussex (guar DL&W)
50
Syracuse Bing & N Y (gu)__.100
Tennessee Central.........
*
Preferred
100
Texas & Pacific Ry
100
Troy & Bennington (guar)
100
Troy & Gr'bush (gu N Y C)__ 50
Tunnel RR of St Louis (guar)-100
100

38M
39
60
8
145

rlH
35
125

97X

100

83

232
50

4%

33"

Louisville Henderson & St Louis—

2M

41

United N J RR & Canal (gu)-100

43

30

84-

100
100
100
100
100

100

Union Pacific—Common

97

50

50

75

2X

Ogdensburg (guar) 100

Prov & Worcester (guar)...

Southern Pacific Co
Southern Ry common

45

*

Preferred

—

20M

com

50
50

34 X

138

Seaboard Air Line common

....

14

260

148

6%

5X

5
22
A

-* J 3M
100 & 39
100 i 80
55
Kal Allegan & Gr Rap (gu)--100
K O St L & Ohic—Pref (gu)—100 150
* 10
Kansas City Southern
x
-.100
4% non-cum preferred
100 ■M22X
41
Lackawanna RR of N J (gu)—100
Lake Superior & Ishpeming
100 L150
Lehigh Valley

30

55

100

Internat Rys (Cent Am)
5% preferred
Joliet & Chicago (guar).

3"

1

6

100

38
119

Railroad Securities Co—

60

.

..._•

3 X
15M

Pgh Bess & Lake Erie (guar)___50
Preferred (guar)
50
Pitts Cin Chic & St Louis
(gu) _100
Pitts Ft W & Chic com (gu)
100
7% pref (guar Pa RR)
100
Pittsburgh & Lake Erie
60
Pittsburgh & West Virginia.—100

Portland &

37"

32""

29 k
40

Non-cum 6% pref series A-.100
Leased lines (guar)
100
Stk tr ctfs—See RR Securs Co

94

Marquette Ry com
100
5% preferred
100
5% prior preferred
100
Peterborough (guar)
100
Phila Germ & Norris (guar).. 50
Phila & Trenton (gu Pa RR)_100
Piedmont & Northern

2

Pitts Youngstown & Ashtabula—
Preferred (guar)
100
Pittsfield & No Adams (guar). 100

7X

*

82

1 Quotations




24 %

*

4% non-cum pref (guar)—100

value.

140

100
Greene (guar D L & W)
100
Gulf Mobile & Northern com.lOO
6% preferred
100

5% conv preferred
Mobile & Birmingham—

par

80

60

Missouri Pacific

•No

35

150

72 H

pref
pref
pref
pref
pref

Ex-dividend.

6M

100

52

29M

100

5% class A
100
8% class B
100
7% class O
100
10% class D
100
4M% class E
100
6% non-cum pref stamped.-100
Boston & Providence (guar)—100
Boston RR Holding pref—.100

x

3M
6M

30

28

Pere

35

M

39
20

24

71

Georgia RR & Bank Co (gu)-lOO
Georgia Sou & Fla common
100
1st preferred
100
2d preferred
100
Goshen & Deckertown (guar)-. 10

,

50

Pennroad Corp v t c
1
Peoria & Bureau Val (guar)__100
Peoria & Eastern
100

7M

H

76

4% non-cum 1st preferred--100
4% non-cum 2d preferred--100
Erie & Kalamazoo (guar)
50
Erie & Pitts (guar Pa RR)— 50
European & North Am (guar) 100

100

Unstamped—
1st pref 5% class A
1st pref 8% class B
1st pref 7% class C
1st pref 10% class D
1st pref 4M% class E
6% non-cum preferred
7% prior preferred
Stamped—

9X

30

50
50

68

30

100

Pemigewasset Valley (guar)
Pennsylvania RR

35"

100

55

30

7

67

100
50
50

40

73

tr*

Paterson & Hudson River (gu)_50
Paterson & Ramapo (guar)
50

30

100

See utility stocks
Illinois Central

108

50

77
44

gM
%x

100

Hartford & Conn Western
Hudson & Manhattan

(guar)

68

70M
42

Detroit Manufacturers (guar) 100
Dover & Rockaway (guar)
100
Duluth South Shore & Atl—

Great Northern Ry—
Iron Ore Prop trust ctfs
Preferred (capital stock..
Green Bay & Western

145

pref

100

33

137

-100

Fort St Union Depot (guar)..100
Ft Wayne & Jack pref (guar)_100

189

non-cum

Ontario & Quebec (guar)
100
Oswego & Syrac (gu D L & W) 50
Passaic & Delaware (guar)
50
Passaic & Del Exten (guar)._ 100

30
130
64

25
pref-100

Genesee & Wyoming
9h

5

Yonkers Ry see *'P U" bonds—
Yosemite Vails f g 5s 1936-.J&J

1st
1st
1st
1st
1st

5M

100

100
100

No Carolina (guar Sou RR).. 100
North Pennsylvania

108

70
105

50

Erie—common

Winston-Salem Southbound—

100

Norwich & Worcester pf (gu)_100
Ogden Mine RR (gu Cn N J).100
Old Colony (gu N1NH&H)
100

com (guar)
50
(guar)
50
Delaware & Bound Br (guar)-100
Delaware & Hudson Co
100

6% non-cum preferred
East Mahanoy (guar)
East Pennsylvania (guar)*.
Elmira & W'msport (guar)
Preferred (guar)

90

N Y Ontario & Western
Norfolk Southern
Norfolk & Western Ry

112

Mich

preferred

%
3X
X
X

100

265

3

non-cum

preferred

109M

Consol Rys of Cuba 6% pref-100
Cuba RR 6% non-cum pref—100

5%

55 X

100

90

100

Southwestern (guar)
Detroit & Mackinac Ry

conv

110

100

Northern Cent (guar Pa RR)- 50
Northern Pacific Ry
100
Northern RR of N H (guar)_.100
Northern RR of N J (guar)
100

4% 1st non-cum preferred--100
4% 2d non-cum preferred.-100

14

12

Wilmington & Newborn—

Boston & Maine common

1'X

Detroit Hillsdale and

7

50

West (&uar)

36
110

245

100

Delaware Lack & Western—

7%

1

3M
21X
22 M

50

85

—100
Texas Pacific—100

(guar)

Delaware (guar Penn)
Denv & Rio Gr West 6%

105

1st guar g 5s 1942
J&D /
Willamette Val Southern Ry—
6s 1939
F&A /

com

100

Preferred

2

Tr

Adjust 4%
1

Ik

6% non-cum preferred (gu)__50
100
Clearfield & Mahoning (gu)—50
Cleve Cine Chicago & St Louis
Common
(guar)
100
5% non-cum pref (gu)
100
Cleve & Pitts (gu Pa RR) 7%_50
Special guar 4%—
-50
Colorado & Southern
100

Dayton &

Wichita Falls & Southern—

Atlantic Coast L RR

3k

\x

Columbus & Xenia (guar)
50
Concord & Portsmouth (gu)__100
Conn & Passumpsic pref (gu)-100

102 M

J&J /

Alabama & Vicksburg (gu)—100

X

»x

100

Preferred

4.75%
4.75%

83

50
50

1H

3X

Cin Union Term 5% pref

99

com

X
X

Inter-Terminal—

Cin New Orl &
56

New Orleans Great Northern.100
New Orl Texas & Mexico
100 n
New York Central RR
*

N Y New Haven & Hartf

—*

7% preferred
6% preferred

47"

44

Cincinnati Sandusky & Cleve

1945—

Preferred

-50

lOO

5% non-cum preferred
100
Chicago & North Western
100
7% non-cum preferred
100
Chic R I & Pacific common—100

Cinn

60

.—100

(guar)

Common

102 X
109

108

1st consol gold 4s 1949
M&S
Wheeling Term 4s 1940
F&A
White & Black River Valley—

25
90

100

3X

13"

6% preferred
100
Chicago Great Western com—100
4% preferred
100
Chicago Ind'polis & Louisville 100
4% non-cum preferred
100

3X
X

12k"

f

RAILROAD STOCKS

20

X

J

Wheeling & Lake Erie RR—
Ref mtge. 4s ser D 1966
M&S

67
42
39

11M
12 X

ff

30

Nashv Chatt & St Louis
100
Newark & Bloomfield (guar)
50
New London Northern
(gu)_.100

Chic & East Illinois common.100

Equipment trust 4 Ms
West N Y & Penna 4sl943_A&0
104M
Western Pacific RR Corp—
22
1st M 58 1946 series A—
M&S
Assented 5s 1946
/ 22 M
E quipment truBt 5s
b
5.50
5.50
Eqtr 5Ms 1938 (yr)
J&D b

A1 Great Southern

23

38M
89 M

13

f.

b

J&J

k

23 X
87
55

36

38

-.25
25

12X
13 X

1st & ref 5 Ms 1977 ser A—J&J

1st gold 4 Ms 1943

20
38

Original (guar L & N)
Unstamped (guar L & N)

Chicago Burl & Qulncy—

Preferred

1951
M&N
Worcester & Conn Eastern Ry—

9M

11

A&O

1st gold guar 4s 1960—

9

13 X

Preferred series A

Ask

Nashville & Decatur—

13

West Fruit Exp—See Gr Nor
Western Maryland 4s 1952-A&0

1980

37
24

27 X

Chestnut Hill

|

2

10

Morris & Essex (guar)
50
Morris & Essex Exten (guar)_100
Mt Carbon & Pt Carbon (gu)__50
Nashua & Lowell (guar)
100

17

1st 4Mb 1947
F&A
West Shore 1st 4s 2361
J&J
West Virginia & Pittsburgh—

1st 5s

37
19

100
Chattahoochee & Gulf (guar)-100
Chesapeake Corp
-*
Chesapeake & Ohio common—25

Bid

Par

Montgomery & Erie (guar)

6X

34

2d preferred

Washington & Vandemere—

4Xb

83 M

Central of New Jersey

38

Wash & Frankl Ry 1st 5s '39-J&J
Wash Term Co—3 Ms 1945—F&A
1st gold 4s 1945 guar
F&A

Pocahontas

46

6X
80*

(quar)-------.50
Cayuga & Susq (gu D L & W)_30

83

Stocks

Mobile & Ohio—See Southern Ry

Catawissa RR—1st pref (guar) .50

85

Ask

42 M

25

Canadian Pacific

84

Washington Co Ry 1st g guar
3 Ms Jan 1954 opt 1924
J&J

1st g s f 4s 1990

"f" and income and defaulted bonds
the month preceding the date o^lssue

Bid

Stocks

Caro Clinchfield & O (guar)-.100

Equipment trust 5Ms
Equipment trust 5e—
Eqtr 4Ms 1939-43 (yr)
A&O
Det & Chic ext 1st g 5s *41-J&J f
Des M Div 1st g 4s 1939--J&J f
Toledo & Ohic 4s g 1941—M&S f
Omaha Div. 1st 3 Ms g '41-A&0 f
Wabash Railway Go—
Ref & gen 5 Ms 1975 A—.M&S f
f
Certificates of deposit
Ref & gen 5s 1976 ser B—F&A f
Certificates of deposit
Ref & gen 4 Ms 1978 ser O.A&O
Certificates of deposit
Ref & g«n 5s 1980 ser D..A&O

Par

Camden & Burl Co (guar)
25
Canada Southern (guar)—*—100

Ask

Wabash Railroad Go

71

BONDS

bond prices are "and Interest" eicept where marked
Quotations for all securities are as near as possible for the closing day of

NOTICE—All

29 M

8
2M

2M

non-cum

preferred

Utica Chen & Susq Val (gu)-100
Utica Clinton & Bingham (gu)100

Preferred (guar)
100
Valley RR (N Y) (guar)
100
Vermont & Mass (guar)
100
Vicksb Shrevep & Pac (guar). 100
5% non-cum pref (guar)
100
Virginian Ry common
.....100
6% cum preferred...
100
Wabash Ry
/.
100
5% non-cum preferred A
100
5% non-cum conv pref B_.100
Ware River (guar)
100
Warren N J (guar D L & W). 60
West Jersey & Seashore (gu). 50
Western Maryland Ry com
100
1st preferred
...100
4% non-cum 2d pref
100
Western Pacific RR Corp
100
6% non-cum preferred
—100
Wheeling & Lake Erie Ry..—100
4% prior lien
100
5M % cum preferred
—.100
Wilton (guar Boston & Me).. 100

13
35
60
68

155
117 X

1M
3

ik
55
24

51

3M
42

6

X
1M

55"

liH

46

/This includes accrued interest,

k Last

sale.

»

Nominal.

NOTICE—All

bond

prices

are

"and interest" except where marked "f'

1956

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

Stocks and Bonds

Par

Bid

Ask

Per

Administered Fund 2d inc...—-*
Affiliated Fund com
1.25

13.60

14.47

4.26

4.71

deb 5s 1944-47—J&J

80%
99%

Sec

conv

J&J

Conv deb 5s 1948—
Air Investors Inc

*
Convertible preferred...—-—*
Warrants
Aldred Invest Trust (Mass)-—
Deb 4%s with com shs 1967—Aldred Investment Corp (Can)—
Deb 4%s with com shs 1968—
Alliance Investment com
*
Allied Int Investing Corp com—*

S3

co nvertiblepreferred——*

Amer British & Cont Com——*

---*
F&A

$6 preferred
Deb g 5s 1953
Amer Business Credit A

10c

Capital Corp A

10c

Class B

*
-*

S3 preferred...——
$5.50 prior pref
Amer Cities Pr & Lt cl A
Class A opt

div

2%
23

25

—25

ser w w

1

Class B

Amer Elec Sec partic pref
..1
American European Secur..
*
Coll tr s f 5s 1958ser A—-J&J
5s series B 1958
—M&N
American General Corp
10c

1

§2 preferred

$2% preferred
1
S3 preferred
——1
Amer General Equities Ins—25c
♦Amerex Holding Corp—
*
Amer Insuranstocks Corp...—.*
Amer Investment (111)....
*
7% preferred
—-—25
8% preferred
25
Associates Investment Co

*

% Dec

.*27

10% Nov. 10
%
98%
5%

101
6

4.11
4

2%

—..-1

♦Class A

Bankers Securities Corp com..50

6% preferred
50
Basic Industry Shares—.——10
Blue Ridge Corp common...

S3 conv'preferredBoston Fund Inc
Boston Personal Prop Trust
British Type Investors.

1
100
..*
1

Broad St. Invest Co Inc——-.6
Bullock Fund Ltd
1

23*

25

68

75

27%

29%
28%

26

1%

2

2

4%
9

101%
101%
4%
24 %

4%

25%

36

8%
43 %

43%

%
3%

4^

6

6%

5

16 %
3.81

7
19

Nat

Christiana Securities
Preferred

17c

32c

26.48

28.32

15%

17%

94

96

4.10
75

4.45

77

8%

%

jy

%
6%

2%
%
9%
4%
3%
4%
23.57

4%
4%
4%
25.12
11.52

5

131

134

100

52

62

100

105

Cleve Securities 4-6s to 1943.J&J
Commercial Credit common
10

40

Commercial Invest Trust

*

S4.25

conv

preferred

Debenture 3 %s 1951
Commonwealth Investment

Commonwealth Secure

*
J&J

107

108%
104%

109%
106%
4.07

18

21

Invest 5s June 15 1944 f
Great Brit & Canada Invest¬

ment Corp 4%s 1959
Group Securities, Inc.—
Agricultural Shares new

5.78
9.58
8.82

7.17

8%
%

5.39

new

*
com

23%

16.76

39c

33

Independence Fund of N A

18". 12

6.00

6.70

1.41

1.52

4

1.14

x

1.32

1.45

F&A /
Deb g 6s 1940 B with war..J&J /
Insuranshares Co of Delaware-.1

4%
6%

4%
7%

Insurance Group Shares.
Insull Utility Invest—
Deb g 5s Jan 1949

(Md) ctfs Inc

1
*

International Holdings & Inv
New common
Interstate

%
4%
1%
5%
%

%

4%
1%
6%

Equity common
1
$3 convertible pref A
*
Investment Bond & Share—
5s series A 1947
J&D

55%

57%

Investment Co of Amer

18

20

Preferred

%

11.86
%

25

20

12.66

%
22

Keystone Custodian Fund25.85
14.79

-

—

Series K-2

24.07
16.25

14.51

-

28.38

21.95

...

15.90
13.04

96

25

sponsor or issuer.

1

92

~1948.A&O

n

%

I

10.77

11.27

33c

37c

59

61

,,

Preferred

*

26

i

Representative Trust Shares
10
Republic Investors Fund
Reynolds Invest 5s 1948
A&O
Common stock
1
$6 preferred
*
Royalties Management A
1
♦Schoellkopf Hutton and
Pomeroy Inc common
10c
Commercial

%
8

1
13
35
40

50

100
1
1

6s series 4 Nov 1942
Securities Corp General com
*
$6 preferred
♦
Selected Amer Shares Inc
2%
Selected Income Shares
1
Selected Industries com
*

$5.50 prior stock
Convertible stock
Allotment certificates
Shawmut Association
Shawmut Bank Inv Trust—

42

3.55
53%

10

5% preferred
Second Carey Trust
Second Nat Inv Corp Com.
$5 conv preferred
Securities Co of New Jersey—

53%

38

90

100

1%
10.20

..5
...

*

10

4%s Mar 1 1942
M&S
5s March 1 1952—..
M&S
Solvay Amer Corp 5% % pref. 100
Sovereign Invest. Inc., com..10c
Spanish & Gen Corp Ltd—

80
80

112%
76c

Amer dep rets ord bearer
£1
Spencer Trask Fund Inc
*
Standard Amer Trust Shares
1
Standard Investing Corp com—*

%
16.87
3.55

87

58c

63c

75%
80c
40

Super Corp of Amer class A...2

Supervised Shares

27%

12.03

15%

16
100

24
6.59

1

1%
7%
1.58

14.08

15.14

6%

29

cum preferred

5c

%

...

1953
J&J
108
Trusteed Amer Bank Shares B 25c
55c
Trusteed Industry Shares
1.03
25r
Trustee N Y Bank Shares
1.10
60c
Trustee Stand Invest ser C
2.60
1 x
Class D
1 x
2.54
Trustee Standard Oil shares A—1
5.80<
Series B
1
5.65
Union Investment common..... *
3%

109

Conv deb 5s 1946
M&S
United N Y Bank Shares C3— *
U S Elec Light & Pow tr ctf A..*

101

98

1.15

1.20

4%

95c

Voting shares
Foreign Securities com.

U S &

$6 1st preferred
U. S. & International Sec..

61c

1%
14%
2.10
10%

11

84

...

H

4

90

*

Warrants
5s conv deb

11.49

29%

3%

Trust ctfs series B

100
100

88
IY

11/

65"

66%

•

1st

6.00
11.38

12.29

7.57

8.19

pref with warrants..
*
Utility Equities Corp
...—5
$5.50 priority stock
*
Utility & Industrial Corp—...6
Convertible preferred
7
Wellington Fund
1

9.20
8.55

9.95

Western Reserve

9.36

Ex-coupons.

7.15

7.15

10.57

National Investors
Tri-Continental Corp

6%

e

1.00

3.73

Third

25
27%

3.65
1.43

Railroad equipment
Steel stocks

76%

47%

3

6.19

.......

3.60

85%

Class D

92

....

i,i
12

%

Nat Trust Shares liemodified.. .1

Machinery

84c

12*

$5.50 preferred w w
*
Deb 5%s 1939
F&A 15
Standard Utilities Inc
50c
♦State St Investment Corp
*
Suburban Elec. Securities
*
$4 cum 2d preferred
.*

6.16

22%

Building supplies

113

£1

%

-A*

Automobile
Aviation
Bank stocks

9%
65%
10%

2.58

100

preferred
2d preferred
New York Stocks, Inc.—
Agricultural

"l%
65

3.90

6.76
23.61
13.15

1st

1%

11". 13

4.44

1%
63%
9%
64

25

1

6.12

Voting shares

3.65

50

2
3

22.25

*

12%

%

Class A A

10c

pref stamped

55c

100

*

Class O

Massachusetts Investors Trust. 1
Mutual Investment Trust
10
Invest com—*

S8
25*
98

Class B

102%
5%

Maryland Fund Inc

31

7

*

16.75

101%
5%

* No par value,

*

5.51

Oils

«.---

10c

16.36

10

Corporation

Metals

19.26

%
5%
24
52c

10

14.75

11.75
15.13

.......

Series S-3
Larkins Warr Trust

Bond &

13%
94

8

*

Am dep rets ord reg

15%

10
Investors Fund of Amer Series Cl
Investors
Royalty
—
1

Electrical equipment
Insurance

Howard Management

Quotation not furnished by

2.65

1.04

..........

23

17.93

98

20.20

3

5

England Fund..
1
New York Investors common—*

25c

101

4%

8.59

Institutional Securities Ltd—
Bank Group shares

New

2.64

94

59c

4

Nation W ide Securities Co—25c

25%

3.95

Domestic & ForeignIn5%s47F&A /

1

43

95

15%
3%

Gee) Fund
14.95
15.99
10c
11.85
12.98
5% debt tries A 1942
M&N
99
103%
Railw y & Light Securities com. *
10%
11%
Conv coil 4 %s ser "11" '55 A&O
104
Railway & Util Invest A
lk
% Dec. 19
3 % % preferred
*
6%
Reliance Internat Corp com A 10c
%

Seaboard

4%

2.55

...

1
2.50

Dominion-Scottish Invests Ltd
1st coll 4s series A 1952—J&J
Eas Util Invest L)eb5s 1954 M&S 15

__

%

Independence Trust Shares..

conv

5.08

*

7.71

41%

Hydro Elec Sec com
*
Illuminating & Power Securities—
1st preferred.
100
Incorporated Investors...
—5

5% preferred ser A w w

110%

Economic Inv Tr Ltd 5sA*57M&N

5.67

%
3%

1

—-*
*
1948
...1

Nat Bond & Share Corp
National Investors
Nat Republic Invest Trust—

2.93

31

Series B

5.74

5.21

new—

5.86
7.78

5.27

$6 1st preferred..4
S3 2nd preferred
Debenture 5s series A
♦Huron Holding Corp

National

2.48
2.41

115

A

4.40

7.15

new

Equip Shares

Steel Shares

4.66

7.09

Petroleum Shares
Railroad

7.80

4.27

4.03
new

J*

6%
4%

Quarterly Income Shares..
6.11

8.11

new

7

12

♦Putnam

5.31

~4%

92%
29

*

pref class A
Plymouth Fund Inc
Prudential Investors
56 preferred
.•

"7%
103

93
15
3%
65

10

conv

36

4

*

$3

41

93

Pacific Investing Deb 5s 1948 J&J
Pacific Southern Invest pref
*

Phoenix Sec Corp

....

96

5%

A&O

Corp (Calif)

35c

%

*

1 1948

96 *

DecfM

5%

1 1947—.
Debenture 4%s Dec 15 1952
Old Colony Trust Assoc
*

Pub Util Investing 5s

8.81

Investing Shares new
Merchandising Shares
Mining Shares new

—1

Preferred
1
Oklahoma County Trust
10
Oklahoma Southern Trust
10
Old Colony Invest Trust Com..*

Pub Util Sec 5 7 partic
pref

Automobile Shares new__.
Aviation Shares new
Chemical Shares
Food Shares new

7%
101
104
3

M&N

Class B

62

5.61

new

1944
Oils & Industries com
ww

Class A

70

A&O

.

8

Diversified Trustee Shares




18

Series S-4

1.42

♦

15

com

$6 preferred

Series S-2

2.97

Fund A-1-.

German Credit & Investment—
Pref allot ctf 25% 1st pref—*

60

1

Eaton &

19

1%
19%

103

"I"

._*

—

1%

Series B-3
Series K-l

Deposited Insur Shs

Shares

1
*

56%

Deposited Bank Shs NYser A..1

D shares

5.71

%
65

16<

Series B-2

2.41

Delaware Fund

Dividend

5.24

Manufacturers Finance (Bait)—
S f coll 4 %s series A 1942.A&O
Marine Midland Corp.
5

10

O shares

*

28%

100

ser

35.04

.1

45

56%
107%
103%
102%
59%

100

♦Crum & Forster Insureh B
Cumulative Trust Shares

106

32.59

%«
50%

Investors Trust.

1

Deb 5s April
Pacific Finance

104%

Lehman

10

103

1

$6 preferred
Warrants

1

6%s

share

2.33
2.88
2.83
2.57

1

Overseas Securities Co

*

Deb 5s Feb 1 1952
General Capital Corp
General Investment Corp

Series B-l

2.93

♦Orum & Forster Inc com..

9

100

20

1

—

preferred

$6 preferred

!8*
27

Accumulative series........

cum

Investors

Lawyers Mtge Inv (Boston)—
1st 5 %s series B 1940
M&S /

—

♦7%

*
_*
F&A

5.88

8%

65c

♦6% preferred
100
Corp Secure 5% ctfs 1935—M&S
Corporate Trust shares old ser.. 1

preferred

5.35

100

Debenture 4 %s Feb

4.74

55c

5% preferred
100
Debenture 5s May 1 1942...
/
Continental Shares

♦8%

American

1

Preferred

20.71

♦

Class B

1

Consolidated Invest Trust com.l
Continental Secur Corp com
*

A A (modified)
AGO (modified)

Fundamental Investors Inc
2
Fundamental Trust Shares Inc—
Class A
2

106
3.74

common.

AA

19.15

1

Insuranshares

10%

2,240

100
A&O
J&D

Common ex-warrants

«

1%
36%
2,290

4%% conv preferred
3 % % debentures 1951
2H% debentures 1942

4.60

33%
32%

22

100

....

Preferred

4.30

33%
32%

1

5
94%
31%
29%

Northwest Bancorporation
*
Ohio Finance conv 5s 1951._F&A
Deb

Preferred
Guardian Investors

12

100

City Investing Co

7.11

47

A..1

National Investors—
Common with warrants

6% preferred

%

52%

5%% preferred
100
North American Trust Shares—
1953
»

1958

39%

35

com

—

18.61

11

1 %

...

—

37 %
17.40

10.65

*

...

M

1.10

35

Chemical Fund

ser

—

8.13

5.71

32

Chicago Corporation
Convertible preferred

10c

5.24

Corp class A—._*

6% cum preferred
Century Shares-Trust.

3.65

50c

92

100
100
100

2]36
3i30

Tobacco Shares new_ .;

89

Conv preferred
Conv pref series of 1929

8.36

Guardian Invest Trust (Conn)—*

*57.-A&O

♦Class B
._.*
Central States Elec Corp..
1
7 %"preferred
.—100

20%

"I %

75

♦Central

19%

lYs

44

*

10

Building Shares

6

72

preferred

North Amer Invest Corp com.100
Collateral 4s 1951
J&D

31" Gleneagles
94%

Cent-Illinois Securities Corp—1
conv

Foundation Trust Shares

Gen'l Realty & Utilities

Carey Trust
SI.50

22.77

6.54

General

7%
40%

Cent Invest Corp 5-6s

21.15

2.61

Ask

94%
5%
83%

5

100 k

Normandie Nat Sec pref
North American Bond Trust Ctfs.

10.28

35%

28

Class B common
Class A preferred

%
30

10
20

29

24%
5%

Niagara Share Corp (Md)—
Conv deb 5%s 1950
M&N

3%

%
27

10c

Insurance stock series
Fixed Trust Shares series A
Series B

Bid

Per

7.71

—

65c

2fA
i ra
it*

Par

Bonds

3%

_10c
1

—

Bank stock series

General

ana

*

27%

5s series A 1959
A&O
Canadian Invest. Fund, Ltd
1
Canadian Pow & Pap Invest Ltd—
Deb 5s series A1958
F&A /
Capital Administration cl A——1
S3 cum pref series A
10

~\

31.13

Stocks

1

58c

Canadian Internat Inv Trust—

._*

29.26

82

Fourth

%

99%

..1

6%

Foreign Bond Associates Inc.. 10c
Foreign Power Secur Corp—
1st coll tr conv 6s A 1949.. J&D

22

14

♦Bancamerica-Blair Corp
Bankers Nat Investing—

5%

First Mutual Trust Fund
Fiscal Fund, Inc.—

99%
5%

..._.

77%

5
6

preferred

51

Associated Stand. Oil Shs—.—2
Atlantic Secur 4hs A 1953.A&0
Atlas Corporation common
5

....—50

conv

2%

•

42

1%

Ask
share

2

1

com

pre! with warr

47

95

6% preferred
Option warrants.

Shareholdings Corp
conv

38

92

_ .

$6

Fidelity Fund. Inc
♦First Boston Corp

w w—

5 % preferred ex-warr

Elec

Empire Capital Corp A
equitable Invest Tr (Mass)
Rlnuity Corp common

Equity Shares

100
.—100
10-year deb 3s 1946—...J&D

6% preferred

Bid

Par

Per

$3

%

3.73

Shares....

Amer Business

Amer

1

2%
20

Stocks and Bonds

share

10.12

9.17
9.86

9.91

10.66

9.04
9.39

9.77
10.15

9.53

10.30

8.05

8.71
6.51

9.25

/Flat price,

Deb

5%s

Investing—_
F&A

1944.

Wisconsin Bankshares—

fc Last sale,

n

Nominal

x

*

Ex-div.

2
52

%
1%
13.91

101%
4%

y

5»
%

1%

15.27*

4%

Ex-stock div

r"

Utilities

Public

(Includes street and electric railways, gas, electric power, water, telegraph, telephone and bridge companies.)

NOTICE—All bond

prices are "and interest" except where marked "f" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Bonds
Adriatic Electric Co
Extl s f 7s 1952_„

Bid

(Italy)—
A&C

Ala Gas Co 1st M 4M« 1951-F&A
Alabama Power 1st os 1946-M&S
1st
1st
1st
1st

& ref 5s 1951

&ref 5s
& ref

J&J
M&N

1956

4Ms 1967
1968'

J&D

& ref 5s

M&S

Alabama Water Service Co—
1st M 5s 1957 ser A
J&J

63 M
91%

103 M
98
96

80 M
86 %

97

70
/

93
104
99

Amarillo Gas 6s
___1939
Amer Commonwealths Power—
Deb g 6s 1952 ser A
F&A
Deb g 5 Ms 1953
M&N
Oonv deb 6s
Am

Amer &

Deb
Amer

95"
75

M&S
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
J&D
Am Pow & L deb 6s 2016
M&S
Amer Rys Corp coll 4 Ms *53. A&O

Debenture

Ms 1963
A&O
Amer States Public Serv—
1st 1 5 Ms 1948 ser A
M&N
Deb 6s 1938
J&D
4

Amer Telep & Teleg—
Deb 5Ha Nov 1 1943

25-year deb 3 Ms 1961
30-year deb 3 Ms 1966
American Toll Bridge—

65

A&O
J&D

Ana&Pot R RR-See WashRy&El
Anchorage Lt & Pow 7-5s'43 F&A

4M
15

17"

52 %

52%

11

13

108%
37 M
42

109%
38 M
43 M

M&S

conv

M&S

"5"

110

110 H

120M

121

124

125M

118M
129 H

1st mtge 5s 1958
Bergen Turnpike 5s 1951
Berkshire Street Ry—

103 M

104 H
73

68%

101M
90 M

70%
102
92 M

42

45

108 M
105 M

119M
93 %

93

97 M
49

50~

51

Deb 6s Apr 1,1955
Berlin Elec Elev & Underg

70
33

1st mtge s f 6M» 1956
Biddeford & Saco Water—

99

100 M

103

51%

47 M
53 M

'56J&J

A&O

96 H
114M

88

43

46

33 "

33 %
32 M

28

31M
31 %
32 M

33
33

27

S fine deb 5 M-6 Ms A 1986 F&A
S f inc deb 5-6s B 1986---M&S

27"
24

27

S f inc deb 4 M-5 Ms C '86-M&N
S f inc deb 4-5s D 1986—-M&S

22

27

20

23

26

23
31

2M

3M

3

3 %

3M

4

99

100

98 M

100

5Ms 1973

F&A

63

65

Conv deb 5s 1973
Oonv deb 4M® 1973

J&D

59
55

61

57

M&S

54

56

F&A

31 M
29 M

33

30

27 M
27

28 %
28

m 5s 1954 ser B
—J&D
1st mtge 5s 1957 ser C
F&A
Blackstone Val Gas & Elec—
M & coll tr 4s ser C *65—M&N

Mtge&Coll tr 3 Ms ser D'68 J&D
Bleecker St&FulFy-See NY Rys
Bloomington Dec & Champagne
1st & ref 5s 1940---M&N
Bolivian Power 8s ser A '45.A&0

Deb g 5s Dec 1942
West End St 5s 1944

M

55

106 M
73 M
35

70 H
58

107 M
75

101M
83 M
69

H

110 M

112

108 M

108M

M&S

British Colum Tel 5s I9601st 4Ms series B 1961
Broad River Power Co—

-

-

J&D
J&D

96

1st & ref 5s 1954 ser A
_M&S
Bway & 7th Ave—See N Y Rys
Bklyn Borough Gas 5s 1967.F&A
Bklyn City RR 1st 5s 1941--.J&J
Brooklyn Edison Co—
Consol mtge 3 Ms 1966
M&N
Bklyn-Manhattan Transit Corp
Coll trust 4Mb 1966
M&N
Coll trust 3s 1939
—M&N
Coll trust 3s 1940
M&N
Coll trust 3s 1941
M&N
Coll tr series 3Ms 1942—M&N
Coll trust ser 3Ms 1943--M&N
Coll trust ser 3 Ms 1944-_M&N
Coll trust ser 3 Ms 1945—M&N
Coll trust ser 3Ms 1946--M&N
Coll trust ser 3 Ms 1947--M&N
Coll trust ser 3 Ms 1948—M&N
Coll trust ser 3Ms 1949--M&N
Coll trust ser 3Ms 1950—M&N
Coll trust series 3 Ms 1951-M&N
Brooklyn City & Newtown RR—

1939.

106 H
109 %

82 M

99 M

48

93 H
66

66

102.25
91

Co—

Power

95

J&J

A

x

106"
99
25

Central N Y Power Corp—
Gen mtge 3 M? 1962
A&O
Cent Ohio L & P 1st 5s 1950-A&O

107 M
85

101
83 M

100

Corp—
Conv deb 5 Ms *49
F&A
Cent Public Util.(ws)lnc5Ms-1952

62 M

64 M

33 M
34

35

States Pow &

50"
108 M

57

J&J

58

34 M

1953.J&J

36

3

Cent Telep (Del) 6s 1938--.M&N f
Cent Vermont Public Serv Corp

Charleston Transit Co—
1st 5s 1942

74 H

74

M&S
M&S /

45

M&S

1952.

73

72 H
72 H

Chattanooga Ry & Light—
1st & ref g 5s 1956 op T6-M&N
Chatt Rys 1st cons 5s '56.M&N
Chester Water Service Co—
1st 4Ms 1958 series A
Chic Aurora & Elgin RR—

93

70

73

105

M&S

65

67"
67

65

67

65

67

65

67

65

67

65

67

65

67

1st & ref 6s 1951
J&J /
2
Chicago City & Connecting Ry
Coll tr s f g 5s Jan 1,1927.A&0 /.
5
Chicago City Ry—
44
1st 5s (15% paid) 1927—-F&A
Chic Dist Elec Generating—
*
104
1st M 4Ms 1970
M&S

65

67

Chic North Shore & Milw RR—
1st mtge gold 5s 1936
1st & ref 6s 1955 ser A

35

1st

38 H
86

80 V8
35
107
104 M
94 H

J&J

& ref 5 Ms

1956
A&O
Chicago Railways Co—
1st 5s 1927 stpd as to 25% pt
red and pay Aug 1, 1938—F&A f
Certificates of deposit
/
Cons M 5s ser A Feb '27 _-A&O /
Series B Feb, 1927
J&D /
Chicago Rapid Transit Co—
1st & ref 6 Ms 1944
-J&J f
Certificates of deposit
-

—

103

Atlanta Gas L 5s g 1947
Gen mtge 4Ms 1955

107 M
103 M

J&D
M&S

'

1%

*

Called Jan. 9 at 104.




1M

43 M

45

43 M
6M
2M

48

4M

1st mtge 3 Ms 1967
J&D
Cin Newport & Gov L & T—
1st ref 6s 1947 series A
_J&J

118

Cincinnati

115

102

3

5M
5M
5M

103

100 H

7

Cincinnati Gas & Electric—

101M

C '67-J&D
2s deb A 1939-1942
J&D
3s deb B 1943-1947.
J&D
3 Ms deb O 1948-1952
J&D
Buff & Niag Falls El L & Power—
1st gold 5s 1942
F&A
Buffalo Traction—

1st

Called Jan. 1 at 102.

104 M
2

109 H

Gen & ref M 3 Ms ser

See International

x

6
45

1

101H

Buffalo Niagara Electric—

Athens (Ga) Ry & Electric—
1st & ref s f g 5s 1950
J&J
Atl Cons St RR—See Ga Ry & El

2%

1M
1M

J&J

100 H
101

35

123

50

91

4 %
A
J&J
4%
/
4M
deposit
H
Adjust deb 6s July, 1963—J&J
Certificate of deposit
%
Chicago & West Towns Rys—
1st cum inc 5s 1937
J&J
5M
106
Chippewa Power 6s 1947
J&D

Deb 5s 1950
J&D
Buff Gen Elec 1st ref 5s 1939-J&J
Gen & ref 4Ms 1981F&A

123

102%

100

M&S

gold 5s 1999

13M
102

1st mtge 3Ms ser B 1966--F&A
Charleston Cons Ry Gas & El

Gen & adj 5s

35

Corp—

Lt

1st M & 1st lien 5Ms
Debenture 5s 1944

Calgary Power 1st 5s 1960--A&O

A&O

84"
100 M

1M
1M

Butte El & P 1st s f 5s 1951--J&D
Cairo Bridge 1st inc 6 Ms '58.J&J

35
35

101 %

Central States Edison, Inc—
1st coll inc 3~5s 1950
M&S /

Burlington (Vt) G L 5s 1955--J&J
Butler Water 5s 1957 A
A&O

Certificates of deposit
2-yr 6% notes 1933
Certificates of deposit

35

31

100

65

Brooklyn Queens Co & Sub—
1st m g 5s 1941 (stpd)
35
J&J
1st con 5s July '41 (stp)__M&N f
35
82 M
Bklyn Un Elev 5s 1950
F&A
Kings Co El 1st 4s 1949---F&A
Nassau Elec 1st g 4s 1951--J&J
30M
Bklyn Un Elev—See BklynQueens
Bklyn Un Gas 1st cons5sg'45M&N
106M
1st lien & ref 6s *47 ser A—M&N
103
1st lien & ref 5s ser B 1957 M&N
89 H

35

Certificates of deposit
Conv deb 5Ms 1944 ser C.M&N

104 M
107

100 M

106%

Conv sec 4 Ms 1940
J&D
Cent Pow 1st 5s 1957, ser D.J&J
Cent Pow & Lt 1st 5s 1956--F&A

Consol

67

J&J

96 M

102

101M
103 M

Cent Maine Pr 5s '39 op T9.M&N
1st & gen 4s ser G i960
A&O

Coll trust 5s notes 1942
73

102.25

102 M
89

F-.J&D

M&N
1st & ref 4Ms 1981 ser H—J&D
Cent Indiana Gas 5s 1957
M&S

Cent States Utilities 6s 1938-J&J

104

108 H

102 M

..

Cent
117

107 M

106M

103

98 M
3.25%
4.00%
103 M
103 M

1st mtge 3Ms ser A 1968--J&D
97^
3M% ser debs 1939-1943—J&D 61.50 to
4% serial debs 1944-1948.-J&D 63.50 to
103
1st & ref 5s 1956 ser E—M&N

Central States Elec Corp—
Conv deb 5s 1948
J&J
Deb 5Ms 1954
M&S 15

20 H
98 M

103 %

103 M
110

Cent Pub Serv

109 M
122

115

103

1st & gen M 3 Ms ser H '66-F&A
Cent Mexico Lt & Pow
1st s f 6s 1940
J&J

101

96 M
94

109

-

Cent Iowa Telep 5Ms A 1947-J&J
Central Kansas Pr 6s 1946--M&S

104 H

25

109M

84 H

105M

76 M
75

74

F&A

Central Indiana

71M

lO'lM

75M

1st & ref 6s 1952
J&D
Cent Illinois Light 3 Ms '66_ A&O
Central Illinois Public Service—

ser

in
90

100 %

M&S

29

80

106 M
109 M

—M&S
Brandenburg (Germany) El Pr—
Extl 1st s f 6s 1953
M&N
Bridgeport Gas Lt 4s 1952.-J&J
Brith Golum Pow 4 Ms 1960.M&S

5s

65

27

..M&N
J&D

7s Sept 1947

70

26

1

104

scr A '55 J&J
Centra] Gas & Elec 6s 1946-M&S

1st & ref 3Ms 1965
Cent Ills Elec & Gas Co—
1st & ref 5s 1951

85

82

J&J

Cent El & Tel 1st 5s

1st mtge 4Ms 1967 ser
1st & ref 5s 1968 ser G

28

88 M
102

102 M

1st & ref 6s 1947

4s series C 1956
F&A
Birmingham Elec 4Ms 1968-M&S
Birmingham Gas 1st 5s '59-M&N
6% notes extended 1938--A&O
Birmingham Water Works Co—
1st m 5Ms 1954 ser A
A&O

Boston Elevated Ry—
Deb g 4Ms Nov 1, 1941

38
30

A&O
Rys—
A&O /

1st

97

69

A&O
J&J

1st extend 6s 1947
J&D
Berlin City Elect 6Ms 1951
J&D
Sink fund deb 6 Ms 1959-F&A

65

24 M
24

Assoc Telep Util deb 5s 1942A&O
Certificates of depositConv deb 6s 1941
M&S

2

100M

129M

32

Associated Telep & Teleg Co—
Deb 5 Ms 1955 ser A
M&N

89 M
99 M

J&J

1978

notes

62
87 M
100 M

1st & colltr 5s 1948 ser A
F&A
Central Elec of N J 5s 1940.-J&J

117M

28

J&J

98

1st &ref 5s 1948 ser B
J&J
1st & ref 5s 1960 ser C
A&O
Bellows Falls Hydro-Elec Corp—

29

M&N

M&S /

M&S

Carolina P & L 1st 5s 1956
Cedar Rap Mfg & P 5s '53
Cent Ark Pub Serv Corp—

48

103 %

26

Income deb 4s 1961
M&N
Associated Pub Utilities Corp—
1st lien 5s 1947 ser A
J&J

85

105
'

102 %

8 f inc deb 5 Ms A 1983
F&A
S fine deb 5s B 1983
M&S
S fine deb 4 Ms O 1983..-M&S
S f inc deb 4s D 1983
M&S

A&O

1st mtge 5s ser A 1955
Canadian West Telep 5Ms

Cape & Vine'd El 4s A '65—J&J
Capital Traction (Wash, DC)—
1st g 5s June 1, 1947
J&D

1st g 5s 1957 ser B
J&D
1st mtge 5s 1960 ser C
M&N
Bell Telep Co of Pennsylvania—

101 M
46 M

M&N

110M

111%
105 %
105%

Ashtabula Wat Wks 5s 1958-A&O

Deb 6s series A 1958
Associated Telep Co Ltd—
1st M 4s series B 1965

5s

103 M

101

Cent Hud Gas & Elec Corp—
1st & ref 5s 1941
J&D

5

94M
10114

Income deb 3 Ms 1978
M&S
Assoc General Utilities—
Income debs w w 5s 1956-M&N

89"

111%
105%
105%

102 M

deb 4s 1973
Income deb 4 Ms 1978.
Income deb 4s 1978
Income deb 3 Ms 1978

102M

104 H

93%
101M

Conv

23 H

86

Canadian Rail & Harbor—
Term 6 Ms 1951
Canadian Utilities Ltd—

102M

102 M

J&D

18M
21M
82 M

97

47

105

Ry—See P S Corp

Canada Nor Pow coll 5s '53.M&N
Canadian L & P 5s '49 op *14 J&J

Beaver Valley Water 5s '60-M&N
Bell Telephone of Canada—

84

103

Q-M

105

J&J

1978

44
103

A&O

First lien coll tr 5Ms '46.-J&D
Central German Pow 6s '34.J&D f

101

Conv A 7s 2002
Q-F
Associated Gas & Elec Corp—
8-year 8% ww 1940
M&S
8s ex-warrants 1940
M&S

1st 4 Ms 1960
Camden & Sub

105

1st & ref 4hs 1950
F&A
Ark Louisiana Gas 4s 1951
J&J
Arkansas & Missouri Power Corp
5s series A 1957
J&J
Arkansas P & L 1st 5s 1956-A&0
Ark West Gas 1st 5s w w '39. J&J
Ashl'd Home Tel 4 Ms A 1961A&0

Conv deb

5s

102%

Camden & Rockland Water—

Collateral s f 5s 1973
A&O
Beaver Valley Trac 5s 1950-A&O

105"

Q-F

15

100

Beauharnois Power 5s 1978

103

J&J
Associated Gas & Elec Co—•
Conv deb 5 Ms 1977
F&A
Conv deb 5s 1965
M&N
Oonv deb 5s 1950
F&A
Oonv deb 4 Ms 1949
J&J
Oonv deb 4 Ms 1948
M&S
Cons ref deb 5s 1968
A&O
Cons ref deb 4 Ms 1958
M&N

10
98

45

F&A

Oonv A 5s 2002
Conv A 6s 2002

mtge

102
104

South

Chicago Ry—
1st (35% prin paid) 1927 F&A /

Beauharnois Lt Heat & Pow—
2d

&

60

J&J
A&O

J&J

Calumet

86

Arizona Power 5s 1950

J&J

100 M

Calif Water & Telephone—
1st mtge 5s 1965
M&S
Calumet G & E 5Ms B I960-J&J

58

Arizona Ed 1st 5s 1948
1st 6s 1945
Income 5s 1960
Income 6s 1960

1953

Bangor Gas Light 5s 1941—A&O
Bangor Hydro Electric—
1st mtge 3 Ms 1966
J&J
Barstow (W S) deb 6s 1942--A&O
Bear Mt Hud Riv Bdge Co—
1st 7s 1953
A&O
S f income 8s 1953
A&O

63.00%

102

'58--A&O

92 H

106

Serial notes

85 M

Androscoggin W Pow 6s *45-F&A / 37
Appalachian Elec Power—
1st mtge 4s 1963
108
F&A
104 M
Sfdeb4Ms 1948
F&A
118
Appalachian Power 6s 2024--J&J
Ardmore St Ry—See Phila Co
A&O

99

97

92

104 M

43

Androscoggin & Kennebec Ry—

Assoc Elect 4 Ms
5s Jan 1 1961

106

Baltimore County Water & Elec
1st 5s 1946
M&N
Baltimore Transit Co—
Deb 4s series A 1975—---J&J
Deb 5s series A 1975
J&J
Deb 5s series B 1975
J&J

96

104 M
81

Ask

95

A&O

1st mtge 4s 1966
A&O
Calif Water Serv 4s B 1961-M&N

75

1st g 5s 1955 ser A

M&N

5 Ms series D, 1945
F&A
Amer Utll Service 6s 1964--M&N
Amer Water Works & Electric—
Deb 6s 1975 ser A
M&N
Deb 5s 1975 ser B
J&D

1st 6s 1940

80

J&J

Avalon Telep Ltd 4 Ms

Foreign Power Co—

g 5s 2030
Fuel & Pow 7s

J&J

Augusta Ry & El 1st 5s 1940 J&D
Aurora Elgin & Chicago Elec Ry
1st 5s 1941
A&O

Community Power—

5 Ha Certificates of deposit 1953
Amer Elec Pow deb 6s '57 M&S15

104M

Bid

Bonds

California-Oregon Power—
Deb gold 5Ms 1942—

101

Atlantic City Sewerage—
1st s f 6s ser A 1956
J&D
Atlantic Co Wat 5s *58 ser A M&S

Atlantic City Gas 5s 1960
1st lien & ref 5s 1957

98

Ask

104 M

Vtl Beach Bridge 6Ms 1942--F&A
Atlantic City Electric—
Gen mtge 3 Ms 1964
J&J

88

M&S

1940

\tlanta Nor Ry—See Ga Ry & El
Atlanta Wat El & Pr 5s 1943 J&J

96 %
81M

Allegheny Gas Corp 6 Ms ctfs '43
Alliance Power 1st 6s 1952. -M&S
Alliance Pub Ser(Ohio)5s '57 M&S
Altoona & Logan Val Elec Ry—
1st coll 4s Jan 1 1954
J&J

Bid

Bonds

Ask

t Called Jan. 14 at 103.

s

78M

J&D

14 at 102M

•

1st & ref 6s 1953

ser

Certificates of

1UM
109 H

1st mtge 3 Ms 1966

Ry

f 5s 1964

t Called Jan.

74 H

101

1st

Street

108 M
110M

%

108 %

1.11 M

85

88

69M

75

68

80

Ry—

5 Ms ser A 1952
1st 6s 1955 ser B

105

F&A

5%

m

A&O
-A&O

53

6 Basis.

/ This price includes accrued interest,
'

k Last sale, n Nominal.

74

PUBLIC

UTILITY

BONDS

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

NOTICE—AH

Ask

Bonds

Bid

Cities Serv deb 6s Jan 1966-M&S

71

73

A&O
M&N

69 M
67 %

70M

M&S
J&D

69 M

71M
70M

Deb g 5s Apr 1958

Deb g 5s 1963
Deb 5s 1969
Conv deb 5s 1950
Cities Service Gas Co—

70M

1st M pipe line 5%s 1942-M&N el01.23
Cities Service Gas Pipe Line Co—
1st M 6s 1943
J&J <Z102.25
Cities Service Power & Light—
76 %
Deb 5%s 1952
—.M&N
Deb 5%s 1949
76%
J&D
Citizens Independent Telephone
1st mtges f 4%sser A '61-. J&J
102%
Citizens Utilities Co-

1st M 5s 1954 series B
1st M 5s 1957 series O

77%

55

102 M
102 M

J&D

102

106
45

109 M

109%
36%

34

92%
92 %
91%

37
94
94

93

1st mtge 3 Mb ser I 1968..J&D
Conv debenture 3 Ms 1958.J&J

Conv deb 3 Ms (interest from

Sept 30 1938) 1958
3Ms 1939 issue 1958-

J&J
J&J
Com'w'lth El 5s June 1 '43-M&S

105
106

109%

109%
108

H-1—» ' o o <X>QO^-J
t—'

109
109

1st lien 5s 1962 stamped.-J&J
Oonsol Edison Co of N Y—
Debenture 3 Ms 1946
A&O

Debenture 3 Ms 1948---—A&O
Debenture 3Ms 1956.
A&O

20-year 3Ms debs 1958—J&J
Oonsol Electric & Gas
Coll 6s ser A Aug 1 1962—M&N
6s series B 1962
Collateral 6s 1957

F&A

108

108%
109%

109%
109%

114

Commonwealth Gas Corp—
Non-cum inc deb 6s (w s) 1948. /
35
Non-cum inc deb 6s (x s) 1948- /
22
Commonwealth Lt & Power—
Ref & unif 7s 1962
5
J&J /
75
Com'w'lth Tel
(Pa) 5Ms '45 M&N
Com'w'lth Tel(Wis)4sserA 1M&S
103%
Community Power & light Co—
Col M 5s 1957
74
M&S
100%
Community Pub Ser 5s 1960-J&J
8
Community Teleph 5s Jan 1 1949 f
Community Water Service Co—
Deb g 6s 1946 ser A
65
J&D
Deb g 5Ms 1946 ser B—M&S
62
36
Conestoga Trac 1st 4s 1950--J&J
Coney Isl & Bklyn cons 4s '48 J&J
Connecticut Light & Power—
1st & ref s f 7s '51 ser A..M&N
129%
1st & ref M 3Ms ser F '66.M&S
110%
1st & ref M 3 Ms ser G '66-J&D
107%
25-year deb 3 Ms 1956—M&S
107%
Connecticut Power—
1st & coll trust 5s 1956—-J&J
Conn Ry & Lt 4Ms 1951—-J&J
Stamped guaranteed opt. _J&J
Conn Riv Pow 3 Ms ser Ar61 F&A
Oonnellsv Wat 5s Oct 2 '39.A&0
Consolidated Cities L P & Tr—

105

Light Co—
107%
101

Gen & ref 5s 1950 ser A
J&J
Des Moineg Ry 1st .nc 5s Jan 1 '55
Detroit & Canada Tunnel—

38

107
57

86

16%

4%
4%
90

00

112%
110%
111%

Gen & ref M 3 Ms ser G '66M&S

International

Bridge—
F&A /

/

/

Dortmund Munic Util (Germany)
20-yr s f 6 Ms 1948
—A&O /
Duluth-Superior Transit—
1st 5s 1953 ws—_
M&S /

%
%

89

93"

89%

90%

76

100%
10

20
Dumbarton B'ge 6 Ms to '49-J&J
83
Duquesne Gas Corp—
lstconv6sctfs. 1945
M&S15 /
io
Duquesne Light—See Phila Co
67
Duquesne Nat Gas 7s 1948..J&J
Duquesne Trac—See Phila Co
Durham Pub Ser 7s A '49--A&O
99%
Durham Trac 1st 5s 1941—M&S
101

67
64

38
42

138
112

108%
108%

109

109%

100
85

105%
106%

106""

63

60%

61%
103

62

5s series B 1953
J&J
Eastern Shore Pub Service Co—

95%

45%

42

43

Electric Ferries 7s (w-s) '41-A&O
Elec & Peoples.
See Phila R T

43

Electric

F&A

42

Oonsol Gas of Bait 5s 1939--J&J
Gen g 4Mb Apr 1954
A&O
Oonsol Gas Elec Lt & P

102
125

103%
127

1st sink fund 6Ms 1953.-A&O /
Electric P & L Deb 5s 2030-F&A

Ref mtge s
Oonsol Gas Utilities

109%

110%

Co—
6s unstamped 1943 ser A.-J&D
6s stamped 1943
J&D

59

60%
95
Corp 6% notes, 1940
A&O
Consol Hydro-Elec Wks of Upper
Wuerttemburg 1st 7s '56-J&J / 21%
Consumers Power Co—
1st mtge 3 Ms 1965
M&N
107%
1st mtge 3 Ms 1965
M&N
106%
1st mtge 3 Ms 1967
M&N
107%
1st mtge 3Ms 1970
M&N
107%
1st mtge 3 Ms 1966
M&N
104%
Consum's Water 1st 6s A '46 M&N
80
Deb 5 Ms series A 1970
A&O /
68

Eliz &

61"

24%

108%
107%
108
108

104%

77"

Corp

Trenton RR

J

El Paso El Co—
1st m 58 1950 ser A
El Paso Nat Gas—

1st mtge 4Ms ser

J&J

103

104

102%

103%

m

M&S

7%
84%

87

68%

69%
95%

94

96

90%

90%
83
100

68

75

Un Wat 6s 1935--J&J
Fruit Growers'
Express—

98

Fontana

Equip trust 4Mb to 1941--F&A
Equip trust 4Ms to 1943--M&S
Equip trust 4s to 1946—M&S

b

2.00

1.25%

b

2.75

2.00%

b

2.75

2.00%

Fullerton-Portsmouth Bridge—
1st s f 6s 1957
M&S
Galveston-Houston Elec Rylst M s f g 5s 1954 opt
A&O /
Gandy Bridge (Tampa)
1st mtge s f 5Ms 1957-—
Gary Elec & Gas Co—

60

85

-A&O

96

1st lien coll 5s x-w 1944—J&J
5s with warrants 1944--J&J

98

95%

24
Gary Rys Co 6 Ms ser A 1945 F&A f
Gary Street Ry 1st 5s 1937.-A&O /
23
Gas Co of New Mex
94
6MS *44 M&S
Gas & El of Bergen Co 5s '49. J&D
122
Gen 5s Nov 1,1954
124
M&N
Gatineau Pow 1st 5s 1956
J&D
104%
S f debenture 5s 1949
99%
J&D
General Gas & Electric Corp—
Scrip 4s due 1942
/
30
General Public Service Corp—

6M«

ser

J&J

97

J&J

101

100
26

26

104%
100%
45
98

101%

81%

82

82

82%

86

A'56_ A&O

87%

118

102%
97

97%

60

61%

•

^

98

1st guar 5s 1954 op 1990-J&J
102
Gesfurel 6s 1953 xw
J&D /
26%
Grand Rapids Gas L 5s '39.F&A
104

14

16"

72%

Rapids Ry 1st 7s '39.M&N /
(Japan)—

74

Great Cons Elec Pow

1st M 7s 1944
1st & gen 6 Ms 1950Great Lakes Power Ltd—

F&A

J&J

63

70

f 4Mb 1956
M&S
Great Lakes Utilities Co—
1st lien coll tr 5%s 1942..M&N
Great Northern Power—

99

100

s

53

108%

F&A

56

109%

Bay & Miss Canal—

1st & ref 4Ms 1953—-M&S
Mountain Power Corp—
1st mtge 5s 1948—.
F&A

103.%

Green

J&D

4 Ms notes 1940-1953
J&D
Greenwich Wat & Gas System—

Col tr 5s 1952 series A
Col tr 5s 1952 series B

A&O

A&O

x

102%

102%

100

&95%to
100

98%

Water5s '39 J&J

53

118

110%

Gulf Public Service Co—
1st mtge 6s 1945

104"
102

101%

101

112

Guilford-Chester

Gulf States

99

100

19%
19%
73%

74%

108%

109

104%

99%

164"
100

A&O

57"

104%

105

100

102

107%

107%

Utilities Co—

1st M & ref 4s ser O 1966--A&O
1st & ref 4s C 1966 (new)-A&O

107%
105%
Hackensack Wat 4s'52 op'12 J&J t 106
5 Ms June 15, 1977 ser B.J&J a 107
Hamburg (Germany) Elec Co—
Extl g s f deb 7s 1935-.-M&N /
26%
Hamburg (Germany) Elev Undergound & St Rys 5Ms'38-.J&D f
22%
Hamilton Gas 6 Ms Aw w '37 J&D /
46
108
Harrisburg Gas 5s 1970—M&N
Havana Elec Ry 5s 1952—F&A /
37%
5M8 (Sopt'31 coup on)'51-M&S /
%
Hempstead & Oyster Bay—
Water 6% July 1 serially
Hest Man & Fair Pass Ry—See P hil R T
Home Tel & Tel (Ft Wayne)104%
lst 6s series A 1943
J&J
1st 5 Ms series B 1955-—A&O
103%
10-year 4%s deb 1946

95

A 1951--J&D t
J&D V 161

5s 1952

90

25

Gulf Coast Water 1st 5s '48-F&A
Gulf Power 1st 5s 1968
A&O

99

Conv deb 4 Ms 1946
mpire District Elec Co—

1st & ref

87%

/.

98

1st & ref M 3Ms 1963

101

Corp

Elmira Water, Light & RR—
1st & con g 5s 1956-.
M&S

103%

81

2d 6s 1954

Green

2%
64%

(Germany)—
M&S /

99""
101%

J&J

„

1st 5s stamped 1950

Eliz Plainf & Cent J1
See
Eliz &
Raritan RivVPublic Serv

(Bait)—
f 3 Ms 1971—J&D

Pow

95
102

95%

1st

82

57
1%
62%

43%

100%

Atlanta Cons St 5s 1939..J&J
Atlanta Northern Ry Co—

23"

101

99

15

104%

65" Georgia Ry & Elec—

102

101

18""
107%

100%

Ga-Caro Pow 1st s f 5s '52.-J&J
Georgia Power 1st 5s 1967.-M&S
Georgia Power & Light Co—
1st mtge 5s 1978
J&D

1st mtge colltr 7s 1958
J&J /
Adjt 6s due July 1958
A&O /
Eastern Minn Pow 5 Ms 1951 M&S
Eastern Oregon Lt & Power—
SMsseries A 1951
M&S

Edison El 111 (N Y)—See N Y G
Edison Sault Elec 4Ms, 1961 A&O

16

lBt mtge 4s series C 1966—J&D
Sinking una debs 5s 1946-J&D
Florida Pow & Lt 1st 5s *54—J&J
Florida Public Service Co—

69

88

Edison Elec Ilium of Boston—
3 Ms 1st M s f July 1. '65.J&J
Ed E. IU(Bkn)See Kings Co EL&P

/

Pass Ry 5s May 1 1942...J&J

1 st M c~ll tr

83%
88%
88%
100

1st m5Ms 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

130

1st mtge & coll 6 Ms C55-A&0
General Water Wks & El
Corp—
1 st lien & col 5s 1943 ser A. J&D
Georgetown Gas Lt 1st 5s'61 F&A

100

55 %

111

Federal Water Service
Corp—
Conv deb 5 Ms 1954
M&N
Federated Utilities Inc—
1st lien col tr 5 Ms 1957—M&S
Florida Power Corp—

Grand

Ref m 5s 1948 B
___J&J
Ref 6s Jan 1948 ser C--M&S 15
Ref 6s series D Jan 1 1948.A&O
Ref 6s series E Jan 1 1948-A&O
Eastern Michigan Rys—

lsts f 6Ms 1950

1st lien g 6s 1942
stpd—M&S
Debenture 6s 1954 ser B__ J&D
Fed'l Pow & Lt 6s Nov 1. 1965—
Federal St & Pleasant
Valley

88"

Eastern Gas & Fuel Assoc—
1st m & coll tr 4s A 1956.M&S
Eastern Iowa Pow 6 Ms 1943-M&S
Eastern Lt & Pow s f 5s 1964 M&N
Eastern Mass Street Ry Co—
Ref m 4Mb 1948 A
J&J

102

50%

M&S

Conv deb 5s 1953
Conv deb 5 Ms 1939
General Public Utilities—

20%

E. Kootenay Pow 1st 7s '42.A&0
97
East Prussian Pow 6s '53
J&D /
20
E St L & Interurb Wat 5s '42 J&J * 100
*
1st mtge 6s 1942
100
J&J

104

1

1

15

77

112%
111%

7%
7M

7
7

East Coast Pub Serv 4s 1948 F&A
East Jersey St Ry 5s 1944.-M&N

128%

o o 10C »0 JS JS !

1st gold 5s 1950
J&J
Dom Elec Pow 5Ms 1955—M&S
Dominion Gas & El 6 Ms '45.J&J

106%

47
47

1st 5s. 1966
M&N
Detroit Edison—
Gen & ref 4 Ms 1961 ser D.F&A
Gen & ref M 4s ser F 1965. A&O

1st mtge s f 6Ms 1952
Certificates of deposit
8 f deb g 7s 1952

106%

16%

M&N
Certificates of deposit
Conv s f deb 6 Ms 1948---M&N
Certificates of deposit

Detroit

106%

84

/

24

126%
109%
108%

84

104%

106%
106%
106%

M&N

107%

1st 4s series C 1955
J&J
Florida Telop 1st 6s 1945—A&0

104

J&J

106

100%

1st 5s (Amer
series) 1942.M&S
1st 5s (Internat ser) 1942.-M&S

_

109

Ask

Erie Ltg 1st m 5s 1967.
A&O
107%
Erie & Suburban
Ry 5s 1941 A&O /
12
Fall River El Lt 3 Ms 1968—M&N
104
Federal Light & Traction—

39

Darby Med & Ches Ry—See Phila R Tran
Dawson Ry & Coal 5s 1951—J&J
101%
Dayton Power & Light—
1st & ref M 3Ms 1960
108%
A&O

F&A /
Certificates of deposit
/
Det & Pt Huron Shore Line—

Commonwealth-Edison Co—
1st M 4s 1981 ser F.
M&S
1st M 3%s ser H 1965—A&O

102

59"

57

...

A&O /

Light—

99

Stamped

1st mtge 8 f 6s 1953

105M

M&N

1st mtge & colltr 4s 1965.M&N

47

95%

105%
38%

Stamped as to Pa tax
Denver Tramway Corp—

100M

Deb g 5s 1952
A&O 15
Deb 5s Jan 15. 1961
J&J 15
Columbia River Longview Bridge

1st & ref 5s 1954 ser B...M&N
Columbus Ry Pow &

70"

108%

F&A

Dallas Ry & Ter 1st 6s 1951.J&J

Bid

Ercole Marelli El Mfg Co
(Italy)
1st s f 6 Ms 1953 witn war M&N
Eauit G & E Utica 5s 1942.A&O
Erie Co Electric 6s 1959
J&J
Erie Rys—1st 6s 1954
A&O

101

J&J

1st & ref 5s 1951

96
107 M

Columbia Gas & Elec Corp—

Columbus (Ga) Elec & Power—
1st & ref 6s 1947 ser A
J&D

1st mtge 5s 1966
Dallas Power & Light—
1st mtge 3Ms 1967

Bonds

Empire Gas & Electric Co—
Gen & ref 6s ser A 1952—J&D
Empire Gas & Elec and Empire
Coke jt 1st &ref 5s'4t
opt.M&S
m

93

80

-

J&J
1st mtge g 4Mb 1969
J&J
1st mtge g 4Mb 1969
J&J
Delaware Vail Util 6s 1952.M&N
Denv Gas & El 1st g 5s '49--M&N

5Ms *46.J&D

6Ms stamped 1953

81%
8

7
90

iooper RivBri'geinc 1st 6s'58M&N f 78
91
Copper Dist Pow 4 Ms 1956- J&D
105
County Gas of Dallas 5s '46 A&O
bounty Gas (N J) 5s Jan 1 ,1952.
,65
Crescent Public Service Co—
Coll inc 6s B Oct 1 ,1954—J&D /
45
Cuban Telep conv 5s 1951
93%
J&J
1st lien & ref 7 Ms 1941—M&S
96%
Cumberland Co (Me) Pow & Lt—
1st mtge 3 Ms 1966
101
A&O
Cumberland Gas 6s w-s 1948M&N f
36
Cumberland Valley Telephone—

Delaware Power &
1st M 4Ms 1971

101

Cleve Southw Ry & Light—
Gen & con 5s 1954
1
M&S f
Coast Cos Gas & Elec—
109
1st s f 4sserie8 B 1965
M&S
Colonial Util 5Mb 1958
34M
J&D
101
Colorado Cent Pow

Deb g 5s 1952

Ask

Delaware Elec Power Co—
Deb 5Ms 1959

M&N

Colorado Power 1st 5s *53.-M&N
Colo Utilities 1st 5 Ms 1958.M&S

80%

<

Danville Tr & Pow 1st 5s '41-J&J

69""

75

Clarksbury-Columbus
Short Route Bdge 6 Mb '52. J&D
Clear Springs Water Serv—
1st 5s ser A 1958
M&S
Cleveland Elec Ilium—
Gen mtge 3 Ms July 1, *65.J&J
Cleveland Ry 1st 5s A 1945-M&S

Bid

Danbury & Beth Gas 6s 1948 F&A

City Gas & Elec 1st 6 Ms '51.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—
5s 1941
J&D
City Water (Chattanooga)—

IVA

52

J&J

Pa)
J&J
J&J

103

33 M
56 M

32%

1st coll 4-5 Ms 1948
A&O
Citizens Water (Scottdale)—

1st 5s series A 1953
Citizens Water (Washington,
5 Mb series A 1951
5s series B 1951

101%

53

F&A /

Income notes 3s 1955

69 %

Bonds
Jontin Gas & El deb 5s 1958 F&A
Continental Pub Serv 6s *40. J&D /
Continental Telep 5s 1953.-F&A

Hoosac Valley Street Ry—
1st ext 6s June 1 1947—M&S
Houston Elec 1st 6s B 1950.J&D
Houston Gas Securs 5s 1952.M&S
Houston Gulf Gas—

108

A&O

M

40
30
48

39"
%

«.

-

-

—

20

96%
101

_

1st M & col 68 1943 ser A. A&O

103

103%

war..A&O

100

102

Deb 6Ms 1943 with

*

e

Called Jan. 1, 1939, at par.
+ Called Jan. 16 at 105.
t Called April 26, 1939, at 105.
a Called Jan. 1 at 107.
Called Feb. 28 at 101.
/ This price includes accrued interest,
k Last sale,
n Nominal,
x Called Feb. 1 at 102.




c Basis.
y

d Called Feb. 28 at 102-

Called Jan. 16 at 104.

JAN., 1939]

PUBLIC

UTILITY

BONDS

75

NOTICE—All

bond prices are "and interest" except where marked "t" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue

Bonds

Bid

Houston Light & Power
1st mtge 3 Ms 1966

109 M

—J&D

Bid

f 7s 1952

s

123

%

90

96

/

105

102""
107 %

112M

Johnstown Traction 4s Dec

102

105%

100

101

103

104""

110

112

1st M 4Ms

Cons mtge

61

105%
/
/

31
3s B Dec 31 1962

1st 6s series A 1942

106M

1st ref 4s series O 1957—,

102%
98%
95M

102 M

1st mtge 3 Ms ser A 196(3
Kansas Gas & Electric—

103%

Deb gold 6s 2022 ser A_.
1st mtge 4Mb 1980...-Kansas Power 1st 5s 1947.

119%
104%
102%

23%

86

88*
87

102

Kansas Power & Light

99 M
85 M

83

99 M

100 M
88

87

/

Kentucky Power & Light Co—
1st 5 Ms series A 1942
M
1st m 5 Ms 1948 ser B
M<

86

110M

1st M 5 Ms 1955

F

107

1st M 5s 1961 series G

28

32

87

A<5

F<!

ser

10

11

89

86%

Kentucky Utilities Co—
1st M 6 Ms Sept *48 ser D M<

88%

101%
92%

102%
93%
90%

90

90

110%
101

IVA

90

104

102%

55M

56 M

97

55 M

102

104

10

20

J&J

95

98

86

Traction 1st 6s 1948.-F&A

60

Indianapolis Gas 5s 1952
A&O
Indianapolis Power & Light—

76 M

3 Ms 1st mtge 1968
F&A
3s serial notes 1939-1941 —F&A
3 Ms serial notes 1942-1945 F&A

107 M
102

48 serial notes

100M

100

1946-1948--F&A

Indianapolis Ry 5s, 1967

J&J

50

Indianapolis Water—
1st mtge 3 Ms 1966
Indianapolis W W Sec Co—

J&J

106

J&J

93
56

-—F&A
Certificates of deposit
Sinking fund deb 7s 1938.F&A
Inland Pow & L s f 6s '36 A.M&S j
Coll tr s f 6s 1941 ser .B—.M&N /

/

Deb s f 7s 1935
J&D /
Inland Telep 1st 6s 1948
A&O
Inter borough Rapid Transit—■

56
12

13
13

13

5M

87%

96%

98

Keystone Pub Serv—
1st M 5s 1978

B

63

Keystone Telephone Co—
79
90
92
1st & ref 5%s 1955 ser A.-J&D
95
1st 1 & ref 6s 1951 ser B—A&O
107 % Kings County Elec Lt & Power—
163
165
Purch money 6s g 1997.-A&O
Dec.
6
Edison El 111 Blkyn 4s '39.J&J k 100
KingsCoElev—See Bklyn-Queens
53
105
Kings Co Gas & HI 1st 5s '40 A&O
98
98%
Kings Co Ltg 1st ref 5s '54—J&J
107 M
1st ref 6Ms 1954
102
104
J&J
98
Kingsh'way Bdge 6%s 1962.A&0
98
Kokomo
Water
Works—
59
1st 5s ser A 1958
J&D
105%
59
Lackawanna & Wyoming Val RK
14
10
1st 5s 1951
F&A /
8
14
2
Debentures 6s 1948
F&A /
1%
14
Laclede Gas Lt 5s 1939
80%
80%
A&O
14
1st M coll tr 5M8 '53 ser C F&A
44%
5M
1st col&ref 5Msl960 ser D F&A
43%

63

La

1948.-J&J

103
10

66

69 M

Lake Shore Elec Ry 6s 1933.J&J
General 5s 1933
F&A
Lake Sh Gas 1st 5 Ms 1950--M&N
Lake Superior Dist Pow—

64 %

65M

36

M&S

Intercontlnents Power Co-—
Debs A 6s 1948

J&D

1M

International Hydro-Elec System
A&O

w

74%
99

Internat'l Pow Ltd 6%s 1957M&S
Deb 6s 1957

M&S

75

ser

F&A
B 1942—F&A
A 1942

Crosse Telep 5Ms

1st mtge 3Ms ser A 1966.-A&O
Lancaster Co Ry & Lt 5s 1951 J&J

Lehigh Power Securities—
Deb g 6s 2026 ser A
Lehigh Valley Transit—

F&A

101M

F&A

49

53

Sec 7s 1952 ser F
J&J15
International Railway (Buffalo)-

49

57

Lexington Ry 1st 5s 1949

78

International Telep & Teleg—
Deb g 4 Ms 1952
—.J&J
Conv deb 4%* 1939
J&J

83

37

J&D
Internat Ryref5s *62op_M&N

40

65 M
99%

F&A

69

59

63 M

48

57 M
39M
10

76

A&O

76 M

%
103 M

Interstate Tel & Tel 5 Ms 1953J&J
Investors Telephone 3s 1961-J&J
Iowa Electric Co—

99
55

J&J

90 M

4% notes to 1946
A&O
82
Iowa El Lt & Pr 7s ser O '42.F&A
113 M
1st mtge 4s ser E 1955
J&D
105 M
Iowa-Ill Telep 2-5%s 1949-.A&0 /
—

Iowa-Nebraska Lt & Power—
1st lien & ref 5s'57ser A..M&N
1st 1 & ref 5s 1961 ser B._.M&S

M&N

15
99 M
82 M

98

F&A /

Debenture 6s 1960
M&N
Iowa Southern Utilities—
1st & ref 5 Ms 1950.
J&J
1st & ref 5Ms July 1 '50.M&N

40

81%

1st & ref 5s 1956 ser D
J&D
1st & ref 4Mb 1968ser F..M&S

Iowa Pow & Lt 1st 4Mb 1958 M&S
Iowa Pub Serv 1st 5s 1957—J&D
Deb 5s 1968
M&S
1st mtge 5 Ms 1959
M&S

,66M

68

Int-State Bridge 4-6 Ms *50 M&N
Interstate Gas & El 6s 1951. .J&D
Interstate Power 1st 5s 1957.J&J
Deb gold 6s 1952
J&J
Interstate P 8 (Ark) 6s 1940 M&S /
Interstate Pub Serv Co—
1st & ref 6Ms 1949 ser B—J&J

A 1961

99

105
100

57

91%
114
39

Lincoln Pub Serv 5s 1939
J&J
Lockhart Power 4 Ms 1955.-J&D
Lombard Elec Co (Italy)—
1st extl 7s 1952......
J&D
Lone Star Gas 3Ms debs '53 F&A

Long Beach Gas 1st 5s '56
J&D
Long Island Lighting—
Secured g 6s 1945.
J&J
Conv deb g5Ms *52 ser A. A&O
Long Island Water 5 Ms '55 M&N
Los Ang Pac Co—See PaC El Ry
Los Ang & Pac RR-See Pac El Ry
Los Angeles Railway Oorp—
1st & ref s f g 5s 1940
J&D
Los Angeles Ry 5s 1938..A&0
Los Ang Trac 1st cons 5s '38.J&D
Louisiana Pow & Light Co—
1st mtge 5s 1957
..J&D

Louisville Gas & Elec Co (Ky)—
1st & ref M 3%s 1966
M&S
Louisv Ltg 5s '53 unstmpd-.A&O
Louisv Ry cons ext 5%s 1940J&J

110

106%

107%
78

81

21

102""

99

109%
99%
67

95

30

32

35

; 4

6

5

Ann O

Manhattan Ry con 4s g '90.

A&O
Cent Hanover Bk ctfs of dep.
2d gold 4s 2013
J&D
Manila Elec RR & Ltg Corp—

31

30%
27 %
17%

_

1st lien & colltr 5s 753
M&S
Manitoba Power Co Ltd—
1st M s f 5Ms *51 ser A
J&J
1st M s f 5Ms 1952 ser B..J&J /
Mannheim & Palatinate Elec Cos

29 X
25

81
85

77"

_J&D f

23

21

1st mtge 4M* 1952
A&O
Maritime Electric 4 Ms 1956. A&O
Gen sf5Ms 1956
A&O
Maritime Tel & Tel—
Ref & gen 6-4 Ms ser B 1966 J&J

102%

Ref & gen 4s series C 1967.J&J
Market Street El Pass Ry—

101

103%

99

101

99

101

108

Rapid Transit
Market St Ry (San Francisco)—
1st s f 7s 1940 ser A Q Jan
Maryland Light & Power—
1st M 5Ms 1950 ser A.
J&J
Maysville P Serv 5Ms A 1942A&0
Memphis Power & Light Co—

65

51%
97

100

88

1st & ref 5s 1948 ser A
J&J
1st & ref 4Mb 1978 ser C..A&0

93
89

Memphis Street Ry—
3-5s series A1945
3-5s series B 1945

A&O

37

34

Ann April /
Meridionale Electric Co—
1st s f 7s 1957 ser A
A&O

13

....

68%

69%

109%

110%

1st M 4s 1971 ser E
1st mtge 4s ser G 1965

M&N

106

107

M&N
Metrop Edison Corp 6s '61-M&S
Metro Wat Sewer—See Fgn bds
Metropolitan West Side "L"—
1st gold 4s 1938
F&A

108

108%
85

Income deb 6s (w-s) Mar 1952

11%

6%

Exten gold 4s 1938
J&J
Mexican El L 1st M g 5s '42.J&J
Mex Lt & Pow 1st 5s '40 s f__F&A
Mexican Utilities 7s 1939
A&O
Miami rlridge—

2i*

6

.

\

23

21

34

f

23

38

50

Michigan Associated Telep Co—
1st M 5s 1961

A&O

104

1st mtge 4s ser A1968
M&N
Mich Fuel & Lt 6s A 1950... J&D

105

4%

1939-1948
& Elec Co—
1st & ref 6s 1943
1st M 5s 1956.

F&A

notes

105%

55

Michigan Consolidated Gas—
1st mtge 4s 1963
M&S

96

101%

to

96%
97%

Michigan Gas

M&S

99

J&D

92

100
93

Michigan Public Service Co—
ser

A&O

A

Middle States Util 6s A 1951 A&O
Middle West'n Telep 6s '43--J&J
Middlesex Elec Lt Pow 5s '55 J&J
Middlesex & Somerset Trac—
5s 1950...
J&J

99%
59
84

88

124
82

107
31

99

32

99%

Minneapolis Gas Light Co—
104
101

105

M&N

104%
99%

104%
99%

..M&S

82%

Mississippi Power Co—
1st & ref 5s 1955

J&D

1st 4-5s 1956

A&O

100

1st mtge 3%s 1966.J&D
[Issouri Public Service Co—
1st s f 5s 1960
.F&A
[issouri Telephone—

T-1,-1

oc o

OO ^
00

83

CO £
O0

78

89

108%

90" ~
80

[issouri Power & Light—

100%
53

54

106

105%
37

4 %s series O

M&S

1961

103%
73

104%
74%

102%
8

90

92

76

87

105%

1st 5s 1956
A&O
1st cum inc 9s ser A '56.-A&O

74

Income 7s 1956

103

62

-

..A&O

90

61
90

86

Debenture 6s 2031

93""

91

1st M 5s 1949

106%

108

108%

120

100
99

F&A

96

94

106

M&S

90" "

A&O

95

93

102

J&D

fonongahela Valley Water—
1st M 5%s 1950 series A..J&J
Cunongahela West Penn Pub Ser
1st & gen mtge 4%s i960.A&O
Debenture 6s 1965
A&O
font Cities Gas 7s A 1937—M&N
fontana-Dakota
Power—
Ext 1st 5%s-6%s 1944
J&J
fontana-Dakota Utilities—

Conv deb 4%s 1946
fontana Power—

96 M
98 M

97
82

20

A&O

68%

1st mtge 4Ms ser A 1966-M&S
101
Lower Austrian Hydro-Elec—
1st s f g 6 Ms 1944
F&A /
24
Lower St Lawrence Power—
1st sf 5s ser A 1955
97
A&O

98"

A&O

6-5

105

105

96

93

4

An Oct

ississippi River Pow 5s '51 .J&J
Deb 5s May 1. 1947
M&N

101
-

104
104M

92

90

102%

ississippi Power & Light—

100

2d 4Mb 1940.
General 5s 1950-Lowell Gas Light—

90

102 %
103

Terminal—

Ms serA 1941

1st M 5s 1957

100M
100%

105

f 6

1st income 3-6s 1957
Gen s f 7s ww 1941
2d income 4s 1963

1st mtge 4s 1950
J&D
Minnesota Nor Pr jt 6s 1944 A&O
Minnesota Power & Light Co—
1st & ref 5s 1955
J&D

46

100
100

•

110%
103 X
103%

Middlesex Water 5%s 1957.A&O
Midland Util deb 6s 1938...M&S
Milwaukee Gas Light Co—
1st M 4%s 1967.
M&S

100

Lexington

Buff Trac 1st 5s 1948

1st M 5s 1961

J&D
(Ky) Tel—
1st M 6s ww 1944
M&S
Lexington Util 1st 5s 1952..F&A
LexingtonWat PowColst5s'68J&J
Conv deb 5%s 1953
J&J
Lincoln Gas & Elec 5s 1941.-J&D

108%

108

M&S

1st & ref 4%s 1978

f mtge 6 Ms 1946
M&N f
Lewiston Gas Lt 3 Ms C '56.A&O

Interstate Rys 4s 1943
Interstate Telep Co—

l\H

70

Leipzig Overland Power—
8

108

J&J

5 Ms series B 1964

s

108 %

M&S

Macon Gas 1st mtge 4Ms '52. J&D
Macon Ry & Light 1st 5s '53-J&J
Madison Rys 1st g 5s 1936..M&N

1st g 5s 1947

46

75

54

Deb 5s 1955.

18*

45

49

E

45

78

1st extend 4s 1945:::..—J&D
Ref & impt g 5s 1960
J&D
1st extend 5s 1945
J&D

96

Debentures 6s 1955
J&J
International Power Sec Corp—6 M % sec bonds 1955 ser C J&D

ser

6s coll notes
58 M
37 M

uui/tw

Certificates of deposit
Conv g 7% note 1932
Certificates of deposit

80

62

1st & ref g 5s *66 op tax-ex.J&J
Certificates of deposit

75

6s coll notes

108

Metropolitan Edison Co—

99

J&D

21

f

1st M 4%s 1968 ser D...M&S

99

55

Indianapolis Columbus & South¬

A

110%

/

106 M

Indiana Service Corp—c
1st & ref M 5s Jan 1,1950.J&J
1st 1& ref 5s 1963
F&A
Indiana & S W Gas & Util—

ser

Ask

See Phila

Otfs indebt 2s 1958

84%
109%

Indiana & Mich El 5s 1957--F&A
1st & ref 5s 1955
M&S
Indiana Pr 1st 7Ms *41 A .M&N
Indiana Ry & Lt 1st 5s 1943.J&J

1950

105

60

Kentucky Fuel Gas Corp—
1st 6Ms 1942 with warr—JJ
Kentucky-Ohio Gas Co—

83
97

Indiana Hydro-Elec Power—
1st mtge 5s 1958 ser A
M&N

Deb 6s

120%
103%

110%

M&N /

f 7s 1948—

15-year s f 7s 1941
Marion-Reserve Power—

105

Co-

107

1st M 6s 1947 series A
M&N
1st M 6 Ms 1953 series B—F&A
1st M 5s 1951 series O
M&S
Indiana Gas Utilities 5s 1946.J&J

ser

24%

Kansas Elec Power—

Indiana Electric Corp—

1st 4s

"5""

Kansas City Pub Service—

1st mtge 4%s ser B 1965—A&O
Indiana Central Telep Co—

ser

25
3

105%

Illinois Water Service Qo—
1st mtge 5s 1952 series A..J&J
Indiana Assoc Telegraph—

Sec 7s 1957

105%
105%

1961 ser O.—-J*
Jer City Hob & Pat—See P S Ct

99

s

Debenture 7s 1944

1st

101M

1st & ref 5%s 1954 ser B-J&D
1st & ref 5b 1956ser C
J&D
8 f deb 5,Ms 1957
M&S

w

38

112

lst&ref5s 1957 opt
A&O
Illinois Power & Light Corp—
1st & ref 68 1953 series A..A&O

Conv deb 6s 1944

36
105

107M

Illinois Commercial Telep—
1st 5s series A 1948
M&S
1st mtge 5s 1960 ser B
M&S
111 Community Tel 6s 1949.-J&J
Illinois Northern Utilities Co—

7c

2%

104 M

101

1st M

Luzerne Co (Pa) Gas & Elec—
1st ref&imp g 5s'48 op'13 A&O

Manchester

121

101M

A&O

i%

James River Bridge Corp—

103 M

119

A&O

C

40

r/

102M

2Mb 1942

Secured 5s 1958.
Inland Gas 6%s 1938

93

39

99

3 Ms
1953
F&A
Idaho Power 1st 3 Ms 1967..A&0
Illinois Bell Tel 3 Ms B 70—A&O

ser

Bid

MacLaren-Que Pow 5Ms Febl'61

J&

lst 6s series A 1956
Jacksonv (Fla) Gas—

104%

103 M

Coll tr 6s 1957

Bonds

1st & ref 6s 1954

105% Jackson County (Mo) Lt H & P-

101

A&O

6% conv notes 1940
Indiana Telep 5s A 1960

43

124%

63

3 Ms 1947

1st lien coll 5 Ms 1938

58

60

41

1st M

49

58%

103

Hydro El Bond & Sh 5s 1957M&N
Hydro El Corp (Va) 5s 1958.J&D
Hydro Elec Power Commission
(Ontario) 3%s 1943
J&J
4%s due Jan 1. 1970
J&J

ern

Ask

Island Gas & Electric—

A&O

C 1962

110

103

Hunt'g'n Wat 1st M 6s 54A M&S
1st M 5s 1954 ser B—_M&S
ser

Bonds

Luneburg Pow L & W

Houston Natural Gas Oorp—
1st m coll 6s '43 with warr. J&D
Hudson Co Gas 5s g 1949.-M&N
Hudson River Trac 5s 1950.M&S

1st 5s

Ask

1st & ref mtge

3%s 1966..J&D

deb 1939

conv

1st & coll

s

1st & coll

f 3%s 1956
3%s 1973

o o o o S3K
99%

J&J

F&A
J&J

108%
100%

100

83%

A&O

100

3%

117

102%

96%
104%
50%
104%
101

99

51

105%
101%

t

t Called Jan. 10,1939, at 104.




b Basis.

/ This price includes accrued interest,

k Last sale,

n

Nominal,

r

Canadian price.

r

76

PUBLIC

UTILITY BONDS

NOTICE—All bond prices are "and interest" except where marked "t'*
Quotations for al securities are as near as possible for the closing day of the

*

Bid

Bonds
Montreal Tramways—
1st & ref g 5s 1941 opt.---J&J
Gen & ref 5s 1955 series A. A&O
Gen & ref 5s 1955 ser B—A&O
Gen & ref s f 4 Ms *55 ser O A&O
Gen & ref 5s 1955 ser D_A&0

Ask

96 M

99

71M
71M

■71M
105M
Morgantown Water 5s 1965--J&J
70
Mount Hope Bridge 5s 1969-J&D
17
2d income 8s Dec 15 1969--.. /
Mountain States Power Co—
1st & ref 5s 1938.
-J&J
1st M 6s 1938 series B
J&J
Mountain States Tel & Tel—■

80"
73"
19

_

„

94

97

95 M

97 M

105 M
105 M

1968----J&D

Muncie Wat Works 5s 1965-M&N

Municipal Gas & El Oorp of
Recklnghausen 7sl947 —J&D /
Mut Fuel Gas-See Peoples GL&O

20 M

Mutual Un Tel—See West Un Tel

Narrangansett Elec Co—
1st mtge 3 Ms 1966

107 M

J&J

Nashville Gas & Heating Co—
1st 5s 1951
M&N
Nashville Railway & Light—

88

-

107 M
90 M

_

107

Cojts

gi5s 1953opt 1908—J&J
Ref & dp gold 5s 1958
J&J
Nassa\EKRK—See Bklyn Queens
Nassau&rSuff Ltge 5s 1945—F&A

93

74

76

National Electric Power Go—

1M

/

5s stamped 1978
J&J
Not Gas & El Oorp 5s 1953-F&A
5s series B 1947
J&D
Nat Lt & Pow 6s 1949—-M&N
Nat Pow & L deb 6s 2026 A.F&A
Deb 5s 2030 ser B
M&N
Nat Public Service Oorp—
Debenture gold 5s 1978—F&A
Certificates of deposit-—-—
Nat Toll Bridge 6s stmp '39-J&J
Nebraska Pow 1st 4Ms 1981-J&D
Deb 6s 2022
M&S
Nev Calif Elec 1st 5s 1956—-A&O
Deb 6s July 1941—
J&J
New Amsterdam Gas—See N Y
GELH&P
_

olK

89
89

91""

97 M
92 M

93 M

99 H

.

/
/
/

40

35
36

38

%

wy*

108"
116M

76

78

98

Newark Cons Gas con 5s *48.J&D
Newark Gas 6s Apr 1 1944--Q-J
New Brunswick (NJ) Lt H & Pow
4s Dec 15 1939
J&D
Newcastle (City of) W 5s *41 J&D
New England G & E Association
Deb g 5s 1947
M&S
Oonv deb 5s 1948
-J&D
Conv deb 5s 1950
-—M&N
Convertible deb 5s 1962—J&J
New Engl Pow Assn 5s 1948.A&0
JDet/SMs 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 Ms 1961 ser B
M&N
Newfoundland Light & Power—
lets f 4Ms 1956
—J&J
New Haven Water—
1st & ref 4Ms B 1970——A&O
1st & ref 4Mb O 1981—M&S
4Mb 1983—
M&N
N J & Hud Riv Ry & Ferry—
1st gold 4s 1950———M&S
N J Pow & Lt 1st 4Ms '60--A&O
New Jersey Water Co—

100

122 M
120
102

—

101M
54 M

55 M

MPs

54
53 M

55M

90 %

93

93 M

107 H

108 M

,

124 M

_

123 M

125
124

103 M

108 M

109

93 M

1st & ref 5s 1955

ser

Pacific Elec Ry g 5s 1942

106 M

103 H
103 M
105 M
32

105
103 H

96 M

96 M

106 M

106

106 M

2

3

98

100

45

47 M

107 M

106M
76
52

78

96

100

55

r

101M

---_

111M
114

116

U7M

57

61

108 M

99""

98
New Mexico Power—

87

pP lst mtge 5s 1958
New Orleans City & Lake—

105

::::

105

1/

14M

102 M
103 M
100 M
»/ 92

Newport & Fall River St Ry—
4 Ms 1954
-J&
Newport Gas Lt 5s A 1961—J&.
Newp News & Hamp Ry G & E-

105
104
105
100
87
85

lst 5s series B 1951.

89

101M

102 M

99 M

Y & East River GasN Y G E L H &»P
New York Edison Go—
N

105M
107 %

105 M

22

25

75M

76 M

56

107 M
108 M
N Y Gas Elec L H & P Oolst g 5s Dec. 1 1948

108

125 M

80

98 H

100

67 M

105

99

100

108M

106 M
106 M

101
102 M
106

101M
103 M

101M

102M

119

105M

105M

r

lis

121

r

112

J&
NY&Westch Ltg 4s 2004-J& r
Deb g 5s 1954 op guar—J&
N Y Power & Light Oorp—
1st mtge 4Mb 1967
A& )
N Y & Queens Elec Lt & Pow—
1st & cons M 3 Ms 1965..M&' r
New York Rys Corp—

112

Ohio Valley Water 5s 1954-_-J&J
Ohio Water Serv 5s A 1958-F&A

105

109 %

110M

r

104

105 M

1st mtge 3 Ms 1966
J&D
Debentures 4s 1946
J&D
Oklahoma Natural Gas—
1st mtge 4Ms ser A 1951-M&N
Conv deb 5s 1946
—M&N
Oklahoma Power & Water—■
1st M 5s 1948 ser A—
F&A

Prior lien 6s

stpd 1958——J&
Adj Income 6s Jan 1 1965--Aj

f

106 M

/

Bleeck St & F F 1st 4s '50-J&

If
B'way & 7th Ave 5s 1943. J& >/

107 M

40
30
9

N. Y. & Richmond Gas Co—

1st ref M 6s 1951 ser A—M&: r

88 M

92

N Y State El & Gas Corp—
i
3

1st 4Mb 1960
New York State Rys-

92 M
98

3

If

1/

101M
100 M

100M
38

*

Called Jan. 1 at 102.




b Basis.

3H

J&J

1943

1st 5s series B 1949----—F&A
Oklahoma Ry 1st & ref 5s 4!-J&J
Income 5s 1990
Apr 1 /
Old Dominion Pow 5s May 15 '51
Omaha & Council Bluffs St Ry—
1st extd 4s 1947—
-J&J

Ontario Pow 5s *43

99^

Ontario Transmission Go Ltd—
1st gu g 5s '45 opt bef '16-M&N

op

to '13.F&A

103 M
107

106 M
104 M

104 M

105

106 M
105 M

107
105 M

Electric

Co,

Pennsylvania Gas & Elec Co—

IstL&Ry 5s 1958—

^6M

97

103 M

104

_

A—M&S

84

86

M&S

77

79

Pennsylvania Gas & Elec Corp—
Deb gold 6s 1970 ser A.— M&S
Pennsylvania Pow & Light Co—
1st M 4 Ms 1981
A&O
Pennsylvania State Water Corp—
1st coll trust 4 Ms 1968—M&N
Penn Telep 1st M 4s 1965—A&O
Penn Water 1st 3 Ms A *67—F&A
Penn Water & Pow a f 5s '40. J&J
1st ref 4 Ms 1968 ser B
M&S
Penn Wat Serv 5s ser A '67-F&A

80

105 M

1960

4s

— —

-

104 M
108

72

11

15

116M
112M
91M
93 M
114M

113 H

95

96

10

11

79M

81M

95

——

100 M

-M&N
M&N
F&A

101
100 M

Prior lien 5s 1948

86 M

103 M

101M

_

5s'50A&0
United Trac 5s 1997 ctfs—J&J
West End Trac con 5s '38-J&J

So Trac 1st & coll tr g

Philadelphia Electric—
1st & ref mtge 3 Msl967—M&S
Philadelphia Elec Power Co—
1st mtge 5Ms 1972
-F&A
Phila & Garretsford St Ry—

/

98 M

98 H

uln

110M

68

W
6M

"8M
8

9

„

—-F&A
Philadelphia Rapid Transit—■
Coll tr g 5s 1957 opt s f—F&A
1st 5s 1955

91M

S f guar

90 M
37

6s gold 1962
1st m r e 6s 1944

58 M

7M
60-M

63 M

65 M

Darby Media & Ches St Ry-—
1st 4Ms 1936
—J&J
Hest Mantua & Fairm—
1st extd 5Msl939-—-M&N
Market Street Elev Pass Ry—;
1st g gu 4s 1955.
M&N
Union Traction—
Elec & Peo 4s tr ctfs '45-A&0

112M
113

5s 1962—

M&S
M&S
—__J&J

People's Traction Go—
P P Ry tr ctfs 4s 43-F&A /
Union Traction 4s 1952-J&J

n

82""
68

64

.

89

k Last sale,

104 M

78
62

1st lien 6s A 1949 w w—F&A
Peoria Water Works Co—
1st consol 4s 1948-.--—M&N

90M

110

107 M

104

J&D

Peoples Tract—See Phila R T
Peoples Water Service (Md)-

83
105 M

97 M

106 M

Refunding gold 5s 1947--M&S
ser B—-J&J
1st & ref mtge 4s ser D *61 - J&D
Mutual Fuel Gas g 5s' 47 M&N
Peoples Light & Power Corp—•
1st lien 5 Ms 1941-—
-J&J
Conv deb 5s 1979—
J&J /
Peoples Light & Power Co—
1st lien coll 3 6s 1901
J&J
Peoples Telep (Butler, Pa)—„
.

102 H

—

98M

Penn Public Service Oorp—
1st & ref 68 ser O 1947—-M&N
1st & ref 5s series D 1954-J&D

4M
4M

/ This price includes accrued interest,

94M

103
92

105 M
102 M

35

92 M

100

97

100 M
91

83

60
105 M
100 M

■28

92

-F&A

5_Ms I960-

_

100

76

24

Philadelphia Company—
Secured gold 5s 1967———J&D
Ardmore Street 5s 1958--A&O
Duquesne Lt 1st 3 Ms *65-J&D
Duquesne Trac 1st 5s *30-J&J
Plttsb Rys 5s 1953
A&O
2d Ave Tr 1st 5s 1934
J&D

81

93 M
99

3H

7 Ms

1st coll

1st con 5s 1948
1st & ref 5s 1950-

Oklahoma Gas & Electric—

112M

Con 5s 1945

Ohio Valley Gas Oorp—
1st 6 Ms 1943 (with warr)

71

Penn-Ohio Edison Co—
Deb g 6s 1950 ser A ex-w-M&N
Deb 5 Ms 1959 ser B
F&A

103

4s 1945-1947
-F&A
Oh^o River Bridge! & Ferry—■
1st 5s 1942
J&J
Ohio Term (Cleve) 6s 1947--J&D

95

Light Co

Penn-Jersey Water—

106 H

105M

F&A

116M
134M

Pecos Valley Power &

103

.

78

106
106 M

108 M
109

122

1st & ref 4s 1981

20

14

77M

108

lstsf5Msl960———J&D
Peoples G & Fuel 6 Ms ww*37 A&O
People's G L & Coke, Chicago—1st cons g 6s 1943--A&O

108
104

F&A

116M
134 M

A&O

12
75 M

Peoples Gas (N J) 1st 5s '68-J&D

,

-F&A
F&A

115
104 M

108 M
99 M

1st 1 & ref 5 Ms '55 ser

106 M

Ohio Public Service Co—

3M-3Ms 1941-42
3 Ms 1943-1944

-

1st & ref 4s 1971 ser F
M&N
1st & ref 5s ser H 1962.—A&O

„

-

113 M

104

Ref mtge 3 Ms ser O 1960-J&D
Parr Shoals Pow 5s 1952
A&O
Paterson & Passaic Gas & Elec

Pennsylvania

11

.

1st mtge 4s, 1962
Notes—
3s 1939-1940

Ms ser B I960-

109M
106 %

Penn Central Light & Power Co
1st & ref 4 Ms 1977
M&N
1st 5s 1979———
M&N

107 M

Oberpfalz Elec 7s 1946 .
J&D
Ogden Gas 5s 1945—
M&N
Ohio Assoc Telep 4 Ms 1966-J&D
103
Ohio Cent Telep 1st 6s '47--J&J
104
Ohio Cities Water Corp—
102
1st M coll tr 5Ms '53 ser A-J&J
93
Ohio Edison 1st & con 4s '65 M&N
1st mtge 4s 1967M&S
1st mtge 3Ms 1972—-—--J&J
Ohio Elec Pow 1st M 5s 57 J&D
Ohio L & Pow 1st 5s 1944--M&N
106
Ohio Pow 1st & ref 5s 1952 B J&J
Deb g 6s 2024
J&D
§6""
1st mtge 3 Ms 1968--A&O

109
106 H

1st extended 6Ms 1950—M&N
Non-cum inc deb 6s 1950-M&N f

18
N'west Cities Gas 6s 1949-—J&'J
Northwest Louisiana Gas—
1st M 6Ms 1936 with warr.J&D /
8
Northwestern Electric—
1st 6s stamped 1945
M&N
104%
Northwestern Elevated (Chic)—
1st mtge 5s 1941 optM&S f
8*/
Union El (Loop) 5s g*45—A&O
Northwestern Light & Power—
6s series B 1950—
—F&A
Northwestern Power Co Ltd—
62
1st M s f conv 6s *60 ser A-J&J f
62
Certificates of deposit--.
Northwestern Pub Serv Co—
97 M
1st M 5s ser A 1957
J&J
N'western Teleg 1st 4 Ms '44-J&J
Northwestern Utilities, Ltd-— '
96
1st ref 6-7s ser A 1949
J&D
Nova Scotia Light & Power Co
101
1st M s f 4s 1957——
J&D
NY PA NJ Utilities—
65
Deb 5s 1956
—-f&A

—

Ref mtgle3

113M

112

Paterson Ry—See Pub Serv Corp
Pecos Valley Gasext6Ms '44M&N

104 M
104 M

15M

52

113M

Oonv deb 6s 1950
-M&S /
PaclficPower & Light Co—
1st M 5s 1955—
F&A
Pacific Teleph & Telegraph—

106 M
104 M

„

_

35

53

consol gold 5s 1949
M&S
Paterson & State Line Traction5s 1964
J&J

102

May 1 '69

102
44

48

1st & ref M 3 Ms ser 11960-J&D
Pacific Light & Power Co—
1st 5s, 1942
J&J
Pac Ltg Oorp deb 4Mb 1945-A&0
Pacific Northwest Pub Serv—

106

129
123 M

J&J

103 M

33

-

105M

Northern Utilities Co—
1st lien 4-68 1968
—M&N

_

101M

102
101
41

1st ref g 4s 1950 opt *15—J&J
Los Angeles Pacific KR—
1st & ref mtge 5s 1943.M&S
Pacific Gas & Electric Co—
1st & ref M 6s 1941 ser B.J&D
1st & ref M 4s ser G 1964--J&D
1st & ref M 3 Ms ser H '61 J&D

107 M

63 M

105

Los Angeles Pacific Co—

105 M

60

106

103

J&J
M&S

100
107

104 M

90

100
103

1st mtge 4s 1961--.
J&J
Ozark Power & Water Co—
1st sf 5s 1952
__M&S
Pacific Coast Power 5s 1940-M&S

Refunding 5s 1901—

Northern N Y Utilities Inc—
1st lien & ref 7s 1946 A—M&N
1st lien & ref 6s 1947 B—M&N
Northern Okla Gas 1st 5s '46-J&J
Northern Penna Power Co—
1st & ref 5s 1956 ser A—-J&D
1st & ref 5s 1962
—A&O
Northern States Power Co—
1st & ref M 3 Ms 1967—-F&A
Northern Texas Elec Co—

8 freg income 3-6 Ms

86

105

51

105M

Ask

98 M

Ref & coll tr 4s 1957——A&O

5?

50
48

-

f g 5s 1940 opt

1st M 5s 1957 ser A
J&D
Ottawa El Ry 4Ms *48-'55.J&J
Ottawa Light Heat & Power—
Ref & colltr 3-3 Ms '39-48 A&O

.

1st coll & ref 5Ms *48 ser A-J&J
North Penn Gas Co—
1st M & lien 5Ms 1957—M&N
North Shore Gas Co of Illinois—
Joint 1st mtge 4s ser A '42-J&J
North Texas Co 3-6s 1957
J&J
N'eastern Wat & El 6s 54— F&A
Northern III Water 6s 1952J&J
North Ind Gas & El 6s '52—M&N
Northern Ind Pub Serv—
1st & ref 5s 1966 ser O
—M&N
1st & ref 5s 1969 ser D—M&S
1st & ref M 4 Ms 1970 ser E J&D
Nor Indiana Telep 4 Ms '55-M&N

s

99

Ottawa Valley Power Co—
1st Ms f 5 Ms 1970
A&O
Otter Tail Power Co (Minn)—

108

1st mtge 6 Ms 1953
—J&J
Norf &iPorts Bdge 6 Ms '47--F
North American Co.—
Deb 5s 1961—
F&A
North American Edison Co—■
Conv deb 5s 1957 ser A—M&S
Deb 5M8 1963 ser B
F&A15
Deb 5s Nov 15 *69 ser O M&N15
Nor Amer Gas & El 6s 1949-.J&J
North Amer Light & Power Co—
Sfdeb 5 Ms 1956
—J&J
North Boston Ltg Properties
3 Ms secured notes 1947
A&O
North Carolina Gas 6s 48—M&N
North Central Gas 5 Ms 1955 A&O
North Continent Utilities Corp—

Coll tr

95 M

110M

A--—A&O

-

Bid

^

See N Y Gas Elec Lt & Pow
Niagara Falls Power—
1st & ref 3 Ms 1966——M&S
Niagara Lockport & Ont Power—

_

„

1st s f 7s 1946—
A
New Orleans Pub Service Co-

101M

103 M

1st M 5s 1951 ser A
-M&N
N Y & Westchester Lighting-

Bonds

Oregon Elec Ry 3s 1958
M&S
Oregon-Washington Water Serv—

Ask

101H

Ref mtge 3 Ms ser B 1967--J&J
N Y Water Service Oorp—

Nippon Elec Pow Ltd (Japan)—

.

30-yr 3 Ms debs

Bid

Bonds
New York Steam Oorp—
1st mtge 3 Ms gtd 1963—J&J
N Y Tel 1st 4 Ms '39 tax ex_M&N

and Income and defaulted bonds
month preceding the date of issue

Nominal,

r

Canadian price.

110 H

110M

11VA

112 M

44

75

77

76

77

74 M
90

76
93

21
50
90 M

7M
11
90

92 M
8
13

77

UTILITY BONDS

PUBLIC

JAN., 1939]

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

NOTICE—All bond

Bid

Bonds

1st

s

M&S

f 4s 1965

108

108M

Phlla & West Chester Traction—

J&J
J&J

31

34

42

46

1960-J&J
Hydro-El Co (Italy)

5

1st 4s 1954.
1st 6s 1954
Phlla & Western Ry 5s

Piedmont
1st & ref s16Ms I960 ser A A&O
Pinellas Wat Co'5 Ms 1959-M&S

7 v

51

50

100

1937
Pittsburgh
Rys—See Phila Co
Pittsburgh Suburban Water Serv

7M

1st 1 & ref 5s 1958
M&S
Pittsburgh Trac 1st 5s 1927-A&0
Plainfleld St Ry 6s 1942
J&J
Plainfield-Un Wat 5s A '61.M&M

102 M

Pitts Canonsburg & Wash 5s

Elec

1953.-M&N f

6s

St Clair County
Gas & El—
1st cons guar 5s 1959
M&S
St Joseph Ry, Lt Heat & Power—

107

23 M

18M

Henry L H & P 1st 5s '46-F&A
1254

Portland Elec Pow 6s 1950-M&S

Portland (Ore) Gas & Coke—
1st & ref g 5s *40 opt '20_-J&J
1st l'n & gen 4 Ms 1940—J&J
Portland Gas Co 1st 5s 1951-P&A
Portland (Me) Gas L 5s A'50 A&O
Portland General Elec Co—
1st & ref 4Mb 1960
M&S

J&J

1st M 5s exten to 1950

Portland (Me) RR 3 Ms 1951-J&J
1st 1 & con m 5s 1945—M&N

63*

6454

102 M
80

103 M

63

59

58
105

107
65

63

15

M&N
A&O

107 M
109

108
111

1st mtge 3 Ms 1966
J&J
Power Corp of Canada Ltd—
Conv deb 4Ms 1959 Ser B-M&S

108 M

108M

Conv deb 5s ser A 1957
J&D
Power Secur coll tr 6s '49__J&D

103 M
100 M

Potomac El Pow—

102 M

10054

& P 5s '46-M&S

10654

1st mtge 3Ms ser A 1961—J&D
Santa Barb Tel 3 Ms ser C'66 J&J

23"
38M

Ry debenture 4Ms 1943..J&D
Savannah & AtlantaRy—
1st

108
108

Savannah Elec Co 5s g '52.J&J
Sayre (Pa) Elec 5s 1947.
A&O
Schenectady Ry 1st 5s Mar 1, '46
Scioto Val Ry & Pr 1st 6s '43. J&D

106 M

10154
150

1st 4 Ms 1958
M&S
Scranton-Spg Brook Water Serv—
1st & ref fig 1967

Elizabeth & Trent 5s *62-a&O

103

J O Hob & Pat 4s 1949-—M&N

58

Paterson Ry—
2d 6s "14 ext 5% to '44-A&O
So Jei sey Gas El & Trac—

85

.1953-M&S

125

1st & ref 8s 2037
P Serv of Penn 1st

Public
1st

Utilities
M

5Ms

Secured

5MsA'53_J&D

Consol Corp—

1938

6s

102 %
106

103."

106 M

1st coll 4-5Ms 1948
A&O
Puerto Rico El Pow 4s to *56.J&J

Puget Sound Power & Light—
1st & ref 5 Ms 1949
J&D
1st & ref 5s 1950 ser O
M&N
1st & ref 4Ms 1950 ser D.J&D

5M% notes 1940
F&A
Puget Sound Tel 5s A 1952.J&J
Quebec
Power—
1st & coll 4sl962
M&S

Queensboro Gas & El 5s '52-J&J
Conv g deb 5Ms *52 ser A-A&O
Quincy El Lt & Pow 5s A*47 M&S
Rapid Transit St Ry 8s 1941 .A&O
Republic Nat Gas 1st 6s 1954J&J

106M

10854
144 M
210M

109
145 M

211M
52

50

J&D

1st coll trust 5s 1951

Wat

Serv

1953

Extl deb 6s

Union
J&J /

f

4M8'67 serA A&O

coll tr 4M8 68 ser B.M&N
1st coll tr 4Ms ser D '70.A&O
1st coll tr 4s ser F 1961
A&O

Shenango Val Water 4s B'61 A&O
Shinyetsu Elec Pow (Japan)—
1st sink fund 6 Ms 1952
J&D
Shrevp't Bdge & Term 5s'55.F&A
Shreveport Rys—
Gen income 4s Jan 1 1957-A&0

76 M

75

1st & ref 5s 1960

M&S

1st 5 Ms ser B 1957

42

55

53

Silesia Elec

98

Corp

s

M&S
f 6Ms'46 -F&A

75M

111M
105 M
7

76

6s stmp ext May 1 *48
Debenture 6s 1951

100M
47

100

104 M
104 M

104
103 M
104

59 M

F&A

5954

59 M

56

58
58

J&D

56

Standard Telephone Co—
1st 1 coll tr 5Ms *43 ser A.M&N

68

M&N

60

60

13

ser

B

Conv deb 6s 1938

54

79

78
48

Ry 1st 5s 1951

s

f 5Ms

1971-J&J

Tampa (Fla) Gas 5 Ms '56--A&O

105M

1st

103

23

21M

A&O

1961

5s

95
117
125
10

12
3

2

51M
87 M

52 M
89

84

Telephone Bond & Share Co—
J&D

6754

69 M

1953.
M&N
Temescal Water 1st 5s A '60 M&N
Tennessee Eastern Elec Co—

83

1st M 5s 1943

91

93

Ref

.F&A
f 6s series A 1955._-M&N

68

72

95 M

95 54

5s

1st & ref 6s 1947

73
84 H

83 M

J&J

1st

102 M
105

102

10754
U1M
104 M

3 Ms May 1 I960-J&J
3 Ms ser B I960.-J&J

108 M
108 %

109
109 M

106 M
109 M

106 %
109 M

Rochester Central Tower Corp—
Deb g 5s 1953
M&S
Rochester Gas & Elec Corp—

55

65

Co—

M&S
F&A

98

101

1st

6s

A

A&O /

1939...

Texas Elec Ry 5s 1947
Tex Trac 1st 5s 1937

J&J f
opt--J&J f

60

95

107 M

53

108M

104

101M
10254

8
2M

3

2M

3M

J&J

A&0 /

A&O

98 M

H

99

25

M&S

1st 2-6s 1951

Texas Hydro Elec Corp—
1st mtge 6s ser A 1956

Texas Pow Corp 6s 1956
General 6 Ms 1956
Texas Power & Light—

22

24

A&O
M&S

85

87

98

99

M&S

89

J&J

Deb g 68 2022 ser A
& ref 5s 1956

M&N

Texas Pub Serv 1st 5s (w-s) 1961Texas Traction Co 5s 1937.-J&J f

Southern Canada Power—

4Ms 1962

90

Texas Consumers Water—

1st

A&O

1st M 4Mb I960.

g

1st mtge 5s 1960
Texas Gas Util 6s 1945

11054
104 54

1st & ref 4Ms 1961
1st M & ref 4s Aug 1 '65.
Southern Calif Water—

M

con

8954

& Light—

5s 1944
M&N
Terre Haute W W Corp—
1st M 6s 1949 ser A
J&D
1st M 5s 1956 ser B
F&A
Texarkana Wat 1st 5s '58--F&A

M&S
M&S

Southern California Gas

Terni

J&D
J&D

Texas Electric Service Co—

3 Ms debentures 1962
A&O
Southern California Edison—

80

A

opt..M&N
Hydro Elec 6Ms 1953-F&A

Terre Haute Traction

Co rp

Southern Bell Telep & Teleg—

1st & ref mtge 4s 1960
Debenture 3 Ms 1945

ser

1st & ref 5s 1956.
Tenn Pow gu 5s 1962

27

1st lien 6s 1944
lien 6s x-w 1941

1st

s

99

Tennessee Electric Power—

Southeastern Gas & Water Co—

80




5954

18

S'eastern P & L deb 6s 2025.M&S

r

F&A

6s gold debs 1957
Standard Power & L Corp—
Deb g 6s 195/

60

25

30 Ji
30

1, 1939, at 110.

J&D

F&A

Telephone Service (Ohio)—

79
78
102

Nominal.

60

A&O
A&O

17

27

J&D

35

65

20

F&A

1933 ctfs of dep

33

-A&O
Sutter Butte Canal 6Ms '43.M&S
Syracuse Gas g 5s 1946
J&J
Syracuse Lighting 5s g 1951-J&D
Syrac Rap Tr 1st g 5s 1946-M&S
2nd mortgage 5s 1930
J&J

39 M
72

M&S

106

101M

100 M
94 H

Gen 3Ms series H 1967

97 M

104

Stettin Pub Util 7s 1946
A&O
Steubenville Wellsburg & Weir ton

99 M
94

.Gen mtge 3 Ms ser I 1967-M&S
Rochester &
Lake Ontario
Water 5sl938
M&S
Roch Ry cons 5s g 1930
A&O

96 M

109M
106 M

104 H
102 M

101M
100 M

35 M
67

122M
109 M
10854

105

5954
5954
5954
5954

1st lien 6s 1948

101

J&D
J&D

Gen mtge4Ms 1977serD_M&S
5s series E 1962
M&S

101

Convertible notes—
6s stmp ext May 1 *48

107M

101M

South Pittsburgh Water Co—
1st lien & ref 5s 1960 ser A. J&J
1st lien & ref 5s 1960 ser B.J&J
lBt M 5s 1955
F&A

Ref mtge
Ref mtge

116

51

Standard Public Service Corp—
1st lien 6s series A 1948
F&A

99 M
45

71

105

65M

65

Debenture 6s 1966

South Jer G E & T—See Pub Serv ice

103 M

104 M

101

Stand Elec (Calif) 1st 5s '39.M&S
Standard Gas & Elec of Delware

S'eastern Indiana Pow 6s '43 M&N

J&J

83

104

M&S

78 M

M&N

25

104

102

South Carolina Power Co—
1st lien & ref 5s 1957

10554

10354

Co—

Telep

10054

M

F&A

Southwestern States
1st M 6s 1948

77 M
76

g 4s Dec 1, 1943
J&D
Bay Consol Water—

22M

SIM

100M

107

20

103 M
103

B

ser

Stamford Water 1st 5s 1952. _J&J

101

69

F&A

1st M 5s 1957

100

Valley Gas Co—
1950
A&O
5Ms 1951
F&A
Ry & El 5s 1953--F&A

n

106

29

4s 1952

Called Jan.

10

103

30

1st mtge 5s
Roanoke G-L

*

7
101

103

67

10754

102 M

M&N
1939-1945.-M&N

Spokane Falls & Nor 6s 1939. J&J
Spokane Gas & Fuel 5s 1944-F&A
Spring Brook Water Supply—
1st ref 5s 1965
A&O
Spring Val Util ref 6s 1943..J&D
Springfield City Water—
1st mtge 4s ser A 1956
A&O
Springfield (Mo) Gas & Elec Co—
1st mtge 5s 1957 ser A
J&D
Springfield (Mass) St Ry—
Ref & gen 6s 1940
M&S
Springfield Terminal Ry 7s 1942

104 M

99

Rio Grande

k Last sale,

106M

101

Richmond (S I) Lt & RR—

2d 5s g

106
103 M

100

lOlM

10754

Ser deb 4s A

ser

101

1st ref 5s 1950.

100M

112M
10454

1st & ref M 3s

Southwestern Public Service Co—
1st M s f 6s 1945 ser A
J&J

27

—

Roanoke

2

6sl951_J&J

104

10354

J&J

Serial deb 5s 1942-46

66

63

11154
10454

B '64. J&D
C 1968--J&J

Deb 5s 1958

Mtge

64 M
111

63

7.

Southwestern Power & Light—
Deb g 6s 2022 series A
M&S

19M

Sioux City (la) Serv

South

61M
61M

Telep—

1 st & ref M 3 Ms ser

Southwestern Light & Pow Co—
1st M 5s 1957 ser A
F&A

Somerset Lighting 5s 1939..F&A
Somerset Un & Middlessex Ltg—

100M

83
42

4

Southwestern Gas & Elec Co—

11154

94M

99 H
113

81
38

1st 4s series D 1960

104)4
to 96

71

93 54
102

99 M

—J&J
J&J

1st mtge 4s 1966Serial deb 3s to 1941

73
69

J&D
J&D

94 M
91

103 M

Southwestern Bell

112 = 32

Sioux City Gas & Elec Co—

76

1947-M&S

Southwestern Assoc Telep Co1st M 5s 1961.
A&O

Taiwan El Pow

A

ser

85 M

33

Power Co—

Conv deb 6s ser A 1932

27

Richmond (Ind) W W Corp—
1st M 5s 1957-M&N
b

s

Utah

Southwest Telep 6s B
1st 6s series O 1947

105

-A&O

1955
7s extended 1941
68

1st coll tr

1st M&col

Southern

S'west Nat Gas inc 6s 1966--A&O
S'west Pub Serv 6Ms 1937.-M&S

M&N

Rhine-Westphalia El Pr
Mtge g 7s 1950
Direct mtge 6s 1952
Con mtge 6s 1953
Cons

101

Sierra Pacific Power Co—

Republic Service Corp—
Rhine-Ruhr

1946 M&S
Shawinigan Water & Power Co—

/

Southwest Gas Co (Okla)—
1st s f 6s 1954
M&N

131

A&O

1st

106 M
101

«

M&S
M&S

1948

conv

103 M

70"

83 M

1st M 5Ms May 1, 1960._M&S
Va Pow5s 1956--F&A

Second Ave Trac—See Phila Co—

102 54

67

Southside

14

Seneca Power Corp 6s

1st & ref 5s 2037

10054

49

M&S

88

A&O
A&O

Non-cum 6s (ws) 1951

106"

12

Seattle Lighting Co—
1st 5s 1944

Public Service Co of Nor 111—

Public Service Elec & Gas Co—
1st & ref M 3 Ms 1968.
J&J

103

102

63

Seattle Gas 1st 5s 1954

125

Southern United Gas Co—

Seattle Elec-Seattle Everett
1st M g 5s 1939 opt 1914-.M&S

61

94

123

10-year coll s f 6s 1942—A&O

45

B1959

3sApr 1 1959

92 M

92

Gas—

113

A&O

Income

Union

1st & ref 5 Ms series 11945
1st & refine 5 Ms ser II'45

M&N

4s series

82

Serial debs4s Feb 1 1946--F&A

Southern

104

Scranton Trans ser A 5s'59_A&0

74

101

Southern Trac—See Phila Co

78
66

Eliz & Raritan Riv 5s '54.M&N

Public Service Co of Oklahoma—
1st mtge 4s ser A 1966
F&A

10554
10554

106

A...F&A

ser

104 M

91M
10054

Southern Neb Pow 5 Ms B'47 J&J
South N E Telep 1st 5s 1948.J&D

1st & ref 5s series B1961.F&A

Eliz Plainf & Cent Jersey Ry—
1st g 5s Dec 1, 1950-—J&J

Guar g 5s Marchl

109 M
101

Scranton Gas & Water Co—

98 M

104 M

(Calil
—-M

108 M
99 M

J&J /

6sMay 1 19o5

cons

Gas

Corp—
Adj mtge inc Jan 1 6s '60. A&O
1st M pipe line s f 4 Ms '51 A&O

Savannah Elec & Power Co—
1st & ref 4a 1947 ser D—Q-Jan
1st & ref M 5s ser F 1955.M&S

Counties

1st M 4Mb 1968

10054

Southern Natural Gas

Sandwich Windsor & Amherstb'g

105"

F&A f
1954
Public Gas &Ooke 5s 1952
J&D f 37
Public Service Co. of Colorado—
lit & ref 6s 1953 series A-M&S M?103M
1st & ref 5Ms '54 ser B__M&S x 103
1st & ref 6s ser O 1961--M&N V 104
Deb
6s
1946
M&N 3 101
97 M
Pub Ser of Indiana 6s 1952-F&A
Public Service Co of N H—
107
1st mtge 3Ms ser O 1960--F&A
107
1st mtge 3 Ms ser D '60--M&N
105
1st 3 Ms series E 1961
F&A
1st 3 Ms series F 1966
100M
J&D
Public Service Corp of N J—
147 M
Trust certs 6% perpet—M&N
102
Camden Sub 1st 5s 1946-J&J

Southern

100

J&J

6s 1947 series A

102

106
.A&O
St Louis Spring! & Peoria RR—
99
1st & ref gu g 5s '39 opt-.J&D
St Paul Gas Light—
113
Gen gold 5s 1944
M&S
110
Salmon Riv Pow gu 5s 1952 F&A
Salt River Val Water Users Assn
102
6s 1939-1943
F&A
102
San Angelo Telep 1st 5s 1958 F&A
105
San Antonio G & E 5s 1949.M&S
San Antonio Public Service—
*
119%
1st & ref 6s 1952 ser A
J&J
10354
1st mtge 4s 1963
A&O
b 10154
4% serial notes Apr 15 1939-48San Diego Consol Gas & Elec—
11054
1st mtge 4sMay 1 1965..M&N
104 M
San Diego Co Wat 6s A '62.M&S
San Francisco Bay Toll Bridge—
18
1st M sink fund 6Ms '57-M&N /
1
Debs f 7s 1942—
M&N /
San Joaquin Lt & Power Corp—
Unif & ref 6s 1952 ser B..M&S

Prussian Elec 6s 1954

1st & ref 4Mb 1980 ser E.J&J
1st & ref 4Mb 1981 ser F-a&O
1st mtge 3 Ms 1968
A&O

35"

1—'

g

99
104 M

San Jose Water Works

Providence Gas 4s ser B 1963 F&A
Provincial L H

1947
J&D
3-4Msserial notes 1939-43.J&J
St Joseph Water 4s A 1966-.A&0

1st

-

92 M

99
1950-M&N
97
Porto Rican Rys Ltd 5s 1962M&N
103
Porto Rico Telep 6s 1944—J&D
Postal Teleg & Cable 5s '53-J&J f
14M

F

1st mtge 4 Ms

43 M

Southern Colorado Power Co—

£

St Louis Co Gas 1st 5s 1951

Porto Rican Power 6s

Potomac Edison Co—
1st mtge 5s 1956 ser E
1st M 4Ms 1961 series

A&O
Safe Harbor Water Pow Corp—
1st mtge s f 4Ms 1979
J&D
Saguenay Elec 5 Ms A 1953..J&J
Saguenay Power 4 Ms A 1966 A&O
1st 4 Ms series B 1966
A&O
Serial notes 2M-4s to'46__ J&D

(ill)

105

Valley Telep 6s 1947-J&J 1102 M

Platte

Pomorania

Pt

103 M

MO C11J—T' I

A&O

42 M

A&O

1st lien & coll 5s 1958

..A&O

1948—M&N

Gen M 4 Ms May
1st s f 4s Oct 1945

Ask

Southern Cities Utilities Co—

Rochester & Syracuse RR—
1st M conv 5s ctfs 1957-M&N *-s
Rockford Elec Co 1st 5s '39-M&S
Rome (Ga) Ry & L 5s '46
Ruhr Gas Corp 6 Ms '53 A
Rumford Falls Pow—

Bid

Bonds

Ask

Bid

Bonds

Ask

Phila Suburban Water Co—

99 54
102M
89 M
3

M

100
103

91M
4

107M

110 H

108

]3T
20

42"
23

t Called Jan. 1, 1939, at 10254.

Canadian price,

w

b Basis,

Called Jan. 1 at 103M.

*

e

Called Jan. 3, 1939, at 102M-

Called Jan. 1 at 1.03.

y

/ This price includes accrued interest.

Called Jan. 1 at 104.

z

Called Jan. 1 at 101.

c-

78

'

PUBLIC

UTILITY

BONDS

NOTICE-—All bond prices ere "and interest" except where marked "f" end Income and defaulted bonds
Quotations for all securities ai;e as near as possible for the closing day of the month preceding the date of issue

Bid

Bonds
Third Avenue Ry (New \ork)—1st ref g 4s 1960 opt aft 14 J&J
Adl inc g 5s Jan I960 opt—A&O
Third Ave RR 1st 5s g 37.-J&J /
Union Ry 1st 5s g 1942.-F&A
Westchester El 1st Ss g 43-J&J
Yonkers Ry 1st 5s 1946--A&0
Tide Water Power 1st 5s '79-F&A
Toho Electric Power (Japan)-—
1st s f 7s 1955 ser A—M&S15

Tokyo Elec Light Oo (Japan)-—
1st g 6s 1953 series-—J&D15
Toledo Edison 3 Ms 1968
J&J

Ask

39 H

38k
7H
.

-

88k

90
69
50

45

50

87

87 k

73
54 M

—

7M

45"

55 M

106

S f deb 4s 1948J&J
Traction Term'l Oorp 5s *5 7.-J&J
Trenton G & El g 5s 1949__M&S
Trent'n Pass Ry 1st ext 6s 61A&0
Trenton St Ry ext 5s 1968--J&J
General 6s 1941..—J&D
Tri-Oounty Telep4h«B 56 A&O

104 M

59"

62

124 M

123M
60
40

10

103
1

Troy Oity Ry 1st cons 6s *42 A&O
Troy Gas Co 1st 5s 1939—M&N

100 M

_

50 k
58

Twin States Gas & Electric—1st 1 & ref 5M» 1945 Ser A.B

104 M

Tyrol Hydro-Elec Pow Co—1st Ms f 7Ms 1955
M
Guar

Ujigawa Elec Power (Japai^-—
1st Ms f 7s 1945
M&S15
Union Elec Co of Missouri-—
1st mtge & coll tr 3 ks 1962 J&J
3% notesJL942-—J&J
Union Elev RR—See N W Elev
Union Gas & El 1st ext 5s '40M&S
Union Gas Co. of Canada-—

26

27

—.

27

75k

81

108

108 M
102 M

101 k

100
97
97
101

102

_

.

_

59 M

61M

_

52

50

99"

Deb g. 6s 1975—
M&N
United Xt&Rys(Me)6s A'52 A&O
Deb 6s 1973
J&J
Un Lt Rys (Del) deb 5M8.52 F&A
United Pud Uitil Corp—Conv coll tr 6s A 1960
J&J
Conv colltr 5 Ms B 1960—J&j
United Rys Cos 4% ctfs *49.J&J
United Railways of Havana—

Eq 7 Ms Feb 15 1936
F&A
United Rys of St Louis—
Gen g 4s July 1 1934
J&J
City & Sub Pub Serv 5s '34.J&J
United Securities Oo—
-

102

104

5

117"

116M

84

.

101

103

103 k

104 M

75k

•

76M
i04k

104

73 M

74
114

U2H

82

00

86 M

CO
22

63

63

27 k

85
98 M

99 M

3M

20
93 M

Utah Power & Light Co—
Deb 6s May 1 2022
82
M&N
1st lien gen M 5s 1944—F&A
94 k
1st lien & gen M 4 Ms 1944.F&A
94 k
Utica Belt Line Street Ry—
M&N
1st 5s 1939--4M
Utica El L & P 1st 5s 1950—J&J
119
Utica G & El ref & ext 5s '57 J&J
123
Utica & Mohawk Valley Ry—
1st 4Mb 1941
M&S
2k
Utilities Power & Light Corp—
Deb g 5 Ms 1947
J&D f 66k
Deb 5s 1959
F&A
66 k
Utilities Public Service Co—Conv 6s 1933
J&D
6
Vermont Ltg Oorp 1st 5s'44 A&O
23
Vesten Elec Ry 7s 1947
J&D f 20
Virginia Electric & Power-—
1st & ref M 3 Ms B1968—M&S
108
Virginia Public Service Go—
1st & ref 5 Ms 1946 ser A—F&A
1st & ref 5s 1950 ser B—J&D
-

-

1°5H

Wabash Telephone—
1st M 4Ms A 1956
Washington Gas & El Co—
1st s f 5 Ms 1947
1st M 5 Ms 19531st

M

5s

1955

1st lien & ref 6s w w

5

Oo

1st & ref 6s ser O 1952—M&S
Deb b f 6s 1946
F&A

J&J

93k
83
94 k
94 k

102 k

106"

**

9M
lk

102

102 M

103

99

103 M

108 k

com

87

62 M
62

61k
95 M

21M

43 M

*
*
--*

*
Allegheny Traction—See Phila Co
—

80M

82

J&J

——

$7 preferred$7 second 2nd pref series
$0 cum pref

61M
45 M
106 k

54

Amer deprec

56"

53

107 k
82

110
83

1

107 M
107 k
106 k

100 k
99 M
108

42

45

50

55

53

58

19

23

102 M

100
117
87 M

90

89

6% preferred-

72

73

62
52 M

63 k
54 M

79

84

Cent Hud G & El

*

1

par

value,




t Called Jan. 3,

1939, at 104M«

& Basis.

14 k

58 M

9

9k
15M
1M
32 M

1

/ Flat price,

J*
10

50
17 M

17k
21

20k
106 M

107

%
3k

»

com....

116

*

,!»

1M
2k
17 k

26

27

6M
39 M

l\%
Ilk

k Last sale,

80

65

68

96
r

99
17

15k

1 k
7k

7
87 M

89

80
140
90
55c

82

150
_

32

109 M
67 M

M

14

110M

112M
.

110
68 M

60

63

28

29

75M

77 M
88 M

87

88k

90

72

76

90 M
83

91M
85

1M

lk

45

48

101
lk
,

102

lk
4

2M
100

104

lk
97

2

101

k
1

k
k

Cincinnati Gas & Elec 5% pf 100

8
k

103

Cincinnati Gas Transp

90

Cine New

95

100
& Cov Lt & Trac.-lOO

Preferred
100
Cincinnati Street Ry
50
Oincin & Suburb Bell Telep—50
-

MM

70c

31M
13 M

100
...--100
100

-

—-

75

2k
87

Cities Service com-....-...--10

7M

100
*
Preferred BB
——*
Cities Serv Pr & Lt $6 pref
*
$7 preferred-*

50 k

Preferred

Preferred B

6k
40 M
36

T"

65

1

50

64

4M
45
55

56

100
.•MM

—

mm

7k
51

4k
50
60 M
60

Citizens Traction—See Phila Co

n

Nominal,

r

Canadian price,

1

x

lk

Ex-dividend.

m,

3

90

Citizens''Pass By—See Phila R T

12k

Citizens Utilities com

♦No

40 M

lk
9k

Z8

Cent & 8 W Util com
-—50c
Preferred
*
Prior lieu preferred—
.*
Central States Edison
*
Central States Pow & L $7 pf--*
Cent Vermont Pub Serv 6% pf-*
Central West Oo. v t c._
.5
Chester Water Serv 6M % prefOhic Oity & Con com part ctfs—*
Pref partic ctfs..
*

A—♦
*

—

39

zx,

4M% preferred
100
Cent Illinois Light 4 M % pref-100
Cent 111 Pub Serv So pref---—-♦
Cent Indiana Gas 6M% pref-100
Cent Indiana Power 7% pref 100
Central Maine Pow $0 pref—-100
$7 preferred
100
Central N Y Power Corp—
5% preferred......-——100
Cent Ohio Lt & Pow 0% pf
*
Central Pow & Light 7% pref 100
0% preferred
.—100

Series 3
Series 4

—

5k
180
12 k

Chicago Rys partic ctfs ser 1—100

32 k
115

9

150
12

£1
£1

0%preferred-

Series 2

1st $6 preferred —-—American Light & Traction.

23
3

7M% A ord-.£l

Carolina Tel & Tel.............
Cent Arkan Pub 8erv Corp pf 100
Central Elec and Tel com--—-.1

3M

*

21M
2M
4k

Capital Transit (Wash, DO) 100
Carolina Pow & Light $7 pref --♦
$6 preferred*

19 M

*

37

lk

Canada Nor Pow com
Canadian Marconi

95

60 M

*
-.25
25
Amer Powex & Light com
♦
ll5"
$6 preferred*
86
$5 preferred-*
Amer Public Serv 7% pref—-100
88" American Service S3 preferred. _*
45

128

J104M

108

3k

:

34

35

dep rets 6M % pref
Oallf-Oregon Power Co—
6% preferred series of 1927 100
6% preferred
—100
Oalif Water Serv 6% pref-—-100

100 k

102

53

a!*

t c—25

Amer dep rec B ord

19k

Amer Gas & Power com..

43 M

107 %

130

52

*
20
♦

Amer

*

Warrants

$6 preferred--

123

98 M

129 k

♦

Ordinary shares

115
100

112.

Oable & Wireless Ltd-

*

50

Amer & Foreign Pow com
98

103 M

Cum income 6s (w s) 1952. J&D
Wuerttemberg (Germany)—See

106 M
106

23

103

100
-

67
62 M

21

*

104

93

106 H

61

-----

104

3M
167 M
122
45

43

Brooklyn
Blclyn Manhat Transit...
*
$6 preferred series A
*
Bklyn & Queens Transit com
*
$6 preferred
*
Bklyn Teleg & Mess'ger (gu).100
Brooklyn Union Gas
\——*
Buffalo Niagara & East Power—
$1.60 prior preferred
25
$5 1st pref
*

55

107 M

Ry

Class B

90

106

2H

100

-

Brockton Gas Light Co v

101M
105 k

102
59 k

109

♦

-

Bridgeport Gas Light
Bridgeport Hydraulic Co
Brit Col Pow Oorp A

23

1.75

21M

132

_ -

com
Brazilian Tr Lt & Pow ord-

63 M

50c

65

Boston Elevateds

106 M
105

103

...

4

115

167
120

Boston Edison Co

105

8

T5c*
li55

-25

-

--

61

32

96

Birmingham Elec $7 pref
*
$0 preferredBirmingham Gas $0 pref
*
Birmingham Wat Wks 6% pf-100
Blackstone Vai Gas & El pref. 100

88 M

31

94

Telephone* (Canada)
-100
Bell Telep of Pa 6M% pref —100
Beverly Gas & Elec.,
25

61

104 k
104 k

25M

28
29
6

-100
—100

Bell

77

61M

8k

251"

3

Beauharnois Power

v?4

Wisconsin Public Service Oorp—
1st mtge 4s 1961
.J&D
Wolverine Pow adj 4 Ms Mar 1 '59
Worcester St Ry 5s A 1947-J&D
Worcester Transit Association—
Cum Income 6s 1952—-.J&D

91M Allentown Beth Gas pref

5
9

8k
6M
8k

75

1st mtge 4s ser A 1966
J&D
4s serial deb June 1 1939-1946.

Alabama Water Service pref.

lk
4

4
...

96

F&A

—

1
1

3

com.

105

1st mtge 3 Ms 1966
A&O
Wisconsin Hydro-Elec Oo—
1st M 6s 1947
A&O
Wisconsin Michigan Power Co—
1st mtge 3 Ms 1961
J&J
Wisconsin Minn Light & Power—
1st & ref 5s 1944 opt '19--M&N
Gen & ref 7s 1947
J&J
1st & ref 8s 1944
M&N
Wisconsin Power & Light—

---

6

76

com

Bangor Hydro Elec
7% preferred
6% preferred

102

95 M

Gen 4-5s series A 1965
J&J
Gen inc 4-5s ser B 1965—J&J
Wise Elec Power 3 Ms 1968-A&0
Wise Fue I & Lt 1st 5s 1943..M&N
Wisconsin Gas & Electric—

$5 preferred

2k
87

74 M

Atlanta Gas Light 6% pref. .100
Atlantic City Elec $6 pref—
Bait Transit Co v t c
Preferred v t c
--..—100

Williamsport Water Co—

$6 preferred

2k

84 M

$4 preferred
Class A.

107

M&S
F&A
M&N

Amer Gas & Elec com

M&N

:

M&N

Alabama Power $7 pref

35 M

2k
2k

Option warrants
Assoc Telep Oo_Ltd $1.25 pf—
Assoc Telep & Teleg $6 pre!
ir
.100
|7 1st preferred.

PUBLIC UTILITY STKS.

55

1960-P&A

104 k

105k

Consol Hydro-Elec of
Wyoming Vail P S 6s 1971-A&0
Yadkin River Pow 1st 5s '41 A&O
Yonkers Ry—See Third Ave Ry
3M York (Pa) Gas 1st 5s 1941-M&N
York Haven Wat&P 1st 5s'51 J&D
67
York Rys 1st M * 5s '37opt.J&D
66 k
5s stamped 1947
J&D

24 M

4M

34 M

_

Original preferred
$4 preferred
$5 preferred
$0 preferred
S6M preferred-$7 preferred

123 M

Westphalia United El Pr (Germ)
1st M s f 6s 1953
J&J /
Wheeling (W Va) Electric Co—

1st M 5s Aug 1952 ser A

34

———

62 M

1st M 5s 1956 ser B
1st M 5s 1960 ser G_

3k

32
4

Associated Gas & Elec
Common class A

101k

102 k

1st M 5s 1941 opt
Wichita Water 6s 1949

110'
102 M

3

—10
Arkansas Pow & Lt $7 pref-—.
0% preferred..

75

M&N

f 6s 1952

5
14
83

109
100 M

-

...

65

101k

4*

6% preferred

6

97

F&A

Washington Gas Lt 5s '60—M&N
Refunding 5s 1958—J&J
Wash Ry & El g 4s 1951J&D
Anacost & Pot 5s 1949
A&O
1st guar 5s 1949
A&O
City & Sub 5s g 1948
F&A

112

.

62

Unterelbe Power & Light Co—
Sink fd M 6s 1953
—A&O
Utah Lt & Tr 1st 5s 1944 A—A&O

111k

Wilmington Ry Bridge—

62

J&D

Common

20 M
150k

Wi

-

6% preferred
5
Arkansas Nat Gas common—
Class A_

120

50

1st 5s 1943—
A&O
Winnipeg Elec 1st 4 Ms 1960 .J&J

00

20 M

48 M
105

111

Mut Un 6s ext at 5%to'4lK&N
Western United Gas & Elec Co

s

*

com—...

S6 1st preferred
Appalachian El Pow 7% pref —
6% preferred
Arizona Edison com vtc
Arizona Power $6
preferred.—
Arkansas Missouri Power—

100 M

119M
110k

Western N Y Utilities 5s '46. J&D
Western N Y Water Co—
1st M 5Ms 1950
——M&N
1st M 5s 1951—
-M&N
1st 6s series B 1950--—-J&J
Deb s f 6s extd 1950
M&N
Western Pow (Can) 6s 1949.-J&J
Western Pr Lt & Tel 6s 1948
Western Public Service Co—_
1st & ref 5Ms I960
F&A
Western States Util 6s A '45-A&O
Western Union Telegraph—_

73

A 1952—M&N

Con g 4 Ms 2004
—.
2004——
Unit Trac (Pgh)—See Phila

104 k

J&J

78M

77

Coll s f 5Ms ser B 1952—M&N
United Telep Del 6s A1948 A&O
United Tel & Tel 5Ms A '53-M&N
1st lien 6s ser B 1953
M&N
United Traction (Albany)

f 5Ms ser

47

4s 1948-1953
A&O
Western Cont Util 6s 1944--M&S
Western Lt & Telep 5s 1954.A&0
Western Mass Cos—

15-year
57

25

s

97
99 M

70

$I*

-..25

Wat Wks & Elec

l3S

19k
149k

.100

-

Westmoreland Wat 5s '52--J&D

51

23 M
23 M

Coll

99

1st 5Ms 1955 ser A—
J&D
1st 5s series B 1957---—-M&S
Western Utilities Corp—

89

6% preferred
ner

Fdg & RE M 4Mb g '50—M&N
25-year g 5s 1951
J&D
30-year 5s Mar 1 1960
WxS

_

com

Preferred $6 series
American Telep & Tel eg
Amer Utilities Service com

115

lk

12k
%

25

—

Superpower Corp

Ask

1

1

eom

First S6 preferred--—

3k % coup notes 1946—J&D

1939-42——J&D

Ms 1943-45
J&D
'1st 4 Ms 1950
J&D
Union Gas System—
1st M & coll s f 5s 1948—J&D
Union Passenger Railway—
1st 4s Mi it 31 1961
A&O
2d ext 4s Mar 31 I960--—A&O
Union Pub Serv (Del) 6s '39-J&D
Union Ry—See Third Ave Ry
Union Traction—See Phila R T
Union Water Service Co—
First lien 5 Ms *51 ser A.M&N
Union Water Wks Co—
1st lien 5 Ms 1942---M&S 15
Unit Elec Co of N J 4s 49—J&D
United Elec Rys (Providence)-Gen ref M 5s Jan 1951 ser A—
Gen ref M 4s Jan 1951 ser B-.
United Elec Serv (Italy)—
Extl 1st s f 7s 1956 ser A—J&D
United Gas & Fuel (Hamilton)—
1st s f 5Ms 1948
J&J
United Ilium Co New Haven—
1st 4s Feb 1 1940
F&A
United Light & Power Co—
Deb g 6Ms 1974
M&N
1st 1 & consol 5Ms 1959—A&O
1st serial 4

Utility

Preferred
Amer

8k
8k

8

1st M 5s 1957 ser A
—A&O
West Virginia Ohio River

Gen mtge 3 Ms gtd 1967
Westchester Serv Oorp—

Bid

Bonds

102 k
107

8

Bridge 3M-6 Ms, 1960
J&J
West va Water Service—
1st mtge 4s 1961
A&O
Westchester Elec—See 3d Ave Ry
Westchester Lt 1st g 5s *50--J&D

106

^

_

1st serial 4s

101 h
105 k

„

/

-F&A /

f 7s 1952

s

51k

Ask
Amer States

1st ext 3 Ms 1956
-A&O
2d extended 5Ms 1956—M&N
West Texas Utilities Co—

100 k

2d 6s 1939
____F&A
Twin Oity Rapid Transit Co—1st lien & ref 5 M s A 1952J&D
1st lien & ref 5Ms B 1951--J&J

Bid

Bonds
Washington Water Power Co—
1st ref 5s 1939 op.-.
...J&J
1st & gen 5s 1960
J&J
Waterloo Ced Falls & No Ry—
1st Ms fg 6s 1940
-J&J
Certificates of deposit
Waukesha Gas & Electric Co—
1st
5s
1959
J&J
West Canadian Hydro-Elec—
1st 6s ser A 1950
J&J
Conv deb 6Ms 1945
J&J
West Coast Telep 5s A 1953.J&J
West End St Ry—See Boston El
West End Trac—See Phila Co
West Ohio Gas 6s A 1954—J&D
West Penn Elec deb 5s 2030-A&O
West Penn Power—
1st M 5s 1963 series E.
M&S
1st M 3 Ms ser 11966
J&J
West Penn Tr 1st 5s I960—J&D
West Phila Pass Ry—

2

/

PUBLIC

JAN., 1939]

UTILITY STOCKS

79

,

'

Quotation* for all securities are at near a*

Par

Stocks
Citizens Water Oo of Wash

Bid

(Pa£

7% preferred---.
100
iref
100
City Water Oo (Ohat)pr
City Water (New Castle) pref .100
Clear Springs Water pref.—....*
igs
..

Cleve Elec Ilium common

105

3634
110

21

10634
734
7434

108

7.34
76
54

5234

11034

112

107

109

Commonwealth Edison Co....25
Commonwealth Gas
.......1

27 34
1

Commonwealth & Sou Oorp com *
Optional warrants

134
154
X
4654

134
%

$6 preferred
*
Commonwealth Water 8c light—
6% preferred

45 h
95

n

95

—

31

2754
%

2834

53
115

-

54
55
118

4434

4634

34
454
334

6*
4*
72

70
116

*

10154

—

3154
102
....

"54

com

Cons Trac of N J—See P S Oorp
Cons Trac (Pittsb)—See Phila Co
Consumers Gas (Reading)....25
Consumers Gas (Toronto)
—100

28

26
179

Consumers Power $5 pref......*

9954
9434

*

179 54
100 X

95

Continental Gas & Electric—

100

83

8134

Continen Pass Ry—See Phila R T
Crescent Public Service com——1

Cumberland Gas com v t c...—1
Cumberland Co (Maine)
Power & Lt 6% pref-——.100
634% preferred
100
Dallas Power 8c Light 7 % pref 100

134

40
1

104
98
116 34
113
25
107 34
34
9 34
37

*

Danbury & Bethel G & E pf—.25
Dayton Pow 8c Lt 4 34 % pref.100
Denver Tramway com
*
100

*

Detroit 8c Canada Tunnel

10134
11234

East CoastPublic Service vtc.

6% preferred
100
434% prior preferred
100
Ry com
100
6% 1st pref stamped
100
6 % prer B stock...
100
5% adjustment stock...
100
East Shore Pub Serv 6 34 % pf 100
6% preferred......
100
Eastern States Corp com
*
$7 preferred series A
*
$6 preferred series B
*

Eastern Mass St

...—

Gas

Eastern Util Assoc com

Conv stock

Electric Bond & Share—

...

*
*
*

5

$6 preferred
—..*
$5 preferred—
*
Elec Power Association
1
Class A full paid
—1
Elec Power & Light Corp
*
$7 preferred
*
$6 preferred
*
2d pref series A.
*
Optional warrants
El Paso Electric Co (Del) —
Preferred series A 7%
100
Paso Nat Gas com

28

110
1

jy*

40

15

3 34
n

120

68

15c
8
4

434
130

1234

12 34

24
1

2534
134

65

70

19
334
73
68
134
18
1734

2234

3

22
2 34

1134
6434
58
254
2
11
38 34
32 k
24
434

75
70

IX
19

1834
434
23

334
nx
6534
59 h
234
2k
Ilk
38 h
3334
26

534

90
29

109
50

Elizabethtown Water Cons—.100
Eliz Consolidated Gas
100

97
190

Empire & Bay State Tel (gu) 100
Empire District Elec 6% pf—100
Empire Gas & Fuel Co pf 8%.106
Preferred 7%
100
634% preferred
100
6% preferred
100

43
52

Preferred

45

52

23

26

Gen Telep

—

Allied

—

—

—

2934

63
63
62
62

81
20

6734

'

1934
534
28

26
96

5534

54

9834
108

110

107 34
62
8

60
6

12

11
18

i00

99

10234

10334

3

4

7^

58*

7 54
19
Dec.
7
64

10ft

100
*
*
*
1

*
*

$3.50 prior preferred

63

Warrants series of 1940
Interstate Natural Gas....,

77

*

pref $7

*
—

Iowa Ei Lt & Pow 6% pref. .100

Z\y
77

pref—100

21*
934
934
7
%

n%y*

100

48

52

25

11

12

15
*
50

13 34
81
H

84 H

15

25

8
„

J*

1054
39

22^4

25
5

434
2J4
1034

nKX
434
12

23

25

54
62

56
64

10234

*

94

9434
9634
354

*
...15

Common............
pref. .100

1334

14

o

i*

30

33

23

26

36

0034
38

Preferred
100
Jamaica Water Supp 734 % pf—50
Jersey Cent Pow & Lt 7% pf-100

6% preferred
534% preferred

100
100

k Last sale,

n

3

Amer d ep rets for ord shs

8

834
6

554

f1

pref.IOO

72

73

76
75

"734

~8~"

Marion

(Ohio) Water 7 %

2

134
34

*

$2 Preferred

*

19

*

h

4

$6 conv preferred series A——*
Midland United com...
*
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
Mississippi Power $6 pref
*
$7 preferred
*
Miss Power & Light 6% pref—*]
Mississippi Riv Pow 6% pref.IOO
Mississippi Valley Util Inv
*
iVjissouri Pow & Lt $6 pref
*
*

Monongahela L & P—See PhilaOo
Monongahela St Ry—See PhilaOo
Monongahela Val Water 7% pfd.
Monon-West Penn P S 7% pref 25
Montana Dakota Utilities com. 10

—100
100
.*

6% preferred
Montana Power 6% pref..

128

129

54

20
—

2

—

—

234
29

27

354
65

68

62

6434
85
94

80
92

10434
107
M

—

—

10534
-

-

—

—

34

—

5

8

59

61

8534

k

x
34
34
73
60
66

1®*
99*
254

95

2534

54*
63

9934

—.40

58*
7034
454

Mountain States Power—

100

35
121
9

7% preferred

conv

preferred

100
1
50

—

National Gas & Elec com..— 10
National Power 8c Light-com—
$6 preferred
Nebraska Power 7% 1st pref 100
6% preferred..—....—.
100
Nevada-Calif Electric com..—100
100

Preferred

Newark Consolidated Gas..—100
New Bedford Gas 8c Edison Lt.25

334
834
70
103
100
4
44

14134
40
10

12

New Eng Pow Assn com—-.*

1234

13

6% preferred—————100
$2 preferred..
New England Pow Oo $6 pref.IOO
New England Pub Ser com.
$7 prior preferred—
*
7 preferred..
6 preferred..........
$6 prior pref
.......
New England Tel 8c Tel
100
New Haven Water
50
New Jersey Pow & Lt $6 pref—*
New Jersey Water pref
100

57
16

ii*

*

$534 preferred stamped

New Mexico Gas

5

com..

6% preferred

-—50

6834

r

1234
38

New Eng Gas 8c Elec Assn—

SZ*
78

Nominal,

354

Montreal Tramways com
100
Supply.......10

Montreal Telegraph
Mountain Fuel

56

7634
6754

*

........

6% preferred.
—.100
Italian Superpower common A..*
Jamaica Pub Service Ltd—
...»

t Being liquidated: final dividend paid,

22

$3

k

32

*

634% preferred

18

Iowa Southern Util 7%

-25

20

Nassau & Suffolk 7% pref
National City Lines com

1

....

934
6834

.....

92

25

78

Mountain States Tel 8c Tel. .100

2%

15

—

$/ preferred

88

Montreal L H 8c Pow Cons.

834

754
18

Intern at Power Securities com..*

7% preferred
Iowa Power & Lt 7%
Iowa Pub Serv $6 pref

25

5% preferred

1

Warrants...
Internet Ocean Teleg (guar)..100
International Power Co
*
1st preferred
100

Class B

94

74

Missouri Pub Service com

$6 preferred
*
Investors Telephone com.......*
Iowa Electric 634s pref
100




354
1854
534

105

$1.75 preferred

Fall River Elec Light
Fall River Gas Works

110
4

100

6334
6334

~7k

115

6% preferred.
..100
Indiana Hydro Elec 7% pref. 100
Indiana Service Oo 6% pref—100
7% preferred
..100
Indiana Telephone Corp
4-100
Indianapolis Power 8c Light—
6% preferred
.—.100
634% preferred
..100
Indianapolis Ry Co v t c
..100
Interboro Rapid Transit.....100
Internet Hydro-El Syst A.
25
Conv pref $3.50 series
50

Foreign share ctfa

European Elec class A....
10
654
Option warrants.
%
Fairm't Pk & Hadd Pass Ry—See Phila R T

100
112
107

Indiana &

International Utilities A

207

1X
554

£*

$6 preferred..
..50
Illinois Water Serv 6% pref—100
illuminating Shares class A
~
Indiana Assoc Telep $6 pref

57

44

91

100

Middle West Utilities

207

50

—

Warrants

48

Illinois Power 8c Light—

69

Without par value,

7

...

2234

*

*>34
33

100
100
100

68

Federal Power 8c Light com

10c

-.100

20h

Federal Light 8c Tr com
Preferred ($6)

46

113 34

Internet Teleg of Me (gu)

—

41

25

Mass Utilities Associates v t c—1
5% conv partic preferred---60
234 Memphis Natural Gas.
5
63
Memphis Power 8c Light $7 pf.
33
$6 preferred
49
Metropolitan Edison Co—
40c
$5 cum preferred
*
34
$6 preferred series O—...—*
7
$6 prior preferred
;
*
35
7% prior preferred
*
834 Mexican Northern Ry com—100
Preferred
—..—...100
1634 Michigan Gas 8c Eleo—
115
7 % prior preferred
.....100
834 Middle West Corp com..
5

2

50
.100

Michigan Elec—
7% preferred
Indiana General Service—

—

100
25

X

1534

5% conv preferred
Arrears certificates

»

12

100

Warrants

39

Houston Lt & Power $6 pref
Houston Natural Gas com—..

common

1654

54

Common without warrants

834

r

$6 preferred
*
Empire TelepL one com
•
6% Preferred
25
Engineers Pub Serv com.......1
$5 cumulative preferred
*
$5)4 pref (with warrants)/—*
$6 preferred
.—..——.*
Essex Company——.—...50
100

95

31
33

3234
634

Havana Elec & Util $5 pref
*
Haverhill Elec Co
25
Haverhill Gas Light
—25
Hestonville M & F—8ee PhilaRT

5% non-cum preferred
Huntington Water 7% pref
Idaho Power 7% pref
6% 1st preferred

115

2254

Marion Reserve Pow $5 pref
*
Market St Ry (San Francisco)
6% preferred
100
6 % prior preferred
100
Mass Power & Light Associat'n—
Common with warrants
*

104

92
30

Empire Power Oorp partic stk—*

Essex & Hudson Gas

69

75
102

.1
100

International Telep & Teleg

63

82 34
25

31

Hudson County Gas
Hudson & Manhattan

92

.100

Manhattan Railway 7% guar 100
Modified 5% guar
100
Marcon Int Marine Commuh'y—

70

61

—

27

2154
9034
1634

100

—

934
134

1

Lynn Gas & Elec Co
Mackay Companies 4% pref. .100

*

com

—

Maiden Electric Co

Dec

6634

I—25
25

Ry
6% preferred

9

*

$7 preferred.

87

Hartford Electric Light....—25

Havana Elec

-

26

Luzerne Co Gas & El $6 pref. 100

Harrisburg Bridge
Harrisburg Rys common...—.50
com

12

Maiden & Melrose Gas Lt

Interstate Power

9
66 34
6834
73
60

29

47

Units

63

99

Preferred
Lowell Electric Light

3034
7734
6324

25

vtc

cl A

6% preferred.

554

International Ry vtc

60

Louisville Railway Co

27

*
100

common

51

com

6
85

54

2054

*

Long Island Lighting com
*
7 % preferred A
100
6% preferred B
100
Louisiana Power & Light $6 pf-*
Louisv Gas & Elec

43

79
40
102
5
74

100

96

Oorp $6 pref.

$3 preferred
*
Georgia Power $6 preferred
*
$5 preferred
*
Germantown Pass-—See PhilaRT
Gloucester Elec Lt Co
25
Gold & Stock Telep (guar). —100
Green 8c Coates—See Phila R T
Green Mt Pow Corp $6 pref— *
Greenwich Gas $1.25 pref—...*
Greenwich Wat & Gas 6% pf-100
Gulf Natural Gas..
*
Gulf Power $6 preferred
*
Gulf States IJ til $6 pref
*
$5.50 preferred
*
Hackensack Water
25

Hamilton Gas

14

72
31

1934

25

65
16

_34

Gen Telep Tri Corp——.—.20
Gen Wat Gas 8c Elec com A
1

Hamilton Bridge..
Preferred

46

1534
4934

—

43

109

11

.100

Lone Star Gas Corp

20
—

5% preferred

referred..

134

IX

$3 conv preferred

Illinois Iowa Power

1X

3

Preferred

48

Holyoke Water Power.

113'

6c
5
2

50
50

7%

44

Preferred

100

Ei

Eliz & Trenton RR com

45

39
42

W arrants

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
Laclede Gas Light
lftO

Lexington Util 634% pref
25
Lexington Wat Serv 7% nref.100
Light & Pow Securities Co
*

39

*

105

40

—

107
89
100

103
106
69
29
42
3
70
52

*
Light—
6% preferred...
—.100
7% preferred
—..100
Kentucky Utilities 6% pref.. 100

115

105
86
95

6% pref—.—.*

Lawrence Gas & Elec Lt

$7 preferred...
*
$8 preferred
.————. ~
Gen Italian Edison Elec Corp—
Amer shs for ordinary stock..
Gen Public Service Corp
__*

Hartford Gas
Preferred

„>

1

East Middlesex Street Ry——100
Eastern Gas 8c Fuel Assoc's com *

States

106
101

65

Duquesne Nat Gas common....*
$4 preferred
*
$5 preferred
*
Duquesne Light—See Phila Oo—

Eastern

"I h

14

Detroit City Gas 6% pref——100
Detroit Edison
100
Duke Power
100
Duluth Superior Transit com —*

Ay*

*
*

$6 preferred

11334

42

4034

—.♦

$6 cum conv pref ser A
$6 conv pref ser B

7% pref class A—
1

100

Preferred

Wy*

55

(Pgh) pref.... 50

Darby Gas & Elec $7 pref..

88

il*

3134

6% preferred-

1234
8734

*

Cons Edison Oo of N Y com....*

Cuban Telephone pref

354

*
5% preferred—..—.....100

*

_

7% prior preferred

234

Gen Gas & Elec (Del) com A..*

5 %_preferred
Gen Telephone Corp com

preferred—
100
onsol Elec & Gas $6 pref......*
Cons Gas E L & P (Bait).—.*
5% preferred series A
.100

$4.60 preferred

29

~254

Gatineau Power com.—...

103
109

108

*

7% preferred

25c

10c

Kansas Power &

"254

General Pub Util common

Connecticut Power.
.—.25
Connecticut Ry & Lighting... 100

....

6754

*

IGas Utilities Co

51

34

12154

100

.....

6% pref
100
7% preferred———..100
Kansas Gas 8c Elec 7% pref.. 100
Kansas Power Oo

66

39

—

120

Kansas Elec Pow

2154

w*

7

—

Ask

6% preferred..

115
48
37

M

Bid

44

10

-

$5 preferred

—

29

-

Consolidated Gas Utilities

—

1234

-100
Community Pub Ser com... ..25
Community Water Uerv com
1
7% preferred..
*
Concord Elec Co 6% pref
100
Common...-.
__.._.*
Conn Gas & Coke Sec pref
*
Common
..—*
Connecticut Light & Power
*
534 % preferred
.100

Consol Gas Oo

—

28*
20

98
Foreign Light 8c Power units
Frankf'd & S'thwark—see Phila R T
25
Franklin Telegraph (guar).._ 100
2
Gandy Bridge common..—..—*
133
Gardner Elec Light common. 100
104
Preferred
100
334
Gary Elec & Gas common
*
Gas & Elec of Bergen County.100

5% prior preferred.
n

7% preferred—
.....—*
Community Pow & Lt com.....*

Par

Kansas City Power 8c Light—
1st pref $6 series B
....*
Kansas City Pub Serv
*

85

65

5% preferred
100
5% conv preferred
100
Columbus & Southern Ohio Elec
6% preferred A
-.100
634% preferred B.........100

-

Florida Power Corp 7 % pref—100
Preferred $50 par
,—.—
Florida Power 8c Lt $7 pref
*

38

19

.100

Coast Oo Qas & El 1st pref—100
Oolum G & El Corp (Del) com..*
6 % preferred series A
100

Stocks

134

i7k
1834
19*

60

11234

preceding the date of Issue

Ask

Bid

$6 preferred
*
$6)4 preferred
.—._..*
$7 preferred
*
Fitchburg Gas 8c Elec Light..50

101
—

Par

Fed St & Pleasant Val—See Phila Oo.
Federal Water Service com A..*
IX

101

*

First preferred 6%

Stocks

Ask

103

...*

$4.60 preferred
Cleveland Railway

possible for tbe closing day of the month

Canadian price,

x

Ex-dividend.

134

134
32
9
8
30
105
71
97
96
3

3634

zW
954
32
107
73

9834
100

4

3734

80

PUBLIC
Quotations for all securities
Par

Bid

7

8

—*
-100

96

97

93

New Rochelle Water 7% pref 100
N Y Mutual Telegraph (guar) _ .25

13

96
17

as

Stocks
New Orleans Pub. Serv com

7% preferred
Newport Elec 6% pref

N Y City Omnibus

.

Option warrants
N Y Pow & Lt Corp $0

7%

100

preferred

NY & Queens El L & Pow—
Common

5%

*

28

14

North Amer Edison $6 pref

*

—---1

$6 preferred
*
North Amer Utility Securities—*
North Boston Ltg Prop com----*
100

Preferred

North

Texas

Co

1/4
22%
56%

--50

North Amer Light & Pow.

&6

1%
61%
%

$4 preferred

6

46

12%

14%

25

3 (Mass) St Ry Cos pf 100
Standard Gas

3

30
5

Rf)

3

5

17

20

4

5

52%

45
82

87

89

72

39

Northern N Y Util 7% pref—100
Nor States Power (Del) cl A -100

98

7% preferred
100
6% preferred
100
(Minn) $5 series cum pref-—-*
Northwest Electric 7 % pref—100
North West Util 7% pref-—--100
7% prior lien
100
N'western Pub Serv 6% pref_100
7% preferred
100
Northwestern Telegraph (guar)
NY PA NJ Utilities $3 pref

52%
102

*
*
*
Ohio Elec Power 6% pref
100
7% preferred
100
Ohio Power 6% pref
100
Ohio Public Service 5% pref-100
5 % % 1st preferred
—100
6% preferred
100
7% preferred
100
Ohio Service Holding com
1
5% preferred
————6
Ohio Valley Gas com
1
$7 preferred

*

com

Oklahoma Gas & Elec 7 % pref 100

14%

'

99%
106

112

115

88%
95%
101%
108

36

%
27%
105

%

12%

Av'
107
102

85
110
49

103

30
105

91

93

29%

33

32%

50

40

150
130

*

152%

114%
103%

116%

133

104
52

1HM

120

36

39

16%
14%

19

105

106

65

78

15%

4

Preferred

-—100

98

25

15

1st preferred
1st preferred

25

29%

Pacific

(6%)
(5% %)

25
--25

32

Lighting Corp com-—.-*

102
17

42

Preferred

($6)

*
100

Pacific Pow & Lt 7% pref
Pacific Public Service—
Common
1st preferred
Pacific Telep & Teleg

*

*
--100
6%
preferred
100
Paterson & Passaic Gas & El—100
Pecos Valley Pow & Lt com
*
Peninsular Telep Co com
*
Preferred
100
Penn-Ohio Edison—
Warrants.
Warrants B
_

—-

-

W»

107 %

67%

29%
32%
29%
43%
108

69%

5%

6%
20%
121

7%
21%
121%
148%

32

Pennsylvania Edison Co—
82.80 preferred-$5 preferred
Pennsylvania Gas common
Penna Gas & Elec Corp 87 pref—
Class A

%

5

com._

10%
29
50

30
51

11

-

...

Pennsylvania Water & Pow
Preferred

~

People's G L & O (Chic)
Peoples Light & Power Co A

100
1

14

31

Pennsylvania Power $5 pref
Pennsylvania Pow & Lt $7 pref.
$6 preferred
$5
preferred
Pennsylvania State Water, pref.
Pennsylvania Telep 6% pf
100

34

3%
101%
97%

3%
102%
98%

Common class B

1

106

15%

38%
1%
1%

Southeastern Pow & Lt

69

Southern & Atlantic

68

72

-

—

—

-

M

6%

4%
5

O
A

5% % preferred series O
6% preferred series B—

7

10

Southern Canada Power
Southern Col Pow com A

117%
-

-

Preferred
Southern Indiana G & E—

4.80%

13

cum

32%

B

preferred

25
25
*

..25
--100

100

3%

120

*

8% preferred

25

7% preferred

30%

at

n

Nominal,

preferred—

r

15"

2%
2%
30%
72

73%
82

1%
30c
20c
9

9%
55%

%6
%

14"
6%

42

24

105
635
115

*

-.100

100

88
102

89%
124
115

»

6%% preferred

1

75c

25
*

*

100
lOO

12%
12

Wolverine Power Co

29
6

23%
108%
108%
93
100

109

-

96%

*

1.80

100

7% preferred
100
Wisconsin Pub Ser Corp 7 % pflOO
6%% preferred
100
Wisconsin Telep 7% pref-.--.100

2

23%

*
*

Wise Elec Pow 6% pref
100
Wise Hydro-Elec 6% pref
Wisconsin Pow & Lt 6% pref-100

145

5c
7
84

100

Class B

93%
9%
4%

85

*

Western N Y Water pref
*
Western Union Telegraph-100
Western United Gas & Electric—
6% preferred
100

2

2

9

106%
45

78%
82%
102
99

118

15"

x

5

1

Worcester Trans Assoc
*
York (Pa) Railways pref
50
York Water Co
.———25

11

Canadian price,

108

100

8*

7

ill*

100

cum

46

12

k Last sale,

cum

42

1%
11*

77

100

Preferred
Western Massachusetts Cos

10c

28

105.

com

Ry Sc El

Wheeling Elec 6% pref
Williamsport Water pref
Winnipeg Elec class A

25

10

1

*

Wheeling Bridge.

143

40

pref.1.1100

32

100

3%
34

36

31%
21%
1%
1%

4

8

4%

50

100

Water Serv 6% pref
Western Lt & Tel com

.

92%
8%

6

100
West Phila Pass—See Phila R T
West Texas Utilities $0 pref
*
West Va Ohio River
Bridge—
Common
*

23%
24%
27%
27%
28%
41% Dec 21

Southwest Nat Gas $6 pref

t Called Jan. 1

87%

%

*

114,%
12%

114

Preferred

common

Southern New Eng Telep
Southern Union Gas com

pref

cum

Westmoreland Water pref-.

Southern Nat Gas class A com..*
Class

117%
30%

——

6% preferred series A
Southern Calif Water pref

5

--

Original preferred

25
25
25

3%
26

46%

j

Preferred

12"

91

1

preferredWest Penn Power 7
% pref
6% preferred

Southern Calif Gas Co—

55

32

Teleg (gu) .25

common.-

Wast Va
2c

102

105

*

7%
6%

16

107

warr.....

South Calif Edison common—25

3

115%

*

109%

*

West Penn Elec Co class A-—.

100
100

6% preferred
7% preferred

1%
27

Washington Wat Pow 6% pref--*

~

/o

So Jer G El & Tr—See P S Corp
Southwest Cons Gas Util com—1
Southwest Gas (Okla) 7% pref 100




«.

Southeastern Gas & Water A—*

10%

1

66%
43%

Without par value,

-

63

1

35^

?0H

1

Preferred

21

3%

"3%

5c
11

*

Preferred

64

85%

97

2%
81%

100

Wash Gas & Elec 7%

South Pittsburgh Water—

&
42

Monongahela Lt & Pow
50
Monongahela St Ry
50
Phila & Darby—See Phila R T
Phila & Grays—See Phila R T
Philadelphia Elec Co com
—*
$5 preferred
*
Phila Elec Power 8% pref
25

20%
97%

60

38%

*

"*

Wash (D O)
r

61

75

Philadelphia Co com
$5 preferred
6% cum preferred
#6 cum pref
Allegheny Traction

Citizens Traction
50
Consolidated Trac pref
50
Duquesne Light 5% 1st pref 100
Federal St & Pleasant Val
25

2

South Carolina Power 6% pref..*

112%

66

-60

3

1

$4 preferred
60
Sou Carolina El & Gas 7 % pf. -100

72%

99

*

%
8

2

68

63 K

Virginia Pub Serv 7% pref—.100
6% preferred
100
Washington (D O) Gas Light _.*

1

%
%
6

94%

91%

Peoria Water Works 7% pref. 100
Phila City Pass—See Phila R T

50
*

19%

South

111

~1

Utilities Stock & Bond
Corp
Virginia Electric & Power—
$6 preferred

113

86

25

._*

7%

115

100

Sioux City Gas & El $7 pref.-100
Amer Utilities com
50c

"III"*

Class B

104

94

Peoples Water & Gas $6 pref—100

-

Non-voting

81

105

Common
-

119

92

Scrip
Preferred

118

Sierra Pac Elec 6% pref-----100
Sierra Pacific Pow common
*
Preferred

*

$6 preferred
$7 preferred
Utilities Power & Lt cl A

109%

*

common

$5 preferred
100
2d $5 preferred
*
Second Ave RR Cop (NY)
*
2d & 3d Sts Ry—See Phila R T
Shawlnigan Water & Power
*
Shenango Valley Water pref. .100

36%
113
70

%

United Tel & Elec
6% pref. 11165

107%

1st

1%
103

84

_

*

1st pref

cum

_

A

7% preferred
Utah Power & Light—'

50

18

98

75

68%
3%

Script

109

7% preferred

com

_

common.---.-.-$2.75 preferred
$3 preferred

iW*
73

84

112

.

9%
68

%

ry

*

Class B

134

Seattle Gas

31

90

104%

*

1

10""

5
30

102

114

-

116%

103

100%
88%

1

1

com

United Light & Ry
6% pref... 100
6.36% preferred
100
7% preferred
100
United Public Service
Corp..
1
United Pub Util com A---.--._-*

60

102

9

I

United Lt & Pr
Common B

6%

32

100
Savannah El & Pow 6% pref. 100
7% preferred
100
8% preferred
100
Scranton Electric $6 pref
*
Scranton-Spring Brook
Water Service 6% pref
*
Scranton Transit common
_.l

136

Corp

.

%6

*
San Antonio Pub Serv 8% pf-100
San Diego Cons Gas & Electric—

5

147

50

United Gas Improvement.
*
$5 preferred
United 111 Co of New Haven—-I*

70

7% preferred

-

Penn Western Gas & El

St Louis Pub Serv common

7% preferred
100
Union Electric Co of
Missouri—
5% preferred
*
Union Gas (Canada)
>
Union Gas System com
;
10

Warrants

6% preferred series C
J 00
6% preferred series D
100
5% preferred series E
100
Roch Telep $6% pref
10U
Rockland Light & Power
10
St Joseph Ry Lt & Pr 5% pf
100
St Joseph Water 6% pref
100
St Louis County Water pref.-100

Pacific & Atlantic Tel (gu)
Pacific Gas & Electric

*

$7 pref series A

Rochester Gas & Electric—

77

pref 100

Warrants
II
United Gas & Elec
(Conn) com.*
7% preferred
100
United Gas & El (N J)
5% pf.100

3%

30

9%
%
3%
22%

_

3%

5o

8% conv preferred A
100
Oregon Wasn Water pref
*
Ottawa Light Heat & Pow—100

17%

Twin States Gas
Twin City Rapid £E1 7%
Transit

United Gas

Rio Grande Valley Gas v t C----1
Riverside Traction.
50
Preferred
50

17

*

*

Bedford)..100

Ridge Ave Pass—SeePhiia K T
%

*

*

.

pref-.IlOO

Union Traction—See Phila R T
United Corp
*
$3 cum preferred
--_.il "~*

16

.

Class A

7% preferred
Texas Power & Lt
7%
6% preferred
Third Avenue

II

*

Union Pass—See Phila R T
Union St Ry (New

93

101

99

representing com.
Rhode Isld Pub Serv $2 pref 27 %

102

preferred
100
lat preferred
(6%).
100
5% cum 1st preferred
100
Terre Haute Elec
6% pref
100
Jexas Electric
Ry
...100
Texas Elec Service $6
pref
*
Texas Gas Util com

Preferred

91"

Amer shares

42

,100

100
100
100

*

_

II100
1st pref (7%)_100

Ry (N Y)
100
13th & 15th Sts—See
Phila R T
Tidewater Power 6%
pref
*
Toledo-Edison
jpref A 7%
100
6% preferred
100
5%
preferred
100

105

48

Rapid Transit Ry—See P 8 Corp
Republic Nat Gas com
1
Rhine-Westphalia Elec Pow—

12%

100

Texas Power Corp common

7%

Industrial Stocks.

106%

preferred

—

12%

*

-

conv

Texas Hydro Electric—
$3.50 preferred

115

49

36

Omaha & Council Bluffs Railway
6 Bridge 4% cum pref
xOO

102

108

120

96

94

i%

100

Rapid Transit St Ry Co
100
So Jersey Gas & Elec Trac.-100
Public Serv of Okla 6% pref.-100
7% preferred
100
Public Serv El & G $5 pref
*
Puget Sound Pr & Lt $6 pref
*
$5 prior preferred
*
Quebec Power common
*
ueens Borough G & E 6% pf 100
,adio Corp of America—See

88

113%
37%

2ip

96

*

TevowSeie El P
7.2 % 1st

115

Consolidated Trac of N J.-100

108

92

Omnibus Corp v t c

20%
4%
1%

28

23

99%

B

Amer Elec 5%
pref.500 Fes
Tacoma Ry & Pow Co
*

5%

-

y

99%

32

107

-

91

8% preferred
7% preferred
6% preferred
$5 preferred

70

68

-

86

18

Tampa Elec Co
7% preferred.

*

Public Serv Corp of N J

62

-

42

1

Tacony-Paimyra Bridge^

23

18
112

*

*

Swiss

2%

*

$5 preferred

40

100

,6% conv prior preferred

20

31

2%

6% Dreferred.
100
Public Serv of Ind $7 prior pref.
$6 preferred
Public Serv Co of N H $6 pref--*

65

-15

$3 preferred--

12

57%
54%
102%

12%

100

Okla Nat Gas Corp com

17

pd)

;

prior pref.
& Lt com

Preferred
II
Suburban Rapid Transit St
Ry.50
Superior Wat Lt & Pow 7% pflOO

31

Providence Gas
*
Public Elec Light 6% pref
100
Public Serv of Colo 7% pref--100

61

50

Ohio Edison $6 pref

6% preferred

11%
■55%

27
27

100
7% prior preferred
100
Portland Gas & Coke 7% pref 100
Portland Gas Light
50
Postal Teleg & Cable 7% pref 100
Potomac Edison Co 6% pref
100
7% preferred
100
Potomac Elec Pow 6% pref
100
5%%
100
preferred
Power Corp of Canada com.---*

%

70

50

cum

Class

33

Plain field Union Water
Portland Elec Pow 6% pref

5

25

Northern Liberties Gas

27

*

com

§4 cum preferred

86

8

7%

50

& Elec
prior pref

cum

Standard Pow

Pittsburgh Suburban Water—
$5.50 preferred
100

1%
62%

81

50

$7

11

8

Traction ($17% pd).
Phila Pass guar
50
Phila Suburban Wat 6% pf—_100
Phila Traction—See Phila R '

23

100
-100
——-100

Ohio Water Service A

42

Preferred
*
So'western States Tel com
__I*
LJity Water 6% pf 100
Springfield Gas & Elec pref
*
Springfield Gas Lt Co.—
25

West

57%

43 %

Northern Indiana Pub Serv—

6% preferred.
7% preferred
5% % preferred

14

Union

2*

35
51

80"

36

9

Bid

103%

12%
7%

13th & 15th Sts Pass Ry
Union Pass ($30 5-6

106

105
.

10

(Del)

Northeastern Wat & Elec com--*

8

82% Dec.
Me

*

North American Co com---

4%

Par

Southwestern G & E 7% pref. 100
Southwestern Lt & Pr com A
*

33

Philadelphia Traction
Ridge Ave Pass ($28 pd)
2d & 3d Sts Ry guar

16

7%
85%

Stocks

3

PhilaCityPa'ssRy($22 % pdj 150

4%

Class A option warrants
Class B option warrants

Ask

1%
3%

Phila & Darby Pass Ry
50
Phil & Gray's Fy ($25 pd)—50

107%

115

Niagara Hudson Power
— -10
1st pref $5 series-——--100
2d pref 5% series
-—100

Bia

Green & Coates Sts ($15 pd) 50
Hestonville M & F com
50

19

100 %

120

100

preferred

Par

TVflfflrrprt

preferred

STOCKS

Frandf'd & Southwark Pass_50
Germantown
Passenger
50

35%

106

N 1 Railways pref-*
N Y & Richmond Gas 6% pref 100
N Y Water Serv 6% pref
100

6%

35

11%

*

pref

Stocks

Philadelphia Rapid Transit
50
7%
preferred
50
Citizens Passenger guar
50
Continen Pass Ry ($29 pd)_50
Fairm't Pk & Haddington.-50

14

common....*

UTILITY

possible for the closing day of the month preceding the date of Issue

Ask

*

are as near

18

Ex-dividend.

4

24

Under the

heading "Industrial and Miscellaneous Securities"

include all issues which do

we

not

appear

under the

previous three headings, namely "Railroads" "Investing Companies" and "Public Utilities."
In the
case of stocks, however,
we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land,"
"Title Guarantee and Safe Deposit Companies" under separate heads, then follow with the rest of the
"Industrial and Miscellaneous."
NOTICE—All bond

prices

are

Quotations for a'l securities

Bonds

Bid

Bonds

Bid

J&D

65
64

1955.A&0
1948.M&S

Coll tr g 4s 1947—.
J&D
4%s stamped 1946——F&A

Advance Rag & Paper 6s '52.J&D
Ex scrip
.
Aeolian Co 6s 1944
J&J
Akron Times-Press 1st 6s '45 A&O
_

It*

102%
103%
103 %

104"

103

105"

Pulp & Paper—
1st 6s 1950
M&N
Gensf 7s 1950M&N
Brown Coal Indus 6 %s '53—A&O /
Brown Co 1st 5%s 1946
A&O
1st 5%s 1950 ser B
M&S
Brown Pap Co ext 4%s '41.A&O
Bruck Silk

87
81

90

80
98

Creameries of America—

49%

Sinking fund deb 5s 1946.F&A
Credit Service deb 6s w w '48-Q-F

46

Crowley Milner 5 %s 1946--M&N

98

Crown Cork & Seal Co Inc—

84

96

Budd (E G)

95
88

82

77

45

55"

J&D

30

36

Burns & Co Ltd 1st s f 5s 1958 J&J

Albany Perf Wrapping Corp—
M coll tr 6s 1948
A&O
1st.
6s assented w w 1948—A&O

50

Bush Term 1st 4s 1952

35

ser

.M&N

A 1948—

Allied St's Corp deb 4%s '50. A&O
Debenture 4%s 1951
F&A
Allis-Chalmers s f deb 4s '52.M&S

25

83
99 %
97

85"
100

88%

93

109%

110

Alpine Montan Steel Corp—

M&S

1st s f 7s 1955

Aluminium Ltd

s

f deb 5s '48.J&J

Amer Aggregates Corp—

Amer Dept St's

37%

40

106

106%

100
100

101

_

New 3-6s 1943
F&A
Amer Color type 6s 1942
F&A
Amer Dept St's (Pa) 6s '48__J&D

51

Income 5s 1958
40

Algoma Steel Corp Ltd—
Conv 5s

35

Ann, Apr
A&O
Jan 1955
J&J /
Bldg 1st 5s stamped I960. A&O /
Cons g 5s

Butterick Co 6% notes '39—A&O

35

7s Certificates of deposit. 1942 f
Campbell River Timb 6s '41-J&J

F&A

Canada Bread 6s 1941

(Del) 6s '47. J&D

35

Canada SS L 6s '41

r

Can Cementlst4%sserA'51 M&N

80

Conv 5%s

M&N

J&J

1949

102

101%

101

102

Amer La France & Foamite—

36
94

39

70

75"
51

J&J

Amer Radiator deb 4%s '47-M&N

104%

Amer Seating 6s stpd 1946—J&J
Am Silica-Sand 6s 1951
M&S
Am Tobacco deb 4s 1951
F&A

100

A&O
American Type Founders Inc—
Conf s f deb 2%-5s 1950—J&J
Am Wire Fabrics 1st 7s '42-.M&S
Debenture 6s 1944

Amer Writing Paper Co—
Conv 68 1961
Ann Apr f
Ames-Holden Tire & Rubber—

106%
100%

7%
109%
119

109%

114

90

31%

33

Income 7s Jan 1 1943-.—M&S / 103

Anaconda Copper Mining Co—
Sink lund den 4%s 1950—A&O
Anglo-Chilean Cons Nitrate—
Sink fund income deb 1967 J&J
Animal Trap 5s Aug 11946
Antilla Sugar Estates—
Income deb 6s 1951 (w-s)—J&J /

Anthony (E C)—
1st s f 6s (San Fran) 1942. J&D
1st s f 6s (Los Aug) 1942.-J&D
A-NY & B-NY Realization
5s, 1955
M&S /
Arcade Mall Iron 7s 1943--M&N/

1955.F&A

1st mtge 4s series O 1957.-J&J
Arnold Print Works
1st 5s Feb 1 1952
A&O
Arundel Bond Corp 2-5s Dec 1 '53
Arundel Deb Corp 3-6s Dec 1 '53
Associated Mtge Co 3-6s Dec 1 '53
Atlanta Laundries—
_

1st lien 4s 1952
J&J
Atl Gulf & W Indies SS Lines—

25%

106
27

88

15

20

95

98

95

98

foH

28

98

97%
98%

98%

52%

54

Conv deb 4%s 1939
J&J
Autocar Co 7s ext 1947—M&N

1st g 5s 1940
M&N
Mtge 6s 1950—
M&S
Bait Steam Packet 5s 1942--F&A

Debenture 4 %s w w 1947.F&A
Central Foundry Co—
1st mtge 6s 1941
M&S

104%

67
25

19

22%

90

93"
88

101

102

114%

116%

50

M&S
Central Ry Term & Cold Storage
6%s 1952
A&O /

loo"

Detroit Times deb 6s to '43.M&S
Deutsche Bank (Berlin)—

71
102

6s extended 1938
M&S /
Deutsche Rentenbank—
Farm Ln s f 6s Oct 15*60 A&OIS /
Series

83%

102"

99

1st 8s

32

Eastern Dairies 6s 1949
M&N
Eastern Mfg 7s ser A 1938--J&D|/
East Temple Corp 6s

89%

(w s) 1941.

,

Eaton Paper 1st 5%s 1943_M&N
Elec Auto-Lite deb 4s 1952-F&A
Elk Horn Coal Corp—
Coll s f 4s 1956
J&D

n5%
79

Empire Properties Corp 2-3s 1945

14

7s series A & B 1950
7s series O 1959
7s series D 1956

6s series AC

1952

„

100

Ernesto Breda 7s

European Mtge & Invest—
1st lien 7%s 1966 ser B
7 %s income 1966

1st 5%s ser O 1946
Consol Cement Corp—

F&a
Bayway Terminal 6s 1954
J&J
Bedfora Pulp & Paper 6%s 1942.

99

101"

24%

28%

101

Beech Creek O & C 5s 1944—J&D
Beneficial Loan Society—

in"

106

108

Bethlehem Steel Co—
1st lien & ref 5s 1942--..-M&N
Purch money 6s 1998—Q-Feb

^3%s series E1966
A&O
15-yr s f conv 3 %s debs *52 A&O
Boston Wharf 1st 4s 1941
A&O
Botany Cons Mills 6%s *34-A&O
Certificates of deposit

(S F) 7s 1944
M&N
Brandram-Henderson 6s '56-J&D
British Am Oil deb 4s 1945-_ M&S

conv

96

96

62

101"

99

101

64%

113%
146%
107

101%
100

104%

46

99%

103%

5%
5%
51
40

A&O

50

Conv deb 2%s 1948
J&D
Continental Roll & Steel Fdy—
conv s

f 6s 1940

J&D

Cont'l Steel deb s f 4%s 1946-J&J
Coplay Cement Mfg 6s '41—A&O
Copley Press 5%s 1943
F&A
Cosden Petroleum conv 5s '47 J&J

Nat Mail SS Lines 6s '52

Ref

5%s series A 1951—
J&D
Ref 5%s series B 1954....J&J

78

1st 5s 1940
A&O
Garlock Packing 4%s 1946—J&D

28%

4%s Dec 15 1947.
J&D
Gen Amer Transport 3s 1940.J&J
3% notes 1941-1942
J&J

104

99%

General Bronze deb 6s '40
M&N
General Cable Corp—
1st mtge 8 f 5%s 1947 ser A_ J&J
,
Gen Elec (Germany) 7s'45-J&J15 /

94

103%

101%
103

50%
32

27

33
29

99

101

40
45

45

98

99

120

122

50

83
101

42"

102%
94%

96"

46

51

97%
97%
102

101"

97
98
101

101%

95"

90

102%

102%

6%s

59
65

1940

59

Debsf 6s 1948

102%

/ This price includes accrued interest.

102%
101%
102%

57
57
J&D /
M&N /
57
Gen Finance conv deb 5s '51-J&D
97%
Gen Motors Acceptance Corp—■
106%
10-year deb 3s 1946
F&A
15-year deb 3%s 1951—F&A
106%
Deb

40

100

Galveston Wharf Co—

58

109

103%

6 Basis.
t To be paid off.
Called Jan. 1. 1939, at 105.

Conv g 6% % notes 1946-A&0

Frick-Reid Supply 6s 1943.-J&D
Fruehauf Trailer deb4%s'47A&0

13

65"

92

95

100

Frick (H O) Coke 5s to 1944.J&J 53.25%

16"

30

Consumers Co (111) 5s 1956--J&J

103%

90*

Gair (Robt) income notes 6s 1972

I960--J&J /

53

48

99H

French

50%

97

Consumers Credit Svc 6s 1962
73
Consumers Rock & Gravel—
6s 1948
J&J /
27%
Container Corp 1st 6s'46-J&D15
103%
Deb 5s 1943 with warr._J&D
W*
Cont'lInve8t Bond Oorp 2-5s '53.
89
Oont'l Invest Deb Oorp 3-6s '53
69
Continental Oil—

1st M

4%s 1951

Follansbee Bros 5s 1947
J&D f
Forest Lawn lsts f 6s 1949—J&D
Francisco Sugar 6s 1956
M&N /
Franklin Coal Co 7s ws 1949-J&J /
Fraser Co 6s Jan 1 1950
J&J

66

42

8

37

J&D

„

12

45

11

s f 6s
stamped 1961
M&S
Firestone Cotton Mills 5s '48M&S
Firestone T & Rub 3 %s '48--A&O
hirst Bohemian Glass Works—
1st secured 7s 1957
J&J
Flour Mills of America Inc—

103

50
99

f

65

106

5s 1969
Federal Screw Wks conv 6 %s '39_
37'
Federal Sugar Ref 6s ctf "33 M&N
Fiat s f deb 7s 1946
J&J yl0423
Filtrol Co of Calif 5s 1946— J&D
85
Finland Residential Mtge Bank

2%

M&N

77

Players Canadian—

1st & coll

96

94

1st 8s 1941--J&D

inc 5s 1953

Sink fund 5s July 1
5s 1950

Fdy & Ma 5s*44 A&O

Cons M s f 4%s ser D '60.-J&J
Beth Steel Corp 4%s to 1941 J&J

Cum

42

Farmers Mfg Co 3%s 1953- -M&S
Farmers Nat Mtge Inst 7s '63A&0
Federal Coal 7s 1944

105%

Consolidation Coal Co—

95

6s profit share deb 1956--. Q-J
Bessemer Limestone & Cement—
6s 1955
J&J

Consol Textile

50

75

1st & coll 3s 1939
J&D
1st & coll 3%s 1940-1942. J&D

"

50

55

11

-

103

Paper Corp—
5%s ex-stock 1961
J&J
Consol Steel Corp 6s ser A '44 J&D

63

22

Famous

94

103

92%

22

C

20-year 4s s f deb 1956- -J&D
Falstaff Brew deb 5s 1947—J&D

101

Cum Inc 6s 1950
..F&A
Cum inc 6% notes 1950--F&A
Cons Laundries Ext 6%s 1941 A&O
Consol Oil s f deb 3%s 1951-J&D

74
80
106

F&A

ser

59

103

J&D

105

Everlastik Inc 1st 7s 1937-M&N
Fairbanks Morse & Co—

103

102%
60%

99"
26%

F&A

47"

101

s f 5s 1943-F&A
Income 5s 1970
An Apr
Connor Lumb & Land 6s '41 M&N
Consol Biscuit 1st 5%s B *46 M&S

1954

7s income 1967

101%
76%

101

Colo Fuel & Iron

87

M&S

st lien
1st liei 7a 1967

Q-F
_.Q-M
Q-J
Q-F
Q-M

M&S

A&O

61

75

94

6s 1943

30"

72

Q

Colonial Colliery 6s 1954

lY*

16

70%
30

Emporium Capwell Corp—
1st 4s 1952
103
—J&J
4% notes 1942
100
J&J
Erie Elec Motors 5s 1941.
15
A&O /

104

51

o

100

40

Empire Sheet & Tin Plate—

Chilean Nitrate & Iodine Sales

87

101

Eastern Car Co Ltd 6s 1952.J&J
103
Eastern Cuba Sug 7%s '37.M&S/
40

6

105%

58"
101%

99

97

.

'

103

Dryden Paper 6s 1949
F&A
Dufferin Paving & Stone—
Deb 5s series A 1955
Jan
Deb 58 series B 1955
Jan
Durham Duplex Razor 6s 1955—

15

45%

91

55
100

23

Dow Chem Co deb 3s 1951—J&D

15

56

B

10-yr 5%% notes 1947—J&J

90

115

1941. .M&N

85

100

5%

99"

M&S
77%
Cespedes Sugar 7 %s 1939
M&S /
11
93
Champion Pap Corp 6s '45—F&A
Champion Paper & Fibre Co—
4 %s s f deb '50C35 Issue).M&S
99%
4%s s f deb '50('38 lssue).M&S
99%
Chateaugay Ore & iron—■
Guar gold 4s 1942
55
J&J
93
Chesap'ke-Camp Corp 4 %s '47 J&J
Chic Grain Corp 3-5s 1952.-A&O f
26
Chicago Produce District—
1st cum inc 5s (w-s) '48.-F&A
110%
Chicago Stk Yards 5s 1961-A&O
98%
Childs Co deb 5s 1943
A&O
74%

83

101

Deb 4%t ser A 1951
M&N
Dominion Textile 4%s '55—M&S
Donnacona Pap 4-4 %s *56__F&A

!19%

111
80

99%
64%
96%

62

Dominion Steel & Coal 6%s 1955
Dominion Tar & Chemical Co—

99%

89

Gertatn-teed Prod 5%s 1948

95%

Dickey (W 8) Clay Mfg Co—
Cum inc 5s (w-s) Nov 1 1949_
/ 147
Cum inc 5s
(ex-s'tk) Nov l"l949
Dom Coal 1st 4%s ser A '52-A&0
%
100%
Serial 3 %s 1938-43
98
A&O

105%

28

99

6%.notes stamped 1935—-M&S

11

12

56

87%

104%
98%

M&S

Deep Rock Oil 7s 1937
M&s
Detroit Har Term 1st 6s '50-M&S

97

72

f deb 4s 1950

Davidson-Boutell 5s 1946
J&D
Davidson Chem 6%s 1937—A&O /
De Bardeleben Coal Corp—
1st cum inc 5s 1957--Ann April

45

Consol

52




50

45*
UH

62

88%

Gen mtge 5s 1941

6s series AA 1953
6s series AB 1948-

94

4%

103

55%
50

50
90

y

15-yr deb 5s with warr "50M&N
Carthage Marble 6%s '42
M&S
I
1st non-cum inc 5s Apr 1951. f
Cassco Corp Inc 6s 1949
M&S
Celotex Corp—

Cleve Tractor conv 5s 1945.M&N
Collateral Bankers Inc—

96

98

s

Cumberland Ry &; Coal—
5s
1940
A&O
Curtis Cos 6%s A 1947
M&N
Dairyland Inc 1st s f 5s 1946-M&S
Danish Prod L'n Fund 5s '40.J&J
Davidson Biscuit 5%s A '45 A&O

Carriers & General Corp—

Clearfield Bit Coal 4s 1940--J&J
Cleve-Cliffs Iron 4%s 1950-M&N

J&J
J&D

Called Dec. 24 at 100.

101

118

M&S

25-yr guar 5s 1955

Canadian Vickers 6s Aug 1 1947Caribbean Sugar 7s stpd '41-F&A /
Carlisle Lumber 6s 1945
Carrier Corp conv 4%s 1948 A&O

58

Baldwin Locomotive Works—

*

53

106

104%
70
82%

99%

55%

86

Without warrants

Jan. 1, 1939. at 103.

J&J

54

Avery (B F) & Sons 5s w w'47J&D

Bowser

Canadian Internat Paper—
1st M 6s 1949

Conv

40"

100
r

55%
53%

Auburn Automobile—

Bethlehem

J&J

Corp inc 5s 1968
J&D /
Cities Service Asphalt 5s 52.A&0
City Ice (Kansas) 6s 1940—A&O
City Savings Bank of
Budapest 7s 1953
F&A f

86

Coll tr g 5s Jan 1 1959
J&J
94
Atlantic Ice & Coal 6s 1951-J&D
45
Atlantic Ice Mfg 6s 1945-— .F&A
Atlantic Refg 3s debs 1953--M&S
104%
100
Atl Sug Rof 1st s f 4s '51—M&N
Atlas Imperial Diesel Engine—
6% conv notes 1945
M&S
92%
63
Atlas Pipeline Corp 6s 1945.M&N
20
Gen conv 6s 1950
M&N f

JBaragua 8ugar Estates—
Cum inc deb 6s 1947
Barber & Ross 4s 1945
Bates Valve Bag 6s 1942-

A&O /

Canadian Bakeries 6%s '45.M&S
Canadian Canners Ltd 4s'51M&N

Central Steel

105%

Armour & Co of Delaware—
1st M 20-yr 4s ser B

A

J!*
98

"IM

Cudahy Packing 3%s A '55.M&S

Canadian Nat Steamships—

5%% notes 1956
J&D
Am Lime & Stone 5%s *51
M&S
Am Mach & Metals 4s 1943--J&J
Amer Nat Co (Ohio)
Extended 6s stpd 1943

ser

1st & gen 5s 1957

101%

48

69%
38%
51%

40
Byers Machine 3-6s
1946
70
Byrndum Corp 3-yr notes Jan 15'39
Calaveras Timber 1st 6s '38.M&N /
20%
Calif Cooperative Creamery—
1st s f 8s 1948.
100
-A&O
Deb s f guar 1943
98
A&O
Calif Cotton Mills 1st 6s '40-J&J
67
Calif Group Corp 5%s 1956 M&N
101
Camaguey Sugar—

Am Fruit Growers ext 7s '43-F&A
Amer Ice Co deb 5s 1953
J&D
Amer I G Chem Corp—
Conv deb 5%s 1949
Amer International Corp—

86"

100

II*

Crown Willamet Pap 6s '5l__J&.l
Crucible Steel 4%s A 1948.-F&A
Cuban Tobacco 5s 1944
J&D

Burmeister & Wain

Alabama By-Prod 6s 1955—J&J
Alabama Mills 6s (w-s) 1953-J&D

6s 1955
Alberta Pacific Grain 6s 1946 J&3

90

81

Mfg 6s ext 1941-F&A

99

15-yr 4s s f Nov 1 1950--M&N
10-yr s f deb 4%s 1948
J&J

106%

81

J&J

5

^

22

M&N

lit series B 1948

106

76

106%

,Co 3 %s 1950—F&A
ill Ltd 6%s '45.M&N

Bryant Paper 6s A 1942

Ask

95

f 11*

Brown Shoe

Bid

Cosgrove Meehan Coal 6%s 1945. f
3
Crane Co 3%s s f deb 1951-J&D
105

(Copenhagen)
15-yr s f extl 6s 1940--:
J&J / 112
Burns Bros deb 5s A 1961—M&S
35

Without stock

Bonds

Ask

British Columbia

Certificates of deposit

Acadia Sugar Ref 4%s
Adams Exp coll tr g 4s

bonds

possible for the closing day of the month preceding the date of issue

Ask

INDUSTRIAL AND
MISCELLANEOUS BONDS
Abitibi Power & Paper—
1st M 5s 1953 ser A

"and interest" except where marked "f" and income and defaulted

are as near as

|

A: Last sale,

n

Nominal,

r

Canadian price,
.

100

106%
106%
x

Called

INDUSTRIAL

82

BONDS

MISCELLANEOUS

&

NOTICE—AH bond prices are "and interest" except where marked "f" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue
Bid

Ask

Bonds

115

62

123
77
63

Iron City-Ohio River Corp—
Iron City ser 6s Dec 1 *48-F&A
Ohio Riv. ser 6s Dec 1 *48. F&A
Isotta Fraschini 7s 1942
J&D

96

Bonds

97

1948—A&O
Rayon deb 6s 1948 w w.J&D f
8tJ Cast 1st 5Ms '49 w w_J&J

Gen Plastics 1st s f 5s
Gen

Gen

Gen

Wares—

Steel

A&O

4 Ms ser A 1952
Gen 'J'heat Eq deb

/

6s 1940.A&O

6s 1950-M&N
Cable 7s 1945— /
German Bldg & L'd Bk 6 Ms 1948 /
Glen Alden Coal M s f 4s '65 M&S
Globe Industrial Loan 6s 1955 J&J
Globe Wernicke 6s Oct 1 '44.J&J
Georgia Marble 1st

'German Atlantir

Gobel (Adolf)

95"

90

45
21
72M

B 1945-50.
J&D
Gordon-Pagel 6s 1940-1944—J&D
Gotham Silk Hosiery—
5 f deb 5s w w 1946
M&S

42M
100M
99 M

101M
102

Manufacturing 6s *42. A&O

Grand Rapids Motor Coach—
Cum income 7s 1962
M&£
Grand Rapids Operating Corp—

96 M

Equipt Co deb 5s 1949
V&I
Grand Trunk Ry Term
/
6 Cold Stor 1st 6 Ms 1952. A&C
Granite City Generating—
AXt(

/
uramn

ivui&ub

<x

Co Ltd—

lstsf 5s 1955

/
/

j

Grigsby-Grunow conv 6s '36
Groc St's Prod conv 6s 1945. J&D
Gulf States Steel 4Hs 1961.*
Gypsum Lime & Alabast—
5 Ms 1948
/
Hale & Kilburn 6s '39 stmp—.
Hall (F W) Printing Co—
1st & coll 6s stmp 1947—I
Hamilton By-Prod Coke Oveuo—
1st s f 5s ser A 1955
M&N
Gen sinking fund 6s 1956.
Hamilton Cotton 4 Ms 1950Hamilton Mfg 5s w w 1951..1
Hansa Steamship Lines—
10-yr 6s 1939 w w
Harpen Mining Corp—
/
6s with warr for Am shs...
~

-

0

J

-i-

1AK1
—

&

20
70

72

45

47
100

82M
12 H

84

49 M

52M
93 M

91M

—

98 M

99 M
96
96

89"

96

——

37 M

-...

95 M

15

18

(Portland, Ore)—

67 H

48
99 M
98 M
97 M

96 M

99 M
98 M
97 M
88 M

80

85

25

/

29

20M1

/

96
60

J&J

93 M

96 M

35K

6s stamped (par $925) 1943

23
25

1st 5s series A w w 1952Karstadt (Rudolph) Inc—

<Par $925) 1943Ke th (B F) Corp 6s 1946-M&S
Kelsey Hayes Wh'l 1st 6s '48.J&J
15-yr cony deb 6s 1948
J&J
Kentucky Rock Asphalt—
3M-6MS 1945-..
__J&D
Kentucky Securities coll 5s 1940Keokee Cons Coke 5s 1959--J&J

1940—-M&N

33

68
15

63
63

31
95
95

46

Natl Consol Bond Corpus" 19531
Nat Container deb 5 Ms '52-A&O

101

Nat Dairy Prod 3Ma w w'«jl M&N
Natl Debenture Corp 3-6s 1953—
National Distillers Products—
10-yr deb 4 Ms May 1 '45-M&N

Lackawanna Steel os 1950.-M&S

101M
65
100

100M

102

96

95
65

98
68

102 M
100 M

103
100 M

13 M
109 M

14 M

28

31*

_J&J

90

Lake Superior Corporation—
1st & coll tr gold 5s 1944.-J&D

99

1st mtge income 1975
J&D /
Lawrence Portland Cement Co—

25

1942
__A&0
Layne & Bowler 3-6Ms Dec 1947.
Lehigh C & Nav fund 4s '48 J&J
Cons s f g 4Ms 1954
J&J
Cons s f 4Ms 1954 ser O..J&J
Lehigh Valley Coal—
1st & ref 5s 1944
F&A
1st & ref 58 1954
F&A
1st & ref 5s 1964
F&A
1st & ref 5s 1974-;
F&A
Secured 6s class A ext 1943.J&J

Paper—

A..J&J
1st & ref s r 5s ser B 1947--J&J
Ref mtge 6s 1955 ser A-..M&S
1st & rer s r 5s 1947 ser

99
99
92

Internat Pow & Pap of Nfld—
102 M
1st M 5s 1968
J&J
101M
1st 4Mb 1968
J&J
107 M
Internat Salt g 5s 1951 opt. _A&O
47
Interstate Deb Corp 2-5s Jan 1 *55i
20
Interstate Zinc & Lead deb 7s *32 /

80

-_M&N

40

55 M
54

92
20
20

19 %

34
23
25

74 H

104 M
69
101

^come deb 5s 1940-M&S !/

105

16M
108M

'42F&A

2-5s series B 1954.
J&j
New Eng Laundries 5s 1956-J&J

79
93
55
28

Mtge 3-6a A '54. .J&J

Niquero Sug 3 Ms 1940—J&J

20

cLP?^00"""18^ 48 '51-F&A

Serial 5% notes 1938
A&O
Certificates of deposit.

%

M&N

H % 1942

1st mtge s f 6s 1946—
6s stamped w w 1946
at

74
67 M

j&j
48

129M
128 M

93

North Amer Car—

55

1st 6s 1943M&S

5.25
5.25
5.25

Equip trust 4M« Aug 1 '39-'46Equip trust 4 Ms Nov 25 '39-'43
Equipt tr 4 Ms 1939-47 J&D16

5.25

„Eiul? trust 5Ms Sept 1 '39-'44.

North Amer Cement Corp—

101M
109 X
98 M

90

P,eJ> 6MsA with warr '40-M&S
6Ms 1943-.M&S

20
46

88
25

Income 6Ms 1953
M&S
Nor Amer Refract 6 Ms 1944-J&J
North German Lloyd—-

-98M

20-yr s f 6s 1947
New 6-4% 1947

46
46

127 84
123
72
40 M

128 M
124

75

40 M

2?*
77

29 M

45

101

47

11

M&N

102

100

F&A

60

80

6s stamped 1943
McOormicks, Ltd, 4s 1952
McCrory Stores Corp—
5s g f deb 1951——

F&A

40

43

83 M

85

105M

100 M

106 M

McKesson & Robbins Inc—

20-yr conv deb 5Ms 1950.M&N

46 M

_M&N

103 M

47 M

104

4.00
4.00

Equip tr 4s ser J 1939-46-J&D
Eq tr 3Ms ser K 1939-48--A&O
Northern Elec & Nor Pap Mills—
1st 4s 1940-47
——M&N
1st mtge 5s to 1948
Debenture 6s 1943

4.00
92
93

M&N
M&N

78

/

55

l8tc^fcges f 5Ms w w 1945-F&A

5Ms without warr 1945. F&A
Norwestern Term Co 5s '48..J&D /
Nova Scotia S & C 5s 1959..J&J /
6s perpetual stock
J&J /

1st

conv s f 3 Ms 1963
J&J
O Oonnor Moffat deb 6s '38 F&A
O Gara Coal 5s '55 op aft'08 M&S /
Ohio Leather conv deb 5s '46.J&J

OM Ben Coal Corp 6s (w s) 1948
Inc deb 7Ms (ws) Aug 1 1953- /

Oregon-Am Lumber 6s 1942.A&O /
Oregon Pulp & Paper 6 Ms to
Apr 30 '37. 6% to 1945—M&N
Oreg Terminals inc 5s 1945—A&O /
Orono Pulp & Paper
6s stamped 1943
J&J /
Osgood Co deb g 6s 1943
J&D

A&O

98 M

M&S
1947—M&S

94 %

95M

89

89 %

0s£?S? FadsOorp 4 Ms 1952.M&S
Without warrants

50

Otis Steel s f 4Ms A 1962—J&J
Oxford Miami Piper 6s 1947-F&A
Pacific Atlantic SS 2-5s '43-M&N /

108M Memphis Commercial—
Appeal 4Mb 1962

Mengel Co conv 4 Ms
Mercantile Stores deb 5s 1947 J&J
Merchants Distilling Corp—
5% conv deb 1947
M&S
Mersey Paper Ltd 5s 1957—J&D

95
40

M&S

96

99"

Pacific Coast Co 5s 1946

Messenger Corp deb 4 Ms '51 J&J

82

85

88
90

90

Pan Amer Petrol Co (of Calif)—
1st conv s f 6s 1940
J&D15

50

Pan Amer Petroleum & Transpt-

79M
75
12
97 M
16
2

30
94 M

32
27
59

79M
74

,35
80

56 M

Pan-Amer Industrial 7s '37.M&S

1942—J&J
Conv s f deb 6s 1947
J&J
55
Metropolitan Ice 7s 1954---J&J
Metropol Persons Loan 7s w-s *57.
99 M Miag Mill Mach'y 7s 1956—J&D
99 % Middle States Petrol 6 Ms 1945__

79"
35

93

Pac Coast Cement 6s A 1942.J&D

97

8M
85

N'west Pub's Deb 4Ms 1948.J&J
Northwestern Barb Wire Co—

90"

54

99
66

M&N

No/th.e£5URedwood Lumber—
6s 1937
j&D

25

47

North Western Refrigerator Line
Equip trust 4s ser I Jan 1 '39-'43

78M

Leaf Milling—

M&N

63

1952"-——M&N

103 %

1001

J&J

99

va^ic ^?.b ^d mtge 7s 1946 J&D

NordbOTgMfg c°

107 M

1st s f 4s Feb I 1957
M&N
Manhattan Refrig 5Ms 1941-J&J
Mansfield Min & Smelting—
7s without warrants 1941-M&N /

47 M

J&D
J&D

N Y World's Fair 1939—
Deb 4s 1941

Nirone Corp 4s

95

Manati Sugar 1st 7Ms '42__A&0
Ceitificates of deposit

If

vvKd-^5%,to 1943—J&J
S3 SWpbuildingRock Corp—
lst 5s '46.M&N
New York Trap

105

rtlh

F&A
M&N

55

52

A&O

AT V T
N Y L E & W Dock & Impt—

128M

Llbby McNeil &Libb 5s '42.A&O
Liberty Baking 6Ms 1944.._M&S
Liggett & Myers g 7s 1944.-A&O
Gold bonds 5s 1951
F&A
Lincoln-Boyle Ice 6s 1947
A&O
Lindsay Nunn Pub 6s 1944--M&S
Lion Oil 4 Ms 1952
A&O
Liquid Carbonic conv 4s '47-J&D
Loew's Inc deb s f 3 Ms 1946-F&A
Logan County Coal 7s 1942-M&N
Long Bell Lumb 6s sei A'42. J&J
6s series B 1943
A&O
6s series O 1946
F&A
Loiillard (P) Co g 7s 1944—A&O

86
86
53
100

Subord notes 5s A 1947—J&J
Subord notes 5s 1947
J&J

103
103 M
65 M

J&J

14 M
„

5M
14 M

92 M

Gen s f 6s ser A 1949

Messer Oil 1st & ref 6s

Miller & Hart Inc. deb 6s '43

St*
28

J&J

108"
25"

Certificates of

35
93 M

90
60
120

Miller & Lux Inc 1st M 6s '45A&0

7% gold notes 1935.
A&O
Minnesota & Ontario Paper Co—
1st 6s series A 1935
A&O
1st 6s series A 1945
A&O
J&J
M&N

37*4
37 M
8M
101

eries O 1950

5-yr 6%vpote tl931

M&S
'41—J&J

Missionary Sisters (Waukegan.
Ill) 1st ref 3 M-4s 1951—A&O

/ This price includes accrued interest,

deposit

7-yr div notes 3M« 1943—J&D
_

7-yr dlv notes 3M« 1944—J&D

Conv deb 3 Ms 1947
34

36

37

*

38M
38M
38M

98 M

k Last sale,

n

J&D

Panhandle Eastern Pipe Line—
1st mtge & lien 4s 1952- —M&S
Paramount Pictures 6s 1955-J&J

115M

1st 6s series B 1948

"

lol

National Steel Corp—

K0°nv5% notes 1947

53 M

96
26

23

100

Gypsum 4 Ms debs 1950 M&N

N\LE&WO & RR—

92 M
o4

Leonard Tietz—See Tietz
Leipzig Trade Fair 7s 1953-M&N f

Minn Valley Canning 6s

b Basis.

..Without stock

^°an 78 1957—
NatOH Prod deb 4s 1952—J&D
National Radiator Oorp

26 M

Deb 6s 1943 with warr

5M

at

100

99 M

—-

/

Natl Grocers Ltd 4s 1947--.A&O
Nat

99

Deb g 5Ms

Medusa Portland Cement—
1st conv 4-5 Ms to 1945

106M

93

Newport Industries—

22

Lane Bryant Inc deb6s*40wwM&N
Lautaro Nitrate Co—

Mead (The) Corp—
1st M 6s 1945 with warr.

106

New

55

88"
104
55

Oorp—

Nat Union

92
57

27
27

86

lRt Co".mtge s f 4s 1965.—J&D
Natl Tool conv deb 6s w w

80

23
23
88

103 H
52

6s«eries A with stock 1944 M&N /

100 M

A&O

92

ATCum conv inc 5s 1952. _ .M&N
Natl Food Products

at

5-6s April 1 1946

•

National Fire Proofing Co—
1st M conv 5Ms A 1946-M&N

22

100M

Lake St John Power & Paper—
1st 5Ms 1961
_J&J
Debenture 5s 1961
An Apr

,

/
/

Series A & D

80

La France Textile 1st 6s *42. J&D

65

101M

8xt to *46-.J&D

^I6

Bojlndbolders partic ctfs

99

Keystone Steel & Wire—
3% notes 1939-1941
M&N
4% notes 1942-1945
M&N
Kings Co Refrig 6s 1942
A&O
Klngsport Press 6 Ms 1939—F&A
Kingston Elevator 1st 6s *50 M&N
Kinney (G R) ext 5 Ms 1941. J&D
Kirby Lumber 1st 4s 1947-J&J 16
Koehring Co (Milw) 3-5s '45. J&J
Koholyt Corp 6 Ms 1943
M&S
Koppers Co 4s 1951
M&N
Kresge Foundation—
10-year coll tr 4s 1945
J&J
3 Ms coll trust notes 1947-F&A
Kreuger & Toll—
5s uniform ctfs of dep 1959I/

lolfl

2

(Central Funding series

M&N

1st 6s 1940-1949

2M
28

iGeri Sandbank 6 Ms 1938

TJ

+

35

-A&O

Series B & O

1st & coll4Ms A 1949
McOoid Rad & Mfg—

92""

a
AT

McColl Fronteaac Oil—

107

55*




76"

64

Dec. 28

M? Jan< 1 1937

r?

98

j&j

Certificates of deposit

64

86 M

J&D

Independent Brewing 6s '55-J&J
100
Indian Refining 5s Dec 1 1941—
63
Indiana Ice & Fuel 6 Ms '47.M&N
1/
Ind Limestone inc 6s 1952--M&N
Prior lien s f 6s 1942
M&N
Indianapolis Motor Speedway—
70
1st extended 6 Ms 1946—-F&A
90
Industrial Acceptance 4s 1952 J&J
Indus Rayon 4 Ms A 1948—J&J
,91
107 H
Inland St'l 3 Ms ser D 1961—F&a
Interlake Iron Corp—
88
Conv deb s f 4s 1947
A&O
Internat Agricultural Corp—
102 M
1st & coll tr s f 5s 1942— .M&N
International Match Corp—
5
Deb s f 5s 1947
M&N
!3M
Certificates of deposit
Conv deb 5s 1941
J&J15
13M
Certificates of deposit
Internat Mercantile Marine—
52 M
1st M coll trust 6s 1941.-A&O

Called Jan. 1 at 101.

Secured 6s 1937

73

/

Munising Pap 6s A &B 1943-A&0
Munson Steamship Line—

95"

Massey-Harris Go 6s 1947-_A&0
McCloud River Lumb 6s *48 J&J

104 M
\fk 40 M

*

37

On

84

5 Ms to 1949
J&D
Marine Elev (Buff) ext 5s '52M&S
Marlon St'm Shovel 6s '47
A&O

J&J

98
76
66
65
62 M
27

M&N

Keyes Fibre 1st 6s '38-'39

M apl e

Hungarian-Italian Bank Ltd—
Sinking fund 7Ms 1963—A&O
Hygrade Food Products Corp— _
1st & ref 6s Jan 1949 A—A&O

90

Pnl! £ o#*fs ser A J941 — J&D
nM
8er 2 1946 -J&D
S o$"fs ser 3 1951 —J&D
tvtSwPt? ^'As„R,er,4 1 q56 - - J&D
^^e0PaPMiUs 1st 5s1952 J&J
Motor Transit inc 6 Ms '51 .A&O
n

23

™

5s. 1951
Lukens Steel 5s extend 1955

102

Illinois Steel deb 4Ms 1940—A&O ,
Ilseder Steel mtge 6s 1948---F&A 1

Moftborco^^2"5810601'53

ti*

4s coll trust conv 1947

77
51

2d mtge inc 6s Feb 1956——
Hungarian Central Mutual
Credit Mfg 7s 1937
J&J
Hungarian Disc & Exch Bank—
35-yr sf 7s 1963—
J&J

International

76

92

Le Tourneau Foundation—

65M

Hudson Coal 1st 5s 1962 A—J&D
Hud Riv Day Line—
S f 1st mtge 6s 1946—---J&J

1939

74
96 M

_

1st coll 3-5s 1950
A&O
Housing & Realty Improv—
7s 1946
M&N
Houston Oil Co of Texas—

6s 1949 series B
Ice Service 1st 6Ms

92

48

(R) & Co 5-7s 1944 ws..A&O
4M-6M8 1st mtge 1944—-A&O
Holland-Amer Line 6s '47--M&N
Holly Sugar Corp 2s 1939—A&O
1st 2 Ms 1940
A&O
1st 3 Ms 1941
—A&O
1st 3 Ms 1942
A&O
1st 4s 1947
A&O
Home Serv Corp 6s 1957
A&O

5Ms

98
97 M

87

Heywood-Wakofield 5s 1946 J&D

10-yr sec s f

100

99

65
67
76

Hoe

f 5s 1950--J&J

1st mtge 4Ms ser A 1961..M&S
Journal of Coram 6Ms *47-—J&J

99 M

12

Hart Coal inc 6s 1945
-----Hatfield-Campbell Creek Coal—
88
1st 6 Ms 1948
M&i
Hawley Pulp & Paper Co—
,
1st 6s sf 1946
—J&Jl/ 104
Haytian Corp inc 8s Oct 1938--— f IV*
73
Hearst Publica6Msto 1947-M&N i
95
Heller (Walter E) 4s ww *46.A&OI
90
Helvetia Coal Min 1st 5s '68 A&O

Hightstown Rug 6 Ms w w 1944- _
Hines Land & Timber 6s *48--J&J

s

Lake Erie Bolt & Nut—

/

Home Service

22

94 M

Harris-Seybold-Potter—
VUU?

62

98

t^o

Great Lakes Paper

93"

44

J&.'

1942
Stores

6s extended

Grand Rapids

86 M

84
101
50
91

74
Molybdenum Corp of Amer—
6% notes 1942
J&D
86
Monon Coal—See Chic Ind & L Ry.
Monroe Coal Mining 6s '47
F&A
94

Jefferson & Clearfield Coal & Iron

Kansas Pipe Line & Gas—

99K

Gould

75

7M

1st 6s 1943 with Am shs.-M&N
Ctfs of dep w w stpd 1943—

60

J&D

Graham Paige Co 1st 6s *43-F&A
Granby Consol Mln & 8m 5s 1942

80

18
8M
98

14

J&D

1942

Bid

Bonds
M°bawk Rubber ext 5s 1948 A& O

Jones & Laughlin Steel—

7,3"
55

1945—A&015

58 series

•I

(P L) 5M% dividend

Indiana Co 1st

50
92

Conv deb 4Ms ser A 1941.M&S
104
Godchaux Sug 1st s f 5s '47.M&N
Good Hope St & Ir Wks (Germ'y)
/ 39
5 f g 7s Oct 15
100
Goodrich (B F) Deb g 6 1945 J&D

1st mtge 4Mb 1956
Gordon Baking Co (Mich)—

Jacobs
notes

14

56

1

Inc—

73

Ask

Bid

Parmelee Transportation
S f conv deb 6s 1944

M&S
Co—
__A&0

*56-M&S
Pea body Coal Co (Consol Co)—

Paton Mfg Ltd 1st 4 Ms

9

100

Nominal.

1st

s

f 5a 1953 ser A

-\M&N

M
/

40 M
40 M
96
96

105 H
99 M
88
49

100

83M

72

INDUSTRIAL

JAN., 1939]

MISCELLANEOUS

&

83

BONDS

NOTICE—A11 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

Penn Amer Goal 6s 1941-50--J&J
Penn Mercantile

Servel

91M
106 M

-

94

107 M

Pettibone MuJ liken—

—M&S / 28
6% notes w w 1938
M&S /
8
Phelps Dodge 3 Ms 1962
J&D
113M
Phila & Read C & I 5s 1973.. J&J /
125/8
Conv deb 6s 1949
M&S f
Ǥ*
98
Phillips Elec Works 5s 1953.P&A
Phillips Petr 3s conv deb '48.M&S
112M
Phoenix Iron 1 st s f 6s 1946.M&N
103M
Phoenix Silk Mfg 7s 1943...F&A
Pickering Lumber 6s A '46-.M&N t
21*
w w

1943

Pierce Butler & Pierce 6Ms *42..
Pine Hill Collieries 1st 6s '42 A&O /
Piredi Co of Italy con 7s '52 M&N

115"
13 M

3M
99

112M

~9~"
22

~5~~

2

89 M

Pittsn Brewing 6s Feb 4 '49...T&J

106"

Pittsburgh Coal deb 6s '49..P&A
Pittsburgh Coke & Iron Co—
lot mtge conv 4 M« 1952—M&S
Pitts Crucible Steel 5s to '45.M&S

105

Pitts Steel

s

f 6s 1948

106 "
93

92
104

F&A

99"

97 M

Pocahontas Consol Collieries
1st gold 5s 1957 op
J&J
Poor & Co s f deb 4s 1940—A&O

&

103

105

97

95

Portld Woolen Mills 6 Ms'41 M&N /
Porto Rican Amer Tobacco—

J&J

Conv 6s 1942.

Corp 5s 1948

Ask

80 M
41

'37 M

6s stamped 1942

40

96

Port Royal Pulp & Paper—
5s to 1941
I
Potomac Bond Corp 2-5s 1953—

46 M
98

107 M

104 M
l&-year 3Ms debs 1951—M&S
Sheridan-Wyoming Coal Co—
1st s f 6s 1947
73
....J&J
Siemens & Halske 10-yr 7s "35 J&J /
,...
Deb g s f 6 Ms '51 with war M&S
75
Deb 6s 2930.—
Ann Apr
500
7s 1940.
J&J
100
Signal Oil & Gas—
Conv 6Ms A 1945
102
M&N
70
SIgnode Steel Strap 3 Ms *45.A&O
Siiesian-Am Corp 7s 1941
75
F&A
Bilverw'd Dairies 5s '41 to '61 J&J
95
Simmons Co Conv deb4s'52A&0
97 M
Simpsons Ltd—
99
1st & coll 4Ms A 1951
J&J
103 M
Skelly Oil deb 4s 1951
98
Slattery Co 1st 6 Ms '45
M&N
Smith (Howard) Paper Mills Ltd
1st 4Mb 1951—
100
J&D
Smith (L C) & Corona Typewr'rs
100 M
Deb2% to4M% to 1946—J&J
Smith & Wesson 5Ms 1948..J&J
55
So cony-Vacuum Oil 3 Ms '50. A&O
106 M
South Coast Corp—
Gen mtge inc 6s April 1950
/
80 M
Southern Advance Bag & Paper—
1st s f 6s 1947
J&D
100
Southern Brighton Mills—
1st gtd 7s 1940
69
—J&D
1st gtd 6Ms 1940
70 M
J&D
Sou Ice & Util conv 6s 1946.F&A
83
—

.

Southern Ice Go—
1st & ref 8-5s 1942

A&O

'63-

88 M
54

57"

Southern

53 M
57 M

Potomac Md Deb Corp

94

105

76 M

79"

102 H

79 M
97
98

100

103 %

3-0s 1953

3-6s 1953.

53

56

40

41M

82"
1940

....

97

2d conv deb 4s 1957
M&£
Produce Term & Cold Storage—

97
84

Protestant Church of Germany-

7s 1946

A&

/

20M
100
97

Quiker City Cold Storage—
39

86"

23

*

101M

Stevens &

s

f 1947—J&D

62

Stillwater Worsted Mills—
Deb 5 Ms A 1943

98

/

Stinnes (Hugo)

14

102 M
99

102 M
100

92 M

92 M
94 M

Republic Steel Corp—
f

93 M

107

106 M
95

97

Revere Copper & Brass—
1st mtge 4 M8 s f 1956..

99 M

7
7

55"

50

lo"

35
20

Richardson & Boynton Co

F&A

/

12

8

Richfield Oil of California—
105

104 M

:

35

6s 1953.

—A&O /
deposit 1946.-A&O /
A&O

/
/
Riordon Pulp & Paper Ltd—
1st 6s June 30 1942—J&

1st mtge s f 5M8 ww 1949-A&O
Studebaker Corp 6s 1945
J&J /
Stutz Motor Car 7 Ms 1937-.A&0
/

conv

deb

M&N

A

ser

13 M

20 M

96

Tenn

65"
95"
25M

1'iS!*
if 2$
>/

3"

20 M

90"

Rueping (F) Leather 6s '40.
Ruhr Chemical 6s 1948

95"

>/

7

35

23

105"

104 M

63.00%
103

94

&

RR

\f

16 M

54 M
103

57

Three Rivers Grain & Elevator—
1st s f 5Ms ser A 1951
M&S

80

Union Compress & warehouse—
1st 2 M-4 Ms ser A 1942
J&J

7
/

Gen & ref 6 Ms

20 M
20M
22 M
11

)37.

7
1/

84

6s

13"

65

7
coup on

s f 6Ms 1946
Stamped

B

Guar

ser

/
A&" 7
/

27 M
22 M

8

17M
18
29
28M

30
32

88

Stamped (July 1933

89M

120
108

101M
/ 85
64

May 1 1942

ser

A

f 5s

lOlM

United Elec Coal Cos inc 7s 1946United Drugs 5s 1953
M&S15

65M

United Grain Growers Ltd—
5s series A 1948
J&J
5 Ms series B 1949

*

Called March 1 at 100 to 105.

dian price,

s

Sale price,

y




J Called Jan, 1 at 101 to 101M.
80 seats, 70 members.

M&N

b Basis,
*

24

M

46

47

42

44

M&N
M&N

98

'42 op M&S
1940. _'J&J
West Indies Sugar 6s 1947. _A&0

95

West Va

Pgh Coal 6s 1947
Pulp & Paper 4 Ms '52 J&D

W Va

33
109

72 M
85

88

90"

84

88

91

25

107 M

83

102 H

■ir"

"6"

106M

107 M

58

Western Steel Products—
Gen 8 f 5s Jan 311956

46

QFeb

60

Weyenberg Shoe Mfg—
101
Debenture 4Ms 1945—...J&D
Wheeling Steel Corp—
1st M s f 4Ms ser A 1966--F&A
93 M
Whitaker Paper 7s 1942
110
__M&N
White Sewing Machine—
Deb 6s 1940.
M&N
101M
Wickw Spencer Steel 7s '35--J&J
Certificates of deposit
/
11M
Pr lien & coll 7s Jan 1935.M&N
ser

of deposit

11M
J&J
M&S

A 1930

Secured 6s 1945
Wilbur-Suchard 4s

1952

Wilson & Co 4s

J&J
J&J

A 1955

ser

17 M
84

9

Wilcox Oil & Gas 6s 1945

A&O

101

101M
94

M&S

101M

Wise Lime & Cement 6s '38. A&O
Witherbee Sherman Inc—
Extend Income 6s 1963
M&N
Wood (Alan) Ir & St 6s 1944-A&0

49 M
103

75

Dairy—

J&D

91

J&J
J&J
4s series A 1946-1947
J&J
4 Ms series A 1952
J&J
Woodward Iron 1st lien 5s '62J&J
2d conv inc 5s 1962. .Ann Apr

94

0M.8 w w 1944
—
Woods Mfg Co Ltd
1st 3s to 1941
3 Ms series A 1942-1945-

93
92

109""
111

Woodward & Tier nan Print—

103

107M
I

73 M

J&J
A&O
J&D
Youngstown Sheet & Tube—
1st M s f 4s ser C 1961
M&N
Conv 4s debs 1948
M&S
6s 1942
York Ice Mach 6s 1947
Debenture 6s 1943

EXCHANGE

96

75"

92
95
80

104 M
106 M

SEATS
No. Last Sale

99

106 M

N

Y Stock

Exch—1,375 $70,000

N Y Cotton Exch.
N Y Cof & Sug Ex.
N Y Curb Exch...

450

9.000

344

2,900
12.000

Baltimore Stk Exch

550
76

Boston Stock Exch.

139

Chicago Bd of Tr__ 1,549
Chicago Stock Exch
356

8,000

900

500

4.000
1,500
2.000
2,500
1.000

3,800
1,500

53

Cleveland Stk Exch

50

Detroit Stock Excb

66
66

350

Kan City (Bdof Tr)

213
75
177

4,000
1.000

523
19

1,200
1.000
46.000

i~,666

800

'750

Los Ang Stock Exch
Milw Grain & Stk_

116M

Minn Ch of Comm.

110

Minn-St P Stk Ex.

28M

Montreal Stock Ex_
New Orl Cotton Ex

80

41

1/80
500

98

650

3,506

150

New Orl Stock Ex.

97

70

100

Phila Stock Exch__

200

975

Pittsb

Exchange.

115
46

1,250

Salt Lake Stock Ex.

49

500

18,000

Stock Exch.

500

108M

109M

82 M
92

83 M
94

San Fran Stock Ex.

69

97

99

Seattle Stock Exch 1

28

300

69

70

Seattle Curb & M

Toronto Stock Exch

113

65,000

Washington Stk Ex
Winnipeg Gr Exch

40

500

300

463

3,700

3,300

St Louis
-

—

90

Western Newspaper Union—
'
Conv deb 6s 1944__
F&A

Conv debs 3 Ms 1947
Winslow Bros & Smith—

126M

115M

5 f 6s Oct 1 1952

121

67""
35

W Va Coal & Coke 1st 6s '50. J&J

100

ser

A&O
United Corps Ltd inc 5s 1953 F&A

92

95"

jLOI

A 1956
F&A
United Biscuit deb 5s '50
A&O
United Cigar-Whelan Stores—
s

76
63 M

Webster C&C 1st g 5s
West Disinfecting 6s

4

15-yr 3 Ms deb 1952
J&J
109
Union Rock 1st 6s s f 1947--M&S /
27M

1st

/

Ft Worth Gr & Cot

Union Term Coal Stor 6s '39-F&A
United Amusement Corp—

-

M

106

50

F&A

—

103 M
45

49

1st 5s 1943-1951
J&J
Union Oil Co of California—

—,

40

M&S

1937

103 M

58 M

97 M
Ticonderoga Pulp & Paper 6s 1940
Tide Water Assoc Oil 3M* '52&J
106
Tietz (Leonard) 7Msx-w '46.J&J /
28M
Tilden Lumb & Mills 6 Ms'46M&S /
22 M
Tlvoli Brewing conv 5s 1947 J&D
65
Tomahawk Kraft Paper—
1st 5s (withstk) 1951
55
A&O
Trask Timber 1st 3s 1944
J&D / 44

35

M&S

1941

6s

5Ms 1943

92

Conv 68 4th stamp 1950--F&A
Unified Deben CorpSs 1955

.

f deb

103 %
18

103

Term

r

_

s

5Ms notes

3

M&S
102M
J&J / 70
Refrig & Warehouse Corp—
4 Ms 1948—
A&O
Term Warehouse 2d 5s '42.-J&J
47"
Texas Corp deb 3Ms 1951--J&D
107 M
Texas Sugar Ref 1st 6s '44.-F&A
f
Thermoid Co 5s w w 1951--J&D

«.

M&S

Warren (S D) Co—
1st mtge s f 4 Ms 1952
Conv deb 4 Ms 1952

102M

Ulen & Co—

48"

Saratoga

Victory Mills—
6 Ms with warrants 1943.
Saxon Pub Wks (Germany)-

102 M

Copper & Chemical—

98

45

Conv

Certificates

Conv deb 6s 1944 ser B
Tenn Prod 1st 6 Ms 1930

~4M

19
38

Warren Bros Co—

101

81

12"
11M

A&O

1944... __A&0

1st 6s

5-year 7s

125

.

98 M

(Hiram)-G & W—
4 Ms 1945

105 M
103

6l"

,

St Louis Gas & Coke Corp—

_

Warner-Quinlan Co 6s 1939.M&S
Warner Sugar Corp 7s 1939.J&J

49"

107 M
95

1951.-J&J

5s

Victor Amer Fuel 6s 1940
F&A /
Victor Fuel 1st s f g 5s 1953. J&J
Va Iron Coal & Coke 5s '49.M&S

Woodland Farm

M&N

J&D
Taylor-Warton Iron & Steel—
Coll inc 7 Ms July 1 1958.-A&O
Coal

—

105 M
31

70
58

83
2M

99

1st coll conv 5s 195170
-A&0
Vertientes Sugar 1st 7s 1942. J&D /
11
Certificates of deposit :
/
10
Viau Biscuit Corp 6 Ms *46—J&J
100
Vicana Sugar Co 6s 1955
4
J&J /

Certificates of deposit

16

24 M

J&D f

Swift & Co 3 Ms 1950—
Taggart Bros Co 6s 1944

Tenn

56

Warner Co

75M

70

100

95

103

Susquehanna Silk Mills—

116"

112

M&S /

1st M serial 6s 1932-1942.M&S /
Sunray Oil Corp—

5s

J&J

Warner Bros Pict 6s 1939

12

48

90
104 M
50

98

20-yr 1st mtge 4s 1955

Sugar Pine Lumber Co—

103

Rocky Mtn Fuel 5s 1943.

18
40

-

Sink fund deb 5s 1938

A&O

1941

Walton Lumber 1st 6 Ms '41 Q-Jan
Walworth Co 6s s f deb 1955. A&O

1936
J&J / 82
4s ctfs of deposit 1936-_J&J /
70
2d stamped 1940
J&J
60
Strange (John) Paper 6s '44—J&J
96
Strawbridge & Clothier—
1st s f 5s 1948
M&S
100

50

48

Conv deb 5s

Deb
J&D
Waltham W'tch & Cl'k 6s '43 J&D

7s unstamped

56

/

J&D /
48 M
6Msseries01951
J&D/ 49M
6Ms series A 1947
J&J /
48M
United Stockyards Corp—
88 M
15-yr coll tr 4 Ms A ww '51 A&O
United Wall Paper Fac 6s 1 947
104
Universal Sewer Pipe 6s 1943 J&J
45
Utilities Elkhorn Coal 6s 1948 J&J /
22
Valvoline Oil ext 5s 1947._M&N
95
Vanadium Corp of Amer—

35

97

2d stamped 1946
Stinnes (Hugo) Industries—

Sugar Estates of Oriente—
1st 7s 1942 ctfs of dep

6 Ms series A 1951

Walker

Struthers Wells Titusville—

93 M
101

>

Union 7s 1946..

100 M

4s ctfs of

104 M

53

Corp—

7s unstamped 1946

Remington Rand Inc—

56M

U S Steel Corp 3 Ms debs *48 J&D
United Steel Works (Germany)—

91M

73

Thompson Pap 6s 1942 /

90

Vulcanite Portland Cement—
1st 7 Ms 1943.
M&N
Wabasso Cot'n 3 M-4 Ms '51 F&A

J Spang

Stern Brothers 6s

notes—

5

116

Vertientes-Camaguey Sugar—
101M

19

..

Radio-Keith-Orpheum Corp—
Part paid ctfs (for 6% deb an
common stock) 65% paid.. ./
Debenture gold 6s 1941. J&'
/ 73
Midwest Corp ref 6s 1940.M&"
90
Railway Express Agency Inc—
*
Series
5s
1939-'49 (s-a)__M&
106

Rheinelbe

/

98

F&A

Van Camp's Inc 1st 6s 1943

Dairy Products—

Conv income 5s 1944

Conv deb 3 Ms 1946
M&N
U S Print & Litho 6s 1950.-A&O
U S Radiator Corp—

32M

A&O

1950

100

1st sink fund ser B 1949-.F&A
U S Finishing 5s 1944
-J&J /
U S Pipe & Foundry Co—

deb sf 5s 1946

25
61

99M

Van Dorn Iron Wks 7s June 1 1942

106M

72

104
Chalf't & Co 1st 5s '48 J&J
"Springfield Ice 7s 1944
J&D /
4
98" Square D Co deb 5s A 1945--F&A
101
99
104 M
Staley (A E) 1st mtge 4s '46.F&A
Standard Ice 1st 6s 1947
F&A
Stand Oil (N Ji deb 3s '61-—J&i»
104M
102 M
115-yr 2Ms deb 1953——-J&J
Serial notes 1M% 1943
J&J
101J4
102 H
2% 1944
J&J
1945
J&J
97 %
102 M
1946
..J&J
102 M
41
103 M
.o
1947
1
J&J
Stand Textile Prod 6Ms '42 M&S /
17
Stanley Co (Camden) 6s 40 J&D
77
Stanley Crandall 6s 1946.-F&A
91
73 M Stanly-Rowl-Clark 6s 1946.-F&A
90
Starrett Corporation—
Secured cum inc 3-5s Apr 1950. /
32
Steel Co of Can 6s 1940
J&J
107M

100

--

100

Serial

w s

U S Cold Storage (Kan City)—
1st sink fund 6s ser A1946_F&A

50

iS'west Lumb Mills 5s 1955._M&N /

Price Bros & Co Ltd-

3s

1st 4s

25

90 M

1946—J&D

Southern New England Ice—
1st s f 4 Ms 1967
A&O
Southern United Ice Co—
Southwest

80

lst

1st leasehold 4Ms

83

-

102 M

68

Improvement 1st 5s '41- /

Bid

United Industrial 1st 6s 1945. J&D f
Deb 6Ms 1941
.M&N /
United Securities Ltd 5 Ms 1952..
U S Cold Storage(Chg)6s'45.J&j

conv

Southern Kraft Corp—

Potomac Franklin Deb 3-6s 1953.

50 M
54 M

Potomac Cons Deb Corp 3-6s
Potomac Deb Corp 3-6s 1953

Bonds

United Merch & Mfrs 6« 1945 J&D

95 M
6

'46 J&D
J&J
J&J

Shell Union Oil Corp—

Pennsylvania Glass Sand Corp—
1st s f 4Ms 1960
J&D
68

Bid

42

f 3-4s 1961

s

Bonds
Securities Accept Corp 5a
^neca Copper 7s 1933

Properties—

.J&J
Pennsylvania-Dixie Cement Corp
1st m s f 6s 1941 ser A.M&S15
Secured

Ask

90

91

93

93

95

f This price includes accrued interest,

_

/

.

k Last sale,

n

40,000

Nominal,

r

Cana¬

Quotations for all securities

Stocks

Par

Stocks

Bid

possible for the closing day of the month preceding the date of

are as near as

Par

Bid

20

193765

Stocks

share

5

20
7 % preferred--100

109

Drayton Mills

Can

Durham

62 A

Hosiery—
6% preferred--100
Dwight Mfg.—123*
Eagle Yarn
Easley Cotton Mills

22

7 % preferred
Efird Mfg

Northern Mills
98

Algonquin Print-100
American Mfg. .100

Preferred

5c

20

60"

5
45

243*

25^

75

80

100

Preferred

73*
73*

City Mfg 100

Bourne-Mills——*
Brighton Mills—
Preferred
100
Dexdale Hosiery—
Preferred
100

6A

34

30

43*

19

20
18

SH
24,

Preferred

100

M

*

.k

16k
1

17%
2A

36A
4A

40
5k

Nashua M (N H) 100
Preferred
100

24

2nd preferred---1
Nonquitt M(NB).(

6

9

17

19

Pacific Mills-

13 k

14 A

•

8

27

Patchogue Plymouth
Mills S3 cum pf_ 1
_

Pepperell Mfg

100
100

Pierce Mfg
Pilgrim Mills
100
Plymouth Cord--100

70
1

Co (F R)—

3

23

88"

85

Powdrell & Alexander
common
5
ich Borden Mfg
8uissett Mills—100

4A

4A

12

*

70
38

7

9

94

98

85

95

18*

23

in

36

32
4A

31

41

50

60

33%
5k

Butte

25

30~~

32

37

35

Majestic Mfg
Marion Mfg Co

97

40
102

4

5

Acme Spinning

2A
93

Alabama Mills
*
Amer Yarn & Proc._

46

7% preferred—100

100

2

A

2 A
97

J*

50

Anderson Cotton

100

50

*

38

43

100

Mills

88

93

Appleton Co
Preferred

Arcade

Cotton

25

20

Avondale Mills...-1

7

25
8A

Beaumont Mfg—..
p

95

eferred

_

Belton Mills (SO).25

Preferred..
Bibb Mfg.
13

*

100

-

-

85
19
•»*»•••»

23
3

84
14

87

Calhoun Mills

_

143*

50

40

45

Callaway Mills

♦

17

20

Mills
Ohadwick-Hoskine

*

31%

33 A

Cannon

ha Co
10
f
8 % preferred. 100
China Grove Cot—
Chlquola Mfg
20
6% preferred-.—
Clifton Mfg (SO) 100
Climax Spinning..50
Columbus Mfg (Ga)
Common
100
Converse (D E)_100
Crescent SpinningDallas Mfg (Ala) 100
Darl'gton Mfg(SO) 5
_

.....

Sterling Spinning
Stowe Spinning..
Textiles Inc com..10
Class A pref...100
Class B pref
50

1

3 A

lk

1%
8k

9/
/16

8

A

*

49%
As
33

35

1

5

8A

75
65

80

_«••••

25"

%

V* BosRET(Bos)_100
Bos Stor

28

60

Boston Wharf
Cent BldgTr

~5%

Chic R E Trus'g. 100 a

1A

1%

68

7

"

10

Cresson Consolidated

—

—

46

—

"

Cusi

M

Eagle Pith Lead.-10
—

•*

M.

40"

-»

33

l-*COl

145*

7% preferred-.100

63

67

88

55

61
120

25

27

19

23

60

Smelting com._ 10
7% preferredlOO

MM.

—

common

7
73

A

10

&

78

Smelting

%

38

40

8A
14%

15

5

49 k

64 %
50 k

*

33 k

Copper

Mining

*

4A

16 A

20
1

8A
1

Island Creek Coal-l

50

$6 preferred

17

Isle Royale Cop
Jardine Mining

36

35

k
55

A
65

6k

20
122

1

16%
8A
1A
20 A
124

lk
A
43 A
A

2k
A
43 k
k

King David Min.50c

41

30

10c

20c

25
1

Kirkland LakeGold 1
Lane Rincon Mineel
Lake Sh Mines Ltd 1

83*

10c

50c

52 k

Ilk

53 A
12

104

56

Wallace Mfg Co
Ware Shoals Mfg 100

65

7 % preferred—100

90

_

_

45

Copper....5
Mining Corp of

—

Washington MillslOO

80

50
85

Mills..*

106
6A

30

38

13 A

16

Preferred
100
West Point Mfg. _20

17 A

19 k

1A

2

Winget Yarn
Mtge 6s

79

82

118

123

113

4A

7k
10 k

20 A

8k

Castings

5

2A

2%

%
38 k

6% preferred A.50
Aero Supply Mfg—
Class

6k

27

Advance Rumely..*
Aeolian Co—

com

Class B

6A

22

*

5k

Aetna Ball Bear-—1

7

Aetna

5c

Brewery.

Preferred
29c

4A

A...__!._*
1

*

30*

100

Engine*

Agfa Ansco

M

1

Agne w-Surpass—
Shoe com

* r

Preferred

1A
61A
76 A

63

Alnsworth Mfg

79A

Air Associates.....1
Air Devices Corp—1

55"

id*
lIS

59

23 A

10

26 k

Adams Express
*
Adams Millis
*
Adams Oil & Gas.*

Aetna Stand

Preferred
100
N Y & Honduras

35
42

7k

m

Newmont Mining. 10
New River Co
100

Rosarlo

%

24c

Mt City Copper..5c
National Tunnel
and Mines com..*
New Jersey Zinc
25

Mills

Abraham & Straus *
Acme Steel
25
Acme Wire v t c__20
Adams (J D) Mfg—*

Aetna Rubber

Canada
*
Mother Load Coali'n
Min 68.

9
65

23*
19 k
25

.

82c

Miami

98

50

15

50k

McIntyrePorcupine5

Lava Cap Gold Mini

82

7
64

78c
7A

37 k

78

1

75

Mfg.. 100
Abitibi Pow & Pap.*
6% preferred .100
7 % preferred—100

$0 preferred

49 k

Lucky Tiger Comb
Gold Mining
10
Magma Copper Co 10
Mayflower-Old
Colony Oopper.25

1st M 6s Jan 1941

Common

57 k

tigraph Corp...10
Advance Aluminum

30

96

Dairy
*
Abercrombie & Fitch

55c
118 A
16

Addressograph Mul-

Louisiana L'd & Ex 1

115

Stove..
*
Abbott Lab'torles.*
4 A % conv pfd 100
Abbotts'

1A

lk

14
_

MISCELLANEOUS
A B

5A

Kennecott Copper.*
Kildun Mining....1

19

5A

Aberfoyle

Warrants
115

A
8k

Home Title Ins (NY)
Title Guar & Trust
of New York
20

34

■

Internatl

Mortgage Guar. *
EmpireTitle &Gul00

9A

Inspiration Cons

16

TITLE GUAR¬
ANTEE & SAFE
DEPOSIT STKS
Bankers Bond &

7A

64

12 A

Howe Sound Co
Hudson Bay Min

Tr(Bo8ton)lu0

.

38 ~A

Homestake Mines

10

100

Hotel

INDUSTRIAL AND

Copper Co.—.100
Mining
25c
Holllnger Mines
5

.11
•

115

97

7A

Hecla

100

7 A

37

Power common..5
Greene Cananea

1

70

—

107

Granby Cons M S &

9A
94

A

Golden Cycle OorplO
Goldfield Consol
Mines
1

70

a

(Boston). 106 a
Factory Bldg Tr.100
Fifty Associates (B)_

2

Zinc, Inc
_.l
Federal Mining &

110

i

Evans-Wallower

83

101

City RET (C)..500
Congress St Associ¬

Kimball Bldg Tr 100

Evans Wall Lead—

80

~

10c

Mexicana__50c

Dome Mines Ltd-.

85

100 a
100 a

ates

Gold Min & M..1

5
72

Wiscassett Mills
Woodside Cotton.20

17

a

W'h'se.lOOla

3%

2d

Wellington

Tr.ioo'a

Bd of Tr Bid
Bos Gr'd R'TTrlOO a

~5A

92

45

lk

5

REAL ESTATE TR
& LAND STOCKS

50

10c

Mining Co

59%

Union-Buffalo Mills
Common
10

5% pref... 100
Victor-Monagh'n 100
7% preferred—100
Victory Yarn Mills—

Yukon Pacific

5Z

1st 7% pref..-100

5

1A
8

Y8

A*

70c

Copper Canyon. 10c
Copper Range
Cornucopia Gold.5c

99
13

20

White Knob Copper
Preferred
10
Wright Hargreaves
Mines
*

Cons Min & Smelt .6

_

Worsted—

Startex Mills

Utah Metal & Tun.4
Walker Mining
1

15

57

7 % preferredlOO
Southern Weaving.*

7% preferred--100
Spartan Mills
100

27

14 k
3k

1A
8A

Common
Consol Copper

4

Southern

11c
120

Copper Oo__ 10

25

*

com

90

7% preferred--100
Burlington Mills.
1
-

Process

10%

United Verde Ext50c

26

1

Illinois Zinc

50

5
-

100
Brandon Corp A.100
Class

♦

Preferred

Silver-Lead-1
Sunshine Mining_10c
Tonopah Mining. .1
Union Copper Land
& Mining
25
Utah

Clear Creek Cons—

Southern Franklin

Mills

7%

6 Print Wks

43c

Shattuck Denn
Silver King Coal

54

25

6% preferred-.100

33c

1

Copper Con>

3

Rowan Cotton Mills
Saxon Mills..
50
Smyre (A M) Mfg 10
7% preferred
Southern
Bleachery

Copper

46

24
81

Cotton-

Common

.8

5

Chief Consol Min.-l
Chile Copper
25

1

Mills. .100

7% preferred.. 100

6c

k
%

r

15 A
10c

_

6A
2k

Cerro de Pasco

62

snares.

Stand

15

Central Am Mines. 1

23 A

2k

"7k

Zino-Lead

Co

Laurens C M
100
Limestone Cot Mills
Linford Mills

2A

35 k

35A

10

Sup

8

1

1
5

Carnegie Metals

40

*

5
So Am Gold & Plat.l

7A
38

Calumet & Hecla

King (JP) Mfg.. 100
Lanett Bleachery &
Dye Works com 10

Riverside & Dan Riv

Abbeville Mills

5

2A
2

15%

7%
33

5

___

Cop & Z Go_5

Callahan

2k

11

Antelope Min

Seneca

&

Mines—1
Gold Dredg¬

Butte &

Riverdale Mills—

Southern Mills

Lead

ing, Ltd--,

77

5k

21%

2A

St Anth Gold M...1
St Joseph Lead—.10

9A

Bunker Hill

80
100
60
55
45

Judson Mills A pflOO
Preferred B
100

7% preferred
Pacolet Mfg
100
7% preferred..100
Perfection SpinningPickens Mfg
Piedmont Mfg
20
Poe (F W) Mfg.. 100
Rhodiss Mills 7% pf

9k

Consol
Bulolo

4k
20 k

25

Ltd Amer

6c

Black Hawk

9"

5

78

Saratoga Victory

Roan
2c

Comstock—_1
Austin Silver Min-.l

5

1

20

Pond Creek

Ariz

10

%

Mining..25c

Premier Gold M

Smelting1
$5 prior conv pf 25
AnacondaOopMin 50
Andes Copper M.20

110

105

1

Amer

105

Polaris

10

Zinc

12c
24c

15

Amer shs ctfs__ 10
Pioneer Gold Ltd—1

105

Gold

37

9k

105

100
100

Pocahontas

20

8

105

100

Quincy

Juneau

9c

20c

1

100

STOCKS

17

45

36

f
/
/
/

Admiralty Alaska
Gold Mining.
Alaska

1%
80
1.00

Enterprise—

...

Mining

Norris Cot Mills
Orr Cot Mills—100

30

M—100

35

95

50

18

Consol Mines
Patlno Mines &

...

MINING
28

Newberry C M..100

32

Soule Mill (N B)_100
Utica & Mohawk
Cotton Mills--100

32

*7 A

75

May Hosiery
$4 preferred
Mills Mill pref.-100

12 k

SCRIP

1934..-.

42

73

Preferred

Nat Yarn Mills

28

♦

37

15

.*

Mills common—♦

39
100

96"

Musgrove Cotton

100

Preferred

ANCE

& Sull'n M & 02 A

Mills pref

130

*

Atlantic Mutual—

Cotton

Inman Mills

Monarch

7k
13 A
13 A

Mfg

Mills

Industrial

42

100

Bagdad Copper

4% preferred
83 prior pref
Highland Pk Mfg 20
6% preferred
Imperial Yarn

Mooresville

—-_*
Preferred A—-20
Preferred B
20

(F R)

-

Marlboro O Mills

Shops

Common

10
99

Mills—

6% preferred
Hartsville Cot Mills.

101

MARINE INSUR¬

7

20

Knit. 5
7% preferred. .100

40

IS*
90c

Oklahoma Interstate
Mining Com..25c
Preferred
Oriental Consol
Mining..
10
Pacific Tin special. *
Park-Utah—

40"
lOO"

JA

Utah
l
Old Dominion Co.25

62

Cottons..

Preferred

Henrietta Mills—

3^

100

-

147

32

Preferred

Hanover

47A

.

100

Wabasso Cotton

97

Hanes (F H)

12

1

(Baltimore)

....

Hamrick Mills

20

8.50

Mohawk Carpet-_20
Mt V-Woodb Mills

Wamsutta

16

Nipissing Mines
5
Noranda Mines
*
North Butte.._ 2.50
Ohio Copper of

105"

60

Ask

Bid

Par

Per share

10

101

*

Preferred
100
Penmans Ltd com.*

108

Granteville Mfg._20
Grendel Mills—

93*
66 H
m
A

Units

Sanford

Montreal

15
46

50
10

Gaffney Mfg..
Conv pref

10

100

Hathaway Mfg_-100
Kilburn M (N B)_75
Luther Mfg
100

*

Stocks

65

100

Domin Text Ltd

97

Mills

7

Converters. 100

Preferred

40

Glenwood Mills-100

6*5*

Prior preferred-25

Sagamore

41

10
7% preferred
Florence Mills—100
7 % preferred--100
Fulton Bag & Cotton

Gossett Mills

General Cotton—»
Gosnold M (N B)__*
Preferred
100

8aco Lowell

34

Gainesville Cot Mills

♦

Draper Corp
Parr Alpaca

Nashawena

12

Flint Mfg Co

Ask

Per share

Preferred

10

Serial notes

Pine

Martel Mills
Preferred

29

Falrforest Finish Co

10

Bid

Can Cottons Ltd 100

12

100
Erwin Cotton---.20
6% preferred--100

84

100

Spinning Co
*
5% preferred
*
7% preferred
♦
BIgelow-Sanford
Carpet common _♦
Border

17

58 ^

-.100

Preferred

Amoskeag Mfg
*
Arlington Mills--100
Barnard Mfg_—100
Beacon Mfg
100
Berkshire

16

Par

Canadian Mills

29"

27

Dunean Mills.

TEXTILE
STOCKS

Ask

Per

Per share

issue

24 A

J*
7

100 r

5

A

1
a

•

Purchaser also pays accrued dividend.

Without par value.




/ Flat price.

k Last sale.

n

Nominal.

r

Canadian price.

t New

stock.

x

Ex-dividend.

JAN., 1939]

INDUSTRIAL
Quotations for all securities

Stocks

Par

Ask

Bid

Stocks

Par

6594

Air-Way Electric
Appliance _.-__-*

1

Alaska Pac Salmon*

394

Albany Packing—
Preferred
100
Alberene Stone of Va
Vot trust ctfs
Alberta-Pacific
Giain class A

5

*

66

154
454
53

50

100

7% preferred.. 100
Allen

Industries

1

6% conv pref.. 100

i"
ill*

Chem

&

10

13
12

1854
754

19 X
9

11

62

Common
*
All Metal Products 2

47 94

48

6% preferred..100
Alum Goods Mfg..*
Aluminum Indus..*
Aluminum Ltd
*
6% preferred. 100
.

Amal

1

Leather

6% conv pref..60
Amalg Sugar—...1
5% preferred---10
Am are 1 Corp
100
Amerada Corp
*
Amer Agric Chem.*
Amer Air Lines...10

*

American Arch
Am Bakeries pref
Class A
Class B

354
8%
20

19

24X

20
128
110

10

Am Bank Note

6 % preferred
50
Am Bemberg com.*
Preferred
100
Am Beverage Corp. 1

Amer Bosch Corp
1
Amer Box Board.-1

1454
384
13854
107)4
254

IX

15

154

70

i"

32

36
46

44
.

_

\ly

35)4

K*

10

60
12

82

88

59

IX
58

754
8%

Common

51X

...

554% conv pf. 100
American Can-—25
7% preferred-.100
Amer

154
61
8

954
6154

131

132

10051
17454

10054
17654

Canadian

*

Properties
Am Car & Fdy

*
7% preferred.-100
Amer Carmel
100

2

1

34 %
54

X

100

Preferred

Amer Centrifugal.. 1
Am Chain & Cable.*

5% preferred--100
Amer Chicle
_.*
Amer Cigarette &

Cigar Co

..100

Preferred

100

Amer Coal (N J)..25
Amer Colortype_.10

IIS
98
2 IS

112

125

122)4

12254

115
120

23*
72

pf I

145**
3454

American Screw. 100
American Sealcone.5
Amer Seal-Kap
2

5"

Amer

Seating.
*
Amer Ship Build-.*
Am Smelt & Refg—*
7% preferred--100
American Snuff. .25
6% non-cum pflOO
Amer Steamship. 100

II*
5154
13354
59
148

8

5% preferred

10
_

Amer Encaustic
Tiling Co
1
American Enka—*

Equities Co. . 1
Amer Export Lines—
Amer

113

Anaconda Wire
6 Cable com

115

4%
3654
3X

5

39

7X
165 X
9

854
500
12

11

Preferred
100
Amer Forging and
Socket com
*
Amer Fork & Hoe--*
Preferred
100

58

103

Am Fruit Growers.*
Preferred
—50

154

194

7

9

Am Furniture
—1
Am Hair & Felt—*

94
454

154
494

6% preferred—50
Amer Home Prod—1
Amer Hosiery
25
Amer Ice Co
*

6% non-cum pflOO
Amer I G Chem A_*
Amer Insulator
*
Old preferred--50
$1.50 prior pref-10

J*
654
454

154

12%
454
854
10154

2054
11354

dH

12%
254
754
8
3

2954

;#
102

Ay*

55

5854

65
59

IO54

2054
1154

4754

254

30

5

3%
6

9

954

554
10

50
31

994
90

61"
6

1054
106

54

33

1054
93
30

Art Metal Constr.10
Art Metal Works..5
Arundel Corp—..*
Asbestos Mfg com.l
Ashland Oil & Ref.l
Assoc Brew (Can).*

7% preferred..100
Assoc Dry G'ds

1

6% 1st pref_..100
7% 2d pref—.100

registered

Athey Truss Wheel 4

4554

4594

Atl Coast Fisheries.*
Atlantic Co com...*

14

101
5
52
25

194
15
103

554

Atlantic Refining_25

4% conv pref. 100

Without par value

I*

3

17

23

20H

"%

5c
4

1254

16

11354
9%
54

70

115
10^
58
75

954

.8
354
354

Dec
Dec

20

28

"354
354

1054
18

1754

1654

1754

110

115

94

194

154
394
315-a

4

II*

1954
1754

Warrants..

Bridgeport Brass. _*
Bridgeport Mach..*
Preferred
100
Briggs Mfg
*
•iggs & Stratton
*
Bright Star Elec—
Class

2

394

15
16

854
694

894
654
1294
694
1594
754
7154
3154
3794

ji

f if

75

W*
39

...*

B

preferred- -100
Mfg..

*

Class A

54

32
^

nK

Dec

1

7054
3354
4294

3554
4354

21

2154

21

25
25
5

21 1/a

Oil Ltd

*

Coupon

Registered
Brit-Amer Tob reg£l

1254

8*
31

Brit-Ainer

19

Ordinary bearer £1

l\V*
22

British Celanese Ltd
Amer dep rets. 10s

%

Truck new com.

97

100

19 h

2054
114

112

Old preferred .100

Belding Hem'way.-*
Belden Mfg com
10
__1

Bellanca Aircraft. .1

50
50

Preferred

Bender Body com. .5
Bendix Aviation—5

9554

9954
154

Distillery

15
4

Preferred.
.

*

Beneficial Loan Soc *
Benson &

Hedges..*
pref
*

13

754
125

754
1054
3594
1054
5

754
1094
36

1094
594

Inc

*

Preferred

*

12

Blaw-Knox Co.—.*

70

30

Bullard Co
Bulova Watch

1994
5354

Bunte Bros com

10

Burco Inc com

*
25

29^4

■b*
50

51

12

13

1594

1754

28

Nominal,

25

f

11

754
51
105

--*
*

33

WA
9

"6"

Burd Piston Rlng-.l
Burdines Inc..
1
Preferred
*

30

Burma Corp Ltd—
Am dep receipts.-

2

Burns Bros com—*

1

254
494

*

Machine

394
5554

Burry Biscuit-1254c

494

12

112
2

70

WA
IX
454
15

18
79
18
113

794
2154
5

44

1654

2

7% debenture. 100

1894
254
254

754

854

1094

1054

Bush Term Bldgs—

57
2

7854
1754

294

Bush Term Co com 1

7% pref ctfs—100
10

Butler Bros

9

5% conv pref. .30
»

75

1594
36
4

3

594
1694

Butterick Publis—*
Preferred ......50

Byers (AM) com. .*
7% part pref. .100
Byers Machine..
*
Byllesby class A
.»
Class B
Preferred

Cable El Pr v t
Oalamba Sugar

8

...♦
.*

1

Byrndum Corp
tiyron Jackson

Estates

*
c—

com

2054

2"
1254
3654
2

35c

2254
754

5% preferred

Campbell

II*

45c

3

4

3
17

%
16

h
Vr*

50

48

51

50

5554

5654

&
*

1754

18

1694

1654

Wyant
Fdry

i24
A»
30c

Calif Pack Corp...*
Cambria Iron

3"

20c

*

20

47
17

Cannon

25
25

1894

\YA
95

.54 Burroughs Adding

Bliss (E W) Co-—■

Common.---.-_-l

27

7% preferred--100

Preferred

9454

$3 Preferred

$5 preferred
*
Buckeye Pipe L--50
Buckeye Steel Oast *
Bucyrus-Erie Go-_5
7% cum pref. .100
Bucyrus-Monighan
Class A common.*
Buda Co com—100
Budd (E G) Mfg..*
7 % preferred- .100
Budd Wheel-.----*

k

$2.50 preferred-.*
Billings & Spen—25
Bing & Bing
5
Binks Mfg
1
Bird & Son
*

13

51

94

-

4

*

Collender..

5254
254

2i54

*
5% preferred
20
7% preferred-.100
B/G Foods Inc
*
7 % preferred--100

1554

*

50

54

Beth Steel (Del)

5
_

5154

7%

—*

2

5
30

Brans wick-Balke-

15

7%
120

154
7
21

*

Bruce (E L) Co
Brack Silk Mills._

niture common--1

Beth Fdy & Mach.*
Preferred50

Rubber.... 1

Brown Shoe

55

554

*
♦

*

.*

—

30

45*

is"

Brown

1854

Industrial

Loan common...

1

Class A pref
Forman

15

>

Brown Fence & Wire
common

1854

1

Beech-Nut Pack-.20

Bell Aircraft

_

Brown Co 6% pf-100
Brown Durrell
.*

Brown

Inc.iO
pref_20

j

13 54

1654
32

18

Bristol-M yers

1494

Beaunit Mills

n

5254

194
1754
3)4

preferred
*
Boyertown Burial
Casket com
*
Brach (E J) & Sons *
Bradley Knitting—
1st preferred
100
Brager Eisenberg-.l
Breeze Corp
1
Brewing Co of Am.3
Brewster Aeronaut'! 1

15c

Warrants

k Last sale

2894
108

5154
1254
1694

Common
*
1st preferred-.100

Warrants.

2254
111

2894
106

Brockway Motor

Blauner's com——*

1054
2254

aA

27"

1854

894
354

Fdy & Mach com *
Black&Decker Mfg *

108

24
24

20

33

Bristol Brass

Birdsboro Steel

694

3494

2254

Bondhold¬

Brinks, Inc

854
3)4

$5 preferred w w_*
Bearings Co (Am).*
1st preferred. .100
2d preferred ..100

Best & Co

454
1654

3494
254

„

34
8

89

Vs

2454
854
45

26

Brillo

•

6

7 % preferred- -100
Bessemer Limestone
6 Cement com..*

4%

19

7%
4354

Brill Corp class A-.*
Class B
*

1

454

1754
654
1154

1954
654
2054

20

98

31

7%

154
1194
2954
754
1854

1754

t Called Jan. 9 at $52.50 plus 68c. dividend,




8

854

Cream. .25

6% conv pf
5% conv pf
*

2154
894

8

*

5% non-cum pflOO

27"

654

6654
2154
894

*

•
.

28

5

10

-

2d

554

Borland Shoe St-

$3 preferred
*
$6 preferred
100
Atl Gulf & Wind
SS Lines

6

23""
_54

common..25

Bickfords

5

10

2954

77

£1

32

"154

98

28 J4

76

Assoc El Indus Ltd
Am dep rets ord

31

1454

93

Berkey & Gay Fur¬

*

Assoc Laundries
*
V t c common
*
Associated Rayon.*

2894
1354
454

40c

20
30

ers

Purchase warrants

40

20c

7% preferred-. 100

Mills A

Preferred.

Bourjois, Inc
-•
$2.75 cum pref..*
Bower Roll B'r'g-.S
class A
65
Bowm Bilt Hotels—

Berghoff Brewing..1
38

Elec. 10

100

Bow-Bilt

Ay*

Beaton & Cadwell

Conv

19

28

Botany Worsted

20

*

$2.50 prior pref.

Arrowhead Petrol—1

Preferred

42

*

Beneficial

Woven Hose
Rubber com..*

6

18

854

Optical com
10
5% preferred
100
Bayuk Cigars
*
7% 1st pref.-.100
Mfg

Ask
share

Boston

394
4094

Belmont Radio-.--*
Belt RR & Stk Yds

Works

Artloom Corp

194
854

1

$154 conv
Beech Aircraft-

A*

4554

...._*

ilH
18

100

Common

5

Vx
B*

Bausch & Lomb

Equipt Corp.. 1

Hegeman

Bates Mfg
Bath Iron Wks

57

2in

$6 conv pr pref..*
7% preferred.. 100
Armstrong Cork
*
Armstrong Rubb A*
Arnold. Constable.5

5% preferred

Bastian-Blessing ..*

32

5

pref—100
Armour & Co (111)

Boston Herald
Traveler Corp—*

2154

Refining.!

Bathurst Power
6 Paper A

1254
154
654

guar

Common

5

Barnsdall

Bartgis Bros com._l
6% conv pref..25
Basic Dolomite
1

53*

5

Print

554% pref
50
Barlow & Seelig cl A5

Beatrice

100

54

54

__*

Bond Stores com..l
Borden Co-15

54

2094

1

Bros

Bid

Borg-Warner Oorp_5
Borne Scrymser__25

*

com

*

85b

10

25

15
33

Arcturus Rad Tube 1

Aro

Amer Felt common *

8% preferred. .100
Amer Hard ware..25
Am-Hawaiian SS.10
Am Hide & Leath—1

Steel

Arrow Hart-

_1

1st preferred—100
2d preferred--100
Amer Hard Rubb-50

8

Barker

mann Corp
1
Anheuser Busch._20

.

3

WA

Bardstown Distill..1
Barium Stainless

4

19%

100
*
1
10
*
*

3)4

B

754

Barber (W H) Co..l

Angostura-Wupper-

Antilla Sugar
Apex Elec Mfg
Applied Arts
Appollo Steel..
Apponaug Co
A P W Paper

Common

17 54

150

112

Co common
*
Andian Nat Corp..*

5

23

Class B

*

3
2 54

97

5354

$654 conv pref..*
Anchor Post Fence

Bohack Realty pflOO
Bohn Alum & Br--5
Bon Ami com A
*

2154
3%

Service cl A
Barber Asphalt

354
154

*

14

95

31

Anchor Hocking
Glass common

Arnold

Amer Express—100
Am Fabrics, pref 100

Common

lot"

354

5

12

41

Bancroft (J) & Sons*
Preferred!
100
Bankers Industrial—

Boeing Airplane

Bohack (H C) com.*
1st preferred-.100

84

for com.. _13

_

aVA

80

c

25
100

62

*

Barnsdall Oil

American shares.

£

39

V t

Common..

Bloomingdale Bros.*
Blumenthai (S> com*
7 % preferred- 100

5!"

100

86

Trading

Common

11X
100

18

"""54

Amer Wringer
*
Amer Writing Pap.*

2754

Amer Distilling pf 10

9%

Bliss & Laughlin
5
Preferred
30
Bloch Bros Tobacco
Preferred

Baldwin Duckw'th.*
Baldw Loco Wks._*

395

6% 1st pref—100
Am Cyanamid A. 10
Class B
10

Amer Dist Teleg.
7 % preferred. -100

Preferred

89

nl*

6694

654
3)4
3 %
3054

Balaban & Katz. .25
Jtrererred
.100

39

Argo Oil

28*

tation Corp
_.l
Axton-Fish Tob A10
Class B
.10
Preferred
100
Babcock & Wilcox.*

Baird Telev pref
Baker Chemical

7 % preferred. .100

7%

ex-warr.25

Warrants
Baldwin Rubber... 1

21

iig

Aviation Corp(Del)3
Aviation & Transpor¬

33
52
134
61

26

25

Backstay Welt-...*
Badger Paper
._*

754

Ark Fuel Oil pref. 10
Armour & Co of Del

W*
27

W

*

11

1054

A com

Avery (B F) & Sons 5
6% pref w w
25

554
2054

73

65

_

3054

68
6

1054
10%

Commercial

15

18

Common.......*
Preferred
100

45

5% preferred.. 100

Class

2394

126

5

II"

88
147
3

Par

Per

94

Common..
3
Automobile Banking
$1.50 conv pref 25

Pref

II*

Amer Wind Glass—
Class A
100

Alcohol com. .20
Am Crystal Sugar 10

Amer

10

com

Warrants

954
2254
7454

*

7 % preferred-

prior A..*

cum

6% preferred..100
Automatic Fire
Alarm common.25
Automatic Instru¬

9154

si"

Transformer. 10

Amsterdam

$5

Autocar

7% pref old—.100
7% pref new
30

If 54

Type Found. .10
7 % preferred..100
Am vitrified Prod.*

Co

Austin Nich & Co..*

90

Am

Am Woolen

Tack
*
Auburn Automob..*

2154

6 %P referred. .100

Preferred

18

4054
954

Preferred
50
Amer Thread pref. 5
Am Tobacco com.25
Common B
25
Am

d*
d*

150
165

140

*
*

Am Steel F'dries

Archer-Dan-Midi'd *

1554

~754

8h

._

W4*
20

33

conv

454

162

160

7% preferred.. 100
139% Am Sumatra Tob..*
1
10954 Amer Television.
2% Amer Thermos A._*

175""

100
69

1754

..*

7% cumpreflOO
Republics com 10
Amer Rolling Mill 25

American Stove...*
Amer Sugar Ref.100

20

18

d*

Am

110)4

A.Brake Sh & Fdy
i

10"

50

American Stores

7% preferred—.5
American Book—100

7% 1st pref

129

100

*
...._*

*

Am Potash & Chem *
Amer Radiator &

4)4%

6154

Aluminum Co com.*

-5

Stocks

Ask

23%

Automatic Prod
5
Automatic Refrig.JO
Automat Vot Mach4 *
Automatic Washer—

4

354
354

*

Class A
Class B

Am Safety Razor
Common
18.50

6% preferred.. 100
Allis-Chaimers Mfg

Alloy Cast Steel...*
Alpha Portl Cem__*
Altorfer Bros
Conv pref
*

19

108

Stand Sanitary

19354

1254
354

Allied Prod (Mich)—
01 A conv com.25
Common..
10
Allied Stores Corp.*

Optical
Preferred

5% conv pref-.100
Atlas

ment common

American Piano-

6% preferred ..50

11

40

122

*

Amer

27 Va

10

Allied Mills Inc
;*
Allied Paper Mills. 1

Anh

100

68

.X

Allied Laboratories *

n8

21

Amer Pneu Serv

mx

Ip
30
26

American News Co *

Dye

Corp common
*
Allied Kid Co com.5

39)4
120

American Meter...*

14

ibx

10

y*

„

1854
3054

2854
25%

15

..100

Preferred

Allied

5

17H
3054
7854
1554
45S
1594

Locomotive.*

Maracaibo-.l
Amer Metal Co
*

Alientown Portland
Cement pref
10
Alles & Fisher
*
Alliance Realty

Amer

Amer

Allegheny Ludlum
Com..*

Foamite Corp.. 10
Warrants

Conv preferred.20
Atlas Powder
*

Am Mach & Met..*
Am Maize Prod...*

10

Steel Co.

Atlas Pipeline vtc.*
Atlas Plywood
*

254

294

Inv, 8% pref--100
Algoma Steel com.*
Preferred

.754

154

254
4

Bid

Per share

754

354

Alexander Dept Stsl
Alexander Hamilton

Par

Am Internat Corp.*
Amer-La France &

2

22

Stocks

Per share

7% preferred- -100
Amer Mach & Fdy_*

100

Preferred

Ask

Bid

Am Laund Mach_20

85

STOCKS

possible for the closing day of the month preceding the date of lssu6

Per share

Air Reduc'n com..*

MISCELLANEOUS

&

are as near as.

1854

r

18

Canadian price.

*

Ex-dividend,

t New stock.

INDUSTRIAL

86

Quotation* for all securities

Stocks

Bid

Par

Canada Bread.— *
Preferred
.100
Class B pref
60
Canada Cement. 100
Preferred
100
-

Can Dry Ging

Ask

Stocks

Per share
3
6
r

r

9%
95%
18%

r

Canada Forgings—
Class A
—*
Class B_
—*

9%
97

Cliffs Corp v t c

18%

Climax

12%
70

70**
2%
9%
65%
25%

38

39

r

104

«*

17%

M

Canadian Colonial
4

Airways
Canadian Dredge
& Dock

r

r

4%

22**
99%

Coleman Lamp &
Stove common

25

I

Foreign-

1,000

Peet

35

105
110

3%
3%

Collins Co

Wire

7% Dec. 22

60

)

50

58

J

%
18%
4

30

Carnation

Co.

*

24

Carpenter

Ste

5

19

20

►

)

)

116

47%

107

20**
3%
6%
15%
91%
117%

Columbia

»

2*

Parts coin

23$*

*

Oompo

95

4$*

; 24

Gases

%

21$*
1%

%

)

14**
5%

5

com

Pub..*

Congoleum-Nairn. *
Congress Cigar
*

15

52

55

1%

$3

5%

7% preferred-100

8%

Central Paper

2%

4

Cons Film

6

8

5%

6$*
4%

$2 cum part pf.
Cons Laundries

'{

[

3%

*

)
L

6% prior pref. 1(
Chain Belt com

)
►

4%

5

Paper

Con

preferred-100

6% prefvtc--100

8%

10%
15%
129%

J

15

)

126

*

Consumers Co of 111
V t c A partic--50
V t c B partic
*
V t c partic pref 60
Container Corp
20
Continental Baking

3

4

Class

13

13%
103%

Preferred
Chic Elec Mfg A..
;
Chicago Flex Shaft 5
Chic June Rys & U 1
Stk Yds com__l( 3
3
5

13*1

70

19

71**

185

106"

103

12**

13**
SA

/A
*

*
*

5

19$*
37

19**
38**

47

50

17**

18

4
*
*
»

3

8

110

—

8$*
13$*

—

B

*

8% preferred-.100
Continental Can. .20
$4 50 preferred
*
Cont Diam'd Fibre_5
Continental Mot._l
Oont'l Oil (Del).-.5
Oont'l Oil (Mex)

1

Oont'l Roll & Steel *
Cont Screw com. .10
Preferred
Cont Steel Corp

10

*

Preferred

100

Converse Rubber..*
Preferred
*..33

8$*
69$*

68

*

Class

5

A

-

-

10

Special preferred
Cook P't & Vjirn

-

*
*

.

15
8%
5%

¥
9%
6

92

"I**
6%

3%
%
15%

3
14

3

2%
6%
16%
19%
1%
92

42$*
112

9%
3%

IK
7H
16%
20
2

93%
43%
113%
9%
3%

9*

9%

14

Preferred
100
Corn Prod Refg_.26

5
1

4%
4

3

Claude Neon Lt
L
Cleveland Graphite
Bronze com
L
.1
Cleveland Hobbing

10

7 % preferred-. 100
Coronet Phosph.100

85

79

Oorroon &

5%
4%

Rey'ds.*

$6 conv A pref..*
Cosden Petroleum .1

17

18

5%

Warrants.

22%
95**

7%
22%
97%

*
*

7

%

27**

4

5%

1

28%
7

conv

B_

•

2d preferred. ..100
Devonian Oil
10

2

"3"

5%
2%
7%

Dexter Co

Preferred
100
Oourtaulds Ltd—
Am

dep rets ord£l k
Covered Wagon Co
$1.50 conv cl A.20
Cramp (W) & SnslOO

7%
3%

&*
8%

8%

5%

*

•

102

66 %
175%

J*

n

2%
1%
6%

1%
6%

13c

4%

4%

6% Dec. 19
%
38

pf

100

109

r

3

*

2

5% preferred
50
Educational Pictures

Eisler Elec Corp

Common

18

1%
30

90

95

56

59

114°

~2%

2

43% Dec. 20

6%
4

6%
4%

1

2%
3%
24%
14
14

16%
48

nVA

20c

1

1

Eltingon Schild

*

3**

Electrical Steam
Sterilizer

1

'm

hi

34$*
15**

34**
15*4

Electric Boat
Elec Ferries com

3

62

63

Household

Util Corp
Elec & Musical

5

Indus Am shs

3%

2%

2

30

15%

xiH
2

2%
33

39^
27
113
18

31
31

116

18%

*
*

Elec Stor Battery
Elec Vacuum Clean*

Electro Bleach Gas.*
Electrol Inc v t c —1

Electrographic

1

Electrolux Corp

Eljer Co

1
Inc.l

15

20
5

100

Elk Horn Coal

117

1%
155

20%

~2~
165

21%

._*

preferred
Ely Walker D G—25

84

1%
3%

20%
87%
3

4%

19

20

1%

17*

1st preferred. .100
2d preferred-.100

120

Emerson Drug..2%

23

B

2%

Preferred

4

Empire Sheet &
Tinplate
*
Employers' Group
Associates
*
Ems co Derrick

5

Endicott-John8on_50
20

IK
10%
14%
1%

1st preferred

Emerson Elec Mfg.4

8%
35%

15

25

*

com

Preferred

2d

18

2%
29%

Corp

Common

5% preferred..100
Equit Office Bldg..*
Esquire-Coronet
1
Eureka Pipe Line.50

100

23

4%
73

4%

21%
10
41

110%
1%
8%
18%

Eureka Vac Clean_5
12

12%
35

Dixon (J) Cruc—100

25

28%

Dobeckmun Co
Dr Pepper Co
Dodge Mfg

8

27%
7%

9%
28%
8%
22%

coml

*

*

22

6%% pref
100
Domestic Finance—
Cum preference-

16

13

Exch Buffet

Corp..*

Exolon Co com
*
Faber Coe & Gregg.*
Preferred.
Fair

Bearing
25
(The) Chicago *

7%

preferred—100

28

29

Fairbanks

36%

37

8% preferred. 100
Fairbanks Morse..*

Ex-dividend*

Co

24%
1%
7
42
100

Fafnir

Oil
_

4

Evans Products
.5
Ever Plastics Corp.l
Ex-Cell-O Corp
3
—

25

3X

SA

*

6% preferred..100
8% preferred.. 100

$4 partic pref

33

x

4%
12%

_

Class

A

t New stock,

lH
18

Elec Shovel Coal—

42

Fields

35

Eisemann Magneto
Preferred
100

Electric

%

41%

Distillers Liquors. .5
Divco-Twin Truck

8%

Electric Auto-Lite. 5

1

26

103
8%
32%

Do minguez

4

Warrants

5

iff*

Canadian price#

B

15%
5%

55

Doehler Die Cast—*
Dold (Jacob) Pkg—

70

62

Class

*

6
20

14%
4%

16$*
55c

Edison Bros Stores—

25

Dictaphone Corp.
Preferred.
100

7*

175

Mach com

Economy Groc Sts.*
Eddy Paper
*

11

6%% pf (w w) 100
Diamond T Motor

14"

6% preferred-.100
Easy Washing

25

30%

6% part pref
Diamond Shoe—

7

184

20%

4

Class

70

25

Nominal,

8

20%
24%

30

Dixie-Vortex Co—
Common

30

1

Eaton Mfg Co

*

Seagrams Ltd
*
5% pref w w__100

104

100

com

conv

30

5

com

Diamond Match

5

10%

*

Electromaster

Common

28"

Courier Post—

5%
A; Last sale,

.1

28

7

2%

.1

Elgin N Watch

16

27%
101%

3c

Coty Inc

Crane Co

Without par value.

pref. .50

26

6%
1%

Common
Preferred
Eastman Kodak

Devoe & Raynolds—
Class A (non-vot) *

Distillers Co Ltd. £1
Distillers Corp-

12

25

Steamship.*
$2 conv pref
*
Eastern Sugar Assoc

Detroit Sulphite. .10

6%

Elec Corp com
1
Corning Glass Wk 10

3%

Detroit Paper Prod 1
Detroit Steel Prod.*

12%

Eastern Mfg com..*
Preferred
*

8%

Dewey&Almy Ohem

55

Footwear .1
East Mall'ble Iron25

15$*

14%
1%

Common

1

.

Eastern

15

20

w w

110

55c

Eastern

Detroit Gray Iron &
Foundry com
1
Detroit Harvester. 1
Detroit Mich Stove 1

6% pref

138

25c

*

East Racing Assn..*
Eastern Roll Mill..5

16

12

153

East Dairies Ltd

18

6$*

7%
14%

31%

Cornell-Dubilier

3%
6%
9%

Warrants
Det Gasket & Mfg—
Common
1

Dictograph Prod..2
Discount Corp (NY)

3$*
83**

-

Preferred
*
Detroit Aircraft
*
Detroit Compensat'g
Axle Corp com._l

27 %

60

3




82
3

Dec. 22

59

*

*

2

17

2**
82%

City Auto Stamp..
*
City Ice & Fuel
0**% cum pf-.U 3

Preferred

Gilbert Corp.. .10
Dejay Stores
1
De Long Hook
and Eye
100
Del Rayon A com. 15
De Mets Inc pref. *
Dennison Mfg—
Class A
lo
7% preferred
100
8% preferred.. 100
Dentists' (The)
Supply com
10
6% preferred
Derby O & Ref com *

25

0

Inc

78

10%
6%

pref_20

Common

Oopperweld Steel. 10

3

*

*

20

49

14**
13%

5

100

Deep Rock Oil
& Ref 7% pf—100

87

VA

1

conv

~7%

7

1

Class A
35
Decca Records
1
Decker (A) & Cohn 10

com

Oil

17**

10**

2

Dwight Mfg
15
Eagle (C K) pref 100
Eagle Lock
25
$1.50

30**110

29

17

15%

$4 preferred
*
Cooper Bessemer..*
$3 prior pref
*

13

*

25"

5%
1%

110

*

com

00

84

%

"6%

7%

15

75

6%

Class B

Eastern Air Lines.
7

*

Deere & Co

deb. .100

cum

$4.50 cum pref—*
Duquesne Brewing.5
Durham Hosiery—

27**
100
17

East Boston Co.. 10

24"

Deisel-W cummer

Consol Textile new
Consolidation Coal—
Common v t C..25
Warrants

5%

<dVs

12

"9

8%

7%

Pure Silk
Hosiery 6% pref 1 )
►
Chic Daily News..

Cinecolor

6X

6%

6% preferred.. 100

83

5%

(R G)

Duro-Test Corp
1
Duval Texas Sulph.*

28

112

1%

2

5%
47%

/S

21

12

109

23%

Chemical. 1
Warrants

7% preferred

30%
103%
43%

Chester

Cin Un Stk Yds..

61

5%

r

50

44

Darling Stores Corp
$2 partic pref
*
Davega Sts Corp. .5
5% conv pref. .25
Davenport Hos'y..*

Preferred

25%

r

6

Chilton

15

109

38

16%
50%

10

3%

Bradstreet Corp.*

Eason

7% cum pref.. 100
$8 cum pref
*
Cutler Hammer
*
Dailey Corp
1
Darby Petroleum. .5
Darco Corp 8%pfl00

9%

DuPont (EI) deN
6 Co common..20

VkH

18$*

18

19**

Dryden Paper
*
Dubilier Condenser 1
Duff Norton Mfg..*

3%
80

Driver Harris Co. 10
Preferred
100

Dun

118

2%

10

Dayton Rubber Mfg

1%
6%

43

%
2%
4%

74%

15**

8% preferred.. 100

118

15*

5%
47%
7%
27%

14**

Consol Royal Oil. 10
Consolidated Steel *

)

*

*

Davison

15**

)

1 %

133*2

116

*
100

1

nM

bIh

■

2%

5 % preferred. .100

Drug

6

79**

131%

*

com

108

*

11**
%

14

100**

Curtis Lighting
Curtis Publish

17

14

Dow Chem

69

49%

*

32

7%
29%
6%
25%

79%

$6 preferred
*
Dunhill Internet'1.1
Duplan Silk
...»
8% cum pref.. 100

14

Dardelet Thr'dlock *

2

1

Consol Retail Sts..l

)

Childs Co com

93

5%

Preferred
Dresser (S R) Mfg—
Part conv n-c A.*
Class B
*
Dri Steam Valve..5

15%
14%
87%
43K
94%

12**

Stores..*

15%
49%

2%

com

Dominion

Doubleday Doran.*
Douglas Aircraft..*
Douglas (W L) Shoe

40

33$*

150

"■

Dow

Cunningham Drug
Stores

12

32

100

15

12

65*

Preferred

Coal B

42

3%

*

28

92

\
Cherry-Bur Corp..
Chesebr'gh Mfg. .2
Chesapeake Paper

88**

42

>
2
Preferred.

3%
Aug. 23

16

86

30

Tobacco

146

25

Dominion Steel &

Common
*
Conv prior pref..*

2%
9%

Oushman's Sons—

10 **

5

19

108

105

100

Preferred

7%
%
9%
28%

37}
171

16%

9

7%

-

11$*
41**

5
►

Fibre

17

3$*

37

64

Curtiss Wright Corpl
Class A
4
1

40

Cons Lithograph
Cons Mach Tool uts.
Consolidated Oil
*

Ohamberlin Metal
Weather Strip

7%

Indus. .1

%
1%
4%

*

10
7% preferred-.100
Cuban Atl Sugar—

75

Cons Cigar Corp..*
6 **% prior pf_100

%
10

$7 preferred^

SK

59

8

91

*

10

Cuban-Am Sug

15

*

pref

Cent Ohio St Prod.]

11 )

_

6 % % prefeiTed 100

Consol Biscuit...
1
Oonsol Car Heat. 100

conv

100

*

Common

Oonsol Aircraft.—.1

)

100

14%
86%
43%

Cuba Co

Compressed Indus
Conde Nast

21

$5 conv pref
Crucible Steel
7 % preferredCrystal Oil Ref

Shoe—

Mach v t c ext—1

57
27

Aguirre

Preferred

94

1-5

pref--*

Oolum Carbon v t c *
Columbus Auto—

109

25

Ouneo Press

28

conv

70

4

Cen Violetta Sug._.

93**
4**

$2.75

24**
4$*
47%

90

53

10( )

9

Columbia Pictures—

68

)

.

11*

25c

Crown Zellerbach_.5

6% Preferred .100
Oudahy Pack
50

4%
22%

16%
16$*

Sys Inc class A21
Class B

Columbia Mills. .100
Columbia O & G
1

18**

90
87

Crown Drug com
Preferred

3$*

B'castln

18$*

)

30

8$*

$2 preferred
*
Combustion Eng. .1
OomnVl Solvents..*
Com'wealth Dist-.l

23%

J

9H
41%
38%
33%

Cuban

22

„•

Common
* k
Vot tr ctfs com..*

21

4%

Caterpillar Tract.
\
6% preferred .11 )

107

3%
4%

Preferred.*

250
)

Crown O'k & Seal.*
$2.25 pref w w._*
Preferred x-w
*

Cuban Am Mangan 2

35**

15*

Colt's Patent Fire
Arms Mfg
26
Columbia Baking..*

4$*
24**

20%
3%
5%
14%
90%

*

common

Col Fuel & Iron
Warrants

1

2%

Common

Ordinary shares
6% conv pref

68

*

103

Colon Development

7$*

)

"

100

Colonial Beacon Oil ♦

87

7%

18M

Crown Cork Int A_*

Oollyer Insulated

7
84

_

14 K

14**
102**

♦

common

24

~3%

3

*

6% preferred

6% preferred-.100

Central Amer
Plantations

35

19**

*

6% preferredlOO

k

Charis

Nov. 16

8

Collins & Aikman..*

Carey

Champion

60%

11

r

5% preferred _

132 %

59

100

2%
2%

Central

78

75
131

r

Preferred
1C
Can Indus Alcohol-

Products...

2$*
25**
127**

125

r

Invest Corp

Crowley Milner

27

107

Central
Petroleum (Md)_5

25

Bid

Stocks

Per share

Crown

Colgate-Palmolive-

—

%
9%
26%

100

Preferred

37

2%

—*

Plow...* k

Cockshutt

Crocker-Wheeler ._*

Prior Preferred.50

of New York
*
Coca-Cola Co
*
Class A
*
Coca-Cola Intern. _♦

105

26%
23%
7%

5

Creole Petrol

43

13

Peabody
*
7% preferred-.100
Coca-Cola Bottling

34
14

13**

r

2

♦

Par

Dominion Bdge.100
Dominican Coal pf 25
Dominion Glass. 100

22

of Wheat

1
Crosley Corp
*
Orowell Publish'g..*

60

38
35

Club Aluminum
Utensil com

—

4%.

21*1

ly*

0

Clover Val'y Lumber
Preferred A
100

—

17**

33
r

•»

—

3**
20%
59$*

*

Cluett

Preferred.

Cream

21%

Creamer

8

Croft Brewing

Clorex Chemical

2%
9%
57%
19%

r

Gasco

*
*

r

Canadian

•

Clinchfield Coal.100
Preferred
100

r

r

5%

Molyb¬

r

Class

Ask

Per share

■

10

r

Bid

Par

Stocks trust ctfs.*

Cleve Worsted Mills
Common
_*

r

r

Stocks

7

—*
Olev Un Stk Yds—*

denum Co
r

Ask

5%

Cleve Tractor

47

Ale_5

Bid

Par

STOCKS

possible for the closing day of the month preceding the date of issue

Per share

95%

r

MISCELLANEOUS

&

are as near as

95
4

37%
$*
6%
42%

66"

INDUSTRIAL

Jan., 1939]
Stocks

Ask

Bid

Par

2%
29
7%
1.00

28
7%
90c

Fajardo Sugar
20
Falstaff Brewery—1
6% conv pref
1
Family Loan Society
New preferred—
$3.60 partic pref _ *
Famise Corp
50c
Class a__'_
2
Famous Players
Can Corp com..i r

22%
65 %
.%
1

Fedders Mfg

34

%
4%
3%

Federal Match units
Federal Motor Tr_.»
Fed Screw Works-.*
Federated

Dept Sts *
4%% preferredlOO

f

Gen

24%
86%

1

17%

.1

21

,

4%
350
4
14
6%
6%
25

35
1%
4%
3%

25
88
18%

50

Fiat Am dep rets—
Fidelio Brewery—.1

9

11
i

%,

Filene's(Wm)Sons .*
Finance Co of PalOO
Firestone Tire & Rub
Common
10

6% pref ser a-100
First Nat Stores—*

FIshman (m h).__*

$7 preferred-.100
Fisk Rubber Corp.l

6% preferred--100

24
24%

18
137

144

Gen

99
42%
7%
95
11%
72

d & d com

•

FlintkoteCocom-.*

*

Florence Stove

Florsheim Shoe com*

100
43
9%

11%
73

12%
30%
30
35
18

40"

6% cum

cl a pref part--10
Hamilton
Watch._*

17%

13%
31
32
36
19%

*

Fohs Oil
*
Follansbee Bros—*
Preferred
100

78%
124%
50%
123%

122%
50

122%
10%

*

6%
34%
70%
37%

*
Class a--.-----*

preferred--100

-*
Preferred
25
General Print Ink- -1
$6 preferred
*
Gen Rayon a stk—*
Gen Ry Signal
*
6 % preferred- -100
Gen Refractories.-"

Gen Plastics-

10%

107%

Hartman Tob

31

15%
18

23%

99%
24%

preferred-.100

Rub—5
6% cum pref a100
Genessee Brew a—1
Class b com
1
Gen Tire &

4%

A*
1%

1%

Mach

5%
22%
5%

el*

50
5

14%
4%
23%

15%

45

5

70

22

Class b

*

22%

2%

*
*
*

1%
85c

1%
90c

Fort Pitt Brewing-1
Foster Wheeler--10

pref

*
Foundation Co
1
Foreign shs a...*

27%

90

Preferred

3

4

2%

3%

2%

30

50
Worsted.50

Preferred

Goodall

3%
24%

*

37%
108%

50

a. *

Franklin Process...*

Gorham Inc

Franklin

$3 preferred
*
Gorham Mfg v t c_*

Rayon
1
Franklin Ry Sup—*
Franklin Simon see

30%

Freeport Sulphur.10
French Investing--*

com

Grand
Grand

Units

Brewing com

$3

Fuller (g a) co—
Common

Granite

1

6% preferred
20
Knight-.*

Gratcn &

prmeited

$6

conv

Houston*
Co_ —*

pref

Gannett Co

$6

conv

*

80

*

95

Gardner-Denver— *

$3 conv pref—20

13

59

Garlock Packing—.*
Gar Wood Indust—3

39
6%

Gaylord Container. 5
6% conv pref. .50
Gen Accept ce Corp

18%

Class

a

51%

101
13%
65
40%
6%

19
53

6

Conv preferr ed_20
Gen Alloys Co
*
Preferred

General

2%
5

3%
6%

American

Transportation-.5
General Baking
6
$8 1st pref
*
General Box Corp.l
5

58%

9

General Cable

*

Class a

7% preferred--100
5

Gen Candy a

*

26%
28%

11%
70

26%
30%

(Ohio)-*

17 %
34%
70
11

2H

2%




21

5

6

1

26%

Engineering

35

Guantanamo

74
11%

Guardian

com

Sug.

k Last sale,

n

Nominal

*

100

8% preferred
Coal

1

27%
2%

22

21%
%

22

14

17%

1

17

18

r

5c

25c

Canadian price,

3%

83

1?8*

t"
21

9*

JK

.

9%

51

107%
12
14

104%
7%

109

12%
14%

'8%

85%
11%
23%

92
88

com

100

Horn (a c) com
1
Prior preferred. .5
Horn Hard't(ny).*

6% preferred. .100 k
Statler com.*

104

Wi

.*

37

10%

*

Interstate Dept St's*

deceit)
20

33%

Houdaille-Hershey-

5% preferred. .100

Vot tr ctfs

1

25

com

9%
Ifi
§8

2

23

li#
76

M
15

79

5%

Equipment

Irving Air Chute
Irving (John) Shoe.l
Preferred

w

w._25

Jackson (Byron) see i
Jacobs (f l) Co
1
Jantzen

Mills

5%

10

•

12

10

10%

17%
20%
2%

21%

12%

14

18

3%

■B"

4

4%

Knitting
*

com

Jarvis (w p) Co-.-l
Jeannette Glass
*

Jefferson Electric..*
Jefferson Lake Oil %

26

1%
20%

25

Jenkins Bros
Tea

*

Johns-Man vilie

7 % preferred. .100
Johnson Oil Ref
*

%
21

3

7

10

IVK

73
105

M

74
106—

130

3%

~4%

Johnson Tin Foil

6 Metal

100

70

common.

100

7% preferred-.100
Joslyn Mfg & Supp.5
Julian & Kokenge..*
Kahler Corp
100

2

"2%

UK
63

38%

41

45
23

21%

63%

125

Kalamazoo Stove &
Furnace com

10

*

1st preferred.-100
Hubbeli (Harvey)_5

103%

ii*
ll%
32

10%
8

Hudson Mot Car.

69%

71
107

6%
20
8

16
38

Us$
69%

Fibre

5

Hunter Steel com..*

6% preferred
20
Hupp Motor
1
Hussmann-Ligonier *
Huylers Inc—
1

7% pref unBtpdlOO
7% pref stmpd 100

3%

§*

kc Stk Yds Me. 100

50

54

Preferred..—100
Katz Drug com
1

90

94

Kaufman
New

Dept

common

1

5% conv pref.100
Kaynee
10
Preferred

100

Kayser (Jul) & Co_5
Keith-a1 bee-Orph—
7% conv pre* 100
Keith (Geo c) co—
7 % preferred- -100
Keller

p

Kellogg (Spencer) see
Kelly Springf'ld Tire

13

M
5%

9*

6

6%

4

4%

St's

IV
2

x Ex-dividend.

18%
%

19%

Kane Carburetor. _*

Finance

Houston Oil Field
Material com

Howe Scale

17

28%
3%

Interstate Home—

Steel

17

27%

3%

Int Vitamin Corp.-l
Interstate Bakeries*

Jonas & Naumb'g2%
Jones & Laughlin

2%
4%

14%
50%.
4%

1

Preferred

96

Horder's Inc

t New stock,

Corp

Jewel

87

56%

134%

Television

Iron Fireman vtc.

8

Common

Silver

56

22

5

Common

3

50

Internat

46

_

8..

30%
25

7% preferred-.100

w

*

3%

Internat Shoe

Intertype Corp

Hummel-Ross

J

*

Interstate Hosiery

Humble Oil & Ref.. *

&

2%
1

37

3%
Nov. 14

72

Int Safety Razor b
Internat Salt

93

_*

27%
27%

100
1

Preferred
Internat Radio

21

$1.50 conv pref-20
Houston Oil (Tex)

Grumman Aircraft

17 %

3%
7%

49

3

25

*

14%
50%
4%

*

18

see

&H
132

Internat Pulp

90

b

3%

..*

23%

(c e) Co a—*

48

Internat Prod

10

Common

1950

60%
159%

Petroleum

Coupon shares..*
Registered shs
*

pref. .100

preferred. .5

conv

Household

Western

Power com__15

Warrants

$5 preferred

35%

68

Brew 5% % pref-.
Groc store Prod.25c

9%

Chem

*

Griesedieck

105

Spencer

137

12%

2
,

Paper

Int Text Book

5

135%

20"

6

Radio

7 % preierr< d
100
Greendale Minerals*
Greenfid t'p & Die*
$6 preferred-.100
$1.50 preferred.. *
Green (h l) Co
1

a*

57%

(Can)-.*
pref--100

5% conv pref. .100

10

32%
16%

27%

cum

8

*

;r%

Int Nickel

International

100
Hiawatha Oil & Gas

*

37
15
28

24%

157

7% preferred. .100

Class a

7

21

*

Industries cl a__*

Internat

Class b

13

£1

12

26

33

A*
60

Match

Realization

10

38

2

7% preferred.-100

39

...

25%

25

Pap

Oil

Without par value,

9

38

Nor

Int Harvester—

25

Heyden Chemical. 10

Preferred

127%

23

Publishing pref--*

41

Hotel

59% Group No. 1 Oil...* 1750
1
9% Group No, 2 Oil
Gruen Watch
1
.140
Preferred
20
25
1.10
4%

4

5

103%

Great West Sugar. .*

Great

Gulfboard Oil..
*

126

7*

133
1.00

General Bronze

102

55

Hooven & Allison -100

69%

(l)
&
Bros
Greyhound Corp..*
5 % % preferred-10

Texas common. .5
Preferred

100

Chemical com. 100
Preferred
100

Greif

10

Gen'l Amer Oil of

100

Preferred

Hooker Electro

Great Lakes Term

w'house

Powder._*

Hormel & Co com..*

com

Great Lakes 8s

Inc—

pref

24

20

Mach..10

Sewing

Int Cigar Mach__

Internat

100
Holt (h) & Co a.

Tea

1st preferred-.100
Great Lakes Dredge
6 Dock com
*

13%

35c

%
16%
87%

Holly Sugar
7 % preferred

4*
10%

Non vol

ii'

25c"

110%
159%

%

Holophane Co
26

38

26

185

Int Business mt

7%

no"

Common

19%

Gt All & Pac

8%
7%
24% Dec. 22

16%
85%

Hollander(a)& Son 5
Holland Furnace._*
$5 conv pref
*

11

*
Agricultural.
7% prior pref. 100

Interlake Iron
Int.

International

7% preferred—.21

6%

10

Station com

(Robert) com.l
$3 Preferred
10
Gallager&BurtonA 1

Gair

11

11

*

Hoe (r) class a..10
Prior pref
65

¥■

$1.80 prior pref—*
Gray Telephone Pay

Fuller Mfg com
1
Gabriel Co cl a—*

Galveston

.-100

.

4Z/

4

8%

Hershey Creamery. *

Hires

28%
92%

Internat Educational

1

Hiram Walker

18%

City St'l.

Grant tw t) com.10

$3 convertible—*
4% conv pref-100

Gamewell

pf_.*

cum conv

24

134

$1%

95"

Internat Button Hole

5%

5
22

133
20

>

Granite City Pig
Iron common-10c

1

Fuller Brush com—5
Preferred
100

29%

48

3%
107%
29%

7%

Hinde & Dauch

1

Grand Union

Fuhrman & Schmidt

1

6% preferred..100

Class

5

Varn.*

Raps

Hercules

$5

Rapids Brassl

Preferred

Fruit of the Loom

Oil

Common

20

119%

Intercont Rubber. _*

25

Hercules Motors

18

Grand Nat Films. .1

Fruehauf

w._25 k

w

Hilton-Davis

7y>

Partic

pref 15
Trailer.-1

com_2

Bart & Co com.25

•

Malt common—1
conv

e)"

(w

Hibbard

10%

7% preferred..100
Graham-Paige Mot 1

6

h end rick Ranch

56

Gossard (h w).—*
Gotham Silk

Hosiery com

100

Froedtert Grain &

106

Common

2%

Industrial Rayon..*

Internat'l Metal

Common

72%

r

10*
25^

6% preferred—100

5%
46%
3%

Preferred
r

Canada

Preferred

Sugar---*

2%

10

9

25
7% non-cumpflOO

110

1%
1%

%

100
1

7

a

Heywood-w akefield

37%

1st pref
Preferred
Indus Machine

Int Mercan Mar

Preferred

Goodyear Tire &

Fox Film class a—.*
Fox (Peter) Brew—5
f-r Publishing
*

4

1

Indus Finance vtc .1

3

Preferred xw
Helme
g w)

65

4%

b—

Rub'stein..*

Hewitt Rubber.

25

64

—

Rubber com
$5 conv pref
*
Goodyear t & r of

Four Wheel Drive. 10

13

3%

*
»

Ingersoll Rand
*
6% preferred-.100
Inland Steel
*
Interchemical Corp *

50c

Hershey Chocolate.*
$4 conv pref
*

98%
2%
2%
32
46

42

Good Humor Corp
Goodrich (b f)

$5 preferred
*

#

*

Goldblatt Bros

Foundation Co
of Canada

97

fo*

Class

5

Helvetia

"2%

7%
8%

Indus Accep Corp—
Cum pref
100

8%

Royalties

Goebel Brewing-Golconda Petrol..

28

88

Class b

1%
5%
6%
4%
74%
3%

Motor

Hendey Mach

28%
9%

22%
23

Ford Motor France
Am dep rets

9

Gobel (Adolf) Co-1
Godchaux Sugar—
Class a

*

6%

IK

15c

5c

Terr Ilium

7

Preferred

24

48%
6%

7

*

Class a

Preferred

■

*

6%

Corp com.3

Qlftss
Heller

Pipe Line 10

5%

Hein-Werner
Helena

9

7

5

Parts

♦

Globe Wernicke—*

3%

7 % class a pref.25
Hecker Prod com__l

61

2%

3%

6% conv pref. .50

Helleman Brewing

52*

58

4%

Ford Mot of Can 100

Francisco

22%
6*

14

5

Am dep rets ord..

conv

7%

13%

100
*

Ford Motor Ltd—

$7

9

*

Preferred

*
2

$7 preferred
Hayes Body

Hazeltine Corp
*
Hearns Dept Stores
Common
5

*

Giddings & Lewis.-2
Gilchrist Co
*
Gillette Saf Razor.*

Glidden Co

30c

1

12

Hearst Consol Pub—

4 % % conv pref 50
Globe Knitting..2%

com...

com

28

27

*

Glen Alden Coal—*

Preferred

2

J*

50
50
*

Gleaner Harvester.*

Foote Burt

~r%

%

5

Common

$3 pref
*
Indiana Limestone .1

24

1%

Hazel-Atlas Glass.25

$5 conv pref—

4%sconv pref-100
Bros Gear &

6
4

72

*

Common

Giant Portland—

Food Machinery—10

..5

11%
1%
4%

$7 conv pref
*
Hawley Pulp & Pap

5

3

10

Indus Brown Hoist—
1

Class b

50

Georgian (The) Inc *
8% class a pref. 20

%

*

6%% pref ww 100
Hathaway Bak a__*

5%

"l%
70

Hat Corp class a..1
Class b n-v
1

108

107

1%

20

HaskeliteMfg

15%

Motocycle..*

Oil non-vot a

Schaffner

and Marx

2%

21

Indian

150

100

Hart

Gilmer (l ii)

Foote

7

90

—*

Indian Refining.-10
Indiana Steel Prod.l

7
61

4

27

31%

Tool

Indiana

"7%

6

39%

15

31%

138%
6%

58

com

Preferred

£1
Pneum

16

30%

Am dep rets ord

Independent

Preferred

*

~1 %

15%

Indian

27

31

*

com

$5 preferred

10%

30%

$6 preferred

imperial Tobacco
of gi Brit & Irel'd

100
HarnischfegerCorplO
Hart & Cooley
25
Hartf'd Rayon vtc.l

Potter

*

Gimbel Bros..

27

16%

100

97

6% preferred.-100
Harrisburg Steel
5
Harris Seybold

38%

-*
Instru—*

Preferred

Imperial Pictures..1
Imperial Tobacco
of Canada com..5

Indiana Gas & Chem

Harvard Brew

10

i

w

Refractories

Gen Time

Gilbert (ao)
Preferred

*
*

35 cum pref

85

*

Gibson Art

imperial Oil Ltd-..*

7

h ar bison-walker

6%
38%

Gen Theat Equip.

Follansbee Steel—
New

Hanna (m a)

Gen Steel Casting—

pref

7
39
25

50

6%

7% Dec. 2
16%
16%
17
16%
1%
1%

£1

9%

108%
7%
40%

107

cum

Preferred

39%

26%

23%

pref.-100

6%

100

77

pref.-100

$6 conv

Indus rets

6%

Imperial Chemical

105

100

10

Hammond Instruml

19%

95

Gen Optical pref --*
Gen Outdoor Adv't'g

6%

12

28"

27

100
10

Ideal Cement
Illinois Brick

2%
24%

i

23%
106%

Registered shs—*
3%
15%

100

$6 preferred

113%

2

Hygrade Food Prod5
Hygrade Sylvan—*
6%s conv pref—*

26
3

Mfg—

Common

Motors..10

$5 preferred

2%
11%
8%

7%
10%

Hammermill Paper—

Machinery—*

Cement com

Flour Mills of Am—»
Preferred

preferred--*

General

FitzSlmons AConnell

Fla Portld cem u t s_

Hamilton

39%
112%

4% % preferredlOO
General Mills
-*

6%

24%

24

14

Household Utll
--*

Common

Field (Marshall) see "m"
5th Ave Coach—25
20

14

3

Common..

Corp.

g Trading
Preferred

Gen

iH

18%

104

Corp—*

22

.-100

12%

i

Exting—*

5%
8%

*

Hajoca Corp..

Hall Lamp com
*
Hall (w f)Print'g 10
Haloid Co.
5

17%

Fireproofing—*

Gen Foods

4%
43%

Preferred

7% preferred--100

%
2

25

& Alabaster Ltd. *

Ask

Per share

Per share
40
39%

Gypsum Lime

Ltd—

Elec

Common

Federal Compress
& Warehbuse.,25

Ferro Enamel

General

18
4%
335
2
10
6%
5
19

5

3%
43%

General Electric—*

Gulf Oil Corp

23%
130

127

Crude Oil--2%

Gen

$4.50

20%

Federal Bake Shops*
Preferred
30

22%

*

7 % preferred- -100

Gen Fire

29%

r

c common

Fanny f'merCand.*
Fansteel Metallurg *
Farnsworth Televis*
Fashion Park com.*
Preferred
*

Gen Cigar common

Am dep rets reg £1
Gen Finance Corp.l

16%

New common

v t

10%

10%
2%

Fairchild Eng & Air 1

Bid

Par

Stocks

Ask

Bid

Par

Per share

Per share

Fairchild Aviation-1

Stocks

Ask

Bid

Par

Stocks

87

STOCKS

MISCELLANEOUS

&

possible for the closing day o Ithe month preceding the date of issue

Quotations for all securities are as near as

11
99

3%
70

AT*
105
4.%

14%

85
15

87

95

21

Dorian Color

Film

Common

20

5

1
8"

1%

88

INDUSTRIAL
Quotations for all securities

Stocks

Par

Bid

Ask

&

are as near as

Stocks

Par

Bid

Per share

Kellogg Co.
*
KelloggSwitch & S _*
5% conv pref.100
Kelsey-Hayes Wheel
Conv class A.

1
1

B

Class

Kendall

Co com

56 part pref A

*
Kendall Refining.10
Kennedy's Inc
5
51.25 conv pref—*

25 %

26%

88?

12%
8%
6%

13

90

93%
15%
5%
15%

8%

5%
14%

Ken-Rad Tube &

Lamp A
♦
Kerlyn Oil cl A
5
Key Co common..*

Keyes Fibre com..*
*

Class A

8%
3%

9

*

Kimberly-Clark

*

Kingsbury Brew___l

King Seeley com._l
Kingston Products. 1
Kinney (G R) Inc.-l
$5 prior pref
*
58 preferred
Kir by Lumber—100
Klrby Petrol
1
Kirkham Engine &
Mfg Corp
Klein (D E) Co...

8%

22%

8%
2%
2%
15%
32%

40

60

3%

7%
12*

Kleinert Rubber. .10
Knitted Padding.,

13%
8%

10

Knott Corp
Kobacker Stores

llH

1
*

Cum pref 7%.100
tKolster-Brand Ltd

Amer shares

14%
72
1

£1

Koppers Co 6%pfl00
Kresge Dept Stores 1
4% preferred
100
8% preferred.. 100
Kresge (S S) Co.. 10
Kress (S H,»
*
Special pref
10
Kreuger (G) Brew.l
Kroger Grocery &
Baking common.*
Kysor Heater
1
Laclede Steel

69

105

Lago Petroleum

1
*
100

Lakey Fdy & Mach 1
*

__1

7% preferred. .100
1

*

Class 13

*

LaSalle Ext Univ. .5
Lautaro Nitrate A_1

Corp—
6% preferred. .100

Lawrence Portland
Omient
100
Leath & Co com—.*
Preferred
.*
Lebanon Steel & Iron

__5

Lefcourt Rlty Corp

1

Conv pref
*
Leh Coal & Nav—*
Leh Portl Cement.25

4% conv pref.100
Lehigh Valle* Coal *
6% cum conv pf 50
Lehigh & WilkesBarre Corp
*
Lehman Corp.—See

125

3

3%
16

%

26%
4%
60

28%
_

14

14%

16

17
14

42%
7%
55

62

2%
%

2%
%

29

31%

15%

17

2?^

25

3

3%
30%

3%
30%
1%
10%
3%

1

9%
3%

23%

23%

112

118

%
2%

%
3%

20

24

32

79
7

81

100

1
Le Tourneau (R G)1
Ley (Fred T) & Co.*
Libbey-Owens-Ford*
Liberty Baking
*
100
Lib McNeil & Lib.*
Life

Savers CorP--5
Lig & Myers Tob-25

25

7 ^preferred. -100

27

1

1

*

pref

1%

*

.

Oil Corp..*

2

2%
19%

54

36

101%
103%
170

16%
39%
4%
29%

101

17

19

12%

1.40

7%
60

~x&
62

1

17%

17%

,35%

Master Electric

7% preferred-.100
May Dept Stores. 10
May Hosiery—

49%

26%

46

Oil Co

12

Preferred
100
McCord Rad cl A._*
B

*

McGraw Electric
1
McGraw-Hill Pub.*

6%
90

7%
1%
10%

10

com

Mfg

*

McLellan Sts com.l

17 M

17%

Lion Match....—*

Lion Oil

Refg—\—*

Lipton (Thomas J)—
Class A
...1

9%

X*

20
12

_

6 % preferred. _.25
Liquid Carbonic—*
Liquidometer Corp 1
Lit Brothers
Preferred

*
100

Loblaw Groc Ltd A* r
Class B
* r
Locke Steel Chain.5
Lockheed Air Craftl
Locomotive Firebox*
Loew's Inc
*

56.50 cumpref..*
Loew's Bos Thea.25
Loft Inc.—
*
Lone Star Cement.*

*

No par

value,




13%

21% Dec. 23
19
18%
3
3%
2
2%
36

24%

?§*
si*
54
105
13

8%
160%

7%
9%

25

16%
11%

12

17%

51

70
67

*

128

132

10

10

com

Preferred
Mellins Food

65

Shoe

*

50%
6%

51%

26

16

27
10
18

86

89

Sec Co class A. 1

*

5%

4%
26

Transportation. *
Merchants Refrig..*

18%
8%
84
28%

156

30

28%
38%

Mfg. .100
100

6%
24

_

_

_

_

*

6%% pref A100
*
Messenger Corp
5
Mesabi Iron

5

62

28

Machine

Metal Textile Corp
Common
25c

"Partic pref'ence.15
Metal & Thermit..*
Preferred
100

t Named changed to Omar, Inc.

4%
65

6%

7

4%

%

Nelson

20

60%
80%
12%

-

-

36%
%
7

7

7% preferred.. 100
New England Lime
units

*

6%% pref—.100
*

com

N J Worsted

pf__100

Arizona Land

,*
*
*

10

12

8%
58%
13%

13%
50

16%

Dec.

1%

N Y Dock
non-cum

*

pf

*

Founders shares. 1

7%
42

7%pref_

100

N Y Transit
Nicholson File
1900 Class B

5
*

1

f
16%
14

91

87

4

3%

30

29

8%

8%
61%
25%

Niles-Bement-Pond *

100

58

Murphy (G C)
*
5% preferred.. 100
Murray Corp
10
Murray-Ohio Mfg.*
Muskegon Piston
Ring com
2.50
Muskogee Co
*

109

59%

Noblitt-S parks
Netfna Elec Corp

5

25%

1
North Amer Avia__l
North Amer Car..20
56 preferred
*

19%
2%

19%

39

40

5%

5

North Amer Cement

Common
Class A pref
Class B pref

12%
8

100

1

1

1

14%

North Amer Rayon
Com class A
*
Com class B
*

2%
24%

*

6% prior pref..50
No Am Refractories

System

conv

Class

A
B

1%
2%
5%

2%

21%
21%
44%

22%

is

224
4

*

Class

52

*

6% % preferredlOO

%
20

North Central

14%

14%

Texas Oil
5
No European Oili.l
North German Lloyd
Amer

Nat Automotive

Fibres com
1
Nat Aviation __i_.5

7%
14%

tNat Baking com
1
6 % preferred. .100

55*

31S
il*

25%

N'west

30}f

National Candy... *

Norwich

93

97

Nat Casket

Novadel

170

%

%»

Yeast

100

12%
24%

13

26%

6

4%
14%

16

49

51

4%
32%

Nor walk Tire &

Rubber

National Bronze &

5

36

4%
35%
37%

*

29

30

...*

7 % preferred

Aluminum Fdy..*
*

3%

shares

8% Northern Illinois
Finance Corp
*
14%.
25
5% North & Judd
Nor Paper Mills..10
59
32% North Pipe Line.. 10
*
% N'west Engine

38

Pharm

Agene

50

57

k Last sale,

9

4?*

3%
7%
7%
16%
13%

$5

13

1%

1%
16% J
24
46

N Y Merchandise. 10
N Y Shipbuilding. .1

11%

25%

51*

N Y Air Brake._._*

Moxie Co class A
*
Mueller Brass Co._l

t Company in liquidation,

9

7

P.x
95

New Mexico &

New Process Co
N Y Auction.

com

36%

114

New Idea

6%
4%

57 conv pref
*
Munsingwear Inc..*
Munson SS pref A.*
Preferred C__

""%

%

Preferred
100
New Bedford Rayon
Class A
25
New Britain Mach. *

Newport Indus....1

Preferred

7%

5

18%
15%

1

6

5%

Cord¬

common

92

..10

5

68

106

Bedford

age

60

Mullins Mfg Corp—
Class B
l

3
46

67

5% preferred..100
New

New Hav Cl com..*

7% preferred..100

14%
4%

35

27

Nat Bellas-Hessl

13%
3%
52

*

Common

94%
142%

10

Nat Biscuit

10*
40

Newberry (J J) Co—

—

36

pf A. 100

Battery pref._*

10%
36

Nestle-Le Mur cl A *

22%

(Conde) see C
Acme Oo.i
l

2

1%

com.

8%

15%
59%
20%
3%

21*

31%

Twist Drill

Spec cl A

75

56%
15%
56%
19%
3%
1%

*
1

40

(Philip)

Finance

80%
11%

*

conv pfd 100
(Herman)
5

%
39%

123

65

18

_*

Neptune Meter A..*

38J

A*

*

Nebel (Oscar)
Preferred

%
48

Products
*
Mot Wheel Corp. .5
Mount'n & Gulf Oil 1
Mountain Prod
10

Nat

14

1

Mesta

4%

Navarro Oil

Conv preferred..*

Nat

53

.100

Nazareth Cement-10
Preferred
100

180

162

10

Nast

50

.1

8% preferred.. 100

25

14

27%

pref—100

Cotton

52%

%
6%

23

Messer Oil Corp

13%

52
28

12

7
81

pr

10-year 52 pref. 40
Nat Tea common. _*

Nehi Corp com
Neisner Bros

154

21

com

115%

*

117

Scott

111

*

6% preferred.. 100

Merrimac

2%

Ward

Mergenth'ler Lino.*
MerrimacHat
.._*

Preferred
100
Merck & Co com._l

37

£y'

115

48
,

113%

Common

15%

55*
60

Naumkeag Steam

3%
3%

Monumental Radio 1
Moody's Invest Serv

conv

*

Nat Transit
12.50
Nat Union Radio.. 1
Natomas Co
»

Class A

& Co Ltd

...

National Tool

7

2%
2%
40%
1%
109%

pref..25
Myers (FE)& Bros.*
Myles Standishw t c*
Nachman Springf__*y
Narragansett Rac'g 1
Nash-Kelvinator ..5

.

Preferred

9

Montgomery

Mutual

27

Merritt, Chapman &

54%

ser A
*
Cum pref ser B._*

Preferred

Merchants & Miners

Preferred

5%%

5%

Muskegon Motor

24%
22%
13%

108

54.50 pf

Preferred

Merchants & Mfrs
Partic pref

Nat Shirt Sh Del..*

7% preferred. .100

Murphy Varnishl65

"1%

10

9%
13%
45%
7%

14

\X

12

Conv part pref..*

4%

4

Motor

60c

McQuay NorrisMfg*
Corp com
*
56 preferred serA*
55.50 pfserB ww*

*

Motor

11

McWilliams Dredge*
Mead

*

Preferred

ll%

8%

*

Nat Sugar Refg.

Amer shares
Mortbon Corp A..1

92

10

45%
8%
10%
20%

17
11

8%
3%

Machinery. .100
Mtge Bk of Colombia

20%

90%

25

Nat Safety
12.50
Nat Screen Serv
»
Nat Service Cos
1

&

95
30

pref.100

10

Monroe Loan Soc A1
Monsanto Chem__10

Morse

10

T%

10

7
93
8

7

Refining

Nat Rub Mach

14%

20
2

Morris

89

50c

I*
if*

Nat

56

5%
17%
1%

Preferred

20%

Lindsay Lt&Ohem 10

*

6%
14%
15%

Nat Supply (Pa)..10

Morris Plan com 25c

.12%

6

15c

22%

5%
.*

5
3

\*
%
4%
4%

33

Moore (Tom) Dist.l
Moore Drop For A.*
Morrell(John) & Co*

McColl-Frontenac

J*

4

5c

30

part pref
*
Moore Corp corn..*
Preferred A
100

49

ll*

*

21

49%

32

31%

*

100

Moloney Electric
Molybdenum Corp 1

Bank

Mercantile Stores. _*
Preferred
M00

preferred

36

4

3%
35

30%

Radiator

Nat

52

Common

164

9

27%

57 preferred

40

39%

Morris Plan Indus

24

Line Material.—. .5

57%

93

51
2

Link-Belt Co
Lionel Corp

6

See Textiles

Maytag Co
*
1st 56 pref
*
53 cum pf ww ..*
$3 cum pref x-war*
McCahan Sugar
Refining pref. .100
McCall Corp
*

*

6%% preferred. 10

100

National Supply—

5%

163

Natl Pump com

14%

Monroe Chemical

36%

Masonite Corp
*
5% A conv pf_100
M ass ey-H arris
*
Preferred100

100

14

Preferred

1.25

19

preferred .50

84%
111%

83%
105

Common

5% preferred.. 100
National Pressure
Cooker com
2

52.50

Mo Portl Cement_25
Mock Judson & Voe

Monolith Portland
Midwest pref. .10^

36%
5%
56%
113%

Parry Corp *

Mercantile

7%

100
Nat Standard
10
Nat Steel Car Ltd.*
Nat Steel Corp
25

Portl Cem
Common
*

35%
12%

Mead Johnson

4%
23

Monolith

23

McKesson-Robb'ns 5
53 conv pref
*

54%
%
3%
6%
36%
102%
104%
175%

%
2%
6%

3

2%
2%

5% % preferred._*
Nat Oil Products-.4
Nat Paper & Type—

5%
%
11%

1

Monogram Pictures 1

37

18

conv

12

11

5%
%
10%

5

Class B

Monarch Mach T'l *

97

100

com

preferred .100

56 preferred

3%

8

Prior

21

34

6%

25

1.50

Proper..

Lincoln Service. .100

2%

Preferred
100
Marlin Rockwell-.1
Marshall Field & Co*
Mar Tex Oil vtc
1
Martin (Glen L)
1

McKInney

2

1
25

169

27

8%

7

3%

Mengel Co
1
5% conv 1st pf_50

*

Wks_*

Printing-..*
53.60 preferred--*

4

4

Plate

Nation! Malleable &
Steel Castings
*

6%

Mississippi Glass—

Common

*

Marion St Shov

Class

2

1%

1

1.35

Melville

Locom

Lincoln

11

27%
137%

65*
9i

17

Pipe Line A

13f

#

102

27

165
137

Nat Lock Washer_20

Nat Licorice

Preferred
100
Modine Mfg com—*

2

34%

*

...

54.50 conv pref__*
Lead.-.10
7% pref A
100
6% pref B
100
National Leather. 10
National

12%

120

100

Oil

%
12%
16%

1

108

Minneap-Honeywell

Mission

20%
2%

2%

109
15

com *

A common
B common

30

39%
4%
30%

Lima

10%
1%

A

Nat Fuel Gas
..*
Natl Gypsum com

Nat Mfrs &Stores._*

ser

8%
5%
28

•gM

106

Missouri Kansas

1

Martin

(I) Sons

Pref 6%%
Minn Brewing

4% pref

1

7%

Food Products

28

10

*
B.100
Minn Min <& Mfg__*
Minneap-Moline
Power Implem 1
56.50 cum pref..*
Mission Corp
10

2

Manh-Dearborn

Oil

111""

109

100

*

Regulator

18

Lily Tulip Cup

41%
18%

115%

27%
107%
14%

Conv preferred. _*
Miller

Radio &

conv

Fireproofing. .5

Nat

4%

Supply common.*

100

9%
1%
%
6%

Nat

Oil

Miller & Hart—

8

7%
31%

3%

7

13%

10

Nat Dist Prod
*
Nat Enam & Stpg_*

Midwest Piping &

5

2

31%
1%

Corp—
pref
*

*

6% preferred

Midland Steel

29%

41%
18%

7% pref class A100
7% pref class B100

4%
1%

n2%

23

McKeesport Tin

Inc

Preferred

1

20

45

McOrory Stores
1
Conv 6% pref.100

30%

4%
1%

Midwest

Math'son Alkali—.*

9%

*

com.*

n%
13%

Class

*

conv

25%

11

Nat Dept Stores

Pet—

States

Mid-West Abras.50c

*

Option warrants..

4%
16%

10

_

Scrip

123

Preferred

corn..

_

Mid vale Co

5

5% Margay

Dec. 21

12

Le Roi Co com—10

33

1

Manufac's Trading 1
Mapes Cons Mfg..*
Maple Leaf Mill.. *
Preferred
100
Maracaibo Oil Exp.l
Marathon Paper. .25
Preferred
100

16

*

31%

Razor com

Major Marketing.. 1
Mallory (PR)
*

4%
16%

1

com

Products

Manning Bowman

11%

Common B

MacWhyte Co—
8% preferred
Macy (R H) Co Inc *
Mad Sq Garden ._*
Magazine Repeater

17

11

4 %% pref

—*

3%

Class B vtc

52

34

Mack Trucks Inc.-*
MacMillan Co
*

56

Trusts.

Stores

Preferred

2%

8% 1st pref...100
52 n-cdivshares.*

33

Macfadden Pub—*

16%
108%

Lehn & Fink Prod.5

Lesslngs

100

23

Co

54"'

Leland Electric
*
Leonard Oil Devel 25
Lerner

6%% pref—100
Lynch Corp
5

Manhattan Shirt_25
Manischewitz
_*

15%
%

Products

6

20

Lawbeck

Investm't

4

6% preferred.. 100
Macfadden Newsp.*

*

9/L
2%
8%
%

25%
6%

Nat Cylinder Gas__l
Nat Dairy Prod
*

15c

Class A vtc

108%

50

MacAnd & Forbes 10

5c

Ask

Bid

Nat. Cash Reg
*
Nat Container
J Del) 1

5

Mlckelberry's Food

Midland

Common

20%
5%

Preferred *—,--50
Lanova Corp
.1
Lanston Monotype
Machine Co. .100

24

106%

3%

Lunkenheimer

1%

10

Mid-Cont Petrol
Middle

3

55

JLangendorf United
Bakeries—
Class A

22c

Mangel Stores—

Landers, Frary &
Clark
25
Lane Bryant Inc..*

21%
148%
1 %

18

Lukens Steel

5%

|

%
2%
7%
%6

Sugar

Preferred

100

Mandel Bros Inc..*

5

5

Michigan

Airpl_50c

12

20%

21%
146%
1%

Par

Per share

%6 Dec.

Mich Bumper
1
Mich Gas <fe Oil
1
Mich Steel Tube_2%

Valve—

& Co common

Milling

Lane Wells Co

pf_100

conv

27

Lake of the Woods

Lee Rub & Tire

6%%

Manati Sugar com 1

21%

50

Preferred

7% preferred-.100

Television

5%

41

21%
26%
11%
4%

20

105

Majestic

71

4%

1

Mahoning Invest 100

W*

70

Mexican Petrol

2nd preferred. .100
Lorillard (P)
10

Stocks

1

*

19%

Ask

4%i

Metrop Playhouse.*
Oil.4
Mexico-Ohio oil

100

Preferred

12%
27%

3%

Bid

Mexican Eagle

6

preferred ..100

Ludlow

11%
26%

15

4%
12
48

106

1st

STOCKS

Per-share

210

Ludlow Mfg Assoc.*

4

2M

4

99

2

2%

Par

11%

170

3%
6%

"I"

Stocks

47

5% preferred-.100

Luscombe

Wire common

*

Common

55 preferred—100
Longwest Corp
*
Loose Wiles Bis..25

Loudon Packing—*
Louisiana Oil Refg.*

Keystone Steel &

Lambert Co
Lanatin Corp

Long Bell Lum A..*

Lord & Taylor-.100

8

14%

As*

Per share

6

70

MISCELLANEOUS

possible for the closing day of the month preceding ths date of Issue

n

Nominal,

r

Canadian price,

t New stock.

jan., 1939]

industrial
Quotations for all securities

Stocks

Bid

Ask

Chem

7%
2%

1

Nu-Enamel

1
Nunn-Bush Shoe 2 H
Oakite Products
20

Ogilvie Flour Mills.*
Preferred

.100

Ohio Brass B

27"

'

*
*

6% preferred--100
Ohio Rubber

59

Phila Insul Wire.—*

18

Phil & Read C & I.*

13%

105
5

40

45

1%
9%

5

Preferred

2%

100

135

10
150

6% preferred.. 100
Oldetyme Distillers 1

92

95

Oliver Farm Equip.*
Warrants
Omar Inc
1

28

common

1%

1%
28%
%

"Ik

Record com.*

Phila

5%

100

Phillip-Jones Corp.*
7% preferred-.100
Philip Morris see M
Phillips Packing
*
Phillips Petrol
*
Phoenix Hosiery_..5
7 % preferred-. 100
Pick (Albert) com.l
Preferred

5

13%

14%
29

Pierce Butler Rad.5

Onondaga Pottery.*

24
8

Oppenheim Collins.*

8%
m
25%
%
26 %
131K
14 K

25%
15%
8%

Pierce Governor—*

Ontario Mfg com..*

Otis

Elevator

*

6% preferred-.100
Otis Steel..

$5.50

»

1st pf_*
Marine &

48

conv

Outboard

*

21 %
40 %

7% preferred.. 100

Outlet Co

com

Overman

27%
1%
26%
142

14%
51%

22%
45

3

70

71

$6 preferred A
$5 preference
_*
Pac Amer Fisheries 5

30

34"

6%
7
3 K

15 K
6

pac Eastern Corp..!

4

3%
15%
6%
4%

Pacific Port Cement
Common

100

1.50
45

JO

Packard Motor

*

Page Hershey Tubes

r

11%
4%
100%

Pillsb Flour Mills..*

Winterfront.l

Pines

Pirelli Co of Italy—
Am shs 500 lire—

Pitney-Bowes Post. *
Pittsburgh Brewing *
*

Preferred

pref
*
Pitts Forgings
1
Pgh Metallurgical 10
Pittsg PI Glass—25
conv

Pitts Screw & Bolt-*

Pittsburgh Steel—*
7% oref B
100
5%% prior pf.100
5% pref A
100

*
5

115

American shares.-

Pantex Pressing
Machine common*
Preferred

*

Inc..*

4% conv pref.100
Paramount Motors 1
Paramount-Publix 10
.

Paramount Pictures 1

6% 1st pref.. .100
6% 2d pref
10
Parke, Davis Co..*
10

Parker Rust

an
7%
7%

7% preferred

*

Peabody Coal B
5
6% preferred—100
Peck, Stow & WilclO
Peerless Cement

*

Weighing &
Vending com
1

Preferred

*

Pender(D)Groc'yA »
Class B

*

*

Ford

Penney (J C) Com.*
Penn-Central Air¬
lines Corp
1
Penn Coal & Coke 10
Pa-Dixie Cement- .*

*

_

Switch class A.. 10
Penn Federal Corp.*
4 % % preferred_50
Penn Glass Sand—

Penna

v

t c—*

pref

*

59%

2%
13%
103

12%
40%
14%

13%
1%
10%
97

30%
7

Class

A

6

Class

B

lc

Units

Peoples Drug Stores*
6%% conv pref. 10
Pepsi-Cola.
*
Co

25

6

%
6%

14
2

10%
100
%

50

16

*

5c

2%
25%

2%
20c

2%
29

115
90

95"

25%

26

1

8

Pet Milk

*

17

Pet Corp of Am

5

9%

8%
18%
9%

60

Reynolds Tob

53

57%

44%
6%

45

80

9%

10

B common
10
Rhodesian Anglo. 10s
Rhodesian
Selection

3%
4%
107

100
Co____*

80

Richfield Oil of Calif
Common
*

1

60

5




1

6

18%

19%

12

9

P)
.7% 1st pref—100

18

*

3

4

100

15

2%
12%

1%
56%

Root Petrol Co

1

2%
13%
1%
2%

20
*

Alegre Sugar *
*

Purity Bakeries—*
Pyle National Co. 5
Pyrene Mfg
-.10
Quaker Oats
*
6% pref erred ..100
Quaker State Oil.. 10
Chem.l

Radio Corp of Am.*

$5 pref B
*
$3.50 conv 1st pf *
Radio-Keith-Orph.*
preferred

Warrants

5

100

B

*

Rath

Packing
10
Raybestos-Manhat *
Raymond Concrete
common

*

$3 conv pref
Rayonier Inc com—1
$2 cum pref
25

Raytheon Mfg__50c
6% preferred
5
Real Silk Hosiery

17

19%

21 %

*
Roxborough Knitting

%6

%6

3

2%

Preferred.

6

Royal Typewriter.*
7% preferred.. 100
Royalite Oil Ltd—*

12%
38%
5%
10%
81%
83%
13%
10

6%
13%
38%

_

5% preferred. .100
6% preferred.. 100
7% preferred-.100
St Lawrence Corp.*
$2 conv pref—50
St Lawrence Flour

2

8

66%
2%
5%

67

52

2%
5%
2

Mills

com

Preferred

4%

4%
70
15

3

100
100

32

5%
33

33%
6%

3

4%
15%

20%

106%
4%
15%

57
17

25

105

Sangamo Electric..*
Sanitary Co of Am

23

39%

44

20

17

17%
23%
2%
%

8% preferred
San-Nap-Pak com.l

5%

k Last sale.

n

*

5%% preferred..

Nominal,

24%

2%

r

3%
90

17%

17%

33

35

Savoy Oil

4%

107

80

Schiff Co com

2

1

Development.. 10c

Class

Exp__l00 t

2%
90

Dairies-

*

A

*

Class B

South'n Pine Line 10

3%
5

5%
5%

_

50

17%

17

__*

Spear & Co
1
$5.50 preferred..*
Spencer Kellogg
*
Spencer Shoe
*

8perry Corp v t c_.l
Spicer Mfg Co
*
$3 conv pref A
*
Spiegel Inc com
2
$4.50 conv pref..*
Springfield Ice & F.5
Square DCo
1
Squibb (E R) & Son*
$6 preferred
*

70

11%
72

Canadian prise.

12

%«
%

7

37

.1%
17%

69

%
1

New stock,

x

18%

Shore Oil &

S'west Pa P L

3%

18%
2%
33

Webbing Mills.
Southland Royal..5

30

16%
1%

Sanborn Map

9

5%

17%

Spalding (AG)&Br_*
7% 1st pref.-.100
Sparks-With'gt'n Co

55

21

4%
51%

12

5

Sou

21

78

3%

20%

8

n

4

27

South

125

27

20

4

T%

17%
132%

Common

1

5
Schenley Distillers_5
5%% pref
100

~i%

So Porto Rico Sug_*

Southeast

1

Units

14%
13%

2

8% preferred. .100

25

Savage Arms
*
Savannah Sugar—1

14%
13%
3%

32%

Southern

100

r

16%

18
60

Southern Phosph.10
r

19%

22

1

5

St Regis Pap com. .5
Preferred
100

16%

103

25

96

*

St Paul Union Stock
Yards com
*_*

8

100%
19%

100

Preferred

83

St L Rocky Mt &
Pacific Co. .100

St L Nat Stk Y

—5

Works

29%

Salt Dome Oil

3%

41

Soss Mfg common_1
South Bend Lathe

66

105
r

b

Smokers Match

81%
95%
r

7

$6 preferred—100

29

Samson United

Mills common._.5

102

64

29

%

80

98

South Penn Oil

3%
%

26%
19%

2

75

Sloss-Sheff S & 1.100

South Coast Corp.-l

36

120
73

Preferred

23

11

28%
96%

12
43

100

14

43%

11%

1%
7%

60

112
'

41

13

%
1%

10
95

Sonotone Corp
1
Conv preferred-.l

$2.50 conv pref..*
Ryan Cons Petrol.*
Ryerson & Haynes.l
Safety Car H & L__*
Safeway Stores
*

150

22

%

28

72

Rustless Ir <& Steel. 1

12

20

*

56%

iVt

148

80

Common

69

87

117

4%
14

Sonoco Products—5

82

13%
10%
5%

12

Skelly Oil
15
6% cum pref. .100
Skenandoa Rayon.*
5% preferred. .100

58

Ruberoid Co
*
Russeks 5th Ave_2%
Russell Mfg— -.50

4%
115%

7% cum pref. .100
Reda Pump
*
Red Bank Oil
*

* Without par value,

2%

220

3%

Typewriter vtc--*
*
Smyth Mfg
.25
Snider Packing
*
Socony Vacuum.. 15
Solar Mfg Corp
1

14

of N Y ord shares.

3

Sivyer Steel Casting

Smith (A O) Corp. 10
Smith & Corona;

*

Rossia Int Corp

22%
3%

216

20
20

com

7

Royal Dutch Co

1%

preferred
.100
Randall Corp pt A_*

12%
15%

1

107

Ralston Steel Car—
common

pfd.20

58

22

Slrian Lamp com..*
Preferred
._*

1

Rose 5 10&25c Store

49

common

1%
2%
5%

2%
3%
1.25

49%

*

Preferred

%
10%

1%
2%

Simonds Saw & Steel

Yards

90

Corp.5

18

32%

1.05

*

1
Simon
(Franklin) &
Co 7% pref.-.100

17

5

39

*

Simms Petroleum. 10
Simon Brewery

Rockbestos Prods—

100

16%
32

*

Simplicity Pattern. 1
Singer Mfg
100
Singer Mfg Ltd
£1
Sioux City Stock

Roosevelt Field

"4%

70

preferred...*

Common

60

35

Pub

3

4

107

100

Silver Burdette—

Common

1%
%

common

12%

7%
1%

7

Ross Gear & Tool

15%
26

10

Simmons Hdw & Pt

*

conv

15
25

Simmons Co

*

$1.20

*

*

10%

B

Rockwood & Co..

%6 Dec 30
4%
5%

$2.50 preferred_30

65

20

%
1%

15

120

9

2

118"

14

109

Simmons-Boardman

15

%6

*

3%

A

Rome Cable

25

100

2

15

19%
57%
%
55%

114

Preferred..:

Prior pref

Schulte Real Estatel
Preferred
100

t Company in liquidation.

27%

Roeser & Pendleton *

42

112%

Shrevept El Dorado
Stamped
Shuron Optical
*
Signode Steel Strap'g

Silex Co

Class

Preferred

105

113 j

5% pfser AAA 100

9%
2%
3%

Class

Preferred.

7%

23%
110%

25
Sherw-Williams ..25

2%

*

_

%
28

Hoist

1

com..

Rochester Button.

11%
%
28%
38%
15%
4%
%

75

37%
14%
1%
%
104%

Warrants

3%

Richman Radiator. 1
Richmond Cedar

,

49

11

Rights
5%% conv pf.100
Shepard Niles Crane

Common..
9

2%

Preferred

4%
5%

Robinson (Dwight

%

5%
2%
20

48

*

Shattuck (Frank G)*
Shawnee Pottery. .1
Sheaffer (W A) Pen*

&

"7"

19%
67%
7%

Sharp & Dohme
*
$3.50conv pref..*

6%

108

26%

Robertson 'HH)..*
Robertson Pap Box.5

1

6%
5%
2%

Sher-Wms Can

5s

new

10

Rogers Majestic—*
Rogers Peet
,.100
Rollins Hosiery
1

*

Pure Oil Co

Pile

2%
13%

77

14%
14%
43%
19%

com..*

Inc

Rademaker

13

2%

pref

conv

13%
%
2%
17%

110

*

Shell Transp & Tr £2
Shell Union Oil
*

14%
14%

Prosperity Co B
*
Publication Corp..*
1st preferred.. 100
Original pref..100
Puget Sound Pulp &

Class

2%

53

_

Bobbins & Myers. .*
Preferred
25

Rainbow Luminous
Product A
*

1%
1%
167K

88

2

117

New

14%

40

78

5% preferred. .100

5% conv pref. .100

8%

19%

37%

_

23%

6% preferred.. 100

4%
28%

10

1

7% preferred-.100

$5

6%

22%

8

2

69%

Servel Co

71

68

7% cum pref. .100
5 % % cum pf_ 100
Reybarn Co Inc
1
Reynolds Metals..*
5%% conv pf.100
Reynolds Spring...1

21

5% preferred-.100

Timber

%

69

10

20

Steel Car—

Preferred

30

2%

Shamrock O & G..1
Sharon Steel Op
*

Preferred
100
Ritter Dental Mfg.*
Riverside Cement—

216

New

2%

1%
24%

50

unstamped-1

Pullman

19%

%
%

1%
24%

13%
1634

Producers Corp..25c

78%

13%
120%

Seversky Aircraft..1

16

8% preferred-.100

78%

15%

75c

39

Proc & Gamble

7%
57%

27

65c

36

41%

56

8%
1%
4%

1

48

39

7%

Seton Leather

*

13

Punta

35

78

Revere Cop & Br. .5
Class A_
1
10

22%

100

35*«

Riley Stoker

%

Preferred

Selby Shoe
*
Sentry Safety Con.i
Serrick Corp cl B.-l

74%

10%
19%

Works

50

Rubber.*

22

w__25

43%

.

%
9%
6%
50%

1

Preferred

16

23

71"

%
8%
6%
49%
13%
%6
2%
17%

33

Segal Lock & Hard¬

Seiberling

*

Hall

pref

Price Bros & Co...*
Preferred
100
Process Corp com..*

16

%
9%

73%
29%

73%

*

3%
16%

Warrants.

%
8%
22%
40%

3%

*

18

warrants

2d pref

4

2%

"5%

3%

Rice Stix Dry Gds_*
1st pref
100

1%

21

22%

*

ware com

rights

Richardson

%
%

19

21%

Seagrave Corp
Sears, Roebuck

19%

5% conv 1st pf..5
5% conv 2dpf__50

16

Permutit

22

$2 conv pref.... *
Seaboard Oil (Del).*

**

ordinary

1%

%
10%

19"

Com

9

164

2%
Penn Vy Crude Oil—

,1

Metals Am. *

Pressed

3%

1

Penn Traffic

com

3%
3%
13%
103%

_

Penn Sugar vtc._20

Circle

36

13

10

11%

Preferred

41

Prairie Oil & Gas_25

61

78

Penn Rivet Corp__l
Penn Salt Mfg—50

Perfect

36

33

.

Propper McCaH'm.*

25
Fuel

5
5

104

3 %

Industries—

Units

Penn-Mex

13

8%
13%

%
21%
%
%
V
%

Pressed

Peerless

conv

109

8%

*

conv

102

8%

108

Class B

28

&

Reel common... 1
Parmelee Trans
*
Pathe Film Corp-.l

$7

11

1%

Prentice

5
24

19%

Common

10%
7%

*

Pratt & Lambert--*

28

7 % conv pref A.
Penn Electric

67

8

Porto-Ric-Am Tob—

7%

19

Penick &

60

13

*

1%
7%

25

/

5%
22%

1

Corp

Potter Co

Prf_2%
Rig

2%
29

69

Potrero Sugar
Pref stamped

Park & Tilford Inc.l

Parkersburg

6%

100

Potash Co of Am...

6

7

13

6

2

w

19

21

12%

6% conv pref.100
6% prior pf A. 100
Respro Inc com
*

44%

2

.100

Class A

7%

%

27%
5%
20%
7%

Pollak Mfg
*
Poor & Co class B__*

10%

25

*

26

19

10%
99%

Rem'tn Rand com.l
Bond

pref_50

4

11%

pref. 2 5

conv

Steel

*

Seaboard Fin Corp.l
$2 cum pref w w_»

10
100

Preferred
Reliance Sveel

18

113%

25%
17%
12%
12%
1%

Seeman Bros

*

(Illinois)

B

48

113

Scovill Mfg
Scranton Lace

9%

22

8%
%
9%

Reliance Elec & Eng
Common.
5
Reliance Mfg Co

1%

40

Class A

Refg new com
1
Pantepec Oil Co—1

21

$1.50

4

24%
%

1

G)—
7% 1st pref
100

Plough Inc
Plymouth Oil

Pan Am Petrol &

Pan-Amer Southernl
Panhandle Prod &

r

(Thos

Preferred

6%

3%

*

4%% preferred _*
25

7%

1

_

Common

5

11

3%
1%
17%

*

Plant Reduction

Pleas't ValWine Col

75

Parker Pen

37

6% preferred--100

11%
4%

75

5

4

Pittsb Term Coal-.l

Polaroid

Transport
$50 par B

r

*

16%

Paraffine Co

36

%

%
7%
9%
48%

.

Scott Paper

32

i_*

Republic Steel

6%
16%

10

Mills Ltd

Pilgrim Exp!orat__l

Preferred
60
Pan Am Airways..5
Pan-American For¬

Pan Amer Match.25

2%
43%
3%

Sts.l

Warrants

5

Plant

102

28

Ask

Per share

8% preferred.. 100
Schwitzer-Cumm

99

100

Reliable Stores

2%
43%
2%

8

Preferred

Reo Motor Car

Pocahontas Fuel-100

1

50

2%

Schulte Retail

Scullin

10

50c"

B

6

32

6%% pref
Regal Shoe

40c

ioc"

Class

33%
5%

18

4%

*
100

9

*

eign Corp class A1

32

*

32c

pref. 100

2.50
50

Pairpont Corp.. 100
Palmer Bros

30

~8%

conv

Pittston Co

100

Preferred

28

"7%

8%

$5

5%

*

2

Preferred
Renner Co

6% preferred-.100

1

Pacific Coast Co. .10
1st preferred
*
2d preferred
*

2

1

Preferred..
25
Reis (Robt) & Co__*
7% 1st pref—.100
Reiter-Foster Oil.%

Pierce Oil Corp—25

Pitts Coke & Iron..*

Tire 6% pref
*
Owens-Ill Glass. 12%
Oxford Paper com.*

Pacific West Oil

5

Pkge Corp

Pitts Coal (Pa) —100

Cushion

Pacific Can

1%

Pierce Petroleum..*

8

114%

Manufacturing. .5

15

Reed Prentice com.*

Preferred
Reed Roller Bit
Reeves (Daniel)

Bid
Par

Regent Knitting

5*
27
5

Stocks

share

Reece Button HolelO
Reece Fold Mach.10

Remington Arms..*

28

Oshkosh B'Gosh
*
Conv preferred. _*
O'Sullivan Rubber. 1

2%
9%

Pictorial Paper

Oneida Ltd coml2%
Preferred
25

.

1

Ask

Per

Par

18%

9%
111%

11%
8%
9%
110%
4

Okonite

9

58

16

90

100
1

Pfeiffer Brewing
*
Pharis Tire & Rub.l

%
1%
3%
7%
9%
43%
1%
3%
10%

43%

*

7% preferred

%
1%
2%
7%

Phelps-Dodge
25
Phila Daily News. 10
Phila Dairy Prod..*
$4 preferred
*
$6 preferred
*

Ohio Seamless Tube*
Oil Exploration
Oilstocks Ltd

Conversion-1

Bid

Stocks

share.

9

14

*

Ohio Oil

27%

Ask

Per

Petrol Derivatives.*

Petrol

Petrol Heat & Pr__*

25"

24

*

Ohio Match

14

158

r

*

Ohio Forge &
Machine Corp
Ohio Leather

8%
2%

12 %
r

Par

89

stocks

possible for the closing day of the month preceding the date of issue

Bid

Stocks

Per share.
Noxzema

miscellaneous

&

are as near as

Ex-dividend.

3%

8

6%
19%
3%
39

3%
8
1

_

3%
8%
75

20

21

.2%
47%
15%

3%
48%

45

45%

15%
69%
3%
29%

16

15%

70%
30

24

26

105

107

INDUSTRIAL

90

STOCKS

MISCELLANEOUS

&

preceding the date of issue

Quotation* for all securities are as near as possible for the closing day of the month

Par

Stocks

Ask

Bid

Stocks

BtaleyMfgOo
10
7% preferred-. 100
55 preferred
-*

11^
100%

Standard Brands__»

14%
3%

3%

98%

17*

4%% conv pref.*
Tilo Roofing com
1

13%
92%
14%

104%
3%
15%
13%
94%
15%

21%

Time Inc

12%

7

81%

97^
%
15%
21%

.

Stand Gap & Seal..l
Oonv

102

80

$4.50 cum pref..*
Standard Brewing. *

preferred-10

%

Products

Tishman Realty
Tobacco & Allied

*

Stocks, Inc
Tob Prod Expts
Tobacco Secur Ltd

*
*

2%
2

iia

$1.60 conv pref.20
Stand Oil (Oal)
•

13

28%
28%
50%
17%
6%
53%

28^
28%

Stand Oil (Ind)...25
Stand Oil (Kan).. 10

m

Stand Oil (Ky).—10
Stand Oil (Neb)-.25

6%
53 y8
19%

Stand Oil of N J..25
Stand Oil (Ohio)..25

20

102

101

5% preferred..100
Standard Plastics
Standard Products _1
Standard Screw..20

~9%

Stand Silica com
1
Stand Steel Spring.5
Stand TubeclB
1

22

Stanley Works
25
Starrett (L S) Co. J
Starrett

~4%

4%

8teel Co of Can

*

Preferred
25
Stein (A) & Co com *
Preferred
100
Sterchi Bros com
*

6% 1st pref
50
5% 2d pref._..20
Sterling Aluminum
Products

Stern Bros

common

Preferred A
Stetson (JB)__
Preferred

14

5

34%

3%
75%

3%
76%

Steel

*

12%

"4%

11%
107
3%

1

Truax-Traer Coal.

7% Nov. 30

Truscon

2%

6%
3%
4

70

2%

*

10%
5%
30%
2%

10%
4%
29%
2

38
5

71%
3%

A

1

7% preferred. .100
Tung-Sol Lamp
1
80c div conv pref *

2%

*

$1.50 preferred..*

12

14

Twin Coach com.-l

Stewart-Warner
5
Stinnes (Hugo)Gorp5

12%

12%
1%

Ulen & Co com

Stlx Baer & Fuller. 10

5%

Stokely Bros
Conv pref

6

~6%

Underw Ell Fisher.*

16

Unexcelled

16%

5
9

$

25

Stone & Webster—*
Storkline Furn
10

Strawb'ge & Clothier
6% preferred—100
7 % preferred._ 100
Stromberg Carlson.*
6% Preferred.. 100
Strouss

5

6

94

96

46

48

*

*

1.25 preferred
Studebaker Corp

*

1

Submarine Signal_25
Sullivan Macn'y
*

Sundstrand Mach
Tool common

5

Bun

*

6% cum pref.. 100
Sunray Drug
1
Sunray Oil..
i
5%% cony pf..50
Superheater Co.
*
Superior Oil Corp. 11
Superior Oil (Cal) 25
Superior Portland
_

.

Cement A pref—*
Class B
*

Superior Steel... 100
Susquehanna Silk
Mills class A....1
Class B
1

Sutherland Paner.10
Swan Finch Oil... 15
Sweets Co of Am_50
Swift & Co
25
Swift Internat Ltd—

dep ctfs of bear shs
Sylvania Industrial *

4%

lb"

2%
6%
7%

3%
7%
7%
27

23

8%
8%
64%
121

9

40

82%

Preferred.,
100
Utah-Idaho Sugar.5

26%
34%
10%
4%
5%
3%
65%
1%

26 Vs
35%

12

12%
89%

9

89%

6

4

38^

39

3

*

Inc common

5

Iron &■ Steel com.*
....1
Inc.. *

41%
12%
21

100

43

13%
21%

5

10%
18%
27%
16%

2%
30

United

18

_

8

5%
36
8

44%
47

32

8

8%

1%

2

22

Term <fc Transcom.l

1%
%
%

Preferred
*
Texas Corporation 25
Texas Gulf Prod— *

47%
5%

22%
4%
6%
2%
1%

Texon Oil & Land..2
*

*
*

1%

32

9%
825

8%
3%
19%

pref..*

58

1

4

No par

value,

k Last sale,

n




114%
45

1$
%

%

Wm

Oil-O-Mat
Williams (R O)

*

Wil-Low Oafet—

Conv pref
*
Willys-Overland
1
6% conv pref—10

44

*

15

74

Willson Products..1
Wilsonite Corp
1

~5%

_

3%
66%

7?A

6%
33

a8*

65%

65 %

100

68

73

Unit Paperboard. 10
Preferred
100
Unit Piece Dye com*

7

1
_

*

5% preferred..100
VogtMfg
*
Vulcan Corp com..*
4%% prefnewlOO
3% pref new. .100
Vulcan Detinningl 00
7 % preferred -.100

8

10

7 % preferred
Woodall Indust

Waco Aircraft

*

Wahl Oo

•

Waitt&Bond Inc

A

Class B

*
*

*
Walgreen Oo com..*
4% % pref w w 100
Walker (H) Good'm
& Worts com..*

Preferred

*

Com class A
Com class B

♦
*

A

*

7% preferred..100

B

..*

Warner Bros. Pict._5

1

Preferred

100

Finishing 7 % pf *
*

$1

cum.

$3

cum

U S Ind Alochol
»
U S Leather com..*

Warren

24

5%
60%
10%

*

1st pref.*

pref

*

Pipe *
(Northam)

8

14%
2%
35%
6%
39%

3

3

Webster Eisenlohr.*

7% preferred-.100
Weisbaum
Brower

8
4

9%

Ex-dividend.

Woodw'd & Loth'plO
Preferred
100
Woolw'th (F W)_10

2*
25%
51%

2%

If*

119

50

50%

13%
42%

48

Woolworth Ltd—
Am dep rects

ord.

Worcester Salt.. 100

Preferred

100

14

102

& Mach

100
6% pref B
100
4% % conv prior
preferred
100
4%% series prior
preferred
100
Wright Aeronaut'l.*
Wrigley (Wm) Jr
*
Wurlitzer (R) com 10
Preferred

22^

*

7% pref A

100

67
59

75~"

50

54

38

39

119%

121

76
7

77%

75

80

31%
1%

32%
1%

7%

Wyoga Gas & Oil. %
Yale & Towne

25

Yates-Amer Mach .5
Yellow
Truck
&
Coach Mfgcl B..1
7% preferred..100

20%
104%

20%
108
7

30%

7% Preferred.. 100
Young (J S) Co. 100

43

45

45%

22

32

3%

3%
%

&

100

wire

126

5%
14%

Door

common

1

19%

19%

*

30%

31

Youngstown Sheet &
*

5%% pref.. 100
Youngstown Steel
Car

Zenith

~4%

*

Youngstown Steel

Tube

60

14%

Preferred

80

Young (L A) Spring
23%
9%

105

x

Prior pref units
Woodward Iron.. 10

30

5

t New stock,

6

*

6

1

Wellington Oil
1
Fargo & Co.. 1

10 H

.

_*

Welch G'pe Juice 2 %
Preferred
100

6

70

14%
2%
36%
6%
40%
2%

Bros

com

Machinery pref.

York Ice Mach

23%
8%
31%
3%

~7~%
34%
24%

5%

1

14

42%

Wayne Knit Mills.5
Wayne Pump
1

6

10%

Waukesha Motor..5

1

5%
10%
112%

Wells

Canadian price,

8%

7

$3 conv pref
*
Warren (S D) Co..*

101%

172%
7%
31%

8

8%

1%

Warren Fdy &

7
39

111

pf.100

4%

8
50

Worthington Pump

6

Warren Bros

20
7 % preferred. 100
U S Hoff Machin'y5
5%% conv pf__50

19

50%
20%

*

conv

Preferred

1

%
5%
10%

1

6%
%
7%

50%
20%

*

43

96

8%

87

*

42

34

~7%

85

pf

Warner Co

4%

119^
7%
7%
%
5%
%<
6%
18%

com

1%
10%
85%

U S Distributing

*
7 % conv pref. 100
U S Envelope
100

$3.85

1%
10%
85%

3

Wood Newspaper

69

90

12

20%

2

34

31

*

1%

Wood

68

27

6% preferred
10
Ward Baking Corp—

100

32

85

Walworth Co

.

(Gar) see G
Woodley Petrol

6

%6

100

Un Shipyards B

9%
1%

.

28

7% prior pref. 100
6% preferred-.100

Profit

Class A
1
Un Shoe Mach
25
Preferred
25
United Specialties. 1

8%
1%

Wood (Alan) Steel.*

25

Waltham Watch cl B

75

Sharing
25c
10 % preferred -.10

10
2

Wolverine Tube

27%

115

Portland
com

28%
2%

5%
7%

5

Cement

2

Waldorf System

Merchants

Hosiery 100

100

Wagner Bak vtc-.l
5

com

4

8%

*

~5%

5

3

Winsted

2%
4

100

2%

24%

2%
2%
5%

*

$6 preferred.
Line
Preferred

Wilson

4%
1%

25c

8*

4

Wilson-Jones

2%

5c

*

Wilson & Co

1%
32%

6% part pref. .100

6%

Jo*

78

1

*

1%
31%

Electric

r

34

5

Wolverine

$3 part pref
*
United Molasses Ltd
Amer dep rets. _£1

Nominal,

27

*

Va Iron O & O

37c

Oil

F)

25M

Pump

II
*

4

33%
43

Preferred

4%

16

10%
63%

26
112

18

pref... 10

78%
28

(H

Gas

32%

Part conv& cl A.*

59

75%
27%
9%
59%
3%

6

31%

*

cum pr

Wilcox

31

Victor Brewing
1
Victor Chemical
5
Va-Car Chemical..*

7%
21%

7%

30

27
29

45

.

22

2

Preferred
50
WJR The Goodwill
Station
5

U S Freight.
U S Gypsum

8%
3%

1%

Suchard
Chocolate com 50c
Preferred
$50
Willcox & Gibbs—50

20

5%
32%
10

Stores— *

preferred..*

15

usFoiiB—:.:_i

900

10

Wilbur

*

Vertientes-Camag'y
Sugar common. .5
Vicana Sugar v t c.3

Wieboldt
Prior

103

Spencer

common..

*

119

7%
20%

U S

Steel

100

Venezuela Mex OillO
Venezuela Holding. 1
Venezuelan Petrol. 1

preferred ...10

Viking

48"

Land

Trust old stk__ 100
Ctfs sub shares.. 1

Milk

Class

6

Texas Gulf Salph..*
Tex Pac Coal & OHIO

*

Class

%

4%

Tennessee Prod... *
Warrants

Corp

United Screw & Bolt

90

Tennessee

Corp...5

8% preferred..100

_

Wickwire

%

.25

7 % preferred. 100
Whittall (M J)—

17%
4%

*

B

Preferred

%6
30

53

common.

Whittaker Paper—

5%

80

Vanadium

*

Whitlock Coil

17%
3%
42%

*

Un Eng & Fdy
United Fruit

United

50

..1

Mach .*

$4 conv pref
*
White (SS) Dental 20
White Rk Min Spgs-

Winters & C'mpton 1
Witherbee Sherman

100

6 Mfrs vtc

10

15

24

Valvoline Oil comlOO

White Sew

40*

United Drug
5
United Dyewood.10

27%

5% conv pref..30
Weyenberg Shoe
1
Weyerhaeuser TImb*
Wheel Steel Corp _*
6% Preferred.. 100
$5 conv prior pf_*

1%
%
39%

*

Un Drill & ToolClass A

Coal Cos

*
*

A

5

United Cigar-Whalen
Stores com
10c

United

Westland Oil

Weston El Instru..*

*

Chemical

6%
12%
18%

Westinghouse Elec
6 Mfg com
50
7% 1st part pf. 50

Pipe

2

i¥A

_*

common.

Vick Chemical

$3 part pref
*
United Cigar Stores—

7 % preferred.

*

Stationery
Westinghouse Air

66

*

United-Carr Fast..*

Class

40
17

13%
50

Western Newspaper
Union common. _*

65

*

pref. 100

United Carbon

_

siH
lit*

13%
1%

"ef

77

Veeder Root Inc

26%

1

5

Biscuit

conv

13

Warrants

2%
%
29%

Telaut'g'ph Corp.

Thermoid

5

$5 preferred

Taylor Young

Thatcher Mfg

Lines

Transport

10

Dairies

Common

7*

23

7% 1st pref

Western

7% first pref..100

3%

*

23

42%

18

2%

5%% prior pref.*
Valspar com
1
$4 conv pref
5

Common

$4 preferred

)

72

16

21

Van Dorn Iron Wk3*
Van Nor Mach Tool5
Van Raalte Co
5

22%
42%

68%

19%

Van Camp

*

17%
14%
83%
159%
8%

*

7% cum pref. .100
Valley Mould & Iron

13%

5

6 % preferred

3%
43%

42

Common

19

United Aircraft

United

2%

7 % preferred ..100

13

56

~4%

Vadsco Sales Corp—

18%

25

7%

65%
121%

39

44

l

Tampax Inc
1
Tastyeast Tnc cl A 1
Taylor-Colquitt Co 5
Taylor & Fenn__100
Taylor (K) I)ist._.1
Taylor-Wharton

conv

4%
6%
5%
66%
1%

:*

Preferred.
10
Utah Radio Prod-.l
Utica Knit Co
100

11

54

Air

155
7

100

76%
2%
6%

7

_

Common

White Motor

36

24%

Preferred

10

2%

J a Ion

l
1

m

$3

1

com

Un Artist Theatre

9

36

Talcott (James)...9
partic pf_50

ww

conv

25

Conv preferred. 15

United

it*
83

Upson Co com. 12 %

3

100

Westvaco Chlorine.*

%
5%
2%

85

*

8% 1st pref

Preferred

Western Air Expr. 1
West Auto Supply—

Class

54

4%

12%

Universal Prod

Un St Yds Omaha 100

9%

2

1

Universal Pictures .1

Union Premier Food
Stores

9%
7%
4%
34%
7%
42%

$3.60

Mfg

United Milk lTod.

x w

Taggart Corp
$2.50 pref

Pacific

Mfg. .10

Union Oil of Calif. 25

5%

80

Symington Gould-

Texas

*

Union Carb & Carb *

„

Aircraft
Technicolor

*

& Paper
Corp common
.*

United

com

Common
Common

*

Series A pref
Series B pref

Union

Hirshberg.*

Struthers Wells
Titusville com

Oil

12%
16%

3%
8%

i%

U ni versal-Cyclops

12%

Union Tank Car

Stroock & Co

6% prior pref. 100
Universal Corp vtc.l
Universal Cons OillO

15

Union Bag

1

8

3%

*

Steel Corp
Univ Leaf Tob

20th Cr nt Fox Film

Common

"5%

46

45

*

11%

10

Steel

Chatillon.

Class

pref

35%

.

8% preferred. .100

Trunz Pork Stores.*
Tubize

*
..25

'

Delaware
Nov. 30

35

Trico Products

conv

Vot tr ctfs:

7%
1%
13%
95%
4%

Brake

44

Conv preferred..*
Stores A
*

$6

3%

35%

United Stove
1
United Wall Paper .2

Williams

Forging

730A

United Stockyards—
Common
__1

10%

1%

3%

Western Tablet &

Preferred
*
U S Tobacco
*
7 % non-cum pf.25

Daylight

M

5%

*

United

Triplex Safe Glass.*
Triumph Explos_._2
Trojan Oil & Gas of

72

117%

6

10%

33H

1

com

Sterling Brewing
1
Sterling, Inc
1
Sterling Products.10

24%

6%

Transwestern Oil .10

t c..l

v

25

13

Transue &

7 % preferred. .100
*
Conv 1st pref
*

U S Sugar Corp

*

*

pref

preferred
*
Western Groc Ltd.* f
Preferred
100 r

65

14%
26%
26%

2

44

62%

21
131

28%

conv

West Indies Sugar.1
West Michigan

$3

U S Stores com

5

42

7 % preferred—50
U S Steel Corp
*

13%

Screen..1

3
62

69

2%
12%

$4

4%
12%
5%
52%
102%

61

1%

33

West Air Line

2%

Wentworth Mfg.l %
Preferred
*
Wesson Oil & Snow¬

Steel Foundry—1
W Va Coal & Coke. *
W Va Pulp Pap..*

U SSm Ref & Min5ft

16

4

Picture

102

1st pf_100

n-cu

USRubb Reel....*

81

28

Trans Lux

10

14%
1%

Securities..*
100

22%
2%

2%

4%

\H
11$
51$

6% preferred—50
& Imp. *

78

dep rets ord £1
def__
Shipyards
*
Tokheim Oil Tank
& Pump
5
Toledo Ship build..*
Torrington Co
*
Am dep rets

Transamerica Corp 2
Transcontinental
&

Corp—

Common

4%

Am

Trane Co

34

31

132

U S Realty
U S Rubber

16

24

%

50
1

U S Radiator

67

15%

$1.50 conv pref.20
U S Postal Meter. .1
U S Print & Litho—
Common
*

18%

3

1%
47%

23

__1

Preferred

Per share

Par

27%

8%

Todd

Towne

U S Playing Card. 10
U S Plywood Corp
Common

Bid

Stocks

drift com..

4**

53%

60

Preferred;

100

Preferred A

Roll Bear.*

Tim ken

2%

1

Common..

18%
109J4
53%
2%

7% preferred.. 100

2%

Ask

Per share

U S Lines pref. ... *
U S Pipe & Fdy. .20

125

121

*

com

Timken-Det Axle .10

Coated
com.lOc
5
Stand Commercial
Tobacco com
1
Standard Dredging
Standard

Preferred

15

5

Thew Shovel

Stocks
Par

Thompson (J R)..25
Thompson Prod...
$5 conv prior pf_*
Thompson-Starrett *
$3 % preferred
*
Tide W Assn Oil.-10

2%

1%
14

Bid

Per share

Par

Per share

Btahl-Meyer com..*
Preferred
100

Ask

Bid

54%

54%

80

82

common

5

3

Radio

*

20

Zonite Products

1

3%

Quotations for all securities

are as near as

possible for the closing day of the month preceding the date of issue

The custom in reporting prices for State and municipal securities is to quote them on the basis of the return the bonds yield per annum. Therefore,
furnishing the prices bolow, 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,
a certain bond matures from 1937 to 1951 and is
quoted 0.50 to 3%—would indicate that the 1937 maturity yields 0.50% and the bond due in 1951
yields 3%.
Therefore, in the following list, it must be remembered the word to indicates that the figures shown are the yield basis; all other figures are bid and
asked prices.
u

,

Yield Basis
or

Bonds

Bid

UNITED STATES—See

Ask

Yield Basis

To
Net

2Ms Mar 15 1948-1951 M&S 105.20 105.24
2 Ms June 15 1951-1954 J&D

104.8

103.14 103.16
102.29 102.30
102.23 103

2s Dec 15 1947
J&D
3s Panama Canal 1961.-Q-M
3s Conversions 1946..
Q-J
3s Conversions 1947
Q-J
U S Treasury Notes—

1M%
2M%
1M%
1H %
1M%
1M %
1M%
1M%
1H%
1M%

Mar 15 1939
June 15 1939—.....
Sept 15 1939
D& 151939
Mar 151940.r
June 151940..
Dec 151940
Mar 15 1941
June 15 1941Dec 151941

1M% Mar 151942

:

109.9

106.12
105.7
102.24
102.25
102.7

106.19
105.14
102.26
102.27
102.13

120M

121M

109

111

109M

111M

Federal Farm Mtge Corp—
3 M % int & prin guar '44-'64
3% int &prm guar 1944-'49.
3 % int & prin guar °1942-'47.
2 M % int & prin guar *42-'47
1M % int & prin guar 1939—
Federal

107.8
106.27
106.2
105.5
100.29
Farm Loan

Land

Bank —
3s July 1 '55 opt '45...J&J
3s Jan 1 *56 opt '46—-J&J
3s

M&N

May 1'56 opt '46

3MsMay 1*55 opt *45—M&N
4s July 1 '46 opt *44
J& J

i

Birmingham—
3Ms impt ref 1939-50--J&J
3 Ms Imp ref 1942-1958 A&O
4s 1939-1961
—A&O
4Ms 1939-1960
-A&O
5s sewers Sept 20 1941 M&S
Florence refunding 1% to 4%.
Gadsden 6% impt long mat. . _
6s schools 1939-1940.. A&O
Hunstville 5s funding Mar 1'42
Pub Imp ref 5s 1939-1962..
Jefferson County—
4Ms Ct House 1939-43 M&N
4Mb Ref 1939-1961—A&O
Mobile City—
Refunding2-5s Jan. 1 1966.

105s

107.10
106.29
106.5
105.8
100.31
Bonds

105M

105
105 H

58 School May 1

funding 1939-1966.-J&J

2.90
0.50

0.75
0.50
2.10
0.50

4Mb Nov 15 '39-'56_M&N15
Pub Imp 4Ms 1953
.A&O
2.00
4 Ms Oct 1956 opt *46 A&O
114
4 Ms Nov 151939-58—M&N 6 0.25
Pub Imp 3.10s '39-'56 M&N
0.50

Imp 2 Ms 1939-57.J&J

1.70% refdg 1940-44.M&S
1.75% ■ efdg 1940-44.M&S
Philip Isls 4Ms 1952
J&J
4MB 1950
4MB 1957
4Ms Oct 1959—
5s April 1955
5s Feb 1952
5 Ms Aug 1941

.M&N
-

2.60
to 2.60
to 2.50
to 0.25

1.50

111

110M

112

114

b 2.50

112
b 3.45
111
b 3.15
6J). 75

b0SF0

2.15
~

3~20
113
2.90
to 2.25
to 2.50

ALABAMA
8 Ms renewal class C 1956.J&J b 3.10
4 Ms harbor impt June 1 '39-'73 b 1.00
4Mb highways 1952—...M&S b 2.95
4Ms 1956 and 1959
M&S b 2.95
4s renewal July 1,1956
b 3.10
4 Ms 1942, 1946, 1949...M&S b 2.70
4s pub highway 1949-51.M&S b 2.80
—

*

Tax-free in Connecticut.




99
97

102
99

3 .00
to 3 .20

2 .80

2 .80
3 .00

3.40 %
3.30

0.75
0.75

to 3.10

6 2.50

to 3.55

to 2.95

Colorado River Waterworks

3.60

3.50

F&A

ref 4s 1946-1986

3.50

4

3

3.25
4.15

3.50
3.50

6 3.75
6 3.25

4.40

6 4.20
6 4.00

4.10

6 3.75

3.50

3.75
2.75

1948

to 2.40
to 3.25

to

of Southern Oilifornia—

J&J 6 4.00
J&J 6 3.00

Phoenix Un H S D 4 Ms
Prescott 5s 1948
Tucson 5s Water 1950

to

2.50

Modesto Irrig Dist 6s
Oakland 5Ms 1939-1943-F&A

3.75

%
3.75

0.40
0.40

4Mb Mun Imp '39-'43-F&A
4 Ms 1939-1965
F&A
Oakland S D 4s 1939-44—J&J

Orange Co 5s 1939-45—M&S
Pasadena 4s 1939-42..—J&J
Redlands 5s 1939-51
J&J15
Riverside 5s 1939-53
J&D
Riverside Co 5s *39-*54— M&N
Sacramento 4s Jan 1940-1945.
3s 1939-1968
-—--J&J
Sacram'to Co 4Mb '39- 46 J&D
San Diego 5s W W *43-'54A&0
5s Water 1939-63
J&J
5s School 1939-1960—F&A
4 Ms Wh & Har '39-'52.J&J
4Mb Water 1939-1964.....
3 Ms g July 1, 1939-44 - J&J
San Francisco (City & County)
5s Water 1940-1969
J&J
4Ms Water *57 *58, '59-J&J
4Mb 1939-1951
J&J
4Mb Water 1939-1977—J&J
4s Wat Distrib 1939-53 J&D
4s W .t Distrib '39-'63 J&D
2s 1940-1949
——J&J
San Joaquin Co 5s '39 49-J&J
Santa Barbara 5s '39-41-JanlO
4Ms gold Aug 1943—F&A
Turlock Irrig Dist 6s
West Side Irrig Dist 6s——
/
„

4Mb 1939-1956
J&J
4Ms Court Hse '39-48-J&D
6s Jan 1 1940...
J&J
5s W W 1939-1950
J&J

to

0.40
0.40
0.75
0.75
0.75
0.75
0.75
0.65

to 2.80
to 1.90
to 2.25

0.40
0.40
2.00
0.90

to 2.75
to 2.20

0.75
0.75
0.75

to

0.75
0.65

1..60

to 1.45

to 1.30
to 2.90
to 2.90

to 3.00
to i:85

to 2.90
to 3.10
to

3.25
3.15

to 3.15
to 2.15
to

3.05

2.75

to 2.80

0.40

to

0.40
0.60

to
to
to

0.60
0.60
0.40

to

Par

to

to

2.50
3.05
2.60
2.85
2.1Q
2.35
1.00

70

1.60
3.75

40

ARKANSAS
CANADA—See

page

93.

98
94

95
94

93 M

COLORADO
6 1.00
2 Ms State H'way *39-'54-J&D
6 1,00
3s warrants 1939-1951—-J&D

94

..

93
89

93 M
90

88

....

89
86 M

81

Jan.

88

3s Rose, Hemingway opt 1944
Hot Springs 4M8 '39-50.M&S

39

Little Rock—
4 Ms Fund 1941-1950.M&N
48 water Rev 1939-78.F&A
Little Rock S D 4s *39-*55 M&S
St Francis Levee Dist—
4s 1944

101
102
104

101M
6 3.10

3.00 %

103
105
6 4.30
112
bx 1.00 %

.—

CALIFORNIA

5 Ms

Univ Bldg Jan5'40-65J&J
Highway 1939-48-J&J30
1940-1947
F&A
Olympiad 1939-71 -J&J2
4 Ms *1940-1952
F&A
4sHarb Imp 1985 opt *50-J&J
-

5s Jan 2 1941-1943
4s Jan 2 1944-1948.3 Ms Jan 1 1940-1949

1.80

0.65
0.40

to 2.80

0.65
0.40
0.65

to 2.15

to 2.25

5s

2 Ms Feb 1 1940-1954-F&A
Alameda 4s 1939 to 1941 -J&D
4 Ms Mun Imp 39-'48-A&0

Bakersfield 5s 1939-1952-A&O

0.50

0.75
1.10
0.65

to 2.75

-

Imperial Irrigation District—
Refunding 6s 1983
J&J
Refunding 5s 1983

62 M
52 M

to 1.90

1.90
2.35

2.25

2.30

1.90

to 2.20

tll6

J&J
J&J 1117
J&J U25
J&J U24

to

131

to

128
129
128

to
to

to 1.00

v

to 2.25

2.60

to 3.00

to 3.20

,

_

to 2.40
to

.

%

Greenwich—
3s 1939-1944

•

,

F&A 6 0.35

Hartford——
1 Ms 1939-1953

to 1.45

F&A 6 0.35

lMs 1939-1947

to 1.50

i

M&N 6 0.25
3Ms Bridge 1954-55—J&D|6 1.75
—

2 .65

6 Basis,

to 2.25
to 2.25

6 2.40

_

to 2.35
to 2.30

2 .40

J Bid price for lowest and highest maturities.

to 2.00

1.40
2.20

Funding and building bonds-to 0.85
1Mb 1939-1943
J&D b 0.15
to 1.70
1Mb 1944-1958
—J&D 6 1.00
Branford (T) 2s 1§40-57_J&D b 0.50 to 2.10
Bridgeport—
0.50 to 2.00
5s Refunding 1939-48--J&J £
2 Ms Refunding 1939-47 J&J £ 0.35 to 1.70
to 1.70
X /OO I.I7T.U
A
J u
lMs 1940-1:48._. - J 15&D15 & 0.40
to 2.15
Bristol 5 Ms 1939-1957—J&D 6
Danbury—
1.10
3 Ms Fund 1941 tax'le. A&O 6 1.20
East Hartford (Town)—
4 Ms School 1939-59—M&N 6 0.35 to 2.25
1 Ms 1939-1945
F&A 6 0.25 to 1.50
Fairfield (County)—
1 Ms 1939 to 1950
J&D 6 0.25 to 1.60

to 2.30

East Contra Oosta IrrigDist6s
98
Golden Gate Bridge & H'way3 Ms series O 1942-1971 J&J 6 1.40

to 2.25

0.50

CONNECTICUT

to 2.50

0.65
0.65
0.65
0.60
0.25

Berkeley 5s 1942-1951 —-J&J
5s School 1939-1955
J&J
East Bay Mun Util Dist—
5s 1940-1974
—J&J 6 0.65

1974-1983—

2.40

to 2.95

J&J2 6 0.90 to 1.40
J&J2 6 1.70 to 2.20
J&J 6 0.65itio 2.25

Veterans Welfare—
3s Feb 1940-1952. ——F&A
2 Ms Feb 1 1940-1954.F&A

1944-1963

5 Ms 1947-1956
5 Ms 1964-1973

1.60
to 2.40

2.50

1963-1972 opt ,1955-A&O
2 Ms Sewer Disp'47-'50A&O
Moffat Tun Imp D—

4Mb
4Ms
4Ms
4Mb

2.70
100 M

0.50

3.65% March 1. 1950-54—
2Mb Sew dist 1947-56-A&O
3s 1963-1972 opt 1955-A&0
3 Ms Mun Water Retire
.

-

to 2.70
to

99 M

2Mb warrants 1952-'54—J&D
2s Highway ref, 1939-47. J&D
Colorado Springs—
Ref 1Mb 1939-1943—M&S
Water ext 2s 1955——J&J
Denver (City and County)-—
4Ms Water 1944
-J&J
4Ms Ref Wat 1939-67-J&D
4Mb Water 1962-1965-J&D
S D No 1 4Mb 1939-53.J&J
S D No 1 4Mb 1939-47. J&D
4s July 1941-1945
J&J

79
89

88

1

Attorney Gen opt 1944

5Ms 1955-1965.
5s 1959 opt 1939

109 M

1.00
1.00

'39-'49—F&A
Metropolitan Water District

99

School No. 1 5s 1945—J&J 6 3.50
Highway 6s Jan 15 serially. 6 4.25
Phoenix 4Mb '50 opt '30-J&J 6 3.75

1.50
117
to 2.60
to 2.60
to 2.60
to 1.50
to 1.35

0.50
1.00
0.75
0.75 to 1.35
108
109
107 M
108 M
108 M
109M
108 M
109 M
101
102

1939-1945

4s 1946-1961
3 Ms Jan 1 1939-1960

ARIZONA

4s 1958-1960...

109M

J&J
5s 1948 opt 1943
J&J
4 Ms funding 1963——J&J
4 Ms July 1952
J&J
4s gold 1953
J&J
2Ms 1939-1946
J&J
2 Ms refunding 1940-49.J&J

97

to 3.60

0.75

F&A
J&D
J&D

1939-1964

Los Ang Co 4 Ms

111

Maricopa County—

to 2.40

Puerto Rico—
5s July 1954 opt 1943
5s 1950 opt 1944—

105
101
t o

105%

PO SESS1 ONS

2.10s July 20 1941-1945

105

-

3s 1949
3s

Pub

5u

104
106
6s ref pub Impt '39-*53 M&N t 1011 o 110
Tuscaloosa Co 6s Bridge 1941 6 3.20 to 3.00 %
5s Road 1957—
M&S 6 4.00
3.60 %
Tuscaloosa (City)—
103
106
5Ms serial
......
100
102
4Ms
101
103
4Mb
99
100
4s
27
28
Tuscumbia refunding 1 %to4 %

4M-4s..
4M-4s
4 M"4s

3Ms Sept 15 1940-53.M&S

Los Angeles City High Sch Dis
5 Ms Nov 1939-1960--M&N

76

Tuscaloosa—
5s W W 1939-1957 —.J&J

100.20 100.22
100.20 100.22

Hawaii Terr 4 Ms '49.M&S 15
4Mb Jan 1945............

to 3.60

74

to 3.50

5-4s 1954-1960.
5-4s 1961-1967.
54s 1968-1977

Honolulu (City & County)—
5s Pub impt 1956—J&D 15
5s Jan 15 1939-'56—J&J 15

to 330

Morgan Co 5s road 1952.F&A 6 3.90
Selma (City) 5s-6s 1939-1955- 6 3.80
2 Ms 1939-1952
J&J 6 2.00

101.21 101.23
100.10 100,12

S

to 2.80

to 3.15

101

6 2.00

to 3.40
to 3.35

1.00

102

6 2.25

1939-61--F&A

to 3.55
3 Ms ser A 1939-1977-J&J 61.00% to99M
3 Ms ser B Jan 15 '77 J&J
100
9SM
3 Ms 1948-1958
J&D 6 2.80 to 3.25
2s 1939-1942
-A&O 6 1.00 to 2.00
3s 1943-1949--A&O 6 2.25 to 3.00

to 3.90

— .

5-4s 1943-1948
5-4s 1949-1953

U

.99

100

—J&J
M&S

to 1.25

0.75
Electric Plant Revenue—
Ref 4s 1939 to 1975-J&D b 1.00
3 Ms 1939-1977
J&D b 1.00

111%

_

to 3.45

102

6 3.60
6 4.00

Montgomery Co 4 Ms 1957-59
6s Road 1951
J&J

100.17 100.19

&

2.90
38
106

100

0.90

5s Municipal

to 3.50

99

1945

1939-1958
^J&D
Gen fund 4Mb 1941-66 J&D
Montgomery—

Federal Natl Mtge Assn—
2% notes May 16 '43 opt '39
1 % % Jan 3 1944 opt 40

TERRITORIES

36
104

to 2.30
to 3.35

5 Ms Harb Imp '39-'61 M&N
3 Ms Wat Rev '39-'48—J&J
3 Ms Sch Dist 1939-61--J&J

to 3.40

6 3.10

103

4Ms

Commodity Credit Corp—
M % notes Nov 2 1939

Reconstruction Finance Oorp
H% notes July 20 1941
M% Nov 1 1941

to 3.30
to 3 .30

6 2.00
6 2.00

to 3.35

0.75
0.75
0.75
0.75

4s

4Ms June 1 1939-1948—

106M

111M

6 2.25
6 2.50

to 3.30

0.75

Net

to 3.15
to 3.25

4Ms 1939-1968
4 Ms 1939-1969

105%

106%

95

1.25

2.90
3.00
0.25

4 Ms Water 1939-1970-A&O
4 Ms Sch 1939 -1944—J&D

%

Mobile Co—

4Ms Sanitary Sewer Jan 1*44

102
102
102.3
102.12
102.12
102.28 102.30
102.29 102.31
102.27 102.29
102.24 102.26
104.4
104.6
105.8
105.10
104.8
104.10
101.15 101.17
101.14 101.16

102.22 102.25
102
102.3

2s Apr 1 1943

90

Ask

2 Ms WatWks 1956-76 M&N
3 Ms Water wks 1952-75—
3 Ms Water 1939-41--A&O

102
101

r

New ref various coupons

5s

100.7
101.30
101.30
102.1
102.10
102.10

2% Sept 15 1942
1M% Dec 15 1942.
1M% June 151943.
1M% Dec 15 1943
Home Owners' Loan Corp—
3% prin & int guar '44-'52 106.26 106.28
2 M % prin & int guar *39-*49 102.11 102.12
2 M % prin & int guar *42-'44 104.12 104.13
1M % prin & int guar 1939.. 100.21 100.23
Federal Home Loan Banks—
1 % series E July 11939.
100.11 100.13
2s Dec 1940

to 4.00

Bessemer—

Los Angeles (City)—
4s 1940-1962

to 2.90

State Bridge Corp 4s 1939-1951

To

or

Bid

Bonds

Net

to 2.90

5s schools 1939-1947—J&J 6 2.00

4 Ms Oct 15 1947-1952.A&O

2MsSeptl5 1956-1959 M&S
2 Ms June 151958-1963 J&D
2Ms Dec 15 1960-1965 J&D
J&D
2Ms Dec 15 1945
2Ms Sept 15 1948
M&S
2Ms Dec 15 1949-1953 J&D
2Mb Sept. 15 1950-52.M&S

Ask

Is refunding 1941-54
J&J b 2.25
3 Ms refunding 1955-06—J&J b 2.80
101
100
Bridge Auth. 4s July 1 1957—
Annistonrefg 5 Ms Dec 1 1939 102

also pa ge 19.

Treasury Bonds—
119.2
119.4
4s JDec 15 1944-1954—J&D 114.16 114.19
3 Ms Mar 15 1946-1956 M&S 113.16 113.24
3 Ha June 15 1940-1943 J&D 105
105.8
3 Ms Mar 15 1941-1943 M&S 106.23 107.4
3 Ha June 151943-1947 J&D 109.30 110.5
3 Ms Aug 11941
F&A1 107.10 107.20
3Ms Oct 15 1943-1945.A&O 109.27 110.1
3 Ms Apr 15 1944-1946-A&O 109.27 110.1
3 Ms June 15 1946-1949 J&D 109.12 109 20
3 Ms Dec 15 1949-1952 J&D 109.5
109.11
3s June 15 1946-1948..J&D 108.24 108.30
3s Sept 15 1951-1955.-M&S 107.8
107.14
2 Ms Mar 15 1955-1960 M&S 104.20 104.21
2 Ms Sept 15 1945-1947 M&S 107.3
107.12

Bid

Yield Basis
To

or

Bonds

f Flat price,

n

Nominal,

x

to 1.70l vc
to 1.80
to 1.55

Called July 1, 1939.

%
%

STATE

i)2

day of the month preceding the date of issue

Yield Basis

Yield Basis

Bonds

Ask

Antioquia Col (Dept of)—
to 2.25
to 2.25

1

2.60 %
2.55 %

Certificates of deposits
Extl s f 7s 1957 3d ser.A&O
Certificates of deposit--.

7

15

8%

10M

7

15

~1.80 %

b~0.25

to

b 0.50
b 0.25

to 2.00
to 1.80

1

5 f extl loan 4s Feb '72. F&A

.78

3.15

S f extl loan 4s Apr

78

0.35

to 3.20

0.35

to 2.00

to 2.25

6 0.25

to 2.60

?!00
%

0.35

to 3.00

0.25

to 2.50

0.50
0.60
0.60
0.25
0.90

to 3.15
to 2.00
to 2.40

to 2.40

%
%

1

I

♦4Ms 1939-1956
M&N
Windham (Township)—
4s 1940-1952
J&J

%

0.50

to 2.00

%

6 0.25

to 1.60

6 1.65
6

{.85

to 2.00

6 1.80

to 2.10

J&D /

18 M
14 M
11M
14 M
24 M

/
6Ms 1947-- —-A&O /
Bogota (Mtge Bk) 7s May '47 /
25M
Certificates of deposit...
7s Oct 1947.
A&O / 24 M
Extls f

/ 25 M

11 %

9M
10

7

4

4s of 1889

4

14
Funding 5s 1931-1951
/ 33
Funding scrip
Bremen (State) 7s 1935.-M&S
20

20-year

s

M&S

96

.F&A

97

98 M
99M

J&D

5Ms July 1941-1975.
Hillsborough Co 5s Oct 1 1943
Hillsborough Sch Dist No 4—
Jacksonville—
5s Jan 15 1939-45—J&J 15
5Ms Jan 15 1940-45. J&J 15
Refunding 2.60s Jan 1 1957
Lakeland new refunding
Water & Light 5Ms 1940-50
Leon County 5s July 11939-40
5s July 1 1941-55.

6 3.25

Marion Co Road 6s Feb 1 *52.
Road bonds 5s July 11952—
Miami—

105
102

Refunding 5s Jan 1 1964—-

to 3.90

112
to 2.75

96

102 M
103 M

b 1.75
b 2.00
b 2.85
64

103
6 2.25
6 3.00

Brit Hungarian Bk 7 Ms 1962.
Bud' pest (City) 6sJ'n'35coup'62

118

to 4.25

104

106M
to 2.70
to 3.00

2 65

66
107
to 3.00
to 3.85
109
104
98

Miami Beach—

M&N 6 2.50
M&N 6 2.50

to 1.75

Ref 4Ms non-opt 1947-56— 6 3.35
New Smyrna—
Ref 3-4M-6s Jan 1 1964
84

to 3.85

to 3.75

86

Orlando—

Refunding 4s 1939-62.F&A 101
Orange County 5s 1944--J&J 6 3.75
J&J 6 4.15
M&S 6 4.00
6 3.75
101

4s 1961.

Palm Beach (City of) 5s——- 6 3.75
Pensacola 4Ms ref 1941.. &J
102
5s 1958.
109
J&J
.

Pinellas Co ref highway
95
Polk County 5s July 1 193940 6 2.75
St Augustine 5-4s stam'd 1955
65
► 5Ms & 6s imp 1937
55
F&A
St Johns Co Road 5s 1946
104
104

M&S

Petersburg—
66
Refunding 3-5s Oct 11972
6 4.25
Suwanee Co Road 5Ms 1946Tampa—
6s June 1955 opt *25—-J&J
98
5s W W Purch '39-72.F&A 6 2.75
4Ms Impt 1937 ......J&J
98
Ref 4s 1943-1965
97
M&S
West Palm Beach—
47
Refunding 2-5s

103

%

7

Buenos Aires (Prov)6s'61
6s stamped 1961
7s stamped 1952—

f

97 %
97 M
101

Dec 31

62

80

70

55 M
6Ms stamped 1961
Scrip
/ 46
49
50 M
Readjust 4M-4Ms '77.M&S
Ref s f 4M-4Ms '76-—F&A
50
52 %
Extl re-adj4M-4Ms '76A&O
50
55
Ext re-adi 4M-4Ms'75M&N
51
55
Extl s f 4s $ bonds 1984-J&J
38M
40 M
Bulgaria (Kingdom)—
Sec s f 7s 1967
35
J&J / 30 M
Stabil loan 7 Ms 1968.M&N fk 33 H Dec 21
Caldas Exts f 7Ms 1946—J&J f 14
14 %
Certificates of deposit
20
f 11M
Cali(Colombia)s f 7s '47-M&N / 20
Callao (Peru) 7 Ms 1944--J&J /.
6M "~8
Carlsbad (City) s f 8s *54-J&J
18 Vs
21%
Oauca Val (Dept of) Colombia
7 Ms 1946
14
14 %
A&O
11
Certificates of deposit
12
Extl sec 7s 1948
12
J&D
13 %
11
Certificates of deposit...
20
Ceara (Brazil) 8s 1947
3M
J&D
1M
Cent Agricul Bank (Germany)
Farm loan 7s 1950—M&S15 / 31%
34 Vs
_

Farm loan 6s I960—-J&J15 f 26 M

30

3.90

6s July coupon on I960/ 22 M
Farm loan 6s I960—A&015 / 26 M
6s Oct coupon on I960.— / 22 M
6s A int ctfs 1938..A&015 / 27

30

to 4.40

103 M

3.00
105
112

98
to 3.50

69

58

Central Bank of Germany—
6s A 1952
F&A / 24
6s series B 1951
A&O / 24
Chilean Cons Municipal LoanExtl s f 7s 1960 ser A. _M&S
Chili (Rep) ext 7s 1942.M&N

106

Extl

106
68
4.00

100
to 4.25
101

FOREIGN GOVERNMENTS
AND CITIES
Agricul Mtge Bk (Colombia)
6s 1947
F&A /
Certificates of deposit.
/
6s 1948.
A&O /
Certificates of deposit
/
7s 1946-.-A&O /

25 M
24 M
25 M
24 M
25 M
Certificates of deposit... / 24
7s 1947
—J&J / 26
Certificates of deposit
/ 24
Akershus (Dept of) 4s '68 M&S
—

-

_

t To be paid off Jan. 1, 1939 at 100.

99

49

f 6s

A&O

1960

6s assented Feb 1961
Extl s f 6s Sept. 1961 -M&S
6s assented Sept. 1961
/
Extl Ryref 6s Jan 1961-J&J /
6s assented Jan 1961
Extl sf 6s 1962
M&S
-

.

—

6s assented 1962__
Extl s f 6s 1963..—.M&N

6% assented 1963
Chili Mtge Bk 6 Ms '57 J&D31
6 M s assented 1957
-

26
30
26

30
26
30
30

28
96

2$

40

40
15

17 %

ilM
17 M
15 M
17 M
15 M
17 M
15 M
17 M
15 M
17M
15 M
17M
15 M
15 M

"17%

'"l7%
"17 %

"l7%
"mi

"ll%

12 %

"15 %

"16

M&N

15 M
12 M
15 %

—J&D

6s assented
6s 1962

12 M
14 %

16

12M

14

1961

6s assented

1962

6% notes 1931
6s stamped 1931
Chinese Government—

Hukuang Rys5s£—J&D 15/ 21
2M-5s 1954.
f 30
.__

* Tax free in Connecticut,

b Basis#

12 M
20

70

f 8s 1952 ser B—A&O
Cons Municipal Loan

19551953

74

99 X

M&N
F&A

100

97 M

99 M

40 M

103 M

104 M

100

100 H

97 H
Bank

97%
of

57

2nd

66

57

66

64 M
62

70

67

60

66

60

66

ext 1st ser 1969

65 M

OOX

5 Ms of '26

ext 2d ser 1969

60

Dresden (Ger) ext 7s *45 M&N
Duesseldorf 7s to 1945——
Duisburg 7s to 1945
El Salvador (Rep)—8sA'48 J&
Certificates pf deposit
Estonia (Rep1 of) 7s, 1967 J&J
Finland (Repub) 6s '45-M&S
1939--.

Dec 27
fk 19
f 18 M
/ 18 M

13 H

/

97

15 M
100

105 H

7s 1938
7s 1940

tioo

—A&O /
A&O /

24
20

7s 1941-1945
—A&O
Extl s f 6Ms 1953
M&N
French Government—

18

7s ext of 1949 stamped-J&D
7s plain 1949
ext 1941 stamped

112 %
103 Vs

20

118M

107%

J&D

7 Ms plain 1941

^

M

18 M

103

German Conversion Offer—

Funding 3s 1946.
German Cons Munic 7s'47 F&A
Cons munic 6s 1947--J&D
German Govt Internat—
5Ms loan of 1965
J&D
5Ms unstamped 1965

/ 33
/ 18
/ 18
*

...

/ 20%
/
Stpd(Canadian holder)'65 /
German Extl 7s
'49stampA&Oj/ 26%

----

----

7s unstamped 1949

_'/

--

Default coups July-Dec*33. / 56
Jan to June 1934.
/ 36
July 1934 to Dec 1936— / 25
Jan to Dec. 1937
/ 25
Jan.-Oct. 1938—
/ 24
Scrip
*
~
5M
Dawes coups Dec "1934"stpd
6 %
Apr. 15'35 to Apr. 15*38-.
12 M
—

—

-

—

33%
21

20
21

20%
20

27

.24 %

.

6%

Young coupons Dec 1*35 stp

June 1 '35 to June 1 '38/
9%
Prov & Comm Bks
(Con Agr Ix>an)6Ms'58 J&D
Graz(Mun)Austria 8s'54M&N f 2~0"
Gt Brit & Ireland—See British
Greek Govt s f 7s 1964—M&N
25 Vs
7s part paid 1964
M&N f 21
Smk fund 6s 1968
F&A / 21
6s part paid 1968-..F&A
/ 19 %
Guatemala 8s 1948
M&N f 28
Haiti (Rep) 6s extl 1952-A&0
75
6s 1953.
65
A&O
Hamburg (State of) Germany
_

German

26 M

23

33
•23 Vs
27 Vs
21

"78

Gold 6s 1946
A&O /
Hanover (City) Germany 7s'39 f
Hanover (Prov)
Germany—
6s
1st series 1957
F&A /
6 Ms 2nd series 1949.. .F&A
Havana—1st 6s 1939-Q-J
—

2d

6s

q-j

Heidelberg (Germ) 7Ms'50J&J /

.....

19

20
22

18%
18

26

92

96

92
....

Hellenic Republic
(Greek)
Sec Wat Wks ext 8s 1952—- / 53
Helsingfors (City) Finland—
Extl s f 6Ms 1960—-A&O
103 Vs

96

20

105

Hessen.^
"17 %

15 M
12 M

Sfgu6Ms Jne 30'61 .J&D31
6%s assented 1961—
S f gu 6s 1961...
A&O

74

12
io x

_

30

17 M

6s assented I960.
Extls f 6s Feb 1961 —-F&A

s

2S

13 %

7% assented 1942

s

7Ms
13 M
63

/ 62

-

"103'

5Ms of '26

101

3.50
to 4.25

60

104

F&A

5 Ms of '22 ext 1961
2d series 1961

7M
10 %

fk 62

—

81

21M
19%
19%
19%

/ 72 M

Internal 4s

100 %
92

M&S / 55

7 Ms stamped 1947

76 M

sf 7s 1951

Frankfurt-on-Main (Germ)—

99

Victory 4s due 1975
100

7

14M

90

_

(School No. 2)—

75

ser 5Ms 1940-—A&O
Customs Administrations—

Australia—

British 4s 1990 opt '60. .M&N
War Loan 3 Ms of 1932

102 M

57
1

5MsPubWksJune30'45J&D

^

^

17

f 6s 1950

55"

Dominican Rep 5 Ms '42-M&S
2d Series 1942
5Ms Cust Adm 1940—A&O

10 %
10 %
7

4

to 1.65

61

i

12 M
10 %

4

4s of 1910

111

51M

/
*
/

Deutsche Bank (see Ind Bds)

7
7

to 1.10

98
Refunding 4s 1939-67.M&S
Duval Co Road 5s 1955.-A&O
115
Duval Co School District
No. 1 5s 1939-1955—- A&O 6 2.00
Escambia Co 6s Aug 15 1951.
101
Gainesville 5Ms July 1939-40- 6 2.00

26 %

4

1.10

_

30

30

7

to

59

95%

102 M

5s

15 M
30

5

Sf 5s 1958

95

30

93

Danzig Port & Wat Ways Bd
Extl s f 6Ms 1952
J&J
Denmark ext 6s 1942
J&J
Ext'l
5Ms
1955
F&A
Trust rets 4 Ms 1962 A&O 15
Denmark Mtge Bk—See Mtge

20

8

10

*

30-yr sf 5s of 1957

30

F&A /

5Ms

19M
15M

6M

1.60

119

27

20 M

.

30

25 M
20 M

5Ms '53—J&J 15

Ext

3

3

.J&J

f

s

Danish

3%
3 %
3)4

5

6s 1940--...
Brisbane (City)

9

—'
20 M

Cundinamarca Dep (Colombia)
Extl s f 6Ms 1959—M&N /
Certificates of deposit
/
Czechoslovak Republic—
Ext s f 8s 1951 ser A..A&O

21

0.25

106
99 M

^

4Ms of 1883
4 Ms of 1888
4s of 1900

1.70

25A

25M

M&N

Extl g 5s 1949

115

A&O

5s of 1895..
5s of 1913

to 2.00

sec

Extl

106 M
105

Extlsf6Ms (1927) '57.A&0

Dade Co 5s Oct 1947-54.A&0
Ref 3 Ms 1940-1947_ .M&S

17 M
30

114

J&J
J&D

f 6s 1955

to 2.35

A&O
.A&O
—A&O

101M
101M

104 M

Belg Govt extl 6 Ms 1949 M&S
s

21
19 M
6

/ 20 M
Funding 5s 1951
M&N / 18M
Costa Rica Pac Ry 7Ms 1949
18 %
5s1949
18%
Cuba (Rep)" 5s "1944——M&S
104
Extl g 4Ms '49 opt
102
F&A
Extl 4 Ms 1977
59 M
J&D

17

106 %

to 2.25

114




18

Bavarian Palatinate 7s 1945..

0.30

to 2.25

Ext

'

to 1.75

1.90
0.25

88

—

External

19M

Cordoba (Prov) Argentina—
Extl s f 7s 1942
J&J
Costa Rica (Republic)"—

25 M
7s 1948
A&O / 25 M
Barrauqpilla 8s 1935-40-46-48 / 22
18M
Bavaria (Ger'yl^Ms '45-F&A

——

55

St

J&J

6 0.25
6 0.30

50

Road 5Ms 1944

M&N

Baden extl s f 7s 1951
J&J
Bank of Colombia 7s *47-A&O /

Extl s f 7s 1969——M&S/
6s 1940
A&O
Brazil 8% ex 1941
—J&D
7s Cent Ry elec 1952--J&D
Extls f 6Ms (1926) '57-A&0

Brevard County School Tax
Districts No. 4 6s 1939-55—
Columbia Co Road 6s 1955—
Coral Gables—
New refunding 2 M-5s 1977-

„

Extl 4 Ms 1956
Austrian Govt 7s 1957

95 M

20M

21

'

100 H
98 M
16 M

-M&S

Extl 7s 1958.

tol.80

FLORIDA

—

—

Certificates of deposit
Bolivia (Rep) Ext 8s *47 M&N

Wilmington—
4 MsBldg—Con'53-'62 M&S
4Ms 1939-1958 (s-a).-A&0

6s 1940-1950

1957

Certificates of deposit..

DELAWARE

Extl g 4 Ms 1953
Cordoba (City)—
Extl s f 7s 1957.
7s stamped 1957—

83
101

Bogota (City) extl 8s *45 _A&0 /

to 1.80
to 2.25

„

5s

_

%

0.25

0.25

5 Ms 1945 1950

*72 A&O
2% Treasury notes 1948—
Australia (Commonwealth)—
Extl 5s July 15 1955-J&J15

Extl sf 7s 1955
Berlin 6Ms 1950
6s June 15 1958

4 Ms Mar 15 1939-49—M&S
West Haven (School Dist)—

_

7s stamped 1937

L50

to 2.00

9%

78%
78 M

3.15

to

5 0.50

15

89 M

to

Extl

10

88 M
86

to 3.00

%

15

95

1.80

ho

10M

jf 32

8s1946

0.50
0.35

1.80

3s Street 1939-1955
F&A
2s Relief 1940-1944—M&N
West Hartford 4 Ms 1943 J&D

2Ms April 1 1939-1947
2Ms April 1 1948-19572Mb April 1 1958-1966
Kent Co 4Mb 1945-1950-M&S
New Castle Co—
5 Ms 1939-1944
J&J
Sussex Co 5s 1939-1970—J&J
4Ms 1939-1953-—
A&O

8%

Antwerp (City) extl 5s '58 J&D
Argentine Repub—
4 Ms s f extl loan 1948.M&N
Extl s f conv 4 Ms '71-M&N

.

(Town)—
*4 Ms Sch 1939-1965 M&N
Torrington 2 Ms 1939-'57 A&O
Waterbury—
5s Water 1939-1971-—M&N
5s Funding. 1939-1943.M&N
4 Ms Sewer 1940-1955—J&J

1952-1953

15

1.75

Stamford

5s

11%

7

2MB 1940-1959
J2&J2
Ridgefield (High School)—
IMS 1940-1963
J15&J
Stamford (C) 4s 1942—M&N
2 Ms 1939-1961
M&N

■

15

Ask

6Ms'50-M&S / 19

-

11%

Certificates of deposit
Extl s f 7s 1957 2d ser.A&O

-

Bid

Rep 6s 1961—J&J /
Certificates of deposit—. /
6s Oct 1961
A&O /
Certificates of deposit—- /
Funding 4s Jan 1 1946
/
Colombia Mtge Bk—
20-yr s f 6 Ms 1947
A&O /
Cer
'
"
*
■
"
jertiflcates of deposit.-_ /
Sink fd 7s(of 1926) '46 M&N /
Certificates of deposit
/
Sinkfd 7s (of 1927) '47 F&A /
Certificates of deposit.
/
Copenhagen 5s June 1 '52 J&D

\v*

%

Norwalk (T) 4Ms 1942-J&D
Norwich 4Mb 1939-1965-M&S

5 Ms

Certificates of deposit—
Extls f 7s ser O 1945-—J&J

%

4Ms Water ref 1950—F&A
(City)—
4 Ms Sewer 1940-1968-M&S
3 Ms 1939-1971
A&O
3 Ms Sewer 1947-70-J&D15

1939
1940-1950

Certificates of deposit. —
Extl s f 7s ser B 1945--J&J

Colombia

to 1.70

Nor walk

5 Ms

10M
8M
10M
8M
10 M
8M
10 M
8M
8%

J&J

A 1945

to 1.50

4Ms Imp 1939-1952._M&N
4Ms Funding 1939-'48-J&D

Dade County

ser

b 0.25

New Haven—

4s 1942-1948

f 7s

Co ogne Germ'y

b 0.50

New Britain (Co)—
4s Munic Bldg 1948—J&J
*4 Ms School 1939-52-F&A

New London—

s

Bonds

Certificates of deposit.
Extl s f 7s ser D 1945. J&J
Certificates of deposit.__
Extl s f 7s 1957 1st ser.A&O

Manchester—

*4%s 1939-1944
M&N
Middlesex County--1 Ms Bdge 1939-1955-M&N

Extl

or

Ask

M&Sf/ 18M

Anhalt7sto 1946

Metropolitan District
2 Ms Wat Sup '3977M&N b 0.25
2 Ms 1940-1978
—J&J b 0.25
Hartford (School District)
*4Ms Northeast 1959.J&D b 2.75
*3 Ms South Sept 1955-M&S b 2.70

5s 1947-19494s 1939-1941

Bid

Bonds

Net

Hartford County—

Yield Basis

or

To

or

Bid

BONDS

MUNICIPAL

AND

Quotations for all securities are as near as possible for the closing

See Munich Bank
Hungarian Cons Munic Loan
s
f g 7 Ms 1945
J&J f
Extl s f 7s Sept 1946—J&J f
Hungarian Land Mtg Instit'n
Mtg 7Ms 1961 ser A..M&N
S f 7Ms'61 ser B($bds)M&N
Hungary (King) 7Ms '44.F&A /
Ext at 4M% to 1979..F&A
Irish Free State 5s 1960-M&N
Italy (Kingd) extl 7s *51.J&D
Prestito Redimibile 3 Ms

12M

9Vs

11%
13 Vs

11

32
29 M

"75M

37 %
108M

77

Specified

28

30

unspecified

"15M

24

26

73

79
55

Ital Cred Consortium for
Pub wks ext 7s B'47 M&S
Pub Util Credit s f 7s'52J&J

35
.35

/ Flat price#

10%
10 M

k Last sale,

n

Nominal.

54 M

Quotations for all securities are as near as

possible for the closing day of the month preceding the date

Foreign Govts, and
Cities (ConcM
Japanese Government—
Sf 6%s 1954
>F&A
Extl s f 5%s 1965
M&N
Oriental Dev Co 6s'53_M&S
Orient Dev Co 5%s'58M&N
Jugoslavia—See Mtge Bank of
Leipzig (City of) 7s 1947F&A
Lima (City) Peru—
Extl s f 6%s 1958—M&S
Lower Aust (Prov)7%s'50J&D
Luneberg (City) 7s 1948.M&N
Maranhao (State) Brazil—
Ext s f 7s 1958
M&N
Medellin (Munic) (Colombia)
78 extl Dec 1 1951
Certificates of deposit
6 Ms 1954
Certificates of deposit

Ask

4s

79

81%

64

66

53%
50%

55%
52%

/

—

23

6%

/ 10%
/
8
/
9%
/
7%

10

11%

s

10%
20

ff....
f 23

1

2M

s

7%

IX

97
40

4-4%-4%% extl readj
bonds of 1937-78

58
.

/

31%

5s

194li::::::::::::::::: /

17

M&N

101%
100
60

55%
/ 48
/ 31

52
35

8%

'

11

10M
10%
38 M

37 M

Poland (Rep of) 6s 1940. A&O
Stab'n 1 s f 7s 1947-A&O 15 /

51M

47 %
J&J / 31
1956. A&O / 25
Coupons 1936-1937
/ 35
Porto Alegre (City) Brazil—
Sinking fund 8s 1961—J&D/
9M
S f 40-yr 7Ms 1966
J&J /
9M
7s 1968
F&A /
6%
Prague (Greater) City—
7 Ms loan of 1932-52.-M&N
55
f 8s 1950

Dollar funding 3s

1951—M&S 15/ 18M
A&O / 18M
103
106

1946—A&O /
Extl s f 6 Ms 1953
F&A /
CMa 1959
/

Rio de Janeiro 8s

6s 1933
Rio Grande

/

—

Do Sul (State)
1946—A&O /
f 1966
M&N /
^Extl s f 7s 1967
J&D /
Extl s f 6s 1968
J&D /
Rome extls f 6Ms 1952..A&O
Brazil ext s f 8s
s

(Monopolies)

21

23
104

106%

6%
6%
6%
5%

6%
6%
5%
5%

8

7%
7

6%
6%
67%

•

7%
7%
9

68%

___

F&A / 15
paid— / 171919— /
► 5 M % ext loan Dec 1921 — /
Saarbrucken (City) Germany
Extl s f 6s 1953
-J&J /
ft (Mtge Bk) 6s ser A '47 M&S / 20 M
r
6s series B 1947
A&O / 20 M
9
Salvador 7s 1957..J&J /
1959

,

18

24%

/

scrip
8s ctfs of deposit

1948

1936.J&J/

J&4 /
M&S /
Extl s f 6s of 1928,1968 J&J /
Sec s f 7s 1940
A&O

J&D

99

J&D
M&S

97%
91%

3s Jan

15 1967
J&J
97%
3s Nov 15 1968.M&N
3%s 1951
M&N 101%
103%
3 Ms 1961 opt '56 J&J
103%
3 Ms, 1949
A&O
107 M
20 yr 4s 1952
A&O
110%
30-yr 4* I960A&O
15-vr 4Ms 1940
M&S 104%
Refunding 4 Ms 1944.A&0 111
108%
5s Nov 15 1941.
M&N
112
Refunding 5s 1943
A&O
5s May 1952
M&N 110%
Alberta (Prov of)—
Gold 5 Ms 1947
J&J / 62
Gold 5Ms 1952...
A&O / 62
Gold 5s 1948
J&J / 57
5s 1950.
A&O 15 / 57
Gold 5s 1959
A&O / 57

30-yr
14-yr
25-yr
15-yr

—

.

"

7%
0%
18%

110
99

97%
96

97%
100

98%

99

97%
111
111

112

105

106%

112%

78

81

70
72

73
76
66

63

66

60

63

102

100%
105

107
109
108

105
99

"99""

96%
90

93
98

95

97
95
92

89
85

92

103

106

97%

99%

95

97

94

96

90

93

89

92

b 3.50

to 4.00

Athens—4%sJune 30 1943—
Atlanta—4%s Jan 1 1940. J&J

Road 5s 1949-1953

102%
104%
99%
99%
92%
98%
98%
102%
104

104%
108%
111%

5s Water 1939-1951

%

to 2.00

103""

ret 1939-1945
Albany—5s 1945
Appling County—

4 Ms 1939-1956
Augusta—4 Ms Flood'42 M&N
Bibb Co 4 %s 1948-49—M&N
Clarke Co 5s 1939-1944—.J&J
Columbus—5s 1939-1944.J&J
Crisp Co—
Hydro-elec 5s '39-'57.F&A
Dougherty Co 5s *39-'48 M&S

2.10 %-

to 2.50

J°25
1

to 2.50

%

T.50

&~2.oo"

J&J b 1.25
J&J b 1.25

1.90 %
2.40 %

6 2.00

6 2.50
6

1.25
1.25

to 2.20

6 3.00

to 3.50

6

%
%

to 2.25

6

to 2.75

1.25

%
%

Macon—

111%

4s Pav & Sew 1939
J&J
Marietta 5s W W 1939
F&A
Pulaski Co 5s 1939-1948..J&J 6 2.25

109

112%
111%

Savannah—4Ms ref 1943.J&J
4Ms Drainage 1944...F&A
4Ms Refunding 1959.-F&A 6 2.60
2 %s. 1943-1967—...J&D15 6 1.25
Spalding Co—5s '39-'49_-J&J 6 1.25
Swainsboro 6s 1939-50—A&O 6 2.75

1.25

Rome 4s Mun bldg 1939. A&O

105

65
65

59
59

59

57

Valdosta 5s 1939-1942
Jan 6 1.25
Ware Co 5s Road 1939-49 J&J 6 1.25
100
Watkins S D 6s 1939-50.M&N
Woodbury 6s 1939-1949.J&D 100

1.25
3.00

to

f?25
1.75

,2.00
2.50 %

2.35 %
%

to

to 2.75

to 4.00

%

to

2.25 %

to

2.75 %

105
105

57
57

57
57
56

IDAHO
Cap Bldg 1939
J&J
Impt 1939-47 opt '30—
Ref 1939
A&O
ref 1940-1945
A&O
Road 1939 opt 1927.J&J
Boise City 4%s 1951
J&J
..

0.75 % less

4%s
4 Ms
4%s
4 Ms
4 %s

96

98
81

Halifax N S 4s July. 1945
5s Jan, 1951
J&J
Hamilton—

102

104

110M

112

0.75 % less
M
0.75 % less
1.00 to 1.50 %

ILLINOIS

78
78
78

4Ms Serv Comp *39-'43.Aug 1
4%s Serv Comp '39-'43.Aug 1
4Ms Serv Comp '39-'44_Aug 1
4s Highway 1939-1943 .May 1
4s Highway 1945-1954..M&S
4s Highway 1955-1958..M&N
3 Ms Emerg Rel '39-'47 Dec 15
3 Ms Emerg Ref '48-'54 Dec 15

4s Elec L & P 1941
A&O
Lachine P Q 5s 1954—... J&D
Manitoba (Prov) 5s '44.J&D 2

4Ms May 1. 1945
M&N
4Ms Dec 15,1956—J&D 15
Montreal 5s Dec 1, 1945.J&D
5s s f Nov 1, 1956—-M&N
4Ms May, 1954
4%s Jan, 1944
J&J
4 Ms 1940-1951
A&O 15
4%s June 1, 1971
J&D
4s May 1,1944
M&N
3 Ms refdg May, 1939.M&N
Metrop Co 4 Ms '53t'54&'61
4 Ms May 1, 1965
M&N

101

81

81

103

106

103

106
92

89
85 M
82

105

106%
104%

102 M

101M
100M

A 1/

c

0.30

to 1.25

0.30

to 1.30

0.30

to 1.25

0.25

to 1.15

1.50

to 1.85

1.90

to

2.00

0.25

to

1.60

1.70

to 1.90

Champaign
5s

Road

3.00 %

M&S

6 1.75

to

1939-1943—M&N

6 0.75

to 1.75

6 1.00

co

County—

100%
99 M
99 M

%

Chicago—

103

3s 1941-1944

1.75 %

102

3s 1945-1948.

6 2.00

to 2 25

100%
99%

99

98

%
3.00

\\T a fop

1939-1961 opt 1952

85

105

0.75 % less

Bloomington—

87

103

3s 1957 opt
3s 1957 opt

1939-1940—1941-1942—.

6 par
6 1.75

to 1.50

101

3sl956 opt 1945-1949
3Ms 1951 opt 1940
3 Ms 1952 opt 1945—

6 2.25

3 Ms
3 %s

%
%

to 2.40

101

101

Commissioners—

to 2.00 %

L75
2.30

2.40

1953 opt 1946
1955 opt 1951.

2.60

M&N

119:

120%

4s 1940-1944

6 0.75

to

.M&N

1969

1939

101

102%

4s 1945-1948

6 2.00

to 2 25

1950
1952

M&N
w-J&J

109

112

4s 1949-1950

6 2.30

to 2 25

109

112

4Ms 1954
6 1.75

to 2.25

%

6 2.50

to 2.75

%
2.50

110
Debenture 5s 1960
J&J
1955
M&S 105
106
4%s 1960
A&O
103
4Mb non call 1958.M&N 15
103
4%s s f Apr 15. 1961 A&O 15
97
Sfdeb3Msl948_
A&O
North Vancouver 5s '60.-J&J / 27
4 Ms

8

110

J&J b 1.25
J&D b 2.50

4 Ms

100
98

S fdeb 5Ms
S f deb 5Ms

Extl 7s 1956

117

to

4Ms non-call 1944...M&N
J&D
4%s June 15 1950—J&D15
4s Aug 1 1946
F&A15

101

9

Extl 8s 1950

to

101

92

97
96

6

13 M

125

101

J&J14

99 M
99 M

5s Nov 1,

11%

111
to

96

4Ms 1939-1946
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
5s s f 1955 & 1960
A&O

5 Ms

12

119

116%
102

4 Ms June 1 1946

New Brunswick—

13 M

110

101

...

99%
99%
100%

57

55
4Ms Jan 15. 1942—J&J 15
55
Deb 4 Ms 1956
A&O
55
4Ms Jan 15.1957——J&J
4Mb July 16. 1958
J&J / 55
4 Ms Apr 1, 1961
A&O / 55
4 Ms June 1, 1967
J&D / 55
54
Debenture 4s 1954
J&D

8%

Santa

8% external loan

99-K
102%
102%
101 %
103%

3s 20-year 1958.
3s perpetual

7M

/ 16
/ 13

Catharina (Brazil)—*
8s 1947
F&A /
San Paulo (Brazil) State of—

98%

.J&D
M&S
J&D
J&J
J&D
M&N
F&A

20-yr 3s 1955

Harbor

•

8s 1948

var

Brit Col (Prov) 5s *48. -J&J 15
5s Apr 25, 1954
A&O 25

Feb 1937 coupon
Russian 6 Ms June 18

Certificates of deposit— /

7-yr 2Ms 1944
10-yr 2Ms 1945

110

107%
107%

GEORGIA

"

10

-

Queensland (State) 7s '41 A&O
Ext g 6s Feb 15 1947 F&A15
Rhine-Maine-Danube
See Industrial Bonds)

1941
2s 6-year 1944
2%s Jan 15 1944
8-yr 2Ms 1943—
notes

to"l07

102

Winnipeg. Man 5s 1944..A&O
57%

(American Dollar Quotations)

l%

116

104

115

4Ms 1942 and 1967—F&A
Verdun deb 5s 1954...

*

Dominion of Canada-*ls (lM-yr) 1939

111
115

to

101

var

5s 1950 & 1951 var
5s Jan 15 1970

50

20M
20M

1950-1959

58 1940 & 1941
5s 1945 & 1946

"39%

Wurtemberg 7s to 1945-M&N f 18M
55%
Yokohama extl 6s 1961—J&D'

18 M

to

112

105

4Ms 1946-1961
4s £ July 1 1948
3%s July 1 1944
Vancouver, B C 5%s '39.A&O
5Ms 1952
F&A

19

/

Westphalia (Prov Bk) 6s 1933 /

Stamped
scrip..(National Bank)—
6Ms series A & B 1946-47— / 95
6Msseries C & D6Ms '48-'49 / 95
Parana (State) Brazil 7s 1958. /
8
Pernambuco (State of) Brazil
Extl s f 7s 1947
M&S/
5M
Peru sec s f 7s 1959
M&S/
9
Nat Loan extl 6s 1960.J&D/ 10
Extl s f 6s 1961
..A&O / 10

4s

/ 35

54 M

45

4%s 1939...
4%s 1940-1941
4%s 1942-1945

42%
36%

41

;

Panama

78

f
F&A

s

116%
112%

111M
100M

J&J

5s

41

/ 37

/

70

117

J&D
A&O
A&O
A&O
A&O
.J&J
J&J

5s 1940-1950

CANADA

f 5s 1963..

Institute

*

4%s assented 1958....F&A

1955—A&O 100%
/ 30
(City) 6 Ms 1952
98
(Rep)ext,r>Ms'53 J&D

Roumania

39%

M&N15
Toronto 6s 1939-1940
J&J

Net

122

Mar"i5"m6rr-M&S

41

Warsaw (Land M Bk) 8s 1941

f extl 4 Ms

*^7s extl

f of '37 1978. J&D

116
115
120

4s Nov 15 1957

external conversion 1979.
s

4yl

51

QQ

Ask

63

44%

f 40
/ 40

Vienna (O) extl 6s '52
M&N
Warsaw (City) 7s 1958..F&A

(Australia)100
F&A
100%
Extl s f 5s 1958
A&O
Met Wat Serv & Dr Board
Dec 29
S f 5Ms 1950
A&O fclOO
105%
Norway ext 6s 1943
F&A 104
104%
105%
External s f 6s 1944—F&A
4M8 extl sk fd 1956—M&S 104%
104
102%
4Mb extl sk fd 1965—A&O
Sk fd ext: 4s 1963
F&A 100% 101
Norway Municipalities Bank
104%
► Guar 8 f 5s 1970
J&D 104
22%
18%
Nuremburg extl 6s 1952.F&A
Oldenburg (Free State) 7s 1945 / 18%
Oriental Devel—See Jap Govt

6Ms

46

F&A / 42
M&N
M&N

Conversion scrip
Venetian Prov Mtge Bank—
5 f 7s 1952 ser A
A&O

f 1957

6s 1952

91.12

3%-4%-4 5-16% extl

See Panama.
New South Wales

Prussia

50%
54%
13%

51
/ 13

54 M

F&A /

101

_

45

53%

5s funding 1956
Second 5s 1956

s

.

53 %

Nov '32-May '35 coupons..
Nov '35-May '37 coupons..
Munich Bank—

33

3Ms extl re-adj 1984..J&J

35

96

38

99

F&A

52

45

25%

/ 30%

3%-4-4% % ($ bds of 1937)
external readjust 1979
3%-4-4M % ($ bds of 1937)

7%

'

Extl

1960

4Ms
1939-1944
J&J
4 Ms
1943-1960
J&J
Quebec (Province)—
8-yr 2 %s 1944
M&N
15-yr 3s 1951
M&N
3 %s 1949
J&J
3 Ms sf deb 1952
J&D
4%s 1961
M&N
4%s 1956
J&D
Quebec City—
5s S F (non-call) 1960.M&N
Saskatchewan (Province)—
5s 1943 (non-call)..J&D15
5s 1959 (non-call)
M&N
4Ms July 21945
J&J2

30

nnK.

J&D

49

(City) 7s *52. J&D
A.M&N

.

^6.52

Extls f 6s 1964

Conv

f 6s 1959 ser

s

f 6s

26

25 M
24 M

/
/

of 1912-1952.

Extl

Ottawa City 5s '39 '45
J&J
6s Munic Imp '89-'50—J&J
5s July 1, 1939-1956—J&J

.

Gold 7s 1943

2M
56 M

Mtge Bank of Jugoslavia—
Secured s f 7s 1957
A&O / 38

Extl

M&N
B...M&N

Uruguay 8s ext 1946

%

Scrip
Mtge Bank of Denmark—
Exch s f 5s 1972 ser IX J&D

s

ser

M&S
f5Ms 1961.
A&O
(Dept of) 7s '47.M&N
t Union of Soviet Soc Republics

Minas Geraes (State) Brazil
Extl 6 Ms 1958
M&S
Extl 6Ms 1959 ser A..M&S

Panama

1962

Extl 7s

Extls

55

25

Serbs Croats & Slov (King of)

assented 1958
Sydney (City) N S W—
25-yr s f 5 Ms 1955
Tokyo (City of)—

1%
%

Hydro Elec Pow Com—
4%s Jan 1, 1970—J&J 2

State

4 Ms

1%

6

5%

M&N
Mtge Institution
J&D
Sink fund 6Ms 1946...J&D

Extl sec 6s 1943
Saxon

5s

£20 pieces

Oslo

4s May 15,1939-43.M&N 15
4s May 15,1944-57.M&N 15
4s May 15,1958-68.M&N 15

58

6

(Prov) Poland—
Extl s f 7s 1958
J&D

76
79

73

£100 and £200 pieces——
Milan (Italy) ext 6 Ms '52.A&0

Panama

14%
7%
6%

f 6 Ms 1957.M&N 15

Tolima

1945
Natl Bank of Panama—

20

13%
6M

Silesia

gtd 4%s

Hessen 7s to

17%

13 %

M&N

f 7s 1961

s

Extl 8s 1962

20

5s assented 1945
4s of 1904-1954
J&D
48 assented 1954
J&D
Extl 4s of 1910 (£20 pieces)
£100 and £200 pieces
Treas 6% notes *23 ext to *33

s

17

45

..A&O
Santiago(City)Cbile7s '49 J&J

Extl

M&N

4%s 1944
M&S
4Ms Jan 15, '39-'47—J&J 15
4 %s Jan '15 '48-'57-J&J 15
4Ms 1939-1970
M&N 15
4s 1941
~.
M&N

6s 1947.

/

(Republic)—

5s extl

71

fr

Sink fund 7s 1945

5s extl loan of 1899 1945—

s

A&O
stamped.__—A&O
Colombia

7s 1945
4s 1945

'43..M&S15
J&J

5s 1959

4antander (Dept)
Extl s f 7s 1948
Extl

Stamped assented

Extl

68

65

8ao Paulo Brazil 8s 1952 M&N

12%
11%
fk 25% Oct 19
/ 21

/

South Wales

Montevideo

Ontario (Prov) 6s
5 %s 1946

81

(Prov) 7s 1942.M&S
Stamped 1942
Fe (City) Arg Rep extl

To

or

Bid

Bonds

Net

4anta

7%s extl s f 1951
J&D
/ 77
Stamped
Metrop Water Serv—See New

Mexico

Bonds

Net

Ask

Bid

Santa Fe

Mendoza (Prov) Argentina—

Mexican Irrigation s f

) ield Basis

To

or

To

or

Bid

of issue

Yield Basis

Yield Basis

Bonds

93

BONDS

MUNICIPAL

AND

STATE

JAN., 1939]

112

M
M
M
M
M

107
108

105
105
99

30

1.75

1
2°.75

Board of Education—

3s 1957 opt
3s 1957 opt

1941-1943
1945-1947—
1946
4 Ms 1954 opt 1944
Chicago Park District—
3 Ms 1956 opt 1946

—.

3 Ms 1955 opt

„

2.10

105%

106%
0.40

t Quotations per 100 gold rouble bond,




M&S

116

118

4s 1955 opt
4s 1955 opt

6

Deb 4 Ms Sept 15'52 M&S15
Deb 4Ms 1960
M&N 15

il*

108

109

4s

6 2 40

to

2 .60 %

110

111%

4s

6 2.65

to

2.75 %

Nova
Deb

Scotia
5s

(Prov)—

1960

equivalent to 77.4234 grams of pure gold.

6 Basis. / Flat price

1939
1940-'44—
1955 opt 1945-'47—...
1955 opt 1948-'55—-

k Last sale

n

Nominal.

1.00

to 2.25

%

94

STATE
Quotations for all securities are

AND

MUNICIPAL

Yield Basis

Yield Basis
To

or

Bonds

Bid

Bonds

1939-1948-

1

b 1.00
b 2.40

to 2.60

b 2.65

to

b 1.00

to 2.25

b 2.40

to 2.60

b 2.65

to

b 0.75

to 1.75

b 1.00

—

to 2.50

to 2.25

1940-*44
1945-'47
4s 1956 opt 1948-'52—_—
Granite City 4 Ms 1939-48 J&D
Jackson Co 4Mb 1939-46-J&J
La Grange (Village of)—

to 2.60

2.75

b 1.00

to 2.70

2.30 %

b 0.40

Evansville 4sref 1942-.
Fort

to 2.25

A&O b 1.50

to 3.50

J&J

Wayne—

%

ft.,

3.85s

to 3.20

50
to

5 Ha Track Elev *39-'47- J&J b 1.50
4s Fire Dep J'ne 1 '41-J&J

to

4 lis Sch

Jme 15'40 J&D15
4Mb
1939-1955
J&J 5 T.so"
Indianapolis S D—4s Blag Sept 1 1946—J&J
3 Ms July I 1941
J&J

3.25 %
2.50 %
2.00
1.75

to3~.65

%

F&A

to

to 1.00
to 2.75

less

4 Ms

6 0.75

to 1.00

4Mb

6 1.00

to 1.10

6 0.50

to 3.00

6 0.50

to 1.25

6 0.75

to 1.00 %

6 1.90

1.75

lass

6

1.80

1
%
%

Sioux

City 6s '39-'45-F&A15 6 0.75
6s Ref Aug 15 1940..F&A15 6 1.00
4Ms Sewer 1939-47..M&N 6 0.50

less
to

to

111

112

1

1.70

KANSAS
to 1.90

IS90
1.00

1.50

to 2.30

to 2.30
to 2.00

%
%
%
%

4s Sub 1957 tax-ex

194-53

to 3.15

3s

to 3.35

J&D 6 1.25
J&D 6 2.90
J&D 6 3.20

a

July 1968

J&J

0.90
to 1.50

6 0.40

to 1.80

6 0.40

to

6 0.80

to 1.70

%
%
1.90 %
%

107

103

102 M

103

102M

103 M
103 M

102M
103

48 O H '39-'45 tax ex..A&O 6 0 75
Portland Bridge District—
3 Ms July 1. 1939-1947
6 0 75
Portland Water District—

103

102 M
102

103
103

103

4s

Funding 1948
J&D
2Mb Water May 1 1953—-

6 3.55
1955.J&J 6 3.70

3.50

3.25

6 2.50

3.25
2.25

6 3.80

3.65

100

4s 1939-1963

to 2.80

Louisville—5s Sch 1962..A&0
4Mb Hospital 1951...M&S

6 2.45

2.35

2.30

2.10

4Mb Ref 1965
J&D
4Mb Jan 1 1970
F&J
4Ms sewer 1969
J&A
4s
Sewer 1947__
F&A
4s Lou
W Co
1950-F&A

2.50

2.35

2.55

2.40

2.55

2.40

1.80

1.75

2.35

2.10

4s

F&A

2.50

2.40

J&J

2.55

J&J

1.50
1.10

City Hall 5s

Sewor 1965
4s Jan 1 1970

3Ma

Ref

1943

to 3.10

w

w

t Less 2

bid side.

0.75




to 2.30

%

to 1.00

%
%
%
%
%
%
%
%
%
%

to 1.90
to 1.75
to

2.30

to 2.25

to 2.00
to 2.50

to 2.00

2.00

3.50

4s Mar

1955

to 3.00

%

2 30 %

3.25

2.30 %

1.

1961

to 2.20

%

2.25

#

to 2.80
to

%

3.25 %

to 2.80

%

to 1.10

%

0.30

to 1.10

%
%

0.30

to 1.50

0.30

to 1.60

0.60

to

0.60
1.75

to

%
1.80 %

to 1.60

0.40

to 2.50

1.25

to 1.60

to

J&D 6 2.10

M&N 6 2.15
M&S 6 2.35

%

2.00 %

%
%

to

4s 1939-1944.

A&O 6 0.25

3.50
on

4s 1956-1965

to 1.50 %

M&S 6 2.35

to 2.40

bid side,

a

to 2.10

1.75

1.60

0.25

to

0.25

to 1.00

%
3.30

to 1.50
to 0.90

%
%

to

1.90 %

6 0.50
b 0.50

to

1.90 %

b 0.50

to 2.25

b 0.25
b 0.25

to 1.05

to 2.50

to

b 0.50
b 0.50

%

2.20 %

to

b 0.30

%

%
2.00 %

to

to 1.80

%

2.25 %

to 1.95

3Ms 1939-1942

to

Price shown is for average maturity,

%

b Basis.

%

to 0.90

2.25 %

to

to 1.70

%
/o

tax-ex M&N b 0.25

to

1.00

2s 1939-1947
J&J b 0.25
Methuen (relief and sewer)—
2Ms 1939-53
M&N b 0.40
New Bedford—

to

1.60 %

4s

Bridge 1957

to 2.00

J&J

Ref lMs 1939-1948...A&O b

%
2.70

2 Ms 1939-1947
A&O
0.40
Pittsfield—
4s Dec 15 1939-1944...J&D b 0.25
2Ms Dec 1 1939-1955..J&D b 0.25
0.25

Quincy 2Ms 1939-47
A&O b 0.25
Reading—
1 Ms school 1939-58.M&N15 b 0.25
Salem 1 Ms 1939-1948..-M&N b 0.25
Somerville—
3 Ms School 1939-1954.J&J b 0.50
Relief 2 Ms 1939-1948.A&O b 0.50

to

2.00 %

to

1.25

to 1.90

1.50 %
to 1.60 %
to

to 2.00
to

0.50

%

1.60 %

to 2.10
to 1.75

to 1.50

%
%
%

Springfield—
3 Ms Water 1939-1960.J&D
2s sewage disp 1939-68M&N

0.25

to

0.15

to 2.10

1 Ms Relief 1939-1946.A&O
Waltham 2s 1939-1948..J&D

0.15

to

1.30 %

0.25

to

1.75 %

Watertown—
1 Ms relief 1939-48...M&N b 0.20

2.00
/o

to 1.50

%

0.25

to 1.75

%

0.25

to

1.40 %

0.25

to

1.95
1.45

Wellesley (Town)—
H

S

1939-1952
M&S
Winchester 3 Ms 1939-46.J&J
Worcester (City)—
1 Ms Funding 1940-58..J&J
lMs 1940-1948
J&J
1 Ms relief'1939-48-.-.A&O
2Ms Hospital 1939-49.J&J
MEXICO
See Foreign Govts, page 93.
MICHIGAN
5 Ms July 15 1941
J&J 15
5Ms Oct 15 1941
A&O 15

5Ms Highway 1941
J&D
2.50 5s Highway 1940
J&D
1.75 4 Ms Highway 1943
F&A
2.25 %
4 Ms Highway
Impt 1944 A&O
1.90 %
4s Highway Impt 1942._A&0
2.00 %
Ann Arbor—
2.10 %
W W ref 4 Ms 1939-1948 J&J
2.25 %
3 Ms 1944-1946....
2.35 %
Battle Creek
2.30 %
4 Ms Sewer 1939-40.-M&N

1945-1971
M&S 6 1.60
4s Regis'd stk 1946-57 M&N 6 1.70

%

0.25

to 1.00

to 2.25

1 Ms Relief 1939-1946.A&O

030

4s

to

2.35

-

to

M&S

...

0.25
0.35

Maiden 2Ms 1939-1958--F&A b 0.50
Ref 1 Ms 1939-48
M&N b 0.25
Medford—

n

3.65 %

J&J 6 3.75

t Less 1M

Parks

£
?0O

2.30

to

J&J b 0.50

2s

4Mb Mar 1, 1939-'55._M&S 0 0.40
4s Aug 1. 1951
.F&A b 2.00

3.60

1939-1970.-A&O 6 3.80
on

1939-1961*.
A&O
5s Gen Imp 1943-45— -M&S
A&O

5s Water 1961
5s registered 1946

4s Annex 1954

Paducah—

4Ms

5s

4s

3s Sew & Park 1941
J&J
Owens boro—5s
Sewer.-J&D 6 3.70

Warren Co—4 Ms *39-'59

%

2.15

-

MARYLAND
4Mb 1939-1942
J&D15 5
4Mb 1939-1942
J&J b
3s ctfs of indebt '39-'50--A&0 b
2Mb ctfs of indebt,
'1939-1951
A&O
1940-1952 June & Aug 15-1Mb ctfs of indebt—
F&A 15
Annapolis 4Ms W W *42-A&O
Baltimore—

103

....J&J 6 1.00
*39-'55—F&A 6 1.00

.

111

South

3.55

6 3.50
6 3.50

to

0.25

4s Sewer 1939-1956...M&N b 0.50
Is 1939-1941
...A&O b 0.25

to 2.50

6 2.31

Portland Sewer Dist—
4s
1939-1950
M&N b 1.00
Waterville 4Mb 1940-50—.—
b 2 50
Westbrook 4Mb 1939-48
b 1 00

to 3.10
to 3.10

Lynn—

Kennebec

Pub Wks Nat
Recovery
_

Lowell—
2 Ms 1939-1947

Portland—

102M

to 2.25

to 3.10

Water District—
4s Ref May 1, 1950..M&N 6 2.60
Old Town Water District—
4s
July 1952-1958
J&J

4Mb 8 I *42, '47 & '52M&S

„

M&N

6 1.00

3
1

to 2.25

to 3.25

to 3.30

MAINE

102M

102

Covington—
4Ms 1939-1950
r.-A&0
4Mb WW 1939-5rf
J&J
4s Fdg 1952
opt '42..F&A
4Mb School Jan 1 1939-69..
Henderson County—
4 Mb R&B Oct l'39-'66 A&O
Lexington—-

110

113

—

b 0.25

2MB 1939-1946.......J&J
2Ms 1939-1968._M 2 & N 2
4s 1939-55 (tax-ex)
M&N
Framingham—
1% relief 1939-43—M&N15
lMs water 1939-58—.M&N
Holyoke—
4s School 1939-1950._.A&O
2s G & E 1939-1947... A&O
Lawrence (wat h'way & b'dge)
2Ms
J&D

107

111

4s Wat Wks Sept 1 1939-40 6 0 75
Bath 4s Ref 1941 tax-ex. J&D 6 2.50
Bolfast 4Mb Ref '39-'50 M&N 6 3.75
Brewer High Sch Dist—

Ashland—

Bowling Green—5s

to 2.90
to 3.70

106

0.75
2s Improve'mt 1939-56
A&O 6 0.75
Auburn 4s 1939-'40 tax-ex. J&J 6 0 75
Augusta—4s Oct 15 1939-1955 6 0.75

to 3.15

to 2.40

lMs 1939-48.
M&N15 6 0.20
Everett 1 M« 1939-1941 „J&J 6 0.25
1 Ms Relief 1939-1948. .J&D 6 0.30
Fall River—

110M

b 0.75

to 3.10

b 0.40
b 0.50
b 0.40

106
to 3.60

108M

—F&A

H'way & Bdge '39-'54_A&O

1939-1945

._

Easthampton (hi'way & relief)

107

111

5s Dec 1, 1939-1969___J&D 6 1.25
4Mb W W & Sew '39-'54J&J 6 1.00
4Mb May 2, 1939-67^ M&N2 6 1.00
Tensas Basin Levee District—
5s Jan 1957
_J&J
109

4Mb

b 0.50
J&D b 0.50

106

99
99

109

Red River A & B B District—
5s 1950 Series B
_A&0
5s Mar 1953 opt 1943.M&S

1.75
2.00

b 0.25
2 Ms Dec 15 1939-T960--- b 0.25

to 3.90

-

%
%

2.20

109

97

—

3.15

3.15

J&J

2Ms Oct 1 1939-62..A&O 6
Braintree—4s 1939-1941.J&J b
Brockton 1Mb 1939-'48..A&0 b
Cambridge—
2s 1939-1958..
A&O 6
1 Ms 1939-1946
.F&A 6
1 Ms 1939-1942
F&A b
Chelsea 4s 1958....
M&S

97

a

0.80

6 0.30

M&S b 0.40
J&D
J&D

Sept 1 1939-1956-M&S
2Ms 1939-1955
J&D
Subway 2Ms 1939-48.J&D
2Ms 1983
J&D
Metropolitan District—
2Ms ser A 1939-58..M&S
2Ms ser B 19 10-62..J&J

to 3.15

Saline Co 4 Ms 1945
Sedgwick Co 4 Ms 1940
Shawnee Co 4 Ms 1944

1.60

April 1 1939-1957

2 Ms 1939-1968

to 3.20

5s

1.90

to 2.90

6 3.20

to 3.50

to 3.60

5s 1965 Series D

to 2.75

6 2.70

to 3.00

%
3.50
3.15
3.40
2.70
3.10

—

3.70

6 2.00

5s

to 1.50

A&O

2 Ms

194.5-1960

to 0.85
to 1.00

3 Ms 1939-1951

to

to 2.80

4s Sept 1, 1939-1953
M&S b 0.75
4s Highw & Bdge 1939.-M&N >.
0.75
4s Highw & Bdge '40-44 M&N b
1.50
4s State Pier 1939-1942. _M&S " 0.75
3 Ms 1939-1951
M&S b

1.60

to 0.50

4s Sub 1958 tax-ex
J&J
4s Tun & Sub '59 tax-ex J&J
4s relief 1939-53
J&D b 0.40

6 1.00

_A&0 6 3.05

1.00

„

102 M
to 3.00

3 Ms June 1 1943
3 Ms June 1 1944
3 Ms July 1 1945

1.65

Project No 141945—

106

101M

Reno Co 5s 1941

.

112

1961-1980
to 3.35
1939-1950
J&D 6 1.25 to 3.00
Constitutional 1942. J&J
103 M
104 M
4s Pub Impt *52 opt *42-J&J
108
109
4s Pub Impt 1942
_J&J
102 M
103 M
Orleans Levee District—

1.75

to 0.30

Ms Sept 1 1981
M&S
4Ms Tun 1960 tax-ex._A&O
4 Ms Dec 1976
J&D
4s Tunnel & Sub 1948 J&D

Shreveport—
to 2.25

2.00 %

to 2.00

4

4s

2.10

1.35 %

Boston—

Orleans Parish Sch Board—
5s 1939-1944'
—___J&D b 1.25
5s 1945-1967
J&D b 3.00
Plaquemine Parish E Bank—
5s Oct 1052
A&O
105
Pentchartrain District—
6s 1944.
M&N
108

1

to

to

0.15

J&J 6 1.10

109

July 1950-1959
J&J
107
♦4Mb 1939-1961
A&O
105
♦4Mb Sept 1. 1939-'68.M&S
105
4Mb Non-callable 1952 J&D f 3.60

to 2.00

to

101H
102M
102M

1944-68.-

Hurricane & Flood Damage—
M% 1939-43
M&N15 6 0.15

4s

2.25

less

1.25

...

reg

1 Ms Pub Wks.
.Sept 15 '39-'40 <> 0.15
Is Pub Wks Feb 15 1939-41— 6 0.15

110

Sewer and Water—
4 Ms 1939-1945

to 1.70

Woodb'y Co Fund 2Ms'42-'46

KENTUCKY
Bridge Revenue Refunding—
Project No 1 July 1 '50 J&J
Project No 2 July 1 '50 J&J
Project No 3 July 1 '50 J&J
Project No 9 July 1955 J&J
Project No 8 July 1 1945
Project No 10 July 1 '50 J&J
Project No. 11. 1952
Project No 12.1947
Project No 13 1953

2s

0.15

Arlington 4s 39-'42(tax ex)J&J 6 0.25
Beverley—
lMs 1939-1948
A&O 6 0.25

4s 1946-1956

to 1.80

less

Topeka 4 Ms 1948
5Ms Jan 1 1941
J&J
Topeka S D 4Mb Mar 1 '39-'46
Wichita 4Ms 1939-46.__J&D
Sch Dist ref 4Mb '39-48F&A
Wyandotte County—
4Mb
1940-1945
J&J

,

2.50

5s

to 2.10

Dist4Msl939,54J&Jl6 0.40

110

1 1942-1964.-M&S 6 2.90
Orleans District—
5s July 1940-1949
J&J
105

1.70

1.25

Leavenworth—
4Ms Water 1939-1947.J&Ji6 0.40
Leavenworth Co 5s 1945
McPherson 4 Ms 1945__

1.10

2Ms Dec 1 1939-1947
J&D 6
2 Ms reg July 1 1939-67
b
Metropolitan Water Loan—

%

110

4s Mar.

1

0.75

4Mb Imp July 18 '49--J&J
Board or Education—
4Ms 1939-1953
F&A 6 0.40
4Ms 1939-1953
J&J 6 0.40

0.70

110

4Mb serial gold 1939-45
4Mb serial gold 1945-60
4Mb serial gold 1961-80

1

2Mb 1939-1956
J&J
Sioux City S D 5s 1941 ..J&J

Soldiers' Compensation Bonds
4Mb. 1939-1952
J&J 6 0.25
4s. 1953-1954
J&J
Kansas City 6s 1942
F&A
4Mb Wat & Light 1944.J&J

110M

%

ft*
0.50

_

108

3Ms Ref 1939-1962...M&S
3 Ms July 1 1953-1968
4s July 1 1940-1952
•_

lesslM

May 1 1939-47—

J&J

108

4M8 1939-1944
—A&O 6 par
4 Ms 1945-1966
A&O 6 3.05
Public Belt Bridge Rev—
4s 1939-1945
A&O 6 1.00

lesslM

6

M&S

to 1.90

107M

4 Ms
4 Ms

Davenport Indep Sch Dist—

4s Sept 1 1945

to 1.65

0.25

M&S
3s gold Water Jan 1 1941.J&J

to 3.10

104

1

3.30 %

0.25

106

5s Dec 1952 opt 1942_-J&D
New Orleans—Public Belt—
5s 1939-'44 opt 1939-J&J

1

%•

3.25 %
3.30 %

(tax-exem) J&J

3 Ms Water 1942
3 Ms gold July 1944

99

110

2.75 %

to 3.25

3.40

..

107

1956-1970
A&O
Lake Borgne Dist Levee—

2.00

%
%

MASSACHUSETTS

105

2.25

Lee Co Prim Road 2 Ms. 1948 6 1.75
Lyon Co 2Mb May 1 1939-47- 6 0.75
Marshalltown—
4 Ms Water 1939-1944-A&O 6 0.50
Sac Co 2Mb
6 0.75

.....

J&J

4s 1939-52 (tax
exempt)__Var
4s Water registd 1939-58.J&J
3 Ms 1956 ref

3.25

95

5s 1959-1969__
F&A 15
58 1972 opt '62
Lafourche Basin Levee—

2.50

5HB 1941
—M&S
South Bend School City—
4Mb Impt 1939-1948.F&A b 2.00
IOWA
4Ms
1939-1942
J&D 6 0.50

to 3.25

_

J&J
J&J
'52.A&0
5s Oct 15,1963 op»53 A&O 15

2.25

Bo Bend 4 Ms W W '43-M&N

M&S

5s 1969

3

to 3.00

3.40

6 3.30

5s

4Mb 1944

4Mb Sewer g 1973

5s 1952 opt 1942.
5s Oct 15, 1962 op

%

Indianapolis—

Des Moines Ind S D—
4 Ms Sept 1 1945

1.00
1.00

97 M
to 3.30

o

Baton Rouge—5s '39-'54 M&S 6 1.00
Bossier Dist Levee 5s '54-A&O
108
Caddo District Levee—
5s 1951 opt 1941
J&J
Fifth District Levee—

to 2.20

Hammon (City)—
4s O H 1942-1956—J&J30 b 2.25

1939-1940
M&N
1940-1941
M&N
Des Moines 5s 1939-'57
J&J
4Hs W W 1939-42
J&D
6s Gen Oblig 193940--J&J

A&O
A&O

5s 1950 opt 1940

lis 1939 to 1957
A&O b 1.50
Fort Wayne School Dist—
5s Oct 1 1939-1943
b 1.50
Gary Sch City 4 lis Oct 1943

Cedar Rapids 4 Hs'49-'53M&N 6 2.25
Clinton Co 2 Ms 1942._M&N 6 1.25

...

3.30

Atchafalaya Levee Dist—
5s Sept 1939-1972
M&S al08M

_

4

Sch

1942-68

1.60 %

3 Mb Wat & Sewer *87-M&N

ser S 1941-1957
J&J 6 2.00 to 3.85
3 Ms series S 1958-1960-J&J
98 M
150
State Pension 5s June 1, 1948. 6 3.20
3.15

to 2.75 %

1.50

4Mb 1939-1968
M&N 6 1.25
Washington Sub San Dist—

4s

to

4-1987

4Mb 1939-1987

to 3.25

to 3.00

Capital Bldg 4Ms Aug 15, '52
Charity Hospital at N O—

1.80
2.40

Montgomery Co—

to 3.35

1%50

1.90

to 3.25

to 3.25

2.40
0.40

,

5s Water 193

104 M

b 2.00

Winnetka

INDIANA
Elkhart 4 Ms WW '39-75

Hagerstown—

b 2.00

to 2.80

(Village)
2Mb Dec 1, 1939-1958

98 M

Net

2.50

3 Ms

to 3.00

3Ms series R 1941-60.-J&J 6 lOOt
3Ms series Q 1941-60.-J&J 6 1.75

Lake Co 5s Road '39-'49-F&A b 1.50
River Forest S D No 90—
4 lis
1939-1944
J&D b 2.00
Rockford S D No 205
2.10s 1944-1958
F&A b 1.60

1.942-68--M&S

Ask

M&S

3Ms Refunding 1952...J&J
Sewage Impt '80.A&O
Cumber'd 4MsWW *41.A&O

102

100M
97M

4 Ms series D & E 1944-55
6 3.00
5s series F Mar 15, 1945-48- 6 3.00
5s series K July 1,1947-49
6 3.15

to 2.60

b 2.65

3 Ms March
1945

Refunding 3 Ms 1942-'56-F&A 6 2.00
Ref 3 Mb 1957-1960
F&A
103 M
State Highway—

to 2.25

b 2.40

Bid

Baltimore (Concluded)
4s 1972-1975
-—M&S
3Ms Impt 1940
.J&J 6 0.50 I

to 1.75

1942-1956
3Ms Jan 1" 1957-1961
Long Term Bonds—

to 3.25

rev

Bonds

Short Term Bonds—

4s Jan 1

To

or

Net

6s series A. B & O 1940-1943 6 2.00

b 2.50

3s Water

Ask

Refunding 2Mb 1939-'41-F&A 6 0.75
State Highway—

2.75

Forest Preserve—
4s 1956 opt
4s 1956 opt

Bid

LOUISIANA

Kvanston 8 D No 76—

4Mb June

Yield Basis

To

or

Net

Ask

Sanitary

District—
4s 1955 opt 1940-'44
4s 1955 opt 1945-'47
4s 1955 opt 1948-'54
Cook County—
4s 1956 opt 1940-'44
4s 1956 opt 1945-'47
4s 1956 opt 1948-'53__
Elgin Sanit D 5s '39-'44.M&N

BONDS

possible for the closing day of the month preceding the date of issue

as near as

0.25

to

0*20

to 1.45

0.15

to

0.90

less

0.90

lass

0.90

less

M
M
M
M
M
M
M

0.85

less

1.40

lass

1.45

less

1.15

less

1.10

to 2.10

2.00

to 2.10

1.25

to

1.50

to 2.50

2.00

Battle Creok S D—

4Mb

1939-1949

/ Flat price.

F&A

I
%

1.50 %

STATE

JAN., 1939]

AND

Quotations for all securities are as near as

MUNICIPAL
Yield Basis

Yield Basis
To

or

Bonds

Bid

to 3.10

3 Ms

General 3 '4a callable (Long)
4s

.

4Mb
4Hs
5s
non-callable..

97

3s Road 1963-1957
3s Building 1939-1941

SI*
98

97 M

99%

Buchanan County—
Ret 3b 1943-1956

less
less

1

4Mb

less

1

4Mb

3.45

lestlM
less
to

3.20

1

b 3.76

less

1

b 2.00

to

6 1.50
3Ha Oct 1939-59
General 3s Oct 11959-62— 6 3.75
Water 2Mb Oct 1 1939-62.. 6 1.25

to

less

Refunding 2Mb 1951-63 j&J

6 3.65

less

Refunding 3 ha 1939-50 j&J
Flint 4Mb 1939-1954.M&S 15
6s (Mar 1 & Apr 1) '3 9-'50
Flint Union School Dist—
5s 1939-1954
M&S
4Mb Mar 11939
Grand Rapids—
8Mb Sept 1 1939-1940.M&S

6 2.00

to 3.75

Refunding 3 ha '57-'02 J&D
Refunding 4s '39-'50-_J&D
.General & Street Railway—
„

3s Sept 1 1941-1945—M&S

6 2.00

3.80
3.70
1

to 3.15

to

1

3.80

6 2.00

to 4.00

6 2.00

to

6 1.25

to 2.10
to 3.00

4.00
.00

6 2.00

Asbury Park (City)—
Refunding 4s 1966—
Atlantic City—
2M-4Ms Jan 1973—

to 2.60

0.50

to 2.60

to 2.70

1950- 6.—

4Mb Various May 9 *39-72
4Ms Jan & July 1942...J&J
4 Ms 1939-1955
A&O
4Mb Airport 1939-54--A&0
4s Airport 1939-1971—M&S
3 Ms 1939-1974
—-J&J
3 Ms 1939-1974
F&A
3 Ms 1939-1955
A&O
3s 1940-1957
J&J
3s 1954-1975
—M&S
2Mb 1958-1975
—J&J
2Mb 1956-1975.— A&O
Kansas City S D—
4s 1941-1951J&J
4Mb 1940-1950
—J&J
4Mb 1939-1950
J&J
4Mb 1940
J&J

0.50
1.30

.50

t

b 0.35

to 0.90

b 0.50
b 0.60

to 0.90

to 2.60

Highland Park

r

Si Rural Credit ctfs 1942

6 150

to 0.90

b 0.40

to 1.00

b 0.50
6 0.35

to 1.15

to 1.00

to 1.00

67

Water 3-4 Ms Jan 1973

69

53
83

54
85

Atlantic County—
4Mb Bridge 1939-57.-A&O b 100
Audubon (Boro)—

to 2.70

b 3.00
b 3.00

to 4.00
to 4.00

b 1.75

to 3.10

_S D 4Mb 1939-1955.._M&S
Bayonne 5s 1939-1949....J&J
4Mb

1.20

1939-1955

98

b 2.00
F&A b 2.00
b 2.00

6s July 11939-1944

to 2.30
to 3.15

0.50

to 2.70

0.50
0.50

to 3.00

Belleville S D 5s '39-'44 M&N b 1.75

to 2.95

to 4.15
to 3.90
to 4.05

Bergen Co—-

4Mb School 1939-1966.F&A
1®}M^ i*U939 & '44.M&N
„

to

2.75

to 3.10

0.50
0.50
0.50

to 2.90

5Ms Dec 1 1939-1942.J&D b 1.00

to 2.60

6 0.70
6 2.50

to 2.80

6 2.60

to 2.75

6 2.45

to

§ Ms Dec 15 1939-60.J&D15 b 1.00
5s Dec 15 1939-1955.J&D15 b 1.00
4Mb 1939
...A&O
Bloomf1eld4Ms 1939-69J&D15 b 1.00
Bogota 4 Ms 1939-1946.-J&D b 2.25

to 3.60

Bound Brook 4 Ms '39-'42 J&D b 2.00

to 3.00

to

2.60

2.70

1.00

Bridgeton (Oity)—

to 2.60

0.80
0.40

to 2.60

4 Ms 1939-1958
Camden—

to 2.60

5Ms 1939-1961

2.10

to 2.00
to 3.20
to 3.00

to 3.00

J&D b 1.50

to 3.80

F&A b 2.00
b 1.50

4.75
to 3.35
to 4.35
to 4.30

4 Ms Water '39 to '60.M&N
5s 1941
J&J
1.00
1.00 to 2.50 %
4Mb 1942-1969
3Ms 1941-1951—
J&J
—J&J b 3.50
b 4.00
4s 1945-1970
2 Ms 1945-1955
J&J
1.80 to 2.40 %
St Charles County 3 Ms toll
Camden Co—
6 3.40 less 1
4Mb April 151957
b 1.50
2.50
4Mb
bridge series A_.July 15 *56 100
5Ms May 1 1941.
1939-1970
J&J
4s 1944-1968...
b 3.30
St Joseph 4Mb 1939-*45..M&S 6 0.40 to 1.80 %
4Mb School Nov 1 1954:.:: 6 3.40 less l
Jackson 4Mb 1939-47—A&O10 6 2.00 to 3.25 %
2.35 Cape May—
Refunding 4 Ms May 11951
St Joseph S D 4s 1940—...
75
6 4.00 less %
4Mb School 1939-1951.M&S
0.70
4Mb July 15 1955
St Louis 4Mb Public bldg &
Jackson Union S D
Cape May Co—
0.40 to 1.10
Impt 1939-1943
J&J
5s 1939-1940
.M&S b 3.00
4MB 1939-1945
M&N 6 2.00 to 3.40 %
z°
Delaware River Joint Com
4MB 1940-1953...
F&A
0.70 to 2.10 %
Lansing4Mb 1939-1948
..M&N
4Mb 1939-1946
J&D 6 1.00 to 2.25 %
0.40 to 1.75 %
Phila-Camden Bridge—
4Mb 1939-1945
4MB 1941-1948
M&N
1.00 to 1.75 %
Muskegon 4Mb 1939-44..J&J 6 1.50 to 2.75 %
.M&S b 0.60
4s 1939-1940
115
M&N
4Mb 1946-1973
Muskegon S D 5s 1942...July 6 2.25 less %
0.40 to 0.70 %
M&S
East Orange—
4s 1941-1945
Pontiac—
M&N
1.00 to 1.50 %
4s 1946-1951
98
1.00
96
Refund 4-4 Mb 1964 opt 1937
M&N
4MB
1939-1969
J&D
1.60 to 2.00 %
5s Sewer 1939-1960-—.J&J
6 4.50 less 1
3 Ms Public bldg & impt
1.00
4%a School June 1 1955
3 School 1939-1974
6 2.25 less 1
Port Huron 4%a 1942
1.00
A&O
2.00 to 2.10 %
A&O
3s School 1940-1954...F&A
Elizabeth—
Saginaw—4 Ms 1939-49-.F&A 6 1.00 to 2.75
0.70 to 2.00
2 Me Sewer 1939-1951.J&D 6 1.00 to 2.80
3s Refunding 1952
4Mb
1.25
1939-1957
A&O
A&O
5 Ms Dec 1 1939-1940.J&D
1.25
2Mb Public bldg & impt
Wayne County—
6 1.50 to 2.50
1.50
M&N
Covert roads-6s 1939-1972
1.90 to 2.00 %
j&j
6 1.50 to 2.50
Englewood 5s 1939-1944.A&0
1.00
Voted bonds
Springfield 4 Mb *39-'49— M&N 6 0.40 to 1.90 %
Essex County—
4J4s Airport April 1 1948- 6 3.10 less l
University City—
4 Ms 1939-1960
4Mb 1939-1943
M&N
M&S 15 b 0.75
0.50 to 1.50
4s Hospital 1946
MINNESOTA
4MB 1942-1949.:
J&J15
F&A
1.35 to 2.05
Essex Fells (Boro)—
3 Ms July 151943
less %
MONTANA
1.00
J&J b 1.50
5s July 28 1939-1960
4Ss Dec 11939
less %
99
J&D b 0.75
Fairview—5s, 1944
J&J
Glen Ridge—
2)4 trunk h'way '47-51—M&N 6 2.00 less 1
Funding bonds—
4 Ms Mun Bldg 1939-70 F&A b 1.00
less %
4s opt *44, 1939-1953..J&J 6 1.00 to 2.25 %
1.85sRuralCreditctfsl941
6 1.25
Gloucester City—
less %
Highway debentures—
uluth—
4Mb 1939-1966
83
J&D
4Mb Dec 31 1939-40
1.00 to 1.50 %
82
5Ms Water 1939-1963.M&S
4%a 1939-1947
J&J 6 1.00 to 2.60
4Mb Dec 31 1939
1.25
1.00
4s
Daniels Co 5 Ms 1940
1939-1946
Gloucester Co—
J&J b 1.00 to 2.35
J&J 6 3.25 to 4.00 %
Duluth Ind School Dist—
b 0.75
6s 1941 opt 1940
3.25
-J&J
4 Ms Bldg&Rd *39-'45 J&D20
Hackensack
Great Falls—
„5Ms 1939-1940
A&O 6 1.00 to 1.50
4Mb 1942
Hennepin County—
F&A
4Mb Wat & Sew ,39-*50.J& J 6 1.25 to 3.00 %
6s Bridge 1939-1940..M&N dtl.OO to 1.50
4Mb Imp 1939-1942-J&J
1.25
5Ms Bridge 1939-40—M&N 6 1.00 to 1.50
6b 1939-1954
NEBRASKA
1.50
-F&A
3s 1939-1966
4Mb Sanitorium *39-'42 J&J 6'1.00 to 2.00
1.25
M&S
Hamilton (Township)—
Beatrice S D 5s 1939-54. .F&A 6 0.50
4Mb Hospital '39-'41.M&N 6'1.00 to 1.75
Minneapolis—
Douglas County—
3 Ms sewer 1939-1978. -J&D b 1.50
5s 1940.1943.1945.1946.
5s Highway 1939-46.-A&O
0.50 to 2.50 %
Hoboken—4Ms
1940—.J&J
5s School 1939-1954—J&J
2.50
Holdrege S D 5s 1939 -55. J&D
0.50 to 3.00 %
1947, '48, '49, *50—J&D 6 1.00 to 2.70
to 2.75
Lincoln School District—
Hudson County—
4Mb Apr 1939-1952...A&O 6 Par
I
4 Ms 1939-1940
A&O 6 0.75 to 1.75
4Mb 1939-1953
M&N
4Mb 1939-1978
0.50 to 2.75 %
M&N15 6 1.00
4s 1944.
4s g Park 1954 &
McCook Fund 5s'39-*43_F&A
A&O 6 2.00 less l
0.75 to 2.50 %
'59_M&N;& 3.00
3Ms 1939-1941
North Platte Sch Dist—
M&N 6 0.75 to 1.50
Hunterdon County—
2.60s 1939-1966
A&O 6 0.50 to 2.75
4Mb Road & bldg '39-'46J&J 6 1.00
4Mb 1939-1959
-J&J 6 0.50 to 3.00 %
2 Ms 1940-1967
to 2.75
Omaha—
M&S 6 1.00
Irvington 5s School 1903.J&D
2.30s 1939-1947
4Mb Wat wks Dec 15*41 J&J b 0.75 to 0.50 %
M&S 6 0.50 to 2.20
4Ms 1939-1959
J&D b 1.00
2 Ms 1939-1958
4 Ms May 1 1950
M&N 6 0.40 to 2.35
M&N|
2.85| Jersey Oity—
2.20s 1942-1959
5s 1948
5 Ms 1942-1953
J&D
J&O 6 1.25 to 2.50
A&O b 3.60
2.25
2s 1939-1946
5s 1939-1969
Omaha SD 4 Ms May 1'55M&N
A&O 6 0.50 to 2.00
A&O b 2.25
2.80
1.90s Oct 1 1939-1946-A&0 6 0.50 to 2.00
York School District—
4Mb School 1939-1958.J&D b 2.00
1.80s 1939-1943
—F&A 6 0.50 to 1.50
4Mb School 1945J&J
4Mb 1939-1955
....J&J 6 0.50 to 2.75 %
4 Ms Water 1961
l%a 1944-1948
F&A 6 1.60 to 2.00
A&O 6 3.75
NEW HAMPSHIRE
Ramsey County—
4Mb 1939-1967
-J&D 6 2.00
2 Ms 1939-1947
4s July 1939-1948
F&A 6 0.50 to 2.25
...J&J
0.80 to 2.10
4sRefunding 1949
F&A
4s July 1 1939-1953
4Mb 1939-1950.
F&A 6 0.75 to 2.50
4Mb Highway 1939-1943.J&D
6*2.00
0.90 to 1.80
4 Ms Rd & Bdge *39-'44M&N 6 0.75 to 2.25
3 Ms Refunding 1942-1944 J&J
Gen ref 3Ms *39-'54..F&A 6 2.00
3 Ms, 1939-1956
1Mb Highway 1941-1946 M&S
J&D 6 2.00
4 Ms Rd & Bdge *39-'43 J&D 6 0.75 to 2.25
St Paul—
Concord—
KeansburgSMs 1939-59.M&N 6 98
6s school July 11951...J&J 6 3.00
less 1
2Mb Sewer 1939-1956.M&N
Kearney—
4Ms Water 1939-'70-J&D15 6 1.25
4Ms W W 1939-42
A&O 6 0.75 to 2.25
4Mb U S D 1939-1965.J&D
less 1
5e School July 1 1951.-J&J 6 2.75
Keene 4 Ms 1939-1942. .M&N 6 1.00 to 1.65 %
4Mb Sch impt '39-'52.J&D 6 1.25
5s Gen'l impt 1939 62-J&J 6 0.75 to 3.10
5Ms 1939-1970
J&D 6 1.25
Manchester—
less 1
4Mb Sewer July 1 1943-J&J 6 2.00
Linden 2Mb 1939-1956—J&D 6 0.60,
4s Impt 1939-1951—.A&O
4 Ms 1939-1959
Lodi—5s 1939-1947
J&J 6 0.75 to 2.60
3 Ms Bridge 1939-1956.F&a
-J&J 6 95
4s 1939-1961
A&O 6 0.75 to 3.00
Nashua—
Long Branch 5s 1943.
M&N
2.60s 1939-1957
J&D 6 0.50 to 2.60
3s H S 1939-1956
Lyndhurst 3-5s 1939-57—J&J 6*94"
—J&J
Mapiewood (Township)
MISSISSXPI
NEW JERSEY
4s 1939-1967-.J&D15 6 0.75
Mercer County—
Bridge bonds—
5Ms Impt 1939-1946
3 Ms April 1941
-M&S 6 1.25 to 2.90 %
0.50
A&O
4Mb Series B July 1939..
61.25 to 3.15
ddli
4Mb May 1 1939-1950
4 Ms series O Jan 1940.
0.70 Middlesex (Borough)
4Ms Impt 1953
3 Ms 1939 to 1967
J&J
0.70
4M« Series - July 1940
4a
D
J&J 6 2.00
4Mb Flood 1939-1953-..A&0 6*1.25 to 3". 10 %
4 Ms series R Jan 1941.—..
0.80 Middlesex CountyBiloxi 5 Mb 1939-1943 .A&O
4 Ms Road 1939-1944-F&A 6 1.00
Road Bonds—
97
Callable bonds..
99%
4 Ms series O July 1939.....
0.50
Imp 3s Nov 15 1939-1948.. 6 0.75
97
Non-callable bonds
4 Ms series D Jan 1940.....
99%
0.70 Monmouth County—
Greenville 5s fund '43-'50 F&A 6 2.50 to 3.40
4Mb Mar 15 *39-'50-M&S 6 1.25
0.70
4Ms series E July 1940.....
Jackson
4 Ms series F Jan 1941
0.80
4Mb Rd & bdg '39-51F&A15 6 1.25
5 Ms 1939-1954
A&O 6 1.50 to 3.60
0.80 Montclair4Ms Sch 1941.A&0
4Mb series G July 1941
6 1.50 to 3.60
4Ms Jan 1 1939-1952
4s series H July 1942....
1.00
4Mb High sch bldg '44.J&D
2 Ms May 16 1939-70
4s series I July 1943.......
1.15
4Ms 1939-1952
M&N 6 1.50 to 3.60
6*0.75*
Jones Co 5s 1939-1942
M&N 61.50 to 2.50
1.30 Morris County—
4Msserles A of *27 July 1944
Meridian 5s Dec 11939-.J&D
4s ser B of '27 July 1950.
2.20
4Mb 1942 opt 1922—-J&J
2.50 Soldiers Bonus 5s July 1941
3 Ms 1939-1949
4Mb School House 1941 J&J
0.80
J&D15 6*0.75*
Morristown—
Mississippi Levee District—
Highway Extension—
5s May 2 1944
..M&N 6 2.80 to 3.00 %
0.50
4Mb C of *20 Jan *53 opt '38
4Mb 1939-1942
J&D 6 1.25
5s July 1 1953
4 Ms D of '20 Jan *54 opt *39
48 1939-1969—
M&N 6 1.25
J&J 6 3.40 to 3.50 %
0.50
4 Ms E of '20 July '54 opt '39
Vicksburg—
0.65 Neptune 4Mb 1940-1955.f&A
to 3.40 %
5b Pub Imp 1939-1948.F&A 61.50
4 Ms F of '20 Jan '55 opt '40
0.70 Newark—
Yazoo-Miss Delta Levee Dist4 Ms A of '24 Jan '55 opt '40
6s 1939-1972
0.70
M&S 6 1.50
5s 1939-1954
M&N 61.50 to 3.40
5 Ms Oct 15 '39 to'59 A&015 6 1.50
0.70
4Mb B of '24 July *55 opt '40
40
5s 1939-1958
4Mb July 1949—
0.80
J&J 6 1.50
J&J
4Mb Oof'24 July'56 opt '41
4 Ms ser B of '30 July '39-*e7
0.50 to 2.50 %
4Mb 1939-1983
F&A 6 1.50
MISSOURI
3 Ms ser O of *30 Nov '39-'69
0.60] to 2.40 %
4Mb School Dec 1 *45—J&D
1.75 to 1.90 %;
Institutional Construction—
4s Sch house 1959 opt 1949
4Mb Road 1948-1950—M&S
0.25 %
0.40
3 Ms ser A July 1939-1960— 6 0.50 to 2.40 %
4Mb 1939.
A&O
4s Pas Val sew'61 op >51 J&D
1.15 to 1.50 %
4s 1939-1970
4Mb 1943-1940
M&S
J&D & 1.50
4Mb series B July 1939-1967 6 0.50 to 2.50|7o
1.10 to 1.60 %
4s 1943-1947
.M&S
4s series O April 1939-1969.6 0.50 to 2.40 %
3M« iVack elev 1954..F&AI
1.25 to 1.75 %
4s Road 1944-1948
A&O
2M8serleaD May 1939-1970i6 0.50 to 2.401%
2Mb Jan 15 1939-1976-J&J 6 1.25

Grand Rapids School Dist—
4MB 1939-1943
..M&S 6 1.25

Net

b 0.35

Ed Aid 4 Ms ser A Jan IS

Kansas City—

3.30

less

to 0.75

to 2.50

4Mb
4Mb
4Mb
Joplin

1

to 3.25
to

to 2.10

0.50

4 Ms 1939-1950

Refunding

Water series D-—
3 ha Oct 1 1951-1961
6 3.25
3 Ms Oct 1 1939-1950
b 1.25
3 Ms Oct 1 1948-1950
b 3.20
4s July 1 1939-1947
b 1.25
Street railway 4Mb
b 3.80

to 1.15

Emergency Relief—
3Ms Jan 1939-1941
5s May 1939 to 1941
4Mb Nov 1939 to 1941
3 Mb Mar 1939 to 1942
3 Mb May 1939 to 1942—
Jan 1939 to 1943

to 1.90

0.50

J&J
J&J
J&J15

Ask

N. J.

to 1.10

0.50

Bid

Bonds

to 2.05

1949
—J&D
0.50
Road 1939-1952—J&J
0.50
Court h'se *39-'52 J&J
(School District)—
6 1.60
4Mb 1943-1948
------

1

3.30
3.40

1.75
1.70
0.30
2.00
0.25

Net

J&J 6 1.20 to 2.40

Jackson County—
4b 1939-1951-.,
4Mb 1939-1950—

99%
4.00

Water 4s...

J&J

—J&D
J&J
3s State Bldg 1940-1944.F&A

to 3.40

Detroit—

^

M&N

1948-1952

4 Ms Road 1939-1942

Ask

To

or

_

4s Nov 1 1948-1952

4Mb Sewer '40-'51-'50-A&O b 2.50

Yield Basis
To

or

Bid

Bonds

Net

Ask

Bay City—

£Ks W W 1939-1951— M&S 6 1.20
Dearborn—

95

BONDS

possible for the closing day of the month preceding the date of issue

_

1%95

_

1

to 3.85
to 3.65

80
to 3.50

%

to 2.90

%

117
to 3.10

%

to 3.20
to 2.90

to 3.20
to 3.20
to 3.75

9?

to 2.30

%

to 2.75

%
2.25

to

„

„

%

to

3.00 %

to 3.00

%

to 2.10

%

—

2.50

-

to2.65(%

%

to 2.50
to 3.60

to 3.20
to

3.50

to

4.40 %

„

,

"

,

M

.

ho

to 3.50
to 3.10

to 2.50

%
%
%
3.15

to 3.00

%

to 4.40
to 4.40
to 4.20

&5

3.65 %
to 4.10

—.^„

3°.90

to 4.00
to 3.80

to 3.75

1
%

87
to 3.50

%

to 3.25
to 3.75
to 2.20

%

85
3.60
75
to

2.90 %
1.30

to 3.85
to 2.20
to 2.50

to 3.25

to 3.25

f6

1.25
to

2.10
2.60 %

to

2130

ho

J!

fbo

0 75

%

to 2.25
to 3.50

4.75
to 4.25

to 4.10

o

to 4.00 %
to 4.00

%
3.40
3.50

-

-

b Basis

t Less 1 on bid side,




f Flat price,

n

Nominal.,

to 3.80 %

3.50
to 3.60 %

Quotations fn" nl

securities .-ire as near as possible for the closing day of the month preceding thadate of issufe
Yield Basis

V'W« Basis
To

or

Bid

Bonds

Ask

4s Palisades

4Mb 1939-1957
F&A b 1.25
4Mb Sch & wat '39-'69-J&D b 1.25
4Mb 1939-1967
J&D b 1.25
North Arlington (Borough)
Refunding 4s
80
North Bergen rot 4s-4Ms
83

3.20

to

to 3.30
to

3.30
85

85

Nutley (School District)—
4Mb 1939-1942
F&A b 1.00
4Ms 1943-1967
F&A b 2.35
5Ms Nov 15 1939 —_M&N

F&A

6100

%

?00
£

Ocean City5s 1944

5s Impt 1939-1948

M&N
4Mb Refunding 1944.-M&N
4Mb Water 1939-1970--J&J
Passaic County—
4Hs 1939-1946
J&J
4 Ms 1939-1968
J&D

6 3.00

98
to 4.25

.

434 s 1939-1973

434s
433s

%
%

b 1.50

to 3.80

b 1.50

to 3.70

%
%
3.10

& 1.00

to 3.35

%

b 1.00
& 1.00

to 2.50
to 3.30

%
%

b 1.00

to 3.90

3?20
b 1.25

3.70 %

to

to 3.30

b 2.00

to

Auburn 1.60s 1939-1958.F&A 6 0.40

2.60

%

%
2.50 %

to 2.60

b 1.00

%

Binghamton—
43*s Oct 1 1939-1971—var. 6 0.30
6 0.25
2s Mar 1 1939-1956

R00

6 0.75
b 1.00

to 3.00

53*8 1944

%

5s 1939-1950

43*8 1939-1967
b 0.75
b 0.75

to 2.40

to 2.60

to 3.00

%
%

to 2.60

%

to 3.75

%

to 3.35

%
%
3.40 %
3.30 %

to 3.25

to 2.10

ho

2.60 %
to 4.40

%

93
to 3.35

%

3.10

to 4.40

to 3.70
to

3.10

to 2.00

1.75
100
100

6 3.00

2.50

dob '48~'49—M&N 6 3.00

2f4s H way deb 1944-45.M&S 6 3.00
233s 1946-1951
J&D 6 2.40
Albuquerque—
6s Water Works 1962.-J&D
114
433s 1939-1950
J&J 6 1.50
4 Ms 1939-1950
J&J 6 1.50
Middle Rio Grande Oonser

2.75
101

4s 1940-1964—

to 2.20

%

F&A b 0.40

(T)—
4s 1939-1951
J&J
Green burgh U S Sch Dist No 9
4.40s 1939-1965
J&D
Groton 6s Wat '39-'50—M&N
Harrison (T)—
43*s 1939-1980
F&A
Hempstead (T) 4 3*s'39-59 A&O
Hempstead 4 Ms 1939-65 M&S
2.30s 1939-67
J&J
Hempstead Un F S D No 1—
6s 1939-1954
—M&S
Hornell 43*s 1939-1947--F&A
Hudson Riv Regulating Dist—
43*s 1939-1965l.J&J
4.70s 1939-1965
J&J
Huntington (T) 4s *39-'52-J&J
Islip 4s 1939-1951
M&S
Ithaca—43*s Water 1942 J&J

to 3.80

98

4s High Imp Mar I960M&S b 2.10
4s Canal Imp July 1960--J&J b 2.10
4s C..*iai Imp Jan 1961-..J&J b 2.10
4s Canal Imp July 1961..J&J
2.10
-

4s Highw Imp Mar 1961 M&S
4s Palisade Park 1961
4s Canal Jan 1962

1.40 %
to 2.35 %
to

2.10

to 2.30

serial

---

1939-1963

1952
1953
1954

J&J b 0.50

.

_ _

M&N
M&N
M&N

to 3.30

109M
to 3.15
to 1.35

to 1.60

to 3.05

3.10

3.20

3.10 %

3.20

105m
105m
105 m
104 m
104 m
104m

106M
106 M
106 M

105M
105M
105M

Corporate stock

to 2.25

b 0.50

to 2.75

6 0.50

to Par

106 m
1.00

to 2.10
to 3.00

107M
to 2.10

2.50

to 2.60

0.50

to 2.25

1.00

to 2.10

0.50

to 1.75

b 2.50

to 2.60

b 1.00

to 1.60
to 1.80

b 0.50

to 2.40

..J&D b 0.75
M&N 6 1.00

to 1.70

4Mb Water 1939-64—A&0 b 0.75
4Mb 1947-72
J&J b 2.50

to 3.10

Hempstead S D No 7—

1939-1942
2.40s 1941-1967
North Tarrytown—

%

%

to 2.40

to 3.30

6 1.75

to 4.00

%

6 1.75
b 0.75

to 4.40
to 2.50

%
%

Oneida 4b Water '40-'45-.J&J b 0.75
Onondaga Co, 4 Ms *39-47A&O b 0.50
3.70s 1939-1951
A&O b 0.50
Ref 1.90s 1939-57
F&A 6 0.50
2.10s Feb 1 1939-1968--.
b 0.50

b 0 75

to 3.60

%

Ontario

b 0.75

to 3.00 %

Ossining 4Mb 1939-42.„M&S

6 0.75

to 1.60

b 0.75

to 3.15

4Mb Water 1939-1969.A&O 6 0.70
Oswego—5 Ms 1939-46—M&N 6 0.50
Oyster Bay Wat Dist—
4s
1939-1950
-.-J&J 6 0.50
Pelham (T) Un Fr Sch Dist

to 3.10

1.70s 1939-1968
-J&D 6 0.25
Co 4s '39-*51—M&N b 0.60

%
3.00 %

b 0.75

to

b 0 .75
b 0.75

to 3 .00
to

%
1.90 %

No 1 4.60s 1944-1966.

0.75

to

0.75

to 3.00

b 0.75
b 0.75

3.00 %
%
to 2.40 %
to 2.40 %

to 1.20

6 0.50
4s School 1939-'59
M&S 6 0.50
Port JerVis 4Mb '39-'69 ..J&J 6 0.80
Port of N Y

1.60

to 3 .30

Long Beach 4s Jan 15 1939
4s 1940

95

95

93

98

'

107 m
105 m
103 m

Gen & ref 3 Ms Aug 15 1977
Gen-&ref 3s Dec 15 1976.
George Washington Bridge-

100m

4 Ms SerB *40 to'53 .M&N

108m

"~98~"

90

%
%

__

b 1.00

to 3.90
to 3.55

3.90s 1940-1964
J&J b 1.50
Middleport 4.35s '39-'42_ J&D b 0.75
Mineola (V) 4.40s 1939-68 J&J b 0.75

Monroe Co 4s 1939-44.-_F&A b 0.75
3.90s Co Bldg *39-'50—F&A b 0.75

to 1.80

2.05 %
1.25 %

1 Ms Jan 15 1939-42 —-J&J
Mount Vernon—

to 1.40

0.75

to 2.25
to 2.20
to 2.30
to 2.10
to

2.20

to 1.80
to 2.50
to 3.10
to 2.20

to 2.30

to 3.25

t

99

108M
106 M
104 M
101M
100

109M

Inland Terminal—

100

5Ms 1953-

to 1.70
to 2.00

Authority—

Gen & ref 4s May 1. 1975—
Gen & ref 3 Ms Dec 1, 1965.
Gen & rof 3Ms May 1. 1976

%

0.75

6 2.00

Poughkeepsie 4Mb '39-52 J&D

1.20

A&015 60.75

to 3.90
to

1.40

to 3.25
to 2.40

4Mb
4 Ms

*39-'41 ..M&S 6 0.70

to 1.50

ser D *42-'60—M&S
109
Holland Tunnel—•
4Mb ser E '39-'41—M&S 6 0.50
4Mb ser E *42-*60
M&S
111

110M

sor

D

Putnam Go 4 Ms '39-'51 -A&O 6 0.70
4s 1939-1954
F&A 6 0.70

Rensselaer County—
4 Ms Highway 1939-58-F&A
Rochester 5s '39-'62
F&A
4Mb Pub Imp '39-'58.F&A
4Mb
1939-1959
M&S
4s

%

to 1.10

112 M
to 2.70
to 2.80

0.80

to 2.70

0.50

to 2.60

2.30

0.50

to

0.50

to 2.40

to 2.45

1.00

to 2.00

1 Ms

A&O

0.50

to 0.80

3.00

to 3.40

1.70s

F&A

0.50

to 1.70

1.35
1.90

4 3*s 1939-1943
.A&O
5 3* s 1939-1941
..A&O
4Mb School 1962-73--M&N
4s Sewerage 1950-55--M&N
23*8 1939 to 1956
M&S

Imp Sch &c '39-'47_J&J
2Mb 1939-1957
M&S

to 1.75

1.90

3s

0.20
1.80 %
0.80

2.00

2.00

to 2.00
to 2.25

to 2.40

Rye & Har'son Un Fr S D No 6

35*s 1944-1961

J&J

2.10

to 3.10

to

3.10

J&J

1.25

to

4.40sl939-1953
F&A 6 0.75
Saranac Lake 4.45s 1939-F&A

0.75
1.50

to 2.45

Saratoga Co 5s 1939-'40_F&A 6 0.50
4MB
1939-1955
—M&S 6 0.50
4s Sept 1 1945-1954...M&S 6 1.75

to

1.00 %

3s

2.05'%

1946

M&S

3*s 1939-1944

3s

2.05 %

to 2.50

2.20

0.75

2.00

2.051

to 3.00

to

0.75

4s 1939

2.05

to 3.2.5

1.00

1.00

0.50

0.75

4

2.00

2.15

2.75

1939-1940
1940-1948
Rockland Co—

to 2.00

M&N
A&O
J&D

2.00

b 2.15

1.00

0.50

4Mb 1939-1945-M&S 5 0.90
Rockvillo Centre (V)—
4.15s 1939-1952.
J&D 6 0 75
Rome 4.10s 1939-1950—M&N 6 0.50
1.80s 1939-1945
M&N 6 0.50

1939 to

Nassau County—
5s 1939-1943—

2.00




—

4Mb

to 2.35

2.10 %
2.05 %

to

117

b 0.50

No

-.A&O

200

6 Basis.

%

to 3.00

4Mb 1939-1940

2.05

Imp Jan 1967.-J&J
2.15
4s Highw Imp Mar '67--M&S b 2.15

to 2.00

Jamestown S D 5s 1939--J&D
Lackawanna 4 3*s *39-'54M&N ST. 00

J&J b 2.10
4s Highw Imp Mar 1962 M&S
2.15

4s Canal

%

to 2 .20

J&J

M&S b 2.10

4s due Sept 1 1965
4s due Jan 1 1906

to 0.75

2.10 %

6 1.40

.

%
%

Mamaroneck Un F S D No 1—
53*s May 1 '39-'52—-M&N b 0.50

6 2.15
6 2.15

b 0.50

to 2.25

4s Mar 201943

95

4s Canal Term 1942
J&J b 1.00
4s Canal Term Jan 1946
J&j b 1.50
4s g High Imp Mar 1958.M&S b
2.00
4s g High Imp Sept 1958.M&S b 2.00

%

%
2.90 %

b 0.75

43*8 1940-1954

120M
119M

116

_

3M% s f Rev 1968.-A&O
Niagara Falls—
5 Ms 1941-48M&N
4.15s Sewer 1965-70—M&N
4.10% Sewer 1939-50--J&J
4 Ms Wat May 1 '41-48M&N
4Mb Sew '39-'46 reg.M&N
3.95 Nov 1,1961-70.-M&N
3 Ms 1942-1945
M&N
2s Mar 1 1939-1949
Niagara Falls S D
4Mb
1939-1960
F&A

%
%

1.55 %

to 2.60

to 3.20

to 2.30

119m
118m

2Mb assessm't 1940-44.J&D b 1.10
Parkway Authority—
3M% Rev 1940-'53_A&0 b 1.25

%
2.10 %

to 3.00
to

-

2Mb 1939-1953
J&D
2Mb Serial 1939-46.--F&A

2.50 %

Jamestown—

,

M&S 6 2.20
J&J 6 2.20

J&J
Highway 196.5
M&S
BarCanal 1945—-J&J
Bonus 1939
A&O
Bonus 1940 I949-—A&O

to

to 3.30

-

to 2.10

to 3.15

%

to 3.25

1950-53
.M&N b 3.20
3.10 %
3 Ms Corp stock July 1, '75.
100 m
101M
3 Ms Aug 1 1939-78.. F&A b 0.50 to 1.50
3s Rap Trans 1947-51
-F&A b 2.60 to 2.90
,3s corp stock Jan 1 1977 J&J
100
99.m
3s Serial 1939-1968
J&J b 0.50 to 99
3s serial 1939-1973
J&D b 0.50 to 98 M

to 3.45

to 2.15

ft

to 3.00

M&N

3 Ms reg

to 2.80

to 1.75

Nov 1957
Dec 1, 1979

M&S

3 Ms stock Apr 1,1954-A&0
3 Ms Corp stock Mar 1,1960
3 Ms Corp stock Jan 15,1976

to 2.70

%

.M&S b 0.30
M&S b 1.90

1939-1946
1947-1954
East Chester—
43*s 1939-1958
4s

J&D

M&N

3 Mb g Water ex 1954- M&N
3 Ms exempt 1955
M&N

to 3.15

to 3.45

Mamaroneck(T)4 Ms'39-64J& J

Canal 1964
Canal 1965

2.75
to 3.00

to

Juno

3 Ms g exempt
3 Ms g exempt
3 Ms g exempt

Co—

4s

120
to 3.75

YORK

Highway 1963

to 2.10

to 1.70

to

1965

May, 1957

3 Ms Corp stock July 1 '75—
108
3 Ms Corp stock 1939-54
b 0.50
3 Ms g exempt 1941
1.50
M&N
3 Ms exempt 1942
1.75
M&N
3 Ms R T 1948-1950—M&N
2.90

1.75

to 3.50

6s 1947 Beach acquisition

433s
433s
434s
434s
434s
434s
434s

to

b 2.25

3 Ms serF 1940-64—M&N

Columbia County—
43*s 1939-1959
A&O b 0.30
Corning 53*s 1939-1960.-M&S b 0.40
Cortland Co 43*s '39-'51.J&J b 0.40
Delaware Co 4.20s '39-'52A&0 b 0.30

T

2.75

67

1.60

4s
to 2.80

.J&J b 2.25
J&D b 2.25

33*s 1940-1964

2.40
to

62

5s Jan & Mar 1 1939-1945..— 6
0.20
5s Jan & Mar 1946-1970
6

to 2.10

Greenburgl*

NEW MEXICO

99

to 2.25

to 2.50

%

to 3.00

1939-1940—-J&J 6 2.50
533s Highway 1939-1940-J&J 6 2.50
433s Dec 16 1952 opt '22.J&D
99
4a Fund 1939 opt 1919—M&S
98

to 1.60
to 2.15

3.10

to 2.40

6

6s Highway

to 2.45

to 2.90

43*8 Water 1939^15—A&O 6 0.30
Erie County—
4MB 1939-1959
.J&D 6 0.60
4s 1945-1953
M&S 6.2.75
2.90 March 1, 1939-1947._ 6 0.40
Essex Co 4s 1939-1956-—M&S 6 0.50
Franklin Co 43*8 '39-'40-M&S 6 0.50
Freeport—
4.20s 1939-1945
M&N 6 0.50
4.20s sever 1946-60--M&N 6 2.00
4MB 1939-1951
M&N 6 0.50
4.40s 1939-1950
M&N 6 0.50
Garden City 43*s 1939-52_J&J,6 0.50

to

6 1.50

to 2.50

Elmira—

6 1.00

6 2.50
6 3.00

to 2.25

to 3.10

%

100m

1.00

to 1.25

6 0.60
6 0.60

to 4.00

Weehawken—

334s 1941-51 opt '40--A&O

to 1.25

to 2.40

to 2.60

Dutchess

89
6 1.50

to 1.20

6 0.55

1.25

Ventnor

to 0.95

6 0.50

%
%
1.25

to

to 1.25

23*s Oct 15 1939-56.-A&O 6 0.60
15 1939-47—J&J b 0.25
Sewer Authority—

to 2.10

to

1.80

6 3.25

2.20s Jan

^

to 3.00

J&D 15 6 2.90
M&N 6 0.50
A&O 6 0.60

4s June 15 1960
J&D
4s 1939-1958
J&J
3.40s Nov 15 '39-'55—M&N
3.10s Oct 15 1939-46.A&0
2.60% Relief 1939-45—J&J

%
%

97

to 3.00

to

to 2.30

116m
117M
125
123 m
J&D
121
Corp stock 1967.-J&J 120
122M
Corp stk 1971
J&D 15 121M
July 1,1939 to 1955— & 0.50 to 3.30 %
Jan 1, 19<7
J&J 118m
119M
0.55
Sch & Var 1939—J&D
114" 114 M
I960M&S
Mar 1, 1962
M&S 114m
115M
Mar 1, 1964
M&S 115
115M
April 1,1966
A&O 115m
116M
A&015 117m
Apr 15,1972
118M
118 M
Rap Tr & Wat '74 J&D 117m
Feb 15. *41-'66.F&A15 b 1.50 to 3.35 %
Feb 15,1976—F&A15 118m
119M
119
120
Nov 15,1978—M&N15
Mar l, 1981
M&S
119m
120M
4s Oct 1, 1980
A&O 113 m
114M
4s May. 1977
M&N 113M
114M
4s Nov 1955.
M&N
108m
109M
4s Various 1956
M&N
108 m
109M
4s Various May 1957-M&N
109 m
110M
4s Nov 1958M&N
109 m
110M
4s May 1959
111
M&N 110

Buffalo—

to 3.00

75

1950-1965
6 2.75
Union Township Sch Dist—
433s 1939-1968
J&J 6 2.50

NEW

4Mb
4Mb
4Mb
4Mb
4 Ms
4Mb
4Mb
4Mb
4Mb
4Mb
4Mb
4 Ms
4Mb
4 Ms
4Mb
4Mb
4Mb
4Mb

to 2.35

to 2.70

92

90

J&D

Dist 533s 1939-1973.-F&A
Socorro Co 5s 1941 op '21.A&0

4Mb

M&N b 2.35
M&N b 0.75
M&N b 0.75

4 Ms 1963

to 2.35

b 1.25

99
93

4s Oct 11942
A&O
2.80s Gen Impt B June 1

w y

123
123
to 2.10

0.30

b 0.75

90

98

Union City 433s 1939-'64.J&D 6 1.75
Union County—
434s Oct 15 1939-1952
6 0.75
434s Rd&Bdge'39-'47_F&A 6 0 .75

3a Jan 1 & July 1 1949-1952...

-

0.30
33* 1939-1971
—J&D
0.40
23*s 1939-1945
M&N
1.75
23*s 1945-1953
M&S
2 Ms 1939-1978
_M&S 6 0.30
2% 1939-1955
M&N 6 0.40
Albany Port District—
4s 1939-1972__M&N b 0.40

b
b
b

6s School 1939-1955—.A&O 6 1.25
433s 1939-1966
F&A 6 1.25
4 34s 1939-1960
F&A 6 1.50

334s H

%

123

123

121

4s Munic & Sch '39-'63_J&J

to 3.35

g J4s H w'y dob r46-'47—M&N

to 2.15

121

121

July 6 1939-1962. _J&J 6 0.20
0.20
Sept 10 '39-46-M&S 10
Unemploym't Relief—
0.25
Sept 25 '39-'43__-M&S
1.05
Sept 25 *44-'45- -M&S
1.05
13*s Sept 10 1944-1946
Albany County—
0.40
43*s 1939-1960
M&S
33*s Fund 1939-1941. M&N 6 0.40
23*s refunding 1939-57-J&J 6 0.40
Albany (City of)—
0.50
43* 1939-1969
M&N
0.40
43*'1939-1970
_._J&D

2Mb
13*s
Emerg
23is
2 Kb

93

M&S 6 1.00
—J&D 6 1.00
J&D 6,1.00

Westfieid—
5s June 15 1939-1960—J&D
4 34sl939-1966
A&O
West New York—
43ns Oct 1 1939-1968
A&O
5s School 1939-1961
M&N
West Orange
Gen ref 334 s 1940-1959 A&O

4Mb 1939-1944
4Ms 1945-1965
4Mb 1939-1963
2 Ms 1939-1947
New York City—

General State Improvement—

434s School 1941
F&A
4 34s Imp & sch *39-'60-J&D 6 1.00
Sussex Co 434s '39-'44—-M&S 6 0.75
4s Impt 1939-1955
M&N 6 0.75
Tenafly 454s 1939-1963.F&A 6 1.50
Trenton—
633s 1939-1951
A&O 6 1.50

„

%
0.20

6 0.50

M&N b 0.75
M&N b 0.75

5s 1939-1950

to 1.40

to 3.50
to 2.00

to 2.00

City refunding 4-5 34 s
Vineland (Boro)—
633s 1939-1950
M&S

to 2.20

23is July 6 1939-1947—J&J 6 0.20

b 1.25

J&J 6 1.00

4s City Hall 1939

0.20
b 0.50

to 2.60

Net

New Rochelle—

to 2.05

8ummit—

_

to 1.90

J&D 6 0.25

b 1.50

A&O 6100

1939-1969
1939-1968

6 0.50

121
J&J
M&S 6 0.20

2Mb Dec 8 1939-1987
Unemployment Relief—

—

8outh Orange—
4s 1939 to 1944
6s 1939-1962

Newburgh—
4s Wat
Impt 1942-63
J&J b 1.30
4 Ms Wat Impt 1939-41.J&J b 0.50

to 1.75

Ask

Bid

Bonds

2.05 %
0.20

2.15

-

To

or

Net

Eliminat'n of Grade Crossings

Rahway—
4Mb 1939-1953
J&D
Ramsey 5s Water 1939-1940-Red Bank (Borough)—
43$s 1939-1953
M&N
Ridge wood 43^s 1939-62.M&N
5Ma 1939
.J&J
4MB 1939-1968
M&N
Sea Isle City 5s 1942
F&A
Somerset County—
434s 1939-1949
J&D
434s 1939-1952
J&J
South Jersey Port District—
Marine Terminal—

6

-

%

Pater son—

6Ms 1939-1959
M&N
4Mb Feb 1 1945
F&A
4Mb 1939-1967
A&O
Perth Amboy—
43^8 April 1944
4Mb Water 1939-64--M&S2
6s Feb 1939-1977
F&A
4j*srefdg 1944 & '46--F&A
Plain fie id 4s School 1959 M&N
43*8 1939-1962 Various.J&J

Park 1967--M&S
4sBldgconstr 1939
M&S
4s Bidg constr "40-'49.—M&S
4s Apr 15 1940-1955
A&O
33*8 Mar 15 1939—-M&S 15
33*s Mar 15 '40-'81—M&S 15
3Ms Mar 15 1939—-M&S 15
3 Ms Mar 15 '40-'81-_M&S 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
3s Mar 25 1939-1987

101

4Mb Impt May 15 1939-'56.
Ocean Co 4Mb 1939-'50.J&D
Orange—
4Mb SewerI1939-1964-A&0
Passaic—
4Mb 1939-1940
M&S
5J4s General improvement
1939-1951
J&D

to 2.25
to 3.15

Ask

Bid

Bonds

Yield Basis
To

or

Net

New Brunswick—

„

*

STATE AND MUNICIPAL BONDS

96

1947-

-

July 1 1940 -64

_

1939-50
I* Si. A
3.40s July 1 1941-45-—J&J
23*s 1946-1956
23*s 1939-57
F&A b
•4f
2.40s May 1'1939--48—M&N

3.10

to

2.30

2.40
to 2.85

0 .75

to 3.00

j& 075

/Flat price.

\

to 2A0\ %

%

2.80 %
to 2.25 %
to

to 1.60

%

1%00

to 2.50

%

to 2.40

%

STATE

JAN., 1939]

Quotations for all securities are

AND

To

or

Saratoga Springs—
4 Ms Park 1939-1940—A&O
Scarsdale 4 Ms 1939-45—J&D
Schenectady—
5s Dec 15 1939-1941
4.30s
1939-1948
..J&D
4.15s 1939-1960
-A&O
4s Oct 15 1939-1944--A&O

Ask

Yield Basis

Bid

Bonds

Ask

Montgomery County—
1.50
5s Flood Emerg '39-'42 J&D
1.00
Newark 4Ms 1939-1941 ..A&O
Portsmouth City S D—
4 Ms 1939-1950
J&J ft 1.50
Springfield—
1.00
4Mb 1939-1949
M&S

County—

to 1.00

to 1.50
to 2.10

Mecklenburg Co—

to 2.20

M&S b 0.35

to 1.80

6s Ref Nov 1950
Pitt County—

J&J b 1.50

to 2.50

5s Dec 15 1939-1948
b 0.50
Solvay 4 Ms 1939-1940--F&A b 1.00
Somers (T) 4Ms'39-'53-M&N b 1.00
Southampton—
5s
1939 1971
-M&N b 1.00
Suffolk County—
0.40
4 Ms 1939-1957
A&O
0.40
3 Ms 1939-1951
F&A
0.40
2 Ms High & ref 1039-57 M&S
0.40
2.20s June 1 1939-1962 J&D
0.50
Sullivan Co 4 Ms 39-'45_A&0

to 2.00

4.00
to 4.60

Lincoln Co—
5s Bridge 1939-1951

1939-1955——-A&O b 0.40
1939-1950
M&S b 0.50

6 4.25

A&O 6 2.00

0.50
0.50
0.40
0.40

2 Ms
2.20s

1.80s

1939-1950

Schenectady County—
4 Ms
1942-1958

flvpu

b
b
b
b

Iredell Co 5s Aug 1
4 Ms 1939-1950

to 1.75
to 2.40

to 2.00

i

0.40

to 1.75

0.50
0.40

to 2.50

i

J&J15

0.35

to 2.40

J&J15

0.35
0.25

to 2.50

M&S
M&S

0.25

to 2.10

2.10% Aug 15 1946-1947—
lMs 1939-1948
F&A

1.75
0.30

to 1.85

%

to 1.70

0.30
lMs 1939-1946
M&S
Thousand Isl'dso See "W'atert own"

to 1.50

4.20s Dec 15 '39-71
1939-1946

4s

3 Ms
1939-1951
3s 1939-1971

2.20%

1939-1957

2s 1939 1956

J&J

Tonawanda (City of)—

_

Sch

revenue

Z°

ft 0.75
,

„

to 3.00

%

5s

M&N b 1.00

%

0.50
0.60
0.50
0.40

to 1.00

to

3.00

to 3.00

to 1.85
to 1.90
to 1.70

i
i
i

%
2.00 %

3 Ms May 15 '39-'51— M&N

to

2.75s

to 2.60

to 3.25

6 1.25

to

101

Sewage Dis 1939-65-M&N

%

99
to 2.50
to 3.00

to 2.60

to 1.80

J&J b 0.25

to 2.00

J&J b 0.25

to 1.35

l"

6s Water

0.75

A&O 6 4.00

1944-1959—-A&O 6 2.50

5 Ms 1941
5 Ms

%

Imp Feb *46-'51—F&A

1959-1964—J&D

3-00

to 3.05

3Ms 1939-1951
J&D
3Ms 1952-1980
J&D
3Ms 1939-1951
—J&D
3 Ms 1952-1963——J&D

0.75
2.70

to 2.75

0.75

to 2.75

2.75
0.75

6 2.00

to 3.00

3.25
3.25

1.00

5s Water

White Plains—
4Ms 1939-1959 (reg)..M&S
3.90a 1939-1954
F&A

3.30

to

to 4.60

to 3.80

to 2.75

1.00

to

to
to

%
2.90

to 2.00

to 2.25

to 2.10

to 2.20

to 2.10

to 3.20

to 3.25

to 3.10

to 3.25

M&S
A&O
M&S

2.60

to

%
3.10 %

1.50

to

3.20

1.50

to 2 .90

%

M&S

1.50

to 2-80

%

A&O 6 1.00

to 3.30

%

M&S

2.00

to 3.25

%

F&A

1.00

_

to 3.85

1.00

to 3.50
to 3.80

5s

2.50

to

4 Ms

to 2 65
to 2.75
to 2.75

b

to 2.05

to 2.10

99M

35

36M

1 1976

Buncombe County—
l-4s gen ref July 1 1976
Charlotte—

35

M&N
M&N
M&N
F&A

—

36M

M&N

1939

—

b 2.00

6 2.00

1.00

to

6

1.75

to

6

1.50

to 2.95

to 2.85

2jOO

0.75

to 3.10

Hamilton County-—

0.75

to 2 .90

W

4Mb 1943
F&A
4 Ms Sewer Oct 1 1939-'47.. 6 1.00

to 2.40

Lima

0.75

to 3.00

58 Sewer Feb 1 1939-'51 F&A 6 2.00
Lucas Co 4s O H 1944...M&S

0.75
1.25

to 3.00

5s Pa k &

Imp *39-'41-A&0
5Mb Sewer 1939-1947..

4Mb

1939-1940

6

2.75

1.25

to 4.00

4Mb 1939-1965

F&A

1.25

to 4.00

3.50
99 M

99

4.00

1.25

ft 2.00

1.75 %

1.60
to 2.30

J&D2 6 1.50

to 2.00

%

to 3.50

%

to

3.75

Refg 3 M« 1957-1962..
Greenville 5s W

W '58

J&J
F&A

3.40

Martin's Fy 5s

1.00

to 2.75

to 2.75

ft 0.90

1 50

.80
%
%
%
2.35 %

to 2.70

%

6 2.00

to 3.50

%

6 1.80

to 2.60

1939-'44.M&S 6 1.50

Miami

Conservancy Dist—
5M® (1 to 5 yr mat'y) ..J&D

4Mb Water

1939-1960-M&S

to

Braddock 4Ms '39-'4l._M&N 6100M to 2-65
Cambria Co 4 Ms Nov 1 *39-'45 ft 1.75 to 3.00
Del River Jt Comm
Bridge

6 1.00
5Ms (5 to 10 yr mat'y).J&D 6 2 00
5 Ma (after 10 years)
J&D 6 2.60

105M
Phila-Oamden—
4 Ms Sept 1 '67 opt '41...
115
Easton 2 Ms Water works—
1939-1966—
M&S 6 0.85
4 Ms 1939-1960
.F&A ft 1.10
6 2.20

4 Ms Jan 1 1940-1946
Fayette County—

4Ms Highway 1952..-J&D
Harrisburg—
4s May 15 1939-1953
6101
Jeanette 4Ms 1939-1956.M&S
6100M
Lacakwanna Co 4s 1944-F&A
Lancaster Co 4 Ms *39-'60F&A
Lancaster S D 4s May 1945-.
Lower Merion
Twp 4s 1945._
McK'p't S D 4M» <19-43 M&N
Mercer Co 5Ms '39-'47--F&A
Norristown S D 4M« 1943.J&J
5b Jan 1951

to 2.00

2.00

Par to 2.45

6

Par to 2.50

114

107

1
tax-exempt.

ft Basis.,

to 2.20

6

%

are

to 3.15
to 2.50

107M

..J&J

2.90
to 2.25

6 2.20

4Ms Nov 1 1948

to 2 75

2.70 %

6 2.20

6 2.30

/ Flat price.

I

2.70

to

6 2.75
6 0.75

to

to 2.50

to 2.50
to

Erie S D—

114

to 2.00

%

1

Easton-Phillipsburg 4Mb.

5s June 1 1962 opt '52. J&D
5s June 1 1982 opt '52.J&D
4Mb May 1948
J&J

%

%

J&D 6 1.70

to 3.00

%
2.50 %

%

J&D

113

to 1.75

__

%

2 Ms 1939-1968

J&J

♦Ohio municipal bonds issued since Jan. 1,1913 are taxable, ail bonds issued
prior to that date




to 2.65

Philadelphia—
50

3.90

4s Water Works 1954--J&J

%

Mahoning Val San Dist—
4 Mb water 1939-1952. .A&O 6

3.00

i

2.40

to 3.10

F&A
J&J

to

A&O

0.75

5s Water 1942..
4Mb 1939-1963

to 2.60

Lakewiod—

0.75

1.00

0.50
0.50

m

Elyria 4Ms 1939-1952.__M&S 6 1.00

J&J

Granville Co 4Mb '39—M&N
Greensboro—

2.30
%

to 2.30

W

to 3.25

1939-1955...M&N

4s 1940-45-50

%
1.60 %
3.00 %

1.00

to 3.10

Durham County—

to 2.70

1.00

2.15
ft

5b Water 1939 to 1945.J&J

4Mb 1939-1951
J&D
Forsyth Co 4Mb ^-'SB-JAD

3.05 %
to 3 00 %
to 2.50 %
to 2.50 %
2.10

4 Ms gen imp 1939-43..A&O 6
East Liverpool 4a 1940
J&J

4Mb Oct 1945

4Mb 1939-1966

to 1.50

A&O

..M&N

Bethlehem School Dist—

to

to 2.80

0.75

2.70

1.25
1.00

4 Ms Sewer 1939-59

A

%
2.00

1.00

1939 1946
J&J 6 1.00
Fostoria 5s W W '39-'40.M&S 6 1.00

to

2.60 %

to 2.90

6

to 2.80

6 1.25

to 2.85

M&N

Altoona—

A&O
A&O 6 2.00
A&O 6 2.00

Imp 1944..J&D
Imp 1945
F&A
4Ms Bdge 1939-1951 ..M&S
4Ms 1939-1940
M&S
4Mb 1941-1961.......M&S
Dayton School Dist—
5Ms 1941
M&S
5s Mar 16 1939-1946.M&SI0
East Cleveland—•

>s

to 2.30

1.00

Allen town—

0.75

F&A 6100M to99M

I960 1977

2Ms 1941-66
Durham—

to

J&D 19 6 2.00

5 Ms W W
5s W W

to 1.90

-J&J 6100

1.00

Dayton—

to 2.75

1.00
b 2.00

F&A

1939-1944
4Mb 1939-1943
4Mb Road 1939-1941..A&O
4s 1939-1941
...A&O

CAROLINA

-A&O b 0.75

1.00

2.70 %
to 2.70 %
to

Cuyahoga County—

2.75

J&J b 0.75
A&O b 0,75

F&A

s-a

2 Ms 1940-1959

Columbus S D—
5s 1943-1952

1.00

J&J b 2.75

to

Columbus—

to 3.50

%.

to 0.50

Series "DT" May 31 1939.. 0.50%
5s July 1 1951 Series C..J&J
128
130
4Ms Dec 1 1951 opt '37..J&D
100M
101
4 Msi 1939, 1944, 1949.... J&J 6 0.50 to 1.95
4s Highway Apr.
11940, 1942,
6 1.00 to 2.10
1945, 1947. 1950. 1952
3 Ms Turnpike Revenue—
96 M
97 M
4,1947-1968
F&A
Allegheny County—
4 Ms 1939-1962
A&O 6 1.25 to 3.00
4Ms July 1939-1958
J&J ft 1.25 to 2.65
4s Bridge 1942
F&A
48 1939-1958
M&S 6100M to2~45
2 Ms Dec 1 1939-1965
to 2.45
J&D 6101
2M Apr 1 1939-1967.-A&O 6100M to 2.50

%
%

1.50

to 3.40

1

PENNSYLVANIA

1.50

1.00

to 0.50

1M % Tax anticipa'n notes—

-/o

A&O

1949-1957

to 2.75

0.75

to 3.25

3.25 %
to 3.00 %

4 Ms 1939-1953

to 2.85

2.30

%

101
to 3.70

6s

to 2.20

i

45

2.50

4s Water 1939-1958
J&J
4s Water 1940-1959...F&A

1939-1959

to 1.75

1.00

1939-50.M&N

to 2.10

4 Ms 1939-1955

1.00

39
2.00

M&N

4s Water

to 3.86

2.50

0.50

to 1.50 %
to 1.25 %

Multnomah Co 3 D No. 1—
4Ms July 15 1939
J&J15 ft 0.75
4s July 15 '40-'45
J&J15 ft 1.00
Portland—

to 2.20

6

to 2.50

_

Road 1939

1.00

—

to 2.00

0.50

Ref 1-5% 1967
J&J
Eugene 5s 1942.^
M&S
Multnomah Co—
4Mb Bridge 1939-1944.J&D
4Ms 1949-1956
..F&A
4s Bridge 1945-1955.. J&D

5s

1.00

100

%

1.50

0.75

Astoria—
2.90
to 3.25

Cleveland Heights S D—

to 3.75

1.00

to 1.00

1976..

to 3.85

2s 1948-1949
Asheville—

0.75

3.00

OREGON

2Mb May 15 1939-1940
3 Ms May 15 1941-1945
4.30 %
3.00 4Ms H'way *39-'49 (s-a).A&O
4s Highway 1939-1942..A&0
3.75
4s Highway 1939-1941..A&O
2.0Q
%

to

1.00

2Mb 1946-47-48
2Mb 1940-1948

1.00

to 2.00

3s

to 3.85

ft

to 2.85

1.75

1.00

1.00

A&O
A&o
J&J

to 2.85
to

1.00

1956—

A&O

4MB 1939-1962
4Mb 1939-1968

to 1.25

to 3.50

1.00

F&A

to

4Mb July 1 1939-'62—A&O
4Ms Marl 1939-'56—-A&O
4s 1939-1958
F&A
3 Ms 1943-61
J&D
3.30s April 1 1939-1956

5s July 1961

to 2.60

1.50

%

to 4.40

2Mf 1939-1951

to 2.90

1.00

& ref July 1 *43-'46

%

3.10

%
%

to 4.40

1939-1963
2Ms 1939-1951

to 3.75

1.00

1939-1964

to 3.10
to 1.50

4.25 %

1.00

M&S

§ Ms 1939-1949——A&O

to 3.35

2.00

1939-1961.

%

5 Ms July 1946
..F&A
5 Ms Wat & Pk '39-'49-F&A

3.25 %

5s Harb Dev

1 1939-1962

3 Ms 1939-1956
3 Ms 1944-1953

Yonkers—
6s Feb 1 1939-1952
A&O
5 Ms Jan 1940-1961—A&O

to 2.00

Tulsa—

4Mb Fire Dep '39-'55-.A&0 6 1.50
4 Ms 1939-1950
M&S 6 1.50
4s Sewage 1939-1958. _M&S
0 1-50

to 2.75

1.00

2Ms Sept 1 1943-49

%
1.00

3.65

Okmulgee 5s Mar 15 1943

5 Ms 1940-1970
J&D 6 2.25
5s W W 1939-1968
J&D 6 1.25
4 Ms Grad Cros'39-'54-A&0 6 1.50

to 3.30

1.00

Wolcott 4 Ms Jly 15'39-'42J&J

1939-1947. .-M&S

4 Ms Water Works 1941 J&J

3.30

3.30

6s

J&J

1939-1951

1939-1959

%

to 2.60

.A&O

Cincinnati (School Dist)—
3 Ms 1940
opt 1912
A&O
Cleveland—

to 2.25

1939-1948
1939-1970—
1939-1979

to 2.75

OKLAHOMA

J&J

2Mb Sept 1 1939
2Mb Sept 1 1939

to 3.00

l-4s gen ref July

2.50

4Ms Dock 1943.
4Mb Oct 1939-47
4Ms 1939-1960

3 Ms Sept

to 3.20

4b 1939-1908
3 Mb 1940-45

%
%

2s Sept 1 1939-63
1.00
M&S
1 Ms Wat. wks. '40-'79 M&S 6 0.40

1

to 3.30

0.75

NORTH

to 2.25
to 3.25

Muskogee—
4Ms Aviation 1939-53.J&J 6 1.25
Oklahoma City—
1.00
5Ms 1939-1940.
J&D

J&J

4Ms July 1943
4 Ms Sewer 1955
4s 1939-1956

to 3.40

2.10

gen

3.20

M&S

%

to 3.35

3.10

0.75

3.10s Oct 1

1.50

A&O

5s

Canton School Dist—
5s 1954
-—.A&O
4Mb Dec 5 1939-1942—J&D 6 "1.25*
4.40s 1956
Cincinnati—

100

0.75

Bldg 1939-59.—M&S

%
%

1.50

A&O

4Ms 1939-1957

(See footnote *)

0.85

J&J
J&J b 0.25

98

to 3.25

1939-1947
6s Feb 1 1939

58 July T 1965

4Mb Bridge Rev '67-M&S
Westchester County—
5s 1939-1976
J&D
4M» San Sow '39-'82—J&J
4Mb Parkway 1962-86.J&D
4Ms Co Bldg 1939-44..A&O
4Ms *44. '45. '56 & '69 J&D

to 3.30

1.50

to 100

6 3.75

A&O 6 4.00
Water Works 1942.A&O
Allen Co 5 Ms 1939-1950. A&O 6 2.00
Ashland 5 Ms 1939-1944.A&O 6 1.00
Canton—
5s Sewer 1953
M&S

Thousand Islands

3s

3.05

6 1.25

4Ms 1939-1956

Watertown

5Ms
4Mb
4Mb
3Ms

6 3.15

1.50

A&O

Youngstown School Dist—
4 Msi 1944-1947
M&S

33 M

/ 31M

..A&O

1.50
5s 1939-1944.
M&S
Zanesville—5s City Hall &
Market 1939
M&S
Zanesville S D 5s '39-'43.A&0 ft 1.00

to 100

t

J&J 6 4.00
5s Water 1939-1953. —A&O 6 2.00
4 Ms 1939-1947.
A&O 6 4.00
4 Ms 1939-1952
A&O 6 4.00

Warsaw Union Fr S D No 10—

2Mb

to 4.00

4s

4s June 1

4Ms 1939-1959
4Ms 1939-1956
Youngstown—
6s Bdge 1939-41

to 3.75

97 M to 95

6100M

refunding 1948-56—J&J
J&J

Akron 6s 1939-1940
5MS 1939 1951

to 1.75

6s

1.75
.3.85

& 1955—.J&J 6 3.50
3.50
J&J
2.00
Fargo 4s Aug 15 1939-1954—
Grand Forks—

%

5s 1939-1945
1.50s 1939-1946—

I

2°25

Toledo School Dist—

4 Ms July 1951
4 Ms Jan 1957

%

to 2.75

F&A b 0.25

2s

to 3.20

M&S

111M

4Mb Pub Imp '39-'45.J&J15 b 0.30
4.20s 1939-1949
F&A b 0.25
4.15s 1939-1950
M&N b 0.25
4.10s 1939-1946
A&O b 0.30

4s Co

Sept 1939-1947

OHIO

1942
1939-1953

3°80
to 3.25

5s Farm L'n 1940-45&'50 J&J 6 3.40
5 Ms 1945 & 1948 ser O—J&J 6 3.40

4s

to 1.60

4MB
4Mb

%

3.20

1.50

to 3.25

%

Oct b 1.00

to 3.30

M&S

1.50

%

to 4.00

1939-1942

to 2.50

M&S15

to 3.00

to 2.80

A&O 5100to

1.50

to 3.20

Utica—

4Ms

5s W W 1939-1944
6s Pub Wharf 1960
5s Sewer 1949

4Ms 1939-1953
M&S
4Ms Nov 1 1939-1953
4s Park July 1 1942...J&J

1.25

b 2.00

Warren Co 4Ms 1939-'50_F&A b 0.75
5Ms highway 1939-'53_F&A b 0.75

F&A

L00

QQ

2.70

i

_2.60s 1967-1969.

to 2.00

to 3.60

4s

to 3.90

b 0.30
1940-1966——A&O b 0.80

1.50

100
3.20

3s refunding 1956-68

b 2.00

1939-1948

A&O

2.75

1.50
3.40

%

Troy—

3.90s

to

1.50

%

%

b
b
b
b

1.00

...M&S

4Ms 1939-1954

4Ms 1939-1958. „-M&N 15
4 Ms 1939-1973
-J&J

%

A&O
—A&O
J&D
J&J

%

to 3.15

to 3.50

4Ms 1939-1950
4Mb 1939-1970
4Ms 1939-1965.

%

to 2.60

to 2.90

to 3.25

110M

to 3.20

3.25

1.25

to 3.20

A&O

%
1.75 %

to 4.00

1.25

^

to 3.25

to

3.50

M&S

1942-'68— b 2.00

6s 1939-1940 reg

3.85

Winston-Salem—

Dist—

2.80s 1939-1958
Triborougb Bridge—
4s s f revenue 1977
4s serial

to 2.20

i

b 1.25
b 2.00
ft 2.00

3 Ms sewage 1940-69—J&J
4Ms 1939-1942
J&J
4Mb Sewer 1939-1953__J&J
5s Water 1939-1950--J&J
5 Ms Water 1939-1950—J&J
Free

to 1.90

to 2.75

Toledo—

to 3.65

4.00

NORTH DAKOTA

Ticonderoga S D No 5—
4 Ms July 1939-1958

Union

3.25

J&J

Salisbury 6s 1939-1941--M&N
Transylvania County—
Road & Bridge 6s 1949-50—
Wilmington—
5s Ref & Impt 1955
A&O
4Ms 1939-1962
A&O
4 Ms Pub Imp 1939-60.J&J

1

M&N
J&D15
F&A

4Ms 1939-1944-

M&S

Net

Summit Go—

4M 1939-1940

Rutherford Co 5s '39-'52. .J&J 6

to 2.10

1939-1955

Ask

Springf'd S D 5a 1939...J&J2

to 2.20

to 2.25

%

0.50

2.90

6

to 2.00

to 3.00

4s

to 3.60

F&A

Raleigh—
5s Impt June 1 1944—J&D, 6
4Ms 1939-1967
A&O.ft
4s
1946-1950
M&N;6
3 Ms 1951-1956
M&N 6
3s 1955-1970
A&O 6
Randolph County—
4 Ms 1939-1947
F&A 6
4Mb 1948-1959
F&A 6

to 1.50
to 3.00

to 2.75

—M&S

1.50

M&N 6 3.05

4 Ms 1943-1947
5s Fund June 1959

plloo—«

5Ms 1939-1960

'42.F&A

Bid

Bonds

Net

4Mb 1939-1957
M&N b 1.00 to 3.60
to 91
High Point 4Mb 1939-48.J&J 6 95
5b Wat Sorv 1939-1968 J&D 6 97 M to91M

to 0.90

to 2.00

To

or

To

or

Net
Jullford

6 0.50
5 0.50

preceding the date of issue

Yield Basis

Yield Basis
Bid

Bonds

91

MUNICIPAL BONDS

possible for the closing day of the month

as near as

2.10

%

98

STATE AND MUNICIPAL BONDS
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue
Yield Basis

Yield Basis

To

or

Yield Basis
To

or

-

Bid

Bonds

Scranton 4Mb '39-41—F&A
5s 1939-1950
F&A
Scranton School District—_
4Mb 1939-1956
—J&J
3% opt rev 1939-48--M&N
Wilkes-Barre—

1939-1943—F&A

b 1.10

3.90s

%

to 3.00

to 3.10

to 2.70

Cranston—
4s 1939-1968.

M

Sept 1 1955-1958-

2.75

to 1.25

2.30
S.60

2.65

1.00
1.00
1.25

Newport—
1.00
4MB 1939
M&S
1.00
5Hs June 1 1939-1953
4Mb May 1939-1942-M&N b 0.40
4s May 15 1948
M&N
8Mb g High sch 1954-J&D
-

to 3.25
to 3.60
to

-

General Obligation 5s...._

Funding 5Ms Sept 1950—

Watftf d UCa

85
4.10

4.10
4.20

Port Arthur—
5s 1939-1970-.San Antonio—

4.00

6 3.00

J&J

4Hs Sewer 1952
4Ms School 1954

3.30
3.30
3.30

JPfcmdence—
4Ms 1939-1959

Funding"19527%2"."A&6

2.25

0.50
77

to 2.40

101

Electric System Revenue—
3 Ms 1941-1954
.J&J b 2.00
3 Ms 1955-1958
J&J

4s Jan 1 1945
4s Oct 1 1954

to

2.60

!957.-«—«M&N2
—J&D

4s Water 1962

A&O
J&D

4s Oct 1 1964-

«1939-1950

6

Par

3s 1944-1951
-J&D b 1.00
2Mb 1939-1957—-—F&A b 0.50

60.40%

2s May 1 1939-1958WPA School Loan—

ho
2.50
2.50
2.60
2.60

to 2.30

to 2.30

to 2.25

—J&J b 1.65 to2.40 %

3s 1946-1965
Woonsocket—

4M% Highway '39-'49 J&D
Memphis 5s July 1954—.J&J
5s River Term '39-'48.A&0
4Ms Water 1939-1962-J&J
4 Ms Water 1949
J&J
4 Ms Park 1959..
A&O
4Mb 1939-1955
..J&D
4s 1939-1954...
M&S

M&N
4Mb Funding 1944—
4Mb 1939-1967
J&D 57.00
4Mb June 1939-1957
J&D 6.1.00
5s Funded 1939-1959—A&O 6 1.00
4s Funding 1947—...A&O

2.25
to 4.251

to

3.00
to 3.60
to 3.60
to 3.75

.

70

SOUTH CAROLINA

4Mb ctfs indebt 1939- 53-J&D 6 1.00

to 3.10

J&J 6 1.00

to 3.00

6 2.00

to 3.00

4s Institu'l 1939-1959

Refunding 1940-55—
3M® State Highway—
Ctfs of indebt 1940-49. J&D
State ctfs of indebtedness
3s Jan 1 1939-1952
J&J
2Ms Highway Oct 1 '45-'64—Aiken do 4Mb 1939-1945.F&A
Anderson Co-—
4Ms Highway 1939-43-F&A
Charleston—-4 Hs Jan '62-J&J
3 Ms Wat Works'39-78A&0
Cheraw 5s '52 opt '32-July 1
Clarendon Co—
6s May 15 '39-'40~M&N16
Columbia 5s Ref 1941.-M&S
4Water 1945
..J&J
Greenville—5s St 1942..-J&J
3 M« water ref 1939-76 M&N

°?8JSI'StWKShfS
Greater Greenville Sewer

6 1.50

to 2.75

1.00

to 2.75

2.50

to 2.75

2.00

to 2.75

6 1.50

103
6 1.50

UNITED

95

6 1.00

to

6 2.00

6 1.75

3.15
to 3.25
to 3.00

3.30 %

98
100
102 M
104
98
100 M

Dist

6 2.80
6 3.15

to 3.40

%

6 3.25

to 2.50

4.40

to 2.75
to

lelby County—
4s Courthouse"1957
A&C 6 2.90
5s Aud Mkt H'se 1949-M&S 6 2.80
1.00
4M% Jail 1940-1951—M&S
Smith County—
5Ms Fdg 1939-1958—J&J 6 1.00

2.75
2.40

2.75

Abilene 5s Feb 15 1959-1965—
Amarillo4Ms *39-'58-M&S 15
Austin—
5a 1939-1942
J&J
4MB 1939-1961
J&J
4 Ms 1939-1953
J&J
4 Ms 1954-1958—
J&J




i

-—

„

0.85

ro

to 2.10

to 2.20

M&N

M&N

6 2.00

to 3.75

6 0.50
6 0.50

to 3.00

6 0.50

to

6 2.50

6 2.00

%

to 0.76

6 1.25

to 2.60

6 1.25

to 2.25

less

1.40
0.50

to 1.00

2.60

less

1

to 2.00

1

?75
%

1.00

to 3.25

0.75

to 3.10

1.00
2.00
3.10

to 3.10

less

1

?25

3.05

less

1

3.25

1.75
0.75

s

1

2.00

to 2.90

to 4.10

2.50

s

1

I

2.75

less

1

2.00

less

1

0.50

to 2.20

%

less

1

F&A

2.50
2.60

less

1

1.50

less

1

2.60
3.00
1.50

1.00

to 2.75

J&D

„

5s Water 1948

3.25

Richmond—
4Mb 1949—
4Mb 1958...

J&D

...

to 2.70

El Paso—
5s W W purch 1950
5s Impt Aug 11948

to 3.20

to 2.25

to 2.80

6 3.00

F&A
A&O

6 Too" to

J&J
J&J 6 2.60

%

J&J 6 0.50
J&J

4s Elec

1

1943

Light 1942

1943

I

2.25

2.40

1

2.25

4Mb Pub Bldg 1944—M&N
April 1952
A&O
•2Mb Water 1939-68—.A&O
2Mb Jan 1 1939-1958—J&J
4Mb 1939-1956-—
Staunton 5s 1939-58....M&S
Tazewell Co 5s 1939-40— J&J
Washington County—

less

0.50

to 2.00

___

58 school

1939-49—--—J&J

J.00 to 3.25
2.75 to 3.15
6 2.70 to 3.00
100 M
101M

and 1958 at 100.

%
1.25
1.60
2.00

2.70

4 Ms

ho

ff50
.
1.50
1.60

J&J

J&J

I
.60
1.25
2.50

to 1.50

4Mb Street Impt May.1940
4 Ms Pub Bldg 1941—M&N

I

X Optional to Jan. 1 1938 at 105. 1943 at 104,1948 at 103,1953 at 102

%

1

J&J

4Ms Jan 11960
2MB 1939-1953

3".25 %

9

I
°.25

3.75
2.50
less 1
to 3.40 %
%
less 1

less

Roanoke—

_

A&O

1.00

4a 1939 to
4a 1941

to 2.75

J&J 6 0.50
2Mb voted 1939-58
F&A 6 0.50
Dallas Co 4Mb Apr 10 1951— 6 2.65

2.00

%

to 2.60

to 2.75

less

J&J
J&J
J&J

4s

to 2.80

2.85

6*3.40 fess I

1964
4Mb July 11941
4Mb July 1 1965

101

6 0.75
6 1.80

to 3.75
less 1

2.00
2.25

to 2.90

1.00
3.00
2.90

3.65

4Mb July 1

to 3.75

1

2.75
3.00

5Ms 1951
.F&A
4Mb Impt Oct 11942—A&O
4Mb 1939-1954—
.J&J

to3"40 %
to 3.75

less

Portsmouth—

'0

2.50 %
to 2.80 %

6 0.75
6 0.75

2Mb 1939-1957

,

to 2.35

1.75

4M% April 1941-47
4Mb 1939-1972
5% Water May 1952
5% Port Terminal May '52.
5M% School Oct 1901
Petersburg 4Mb 1952—.A&O

n't

93

4Mb 1939-1970———-J&J 6 1.00
4s 1942 opt 1922
J&D 100
3 Ms 1939-1952
A&O 6 1.00
4s 1953-1977
A&O 6 3.40

-M&N

6 2.00

to

Norfolk—
3s Jan 1 1939-1948
3s Jan 1 1949-1958

3.60

1.00
to 3.65 %
to 3.00 %

1939-1950—J&J

/ Flat price.

\

1.90

0.75
2.80

4Mb 1948
4Mb Feb 1953

3.75

A&O
A&O

4s School 1939-1951—J&J

b Basis.

1.90j.

0.60'5f

Newport News—

to 4.00

1954.M&S

5s 1939
-v....
5s 1940-1965—

to 3.25

F&A

0.40 70
0.40 \
7o

4b street Nov 11941..M&N

to 3.50

3.50

6 1.75

..—F&A

91

J&J
J&D

—

4M> 1939-1970
4M 1939-1945

3 Mi 1»43 to 1946
SsFeb 1 1947

96

4Mb Pub Impt 1946—.J&J
4 Ms Water 1951
J&J
4s Pub Impt 1939-1959.J&J

TEXAS

to 3.25

May 1 1943- 50—M&N
Ref 4s Aug 1 '43-*49. —F&A

to 3.75

Lynchburg—

m

to 3.00

Due

I

to 2.40

2.15

1962

Refunding 1939-'46—J&J

Henrico County—
School 58 1939-50
4 Ms June 1 1957

2.75
2.60
to 2.75

Tipton County—
4Mb Road July 2 '39-'58J&J 6 1.50
Washington County—
6% Fdg Jan 1 1954—J&J 6 4.00
White County—
5M% Highway 1955—M&S 6 3.85

is

Albemarle Co 5s 1948
J&J
Alexandria 6s 1939-1958-A&O
3s 1939-1973—J 15 & D 15
Arlington Co 5Ms '39-'54 F&A
Bristol 5Ms Sch 1939-53 .J&J
Charlottesville 5s 1962—M&S
5s Water Impt 1958—J&J
Danville—
4Mb Ref Aug 1942
F&A
4Mb July 1 1939-1950-J&J
Fairfax Co 4Mb 1945—F&A2

to 1.75

J&D 6 4.75
Robertson County—
4Mb Road 1948——F&A 6 3,00

6 1.75

£ J™

4s Refunding 1942-1951 J&J

fs Refunding 1947-60.. J&J

to 2.75

Polk Co 5s 1939-1946

6 1.75

4§s
4jJs Rural Credlt---fie.

3 Mb 1939-48
.J&D 6 0.80
4Mb Oct 1 1939-1949—A&O 6 0.70

.

to 2.75

4Mb 1939-1960

to 3.15

1.90 %
2.10

3.20

4 Ms 1939-1968——M&N 6 0.50
4 Ms 1939-1967
J&J 6 0.50
4Mb 1939-1948—
M&S 6 0.50

Spartanb'g Co 4Mb*39-'47M&S
Sumter Co 5s 1939-1952—J&J

6 1.00 to 1.50 %
5s Rural Credit '39-'40~A&0
6 2.0a less 1
6s Sept 1941————M&S
to 1.50
5s June 1 1939 ....-..--J&D 6 1.00
15 1939-1940—J&J15 6 1.00 to 1.50
5Ms Jan 15 1943-.
J&J15 6 3.10 less 1
Rural Credit 1942-J&J 6 2.30 less 1

to 3.25

VIRGINIA

to 2.80

Dallas—
5s 1939-1960

SOUTH DAKOTA

to 2.90

2.60 9,70

4s (Commonwealth)

5Ms Impt Apr 10 1956-1965 6 3.25
Corpus Christi 5s fd '67.F&A 100

York Co 4Mb

to 3.25

to 3.00

to 3.30

5s Sept 1 1939
5s Nov 1 1943

6 0.50

6 0.75
6 3.00

6 2.00

A&O

Burlington—
4Mb City Hall 1940-55.J&D
Rutland (School Debt)—
4s 1939-1948
F&A

to 3.00

6 0.50

6 1.50

198M#W

STATES—See

4s Ref 1946-1905

„

3.00

Brazoria Co—

Spartanburg^r

to 1.50

VERMONT

3.40

6 0.50

to 2.25

to 3.00

to 3.25

0.75

103

2.70
3.00
to 3.00

6 2.00

—

to 3.25

6 0.75
6 1.25
6 0.50

%

to 2.65

to 2.90

to 2.65

to 3.85

6 0.75

19 and

„

103

6 1.00
6 0.50

4M* 1967
M&N
sewer 1939-1948--.J&D 6 0.05
2Mb sewer 1949-58--.J&D 6 2.70
Kershaw Co—■
5s Highway 1939-1946-F&A 6 1.50
3s

to 2.50

to 3.75

Salt Lake City S D—
4s May 1 1949
M&N 6 2.10
2.30
5%-2M% Refund '58.M&N
Salt Lake Co 4Mb Apr 1 1942
1.10

101
to 3.50

6 0.50
6 0.50

J&J
4Mb Hospital '39-'50—J&J

Beaumont—
5s Water Works

to 2.60

5Ms April 1 1941
1.00
J&J
4Mb Road 1939
0.60
J&J
4Ms July 11939
J&J 6 0.60
Ogden 4M% 1939-1945-F&A
0.50
Salt Lake City—
5s Refunding 1941..
J&J 6 0.85
4s Ref 1939-1945
0.50
A&O

96

100
td 2.50

to 2.75

UTAH

104

6 2.00

to 4.00

6 0.75

pages

3.00
to 3.00

to 2.60

to 3.20

6 1.50

5s Water Works 1942..J&J 6 2.25
4Mb Water 1939-1968—J&J 6 2.00
Wichita Falls—
3 M % to 4 M % due 1969
94

to 3.25

Nashville—
6s 1939-1942
A&O 6 0.50
5s March 1939-1960- -M&S 6 0.50
5s Memorial Sq '39-50-M&S 6 0.50

4Ms High Sch 1940

3.75.Vo

2.15
3.00

3.60

b 1.00
6 3.15

-

4 Hs funding 1941 .....J&D
6s Fund 1939-1961—M&N 6 Par
4Mb 1939-1967
J&D b Par

to

Brattleboro—

Montgomery Co—5s Cumber¬
land River Bdge 1953.F&A

to 98

to 3.10

Waco—

80

Madison County—

J&D b Par
J&J
A&O

to

6 0.75

F&A 6 0.75

5Ms W W 1939-65—M&N
5s Sept 1939-1959
M&S
5s St Impt Dlst No 2 1943—
4 Ms 1939-1967
J&J
4Ms 1939-1968
F&A
3s July 1 1939-1951
J&J
San Antonio S D 5s '50—F&A

2.50

2.40

101

to 3.50

6 2.00
6 0.75

•

3.90
3.90

b 3.75

to 3.50

to 2.50

90
95

County—
4Mb Bridge May 1 '51 M&N b 3.50

Refunding 6s Jan 1 1958
Obligation 4Mb

0.75

0.75

Houston S D 5s Feb 19521111 6 2.00
4Ms 1939-1951
J&D 6 0.75
Palestine 5s Sch Aug 11939.
1944, '49. '54. '59. '64— 6 1.75

Knox

General Obligation 4
IMS—

to 1.75

to 2.25

4.40

General

J&D
M&N

4Hs 1950

4

to 3.60

1.90

84

98

1.00
1.50

6 1.00

2.65

100
103
96
98
99

Apr 10 *39-'56.A&010

4M# Impt 1940-55(s-a) .J&J

4.50

4s

to 3.25

2.10

0.50

6 4.75

to 1.25

Pawtucket—

to 3.60

to 2.50

6 2.85

6s July 11943
6s April 15 1946-1947

to 3.50
to 2.25

.60
2.70

to 3.50

0.75

to 2.65

6 2.30
6 2.20

Refunding 4Mb Jan 1 1958Refunding 4Mb Jan 1 1958.
Refunding 5s Jan 1 1958

2.25

3.15
0.75

6 1.25

to 3.25

4 Ms,

2.00

Net

Houston—
4 Ms
Sept 1939-1952—M&N 6 0.50
4MB 1939-1957—
J&J 6 0.50

6 1.00
6 Q.85

4 Ms Dec 1 1939
4 Ms bridge 1944-1945

4 Ms

Knoxville—

J&J
4Ms Mar 15 '39-73-M&S15
5s 1939-1942
A&O

4s Mav 2

to 2.90

less

b 4 60
1940-1958
Hamilton County
3.75
4M% Refunding 1957.A&O
3.20
5% Bridge 1944
Jackson—
4Mb Ref 1939-1948—J&J b 1.00
Johnson City—
93
5 Ms Impt 1939-1946—J&D

2.00

to 2.60

to

6 2.90
6 1.00

Ask

Harris Co—

5Ms road-.
Chattanooga—
4Ms School 1956-.
A&O
4Mb Memorial Aud '52M&N
6s Hospital 1954
M&S
Cocke County—
4Ms Road 1947 opt '39-J&J
Davidson County—
4 Ms Highway 1947—J&J
5% Co Memorial *39-'50 J&J
Dyer Co ref 3M-4Ms 1965...
Fayette County—
4Ms Road 1958
-J&J
Gibson Comity—

RHODE ISLAND

1% Relief 1942-1943—M&S
1H% June 1 1939-1943—J&D b 0.40
3% Public Wks 1951-56-M&S b 2.00
4s Charit Inst 1965.M&S
4s June 1 1977..
2.75
J&D

2.10
to 2.35

Carter County—
5s funding Jan 1 1959-- J&J

102

-J&D

——J&D 6 2.50

4s 1940-1955
4 Ms 1940-1967

ho

..——.A&O

2.20
2.40
2.20

Sept 1 1946

3Ms 1948

to 2.60

to

Fort Worth—
5s 1951
5s 1939-1959

To

or

Bid

6 2.40
J&D 6 2.60
6 2.35
6 2.25

J&D 6 1.50

2Mb 1947-1948--.-

2.50

to

95

Bonds

4Mb 1939-1971
—F&A
4 Ms 1939-1964
F&A
4s Refunding 1941
J&J
Ind Sch D 4s '39-'64—F&A
3 Ms Nov 1 1939-1967-M&N
Galveston—
5s Grade Raising 1944.A&0
5s School
1939-1954—M&S
5s 1939-1956
A&O
Grimes County—
5Ms Road. 1939-54-A&0 10

3 Ms Sept 1 1944—
3 Ma Sept 1 1945—

td3.20

4Ms 1939-1940
J&J 6100 J*
4Mb Impt 19464945—J&J b 2.00
York 4Mb

90

38

to 2.50

b 1.80
b 1.00

98
65

TENNESSEE

102

6 1.80

60

Net

80

94

5Ms Dec 1 1940

101

b 1.90

75

Stanley Co refunding 4Mb

to 2 .20

to

Ask

Perkins Co refunding 3-4s

School District—

2MB 1939-1963—-J&D b 0.40
Reading 5s Impt 1943-49-J&J b 2.25
Schuylkill County—
► 4KB 1939-1955.
J&J b 1.75

Bid

Corson Co 5s fd 1939-'47 M&N
Jackson Co—
4 Ms fund 1939-'47_M&N15

Philadelphia (Concluded)
105
4 Ms 1976 opt 1946
4 Ms Dec 171978
J&J 106
4s July 1939
J&J 101
4s July 1942
—
J&J 103
106
4s Jan 1 1940..
J&J 104
4s Feb 16 1955
J&J 105
4s Nov 1 I960
—J&J 107 &
4s July 26 1972
—J&J 102
100
3 M» July 1 1986 opt 1956
Philadelphia School Dlst—
0.60 to 2.65
4MB 1939-1943
.-J&J
2.50 to 3.35
4M» 1941-1959
SM&N
0.60 to 3.40
4M* Apr 151939-58.A&015
0.50 to 2.25
4s 1939-1942
J&J
0.50 to 3.25
4s 1938-1950
J&D
Operating Revenue—
1Mb Apr & Oct 1939-1941 6 0.50 to 1.65
Pittsburgh—
4 Ms 1939-1950
J&D b 1.50 to 2.50
4s 1939
-J&J
2 Ms Sch Dist 1939-62-A&O 6 0.50
100
2 Ha July 1 1939-1956--J&J
100
2 Ms Feb 1 1939-1958-F&A
Public Works Relief—
4K% 1953
-.—J&D 5 2.80

Bonds

Net

Ask

to 2.75

0.75
0.75

to 2.40

0.60
0.75

to 3.25

0.75

to 3.25 %

6 1.00

to 3.40 %

to 2.50

I
I

JAN., 1939]

STATE
Quotations for all securities

AND

are as near as

MUNICIPAL BONDS

Yield Basis
Bid

Yield Basis

To

or

Bonds

Ask

1951-52 b 2.30

3}*% Gen oblig
Olark Co 5}*s
m

p52

opt *33 A&O

to 1.10
to 1.75
to 2.60
to 2.60
to 2.60

101

43*s Gen oblig wat_1939-59 b 1.75
5s Water ref--—1939-45 ft 1.50
33*s Water ref-—1939-39 b 1.50
2Kb Water ref—1940-42 6 2.00
•King County—
4&s Bridge 1939-49.M&N
1.75
4}*s 1939-1950
M&N
1.75
Pierce County—
454 B 1939-1944
1.00
Port of Seattle 5s '39-'55 M&S
1.25
1.25
43*s Jan 1939-1955
J&J

6b 1939-1941 L & P—A&O 6 2.00

A&O

6 2 00

to 2.75
to 2.00

to 3.35

58 Wat rev

to

to 2.60

WISCONSIN

2.25

to

2.50
Eau Claire 43*s 1939-1944. J&J 6 0.50
Green Bay—

to 2.65
to

2.65

to 1.80

6 0.50

to 1.90

1939-1947
A&O
to 3.10 %
6s W W 1939-1960
M&N
Madison—
2.00
43ns
1939-1949J&D
to 3.10 %
Milwaukee—5s 1939-'40.-J&J
43*s 1939-1945
J&J

1939-1951—J&D

6

1.25"

4s

WEST VIRGINIA

to 3.25

5s Highway 1939-1946—J&J
43*s
1945-1954
J&J
454s
1939-1943——
J&J
4s 1939-1950
J&J
4s July 1948-1952
—J&J
354s 1951 and 1952
J&J
33*s
1943-1952
J&J
3s Sept 1. 1939-1946
M&S
254s Sept 1. 1946-1960—M&S
2 3*s Nov 11939-1962.._M&N
234s May 1 1944-1962
2s Road 1939-1963
J&D

to 3.25

3.50
to 4.50

6 2.70

to

6 1.75

to 2.00

6 2.50

to 3.30

6 1.75

to 3.35

to

4.50

6 4.25
6 2.25

to 4.50

6 3.00
6 2.70

to 4.15

to 4.40

to 3.20

to 3.25

6 0.50

to 1.90

ft 0.50

to 0.70

6 0.50

to 1.75

J&J 6 0.50

to 1.60

ft 0.50

to 2.25

6 2.20
6 0.25

to 2.40
to 1.10

Racine—434s 1939-'57—M&N

6 0.25

to 2.00

6 2.10

to 2.30

1939-1941
F&A
Racine Co 5a 1939-1940--J&J

ft Tio'

to2"30

43*s
1939-1950——J&J
Superior 434s Sch '39-'44-J&J

6 0.25
6 1.80

to 1.80

1.00

6s

to 2.00
1

to 1.60
to 1.90

to 3.25

1.00

to 2.50

1.25
1.00
1.00

to 2.50
to 3.00
to 3.50

to 2.15

6 0.25
6 1.50

to 2.15

6 0.30

to 98

WYOMING

to 2 .15

154s Road 1950-1951——J&D 6 1.85
1.40% July 1. 1939
J&J
Charleston 4 J*s '41 opt '27J&J '16034

to 4.15

1939 1944

6 1.00

Milwaukee Comity—
434s Ct H'se '39-'50 M&N 15 ft 0.50
43*s Sew Mar 12 1939-1945- 6 0.50
4}*scourth'se '39-49 J&D16
0.50

to 3.25

are as near as

4s Road 1951 opt 1941
Natrona Co S D No 2—

to 1.95

5a

J&J 6 0.50

6

1.25

1.00

J&J 6 1.00

to 2.25

A&O

to 2.75

6 0.50

1939-1944

to 2.80

possible for the closing day of the month preceding the date of issue.

Surplus

Capital

Unearned
Premium

1937

Reserve

Surplus
31.

Ask.

Per

Aetna Insur (Hartf)
Aetna Life (Hartford)

10

Agricultural (Watet'n)

25

—

Amer Alliance (N Y).
Amer Equitable (N Y
Amer Fire (Wash'ton
Amer Home Fire(N

Y\

10
10
5
100
10

(Newark

Amer Reinsur

(N Y)_

Amer Reserve (N Y)_
Amer States (Ind'nap)

10

Amer Surety (N Y)__

25

Automobile Ins (Hartf)
Baltimore Amer (Bit)

10

10

Bankers & Shipp (NY)

100

(Boston)

Buffalo Ins Co (Buff) 100
5

Camden Fire (Camden)

3,000,000
7.500.000
15,000.000
3,000,000
3,000,000
1,000,000
200,000
1,000.000
3,343,740
1,000,000
1,000,000
300,000
7,500.000
5,000,000
1,500,000
1,000,000
3,000,000
1,000.000
2,000,000

14,075,487
15,600,498
18.326,607
4,014,483
3,103,032
2,868,502
358,810
1,064,482
10,042,548
3,028,762
1,289,054
301,393
4,072,585
7,185,126
1,426,661
1.582,925
14,706,570
2,197,738
4.221.644

112}* 116}*
47 3*
493*

15,222,624
20.016.996
6,655,795
5.356,163
1,945,247
4.430,055
77,748
841,394
11,982,022
1,185,624
2.188,793
934,306
5,941,659
9.028,811
2,484,927
3,303,633
4,694,847
2.276,425
5.235.713

29

77

22J*
263*

II*
120

6}*

~~7%

12 J*
41

133*
43

28

293*

28

30

52

54

34}*

36}*

6

_6 3*

92
600

95
610

340

385

19}*

Nat'l

21}*

500,000

745,006

784.722

5

400,000
1,500,000

498.031
889.159

2,526,605

20

2,808,328 38,822,179
6.210,523 188,156,229
3.695,297 22.263,915

70

10

24

100

Conn Gen Life (Hartf)

10

Continental Assurance

10

Casualty
(Hammond, Ind)._
Continental Ins (N Y) 23*
Eagle Fire (Newark)Employers Re-ins(KO)
Excess Ins (N Y)
Federal Ins (Jer City)
10
Fidelity & Dep (Bait) 20
Fidelity-Phenix (NY)
—

'16
10

20

Flremans Fund (SP).
Fire mens I us (Newark)
Franklin Fire (Phila)
General Reinsurance.

25

Georgia Home

10

Gibraltar Fire & Mar
Glens Falls Insurance

10

(Glens Falls. NY).
Globe & Republic
Globe & Rutgers Fire.

5

_

2d preferred
Gr
Amer Indemnity

2,000,000
3,000,000
1,000,000

Hanover Fire

Hartford Fire

5

5
5

5
15

15

1,750,000 5.013,966
5,000,000 51,759,596
815,000
445,769
1,500,000 2,500,000
755,095
605,381
4,000,000 10,519.950
2,400,000 5,515,051
3,750,000 40,351,755
1,000,000 1,558,499
2,000,000 9,422,201
300,000
334,421
7,500,000 13,142,938
9,376,690 7,232,618
3,000,000 6,880,363
1,000,000 5,285,913
500,000
684,304
1,000,000
905,995
2,500,000
1,000,000
1,200,000
t959,745

6,591,820
1,345,528
6.584,985

1

(New York)
Great Amer Ins (N Y)
Halifax (Halifax. NS).

(N Y)_
(Hartf)

1,000,000 2,802,013
8,150,000 22,399,846
10
2,000,000 1,702,507
10
4,000,000 5,213,048
10 12,000,000 47,714,286
5

10

(Hartford)

Home F.re Security..
Homestead Fire (Bait)

3,000,000

6,429,741

5 15,000,000 38,657,540
10
10

1,000,000
4,932,000
1,000,000

2,736,467
200,088
402.971

200.000

10

Importers & Exporters
(New York)

sas City.
Mo)
Knickerbocker (N

Lincoln Fire (NY)

No par valua.

Ask.

Nat'l Liberty (N Y)._
Nat'l Union (Wash)..
Nat Union Fire (Pitts)
Amsterdam Cas

share

10 12,000.000 54.240,005

38}*
35}*

iH

49
6H

7

42 K
116 J* 1
34 34

32
60
28

81}*
8}*

ilH
ii*
62}*

(Baltimore).
New

Brunswick

916,498

29 X

1,000.000
1,000.000
210,000

6,162,223
2,051,004
161,527

94,734,162
1,939,435
166,918

5

5

t Consists of $366,870 $4




cum.

5
20

23}*
22 X

« x

66*
83*
24 J*

223*
30}*
72h

45}*
123*

718,360

1,137,150

640,670

1.519.452

1,000,000
733,549
750,000
750,000
5,000,000 20.031,369
4,000,000 7,061,655
100,000
325,721
1,100.000 5,071,361

1,104,343
863,183
15,336,951
6,687,915
99,794
7.211.703

3X

46

115
25

8X
4

27 X
603*

iP
112}* 118

2

l.oqo.ooo

4,000,000

5,902,149

11}*

11}*

1,000,000

1,403,713

1,707.901

30}*

32}*

10

3,000.000 8,430,465
1,000,000 2,064,269
2,000,000 12,030,562
1,000,000 4,581,784

4.414,095
2,198,357
5,811,786
4,746,269

44}*

463*

17

3

18}*

103*
67
37

340

9}*
2h

39}*

25

1.000,000

2.809,172

10

3,000,000

5.284,542

20

22

253*

27 X

921,333
712,088

946,721
2,349,153
1,384,273
1,525,045

23

243*

1,000,000 1,683,639
1,500,000
923,767
4,000,000 23,309.581
1,000,000
651,498
1.000,000 1.000,000
1.000,000 3,244,267

836,660
3,084.449
9.303,853
658,242
740,619
4.203.693

| Peerless Casualty..
Phila Life (Phila)
Phila Nat Ins (Phila).
Phoenix Ins

(Hartf)..

(New York)
-

_

_

10

1,000",6o5 2,55b"505

10

2,000,000
1,000,000
1,000,000

8

2

"83*
23*
16

77

81

1,798,467

183*

20 X

4.529,207

33 X

(Hartford)

10

5
10

5
25
10
10
10

2.986,748

73*

25

5,000,000 12,485,056 12,004,391
500,000
741.327
6,861
2,000,000 18.118,207 58.851,773
Ass'nceJOas)
Travelers Fire (Hartf) 100 20,000,000 28,057,816 784,893.059
U 8 Casualty conv pref
2
1,000,000 1,721,455
2,395,134
U S Fidelity & Guar¬
2
anty (Baltimore)
2,000,000 6,005,215 14,377,490
U S Fire (New York).
4
2,000,000 16,277,857
9.773,756
U S Guarantee Co
10 2,000,000 4,253.298
2.817.550
Unlver Ins (Newark).
8
400,000 1,007,164
387,306
Virginia F & M (Rich¬
mond)
25
1,000,000
934,590
625,063
West Coast Life (S F)
375,000
5
1,042,256 21,698,853
Westchester FireCNY) 2H '1,000.000 8,163,259
5.445.542
Wisconsin Nat Life
10
400.000
537,348
6,890.470
Sun Life

im
1173*

14

14}*

554,995
8,255.808

2

(Phila)..

Republic (Dallas)
Revere (Paul) Fire
Rhode Island (ProV).
Rochester
American
(Rochester)
Ins

25}*
10}*
114

130

Washing¬

(Providence)
ReinsuranceOorp(NY)
ton

Rossia

11,958,021

126

Accident

Preferred

Security Ins (N Hav).
Springfield Fire & Mar
(Springfield, Mass)
Stuyvesant Fire (N Y)

55}*

23}*

10
5
10
10
10

9}*
25}*
23 h
32}*
74}*

403*

575,705
5,317,985
802,908
17,345,695
3.357.453
30,667.113
117,498

Pan-Amer Lire (N O).

St Paul F & M (St P).

32

917,667

28

1003*

10
25

Fire

Seaboard F & M (NY)
Seaboard SuretyjNY)

53 3*

1,000,000

98

(Milw).
(NY)...

Old Line Life

Pacific

29

30

10

25
10

15

263*

2,000,000 5,240,607
1.000,000 2,250,533
1.000.000 1,106,461
1,000,000 2,335,991
1,000,000
942,240
400.000
405,645
700,000
220,322
1,000,000 2.054,726
6.000,000 38.182,317

69

35}*

'

50

10

Fire

(Minneapolis)
NorthwesternNational
(Milwaukee)
Occidental Ins (S F)..

Reliance Ins
45

21K
22M

21,114,464
1,901,658

4.897,527
4,059,443

Hampshire Fire

Providence

"83}*

43 X

2

1,000.000

2,512,137
7,406,132

New

38

2%

81,084

35

Northwest Fire & Mar

35

1,222", 065

20

2

75
27 X

38

8,719,926
51,585,447
2,205,218

395,019

5
10
10

25 H

3,994,343
13,502,357
1,059,053
4.805.714
38,201.787

1,444,670
11,531,659

Insurance

(Providence)

36

6.561,640
2.553,973
1,442,339

100

Y)

Merchants

National Cas (Detroit)
National Fire (Hartf).

(Manchester, N H)

8,418,754
20,522,705
1,097,509
3.851,702
441,123
2,724,679
6,364,068
15.367.997
3,402,136
9,317,827
254,220
12,954,358
12,995,622
7,676,380
2,363,558
1,126,382
1.445,326

1,967,908
4,773.543

1,000,000

New York Fire
5
North River Ins (N Y) 2}*
Northern Ins Co(N Y) 12'

2X

Insur Co of Nor Amer

(Philadelphia)
Jersey Ins Co of N Y.
Kansas City Life (Kan¬

(Newark, N J)

33*
213*

I

Hartford Steam Boiler
Home (New York)
Home F & M (SF)__.

Bid.

Merchants & Mfrs Fire

New

Continental

Fidel & Guar (Bait)
Fire Assoc of Phila
Fireman's (Wash'ton)

Cas'ty
(Phila)
10
1,000,000
Maryland Casualty
1
2,544.798
Mass Bonding & Ins
(Boston)..
12'
2,000,000
Merch Fire Assur/com!
5 12.500,000
(New York)
\pref 100
Merch Fire (Denver).
10
400,000

25}*

Life

(Boston)

Reserve.

Premiun.

Per

(NewBrnns. N J)._
10

Central States Life (St
Louis)
City of NewYork(NY)

Capital

share

(Wilmington

N.O.)

Par

Manufacturers

10

(Hartford)

Unearntd

1937

Dec.

Bid.

Aetna Casualty & Sur

•

2.10
to 2.75

%

to 2.80

Dec. 31.

Columbian

Net

/ Flat price.

Par

Carolina

1.50
2.00
1.50
2.60

534s G O sewer 1939—M&N

Quotations

Boston

Ask

5s Wat Wks 1939-1952.J&J 6 0.25
to 2.00

Yakima—
to 3.35

jClarksburg 5s 1939-1953.A&0

Amer Insur

to 2.20

6 1.25

434s

Charleston S D—
5s
1939-1952

6 Basis.

%
2.«0 %
3.00 %

to 3.15

4}*srefwat 1939-1954-J&J 6 1.25

to 2.40

6 3.60

M&N 6 2.70

1946-1950

to

Bid

Clarksbg S D 5s '41 ep '21M&S 61.50%
Hancock
County—5s Grant
Road Dist *46 opt '32_M&N
100
Huntington 5s 1944
Oct 62.2
Mercer Co 5s '44 op '24 A&O 15
1003*
Morgantown 5s 1939-1948.J&J 6 0.50
Wheeling—

to 2.80
to

To

or

Bonds

Net

2.70 3.35

1.25
2.00
1.50
1.50
1.50

Walla Walla—

Seattle School DIst No 1—
4s

2.90

4^4s Water '39-'43 (s-a)J&J
454s EIL&P *42-'46(s-a)J&J
454sEIL&P'39-51(s-a
A&O
4s Water 1944-1946
J&J

to 3.40

Revenue Bonds—

3)*s 1939-1954

Ask

Tacoma—Revenues—

•Everett—

„

Bid

Spokane—
4}*s Park 1962
J&J
4s & 4}*sref 1939-51--J&J
3J*s Ref 1943-1954 —J&J
43*s 1939-1954
M&S
554s 1939-1953
J&J
5s Imp—Mar 1 1939-1942...
Spokane Water Revenue—
4^8-4^8 1939-1941—A&O

Refunding 6s 1953—M&N

5}*s L & P 1939-1943-M&N
5« Light & Pow 1942-56A&0
454 Lt & Pr 1939-'58—M&N
Gen oblig 4}*s *39-'40.A&0
4}*s 1941-1955
A&O
454s 1939-1957
A&O
Kl Munic Lt & Power Rev—
454s 1949-1968
A&O
4s 1939-1953——M&N
354s 1943-1953
A&O

Yield Basis

To

or

Bonds

Net

WASHINGTON
6s Gen Fund 1939-1940—J&J b 1.00
43*% Gen oblig 1939-1943J&J b 1.00
4% Gen oblig———1948-50 b 2.30
3k % Ged oblig
1950-51 b 2.30

99

possible for the closing day of the month preceding the date of issue

4}*
24

4}*
227

5}*

P
6

26

5X
231

63*

27

29

29

30}*

1183* 121}*

5

3

100

410

460

450

460

380

10}*
2H

1st preferred, $517,879 $5 2d preferred, and $75,000 $5 junior preferred stock.

7

4

73*

19}*
513*
60
11

37
4

39

333*

7X
35}*

15

17

Banks & Trust Companies
STATE AND NATIONAL BANK STATEMENTS

Quotations in this department are given per share, not per cent, except for stocks of Canadian Institutions, and are
possible for the closing day of the month preceding date of issue, though often are nominal. An asterisk (*) denotes

as near as

sales.

Comptroller's last call; for all other insti¬
For

Figures of deposits, capital and profits for the National banks are from the
tutions they are the latest obtainable, direct returns
the Clearing House banks of New York, deposits are

National Banks

State Institutions

Surplus &
Profits

Capital

National Banks

Sept. 28

ALABAMA

Sept. 28

Sept. 28

Par

Bid

Ask

Birmingham—
125,000 i

105.000

50

1,050,000

Surplus &
Profits

Capital

25,722,067

\ 20
1,194,217

J25
\25

a 50

100

54,494,902

Bid

Par

Ask

1,000,000
225.000

34

16,323,560
3,039,295

N

100
50

o

cent

les

Los Angeles—
California Bank—

5,000,000 [3.327,376 103,960,310
900,000

Common

31

762,466
218,564

re
sa

(100

_

Gross

Deposits

Long Beach—
Western Tr & Sav Bk d

500,000 11,240,575
Preferred
al,767.600
81,700
Industrial Sav Bank, d 125,000 e
First National Bk—
Common
1,437,647
3,000,000
Preferred
6.550,000

Sept. 28

Nomi nal.
Per share„

Farm & Merch Bank

Sav

Common

State Institutions

CALIFORNIA

Oross

Deposits

Nomi nal.
Per share.

Bank for Sa vs. & Trts. d
Birm'ham Tr &

being procured by us where no periodic statements are required.
taken from the latest weekly statement.

Preferred

4,305,000 114,349.266
5,479,949 120,093,204

21

J25
(40

100

22

Citizens Nat Trust &

5,000,000
3,000,000

Savings Bank
Farmers &

Mobile—

Nat

Mer

20

22

21**
360

370

Secur-First Nat Bk—

Amer Nat Bk & Tr Co
First Nat Bank
Merchants Nat Bk__

25

375,000
1,000,000
1,000,000

161,960
1,395,176
1,568,997

2,411,098
22,857,679
19,012,662

20

56

58

300,000
1,000.000

253,260
809,930

3,905,126
16,669,988

10
10

12

12**
13**

100,000
50,000

93.464

Common

25

Preferred

Union Bank & Trust-

24,000,000 130362694 564,308,698
9,000,000
2,500,000 2,867,919 37.956,485

(25

41**

42

loo"

50

Oakland—

Montgomery-

Bank of Commerce._

Alabama Nat Bank,

First Nat Bank

12**

Central Bkof Oakland
Farmers & Mer Sav.

328,850
2,000,000
300,000

60,149
2,361,451
287,247

800,000
400,000
600,000
150,000
300,000

50

2,066.107
48,002,761
10,816,869

100

511,361

5.754,225

100

812,846

13.931,799

25

Union Bk & Tr Co—
Common,.,.,,,

Preferred--

2,025,237 /7**
15

Pasadena—
Citizens Coml Tr & S
First Tr & Sav Bk—
Common

Selma—
City National Bank,
People's Bk & Tr Co,
Selma National Bank
Selma Tr & Sav Bank

Preferred

233.070

400.000
120,000
200,000
350,000

94.838

2,500,405
1,518,887
1,481,682
1,467,052

100

100

95

25

Pasadena-First N Bk

131

25

j

25

52,490
260,160

2.013.272'

20

3,587,760

100

N

o

100

re

cent

145,000

29,602,124
1,847,389
5.576,878
1.324,208

100

177,858
153,788
81,580

100

sa

les

175,000

115,394

3,707,469

100

First Nat T & S Bk_. dl ,500,000
San Diego Tr & S B

611,901

25,451,312

250,000
490.000
600,000

942,414

12,858,829

Security Tr & Sav Bk

8,597,106
3,182,752

"95"

200,000

214,940
46,557

100

United States Nat Bk

210,042
132.850

100

100

5,626,324 204,226.417
8,264,794 112.026,517

20
80

185

Security Nat Bank.-

100
100

Sacramento—

961,250
50,000
246,000

Capital Nat Bank
Citizens Bk of Sacra-

Merchants Nat Bank
Sumitomo Bk of Cal-

1,686,550

100

San Bernardino—
American Nat Bank. d

100

San Diego—

National Banks

State Institutions

ARIZONA

Sept. 28

Common

Sept. 28

Preferred

10 Q
J

2

25

2H

95

105

125
135

Nomi nal.

San Francisco-

Per

Bisbee—

217,452

250,000

Miners & Merch Bk.

3,992,154

Anglo California
National Bank
15,400,000
Bank of Calif, N A._
6,800,000
Bank of Amer Nat Tr

100

550,000

896,093

14,821,333 t 20

Phoenix Sav Bk & Tr

247,500

164,668

4,224,165 t 25

600,000
1,215,200

Jl.339,004

33.752,634 15
16**

250.000

463,205

N

VaUey Nat Bank—

re

Common

Preferred-..--—

sa

1225

i

I

1

1

i

i

American Tr Co—

Tucson—
Sou Arizona Bk & Tr

8.386,825

Common

100

Preferred

7,500,000
7,500,000

-

[6,908,072 268,775,426

San Jose—
First National Bank-

National Banks
Sept. 28

ARKANSAS

State Institutions

Sept. 28

600,000

907,175

Santa Ana—
Commercial Nat Bk.

dl45,000

132,464

Fir8t

National

Nom inal.

Fort Smith—
City National BankFirst National BankMerchants Nat Bank

Per

share.

299,000
500,000
500,000

2,843.732
6,854,128
8,900,524

300,000
200,000

Little Bock—
Commercial Nat'l Bk
Peoples Nat'l Bank
Twin City Bank

86.990
517,567
588,795

490.056
114,822
41,418

9.313,454
3.582.725
1,306,541

20

49

28

32

J 455,664

9,901,334

120

35

38

340,401

16,571,687

No

100
25

re

cent

sa

les

100.000

Common

300,000

25

Preferred

185,500
669,000

d

W B Wort hen Co

Union Safe Dep Bk_.




200,000
1.000,000
375,000

50.000 I
50,000

94,636
945,869

125

1100

4.465.572
9,655,886
2.367,516

100
100

N

o

re

cent

100

sa

les

Sah price.

Outstanding preferred stock consists of $1,067,600 1st pref. of $20 par
$700,OOO of 2nd pref. stock.

d Common and

c

Savings deposits.

preferred stock outstanding.
/ June 30. 1937.

May 19. 1938.

100

'

Quotations for the San Diego First National Co., which controls 97%
of the stock of the First National Trust & Savings Bank of San Diego, Calif.

2.113,106 f 100
\ 100

10,688,187

1,601,431 12**
10,581,995 (100

538,490
1,004,802
134,711

g

400,000

275

value and retirable at $50 a share, and

e

—

260

50

Pine BluffCommon

} 152.434

6 June 30. 1938.

Nat B of Commerce

Simmons Nat Bank.

48

t Controlled by tue Transamerica Corp. of San Francisco, Calif.
a

120

100

32**

45

Stockton—
First National BankStockton S & L Bank

*

Union Nat Bank—

564,700
435,300

Preferred

52

25

100

10,507,732

^20

29

Bk—

Common

Preferred-,,.-

10J*
200

35**
50,000,000 61,654.434 1330290618
33**
1,500.000 /2,217,422 18,854.965
100
104,389
2,715,554
500,000
212
216
Bank of Montreal
100
257,438
4,588 721
1,000,000
174
171
Canadian Bk of Com
100
570,739 20.961,385
1,300,000
325
300
Crocker First Nat Bk
100
6,000.000 8,111,441 132,117.936
The San Fran Bank6,000,000 &8.772.713 158,165,238 1000 11,500 12,000
100
115
Pacific Nat Bank
7,843,614 100
367,003
1,000,000
Wells Fargo Bank &
286
<N CO O
Union Trust Co
100
9,000,000 8,636,337 235,936.001
Yokohama Specie Bk
3,630.310 P
333,254
1,000.000

& Savs Assoc
Bank of America
Bank of Canton

Phoenix—
First Nat Bk of Ariz.

10

i Dec. 31, 1937,

335

Jt Sept

I Last sale price.
p

Par value 100 yen.

n

30

1938.

New stock#

TEUST

AND

BAMS

Jan., 1939]

National Banks

CANADA (page

DELAWARE

Sept. 28

111,

Capital

Surplus &
Profits

Sept. 28

.

Cross

Deposits

Par

Ask

Bid

Per

share.

305,647
210,000
500.000 3,821,836
1,329,645
625,000
665,088
203,175
798,639
1,000,000
1;500,000 2,958,392
980,302
672,600
4,000.000 11,972.555

Central Nat Bank
Farmers' Bank
Industrial Trust Co.
Union Nat Bank
Delaware Trust Oo_.

Equitable Trust Oo.
Security Trust Co
Wilmington TV Co
_

Colorado Spgs Nat B
Common
Preferred class A__

Exchange Nat Bank.
First National Bank.

2,008,620
18,413,708
2,555,349
3,138,018
10,697,260
17,077,635
8,719,770
65,117.894

100

110

50

300

83,913
363,186
539,479
283,807
908,744
373,505
803,139
186,036
708,778
192,768
1,816,973

1,877 ,714
8,731 ,193
4,622 ,654
3,533 ,697
24,533 ,202
6,922 ,924
10,467 ,094
5,379 ,979
9,817 ,731
2,344 ,896
26,675 ,790

25

40

25

70

100

165

25

61

75

"65"

60

130

50

212

100

150

145
220

20

147,546

1,852,555

101,781

100.000
79.000
300.000
300,000

_.

Ask

Nomi nal.
Per share.

Wilmington-

Nomi nal.

$
60,000

Colorado Spgs.—
Colorado Sav Bank..

Bid

Par

Deposits

Institutions

State

COLORADO

Gross

Surplus &
Profits

Capital

NatZatl. 28nhs

101

COMPANIES

2,524,181 (100

1100
340,100
430,777

100

6,911,506
10,583,451

100
Nomi nal.
Per

Washington—

Denver—

Anacostia Bank

American Nat Bk—
Common
Preferred

Central Sav Bk A Tr
Colorado Nat Bank
Common
Preferred
Colorado State Bank

a

129,044

1,558,706

600,000
60.000

125,425
1,747.320
3,568,256
37,949

n

1,260,000
1,500,000

First National Bank.

100.000
100.000
550.000
500.000

a

.

a

U S National Bank..

International Tr Oo.

Pueblo—
First National Bank.

600,000
30.000

Mlnnequa Bank

a

145,000

City Bank

8,345,304 / 50
1 50
5,340,574 100

a

475.000

Columbia Nat BankBank of Oomm & Sav

250,000
100,000
1,000,000
500,000

Hamilton Nat Bank.

1.000,000

Denver Nat Bank
National City Bank.
Union National Bk

569,746

I

300.000
150,000
350.000

23,395

2,298,048
2,208,610

Liberty Nat Bank

37,979,249 (100
1100
1,653,822 100
50
32,234,459
53,602,651 100
1,172,935
822,788 "100
27,228,814 100
15,517,982 100

N

Lincoln Nat Bank
McLachlen Bkg Corp

o

re

cent

sa

les

1,449,474
134,851

18,251,155
2,005,260

Common
Preferred

63.100

4,750,000

100

218

100

265

20
100

AI*
172

100
50

30%
200

196

75
125

100
100

135

100

240

3,000,000 14,876,933 100,933,919 (100
\100
1,217,500
60
8,222,335
408,679
565,000
100
7,941,355
318,913
a
588,000
3,400,000 5,046,898 49,824,185 100

268

(100

100

Income debentures

Munsey Trust Co
Union Trust Co
Wash Loan A Tr Co.

1100

55

National Banks

265*

197

205

(100

5.651.057

100
50

80

100

225

10,184,466
22,441,474

mmmm

88

240*

Institutions

Slate

FLORIDA

Sept. 28

135
250

16,696,201

1,000,000 12,090,430
500,000
1,231,150
2.000,000
1,000,000 rl,754,055
1,000.000 2,450,529

280

101

a

Nat Sav A Tr Co—
Common

100

100,000
200.000

share.

17H

Riggs National Bank

Pueblo Sav & Tr Co
Common........
Preferred

345,000

a

Nat Bank of Wash. cl,000,000
Nat Capital Bank
200,000
Nat Metropol Bank.
800,000

Second Nat Bank
Secur Sav A Com Bk
Amer Secur A Tr Co.
n

400.000

10

Sept. 28
Nomi nal

National^Banks CONNECTICUT State Institutions

share

Per

Jacksonville-

257,484

I

114,000

1,395.674

5
21,270,214 I
17M
40
1,500,000
25
26,851,467
25

113,182

8H
"40" brl*
50
30

32

80

90

100

165,000
99,500

232.296

300,000

209,540

1,313.900

East Hartford Tr Co

150,000
1,150,000
100,000
4.000.000
100,000
1,600,000
100,000

Hartford-Conn Tr Co

4,000.000

Preferred

1,606,065 (25
U00

25

40

| 30

24

First National Bank.

Glastonbury Bk & Tr
Hartford Nat Bk & T
Industrial Bank
Paoenix 8t Bk & Tr.

Park Street Tr Co
Riverside Trust Co.

957,060
141.593

4.603.580
201,999
1,992,766
139,386
4,321,106
201,811
174,397
138,294

100,000
250,000
125,000

.

Simsbury Bk A Tr Co
So End Bk&Tr CoCommon....

50,000
50.000
500.000

Preferred

Travelers Bk & Tr Co
West Hartford Tr Co
Windsor Trust Co

I

61,811

798,579
282,392
129,921

200,000
100,000

3,072,235
7,800,775
13,777,928
1,636,783
65,920,983

30

450
110
55

10

60

100

275

25

30

25

26"""

24

25

1,815,229
42,554.546
3.127.788
3,100,207
1,940.979

59

25

855,726 f 25
[100

176,943

1,336,199

25

200,000 i

2,113,927
27,797,588
16,024
7,811,743
1,815,269

100

125

100

125

100
25

100

400,000
100,000

83,760
660,715
77,801
308,146
103,815

100

100

110

300,000

615,082

10,831,537

100

125

135

132,000 I

213,680

40

100,000

230,258

4,335,378 f 20
I 20
4.703,440 100

35

68.000

200,000

874,487

6,546,233

100

400,000
200.000

473,689
158,583

5,324.113
3,286,807

100

185

200

Oit A People's Nat Bk

100

no

125

St. AugustineExchange Bk St Aug
St Augustine Nat Bk h

50,000
200.000

31,565
45,963

1,070.033
1,793,737

100

200.000

279,916

5,931.937

25

100,000
1,250,000

37,178
522,256
925,363

828,109
13,196,940
14,668,550
1,579,342

100
100

Lakeland—
a

Miami—
Amer Bk A Tr Co
First National Bank.

1.200.000

First Trust Co.
Florida Nat Bk A Tr 0
Little River Bk A Tr
Beach

65

""II"

14

43

20

6100

y!65"

100

170

National Bank

a

Palm Beach
First National Bank.

Meriden Nat Bank..
Meriden Tr & 8 D Co
Puritan Bk & Tr Co-

386,495
65,037
108,283
52,681

25

35

25

20

21

25

15

17

100

5,927,907
1,481,898
5.798
1,304,301

150

175

25

10

Amer Bank A Tr Oo.

a

172,106

100

90

a

32

Un & N Haven Tr Co

441,000
920,000

•1,038,717

28,672,558

800,000
750,000

928,839
993.435

8,353.885
13,939,375

170,000
180,000
,458,700

300,000

45
1100

*126"

I

72,761
1,230,298

\

50

48

50

70

345,904
300,000
270,000

Union Bk A Tr Co..

Wlnthrop Trust Co..

2,982,483 (100
uoo
14,996,207 100

93

98

490,557

4,816,163

100

1

1

1

e

100
100

106,626

208,962
53,039

2,412.552
1,738.288
873.073

660.00C
200.000

430,723
162,899

2,741,077
1,759,146

Institutions

State

GEORGIA

Sept. 28
Nomi nal.
Per

200.000

Common

105,942
3.212.466
4,783,327

n

1,000.000 11,169,613
475.000
o

990.000

Trust Co of Georgia. e2,000.000

n

664,506

2,807,856

609,269
83,968,611
99,831.443

50

re

tio

13

14

10

29

30

29,430,389 [100
1100
100
3.384,367
100
27,948,681

240

255

sa

les

*

25
100

19

110

Sale price.

1,313.300
686,291
1,190,288

11,954,076
5,713,109
9,051,714

100

100

"145"

690

outstanding.

b Retirement price.

120

d Member of the Atlantic Group in

Florida.

600,000

729,213

12,867.064

100

Affiliate of the First National Bank of Atlanta, Ga.

Member of the Florida National Group.

120

155

h Affiliated with the Barnett National Bank of Jacksonville,

155"

i March 7, 1938.

100

k New

Water bury—

stock.

I Last sale,
n

June 30, 1938.

20

0

Due to banks,

32

r

Combined statement,

Water bury Nat Bk—




m m mm

|

Includes preferred stock or debentures

q

145

1,000,000
200,000
700.000

250.000 1
230,718
264,000
1,000,000 2,778,829
300.000
181,392

*

t Branch of Savannah.

e

Citls A Mfre' Nat Bk

m

cent

100
100

4,779.814 f 25
\ 32
8,236,616 100
3,111,559 100

210
60

f Trust funds.

70

share

100

o

Stamford—

Water bury Trust Co

1

-----

Atlanta—
American Sav Bank.

a

Thames Bk A Tr
Uncas-Merch Nat Bk

Colonial Trust Co...

1,041.123
5,081.909

Oitia A So Nat Bank. r5.000.000
First Nat Bank
5,400.000
Fulton Nat Bank-

Norwich—

Preierrtxi

59,210
272.873

125
53
75

N

New London City
National Bank

Common...

•

100

200,000

Sept. 28

Ga Sav Bk A Tr Co..

Nat Bk of Commerce

Stamford Trust Co..

1

100

100.000
d

Preferred

Fidelity TitleATr Co

•

1 1 1 1 1 9 IH 10 lO

1

~~

National Banks

New London—

First-Stamford Nat'l
Bank A Trust Oo.

100

W est Palm Beach At¬

36
M5

2,601,828

756.000

preferred

Common

150,669

100

f 50

235,000

Oonv preferred

Preferred

-mmmm

1

Common
Prior

44

1

West Palm Beach
Fla Bank A Trust Co.

First Nat Bk A Tr Co

New Haven Bk NBA
Second Nat Bank
Trademen's Nat Bk

n

First National Bank- ul ,300.000
First Sav A Tr Co...
500,000

lantic Nat Bank

New Haven—

130
mmmm

St. Petersburg—
Florida Nat Bank

Tampa—
Broadway Nat Bank

Meriden—

500,000
150.000
100,000
160.000

0

First

Exchange Nat Bank.

Home National Bank

100,000

American Nat Bank.

63

100

10,593,422
3,240,524
1,475,151

100,000

10

21

Pensacola—

25
25

18

CnbiO 0 0 0 0 boo 0 0 0 0

OrlandoFirst Nat Bank—

100
50

304,726
35,520.943

25

Miami

Hartford—

Capitol Nat Bk & Tr
Conn River Bkg Co.

185

v

West Side Bank—
Common

9

100

Florida Nat Bank

7

100

1,479,846

10

Common

500,000
Preferred
1,470.000
Black Bock Bk A Tr_ a
100,000
Bridgep't City Tr Co 2,200.000
North End Bk A Tr
25,000
Common
1st preferred
125,000
25,000
2nd preferred
Common....

40,536,806
22,562,599
25,700,522

Preferred
Florida Bank

Nomi nal.
Per share.

BridgeportFirst Nat Bk A Tr Co

1,122,518
1,335,020
1,192,337

Atlantic Nat Bank..
Barnett N B of Jack.
Florida Nat Bank

v

Oct. 31. 1938.

x

Ex-dividend.

y

Stock all owned by Travelers Insurance Co.

Fla.

—

m

710

BANKS

National Banks
'

1

GEORGIA

Sept. 28

Surplus &
Profits

Capital

AND

TRUST

COMPANIES

Stale Institutions

National Banks

Sept. 28

Sept. 28

ILLINOIS

Gross
Par

Deposits

Bid

Ask

Surplus &
Profits

Capital

State Institutions

Sept. 28

Gross
Par

Deposits

Bid

Nomi Ml.

Augusta—
Georgia BR Bk & Tr

548,073
3,212,466
151,844

$
8,796,220
83,968,611
2,892,667

814,011
116,135
147,985
45,778
341,960

5,7921691
1,486,213
1,919,462
1,217,774
2.825,284

$

750.000

Citiz A So Nat Bank. r5.000,000

Nat Exchange Bank.

e

400.000

Per

100

13

100

89

100

share.
158

153

tio

100

14

Ask

Nomi nal.

Elgin-

$
86,638

100

N

100
100

rec

140,911

$
1,481,591
7,335,466
2,022,191

20

Elgin Nat'l Bank...

100,000

First Nat'l Bank
Union Nat'l Bank...

300,000
100,000

712,639

eon.ooo

Per

share.

sa

o

ent

les

Columbus—
Columbus Bk & Tr..
First Nat Bk of Ool
Fourth Nat Bank

850.000
200,000
300.000

Rome

75.000
200.000

Savings Bank.

Merch & Mech Bank

100

120

100

30

100

110
80

72

100

200

125
35
220

Peoria—
Cent Nat Bk A Tr Co
Com Mer Nat BkATr

2,000,000

First National Bank.

660,000

789,994
1,065,334
1,427,901

9,890,382
23,964,150
14,295,918

200,000
90,000
150,000

141,724

2,402,491

f 50

50

55

115,255

1.459,513

166

63

65

673,272

100

40

50

3.680.944 /66*.

40

50

Jefferson Tr ASav Bk
Common

Capital notes
South Side TrA Sav B

Macon—
Citiz & So Nat Bank. r5.000.000

City Bank A Tr Co..
First Nat Bk & Tr Co

4

3.212,466
93,500
236,097

110,000
500.000

83,968,611
1.267,000
6.858,423

13

no

70

75

if*

50

20

50

19*4

14
100

100
10

Quincy—
B'dway Bk of Quincy
111 State Bk of Quincy

Savannah—
Citiz A So Nat Bank.

f5.000.000 3,212,466
Liberty Nat Bk & Tr
500.000
173,519
Savannah Bk A Tr_. i 665.000
254,002
Citizens Bk & Tr Co
Common
200,000 I
100,007

Debentures...

83,968,611
4,309,140
3,997,348

10

13

14

100

80

85

100

50

60

1,516,490

100

134,000

100.000

<

179,607
48,000
41,349
103,329

5,471,456
834,000
624,059
1,405,992

100
100
100
100

411,011
217,319
293,897

9,143,191
4,678,552
8,302,632

100

500,000
300,000
500,000

State St Bk A Tr Co.

81,364

200,000
246,000
500,000

Debentures
Mercantile Tr A 8 Bk
Peoples Bk of Quincy
S'thSideBk of Quincy

18,360

200,000
196,000
200,000
100,000
50,000
296.000

Common

606,852
284,730
393,599

9,973,709
4,934,045
11,401,920

125" 135""
40
40

50

Rookford—
Illinois Natl Bk A Tr
Co

Swedish-Am Nat Bk.
Third Nat'l Bank...
National Banks

Sept. 28
Nomi nal.

Boise City—

Per

Ida 1st NatBk ofBoise

share.

common

600,000 L 783.166
Preferred....
588,000
First Security Bank. <1,035,000 1,821,885
Boise Trust Co
125,000
48,250

Springfield—
First National Bank.
Illinois Nat Bank

Springfield MarineBk

'

22,029,091

100

N

o

re

100

sa

160,000
300,000

178,379
217,874
79,535

384,200

3,223,985
4,612,612
3,033,786

Nomi nal.
Per share,

100
100

N

o

re

cent

100

sa

les

INDIANA

100,000

35,168
252,727
274,031
172,179

300.000
350,000
150.000

State Institutions

Sept. 28

1,521,247
3,297,831
6.453,954
2,416,546

100
100
100
100

100
30
250
125

Nomi nal.
Per shar

Evaniville—
Citizens' Nat Bank..
Citizens Tr A Sav Bk
Franklin Bk A Tr Co

Indiana Tr A Sav Bk.
Lamasco

Bank

...

Common..
Preferred

275
150

817,635

500,000 7
100.000 7
145,700 f
147,000 7
100,000
500.000
199,000 1

National City Bank.
North Side Bank.
Old National Bank—

Belleville—
Belleville Nat Bank.
Belleville Savs Bank.
First National Bank.
€t. Clair Nat Bank—

125

Sept. 28
1

Merchants Nat Bank
Old Second Nat Bank <

110

State Institutions

AuroraAurora Nat Bank

175

100
120

100

Sept. 28

ILLINOIS

165

50

lee

National Banks

Sept. 28

100
100

cent

25,038,593
76,750

....

National Banks

40
40

State Institutions

IDAHO

Sept. 28

<

500,000

186,534

32,484
19,881
62,692
675,291
28,431

100

160
100
100

100

100
100

225
175

118

100
150

110

100

100

100

110

13,510,759 1100

125

Uoo

100

150
101

500.000

( 353,916

Mutual

1,684,000

1,200,000

583,189

19,531,618

489,336

15,396,831

Peoples Savings Bk..

200

100

14,407,577
1,198,195
1,377,684
1,252,881
889,784
11,916,410
1,703,688

160

7,988,000

Chicago—
Aetna

State

Bank..

Am Nat Bk A Tr CoAustin State Bank..

<

400,000
<1,600.000

105,216
3,210,456
1,117,154 52,038,489
187,799
4,516,268
89,975
2,131,822
173,902
6,617,422
2,831,743 122,425,420

200,000
100,000
300.000

Beverly State Sav Bk
Central Nat Bank...
City Nat Bk A Tr Co

4.000.000

100

20

30

100
40

210

220

27

32

100

80
13

90

10

100

117

123

Oont IllNB&TrCo
Common
50,000,000 129073334 1139197,294 I33i.

Preferred.
25,000,000
Cont Nat Bk A T Co
1,500,000
Cosmopolit'n Nat Bk <
250.000
District Nat Bank—
Common

102,000 1
98,000
445,000

........

Preferred

69,177

Drexel State Bank.
<
189,531
Drovers Nat Bank..
1.000,000
967,623
First National Bank 30.000,000
35,420,888
First Nat Englewood
200,000
.

Halsted Exch N at Bk
Hamilton State Bk__
1-0 National Bank..

200,000
200,000
i

200,000
250,000

Kaspar Am State Bk
Lawndale Nat Bank

Common.........
Preferred

Liberty Nat'l Bank

275,000
325,000
300.000
1,000.000

.

live Stock Nat Bank
Madison-Crawford
Natl Bank
Main State Bank

200,000
200,000

MerchandiseNat'lBk

.

Merchants Nat Bk_.

Metrop State Bank

_

_

Mid-City Nat Bank
Milwaukee A v N't Bk

I

Mutual Nat Bk of Oh
Nat'l Builders Bank
Nat'l Boulevard Bk

I

National Security Bk
North Shore Nat Bk

i

500,000
200,000
200,000
400,000
200,000
400.000
500.000
500,000
200,000
200,000
500.000

Oak Park Tr ASav Bk
Personal Ln A Sav Bk 2.000,000
Pioneer Tr A Sav Bk <
750,000
Sears-Oom State Bk.
200,000
Bkala Nat'i Bank
200.000
South East Nat Bank
200.000
South Shore Nat Bk.

770,474
214,728
45,293
76,304
207,346

968,992
2,524,336

125

135

2,698,343 / 20
1 30
40
6,920,664
26.014,727 100
926,660,506 100
100
5,321,193
5,747,364 100
100
2,086,042
11
2,622,135
20
2,511,507

18

22

145
222
170
130

10

14

11,900,952

378,382
1,510,591

11,420,085
24,095,050

138,756
256.747
1,071,754
180,301
72,397
97,595
117,763
329,472
302,308
682,134
281,042
78,549
367,763
2,178,033
830,175
264,797
89,548
149,616

4,359,910
5,855,942
18,851,714
5,421,732
3.090,518
9,876,397
5,432,447
9,671,937
5.707,579
16,040,611
7,342,347
3,952,788
8,165,421
7,120,735
17,059,102
8,790,140
2,875,108
6,696,666

C200.000

Clearing.

120,000

200,000
298.000
300,000
300,000
100.000
200,000
400.000

85,220
279,506
318,381
315,817
331.748
31,192

State Bk of

i

Upper Ave Nat'l Bk.
Uptown State Bank.
West 31st State Bk..
Western StiAe Bank.

Amalg Tr A Sav Bk.
Banco di Napoli Tr.
Chic

<

City Bk A Tr..

Drovers Tr A Sav Bk
Bast Side Tr ASav Bk
Harris Tr A Sav Bk

<

300,000
800,000
547.000
200,000

158,348
346,438
486,710
1,032,373
456,470

78,979
6,000,000 10,641,240
Lake Shore Tr A S Bk <
790,000
338,819
Lakeview Tr A S Bk.
500.000
1,446,567
Mercantile Tr A Sav.
600,000
477,474
Northern Trust Co..
3,000,000 10,111,075

Pullman Tr A Sav Bk




300.000

583,422

28

32
155
227
180

25

135
35

12

14

5

9

18

10

100,000

Terminal Nat Bank.
Unlv St Bk of Chic..

o33'.

00

190

20

50

55

100
100
100

150
110
200

155
135
210

100

90

95

100

80

100

80

100
90

20

20

25

100
50

120

130

45

55
185

100
100
15

50
100

175
125
35
73

100

135
160

25

27

135
40

78
145
170
32

100
100

125"

135"

re

cent

sa

les

13,467

1,121,656

20

1,228,625

12,014,908

20

400,000
375,000

891,387
39,956

11,782,429
1,924,571

100

75

100

100

1,000,000
775,000
100.000

,1,552,835

31,954,215

10

14

[

GaryGary State Bank

<

Gary Tr A Sav Bk__

<

100
125

Indianapolis—
American |Nat Bank
Common
Class A preferred.

Fountain Sq State Bk
Indiana Nat Bank..
Live Stock Exch Bk
Madison Ave St Bk

4,000.000
<

200,000

50,000
Marion Co State Bk. <
65.000
Merchants' Nat Bk.
1.250,000
People's State Bank- < 300,000
Bankers-Trust Co
500,000
<
Fidelity Trust Co
283,000

f

[

108,000
2,095,000
7,865,846 108,016,941
202,743
1,029,374
g
22,843
812,425
0
3,746
517,096
2,264,926 29,751,523
Q
44,860
2,149,710
g
415,774
3,184,152
g
187,061
4,189,203

15
alO

10
100
100

300

345"

100

135

155

219

235

100

100

100
100
100

""55"

100

100

Fletcher Trust Co—

Common

Debentures
Indiana Trust Co

Security Trust Co
Union Trust Co

1,500,000 11,206,622
830,000
1,000,000 (71,110,914
<
399,200 g 212,692
1,000,000 (72,359,802

South Bend—
City Nat Bk A Tr Co
First Bank A Tr Co.
Merchants Nat Bank
St

500,000
796,000 g
250,000
900.000 g

Joseph L A Tr Co

142,511
270,525
159,645
17,944

36,415,210

{100

154

144

106 "175"
100

60

73

21,964,935

100

300

325

4,104,649
9,116,345
4,057,812
3,289,886

10
100
100

100
N

Terre Haute—
Merchants Nat Bk
Common

Preferred
Terre
Haute

116,528

5,087,382 flOO

1100

First

Nat Bank—

Preferred

2,535,756

100

5,680,407
5,973,010
5,973,453
7,724,013
706,684
3,125,362
7,335,290
4,701,849
22,434,977
10,935.363
818,312
223,736,702
10,940,613
26.458.001
16,379,790
326,895,993
8.310,924

20

23

100
100

60

500,000
300,000

1^1,009,513

16,704,492

20

10

65

185

...

195

100
100

*

100

100
a

50

88

140

150

100

20

1001

290

50

50

55

100

240
130
505
165

250

Preferred stock retirement price.

c

In process of organization.

93

100

100
100

100

Sale price,

t Branch of Savannah.

100

§55"
135
520

175

d New stock.
e

Affiliate of the First National Bank of Atlanta. Ga.

f March 7,1938.
g

June 30, 1938.

< Common and preferred stock or capital debentures
n

Reserves.

r

Combined statement.

x

Ex-stock dividend.

o

re cent
sa

250.000
250.000

Common........

186"

15,717,806
3,653,845

26

100

o

20
20

,

200,000
50,000
300,000

Debentures
People's Tr A Sav Co

100
100

| 347,177

Preferred
:
Dime Trust A Sav Bk
Common
...

80*4

20
N

400.000
400,000

•

78*4

I33i»
471,077
58,378

16

Fort Wayne—
Lincoln Nat Bk A Tr
Ft Wayne Nat Bank
Common

outstanding,

les

Jan., 1939]

AND

BANKS

National Banks

National Banks

Sept. 28

Surplus &
Profits

Capital

Sept. 28

Ask

Bid

Par

Burlington—

Cedar Rapida—
Guar Bk & Tr Co

125,000
200,000

58,792

100
100

2,323,470
2,991,448

54,162

200,000
500,000
250,000
50,000

108,295
1,828,302
171,360
38,830

150.000
150.000

Merchants Nat Bank

Common

156,968
187,003

Council Bluffs—
Olty National Bank.

N

100

re

cent

2,434,634
3,966.723

les

100

1,000,000
1.100,000

81,724

100
100

C100

600.000

1,645,580

Common....

100

26.964.821

j 787.560

Nat Bk of Commerce

Bid

Ask

Nomi nal.
Per share.

Des Moines—
Bankers Tr. Co—

(10

9.66&Q76

20

18**

(l0

9.708.515 (100
1 80

112

125

33,087,858 (100

85

90

23

24

Uoo
48,784,199

(20

\20

1,500,000 1
972,102 50,590,040
1.200,000
208,000
181,747
2,581,878
2.800,000 6,822,338 119,191,681

Preferred
Louisiana SB & T Co
Whitney Nat Bank..

Davenport—
Davenport Bk A Tr.

Jl,327,327

1.500,000
1.200,000

New Orleans—
Amer Bk A Trust Co
Common
Preferred
Hibernia Natl Bk
Common
Preferred
.....

1,485,115 (100
1,781,763

J 490,348

Preferred

100

63.014

64,000 I
36,000
100.000

Preferred
State Sayings Bank.

Common
Preferred

300,000
240,000

o

...

Oaun Bluffs Say Bk.
First National Bank.
Common

Par

$

.

J 411,569

Preferred
Common

100
20

sa

United State Bank..

Deposits

$

8

300,000
240,000

...

Louisiana Nat Bank

25

2,771,588
28,970,932
4,418,605
987,633

Institutions
Sept. 28

City National Bank

_

People's Say Bank..

State

Gross

Surplus &
Profits

Capital

Baton Rouge-

103

LOUISIANA

Cross

Deposits

Nomi nal.
Per share.

Farmeri & Merch 8 B d
Nat Bk of Burlington

COMPANIES

State Institutions

IOWA

Sept. 28

TEUST

(20

23

24**

20

25

30

25

71**

120

Sbreveport—
400,000 \
600,000
150.000

766,355

19,159,300

(25

113,862

2,790,600

100

550.000 1
450.000

...

Gap Olty State Bank

905,220

42

36

c25

)25

105"

120

115

First National Bank.
Commercial Nat Bk.
Oont'l-Am B A Tr Co

1.000,000
1,000,000
700.000

1,154,265
795,439
328,924

28,361.726
19,125,414
9,267,462

100

140

100

125

135

100

100

104

145

130

Cent Nat Bk A Tr Co

Common........
Preferred

Des MoinesBk&TrCo d
lewa-Des Moines Nat

20,879,117 (100

Uoo
50

"755"

150.000

48,351

1.705.250

1,550,000
1,450.000

1,067.019

39,649,330

50.000
150,000

23,961
255,978

309,723
4.466.971

100

"95"

100

112

800.000
250.000

515,898
138.135

9,424,545
4,328,837

100

400,000

267,000
272,335
373,668
228,963
86,666

6.150,000
10
5,371,192 MOO
100
6,270,020
100
5,377,951
100
2,364,706

National Banks

clOO
65

8tate

MAINE

Sept. 28

Institutions

Sept. 28

Bank A Trust Co:

Common...
Preferred

h

University State Bk.
Valley Sav Bank

100

1100

150

130

116'
126

Dubuque—
First National Bank.
Amer Tr A Sav Bank
Bloux City—
First National Bank
Live Stock Nat Bank

I

1

300,000
300,000
250,000
100.000

National Banks

100

les

150,000
150.000
250,000

Preferred

/ 20

sa

600,000
200,000
400,000
400,000

Nat Bk of Commerce
Portland Nat Bank—

share.

1,506,762

100

N

30

32

100
0

J 608,518

les

1 20

100

re
sa

les

468,080
193,819
231,802
338,582

8.924,694
3,776,807
5,395,547
7.567,175

100

492,561

11,228,290

40
50

100

105

21**

40
20

29

32

35

38

50

j

25

65

72
c40

24

cent

100

491,750
450,000
83,250

Preferred A.....
Preferred B

0

o

2,291,892
4,352,615

293.607

N

12.607,146

25

Portland—

Sept. 17

75,187
139,745

0

100

600,000
750.000

Canal National Bank
Casco Bk A Tr Co...
First National Bank.

Per

First National Bank.

8,459,785
7,639,036

100

re cent

Common........

Common

exchange Nat Bank.

324,981
964,699

Merrill Trust Co-

cent

Nomi nal.

Hutohinson—
American Nat Bank,

7,403,220
9,232.731

.000,000
200.000

Depositors' Trust Co

429,061
479,162

Bangor—

State Institutions

KANSAS

Sept. 28

825.000
701,500

Merchants' Nat Bk.
Eastern Tr A Bkg Co
o

Toy Nat Bank
Security Nat Bank..
Woodbury Co Sav Bk

Nomi nal.
Per share

Augusta—
First Nat Granite Bk

National Banks

State

MARYLAND

Sept. 28

Institutions

Sept. 28

Kansas City—
Oemm'l N Bk of K C
Common

Preferred

300,000 I

193,604

442.000

—

Exchange State Bank

200.000

First State Bank

157,889
70,485

75,000

10,958,993 f 10
I 10
2,691,804 100
1,163,401

Security Nat Bank..
Common

109,000
91,000
100.000

Preferred

Blverview State Bk.

463.494

Canton Nat Bank...
Carrollton Bk of Bait
OommonwTth Bank.
First National Bank.

Leavenworth—
First National Bank.
Leavenworth Nat Bk
Manufac'rs State Bk

150.000

154,444
253,000

150.00C
50.000

100

26,082

o

100

cent

100

2,168.283
2,587,280
865,270

les

Nat Cent Bk of Bait.
Nat Marine Bank
Western Nat Bank..
Colonial Trust Co

Topeka—
Central Nat Bank
Central Trust Co
Citizens State Bank. d

500,000
400,000
77.500
200.000

Fidelity Sav State Bk
Guaranty State Bank
Common.
Preferred

415,361
301,716
7,575
75,583
52,353

0

70,000 1
130,000

10,292,375 uoo
802,001
559,784
100
2,185.036

Equitable Trust Co.

1,154,631 (100

190

Fidelity Trust Co...
Maryland Trust Co

*100

Common

110

200,000
500.000

State Savings Bank.

100.000

61,150
176,965
533,546
27,129

Topeka State Bank.. d

100.000

44.016

50,000

746,243
6,875,199
8,515,471
1.617,987
1,572,521

125

150

175

75

4

6

600,000 11,108,828 35,122,083
800,000
d
370,000
389,746
9,402,838
d
300,000
145,388
3,760,409
80,000
242,151
1,474,923
300,000
214,902
1,048,730
4.000,000 6,617,362 157,298,667
400,000
506,977
6,204,748
600,000
777,034
5,294,031
750.000
563,807 11,694,896
400,000
137.138
1,891,041
2,000,000 1,300,464 35,796,480
1.000.000
1,044,115 19.056,173

uo

20

23

1.000,000 11,649,120
1,650,000
1,500,000 4,273,215
600,000
259,836
2,000,000 4,232,846
3,000.000 1.584,509

...

1,000.000
1.000.000
100,000
200.000

Kansas State Bank..
Beuthwest Nat Bank
Union National Bank
Common

Preferred

Union Stock Yds Nat d

108,000 1
92,000
100.000

1,363,704
1,021,020
28,435
220,336
.

d

125

100
100

Capital notes
Second Nat Bank

100

Common

Capital notes..

\62i,

c62**

50

1,046,521

KENTUCKY

Sept. 28

State

Institutions
Sept. 28

Covington—

Per

share.

200.000

....

Preferred

Peop-Lib Bk A Tr Co d
OovingtonTr&BkgOo d

Citizens' Nat Bank..
Farm A Mech N Bk.

Preferred
Fr'k Town Sav Inst.
West Maryland Tr..

Nomi nal.
CItlsens' Nat Bank.

486,197

4,725,373

200,000 1
25,000
550,000
150.000 0

327,185

5,099,021

314,844
85,862

6.529,252
1.495.831

50
10

6

300.000

277,317

2.581.832

100

105

Preferred

First Nat Bk&TrOo
Second Nat Bank

Union Bank & Tr Co

Security Trust Co

d

200,000 1
100,725
350,000
1.000,000 1,171,535
150,000 0
308,935
150,000 0
226,580
500.000
504,394

12,239,515
2,759,491
2,710,488
3,994,409

I

120

10

17

20

Hagerstown Trust Co

10

Citizens' Union N B.

1.000.000 3,058,528
2,000,000 ol.701.910
1.000.000 2,576,315
Liberty Natl Bk A Tr dl,800.000 0
325,999
100,000 0
People's Bank
66,958
Security Bank
300,000
220,605
KentuckyTitle Tr Co 01.000.000 01 ,038,071
Lincoln Bank A Tr__
750,000
835.064
Stock Yards Bank
100.000 0
133,145
Louisville Trust Co. dl ,980,000
1,173,189
United States Tr Co.
525,000 0
105,663

Fidelity A Oolum Tr.

First National Bank.

Sept. 28

10

1.447,493
I

4

4**

10
50
100
100

100

"97"" "99""
300
160
300

180""
305

53,242,849 1001 /255
7,391,892 1001
33,838,649 106
90
21,388,410
1,077,071
2,676.915 100 120
3,837,652 100 101
11,839,327 100 130
1.361,448 100 190
10
6
14,162,379
1.305,351 100

57**

75

30

39

20

28**

25

15

31
25

14**

16

100
25

{-??

mm

66**
12

50
100

1 1 11 1

219

60
510

100

10

398,000

175,134

100,000 1
99,500
500,000

100

94,031

1.481,294

•

1

1

1

1

mmmm

530

7H

8**

110

120

130

155

17

18

65

70

(25

216,955

5,983,934

50

150,000
298,500

| 211,108

3.360,841

U*

100,000

987,675
500,712

4,995,695
5,092,125

100
25

108,257

1,644,238

135

150,000
100,000

407,030
41,001

4,081,923
1,703,721

(15
115
100
10

90.000
397,000
200,000
150,000

91,814
305,081
221,800
76,785

1,662,762

10

6,050,739
4,116,124
1,821,811

100

125.000

75,000 1
51,300




131,243
477,737

18*

1,684,341
5,527,545

10

100..
100

MASSACHUSETTS s'a%Xi<m°
Nomi nal.

Boston—
First National Bank. 27.812,500
52,121,144
Merchants' Nat Bk.
3,000,000 5,658,266

Per

631,928,716 12**
89,841,724 100

Nat Rock Bk of Bos
1,500,000
2,870,978 29,165.784
20
Nat Shawmut Bank- 10,000,000 020830148
187,033,468 12**
Second Nat Bank
2,000,000 4,791,322 79,874,999
25
Web A Atlas N Bk..
1,000.000
466,193 12,898,216
50

♦

Sale price.

a

New stock,

c

Retirement price.

92

3**

d Common and preferred stock or
capital notes outstanding.

/ Citizens' Union Fidelity unified certificates.
7

40

q

Affiliated with the First National Bank

h Member of Northwest Bancorporation.
k Units.

100,000
100.000

10

260

NewportNewport Nat Bank..

100

m

6

56**

"34"" "45""

Louisville—

American Nat Bank.

mmm

Hagerstown—
Farmers & Merc Bk.
Nicodemus Nat Bk.. d
Second Nat Bank

110

f

110

National Banks
.

mm

1**
4

8

100

Lexington—
Citizens Bk A Tr Co.
Common.....

10

50

Frederick—

Frederick Co Nat Bk
Common

National Banks

""65""

Liberty Trust Co—

100

3,947,405 («»»

26,704

24,176,802
1,656,318
21,617,031
37,284,124

50

Peoples Bank—

26,300,119
22,287,318
1,060,353
2,329,712

151,554

34,575,457

120
100
10 *
10

Cumberland—

Common

First National Bank.
Feurth Nat Bank

share

10

Union Trust Co

75

377,138

5,122,210

Real Estate Tr Co..
Safe Dep A Trust Co

100
125

Wicbi tar-

Bank of Commerce.

500.000

Capital notes.....
Mercantile Tr Co

150

Kaw Valley State Bk
Merchants' Nat Bk.
Nat Bank of Topeka

Common.

Per

Preferred
Calvert Bank..

4.425,500 (100
uoo
100
4,167,459

J 274,600

Nominal

Baltimore—
Bait Oomm'l Bank..
Baltimore Nat Bank
Common

I Last Sale.

1250

0

June 30, 1938.

of Louisville.

36**
340
57

18**

share.

37
350
60

19**

124

128

37

40

BANKS

104:

I

AND

TRUST

National Banks

""TpHis"*'MASSACHUSETTS sla"slTTn'
Capital

COMPANIES

Cross

Surplus &
Profits

State Institutions

MICHIGAN

Sept. 28

Sept. 28

Surplus &
Par

Deposits

Ask

Bid

Cross

Profits

Deposits

Capital

Bid

Par

Nomi nal.

Per
100 r280
100
100
100
50 f400

Boston—
2.000.000 n4,300,720
100.000 n 356,213
1,250.000 nl,624,878
Day Trust Co
Fiduciary TrustGo__ * 500.000 n 881,680
New Eng Trust Oo__
1,000.000 n3,535,525
5,620,356
Old Colony Trust Co <5.000.000
400,000 h 413,857
Pilgrim Trust Co
State Street Tr Oo._ 3.890.000 n6,090,226

36,487,441
2,378,501
11,935,568
2,213,203
31,838,101

Boston S Dep & Tr_.

Columbia Trust Co__

c

None

<10
100
100

7,426.454
83,075,045

share.

Michigan Ind Bank

Convertible pref-_

Winthrop Trust Oo__

12,446,283 f

1
2,692,898

10

is0*

10

12

302,892
95.828

300,000
100.000

4,096,368
1,594,625

15

100

100
100

d

160

Common..

7,500,000
10,000,000

Common

Common

309,660
229,120

Common

702,746

300,000
300,000
500.000

Home Nat Bank

8,603,419

399,057

7,043,101

20
50
50

53

100

cl34,364034 f 20

j12939821

share.

54

280
56

20

4,124,365 118,438,039
27,024
159,568

500,000 11,686.640
850,000
1,200,000
366,646
500,000
349,509

Preferred

Preferred
Detroit Trust Co—

Preferred

11,830,868

260

•

50

382,811,649

i

i

i

lr-t lO lO

100

i COI ©« i i

10

40**

41**

40

43

42

46

24

26

23

25

i

f

1

i

i

i

|

1

I

25

.

20,779,142 r 10
L

10

6,724,258
408,941

a

Equitable Trust Co—

160

Brookton—
Brockton Nat Bank
Common

Per
50

United Savings Bank

Wabeck State Bank.
Bankers Trust Co___

Beverly—
Beverly Nat Bank..
Beverly Trust Co...

$

1,316,620 c55.l94.352

Nat Bank of Detroit-

255

Preferred

700,000 lnl297005
450.000
140,918
100.000 n

Common

1,500,000
3,610,000
3,000,000
100,000

Preferred
Mfrs National Bank.

"165""
250

Detroit—
<Oommonwealth Bank *3,700,000
Detroit Bank
Common

U S Trust Co-

Ask

Nom inal.

425
10

j 447,845

1,756.795 f 20
] 20

0

1.423,260 12,013,478 (712,613,982 f 20
1,069,277
1 20
105,538 g
150,000
307,350
100
500,000
672,375 g 5,117,840
100

Preferred

Highland Park Trust
Un Guardian Tr Co.

Cambridge—
698,415 c 6,717,862
150.000
534,045
300.000
4,509,547
1.000.000 nl.453,211 c21,366,459

Cambridge Trust Co
County Bk & Tr Oo.
Harvard Trust Co.

10
20

440
12

66**

68

Flint—
Olt Com & Sava Bk. *1,000,000
Genessee Co Save Bk t>l,000.000

250.000
400,000

Everett—

600,000

10,151,189

278.561
560,413
272,894

5,968.152
7,927,922
3,679,213

100
100
100

882,113

6,925,195

100

Grand

Durfee Trust Co
Fall River Trust.

94,899

20

18,946,352
8,040,287
2,918,255
6,184,220

20

1,354,119

20

10

12

8,960,856

20

14*4

16

20

18

20

21
18

s

20

20

231*

10

500.000

Fall Biver—
Fall River Nat Bank

878,373

400,000
427,500
300.000

Middlesex Co Nat Bk

722,766
356,946
91,806
406,087

250,000

Merch & Mech Bank
Nat Bank of Flint

c

91

Rapids—

Central Bank
Nat Bk of Grand Rap

205
80

Common

500,000
195,000

Preferred

Fitohburg—

|. 466,724

20

/20

Peoples Nat Bank—

Safety Fund Nat Bk.
Gloucester—
Cape Ann Nat Bank

Common

247,480

150.000
120.000
290,000

2,989,433
1,840,1701

100
10

3,830,328'

167,352
252,431

20

rec
sa

ent

les

Common
Preferred

Grand Rapids Tr Co. *
Union Bank of Mich.

Haverhill—

Michigan Trust Co..

Haverhill Nat Bank.
Merrimack Nat Bank

200.000
300.000

961,827
183,887

6,208,647
2,309,575

100
10

| 491,599

1,000,000
1,500,000

Preferred
Old Kent Bank—

N

Gloue Nat Bk of Glou
Glouces S D & Tr Oe

400,000
175,000

|1,945,867

7,969.248

16

14

10
10

no

42,879,844

10
10

26
10

919,853
348,148
2,617,052
685,761 g 1,794,578

400,000
250,000

20
50

8

12

20

20

17
16

24

138,389

l,200,00u

g

28

15

18

10

Saginaw—
Holyoke—

*
Saginaw State Bank
Second Nat Bank &

Holyoke Nat Bank—
Common

275,000
380.000

215,465

7,686,901

50

100,000
Preferred
250,000
Hadley Falls Tr Co.. *1.400,000

180,881

2,614,627

100

347,499 cl0.009.919

600.000

416,874

6,295,496

25

300.000

427,817

3,764,614

100

368,000

170,151

5,647,005

20

1,250,000

2,116,289

27,323,730

100

25

20

LawrenceBay BtateMer Nat Bk

Preferred

60

Tr Co.

50

7

Park National Bank

Common.

100

75

1250

77

....

National Banks

25

State

MINNESOTA

Sept. 28

Institutions

Sept. 28

Lowell—

AppletonNat. Bank.
Union Old Lowell
National Bank

1.000.000

601,237

125

25

11,195.602

135

203*

24

Lynn—
200.000
190,000
200.000

...

Preferred
Manufac'rs Nat Bk.

143,904

3,221,157

50
50

300,115

3,447,542

100

62.583

2,511,242

60

100

200.000
250,000
250.000
100.000

_

482.000
748,655
913,851

400,000

New Bedford—
First National Bank.
Merchants Nat Bk..

718,000
500.000
425,000

231,981
545,196
465,932

200,000

Safe Deposit Nat Bk

/50

50
c
c

3,837,000
3,642.252
9.396,716

100
100
20

385
46

10

100

48

65

87,430

12
37

8**

Peabody—
Warren Nat Bank

..

1.873.896

300.000

104,936

3,182,860

60

867,609

6,928,469

10

15

Naumkeag Tr Co—
Common

250.000

Preferred..

n

200,000

...

16

17

10

Springfield Mat Bank *2.000.000
666,424
Third Nat B StT Co..
1,500.000 2.882.656
Springfield 8 1) & Tr_
1,000.000 nl ,351.579
Union Trust Co
1.000.000 2.231,696
West Springfield Tr
194,250 n
198.219

14.658.660
29.328.094
13.477.212
14,959,788
2,184,937

10
100

N

o

cent

251,602
430,948
47,207
14,905

5,828,958
10,461,838
1,025,476

100

sa

les

116,744
32,250
31,786

2,290,311
1,869,120
1,635,114
138,600,618
867,095
5,545,107
15,127,821
1,914,535

345,478
1,112,869

45,224

400,000
1,000,000
100,000

100,000 h

Blooming'n-Lake NB
100,000
Central Nat Bank
150,000
Fifth No'west'n N B_
100,000
First NatBk&Tr Co 66.000.000
Hennepin State Bank 6
100.000
Marquette Nat Bank * 376.000
Midland NatBk A Tr *1,000,000
Minnehaha Nat Bk_ 6
N'western Nat B & T

100,000

100
50

100
100

6623

7.627,808
27,709
250,536
475,727
38,556

5100

i—
iioo
5

20

100
100

1100
5100

5,000,000 14,275,926 119,836,627 /100 1

Preferred
1,500.000
Produce State Bank. 6
100,000
2d N'west'n State.. i
50,000
100,000
125.000

33,329
15,035
136,877
136,283

85,600

46,404

200,000
125,000

136,691
71,367

St. Paul—
American Nat Bank
*1.688,000
Commercial State Bk *
150.000

7H

7X

il00.

6 36,861
394,199

Third N'west'n N Bk i
4th Northwest Nat'l. *

University State Bk

First National Bank.
Union Nat Bank

73*
290

300
60
59

25
25

30

*

1.684,170
1,078,963 i...
1,592,712 1100
2,813,055 1100
1,236,492

200,000
300.000

264.546
256,108

2,009.264
4,268,371

100
25

25

Worcester—
Mechanics Nat Bank
Common

500,000
400,000
300.000

Preferred

Guaranty Bit & T Co

j 974,284
n

323,124

15,069,182 1100
1100
10
4,728.190

130

135

*

15

c

Tr Co

Common
Class A

1,000,000
2,000 000

|nl587645

c36,271,087

1,779,594

IK)

110

173*

83*

100

100
25,796,990
100
4,595.787
100
1.818,929
59,973
7,615,609 120,034,385 plOO
123,215
2,256,6891 100
EmpireNatBkATrCo ik 465,000 h 234,399
7,256,799 100
Stock Yards Nat Bk
*
300.000
169,302
5,019,179 1100
Midway Nat BankCommon
100,000 1
280,930
4,680,327 1100
Preferred
157,600
U00
First Trust Co..
pi,000,000
451,483
plOO

"17"

Sale price,

t No

par.

a

Dec. 31. 1937.

sa

z

les

10

10**

5 First National Group.

Includes savings deposits.

d Convertible preferred stock entitled in
e

No re cent

4,824,228 plOO

Drov ExchState Bank ok 200,000
First National Bank. pa. ooo, ooo
First State Bank
p
100.000

—

Machinists' Nat Bk_
Rristol County Tr

If orcester Co

100

600,000

Rochester—

Springfield—

Taunton

100

200,000
2,000,000

Common.

Salem—
Merchants Nat Bank *

Northern Nat Bank.
Pioneer Nat Bank
Western Nat Bank., k

846,315
6,259,369
1,955,569
28,833,013

Minneapolis—

167

50
7.130,219
20
9,542.648
5,790,526 123*

.69,213

re

City National Bank.
Duluth Nat'l Bk
*

of Duluth

National City Bank

Common
Preferred
Essex Trust Co..
Lynn S Dep 4c Tr Co
Security Trust Co

100,000

First & Amer Nat Bk
Minnesota Nat Bank

Central Nat Bank—

Common..

Nomi nal.
Per share.

Duluth—
Bank of Comm & Sav

March

liquidation to $20 a share.

7,1938.

/ Retirement price.
g

Trust balances.

h June 30,1938.

i Member of Northwest
Bancorporation.
* Common and preferred or
capital debentures outstanding.

{ Last sale.
n

National Banks

Sept. 28

MICHIGAN

Sept. 28

Oct. 31, 1938.

o

State Institutions

American National Bank of St. Paul affiliate,

Bay City—
Bay City Bank
Natl UK of Bay City.
People's Commercial
& Savings Bank




p

300,000
,400.000

327,612

2.458,064
6,152,040

100
100

*1,000.000

720,779

9,643,887

20

45.904

N

o

re

cent

sa les

Member of the First Bank Stock Corp.

r

Nomi nal.
Per share

Stock has to be offered to board ot directors.

8

New stock.

<

Affiliate of First National Bank of Boston.

Capital stock of the Genesee County Savings Bank of Flint, Micb,
increased on Dec. 19,1938, from $700,000 to $1,000,000a'
v

x
z

Ex-dividend.
First Bank Stock Corp.

JAN., 1939]

BANES

National Banks

MISSISSIPPI

Sept. 28

Ncti

Institutions

State

v<

/

Bid

Par

Ask

Capital
Nominal.

Jaokson

Per

State Institutions

MONTANA

Sept. 28

Sept. 28

Deposits

105

COMPANIES

Cross

Surplus &
Profits

Capital

TRUST

AND

Gross

Surplus &
Profits

Nomi nal.

$

Per

Billings—

Capital National BkOommon

300,000
100,000
50,000
740,000
297,000

Oommerc'l BkATrCo
Depos Gu Bk A TrOo
Jackson-State N Bk.

525,148

8,207,242

12,428
414,222
394,944

846,919
12,291,213
8,048,697

261,700
350,000
239,500

Preferred

120,395
225,363
98,780

600,000
300,000

182,163
289,117

/ 30
140
10
100

60

50

"15"
160
150

100

140
125

3,101,082
2,905,257
4,055,627

100

80

85

50

68

First National Bank.
Mer A Farmers Bank

50

51

54

5,056,468
5.075,725

National Banks

Sept. 28

MISSOURI

200,000
150,000
100,000

229,144
186,756
196,298

Butte—
First National Bank.
Miners Nat Bk
Metals Bk A Tr Go.

300,000
100,000
600,000

998,942
42,390
644,056

600.000

279,175

9,153,684 (7100

100,000
350,000

165,063

5,471,824 /100

e

Preferred

Institutions

State

12,339,750
1,119,570
11,905,736

o

100

re

cent

100

sa

les

<7—

Helena—

150

125

N

First Nat Bk A Tr Co k
Union Bk A Tr CoCommon

100

share.

4,032,910 Ql00
2,736,337 100
2,775,545 100
/

8

Vicksburg—
First Nat A Tr Co... k
Mercb NatBkATr Co

Midland Nat Bank..
Montana Nat Bank.
Sec Tr A Savs Bank.

70

MeridianCitizens Nat Bank

Ask

Bid

Par

Deposits

$

$

share.

Sept. 28

National Banks

Sept. 28

<100

State Institutions

NEBRASKA

Sept. 28

Sept. 28

Nom inal

Kansas City—
Baltimore Bank

Per

100,000
600,000
500.000
6,000,000
100,000
2.000,000
500,000
100,000
200.000

City Nat Bk A Tr Co
Columbia Nat Bank.
Commerce Trust Co

Community State Bk
First National Bank.

Inter-State Nat Bank
Linwood State Bank
Merchants Bank....
Merc Home Bk A Tr
Common

200,000
196,000

Capital notes..
Missouri Bk A Tr Co
Common
Preferred

L

100

200

8,356,516

100

340,042

50.000

Plaza Bank of Oomm
Produce Exch Bank

200,000
100,000

25,981
74,461
129.482

550,000
100.000

Preferred
Stock Yards Nat Bk.
Union Nat Bank—
Common

120,819

50,000
60,000
400.000

...

100

100
100

66%

28,291

45,819

1,341,429 J100
1100
1,525,800 100
3,231,060 100
2,338,380 100

135"
225

125

120

lio"

90

6?0*0

65

65
75

680,690 /100

60

55

636,915
757,106

19,981,934
10,233,307

100

100

125
200

1,500,000
450,000

Omaha—
First Nat Bank
Live Stock Nat Bank
Omaha Nat Bank—
Preferred
Packers' Nat Bank:
Common
±

9,200,070 /100

974,721
422,012

25,155,531
12,816,423

20
100

30
160

Jl,402,517

42,357,552

/100

165

<100

117,000 1
83,000

81,669

al00
150
250

32

<100
2,317,773 flOO

<100

South Omaha Sav Bk
50,000
55,904
Stock Yards Nat Bk
e
Common.......
250,000 I
113,226
Preferred
400.000
U S Nat Bank
sl.100,000
1,174,943

929,121

25

6,746,962

(100

<100
24,652,296

100

1100

"266"

6,880,435

100

665.483

26,306,060

192,341
122,934
15,489

1,876,006
1,549,842

loo

140

100

808,082

100

195
75

225"

/10

University Bank

216,485

850,000
300,000

e

75

8,004,893
1,155,892

269,234

West port Ave BankUnion Av Bk of Com

250,000 \
290.000

1,500.000
750,000

Common

Preferred
First National Bank.
Nat Bk of Commerce

Preferred

125"

100,000
100,000
100.000

^Preferred

72 X
160
90
490

170

1,000,000
1.125,000

...

325"

Common

Park National Bank.

Common

155

100

53,831

;

100
100

Nomi nal.
Per shate.

Lincoln—

107
275

70
460
295
100

86,000
114,000

Traders'
Gate City
Nat'l Bank....
Southeast State Bk
South Side Bank—

100
100

65,448
1,912 ,135
1,738,111 22,458 ,176
142,677
6,127 ,914
4,842,692 161,029 ,320
65,641
1,257 ,444
4,752,011 120,655 ,125
1,283,318 21,542 ,867
63,893
1,488 ,353
3,359 ,379
187,743

share.

11X

115

National Banks

NEVADA

June 30

loo""
Nomi nal.

Reno—
First Nat Bk of Nev. d

Ot. JosephAmerican Nat Bank.

200.000
200,000
500,000
100,000
250.000
200.000
200.000
136.000

Burnes Nat Bank
First National Bank.
First Trust Co

FirstStJosSt'u YdsBk
Tootle-Lacy Nat Bk.
Umpire Trust Co
Missouri Vail Tr Co.

224,731
271,395
420,974
136,066
72,405
264,081
116,043
93,443

7,291,329
3,619,910
6,398,447
2,955,754
3,155,516
7,162,302
2,516,164
1,097,261

107.500
92,500
275,000
Boatmen's Nat Bk.. 2.000,000
Bremen Bk A Tr Co.
400,000
Cass Bk & Tr Co.
k
400,000
First Nat Bank
10,200,000
Industrial BkATrCo
600.000

N

100

o

100

re

cent

«...

sa

les

NafnalmnU N£W HAMPSHIRE

100
100
Nomi nal.

100

Per

Manchester—

2,179,639

120

200,000
200,000
200,000

:

100

15
45

971359

20

100
100

30
90
100

17
20

33

3,358,460 1100

Jefferson Bk & T Co-

31
100
104
34

60

600,000

400.000

200,0007

....

644.000/

156,428

6,746,729

Lemay Ferry Bank—
Common

50,000
50,000

& T Co

Manchester Bank
Mutual Bk & Tr Go.Plaza Bank (The)
Sec Nat Bk SavsATr
Southern Commerc'l

33,070

600,000
600,000
450,000
200,000

Preferred...
Manufacturers Bank

611,735
241,926
264,383
141,499
689,102

350,000
k

South Side Nat Bk—
Telegraphers Nat Bk
Tower Gr Bk A TrOo
United Bk A Tr Co..

421,000
400,000
500,000

1,000,000
1,000,000

Chippewa Trust Oo. k
■a* ton-Taylor Tr Co k
Lindell Trust Co

'—"20"

1,045,814 J100
1100

_

250,000 1
75,000
200,000

....

5,984,306
9,272,564
3,721,309
12,699,205

100

80

Southern Missouri Tr




c

20

20

100

160

"23"
170

100

sa

les

100

300
7135
105

100

100

100

97,936

1,502,005

N o

3,186,873 [100

26,646

100

re

cent

100

sa

les

NEW JERSEY

Sept. 28

s,a"sl^ions

50

20
100

115

20

28

32

74^

7m

14,649 ,'949
8,801,240

100

3,289,070
3,119,509
5,632,695

20
100
20

70
33

100

126

100
25

3,366,481
4,681,033
4,032,815

5,579,352
95,801,837
2,546,667
4,203,096
7,083,885
2,595,011

20

100

175

2,465,701
10,740,140
2,203,178

100

96,814

1,610,476
5,023,982

Share•
150

100

245,418

748,185

120,000
343,783
500,000

1,147V746

a30

10

5

6

Equitable Trust Co—
Common

100
10

Asbury Park—
127
4
26

60
85

Guarantee Trust Co.

Preferred

"23"

100

6,961,873

400,000

225,000 lc 123,839
1.184,518

Preferred.

6

100

Per

Common

19

3H
25)4

Nomi nal.

Atlantic CityBoardwalk Nat Bank
Bankers Trust Co—

100

63,143
193,335
214,707
979,702
327,316

11,808
339,278
95,286

cent

88

Grove Bank

Seacoast Trust Co

Bayonne—
k
Broadway Nat Bk
Bayonne Trust Co..
_.

166"

Bridgeton—
Bridgeton Nat Bank. k

580.500

205,889

6,231,502

100

55

65

300,000
100,000

AsburyPkNatBkATr k
Asbury Park A Ocean

Cumberland Nat Bk. k
Farm A Mer Nat Bk. k

290,000
594,000
100.000

re

90

50

National Banks

19

SpringfieldCitizens' Bank
*
Union Nat Bank.... *

al00

15

319,362
2,918,060
32,352
332,373
333,282
210,739

Merc Com BAT Co- 10,000,000
Mercantile—Com¬
merce Nat'l Bank.
350,000
Miss Val Trust Co..
.000,000
Mound City Tr Co
244,559
North St Louis Tr Co
300,000
Northwest'n Tr Co.
735,000
Webster Groves Tr..
100,000

6,029,370
5,963,788
6,302,012

N o

100

25

20

6,150,366 163,575,998

340.000
250,000
400.000

418,162
532,309
534,169

share.

100

Portsmouth—

Preferred
New Hamp Nat Bk.

10,752,200

28,075
109,592
264,061

:

c

5,364,702
3,308,166
3,388,923

First National Bank-

Common

90

938,846
532,383
269,066

200,000

k
Nashua Trust Co
SecondNat of Nashua k

-

Common..
Capital notes.
Jeff-Uravois Bank

& Savs Bank

Nashua—
Indian Head Nat Bk k

6

120
30,077
2,690,853
2,093,108 50,031,217
323,314
5,401,545
223,117
5,559,123
8,252,891 238,957,255
502,474 10,890,907

l

....

share

100

100

St* Louie—

Preferred
Baden Bank.......

27,352,264

100

Amoskeag Nat Bank
Manchester Nat Bk
Merchants Nat Bank

Amer Exch Nat Bank
Common

Per

943,879

600,000

167,509
107,072

2,314,774
1,170,259

10

8

10

200,000
400,000

37,015
343,402

1,670,473
9,930,684

100

75

244,100
575,000
249,500

90,558
232,650
105,893

2,273,635

100

4,954,902
1,546,429

100

33
75

20

12

5

m

4

50

42

<

85
14

100
100

100

•

Sale price,

a

Retirement price.

c

June 30, 1938.

d Owned by the Transamerica Corp., San Francisco, Calif.
e

Member of Northwest Bancorporatlon.

f Includes reserves.
g

Member First Bank Stock Corp.

h Reserves.
k Preferred stock and common stock

I Last sale.
s

Member ot the Guardian

f Preferred stock retired.

or

capital debentures outstanding.

,

Detroit

Union

Group Inc.,

Detroit, Mich,

106

AND

BANKS

National Banks

Sept. 28

NEW JERSEY
Surplus &
Profits

Capital

COMPANIES

TRUST

State Institutions

National Banks

Sept. 28

Sept. 28

Gross

Par

Deposits

Bid

Capital

Ask

State

NEW JERSEY

Institutions

Sept. 28

Gross

Surplus &
Profits

Par

Deposits

$
910,326

Oamden—
FlrstCamNatB&TOo d2,177,891
Merchantville
Nat'l

89,619

Bank <k

Trust Oo. d 224,375
Camden Trust Co... d2.734,750

East OrangeAmpere Bank A TrCo

1,383.074

0124,800

200.000

Bar Inv & Trust Co:
Common

331,313

95,600
769,165

...

Preferred

Per

23 ,267.1828

1,173,341
33,076.873

share.

3X

12X

4X

2

10

4

X

3

IX

0144,189
175,794
024,261
Central Home Tr Co d
500.000
Elizabeth Trust Co.. dl,017,086
0124,308
Union County Tr Co dl,114.345 ol.435.749

$
„

$

$

739,006
2,255.610

200,000
54,786
200,000
67,501
1,500.000 01,198,719
Trenton Trust Co— dl ,874.000 0
350,303

Prospect Natl Bank.
Security Nat Bank..
Trenton Banking Co

Per

11,978,190
34,663,902
1,032,321
1,265,527
23,503,996
20,725,301

share.

100
10

40

100

15

4
18

100

20

25

50

65

70

50

1

2

50

3

Woodbury—

17,932,152 /
1
I—

6,982,356
15,153,077
3,527,317
4,014,474
11,866,482

Trenton-

Broad St Nat Bank. dl,000.000
^Irst-Mech Nat Bk. d3,156.000

45

2,796,116 33 X

H
IX

Vh
IX

Elizabeth—

Ellzabethport BkgOo d 400,000
National S tate Bank dl,310,000

Ask

Bid

Nomi nal.

Nomi nal.

Farm

&

Mechanics'

100,000
200,000

National Bank

First Nat Bk & Tr Co
Woodbury Trust Co.

100.000

537,243
469,241
398,855

0

3,029,872

10

3,055,146
1,592,955

50

""70"" "75""

10

2

20

12

25

15

5

50
10

.....

.....

—...

2X

3X

1

Hoboken—
Columbia Trust Co.. d
Seaboard Trust Oo__

021,319
0359.774

100,000
500,000

1,464,979
2,155,167

National

20
10

Banks

State

NEW YORK

Sept. 2§

Institutions

Sept. 28

Jersey CityFirst National Bank.
2,225.000 1.609,995
Franklin Nat Bank.. d
400,000 n
35,064
Hudson Go Nat Bk—
Common
359,094
1,250,000 1

Preferred

1,500,000

Bergen Trust Co

100,000
Commercial Tr N J
3,400,000
N J Title Guar & Tr. d2.999,996
North Bergen Tr Co.
100,000
.

_

Trust Co of N J—
Common

1,140.000
Preferred A
2,500,000
West Bergen Tr Co.. d
400.000
.....

84,191
3,484,969
804,284
o
27.950
o

|o2180 928

Albany—

5
5
r30
5

—

25

mm*

400,000
695,000

—mm

5

r

o

62,038

o

34,109

2.559.975

60

100

279,127
323,722
17,157
823,003

7,472,103
6.890.740
1.671,436
8,716.921

25

BInghamton—
City National Bank-

150

3

First National Bank-

230.000

500,000
595,488
200.000
600.000

Mt. Holly—
Union Nat Bk&TrOo
Farmers' Trust Co

200.000
100.000 o

440,764
134,637

Bank of Commerce of
Newark

64,495
384,693
19,264

150,000
600,000
884.000

Banking Co
National State Bank

3.000.000

150,000

Fidelity Un Tr Co... d7,250.000
Merch & Newark Tr.
2.500,000
Union National Bk__ d
336.300

United States Tr Co.
West Side Trust Co.

600,000
1.075.000

9,206,763
10,029,435
7,872,032

100

Brooklyn—Stole B ank& Tru
National

50

50

100

100

100

25

16

8

3

3

6

100
100
25

1,426,245
9.249,808
6,926,263
1,214,485

56

60

500
21

525

m

25

m

m

4

10"

7X
25X
17X

10

240.000

!

SX
27
19

"16"" "18""

25
25

225,000

!

925,000
550.000

8,200,000
500.000

438,108
447,690

10,449,481
6.172,766

Common

1,665,591

Preferred
Hamilton Nat

100,000
42,750

re

cent

les

33,672

o

26,889

4,450,642

100

47

54

100

100
50
100

70 X
75H
1580
100 1525

9 X
7

142.055

c

100,000
500,000

Comw'lth Tr Un City d
598,500
Gutt'b'g Bk & Tr Co
100,000
Weehawken Tr Co..
400,000
Huds Tr Co Un City. al.000,000
Woodcliff Trust Co
d
145.000

[

800.000

First Nat Bk & Tr Co

1.237,500

Bank of JamestownCommon

1,906,936
785,354

10,786,636
14,249,842

20

23 H
5

65

153,029
634,437

4,550.086
9,284,989

100

470,260

12,372,263

25

40

50

0

25

60

r50

5

250,000

Debentures "A"__
Debentures "B"._

245,000

6

r20

5

25

75,000
7,571,988
4,226,398
4,926,191

100

446.730

693,777
2,066,812
1,323,972
4,177,701
6,463,802

735,084
171,992
463,879

200.000

250.000

500,000

rlOO300
15

100

128,644
93,581
482,819
537,998

200.000

400.000

20

1.277,273

1,183,389
5,562,357
5,699,000
3,424,626
8,167,064
24,932.394
1.437.842

1,908,922

29,703,618
5,009,934

d

Plainfield Nat Bank-

252,140
175,000

Mi d-Olty Trust Co.. d
100,000
Plainfield Trust Co.. dl,150,000
State Trust Co
d
247,500

331,901

5,334
123,703
64,586
596,939
57,966

20

2

4

2ft

4

6

7

"9"

8

11

30

Kingston Trust Co..

4

10

19

25

25

o

New York City- Deposits N

12

N

25

o

100

re cent

100

sa

les

100

Preferred
Nat Un Bk of America

680.000 I
600,000
102,000
300.000 0

Chase Nat Bank
Comm'l Nat Bk & Tr
Fifth Ave Bank

First National BankGrace Nat Bk of N. Y

Paterson—
Common

imalg Bank of N Y.
Bank of New York-.
Bk of the Manhat Co
Bank of Yorktown..

2

Merchants Bk of N. Y
Nat Bronx Bank

467,971
54,317
51,612

13,010,890 flOO
1 60
1,133,518 190
20
2,208,576
12,809,217 I

50
20

65

60

ew

10

o

re cent

100

sa

les

100
100

York Ci ty banks are repo rted net

are
of Dec. 31, 1938.
Sur plus and p
for National and Sept. 28,
1938 for
of banks and trust companies in New Yo
found in our "Rai Iway" Secti on, pages 1

22

9

First National Bk—

Haledon Nat Bank.. d

150,000
150,000
550.000

175

25

4,209,908
1,386,951
1,102.847
16,288,290
3,804,967

N

Rondout Nat Bank.
State of N Y Nat Bk

20

350

<50

Kingston—
First NBkofRondout
Ulster County
Bank of Kingston.

6

100

Passaic—
Passaic N Bk&Tr Co d2,250,000
People's Bk & Tr Co.
1.000.000

9

21:
4;

Elmira—

Chemung Can Tr Co

Union

50;

I

1.325,988

628,580
117,298
159,000
107,710
353,930
818,291
27,107

11

60

<32 t

Nat'l

of Weehawken.

Plalnfield—
First National Bk

75

50

100
33b

10

The First Nat Bank.
Nat Ohautauq Co Bk
Trust Co

100

Bank

Liberty National Bk
Guttenberg
Merchants TrUnCity

1938

Jamestown—

r§6"

10

J

30,

"BIZ

5

10

600.000

10

160,622

50 t

52,408,760

2,200,000 13,892,360
2,500,000

Debentures.

650,000

0

25

471.273

Nat Bk of W N Y—
Common

*225

100

Llncoln-E Side N Bk d
200.000
146,488
2.206,449
Mfrs & Trad Tr Co.
5,000.000 12,094,905 86,993,195
Marine Trust Co
<8,000,000 7,654,177 150.183.464

Ithaca—
First National Bank.

N

100

[o 111,789

North & West Hu dson—
IstNat Bk of Un City d
308,893

100

Liberty Bk of Buffalo

Tompkins Co Tr Co.

sa

867,500
300,000
1

Preferred

Sept.
28,1938.

153,500
2.956,300
94,575
3,127,315
57,600
3.056,400
332,300
3,684,100
205,800
8,265,800
5.839,700
332,100
6,578.012 115,203.761
6,324,985 40.872,910

500.000
!

14

11

i

New Brunsw TrCo—
Common

48

50

New Brunswick

Peoples Nat Bk

st Co. retur ns date

banks Sept.

200.000

I

1"

Nat'l Bank of N J... d

252

46

100
50

450""

245

100

Buffalo—
m

8

19
10

I

Kingsboro Nat Bank
Lafayette Nat BankPeople's Nat Bank..
Brooklyn Trust Co..
Kings Co Trust Co..

150

50

2,916,547
1,613,008

Bensonhurst Nat Bk
Citizens Bk of Bklyn
Flatbush Nat Bank.

125

15

1,345.491 41,850,851
1,876,883 21.648,494
585,621
2,958,228
106,091
1.851,231
1,193,062 32,617,446
8,151,636 150,943,283
2,022,949 16,602,881
122,828
3,031,445
575,738
3,876,463
396,373 11,378,742

500,000
Clinton Trust Co
d
526.980
Columbus Trust Co.
304,000
Federal Trust Co
1.622.500

846,614
432,758
577,447

10

Newark—

Lincoln Nat Bank
Franklin Wash Tr Co
Mt Prospect Nat Bk.
Nat Newark & Essex

100

600,000
<500.000

Marine Midl'd Tr Co

Morristown—
First National Bank.
National Iron BankAmerican Trust Co..
Morristown Trust Co

6,494,734
6,082,902

650
425

IX

Long Branch—
Long Branch Bkg Co

453,792
158,377

400.000

Nat Bank of Auburn
Auburn Trust Co.—

X

t'i

100

Auburn-

IX

15

50,780,491
3.068,737

3,161,280
50,870,432
60,876,815
26,436,781

«•

27

V*

•%

Per share.

1,404,236
5,609,890
3,942,206
441,589

250,000
Nat Com Bk & Tr Co
1,500,000
State Bank of Albany d2,870 000
First Trust Co
d2,960,000

Mech & Farmers Bk.

4X

31,425,238 / 25
1 30
995,078 100
63,543,240
25
23.099,850
990,580

Nominal,

52

49

40.614,375
100
3,474,665 37*4

rofits are of
State banks,

date
a

Sept.

di vidend

and

28/38
record
ay
be

City and Br 00 klyn m
202.
201,
97.198,199. 200,

rk

650.000
33.100 k 5,745,600
6.000.000 13,552,080 169,584,000
20,000,000 26,077,131 508.776,000
1.000.000
767,300 k 6,095,600
100,270,1
131271586 2182620000
7,000,000 8,229,473 85,431,000
500,000 3,636,800 49,651,000
10.000,000 108657700 509,699.000
1.500,000 2,047,600 7c27,798,200
400,000
232,700 k 4,711,900
d
785,000
278,100 k 9,022,500

100
369

379

6623

38

42

13.55

31X

33

100

17

10

100
100

148

154

680

720

100 1635

1675

100

100
50

""97" I63"
43

48

50

100"
12

Paterson Nat Bank—
Common

600,000 lolOll 655
375,000
1,500,000
757,017

Preferred

Second Nat Bank
Paterson Sav Inst...

1.000.000 02,122,232

1

50

"35"

40

25

16,665,385
29,778,361

70

75

50

160

*

Sale

a

Only outstanding stock of People's Bank & Trust Co. of Passaic, N. J.

Prospect Pk Nat Bk
Common
Preferred..

100,000 1
50,000

439.814

Common

600,000 lo 139,907

Preferred

594,000

Common
Preferred




575.001

i

1

Citizens Trust Co—

Hamilton Trust Co.. d
U S Trust Co-

5,229,478

259,230

600,000 to 260,783
750.000

price,

f Marine

50

b

8,629,687 J 25
\121t
10
3.282,475
13,018,965 /100

20

Includes

c

Corp.

Preference stock.

11

10

1

Midland

is $1 par pref. stock of the Realty & Security Co.

rl2X
c

3

35

security

stock.

d Common and "preferred stock or capital debentures
e

outstanding.

Represents capital, surplus and undivided profits.

50

/ Includes preferred
g

Includes

stock

retirement

fund.

reserves.

h Affiliated with the Trust Co. of New Jersey, Jersey City,
<

Controlled by

Marine Midland

Corp.

k Sept. 28,1938.

I
n

Last sale,
Dec. 31, 1937.

0

June 30, 1938.

r

Preferred

u

Reserves.

stock

retirement

price.

JAN., 1939]

BANKS

National Bank$

NEW YORK

Sept. 28

TEUST

AND

COMPANIES

State Institutioni

National Banks

Sept. 28

Sept. 28

Capital

Westchester Co.

co.

returns

date Sept.

Bankers Trust Co... 25.000,000
Bronx County Tr Co
542,500
Cent Han Bk&Tr Co 21,000,000
Chemical Bk & Tr Co 20.000,000

City Bank Farmers'
Trust

Co

10.000,000
e
750,000
1,000,000
4.000,000
15,000,000
500,000
3.500,000
500,000
825,000
2,000,000
1,000,000
90,000,000
1,000,000
50,000,000
1,000,000
2.000.000

Clinton Trust Co
Colonial Trust Co
Continental Bk&Tr.
Corn Ex Bk & Tr Co

Corporation Trust Co
Empire Trust Co
Equitable Trust Co.
Federatic n Bk& Tr Co
Fulton Trust Co

Fiduciary
ust Co..
Guaranty Tr, st Co.
_

Hellenic Bk & Tr Co.
Irving Trust Co
Schroder Trust Co..

Lawyers Tr Co

17.615,185
402,600
447,528
4.279,204

18,965,318
376,300
3,460,900
617,933

1,085,200
2,758,381
1.375,200
181984416
430,039

61,411,081
1,583,142
1,865,298

Mfrs Trust Co:

U 8 Trust Co of N Y

Port

5

343.400

share.

1,665,387 j 50
1 50
4,437,575 1

50

1

10

8

2,474,087 12 X

512,007

e

300.000

«

550,000

0

176,250

61,506

2

6

a

33,589
129,574

15

5

10

10

3

5,906,582
2,996,317

46

6X

85

88

42^

^X

Rye—
Rye National Bank..
Rye Trust Co

8

550.000

3,179,558
1.724,536

8

3

195,0Q0

14,608
81,395

11

16

200,000

95,488

1,777,233

100

25

40

792,000

151,273

7,274,277

100

17

22

25

22

27

0

0

Tarrytown N B&TrCo

20
50
25
10
20
100
10
25
10
100
100
100
100
10
100

25
20

\2l
25

55

65

8L

10*

im

White Plains—
Citizens Bank

53 H

'W

15"

0

Peoples N B & T Co:
Common

200,000 1
173,562
150,000
580,000
1,650,300

Preferred

County Trust Co

5,259,175 1

25

—

—

—

14,093,600

20

—

28

«® —

35

Yonkers—
210

190

234" 239""
"16 H

iix

"28"

Central Nat Bank...
First

5,330,916

25

21

26

903,150

7,110,875

10

25

30

400,000
400,000

j

68,883

8,306,904 1

20

1

1

20

6

2

•

\;

9V
1

90X

7H

Common

Preferred

53 &

6X

535,354

300.000

41

51X
4 %
87 X

350,000

Bank

Yonkers
Yonkers Nat Bank &
Trust Co—

32"

39

National

in

National Banks

NORTH CAROLINA

Sept. 28

Sept. 28

25

200

Nomi nal.'

Asheville—

5,692,650
9,809,700
85,793,302

e

24,380

Per

Chester—1st N_

Bk&Tr Co
Mutual Trust Co.

f

20

Per

First Nat Bk & Tr__

loo

e

225,000

191,743

3.165,221

440,000

601,671
591,222
551,212
2.576,261

4,741,837
10,457,554
6,154,158
61,029,894

100
80
100 1530

90
1580

Charlotte Nat Bank.
Commercial Nat Bk.
Union Nat Bank
American Trust Co..

e

500,000
300,000
1.200.000

100

3,079,600

share♦

20

Charlotte—

Jamaica, L. I.—
Jamaica Nat Bank..

$

C

7.215,676
65,068,285
298,929,603
33,000
62,500,800
253,569
10.118.700
21,961,135
13,559,100
1544865349
3,147.614
529,955,693
20.543.701
35,179,333

7,806,127
259.658
800,000
825,000
1,000,000
2.000.000 28,775.512

100,000 I
500,000

Pleasantville—
Mt Pleas Bk & Tr Co

7
20
10

18,068,723

e

Ask

price*

15

44

77.152,770
8,667,100

13.722,407

Bid

O

102,993,310

10,0<£),000

$

170,000 la
30,000

Preferred
Westches Co Nat:
Common
Preferred

_

"22'x

"J6

New York Trust Co 12.500.000 27,938,852
377,291.104
Pan American Tr Co
138,800
600,000
3,938.500
Savings Banks Tr Co 2.500.000 5,366,200 115,949,900
Title Guar & Tr Co—

Debenture notes..
Trust Co of Nor Am.
Underwriters Tr Co.

9.

100
50

Common
32.998,440 145129357 645,093,134
Convertible pref__
9,306,520
Marine Midi Tr Co..
5,000.000 9,088,063

Common

11
28 h

100

155,900
3,336,700
850,973
9,724,616
638,200 14,338,100
653,123
194,089
,650,902 915,956,619
257,500 20.239,500
,133,648 874,830,874
.282,690 555.717,316

Par

Nom.

$
Peekskill—
Peeksklll N B & T Co
Common

Per

25X

28, 1938

500,000
2,000,000
1.000.000
1,000,000

Gross

Deposits

0Concl.)—

Nomi

Trust

Institutions

Sept. 28

Ask

Bid

Par

Deposits

N. Y. City {Concl.)
$
National City Bank 77.500,000 59.015,763 1744181000
12X
Nat8afetyBk& Tr Co el,016,300
998,900 C14,490,500 12 H
Penn Exchange Bank
e526,000
243,300 c 3.082.400 10
Pnbllo Nat Bk&TrCo
7,000,000 9,238,575 138,490,900 17H
Schroder Bkg Corp
6,000,000 2,415,956 c24,955,888
Sterling Nat B & T__
1.500,000 1,694,860 c26.562,978 "26
Trade Bank of NY..
0416,300
302,600 c 6.123,000 12 X

Bk of Athena Tr Oo_
Banca Com It Tr Co
Banco di Nap Tr Oo_
B'kof Montreal Tr Co

Surplus &
Profits

Capital

Gross

Slate

NEW YORK

•

Surplus &
Profits

107

50

75
200

100
100

250
262

100

Durham—
Cltisens* Nat

Rochester—
Lincoln-Allia Bk&Tr
Common...

d

2,800,000 13,089,180
2.500,000

4% Con v. Preferred
Central Trust Co-

Common

20

600,000
1,170,000

292.620

15.866.455

Genesee Vail Tr Co..
e2,250,000
Roch Trust & 8 D Co
1,000,000
Security Trust Co—

577,663
4,880.282

15,694,995
34,332,387

Capital

notes

Common

Capital

300,000
200.000

notes

Union Trust Co:
Common

2,439.467

31,205.147

26

28X

50

70.634,966

50

53

20

7X

25

"'Jx
85

1:

20

J100

Bank.

150.000

1,545,224
14,395,644
1,881,000
2,001,758
1.047,347

55

500,000
200,000
100,000
214,000

55,175
1,264,981
169,000
114,039
70,450

100

Fidelity Bank
Depositors NatT Bk.
Home Savings Bank
Mech & Farmers Bk-

25

72

200,000
800,000

190,890
354.034

3,955,052
11,007,885

10

e

790,000

1,249,765

e

171,500
300,000

40

45

25

25

27 X

10

15

16

17.541.426

25

80

100

146,515
820,765

2,781,369
7.128,031

25

30

10

30

400,000 U ,304,174
324,960

Guilford Nat Bank—

900

19

25

20,046,067

100

21X

Greensboro—

10

16"

80

20

Security Nat Bank'

95
1100

Rale igh—
First Citizens Bk&Tr

Wilmington—
3.000,000

Capital notes

Jl, 139.713

1.000.000

44,987.421

People's Sav Bk & Tr

| <30

Wllm Sav & Tr Co..

Wilson—

Schenectady—

Branch Bkg & Tr Co
Common

Mohawk Nat Bank—
Common

322.049

400,000

368,076
507.222
1,380,097

300,000
750.000

Schenectady Tr Co..

5,750,054 f

10

L

200,000
253,590

Preferred
Union National Bank
Citizens Trust Co—

10

7,874,644
7,368,401
15,112,600

Preferred

010

200

100

Nat Bk of Wilson...

First National BankCommon

100

Preferred
Wachovia Bk &Tr_.

848,993

21,393,811

20

Z2X

j 352,912

9.120,767

20

14

e4,691,844

1,265,831

47,688,935

1,000,000
1,400,000

Jl,145.755

28,939.756

1.200,000

Common

Preferred
First Trust & Dep Co
Common

Syracuse Trust Co..

750,000
175,000

110,000

Capital notes

National Banks

020
3X

Union

Nat

Bank

Troy Trust Co

756,426
133,482
161,035

10

12

297.000

Preferred

990,000

Oneida Nat Bk & Tr
Common

Jl.756,970

31,117,810

Per
0

201,000

0

Merch Nat Bk&TrOo
20

n

50,000
500,000
150,000

4

6

10

.65

569,076

400.000

National Banks

{2ft

146,196

5,332,522

100

o

100
n

N
re

cent

25

sa

les

OHIO

State

Institutions

Sept. 28
Nomi nal.
Per

Dime Savings Bk Co
Common

200,000 la 161,248

20

15,617,580
23,151,612
3,436,316

100

159,590

490.000

1,250,000
100,000

Goodyear State Bk_.

3,867,362 I 35
I 40

BOOiOOO
240.000

435,343

10,389.932

N

o

1,143,436
94,250

a

N

cent

0

re

Capital debentures

les

200,000
608,000

J 616,068

990,000
800,000

1,108,175
632,662

17,944,376
9,859,713

1,3421,835

9,773,051
3,219,061
1,558,380

14,061,297

100

cent

sa

Common

re
sa

112,000

share

100

Firestone I'k Tr&S B

210.000

share

100

060

9,604,550 / 20
I 25

First-Central Tr. Co.

Capital notes

les

1
.

'•

'■

Canton—

J <25

First National Bank.

0

Geo. D. Harter Bank

Westchester Co—

e

100

145

100

Cincinnati-

Bronxville—
Gramatan Nat Bk &

Atlas

Tr Co

200,000
350,000

Bronxville TrCo
Mount Vernon—
First National Bank.
e

650,000
267,500

Mt. Vernon Tr Co...
e3.000.000

New Rochelle—
Central Nat Bank.
Flrst Nat Bunk

e

Huguenot Tr Co..

e

115,000
300.000
646.000

el,600,000

173,415
214,106

701,867
105,156
643,407

3,271,440
3,848,988

20

100

12,158,265 '100
3,029,822 100
6,830,227 e 10

84,882
325,229
78,853
593,914

2,049,597
4,448,426
1,467,025

14,618,209

20

213,411

1,720,455

20

2,366.610

100

30

Nat

Bank

Oinn Bk & Tr Co—
Columbia Bk & S Co

0

e

400,000
200,000
191,750

a

125

125
25

IX

20
20

28

10

1

20

150
50

VA

1
31

3
25

180,016
138,121

100

270

280

100

90

97

10

7

10

t Marine Midland Corp.
a June 30, 1938.
ft March 31. 1938.
c

Sept. 28, 1938.

d Lincoln-Alliance Bank

10,000 shares of its $50
on Feb.
1, 1939.
e

par

&

Trust Co. of Rochester, N. Y., to call in
4% convertible preferred stock at $52 a share

Common and preferred stock

or

debentures outstanding.

/ Stockholders of the Title Guarantee & Trust Co

of New York to vote
recommendation to reduce the bank's capital stock from
$10,000,000 to $6,000,000 and a decrease in par value from $20 to $12 a

Jan, 17, 1939

on a

share.

Ossining—
First Nat & Tr Co

Ossining Trust Co

2,361,646
1,812,727
6,362,862
3,375,203

.75

Capital notes

New Rochelle Tr..

165,928
127,137
129,430
204,016

24
5

Watertown—
Jefferson Co Nat Bk
Watertown Nat Bk—
Common..
Preferred
Northern N Y Tr Co
Common

_

10

Akron—

600,000 1
196,000

Preferred

Fleetwood Bk (The)

10
100

NORTH DAKOTA

Sept. 28
1 000,000

2,628,154
73.971.160

Nomi nal.

Nat Bank..

Utica—
First Citizens Bk & T

77,627
2,534,391

Fargo—
Dakota

21,055,866 i 25
25
11,055,313
6,449.780 162
50
3,498,493

275

0160

5y2

Troy—
1,534,354

250
______

25

16

20

Fargo National Bk_.
400,000
600,000
631,200

160

3,103.829

36^

First Nat Bk & Tr Co

Manufactur Nat Bk.
National City Bank.

I

900,000
e3.900,000

Sept. 28

Common

229,143

Winston-Salem—

100

Syracuse—
Lincoln Nat B & TCo
Merch Nat B & T Co

100.000

e

200.000
350,000 ft




171.394

0

Retirement price.
by Marine Midland Corp.
First report.
I Last sale,
n Member First Bank Stock Corp.

1 Controlled
k

National Banks

Sept. 28

Cross

Surplus &
Profits

Capital

PENNSYLVANIA

Institutions

State

OHIO

Sept. 28

COMPANIES

TRUST

AND

BANKS

108

Capital

Ask

Bid

Par

Deposits

Surplus
Profits

share.

Per

6,771,817

6,000,000

100

71,634,618

140

145

,

Nsrwsod-Hyde Park
600,000

Lincoln Nat Bank__
Northslde Bk & Tr Go

204,680

600.000

I

Bk & Tr Go

1,147,686

189,430

231,000 /

I

Prov S Bk & Tr Oo-

600,000
1,800,000

334,329
3,270,824

Becond Nat Bank

1,000,000

928,515
637,100
325,506

I

People's Bk & Sv Go

600,000
Western Bk & Tr Go d2,000,000
Central Trust Go
5,000,000
Bo Ohio 8 Bk & Tr Go

2,226,243

5,000,000 13,339.431
2,300,000

Capital debentures

88

100

225

240

50

50

91,349,284

371,600

Allentown—

1,000,000
1,000,000
450,000
500,000

Bank
Merchants Nat'l Bk.
Second Nat Bank..
Allentown Nat

1,853,469
2,167,392
1,392,064
882,919

288,946

Lehigh Vail Trust Go

10

28""

"26""

Common

Equity Sav & L'n Co
Lorain Street BankNational City Bank-

150

Oommon

150,000

10

5

6

Preferred

Bk Oo_

79

82

97

100

CaDital notes.

.J 100

100

120

5,871,986 flOO

120

140

42

14

424,526

4,090.857 f

270,274

2.645,685

200,000
Bank of Erie
First National Bank. dl,160,000

146,723
724,618
56,639
137,995
278,171

1,116,894
14,550,603

3,490,826

425,473

13,742,881 I

50
50

68,017

1.529,034

l05"

15

300,000
736,350
200,000

16

loo'

250,000
263,390
249,300

50

Preferred

Oentral Trust Co..

300,000

100

260

220

'

5'

20

6*
a24

16

I

10
10

dl,282,000
300,000

Marine Nat Bank.
Nat Bk & Trust Go..

100

Security-Peoples TrOommon

60
20

24 X

22 K

100
100

70

100

25

30

Preferred

Union Bank

(The).

767,111
7,762,543

10

100
100

6623

o50

76

100

13,800,000 14,718,412 334,995,097
13,936.500
21,054,608
2,805,653

50,000

Lawrence Park N Bk

100

Harrisburg—

5
11

80

50

70

50

16

Citizens Trust Co—

125,000

Dauphin Dep Tr Go.
Harrisburg Trust Go

400,000
400.000

1,284,581
1,448,926

2,856,465
4,441,792
6,567,558
4,403.912
1,017,605
13,218,612
12,062,138

67,634

/

1,749,294
i

130,326
139,075

2,364,721
i

208,034
68,041

i

3,243.065

100

2,980,141
27,019,155
1,710,525
2,584,590
53,109,417
3,838,476
1,435,588
69,121,445

17

18

100

170

180

50

62

67

10

400,000
600,000
625.000

807,835
1,079,943
417,265

10,674,500
10,979,917
8,724,200

20

427.567

6,301.884

10

235,743

1,850,802

10

7,125.849

53,695,001
9,408,688

50

396,510
300.000

Central Trust Go.

Branson Bk & Tr Go
250,000
City Nat Bk & Tr Go dl,600,000
Columbus Saving Bk d
80,000
Fifth Ave Sav Bk Go c
200,000
Huntington Nat Bk_ d3.500,000
Market Exch Bk Co
200.000
Northern Sav Bk
d
125,000
Ohio National Bk
c4,000.000

400,000

300,000

100
20

c

300,000 1
180,900
300,000

Oommon

200,000
295,000
842,000

258,469

6.705,863

(100

610,989

14,118,235

"25

1,500,000

697,350

800,000

1,000,974
344,147
763,453
2,763,918

16,218,580 331
50
2,450,083
20
11,803,021
50
88,255,200

3,040,000
Olty National Bank. dl,100,700
Oorn Exch Nat Bank
4.550,000
& Trust Go
460,000
Erie National Bank. d
3,111,000
First National Bank.

Oentral-Penn Nat Bk
95

90

40

45

36"

"32*

52

48

276,795

9,204,481 104,227.515
175,563
3,797,583
5,446,952 87,615,292
90,343
2,769,925
287,708
9,300,509
4,378,746 32,235,617
2,051,588 13,502,123

200.000

Gimbel Bros Bk & Tr

Kensington Nat Bk. dl,129,766
Market St Nat Bk_.

NatBkofGer&TrOo
Nat'l Bk of Olney—

1,000,000
400,000

D ollar Sav & Tr Go—

12,759,513 f

10

50

12

"25 "io"

12,783,765
17,865,928

"12"

110

120

15

100

16

Beneficial

Ownership Trust
Fund G-2

750,000

...

notes.._

1,243.700

}'

152,740

25

5,681,867

95,000
250,000
200,000

North Broad NatTBk
Northeast Nat Bank

4H

Oommon

500.000

650,000

176,199
95,934

2,139,892
1,288,111

McAleater—
Nat Bk of McAlester

100,000

First Nat Bk of McA

100,000 i

236,989
254,350

2,606,932
2,310,099

100
100
N

cent

sa

25

o

re

les

100

Muskogee—
Citizens National Bk
Commercial Nat Bk.
First Nat Bk & Tr Co

Oklahoma City
City Nat'l Bk&Tr Co
First Nat Bk & Tr Co

100

100

100

2,529,464
3,626,034
5,112,751

125
125

100

50

"24" "28""
260

47

52

1,971,261 I 10
I 10
10
1,947.724
50
3,479,303

4

5
alO

~~4X

f 25

69

65

a25

25
20
50

15

14

Ibl'K

106 H

J 676,466

7,885.916

25

8K

f 10

I 10

d

150,704

200,000 1
100,000
405,336

3.257.765 f 20
30

61,992

25

2,733,255

3,300.000 4,708,668 40,345,726 100
91,262
2,766,051 37 X
300,000
352,236
1,707,672 100
el,000,000
20
505.079
400,000
1,892,593
Broad Street Trust.
50
133,501
250.000
1,446,333
Ohestnut Hill T & Tr
100
529,231
16,859
Citizens & So B & Tr
125,000
Fidelity-Phila Tr Go 6,700,000 17,179,974 110,719.870 100
1,095,298 100
Finance Go of Pa
2,320,000 8,995,339
10
1,406,982 10,846,245
500,000
Frankford Trust Go.
10
Germantown Tr Go.
1,400,000 2,700.149 20,191,586
10
4.000.000 10,992,061 106,244,975
Glrard Trust Co
10
Industrial Trust Go. dl,132,250
1,150,263 11.261,810
Integrity Trust Co—
10
Common
995,973
5
1st preferred
2,000,000 1,677,405 34,804,886
10
2d preferred
3.000.000
d

125
150
150

8H

7

"T"
123

128

15
.....

Banca Oom It Tr Go.

6

252

17
14
262

138

148

43

45

14

1534
5734

13
8

5634

9

8

2K

IK

alO

•"■4

8

Land Title Bk&TOo

150

185

Oommon

54.221J517

10

23

27

7,212,987
20.447,793
1,490.226
16,947,447
981,627

50

50

100

175

75
225

Mitten Bk & Tr Go

100
100
100

100

125

125
160

Northern Trust Co__

50,000

281,532
3,606,884
269,276
916,949
48,113
417,741
29,556

100

125

2,000.000

2,364,981

51,548,822

200,000
5.000,000

Fidelity Nat Bank.. d 450,000
Liberty Nat Bank.. dl,200,000
Oklahoma Nat Bank.
Tradesmen's Nat Bk
Stock Yards Bank
Tulsa—
First Nat Bk&Tr Co
Fourth Nat Bank—

170,320
516,828
424.562

100,000
300,000
400,000

100

Bank & Trust Go

Wyoming Bk & Tr.

Nomi nal.
Per share.

100.000
75,000

36

281

Second Nat Bank—

Tioga Nat Bk & TrOo

First National Bank.
First State Bank

30

276

Tradesmen'sNational

Sept. 28

Outhrie—

42

41

60
100

South Phila Nat Bk-

Institutions

State

20

30 K
18

29 H
16

245

3.138,986
275,000 1
149,151
Preferred
225,000 f
Philadelphia Nat Bk 14,000,000 25,715,108 390,336,958
d
2,450,467
269,818
135,001
Roosevelt Bank

Oommon

OKLAHOMA

Sept. 28

186,081
205,981

10

100
10

Oommon

Preferred

National Banks

13

T~5X

Northw'n Nat Bk—

Preferred

City Tr & Sav Bk—

76.420

105.000 I

PppffiPPflH

Youngstown—
1,250,000 I i 553,266
Capital notes
2,000,000
426,720
Mahoning Nat Bank dl ,623.000
Union Nat Bank
1,250,000 1,951,406

I 100

10

Oommon

Common

145

50

Philadelphia—

"25"

T oledo—

Commerce-Guard Bk 1,000,000
Spitzer-R T & S Bk. d 400,000
Ohio Citizens Tr Co. d 600,000
Toledo Trust Co..
5,000,000

155

20

100

31,509,083 J100
1 60

....

100 1420
25 Q 67 y3

Lancaster—

Oonestoga Nat Bk..
Fulton Nat Bank__.
Lancaster Go Nat Bk d
Farmers' Bk&Tr Go
Preferred

Common

12

100

Northern Bk & Tr Go

Preferred
Third N B & Tr Co.- d
Winters N B & Tr Co

10

c

Dayton—
Mercn N B & T Co—
Common

7

10
25

160,318
432,009
864,290
915.226
30,276

Allison-East End Tr

Capital Bk & Tr Co
Harrisburg Nat Bank

100

Columbus—

Capital

22

100

1100

Altoona Trust Go—
Common..

Union Bk of Comm. d5,000,000 2,953,491
Union Sav & L Go..
900,000 / 368.109

Common

20

293,900

100

5.000,000 11,426.762 121,788.527
7,840,000
598,354
2,043,068
250.000 I
770,745
7,558,961
400,000 i
155,081
d
4,571,613
484,000
9,000,000 4,513,259 148,002,953
54,127
573,552
d
190,000 i

Cleveland Trust Go
Common

of

10

Brio

Preferred
Ulev Say & Loan Co_

Ctfs

150

25

135
38

100

Altoona—
First Nat Bank—

145
125

152

100

100

4,895,600

Bank Co. d
Central Nat Bk—

Preferred

share.

for

$
13,113,722
8,238,691
5,465,156
6,476,331

100

Cleveland—
Amer Sav

North Amer

Ask

Hid

Par

65

Oo-

Fifth-Third-Union Tr ust
Common

100

5,158,228
9,432,204
2,316,995
3,037,859
44,946,414
15,697,840
7,239,838
11,397,908
66,698,112

93

Cross

Deposits

Nomi rial,

Nomi nal.

Cincinnati (Con.)
First National Bank.

Sept. :io

100,000
500,000

100

5,715,439

Preferred

Liberty Title & Tr Go
.

Ninth Bank & Tr Go
Nor Phila Trust Oo.
Penn Co for Insur

3,750,000 16,667,848
7,350,000
el ,000,000
1,240,121
1,192,278
1,500,000
770,712
d2,221,990
500,000 2,865,476
500,000
1,356,602

33.721,495 [

5

1

10

3H

2K

9,420.018

50

"25

6,697,034
19,112,628
12,440,079
7,189.282

50

~30"

20

10

100
50

26

,

9K

SK
502

512

92

97

on

Lives & Grant Ann

Common.
Preferred

125,000 1
175,000

287,050

20

5,638,987 t

27M

30

25

20

4,788,657

65,776,464

15

20

( 10

20
100

25

Dep Oo_

Real Est Tr Co

1 20

Nat Bk of Oom'erce. d 350,000
62.593
Nat Bank of Tulsa—
Common
2,500,000 12,769,539
Preferred
1,125,000
West Tulsa State Bk
25,000
14,417

Tr & Safe

Penn W'h'g & S D Go
Provident Trust

Security Bk & Tr Co.
Sonsitaly Bk & Tr Co

8,400,000 18,739,249 229,181,819
848,455
750,000
1,154,589
3,200,000 14,035.682 46,920,429
2,405,970
10,335,514
1,500,000
3,213.826
227,758
300,000
870.568
125,000
34,938

100

29 H
59

28*

50
10

330
30

338
33

5

6

50

20

35

2,982,793
1,340.375

50

40

50

25

665,341

10

2

11,087,584

100

95

28

Pittsburgh—
Allegheny Valley Bk.

Ii6"

200,000

Arsenal Bank

358,266

10
100

100.000

Bank of Ohio Valley.
Braddock Nat Bank.
*

Preferred

200,000
500.000

Sale price.

a

236,176
267,455
113,543
913,561

stock

retirement

price.

b March 7, 1938.
Member of the BancOhio Corp.
d Oommon and preferred stock or
c

National Banks

Sept. 28

OREGON

Institutions

State

Sept. 28

e

Control

and ownership

debentures outstanding,

of substantially all of the stock

Commerciale Italiana Trust Co. of Philadelphia, Pa. has

Nomi nal.

Eugene—'
First ^National Bank

Per

200,000

364,196

7,177,806

share

100

Bank




of the Banca

been acquired by

of Philadelphia, preparatory to a merger

/ Dec. 31, 1937.
g Harrisburg Trust Co
of Harrisburg, Pa. recently split its capital
by reducing the par value of the shares from 8100 to 825 a share.

r

Portland—
First National Bank.
Portland Tr & Sav Bk
United States Nat'l

the Liberty Title & Trust Co.
the former institution,

h Preferred stock retired.

3,000,000
300,000

5,603,512 102,850,890
510,040
4,233,605

100

172

185

100

85

90

4,500,000

5.776,539 115,885,042

20

33 H

35

I Last
n

The

i June 30,

1938.

v

of

stock
_

sale.

National

Bank

of Tulsa,

Okla., recently retired 8250,000

preferred stock and increased its common stock to 82,500,000
000 formerly outstanding.
s New stock.
x Ex-dividend.
V Ex-rights.

of its

from 82,375,-

BANKS

Jan., 1939]

Capital

Surplus &
Profits

Cross

share.

165

15,972,870
5,521,459
452,477

654,327
265,527
44,043

J 960.977

700,000

Citizens & Sou Bank 0
Carolina Sav Bank--

150

200,000
50,000

1,100,000
1,200,000

200

Miners & Merch Bk_

Per

$

%

Charleston—

170

175

Common

100

Preferred-

5,220,638
9,160,620
3,278,271

100
100
50

648.480

50

1,246,299
2,312,498

10

5

First Nat Bk of Ool-

200.000

50

70

Lower Main St Bank

35,000

g

share.

14 X

10
100

100

15*4

95

95

Bk (The)

138,979
.472,197

1,589,117
4,410,565

250,000
200,000

32,195,317 flOO

559,383
633,502

5

6

1100

146,477
236,118

100,000
172,700

Bank

100

7*4

Columbia—

4,643,553

10

.1,364,434

25

5,688,915
3,967,381

20

53

55

10

24*4

25*4

2,494,129

/ 20

10

9**

.

at

Pittsburgh
Iron & Glass Dol Sav

Keystone Nat bk—
Common

200,000
125.000
7.500.000

Preferred

Common.
Preferred
Nor Side Deposit Bk
Pitt National Bank_
Polithania State Bk.

Western s & d Bank

50

20

125

3,849,900 K50
310.745
\ 50
15,125,195 298,092,358 100

Greenville—
First National Bank-

62

1.827,603 I 25
1 25
40
1,696,549
50
11,036.300

10

«50

Spartanburg—
Com'l Nat Bank—

61,539

,

125,000
1.320,000
2.000.000

164,354
670,749
118,997
168,537
3,982,837
5,717,939
551,000
873,895
2,051,959
2,468,713
150,871
1.269,885
10,764,375

250,000

383,415

700,000
200,000
50,000
2.000,000
1.000.000
i
495,000
700.000

Allegheny Trust Co.
Colonial Trust Co
(3,742,300
Com'wealth Trust Co
1.500,000
Co.

Farmers

Deposit Tr.
Fidelity Trust Co
Manchester
Savings

927,452
1,240,898
29,678,379
34,185,013
3,676,816
6,225.082
30,370,056
19,533,068
2,561 ,ol3
151,365
22,095,353

Preferred
65

25

120

40.000

-

«25"
.

60

15"

50
50

100
100
50
100
100
100

160"

150
36
80
80

NaXlB28k' SOUTH DAK0TAs'a'se?*'28rton*

>

55

Nomi nal.

90
87

65

Per

Sioux Falls—
& Tr.
Nat Bk of So Dak

155"

100
25

80

N or thw't SecurNatBk

i

85

Union Savings Bank-

2,476,328

50
20

25

382,876
95,703,872
1,302,426
186,908
107,000

400,000

1,063,649

9,656,727

100
4,848,947
3,313,725 plOO
8,661,624 /TOO

800.000

1,354.646

N

share.
0

re

cent

sa

100

les

25

96,007,962
6,700.160
1,631,676
1,872,204
241,225,387
6,128,705
1,740,809
2(055,000

First Nat'l Bk

184,722
224,681
114,957
55,166

385,000
250,000

i

50

175,000

Bank & Trust Co.

71,853

160,000 1

Common

141,625
108,375
200,000

•

mrnmrnm

,

0,000,000 11,065.763
416,162
875,000
291,203
150,000

Bank

Union National Bank
Union Savings Bank.

50

100

Peoples Nat Bank

Mellon Nat Bank
Nat Bank of America

Dormont 8 & t

100
100

200,000
200.000

Fourteenth St Bank.

Sheraden

Per

(d)

Ask

Nomi nal.

417,036
536,175
255,892
974,778
198,178
474,489

300,000
500.000
615.500
200,000

Forbes National Bk_

Freehold

Bid

Par

Deposits

South Caro Nat Bk—

First Nat Bank & Tr
Co of East Pitts.

Hill Top Bank
Homewood Bank

Cross

Surplus &
Profits

Capital

Nomi nal.

Pittsburgh
r
$
(Concluded.)
5,070,967
53.652,726
Dollar Savings Bank d
87,925,569
Farmers Deposit Nat
6.000,000 10,594,708
First National Bank
6.000,000 6,354.625 100,527,173

Hazelwood

Ask

Bid

Par

Deposits

109

COMPANIES

TRUST

AND

150,000

Peeple's-Plttsburgh
Tr

Co

Potter Title & Tr Co i
Provident Trust Co.
South Hills Trust Co

125,000

,

Union Trust Co

1,500,000

Washington Tr Co..

500.000

West End Bank
William Ponn Tr Co.

200,000
i

5

5

100
100

26*6
8

85

100 5800

10
50

Nomi nal.

50

50

651,780
1,269,479
456,002
2,555,421

1.170.300

6,171,243
21,540.333
4,015,204
15,952,906

75

*6*6
*11x
17

18

Soranton—

201,724
6.935,787
150,083
346,978
54,644

1,301,797
61,139.115
1,317,972
2,840,378
988,195

25

1,000 i
200,
100,000

134,761

2,414,229

50

400.000

744,641

4,970.692

1,000,000
100,000
250,000

835,896

16,207,088

567.643

2.835,590

150,000
184,375

85,504

1.908,741

750,000
Hanover National Bk i
200,000
Miners Nat Bank
2,500,000
Second Nat Bank
1,000,000
w-b Dep & Sav Bk.
500,000
Wyoming Nat Bank.
500.000

1,459,761

r. Scranton State Bk
First National Bank.
Green Ridge Bank..
North Scrant Bk & Tr

Providence

Bank

200,000

4,050,000
200,000
300.000
i

300.000

25

18

Common

Preferred

.....

South Side Bk & Tr.
Third Nat b & t CoCommon
...

Preferred
West Side Bank

Preferred

190

200

415,641
325,000 1
325.000
<2,740,000 1,289,036

10,024,847 flOO
1100
40,824,975 100

150

155

49,765
128,655

100
1,613,871
2,644,569 6.25
24,619,469 100
100
11,482,060

135
8

9

230

240

50.000
<
200,000
HamiltonNationalBk <
925,000
Park National Bank1,000,000

38,815,999
26,139,758
1,328,438

100

280

295

100

220

230

100

220

250

4,684,192

64,720,061

10

27

28

3.000.000 11,454,966

52,402,835

/ 10

163*

17*6

10

20

21

9,615,725 J100
1100
100
26,667,130

(6)

50.000

40

60

Bank & Trust Oo_

25

60*

65"

Nashville—

25

43

46

1,681,822
2,234,650

3,500.000

a

75

a

American Nat Bank
Common

! 72

25
25

3 *6

Broadway Nat Bank

158,009
6.021,258

2,777.729
620,544
725,535

9,196,784
1,290,289
23.113,355
15,132,987
4.592,168
7,722,240

100

2.406,766
4,605,190
5,094,500

175

205,925
384,284
504.417

250.000

500.000 lal 113242

1,133.300
1,000,000

1.354,405

30
50

45
95

Preferred

First National Bank.

25

335
22

345
2A

50

88

92

10

7 *6
25

10
30

20

23

50

National Banks

20
10

f

2.037,222

190.000

i

343.527
31,145
598,116
198.596
512.585
895.553
517,845
820,484
1,227.974

150,000
100,000

500.000
125,000
225.000

York Co Nat Bank

300,000
600,000
500.000
750.000

Nomi nal.
Per share.

3,208,395
673,499
7,982.526
1,668,162
4,246,621
6,064,728
4.607,764
4,195,807
7,537,344

10

6*6

450,794
552,431

576.750

7*6

125,000
75,000

53"

70
16

15

10
10

17
58

25

56
34

.

25

57

15*6

RHODE ISLAND

16

t

i

11

Oct. 17

150,000
82,700
_

Nomi na<.

Common

Preferred

High St Bk & Tr Co

-

Per
j 25

-

~e2b"

125

300.000

61,143
496,645

500.000

1,154,758

4,028,6

88.640

1,755,0

652,045
2,841.076

share.

35

60

100

Preferred
NatBank of Oom&Tr
Phenlx Nat Bank

Providence Nat Bank
Industrial Trust Oo_
Lincoln Trust Co
Rhode 1 Hos Nat Bk_
Rhode Isld Hos TrOo

Union Trust Co

rec
sa

o

ent

les

20

150,000
1.000,000

50

51

100

jlOO
1100

71,608.712
6,194,268
23,036,388

4,156,742
388,118
889,581

J

2,393,687

J 104,512

125,000
75,000

Capital notes

20

100

20

V

30

36*6

37*6

""55"" "51""
210

46*6

215

47*4

2,266,939

75,658

|100
I 20

100

31

32

1

107,100
92,900
120.000

|

226,802

J10

9

110

1,599.481

50

elo

350 .000
150 ,000

| 218,246

4,997,50

(25

'120"
17

850 ,000

50
886,917
8.053,301
450 ,000
50
951,805
3,232,549
100
11,640,846
1,500 ,000 2,531,995
100
4.000 ,000 10,526.962 113,496,576
125 000
178.442
25
1,620,939
2.600, 000 2,959,415
47,130,187 *100
5.000, 000 012167,757
41,628.396 1000
100
1.000. 000 1,539,415 24,631,724

Sale price.

0

June 30, 1938.

ft Member of First Security Corp.

"65"

"75"

120
285

305""

160

175

Liberty State Bank of Dallas, Texas, voted on Nov. 9, 1938, to recom¬
an increase of
$125,000 in capital subject to approval of the stock¬
10, next.
d A mutual savings bank.
e Preferred stock retirement price.
c

mend

33

1950"

*

t Citizens & Southern Bank of Savannah. Ga., system.
22

125

2155"

135

holders on Jan.

f Member of the Northwest Bancorporation.
g Affiliated with the Citizens & Southern Nat. Bank of Atlanta,
^common

and

preferred stock outstanding.

k Stock all owned by the Rhode Island
1 Last sale.

Woonsocket—
Woonsocket Trust Co

N

100

100

s-s

Common

78

Mechanics Nat Bank
Common

100

28,586,383 / 20

800.000

4,000,000

100.000
53,600

Common

Capital notes

150

4,620,298

J 176,286

1,200,000 11,118,794
4

Newport—
Aquldneck Nat Bank

6.502,390 116,880,851
62,561
1,608,493

8,000.000
25.000

Mercantile Nat Bk-

6.314,9

9,699,536
12,615.456
2,256,857

D O——

.

262,567

«100

35*6

-

400,000
210.000
120,000

(100

59

10

.

Secur St Bk &

-

Providence—
Blackstone Can NatColumbus Nat Bank:

100

Beaumont—

192*6 195

100
20

Liberty State Bank:
Common

Newport Nat Bank__
Newport Trust Oo__

100

3,214,936 flOO

564,773
877,979
92,302

"25" "22"

First National Bank.

Preferred

13,738,791
15,064,233

J 144,516

400,000
400,000
200.000

5
10
00

Hillcrest State Bank.

Common

Sept. 28

Austin—
<

Western Nat Bank

Guardian Trust co
York Trust Co

Institutions

State

TEXAS

Capital Nat Bank—
250,000 In 186,390

Indus n b West n y.

York n Bk & Tr Co.

110
255

97

100

York—

Drov & Mech n Bk.
Eastern Nat Bank..

105

245

185

300.000
Cent Nat Bk & Tr Co
Common

20

Nashville Trust Co—

Sept. 28
250,000
225.000

5,408,676
20,413,664

630.201
1.072.985

300,000
1,000,000

Common

25

1100

3,500,000

Preferred

25

Williamsport—
Bank

556,007

145

87.123

State Savings BankUnion Planters' Nat'l

Preferred

West Branch Bk & tt

1,240,998

1,000,000
1,000,000

20

50

Third National Bank

Williamsport n Bk_.

"136" 135""

Memphis—
First National BankNat Bk of Commerce

Wilkes-Barre—

First National

a

Oomm'l Bk & Tr Oo.

Commerce-Union Bk

First National Bank

11,486,478

1,039.411

Knoxville—
Bank of Knoxville

80
32

"28"

15

Penna Trust co—

Common

share.

100

025.000

28
40

50

Scranton Nat bk—

Commo

Per

Chattanooga—
Co_.
Commercial Nat Bk:

Amer Tr & Bkg

34

Preferred

1,000,000
1,800,000
300.000

Sept. 28

6000

6*6

Hamilton Nat Bank.

Union National Bank
Berks Co Trust Co..

Institutions

State

95

100

Reading—

City Bank & Tr Co
Reading Trust Co..

TENNESSEE

Sept. 28

Workingman's Savgs
Bank & Trust Co.

National Banks

70

445,000




158.297

3.182,798

100

1100

n

p
x

Hospital Trust Co.

March 7, 1938.
Affiliate of the First Bank Stock Corporation.
Ex-dividend,
y Rights.

Ga.

110

BANKS

National Banks

Surplus &
Profits

Capital

National Banks

Sept. 28

Cross
Par

Deposits

Bid

444,768
1,407,781

Ask

Lynohburg—

14,121,485
34.296,163

1.500.000 12,361.421
900.000
9,532
15.420
:
225.000
92,154

First National Bank:
ft Worth Nat Bank:
Common

563,448
1,068,184

42.031,007

750.000
1.500.000

Preferred
Fraternal Bk A Tr Co

Union Bank & Tr Co

1

70

20

42

44

4,009,499
4,225,330

60

120

100

./ 145

81,296
105,867
479,845

259,088
650,930
3,151.742

100

250,000
2.500,000
1,500.000
a
157,800

513,529
860,062
1,140,854
v
74,504

3,584,905
32,946,816
17,624,182
1,751,658

200,000
276,000

184,603
86.242

2,794,411
2,669,759

195,298
93,369
272,181

6,141,355
1,167,189
2,930.792

965,766
970,043
68,335
3,467,444
139,035

9,507,045
18,339,913
780,621
71,749,221
2,045,372

S

105

130

Merch A Planters Bk

Loan Bank

131,785
100,000
300,000

a

v

5

I 6H

5

I 9X
I 353 H

20

390,249

Norfolk—

10

1,206,795

100

Seaboard Citz N Bk

City National Bank-

200,000
200.000

389,661
368,804

15,510,035
4,628,224

100

First National BankEE at chin gs-Sealy
National Bank—
U 8 National Bank—

750.000
500.000

451,898
866,506

9,887,565
10,486,413

100
50

100

100

240
117

25

34

100

250
118

34J4

100

o

cent

les

PetersburgCitizens Nat Bank—
Petersb Sav A A

a

10

10

10

7H

—

—

mmm

Portsmouth-

Houaton—
Citizens State Bank-

250,000

a

213.774

298,170

100

5,252,097

11,894,796

110

20

32

American Nat Bank-

a

Trust Oo__
Merch A Farmers Bk

a

500,000
250,000
449,000

Citizens

City National Bank:
500,000
100.000

Common

Preferred

|

I

35

v

50

N

100
100

sa

0

re cent

les

1100
Richmond—

First Nat Bank—

3.000.000

Common

1.740.000

...

^1,834,357

160

49,955,408 JlOO
1100

Bank of Comm i

5165"

Houston Nat Bk— o
Common
Preferred

Second Nat'l Bank—
Nat Bank of Comm.
State National Bank
Union National Bank

Texas

519,365
375,989

Lynchburg Tr A 8 B.

42

Galveston—

South

100

600.000
500,000

People's Nat Bank—
Depositors Industrial

65
40

Nat Bk of Commerce

Preferred

Ask

Nomi nal.
Per share.
I 153

7,795,196

Trust Co

60
20

I

Bid

Par

$
582,991

First National Bank.

Oom'lTr &Savs Bk:

-

Cross

Deposits

Lynchburg Nat Bank

Port Worth—
a

8

Sept. 28

1.000.000

100

A

Continental Nat Bk.

Surplus &
Profits

Capital

100

9,231,701
19,771,029

State Institutions

VIRGINIA

Sept. 28

Nomi nal.
Per share.

$
3U0.000
300.000

*E1 Paso—
El Paso Nat BankState National Bank

COMPANIES

TRUST

State Institutions

TEXAS

Sept. 28

AND

632.500
367,500
1.000,000
a2,875.000
a 1,000,000
1.000.000

345,445

I

1.663.152
4.304.445
321,352
1,424,444

90
13.450,668 JlOO
\125
27,875,625 100 '230'
40,528,452 100 340
100
155
9,043.831
29,332.342 100 195

100

Central'National BkConsol Bk & Tr Co__
First A Mer Nat Bk_
Mech A Mer Bank—
State-Planters

100
100

300

102.048

6,749,086
5,156,660

100
100

Common

210""

"155"

mercial Nat Bank.

1.500.000 2,073,139
200.000
261,008
600.000 1.019.153
Houston Land A Tr. al.500.000
490,540
San Jacinto Nat BlcOommon
342,000 I
111,894
Preferred
308.000
Port Arthur—
First National BankMerchants Nat'l Bk.

100.000
200,000

Preferred

| 821,348

5,030,290
4,137.796

Virginia Trust Co__.

"85"

90

1,250.000 11,225,933
1,750,000
400,441
200,000
180,860
200.000 v
995,061
al,000,000

100

34
27

20

38

30M

""48" "49H

100

16

52,499,438 fl*s

17^

\100
3,474,648
3,275,028
5,483,477

25

"73H

15

25

50

69

72"""

Roanoke—
378,465
1,606.942
398,197

500,000
1,000.000
800.000

5,901,867
25,357.556
5,045,848

50
100

70
225

100

90

625

100

18.589.252

310

70

6.193.917 J100
1100

574,189
309,127

500.000
912,500

41,302.811

20
20
10

Ban!

Sav Bank A Tr Oo__

Fidelity Trust Co—

80,000
3.000,000
200.000

A Trust Co:

Com¬

Guardian Trust Co..

600,000
1,000,000

J100

100

San Antonio—
Alamo National Bk:

Common-

...

Preferred
(Bexar Co Nat Bank-

200,000 1
148,839
92.800
1.200.000 1.281.018

Common

Preferred

Frost National Bank
Groos Nat Bank—

Common........
350,000 1
114,889
Preferred
120.000
Nat Bank ol Comm. al .000.000 1,039,798
National Bank ofFort
Sam Houston
100,000
91,051
San Antonio Nat Bk
400.000
127,618
South Texas Nat Bk-

300.000

Oommon

Waco—
Citizens' Nat Bank-.
First National BankNational City Bank.

125

National Banks

145

2,523.146 J 50
1 50

40
*

100

200

5,260,193 JlOO
1100
22,338,894 100

92

36,770.226

1,568,715
4,548,135

100
100

3,789.859

325,588

WASHINGTON

Sept. 28

1100

255"
155

45
d50
230
99
dlOO
250
185
50

100

Institutions

State

Sept. 28

Nomi nal.
Per share.

Seattle—
Seattle—First Nat Bk
Nat Bk of Commerce

8.000,000
2,500,000
2.500,000
1,350,000

Pacific Nat Bank

Peoples N B of WashSumitomo B of Seattle

200,000

University Nat Bank

400.000

Seattle Tr & Savs Bk

550,000

5,407,999 139,486,404 i 20
3.851.400 71,005,817 c 25
100
1,273,963
20,697.671
20
837,460 24,778.185
110,589
2,390,206 100
20
155,211
5,944,500
50
650.038
7,546.773

30

31
m

155"'

140
r

29

32

"30""

24
60

65

Spokane—
First Nat Bk in Spok
Old N B& UnTCo.

500.000

156,695

Common

550.000

671,908

Preferred

450,000

a

5,586,441

100

40

45

~

Natiimal Banks

7,921,601
9,992,529

175

185

50

74

80

100

80

642,851

956,401
258,528

20,267,722
5,545,625

Washington Trust Co

Salt Lake City—
Dontl Nat BfcATr Co

6,190,506
18,007,529

100
Nomi nal.

100

Charleston—

Per

a

900,000
750.000
750.000

11,642,836
15,964,985
15,253,090
14,479,963
3,057,081

Common

1.062,500
550,000

100
100
100

60

75

160

170

175
182

185
192

KanawhaBkg&Tr Co

100

100

115

125

Capital notes
Kanawha Valley Bk.
Nat Bank of Comm

Preferred
Common

19.773.252 J 25
I 40

J2.225.510

5,093,160

{100

N

0

re

cent

19,156,353
2,811,438
s
632,335

I5o

sa

les

J 679,974

26,329,759

jlOO

95

105

Central Trust Co..

500,000 1
358.610
25.000
1,000,000 1,387,352
200,000
93,022
500,000
311,431

Huntington—
First Hunt g Nat B1

-

1,000,000

1,249,155

16,282,019

O122.000

35,387

867,332

12&

Twentieth St BankNational Banks

Sept. 28

VERMONT

State

Center Wheeling S
Citizens Mutual
Per

210,000

People's Nat BankQuarry 8 Bk & Tr Co

200,000

204.500

v

500.209
246.661
153,652

3,608,580
2,667.138
1,921.880

100
100
100

"75"

share.

100

a

Security

683,011
496,863
82,192
391.745

6,309,812
6,786,548
730,774
3.194.069

100
100

228,514

2.508.029

Trust Co..
Wheeling Dollar Savi

100

o

40

Montpelier Nat Bank
Montp'r 8 B A Tr Co

uv

150.000 I
180,000
100,000
614,951 v

les

A Trust Co

207,955
108,151
224,303

150,000

Killlngton Nat Bank

100.000

Preferred
Rutland Trust Co...




297,429
138,225

1,120,447

100

4,906,746

100

85,413

25

594,108
616,838
160,379
752,003

1,643,331
4,835,581
5,080,881
1,113,654
4,994,591

2,691,173

18,086,063

449,605 /
500,000
500,000
100.000
300.000

1,800,000

*

2,739.729 f 100
U00
20
1.935,749
1,395,857 100

2.866.330
1,037,810

25

c

30

Member

of the

Marine

125.000
a253.500

153.529

2.996,633

151.595

2,046.621

JlOO
\100

v

100

80

90

"85"
165"

90

100

280

3&5

100

120

125

outstanding

Bancorporation.

d Preferred stock retirement

price.

Member of the Northwest Bancorporation.

/ March 7, 1938.

10

100

100

......

100
100

Sale price.

Common and preferred stock or debentures

6 Member of First Security Corp.

o

0

Dec. 31. 1937.

cent

100,000

it*

95

t Stock of South Texas National Bank of San Antonio, Texas, all held
by Central Securities Co. with exception of directors' qualifying shares.

e

Rutland—
Clement Nat Bank—
Rutland Co Nat Bk:
Common....

a

107,414

529,155

a

407.500

16

50

cent

100

First National Bank:

Preferred

Half Dollar Trust
Sav Bank
Nat Bank of W Va__

150,000

600,000

a

Co

Nat Exchange Bank
t
80 Side Bk A Tr Co.

Burlington—
Chittenden Co Trust
491,500
BowardNatBk&TrCo
600,000
Merchants Nat Bank
150,000
Burlington Trust Oo. al .085.961

100

Wheeling—

Sept. 28

Barre—
Granite 8 B & Tr Co

100

Institutions

Nomi nal.

Common

share.

Charleston Nat Bk:

374,798
First National Bank a
1,245.351
Utah State Nat Bank a
901,348
Eton's Sav Bk & Tr
1.000.000 vl ,070,665
Utah Sav A; Trust Co
300,000
251,498
Walker Bk A Tr Co:
Common
1,500,000
350,000
Capital notes

Montpelier—
Capital 8 B A Tr Co

140
IS

16

mV.Tk> WEST VIRGINIA

Nomi nal.
Per
share.

113.604
1,358.571

130

Sept. 28

Ogden—
Commercial Sec Bk_ a
525,000
First Security Bk NA al,000,000

100
25

1.40

State Institutions

UTAH

Sept. 28

100

808,567

200.000

Taooma—
Nat Bank of Wash-. al,415.000
Paget Sound Nat Bk a 760.000

366,982
487,525
91,308

250.000
890.000
100.000

19,930,274 JlOO <1.25
\100
7,706,276 100

< Member First National Corp.

les

1
n

Last sale.

stock retired.

Preferred

o

Controlled by the Joseph F.

r

Member

s

Trust

t All stock held
u

v
x

Meyer interests,

People's Corp.

funds.

by Old National Corp.

Reserves.

June 30, 1938.
Ex-dividend.

!

National Banks

State Institutions

WISCONSIN

Sept. 28

Exchange State Bank
Nat Bk of La Orosse.
State Bk of La Crosse

Nomi nal.
Per share.
25
20 «

20
4,672.958
1,241,976 100
5,724,169 elOO

45.317
348,503
167.756

2.815,314

Ask

Bid

Par

Deposits

$
245,653

$
500,000
fll75.000
400.000
100.000

La Crosse—
Batavian Nat Bank-

Sept. 28

Gross

Surplus &
Profits

Capital

N

o

re

cent

sa

100

les

Milwaukee—

Olty Bank & Tr Co__

2,131,268
3,304,110

135.478
155,204

200,000
350,000

19M

20

40

100

Gross

Surplus &
Profits

Capital

Amer State Bank

111

COMPANIES

TRUST

AND

BANKS

JAN., 1939]

S
$
$
Bank of Nova Scotia 12,000.000 24.000.000 253,637,504

Per

Halifax-

50

Ask

Bid

Par

Deposits

cent.

100

300

304

100

236M!

100
100

174

201M 204

100

210

First Wise Nat'l Bk—
Common
Preferred

Home Savings Bank.
KI1 bourn State Bk

5,000,000 17,647,525 196,717,294
8.000,000
2,045,371
162,368
a350,000
a
69,674
1,592.834
130,700

4H

{.!.

4M

"l6~~

20

18

ONTARIO

20

Lincoln State Bank:

62.525
100.000 1
300,000
2.200.000 2,355,746

Common

Income debentures

Marine Nat Exch Bk

1,186,346

100

33,871.973

20

Per ,cet

Toronto—

37

39

Bank

6.000.000

of Toronto

9,000,000 118,973,592
553,004,110
7,000.000 116,214.387
8,oon,nrvo 133,019.166

Can Bank of Comm. 30.000,000 20.000.000

114,657

Marshall & Hsley Bk a2.970,000
a
598,000
Northern Bank-.... a
150,000
Park Savings Bank-- a 539,500

44,751,436
2.022,886
2,147,297
1,841.982

62,707
94,278
882,665
306,694
647.512

1,994,609
1,956.896
4,540,672
4,046.110
4,501.913

1,954.145
24,456
34,065

Mitchell St State Bk.

State Bank of MUw.

a

TeutoniaAveStateBk
West Side Bank

Wisconsin State Bk_
First Wise Trust Co.

550,000
466,700
400,000
300,000
1.000.000

c

22

19

20

Dominion

100

7,000,000

Bank

Imperial Bank of Can

"lOO

6

100
20
100

150

32

:rj»:

QUEBEC

200
34

Per

Montreal—

86,000,000 39,000.000 732.026,760
Banque Oanadlenne. 7.000,000 5,000,000 132,179,207
750.000
18,394,620
1,500,000
BarclaysBk (Canada)
47.099,491
1,000,000
4,000,000
Provincial Bk of Can
Royal Bk of Canada. 35,000,000 20,000,000 743,502.200

Bank of Montreal

♦

WYOMING

Sept. 28

a
c

207 M 209

100

163

100

"115

100

186

outstanding.

June 30, 1938.

d Unit of the Wisconsin Bankshares Corp.
e

Per

CheyenneAmerican Nat Bank-

323,540
289,231

250,000
300.000

Stock Growers N Bk_

5,537,365
7,463,118

Member of the Northwest Bancorporation.

share.
I Last sale.

100
100

x

Ex-dlvidend.

Joint Stock Land Bank Bonds and Stocks
Quotations

Bid.

Bond*.
Atlanta

100%

30

35
6

4M
4M

Chicago 4%s
6s

Dallas

100 M

99%

—

Burlington 5s

101

3s

Denver 3s
First Carolina^ 5s

99

for the last day of the month

6
.

M

102

100M

98

99

100

95

Illinois Midwest 5s
Iowa of Sioux

93

City 4 Ms

100
86

Lafayette 5s
Lincoln

4

preceding the date of issue.
Bid.

Bonds.

Ask.

99 M

3s

Atlantic 3s

are

5s

86

Ms

99%

New York 5s

100

North Carolina 3s

99M

Bonds and

Ask.

97
96
101

Bid.

Stocks.

99

Union of Detroit 4 Ms.
5s.

99 M

100

Virginian 3s

89

STOCKS

88

Par

Atlanta

.100

101

Atlantic

.100

39

100M

Dallas

.100

110

102

42

45

Denver

.100

35

99 M

100M

Pacific Coast of Portland 5s—

100

101

Des Moines!

.100

55

99%

First of Fort Wayne 4 Ms.
First of New Orleans 6s__
First Texas of Houston 5s

101

Pennsylvania 3%s
Phoenix 4 Ms

99%
104M

100%
106 M

First

.100

107

108 M

First Trust of Chicago—

100

101

100M

Fletcher 3
Fremont 4%s

102

77

80

78

82

-

5s

Potomac

99%

3s

St Louis 6s
San Antonio 3s_
Southwest 58

30

------

100M
32

Carolina^

PVeemont.Lincoln

...........

99 M

100M

Southern

Flat price.

x

Minnesota

New York.
North Carolina

.100
-100
.100

69

-

5s

73

Potomac

11

13

San Antonio

.100
.100
.100

.—5
.100

100%

101%

Pennsylvania

Ex-dividend.




/

I

-o

3M

.100

Virginia
Virginia-Carolina

5s
Greensboro (N O) 3s

'

45

100M

Ohio-Pennsylvania 5s
Oregon-Washington 5s_-

-

166

100

Sale price.

Common and preferred stock debentures

cent.

100

t Wisconsin Bankshares Corp. no par stock.
National Banks

214

f-

6M

5M

20

1177

55

45

20

7.000.000

i

h*

65
20

85
65

1.55
75

lis""

Quotations are as near as possible for the closing day of the month preceding the date of issue.

Bid.

Bonds.

Ask.

Bonds.

Abraham Lincoln Hotel (Reading,
60
Pa) 1st extd 4-5s 1945
A&O
62
Albany Metropolitan 5-0s 1949-.
Alden (Hotel) lst3-5s 1957-F&A
3534
Allerton 55th St 534s 1945—F&A d 101
Allerton N Y Corp
Cum income 2-6s July 1 1955— /
17
Allied

65

Amer Insur Un Bldg 6a

5034

Non-cum inc 5s June 11949J&J

Adj non-cum inc 6s 1957-M&S
Assoc Realty Bldg <Los Angeles)
Income 5s 1948 (w-s)
J&J /
Baker Hotel (Dallas)—
1st s f 5s 1950 (with stk) -F&A
Bait Parcel Post 534s 1949
Bauman
(Ludwig)—
1st 5s (Brooklyn) 1947
1st 5s (Long Isld) 1951
Beacon Hotel inc 2-4s Apr 1958-- /
Beilevue-Stratford (Phila)—

•

5^8 1935
J&D
Benj Franklin 6s ctfs 1933
Berkeley-Carteret 5 34s '46.M&N
Bing & Bing deb 634s 1950 V&S
{ Income
7s 1950 w-s
M&S
Book Tower (Det) 2-5s *52-(w-s)
Boston Parcel Post 3s Oct 1945—
Boston Postal Serv 534s '38-J&J

B'way Barclay Office Bldg—
1st. 2d 1956
Bway Mot Bldg <N Y) 6s *48 F&A
Bway-Spring Arcade Bldg—
Non-cum 3-5s April 1 '57-J&D
Bway & 38th St 7a 1945
J&J
Bway & 41st St Bldg 3-5s 1944Bklyn Fox Corp inc 3s Oct 11957
Brown Hotel (Louisville)—
1st sinking fund 5s 1949
-

—

-

-

2nd income 6s 1949

18

40 Exchange Place 5 34s 1950.J&J
40 Wall St Bldg 1st 6s 1958

42 Broadway Bldg 6s 1939
J&J
48 St Real'n Corp l-4s__Mar 1952

70

101

39

41"

61
53

1400 B'way Bldg 4-634s stpd 1948
1410 B'way Bldg 3 34s 1941-A&Q
Fox Det Theatre 6s 1942 ...A&O
Fox New Academy of Music

3134
434

3334
534

1st leasehold 6 34s to 1941.M&S
Fox Theatre & Office Bldg

1st mtge 6s 1943

65
59

35

6634

34
19 34

37

46

Bush Term Bldg 1st 5a 1960-A&<
Butler Hall 4-5s 1947
J&J

51

6s

86

100

Eastern Ambassador Hotel units-

Edgewater Beach Apts—
Liq Tr inc 6s w-s '50 Ann Oct /
Edgewater Beach Hotel (Chicago)
Cum inc deb ext53£s '41--M&S /
11 Park Place Corp 4s 1948-.
11 West 42d St new 4s
1st 634s 1945
M&N
80 Broad St Inc 4s Nov 1 1956
80 John St extd 4s 1950
A&O

870 7th Ave 434s
Eppiey Hotels 1st sf 3-5s 1951 J&J

Equitable Office Bldg 5s 1952
Dob 5s Legended 1952
Perry Station P O (San Fran)Ext income 3s 1952—
J&D
Film Center Bldg 6s 1943--A&O
5th Ave & 28th St Bldg 634s 19455th Ave & 29th St Bldg 6s 1948-..
5th Ave & 55th St Bldg 634s 194515 Park Row 4s w s 1952-.50 B'way Bldg 3-6s 1946--.M&S
51 Fifth Ave 4s 1943
A&O
62d & Madison Office Bldg—
1st Leasehold 3s Jan 1 1952
500 Fifth Ave 634s 1949....J&D

Stamped 4s 1949

J Called Jan

1,




J&D

1939. at

100.

-»

—

•

7M
37

34
36

53 34
6234
9

4

6

1st m leaseh

5s

J&D

1946

Greeley Sq Bldg 6s 1951

43

29

27

17
20
4

6

1st

38

30

37

2434
7034

55

33

-

834

73 34

35
103
10234
103
10234
Dec 31
31

Repub

Income 5s Oct 1 1943

80

5

20
65

2634

30

79

/

fixed

"

5s.

91

634

534

/

(Erie, Pa.)—
M&S

f

Loews

49

With stock

50

15

16

Without

com stock
6s debenture 1951

834
834
56

10 i
10

i.

611

3334

3634

75

45

Shelbum.lncfAtiOv

1834

53

2034
3734

2134

69

7134

27

58"

56

26

Stanley

9134

9234

Lombardy (The) 6s 1942—M&N
London Terrace Apts 3-4s'52 J&D
Lord Bait Hotel g m 634® '45 4<vo f
Lord Nelson Hotel s f 4s *47-M&N
Lords Court Bldg 534* 1942. J&D f
Macrid Realty 3s—
Madison Inc (N Y C)—
Mtge cum inc 3-6 34s 1957M&N
Manhattan Towers 6s 1946-M&S f
Marcy (The) 6s 1940
F&A
Mark Hopkins Inc—

32

34

41

y*

60

Marsh all-Wells Bldgs 634s'47

32
32

Strauss-Manhat

'334

64

86

75

97 J

99

conv

s

f 6s

45

27

29

Nat Hotel of Cuba 6s 1959-M&S

24

70
3

Nat Press Bid 3-5s 1950 (ws)

72
15

Adj mtge inc Apr 15 434s 1950.
Natl Tower Bldg 6 34s 1944 A&O
Neisner Bros
Realty, Inc—

22

Conv

s

9634

N Y Athletic Club—

3534
3934

3934

39 *

41

1st mtge 2-5s 1955
N Y Majestic Corp 4s

17
15

16
47
33

4634

J&D /
(w-e) 1956 /

534sl937-York Title & Mtge—
534s series B-I
534s series B-K
534s series C2
—

2SS
26

28"

32

33

52

1834
2634

2834

42

1900 Rittenhou8e 8a (Phlla)—
1st cum income 534s 1945-J&D f
North Station Indus Bldg (Bost)
1st m s f 5s 1962
-A&O
Oliver Cromwell Gs 1939 ctfs
f
1st 68 1943

One Park Ave 2d

30

32

3034

52

50

/
/
/
/
f
f

s

Seattle-—
M&N f

f 6s '51—M&N

30

48"
33

Wadsworth

4834
39

-

-

-

5034
4034

Bldg(NY) 6s '53 A&O
Walbridge Bldg (Buffalo)—
3s with stock 1950

Waldorf Astoria

(Hotel)—
1954—_„_M&S /

Non-cum Inc 5s

40

30
44

45

6

8

43

40
•

4234

1

3

4434

4334

Wall & Beaver St Corp—
1st 4 34s w-s Nov 1 1951._

-J&J
Warner Bros Hollywood Thea—
1st 6 34s 1941
M&N
Washington Properties Inc 7s 1952 f
Westlnghouse Bldg 4s 1948-A&0
Woodbridge Bldg 5%a '41—A&o

25"

41
•

18

20

79
62

54

5734

2934

30""

28
10

11

37

m.

d Called Feb.

1

at

101.

/Flat price,

n

f

22

-

Nominal.

7s 1940

mm

m

37"

34

—.

e!"
87

57

1634

2034

20 34

18

1954

82

84

5034
7234

5134

46

48"

50

60

33

103 East 57th St Bldg 6s 1941

mm

73

A&O

May 1 '35

Varick St Sta P G (N Y) 6s 1941
Wabash-Monroe Bldg 6s 1953 J&J

-

734

3734

F&A

1st & coll s 1 0s 1938
Van Sweringen Corp 6s

39

4634
31%

85

6

5634

1st 6s 1935

F&A

534s series FI
5 34s series Q

Olympic Inc (The)

4134

2634
734

5M

New

534s series CW-1

2734

25

24

82

Trinity Bldg 534s 1939.
..J&D
Trinity Court Bldg 4s 1941 _M&S
Stamped
Unstamped
Park Ave Bldg 4s
1946
23 Lexington Ave 2s 1950
29th St Towers Bldg 3s 1942---- f
2124-34 Bway Bldg 55i«
-1943
2480 Bway Bldg 2d mtge 3s 1944Tyler Bldg 6s ]w-s) July 1 1953—
U S Realty & lmpt 6s 1944
Vanderbilt Ave Bldg Corp—
1st leashold fm» 1944-J&J 15 /
Van Sweringen Co—

N Y Postal Service Station—

41

23

21

39

—

43

J&D 15

f deb 6s 1948

21

1st 4-5s (ws) 1958
M&N
Textile Crafts Bldg 6s w s 1944—

9834
68

28"

3134

M&S f

.

M&N

1948

27

1088 Park Av Corp 2 54-5s'53 M&S f
Textile Bldg 1st 6s 1958
M &N
Gen 7s s f w w 1948
M&N f

"334

100

6s '33-J&D f

Non-cum Inc 6s 1958

100

72

234
1334
1334

6s 1945-J&J f

conv

8634

8

Taft Rlty (New Hav) 6s'40 A&O f
Income 3s w-s 1951
f
10 East 40th Street Bldg 5s 1953-

84
96

8434

8534

90

1942

Stone & Webster Bldg (Boston)
5s
1947
—M&S

234

45

KBt 534®

Certificates of deposit..
Income 5a W-S 1956

434

334

Real

Stevens Hotel (Chic)

99

44

29

103

1945.

—M&N /
Steuben Bldg (Chic) 6s 1943 M&S /

~

93

F&A

5 34s

44

Merchants Nat Prop 4s 1958(w s)
1st

45

1

*45
J&D
State-Randolph Bldg (Ghicago)-

50

47

82

Metropolitan Corp (Can) 6s 1947
Metropolitan Playhouses—
Debenture mtge 5s 1945—F&A

4434

4034
36

Speed Building (Louisville, Ky)-

77

Metropolitan Chain Properties—

43

9H

17

616 Madison See Madison

24

Office Bldg

50

634

234

J&J

Sixty-one Broadway Building
3 34s 1950 with stock
A&O
Income 3-3 Ha stpd 1955

Income 5-6s

9834

534

.

Southern Hotel (Memphis)—
6s 1953
J&J

Mayflower Hotel( D O) 6s 1950—
Mercantile Properties, Inc—
Sec s f 534» 1946
.J&J

3434

40

Sherneth Corp 2s (w-s) Jan 1 '56_
60 Park Place Bldg 3 t48-5s—1947

75

50

3134

30 H
58

Schuyler-Hudson 4s 1947
!
Sevilla-Bilt Hotel 734s '37 ctfs.

63

Theatre

1st income 6s Feb 1 1952

17

15
15

J&D

6s, 1941—M&N

&

53

27

J&D
J&D

Loew State Bldg (Los Ang) 6s '42
Loews Theatre Rlty 6s '47 M&81*

9234
7434

52

83

-M&N /
Stanley-Mark Strand 034s 1941

51

9134
7234

Midland

8

Oct f

60

F&A f

81

23

J&J
Ann

42

1st 4-5s exten to 1948
Lefcourt State Bldg—

3734

Schulte Real Estate 6a 1936—

54

Lefcourt Manhat Bldg—

F&A
Mtge & Title—
Guar 534s ctfs of deDoslt
'f
Lincoln Mtge Co 5s (w-s) 1948
f

6

1943

Savoy-Plaza Corp—
3s (w-s) 1956

81

51

Income 534s w s 1963

51
14

3

52

21

Lincoln

t!H

63

1st 4s 1957.
M&S
Rus8 Bldg. 'San Fran.)6s '51 F&A
St Charles Hotel (Atl Cy) 4s 1945 f
St Louis Post Off 534s 1938.A&O
f
San Fran Paramount Corp—

57

Lincoln 42d St Corp—

83

75

Roxy Theatre 634s to 1940-A&O f

29

70

Lewis Morris Apts 1st 4s 1951

81

4834

Robert Treat Hotel (Newark)—
6s 1943
J&J f

68

Extend 1st 4-6 34s 1948
Lenox Hotel inc 5s 1950

14

J&J f

Rittenhouse Plaza 234s Jan 1 1958

4834

1948

5934
45

Deb 5s series A 1959
M&S f
income deb 6s ser B 1959.M&S f

4634

4634
6534

6s

1083^

Bldg(Denv) 3-5s'49_M&S f
Properties—

Retail

8*

Syracuse inc 3s 1955

Lawrence Hotel

Va
7 534
12 34

Realty Assoc Sec Corp—

3134

28

Hotel St George 4s 1950

LaSalle Wacker 5s
Units

4

f

M&N f

2134
2834

Keith Memorial Bldg 6s 1943—
Lake Sh Ath Club (Chic) 634s '45

101

20

f

1st extended inc 5* 1950--J&D
/

(Boston) 1st 6 34s 1943—F&A /
Jagels & Bellis Realty 6s '48.M&S

59
35
10

1434

f

Quincy Station P O (Chicago)—

Hotel Taft Corp 5s 1947
F&A
Insurance Exchange Building

36

42

f

25

Lexington units

Hotel

6

98

f
f

54

Hotel Sherman Inc 1st 5s 1957

2234
6834

17
30

Provident Loan Society 0% ctfs_. f
Prudence Securities Corp—

43

41

4434

s

Hotel

57

1st mtge leasehold sf 3s '64-J&J
Park Place Dodge Corp 6s Ytc '62
f
Penn-Haris Hotel 6s 1943—_ A&O

Gen income 5s 1983

102

f income 5s May 1 1948___
Hotel Drake Corp inc 3-5s '53F&A
Hotel Governor Clin 6s '48-A&0

18

50
69

Paramount Bway Corp.—
1st M a f 38 loan ctfs 1955 F&A
Park Oresent 1st 6s 1940
M&S /
Park Lexington Co Inc—

Herald Square Bldg

19
23

37

1947-M&N

to

■

10
40

/

Pantages 'Alex) 6g

71

Feb f

HarrimaD Bldg 6e 1951
M&N
Hartford Times deb 43^s '51 M&N
Hearst Brisbane Prop 6s 1942

18

48

General s f 7s 1941_
F&A f
Ore Paramount Corp 4s '57 M&S
Orpheum Th & Rlty 2-6s *46 M&S
Palace ilotel(San Fr) 5s '45-F&A

Income 534s ser A 1961 —M&N

234-5s 1957 (with stock)
/
Graybar Bldg (East Offices inc)—
11

14
75

Pennsylvania Bldg6s 1939 .M&N
Pierrepont Hotel 3-4s 1951
Pitts Hotels Corp 1st 5 V4s '48**4J
Mtge cum inc 5s May 1962_—
Conv cum inc deb 5s May 1967
Voting tr ctfs for common
Poll New Engl Theatres 6s_1958

534

434

Bid.

103rd & West End Ave—
Income 5s June 1 1942
J&D /
110 So Penn Ave (Atl City)—
6s 1944
—J&D /
165 Broadway Bldg 53^8 '51 f*a

Grant Bldg (Pittsb)—

Construction—

Columbus-Venetian-Stevens Bldg
(Chic)
1st
leasehold
inc
3-5s, 1955
M&S f
Congress Square Hotel (Port Me)
5 lis 1946
M&N
Court & Remser. Hte Brooklyn)
Bldg Corp 1st 8 f 3 34-5s__.1940
Davidson R lty 6s w w 1940 A&O
De Paul Hospital 1st & ref
3-3 34-3 34-4s 1939-1947--Q-Feb
Detroit Hotel 6Hs to 1941...M&S /
Detroit Leland Hotel 5s Oct 1 '52 /
Dorset Hotel 1st partic 2s 1957.

•»

J&D 1100
Buildings (Chicago)—
554s to 1940
J&D / 2434
Governor Clinton Co Inc (N Y C)
1st mtge 2-4s 1952
29
M&S
Granada Apt Bldg 6s 1938--M&S /
25

50

48

12"

lsts f4-4 34 s 1948(w-s)—A&O
Colonial Apartments 6s 1937

82

Garrett

50

Golonade

75

15

J&J

1944

634

,434

41

Gair Realty Corp 5s 1948

934

Central Zone Bldg inc 6s. 1941

Century Parkway 6s 1956
Chain Store Depot 6s 1940--M&S
Ohanin Building—
1st Leasehold inc 4s 1945.M&S
2d Leasehold inc 2s 1945-M&S
3d Leasehold inc 1st 1945-M&S
Chesebrough Bldg 6s 1948--A&O
Chicago Evening Amer 6s 1939—
ChicHerald & Exam 614s'50 M&S
Cigar Stores Realty Holdings—
S f dep 534 s 1949 ser A
J&J
Circle Theatre extd 6s 1946.M&S /
Cleve Term Bldg 1st 6s 1941.J&J
Stamped
/
Unstamped..
/
Cleveland Theatre gen 5s 1944

434
334
39

Fuller Bldg (G A F Realty Corp)
1st 2 34-4s (w-s) 1949

53

Cambridge Court Apt 6 lis 1937Cent Manhattan Props 5s'46M&S
--

A&O

Income 3s 1957
/
Fox St Louis Theatre Bldg—
lsts f 634s 1942
A&O /

91

Bryant Pk Bldg (NY) 6H«'45J&J
Budd Realty 6s June 1941—J&D
6s Sept 1941
M&S

22
23

1528 Walnut Corp 6s (w-s)
1512 Spruce St (Phila)—

Arcady-Wilshire Co (Los Ang)—
Arrowhead Lake 7s 1944-47-J&D
Assoc Chain Store Realty—
1st mtge coll 534s 1957---J&J
Cum income 6s 1957
A&O

20
21

/

Eonds.

40

9934

*41-M&N f

Ask.

3834

Owners Corp

1st income 4-5s 1958
J&J
r
Debenture 2-4s 1963
J&J /
Ambassador Hotel (Los Ang)—
Non-cum inc. 3-5s 1950—A&O f
Arcade Bldg & Rlty (Seattle)—
3-6s 1948
J&J /

Bid.

1500 Walnut Corp (Phila)—
1st 6s 1950

-

A&O

A: Last sale.

\

Jan., 1939]

MONTHLY REVIEW
(Continued from page 18)

to a discount of 1 1/16% on Dec.
14, and again on Dec. 27,
closing the month at a discount of 1 1/64%."
Changes in the gold holdings of the Bank of England
during December were as follows:
For the week ended

$4.63%@$4.64 7/16. The high for sterling in December was
$4.69%, on Dec. 6, and the low $4.63% on Dec. 31.
LONDON CHECK RATE

ON PARIS AND PRICE

IN LONDON

OF GOLD

Dec.
Mean

London

Check Rate

Open Market

on Paris

Gold Price

178.22

Dec.
Dec.

19

177.52

148s.

8d.

Dec.

20...

177.40

148s.

lOd.

177.16

149s.

3d.

London

London

Check Rate

7

Open Market

.

Dec.
Dec.

1_._2

177.87

148s. 6Md.
148s. lid.

Dec.

3

177.77

148s.

Dec.

4

Dec.

5

177.67

148s.

Dec.

21...

Dec.

6

177.51

148s.

Id.

Dec.

22...

177.09

149s.

Dec.

7

177.39

148s.

5d.

Dec. 23...

177.12

148s. lid.

177.09

149s.

Dec.

Dec.

Dec.

7^d.

SUN DAY

8

3J^d.

17...

177.61

148s. lid.

Dec. 24...

9

177.57

148s. lid.

Dec.

Dec.

10

177.42

148s. lid.

Dec.

11

Dec.

12

177.56

Dec.

13

177.75

Dec. 26

SUN DAY

177.15

28...

177.09

29...

177.09

Dec. 30...

176.90

149s.

Dec.

176.77

149s.

Dec.

14

177.70

149s.

15

177.66

148s.

8d.

Dec.

16

177.60

148s.

Vid.
5 y2(i.
7^d.

In

commenting on the foreign exchange situation during
December, the Federal Reserve Bank of New York said in
its "Monthly Review" for Jan. 1:
"During the month of December outstanding develop¬
ments in

the foreign exchange market were the continued
large repatriation of capital to France, a halt to the decline
of the pound sterling, a brief period of weakness in the
belga, and the imposition of exchange and trade restrictions
in

New

"The

Zealand.

repatriation

French

of

capital,

which

had

begun

after the announcement of the Government decrees in mid-

November, and which reached
general
Labor

called

strike

by

peak

a

the

on

Nov. 30 when the

General

Confederation

of

failed, continued into December in considerable vol¬

and resulted in the acquisition by the French exchange
authorities of substantial amounts of gold and foreign ex¬
ume

change.

Italian

rupted

the return

The

in

success

agitation
flow of

for

Chamber

the

French

capital
of

possessions

inter¬

to Paris

only slightly.
of the Daladier

Deputies

foreign policy and of the Reynaud 1939 budget were favor¬
ably interpreted by the foreign exchange market and added
impetus to the repatriation movement.
It was estimated

by Finance Minister Reynaud on Dec. 8 that the gain of
gold and foreign exchange by the French Stabilization Fund
from Nov. 1 to that date had been the
equivalent of 6,000,000,000 francs.
Further gains during the rest of the month
raised

the

franc

total

far above

advanced

London

pound

this

figure.

In

New

York

the

the
gain from 178 5/16 francs per
Nov. 30, to 176 13/16, or the best quotation since
a

May 4.
"The pound sterling moved within a range betwen
$4.70
Dec. 5 and $4.65% on Dec. 30,
compared with $4.68% on
Nov. 30.
This leveling off, which followed the
more

than

13c.

between Nov.

7

and Nov.

sharp decline
26, was due in

large part to short covering which, in turn, was influenced
by greater than seasonal tightness in the London money
market.
Difficulties experienced by bear speculators in
extending their short commitments in the forward market

indicated by weakness in forward
quotations for the
pound, which recovered on Dec. 29, however, after year-end
positions had been adjusted.
The discount on sterling for
were

three months' delivery reached the equivalent of

2%%

per

more

than

compared with 1%% on Nov. 30, while
discounts for one-month sterling reached the
equivalent of

3%%

annum,

per annum, compared with

creased

forward

short

cost

of

renewing

market

resulted

the
in

1%%

large

on

Nov. 30.

The in¬

short

position in the
substantial liquidation of

a

positions

mercial

in sterling.
The continued strong com¬
demand for dollars and the intervention of British

exchange authorities kept rate movements within a narrow
range, despite the seasonal movement of funds to London
for the year-end.

"The

belga

the

month.

the

abled

was

The

addition

resignation of
of

two

Finance

Minister

Gerard

Ministers to his Cabinet

new

Premier Spaak to gain

en¬

vote of confidence.

a

convertibility of the New Zealand pound into the
pound sterling was suspended by the Reserve Bank of New
on

Dec. 6 at the

same

time that

system of export
and import licenses was instituted for New Zealand
foreign
trade.
A high level of merchandise
imports and a flight of

capital,

which

had

Reserve Bank and

depleted

a

the

sterling reserves of the
of the trading banks, were indicated as

the proximate causes

of the

restriction.

the

exception

of

a

no significant de¬
slight weakness in

Canadian exchange during the month, attributed in the ex¬
change market to year-end dividend disbursements by Cana¬
dian

companies

count of

India.

On the West Coast
receipts totaled $21,300,000, of
$14,600,000 came from Japan, $4,800,000 from Aus¬
tralia, and $1,900,000 from China.
"In addition, there was a gain to the
gold stock through
release of $12,600,000 from earmarked
gold held for
foreign account in this country^
As a result of these re¬
the

ported
the

21/32%

transactions

and

other

Treasury, the United

unreported acquisitions

States gold stock

by

increased

was

during December by approximately $200,000,000, which

com¬

pares with a

gain of $247,000,000 in November, $305,000,000
October, and $624,000,000 in September.

in

"For

the year 1938 the gold stock of the United
approximately $1,750,000,000 as compared with
of $1,502,000,000 in 1937."

States

rose

gain

a

Canadian exchange was
relatively easy during December,
due largely to uneasiness caused
by the European

situation,

although the Canadian dollar is not pegged to the
pound
are
most of
the Empire currencies.
Montreal funds
ranged during the month between a discount of
%% and a

as

discount of

1%%.

CONTINENTAL AND OTHER FOREIGN EXCHANGE

French

francs grew steadily firmer with
respect to the
throughout December, though the rate in terms of
the dollar ruled relatively
easy, as being linked to sterling
the franc reflected, in a
measure, the easier tone of the

pound

pound.
When

the franc

istry fixed the
the pound.

It

devalued

was

the French

devaluation

upper

limit

then asserted that in

was

Finance Min¬

at
no

170

francs

to

would the

case

be

permitted to fall below 179 francs to the
pound.
The unit ruled close to 177.50
during the greater part of
the month, often
selling at 177.09, and on Dec. 31 strength¬
ened

to 176.75.

The improvement in the franc reflected a
fidence on the part of French investors as

return of

con¬

a result of the
Daladier decrees to effect economic and
financial rehabilita¬
tion.
French funds were repatriated
throughout the month
from London and other
centers, and while exact

figures

not

were

published,

it

was

generally

believed

that

as

a

result of this movement the

enabled

gold

to

add

not

French equalization fund was
than 12,000,000,000 francs to its

less

reserves.

Because

of

the

decided

decline in the sterling rate in
during December the belief spread that the French
authorities might temporarily at least detach
the franc
from sterling and keep it related to
the American dollar
Paris

at the rate of about 38 francs to the
dollar.
that if the French

out

exchange

the

franc

effect
wise

on

to

the

dollar

at

It

authorities

was

were

pointed
to

peg

around

2.63c., an inflationary
economy would be avoided, which other¬

French

would be inevitable

were the franc tied to a
steadily
In New York the franc
ranged during
2.62 3/16 and
2.65, selling well above
2.63 for the greater part of the
time.
Italian war threats against
French

the

month

the

franc

depressed

were

encouraged to believe toward
the end of December that
they would be successful in main¬
taining the inflow of capital from London and in
its movement

Despite
marked
vestors

to

to

the

evidence
to

New

lend

preventing

York.

improved

French

position, there was
part of French
the Government

of eagerness on the
their funds either to

private interests.

cated

The reluctance of investors

the

Amsterdam

market

for

funds to

assist

Dec.

27

the

French Government
announced
000,000 guilder 4% 30-year loan at
95, callable at
after three years at par.

a

French
175-

a

any

The loan

was

syndicate headed

or

to resort

the

railroads.
On

no

in¬

indi¬

was

by the fact that the Government again had

time

arranged through

by Mendelssohn & Co. of Amsterdam
including the Netherlands Trading
Society, the Credit
Suisse, and the Swiss Banking Corporation.
The

in

Holland

dis¬

With

on

Nov. 30 the Canadian dollar weakened

certain

From

a

bonds

guilders

and

Swiss

francs

at

100,000,000 guilders to be issued in Holland
guilders in Switzerland.

American




territory

only temporarily.

The French authorities

to

stockholders.

between

and

"Markets for other currencies recorded

velopments, with

"Monthly Review" of the

which

to

"The

Zealand

the

falling pound rate.

subjected to a speculative attack during
December because of political difficulties
experienced by
the
Spaak Government over
the
unemployment relief
features of the 1939 budget and the Belgian
Government's
recognition of the Spanish Nationalist Government.
The
belga declined from $0.1690 on Nov. 30 to a level below
$0.16S4, the point at which gold shipments to New York
become profitable, on Dec, 2, but recovered to
$0.1687% on
Dec. 12, and remained above the gold
point for the rest of
and

in

York
totaling $90,600,000, of which $66,900,000 came from
England, $21,600,000 from Holland, and $2,100,000 from

franc

on

of

follows

as

"During December currently reported gold imports affect¬
ing the United States gold stock included receipts at New

$0.0262 13/16 to $0.0263%, and

showed

rate

cross

on

frqjn

year

Federal Reserve Bank of New York for Jan. 1:

8^d.

31...

a

outlined

were

149s.

on

£327,201,575, which compared with £327,-

1937, of £328,144,903 were the largest in its history.
Details of the gold movement at the Port of New York

149s.

Dec.

at

Oct. 14,

Id.

HOLIDAY

27...

Dec.

stood

earlier, with the minimum of £150,000,000
by the Cunliffe Committee, and with £136,880,000 in the Bank's statement just prior to the suspension
of gold in September, 1931.
The Bank's gold holdings as of

HOLI DAY

Dec.

148s. 10Hd.
149s.
lj^d.

Dec.

28

de¬

recommended

SUN DAY

25...

£205,958, and for the week ended Dec. 28 a
£111,443.
The Bank's. total gold holdings

of

233,343

SUN DAY

18...

Dec.

148s. lid.

177.58

of

crease

crease

Gold Price

Paris

on

decrease of £39,534; for the week ended Dec. 14
of £94,969; for the week ended Dec. 21 a de¬

a

decrease

a

Mean

London

,

113

the

proceeds

the

Government

a

fixed

and

proposes

railway loans of higher interest coupons.

are

ratio,

75,000,000
to

repay

REVIEW

MONTHLY

114

the French budget for 1939
Finance Committee. It called

Toward the end of December
was

reported to the Senate

for

expenditures

Janeiro ranged between

94,007,000,000 francs.
The French
estimated at 250,000,000,000 francs.
outlay for 1939 is ordinary rev¬
66,117,000,000 francs, leaving 27,890,000,000 francs
income

national

of

was

Available for the proposed
of

enue

raised by loans.
the high level of expenditure with rela¬
tion to income, the spokesman for the committee submitting
the budget figures said the country could not long support
such a burden, so that business recovery was indispensable.
Thus the committee confirmed criticisms made in the Cham¬
to be

In commenting on

Deputies a short time before that in order to
the country's position tolerable, the national income
ber of

22.90.
The official rate on Rio de
5.86 and 5.90.
Exchange on the Far Eastern countries was largely influ¬
enced by the trend of sterling.
The London price for silver
was
20 l/16d. on Dec. 1 and 20 l/16d. on Dec. 31.
The
Hongkong dollar was 29.17@29 7/16 on Dec. 1 and 29.03@
29% on Dec. 31.
The Shanghai dollar was 15.83@16% on
Dec. 1 and 16.28@16% on Dec. 31. Yen checks sold at 27.24

make
must

330,000,000,000 francs.
Paris cable trans¬
fers sold on Dec. 1 at .2.62% @2.63 1/16, and on Dec. 31
at 2.62 5/16@2.62 13/16.
Belgian currency, after a considerable period of relative
firmness, eased off in December.
The ease was due largely^
to year-end requirements and the movement of French funds
from Brussels.
The unit was also subject to speculative
attack because of political difficulties encountered by the
to

increased

be

Government over the unemployment and relief
1939 budget and' recognition by the Belgian
Government of the Spanish Nationalist Government.
Belga
cable transfers sold on Dec. 1 at 16.88% @16.90%, and on
Dec. 31 at 16.84@16.84%.
German
marks were held generally firm and steady
Spaak

features of the

throughout December by the exchange control at Berlin.
It became increasingly apparent in December that Germany
is in serious straits due to its lack of foreign currency, but

banking situation were not available
and such" figures as were published from time to time by
official sources did not afford a reliable index of the situa¬
tion.
The Reiehsbank showed no change in gold holdings
from week to week, carrying its reserves at 70,773,000
marks and the Bank's ratio of gold and foreign currency
to note circulation ranged from 0.99% to 1%.
The so-called
free or gold mark was quoted on Dec. 1 at 40.05% @40.07%,
figures relevant to the

and

@27.30

Dec. 1 and at 27.03@27.07 on Dec. 31.

on

>-*OC0Q0*4OCnrf^CA3 tOh-4 OOOOS

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ufl

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4. 4. 4k 4k 4k

4^4i.4.U4k4k4k4k4k4.VJ4k4k4.4k4k4k U

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*

BX £ £X

SfX.=XXX

XXXXXX

~£&

4k 4k 4k 4k 4k

4. 4k 4k 4k 4k 4k

4k 4k 4k 4k 4k 4k

4k 4k 4k 4k 4k 4k

4k 4k 4k

xxxxx

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xxx

xxxxx-

x=x

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a

a

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.

4k 4k 4k 4k 4k

a

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to co 4k ocn

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Dec. 31 at 40.10% @40.14.

on

lire hardly fluctuated

Italian
were

and

22.55

between

transfers

during the month as rates

by the strict control at Rome.
Cable
Rome sold on Dec. 1 at 5.26% @5.26%, and

steady

held

on

®

4k

4. 4k 4^ 4. 4k 4>

4k 4k 4k 4k (fk (fk

o'oo'oo

OOOOOO

to CO 4k Oi Oi

4k Oi Cn O O O

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»4 -4

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4k

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OOOOOlO

£
-•

a

-XX

4k 4k 4k 4k

X

«XXX

o

5

das
a «

^

Dec. 31 at 5.26% @5.26%.

on

neutral during the war was
although frequently affected
by the pressure on sterling and by capital movements.
The
firmness in the French franc induced some repatriation of
French funds from neutral centers, while the outflow of
Jewish capital held in Holland and Switzerland to New
York depressed rates for guilders and Swiss francs.
In
the early part of the month the repayment of the French
gold guaranteed railway loan effected through a syndicate
Exchange on the countries

relatively steady in December,

4k 4k 4k 4k

CO 4k

4k Cn O

4k4k4k4k4k4k

4k 4k 4k

OOOOOO
OO-4-klCOOO

OOO
"O ^4

r

X£=£X
DAILY RATES

X£

Sf
aaS

«

OF FOREIGN EXCHANGE

France

Switzerland

Portugal

Franc

Franc

Escudo

Cables

Checks

Checks

Cables

Dec.

1-.

,62Ma2.63ii# 22.71 Xa.72% 22.72

Dec.

2..

.63

Checks

022.73 4.2456o4.26
o22.72 4.23 J6a4.2756

Deo.

2.62Ha2.62J*
2.62%a2.63H
3.. 2.63Ha2.63M

Throughout the month it was reported that investors in
Holland and Switzerland were sending funds to the New

Dec.

4_.

Dec.

5..

2.64ii«a2.64^

Dec.

6..

2.64Ha2.64H

a.7056 4.24Ha4.2756
SUNDAY
a.6756 4.255604.28
,64»i#a2.645* 22.63Ha22.67 22.64
22.62
0.62H 22.62 56 022.63 4.255604.28
,64^a2.65

from

Dec.

7..

2.63#iea2.64K

,63^a2.647i# 22.62

headed

Mendelssolyi & Co. of Amsterdam on Nov. 10

by

temporary firmness to the

gave a

and

market

York

guilder.

short-term

withdrawing

funds

Dec.

London.

Dec.

beginning of December the Netherlands Bank
holdings in excess of 1,481,000,000 guilders.
gold stocks are still valued at the old parity, and
their actual market value is therefore about 22% higher.
At

the

showed

gold

These

for a few months earlier, the
Netherlands Bank continued to send gold to New York for
Throughout

December,

as

earmarking.
It is understood that fully one-quarter of
the Bank's total gold reserve is earmarked with the Federal
Reserve Bank of New

Toward

the end

of

Scandinavian currencies

sterling.

a2.62%

2.62

2.62^o2.62^
2.62^a2.62 X
Dec. 15.. 2.63Ha2.63M
Dec. 16.. 2.62J4a2.63H

Dec. 13..

Dec. 14..

Dec. 17..

a2.63M

2.63

022.65 22.62 56a.65 56
022.65 22.64 56a.6556
,62%c2.63H 22.64
22.62
0.63H 22.6256a22.64
62^a2.631u
a.6156
,63h#a2.63»i# 22.59Ha22.61 22.60
SUNDAY
22.60
022.64 22.6056a.64 56
,62*i#a2.63
a22.63 22.62 56a.63 56
,62Ha2.625i 22.62
0.62H 22.6156a22.63
.62 ^a2.63 H 22.61
a.61 H 22.6056a22.62
,63Xa2.63X 22.60
a.61H 22.60 56a22.62
,63
a2.63si# 22.60

.63^02.63^ 22.61 Ha.62H 22.62

moved

in

close

2.63Ka2.637i#
Dec. 20.. 2.62Jia2.63H
Dec. 19..

02.63H

2.63

2.63^a2.63^
2.63}<a2.63H
2.63Ma2.63H

Dec. 23.
Dec. 24.
Dec. 25..
Dec. 26.

4.24

4.23%o4.2454
4.23 56a4.26
4.24

o22.63 4.25

,63Ha .63i*i# 22.57Ha22.59 22.58
,637i#a2.63 56 22.57Ha.58H 22.58

,637i#a2.6356 22.57Ha.58H 22.58
SUNDAY

a.5956 4.24

2.6211i#a .62^

2.62^a2.62«4

.6215,ea .63% 22.56a22.57
.625lta .62»u 22.54o22.55

22.54 560.5556

Cables

Checks

Pengo
Cables

Guilder cable transfers sold on Dec. 1 at 54.36%
@54.39%,'and on Dec. 31 at 54.39%@54.41.
S,wiss cable
transfers sold on Dec. 1 at 22.72@22.73, and on Dec. 31 at
22.54% @22.55%.
Cable transfers on Sweden were 24.09%
@24.13% on Dec. 1 and 23.90@23.91 on Dec. 31.
Exchange on the South American countries was held
steady in December by the various exchange controls.
Argentine paper pesos showed more freedom and were

Dec.

3.. 40.06

Dec.

4__

Dec.

5.. 40.07 56a.09

States

United
that

Department of Commerce reports indicated

Argentine prosperity declined gradually during 1938,

business
active, aided by reserves carried
year.
Argentina's exports declined
10 months of 1938, while imports
although

1937
about

most

level.
the

lines

of

remained
over from the previous
sharply during the first
remained, at almost the
and

industry

Peru's business in general in 1938 declined to
1936 level

after exceptional

gains during 1937.

Imports continued relatively large, while export values were
by lower prices.
The official quotation for ex¬

reduced

change

on

Buenos

during December.




Aires ranged between 30.96 and 31%
The unofficial or free market range was

019.80
019.80

19.64

019.80

19.64

019.80

al6.83 16.82 56a.83 56 19.64
016.83 16.82 56a.83 56 19.64

O19.80

Dec.

Dec. 10- 40.07

Dec. 13..
Dec. 14..
Dec. 15..
Dec. 16..
Dec. 17..

Dec. 18..

019.80

19.64

9.. 40.06 56a40.09 40.07

Dec. 12..

019.80

19.64

Dec.

Dec. 11..

019.80

SUNDAY

O40.10 16.83al6.83 56 16.83 56al6.84
56 40.08
016.83 16.82 56 a.83 56
6.. 40.06 56a.08 56 40.07 * O40.09 16.82
al6.84
40.07a40.08 56 16.82 56a.83 56 16.83
7.. 40.06 56a40.08
016.84 16.83 56a.84 56
40.06a40.0856 40.06 56a40.09 16.83

Dec.

Checks

19.64
O40.07 40.05 56a.07 56 16.88%a.905£ 16.88 % a. 90 H
16.83
al6.85 19.64
56a40.08 40.06a40.0856 16.82 56a.84 56
19.64
O40.08 40.06 56a.08 56 16.82016.82 56 16.82 56al6.83

1.. 40.05
2.. 40.05

Dec.

4.22 56

Hungary

Belga

Retchsmark
Checks

22.56 56 a.57 56 4.2256a4.24

Belgium

Germany

Dec.

The

04.2556

022.59 4.2356a4.25 54
022.59 4.24 56 a4.2556

HOLIDAY
04.2556
a.5856 22.5756a22.59 4.24
.63^0 .62"i# 22.56a22.5756 22.56 56 a.57 56 4.23Ho4.2556
22.5756a.5856 4.2356a4.25
63i4a2.637is 22.57a22.58

Dec. 30.

Dec.

dollar-sterling rate.

a4.26

a.62 H 22.62 56a22.63 4.2456a4.26
022.62 4.24
04.2554
.63
a2.63H 22.60Ha.61H 22.61
a22.60 4.23 56a4.2656
.6356a.63Hi# 22.57Ha.59H 22.58

Dec. 29.

movements of such

inclined to move in relation to the

a4.26

4.2456a4.26
4.2456a4.2554

.63 M a2.6356 22.57

Dec. 28..

These countries have not provided havens

positions.

a4.26

4.2356a4.2556
4.23J6a4.2656

.63 56 a2.63#i# 22.62

2.63^a2.63H
2.63Ma2.63M
2.63^a2.63K

Dec. 27.

sympathy

refuge for large-masses of fugitive capital, so that the
funds had no effect on their exchange

4.25J6a4.27

SUNDAY

Dec. 18..

Dec. 31,

The National Bank of Sweden had also
earmarking gold in New York for several months

previous to December.
with

Dec. 12..

Dec. 22.,

equalization fund.

The

Dec. 11-

Dec. 21..

York.

of the month the Holland Government

reported that the partial transfer of gold reserves of the
Netherlands Bank during the year was of a technical char¬
acter in connection with the operations of the Netherlands
been

Dec.

2.62Ma2.63J^
9.. 2.62 %a2.63
10.. 2.63^02.63^1#
8-

a2.63 5i 22.70Ha.71 % 22.71
22.68Ha22.70 22.69
,63Ha2.64

O40.10 16.82

O40.09 40.07 56a.09 56 16.82

019.80

SUNDAY
16.85 56al6.89
40.07 56a40.10 40.08a40.1056 16.85al6.88 56
16.84 56al6.85
40.07 56a40.10 40.08a40.1056 16.84al6.84 56
al6.86 16.84 56a.86 56
40.09
a40.ll 16.84
40.08 56 a. 10 56
016.85 16.84 56a.855i
40.08 56a40.11 40.09a40.1156 16.84
016.85 16.84 56a.85 56
a40.ll 16.84
40.08 56a.lO 56 40.09
a40.ll 16.83 56a.84 56 16.84 016.85
40.09 56a.lO 56 40.10
SUNDAY
16.84
016.85
40.09
a40.ll 40.09 56 a.l 156 16.83 56a.84 56
16.85
al6.86
40.09
a40.ll 40.09 56a.ll 56 16.8456a.8556
016.96 16.85 56a.86 M40.09a40.H56 16.85

19.64

019.80

19.64

019.80

19.64

O19.80

19.71

O19.80

19.64

O19.80

19.64

019.80

19.64

019.80

19.64

019.80

19.64

019.82

19.64
a40.ll 16.86al6.86 56 16.8656al6.87
al6.86 19.64
a40.11 16.84 56a.85 56 16.85
16.85al6.85 56 16.85 56al6.86 19.64
Dec. 24.. 40.09a40.1056 40.09 56 a40.11

fll9.82

Dec. 19—

Dec. 20—
Dec. 21— 40.08 56a40.11
Dec. 22— 40.08 56a.lO 56 40.09
Dec. 23— 40.78

56a.lO 56 40.09

019.82
019.82

SUNDAY

Dec. 25..

HOLIDAY

Dec. 26—
Dec. 27.. 40.08 56a.lO 56 40.09
Dec. 28„ 40.08 56 a. 10 56 40.09

19.65
a40.ll 16.85al6.8556 16.8556al6.86
16.85
al6.86 16.8556a.8656 19.65
O40.10 40.0856a.1056
19.65
40.0856a40.10 16.84al6.85H 16.8456a.8556

Dec. 29..

40.08

Dec. 30..

40 08a40.0956

Dec. 31.. 40.10

19.64
a40.ll 16.85al6.85 56 16.8556al6.86

16.84al6.8456 19.65
O40.13 40.1056a40.14 16.83 56al6.84

019.82
al9.82

al9.82
019.82
al9.80

Jan., 1939]

MONTHLY EEVIEW
DAILY RATES

OF FOREIGN EXCHANGE

115

(Concluded)*

Netherlands

Denmark

Poland

Canada

Guilder

Argentina

Krone

Zloty

Dollar

Peso

Checks

Checks

Checks

Cables

,

Checks

Cables

Dec.

1__ 54.36a54.39

Dec.

2

Dec.

3

Dec.

4_

Dec.

Dec.

5_. 54.36a54.38H 54.37
a54.39 20.95a20.97
654.39
a54.41 54.39 Ha54.42 20.94a20.97
7.
54.39
a54.40 54.39 Ha54.41 20.90a20.92

Dec.

Dec.

Dec.

54.36 Ha.39H 20.87
O20.90 20.87Ha.90H
a54.40 54.38 Ha54.41 20.87
a20.92 20.87 Ha.92H
54.37a54.38H 54.37 Ha54.39 20.91a20.91H 20.91 Ha20.92

18.82ol8.87

Dec.

1

18.82al8.87

Dec.

2,

18.82ol8.87

Dec.

3

Dec.

54.38

4_.

SUNDAY

%a

<y6% discount
H% discount

31.16o31.19

31.17a31.20

56.98

31.16o31.21

31.17a31.22

56.98

2«32% discount

31.21o31.22

31.22a31.23

56.98

31.30

56.98
56.98

SUNDAY

-----

18.82al8.87

Dec.

S.¬

18.83ol8.87

Dec.

6..

18i#a

20.90Ha.92H
54.37a54.38H 54.37 Ha54.39 20.85o20.86H 20.85Ha20.87

18.85ol8.87

Dec.

7

8.

27320

18.85al8.87

Dec.

8

9_

54.32a54.34

"«2a

I8.85al8.87

Dec.

9

2732a

18.85al8.90

Dec. 10-i

-----

Dec. 11

—

-----

Dec. 12.,

-----

54.35a54.38

Deo. 11.

SUNDAY

Dec. 12.

54.34Ha.38H 54.35a54.39

Dec. 13.

54.34 Ha54.37 54.35a54.38

Dec. 14.

54.33a54.35

Dec. 15.

20.81a20.84
20.81 Ha20.85
20.81 HO20.83 20.82a20.83H
54.33 Ha54.36 20.84a20.86
20.84 Ha.86H

Dec. 10.

54.32 Ha54.35 54.33a54.35H 20.87a20.89
54.33a54.36
54.33 Ha.36H 20.84a20.89

20.87 Ha.89H
20.84 Ha.89H

Dec. 17.

54.34a54.36

20.86Ha.88H

Dec. 18.

Dec. 21.

SUNDAY
54.34a54.36 H 54.34 Ha54.37 20.86 Ha20.89 20.87a20.89H
54.34a54.36
54.34 Ha54.37 20.82a20.86
20.82 Ha.86H
54.33a54.30
54.33^0.36 H 20.79o20.84
20.80a20.85

Dec. 22.

54.34a54.35H 54.34

Dec. 23.

54.33a54.35

Dec. 24.

54.34 Ha54.36 54.35a54.37

Dec. 19.

Dec. 20.

54.34^054.37

20.86a20.88

054.36 20.83a20.84
OA

54.33^054.36

Dec. 25.

Dec. 26.

20.83 HO20.85

OO

20 83

20.81 Ha.83H 20.82a20.84
SUNDAY

18.86al8.90
18.86018.91
18.86al8.91
18.86al8.91
18.86018.92
18.89ol8.92

54.37Ha54.40 54.38

a20.78

18.90al8.95

Dec. 31-

54.39

20.71 Ho20.72

18.91al8.95

20.75Ho.77H 20.76

18.89al8.95

Sweden

Norway
Krone
Cables

.

Checks

a24.13 24.09Ha.13H 23.49
a24.14 24.09Ha.14H 23.50

,

Cables

023.53 23.49Ha.53H
023.54 23.50Ha.54H

Dec.

2.

24.09

3.

24.13Ha24.l4 24.14o24.19H 23.53 Ha23.54 23.54o23.54H

Dec.

4.

,08

O2.08

,06

O2.08

O24.20 24.18 Ha24.21 23.58a23.60H 23.58Ha23.61
a24.20 24.17 Ha24.21 23.57
023.61 23.57Ha.61H
a24.14 24.llHa.14H 23.52Ha.54H 23.53
023.55
O24.07 24.06 Ha24.08 23.47a23.47 H 23.47 Ha23.48

Dec.

7.

24.11

Dec.

8-

24.06

Dec.

9.

a24.06 24.03 Ha.06H 23.45
a23.46 23.45 Ha.46H
24.06 Ha24.08 24.07
024.09 23.47 Ha23.48 23.48
023.49
24.03

Dec. 10.
Dec. 11.

,06Ha2.08
,06Ha2.08H

,06Ha2.07H
,05Ha2.07
,05Ha2.07

,05Ha2.07

SUNDAY

Dec. 12.

24.01

Dec. 13.

24.01

Dec. 14.

24.04

Dec. 15.

24.07

Dec. 16-

24.04

Dec. 17.

24.06

O24.04 24.01 Ha24.05 23.42
023.46 23.43
023.47
O24.04 24.01 Ha.04H 23.43
023.44 23.43 Ha.44H
024.07 24.04 Ha24.08 23.46a23.48
23.46 Ha.48H
O24.09 24.07 Ha24.10 23.49
023.51 23.49 Ho.51H
O24.09 24.04 HO.09H 23.46
024.08 24.06 HO.08H 23.48

Dec. 18.

023.51 23.46Ha.51H
O23.50 23.48 Ha.50H

,05Ha2.06H
,05Ha2.07
.05Ha2.07
,05^a2.07H
.05Ha2.06H
.05Ha2.06H

SUNDAY

Dec. 19.

24.07

Dec. 20.

24.01

Dec. 21.

23.98

Dec. 22.

24.02

Dec. 23.

a24.09 24.07 Ha.09H 23.48 Ha23.51
O24.06 24.01 Ha.06H 23.43 Ha23.48
O24.04 23.99
024.05 23.40
023.46
O24.04 24.02 Ha24.05 23.44
023.46

24.02

Dec. 24.

.06

23.41

.04Ha2.07
05Ha2.06H
05Ha2.06H

023.47

23.44Ha.46H

23.43 Ha23.44 23.44a23.44H
024.04 23.43 Ha23.45 23.44
023.46

Dec. 25.

a2.07

23.49a23.51H
23.44a23.48H

24.02 H

24.01 Ha.03H 24.02

.05Ha2.06H

05Ha2.06H

SUNDAY

Dec. 26.

24.01a24.02H 24.01 Ha24.03 23.42 Ha23.44
024.04 23.44
023.45
24.0233a24.03 24.03
024.02 23.40Ha23.43
23.98Ha24.01 23.99
23.94
a23.96 23.94Ha.96H 23.36
a23.38
023.91 23.31
023.32
23.89Ha.90H 23.90

Dec. 28.
Dec. 29.

Dec. 30.
Dec. 31.

discount

31.09a31.11

31.10a31.12

56.98

discount
discount
discount
discount

31.09031.11

31.10a31.12

56.98

31.11031.14

31.12a31.15

31.17

31.18

56.98

31.12a31.14

31.13a31.15

56.98

discount

31.15a31.16

31.16a31.17

llsja
H%
a »i6%
1H alh# %
16i#a 2»32%
1
a
% %
S13ja «#4%

Dec. 16
—

Dec. 22
Dec. 23

1

a

Dec. 24..

1

a

23.43

023.45

23.44Ha23.47
23.41

o23.44

23.36Ha.38H
23.31 Ha.32H

31.16a31.17

15u%
81#4%
81
s»%
"i«%
*i32%

discount
discount
discount
discount
discount

..

56.98

31.17a31.18

56.98

31.10a31.13

31.11a31.14

56.98

31.06a31.11

31.07a31.12

56.98

31.10a31.11

31.11a31.12

56.98

31.10

31.09o31.11

31.11

56.98

31.10a31.12

57.06

SUNDAY
HOLIDAY

Dec. 27

Di#

a

Dec. 28

11ie

a

Dec. 29

D32

a

D32

a

Dec. 30
Dec. 31

56.98

SUNDAY

Dec. 19

—

1% discount
1% discount
15i#% discount

31.09a31.ll

31.10a31.12

57.06

31.10o31.11

31.lla31.12

57.06

31.06o31.08

31.07a31.09

57.06

15ie% discount
*x32% discount

31.00a31.01

31.01a31.02

57.06

30.95

30.96

57.06

Ecuador

Brazil

Chile

Bolivia

Milreis

Peso

Boliviano

Sucre

Checks

Checks

Checks

Checks

Dec.

Cables

1-.

5.86a5.89

5.87a5.90

5.18o5.19

3.50

7.00

Dec.

2__

5.86a5.89

5.87a5.90

5.18a5.19

3.50

7.00

Dec.

S.¬

5.86a5.89

5.87a5.90

5.18a5.19

3,50

7.00

4

Dec.

5..

5.86a5.89

5.87a5.90

5.1805.19

3.50

7.00

Dec.

6..

5.86a5.89

5.87a5.90

5.18a5.19

3.50

7.00

Dec.

7—

5.86a5.89

5.87a5.90

5.18o5.19

3.50

7.00

Dec.

8_.

5.86o5.89

5.87a5.90

5.18a5.19

3.50

7.00

Dec.

9—

5.86a5.89

5.87a5.90

5.18a5.19

3.50

7.00

Dec. 10—

5.87a5.fb

5.88a5.90

5.18a5.19

3.50

7.00

5.18a5.19

3.50

7.00

5.18a5.19

SUNDAY

Dec. U„

SUNDAY

Dec. 12__

5.87a5.89

5.88O5.90

Dec. 13-.

5.8705.89

5.88a5.90

3.50

7.00

Dec. 14..

5.85a5.89

5.86a5.90

5.1805.19

3.50

"7.00

Dec. 15..

5.89

5.90

5.18o5.19

3.50

Dec. 16..

5.8505.89

5.86a5.90

5.18a5.19

3.50

7.00

Dec. 17-

5.8605.89

5.87a5.90

5.18a5.19

3.50

7.00

Dec. 18..

.05Ha2.06H
05
a2.06H
,05Ha2.06
05

a2.06

,04Ha2.05H

7.00

SUNDAY

Dec. 19..

5.8505.89

5.87a5.90

5.17a5.19

3.50

Dec. 20—

5.85a5.89

5.86a5.90

5.17O5.19

3.50

Dec. 21..

5.8505.89

5.86a5.90

5.17a5.19

3.50

Dec. 22..

6.85a5.89

5.86a5'90

5.17a5.19

3.50

7.00

Dec. 23..

5.85a5.89

5.86a5.90

5.1705.19

3 50

7.00

Dec. 24..

5.86o5.89

5.87fl5.90

5.17a5.19

3.50

7.00

Dec. 25..

HOLIDAY

Dec. 27.

Dec. 15.

-----

56.98

Dec.

,06Ha2.08

SUNDAY

24.17

56.98

Di«

Dec. 14..

Checks

Dec.

24.18

31.16a31.18

Markka

Checks

5.

31.15a31.17
SUNDAY

Finland

Krona

6.

discount

Dec. 26

Dec. 30-

Dec.

56.98

Dec. 25

18.88al8.95

Dec.

31.12

a

18.90al8.95

24.09

56.98

31.11

1xm

20.81 Ha.83H
54.34Ha.36 34 20.81o20.83
a54.37 54.35 Ha54.38 20.82,H a20.83 20.83o20.84
O54.40 20.79
54.37Ha54.39 54.38
O20.80 20.79Ha.80H

1.

31.14a31.15

Dec. 21

54.34a54.36

Dec.

31.21a31.25

18.89al8.92
18.90al8.95
18.89ol8.95

54.35

20.71020.71 H

31.29a31.32

31.13a31.14

a

Dec. 28.

a54.40 54.3933 054.41

31.28a31.31

31.20a31.24

discount
discount

1

18.88al8.95

31.29

discount

Dec. 20

Dec. 27.

054.41

discount
discount

Ha

Dec. 13

Dec. 17

253J%
253J%
253,%
25no/0
lsi#%
»H%

16i#a 2«3j% discount

.

18.89al8.95

HOLIDAY

Dec. 29.

18i#a

Dec. 18...

18.88al8.92

Checks

Ha

20.94Ha.97H

Dec. 10.

Peso
Cables

"lea

20.95 Ho20.98

54.32 Ha54.35 20.83a20.84
20.83Ha20.85
54.35 Ha.38H 20.85 Ha.87H 20.86a20.88

Checks

Colombia

7.00
7.00

SUNDAY

Dec. 26„

7.00
•

HOLIDAY

Dec. 27..

5.85a5.89

5.86a5.90

5.17a5.19

3.50

7.00

Dec. 28..

5.86a5.89

5.87o5.90

5.17a5.19

3.50

7.00

Dec. 29..

5.85a5.89

5.86a5.90

5.18a5.19

3.50

7.00

5.85a5.89

5.86a5.90

5.17a5.19

3.50

7.00

5.85o5.89

5.86a5.90

5.17a5.19

3.50

Uruguay

Venezuela

Peru

Dec. 30..

Dec. 31-

7.00

Czecho¬

Spain

Italy

slovakia

Peseta

Lira

Koruna

Checks

Cables

Dec.

Checks

Cables

5.07 H
5.09

5.26
5.26

a5.26H 5.26H05.26H 3.41^o3.42H

Dec.

5.09

5.26

o5.26 H 4.26Ha5.26H 3.41Ha3.42H

Dec.

o5.26 H 5.26H05.26H 3.41H03.42H

SUNDAY

Dec.

4.98

5.26

Dec.

4.97 H
4.97

5.26

Dec.

o5.26 H 5.26Ha5.26H 3.42
05.26 H 5.26Ha5.26H 3.42

5.26

Dec.

4.97

Dec.

4.97

5.26

Dec. 10.

4.97

5.26

Dec. 11-

5.26

03.42 H
03.42 H

05.26H 5.26Ha5.26H 3.42
05.26H 5.26Ha5.26H 3.42
05.26 H 5.26H05.26H 3.42
05.26H 5.26Ha5.26H 3.42

03.42 H

a3.42H
03.42H

03.42H

SUNDAY

Dec. 12-

4.98

Dec. 13.

Quotations

Dec. 15.

5.26

o5.26 H 5.26Ha5.26H 3.42

03.42 H

4.97 H
4.97 H

No

Dec. 14.

5.26

05.26H 5.26Ha5.26H
05.26 H 5.26Ha5.26H
05.26 M 5.26Ha5.26H
05.26 M 5.26Ha5.26H
05.26H 5.26H05.26H

3.42

03.42H

5.26
5.26

Dec. 16.

4.92 H
4.97 H

Dec. 17-

4.97 H

5.26

Dec. 18_

5.26

3.42

a3.42 H

3.42Ha3.42H
3.42
a3.42H
3.42Ha3.42H

SUNDAY

Dec. 19.

4.84

5.26

Dec. 20.

o5.26H 5.26Ha5.26H 3.42Ha3.43H

4.95

5.26

Dec. 21.

4.97 H
4.97 H

5.26

05.26 H 5.26Ha5.26H 3.42H03.43
05.26 H 5.26Ha5.26H 3.42H03.43

4.97 H
4.95

5.26

Dec. 22.
Dec. 23.
Dec. 24.
Dec. 25.

5.26

05.26H 5.26Ha5.26H 3.42H03.43
05.26H 5.26Ha5.26H 3.42Ha3.43
05.26 H 5.26Ha5.26H 3.42H03.43H

5.26

SUNDAY

Dec. 28.

HOLIDAY
5.09

5.26

05.26 H

Dec. 28.

5.09

5.26

05.26H 5.26Ha5.26H
05.26H 5.26Ha5.26H
05.26H 5.26Ha5.26H
05.26H 5.26Ha5.26H

Dec. 29.

5.09

5.26

Dec. 30-

4.96

5.26

Dec. 31-

5.09

5.26

Peso

Bolivar

Sol

Checks

Checks

Checks

Checks

Dec.

61.51o61.85

31.50

20Ha21.00

27.24o27.30

Dec.

61.51o61.85

31.50

20 H
20 H

27.25027.30

29.17a297i»
29.19o297i«
29.23o297i«

Dec.

61.61o61.85

31.50

Dec.

61.75o61.85

31.50

Dec.

61.73o61.85

31.50

Dec.

61.60o61.85

31.50

Dec.

61.47061.85

31.37

Dec.

61.43o61.S5

31.37

Dec. 10.

61.50o61.S5

31.37

5.26H05.26H 3.42Ha3.43H
3.42 »io3.43 H

3.42?4o3.43H

3.42Ha3.43H
3.42?<o3.43H

Yen

27.30027.31

Dollar

SUNDAY

Dec.

20 H
20 H

27.35o27.38

29.29a29H

27.33o27.36

20 H
20 H

27.29o27.33

27.24027.26

29.31o29»i«
29.29o29»1#
29.19a297j|
29.14o20H
29.16o29H

27.19o27.22

29.14o29H

31.37

20Ma20H
20Ha20H

31.37

20%d20%

27.20027.25

61.52o61.85

31.37

20Ma20H

27.24027.27

Dec. 16.

61.44o61.85

31.37

Dec. 17.

61.50o61.85

31.37

20 H
20 H

27.24027.26

20Ha20H
20%a20H

27.21027.25
27.20027.23

SUNDAY

Dec. 11.
Dec. 12.

61.42o61.85

31.37

Dec. 13.

61.42o61.85

Dec. 14.

61.45o61.85

Dec. 15.

27.18027.20

27.23027.27

29.13o29«n
29.15o29»i«

29.20o29H
29.20o29H
29.19o29H

SUNDAY

Dec. 18.

Dec. 19.

61.50a61.85

31.37

20 H

27.25027.28

Dec. 20.

61.35o61.50

31.37

61.39061.50

31.37

Dec. 22.

61.43a61.50

31.37

Dec. 23.

61.40o61.50

31.37

20Ha20H
20Ha20H
20Ha20H
20Ha20H

27.19o27.25

Dec. 21.

Dec. 24.

61.42a61.50

31.37

20 H a20 H
SUNDAY
HOLIDAY

27.19o27.20

Dec. 27

61.42a61.50

31.37

29.14o29H

61.40a61.50

31.37

27.19o27.23

29.16o29si#

Dec. 29.

61.30a61.50

31.37

20 H a20 %
20 H o20 %
20 H a20 Y%

27.17o27.21

Dec. 28.

27.16a27.19

Dec. 30.

61.18a61.50

31.37

20 H o20 H

27.12o27.14

29.13029*1#
29.12029*1#

Dec. 31.

61.07a61.10

31.37

20Ha20H

27.03o27.07

29.03o29H

Dec. 25.
Dec. 26.

Dec. 27-

Hongkong

Checks

Checks

Dec.

Japan

29.19o29H
29.19fl297n

27.16027.24

29.12o29»i#

27.19027.21

29.17o29H
29.14o29H
29.15o29H

27.19027.22

Philippine
Rumania

Bulgaria

Yugoslavia

Leu

Lev

Dinar

Checks

Checks

Checks

Checks

1—

1.23ol.25
1.23ol.25

02.32H

.85Ha.86

.85Ha.86H

2—

.73H0.74
.73Ha.74

2.28

Dec.

2.28

02.33

.85Ha.86H

Dec.

3—

.85Ha.86H

.73

1.23ol.25

2.28

a2.33

.85Ha.86M

.86

Dec.

A

*Xm.

Dec.

5-_

Dec.

6„

Dec.

7—

Dec.
Dec.

8—
9—

.72Ha.74
.73Ha.75H

1.23ol.25

2.28

o2.33

1.23ol.25

2.28

02.33

.85Ha.86H
.85H0.86H

.86
a.86H
.86Ha.86H

.73Ha.75H
.73Ha.75H
.73Ha.75H
.72Ha.75H

1.23ol.25

2.28

a2.33

.85Ma.86

.86

1.23ol.25

2.27Ha2.33
2.28

.85Ha.86H
.85Ha.86

.85Ha.86H

1.23ol.25
1.23ol.25

02.33

2.27Ha2.33
SUNDAY

I

—

12—

1.23ol.25

2.27Ha2.33

1.23al.25

2.27 Ha2.33

1.23ol.25

2.27Ha2.33

15-

.73Ha.75H
.73Ha.75H
.73Ha.75H
.73Ha.75

1.2301.25

2.27

16—

.73H0.75

1.23ol.25

17—

.73Ha.75

1.2301.25

2.27Ha2.33
2.28
02.33

1314—

18—
19-

a2.33

.85^a.86H
.85Ha.85H
.85Ha.85H
.85Ha.85H
.85Ha.86

.85H0.85H
.85Ha.85H

8UNDAY

.85Ha.86

.85Ha.85H
.85Ha.85H
.85Ha.86H
.85Ha.86

,85^0.86

Dollar

Rupee

Guilder

Checks

Checks

Checks

Checks

Checks

Dec.

15.83ol6H

49lsi#a49.90
49i»i«o49.90

54.40a54#i#

34.91034.96

64.53

15.83ol6H

54.38o54»i6

34.90o34.96

54.54

Dec.

15.89ol6H

49l,i#a49.90

54.47o54.60

34.95034.96

54.54

SUNDAY

Dec.

Dec.

15.99ol6H

49»i«o49.90

54.56a54.70

35.03o35.09

54.53

Dec.

15.90O16H

491Ji«a49.90

54.55o54.75

35.01o35.07

54.57

Dec.

15.91al6H

491,i#a49.90

54.47a54»i6

34.94034.97

54.54

Dec.

15.85ol6*i«

49 »i eo49.90

54.30o54.40

34.86o34.87

54.53

Dec.

15.87016H
15.90ol6H

49»i#o49.90

54.28o54.37

34.84034.87

54.49

49»ieo49.90

54.35o54.45

34.89034.92

54.52

34.82o34.83

64.53

Dec. 10
Dec. U

SUNDAY

Dec. 12

15.87016H

49i*i#o49.90

54.25o54%

Dec. 13

15.87al6H

491*16049.85

54.25o54.30

34.81o34.83

54.50

Dec. 14

15.93ol6H

491*16049.85

54.25o54.40

34.85034.88

54.50

Dec. 15

16.06ol6H

491*16049.85

54.39o54.50

34.90034.93

64.50

Dec. 16

16.09ol6H

49i*iea49.85

54.31o54.45

34.87o34.90

54.50

Dec. 17

16.09O16H

49»«i6o49.85

54.31o54.50

34.90034.95

54.51

54.36a54.50

34.91034.96

54.50

SUNDAY

Dec. 18

491*16049.85

Dec. 20

491*16049.85

54.28o54.37

34.84034.85

54.51

16.34ol6H

491*16049.85

54.19

54.37

34.78a34.88

54.50

.85H0.86

Dec. 22

16.50ol6H

491*16049.85

54.2Sa54.37

34.83034,87

54.51

.85Ha.85H

.85H0.86

Dec. 23

16.56ol7.00

491*16049.85

54.25a54.35

34.83034.86

54.51

.85Ha.85H

.85Ha.86

Dec. 24

16.41ol7.00

49i*i«o49.85

54.23a54.37

34.82a34.85

54.51

1.23ol.25

2.28

02.32

21—

.73Ha.75
.73Ha.75

.85Ha.85H
.85Ha.85H

1.2301.25

2.28

02.32

.85 Ha.86

22—

.73

a.75

1.2301.25

2.28

02.33

23—

.73Ha.75

1.23ol.25

24—

.73

1.23ol.25

2.28

a.75

.85Ha.86H
.85Ha.86H

Java

Peso

Dec. 21

1.23ol.25

2.27Ha2.33

a.86H

India

16.11ol6H
16.16ol6H

.73Ha.75

20-

a.86H

SUNDAY

.

1011

a.75H

Settlements

Dec.

Cables

Dec.

Islands

Yuan Dollar

Drachma

Straits

Shanghai

Greece

.85Ha.86
.85Ha.86
.85Ha.86H

.85Ha.85H

2.27Ha2.33
02.33

Dec. 19

25—

SUNDAY

Dec. 25

SUNDAY

26—

HOLIDAY

Dec. 26

HOLIDAY

27-

.73

28—

.73Ha.75
.73Ha.75
.73Ha.75
.72Ha.75

293031

—

a.75

1.2301.25

2.28

02.33

1.23ol.25

2.28

02.33

1.23al.25

2.28

02.33

1.23ol.25

2.28

02.33

1.23ol.25

2.27Ha2.32




.85Ha.85H
.85H0.85H
.85H0.85H
.85Ha.85H
.84Ha.85H

.85Ha.86
.85 Ha-86
.85Ha.86
.85Ha.85H
.85Ha.85H

491*i#o49.85

54.22a54.35

34.83o34.86

Dec. 28

16.54ol7.00

49i*i6o49.85

54.25a54.35

34.84o34.86

54.52

Dec. 29

16.34ol6H

49i*i6a49.85

54.22a54.30

34.80o34.81

54.53

Dec. 30

16.24ol6H

491*16049.85

54.08a54.18

34.74o34.75

54.55

16.28ol6H

491*16049.85

54.00a54.06

34.66a34.69

54.56

Dec. 27

16.46ol7.00

54.51