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ADm, RAKY Jfofje Jjjeposit and Jrust —OF Co BALTIMORE— Capital $2,000,000 Surplus and Profits $4,196,364 CINCE 1876 this Company ^exclusively has devoted itself and conser¬ to the management estates—specializing the whole effort highly trained organization in this business. one of the few trust companies in the vation of of its It is country Edwin G. general has never engaged in which Its Directors are: banking, selling securities, etc. Venable Baetjer & Howard Baetjer Charles H. Babcock Reynolds & Co. Co. William G. Baker, Jr.-£aier, Wails & Howard Bruce.- Chairman of Board of Balti¬ George C. Cutler. President of Safe Deposit and more National Bank Trust Co. E. Asbury Davis -President of Baltimore United of States Fidelity and Guaranty Co. Lyman Delano - Robert Garrett - Chairman of Board of Atlantic Coast Line R. R. Co. Robert Garrett & Sons President of James Lumber Co. Norman James J. Edward Johnston 1 Capitalist Blanchard Randall Gill & Fisher Charles E. Rieman_-../>res. of Western Nat. Bank •. ;'v:,.7 i • ?• v-; J ' 1 A < , V , w", '■ T , ..V' •i Copyright in 1937 by WILLIAM B. DANA Entered <4 Second Class Matter, March 9 as COMPANY, in office of Librarian of Congress, Washington, D. C. Office at New York, N. Y„ under the Act of March 8 1879. 1928, at the Post NO. 7 NEW YORK, JULY 9, 1937 VOL. 10 committee's Bank Quotation Record and ' minority 18 and members, has not significant that the is it opinion in rebuttal. ventured an The majority members of the Senate Judiciary Committee de¬ A The Bank and Quotation Record is one of the companion publications clared the bill "a proposal of the Commercial & Financial Chronicle and is issued monthly, fc year. again be presented to the free representatives of the Single copies are sold Postage outside of United States extra. LONDON OFFICE—Edwards St Smith, 1 Drapers' Gardens, The William Street corner rejection of President's bill by the Senate Ju¬ the bill by the Senate leaders, with E.G. cratic DANA COMPANY, Publishers, B. Spruce Street. New York substitute in the Senate the submission of a Demo¬ loopholes in present The enactment of legislation to close With until the to individuals" prevent evasion was message letter from Secretary of the Treasury of a more with less or developments government character routine centers more the labor of the Acute situation. country, extending strikes in over the Under a bill passed by Congress "during of the tax burden." States involving upwards of 400,000 workers, the , month where "the law itself permits corporations to avoid their equitable share individuals and dozen some and the hn extremely disturbing situation. congressional committee was named to number killed and hundreds eral of Supreme • dustrial strike Organization, instigators. rupted by been members whose With American have industry been the widespread violence, but laws have been W/.\. -A broken. On June 17 President Roosevelt authorized Secre¬ tary of Labor Perkins to appoint a special Board of Media¬ tion to investigate the steel strike situation and to make recommendations for settlement of the differences between the company officials and the C. I. O. order Miss Perkins appointed man of the an administrative Charles P. Taft 2nd Chair¬ as the Board held its a justices if those over 70 years settlement of the controversy, final meeting on June 28, and on Secretary Perkins before sailing for Europe. The substitute The the of Perkins the Mediation on Board made was public by the re¬ by Miss July 1, at which time she is said to have stated settlement. an also revises the maximum number conference table between heads of the four companies and the union and that the only present in such a a representatives, tax of the four com¬ any Committee, agreement with the Steel Workers regardless of the number of em¬ tax it on June 14 was majority June 10 the approved amendments Senate characterized as "a needless, report represented the views of 10 of \- As originally introduced, June 1, shortly before final enactment the legislation dele¬ Treasury, but the bill was to provide for a congres¬ and Under-Secre¬ Secretary of the Treasury Morgenthau tary of the Treasury committee on June 17, and the on Congress, in his special sional investigation. Supreme futile passed the bill gated the inquiry power to the unsparing in its criti¬ utterly dangerous abandonment of constitutional principle." The to to adopt legislation to close the loopholes in the laws. amended Judiciary Committee which On 11. message, unique in American history the Senate cism of President Roosevelt's bill to reorganize the Court, bill creating the President on laws, and the measure wras signed by after President Roosevelt' had urged trial peace." document Tax Evasion evasion and avoidance and of tax The Senate had previously strated by a secret ballot election is not the way to indus¬ a Investigate adopted by the House on June 8 in passing the measure. refusal ployees whom it actually represents, which could be demon¬ In investigation June meeting. Organizing to j Congressional Appointing recommend legislation to eliminate loopholes in the present ■ panies to enter into ■m ; Measure Signs joint congressional committee of 12 to conduct a nation¬ wide the possible hope of settlement lies "We further believe that the M Roosevelt Committee which separate the two sides would be allayed by a man-to¬ the of lower court from 50, in the Congress completed action on June 10 on the "We cannot but believe that the bitterness and suspicion discussion around 75 and original bill, to 20. President Drafted before the Inland Steel Co. reached agreement in the closing days of June, the report said : man of age did not retire. retirement age up to judges who could be appointed downward that it did not seek to place the blame for the failure of a the appointed annually President for those serving past that age. .■ The measure port moves provides that additional justices can be following day Mr. Taft conferred with President Roosevelt and in ; accomplishing As ex¬ Associated Press accounts, the measure was offered as a complete substitute for the original court legis¬ lation which would have permitted appointment of six new plained Relations Board, and Edward F. McGrady, Assistant Secre¬ Without the original Roosevelt bills, the adverse report on were Bloyd K. Garrison, former Chairman of the National Labor tary of Labor, of the Judiciary Committee who approved of 10 members Board, while the other members named Mr. Hatch, it is observed, was one of New Mexico. crat In Roosevelt's bill Democratic substitute for President a Federal judiciary, there was brought before the Senate on July 2 a bill which Would permit three appointments to the United States Supreme Court within the next six months. The substitute was offered jointly by 'Senator Ashurst, Democrat of Ari¬ zona, Chairman of the 'Senate Judiciary Committee, and Senators Logan, Democrat of Kentucky, and Hatch, Demo¬ Efforts have been made to settle the disputes, but without results. v:'' providing for the reorganization of the series of destructive strikes, there has not only a Senate—Senate Group Rejects Offered in Court Original Plan As inter¬ thus Roosevelt's Proposal for Reorganization Substitute Bill for President cities, counted heavily against the Committee for In¬ investigate tax eva¬ legislation. sion and recommend remedial injured, steel plants besieged, streets and roads blocked and martial law declared in sev¬ Jun^ 11, a joint signed by the President and great majority of whom wished to remain at work, created Riots and bloodshed, a whereby the law three methods also proposed sion, should be improved in cases on Morgenthau, in which eight different kinds of tax avoidance and eva¬ he listed during the large extent steel The President quoted a to Congress on June 1. adjournment of the Supreme Court on June 1 and of very rich "by a minority President Roosevelt in a special asked by past month, attention of the Nation lias been focused to a or . October, next otherwise laws tax EVENTS Further refer¬ July 2. on thereto appears below. ence REVIEW OF JUNE—COMMERCIAL AND FINANCIAL free diciary Committee has been followed by the shelving of the CHICAGO OFFICE—208 South La Salle Street. WILLIAM called upon the Senate "that its parallel will never emphatically so people of America." price to the Bank and Quotation Record Is $10 00 U $1.00 per copy. * reject it to $20 in other foreign countries. The subscription that violates every sacred tra¬ dition of American democracy," and y; Term- for the Chronicle are $15 per annum within the United States and U. S. Possessions and Territories; $16.50 in Canada; $18.50 in South and Central America (except Argentina), Spain, Mexico and Cuba, and I inquiry on the need devices to avoid taxes. Roswell Magill were heard by the both testifying at the opening of the for legislation • to , overcome s alleged MONTHLY EEYIEW •A At a conference, June 8, President Roosevelt said Federal and State employees should pay press income all felt he that and that taxes Federal moved from all tax exemptions should be re¬ and State securities, but pointed out problems revolved on constitu¬ tional amendments. He indicated that there is little like¬ lihood of such amendments being approved. that the solution of the two , Congress'Requests $160,000,000 President Roosevelt in Message to Appropriation to Subsidize Ship Construction permit the launching of the "long delayed re¬ habilitation of our merchant marine" were requested on Funds to President Roosevelt in a special message to Con¬ June 8 by The President asked that $10,000,000 be appropriated once for the revolving fund of the United States Mari¬ gress. at and also requested approval of an author¬ ization not to exceed $150,000,000 to permit the Commission time Commission, enter to into contracts for ship construction. Ship - proposal would be inserted in the third deficiency appro¬ priation bill. He said that "over 85% of the present Amer¬ ican merchant marine will be obsolete in five years," and added that "in order to carry out our policy this country immediately." must build ships illustrate To not was either The President noted: in another way, except for oil tankers, there single seagoing vessel of the passenger, combination or general construction in carrying type under cargo for a the problem domestic the the or foreign an trade, American shipyard in 1936 and for the fifteenth con¬ the general cargo carrying type has been built in an American shipyard for foreign trade. During that same period only a few cargo vessels were built for domestic seasecutive year not single a seagoing on ship of and Foreign Commerce Committee on Senate Interstate Commerce Committee The measure represents a compromise between Interstate House 15 and the June June 7. railroads and the government reached as a result of a of conferences between the railway management the series representing 98Ms% of the total mileage of Class I rail¬ roads of the United States and representatives of the 21 standard railway employees' organizations representing substantially all railway employees on Class I railroads. Class I railroads includes those whose annual gross income is over $1,000,000. / Extending Life of CCC for Three Years-—Sends Estimate to Congress for $350,000,000 Appropria¬ tion for 1938 Fiscal Year President Roosevelt Signs Measure Under the Subsidy bill, the United States Government, through the Maritime Commission, may subsidize ship-build¬ ing by paying up to 50% of the differential between ship¬ building costs in the United States and abroad. President Roosevelt explained in his message that his 1936 signed by President Roosevelt on June 30 after the House 24 and the Senate on June 28. The railroad retirement bill received the approval of the bad adopted it on June President Roosevelt on June 28 signed the bill continuing Civilian Conservation Corps until June the existence of the 30, 1940, and at the same time sent to Congress was cautioned by President Roosevelt on June 3 against enacting measures creating government positions and exempting such posts from the civil service. The Presi¬ dent said that more than 70 bills were offered to the present complete exemption, and urged Con¬ gress to place "all but policy-forming positions under the merit system." The President sent his message to Congress at the request of the Civil Service Commission, which, in a letter to the President, had voiced its dissatisfaction over the increasing number of bills exempting employment thereunder from the session which propose estimate Roosevelt Signs Measure Extending "Hot Oil" Act for Two Years President Roosevelt on June Service—Cites 70 Recent Bills an an President goihg trade. President Roosevelt Asks Congress to Limit Exemptions from Civil Congress appropriation of $350,000,000 to provide for the Corps during the 1938 fiscal year. Congress has passed and Presi¬ dent Roosevelt on July 2 signed a bill carrying the necessary appropriation. „ , The bill continuing the life of the CCC had been sent to the White House after the House adopted on June 24 a con¬ ference report approved by the Senate the preceding day (June 23). The House had sought to limit the life of the Corps to two years while the Senate desired to make it a permanent agency as requested by President Roosevelt. Senate and House conferees agreed on the three years on May 28. for for two years 14 signed a bill extending the Connally "Hot Oil" Act of 1935, which prohibits shipments in interstate or foreign commerce of petroleum and its products produced in violation of State law. The Act would have expired on June 16, 1937, but under the extension will remain in effect until June 30,1939. Congressional action on the measure, signed June 14, was on June 10, when the Senate adopted a conference report on the legislation. In the form passed by the Senate on March 29, the bill would have made the 1935 law perma¬ nent. The House, however, voted on June 3, 189 to 93, to extend the 1935 law for two years. In conference the House completed insisted upon the two-year extension, to which the Senate President Work Relief Bill After Congressional Approval—Measure Provides $1,325,000,000 for WPA, $100,000,000 for RA and $75,000,000 for NYA Roosevelt Signs July 1, was signed by President Roosevelt on June 30 after Congress approved a conference report on the measure. The conference report, submitted to the Senate on June 28, was approved that day by the Senate and on June 29 by the Senate The on measure was June 22 submitted to conference after approved it with several minor amendments. The work relief bill, which carries the exact sum requested by President Roosevelt, provides an appropriation of $1,325,000,000 for the Works Progress Administration, $100,000,000 for the Resettlement Administration, and $75,000,000 for the National Youth Administration. The WPA appropria¬ tion represents a reduction from the $1,860,000,000 spent during the fiscal year just ended; in commenting on this reduction an Associated Press account from Washington, June 30, stated: The reduction In funds will require the dismissal of thousands of relief workers each week between now and July 15. Harry L. Hopkins, WPA Administrator, has set an employment figure of 1,655.477 for that date. On June 5 there were 1,980,000 on the WPA rolls, a decrease of 19,000 from the preceding week. WPA officers said that there had been po "really serious from most of the States received so far were over complaints" the current curtailment—that the majority from New York City, where the rolls are to be cut from 180,000 to 157,000. President Roosevelt Signs New Railrdad Retirement Bill and Com¬ panion Measure to Levy J"axes to Pay Pensions The Wagner-Crosser bill establishing a *new retirement program for approximately 1,150,000 railroad employees has been approved by Congress and signed by President; Roose¬ on June 24. The Act, which is retroactive to Jan. 1, velt 1937, was passed by the Senate on June 23 after the House had adopted it on June 21 by a vote of 361 to 1. Repre¬ sentative Jerry O'Connell of Montana cast the lone dissent¬ ing vote. On June 30 the President signed the Carriers Taxing Act of 1937, levying income taxes on railroad employees and equal excise taxes on employers to provide funds to finance the Railroad Retirement Act of 1937: The taxing measure provides a tax of 2%% on the incomes of em¬ ployees and an excise tax of a like amount on payrolls of employers for the years 1937, 1938 and 1939. The tax Will increase by % of 1% every three years until reaching &%% by 1949, at which level it will remain. expected to yield about $121,000,000 in 1937, $165,000,000 in 1949. consented. "Nuisance?' Taxes and Three*Cent Postage Rate President Roosevelt $1,500,000,000 The Administration's work relief bill, carrying appropria¬ tions of $1,500,000,000 for the 1938 fiscal year which began the House. conferees finally Measure Extending merit system. The measure The tax is increasing to providing the taxes was ^ for Two Years Signed by President Roosevelt on June 30 signed the Doughton bill extending for two years the so-called "nuisance" taxes and the three-cent postage rate. The taxes and the threepostage rate, which would have expired on July 1 extended, are expected to raise approximately cent if not The measure had been the Senate passed it on June 24. Before passing the measure on June 24 the Senate first approved and then rejected an amend¬ ment by Senator Robert M. LaFollette of Wisconsin to increase the surtax rates on incomes of $6,000 and over. The Senate adopted the amendment by a vote of 35 to 31, and an hour later reversed itself and defeated the proposal 42 to 29. The Senate passed the bill itself without a record $650,000,000 in revenue annually. sent to the House White after vote. the Senate on June 15 by the the bill would have extended the "nuisance" taxes and the three-cent postage rate for only In the form as reported to Senate Finance Committee, one additional year. The amendment of the committee was defeated by the Senate, which approved the bill in the same form in which it was passed by the House on June 11. President Roosevelt Proclaims Effective Code of Fair Practices for Bituminous Coal Industry—Non-Compliers to Be President Roosevelt on Taxed 19)4% June 21 issued an Executive Order fair competition provided in the Guffey-Vinson Bituminous Coal Act of 1937 for the soft coal industry. The code was promulgated on June 21 by the National Bituminous Coal Commission, which, under the Act, is empowered to fix minimum prices and to enforce the fair trade practices. All producers of bituminous coal in interstate commerce are subject to the code and to the excise taxes provided for its administration. The Guffey-Vinson Act, which was enacted as a substitute for the Bituminous Coal Conservation Act of 1935 held un¬ constitutional in 1936 by the United States Supreme Court on the ground that provisions of the Act regulating the wages and hours of miners exceeded the powers of Congress, imposes an excise tax of lc. per ton of 2,000 pounds on coal produced in the United States and sold Or otherwise disposed of by the producer, and a 19%% penalty tax on producers failing to comply with the code of fair practice. The 1937" proclaiming effective that day the code of law does not contain any labor provisions. Municipal Bankruptcy Bill Passed by House—Measure Designed to Supplant 1934 Act Ruled invalid A municipal bankruptcy bill offered as a substitute for May 26, 1936, by the United States Supreme Court was passed by the House on June 24 by a vote of 123 to 16 and sent to the Senate for the 1934 Act ruled unconstitutional on Julyj 1937] ifMONTHLY REVIEW 1 — approval. The bill would authorize municipalities to enter into bankruptcy proceedings in a Federal District Court, and would permit the court to make tion } 80,000 were River* and Harbors Improvements Meanwhile, carrying Governor Among the turbances Co., not to Before would 1936 Omnibus Flood $22,500,000 give the engineers $181,416,300, of which of projects authorized under the including the Ohio River Valley, and Control lower for Act, Mississippi flood-control works embraced the by Act. a Mediation Board, their Youngstown plants the ments, of which standing that Board total of a $128,000,000 for river and harbor improve¬ $90,822,101 would be for work new „> Files Suit to Bar Use of Troops in Explosions , and the balance for ^ r Close Bethlehem "Breaking Strike"—Dynamite Plant Johnstown—Failure at It of Strike-affected steel mills resumed production in the clos¬ ing week of June under the protection of State police and troops, and many reported operations normal or "near capacity," as officials of the Committee for Industrial Or¬ ganization protested that troops were "being used to break strike." Despite police protection, however, the huge plant of the Bethlehem Steel Corp., at Johnstown, Pa., was forced to close on June 29 when mysterious dynamite ex¬ plosions cut off the main water supply. Spokesmen for the "deploring" the incident and ex¬ pressing the hope that the bombing had not been committed by strikers. Reopening of the plant occurred July 6. The reopening on July 2 of the Massillon (Ohio) plant of the Republic Steel Oorp. was followed by the reopening on July 6 of the corporation's Cleveland plants. Gus Hall, C. I. O. organizer who had been charged with C. I. O. issued statement a possession of explosives in connection with martial law for the second time since the strike started at the Cambria plant of the Bethlehem Steel This demand followed a warning from Oorp. Mayor Shields of further protection would be extended by city authorities to C. I. O. leaders. It was announced on June 30 that 40,000 coal miners would march on Johnstown Johnstown that is July 4 in a demonstration of sympathy for the steel Through the mediation of Governor Townsend of Indiana, Company and the -Steel Workers Organizing Inland Steel Committee on June 30 signed a "memorandum of under¬ standing" ending the month-old strike at the Inland plant. This was reported as follows in Associated Press advices of July 1 from East Chicago, Ind.: reopened today under Is recognized as O. an agreement by which bargaining agent for its accepts, other among own the O. I. 0. members only, and by which Steel Company's things, the Inland policy." Gov. M. Clifford Townsend announced the settlement late last night. He which he had called out only a few hours immediately demobilized militia before. was no break in the strike a? it affects the three other 'Tittle steel" corporations—Bethlehem, Republic and Youngstown Sheet & Tube. President Frank Purnell of the latter company, which has plants in this steel-making area, said early today: "We will sign no agreement with C I. O." Inland settlement company and The O. strike against order as present to this this Board It is company. the our on the basis of agreements between the Governor and the union and the Governor. Bethlehem was Steel all, Secretary of Labor Perkins appointing this fact-finding body. a must we one facts under¬ of make involving it clear that hours wages, the fundamental . issue in Re¬ . this working conditions in Republic or therefore urged that the Board) issue by discussion of Republic and contract, any the oral or do not lose sight the technical question C. I. O. written, There in is of not existence a , of this written and now, funda¬ contract has Republic between never and Approximately 4,000 truckmen and warehouse laborers in about 200 warehouses throughout New York City who went on strike June 7 for higher pay, shorter hours, a closed shop and other demands, returned to their jobs on June 11 as result of a agreement an reached June 10 between the Warehousemen's Association of the Port of New York and Local 818 of the International Brotherhood of Teamsters, affiliate of American the Federation of Labor. John F. Moffett, Federal labor conciliator, is credited with aiding materially in the reaching of the agreement. The follow¬ ing bearing on the agreement is from the New York "Times" of June 11: The for a agreement, characterized by union spokesmen as a victory, provides schedule of $33 a week as against the former rate of $29 and demand of the union for $36, a 44-hour week, and the closed The employers granted! also time-and-a-half for overtime, double pay wage the original shop. for holidays and Sundays, and vacations of than more u a year a week with pay for all with of service. Sit-Down" Striker* of Ape* Hosiery Co. Quit Mill* in Philadelphia —Effort* to Settle Strike Fail An unsuccessful conference effort to the settle the strike at Apex Hosiery Co. was held on the mills in June 28 in an Philadelphia of The conference had been called by Mayor S. Davis Wilson, who, on June 23, led the "sitdowners" from the mills following the issuance of an evic¬ tion order by Federal Judge William H. Kirkpatrick. The strikers had held the plant since signed the eviction order officers of of which the the American strikers are May 6. Judge Kirkpatrick June 22, and it was served on Federation of Hosiery Workers, on members. at the direction of the United The order was signed States Circuit Court of Ap¬ in Philadelphia, which ruled on June 21 that the "sit-down" strike at the mills of the Apex Hosiery Co. vio¬ lated both the Sherman anti-trust law and the Wagner peals Labor Act. Philco Radio Worker* Return to Work After Four-Week Strike Approximately 8,500 employees of the Philadelphia Stor-% Battery Co., makers of Philco radios, returned to work on June 1 with the signing of a new agreement between the age company and the officials of the United Electrical and Radio affiliated with the Committee for Indus¬ Workers Unions, Neither, for that matter, did Inland Steel. The Girdler Warehouse Worker* in New York City Win Wage Increase and Other Concession* Following Strike . There steel been, no strikers.* I. Mr. O. I. O. dis¬ orders in the steel strike, surrendered to the police on July 1. Meanwhile, on June 30, officials of steel and railroad unions urged Governor Earle of Pennsylvania to place Johnstown C. 21, The basic issue of the* present strike is the right of American citizens to work free from molestation or violence and anger, and the right of the company the furnish employment to 58,000 men and women. between "labor I. stands ready to plants. I* Ended the of strike is not mental The mills the designated it Mediation Board to Adjust Difference*—Strike at inland Plant on June on In appearing before the Board to discuss the facts of the strike, public is not submitting the strike to arbitration by the Board. First Steel Worker* Return to Job* in Strike-Affected Plant*—-C, J. O. under the . carries unlawful Governor statement in which he said: involved in the C. army maintenance. f open Republic Steel Corp, measure; measure Illinois and V developments with the continued dis¬ many made $30,000,000 would be for construction of were following day. the <; the appeal by President Roosevelt on June 21 to Tom M. Girdler, President of the Republic Steel Corp., and Frank Purnell, President of the Youngstown Sheet & Tube mittee on Appropriation on June 11; Washington Associated Press advices of that date had the following to say regard¬ • Homer Davey of Ohio sought to mediate. toward flood control and $128,000,000 for river and harbor The appropriation bill had reached the House Com¬ The bill summary • • . was estimated that approximately strike in protest against the refusal of Re¬ on work. Overton general , Committee for Industrial Organization. Strikers pick¬ plants of all three independent steel companies, but only the Republic Steel Corp. sought to continue operations. works, was passed by the House on June 15 and sent to the Senate. The appropriation, although $47,181 below the Budget Bureau's estimate, is $3,736,378 above the current year's figure. Of the appropriation, $52,500,000 Would / go The our eted Control and an appropriation of $194,328,000 for flood control, rivers and harbors improvements and related public ing the in the House Approve* $194,328,000 Appropriation for Flood : refer -' public Steel Corp., Youngstown Sheet & Tube Co. and Inland Steel Corp. to sign collective bargaining contracts with the Steel Workers Organizing Committee, a subsidiary of districts. A bill we in tlle montl1 it on as drainage, levee, water, school, port and similar improvement sewer, road, V which yyy: any fits upon other taxing units such irrigation, to above. plan agreed upon by two-thirds of the municipality's creditors. In addition to municipalities, the bill confers the same bene¬ effective Board the trial The workers had been Organization. weeks. The action of the union and on strike for four officers of the com¬ on weeks following a strike call by the C. I. O. The disturb¬ were featured by an order of Gov. Earle of followed the vote taken on May 27 by the workers favoring acceptance of the new agreement. While no details of the settlement were announced, it is understood that the workers retained the 36-hour week, under which they had sylvania been working, and compromised on their demand for Cambria, Pa., plant Corp. resumed operations at its June 26, after a shutdown of two ances Penn¬ on June 16 (later rescinded) placing Johnstown under martial law. an The strike disorders at plants of the various steel com¬ panies assumed disturbing proportions during the middle of the month, and particularly was this so at the Cambria plant of the Bethlehem Steel Corp. The rioting which had marked the strike there resulted in Roosevelt town to an appeal to President June 15 by Mayor Daniel J. Shields of Johns¬ intervene. on Mayor Shields also sent bearing a telegram to Governor Earle on the situation. The steel strikes in the various States brought the ap¬ pointment, on June 17, by Secretary of Labor Perkins, at the direction of President Roosevelt, of the Federal Media¬ pany hour wage increase by accepting a 5c. Mail Room Worker* of Three Pittsburgh A strike of 150 union mail room a 10c. increase. Newspaper* End Strike employees of Pittsburgh's three daily newspapers, which had been responsible for the suspension of publication of the papers for three days, ended on June 24 when the workers voted to return to their jobs under their old contract, at the same wage—viz., $6.80 a day for day workers and $7 for night workers. The strikers, members of the Pittsburgh Mailers Union No. 22, voted to return after the three affected newspapers, the "Press," the "Sun-Telegraph" and the "Post-Gazette," threatened to re¬ sume publication with union members from outside the Pitts¬ burgh district working in place of the strikers. The strike . to return to their men The strikers, who had . jobs. sought higher wages, on June 22 Co. and others. The ; - respect to them. ment with Federal Court in Philadelphia Restricts Power of NLRB1 Ruling by to Order Last February to Evacuate Plants of Fan- Enforce two-to-one Bargaining Collective Negotiations Circuit Court of Appeals in Philadelphia, in a The Federal Waukegan steel Metallurgical Corp. in Power Electric , Sentenced by Illinois Judge—C. I. O. Members Had Defied Court Tennessee their merits today. ' One was by a 4-to-4 vote, Justice Sutherland not participating, and another was by a 7-to-2 vote. The court held for reargument in the autumn six cases and made the unusual request that the Attorney General state the position of the govern¬ engaged in a "sit-down" strike but left the plants voluntarily late that night. About 5,000 employees of the papers had been affected by the strike. • 39 Sit-Downers the government wanted this suit dismissed. 1 The court decided only three cases, all minor, on The latter union ordered organization. by brought tions subordinate, and by the International Typographical Union, parent body of the enjoin the extension of Tennessee Valey Authority power opera¬ the suit to had been declared illegal by the international officers of the Mailers Trade District Union, of which the local union is a the REVIEW MONTHLY 4 decision, issued on June 18, ruled that where anr * Thirty-nine of the men who last February defied an order Circuit Court in Waukegan, 111., to evacuate issued by the of the Fansteel Metallurgical Corp., the plants in Waukegan Forby of Zion, 111., sitting at Waukegan. dore a by Circuit Judge Theo¬ fined and sentenced on June 8 were employer made a satisfactory settlement of labor differences with a committee of his employees, even without the aid of Board. In its decision the the Delaware-New Jersey Ferry Co. to recognize the Marine Engineers Beneficial Associa¬ tion No. 13 as the exclusive bargaining agency for the company's engineers. The Philadelphia "Record" reports that the majority The sentences plants of the Fansteel Corp. last Feb. 17 and were ordered on Feb. 18 by the Circuit Court to evacuate. The workers of Feb. 19 to evict them, on citation court police deputy opinion was written by District Court Judge Oliver B. Dick¬ inson, who sat in on the case in the absence of other Circuit Court judges. It was concurred in by Circuit Court Judge obey the order and an unsuccessful attempt was following which a contempt refused to made Feb. 26 plants. for 20 Hours in Saginaw Valley of Power Strike Paralyzes Industry Circuit Court Judge John Biggs Michigan—Over 180 Communities Affected A one-day power strike, which had paralyzed industry for about 20 hours in four large cities and about 180 communities Validity of to 8 June accept In Workers of which the power workers are America, with The workers had earlier, rejected the agreement, affiliated. possession of the several plants of the Con¬ main power house in Mil¬ waukee. The agreement provides a wage increase for the workers and recognizes the union as the sole bargaining agent. The strike was said to be opposed by the union. and had taken Power Co., including the sumers ; half for overtime, be effective state The reached for June the 15 agent on after 10 The commerce to removal of burdens imposed by intra¬ Congress commerce. Entitled was deliberation in vv; Under to The United States Circuit Court of Appeals ruled on June producers were entitled to more than. notedi $3,500,000 in refunds for cotton / ,* profit by the wage increase, which is retroactive to April 1, when the old contract expired. The contract, which will be in effect until March 31, new 1939, raises the basic pay scale from $5.50 to $6 a day in increases made some classifications] and is adaptation an [with additional of the agreement by Eastern coal operators. James M. Landis Re-elected Chairman Government Loses Initial Arguments in Utility Cases Before Supreme Court—Tribunal Adjourns Until Oct. 4 ; nied government petitions in three leading cases involving public utilities. The the marked Court adjourned until Oct. 4. The day on the bench of Associate final Justice Willis Van Devanter, who previously had announced on June 1, the Court agreed to review next autumn the constitutionality his of At its session forthcoming retirement. the government's authority to make Public Works Ad¬ ministration loans and operated electric attacks on power grants It also agreed to hear the Administration's gold clause policy and on the Home,Owners Loan Act. < A Washington dispatch of June 1 to the New York "Herald Tribune" described Court rulings on that date as follows : After • issues sustaining the Federal Government during the last six months, cedural points the court important on constitutional it three rebuffs on pro¬ gave \ today* First, it granted City constitu¬ the petition of the Alabama Power Co. and Iowa Light & Power Co. for a writ of certiorari in testing the cases tionality of PWA grants and loans for municipal electric power projects. Having been upheld in five different United: States Circuit Courts of As a result of the Appeals, the government wanted the petition dismissed. court's three action years injunctions today, another six months will that this pending phase a final involved. Second, the the Electric court rejected Bond & Share Co. constitutionality of of the Court in New York. added to the more than been blocked by constitutional issues has program plea of the Federal that it expedite a : Government and' of final determination of the the registration provisions of the Public Utility Hold¬ ing Company Act by taking the test Court of PWA be determination of the '* [%■:}-]' the As a case result, the Appeals in New York, directly from the Federal District case must be argued in the i Circuit Appeals order for a trial in the Federal District Court in Tennessee of was re-elected Chairman of the Securi¬ for a third term, it was an- * July 1. He was selected for an indefinite period as he will leave the Commission on Sept. 1 to take over his new duties as Dean of the Harvard Law School. He was first elected Chairman in Sept., 1935, succeeding Joseph P. Kennedy and re-elected last July. Mr. Landis became a member of the Commission on its formation in June, 1934, with the passage of the Securities Exchange Act of 1934. French Devaluation Currency devaluations by leading nations have become so common in recent years that only a little stir and apprehen¬ sion followed still another move of this nature by France, formally at the end of June. Financial troubles occasioned the latest French depreciation of the circulating m, with budgetary difficult.-fs a primary cause, while a, heavy outflow of funds and ' correspondingly larger losses of golq appeared to be the immediate reason. The French capital export owed its origin also to the fear of war in Europe and the general social unrest. When the tentative devalua¬ tion of last September was effected, it was hoped generally that stability would be possible at the new level. But some serious mistakes were made and the outflow continued. It became apparent early in June that the 10,000,000,000 franc Exchange Stabilization Fund set up last September had been turned completely into paper francs in the endeavor to bolster the French unit, and events moved rapidly there¬ after. The Cabinet of Premier Leon Blum tumbled when the Senate refused to grant the regime absolute powers to deal with the crisis. Another Left Front Cabinet quickly effected was :„v Third, it rejected the government's plea that it consider a Circuit Court of James M. Landis ties and Exchange Commission nounced by the Commission on for municipally owned and enteiprises. of Securities and Exchange Commission The United States Supreme Court, at the meeting on June 1, which concluded one of the most important terms of the Court in its history, issued three rulings in which it de¬ session tax-exemption certificates they had purchased under the Bankhead Cotton Control Act before it was repealed. The decision was based on the Supreme Court's ruling invalidating the Agricultural Adjust¬ ment Act, which was followed by repeal of the cotton control program. . v; 'i/'V :yv M. W. A., will 25,000 miners in Illinois, members of the U. More than • Repealed Bankhead Act 28 that 100,000 cotton " , Appeals Rules 100,000 Cotton Farmers Are $3,500,000 Refund on Tax-Exemption Certificates Chicago, said the Chicago "Tribune" of June 16, which also K , connected with said interstate *1 must enact regulatory legislation which affects such 4 intimately and inseparably United States Court of agreement of weeks to the recent United Laughlin case, upholding the Circuit Court calling attention successful requires and commerce intrastate equal division of work, and miners. the Court opinion in the Jones & commerce, recognition of the United Mine Workers of America as sole bargaining Chicago affirmed constitutionality of the Wagner Labor Act, said, in part: "It would! seem clear that if the regulation of interstate an agreement also provides for a five-day week of 35 hours, a of States Supreme agreement on June 15 providing wage rises for the miners "in minimum of 10% in all classifica¬ time and in ^ decision The more." Appeals of Court following regarding the decision of the Circuit Court of June 11 is from the Chicago "Tribune" of June 12: ■ tions and in some classifications substantially decision handed down on June 11, the The ^Representatives of the Illinois Coal Operators' Association and of the Illinois District of the United Mine Workers of America reaOhed Federal Circuit '& Co. Illinois Coal Miners Given Wage Increase—Agreement Also Provides 35-Hour Week a Circuit agreement, signed in Washington on company and the United Automobile an the between Jr. Commodity Exchange Act Upheld by Court of Appeals in Chicago United States two lower, court rulings upholding the constitutionality of the Com¬ modity Exchange Act. The decision was written by Judge Evan A. Evans and concurred in by Judges Will M. Sparks and J. Earl Major. The decisions affirmed by the Circuit Court involved appeals of William S. Moore, a member of the Mercantile Exchange, and a group of six members of the Chicago Board of Trade, headed by James E. Bennett throughout the Saginaw Valley of Michigan, was ended on when union workers of the Consumers Power CO. June 9 votbd V A dissenting opinion, holding that a the majority "would emasculate the (Wagner) Act and put a premium on the very practices which its avowed policy prohibits," was handed down by Joseph Buffington. ruling like that of routed the strikers from the V; . .;■* '• sheriffs and On them. against issued was Relations tribunal refused to compel to 240 days up Labor National and the fines up to $1,000. The men, members of the Amalgamated Iron, Steel and Tin Workers of North America, an affiliate of the Committee for Industrial Organization, started a sit-down strike in the ranged duly recognized union, he is not required to discuss similar with another bargaining agency named by the matters formed by Camille Chautemps; and after the customary adrift once and quoted in the international markets at about 3.84: suspension of gold payments, the franc was set more 5 ; j. rency changes. • . ' The realization spread early in June that the "permanent*' adjustments of French finances promised by Premier Blum when he took office more than a year ago were illusory. Admission that the budget still was far out of balance and that further steps would be required hastened the flight of funds and the outflow of gold from the country. Rentes fell to the lowest levels in 11 years on the Bourse and the for¬ ward discount of francs widened in the London and New York markets. The Bank of France attempted to use orthodox combating the trend as the discount rate was raised on June 14 to 6% from 4%. But it appeared on the follow¬ ing day that Professor Charles Rist, President of the, Ex¬ change Equalization Fund Management Committee, had resigned his office because he could not approve the financial measures proposed privately by Premier Blum and his Cabinet associates. It was widely rumored and subse¬ quently confirmed that Prof. Rist had informed the Govern¬ ment of the exhaustion of gold in the Equalization Fund. means The for Government introduced in the June 15 Chamber of Deputies bill which provided sweeping powers to deal with the situation until July 31, on the express understand¬ on a ing that Parliament would have the right to approve or reject the measures when it assembled next autumn. The Chamber approved this request, but the Senate rejected it. Since the measure was not made the occasion for a test of confidence, it was reintroduced and again the Chamber approved, while the Senate turned thumbs down. ; ^ Premier Blum decided that the situation required the resignation of his regime, and President Albert Lebrun was informed of this decision on June 21. Camille Chautemps, who held the office of Minister of commissioned form State under M. Blum, and accomplished by June 23, with the changes impor¬ tant only in a few respects. M. Blum assumed the post of Minister of State made vacant by M. Chautemps. More important than this change, however, was the replacement of Vincent Auriol as Minister of Finance by Georges Bonnet, was this to a successor Government, was Ambassador to the United States. Paris immediately after he in the meanwhile little was was M. Bonnet set sail for asked to accept the post and done in Paris. Gold still was supplied to meet the requirements of French capital export¬ ers and the outflow assumed huge proportions, for it was generally accepted that another franc devaluation was inevitable. Finance Minister Bonnet arrived in Paris on June 28 and he immediately set in motion a scheme for a further franc devaluation that obviously had been well pondered on the voyage to Paris. Early on June 29 the "Official Journal" a decree suspending gold payments and announc¬ brief moratorium on internal commercial settlements closing of the Bourse. This drastic move had its obvious political advantages, for Premier Chautemps and his associates thereupon asked and readily obtained from both houses of Parliament the power to deal with the situa¬ tion by decree, without prior commitment of any kind. The Chamber approved the request early on June 30 and the Senate acted similarly late the same day. The Bourse was permitted to open again on July 1 and foreign exchange dealings were resumed the same day at a level slightly under the anticipated figure of 3.92 cents, which represents the relationship existing after the Poincare stabilization and published ing a and also the •before the British and American devaluations. There was momentary uncertainty as to continuance of the tripartite accord of last September, but it was pointed out that the agreement left room considerations. The issued for adjustments required by internal British and United States treasuries July 1 identical statements to the effect that close cooperation with France will continue under that pact. In financial circles the belief prevailed that the eventual aim is to restore the Poincare relationship of the franc to the pound sterling and the dollar. on War Debt, Although world economic recovery now is far advanced some of the important war debtors plainly could afford to make some payments to the United States Government, receipts of the Treasury on June 15 once again consisted solely of the small sum due from Finland. Of the 13 debtor governments, Finland alone observes its pledge and keeps its financial honor unstaiioi.ta The payment from that country was $163,143. The us&ial notices of sums due on the June 15 annuity date were sent out by the United States Treasury, and it appeared that the amount due in ordinary instalments was $205,338,754, while unpaid annuities of recent years totaled a further $1,314,821,109, or a grand total of $1,520,159,863. Responses made by the defaulters to the notices from Washington varied in no particular from those current in late years. Great Britain, as the principal ■ defaulter, merely ; reiterated that the London Government "will be willing to reopen discussions on the subject whenever circumstances are such as to warrant the hope that a satisfactory settlement can be reached." In behalf of the French Government, Ambassador Georges and * Poland, Yugoslavia, Rumania, Hungary, Latvia, Lithuania cents, or slightly under the Poincare relationship fixed in 1928, but varied thereafter by the successive British, United States and French depreciations of currency. It was hoped generally that this would complete the cycle of major .cur¬ Bonnet stated that a sincere desire exists to "seek the basis for settlement of this debt Other defaults were those of acceptable to both countries. Belgium, Italy, Czechoslovakia, and Estonia. Trade Di,cu,,ion, \ Although only a little progress is being made currently toward reducing the barriers to international trade, there was the ample evidence in June that the question cor^ideration it merits. was receiving The Belgian Premier, Paul > van mid-June for conver¬ important matter with President Roosevelt, and the discussions were concluded on June 29. A state¬ Zeeland, sations came to the United States in this on ment then was issued by President Roosevelt and Mr. van Zeeland in which satisfaction was expressed with the mone¬ tary and trade relationships States. Little else of Belgium included in the and the United and in of the fact that Mr. van Zeeland was invited to under¬ take the survey by the British and French governments, jointly, the immediate results seemed slightly disappointing. It appeared that economic difficulties and the international was statement view armaments occupied the President and his distinguished "Within the framework the statement said, "it was the disposition of the United States to cooperate in the joint work of rebuilding international trade, continuing cooperation in monetary matters and seeking arrangements whereby the burdens and dangers of overwhelming arma¬ ments might be reduced or the methods of their employ¬ ment safeguarded." • ;-V,..,v v * "i-1' It was considered hardly likely that this colorless state¬ ment was to be taken at face value, for Mr. van Zeeland doubtless returned to Europe with some distinct impressions as to monetary matters and the comprehensiveness of the trade agreements that Washington is prepared to negotiate. The impression that the talks with the Belgian Premier were race guest during much of their stay. of traditional American policy," more fruitful than the formal statement would indicate heightened on June 30 when it State Cordell Hull that a V was disclosed by Secratary of series of similar visits by foreign was statesmen might be expected, in the endeavor to facilitate international economic cooperation. These talks, it was hinted, might be preliminary to a world economic confer¬ ence, or might even achieve the same end without the danger of failure that a formal international gathering would entail. The end in view said to be was an exchange of information and ideas regarding the practicability of general economic rehabilitation through monetary and trade agreements. Mr. Hull was said to believe that the time is propitious for a program of peaceful adjustment of essential international relationships, to replace the current "runaway races in mili¬ tary armaments and narrow, cut-throat, trouble-breeding methods of trading between nations." Washington observ¬ ers gained the impression that some exploratory conversa¬ tions along this line already have taken place, and it was suggested that more than one foreign government might be represented at any one time in the conversations. Meanwhile, it appears that there is still some life and a willingness to promote international trade in the ExportImport Bank of Washington. This organization was formed several years facilitate American to ago v export-business, and the several institutions formed to operate in different areas of the world finally were merged in a single bank, financed with Reconstruction Finance Corporation funds. organized to function along the lines of the official British and German agencies,, which supplied credit when world monetary confidence was at a American bank The was But the United States institution low ebb. was formed : ■ ! a little tfoo late, and no great amount of business ever was done. It was announced on June 29, however, that the bank would participate in financing the sale to China of 20 locomotives and equipment valued at about $1,500,000. The loan is to the Chinese Ministry of Railways, and it will be payable monthly over a five-year period, with interest at 6%. The bank will assume one-half of the credit and the manufacturers the other half. equipment Dr. H. H. Kung, Vice-Presi¬ dent and Finance Minister of China, was in Washington when the negotiations were concluded, and he suggested that further purchases of American materials might follow. Dr. Kung also suggested that his country might be interested in a loan to make possible the conversion of internal high coupon bonds into obligations bearing a lower interest rate.. ;f _ ; Naval Armament, There was every indication in June that the international naval armaments race soon will be in the same state of full tilt and progress already achieved in the land and air arma¬ ments fields in Europe. Quantitative limitations lapsed, of course, when Japan denounced the Washington and Lon¬ don treaties. Attempts were made thereafter by the British and United States governments to retain some of the more significant qualitative restrictions, but the Japanese Gov¬ ernment refuses to be swayed by any arguments that _put forward. to obtain a can be The British authorities endeavored last March reversal of the Japanese attitude and adherence by that country to the qualitative limitations of the London agreement. Gun calibre on battleships was made the issue, with Britain suggesting a 14-inch limit. Tokio adminis¬ polite rebuff to London on this question, but despite the United States Government lately made a somewhat similar plea to Tokio. The communica¬ tion from Washington is reported to have urged Japanese tered this a circumstance calibre limitation in the interests of and in order to prevent a naval race. But in the brief acceptance of the gun peace V 6 MONTHLY Japanese reply, reported on June 19, Tokio is said to have to its plea for full naval equality on the basis of non- referred non-aggression, and the proposal for gun calibre rejected. The practical result is that two new first-line American ships, to be built in the Brooklyn and Philadelphia naval yards, probably will mount 16-inch guns. There is every reason to believe that Britain, likewise, •now will adopt the larger calibre on ships now planned or menace and limitation was under construction. European Diplomacy There indications in June of were vigorous British Minister, Baron Konstantin von Neurath, to Yugoslavia, Bulgaria and Hungary. Joint action by Germany and Italy in withdrawing from the patrol around Spain indicated again the nature of the accord be¬ flected in visits by the Foreign countries. The British Government, obviously impressed by the need to bring the Reich back into the group of nations willing to discuss international problems amicably, gave evidence in mid-June of attempting to draw the German Government back into full participation Announcement was made on June Neurath would visit London in a few days in international affairs. 16 that Baron von -for discussion of problems parent basis of a was canceled on of mutual interest. British unwillingness to to German demands with June 21. agree On the ap¬ unreservedly regard to Spain, that visit suddenly Endless conjecture regarding the significance of the incident followed, but in some respects conjecture was needless. It was plain that the British Gov¬ ernment felt annoyed over the snub and there appeared to be a tendency in London thereafter to cooperate more fully with the French Government in Continental affairs. Lon- ;; don seemed to give up for the time being its aim of reaching general understanding with Germany, and the turn to •France indicates a clearer common purpose of the democratic a States. British Imperial Conference Member States of the British Commonwealth of Nations - held a protracted conference in London, after the Corona- tion ceremonies, and this meeting was concluded on June 15 -in a plenary session presided over by Neville Chamberlain, - new British Prime Minister. From the point of view of family gathering the conference was an unqualified success, Mr. Chamberlain declared in his closing address. This state¬ the a ment reflected the determination of the British authorities to restrict the meeting to consideration of constitutional the relations of the Dominions with the mother country. At the insistence of the Dominions, the question of a reciprocal tariff treaty with the United States was raised, but is appeared at the end that this matter will continue to receive cautious study. Even on constitutional problems little progress was made, for the South African de¬ mand for a clarification of allegiance to the Crown remained unsatisfied. Australia proposed a pact among the nations bordering on the Pacific, but this matter likewise was left in abeyance. Economic matters cropped up throughout the gathering, and if solutions were lacking that is hardly a cause for surprise. Just before adjournment the shipping committee issued a report suggesting joint action by the British family of nations to meet the threat of competition afforded by the subsidized vessels of the United States and problems, , or other nations. Conclusions of the conference were set forth in Paper, issued at its termination June 15. a White This document reflected the preoccupation of all statesmen with the mainte¬ nance of peace, and it afforded a sidelight upon the strictly British trend in diplomatic affairs. With obvious deference to German opinion, the White Paper called for severance of the League or Nations from the Versailles treaty, on the that plea thisl would strengthen the influence of the League and tend to enlarge the membership. In a general sense the were described as standing behind London on a voluntary basis, diplomatically, while reserving the right to conduct their own affairs independently. "Preservation of peace" was agreed upon as the first objective of every member of the British Commonwealth, and to this end a stimulation of international trade was urged most earnestly. The conference recognized, according to the White Paper, that in the last analysis the prosperity of the British nations depends on that of the world as a whole, and that a healthy growth of international trade accompanied by improvement in the general standard of living is an essential step to political appeasement. "Finally," it was stated, "the members of the conference, while themselves firmly attached to the principles of democracy and parliamentary forms of govern¬ Dominions ment, decided to register political creed should be \ no their views that differences obstacle to in friendly relations be¬ and countries, and that nothing would be more damaging to the hopes of international appeasement than a division, real or apparent, of the world into opposing groups." / v;, 1 v : tween governments Spain European events during June indicated rather definitely that the Spanish civil war is a major matter of contention be¬ tween the Fascist States of Europe and the Democratic States. The developments of the conflict occasioned several withdrawals of Germany and Italy from the patrol work of the Non-intervention Committee of London, and on the final withdrawal of the month the Fascist countries apparently determined to go their own way and intervene in Spain with¬ out the embarrassment of adherence to the international The incidents precipitated a further series of war in Europe, and also had their effect on the diplomatic patrol. a more policy in European affairs than has been common in recent years, but the significance of the moves remains open to question, for it also is true that the Fascist States retain the initiative in matters pertaining to Spain and in other respects as well. The Berlin-Rome "axis" received an apparent cementing on June 7, when the German Minister of War, General Werner von Blomberg, concluded a visit to Rome. The extension of German influence in the Balkans was re¬ tween the two Fascist EEYIEW scares The actual war in Spain, meanwhile, favored alignment. the rebel cause, for the Basque stronghold of Bilbao finally succumbed to the long continued assaults of the revels, who thereupon starred a move upon Santander. It was fairly evident that the decision to eliminate the Basque resistance to the insurgent cause was at the direct request or insistence of the German and Italian Governments, for it in the Reich that the iron ore reserves of the was admitted Basque area badly needed in German economic arrangements. The loyalists, meanwhile, continued to train recruits for a long resistance to the insurgent forces of General Francisco Franco. It was obvious, however, that grave difficulties were being encountered, for during the long period of relative inactivity on the Madrid front occasioned by the rebel attack on Bilbao, no major offensive was developed by the Valencia were authorities. There was much apprehension early in June that the loyalist bombing of the German warship Deutschland, late in May, and the reprisal shelling of the loyalist port of Almeria, would cause a crisis in European affairs. That incident prompted the German Government to withdraw from the Non-intervention Committee of London, and Italy immediately joined the Reich in this move. Leaders of the British and German Governments labored to prevent a gen¬ eral European crisis, and it appeared that a measure of success had been attained on May 31, when the German Government announced that the shelling of Almeria termi¬ nated the incident. Efforts promptly were started there¬ after to bring Germany and Italy back into the patrol scheme of the London Committee, and all demands made by the Reich and Italy were met. It was agreed on June 16 that the Fascist Powers would rejoin the naval patrol of Spain, on the understanding that international collaboration and joint international action would be taken in the event of further untoward incidents. The Valencia and rebel authorities were asked to agree to certain stipulations, but even before such agreement could be expressed the navies of Germany and Italy resumed their tasks. But a decided change occurred on June 23, when Germany and Italy once again withdrew from the international patrol under circumstances that, to say the least, were somewhat peculiar. It was rumored, some days previously, that the German cruiser Leipzig had been subjected to unsuccessful submarine attacks by loyalist undersea boats, but the Ger¬ man authorities issued a blanket denial of such statements. June 19 the Germans reversed their stories, and "Spanish-Bolshevist submarine pirates" at¬ tempted to torpedo the German ship on two occasions.^ The submarines never were seen, it appeared, and the evidence rested solely upon the German assertions, which were said to rest upon new hearing apparatus which allegedly detected the presence of a number of torpedoes. On the basis of this flimsy story the Germans demanded that other patrolling na¬ tions join with them in a naval demonstration off Valencia. The common international assumption was that the Reich decided, in view of the preoccupation of Russia with its internal difficulties, to push the issue of the Spanish conflict and insure a victory for General Franco. Britain objected to the German demands and suggested an international Suddenly, on announced that inquiry. The German authorities, incensed by the apparent questioning of their accounts, promptly withdrew from the Non-intervention Committee and Italy followed. prompted renewed international apprehen¬ regarding the course of the Spanish war and its reper¬ cussions Nor was any comfort to be gained from subsequent German and Italian declarations on the question. Chan¬ cellor Hitler, speaking at Wuerzburg on June 27, declared specifically that the Reich desires a Fascist victory m Spain so that Germany will have better access to the iron ore of the Basque territory. Italian authorities were equally out¬ spoken, for accounts appeared in Italian newspapers late in June to the effect that Rome will back the rebels to the bitter end. Unsigned articles which were attributed to Premier Mussolini promised a Fascist victory and the end of Bolshevism in Spain. Profound concern was occasioned by these happenings, for it appeared ever more obvious that the Spanish war was being made the nucleus of a struggle between the rival systems of Fascism and Communism. This was rec¬ ognized openly by the British Prime Minister, Neville Cham¬ berlain, who stated in a speech before the House of Commons, on June 25, that the situation is serious, but not hopeless. "If some country or government, representing one of the two ideas of Fascism or Communism, attempted to intervene be¬ yond a certain point, then some other country taking an opposite view would find it difficult, if not impossible, to keep from joining, and a conflict may be started of which no man can see the end," Mr. Chamberlain remarked. He com¬ These incidents sion . plimented the German Government for refraining from July, 1937] BEVIffW measures after the alleged attempt to torpedo the Leipzig and in other ways indicated that Britain would continue the effort to prevent the Spanish war from developing into an international conflict. violent cruiser The actual ■ course of the fighting within Spain suggested that the rebels had the upper hand throughout June. A long and difficult siege of the Basque City of Bilbao was J®*1?1" nated on June 19 with the surrender of the port. All in¬ dependent accounts agreed that German and Italian airplanes and artillery made the rebel success possible, and the detailed indications of the aid extended the rebels by the Fascist regimes introduced a universal skepticism as to the effective¬ ness of the work of the London Non-intervention Committee. Heavy rains interrupted the operations around Bilbao for a time, and it was indicated that the Basques would defend the city to the end. Basque women and children were evacuated by the thousands in preparation for the last-ditch defense, but the defenders fled at the approach of the insurgents and the city was captured without the anticipated street fighting. The insurgents thereupon moved along the coast toward Santander, to complete the victory over the stretch along the Bay of Biscay. The Valencia authorities, relieved of the defense of Madrid from the insurgent assaults, issued guarded statements intermittently about a projected offensive against the rebels, in aid of the hard-pressed Basques. But the offensive failed to develop, and the conclusion was drawn generally that grave weakness prevented the loyalist au¬ thorities from taking vigorous steps. Japan and Russia International difficulties in June European Japan was were ■;:/' .. , . 7 '; tions indicated that it will bear heavily upon old established concerns. The exemption of the professions occasioned more dispute than other items, In general, however, the taxation proposal was well received, and a sigh of relief was apparent over the withdrawal of the growth of profits levy suggested at First by Mr. Chamberlain. Soviet Purge Soviet Russia offered the puzzling spectacle throughout June of a blood purge of a nature and a scope to suggest the most intense danger to the Stalin dictatorship. Scores of summary executions were political authorities which in the West reported, and many met death, are psychology in Russia. of the highest usually after the curious trails regarded mainly as reflections of mass On June 12, news reports from Mos¬ detailed further executions, this time of high army officers. A special military collegium of the Soviet Supreme cow Court was said to have tried a number .of high ranking officials of the Soviet Army, on charges of treason. Eight of these officers, headed by Marshal Mikhail N. Tuk- hachevsky, were stripped of their,titles and on June 13 they put to death. The attention of the people thereafter directed to the Communist party circles, and here also were was a general "house-cleaning" occurred, as Communists by were dropped from membership rolls. In an Associated Press dispatch of June 16 the appropriate com¬ ment was made that Russia offers the appearance of being engaged in a gigantic "witch-hunt." Some of the accused military officials were accused openly of having conspired for the thousands of the Ukraine from Russia, through a revolt that area over to Poland or Germany, and the incidents thus have a grave international significance. severance not confined to the for the threat of war between Russia and revived in the most vivid manner when a border scene, incident occurred along the Amur River, which separates Siberia and the Japanese phppet-State of Manchukuo. The question at issue concerned the sovereignty of two marshy and economically worthless islands in the Amur. Both countries claim the islands, and incidents regarding them have been common in recent years. The Japanese claimed that the Russians utilized, on June 29, a channel of un¬ deniable Manchukuoan soveriegnty in the Amur, and the vessels were said to have fired on Japanese soldiers bathing in the river. The Russians declared that a Japanese ship might turn this vast Steel Trade—Non-Ferrous Metals As a result of strikes that have wholly or partially shut down plants of three major steel companies, the steel ingot {>roduction at which the steel industry as a wholetouching the owest rate rate declined during the month, has operated this year. At the Youngstown district, which was the hardest hit, steel operations were down at the beginning of the month to 45% from 84% before the strike; the ClevelandLorain district declined from 80% to 55%, and the Chicago area was down from 86% to 63%. Steel scrap was lower. Major non-ferrous metals were generally quiet, with prices unchanged. In its issue of July 1, the "Iron Age" remarked substance, as follows: "A combination of declining steel business and the shutting down of some steel and a third had to seek refuge behind an islet. These in¬ plants for vacation periods has brought a sharp drop in the ingot pro¬ cidents occurred almost immediately after a diplomatic sur¬ duction rate in the Pittsburgh and Wheeling areas, but the vey of the problem, and an agreement by Russia to evacuate partial resumption of steel making at Youngstown mills, the islands. The developments were viewed on both sides as with a rise of 19 points in that district, has more than offset exceedingly grave, but Tokio and Moscow alike were said to the Pittsburgh-Wheeling loss. In the Pittsburgh district be anxious to keep the peace. The tension finally eased, early in July, when the Russians agreed to go through with [not including the Johnstown plant of Bethlehem Steel Corp., their original plan of withdrawing all military forces from the which had been closed by order of Governor Earle of Penn¬ disputed islands. The question remained, however, whether sylvania] the rate of operation declined to 84% from 93% The Wheeling district the Japanese really desired to test the situation, in the light last week at three independent mills. declined from 99% to 94%. In other sections there have of the obvious internal weakness of the Soviet regime. started the fracas by firing on a Siberian post. Whatever the of the clash, it appeared that a Russian river gunboat was sunk by Japanese artillery, while] another was damaged cause in been minor British t Taxation Neville Chamberlain, who assumed the office of British Prime Minister late in May, displayed a welcome flexibility responsiveness to business considerations on his first appearance before the House of Commons as the leader of the nation. While still Chancellor of the Exchequer, Mr. Chamberlain proposed the onerous "growth of profits" taxa¬ tion on British corporations which evoked so much criticism on all sides. The hostility to the tax was made additionally evident on May 31, when it was described in the Commons as "monstrous, and the Prime Minister was obviously un¬ happy as the denunciatory speeches continued. Winston and a •Churchill made the making of a persuasive speech in which he urged that profits is a virtue which must not be penalized. ;"If the capitalist system is to survive," Mr. Churchill re¬ marked, "it must be continuously refreshed by enterprises produced by the genius, inventiveness, calculation, sacrifice and audacity of individuals. If legislation once took the form of suggesting that initiative is to be discouraged, then we are in fact abandoning the capitalist system and ought, in logic, to go to the other extreme." Mr. Chamberlain heeded lie criticism and appeals and announced that the controversial growth of profits levy would be dropped and a simpler proposal made to achieve the same end of increased corporate taxation to meet part of the armaments costs. After considerable study, the new proposal was put forward in the House of Commons on June 16. It calls for a 5% supertax to be imposed on top of the 25% corporate income tax now in effect in England. The plan is exceedingly simple, and in this respect it accords with the demands of the op¬ ponents of the earlier measure. The effect is, broadly, to raise the corporate income tax to 30%, but there are a few exceptions and variations. Small corporations, earning from £2,000 to £12,000 annually, will pay this new impost at the rate only of 4%, while railroads and public utilities are ex¬ empted altogether on the ground that rates, and therefore profits, are fixed by law. New industries established in the so-called depressed areas, will escape the taxation in whole or in part. The professions, such as lawyers and doctors, are exempted as well. It is proposed to collect this levy for the next five years, and estimated revenues are £25,000,000 a year. The tax caused a little grumbling, and some calcual- pins, the Buffalo rate having risen from 83 to 88%, the Cleveland-Lorain rate tinued shutdown of rose to 59%, despite con¬ Republic plants there, the Alabama rate from 74 to 76^%, while the Chicago rate, not figuring on possible resumption at strike-bound plants, remained un¬ changed at 64% from the previous week. While new orders continue to run behind shipments, the total volume of business booked in June was not much, if any, below that of May. For some companies the June volume ranged from 65 to 75% of shipments." The "Iron Age" composite prices for steel scrap were again lower, declining on June 2 from $17.92 to $17.75 a gross ton, on June 8 to $17.42 and on June 15 to $17.08, at which level it held during the remainder of the month. The "Iron Age" composite prices of finished steel and pig iron again were unchanged at 2.605c.a pound and $23.25 a gross ton, respectively. At the close of June, 1936, steel scrap was quoted at $12.96 a gross ton, finished steel at 2.122c. a pound and pig iron at $18.84 a gross ton. The operating rate of steel companies having approximately 98% of the steel capacity of the industry, according to the American Iron & Steel Institute, was estimated at the rate of 75.0% for the week beginning June 28, as compared with 75.9% for the preceding week, 76.6% for the week beginning June 14, 76.2% for the 7 days beginning June 7, 77.4% for the week beginning May 31 and 91.0% for the final week of May. Operations at the close of June last year were re¬ ported to be at the rate of 74.0% of capacity. As to non-ferrous metals, "Metal and Mineral Markets," reported in substance as follows: Demand for copper in the domestic market, after being quiet during the first 23 days of the month, showed an improvement during the closing week. Sales of lead and deliveries Demand for tin of zinc were in fair volume. was quiet during the first half of June and was reported as fair during the second half of the month, with prices higher. On June 30, President Roosevelt signed the bill extending the two years. unchanged import tax on copper for a period of Quotations for copper, lead and zinc continued at 14.00c., Valley; 6.00c., New York, and 1.70c., New York, respectively. Tin moved irregularly up and down, and after touching a low for the month at 54.62%o. New York, on June 14, rose to 57.25c. on June 25, and closed 56.62on June 30; latter price also compares with 56.00c. on the first of the month. at MONTHLY 8 ym'H'M M II n III ] t ■ I'uni'i' 'ii' "'M'.a". ■)' a ■ ■" " \ - ' i '.'.'i" "" , 11 . The lumber industry during stood at 83% of the the week ended June 26,1937, 1929 weekly average of production and 76% of 1929 shipments, according to reports to the National Lumber Manufacturers Association from regional associa¬ the operations of important hardwood and softwood mills. Production was reported as slightly above tions covering preceding week and the highest so far this year except weeks in May. i Shipments and new orders were somewhat above the preceding week but below most other weeks of the second quarter. Output during the June 26th week was 33% greater than new business booked and 13% greater than repoited shipments. National production dur¬ ing that period, as reported by 3% fewer mills, was .05% above, shipments 4% above and new orders 4% above the corresponding figures for the preceding week. Production in the week ended June 26, 1937, was shown by mills report¬ ing for both 1937 and 1936 as 14% above, shipments 0.1% below and new orders 6% below the corresponding figures the for two for the same week last year. During the week ended June 26 a total of 541 mills re¬ ported production of 290,883,000 feet of hardwoods and soft¬ woods combined; shipments of 258,466,000 feet; and booked orders of 218,589,000 feet. For the preceding week 560 mills produced 290,727,000 feet, shipped 247,750,000 feet and .received orders for 210,331,000 feet. For the week ended June 12 reports from 546 mills showed a total output of 287,513,000 feet, shipments of 275,156,000 feet and new business of 208,449,000 feet. For the week ended June 5 a total of 565 mills produced 272,509,000 feet, shipped 239,420,000 feet and booked orders for 213,733,000 feet. All regions reported orders below production in the week ended June 26, 1937. AH but West Coast and California Redwood reported shipments below production. All regions reported orders below those of the corresponding week of 1936 except Cypress, where the bookings were the same this year as last. All regions but West Coast, Redwood and Northern Hardwoods reported shipments below those of the similar week of 1936 and all reported production above the 1936 week except Southern Pine and Northern Pine, which showed slight declines. Hides, Leather and Footwear The First National Bank of Boston, in its "New England Letter," under date of June 30, comments upon these mar¬ kets as follows: shoe industry is between seasons. Tanners are operating cautiously while waiting for signs of more definite trends in retail sales and in the hide market. "After reaching a new high record in March, shoe pro¬ duction has shown more than the usual seasonal decline. For the first five months the estimated output of footwear "The aggregated 197,112,000 pairs, a gain of approximately 22% over the same period of last year. "Despite a near record movement of hides into sight during the first four months, the supply of hides and leathers at the end of the period was the lowest since August, 1934, because of unprecedented shoe production. In fact, total visible stocks represented only 7.4 months' consumption as against 10.1 a year before and an average of 9.4 months for April 30 during the five years ended 1929. "Some tanners are concerned over the public's ability to maintain this record rate of leather consumption and are keeping their production schedules on a conservative basis. Furthermore, the future outlook is clouded by labor trouble which is showing definite signs of spreading into the tanning field. An unsettling feature for the manufacturers of women's and misses' low-priced cemented or 'compo' type shoes is the proposed reciprocity trade agreement between the United States and Czechoslovakia. An appeal has recently been made to the Federal Tariff Commission for a review of the comparative manufacturing costs in these two countries in an effort to assure protection for our domestic producers. "Schedules for cutting fall and winter shoes, which include a large proportion of suedes, seem to be lagging somewhat. Leather requirements for the run have not yet been con¬ tracted for in full and most tanners, in turn, are filling their own requirements on a hand-to-mouth basis. Leather prices have been subjected to some pressure but have held generally firm. •' at prices in favor of the buyer. Meanwhile prices in the Buenos Aires market have descended to new lows for the movement although this trend is accounted for in part by the seasonally poorer quality of winter hides in that hemisphere. The domestic futures market also has declined while trading in the re-sale markets has been at prices below what the packers are asking." "Sales in the hide market have taken place believed by the trade to represent a concession Grains Wide fluctuations characterized domestic ' wheat markets during the past month. The trend was persistently downward during the first half of the month after which prices rallied sharply. Favorable weather for the growing crops during early part of the month found the markets vulnerable to the outlook for bumper yields. Furthermore, the markets had liberal hedging of the new winter wheat crop to contend with. On June 10 the Govern¬ ment crop experts predicted that the wheat harvest in the the liquidation induced by would be between 825,000,000 and the largest crop in six years. Not since United States this year 850,000,000 bushels or 941,674,000 bushels were harvested, has there crop indicated. The estimate was based on June 1 conditions. The Federal Crop Reporting Board estimated winter wheat production at 648,597,000 bushels. This compared with last year's crop of 519,013,000 bushels and the five-year average of 623,220,000 bushels. Although the Board asserted it was "still too early to forecast accu¬ rately the spring wheat crop," it said acreage intentions and June 1 conditions pointed to a crop between 175,000,000 and 200,000,000 bushels. The condition of the spring wheat crop as of June 1 was placed at 68.7, compared with 66.9 a year 1931, when Lumber Movement . REVIEW such been a during the latter part of the month, complaints of territory, and drought ago. spreading rust in the winter wheat conditions in the Western Canadian Provinces, notably in the southern sections of Alberta and Saskatchewan, changed the picture. According to private estimates, the Canadian spring wheat acreage was said about 20% of to have been damaged beyond repair as a result of the drought, while a large part or the remaining acreage was believed to be in a precarious condition. It was claimed by reliable authorities that if moisture relief failed to be forthcoming within the near future, Canada will have one of the poorest crops in history. As a result of this sudden change in conditions, prices advanced sharply under the influence of active buying from all directions. Fuel was added to the bullish enthusiasm by trade reports indicating that the condition in the western part of North Dakota and Eastern Montana was similar to that in the southern sections of the Provinces of Alberta and Saskatchewan. Furthermore, according to reports, foreign in many sections were not any too promising. Corn, followed the trend of wheat with corn displaying particular strength. The short supplies of corn were an important factor largely responsible for the strength of this commodity. While the upturn in wheat also contributed, receipts from the country were extremely smalt, reflecting the almost complete absence of farm supplies of this grain. However, the new crop of corn was said to be making very satisfactory progress, but it was pointed out that a good yield will be needed this year owing to the exhaustion of old crop reserves. In Chicago the July option for wheat closed on June 30 at 118 Mo. as against an opening price of 112Me. on June 1. At Winnipeg the July wheat option closed on June 30 at 138Mo., as against an opening of 122 Mo. on June 1. July corn (new) in Chicago closed on June 30 at 124 Mc., compared with an opening of 122 Mo. on June 1. July oats closed at 42 Mc., against an opening of 45c. July rye closed at 91c., as compared with the opening of 102Mo* on June 1. ;'-'"Z'-y crops oats and rye . . Sugar activity developed in the sugar "futures" market during the past month with the trend of prices upward. Uncertainties regarding sugar legislation m Washington made sellers cautious while there was quite an active demand Greater for speculative account. steadiness of raw sugars Buying was stimulated by the and improved demand for refined. large business was reported booked in the latter, the trade estimating about 90 days' requirements. Inasmuch as the next 90 days include the canning period, it was predicted that further buying would probably develop. Such fruit crops as peaches, pears, apricots and cherries are said to be larger A than a year ago. Sales of Cuban raw sugars during month consisted of the following, all exclusive of duty: the On June 8 nearby shipment at 2.45c. c. & f.; on June 10 prompt at 2.49c. c & f., and late June shipment at 2.50c. c. & I.; on June 11 June shipment at 2.50c. c & f.; on June 14 July shipment at 2.50c. c & f.; on June 16 late June shipment at 2.54c. and 2.55c. c. & f., and July shipment at 2.55c.; on shipment at 2.55c. c. & f.; June 21 July ship¬ f.; June 22 July shipment at 2.50c. c. & f., and on June 24 June-July shipment at 2.55c. c. & f. The wholesale list price for refined, immediate de¬ livery, was quoted by all refiners at 4.70c. until June 10, j. when the price was lowered to 4.50c. The 4.50c. price was maintained until the close of business on June 18, when it June 18 June ment at 2.50c. and 2.55c. c. & again marked up. to 4.70c. at which level it during the remainder of the month. was remained /V;Coffee more or less quiet during the past prices confined within narrow limits. The trend was easier. It appeared that despite the efforts of Brazil to make sacrifices for the purpose of bolstering the price level it is difficult to convince the world that coffee is cheap. Busi¬ Coffee markets ruled month with market was light with prices easier. Both speculators were cautious as they were unable existing large stocks, regardless of the ex¬ tensive plans for the destruction of the surplus. The National Coffee Department estimated the 1937-38 Brazilian coffee crop at 25,462,000 bags. No. 7 Santos was quoted on June 30 at 10Mo. the same as on ness in the spot roasters and to overlook the May 29 (May 30 fell on a Sunday and May 31 was a holiday), against 10 M @10 Mo. April 30; 10Mo. March 31; 11 Mo* Feb. 27 and 10M@10Me. Jan. 30. No. 7 Rio was quoted on June 30 at 9Mo. against 9Mo. May 29; 9Mo. April 30; 9Mo. March 31; 9Mo. Feb. 27 and 9Mc. Jan. 30. 527,000 Bags of Coffee Destroyed by Brazil During Latter Half of May Destruction of coffee in Brazil during the more than doubled that last half of May during the first half of the month, 527,000 bags being reported burned, the New York Coffee & Sugar Exchange announced that it learned on June 9. t Since July 1,1936, destruction has totaled 9,062,000 bags, bringing the total since 1931 up to 45,650,000 bags. Rubber Crude rubber during the early part of the period under trend. Unsettled conditions in the security markets, heavy selling for Far Eastern account, disturbed labor conditions and the current dullness in the tire business served to depress sentiment. Later in the month a mild rally was caused by covering purchases, the abatement of fears concerning a reduction in the gold review continued its declining price, a consumption report for the by 16,000 tons in United In the closing days of the turned easier following reports that fairly good United States month of May and the decline States stocks on hand and afloat. month the market a 9 MONTHLY REVIEW July, 1937] again number of large tire manufacturers intended to suspend operations for two weeks during July. Ribbed smoked sheets for spot delivery were quoted at ,193^c. asked June 30, against 20 Kc. asked May 29; 21 3-16o. asked April 30; 26%c. asked March 31; 22c. asked Feb. 27, and 21 %c. asked Jan 30. '■ , Textile« Reports of further markups in the mid-continent on the West Coast were current during the ventories. field and also month but actual increases had been no posted by the end of June. Under the new price schedule posted by the Joseph Seep Purchasing Agency of the South Penn Oil Co. on June 7, Alleghany district crudes were advanced from barrel. Southwest Pennsylvania Pipe Lines Bradford and $2.67 to 2.82 moved and a to $2.57 a barrel; up $1.42 Eureka Pipe Lines to $2.52, Corning crude held unchanged at Buckeye to $2.37. barrel. a 31 were 100,000 from the corresponding date a year earlier, 350,000 from the previous year, and comparing with 5,240,000 barrels on March 31, 1934. A steady climb in prices of refined prod¬ ucts made from Pennsylvania grade crude has been in evi¬ dence in the past month or so, lubricating and other grades Pennsylvania grade crude as of March Stocks of approximately 4,400,000 barrels, a drop of about all moving into higher price ground. , r oil necessitates a daily average production of 3,423,800 barrels, according to estimates issued by the United States Bureau of Mines. This represents an increase of 57,800 barrels over the June estimate, and would be 453,500 barrels above actual produc¬ Total market demand for crude July The textile trades remained quiet, partly as a result of seasonal influences and partly owing to the general unsettlement caused by labor disturbances. Retail business, in sections unaffected by strike developments, improved tion in July last year. perceptibly, with higher temperatures and the close approach of the vacation period stimulating the sale of seasonal items. Wholesale trade, on the other hand, failed to adequately reflect the better flow of goods in retail channels, as pre¬ vailing price uncertainties caused merchants generally to confine their purchases to immediate requirements. Should labor conditions improve, however, an early resumption of buying on a larger scale is anticipated, inasmuch as in¬ ventories are reported to have reached considerably lower levels, and much covering of Fall requirements remains to be done. Raw cotton in June continued its declining trend during the first half of the month. Later in the period a slightly better tone developed and prices recovered a small part of the early losses. Chief bearish influences were the favorable prospects for the new crop, the continued dullness of the cotton goods markets and the general uneasiness engendered by the current wave of strikes in important industries. Wheather conditions in the Southern belt were largely favorable, although late in the month reports of weevil infestation were received following rather excessive Texas and > precipitation in parts of the belt. With forecasts of this year's acreage indicating an increase of 10 to 15%, early estimates of the size of the crop arrived at figures ranging from 14,500,000 to 15,500,000 bales. Sales of gray cloths were restricted to small fill-in lots, the total volume of which absorbed only a fraction of the current output. While most mills were able to maintain operations, because of still existing backlogs of unfilled orders, an early curtailment in activities seems inevitable unless a strong revival in forward- buying makes its early appearance. The inter¬ mittent war scares in Europe had little effect on the market as their influence was offset by the continued slump in the export movement of United States cotton. Spot cotton here in New York was 13.22c. on June 1. After various minor fluctuations, the price declined to 12.36c. June 14 from which point a gradual rally carried the quotation to 12.76c. June 26 with the closing price 12.54c. June 30. Print cloths at Fall River for 28-inch 64x60's was marked down June 5 to 5^c. from 5% to 5He. On June 10 the price declined further to 5%c. at which figure it stood June 30. The price of 27-inch cloths 60x64's was 4%c. June 30 against 53^ to 534c. May 28. Osnaburgs were quoted 10c. June 30 as compared with 113^c. May 28. The report of the Census Bureau issued June 14 and covering the month of May, showed that cotton con¬ sumption in the United States, although considerably lower than during the previous month, was nevertheless proceeding at quite an active rate. The amount consumed in May totaled 669,460 bales of hnt and 70,480 bales of linters com¬ pared with 718,947 bales of lint and 72,795 bales of linters in April, but only 530,894 bales of lint and 64,502 bales of linters during May, 1936. * The woolen goods market continued quiet although most mills kept busy on the large accumulation of unfilled orders. While clothing manufacturers showed increased interest in Fall goods, few actual orders were placed, pending a clarifica¬ tion of price developments in consequence of substantial reductions announced by one important clothing chain. Womens' wear goods moved in somewhat better volume reflecting the improved call for goods at retail. Japanese double extra 13-15 deniers were quoted June 30 at $1.89@$1.94, against $1.77@$1.82 May 29; $1.77@$1.82 April 30; $1.97@$2.02 March 31; $1.80@$1.94 Feb. 27 and $2.00@$2.05 Jan. 30. > In the case of the 20-22 deniers Japanese crack double extra were quoted at $1.85 @$1.90 June 30, against $1.73@ $1.78 May 29; $1.82@$1.87 April 30; $1.81 @$1.86 March 31: $1.76@$1.81 Feb. 27 and $1.94@$1.99 Jan. 30. , Petroleum and It* Product* - June, Pennsyl¬ marked up 15c. a barrel as a result of the broadening demand and consequent reductions in in¬ Crude oil prices continued their climb in vania grade crude being the government body on June 22 major producing area with the The estimates issued by ordered increases for every exception of New Mexico. Broadest gains were shown by California, the latter winning a recommended production total in excess of 600,000 barrels daily. Moder¬ ate increases were allotted Oklahoma, Louisiana and Kansas. :• ■ v ■ ,. for July June 1,375,100 .• 252,000 190,700 Louisiana Kansas Mexico 102,000 Pennsylvania 52,400 51,000 38,400 Wyoming Michigan..... Arkansas 629,700 Montana 605,500 Kentucky 253,000 New York 195,600 Illinois.... 100,800 West Virginia 625,300 585,900 .... California.... A , ,, ■ , July 1,354,000 Oklahoma ■ follows: (in barrels) State— Texas New :;,,/. ' recommended production by States The Bureau of Mines * few days later the 53,700 52,900 39,800 - „ - . . 28,300 15,400 15,700 14,700 . 12,800 10,700 10,700 4,700 2,300 .9,700 . 10,600 Colorado 4,800 Indiana 2,300 Texas Railroad Commission 28,400 16,200 16,100 15,600 13,000 issued daily 1 at production regulations, setting the maximum allowable output of crude for the State as of July its July as compared with the of June 17. The new quota 1,385,476 barrels allowable as Texas Control the Board was more 1,407,562-barrel ordered by the than 10,000 barrels above 1,375,100-barrel figure recommended by the Bureau of Mines.. Oil the Lone in men Star State pointed out, moreover, the June 17 allowable will be more automatic increases through the com¬ that the reduction from than absorbed by the pletion of new wells during July, East Texas, which pro¬ duces more than one-third of the entire oil output of the State, only won a nominal increase at 466,000 barrels against 462,187 during-June. ( . Daily average crude oil production showed a declining trend during most in the United States of June, after estab¬ lishing a new all-time peak of 3,573,700 barrels in the final week of May. Three consecutive weekly declines were scored, and it was not until the week ended June 26 that production showed a gain over the preceding seven-day period. Despite the lower trend, production held far above the market levels recommended for June by the Bureau of -V. Mines. The chief result of the heavy overproduction of crude oil stocks of domestic during the month. Sharp gains over the latter part of May and early June were pared somewhat by a slight cut during mid-June, but the total for the month showed substantial net gains. In¬ during June was further broad gains in and foreign oil held in the United States ventories are the 15-year January. currently more than 20,000,000 barrels above of around 287,000,000 barrels set last low vv- -v.- President Roosevelt .<< .<■ signed the new measure extending the Connally Hot-Oil bill for two years on June 14, one day before the old bill expired. The new measure is a com¬ promise bill, the Senate having passed legislation extending permanently only to have the House change it to a twTo-year extension. The bill prohibits the interstate move¬ ment of crude or refined produces produced in violation of State laws and sets up Federal Tender Boards to grant ship¬ the law ping certificates on legally-produced crude or its products. / Early in the month came news of an organized move by California independent oil producers to pare crude output point where the balance between supply and demand would justify price advances. After passing a resolution to the "concerted and conscientious efforts" to correct overproduction, the independents named a committee of three—Dana Hogan, C. W. Lord and James Michlin—to meet with the Central Committee of California Oil Produc¬ ers and the various field committees in an effort to cooper¬ calling for the ate in stabilizing production. - of the Pennsylvania Legislative Committee named to investigate the State's oil industry were told by Members Howard Pew, President of Sun Oil Co., on June 11, that he regarded the probe as "unnecessary, unwarranted and as calculated only to increase the difficulty of an industry 10 MONTHLY REVIEW deserves that duction of Y2 c. a gallon in "normal" tank wagon and dealer only the goodwill of the public and of the legislative authority of the State." prices of gasoline by Standard of Indiana. The cut affected Indiana, Illinois, Wisconsin, Minnesota, Iowa, Missouri, Kansas, the Dakotas and Upper Michigan. In addition, Prefacing that statement with a detailed analysis of the price structure of the industry and its trade practices, as compared with the national commodity price structure and : the price structure that more third-grade gasoline was cut another y2c.f making of other industries, Mr. Pew pointed out than half of the retail prices of refined petroleum products are governed by factors over which the oil com¬ panies have no control. "The refiner has no responsibility for freight, for the retail dealers' allowable, or for the State or Federal taxes," he said. "So long as the oil companies 85% about June 19. of capacity during the was Bureau of Mines at the like 1936 month. refined product markets, follow: the major Oil Go. of New Jersey, pointed out. June 1—Standard Oil of New York posted a H-cent increase in all grades "While both crude and product prices appear to be firm, and deliveries of gasoline in the metropolitan New York City area, effective June 3. and it is possible to look on the marketing side of the fence oil 10 cents a barrel to $2.20 at New the stage where it can afford to let its wells produce what they will," the house organ stated. "In the main, interstate compact has done its job, but the excess of , June 2—Standard of New Jersey lifted Diesel oil and heavy marine Diesel with considerable optimism, the industry has not yet reached York, Baltimore, Norfolk and Charles¬ Boston was lifted 10 cents to $2.25. ton. the June 2—Standard of New Jersey advanced Esso heating oil medium J^-cent a gallon at New York, Baltimore, Norfolk, Charleston and Wil¬ pro¬ allowables cannot be dismissed entirely with Heavy heating oil was also mington. the light-hearted hope that while industrial heating oil was lifted take care of the surplus. Charleston. somehow increased demand will Addition to storage of crude and products during the winter months were, after all, some¬ what higher than can be excused on the grounds of sea¬ sonal trend. 133,000 barrels daily. By the end of June it is estimated production will reach a daily average for the of 3,400,000 barrels. suggested that the producing States limit themselves to a California, on June 5—Major companies operating their own June 9—Standard of , Indiana of the year. about a 28% in drilling. There wells put down during the first five months new Nearly half of this number of the drilling quarter was were in Texas and fields in east of the Mississippi River. During the first four months refiners ran 367,140,000 barrels of crude to their stills, 9.8% higher than during the January-April period last year. Of the oil going through American refineries, more than 98% came from domestic fields. for 34,000,000 barrels Producers in this country accounted more of the crude used by domestic refiners than for the same period a year ago. Only 6,000,000 barrels of the through-put in the United States up to the end of April came from abroad. "During the first four months the daily average demand for crude and products was nearly 3,500,000 barrels, which included domestic and export markets. For the six months' period this will probably reach 3,540,000 barrels daily, and for the year a total demand for crude and products of 1,330,000,000 barrels. Motor fuel consumption was up 13.4% during the first four months this year and totaled 150,500,000 barrels. For the full year 1937 something like 558,000,000 barrels will be consumed by domestic and export markets. Y.:V;,y-Y'y.;■ J....y ::;yy. -y y y'Y y "Following the orgy of production shortly after the turn of the present decade, which left the oil man with his tanks storage groaning with unwanted stocks, common sense, low prices and better cooperation with Federal and State authorities began to take effect and oil in storage was gradually brought down to approximately working levels. "Because of a daily demand for products which transcends any previous experience of the industry, ideas of just what constitute adequate working stocks have undergone consid¬ erable change. 000,000 barrels All the same, the addition of almost 22,of crude and products to storage during the first four months of 1937 warranted by is higher seasonal operations. than is altogether For the balance of the it will be necessary for producers to trim sail a little carefully and adhere closely to allowables if the industry is to maintain the favorable stock position it has enjoyed for some time now." •' ear more The Also the company posted Michigan. gasoline. ■ during was June. an In the metropolitan increase of %c. a gallon posted in gasoline prices by Standard of New York, which immediately met by all other companies. The markup, was which all grades of gasoline and all methods of posted June 1, effective June 3. Within the week came an upward move in fuel and Diesel oil was delivery, same on was prices that spread along the entire Atlantic Seaboard In mid-month came the announcement of a area. sweeping a further cut of H cent in third-grade H was third-grade cent in June 18—Standard Oil of New Jersey advanced terminal and tank car price of light heating oil 55 points at New York to 6.3 cents discount of 34 cent when sold In barges to resellers. a gallon, with a At Baltimore, Norfolk, Charleston and Wilmington the price has lifted 34 cent to 634 cents. THE JUNE FINANCING OF THE UNITED STATES The total increase in the public debt in June was $1,175,000,000, but only about $600,000,000 of this rise was in the of securities form re¬ outstanding in the market. The prin¬ was the cipal method chosen to increase the Federal debt sale of two note issues accomplished in was one Sale of the notes the tax date. on day, with subscriptions exceeding offered six times. the amount Following his recent policy of letting out the facts about financing in instalments, Secretary of the Treasury new Henry Morgenthau announced on June 3 that the Treas¬ ury's June financing would consist of the sale of $800,000,000 of notes, of which $500,000,000 was to represent new money amount of and $300,000,00 would be used to pay off a like Treasury bills maturing on June 16, 17 and 18. Complete details of the offering were published on June 7. The Treasury offered for cash $400,000,000 of 1%% notes of series D-1939, due Sept. 15, 1939, and $400,000,000 of 1%% notes of series A-1942, due March 15, 1942, both series dated and bearing interest from June 15, 1937. It was the first tax date since last December at which the Treasury had sought new money. period the Treasury raised issue new At the December tax cash by a long-term bond bearing the record low interest rate of 2%%, and at the same time it offered in exchange for a maturing note issue anew Treasury five-year note bearing a 1^4% coupon. For a issue maturing in three months less note higher than in December. a five-year note with year than five interest y2 of 1% years, the Treasury had in June to pay /In June, 1936, the Treasury sold 1%% coupon, while in June of this it had to attach that coupon to a note issue maturing in two and a £ The higher a quarter years. t however, proved adequate to cope with the decline in government security prices in recent months. coupons, The Treasury on June 15 revealed that subscrip¬ $4,995,675,500, of which $852,784,300 was allotted. The subscrip¬ tions to the 1%% notes totaled $2,499,349,100, of which $426,494,300 was allotted, while subscriptions to the 1%%' issue amounted to $2,496,326,400, of which $426,290,000 was tions to the two issues of allotted. ♦of new notes had aggregated Out of cash subscriptions to these issues and out income tax payments, would amount to on other Pennsylvania grade crude oils. There were two important market areas affected by wide¬ price revisions tank-wagon and dealer gasoline. stalments 15-cent-a-barrel jump in Bradford, Alleghany and New York territory there inde¬ cent a gallon in Indiana, Illinois, In Lower Michigan the only cut posted spread 34 by , normal Wisconsin, Minnesota, Iowa, Missouri, Kansas, the Dakotas, and Upper only change in the crude petroleum price structure posted'during June was on June 7, when South Penn Oil Co. a Pittsburgh TREASURY counted for the increase of nearly 12,260 reduced prices on all grades of gasoline by reduction in stocks, while Louisiana held about even. were stations in reduction in prices to meet slashes posted posted 3-to 4-cent the other hand, was able to effect "The combination of higher crude prices during the win¬ ter and continued intensive search for new reserves ac¬ j Colonial-Beacon, Standard subsidiary, made similar advances throughout its New England territory. ' Bureau has The daily average of 3,200,000 barrels for the six months' period and also in additions to storage, with Oklahoma not far a 34-cent at the first three porta up 34-cent at New York, Baltimore and pendents earlier in the week. "Up to the end of April, the latest figures available, crude production exceeded the allowable suggested by the Bureau of Mines by 7.86%, resulting in additions to crude oil stocks behind. new ended estimated by 2,800,000 barrels, 200,000 barrels above the June figure. Representative price changes, which reflect the trend in presents an ever-dangerous overhanging market influence, the June issue of "The Lamp," house organ of the Standard months' period a week 52,300,000 barrels, or 12% above Export demand was estimated at the of the record previous 12 months, excess production of crude at the rate of seasonal contraction July domestic gasoline demand at high Despite the fact that demand for crude and refined prod¬ ucts during 1937 may be expected to run around 9% ahead six show to despite the fact that refinery operations spurted to v; over below parity by the amount of the slash, or more, no are change was made. Gasoline stocks continued operated filling stations of their own and were a factor in retailing, their participation afforded an element of balance in the determination of the retailers' spread." duction an aggre¬ gate cut of lc. a gallon on this grade. In Lower Michigan the only change was a y2c. a gallon cut in third-grade gaso¬ line to dealers. Where prices posted by the company already more which the Treasury estimated $550,000,000, six issues of dis- than qpunt bills totaled $300,376,000 were paid off in equal in¬ on June 16,17 and 18 and $157,000,000 of interest the public debt was paid. v In addition to the note issues, the Treasury sold $300,000,000 of weekly bill issues, of which $250,000,000 were nine-month bills and $50,000,000 represented an issue matur¬ ing on Sept 18, at the tax date period. In all, the Treasury issued in April, May and June $350,000,000 of bill issues maturing at the September tax period. By the sale of notes and the bill offerings in June the public debt was raised about $600,000,000. The Treasury also issued $500,000,000 of adjusted service bonds to the Government Life Insur¬ ance serve Fund and other special securities to the Old Account and Unemployment Trust Fund. Age Re¬ These 20,449,000—Buffalo Niagara Electric Corp.—Public offering was made June 25 by a banking group headed by Morgan Stanley & Co., Inc., of $20,449,000 of securities of the corporation. The special issues, together with sales of United States savings bonds, caused a total increase in the public debt in June, it was officially estimated, of $1,175,000,000, raising the total direct gross debt of the government to a total of $36,400,000,000 as of June 25. The price of Treasury issues ruled steady in June, the Federal Reserve banks did not find it necessary to financing includes $17,029,000 of.general and refunding mort¬ gage 3M% bonds, series C, due on June 1, 1967, and priced at 102 and accrued interest, to yield about 3.39% to the first date on which they are callable at par. Also in the offering was $3,420,000 of serial debentures, to carry various coupon rates for maturities ranging from 1938 to 1952. For maturities ranging from 1938 through 1942 the interest rate is 2%, this series was offered at prices ranging from 100.68% to 97.70%. Maturities from 1943 through 1947 carry a 3% coupon and were offered at prices ranging from 101.36 to 98.31, while maturities from 1948 through 1952 carry an interest rate of 3*4% and were priced from 100 to 98M, in each case according to maturity. The yield range on the $3,420,000 issue is from 1M to 3.40% for the maturities from 1938 to 1952. Associated with Morgan Stanley & Co. in the offering of both issues are Bonbright & Co., Inc.; Schoelkopf, Hutton & Pomeroy, Inc., and the Mellon Securities Corp. 10,000,000—Cincinnati Gas & Electric Co.—Offering was made June 3 by a banking group headed by Morgan Stanley & Co., Inc., of a new issue of $10,000,000 first mortgage bonds, 3*4% series due 1967. The bonds were priced at 102M and interest, <to yield about 3.35% to thefirst date at which they are callable at par. This is the first entirely "new money'1 bond issue offered by a public utility company in about six months, or since the marketing of $12,000,000 of Consumers Power Co. first mortgage 3Ms in December last. Associated with Mor¬ gan Stanley & Co. in the underwriting and offering were: Edward B. Smith & Co.; W. E. Hutton & Co.; Bonbright & 'Co., Inc.; Mellon Securities Corp.; Brown Harriman & Co., Inc.; White, Weld & Co.; J. & W. Seligman & Co.; Glore, Forgan & Co.; Lee Higginson Corp., and Kidder, Peabody and buy securities on balance to prop up the market. But, there were no bad breaks, the average price of any more while The average rates sold were slightly higher at 0.619% against 0.545% earlier in the month. Secretary Morgenthau announced on June 15 that net market purchases of government securities for Treasury investment accounts in May amounted to $3,853,550, against purchases of $11,856,500 in April and $119,553,000 in March. The details of the sales of Treasury bills sold on a dis¬ count basis are given in the following tables: Treasury bonds declined about % point. at which weekly Treasury bill issues were Amount Bills Bills Offered Dated of Subscrip¬ , Mar. 2 1938 $50,000,000 $179,085,000 140,170,000 60,000,000 60,000,000 131.178,000 50,000,000 140,238,000 50,000,000 127,407,000 60,000,000 123,676,000 133,100,000 50,000,000 273 days May 25 1937 2 1937 May 26 1937 June 2 1937 Sept. 18 1937 108 days June June 91937 Mar, 9 1938 273 days June 10 1937 June 10 1937 Mar. 16 1938 273 days June 17 1937 June 23 1937 Mar. 23 1938 273 days June 24 1937 June 30 1937 Mar. 30 1938 273 days June 29 1937 July 6 1938 273 days 7 1937 Apr. To Redeem Bills i Average Accepted tions Price Yield 99.574 0.562 %\ 0.375%/ June 17 1937 $179,085,000 140,170,000 131,178,000 140,238,000 127,407,000 June 24 1937 123.676,000 $50,030,000 60,112,000 50,000,000 50,045,000 50,120,000 50,015,000 June 29 1937 133,100,000 50,010,000 May 25 1937 May 25 1937 3 1937 June 10 1937 99.888 99.586 0.545% 0.672% 0.678% 0.619% 0.490% 99.566 99.562 99.531 V 99.628 < NEW SECURITY ISSUES New financing Maturing Amount Subscrip- Offered June . tions Offering Mature June 3 1937 Issue of— $50,012,000 50,147,000 50,023,000 50,022,000 50,121,000 50,045,000 IN JUNE in the domestic market for the month of marked improvement over total emissions offered in May, notwithstanding the poor state of the securities markets. Much of the new capital obtained June showed a . , & operations, is very encouraging show increased growth m the future. Outstanding as to size for the month was the $95,000,000 issue of the Union Electric Co. of Missouri consisting of $80,000,000 first mortgage and collateral trust bonds, 3%s series, due in 1962, and $15,000,000 of 3% notes, due in 1942. A few other offerings of moment were the $75,000,000 issue of the Socony-Vacuum Oil Co. and the $50,000,000 emission by the E. I. duPont de Nemours & Co. Below we give the larger offerings for June: £ RAILROAD FINANCING Schoellkopf, Hutton & Pomeroy, Inc., Buffalo.....— Stone & Webster and Blodget, Inc., New York July 1, 1938 to July 1, 1952. inclusive, and are priced to yield to 2.70% for the maturities from 1938 to 1948, inclusive; the 1949 to 1952 maturities are priced from 100 for the 1949 maturities to 99 M forthe 1952 maturities. i, ■ : 3,600,000—Houston Bolt & Terminal Ry.—The Interstate Commerce Commission on June 10 authorized the company to issue not exceeding $3,600,000 first mortgage 3M% bonds, to be sold : at par and the proceeds applied to the payment at maturity V rr on July 1, 1937, of a like amount of its first mortgage 30-year 5% gold bonds. : : Insurance Co. The terminal company proposes to pay to the insurance company a sum equal to interest at 3H % per annum on $3,600,000 from June 1 to July 1, 1937. > ^ 1,500,000—Chicago Great Western RR.—Salomon Bros. & Hutzler and associates on June 29 were awarded the $1,500,000 3M% equipment trust certificates, due 1937-47, on bid of 100.135. v. This was the only bid. The issue has been placed privately. 1,400,000—Central of Georgia Ry.-r-The Interstate Commerce Com¬ mission v on 19 June PUBLIC Hayden, Miller & Co., Cleveland— Jackson & Curtis, Boston Washburn & Co., Inc., Boston Dillon, Read & Co., New York 35,000,000—Commercial Credit , subscription books closed. net 4,000 —..... 4,000 4,000 —...- 4,000 4,000 4,000 4,000 ......——— — ...— ... ....—_ 3,000 3,000 3,000 20,000 Co.—The second large new capital offering will be used capital to purchase receivables, to proceeds from the sale of the present by the company as new subsidiaries for this purpose, or to replace outstanding short-term notes, or both, the prospectus states. The managers of the syndicate announced on the day of offering that orders were received from dealers in excess of the amount of debentures reserved for the selling group, The present financing is a continuation of the company's program by which it is obtaining new capital after having simplified its capital structure and reduced preferred dividend charges. * 52 make advances to v 15 000.000—Safeway Stores, Inc.—Merrill, Lynch & Co. and Cassatt & Co.. Inc., on June 16 headed a group of underwriters which included Blyth Co., Inc.; Brown Harriman & Co., Inc.; Dean Witter & Co.; Chas. D. Barney & Co.; Glore, Forgan & Co.; Hallgarten & Co.; Hayden, Stone & Co.; Hemphill, Noyes & Co.: Kidder, Peabody & Co.; Lee Higginson Corp.; White, Weld & Co.; fiancamerica-Blair Corp.; AJex Brown & Sons* Wertheim & Co.; F. S. Moseley & Co.; Boettcher & Co., Inc.;Bosworth,Chanute, Loughbridge & Co.; Cavalier & Co.; Mitchum, Tully & Co., and Schwabacber & Co., in the offering of $15,000,000 10-year 4% sinking fund debentures priced at 99M and accrued interest, and due June 1, 1947. The issue has been oversubscribed. •. include Kuhn, Loeb & Co.; Kidder, Peabody & Co.; Lee Higginson Corp. The First Boston Con?.; Brown Harriman & Co., Inc.; Edward B. Smith & Co., and Harris, Hall & Co., Inc. 4,000 for the company within the last 10 months was June 16 with the offering of $35,000,000 2M% debentures, due June 15, 1942, at 99% and int., to yield 2.777%. The offering was made by a group of 43 investment houses headed by Kidder, Peabody & Co. and the First Boston Corp. As in the case of the first debenture offering, which consisted of $30,000,000 15-year obligations, the entire ' 26,000,000—New York Telephone Co.—A banking syndicate headed by Morgan Stanley & Co., Inc., on June 24 offered $25,000,000 refunding mortgage 3M% bonds, series B. The bonds, priced at 100 and int., are dated July 1, 1937, and will mature on July 1, 1967. Other members of the underwriting group 4,000 4,000 4,000 undertaken UTILITY FINANCING $95,000,000—Union Electric Co. of Missouri—An offering of $80,000,000 first mortgage and collateral trust bonds, 3M% series due 1962. and $15,000,000 of 3% notes, due 1942, was made June 28 by Dillon, Read & Co. and a large group of underwriters, including the First Boston Corp. Spencer Trask & Co. Stone ; & Webster and Blodget, Inc.; Blyth & Co., Inc.: Brown Harrlman & Co Inc.; Edward B. Smith & Co.; Coffin & Burr, Inc.; Goldman, Sachs & Co., and J. & W. Seligman m : 1 & Co. The 3M %. bonds were priced at 100 and the 3% v notes at 100M. in each case plus accrued interest, if any, from July 1 to date of delivery. Dillon, Read & Co. announced on the day of offering that both issues had been sold and — financing authorized the company to assume ob¬ ligation and liability in respect of not exceeding $1,400,000 equipment trust certificates, series T, to be issued by Chase National Bank, New York, as trustee, and sold at 102.444 and accrued dividends in connections with the procurement of certain equipment. The certificates were offered for sale through competitive bidding. The highest bid received in response thereto, 102.444 and accrued dividends, was made by a group comprised of Salomon Brothers & Hutzler: Dick & Merle-Smith, and Stroud & Co., Inc. On this basis the average annual cost of the proceeds to the receiver will be approximately 3.63%. The issue has been placed privately. — ———... Paine, Webber & Co., New York R. W. Pressprich & Co., New York Securities Co. of Milwaukee, Inc., Milwaukee Shields & Co., New York Spencer Trask & Co., New York Whiting, Weeks & Knowles, Inc., Boston The bonds have been sold at par to the Metropolitan Life s 4,000 4,000 4,000 4,000 Francis I. du Pont & Co., New York Glore, Forgan & Co., New York... Graham, Parsons & Co., New York Harris, Hall & Co. (Inc.), Chicago.. Laird & Co., Wilmington W. H. Newbold's Son & Co., Philadelphia r -v,-'-,- from 0.80% • 5,000 5,000 Biddle Whelen & Co., Philadelphia Cassatt & Co., Inc., Philadelphia....... E. W. Clark & Co., Philadelphia RR.—Salomon Bros. & Hutzler; Dick & Merle-Smith, and Stroud & Co., Inc., on June 23 offered a new issue of $10,410,000 series E 2% % serial equipment trust certificates. The certificates mature $694,000 annually from t;. Shares Name and Address— Morgan Stanley & Co., Inc., New York —70,000 Kuhn, Loeb & Co., New York —30,000 Brown Harriman & Co., Inc., New York —..——.25,000 The First Boston Corp., New York 25,000 Edward B. Smith & Co., New York 25,000 Blyth & Co., Inc., New York .... 15,000 Bonbright & Co., Inc., New York 15,000 Goldman, Sachs & Co., New York 15,000 Kidder, Peabody & Co., New York 15,000 Lazard Freres & Co., New York — 15,000 Lee Higginson Corp., New York—.... 15,000 Lehman Brothers, New York — 15,000 Mellon Securities Corp., Pittsburgh ——.—..15,000 Chas. D. Barney & Co., N. Y 10,000 Clark, Dodge & Co., New York 10,000 Dominick & Dominick, New York—.... 10,000 Hornblower & Weeks, New York —10,000 W. E. Hutton & Co., New York 10,000 J. & W. Seligman & Co., New York 10,000 White, Weld & Co., New York —10,000 Laird, Bissell & Meeds, Wilmington, Del ...—-- 6,000 R. L. Day & Co., Boston — 5,000 Estabrook & Co., New York 5,000 Hayden, Stone & Co., New York 5,000 Hemphill, Noyes & Co., New York 5,000 F. 8. Moseley & Co., New York —.... 5,000 Salomon Bros. & Hutzler, New York ....... 5,000 and will undoubtedly $10,410,000—Union Pacific MISCELLANEOUS FINANCING $75,000,000—Socony-Vacuum Oil Co., Inc.—Arrangements for one o the largest private sales of bonds ever negotiated were under¬ taken in June, entailing the first purchase by several big life insurance companies of $75,000,000 debentures of the com¬ pany. The debentures mature in 18 years, carrying a 3M% coupon, and were priced at 98. The insurance companies participating in the issue were: Metropolitan Life Insurance Co.; Prudential Insurance Co. of America; New York Life Insurance Co.; Equitable Life Assurance Society of the United States, and Mutual Life Insurance Co. of New York. 50,000,000—(E. I.) du Pont de Nemours & Co.—Offering was made June 30 by Morgan Stanley & Co. and 47 associates of 500.000 shares of preferred stock, $4.50 cumulative (no par value) at $100 a share plus accrued dividends from date or Issue. This is the first stock offering undertaken by the company since March, 1928, when an issue of 101,575 shares of 6% cumulative non-voting debenture stock was offered to stockholders at $115 a share. The issue has been over-subscribed. Below is the list of underwriters participating in the offering and the amount of their respective allotments: compared with June one year ago, in contrast to a modest increase in stock issues. The demand for new capital, apart from that for refunding Co. INDUSTRIAL AND during the month went to provide necessary funds for im¬ provement and additions to plants and equipment and for other corporate needs. Offerings of a refunding nature were not lacking during June, but it is interesting to note the marked contraction in bond issues the past month when v 11 MONTHLY KEVIEW July, 1937] 2.300,000—Richmond (Va.) Hotels, Inc.—Galleher & Co., Inc., Richmond, Va., offered at prices to yield from 3% to 5%, according to maturity, $2,300,000 5% first mortgage bonds. Bonds were offered to residents of Virginia only. Dated July 1, 1937 the bonds become due serially (s.-a.) each January and V July from July July 1, 1947. 1, 1938 to Jan. 1, 1947, incl., k». and $1,400,000 fcM » MONTHLY KEVIEW It 4,700,000 Buffalo, N. Y., 3.10% refunding bonds, scheduled to mature 20,285,000—Phelps Dodge Corp.—Holders of record at the close of busi¬ ness on June 7 of the 5,071,240 outstanding shares of the capital stock were offered pro rata rights to subscribe in the aggregate to the $20,285,000 convertible debentures. Each such record holder of capital stock, for each share of capital stock held, was granted the right to subscribe to $4 of debentures at 100 (flat). Such subscription rights expired at 3 o'clock p. m. (Eastern Daylight Saving Time) on June 28 and were evidenced by transferable full subscription warrants and transferable fractional subscription warrants. Debentures issued only upon the exercise of a warrant or warrants representing in the aggregate the right to subscribe to $100 of debentures or multiples thereof. The convertible 3)4% debentures were dated June 15, 1937 and become due June 15, 1952. Underwriters—The names of the several underwriters of the debentures and the percentages of unsubscribed debentures to be purchased by them, respectively, are as follows: Morgan Stanley & Co., Inc., New York 25 Kuhn, Loeb & Co., New York 10 Brown Harriman & Co., Inc., New York 5 The First Boston Corp., New York 5 Mellon Securities Corp., Pittsburgh ___ 5 Edward B. Smith & Co., New York 5 1 > * * _ Blyth & Co., Inc., New York Clark, Dodge & Co., New York Dominick & Dominick, New York Goldman, Sachs & Co., New York Hornblower & Weeks, New York 1 Kidder, Peabody & Co., New York Lazard Freres & Co., Inc., New York Lee Higginson Corp., New York G. M.-P. Murphy & Co., New York J. & W. Seligman & Co., New York Stone & Webster and Blogdett, Inc., New York White, Weld & Co., New York " : * 3.75 3.75 3.75 — 3.75 3.75 3.75 —_ 3.75 3.75 ' 3.75 3.75 3.75' __ 3.75' 19,000,000—Standard Brands, Inc.—Offering was made to the public June 23 by a banking syndicate headed by Morgan Stanley Inc., of 200,000 shares of $4.50 cumulative preferred stock (no par). The stock was priced at $95 a share, to yield Co.. & *'^Underwriters—The names of the several underwriters and the several numbers of shares underwritten by them, respectively, are as follows: and * Name— ' Morgan Stanley & Co., Inc., New , ' ' : ,• ' , ■ ! * - • r - . - 45,000 shs. 15,000 shs. York The First Boston Corp., New York Brown Harriman & Co., Inc., New York Edward B. Smith & Co., New York Mellon Securities Corp., Pittsburgh, Pa. Kidder. Peabody & Co., New York W. E. Hutton & Co., New York.. Lee Higginson Corp., New York Blyth & Co., Inc., New York Lazard Freres & Co., Inc., New York Chas. D. Barney & Co., New York Clark, Dodge & Co., New York Dominick & Dominick, New York Hayden, Stone & Co., New York A -15,000 15,000 10,000 10,000 .10,000 shs. shs. shs. shs. shs. 10,000 shs. 10,000 shs. 10,000 shs. 5,000 shs. - — Hemphill, Noyes & Co., New York. Hornblower & Weeks, New York... F. S. Moseley & Co., New York J. & W. Seligman & Co., New York Spencer Trask & Co., New York White, Weld & Co., New York 5,000 shs. 5,000 shs. 5,000 shs. 5,000 shs. 5,000 shs. 5,000 shs. 5,000 shs. 5,000 shs. 5,000 shs. 4,375,000—Simonds Saw & Steel Co.—Public offering, by means of a prospectus, was made June 15 of 125,000 shares of common stock by a syndicate headed by Estabrook & Co. Offering price was $35 per share. -" Underwriting—The names of the investment bankers, and the number of the shares offered hereby, which each of them so agreed to purchase, appear below: Estabrook & Co., Boston Hayden, Stone & Co.; Boston Glore, Forgan & Co., New York Putnam & Co., Hartford Paine, Webber & Co., Boston. Laurence M. Marks & Co., New York G. M.-P. Murphy & Co., New York Jackson & Curtis, Boston Hornblower & Weeks, Boston Burr, Gannett & Co., Boston on an annual basis from 1938 to 1957 incl., were sold to a syndi¬ by Edward B. Smith & Co. of New York, at a price of 100.079, a basis of about 3.09 %. Public reoffering was made from a 1 % yield for the 1938 maturity to a price of 100.50 for the final annual payment. cate headed 4.000,000 South Carolina (Stat© of) 3H% highway certificates of in¬ debtedness, due $400,000 each year from 1940 to 1949 incl., were bid in by Lazard Freres & Co., Inc. of New York and associates, at 101.089, a basis of about 3.09%. Reoffered to Seld from 2% to N. Y., 2 according to various purposes bonds, County, 3.20%, %% and 4% maturity, assau due serially from 1938 to 1954 incl., were taken by Lehman Bros, of New York and associates, at a price of par, the net being about 2.88%. California (State of) 3% veterans' welfare bonds, due serially 1939 to 1950 incl., were sold at public auction to an account managed by the National City Bank of New York, at a price of 102.83, a 2.55% net interest cost. The success¬ ful bidders placed the bonds on the market on a yield basis of of from 1.30% to 2.65%, according to maturity. 3,000,000 Memphis, Tenn., 3%% electric light plant bonds, due annu¬ ally from 1942 to 1966 incL, were sold to a syndicate beaded by the Mercantile-Commerce Bank & Trust Co. of St. Louis, at 101.06, a basis of about 3.67%. Reoffered to yield from 2.25% to 3.60%, according to maturity. 2,500,000 Mississippi (State of) highway notes, bearing interest at 3%, 3)4 % and3H% and due on an annual basis from 1938 to 1955 incl., were awarded to John Nuveen & Co. of Chicago, at 100.031, a net interest cost basis of about 3.54%. Reoffered to yield from 1.77% to 3.58%, according to coupon rate and interest cost to the county 3 000,000 from , maturity. ; 2,100,000 Kentucky (State of) 2% % Bridge Revenue Project No. 12 bonds sold to Blyth & Co.'of Chicago, and associates, at a price of 101.04. Due in 1947, although callable on any interest date at varying premiums, depending on the redemption date. The bankers reoffered the bonds at a price of 102.25. 2,000,000 New Mexico (State of) 3% and 3%% highway debentures, ma timing serially from 1949 to 1952 incl., were awarded to In Phelps, Fenn & Co. of New York, at a price of 100.025. reoffering the bonds, the bankers priced the 3%s, due Jan. 1 and July 1, 1949, to yield 3.10%, and the 3s, dub July 1, 1949 through July 1, 1952 at par and 99.50. 1,980,000 Delaware River Joint Commission, N.J., 4H % PhiladelphiaCamden Bridge bonds, included in a series of issues sold by the New Jersey State Highway Sinking Fund, were awarded to Graham, Parsons & Co. of New York and associates, at a The bonds mature serially from 1941 to price of 112.037. 1950 incl. and are callable at various prices starting with 105 on Sept. 1, 1943, the first call date. In reoffering the bonds, the syndicate priced them to yield from 1.80 to 2.57%, the return being computed to the earliest redemption date. 1,800,000 Atlanta, Ga., 2% % refunding bonds, maturially from 1938 to 1963 incl., were awarded to the Chase National Bank of New York, and associates. The 1938 to 1967 bonds were reoffered on a yield basis of from 0.85% to 2.65%, while the remaining - maturities were priced at DIVIDEND CHANGES IN JUNE Changes in dividend declarations in June are numerous and are for the most part of a favorable nature. The follow¬ ing list, dividend into two sections, namely "Favorable Changes" and "Unfavorable Changes," gives the more im¬ portant of the changes: has i i, v r * 25,000 25,000 —20,000 10,000 10,000 10,000 9,000 6,000 6,000 4,000 shs. shs. shs. shs. shs. shs. shs. shs. shs. shs. 2,100,000—National Cylinder Gas Co.—Paine, Webber & Co. and F. S. Moseley & Co. on June 14 made public offering, by means of a prospectus of 120,000 shares of common stock (par $1) at $17.50 per share. ; 1,868,750—(B. F.) Avery & Sons Co.—F. Eberstadt & Co., Inc., on June 15 offered $1,000,000 11-year sinking fund 5% notes, with warrants attached to purchase 40,000 shares of common stock and 34,750 shares ($25 par) 6% cumulative preferred stock, with warrants attached to purchase 69,500 shares of common stock. The notes become due June 1, 1947, and were offered at 99 and accrued interest, and the preferred stock at $25 per share plus accrued dividends, Both issues \ have been oversubscribed. according to maturity. The certificates, issued under the Philadelphia plan, were dated June 15, 1937 and will mature serially at the rate of $55,000 on Dec. 15, 1937 and on June 15 and Dec. 15 of each year 1938 to 1946, inclusive, and $55,000 on June 15, 1947. Underwriters—The names of the principal underwriters and and the amount which each has agreed to purchase are as 1 $275,000 275,000 Stroud & Co., Inc., Philadelphia 275,000 Chandler & Co., Inc., Philadelphia 275,000 1,015,000—Houston Oil Field National Co., Inc.—Public offering was ' • .Freeman & Co., New York Central Republic & Co., Chicago • announced June 10 of 25,000 shares of $1.50 dividend cumu¬ lative convertible preferred stock ($20 par) and 40,000 shares ' ($1 par) common stock. The offering was made .through a by Robinson, Miller & Co., Inc., and Minsch, Monell & Co., Inc., at $25 for the preferred shares and $9.75 prospectus, for the common 1,000,000—Finance was Co. shares. of America at Baltimore—Public offering of $1,000,000 of made June 14 by means of a prospectus 10-year 4% coupon notes, by Stein Bros. & Boyce; Jackson & Curtis; Singer, Deane & Scribner and Westheimer & Co. The notes, which are dated March 1, 1937 and due $500,000 each March 1, 1942 and 1947, were offered at a price of 99 M for the 5-year maturities and 96 for the 10-year matur¬ ities, with accrued interest in each case. ' 5- and MUNICIPAL FINANCING $40,000,000 New York (State of) 2H % unemployment relief and general improvement bonds awarded to the Bank of the Manhattan Co. of New York and associates, at a price of 100.439, a basis of about 2.19%. The bonds, due serially from 1938 to 1962 incl., were reoffered by the banking group on a yield basis of from 0.70% to 2.35%, according to maturity. 10,066,000 Tennessee (State of) 3J4% and 3)4% refunding and county reimbursement bonds, maturing serially from 1944 to 1949 incl., were taken by an account managed by Halsey, Stuart & Co., Inc. of New York. The State received a price of 100.405 for the obligations, the net interest cost being approximately 3.34%. In reoffering the bonds, the bankers priced them to yield from 2.90% to 3.25%, according to datei ofmaturity. was a share paid July 1 on its $6 pref. stock. Co.—Initial dividend of 25c. a share on the stock, payable June 25. ; ) Aetna Ball Bearing Mfg. common Affiliated Fund, Inc.—Extra dividend af 10c. a share and a regular quar¬ terly of 15c. a share on the common stock, both payable July 15. Air Associates, Inc.—Initial dividend of 10c. a share on the common stock, payable June 21. Air Reduction Co., quarterly of 25c. July 15. a Inc.—Extra dividend of 75c. a share and a regular share on the no par common stock, both payable ; Allied Kid Co.—Extra dividend of 75c. a share was paid June 26 on the $5 par common stock. " /i' ' • ■ American Agricultural Chemical Co.—Dividend on the no par capital stock increased from $1 a share to $1.50 a share, payable June 30. American Bakeries Corp.—Initial stock, payable July 1. dividend of 50c. a share on the class B American Box Board Co.—Dividend on the common stock increased from 20c. a share to 25c. a share, payable July 1. American Chain & Cable Co., ' Inc.—Dividend of 50c. a share on the new the three-for-one stock spdt-up, stock to be outstanding after ?ayable June 15. A dividend of $1 was paid on the old stocki''on March 5, last.' "... * ,7 • , American Cities Power & Light Co.—Dividend on the class increased from 20c. a share to 30c. a share, payable June 28. B stock American Discount Co. (Georgia)—Extra dividend of 25c. a share and a regular quarterly of 50c. a share on the no par common stock, both payable July 1. / V.-, ( ■' American Felt Co.—Dividend of $1 a share on the common stock, pay¬ able June 14. American common follows: t CHANGES FAVORABLE Abercrombie & Fitch Co.—Initial semi-annual dividend of $3 common 1,100,000—North American Car Corp.—Offering of $1,100,000 414% equipment trust certificates, series P, was made June 16 by Freeman & Co.; Central Republic Co.; Stroud & Co., Inc., and Chandler & Co., Inc., at prices to yield from 1.75% to 4.80%, 101.50. 1,460,000 West Virginia (State of) 2% and3H% bridge revenue bonds. due on an annual basis from 1938 to 1951 incl., were awarded to Young, Moore & Co., Charleston, and C. W. McNear & Co., s Chicago, jointly, at par, a net interest cost of about 2.82%. The bonds are callable on any interest date after three years from date of issue at a premium of 3 %. \ t , y Motorists Insurance Co.—Stock dividend of 2% stock, payable in coinmon on July 1, next. the on 7 • ; American Potash & Chemical Corp.—Dividend on the no par common stock increased from $1.25 a share to $1.50 a share, payable June 22. American Rolling Mill Co.—Dividend on the $25 par common creased from 30c. a share to 50c. a share, payable July 15. stock in¬ American Shipbuilding Co.—Extra dividend of $1 a share and a divi¬ dend of 50c. a share on the common stock. The former is payable on June 26 and the latter American Thermos on Aug. 2. Bottle Co.—Extra dividend of 75c. a share and a quarterly of 25c. a share on the no par common stock, both payable Aug. 2. a share was paid on the common This compares with 50c. a share paid on Dec. 30, 1936. Anheuser-Busch, Inc.—Dividend of $1 stock on June 30. Apollo Steel Co.—Extra dividend of 12)4c. a share and a regular quar¬ terly dividend of like amount on the common stock, both payable July 1. (D.) Appleton-Century Co., Inc.—Initial dividend of $1 a share on the common stock, payable July 1. Art Metal Construction Co.—Dividend of 60c. a share on the common stock, payable July 1. This compares with 40c. a share paid on April 1, last, and on Dec. 17, 1936. Arundel Corp.—Extra dividend of 25$. a share and a regular of like amount on the common stock, both payable July 1. Athey Truss Wheel Co.—Initial dividend of 25c. a quarterly share on the common stock, payable July 1. Automobile Banking Corp.—Extra dividend of 10c. a share and regular dividends of like amount on the class A common and common stocks, all payable July 1. Automobile Finance Co.—Extra dividend of 10c. a share and a regular quarterly dividend of like amount on the common stock, both payable (B. F.) Avery & Sons Co.—Initial dividend of 37 He. a share on the $25 par 6% preferred stock, payable July 10. . v Backstay-Welt Co.—Extra dividend of 20c. a share in addition to a regular quarterly dividend of 30c. a share on the no par common stock, pay' able a Great Lakes Engineering Works—Dividend of 15c. a share on the $10 stock, payable Aug. 2. Extra dividends of 5c. and regular quarterly dividends of 10c. a share were paid in each of the 11 preceding par, common July 1. quarters. increased from 18c. Corp.—Dividend on the company's stock a share, payable July 1. Banc Ohio Insurance Co., Ltd., Canada—Dividend on the stock increased from $2 a share to $2.50 a share, payable July 2. common the common Blaw-Knox Co.—Interim dividend of 25c. a share on stock, April 15, last. share was paid on June payable June 30 and compares with 20c. paid on 21 Briggs Mfg. Co.—Dividend on the no par common stock 50c. a share to $1 a share, payable June 25. issue, both payable June 30. Honolulu Rapid Transit Co., Ltd.—Dividend on the $20 par, common stock increased from 15c. a share to 30c. a share, payable June 30. Hoskins and stock, both payable Aug. 16. 21 stock. (Philip) Carey Mf gt Co.—Dividend on the common stock increased from 25c. a share to 50c. a share, payable June 30. Central West Co.—Distribution of $1 a share in cash plus one share of common stock of Central Electric & Telephone Co. for each five shares of common stock of Central West Co. stock held, to holders of v. t. c. representing common stock of Central West Co., payable June 15. Chain Stores Investors Trust—Extra dividend of 15c. a share and a ' of 25c. a share on the no par common Manufacturing Co.—Initial dividend of 40c. a share on the stock, par $2.50, payable June 26. The common stock was on a four-for-one basis. new common Huttig Sash & accumulations Door the on Co.—Dividend of $2.25 a share on account of 7% cumul. pref. stock, payable June 30. This dividends on this issue. payment clears up all back Imperial Paper & Color Corp.—Initial dividend of $1 a share on the common stock, payable June 23. Incorporated Investors—Dividend on the common stock increased from 25c. a share to 30c. a share, payable from income on July 30. Industrial Acceptance Corp., Ltd.—Dividend of 37He. a share on the $2 non-cumulative class A stock, payable June 30. This compares with 25c. a share paid on April 1, last. Coal Co., Ltd.—Semi-annual dividend of $3 a share on $100 par common stock, payable July 2. This compares with an extra of $2 and a semi-annual dividend of like amount paid on June 2, last. Intercolonial the International stock, both of arrears on Agricultural Corp.—Dividend of $3 a share on account the prior preference stock, payable June 17. Kalamazoo Stove & Furnace Co.—Extra dividend of 25c. a share and a Champion Paper & Fibre Co.—Dividend on the common stock increased share to 50c. a regular quarterly dividend of like amount on the common stock, par $10, both payable Aug. 1. The above company was formerly known as the share, payable Aug. 16. Chicago Pneumatic Tool Cto.—Initial quarterly dividend of 75c. a on the $3 preferred stock, payable July 1. Kalamazoo Stove Co. share Cincinnati New Orleans & Texas Pacific Ry.—Extra dividend of $2.50 a share and a semi-annual dividend of $5 a share on the common stock, Kelley Island Line & Transport Co.—Dividend on the no par common stock increased from 30c. a share to 40c. a share, payable June 30. (Spencer) both payable June 24. The dividend is Kennedy's, Inc.—Initial dividend of 30c. a share on the common Coca-Cola Bottling Co.. St. Louis—Initial quarterly dividend of 25c. a share and an extra dividend of 25c. a share on the new common stock * on initial quarterly of 37Hc. a share on preferred stock, all payable June 30. stocks and of 10c. a share and a regular Quarterly dividend or 20c. a share on the common stock, both payable mg. 14. Consolidated Retail Stores, Inc.—Dividend of $28 a share on account of accumulations on the 8% cumtfj. pref. stock, par $100, thus wiping out all back dividends on this issue, and a regular quarterly dividend of stock, payable July 15. and class B the company's new Keisch Co.—Initial dividend of 25c. a share on the class A outstanding, both payable July 20. Consolidated Oil Corp.—Extra dividend Kellogg & Sons—Special dividend of $50 payable in cash or stock for each 100 shares of common stock held. payable Aug. 16.? shares of common two the com¬ Columbia Pictures Corp.—Extra dividend of 50c. a share on mon stock and voting trust certificates, payable June 25. now a recently split of 7 He. a share Burry Biscuit Corp.—Initial dividend of 25c. a share was paid June a share on the no par common a stock, pay¬ Inc.—Dividend of 30c. a share on the capi¬ This compares with 25c. paid on April 1, last. Brown Fence & Wire Co.—Extra dividend of 60c. a share on the common stock of $1 par value was paid on June 25. from 25c. Co.—Dividend of $1 Holly Oil Co.—Dividend of 25c. payable July 1. regular quarterly payable July 15. Furnace stock, payable Aug. 2. Broad Street Investing Co., common \ increased from able June 25. the payable July 1. share on the common stock, payable June 15; this will be the first dividend paid on this issue since August, 1933, when 10c. a share was disbursed. Brink's, Inc.—Initial dividend of $1.25 a share on the capital on stock increased (Walter E.) Heller & Co.—Extra dividend of 10c. a share in addition to the regular quarterly dividend of 10c. a share on the common stock, Holland Realty Investment, Ltd.—Dividend of $1.50 a share on the common stock, payable July 2. This compares with $1 paid on Dec. 31, 1936. in Canadian funds on Co.—Dividend on the common payable June 30. Harbauer Co.—Dividend of 10c. a share on the no par common stock, payable July 25. A dividend of 25c. a share was also declared on this Bremner-Norris Buffalo Ankerite Gold Mines, Ltd.—Extra dividend a regular quarterly of 12He. a share on the capital Towing from $1 a share to $2 a share, Beaver Fire Bond Stores, Inc.—Initial dividend of 40c. a on the common stock. Lakes Great share to 20c. tal stock, 13 MONTHLY EEYIEW July, 1937] Knapp Monarch Co.—Directors declared a stock dividend of two ad¬ ditional shares on the no par common stock for each share now held payable to holders of record June 30. ' $2 a share, both payable July 2. Consolidated 7 , . which time 25c. & Paper Co.—Dividend on the $100 par Water Power stock increased from $1 a share to $1.50 a share, payable July 1. common Langendorg United Bakeries, Inc.—Dividend of 50c. a share on account of accumulations on the $2 cumul. class A stock of no par value, payable June 19. This will be the first dividend to be paid since Jan. 15, 1935 at Copperweld Steel Co.—Dividend on the no par value com non stock in¬ creased from 30c. a share to 50c. a share, payable Aug. 31. Covered Wagon Co.—Initial quarterly dividend of 37He. a $1.50 class A stock, payable June 15. share on the Lee a share was distributed. & Tire Corp.—Dividend on the Rubber creased from 25c. a share to 75c. a share, $5 par, capital stock In¬ payable Aug. 2. Lehman Corp.—Special dividend of $1.50 a share and an initial quarterly of 25c. a share on the new capital stock, both payable June 23. Le Roi Co.—Initial dividend of 50c. a share on the common Crystalite Products Corp.—Dividends resumed on the 7% cumulative preferred stock by the payment of $1 a share on June 26, last. This is the first disbursement by the company on this issue since Apri 1931. ' , stock, payable July 12. Liberty Loan Corp.—Dividend of 30c. a share on the class A and class B common stocks, payable July 1. Previously regular quarterly dividends of 25c. a share were distributed. 1 Darling Stores Corp.—Extra partic. dividend of 25c. a share and a regu¬ lar quarterly of 50c. a share on the $2 cumul. partic. pref. stock ana a dividend of 11 He. a share on the common stock, all payable July 1. Lima Davidson-Boutell Co.—Initial quarterly dividend of $1.50 a share on the Lion '/.» 6% preferred stock, par $100, payable July 1. since November, 1920. r Delaware Rayon Corp.-—Dividend on the class A common stock from 50c. a share to 75c. a share, payable June 30. -- increased Delta Electric Co.—Initial dividend of 25c. a share on the common stock, payable June 20. Detroit Steel •> Products Co.—Dividend on the no par capital stock in¬ a share to 50c. a share, payable June 30. creased from 25c. Dominion Foundries & Steel, Ltd.—Initial dividend of 25c. a share on the no common par stock, payable July 15. Duff-Norton Mfg. Co.—Dividend on the no par common from 40c. a share to 50c. a share, payable June 15. stock increased Eastern Magnesia Talc Co., Inc.—Extra dividend of $1 a share and a regular quarterly of $1 a share on the $100 par common stock, payable June 30. (Thomas A.) Edison, Inc.—Extra dividend of $3 a share in addition to the regular quarterly dividend of 25c. a share on the common stock, both were payable June 15. Electric Auto Lite Co.—Dividend on the common stock increased from 60c. a share to 80c. a share, payable July 1. Electric Products Corp.—Dividend on the common stock increased from 25c. a share to 50c. a share, payable July 8. Emerson Drug Co.—Dividends on the class A and class B common stocks increased from 40c. a share to 50c. a share, payable July 1. Federal Mogul Corp.—Dividend on the no par common stock increased from 25c. a share to 35c. a share, payable July 15. (M. H.) Fishman Co., Inc.—Initial quarterly dividend of $1.25 a share on the 5% cumulative preferred stock, par $100, payable July 1. (Peter) Fox Brewing Co.—Extra dividend of 20c. a share and a regular quarterly dividend of 25c. a share on the common stock, both payable June 26. Previously regular quarterly dividends of 20c. a share were distributed. - '• ■: ,, & Heel Co.—Dividend on the $1 par common stock share, payable July 15. Oil Refining Co.—Extra dividend of 25c. a share and a regular quarterly of 25c. a share on the common Davison Chemical Corp.—Special dividend of 60c. a share was paid June 18 on the common stock and was the first dividend paid by the company Cord Sole increased from 12Hc. a share to 25c. a (Arthur G.) McKee Co.—Extra dividend of 75c. a share and a regular ">■ quarterly of 25c. a share on the class B stock, both payable July 1. • (R. C.) Mahon Co.—Dividend of 25c. a share was paid June 15 on the common stock. On March 15, last an initial dividend of 15c. a share was paid. * •• ' (P. R.) Mallory & Co., Inc.—Stock dividend of 100% payable in common stock to holders of record June 21. A cash dividend of 25c. a share was also declared on the larger amount of common stock to be outstanding, payable June 29. ■ Manufacturers Life Insurance Co.—Semi-annual dividend on the common stock of $6 a share, payable July 2. This compares with $5 a share paid previously. . Mapes a quarterly of 15c. a share on the common stock, both payable July 25. Consolidated Manufacturing Co.—Extra dividend of 25c. a and a regular quarterly of 50c. a share on the common stock, both payable July 1. ' Maritime Telegraph & Telephone Co., Ltd.—Dividend on the $10 par common stock increased from 15c. a share to 20c. a share, payable July 2, snare Mar-Tex Oil Co.—Extra dividend of lc. a share and a regular of 5c. a share on the common stock, both payable June 30. quarterly Corp.—Dividend of 50c. a share on the common stock, payable June 30, and the first paid since Oct. 15, 1931, when 12Hc. a share was Mead distributed. , Messinger Corp.—Initial payable July 31. , « dividend of 25c. a share on the common stock, Michigan Sugar Co.—Dividend of 50c. a share on the 6% cumulative preferred stock, payable June 21. The last previous payment made on this issue was in December, 1925. Mickelberry's Food Products Corp.—Initial share on the new quarterly dividend of 60c. a $2.40 preferred stock, payable July 1. & Mfg. Co.—Interim dividend on the no par common increased from 40c. a share to 50c. a share, payable July 1, Minnesota Mining ... Froedtert Grain & Malting Co.—Extra dividend of $1.05 a share and stock, both payablp July 20. Lynch Corp.—Special dividend of $1 a share on the $5 par common stock, payable June 29. stock Missouri Portland Cement Co.—Dividend of 50c. a share on the common with 75c. paid in December, stock, payable June 30. This compares 1936 and 25c. on Oct. 31, 1936. Gardner-Denver Co.—Extra dividend of 10c. a share and a quarterly dividend of 25c. a share on the larger amount of no-par common stock now outstanding, both payable July 20. Mutual System, Inc.—Extra dividend of lc. a share in addition to the regular quarterly dividend of 5c. a share on the common stock, both Garlock Packing Co.—Dividend of 75c. a share on the no-par common stock, payable June 30. Previously regular quarterly dividends of 25c. Nachman a share were distributed. General Acceptance Corp.—Extra dividend of 5c. a share in addition to a regular quarterly of 25c. a share on the common and class A stock all payable June 15. General Capita ICorp.—Dividend on the common stock increased from 25c. a share to 40c. a share, payable July 10. Finance Corp.—Quarterly dividend of 15c. a share on the stock, payable June 21 and compares with dividends of 10c a paid in previous quarters. General common share General Fireproofing Co.—Dividend on the from 25c. a share to 30c. a share, payably common stock increased July 1. Paint Corp.—Dividend reserved on the common stock by declaration of 25c. a share, payable July 1, next. This will be the first distribution on this issue since April, 1930. General Shoe Corp.—Dividend on the no-par class A and B common stocks increased from 85c. a share to $1 a share, payable July 15. General Gorham Mfg. Co.—Dividend on the no-par common stock increased from 25c. a share to 50c. a share, payable June 15. Great American Transportation Corp.—Dividend of $1.50 a share on the common stock, payable July 1. This compares with an extra of ' 25c. and a regular dividend of $1 paid on Dec. 21, 1936. payable July 15. Spring-Filled Corp.—Dividend on the capital stock increased from 25c. a share to (A.) Nash & 37He. a share, payable June 25. Co.—Dividend of $1.50 a share on the common stock, payable June 26. National Bearings Metals Corp.—Dividend on the common stock in¬ 50c. a share, payable Sept. 1. dividend of 25c. a share on the creased from 37He. a share to National City Lines (Chicago)—Initial common stock, payable Aug. 1. v & Type Co.—Initial dividend of 25c. a share on stock, payable Aug. 16, next. National Paper common National Tea Co.—Action deferred on the payment dividend of 15c. a share on July 1. the of the regular quarterly Naumkeag Steam Cotton Co.-—Dividend on the common from $1 a share to $2 a share, payable July 1. stock Increased Hampshire Fire Insurance Co.—Special dividend of 20c. a share and a regular quarterly of 40c. a share on the $10 par capital stock, both payable July 1. New Idea, Inc.—Initial dividend of 15c. a share was paid June 30, on the common stock. New & Warehouse Co., Ltd.—Dividend on the stock increased from $1 a share to $1.50 a sharS and June 21, last. New Orleans Cold Storage $100 par, common payable on became MONTHLY REVIEW 14 New York Steam Corp.—Action on the payment of dividends on the $6 and $7 preferred stock due at this time was settled. Regular quarterly dividends of $1.50 and $1.75 a share, respectively, were paid on these issues up to and including April 1, last. United Specialties Co.—Dividend on the common stock increased from 15c. a share to 35c. a share, payable July 1. United States Casualty Co.—Initial semi-annual dividend of 22 He. a share was paid June 1 on the conv. preferred stock. of 15c. a share was Niagara Share Corp. of Ind.—Dividend of 15c. a share on the class B common stock, par $5, payable July 26. This compares with 50c. paid on Dec. 18,1936 and 10c. a share oh July 15,1936. North American Finance Corp.—Initial quarterly dividend of 25c. a share on the class A stock, payable July 1. United Wall Paper Factories, Inc.—Initial dividend dividend of 75c. a share and a regular quarterly of 37He. a share on the $25 par common stock, both were payable June 25, last. Ontario Manufacturing Co.—Dividend on the no par common stock increased from 40c. a share to 50c. a share, payable July 1. Vanadium Alloys Steel Co.—Extra dividend of $2.25 a share was paid June 25, on the no par common stock and a regular quarterly of 60c. a share on June 2. Vapor Car Heating Co.—Dividend on the no par common stock increased from 50c. a share to $1 a share and became payable on June 10. Hudson River RR.—Dividend of $2.25 a share on the capital stock par $50, was paid July 1. This compared with 60c. a share paid on March 30, last. Virginia-Carolina Chemical Corp.—Dividend of $1.50 a share on account or accumulations on the 6% participating preferred stock, payable June 24. The last previous distribution on this issue amounted to $2 a share • North & Judd Mfg. Co.—Extra & Paterson ' paid June 26 on the common Universal Leaf Tobacco Co., Inc.—Extra dividend of $1.50 a share and a regular quarterly of 75c. a share on the common stock, both payable Aug. 1. and was made on Peaslee-Saulbert Corp.—Initial quarterly dividend of 25c. a share was paid June 30, on the common stock. Peck, Stow & Wilcox Co.—Initial dividend of $1 a share on the common stock, payable June 15. Pepperell Mfg. Co.—Special dividend of $5 a share on the $100 par, capital stock, payable June 28. Peter Paul, Inc.—Dividend on the no par common 75c. a share to $1 a share, payable July 1. stock increased from , Previously dividends of 10c. a share were 15. Pollock's, Inc.—Initial quarterly dividend of 37He. a share on the 6% preferred stock and an initial dividend of 7 He. a share on the common stock, both payable June 15. Rath Packing Co.—Dividend of 33 l-3c. a share on the common stock, payable July 1. The company on April 1, last, paid a stock dividend of 50% and prin. thereto regular quarterly dividends of 50c. a share. Rheem Mfg. Co.—Initial dividend of 7c. a share on the common stock, payable July 1. <H. V.) Rickel & Co.—Extra dividend of 27c. a share and a regular semi¬ annual dividend of 8c. a share on the $2 par common stock, both payable July 30. Royal Typewriter Co., Inc.—Dividend of $2.50 a share on the common stock, payable July 22; this compares with 75c. paid on June 15 and March 15, last. San Carlos Milling Co., Ltd.—Dividend of 50c. a share on the $10 par, common stock, payable July 15. This compares with 20c. a share paid Oct. 1, 1929. Vlchek Tool Co.—Dividend on the common share to 15c. a share, payable June 30. stock increased from 10c. a Ltd.—Extra dividend of 15c. a share and a regular quarterly of 25c. a share on the common stock, both payable July 2. Warren Foundry & Pipe Corp.—Extra dividend of 50c. a share and a quarterly dividend of 50c. a share on the no par common stock, both payable Aug. 2. Previously regular quarterly dividends of 25c. a share Wabasso Cotton Co.. distributed. were Petroleum Heat & Power Co.—Dividend of 20c. a share on the common stock, payable June distributed. stock. Washington Gas Light Co.—Initial quarterly dividends of 30c. a share on the common stock: and $1.12H a share on the $4H cumul. convertible preferred stock, payable Aug. 2, and Aug. 10, respectively. ; Wehle Brewing Co.—Stock dividend of 2H% a share In class B stock was paid July 1 on the $10 par common and class B shares. Wellington Fund, Inc.—Extra dividend of 40c. a quarterly of 15c. a share on the $1 par common each month previously. mon was stock now outstanding, both Electric Co., Inc.—Dividend of 75c. a share on the no par capital stock payable June 30. This compares with 60c. a share paid on March 31, last. : * 1 Western , Western Grocers, Ltd.—Dividend on the no par common from 60c. a share to 75c. a share, payable July 15. tost. share were paid June 25 on the no par common stock. This compares of 40c. a share paid on April 1, last. on the company's stock increased from share, payable July 1. with quarterly dividends Shawmut Association—Dividend a share to 20c. a Sheep Creek Gold Mines, Ltd.—Extra dividend of one cent a share in addition to the regular quarterly dividend of two cents a share on the common stock, both payable July 15. Shepard Niles Crane Hoist Corp.—Stock dividend of 100% and a cash dividend of $1.50 a share were both paid on the $25 par common stock on June 1, last. Simplicity Pattern Co.—Initial dividend of 25c. a share was declared on the common stock, payable July 1. (T. L.) Smith Co.—Initial quarterly dividend of 15c. preferred stock, par $10, payable June 1. a share on the 6% Southern New England Telephone Co.—Dividend on the capital stock Increased from $1.75 a share to $2 a share, payable July 15. Southwestern Bell Telephone Co.—Dividend on the $100 par, common payable June 30. stock increased from $2 a share to $2.25 a share, ► Spang, Chalfant & Co., Inc.—Dividend of $3 a share on account of accumulations on the 6% cumulative preferred stock, par $100, payable Aug. 2. This payment will clear up all arrears on the preferred stock. " Sparks Withington Co.—Dividend of $27 a share on account of accumu¬ lations on the 6% cumulative preferred stock, was paid on June 26. This payment was the first made since Dec. 15, 1932 and clears up all accruals on the stock. i Square D Co.—Dividend of 35c. a share on the class B stock of no par value, payable June. This compares with 25c. a share paid on March '!;* 31, tost. • /. ' '• (A. E.) Staley Mfg. Co.—Initial quarterly dividend of $1.25 a share on the $5 series preferred stock and an initial dividend of 20c. a share on the $10 par new common stock, both payable June 20. (L. S.) Starrett Co.—Dividend of $1.75 no par common a share was paid June 26 on the Regular quarterly dividends of 35c. a stock. previously distributed on share were , , common 1. of 50c. a share was paid dividend of 25c. a share and a regular paid June 28 on the $10 par, quarterly dividend of 37He. a share were stock. CHANGES UNFAVORABLE , Co.—No action taken on the no par common a share was paid on March 31, last, and each three months previously. /' v American Stores Co.—Dividend on the common stock reduced from 50c. a share to 25c. a share, payable July 1. American Maize Products stock at this time. Shasta Water Co.—Extra dividend of 30c. a share and a quarterly of 50c. 10c. Woodward & Lathrop Co.—Extra common ' a WJR, The Goodwill Station—Extra dividend June 12 on the $5 par, common stock. recently split on a two-for-one basis. Sayers & Scoville Co.—Dividend of $1.50 a share on the common stock, par $100, payable July 1. This compares with 50c. paid oniApril 1, stock increased Weston Electrical Instrument Corp.—Dividend on the no par stock increased from 25c. a share to 50c. a share, payable July The company's stock payable July 1. share and a regular stock, both payable June 30. ' Sangamo Electric Co.—Extra dividend of 25c. a share along with an initial quarterly dividend of like amount on the larger amount of com¬ ^ Weinberger Drug Stores, Inc.—Extra dividend of 40c. and a quarterly of 50c. a share on the no par common stock, both payable June 26. This compares with a dividend of 40c. a share paid on April, 1, last. A dividend of 25c Brooklyn-Manhattan Transit Co.—Dividend on the no par common decreased from $1 a share to 50c. a share, payable July 15. stock v, > Mills, Ltd.—Action on the common dividend ordinarily pay¬ able at this time deferred. An interim dividend of 10c. a share was paid on April 15, last. Bruck Silk Certain-teed share on the Products Corp.—Regular quarterly dividend of $1.50 a company's 6% preferred stock due July 1, omitted. Churngold Corp.—Dividend on the capital stock reduced share to 10c. a share and became payable on June 30. from 30c. a Cincinnati Union Stock Yards Co.—Dividend on the no par common stock reduced from 40c. a share to 30c. a share, payable June 30. Crown Drug Co.—Dividends ordinarily payable on the common this time omitted. On April 10, last, 10c. a share was paid. stock at payment of the dividend on omitted. On April 1 last, of 20c. a share was made. First Boston Corp.—Dividend of 50c. a share on the capital stock, payable June 29. This compares with $2 paid on Dec. 22, 1936 and $1.50 on Eureka Vacuum Cleaner Co.—Action on the the common stock normally due July 1, was a regular quarterly disbursement 1936. July 23, Holophane Co., Inc.—Dividend on the no par common stock from 50c. a share to 20c. a share and was paid on June 28. reduced * - Candy Co.—Dividend due at this time on the common omitted. On April 1, last, 25c. a share was paid on this issue. National Pennsylvania Gas & Electric Co.—Dividend of cumulative preferred stockpar $100, payable $1 was paid on April 1, last, and $1.25 a share ceding quarters. 75c. a share on the 7% July 1. A dividend of in each of the four pre¬ : Sterling Brewers, Inc.—Dividend on the $1 par common from 30c. a share to 10c. a share, payable July 15. Co.—Dividend on the July 1 was omitted. In each of of 20c. a share were paid. Troxel Mfg. this issue. stock - stock decreased $1 par capital stock, ordinarily due on the three preceding quarters dividends . (Frederick) Stearns & Co.—Dividend from 25c. a on the common share to 35c. a share, payable June 30. stock increased Stecher Traung Lithograph Corp.—Dividend on the no par common stock increased from 50c. a share to $1 a share, and became payable on June 30. ■' the $5 par common stock increased share, payable June 15. Strauss-Hirshberg Co.—Dividend from 22He. a share to 25c. a on Supertest Petroleum Corp., Ltd.—Extra dividend of 25c. a share and a regular semi-annual dividend of 50c. a share on the company's common * stock, both payable July 2. Swan-Finch Oil Corp.—Dividend of $3 a share on account of accumulattions on the 7% cumulative preferred stock, par $25, payable June 25, thus clearing up all accruals on the preferred. Directors also declared a dividend of 25c. a share on common, likewise payable June 25, and the first to be made on this issue since Jan. 15, 1929, when 30c. a share was . 1 ■< distributed. ■< . . • • Symington-Gould Corp.—Dividend of 25c. a share on the common stock, payable July 30. An initial dividend of 10c. a share was paid on March 31, last. Tennessee Corp.—Dividend of 25c. a share on the $5 par common payable July 22. This compares with 15c. a share paid on Dec. 18, stock 1936. stock in¬ Thompson Products, Inc.—Dividend on the no par common creased from 40c. a share to 50c. a share, payable July 1. Tintic Standard Mining Co.—Dividend on the common stock increased from 18c. a share to 25c. a share, payable June 30. Title & Mortgage Guaranty Co., Ltd. (New Orleans, La.)—Dividend the common stock increased from $1 a share to $1.25 a share, payable July 1. i ' Tokheim Oil Tank & Pump Co.—Extra dividend of 25c. a share and a regular quarterly dividend of like amount on the common stock, both payable July 14. /. Union Premier Food Stores, Inc.—Initial quarterly dividend of 20c. a share on the common stock, payable July 1. Union Stock Yards of Omaha—Dividend of $1 a share was paid on June on # 30, on the common stock. This compares with a dividend of $1.50 a share paid on March 31, last, and each three months previously.' United Artists Theatre on the United consecutive and at month, the JUNE, 1937 levels in June for the fifth same time the volume of trading continued to shrink. The recession in stock was severe—amounting to 5.62 points in the average prices of 50 against a decline fell to a total of 16,449,193 shares compared with 18,549,189 shares in May and 21,428,647 Shares in June, 1936. It was the smallest month's trading since March, 1935, and there were only two days in the month in which the volume amounted to as much as 1,000,600 shares. The daily average for the month, Saturdays included, was 540,000 shares. Stock prices in the aggregate dropped to their lowest levels in just a year. The month's loss extended the de¬ compiled by the New York "Times" of 0.41 of a point in May—and turnover stocks ° Taylor-Colquitt Co.—Special dividend of 25c. a share and a regular quarterly of 50c. a share on the no par common stock, both payable June 30. A dividend of 50c. a share was paid on March 31, last. i STOCK MARKET DURING COURSE OF THE The stock market fell to lower Circuit, Inc.—Initial dividend of $1.25 a share 5% preferred stock of $100 par, was paid on June 15, last. Dyewood Corp.—Extra dividend of 25c. a share and a regular quarterly dividend of like amount on the common stock, both payable United Shirt Distributors, Inc.—Dividend on the no par common stock increased from 7Hc. a share to 12Hc. a share, payable June 23. cline in the index stock this year to 13.16 points. The industrial and rail shares, 25 of the former showing a recession of 6.35 points and 25 of the latter 4.89 points. Somewhat para¬ doxically, the only grouping of industrial stocks to show a weakness rise in was June fairly well distributed among the was the steel shares, the classification that expected to be hardest hit by the labor strife that was the outstanding characteristic of the month in the industrial realm. Six steel stocks advanced 1.06 one might have The groups hardest hit by the selling railroad equipments and motors. a rally in the concluding session of the month the steel stocks to close with a gain of slightly points for the month. were the coppers, Only 'enabled more than a point. That rally developed simultaneously of signs that the stalemate between the struck steel companies and the Steel Workers Organizing Committee was being resolved. The strike against certain with the appearance plants of the three largest "independent" producers of steel, MONTHLY REVIEW July, 1937] namely, Republic Steel, Youngstown Sheet & Tube, and Inland Steel, began on May 26 and progressed with fluctuat¬ ing fortunes down to the end of June. On June 30 it was announced in Indianapolis that Inland Steel and the S* W. O. 0. had signed a "memorandum of understanding" which was not an agreement between the company and the union but between the two interested parties and the State Labor Department ) of Indiana. The memorandum, provided that the company would recognize the S. W. O. 0. as the col¬ for the 15 period. same As the month progressed slight reces¬ the rule among the better grade issues, while medium grade bonds suffered to a much greater extent. De¬ clines among railroad bonds in the medium and lower sion were grade classifications were especially heavy. In the following table we show, as usual, the fluctuations for the month in the different issues of United States Gov¬ ernment obligations, and a considerable number, likewise, of domestic corporate and foreign government bond prices: lective bargaining agency for its members. The pact signed by Inland Steel and States and was accompanied by active intervention part of Federal and State authorities, with blood¬ shed, much incidental violence, declarations of martial law and the appointment of a Federal Mediation Board by Sec¬ retary of Labor Perkins spread upon the record. The point at issue between the companies and the union was whether an agreement would be signed between them. The com¬ panies steadfastly refused to sign an agreement, citing seven on the abundant of contract breaches to show that the evidence Committee for Industrial Organization was not a respon¬ sible body. The Inland Steel memorandum on the last day of the month did not cover the issue of the written con¬ tract, that thorny point being left to the decision of the National Labor Relations Board. • The militant tactics of the S, W. 0. <X, together with the by the Roosevelt Administration, created a situation fraught with menace, and the pessimistic mood in which the stock mar¬ ket went through Jpne was traceable more to the RooseveltLewis alliance than to any other single factor. The effect of the widespread strike on steel production is graphically portrayed by the drop in output in the last week of May from 91% of capacity to 77.4%. Throughout the month steel output clung around the level of 76% of capacity. moral comfort lent the to John L. Lewis forces A further cause of anxiety in June was the embarkation by the Roosevelt Administration on another of its "witch hunting" expeditions, this time in search of wealthy tax¬ who were accused of evading and avoiding taxes by payers means that morally culpable where they were not definitely illegal. On June 1 President Roosevelt sent a special message to Congress asking for the enactment of legislation to close loopholes in the present tax laws. From the fact that many of the tax devices resorted to were not of recent origin, and susceptible of prosecution by the Treasury where illegality was suspected without any change in the law, the conclusion was that the Administration was using the tax method exposure as a smoke screen to hide the gross overestimate by the Treasury of the probable tax were payments this year, i / Investment markets here were disturbed, too, by the pre¬ carious position of peace in Europe and, specifically, by the parlous state of French finances. The French franc at length gave up the unequal struggle in the early morning of June 29 when the newly-appointed Chautemps Cabinet Closed down Paris markets and restricted foreign exchange transactions to the most necessary dealings pending the working out of a new financial and currency program. All signs pointed to further sales of American securities by foreigners. Though the drift of funds from Europe to the United in States was June, the funds of close to record-breaking proportions were finding lodgment in bank deposits rather than in the stock market. As to the fluctuations in individual stocks, United States Steel was at its highest June 5 at 102% and at its lowest June 17 at 92%, with the close June 30 at 99%. Steel pre¬ ferred was at its highest June 2 at 136% and at its lowest June 14 at 126%, with the close June 30 at 132. American Tel. & Tel. fell from 170% June 10 to 159% June 29, with the close June 30 at 166%. American Can moved down from 99% June 1 to 90% June 15, with the close June 30 at 96. General Electric was at its highest June 7 at 54% and at its lower June 14 at 49%, with the close on June 30 at 52%. Allied Chemical & Dye moved down from 231% June 7 to 215 June 17, with the close June 30 at 217%. Westinghouse Elec. & Mfg. dropped down from 144% June 5 to 132 June 17, with the close June 30 at 143. Consoli¬ dated Edison Co. of N. X. fell from 35% June 4 to 31% June 14, with the close June 30 at 33%. In the railroad list New York Central was at its highest June 5 at 45% 34%, with the close June 30 at 36%. Delaware & Hudson fell from 44% June 5 to 33 June 28, with the close June 30 at 36. Union Pacific moved down from 140 June 5 to 122% June 30, with the Close on and at its lowest June 28 at the latter day at 123. Southern Pacific was at its highest Government Bonds close June 30 at to 24% 43%. June 28, Baltimore & Ohio fell from 31% with the close June 30 at 26%. Chesapeake & Ohio moved down from 59% June 5 to 50% June 29, with the close June 30 at 52. Southern Railway was at its highest June 7 at 38% and at its lowest June 28 at 25%, with the close June 30 at 28%. The bond market in June experienced rather diverse move¬ ments. Better grade corporate bonds advanced about one point in the early part of the month making for complete from the low point reached in April. Medium grade issues, however, remained practically without change Sale Sale Lowest June 1 June 30 Highest Treasury 4Xs— .-.1947-1952 Treasury 3X8— .—1943-1945 115.12 June 28 116.2 June 105.29 June 29 106.22 June 5 106.17 3 106.3 Treasury 4b— 111.15 111.3 June 29 111.22 June 6 111.8 109.30 109.15 June 30 109.30 June June 106.10 June 28 107 1 109,15 106.28 5 102.27 102.8 June 22 102.28 June 1 104.15 103.24 June 28 104.15 June 1 105.22 105.11 June 28 105.23 June 1 106.19 106.4 June 28 106.19 June 1 104.31 104.6 June 29 104.31 June June 28 104.20 June 1 —1944-1954 Treasury 3Xs .—1946-1966 Treasury 3Xs —1943-1947 Treasury 3s —.1951-1955 Treasury 3s —1946-1948 Treasury 3Xs— 1940-1943 — Treasury 3X8— —1941-1945 Treasury 3Xs 1946-1949 Treasury 3Xs— —1949-1952 Treasury 3Xs Treasury 3Xs——1944-1946 Treasury 2Xs— —1955-1960 Treasury 2 Xs— -1945-1947 Treasury 2 Xs Treasury 2Xs Treasury 2Xs Treasury 2 Xs 116 104.9 104.15 mmmm 102.13 103.27 ■ .....■ 104.17 7 106.20 105.31 June 22 106.20 June 1 106.14 105.29 June 28 106.16 June 5 106.3 100.22 100.4 ----- June 29 100.25 June June 29 102.31 June 1 100.11 102.29 102.7 1 102.18 100.25 99.30 100.10 June 22 100.25 June 1 100.15 —.1951-1954 99.13 June 29 99.30 June 1 99.26 —1956-1959 99.21 99.4 June 29 99.22 June 2 —1949-1953 97.30 97.13 June 29 97.30 June 1 102.21 June 28 103.3 June 102.4 June 15 102.19 June 5 103 7 102.10 —1948-1951 Fed. Farm Mtge. 3Xs. 1944-1964 3s....—., —.1944-1949 103 102.14 99.15 97.24 102.29 —.1942-1947 102.29 2Xs ....1942-1947 Home Owners L'n 3s ser A—1952 June 102.28 June 16 103.2 101.8 June 23 101.22 June 101.25 June 22 102.5 June 3 101.11 101.31 8 102 100.6 100 June 29 100.16 June 9 100.10 1 100.2 8 99.30 3s 2Xs series B— —.1939-1949 2X8 series G-— —.1941-1944 99.23 June 99.23 Allegheny Corp coll trust 5s 1944 95 78 x 77X June 30 83 x Brooklyn Union Elev 5s—- .1950 Ches A Ohio gen 4Xs——-.1992 ChicMllw St P & Pao 5s A.. 1975 105 x 118 x 17 94 h Lehigh Valley (Pa) cons 5s-2003 Liggett & Myers Tob 7s 1944 Mo Kan Tex cum adj 5s— .1967 New York Central conv 63—1944 3Xs ..—.—1946 N Y C A St L4 Ha ser C——1978 NYNH&Hlstret4 Xs—1967 68 79x 103 104 111 Cent C St L & N O 5s——1963 mternat Paper 5s ser A A B—1947 Kan City Sou ret A impt 5s—1950 98X 118X 21X 12 X 90 X 28 x Chic A N W 4Xs series A—.1949 C C C A St L4Hsseries E—1977 Erie ret A impt 6s ot 1927 1967. Great Northern gen 4 Xs— -1977 June 78X June 11 68 x 79 83 X June June June 1 123 X June 28 30 18 June 29 June 29 94 X 79 X June 29 99 119x 22x 13 x June June June 91 June June 99X June 29 102X June 79 71x June 30 June 30 7 1 1 89 X June 63 89 x 71X June 104"" 129 X June June 10 1 132 63 X June 30 68X June 8 June 1 101X June 23 104 102 101 129 h 80X 86% June 29 102 X June June June 25 88 63x 83x June 29 46 June 2 June 23 24 June 6 99 X June 103 X June 116X June 93 X June 101H June 95 x 104 29 29 1 30 28 103 June 100X 110 June 105 x 117X June 95 X June 93x June 102 x 104 1937 Closing Highest June 30 Range for June, Opening 20"" 104x 103X June 28 106X June 105h ioix 109 h 116 X Price Price Lowest June 1 8 1 101X June June 100 100 107 x 106 x June 29 108 2 103 x June 3 104 June 11 109*" 109 1 111 June 23 101 100X June 18 101X 111X June 4 112 x 110 June 22 119x 117x June 30 119 30x June 1 36 Austrian 6X8——.1952 79 63 131 6 38 20 Northern Pacific 4s—.1997 (Govt) 7s —.1957 Belgium (Kingdom) 6X8-—1949 Brisbane (City) 5s———1957 Canada (Dominion) 5s——1952 French Republic 7Xs stpd—1941 External 7s stamped——1949 German (Rep) 7s stamped- -.1949 German (Govt) Interaat 5Xs stamped— 1965 New South Wales (State) 5s .1957 Norway 4s—-1963 Queensland (State) ext 7s—1941 74 x 162"" 23x Pennsylvania RR deb 4XS--1970 Conv deb 3Xs~ ..—1952 Pitts C C A St L 5s ser A—1970 Warner Bros Pictures 6s.—1939 Argentine ext'l 4Xs 1971 Australia 5s of 1925————1955 71 103 14 43 Foreign Bonds 95 x 78x 110x June 21 106 June 29 105X June 7 85 June 18 June 29 72 82« 101 N Y Ont A Western ret 4s—.1992 4s—.1952 June 14 108 X June 28 111X June June 103 H June 29 107 65 X June 22 75X June 106 x 75 x 4s. 1948 Convertible 4 Hs—..—1960 Bost & Maine 1st 5s ser A-C. 1967 June 29 100 75 110 _ Rome (City) ext Closing June 30 Price Lowest 99 Amer A Foreign Power 5s...2030 Atch Top A S Fe gen 4s-—-1995 Western Maryland 1st 1937 Highest Price June 1 Baltimore A Ohio 1st gold 3 June Range for June, Opening Railroad and Industrial Bonds 112 116 June June 9 June 100X 106 x 103 x 109 x 101 June 7 112 June 3 110 June 12 u7x June 21 34 June 8 28 102 X June 15 103 X June 97 X June 3 98 X June 30 x 14 103 26 28X June 1 29 1 4 111X June 11 72 X June 29 75 X June 14 98x 110X 75x 98x 110X June 72 x VOLUME OF BUSINESS ON THE CURB EXCHANGE 1936 1937 Month of June ,1 1934 1935 . 4,327,380 5,296,710 4,440,137 3,522,430 Domestic-—- $29,779,000 $55,295,000 1,509,000 1,508,000 $97,936,000 927,000 Foreign corporate-——- 873,000 535,000 1,009,000 $71,500,000 2,786,000 2,305,000 Total bond sales-——. $31,187,000 $58,312,000 $99,872,000 $76,591,000 30— Stock Bales—No. of sharesBond sales (par value)— 66,011,332 74,900.269 24.974,905 38,357,641 Stock sales—No. of shares. Bond sales (par value)— Foreign government — Jan. 1 to June Domestic-----—-—---- $244,998,000 $462,567,000 $607,585,000 $570,156,000 21,264,000 8,842,000 10,286,000 7,403,000 Foreign government — 17,174,000 6,210,000 7,016,000 6,329.000 Foreign corporate-—Total bond sales- ------ $258,730,000 $479,869,000 $622,637,000 $608,594,000 VOLUME OF BUSINESS ON THE STOCK EXCHANGE 1 1937 Month of June June 4 at 52% and at its lowest June 28 at 40%, with the June 2 Last Range During June, 1937 First the union was the first sign of peace in one of the most bitter and prolonged strikes in American labor history. The strike extended over shares value)— 16,449,193 Railroad & miscell-— 139,892,000 State, munlo. & foreign. United States Gov't— 24,986,000 Total bond sales—— Stock sales—No. of Bond sales (par $ 1936 21,428,647 $ 1934 1935 22,336,422 $ ' 16,800,155 . 8 14,020,000 178,800,000 26,657,000 15,088,000 191,875,000 29,300,000 42,175,000 156,089,000 46,213,500 64,574,100 178,898,000 220,545,000 263,350,000 267,056,600 228,870,927 260,754,540 124,848,382 213,277,322 Jan. 1 to June 30— Stock sales—No. of shares .$ Bond sales (par value)— Railroad and miscell- - - State, munlo. A foreign United States Gov't—: $ $ $ 1.245,417,000 1,468,491,000 1,059,901,000 1,368,972,000 191,827,000 267,109,000 173,884,000 145,992,Q00 194,387,000 420.664,000 361,771,000 328,418,700 ^recovery Total bond sales. — 1,704,353,000 1,788,367,000 1,674,952,000 2,059,161,700 MONTHLY 16 THE MONEY MARKET JUNE, DURING money market more sensitive to position, the money rate structure, nevertheless, was able to easily adjust itself to the impor¬ tant movements incidental to the mid-month government financing. Excess reserves for the country as a Whole de¬ clined from over $900,000,000 at the beginning of the month to $750,000,000 June 16, mainly due to an increase of $165,000,000 in Treasury balances held in Reserve banks, as a result of payments for the new note issues and quarterly income tax collections, but subsequently a considerable part of the loss was regained through the redemption of Treas¬ ury bills and other government disbursements. Mid-month Treasury financing included two issues of notes of approxi¬ mately $426,000,000 each, one to mature in 2% years and bearing 1%% interest, and the other maturing in 4% years and bearing 1%% interest. Subscriptions to these two issues totaled about $5,000,000,000. Of the amount raised, the made has serves outstanding on May 31, compared with commercial paper 1937 markdown in excess member bank re¬ While the recent REVIEW $285,000,000 outstanding at the end of April, but with only $184,300,000 at the end of May, 1936. RATES FOR MONEY AT NEW YORK changes in the reserve Week Ended— June Stock Exchange: Range for week (mixed & Ind. collat.). Week's aver, (mixed & ind. collat.) — Time loans (mixed & Indus, collat.): 5 June 12 June 19 June 26 July 1 Call loans on 1@1 I t 1@1 1 1 1@1 1 IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX 1 1 1 1 1 1 1 1 1 1 IX — days Four months Five months Six months Commercial paper: IX IX — Sixty days Ninety ■ Double and single names: Prime 4 to 6 months. 4 to 6 months 1 Good \X IX — - bankers' in Trading 1@1 l) IX Thirty days j 1@1 1 continued acceptances moderately with the investment demand, notably for account, again exceeding the available supply by $300,000,000 was- employed to redeem maturing Treasury bills, while about $600,000,000 represented new borrowing. Including the issuance of $500,000,000 of adjusted service bonds to the Government Life Insurance Fund, the public debt during the month increased by approximately $1,175,000,000 to a new high of $36,400,000,000. The feature of the month was the continued record influ/ of gold resulting in a rise of the gold stock of the country by approximately active, $330,000,000 to a new high of $12,318,000,000 and a further growth of the inactive gold fund to over $1,000,000,000. Im¬ ports during the month aggregated $202,800,000, whereof $145,000,000 came from England, $20,400,000 from Canada, $15,300,000 from Japan, $10,600,000 from France, and $4,800,000 from India. Discount holdings of the 12 Reserve banks increased further from $15,698,000 May 26 to $17,485,000 June 2, but subsequently receded to $9,929,000 June 30. Bills bought in the open market declined from foreign May 29, and bills $6,260,000 May 26 to $3,801,000 June 30, while total member bank reserves receded from $6,943,597,000 May 26 to $6,854,411,000 June 23, and were $6,900,288,000 June 30. rates for 273-day Treasury bills were Average discount 0.619% slightly compared with a range of 0.617 to 0.738% during May, while average yields on one- to five-year Treasury notes rose from 1.17 to 1.34%, lower, ranging between 0.545 and and from 2,50 to bonds of over five years' maturity On the Stock Exchange the official those on Treasury rose 2.55%. call loan rate was unchanged CALL LOAN RATES - as at 1%. ON THE NEW YORK STOCK EXCHANGE Renewal Low High Low High June 1 1 1 1 June 16— 1 1 1 June 2 1 1 1 June 17... 1 1 3 1 1 1 June 18— 1 1 1 June 4 1 1 1 June 19— June 5 June 6... June 7— 1 1 June 8 1 1 June 9 1 June 10. 1 1 1 1 April 30 and $330,531,460 May 29, 1986. Import bills again increased slightly from $167,074,407 April 30 to $167,505,817 based on domestic shipments from 701,523 to $13,053,761, whereas export bills declined follows: as "Investment 1 June 22— 1 1 1 1 June 23... 1 1 1 1 June 24... 1 1 June 25... 1 1 June 26... Saturday June 27... Sunday Saturday 1 1 1 1 1 loan Time minimum. 1 showed $9,000,000, reflecting chiefly a decrease in domestic ware house bills. At the end of May accepting institutions held 1 1 1 1 1 1 1 1 a in their own standing, changed from one rates on remained collateral security supply, which increased slightly for a short consequently dealers' portfolios remained at a During May the volume of bills outstanding decline of a seasonal nature amounting to exceed the time, and 1 1 lJune 30... *4%, 1 June 29 1 15.._ became: One to 90 days, 7/16%; four and five and six months, 9/16%. Even the reduction in rates, the demand for bills continued therefore 1 June 28... Sunday 13. June 14— June to 1 1 1 June 12 after Sunday 1 un¬ years." • portfolios approximately 76% of all bills out¬ smallest proportion so held in about 3% the " '/ the previous rate of 1*4% for loans running to three months and 1*4% for longer terms. As at heretofore, few new accommodations were sought, and most transactions concerned the renewal of older loans. DAILY RECORD PRIME BANKERS Call Loans June 180 Days 150 Days 120 Days 90 Days 60 Days 30 Days Secured by Bid & Ask Bid dk Ask Bid & Ask Bid <t Ask Accept' ces Bid & Ask Bid & Ask 1 Mixed on 2 Collateral X~he 4— 9i6~X *\6-X 9w~X 9\erX X-7K X~7\e 3 X~7t6 30 Days 60 Days 90 Days 4 Months 5 Months 6 Months X X X X X X X June 2... June 3— X X 7 X X X X X X X X X 8 M-716 X~7\e x 9— X-7ie June 4 X . X X X X June 5... Satur day June 6... June 7— X June 8... X June 9— X June 10— X 6 June 11 V- X X ,v X X X 13 X X X 14 15 X jf X .'. •'* l-',; • 16— ... 17 day 18—_ 9\e~X 916~X 916~~X 9v>~X 916~X %-916 M-916 %-916 916~X 916~X 9\6~X 9i6~X X-*K X x-x 916~X 916~M 916— X X 20— X X 21 X X 22— X X 23 X-~716 X~716 X~716 X-716 X~716 X~716 X 24— 25— X~716 June 23 X X X June 24— X June 25— X : - X X -.Iv X X X X X X X 26 X X 27— X X X X X X June 20— X , . X-7w X-7\6 X~7\6 X~he X~7w 9\6~X 9i6~X H-716 X~716 X-716 X-716 H-716 X 716 29 30 Sun day x-9^ x-9^ * X-^6 ; x-9™ ^6 16 ' tp Sunday 28— X ; 9\e~X 916~J^ X~7\6 X~7\6 X-7W 9\6~X X~9\6 X~9ie X~916 x-9* x-9* x-9™ Satur day June27— X X ' x-x Saturday X X y* . X X X X , * Sunday X X x-x x-x x-x x-x X-x X~9\6 x-9™ x-9™ X—916 5*"916 19 X Sun day June 22— X-X x-x X-X x-x x-x Saturday X x X x-x x-x x-x 916~X X~716 X~716 Satur day June 21... x-x X~716 X-716 ^ V X X June 20— X x-x x-x x-x X~716 V X June 19— June 18— V X X X-9K x-x • Sunday X~716 X~716 X~716 June 17... x-x x-x x-x X-X x-x Saturday X X X 9)6~X 916-H 9K-X 12 Sun day X X 9n-X X X 1 x-x %~9\e X~9w X~9w ^"*16 X-9\6 9K-X X Satur X X-7ie X~7te I-III 11 9\6~X 9\6-X 9i6-X 916~X 916~X X June 13— June 15— " X X X X June 14 U-— w X June 12— June 16— !■ ■ X X X X ' x-x , 1 Sunday . 10 Sun day x-x X~9w 9\s~X 9\6~X 916~X 916~X Saturday 5— 1 ACCEPTANCES OF TIME LOAN RATES Rates June reflecting considerable part orders for months, — June 21 Sunday demand for bankers' acceptances, foreign account, continued to exceed the amount of bills currently coming into the discount market, and on June 22 dealers reduced their rates on 60-day to six-month maturities. The reduction amounted to 1/16%, except for the bid rate on five- and six-month maturities, which was reduced %%. Dealers' offering rates, which continue to apply to both indorsed and unindorsed in bills, Saturday June 20... Saturday June 11^, June Renewal $11,from $82,520,054 to $80,781,962, domestic warehouse credits from $56,209,369 to $48,493,197, and bills based on goods stored in or shipped between foreign countries, from $76,280,447 to $74,589,551. Rates for bankers' acceptances for most ma¬ turities on June 22 were further reduced by 1/16 to %%, with quotations on June 30 ranging as follows: *4% bid 7/16% asked for 30-day, 60-day and 90-day bills; 9/16% bid and y2% asked for 120-day bills, and %% bid and 9/16% asked for bills running 150 and 180 days. The New York Federal Reserve Bank, in its "Monthly Review," dis¬ cussed conditions in the market for bankers' acceptances 1 June ' fair a Total outstanding acceptances, according to the monthly survey of the Acceptance Analysis Unit of the Fed¬ eral Reserve Bank of New York, published June 11, amounted to $385,795,967 May 29 as against $395,031,279 margin. RETURNS ■ June 28— X June 29— X June 30— X ... X X ■■■<' X X X X X X X X , 1 X X X supply, which was easily absorbed by the active demand of bank investors. The rate on average grade prime four- to six-month com¬ mercial paper remained unchanged at 1%, with especially choice paper continuing to be absorbed at %% and with so-called secondary names again being quoted at Under date of June 17, the Federal Reserve Bank New York announced that returns received from commercial Commercial paper paper continued in moderate dealers showed a total of $286,900,000 of open market OF THE FEDERAL RESERVE BANKSYORK CITY BROKERS' LOANS IN NEW X of interest in the banking position Treasury's tax date operations at the and the heavy inflow of gold from Europe, reach¬ The two chief points in June were mid-month the ing proportions exceeded in only one or two months in the country's history. Owing to the functioning of the gold sterilization pro¬ gold imports and releases from earmark did not add on balance to the store of member bank reserves. The gram, the total gain in the monetary gold stock in the May 26 to June 30, a period from five-week stretch, was $341,000,000, July, 1937] MONTHLY REVIEW lifting the gold the first time reserve $12,318,000,000. above $12,000,000,000 level for the June 30 figure was The actual record. on The rise in the monetary gold stock was 17 the Reserve banks bought $18,500,000 more Treasury a like amount of Treasury bills. Bills dis¬ counted by the Reserve banks for member banks declined ever, notes and sold by the increase of $341,000,000 in the Treasury's inactive gold fund, which attained a total of $1,086,787,223 at the end of June. Aside from the increases $5,769,000 in the monetary gold stock and the inactive credit, principally through the medium of loans. exactly matched gold fund, the gold was over the five-week period, and bills bought in the open market declined $2,459,000. For the member banks June was a month of expanding most noticeable effect of the inward movement of porting in $150,000,000 in foreign bank deposits central the Federal reported by Reserve banks, which increased $33,359,000 to a total of $157,400,000, and in foreign bank deposits reported by the principal New York City banks, which rose $64,000,000 to a total of $576,000,000. It was a month of heavy dehoarding of gold in London and heavy accumulation of dollar balances by foreign interests through sale of gold to the United States Treasury. Actual member weeks banks in ended were their York loans City and showed The re¬ increase an investments in the of five June 30, with their loans of all types up Loans to commerce, industry and agriculture $218,000,000. increased New $85,000,000, higher by loans and $82,000,000. brokers to Other loans and dealers for purchasing $3,000,000. On the invest¬ holdings of direct government and carrying securities increased ment side, New York bank securities decreased $4,000,000, while their government $43,309,000 in the five weeks, while excess reserves declined $70,000,000 to a total of $870,000,000 on June 30. The principal drains on member bank reserves were the $49,000,000 rise in currency circulation, the $28,000,000 increase guaranteed in non-member deposits and other Federal Reserve accounts, and the $12,327,000 increase in the $119,000,000 took place in loans to commerce, industry and agriculture and $121,000,000 in loans to brokers and dealers. bank balances reserve decreased Treasury's deposit bal¬ with ance to these the Reserve losses in Federal Reserve the banks. There were partial offsets $5,000,000 increase in the volume of credit outstanding $36,000,000 between the rise ; ury cash. In and the difference of in monetary gold and in Treas¬ securities down 101 tions to the new Treasury note issues on June 15, the Treas¬ deposit with the Reserve banks could show a gain of only $12,327,000. The largest inroads in the Treasury's ury's cash balance were made by the payments for imported and by the redemption1 of gold $300,000,000 of discount bills in cities loans had and were $72,000,000. increase an Of the $60,000,000 increase in their holdings securities, but their government guar¬ a of direct government anteed issues declined $87,000,000. While New May 19 to $266,000,000 increase in their total loans, These banks showed declined $8,000,000 and their other The weekly reporting banks in of $237,000,000 in their total up investments in the five weeks from June 23. $2,000,000 and their other securities , York City bank loans to brokers $82,000,000 in the period from May 26 to June 30, Street loans, as compiled by the New York Stock Exchange, showed in June an increase of $34,114,593 to $1,186,327,581 June 30, 1937, from $1,152,212,988 on May 29, 1937, which compares with $988,543,241 on June 30, 1936. " i m spite of the June tax receipts and the cash subscrip¬ securities and dealers were reporting rising the three days after the tax date. The extent of reporting member bank subscriptions to the new Treasury note issues by the war loan deposit method 000,000 increase in government COURSE OF STERLING EXCHANGE deposits with the weekly reporting banks in 101 cities in the week ended June 16. The ment Reserve banks securities to decrease so small permitted their portfolio of govern¬ $100,000 in the five weeks, a adherent decline by to be as without cance. The Reserve banks made buying government week ended April 28. securities money an in the end open in the tripartite yY.'-'y •' "v of agreements currency / - ' •; last ■■■ A good demand for sterling came from many quarters, though the foreign exchange market was generally hesitant policy of market to September. market signifi¬ of their DURINGjJUNE Sterling exchange during June ruled on balance slightly firmer than in May. On the whole, the foreign exchanges were kept steady by the equalization funds of the countries reflected in the $444,- was because of two principal factors. the The fears which arose in May that the United States might lower its gold price with In the five weeks ended June 30, how¬ DAILY RATES OF EXCHANGE ON CONTINENTAL CENTERS Paris Swiss Holland Belgium Italian Greek Francs Francs Guilders Belga Lira Drachma June Banters' Checks Banters' Cables 1—. 4.45Mo4.45M 4.45HO4.40 4.45**o4.45M 4.45Ma4.45M 8— 4.44Ma4.45 4.44**a4.45M 4.. 4.44 Ma4.45 M 4.45',6a4.45Ji fi— 4.45**a4.45M 4.45**a4.46 2— 0.-. ' - Checks 22.81 **a22.82 SUN DAY SUN DAY 4.44 a4.44** 4.43**a4.45*i 10— 4.42J*a4.45M 17... 4.44**a4.45M 18— 4.44**a4.45M 19... 4.44Ma4.45M 20— 21 4.45 Checks Bankers' Cables Checks 22.85 al6.87 16.86**a.87** 5.26 054.99 54.98 **a.99** 16.87 ,016.88 16.87** a.88** 5.26 054.99 54.98 **0.99** 16.87al6.87** 16.87**al6.88 5.26 SUN DAY SUN DAY .90MO.90J* 054.99 54.98**a.99J* 16.87J*al6.88 16.88al6.88J* 5.26 05.26M a5.26M 05.26M o5.26M 05.26M 05.26M Cables" 90**a.90M •90**a.90M •90**a.90M .90**a.90M 90**a.90M 05.26 M 5.26**05.26J* 0.85** 54.97**a54.99 54.98a54.99** 16.86 22.87 **a22.90 54.98 22.89**a.92** 54.98 4.44**a4.45** 4.45*1604.45** 4.45**a4.459i6 4.45**a4.45** 22.90 **022.91 22.91o22.91** 54.98 22.90**a22.92 22.91o22.92** 54.98 22.91 **022.92 22.92a22.92** 54.98 22.92 **a22.94 22.93a22.94** 54.98 054.99 54.98 **0.99** 16.88al6.88** 16.88**al6.89 054.99 54.98 **0.99** 16.87**al6.8S 16.87Ma.88** 054.99 54.98** a.99** 16.87 J*al6.88 16.87Ma.88M 054.99 54.98 **a.99** 16.87 **a.88** 16.88al6.89 5.26 5.26 5.26 5.26 054.99 54.98 **a.99>* 16.8Sal6.88** 16.88 **a.89** 5.26 SUN DAY SUN DAY SUN DAY SUN DAY Chects 05.26M 5.26**a5.26** .90 Ma.90** 05.26M 5.26**a5.26** .90MO.90** a5.26M 5.26**a5.26>* .90MO.90 ** C5.26M 5.26**a5.26** .90MO.90** 054.99 54.98 **a.99** 16.82 **016.83 16.83ol6.83** 5.26 SUN DAY SUN DAY 22.91 4.44 a4.45M 4.45 **04.40*16 22.92a22.93J* 4.43**a4.46M 4.40**a4.40** 22.93 022.94 23— 4.42Ma4.45M 4.45**a4.40** 22.92a22.93** 24... 4.41 04.45J* 4.45**o4.45** 22.91 **a.92** 25... 4.37Ma4.45M 4.45** 04.45** 22.90 **a.91** 26... 4.44>*a4.45M 4.45**o4.46** 22.90**022.91 a5.26 M 5.26*805.26** 054.99 54.98**fl.99J* 16.83 **a.84}* 16.84 al6.85 5.20 a54.99 54.98 **a.99** 16.84 **al6.85 16.85al6.85** 5.26 054.99 54.98 **a.99** 16.85 **al6.87 16.86al6.87** 5.26 4.45 J* 04.40 — Bankers' Cables 54.98 022.91 22.90 **a.915* 54.98 022.92 22.91 **022.93 54.98 22— 27... 22.815*0.82** SUN DAY a4.45** 22.90 SUN DAY Banters' Cables 22.83 **022.85 54.98 22.84 a.845* 54.98 22.84 **a.85 5* 54.98 SUN DAY 4.45Ma4.45M 4.45**a4.45J* 22.83 a22.84 8— 4.44Ma4.45** 4.45 a4.45M 22.83 **a.84** 9— 4.44Ma4.45 4.45 a4 45** 22.84a22.85** 10-.. 4.44Ma4.44M 4.44,Ji«a .45** 22.84 **a.85** 11— 4.44 **a .44,5is 4.44**a4.45** 22.87 022.89 IS¬ 4.44^04.44 H 4.44 J* a4.45** 22.89 022.92 IS— 14... Checks 22.80 **a.82** 22.81 022.83 54.90 **a.98** 54.97 054.99 10.85al6.85** 16.85Ma.85M 5.26 22.82 **o.83** 22.83 022.84 54.97**a.98** 54.98 054.99 10.84al6.84** 10.84Mal6.85 5.26 22.81 **a22.82 22.82a22.82** 54.97 16.83 5.26 **a54.99 54.98o54.99** 16.82** 22.80** a22.83 22.80 5ia.83** 54.98 054.99 54.98 >*a55.00 16.82**016.83 16.82Ma.83** 5.26 7... 15... Banters' Cables 22.92 **0.93 5* 54.98 22.93 **a.94** 54.98 22.92 **a.93 5* 054.99 54.98 **a.99** 054.99 54.98Mo.99** 54.98 **a.99** 054.99 54.98 **0.99** 54!98054^98** 22.915*0.925* 54.98 22.91a22.915* 54.98a54.98** 54.98Mo.99 22.91o22.91** 54.98a54.98** 54.98Ma.99 SUN DAY 16.88 J*a.89M 16.89al6.89M 5.26 16.89al6.89** 16.89**al6.90 5.26 16.88al6.88** 16.88 **a.89M 5.26 16.88**al6.89 16.88Mo.89** 5.26 16.88al6.88** 16.88 **a.89M 5.26 16.88**al6.89 16.89al6.89** 5.26 SUN DAY SUN DAY 28— 4.40>*a4.40** 4.40**a4.40** 22.90 **022.92 22.91a22.92** 54.98 a54.99 54.98Ma.99** 16.87**al6.88 16.88al6.88** 5.20 4.42 29— 4.41**a4.40>* 22.89**a22.91 22.90o22.91** 54.91 a54.92 54.91 Ma.98 16.87 0I6.88 16.87**a.88** 5.26 30— 3.98 a4.30 4.08 a4.40 22.84 022.87 22.84 **022.88 54.90o54.91 >* 54.90Ma.92 16.83al6.83** 16.83Mo.83M 5.26 SUN DAY a5.26 M 5.26**a5.26** 05.26 M 5.26**a5.26** 05.26 M 5.26**a5.26** SUN DAY .90MO.90** .90**a.90M .90 Ma.90** .90**a.90M .90MO.90** 90**a.90M .90MO.90** 90**a.90M a5.26M 5.26**a5.26** .90Ma.90** •90**o.90M 05.26 M 5.26** 05.26** .90 Ma.90** •90**a.90M SUN DAY SUN DAY 5.26 **05.26** 90MO.90** 5.26** a5.26** .90 Ma.90** 5.26**a5.26** .90MO.90** 5.26** a5.26** .90 Ma. 90** 5.26**a5.26** .90 Ma.90** 5.26** a5.26** .90Ma.90M •90**o.90M •90**a.90M .90**a.90M .90 J* a.90 M •90**a.90M 90**a.90M SUN DAY SUN DAY 05.26 M 5.26**c5.26** .90M«.^0 .S0**o.£0^4 05.26** 05.26M 05.26M 05.26M 5.26**a5.26** 5.26**o5.26** 5.26** a5.26** 5.26**05.26** 05.26 M 5.26** a5.26** SUN DAY .90 M ••4)1) .90Ma.90** .90 Mo.90** .90 Ma. 90** .90 Ma.90** •9***a.90M .90**a.90M .90**a.90M •90**a.90M •90**o.90M SUN DAY 05.26M 5.26** 05.26** .90 Ma.90** .90 **o.90*4 05.26 M 5.26** 05.26** .90 Ma.90** .90** o.90*4 05.26 M 5.26**a5.26** .90 Ma.90** ■90**a.90*4 Denmark Sweden Krone Norway Krona Krone Reichsmarks Schilling Peseta Bankers' Bankers' Bankers' Bankers' Checks Cables Junn Bankers' Checks 1— 2 3— 4 5— O22.00 21.98**021.99 21.99 21.99 O22.00 21.99**a.00** 021.99 21.90**a21.98 21.97 22.00 022.02 22.00**a22.03 22.02**a22.03 22.03 O22.04 0— 22.02**022.03 22.02 9— 22.03**022.05 11— 12— 25.39 022.03 a.03** 25.43 22.02** a.03** 25.43 o. 05** 25.45 SUN DAY 22.03 25.39**a.41** SUN DAY SUN DAY 21... 22... 22.05 022.07 22.05** O22.08 25.47 22.07**a22.08 22.08 23 22.07 24... 22.00 25... 22.04 20... 22.03 27— O22.09 022.08 22.07**o.08** 22.00** O22.08 022.05 22.04** a.05** a.03** 22.03** O22.04 022.07 SUN DAY 28... 22.01 29... 22.01 30... 22.02 022.02 024.76 24.79 C24.80 025.49 SUN DAY SUN DAY 24.79**a.80** 40.03 a40.05 24.79 a 40.05 a.80** 40.03 24.81 0.8I** 40.04**Z40.06 24.79**a.81** 40.03 fl.05** 24.79 024.81 40.04 a.05** 24.79**a24.81 40.06 SUN DAY 40.03**a.05j* 18.70018.71 18.70**al8.72 018.73 40.03**O.05** 18.70018.72 18.71 40.05 O40.07 18.70al8.72 18.71 SUN DAY SUN DAY 024.82 40.06 24.83 SUN DAY SUN DAY 24.82**o24.85 24.85**a.86** 24.84**a.85** 24.83 40.08 C40.10 40.09 o40.ll 40.09 a. 10** 024.85 40.08 O40.10 24.81**a.82** 40.09 24.80** 024.81 40.09 a.10** SUN DAY a18.73 40.03**a40.06 18.71al8.72 18.71* |al8.73 40.04** O40.06 18.71al8.73 18.71* Jal8.74 O40.08 40.06** c40.10 18.70al8.73 18.71 018.74 a.07** 40.06** O40.08 O40.10 a.83** 40.06**a40.08 40.07 24.80**024.82 24.81 c.82** 40.06** O40.08 40.07 O40.10 24.81 024.82 24.81**a.82** 40.08 0.09** 40.07**a40.09 24.80**a.82** 24.81 024.83 40.08 O40.09 40.08**a40.10 24.81** a.82** 24.82 a40.ll 024.83 40.08**a40.10 40.09 T Cables a24.76 40.06 SUN DAY 24.82**o24.%3 Checks 18.71ol8.74 18.71**al8.75 18.71ol8.74 18.71**al8.75 024.79 40.03 025.43 25.42**a.43** 24.77**024.79 24.78 0.79** 40.08 22.01**a22.03 25.40 025.43 25.40** 025.44 24.77 o24.79 24.77**024.80 40.05 022.03 22.02**a22.04 25.43**a25.46 26.44 025.47 24.79 024.81 24.79**024.82 40.07 022.02 Cables Spain 18.70 O40.08 40.06**a.08** 18.71 018.75 O40.08 40.03**a40.09 18.70ol8.74 18.71 O40.07 18.69ol8.74 18.70 018.75 40.04** O40.06 40.05 24.79**a.80** 24.79**o24.81 24.80 25.47**a25.50 24.82 024.84 25.50 025.51 25.50**a.51J* 24.85 024.86 25.49 a.49** 25.49** 025.50 24.84 024.85 25.47** 025.49 25.48 a25.50 24.82**024.84 25.45**a25.47 25.46 024.82 a.47** 24.81 25.45 a.45** 25.45**a25.46 24.80 a.80** 22.01**a.02** 25.42 Checks SUN DAY SUN DAY 022.04 20... 18— 24.75 Cables Vienna 24.75J*a24.76 40.10 a.12** 40.10**a40.13 24.75**a.76** 40.09**a40.12 40.10 O40.13 24.72**024.75 24.73 24.75**o24.78 24.76 25.43* »a.44** 24.79 024.80 24.78**a24.80 24.80** 024.81 025.45 25.44* 1025.46 24.79 024.81 0.44** 25.43* j 025.45 24.78**O24.80 025.45 25.44** 025.46 24.79 O24.80 19... 17— 024.76 025.44 25.43* 1025.45 025.46 25.45* ja.46** 25.44**025.46 25.45 025.47 25.47 025.48 28.47* *0.48** 25.45 a.46** 25.45* *a25.47 025.47 25.45**a.46** 25.46 25.46 025.47 25.46**025.48 25.46** 0.47** 25.47 025.48 15... 24.75 025.44 22.03**a22.06 22.O5**a22.O0j 22.00 a.06** 22.04 022.05 22.04** a. 05** 22.04 a.04** 22.04** O22.05 22.04 a. 05** 22.04** O22.06 22.04** a.05** 22.05 a22.06 10— Checks SUN DAY 22.03 22.04 025.41 Cables 25.39**025.41 25.40 0.41** 25.37 O25.40 25.37**a25.41 25.40* 1025.43 25.41 a.44** 25.43* |a24.45 25.44 025.46 22.02** 022.04 22,03 a.04** 25.44 22.02 022.03 22.02**O22.04 25.43 22.02** O22.03 22.03 O22.04 25.44 13— 14— Checks SUN DAY 7— 8— 10— Bankers' Cables Berlin O40.10 40.08**o40.11 40.09** a40.12 40.09**o40.11 40.08**a. 10** 40.09** o40.11 40.09**a40.11 18.70al8.73 18.71 18.70al8.73 18.71 al8.74 18.70al8.73 18.71 018.74 18.71ol8.74 018.74 18.71**al8.75 18.71018.73 18.72 018.74 18.71al8.73 18.72 SUN DAY 018.74 18.72al8.73 18.72**al8.74 18.72al8.75 18.72**al8.76 18.71al8.73 18.72 018.74 18.72al8.73 18.72**al8.74 18.72al8.75 18.72**ol8.76 18.72al8.74 18.72**al8.76 SUN DAY SUN DAY 10** 18.72al8.74 18.72**al8.75 40.05**o40.14 18.72al8.75 18.72**ol8.76 018.76 O40.10 40.07**o40.12 18.72al8.75 18.73 O40.10 40.09 O40.08 a. of the London the acquiesence French Ambassador to Washington, to take the post of Minister vacated by M. Vincent Auriol. On the realignment of the French .Cabinet it was disclosed that the resources of the French equalization fund were virtually depleted and that since September the fund had expended not less than $446,000,000 of gold in a vain effort to maintain franc exchange. It was widely held that the net, authorities became greatly Finance intensified, with the result that heavy shipments of gold were made from the London hoards and from many parts of the world to the United States. impending crisis in the French political and monetary situation further depressed the market. These two factors An largely responsible for a movement of foreign funds On June 30 the French franc was "cut" from were precarious position of the franc might result in the dissolu¬ tion of the tripartite agreement, but it was promptly denied in official circles in London and New York that the agree¬ ment would be altered. The gold price during the month averaged around 140s. 6d., ranging between 140s. 3%d. and 140s. 9d. Pressure was exerted for a positive statement by the London authorities that the price would be stabilized around 140s. an ounce. This the Cabinet, through Chancellor of the Exchequer Sir John Simon refused to do. South African interests were into London. gold. ; which /: , On commercial account sterling was in seasonal demand, several years, though of rela¬ There was an active tourist de¬ greater than in was tively minor importance. mand for sterling. that the gold price The fear would be lowered resulted great a volume of dekoarding in London that the British exchange equalization fund was compelled to take in EEYIEW MONTHLY 18 so part of the daily offerings. It was repeatedly official quarters that the chief concern of the London authorities was to maintain the steadiness of the the major interested in obtaining a fixed gold price. particularly asserted in Washington authorities took occasion several times to assert that the American price would remain unchanged. The "London Economist" asserted toward the end of June that "The root of the trouble is that when the United States went off gold in 1933, it did not wait long enough for a new gold price. panic propor¬ May 29, to Friday, June 4, inclusive, when the total gold in London at the fixing hour aggregated an all-time record for any six days of £12,668,000. Included in this amount was the offering on Friday, June 4, of Alarm as to the gold price reached almost tions from Saturday, equilibrium to establish itself, but fixed a new price of gold which revalued the reserves of the whole world on a level that has proved too high." The "Economist's" analysis of the situation pointed out that the drastic surgical remedy of a reduction in the price of gold "may be avoided, possibly but not certainly, if we play for time." On June 12 the "Economist" made a strong plea for the British Government to make no early change in its mone¬ a record for any single day at the time of priceIt is understood that the British equalization fund absorbed the entire amount offered. When it became evi¬ £4,200,000, fixing. dent that the support the gold London authorities would gold became less eager to sell. Neverthe¬ less, during the entire month more than £20,000,000 was sold in London, probably the largest amount ever offered in any one month in the history of the London bullion market. The decline in offerings after the disturbed market of the first week in June was due largely to the fact that foreignowned gold which had long been kept in the vaults of the London banks was reported to have decreased by fully 70% since the establishment of the American gold price of $35 market, owners of 23— an ounce tary comparable in importance to the Rand could only be restored by an increase in costs proportionate to the rise in the price of gold, it would mean an inflation in the price level far greater than source of supply If equilibrium States Treasury's We must assume, desirable. is inactive gold fund (the socalled sterilized gold) had on June 30 reached $1,086,787,223. The monetary and political situation in France reached a crisis on June 21, with the fall of M. Blum's Cabinet. His successor, M. Camille Chautemps, recalled M. Georges Bon¬ deal with (Continued on page 80) EXCHANGE ON OTHER slovakia Rumania Polish Hungary Yugoslavia (Serbia) garia Leu Zloty Pengo Dinar Lev Koruna Checks Checks Checks Cables Checks Czecho¬ Par ij;:: 4— 5 o 3.48%a3.48 % 3.48%fl3.49 3.48%a3.48% 3.48%o3.48% 3.48%a3.48% 364% prem. 1640,32% prem. *64% disc, a par '64% disc, a par '64% discount Checks 8... 9—. 10... 11... !.30%a2.33% :.30%a2.33% 18.95ol8.98 19.75ol9.80 :.30%a2.33 .30%a2.33 18.93018.98 19.75ol9.80 .30%a2.33% 18.92018.99 19.75ol9.77 18.93ol8.98 19.75ol9.80 18.93ol8.98 19.75ol9.80 0.74 .72%o.75 .73 0.74 .73 0.75 .73 a.75 6 7 .73 0.74 3.48%o3.48% .73 0.75 >64% disc, a>64% prem. 3.48%o3.48% 3.48%o3.48 % '32% disc, a par 3.48%a3.48% s64a132% discount .73 o. 75 .73 0.75 3.48%o3.48% discount .72%o.75 .72% 0.75 .73 '64% discount 116«,32% discount '16% discount %a332% discount 964«%% discount s32a%% discount 3.48%a3.48% 3.48%o3.48% 3.48%o3.48% 3.48%a3.48% .73 3.48%03.48% .73 19... 21... 22... 23... 24... 25... 26... 27... "64a®32% discount 932a,764% discount Ji % discount 28... 29... 30... Bolivi¬ Colombia zuela 8.7208.82 8.7308.83 8.72o8.83 1.2901.35 .18 8.7208.82 1.2901.35 .18 o2.18% 8.7108.81 8.7108.82 8.7208.83 ,30%a2.33 1.29ol.35 8.71o8.81 8.7208.83 .30%a2.33 1.29ol.35 8.7108.81 8.7208.82 8.7208.82 8.7308.83 18.93al8.97 19.75ol9.77 18.93al8.97 19.75ol9.77 18.93al8.98 19.75ol9.77 18.93al9.00 19.75ol9.77 SUN DAY 09 18.93al8.98 19.75al9.77 18.93al8.98 19.75al9.77 ,30%a2.33 1.2901.35 ,30%a2.33 1.2901.35 ,30%a2.33 1.2901.35 .30%a2.33 1.2901.35 .18 18.93al8.98 19.75al9.77 18.93al8.98 19.75al9.77 18.93al8.98 19.75al9.77 18.93al8.96 19.75al9.77 18.93al8.98 19.75al9.77 1.29ol.35 SUN DAY 30%a2.33 1.2901.35 ,18 30%a2.33 1.2901.35 ,18 ,30%a2.33 1.29ol.35 .18 Manila pore Bombay Java Peso Dollar Rupee Guilders Yen Checks Checks Checks Checks Checks Checks Checks Checks 1— 3.70 2—. 3.70 54.00o57.30 10.00 78.65o79.45 3— 3.70 54.00o57.30 9.50 78.80o79.30 32% 4 3.70 54.00o57.30 9.50 78.80o79.36 32% 5. 32% 78.80o79.30 5.16o5. 8.— 3.70 54.00a57.30 9.50 78.80a79.30 5.1605. 04.48 0— 3.70 54.00o57.25 9.50 78.80a79.30 10—. 3.70 54.00o57.25 9.50 78.80a79.30 5.16o5. 78.80a79.35 5.16o5. 25% 78.80O79..35 5.16a5. 25% 13— 4.46%a4.50 4.47%o4.50 SUN DAY 3.70 54.00o57.25 9.50 78.80o79.35 5.1605. 15—. 3.70 54.00fl57.25 9.50 78.80o79.35 5.16o5. 4.46%o4.49% 30.31o307t6 29.54o29% 4.47 04.50% 30.35o30% 29.61a29,5i6 78.80o79.35 5.16o5. 4.47 16— 3.70 54.00a57.25 9.50 17— 3.70 54.00o57.25 9.50 78.80o79.40 5.16o5. 4.47 18— 3.70 54.00a57.25 9.50 78.80a79.40 5.16o5. 3.70 54.00a57.25 9.60 78.80a79.40 5.1605. 4.47 4.47 19.... 78.80a79.40 22— 79.40a79.50 3.70 9.50 3.70 24. 54.00o57.25 79.40a79.50 54.00a57.25 9.60 79.40a79.50 79.40079.50 25- 3.70 54.00a57.25 9.50 26 3.70 54.00o57.25 9.50 79.40a79.60 28 3.70 54.00a57.25 9.50 79.40o79.50 29. 8.70 54.00o57.25 9.60 79.40a79.50 54.00a57.25 9.50 79.40a79.50 27.— 80- — 8.70 32% 32% 32% 32% 32% 32% 55.19 57.81a57.90 37.22037.26 55.19 57.83o57.95 37.22037.25 55.19 57.81o58.00 37.23037.26 57.86o58.00 37.24037.27 65.19 57.84o58.00 37.23037.24 57.81a58.00 37.22o37.24 65.19 57.85o58.00 37.23037.24 55.19 50.25a50.30 57.83o58.00 37.24037.29 50.25a50.30 57.89o58.05 37.28o37.31 50.25a50.30 57.86o58.00 37.27037.30 65.19 50.25 28.72d28.74 30.37a30',6 29.72o30'32 50.25 28.72028.74 30.35o30% 29.72o30'32 50.25 28.73o28.76 30.35a30% 29.67o30.00 50.25 28.72028.74 30.33o30% 29.66o293'32 50.25 28.70a28.71 30.30o307i6 29.50O293,32 50.25a50.30 28.71a28.74 30.29a307i6 29.52O29% 14—. 9.50 55.19 57.67o57.85 37.14o37.16 57.75o57.90 37.19037.23 30.36o30% SUN DAY 25%a25% 4.46%a4.49 25%o25% 4.46% 04.49 25%a25% 4.47 o4.50% 4.47 o4.49 25% 5.16o5. 9.50 57.73057.85 37.19o37.21 57.73057.86 37.20037.24 29.77o30.00 28.70028.73 503i6 o50.20 50.20a50% 29.71a30.00 28.70a28.71 5.1605.19 25%o25% 4.46%fl4.48% 30.36o30% 50.20a50% 30.37a30% 29.67a30.00 28.65fl28.69 5.1605.19 25%o25% 4.46% a4.47 28.70o28.72 50.20a50% o4.48% 30.30o30.45 29.67o30.00 5.16o5.iq 25%c25% 4.46 28.72a28.76 50.20a50% 30.36o30.50 29.72o30'32 04.49 5.1605.19 25%o25% 4.47 78.80o79.30 5.1605.19 5.16a5.19 5.16o5.19 5.16o5.19 5.1605.19 5.1605.19 5.1605.19 5.1605.19 6.1605.19 8.72o8.81 Singa¬ hama 5.1605.19 25%o25% 4.47 9.50 8.72o8.82 8.72o8.81 8.71O8.80 Yoko¬ 32% 32% 9.50 8.71o8.80 hai 78% o78,80 54.00o57.30 8.7208.82 8.7108.81 Shang¬ 10.00 54.00o57.30 8.71o8.81 (Yuan)DoUr 54.00a57.30 3.70 8.73o8.82 8.7208.82 Kong Sol 6—. 32.91 8.7108.81 Dollar Checks 54.00O57.25 32.90 o2.18% 32.87032.88 .87%a32.89 32.87 32.86 o2.18% 32.89o32.90 a2.18% 32.88032.89 8.7308.83 8.72o8.81 Portugal Peso 54.00o57.25 o2.18% 8.72o8.82 Peru Hong Chile 3.70 32.93 ,18%a2.19 32.96o32.97 32.97o32.98 18%o2.19 32.96 32.95 ,18%a2.18% 32.94 32.93 ,18%o2.18% 32.92 32.91 ,18%o2.18% Checks 3.70 no 1.29ol.35 0.75 7—. 32.91 .30%a2.33 ,30%a2.33 Checks 3.70 32.91 32.92a32.93 ,18%o2.18% 32.91o32.92 32.92o32.93 ,18%a2.18% 32.91o32.92 18.92al8.98 19.75019.76 18.93al8.97 19.75019.77 Bolivar 20— 8.7208.82 8.71o8.81 Peso 21— 8.7208.82 8.7208.82 Checks 9.50 8.7208.81 8.7108.81 8.71a8.82 Sucre 54.00o57.25 8.7108.80 32.90032.91 02.18% 32.89o32.90 32.93a32.94 o2.18% 32.92o32.93 32.91a32.92 32.92a32.93 02.19 Checks 3.70 32.90 .18 Peso 12—. 32.89 1.29ol.35 Cheeks 54.00a57.25 02.18% 32.90a32.91 .17%o2.18% 32.89032.90 32.90a32.91 02.18% 32.89o32.90 ano 3.70 8.72o8.81 .18 32.91 ,18 Checks 11— 8.72o8.82 8.71O8.80 32.90 .18 Escudo 9.50 8.7208.82 8.7108.81 .17%o2.18% SUN DAY Vene¬ Uruguay 8.7108.80 l.29ol.35 .72%o.75 .72%o.75 dor 8.7208.82 32.89o32.90 .17%o2.18% 32.88032.89 32.88a32.89 32.89032.90 1.2901.35 0.75 .73 8.7208.81 8.7108.81 ,30%a2.33% .30% 02.33 .30%o2.33 ,30%a2.33 0.74% 3.48%o3.48% 8.7208.80 8.7108.80 .30%a2.33 a. 75 3.48% 03.48% 3.48%a3.48% Ecua¬ Bolivia June .73 8.7108.79 32.84o32.89 32.85o32.90 32.88a32.89 32.89o32.90 18.93ol8.97 19.75ol9.77 18.93al8.98 19.75ol9.77 0.75 .73 8.72o8.80 8.7108.81 .72%o.75 20... 8.72o8.80 8.71o8.79 o2.18% .73 0.74% .72%o.75 .73 Cables 8.7108.79 .18 .72%o.75 3.48%o3.48% 18... 1.29ol.35 Checks 32.85 1.2901.35 0.75 17... 1.30O1.35 Cables 32.84 .31 %a2.33 0.75 .73 16... 1.29al.35 Checks 32.84o32.85 32.85o32.86 32.80o32.81 32.81a32.82 18.92018.98 19.75ol9.77 18.93ol8.98 19.75ol9.77 0.75 3.48%o3.48% 3.48%o3.48% 3.48%a3.48% 3.48%03.48% 3.48%a3.48% 3.48%a3.48% 15... 1.29ol.35 1.2901.35 .30%a2.33 1.29ol.35 .30%a2.33 .30%a2.33% 1.2901.35 18.93018.98 19.75ol9.77 18.92018.97 19.75ol9.77 c.75 .73 ,32a,64% discount '64% disc, a par '64% diso. a par '64% disc, a par '64% diso. a par '64% discount .30%a2.33 18.92ol8.97 19.75ol9.77 18.92018.97 19.75ol9.77 13... 14... 1.2901.35 .17%o2.18% .17%o2.18% .17%o2.18 .17%o2.l8% .17%o2.18% Milreis Peso Checks Checks 1.29ol.35 Brazil Argentina Finish Markka SUN DAY 3.48% '64% disc, a par Par a U*% prem. 12... CENTERS Bul¬ Dollar .73 therefore, that unless the price of gold is reduced, we must be prepared to a steadily increasing output, without allowing it to have its full effect on prices." This was, of course, an argument for the Canada June is very profitable to producers, being at all events Russia has become a itself. in 1933. DAILY RATES OF sterling was not difficult, present price of gold "The and for the time greater part of the gold offered in London ultimately found its way to New York, as evidenced by the fact that United it should not reduce the saying: The the policies and urged that price of gold. It stated that while the matter immediately pressing, the ultimate problem was 30.38o3O«,6 29.59o293'32 O4.50 30.40o309,6 29.69a30.00 fl4.50% 30.43o30% 29.68O30'32 O4.50 40.41o30% 29.69a30.00 O4.50 4.47 O4.50 4.47 04.50 55.19 55.19 55.19 57.93o58.05 37.32037.35 55.19 50.25 65.19 50.25 57.90o58.05 37.30a37.33 57.88o58.00 37.270.30% 50.25 57.85o58.00 37.27o37.30 55.19 57.84o58.00 37.23037.25 28.67a28.69 50.25a50.30 30.32o307,6 29.65o29'»i6 57.83o58.00 37.22o37.25 50.25 28.65a28.66 30.22O307|6 29.63o29»i6 57.86o58.05 37.23037.27 28.67a28.70 50.25a50.30 29.61O292932 55.19 28.72028.76 28.76028.77 28.75o28.76 28.73a28.74 28.71a28.73 30.38o309i6 29.67o30.00 30.35a309t6 29.68o293,32 28.70o28.72 30.34o30% 29.66o293,32 SUN DAY 4.47%o4.50 65.19 60.25 29.67o30.00 4.47%a4.50 55.19 50.25 30.42o30% 4.47%o4.50 55.19 55.19 29.66a293,32 29.67a30.00 4.47%o4.50 65.18 57.86o58.00 37.29037.34 37.34 57.95o58.05 4.47%o4.50% 30.43o30% 4.47%o4.50% 30.45a30% O4.50 50.25a50.30 57.86o58.00 37.27037.31 50.25a50.30 57.86058.00 37.28o37.31 55.19 50.25o50.30 57.86o58.00 37.29o37.31 SUN DAY 4.48 28.71a28.74 28.74o28.76 28.72028.75 28.71a28.75 28.72a28.74 28.72o28.74 65.19 30.17o30% 50.25 55.19 55.19 55.12 55.12 , New York Stock MONTHLY AND YEARLY RECORD ■ 'V;,:;;. RANGE Bond Sales 1937 Jan. 1 to June 30— ^ 1936 $178,898,000 1,704,353,000 June — BOND PRICES DURING JUNE OF $220,545,000 1,788,367,000 — , Stock Sales * * 1937 1937 Shares- - Jan. 1 to June 30— * — ~ — — — ^ _ 1936 ' 16,449,193 228,870,927 21,428,647 260,754,540 w NOTICE—Cash and deferred delivery sales are disregarded in the month's range, unless they are the only transactions of the month, and whea 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. selling outside of the regular monthly , The tables on pages June, 1937, and the embrace every complete record of the transactions on the New York Stock Exchange during They need no extended introduction, as they are self-explanatory. The tables the Exchange. We give bonds first, using the classification adopted in the official list. 19 to 40 furnish range a sinca Jan. 1. security dealt in on The black-faced letters in the column headed "Interest Period'* indicate in each case the month when the bonds mature. In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds are at a price to which accrued interest must be added. Interest is in default. sent I one or more are 32ds of a income bonds and bonds on which Quotations after decimal point This method of quoting bonds became effective Jan. 2,1909. repre¬ point. l Sales in I The exceptions to the rule PRICES IN JUNE 1 BONDS June Value N. T. STOCK RANGE SINCE JAN. 1 Price EXCHANGE Jan. 2 June 1 June 30 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 1937 $ 696,000 807",000 1,000 413,000 1*000 128,000 1,000 190,000 256,000 Bid u S government bonds Bid Treasury 414* Oct 15 1947-1952 Registered................... Treasury 3141.... ..Oct 15 1943-1945 Registered.............—... Treasury 4s Dec 15 1944-1954 Registered................. Treasury 354s Mar 15 1944-1956 Registered..................... Treasury 3H* ...June 15 1943-1947 Registered................... Treasury 3s Sept 15 1951-1955 ... O A Ask Bid Ask Ask 121.13 121.23 116 Sale 115.8 11521 115.12 June 28 1162 June 5 113.16 loin's Sale" 106:17 Sale I662 Sale June 29 106.22 June 3 104.2 Sale" Ilia's Sale 1112 Sale A O A O J 113.12 D J D J 106 M 8 M 11520 iiioio 11420 16920 Sale ioius J June 26 10406 June 29 11122 June 5 109.12 June June 7 109.18 7 111.17 110.17 Sale 106.18 Sale ....June 15 1944-1948 j"d Registered........... 121,000 Treasury 3* June 15 1944-43 J D J D Registered...............—— 169,000 Mar 151941-1943 M 8 5,000 Treasury 3*s M 8 Registered............. 678.000 ...June 15 1944-1949 J D 2,000 Treasury 3*« Registered..... I I) 895,000 Treasury 3* •——Dec 15 1949-1952 J D Treasury 3s SlV.OOO Registered..................... Treasury 3*«. Aug 1 1941 FA Registered..................... f A ........... 4 Jan. 23 Jan. 2 8 115.20 6 114.8 Mar. 3 Jan. 2 Jan. 26 166:18 Sale"' 10227 June 30 109.30 107.12 Apr. 2 114.9 Jan. 5 June 22 107.20 Jan. 14 June 5 104.28 Apr. Apr. Fob. 2 113.21 June 28 107 9 110.18 Jan June 29 10228 June 1 June 1 102:13 109.3 Sale" Sale 1622" 101 100.28 10727 108.6 I6Ia4 Sale" 10327 Sale 10728 Sale 10522 Sale 105.8 10509 105.11 10324 Feb. 10 106.28 Jan. 9 106.23 Jan. 11 107.30 Jan. 4 June "! 102.10 June 28 105.24 June 1 104.20 Apr. 2 107.27 Jan. 4 105.10 Apr. 17 107.18 Jan. 6 8 108.24 Jan. 8 108 Feb. 1 104.2 16823 Sale" 2 109.6 2 Apr. 1 Apr. 2 Apr, Mar. 17 2 16405 June 28 — — Jan. 2 12005 June 22 109.14 D M S 2 121.14 2 109.26 1 108 109.15 106.10 106.22 106.10 Registered......... 591,000 Apr Apr. Apr. Apr. Apr. Apr. 109.14 Sale 8 D June 26 106 111.3 111.17 D J 105.29 ioaoo sale" 1662 104.2 Mar. 17 June"! 104.24 June 29 106.12 June 7 104.20 Apr. Apr. 104.6 June 29 104.31 June 1 102.20 Apr. 2 108.24 Jan. 4 104.12 104.31 Sale June 28 10609 106.3 10825 1092 10604 106.4 June 26 104.12 June 26 102.24 Apr. 1 108.21 Jan. 2 2 108.18 Jan. 8 104.17 Sale 108.21 Sale 108.12 108.18 10822 Sale" I64a5 Sale" 1642 Sale" 104.18 104.9 June 28 104.20 June 7 102.24 Apr. 10529 10608 105.31 June 22 106.20 June 1 104.24 Apr. 105.29 June 28 106.16 June 5 105.28 10620 June 28 105.29 June 26 100.4 June 29 10025 June 5 i—_ "2 !68J24 Ja^ ""4 105.20 Apr. 27 105.20 104 Apr. 1 Apr. 8 109.1 857,000 Apr. 27 1 3,000 Treasury 3^s.......Apr 15 1944-1944 Registered..................... 1,826.000 Treasury 2*s Mar 15 1955-1940 M 8 r- 6,000 Registered.... 600,000 Treasury 294s Sept 15 1945-1947 W S 1,000 Registered................... 886.000 * .. ..... Treasury 294s Sept 15 1948-1951 Registered. 858",000 Treasury 294" 1951-1954 1.213",000 Registered..................... Treasury 294s......Sept 15 1954-1959 Registered1,075:666 Treasury 294*...........—-1949-1953 4.000 Registered.....—.......—... 10925 Sale 106.14 Sale 106.3 16422 Sale" 16622 Sale" I66:fl Sale" 16209 Sale" 102:18 Sale" Sale 104.16 Sale 106.15 Sale 100.2 June 29 100.14 1 June 10 M S 104.1110420 J ioiTll mle "69:70 Sale" 100.25 Sale 100.15 Sale 102.7 June 29 102.31 June 102.16 June 25 102.16 June 25 100.10 1 104.10 99 99.2 Apr. 109.25 2 Jan. 104.30 Jan. 11 Feb. 26 Apr. Apr. 104.22 100.18 106.16 Jan. 2 101.2 Apr. 105.24 Jan. 12 Jan. 11 June 22 100.25 June 1 99.2 Apr. 104.16 99 A3 June 29 99.30 June 1 oIA ' Apr. 2 103.17 99.4 June 29 99.22 June 2 Mar. 1 .................... D 9926 Sale" M S 103:1 Sale "9921 Sale'" '99a"5 Sale" J iolh'fi Sale "9720 Sale" '9724 Sale" 98"' Apr." 2 10308" Feb~.~26 96.6 Apr. 2 !o!:22 Feb."8 97.13 June 28 .................. 134,000 419:600 2,000 123.000 112:666 474,000 1,000 561,000 277:666 D -w !se '-i "97a3" June~29 97.13 ; June 28 97:30" June"! 97.13 June 28 Feb. 25 97.13 June 28 Federal Farm Mortgage Corp-— 394 s Mar 15 Registered. 3s 1944-1964 M S .................. 105.30 Sale 103 i05:i7 Sale 102:14 Sale" 162:10 Sale" 3s Jan 15 1942-1947 Registered... j"j 16521 Sale 10229 294 s Sale 103 Sale 102.21 June 28 103.3 102.4 June 15 5 101.7 Apr. 8 106.10 Jan. 22 7 100.11 Apr. 2 105.17 Jan. 2 101 Apr. 28 10500 Jan. 15 101.8 Apr. Feb. 8 105.23 16 105.1 Jan. 2 105.1 June 99.6 Apr. 8 104.10 Jan. .. May 15 1944-1949 MN Registered...... 16209 June" 102.3 Sale" 10229 Sale" June 28 102.3 June 18 102.28 June 16 103.2 June 3 101.8 June 23 June 3 ............... Mar 1 1942-1947 MS 10520 10523 ioioo 10126 ioiai Sale" 105 Sale 101.31 Sale 102 1032 Sale" 1667c Sale" I66aO Sale" 1032 10*3.4 9923 Sale" "99:30 Sale" 22* 22* 26 3 June June 26 3: June June 29 June 28 16! .22 Feb. 16 4 Home Owners Mtge Corp— May 11944-1952 MN Registered............. 294s Series B Aug 1 1939-1949 FA 3s Series A Sale 294s series G 1942-1944 i~~i 101.22 June 28 102.5 June 8 99.24 10123 ... Registered...-.-.-—— June 26 101.23 June 26 101.23 100 June 29 100.16 June 9 98.28 Apr. 1 105.3 June 26 104.22 Apr. 1 103.2 I June 8 98.16 Apr. 2 102.31 Jan. 4 8 23 99.23 June 100.2 Jan. 4 Jan. 13 Jan. 2 FOREIGN GOVT. & MUNICIPALS Agricultural Mtge Bank (Colombia)— 6,000 ♦S f 6s Feb 1935 coupon on——1947 F A 11,000 ♦S f 68 Apr 15 1935 coupon on—1948 A O 20,000 Akerahus (Dept) extl 5s 1943 MN 31,000 ♦Anttoqula (Dept of) Col 7s A—1945 J J 30.000 ♦External s f 7s ser B—........1945 24,000 ♦External s f 7s ser G..........1945 17,000 ♦External a f 7s se» D...... 1945 35,000 ♦7s 1st series 1957 14,000 ♦7a 2d series..———.—1957 35,000 ♦7s 3d series 1957 31,000 Antwerp (City)'extl loan Be... 1958 158,000 ^Argentine Gort public works 6*1940 A O - si ii.-ii Argentine Nation (Govt of)— 113,000 7 Extl a 1 g 6s of Oct 1925 1959 117,000 {Sinking fund gold 6s ser A-.. 1957 77,000 •J Extl s f 6s of May 1926 1940 177,000 1 External a f 6s (Stat* Ry) I960 111,000 {Extl s 14s (Sanitary Works) ..1941 104,000 {Public Works sxt s f g 6s.May 1941 56.000 T Public Works sxt s f 6 He 1942 493,000 Sinking fund external 4J4> 1971 955,000 S f external conversion 4s Fer footnotes sea page 30* 20 * 21 19 98* 99 102* Sale 102 101* 102* s 101* A MN A MN 1972 F A 1* June 102 3 Sale Sale Sale Sale Sale Sale 102) 102* Sale June June June 1* June 1* June 0* June June June June June June June 1* June June 101* June 100% June 101,7«June 100% June 101'%June 101% June 1012%June 101% June 1 100% June 101,732June 100*32 June 100% June 102% June 2 100 101* June 2 20 19 Sale 16 Sale 15* Sale 15 16 A O F Sale 19* Sale M S F 8* June 18 MN M 22 21* 98* Sale 1 June 0* June OH June 100* Sale 101"a Sale 101»3iSale 101% Sale 101»3tSale 101*32 Sale 00% Sale 1012*32 Sale 100'»32Sale 100 101* Sale 100% Sale 1U1"32 101'%Sale 101% Sale 100% Sah 10D%102 100* 100 Sale Sale 90* Sale Sale June 90* June 100* June 92 1 June Feb. 15 Feb. 15 June 28 Jan. 16 Jan. 5 Jan. 5 Jan. 5 Jan. 5 Jan. 5 8 9 22* Apr. 97 1 May 11* June 14 12 June 11 11* June 11 11* June 30 11 June 19 10* June 29 10* June 29 Jan. June 1 1 1 1 101 Feb. 9 Jan. 22 5 100% June 30 102* Feb. 4 100* Feb. 19 103* Jan. 28 4 100% June 30 102* Feb. 100% June 29 102* Jan. 19 101 Feb. 18 102* Jan. 22 3 100*3? June 8 96* Apr. June 23 16 103 7 Feb. 4 98* Jan. 101* Feb* 16 90* June 29 103 22 92 1 MB* Jan. June 12 8 June 23 Sales in BONDS June N. Y. Value UTOCK EXCHANGE ♦6s June 1 1935 coupon on....1962 11,000 1955 199,000 Buenos Aires (City) 6%» B 2 External s f g 6s aerie*, C-2 Apr 1960 7,000 External s f 4s series C-3_.Oct 1960 26,000 4,000 ♦Buenos Airs tlProv)ref.axfls f6s 1941 ♦Stamped 54,000 ♦6%a stamped ......—1961 3,000 Readjustment —1977 1,014,000 Refunding s f 4%-4 Ha 1976 367,000 Extl readjust 4%8-4*4« 1976 313,000 Extl 8 f 4%-4% $ bonds 1975 310,000 192,000 3% external s f % bonds .1984 Bulgaria (Kingdom of)— ♦S f 7s July coupon off—-—-.1967 59,000 ♦S 1 7%s May coupon off 1968 20,000 J Bid 107% Sale 102 H 7-year 2H«--- Sale 107 102*1 19*2 99% 100 23 108% Sale 109 105% 11554 97% 19% 19% 51% Sale Sale 100 22 22 108 % 117*2 100 23 20 % 45 H Sale 37 H 37 H 37 Sale Sale 41 41 41H Sale 102% 103 102% 103 H 101 104*1 102% 105% 101 26 H 27 H 100 H Sale 100 102H J A O A O 100 M s 97 A 82% s 78 F A A 0 101 99% 101% 101*4 99*2 101% 101*4 J J J J 24 H 24 30-year 3s 177,000 1954 6,000 ♦Carlsbad (City) a f 8s 1950 54,000 ♦Cent Agric Bank (Gar) 7s ♦Farm Loan s f 6s — —1960 56,000 ♦Farm loan s f 6s —-.1960 68,000 ♦Farm loan 6s series A —1938 32,000 .1942 65,000 ♦Chile Republic ext s f g 7s ♦External sinking fund g 6s -.1960 409,000 ♦External s f gold 6s.....Feb 1961 167,000 ♦Ry ref extl s f g 6s ...Jan 1961 171,000 ♦Extl s f 6s Int ctfs Sept 1961 119,000 ♦Extl sinking fund 4s 1962 46,000 ♦External sinking fund 6s.....1963 143,000 51,000 ♦Chile Mtge Bank of gu s f *%• .1957 ♦Guar s f gold 6%ft—.———1961 24,000 ♦Guaranteed s f gold 6s .1961 71,000 ♦Guaranteed sinking fund 6s.. 1962 104,000 1960 59,000 ♦Chilean Munlc Loan 7s 8,000 ♦Chinese Hukuang Ry 5a—-—195) 1950 7,OOO ♦Cologne (Germany) s f 6H« Colombia (Republic of)— ♦6s April 1 1935 coupon onOct 1961 155,000 ♦6s Jan 1 1935 coupon on.Jan 196) 181,000 1947 17,000 ♦Colombia Mtge Bank 6%« ♦Sinking fund 7s of 1926......1946 46,000 ♦Sinking fund 7s of 1927 1947 13,000 87 MN O A J J Sale 27*4 Sale 26 Sale 26 Sale 27% Sale 26 ' 1952 158,000 Copenhagen external 5s.. Gold 4%« W53 389,000 14,000 ♦Cordoba (City) 7s———1957 ♦7s stamped—...— 1957 46,000 40,000 Cordoba (Pro?) Argen 7s..—-1942 Costa Rica (Republic)— ♦7s Nov 11936 coupon on—.1951 93,000 3,000 Cuba (Rep of) 5s of 1904 .......1944 5a ext debt Ser A of 1914—1949 71,000 4 H* external loan......——1949 7,000 30-year s f 5 He—— 1953 14,000 ♦Public Works 5%« June 30 1945 642,000 20,000 Cxechoslovak (Rep of) extl 8a... 1951 Sink fd 8s ser B 1952 50.000 118,000 Denmark 20-yr external gold 4s .1942 External g 5Hs .... 1955 119,000 External g 4%a—.... ——3962 374,000 O A 26H 27 UN 25 F A J J M s 8 M N J D J D 0 A M N M s J 26% 30% % Sale 20% Sale 20 Sale 20 Sale 20 Sale 20 Sale 20 Sale 17 H Sale 17% Sale 17 % Sale 17 H Sale 16% Sale O M 38 32% 22 A 99 99% 4454 33 H 33 *4 20 21H 21H 21H 21H 21H 21% 18% 17H 18% 18 H 17% D "23"" M 8 "18 % "21H A O 32% Sale 32% Sale MN F A J D M N F A F A J J "97% ~97% MN 27 M 8 F A 7 A Sale 103 97% J J 103 J D 59 A O A O J J ctfs 4s . 1932 ♦♦Stamped extd to Sept 11935 Sale 105H 106% 105H Sale 105% Sale 100 54 Sale 100% Sale June 79 June June 26 1 119", 600 f5%a.._..1942 1st ser 5%s of 1926 ...1940 2d series sinking fund f He—1940 Customs Adm 5 He 2s ser...... 1961 5Hs 1st series..............1969 Dominican Republics 44 M 74% s A O 4,000 A O 6,000 M s 29,000 M s 1,000 M s 5Hs 2d series .—....1969 11,000 MN 2,000 ♦Dresden (City) extl a f 7s —...1945 El Salvador (Rep) 1st a f 8s A...1948 ♦Ctfs of deposit (new)...— 10,000 J~"j Bstonla (Republic) 7s......—.1967 11,000 1945 M S 24,000 Finland (Rep of) external 6s M N 15,000 ♦Frankfort (City of) s f 6H«——1953 J D 89,000 Fiench Republic 7%s stamped..1941 7 H* unstamped ......1941 16,000 v • 6,000 1,000 • j"d s f 7s stamped.......1949 unstamped......—.—.1949 External 7s ♦35-year 5Hs stamped ........ 196i 592,000 ♦5Hs unstamped ..1965 139,000 ♦5He stpd (Canadian holder)..1965 6,000 352,000 ♦German Republic 7s stamped._1949 ♦7s unstamped.....—...1949 74,000 German Prov 8t Communal Bke— ♦(Cons Agric Loan) 6H* •*' A.1958 70,000 9,000 ♦Greek Govt secured 7s..—.....1964 •S f secured 6s.... ........1968 47,000 56,000 Haiti (Rep of) 6s aeries A.——.1952 25,000 ♦Hamburg (State) 4s...........1946 13,000 ♦Heidelberg (City) extl e f 7He..l950 1960 25,000 Helslngfors (City) ext 4 He Hungarian Cons Municipal Loan— ♦7Hs unmatured coupons on..1945 11,000 ♦7s unmatured coupons on ..1946 33.000 J D AO 80 33 34 X 34 100 Sale 23 June 10 June 4 June 3 June 1 June 1 79*4 June 10 74 June 7 22*4 22*4 98% 9)3*4 33*4 June 102% June 102 102% 102 103 102 June 98 100 97*4 98*4 97% June 58*4 103*4 June 102% 104H 58*4 60 % Sale 58*4 Sale 57*4 June 104 Sale 105 104 Sale Sale 104 105 X 10154 98 H Sale Sale 101 Sale Sale 105*4 Sale Sale Sale 101 78 76 77 M 78 X 50*4 106H Sale 19 23 113 123H 113 122H 124% 127H 123% ♦Hungary (Klngof)7H eFeb.op .on 1944 Irish Free State external 5s 1960 21H Sale 20 Sale 29 J 8 June 26 June 30 June June June June June June June 70 Jan. 11 22 79*4 20% June 29 14 34*4 9 102*4 16 102% 21 98 15 104 29 61*4 76 75 66 23*4 61X Sale 56*4 57*4 99 X 98 Sale Sale 107*4 108*4 23 Sale 22 23*4 116 Sale 110 Sale 111*4 Sale 109*4 Sale 119*1 117*4 Sale 110 117% 121 99 107 % — 74 78 June 22 June 9 75 74 25% 26% 27H A O A O 99 100 18 % 25 J J 15% A O 105*1 J J J J 21*1 26 21% "22" F A 48 F A 113 50 H 120 D 85 H 8 74*2 Italian Public Utility s f g 7s J 67*2 Japanese Gov extl s f 6H*—1954 F A Bxtl sinking fund 5 He —1965 MN Jugoslavia (State Mtge Bank)— ♦7s Unmatured coupons on 1957 A O 23,000 F A 1,000 ♦Leipzig (City) external a f g 7s. 1947 Lower Austria (Province of)— 7Hs Unmatured coupons on..1950 2,000 1954 23,000 ♦Medellln (Colombia) 6He 38.000 ♦Mexican Irrig Assenting s f 4 He 1943 3,000 ♦Mexico (U S) external 5s of 18992 1945 ♦Assenting 5s of 1899.........1945 30.000 ♦Assenting 5s large ............ 8,000 ♦Assenting 5s small............... For footnotes, see page 80. 18H 106 MN external s f 7s. 1951 J 1947 M 1952 J J D J D Q "j .... Q Q J J 28 21*4 Sale 98 83 Sale 79% 71H Sale Sale 100 22 June 9 June 29 23 H 23*4 June 28 76*4 June 22 74*4 June 29 20*4 June 8 58 June 29 98 June 107% June 21*4 June 7 Sale Sale Sale Sale Sale Sale Sale 26*4 if*f Jan. 12 June"" 1 74*4 Jan. 2 72 73 79*4 June 23 78% June 3 76*4 June 22 20*1 61*4 June 99 8 23 June 29 119*4 109*4 June 30 111% 117% June 30 119 118*4 June 28 118*4 58 1 June 29 98 Jan. 5 105% Mar. 18 17% Mar. 18 June 29 3 110 1 109*4 June 30 12 117% June 30 28 117% Apr. 23 June 7 June 28 June 1 June June June June 20*4 Jan. 18*4 Jan. June 8 28*4 June 21 25% June 7 29 1 1 36 June 21 28 June June June June 30 June 19 25% June 7 27*4 Apr. 8 23*4 May 11 29*4 Sale 33*4 34% 28% June 1 33 *4 June 28 30 June 17 23*4 Jan. 34 28 Sale 29 100 21 24 25*4 24*4 24*4 24*4 26*4 26*4 97*4 Sale 11*4 12*4 97 11 23*4 28 June 15 99*4 June 11 100 21% June 8 23% 19 June 5 20*4 105 June 1 106 23*4 June 1 24 June 21 25 Sale 28 104*4 Sale "6*4 "~8" "6 8% 6*4 Sale 6 Sale 34*4 June 29 *4 June June 7 26 4 6 8 18 18 21 *4 May 24 June 21 June 7 June 21 32 41 35 Jan. 8 27*4 Jan. 4 96*4 Jan. 8 100 25 17 Mar. 23 15*4 Jan. 8 20% 105 May 5 107 June 23 June 23 25*4 June 19 25 June 7 62*4 June 25 115% June 1 87*4 June 14 85*4 June 12 42 June 17 24 97% Jun<e 1 11 June 9 4*4 June 22 5% June 7 6*4 June 3C 6 June 3C June 1 June 23 June 28 June 14 13 33 June 19 Mar. 4 Feb. 16 Feb. 19 Feb. 11 Mar. 2 June 28 Mar. 10 30% Mar. 22 30% Mar. 22 30% Mar. 22 27% Mar. 23 62% June 25 111 Mar. 18 115% June 1 80 Mar. 30 93% Feb. 4 Feb. 15 80*4 Jan. 5 94 71*4 Jan. 4 82% Feb. 23 75 June 12 93 Jan. 27 100% June 8 100*4 June 8 9 79*4 Jan. 27 8954 June 89*4 June 9 25 39*4 June 18 24 1 1 Jan. 17 20 24*4 Mar. 3 124% Jan. 22 119% Jan. 11 130 Jan. 25 124 Mar. 4 28% 25% 36 30 21*4 25% 30*4 24*4 1 22 66% May 6 100% Mar. 23 109 June 28 31 Sale ----- 40 8*4 82 6 26 7 12 Apr. May Mar. Apr. 81*4 Mar. 11 81% Apr. 1 81 Mar. 4 26 Feb. 27 5 June 1 Jan. Feb. Feb. 82 76*4 June 22 74*4 June 29 1954 May 11 June 11 78 26 40*4 29*4 7 , Mar. 12 50% Feb. 82% Mar. Jan. 2 Jan. 4 June 28 75 25*4 June 19 110 ----- 36*4 35 June 30 105% Jan. 2 9 106% June 23 5 102% May 7 1 101% June 23 June 18 76 1 109 r26*4 26*4 24*4 June 23 55 Sale 61 Sale 55 June 1 115*4 Sale 113*4 114% June 17 86*4 Sale 85 June 2 85*4 Sale 85 85*4 June 29 85*4 84 72 72*4 Sale 71% June 2 72% 99 97*4 Sale Sale 97%. June 1 86*4 Sale 85*4 Sale 85*4 June 3C 30% 92% 104 H 15% Sale June 26 6 Sale 18*4 19*4 18. vi 21 Sale 105*4 Sale 105 24 27H 1 30 28 26 26 26 27 Jan. 2 36% 102% Apr. 12 105*4 101 Jan. 29 102% 97% June 21 100 102*4 May 27 104% 56*4 Mar. 13 68 103*4 May 17 105% June 22 June 1 June 2 24*4 34% 29 % 33% Italian Cred Consortium 7s ser B Italy (Kingdom) 28H Sale 28*4 Sale 31 18 Feb. June Jan. June June June 38 ' Feb. 15 25*4 June 24 38 Feb. 15 25*4 June 23 Feb. 11 20% Apr. 8 31 20 Apr. 7 30% Feb. 11 20 Apr. 6 30% Feb. 11 96*4 Apr. 12 101% June 17 93 May 3 99% Feb. 17 Apr. 16 77 Apr. 12 90 Apr. 16 70% Apr. 13 80 Jan. 28 95 May 5 99 3 9 24 30 24 17 18 June 5 June 23 zl04 June 1 105 June 11 103% Apr. 104 June 1 104 105% June 1 106% June 13 104*4 Apr. 101 June 21 101*4 June lj 100% Jan. 97*4 May 98*4 June 1 101% June 23 77 70 30% 24 % A 6 27*4 June 11 28*4 June 4 12 45 79 Sale 25H V 3 4 21*4 Jan. 78*4 June 30 97% June 4 77*4 "77" June'23 "78"" 77 26 H O MN Sale 5 5 5 ----- Sale 77 H 68 "98"" "99"" Jan. 97% Apr. 26 103 82*4 Apr. 21 91% 83*4 Apr. 2 98% 75*4 Mar. 23 84% 75% Mar. 23 85*4 77 Apr. 30 86*4 78*4 Mar. 23 88 56 r Mar. 22 65*4 16 30 June 26 June 26 June 26 85 96*4 June 25 Sale 103 79 "23"" "23% 24H 4,000 ♦Hungarian Land m.ga 7H« A..1961 ♦S 1 7Hs series B 1961 M N 3,000 109,000 2,000 241,000 7,000 84,000 275,000 439,000 73 H 47 33*4 May 28 Feb. 15 102*4 June 23 Jan. 5 102 Jan. 19 German Gov't International— w " 70 H 70 29 29 23 100 17 100 17 99% Feb. 24 102*4 Jan. June 28% 28% 23*4 23*4 23*4 101 % 98*4 25*4 June 24 25*4 June 23 26*4 Sale 26*4 Sale 23*4 24*4 20% 23% 23*4 Sale 22% 23% 23*4 99 H Sale 100 Sale 94 % Sale 98*4 Sale 75 75 X 77*4 78*4 75 Sale 78*4 Sale 96 97*4 96% Sale 24 H 50% Sale" 24*4 Mar. 3 59*4 Jan. 5 47*4 Feb. 16 26% Jan. Deutsche Bank Am part M S Feb. 27 25 22 4 29 47*4 Jan. 19 103*4 Jan. Jan. 18 103 Feb. 24 105% Jan. 101 27*4 June 11 28*4 June 4 1 27*4 June 26 Sale Sale 102 H 100% 101H 78 Mar. 17 18*4 Mar. 42% June 35 Apr. 35 Apr. 35*4 Apr. 99% Mar. 99% Mar. 21 9 10 9 June June June June June 2 110*4 June 11 2 118*4 June 11 6 102*4 Feb. 11 Jan. 99 18 1 June 23 Mar. 11 111 105*4 Jan. 115*4 Jan. 22, 13 18 26 June 11 25*4 Mar. 18*4 Mar. 29 1 104*4 Mar. 17 110*4 Jan. 4 106*4 Sale 106*4 June 30 107*4 June Feb. 22 114*1 Jan. 7 111 6 111% June 4 112*4 June 112 Sale Sale 97 Mar. 17 101*4 Jan. 23 7 98*4 June 7 99*4 June Sale 99*4 Sale 96*4 Mar. 17 103*4 Jan. 2 99 June 26 99% June 7 99 Sale Sale 99 June 23 98% June 7 June 23 7 99 98*4 98% 98 % June 93 *4 June 92*4 June 29 8 8 92*4 Sale 92*4 June 29 93 *4 Juen 57 June 18 Apr. 2 5 57 50*4 Jan. June 23 "61*2 56*4 61*4 56 35 Jan. 4 53*4 June 23 50 June 4 53*4 June 25 52*4 Sale 50 26% Jan. 4 37% Mar. 10 37 June 30 37 Sale 33*4 June 1 Sale Mar. 8 26*4 Jan. 4 38 June 30 37 Sale 33*4 June 1 37 Sale 30% Jan. 4 48*4 Mar. 31 42 % 41*4 42*4 38% June 9 41% June 28 18*4 Feb. 6 25% Mar. 4 19 *4 June 30 21*4 June 2 22 19*4 Sale Mar. 10 18% Feb. 4 25 2 19*4 June 22 21*4 June 19*4 Sale Sale Mar. 3 18% Feb. 5 25 4 19*4 Sale 19*4 June 30 21% June Sale 18*4 Feb. 4 24*4 Mar. 9 2 19*4 June 30 21 *4 Jline 19*4 Sale Sale 18*4 Feb. 5 24% Mar. 9 2 19% June 30 21*4 June 19*4 Sale Sale 18% Feb. 4 24% Mar. 9 2 19% June 22 21*4 June 19*4 20 22 19 % June 22 18*4 Feb. 4 24% Mar. 11 21*4 June 2 19*4 Sale Sale 15% Feb. 4 21*4 Mar. 11 18% June 1 16*4 JUne 21 16*4 Sale Sale 15*4 Feb. 6 2154 Mar. 8 18*4 June 2 16*4 June 23 17 18 H 16*4 15*4 Feb. 6 21*1 Mar. 16 18*4 June 1 16*4 June 23 16*4 Sale Sale Mar. 9 15% Feb. 4 22 18*4 June 1 16*4 June 19 16*4 17*4 Sale 15 Jan. 9 21% Mar. 9 June 22 17*4 June 2 15*4 17*1 16 18 X 53*4 Jan. 14 70% June 21 70 June 18 70% June 21 18*4 Mar. 29 26% Mar. 3 24 June 29 June 1 Sale" "26"" ---II 23 22 J O A Sale Sale 1 102*4 7 101*4 3 101% 9 101*4 3 91% 89 15 1 84% 1 85*4 2 86*4 4 88 2 65*4 Mar. 19 104 98 108 Sale 28 H 28% 20% 24 20% 27 H 20% 99% Sale 97 X 98 J June 79*4 June 56*4 June 56 32 J 88 77*4 June 85*4 Sale 65 Sale 65 ~49% ~6l% "57"~ J June 85 112 M s 87 79 H 79 X 107 % J 101*4 June 84 J J June 100 82*4 Sale J J Sale June 100*4 June 90 90 114% Sale 101% Sale 103 H Sale F ----- 8 11 103% June 22 19 99*4 Mar. June 23 30 Sale Prices 104% Mar. 16 110*4 Jan. Jan. 104*4 Mar. 17 110 6 June 14 23*4 June 23*4 June 1 4 46*4 June 1 40*4 June 40 June 1 1 40% June 18 101*4 June 16 101*1 June 18 103*4 June June 25 Sale 109% Sale J June June June June June June June June June Highest Sale Prices 2 June 1 101 June 22*4 20% 42% 37*4 37*4 36*4 100*4 100*4 101*4 78 Sale Sale 59 H 59 100 77% Sale Sale Sale 80 Sale 81H 83 MN Sale Prices June 29 108 Lowest June 29 107% June 24' June 3 103% June 22 June 11 June 3 104 June 5 25% June 19 109 June 1 111 June 23 108*4 June 1 110*4 June 11 117*4 June 3 118*4 June 11 91*4 Sale 87 87 Sale Prices 106*4 106*4 101% 103*4 20*4 101 100 78 H Highest 28 29,*4 29 33 % 102*4 Sale 101 Sale 29 101H 101 85 H 8654 8 M Aug 15 1945 1961 1944 1967 10-year 2 He Ask 106*4 Sale Sale 106*4 Sale 102 Sale Sale 103*4 Sale 22*4 109*4 Sale Sale 109*4 Sale Sale 118*4 Sale Sale 100*4 ----Sale Sale 22*4 24 21*4 Sale Sale 45 Sale Sale 38*4 Sale Sale 39*4 Sale Sale 39 Sale Sale 101 Sale Sale 101*4 Sale 103% 101*4 103 Ask Bid Bid 101H A 25 year 3H« Ask Lowest June 30 June 1 109H 110H 109% 110 332,000 Canada (Dom) Gold 4s————1960 M N 30-year gold 5s....— .—1952 140,000 125,000 213,000 50,000 | 1937 J F 1 Jan. 2 D M RANGE SINCE JAN. PRICES IN JUNE Price Inter st Period^ Foreign Government (CooHoiw*) J J 226,000 Australia S> of IMS.—. July IS 1955 M S External loan 5s of 100,000 M N Bxtarnal ft oi 1928 1956 J 310,000 J 13,000 Austrian Govt s f 7s.......——1957 F A 3.000 ♦Bavaria (Frea Statu) extl*Hft—1948 M S 69,000 Belgium 25 year external * Hi s—1949 J J Bxtarnal s f 4a.... 72,000 J D Bxtarnal s f 7s.. ........—1958 64,000 M S 19,000 Bergen (Norway) extlSs .....I960 A O 1950 32,000 ♦Berlin (Germany) s f 4He.. J D ♦External sinking fund 4s...—1958 40,000 J D 1941 345,000 ♦Brasll (U S of) external 8s ♦Kxt s f g *%• of 1924 1957 A O 500,000 ♦Bxtl s f 4%ft of 1927 1957 A O 253,000 J D ♦Cant Ry 30-year g 7s —1952 190,000 M 8 1957 63,000 Brisbane (City) s f 5s.... F A Sinking fund gold 5s .........1958 31,000 J D 20-year s f 6s.—..........—1950 13,000 Budapest (City of)— .-r. EXCHANGE-BONDS N. Y. STOCK 20 June 17 June 11 98*4 June 16 12 June 5*4 June 5% June 6*4 June 7 4 9 7 9 j June 22 21*4 21*4 21*4 21*4 47*4 Jan. 30 Jan. 13 Jan. 5 Jan. 5 Feb. 1 29% Jan. 4 19*4 Apr. 10 42 June 17 25 Feb. 27 Mar. 19 11 June 9 4*4 June 22 6% June 7 98% June 16 17 Jan. 4 8% Jan. 7 8 Feb. 25 11% Jan. 6 1154 Jan. 6 11 Jan. 6 95 6 *4 June 30 6 June 30 7*4 Mar. 24 July, 1937] n. y. stock Sales in June Price Jan. 2 bonds Value n. 7. stock exchange ♦Au«ntiiig 4a of 1904 Bid D Treat 4a of '13 aaaent (large) 1933 J 12 % ♦6a aeries A 4,000 New South Wales oxt External a f 0 5a Norway 30-year ...1959 MN ..... f a 1957 F 4 5« A 1958 A O ...... ext a f 30-year external a 6a.Aug 151943 F A 16s. Aug 15 1944 F A Extl sinking fund 4%« 1956 M 8 External sink fund 4%s—.1965 A O 48 a f extl loan Municipal Bank ext a f 5s 1970 J ♦Nuremberg (City) external 6a.. 1953 Oriental Development 6a........1953 External deb 5 Ha 1958 Oslo (City) 4%« extl sink fund—1955 D 102 A 8 76 % 72 % 99 (121,000 l Rio Grande db Sul (State of)— ♦88 April coupon off .......1946 A ♦6s June coupon off..........1968 J O D ♦78 May coupon off... 85,000 ......1966 MN ♦7s June coupon off 51,000 ...1967 J D 155,000 Rome (City) external a f 6 Ha 1953 A O Roumania (Kingdom of, Monopolies) ♦7s August coupon 187,000 off........1959 F A 3,000 ♦Saarbruecken (City) Sao Paulo 36,000 45,000 20.000 a 16a 1953 I 69 off..........1936 J off...........1950 J J ♦88 50,000 ♦7s September coupon off.....1956 M S ♦6s July coupon off .—.—..1968 J J Sec s f J 7s ...1940 A O 97,000 256,000 9,000 6,000 July coupon ♦Saxon State Mtge Inat 7s J 1945 J 45,000 147,000 3,000 84.000 14,000 113,000 370.000 183,000 8,000 25 103 Sale June 24 June 17 June 24 Sale 82% June 85 June 100% 99% June 106 Sale Sale 51 June 27 22 23% 23% 26% 97% 24% 25 26% 94% 23% 72% 25% Sale 25% 27 25% 27 75% Sale 35% 36 Sale Sale 27 28 4 29% June 1 25 76 Apr. May June June Mar. Mar. 26 30 19 22 1 June 48 23% June 29% 27 Sale i June 26 1 June 22 Jan. 22 Feb. Feb. 15 Feb. 15 Feb. 11 80 Feb. Feb. 11 28 11 2 15 64 33% Mar. 11 May 25 92 Jan. 13 31 Feb. 23 16 100 Mar. 2 11 24% Mar, 3 17% Jan. 16% Jan. 7 24% Mar. 4 29% June 9 26% June 26 26 Apr. 30 22% May 18 29 26% June 28 75% June 14 May 23% May May 25% May 72% Apr. 25 17 17 18 25% Jan. 27 36% June 2 "June 18 Feb. 26 1 Jan. 20 33 Jan. 21 32) 32) 83) Jan. 2 38 June 14 7 27 Feb. 27 June 9 35% Mar. 25 June 14 38% June 12 33 21% Jan. June 28 23% June 23 34% Jan. May 14 25 1 40 20 Jan. 21 Feb. 3 15 34% Jan. 2 21 44 Jan. 28 43% Jan. 19 26% June 25 % June 93% June 1 29 7 27 June 28 36% June 2 29% May 14 May 13 24 May 17 1 96 June 91 21% June 8 25 June 29 25 June 3 25 June 27% June 9 8 29% June 10 28 1 24 4 7 48% June 29 32% June 18 40% Mar. 13 54 30 39% Mar. 11 Sale 31 . ** 27% 28% 27% 47% 31 Sale 47 25 39% 105% Sale VJ* 73 H 78 79 Sale 101% 102 64% 66 77% 96% Sale 26 June 44% June 32 June 95% June Sale 104% June June 76% 76 78 73% June Sale Sale 71 Sale 67% 66% 93 73% 100% 66% Sale 65% Sale Sale 36 98 95 105 75 Sale 67 Sale Sale Sale Apr. 23 Jan. 26 62 27% June 21 28% June 23 27% June 21 25% June 40 28 78 77% Sale 9 45% May 11 38 30 28% Sale 90 89% June 30% Feb. 27 22 32% June 29 26% June 9 1 37 28% Sale 26% Sale 95% Sale 32% Sale O June 25 77 100% 65% 65% 65% 34 June 29 June 10 12 3 June 95% June 11 106 June 21 78% June 10 2 73% June 8 80% June June June 102 M June June 7 June June June 11 June 11 June June 1 98 June 10 2 49 June 22 1 86% June 17 85 78 97 96% June 3 44 June 83% June June Mar. 27 41 46 83% Sale 96% 47% 49 84% Sale 35% Feb. 19 34% Jan. 25 98 Jan. 19% Mar. 23 25 June 29 22 25 Feb. Jan. 28 25% Jan. 4 Jan. 4 Jan. 12 90% Jan, 101% Mar. 71% Jan. 65 Mar. 72% 99% 63% 63% 11 78 25 78 Jan. Mar. May May May 18 27 31% Mar. 20 30% Mar. 19 Feb. 10 95% May 12 106 June 21 78% June 10 2 73% June 8 80% June 103 71 Mar. 9 June ll 70% June 11 70% June 11 83% Apr. 14 June 6s Unmatured coupons on....1952 MN 16,000 ♦Warsaw (City) external 7a......1958 P A 58,000 Yokohama (City) extl a f 6a 1961 J D 61,000 May 27 10 22 32% 92 Sale 26% June 24% June Sale 26 18 101% 69% 69% 85 25 5 25% June 14 25% June 15 72% June 29 26 Sale 17 25% 26% 25% Sale 53% 55 30 v 36 Jan. June 79% June 11 8 101% June 9 June 22% 25% Sale 93% Sale 32% 15 27 20 2 5 22^—i- 30% 29% Sale 32% Sale Sale 38 34 Jan. Jan. 1 98% June 103% Apr. 30 24% Mar. 2 Mar. 47 60 Feb. 25 107% Jan. 8 21% June 37> 42 ..... Jan. 20 June 30 109 105 103 June ' 27 26% 72% Sale 23% Sale 3 64 June 2 2 3 r 6 Feb. 111% 110% June 4 111% June 11 109% May 5 113% Jan. 14 Sale 109% June 29 111% June 18 109 Apr. 10 113 Jan. 8 June 16 36% 31 32 June 11 21% Mar. 12 32 June 11 4 26 32 Sale 74 Sale 22 26 37 26 104% 23% Sale Jan. 105% Jan. 2 96% June 23% June 22 23% June 22 June 95% June 27% Sale 25% Sale 25 , 28 25 31% 25% 27 95 27% June 21 26% • 28% 24% Sale 24% 35 30 Sale 98 30 30 28% 23% 110 110% Sale 110 109% 111 24% 36% 30 Sale" 28 , 1 13% Jan. 22% 19% 17% 17% 51% June 25 66% June 7 48% June 30 June 11 June 8 7 7 8 Jan. 13 61 3 21 82 104% June 25 107 68% June 28 85 3 June 9 105 75% Jan. 71% Jan. 97% Apr. 24% June 11 21 % June 2 21 30 Sale 17 Jan. 34 33 72 99% Apr. 95% Apr. 102% Mar. 1 21 95 25% Sale 23% June 1 19% June 16 June June 22 26 Sale 69 June 22 June 2 24% 22 June 25 May May May Mar. Mar. Mar. Mar. 30 30 25 30 101% Apr. 9 Sale 99 30% Sale 24% Sale 61 June Apr. May Mar. 105% Apr. 79% June 11 8 101% June 18% Sale 50% 52 64% Sale 48% Sale 94 26 61% 24% Sale 20 21% 19 June June 16 104% June 25 106 68% June 28 76% June 3 76 60% 27% 26% Sale Sale" 103 1 "24% 77 58% 65% 46% Sale 28 98% June 21 Sale 76% Sale 59% Sale 26% 97% June 102% June 77 48 27 101 % June 100 Sale ; 5 107 June 26 106% June 1 1 104% June 103 June 10 June 22 24% 65% 60% 101% 101% 104% 103% June 82% 23% Sale 60 111% 113% 106 105% 75% 80 67% Sale 21% June 9 June 30 63% June 16 103% June 14 72 105% 106% 105% June Sale 102% June Sale 203 20% Sale 20% Sale 1960 M N 1964 MN 1952 A 9 Sale Sale Trondhjem (City) 1st ext g 5 Ha..1957 MN ♦Uruguay (Rep) external a f 8a..1946 P A Venetian Prov Mtg Bank 7s Vienna (City of)— 27% June June 9 9% Jan. 9% Jan, June 29 9 67 98% Sale 102% 23 O f 6a....... ♦Exter a f 6s 5 73% June 103 102 20% Sale 20% Sale 113 27% Sale 233 (City) a f g 5 Ha 1955 P A Taiwan Elec Pow 5Ha ......1971 J J Tokyo City loan of 1913 5a 1953 M S External • f 5%a guar ...1961 A a Sale 5% June 28 5% June 19 ► 25% June 25% June Sale Sale 25% Sale Sydney ♦Ext 1 4% 8% 7% 70% 100% Sale 85 D ♦SFg6%v Dec 1940 J D Serbs Croats & Slovenes (Kingdom)— ♦8s Nov I 1935 coupons on.. ..1962 105,000 ♦78 Nov 1 1935 coupon on.....1962 94,000 ♦Silesia (Prov) extl sink fund 7a. 1958 J D 81,000 ♦SUesian Landownera Aaan 6a...1947 P A 9,000 Styria (Province of)— 7s February coupon off.... 1946 P A 2,000 June 70% June 28 107 Sale 82 77 74% 38 81,000 72 Sale 21 24% 78 75 99% 73% J San Paulo (State of)— ♦♦8s July coupon 6 5 % June 8 5% June 21 5% June 7 June 29 4% June 30 Sale • 103 103 105% 106 (City of)— ♦8s May coupon off...........1952 MN ♦6%s May coupon off.........1957 M N 5% June 28 62% 60% 65% 62% June 103% 103 Sale 102% June 103% 102% Sale 102% June 106% 106% 104% 102% 98% 102% Sale 18% II 45,000 Queensland (State of) ext a f 7s..1941 A O 35-year extl a f 6a Feb 15 1947 F A 14,000 27,000 ♦Rhlne-Maln-Danube deb7a ser A1950 M S Rio de Janeiro (City of)— ♦8s April coupon off 84,000 ......1946 ♦6%s August coupon off......1953 245,000 f % P ♦National loan ext a f 6a 503,000 1960 ♦National loan ext a f 6s 244,000 —1961 60,000 ♦Poland (Rep of) g 6a 1940 ♦8tabills loan 7a of *37. Oct 15 1947 88,000 ♦External a f 8a 75,000 1950 Porto Alegre (City of)— ♦8s June coupon off 25,000 .......1961 J D ♦7%s July coupon off 40,000 ..1966 J J 6,000 Prague (Greater City) 7%v 1952 MN 37,000 ♦Prussia (Free State) ext aff 6)4—1951 M 8 ♦Sfgold 6a 102,000 1953 A O Sale Prices 9% 26% 26% 68 60% 101% Sale Pernambuco (State of)— ♦7s September coupon off.....1947 M S 49,000 64,000 ♦Peru (Rep) Sec a f g 7a 1959 M S Sale Prices 5 "71% Sale Sale ii* 60% 64* 104% 105* 104% 107 % Sale 106 % 109 102% 103 % MN 7% 26% Sale 27 Sale 24 % 27 65 H A O Highest Sale Prices 5% June 19 4% 5% 4% 5% 4% Sale Sale 72% 1963 F A 64,000 Panama (Rep) external 5%a.._—1953 J D ♦Extl a f 5a ae* A 8,000 .May 15 1963 MN ♦Stamped (assented)........... 26,000 57,000 72 Lowest Sale Prices Ask Highest Sale 70% 95,000 ♦6%s September coupon off 1958 M 6 49,000 ♦6H» September coupon off.—1959 M S 30,000 ♦Montevideo (City) 7a ...1952 J D r 6% 6% RANGE SINCE JAN. 1 Lowest Sale "7% "9% "11% "I2H J Vllnas Geraes (State of, Brazil)— I 6 5% 5% 7 % Sale •♦Small 140,000 Milan City (Italy) oxt loan 6%a— 1952 AO 61,000 67,000 37,000 44,000 112,000 169,000 572,000 6,000 21,000 37,000 115,000 85,000 Ask Bid Bid Sale 8H 6% larfa...... June 30 ♦Aswntlng 4a of 1910 amall— •♦ * June 1 Ask 7 1954 ♦A« venting 4a of 1910 21 PRICES IN JUNE 1937 FOREIGN GOVT (CeaelnieO Mexico (Continued) 10,000 of 1904 1954 J 23,000 14,000 28,000 exchange—bonds 92% Jan. 21 39% Mar. 13 77% Jan. 2 98 Feb. 54 Feb. 27 15 86% June 17 RAILROAD AND INDUSTRIAL COMPANIES. 177,000 109,000 298,000 34,000 1-3,000 -24,000 28,000] ♦{♦Abltlbl Pow & Paper lat 5a...1953 / D Adams Express coll tr g 4a. .....1948 M S Collateral trust 4a of 1907.....1947 D A 10-year deb 4%s ...1946 Sale 106 Adriatic Elec Co external 7a.....1953 Ala Gt Sou lat cons 5a aer A 1943 Flrat cons 4a series B 83 6s 1948 196,000 2,000 O 104% A 100 Collateral and convertible 5a ..1949 J D ♦Collateral 5c convertible 5s 1950 A O VIpine Montan Steel 7s Amer 5c 1955 M M S Sale Sale 86 Sale 65% 102% 103% 112% 100 161*" 94 Sale Vmerlcan Ice a f deb 5s ...1953 1 D American IG Chemical 5Ha .....1949 MN Corp conv 5Ha._1949 J J Amer Tel 8t Tel—- 87 109 Sale Amer Internet 30-year sinking fund 5 Ha 338,000 1943 MN Convertible debentures 4H*--1939 J J 253,000 3%a debentures 747,000 1961 A O J D 3%s debentures.. 886,000 1966 97,000 ♦Am Type Found s. f. debs 2%-5s_1950 J J Works 5c Elec 105% Sale 111% Sale 112% 112% 171% Sale v-1 Debenture gold 6a oerlea A...1975 MN 61,000 304,000 Anaconda Cop Mln a f deb4 Ha ..1950 A O AngloChilean Nitrate— For footnotes, see page 30. Sale ... 98,000 ♦Sinking fund Income deb 1967 11,000 {Ann Arbor 1st g 4a July 1995 4,000 Ark Ac Memo Bdge Sc Term 1st 5a.1964 431,000 Armour & Co 4s s f ser B (Del)...1955 1st M s f 4s ser C 180,000 (Del) 1957 156,000 Armstrong Cork deb 4a.... ....1950 1 76 J Q M j J P F A J J 109% 110% 106% Sale 36% Sale 71 72% 104% 99% Sale J J 106% 70 V;i 104% 94% June 28 100% June 7 84 Jan. 99 2 99 June June 24 101 80 s 107% 66 June June 28 84 June 5 75 104% 99 Sale 94 Sale It* Sale" 104% June 17 104% June 15 95 63% Sale 95% 99 58"" 90% 91 82 97% 93% 81 Amer Water 84 (Sale S Foreign Power deb 5a...2030 ... i" 66 1946 A ♦5s stamped.... 722,000 .........1950 23,000 AUegh 5c West 1st g gu 4a 1998 AO 52,000 Alleg Valley gen gu 4a ...1943 M 8 24,000 Allied Stores Corp deb 4%s.—1950 A O 4%s debentures.. 32,000 1951 F A 4,000 573,000 111,000 249,000 130,000 Sale 100 109% Apr. 106 98% June 100 Apr. 79 June 29 100 103% Jan. 99% Feb Jan. 115 110 76 83 Sale . June 26 June 10 June 10 June 10 June 29 June 3 June 21 June 18 103% June 30 105% June 17 125 Sale 112 June 29 113% June 3 104% June 26 105% June 3 98% June 28 99% June 7 98 June 14 99 % June 7 120 June 28 143 June 11 105% Sale 105% Sale 105 Sale 105 105% Sale 105 33 Sale 31 57 63 101 104 35 51 ----- Sale 66% 104 97% Sale 97% Sale 105 Sale Sale 104% Sale 99% Sale 98 % Sale 97% Sale 96 Sale 103% Sale 60 101 97 June 5 11 83 1 100% June 18 June 14 95% June 11 87% Apr. 112 75 108 25 101% Feb. 96% Jan. 93% Feb. 5 113% Sale 104% Sale 99% Sale 98% Sale 136% Sale 99% June Jan. Jan. June June 99% Sale 100% 78% Sale 78% Sale 95 Sale -100% 96 106% Sale 106% Sale 105% Sale 103% Sale ----- 74 107 94% sh 78% June 1 96% June 16 9 107 June 2 83 75 Jan, Jan. 22 25 Jan. 27 Feb. 9 8 100% June 18 June 14 87% Jan. 18 Jan. 7 Jan. Jan. 4 4 120 Feb. 3 Apr. 29 110% Jan. Jan. 104% Mar. 23 107 23 June 9 June 19 31 June 18 65 June 24 101 June 2 98 June 7 June 24 June 5 101 5 2 10 111% Feb. 3 114 104% Apr. 26 113 96% Apr. 8 102% 96% Apr. 2 102% 35 4 102% 112% 101% 100% Feb. 87 Jan. 2 97 Mar. 19 105% May 17 109% Mar. 1 103% June 30 106% Jan. 29 June 95% June 29 97% June June 103% June 29 106 69 2 93% Jan. June 19 June 57% June 93% Apr. 107% Mar. May 97 May June 30 108 June 25 106 9 9 Mar. 95 95 19 Mar. 5 Jan. 23 Feb 9 Apr. 5 June 30 65% June 7 97 96% 109 108 108% 108% June 28 109 3 100 99% June 99% 100 100% Sale 1 98% 97% 97% June 99% Sale 6 5 11 64 101 June > Jan. 105% Jan. , tr conv la.. 1944 P lat guar 3 Ha. IVi 109% 111% 110% June 25 110% June 25 110% June 106% 107"" 108 108% 107% June 12 108 June 10 105% May 62 66 66 61 59 June 22 63 June 17 June 59 6s with warrants assented.... 1948 ll'.OOO Albany&Susq 339,000 Allegheny Corp coll Sale 102% 99% 100% 98% June 28 101 June 2 100 June 17 100% June 29 101% 100% 109 .1943 9,000 ♦Albany Perfrated Wrap Paper Sale 99% 100% 100% 100% June 28 200 103 60 Mar. 3 11 June 19 42% Mar. 11 June 18 74 June 24 105 Mar. 1 Jan. 27 94% Mar. 17 100% Jan. 29 95 Mar. 17 99% Mar. 5 103 Jan. 20 Apr. 6 108 EXCHANGE-BONDS N. Y. STOCK BONDS June H. Y. STOCK Value Jan. 2 I,000 {Baldwin Locom Works 1st 9 f 5s-1949 5s assented...................1940 3.000 July 1948 382.000 Bait 8k Ohio 1st g 4s Refund 8k gen 5s ser A 1995 363.000 1st gold 5s 263,000 July 1948 Ref and gen 4st series C ... .1995 289,000 P L E 8k W Va Sys ref g 4s 1941 167,000 Southw Dlv 1st 3%a at 5% 1950 194,000 Tol Cln Dlv 1st 8c ref 4s ser A..1959 56,000 152,000 Refunding 5s series D. 2009 Conv g4%a— 1949 550,000 Ref 8c gen 5s series F 1996 319,000 12,000 Bangor 8k Aroostook &R 1st g 6s '43 Con rof mtge gold 4a . 1951 76,000 4s stamped 1951 70.000 Sale 113% 114 114% 107 111% 112 Sale 102% Sale 87% Sale 91% Sale 104% Sale Sale Sale Sale 104 Sale 98 Sale June 102% 118% Sale" 117% 124% Sale 124% 23 Sale 99% 22% "26" 20 8 25 22 June 3 22 June 4 24% June 26 24% June 25 June 19 101% Sale 107% 83% Sale Sale 81 Sale 80 75 Sale 78% 23 18% 18% Sale 18 Sale 18% June 30 166% Sale 98% June 25 Sale 84% June 23 60 June 14 27 23 84% Sale Sale 87 58% 105% Sale 131 105% 108% 106 Sale 109 106% 103% Sale 119% 95% 105% 105% June 114 June 1 June 119% June 7 0 June 106 June June 106 June June 102 June 17 June 110 June 8 June 100% June 86% June 20% June 2 20% 90% 62% 14 June 30 Apr. June 8 113 1 118% June June 28 118% June 9 114% 112% 110% 110% 115% 115% Sale 112% 112% 112% Sale 123% Sale 93% Sale 103% 104% 115 Sale June 26 117 June 118 114 107% 102% 74% 103% 110% 101% 115 117% 108% """ 104 104% "63% "64" Sale 75 Sale 112 112% 108% 109% 104 Sale 86 92 95 125% Sale 93% Sale 107% Sale 108% Sale 127 128% 102% Sale 102% Sale 116% 113% 113% June 30 124% June June 28 June 2 June 9 95% June 14 June 24 105% June June June 2 115 7 June 108 106% 107% 106% June 29 June 30 104 Sale 102% Sale June 7 78 78 77% 72% June 29 104% 103 103% 103 104 110% June 16 111% 111% 111% Sale 107i% 100 Sale 31% 86 29% 20% 19 "80" 24% 32% June 21 102 25 June 28 25 25% Sale 25 June 29 17 16 June 17 15% 15 June 29 30 29% June "14% 34 25. 100 "12" 10 79% June 25 55% 98% Sale" 92 88% 122% 125 83 105% 107% 118% 96% Sale Sale Sale Sale "49% 106 Sale 57% June June 8 27% June 15 79% June 25 29% June 10 18% June 9 19 June 5 31 June 3 140% June 48 46 June June Sale 106%, June Sale 104 95 Sale 95 91 88% 123% 125 83 79% 106 106% 106% 107 119% Sale Sale 971 106 Sale June June June 17 June 142 1 June 7 102% 106% June 28 102 104% June Apr. Mar. Mar. 5 9 8 QQ Jan. 7 105% June 115% Jan. 11 110% Feb. 105% Jan. 31% Mar Jan. 3 2 8 13 111 % June 24 106% Jan. 11 93 Jan. 18 40 Jan. 12 irA Feb. June 16 June 15 June 81% May 24 36% Mar. 6 23% Mar. 8 23% Mar. 8 Feb. 25 40 Jan. 22 31 Jan. 13 Jan. Jan. §iK Jan. 96 Apr. 99% Apr. 100% Mar. June 63 Jan. June 48 June 55% June 108% June 46 22 Mar. 125% Jan. June 102 Jan. 8 28 Jan. 21 109 2 104% Feb. Jan. 14 108 Mar. 8 75 244 140% June 73 88 Jan. 11 June 78 Jan. 20 106% Apr. 112 Jan. 6 5 8 95% Mar. 10 2 125% Jan. 96% Feb. 11 June 17 101 Apr. 108 Jan. June 11 95 June 104 Jan. 88 Mar. June 108 Jan. 109 Jan. 5 7 128% Jan. 4 102% Jan. 4 4 June 29 122 83 June 106 June 74% June 105% May 106% Apr. 116% Mar. 107% June 123% June 95 98% June 98% June Mar. 102% 95% Mar. 110% Jan. 27 111 111% Jan. 18111% 6 120% 108 Apr. 9 115 110% June Mar. 30 108 108 Jan. _ 110% June 29 9'110% June 2 June 2 2 108 2 Jan. 128% Jan. 116 June 90 103% 111% 103% 111 109% 117% 110% 111% 110% June 110% June 108 113 -i09% 112 108 June 107% 107% 5 13 11 25 124 118% June 96% June 96% June 12 29 6 14 118% Jan. 116% Jan. June June 106% June Jan. Jan. 74% June 105% June 88 Jan. Jan. June 23 122 6 121 63 104 99 4 121 106% May 99% Apr. 25 72% Jan. June 8 103 24 108% Mar. June 9 100 85 May 30 108" Sale 97 June Feb. Jan. Mar. 19% Jan. 104 Sale 105 June 1 6 20 118% Jan. Mar. 2 32 Sale 42 116 16 24 96 June 99 102% Sale" 105 106% 105% June 104% 106 99% June 100% Sale 100% Sale 103 103% 103% June 100% 101 67% June 70% 67% Sale Sale June Jan. 119% Jan. 120% Mar. 89% Mar. 102% Jan. 110 Mar. 23% 19% 160 63 June 83 i8* 77 140 108 1 4 19 May 18 103 109% Mar. June 16 June 21 108 85% 25% June 29 Feb. Feb. Mar. 105% May 19 114% Mar. 9 2 93 June 116 Sale 1 20 Sale Sale 1 112 118 Sale 5 7 24% June June 28 20 9 June 7 114% June 112% June 14 112% June 16 118 Sale 58% June 58 May 101% June 103 Apr. 113 112% 115% Sale 117% Sale Sale 2 132% Jan. 22 106 Jan. 6 109 Jan. 5 106% Jan. 6 102 Feb. 10 110 Jan. 23 1012'jzMar. 9 31 89 83 73 June Sale Sale 122% Jan. 32 64 Sale 115% Jan. 20 June Jan. 89 Sale June June June June June June Sale "16" 2 16 0 5 June 20 90% 21 31 4 Jan. 7 20 58% 64 66% June Sale 62% June 64 101% June June 101% 105% June 104% 104% 104% June 22 105% Sale 26% 19% Sale 23% 30 173 180 4 4 18 Jan. 1 June 114 ■ 16 Mar. 83 8 20 Sale "18" Feb. 104 9 June Sale 104 31% 34% 21% Sale 21 21% 26 29% 23 Mar. 11 101% Jan. 105% Jan. 3% Apr. 4% Feb. 18% Apr. OH Mar. 0% June June Sale 27% 80% 27% June 3 12 17 15% 15% 88% Sale 1938 Mar. June 8% June 103 Sale 23 106 June Sale Sale Sale 60 98% June 105% 106% 104% 102 101% 109% 109% Sale 100% 100% BOH "82" Sale Sale Sale 1 June 14 117 115% 113% 112% 123% 94% 118% 7 June 60 103 124 121 June 90 Sale Sale Sale Sale 161" 106 Sale 116 Sale 41% June 18% June 88% May 97% Apr. 84% June June 22 Feb. June 18 96 113% 112% 116% 117% 117% 115% 113% 113% 91% 85% 34% 41% 6 8 Mar. 74% June June 60 90 June 80 23 90 62% Sale 101% Sale Sale 105 118% 77% June Sale 20% 19% Sale June 1 June 1 June 7 June 11 June 4 June 7 "90% 86 119% 2 107 Sale 109% 100% 75 9 99% Jan. Mar. 31112 Jan. 92% Apr. 8 111 111% 102 61% 103% 104% 3 25 8 115 Sale i09" 25 24% Mar. Sale Sale 99 Sale 114 3 2 Mar. Mar. 26 89 89 113% 122% M June 30 20 Sale 63% 1946 June 23 Sale 24 85 2,000 Central Foundry 1st mtge 6s....1941 11,000 General mtge 5s 1941 18,000 Cent Hudson G 8c E 1st 8c ref 3%s'65 191,000 Cent 111 Elec 8c Gas 1st 5s 1951 33,000 Central Illinois Light 3 Ha 1966 160,000 {♦Central New Eng 1st guar 4s..1961 154,000 Central of N J gen g 5s 1987 31,000 General 4s 1987 322,000 Cent Pac 1st ref gu g 4s 1949 1,000 Through St L 1st gu g 4s 1954 271,000 Guar 5s I960 11,000 ♦♦Cen RR 8k Bkg of Ga col tr Ss.1937 14,000 Central Steel 1st sink fund 8s...1941 158,000 Certafn-teed Prod sfgSHsA .1948 76,000 Champion Pap 8c Fibre deb 4%a.l950 45,000 Ches ec Ohio 1st cons ft 5s ...1939 107,000 General gold 4H. ....1««2 357,000 Ref 8c Impt mtge 3%a ser D 1996 144,000 Re' & *mpt mtge 3%a ser E 1996 Craig Valley 1st g As ..May 1946 June 30 74% June 30 23 89 1946 83% 84% 79% 27% 26% 25% 20 2 Mar. 12 25 June 100% June 26 106% Jan. 2 77% June 30 Jan. Jan. 20 8 Sale 21 Feb. 23 Feb. 15 131 18% Mar. 16 June Jan. 121 12 18% Jan. 93% June 28 96% June June June 2 108 108 18 5 25 16 Mar. 10 Jan. 18 Jan. 25 Mar. 2 103 Mar. 13 20 June 25 100% June 26 104 Sale 79 84 9 22% June 27' 25 110 116 78 Mar. 120 29 Sale 96 100 9,000 ♦Cent Br Un Pac 1st g 4s 1948 1,000 {'Cent of Ga Ry 1st g 5s—.Nov. 1945 60,000 'Consol gold 5s ...1945 23,000 *R®f 8k gen 5%a series B 1959 66,000 8k gen 5s series C 1959 3,000 *Chat Dlv pur money g 4s....1951 ♦Macon 8c Nor Dlv 1st g 5s 1946 ♦Middle Ga 8k Atl Dlv pur m 5s. 1947 June 23 119% June 11 124% June 14 125% June 10 June nu 116 72% June 102% Feb. 115% Apr. 117 24 103% Sale U° 72% June 23 72% June 23 24 24 23% Apr. Apr. Apr. June Sale 24% 24% 27 W* 22 107% 112 Sale June 111 103 June 12 June 10 ll8% Sale 21% 112% 102 102 June 74 June 28 112 110 l02" 105% 75 June June 12 71% 21% 23% 21% Sale 21% 21% June June Mar. 75% June 2 108 Sale" .04 MS* 88 Mar. 26 Jan, 107% Jan. 99% Jan. 93% Jan. 102 June 111 "70" 8 20 110 2 Sale Sale June June 106% 107% 103 105 June 111% 106 75% 87% June Apr. June 85 June 29 74 4 22 Jan. Jan. June 85 June 29 77% 111% Jan. Jan. Mar. June 103 June 85% June 65% June 29 Sale Mar. 22 108 94 116 105 8 June 29 97% June 29 103% June June 29 105 June 93 28 75 106* 106* June 28 28 114 Sale Sale 1 June 17 29 Sale 111 .31 June 29 107 68% 84% .20% 120% June June 28 105 June 17 104 105 "77" 22,000 1st 8c con g 6s series A.Dec 15 1952 49,000 Carriers & Gen Corp deb 5s w w.1950 12,000 Carthage 8k Adlr 1st gu g 4s 19S1 fi" 105 1957 121,000 Canadian Nat gold 4%s Guaranteed gold 5s July 1969 101,000 Guaranteed g 5s ...Oct 1969 55,000 Guaranteed g 5s 1970 33,000 Guar gold 494s.... June 15 1955 27,000 Guar g 4%a 1956 202,000 Guar g 434s ...1951 107,000 46,000 Canadian Northern guar 6%a...l946 679,000 Canadian Pac 4% dab stock... Collateral trust gold 4%a. 1946 129,000 5s equip trust ctfs............1944 39,000 Collateral trust g 5s_. ...1954 116,000 Collateral trust 4Hs 1960 271,000 6,000 {♦Carolina Central 1st gu g 4s.. 1949 30. 1 11 111 1960 117,000 {♦Bush Term Bldgs 1st 5s gu 1,000 Gal Gas Ac El Corp untf 8c ref 6s..1937 52,000 Calif Ptt log cony deb 5s._....1949 Camaguey Sugar Co— ♦1st 7s ctfs of deposit .......1942 86,000 ..1962 46,000 Canada Sou con gu 5s ser A For footnote*, see page June June Sale 84% Sale 75% Sale 1941 ... 99H June 21 99% 100% June 17 63 49% 1 106 106% 105% June 46 Sale 102 .... Potts Creek Br 1st 4s June 104 103$ Sale Sale .....1959 mooo Brooklyn Union EI 1st 5s 129,000 Brooklyn Union Gas Co 1st g 5s. 1945 1st Hen 8c ref 6s ser A ...1947 9,000 Debentures gold 5s ..........I960 247.000 1st lien 8k ref 5s series B 1957 275,000 46,000 Brown Shoe s f deb 394*—....— 1950 3,000 Brunsw 8c Western 1st gu g 4s...1938 1981 24,000 Buffalo Gen Elec 4%« ser B 6,000 Buff Roch 8t Pitts gen 5s. .......1937 Conaol 4%a ..1957 267,000 1934 13,000 *{♦ Burl Ced Rap 8c Nor 1st 5s ♦Certificates of deposit 5,000 II,000 {♦Bush Terminal Co 1st 4s..... 1952 ♦Consol 5s 1955 46,000 R 8k A Dlv 1st con g 4s...... 1989 3d con gold 4s 1989 Warm Springs Valley 1st g 5s .1941 3 17 105 Sale itp 33,000 Brooklyn City RR 1st 5s ...1941 198,000 Bklyn Edison cons mtge 3%s_.._1966 813.000 Bklyn Manhattan Transit 4%a_.1966 2,000 Bklyn Queans Co 8c Sub gtd 5S..1941 2,000 6,000 1,000 1 June 91 105% 103 105% 104 June 106% Sale 104% 105% 103% 74% June Sale 77% Sale Sale 110% June Sale Sale 87% June 88 Sale Sale 102% June 103 Sale June 101% Sale Sale 104 June 89 88% 92% 91% ♦Certificates of deposit-.... ♦Mobile Dlv 1st c 5s 10 June Sale 104 5s ser AC CaroCUncb 8c Ohio 1st»a June June 30 June 24 Sale 74 Sale JJ 1st 5s stamped 7 7 7 105 Sale May June 10 110% June 11 101% June 25 87% June 30 Sale 5 5 6 8 109% Feb. Jan. 29 Apr. 28 110 June 17 108 Jan. ,9 Jan. 16 Apr. 29 111 Feb. 3 May 28 107 Feb. 24 113% June 8 Mar. 1 113 Jan. 4 118% Mar. 1 118% Mar. 1 108 111% Feb. 9 Apr. 9 Feb. 9 110 May 17 116 99 8 Apr. 7 105% Jan. 8 87% June 30 99% Jan. 90 Apr. 28 99% Jan. 18 102% Mar. 24 106% Jan. 20 46 June 30 60% Jan. 7 42 Jan. 9 Apr. 20 54 74 7 May 4 83% Jan. Jan. 5 99% June 21 102 31 June 17 85% Feb. 2 105% Apr. 1 107% Jan. 12 Jan. Mar. 23 112 9 June 2 Jan. Mar. 22 112 June 10 4 June Jan. 106% Apr. 26 116 June 14 110 44 76% 88 5s series 11 1st g 494* series (106 46 Sale 102% Sale Sale June 11 June 49 Sale 55 1967 M S ..1955 M N ....1961 A O 85,000 34,000 {♦Boston8k NY Air Line 1st gu 4sl955 81,000 ♦{♦Botany Cons Mills sec s f 4%al934 1st mortgage Sale Prices June 28 2 June Sale 61% Bell Telephone Boston 8c Maine 1st Sale Prices Sale 108% June 28 104% 104% June 28 Sale 103% June 29 110 111% 114% 105% of Pa 1st 5s B 1948 First 8k ref 5s series G ........1960 62,000 Belvldere Del cons gtd g !%• 1943 1951 "9", 066 'Berlin City Electric deb 6 His ♦Deb sinking fund 6Hs ....1959 11,000 ♦Debenture 6s .1955 20,000 Berlin Elac Elev 8k Undgrd Rys— ♦let 6%s .1956 11,000 1960 343,000 Bethlehem Steel 4%a series D Cons mtge 3%s series E....... 1966 323,000 1944 1,000 Big Sandy Ry 1st mtge 4s 254,000 113,000 Highest Sale Prices June 15 1 108% 106% June Sale June 9 109% zl04%June 17 105% 104 June 1 Sale 108% June 1 Sale 108% 105% June 29 105% June 17 105% 110% June 1 111% June 16 Sale" 111% 8 112% June 14 113% June 112% Sale 1,000 Battle Greek 8k Sturglsgu 3s....1989 Beech Greek Exten 1st g 3%a._ .1951 64"66O 110% 103% 104% 107% 107% Sale Sale MN Lowest Sale Prices Ask Ask I Bid Ask Sale $ 507,000 Atch Top 4k S F gen 1 (f }W8 38.000 Adjustment 4 4s Jnly I 1945 Stamped 4s..........July I 1995 142,000 3.000 Cony g 4s of 1954 ... 1955 19,000 Conv g 4a of 1995. ...—1955 Cony ft 4s of 1919 19,000 1949 Con* deb Bold 4%a 1948 221,000 8.000 Rocky lit dly 1st 4s A 1945 Trans-Cont Short Line 1st 4s gl958 14,000 Gal-Ariz 1st 9t ref 4Hi A ...1942 24,000 Atl Knox 8t No 1st gSa ......1944 Atl * Char Air Una 1st 4%a A—1444 1st 39-year 5s serB 22,000 .......1944 306,000 Atl Coast L 1st cons 4s July 1952 General unified 4%« series A.. 1944 227,000 L * N collat gold 4s Oct.. 1952 141,000 107,000 10-yr coll tr 5s —May 1 1945 1948 61,000 Atlantic 8k Danville 1st g 4s Second 4s 1948 34,000 26,000 Atl Gulf 8k WI SS Line coll tr 5s.l959 ....1987 10.000 Atlantic ReflnlnO deb 5s 129,000 Auburn Automobile cony deb 4%a '39 13.000 Austin 8k NW 1st g 5s guar......1941 Lowest Highest June 30 June 1 1937 EXCHANGE RANGE SINCE JAN. 1 PRICES IN JUNE Price Sales in 20 Jan. 18 Jan. 19 Jan. 29 Mar. 30 Jan. July, 1937] Sales in N. Y. STOCK June BONDS Value % 82,000 110,000 57,000 139,000 48,000 47,000 1,000 269,000 150,000 5,000 5,000 400,000 ■ I Price n. y. stock exchange , EXCHANGE—BONDS PRICES IN JUNE Bid Chic 0c Alt RR ref g U Chic Barl Ac Q 111 DIt 1H« 1949 1949 1977 114 1971 118** 99 105 37 H Sale 34 ** Sale 1983 102 *4 49 38 {♦Chic MU St PA Pac mtgeBs 110H 111*4 62 $* Sale 123,000 177,000 101,000 911,000 A 29** June 25 34 10 30 31 35 20 27 11** Sale 11 17"" 18 18 June 26 June 29 11 14 June 25 MN - 60"" 52 Sale 65 28h 9** 36** Sale Sale 50 50 60** 59** 22** Sale 7$* Sale 54 30 June 12 June 8 , 21** June 28 6$* June 28 33 42 34 Sale Sale 34 34 Sale 34 49** Sale 48 50** 51** Sale 30** "45" MN 48 56** Sale 33 June 30 June 28 June 30 June 8 IBS June June 1 50 June 18 60 58 June 1 June 8 55** 30 June June June June June MN MN 8 Sale 43 "46" 41 30** 35** 38** "39$* 21 Sale 20 Sale 22 May 3037 J D D 33** Sale 22** 23$* D 34 25** Sale ..1949 MN 35 Sale Sale 17** Sale 17 27 27 Sale 19 40 39 13** Sale 43 June 21 6 44$4 Jan. 46** 26** 25 J* 25** 18 June June June June Jan. Jan. June 66 Mar, 10 57*4 69** 69*4 71 ** 36$* 12** 49** 52** 52** 54** Feb. Jan. Jan. Mar. June June Apr. June June 33 June June 34 8 i June 24 June 18$* June 28 19** June 29 20 June 28 12$* June 29 46* 40 5; 5 5 5 June June 56 Apr. 52 61 June 18$* June 19*4 June 20 8 Jan. 7 Feb. 23 Feb. 20 Jan. 8 Apr. Apr. 34 7 40 5 8 43 45*4 Apr. 37 H June 28 18 39*4 26*4 26** 07*4 11** June IF 7 1 1 7 Jan. Jan. Mar. June 47 50 54 7 9$* 36** 38** 38** June Apr. 16 Mar. 8 Mar. 8 June ife 22 8 Jan. June 4 June IV* 39 25 40** M June 18 June 22 54** June 28 Sale 49 MN May 3037 I May 3037 J stamped ♦1st A ref 4 94* ser G ♦Cony 494* series A.. 51** 54*1 50 60** Jan. 21 101 $4 30** June 29 46$4 30** June 30 45 $4 9 117 May 20 124 8 100** June 102*4 1 36** June 17 51** 3 June 10 — 58$* Jan. MayApr. 8 Apr. Apr. 13 9 Apr. 4 31 IF Sale Prices June 25 4 102$* 103** 103 103$* 103 June 26 110** 111** 111** June 22 47 Sale 55** Sale 47 June 29 70 33** Sale 10** Sale 45 J* 46 16 « June 29 39 June June 30 37$* June June 120** June June 100** June June 17 43$* June 20 MN ♦Stpd gen 494* non-pay Inc taxl987 ♦Gen 0s stpd non pay Inc tax. 1987 ♦General 494s stamped........1987 ♦♦15-year secured 494s 1934 ♦1st A ref g 0s ♦1st A ref 494* O 30** 30*4 118** 100** 36** Sale Sale 69 67 ser A1975 Sale 4 June 4 June 22 June 1 101 ** June 25 ..... Sale 56$* 68 65$* ♦Conv adj 5s Janl 3900 2,456,000 22,000 {♦Chic A No West gen »h> 1**7 ♦General 4s 1987 48,000 ♦Stpd non payt Fed Inc taa.1987 60,000 76~66O 23** 66 June 29 116 Highest Sale Prices June 12 June 15 June 25 June 11 109** June 29 '30"" 106 55$* 111 Lowest 55$* June 110$* June 38 42** 22j| Sale Prices Sale Sale 2,000 ChlcLS A East 1st 4 Hs 1949 50,000 ♦Chic MU A St P gen g 4s ser A..1989 ♦Gen g 3**x series B....May 11989 1,000 ♦Gen 4**a series C 87,000 May 11989 ♦Gen g 4^s series B 14,000 May 11989 ♦Gen 494* series F May 11989 Sale Sale Sale Sale Sale Prices 51 June 12 107 June 30 Sale 22 ** 50 Hiohest 43$* 44 J ♦1st A general 0s series A.. ....1944 MN ♦1st A gen 4s series B 15,000 J May 1944 J 22,000 Chic Indiana A Sou 59-yr 4s ...1904 Ask Sale 112 ill Sale 111 112** 110 Sale lOO1'^---- Sale 34,000 | Lowest 53 Sale Sale 36** Sale 117** 120** 122** 1937 4s...1909 Sale 107** 110** 111** 110$* 116** 101** 37** 112$4 Sale 115}| Sale June 30 | Ask Bid Bid 55 Sale 109 ** ♦{♦Chic Ac B 111 1st cons g 4s 1934 {♦Chic Ac K 111 Ry (new co) g 0s ..1901 ♦Certlf cstes of deposit....... Chic A Brie 1st gold 0s Chic Gas 1 A G 1st gu g 0S !«Chlc Gt Western 1st 59-yr Ask ' 57 Illinois Division 4s 1949 Gonsrnl 4s .............1908 1st Ac ref 4Ms sorlos B 1st Ac ref 5s series A...... June 1 1037 41 55~000 RANGE SINCE JAN. 1 Jan. 2 19,000 $*Chic Indlanap A Louixv rf g 4s 1947 ♦Refunding gold 5s ser B ..1947 "4",5O6 ♦Refunding 4s series G. .......1947 J i,92i"666 23 22 25 Jan. Mar. Jan. Jan. Feb. Jan. Jan. Feb. 23 8 8 11 11 15 11 11 18 11 18 Jan. Feb. 38 26 28 22 36** Feb. 19 36** Feb. 19 24** Mar. 3 June 12$* June ♦{♦Chicago Rys 1st 0s stamped Aug 1 1933 25% part paid 5,000 257,000 {♦Chic R I A Pacific gen g 4s 1937 F A 1988 J J ♦Certificates of deposit...... 197",000 ♦♦Refunding gold 4s 82 811 413 Sale 38 .....1934 AO ♦Certificates of deposit... 74,000 ♦♦Sec. gold 494s series A......1903 163,000 ♦Certificates of deposit...... 67,000 ♦Convertible gold 494S........1940 545,000 1951 23,000 Chic S L A N O gold 5s Gold 394s June 101901 Memphis DIv 1st 4s ...1901 76,000 Chic T H A S'east lot A ref 5s 194f Income guar 5s Dec 1 194G 47,000 MS MN J D 20$* Sale 18$* Sale Sale 20. Sale 18* Sale 10$ 113** 94$* J D J D J D 98$* Sale II 0 87 97 98 Sale 67** 76 34 Sale 33** 20** 47 Sale 17 Sale 19** Sale 17 18 63** 32 76 Sale 64 June 26 66 June 15 June 31** June 29 36 June 9 June 16$* Sale 17 14** 17$* June June 20 18 June June June June June 5 Feb. 18 Mar. 3** Jan. 8 May Sale 15 16** June~29 14** June 28 15** June 29 Sale 17 15 Sale 9$* 11** Sale 9** 109** 109 109** 109 86** 86** 94$* 91** 94** 91** 88 Sale 88 91** Sale 77 Sale 78 Sale 75** June 29 21 June June 12 June June 26 June 10 109** June 10 91 June 30 June 29 Jan, 26 Jan. 16 Jan. 16 Mar. 6 Mar. 6 Mar. 6 Mar. 6 3** 3** 2** 5*4 2** 5** 2** 47 88 91$* June 78** June Mar .23 June 30 75** June 29 98H JanT"iI 99$* Feb. 16 91 Feb. 16 Chicago Union Station- 25,000 42,000 189,000 158,000 218,000 231,000 30,000 3,000 123,000 Guaranteed 4s ........ .1944 J 1st mtge 4s series D......... 105$* 112** 113 110** Sale ... .1963 J 1st mtge .1963 J 394s series B....... 3^8 guaranteed ......... .1951 M 109 Chic A West Ind Consot 54-yr 4 1st & ref mtge 494 s ser D .1953 J Sale .1962 M Sale Childs Co deb 5s .1943 A {♦Choc Okl A Gulf consol 8s.. Cine Gas A Elec 1st mtge 394*- .1952 M N Cln Leb A N 1st Sale .1966 F A gu g 4s.... .1943 MN Cincinnati Union Terminal— 32,000 99,000 con 1st mtge g 5s series G guar... .1957 M N 1st mtge guar 394s series D... .1971 M N Clearfield A Mahon 1st gtd g 0s. .1943 J J 38 104$* 104** Sale 106 106$* 108$* 112$* 109** 106** 107** 107** 103$* 104** 105** 104 103 ** Sale 102** Sale 101** 83 ..... 106 Sale Sale Sale 107 June 104 June Sale 103** June 106 $4 June 15 104 Apr. June 110 8 104** Apr. 9 103 Mar. 108** June 105** June 11 101** Apr. 104$* June 25 100$* Apr. Sale 101 103 87** Sale Sale 35 Sale 130 35 99** Sale 100 Sale 104 June June 9 June 1 108 108** 104 108 108** 108** 107; 104! 104) 100) Sale 108** 107 Sale 105$* Sale 104** Sale 100** Sale 110 June 108$* June 60,000 C G G A St L gen g 4s .1993 1 D General 0s series B 105** 104$* .1993 I D 119 118 105** 103$* Sale 97** Sale 105** 106$* IF June IP June June 1 100 n June 99** June 7 2,000 16,000 6,000 f Ref A imp 4s series G If Ref A Imp 0s series D..._ RefAlmpt 494s series B .1943 J J .1977 J J Cairo Div 1st gold 4s .1939 J J .1941 I J 1991 J J Gin W A M DIv 1st g 4s St Louis Dlv 1st coll trust g 4s 1999 MN 1949 M 8 Spring A Col Dlv 1st g 4s 102 103 1949 J 24,000 W W Vel Dlv 1st g 4s J 1950 M N 5,000 Cleve-Cltffs Iron 1st mtge 494* .1965 J 80,000 Cleve Elec Ilium 1st M 394s J 2,000 Clev A Pitts gen gu 494s ser B. .1942 A O 103 Series B gu 394s 17,000 3,000 14,000 63,000 283,000 464,000 1,000 175,000 230,000 126,000 "i~66o 34,000 61,000 228,000 319,000 98** 111** Sale 113 .1948 MN Series G gu 394s.. Series D gu 394s............ .1950 F A General 494* series A......... .1977 Gen A ref. mt0e494s series B_ .1981 Clev Short Line 1st gu 494*-..- .1941 Clev Union Term 1st gu 594s A. .1972 1973 1st s f g 0s series B guar... .1977 1st * f 494s series G HO** ... ... 113 June 22 108 June 2 June 15 June 1 106 110 .... 110 105 112 106 90 Debenture 5s_......... Jan 10 1941 Col A Hock Valley 1st ext g 4s... 1948 A O Col A Tol 1st ext 4s Ws F 106 J* Sale 1951 J .....N51 I 3$4« A.....1961 F Consol Edison (N Y) deb 3M*-..1946 A 3**s debentures..... 1956 A 112 8 106 June 30 106 June 30 111** 108** 105*4 100** June 3 112 June 30 112$4 June 29 107 $4 June 29 102 $4 June Sale 101 97** Sale 111 104$* June 76** June 56** June June 98 June 96** June 111*4 June Sale 112** ----- 112 June 104 $4 June 105** Sale 96 June 97 Sale 101** 102** 100** 101*4 100** June 104 103$* 105 106$* 108 al06$4 June 7 106 June 25 106 106** 101 ** June 29 104** 105 102** Sale 104 J* Sale 104$* Sale 103** June 23 103** Sale 103** Sale 102** June 29 99 Sale Sale Sale 36 ::::: 65** 109 107$* 108** 66 - Sale Sale 104** Sale" D 102 102$* A 100 102 102** Sale 106** 106 Sale , 107 106 5 113 Jan. 27 2 109 June 8 May 11 111** Jan. 13 June 30 106** May 3 June 10 Mar. Jan. 18 June 11 June 21 June 11 June Jan. Jan. 13 4 r2 Mar. Jan. Apr. Jan. May Mar. June June Feb. 62** June 101** June 101 Jupe 99 $4 Jttne 111*4 June June Jan. 11 June Jan. June Feb. 30 1 June Jan. 25 Mar. Jan. 28 Jan. 115 108 $4 Jan. 13 105** Jutae 80 105** 106 112 June 1 Ill** Feb. 106** June 1 102 99 June 1 94 103 June 7 09*4 Mar. June 5 105** June 9 104** 105** 104$4 100** 102*4 104*4 June 5 101 ...— al06$4 June 7 107*4 June 15 105 25 20** 31 106 $4 June 29 108** June 105$* 110 106$* Sale Sale 100** Sale 101 100** June 15 101** June 36 34 ** June 32 40 June 34** Sale 1 31 37 35 June 22 40 31 40 June 31 u.L.. 31 June 24 31 "38k" 35 32** 36 40 June Sale 65 June 68** Sale 63** June 11 69 21 34** s f deb 3**« .......1951 F A s f 4s ...1950 MN Crown Willamette Pap 1st ■ f g 4s 1951 I J June 105 105$* Sale 34*1 3** 8 197C MN 1st mtge 3*4» -.1966 MN Container Corp of Am 1st sf g 4s. 1946 J D For footnotes, see page 30. Sale 99$* 110** 36 1st mtge Crane Co 2 109 Mar. 105 Sale 106** Sale F Feb 1 Feb. 25 111** Jan. 2 110*4 June 23 110** Feb. June 108 Sale 112 May 10 Apr. 2 105$4 Mar. 22 110*4 June 23 109 97 106** Sale 1st lien A unif mtge 3J4«———1965 M N 1st lien A unlf mtge 3H* ...1965 MN Crown Cork A Seal Sale 106 107** 109 104** 105 78 62 June 23 103 104 Sale 19$* ...1943 J Jan. 108 102$* Consumers Power Co— f g 5s.. 1954 Jan. 103 9 16 15 8 15 18 103 100 AAO 1955 s 106$ 13 104 $4 Jan. 107 101 75** 106$ ...........1956 s f 5s.......1960 Deb gold 5s with warr June Apr. Apr. June 25 99*4 June 12 101 Sale 107 68,000 {♦Consolidated Ry deb 4s... 1954 ♦Debenture 4s JAJ 1955 6,000 Copenhagen Telep extl 105 $4 Apr. 98$ Jan. June 23 104** 104** Sale 104$* 109$* 107$* 108** Consol Hydro-Elec Works of Upper ♦Wuerttemberg 1st 7s... 1956 143,000 Consol Gas Co deb 4J*» 1951 974,000 Consolidated Oil conv deb 3 Ha. .1951 113,000 52,000 262,000 43,000 56,000 106,000 13,000 98,000 18,000 53,000 Feb. June 107** June 17 107** June 17 107** June 2 108** June 23 110*4 June 23 110*4 June 23 104 1951 A O ♦Debenture 4s.. 105$* Jan. 103 108** Sale 109$* 103** 74. 104$ i965 MN Commercial Credit deb 334* ♦Debenture 4a_. 8M00 41,000 ♦Consolidation Coal 95 Apr. 20 June 11 4 16 r Commercial Invest Tr deb 3***—1951 J Conn A Passum Rivs 1st g 4s 1943 A Conn Ry A Lt 1st g 4H* 3 Jan. 118 103 76** Sale 56$* Sale 97 $* Sale A Columbus Ry Pow A Lt 4« Stamped guar 4Vfs Conn River Power s f June 98** June 14 Mar. 19 107$| 107** 108** Sale 109** 104$ 1980 M N 1952 MN 1952 A O 93 104** Apr. Apr. 103 Sale 110** 112** 111 111$* Sale 108$* Sale Sale 106 105*4 Sale 101** Sale 100** Sale 112 .1943 98** 109** Apr. 28 7 110** Jan. 101 $* 107 101 101 115** .1970 Sale .... 0 Mar. 4 101** June 28 June 118 95 40 104 11 Mar. 4 Jan. 5 Mar. 104** June 100 109** 109*1 104** 110$* 107 109** 107 104 108$* 104** 109$* 105** .1945 Colo Fuel A Iron Go gen s f 5s. ♦Ss Income mtge Colorado A Southern 494s ser A. Columbia Gas A Elec deb 5s.. Debenture 0s Apr 10 99** 9 11 104** Apr. 30 108** Feb. 107 102** 103$* 103 % June 8 153% June""I Sale June 21 105'»32June 104**105"32 105 2 Sale 91 Sale 90** June 29 94$4 June 1| 104$* 103** 104$* 103** June 29 103** June 29, Sale 108** Jan. 108*4 Jan. 103 105** 107$* 104$* Coal Rlv Ry 1st gu 4s 23,000 33,000 62,000 283,000 25,000 305,000 1,000 94 105$* .1942 A O ...... Series A gu 494s............. .1942 J J 103 102 103 8 7 13 5 105 $4 Jan. Jan. 94 99** Mar. 80** June 35 May 97** Apr. Sale 13,000 76,000 388,000 107" 106 $4 May Jan. 113 111$4 Jan. 105$* Sale 104** 106$* 104** June 103 Sale 100*4 June 101** Sale 100 June 102** Sale 101** Sale 100 Sale 99 100** 99$* June 103 $4 June 104** Sa'g 103$* Sale 101 101 June 101** 101** Sale 100 102 102 101 100** June 99** Sale 98** June 100** Sale 105** 106 106** 106** 105 $4 June Sale June 14 104 104** Sale 105 5 7 2 2 2 3 106 June 8 104 June 4 103*4 100** 104 $4 101$4 June 7 3 102 101 June 106 Mar. 2 100** Jan. 18 105** Jan. ►NT Jan. 3< 106 112** Feb 107 $4 Jan. 11 108** Jan. 11 106 $4 Jan. h 2 5 107$* Jan. Apr. Mar. Apr. Mar. Apr. Mar. Mar. . 18$4 Mar. 17 105$* Apr. 2 M^y 22 100*1 15 Jan. 2 34*4 May 8 34 May 6 5 35** J an. 34 May 26 63** Jan. 26 Feb. 24 June June Mar. Feb. 5 8 17 Mar. 15 Mar. 20 103** Apr. 09** Mar. 98** Apr. 96 $4 Apr. 110** 107** 108*4 103$* June 24 102 June 101 Jan. 0 7 103*4 Jan. 102 Mar.. 9 June 9 June 22 9 June 29 105** June 3 Mar. Apr. 99$4 Feb. 97 Apr. 104 Apr. 103** Apr. Jan. Jan. Jan. Jan. 18 4 r2 29 105 103 Jan. r9 107 106 Jan. Jan. 21 5 June STOCK Value Jan. 2 1937 EXCHANGE lid extended Detroit Edlaon— Gen Ac ref 4%e aerlea D 1961 R—........ 1952 Gen Ac ref mtfte 4a aerlea F 1965 Gen Ac ref mtfte 32*8 series G..1966 ♦Detroit Ac Mack 1st lien ft 4a....1995 Gen Ac ref 5a aerlea Sale Sale ♦Second ftold 4a..............1995 ♦2nd 4s assented........... 1995 102 157% 1937 5s. 1937 Light 1st M 32*8—1965 243,000 Duquesne 18% A 31?? O 62* M F A 116% 117 109 2* A O 110% 1112* 108% Sale O A M S D 60 JD 35 J 230",000 con J 105 1062* J 1st consol ften 152,000 12,000 25,000 107 138 114 104 1042* 155 106% Sale ...1996 .............1953 o 91 4s Series D conv Genesee Rlv RR 1st a f 6a. J 1957 J MN 5s International series ..1942 M 103 62 H 162" 1021 a 4,000 J J 5,000 A J P General Cable lat 8 f ft 5 %■ A 1947 J ♦General Elec (Germany) 7o 1945 J ♦Debenture 6H«—1940 J Ac Hend 5Ha A.......1938 Gaa At Elec (Berften Co) 5a......1949 Gen Amer Investors deb 5a aer A.1952 51,000 6,000 10,000 12,000 ♦S f deb ft 6s 1948 96,000 143,000 25,000 143,000 173,000 2.023,000 773,000 486,000 65.066 Gouv 8c Osweftatchle 1st 6s Gr R At I ex lat ftu ft 4 Ha 1942 J f 1941 Grays Point Teem lat ftu ft 5a ...1947 J Gt Cons El Pow (Japan) 7s......1944 F J lat Ac ften a f ft 6 H> Great Northern Ry— 1950 A A J J 42* 4>* 103 Sale Sale Sale 1042* 105 1052* Sale 1022* 962* Sale 45 D J D ir» 522* 312* 1052* Sale 1012* Sale 1042* Sale 1032* Sale 1032* 111 99 4 161% 42* 5 32* 117 J "94" 29 Val lat con ft 4Ha........1999 J J 124 1944 A O 84 58,000 ♦Hoe (R) At Co lat mtfte {♦Housatonlc RR con ft 5a......1937 MN tiouat Ac Tex C lat ft 5a lnt ftu 1937 J Houa Belt At Ter lat 5a.........1937 J J J 772* 1022* 1012* 1252* Sale 80 106 % Jan. 92% Jan. 76 I662* June 29 82 2* June 82 June 8 4 June 832* June 832* June 832* June 111 105 June 29 68 June 29 June June June June June June June Mar. 70 June 1022* June 1032* June 982* June 1012* June June 1032* 101 962* June 962* 72* 89 2 June 4 June 3 May 105 15 June June 22 June 87 Jan. 1 June 4 W* 20 Mar. June 12% June 12% June 2 4 June 2 June 14 June 252* 37 302* June 28 30 26 30 25 Sale Sale 94 Sale 1322* Sale 110 Sale Sale 72 Sale ----- 1002* Sale 99 912* 912* 94 Sale ----- Sale 1012* Sale Sale 39 June 14 282* June 23 Sale 104 Sale 103 97 Sale 1032* 94 892* ~97% 94 1132* Sale 1172* Sale 110 1112* 1042* Sale 103 Sale 96 June 98 June 8 1 109 June 17 "June"l5 June 5 872* June 10 90 1122* 1172* 1132* June 109 June 1182* 1122* 106% 105% 1362* 111% 952* 1042* June 103 June June 29 June 17 Jan. 20 108% Jan. 25 Jan. 12 Jan. 1212* Jan. 29 1002* Apr. 28 103% Apr. 16 30 Apr. 24 122 102 106 Jan. 40 40 40 Jan. Jan. 12 27 11 7 2 2 2 Jan. 8 Jan. 2 30 Apr. 23 292* Mar. 16 30% June 28 Apr. 17 23 Jan. Jan. Jan. 52 Jan. 8 Jan. Jan. 7 20 Jan. 11 302* Mar. 103 June 28 106 842* Feb. 13 110 2 114% Mar. 1 108 June 15 June 7 June 8 11 1 1002 1002 117 106 922* Apr. 10 106 28 9 7 11 1 Apr. 28 Mar. 8 15 13v 27 98 2* "Apr"." "5 952* May 14 1162* Jan. 1192* Feb. 115% Jan. 109% Jan. 108% Jan. 141 % May 1112* Feb. 952* June Apr. 9 11 June 952* June 16 1072* Jan. 1032* Jan. 13 1032* Jan. Jan. 108% May 20 111 15 Jan. 4 1062* Mar. 1 1062* Jan. 952* June 30 103% Feb. 100% June 8 11 18 8 4 20 4 11 28 1 18 9 922* May 28 90 Jan. 13 99% Jan. 12 932* June 2 992* Apr. 3 1052* Jan. 15 4 102% Apr. 30 105% Apr. 105% Apr. 10 108 25 May 14 272* 1142* Mar. 23 1262* 972* 84 Jan. 2 792* Apr. 26 86% 102% 99% June 23 100 June 16 101% Feb. 9 May Jan. Feb. Jan. Jan. Jan. 24 8 15 27 11 4 For footnote* aee page 30. 2 Mar. 100 June 1062* 1062* June 25 106% June 25 1062* 106 24 232* June 9 1182* June 22 120 1162* 119 1182* Sale 7 892* 882* 892* 882* June 26 90% June 702* 81 732* 7 1002* 99%.__,_ 99% June 23 100%. June 9 June 16 1002* June 1002* 1002* 99%.... 100 ----- 5 June 14 92 June 1172* June 1222* Sale June 1072* June 1082* Sale June June 93 942* Sale 60 682* 12 June 102* 112* 102* June 29 1052* 1 103% June 1022* 1032* 1002* June June 952* June 30 100 952* Sale 912* 912* 96% June 93 2* June Sale 2 100 1 1022* June 1012* 1012* June 1022* 103% 1032* June 25 104% June 6% Mar. 17 June 19 "98"" June"! ~90"~ JanT~27 June 13 9% Jan. Mar. 30 1032* June 30 107 4 97% Apr. 2 101% Jan. June 28 106 952* June 16 92 h 60 12 2 2 June 2 May 24 Jan. 20 Mar. 16 98% Apr. 2 9 982* Apr. 9 1053 9 1033 11 1012* Mar. 29 973 81 % May 25 22 32% June 15 44J 4 1032* June 30 1052* June June 992* June 28 101 1022* 1042* 1022* 1042* 1082* 1092* 1082* 1092* 1082* 1042* June Apr. 7 5 5 Mar. 105 June June June 22 June 3 June 30 June 29 102% June 32* 3% 107% 1072* 9 922* June 17 1012* 1052* 322* 322* 32% June 1042* June 45 97 7 117 101 13 23 Feb. 23 Feb. 27 Feb. June 9 92 11 Feb. Mar. 30 962* Mar. 27 8 812* Apr. Jan. June 15 2 Jan. 64 232* 1052* 1002* Sale 1042* Sale 105 1032* 1022* 1032* 1042* 42* Sale 9 '802* "Mar .""2 Apr. Apr. 172* 922* Sale Jan. 782* 782* 602* June 92* June 92* June 32* June 32* 1 16 Jan. 90 June June ; 14 5 18 1182* June 114% Jan. Feb. 1 1662* r 70 102* Sale 92* 1 102* Mar. Mar. Jan. 90 Mar. 29 14 5 16 94% Jan. 22 942* Jan. 22 932* Jan. 15 Jan. 16 89 Jan. 16 89 Jan. 8 119 Jan. 792* 782* 1172* June 2 1182* 1172* June 29 1182* 68 20 19 5 28 1132* Jan. May May 712* June 21 Sale 1012* June 29 102 June 1 June 25 1022* June 10 1022* 102 106 1072* 110 J 107 Apr. 982* June 30 35 1032* J 4a Feb. 1012* Sale Sale 3 1012* June 1012* Sale 1002* June 1002* Sale June 17 102% June 1022* 102 101 1022* 101 82 June 2 852* June 842* Sale 822* Sale 322* June 15 332* June 37 33 432* 252* Sale 105 1052* 1042* Sale 1952 J ♦Harpen Mining 6a Hock 1042* Sale 992* 1002* ——....1949 J 5,000 Hackensack Water lat Apr. 13 106 June 1052* June 30 1052* June 102 2* 932* 882* 992* 106 Mar. 101 1192* Sale 1082* Sale O Feb. June 322* Sale Gen mtfte 4s series G_—.......1946 J Gen mtfte 4s aeries H ......1946 J J Gen mtfte 3%s series I.. 1967 A 1950 1952 J 112 June 332* 104 O June June 22 105 32 Sale 1950 1722* Jan. 7 109 May May 322* June 322* June 1092* A 3 1032* June 39 Sale 5 2 722* Jan. Jan. 31 108 1940 Apr. 1162* Jan. 1072* Jan. 1392* Jan. 33 1122* 113 1172* Sale 1122* Sale 1042* Sale Sale 101 111 30 Sale Sale 115 — 118% Jan. June May Apr. Apr. Apr. Apr. Apr. 32 91 "622* "75" May 21 18 June 26 102% Jan. 21 55 Apr. Apr. Jan. June 14 110 105 65 , May 21 May 25 Feb. 4 110 37 95 65 45 Mar. 31 93 60 June 37 812* 12 1092* Jan. 1 June June 29 1052* June- 29 87 1082* Mar. Jan. 7 54 June 26 1082* June Sale 1002* 1012* 101 1042* 105 1052* Sale J Feb 111 4 8 7 5 1162* Jan. 110% Jan. Apr. ----- 95 A Feb June Apr. June 26 101 1042* 7 1082* June 1102* 1082* 1102* 1082* June 70 June 67 June 19 652* 71 732* 92 95 Mar. 1 572* Apr. 20 12 52* June 28 502* June 3 June 11 June 1 115 June 24 1072* June 1 June 25 1092* June 4 June 8 June 19 104 1022* June 70 102* 98 MN 108 81 Sale 72* 1162* 1162* 1142* 1092* ♦Green Bay & Weat deb ctfa A.., ♦Income debenture ctfa B—., 3 Apr. 982* Sale 762* Sale 802* Sale 116 98 O 4 104 "722* 108 J J A O 52,000 Gulf States St'l 1st mtfte 4Hi——1961 A O 86,000 Gulf States Utilities 4s series C..1966 10-year debenture 42*s_—1946 A O 63,000 5,000 92* 40 Stamped 10",000 Sale 40 June Mar. 78"" 602* Sale 40 7 502* June 5 16 9 25 5 3 18 16 8 18 19 18 Mar. 110 1052* Sale "782* lat At refund 4 Ha Ser A ......1961 J J Gen mtfte 5Ha Ser B__ .....1952 Gen mtfte 5s Ser C...........1973 J Gen 4Hs Series D 1974 J Gen 4Ha aeries E .........1977 J Greenbrier Ry lat ftu ft 4s 54,666 Gulf Mob At Nor 1st 5%a tea B 1st mtfte ftold 5s series C 108,000 Gulf Ac Ship Island ref 5a...Feb 18",000 Sale 1052* Sale J D 105 1022* Sale 102 1012* 1012* 103~~ 1032* 1042* 103 57 99 962* 912* 1042* 102 A J J D 179,000 Goodrich (B F) Co conv deb 6s..1945 J D 1st mtfte 42*8 1956 347,000 M N 363,000 Goodyear Tire A Rubber 1st 5a..1957 Gotham Silk Hosiery deb 5s w w.1946 M 8 34,000 21,000 82 102 1 Jan. Sale 1072* 1102* 83 2* Sale M N 10-year debenture 3s..........1946 F 291,000 15-year debenture 32*8——1951 ~ 256,000 7,000 General Public Service deb 5Ha.l939 47,000 Gen Steel Castings 1st 5Hs w w..1949 5,000 t*Gs Ac Ala lat cons 5s....Oct. 1945 ♦{♦Georgia Carolina At Northern— Extended at 6% to July II1934 11,000 10,000 ♦Good Hope Steel At Iron see 7a. 1945 ie'.ooo 1022* 103 2* O D 1222* 32% Jan. 102 70 107 General Motors Acceptance Corp— 14,666 "642* 97 1132* 1062* 1082* 1022* 882* Sale 71 792* Sale 702* Sale 782* Sale 118 1172* 1172* Ii9" 1172* 1082* 1082* 101 32* 32* ♦Certificates of deposit 94i66o Sale cons Fort St U D Co 1st ft 4Ha. 1941 /~~j J J 7,000 Framerlc Ind Ac Dev 20-vr 7He._1942 1956 MN 19,000 Francisco Sugar coll trust 6s 5,000 Galv Hous Sale" 7% MN 2-4s 1982 MN Proof of claim filed by owner.. ♦♦(Amended) 1st 85% 82% 182* 18 % June 1 1142* June 23 June 26 1012* June 24 1012* June 8 82 1012* 102 % 1943 1.000 JaFIa Cent Ac Peninsular 5s 195? I D 8,000 {♦Fia East Coast lat 4%s ♦lat Ac ref 5s ser A 197P M S 583,000 ♦Certificates of deposit........ 83,000 ♦{♦Fonda Johns At Glov ref 4%s_1952 Proof of claim filed by owner.. 912* 76 76 2* June 52* June 28 502* June 3 101 1092* Sale 1102* 112 1032* 84 S First lien lat lien 1052* Sale 1052* 992* Sale 822* Sale 1042* 104% 102 % 8 a f 5s stamped...... 1942 M f 6s stamped........1942 M 8 J D 30-year deb 6s series B 1954 6,000 J Flat deb a f 7a ......1946 J l"0",066 64,000 26 148"" Sale SIS 1947 3d mtfte 4%a .....1938 M 8 F A 17,000 ftrnesto Breda Co lat mtfte 7a....1954 1956 J D 115,000 Fairbanks Morse deb 4s 1942 M 6 13,000 Federal Lt Ac Tr lat a f 5a N Y Ac Erie RR ext 1st 4a June June 36 462* 45 1042* Sale 104 110 95 n* Ref Ac lmpt ftold 5a aer 383,000 22,000 9,000 Sale SI4 1953 o 1953 1927 ...1967 M N Ref Ac Imp 5s ser 1930 .1975 A O J Erie 8c Jersey 1st a f 6s.......1955 J Gen Feb. June 22% Feb. 105 912* Sale o 23 "59" 1072* 1082* 1072* 109 101 107 J Sale 1092* Sale 1102* 112 1022* 105 J lien 4a Sale 170 110% 108 Hi J June 113 June 26 1132* June 1132* 114 1122* 114 1042* 1062* 1042* 1062* 1042* June 16 1042* June 131 133 1312* 135 115 J Conv ft 4s Ser A Series B 383",600 2£ 107% Mar. June 1132* 1112* June 105 1162* Sale 38 1621 1621 Feb. 61 48 532* May May 48 60 1012* 1012* 1032* 672* 75 110 Sale Feb. 5 85 70 58 — I6§"" J B.1940,J Sale 1082* 1032* Sale D J 1940 3%e set Series C 3 Ha Sale Sale i.Ul>4 A O 3 June 72* 562* 115 107 1082* June 1082* June 36% Jan. June June 312* 52* Mar. 106% Feb. June 18 June Sale 85 50 June 16 32 Sale 46 104 Mar. Apr. June 10521 10821 10821 June Feb. Jan. 7 102 h June June 952* Jan. 106 Mar. June June 1112* Sale Ac prior Hen 4s_.1996 Erie Ac Plttsb ften ftu ft Erie RR 1st 59 i8?H Jan. 108 Apr. June 50 1162* 1965 5s stamped 58 35 N — M N Sale Sale Sale Sale 1032* 105^ 142* Sale 192* Sale 7 57 1132* 1072* 1082* 1032* 12 23 June 60 Mar. June 23 1042* June 882* June 29 912* June 32 s* Sale 52* 502* 1 Jan. 642* Jan. 65 June 26 462* June 29 56 June 26 45 1 7 June 60 262* June 27 Sale 2ll 70 65 45 50 ...1965 A O El Paso Ac S W lat Ac ref 5s 18SS 18?* 272* Sale 16 152* 62* 662* 46 S 4%s————1946 J D Conv deb 1,000 5,000 1052* 107 1052* 107 104 102 1022* 1042* 1072* Sale Sale Sale June 26 103 Sale 36% 18 H Eastern Ry M No Dlv 1st ft 4a 1948 A O 16,000 Eastern Tenn Va Ac Ga 1st ft 5s ..1956 MN 1939 J J 9,000 Ed El 111 Bkn 1st con ft 4a Ed El 111 N Y lat cona ft 5s 1995 J J 348"; 000 Electric Auto Lite conv deb 4s...1952 F A Efftin Jol Ac East 1st ft 5s 1941 M N 24"666 El Paso Nat Gas 42*8 series A....1951 J D ~3",666 Sale 89 28 Highest Sale Prices 54 104 108 492* June 50 2* June 462* June 29 56 June 26 Sale Sale" 18,000 Detroit Term Ac Tunnel 1st ftu 42*e '61 J 8,000 Dow Chemical deb 3s—........1951 3,000 Dul Ac Iron Ranfte 1st 5a 13,000 {♦♦Dul So Shore Ac Atlantic ft '45 1032* Sale 91 Sale Prices 48 Sale 562* Sale Lowest Sale Prices Highest ( Sale Prices . Sale 662* assented............1995 ♦1st 4s n* Sale to----.--------—-1946 88,000 Dayton Pr 8c Lt lat Ac ref 32<«—1960 1943 572,000 Del Ac Hud lat Ac ref 4a—. Delaware Pr Ac Lt lat M 4%*—....1971 lat Ac ref 42**—1909 "4", 606 lat mtfte ftold 4%*——-1969 2,000 : 13,000 Denver Gaa Ac El lat Ac ref 5a—..1951 Stamped aa to Pa tax 11,000 504,000 ♦♦Den Ac Rio Gr lat cona ft 4a. ....1934 ♦♦Conaol ftold 4 %a 1934 97,000 95,000 {♦Denv Ac R Gr Weat ften 5a Auftl955 ♦Aaaented (aubject to plan).— 198,000 ♦Ref Ac Imp mtfte 5a aer B ..1978 223,000 {♦Dee Molnea Ac Ft D lat ftu ft 4a..1935 Certificetea of depoalt. 10,000 3,000 {♦Dee Plainer Val lat ftuar 4fee ..1947 82,000 37,000 76,000 43,000 Sale 50 60 612* Sale Ask Ask Bid Bid Lowest June 30 June 1 Ask Sale 62 79,000 Cuba Northern Rys lat S%« 1952 43,000 ♦Cuba RR lat M-yr ft 5a 7%s extended to....-———-1946 35,000 6s RANGE SINCE JAN. 1 PRICES IN JUNE Price BONDS Sales in | EXCHANGE—BONDS N. Y. STOCK 24 / ' JULY, 1937] Sales in $ 68,000 292.000 17,000 145,000 380,000 149,000 5,000 61,000 80,000 7,000 132,000 73.000 260,000 "~4~, 000 16,000 ~i~666 7,000 Hudson & Manbat 1st Ac ref Ss A.19S7 F ♦ 4dft»ar in coma Ss Feb W' A 194« .1951 1951 B53 Omaha Dh 1st a 3s ......1951 St Lou Dlv Ac Term a 3s 1951 Gold 3%a 1951 Sprinaf Dlv 1st a *%• ...1951 Western Lines 1st tf 4s........1951 F Sale Sale 68 Sale 26% Sale 105% Sale 110% 112 120% 63% 21% 105% 110% 107% "93" Sale Sale Sale 104 % Sale A Joint 1st 5c ref 5s 101 Sale 40 93 r 85% 81% 80% 98% 73% 103% 91% Sale Sale 101 % June 23 102% June 40 June 30 48 June 120 June 1 120% June 30 63% June 29 69% June 11 21% June 30 26% June Sale 83 Sale Sale 104% June 28 106% June 111 111 93 85 81% 82% Sale 82% "74% Sale 99 96% Sale 94% Sale Prices 103% Jan. 7 57% Jan. 11 June 18 111 8 June 18 116% 63% 21% 101% Mar. 30 124 June 29 85% June 30 36% Mar. 23 110 110 Feb. 24 111 May Apr. Mar. June June May June Apr. June 3 107% Jan. 27 .107% Jan. Mar. 12 93 Jan. 29 95 Jan. 30 96 28 90% Jan. Jan. 29 90 2 104% Jan. Jan. 28 80 102 89 •85% H ighest Sale Prices 101 Apr. 1 40 June 30 102 Sale 68 Sale 97 Sale 106% 105 106% 93% 93% 94 99% 96% 96% 83% 83% 91% 91% 96% 95% 96% 83% June 29 81% June 30 87 87 82 82% June 15 June 11 June 8 June 15 74% June 29 81 96% June 28 66% June 28 99% June 15 73% June 2 June 10 "98% 92% 83% 81% 81% 74% 96% 66% 107 93% June 7 96% June 28 88 June 16 95% June 22 98% 21 6 4 10 15 13 21 13 8 2 June 16 92% Jan. 94% Apr. 13 98% Jan. 100% Mar. 10 100% Feb. 94 . Apr. 23 101% Jan. 25 20 25 20 27 109 May 25 98 95 June 16 Jan. 85 88 3 Jan. 28 June 22 95% June Jan. 23 Jan. 4 June 18 May 17 102% Jan. Mar. 18 89% Jan. June" 88 13 12 97 7 Jan. Jan. Feb. 93% 97 82% Sale 89 % Sale 84% Sale 107% 108 106% 107"" Sale" 1940 103 41 106 105 108 95 93 % A O M~S 49 44% 94% 89% 105% Sale Sale 95 Sale 46% 96% 92 deb 4s—...1947 AO 74% Sale 69% Sale 106% 107 Sale 78 Sale 101 .1940 1950 t+Indianapo! Sc Loulsv 1st 4u 4sl95fc Indianapolis Union Ry— 5,000 fGen & ref guar 0a ser B. ....I960 Ref & Impt mtge 3%« ser B....1986 11,000 167,000 Inland Steel 3%a series D.......1961 876,000 tlnterboro R T 1st 5k ref 5s 1966 93,000 ♦Certificates of deposit......... 176,000 ♦♦10-year 6% notes .1932 43,000 ♦Certificates of deposit........ 360,000 •♦10-year 7% notes L.—...1932 111,000 ♦Certificates of deposit cony Sale Prices 93 9 19 .-•>? Ind 111 ft la 1st gold 4s..... Interlake Iron 102 97 1963 Ind Bloomlngton ft W 1st 4s Sale Prices 101 101 89 85 95 1963 ser Lowest Highest 101 110 - A. 344,000 48 120 Cairo Bridge aold 4s..... Litchfield Dlv 1st a 3s.. Loulav DIt ft Tor a 3Hi < ♦4H« series C 54,000 Illinois Steel deben 4H*.. 16",000 102 101 O Lowest Ask Sale Sale A 1970 A O j 190) J 1st gold 3 He 1951 J J A 0 Extended 1st a 3He 1951 1st aold 3s srerlina 1951 M 8 Collateral trust aold 4s.. 1952 A O Refundina 4s .....1950 MN Purchased lines 1st 3%a 1952 J J Coll ti a 4s 1953 MN Refundina 5s................1951 MN Illinois Bell Telep 3%« •«' B Illinois Central 1st a 4s. 40-year 4%a Ask Bid Bid 124 Sale 1949 MN County Gas 1st 5s June 30 103 % Sale Houston Oil sink fund S^( A...1940 MN Hudson Coal 1st s f 5a series A.. 1942 J D 111 Cent & Chic St L ft N O— 209,000 93,000 June 1 1937 Ask Hudson RANQE SINCE JAN. 1 Jan. 2 si Y. STOCK EXCHANGE M. PRICES IN JUNE Price BONDS June Value EXCHANGE—BONDS Jf. Y. STOCK V - 101 l03 103% 103% 30% 103% 99% 104% 70% 67% 35 21% 71% 69% 96% June 2 I03%June""5 34% 20 Sale Sale 1?* 72 June 29 69% 106% 104% 100% 35 103% 102% 103% 103% June 101% 99% June Sale l03% Sale 103% June Sale 55 59% Sale June Sale 54% 61% 53% June Sale 24 72 June 29 85 June 18 69% June 29 78% June 3 106% June 1 107% June 7 20 June 8 June 17 105% 70% 67% 24% 21% 71% June 18 103% June 100 June 4 June Apr. Jan. Apr. May 91% 29 87% 19 108 30 104% 28 107 26 43 16 Jan. 30 Jan. Feb. 19 103% June 98% Mar. 2 105% Jan. 105% Jan. 108 June 53% June 95% Jan. June 20 June 56 June 18 June June 61% June 52% Jan. 91% Jan. 25 12 2 14 18 21 14 7 11 Mar. 55 June Jan. Jan. 97 June 64 Sale 63% Sale a* June June 61 June 96 Sale 94 June 99% June 94 June 103 May Jan. 91 Sale 7 102 June 20 21 Feb. 101 Sale Sale Jan. Jan. Jan. Apr. 22 Int Agri Corp 1st 5c coll tr 5s— 29,000 1947 MN Stamped extended to J 180,000 {♦Internet Gt Nor 1st 6s A 1952 188,000 ♦AdJ 21,000 21,000 508,000 147,000 200,000 195,000 16,000 38,000 617,000 ♦1st mtge gold 5s series B 1952 1956 J ! 1,635,000 756,000 mtge 6s series A.July 1 s Intern Paper conv 5s series A 13 80 A 69 1947 J 1955 Refunding 6s series A. M Internet T 5k T deb g «%• 1952 J Convertible debenture 4%a_„.1939 J Deb gold 5s 1955 F -s S Sale 72% 102% Sale 98 98% 90 94% 100 J Sale J S2H Sale A Sale : 3% 162,000 James Franklin 6r Clearf 1st 4s.. 1959 179,000 Jones ft Laughltn St'11st M 4% s. 1961 J M D 8 100 , 100% 34% 35% 12% Sale 32% 35% 32% 35% W Sale Sale 101 Sale 98 Sale 85 82% 99 94% 68% Sale 80% Sale 72% Sale , 1961 .w;.: 1461 7% Sale 94% Sale 102% Sale 100 27% 10% 26% 26% 75% 71% 99% 96% 85 100% June 16 101% June Sale Sale Sale 29 8 27% June 9% June 26% June 34% June 12% June 33 June 27 33 June 10 June 2 7 10 100 27% June 30 9% June 26% June 27 June June 29 June 4 78 June 10 71% June 30 77 7 99% June 102% June June 100 4 95% June 71% May 71% June 99 Mar. Sale June 95 Feb. 5 Apr. 63% Apr. 79 May 67 Apr. 102 Jan. 25 75 Jan. 21 90 June 87 11 83 95 June 96% June 21 94 66 65% June 80% June 71% June Sale 90% Sale Sale June 72 June w* 76 ; June 11 11 June 30 28 Jan. 5 89% Apr. 102% Jan. 20 101% Jan. 12 June 83 72 23 73 9495 . Jan. 42% Mar. 10 17% Mar. 10 40% Mar. 10 40% Mar. 11 Sale Sale Sale Sale Sale 94% June 103% 102% June : Sale 44 47 50 Sale 44 Sale 87 Sale 84 Sale 89% Sale 108% Sale 104% Sale 79 Sale 79 108 Sale Sale 109% 103% 44 40 43 30 19 34 10 21 98% 27% 98% Sale 102% 103 40 40% 15 11% June , 90% June 30 11 Feb. 27% 98% 107% June 102% June June 40 11% June 12 1 June 109% 104 107% 102 113% 101% 48 Jan. 108 Jan. 12 66% Jan. 22 64 18 ; Jan. 95 Jan. 9 June 100 : Jan. 19 Apr. 6 109% Jan. 105 May 21 Mar. 41 11% June 25 Mar. Jan. May Apr. 31 Feb. 2 5 25 35 Feb. 9 40 25 99% 97% June 17 109 June 99% June 29 3 109 June 3 109% 107% 101«3|2..... 104 8 106 102% Feb. 17 June 14 97 149% 101% 20 , Apr. May 100 79 106 .... 104 11 June 89% June 108% June 104% June 1 9% Mar. 93% Apr. 12 102% Jan. 42% June 82% June June 87 6 21 108% 115 108% 110 97% 102 Jan. June 21 97 ; June 56 June 40 9 3 101% June 30 42% June 82% June Sale 7% June 3 96% June 10 1 103% June 2 101H June 56 109% Sale Kresge Foundation coll trust 4s. 1945 135,000 3%s collateral trust notes 1947 5% June 30 59 102% 161% 164 108% 108 115% 116% 119% 157",666 95 103 103% 101% Sale . 107 4% a unguaranteed...........1961 1,000 Kings Co E L ft Pow gold 5s ..1937 Purchase money 6s... 5,000 1997 58,000 Kings Co Elevated 1st g 4s .1949 13,000 Kings Co Lighting 1st ref 5s 1954 1st ft ref 6%a 5,000 1954 Kinney (G R) 5%s extended to-.1941 5% Sale Sale 115% 116 100% 101% 106% 109% 4,000 Kentucky Central 1st gu 4s 1987 Kentucky ft Ind Term 1st 4%a__1961 .......... Sale 105% Sale 7,000 Kanawha ft Mich 1st gu g 4s. 1990 A O 92,000 {•♦K C Ft S ft M ref g 4s... 1936 A O ♦Ctfa of dep (Bankers Trust).. 59,000 0 219,000 Kan City South 1st 4 3s.. 1950 J Ref ft Imp 5s 128,000 April 1950 J 217,000 Kan City Term 1st 4s 1960 D 129,000 Kansas Gas 4t El Jet mtge 4He.. 1980 2,000 ♦Karstadt (R) Inc 1st Mtge 6s...1943 MN ♦Ctfs w w stpd (par $645) .....1943 1,000 ♦Ctfs w w stpd (par $925) 1943 ♦With warrants (par $92f).._.1943 79,000 Keith Corp (B F) 1st ser 4 4s 1946 M 8 Stamped 100% 101 s ♦let ft ref Plain Sale 34% Sale Int Rys of Cent Amer 1st 6s B...1972 M N First Hen 5k ref 6H« 1947 F A {Iowa Central Ry— 235,000 1941 f 6s 102 Sale 34 ♦1st gold 5s series C.. .....—1956 J Internet Hydro El deb 6s.......1944 A Int Merc Marine 1st 101 J 101% 151% 151% 156" 151% 99% 99% Sale 109% 109% Sale" 112% 114 112% 99% 102% 102% Sale 102% Sale 102% June June June June June 10 101% June 10 8 151% June 8 17 101% June 7 22 110% June 16 17 113% June 1 June 23 104% June I Sale 25 Sale 25 June 30 deposit...1959 44% Sale 101% Sale 98 100 98 June 24 101% June 1939 68,000 Laclede Cas Lt ref ext 5s Coll 5k ref 5%a series G... 168,000 ..1953 Col ft ref g 5%a ser D 97,000 .....1960 Coll tr 6s series A 1942 20,000 99% Sale 93% Sale 94 Sale 92 June 3 94 66 58% Sale 58% Sale 57 June 28 June 28 61 57 50 June 10 51% June 50% June 10 99% June 29 96% Jan. 115% 101% 107% 109% 108% 102% Apr. 97% Mar. 99% May 109% Jan. 107% Feb. 101% Apr. 146%' May QQ% June 109% 112% 101% 102% 98 Jan. Jan. Jan. 6 21 22 161 108 Jan. 29 18 7 13 Jan. Jan. Jan. 108% Jan. 5 Feb.- 1 June 114 Apr. 119% Feb.- 1 102 Apr. 22 111% Jan. 13 102% May 17 May June June {Kreuger ft Toll class A 49,000 ♦5s Uniform ctfs of Collateral trust 6s series B Sale Sale 59% Sale 64 68 48 60 1942 60 65% Sale 70 50 51% 62 ..... 1 25 June 30 June 30 90 Mar. 30 101 June 3 56% Mar. 13 60 % June 4 56 2 50 Mar. 12 June 10 55 May ' 62 7 50% May 13 Jan. 25 70% Jan. 70% Jan. 68% Jan. 70 Jan. 25 15 14 23 Lake Erie & Western RR— 5s 1937 extended at 3% to 28,000 2d gold 5s 1,000 74.000 Lake. Shore ft Mlrh Sou g 3%B 98 98 Sale June 30 99% Juno 9 1 105% June 105% Sale' 100% 104% 105% June 1 101 102% 100% June 26 103% June 17 101% Sale 1947 1941 106% 1997 108 98 June 30 99% Junb 9 100% May 26 106% Feb. 27 98 Mar. 22 109% Jan. 15 Lautaro Nitrate Co Ltd— ♦1st mtge income reg—Dec 31 9175 231,000 101,000 Lehigh Coal ft Nav 4%s *er A...1954 J Cona sink fund 4%a ser G.....1954 J 21,000 36,000 Lehigh & New Eng RR 4s A 1965 A - 1,000 Lehigh Valley Coal 5s 1944 1st ft refunding 5a...... 11,000 1954 1st ft refunding 5s 14,000 .....1964 First 5c ref sinking fund 5s 12,000 1974 7,000 Secured 6% gold notes.......1938 43.000 Lab Vail Harbor Term 105 Sale 104 Sale O 1945 M b 5,000 Lehigh ft N Y 1st gu g 4s , 34% Sale 3 J F A 1st 5s. _..1954 63,000 Liggett ft Myers Tobacco 7s 5s 82.000 1944 A O Little Miami gen 4s series A ....1962 MN 38,000 2,000 1,000 2,000 120,000 51,000 43,000 45,000 216,000 99% 75% 76% 72% 76 99% 100% 1951 F A 108% 109 129 130 Guar ref gold 4s....... 4s stamped LorlUard (P) Co deb 7s 1949 M S 1944 A O 1951 FA J Louisiana ft Ark 1st is series A..1969 J 5s For footnotes, see page 30. i6o~~ 84 95% 59 55 59 55 95 95% Sale 97% 63% Sale 95 8 100% 101% 52% 55 June 57 Sale 50 53 June 63 June Sale 63 Sale 107 108% 106 124 118% 122 June ; June 59% June 64% June 71% June ..... 103% 104% 108 105% Sale I3i" i35~" 124 99 126 Sale 98% Sale 73 101 73% 105 June 13 6 Jan. June Jan. 6 Jan^, 6 75 4 100% Feb. Feb. 107 5 Mar. 103% Feb. 18 June 72 June 76% Feb. 10 86 Feb. 11 Feb. 11 63 June June 105 Mar. 109 120 June 116 Apr. 129% Jan.. 5 129% June 1 132 June 10 June 25 124 June 8 123 72% 101% 102% 103% 102% 103% 102% 100 103% 106% 103% 101% 102% Sale" 101% Sale 103 Sale 100% 101% Sale Sale 127% 128 127% Sale Sale 118 120 119 118% 82 93% Sale 82% Sale 105 28 78 77 107 Sale Sale" 73% Sale 101 Jan. 94% 106% June 118% June 108 131 15 100% Jan. June June 102 Sale tl* Jan. 104% Jan. 12 105% Feb. 17 June 95 98 100 50 53 101 June 55 96 97% June 15 June Sale 34% May 17 106% June June June June 92% Apr. 90 Apr. 100% Apr. 86 Apr. 55 98 v 30% June 25 95 64 ,: June 62% June 11 8 57% June 101 97 1 June 25 96 Sale Sale 71% June June 8 103% June 86% June 17 Sale 59 107 117 June 86 A: June 96 June 59 123% Sale 106 .1938 J D 1949 M P ..1949 M 8 4 108 101% Sale 69% Sale ! 95 129% Sale 122% 125 O Long Island gen g As Unified gold 4s.. June 108 D A 34% June 96% June 7 June 30% 94% 94% 93% 102% 101% 135% 136 125% Lombard Klec 7s series A...—..1952 J ....1946 June Sale 95 57% 101 75% Sale 81% 85 31% Sale 60% 57 101% Sale A Long Dock Co 3%a ext to.......1950 96% 102% 103% 86 90% 96 97% 67 60% 102% Sale 69 70% F Loew'a Inc s f deb 3 %s Sale 104% 105% 72,000 LshV(NT) 1st gu g 4%a ...1940 259,000 Leb Val (Pa) gen con g 4s 2003 MN Gen cons 4Hs............ 161,000 3003 M N Gen conaol 5s .............2003 MN 35,000 20,000 Leh Vail Ter Ry 1st gu g 5s 1941 A O 1965 A 0 18,000 Lex ft Bast 1st gu 5s.. 255",660 91% 105% 93% 100% 80 Sale 88* 95 Jan. 129% Apr. 16 136 117 Apr. 7 126% Jan. 108 :j Jan. Mar. 23 Jan. 2 June 21 97% 69% 101% 101% 102% June IOO"" June 7 73% 101% 102% 106% 103% June 1 June 23 June 5 100 Mar. 19 June 103 June 1 100 Mar. 23 June 128% June 10 119% June 14 2 93% June June June June June June June 25 June 25 Apr. 14 May 5 5 7 13 14 2 101% Jan. 79% Feb. 19 106% Jan. 13 Jan. 25 Jan. 108 7 106% Jan. 23 104% Feb.-25 14 108 June June Jan.v Jan. Jan. 127% Mar. 18 135 116% Mar. 24 124% Jan. June 29 100% Jan. 82 11 5 22 26 N. Y. STOCK EXCHANGE—BONDS Sales in June Value Y. STOCK EXCHANGE *1.000 Louisville 4,000 Price Jan. 2 BONDS N. 1937 Bid .1966 m s .1945 M s Gas & Elec 3H* lou Ac Jeff Brldtft gu A 4« PRICES IN JUNE Ask Bid Ask Ask Bid RANGE SINCE JAN. 1 Lowest Highest Sale Prices Sale Prices June 30 June 1 Lowest Highest Sale Prices 99 5$ June 28 Sale Prices 1085$ 112 56 Sale 995$ June 28 995$ June 28 995* 101 June 1 10856 June 1 106 1065$ 1085$ 108 1085$ 1085$ Sale 1065$ Sale June 10756 June 19 56 Mar. 23 1095$ Sale 108 Sale June Sale Sale 1045$ 975$ 915$ 1065$ 875$ Sale June 109 June 105 June 98 5$ June 5$ Apr. 105 "885$ "97"" 995$ June 28 4 Mar. 10 1125$ Jan. Louisville & Nashville RR— 124,000 92,000 290,000 103,000 73,000 1,000 29,000 8,000 67,000 44,000 1,000 62,000 293,000 78,000 * 67,000 21,000 84,000 169,000 136,000 > 1st At ref 4H* aeries 1st & ret 4s ser D 1st At ret 3^i series ........ 17,000 m2,000 .2003 E......... .2003 9756 Peducah 8c Mem Dlv 4s...... .1946 .1980 985$ Sale Sale 111 96 St Louis Dlv 3d gold 3s Mob Ac Montg 1st g 4 56* .1945 M S J South Ry Joint Monon 4s.... .1952 3 Atl Knox At Gin dlv g 4s .1955 MN tower Austrian Hydro-Elec 6Ht. 1944 F A McCrorv Stores Corp s f deb 5s_ .1951 MN vie Wesson Ac Robblns deb 556s— .1950 M n Maine Central RR 4s series A... .1945 j d Gen mtge 4His series A....... .1960 j d 11556 111 Sale 111 9056 J ... 238,000 Metropolitan Edison 4His ser D..1968 M 27,000 Met Water, Sewer At Drain 5Hs..l9S0 & 16,000 ♦{♦Met West Side Elev (Chic) 4S.1938 F ♦Mex Internet 1st 4s asstd 54 495$ 925$ 825$ §2* 88 90 56 525$ Sale 53 38 33 15 70 875$ 785$ 97 98 985$ 99 10056 102 855$ 91 100 10356 0 104 105 102 16 11 l9&x 92 105 55 101 10dv< Con ext 4His 1939 83 8 50 12 20,000 25-year g 5 He 1st ref 5Hs series B MStP&SSMAt at Chic Term s f 4s 2,000 55,000 {♦Missouri-Illinois RR 5s 302,000 Mo Kan At Tex 1st g 4s 55$ 45$ 22 June 25 June 1 June 1 June 9 June 30 78 1055$ 104 55 54 1 33 90 June 22 37'" June'19 Jan. Jan. Jan. 106 June 4 10656 June June June 16 103 102 June 10 13 1 3 June 29 2456 June 7 245$ June 7 1045$ 1045$ June 17 1045$ June 15 106 Mar. Jan. June 6 11 9 Mar. 3 Jan. 25 Feb. 25 4 1095$ Feb. 9 1045$ Jan. 1 9 165$ Jan. 27 55$ Jan. 8 1005$ Mar. 11 May 26 3 May 10 2456 13 June 22 Jan. 8 1035$ June 15 100 May 12 103 May 18 10756 June 14 Jan. 13 June 16 Feb. 23 June 15 June" 7 26 5$ "Mar .""3 1035$ Mar. 25 1055$ May 21 92 107" "June" 9 108 1035$ 1035$ June 29 106 55 42 June 16 625$ "42"" Sale Sale 1005$ Sale 1005$ June 30 1015 Sale Sale 100 Sale 95 June 26 101 100 83 June 28 85 June 23 June 11 4 42 June 3 100 Apr. June 19 June 21 100 June 83 81 83 May June June 1 81 3256 June 23 365$ June 7 135$ June 30 456 June 28 June 8 June 8 June 10 June 14 63 57 15 3 Sale June 23 20 55$ June 29 165$ 65$ 45$ 235$ June 19 20 18 465$ Jan. Jan. 115$ Jan. 456 June 3 215$ Mar. June June June 8 205$ June 26 255$ June 5 22 18 June 7 18 June 7 205$ June 17 May 17 15 June 15 17 June 4 15 ..1978 84 195$ 855$ 825$ June 11 84 June 10 95 June 205$ 215$ 245$ Sale 825$ 8 Mar. 1 856 Mar. 375$ Jan. 32 Jan.* 4156 Jan. 1 4 10 June 20 18 Jan. 7 Jan. 4 June 21 9956 Feb. 25 9156 Feb. 24 9 57 Jan. 9 3256 June June 10 6 9 105 105 85 June 90 Jan. 905$ Jan. 108 June 825$ Sale I!056 JanTlO 10456 M&f 101 Apr. June 1949 ser Feb. 23 12 12 Jan. 4 May 18 925$ Mar. 16 825$ Jan. 13 75 32 5 20 Jan. 275$ June June 22 e90 4 Jan. June 12 1 2 14 June 23 Jan. May 27 May 19 16 Cent 99 June 23 15 "ii J* 28 23 19 11 23 Jan. 385$ June 32~" June" 15 7 18 23 Feb. 5 May 26 025$ Mar. 18 00 Apr. 7 2 1035$ June 9756 9 1025$ 10356 10056 June June 10 875$ June 15 92 875$ 885$ 90 99 June 8 1005$ June 29 99 995$ 1005$ 10356 June 1 1055$ June 30 1035$ 1055$ Sale 1065$ Sale 1025$ 105 Jan. 02 73 37 Jan. 5 2 4 4 Jan. May 3 115 Apr. 15 1005$ Jan. Jan. Apr. 20 115 93 , 365$ J 9 4 5 925$ June 16 Jan. Apr. 30 June 23 June Jan. Jan. Jan. Apr. 13 June 61 925$ June 16 1065$ 107"" 10756 109 108 861666 {♦Minn Ac St Louis 5s ctfs ..1934 MN ♦1st At refund gold 4s 107,000 1949 M 8 ♦Ref Ac ext series 5s A........1962 16,000 158,000 MStPAtSSM4s stpd guar 1938 1st cons 5s 8,000 .......1938 1st cons 5s gtd as to int.......1938 88,000 1st At ref 6s series A...........1946 8,000 18.000 105 16 "2456 82 {♦Mllw At State Line 1st guar 3Hsl941 I • Sale 1 19 "92"" 90 8 111 5$ Apr. 27 108 Apr. 24 103 Apr. 28 98 1 33 June 655$ 1939 1947 M 1035$ 10456 1045$ 815$ 6056 275$ June 935$ 1065$ Sale 94 33 Sale 165$ 925$ 76 38 1st ext 4 Hi 9 32,000 {♦Mil Spar Ac N W 1st gu 4s 99 June 70 1025$ 1025$ 1055$ 55 34 62 Sale 8556 40 1095$ 1951 M S 1952 MN June 30 19 54 925$ 38 125$ m ir/s Sale 10556 Sale J Ref Ac Imp 45$a series C 69,000 1979 J 15,000 Midland of N J 1st ext 5s 1940 A O 149,000 Milw BIRy At Lt 1st At ref 5s ser B1961 J D J 1st mtge gold 5s 105,000 ..........1971 J 5,000 ♦♦Mil Ac Nor 1st ext 45$i (1880)...1934 J D io",odd 59 Sale ...1977 Jack L At S gold 3 His 1st gold 3 His 111 June 97 5$ June 113 June June June 1035$ 1035$ Sale 10256 June Sale 10254 1035$ 1025$ June Sale 1025$ June Sale June 775$ 78 785$ 80 Sale 555$ June 555$ Sale 1045$ 109 ♦4s (Sept 1914 coupon on).....1977 m's 6,000 ♦Mlag Mill Mach 1st s f g 7s 1956 J D Michigan Central-Detroit At Bay J 7,000 City Air Line 4s 1940 J June "99"" 7 9256 June 8 10656 June 26 895$ June 12 June 1045$ 8 A June 102 1035a Sale 10456 10456 32 1939 MN 1959 MN 5$ 98 1055$ 10656 2013 J D 1953 M S {♦Man G B Ac NW 1st gu 3Hi«~ 1941 J Mfrs Trust Co ctfs of partlc In 93 June 975$ Sale June 110 96 Sale 76 82 Manila El Ry Ac Lt 1st 6s Manila RR South Lines 1st 4s_. 1st ext 4s "895$ 1005$ Sale 1145$ ♦{♦Manati Sugar 1st s f 7 His .1942 A o ♦Certificates of deposit.'... {♦Manhattan Ry (NY) con g 4s. .1990 A O ♦Certificates of deposit.... AI Namm At Son 1st 6s 129,000 1943 J D 1947 A O 24,000 Marlon Steam Shovel s f g 6s 22,000 Market Street Ry 1st 7s Apr 1940 Q J Mead Corp 6s with warrants..... 1945 MN 90,000 "5",000 Sale 111 Sale 108 5$ 108Hi 10354 Sale .2003 G... ♦3d 4s "¥,666 109 5$ .1940 Unified gold 4s 1st 6c ref 6s series B.......... .2003 7 Jan. 2 285$ Jan. 8 30 June 825$ Apr. 955$ Jan. 25 Term 1941 MN J A.-.1959 J 1990 J D 945$ 49 985$ 565$ Sale 95 Sale 87 Sale 845$ June Sale 655$ Sale 72 75, 955$ Sale 945$ 95 J 84 72 85 72 54 J 53 86 74 585$ June 18 June 3 55 5 18 95 575$ June 22 885$ June 24 48 June 18 Jan. 7 5 845$ June 95 June 18 615$ Mar. 11 965$ Jan. 20 Mlssour-Kansas-Taxas RR— 223.000 169,000 11,000 157,000 182,000 5,000 530,000 714,000 47,000 165,000 7¥8",O66 103,000 12,000 246,000 47,000 Prior Hen 5s series A.........1962 J 40-year 4s series B 1962 J Pr lien mtge 4Hs ser D 1978 J ♦Cum adjust 5s series A Jan {♦Missouri Pacific RR Co— J 1967 A O ♦1st At refund 5s series A.....1965 F ♦Certificates of deposit..... ♦General 4s 1975 M ♦1st Ac ref 5s series P 755i 705$ Sale 8 44 S 165$ Sale Sale 44 Sale Sale 135$ Sale 415$ 435$ 32 Constr M 4His ser B 25,000 Mutual Fuel Gas 1st gu 5s 5,000 Mutual Union Tel 5s 108 108 1025$ 103 1015$ 1025$ 865$ ::::: 96 §i* Sale 1005$ Sale 93 935$ 1947 MN 119 1q4I MN F A Nash Flo A Sheff 1st gu g 5S....1937 F Nassau Elec guar gold 4« stpd 1951 J A J 8,000 National Acme 4 H a extended 1946 j d 560,000 National Dairy Prod deb 35$s w w '51 m n 270,000 Nat Distillers Products deb 45$a.1945 mn National Rys of Mexico— m mm mm m "8,000 53,000 Sale 10 9656 8456 35 Sale 28 Sale 325$ 28 895$ 84 107 108 975$ 98 10256 1025$ 605$ 62 115 925$ 10056 10156 40 475$ 905$ 36 1005$ 105 4 Sale ♦Assent warr A rets No 4 on... 1926 j j ♦4s April J914 coupon on .....1951 a o ♦48 April 1914 coupon off 1951 a o ♦Assent warr A rets No 4 on. 1951 Sale Sale ,4 25$ — 256 ----- Sale 4 45$ Sale 55$ Sale 3 4^ 35! 55$ 25$ 25$ 65$ I ""S"" 356 256 ""45$ 1185$ 119 vi PT1956 June June 1 June 2 June 10 June 5 June 7 315$ June 30 365$ Apr. 12 10 June 29 485$ Jan. 455$ Jan. 155$ 395$ 375$ 405$ 385$ Feb. 19 3156 June 29 Jan. Jan. 22 21 22 Jane 26 72 66 86 32 June 26 June 29 June 28 Jan, Jan. 315$ June 29 30 June 29 Mar. 1 Feb. 4 June 28 Jan. 22 84 June 30 40 7 34 7 275$ June 29 2956 June 14 Mar. 19 Jan. 7 100 Apr. Jan. 1 101 June : Jan. 2 100n32June 2 Jan. Jan. 9 14 11 25 28 945$ June 30 10056 June 7 2 100"32 June 100»3z May ; 92 Apr. 985$ June ; June 11 83 Feb. 9056 June 975$ June 875$ June 4 90 June 16 39 June 18 905$ June 28 Feb. June : 90 95 7 15 Feb. Feb. 825$ June : 1125$ Apr. 10656 June 39 25 Jan. Jan. Jan. 8 9 3 5 Jan. 4 Jan. 14 985$ Jan. 10 10256 Jan. 22 4 June 16 1005$ Apr. 405$ June 19 995$ June 10 10056 June 7 June 7 995$ June 28 104 June 5 1045$ June 26 106 21 May 8556 Apr. 92 3 Jan. Feb. Jan. 7956 May Apr. 80 84 June 22 June 29 June 18 6356 Jan. Jan. 29 100 56 June Jan. 995$ June 28 107 Mar. 12 1065$ Jan. 103 137 2 5 Apr. 29 45$ June 1 4 Apr. 29 Mar. 31 356 June 29 55$ June 356 105 70, 35$ Sale 8 5 56 June 25 4 June 8 55$ June 21 356 June 21 35$ June 10 1045$ June 30 1065$ June 8 86 ~- ~ f|f 4 14 1045$ June June 29 103 3 108 1 825$ June 29 1 June 30 1145$ June 1 115 10656 June 15 10656 June 15 4 rWrs 4 105 8 June 20 Jan. 6 Feb. 20 Feb. 19 Feb. 17 Jan. 12 455$ June 335$ June 8956 June 10 22 4 Mar. 31 3 56 June 29 4 Mar. 31 65$ Jan. 9 ----- Newark Consof Gas 5s.......... 1948 J cons 5s guarl945 j 30 40 3 5$ Apr". "28 5 May 18 4 Mar. 31 *65$ Jan! *15 75$ Jan. 11 256 Sale J 30 5 Sale J 47 ..... 4 Sale Mar. 8 Jan. 22 Jan. 22 24 49 315$ June 30 June 29 June 4 3156 June 30 275$ June 29 2956 June 14 84 June 30 107 Feb. 18 Feb. 19 405$ June 385$ June ..... 256 55$ 3 D 91 1005$ 3856 995$ 106 1945 J Sale 102 s f 4s.....1965 Y d {♦Naugatuck RR 1st g 4s... 1954 M N see page 109 1045$ ... For footnotes, 30 Sale 40 92 25$ 256 ♦Cons guar 4s 40 Sale 925$ Sale 825$ Sale 3 ♦4s April 1914 coupon on ..1977 a o ♦4s AprU 1914 coupon off .....1977 a o ♦Assent warr A rets No 5 on. 1977 Nat RR of Mex prior Hen 45$a— " June 23 80 145$ June 29 9556 8356 975$ Sale 875$ Sale 1145$ Sale 45$ Sale 1957 June 99 93 30 87 3 on. 8 June 315$ June 29 Sale l07"" Sale" 1035$ Sale 1065$ 1065$ 32 88 ♦Assent A rets No 4 685$ June 8856 Feb. 19 76 29 30 30 3156 June 29 "9056 "91" 3 warr 4 ..... 3 11,000 {♦New England RR 8,000 Sale 11 1025$ Sale 101 June 1025$ Sale 103 Sale 101 June 1025$ Sale 100»32l045$ 1005$ 100"32June 102 100®s2 102 945$ Sale 925$ Sale 92 June 10056 1015$ 985$ Sale 985$ June 865$ 80 865$ 865$ 825$ 825$ coupon on. ..1957 84,000 431,000 Nat Steel 1st coll mtge 14*000 32 Sale ♦456s July 1914 coupon on ..1957 ♦456 s July 1914 coupon off -.1957 68,000 Sale 1115$ Namm (AI) A Son—See Mfrs' Trust Co 9,000 Nashville Chat A St L 1st 4s A.. 1978 ♦456 s Jan 1914 Sale Sale 84 ..1955 MN Sale 31 375$ Sale 445$ 315$ 315$ 885$ 1065$ 1955 112.000 33 40 97 104"" mil ......1955 485$ Jan. 22 455$ Feb. 19 39 Sale "385$ 995$ 100 General At refunding 5s A.....1955 Gen At ref 6s series B...... 1955 287,000 Morris A Essex 1st gu 3His......2000 Constr M 5s ser A 154,000 1955 MN 33 19 Sale 3656 .... Gen Atrefsf 4Ks ser C Gen A ref s f 5s ser D 375$ June June June June June 3256 Sale 295$ 315$ 335$ Sale 315$ Sale Sale 1st guar gold 5s .....1937 Montana Power 1st Ac ref 35$s...1966 Mont Tram 1st Ac ret 5s series A..1941 315$ June 29 June 23 145$ 3156 315$ 315$ 39 44 41 1981 MN 40 33 Sale June 295$ A .... 3156 June 29 735$ June 29 16 39 365$ 155$ Sale 43 ♦Certificates of deposit 795$ Mar. 39 Sale 42 ♦1st At ref 5sser I... 6956 June 23 63 5$ June 30 325$ Sale 29 J; il* 39 Sale 735$ June 29 635$ June 28 71 43 44 20,000 ♦Montgomery Dlv 1st g 5s 1947 F A 112,000 ♦Refunding At Improv't 4tfs ..1977 M S ♦Sec 5% notes 86,000 .....1938 M 8 40,000 Mohawk A Mai 1st gu i 4s 1991 M 9 56,000 Monongahela Ry 1st M 4s ser A..1960 m n Monongahela West Penn Pub Serv— 1st mtge 4Hs._...............1960 163,000 6s debentures 71,000 .......1965 2,000 Montana Cent 1st gu g 6s...._..1937 421666 39 685$ 775$ June 9 665$ June 11 6956 June 23 635$ June 30 445$ Sale 1977 MN J 4%....July 193S J {♦Mobile At Ohio gen gold 4s 1938 M 8 63,000 675$ 635$ June 28 6956 635$ Sale 18 40 ♦Certificates of deposit..... ♦1st & ref g 5s ser G_. 1978 MN ♦Certificates of deposit ♦Convertible gold 5H» 1949 MO ♦1st ref gold 5s series H.......1980 A ♦Certificates of deposit...... 645$ 725$ 365$ Mo Pac id 7s ext at lVi'ooo 755$ 119"" June'10 119 56 June'10 69 ... 62 57 June 22 66 June 66 ... 60 55 June 28 56 June 26 2 6 356 June 21 10256 Apr. 8 10756 77 Jan. 5 935$ 118 May 7 1225$ 57 June 22 82 55 June 28 745$ Jan. Jan. Jan. Jan. 18 2 23 14 Feb. 1 2 Feb. -vr N. Y. STOCK July, 1937] Sales in 27 EXCHANGE—BONDS PRICES IN JUNE Price June BONDS n. y. stock exchange 1937 RANGE SINCE JAN. 1 Jan. 2 Value Ask Bid $ 68,000 N«w England T Ac T 3i-yr 5a A... .1952 .1961 48,000 lat g 4Ha acrlea B .... N J Junction RR go lat 4a...—. .1986 .1960 841666 N J Pow & Light lat 4Ua 45,000 New Orleana Great Nor 5a aer A.. .1983 40,0(fo N O & N'eaatern ref 45*i aerlca A. .1952 140,000 New Orleana P S lat It ref 5a A... .1952 .1955 lat 8c ref 5a aerlea B 163,000 125,000 New Orleana Term lat 4s guar... .1953 2,000 t»*N O Tex & Mex Income 5a..... .1935 .1954 98,000 ♦First 5s series B ♦Certificates of deposit..... 19,000 T956 ♦let mtge gold 5s aeries C 8,000 .1956 8,000 ♦1st 4Ha series D... .1954 54,000 ♦First 514a series A ..... ♦Certificates of deposit..... 23,000 125* Sale 1225* 125 124 125X A 104 m O 1075* Sale D J J A O 100 825* Sale 100 99 1005* 99 lis 64 50 A 485* Sale A A 48 50 J* 52 515* Con sol 4s series A............ .1998 F 10-year 3 54a secured a f....... .1946 A ill" 110 Sale" A 104 Sale O 103 95 Sale A O Ref 5c Inapt 45*a series A...... .2013 A O Ref 8c Impt 5s aeries C........ .2013 .1952 MN Conv secured Sale 101X Sale series B...... 55,666 N Y Dock 1st gold 4a.........— 1951 1938 43,000 Serial 5s g notes —...... Sale" 1055* Sale 1055* 85 84 73 77 Sale Sale Purchase money coll tr g 96 X 955* 102 X 102 X 103 X Sale Sale 94 I m—w** urn 68 65 June 47 June 48 48 465* June 53 48 June 49 June 18 505* 48 June 49 June 11 '54'" Sale 52 June June 4 52 47 June 52 June 2 1,105* 1015* 1025* 1015* June 104 June 1 no" 104 965* 102 Sale Sale Sale 885* Sale 96 Sale 1085* Sale 95 1941 J M 8 102X 103 109j| 109X 102 106 X 108X 109 41 A ♦Non-con* debenture 3Ma.... 1947 A ♦Non-con* debenture 3Ma.... 1954 ♦Non-con* debenture 4a...... 1955 J O 35 O J MN ♦Non-con* debenture 4a...... 1956 J ♦Convertible debenture 3Ms.. 1956 J J 1948 J ♦Convertible debenture 6a A O MN J D MN Sale 40 355* 385* 40 885* 43 42 110 ___ June 13 Jan. 27 June 28 Feb. 19 101X June 23 Sale 10l June 865* Sale 965* Sale 1065* Sale 84 June 905* June 10 84 June 29 945* June 985* June 11 1095* June 9 94 105 104 Jan. 16 Apr. 28 103 9 Apr. 29 1095* June 965* Sale 1055* 106 955* June 1045* June 102 Sale Sale Sale 87 8* 100 Sale Sale Sale 1085* 605* 58 June Sale 85 Sale Sale 895* June June 91 Sale 1005* June 102 89 June i 1 10 June 8 June 19 June 24 June 1 88 June 5 2 1005* June 1045* June 17 1 1095* June 1085* 555* June Sale 60 555* 57 555* 64 1005* Sale 995* Sale 7 61 55 June 17 595* 555* June 14 565* 995* June 25 1005* 995* June 26 1005* 95 2 2 Apr. 995* Apr. June 94 985* Feb. 20 23 18 5 Apr. June June June Jan. Apr. 975* Jan. 1025* Jan. 11 5 Feb. 8 6 Mar. Jan. 1095* May 24 Jan. 5 109 725* Jan. 21 85 885* Apr. 88 1005* 92 5* 805* 98 X 100 106 109 1 555* May 97 Apr. 975* Apr. 55 Sale O ~925* 23$ June 30 61 June 19 19 June 20 475* June 695* June 255* June 39 38 June 29 46 Sale Sale 185* 38 94 20 125* 1005* 83 F A ♦♦Second gold 4Ma.......... .1937 ♦General gold 5a............. .1946 F A M N ♦Terminal lat gold 5a......... .1943 .1939 MN 221",600 NY Tel lat Ac gen i f4Ms 15,000 N Y Trap Rock lat a f g 6a— .1946 J D .1946 6s stamped 13,000 ............ 0 2 Sale 705* MN 5 4 Sale 65* A O 2 80 Sale A A M 8 F A MN K 8 M 8 A O 1945 ♦Oct 1935 and sub coupons 65* 107 Sale 905* 90 125* 155* Sale 1025* 103 107 X 1065* Sale 102 100M 98 1065* Sale 26 29 M Sale 26 28 235* MN F .1961 F 128,000 North Am Edison deb 5a aer A....1957 Deb 5Ma aer B.........Aug 15 1963 216,000 Deb 5s series C ....No* 15 1969 131,000 2,000 North Cent gen At ref 5s aer A... 1974 Gen At ref 4Ms series A....— 1974 2,000 {♦Northern Ohio Ry 1st guar 5a. April 11934 and aub coupons.. 1945 4,000 1075* 35* 6 55* 1055* 104X 1065* 1055* 1265* 1185* 875* 815* Sale 85 1065* 83 90 101 77 85 Sale 1155* 80 Sale 104 Sale 125* June 30 Ref At Impt 6s Series B...._. Ref At Impt 5s Series G...... Ref At Impt 5s Series D. 2047 j 2047 j j 2047 j 2047 r j j A .. J 1944 J MN Norwegian Hydro-El Nit 5Ms—— 1967 June 22 46 June 29 June 10 29 June 10 Sale 845* Sale Sale Sale June 89 June 90 115* June 101X June 17 103 June 23 June 79 June 81 117 1155* 102 X Sale Sale J J J June 18 120 725* Sale 72 X 83 Sale Sale Sale 825* 1055* 1115* 1085* Sale Sale Sale 1095* Sale Sale 95 Sale 725* June 30 Sale 1205* 123 117 119" 119 106 Sale 106 1015* 102 895* Sale 74 685* 101 Sale Sale Sale 1135* 1145* 1135* 114 1245* 1065* 1075* 1015* 1964 H...... 1961 1075* Sale Sale 215* 1055* 1025* 985* 235* Sale Sale Sale 905* 64 110 June June 75 June 120 895* June 68 June 1055* June 1005* June 975* June m 188 11 June 30 June 14 June 22 June June June June 1 Mar. June Mar. May Apr. 10454 June 102 16 12 2 5 Jan. 6 112 Jan. 13 110 6 1095* Jan. 3 1045* June 815* 1125* 825* 106 Jan. Jan. Jan. Jan. 3 Feb. 27 1055* May 335* Jan. 9 20?* May 11 1095* Jan. 29 1095* Jan. 29 2 1015* Apr. 12 1065* Jan. June 22 975* June 29 100 103 June 1065* 1035* Sale 985* Sale Mar. Mar. 117 119 Sale June June 13 Jan. 23 Mar. 19 Mar. 15 June 30 Sale June June June 8 2 Feb. 83 87 725* June 30 1055* June 29 1075* June 11 June 1015* June 101 112 June Jan. Jan. June 18 June 28 June June June 675* 16 1095* June 25 113 June 25 1125* 115 Apr. 115 1075* June 114 106 Apr. Mar. 116 1215* 1095* 1095* 1105* 1075* 1105* 7 2 1065* Jan. June 18 120 102 103 X June 28 1055* June 8 June 22 9754 June 29 100 18 Jan. Apr. 9 1055* 1015* Apr. 7 1065* 995* Mar. 17 107 1205* May 25 1255* 100 Jan. 825* May 101 725* June 225* June 11 4 Feb. 1095* Feb. 15 325* Jan. 21 31 1035* June 10 3 104 122 1035* June 17 8 1035* June 3 1045* June June 215* June 2 7 8 8 11 945* Jan. 25 Jan. 26 98 225* Feb. 19 5 1095* Jan. 9 1075* Apr. Apr. 1025* June 120 26 Jan. Jan. 695* Jan. 1065* Jan. 1095* Jan. Mar. Jan. 22 69 112 1015* 695* 955* 1095* June 985* June 1115* June June 117 Sale June ,15 June 18 725* June 30 1115* 1125* 1105* 1125* 1185* Sale 9 725* June 1065* June June 1045* 1025* 1035* 103 235* 205* 108 1085* 1045* Sale 1045* Sale 985* Sale 1025* 110 Sale 1105* 1125* 1115* Sale 1105* Sale 1115* 1125* 105* Sale 1085* 1105* Ho" 112 109 116 4 1175* 1115* 113 725* 1035* 725* 955* June 1005* 102 1005* 1025* June 104 1055* 1045* 1055* 1045* June 1025* 104 June 115* Apr. Apr. 106 Apr. 1005* Apr. 985* June 235* Jan. 87 Sale 107" HI" "755* "765* For footnotes, see page 30. Sale 1085* 109 1105* 1966 June 17 June 1 120 1*4* ... June 11 June 8 120 Pacific Coast Co lat a As .... June 1205* 1245* 121 Otis Steel 1st mtge 4M8 A 1st Ac ref mtge 3Ms ser 1 104 June 116 1963 M S J 1962 J Pacific Gas At B14s ser G-— June 121 112 1946 J 28 1145* June 1025* June June 100 June 28 103 June 15 121 A O Ohio Pub Service 1st At ref 7 Ma.. 1946 1947 F A 1st Ac ref 7a aeries B 1943 F A Ontario Power N F 1st 5s 1945 MET Ontario Transmission 1st 5a 1946 j d Oregon RR At Na* con g 4s J 1946 J 5s stamped ME* 30 25 29 89 June 100 80 June May Apr. Apr. 1 1025* June 29 1045* June 103 June 29 1045* June 11 84 June 11 1075* Jan. 83 Sale 120 98 30 106 June 10 June 6 6 1055* Jan. May 25 1085* Mar. 2 1025* June 11 1085* Apr. 16 4 985* June 15 1075* Feb. 106 4 June 1075* June 1025* June June 106 1005* June 985* June 83 Apr. Apr. 125* June 100 May 835* May 1015* Apr. June 30 Sale Sale Sale Oslo Gas At Elec extl « f g 5s ME* 90 83 Sale Sale June 100 1065* June Sale 102 June Jan. Mar. 23 Mar. 1 465* Feb. 19 445* Feb. 16 475* Feb. 20 Feb. 18 47 Feb. 18 45 Feb. 16 60 Feb. 17 71 375* Feb. 19 Feb. 18 55 995* Jan. 30 7 46 k Jan. 425* Jan. 18 1015* Mar. 16 Jan. 21 95 8 1095* Jan. 20 105 Feb. 47 79X Mar. 101 104M Ore-Wash RRAcNa* 1stAtref 4s... 1961 8 103 1065* Oregon 8hort Line lat con g 5a.. 1 1 1 30 Ill 114 2 1055* June 10 June 2 2 107 June 11 1075* June June 15 1065* June June 11 1065* June 103 Ohio Indiana At West 5a...Apr 1 1938 Q-J Ohio Connecting Ry lat 4a.. June Sale 1943 M 8 MN Ohio Edison 1st mtge 4s......... 1965 J 1972 J 1st mtge 35*a J June 1025* Sale 1205* 125 Sale J 8 104 29 109 47,000 ♦Ogden At Lake Ch 1st guar g 4s. 1948 16M June 1045* Sale O 1438 Northern R* of Calif guar 5s j 5 105 Sale Sale .. Ref At lmpt 4Ms Series A June 39 70 815* 1997 Q J 3a....Jan 2047 Q t June 945* June 17 24 845* June 21 865* June 1035* June 25 1045* June ♦Stamped as to sale of April 1 1933 April 1 1935 lnd coupons. 1945 1 June 23 90 100 55* 95* 15* Sale Sale O 14 915* June 20 1 225* 31 40 ▲ „945* Sale 105 1055* 1035* 104 1055* 107 1035* Sale 1025* Sale 100M 1015* 985* Sale 98 Sale 100 X Sale 80 Niagara Share (Mo) deb 5 Ma... .1950 Nord Rya extl a f 6Ms_......... .1950 ♦{♦Norfolk South lat At res 5a A. .1961 ♦Certificates of deposit.. ♦{♦Norfolk At South lat g As.... 1941 .1996 Norfolk Ac West R* l«t con g 4a— June 38 Sale Sale i""i 38 Sale 2 M S Niagara Falls Power 3M*——— .1966 A O Nlag Lock At Ont Pow 1st 5a A— .1955 June 39 63 Sale J ♦IN Y Westches At Bos lat 4M*-. .1946 Apr. 19 Sale 105 83 60 June 106 106X 107X 106 X 1075* June June June 42 105 1075* 1065* 1065* 35 35 34 38 42 99 X 101 86 X 875* 1065 June June 28 1035* 1045* 104 106 X 107X Jan. 35 June 24 935* Sale 1065* 35 June 21 1 98 June 34 Sale 15 35 35 35 375* Apr. June 345* Sale 38 33 June Mar. Sale 31 Sale 91X 43 107 May 1055* Mar. 98 355* June 25 30 109 Sale 935* 4 965* 75* Sale 95* 109 106 June 405* June 405* June 42 X June 25* Sale MN "i",6o6 102 June ilH Sale 955* 1 37 Sale Sale 95 103 1 102 June 16 1055* June 16 8 June 25 1075* June 395* 415* 28 6 June 25 Sale 15 16 June Sale Sale 1255* Jan. 1175* Jan. 1055* Jan. 19 4 1095* Jan. 102 May 27 1065* Jan. 12 9 1085* Jan. 37 37 22 1015* Jan. June 28 ilM Jan. 565* June 14 6 1055* Jan. 2 1055* Jan. 945* June 35 Sale 67,000 t"N Y Suaq At West lat r*f g 5a .1937 J extended 72 June Feb. Mar. 31 Feb. 4 975* June 995* Apr. 98 3 35 M N Northern Pacific prior Uen 4a. 105 955* 1005* 1055* 555* June June 2 June 14 June 8 June 5 Jan. 1085* Jan. 965* Jan. June June 14 June 30 Sale 41X 1st mortgage §a— ..............1951 1st mortgage 5a................1956 MN North American Co deb 5s... 105 Mar. 1045* June 985* June 11 8 1045* June 14 June 15 41 63 265* 46M 99 37 47M 45 MN 35<a—. .1965 New York Steam lat 6a ssr A.....1947 aer 8 June June 985* 95X 925* June Sale 805* June June 99 X Sale 99 1035* Sale 1035* June 1085* 109 1085* June 94 385* D J J 62,000 {Prior lien 6s stamped.........1958 .1951 UK 1,000 NY At Rlcb Gas 1st 6s A Gen Uen ry At Id gt 975* 1055* 905* 925* June 975* 975* 99 M 945* 955* 975* Sale 1035* 103 1045* 101 102 Sale 1015* 102 v 1055* 1055*— 1055* 065* 1065* — 1065* 99 995* 975* Sale 11 S {♦N Y Pro* At Boston gen 4a.... .1942 1993 A O .. ^ 595* Mar. 31 545* Apr. 21 Apr. 1 555* Mar. 5 625* Mar. 31 57 Apr. 5 1135* Jan. 25 1355* Mar. 17 1065* Jan. 12 1035* Jan. 4 965* Jan. 20< 60 985* June 9 1025* June 14 965* Sale Sale 895* 895* 895* 101 1005*, 102 925* 985* Sale 835* 865* Sale 40 38 X J N Y At Putnam 1st coo guar 4a 35* a Jan. 4 51 47 .100 A 8 1st At ref mtge June 18 " 100X 100X 106 X F M ♦Non-con* debenture 4a...... 1947 1st guar cons June 28 465* June 18 Sale New York Railways Corp— 43,000 t 41,000 14,000 38,000 5,000 6,000 292,000 21,000 178,000 32,000 279,000 288,000 190,000 2 14 June June 2 1165* Apr. June 29 122 1225* 121 1205* 121 Sale 1135* 1135* 1125* June 22 1135* June 14 1095* Apr. O 45,000 N Y At Queens El Lt At Pr 49", 066 30 June ' 48 109 985* A 98,000 18 June 120 113 D ........... 303",660 June 525* 1035 985* 108 A N'western Teletf 4M* • 92 100 ..... 7,000 96 June June 26 Sale ....... 23,660 96 June 11*June Sale 1075* Jan. 5 98 Mar. 4 855* Feb. 9 925* June 5 1035* Jan. 22 Jan. 22 92 June 4 103 905* May 21 1005* Jan. 21 4 445* Jan. 4 515* Feb. Mar. 23 June 28 125X 126 116X 117X 391,000 .1940 ♦Collateral trust 6a 142,000 1957 ♦Debenture 4s 105,000 flat At ref 4Ma aer of 1927..... 1967 334,000 ♦Harlem R A Pt Ches let 4a... .1954 62,000 1992 402,000 {♦N Y Ont At West 1st g 4a 1955 ♦General 4a 102,000 36,000 48,000 W* June 23 Sale' 4s... 1949 N Y Ac Long Branch gen 4a , June 105X 2000 M N N Y At Harlem g 3 Ms MN N Y Lack At Western 4a aer A.... 1973 1973 N N Guar 4Ms aeries B ......... 1942 M N to 8 11 90 June 105" {♦N Y Ac N Eng (Boat Term) 4s... .1939 {♦NY New Haven At Hartford— 3,000 349,000 414,000 142,000 550,000 4075* June June June 601 555* 1005* Sale 44,000 3,000 N Y L E Ac W Coal Ac BR 5Ma.— J Dock 8c Impt lat 5a........... 1943 6,000 454,000 74,000 66,000 163,000 108,000 141,000 54,000 54,000 97,000 217,000 June 30 1185* Mar. 23 1275* Jan. 25 Apr. 7 1255* Jan. 21 June 15 May 24 Apr. 16 101 2126 1185* June 30 121 1948 J N Y Gas El Lt Ht Ac Pow 5s 298,000 578,000 1225* June 1185* Sale 100 49 965* " 5,000 N Y Ac Greenw L prior lien gu 5a. 1946 MN 246,000 Sale Prices 48" 1055* N Y Ac Erie—See Erie RR. "8,666 Sale Prices 1965 A O 1966 A O Certificates of deposit 7,000 248,000 N Y Edison 3M« aeries D 98,000 1st lien Ac ref 35*a series E 16,000 30,000 25,000 61,000 83,000 140,000 Sale Highesi Sale Prices 5 525* June 495* June 23 1035* 10854 6754 6354 1953 1st gtd 5s 4,000 126 Lowest Sale Prices Ask Highest 49 lo" 108 X 108 X Sale 95 98 101 ... il; 945* 945* 91X 121 Lowest ....... J .1997 602,000 N YC&H R gmtgeSUs J Debenture 4t of 1912...—..... .1942 39,000 2013 A O Ref Ac lmpt. 4^s aeries A.. 657,000 F A 236,000 Lake Shore coll g 3 Ms—...... 1998 F A Mich Cent coll g 3 Ms—....... 1998 110,000 1937 A O 40,000 N Y Chic At St Louis lat g 4a 1974 A O 383,000 Refunding 5Ma series A...... 1978 M S 617,000 Refunding 4Ms series C A O 238,000 3-year 6s ... ...Octl 1938 1946 201,000 4s collateral trust 1953 36,000 N Y Connecting lat gu 4M* A 122",606 75 Sale O J T945 J MN 471,000 359,000 549,000 800,000 42,000 66,000 w 47 1fNew York Central conv sec 6s.. .1944 3^8 Sale 95 82 J June 30 Ask Bid F 83,656 1,923,000 Bid MN J ..... Npt 8c Cln B pen gu g IMa June 1 !?8g Feb. Apr. 995. Feb. May 123 June 82 Mar. 111 Mar. Jan Jan Jan. 20 6 8 21 7 4 15 June 68 Apr. 24 Jan. Feb. 1075* Jan. 1025* Jan. 103 995 94 1 Mar. Jan. 11 Mar.: Jan. in. lar. 28 N. Y. STOCK EXCHANGE-BONDS 8-a Sales in June BONDS Value N. Y. STOCK EXCHANGE Price If 1937 $ Bid 2,000 Pacific RR of Mo 1st 82,606 76,000 ♦2d extended gold Sa Pacific Tel Ac Tel 4a «t 3$*s 1938 F A 1938 J . l 1966 A O B aer "3", 660 Ref mtge 3$*» series C Peducata ft Illinois 1st a f 4 H«♦(♦Pan-Am Petr (Cel) lat g 4s. 27,666 ♦Certificates of deposit...— Panhandle Eastern Pipe L 4s A. _ PRICES IN JUNE 1966 J U June 1 Ask\ 102 X J 102 X Sale June 30 Ask Bid 100 Ask 93 98$* Lowest Lowest 107"" ::::: 54X 57$* 100$* Sale 1003* 101 1003* Sale 1003* Sale 106 Highest Sale Prices Sale Prices Highest Sale Prices 98 June 24 Sale Prices 99$* June 11 98 June 25 101$* June 9 100$* June 2 101$* June 14 99 103 X 105 X 55$* Sale 1952 M Bid — D 1955 J 1940 J RANGE SINCE JAN. 1 Jan. 2 June 24 190,000 226,000 115,000 118,000 18,000 2,000 2.000 1st mtge s f g 3s loan ctfs. Paramount Pictures Inc— s .... f debenture 6s...... 33*8 conv .... 1955 F S A 34$* 34 $| 98 47 42 Sale s f 5Ha._ 1965 (♦Park Lexington 6H« ctfs..... 1953 deb 6s.... Patorson Ac Passaic G At E 5s .194? ♦Paulista Ry 1st Ac ref 7a aer A.., .1942 M S 4$*s—1960 Penn Ohio Ac Detroit RR— 1st Ac ref gold 4H> A 4Hs series B 1977 A O .....1981 42,000 100,000 Peoria At Pekin Un 1st 5Hs A...1974 F Pere Marquette 1st 5s series A...1956 J 1st 4s Series B ...—..—..1956 J A 1980 M P 1st g 4H* series C 6,538,000 Phelps Dodge conv 3H« deb 11,000 10,000 12,000 22,000 659,000 450,000 400,000 347,000 603,000 10,000 7,000 24,000 12,000 J J 1952 J D 1943 M.N Phtla Bait Ac Wash 1st g 4s General 5s Series B Gen g 4Hs series C 38$* June 1 1 38$* June 37 May 18 43$* Mar. 4 Jan. 7 57$* Jan. 7 98 June 26 98 98 65$* June 25 68 June 65$* June 25 1937 J June 26 12,000 51,000 J 8 J O O "5,000 1,000 31,000 1st mtge 4Hs series C Pitts Y Ac Ash 1st gen 4s ser . 105 1053* 104 105$* 1023* Sale 993* Sale 104$* 104$* 105 102 104 104 104 1043* 1093* 1003* 107$* 1123* 104$* 105$* Sale 112 1153* 116$* 116 1163* 103 X 125 X Sale Sale 115$* Sale 122 110$* Sale Sale Sale 111 Sale 106 1213* 1165* 117 983* 99 15 17$* 1123* 105$* Sale 1003* 1013* 1 103 June 1063* 1073* 104J* June 1 107 June 23 1003* Sale 1093* 111 130 1213* 115$* 1163* 105$* Sale 483* Sale 243* Sale 193* 193* 106 923* 108 93 J* 109 Sale 107 Sale Sale 119 110$* 116$* 100$* 1063* Sale 1073* Sale 109$* Sale 118 114 "163* 106 Sale 1183* June Sale 110 June 112 1163* 993* 1063* 105>* 1033* June Sale Sale Sale 1053* Sale 119 117$* 1183* 118 114$* 1123* Sale 112$* 92 Sale 90 923* 18 15$* 11$* 153* 111 1103* 1013* Sale 933* 94 Sale 94 loo"" Sale "913* 93 Sale Sale 114 Sale 111 112 100$* Sale 1023* Sale 283* Sale 12 Sale 24 Sale 107$* 98 June 103 June 8 June 108 June 7 June 107$* June 8 June 110 June 8 June 119 June 16 June 30 114 June 3 June 30 16$* June 11 June 92 June l66"" June 30 1023* June 22 June June 11 28j 94 June 30' 94$* June 14 106$* June 14 111 June 4 110$* June 24 1103* June 24 91 91 123 X 1213* June 16 121$* June 16 112 Sale 112 June 30 114 June 1 1103* 113$* 111$* June 2 113 June 17 94 Sale 913* June 14 1003* June 1 103 Sale 102 June 25 103 X June 8 23 Sale 223* June 25 28$* June 9 103* Sale 243* Sale 107 Sale 95 "99" .1960 F A 115 110 .1963 F A 1243* 1243* 1243* 1223* 125 122 123$* 106$* 107$* 110$* 953* "963* 1153* 122 1153* 1163* Sale" 1163* 121, 106$* 1073* 93 Sale 107 87 88 893* 1123* 1223* 1st gen 5s series C 1st 4H» series D .1974 J .1977 J D 123 93* June 30 1 12$* June 26 183* June June 29 107$* June 8 108$* June 95 June 98 D 115 6s.. 1942 coll 5s.. .1953 50,000 Potomac Elec Power 1st M 3$*•—1966 157,000 Pressed Steel Car deb 5s 1951 1,000 (♦Providence Securities deb 4s gul957 MN (♦Providence Terminal 1st 4s 1956 M P 3,193" 000 Pure Oil Co s f 4Hs with warr—.1950 J J 1,135,000 1143*8 w w drawn bonds..—-1950 95,000 4$*■ without warrants .——1950 217,000 143*8 ex-w drawn bonds....1950 54,000 Purity Bakeries Corn s f 1948 78$* 80$* 403* Sale Sale 97$* 203* 883* Sale for deb 6s 90H 913* 111 1* l!i* 85 Rensselaer Ac Saratoga 1st gu 6s.1941 M N Republic Steel Corp 4Hs ser A..1950 A O 1961 F A H* conv..—1954 MN .1956 MN 4$*s—1956 J J 8,000 ♦Rhelnelbe Union s f g 7s ..1946 J 23,000 ♦Rhine-Ruhr Wat Serv 6s—.....1953 J Sale 8,000 ♦Rhine-West Elec Power 7s_.1950 MN 13,000 ♦Direct mortgage gold 6s 1952 MN 22,000 ♦Cons mtge 6s —1953 F A ♦Cons mtge 6s with warrants.. 1955 A O 5,000 ♦(♦Richfield Oil of- Calif 6s. —1944 M N ♦Certificates of deposit MN 2,000 Richmond Term Ry 1st guar 5s_.1952 J J 6,000 ♦Rima Steel s f 7s 1955 F A 97",666 (♦Rio Grande June 1st guar g 5sl939 J ♦Rio Grande Western 1st g 4s—1939 J D J ♦ 1st 99,000 con Ar coll trust 4s series A.1949 A O 15,000 Rochester Gas Ac El 4 H* ser D 1977 M S Gen mtge 5s series E —.1962 M 681666 ' ♦(♦RockIs Ark Ac Louis lst«Hs —1934 5,000 ♦Ruhr Chemical 6s.— 1948 11,000 ♦Rutland-Canadian 1st guaf g 4s 1949 29,000 ^♦Rutland R R 1st cons g 4Hs_—1941 142,000 Saguenay Pow Ltd 1073* 1073* 107 As 1313* Sale" 99$* Sale 1093* 1103* 99 For footnotes, see page 30. Sale 203* 1053* 333* 28 ::::: 11* 105 i* 633* Sale 633* Sale 1033* 45 58 90 913* 833* Sale it?* Sale Sale" A O 29 183* 28 28$* 343* Sale J J J Sale O 104 J 1123* Sale 1003* 100 1033* 100$* —- 1937 MN May Apr. June Jan. 99 9 23 Jan. 12 Jan. 12 Mar. 11 Jan. 7 Jan. Jan. 9 9 26$* Feb. 25 113 Jan. June June 106 Jan. 101 Jan. June 103$* Jan. 106 X June 111 Apr. 113$* Jan. Mar. 129 Apr. 108$* May 91 $* June 119 Jan. 12 117 Jan. 19 102 Jan. 106$* Jan. 11 8 103$* June 3 50$* Feb. 2 26$* Feb. June 22$* June 9$* June 18$* June 106 June 30 Jan. 58 Sale 106 Sale 74 102 953* Sale 163* 263* Jan. 98 107$* Mar. 109 Apr. Mar. 111$* 113$* 113$* 113$* 112$* Mar. Mar. Apr. Mar. 111 Apr. 26 Feb. Jan. 3 11 15 28 111 Mar. HZ* 87 June 18 87 2 85 Jan. Jan. 15 Jan. 15 113 Jan. June 76 60 54$* June 106 June 106$* 78$* 26$* 102$* 743* June 19 203* Sale June 100$* 1023* 1013* June 953* Sale 94$* June 133* 163* 20 June 1153* 113 3* Sale i02i532102«32 105 96 20 109$* June 1073* June 983* Sale "Sale" 96$* 98 97 June 7 June 4 June June June 1 8 9 June 23 June 3 115$* June 30 112$* June 7 105$* June 4 1022'3ZJune 4 June June 99 1153* 106$* 105$* June 24 96$* Sale 9 893* June Sale 106$* Sale 105$* June 4 Sale 106 106$* Sale June 7 Sale 106 Sale 105$* June 29 109$* Sale" 159 Sale 1433* June" 17 Sale 97 943* Sale 943* June 17 Sale 116 115 116$* Sale June 26 Sale 97 96$* Sale 953* June 29 103 1033* 101 Sale .1003* June 20 263* 34$* 30$* 32 27 June 2 21 24 June 243* 22 <28 4 Sale 24 233* "25" 21$* Sale 30 233* 48 44$* 48 44$* 104 24$* 22$* 25 243* Sale 22$* 30 393* 443* 393* 45 104 503* 50 86 72$* 38$* 1083* 193* Sale 17 20 Feb. 5 Jan. 28 6 97$* Feb. 110$* Mar. 10 4 124$* Feb. 96 108 May 119$* Apr. Sale 21$* 253* 12 6 123$* Jan. 107$* Apr. 13 June Sale 34 22 124 June 90$* June Jan. Jan. m Jan, 87 Jan. Mar. 16 114$* Jan. 29 2 114$* Feb. 113$* Mar. 113$* Mar. 104$* Mar. June 18 June 30 78 114 70 8 Mar. 108$* May 21 85$* Jan. 110 Sale 94$* 1063* 1063* 1073* 1093* 1503* 19 2 107 116 112 June 14 Il8~" .-III 122 S St Lawr Ac Adirondack 1st g As—1996 J J I 2d gold 6s 1996 A O ] 108 1103* Sale S 1st M 4 $*8.—1966 A St Jos Ac Grand Island 1st g 4s—1947 J . 50,000 St Joseph Ry L H Ac P 1st Sale M J Mar. June June 2 54$* June 105$* Apr. 74$* June 19 92 Apr. Apr. 20 88$* Jan. 45$* Jan. June 100 75$* Jan. 25 Sale 75 114$* June 3 97$* June 23 107 Jan. 106 100 Jan. 5 Feb. 4 90 102$* Apr. 102'932June 97 June Feb. 25 131 $* Feb. 112 X June 85$* Jan. 109$* June 107 X June 3 105$* June 102*i 32 June 101 105 97$* June 119 June Mar. 13 Mar. 11 100 Jan. Mar. 18 32 18 Jan. 24$* Mar. 24 June 16 223* June 3 21$* June 1 25 Mar. 19$* Mar. 25 233* June 11 24$* June 23 June 25 8 19 13 Mar. 2 2 27 45 June June 25 45$* JUne 7 104 June 30 104$* June 15 60 June 25 57$* June 4 5 Mar. 4 19$* Mar. 19$* Mar. 26$* 25$* 26$* 26$* Mar. 5 Mar. 3 45 24$* June 29 66 Jan. 7 66 Jan. 7 May 44$* May 103$* Mar. 53$* Mar. 91 "76"" June" "7 69$* June 2 34 39$* June 10 2 116$* June 2 June 30 116$* June Feb. 69$* June 34 June 1./7 25 112 24 Sale 17$* 17 June 26 20 June 2 24 "19$* 23$* June 16 19$* June 28 25$* June 24 19 Sale 24 Sale 24 25$* June 23 1003* Sale 1003* Sale 100 1073* 109$* 107 98 981532 983* 99 97 993* 993* 1033* 1033* —. 212 June 26 Sale 1163* 108$* Apr. 28 Mar. 13 J an. 5 127 94 X June 17 108 Jan. 25 24$* June 24 893* "It* 115$* Feb. v 13 13 7 7 5 130$* Mar. 11 Jan. 18 95$* June 29 100 Jan. 6 100$* June 20 106 97$* June 103$* June 81 : 1 June 6 Mar. 2 112 164 27 19 28$* Feb. 20 105$* June 24 126$* Jan. 9 104$* Jan. 89$* June 105 Apr. 1 108$* Jan. Jan. 105$* Apr. 5 108 June 28 106$* June 107$* June 14 108$* Feb. 20 \ 1153* HO 103 Jan. 107 100 — "2I666 111$* 111$* 111$* 121$* 117$* 88 102' 932June J J June Jan. Apr. ii June 9 Jan. Jan. 123 113 87 87 Jan. 126 109 June 17 June 4 June 10 28 115$* Jan. 111 117$* June 17 117$* 118 116$* June 1 117$* 116$* 118 116$* June 29 117$* June 107X1 „M 107 3 107$* 90 1053* Sale 99 91 25 Jan. Mar. Mar. Mar. 108 1163* 122 783* Sale 25$* Sale 101 100 91 6 May Jan. Mar. 15$* June 108 May 109 110 123 8 110$* June 11 90 1 12 June 23 109 Sale 593* 106 106 96$* 16$* 833* 109$* June (♦ Radio Keith Orph pt pd ctfs Ac com stk (65% pd) 16,000 ♦♦Debenture gold 6s —.1941 J D 166,000 Read Co Jersey Cen coll g 4s 1951 A O 122,000 Gen Ac ref 4H* series A J —1997 J 122,000 Gen Ar ref 4 H> series B J 1997 J 189,000 Remington Rand deb 4^s w w—1956 M S Gen mtge 4$*s series C 122,000 Revere Copper At Brass 1st 1 120 723* Sale 106 108$* June 1093* June 117 116 "95$* 110 Gen mtge 4Hs series B Purch money 1st 5 June ■ 115$* 106$* 113$* 98$* 103$* 103$* 103$* 116$* 112 113$* Jan. 119 A 442,000 Portland General Electric 4 H*—1960 M S 30.000 1st 5s 1935 extended to 1950 J J 318,000 89,000 359.000 9 110 110 1st gen 5s series B 652",65o June Mar. 6 Mar. 107 96$* Apr. 118$* June 11 Jan. 109$* 106$* 112$* 1165* 116$* 103$* Apr. 109$* Apr. 7 1123* June 8 99$* June 119$* June 16 Sale 110 94 105$* Jan. 108 9 106 87 102 Apr. June 109 107$* 109 1093* 110$* 1103* Sale 1093* 111 110$* 111 O 106$* Jan. Jan. June 22 114$* D 6 19 107 113 107"" II—I .1958 J .1959 A 110 109 107 .1964 MN .1970 I D 1 107$* Jan. Apr, Apr. June 100 A Feb. Mar. 108 Sale 7 3 101$* Feb. 106$* Jan. 28 1133* 113 1123* June 112 1123* 112$* Il4"" 1123* June 98 June 983* Sale 993* Sale 118$* 1103* 1173* 101$* 14 13 90$* Apr. 103$* Mar. 109$* Feb. 100 May 113 4 Jan. 104$* 99$* 99$* 103$* 1 Sale 28 Jan. 77 122 104 June 29 Sale 10 Jan. 50$* Feb. 100$* May 101$* May 104 May 14 7 100$* June 4 105 75$* Mar. 17 91$* May 28 101$* June 18 109 g 5s June 99$* June June 26 103 Jan. 85 58 105 X Feb. June D conv 106 June 111 104 June 22 Apr. June June Jan. June Apr. 1003* —- 103 90 June 23 104 June 23 June 18 1053* June 9 June 28 104 June 28 June 9 107$* June 9 104 105$* 108 1023* Sale 1003* Sale ser A. .1948 J .1962 F 58,000 Porto Rlcan Am Tobac 1,198,000 (♦Postal Teleg Ac Sable June 22 105 108 X 110 v Sale Sale 105 X .1960 A O ... .... 112 .1949 F .1975 A O J .1977 J .1943 MN A 90 1003* .1953 J D .1957 MN .1945 MN Pitts At West Va 1st 4V4s 1st mtge 4Hs series B ----- 96 49$* June 4 59$* June 29 68$* June 1 117$* June 23 117$* June 23 105$* 1033* 1043* 104 105 107X 90 1113* 1133* 113$* 1133* 1053* .1942 MN General g 5s ser B General 4 Hs series C Pitts Va At Char 1st guar 4s 95 117 A .1942 Con 4s series H guar g Con 4 H' series 1 g Con 4Hs series J guar....... Gen guar 5s series A 104 117$* J Con 4s series D guar g Con 3Hs series E guar g Con 4s series F guar g_——. Con 4a series G guar 5,000 122,000 110$* 60 99$* 86 93$* 39$* 59$* 116$* June 23 114 4Hs series C guar g g 100 X 102 106 X 107 46 121H 125 .1940 A guar g 117$* 853* 443* 45 125 1943 4 O ...1952 M N P C C Ac St L g 4H> series A Con 4H> series B 122 X 123 H 65 90 1 99$* June 93 H 100 A D (♦PbMa At Read C At 1 ref 5s 1973 J ♦Convertible deb 6s..........-1949 M 67 48 Sale Sale 1103* Sale Phlla Company secured gold 5s.1967 J D Phila Electric 1st & ref 3$*8_——1967 M S Pirelli Co (Italy) conv 7a Sale 913* 913* 983* Sale 45 88 4 5 June 26 98 9 100$* June 19 86 June 17 91$* June 1 June 2 93$* June 28 100 116"$*' 1977 J 1981 J Philippine Ry 1st 30-yr s f 4a Ptllsbury Flour Mills 20-yr 6s 39X 693* 1133* 1143* P 1974 General 4H« series D Con 99$* Sale 108$* Penn Pow At Lt 1st M 4Hs 1981 A O 5,000 Penn RR consol gold 4s .-1943 M N 28,000 Con sol gold 4s .....1948 M N 15,000 Stamped dollar bonds... —1948 M N 525.000 Gen mtge 3$* » series C—..—1970 A O 76,000 Consol 4H* Issue of 1915......I960 652,000 General 4Hs Series A—......1965 218,000 General 5a Series B.........-.1968 616,000 Debenture gold 4 Hi 1970 299,000 General 4Hs series D.........1981 243,000 Gen mtge 4series E........ 1984 1,515,000 Conv deb 3 $*8 1952 9,000 Peoples Gas A Coke 1st 6s...... 1943 29,000 Refunding gold 5s .....—1947 M S 25,000 Peoria Ac East 1st cone 4a...-.—1940 A O 26,000 ♦Income 4s (flat) 1990 A O ■ 13l"666 65 74 1944 . 9651666 Sale Sale 38X Pennsylvania Co— Guar 3Ha tr ctfs series A 1937 M S 1,000 Guar 3H« coll tr ctfs ser B 1941 F 8,000 Guar g 3Ha tr ctfs aeries C—1942 J D 8,000 Guar g 3Ha tr ctfs aeries D...1944 J D 19,000 40-year guar tr ctfs 4a Ser B..1952 MN 453,000 28-year 4s ...1963 F A 122,000 Penn Dixie Cement 1st 6s A 1941 M 8 20,000 Penn Glass Sand 1st mtge J D 79.000 68 100 Ibi'x Sale" Paris-Orleans RRExt conv Sale 1947 debenture Parmelee Trans 74 100X Sale 1955 4 104 383* Sale 39J* 42 Paramount Broadway Corp— 126,000 7 102X Jan. 99$* May 25 102X Jan. Apr. 10 105$* Jan. 98$* Apr. 9 104 $| Feb. 166 June 30 22 June June 26 101$* June June 3 99 5 7 June 12 Mar. Feb. 17 June 116 Feb. 104$* May 11 60 June 25 9 91$* Jan. 84 Jan. 9 52$* Jan. 18 116$* Mar. 10 108$* Apr. 28 28$* Feb. 19 20$* Mar. 25$* Mar. 19$* June May 32$* Jan. 34$* Jan. 23 99$* Apr. May May 100 Apr. 98$* Apr. 107 97 1 8 2 8 29 104$* Jan. 4 112$* Jan. 21 20 101"32 Jan. 22 14 103$* Jan. 6 Jan. 28 17 102 * July, 1937] Sales in N. Y. STOCK N. 29 PRICES IN JUNE Price bonds June Value EXCHANGE-BONDS RANGE SINCE JAN. 1 Jan. 2 Y. STOCK EXCHANGE June 1 1937 Ask Bid St Louis Iron Mtn Ac South— 152,000 ♦*r|y«r Ac Gulf DIt 1st a 4s...1933 MN 34,000 ♦Certificates of deposit.. 10,000 {*StL PeoAcN W 1st 5s 1948 j"j j 21,000 St L Rky M & Pac 5s stmpd 1955 j J*St Louis-San Francisco Ry— J 182,000 ♦Prior lien 4s series A ...1950 j 41,000 ♦Certificates of deposit.... 64,000 ♦Prior lien 5s series B 1959 j""j 66,000 ♦Certificates of deposit....... 363,000 *Con M 4Hs series A 1978 M S 403,000 ♦Certificates of deposit stamped. 78,000 {St Louis Southwest 1st £ 4s 1989 mn June 30 Ask Bid Bid Lowest Ask Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices „ 46,000 112,000 Not 1989 j ♦♦1st terminal Ac unif 5s......1952 J j 1990 J 4s.. 1948 J J *2d gold 48 income bond 12,000 ♦Gen Ac ret 5s series A St Paul At Dulutto 1st consoi {♦lit Paul B Grand Trunk 4 Ha -1947 J 47,000 {♦St Paul Ac K C Short L guar 4Hal941 f St Paul Minn Ac Manitoba— j d J Sale Sale Sale 31% Sale 33 28 H 61 51 , A O ...... mn 76 H 75 June 17 June 28 793* June 12 80 36 75 32 36 June 21 79 36 Sale 82 H 83 823* June 26 Sale 21 24 24 Sale 213* June 28 19 18 Sale 35 82 H 263* Sale "24"" Sale 213* Sale 87 H 86 Sale 65 52 "29 3* 20 20h 24 H 105 065* 107H 23 5* 124 02 1023* 12H H3 095* 1105* .14 39 H 46 40 42 39 H 44 40 Sale 21 Sale 101zs32Sale 1035* 106H 1183* Sale 102 Sale 1103*' Sale 108 % 109 113 1133* 25 H 30 30 26 25H 25H ----- 30 Sale 305* Sale 10 114 27 A O a o Sale 27 H F A Sale .1959 A O Sale ♦Certificates of deposit....... cons 4s series A ....1945 ms ♦Certificates of deposit..... Sale 9H 13H 14 H 13H 14H 17 5* Sale 16 173* 33 35 ..... 236,000 64,000 679,000 221,000 5,000 ♦♦Refunding g 4s ♦1st At ♦♦Atlan-BIrm DIt 1st g 4s.May 1933 {Seaboard-All Flo 1st 4s A 1935 ♦Certificates of deposit..... 198,000 Series B m~s 19 % 35 Sale 38 13 H Sale 135 111] 101 80 102 J 135* 113 Sale 83 103 H 121 Sale Sale 105 % 107 Sale 104 % 105 % Sale 98% Sale 1,000( South Ac Nor Ala gu 5s.. 59,000 ISoutb BolIT At T 1st a 1963 A 1941 J f 5s 74,000 Southern Calif Gas 4H> 1st mtge Ac ref 4s 105,000 ....1961 M O 125 J 108 Sale S 1965 F A 45,000 Southern Colorado Power 1st g 4s '47 J Southern Natural Gas— J 1st mtge pipe line 4Ha 87.000 1951 A O 203,000 Sou Pac Co 4s Cent Pac coll Aug. '49 j d lst4H< (Oregon Lines) ser A..1977 M 8 329,000 Gold 4Hs 1948 M 8 325,000 Gold 4Ha May 1 1969 M n 439,000 Gold 4Hs 445,000 1981 M N J 10-year secured 35*8 592,000 1946 j "lan Francisco Term 1st 4s.... 195# A O 201,000 2,000 So Pac off Calif 1st cons 5s......1937 MN South Pac Coast guar 4s """562 1937 J J 271 "606 Southern Ry 1st cons 18 June June 17 June 18 86 June 10 June 1 80 june 50 June 18 45 H Sale 453* June 30 1 35 513* June Sale 33 37 4 80 June 30 Sale Sale 88% 99 % 1025* Sale 109H HOH 108 103 101'*32 105 S'weatern Gas Ac Elec 4s ser D...1960 {♦Spokane internet 1st g As....1955 Staley (A E) Mfg 1st mtge 4s 1946 Standard Oil N J deb 3s ......1961 153* 19 Sale j 106 5* J f a j d 1943 j 33 2* d Tenn Coal Iron At RR gen 5s_.___1951 i \ Tenn Copper db Chem— ......1944 m Sale Feb. 20 4 119 3 113 124 4 1 110 110% June 1093* June 995* Apr. 1083* Apr. 1053* Apr. 110 Apr. 2634 June 25 3* June Sale 102 June 110 108 % Sale 107 % June 1135* 1133* 1133* June 203* 23 3* 25 dill 35 26 28 26 "31"" UH Sale 6% a7H 113* Sale 11 143* 26* 114 263* June 253* June 273* June 26 Sale Sale Sale 30 ser B 3000 J June 93* June June 15 June 143* June 183* June June June 17 % June June 303* June 24 Sale 99 108H Sale 1013* * 99 h June 7 96 3* June 10 4 953* June 903* June 10 905* June 10 June 71 89 Sale Sale Sale Sale Sale Sale 88 1043* 1003* 223* 1043* Sale 97 3* Sale Sale" 101 94 1033* June 963* June Sale Sale Sale 1043* June 1003* June 22 1053* 1013* 285* 1045* June June June June June 1 102 8 99 Mar. June 1 22 Sale' Sale 107 3* Sale 106 June June 21 121H 123 883* 1952 fa 893* 91 90 H 90 3* Sale 106 X Sale 20 121 Sale 121H il5H H5H 1093* 1095* 115 113] 101 Sale 101 Sale 119 June 1 4 Jan. Feb. 6 20 Jan. 20 Feb. Feb. Feb. Feb. Jan. 105 Jan. 955* Feb. 1093 Jan. 106 Jan. 40 Feb. 101 Mar. 106H Jan. Mar. 95 June 14 119 Feb. June 1013* 1 142 1 1073* June 16 June 18 1473* June 2 17 114 June 25 102 Jan. 8 8 15 8 12 16 9 1 4 20 5 2 qq 103 % June June 85 1033* June 93 106 June 1073* 116 June 116 Sale 108 June 109 1043* June Sale Sale 104 1025* June 108 1073* 1123* 1075* June 122 June 1183* 1223* 119 June 1033* 1003* 1013* 101 103 June 1003* Sale 100 Sale Sale 100 1093* 10834 109 100 108 123 1045* 1033* 1033* 1093* 523* 26 3* June Sale 46 June IV* 89 Sale 14 June 98 Jan. Jan. 21 21 1 117 Apr. 25 126 Jan. 21 4 103 Mar. 19 105 June 26 104 Jan. 10 Jan. 18 Jan. 6 Jan. 6 Jan. 5 Feb. 19 Jan. 4 Jan. 29 Jan. 12 Feb. 15 Jan. 10 Jan. 4 June 11 Feb. 3 Feb. 4 Jan. 11 1 85 106 Mar. 23 1095* 115 118H 11134 108 H 105 H June 11 June 8 June 9 Apr. 21 1053* Mar. 22 1035* Mar. 18 9 100 Apr. 105 Apr. 30 Mar. 18 118 101 Apr. 15 June 16 100 June 10 June 11 100 1285* 1065* June 28 108 June 28 108H Apr. 7 1093* 7 46 June 29 5 14 June 28 7 89 June 30 101H 3 9 June 1003* Sale 100 June 793* Sale 1043* 105 793* Sale 1043* Sale 793* June 1 813* June 1033* June 29 1053* June 983* June 110 June June q*; June 1003* June 89 993* 100 140 Feb. 17 9 1075* Jtfoe 16 June 2 June 17 June 2 Sale 99 1023* Mar. May 19 195 May 17 143 1055* June 23 5 1043* June 1083* June 47 June June 14159 105 June 1223* 1193* June 29 1203* June 5 9 995* June 23 735* 463* 975* Apr. 29 1003* June 73 101 Jan. 25 83 Jan. Apr. 20 108h Jan. 97 h May 18 103 9 19 6 Jan. 15 Jan. 7 103 104 1035 June 18 104 June 18 117 102 H Apr. 28 107h 116 Apr. 14 118 115 June 16 123 90 Jan. 4 100 . 116 115 June 16 1153* June 10 1153* 118H 114 98 Sale 8 973* 983* 97 H June 28 983* June 93 95 June 2 973* Sale 973* 975* June 30 .... 96 943* Sale 975* 1043* 105 1033* Sale 18 % 163* 18 117 1173* 118"" Sale 111 Sale 1093* Sale 1113* Sale 1123* Sale Sale 1065* Sale 106 1153* Sale 115 114 96 H Sale 95 953* 963* Sale 955* Sale 1073* 108 1063* Sale _ 107H 108 88 June 1053* June 110 Sale 90 853* Sale 1063* 1073* 106 117 115 1153* 973* 103 Mar. June 98 Sale J 1083* 100h 1123* 853* 1053* 1103* 1053* June 101k Sale 1955 Mar. June 28 June 1 2 4 Jan. 91% June 1015* May 933* June June 22 22 22 103 Sale - 103 21 Jan.1 June June 783* 973* 1013* 1033* 993* 1033* June 89 1043* Sale 1103* 965* Apr. 1063* Jan. 1013* June 71 Sale 107 H 1083* 122 h June 93 9 5 11 Jan. Jan. Jan. Jan. Jan. June 723* Sale 913* Sale 1053* 103 % 1073* 121H 102 % 102% 108H Feb. Jan. June Sale 108 102 3* 973* Apr. 913* Apr. Apr. Sale 88 2 5 June 21 1015* Apr. 10 106 1033* Apr. 12 1065* Jan. 20 Sale June 8 Jan. June 21 108 Jan. Mar. 23 1075* June 105 105 97$ I1I3* Sale Jan. May 101h 76 108 9 20 Mar. 3 243* Mar. 2 823* Feb. 11 6 1025* Jan. 6 107h Jan. Jan. 23 130 104 June June Jan. 893* Apr. 100 73 1003* Feb. June 8 14h Jan. 15 1173* Mar. 11 973* Mar. 1005* Apr. 118 Apr. June 29 89 June 7 June 29 1005* June 9 June 7 1085* June 18 June 16 1013* June 16 June 7 143* Jan. 102 June 913* 102 H 103 1033* "983* Sale "933* Sale 93 3* 102 H 1023* 1033* 1023* 5 Jan. June Sale 5 5 5 8 Mar. Apr. 108 109 ft 278,000 Union Pac RR 1st At land gr g 4s. 1947 First Ac refunding 4s June 3008 M 8 278,000 1st lien Ac raJ 5a.........June 3008 M 8 29,000 34-year 3 Hs debenture .....1970 A O 147,000 35-year 3Hs debenture 1971 MN 167,000 42,000 United Biscuit (Amer) deb 5s...1950 A O 101 June 28 June 28 8 225* Mar. 383* Jan. 503* Jan. 183* Mar. June Jan. 233* Mar. Jan. 68 Jan. Jan. 20 63* June 107 3* June June 3 4 363* Mar. 133* Mar. 203* Mar. 63* June 28 2 106 j 33,000 UJlgawa Elec Power secured 7s..1945 1957 92,000 Union B1 Lt 9c Pow (Mo) g 5s 1945 6,000 •{♦Union SleT Ry Chic 1st 5s 54,000 Union Oil Cal 30-yr 4s ser A Afiey 1942 3Hs debentures 1952 1,664,000 80 97 107 June June June m 39,000 Tol St For footnotes, see page 30. 81 108 Sale J 72 8* 63* June 113* June 103* June 123* June 113* June 3034 June if* 5 Jan. 11 29 14 Feb. 15 Jan. 22 44 433* Feb. 15 Jan. 121 2 Feb. 17 i# 1133* June 100 3 1035* Mar. 1123* Jan. June 27 24 Mar. 27 June 1043* June Sale ........... ff* Sale 1113* O 9,000 Tyrol Hydro-Elec Power 7 Ha Guar sec s f 7s 8,000 June 28 84 Sale Jan I960 A 1949 M Tri-Contfn'l Corp conr deb 5a ser A'53 J 1 June 22 122 843* Sale 1033* 1033* 1063* 3 June 983* June 17 100 1033* June 1 1055* June 833* Sale 120H L Ac West 1st g 4s 1950 a o Tol W Va Ac Ohio 1st guar 4s C..1942 m s Tor Ham Ac Buff 1st 4a 1944 I d June 983* 103 H Sale 85* June 273* 26 104 Sale Trenton Gas & Elec 1st 5s 98 1043* 1045* 1013* 102 H 1083* 1103* 136"' June 37 Mar. 1053* Sale 110 J 1 June 21 1053* June 105 J* 106 106 June 29 1075* June 1043* 1043* 1043* June June 1 106 1053* Sale 1053* June 1 1065* June 1253* 126 J 1937 I 1952 J 71 122 J d June 1053* 105 8 J 9 June 313* June 29 28 June 5 63* June 28 104 J* 142 1940 J Third Are RR 1st gold 5a Tidewater Assoc Oil deb 3Hs Sale 147 Gen Ac ref 5s series C._... ....1979 Gen At ref 5s ser D. ...1980 ID Tex Pac—Mo Pac Term 5H> A—1964 M S ♦Adjustment Income 5s Sale 1063* Sale ........1977 A O Third Are 1st ref 4s 99 105 H 105H Sale d Corp deb 3Hs .........1951 J cons g 5s ..........1943 J t exas Ac Pacific 1st g 5s "72"" 167 Sale T Texas Ac N O 70 119 A 9 114 June 63* 113* 10 h 123* 113* 303* 1 9 June 23 27 June 24 June June 273* June 10 273* June 9 June 27 June 263* June June 1133* 20 1043* Sale 1053* 1013* 28 5* 104% 97% 8 18 1035* Jan. 1065* Jan. 163* June 17 Sale Sale" Jan. 1013* June 1013* May Sale 1183* 119 54 .093* Jan. 3 Sale A Apr. lOl^June 1 1043* June 15 j g 5s 1944 F Gen ref ■ f gold 4s 1953 J 1 exarkana Ac F S Ry 5Hs A guar. 1950 f cons June Sale 101 4 1013* 1013* June 1043* 104H 1043* June 117 Sale 1163* June 101% Sale 1013* June 8 Tenn Elec Power 1st 6s series A..1947 J d Term RR Assn of St L 1st g 4Hs..l939 A O 33 Jan. 745* Feb. 19 653* Mar. 8 283* May 163* June 105 105 158 123 .00 45h- June 106 % 78' ' 94 Sale mn Symington-Gould Corp— 11st mtgeconr inc (with warr).1956 f a HWithout warrants.........1956 f a Conr deb 6s serle* B "93" June 25 1223* 89 H Sale Sale 65 June 106 15 June 28 Sale Tokyo Eloctrlc Light (Ltd) 1st M 6s S Series June 18 1951 J d 155,000 123,000 Toledo Ac Ohio Cent ref Ac Imp 3j*a '60 J d 23*666 June 925* June 28 Sale 1951 J ♦Studebaker Corp conT deb 6s.. 1945 j 1950 m 201,000 Swift ft Co l*t M 3Hs "1*066 20 Sale 103 H Gen ref 5s 5 5 Sale St Louis DIt 1st g 4a exas 253* June 233* June 93 H Sale First June June 29 June 28 933* Sale 335", 000 21,000 109,000 35,000 5,000 45,000 135,000 519,000 3,000 34,000 69,000 91,000 84,000 19,000 563,000 936,000 116,000 493,000 June 173* Sale 1956 A St*ten Isl Ry 1st gu g 4 Ha. 32,000 22 Sale Sale Sale Sale Sale Sale Bast Tenn reorg lien 5s 1938 m s 25,000 Mobile At Ohio coll tr 4s 1938 m s 45.000 95,000 Southw Bell Tel 3 Hs series B....1964 j d 6,000 12,000 99% Sale 94 % 89 H Derel At gen 6s series A.......1956 A Dstsi Ae gen 6Hs series A.....1954 A Memphis DIt 1st g 5s.........1996 J 39,000 1 8 94% 105 H Sale Mar. 6 Jan. 13 Mar. 8 Jan. 11 Mar. 8 Mar. 8 June June 29 June 29 Sale 108 7 37h 33h 363* 333* 333* 303* June 25 22 Sale 5s„..._.._1994 J Ootoi At gsa 4s series a 807,000 234,000 219,000 7,000 97,000 65,000 57,000 385,000 Sale 71 J South Pac RR 1st ref guar 4S....1955 J 48 stamped..... 1955 105 H 106 Jan. 83* June 63* June 28 108 Sale 1083* Sale 107 3* June 14 1093* June 98% Sale 97% Sale 963* June 25 993* June 84 H 87 80 88 % 82 3* June 88 J une 2 983* 67 June 66 9 June 653* 60 "20"" 23 223* 213* June 4 233* June 1065* 1950 A O 85 6H 102] 106] 280,000 Socony-Vacuum Oil deb 3H« 23 26 50 Sale Sale "565* 8 Jan. 20 833* 7h 503 f 4Ha Jan. 82 Sale 7H Sale "68" a 48 82 54 H Sale ....1951 M 8 ♦Debenture 895* Feb. 15 883* Feb. 17 June 21 5 7 18 Sale Sale 8% 11,000 ♦Silesia Elec Corp i^i.. .......1946 F A 7,000 SUesian-Am Corp coll tr g 7s 1941 F A j 260,000 Skelly Oil debenture 4s ....1951 J June 17 263* June 253* June 263* June 1935 ♦Certificates of deposit 55,000 67,000 Sharon Steel Corp cony deb 4^8.1951 M S 451,000 Shell Union Oil deb 3H® 1951 M S 21,000 Sblnyetsu Bt Pow 1st *Ha 1952 1 D j ♦♦Siemens 9c Halske sec s f g 7s..1935 J 37". 666 Sale June 28 107 107 39 203* 18 % 75 75 36 823* June 22 1 5 June 21 June 173* June 29 24H 28 51H Sale 29 393* 65 05H 33 03 % ...... 34 H 33 30H Sale 28 H Sale 99 99 5* 695* 70 % 225* J Sale 35 70.000 1T5s extended to July 1 ....1943 J tPaclflc Ext storting guar 4s_. 1940 J 9,000 46,000 lit Paul Union Depot 1st 5s guar. 1972 J 288,000 iSan Ant Ac Aran Pass 1st guar 4S.1943 J j 28,000 .Sun Antonio Public Serr 1st 6s A. 1952 J 63,000 San Diego Cons G At El 4s 1965 MN 7,000 Santa Fe Prase At Phonfx 1st 5s..1942 M S J 75 71 40 % 77 90 a 6,000 {♦iSchulco Co guar i^s 1944 10,000 ♦Stamped ♦Guar sinking fund iH* B 4,000 1946 6,000 ♦Stamped 6,000 Sclo VaU At N E 1st guar g 4s 1989 10,000 ♦{♦Seaboard Air Lino 1st g 4s ..1950 ♦♦Stamped 4s ...1950 121,000 ♦ 4,000 Idjustment 5s Oct 1949 Sale 79 85 45 84 3* 94 H June 10334 June 163* June 117 108 June ' June 1103* June 1053* June 114 June 953* June 953* June 1063* June 975* June 29 1043* June 10 18 118 June 29 June 22 111 June 1 9 1133* June 107 h June 9 116 June 4 973* June 10 96 3* June 1 109 June 8 90 Mar. 22 Mar. 10 Mar. 8 Mar. 10 975* June 30 Jan. June 29 June Apr. 30 Jan. 25 Jan. 7 Mar. 10 Jan. 15 June Apr. June Mar. Apr. Jan. Jan. May 18 Apr. Jan. Jan Apr. May June 7 2 1 h EXCHANGE-BONDS N. Y. STOCK 30 Sales in Y. N. Value STOCK 134 Co (Del) 5® UNJRR* Canal Co tfen 4s United Drufi ♦{♦United Ry® St L lat 8 4a Fdy con* deb 34» U S Rubber lat & ref 5a aerlaa U S Pipe & ♦United Steel Wka ♦64* aerleaC.. ♦Sinking fund deb A.. A.. — •« A— k Trac lat 8c ref 5®_. Utah Power At Light lat 5a.,,—. Utah Light {♦Utilities Pow 8c Ltg ♦Debenture deb g 5J4«- 5a... ———• Vanadium Corp Vandalia tonaol 150 Sale 4 "274 "29~" 1034 1054 Sale Sale Sale Sale 1024 1034 1104 Sale 1044 1034 Sale Sale 87 83 81 794 95 Sale 103 Sale 88 34 944 June 9 804 June 11 97 June 22 97 June 2 June 4 32 June 1 32 344 June 8 274 304 284 1044 774 954 Sale Sale Sale Sale Sale Sale Sale Sale Sale 65 Sale 80 243,000 Warner Bros Pictures conr deb 6sl939 203,000 {♦Warner Quintan con* deb 6a. .1939 1941 42,000 {♦Wanen Bros Co deb 6s Warren R R lat ref gu g 34s 2000 1948 "i',666 Wash Cent Ry lat g 4s 1945 10,000 Wash Term lat guar 34* 754 1014 96 1945 274 354 284 1054 June June June 80 96 934 June 30 464 June 1 55 June 23 106 Maryland 1st g 4s.........1953 series A......1977 N Y & Penn Gen gold 4s—1943 Sale 104 107 107 1074 Sale 1074 1084 108 West First A ref 54s West {♦Western Pacific 1st 1114 105 112 Sale coll tr 5s........ 1938 Fund Ac real eat 44s gold 1950 Gold 1951 I960 5s Gold 5s Sale Sale ♦Westphalia Un El Pow 6s.......1951 West Shore lat 4s guar.........2361 Registered.... ........2361 Wheeling & Lake Erie Ry 4s D..1966 Wheel 8c L Erie RR lat con g 4s.. 1949 Wheeling Steel Corp 44s aer A..1966 White Sewing Machine deb 6s...1940 Sale 954 1,000 43,000 31,000 Conv deb 8c Tube— 34®-——.........1951 4s serlea C.........1961 1st mtge a f t Accrued interest payable at late ef $4.8484 to the £ sterling. the exchange X Companies reported as being in bankrutpcy, teceivership, or being reorganized under Section 77 el the Bankruptcy Act. or securities assumed by a the n r Negotiability impaired by maturity. Bend selling flat. 5 Called for redemption. z ♦ e 14 14 10 3 1024 Feb. 9 13 22 Jan. 1094 June 29 106 June 9 June June June Sale June June June June June June June 07 June 094 June June 00 June 244 214 244 Sale 914 Sale 88 864 Sale 107 106 110H 113"" 1094 110 33 June m Sale 99 344 June June June 1034 104 34 36 106 Apr. 2 Apr. 1 1064 Feb. 11 102 Mar. 23 034 June June 18 38 101 June 17 384 June 23 224 154 15 104 1034 June 14 105 Sale 1004 June 18 1014 Jan. 108 23 Sale 22 19 24 25 11 164 154 104 164 June 28 16 June 28 7 9 2 31 15 7 June 15 Jan. 23 Feb. 19 Jan. 11 Jan. 4 Jan. 6 Jan. 2 Jan. 19 Mar. 3 Jan. 20 Jan. 18 June 3 Feb. 6 18 Mar. 8 Jan. Mar. May June : 6 Mar. 324 May June June 8 Jan. 994 Feb. 22 15 1054 Jan. 21 21 106 May 13 1 284 June 30 284 June 28 8 2 1004 June 25 1 894 June 29 4 884 June 25 87 June 24 10 19 Mar. 24 21 89 June 29 10 86 June 2 25 3 105 Mar. 13 106 Apr. 28 23 5 974 Apr. 12 3 1024 May 20 June 9 Apr. 30 1 04 June 8 12 15 254 34 37 Sale .11 June 15 June 7 June June 1 8 184 June 17 June 1 2 June 1394 1254 June 17 137 1344 125 June 28 1014 June 1014 Sale 1004 Sale 100 8 1 20 June of the current included in year's range. Cash sales, only transactions \ were transacted 26 99 25 22 Jan. 7 Jan. June 9 Jan. Mar. 2 8 4 7 244 Mar. Jan. 164 June 16 June Jan. Jan. 1234 Jan. 27 1624 Mar. Jan. 984 Mar. 23 105 during the current month and are not cluded in the monthly or yearly range: In¬ 944. The following deferred delivery sales were trans, acted during the current month and are not Manila RR. 4s 1939, June 14 at z transactions of the included in year's range. sales Jan. 1034 May ; 1064 Mar.; June 15 June 8 Under the rule sales, only cash 25 Jan Sale following Jan. Feb. Jan. 024 June 014 June 244 June 924 June 874 June Ex-interest 1014 June 76 80 117 June Deferred delivery sales, only transactions of current month, and not included in year's The June 23 Feb. 19 116 June month, and not 934 June 30 1004 Jan. 444 May 17 554 Jan. 55 77 8 1 Sale current month. and not Feb. 994 Mar. 12 1 1044 Mar. 24 Sale range. tuck companies. * Sale Sale Mar. 31 90 2 June 24 1284 1044 40 1094 Mar. 16 June 119 01 Sale F A Mar. 17 1194 June June Sale 6 44 1074 June Sale 904 904 894 264 104 6 394 Mar. 10 7 Sale Sale Mar. 434 Mar. June 25 101 1014 Sale 1004 Sale 41 May 29 274 June ! 304 June 284 June 104 Apr. 774 May 94 Apr. Feb. June 324 MN 294 June ! June 30 1104 Jan. 02 115 Sale Youngs town Sheet 2 June {♦Worcester 8tConn Eaat Ry 44el943 192,000 553.000 3 June June 1034 ♦♦Sup 8c Dul DIt 8c Ter lat 4a. 1936 ♦Certificates of deposit June Sale Sale 634 ♦Certificates of deposit.. 9 3 Sale W* 29 Sale 364 J June 1074 1024 Sale 324 1034 104 {♦Wlckwlre-Spen St'I Co 7s.Jan 1935 Ctfa dep Chase Nat Bank. 104,000 82,000 Wllkes-Barre 8c Eaat lat gu g 5a. 1942 1938 7,000 Wllmar 8c Sioux Falls lat 5a 240,000 Wilson 8c Co 1st M 4s aer A......195 Wlnston-Salem S B 1st 4s 1960 70",000 {♦Wisconsin Cent lat gen g 4a..1949 1 June 1024 1004 Sale 33 994 {♦Wickwire-Spencer Steel lat 7S.1935 J Ctfa dep Chase Nat Bank... 15,000 1 62 102 Sale Western Union June 084 084 334 324 Sale 5s aer A...1946 ♦Assented. 5 June 15 June 7 954 June 3 101] 109 470,000 97,000 15,000 148,000 257,000 219,000 219,000 620,000 695,000 18,000 181,000 45,000 110,000 5,000 237,000 16,000 June 49 June 30 107! 1064 Sale 22 1104 May 27 Sale June 21 Sale 1064 1064 106 1184 June 16 1194 1204 118 i' 120 Sale 119 June 1 119 Sale 119 5 Sale 1094 1094 1084 June 109 1044 June 2 104 1054 1044 Sale 1234 1094 5 109 110 Sale 27",000 June June 21 964 June 23 Wash Wat Pow 1st ref 5a 1939 5,000 Westchester Light gold 5s.. ....1950 17,000 West Penn Power 5s aeries E....1963 1st mtge g 4a series H.........1961 12,000 1st mtge 34 s series 1 93,000 1966 ... " 33 June June June June 754 1014 1014 June 1074 1084 106 109 21 Jan. 86 1064 Feb. 3 81 Apr. 5 714 Jan. 8 994 Jan. 27 444 Mar. 8 414 Mar. 6 44 Mar. 17 June 63 35 29 Sale 804 16 May June J Jan. June I June'25 yyy, y-yrv 8 1034 Jan. 984 Jan. June ! 32 Sale" 1074 Jan. June 97 11 Jan. 30 Feb. 27 1014 Feb. 10 : 80 June 22 294 June 30 32 June 1 294 June 28 334 Sale 80 Apr. Apr. 67 110 June ! 744 624 974 294 624 684 Mar. 17 12 4 414 Jan. 824 Feb. Sale 1044 Mar. 87 36 32 June ! 1094 Jan. 94 80 974 Sale Sale Sale 2 Jan. 27 June : 101 June 30 June 16 734 34 32 June 21 Jan. 1044 Mar.! 57 Apr. ! 103 Apr. 794 ! 62 4 3 20 Jan. Apr. 6 1104 Apr. 16 1134 Jan. 27 54 Jan. 16 1104 Apr. : 1104 Mar. 9 Jan. 7 Jan. 8 Jan. 11 Mar. 9 Feb. 18 Mar. 3 Mar. 3 Mar. 3 Mar. 2 111 984 Jan. 4 June 28 Sale Sale 5 June 23 June 12 June 21 June 3 June 5 34 June June 21 Sale 93 9 4 3 21 ----- 34 64 98 June June 22 June 23 244 June 5 June 5 25 109 60 June 1 14 June 23 10 105 16 974 June 25 29 1054 June 5 3 20 24 Sale 115 100 112 June 25 1014 1004 June 29 1034 June 100 111 III"" "III Iii"4"june""3 Iii4'jun"e""3 20 224 1074 June 1074 Sale 1084 Sale June 58 594 58 60 Sale 1034 June 1034 107 1034 105 954 June 954 97 96 Sale 225,000 {♦Wabash RR lat gold 5a ♦Second gold 5s 7,000 ----•1st Hen 50-year gold term 4a, "2*666 ♦Det 8c Ch Ex 1st g 5a... ♦Dea Molnea DIt lat g 4a—... ♦Omaha DIt 1st g 34«-~ 12,666 ♦rol 8c Chic DIt 1st g 4a 102,000 {♦Wabash Ry ref 8c gen 54a A.. ♦Certificates of deposit 5,000 ♦Ref 8c gen 5s (Feb '32 coup) B. 28.000 ♦Certificates of deposit ♦Ref A gen 44s series C 149",000 ♦Certificates of deposit 10,000 ♦Ref 8c gen 5s series D 12,000 ♦Certificates of deposit..... 2,000 1945 283,000 Walker (Hiram) G & W deb 44a. 1955 221,000 Walworth Co lat mtge 4a 1955 6s debentures ........ 16,000 4s Sale Sale June 24 June 25 120 130 1064 Sale 1064 June 30 1074 284 June 2 30 334 294 294 June 11 30 294 8 294 294 "30"" 28 4 June Sale 974 June 29 1004 98 98 June 2 101 1004 Sale 51 Sale 50 June 14 50 50 Sale 49 June 11 494 Sale 954 May 19 1034 May 5 1144 25 June 24 364 120 June 25 1704 1054 Apr. 2 1074 22 Jan. 20 334 244 Mar. 19 324 22 Jan. 14 324 964 May 21 1054 98 June 2 1064 69 50 May 14 49 May 14 674 97 4 June 7 1114 June 29 284 June 1 June 14 1064 197,000 Virginia El 8c Pow 4a aer A 1955 1949 2,000 Va Iron Coal 8c Coke lot g 5a 12,000 Va 8c Southwest lat guar 5a 2003 First cons 5a....—.——...—1958 64,000 446,000 Virginian Ry lat 8c ref 34a aer A-1966 1st 40-year guar Sale Prices 25 120 106 Sale 24 Highest Sale Prices 954 June 28 264 25 150 994 Lowest Sale Prices 111 112 111 Sale 98 J 1133 (Am) coat 5a...1941 « 4a A.........1955 Conaol 4a Serlea B ... *95? "U666 14,000 ♦♦Vera Cruz & Pacific lat •♦July 1914 coupon off.. 1942 120",666 ♦Vertlentea Sugar 7a ctfa 45,000 "364 Sale 954 Sale 112 27 Highest Sale Prices Ask Ask Bid Ask Sale Lowest June 30 June 1 1937 EXCHANGE RANGE SINCE JAN. 1 JUNE >w. Jan. 2 $ 306,000 4,000 7,000 1,000 492,000 12,000 6,000 16,000 128,000 350,000 297,000 449,000 PRICES IN Price & BONDS June included in the monthly or yearly range: Antioquia 7s 1st ser 1957. June 29 at 104. Atch. Top. & Santa Fe 4s of 1919, June 24 at 1044. Czechoslovak 8s, 1951. June 10 at 1034* and is being placed in order on paper. ... In addition to the recent dehoarding of gold there has been much finan¬ London and Washington, lie full meaning of the gold price is better understood if cial disturbance abroad and a general tendency for capital funds to move to London. While 1 consider that there is it is recalled tbat on Sept 18,1931, that is, a few days be¬ no reason why the present conditions of unsettlement in fore the suspension of gold by Great Britain, the Bank of connection with international movements of capital should England bought £4,700 in gold bars at a price just under be permanent, the situation compels us to make further pro¬ 85 shillings an ounce. Gold suspension occurred on Sept. 21, vision as an insurance against additional movements into 1931. On Sept. 24 gold was offered in the London open market at 103s. 5d. an ounce. Thereafter the price steadily sterling." At foreign exchange rates current on June 25, with ster¬ increased, especially after 1933, until an all-time high was ling around $4.94%, the proposed increase would bring the reached on March 6,1935, when gold in London was sold at British fund to the equivalent of $2,717,000,000 as compared 149s. 4d. an ounce. with the original United States fund of $2,000,000,000, with On Friday, June 25, the British Government announced the French fund of $445,000,000, with $165,000,000 for Hol¬ a proposed increase in the British exchange equalization The British fund of £200,000,000. Chancellor Sir John Simon said on land, and with $22,900,000 for Switzerland. fund, which was established in 1932, was originally £150,June 25, in reply to a question in the House of Commons: 000,000. The status of the American equalization fund has "I have come to the conclusion that it will be necessary never been disclosed, and is known probably only to the to ask for power to make an addition to the resources of the exchange equalization account. The necessary resolu¬ President and high Treasury officials. Throughout the month there was a notable demand for tion in connection with the bill to increase the Treasury's British bank notes on the part of Continental hoarders, borrowing power for purposes of. the account, at present (Continued on page 40) £350,000,000, by a further £200,000,000 has been prepared (Continued from page 18) sterilization policies practiced by l ?;v: A!"- RANGE OF STOCK PRICES DURING JUNE 1937 € Stock Sales June Shares_ 1936 1937 Jan. 1 to June 30 Bond Sales In accordance with a rule of the Stock Exchange, effective Oct. lots except in the k:ase of stocks which sell only in a small way. 1937 1936 $178,898,000 June......... 21,428,647 260,764,640 16,449,193 228,870,927 $220,645,000 1,788,367,000 Jan. 1 to June 30..........1,704,363,000 3 1915. all stocks are now quoted dollars per share Prices are on • basis of 100-share NOTICE.—Cash and deferred delivery sales are disregarded in the month's range, unless they are the only transactions of the month, and when selling outside of tbe are shown in a footnote In the month In whloh they occur. No account Is taken of suoh sales In computing the range for the year. regular monthly range AGGREGATE SALES In June Since Shares 1,200 1,700 21,000 1,000 Jan. 2 June 1 1937 Par Ask Bid 3,300 2,900 28,200 7,000 Adams Express 63 16% 24% *30 % 2% 71% Adams Mlllls...............* Addressograph Multlgraph 10 Advance Rumely—........ Air Reduction Inc..... ....* 800 8,800 5,300 Allen Industries Inc 1 72,300 Allied Chem Ac Dye.... ♦ 109,300 Allied Mills Co Inc 261,200 Rights..... 732,300 Allied Stores Corp 20,400 5% preferred .....100 800 6,800 14,300 245,200 38,500 2,000 441,700 35.700 Allls Chalmers Mfg ........* Sale 4% Sale 45 % Sale 10,800 1,300 7,600 2,500 6,100 28,600 6% cum preferred.......50 86,800 Amerada Corp • 44,100 Amer Agrlc Chemical (Del).* 87.300 American Bank Note......10 3,010 6% preferred 50 77,100 Am Brake S At V . 580 ... 6,200 170 3,300 235,700 16,200 1,800 8,700 1,500 ;> 5% % preferred 100 American Can............25 Preferred 8,100 .........100 113,000 Amer Car Ac Foundry.......* Preferred .100 17,800 107,900 American Chain Ac Cable...* ... 700 32.000 32,000 1,000 1,600 9,400 9,600 30 5,400 8,100 10,000 260 10,400 1,500 3b",666 400 580 59,200 9,100 11,400 83.500 30 66,500 3,300 7,800 2,290 80,700 2,300 1,700 55,000 1,300 11,000 3,400 900 2,000 41,500 6,800 20,600 2,700 25,100 53,100 300 6,300 5,300 36,000 'i",606 293,900 600 t ... American Chicle Coal Co * .... of Alleghany 60 County, N J 25 160,500 American Colortype ....10 134,500 Am Com Alcohol ....20 147,800 Amer Crystal Sugar Co.... 10 2,610 6% 1st preferred 100 299,100 Amer Encaustic Tiling..... 1 * 8,500 Am European Securities 180 American Express Co -.100 • 1,013,900 Am Ac Foreign Power $7 preferred 109,500 ........* 2d preferred A...........* 136,700 34,100 $6 preferred..... 52,900 Am Hawaiian Steamship .10 487,700 American Hide At Leather 59,000 6% preferred............50 33,700 Amer Home Products..... 150,900 American Ice 46,000 6% preferred .......100 163,900 Amer Internet Corp.. ...* 178,900 Amer Locomotive Preferred ........-.100 25,800 Am Mach At Foundry 213,900 ...» 136,900 Amer Machine At Metals....* .......* 268,000 American Metal 4,700 6% Conv preferred..... 100 6,850 American News N Y Corp.., IT Preferred. . .......... Stores......... Amer Sumatra Tobacco... Amer Telep At Teleg American Tobacco Class B ... ....... Sale Sale 2 Sale "li% Sale Sale 2% Sale 38 Sale ; ; Sale Sale Sale Sale Sale 31% Sale Sale 225 ; 17% 83 X 78 % Sale" 85 Sale 31 5 34 102 81 66 36% Sale 83% Sale 67 68 % 69% 139 141% 117 Sale 172% 173 59 Sale 73 99 74 17" *18" 217% Sale 20%. Sale 78 Sale June 16 11 June 16 June 17 June 17 30% June 17 18 June 12 215 June June 28 June 7 2% June 2 June 28 19 27% Sale % June % June 22 „ 15% Feb. 25 5% Feb. 18 59% Feb. 11 59 Feb. 11 Feb. 17 Feb. 18 45% Mar. 15 18 June 15 June 21 78 June 74 June 21 85 62% June 57 June 26% June 11 5% June 1 40% June 23 June 4% May 34% Jan. 1 1 May 14 1 June 28 85 Sale 95 June 80 June ! 86 80 86 June 28 Sale June 17 92 June 83 Jan. June 20% June ! 59 Apr. Apr. i Sale Sale 134 Sale 88 Sale 20% June Sale 59% June 60% Sale 58% June 132 134% *128%June 2W 60 Sale 90 156% Sale 48% Sale 89% 77 Sale 155 96 156 Sale Sale 30 24% 17 64 28 65% 18 1.34% June 15 99% June - June 10 57% June 28 125 June 1 90% June 23 152% June 4 46 46 June 29 57 77 June 30 87% June 77 72 9 Mar. Mar. Jan. Jan. Feb. Feb. Feb. Mar.! June Apr. : Jan. Jan. Feb. June ! June; 15 11 22 16 4 18 18 9 9 4 Feb. 4 Apr. 20 90 June, 28 June 14 June ! June Sale 125 June 30 L45 June 115 Jan. : 102% Sale Apr. 20 101 June 26 .05 June 98 Apr. I May 28 25 June 15 25 June 14 June 15 June 5 June ; 14 Jan. 25 Mar. 3 Mar. 31 Jan. 21 Mar. 2 25 35% 16 Sale 1 90% June 32% June 17 6 14% 300 Sale Sale 23 % June 25 92 Sale 94% 20% June 17 Sale Sale 88% June 14 5% June 30 10% June 29 11 12% 174% 300 6% Sale 49 . ; Sale Sale 20% Sale Sale 39 Sale 14% Sale Sale Sale 41% Sale 3% 23% Sale 42 £y* 37 40% Sale 42 3% Sale 22 20% 6% June 47% June 5?* 150 58 133 Sale Sale Sale 24 Sale Sale Sale Sale Sale Sale Sale 22 % Sale Sale 90 Sale Sale 63 57% Sale Sale 190 190 55 Sale Sale Sale 81% 79% May ; May May 20 3% June Jan. June 23% June Jan. June 7 June June Sale June 24 June 2 June June Sale June : 21 June 23% June *51 37 124% 21% 159% 73% 74% 132% 11% 15% 88 44 June ; June June June ; 14% June 47 June I June June I 110% June June I June June : 9% June June ; 21' 52 115 64 June June 25 June June June June 8% June 60 June June June ; 50 % June 22% June June June June 24 Apr. 36 % June > 8 30 June May 158 June 25% June Apr. : June 52% June. Jan. June 91% June May Apr. June L46 June 17 Feb. 15 Jan. 13 Jan. 18 Jan. 12 Feb. 3 Jan. 21 Mar. 11 Feb. 3 Feb. 30 Mar. 19 Mar. 11 Jan. 28 Jan. 29 June 9 48% May June 10 109% Apr. Jan. 15% June i Jan. i Jan. 46 June 1 June 30 June 16 June June June June 127% *23% June June 79% June 136% June June June June lW* 78 \$ 1 June 10 June 4 June 37 124% 21% 159% 73% 94 June June 79% June 25 Jan. June Jan. 8 28 4 Jan. Feb. 3 Jan. 13 Feb. 1 Jan. 18 Jan. 12 Feb. 23 Feb. 23 Feb. 23 May Mar. 10 Apr. Feb. June June June 54 A June 57 | Jan'. June 26 88 62% June 55% June 82% June Jan. June Feb. June Jan. 100 "49% "June" June 20 20 11 13 Jan. June 13 5 74% May June 9 Jan. ;Jan. 21 128% May 11% June June June June 22 22 Mar. 8 Jan. 20 Mar. 10 Feb. 1 June ¥ 18 4 22 18 Mar. 3 Mar. 16 Feb. 15 Mar. 11 Feb. 4 Feb. 5 June June 28 5 Mar. 13 Mar. 13 7 May 7 Feb. 57% June 7% June 54% June 9% June 48 : 58] Jan. Jan. Mar. Jan. Jan. Jan. Jan. June 110% 109% June Sale 15% June f 52 1 June J 12% June Sale 8% June 41 37 Sale June : June f~ Sale irA : June June June June 48% *45 80% 83% Sale 40% 140% Sale 50% 52% 52% 125% 131% Sale June : 14% 5% 36% 40% 2% June 157% 165% Sale 34% Sale z3i% June 29% 27% Sale 26% June Sale June ; June 22 165 Sale 4 8% June 11 11% June 24 42% June 24 17% June 4 7% June 45% Sale 19% Sale Sale Sale June 93 June W Sale 28% June June ; 18% June Sale Sale Jan. 4 9 37 , Sale Jan. 28 Mar. Sale 13 39 Sale June 17 109% 101% Sale 101% June Sale 18% Sale 18% June Sale 8% Sale 7% June 49% 45% 46% 43% June Sale 112 June 112% Sale 62% 60% June Sale 23 L57 June Mar. 28% Sale 125 Sale it 39% Jan. 28 8% Mar. 13 37 Sale /■v.: 83% Jan. 22 23 June 17 4% June 28 23% Sale June 40 ~46% 9 It 33% Jan. 16 932 May 27 21% Mar. 6 June Sale 45 128 7 Jan. 25 100% Jan. 22 June 17 258% Mar. June 28 20 J* 35 89% 215 June 37 41% Sale 26 9 26 May 27 30% June 17 103 Apr. 26 110 Jan. 26 18 June 12 23% Apr. 12 Sale Sale Jan. Jan. Jan. 16 Sale $6 preferred June 17 35 36 57 80 Sale' 140 June 26 34 40 June % June 22 June 16 34% June 29 June 24 Mar. 11 2% June 17 June 44% June 44% June 39% June 35 2% June 17 97 11 12% June 3% June 46 June 29 June 36 2 t;M: 22% Mar. 11 3 28% Feb. 74 106 Sale 84% Apr. 20 64% June 17 Jujie 17 231% June 20 10 17% Sale 60% Sale Sale 40 June 29 64% June 17 2% June 17 Feb. Sale Prices 55 Mar. 8 69 Mar. 6 73% Sale Sale 103 Sale Sale Sale For footnotes mo page 28 2 Sale Sale *88 44% June 29 4 4 5 Sale Am Wat Wks 4c El .... 7 35 40 Sale Sale $5 prior conv pref 22% June 40 42 % Sale Amer Zinc, Lead At Smelt. June 7 40 138 .... 4 25% 30% 2% 73 22% June 39 Sale ...... Jan.- 33 31 33 Sale ; 15 Sale Prices 58 47% Sale $6 1st preferred........ June'; 7 47 Sale Preferred 6 17 43 Sale American Woolen 63% Jan. 15% June 14 2% June 17 34% June 29 34 June 26 Sale 147 ........... 6% preferred June, 9 98% American Type Founders. 2,187,900 Anaconda Copper. 16,000 Anaconda Wire At Cable.. 69 75 37 — American Sugar Refining. Preferred 28% 28 39 1,029,600 Amer Power At Light........* $6 preferred..............* 58,500 $5 preferred...... 85,000 ..* 1,086.000 Am Radiator At Stand San..* Preferred ....100 1,100 2,246,600 American Rolling Mill 25 33,100 Amer Safety Razor... 18.50 80,100 American Seating Co • 28,210 American Ship Building ..* 649,000 Amer Smelt At Refining, Preferred 114 10,500 35 14,500 American Snuff 900 6% preferred...........100 American 24 Sale Highest 67* "June 36% ... 47,800 6,500 35,400 278,400 66,100 191,900 12,400 346,300 638,900 4,800 264,700 168,500 1,327,700 2,100 41,700 Sale Lowest 44% June 29 33 ............ 330,800 6,380 49,000 60 72 Highest Sale Prices 47 June 1 47 . Amer Steel Foundries.... ll 2% Sple * 5% preferred...........100 m Lowest Sale Prices 47 .. New Am 7,900 8,100 2,300 4,200 16,900 1,600 3,100 4,800 1,100 12,300 17,200 2,000 8,200 6,300 11,300 conv Ask Sale 42 34,700 Alpha Portland Cement.., 320,700 Amalg'mLeatherCos, IncNe w 1 2,300 25% Sale Sale 14 % 30 Allegh At West Ry 6% quar 100 'if-..: r,'_. Sale 2% Sale Air-Way Rlec ApplI Corp * 80 Alabama Ac Vickaburg Ry.100 600 June 30 Ask Bid Sale 45 Sale ......... 215,800 Alasica Juneau Gold Min.10 899,800 Allegheny Corp ......._* 124,900 Pref series A130 warr'ta .100 Pref series A 140 warr'ta 100 21,000 12,100 Pref series A $30 ex-war .100 42,400 $2.50 prior coot pref ♦ 183,000 Alleghany Steel........ * 16,600 51,100 6,800 1,700 Bid 47 y-M 7,900 Abbott Laboratories * 540 ADruham 4c Straus.........* V 46,800 Acme Steel Co............25 344,000 !; 17,100 47,900 53,500 139,200 146,300 RANGE SINCE JAN. 1 Price Jan, 1 8hares PRICES IN JUNE STOCKS N. T. STOCK EXCHANGE 7 5 9 P 79 Jan. 23 •S PRICES IN JUNE SALES AGGREGATE STOCKS Since Jan. 2 GE Jan. 1 Par 1,100 1,300 2,200 126,100 2,020 18,200 33.700 33,500 30 480 22,500 30 18 ** Cap Corp..........* Anchor $6.50 Bid preferred...—.* 106 33 Co..20 conv Andes Copper Mining A P W Paper Co 300 16,800 5,000 2,600 Preferred. 120 30 163,600 5,500 13,900 400 .— * * ....100 100 109 380 5% pref with warrants. .100 5% preferred ex-warr—100 100 538,300 Atchison Top Ac S Fe 160 900 25,500 1,200 120 32,600 800 98,700 13,300 1,200 100 13,100 4,800 1,010 35,700 4,900 230 2,900 Atlas Corp 26", 166 50 42,700 48,300 2,400 : 1,600 7,200 1,300 63,900 10,200 6,600 600 5,200 12,200 310 39,600 500 • ,; v 110 4,200 1,300 900 28% 30 7% 36 38** 6% Sale ,♦..* ... ■7 Austin. Nichols Ac Co .._._.* * The....3 $5 prior A Aviation Corp (Del) Bendlz Aviation 52 * ...... Corp 5 Beneficial Indus Loan Corp.* • Bethlehem Steel Corp (Del).* 5% preferred............20 7% preferred 100 ..... Blgelow-Sanford Carpet Inc * Ac Decker Mfg Co....* Blaw-Knox ... ...» —.. .....* Boeing Airplane Co Rights 100 —...5 —... Bohn Alum Ac Brass Corp Bon Ami class A 5 * ... 43*4 Sale 26** Sale » Class B Borden Co. (The) Borg-Warner 15 Corp. Boston At Maine. 5 "8** Sale" .....100 {Botany Cons Mills A.^^^^50 Bridgeport Brass Co........* Brlggs Manufacturing......* Brlggs Ac Stratton .......* —.5 Bristol-Myers Co... 19,890 Brooklyn Ac Oueens Transit.* $6 preferred..............* Bklyn-Manhattan Transit _.* $6 preferred series A......* Brooklyn Union Gas.... * Bucyrua-Erle Co 7% preferred...........100 * f% .100 Wheel Bulova * Watch ..... ..... Bullard Co —* * Burroughs Add Mach * {Bush Terminal Co • 7% debenture.........100 44 6*4 Sale 36** 51** Sale 102*4 Sale 48 21 10 3*4 35 47 Budd (E G) Mfg Budd 43 * Brunswlck-Balke-Coll Preferred 3*4 17** Sale 53*4 Sale 48*4 Sale _* Brown Shoe, Inc v 15,200 258,500 116,200 543,800 268,400 11,330 92,200 72,700 2,000 1,505,000 Pref ctfs of deposit Butler Brothers 5% conv 100 10 ... preferred.......30 Butte Copper At Zinc ....... 5 Byers Co ........ • Partic preferred..—....100 Byron Jackson Co..........* Calif Packing Corp.........• 5% preferred .......50 Callahan Zinc-Lead ..1 902,200 Calumet At Hecla Cons Cop .5 86,200 Campbell W Ac C Foundry...* 5 651,600 Canada Dry Glng Ale 290 Canada Southern Ry Co..100 25 937,300 Canadian Pacific ♦ : 12,700 Cannon Mills 27,100 Capital Admin Co Ltd c A—1 $3 preferred class A 10 1,960 ... 220 Car Clinch F At Ohio Ry_.100 Stamped ..10 1,190 5 2,200 Carpenter Steel Co 1 166,800 Carriers Ac General Corp 100 82,700 Case (J 1) Co .......100 7% preferred 3,150 * 97,500 Caterpillar Tractor.... 200 5% preferred...... ..100 ......... 1,240,900 Celanese Corp of America. • 7% preferred 100 10,340 93,400 Celotez Co— 5% preferred..........100 7,340 42,900 938,700 1,730 42,600 41,400 30,120 310 Central Aguirre Associates.* Central Foundry Co... Central 111 Lt 49 48 Sale 21*4 Sale 110*4 111** 12** Sale 97 103 9% Sale 51** Sale 35** Sale 33*4 Sale 7% 7% 26 28 100 25** 14 27** Sale 29*4 Sale 5** Sale 28** Sale 86** Sale 28 Sale 45*4 Sale 92 Sale 18** 29** 29*4 107** 15** 50** 70*4 114 112*4 22** 5*4 32** 6** "2** Sale" 15*1 Sale 33*4 Sale 28** Sale 60 61** 14** Sale 60 61** 15** 15** 62*4 Sale 101** 103** 93 90 76*4 Sale 93 Sale 49** Sale June 15 June 26 7 88 June 29 88 72** June 93 June 46*4 June 17** June 22 June 27*4 June 107 June 15 June 50** June 68** June 6** Sale 5*4 Sale 90** Sale 82** 92 31** Sale 43 24 45 Sale 45** Sale 12*4 Sale 2 2*4 7% Sale 141** 125** 88 Sale 138 Sale Sale 80** 362* Sale 8% Sale "37** Sale" Preferred........... ...100 103*4 108** 21** June 44 Sale z41 June 9*4 June 9*4 10 1*4 June 1% 1% 23*4 Sale .? Sale 27 14 Sale Sale 29** 5** 22*4 68** Sale Sale Sale Sale 29 28 Sale 26 37*4 Sale 36 51 3** Sale 14*4 Sale 28 27 Sale Sale 58 13** Sale Sale 14*4 Sale 50*4 Sale 45 13** Sale 5 Sale Sale 19 Sale ----- • 8** 123 92 Sale 160 Sale Sale 111*4 Sale 40 Sale Sale 50*4 Sale 3 Sale 13** Sale r24*4 Sale 24** Sale 55M 12*4 Sale 44 47** 14 Sale 49 100 101 155 67** Sale 95** 28** 7 160 ..... 90 101 98 31 Sale 5 15** Apr. 28 June June 2 1 78 Mar. Jan. June 1 125 92 June 88 June 29 7 55** Mar. 17 29 Mar. 13 June 18 44 Jan. 37 Mar. 11 22 50** 68** 113*4 11?* 13** 52* May June Apr. June June June 1 June 25 June June June June June 7 1 1 7 9 June June June 3 June 28 17 June 17 52** Mar. 25 12 June 29 120 June 30 120 3 Jan. 2 Feb. 9 Mar. 8 Feb. 19 Mar. 30 5 7 2 10 9 73 June June June June June 10 17 Mar. 17 30** Feb. 11 23*4 Jan. 62*4 Jan. 20 Jan. June 22 17 129** Feb. June £51** May 14 June 14 38 22 Apr. 28 June 23 79 June 29** Mar. 10 32** Jan. 7 94** Jan. 16 49*4 Mar. 3 2% June 10 48** Feb. 13 3 27** June 28 12* June 28 37 June 24 Mar. 22 Mar. 12 June 25 90 June 25 44 June 2 24*4 46** 12*4 2 2* June June June June 3 4 1 4 85*4 41*4 21** 38** 8*4 1*4 June June June June June June June 7 81 15 Apr. 28 39*4 June 17 9 43** Mar. 30 9| 39 June 30 1 June June 1 2*4 15** 18** 65*4 26*4 44** June June June June June June June June June June 4 2 2 June 16 June June 4 9 June 1 June 1 June 14 June 4 16*4 14*4 102*4 7% Apr. 28 Jan. 28 June 18 58 June 7*4 50** 30*4 22** 4** June June 10 June 10 June 7 June 1 Apr. June June June June 15 June 1 30*4 June 14 142* June 1 29*4 June 8 2 23 June 4 70 June 4 29** June 7 37** June 8 50** June 21 3** June 1 Jan. June June Apr. 17*1 June 67** May 25*4 June 35*4 June 24*4 12** 28*4 4** 50 93 7 29 21 28 29 27 29 24 4 4 12 Apr. 29 1 24 June 28 Jan. 28 Jan. Feb. 23 Feb. 11 Feb. 13 Jan. 23 23*4 59** 53** 47 36*4 Mar. 91 Jan. 34** 48*4 50*4 6** 97** June 15 13** June 29 48** June 22 97 ** June 15 102 99 96 June 28 106 30 June 23 June 28 June 23 6*4 June 18 June 24 35** June 8** June 2 1 6*4 June 18 Sale 155 June 28 174 June 8 138 113*4 June 25 123 June 1 113*4 June 25 85 June 17 94 June 3 June 24 85 Jan. 101*4 104*4 June 29 105 104*4 June 262* Jan. 362* Sale34** June 17 402* June 9 June 9 106** Jan. Ill** Sale 111** June 30 115 46 J* June 41 June 1 8 36** Jan. 43*4 40 June 28 75 June 17 78 76** Sale 73*4 May 30 June 30 June 17 33** June 5 29** 32 72* June 7 6** June 6** Sale 6** June 17 96 18 11 June June 29 103 June 2 24** June 13 June June 28 8 10*4 June 1 8** June If 1 4 4 June 17 29 6 6 13 18 17 17 96 18 June 29 June 2 11 June 28 12 Il 7 15 2 18 9 29 1 1 2 3 9 21 12 2 14 44 30 7 11 3 61 1 96 2 14 31 25 12 9 8 12 Mar. Feb. Mar. Feb. 20** Jan. 37** Feb. 38*4 Mar. 14*4 June June 14 9*4 Feb. 25 33*4 Mar. 51 June 13 45*4 Feb. 18*4 Mar. 45*4 June 26 June 13** June 29 48** June 22 97** June 15 18 May 27 15*4 Mar. 23 4% Jan. 11 8 44 6 23** June 28 55 May 7 12*4 Apr. 29 22 47 30** June 10 June 11 21 8 Jan. 17 17 38** Jan. 53 Jan. 17 4 102*4 Jan. 12 52*4 Jan. Jan. 28 50 17 24** Jan. 28 25*4 Feb. 22 117** Mar. 17 14** Jan. Jan. 16 98 Feb. 17 13 9 65*4 Mar. 28 45*4 Jan. 30 35** Feb. 9 11*4 Jan. Feb. 9 39 Mar. 22 22* Jan. Jan. 46** Apr. 13 23** June 28 55** June 9 12*4 June 28 132* June 18 16 69*4 Feb. 10 22 24 June 17 June 3 352* June 2 2% June 10 43*4 June 7 56 5 8 4 105** Mar. 11 Jan. 108 8 Feb. 87 16 18** June 30 202* Apr. 29 47** June 14 115 Sale 76** Sale 31** 33 7% Sale 96 Sale 100 102** 18 Sale 24** Sale ,10 12 12** 15 9% 10*4 Sale 19% 98*4 105 98*4 105 1 16 Feb. June 17 114 101 June June June 21 21 Jan. 42 21** June 28 28*4 June 28 105*4 40** Jan. 5 43*4 105 Feb. 5 112 11*4 June 23 15*4 1 June 28 15 Jan. 32 June 29 111 5 5 35*4 Feb. 20*4 Jan. June 24 23** June 28 13** June 28 1 28 Feb. Feb. 4 40** Mar. 17 28 47*4 Mar. 17 Feb. 11 13 45 8 11 110J* Feb. 29 43** Mar. 9 Jan. June May May June 22 50 24 9 2 1 34 9 5*4 June 13 Jan. Feb. Feb. 29 30 732* 205* 27*4 382* 1002* 272* 21 29 1 29 24 30 Jan. 9*4 Jan. 84 June June June June June June Mar. 11 11*4 Jan. 9% Jan. 70 20*4 June June 14 6 6 Mar. 10 52* May 18 41 *4 June 2 110** June 28 12** June 7 17** 68** 25*4 35*4 50*4 2% 12** 14 52** 17 94 26 133 14 18** 16 34*4 9% 15 June 15 30 2 82 18 4*4 June 30 4% June 29 June June 24 7 May 21 116** Feb. .June 17 18** Mar. 107 15 2 18** 115*4 54** 292* 25** 18 June 29 94 % May June 30 104 Feb. 27*4 June 28 3 9 87 ** June Feb. 88 4 93 9 23 103 9 44}* Jan. 26 17** June 11 June 112 28 57** Feb. 18 18 106 69** Jan. ** June 32** 26** 38** 27 ** 15** 5 Mar. 492* Mar. 24 2 June 29 11 June 24*4 Mar. June 42 June 25 98 5 101 June 10 36 29 18 2 Jan. 112 6 Jan. 70** Mar. 13 16*4 Feb. 27 17** Jan. 21 8*4 June 17 95 6 Mar. 4 126 18 9 93 12** June 29 28*4 June 21 5 June June 31*4 June 43** Sale 25 Feb. 11 June 11 104 13 13*4 Feb. 27 99** Mar. 1 57% May 11 7 4 1 1 Sale Sale, 30 2 96 15** June 17 17** 39*4 June 17 46** 44*4 June 14 46** 39 June 30 42*4 3 2* Sale 2*4 June 17 15** June 17 17** Sale 18** June 17 25*4 Sale 65*4 June 4 75 Sale 26 *4 June 12 31 30 44** June 28 46 44** 16*4 June 17 19** Sale Sale 14*4 June 28 162* Sale 102*4 June 22 108' 7% June 17 9*4 Sale 67 58 June 16 Sale 9 7*4 June 17 Sale 50** June 29 57*4 Sale 30*4 June 28 36** 31** 22** June 30 262* Sale 7 *4 Sale 4% June 9 June 9 26 17** 15 16*4 16** Sale Sale 40** 45** 47*4 40 39** 42** Sale 3 3** Sale 16*4 18*4 15*4 25** Sale £20** 75 Sale £68*4 30 31** 27** 43** 44** 48 17*4 19*4 Sale 16 16*4 Sale 108 Sale 103 7% 9*4 Sale 68** 77% 61** 7% 8% Sale 52 53** 52*4 30** 32** 35 23*4 26** Sale 5 7*4 Sale 26 Sale 16*4 4 June 11 93 25 14 42 Jan. June June June 6** June 5*4 June 5 41 "27** Sale" "38** Sale" 108 39 80 June Sale 42 7 81*4 Jan. 18 30** June 2 30** June 7 15 109*4 June 8 17 15** June 5 1 50*4 June 7 17 73*4 June 14 June 26 June 1 119 1 June 14 12*4 June June 9 June 16 23 6 June 9 June 15 June 10 June 15 35 6** June 4 June 17 Sale 4 ** Sale June 30 111 106 28 4 J* 16 37** Jan. 12 10*4 Feb. 10 8 40 Feb. 18 Apr. 26 46 116*4 May 4 121 *4 Feb. 8 June 1 June 24 June 7 June 7 June 8 June 19 June 22 5% Jan. June 2 30 100 1 53*4 June 10 11 Jan. 18 85*4 June 10 28 4 24% Jan. Feb. May 21 111 18 105 7 June 8 40 42*4 119*4 June 25 119*4 106 June 30 109*4 10** June 29 11H 89*4 June 30 95** 103 June 17 105 59*4 June 28 70** 11 June 18 12** 8*4 June 17 10** 98 98 June 11 16 June 29 18** 89** June 3 90 112 June 1 112 51 June 8 53** 92 June 18 95 34*| 98** Sale "II" Sale" 40* Highest Sale Prices 16 19 20*4 30*4 22** 24 28** Sale Sale 107*4 109 109 15** Sale Sale 50** Sale Sale 69 Sale Sale 114 116*4 119 Sale 10** 11** 11** Sale 13** 15** Sale Sale 5% 6*4 30 33 36** 5*4 5% Sale Sale 50 Central Vloleta Sugar Co..19 Century Ribbon Mills • Fit footnotes see page 1 4**% pref..100 Central RR of N J 112 52 48 82** Sale 99** Sale 48 Lowest Sale Prices 4*4 June 30 4% June 29 70 June 29 75 76 88 90 73** June 30 74** Sale 88 90 24** June 28 26*4 Sale 21% Sale 27*4 June 28 36 Sale 29** Sale 33** 35 39** June 17 40*4 Sale 40** 42 49% 41 106 102** June 21 102** 104*4 103 28 Sale 272* June 29 30** Sale "37" Sale" 22 June 24 24 Sale 26*4 Sale 26** 26** 34 June 29 35 Sale 38** Sale 23** June 28 24** Sale "27** Sale" 26** Sale 14 Sale 13** June 28 14** Sale I 18 Sale 111 June 17 111 Sale 112 114 112 115 23 Sale 21** June 28 22** Sale 1 24** 25** June 28 Sale 100J* 102** 101 101 101**• 103 39 41 41*4 June 2 I 40** 41**i 39** 41** 107*4 June 16 109 110 109** 112 108*1 112 11*4 June 23 11** Sale 12** Sale 13** Sale 86** 85*4 83** 18** June 30 18** Sale 20*4 Sale 25** Sale 20** June 25 20** Sale 20*4 Sale 22** Sale 48 47** June 14 49** 46 49 59** 61** 84 Sale 76** June 14 84 Sale 75% Sale 17 June 22 17*4 Sale 18** Sale 19** Sale 108 June 17 118 112 115*4 114 126*4 127 51** June 14 52** 53 54*4 Sale 66** Sale 24 June 14 25 Sale 25*4 Sale 34** Sale 22** June 17 23** Sale 24** Sale 24*4 Sale 23 29 22 June 23 24 29 30** 33 79 June 3 82 86 72** 82 93** 99** 27** June 28 29*4 Sale 34*4 Sale 34*4 Sale r2 Sale 1*| June 28 Sale 37 June 24 38 "42*4 Sale" 42** Sale 88 85** June 2 88*4 85** 86 88 90 9% Sale 7% Sale 20 Best At Co ,87 100 Sale 1 Bush Term Bldgs— 750 3,000 18,100 * ...... Auburn Automobile 562,700 271,800 23,700 20,800 132,700 23,500 251,800 23,500 63,300 10,300 125,400 251,900 2,000 644,700 5,800 398,300 162,100 64,300 182,800 125,200 800 770 Atlas Tack Corp 130 16 % Sale 100 5% preferred........ Black Sale "73" "76" * Atlas Powder. t30,100 39,200 27,000 200 1 6% preferred........—.50 523,600 229,500 74,000 4,950 6,860 339,100 147,900 76,400 310 540 12,800 112 ........ 840 Blumenthal At Co pref 30 127,800 1,940 7,200 25 4% conv pref series A...100 950 BloomlngdaleBros 76,700 229,500 8,600 260 100 5% preferred........ Atlantic Refining—.... 331,900 101,600 27,300 1,332,600 61,600 28,900 20,000 66,000 340,500 8,600 2,600 108,000 5,100 2,600 1,700 5,000 19,800 2,200 6,600 8,800 • 7,300 Beech-Nut Packing 101,400 Beldl n g-Hemlng way 1,000 Belg Nat Rys part pref 8,200 170 10 Atl G Ac W I SS Lines $5 preferred w w * 6,200 470 Beech Creek RR Co.......50 30 330 101X 102% 45% Sale 25 25% 43 49% 31** Sale • 55,300 Barker Bros 8,310 5**% preferred... 50 5 929,100 Barnsdall Oil Co * 79,200 Bayuk Cigars Inc 1st preferred.........—100 520 35,900 Beatrice Creamery........25 700 67,800 1,600 2.700 "70~" Sale" 5% preferred.........—100 Atlan Coast JLlne RR....100 800 60 83 85 577,700 {Baldwin Locomotive Works * Assented 325,200 Preferred— 100 25.200 Preferred assented 21,600 100 1,603,400 Baltimore Ac Ohio 190,600 4% preferred. .......100 13,100 Bangor Ac Aroostook......50 4,300 5% conv preferred......100 10 352,200 Barber Co Inc 51,200 26,500 2,800 49,600 31,000 j9,500 63,900 Sale 94 343,300 33,900 20,200 1,450 26,300 334,300 56,300 5,490 709,500 1,400 24,200 1,200 50,000 8,100 1,500 300 112 50** 32,200 293,900 13,600 10,600 442,900 5,900 . 600 170 100 16** Sale 89** 92** 119** 120 106 Sale 11** Sale 90 Sale 100 103 62 Sale 11*4 Sale 9 J* Sale 98 100 16 Sale 50 69,400 ,6,100 56,800 4,200 3,200 120 2,630 50 9,100 4,200 17,400 14,600 105 97 100 21% Sale 95% 100 650 15,200 9,500 3,600 19,200 24,500 2,900 92*4 Sale 102 95 1 6% 1st preferred Sale 11 Sale 7** Sale 40 Sale Sale 15% Sale 15% Sale 100 Preferred Associated Dry Goods.. AIH 42 118** 122 108*4 109 63** Sale 11** 12 10*4 Sale 61 19 27 20 Highest Sale Prices Ask 19*4 June 3 23*4 June lb Sale 105 June 3 106*4 June 4 107 18 June 22 21** June 9 23 Ask Bid 22 Sale 106*4 105 105 Sale 7% Sale 81 % Sale 126 134% 7% 2d prefer red .....—100 6,700 Associated Investment Co..* 900 19% Sale 107 119 100 1,100 : Bid 5% 5% 42% Sale 119** (Del) 7% pref——100 107*4 Sale Archer Daniels Mid— 13,000 Armour .....5 2,4-21,000 Armour of Illinois.. $6 convertible preferred. .* 36.100 7 % preferred 3,900 100 * 113,200 Armstrong Cork Co 5 59,500 Arnold Constable Corp * 70,500 Artloom Corporation... 1,000 94,400 4,700 Ask Lowest Sale Prices June 30 June 1 1937 Shares Sharer RANGE SINCE JAN. 1 Price N. Y. STOCK EXCHAN In June T EXCHANGE-STOCKS N. Y. STOCK 32 Jan. 13 19 17** Mar. 16 61** Jan. 9 18** Mar. 11 52*4 Jan. 2 Feb. 8 18 2 9% Apr. 20 176** Feb. 9 129*4 Jan. 22 100 Feb. 1 105 June 24 41*4 May 20 115 June 9 "Jan. 35 h June 48*4 Mar. 82** Jan. 39*4 Jan. 12** Jan. 8 7 12 28 107*4 Jan. 26 41*4 24*4 8% June 16 14** 115 103 May Jan. 15 Jan. 11 Mar. 3 Jan. 14 July, 1937] AGGREGATE n. t. stock exchange—stocks SALES 33 PRICES IN JUNE RANGE SINCE JAN. 1 Price In Since June Jan. 1 Shares Shares N. Y. STOCK EXCHANGE Jan. 2 June 1 1937 June 30 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices ' Par .■ 23,600 23,500 1,880 332,500 Cerro de Pasco Copo * 492,600 Certain-Teed Prod ,,....1 27,730 6% prior prefer red.....'00 210 v1 2,110 6% preferred....... 101) 116,100 Common.................* : 6,700 Checker Cab 5 54,950 Ches apeake Corp * 478,850 Chesapeake A Ohio 75 Champion Paper & Fibre Co 11,500 1,800 6,050 64,550 ■? ... 900 9,900 500 2,600 40,300 112,200 125,800 195,100 2,520 27,400 169,900 421,100 325,100 70,800 151,900 27,000 2,600 4,900 171,600 tChlc 4,600 4,400 6,700 180 9,300 12,200 22,900 17,700 5,500 10,600 v 1,000 7,700 96,400 90,900 3,800 2,100 3,000 - 7,800 100 189,300 900 9,600 990 5 {Chic Mil St Paul A Pacific.* 5% preferred ..100 {Chicago A North West..100 Preferred 100 Chicago Pneum Tool • $3 preferred 53 conv preferred * 100 100 100 5 ser pref..* Colorado A Southern 8,840 6,870 4,800 700 4% 1st preferred. 4% 2d preferred Sale 100 Columbia G A Kl common.. 1,552,640 18,800 1,550 16,100 1,500 13,500 218,400 10,800 149,800 11,200 845,000 1,980,400 73,900 it-i 65,000 191,700 5,800 ■> 1,770 42,400 1,180 6% pref series A........100 5% preferred ...100 , < 1,900 39,500 143,800 ■ 620 10 2,710 260 Commercial Credit 4%% conv . 10 .. preferred....100 Comm'l Investment Trust-.* 54.25 con; Commercial Solvents 56 preferred Conde-Nast Public* ns ... .... Congoleum-Nalrn Inc * 11*2 24 700 1,200 42,900 1,200 3,100 700 9,700 250 11,300 950 800 20,000 4,600 95,500 22,300 270 40 1,100 700 5.500 750 13,200 3,300 2,600 10,100 29,300 5,100 June Sale 761,100 61** 0% 0% 2454 Sale Sale 10,500 62 Sale 714,300 Sale June June M June 13 June June Apr. June June 8 June June June May 54** June 114% June June June Sale June 84 70 June -70 June Jan. June June June 8 Apr. May 91 Sale Ill** Sale 47 78 ** Sale 88 ..... ■rm Sale 126 127" 103** 40** 35 June 87** June 26 86 a48 June 2 June 725* 28** 132** ** June 4 %lY* 78 56 20** Sale" 124" 59 Sale 57 Sale Sale 103 5^ 104** 58 *4 Sale Sale 110 "20" ~2954 46 20** 19 102** Jan. 164 June 59 June 23 % June June 131** 130 Sale 49 32** 15** 16** 20% 21 Sale 103 Sale 30 36 Sale Sale 27 %, 159** 152** 58% 56** Sale 17** 108** 109 40 102 116; 43% Sale Sale 89% 92 98 68 Sale Sale 111% 120 76 % Sale Sale Sale 120 109 Sale Sale 70% 14% Sale 37 Sale Sale 52 % June 3 June 25 y 52** June June 109 1 Sale June June 2 Sale June June 7 June June 1 20* 119 June June 28 June 4 Sale June June Sale June Sale June June 84 June Sale June l June 21 June 5 120 June June June June 42** 1 13 June 2 May June June June 7 Sale June June 3 12** Sale 17 115* June June 30 June 4 June Sale June Sale June June 89 85 90 June June Sale June June Sale Sale Sale June June 10 June 4 loif 2% 88i lil Sale June Sale Sale June June 1 9% 9% 10% Sale 104% 106 10 1054 % Sale 9% Sale 30% Sale Sale 9% Sale June June 2 Sale 15*1 Sale June June 7 1045* 4** June Sale June June 11 June 10 Sale June June Sale June .....100 June 4 Jan. May Apr. June 10 June June Jan. June June June 98 90 102 ; Sale 20** June June June June June June June 55% Sale Sale June June Sale June June 1 June 11 June 9 50 20 18** June 28 35 5* May 13 2 May 13 395* May 14 Sale June June Sale Sale June June Insurance..2.50 Corn Prod Refining Preferred Sale Sale Sale 57% Sale 100 Sale Sale 157 Sale June June Sale Sale 40 June June Sale Sale 116 June Sale Sale 100** June "32 Crosley Radio * 20% Sale 76 Sale Crown Cork A Seal. w_...._* Corp. 55 conv pref Crucible Steel of Amer Preferred. 5 Sale 17 % Sale ... 100 ...100 81,700 Cuba Co (The).—..........* 7,030 Cuba RR 6% preferred... 100 10 251,900 Cuban American Sugar Preferred 53 Sale 118** 123 2% Sale 16 13 % Sale Sale Sale 100 9,260 50 20,000 Cudahy Packing 183,102 Curtis Publishing Co (The)* Preferred 35,700 1 1,699,500 Curtlss Wright Corp... Class A 50% 47 ex-warrants... Zellerbach 54% Sale Conv 5% preferred 48% 49% 82% Sale 16% 17% 25 Deere A Co • Preferred 20 61 116 0854 Sale .05% Sale 29% Sale 65* June 28* June June 68 Sale 119 Sale 113* Sale Sale 49 74 55 Sale 13** 205*, Sale 15 103 % 103** 129 130 18** June 15 June June 68 June 29 June 29 June June 39 165* June 97** June June June 29 June 28 165* 97** June 23 June 58 1** 9 June June 1 7% June June 4 June 113 38 2 Jan. 4 "3t 37 285* 100** 56** 1085? Jan. Jan. 16** June 18** June 16** May 13 71 June 71 48 Mar. Mar. Jan. Feb. Mar. Jan. Feb. Jan. Apr. Mar. Jan. Mar. Mar. Feb. £12** 99 " June June 124 June 19 June 1% June i3°!* June June 25% June 29 June June 20 June June 44** June 185* June 0% June Sale Sale 33 135* June 4 June 30 37** May 21 8** June 17 June 28 Apr. 28 73** May 21 90** 12 £12** June 17 18** 1 19 Apr. 29 24 15 99** June 28 109 5 1045* Jan. 5 137** 25*| June 24 3151 17** June 24 29 33 June 28 585* 13 % June 28 24*4 4 June 16 10** 8 13 13 11 . , 11 23 14 ■ aa-aa; a::-®:',;' 15 2 11 5 20 9 £Ppp;aap v;®,. ".'"' ' a' V-:' ■ -a ' aaa; . a , v'pjpa®® P af5'" 23 12 26 r'^aaa p.®, il aa a;aa;a f 1 ■ 2 ill® P a\a ;.>!a -a'aa'aa a,a 13 15 14 16 3 28 pp'svp aPa a-'aaaa; ■ aa';a ; /la..a.-,a'a ®a®'';'aa:,a- ."aaa 1 a'RP aa'r 3 4 Jan. 12 Jan. u Mar. 1 June 15 June 12 1 20 20 1/ 8 14 8 12 26 25 21 Mar. 10 Jan. u June 17 80** June 13 Apr. 15 815* Mar. 5 v& 50 -a. 2 25j* Apr. 13 71 June 22 47** Jan. 28 June June ...a:,/- 26 11 27 May 27 Jan. 16 Jan. 15 Feb. 3 Jan. 8 June June a 14 23 Feb. 11 June 49* |Spaf -If: 7 22 Apr. : 355* Mar. 8 June June 5 .. May 20 135 May 28 May 14 June 15 ulH Jan. l 8 23 June 7!* Sale Sale 115 3 11 11 255* Jan. 425* Jan. June 1 June 26 June 4 June 28 % 8 51 June 11 June 43 17 % {Denver RIoGr A Wea pref 100 June June June 118 Delaware Hudson.....100 14 164 June 14 28** June 29 June "ip'a-a'P; 9 Apr. 29 77 May 13 71** Apr. 14 171** Jan. 4 10** June 39 sil® si 29 69** Jan, Feb. Jan. 153 Jan. 6 Mar. June 29 40 56** Feb. 3 121 113** May Jan. 100** June 17 105 May 54* June Diesel-Wemmer-GllbertCor pi 0 Del Lack A Western......50 June 17 June 53* Sale 183* Sale 72% 80 June : 14 Jan. 14 Jan. 15 Feb. 17 June 21*4 1% Sale 9% Sale 8% Sale 11954 Sale 5 1 June 25 June June 47 39% 40% 19% Sale 99% Sale 88 Sale Sale Sale 74% Sale 45 106** Cushmans Sons 7% pref..100 58 preferred..............* Dayton Pr A Lt 4% % pref 100 20 39 Sale Cutler-Hammer. Inc........* Davega Stores Corp........5 30% Sale Sale 1 1 £25 62 June June 30 June 17 125 17% preferred..........100 5 % conv preferred ...100 Rights w June June 56** June 155** June Sale ..25 pref 625* Sale Sale ................. Co June £25 Sale Sale 25 June June 21 17 19 8 Apr. 6 Apr. 6 Apr. 13 Feb. 195* Sale 25* Sale 85 83 Sale 9 25 24 5 Jan. 23 Jan. 4 Feb. 27 Jan. June 4 Apr. May June Sale 4 June Sale 9** 30% Sale 40. June 28** Sale Sale page 31** 99** 9% 14% 104% 38 235* Sale 2% Sale ..20 Jan. 18** Jan. 87 Mar. 95 Mar. Mar. Jan. Jan. Jan. Jan. Feb. June Sale Sale A 10 17 17 Feb. 10 Mar. 5 Jan. 14 Jan. 25 22 Jan. Sale 1 Crown June 83** Apr. 87** June 2% June 100% 108% 29% Sale" 3% Sale Continental Motors Preferred June 80 Continental OH of Del.....5 Continental Steel Corp * Corn Exch Bank Trust Co..20 conv June June Sale 52.25 llH 11* Feb. 21*| Apr. June 14 Sale Coty.Inc 63** Apr. 103** May June June 110 Sale Continental Diamond Fibre 5 Crane Mar. 46 18 Mar. 9 Apr. 12 Apr. Jan. Jan. Jan. 108 Jan. 101 Jan. 69*4 Jan. 114 Jan, 80*4 Jan. 120 Jan. Jan. Jan. 755* Jan. 19** Feb. 45** Mar. 19*4 Jan. June 7 85** Sale 29 565* Apr. 100 6 20 June 9 Mar. 19 Jan. 6 1255* 39** 46** 20** June 2 85 2054 Sale P 30 June 84 June 80 0% June June 89 106 June 45 155* June 14% June 111 May 28** June 38* May June Sale Sale June June Sale Sale 59 25% 104% 02% 11254 Jan. June June Sale , June m% Apr. June 80 8 3 % June 25 June 31 15 17 132% June Jan. 122** 56** 17** 13** Sale 2% Sale 47% Sale 64** 119 Sale 84 June June 5 June 26 June 5 63** 106 36 it* inJ 26 11% 100 Jan. 108 82 75** 58** 120 47** June June 1 June 10 June 2 41 % Mar. 23% June 102 June June Sale 29 103 47** June 108 June 22 20** June June 16 Sale June June June June June 42 21 119** 121 35** Sale 42 42** 18% Sale 105** 106** 117 *8* Jan. 445* Apr. 90 Jan. 50** Feb. Feb. 28% June Apr. June 113 Jan. 84 132% 130 4 a48 49% "25" 42 87 85 June 16 Feb. 18 Feb. 23 105* Mar. 40% May 103** Apr. 1025* June 38 Sale 122** 107% June 11 1025* June 70 2 3 11 £eb. is 92 Feb. June 14 7% June 39% June June June Mar. Feb. Mar. Jan. Jan. June June Sale Jan. 35* 10** 85* 27** 22% 15** Mar. 80 Mar. 135** Feb. June June 41 June 19 Sale June June 86 34** June 13 6 May 19 3% Mar. 1# Mar. 65* Mar. 19** Feb. 33 Feb. 70** Jan. June June June June cV/s Sale June June 6 June Sale "ibu Sale" a* June June Sale 30 see June 24 2 June 35% For footnotes 41 63 • 637,900 2,270 1,000 19,800 23,000 21,100 3,020 188,700 34,100 41,100 356,500 549,300 49,300 June May June 18** 26 29,600 Cream of Wheat ctfa 65,900 196,300 6,900 12,700 1,105,400 23.400 203.800 7,700 June June Sale .1 Bakcl A. 8% preferred... Continental June June June Sale Sale 90 68* June June June June 331,500 Continental Can.... 95,200 135,900 493,300 489,500 95,600 20,490 162,700 6,100 502,100 187,500 32.632 39,800 June June June June Rights 226,200 233,300 Continental ClassB 756,200 June 2% 4% 4% 12% 25% 57% June 4 June 10 Feb. Mar. Mar. 100 Mar. 45* Mar. 13** Mar. Mar. 18** Mar. Aprt June 20 June Sale 18 238,200 Consolidation Coal Co vtc.25 5% preferred v t c 100 45,120 672,300 Container Corp of America.20 June June June Feb. 10 Feb. 48 June June Sale 82 111 June JK 865* Mar. 10 235* Feb. 10 Jan. June Sale 7% preferred 100 6** % prior pref 100 6% % prior pref ex-warr.100 ... June June 51 Sale Sale 45 115 •Consolidated Cigar.. 1,634,300 55 preferred— * 2,500 37,200 Consol RR of Cuba 6% pf_100 561,000 ^Consolidated textile. June June Sale 10% Conso'idated Oil Corp......* 7 June Sale Sale Sale Sale Sale Sale 20 .._* June 24% Sale 21% Sale 13 ** Sale 4% % pref.100 $5 preferred 40,200 84,100 Consol Laundries Corp 8 June 3% 9% 2% 12% June 12% 1 88* 97 June Sale 4 £79*1 June Sale 00 May 13 11** June 18 48** June 19 June 110 June a2*H Sale ~~2*4 Sale" 52 partic preferred. * Consol Edison Co of N Y fnc * 4,700 10,900 Sale Sale Sale Congress Cigar. 66,300 2,900 June 2% Sale 1154 Conn Ry A Ltg 6,400 50,300 9,300 3,400 119,200 570 Sale Sale Sale 69 *4 ... 74,000 17,700 1,500 12,600 23,900 26,232 39,000 668,300 June Sale 9 17 65** June June 5 3% 185* 3% Commonwealth A Southern 5,700 35,600 4,300 17,300 29,200 46,200 1,800 June 69 13% pref ser of '35__* Consol Him lndu«trvv^_. 1.600 June Sale 78** 09% June 63** June 10 4 20** June June Sale 25 7% Sale 2 % Sale 14*4 Sale 7** 9 31 31 5* 2% Sale 2; 10 3,000 14,700 11,100 1,510 80,600 226,200 9,000 23,800 2,300 Sale Sale ~~2% ~"3~" 25 ... 00% June 22 11** June 18 48** June 19 Sale 10954 u03 35** 363 37 ** 50 8554 86** 66 ** Sale ....100 104,000 2,000 120 Sale Sale 100 1,900 29,400 Columbian Carbon v t c 89,ooo Columbia Pictures Corp vt c * 52.75 conv pref 10,000 3,700 2,700 Sale .... 100 300 40 Sale Sale 82 410 5,400 1,800 7,400 Sale 250 Cleve A Pitts RR Co 7% gtd 50 Special guar 4% 170 50 40,000 Cluett, Peabody A Co... 500 , 71 36 New * 10,900 Preferred 100 1,030 Rights 114,700 t 64,300 Coca-Cola Co (The)........* Class A ; : 4,500 * 521,900 Colgate-Palmolive-Peet Co 6% preferred...........100 10,200 • 134,800 lolliner A Alkman 5% preferred .....100 4,030 v:h 1,310 Colonial Beacon Ol' 83,000 Colorado Fuel A Iron Corp. Ask Sale 718 Cleve Graphite Bronze (The) I . "4~300 Sale .....* Rock Isl A Pac 5,360 CleveElec Hi 54.50 50 23,500 Chicago Mall Order Co Chrysler Corporation 67,500 70 400 4% preferred -100 {Chic Indtanap A Louis pf 100 13,700 Chicago Yellow Cab • 39,000 Cblckasha Cotton OH 10 * 175,100 Childs Co ,2,210 Chile Copper.. ......25 780 2,200 114,700 4,500 0% preferred.. 100 {Chicago Great Western. 10« ..... 7,300 260 t»< 90,100 City Ice A Fuel 6**% preferred— 100 120 City Investing Co........100 107,300 City Stores 5 80,300 Clark Equipment 280 C C C A St L Ry Co 5% pf.100 6,100 2,100 10,900 tChlc A East 111 RR ^ 9,670 30 Ask Ask 100 7% prefferred 6% preferred 1,614,400 9,300 970 Pref series A Bid Feb. 11 6 4 .."aP® aai;-aaa:,a:>' ® avaa.j,;. a aa a';. - a,aa.. - a -aa ppaaa,Pa';' , 6 14 27 10 16 5 I 5 21 5 5 17 8 18 V. :' ir. ' l>p: v'.;p:P i'-aaa®:"a,- aa,-'.; V.' sales aqqreqate Price N. 7. STOCK EXCHANGE Since Jan. 1 Jan. 2 1937 17,200 4,270 1,150 13,200 49,500 10,400 11,600 293,700 16,000 17,400 1,430 43,050 199,100 25,900 589,040 Detroit Edison 11434 Sale Detroit & Mackinac Ry Go 100 30 100 5% non cum pre! June 12 June 5 3 Pref—25 Diamond T Motor Car Co—2 Distil Corp-Seagrams Ltd * 5% pref with warrants. 100 Sale Sale 34 June 29 3634 June 9 17% June 9 2334 June 11 Dixie-Vortex Co............* Sale 220 Participating Dome Mines 8534 18 Sale 34 June 21 35 35 June 9H Sale Sale Sale 534 1434 Sale^ 100 1 234 115 Sale Sale 100 133 lstpf.100 Sale 114 5 Eastman Kodak Co. of N. J-* Sale Sale Sale 162% /8 Sale Sale Sale Sale Sale Sale Sale Sale Eastern Rolling Mills. —100 6% preferred 4 Sale Electric Boat Sale Sale Kltlngon Schlld...... * * Electric Auto Lite (The)—5 Sale Sale Eaton Mfg. Co - Sale ..........3 434 June 15 1434 June 14 Sale |6 cum 1 100 100 4% 1st preferred 4% 2d preferred Eureka Vacuum Sale Sale Sale Clean......5 Evans Products Co.........5 Exchange Buffet Corp..—..* 40. 87 June 28 44% June 2 2 15 June 3 June 15 8 June 21 June 4 21% Apr. 28 29 14 June 1 55 14 60 June June 15 9 June 5 June 14 June 15 834 62 64 • 6 June June 105% June 10 115% June 15 17% 59 May 19 63% June 15 7834 Mar. 18 86% 9% 23% 35% 2834 8 •;/ 1 26 % June 1 1934 June 1 June 29 81 4% June 28 4 34 June June 23 51 June 13% 19% 1434 *75% 7% 10% June 3 26 June 8 3 % June 1 3 % June 5 2534 June 11 57% June 10 June 28 14 4534 June 14 16% June 28 3 8834 June June June June May June 29 29 28 27 17 Jan. 16 Mar. 17 Mar. 17 Mar. 17 Jan. 80 18 June 29 2% June 30 14 14% Jan. 21 3434 Mar. 3 Jan. 21 SB June 28 15 June 14 634 June 24 1 1 June June 3 June 15 June 3 100 June 17 June 17 634 June 24 6% June 17 June 1; June 1 14 June 2 June 30 June June 9 June 3 2 3634 June 1 June 10 33% June June 8 3 31 June % 93 Sale WA June 17 June 30 104 Sale June 21 42 June 28 28 14 Jan. 11 June 28 29% Jan. 18 Jan. 4 May 25 103 Jan. 27 150 Mar. 11 9 129 Apr. 2 Apr. 70 Feb. 19 118 4 6 June 14 31% June 30 43 9 108 93 June 36 May 12 45 39% Apr. 19 39 June 17 41 Feb. 46 26 14 Feb. 1| June 30 107 52 June 21 Feb. Feb. 5% Jan. Jan. 3 3934 Sale 10334 Sale Jan. Jan. 71% Jan. 31 21034 Jan. June 23 3 2 20% Apr. 49% May 18 128 l! Sale Sale June 30 31% June 9 June 30 50 35 Sale Sale 37 Sale Sale June 26 5634 June 7 Apr. 12 May 8 June Mar. 17 June Mar. 9 Jan. 18 Feb. 19 Mar. 11 9 1 5 5 9 1 Mar. 9 June 4 Mar. 58 39 June Mar. Feb. June June 60 June June 29 58 25 June 21 128 37% June 17 54% 100 June 23 135 7% June 16 83 9 55 June Sale June 10934 50 Sale Sale June June 26 June 15 2434 May 14 3234 Jan. 13 Mar. 25 105% June 22 117 June June Sale June June 1034 Sale 125 June 4334 Sale 124 112 Sale Sale 1 7% 4% June 14 11% June 14 13% 3834 June 29 *3934 22 Apr. 26 33 95 May 13 10634 June June 14 June 29 June 26 June 21 Sale Sale June 29 June 10134 Sale 1634 June Sale Sale June 1234 102% Sale 17 June 29 Sale 10734 100% June 14 Sale June 30 Sale Sale Sale 150 Sale Sale Sale Sale 10 June 22 June 5 3 June June June 23 June June 21 June Sale June 29 June Sale June 14 June June 11% 834 Sale Sale 115 June 17 17 June 122 49** 134 Sale June 30 June 130 Sale Sale June June Sale Sale June June Sale Sale Sale June June 59 52 56 June June ! June 29 June 4 June June 154 Sale Sale 6234 Sale June 61 % Sale Sale Sale Sale June Sale Sale Sale June Sale 44 June : June Sale Sale June : 48 60 June 10 June 5 June 10 Sale Sale Sale June June Sale 46 Sale June 109 Sale Sale Sale Sale 104% June June L04 Sale June June 3 Sale June June 31 Sale June June Sale June June 26 Sale June 36% 35 Sale I June i June June Sale Sale 80 June June 4134 8634 Sale 8834 June 11 June 3 June Sale Sale „ June Sale Sale I June June Sale 43 June June June June 15 117 114 54 Sale Sale 52% I Sale ; Sale 110% ; . , June June i June i June i 11 Mar. 4 4 Mar. 31 8 June 1 June 17 Jan. Feb. 19 3 Jan. 8 June Mar. 22 64 Jan. 65 Jan. May 1 124 8% May 15% Apr. 28 L06 Mar. 20 19 Jan. 19 June 21 110 5% Jan. 13 , 3% June 23 4134 May 13 June Sale Sale Sale Sale 4 Feb. Mar. Feb. 1 48% June 14 70% Feb. 11 2 113% June 17 122% Feb. 42% May 21 60% Jan., 9 1 17 1534 Feb. June : Sale 17 14 Feb. 13 21 9 18 29 18 108% Sale Sale Sale 5 Jan. 108% Sale Feb. Jan. 1 9 17 152 14 64 J13 44 108"" Sale Mar. Jan. May 49% June 36 May 1% May June ! 11834 28 23 Sale : 16 Jan. Jan. Sale 9% Jan. 30 117 June Sale 4 June Sale June 26 June 21 34% June L34 119 3 Mar. 19% Feb. lb Sale 12334 Sale June 17 , 10% May 13 15% 99% June 14 10534 62% June 30 86% 10% June 23 19% 135 June 21 153 7% June 29 20 June 14 39% June 17 L12% Apr. 28 June 135 Sale 11 9 8 25% June 18 14 12 Jan. 4 45 7 38 27 Jan. Jan. 3 5 3 14 Jan. 73 2 June June 5 Apr. Apr. Feb. 48% Jan. June June Sale 105 June 14 June it* 5 Jan. June ..... see page 6 14 7 Jan. 8 Jan. 16 Jan. 10 Jan. 18 Jan. 18 Feb. 11 Jan. 10 Jan. 16 Jan. 30 Feb. 19 Feb. 10 9234 June 15 2% June 30 Sale Sale Sale 35 96 ........... ..... Feb. 26^ Jan. Jan. 18 9 3 22 140 102 .........100 Federal Motor Truck • Federal Screw Works.......* Federal Water Service A—-* Federated Departm't Stores.* 4Ji% preferred ......100 Fidelity Phenlx Fire In«.2.50 110 Fllene's (Wm) Sons Co...—* 203,700 Firestone Tire at Rubber—10 17,600 6% preferred series A—100 56,600 First National Stores. 254,800 Fllntkote Co (The) * 17,800 Florence Stove Co—...... 4,600 Florshelm Shoe (The) cl A.. 157,200 tFollansbee Bros ......—* 41,300 Food Machinery Corp.....10 2,780 4)4% conv preferred....100 10 167,200 Footer-Wheeler 3,480 7% conv preferred........* 56,600 Francisco Sugar Co 870 Franklin Simon pref......106 211,100 Free port Sulphur Co......10 950 6% conv pref .......100 1,440 Fuller Co prior pref........' 16 2d preferred 5.160 * ' Mar. 17 4 734 June 17 Sale 90 Preferred... ...— Apr. 1934 June 29 1434 June 28 Sale" {6 preferred ——* Federal Mining 8c Smelt..100 ......... 16 45% Feb. 11 16 Feb. 26 37% Feb. 11 Mar. 6% preferred 100 Falardo Sug Co Porto Rico.20 Federal Light Ac Traction-.15 93,100 Gabriel Co (The) Class A...* .....1 12,500 Gair Co Inc (Robt) 620 $3 preferred ..10 10,550 Gamewell Co (The).......—* 1,230 Gannett Co Inc conv $6 pf—* 158,700 Gar Wood Industries Inc...3 105,700 Gen American Investors....* 4,700 $6 preferred..... ....—* 75,800 Gen Amer Transp Corp.....5 6 185,500 General Baking Co 1,130 $8 1st preferred........—* 210,600 General Bronze........—5 —* 155,400 General Cable Class A * 51,300 Preferred 7%.......... 100 12,700 31,800 General Cigar Inc....— * Preferred (7) 650 ——100 * 1,394,400 General Electric......... 222,200 General Foods. 537,300 General Gas & Electric cl A-* $6 conv preferred A 1,810 * • 45,000 General Mills 3,970 6% preferred —100 3,279,400 General Motors Corp———10 Preferred (6)... 39,400 * 9,600 Gen Outdoor Advertising. A* Common * 109,200 31,600 General Printing Ink ..1 450 $6 preferred.. —..._■* ...* 100,700 General Public Service * 67,800 General Ry Signal....— 430 6% preferred 100 664,000 Gen Realty A Utilities Corp.' 41,100 $6 preferred—......—* 63,700 General Refractories.. 10,750 Gen Steel Castings $6 pref. 103,200 Gen Theatres Equip Corp...* 15,700 Gen Time Instrum Corp -* * 518,000 Gillette Safety Raser $5 conv preferred——. 13,600 375,600 Glmbel Brothers——* $6 preferred ......—* 17,100 168,300 Glidden Co (The) * 4 J4% conv preferred 15,300 50 1 269,700 Gebel (Adolf) 1 207,800 Geebel Brewing Co 330 Gold & Stock Teleg Co...100 15 Apr. 28 Apr. 14 2 Sale * Fairbanks Morse at Co 10 June 17 4% June 15 14% June 14 17 18 10 Jan. June 60 Sale 16 Jan. 10 4% June 28 334 —100 8% preferred June Jan. _ 34 9 1 67 7 5 Feb. 10 29 June 23 June 7 38 16 Jan. June Sale -25 Fairbanks Co. 4 June Jan. Jan. 55 39 1 Apr. 2» Jan. IS 13034 June 29 135% Feb. 10 110% June 16 115% Jan. 22 Mar. 5 934 June 17 17 151 Apr. 29 175% Feb. a 150 Jan. 11 Apr. 2 163 13 34 June 29 Sale 40 Erie & Pittsburgh RR Co..50 June 30 29 June 22 134 June June 8 Sale Sale ......-100 Jan. Mar. a Jan. 25 2 5934 June 21 63% June 15 6634 7234 5% preferred—....—* • 5 7 8 9 10534 June 10 62 Equitable Office Bldg Erie Railroad iH 108% 9% ...100 51 12 77 June 1 Sale $5 conv preferred ......— * *5.50 preferred w w ——* May 13 June 30 135 . Vk* 70 O June 23 3 134 June 29 8 3% June 29 1434 June 2 17 112 May 28 122 148% Apr. 28 180% 9 13% June 40% June 1134 June 5 15 O Feb. June Sale 4% 5% preferred 17 5834 June 15 3234 June 28 38J4 Engineers Pub Service...... June 62 46% Feb. 17 Mar. __ June 25 167 34 June 14 172% June 26 June 2 150 June 1 152 June 5 2934 June 15 34 10% June 17 3534 June 17 934 June 17 June 135 9 16 114 11% June 9% June 17 4134 Jan. 25. 96 25 47% May 17 4 % June 11 1534 June 7 110% June June 21 38) 9; June 14 June 30 Sale Sale Endlcott-Johnson........>50 2 June June 28 45) 24) 13034 June 29 133 Sale $Elk Horn Coal Corp * 6% preferred 50 El Paso Natural Gas Co....3 June 29 June 2 29 June 16 2 4 " 4934 June 21 2834 June 1 % June 4 June June Sale * June 25 June 29 Feb. Feb. Apr. 10* Mar. 17 35 7 June 30 115 14934 June 15 158 Sale * $6 preferred Elec Storage Battery June 22 112 Sale Sale Sale Sale 6% non-voting deben Duquesne Light 5% 3 June 2434 34 134 334 1434 . 2% June 36 40 23 34 2034 June 1 3634 June 10 37% June 11 42 June 29 80 18 June 30 88 June 29 34 9% June 2 1 6034 June 10 June 30 June 30 135 135 46 Sale Sale 26 *14% June 14 2034 Apr. 28 June 54 Sale Sale 15 3834 June 1 9% June 23 Sale Sale 11% Sale (EI).20 Du Pont de Nem & Co June 28 34% Sale Sale ---• 8% preferred Sale Sale *14% June 14 2034 June 17 80 June 16 38% Ltd Stores Ltd Sale 37 —* Co.....* Class A Doehler Die Casting Dominion 17% Sale ^ 48,200 150,900 60,100 47,820 18,090 71,600 2,000 88,000 93,200 1,730 11,700 6,700 226,300 141,500 144,300 25,900 13,700 66,500 7 29% June 49,600 83,500 126,900 161,000 12,000 1,650 28,600 7,100 4,900 1,100 81,500 362,400 150,000 55,400 For foothftei June Highest Highest 11034 June 15 146% Jan. 7 9% Apr. 9 22 May 10 20 June 17 30 May 13 Feb. 17 59% June 29 76 June 23 June 29 42,100 o 11234 11034 June 15 115 16 June 1 16 17% 22 20 June 17 2934 5934 June 29 61 5934 26 62 Elec it Musical Ind— 339,300 American shares.......... 1,215,700 Elec Power 8c Light * 75,200 $7 preferred —.....* r; Lowest Sale Prices Sale 215,500 12,100 2,210 199,900 62,500 2,270 99,400 236,500 293,300 502,600 „ Highest Sale Prices Sale * - _ Ask Diamond Match—..—.....* Devoe8c Reynolds A.. 7,800 Dresser (S R) Mfg cont cl A..* 18,200 Class B • 17,000 tDuluth South Sh 8c Ati.lOo 28,000 6% preferred ...100 30,200 Dunhill International—.—1 10,600 Duplan Silk • ■, Lowest Sale Prices June 30 June 1 Ask Douglas Aircraft Co Inc....* 200 Dow Chemical Co * ■ i, Par .....100 Shares * RANGE SINCE JAN. 1 PRICES IN JUNE STOCKS ' > EXCHANGE-STOCKS N. Y. STOCK 34 55 48 June Apr. June .June 4 4 28 117% Jan., 22 5% Jan. 20 26 7 17 48% Jan. 88 Jan. 4 6 28 33% Jan. 25 14 43% Feb. 11 14 20% Feb. 1 17 June 29 20% June 24% June 14% June 80 May 20% Jan. 80% June 39% Apr. 51% May 65% Feb. 18 4 29 30 14 June 14 5% June 17 110% Apr. 29 7034 Feb. 8831 Feb. 23 9 9 51% Jan. 28 5834 Jan. 18 Feb. 25 Feb. 19 Feb. 17 115 29% Mar. 9034 Mar. SB July, 1937] aggregate EXCHANGE-STOCKS N. Y. STOCK sales Sines Jan. 1 prices in june STOCKS H. t. STOCK UCHANOB '• Shares 689,400 42,600 1.592,800 89,400 31,300 80,800 1,660 1,041,500 Par Goodrich (B P) $8 preferred———* * Goodyear T *k R S5 preferred----—-.——* $7 2d preferred-.---.—... Silk Hosiery—. Gotham -——100 Preferred Graham-Paige Motors Granby Con8ol Mining 365,600 Smelting & Power Ltd—5 142,100 Grand Union Co trust etfs. -1 71,900 74,600 49,500 378.500 794,300 80,900 1,890 $3 conv preferred series...* Granite City Steel—..* Grant (WT)... • 4 Great Northern Ir ore prop Great Northern pref....-10n Great West Sug——— Preferred. -— Cooper.. 10# 618,100 Greyhound Corp (The)—-* 28,500 5)4% preferred... —10 82,500 Guantanamo Sugar— 3,220 8% preferred—...—.100 21,700 Gulf Mobile «t Northern..10< 19,700 6% preferred.———100 5,600 Hackensack Water..—.. Preferred A....—.... —25 3,170 ..It 163,100 Hall Printing. * 26,700 Hamilton Watch.—. 1,980 6% preferred..——.. lioo 3,120 Hanna (M A) Co $5 pref. ....* * 59,200 Harbison Walker Refrac. 310 6% preferred.—..—. -100 1 39,400 Hat Corp class A..—.... 1,190 6)4 % preferred w w__. .100 2 182,500 Hayes Body Corp.—... ..25 17,000 Hazel-Atlas Co 394,400 Hecker Prod Corp ▼ t c_. —25 3,000 Helme (G W) .100 610 7% preferred 53,300 Hercules Motors.. ...... «,m> mm mm, rnmmm 14,700 Hercules Powder...........* 1,610 6% preferred........—.100 9,400 Hershey Chocolate-• 9,500 $4 cony preferred...——* 200 Hinde & Dauch Paper Co—10 54,300 Holland Furnace.-...——* 5,410 $5 cony preferred.........* 126,800 Hollander (A) k Son...—5 107,500 Holly Sugar Corp.....—...* 250 7% preferred. 100 24,915 Homestake Mining... 100 New. 12.50 10,400 10,400 Houdaille-Herahey el A ....* June 1 Sale Ok Sale 2k 32k Sale 81k 28 H Sale Sale 101H Sale 114 116 \4 11k Sale 93 96 k 3 H Sale 6k 4)4 Sale 21)4 23 Sale 47)4 Sale Sale 20 42)4 Sale 52 34 Sale 145 62k Sale 73k 80 14 % Sale Sale Sale 8 XA 12$. 13 63 33 34k 13 k 35k 37H 14 28k Sale 105H 106 102}| Sale 51 Sale 128 k 130 16k 107 l«k 46 k "5"" Sale 148 k 168 129 63 65* 108 112* 145 127 42 113, Sale _ 407 425 21,300 5,400 1,094,300 240,100 50,800 14,900 527,600 82,000 Howe Sound Co 102 Sale 105k 155 29 101 155 25 152 Sale 104 Sale 39 k Sale Sale 104 Sale 33k Sale Sale 106k 108 Sale Sale Hudson Motor Car.——* Internet Nickel of Canada..* Preferred............ 100 Sale 47 71 Sale J?** 134 135 117 ; 110k 5 5 43 Sale Sale Sale 480 .......... • Preferred.. ............100 12,385 Tones 4c Laugh Steel pref. 100 Stove 8c Furn ColO 23,400 Kalamazoo 560 Ka'nsas City Lt 1st pf Ser B * 133,900 Kansas City Southern—100 18,700 4% preferred —.100 21,200 Kaufman Dept Stores,. 112.50 25,000 Kayser (J) 8c Co............5 370 Keith-Albee Orpheum pf.lio Kelsey Hayes WheelConvertible class A—...1 71,400 Conv class B—.—l 68.100 1.610 Kendall Co $6 pt pf ser A...* Kennecott Copper -—...* 168,300 Keystone Steel 8c Wire Co..* 30,700 Kimberly-Clark............* 79,400 Kinney (G R)...—.........1 8% preferred.............* 27,160 30 $5 prior preferred........* War footnotes see page 40* June 16 June 155 c24 58 June 29 Sale 93 9 35 Sale Sale 108k Sale 7 18 6k 53 k Sale Sale 105k Sale 108 105k 145 k 146 k 147 191 160 Sale Sale 47 Sale Sale 90] 1 13 k June 17 3 May 11 Mar. Jan. Jan. Feb. 3k June 9 14 8 9 7 June 9 86 Sale Sale 28 Sale Sale 88 Sale 05 Sale "25" 120k — 87 Sale Sale Sale Sale 13 7 Sale Sale 102 Sale 6k 5k 45k 7* 6* 48 25k 25k 43 k Sale 40 95 Sale Sale m 5k 'M 23 40 32 75 6 5k June 6 24 41k June 36 June 88 June 9k June 10k Sale Sale Sale 30k 34 115k 120 21 32 Sale 33 k 26k 27k 20k 22k 98 k Sale June 24k 39 24 124 June 42 20k June 00 June Sale LOO 103 k 102k Sale lk Sale 18k 18 k 'if.:* 18 k 28 28 Sale 27 k L22k 126 122k 132k 76 k Sale June 44 6k Sale 10k Sale 128 123 L24 June Sale Sale Sale 1 .v;; 17 June June 27k June 69k June 120 June 123k June 118k ill7k June 28 30 119 Sale 24k 27 June 116k June . 15 June 25 k June 25 June 8 June June June June June June June June June June June June June June 6k June 95 Sale 21 Sale June June Ilk June Sale 6k Sale 99 8 June 16 June 8 June 11 4 3 8 11 2 28 5 7 25 76k June 129k June 124k June 124 June 33 June 4k June 41 # 69k June 30 June 25 20 June 99k June 16 F96 17k Sale June 17 17k June 1*1 June 22 12 June 18 102 k June 14 60 June 14 16k 16 42k 6 k Sale 59k Sale 38k June 11 5 June 14 48k June 14 June 28 35 4 June 1 3 June 4 June 8 June 5 40 June 6k June 8 2 59k June 35 Jan. 1 June 28 June 28 June 30 Jan. 6 Mar. 17 Mar. 17 Jan. 35 5 8 Jan. 2 Feb. 15 25k June 28 96 , 87k Jan. June 17 155 Mar. 18 126 xll7kJune 29 136 28 June 29 46 115k Apr. 8 121 15 June 28 29 27k June 15 ; June Jan. 18 Jan. 20 Apr. 20 Jan. 6 Mar. 16 Mar. 11 Apr. 14 Apr. 14 Jan. 4 June 5 162 Jan. 18 16 k Jan. 29 15k Apr. 9 18k Jan. 7 55 k Apr. 29 78k Mar. 10 127 k May 27 135k Jan. 5 16 k Feb. 23 24k Apr. 6 10 k Feb . 24 18 Apr. 6 5 )4 J ail. 12 Apr. 6 90 k Jan. Apr. 6 Feb. 16 5k June 17 8 6 June 8k Jan. 30 43 k May 26 57k Feb. 16 24 June 15 28k Jan. 25 4 41k June 17 49 k Jan. 2 52 Mar. 11 31k Jan. 88 June 17 110 Feb. 19 9k May 14 15k Feb. 17 20 k May 27 36 k Jan. 8 100 May 28 107 % Apr. 6 2 1 June May 18 5 17 June 18 Jan. 30 25k Jan. 26 30 Apr. 15 Api 121 Jan. 16 126k MS ar. 29 109k 15k 25k Mar. 11 22k Jan. 20 47k Apr. 20 144 Feb. 5 137 Jan. 21 131k Mar. 6 May 13 33k Feb. 23 , 21 57 k Sale Jan. 20 30 28 1 'Xt June 17 k May 18 June 39 Mar. 17 Mar. 11 72 June 28 June 28 33 k Mar. 27 1 94 June 20 •01w 106 38 11 30 33 24 Sale 12 17 June 28 120 120 120k June 21k June 33 10 21 21 Apr. 24 44k Apr. 30 4 8k J&n* 4 6 k Jan. 18 10 May 8 5 June 16k June 30 23; June 25 June 5 June June June 43k June 146 k June zlOl k June 146 June 9k June 7 k June Sale M 5 15 11 22 4 6 5k June 17 13 Jan. 21 64 07 k Apr. 24 111 5 11 4k Feb. 16k May 13 28 2 5 Jan. 9 4 63k 42 Jan. 46 k June 14 189 7 112k 99 k Apr. June 1 June 1 June 1 June 29 June 8 10k June 132 Jan. 4 44k June 60 k June 13 k June 12 k June June 23 June 4 June June 15 21 June June June June 65 19 55k June 18k Sale 7 Mar. 3 Mar. 29 50k June 29 41 Jan. 5 27k Feb. 11 4 Sale 132 127 9 Jan. June 28 Ilk Sale Sale Sale Sale Sale June 24 5 Jan. Sale 135k 4 9 9 11 132*| 19 4 Feb. Jan. Mar. 52 June 25 120 Jan. 27 30 June 22 43 Apr. 27 114k May 14 431 1 3 8 k June 16 k June 58k Sale Sale Sale June May 13 3k June 17k Sale 8 Mar. 12 111 3 37 Jan. June 78 k June 63 k 0k May 17 185 Feb. 3 May 22 135k Feb. 2 Apr. 27 67k Jan. 21 Jan. June 24 June 4 June 9 June 9 -0k Jan. 14 Mar. 3 Jan. 25 Feb. 9 6 166 May Jan. 6 June 17 39k Feb. 11 June 28 June 30 May 17 126 Mar. 20 10k Sale Sale 11 Feb. 10 17 J Ilk Sale 9k Sale 9k 5 20 73 94 94 5 16 18 22 4 "23k Sale Sale Feb. Feb. Jan. Mar. Feb. Jan. Mar. 25 June % June 19k June 45l June 4k 4k Sale 5 k June 6 54 k June 51k 54 : 110 108k June Sale 6 5k June Sale 17 k June 106k Sale 31 9 108 Jan. 135 k „ 2 June 11 61 June 28 June 40 June 28 132k June Sale 124 Sale 8 Jan. 7 20k Feb. 10 June 14 12 180 Sale Feb. 5 91k June 25 12k June 7 Sale 130 Mar. 18 Jan. 11 36 June Sale June 30 June 28 m 2 2 4 June 29 46 12k 98 Mar. Mar. 10 Mar. 10 Mar. 3 Feb. 8 6 1 28 k June Sale Ai p 8 8 June 28 73 8 Jan. 5 May 20 Jan. 17 k Mar. June June 11 June 30 Sale 14k Sale 8 Mar. 59k Mar. 21k June 37 Feb. Jan. May 14 4 • June 27 48 k 47 k 28 k 56 k May 14 105 June 17 58k Apr. 13 140 June 22 17k June 23 106 k 103 k June 29 107k June June 3 36 37 June June 35k June 17 41 102 k June 25 108 k June June 16 23 26 June 29 k June 22 33 k June June 17 112k June 14 111 June 15 *391 367 June 17 47 k June 24 50k June 29 18 9 June June 24 June 8 130 June 25 June 29 61k June 35 5 Apr. 148k June 17 154 125 18 Jan. June 16 155 June 16 9 June 17 28k June 44 40 6 0k Sale 13k Sale 62 k 18 k 14 39 k 125 135 96 k 60 89 k 157 186 28k Sale 2,910 June June 28 103 k June 11 2 Ilk June 30 13k June June 11 L00k June 10 101 37k 42 150 19 k $6 preferred—............1 4 Mar. 10 Jan. Feb. June 29 Apr. 17 12 k June 51 Mar. 11 Jan. 27 June 16 June 16 LOO Sale Sale Sale 149k Sale 12 10,600 Jewel Tea Inc............. 97,900 iohns-Manvllle 1,254,400 — 17k Sale 32k Sale Island Creek Coal......... 16 June 16 22k Sale Sale 45 k Sale 58 47 k Internat Tel 8c Tel........ * 29,800 Intertype Corp........... 44 13 k June 17 3 June 4 Ilk Sale 6k Interstate Dept Stores......* Preferred.............. 10C Rights ............... Feb. Mar. 11 Mar. 11 Mar. 11 Jan. 12 Jan. 22 Feb. 1 15 June 17 14 k Sale 3 k Sale 45 International Salt.—. International Shoe.........* International Silver ...106 41,600 C Sale 5k Class C......——........* preferred—..—100 8 June Sale Sale 23k Sale 4k Sale 7 k Sale Preferred..............100 580,600 5,300 Int Rys of Cent Amer— Yotlng trust certificates.-* 1,970 5% preferred...........100 ; 9,450 7% Sale 136 "23 k Sale Internat Paper Be Power cl A * Class B.................. 11,700 22,000 50,400 6,015 1,333,000 126,900 1,780 110,200 June 17 June 18 May 13 May 26 28 100 Hupp Motor Car Corp——-1 1,243,300 4,900 305,900 218,300 771,500 2 June 2 June 11 June 10 June 7 8k 12 16 k Sale 3 k Sale ...5 8 May Apr. 24 "30 k June" "7 59 k June 1 88k June 11 13 k June 7 70k June 14 2 k June 15 7 June 28 15 k Sale 76 Sale 3 k Sale 5% preferred....—.....100 28,800 Int Business Machine#.....* 308,500 Internet Harvester,.— .* 7% preferred 100 14,900 934,100 Internet Hydro-Elec Sys A. 25 252,200 Internet Mercan Marina... 318,400 Int Mining Corp.—......1 2 Sale Sale Interlake lion.............* 535,900 Internet Agricultural...—* Prior preferred.........100 102,300 10k June 1 June 27 June 29 June 8 30 June 19 c29k June 15 31 13 k June 14 16k June 3 28 June 1 c26k June 3 28 June June 9 106 4 L03 June 99 99 ' June 22 101 1 Sale 1 40 June 17 46 k June 136 k 136 k June 29 136k June 29 Sale June 2 10 k June 22 13 June 10 94k 93 k June 23 Sale 1,247,600 8 8 2 29H Sale 59 k Sale 89 Sale June 28 4 Jan. Sale Sale Sale 68 k Sale June 14 June 17 54 k June 70k 14k Ilk 2k 4 June 15 June 29 8 35k June June 16 137k June l6"""june Sale 37 3 Jan. June 1 27 k June 2 65 k June 18 13 June 14 44)4 Sale 21 608.100 Illinois Central..........100 16,000 4% pref series A.......100 Leased line 4%.....——100 2,720 RR sec stock ctfs ser A1000 12,120 .....10 112,700 Indian Refining 316,700 Industrial Rayon Corp.....* * 22,300 Ingersoil-Rand 860 6% preferred ...........100 124,400 Inland Steel.............—* 722,500 Rights.....—........... 884,300 Inspiration Cons Copper..20 ...1 53,100 Insuranshares Ctfs Ine 82,800 tlnterboro Rap Trait v t c 100 34,300 d Interchemical Corp.......* 2,720 6% preferred........—.100 204,900 Intercontinental Rubber.. 135 J* 107 k Sale c.25 Hudson 8c Manhattan June 75k 106 111 380 82 June 62 42 5% preferred...........100 r t June 29 June 28 June 28 May 12 153 k 13 k June 28 96 Jan. 2 4k 7k May IS June Sale Sale 61k Sale 25 111 June June 15 Sale 31k 30k * Common stock—... Houston Oil of Texas June 17 Sale Prices 50k 77% June 29 87k 27k Jan. 4 47k 108 May 14 141. 64k Sale Sale 24k Sale 41k 17 z32 3 1 Highest Sale Prices 31 Jan. 4 9k June 3 k June 135 Sale * Class B Household Finance-* 8k June 21 2 k June 14 Sale Sale Sale —- 159,700 3 k June 29 35k 49k Sale 120k 121k 23 Sale June 25 9 90k June 3k June 155 130 102 k 13 100 140 27 June 28 Sale 99k 108k 6 June 17 Sale Sale 18 35 1 135 128 12 k Sale 100 k 101k 13 k Sale 110 125 164 167 34k Sale 44k June 5 81k June 11 Sale 48 12 Sale 30k 15 k 28 103 k 101 Lowest June 17 41 June 9 June 28 120k June 10 .Tune 2 111k June 2 83 36k 21k Sale 52 k Sale 34 k Sale 137 Sale 50k 64k 29 Sale 71 85 13 k Sale 10k 10k 29k 77% June 29 Sale 35k 11 37 k June 29 114k Sale 18 k 19k 36 k Sale 55 Highest Sale Prices Sale Sale 3k 3k 2k Lowest Sale Sale 38 9k 41 51k W* RANGE SINCE JAN. 1 Sale Prices Ask 79 111k Hlk 8k 9 90 k Sale 3 k Sale Sale 43 k June 30 Ask Bid d Ash Bid —- 120,900 Green (H L) Co.........---1 Greene Cananea Pries Jan. 2 1937 42 . 180 Green Bay & Western RR.100 670 35 - Mar. 16 5 27k Jan. 18 June 16 110 12 k June 17 23! 9k June 22 19] 101 May 25 109 51 Apr. 29 69J 14 k June 14 20! 8 46! 38k Apr. 5 June 14 9J 47k Jan. 12 71 35 June 28 35 Jan. 14 Feb. 11 Jan. 14 Feb. 4 Mar. 10 Mar. 8 Apr. 14 Mar. 30 Mar. 80 June 28 N. Y. STOCK EXCHANGE-STOCKS 36 sales aggregate Since prices in june STOCKS Jan. 2 \Jan. 1 1937 Par Shares jid 177,800 Kresge (S S) Co .........10 15,900 Kresge Dept Stores.........1 - 340 ......100 10,000 Kress (S H) 8c Co new.. * 160,300 Kroger Grocery 8c Bak 2,690 Laclede Gas Light 100 2,240 5% preferred ....... .100 176,300 Lambert Co (Thsj— * 6,700, 183,100 74,000 2,140 357,400 182,900 79,510 18,600 36,500 32,900 177,400 297,400 16,500 13,000 117,700 5,800 22,600 143,200 26,400 77,900 447,400 5,400 514,700 213,400 301,400 25,900 1,320 282,800 4,730 54,900 44,300 353,000 : 8% preferred - ' Lehigh Portland Cement. .25 4% conr preferred......100 50 Lehigh Valley Coal 6% conv preferred ...50 Lehigh Valley 38% 39% L50 160 18% Sale 2% Sale 16% 33 35 19% Sale 20 16% 28 23% 19% Sale 12 13% 24% Sale 38 36% 180 Sale Sale 16% 11 Sale * Llbbey-Owens Ford Glass.. Llbby McNeill 8c Llbby • ....5 Tob com..25 Life Savers Corp 25 Preferred..............100 Series B Lily Tulip Cup Corp Lima Locomotive Works... * Carbonic.......... Incorporated $6.50 preferred....— * ..._.• Loft Incorporated Lone Star Cement Corp..—* —* Long Bell Lumber \ Loose-Wiles Biscuit.....—25 —100 10 5 % (preferred Lorillard (P) common .......100 Preferred Louisville Gas 8c Elec A.....* Louisville 8c Nashville....100 Ludlum Steel............—1 Minn Mollne Pow Implem..* Preferred * 16,900 10U 11,100 Minn St Paul 8c S S M .... 7% preferred .....100 7,500 4% leased lines........100 87,600 Mission Corp * 221,500 Mo Kan-Texas 319,300 5% preferred series A...100 92,200 {Missouri Pacific........100 Convertible preferred..100 247,300 ............ 125.610 Mohawk Carpet Mills ..20 10 64,300 Monsanto Chemical Wks Sale Sale Sale 106% 107 2% 2% 57% Sale 6% Sale 41 43% 109% Sale 35 Sale Sale Class B...1 * Sale 5% preferred...........100 Murray Corp of America..10 Myers (F E) 8c Bros.........* Nash-Kelvlnator Corp.. 7,630 Nash Chatt 8c St Louis 195,200 National Acme......... 37% .100 1 82,400 National Aviation Corp. 437,700 National Biscuit....... 7% preferred..... 10 10 ..100 52,800 Nat Bond & Investment Co 5,600 5% pref series A w w.. ..100 • 229,800 Nat Cash Register _ see page 40. 5 18* IS* 12% 19 h 17% 8% Sale Sale Sale 43 June 14 12% June 14 25% June 5 32 June 30 39 9% Sale av/s 13% June 28 1% June 23 8% June 29 Sale 36 June 16 15 June 23 41% 41 June 17 17 59% June 28 1 11% June tale ale 58 53% 47% 75% 106 Sale Sale Sale ' Sale Sale 130 "20% 45 Sale 163 Sale 142 14% Sale If4 48 June 17 15 5 41 June 23 June 17 68 June 5 106 Mar. 31 3 20 June 26 1 130 June 1 88% June 5 June 4 143 Sale 55 10 Sale 9% 34% 35% Sale 44% 106 102 41% 24% 23% 39% Sale 13% Sale 44% 45% 17% Sale 108 26% Sale 15% Sale 98 85% 51 50% 20% Sale m 19% 13% 17% 7% Sale 31 June 130 June 46" 59% Sale 17% Sale 30% Sale 39% Sale 122 Sale 103% 106 102 105% 115 120 2 4 Sale 29% Sale 7 Sale 25% Sale 3 Sale 7% Sale 31 Sale 98% Sale 43% 22% Sale 34 73% Sale 06% 108 17% Sale 60 61% 41 Sale 14% Sale Sale 162% 33 Sale 100% 102% 31% Sale 32 ..... 42 Sale Sale Sale 16'* 79% 85 74 11% Sale 38 41H 59" 115 m 26% May 17 May 14 4 15% 6% 18% 3% 9% 1 % June 14 June 15 8 22 17 29 24 30 22 28 28 16 June 29 48% June 28 32% June 30 142 June 2 51% June 1 8 June 12 June 23 ; June 3 & June 14 17% June 12 8% June June June June 22 4 June June 15 17 June 29 10% June 1% June June 24 Jan. 39 Jan. 14 16% 29% 6% 14% 3 % Jan. Feb. Feb. Feb. Mar. 20 3 17 13 29 Jan. Jan. 21 June June 30 20 June June June 29 39 June 22 June 18 June 7 June 5 June 8 June 28 55 June June 28 6% 51% 30% 29% 13% 74 Feb. 5 June 30 41% Jan. 8 ill* ilH II* June 11 June 9 June 4 16 May 14 9 June Jan. June 1 May 17 165 June 1 June 12 Jan. 25 Mar. 15 15% Jan. 11 44 Jan. 13 66 June June 23 June June June June 21 Ill June June 30 36 3 Jan. 45 June 29 88 June 21 50% June 2 21 June 4 June 21 28% Jan. 35 June 7 May 10 May 11 42% Jan. 14 42% Mar. 24 June 1 June 11 iVA June June 9 7 36% June 15% June 10 7 45% June 8 13% June Jan. 6 June 21 95 June 21 Sale 25 June 17 29 June 94 June 1 97 June 69% 68% June 15 73% June 4 June June 29 June 9 June 5 10 June 9 May 25 Apr. 28 Apr. 29 June 29 if* June 108 June M 8 14 1 9 May 11 101 June June June 96 94 June 98 97 June 108 112 110 June 114% June 23 Sale 97 Sale 1% 1% 2% 3% 2% Sale 25% Sale 5% Sale Sale 11% 92% 1% 2% 2% 23% 2?* lH 15 17 June 28 96% Sale 16 122 June 14 29 June June 17 J* 27 June June 17 June June 28 June 24 June 28 Jan. 4 1 Jan. June 8 June 24 16 June 12 June 28 June June 30 9 June 14 8 16 Mar. 5 Feb. 23 Mar. 10 Mar. 5 Jan. 2 Jan. 22 Mar. 17 Mar. 10 7 101 June 16 13 9 Jan. 72% 26% 35% 48% May 14 120 4 124 May 9 19 Mar. 41 June 21 106 June 30 June 28 Feb. June June June 28 Feb. Jan. 86 96% June 13% 98% 1% 2% 3% June 28 12 Jan. 29% June 38% June 115 Jan. June 21 112% Jan. June 17 34% Apr. 33 June 19 16% Mar. 17 June 29 June 1 1 !54 June 29 lH 20 Mar. 27 Mar. 4 Mar. 10 Apr. 30 Mar. 10 13 Jan. 22 Jan. 2 May 20 24% Feb. 11 June 23 106% Mar. 2 Jan. 12 54% Mar. 12 16% June 21 3 11 13 93 3 7% Jan. 12 7 Mar. 30 28% 4% 42% 26% 24% 10% June 21 105 104 24% June 30 82 48 28 20 Sale Sale 63 21% Apr. 6 16% Jan. 11 15% June 25% June 33% June 23 Mar. 10 June 23 June 21 12% 11 Feb. 9 Mar. 8 Mar. 8 Jan. 20 30 Sale Sale Feb. 36 1 Apr. 34% Sale a Mar. 17 99 41% Mar. 11 June 24 17% 26% Sale Feb. 2 Mar. 11 Jan. 26 Jan. 8 110 May 12 28% Feb. 8 147% Jan. 20 28% Jan. 13 2 95 Sale 23 3% 75% 10% 43% June 28 Sale 3% v/s 26% Sale Jan. 110 8 June Sale 14 3 84% Apr. 19 12 Sale 1% 3% Jan. 61 53 % Mar. June 58 ■\» 13 June 16 Sale 110 28 Jan. 23% May 5 83% Feb. 15 16 Sale 110% Sale Jan. 175 June 12% Sale 9 114 4% June 100 157" 16 15 Sale 111 Jan. 15% Mar. 2 28% Jan. 18 113% Feb. 4 June 28 58 Sale 79 June 24 36 25 Sale 17% Sale 118 "63% 17 18 18 10 11 Mar. 31 96 Sale 73 "26% Mar. Jan. Jan. June Feb. Jan. June 22 100 12% 99% 94 _ 1 24% 3% 18% 43% 21% 58% 14 Sale V Sale May Feb. 6 14 13% 29 June 25 19% June 17 82% June 28 29% Jan. 4 1 Mar. 132% 62% June 17 58% June 10 15% June 31% June 17 1 13% June 42% June 21 11* 1 12 33 43% 12% June 50 3% June 15 Sale 43 3 10 47% June 10 June 17 June 23 Sale 44% June 29 June June 10% June 14 34 Sale 9 44 Sale Sale 8 June 42 Sale 5% 11 June 8 35 48 Sale June 8 34 Sale 10 June 9% 36 102 June June Sale 50% 15 June 47 35 13 43 16% Mar. 11 Mar. 10 2% Jan. 23 5% Mar. 4 8 6% Jan. Apr. 5 Mar. 17 34% Mar. 8 Mar. 17 \ 8% 34% 90% 51% Sale 6 Sale 30 Sale ••29 June 14 4% June 8% June 34% June Sale 89 Sale 85 June 28 91 June 14 55% June 40 Sale 49% 37% 56% 1% 27% 17% 37% May 14 40% Jan. 23 Jan. 18 Apr. 29 101 Mar. 10 May 13 69 June 23 40 June June 24 62 e\n %% 41 Sale 29% aw 8 June 31% June 33" , 11% Sale 94 Sale Sale June 130 17% 34% 88 26% Sale 96 Sale 81 82% 11% Sale Sale 24% Sale 44 I* June 40% June 22 ,37% "95% June 22 33 32% Sale 143% 145 52% 50 106% 110 Sale 36 18% Sale 19 36 June June 49 62 "45" 4 June 25 24 6 203 June June June June June Sale Jan. 22 June 26 June 29 Sale June 30 13% Jan. 28 1% June 23 8% June 29 June 25 140 20 130 2% 39% 22% 19% ; 32 5 20 4 Jan. 10 1 82% June 28 1 29% June Sale 12% Sale 17% Mar. 1 27% Mar. 11 51 % Feb. 1 4 17 7 Sale Sale 12% June 28 June Sale Sale 14 14 June 85 11% Sale 45 43% 4% Sale 3% 16 7% 18% 3% 9% 1% 27% Jan. 41% Jan. June 22 Sale 14 15% June 15 23% June 3 18% June 30 June 19% June 17 45 13 23 14 10% 43% 15% 43% Sale 41" "12% June 30 107% 107% June 11 110 Sale 150 98 2 46% June 23 49 73% June 14 82% 1 106 105% June June 22 2% 51% June 28 £60% 7% 5% June 17 28% June 17 32% 3% 39% 23% 20% 8% 33 33% 4 2 16 Jan. 24% Jan. June 14 18 June 17 51% June 17 Sale 6 June 59 60 55 i# 2 Jan. Jan. Jan. 59% June 28 9% Apr. 2 25% Apr. 25 93 May 20 94% June 14 151 May 20 zl8% May 28 59 Jan. 4 51% Apr. 27 43% Jan. 4 64% Jan. 4 105% June 1 1 June 22 50% May 14 5% June 17 28% June 17 20 Sale "39 June 17% June June June June June June 10% June 40 100 41 2 23 24% 23% Sale 8% Sale 19 9% Sale 5 1,148,900 11 82 3% 10% 1% 11% 28% 3% 19% 10 20% June 29 29% 8% May 18 15% May 11 147 31% June 28 47% 105 160 Sale 30% Sale Sale 7 June 20% June 179 Sale 20 27 Murphy Co (G C )..........* 12% June 28 32 30% 131% 121% 131 3% 3% 16% .......1 $7 conv preferred..... Munslngwear 17% June 25 Sale 44% Sale 45% Sale 11% 12% 3 June 28 3 18% June 30 Sale 50 .... Mulllns Mtg Corp 21 15% June 15 Sale 31% Mother Lode Coalition.....* Motor Wheel...............6 Sale 130 '16' • Mueller Brass Co 33% June 18 June 14 4 June 4 June 19 23 % June Sale 44% 53% Sale 14% Sale 30 10 17 Sale 44 14% 21% June 28 Sale 27 1 31% June 28 18% Sale 12 14% 24% Sale 32% Sale 25% Sale 90% Sale 30% Sale 55 7 June 14 Sale 33% 131% 9 110% June 25 115 22% Sale ....60 Motor Products..... 34 Sale 23 Highest Sale Prices 20% June 29 20% Sale 1% 52% Sale 5% 32% 29% 110 106% Sale 20% Montgomery Ward 8c Co.....* Morrell (J) 8c Co Morris 8c Essex 66 Sale L43% Lowest Sale Prices 12% 15 26% 27% 26% June 15 95 94 96 99% 95% Sale Sale 96 94% June 14 100% 2 159 156% June 156% 156% 161 Sale 1 21% 20% Sale 18% June 172 22 Salt 66 ... Highest Sale Prices Sale Sale .68 21 60 32 12 45% Sale ■.<£** 125 38% 14% 40% 60 Sale 54% Sal* 43% Sale Link Belt Co.............. Liquid Loew's .08 21 9 Sale 58% 60 70 Sale 9% Sale 26% 27 ^ .07 108 y Lerner Stores Corp Lowest Ask 110 Sale '!§% Sale 702,700 Sale 106% 125 Lehman Coro (Thej....... .. Foe footnotes 25% 39% Lehn 8c Fink Products Corp.5 ... 5.000 38 18 * 76.100 Mathleson Alkali Worka 490 7% preferred...........100 49,600 May Dept Stores.. 10 38,700 Maytag Co (The)... * 6,000 $3 preferred ww * ;i 160 $3 preferred ex-warrants..* 830 $6 1st preferred ..........* 38,200 McCall Corp —....* 202,400 tMcCrory Stores new com .1 6 % conv preferred—...100 5,000 38,300 McGraw Electric Co........5 • 45,500 McGraw Hill Pub Co 160,900 Mclntyre Porcupine Mines..5 60,300 McKeesport Tin Plate.....10 5 585,700 McKesson 8c Robbins 32,400 $3 conv pref .........* 1 106,800 VicLe; an Stores Co. 880 6% conv pref...........100 199,100 Mead Corp... 2,350 $6 pref series A_..........* 21,200 Melville Shoe Corp.. _.* 355,500 Mengel Co ........1 8,550 5% conv 1st pref.. 100 rVi' 1,060 Merch & Min Transp Co....* .......5 84,600 Mesta Machine Co 787,500 ilami Copper.. .........5 280,200 Vfld-Contlnent Petroleum. 10 * 99,900 Midland Steel Products.. 6,090 8% 1st preferred... .100 .430 Milw El Ry 8c Lt 6% pref.-lOO 26,100 Minn-Honeywell Reg Co....* 2,130 4% conv pref ser B 100 1,082,800 8,300 3,270 941,900 81,400 117,890 24,100 92,400 4,420 34,100 19,630 1,520 315,700 12,900 Sale Lee Rubber 8c Tire........-f> 290 6% preferred......— * 206,700 Mack Truck Inc............* 155,100 Macy (R H) Co, Ine 35,500 Madison Square Garden....* 47,500 Magma Copper............10 30,000 tManatl Sugar —.100 s 900 Certificates of deposit.. 100 12,220 7% preferred 100 210 Pref ctfs of deposit..... 100 ._....* 17,600 Mandel Bros 1,160 tManhat'n Ry Co. 7% gu.100 Mod 5% guar... 83,200 ,.100 25 52,400 Manhattan Shirt ...1 169,300 Maracaibo Oil Bxolor.. 313,400 Marine Midland Corp.......5 16,780 Market Street Ry 100 Preferred. .........100 2,060 Prior preferred 7,920 ......100 Second preferred.. 6,190 100 18,100 Marlin-Rockwell Corp. (Del.) 1 454,500 Marshall Field 8c Co. 69,700 Martin (Glenn L) Co.... 1 120,500 Martin Parry Corp • 44,000 Masonite Corp .......* 10,000 23 Sale Sale 9 43 23 Ask Bid 21% 130% 44% Lane Bryant 8,400 MacAndrews 8c Forbes Co. .10 - 29% Sale 10% 12 [20 Bid Sale Prices June 30 June 1 Ask 18% Sale 14% 15% Liggett & Myers range since jan. 1 Price N. T. STOCK EXCHAN OB 18 Sale Sale 54% Sale w Sale 61 Sale Sale Sale Sale Sale Sale 25 89% 29 28% 72% Sale 106% 107 12% Sale 67 Sale 1§% 36 3% 6^ Sale 37 19% Sale 38% w* 26 23% 81 901 w* 70 Sale 72 June 15 June 29 June 17 Jan. June 29 June 66% Jan. May 12 June June 30 20% June June 23 41 June June 17 70 73 June 11 June 7 Sale 62 June 1 17 Sale 16% June 18% June 4 16% June 30 Sale 30 June 4 30 33% Sale 32 94% Sale June 22^ 38 June 7 20% 13% June 22 June 25% June 1 June 11 151% June 25 67 June 93% June 30% June June 154 26% June 11 4 97% June 8 35% June 26 51 15 20 19 Mar. 13 Apr. 8 108% Jan. 20 June 28 20* Feb. 11 Jan. 23 Mar. 1 Jan. June June 28 107 105% 103 10% Sale 10% June 28 91 36% Feb. 11 26% June 88% June 28% June 62 96 17 June 17 80 y June 15 24 ?■.; June 17 June 15 13 15 June 23 June 18 Feb. 26 38% Jan. Feb. Mar. 39% Mar. 99% Mar. 14 June 17% June Feb. 17 46 June 24 June 14 June 29 Mar. 17 June 23 33 June 17 A June June 30 20 12 1% June 104 18% Sale 18 Sale 12% Sale 11% Sale 25% Sale 23% Sale 151 153% 148 152 26 26% 25 Sale 2 June 17% June 11% May 25 June 148% Apr. 25% Apr. 93% June "Jan. 27 90 24% Jan. 28 47% Mar. 11 24 Mar. 9 18% Jan. 21 33% Mar. 2 167 Jan. 18 33% Jan. 13 3 103% Feb. 38% Feb. 25 v JULY, 1937] AGGREGATE In N. Y. STOCK SALES Since Jan. 1 June Par Bid 900 ~2~66O 600 8,100 90 ' 190 35,100 1,900 282,300 5,000 4,600 1~260 80 26,710 27,850 760 90 7,300 6,050 5,220 3,900 1,100 330 73,600 3,700 57,400 2,100 70 106,000 . Dock...i^.....lOO 5% preferred f0( Harlem...... ttr 10% preferred ..._50 N Y Shipbuilding tNorfolk Southern Norfolk 9c Western North 10P 10f 100 ...... American.. 6% preferred gf North American Aviation...] North Amer Edison $6 pref. ... Northern Central Northern Pacific 1,251,300 . _ SI ..... 10P 1,700 Northwestern Telegraph..50 40 251,200 2,590 66,500 1,244,100 18,700 43,700 12,000 Norwalk Tire & Rubber Preferred • 720 Preferred A ... 120 794,700 70 1,990 170 20 16,900 10,800 16,600 10,150 14,290 19.9C0 218,700 108,800 58,700 200 4,000 2,300 2,400 390 138,800 1,000 13,900 3,700 35,100 5,800 4,600 13,100 9,200 16,100 11,900 2,600 9,600 1,300 12,300 300 3,500 57,900 1,000 20 8,800 500 1,000 2,000 100 8,400 10,300 40,800 1,287,886 3,300 200 1,630 800 15,200 37,400 200 139,400 Pacific Western OH 1,215,200 Packard Motor Car 50 2,500 2,400 10 * M 111,600 People's Gas L At Coke 5* Sale 97 110 100% Sale 2% Sale 260 269 112% 114 31 Sale 55 55% 14% Sale 102% 105 103% 27% Sale 52% 3% "~3% 28 29% "3% 12% 2% Sale 58 101. 110 56 78 88 Sale Sale Sale 2% Sale 240 Phelos Dodge "25 Rights..... Philadelphia Co pref e% ..50 $6 preferred « tPhlla Rapid Transit Co. :i5o 7% preferred.. ..50 * Phlla 9c Reading C 9c I 129,600 Philip Morris At Co lit ? 12,600 Phillips Jones Corp 512,100 6,600 860 107,000 25,900 For footnotes .. Preferred see pane *u 17 28 34% June Sale m Sale Sale Sale 99 99% 32% Sale 50% Sale ^4% 30 33% 19% Sale 65% Sale 14% "15" 36% Sale 134 17 135 Sale 118 78 81 June 30 June 17 fi June 67 70 60 80% 24% 64% 115 8 June 4 June 25 73 June m ii'A 122 76" 78 23% Sale 58 55 117 75 23 June 29 June 28 June 28 22 June 14 10% Sale 18 Sale 63 l8U 54% 1# 78% 93 130 50% Sale 19 Sale 23% June 22 14% Sale 13 June 14 20% June 16 38 19 9 24 " Sale 29 Sale Sale 41 Sale 99% Sale 136 Sale Sale "23" 22 Sale 8% 9 2 94 62 11% Sale 49, Sale 41% Sale Sale 10 Sale 95 18 Sale 78 13 15 Sale June £15% June Sale 27 June 1 1 40% June 21 Sale 36 47 Sale 43% Sale 10% 30% 74% 79 '40% Sale 4% 1 % 86% 43 Sale 5 8 Sale Sale 14 84 54% Sale 5% 7 45 Sale 15% Sale 29 June 28 9 9xi June 1 11% June 10 7 2% June 9 14 3 21 8 28 Jan. 18 Apr. 5 73 Apr. 20 3% June 23 Mar. 8 Jan. 20 Jan. 12 9 June 96% May 10 Jan. 23 !£# 40 7 Feb. 1 Mar. 3 2 27% Feb. 32% Jan. 14 38 Jan. 12 53% Jan. 14 9 4 2 44% Jan.' 2 152 134% June Apr. 28 149 20% May 14' 29% 7% June 17 11 3 May 133 June J an. Jan. Apr. June 28 0 18 Jan.'20 Jan. 25 6 May 13 Feb. Sale 5 38 June 24% 4% 7% 16% 6% June• 8 June 27 May 14 36% June 30 8 1 June 17 4 9 June June tl5% June 14 1 June Jan. 90 | Mar. 10 4 109% Mar. 18 16% June 14 28% Jan. 28 121 June 29 200% Jan. 28 99 23 2 > June 16 % June 17 6 % May 18 5 June 16 41 June 5 14% Feb. 2 3% Jan. 38% May 13 92 June 1 85 June 3% June 5% June 45 76 25 June 24 5 26 June 14 20% June 16 28% June 17 13 June 6 25 70 49% m June June m June 6% June 17 23% June 22 85 45 '—5 Sale- 1 Mar. 39% 23% .100 15 4 17% June 1 30% June 24 1 4% June June 4 40 12 28% Sale 1 June June 114 r82% Apr. 28 el7 June 30 18 121 Sale 15% Sale 6% Sale 39% 42 85% Sale 3% 3% 72 17% Sale 29% June 40 97 28 75 iv 4 115 16% 127 28 14% 5% 9 28 2 Jan. Jan. Jan. Feb. Jan. Jan. Jan. 26 19% June June 130 Sale 84 5% 8 Jan. June Sale 27% 12% 55% Sale 94% June 19% June 8 25 17 22 22 3 5 3 14 36% Mar. 11 53% Jan. 22 6% Mar. 3 Apr. 29 54% June 29 7 W* 37 5% 75 22 June 17% 20 17% Sale 8% Sale 44% Sale 74 9 2 June 22 June 9 100 75 88 10 June Mar. Feb. Feb. Jan. Jan. May May Mar. June 28 26% Feb. 10 June 28 114 ' Feb. 13 May 14 19% Mar. 1 May 14 45% Jan. 21 Feb. Mar. 18 140 3 May 18 24% Mar. 8 Mar. 0 Jan. 23 134 June 81 5% Sale 8% 9% 1% Sale June June 12% 33% 127% 14% 112% 22 22 20 61% June 29 20 75 June 23 June 5 95 2 60 Sale "44"' 9 13 4 June 7 17 43% June 7 99% m 80 8% Sale 47% Sale June 23 June 1 June 150 Sale 53% 112% 116 112% 116 47 June 18% June 23 9% 26% 6% 15% 76% 102% 112% 4% 272 Mar. 23 105 June June 7% Sale 54% 93 112 67 14 3% June June June 51 25 June June June 6 Sale June June 2% June Sale June 2 Sale Sale June 90 Sale 92 9 4 Jan. 22 19 20 Mar. 12 Jan. 7 Feb. 10 97 236% Apr. 29 10 102 Apr. 8 114 2 21 June 17 34% 48% June 18 57% 9% May 18 17% 97% June 25 104% & 99 Sale Sale June 1 Sale 6% 97% 100% 6% Sale 12 13% 2% Sale 28% June 3 IS 4§S 1 June June 28 63% June 14 73 2 Sale 79 15 Sale 3* June 22 June 23% 8" 85 28% June 17 40% June 21 Sale 35' 52"" *54" June 17 24% Sale 4% Sale 74% 17% Sale 11% Sale 54% Sale 6% 36% June June 23 1 June 25 June 28 30% June 27% Sale 2 141 135% 137% 134% June June June 135 133% 3 135 June Sale Sale 8* m 9 115 8 17% Sale 28% 29% i,4% June 25 70 125 Sale 115 Sale 15% 3% 1 June June 23 122 June 28 81 June 23 24% June 29 55 Sale ?23% 9 62% June 10 June 28 101 June 14 14% June 1 40% June 5 132% Sale 120 15 17 29 18 4 17% Jan. 4 53% Jan. 2% June 28 26 Sale June June June May June 12 11% 25% 28% 22% Sale 23% Sale 3% 12% 2% 8% 55 8 June 17 June 17 149 1 2 3% Jan. 4 26% May 18 June 30 135 5% June 18% June 2% June 12% June 4% June 31% June 85 30% Sale 5 3% June 14 27 June 18 £17 130 June 25% June 28 47% June 19 Sale Sale 90 June Sale \¥ 5 June Mar. 17 May 19 137 2 % June 25 2 June June 115 88 111 125 June 51 19 £17 32% Sale 121 !!H 47% June Sale 35% 36 51% Sale 41% Sale 150% 154 10 June June 29 June 4 1 2 240 17% Sale 9 4 June June Apr. June 12% June 90 14 101 9 110 21% Sale 93 m June 28 June 28 55 241 130 W* 23 18 72 16% Sale 13% Sale 95 95 99% 103 99% 13% •14% 13% 13% 12% 38% Sale 38% Sale 37% 123% 132% 123% 131% 131% Sale 17 16% Sale 15% 122 41% Jan. 30 100 Jan. 22 31% Mar. 29 21 % Mar. 30 12% Jan. 17 25% Jan. Jan. May 17 135 63% June Sale 18% Sale Apr. 28 Apr. 30 10 Mar. 17 Jan. 9 31 U 37 41 2% June 29 19% Sale 57% Sale Jan. June 24 79% 21% 15% 6% Sale ""!% 27 19 15 25 13 June 90 June 5 3% June 15 12% June 17 Sale Sale Apr. Jan. Feb. Feb. Mar. June 127 90 Sale 47% Sale 5 8 Mar. May June 25 90 ??* Sale IX 100 14 18 ~ 18 Jan. 27% June 26 2% June 1 243 104 104% 103% June 1 106 21 22% Sale June 17 26% 52% 48% June 18 54% Sale June 14 12% 97 98 June 25 100% 97% 97% 102% 99 June 3 27% Sale 25% June 28 72 Pierce Oil 8% conv pref.. .100 Pilsbury Flour Mills..... ..25 June 22 29 22 June 30 June 22 Sale 90 237 87% 51% Sale 9; 9% Preferred............. .100 Phillips Petroleum...... Phoenix Hosiery........ 22 Jan. Jan. Jan. Jan. Jan. 98% Feb. 10 55% Mar. 17 June 2 Sale 103% 17% Sale 55% Sale * * ,8o|| 3 June 28 9% 10% Mar. Apr. 22 Mar. 11 73 34 Sale Sale 38 12 June 17 18% 30% June 17 £44 June 17 154% Apr. 26 171 133 Apr. 29 150 51 June 44 June 17 61 % June 8% June 17 14% June 15 1 % June 15 2% June % June 25 1 June 25 70 Jan. 2 94% 103 June 62 Jan. 26 109% June 25 36% 31% June 23 36% .128% June 10 121% Feb. 26 130 8% June 3 6% June 12 12% 7 10% June 9% June 16 13% 42% June 15 39% June 30 57% June 14 53% 50 June 17 64% 105 June 7 100 Apr. 7 109 June 12% 130 140 1 % 95% June 14 June 79% 21% 15% Sale 15% Sale 2% Sale 101 .... Pet Milk Petroleum Corp.. Pfelffer Brewing Co 29 26% Feb. 8 112% Feb. 11 May 20 14 24% Mar. 9 17 10% Jan. 28 " 35 Mar. 17 _ 11 112 80% June 45% June 60% June Sale 131 "5% Sale 30,200 Peoria At Eastern....... .100 18,000 pere Marquette .100 3,300 Prior preferred .100 6,900 Preferred .100 3,500 226,200 156,700 386,100 1,287,886 15,400 2,500 12,250 10,260 308,500 June 25 34% June 28 48% June 30 Sale "6% 1 16.. Sale 4% o 5cH 12% Sale II 100 June 30 June 17 1 June 24 29% June 1 76% June 14 Sale JSH 23 17% Sale 122% 125 Sale 2d preferred ......10 22% Sale 19,000 Park 8c Tilford I 34 35 1,226,600 Park Utah Cons Mines i 4% Sale 53,500 Parke. Davis 9c Co * 43% Sale 53,800 Parker Rust Proof Co....2.50 26 Sale 104,900 Parmelee Transport Co " 6%. Sale 200,100 Pathe Film Corp • 9% Sale 479,700 Patino Mines * Ent Cons ..♦ 15 14% 261,400 Peerless Corp 3 3% Sale 27,900 Penlck Ac Ford < 62 63 105,800 penney (J C> Co. • Sale 99 57,100 po*»n Coal Ac Coke 10 Sale 274,500 Penn-Dlxie Cement • Sale 18,300 $7 conv pref series A......* 55,400 PennGla88 Sand Corp vtc..* 24 ' Sale 592,400 Pennsylvania RR Co 50 40% Sale 13,400 People's Drug Stores Inc...* 50% 54 510 6% conv preferred 100 113 116 . a, 17 Sale Sale 36% Sale 48% Sale "8% 173% Sale 317,900 50 103% June 19% Sale 89 39% 52 106 Sale 22 125 "l% 8,500 Pan Amer Pet 9c Trans .....5 16% 143,800 tPanhand Prod Ac Ref.. 3% 24,150 8% conv preferred 100 58 22,100 Paraffine Co Inc 76% 1,560 4% conv preferred 100 100 2,593,300 Paramount Pictures—......1 24% 69,500 1st preferred ....100 100 49~300 Pacific Coast .If First preferred. » 2d oreferred * Pacific Finance Corp (Call.10 Pacific Gas 9c Elec 2b Pacific Lighting Corp • Pacific Mills * 4,250 Pacific Teleph Ac Telegr..*00 990 6% preferred 100 50 2,700 _» 153,400 Pacific Amer Fisheries Inc__5 440 108,200 Otl" Steel 7% prior preferred ..100 $5.50 conv 1st pref 29,100 .* 13,200 Outboard Marine & Mfg 5 580 Outlet Co................ • 50 Preferred... 100 35,400 Owens-Illinois Glass Co. 12.50 1,700 3,300 21,100 10,800 4,400 50 June 23 6% June 12 9% June 16 ilH 30% Sale 80% Sale 44% Sale 58% Sale 83 Sale 100 53,100 Oppenheim Collins 9c Co. .* 158,200 Otis Elevator * 1,080 6% preferred 100 33,600 800 7% 9% 39% Sale 52 55% 103% Sale 19 31% June 23 123 Highest Sale Prices 18% June June 30 £107% June 107 June Mar. 15 June June y June 18 6% June June 27% Feb. ..... ........80 Ohio Oil Co (The) Oliver Farm - 100 730 Sale 124 ....... 2,100 1,350 Sale Sale 42 56 59 10% 11% 22% Sale 128% 130 • 191,500 Equipment....* 43,700 : Rights. ...' 404,500 Omnibus Corp v « e (The) * 26,800 2,050 8 10 119 26% Sale pt stock-.l ..... Preferred 35% Sale" Sale 100 7°t, preferred --..100 New York Steam pref $6. 7% 1st preferred June 17 8% June 17 % June 15 % June 25 72% June 14 95 June 21 Sale 126" Sale 42% Sale 82% 83% Convertible preferred 100 JN Y Ontario Or Western _10t 94,800 143,500 3,270 9,760 7,670 130,300 11,800 2,510 € 847,200 18,300 1,022,200 11,600 1,380 240 .• 120 N Y Lack & West Ry Co..100 345,900 JN YNH4 Hartford 44 Sale Sale 80 Sale 101 69% 75 41 N. Y. Chicago 9c St Louls.10'' June 28 31 June 14 31 June 17 15% 30% June 17 35 157 June 2 160 29 1 % Sale 78 132 36% 157 1% VA Sale "IS"" New York Air Brake.......' New York Central • New York 9c 292.500 Sale 107 I 33% _ , Sale 55 June 109% 108% June 14 109% 15 June 14 17% 6% June 17 7% 12 136% 132 "43" 46 51% Sale 9% Sale 9% Sale 57% a £107% 28 30% Sale Sale Lowest Sale Prices Sale Prices 18% June 25 £22 % June Sale Sale Sale Highest Sale Prices Sale 130 150 57 124.500 |N Y Investors Inc....... ; 6,300 : 143 ...1 140 2,320 110 165% Newberry Co (J 5% preferred series A...100 JNew Or I Tex At Mexico ...100 Sale 34% Sale 154% 158 10% Sale 12% Sale Newport Industries Inc Sale Sale Sale 34 % ...100 Nelsner Bros Inc New York *7 30% 32 Sale 6% pref series A ...100 53,700 N Y City Omnibus Corp * 12,600 Purchase warrants..—.... 8,900 ~ 51,700 24,000 5,500 2,400 1,380 29 Sale Lowest Ask Sale Sale 18% 109% 108% 15%. 6% 28% 26% 13% x22% a;108% Sale 109% 111 ~28% Sale 66,300 Natomas 12,500 13,400 1,064 2,850 596,400 29,000 3,632,900 91,100 72,300 Sale Sale 74,100 Nat Mall & St Cast's Co 56% 618,900 N«r Power 9c Llflbt......... 11% 8,700 Nat Rys of Me* lsa pref 100 45,900 5% 2d preferred ..100 % 283,800 National Steel.... ......20 71 136,200 National Supply of Dal 25 67 22,400 14,100 Preferred.... ..........100 126 67,700 National Tea Co.. 28,400 20,600 4,100 22,400 1,300 8,000 6,000 1,400 700 6 % preferred B 19 June 30 Ask Bid Bid Ask 23% Sale 108% 1115* 107 107% ...... 90 120 June 1 1937 fY':.• RANGE SINCE JAN. 1 Price Jan. 2 472,800 Nat Dairy Prod Corp 1,710 7% preferred class A 100 3,050 7% preferred class B 100 189,000 National Dept Stores...... 48,440 6% preferred .....10 651,800 Nat Distiller* Products.... 13,600 Nat Enamel Ac Stamp...... 60,700 Nat Gypsum Co 1 302,200 National Lead............10 3,500 7% preferred A 100 8,800 12,460 33,500 1,000 21,400 18,600 700 37 PRICES IN JUNE STOCKS N. Y. STOCK EXCHANGE Shares 69,200 EXCHANGE—STOCKS 4% June 11 1 7% June June 52 June 9 June 27% June 41% June 8 22 2 34% June 28 m June 1 ■ 51 June 8 115 June 19 47% June June 2 43% June 31 72 75 35 19 June 18 June 29 June 28 June 2 16% June 17 8% June 1 40 June 14 % June 14 38% June 23 76 June 28 5 June 4 June 17 June 11 8 1 47 IVA 19 44" "June" June 28 5 June 1 June 11 31 72 June 2 75 June 18 June 29 June 28 19 June June 17% June 8% June 47% June 2 16% June 17 7% May 17 40 June % June 14 June 38% June 23 June 28 76 8* 9 4% May. 20 June 8 8 June 17 1% June 2 1 June June 30 14 70 7 Apr. 11% June 17 57% June 5 3 45 14% June 16 28% June 17 16% June 7 30 4 June June 12 Mar. 6 4 49% Jan. 6% May 13 44 June 3 Feb. 5 3 Jan. 14 Jan. 20 Mar. 11 Feb. 18 9 Jan. 17 3 14% June 16 28% June 17 2 1 10 Mar. 17 Mar. 9 Jan. 27 Feb. 6 87 Jan. 4 5 7 91 25 Mar. Jan. Jan. 11 8 21% Mar. 11 13% Feb. 19 5J Mar. 10 4 Jan. 14 June 14^ 87% 20 87% 59% 9% 74% 20% 33% Jan. Feb. 8 Jan. 12 Feb. 11 June Feb. 48% Mar. June 28 June m 28 25 12% Feb. 76% Feb. 29% Feb. 14 June 43 76 75 June 14 13 112% Apr. 12 43% June 25 4% Jan, 75% June 14 11% June 17 52 Jan. A" Jan. J an. Feb. 16 103% Mar. 8 6% Jan. 23 3% June 28 5% June 16 45 June 16 June 115 June 26% 34% 8% 44% 29% 7% 10% 23% 1 2 June 30 Jan. 16 Jan. Apr. 6 5 Jan. 20 Jan. 13 Apr. 1 5 Jan. 18 n. y. stock 38 stocks Price N. T. STOCK EXCHANGE Since Jan. 2 Par Bid i,170 Pirelli Go of Italy Am >hs 19,400 Pittsburgh Coal (of Pa).._ 100 9,600 6% preferred. ...100 70 Pitts Ft Wayne & Chic...100 53 Shares , 430 100 Preferred 426,400 Pittsburgh Screw Be Boit • 60,900 Pittsburgh Steel Go....... 16,190 Preferred 100 ...... 10,500 Pittsburgh Terminal Coal. 1,060 6% preferred..........100 431,100 Pittsburgh United 25 6,430 Cony pref (unstamped). 100 20,980 Pittsb Be West Virginia. .100 10 Pitts Youngs & Ash 7% pf 100 145,800 Plttston Co (The)..........* 295,500 Plymouth Oil... -8 73 173 188 13 *4 28 9< 108 h 3194 2,390 220,700 18,600 10,300 2,700 1,100 • Preferred 10# 5% Pub Ser Corp of N J common * • |5 preferred preferred..........100 7% preferred...... 100 8% preferred... 10C Public Service El Be Gas— b°?» 110 34 Sale Sale 37 1 8 Sale" 12 June 14 1494 June 1 29 June 7 Sale 94 June 1 25 1894 Sale 2494 5 Sale Sale 23 11594 11894 4794 Sale 10794 ho 120 12294 134 140 154 159 ....... 5 Sale 1,445,700 Reo Motor Gar...... ......S 2894 Sale 4,064,300 Republic Steel Corp........* 26,200 6% conv preferred 100 11094 u294 99 Sale 22,900 6% cony prior pref ser A 100 Sale 218,400 Revere Copper Be Brass.... 5 Sale Class A................ 10 20,400 132 4,180 7% preferred 100 9594 1,890 5H% preferred ......100 Sale 83,700 Reynolds Metals Co.... * 113 2,800 S\i% conv. pref........100 Sale 51,000 Reynolds Spring Co.. 1 Sale IS 300,300 Reynolds(KJ)Tob cl B 57 Common 10 1,210 12 800 Rhine Westphalia El Be Pr... * 11,300 Rltter Dental Mfg 2t* .. . 76 18 47 6194 11094 105 Sale 53 Sale 1894 10894 Sale 10094 Sale 1594 Sale 17 1794 Sale Sale Sale 32 7 7 June June June June 7 June 10 37 46 8 9 *• 70 70 61 294 ■h 2^: Sale 24 28 1694 1794 Sale 27 Feb. Feb. 11 10 Feb. 11 Jan. 15 Feb. 8 Jan. Jan. 13 24 June Sale 8 June 69 Sale 594 3594 11794 11394 104 10094 June 9 June June 7 7 7 June 1 June 2 June 5 2 June Mar. 20 June Mar. it* 25 9 1694 June June 9 22 June Mar. 2494 June 2 21 Mar. June 7 80 Jan. 3 June 4 97 Apr. May May Feb. 1 Jan. Feb. 18 Mar. 11 June 28 85 June 26 101 June 32 June 71 12694 1194 20 Sale Sale Sale Sale Sale Sale 11194 Sale 105"" Sale June Sale Sale 3l"" 97 June 30 109 i 94 Sale 1394 Sale Sale ¥ ' ¥ June June Sale 3894 88 i* Sale Sale Sale Sale Sale i3* Feb. Apr. June June Jan. June June Mar. 10 June 4 11v Jan. Mar. May May June Mar. 11 June 10 June 14 60 June 4 30 June June 494 June June 14 June 31 June June 1494 3894 9394 194 1294 1 June 2 14 June 15 June 24 June 18 4094 June 28 June 38 1 June 29 5 June 29 894 June 8994 June 3094 June 40 June June 10494 104 June 10 105 June Sale 12 June 29 Sale 4294 June 14 47 June Sale 394 June 21 52 June 14 "394 June 99 1494 June Sale 138 96 27 June 14 23 33 June Sale Sale Sale Sale Sale 154 2494 Sale Sale Sale 52 112 142 2394 4094 2594 37 94 49 June 14 1994 June 4 June 9 June 3594 June 23 1 142 June 28 June 29 51 June 28 June 28 694 June 28 60 60 June 24 9694 99 June 1 594 June 14 1794 June 14 Apr. Feb. June Feb. Jan. Mar. 10 Mar. 10 Feb. 1 8 19 2 Mar. 11 Mar. 16 Apr j 28 Apr. 21 Apr. 22 Feb. Feb. Feb. Mar. 394 June 3294 June Mar. 4 Mar. 10 Mar. June 8 Jan. 11 Feb. Feb. June 2994 June 1994 June 1694 Jan. 110 21 Feb. Jan. 16 15 Apr. 21 June 115 9 I Feb. 26 i Jan. 12 Jan. 2 June i Jan. 13 I Mar. 11 24 Jan. : SK* 49 June Mar. June Jan. Jit* 60 June Mar. 16 June Mar. 17 98 2294 May June June Jan. 9894 Apr. 8594 Jan. " 96 4 10 4094 5194 June 10 8 894 June 62 Mar. 10 141 June 2594 June 5294 June 3894 June June 22 5 1 Mar. Jan. 27 2194 June 11 June 24 115 394 June 14 3294 June 17 2 2 Jan. Apr. 42 June 2994 June 28 1994 June 21 18 June 14 14 Jan. May 994 Apr. 5894 June 35 June 11 2594 Apr. 8 4 10294 May 12 June 8 40 May 9 i128May 394 Jan. June 30 15094 June June 17 10094 June Sale 9 10 Jan. 95 June 10 100 Sale Feb. 12 5694 June June 17 100 15 Feb. 29 1 30 Mar. 26 34 ',q June 24 June 30 June 17 103 100 5 1194 June 99% June 17 June 10 June 11 5894 35 Jan. June May May June Jan. 81 June 14 5 13 Mar. 6 Jan. 6 Feb. 3 Mar. 2 Mar. 17 Jan. June 4 June 2994 June Feb. 25 3694 May 694 June June 43 8494 June 14 2794 June 28 June 17 12 Mar. 17 194 June 194 Jujne 19 Mar. 11 049a June June 4294 June 9694 June 11 June 30 Feb. 97 0694 May June June 29 5694 9994 3 94 4394 2 94 June 2694 June 22 Sale 80 Jan. June 17 19 June 17 894 Sale Sale Jan. 5994 June 1194 May June 3594 June 12 94 194 June 14 Sale Sale Jan. June 28 .??* 'm* 7 10494 June 29 1894 June 22 Sale 8* £3 Jan. 26 Sale 194 June il* June 14 13 106 Sale 9394 Feb. Jan. 89 2694 June June 29 1994 Sale Jan. 26 14 8 22 8 26 June 2294 May 0294 May 1694 June 49 May 7 June 90 June 10 June 25 106 104 26 Sale Sale Sale ; 2394 June 26 17 s* 97 Sale Sale 14 Sale 89 1 Sale Apr. 14 Apr. 14 Apr. 17 June Jan. : 2694 June June 10 June 10 126 \lH §8* 34 Apr. 23 Mar. 10 9794 June 105 34 Feb. Jan. 09 June xl694 June 14 21 1794 Sale 4994 June 30 4994 Sale 5994 June 30 62 5994 Sale June 28 1194 1294 1194 June 21 21 22 1994 June 28 6594 6394 6294 June 28 x38 3394 6 June 17 394 Sale 5294 June 17 5994 5394 394 3 294 June 29 294 Sale 5 494 June 28 17 Jan. 2794 Jan. June 21 116 75 Sale 5 9794 June 21 103 110 38 Sale Jan. 794 June Apr. : Sale Sale 9 Sale Jan. 62 694 June 3694 June June Sale Mar. 8 Jan. 11 7 June 29 Sale 36 36 11 75 Sale May June June : June : June 32 1294 2294 72 Apr. 19 Jan. 11 694 June 29 32 6 7 15 June 75 Sale Jan. June Sale 100 Mar. Jan. Jan. June June 13494 12694 130 90 9094 23 Jan. lVi o 65 Sale Feb. 22 35 106 4 3 27 Feb. 15 Feb. 25 Jan. 21 Feb. 8 16 20 5 5 8 31 9 78 25"" 25 Feb. 03 63 7 ii* el* Sale Sale Jan. 1594 June ; 16 Apr. 794 June June 40 Jan. 99 June at* 594 June 14 3194 June 17 Sale Sale 21 June 5194 June 1694 June 0794 June : 10 June 29 June 99 4 Jan. 21 20 25 10 June 80 Jan. June: 1794 June 1794 June 994 June June 17 June 14 82 9994 22 20 May : Jan. Mar.: June June June : 101 June June June 14 June 14 Sale 80 8494 Sale 22 Jan. June 00 June June 21 Jan. Jan. 18 June June 22 June: 3 12694 June 1694 June 15 24 2294 Apr. 22 Apr. 14 Feb 4 3 June June 17 Sale 22 Sale Mar.: June : June June june : 1794 June June 26 2 12 12 1 Jan. 30 Mar. 5 Feb. 16 Jan. 12 6194 5594 1494 3694 11094 5794 1894 11194 20 8 Mar, 10 4794 May 115 June 26 36 June 26 36 June 26 794 June 17 5' 65 June 3594 8 Mar. Feb. Feb. 7 6094 June 9 11794 June 19 3994 June 1 10294 June 2 32 39 Mar. Jan. June : 2494 1694 2194 494 194 5 3 1 8 17 2 22 Jan. 18 Jan. 7 Jan. June 1 June 694 June 17 3094 June 15 Sale Sale 56 June ! June Jan. Apr. ! 67 594 194 994 2294 2094 June 63 6694 Sale 7-94 Sale 3294 3194 ........ 29 9 7 June 79 Sale 2*394 For foot not eg see page 40 7 1794 June 17 18 June 26 ... . 1 June June 23 7 11094 110 Sale 5194 Sale 1694 10994 10794 Sale 9994 Sale 159% 1694 1794 Sale 794 405,600 {Seaboard Air Line....... Sale 128,300 4-2% preferred 100 Sale 40 t 318,900 Seaboard OH Co of Del.....* Sale 694 40,000 Seagrave Corp (The).......* Sale 88 Sears, Roebuck Be Co.......* 629,200 Sale 2894 ..i........... 1 235,400 Servel Inc Sale 12" • 125,300 Shattuck (G F) Sale 33 183,200 Sharon Steel Corp........ * 102 103 10394 55 conv preferred.........* 14,500 Sale Sale 10 ; 316,200 Sharp Be Dohme 6394 5994 56 Conv pref series A.......* 12,600 40 3494 4294 Sale ♦ 1,990 Sheaffer (W A) Pen Co Sale 2894 2794 Sale • 330,800 Shell Union Oil Sale l03 Sale 10494 Convertible preferred.. 100 53,000 Sale 1294 1494 Sale 5 431,200 Silver King Coalition..... Sale 44 4594 Sale * 265,550 Simmons Co Rights 178,728 394 Sale 48,500 Slmma Petroleum.........10 Sale 47 Sale 25 160,500 Skelly Oil Co 9994 10094 x99 97 100 6% preferred .100 15,000 140 15094 Sale 8594 Sale 17,980 SlosM-Sbeffield Steel Be lr.100 101 98 96 $6 preferred .* v 2,560 Sale 32 2994 4994 5194 v 10 53,200 Smith (A O) Corp...... 31 3194 33 Smith & Corona Typewr * 19,100 2194 Sale 1994 2894 Sale * 59,100 Snider Parisian 1894 Sale .19 h 17 Sale 2,730,700 Socony Vacuum Off Co Inc.15 8olvay Am Inv Corp— Sale 112 11294 113 5.100 5H% preferred ...100 l12 394 Sale 394 494 Sale 1 643,100 South Amer Gold Be Plat 34 3394 Sale 3494 Sale 171,600 So Porto Rico Sug Sale 142 142 Sale "vk ],190 8% preferred ..100 l55 2494 Sale 2394 2994 Sale 170,900 Sou California Edison....25 Sale 52 5394 4494 Sale 1,028,300 Southern Pacific Co......100 3794 Sale 2594 Sale Southern Railway....... 100 1,070,100 4894 Sale 5094 Sale 5% preferred-. 100 273,600 50 5394; 5694 5194 55 Mobile Be Ohio certify-.100 3,100 Sale 994 10 47,600 Spalding (A G) Be Bros 70 73 6094 7494 1st preferred... 100 4,100 Sale 99 95 102 94 104 2,570 Spang Ghalfant Be Co pref 100 594 Sale 794 Sale 353,400 Sparks Wlthington........ 2094 1094 1994 21)4 1 24,100 Spear Be Co 80 75 7394 86 9b 130 $5.50 preferred...... ... June 294 1894 3 94 9794 June 10 26 Sale 117 38 Sale Sale Sale Sale Sale Sale Sale Sale Sale 17 29 17 15 29 5594 June 30 11594 June 1 3694 June 17 Sale Sale 100 June 16 9994 100 10194 11394 11494 11394 June 29 115 124 June 24 125 123 128 145 135 149 Sale Sale" 1794 June June June June June 56j4 Sale Sale Sale" 113 Sale 2594 1694 2194 494 194 1994 1994 5694 Sale Feb. 1894 Jan. 7694 Jan. 194 June 2794 June 1794 June June 22 1 Sale Sale 8 Apr. 12 175 17494 Apr. 23 190 12 June 14 2494 June 29 84 June 28 122 June 24 294 20 Sale Sale 71 Sale 2494 June 29 84 June 28 194 194 2694 Sale 18 1694 2294 YA Sale 10 June 17 52 165 165 Sale 1194 June 294 June 21 294 1894 June 14 19 494 394 June 16 Sale 105 June 1 110 110 June 17 3694 3094 29 29 94 Sale ....... 23,000 Roan Antelope Cop Mines..' 2,900 Ruberoid Co cap stock new. * 14,300 Rutland RR. pref........100 310,500 St Joseph Lead......... 10 164,600 tSt Louis-San Francisco. 100 249,800 6% preferred.. ...100 4,640 t '* i.ouls Southwestern .100 .c; 360 5% preferred... 100 114,400 Safeway Stores.............* 4,000 5% preferred...... 100 2,120 6% preferred...... ..100 9,550 7% preferred... 100 84,300 Savage Arms Corp * 5 275,796 Schenley Distillers Corp 17,200 594 % preferred. ........100 174,100 {Schulte Retail Stores.....! 8% preferred 100 35,600 14,980 Scott Paper * June 1394 Sale 2294 2% 11H 57 8 1094 June June 1094 June 49 June 10 49 June 17 2 394 1994 Sale 2,000 S5 preferred.. .........* 11194 113 68 Sale 215,400 Pullman Company.. ...... 21 Sale * 1,846,200 Pure Oil ii,130 8% cony pref..........-100 11194 Sale 16,500 9894 100 6% preferred ..... 274,400 Purity Bakeries 1894 Sale 29,000 Quaker State Oil Rfg Corp. 10 1794 1894 2,794,500 Kadlo Corp of Amer * 1194 Sale 100 $5 preferred B * 100 78 Sale 70,000 53.50 cony 1st pref * 838,000 {Radio-Keith-Orph Corp...* 894 Sale 43,400 Raybestos-Manbattan ......* 3794 Sale 40 4294 22,100 Reading Company........50 4,900 First preferred..........50 4794 Sale 42 4694 3.600 Second preferred.... 50 5 1194 1294 , 31,500 Real Silk Hosiery 430 75 83 Preferred ........100 3 394 36.500 Reis (Robt) Ac Go ........* 24 27 1st ©referred 140 4,700 1894 1994 51,100 Reliable Stores Corp....—* 5,300 Reliance Mfg Go..........10 1 2294 Sale 592,100 Rem'ton-Kand 79. 81 24,500 Pref with warrants ..25 v 870 Renss Be Saratoga RR Co. 100 101 ' 117 . Sale a June 10 49 1394 2494 2894 30 Highest Sale Prices 84 Sale" Sale Lowest Sale Prices 52 56 166 Sale Highest Sale Prices Sale 175 1094 Sale 6094 Sale 294 70 ~ 56 ..... Sale 175 394 Sale 108 .... Procter Be Gamble 77 394 Sale 22 6,100 Pond Greek Pocahontas Co 121,900 Poor Be Go class B 46,300 Porto Rlcan Am Tob cl A * 28,500 Class B • 148,200 tPostal Teleg Be Gable preflOO 319,300 Pressed Steel Gar common..1 23,200 5% cony 1st pref.... 5 23,800 5% cony 2d pref...... 50 172,300 5194 1894 Sale Ask 48 Ask Bid Ask, 56 Lowest Sale Prices 30 June June 1 1937 Jan. 1 . RANGE SINCE JAN. 1 PRICES IN JUNE SALES AGGREGATE exchange-stocks 10 Mar. 17 7 28 26 Feb. 2 May Jan. 6 June 3 594 June Jan. 22 June 5 June Feb. 9994 June 10 8M May 22 6 20 JULY, 1937] AGGREGATE SALES In June N. T. STOCK EXCHANGE Jan. 2 1937 Par Bid 36 21 24 Ask Sale Ask Bid Bid 330 ..... 25,900 22,700 ... i: l.ioo 6,400 300 49,400 43,700 100 <64,600 1,700 U 4,100 24,000 3,100 35,600 '77,100 1,100 u , 3,400 1,200 400 16,700 8,800 Symington-Gould Corp with 299,500 stock purchase warrants-1 156,400 Without warrants........ 1 32,000 Talcott (James) Inc ..9 2.730 5%% preferred 50 14,000 15,200 1,000 f, 500 W Corp 5 423,700 Tennessee Corp.... 5 1,650,200 Texas Corp (The).........25 600 21406 900 900 200 600 80 15,200 8,300 500 87,800 2,000 20,400 800 ' 6,600 800 19,400 1,200 4,300 380 8,300 6,900 8,300 6,400 29,400 26,900 9,800 35,600.United 4,600 14,000 3,800 83,000 100 200 4,100 4,500 9,510 83,000 46,700 2,000 114,800 8,800 28,400 2,800 6,800 89,200 1,400 1,040 7,600 7,600 290 3,300 ■ 12,300 286,200 190,700 261,900 13,700 150,400 7,800 7,700 300 : 500 385,500 881,900 193,200 167,900 11,700 3,900,300 74,900 6,300 'v- 160, 580 170 130 21,100 9,300 190 19,100 39 x38 . 10 Foreign Secur Corp ..* • ... U S Dlstrib Corp Preferred..............100 U S Freight. ..._• U S Gypsum Co...........20 preferred..........100 U S Hoffman Mach_....... * ...... ....... Prior preferred U 8 5 pref..........50 U S Industrial Alcohol ..* * .....100 Pipe Ac Foundry..... 20 ... * Sale 86 Sale 98 Sale Sale Sale Sale Sale 27 Sale Sale if* Sale 185,200 Vadsco Sales Corp.. 2,540 85 3124 Sale 102 Sale Sale 7 Sale Preferred ... 9224 2724 2324 1624 1924 For footnotes see page 40. Sale Sale Sale Sale 17/ June June 6 624 Sale, Sale Sale 10 * 100 102 624 4724 8024 1224 10624 1224 Sale Sale Sale Sale 109 Sale Sale 95 19 Sale 3124 Sale 2 17 224 Sale 1724 Sale L2224 Sale 109 L66 15824 160 1924 Sale 167 1724 Sale 5424 5524 38 3824 624 Sale 1324 Sale 89 9324 ■ 6224 Sale 46 Sale L41 Sale 132 166 169 57 33 8724 160)4 16424 100 Sale 4 Sale 64 Sale 5324 Sale 11X Sale 5624 Sale 98 June 924 June 224 80 73 Sale Sale 3 June 72 Sale 86 70 Sale 4 24 6024 6924 Sale Sale 2324 June 1724 June June 98 June 23 24 June June 3 2 June June June 724 June 10 5 6124 June 1324 June 1524 June 18 June 824 June 10524 June 1024 June 26 June June June June 16 June June 3724 June 4624 June 1024 June June 76 June 1924 June 7 June 1 June 224 June June 10 June 1524 Sale 1424 June June 25 June 1 June 14 June 5 .1524 June 30 84 11t Sale 10224 103 9 924 924 1524 Sale 9024 96 124 224 1524 Sale 1624 Sale Sale 163 V, Sale 17 Sale 55 V 59 30 Sale 824 Sale 15 Sale 100 110 48 24 Sale 2)4 June 17 24 68 19 Sale 7524 Sale 5 15 11 92 June 7 17 17 June 1 1524 June 5 1824 xl0324June 14 110 15824 June 1 163 1524 June 29 19 24 28 June 18 8 June 17 1424 June 17 102 June June 17 June 28 June 17 June 17 June 21 1 3424 June 9J4 June 17 ,June 5324 June 122& June 6024 June 92 June _ 2 17 10224 June June 14 13624"June 5 2 June June 14 128 June 3 161 June 30 June 16 June June 23 7 24 June 11 424 June 6524 June June 30 20 24 June 7 7524 June June June June 75 June 18 June 17 2 146 124 June 23 4924 June 28 24)4 June 14 72 17 2 9 9 8 30 June 23 June 1 224 June 1 124 June 54)4 June 29 June 19 Feb. 26 17 17 Mar. 3 Mar. 11 29 .7|| Mar. 19 Jan. 14 4 Feb. June 30 June 11 14 8 Mar. 9 Feb. 3 17 Jan. Jan. 28 19 5 Jan. 13 14 Feb. Feb. 3 4 29 10 29 11 June 18 2 Jan. 8 Mar. Apr. 4 4 126)4 June 14 May 15 120 147 Apr. 29 z5X June 30 324 May 17 65 June 11 1824 June 30 May 13 14224 May 17 68 ; Mar. 22 Mar. 22 Feb. 9 Mar. 13 Mar. 17 Mar. 30 Mar. 9 12 Mar. 31 Feb. 18 Jan. Mar. 11 Jan. 18 Mar. 11 Jan. 22 Mar. 9 Jan. 5 Feb. Feb. Jan. 11 May 1' Jan. Jan. 21 11 June 18 Jan. II 124 June 17 Jan. i; 63 124 May 13 _ 4 4 81)4 June 17 78 June 17 6624 June 21 75 13 Feb. 26 4 89 Jan. 44 X June 14 10 May 13 4 4424 Jan. 8854 June 10 70 Jan. Jan. 624 Jan. 1324 Jan. June 25 Mar. 5 Jan. 12 Feb. 10 Jan. 11 Feb. 6 Feb. 3 Mar. 17 Jan. 14 Jan. 14 June 14 June 23 124 Apr. 1124 May 1524 June al03 24 June 156 May 1524 June 5324 Jan . 28 June 152 Sale June 19 109 44)4 June 14 53 June 15 June 24 June 30 June 17 624 Jan. June 65 Sale 1 11 03 2 144 50 8 1724 June Sale 2624 Sale June 92 Sale 124 Sale 5324 5424 2 4 4 1 1 1224 June 71 28 X 7 .08 144 124 Sale 1824 Jan. 9624 Jan. 524 June 4524 June 75)4 June June June June June June June June 11 78 Sale Sale 32 yi June 15 1024 June 29 .0024 624 4824 80 24 1224 June June June June June 21 2224 June 17 1324 Mar. 16 6924 Apr. 28 29 Apr. 30 4 Jan. Feb. 20 Apr. 28111 4 June 28 2824 Feb. June 30 1482? Mar. 16 7 May June 14 May 18 14)4 June 15 17 621 June 14 10024 Jan. 8 Feb. 171 9124 Mar. 27 3 1 June 30 14 June : June 2 8% June 2 Apr. 2 1624 June : 124 June 28 84 Sale 7 8 15 1024 Sale 5624 Sale 8924 Sale 6624 6924 9924 Sale 8 June 92 10 124 14 3054 June 2 42iJune 3924 June 1224 June June 12 June 33 524 June 4524 June 7524 June x524 424 724 June ' .0124 June ! 8)4 Jan. : 22K 2224 9024 2424 2324 28 107 55 June ! 12 24 June 13 June I 16 June 95 101 June : Mar.: June 47 3 Jan. 13 Mar. 5 Feb. 11 Jan. 25 Jan. 25 Feb. 4 June 10 Feb. 11 Feb. 4 Feb. 3 Jan. 11 Jan. 22 Mar. 8 Jan. 21 Mar. 3 Mar. 8 Mar. 13 Mar. 13 Jan. 22 Jan. 20 Mar. 29 June June June May : Jnne June 624 Sale Feb. 324 1724 1524 9124 1724 June 7624 Sale Mar. 6 Feb. 19 Jan. 13 724 June June 2724 1624 1924 2424 45 Mar. 30 22 28 June ; 3 95 100 Mar. 15 ' 2224 June 12224 June 100 Jan. 12 Mar. 3 Apr. 22 Apr. 20 66 2424. June Jan. 20 Jan. 21 Jan. 8 Feb. 2 1 June 23 23 24 June 98 2324 1724 1524 5724 4 39 9224 2524 Sale Sale 20 8 Mar. June Apr. : Jan. Apr. 23 48 Jan. fm 25 Feb. 63 x26 24 2 Jan. Jan. 8 2 1 June 3 Mar. 11 Mar. 73 June Jan. Feb. Mar. Apr. June 91 9 11 4 724 Jnne June , 17 Jan. Jan. 9)4 Apr. : June Sale 11 Mar. 31 4224 Apr. : 4 June 10 June 2 94 16 10 73 62 Sale June fi* 20 4 2424 June 14 , 20 Jan. Feb. 332 "7 \ 29 Feb. Jan. Jan. 85 6 Jan. 75 21 June June 12 324 June 9 5 48 Jan. 924 June 11 1724 June 1524 June 9 Mar. Mar. 76 3354 June 1124 May 32 62 26 9 Feb. 50 3324 Jn^e June : 6 1 7024 June 75 224 Sale 7 June 2 June 7 June 10 June 8 4 June m 6)4 1054 5024 4324 7 7 13 Sale Sale 72 June 6024 June June 23 48)4 June 28 June 11 Sale 9924 Sale 2324 Sale 123 91 June 724 June Sale 1524 May 14 1124 May 14 10 24 June 26 62 June 62 24 924 Sale 8924 824 Sale 9 9 8 12 Mar. Jan. 7 7224 Jan. 4 Jan. 11 50 Feb. 19 8 4 6 8 22 8 Jan. 27 7724 17 125 29 6124 17 724 25 29 June June 7 24 June June June 17 24 11 23 8 20 Mar. 14 29)4 June 16 1024 June 4 8924 June 22 924 June 4 46 32 13624 Sale 132 Sale 120 128)4 124 12824 15024 156 15724 161 20 $924 "83" Sale 924 Sale 1624 Sale 108 110 7 75 June 1524 1124 48)4 3624 June Sale 8 7 36 024 Sale 324 45 3 June June May 11824 June 3724 June 4 June 2824 June 3124 June 13 Jan. 21% June 17 12 65 1124 June 5124 June June 3324 June 1224 June 17 June 29 14 24)4 June 3124 June 17 17 June 20 1924 24 Sale 2224 2224 June 2324 11324 11524 11524 Sale 11324 June 80 Sale 80 June 8324 Sale 3024 33 3124 Sale 30\ June 4 June 424 Sale 424 Sale 39 Sale 3224 June 3624 Sale 11 Sale 1224 Sale 1024 June 20 June 21 Sale 2324 Sale 16 324 "724 Sale" • Sale 90 98 224 1 100 June Sale Sale 18 1824 Sale 1 517,000 Vanadium Corp of America.* Sale Sale Sale 94 L20 100 3224 June 3524 June June 1324 1624 Sale 7724 Sale Preferred June 282$ Sale 13 Sale United States Steel.. 2,250 Universal Plct 1st pref.... 100 319,800 (Utilities Pow & Light A .1 June 524 June Sale 24 89 * 45 56 137 8524 6824 100 June June June 824 924 2424 Sale 4 24 Sale 17 1924 1624 Sale 93 9424 2024 Sale 10124 Sale Sale ...100 424 1034 Sale 324 Sale 8924 Sale 76 Sale .. 22 X Sale Sale I21 5 Sale Sale Sale ....... June 23 June 6724 Sale 96 Preferred.... 67 Sale Sale 84 75 7% preferred. U S Tobacco June June June 5 11 ~" June 17 17 12 17 14 14 28 2 29 2 12 Jan. 36 2324 Jan. 34)4 Apr. 50 Jan. 2824 Feb. 9524 Apr. 4824 Mar. ID j 16k Jan. Feb. 128) June 14 June June June June May 54 Apr. 3424 Jan. 62)4 June 17 June June June June 25 June 7 June June Sale Sale 1st prefer red.......100 100 1824 1624 2Q 24 1424 Sale Sale 4 2 13 33 June Sale U S Smelt Ref 8c Mg.......50 Preferred 50 8% 67 40 Sale Sale 1724 Sale 117,000 United Stockyards Corp 222,600 United Stores K $6 conv preferred 3,410 1,800 Universal-Cyclops Steel 6,800 Universal Leaf Tobacco.. 700 • ... June June June 26 A# 17 30 17 18 Apr. HUllU June Apr. June May 3624 224 3924 4024 3024 June June 3424 Sale June 29 81 3724 11% 120% 624 524 4324 June 4424 June 3324 June 67 24 June 4424 June 8724 23 Sale 1924 June 14 9 June 3 June 62 Sale June June 17 June June June 2 4124 June 22 4524 June 10 June 10524 10124 10324 101 Sale 8 1024 Sale 17 14 1524 Sale Sale 32 Sale 3024 a47,X 3924 Sale 39 Sale 824. Sale 8)4 73 65 73 6924 Sale 1724 Sale 1624 L1024 11124 _ 18 June 28 June 29 27 44 8% June 28 724 June 18 June : Sale 85 Sale 5 United Paperboard Co 3 Sale 62 2024 ....10* U S Realty 8c Impt U S Rubber June Sale Sale Class A June Sale 10924 United Gas 8c Impt Co Preferred U S Leather Sale 8924 Sale Sale conv June 4724 Sale Sale Sale Sale 4424 United Electric Coal Cos 5 Sale Sale 6224 1024 25 Sale United Eng 8c Foundry.. 5 United Fruit...... ._....* 7% June 624 Sale 524 Sale . Preferred June Sale 7 924 Sale U S Ac Sale" 624 June 16 1024 June 14 5524 June 17 324 United Drug Inc...........5 United Dyewood...........1# ... 4724 2124 8524 4224 1224 624 1124 Sale 5824 Sale 25 Sale . 17 z30 24 June 14 16 June 14 3024 June 624 624 1224 Sale 5824 Sale 9 • Preferred June 1124 June 17 924 Biscuit of Am......* Preferred Sale 8724 100 1,501,200 United Corp... 60 2,000 Sale 46 680 153,000 279,900 57,500 1,240 353,500 59,400 88,500 806,900 9,600 338,400 800 44 June 29 1924 June 14 81 June 29 36 62 Preferred .........100 51,400|Unlted Carbon 24,500,United-Carr Fastener Corp.* 1,200 113,400 16,300 15,400 i 3,100 300 46 Sale 14 20 15 11 815,800 United Aircraft Corp.......5 425,000,United Air Lines Transport.5 8,800,United American Bosch * „„ 9,900 June 28 1624 June 28 1224 June 17 1024 June 26 4824 June 28 3524 Sale 1424 Sale ..100 23,900, 4% preferred 71,300 Union Tank Car 30 ll,600J June 1724 Sale 1324 Sale 924 1124 4;824 5024 ""724 Sale" ...... 600 10,000 Sale 1st paid receipts 98,600 Union Pacific 2,100 421,200 1224 Sale 55 103,700 Ulen 8c Co • 62,500 Underwood Elliott Fisher..* 94,500 Union Bag 8c Paper........* 271,800 Union Carbide 8c Car * 611,700 Union OH. CaUfornla 25 2,900 4,500 63,700 37,500 15,900 16,700 96,700 15,800 8,700 2,800 Sale 8 .... 12.700 3124 June 18 2* June 16 27 1324 Sale Sale 5224 ... 14,800 Sale 19 .... 6,200 25,400 1,800 60,200 2,400 25,200 iri Sale 1424 Sale 647,100 Texas Gulf Producing Co * 208,700 Texas Gulf Sulphur .._* 612,000 Texas Pacific Coal 8c OU...10 482,900 Tex Pac Ld Trust ctfs 1 29,500 Texas 8c Pacific 100 33.500 Thatcher Mfg........._....* 2,200 $3.60 conv preferred......* 16,900 The Fair Co 1,760 7% preferred..........100 368,200 Thermold Co 1 38,100 Third Avenue............100 19,500 Thompson (J R)—.... 25 64,200 Thompson Products * 509,400 Thompson Starrett * 47,500 Preferred..... • 495,900 Tide Water Assoc Oil ..10 6.200 $4.50 conv pref * 308,100 Tlmken-Datrolt Axle Co 10 114,500 Timken Roller Bear........* 682,800 Transamerlca Corp • 270,700 Transc 8c West Air Inc 5 90,200 Tran 8c Williams Steel Forg* 332,000 Trl-Contlnenral Corp......* 4,800 6% preferred * 121,800 Trnax Traer Coal • 12,300 Tnncon Steel Co 10 317,000 20th Cent Pox Film Corp...* 35.100 $1.50 preferred. ...» 71,730 Twin City Rapid Transit...* 3,450 Preferred.. ...........100 51,400 Twin Coach Co 1 23,700 25,200 16,600 ;; z30 24 June 14 28 U X 50 19 24.300 Telautograph 1,500 30,100 117,000 Highest Sale Prices ....... P 5,700 41,500 Lowest Sale Prices ..... llH 510 d 31 Highest Sale Prices Sale , 11",600 v Lowest Sale Prices Ask ..... 61,600 2,780 3,800 ; -76,400 v' June 30 June 1 3224 3024 13,700 Spencer Kellogg Be Bone... 3024 460,800 Sperry Corp (The) T t c 18)1 Sale 1 Sale Sale 29 2624 39,900 Splcer Hftf Co.. 29)4 Sale 45 46 4724 5,080 $3 conv preferred A 51 ...* 5124 Sale 21 2124 502,900 Spiegel Co Inc 2 6,540 8124 8124 Sale Conv $4.50 pref— * Sale 37 42 45,400 Square D Co class B .....1 41X Sale 1124 762,200 Standard Brands...........* 1224 Sale 1524 Sale 4,990 1 Preferred —* 12424 127 X "8H 83,500 Stand Com'l Tobacco......1 10Ji 1124 Sale 7 619,800 (Standard Gas 8c Elec 624 9 Sale Sale 400,200 17 1624 $4 preferred 2624 Sale Sale 40 27,800 3524 $6 prior preferred— 56 58 Sale 103,600 44 $7 prior preferred 65 24 67 ._...* <■' Sale 18,200 Standard Investing Corp...* 3 .224 324 3H 599,600 Stand Oil of Calif 4324 Sale 4024 • 43 X Sale 340.833 Standard Oil Co of Ind 4324 Sale 4224 25 48 X Sale 35 4,200 Standard OH of Kansas....10 31 29 X 32 X 1406,800 Standard OH ef N J 6624 Sale "6524 25 69 X Sale Sale 18,400 StarrettCo (The L S)._.....* 41 ( 37 34 X Sale Sale 50,100 Sterling Products Inc.. ..10 66 6324 71X Sale 260,600 Stewart Warner Corp 1724 Sale .__5 1724 Sale 52,800 Stokely Bros & Co Inc 1624 Sale 1 Sale 182,900 Stone & Webster.. 20 29X Sale" 1,342,300 Studebaker Corp.. ........1 1424 Sale 132a Sale 20,400 Sun OH 67 6524 Sale • 74 X 76 3,100 11824 123 125 6% preferred ....100 124 Sale 88,900 Superheater Co (The)......* 42 3§" 54 Sale Sale 1,271,500 Superior 011 ...............1 5 Sale 157.000 Superior Steel 3224 3124 39 Sale .........100 35 46,900 Sutherland Paper Co 32 X Sale ...10 16,900 Sweets Co of Aaer (The)..50 17 4 1724 1124 13 Sale 213,200 Swift & Co 24 25 2224, 2524 Sale Sale 67,900 Swift Internat Ltd 31 3024 31X 32 1,400 26,500 2,200 RANGE SINCE JAN. 1 Price Shares Since 1 PRICES IN JUNE STOCKS Jan. 1 Shares EXCHANGE—STOCKS N. Y. STOCK 224 Jan 58X Jan : r. 3924 Mar 11 lo "M -A SALhi AGGREGATE In June Price Jan. 2 EXCHAN OE Jan. 1 Share* Shares Ask 7% 840 520 300 100 170 90 310 95 Sale Sale 115* 37 5* 130 1185* 123 76 135 12,400 700 87,600 12",900 11,100 400 10,300 2,000 13,900 Walworth 87,100 12,300 23,600 334,600 5,500 1,337,400 4,300 123,300 415,700 21,400 92,000 44,400 13,900 700 500 Walker(H) Gooder 8k W Ltd.* Co 180 Class B 5 Warner Bros Pictures $3.85 preferred.....* conv 1 tWarner-Quinlan Convertible preferred....* Waukesha Motor Co 160 1,010 680 310 860 3,000 10,000 174,200 32,200 63,300 198,500 10,000 8,600 1,200 3,400 10,900 .. Western Auto Western lOf . ._. ltO 100 Union 300,500 Westlnghouse Air Brake * Mfg..50 890 ■'i Weston El Instrument 30 2,400 2,900 38,500 19,700 Westvaco Chlorine Prod 40 ■ 10 800 900,700 18,700 448,500 113,600 34,230 29,200 3,940 20,000 25,100 840 1,400 200 2,800 4,900 140,700 1,190 4,500 37,800 Wilcox OH 9c Gas 70 2,345,300 6,920 39 Sale preferred.......100 (F W) .... ,.10 par value. <1 II% 80 Sale 100 100 Wright Aeronautical Corp.. * 82 9 7% preferred "A".... 6% preferred B * Wrlgley (Wm) Jr Yale 8c Towne Mfg 7% Co 8c C'ch class preferred 25 B 1 100 ... r Cash 90 * 100 415* June 28 £405* June 29 145 22 375* June 30 Sale 19 sales, 85* Sale 76 795* Sale Sale 865* Sale 695* 50 Sale 25 Sale Sale 185* Mar. 16 Mar. 195* Feb. Feb. 845* June 185* Mar. 495* Mar. 195* Jan. 505* Feb. 105* Feb. 995* Mar. 18 Jan. 695* Jan. 1X Feb. 16 28 24 24 17 11 8 49 4 28 5 24 11 16 8 1 26 2 6 23 17 Jan. 25 Jan. 16 Mar. 10, 385* Feb. 19 48 5fc June 10 _ May 14 4 4 11 105* Mar. 16 55* June 21 May 3 115* May 13 59 Apr. 27 % May 18 65* Feb. 1 22 June 15 335* Apr. 28 265* June 28 425* June 29 82 96 33 Sale 99 55* Sale 95* Feb. 1 June June June June June June June June June 215* June June 825* Sale 98 985* 325* Sale 55* Sale 355* June 745* June 28 835* Jan. 22 29 575* Mar. 6 675* Jan. 22 .70 Jan., 22 June June June June 595* June 455* June 415* June June 1305* Apr. 143 May 21 May 365* Jan. £40 5* June 375* June 30 1 215* June 9 305* June June 5 June 10 99 Jan. Jan. May June 8 20 June June 8 20 June June June 28 114V 38 June 3 June 145* May 3 5* June June 3 25 June 25 14 9 8 9 5 6 17 17' June 305* Jan. 22 39 May 6 275* Feb. 23 345* Jan. 7 115 Apr. 13 18 .235* May 6 4 65 Mar. 11 20 L105* Mar. 17 29 235* May 15 17 33 5* Feb. 16 15 185* Jan. 25 17 65* Mar. 22 17 465* Jan. 4 65* Jan. 45* Apr. 28 85* June 16 June 77 10 14 125* 915* 655* 47 June 3 June 4 43 h June 29 305* June 18 June 4 81 June 4 7654 June 30 100 90 May 18 128 , 4 Jan. Feb. 25 27 Mar. 22 Jan. 20 Jan. 22 1125* Mar. 25 Mar. 10 76 Jan. June 15 4 205* Jan. 123 Apr. 28 142 Jan. 6 7 27 Jan. 16 June 10 66 48 June 30 June 10 355 June 21 June 5 74 Mar. June June 2 June 4 June 7 June 7 S?B June 99 June 5 975* 34 June 9 30 June 7 45* 12 19 17 7 June 17 295* May 27 90 Jan. 18 19 June 975* 30 9 11 June June 4 Feb. 905* June 17 109 June 14 £1005* Jan. 83 118 Apr. 10 1235* Mar. 9 1155* Jan. 1105* Apr. June 21 24 285* June 75* June 17 115* Mar. 135* June 17 235* Mar. June 25 2 45* Mar. 55* June 25 115* Mar. 95* 795* 475* 355* 1035* 865* 1015* 695* 535* 265* 1275* 395* 855* June .123 Sale 43 5* May 14 Mar. 13 80 845* Feb. June 16 102 Jan. 3 June 15 2IIQ 25* Jan. 9 56 Mar. 17 £90 June 24 4 8 55* June 90 Sale JEx-rights. June 825* June 12 515* June 25 66 48 Sale Sale V A* 50 Jan. June 17 225* 245* 155* 45* 29 June June 765* 235* Sale 123 Sale Ex-dividend. 55* June 111 120 June * 77 Sale 66 51 June 17 June 435* June 305* June 925* June 455* Sale 335* Sale 925* Sale 765* Sale 915* 100 385-* Sale x June 14 45* June 85* June Sale 5 126 1105* c3% Sale 7X Sale 483/« June 10 June 17 1445* June June June 25 150 132 Sale Sale 77 X 106 5* June June Sale 69 Sale June 28 31 87 375* 205* 285* 215* Sale 49 X 129 42 Jan. 5 Mar. 4 Mar. 12 1225* Jan. 4 29 5 75 5 7 125* Jan. 37 135 98 June 17 24 5* June 22 85* June 255* June 11 June 14 22 845* 79 76 1175* 120 75 725* "June Sale 445* Sele 795* 465* Sale 35 345* 102 June 10 June 11 June 8 June 4 June 9 June 10 June 83 415* Sale Sale 143 1485* Sale 435* Sale Zonlte Prodocts Corp._____ 1 Deferred delivery, Sale 78 Sale 35* Jan. 85* June 75* Jan. 13 Apr. 245* June 845* June 115* Jan. 425* Apr. 19 May June 24 1185* June 17 121 111 June 1 114 June 21 Sale 24 285* Sale 85* 75* June 17 £16^' 135* June 17 165* 2 ? June 25 35* 25* 25* 8 Sale 6 55* June 25 55* Sale Sale Sale ........ 194,900 Si* 3 June June 96 305* 295* 30 108 114 102 120 1215* 113 485* Sale" 44 465* Sale 101 1035* 106 1025* 104 20 21 225* 20 215* Sale 20 22 235* Sale 145* 145* 155* Sale 15,' 4 35* 35* 45* 45* 25 Sale 285* 25 27 4% 35 514,500 Youngst'n Sh 8c Tube 55*% preferred 8,100 153,200 Zenith Radio Corp 300 Sale 1551 155* 5 H Sale 405* Sale 100 37,600 Young Spring & Wire 12,500 9,900 24 5* June 145* 265* 845* 155* 485* 195* 30 65* 94 115 Sale 105 .8 .... Worthlngton P 8k M_.._ Yel Trk 83 1125* 245* 75* 135* Sale 34 12 1205* Sale 90 120 1 16 June 385* Wilson 8k Co-..............* cum Sale Sale Sale Sale 335* June 905* June 17 24 110 6 June £90 90 915* Sale Sale Sale Sale 43 5* June 22 June 23 80 81 88 Sale 30 5% preferred 800 Wheel*g & Lake Erie Ry ColOO 710 55*% conv pref........100 $6 8 June 17 15* Sale Sale 85* Sale 165* Sale 35* Sale • Wool worth 15* 15 1115* Sale • 199,600 9,800 30,300 1,700 47,500 5,300 d Class A .. 18,000 1,900 2,400 2,500 121 * 242,800 Wheeling Steel Corp ...* Proferred......^. .100 13,100 1,600 White Dental Mfg Co (S S).20 .50 629,700 White Motor 43,600 White Rock Mln Spgs ctfs..* 85,100 White Sewing Mach Convertible preferred 27,800 * 16,700 4,100 86 96 50 X 146 X 45* June 14 80 .50 89,300 1,430 15 June 34 30 45 79 H Sale 100 Teleg 22 Sale 82 95 Sale 16 175* 25* Sale 7% Sale 6% preferred........... 100 Western 5* June 65* June 29 v Sale Sale 905* Sale Sale June 78 14 5 May 12 Mar. 27 88 Feb. 26 125* Abr. 6 745* Apr. 6 115 Feb. 15 Mar. 47 80 80 15* 8% Second preferred...... 1(0 Western Pacific 115* June 28 45* 55* Supply Co. -10 Maryland. 55* June 21 75 June 12 June 17 265* June 28 425* June 29 81 1215* Sale 1135* 116 pref 7%_. .101 preferred.r June 17 24 26 26 48 Sale 82 X 98 5* 105 95 preferred........... .100 6% preferred 6% June 30 245* June 24 845* June 24 135* June 29 445* June 1 195* June 11 415* Sale Sale 5 80 "ix 98 100 7% West Penn Pow " 31 Sale 81 V: 249,200 Westlnghouse El 8c 7% 1st preferred 3,320 1,300 •No 51!* ..* preferred West Penn El Co "A" 378,800 83,500 23,100 28,500 con? 81H —1 Wesson OH 8k Snowdrift $4 21 " 13 445* 365* 365* Sale 100 .... Wells Fargo 8c Co 8,100 2,530 6,020 5,300 3,060 J2* 36 -.1 Wayne Pump Co 130,800 135* Sale 545* 61 5* Sale 85* Sale 305* 24x4 39 375* 36 * .....5 Warren Fdry 8k Pipe 80 70 Sale 10 33 tWarren Bros Sale 6 7H Sale 1005* 175* Sale 66 68 5* 94 ......100 June 8 128 June 14 87 115* Sale 255* Sale 84 865* 14 Sale 455* Sale 195* 195* 235* 28 55* Sale 65 835* 125* Sale 45 605* 5* 5* 75* Sale 445* Sale 19 195* 20 325* 19 5* 44 H 8* ... 7% preferred T, 160 7,700 1,300 n 48 Ward Baking class A—.... Preferred ^ """ Preferred 62,600 Webster Rlsenlohr 2,000 '> 11M Sale «• 1,041,700 54,200 14,700 Sale 65* 13 ~ Sale 15 June June 235* June 45* June 14 85* June 29 Sale 9 6 115* 135* Sale 265* Sale 17 June June 20 445* Jan. 115 4 1185* June 15 1205* June 5 Sale 100 45* % Pref with warr 17 95* 17 595* 29 111 8 3 June 83 80 72 115* Sale ..... 200 200 42 5* June 128 1185* 125 6 32 June 29 1115* Mar. 27 405* June 17 80 Mar. 27 85 Mar. 18 7 June 17 4 485* June 17 4 June 29 3 105 23 65* Apr. 28 205* June 17 23 Apr. 26 8 124 70 Feb. 17 8 2 8 1175* Feb. 7 375* June 405* June 17 1195* 128 128 855* Sale ..... 9,300 June 29 95 .... 126 ... "5,300 Highest Sale Prices Sale 9 135,900 tWabaah 10t» Preferred A...........-100 193,000 Preferred B 100 7,120 * 83,600 Waldorf System 80,800 Walgreen Co 5,500 9,200 Lowest Sale Prices 7 June 75* Sale 485* June 51 Sale Sale 57 105 June 108 109 1105* 107 6 5* June '• 75* 65* 7 75* 235* 205* June 215* 225* 20 Sale" 7% prefer red........—100 Highest Sale Prices 32 415* Sale 425* 405* 425* 200 5% non-cum pref 100 v 672,600 Va Caro Chemical...... 219,950 6% preferred --10C 3,210 Virginia Elec 8k Power 0% pf* \ 7,690 Virginia Iron. Coal 8c Coke 10C 4,460 5% preferred...........100 > 4,900 Virginia Ry Co pref 100 4,020 Vulcan Detlnnlng.......l00 20,000 6,050 105 115 116 l«t profar red ......-100 5 26,700 Vick Chemical Co 140 Vlcks Shr & Pac Ry Co—100 "2,366 36 Sale ....—5 Go Van Raalte 590 Lowest Ask 345* 112 Ask Bid 33 37 X Bid Sale Prices June 30 June 1 1937 Par , 46,700 1,200 RANGE SINCE JAN. 1 PRICES IN JUNE STOCKS N. T. STOCK bince , EXCHANGE-STOCKS N. Y. STOCK 40 June 45* Jan. 465* Feb. 17 101J* Mar Jan. 2 115 June June 17 405* Feb. June 17 23 15 60 95* Jan. 27 17 16 ^ Called for redemption. t Companies reported in receivership Change of name from International Printing Ink Corp. (Continued from page 30) months' bills, and 21/32% for six-months' bills. sold on June 1 at $4.92% @$4.93, cable "transfers The Bank's statement on of June 30 reported circulation of £488,444,000, although the seasonal was which was the Bank reflected to of -England. some degree in the circulation peak in circulation was thought to be six weeks away. Cir¬ culation on June 30 compared with £439,641,851 a year earlier and with £351,618,000 in the Bank's statement just LONDON CHECK RATE ON PARIS AND PRICE with £150,000,000 recom¬ mended by the Cunliffe Committee, and with £136,880,252 in the Bank's statement just prior to the suspension of gold in September, 1931. Throughout the month British industry continued active and there was evidence of increased foreign trade. Gold on year earlier, offer in the London open market daring June £12,276,410 in May. Paris table below). On June 29 and 30 the rate was nominally quoted 119-20. The London open market gold price ranged between 143s. 3%d. and 140s. 9d. per ounce. The American price for gold (Federal Reserve Bank of New York) continued at $35 an ounce. London money market rates^ hardened slightly toward the end of the month, when all bill maturi¬ ties were quoted at 23/32%, as compared with May rates of 9/16% for two- and three-months' bills, 19/32% for four- amounted to £22,424,000 compared with month the mean London check rate on until June 29 ranged between 110.53 and 110.91 (see During the LONDON T • j Mean ' . Mean London London London London Check Rate In a OF GOLD IN " Open Market Check Rate Open Market Gold Price on tinued to add to its gold holdings, which on June with £222,070,107 and on $4.93%@$4.93%. The low for sterling in June $4.92 1/16 on June 3, and the high was $4.95 on June 22. June 30 at prior to the suspension of gold in 1931. keeping^with expansion in circulation the Bank con¬ 30 reached a new record high of £327,320,221. Competent authorities estimated that the Bank would still further increase its gold holdings toward the end of July by not less than £55,000,000. The Bank's gold holdings on June 30 compared Sterling Paris on Gold Price Paris June I...* 110.62 140s. 9d. June 16J.. 110.89 140s. June 2-.— 110.61 140s. 8d. June 17— 6 5*d. 3-— 110.60 140s. 9d. June 18... 110:85 110.87 140s. June 140s. 6 5*d. June 19 110.89 140s. 65*6. 4.... 110.68 140s. 5d. June June 5 110.69 140s. 35*d. June 20— June 6 June 8- SUN DAY June 21... SUN DAY 110.89 140s. 65*6. 4d. 110.72 7 June 55*d. — 140s. 85*6. June 22... 110.88 140s. 110.81 140s. 7d. June 23— 110.85 140s. 5d. 140s. 65*6. June 24... 110.89 140s. 45*6. 76. June 25— 110.89 140s. 45*d. 110.88 140s. June 9 110.89 June 10 110.90 140s. June 11 110.91 140s. 75*d. June 26--.. 110.90 140s. 66. June 27— June 12-..- June 13 SUN DAY ... ( June 28... June 14 110.91 140s. 65*d. June 29— June 15 110.88 •140s. 55*d. 75*d. SUN DAY June 30.__ 140s. 86. 140s. 9d. 140s. 110.53 i;.VVv * rxV 9d. ; closed markets. On June 30 the franc wa_ "cut" from gold and allowed to "float." The market for francs found limited sup port from the British and American exchange funds. The London check rate on Paris was on the last two days nominal at 119-20. . , . * On June 29 the French Government In commenting on the June the foreign exchange situation during Federal Reserve Bank said in its "Monthly Re¬ view" for July 1: "An increasingly pressing fiscal and exchange situation in France, which led to a Cabinet realignment and provided the background for a greatly accelerated export of capital (Continued on paffe 53) NEW YORK CURB EXCHANGE RANGE OF PRICES ON Shares. Jan. 1 to June 30 Jan. 1 to June 30. 1936 1937 $31,187,000 268,730,000 Bond Sales 6,296,710 74,900,269 4,327,380 66,011,332 ... June 1936 1937 Stock Sales June $68,312,000 479,869,000 disregarded In the month's range, unless they are the only transactions of the month, and when selling footnote In the month In which they ooour. No account Is taken of such sales In computing the raoge for the year. NOTICE.—Deferred Jell very, under the rule and cash salea, are outside of the regular monthly range are shown In a AGGREGATE | CURB Since June Price YORK Jan. 2 EXCHANGE Shares " 400 100 3,900 1,300 1,900 4,100 1,500 800 900 850 620 380 Par STOCKS 19,075 2,800 74,700 ; Ask Bid « Ask 26 Acme Wire Co v t c Aero Supply Bid * Class B 11,200 Agfa Ansco Corp com 1 26,200 Ainsworth Mfg Corp com—5 22,800 Air Devices Corp common.. 1 30,800 Air Investors Inc common..* 9,000 Convertible preferred.. * Warrants 39,100 4,850 Ala Gt Sou RR ordinary...50 3,670 Ala Power Co $7 pre* * 31 "3% "3% Sale 27 Sale 29% % ...... 74% Sal<f8 400 650 4,100 300 11,000 2,400 220 2,980 6,900 16 preferred Sale 100,684 lb A lies & Fisher Inc common 8 42 May 14 56% Jan. June 16 21 Jan. 24 4 June 1 295^ June ;' 5 June June 21 740 American Book Co.......100 63 41,400 72& Amer 17 123 31 Sale Sale ;:i Sale 3% 66 1 Amer Box Board Co com 32", 500 June 11 June 8 62% June 3 1 3% 4 3% 3% 22% Sale 10 550 7% 800 *""206 800 7,400 2,300 3,800 1,800 2,200 4,600 500 conv 3 June 28 19 270 45,100 5,900 50 3,400 8,100 9 i June May June June 30 June 24 June 17 June 5 June 13 12 11 80 June 16 35% 18 June 4 June 7 31% Sale 30 31% Sale 3% Sale 31 % June 25 31% Sale 6% Sale 30% Sale . 3% "r4& Sale ""4% Sale Sale 3 20% 19% 21 Sale Sale 39 Sale "II"" Sale" 34 Sale 34 34% 41% 28% 38 1,100 38,300 Amer Investment 80,800 3,250 11,975 Amer 25 com 6% preferred............25 Amer Mfg Co common Preferred...... ._10t 39 Sale 24% "25% 21% Sale 28 .... $7 preferred .........* Radio Tube......l 2,250 278,600 A returns 279,700 Arkansas Nat Gas com.....* Class A 1,148,200 Preferred...............10 101,600 430 Arkansas P Ac L $7 pref Sale "lH Sale* 55 Sale 1 1% 36% 40% 9 10% 2% Sale 92 96% 8 8% 94 Sale 4% 107 Sale 1% 7% 7% 8% 76% 12% 6% Sale 8% Sale 10% Sale 143 6i 28. 4% 3% Sale 6% Sale 26% Sale 35 108% Sale 1% Sale 22 26 aVA y 9% Sale 30% 37% 17 20% 1% Sale Sale 34 108% 36 6% Sale : 106 Sale 91 Sale 6 If* 17% 26 28 45 Sale 70 90 1% Sale 39 42 % 1 42 47% * 23,800 Art Metal Works common...5 235,200 Ashland Oil Ac Refining Co.l 3% Jun$ Sale Sale Sale Sale Sale 8% Sale Sale Sale 11% 1% 2% 20% Sale Sale Sale Sale 103% Sale 7 Salo Sale 7 Sale 1 8% 8% 10% 10 Sale 5 17 29% June June 118 34% June 4% June June June June June 17% June 1 • June 15 1 "45"" June" 10 6% June 12 1 % June 1 94 31 June 23 June 5 4% June 3 % June 6% June 30 3 2 1 June 11 June !m i* May 7 32% Jan. 12 tI* IV* a* 8 9 Mar. 29 9 Apr. 13 Jan. Mar. 10 Feb. Feb. 10 20 41% Jan. 12 14 25 47 Jan. 19 i 8 Jan. 19 36 Feb. 13 3 26 35% Jan. 6 29 125 Mar. 22 Jan, 22 Jan. 7 Jan, Feb. Jan. Jan. Mar. 18 1 14 5 6 36% Feb. 11 42 32 Feb. 5 Jan. 22 Mar. Feb. 26% Jan. 28% Jan. 54% Apr. 5 37 22 18 38 20 June 26 Mar. 16 Jan. 26 Mar. 18 Jan. 2 40% June 26 May 14 Jan.V 6 38 5% May 25 1% June 15 88 2 28 Mar. 20 89% Mar. 15 7 i 5% June 25 30% June 26 37% June 15 17% June 17 Jan. Mar. 18 Mar. 4 17% Jan. 14% Jan. June 17 136 7 5% 4% Apr. 1 % June 17 17% June 14 24 28% June 15 48% 1 112% 106 June 12 9% June 17 May 6 19 82 16 4 21 Mar. 18 2% Mar. 29 59 Jan. 11 2% Jan. 20 Apr. 7 10% Jan. 14 53 Mar. 22 24% June 28 4% May 12 June 14 3 5% Jan. 26 26% June 30 8% Feb. 42% Feb. 102% June 25 110% Jan. 1 % June 7% June June June June June June June June June 18 June 4 June 17 1 June 108 102% June 6% 6% 8% 76% 10% 5% 1 2 1% June June 14 June 29 6 16 June 30 June May Jan. Apr. Apr. 21% June 14 x20 27% June 8 24 19% June 1 17 28% June 18 27% 45 26% June 30 June 31% 3% 33% 26% 118 Mar. 9 Jan. 15 Jan. 26% Feb. 124 1% June 15 40% June 26 3 4 June 10 June 9 51 5 7 15 14 28 12 3 3% June June 22 June 22 43% June 6 June 1% June 89% June 24% June 4% June 4 Feb. 30 32% June 5 109% June 10 9% June 1 32% June 10 37% June 15 20% June June 21% June 11 25% June 2 17% June 26 28% June 18 44 June 2% June £19 June June 9% June 25 34 84 127 5 June §?8 4 Jan. *7% 34^ 118 4% June M June 33% June 10 June 1% 19% 17 Sale 33 1% 20 26% ......100 744,600 American Maracalbo.... 18,300 American Meter Co.. 6,200 Amer Pneumatic Service....• 4,350 Amer Potash & Chem Corp..* 10,000 Amer Seal-Kap Corp com....2 * 769,600 American Superpower 1st preferred ......._* 12,300 Preferred ._....* 35,900 17,100 Amer Thread preferred.....5 38,700 Anchor Post Fence com....* 1 67,300 Angostura Wupperman 19,900 Apex Elec Mfg Co common..* June 17 124 OQ1Z (111) com..* 120 117 26 Light At Trac June 18 June 34% 6H Amer Hard Rubber Co com.50 Amer Laund Mach com....20 June 10 84 ... 11,850 June 30 Jan. 22 Apr. 22 2 Jan. 18 131 1% June 24 62 June Jan. 22 24 18 140 June 24 19 10 7% June 16 12 June 120 5 June 14 June 6 1 14 87 June 29 98% Jan. June 24 19 Sale Jan. June June June 18 el* 65: Sale June 28 4 3 1 Jan. 1 19 Feb. 34% Jan. 1% Jan. 30 77 22 125 5% 18 10 5% 15 2% Apr. 26 Apr. 28 16% June 23 19 2 ' 38 59% June 125 Apr. 2% June 3% June 1% May 120 111 June 14 June Sale 3% Sale 41 40 June June June 29 34* 35 8 .+' June 28 120 122 Sale :1 7 100 84 80% 4% Sale 32% June 21 3% June June 14 130 113% June 16 16% June 23 138 Sale 114% Sale 16% 17 35 3% Sale Appalachian Elec Power— 13,000 14,600 1 22 84 preferred...... 100 8,300 American Equities Co * 160,300 Amer Ac Foreign Power warr.. 9,100 Amer Fork fit Hoe Co com...* 266,200 American Gas At Klec com...* Preferred * 10,995 85,100 American General Corp 10c $2 preferred 12,750 ...........1 $2.50 preferred 1,325 .....1 25 48,665 June % June 2% June 18 3% June 10 38 425 Amer Dist Tel N J common..* 450 June 10 22 19 cl A.. 10 com Common class B 50 650 T 27 59% June 30 81 25 Class A with warrants Class B 25 200 1,200 7,100 June 29 Jan. 4 June 28 June 4 Jan. 7 80 June 34 Corp.l Conv class A............25 225 Amer Cyanamld 350 2% 3% 25% % 72% 67 72 o 7t10i Capital Corp d A.. 10c American Centrifugal 338,600 25 2 1 67 115 121% 124 21 21% 23% 1% 2% 2% 63 65% 67 19% 19% Sale $3 preferred ......... $5,50 prior preferred ..* 11,800 90,100 950 22 72% June 30 ill" Sale" 108% 109% Common class B._...... 10c 9,300 8,100 9,700 June 18 Sale Amer Cities Power At Lt Corp 2,400 1,300 1,000 20,300 1,525 11 June 29 June 7 June 28 June 4 27 3% 148 Sale 117% Sale * Aluminum Co common 600 750 1,100 1 2% 3% 25% % 2% Sale 19 Mar. 31 6% Mar. 38 May Sale II 25 9 3% June 28 14% Feb. 5 June 28 June 18 12% 19 107 27,600 2% 3% 5% Sale 3% 4% Allied Products class A....25 ........ 150 3,700 47% June 24 25 11 27 59% Sale 21,500 6% preferred... ....100 8,600 Aluminum Goods Mfg......* 13,300 Aluminum Industries com..* 58,150 Muminlum Ltd * 9,400 k% preferred...........100 66,800 American Airlines Inc....10 20,300 Amer Beverage Corp 1 200 300 June 22 June 16 3% June 28 Sale * 8,600 Alliance Investment com...* 1,500 Allied Internet Investing...* 750 S3 conv preferred ....* 104,100 2,800 17,100 2,200 6,100 Highest Sale Prices ... 3,800 9,000 3,100 1,300 Lowest Sale Prices 24 10 Allegheny Steel 7% pref-_i00 """600 Highest Sale Prices 44 "26" Sale Sale Sale Ask Bid "19* 27 22% 5 % Sale 12% 15% 19 19% 21 Mfg class A... Lowest Sale Prices June 30 June 1 1937 Jan. 1 Shares RANGE SINCE JAN. 1 PRICES IN JUNE SALES NEW In 7 3 Feb. 12% Feb. 13% Feb. 10% Jan. 96 Jan. 15% Feb. 8% Jan. 16 June 29 June June 79% June 15 12% June 1 6% June 2 6% 6% 8% 76% 10% 5% May 14 May 14 Apr. 28 10% 1% *2% .17% 26 15 17 June 1 June 14 June 17 8 8 16 11 5 11 Associated Elec Industries— '3,200 4,100 24,400 4,900 18,900 800 American deposit rects_.£l 15,000 89,400 Assoc Gas At Elec com ......1 Class A .............1 512,100 $5 preferred..............* 38,400 Warrants.. I.....'...... 287,200 10,700 Vtc common 17,600 1,700 17.400 9,500 8,400 86,800 6,270 4 Sale 33% Sale '32 Sale • 11% 1% Sale 19% Sale 11% 1% 2% .... ...» Austin Silver Mines........1 Auto Far footnote* see page 53 i June 17 f6 June 19 % June 4 11% June 1 1% June 7 2% June 1 20% June 23 332 June 3 % June 5 ■: Apr. June June June May % May • , % Jan. 7 11% Sale 8% 8% 7% 8 3% 20 3% Sale 3% Sale Corp..5 Voting Machine com..* 7% June 29 49 87 Atlantic Coast Line Co....50 Automatic Products June 17 ..* Atlantic Coast Fisheries... 143,000 Atlas Corp warrants.. 73,700 Atlas Plywood Corp.. 2% ^78 % Sale 60 Atlantic Gas Light pref..100 307,100 80,800 55,400 11% June 10 1% June 15 * ... 50 Assoc Tel Ac Tel class A 570 30 13 2% Sale Assoc Laundries of Amer...* 5,000 2,800 12% "7% "-§~ 2% 22% 1% 6% 10% Sale 23 1% 6% 11 1% Sale 21% 22 1% Sale 6 Sale 10% Sale June 28 June 4 1% June 15 21% June 14 1% June 16 6 June 7 10% June 28 8% June 24 Apr. 17 22 7 7 9 7% June 29 54% June 10 47 Jan. 7 87 87 June 4 June 4 2% June 2 23 June 2 June 4 7% June 11% June 16 1% June 15 19 Jan. 4 1% June 16 6 May 18 7 Jan. 4 13% Feb. 11 3 Jan. 7 7 5% Jan. 7 39% Jan. 2 ^32 Jan, 1 1% Feb. 1 % Feb. 9 7 Apr. 13% Jan. 30 57% Mar. 19 88 May 15 __ 4 Jan. 14 29% Mar. 18 3% Mar. 31 9 Feb. 16 11% Mar. 22 NEW 42 YORK PRICES IN JUNE SALES MORBOATB NEW YORK CURB EXCHANGE June Shares Shares 890 18,650 Babcock ft Wlloox Co...-...* 136% Sale 3 137,900 {Baldwin Locomotive warr. Sale 1,100 Baldwin Rubber Co com—.1 22,700 Bardstown Distillery Inc...l 383,700 Barium Stainless Steel.....1 *3% Sale" 11,700 Barlow Be Seelig Mfg class A.5 18% Sale 9,000 Bath Iron Works Corp -.1 ; ' ; 1,300 400 30 200 6,100 60 170 100 Sale Sale 10 Corp com—1 • mmm. 14 T" Bell Telep Co of 101,500 Blue Ridge Corp com.......] 20,000 $3 opt conv pref—— 35,200 Blumenthal (S) k Co com...* 4,375 Bohack (H C) Co common...* 2,180 7% 1st preferred 100 6,300 Borne Scrymser Co........26 21,000 {Botany Consol Mills com...* 15,300 ttourjole Inc............. .5 55,800 Bower Roller Bearing 3K 45 % 5,700 4,200 3,600 . 1,200 1,800 2,400 11% June 10% June June June 85 17 3% June 13 12% 25" Sale Sale 35% Sale' 2% 3 Sale 20 Sale Sale 46 18 9% 10% 7 50% 52 K 36 15 K 14% 18 % % 5% 5% 28% Sale UK 6 Sale 29% Sale May 13 June 17 18% 8 5 : Sate 32 May 14 15 13% % 5% 26% 8 5 26 June 26 34 3 48 June 3 June 10 2% May 13 42% Mar. 27 7 14 1 1 29 25 20 7 36 June June June 23 23 13% % 5% 28% June 17 June 15 June 18 June 3 June 25 5 26% June 24 ; 13 23 June 1 , 6 Jan. 18 May 17 May 10 4% May 3 ,v- 36 28 17 Mar. 15 Feb. 16 Feb. 10 June 19 18 Mar. 3 June 25 8% Mar. 2 Feb. 26 169 159 Feb. 13 113% June 24 125% Mar. 10 4 May 7 5% Mar. 3 Jan. 22 18 19 Feb. 19 June 12 2 '4 Jan. 22 % June 17 2% Feb. 5 June 14 18 6 June 28 5 June June 2% June 45 June 14 June 6% June 29 June 13% June % June Jan. Mar. 11 June 2% Sale 44 46% •:«' 7 16 May June 25 xl8 May 19 27 16 June Sale 14 39% Sale Sale 8% Mar. 10 11 Apr. 28 103 80 3 June 11 June 2 June June June June 1 Jan. 11% June 43 114% June 3 156 1% June 3 11 June 15 11% 2% June 17 5 2 8 3% Jan. 30 21 15% June 10 June 22 11% 1 June 18 June 7 June June June a6 Sale 1% Sale UK 5 1 18 25 4 June 8 June 3 June 26 June 115"" Sale' 6 UK 100 June June June Canada..100 3 9 June Mar. 24 27 5% Sale 122% Sale June 28 5% June 23 June 8,600 Blckford's Inc com........ 975 $2.50 Conv pref..........* 129,200 Bliss (E W) ft Co common.. 900 Bliss & Laughtin Inc com.-.5 7,900 iP June 13% 12% Sale 2 1 6% Apr. 30 28 22% 3 ..... Bell Aircraft Corp common. -1 Bellanca Aircraft common..I 17 20 June 17 June 18% 27% 9 June June June 5 Sale 16% Sale 11% Sale 7 122 June 15% Sale 4% "2% Sale' 150 825 310 500 Beech Aircraft 476,500 Berkey & Gay Furn Co 1 Purchase warrants........ 321,400 22,000 13,300 1,100 June June June June 12 ""2% "3" 11% June 32% June June 19 1% Sale 12% 2% A* 2% Sale 17% 26% 20 1,100 50 29 85" Sale" 10 common. 870 Bell Telep of Pa 6 % % pf—100 Benson & Hedges com.... 500 Convertible preferred..—* I Highest Sale Prices June (L) Be Co com....* 7% 1st preferred—.....100 1,000 Beaunlt Mills Inc 100 $1.50 conv pref 72,500 84,100 1,068 Lowest Sale Prices Baumann 370 2,200 2,100 1,800 Highest Sale Prices 8% June 26 9% Sale 11 Sale 10 31 Lowest Ask Ask Bid Bid Sale Prices June 30 June 1 Ask 6,100 Avery (B F) Sons Co— 5 6,400 Alton Fisher Tob class A..1I 4,200 1.675 9,800 1,100 1,300 14,500 ; 900 9,000 1937 Par Bid STOCKS (Continued) RANGE SINCE JAN. I Price Jan. 2 _ Since Jan. 1 In , EXCHANGE CURB Jan. 18 June 29 June 26 June 17 6% June 25 June 23 13% June 23 % Apr. 22 5 Feb. 1 26% June 24 15% Mar. 8 37% Feb. 3 24% Feb. 17 38 May 3 4% Jan. 48% Jan. 43% Jan. 16 21 Jan. 25 56% Jan. 29 11 18 Feb. 20 19 % Jan. 6 7% Mar. 15 35% Feb. 5 Bowman Biltmore Hotels- 27,900 5,800 15,700 72,200 16,400 3,300 650 1,500 8,300 3,200 > . "3~, 100 600 200 200 v 3,600 520 1% 24 Sale 10% Sale Sale" 7% 17% Sale ""% 7 ..—100 Brlllo Mfg Co common * : 16 16% Z16 June 12 7 4% June 14 33 June 14 17% June"! Sale Sale Sale 10 Sale Sale % Sale 7% Sale % June 14 7% June 30 3 3 58% Sale 10 11% 4 2% June 55 52 9% 40, 11% 10% 22 June June 53 June 22% June 23 10 31 June 8 1% June 16 2 June 9 35 1% June 16 Jan. 20% Apr. 28 3 % June 3 18% Jan. 4 8% June 29 4% June 14 31 Apr. 7 16 Mar.22 ;08% Apr. 29 % May 24 6 % Jan. * 9 2% Jan. 4 46% June 28 Jan. June 15 30% June 23 24 4 46% June 28 10% June 15 53 10% ■. June 28 $5 * June 28 2% preferred.. 10 9% 1% June 11 22% June 3 4% June 1 25% June 5 "" * Corp class A........—* Class B 1% June 16 20% June 22 3% June 3 23 June 24 8% June 29 4% June 14 "1% 23 & Sate 4% Sale Preferred.....—.——100 Brill IK Sate 30 17% com.. 1% *4% Sale 18% Sale Brazilian Tr Lt & Pr ord— 4,100 Bright Star Elec class B 66,200 85,800 16,600 5,700 - 3 7% 1st pref......—100 2d preferred——100 81,200 Bridgeport Machine 10 2,400 2,600 2% ........ Breeze Corp...... 1 3,206 Brewster Aeronautical...— 300 Bridgeport Gas Light Co....* 3,200 -2,900 Common— 10% June 28 C1S88 A... Mar. 29 June 14 Jan. Jan. 21 22 Apr. 29 Feb. 5 Feb. 2 Feb. 18 Feb. 2 1 Mar. 11 Mar. 9% May 18 28 6 7 ' 4 Mar. 1 Jan. May 13 British-American Oil Co—- 300 23% 23% Coupon stock (bearer)....* Registered— Ltd Amer dep rets ord bear. £1 Amer dep rets ord reg— £1 21; 21; 24 24 22 24 32% 33% 31 31 31% 30% 30% 32 30 31% May 26% Mar. Jan. 25 Mar. 20 33 32 Jan. 18 Feb. 6 8 British Amer Tobacco, 800 5,800 900 32% 32 z30% Mar. 1 31 Apr. 24 British Celanese Ltd— 200 13,700 Am dep rets ord reg..-10s 500 British Col Power class A 300 125 12",750 7.600 100 1,500 68,350 Brown Co 6% pref... 100 51,400 Brown Fence & Wire com.—1 I,500 Class A preferred— —* 47,800 Brown Forman Distillery—1 10 $6 preferred......— Bruce (E L) Co .—...—* 200 Bruck SUk Mills Ltd * "T466 ""eoo 3,600 700 6,400 — m — — - 75 700 2% 2% 2% 44% Sale 72% Sale 13 Sale 14 1% 2 5,400 Buckeye Pipe Line.—.....50 25,200 Bufl Nlag & East Pow pref.25 4,500 $5 1st preferred.—... 14,100 Bunker Hill & Sullivan..2.50 2,000 Burco Inc common....... * 3,400 1,300 25,600 Cable Elec Prod Sale 75 72% "June" 12% June 28 Sale 12% Sale 26% Sale "9% Sale" 7% 8 19" ."55% 2,700 875 $3 conv preferred.... .* 6,200 Warrants.—... 20,500 Burma Corp. Amer dep rets.. 9,900 Burry Biscuit Corp 12 He 600 2% June 28 Class B-. ~6~" "l2" 46 24% 106 48 24% 106% *3% "4% 12 5 47% Sale 23% 23% "6% "7% 16~" "i§" 48 Sale 23% 95 98 93 28% 4% 18 24 45% June 26 22% June 14 94 June 26 24 June 16 23% 95 Sale 2% June 28 4 June 8 June 14 * 4 4% 4% 6% 7% 5 1 1% % 4% 5% 5 4% 5% 4% 4% June 1 % Sale 2 8 35 June 7 Feb. 9 25% Ma May 6% June 70 Apr. 15% 28% 12% 70 9 18 30% Mar. June 2 10% Jan. 45% June 23% June 4 22% June June 11 49 June 11 June 2 97 28 June 24 36% June 25 % June 8 4% June 26 6 June 5 % June % June 29 Jan. Jan. 5 38% Mar. % Jan. Jan. 5% Mar. 8 4% May 2 5 26 Feb. 23 Mar. 4 Jan. 4 May 7 % June 4 Apr. 22 Jan. 51% 25% 36% 28% June 36 Apr. 12 Jan. 16 L2 June June 94 4 36 9% Mar. Jan. 44 4% - v t c 25 85 8 4 27% 3% June 25 June 23 6% 1 2% Feb. 17 19 Feb. 25 June 8% May June 14% June 26% June 8 June 26% June 1% June 35 % June 29 Mar. 1% Jan. 19 9 13 8 8 18 Cables & Wireless- 600 9,500 2,201 V 56,000 Am dep rets A ord sh....£i Am dep rets B ord sh £1 Am dep rets pref sh—.£1 3,300 2,300 Calamba Sugar Estate Go.20 301 150 Camden Fire Ins Assn.. 100 1,000 125 3,425 Canada Cement Co common 4j 30 % 5% 31% 1% Sale % 5% 5% 29 31% 1H 1M % Ai 5% 29% 5% 26 1% June 1 % June 3 5% June 15 1% June -1 6A» June 14 5% June 15 22 16% June 23 16% June 23 25% June 23 27% June 5 June 8 100 Canadian Canners common.* 465 5,800 30,400 200 2,300 "6",700 287,800 II,500 288,700 1,400 v; 3,100 8,800 185,500 200 15,900 -"600 600 7,100 60 50 26,500 900 1,300 300 9,900 Can indus Alcohol cl A..— * B non-voting..... .* 40 Canadian Indus 7% pref.. 100 Canadian Marconi Co..——1 Capital City Products......* Carib Syndicate com ..25c Carman & Co conv A stk Class * B. Carnation Co common. . _ _ _• Carnegie Metals Co com. 630 Carolina P&L$7 pref..—* 450 $6 preferred...—.........* 248,000 Carrier Corp common—....* 87,000 Carter (J W) Co common..-.1 21,050 Casco Products........._..* 1,000 Castle (A M) & C9 10 198,300 25 Canadian Car Be Fdy Cataiin Corp of Amer.......1 26 Mar. z Feb. 16% June 23 7 Apr. 14 Apr. 29 Apr. 23 21 Feb. Feb. Jan. 1 24 40 5 Jan. 2 28% Apr. 28 5 * pref—25 100 Canadian Dredge & Dock * Canadian Hydro Elec Ltd— 2,535 6% preferred...——....100 | Jan. Jan. Feb. 19 Mar. 8 18 4 Apr. 14 31 % Feb. 1 45 Mar. 12 '/v!:. 73% Sale 7% Sale 6% 6% 1% Sale 16% 2% Sale 23% 27 > 6% 7} 32% Sale 14 76% Sale 5% 4% Sale 5 "l% Sale 16 - 20 1% Sale 24 28 5 7% 28 26% 2% Sale 6 June 22 75 Sale 4% June June 15 5 1% Sale 18% 1% Sale 24% 28 12 a V* 27% Sale 1% Sale 1 1 % June 24 20 June 9 1% June 14 Sale 46% Sale 51% Sale" 36% Sale 30% Sale 8% 27% 31% June 18 27 32 30 35 28 9 9% Sale 10 36 6% Sale 6 9% Sale 6% June 11 4% June 10 1% June June 4 1% June 1 6% June 20 9 Mar. 11 73 5% May 13 id* Apr. May Jan. m Jan. AH 24 5% June I I 26% June 7 1% June 17 87% June 3 82 32 83 44% June 17 8% June 22 June 14 June 14 5% June 17 29 14 June 8 8% Jan. 25 7% Jan. 25 61 Apr. 12 83 Jan. 5 7 June 14 Mar. 6 Mar. 6 3 5 28% June 23 2% June 8 90 June 28 June 18 Jan. 12 30 June 22 «§* June 14 27 June 14 28 5% June 17 2 51% June 30 9% June 9 31 % June 2 29 June 16 6% June 4 Jan. 15 Jan .20 May 19 1% June 17 87% June 9 4 23 Apr. 16 26 82% June May Jan. Feb. 25 Jan. 6 Jan. 20 3 82 Apr. 21 Feb. 10 Feb. 5 Mar. 12 Jan. 22 Celanese Corp of Amer— 900 7% 1st partic pref......100 Celluloid Corp com..... 15 ""966 10,050 12,100 1,920 3,875 17,400 130 34,000 225 3,450 Cent Pow Be Lt 7% pref—.100 Cent & Southwest Utll— 1,400 10 175 2,200 12,700 16,600 100 850 50 50 5,100 15% Sale preferred.............* $7 div preferred..........* * com Cent Maine Pow 7% pref..100 Cent Ohio Steel Prod—....1 310,200 Common— 50c 307,300 Central States Elec com 4,300 7% preferred.... 100 16,400 6% pref without warr..100 Con v preferred.100 1,425 Conv pref opt ser 1929—100 2,625 102,700 Centrifugal Pips Corp......* 9 100 1st Cent Hudson G & E 115 Sale 11% 8% Sale 122% Sale Sale 48% Sale 17% 18% 85 Sale "19" 87% 3% Sale Sale 15% 15% 15 15% Sale' 12% 82 Sale 82 2% 2% 2% Sale 31% 13 14% 14% 16% 1 20 11 20% 11 44% 1% 25 16 5% Sale 5% Sale "15% Sale 14% 16 12% 14 78% Sale 7 June 16 June 1 June 1 June 2 June Jan. 108 7 "13% 13 June 18 83% 82 June Sale Sale 25 1 2% June 22 June 14 1 ' 12 23 10 10% 13 10% June 29 11 14 11 4% Sale Kx June 15 > June 17 June 18 4% June 15 15% June \ June 84 I 2 2% June 5 1 % June 1 26% June.11 15 w June 2 13 June 19 11 June 18 5% June 1 14 124 June 28 23 Jan. 8 93% Jan. ill a8 Jijine 25 June 1 June 29 Jan. W' 25 1% 43 Sale June 30 124 7% June 28 9% 100 A? June 1 100 42 June 24 48% zl4% June 29 15% 115 82 18 15 June 7 Mar. 17 105% Mar. 19 57 19 96 Mar. 17 Jan. 8 Feb. 16 22% Feb. 13 91% Apr. 1 6 Jan. June 14 2 Jan. 23% June 15 52 Jan. 13 June 17 27% Jan. 14 10% June 29 33% Jan 26% Jan. 14 13 2% June 22 1 10 June 18 11 22 14 4% May 13 7 Mar. 30 June 14 18 Apr. 28 Chamberlin Metal Weather 300 400 125 300 1,500 1,100 8,100 1,375 1,200 6,300 1,550 3,550 24,970. 10,775 130,900 9,175 Strip Co.. ...—......5 Charts Corp com..........10 Cherry-Burrell Corp com...* Chesebrough Mfg....... ..25 Chicago Flexible Shaft Co..5 Chicago Rivet & Machine...' Chief Consol Mining Co—1 • Child* Co preferred— For footnotes tee page 53. H« 115% lis" "IP 78 117 63 15 Sale Sale 88 Sale 15% 1% Sale Sale 14 15 12% 13 155""115" *13% "15" 70% June 12% June 78% June 115 June 57% June 15 14 June % June Sate 70 June June 14 13% June 14 15 80* June 117% 65% 15% 1% June June Juue June 88 June 2 15 12% 71% 110% 52% 14 June 23 16! Jan. 12 82 j Jan. 5 123 Jan. 12 763 17] % May 15 70 Apr. 28 21 June 30» 923 Feb. 3 Mar. 24 Apr. 20 Mar. 5 Mar .517 Feb. 11 Apr. 17 NEW July, 1937] 43 CURB EXCHANGE TORK RANGE SINCE JAN. PRICES IN JUNE SALES AGGREGATE NEW YORK CURB EXCHANGE In Since June Jan. 1 90 175 400 4,100 , 300 400 Prwfwr rod ""1:266 4,400 400 39,150 2,900 51,900 4,000 29,300 . Sale Sale 254 Sale Sale % Sale 4654 ~4754 11 Sale 654 4 1K 1,000 850 154 ; 400 200 9,300 1,600 8 154 Sale 3354 254 Sale 3554 June 2 •154 June 14 954 454 3754 254 '3954 3754 June 23 4l 12 1354 654 154 4,600 Sale Sale llSH Sale" 110 109 1154 6054 3,700 21,300 2254 Sale Sale 6 5 9 Con Gas E L Ac P Bait com..* 88 700 900 1 com..... 75 17,253 Consol Min Ac Smelt Ltd....6 41,000 Cons Retail Stores Inc com 3.900 8% preferred...........100 8,800 Consol Royalty Oil........10 616,300 Consol Steel Corp common. 100 1,750 Goat'l G Ac E 7% pr pref 700 3.400 24,900 Continental OH of Mexico._1 112,300 Cont Roll Ac Steel Fdy com..* 100 925 Continental Secur common.* * 16,000 Cook Paint Ac Varnish Co 4,400 2,180 1,900 9,600 600 $4 preferred.. 20 "5.666 18,300 1,400 67,800 4,500 30,000 2,700 205,800 30,700 4,200 285,600 34,200 2,700 2,700 100 2.000 36,400 1,800 300 5,400 218,400 134,400 487,100 1,100 257,100 13,000 124,500 2,850 11,300 2,500 4,800 4,400 13", 600 1,300 16,100 225 4,900 1,750 300 100 J Corp Ciorroon Ac Reynolds ...1 Co Preferred.. 100 ....... Cosden Petroleum 1,732,600 Sale U254 79* 1 Sale 8 754 127 254 a 1054 Sale 8654 89 1954 20 "26"" 17 "3154 Sale' 25" Sale 454 Sale 654 7 90 38 Sale 5% preferred 1554 1554 15 2154 Sale Sale 5 Sale 66 1154 Sale 3254 Sale 354 Sale 554 Sale 8754 9054 154 Sale 2254 25 Sale .,54 74 54 7754 June 1 June 2 154 June June 14 54 Juhe 25 1454 June 25 1954 June 14 25 June 2 6 June 1 June 30 el* 154 76* June 1 Crocker Wheeler Elec Mfg..* Drug common....25c Preferred 254 54 8054 854 June June June June Crystal OU Ref Corp com...* 6% preferred 10 Cuban Tobacco • com f t c Cuneo Press com........... * 6)4% preferred......... 100 5 50c Cusl Mexicans Mining 254 Sale 954 954 87 84" 854 15"" 1654 22 20 Sale June June June 1 June June June 20 June 1654 June 854 June June 15 June 2154 Jan. 23 6154 Mar. 11 June 17 June 7",406 19,000 33,750 37,000 1,010 2,900 1,300 1,000 ""400 5,300 Detroit Mich Stove Co.. if* June 6154 Mar. June 28 25 June 20 1 254 1354 454 Sale Sale Sale Sale 9 Sale 2 1254 354 2154 13 Sale June 5 June 10 1 354 June 554 June A 454 June 17 8754 June 28 154 June 11 89 23 16* 6 5054 10654 Sale 40 50 0 154 Sale 24 June 3 454 June 30 23 June 30 1254 Sale 854 49 10 June 14 154 Sale 1254 Sale 254 Sale 1254 554 40 Sale 8 45 10454 Sale ""*54 Sale" June 3254 June 17 1254 June 17 "7" "1154 "*154 Sale" Sale" 8 "l4"" J 37 Sale ""254 Sale* 31 £1 Sale 54 Sale 1254 Sale 11 14 30 ; 28 Distilled com....* Liquors Corp.....5 "1154 "14" "1054 "14" J\meA4 June 9 454 June 30 23 June 30 154 1254 254 1954 54 554 6 40 24 June June June June June June 30 21 1 10 June 17 June 8 10 June 1 2 June 15 13 1 354 June Sale Sale 554 '1554 1654 17" "Sale" 16 Sale 1854 1354 19 1754 Sale 1754 1354 Sa^le Sale" "654 654 Sale 254 554 Sale 654 Sale 4854 52 454 3 854 Sale 555% Sale ' 200 ■ • "954 ~i5"" "9 £1 3054 3154 1254 Sale" Am dep rets ord reg 69,600 170 110 6)4% preferred........100 Douglas (W L) Shoo Co— 7% preferred...........100 1,925 17,300 Dow Chemical Co com......* 1,131 Draper Corp...............* 700 17,200 1,600 ... "Y.SOO 2,300 12,500 4,200 2,300 1,225 25,000 3,400 348,300 103,600 28,450 8,400 1,650 70,500 4,000 7,300 47,400 4,400 10,000 77,000 2,389,000 ' 4,000 v: 200 1,100 9,300 174,400 9,500 3,300 Driver Harris Co common..10 190 7% preferred ........100 1 103,200 Dubllier Cond Corp com .100 4,250 Ouke Powei Co * 1,200 Durham Hosiery cl B com 25.300 Duro-Test Corp common...1 * 50,300 Duval Texas Sulphur 20 3,500 775 Eagle Plcher Lead Co.....10 Eastern Gas Ac Fuel Assoc.. * 5 45 654 254 454 654 46 954 9 Sale 6% preferred ...100 4)4% prior preferred 100 Corp com....* $7 preferred series A * $6 preferred series B....... Easy Washing Mach class B.* 2854 Sale Sale" 1854 1154 June 30 1354 June 10 1954 June 29 27 June 21 IP June 29 654 June 9 June 8 40 Electric Bond At Share 61,000 22,800 35 34 138 129 3554 June 30 154 Feb. Jan. 7* June 4* 6 40 Jan. 11 25 Feb. 254 Jan. 3 May 13 June 29 June 15 Jan. 5 June 5054 10854 1654 54 10454 June 1154 June % June June 21 Feb. 8 82 June 16 June 14 17 June 21 1754 June 30 "254 June" i 5 354 June 17 554 June 17 46 June 22 1754 June June 1 554 June 654 June 5054 June 3 9 June II 9 June 11 2854 June 17 19 3254 3054 June 4 1 16 Feb. Jan. 87 May ri* If* June 28 Jan. June 2 Sale '2954 "3l"" "3454 "3654 "31" 68 1 70 75541 7654 154 „ 154 Sale 72 22 Sale 654 Sale 6054 62 6954 Sale 554 754 Sale 554 Sale 754 Sale 1854 6 Sale "V" Sale" 74 7254 1154 80 5 44 Sale 3854 5854 Sale 57 Sale >3 67 56 7454 12 65 ' 54 4 57 > 55 854 Sale 19" "26" 354 Sale 2254 Sale 254 Sale 108 June June 12 June 17 Jan. 13 Mar. 20 20 May 14 June 22 2554 Feb. 9 Apr. May 354 June 7654 June Sale Sale Sale Sale 8 19 2 17 Sale 1554 * 80 Sale 70 Sale 68 • 7254 Sale 5754 Sale 5754 354 554 June 7f4 June 17 1754 June 29 454 Jtine 17 June 28 5554 June 24 2354 June 10 3 June 17 38 754 il554 2054 154 Sale 1354 Sale 6754 Sale 5854 5654 2054 9 2054 June 9 6 June " 44 June 1 59 June 2354 June 10 June June June June June June June June 28 29 14 26 17 15 15 Apr. 10 4)4 2854 1754 11 11054 6 70 June June 5854 June June 28 Mar. 8 Apr. 9 Mar. 8 96 Jan. 11 4254 Jan. 23 May 7 111 JkH 79 Feb. 11 Feb. 5 Mar. Mar. 1054 Jan. 17 June 28 June 24 Apr. 17 June 17 May 11 May 11 754 June 28 954 June 1654 June 10 £1554 June 29 19 May 13 2054 June 154 June 26 254 June 17 & 50 Apr. 10 15954 Jan. 21 1754 May 18 3 19 2954 Jan. 20 4 Jan. 62 4 Feb. 1065a June 254 June 68 Apr. 154 Apr. ; 554 June 654 Jan. June 6 Feb. 1754 Feb. 11 354 May 21 11 Feb, 2 1054 Jan. 16 1054 Jan. Apr. 3I* i?K 1954 May 30 June 80 7 14 64 Jan. 129 63 67 66 Sale 554 June 854 June 4 Jan. 30 Jan. 9 Mar. 4 454 June 28 Jan. 13 5 26 12 17 854 Apr. 14 88 254 June 15 354 June 17 554 June 17 46 14 June 21 30 June June 154 8 1854 74 % 554 "654 ""754 June June June 10654 June 254 June 72 June 129 80 32 3554 ----- "354 ""354 "354 Sale" 3454 13554 8354 37 6 0 1854 Feb. 10 1554 Jan. 21 2854 Apr. 1 33 Apr. 0 June 29 15 June 29 17 0 Feb. 18 Feb. 0 Feb. 11 Feb. 26 1054 June 24 60 13 3 25 12 27 June 22 154 Mar. 8 Feb. 25 254 Jan. 12 16 Feb. 20 May 154 3 Jan. Jan. 20 30 Jun 2954 oreferred For footnotes see page 53 5 10 38 1154 June 30 1354 May 13 19 54 Jan. 2 June 17 June 29 6 2854 554 1754 $6 preferred t* Feb. 54 June 2854 Mar. 12 May 108 33 135 Edison Bros Stores new....2 ......I 10 1454 Jan. 14 1354 June 10 1 13 23 54 June 1054 June 24 73 June 9 654 June 1054 June 24 60 June 29 17 2754 454 Economy Groc Stores com..* Btsler ElectHc com 22 Feb. 23 June 10454 June 30 10454 June 30 1154 June 11 1154 June 11 1 "At June sAt June 26 2754 June 28 454 June 28 Eastern Malleable Iron Co.25 Eastern States June June 25 400 Dominion Tar Ac Chem Co..* 225 June 454 June 23 1254 June 254 June 1954 June \ 200 Dlvco-Twln Truck Co com..l Dominion Steel Ac Coal B..25 3,900 700 454 Feb. 86 154 May 1 June 21 14 June 3754 June 25 1354 June 5 % June 1 Distillers Co Ltd— 2,900 June June 23 22 Jan. 7 5254 Jan. 1854 Jan. 12 34 May 15 554 Jan. 12 754 Jan. 18 9454 Mar 16 2 454 Jan. 1 39 H Mar. 454 June 30 June 154 June 24 Mar. 10 Jan. 18 Jan. 35 Mar. 2 75 1554 7054 554 .1 Steel Products.....* Diamond Shoe Corp June 3554 Apr. 14 Detroit Paper Products.....! Detroit 1754 10254 254 2654 29 23 1,600 1,200 354 Feb. May Il54 29 73,400 Derby Oil At Ref com.......* $4 cum preferred... ..* 2,925 1 17,700 Detroit Gasket At Mfg Co 6% preferred w w ....20 10,200 31,300 Detroit Gray Iron Fdry com.5 New common... .....1 10,900 0 10 Mar. 27 Jan. 25 135 6 33 30 11,700 Dejays Stores Inc common..1 2,450 Dennison Mfg 7% pref....100 Mar1. 1054 Jan. 254 Apr. June 28 35 175 100 85 De Haviland Aircraft Ltd— 8,000 254 Mar. 15 Apr- 3 June 16 2354 Sale 270 June June June 2 1554 1954 Sale 200 June 254 June 1054 June 1054 June 17 14 100 22 Jan. 89 29 Sale Jan. June 11 2,500 llavenoort Hosiery.........* * 80,000 Dayton Rubber Mfg..... Amer dep rets ord reg June 32 Sale 8 23 Mar. 10 June , 1054 254 Sale 454 454 89 87 2 Jan. Jan. 8 Mar. 31 Jan. 8 8 11454 Feb. 454 Mar. 12 Apr. *99 June 29 100 Class A U54 UK June 64 113 154 X 7354 654 June 10 2,900 1 33 14 Mar. 18 129 254 June 89 54 1654 854 15 v 1754 Sale 1154 Sale 1054 1354 2154 2154 7,700 17 Jan. June Sale 7H ..25 ... Sale 33 13 5 Crown Cork Internet cl A if* June June 114 June I# 8 1254 Mar. 13 Croft (The) Brewing Co Crown 34 7ff Jan. 1054 June 7054 June June 18 254 Jan. 25 Jan. 14 1454 June 1454 May 1954 June 5 20 64 June 1 June 2 % Jan. 24 A June 15 Sale AH Cramp (Wm) Ac Sons Ship At Engine Bldg Corp......100 1 Crowley Milner Ac Co com...* Crown Cent Petrol Corp 1 1 4 2 £1 com 5 32 Am dep rets for ord stk ret) Creole Petroleum 6 % June 4 June 1754 Sale 400 4 6 14 8 2754 June 154 June Sale 654 *99 23 50 1 June 7454 Apr. June 17 10454 Jan. 554 June 17 1054 Jan. 29 June 14 39 Jan. 104 June 29 139 Jan. Jung 25 54 June 29 1454 June 11 114 Sale 62,200 Darby Petrol Corp.........5 4,000 154 June Jan. Mar. 62 54 June 1 154 June 1 3654 June 28 5 954 Feb. 4 854 Feb. 8 4 54 May 18 454 Feb. 8 2454 Feb. 11 Jan. Sale" 154 1654 1954 % June 22 Apr. Jan. Jan. Jan. June 21 56 5 33 June 14 June 29 110 24 Sale Sale 1 com.. 754 June 554 June 17 154 i»* 9 754 354 454 3 54 1154 1 104 Sale Sale 454 Sale com___.___l 1,050 Curtis Mfg Co (Mo) 50 154 1754 Sale 87 S6 Conv pref A.......... tCosden Oil 950 50 75,900 '9854 "99"" *1254 Sale' Copper Range Co......... 2,600 35,700 2,900 8,900 "254 "3"" Copperweld Steel com.....10 I lord June Sale Sale 954 7054 125 $3 prior preferred........* Courtaulds Ltd 400 8154 Sale 9> Sale _.* .... Cooper Bessemer Corp com..* 100 "2",300 8954 Warrants 1.700 \ Sale 5% preferred A.........100 Consol Gas Util 69 14 June 17 32 2654 Sale 154 154 15 Sale 1354 1454 24 Sale 6 Feb. 62 Sale 61 4 Jan. June 4 June 21 June 14 June 5 June 9 29 Sale Jan. 654 454 4 54 1454 6354 June 1154 June 21 63 Sale 754 Sale 54 Sale 54 Sale 154 1H 7954 Feb. 15 54 Feb. 454 Feb. 40 Apr. 354 Mar. 2 1054 Jan. 25 4854 Jan. 12 1554 Apr. 7 9 Apr. 2 254 Mar. 10 June 23 5854 June 18 1254 Sale 104" Sale" Feb. Jan. 4 91 54 9 54 1 Consol Copper Mines 100 654 June 2 154 June 17 7. IX 554 June 28 454 June 29 com new- Commonwealth Edison... 100 888,200 44,600 40 June 15 8 6 4 10 13 13 16 Jan. 76 4 Jan. 13 8 58 May 1354 June 5 654 June 10 154 June 1 June 24 Sale Sale Sale 654 Sale 33 Sale 1 3 June 25 754 June 29 Sale 69 June June 51 4 Sale June 25 754 June 29 Apr. 30 3554 June 2 June 23 554 454 Sal® 51 June June 25 June 9 42 454 Sale 1354 Sale 6054 Sale 18 54 June 43 53 "654 Sale 62 100 54 38 40 3754 Sale 42 46 lfl Jan. 554 Jan. 60 June 26 June 23 June 26 45" "41" 6 38 49 June June 38 33 13 454 June 40 854 Sale 554 Jan. 39 June 48 June 26 354 June 23 AX Jtv* 254 June 17 June 26 354 June 23 354 June 254 June 17 35 3554 36 254 Sale 100 Consol Cigar Corp warrants. 76 J 00 Highest Sale Prices "354 Sale" 'fe 1,100 Lowest Sale Prices "354 ~~354 Warrants 464,500 8,600 Commonwealths Distrlbut..l 5,500 Community P Ac L 1st pref..* Community Public Service— Stk tr ctfs for com.......25 6,850 21,800 Community Water Serv .....1 7,100 Compo Shoe Machinery..... 1 V t c ext to 1946 8,200 228,600 Consolidated Aircraft com.. 1 1 28,700 Consolidated Biscuit Co 900 Highest Sale Prices 39 4054 Commonwealth Ac Sou Corp— 31,900 Lowest Ask 4 Colt's Patent Fire Arms Mfg25 900 Columbia Pictures Sale 54 Club Aluminum Utensil com * 5% Conv preferred 39,775 592,100 Columbia Oil Ac Gas com 400 4854 49 Columbia Gas Ac Elec Corp— 675 33,200 5 454 • 800 Cockshutt Plow Co Ltd 2,100 Cohn & Rosenberger com..* 842,200 Colon Development Co Ltd.. 25,300 5% Income stock A £1 64,200 6% convertible preferred£l 106,400 Colorado Fuel & Iron warr— 24,400 1,900 1,800 7,300 2,200 Sale . 46 .... 20,800 Sale 48 * Preferred B —....—* 920 Preferred BB * 3,800 Cities 8erv Pr Ac Lt ft prof--* *7 preferred. 3,760 ......* 94,500 City Auto Stamping Co * 2,200 City & Suburban Homes... 10 1 4,000 Clark Controller Co 1 390,500 Claude Neon Lights com 2,700 Clayton & Lambert Mfg Co..* 9,450 Cleveland Elec Ilium com...* * 68,800 Cleveland Tractor com 5,700 Clinchfleld Coal com—..100 1,300 • Par Cities Service common......* 103.700 9,900 7,100 , STOCKS (Continued) 1,854,900 113,500 ;' Ask Bid Bid 3 Sale Prices June 30 June 1 1937 Shares Shares . Price Jan. 2 1354 June 17 6754 June 15 5654 June 15 9 1 13 2754 Feb. 23 1054 Jan. 19 71 80 Jan. Jan. 18 18 2654 654 8254 8254 1354 Feb. Jan. Jan. Jan. Jan. 25 5 15 18 23 Jan. 24 Mar. 18 11 8 454 Jan. 2854 Jan. 8754 Jan. 21 13 28 Feb. 10 80 44 NEW YORK CURB EXCHANGE sales aggregate PRICES IN JUNE NEW YORK CURB EXCHANGE Since In June Shares Shares Jan. 2 Par 9,400 Electric Power Associate* 1 25,100 Class A ...1 6,070 Electric Pow Ac Lt 2d pf A * 15,000 Option warrants...... 39,400 Electric Shareholdings com.l 4,825 $6 Conv pref with warr • 1,100 1,300 600 1,400 2,100 476 Bid Ask 9% 7% 8, 12 % 5j| 7,600 $4 participating pref.....* 7,900 Etectrographlc Corp com...! 900 15,300 Electrol Inc v t c 1 3,650 Eltfln National Watch Co..15 225 ; 5 96% 97% 1Q 18% - 375 125 1,100 2,100 54,600 68 June 11 13% June 17 6% June 11 2% June 30 77 June 7 14 15% 13% June 17 13 15% 3% Sale 56 6% preferred 100 6%% preferred 100 Empire Pow Corp part stk..* Emsco Derrick Ac Equip Co.5 10c 50 Option warrants 75% Sale 69% Sale '< 900 Flat Amer dep rets... Ford Motor Co, Ltd, Amer dep rcts..Ord reg fl 81,100 6,400 7,000 Ford of France Am dep rets.. 6,000 Fox (Peter) Brewing Co 5 28,400 Franklin Rayon Corp com._l 100 900 1,700 4,200 1,750 Froedtert Grain & Malting Common 28,200 Conv pref 132,500 7,5001 1,000 2,000 ....15 .... 100 Gamewell Co $6 900 217,500 cony 200 4,900 1,200 12,400 98,700 17,700 ,v 150 American dep receipts £1 * com $6 conv pref ser B Gen Investment Co com 19 1 22 Sale 7 8 Sale Sale 20 22% 12% 23^ 13% 38% 40 General '"% 112"" U3% Rayon A stock Sale 25% 104,500 1,000 1,000 • ... Gladding McBean & Co 11,400 1,900 Glen Alden Coal Co. . ..._• 25,500 344,200 27,525 38,700 2,775 10,430 12,150 107,000 375 1,670 1,400 8,700 1 27 ,;o June 29 13 June 29 16% June 5 13 June 29 «1* June 29 June 11 31% Feb. 16 19% Mar. 11 2% Jan. 28 13% "14" 1% Sale 32% 37 34 1% Sale 1 8% 14 9 20% Sale 12% 38% Sale 13% Sale % Sale 71% Sale 111% Sale 13% Sale Sale 23 Sale 23 26% 18% V t c June 1 1 June 3 June"l6 '21 June 1 6% June 2 9% June 8 4 9% 9% 20% Sale 12 12% 40 13 12 June 23 233 203 19% * * agreement extended.* 16 common stock * m June 30 June Sale Sale 24 10 10% 18 Sale 17 Sale 17% Sale 3% 20% 21 18% Sale 19% 10 32,300 New 25c common 20,860 Guardian Investors common 1 283,800 25 Gulf Oil Corp 225 Gulf States Utll 56 pref 250 55.50 preferred 25 11 June 14 June June 75 June 25 37 June 44% June 25 1 23% June 21% June June 14 6% June 1 2 % June 16 2% June 16 9% June 14 xllH June 3 10 June 29 11% June 2 2 June 21 19% June 24 17% June 18 1% Sale 81% 89% 32 3 1% June 8 22% 50% 52% 19% Sale 1% 1% 16% Sale 48 Sale 27% Sale 161"" Sale" 10% 35 11% 37% 1% 15% 1% 16 40 48% 21% Sale r'/U Sale 34 35 10% 9% 41 133 403 39 44 14 11 42 2054 June i32 June 98 June 20% June 14 18% June 25 2,700 49,000 4,200 200 Hall fC M) Haloid Co "llJi Sale" 40 42% 29% 27 Sale 29 June 4 5 19% June 24 Jan. 1% 83 Jan. June June 5 June 10 5% 5% 33% Sale 26% Sale 3% Sale 13% Sale 20 20% 114% Sale" 37% 38% 9% Sale 6 6% 38% 36 z24% 2% 13% 17% 122% Sale Sale Sale Sale Sale 85 Sale ~ • 40 42 14 Sale 5 4% Sale % Sale 58% Sale . Sale % 55 M Sale 4 % June 6 June 11 June 7 June 23 18 76 11% June 24 37%. June 30 40% June 21 Sale 9% June 29 38 June 23 June June June June June June 33% Sale 11% 41 % 24 June 10 27% 95 June 15 100 % June 14 % 6 June 4 6% 33% June 30 36 June 25 24% June June 39% Sale 25 27% 5 6 25% 2% Sale 13 13% 8% 9 121% Sale 83% Sale 38% 39 15% Sale 26 2% 14% 17% 123% 1% June 13% June 8% June June iP 39 4% 5 % Sale 53% Sale 5% 23 _6% 24% 4% 19% 72 4% Sale 19% Feb. June it 8% Jan. 37% June m Feb. Feb. Feb. 51 June June June Feb. 2i 39% Feb. 107 1% June 12% Jan. 8% June 120% May 83% June 37% May 8% Jan. 4% Jan. 18% Jan. 22% Jan. 128 Feb. 117% Jan. 47 Apr. 16% Apr. 1 3 June 42 June 11 June 30 June 1 June 8 55% June 1 75"""June 29 4% Jan. June 1 % Feb. 2 Jan. 1 Apr. 1: J* 4 June 22 50 1: Feb. June 30 June 9 June : Feb. Jan. 27 % Jan. June ' 1 15 21% Mar. 90 2 Jan. 7 1 1 Mar. 1 38 June 1 Jan. 11% Apr. 1 36% Apr. 2 % Apr. 2 % Apr. V Feb. Feb. Feb. % Jan. 5% Feb. 33% Jan. 14 4 20 28 5 5 14 6 23 6 Jan. 25 1% Jan. 12 63% Jan. 25 90 June29 13 15 107 June 95 %8 June 22 June 14 75" 11% 4% 16% 34 Feb. 2 Jan. 1 Jan. June 2 Jan. 10% June 38 24 4% June 29 50 8 '32 June 100 9% June June 13% June June 18% Jan. 28 9% --g— "13" "14% a* 5 3 23 Feb. 11 23% Feb. 13 96% 100% 3% 22% 51% 38% 1% June June Mar. 6% Feb. 100 Apr. May 73 8 7 Jan. June 1 10 19 64% Jan. 2 Mar. June 18 June - 8 June 35 June 16 June 10% 72 9% 11% 37% Sale June 102% June 21 % June % Sale • Lamp Co......^.# Jan. Jan. 17% June 18 June 21 10% June 4 26% Apr. 29 8% Feb. 4 2% Jan. 7 5% Jan. 22 9 May 5 *11% June 3 8% Jan. 27 14% Feb. 16 75 3 1% 16% 49% 27% June Feb. 29% Feb. 11 31% Jan. 23 70 "I 4 75 34 75% Sale ,9 65 June 36% May 21% June 25% Jan. 14% Jan. June 48 26 11% May 17 May 4 1% June 2 85 June 15 332 June 1 1% June 15% June Jan. 17 June 15 June 4 101 '16% ~n% 1S4 82% Jan. 12 114% Mar. 3 Mar. 17 92 Mar. 8 89 2Y& 0 24 13% June 26 4 18% June 85 32 1 Feb. 13% June % Mar. 19% ...» 325 Gypsum Lime & Alabastine.* 15% Mar. 20 May 47% Feb. 65% May 109% June 10% Jan. 75 % Sale 95 3 June June 3% June 22 Sale 2 20 June 56 85 100 Feb. 12 June 3% Sale 45% Mar. 11 27% Mar. 10 35 June 17 9 1% Feb. 4 3% Feb. 23 17% Feb. 20 71 11% June 13 47% Feb. 24 112 70 6% Sale 3% 2% Feb. 8% Feb. 11% Mar. Jan. June 69 Grocery Stores Prod- i June 19% Apr. 12% Jan. 109% June Sale Sale 18 4 8 74 May 40 13% June % June 112 13 1% Sale 83 Gt Atl Ac Pac Tea 1st pref.100 Great Northern Paper Co. .25 Greenfield Tap Ac Die com..* % June 15 % Jan. a 21% Jan. 18% Jan. 20% June 4 14% June 2 12% June 16 June 40% 21% 20% 8% 2 12% June 18 35 16 % Sale 70% Sale 12 8% June 14 20 % June 12 11% 111 June 25 Sale 6% Sale 2% 3% 10% Sale 11 11% 1 Grand National Films Inc..l Grand Rapids Varnish Corp • Gray Tel Pay Station com.. 10 Non-voting 7 June 23 40 1 June 18% Sale 4 18% June 40 27 Sale 4 19 2 36 June 11 ' 30 Sale 21 1% June 29 % June 15 ...* Gorham Mfg Co— 4,300 25,400 1,700 9,900 1,900 1,100 35,700 57 preferred 306,800 Goldfield Consol Mines.. 14,800 Gorham Inc class A com 2,350 S3 preferred 450 June 45% June 30 * .......... 660 June 30 June 29 72% Feb. 13 40 30 % 16,870 Godchaux Sugars class A...* 56,910 Class B * 90 June 29 11% Sale 7% Sale 2% 2% 10% 9% 10 10 60 77 81 9 June 30 June 30 42 22] 233 Apr. June 30 6 June 29 Warrants . 13",000 June 23 Feb. Feb. 10 Mar. 29 Mar. 3 Jan. 19 Mar. 4 Feb. 19 40 70 11% Sale 1 6,850 Georgia Power $6 pre ......* 25,335 Gilbert (A C) Co com.._....* 2,540 Preferred. * 100 23 12 400 1,200 170 31 53 % June 22% 17% 5% 40% 40 27 % Sale 1% Sale % Sale 700 Gen Water Gas & Elec com._l $3 preferred * A, V 3 June 30 45 Sale .* 49,600 General Telephone Corp...20 5,200 53 conv preferred 202,200 Gen Tire & Rubber com 25 98,700 Right 8 1,880 6% preferred A. .A AlOO 100 850 700 June Sale 40 48% . 100 300 32 Sale 36 ... 10 June 23 pref...* 2,500 $6 Preferred.. 36,100 Warrants....... 1,500 Gen Outdoor Adv 6% pref.lOft 1,180 General Pub Serv |6 pref...* 3,700 June 26 40 46*2 Gen Gas & Elec— 200 2 40 17% 18# 2% Sale General Alloys Co • General Elec Co of Great Brit 50,200 Gen Fireprooflng 16,500 1 52% 15 2 1 ....... 11,950 2,100 June 8 56% June 8 50% June 10 51% June 10 Sale Sale Sale .... 212,200 Fldello Brewery .........1 1,950 Fire Assoc of Phlla 10 1,240 First Nat Stores 7% 1st pf.100 302,300 Fisk Rubber Corp common.. 1 8,105 Preferred 100 19,850 Florida Power Ac Lt S7 pref..* 214,800 Ford Motor of Canada cl A..* 3,095 Class B ♦ 27 14] 31 11% Jan. 13 9% Jan. 13 Jan. 7 14 Jan. 12 7% Jan. 14 98% Jan. 22 80 50 46 46% 30 ...... 52,500 Ealrchlld Aviation com 1 63,400 Falstaff Brewing 1 16,450 Fanny Farmer Candy com__l 15,300 Fansteel Metallurgical Corp* 7,400 Fedders Mfg Co common....5 5,100 Rights 65,600 Ferro Enamel Corp com 1 Jan. June 26 40 45% Sale 300 275 6% June 11 2% June 30 May 18 31 51 ... 2,000 7,000 7% June 30 3% June 7 June 17 2 2% Sale 40 700 120 45 32*" "45" 1,100 200 5% June 4 5% June 16 June 26 85 53 9,600 9,500 8,400 1 83 7% 2%. Sale 82 8 4% 80 35"" "45"" 51,800 100 7 9 June Sale 46% 519,000 Evan* Wallower Lead...... 26,350 7% preferred ..100 201,400 Ex-Cell-O Aircraft Ac Tool..3 7,900 5% June 57 15 European Elec Co of Can— "5,806 5 % June June 17 Empire G Ac F 7% pref....100 8% preferred .....100 Equity Corp common 800 Eureka Pipe Line *5",loo 5% June 5% June 1 45 Empire Dlst Elec 6% pref. 100 250 1,600 10,800 Highest Sale Prices 5% 300 750 Lowest Sale Prices Sale 13,450 5,150 1 4,900 1,100 5,850 24,000 511,000 """850 Highest Sale Prices 6% 5 55 Sale 6% 3% 78 < 5 6 5 57 Lowest Sale Prices Ask Ask Bid , 5% 10 Electric Shovel Coal Co— 6,300 Bid Sale Sale Sale 76 % June 30 June 1 1937 STOCKS (Continued) RANGE SINCE JAN. 1 Price Jan. 1 Apr. 8 95 Jan. 75 June 29 90 Feb*. 26 9 17% Apr.' 5 14% Jan. 4% June 12 17% June 7 4% June 18 June 5 8 Handley Page Ltd— 4 4% June 12 17% Apr. 12 7% Jan. 25 24 Jan. 7 10% Jan. 28 70 22 400 Am dep rets part pref....8s 525 Hartford Electric Light 25 32,800 Hartman Tobacco common. 10 75 2,000 3,300 1,300 900 2,500 300 14,600 2,600 1,300 700 250 1,200 500 850 1,100 5,700 400 """l50 675 49,200 21,600 16,400 29,400 4,700 378,500 16,000 5,100 2,800 5,000 2,100 9,500 3,750 5,300 64,700 14,800 2,000 100 200 250 7,230 , 810 3,600 300 1 Corp of Am cl B com.._l Corp ...* H axel tine Hearn Dept Stores common 6% preferred 14 16 15% Heller (W E) & Co common..2 10% 16 14% 47% .5 7% cum pref w w 25 Hewitt Rubber Corp com...5 Heyden Chemical Co.. ...10 Sale 7% Sale 8% 9% 39% "11" * Horn Ar Hardart 5% preferred com 42 8 26"" Sale 11% 13% 14 20% Sale 8% 10 56% 1% 20 7% Sale Sale Sale Sale 15 15% 14 13% 50 46% 16% Sale 7% 7% 9 7% 9 7% 11% 24% 9% 56 10 57 1% June 17 1% June 29 2 ii 13 47% 15% 6% 7% June June 30 June June '12% Sale 39 39% "23"" "28" Sale 24 7 M. 5 15 16 48 17% June 7% June 8 % June 20 Sale """% ""!% 1 Sale 15% 20 8% 9% 5% Sale y June 5 May 17 June 17 June 11 June 11 May 26 Mar. 25 39% June 21 June 1 15% June 1 40% June 14 9 23 June 4 45 24 >W June 4 26 *10% June 25 20 June 2 June 22 June 1 11% June 8 22% June 24 June June 25% June 2 26 15 7% 4* 16% May 22 June 4 35 Apr. 15% 33% 11% 19% 22% 41% Jan. 28 Jan. Feb. Jan. Mar. 29 18 June 25 Jan. 4 2 10 June 8 June 26 112 22 % June 16% June June 12 1% June 12 7 16% June 26 "8"" 9 June June 22 Jan. 13 28 10 7 June 24 42 June 17 87 Jan. 25 Feb. 23 Feb. 9 Jan. 12 23 Mar. 4 Feb. 6 2 June 26 May 13 Feb. June 3% June 43% June 17 ilH June 21 106 Apr. 9 June 9 29% June 79% June 10 Sale 1!" Jan. Apr. 26 June 8 llH 5 35% Feb. 18% Feb. 2 June Sale 19 11 15 Feb. 23 Feb. 23 25% Mar. 11 Apr. 20 Apr. 5 6 10% Jan. 28% Jan. 11 15 June 22 15% 16 Jan. 16" "June 72 % June 30 June 21 Jan. 3% Apr. 10 Apr. June 31 77 1% 20 8 9% 3% Sale 1 1 4 21% 76 19 16% 17% Sale o Sale 21 June 9 June 14 June 10 102 77% Sale 11 June 30 June 10 9% ......100 29 Jan. 11% June 11 15% June 2 17 7% June 3 June 23 1 12% June 30 May 27 June 29 June June 11 June 11 2 June 23 June 16 32 32% Sale 78 Sale 10 June 25 2% June 15 43 Sale • 7% pref unstamped....100 53. 6 23 15% Sale 40 Sale Hires (Chas E) class A com..* Holt (H) & Co class A 50 Sale Hoe (R) & Co class A 10 Hollinger Consol G M 5 Holophane Co Inc common.* aW Sale Jan. Sale 14% 15% 19% Sale see page 18 3 50 2,500 Hydro-Elec Secur com....__* 39,200 Hygrade Food Prod.. ......5 5,750 Hygrade Sylvanla Corp.-...* For footnotes 68% 1% 66% 1% 2% Hecla Mining Co 25c Helena Rubenstein Inc new.* Class A * 290,700 Hud Bay Mln Ac Smelt.___..* 118,800 Humble OH & Refining » 5,900 Hussman-Llgonier Co... * 13,238 JHuyler's of Del com ...I 6,170 7% preferred stamped..!00 100 """200 Hat 300 Horder's Inc * 250 Hormel (Geo A) & Co com...* 90 18,600 11,100 Harvard Brewing Co 57 26 2 27% Feb. 26 Apr. 3 8 June 28 13 1 3% June 47% June 12 June 29 5% Jan. 21 53% Mar. 6 June 26 Feb. 20 July, 1937] AGGREGATE YOBK SALES Since PRICES IN JUNE Shares 6,100 3,600 6,200 650 25 900 15,200 1,200 T.ioo 700 60 .. RANGE SINCE JAN. 1 NEW TORE CURB EXCHANGE Jan. 1 , CUBE EXCHANGE 190 250 300 2,100 1,000 625 '3,050 400 4,100 4,800 1,300 100 June 30 Lowest Highest Sale Prices 6% June 14 24% June 17 7% June 17 2 11 2 June Sale Prices 633 June 14 24% June 17 7% June 17 23 June 25 27% June 16 23 June 25 June 26 52 June 26 52 June 26 9 June 10 8 % June 11 20 8% June 11 June 25 20 % June 28 21% June 7 20 21 2 20% Apr. 29 37% June 21 183-3 June 29 37% June 8 11% June 3 213i June 10 19 June 19 36% Mar. 17 7% Jan. 2 18% June 29 22 91?* June 28 93 11% May 3 33% May 3 13 33 May 4 32 Apr. 30 62% Jan. 30 9% Mar. 24% Mar. 19 June 14 10 June 28 2 June 17 1 % June 22 %sJune 11 9 64% 2233 2% 26% % June 14 June 7 June 2 June 15 June 30 June 1 300 800 5% June'29 3033 June Highest Sale Prices 52 13 June 29 33 >3 June 14 34 June 22 16,200 Lowest Sale Prices 8 33 June 7 11 June 29 June 1 29 June 18 15% June 14 1% June 15 %8 June 28 June 2 4% June 21 35% June 29 6% June % June 1933 June 11% June % June JliriA 11 22 30 21 4 June 23 June 4 2% June 4 2% June 17 1 June 1 13% June 24 67 June 22 23% June 24 3 31 June 7 June 4 % June 11 13 June 29 35% June 34% June 633 June 5 4 1 14% June 9 %, June 12 1 June 18 16% June 22 1% June 1 %6JUne 28 % June 28 5% June 14 37 June 4 9 June 1 % June 7 2133 June 15 12% June 11 1 ft June 18 % June Jan. 8 24 Mar. 15 Mar. 44% Jan. 15 2 June 17 1% June 22 % June 11 9 June 64% 22% 2% 2533 % June June Apr. Apr. Jan. 13 May 33% June 34 June 5% June LOO Jan. 11 % % 15% 1% June June May June June Jan. 14 7 Jan. 2% Feb. 22% Feb. % Jan. 2 29 28 12 25 14 Feb. Feb. Jan. Jan. Mar. 3933 Mar. 22 38 29 28% 4% 44 2% 18% 29 29 20 14 15 Mar. 3 28 29 19 3 1 3% Feb. 11 % Jan. 7% Mar. 42% 24% % 27% 18% 2% % Mar. Jan. Jan. Feb. Jan. Feb. Jan. June 29 18% Feb. 6 June 17 14 Jan. 76% June 8 66 8 Jan.. 75 June 17 June 28 89 82 94% June 2 5% June 25 85 7 2 6 15 27 JA Feb. 13 13 June 13 1 21% Feb. 11 9 .02 4 14 Mar. 31 7 % June June 16 15% May 17 %» June 12 1% Feb. 26 7 12 7 8% Apr. 19 8 103 33 Jan. 26 4% June 21 34% Jan. 7 6% June 11 %s Jan. 2 1933 June 30 11% June 21 % Jan. % 4 Ut 4% Jan. 4% Jan. 74 2 2 2 8 Mar. 17 Jan. 20 36 June 19 39% Jan. 91% May 27 105 Jan. 8 16% June 10 June 25 96 % Jan. June 15 100 Jan. 4% June 17 9%*Jan. 90% Jan. 5 126% Mar. 25% Apr. 2 30 Jan. 2 8 13 29 11 11 1 30 15 8 6 7 7 23 9 8 NEW 46 In NEW YORK CURB Since June Price ^ EXCHANGE Jan. 2 Jan. 1 75 Middle States Sale' 2 Sale Highest Sale Prices Sale Prices 8% Sale 3 15 Sale 12% Sale 1% Sale 7% Sale 16 11% June 14 -AH 4% Sale 1 9 ...... Sale 7% 3 6 8 , 100 175 1.200 2.500 2.000 . 1.200 100 790 900 175 50 "r.ooo 200 12,000 7,000 100 50 800 300 18,900 600 1,700 200 400 6,100 4,000 700 700 24 Sale Sale 4 "~3H Sale 40% 42% June 2 3 1 7L, 83 2% 3 10% Sale 3 3% 36 2% Nachman 13 % Sale 10% 12% Sale 20 25 3% "4.700 11.500 3.200 200 1.300 "2", loo 4,500 400 300 30 400 200 1,200 1,000 Springfllled Corp.* 1 41,200 Natcon Corp * 23,500 Nat Automatlve Fibres A 1 12,500 National Baking Co com ....1 385,500 Nat Bellas Hess com 8,220 Nat'l Bond Ac Share Corp...* 100 Nat Brewers 7% pref ...25 100 National Candy Co com....* 1 1,700 National City Lines com 200 $3 conv preferred.. 50 400 National Container (Del) 1 86,800 National Fuel Gas ...* 180,000 National Leather Co com..10 14,200 Nat Manufacture Ac Stores..* 11,700 National Oil Products......4 96 preferred ....... 17,700 2,400 National Refining common 25 .._* 199,950 Nat Rubber Mach com 203,500 National Service C0........I Conv partic preferred ..* 27,200 * 600 National Steel Car Ltd 32,300 National Sugar Refg * 1,300 National Tea Co 5% % pref. 10 12.50 21,400 National Transit 159,900 National Union Radio com.. 1 —* 8,400 Navarro Oil Co ... 6,800 Nebel (Oscar) Co com 110 Nebraska Power 7% pref 100 25.200 Nehl Corp com............* 230 1st preferred............ 1,675 Nelsner Bros 7% conv pref 100 5 15,100 Nelson (Herman) Corp 13,200 Neptune Meter class A......* 6,600 Nestle Le Mur Co class A.. * Nevada Calif Elec com...100 150 1,990 300 7% preferred ..... 100 5 6,300 New Bradford Oil 800 New England Pow Assn com. * 50 250 2,850 470 , "WOO 4,400 1,200 3,200 """360 """800 2.000 . 26,400 69.300 35,200 40.100 3,700 4,200 1,500 6,525 10.200 com...* 35 New Mexico Ac Arls Land 1 New Haven Clock Co Corp....10 * Y Auction Co common...* New Process Co common.. N 240 "32" "34* 14,300 43 173 290 31,900 850 ""Too *4:666 400 5,300 50 20 Sale 3% 12 40,740 Niles-Bement-Pond com....* 92,800 Nlpisslng Mines .......1 1 62,900 Noma Elec Corp com 3,600 7,150 2,600 1,700 150 .1 190,400 Nor Amer Lt Ac Pow com 96 preferred ..* 27,120 66,300 North Amer Rayon cl A....* Class B common..........* 23,200 Prior preferred..........50 620 300 &5/* 21 22% 400 210 75 1,000 8,600 500 400 2,500 1,625 250 1,600 630 ' 10 ""366 Sale Jan. 98 Jan. Mar. 118 Feb. 3 16% Feb. 18 IV* Apr. 6 8% 22 2 33 June 43 June 16 Sale 139% 19% Sale June 9 June June 5 14 Jan. 11 Jan. 27 44 Mar. 11 k Apr. Feb. 10 5 Jan. 28 June 13 5% June 5 June V* May 20 26% "28"" 10% 1% Sale 52 55% Sale 56 June June 97% Mar. 30 138 ll* 27 16% 12% 30% 13% June 17 10% June 23 1 % June 28 55 June June 20 Mar. 31 June 2 12 3 Feb. Jan. Feb. May 3% Jan. 59 Mar. 41 Feb. 7 11 Mar. 22 June 17 6% Apr. 28 1% June 28 June June 16 17% 18 Sale 15 15 June 29 June 1 Sale 43% 46 12% Sale 14% 15% 43 June 29 June 1 43 "8% "*8% IB . Sale June 29 June 5 12% June 29 14% June 14 June % June 14 34% Sale % Sale 7% 8% 39 41% 37% 40 7% June 14 39 June 15 88% Sale 65 58 64 64 June 12 68 June 12% Sale % Sale 13% 11% 12 11% June 17 4 % June 14 1 June 29 16 June 29 44 12% 19% 2% 13% 47 12% June 29 14% June 14 % June 14 7% Apr. 28 33% Jan. 11 June 1% Sale 8% 9 3% 52 3% 56 27% Sale 9% Sale 10% 10% 1% Sale 70 Sale" % Sale 4% Sale ""3% ""5" 49 June 19 5 53 June 25 June 28 June 14 2 June 1 June 14 22 June 5 21 10% June 28 Sale 1 June 17 June 17 June 17 52" "56% 46% "50% 50% June 14 , Jan. 9j 123. 3% 283 23 7 June 15 103 37 57% Jan. June 10% Sale 1% Sale 23 Mar. 15 9 20 Sale 1 Apr. Mar. 16 June 4 52 1 1 June 29 Jan. 25 Jan. 1 Feb. 7 Feb. 10 % June 5 3 7 3 June June 91% Jan. 18 14 May 15 4 24% June 17 46 "10% "11% 20% June . 24% Sale 45% 49 24% Sale 2 4 June 25 41% June 21 11 26 16 24 21 9 10% May 23 14% 44% 14% 16% June 11 27 1 June June 56 2 51 1% Jan. 41 Feb. June 11 15 Sale 5 5 Feb. 4 155% Feb. 28% Jan. 29 Apr. 97% Mar. June 24 16% June 11 11% June 15 18 8 184 8 Apr. 1 139% June 30 3 18% June 14 21% June 138 9 Jan. May 10 Feb. 16 Apr. 5 Jan. 7 112' 59^ 51% June 16 11 5 7 Feb. 25 Mar. 18 r.If 80% Apr. Mar. 8 9 116 % 16% 2 14 17 Sale 14% 1% 11 16 13 15 12 1% 1% 13% 12% 1% June 3 June 23 1% June 21 mm , 5% 21 6 27% June 12 70 19% Sale "4% "4% 13 12 13 June 17 5% June 15 25% June 5 75% June 5 13 14 June 3 June 16 1% June 21 14 75 70 . 6% June 25 25% June 5 79 29 June 10 43 253 75 22 Sale "4% Sale" 130 25% 5>? Sale 28 6 "29% "30% 19 Sale 78 Sale 2% Sale 104 Sale 30% 3% 10% 35 4% 15 29 30 13% 13% 21 Sale 73 Sale 2% Sale 94 Sale 31 18 72 June '44% "Bo"' 7% Sale 111% Sale 4% 4% 35% Sale June 92 6% 8% 28% June 12% June 97% June 29% June June 109% June 7% June Jig 1 27 Sale % Sale 1% 1% 11% Sale 11% 47% Sale 55 Sale 41% Sale 42 49 11% 49%Saie" 2% 2% 7% Sale June June June 29 Jan. 25 29 3% Apr. 14 May 28% June 12% June 97% June 106 3 1% June 19 10% June 15 34 15% Mar. 1 31% 2 May 14 9 Apr. June 5 May 2 % June 3 June 14 8 May 14 May 14 51% 2% 5% % 80 % 90% June June June 105 June Sale June Sale June June June June June June June 03% June 10% June 21% June 2' 27 June June 58 Sale 108% Sale" Sale 57 Sale 97% 97 109 110 104 Sale Sale" 13% 14 12% 14 June 5 3 2 Jan, 13 Jan. 8 7% 110 50% 50% 51% 13% 55% June 29 63 June 25 99 97 i8g 108 w 3?H 13% June 12 21 Jan. 23 Feb. 11 Jan. 22 May 6 Feb. 8 23 Jan. Feb. Mar. Jan. 106 102 I6l May 10 111% Jan. Jan. June 24 112 101 June 12% June 12 10 30 35% Jan. 43 % Jan. 4 67 97 June 25 110 June June June Jan. Jan. 3 3 109% June June 102% June 24 110 June 101 June 25 101 108 Apr. 14 Apr. 14 Jan. 33% June 17 f* 3 10 3% Feb. 11% Jan. June 25 June 32% Feb. 16^ Feb. 56 9 10 18 10 1 2 2 1 23 1 "29~" 2 Feb. 24 Feb. 3 3 % June 3 June 10 June 9 June 1 3 Apr. 44 43 % June Feb. 98 56 June % 32% 15 Feb. May 26 Apr. 28 June 25 June 6 25 30 14 June 11 100 94 Feb. 9 56 41 5 16 Jan. 23 65 3 16% Feb. 8 June 103% 106 10 10% 21% Sale June 45% June 1 2% June 28 ""2% 3% 6% June 21 8 Mar. June June 6 12% Mar. m Feb. 1 % June 43 4 Jan. 28 June 12 78 Feb. 1 115 Sale Feb. 17 June 6 Mar. 10 'If5* Apr. 7 Jan. 5 1S5* Mar. 31 28 12% June 3 96% June 24 June 25 6 Mar. 8 Mar. 4 30% Feb. 13 94% Mar. 10 Jan. 5 5 June 11 VL Mar. 14 105% June 23 115% Mar. 31 June 9% June 10 *4~June"2 June 14 92 75 June 12% 3 9% June 14 81% June 11 June 21 24 June 108 June 17 Mar. 24 2 Sale 50 40% 39% H Sale 107% 107% 109% Sale June 2% June 30 June 19 52 2% 5% 28% Sale 35 36 18 4% June 35% June 12% June 87 June 4% June 96 3% Sale 7,300 $ Northern Tex El 6% pref. 100 • 30,800 North west Engineering. 16,100 Novadel Agene Corp........* 15 Apr. 16 73%June 12 3% Sale 65 Sale Sale 12 Jan. 89% 6% June 5 35 May 17 88 6 140% May 8 June 19 111% June 110 Sale 2% Sale 11% Sale 37 June"l4 3% June 15 23% Jan. Jan. 72 26 m-U04% 12% Sale 86 2% Sale 6% Sale 8 1 June *4 June 35 3% V-A'l 8% 10% 28% 29% 13 14 106 8% Sale June 30 June 4 June 2% June 19*4 Feb. 10 19*1 Jan. 21 2*1 Jan. 14 June 17 10% Apr. 22 June June 23 125 1 6% pref..100 * 8,725 Ohio Brass class B .* 2,175 Ohio Edison 96 preferred ..100 13,500 Ohio Oil 6% pref 2,100 Ohio Power 6% preferred. 100 320 Ohio Pub Serv 7% 1st pref 100 200 6% 1st pref .....100 5 2,900 Oilatocks Ltd common 37 44 June 9 4% June 30 2 12% June 6% June May 28 4% Feb. 11 Jan. 19 17 Feb. 3 157 June June 30 7 14 25 June 134% June 29 May 31% June 42% Mar. 180% Mar. June 12 June 30 Mar. May 44 7% preferred 100 175 Northern N Y Utll 7% pfd.100 20,200 Northern Pipe Line.......10 100 75,120 Nor States Power com A 53* 5 43 11% June 3 30 3 17 21 12% Sale 30% Sale North European Oil com Fmr footnotes see page June Feb. 25 June - North Cent Texas OU......5 Nor Ind Pub Ser June Mar. 33% May 88 May 7 10% June 10 24 4% June 14 9% June 21 5% June 17 Sale 6 Sale 55 9,200 Nor Amer Utll Sec com.....* 7,800 572,200 2,320 1,180 June 3 3% 10% Sale 6% Sale June 9 Jan. 2 Mar. 31 90 4% Jan. 20 14% Mar. 13 Jan. 80 June 10 24 May 195 3% 4 2 100 115% 116 16,145 N Y Teleo 6%% pref 4% 5% 5 2,900 New York Transit.... 52 Sale 3,125 N Y Water Serv 6% pref_.100 296,800 Niagara Hud Pow com new. 10 10,225 5% 1st pref ...... 100 150 5% 2d pref A 100 225 5%|2d preferred.. 100 800 5% 2d pref B 100 Class A warrants new..... 78,300 Class B warrants new 7,500 91.028 Niagara Share Corp class B 5 "13% Sale" Class A preferred 325 100 15,140 5,100 7,900 1,200 17,800 6% June 15 1 43 N Y 300 7% June 11 31% June 15 34 Sale 30% * 7% preferred .....100 Shipbuilding Co Founders shares.........! 1,140 800 2,475 17 Feb. 16 10% May 13 .... Hond Rosarlo M—..10 N Y Merchandise Co com.. 10 N Y 770 N Y Pr Ac Lt 96 pref 70 Feb. 2 2 June 13% Sale 18% New Jersey Zinc NYC Omnibus warrants 4% May 19 % June 16 7 1 3% June v 4 June 26 7% June 26 3 jJune 17 139% June 136% Sale New Entfl Tel Ac Tel Co—100 Newmont Mining 14 13 June 22 .....100 6% preferred.. Jan. June 17 £13 June 14 3% 650 1.300 Jan. 40 8% June 17 25 3% 3% Sale 136 ll% 12 Feb. 1 June 1 18 4 10 Mar. n; is] 8 Feb. 1 June 14 June 17 29 12 Jan. June 11 3% June 5 10% June 22 3 % June 9 June 29 Sale 8% Sale 23, Nat Power At Light— 2,600 Jan. 26 20% June 1 June 29 38% , 1,800 June 3 37% Sale June 10 Jan. May 28 6% May 14 1% June 6% June 15 7 17% 22 73% 75 2% Sale 9% 9% 20% Sale 5 14 106 43 33 June 1% June 29 2%. Jan. 14 11% June 14 2 114 9% 9% 223,500 Molybdenum Corp 1 1,800 Monarch Mach Tool Co com." *3% "4 11,200 Monroe Loan Society cl A..* 16 18% 1,100 Montana Dakota Utllities-.IG 5.890 Montgomery Ward Ac Co A..* 152% Sale 8,100 Montreal Lt Ht Ac Pow com. 37% Sale 1,875 Moody's Investors Part pref.* 44 45 ..... • 325 Moore Corp Ltd 40 7% A pref .........100 175 6% 6% 49,600 Moore (Tom) Distillery Co..l 900 Mtge Bank of Col Am Shs_. 19,800 Mountain City Copper Co..5c 6% Sale 105,100 Mountain Producers Corp. 10 100 Mountain States Pow com..* 280 Mountain Sts Tel 8c Tel..100 10,000 Murray Ohio Mfg Co.......* 150 Muskogee Co common * 10 6% preferred... ..100 100 3,700 1,700 72 ....— 400 14,700 1,000 1,900 22 % 5.000 92 non-cum dlv shares....* 3,895 Mid rale Co 50c 37,700 Mid-West Abrasive Co 10 23,800 Mid-West Oil Co 74,300 Mining Corp of Can........" * 6,950 Minnesota Min Ac Mfg Co 50 Minnesota P Ac L 7% pref.100 100 V 770 Miss River Power pref 23,810 Mock Judson Voehringer2.50 8 7% June Sale Midland Oil Corp— June Midland Steel Product— • June 11 June 23 June 1 June 23 June 1 June 1 June 1 4% June 14 % June 16 Sale 5g Sale* 1% June 29 8 95 95% 2% 2% 9% 12% 1% 7% June 14 June 1 2 Sale Sale Sale Sale 1 1% 5% 6% 2% 1% 8% 12% 2% Sale Sale 3% 3 Petroleum— ctfs 12 con* pref Lowest Sale Prices 95 Class B rot trust ctfs 3,950 600 Highest Sale Prices Ask Ask Bid Bid * Class A rot trust 62.000 57,400 i Ask Co— $6 preferred Mexico>Ohlo OH Co • 27,000 227,400 Michigan Bumper Corp.... 173,900 Michigan Gas Ac Oil Corp.. 2.50 16,300 Mich Steel Tube Prod 84.100 Michigan Sugar com.......* Preferred 10 5,700 1.800 10.000 4.700 1,200 7.000 400 2.900 8.700 Bid Pat STOCKS (Continued) Metropolitan Edison 425 Lowest June 30 June 1 1937 Shares Shares RANGE SINCE JAN. 1 PRICES IN JUNE SALES AGGREGATE A. EXCHANGE CURB YORK June 25 92 12 111%'Feb. 10 18 3 8 15 4 9 Apr. 28 104% Feb. 24 14% Feb. 9 June 12 July, 1937] AGGREGATE NEW YORK CURB EXCHANGE Shares Since 9,300 1,550 9,500 100 Oliver United Filters B ; 600 46,750 3,700 2,600 600 50 1,500 "2",900 ""150 1,100 85* 6% let pref—25 5J*% 1st preferred 25 Pacific Ltd Corp $6 pref... * 520 Pacific P 3c L 7% pref 100 13,400 Pacific Public Service......* 275 155,500 faclfic G «c E Sale Ask Bid Bid 13 u 28 2 Ask 12 Sale 29 Sale 275* Sale 97 1015* 3 35* 1005* 107 3% Sale Lowest Highest Sale Prices 12 June 15 27 Lowest Highest Sale Prices Sale Prices Sale Prices 135* June June 18 29 June 29 101 June 29 4 98 •3 , \ 1 June 4 June 11 June 11 * 9,700 Overseas Securities Co 5,000 13 5* Sale 315* Sale 55* June 30 June 1 Ask Par Bid 68,700 Oklahoma Nut Gaa com 15 12,000 $3 preferred ..........50 1,275 6% preferred.........-100 105,200 Oldetyme Distillers 1 150 850 (Continued) 1st preferred— 2,000 35,250 Pacific Tin special stock—„• 25 Page-Hershey Tubes com—* 47,100 Pan Amer Airways com....10 1,096,500 Pantepec Oil of Venezuela „.l ' 6,800 Paramount Motors Corp 1 2,125 Parker Pen Co 10 1,100 Parkersburg Rig & Reel Co.l 610 Patchogue Plymouth Mills..* 317a 28 h 9 Sale 28 h Sale 106 Sale 265* Sale 84 29 262 295* Sale *68" Sale 64 June 2 425* 385* 95* Sale 55* " Sale 45* June 55* June 622 June" 15 395* 42 1 3 68 "632 "642 445* 63 11 4 43h Sale June June 55* 20 " 265* June 28 295* June 1 June 8 265* June 17 27 1045* June 2 1055* June 17 42 21 5* 60 "l June 385* June 28 21 55* "75*" 6 205* 40 24 85* Sale 75* June 30 65 6 23 82 sa56 5 Sale 35* June 14 6j* June 17 85* June 23 45* 23 275* Sale 150 2,650 Pender (D) Grocery cl A * 14,000 Class B —* 3,950 Peninsula Telep Co com— 240 7% preferred ...... 100 100 " 60 3,425 26",400 June 25 255* June 28 33 36 31 8 285* "§5* 65* Sale 26 75* Sale 255*. "454 ""52 4 5* 4 33 85* 285* Sale 35* 2,000 500 , *2",166 1,200 400 Vi'i 500 255* June 18 275* June 30 com ..." * 675 Phlla Elec $5 div preferred.-• 500 Phila El Pow 8% pref 25 21,800 Phillips Packing Co ...* 192,400 Phoenix Securities common " 14,300 Philadelphia Co 7 26 June 1.000 9,300 700 8,000 59,100 13,700 135,000 59,200 1,800 600 11,100 4,100 1 Pines Wlnterfront Co Pioneer Gold Mines Ltd... Pitney Bowes Postage Meter* 425 Pitts Bessemer & L E RR 225 4,600 iii" Sale 89 176 90 915* '332 *35 Sale 10,220 Pitts Ac Lake Erie RR 1,700 34,400 4,600 12,300 50 Pitts Metallurgical Co Pittsburgh Plate Glass 10 25 Pleasant Valley Wine C0....I Plough, Inc.... ......* 400 Pneumatic Scale Corp.....10 56,200 Potrero Sugar com..........5 109,200 Powdrell Ac Alexander com..5 3,200 Power Corp of Can com.....* "3", 600 2,600 200 400 com 10,100 Pratt Ac Lambert...........* 130,000 Premier Gold Mining. ..1 7,100 78 25* 200 5,900 223,900 4,600 3,000 38,900 Pressed Metals of Amer.....* Producers fPropper Mill* Co 110 315* June 48,600 Prosperity Co B common...* 3,775 Providence Gas Co.........* 32.400 Prudential Investors com...* 1,300 $4 preferred.. ........* 875 1,200 250 11 June 5 June 4 65 37 1 June 11 70 70 230 ~ 840 47»0l 85* $4 preferred 10 5* 65* 250 * 50 650 Com $60 par stock.....60 6% preferred..........100 25 125 7% - 400 370 6% prior lien pref.. 7% prior lien pref.... 100 100 205* Sale 3 35* 55* Sale Sale 8 36 255* if Sale 245* June 23 78 June 28 127 325* June 88 Sale 92 155* 1265* Sale 125" 1272 1$ l!** 285* "182 I 115* 295* 345* 3554 45* Sale "33" "342 Sale Sale g U» 12 5* Sale 100 104 85* June 12 1 June 2 June 14 June 23 23 June 17 40 17 June 15 June 7 95* 375* 255* 2 5* June 11 June 3 June 30 June 10 June 1 8 June 4 75* June 415* June June 121 215* 175* 34 Sale 25* 185* 15* June 28 85* June 30 185* June 29 30 25 32 j* 15* 25* 85* Sale 32 31 254 2 5* June 28 2 June 19 2 5* June 1 2 95* June June 9 335* June 25* June 4 1 22 27- 30 Sale 30 21] Sale 5* Sale 135* Sale 12H Sale* 285* June 11 5* June 19 5* June 15 12 85* June 25 105* June 29 105* 115* 1015* 103 5* June 9 June 13'5* June 9 95* June 14 105* 115* 102 985* 102 11 June 23 102 June 98 June 28 101 June 17 108 June 28 8 June 23 106 20 76 76 87 Sale 80 121 Sale 109 Sale 490 4% preferred...........100 1095* Sale 140 152 135 140 128 950 250 300 16,300 700 2,400 5,200 27,800 45,800 34.400 5,200 23* 178,600 4,900 Common * ... $3 conv pref..............* Raytheon Mfg. com... 50c Red Bank Oil Co * Reed Roller Bit Co new.....* Reeves (Daniel) com..._....* Reiter Foster Oil Corp Reliance EI & Eng Co.... 85* 245* Sale 265* Sale 1,700 95* 175* 100 400 12,600 19.500 Roosevelt Field Inc 8,700 101,300 3,300 31,600 275 13,150 4,100 221,900 300 350 800 3,200 "1366 200 9,500 2,100 150 1,800 1,400 . 25 33,900 400 4,300 10 2,000 $1.20 conv preferred.....20 Rossla Internet Corp ......* Royallte OU Co Ltd • Royal Typewriter com......* Rus8eks Fifth Ave Inc_..2.50 Rustless Iron & Steel Corp..l conv 19 Safety Car Heating k Ltg 25 Sale 41H Sale Sale 4 105* Sale 335* 34 7H 7H 39 48 5* 5 5 5* Sale 2 Sale 12 5* Sale 5 2 Sale 40 55* 135* Sale 35 55* 1 2 335* Sale common June June 7 17 June 28 1145* May 17 May 10 155* June 15 Feb. 6 15* June 28 85* June 30 185* June 29 31 June 28 June 2 19 June 115* Mar. Mar. 335* Feb. 35* Feb. 65* Jan. 95* Jan. 425* Apr. 275* Feb. 1165* Mar. 165* June 1475* Feb. 25* Jan. 19 Apr. 8 Feb. 45* Jan. 125* Feb. 40 41 June 14 195* June 17 765* May 28 77 May 25 112 92 2 June 15* May 24 Jan. 23 8 Jan. 28 109 June 175* June 11 175* June 11 17 21 3 June June 22 13 14 325* Sale June 28 June 22 June 30 June 14 25 23 June 22 June 22 45* 5 15* Sale June 30 Jan. JW Sale 45* Sale Feb. Mar, Jan. Jan. Jan. Feb. 15 Jan. 93 Feb. 5* 5* W V* Sal 6 * Sale Feb. 45* Jan. 12 605* Jan. 15 905* Jan. 8 25 Apr. 6 145* Feb. 26 4 41 4 Jan. Jan. 27 10 Jan. 15 32 June 28 June 14 15* June 2 1 23 5* June 5 June 2 June 17 135* 135* H 12H 13* 5* 115* 135* 135* Sale "lh Sale' 115* 135* 115* Sale 495* 55* Sale 35* 4 45 Sale Sale ■ 111 % "92 Sale n* ug 31 Sale * 34 7H Sale * '32 35* 35* Sale June 28 June 3 June ii 125* June 17 June June 18 June June 29 June 35* June 18 June 5 June 5* June June 60 3 June 17 7 3 7 115* June 5* June 29 40 Apr. 15 Jan. 7 June 17 June 28 June 17 Feb. 3 Jan, 2 Jan. 5 Jan. 21 Mar. 1 June 11 26 25* Jan. June 5 June Apr. 6 Jan. 19 Mar. 23 Jan. 22 Mar. 2 June 30 141 111 Apr. 6 5* Jan. 27 155* Apr. 6 385* Apr. 6 115* Apr. 6 97 June 10 1175* Jan. 25 65* May 22 55* May 14 Feb. 10 58 May 18 69 3 Apr. 3 45* Jan. 25 Apr. 20 95* Jan. 5 275* Jan. 18 75* June 29 June June 5 June June June 20 16 Mar. 17 Feb. 9 Feb. 25 35* June 18 June 29 55* June Feb. 5 . June 21 13: 18 73 14 1043 22 Apr. 19 Mar. 1 Jan. 1 June 75* June 5« febhl 9 June 35 22 3 May 25 June 111 June June June June June May Mar. 9 Feb. 1 Mar. 23 14 June 30 225* 45* 15* 85* 45* Mar, 53 i 14 June IXi June 1 9 49 71 171 46 i 8] 1! 325* 2 55* May 27 17 105* June 28 465* June 14 97 "55* Sale" 19 15 91"" "95"" 102"" l04'" 1095* Sale" 166 """June 122 Sale" June 12 June 6 15* Jan. 2 Jan. 5* June 29 Feb. 26 5* Jan. 11 32 Jan. 4 £385* Mar. 17 245* Jan. 25* June 16 5 June 3 115* June 7 5* June 29 4 15 7 25 98 13 5* Sale 18 / 185* 28 685* Jan. 23 41 Mar. 3 98 Jan. 18 285* Jan. June 30 17 1 June 17 26 10 11 14 25 8 15 1 45* June 18 5 2 Feb. 13 355* Feb. 13 % Jan. 25 1 1245* Jan. Jan. £1255*Apr. 28 150 175* May 13 255* Jan. June 55* June 8 145* June 15 35 June 1 6 30 45* Jan. June 485* June 15* June; 1 95* June 12 55* June 10 June Sale 9 5* June 14 5* June 14 39 9 6 3 5 8 June 17 June 14 4 11. 21 4 103 11 - 4 17 7 5 8 26 45* June 18 21 8 1175* Apr. 635* June 29 June 35 46 1 5 22 June 10 1195* Mar. 1175* Apr. 9 June 29 2 2 23 45 June 28 105 June 17 109 98 106 39 8 * June 14 15 335* Feb. 11 h 5* Mar. 12 June 15 175* 85* June 25 115* 105* June 29 145* 99 May 18 103 June June 30 Jan. 1005* Apr. 10 1065* Jan. 27 15* June 34 Apr. 21 Feb. 1 85* June 12 20 12 1 1125* June 10 June 12 138 June 17 109 Sale 1 5 35* June 21 75* June 15 705* June 95* June 18 65* 235* Sale 4 5* Sale ! 15* Sale § 5 35 45 Sale 5 Sale 100 Samson United Corp com 85 Sanford Mills Co 30,400 Savoy Oil Co June 30 130 18 Sale Sale * 5 26 Sale*"4 2 A $2 conv pref..........50 7% preferred 92 7 37 % May 13 St Anthony Gold Mining...1 St Lawrence Corp Ltd......* St Regis Paper Co 11 133 175* pref....._.....* 117,600 Ryan Consol Petroleum .* 83,600 Ryerson & Haynes Inc com.l 3,100 90,100 10,800 1,550 849,400 5,075 7,900 105* 6 Root Petroleum Co com....l $2.50 105$ I 5* 600 Rochester G&E 6% pref. 100 Rolls-Royce Ltd— 100 Am dep rets ord reg £1 500 4 635* June 29 17 * 5 26,800 Reybarn Co.. Inc ........1 74,900 Reynolds Invest com .......1 26,400 Rice Stix Dry Goods Co.....* 1 96,800 Richmond Radiator com 4 20 8 5* 5,175 Railway & Light Securities 3,700 Rys & Utll Invest cl A com._l 40,700 Rainbow Luminous Prod A.* Class B common..........* 61,200 29,675 5,250 June 10 7 1175* June 15* June 15 30 .A... 200 Rath Packing Co .....10 Raymond Concrete Pile— 1,800 2,200 1,900 10 1005* June 14 1015* June Quaker Oats com...........* * June 92 Sale 3.210 5", 100 June 10 112 1175* June 485* Sale June 445* June 23 235* June 24' 75 75 70 70 80 112 103 14 195* June 17 780 7,000 June 39 7 Jan. 2 195* Jan. 25* June 29 May 21 28 May 14 5* May 28 June 1 June 29 19 June 7 45* Mar. 13 95 Feb. 3 6 355* Apr. 27 12 14 15* June 25 June 1 Mar. 6 Jan. 15 Jan. Jan. 9H 31 17 16 11 6 Mar. 10 3 1165* Feb. 2 June 22 34 Mar. 31 June 25 155* Feb. 9 42 425* Sale 83 83 June 21 865* June 26 15 1285* June 1 15* June 15 55* June 15 75* June 24 m June 40 17 20 June June 26 1015* June June 28 165* June June 80* 72 June 28 151 315* Mar, 11 6 25* Sale 95* 10 5* Sale 13 95* 7 125* 15* Sale 16 109 7 June 30 _ Fat footnote* see page 53, .viV' 'Cii 0^^' •7 v Hi 7-:7r'v: ;7?7 y J"-.V/•.)?:>. ;v: 'M: Wi : K,;;. :'-;v7 . ,, , ,y v. -u:-. v ■ 3 17 17 13 1 4 179 June 23 73 5 9 3 25* June 29 35* June 21 Sale Jan. 11 Mar. 30 4 June 75* 750 Pyle National Co common..5 400 June 5 425* May 13 175* May 27 112 May 27 113 June June 365* 25* Sale June 11 3 1115* June 22 34 June 25 105* Sale 19 15 123 $5 preferred............. 8,700 Quebec Power Co......... 33 June 34 June Sale 101 895* 7 June 21 Sale 41 "192 Sale 1 Sale 40,600 200 June 3 Sale 38 j* Sale Sale 1*560 180 65 14 125* May 27 305* 1095* May 8 110 55* Apr. 28 85* 35* June 16 55* 98 10 11H $7 part preferred 1,850 ......* 31,405 Puget Sound P Ac L $4 pf * Mfg...............10 Jan. 1 June 24 300 2,175 500 Pyrene 7 26 June 95* Public Utll Securities— 9,395 Feb. Feb. Mar. Apr. Feb. Mar. 12 73 Public Service of Oklahoma 10 70 Feb. 82 89 162 109 34 100 preferred 53 9 3 Sale 65* 38 5* 37 ......... Service of Nor III June 43 10 June 14 5 Jan. 14 Jan.2 Feb. 19 Jan. 18 June 30 305* June 16 June June 16 179 22 Apr. 23 255* June Apr. June 10 June 10 89 13 Mar .111 55* Mar. 45* Feb. 125* June 31 7% 1st preferred.......100 Public Serv of Ind pr pref..* 1,350 Public Jan. 85* Jan. 89 245* Jan. Apr. 23 94 Sale 6% 1st preferred.......100 110 8,650 6,975 June 59 9 Public Service of Colorado— '■0,: 65 Jan. Apr. 28 105* Feb. 1 325* Feb. 15 295* Feb. 2 1075* Jan. 28 5 Apr. 215* May 38 May 1015* Apr. 3 111 — ...... 265* June 265* Mar. May June 75* uii'wi "ii"? Sale" Corp 1 McCallum Hosiery * com 6 10 103 125* June Sale 735* Sale Sale 200 Prentice-Hall Inc..........* 14,800 85* June 4 275* June 26 3 1095* June 3 35* June 16 172 4 76 120 32 5* 125* 93" Sale" Sale 3 50 153,200 Pittsburgh Forglngs Co....* 1,320 1,700 4,400 1,000 1.100 • Conv preferred A........10 Pierce Governor Co com....* 9 June 1 1095* June Sale 34 14 June - 175 June 29 Apr. 28 v 75* June 30 83 115* 16 5* 15 500 Pharls Tire & Rubber Co—1 1,200 50 30j* June 16 65 33 3,200 Pa Gas 4k Rlec class A-.... 1,220 Pa Pow & Lt $6 pref........* 9,180 $7 preferred .......* 3,975 Pennsylvania Salt Mfg.....50 2.50 2,200 Penn Trafic Co 14,100 Pa Water Ac Power 14,450 Pepperell Mfg Co........-1W 2,900 Perfect Circle com.........* 140 ^1';. 40 200 Penn Cent LkPS5 pref... 800 $2.80 preferred.......... 200 100 ■ 36 Pennroad Corp com rtc_. ...1 50 98 3 29 Penn Mex Fuel common.....1 •472,400 95* Apr. 29 145* Jan. 12 May 3 32 Jan. 16 Apr. 27 106 " Feb. 9 26 10 '12 ""9" ""72 Sale" . 400 1 Jan. 2 1937 stocks ANGE SINCE JAN. Price Jan. 1 Shares 47 PRICES IN JUNE SALES In June ; CURB EXCHANGE YORK NEW % NEW 48 Price YORK NEW Jan. 2 CURB EXCHANGE In Since June Jan. 1 Far Bid 37 • STOCKS {Continued) 11,100 Schlff Co com 1,900 Ask 4,100 50 950 175 100 17,400 9.200 50 9,600 500 3,150 6,950 3,100 800 20,300 11,600 2,900 3,500 40 25 300 4,900 200 Water Serv v.. 41,000 1,953 Singer Mfg 9,100 89,800 20,600 17,200 12,200 1,830 7,300 390 500 10 2 6 6 Sale 97 97 Sale s 10 2X June 17 44)4 May 6 154 June 17 554 June 26 22 May 19 Jan. Jan. June 1 June 23 JX 26 June 2 800 1,400 700 2,800 900 850 8,800 1,000 5,700 200 18,400 2,300 200 3,100 16,700 700 2,100 50 5,600 """400 "3",400 175 150 4,000 2.700 9,300 450 700 200 6,700 1,900 800 21,700 400 19,400 v June 11 28 X Mar. 91 June 29 01X Mar. 94 June 104 June 7 94 June 25 04 X 8)4 3)4 16)4 26)4 June 2 June 11 June 17 June 29 June 2 1)4 X 8)4 3)4 15)4 25 X Jan. Apr. May June Apr. 254 Feb. 23 1)4 Jan. 26 12)4 Mar, 13 9? 94)4 1654 27 17)4 Sale 54 June 14 June June 3 )4 3)4 Sale 297 fJune 18 Sale 25)4 1)4 6)4 26)4 2454 6)4 454 "28k 253 28)4 m 28 2754 25)4 454 5x Sale 155 9H 43 1* 5 654 3)4 Sale 10)4 Sale 44)4 Sale 26)4 30 June June ..10 preferred Standard Dredging com. Conv preferred : 8,250 Stand Invest $5)4 pref w \ 86,100 Standard Oil (Kentucky) Sale 1954 Sale Sale 105)4 Sale Sale 6754 Sale 191,625 Taggart Corp mm 18 1854 110 103 9)4 Sale "*525 3,100 1,400 200 650 80 200 1,400 9.200 9,200 6,600 100 9,900 3,600 800 300 100 2,600 V 21 35 Jan. Jan. 15 2 28 June June 10 5)4 June 72 45 June June 9 .—- 8)4 5 June 1 4)4 June 21 8)4 June 14 3554 June 19 12 Jt June 22 Sale 9)4 6)4 Sale 17)4 Sale 4)4 Sale 45 42 20)4 Sale 20 X Sale June 11 18 20 ..... 9)4 Sale 8)4 June 14 6 June 11 4)4 June 14 854 8)4 6X 6)4 4)4 Sale 16 June 29 1 )4 June 23 1754 4 22)4 June 25 X June 30 lis 13 1 13 Sale 113)4 Sale 12 Sale 37)4 38)4 2 Tastyeast Inc class A new.. 1 Taylor Distilling Co 1 Sale Sale Sale Technicolor Inc common...* Teck Hughea 11X Sale 35)4 36)4 1 1)4 354 Sale 26)4 Sale 5 Sale 101 "554 Sale 14 14)4 9)4 June 4 OX June 15 5)4 June 2 18)4 June 4 2)4 June 30 8 7 61X Sale 3 354 17)4 2X 1,7 3._ 71k 69 8 June June )4 June 21 3)4 June 9 June 14 454 June 24 Sale 1 154 4)4 Sale 1154 Sale Sale 11 Sale Sale Sale 11)4 Sale Sale 25 75 4 9)4 61)4 June 1 3 June 15 63 17)4 June 254 June 65 Sale 72 Sale June 17 93)4 June 99 June X June )4 June 4 9 9 29 17 June 28 10 X June 22 in "June 3)4 June 23 ,;;'v Jan. 154 June June 20 X June 14 72 June 29 10)4 3)4 June 17 3)4 June 2 June Feb. 1954 4)4 50 22 X 2 8 2 7 15 Mar. 11 Jan. 25 Jan. 23 Mar. 3 22 X Feb. 46 Apr. 8 7 17 Feb. 11 16 X June 30 1654 Feb. 4 3X June 9 3 8 54 Feb. 16 31 *[May)20 41 6)4 Feb. 454 June 24 61 May 17 77 X Jan. 4 112 Jan. 101 May June 30 25 43X Jan. 12 X Jan. 8 Apr. 55 Apr. 3 Apr. 2 10 8 2 754 Jan. 26 73 Mar. 9 1854 Mar. 10 Jan. 12 10} 29 66 Jan. 26 4 Jan. 25 5* 9 18 X Jan. 9 3 Fe i.'26 9 17)4 June 2)4 June 2 51 June 1 Feb. 18 93)4 June 29 105 Mar. 18 99 June 26 115 )4i Jan. 25 X Jan. 16 2 Feb. 26 X June 17 5)4 Feb. 26 4 June 28 5 13)4 Apr. 10 X June 22 3 Jan. 22 154 June 8 9)4 Mar. 4 8 May 27 99 1* I2U June 3 June June IK June June June 75 June 6)4 June 10 June 25 354 June 10 3 )4 June 2)4 June Jan. 4 1554 Jan. 4 Jan. 4 4)4 June 14 954 June 19 60 354 May 14 3)4 June " 2 112 103 53 Mar. 254 June 70 June 17)4 June 10 8 3)4 Sale 3)4 354 2)4 254 9)4 4)4 Feb. Feb. Jan. 14 2)4 Jan. 11 554 Mar. 12 5 26 10254 June 15 June 15 15 4)4 June 14 954 June 19 5 6)4 Sale 10 10)4 354 3)4 IX 8 June June 25 June 7 5 66 X 1 4)4 Sale 10 X Sale 23 70 9)4 June 17 33 X June 29 X June 21 2 j&i 154 10 8 Mar. 4 Feb. 26 June 29 154 May 15 22 X June 25 16 3 3 1 14)4 June f Sale 2 1 1X 354 29)4 5)4 12)4 June 18 101 17)4 62 Feb. 23 27 June June 36 June 15 10454 June 6 June June 30 61 June June 30 3)4 Sale m June 30 Mar. 2 Feb. 1 Feb. 5 Jan. 5 Mar. 17 Jan. II54 June 8 16)4 June 10 15} 1 116} Mar. 15 Feb. 11 Feb. 27 4)4 Jan. 6 15 June 2 25 Sale 99 June 9)4 June 17 33)4 June 29 5 7 8 8)4 June 15 June 52 13)4 ; 1 4 May 354 May 18 28 40)4 June 17 X June 28 June 17 16 44 Apr. 27 11 Apr. 29 4 98 Jan. Sale 12)4 Jan. 28 Mar. 30 36 X June 30 454 Sale 1 7 % Feb. 25 19)4 May 14 5)4 Sale 52 June 17 14 Feb. 25 18 June Sale Sale 4)4 June 23 5 June 113)4 June 34)4 7)4 Jan. 6954 Jan. 2 54" June 14 10)4 Sale 3 16 40)4 June 28 17)4 June 28 16 June 17 Sale 29 June June 14 Sale 116)4 Sale 45 Mar. 11 9 10554 Jan. 21 June 17 7)4 Jan. 13 June 1 354 June 17 1454 33 2 17 5 7 14 June 17 17)4 June 20 18)4 40)4 44 17)4 Sale 17 22 5 16)4 Feb. 15 25 4)4 June 21 10 9 93 93 Feb. 27 I§)i"june"24 1754 May 15 20)4 107 Feb. 1 10/ 8 May 20 1354 "9)4 "June"23 3954 37 June 1 35 Apr, 30 13 June 9 10 Jan. 2 1554 June 11 1354 Apr. Jan. 9 23 23 Apr. 29 June 24 2 5)4 June 19 18)4 June 17 14 Jan. 3 June 36 14)4 June 14 4 19 June 5 )4 June 7 Jan. June 16 33 June 29 2 22)4 May 27 Apr. 554 Jan. 21 May 63X Jan. 2054 Mar. 102} 2} June 3 19)4 June 3 X June 17 June June 23 1 Mar. Apr. 9)4 June 22 36 54# June 19 28 18 11 13 4 June 7 June 4 June 22 June 1 2)4 June 7 June 28 Mar. 22 8 11)4 37)4 103)4 3)4 June 36 14)4 June Jan. Jan. 15 Jan. June 48 42 June 29 19 33 2 21 7)4 Mar. 13 5)4 Feb. 20 11X Apr. 17 20 June 15} 41} 18 103 Jan. June 102)4 June 2)4 June 4 19 L60 4454 June 1954 June 9)4 June 14 May 17)4 June 22 41X June 24 19)4 June 17 454 Sale 9 3 June June Jan. 41X Jan. 8)4 Feb. 28 Mar. X June 54 May 854 Feb. 3X Feb. X May 54 June 18 7 Mar. 15 254 Jan. 19 854 Feb. 15 2954 Mar. 10 Jan. 6 Jan. 4 854 Mar. 25 42 Apr. 8 27 June 9 9 27 Jan. 7 5 2 354 June 10)4 June 21 3 2954 Mar. 30 83 June 23 Sale 4)4 5 19)4 16)4 103 June 30 954 June LOO June 72 155 June 16 June 17 4 & Sale 19 Sale 5)4 Sale 9 8 22 40 16 Sale 30 June 6)4 June 22 2 2 June 19 June 15 June 3 June 29 June 9 Feb. 654 Apr. 21 Jan. Jan. June Apr. Apr. June June 36 May 4)4 May June 3 2 Sale 18^4 554 Jan. June 29 Sale pref. 100 25 30,000 Ulen Ac Co 7)4% pref 5% preferred..........—25 8,400 10 30,000 Unexcelled Mfg Co Inc. 170 Union Elec of Mo 7% pref.100 20 6% preferred...........100 Jan. 1 2054 454 1X 5)4 2654 24 54 * com 14 3)4 June 5 7)4 Feb. 15 2 Apr. 16 370 Jan. 2 7 295 June X June Sale 28)4 43 * Tampa Electric Co.....«...* For footnotes see page 28 X Apr. 20 2)4 Sale 20)4 22)4 54 Sale 17)4 20 .............. 600 Mar. June 24 June 16 3)4 254 9)4 6)4 4)4 400 Toledo Edison 4% pref..100 380 7% preferred A. 100 65,200 Tonopah Belmont Develop..1 35,800 Tonopah Mining of Nev 121,900 Trans-Lux Pict Screen com.l ..10 43,500 Trans western Oil Co 69,760 Tri-Contlnental Corp Warr.. 600 Trunz Pork Stores Inc..... Tubize Chatillon Corp— Common 181,300 Class A.... .........1 32,550 1 82,500 Tung Sol Lamp Wks com 80-cent dlv pref..........* 28,000 110 Sale 3 36 37 10 Gold Mines.. 900 Tenn Ei Pow 7% 1st pref..l00 73)4 Sale Sale 1,040 Texas P & L 7% pref 100 112 6 6)4 2 58,700 Texon Oil Ac Land Co. 32,150 Thew Shovel Coal Co com. 12)4 Sale 62,150 Tilo Roofing Inc .1 954 10)4 6,500 Tlshman Realty Ac Constr. 1,675 TobaccoAc Allied Stocks....* '"3)4 ""3)4 * 36,600 Tobacco Prod Exports.. Tobacco Secur Trust Co Ltd Am dep rets ord reg shs..£l 18)4 21 2,000 Am dep rets def reg......As 900 3)4 4)4 51 52)4 Todd Shipyards Corp.......* II,500 3,000 1,075 1,300 June 108 June 9*""june 10 103 254 Sale 5)4 Sale ..1 5)j% conv preferred.... .50 Sunshine Mining Co—... 10c Swiss-American Elec """320 34 10354 26 Co common. III 5,100 13,900 54,400 143,100 412,160 80,400 Sale «12,X w Sale 10054 102 (John B) Co com. (Hugo) Corp..... —5 Stroock (S) & Co Inc—. ._» II* tStutx Motor Car Co Sullivan Machinery Co... 9,300 „50 118 1 8 98 X June 15 19)4 Sale Stlnnes 1,350 „ 44)4 Sale 1954 Sale 9)4 12 —1 —1 24 Sale 454 Stetson """500 - 5,500 1,300 1,900 5.900 63,700 6,900 4 54 .... -1 23 21)4 22 X 9,100 Standard Oil (Nebraska)...25 76,700 Standard Oil (Ohio) com. .35 1,425 5% pref .—.100 417,500 Standard Power Ac Lt com..l Class B common.. .....* 29,800 Preferred * 3,400 38,700 Standard Products C0......I 692,300 Standard Silver Lead ..1 16,500 Standard Steel Spring Co..* .1 7,300 Standard Tube class B Standard Wholesale Phos¬ 1,300 phate & Acid Works.__—20 116,800 Starrett (The) Corp v t c. .1 50 Steel Co of Can Ltd ord.....* I,800 Stein (A) Ac Co com • 20 6 H% preferred........ 100 64,600 Sterchl Bros Stores Inc.....* 1st preferred 2,610 .........50 4,400 2d preferred........ 20 Superior Port Cem B com. $3.30 class A part Swan-Finch Oil Corp 850 2 June 15 June 30 155 5H 254 z9)4 42 X 27 if 1 Conv .... 22 June June 6 7 8 Xe 54 9)4 Sale 254 4)4 X 54 19 21 21 22)4 4)4 Sale 9°a 4)4 Standard Cap & Seal com ...1 Sunray Drug Sunray Oil 6)4 Jan. 28 X Feb. 23 Apr. June 15 18 14 29 29 19 155 5)4 6)4 254 3 9)4 Sale 42 43 24 29 % 5)4 June June June June June June 5 72 6K 6)4 Sale 28} 454 IX x6X 2654 2454 36)4 Sale Sale Sale 2654 25)4 5 5)4 Sale 154 Sale Spencer Chain Stores— Stahl-Meyer Inc com Standard Brewing Co— ..... 4 7 June 3354 Feb. 24 5454 Mar. 11 434 June June 5 June June 29 310 5)4 June 30 5)4 Sale 6)4 6 Lines— ..50 Sterling Inc... 7 3 June 118 June 23 10854 June 10 110 24 June 8 24 Sale 554 cl A—25 Sterling Brewers Inc 1 31 Co...............1 .........-1 ............ 1 Sou Calif Edison pref B....25 5)4% pref class C 25 5% original pref.. 25 44,200 189.100 9,950 55,100 50,450 133,700 22,600 4,600 412,500 10,000 252,800 3,425 25 I 24 5 Sale 4 Soss Mfg Co 43,200 Sterling Aluminum Prod. 4)4 Jan. 2 Ltd "4,666 2)4 June 29 June 101)4 June X Sale Solar Mfg 40,800 4,900 14,700 4,000 1,800 28,000 17,000 Feb. 1 Mar. 31 Jan. 6 30 X May 25 Spanish & General Corp 66,500 Am dep rets ord reg shs ..£1 3,200 Am dep rets ord bear. ..!£ 1,000 1 June 24 16 14 21 June Sale — So West Pa Pine Jan. 2 June June 4 Sonotone Corp 1,650 June 15 24 X X 8)4 Sale 3)4 Sale 18)4 Sale 26 2654 125)4 Sale 9,300 Southern Pipe Line—.—10 37,000 Southern Union Gas com 5 107,700 Southland Royalty Co.. ..25 23,650 South Penn Oil 100 Juner24 29 91 92 7% preferred 100 80 South New Engl Telep Co. 100 1,500 7,600 2,800 54 X May 26 46 8 6 90 ** 854 Sale 110 Mar. 10 11 ii 2)4 June 2)4 Sale 24)4 Mar. May 28 55 June 52 June ' 42 26 20 25 Am dep rets Southern Colo Pow 2 254 Sale 26 99)4 Sale 101)4 Sale 354 Sale 48)4 Sale Sale 6 21X June ,23 3854 May f 3 1 9 June 37 254 June June June June June 24 50 2% Sale 7)4 Sale 48 50 Sale Sale 25)4 June 4354 June June 2)4 45)4 154 5 54 2)4 2)4 45 40 10 800 41* ord reg shs_. £1 150 Sioux City G & E 7% pref.100 1,025 Smith (Howard) Paper Co. 900 40 3)4 Co.........—100 370 Singer Mfg Ltd 11,600 2,100 1,500 1,800 41 $6 pref Corp conr pref........«••* Simmons H'ware & Paint Co * 4,400 300 Highest Sale Prices 29 19,100 Securities Corp Gen'l com..* 2,500 Socman Bros common......* 213,900 Segal Lock Ac Hardware com 1 136,700 Salberllng Rubber com.....* 3,300 Selby Shoe Co com.........* 127,800 Selected Industrie*........1 5,400 Convertible stock—.....5 35,300 $5.50 prior stock ...* 33,500 Allotment certificates..... Selfrldge Prov Stores, Ltd4,100 Amerlcsn dep rets £1 31,400 Sentry Safety Control 1 15,000 Seton Leather com .....* 222,400 Seversky Aircraft Corp.....l 291,400 Shattuck Denn Mining 6 26,500 Shawinigsn Water & Power.* 34,350 Sherwin-Williams Co com..25 1,780 5% cum pref A A A .100 ,1,335 Sherwin-Williams of Can.. Shreveport Eldorado 26,700 Pipe Line stamped 25 Slmmona-Boardman Pub 900 Lowest Sale Prices 21X June 23 40)4 June 14 46 June 24 26 4154 45 2054 25)4 Sale 42 Sale 51 53)4 New Highest Sale Prices 37)4 May 39)4 common............* 31,050 Scovflle Mfg Co.........—25 130 Scranton Lace Co common..* Scranton-Sprlng Brook T.300 Lowest Ask Ask Bid Bid Sale Prices June 30 June 1 1937 Share* Share* RANGE SINCE JAN. 1 PRICES IN JUNE sales aqgreqate EXCHANGE CURB YORK 7254 May 23 3154 Feb. 17 86 May 8 11)4 Feb. 8 1354 Feb. 8 9)4 Feb. 6)4 Feb. 1 1 June 4)4 Jan. 7 114)4 Feb. 23 May May 26» May 26 103 July, 1937] AGGREGATE YORK CURB NEW EXCHANGE SALES PRICES IN JUNE new york curb exchange Since In June Soares 1,600 Jan. 2 June 1 1937 STOCKS {.Concluded.) 16,900 Union RANGE SINCE JAN. 1 Price Jan. 1 Shares 49 Ask Bid Gai of Canada 16 54 June 30 Ask Bid Bid 1354 Sale Sale Lowest 1354 1354 Highest Lowest Highest Sale Prices Ask Sale Prices Sale Prices Sale Prices 1354 June 17 1554 June 9 1354 June 17 54 Apr. 12 1854 Jan. 21 85 100 Union OH of Calif rights... 60 Union Stk Yds of Omaha. 100 85 Mar. 24 United Alrraft It Tranap— 1,200 22,000 Warrantso 1854 2054 Sale ............... 1954 1754 854 53 154 7 Sale 5154 55 JS 1 1854 1754 June 21 1954 June 1754 June 21 3054 Mar. June 30 654 June 17 5254 May 28 54 June 26 1354 Feb. 19 5254 May 28 United Chemicals Inc— 600 200 20,200 Common. 300 93 cum partic pref • 70,000 United Corp warrants....... > 4,300 8 54 50 100 United Elastic Corp........* 1,423,800 United Gas common .......1 38,300 4,300 11,000 $7 1st non-rot pref.......* 196,100 60 k Warrants 52 , "15"" 120 Sale Sale 254 Sale ....... 460 United GAB 7% pref... 100 537,400 United 31,000 800 9,900 * 16,600 Lt A Power A...* com Common class B__. "SH Sale 8?J Sale 104,400 96 1st pref........... 1,550 United Milk Products com..* ,100 * 60 600 61 Sale 2854 6254 3254 68 554 S3 preferred. 1 1H 154 •Vi 99*666 8 1054 60 "954 ^§54 Sale" 114 Sale 11054 Sale 254 Sale "554 554 2 1 2 June 3 954 June 8 til 11054 154 8954 454 June June June June June 5 June M . _ 115 June 22 254 June 90 L08 2 June Mar. Sale 6 Sale 3354 June 41 June 3 24 28 3354 June 14 25 26 June 7 68 80 6554 June 25 55 ' 554 June 10 554 June 19 June 5 6954 June 16 10,800 100 300 13.100 v 254 * 08 10 10 11,600 83,500 5,400 V 9.600 680 1st preferred with U S Lines Inc pref U S 236,300 445,300 5,420 8,600 2,700 1.000 1,100 500 400 275 400 10 150 June 8054 254 254 3154 Sale 254 2554 84 3 27 2554 11 1154 Universal Consol OH Co. .—10 8 .. Priority Stock 37,300 Utility A Ind Corp com.. r<.v^S Conv preferred........ 74,200 209.500 tUtil Pow A Light com... nil 15.700 "754 1 3,900 38,300 7% preferred .100 ... 650 454 454 87 8754 154 Sale 454 SaJo 154 Sale 3 354 364,900 Venezuelan 95 Sale 11,200 Waco Aircraft Co..........* com v t c * 4.200 80 Waltt A Bond Inc class A..* Class B • Walker Mining Wentworth Mfg Co ..1.25 Western Air Express Corp..l Western Auto Supply com A » 650 Western 1,590 104,800 2,300 35 Sale •1054*1054 9 Sale 72 Sale" 454 74 4 54 76 54 Sale 54 354 354 54 Sale 254 3 1354 1654 .454 Sale 71 75 54 Sale 254 3 54 Sale Aft 2M 1454 Sale 7,400 Wilson Products Inc.......! 200 Winnipeg Electric class B * 240 Wisconsin P A L 7% pref.100 Wolverine Port Cement....10 Wolverine Tube Co com....2 902,000 42,900 Wood ley Petroleum Corp...! dep rets ord shs new 5s. dep rets pref..—£1 32~,600 283,300 Wright-Hargreaves Ltd.....* 1.600 9,800 47,800 Youngstown Steel Door....* 213,300 Yukon Gold Co.... f 5 21 954 June 2454 June 14 4 June 16 1754 June 9 June 2454 5654 354 9354 4 54 7154 54 254 54 254 June 3 June 14 12 June 17 June June June June June June June June _ 18 61 Sale 654 Safe 59 26M 8§54 Sale^ 354 9354 454 75 54 354 54 2 ?4 1454 June June June June June June June June 23 15 22 16 17 654 June 22 Sale 23 2454 654 Sale 15 s Sale 1254 1354 1054 "12" 1?* 6 20 3 454 1554 fv 134 754 57 23 6 June 26 June 29 June 17 154 June 12 8354 June 1 11 June 21 554 June 554 85 9 tss* 254 254 % June 30 6 354 Jan. 354 June 14 1254 Jan. 30 9 754 7 Ift 1 Sale *8"" ""854 5 Sale 8 954 2354 5654 254 9354 454 7154 54 254 54 254 12 1 5 1 14 jJune 30 June June June June May June 17 27 June 11 2 June 22 4554 June 8 10 1 June 21 June 29 5 June 29 754 June 17 June 2 754 June 28 154 June 10 2254 10 2354 24 66 254 67 3 22 16 17 3 13 8 54 1154 554 854 3 9354 4% 3454 154 1854 May 18 Jan. Jan. Jan. June Feb. Mar. Jan. Mar. Feb. Mar. Mar. Jan. Jan. 28 28 20 18 5 8 26 13 23 11 10 12 12 154 Feb. III: ■It! 5 4 54 Feb. 23 IB 6 Jan. 28 1754 Mar. 25 854 Apr. 2254 Jan. 19 Jan. 3554 Feb. 8054 Jan. 454 Apr. L0354 Feb. 6 Jan. 8954 Jan. 2 Jan. 654 Feb. 154 Jan. 354 Mar. 2854 Jan. 9 2 11 June 554 1754 254 754 June Apr. May June 18 28 10 4 9 16 25 3 10 18 28 1 June 8 June June 24 June 1 June 15 104 9 -Mar. 5 -June 754 June Jan. Sale Sale 13 117 98 Jan. Apr. 21 Apr. 6 1 79 2 3 54 June 1254 June 25 754 Feb. 16 June June 15 54 June 19 June 17 3 54 June June" 15 2l 54 June 1 754 June June 54 June H June June 15 3 54 June 19 Apr. 22 _ 2 4554 Jan. 30 June 76 June" 14 454 June 23 1254 June 29 854 June 2 81 June June 1854 June 18 19H 18^4 1854 June 25 Sale" "554 June" is 6554 6754 254 Sale Sale 5 15 4 20 June 15 1354 Mar. 23 _ June 10 954 June 30 June 24 254 June 28 654 June 3 Apr. Apr. 29 2 June 28 6 3 6 June 10 14 June 1 854 1254 154 954 Feb. Feb. Jan. Jan. Feb. 11 2 60 24 26 25 20 May 13 1654 May 21 10 1854 Apr. Mar. Feb. Apr. 9554 Mar. 5 554 Mar. 17 95 854 1854 1254 454 May 13 1254 June 29 854 May 19 61 June 9 Jan. 5 54 June 15 6754 June 32 62 June 14 76 6 63 10 6 15 "654 Sale" 6554 May 12 Jan. 19 Mar. 11 Feb. June 14 19 May 21 454 June 85 June 25 23 Apr. 5 Apr. 13 Mar. 31 Mar. 16 Mar. 6 62 9 9 5 23 June io June 10 30 29 Jan. v 10 01 1454 June 12 Sale Mar. 28 3 554 1454 Sale 854 Sale June 2654 Apr. June 6 5 Feb. 16 Apr. 15 Feb. 5 Jan. 25 Jan. 12 1854 Feb. 3 Jan. Feb. Jan. Jan. Jan. Feb. Feb. Jan. 18 Jan, 8 Feb. 1 Feb. 10 Jan. 15 2354 Jan. 7 654 Apr. 7 85i Jan. 10 8054 Mar. 10 454 Mar. 11 BONDS 9,000 136,000 6,000 27,000 Abbott's Dairy 6s....... 1942 2,068,000 Alabama Power 454* 1967 286,000 884,000 566,000 790.000 90,000 90,000 \95,000 381,000 60,000 1.305,000 599,000 7,000 19,000 277.000 2,054,000 4,000 \ X;,': 250,000 34,000 133,000 16.000 239,000 3,000 17,000 106,000 172,000 250,000 3,385,000 190,000 1,230,000 135,000 927,000 119,000 140,000 1,344.000 1,869,000 1,928,000 For footnotes 1st A ref 5s...........1956 5s.. 1968 1st 5s 1946 1st A ref 5s 1951 Aluminum Co s f deb 5s .1952 Aluminium Ltd 5a.......1948 58 called 104 10454 9254 Sale 10354 10454 9754 Sale 108 10854 10454 Sale 106 10654 10654 Sale .....1948 Amer Gas A Elec deb 5s .2028 Deb 5s called.........2028 American Power A Light - 4s....................2016 Amer Radiator deb 454*—1947 Amer Rolling Mill 5s 1948 American Seating 6a stpd 1946 Appalachian R1 Pr 5s.... 1956 Appalachian Power 6s...2024 5s 1941 10754 Sale" 106 10454 Sale 10854 1951 1956 102 Sale 1953 Sale June 9454 94 w* 83 104 54 June 15 80 June 9 94 June June June June June June June June 30 June 85 Sale 100 June 102 9554 Sale Sale 10454 Sale 10654 10654 Sale 91 June 104 June 10654 June Sale 105 June 9654 10654 10654 10554 10854 June 16 June 1 4 9154 June 10554 June 28 Sale 101 85 . 101 Sale Sale 10754 Sale" 10654 June 30 3 11 1 22 2 8 102 Jan. 11 10454 Apr. 5 7654 May 28 95 Jan. 14 June 4 10554 Jan. 0 May 28 9954 Jan. 11 May 20 10854 Jan. 13 §i* 9fM June 2 105 Jan. 2 104 June 24 107 May 22 Apr. 27 10754 June 22 105 June 9 10554 May 0 Mar. 13 10854 June 10554 8 10554 Mar. 16 106 Jan. 2 102 ■ ■ Sale Sale Sale Sale Arkansas Pr A Lt 5s Associated Elec 4V4s 53. 10354 June 7654 June Sale Sale Sale Ark Louisiana Gas 4s see page 10454 10354 105 Sale 7854 Sale Sale Sale Sale 87 10554 106 Sale 10254 Sale Sale 102 10354 10654 10654 Sale 113 11154 112 10954 10954 112 Sale Sale Sale 101 June 1 103 June 16 June 10 June June June 5 1 10554 June 10654 June 24 3 112 June 28 8 11054 June 28 1 101H June 24 Sale June Sale June 30 Sale June 17 9754 June 5354 June 1 8 85 June 16 106; jan. 10354 Jan. 12 l05j May 10254 Mar. 25 10454 Jan. 103 8 5 9 June 16 10854 Mar. 5 5 107 May 10 Mar. 22 11954 Jan., 2 Mar. 22 11054 June 28 10454 Jan. 109 106 - 9854 Apr. 8* 9 10254 Jan. June 30 10454 Jan June 17 6754 Jan. 10 21 7 ,r,v v.:>; ■5:v lg 73 33 954 354 100 Apr. 154 Jan. 8354 June . '"iv- 1054 Feb. 15 Mar. June 1654 Feb. 79 June 15 354 June 22 1254 June 25 Sale Sale Apr. 7 34 27 654 854 754 Sale 1854 754 454 9654 4754 1454 1854 254 Jan. 754 June 4654 June 15 1554 754 Sale 3 Feb. June 23 June 15 55 2 254 June 2754 June" 10254 June 2754 June 10254 June 20 Sale Apr. 28 June 18 23 6 554 June June 23 6 t 71 854 "M June 4 Mar. 10 16 6 13 12 14 18 16 5 1554 May 9 4 May 9 15 8354 June 1254 June' 14 254 June 22 7 2 Sale ! "5"* June 23 June 4 8 2654 June 654 June 754 June 28 4754 15 • 24 ; . 0 June 154 Feb. 15 654 June 30 % June 11 454 June 11 23 20 454 Sale 14 ; 854 Apr. 545 6 ' 5 754 June 10 64 2 254 854 954 854 Sale 1154 12 554 Sale 854 Sale 24 254 June 30 4 June 24 Apr. 28 June 29 June 25 1 June June 21 25 June 10 4 June 1 Jan. 13 Mar. 3 S Jan. 28 Jan. 16 Jan. 25 Jan. 18 Jan. 18 Jan. 18 Feb. 11 Feo. -9 "vV\V1'/ Sale 46 9 80 June 24 June 1 June 22 June 16 June 12 2 14 9 .... Am 7 * 1054 Am 1854 11 1554 454 2054 10 8 1 >454 4 54 1554 554 % June 30 354 June 14 101 2954 Sale 15,500 Williams Oll-O-Matic Htg...* 36,400 t Wll-Low Cafeterias corn...! 14,200 Convertible preferred • 10,800 Wilson Jones Co com..... * New common 1,900 * 1,300 954 554. 1754 4 '2754 "28* 96 preferred.............* 12,000 ii* 1454 10254 Sale 1354 1754 Wool worth (F W) Ltd— 600 16 June June 15 June 19 23 54 June Sale 18 J June 454 June 4 .Mar. 23 3754 1354 elOK 154 June 9 June 14 June -7 June 75 11 554 June 21 254 May 21 2 f,» Sale "354 "4 H 55,800 % hm % Sale 754 Sale W Va Coal A Coke com.....* 600 Weyenberg Shoe Mfg Co 1 800 Williams (R C) A Co .* """Ho 4,400 254 Sale Western Maryland Ry— 7% 1st preferred 100 Western Tablet A Stationery Co I$p$5 Westmoreland Coal Co— West Texas Utilities 800 900 2 12 Sale Grocery com.....20 Common L* 10 West Jersey A Seashore RR 50 "i'.ooo 11 Weisbaum Bros-Brower Co.-l Wellington OH Co common..1 14 ""454 "654 .......I Wayne Knitting Mills ......5 Wayne Pump Co common.—i 3,210 600 754 * common 654 Njew common class A 10 400 Western Cartridge 6% pf.100 25 3,100 1454 Sale 6 354 Sale 2SX 610 Virginia Pub Serv 7% pref 100 6 June 354 June June 654 June 45 June 84 2 June 8454 254 June. I 4 754 Sale Sale 3,300 5,200 121,800 12,200 233,500 7,600 41,600 41,700 49,100 19,450 29,600 6^ Sale 7 2 11,900 Wagner Baking 600 Wahl (The) Co "I*306 Sale 1 .........* 23 June 154 June 11 June 25 2654 4 54 58 10 Petroleum 11,700 Vogt Mfg Corp 100 75 24 ... 46,100 Venezuela Mexico Oil.... Sale 59 31,400 Valspar Corp vtc common.. 1 Vtc conv pref 3,050 5 7,600 Van Norman Mach Tool com 5 2,100 June June 10 3954 June 22 80 8 6 June 11 June Sale 54 Sale 454 Sale Sale 354 Sale 2154 Sale" 1254 Sale Sale 1154 1154 7554 154 Apr. 27 June 89 it* 354 94 May 245 June June 21054 June -'2154 June 654 Sale % Sale 5 754 Sale 454 Sale 1154 14 Class B common....... ...1 160 4.300 600 91 1 Universal Insurance.. 3,350 554 June 254 June 10 6 1354 Feb. June 554 Jan. 85 1354 June 83 vtc * c June June June 38 89 United Verde Extension. ..50c United Wall Paper .—.2 Universal Corp v t .6 * Stores Corp com 24?H il* 154 June 1354 ...1 com new. June 11 Sale Sale • wari 300 "'loo 2 85 June 1154 Sale 340 Utica Gas & Elec 7% pf.. II£oo 62,700 Utility Equities com 6,000 4,600 700 654 654 254 Sale 8854 Sale 154 1254 1354 Sale 154 Sale 7,600 Universal Pictures com.. 1 5,450 Universal Products Co... ....» 9,675 Utah Pr & Lt $7 pref.... I"—* 3.600 Utah Radio Prod com... 100 2.600 154 854 554 Sale 1654 Sale 254 2 Playing Card com__.._10 U S Radiator 38,100 Unlted 2,200 17,300 28,000 500 154 Sale 11 7 754 25 105,900 U S Rubber Reclaiming... 63,500 U S Stores Corp com........* t 3,200 97 Cony 1st pref......... 11,000 5,400 1,200 2,200 1,400 154 1 14 254 Sale 8954 Sale 26 com 32,600 USA Internat Sec com....* 2,300 300 754 754 245 United Specialties common.1 168,200 U S Foil class B * 7,000 1,200 2,800 13,400 20 500 754 1,000 800 2,900 5,000 7,600 Unit Profit Sharing com Preferred 20,150 United Shoo Mach 14,880 Preferred. 650 1,000 8,300 1,000 x Am deo rets for ord reg 10 United N J RR A Canal..100 3,800 United Shipyards class A_. 138.800 Class B ...1 2,700 6,300 2,625 350 2.500 • 2 til May 18 L24 154 June 16 9 8954 June 454 June 14 5 United Molasses Co Ltd— 900 .-10 1,600 3 754 June 14 38 2654 3154 6554 Sale 6J4 5254 June 5 654 o 115 Sale ■■ 7 4 Sale Sale 40 654 June 17 5254 June 2 54 June 26 54 Apr. 12 Mar. 24 8 YORK NEW 50 NEW YORK In Since June Price _ Jan. 2 EXCHANGE Jan. 1 S CURB BONDS < 121,000 1.744,000 Assoc (Continued) Gat At Elec 6s 1937 Bid - 56 4%s—1948 -—1948 4,000 Registered— ........ 494,000 SHa lnv ctfs—.——.1988 1,000 5% s lnv ctfa reft. .——1938 2,092,000 «£a aeriea G 1949 157,000 5%a 197? 1,645,000 Con? deb Sa———.—1950 633,000 Aasoc Tel 8c Tel 5%a A...1955 191,000 Atlanta Gaa Light 4% a.-1955 624,000 ,086,000 L,199,000 L Canada Nor Power "77*" "78% 56 66 Sale" 68 61% Sale 88% Sale 104% 105 174,000 175,000 825,000 195,000 157,000 427,000 1,000 7,632,000 1,000 1,040,000 222,000 3,100,000 „ 188 188 103 103% 103 112 113 109% Sale 97% Sale 112% 114 123% 124 145 98% Sale 141 85 98% 105 87 99% 107 102 103 103% Sale 95% Sale 68% Sale 69% Sale 72% 74 104% 106 Midland Ry— 5«_.1940 5%a—1942 Union Stock Yards 145 149 Sale 102% 109% 94% 113% Sale 96% 103% Sale 101 Sale 95 Sale 103% 97 98% 100% 95% 99% 83 91% Sale 53% Sale 54% Sale 55% Sale 80 95 1 73 June 29 174 June 28 176 113% June 30 114% 119 June 1 120 119 June 1 121 133 June 21 136% 76% June 22 85% 68% June 30 70% 88% June 30 90% 103% June 3 103% 77 89% 46% 46 50% 17 22 240 June 29 225 Mar. 22 Mar. 22 Feb. 5 135 June 28 227 Mar. 22 110 Mar. 24 115% Jan. Mar. 22 124 Jan. June 9 June 5 June 11 June 17 June 19 113 22 240 114% Mar.24 130 Apr. 23 76% June 22 67% May 21 88% June 30 103 % May 20 105% June 2 June 11 June 1 June 1 June 14 125 145 99 88% 101% 106 % Jan. 21 5 9 Jan. 18 Jan. 14 Jan. 22 Jan. 19 Jan. 21 Apr. 107% Jan. 1 7 Mar. 8104 Jan. May 18 114% Jan. June 24 105% Jan. 111% Feb. 25 113% June 94% Mar. 18 104% Jan. 100 Mar. 24 105 Jan. 98 Mar. 19 104% Jan. 93 May 14 103% Jan. 3 4 20 June 21 92% June 9 54 June 2 54% June 7 55% June 1 77 17 Apr. 98 1104% Jan. 25 Feb. 3 Jan. 18 72% Jan. 7 72% Jan. 8 94 50% June 12 75% Jan. 23 99 1 106 Apr. 13100 92 96% June 16 4 2 24 18 11 5 20 June 18 89 Mar. 16 46% June 16 46 June 17 80 June 12 12 93 106 Mar. 23110 101% Mar. 10 104 62% June 17 84 107% 108% 107% Sale 107% June 14 107% June 3 102% 102 102% 102% June 17 102% June 10 67 68% 65 Sale 62% June 17 67 June 2 95% 97 94% Sale 94% June 30 96 June 9 99% Sale 94 98% 99 June 14 100 June 25 71 Sale 69% Sale 68 June 17 71% June 7 70 June 23 70 June 23 Jan. 26 June 9 Jan, 9 Jan. 4 Jan. 12 Jan. 14 Registered—........ cities Service Gas 5%a_. 1947 cities Serv Gaa Pipe L 6v. 1943 cities Service P Ac L 5%a_1952 166% Sale" "99% 166" .1952 "65% Sale" "63% Sale" 47% 52 46% 49% 111% 112% 110% Sale 112 Sale 111% 112% 112 112% 111 112 111 Sale 111 Sale 106% Sale 104% Sale 104 Sale 103% Sale 110% June 30 111% June 29 111 June 21 110% June 5 104% June 28 103 June 28 58 B—...——1955 5a.———1966 —1966 5s.———1950 registered Conv deb 5%s registered 1949 5%a gold deb ♦Commera und Prlvat1 168,000 202,000 270-000 220,000 245,000 2,349,000 1937 Bank 5%s Commonw Edison 4%a—1957 1953 B_—_———1954 5a aeries A— 5a aeriea 1956 4s aeries F———1981 3%a series H——...... 1965 4%a aeriea C 1,204,000 798,000 Com'w'lth Subald 5%s A-1948 1,063,000 Community Pow Ac Lt 5a.1957 588,000 Community Pub Serv 5s A1960 21,000 Conn Ltg & Pow 7a A 1951 50,000 Consol Gaa of Bait 5s—.1939 76,000 4% a -1954 000 578,000 "■'A,,.nnn 254,000 Consol G E L At P Bait— 3%s aeriea N——1971 Consol Gaa Utilities— 6s A stamped —.1943 4,520,000 Continental G At El 5s 1958 224,000 Crucible Steel 5s— 1940 202,000 Cuban Telephone 7%o._1941 81,000 Cuban Tobacco 5s 1944 228,000 51,000 1,001,000 657,000 485,000 247,000 189,000 150,000 5 %s.. 1959 Denver Gas Ac Elec 5s-_..1949 Detroit City Gas 5s B 1950 6s series A. 1947 'Detroit Int Bdgs 6%a—1952 'Ctfa of deposit.—.. ♦as-yr a f deb 7a 1952 'Ctfa of deposit— Dixie Gulf Gas 6%s 1937 Delaware Elec Pow 3,696,000 Eastern Gas Ac Fuel 4s A.1956 988,000 Edison Elec Ilium 3%s 1965 3,322,000 Elec Pow At Lt 5s 2034 50,000 Elmlra Wat Lt Ac RR As-1956 156,000 El Paso Elec 5s A 1950 592,000 Empire Dist Elec 5s 1952 798,000 Empire OH At Refining 5 %■'42 Ercole Marelli Elec 116,000 6%s 121,000 Erie Lighting 5a J59% Sale 67% Sale Sale 100% 101% 101 64% Sale 63% Sale 46% June 19 103% Sale 102% 103 102% June 28 104% June 73% Sale 72 Sale 71% June 30 75 June 99% Sale 94 97% 96 June 29 99% June 124 127% 1 ...... —— ...... 107% Sale 107% 107% 107% June 1 107% June 118 122 119 Sale 118 June 3119% June 101% Sale 100% Sale 46% June 19 50 June 3 111% June 16 112% June 10 112 June 1 111% June 17 107 June 16 104% June 14 100% June 25102 107% Apr. 110% Jan. 110% Jan. 1953 1967 783,000 5s ext stamped — 1944 1,712,000 Gatlaeau Power 5s—..1956 281,000 6s 1941 284,000 6s series B 1941 160,000 Gen'Bronze conv deb 6a. 1940 78,000 Gen Pub Serv Co 5a.—1953 735,000 Gen Pub Utilities 6%s A..1956 56,000 +Gen Rayon Ltd 6s A.—1948 12,000 $+Gen Vending Corp 6s—1937 10,000 ♦Ctfs of deposit..... 655,000 Gen Wat Wka Ac El 5s A..1943 3,173,000 Georgia Powar ref 5s 1967 349,000 Georgia Pew At Lt 5s—1978 46,000 ♦Geafuerei 6a—... ......1953 1,988,000 Glen Alden Coal 4a...—.1965 382,000 Gobel (Adolf) deb4%s ..1941 597,000 Grand Trunk Wast Ry 4s 1950 21,000 Great North Pow 5s stpd 1950 225.000 Grocery Store Prod 6s 1945 64,000 Guantanamo At W Ry 6s.l95S otnotes see page 5s series A——1948 53 8 4 7 28 7 17 8 7 4 113% May 3 102% Mar. 12 104% June 71% June 30 90% Jan. 23 June 29 101 Jan. 1 96 126 17 May 13 130 Jan. 3 8 6 13 6 21 107% May 19 109% Jan. Apr. 28 125% Jan. 11 16 U8 June 98% Apr. 9 75 79% 77% 79 75% June 14 79% June 5 78% 83% Sale 81 Sale 78% June 29 84% June 10 103% 103% 103% Sale 103 June 23 103% June 2 102 97 99% Sale 100 102 99% June 1 100% June 9 73 60 73 60 73% ............ ............ 9 104% Feb. May 14 93% June 29 98% Feb. 1 103% Jan. 12 100% Mar. 30 80 3 Mar. 13 Jan. 19 Apr. 27 Feb. 1 Jan. 22 . 102% 104 102% Sale 101% June 16 103% June 4 101% June 16 105% Jan. 11 Jan. 26 109% Mar. 13 June 12 106 108 June - 4 108% 103% 104 103% June 29 106% 106% 106% 106% Sale 106 June 16 106% 8% 8% 6% 7% 6 June 28 8% 7% 7% 6% Sale 6 June 28 7% 2% 3% 2% Sale 2% June 4 3% 2 2% 2 June 2 2% 2% Sale 108 108% 108% 106 Sale 100% Sale 100% 101% 100% June 85% Sale 103% Sale 82% Sale 83% Sale 87% Sale 84% Sale 103% Sale 82% Sale 103 103% 105 Sale 101 102% 102 96% Sale 92% Sale 70 105 32% Sale 72% 73 105% 101% 104 50 77% Sale 30% ..... 70% 71% 1101 Mar. 23 106% May 12 June 10 103 June 3 105% Feb. 15 107% Apr. 30 6 June 28 13% Jan. 7 June 2 6 June 28 12% Jan. 6 June 2 2% June 4 4% Mar. 2 June 28 2 May 21 4% Mar. 2 June 28 Jan. 20102 Jan. 5 June 26 100 v 85% June 1 79% June 15 95% Jan. 22 Jan. 8 102% June 28 104% June 7 100% Mar. 23 109 81% June 3 85% June 8 78% Apr. 28 96% Jan. 27 Feb. 11 103% June 2 105 June 30 102% May 22 115 101% June 22 102 June 2 101% May 7 104% Mar. 8 92% June 29 103% Jan. 4 92% June 29 97% June 2 83 June 3 93% Jan. 6 83 June 3 87% June 10 79% June 15 69% June 1 73 ...... 71 ...... June 29 77% June 101% June 14 102 105 Sale 104 Sale 104 105 94 106 105 94 105% 105 100 89% Sale 94 87 1 Jan. 2 71 May 13 June 29 15 85 June 30 105 June Sale Sale 21% Apr. 15 25 Sale 92% Sale 68% Sale 28% 78% 79 75 Sale 100% 106% 87 89% 100 48 53 49% 55 June 25 84% June 14 87 June 10 88% June 7 93 June 1 68 June 7 72 28% June 7 28% June 11 June 19 78% June 29 80 June 15 75 June 30 77 99% June 1 100% June 21 107 June 1 L06% June 28 87 June 28 89% June 11 52 June 14 48% June 24 47 4 6 33 May 13 93% Jan. 13 June 15 101% Jan. 13 102% Feb. 96 June 22 4 96 June 22 98% June June 14 100% Apr. 15 100% June 1 102 99 Mar. 6 101 June 1 101% June 15 101% Sale 98% Feb. 18 2 101% June 14 101% Sale 101% June 91 June 28 3 91 June 28 94 % June 91 Sale Feb. 15 June 14 101 June 14 103 102% 103% 103 86 ' June 9 82% May 19 83 June 1 83% Sale 70% Jan. 22 June 17 73 June 23 74 72 75 19 May 6 14 20 97 101 73% Feb. 9 1 103% Mar. 29 105% Mar. 3 103% Jan. 14 105% June 10 June 12 105% June 10 94 Jan. 9 96 Jan. 16 June 11 94 June 11 Apr. 27 100% Jan. 4 June 22 90% June 1 87 101% 102 100 63 103% June 23 108% Mar. 33 ..... 90% Sale June 26 5 103% June 23 105% June 101% Guardian Investors Corp— 258.0001 2 7 23 9 112 May 5 12 113% Apr. 26 " Gary Else At Gas— Feb. 16 102% Mar. 18 107 June 16 100% Mar. 17 106% Jan. 4 76% Finland Residential Mtge 78,000 6s stamped 1961 332,000 Firestone Cotton Mills 58.1948 197,000 Firestone T At R Cal 5a..1942 12,000 First Bohemian Glass 7s_1957 3,116,000 Florida Power At Lt 5s 1954 56 10 107% Apr. 10 111% June Mfg 3,000 ^Farmers Nat Mtge Inst 7s.'63 578,000 Federal Water Serv 5%s_1954 8 Feb. 17 101 108 18 15 16 June 8 Jan. Jan. June 11 105% June 30 June 28 107 June 9 104% Mar. 23 107 95 8 Jan. 94% June 30 101% Feb. 98% Apr. 21 105% Jan. 68 June 17 82 Jan. 70 June 23 70 June 65% June 17 83 Jan. 65% June 17 70% June 7 80 Feb. 4 80 Feb. 99% Apr. 28 103 Jan. "99% June'21 161% June""4 June 21 104% Apr. 100 June 21 101% June 5 100 61% June 17 66% June 5 61% June 17 79% Jan. 75 Feb. 17 75 Feb. "62% June" 17 "66% June" "5 62% June 17 80 Jan. 6b series Cities Service 1,402,000 For Jan. Jan. June 17 June 8 June 10 June 24 June 9 June 4 June 10 June 5 99% June 2 4 61 158 140 103% Apr. 105 105 97% 95% June June June June 8 158 —— June 2 105% June 98% June 78 Sale 91% Sale 47 47% 48% 49% 55% Sale 3 June May 19 69 45% June 17 65% 79% June 24 91% 98 Apr. 15 105% Sale 102% June 29 103% 110 109 June 1 110 Sale 93 June 24 97% 113% 112% June 21 113% Sale 96 June 28 98% Sale 102 June 10 104% Sale 100% June 29 101% Sale 95 June 1 97 98% Sale Mar. 41 62% Jan. 65% Jan. 8 60% Jan. 20 83% May 6 77 Jan. 5 June 10 4 180 105% June 45 May 17 44% May 18 45% May 14 68 Apr. 9 4 2 4 2 9 June 57 140 135 105% Sale 105% Sale 105% 107% 104% 105 94 June Highest Sale Prices 53 ...i.. 107% 108 123 fChlc Rya 5a ctfa of dep-'27 Cincinnati Streat Ry 5%al952 1,000 .wo 175 160 160 144 144 54% June 48% June 45 % June 17 49 June 79 % June 24 84% June 99 June 25 100% June Sale Sale 113% Sale 119 Sale 120 Sale 119 Sale 119% 122 133% 134% 133 136% 85% Sale 82% Sale 70 Sale 68% Sale 89 92 88% Sale 103% 104 103% 103% 105% 105% series Chic Pneum Tool 45% June 30 Sale A—.——..1956 Chicago Junction Rya Ac „„„ "78%June""3 June 17 41 45% Sale 55% Sale 47 % Sale 80 % Sale 98 99% 54% Sale 48 % Sale 84% Sale 99% 100% Sale Sale 383,000 Central Power 5a aer D..1957 3,709,000 Central Pow Ac Lt 5a—-1956 1,133,000 Cent States Elec 5a——1948 2,074,000 5%s 1954 1,129,000 cent States Pr At Lt 5%s.l953 Chicago Dist El Generating 388,000 4V£s series A-.——1970 26,000 6a series B 1961 -, Sale Prices 47 June 22 * Sale" 73~"~June 30 73 ~ Sale" 43 114 90% Sale - 77"" Sale" 165 172 105% Sale 112% 112% 103% Sale 104 Sale 103% Sale ■ 47 Sale Sale Sale 115 5a 1956 136*000 Cedar Rap MM At Pow 5a. 1953 1.926,000 Cent 111 Pub Serv 4%t F.1967 429,000 5. series E -—1956 736,000 5a Series G 1V68 253,000 4%a aeries H 1«81 260,000 Cent Ohio Lt At Pr 5a A-1950 Chicago 111 . 152% 155 153 Sale Carolina Pr 8c Lt nnn 47 174 174 166 Ry 6a-1942 233,000 Sale Prices 45 % June 25 44% June 17 Ask 45% 48 46% Sale Ask Bid 43 Lowest Sale Prices Highest Lowest June 30 June 1 Bid 171 Sale 166 5a.—1953 'Canadian Pacific Ask Sale 61% Sale tBaldwin Locomotive Work. 331,000 '6s with warranta—.—1938 797,000 *6* w w atamped....... 1938 165,000 '6s without warrants—1938 5,187,000 «6a x-w atamped........1938 664,000 BeilTal of Canada 5a....1955 440,000 lit M 5a aer B Juna 1 1957 182,000 5s aeriea C..-I960 111.000 Bethlehem Steel 6a 1998 L,010,000 Birmingham Elec 4%a—1968 350,000 Birmingham Gaa 5a—1959 160,000 Broad Hirer Power 5a A..195' 73,000 Buffalo Gen Elec 5a 1956 87,000 lit 5t ref 5a..———1939 „„„ RANGE SINCE JAN. 1 PRICES IN JUNE SALES AQQBEQATB EXCHANGE CURB June 23 52% June 1 84% June 14 84 May 28 June 7 21% Mar. 27 76% Apr. 28 75 June 30 97% Mar. 23 106% Jan. 7 68 86% Apr. 29 48% June 24 47 June 23 NEW AGGREGATE YORK CURB EXCHANGE SALES NEW Since Jan. 1 ■ > PRICES IN JUNE YORK June 30 Lowest Lowest Highest Sale Prices Sale Prices Sale Prices 10334 June 23 10434 June 10 109M Juns 12 16934 June 8 99 June 1 19034 June 11 213,000 0s .1938 1.007,000 Hall Printing 6s A etpd-,1947 13,000 'Hamburg Else Co 7a 1935 38,000 ♦Hamburg E 8c Und Ry5Hv'38 592,000 Heller (W E) 8c Co 4» w w.1946 133,000 Houat Gulf Gaa 6 Ha w w.1943 276,000 6a ?. 1943 34 June 29 2434 June 1 9734 June 14 101 Bk7H*-1963 Hytrade Food 6s.ser A ..1949 34 9 104 4 June 5 Jime" 3 76""june"l6 80 8034 June 7 7 .1947 350.000 Illinois Central RR 6S...1937 10834 10934 10834 June 7 109 June 24 217,000 Illinois Nor Util 0a 653,000 (Ulnola Pow 8c L SH» 675,000 0Ha series "B" 1957 16634 10734 10634 June 9134 9534 10034 9134 2 107 1957 Sale Sale Sale Sale "June"l2 5 1.675,000 2,275,000 1954 6s series A...... 0s series C 9,000 5s registered Elec Corp6r 299,000 Indiana 1953 1906 591,000 1,000 1956 6,000 238,000 72,000 145,000 851,000 448,000 1st Be ref 5a 1955 Indiana Service 5s.......1950 1st Hen 0k ref 0a 143,000 ♦Indianapolis Gas 0s 1.440,000 Knd'poUs P A L 5s ser 1963 A-.1952 A..1957 ♦JIntercontlnents Pow Co— 716,000 227,000 Deb 6s series A 1948 (nt Pow Sec 6%« series C.1955 183,000 7s series E...........1957 134,000 7s series F ...1952 180,000 International Salt 5s_...1951 1,225,000 ^Internet Securities 5s. .1947 3.454,000 Interstate Power 0s 1957 1,189,000 Debenture 6s 1952 5s series D 967,000 V 552,000 147,000 96,000 549,000 224,000 24,000 1.446.000 1956 4%a series F 1958 Iowa*Nebraska LAP 5s..l957 5s Series B 1961 Iowa Pow A Lt 4%a A...1958 Iowa Pub Serv 5a 1957 IsarcoHydro-El 7s 1952 Isotta Fraschtni 7s ...1942 Italian Superpower 6s...1963 290.000 JackaonvilleGas 5s stmpdl942 276,000 Jersey Cent PA L5sB_..1947 1.024.0001 4He series C—.......1961 6,000 Kansas El Pow 3%*—..1966 128,000 Kansas Gas A Elec 6s 2622 238,000 Kansas Power 5a A......1947 952,000 Kentucky Utilities 5s .1969 774,000 5s ; 1961 308,000 6%a series D 1948 119,000 034a series F 1955 163,000 Kimberly Clark 5s A.....1943 490,000 Lake Superior Dlst Power— 3>£s series A ........1966 1,614,000 Lehigh Pow Secur 6s 2026 12,000 ♦Leonard Tlets Inc 7%a-1946 272,000 475.000 208,000 163,000 Lexington Util 5a. 1952 Libby McNeill A Llbby 5s 1942 Lone Star Gas Corp 5s 1942 Long Island Ltg 6s 1945 1,093,000 Louisiana Pow A Lt 0s...1957 108,000 'Manitoba Power §%• 5,000 1951 ♦Mansfield Mining 8c Smelt— 7s Ex-warrants 1941 4,000 t'McCallum Hosiery 634*1941 McCord Rad A Mfg 6s 1943 Memphis PAL Ssser A 1948 239,000 707,000 686,000 530,000 108.000 588,000 359,000 752,000 294,000 805,000 1,430,000 219,000 197,000 198,000 Mengel Co 434a 1947 Met Edison 4s series E 1971 Middle Sts Petrol 6 Ha A.1945 Midland Valley RR 5s 1943 Milwaukee G L 4H« 1967 Minn Pow A Lt4H« 1st A ref 5s Mississippi Pow 5a 1978 1955 ..1955 Miss Power A Light 5S...1957 Miss River Power 5s 1951 ^'Missouri Pub Serv 5s A.*47 Montana Dakota Util 0H«*44 Steamship Llna Munson 375,000 238.000 604,000 1,342,000 1,286,000 134,000 276,000 226,000 1,362,000 288,000 1,845,000 712,000 1,787,000 2.047,000 2,036,000 *6H* ctfa of dep w W..1937 Nassau A Suffolk Ltg 5s. 1945 Nat Pow A Lt 6a"AM Deb 5s series B 2026 2030 {*Nat Pub Serv 5a C O D.1978 Nebraska Power 6s 434a 2022 1981 Nelsner Bros Realty 6s..1948 Nevada Calif Elec 5s.....l956 New Amsterdam Gas 0«..1948 New Eng G A Elec Asan 5sl947 0a........»..........1948 Conv deb 0s 1950 New Engl Pow Asan 0S...1948 70 555,000 752,000 .5 534 60 68 76 70 63 6834 71 10734 10834 10734 . 68 76 70 Sale 534 June 26 65 75 June 2 10734 June 5434 Sale 49 June 3734 Sale 3534 Sale 27 June 12 7934 Sale 7634 Sale Sale Sale 94 7334 9434 9134 10534 10334 10334 10234 72 92 Sale Sale 69 Sale 66 75 55 Sale Sale 65 10534 105 Sale 10234 6934 6734 7634 75 52 Sale 48 49 4834 Sale 1952 373,000 Nor Ind Pub Serv 0s 1966 424,000 5s series D 1969 804,000 434* E 1970 333,000 Northwest Elec 6a atpd..l945 619,000 Nor*west Pub Serv 0s A..1957 254,000 434* aerlea D 1956 115,000 Ohio Public Serv 6a C 1953 339,000 0s series D_... .....1954 95,000 034* *eries E..........1961 For footnotes see page 53. 1 June 19 June 14 1 Sale Sale 10134 Sale 9434 9434 10234 Sale 2034 25 10334 Sale 10434 Sale 10434 ----- Sale 27 . Sale 9334 June 22 87 85 80 Sale 9934 98% Sale 92% 10234 103% 10134 79 Sale 78% 8534 Sale 8634 10834 Sale 108 67. 7434 6734 94% Sale 92 Sale 90 9834 June 107 86 10934 10534 6134 6234 5934 Mar. June June June 1 107 8834 Feb. 534 June 26 Apr. 5 7334 Apr. 16 65 14 1 5 7 7 7 92 14 21 8 10 Jan. Feb. 18 96 Jan. 23 88 34 Jan. June 17 10434 Feb. 22 2 7634 June 30 72 1434 Jan. June 29 9234 June 28 10434 Feb. 8 10434 Apr. 5 10634 May 26 9934 Mar. 17 105% Jan. 5 66 Jan. 2 7934 Feb. 23 72 Jan. 4 80 Feb. 5 50 June 11 71 Feb. 1 46 Mar. 22 5634 Jan. 26 103 Mar. 9 10534 Apr. 22 10234 Apr. 12 10534 Jan. 18 9334 June 22 9734 Mar. 12 Mar. 19 June 22 1 20 11 80 June 15 8 8 22 76% Jan. 4 1 4 6934 Jan. June 7 2 May 25 25 10254 Mar. 13 113 18 4 21 11 77 8334 Feb. May 20 81 Mar. 20 109 100 10 7 10734 9934 10634 10634 10434 10234 10334 Mar. 12 10634 Apr. 21 1 16 9 8634 Feb. 16 17 10734 June 17 7934 Jan. 21 78 Jan. 30 8234 Jan. 8 1 4 4 Feb. 18 107% June 30 June 25 101 Jan. 8 Feb. 24 111 June 4 June 103% June 26 105% June June 24 12134 Jan. 10434 9934 8034 June 29 9934 9434 June 29 10734 9034 June 29 10334 10134 June 12 10434 93 Mar. 12 101 18 19 23 Jan. Jan. Jan. Jan. Jan. 15 10 25 Jan. 21 % Jan. 5 10034 May 12 111% Jan. 18% Mar. 17 2334 June 100. June 21105 Jan. 10334 Mar. 23 106 Feb. 10334 June 28 105% Feb. 10434 Feb. 1 107 May 103% June 26 10634 May 8 10 29 25 19 3 14 9234 May 18105 8834 111% 105 103% 10234 Sale June i June 94 June 16 88% June 14 105 June 30 9934 June 93 ill June June 2 2 7 102% June 30 103% June 23 92 June 12 June 29 92 82% 83 91 97 June 11 100 Sale 94 June 29 95 99 Sale 10134 June 30 103% 79 77% June 9 79 85 June 30 Sale 8834 108 June 28 109 109 Sale 67% June 18 6934 Sale 92 June 29 94% 534 June 29 June 12 June 3 June 1 June 3 June 10 June 9 June 15 June 23 June 1 634 June 21 103% June 29 104% June 83% June 1 87 34 June 75 1 June June 1 78 4434 June 1 45 June June 117 June 16 11734 June 106% June 25 108 June June 29 2 50 m June 17 10734 June 17 June 100 2i 9934 June 15 95 June 11 104% June 1 93% June 18 108 92 5 13 19 7 5 17 21 5 15 16 20 3 June 29 100% Feb. 9 634 June 29 14% Jan. 6 103% June 29 107 8334 June 74 May 44 May 11634 Mar. 10634 June 5 1 100 Jan. 8 1 10734 Feb. 3 27 9734 Jan. 16 10 51 Jan. 7 31 126% Jan. 21 25 110 May 1 June 28 110 Jan. 4 8034 May Apr. 6534 June 6534 June 65% June 94% June 10 88% June 85% June 16 9534 Jan. 21 73 3i June 25 92 69% June 10 6834 June I 68% 92 June 10 June 10 1 June 1 June 30 June 3 June 15 June 8 113 Jan. 9934 May 26 10434 Feb 103 105 96 Mar. 18 10934 Jan. Apr. 3 10634 Jan. June 29 104% Jan. 110% Apr. 100 84 91 Apr. 15 14 27 6 112% May 7 1 10434 May 14 Mar. 17 8634 Apr. 8 10034 May 19 6934 10634 Jan. 27 108 47 100 22 3 Mar. 19 107 Feb. 5 Jan. 20 Jan. 10 May 0 Jan. 14 9934 June 15 10534 Jan. 26 9434 May 21 104% Jan. 12 102% Feb. 2 105% Jan. 23 9334 June 18 105 Jan. 4 ,_r June 26 105% June 29 105 88% June 14 104 Jan. 105 Mar. 29 118 Feb. 10134 May 14 10734 Jan. 90% Apr. 9 99% Jan. 83 June 29 9734 Mar. 97 June 11 10634 Feb. 94 June 29 102% Jan. 100% Mar. 25 106 Jan. 77% June 9 99% Jan. 84 May 19 10034 Jan. 107 Feb. 25 1093? Apr. 67% June 18 8434 Feb. 20 27 99% Jan. 12 3 121% Jan. 10 22 8434 Jan. 22 24 85 Jan. 22 23 8434 Jan. 22 89 June 29 101% Jan. 7 90% June 2 102% Jan. 12 7334 June 25 77 99% June 11 101 10634 June 18 108% 10534 June 5 106% 96 June 29 10134 101% June 11 8634 June 17 91% June 25 6 26 Feb. 23 60 Feb. 16104 5 7 1 June 28 105 June 1 81% June 1 85% June 11 117% June 1 118 June 9 89 Feb. 19 Mar. 16 Jan. 30 50 94 7 100 6534 June 22 6534 June 24 65% June 23 Jan. 22% May ..... 109 100 55 89 103 90% 9334 90% Sale 1 June 15 June 18 June 1 12 "99% 166" "88"" "9534 91 June 71 77 9434 June 30 9534 June 105 Sale 10234 June 1 10534 June 2334 29 2034 June 3 2334 June 101 10234 100 June 21 10334 June 10434 Sale 10434 June 29 10534 June 10334 Sale 10334 June 28 105 June 40 9134 June June 11 9434 Sale 22% June June 12 1 June 29 2634 Feb. 9 Feb. 8 Jan. 28 Jan. 28 Feb. 30 Jan. 8 Mar. 16 105 Jan. 14 10634 Jan. 14 99 Jan. 1 93 Apr. 49 3 8634 100 Apr. 9534 June 4 27 June 94% Jan. 3 l .90% 106 90 2 8 June 16 5534 June June 10534 106 10334 Sale 105% Sale June 39 June 34 10634 Mar. 17 109 Jan. 9934 May 5 10134 Jan. 66 June June 105 18 Mar. 31 10034 Jan. June 24 11834 10034 June 29 102 80 June 22 8534 81 Sale 8034 June 29 85 97 Sale 9434 June 29 100 88 9034 9034 June 29 95 10134 10134 10134 June 12 10234 9934 Sale 105 9334 June 22 113 76 77 105 June 21 Mar. 22 104% Feb. Mar. 13 103 34 June 98 June 10 June 12 49 June 2 June 19 105 June 16 June 15 10434 June 7 103 94 9634 93% 95 11734 11834 113 116 Sale 10034 101 8234 Sale 8034 Sale 93 June 1 June 11 47 104 a. 452,000 Ogdan Get Co 00— ...1940 337,000 OhioPowar 0s terieaB...1952 1 Jan. 10134 May 18 105 Mar. 5 3134 Mar. 9 3334 Apr. 13 June 18 June 16 June 17 3 106 June 24 50 10334 105 10434 Sale 102 85 June 85% June 16 85,000 Nor Indiana GAB 6s 5 "June 30 10434 June 11 *5s stamped..........1942 *6s series A ......1949 55,000 N Y A Westchester Ltg 5s '04 197,000 4s 2004 128,000 Nippon Elec Pow 634*—1953 597,000 Nor Amsr LAP 534* A 1956 296,000 Nor Cont Util 534* A 1948 69 9234 June 28 101 90% June 55.000 N Y Cent Elec 034a 1950 140,000 N Y Pa A O RR 434* *tpd.l950 1,787,000 NYP ALCorp 1st44*.. 1967 1,297,000 N Y State BAG 434*. 1980 June June June 97 8134 June 93 Apr. June 30 June 10 June 4 Jan. 2034 Mar. 29 91 1 8034 June 7 June 29 7534 June 12 June 17 10034 June 1 101 106 10434 Sale 10434 Sale II 23 10134 Mar. "I 7634 June 30 7434 Sale 10034 Sale 1 634 June 76 73 7 108 "53~" Sale" 5 3 June 26 June 11 June 29 66 1 8634 June ----- 634 Sale 65 June June June June June 107% Sale 10734 June 30 10734 8634 89 86 June 25 91, 11034 11034 June 28 111 10734 10634 10734 10634 June 18 10734 6834 Sale 6234 6434 6134 June 17 6834 6834 Sale 6234 Sale 6234 June 21 6834 72 70 5934 Sale 5934 June 30 67 106 Sale 1043i Sale 10434 June 28 10634 111 107 Deb 0Ho 1954 Orleans Pub Serv— New 97 99 107 10734 9034 Interstate Public Service 557,000 16 9834 June 14 8134 June 14 1951 0S G registered._______ 1951 Indians Gen Service 5s..l948 Indiana Hydrc-Elec 0s A.1958 Indiana Ac Mich El 0s 1957 "June 91 1953 5s series C June 9334 9534 June 28 10134 100 June 28 103 34 9134 June 30 9734 A—1947 »«rie« B ■ 90 13 106 Apr. Mar. 17 10934 Jan. 12 9734 Apr. 28 10234 Feb. 9 2534 June 22 9734 June 8 8034 June 6s sarlM B—1949 262,000 Idaho Power Go Ss 102 108 June 29 June 28 103 34 June 10334 June 5,000 *Hungarlan-Ital 70,000 Highest Sale Prices 5L_ BONDS (ClmttsMd) 177,000 Hackenaack Watar 0a A--1977 . RANGE SINCE JAN. 1 CURB EXCHANGE June 23 10734 June 29 10334 June 9 10534 June 10 10634 Apr. 1911134 Jan. 7 10434 Jan. 20 10634 Mar. 24 103 Feb. 11 10534 May 1 10734 June 29 11034 Feb. 8 103% Mar. 5 10634 Apr. 27 105 Jan. 2107 Apr. 27 NEW 52 AGGREGATE YORK EXCHANGE CURB RANGE SINCE JAN. 1 PRICES IN JUNE SALES Price NEW YORK CURB EXCHANGE _ In Since June Jan. 2 Jan. 1 1937 Bid BONDS {Continued)— S % 137,000 154,000 34,000 1,158,000 Okla Nat Gaa 4 Ha A 1951 1,421,000 Conv deb ----------1946 475,000 Okla Pow & Water 5a A—1948 24,000 55,000 88,000 Pacific Coast Power 5a—1949 488,000 Pacific Gaa & El 6a B 1941 Ask 99$* Sale 103$! Sale 94$! Sale 105 H 106$* 119 120 $£ Lowest 97] 101J 88] Sale Sale 79,000 55,000 44,000 53,000 31,000 2,000 310,00 96,000 116,000 100,000 9,000 24,000 4,000 16,000 18,000 23,000 56,000 32,000 8,000 32,000 29,000 Pub Service Co 66,000 18,000 54,000 49,000 82,000 94,000 65,000 91,000 344,000 180,000 102,000 16,000 32,000 4,000 1,000 42,000 32,000 143,000 2,000 4,000 3,000 15,000 91,000 4,000 58,000 19,000 37,000 13,000 37,000 160,000 257,000 102,000 92,000 77,000 June 18 98 June 22 102 86$! June 24 85 Sale 104,000 Quebec Power 5a——1968 214,000 Queens BoroG A B *$*a„1952 49,000 ♦Ruhr Gas Co 6 H« 19,000 ♦Ruhr Housing 6Ha 67,000 15,000 65,000 40,000 44,000 . 33,000 32,000 36,000 66,000 132,000 109,000 14,000 181,000 131,000 28,000 18,000 27,000 27,000 31 104 Sou Carolina Power 5s—1957 1,642,000 2,175,000 2025 Southeast PAL 6a Sou Calif Ed 3«s„May 905,000 946,000 11960 3$*a series B July 11960 Debentures 3$*a——J945 1st A ref mtge 4s...—1960 391,000 Sale 70 Sale Sale 107 101$* 106 Sale 25 133$* 133$* 105$* 106$* 105$* 110$* Sale 110$* 103 $* 103$* 103$* 1033* Sale 103 103$* Sale 103$* 107 104$* Sale 100$* 105 105$* 105 26$* Sale 106$* 110 25 30 103$* 104" 104 104$* 68$* 71$* Sale 100 Stlnnes (Hugo) Indus— 164,000 7s 2d stamped—..—1940 165,000 78 2d stamped —..1946 293,000 Super Power of 111 4Ha—1970 369,000 4 He 1968 54,000 Syracuse Ltg 5s B ...1957 62,000 1st A ref 5Hs—.—1954 ..... 39,000 22,000 643,000 319,000 28,000 604,000 1,687,000 31$* 31$* 103 107$* Sale Sale 103 68 " 92$* 106$* 109 111 Sale 104 Sale 76 93 102 Sale 103 Sale Sale 104$* 106 90$* Sale 89 45 45 47 47 104$* 105$* 104$* 105$* 107$* 108$! 107$* 108$* fenn Elec Power Ss......1956 95$* Tenn Pub Sery 5s...—..1970 81 96 83 103 71 70 71 56,000 85,000 226,000 49.000 51,000 476,000 6a 2022 Sale 73$* 70 70 Sale 70 Sale 97 69 72$* 98$* Sale 37$* Sale Tide Water Power 5s A—1979 Toledo Edison Co— 901,000 11st mtge gold 5s—.1962 1,609,000 Ftoitt City Rap TrSHs A.1952 1,275,000 49,000 49",000 49,000 3,000 28,000 18,000 23,000 45,000 Ulen A Company— 6s 3d stamped....... 6s 3d Stamped c o d 6s 4th stamped.. 1944 — 81$* Sale 68 71 Sale 31 94$* Sale Sale 76$* Sale Sale 50 50 32 31 Sale 91$* 92$* 102$* 101$* 105$* 331,000 Without 52,000 147,000 50,000 1,488,000 238,000 114,000 1,156.000 24,000 17,000 467,000 164.000 Deb 6s 5Ha....... 6s series A Deb 6s series A... For footnotes «ee page 53* 1952 Sale 73$* Sale 104$! 1952 1973 92 114 114$* 86$* 87 91$* 1 77$* 70 107 26 12$* June 8 103$* 102$* June June June June June June June 93 109 81 104 129 77 95 104$* 105$* 102$* June 103 88 June June June June 65$* June 28 63$| June 29 93 94$* 63$* Sale 33 Sale 94$* June 24 62 June 16 30$* June 18 68$* Sale 63 $| June 17 81 82 66 Sale 1 64$! June 26 80$* June Mar. 103$* 101 Mar. 104 May 15 103$* 105$* 105$* 98$* June 100$* Apr. 102 Mar. 99 Mar. May May 69$* May 103$* Jan. 100 76 Sale 50$* 81 106 82 Ill 72 Sale 18 Jan. 11 104$* May 21 June 29 107 27 Jan 71 68$* June 28 25 32 26 27 26 24 June 22 June 3 6 23$* June 17 5 18$* Mar. 23 29 47 105 Jan. Mar. 29 Jan. 23 11 108 Jan. 8 6 108 Jan. 107 Jan. 18 6 110$* Jan. 105 87 100$* May 11 106 67$* June 17 95 4 4 94$* June 24 102 1 30$* June 18 June 7l$* June 62 June 17 June 14 June 26 25 21 17 17 28 29 June 16 May 19 95 95 77$* June 10 74 June 10 105$* June June 26 Mar. Mar. Mar. 95$* Mar. 21 18 8 8 9 9 96 Mar. 8 96 Mar. 8 96 Jan. Mar. 44$* Jan. 98$* Jan. 85$* Jan. 14 8 8 21 26 17 17 25 3 15 16 Feb. 23 Jan. 9 801 Jan. 4 98$* June 15 106 May 25 40$* Feb. 10 Feb. 5 June 29 106 Feb. 4 106$* May 10 113 90$! June 30 104$* Jan. 23 104 2 109 June 12 47$* Jan. 9 46$* May 14 49$* June 28 66$* Mar. 19 20$* Mar. 25 19$* Mar. 18 71 69 June 17 June 14 8 102$* Apr. 79 79 103 103 81$* June 24 June June 30 108$* June 18 2 69$* June 29 72$* June Jan. 30 75 1 7 8 2 66 106$* Jan. June 22 June 22 6 Jan. 37 Apr. 29 50$* Jan. 49$* Jan. 37 May 3 May 102$* Mar. 24 106 102 Mar. 23 106$* May 106$* Mar. 2 107$* June 107 Jan. 18 109$* Mar. 78] 64] 54$* June 10 May May 26 103$* Jan. Jan. Mar. 23 104 June 22 104$* Jan. June June June June 63$* June 3 72 June 30 65$* 67$* 63$* 65$* 9 20 109$* Jan. Mar. 74 93$* 99$* 85 9 2 101 Mar. 104 Feb. 104$* Feb. 105 66$* June 91$* June 90 $* June 99$* Mar. 99$* Apr. 103 Mar. Mar. 103$* Jan. 6 107$* May 18 3 82 26 5 Apr. 11$* June 10 5 22 14 71$* June 21 Mar. Apr. 13 94$* Jan. 5 60 June 5 19 May 3 Apr. 20 Apr. 29 Jan. 15 79$* Feb. 26 25 5 June 22 June 22 94$* Jan. 89$* Jan. 107 Jan. 14 19 14 P6$* Jan. 23 Jan. 89$* Jan. June 30 115 69$* June 29 Feb. 53$* Mar. 22 55 June 10 108 June 26 105$* June 16 105$* June 26 June 28 106$* 4 103 June 28 104$* June 4$* June 5 103 J* June 26 108 June 26 Mar. 20 117$* June 2 111 June 3 114 68$* 81 Sale 104$* Sale 68$* 70 Jan. 104$* Jan. 25 108$* May 26 Jan. 6 100$* Apr. 12 107 Jan. 26 127$* May 6 132 107$* Feb. 23 110$* May 27 49$!"June"28 55"""june*Io 71 74$* Sale 69$* 69$* 69 103$* Sale 103 6 12 19 18 107$* June 26 108$* June 75 June 12 79$! June 50$* June 15 11 May 26 Jan. 96 22$* Mar. 16 71 107$* Sale 5 19 92$* Jan. 73 70 June 12 66$* June 29 70 98$! June 15 101 $* June 5 99$* Sale June 25 30 June 25 30 29 30 4 June 29 105$* June 104$* Sale 104 110 June 1 June 23 106$* 107 90$* June 30 95$* June ,8 90$* Sale 66$* 14 101 7 102$* Jan. 25 97 June 69 $* June 37$* June 67 Sale Jan. Jan. Jan. 112 June 25 101$* Mar. 65$* Sale 65$* Sale 67 67$* May 21 105$* Apr. 21 1 104$! June 21 67$* June 17 65$* June 21 67$* June 17 22 147 Mar. 24 22 Mar. 4 28$* June Jan. 4 102 14 105$* Apr. 29 101$* Mar. 30 101$* Mar. 73$* June 70 June 73 June 70 June 70 June 70$* June 68$* Sale 102 Jan. 8 Mar. 2 Feb. 10 Mar. 5 103$* Mar. 108$* Apr. 1 29 104$* June 8 28 22 7 85 June June 17 Jan. 22 98$* June 98$* June 18 Feb. 66$* June 22 91$* June 21 90$* June 23 30 19 23$* 107$* Apr. 28 108$* June 9 105$* June 8 June 19 June 19 130 June 22 110$* June 1 24$* June 14 26 30$* 28$* June June 17 102$* 102 106$* June 28 107$* June 103$* 102 June 103$* 102 19 June 104$! June 130 Feb. Jan. Jan. Apr. June 22 11$* June 77 108 107 71 jl07$* June 110 15 18 Jan. 30$* Jan. 105$* Jan. 4 1 June 19 * 100 104 June 18 June 2 June 29 June 9 June 7 June 11 June 1 June 9 June 7 June 9 June 10 June 22 111$* Jan. 62$* Jan. 106$* Jan. 102$* Jan. 18$* Apr. 3 17 1 4 5 12 15 7 23$* June 17 —— 75 .....1959 United Lt Ac Rye 5Hs 1 105$* ,105$* 105$* 103 104$! 105$* 103$* 104 103$* 104$* 103$* 104$* 105 113$! 115 112$! 113$* 113$* 105$* 1974 1975 June Jan. Mar. 9 Mar. Feb. 20 108$* Mar. 18 112 88 June 8 99$* Mar. 15 4 June 23$* June 17 54 1945 1941 Itl 25 53 71$* Sale 23$* 27 23$* 27 warrants...... 28,000 'United Indus 6Ha... ♦1st 6a 61,000 363,000 United Lt A Pow 6Hs June 30 June 21 72$* June Sale United Elec Service 7a...1956 30,000 1,000 11,000 Jan. 25 June 23 70 June 7 92$* June 3 95 June 2 Sale 100$* June 25 103$* June 21 Sale 100$* June 29 103 $* June 10 June 9 4106 105$* 105$* June June 18 2107 106 June Sale 47 104$* ,105 116$* 117 108 50 June 18 43$* June 45 June 22 42$* June 106 June 4 104$* June 29 104$* 106 105$* 106 June 29 106$* June 7 106 106$* 105$* Sale 105 107$* June 29 107$* June 25 107$* 108$* 107$* 108$* 107 110 108 110 108 106] Apr. 23 51 106$* Sale 94$* Sale 105$! 109 Sale Sale 106$* 108 Uh 30 26 45 Sale 49 m 1 103$* June 76 Sale 48 110 103 11 June 12 104$* June 30 101$* 100 Sale 1 135 June 29 104 104 Sale 45 1950 210,000 4Hs....... ...1957 5s series B 1967 119,000 1949 142,000 United Elec of N J 4a Sale 46 105$* 102 June 103 103 103$* 103 43 40 1944 Union Electric Lt A Pow (Mo) 5s series A ...1954 Sale Sale 44$* 112 38 ?9|* June 14 103$* 104$* 103$* June 74 June Sale 74 Sale 93$* June 95 93$* Sale 101 $* June Sale 102$* Sale 85 June 87$* 86$* 88 105$* Sale 66$* Sale 105$! 105$* Texas Power A Lt 5s.—.1956 June 22 105 103$* Sale Sale Sale Sale 1960 25,000 {♦Texas Gas Utilities 68—1945 1,353,000 105 Sale 69 101 1953 6H« series A Texas Elec Service 5s Sale 111$* 110 107 Terni Hydro-Electric Co— 235,000 2,000 248,000 2,000 June 103$* 103$* 73$* June 133 25$* 28$* Sale June Sale 102 93$* Sale 102$* Sale 102$* Sale 106 Sale 106$* Sale Sale June June 110 71 93 June 98 25$* 23$* 32 26$* June 8 14 16 2 2 18 9 106 June 17 June 73 107$* 107$* 107$* 105$* Sale 181* 104 104$* 103$* 104$* 103$* June 10 June 29 105 8$* 10$* 100 Sale 110$* Sale 24 June 70 12$* 13 12$* Sale 108 Sale 107$* Sale 105 Sale 104$* Sale 128$* 130$* 127$* 130 102$* 106$* 102$* 102$* 102$* June June 79 20$* 107 71 ffig III 105$* June 106$* June 77$* Sale 24 24 22$* June Jan. Jan. Jan. Jan. June 30 105$* Jan. June 30 103 Jan. 107$* Mar. 88$* Mar. 14$* June June 29 111 90 1 June 66 June 23 3 91S June 11 18$* June 9 8 8 117 Mar. 4 93$* Mar. 17 102$! Mar. 29 105$* Mar. 105 9 June 23 4 Mar. 24 102$* Jan., 105 109$* June 98 Sale 72$* June 76$* June Sale 104 100$* 101$* 88$* Sale 40 41 6s .1951 June 108$* June 90$* June 14$* June 98$* 98$* 18?* Sale 1966 — 107 Jan. Jan. 19 11 19 99$* June 89$* June May 100$* May 1 June 16 June Sale 146,000 Standard Invest 5Hs——1939 2,829,000 {Stand Power A Lt 6s 1957 1,751,000 ♦Starrett Corp 5s —.1950 6s June 25 Sale 90$* 90$* Sale 89 91$* 91$* Sale 90$* Sale ♦6s Cony ctfs of depositl935 June 24 96 107 102 108 June 71 97$* 24$* 100$* Sale of California 4$*a 1968 103 85 606,000 Southern Indiana Ry 4a.1951 225,000 S'western Assoc Tel 5s A.1961 102$* 504,000 Southwestern LAP 5s_. 1957 103$* 280,000 Southwestern P A L 6s. .2022 99$* 626,000 101 June 15 Sale 71 98 QQ w 113$* 103$* 103$* 103$* 106 78 79 378,000 1,816,000 1,573,000 June Sale 107$* 106 1 155,000 S'western Pub Sery 6s A.1945 661,000 {♦Standard Gas A Elec 6s.'35 990,000 ♦6s Certlfs of deposit.. 1935 516,000 ♦Conv 6s 1935 'ip Sale , 99] 89] 106] 102] 69 65 Sale 105 102$* June 23 108 115 Mar. 24 119 94$* 95$* June 7 97$* June 16 2 113 June 16 113$* June 7 70$* June 4 76$* June 99$* June 1 102$! June 23 Jui,e 10 90$* June 29 95 96 4 96 June 30 100$* June 88 88 June 30 91$* June 9 June 106$* 107$* 107 Sale 102$* June 24$* 21$* June 106$* 144 96 Apr. 9 100$* Jan. 96$* May 17 108$* Jan. 86 June 24 100 Jan. 113$* 70 $* 101$* 90$* 109$* June 110$* Sale June 88 91$* 88 Sale "21$* 432,000 {♦St Loots Gas A Coke 4s-*47 17$* 311,000 Safe Harbor Water Pr 4Hs *79 106 661,000 San Ant Pub Serv 5s B—1958 106 \ 30,000 San Joaquin L & P 6s B..1952 132$* 52,000 Sauda Falls Co 5s 1955 108$* ♦Saxon Public Works— 49.000 6s—— —1937 145,000 ♦Schulte Real Estate 6s..l951 387,000 Scrlpps (E W) Co 5 Ha 1943 26,000 Servellnc 5s 1948 641,000 Shawinlgan W AP4$*a—1967 106,000 4Ho series B 1968 331,000 4H* series D--—...—.1970 188,000 93$* Sale A—1958 163,000 Sheridan Wyo Coal ft—1947 90 103$* 24$* 105 1953 Sale 109$* Sale 142 421,000 6% perpetual certificates 103,000 Pub Serv of Nor Ills 5s C-1966 104 303,000 5s 1956 112 213,000 4^s series D 1978 102 354,000 4^8 series E———-.1980 102 923,000 4Hs series F 1981 103$* 402,000 4 Ha series I —1960 105$* 626,000 Pub Serv of Okla 4s 1966 2,685,000 Puget Sound PAL 53*8-1949 1,076,000 5s series C -—.——-1950 88$* 1,297,000 4tt« series D 1950 June 11 June 4 90$* June 12 102$* June 23 105$* June 105$* 105$* 103$* 103$* June June 29 117 116$* 116 116$* Sale 116 Sale of N J— Southern Counties Gas 26,000 111$* 97$* Sale Prices 86 Pacific Investing 5a A.—1948 97 97$* 97$* Sale 300,000 Without warrants.-101$* 102 $* 113$* 114$* 113$* 116 23,000 padfic Ltg 5c Pow 5s 1942 115$* 118 72 Sale 87 $* Sale 74$* Sale 1,926,000 Pacific Power A Light 5a. 1955 102$* 103$* 101$* Sale 40,000 Palmer Corp of Lt 6a——1938 102$! Sale 91 Sale 93 $* Sale 1,777,000 Penn Cent Lt & Pow 4Ha 1977 105$! Sale 129,000 5a 1979 105$! 105$* 100$* 102$* 97$* Sale 88 Sale 90 Sale 908,000 Penn Electric 4a series F.1971 Penn-Ohlo Edison 6a—1950 Sale 100$* Sale 105$* 105$* 305,000 without warrants 93 91 Sale 457,000 BHe series B 1959 104$! 105 Sale 107 Sale Sale 226,000 Penn Pub Serv 6s G 1947 106 103 Sale 102$* 106 120,000 5s series D— ————1954 106 Sale 107 108 85,000 Penn Water Ac Pow 4H«—1968 105$* 106 109$* 107$* 108$* 292,000 5s 1940 110$! Sale Sale 90$* Sale 99 98« 949,000 Peoples Gas Lt Sr Coke 4s B'81 Sale 15 Sale 27 275* 938,000 {♦Peoples Lt 5c Pow 5s—1979 1,063,000 Phlla Elec Power 5 Ha—-1972 109] 96$* 197,000 Phlla Rapid Transit 6s—1962 Piedmont Hydro-Electric Co 62$* 668,000 6^s series A 1960 34,000 Pittsburgh Coal 6s 1949 106$! 228,000 Pittsburgh Steel 6s —.1948 105$* 64,000 ♦Pomeranla Elec Co 6s.-.1953 567,000 Portland Gas A Coke 5s. 1940 "78$! 315,000 Potomac Edison 6s aerE. 1954 106 235,000 aeries F 1961 106 76$* 128,000 Potrero Sugar 7sstamped 1947 130,000 Power Corp of Can 4H> B 1959 100 191,000 Power Securities Corp 6s. 1949 100$* •: 20$! 13,000 ♦Prussian Elec 6s.———1954 Highest Sale Prices 97 97 A 50,000 11,000 147,000 6,000 324,000 17 000 Lowest Sale Prices Ask 97$* Sale 98 98$* Ask Bid Bid Highest Sale Prices June 30 June 1 18 13 NEW YORK CURB EXCHANGE AGGREGATE SALES PRICES IN JUNE RANGE SINCE JAN. 1 NEW YORK CURB EXCHANGE Since Jan. 1 June 1 June 30 Lowest BONDS (Concluded)— Utah Power & Light 4#«1944 6a aeriea A ...2022 (JticaGai Ok El 5a R Highest Sale Prices 94 June 30 92 June 11 94# June 30 94# June 9 1952 107 June 5a aeriea D............1956 106 June 17 106 Vamma Water Power 5#* '57 Virginia Pub Ser 5Ha A..1946 92 80 87 5a aeriea B..... .......1950 Waldorf Aatorle Corp—♦5a Income deb...—.-.1954 Ward Baking Co 6a 101# 107# 106# 104 ..1937 Waah Ry & Klec 4a.—...1951 Wash Water Power 5a—1960 Western Newspaper Union— Cony deb 6a..........1944 West Penn Klec 5a 2030 73 102# 107# 108# 105 105# Sale 111# 113 97# Sale West United G 5c E 5 Ha A 105 Wheeling Elec Co 5s 1941 1944 105 Sale 107# Wis Minn Lt 5k Pow 5s 31 Sale 100 100# 105# Sale 106# 107# 103# Sale 50 Sale West Penn Traction 5a..1960 West Texas Utll 5a A 1957 55 106 Wisconsin P 6c L 4a A—..1966 Yadkin River Power 5S..1941 106# 106# 99# Sale 1937 ... June 1 June 17 98 92 June 18 June 19 June 23 June 17 97 # June 7 85# June 15 91# June 3 27# June 28 Highest Sale Prices Sale Prices 94 June 30 102 Jan. 12 92 June 11 103 Jan. 21 105 # Mar. 2 107 104% Jan. 26 106 June 102# Feb. Mar. 10 92 80 87 8 103 1 Feb. 15 June 18 104# Jan. 19 101 Jan. June 23 102# Jan. June 8 11 29 27# June 28 May 25 104# June 30 105# Apr. 14 100 104# June 3& 106# June 22 103 June 3 49# June Sale Sale 2 95 107 103 June 3 49# May 28 June 26 Sale 105# 105# 107 107 Sale 95 June 26 June 17 106 91 June 4 104# June 14 107# 108# Apr. 30 *91 June Mar. 18 Feb. 10 Feb. 27 4 95# Sale 106# June 28 93 June 28 103# 105# 105# 92# 106# 107 84# Sale 103# June 30 84# June 1 103# June 30 81# May 25 101# Sale York Rys Co Ss 1 107 102# June 14 103 .4a....................1946 Waah Gaa Light Co 5a—1958 Lowest Sale Prices 107 June 5 Apr. 26 FOREIGN GOVERNMENT AND MUNICIPAL Agrlcul Megs Bk Rap of Col— ♦30-year 7a Jan 15 1946 22# June *7#a stamped. ........ ._ Prov Banka 6a B._ 1951 1952 A June 8 21# June 9 1 9 95 94 15 25 June 23 25# 24# June 9 25 100# June 1 101# 98 June 1 100 Danish Gona Munlc 5Ha_1955 5s..—.1953 Danzig F k Wat'way Bo sxternal a f 6#a 1952 ♦German Cons Munlc 7a. 1947 ♦6a 1947 ♦tianbver (City) Ger 7a.. 1939 ♦Hanover (Prov) 6#« June 23 9 88# June 89# June ♦7s stamped...........1952 ♦Uoc» VaUey<Deptof}Rcpof Colombia extl a f 7a .1948 ♦Cen* Bk of German Stats A ♦6a 23 4 11# June 25 1947 4 22 # June 21# June ♦20-year 7a Jan 15 1947 ♦Baden (Gernany) 7s 1951 Buenos Aires (Prov) 65 21# 20# 23# 22# 20# 26# 14 1949 ♦Lima (City). Peru. 6Ha.1958 ♦Maranhao(State) 7a....1958 ♦Medellin (Colombia) 7a_1951 ♦7a issue of May 1927...1947 22# 22 # 16# 98# 23 # 25# 1# 1# I:*; 1# 1# ♦7a issue of Oct 1927—.1947 ♦Parana (Stateof). Bras 7a'S8 ♦Rio de Janeiro 6Ha..__195" ♦Russian Govt 6Ha. - .1919 ♦Certificates of dep..... ♦5 H« -1941 ♦Certificates of dep..... Santa Fa (City) Argentina ♦7a stamped..........! * No par value. a 67 # June 25# June 21 1 24 June June June June June 14 14 Sold lot cash Ex-dividend. * Bonds being traded flat* . 21 19 27 19 15# June 9 93 3 warrants. (Continued from page 40) from France, was the major development affecting the for¬ eign exchange market in June. The rate for spot francs, after weakening in the first few days of the month from 110.57 francs per pound sterling on June 1 to 110.90 francs on June 9, was held within a range of 110.87—110.91 most of the remainder of the during month, presumably through supporting operations by the French Stabiliza¬ tion Fund. The franc quotation in New York, which had closed at $0.0445% on June 1, thereafter fluctuated nar¬ rowly, in as much as the advance in the London-Paris rate in occurred simultaneously with sterling against the dollar. French exchange was a moderate The pressure against more clearly evident in forward quota¬ tions, which weakened sharply through June 20. The rate on three-month forward francs, which had been quoted at a discount equivalent to 7%% per annum on June 2, widened to a discount equivalent to 11% to 36% on June 26. on On the per annum on June 9, and same day, forward quotations the one-month franc contract reached a discount of 35 points, or the equivalent of 94% per annum. On June 28, however, owing to an oversold technical position in the franc market and to end-of-month requirements/ French exchange strengthened moderately to 110.52 francs per pound in Lon¬ don and to $0.0446%. in this market, these movements being accompanied by some narrowing of forward discounts. On the following day the French Government decreed a tempo¬ rary moratorium on commitments payable in gold or foreign currencies and "The a suspension of Bourse dealings. dishoarding of gold, which had been in progress Since the devaluation of gold bloc exchanges in September, 1936, and had proceeded at an accelerated pace with the development of widespread gold rumors in June 24# June 30 23 June June 9 100# June 9 18 26 1 June 30 26# June 30 1# June 1# June 1 # June 7 29 24 1# June 8 8 1 June 22 17# June 7 June 14 Deferred delivery sales, in which no account la taken in computing range, are given, below.* Pub Ser of Nor 111 4 #s E 1980, June 25 at 104# No sales r "w w.M with warrants, "x-w." without 19 June 30 , "W 1," when issued. extensive 7 25 7 24 June nUndertbe rule sales in which no account is taken In computing range, are given below: "vtc," voting trust certificate* "cons." consolidated. 1 1 22 4 17 #n-v." non-voting. t Reported in receivership. 24# June 18 22# June 14 73 a 4 June 19 8 3 "m." mortgage. Abbreviations Used Above: "cod," certificates of deposit rise June June June June June June June June "cum,** cumulative, r X early in the month June June "Conv." convertible, Deferred delivery sale, 1 June 26 June 8 June 14 3 16# June 23 16# June 4 Abbreviations Used Above (Cont .)- * Sold under the raid. 3 June 4 71# June ♦Santiago (Chlla) 7a ♦7a. —......1961 June June June 90# June 17 ♦Mtge Bank of Chile 6s -1931 Mtge Bank of Denmark 5al97J June 25 June 25 June Mendozn (Prov) Argentina 7#s-4a stamped 1951 Mtge Bank of Bogota— 8 April, reached an Cash sales, in which no account is taken inoom. puting range, are given below: Amer Light & Trac 6% pref, June 17 at 28 extraordinarily high point in the last few days of May early part of June; about $70,000,000 in gold was and the reported to have been traded in the London bullion market fixing time alone during the seven business days from May 29 through June 5, as compared with a total of $63,000,000 in the entire month of May, and $33,000,000 in March. Although the British monetary authorities were at reported to have bought large amounts of gold during that week, the dollar equivalent of the London gold price fell from $34.70, 7c. below the nominal New York shipment parity, to $34.61 on June 4 and 5, and the dollar-sterling quotation receded from a closing rate of $4.94*4 on May 27 to its low of $4.92% on June 3, as even the heavy gold sales to the United States did not quite offset the effects of the unusual demand for dollars on the part gold and others. of dishoarders of Following renewed denials by the United States ^and British governments that a .change in gold policy contemplated, the pace of dishoarding abated consid¬ erably. The pound-dollar rate reverted to above $4.94 and the dollar equivalent of the London gold price to the vicinity of $34.70. In the latter part of the month the British Gov¬ ernment proposed to Parliament a further increase of £200,000,000 in the resources of the Exchange Equalization ac¬ count. It has been pointed out that a major part of the gold held in private Western hoards prior to the monetary realignment of September, 1936, has now passed into official monetary holdings. "Other principal foreign currencies, with the exception of the Dutch guilder, moved generally in sympathy with the pound. The belga appreciated from $0.1683 on June 3 to $0.1689 near the end of the month, and the Swiss franc rose from $0.2282 to $0.2293 during the same period. The guilder was (Continued on page 56) ■:r [■[•■v. •: MONTHLY AND YEARLY RECORD CHICAGO STOCK EXCHANGE RANGE OF PRICES ON Stock SalesJune Jan. 1 to June 30 AQGREOATE 1936 603,000 8,471,000 Shares . v* 820,000 June-. - 9,760,000 BONDS *1,000 Ask 2,600 2,550 3,700 150 200 700 1,300 1,900 10,850 700 17,200 320 STOCKS 200 Annex Hotel Co 60 27,850 250 3,450 200 1,000 950 330 650 200 950 2,100 750 4,100 ~2", 250 3,800 11,250 9,60C I.95C 11,710 32,400 14,300 114,980 50,750 15,100 85,450 9,900 48,950 450 2,250 1,500 50 7,650 950 300 """850 80 1,540 2,500 850 24,150 s 840 890 1,410 406 580 26,850 6,550 310 1,050 1,650 2,500 4,100 21,650 23,150 200 30 • 133* 8 33* 163,100 6,900 1,630 63* 7 73* 6 107 22 13 61 Sale 65 Sale June 15 63* 103* 113* 15* 603* June June June June June 21 163* June 10 June 7 28 29 29 June 8 113* June 8 17 23* June 1 83* June 30 6 65""june*30 13 June 30 17 53* June 30 12 533* 103* 73* 63* June 26 1 £ June June 1C June June Jan. 7 June 15 843* Jan. 18 63* 7 113* 13* 483* 83* June 28 16 June June Mar. June 6 May 33* Jan. £ £ 7 Jan. 29 17 24 30 20 6 100 "3".. 100 100 Club Aluminum Uten Colli* Coleman L'p & Stove com. * Commonwealth Edison...100 Compressed Ind Gases cap * Consolidated Biscuit com.. 1 Consumers Co com 5 aIIIioO ...100 100 5 35 100 1,900 Cudahy Packing Co pref.. 100 For footnote see page 56* ... June 26 12 43* Mar. 19 573* Feb. 18 17 22 Mar. 6 Mar. 30 Jan. 9 9 June 17 21 June 19 Jan. 173* 103* 19 Sale 183* June 28 20 June Sale 123* 343* 183* June 10 May »64 May 9H Jan. 323* Jan. Feb. Feb. Feb. Feb. May 143* Feb. 433* Mar. 833* Mar. 433* 193* 18 25 « Sale "n"" "I23* 38 June June 10 June 25 "123* 113* June" 7 123* June 21 Sale 33 June 14 383*, June Sale 413* June 29 50 June 24 June 2S June 1 113* June 73 323* 33 June 10 33 133* Sale 293* Sale 14 Sale Sale 13 June 14 293* Sale Sale 283* June 21 143* June 293* June 2 5 213* Sale 133* 14 Sale 20 ----- 2 23* 23* 203* June 29 19 27 123* 173* 19 263* June 14 123* June 25 173* June 30 27 123* Sale 32 13* 13* 143* June 203* June 4 7 June 10 133* 703* 15 Sale in 13* 153* 17 35* Sale 99 Sale 635* Sale 15 11 683* 70 Sale 333* 353* 123* 17 593* Sale 131 June 22 2 June 293* June 14 34 Sale 28 43* 90 48 Sale 6 Sale 25 65 43* 43* 13* 23* 3* Sale Sale 143* 105 3 118 119 46 49 93* Sale Sail* 5 35^ 16 J* 6* 43* 3* 3* 43* 1003* 43* 483* Sale 99 13* June 22 513* Jan. 5 293* June 14 15 8 2 5 3 33* June 2 June 30 19 63* June 17 June 21 1103* 75 47 June 17 5 June 14 203* 603* June 25 73 85 72 Jan. 7 June 17 80 June 2 43* June 8 3 10 100 113* 87 100 Jan. 20 Jan. 20 15 13 2 June 14 63* Mar. 8 43 June 30 45 June 1 43 June 30 48 25 Sale 24 June 15 25 June 29 20 May 28 32 Feb. 20 Feb. 2 59 59 June 29 53 Jan. 6 77 3 June 29 57 33* 13* 3* 14 Sale 23* 13* June 10 3* June 4 3* 13* Sale Sale 363* 41 53* Sale 104 June 16 106 ai* 104 383* June 14 June June 7 4 June 14 June 11 33* June 22 13 June 30 99" 105" 99 June 17 2 June 16 June 413* June 63* June Jan. May 23* June May 3 Jan. 103 Apr. 383* June 734 ill 3 June June 24 3 June Sale Sale 100 1 33* June 13* Juine 17 363* June 15 June 23 110 June 24 Ss 23* 7 3 75 23* June 17 Sale 83* 53* 63* Mar. Feb. 9 Jan. 29 Jan. 21 Jan. Apr. 28 ug 143* 104"" 5 June 29 13* 3* 3* 3* June 13* June 10 3* June Mar. 3 653* June 743* 37 5 3* Apr. 63* June June 22 June June June 30 '99 June 17 33* June 29 W June 24 108 June 11 2 48 June Jan; Mar. 1043* Apr. 183* June June 17 June 22 203* June June 29 233* June 193* Jan. June 21 27 25 7 8 June 263* Jan. 983* Jan. •: 116 90 15 9 Feb. 17 Mar. Sale Sale 73* 23 Jan. 43 107 1073* 1053* 1073* 106 203* 213* 183* 183* 19 6 8 63* 63* 73* 23 20 233* 213* Sale 25 28 25 29 303* 63* Jan. Jan. 50 123* ii Feb. 13 5 Jan. 22 Mar. 4 Jan. 3* Jan. 33* June 14 Sale 1073* Sale 223* Sale 5 45* 193* Sale 31 30 6 53* Jan. 30 Mar. 10 393* Mar. 11 19 Feb. 15 813* Feb. 19 77 13* 123* 23* 863* 76 "23* 105 Jan. 533* June 22 June Sale 33* Sale Apr. 10 3 June 10 3* 13* Sale 5 2 28 98 120 June 11 3 23* June 1 923* June 1 51 2 Feb. Mar. Mar. 65 June Feb. 14 29 30 15 Mar. June 10 June 50 June 24 1073* Jan. 6 Feb. 18 June 14 77 13 263* 2 14 9 11 15 3 19 6 12 13 10 1033* 105 1093* 413* Sale 53* 63* 47 5 June 2 June 30 June 17 June 21 June 17 6 10 283* June 21 14 108 75 13* 13* 123* 23* 863* 26J* June 11 Apr. 173* June 323* Jan. 603* June 25 3* Sale / Sale Sale Sale 16 603* June June 29 19 59 53 Sale 3* 3* 13* 43* Sale 433* Sale Sale 2 34 33* 86 s. 1043* 105 7 16 533* June 22 Sale 92 503* Sale 93* Sale 62 643* ft .3* 16 59 13* 123* 23* 15 23* June 4 123* 4 383* Apr. 28 [073* Jan. 15 Jan. 1 June June 57 Sale 13* Sale 12 78 75 Sale 34 28 18 11 13 4 19 203* 233* 303* 143* 3* 4 54 50 Jan. 28 Jan. June 24 4 June 21 .June Decker (Alf) Ac Cohn— Preferred 133* Feb. 27 19 20 c 25,750 Cunningham Drug Stores 23* 2,180 Curtis Lighting Inc com....* * 17,300 Dayton Rubber Mfg com Cum class A pref 35 3,400 150 Feb. 13 Sale Sale 20 18 17 323* 26 cap. -L......... 43 193* Mar. 27 62 Common 9 June 15 5 180 8,050 Mar. 16 3 27 46 2,550 400 18 173* Apr. 3 263* Feb. 19 233* Feb. 17 61 373* May 25 373* 113* Sale 113* 12 13* 2 48 533* 93* Sale 6 63* 53* Sale June 21 143* Feb. 3 16 May 25 35* . 13 June 21 June 30 103* June 15 113* June 223* June 163* June 543* Corporation....... June 22 103* June 15 11 16 28 3 22 June 15 1 Preferred. June 21 12 Feb. Feb. Jan. Mar. May June 33* Crane Co com..... 11 June 1073* 233* 253* 27 133* Sale 223* 233* 3* 100 Preferred... June 14 553* 173* 123* 123* 143* 16 54 Cord June 24 13 June 22 2 May 28 17 Chicago jkNWRj Com__100 V t 7 June 21 21 15 163* 153* 21 4% prior preferred 7% urn preferred June 14 63* Jan. 13 153* June 29 27 & Machine June 18 11 4 813* Jan. 21 733* Mar. 8 133* Apr. 17 17 163* jf 253* Chic 12 Sale June 14 June 1 June June 45 June 24 463* 123* 113* 83* 14 77 X Feb. 17 16 Mfg A Plexible Shaft com.o Participating ctfs 11 — Sale Sale 103* Sale *X:a Sale 930 Chicago Towel Co conv pref • 1 Common capital..... * 269,980 Cities Service Co com.......* 10 Sale 9 20 Sale 5 Chicago Electric Part ctfs "4s". June 14 Mar. 19 643* June 14 113* May 21 13 May 28 453* Sale 770 300 Sale 333* Sale 75 Sale 10 60 23* Sale 503* Sale 16"" "l03* II,030 Common 4,350 Participation preferred... 517,160 Chic Corp common 28,600 preferred, 5,600 1,380 20,000 11,100 29,350 167,800 3,720 2,060 Sale 11 12 5 Chicago Rys part ctfs 1 2,290 Part certificates4"2" June 10 7 10 16 153* 16 183* 193* 183* Sale 193* 203* 253* 26 pref part shares 50 650 Continental Steel com......* 1,100 16 173* 403* 633* Sale 73* 23* 10 22,850 19 46 52 13 1 630 June 18 11 Sale 73* Sale „ 1,410 20,400 20,250 45 113* 10 19 22 June" 14 "643* "June" 14 Sale 73* Sale 123* Sale 143* 103* 4 70 643* Sale 45 11 33* Sale capital..* — Sale 23 11 tot cl a 463* 48 12 3£ Sale 103* 12 83* Sale 123* 133* 185* _ 1,110 2,000 2,050 3,700 2,850 10 _ 965 90 9 8 703* Sale Rights 7% preferred 1,190 350 8 14 43 23,450 Canal Const Co convpref...* 8,300 Castle ACo(AM) com 10 9,700 Common (new) 10 2,030 Cent Cold Storage Co com.20 16,700 Central 111 Pub Serv pref...* Cent 111 Secur Corp— 60,450 Common _j 15,050 Convert!;ble preferred » 303,600 Central S W Util com ....50c 5,550 £r,or "en preferred 10,140 Preferred 4,480 Central States Pr 8c Lt pref. 2,276 Chain Belt Co com 3,400 Bu"ell cotn , Chic City 8c Con Ry— 280 23",950 12 11 22 280 Bucyrus Monfghan class A..* 185,950 Butler Bros common 10 29,450 5% convertible preferred 30 50 170 103* 14 113* Sale Sinks Mfg Co capital 1 Bliss 8c Laughlin Inc com ..5 Borg-Warner Corp com....10 Common (new)... 5 Brown Fence 8c Wire Common ttruc« Co (E L) com 65 14 * pref Highest Sale Prices 64 63 513* Sale 153* 163* 63* Sale 83* Sale com cap.. 100 frach 8c Sons (E J) 62 69 Par. Backstay Welt Co com * Barber Co (W. H.) com 1 Barlow & Seelig Mfg A com 5 Bastian-Blessinfi Co com • Bendlx Aviation Corp com_.fi Berghoff Brewing Co 1 „ 66 66 11 473,690 Armour 8c Co common 5 250 Aro Equipment Corp com 1 112,350 Asbestos Mfg Co com 1 8,750 Associates Invest Co com...4 24.75C Athey Truss Wheel capital..* 17.38C Automatic Products com...5 13,920 Automatic Washer con? pf.„* 160 """loo con? 643* 643* 66 16 5,700 American Pub Serv pref.. 100 Lowest Sale Prices 773* Feb. 82 82 83 173* 81 Abbott Laboratories com * Adams (J D) Mfg com • Adams Royalty Co com • Advanced Alum Castlngs___5 Aetna Ball Bearing common_1 Alnsworth Mfg Corp com 5 Allied Laboratories com....* Allied Products Corp cl A^25 Common.... ........10 Highest Sale Prices 64 62 80 680 Altorfer Bros 830 RANGE SINCE JAN. 1 Lowest Ask Ask Bid Bid 80 Certificate* of deposit. 6,000 1927 5,000 Chicago Rys 5s ctfs 5s class B ..1927 12,000 4,000 Met West Side El 1st 4s..1938 Shares. 24,450 4,980 20,500 99,750 4,850 1,450 28,000 — Sale Prices June 30 June 1 1937 Bid Shares $21,000 144,000 Jan. 2 Jan. 1 "i"66o 1936 $1,000 Price STOCK EXCHANGE % > ----- PRICES IN JUNE CHICAGO SALES 1937 Jan. 1 to June 30 Since In June Bond Sales 1937, , 6 7 90 63* June 14 63* June 12 53* May 15 85 Mar. 27 Feb. 19 3* Jan. 21 3* Jan. 23 3* Apr. 5 373* Feb. 11 108 77 Feb. 5 May 12 53* Jan. 18 Mar. 16 37 139 May 10 Jan. 16 Feb. If 12* d* 32 105 20 Jan. 22 Jan. 26 Feb. 10 24 Feb. June 30 Feb. 19 Apr. 19 53* Feb. 553* 1213* 1103* 263* 103* 283* 323* Feb. Feb. n 27 Mar. 20 Feb. 11 Feb. 15 Apr. Apr. 1 1 113* Jan. 12 90 Jan. 13 V July, 1937] AGGREGATE SALES June 600 14,250 13,200 106,150 168,160 1,670 4,350 20,900 42,650 §65 2,700 70 850 20 15)£ 520 290 Lowest Highest Lowest Sale Prices Ash Sale Prices Sale Prices 1 21)4 38 35 32 35)4 20)4 Sale 33 34 Sale 7 7)4 30 31)4 Sale 31 15 5)4 13 16 "58)4 ~60"~ 1134 434 13 May 1? 4 May ] 10)4 June 11 1 25 June 8 12 1 21 June June 20k June*3( 20k"June"26 31 7 31 June 1 June IS 35)4 June June 9 2 June 30 22)4 Jan. 8 7 June 18 June 15 32)4 June 1 31 June 15 52 25 June 4)4 8 62 *62"" "65"" *67"" Sale" 4)4 General Finance Corp com..1 Gen Household Util com....* 10)1 Godchaux Sugar Inc cl B—* Class A..................* ..... 40)$ Goldblatt Bros Inc com.....* 40 Great; Lakes DAD com....* 14 5H Sale 17 24 13% 5 Sale ..... 45 41)$ Sale 14)4 Sale "27"" "30" 25 25 24 Without warrants 35 18 8 June 15 41 Feb. 10 20% 35% 12% 40% June June 26 52 13)4 June 14 June 2 June June 5 57 8 June 29 15 20)4 58)4 14)4 4)4 3)4 1 20)4 June 17 5 June 15 June 10 June 11 5)4 June 3)4 June 17 5 4 1 June 35 42)4 38 37)4 34 )4 34)4 June 30 21 18)4 Sale 37)4 June" 9 18 June 24 20 June 2 10)4 9)4 11 10 June 11 11 June 2 16 14 June 24 June 12 16 June 8 9)4 June 1 8)4 June 28 10 June 1 23 June 9 23 22 52% June 21)4 June I 45 16 19)4 ..... 14)4 17)4 9)4 Sale 10 Sale 25 23 25 42 % 17 17)4 19)4 20 25% 20)4 14 9 8)4 42 15 Sale 9 9 22 25 23 June 9 21)4 52)4 15)4 25 55 52 June 18 16)4 16 June 7 19 52)4 Sale 14)4 16)4 19)4 21 24)4 40 June 17 June 1 10 17 11 29 18 17 5 May 25 34)4 June 30 18 June 24 14% Jan. 21 19 3 Feb. June Jan. June Mar. June 29)4 Jan. 36 Sale 4 Class B. 6,600 • 10,350 Hupp Motors com (new) 1 6,100 Rights.. 1,100 Common (old) 10 17,750 Illinois Brick Co..... J5 2,380 Illinois Nor Utilities pref.100 2,600 (ndep Pneum Tool v t c * New common v t c— * 2,800 1 2,120 Indiana Steel Prod com i lloOO 260 """366 1,050 6 9)4 May 18 14 Jan. 25 40,100 300 • 3)4 Sale n v "15)4 "16)4 109)4 83)4 85 6,150 78,100 8,100 300 150 12)4 9)4 2)4 cl A..* Inland Steel rights Sale 12 Sale 100 Sale 11)4 June 102)4 105 100 3 June Sale 3 9 Sale 2 8 — -- June 28 9)4 June June"! ::::i"22)i """— "14** III- "19k" ..... 20 9)4 20)4 11 23)4 24)4 21)4 Sale 22 40 8)4 19)4 Sale Sale 42 J arris (W B) Co capital 1 Jefferson Electric Co com— * 45 Sale 21)4 23 Sale 35 150 Joslyn Mfg & Supply Co com 5 43 Sale 46 9June"16 8 June 16 19 % June 30 20)4 June 12 37 June 24 40 June 14 45)4 June 26 46 June 30 28 June 16 9)4 June 26 8?£ June 14 28)4 June 15 12)4 June 3 9)4 June 3 21)4 June 11 23)4 June 24 5% 10% 38 50% 42% 29% Feb. Feb. May Jan. Feb. Feb. Mar. Jan. 24 8 26 2 3 26 15 28 20% Feb. 10 14 Apr. 3 20 9 1 25 52% May 17 21% June 4 23 Jan. 23 May 12 Jan. June 17 3 May 14 17 5 Jan. 8 27% Feb. 11 4 Apr. 20 % May 3 19 2 Apr. 19 11)4 June 3 19% Jan. 25 99)4 May 13 110 Jan. 7 Jan. 25 92 37)4 June 14 49 8 1 "~%"june ~2 5 8 June 7 19 80 38%"june"l4 June 30 3 Sale (wi) Capital-.-——--————* I 12)4 June 1 103 28 June June >64 May 2 Apr. *37)4 *45"" "37)4 "39*" "37)4 June" 14 100 Interstate Power $7 pref » 130 $6 preferred.. ........* 10,300 Iron Fireman MfgCovtc...* 10 350 3)4 Sale 21)4 June 8 3)4 June 10 Jan. 5% May 22 67 23 69 19 Mar. Jan. 20 24 8 9 4 June 15 Jan. Mar. Mar. 11 11% Jan. 22 13% Mar. 8 26 Feb. 4 8% May 14 8)4 June 28 - 500 Ind Terr Ilium Oil "2*566 22 52 20 4)4 June 15 38 ..... June 15 June 15 5 64 12 Mar. 31 17% Jan. 18 25 Feb. 9 June 3C 67 23 68 June 28 26)4 14)4 June 29 66 14)4 Sale 5)4 Sale 3)4 Sale 4)4 Sale 30 "iili "15"" 10 15 Sale 3 13)4 June 14 4)4 June 15 64 Sale 32% Jan. 24 36)4 Apr. 13% June 14 64)4 Sale 22 — " Sale Prices 10)4 June 11 18 June 3( 26 p i o)4 Sale 18 Houdallle-Hershey— 350 3,650 Highest < 20 :25 Sale k 5 1,720 Hlbb Spencer Bartlettcom_25 1,770 Horders Inc common ..* 2,200 tlormel 8c Co (Geo) com A..* ,,v RANGE SINCE JAN. 1 Dock 620 Heller (W E) pref w w ""*920 26 12 7)4 Sale 32)4 Sale Sale 41 39 4,990 Harnischfe<*er Corp com.. 10 53,950 Heileman Brew Co G cap—1 12,550 Heln Werner Motor Parts..3 3,900 20 10 % 7,700 Hall Printing Co com 10 2,350 Hamilton Mfg cl A part pf__10 """560 ?0 23 25 17% 21% 39 % *23"" "25"" 5,050 at Dredge Co com * 3,100 Fuller Mfg Co common 1 7,840 Gardner Denver Co com * 1,550 New common............ * 2,370 S3 cum conv pref 20 4,350 General Candy Corp A 5 250 450 30 20% 38% Class A'......—-———-* Pits Simons 8c Connell June Ash Bid P 21 17 Elgin Nat Watch Co 15 10 Empire Gas & Fuel 8% pf_100 200 Bid 26 Dodge Mfg Corp common...* Eddy Paper Corp (The).....* El Household Utl) Corp 5 2,250 1,800 1,550 55 52 3.550 20C 14,060 65,000 11,150 . Ask 33 Bid 31 Dexter Co (The) com...——5 Dixie-Vortex Co com........* 10 June 1 1937 1,430 8,150 2,730 3,200 / PRICES IN JUNE Price STOCKS Jan. 1 *""200 I Jan. 2 Share* Par 100 Deep Rock Oil conr pref * :iyW50 De Mets Inc pref.......*...* 10 130 700 EXCHANGE _ Since Share* r CHICAGO STOCK EXCHANGE In STOCK CHICAGO June 30 Feb. 13 Mar. 5 10% May 8 Mar. 15 ,4% Mar. 16 4% 216 May 24 % 96)| May 28 .100 20% Feb. 10 22% 9 Apr. 9 21 1 19)4 June 30 27 20)4 June 12 29% 37 June 24 51 45% June 26 46 June 30 28 Jan.* 8 Feb. Mar. Mar. Jan. Jan. Feb. Mar. Jan. Feb. Jan. 25 1 1 22 May 15 May 25 Jan. 25 15 Jan. Feb. 11 Feb. 13 Feb. 4 Calamasoo Stove- 560 44)4 46 15)4 Sale 1,450 Capital stock..... .....10 45,950 Kats Drug Co com -.1 50,630 Kellogg Switchboard com..10 8,250 1,630 ^680 3,660 ""*560 30 60 1,080 62,200 21,550 44,500 29,630 2,710 3,050 36,250 2,700 3,250 4,100 1,850 310 Preferred— 100 280 ..... 38 Kentucky Utll ]r cum pref.50 6% preferred 100 Ken-RadTube 8c Lpcom A..* tKerlyn Oil Co common 83)4 20)4 Kingsbury Brewing Co cap.l La Salle Ext Univ com 2 7)4 27 30 ■ 14*656 Preferred. ...........10 73,350 Lion OH Ref Co com ....* 40,000 Loudon Packing common...* 4,750 Lynch Corp common ......5 2,450 750 21)4 Sale 8 28)4 11)4 Sale 41)4 43 3)4 4)4 9)4 12 16)4 Sale 6)4 Sale 37 40 $3.50 preferred * 7,550 Lindsay Light com.....—19 9 26 10)4 Sale 9)4 9)4 81)4 100 25 )4 28 71)4 20)4 22 100 29 2)1 30)4 75 Sale Sale 2% 2 Sale 84)4 ~~9% Sale" 2,420 950 120 Sale ""2)4 Sale* -.5 Lawbeck Corp 6% cum pfdlOO leath 8c Co common * 12 48 12)4 9)4 —. ioon A..5 1,730 Cumulative preferred....* 10 3,180 Le Roi Co common 85,380 Libby, McNeill 8c Llbby 10 34,130 Lincoln Printing Co com ._.* 2,000 1,150 1,400 9% 21)4 65-4 38)4 41 8)4 Sale 27% 29 17)4 Sale 11)4 12)4 8)4 9)4 43)4 Sale 4 6 Sale 1% 2 2)4 Sale 44)4 8)4 Sale 41 25 29 16)4 17)4 11)4 12 8)4 Sale 25k June" 1 3)4 June 40)4 June 2 42)4 June 10 June 16 45% 9)4 June 26 16% 8)4 June 14 12% 96)4 Jan. 29 125 25 June 23 43% 72 \ June. 16 89 17)4 Apr. 28 28% 6 7% May 4 1)4 June 12 3% 1)4 Jan. 4 3% 38 Apr. 29 50 7)4 Jan. 4 13% 25 June 25 34% 16)4 June 17 19% 9)4 Jan. 2 15% 8)4 June 21 12% 40 May 8 45 4 Jan. 5 4% 9)4 Jan. 26 9% 16% Jan. 5 33 3)4 June 4 6% 38% Mar. 18 42 % 24)4 June 24 48)4 June 14 48)4 June 30 27)4 June 14 24% June 24 50 50 25 72 20 6 June 23 June 16 June 15 June 16 1)4 June 12 2 June 1 30 June 7 75 June 3 22 June 23 6)4 June 4 2)4 June 2 2)4 June 24 40 8 June 23 June 28 41 June 7 25 June 25 27)4 June 3 June 25 9 16)4 June 17 11)4 June 7 8)4 June 21 19 June 10 12 % June 22 9)4 June 5 40 Sale 40 June 15 43)4 June 1 4 Sale 4 June 1 4)4 June 2 Sale 10 34 10)4 26)4 Sale x32% Sale 3% 4 3)4 Sale 41 39)4 41)4 38 ...... 4 33 June 20 4 June 7 25 25 20 25 10 19 Feb. 4 Mar. 17 May 8 Mar. 2 Jan. 20 Jan. 22 Mar. 3 Jan. 26 June 30 Jan. 14 June 10 1 410 43 180 100 HcWUltarns Dredging Co 450 * 37,400 Hanhatt-Dearborn Corp com* 1,040 Mapes Cons Mfg capital * 86,150 Marshall Field A Co com—* 150 Masonlte Corp common.....* 1 60,460 Mer 8c Mfrs Sec cl A com Prior preferred....—.....* 1,350 240 Metrop Indust allot ctfs 80,050 Mlckelberry's Food Prod coml 334,100 Middle West Corp capital...5 Stock purchase warrants... 84,700 * 129,850 Midland United Co com Convertible preferred 35,000 * 5,270 Midland Util 6% pr lien.. 100 8,840 7% prior Hen..,...109 7% preferred A.........100 2,530 ""5,406 12*056 360 • *4*.750 24,850 8,500 7,750 2,300 380 180 100 40 930 6% preferred A....... 100 7.560 Miller A Hart Inc conv pref. • 770 500 9,250 Modlne Mfg 400 7,150 1,170 100 42 52)4 54 28)4 30 50 51)4 .....• com Monroe Chemical Co com Preferred....——...... 100 * * • 2,950 Nachman Sprlngfllled com.* * 2,970 National Battery Co pref 1,700 National Gypsum A n-vcom.5 -.10 87,050 National Leather com .2 13,050 Nat'l Pressure Cooker Co "5*306 200 2)4 Sale" 21)4 24 19)4 Sale 50 60 64 6)4 6)4 31)| 33)4 15 ""2"" "*2)4 "*1)4 ""2)4 22 30 24)4 Sale 22 28)4 23)4 Sale 53 46 . 57 Cumul. conv. pref... * 27 Sale 70 """loo 60 Okla Gas A El 7% pref 100 1.470 Ontario Mfg Co com—......* 700 2,150 """600 5,850 85 ■ I' 170 2/ 3)4 3)4 9)4 Sale 3 % Sale *2** 5% U, Sale* j* n 7)4 46 aI* 49 7)4 Sale 50 : 2,000 50 350 1,300 3)4 4)4 I 38 Sale 50 Sale 19 % 28 % 63 Sale 29)4 68 15 29 % 15 % 16 8)4 Sale 4 Sale 30 30 1)4 1)4 41)4 Sale AV* 42 13)4 Sale 11 27 71 25 39)4 115)4 21)4 28)4 41 28)4 22)4 Sale Sale 6 Sale Sale 12 page 66 25 June 21 7)4 1)4 )4 3)4 2)4 June June June June June June 14 17 14 24 18 16 1)4 June 5 1)4 June 11 3% • 35% Sale 7 47% 8)4 50)4 3)4 June 15 35 June 28 7)4 June, 17 47)4 June 118 26 k June 4 17 8 6 June 30 27)4 June 30 9)4 June 15" 28 20 28)4 26)4 2)4 Sale 51 55 15)1*16% 33)4 Sale 6)4 7)4 3 3% Jan. 2)4 June :.... Apr. 38 Sale 4 28 June 28 1)4 June 11 37% June 29 Sale 27 10)4 June 25 24)4 June 25 57)4 Sale 57)4 June 14 23)4 June 29 27 14 18)4 10 27)4 25 20 20)4 13)4 30)4 24)4 34 53 19)4 20 12 13)4 32)4 34)4 5)4 6 2)4 Sale "l9% Junfr" 4% June 16 25 June 21 31% 27% 2% 7)4 1% % 3)4 2% Feb. June June June June June June 1 30 17 14 24 18 16 29 5 June 14 1 4)4 June 4)4 June 2 2 3 2 4 1)4 June 5 1% June 11 3% June 15 June 35 June 28 7% Jan. 47 16)4 June 11 29)4 June 15 k 34 16 11)4 33 5)4 2)4 56 18)4 12 33)4 6 Sale 7 Mar. 27 21 11 16)4 June 11 27% May 17 Jan. 8 15% 7% 1% 12 10 29 20 11 31 22 Jan. 25 Jan. 25 Jan. 16 Jan. 28 Feb. 5 12% 9% 9% Mar. 5 7 4 22 4 Feb. 4 8% Jan. 8% Jan. 46% Jan. 18 13 2 15 5 10 Jan. 49% Feb. 40 Apr. 21 26 Feb. 23 22 Jan. 28 32 Jan. 14 79% Apr. 3( 2% Jan. 12 17 Apr. 9 June I June 1 14% Jan. Apr. 29 12% Jan. 30)4 June 1% June 3 28 June 28 2 7 36% Feb. 10 3% Feb. 16 37% June 29 16 44 June 6 k June 11)4 June 8 % June 14 6 1% Jan. 132 Apr. 9 5 25 June 14 63 June 2 31 Juen 5 20)4 June" I 5 1% June 9% June 16% 37 June 81 June June 29 54 106 Apr. 28 116 18% Mar. 30 21% 5% 10% 24% 57% 23% 13 27 June 21 27 June" 21 27 Feb. 9 June 21 June 25 23 June 25 23 June 25 53 June 2 11 18)4 June 18 12 June 33 June 29 19 5)4 June 3 2)4 June 17 1 )4 June 5 54)4 June 11 19)4 June 10 12)4 June 14 35 June 15 6)4 June 11 2)4 June 1 58 8 14 25 25 14 23 1)4 June 1% Sale 70 7 June ... 24 33 30% 4 Mar. 12 2 Jan. June Jan. Apr. Mar. Jan. Feb. Jan. Mar. Jan. 6 15)4 June 5)4 June 14 11 4 1 1 1)4 June 11 4)4 June 4 38 June I 9 June 7 51)4 June 2 2% 4% 12 125 5 6 54 Jan. )4 June 5)4 28)4 Sale 1% 1)4 4 3 )4 June """k "June" 14 "14)4 "16" 7 Jan. Apr. 22% Jan. 16)4 June 11 28% June 28 28 June 16 2 21 19 60 401 28)4 Sale 29)4 «*e 4k June" 16 3 3)4 4)4 Sale *20)4 Sale" 15 % For footnote* 2)4 June 2)4 June 110 29 % 1 June 28 65 Sale 14)4 com. 2§k 4 Sale ""6)4 ""7*" ""6)4 "*6)4 29 62,750 Pines Winterfront June 16 Sale 1)4 ... 25 6,100 480 57% Mar. 32 Jan. 65 1)4 Sale 12 19 % * 390 6% preferred...........100 5,000 Penn Elec Switch conv A. .10 • 4,300 Penn Gas A Elec A com 2,340 Perfect Circle (The) Co. 20,750 Pictorial Pap Pkg com 5 450 June" 2 3 8)4 Sale Convertible preferred 2,400 j 2)4 2 5,800 Parker Pen Co (The) com..10 » 27,800 Peabody Coal Co B com 300 Sale 7)4 Sale 2)4 Sale 34 % 4 4)4 2)4 4 i* 1)4 4)4 * 20 50 48% June 30 "2% Sale" "~2%~June~36 ""3k June" "7 Sale i Common ■ 41 2 "22)4 "27)4 "20*" "25*" ~20~" ~24~~ Oshkosk B'Gosh Inc— , 3 53 27)4 Sale National Standard— Common stock..........10 11,400 40,300 National Union Radio com.. 1 60,150 Noblitt-Sparks lnd Inc cap 5 69,950 Rights 30,150 North American Car Com..20 122,100 Northwest Bancorp com * * 9,185 Northwest Eng Co com 2,380 Nor West Util pr lien pref.lOS V**'.; 4,560 7% preferred...........IgO 48% Feb. 11 June June 26 3)4 Sale 12)4 Sale 5)4 Sale )4 Sale 7 6 5)4 Sale Nat Republic Invest Trust— 21,060 900 25 48)4 Sale " 10 Mountain States Pow pref.100 1,450 Muskegon Mot Spec cl. A. 230 ..... 32 50 ..... * 100 Mandel Bros Inc cap """166 50 40 4,190 McCord Red A Mfg "A" * 7,800 vfcGraw Electric com ...5 1,380 McQuay-NorrisMfg com. * 200 1% Apr. 28 51 Jan. 7 18% June 18 12 May 13 30 May 14 5% May 28 2% June 17 Feb. 12 3 Mar. 29 Feb. 5 Jan. 15 Mar. 8 Jan. 25 Jan. 25 Jan. 14 Jan. 19 15% 30% 29% 2% Feb. Apr. Jan. Jan. 23 16 18 25 55 Feb. 26 24% Mar. 8 17% Jan. 14 35 Jan. 11 7% Mar, 16 3% Feb. 1 CHICAGO 56 STOCK 600 W 50 : 150 Jx 450 1,750 160 350 . 1,450 :f 1,050 400 -; "2'280 50 1 S-fY,Sdo 1,200 400 900 310 *- 950 220 900 .■ . ; 1,520 Slryer Steel Castings com—* 24,650 South Bend Lathe Wks cap 5 500 910 200 150 1,740 1,070 57,720 33,150 2,850 11,250 17,450 62,800 39,950 220 40 9,650 5,250 150 s 250 1,250 5,400 2,800 200 Utility Power Ac Light cl A.l 1,560 Viking Pump Co common—* 550 20 5,150 - —• 16,060 Wuhi Co com 36,730 Walgreen Co com 1,600 . Preferred. 700 Ward 160 150 60 7,950 Wleboldt Stores Inc com Cum prior 60 700 10,860 3,650 1,700 2,600 5,900 91,650 36,300 10,750 62,950 • (Montgom) 8c Co cl A.* preferred— * Highest Sale Prices 3* June 3* June 14 5* Feb. 3 June 1 1* June 12 Jan. June 2 1 * June 17 70 June 25 Jan. June 11 Jan. 109* June 26 114 Apr. 20 Jan. 20 18 12 12 12 12 4 70 June 25 June 1 74 June 11 June 11 109* June 26 June 3 74 Sale aV/* 9 10 109 Jan. 18 .21 Jan. 20 Sale June 17 Sale June 14 24 20* June 11 28 June June 28 125* Apr. 23 150 18 May 20 4 Jan# 5 •1* June 17 June 11 2* June 2 12 30 25* June 25* Sale 30 26**37* 27 * 82 20 Sale 20 Sale June 29 June 21 June 1 11 26* 83 12* 29 32* 163 Sale 233 28 20* 22 23* 22* "5 6* 4* 105 )2 93 83* 15* 85 Sale 18* 4* Sale 4* 18 .— 20 11* Sale 25 25* 31* 12 Sale 25* 32 17* L0* 21* 24 20* Sale 9* 22 "*2* Sale" 5 Sale Sale Sale 32* June 14 35 31 Sale June 11 22* June 24 20* June 28 1 223 39; 23 40 223^ 39 h 4* 37* 5* 38* 2* 26* 145 ..... 21* Sale 19 21 16* June 29 June 16 June 28 98 96 90 72 18 Sale 73 Sale 90 73 1 June*"8 ;34 May June May June June Jan. Apr. 42 17* 9* Sale Sale Sale 23 Sale Sale 20* Sale 39* 41 June 14 June 15 * June 19 2* June 17 22* 23* 22* June 9 40 June 25 41 147 23 93 93 6 8 6* 7* Sale June 4 June 28 15* Jan. 2 4 Apr. 2 17* May 25 22* June 14 30 June 14 1 3 June 19* June 25 „ June 1 3* June 1 22* "June" 9 93 June 14 39 June 25 40 Feb. June June Jan. June Jan. 2* * 2* 10* 22 * 3* June 24 1 June 17 8 9* June 22 June 21 June 11 10 20 1 June 24 June 29 June 16 73 31* June 2 June 15 2 2* 2* 25 June 24 25* Sale 26* 135* June 2 138 136* 138 21 June 8 21 19* 20 Sale Sale 1 17 21* June 3 3* Sale * * 2* 2* Sale June 5 June 1 June 28 June 10 June June 11 8 June 17 19* June 25 9 8 10 Sale June June 21 30 6 May 22 90 92 76 20* 4* 18* 10* 22* June 14 30* 30 31* 19* Jan. 96 10 10* 20 22 L02* June 11 20 20 19* 81* 10* 28* 16* June 9 June 7 June 1 June 25 June 5 June 1 June 4 5 16* June 30 4* June 28 17* June 9 Sale ♦ c * 2 Yellow Cab Co Inc (Chic)..* Zenith Radio Corp com.....* Woodall Indust com value, t Formerly the A. & Stock split-up on a two-for-one No par dividend, .... Sale 8* 10* 17* 33 Sale 12 Sale June 625 £12,011. gold movement to and from the Port of New York were outlined as follows in the "Monthly Re¬ view" of the Federal Reserve Bank of New York for July 1: Details of the 5 12 15 31 35 Mar. 3 40 Apr. 22 Mar. 27* Mar. 26 11 6 9 Jan. 8 Jan. Jan. Jan. 7 107 95 83! 20* 26 28 6 May 7 Jan. 28 Mar. 2 20* 153 283 283 Mar. 8 Mar. 8 Mar. 8 33! Mar. 31 15* Mar. 4 May 22 23 9 Jan. 25 17 6* Feb. 4 Jan. 14 14 9 15 2 11 24* Feb. 23 Jan. 26 40 5 Jan. 20 49* Feb. 8 Feb. 15 26* Mar. 10 93 June 4 12* Feb. 1 2 156 135* June 20* Feb. 19 93 June 4 6 June 14 June June June 7* June 6* May 18 9* June 14 June 29 8* June 10* June 17* June 14 June 29 30 June 17 34* June 30 June 17 12 Mar. 6 15* Feb. 19 27* Jan. 14 40* Feb. 17 6Ex stoc stock. marked increase in the circulation of the Bank of {Continued from page 53) $0.5499 until late in June, 'but reacted slightly to $0.5489% during the course of trading on the 29th." Changes in the gold holdings of the Bank of England during June were as follows: For the week ended June 2, a decrease of £30,821; for the week ended June 9, an in¬ crease of £64,104; for the week ended June 16, an increase of £15,808; for the week ended June 23 an increase of £5,138,257, and for the week ended June 30, an increase 11 4* Apr. 14 14 Sale 32* Sale Feb. 87* Mar. Apr. 28* Feb. 95 Mar. 14* Mar. 26 19 June 15 June 24 2 June K. Petroleum Co.; change in title approved by stockholders April 13, 1937. a New basis, e 60% stock dividend paid Aug. 15, 1936* z Ex-dividend, y Ex-rights. held close to of 7* June < 9* June P 8* Sale 10 10* Sale Sale 8* Sale 13* Sale __ 30 21 ai 18 18 14 2 9 1 11 8 Apr. 20 34* May 10 Feb. Mar. 24 Jan. 21 June 30 5 June 30 89 4* _ 5 Sale 5 93 * . 23* 21* 22* Sale 23* 6 104 Sale 75 Sale Sale 18* 3* Sale 5 38* 21* 89 * 12* 30* 32* 23* 23* June 18 30* Sale 3* Sale Sale 4* 21 36* 12 11 Jan. 15 25 70 35"" Feb. Feb. Jan. 2 25* June 1 73 Mar. 12 June 14 22 .08 Sale" Williams OU-O-Matic com.. ... Jan. June June 28 112* June June 24 138 June 3 June 5 22* June 29 June 19 5 * June 2 Wisconsin Bankshares— Common Jan. June 17 _7 Convertible preferred 51,950 """"76 -v,,' common.25 Southw GAcE Co 7% pref.100 Southwestern Lt 8c Pow pfd_* St Louis Nat Stockyards cap * Standard Dredge cony pref.* Common .....* Stein & Co (A) common.....* Storkllne Pur com -10 Sunstrand Mach Tool com..* Swift Ac Co stk ......25 Swift Inteinacional 15 Sou Colo Power A 16,250 Thompson (J R) com......25 2 4,000 Trane Co (The) common 182,760 Utah Radio Products corn5 46,700 Utility Ac Ind Corp com 650 3,350 14,050 2,400 4,200 ^ Common ..............60 2,100 6% preferred..... ..I#® 2,310 7% preferred 10° 1,890 * 13,895 Quaker Oats Co com Preferred.—...——..100 1,380 10 4,000 Rath Packing Co com 40,650 Raytheon Mf< Co com rtc 50c 6% preferred ▼ tc 5 27,350 24,400 Reliance Mffl Co Common. 10 Preferred. ——100 140 15,130 Rollins Hos Mills conv pref.* 80 Ross Gear & Tool com......* 4,750 Sanfiamo Electric Co.......* Common (new). * 4,200 19,150 Schwltzer Cummins capital. 1 * 5,400 Sears Roebuck Ac Co com 1 11,550 Serrick Corp cl B com 3,650 Slgnode Steel Strap Co pf_30 Common * 11,450 Lowest Sale Prices 3* June 14 1* June 12 1* June 17 1 16,200 Potter Co (The) com * 59,800 Prime Co common 6,850 Process Corporation com...* 9,750 Pub Serf of Nor 111 com.....* 1,050 2,450 1,050 i Par Shares 8hare» i Highest Sale Prices June 30 June 1 1937 Lowest Sale Prices STOCKS Jan. 1 RANGE SINCE JAN. 1 Price EXCHANGE Jan. 2 Since In June PRICES IN JUNE CHICAGO SALES AGGREGATE EXCHANGE STOCK England. Premier Blum went before Parlia¬ ment to request drastic financial authority to deal with the fiscal crisis. Hie Chamber of Deputies gave M. Blum Early in the month substantial majority, but the Finance a Committee of the reported adversely and the Senate rejected his proposal. Throughout the discussion the Blum Cabinet persistently refused to disclose details as to how it proposed to utilize Senate the emergency powers which it requested, but the outline was revealed by the opposition speakers in bates In made no both houses. The Ministers of the attempt to deny these interpretations. of the United States rose approximately $330,000,000 further during June—by far the largest increase for any month since October, 1935. Concurrently, the inac¬ tive gold account of the Treasury increased and on June 25 amounted to $1,057,800,000. The accompanying diagram in¬ dicates the extent of the rise in the gold stock since devalua¬ tion of the dollar in January, 1934, and the increase since December, 1936, in that part of the gold stock held in the the government M. Blum's plan might be stated as follows: inactive account. general the de¬ "The gold stock "Imports affecting the gold stock totaled $202,800,000 dur¬ ing June, of which $145,000,000 from England, $20,400,000 from Canada, $10,600,000 from lYance, $4,800,000 from India, $2,300,000 from Switzerland, $2,200,000 from Co¬ lombia, and $400,000 from Holland came to New York. On the West Coast receipts included $15,300,000 from Japan, $1,600,000 from Australia, and $200,000 from Hongkong, in addition, $15,000,000 of gold was released from foreign account earmarkings at the Federal Reserve Bank of New York and receipts including by the gold stock from other sources, newly-mined and scrap gold, totaled about $113,000.000.". -. ' Canadian exchange during June ranged between a dis¬ count of 9/32% and a premium of 3/64%. CONTINENTAL AND OTHER FOREIGN EXCHANGE The critical situation of the French franc was nating factor in the foreign exchange market. The unsatis¬ factory position of the French Treasury, deprived of access to the Paris market for many months, even before M. Blum's assumption to the .premiership more than a year ago, compelled more or less disguised borrowing from the Bank of France even after the conclusion of the tripartite currency agreement last September. Direct advances to the State, which were formerly limited under the Poincare sta¬ bilization law to 3,200,000,000 francs as a permanent loan, aggregated at the end of May 23,000,000,000 francs. The situation became grave early in June and resulted in a heavy French funds into the London market and in the franc on gold at the lowest another revalorization of gold reserves at from (a profit estimated 8,000,000,000 francs). 3. Acquisition of the 10,000,000,000 francs then held by the stabilization fund (held mainly in currency at the time 6t debates), and abolition of the control itself, foreign securities—prob¬ 4. Control of French holdings of ably in the form of a government lien—thereby creating a second line of defense of the newly-stabilized franc in the event of grave danger. 5. Increased taxation to the extent of A,500,000,000 francs. the nation's economic structure back into working order without modification of the national 40hour week, to he effected by sterner opposition to labor ex¬ tremists and by application of the newly-raised funds to other remedies for the labor situation. The obstinate resistance of the Senate to the program was 6. An attempt to get explained as a sincere conviction that any threat or attempt lay hands on private security holdings abroad would be only partially successful and extremely unjust, and would result in creating a worse capital scare than any previously to witnessed. clearly evi¬ dent in May and even earlier, and in June became the domi¬ flow of 1. The 'Stabilization of limit permitted by the stabilization law (4.35c.). 2. Acquisition by the French Treasury of profits M. Blum and his Cabinet resigned resigned. They were M. Charles " June 21. With Rist, long regarded as an " : a on M. Camille Chautemps organized a new Cabinet, which was in effect merely a shifting of positions among the Popular Front Ministers. M. Blum became President of the Council of Ministers; M. Vincent Auriol, Finance Minister in the Blum Cabinet, became Minister of Justice under M. Chautemps, and M. Georges Bonnet, Ammassador to Washington, was made Finance Minister and returned to Paris on June 28. As noted above in the review of sterling exchange, it was disclosed that the equalization fund was exhausted. On June 16 two of the four directors of the equalization fund M. Blum's support, {Continued on page 57) &;-2S MONTHLY AND YEARLY RECORD Km yyy RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE Stock Sales 1937 June— Shares In -':H June' y $ 3,000 - 338,087 BALTIMORE STOCK E3CHAM0E SALES Since Jan. 1 (t;[ BONDS Bid June 30 Ask Bid Bid "92*566 33,550 6,500 y "2".66O 1,000 6,000 y 103% June T. 4,114 1,447 631 **686 1,593 366 Lowest 1975 1975 6s flat 1950 STOCKS. Highest Sale Prices Sale Prices Highest Sale Prices 1 Sale Prices « 8 103 % June 103% June 8 103% June 8 Mar. 22 16 113 110 June'25 il5% Ju'ne"25 115% Apr. 116 115 May 12 116 May 12 Feb. Jan. 113% May 114 Jan. 108 Feb. 4 119 11 6 113% May 28 115 16 108 6 "38% "39% 32" Sale "27"" "28" 28 45% 102% 37% Sale 33% —- 15 Feb. 16 108% Jan. — Feb. 15 108% Jan. 105 ——- 28 106% Jan. 15 14 8 June 25 32 June 1 32 June 25 37% June June 1 4 36 June 29 100 Jan. 28 99 47 June 25 41% Jan. June 25 48 Jan. 6 "67% June" "3 156%-*%*- 101% Sale" 101% 99% June Sale" 101 % June 99 June 29 104 Mar. 17 92 95 Ga Southern & Fla 5s 1945 Interstate Bond Go coll tr Shares 912 j A 5s flat B 5s Georgia Marble RANGE SINCE JAN. 1 4%8__ .1940 Atlantic Coast Line 5% ctfs.. Bait Transit Co 4s flat..1975 5,000 5% series BBB 1944-51 20,000 Read Drug & Chem 5^8.1945 Shares r? Bait Co 3d school 1936 $163,600 1,482,200 1,098,700 Lowest Ask 500 City 4s Dock Impt 1961 300 4s Paving Loan 1951 600 3% » New Sewerage Imp.. 1980 1,000 9,000 756,500 221,900 40,500 6,000 17,000 1937 $172,150 Jan. 1 to June 30- June 1 Ask 3,000 3%8 Public Impt 1940 700 48 Annex Improvement.. 1951 2,000 City 4s 3d Sewer Ser (cpn) '59 4a Sewerage 1,500 Impt... 1961 "'"366 ' • PRICES IN JUNE Price Jan. 2 1937 BALTIMORE CITY BONDS— $ Bond Sales June 33,602 481,337 Jan. 1 to June 30—....™—.— AGGREGATE 1 1936 39,024 Jan. May 67% June 3 67% June 99% June 9 1 93 3 99 1 101% June 13 9 3 72% Feb. 11 Apr. 14 99 Apr. 14 100% Jan. 25 101% Apr. 29 Par 48,533 Arundel Corporation—»—• 2,992 Atlantic Coast L (Conn) 50 8,275 Bait Transit Co com ▼ t c 10,779 1st Preferred ▼ t c— ■f 100 Benesch & Sons Co Inc * '■£ 4,470 Black & Decker common * 9,715 Consol Gas E L 9c Power ' 2,231 5% preferred.....——.-150 ~ 15,791 1.1$2 Eastern Sugar Assoc com ...1 Preferred 10,646 1 4,359 Fidelity & Deposit ....20 3,635 Fidelity Be Guar Fire Corp. 10 1,471 Finance Co of Am class A-..* 301 452 267 201 100 245 Class B— ■: 18 Sale 46 Sale 2% 8 20% Sale 49 % Sale 20 June 16 21% June 10 18 49 20% Sale 48% 51 134 June 28 54 46 1 % June 87 115 Sale Sale 45% Sale Sale 4 Sale "I- 5 4 3% June 25 26" 24% "June" 14 Sale 27 25% 66 Sale 64 113 71% Sale 113 44% 12% 123"" 123 46 13 % 40 13 % Sale 42 Sale 17 21% June 28 June 28 21% —I 122 June 25 June 34% 119% 39% 13% 13 % 120% Sale 39 % Sale 13 % Sale —.i..* June 10 1% June 29% June 71% June 9 1 26 June 9 39 June 3 18 123% June June June 30 40 June 4 13 % June June 4 13% June 3 2 1 4 6 Ga Sou & FlaRy 1st pref_.100 2,824 6,174 Houston Oil preferred 100 124 Humphrey Mfg Co com * 25 Preferred————.25 137 541 Mfra Finance 154 1,688 140 998 1,475 7,012 —..1 ...... 131 613 .12 339 20 30 45,051 New Amsterdam Casualty. 2 476 Northern Central Ry ..—50 26,070 Owings Mills Distillery 1 1,231 Penna Water A: Power com.. * 25 Preferred 1 is'.—.:isi * * i 204 Phillips Packing Co., pref.100 113 . 300 137 2 20 237 Seaboard Comm'l 10 25 70 6,506 69,009 87 22 com A 8t Sale Sale" 21 2 1,407 Western National Bank 20 Apr. 5 2 21% June 28 50% 34% June 28 48 119% June 18 136 39% May 18 48% 12% Jan. 4 13% 12% Jan. 15 13% Feb. Jan. 8 Jan. 6 Apr. 3 Jan. 22 Mar. 11 Feb. 9 20% June 28 22% June 10 Jan. 4 Feb. 15 Feb. 25 Jan. 62 Apr. 21 25 45 19% Apr. 42% Jan. 24% Jan. 22 42% Feb. 24 90 90 90 1 12% Sale' "4H Sale" Sale % June 103* Sale 1% Sale 3% Sale 3% 4 June 29 9 1% June 1 3% June 14 3% June 23 3% June 1 38% 35 2t/l 72 I 74 33 June 3 34 % June 25% June 28 Sale 33 27% 26 % June 6 June 6 75"" Sale" June 9 Mar. % June 9 10% June 1% June 3% June 3% June 3 275 5 2 9 33 Jan. 14 Sale 13% ::::: ~91% 74~" Sale" 77 109 % 76 June 3 70 Jan. June 28 45 June 28 44 Jan. 13% 99% % 73 14 June 11 45 16% Sale xo2 & June June June June 15 June 5 13% June 99% June 19 % June 10 75 June 4 Apr. 28 24 14 24 110 June 4 110 101 June 11 101 June 4 June 11 97% 73 108 101 15 15 :; v May June May Mar. Jan. Feb. 42 28 Sale 23 Sale 35% ..t— 35 June June 15 42: June June 15 17 42 21 23% June 1 21 June 35 22% Sale June 24 36 4 34 Apr. June 3 25% May 20 4% Feb. 3 72 42 277 May June Mar. 13 1% 12% 2% 4% 4% June 1% Apr. 3% Mar. 10 Guar 22 89% Jan. Jan. 7 115 June 25 88% Class B———..10 Preferred ...25 US Fidelity Jan. 413* ...50 29 National Marine Bank 3,024 Sale ........ 3,831 Merch Be Miners Tranap * 5,025 Monon W Penn PS 7% oref 25 1,338 Mt Vern-Vv ood> Mills Com 100 2,830 Preferred.^—.......... 100 . 20h 42 M ..... 16,700 Mar Tex OHCommon class A 111,913 12 Mercantile Trust Co 64 20 3% May 11 38 3 3% * * t common 1st preferred.—.25 Second preferred 25 Jan. 55 Realty com * Preferred—.100 61,978 Mar. 4 Jan. 11 9 25 Guilford 306 54 3 114% June; 8 112 June 23% Apr. 22 3% June 25 3% May 11 24% June 14 ■$ 1% June June 5 Jan. Jan. 4 r 22 Jan. Jan. Jan. Jan. 21 15 19 5 Apr. 22 May 19 Jan. 13 27% Jan. 27 7% Apr. 27 82 Mar. 4 41 44% May 11 2 18% Feb. Feb. 104 9 1% Feb. 95 Feb. 9 10 111% Mar. 17 103% Mar. 1 18% Feb. 16 18 45 Feb. >• W* 37 i 10 Apr. 24 Jan. Jan. 16 5 Mo par value. . ;«»;v :Yf} ■■ (Continued from page 56) eminent authority, and M. Paul Baudoin. resignation to M. Auriol they said: In their letter of .. "You know the actual resources of the equalization fund, which shortly will be forced to appeal to the Bank of France gold reserves. been For several weeks the fund's directors have able only to confess their powerlessness to reduce pressure weighing upon the franc which they were unable to relieve. Our daily reunions no longer serve any practical purpose. The game is being played on other fields and that is why we asked to be relieved of our task." Mr. Auriol asserted during the debates that not less than 60,000,000,000 francs ($2,276,000,000) of French capital had sought refuge abroad In addition, an excessively large amount of French gold and bank notes of high denomination were held hoarded within France. Despite the grave plight of the French Treasury, the bank¬ ing position was strong as the gold holdings of the Bank of France exceeded $2,258,000,000 on June 26, the second larg¬ est gold reserve in the world. The real difficulty confront¬ ing the French authorities arises from the apparent impossi¬ -y-:; bility of restoring confidence on the part of the French sav¬ ings and investing class in the political and financial poli¬ cies of the government. Throughout the month the spot rate for francs was kept relatively steady by the cooperation of the several exchange funds, but after the Cabinet changes, and even before, future francs were quoted at discounts so severe that foreign exchange experts in New York estimated that, expressed in terms of interest rates, the discounts would yield around 45%. On June 29 the French Senate voted to the Chautemps Government dictatorial powers over French monetary and fiscal affairs until Aug. 31. M. Georges Bonnet, Finance Minister, announced on June 30 that the franc would no longer be held to gold between the upper and lower points established by the gold law of last October, but that the franc would be allowed to find its own level and that a new valuation of gold might be mad^ later. It was at first thought that the franc would be devalued at the lower level contemplated by (4.35c.). dollars the law of October, which would be in However, with the abandonment of the (Continued on page 63) ; '•f WV-:VV • ■' !• CV-'C-'f . A,''' /-'-'V ; Boston Stock MONTHLY AND YEARLY RECORD STOCK EXCHANGE RANGE OF PRICES ON BOSTON 372,436 3,634,397 Shares June Jan. 1 to June 30 In Since June Jan. 1 3,000 3.850 919 1,264 540 20 , — — 83 83% 90 95 100 97 STOCKS Boston Ac Albany 6% non-cum First 95 97 90 65 4 June 10 June 110 June 22 June 133 % June 16 June 2 65 27% June 10 June lto Common....... 18 170 June June June Traveler'Corp* 7 June 10 June 108 Pref erred 3 June 100 .... June 17 June Boston At Maine pref stpd.lOo 329 June 26 95c June 16 June * preferred..........50 Boston Herald 84 ..... preferred...50 Boston Elevated June 17 Sale Prices 103 % Jan. 28 104 78 % June 28 89 Jan. 28 Feb. 23 June 21 83 95 9514 May 17 101 96 Mar. 31 101 Jan. 4 Jan. 7 Jan. 7 85c Jan. 20 15 Par Amor Pneumatic Service 5 ,, 100 1948 — Sale Prices 80 78% June 28 83 June 21 81 ..... Amer Telep & Teleti 100 189 Blgelow-San Carpet pref.100 8,102 ; 1948 Series D 4s 4,979 11,878 10,707 1,648 3,043 271 77 % 83% 87% 94 - 4,515 3,571 1,709 53,685 300 166 Highest Sale Prices 3%i-1947 1948 Shares Shares Lowest Ask Ask Bid Bid Series C 6s 4,350 V Ask Sale Prices June 30 June 1 1937 East Mas* StRK serA «»• 1948 Series B 5a RANGE SINCE JAN. 1 IN JUNE Price Bid Boston Term Co 1st —-- $47,150 886,300 Jan. 2 W^BONDS^Mi S 4,000 212,000 80,600 15,200 Jan. 1 to June 30 1936 $6,950 218,800 t PRICES BOSTON STOCK EXCHANGE SALES AGGREGATE June-.- 324,161 2,158,990 . 1937 Bond Sales 1936 1937 Stock Sales June 11 June 21 10 0 May 2% June 16 Jan Jan. 159% 107% 129% 60% 25% June May : June : June i Apr. 5% Jan. 8% Jan. 5% Jan. 4 Jan. June 8 2 Feb. Jan.1; 4 Mar. Jan. 8 6 Mar. 23 Mar. 25 A': Mar. 23 • 770 746 60 113 1st preferred class A....100 588 40 June June 17 1st pref class D 100 v 339 482 754 308 229 15 610 255 40 . 66,503 4,715 4,724 4,831 5,759 3,446 1,500 1,316 2,953 9,621 3,294 916 ■!:i ... 55 458 *'• 575 5 3,485 25 804 :'r 125 •0piW;:} \ 3 52 925 :: , •• ■ : 4,890 !' V*' 800 :::;vv 9,680 " 'i'v- W-. m: 1,385 101 2,108 22,016 67 1,705 135 1,275 293 3,074 ~4',115 160 585 1,756 2,008 350 35 "4",916 387 904 4,678 495 60",907 165 535 360 160 JkH June 44 June June 2 June 1 Adjustment...........100 June 7 100 see page June 28 1 June 1 June 28 June 29 16 June 24 132% June 16 June 24 21% June 14 June 30 40% June 19 ...» 10 June 28 15c June 10 June 8 June 10 it* June 19 June 11 15 H June 1 June 22 » June 9 June 22 4 June 22 38 June 21 1 June 22 12 12 ; Jan. i Feb. 11 15 Jan. 19 Jan. 18 Jan. 19 Mar. 5 18 4 7 2 4 9 Jan. ; Mar. Jan. Jan. ; Jan. i Jan. Jan. I Mar. Apr. 8% June June June 16 127 June June 19 39% June May 3 May 10 Apr. 26 I Jan. 22 May May 1% Jan. 15c ' June 10 2 4 Mar. 11 101 June 10 I Jan. 6 49 0 Feb. Jan. June June 11 6 13 Feb. June 40 June 26 Jan. 4% June 55% June 35% June 2 May 9 m 6 Feb. 13% Mar. May 3% May 11% Apr. 1 Apr. 10 May June 49 Jan. 130 June June 29 A 59. 2% June 21 June 29 14% June Feb. 4 June Jan. 35 Apr. Jan. Jan. 1 11 2 15 14 June June 21 65c June 15 1} 26 June 24 22] May Apr. I Jan. June 24 17 4 4 2 Mar. ; Jan. 5 June 22 14 May 10% Jan. 36 Jan. 2% May Jan. 19 June June 22 19 11% , June UX: June 23 2 June 1 June 15 June 2 June 2 June 2 25c June 2 June 29 56 19 June 38% Sale 46% June 8% June 1 June 7 15 June 14 June 6JS 59 First preferred.........100 Preferred B ; 1 J© General Capital Corp Mar. Jan. 40c June June 28 520 Preferred................. 3,128 Class B » 6,794 Helvetia OH Co tr ctfs 1 280 lnt'1 Button Hole Mach Co„!0 ; 57,327 Royal Copper.... 2b 18% I 1,047 Loaw's Theatres 25 10 20,216 Maine Central..... —100 37% 6,090 Preferred 100 3% 17,534 M»«* Util Associates v t e...» 4,392 Mayflower-Old Col Copper.25 53 4,790 Mergenthaler Linotype -• 43,556 Narragansett Rac'g Assn Incl 7,822 Nat Service Co com shs t c 1 41,477 National Tunnel Ac Mines._* 250 N E Gas Ac El Assn pref * 10,238 New England Tel At Tel...lM 140 10 30 New River Co com 100 91 641 Preferred ..100 5% 13,442 N Y N H At Hartford 100 65c 368,417 North Butte 2.50 342 Northern RR (N H) 100 110% 22% 10,427 Old Colony ICS 170 Certificates of deposit 19,955 Old Dominion Co 25 41 5,350 Pacific Mills 100 40% 23,526 Pennsylvania RR 50 65,453 Rights 40,397 Quincy Mining Co 25 25 1,366 Keece Button Hole Mach.. 10 \ 2% 3,526 Reece Folding Mach Co 10 14 20,476 Shawmut Assn T C 29% 23,965 Stone 8c Webster Inc cap stk 3% 3,828 Suburban Elec Secur'com.. 50 380 2d preferred... 98 7,931 Torrlngton Co * € 6,895 (New) 34c 22,040 Unloo Copper Ld Ac Min Co 25 8,148 Union Twist Drill 5 27 89% 26,797 United Shoe Mach Corp 52 41% 3,167 Preferred 25 1% 32,345 Utah Apex Mining.........® 1% 253,266 Utah Metal At Tunnel. —J 1% 2,908 Venezuela Holding Corp 1 7 60 Venezuela Mexican Oil CrpIO 60 Vermont Ac Mass Ry Co...100 131 16) 8,381 Waldorf System Inc.......* 10! 19,161 Warren Bros * 1,778 Warren (S D) 8c Co com • For footnotes 80c June 3 . 7 4 11% June June Ry Co.... 1,835 Hathaway Bakeries cl A 260 15 June 26 com 4%% Cum Prior pref... 100 6% Cum preferred..... 100 1,436 545 3 % June 15% June June 22 * preferred.............20 6,248 Gilchrist Co.... 12,798 Gillette Safety Rasor Co....* 135 9 June 11 June 29 June 25 17 General Stockyards Corp pf.* 105 Georgian Inc (The) com * 5 * .... Eastern Gas At Fuel Assn East Mass St June 25 ... 797 Economy Grocery Stores...* 20,792 Edison Elec Illumination. 100 12,766 Employers' Group Assoc T C* 863 ; : 35 . East Boston Co .... 100 ■;' Copper Range Co 14 140 June 3% June 12% June Eastern SS Lines* Inc......* Preferred 240 ...» 3,313 ;■ 135 7,633 Brown At Durrel Co common. 57,769 Calumet At Hecla .........25 824 Cliff Mining Co 870 20 % June 4 19 June 10 18% June 19 June 13% June Boston Personal Prop Tr * 380 Boston ft Providence..... 100 "3", 253 16 12 14 3,812 1,609 June 14% Feb. 100 Class C 1st pref stamped 100 1st pref class C ..100 Class D 1st pref stamped 100 743 10% Jan. 14% Jan. Jan. 9% June ! 9% Jan. 13% June 13 Mar. 8 Mar. 8 Mar. 30 Mar. 4 Mar. 5 Mar. 30 Mar. 8 Mar. 27 36 Class B 1st preferred 628 2,335 350 79 30 11 Class B 1st pref stamped 100 1,879 55 46 % June June 14 June 9 % June 38 Prior pref ............. 100 Class A 1st pref stampedliO 25,124 19,983 2,733 6,918 19 59 3 3 25c June 14 June 3 5 70c ----- 42 Sale Sale" 25% 3% 14% Sale Sale 56 Sale 30% Sale 41% Sale 7% Sale 24 25 2% 3 13% 13X 19 % Sale • i 54 39% Sale 35c 27X Sale' 42% 1% Sale 2 7% - - 17 11 35 - 34% June 28 6% Sale 23% 25 2% Sale 12 % Sale *~I% 50 45c 55c 31% '■ 31% 89 38% Sale 39% Sale 1HV2 > 6% 7 128 134 13% 14 8% Sale 35% 41 1% 83 50 54% 35% Sale 40c 45c 31% Sale 86% Sale 38% 39% 6% June 29 24 June 8 2% 12% 17% 1% June June June June June 3 19 14 28 Jan. 8 114 Feb. 80 50 16 June June 2 34% June 28 40c June 30 85 38 15 16 June 26 June 8 June June 2% Sale 1% 1% June 7 41% June 1 June 24% June 2% June 13% June June 1% June 24 50 June 16 12% Sale 7 7% 35% 12% June 30 6% June 25 35 June 29 Jan. i Mar. Jan. June May June Jan. 18 25 June i Jan. 9 ' Mar. 17 34% June 632 Mar. 6% Apr. 23 Apr. 2% Feb. 12% June 17% June 1% June Mar. 11 ; Mar. 11 1 I Jan. June 30c 32 June 18 Feb. June 1 June 28 84 Mar. 36% 1% 1% 1% 7% Apr. Jan. Jan. Apr. Jan. June » Mar. 11 Mar. 10 Jan. 29 Jan. l j 3 2 35 • Jan. 25 Feb. 23 Jan. 16 Jan. { Mar. 2 I Jan. 21 Apr. 21 5 Feb. 11 £ Jan. 15 Apr. 12% June 6% Feb. 14% June 8% June 18 Apr. 14 ( May 21 25% Feb. 89 12 Jan. 25 \ Feb. 20 ; Jan. 9 ; Feb. 19 I Jan. 50 45 38 8 ; May 24 18 55c 93% Feb. 34% June 2% June 1% June 8 1 Mar. 17 ' 39% June 40 4 11 : Mar. 31 Jan. June 108 19 128 34 Mar. ; Feb. 20 3% June 68c 1% June 20 I Mar. 10 Mar. 16 Feb. 15 June June 18 4 % June 9 9 ! Apr. 20 Mar. Feb. June June 16 109 25 June 19 June 23 18% June 16 23 r June 60c June 14 55c June 18 25 June 28 30% June 1 85c 60c 2 18 Feb. Apr. 108 20 17 June 3% June 16 1 June 17 Sale 109 205* Sale 24 """% - 80 Mar. 29 ; Jan. June 421 6; 3 10 85 77 4% «?* 1% Sale ; Mar. 29 Mar. 10 10 114% June 29 123 120 4 Mar. 5c *53 Sale 14 Sale Sale Mar. 15 Feb 5 1 ■■■: Pittsburgh MONTHLY AND YEARLY RECORD RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE Stock Sales 1937 June. 1936 139,244 Shares 130,820 Bond Sales 1936 1937 June... Jan. 1 to June 30 AGGREGATE ' SALES PITTSBURGH PRICES IN JUNE STOCK EXCHAN GE In 1 June Since RANGE SINCE JAN. 1 Price Jan. 2 BONDS Jan. 1 June 1 1937 % Bid Ask June 3 0 Ask Bid Bid Lowest Ask Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 12,000 Pittsburgh Brewing 6s...1949 Shares Shares STOCKS 900 Allegfteny Steal 10 155 10 1.161 723 165 13,666 Preferred 108K Jan. • 14 110 8H 10 4.743 Armstrong Cork Co........ Sale 10K 63 11,594 Blaw-Knox Co 165 Byers (AM) 10 Colorizing preferred ..25 145,424 Carnegie Metals............1 155,460 Rights... Sale Sale 24 23 Sale 18 K 3K "~2K 2 Sale 6K 8% 59 K 22 K 17 K June June June June June 11 7 8 28 28 28 June 8 8K June 70 K June 8 25 8 June 300 1,948 2H 19 K June 17 June 14 2K June 2 660 Con sol Ice Co 40 420 256 Preferred.... ...........50 420 Copperweld Steel 725 Crandall McK At Hend • 5 5K "Boc" *:i common 2*427 230 658 4,310 300 '"*448 8.862 725 206 7,735 2,828 10,000 1,500 911 150 " 2*461 61 1,625 175 9,140 1,950 It 112 Duff-Norton Mfg Co......_.* 21,249 Duqueane Brewing 5 .... 3,886 Electric Products * 13,487 Pollansbee Bros pref_. l#t 32,025 Fort Pittsburgh Brewing 1 2,865 Herb-Walker Hefrac com...* 462 Jeannet Glass preferred.... 3,544 Koppera Gaa St Coke pref.lt* 76,463 Lone Star Gas • 43,003 McKlnney Manufacturing..* 3,879 Meats Machine.............5 149,089 Mountain Fuel Supply...... 52,919 Nat Fireproofing Corp com.* 787 Penn Federal Corp common.. 111 Preferred ........-.100 125,000 21,550 13,347 5,388 4,926 10,974 1,174 24,997 12,150 263 ""*249 Devonian Oil ..... Preferred • Pittsburgh Plate Glass ....100 Renner Brewing Co........l 240 Reymer Bros common......* 14*566 843 4,146 150 150 5,288 176.084 465 Preferred $6 preferred 18 Sale 10 31 1 Sale IK 107 IK Sale 108 21H 12K Sale* 26 Sale 90c Sale 2K 7H 8 Sale 8H Sale IK 25K 3K 35 18 K 8K 6 Sale \ 2 H Sale IK 3 13K 8c 4 Sale Sale 6c" ~ 10c 5 39K 7c 15c 5K 43 *75"" Sale 10 K 10K 2 2% 58 H Sale 7K 7K . 5 14 16 June 3 31K June 18 5K June Apr. 12 K June June June 17 50c 3 June 50c 3 22 K June*25 32K June 17 24 June Mar. 10 5 IH Feb. 31K June 18 13K 13K 20 K June i 12 June 29 25 K June 29 90c June 10 Sale 5 June June June June 15 15 30 17 June 17 14 11 4 26 27 24 K 13 H Feb. 3 Apr. 28 50 Jan. IK 39 13K .... 16 88 .... 2c 3c 8% 6K 14 Sale 1% Sale 2c 3c 7K Sale 14 15K 2c 6H 14c 44 .... 15K 130 4 10 K June 1 2K June 2 63 K June 11 8H June 1 6 June 1 53 1 Sale 90c June 15 10 IK Jan. 13 58 K June 30 4 4 4 4 Jan. 16 Feb. 15 Mar. 6 Jan. 11 7K Jan. 5 June 17 Mar. 11 7 4 May 11 4 Apr. 21 6c June 10 5c June 10 June 22 10c June 22 8c Apr. 5 June 25 5 June 10 June 12 Jan. Jan. 7 2 4 Feb. Feb. 18K Jan. 2 Feb. 3 40 *2 *June* 4 2K June 7 121K June 16 127 June 14 12K June 17 14 K June 1 15 June 17 16 95c 35^ Feb. 8 May 19 June 17 IK June 11 3K June 16 June 21 27 K June IK June 4 June 4 1 16 2c June 6K June 14K June June 120 14c June 2c June 2 7K June 15 15K June 18 22 135 June 17 14c June 1 June 27 June 10 48 K June June 3 June 54 June 17 Jan. 16K Feb. IK Jan. June m Apr. June 95c June June 40 K June 41K Sale" 141K Sale 133 K June 5 13 H Apr. 16 IK June 5 95c June 145 June 10 June i Mar. 12 i Feb. 4 4 Mar. 8 Jan. Jan. 29 29 4 Mar. 11 4 May 12 16 6 9c 2 9 4 14 14 Jan. 22 14 14 4 Apr. 22 Jan. 120 30 9 6K 45^ 45K June 6 2c 4 June 5 15 90 3 5 Westlnghouse Air Brake....* Weetghouse El At Mfg 5t 5 9 May 28 99 Jan. 25 Apr. 10 111K Feb. 11 June 10 39K June 30 IK Jan. 58K Mar. 10c 52 4 54 Sale 70 104 10 16 Jan. Jan. Jan. ..... "l"66 June June June June 23 3 95c 3c Sale Sale Sale 19 90c 16 115 .... June 86 IK Sale 2 Jan. 4 4 19K Jan. Jan. 4 Feb. 8 Feb. 26 5c 15c 36 18 10 27 25 K June 29 IK 1 13 Jan. 25K June 29 44 K June 107K June*26 110 10 2K 58 K 7H June 29 35 21 18K 13 10K Jan« 70 K Mar. 12 29K Mar. 10 19 K June 17 3 Jan. 27 4 Feb, 25 25c Feb. 16 20 K Mar. 3 8K Feb. 13 20 K Jan. 14 1.00 Apr. 6: 5 Apr. 6 32 K June 17 Mar. 20 IK Apr. 5c 14K IIII *95*" 21K June 10 36 K June 6 May 26 8 12 K Feb. Jan. 9 1h 26 h ----- ..... 63K 108 Sale Rights Victor Brewing Co.........I Waverly Oil A • 3 40K June 16 2 1.705 Vanadium Alloy Steel......* 424 ? 10 K 130 48,103 1,315 14,831 3,218 1 11K Sale 375 165 100 12K 13K 36K Sale ::::: *75' 29 K 1,071 ~20 H Sale .......... 2,995 Standard Steel Spring......* 6,630 United Engine At Fdy new 5,041 United 8tatee Glass.......25 7,140 *23K 5 1,315 Ruud Mfg.................5 113,000 San Toy Mining............1 107,908 Shamrock OH At Gas • 27 Feb. 23 Pittsburgh Steel Foundry..* ....... Jan. June 8 24 25 Pitts Screw Ac Bolt Corp.... • Preferred... 22K 5 June 8 10 K June 17 June 7 50c 8K 23 K 5c 100 17,614 16 19 4c 2.805 Plymouth Oil Co....... 31,880 14 18 Preferred................1 Pittsburg Brewing * Pittsburgh Forginga...._..l Pittsburgh Oil St Gau 5 iH 32 o Phoenix Oil com.........25c ... 4K 5K 10 K Sale 50c 1 2 .... l",188 June 28 AH 15K May 24 th 15,064 Columbia Gas Ac Electric.. 17 3 III * 140 11 May 11 Apr. 28 25c 2K Sale ........... 635 Central Ohio Steel Prod 14,317 Clark (D L) Candy........ 18 May 21 7 —- Sale June 11 4 (Mar. Feb. 13 43 May 26 114 • „-100 .... 3,965 Arkansas Nat Gaa Corp 3,602 Preferred... Mar. 12 111 Jan. 16 Jan. 18 i Jan. 30 4 Feb. 10 8 June May 11 May June 15 Jan. 7 Jan. Jan. 11 Jan. 4 Jan. 5 Jan. 14 3 40 K June 15 132 K May 13 4 Mar. 4 Feb. May i Feb. 4 Feb. 4 Mar. 4 Jan. 17 5 28 '6 13 27 <* 23 8 22 UNLISTED. 200 481 ♦ 425 Lone Star Gas 1H% pref.100 5,651 PennroadCorpvtc ._......* No par value x Ex-dividend. Ml 111K 112 IllK June 8 112 3K June 21 4 June 29 June 4 111 Apr. 29 113 Feb. 20 3K June 21 5K Mar. 8 •'. <X< ^ Stock Sales x X Jan. 2 Since June Jan. 1 BONDS 282,000 Elec A People* tr ctfs 4s 1945 Small Bonds 1,000 4,000 Pa 33*8 wi 1952 125,000 Peoples Pass tr ctfs 4s 1943 500 Phils Elec (Pa) 1st s f 4s. 1966 1st 5s 1966 3,600 2,000 Phlla Elec Pow Co 5H«..197J 50,000 Shares 25,477 22,596 4,576 115 Stores American Baldwin 895 7,324 2,815 9,768 15,245 194 11,085 , 235 1,097 Barber V y480 66 205 392 3,970 v 82 Sale 300 419 2,836 400 432 420 831 30% 114% 8% *8% ?■ 110% (Phlla) com.* (NY) com..* 100 Pennroad Corp 34% Sale" 49% Sale '55% Sale" 62% Sale 135% 139" ii6 108 9% 10% 18% 2% Sale 3% Sale Rights Manufactur'g.50 2 50 160" 165" 4 Sale 41% 35% 2 11% Sale ; Salt Dome Oil Scott Paper 5 , Sale" 5% 8% 1% 12% 9% Sale 13 Sale 309 30,856 1,091 32% 33% % Sale lYs Sale Sale Sale 43% 44% 15% Sale 111% aaie [ft Sale 4% 6% yi* 2.048 12 408 1,912 9 x.Ex-dividend. a 65% 30% % 5% June 17 12% June 1 June 18 Sale Sale 39 "65% June"30 Sale Sale *A 1 29% % % Sale 5% Sale 4% 4% 4% Sale 38% 39 36% 12% Sale 11% 107 107% 102 61 66 675 No par. 11% June 38% June 55% June 2 2 2 i25% June 26 35% June 3 8% 17% 2% 3% June 12 June 3 June 3 June 17 June 1 9% June 2 1 1 4% June 41% June , 2 June 13 9% 63 % June 5 % June 30 %6 Sale 5% 4% 37% 10% June 15 12% 102 June 30 108% Sale Sale 11 June 11 33 Sale 17 June 4 Sale 12% 9 11% 11 9 10 I June 21 June 8 Jan. yy ■ilk. 18 Feb. 11 Mar. 4 Feb. 18 16 21 16 Mar. 17 3 Apr. Feb. 13 Feb. Jan. Jan. Jan. 29 3 Feb. 3 9% June 25 Feb. 5 7% May 19 June 1 4% Jan. 2 12% Apr. 27 Jan. z38 11 65% June 30 28%" Mar. 31 Jan. 29 % June 30 9% Feb. 18 20 Jan. 2 45% Jan. 14 2S32 Mar. 15 76% Jan. 6 32% Feb. 5 1%, May 12 1% Mar. 1 7% Feb. 11 8% Jan. 14 4% June 28 June June June June June 4% June 28 Sale 15 8% June 17 14% Jan. 16 5% Apr. 3% June 17 5 39% Jan. 4 50% Mar. 17 "32 Mar. 11 632 Mar. 2 9 164% Jan. 6 178% June 3% Feb. 26 2% Jan. 14 2 108% June 22 117% Feb. 31% June 21 35% Apr. 14 24 Feb. 10 35% Apr. 13 7% Feb. 13 4% May 20 1 June Feb. 13 33% June 29 44% 48% June 15 70% 21% Jan. 26 29 125 June 26 139 32 June 30 41% 102 June 30 112 7% Apr. 28 13% 13% June 28 24% 4% 1% May 25 5% 2% June 15 65% June 30 30% June 1 % June 5 1 • June 30 134% Mar. 3 9% June 17 20% Feb. 11 June 4 17 46% Jan. 14 10% June 15 17% Jan. 16 102 June 30 114% Jan. 14 Jan. 4 Apr. 12 Jan. Apr. Feb.lQ 11 Feb. 16 June 11 33 60 14 1: June 23 29 30 Mar, 17 1 Mar. Mar. 9 127% Mar. 12 14% Jan. 12 88% Mar. 31 25 45 43 95 5% June 17 17% June 8 41 9 % Mar. 19 24 West Jersey & Seashore RR 50 ♦ 14% 39 ■42 Rights 32,880 Union Traction..... 42,986 United Corp common Preferred.. 4,809 237,154 United Gas Impt com Preferred 6,821 4,314 4,244 Feb. 7% June 29 m Sale 13 40 1,332 lacony-Palmyra Bridge 46,602 Tonopah-Belmont Devel 25,282 Tonopab Mining • Mar. 17 June 26 28% June 29 May 3 7% June 17 8 3 % June 2 2% JUne 19 1 108% June 22 114% June 3 31% June 21 33% June 34 June 16 33 32 June 21 6 June 8 4% June 4 4% Sale" 8 June 17 10% June 24 8 1 June 3 1% June 1 1% 2 9% June 25 12% June 10% 12 Sale 20 Corp new 834 Sun Oil Co 30 311 4,200 1,185 7 1 112 8 174"" June" 18 178% "June" 9 171 180 3 3% 2% 110% Sale Sale 33% 32% Sale 32 6 6% 12% Sale 23 28 12 15 June June June June 8% June 17 3% June 17 34% June 28 3% Sale Sale 33 31 27% 3 174"" 180" 3 35 25 7% 13% 1 % 2% 14% Sale 114% 117 Sale 116 pref pref Reo Motor Car Co 7,116 66,722 3,035 18,674 5 9 4 June June 30 105 102 2% Sale Sale 9% Sale Sale Sale 2 3 3% Penn Traffic com........2% Phlla Elec Pow June 30 32% 103% 105% 108 7% 8% 8% 13% 16% 17 11% 11% 4% Sale 40% Sale Pennsylvania RR.........50 June 26 32 35% 18 9% June 17 33% June 29 48% June 15 166"" 125"" i25 130 ~~ 35 39 112 38 v t C Phila Elec of Pa $5 4 37 June 23 8% June June 30 113 95 ' II,713 ,:,V 466 38 June 29 32% June June 23 115% June 9% June June 17 97% Sale Sale ,11% Sale Sale 44 * ........10 Nat'I Power & Light....... Salt June 26 "7%"june~29 '~7% "T" 9% Bros common.......* Hardart Jan. 21 110% Janl 5 111% Feb. 25 37 37 28% 28% Sale Sale 113% 114% 113 Sale 7% 7% Sale 9% 33 41 87 114% Sale 730 Phila Insulated Wire.......* 11,196 Phlla Rapid Transit.......50 7% preferred .50 6,760 2,680 Phils & Reading Coal 8c Iron* 50 9,165 Philadelphia Traction. ; 1,746 Sale "9% "16" Motors 4 110 Jan. 16 June 16 26% Feb. 17 8 159% June 29 187% Jan. Jan. 30 4% June 28 11 20 38 36% 12% Preferred.. Penna 5 100 Horn 8c Hardart 14,452 224,205 70,229 628,495 1,340 13,300 5,507 21,706 24,233 7,832 , 36 123 100 .... 800 9% —10 — Sale 6 20 18,426 Lehigh Coal & Navigation..* ......50 8,172 Lehigh Valley 4,597 Mitten Bank Sec Corp ....25 Preferred... 25 37,775 1,667 June 18 5 16 June 16 19% June 1 159% June 29 169% June 11 5% June 4 4% June 28 16% Sale 166% Sale Sale 4% 5 6% 19 165% Sale Sale Electric Storage Battery 303 June 10 16% Mar. 29 May 18 13% Feb. 4 13% Feb. 4 108% Mar. 29 108% Mar. 25 Mar. 13 18 May 11 21 3 109% Jan, 110% Jan. Curtis Pub Co common.....* 1,954 18 12 % June 110 26 25 185% 9% 40 Preferred.. 795 Glmbel 431 Horn Sc. """205 19 14 in% no% G) Mfg Co General 16 18" *20" Budd Wheel Co 4,512 25,532 66,166 June 19 24 % 50 17,387 Chrysler Corp 1,592 I,575 2,025 6,554 10 21 50 ... Highest Sale Prices 11% 12% pref pref. Lowest Sale Prices 10 13 com Co bell Tell Co of Pa Budd (E * Locomotive.. Bankers Securities 17 ■ "100 American Tel & Tel 6 Bankers Securities "4I5 Highest Sale Prices .4s* Par STOCKS Shares 4,521 2,840 Lowest Ask Bid Bid 11% _ "i",66o Ask Sale Prices June 30 June 1 1937 Bid * x RANGE SINCE JAN. 1 PRICES IN JUNE Price STOCK EXCHANGE In 1936 $73,400 986,600 1937 : X-'X $50,000 —343,141 - Jan. 1 to June 30. PHILADELPHIA SALES AGQBEQATE June. 243,025 2,909,378 222,540 ..a2,981,567 Jan. 1 to June 30-___, ' 1936 ;'.J 'WXX&M'XxBond Sales yX:-CX:';XX:X;y >1 1937 : J Shares_ June y,:.X:\.,yXr:yYyyY YYY^'YY;;•■• PHILADELPHIA STOCK EXCHANGE RANGE OF PRICES ON v*-" -y yy. yyyv.YXxXyX ■ June 12 9% June 16 13 Includes 647.269 rights. i" *• YyY: •'VV- -'-'X y XXXyXyyyyX Y ..VI i- :'•< 1 :'.VV'r-. /f . ' ■" 'A- - "'!.,' ■ <• 1--, : y XXxX ;v.-; • A.v v ;;r, Y,A.. h"• ■"-■ •. "'Y-Y ' XyXxXIxyXXXXXXXXy,.^ *f,: YY'- XXX&tfk; Yyyy-.Yy'VY'. "u;.- -v - y :/y-;y -VYVY j-r■ y ' ' ' ; '• v.:' • > ■ • ■ / £7!• : I - ' ; y :?• * ' •• - . 1 "" XfX 'X , :yyyy:YYYy^ •'*>. v# y :-v J .... ; " ;■■„. .. '■ ''" '' .V^y'rfy ~X ^ -X'l v , y ■ • -XX'/. 'v?:.v.-".''--/-"'-'''y-'Y'Y -■/=■:»-:■ yv:''! T| --r'' 1' ■■ ' i-"• •' yy* 'I- •. ,n ■ .'.y-:! y-- ' - * ,! ' ,'."X'■ '• 'y-'-yr"ill J*""'" .■ i 'j-rivi. i-.J. ' ~ ■.: v f r:A '■ ■ ' y^'yvi ••:y.v vv'v;"/J':•v.r.S;.-: •■"■■Vr-v'.;, , ^ ;-L y . " ''%X • . x ft'-—. y. ••;. ■*;«'t-' *;J;'• ;y- •" X::-:,-XKXXXxX: 'X 'XXX: XX XXX: XX-. '.y;"' • Yvy^y^y yyy 7;-.; ;YY:y :S: yYv; X*' XX'■ XxXXXx^XxXxX ':yy:':;yry:(X: Cleveland Stock Exchange MONTHLY AND YEARLY RECORD .1 ■ ■ . RANGE OF PRICES ON CLEVELAND STOCK Stock Sales June.... 1937 1 29,617 355,486 Shares Jan. 1 to June 30 AGGREGATE SALES 1936 31,704 340,041 June] Jan. 1 Shares 145 STOCKS 571 Preferred 80 Canfleld Oil 7% 1,281 City 4 4 57 677 Clev El 111 $4.50 490 14 H 985* 100 985* 18 5* 205* 855* 865* pref 100 ...... pref • 225 '[ 21 Sale 34 3 5* 865* 110 6 88 10 June 29 17 115* June 20 18 June 23 20 June 15 25 30 26 41 30 June 30 June 9 100 18 103 21 80 355* 395* 147 101 3,937 FooteBurt 75 """500 June 7 19 " June 2 84 June 1 84 June Sale 32 88 108 55 1 32 June 28 38 June !8 112 57 Sale 1035* Sale :■ Sale Sale 46 46 Sale 46 25* 118 32 Sale 51 1125* 118 66 ! ^ : , 224 Great Lakes Towing 63 281 227 ..100 Preferred..............100 708 Grelf Bros Cooperage 140 •'J 72 80 85 85 Sale 85 30 26 Sale 25 27 25 27 13 34 275* 15 14 29 145* 5H 27 55* 65* 25* 419 268 212 770 2.130 4,424 6,614 4,947 17,437 5,633 2,435 1,975 1,205 2,175 104 i'" 725 20 : ' 110 205 1,691 : ■ 230 1 • 14,351 11,129 3,970 11,067 6,584 665* 475* June 22 June 24 June 1 June 23 June 1 495* 465* Sale 9 5* 19 Sale 20 1 115* 15 7H * 25 100 675* 17 8 23 43 41 7 745* 95* 20 29 5* 43 5* Sale 8 5* 11 24 5* Sale 85* Sale 98 85* ......50 1*1 43 Sale 2 44 485* Sale 65* 8 755* 85 115* * Upson-Walton 1 Van Dorn Iron Wks Co com.* Vlchek Tool • Warren Ref & Chem ..... com 495 225 Jan. 7 28 104 Jan. 4 Mar. 3 Jan. 8 Feb. 4 Feb. 23 Jan. 8 Feb. 10 June 22 5* June 22 1115* June 24 1115* June 24 33 Feb. 3 54 Mar. 25 575* Feb. 26 735* Apr. 9 53 June 25 60 Jan. 9 May June 11 465* June 30 46 June 50 May 6 7 99 99 June 104 18 Jan. Apr. 13 12 10 13 il* 43 41 16 2m 2tg 65* 39 17 31 9 5* Sale Sale Sale 18 33 5* 15 Sale "l7" "l9" 845* 43 43 44 80 June 22 June 22 45* June 30 78 June 9 June 21 115* June 1 205* June 29 85* June 26 20 June 16 14 Jan. 565* Feb. 24 Jan. 23 May 9 13 30 Feb. Jan. 14 June 27 Jan. Jan. 75* June 185* June 455* June 12 41 50 9 40 3 June 9 Apr. Jan. 60 S* 15 Jan. 35 May 30 85* 9 75* 107 6 65* 1?* 28* 85* 98 5 25* 155* 55* 25* 17 15* 75* June 23 100 June 15 85* June 8 100 45* June 22 25* June 4 June 26 4 June 8 65* June 25* June 5 4 19 June 11 7 5* June 23 55* June 22 45* June 22 15* Jan. 60 295* Sale 5,65* Sale 14 15 255* Sale 65* 7 17 Sale 23 24 47 65* Sale 8 51 Sale 13 34 15 Sale 6 10 ,35* 215* 95* 13 45* 114 225* / 6 June 16 June 15 465* 465* June 30 5 43 6 Sale 43 125* 33 15 345* 8 ..... 95* 65* 9 175* Sale 75* 13 «35* Sale 23 24 89 ----- 145* June 16 23 65* Sale Sale 175* \ 20 105* Sale 15* June 19 295* June 21 565* June 30 4 105 15 34 June 16 June 30 June 11 June 1 8 June 21 6 175* June 4 95* June 29 65* June 29 11 June 7 35* June 30 225* June 3 95 11 Jan. 15* June 7 295* June 30 I: 29] Apr. 27 May 21 63 44 ~ Jan. Feb. 17 June 5 June 29 19 5 6 Feb. 1 Mar. 9 Mar. 22 Jan. 18 Mar. 8 Jan. 4 125* Feb. 19 99 Feb. 20 Feb. 67 Mar. 9 105* May 7 3 5 145* June 16 205* Mar. 34 51 39 15 15 34 9 June 1 June 11 June 1 June 175* June 105* June 8 11 June June 45* June 12 255* June 21 June 29 100 June 11 June 16 6 June Jan. 16 2 Apr. 27 325* Feb. 10 8 June 155* Jan. 85* Jan. 65* June 9 June 35* June 175* Feb. 90 Jan. 100 May 20 25* Feb. 24 305* Feb. 6 23 35* Jan. 5 46 5* June 30 18 105* Mar. 1 45* Feb. 20 1 65* June 5 4854 June 10 65* June 14 25 5* June 8 13 22 85* May 14 265 Mar. 23 58 Mar. (3 45* June 795* Apr. 95* Jan. June 6 5* June 78 Jan. 735* Mar. 9 375* Mar. 12 22 8 "15" S~aie" 112 75* June 14 185* June 16 Sale 45* Sale 78 June 16 June 15 25 1 22 9 12 75* 20 4 15 W' 6 IS 15 245* June 115* Sale 20 June 12 June 29 June 5 June 12 27 No par value. June 17 55* May 13 25 50 2 Weinberger Drug..........* 622 W R I Corp pref. 100 85 Yougstown S & T pref 100 14 4 June 29 19 15* 55 Selberllng Rubber....... • Preferred ......100 S M A Corp common.......1 95 30 27 17 June 12 21 • 3 Feb. 22 Sale .....100 Peerless Corp........... Richman Bros... Feb. 46 Sale Preferred 68 25 53 243 Preferred 1125* May 13 117 71 245* Sale » Jan.* 5 405* Feb. 10 Feb. 10 8 Mar. 1 85 June 25 1025* Mar. 9 1035* June 30 112 Jan. 8 46 June 29 Jan. 20 46 June 30 Jan. 20 5* Jan. 12 Mar. 24 32 June 17 50 Mar. 4 30 Jan. 22 54 May 24 June 25 245* ♦ ... -v 32 June 23 62 Leland Electric June 15 Feb. 6 Jan. 5 Feb. 17 Feb. 18 June 1 51 345* June • 20 June 40 Jan. 30 100 June 15 105 175* June 29 21 84 June 84 1 30 96 102 71 56 125* June 30 575* June 28 Kelly Island L Ac T 335* Jan. 26 145* Feb. 20 26 45 Sale 30 921 Troxel Manufacturing...... 1 1,870 Union Metals Mfg Co * 656 "30"" "375* 5* June 22 1115* June 24 11151 35 June 25 40 605* 240 Stouffer Corp A 301 110 572 55* June 14 33 4,428 Packer Corp ......* 5,264 Patterson-Sargent.........* 30 15 293 812 660 700 110 161 27 Sale Lamson Sessions June 29 June 23 99 53 251 Nineteen Hundred Corp A..* 18,315 14,839 7,445 3,729 1,916 55* June 14 June 30 June 1 June 12 June 22 60 2.131 Ohio Brass B ..........* 250 Ohio Confection..........-* > June 12 June 17 85 26 34 97 :l ; Sale 705* 635* "14"" "15"" '125* Sale" 90 1,654 14 June 30 June 28 • 583 Preferred 2,485 NestleLeMur"A" 150 3 June 5 June 10 June 11 June 22 .........* 15,811 National Tils.... 8,914 National Tool 45 June 17 June 1 555* 15* 375* 535* Inter lake SS Jaeger Machine 11,978 National ^Refining 217 June 10 June 12 56 5* June * 1,038 Miller Wholesale Drug......* 3,582 Monarch Machine Tool Co..* 3,624 Murray Ohio Mfg..........* 22 528 120 40 56 H ......... 4,660 McKee (Arthur G) B ...* 5,867 Medusa Portland Cemeat • 6,369 Metropolitan Paving Brick..* 434 3 95 pref Harbauer.......... Lima Cord Sole & Heel 245 McKay Machine 170 379 430 31 —* 338 Hanna (M A) $5 ^ Apr. 30 10 18 102 5* 516 fialle B others.............5 Preferred 220 , 30 9 1125* June 16 1125* June 16 625* • June 25 June 29 June 30 5* June 26 Sale^ 33 J* 53 .... 125 85 1035* June 30 107 46 29 125 Fostorla Pressed Steel * 75 Gen Tire At Rubber 6% pflOO 500 Rights 125 Goodyear T & R 2d pref June 15 103 175* June 29 87 17& 935* Sale 565* .... 102 9 4 4 111 117 ::::: 87 Sale 210 Highest Sale Prices 105* Sale Sale 2,789 Blec Controller Lowest Sale Prices 24 51 160 Dow Chemical 5% pref.. .100 & Mfg.. » 959 Faultless Rubber ......* 430 Federal Knitting Mills ..._.* 36 221 Highest Sale Prices 115* 37 13 Lowest Sale Prices Ask 11 4,965 Commercial Bookbinding.._* 438 5,454 June 30 Ask Bid 21 ~34~" ~40" .... cum 14 H Bid 1,322 Cleveland Rys 100 4,274 Certificates of deposit..100 1,685 Cleveland & Buffalo Tran..* 79,986 Cliffs Corporation v t c • 521 RANGE SINCE JAN. 1 26 100 6,826 Clark Controller new 1 1,536 Cleveland Builders Realty..* 17,504 Cleveland Cliffs Iron pref * "l"991 22 * ice Ac fuel Preferred Ask * ... cum June 1 1937 Bid 145 Amer Coach & Body & Mil 60 , Par 321 Apex Electric 162 Jan. 1 to June 30 PRICES IN JUNE ■ 10 123 1936 Jan. 2 1,241 Air-Way El Appl let 7% pf 100 3,668 Akron Brass Mffi common...* '""345 1937 Price Since Shares EXCHANGE Bond Sales June... CLEVELAND STOCK EXCHANGE In . Feb. 75* Mar. 3 575* Mar. 8 95* Apr. 2 64 Apr. 14 19 34 Jan. 9 May 13 105* Apr. 13 215* Mar. 25 Mar. 1 133 14 Feb. 13 Jan. 2 153 53 Jan. 5 255* June 21 100 Apr. 6 101 May 5 _._ ( Detroit Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON DETROIT STOCK I 370,413 In STOCKS Par 35.741 148,193 2,483 2,905 5,546 i H 9ji Brau...5 990 Bower Roller Bearing 5 6,364 10.564 23,428 3,953 1,183 1,656 3,735 9,390 13,360 5,441 8,716 1.030 2,617 100 "612 661 205 Sale 43 37 33 54 7 Sale 1454 1754 Capital City Products * Chamberlln Metal Weather 1454 Strip Co common .....5 Chrysler Corp common—..5 112 22 Consolidated Paper com...It Continental Motors com 1 254 2 11 9 Crowley, Mllner Ac Co com..* 254 302 2,760 1,520 1,173 1,181 2,919 959 Baton 2% Sai* 8 1854 425 23 254 254 454 Sale 654 2054 Sale 4'1^ 597 "18*" 154 Sale 1,456 434 1,900 7,900 2,330 3,055 2,174 550 , 215 4.875 825 10.480 160 100 1,300 - - 690 1.240 5.853 ; 4,502 30,892 235.096 31.136 76,614 16,968 22,921 22 7.975 3.849 867 2,873 4,530 995 "2,686 1.850 7,881 3.217 764 6,225 913 1754 Mich Steel Tube Prod 280 Moore 30 654 654 2354 2454 24 1 2.50 8 2654 154 Sale 154 2 54 Sale 154 1754 1 Sale 854 3 Sale 254 Sale 354 4 31 32 ..... ......10 6,896 23,862 Murray Corp common 10,190 Muskegon Piston Rg com 2.50 21 64.042 Packard Motor Co 11 42 4654 2554 Sale Wheel * ..... 5 10 com... com com. • 38,485 5,661 20,544 Parke Davis A Go 99.848 5,839 1,090 22,119 46,847 43,131 48.882 5.541 87.739 3.285 Peninsular Metal Products. 1 **arker Rust Proof com. 2.50 Parker Wolverine Co com...* Pfeiffer Brewing Co com....* Rights Prudential Investing Corp.l 5 Keo Motor com Rlckel (H W) At Co common.2 River Raisin Paper com... Scotten Dillon com.... ..10 Standard Tube Co class B...1 Stearns (Frederick) com » 335 5% cum part pref 100 182 Sutherland Paper Co.... 10 6,264 rimken Axle com.........10 ..... 100 104,2!! Tivoll Brewing Co common.1 6.501 Union Investment Co com..* 12.941 United Shirt Distributors..* 6.311 U S Graphite Co com.....10 9,546 40,290 com new 1654 1954 18 2054 , 1054 ^ 1II 10 115 ** w 454 5 554 Sale 30 31 7 Sale 24 25 Class B 3754 2354 Sale 120 Sale 107 8 a Deferred delivery sales, 50 554 354 6 354 Sale 1 5 12 1554 Sale 1854 20 15! 6J 18 June 9 754 June June 26 June 18 5 9£| 1054 31 154 June 18 154 June 2 1154 June 17 1254 June 1 20 Mar. 12 11 10 28 June 28 Jan. 11 9 Jan. 1 454 June 15 10 June 24 1554 June 30 1854 June 18 23 11 9 June 17 June 28 Sale June 25 2554 154 Sale 154 254 1% Sale ::h Th 16 June IIIII "T 15 June 454 5 54 Sale 18 454 June 21 2554 154 154 54 154 1254 June June June June June June 14 17 3 15 19 4 June 1 254 June 29 iH 2H 354 Sale 2854 19 2354 254 June 29 254 June 17 10 11 1254 16 June 24 1754 June 1854 June 18 8 38 25 1554- 1754 454 Sale 854 854 5 854 6 9 654 r Sold 54 June 2154 June June 24 1554 June 30 1754 May 20 "15*" Sale 5 " Sate* 5 54 Sale 27 654 Sale 22 28 24 454 454 554 6 554 Sale 554 554 2754 2854 454 Sale 2154 2654 —— 99 *2254 "2254 *2054 Sale 112 654 Sale 554 3654 8 3754 7" Sale 454 5 * Ex-dividend. 25 Apr. 13 7 11 Jan. 22 Feb. 1 Apr. 10 Feb. 2754 Feb. 11 23 May 28 May 19 June 18 Feb. 22 54 June 154 June 19 1254 June 6 June 17 June 3 June 15 1 June 24 June 3 June 3 1 Apr. 22 June 354 June 29 June 24 1254 June 4 1 Feb. Mar. 13 1 2J4 June 29 254 June 29 254 June 17 29 June 14 2054 Apr. 28 June 1054 June 28 16 June 8 June 29 June 37 June 2354 1354 354 37 June 17 June 354 June 12 June 14 June 5 45i June June 5 June 99 June 10 654 June June 5 20 99 20 54 June 18 17 654 June 28 June 11 June 15 June 17 37 54 Jan. 22 June 1954 June 14 5 Jan. 454 May 14 5 May 17 27 May 19 4 54 June 28 10054 June 22 1954 June 14 10854 Feb. 8 5 June 17 3 x7 June 11 1054 June 25 7 May 26 3454 June 15 35 June 28 June 15 7 5 June 6 June 23 June 7 June 6 June 28 4 June 19 8 Feb. 10 Mar. Mar. Jan. Jan. Feb. 9 11 23 20 10 3654 Jan. 8 Feb. 17 26 2054 Feb. 11 2154 Jan. 8 Feb. 10 554 May 22 13 Feb. 19 >jt Apr. 26 654 Jan. 4 954 Feb. 18 554 Feb. 11 654 Jan. 22 35 Mar. 4 1054 Jan. 25 27 Feb. 8 103 Mar. 10 8754 Jan. 22 28H Feb. 9 109 Jan. 20 10 Feb. 19 454 June 18 June 154 754 454 454 5 7 18 June 15 20 18 1254 Feb. 18 4454 Feb. 8 27 June 454 June Apr. 2 254 Feb. 13 454 Feb. 5 1)4 Jan. 15 254 Jan. 14 2 June June 28 17 29 16 June 15 Feb. 2 Feb. 13 Feb. 9 Jan. 2 Jan. 8 Feb. 2 June June June Jan. Jan. May May 454 June 554 June June 13 Apr. June 17 8 Mar. 15 654 754 454 Sale 18 41 Mar. 16 654 Feb. 23 254 Feb. 18 June 21 2654 June 154 June 1 154 June 12 1054 June 25 10 3454 8 20 8 112 654 Sale 1 1954 Feb. Mar. 2 2954 Mar. 15 554 June 2 70 Feb. 11 43 June 17 1« 554 15 Jan. June 14 5 8 143 43 23 for cash. 454 June 15 10 18 Feb. 254 Feb. 18 June 15 ..... * May 26 1 Jan. 1154 Feb. 18 454 Jan. 354 Jan. June 1 • Mar. 16 June 17 2354 June 16 854 20 June 17 1454 June 15 154 June 1054 June" 28 1654 June 1 36 38 23 1154 June 17 Feb. 15 7 1 954 9 June June June June June June 11 19 May 1754 19 1354 Sale 54 154 June 18 40 1254 Sale 111 16 i 554 5554 654 354 154 454 10 15 17 17 14 June 1 June June June June 3 16 9 14 Jan. 21 2754 Mar. 10 7 1554 June 26 654 June 18 Jan. Feb. Jan. Feb. 3554 Feb. Apr. 28 754 June 17 Jan. 554 4854 554 354 9 6354 Feb. 19 38 42 1154 632 Universal Product com.....* No par value, Feb. June 17 20 29 10054 10054 100 6% preferred new.......50 Universal Cooler class A 754 June 17 2754 23 100 • 54 Sale 2254 6 (Tom) Distillery Co..l 201 U S Radiator 2,146 21 1654 154 3554 ' """644 6 2154 1654 Sale 654 20 25 Sale Sale 654 Sale 154 Sale Mlcromatlc Hone Corp.....l Mid-West Abrasive com...50c Preferred 200 ::::: "42" 29 554 Sale 42 3454 "i".3ii 1,450 1754 Michigan Sugar com.......* Preferred 7 4 3 36 28 10 1754 Sale 1854 1954 154 1154 Sale 454 6 12 10 ...1 McClanahan Refineries.. Sale 454 6 Co com........* McClanahan OH Co com....I 810 Motor Products Corp 60 14,969 1654 2 McAleer Mfg Motor 100 18 154 49 66 654 6 54 354 Sale 1 1854 154 Masco Screw Products , 195 "1*769 654 Sale 354 3 2354 Mahon (R C) class A pref...* 554 554 • Co com..l Kingston Products Corp 1 Kinsel Drug Co com.......I Kresge (8 8) Co com.......It Lakey Fdy Ac Mach common. 1 -25 64 63 61 ....* Hurd Lock Ac Mfg 2,183 115,443 6,355 145.358 7.883 1,620 48.257 2,834 II,135 34,440 46.831 454 June 654 June 2054 June 110 — 32 22 7 39 Class B Hudson Motor Car Sale 1254 * .......... 50 2 354 June 17 554 June 28 2054 June 4 8 23 354 Mar. 23 June 30 54 Jan. 4 % May 20 7 June 15 14554 Jan. 354 May 24 May 24 2 7 54 June 23 June 15 11354 June 7 6,443 47,195 General Finance Corp com ..It 79,257 Genera] Motors com 1 60,537 Goebel Brewing Co com 66,979 Grabam-Palge Motor com.. 1 21,954 Grand Valley Brew common. 1 10,305 ^all Lamp com 190 Home Dairy class A * IS 22,691 Hoover Steel Ball com 3.031 Hosklns Mfg Co common.2.50 253 Houdaille-Hershey class A..*1 4,918 12,344 5.293 2,003 June 10 254 June June 30 '754 June"l7 1754 1554 6 835 Gemmer Mfg Co class A.... Class B 7 14 21 Jan. 754 Mar. 10754 May 18 13254 Mar. 3 Jan. 5 1854 June 25 Feb. 10 254 May 13 Mar. 4 7 June 10 Feb. 1 19 June 17 Apr. 23 Mar. 23 2054 June 11 5& June 18 110 1054 1654 3 Gar Wood Industries com June 17 5654 Jan. 35 33 954 I,230 38,066 Frankenmuth Brewing com.l 45.390 June 10 June 18 47 Feb. 27 2954 May 20 June 14 15 June 14 254 June 10 June 28 2 Sale 2 Federal Screw Works com...* 3,219 19 7 Manufac'g Co com—4 Eureka Vacuum Cleaner....* 3",240 7 5354 Apr. 20 19 2.502 Ex-Cello Corporation ...8 17,947 r ederal Mogul common.....* 15,280 Federal Motor Truck com...* ""968 14 June 25 19 9 1954 111*120* 351 454 5 654 Sale Sale Sale 8 June 183 23 254 ?* Sale 11354 1145* 15054 15 15 254 Feb. 18 1554 Feb. 19 154 May 20 5 95a Jan. 4254 Apr. 4 2854 Apr. 28 40 June 17 2254 June 30 454 Apr. 2 15 Jan. 8 3 4354 June 4 25 54 June 14 554 June 5 June 17 2254 June 30 454 June 17 19 1854 26,834 Detroit Ac Clevel Nat com..10 61.476 Detroit Cripple Creek G M..1 Its 2,197 Detroit Bdlson com 100 Detroit Gray Iron Fdy —1 28,171 Detroit Mich Stove common. 1 I 20,271 Detroit Paper Products ..5 22,384 Detroit Steel Corp com 870 Detroit Steel Products.... 1,180 1,310 154 June 1354 June 9854 18 Cunningham Drug Sts..2.50 458 Delsel Wemmer Glib com..10 275 Highest Sale Prices 40 19 1554 1854 11054 112 19 2054 2 254 7 11 1554 114 23 Lowest Sale Prices 154 June 9 1154 June 17 3954 41 2254 Sale 4 54 654 2354 4154 27 654 2354 4?| Highest Salt Price* 39 30 30 4054 2554 3154 - 12He Burry Biscuit Corp Ask 154 154 1254 Sale 154 13 41 44 52"" "54" • Briggs Mfg Co common Burroughs Adding Mach. 1 154 Sale 41 Bohn Aluminum Ac Ask Bid Bid Ask Bid Brewing common. * Baldwin Rubber common... 1 Auto City Lowest Sale Prtc** June 30 June 1 1937 Share* Share* RANGE SINCE JAN 1. PRICES IN JUNE Price Since Jan. 1 4,126,774 Shares. 2,761,079 Jan. 2 June 1936 1937 I Jan. 1 to June 30 DETROIT STOCK EXCHANGE sales aggregate 1936 204,134 Shares. June EXCHANGE Stock Sales 1937 Slock Sales Jung 28 June 19 3254 Feb. 16 28 Feb. 19 18 5 13 Mar. 10 Mar. 1 Feb. 1 Jan. Feb. Feb. Mar. 25 Feb. 17 July, 1937] AGGREGATE DETROIT SALES DETROIT June Since Jan 1 Shares Jan. 2 STOCKS 50,807 Wayne 1 Screw Prod 200 ! U7 :-.r 274 188 195 107 823 Preferred 25 7 Sale 7H IK Sale 13 165 H 381 Borg Warner Corp com—...5 43 J4 20,023 8,448 2,379 2,944 4,988 5,423 20,910 5,320 12,873 421 903 691 1,054 936 1,168 1,153 20 924 Commonw Ac Southern Corp * Consolidated Oil Co ....«• N Y Central RR 160 7,027 Standard Brands Inc June "39X Sale" 56H Sale 56) * ' ■[ issued authorizing the government to increase the legal limit of the Treasury's borrowing power at the Bank of France to 15,000,000,000 francs. Under such conditions no trading could be done in futures. The Bank of France statement as of June 25 showed gold holdings of 54,859,163,636 francs. This item had remained practically unchanged since early in October. Paris cable 4.45% @4.46 on June 1 and at 4.08@4.46 June 30. The Belgian currency, as est of the Continental units. times quoted for many months, was the firm¬ While belga futures were some¬ at slight discounts, for the most part future quoted flat. Belgium continued to show steady business improvement, and the gold stock of the Bank of Belgium increased. On June 17 the National Bank of Bel¬ gium showed gold stock of 3,648,500,000 belgas, a ratio of gold to notes of 82.89%, and a ratio of gold to total liabilities of 68.97%. Belga cable transfers sold on June 1 at belgas were 16.85%, and 16.85% @ June 30 at 16.83%@16.83%. on Italian lire continued to be held steady by the exchange control at around 5.26%. Cable transfers on Rome sold at 5.26% @5.26% on June 1, and at 5.26% @5.26% on June 30. German marks displayed weakness throughout June. The free or gold mark (par 40.332c.) was frequently quoted around 40.10, while internal or blocked marks were at all times at the it severe discounts. Aside from the gold holdings of on June 30, computed that the Reich has 120,000,000 marks of Reichsbank, amounting to 68,954,000 marks was gold more reserve whose than it did at the beginning of the year. private note banks, is including gold taken estimated at around A League of Nations report on the from 200,000,000 financial status of various countries pointed out in June that debt rose between 1928 and 1936 from to to Germany's total 7,831,000,000 marks 14,439,000,000 marks, excluding short-term liabilities due financing the creation of work, motor highways, and de¬ fense. The report stated that these liabilities "will have to be met in coming budget years," but no estimate of their total amount was given. A manifesto of the which in June, totaled 31,000,000,000 000,000), marks The showed new 17 15 17 25 29 8 17 23 ratio a were and that the ($14,000,000,000). (approximately - $12,400,floating debt was 35,000,000,000 an statement for the last quarter of May increase in gold and bullion of 70,000 marks, for the first quarter of June increase of 172,000 marks, for the second quarter an increase of 48,000 marks, for the third quarter an increase of 37,000 marks, and for the fourth quarter an increase of 92,000 marks. In the fourth quarter of June the Reichsbank's gold and bullion stood an at 68,954,000 marks earlier and with as compared with 71,704,000 marks 806,785,000 marks on a Dec. 31, 1932. K June year The Bank's ratio for the fourth quarter of June stood at 1.5% compared with 25.8% on Dec. 31, 1932. The so-called free or gold mark was quoted 40.10% @40.13 on June 1 Jan. 9 2 May 13 100 5 Feb. 26 19 X June 17 of Apr. 29 June 16 June 25 June 29 May 13 June 18 May 15 Apr. 29 Jan. 14 June 23 sight 25.39% @25.41% the on 1,227,200,000 17K Mar. 11 44 X Feb. 4 l 4 Apr. 26 26 ft Feb. 0 55 H Mar. 17 23 K Feb. 25 20H Apr 16 H Jan. liabilities 22 21 of corresponded South American countries during June sterling-dollar fluctuations. The foreign to progressive improvement. It disclosed in June that the was Argentine Government had realized net profits of 192,000,000 ($64,400,000) through the sale of official exchange in period since November, 1933, when exchange control pesos the instituted. was In June Sr. Arthur de Souza Costa, Finance Minister of Brazil, visited Washington and engaged in con¬ versations with the United States authorities respecting a proposed Brazilian new banking with the possible assistance of system be to organized United States gold credit. exchange on Buenos Aires ranged Official a quotations for between 32.81 and 32.98 during June. The free market range was between 30.30 and 30.64. The official rate on Rio de Janeiro was between 8.71 and 8.83. The unofficial market in milreis ranged between 6.47 and 6.70. Exchange on the Far Eastern countries was steady during June, moving in close sympathy with sterling. The Japa¬ Finance nese financiers Minister that the assured delegation a government of determined was Japanese to main¬ tain the present yen exchange rate. A Tokio dispatch yen. with adverse an The basis is Is. 2d. per June 22 stated that confronted on trade balance of 625,000,000 yen, Japan prepared to ship 200,000,000 yen in gold bullion to the United States in support of the unit This amount was in was addition to 200,000,000 yen previously transferred. The London silver price on June 1 was 20%d. and on June 30 20 l/16d. The Hongkong dollar was 30.36@30% on June 1 and 30.17@30% on June 30. The Shanghai dollar was 29.77@30.00 on June 1 and 29.61 @29 29/32 on June 30. 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The Bank of The Netherlands added regularly to its gold holdings. On June 21 the Bank showed gold holdings of Jan. 10 May 27 Jan. IS 47 H 4 \i June 1 and 25.44@25.47 on and 40.07% @40.12 on June 30. Exchange on the neutral countries followed closely the fluctuations of sterling. Holland guilders were exception¬ ally strong throughout the month and the banking 29H Feb 27fi 68H Mar. 10 June 16 24H Jan. 18 June 17 x24K Jan. 28 total to 2 7 H Feb. % Feb. 18 Feb. 10 100 May 44 Feb. 2 59 % June 29 186K Jan. June 22 May 26 gold 7 H Jan. IH Jan. 1 exchange position of the South American countries showed 4k 4k 4k Reichsbank 2 ; Exchange Party, marks June 8 June 24 June 7 is?-"-*4 anti-Nazi German Freedom placed in the hands of foreign correspondents alleged that Germany's arms expenditures have was 1 June 17 sis marks. 4K June 14 4H June 18 June 7 June 5 June 11 June 9 June 28 June 8 June 9 June 5 June 30. I over and Sweden on Bank, stock, Sale Sale Highest Sale Prices 29 Mar. 20 84.4%. Guilder cable transfers on June 1 sold at 54.97@ 54,99, and on June 30 at 54.90% @54.92.; Cable transfers on This is believed to be held by the Gold Discount undivulged Sale guilders were June June June June June June June June June Sale { 20« l\u Morgenthau, Secretary of the United States Treasury, issued statements to the effect that the tripartite agreement would continue. On June 29 and 30 the French Bourses were closed by government decree, to be reopened on July 1. Decrees at 56 19?a Sale 18 % Sale 22 H Sale 44 X Sale However, during exchange equalization funds continued to support the franc, and both Sir John Simon, British Chancellor of the Exchequer, and Henry sold 1 June 9 June 10 June 16 June 5 June 2 29 22 21 15 June 14 June 18 Sale 40H Sale 14 17 i June June June I June Sale from the tripartite currency agreement.the crisis the British and American on 13 K 99 Sale gold standard, the franc promptly fell below 4c. The de¬ parture from gold meant the virtual withdrawal of France transfers June 9 June 3 June 21 June 1 2 44 ....* CConcluded from page June V, 53 June Sale General Foods Corp........* Hupp Motor Car Corp ...1 Kennecott Copper Corp....* Kroger Groc 8c Bak Co.....* Nash-Kelvlnator Corp......5 National Dairy Prod Corp-.* 684 Purity Bakeries Corp ....* 11,332 Socony-Vacuum Corp.....25 548 3 16 5 1 39K 6,900 American Radiator -—• 1,530 Amer Tel Ac Tel Co 100 2,694 Borden Co ——....25 1,186 4K June 14 4K June 18 H June 9 13 H June 22 ! % Sale 12 H 98 ~44K 43K 4H 6 Sale 97 X Lowest Sale Prices 25 K Jan. 1] Sale 103 H Sale Highest Sale Prices 30 4K ll .. Lowest Sale Prices Ask 1 V 100 Young (L A) Spring 8c Wire.* Unlisted Dept.— June 30 Ask Bid 30 28 4 com 25,550 Wolverine Brewing Co com__l 6,469 Wolverine Tube Co com 2 620 June 1 1937 978 Walker 8c Co class A * 11,610 Class B » 64,815 Warner Aircraft Corp com..l 4,640 2,006 1,200 , RANGE SINCE JAN. 1 Price Shares "2,296 63 PRICES IN JUNE STOCK EXCHANGE In STOCK EXCHANGE J»k Ilk Ilk 4k 4k ilk bbbbbb bbbbb XXXXXX XXXXX W tO tO W tO tO W tO k-1 to to Q San Francisco Stock Exch MONTHLY AND YEARLY RECORD ' . .1 V : (• ■■ FRANCISCO STOCK EXCHANGE RANGE OF PRICES ON THE SAN ;; V: Stock Sales 1937 415,960 3,902,915 1 Shares, June Jan. 1 to June 30. A _ _ _ _ STOCKS Shares. 375 Ask Bid Alaska Juneau Gold 1.370 1,702 V 100 2,631 1,697 1,226 • ^ 202 362 21,582 30,542 29,864 2,027 48,385 33,812 10,756 1,837 6,011 4,902 440 2,213 370 100 1,329 379 265 963 856 80 230 1,524 2,140 "9,875 1,188 2,180 528 590 2,030 900 699 70 - 190 i 830 55 643 888 •; 10 Sale 20 14*4 114*4 102*4 131*4 102*4 115 June June June 2 June 25 June 1 Jan. 113 7 June June 29 Jan. 10 Feb. Feb. Feb. 25*4 June June 5 June June June 2 June 21*4 June June 8 June June 22 June 34*4 32*4 23*4 12*4 Mar. 12 Mar. 15 Mar. 11 Mar. 13 Jan. 90 40 32 34 *4 47 50 37 Sale 50 Sale 102*4 Sale , 19 100 11 46 37 50 Apr. .05 36 June June 3 Jan. June June 12 Jan. June June 7 May June June June June June 2 8 1 June June June June Mar. Jan. Feb. Feb. 52 Apr. 06*4 Apr. 99*4 Feb. .03*4 June *4 Sale 47 49*4 36 35*4 51*4 50*4 100 103*4 93 90 June Sale Sale June June June Food Machinery 56 LOS *4 June 30 May 21*4 June 30 June Corp com.10 15,243 10 22,176 Foster A Kleiser com Class A preferred........25 3,092 5*4 June 280 647 1,020 5,310 273 826 2,534 1,810 29,988 34,033 10,527 33,060 66,445 common Sale (capital) ...._...* .10 Sale General Motors 16*4 June 29 20 " June 17 100 9*4 June 24 10*4 36 June 22 41*4 June 21 16*4 June 24 15 June 46 Jan. 6*4 5*4 June 8 Apr. 28 325 16*4 June 29 25 96 June 17 108*4 4 Jan. 26 17*4 36 June 22 59 11 16 Apr. May 3 3 Jan. 28 June June 8 1 June 8 7 June 22*4 June 14 19*4 June 9 40*4 June 15*4 June June 21 52 40 June June June June June 29 85 40 June 15 53*4 June 7 5*4 June 5 June 16 18*4 June 28 22 Jan. 12 16*4 June 24 Jupe 15 39 15 May 5 49*4 June 16 36 June 21 General Paint Corp com 14*4 36*4 .* Preferred Gladding McBean Co com..* Sale Golden State Ltd cap......* Sale 5,123 Hale Bros Stores, Inc, cap..* 3,246 Hancock OU 19,569 Hawaiian Pineapple........5 20 21*4 21 22*4 47*4 49*4 35*4 June 6 48*4 June 14 15 34 19*4 7 15 *4 15 June 14 39*4 38 June 7 June 25 21 Sale 19 6*4 June 14 530 1,940 ; y • Co of Calif capital 10 2,761 1,940 HonoluluOUCrpLtd cap new* 800 Honolulu Plantation cap..20 570 Hudson Motors Car Co.....* 18*4 June 28 Feb. 16 13 40 17*4 Jan. 4 22 Mar. 2 40 Mar. 36*4 June 54*4 June 16*4 June 4 June 21*4 June 7*4 June 38 16*4 May 19 22 June 26 17 June 26 June 22] 39 j June 9 21 June 16 June 1 35*4 June 18 June 18 June 14 41 Jun, 4 28*4 June 2 30 June 4 Apr. 27 May 25 140 "?"§7d 360 70 2,949 100 3,490 2,032 495 8,927 ""*155 T.545 8,837 15,720 1,705 Hunt Bros Pack preferred. 10 17,403 5,558 61,919 8,350 14,038 78,070 1,354 2,630 4,783 83,462 6.7" Class A ... Hutchinson Sug Plant cap. 15 28 29*4 June 23 17*4 6*4 2*4 May 20 5 3*4 Sale 4 Sale Sale 12 Libby McNeill & Llbby.i...* Lock Heed Aircr Corp com_.l Sale 42*4 12*4 12*4 12*4 June 28 3 June 29 30 38 June 11 June 11 16 May 17 5*4 June 16 June 17 20 June 14 May 17 June 14 3 June 28 3 15*4 June 3 35 Magnln St Co (I) common ... 29 Mar. 1 Feb. 28 8*4 Apr. 14 Feb. 13 23*4 Jan. 53*4 Jan. 15 18 44*4 Mar. 2 36*4 Jan. 21 32*4 Mar. 27 23 Feb. 2 8 Feb. 11 4*4 Feb. 3 25 Mar. 10 Jan. Jan. 25 27 Feb. 19 4 May 10 Jan. 5 Feb. 4 June 16 June 4 Jan. Feb. 20 13 May 22 May 14 June 14 2 June 17 *4!June 10 June 14 104 June 14 June 30 29 9 May 26 June 30 ' 25*4 June June;26 12 8 June 24 6*4 June 24 20 9 Apr. 13 Mar. 29 Jan. 21 Jan. 21 Jan. 28 Mar. 11 Jan. 28, 1937. June 29 June June 29 ! Feb. 7 17 June 26 ;Jan. 20 June 29 June 29 Mar. 30 .....100 preferred.......100 X Removed from listing May Jan. 40 11*4 June 22* Co prior pf.100 Preferred...... 70*4 Feb. 11 10 June 15 1*4 June^l7 Juneil4 17 104 * 100 57*4 Mar. 31 7, Mar. 1 7 Apr. Feb. Magnavox Co Ltd (capltal)2H June 29 June 16 June 29 June June * B Market St Ry 3 Sale 6*4 June 24 Marchant Cal Mach Co com 10 value. Sale June 14 pref..l00 Lyons-Magnus Inc A.......* Second 20 22 Leslie Salt Co capital .....* 12 May 17 5*4 June 18 2*4 June 15 7*4 Le Tourneau Inc common.10 L A Gas St Elec Corp Jan. "18*4 • Class B Preferred !i8 No par 38 Sale Langendorf United Bak cl A * .3 * 44 35 42 29 96*4 Jan. 17 41 Mar. 12 Mar. 3 Mar. 11 Jan. 7 June 16 June 29 47*4 Jan. 25 4 Jan. 5 Home Fire St Marine Insur j Jan. 24*4 47*4 19*4 60*4 40 35 2 Mar. 12 27 80 21 17*4 22*4 39*4 Sale 15*4 20*4 Apr. 13 Apr. 16 Mar. 12 35*4 June 6 48*4 June 14 14*1 Jan. 19 36*4 Jan. 4 18*4 Jan. 4 6*4 Apr. 8 16 June 29 June 36*4 Sale 54*4 Sale 15*4 Sale 37 38 *< 21*4 21*i 7*4 Sale 5 35 5 Galland Mercantile Laundry 4,211 2,729 Mar. .06*4 Mar. 27 32*4 Mar. 8 320 June 11 42 40*4 June 5*4 June 58 80 First Nat Corp of Portl cl A. Mar. 19 12*4 Feb. 20 June June 22 17*4 "18*4 62 37*4 40 93*4 Sale 34*4 48*4 49*4 4*4 Sale 17*4 18 25 June 13 31 15 25 2 13 20 3 22 June 50 Preferred.... Emsco Derrick & Eq Co cap.5 May 8 Jan. June 20 802 Ewa Plantation 1.521 Fireman's Fund Indent cap 10 6,310 Fireman's Fund Insur cap 25 Jan. 8 19 7 96 9*4 Sale 40*4 Sale 46*4 1*4 53*4 48*4 May May 3 June 22 June 22 June 2 June Sale 21*4 22*4 23*4 Sale El Dorado OU Works cap...* 31,630 Emporium Capwell cap.... 7,198 11,505 12 June 1-00*4 101 102*4 102*4 105*4 113 110 2,513 Chrysler Corp common.....5 112*4 114*4 "16*4 9*| 10*1 10*4 11. * 16,050 Claude Neon Blec Prod 48 42 43 42 46 * 6,210 Clorox Chemical A Sale Sale 103 727 Coast Cos GasAEI 6%lstpfl00 102*4 Sale Sale 23 25*4 22*4 23*4 1 1,080 Consol Aircraft Corp com Con sol Chemical Industries 39 41 34*4 36 Ino class A partlc pref..__* 16,265 5*4 5*4 1 3,887 Creameries of Amer (new) 55 Crocker First Nat Bk SFcapltO 293"" 325"" 320*4 375 54,880 CrownZellerb Corp com (new) Preferred (new) 9,918 33,040 Di Giorgio Fruit Corp com. 10 Preferred 100 4,238 27 7 5 101 91 Sale 27*4 21*4 Sale 30 11,257 Calif Cotton Mills cap...100 1 34,654 Callf-Engels Mining Co 4.520 California Ink Co lnc A..._* 37,437 California Packing cap.....* Preferred 50 2,615 585 California Water Serf preflOO * 7,729 Caterpillar Tractor cap Preferred stock 100 469 13 205 & 26 21*4 9*4 96 .... June Feb. 25 Feb. 6 Feb. 17 Mar. 4 8*4 Sale 29 7*4 Jan. 12 June 1 Sale 8 2V£ ...20 com...* 15*4 .55*4 31*4 7*4 Apr. June 23*4 June 4 *| June Sale 205 Sale ...100 12,574 7 4 Jan. 19 Mar. 19 118 4 Jan. 4 102*4 Jan. Feb. 11 Feb. 13 132 Feb. 1 Jan. 29 110 May 26 May 26 115 June 11*4 June 15 June 23 11 11*4 24*4 24 15*4 Sale 7*4 Bishop Oil Co 5 Byron Jackson com cap * Calamba Sugar Estate com 20 7% preferred 100 Sale 5 210 Preferred 7 101*4 Apr. Apr. 26 102*4 Mar. 101*4 Apr. •« «« *B 150 133 150 23*4 Diesel Eng Co 5 Bank of Calif Nat Assn caplOO 11 y 12*4 11*4 133 Fund Inc com caplO Calaveras Cement Co «. 1 101 June 3 110*4 Feb. 18 101*4 June 16 102*4 Mar. 16 4 103*4 Apr. 7 104*4 Jan. Jan. 21 101*4 Mar. 18 105 3 117"" 119" 116*4 118*4 Atlas Imp 750 264 100*4 103*4 100*4 103*4 101 101*4 96 115 116*4 114*4 116*4 M cap.10 Anglo-Calif Nat'l Bank Assoc Ins June 3 101 100*4 101*4 100*4 101*4 101*4 June 16 101*4 June 16 102 104*4 103*4 105*4 99*4 101 99*4 102 339 Alaska Packers Assn cap..100 y"2~ 654 June Hiohest Sale Prices ; paf Shares. 6,736 100 Lowest Sale Prices Highest Sale Prices Ask 101 104 Ask Bid 96 106 Bid Lowest Sale Prices June 30 June 1 1945 105*4 109 36,000 Atlas Diesel Eng Co 6s 11,000 Calif Gas & Elec Corp 5% 1937 102*4 105*4 105*4 2,000 Calif Packing Corp 5%..1940 103 1961 105 12,000 Calif Water Serv 4% Langendorf Un Bak Inc— 104 1,000 6*4% 1941 102 8,000 Market Street Ry Co 7s.. 1940 102*4 103 121 2,500 Pacific Gas A EI Co 6s...1941 117 104*4 20,000 JRy Equip A Rlty Co 4*4«1946 101 133 1952 128 2,000 S J Lt A Pt Corp 6% 14,000 tUnlon Oil Co Cal 4%.—1947 104*4 107 123 5,000 6% 1942 119 1,000 i,ooo m 2 1937 $ % m BONDS Jan. 1 RANGE SINCE JAN. 1 PRICES IN JUNE Price Jan. Since In June Jan. 1 to June 30 i $15,000 1,729,000 $2,000 110,000 - V 1936 y'v 1937 ^ Bond Sales ; June—. 4,494,085 SAN FRANCISCO STOCK EXCHANGE SALES AGGREGATE Vyy 1936 580,205 Mar 30 SALES AGGREGATE PRICES IN JUNE FRANCISCO SAN Since June Jan. 1 8harea Jan. 2 STOCKS 8,038 Meleir-Frank 2,934 Co Nat Auto Fibre* Ask Bid Par Inc 90 1,386 ; 720 40 130 : 360 30 "< 60 124 1,092 8,907 6,825 2.383 2,929 275 50 240 2,400 1,650 4,620 Preferred .100 30 1,720 16,651 6% preferred (new) 90 82 12*4 95*4 87*4 13*4 28 30 185 27,718 12,154 4,315 4,520 79,793 25,187 90 1,360 27 4 17 110 ip 71 28 102 28*4 103*4 35*4 36*4 43*4 Sale 1*1 2*4 1*4 9*4 iy8 8*4 3 h h 100 74 78 74 8 7 ■ -V ;.'"V v 7 77 3 9 81 74*4 June 14 77 71 June 17 6*4 41*4 16*4 8*4 June 14 June 17 June 1 June 28 Sale 3 80*4 June 22 June 17 19*4 9*4 3 *4 25*4 June 25 June 4 June 8 June 11 June 15 1 8 8 105*4 June 8 June 29 June 25 15 3 June June 15 5*4 June 11*4 June 29*4 June June 14 June 7 June 8 June 28 1 37*4 June 7 52*4 June 24 June 18 June 29 103 June 4 June 2 June 3 June 16 June 4 June 21 June 14 42 June 21 52*4 *4 *4 9*4 43*4 21*4 42*4 16 June 17 40*4 Sale 17*4 20 42*4 43 2*4 3 98 19 June 15 June 28 14 June 14 52 June 2 16*4 "go" 4 June 10 1 4 1 June 10 *\( * June 5 7 18 Jan 4 Jan. 16 Feb. 23 54*4 Feb. 2 87 109 5*4 Jan. 9 18*4 Jan. 15 89*4 Jan. 15 80*4 June 22 78 Feb. 13 13*4 Feb. 17 50 Apr. 19 19*4 June 25 10*4 May 7 3*4 May 25 33 Mar. 2 110 Jan. 28 42*4 Jan. 27 Feb. 10 120 106*4 Mar. 31 7*4 12*4 33*4 105*4 48*4 52*4 104*4 65*4 1*4 Apr. Apr. Feb. June Mar. June Mar. Mar. Jan. 16 16 25 8 12 24 9 11 11 1 Jan. 13 12 Feb. 17 49*4 Feb. 19 21*4 June 21 46 Feb. Feb. 17 21*4 Feb. 97 May 15 19 98 June 1( 17*4 Jan. 28*4 Feb. June 16 Feb. 1, c,:' 11*4 Jan. June " 330 325 June 17 325*4 June 3 33 30 June 22 31*4 June 3 30 June 22 40*4 Mar. 43 325 v*v f V ••• • ser 1.50 59*4 June 48 2 43 June 19 64 Jan. 54 50 ( g4*4 June 16 48 62 59 Jan. 19 June 8 50 Mar. 16 4*4 June 16 38 4*4 June 16 "4*4"june"i6 14 •• *1' V.-..-.-- v • t *4 *; y«? v. •*- :'''Iff';"'". y III ■ v': . .■■■• : <„ • *r. J'• •' *; • t • J. ",'1' .■'■ • <_s-. t':. ^ v,-*.;. • , * - ^^;::: *. • ' • *'■ L"v.* . r .• •• M • ' '• V :V'X" ' ■*' " ' «• . ■ '• . -'■' •' '■?1 ■ '■■■'"l". '■' -I . • ■! ■yOe.'b -Tr; ■■ t;';; V-, 1 '■■ ■■ ' • ■ ■' tft;'.;; ■ ' - X."v 'j-'i' v..k'-- I-' I! *'vv.. I.I'. v ■■ , ?;'V . -rl'II'I'V II: lylI.:;,|:iy/,i:|| ■ ■ . •• • I ■' I -v • ) y, ■ t' , 11', :'|' 'I Vi( •'.I ':-vV|. I".. ';l': I :: x''?I XI! -!>■; I ;>:/ -Ii' •l-l 'I|'|,:!■••- ■I'i:x. Illllv ;,„vi: . v. c,:,1"" III1 HI: Il;lli:l -• :.xil;xx|l|;||l|:l!-;lll . Ill ;l |. -I'Vi .. y | y:|._ ' .'.l''■,'"ll 1 : 'v y;| _ -|y,\/ 'i; •I #,$■ III" ' ii .| :lSl;i#i'':- ■- :i■'.Il-H 11 i;|': v||y^| If 'lllllll' :;|l||ll|li I lillll Hl'.-I' I'l' i ■':v-;-'lll-F;villIII III 'I.Ill 'I | - ;■ y. :'.;iIllyIIill|f;.yiIII-y y;l|y:I. 1 .1-;- <x:■:,.yr I lvx.;:v:•vX ;X;■ 'f •• I'll- >0'- :l :| |,'|;|'; ■! Ill 11''".I . :■ v ' VL-I' •: '• ■. V,. '■';.\S : >.v.: ' ' ' OV -vVy'. '.V:' • t 1 • ,',A - I •Cv.-y'.: • ✓ .i * * ^ 'III-' ■ ,; 1( 52 312 7:S;^'V*.■-VJ;^•>"';-v'^ : 13 Jan. Jan. Co—~~ 1 1 - 4' • ' •' 12 22 25 14 9 fM-Illl IIV: //>«• Jan. 32*4 Jan, 29*4 Jan. 53*4 Jan. !*4 June 16 15*4 June 16 55 7 4 38 May 19 1 June 28 15 6 6 22*4 Jan. 18*4 Feb. 12 Jan. 42 June 13*4 June 24*4 June 21*4 June 16 4 Jan. Feb. 90 99*4 June 24 12*4 June 16 9 Mar. 12*4 May 18 62 June 30 100*4 May 18 51*4 Jan. 13 3 June 30 12 June 29 75 June 9 50 Jan. 11 46 Jan. 18 6*4 June 14 41*4 June 17 15 May 19 8*4 June 28 3 June 28 25 May 18 103 June 4 41 Mar. 15 114 Apr. 4 106*4 Mar. 31 4*4 June 14 8 June 29 26 Apr. 28 103 Jan. 14 34*4 May 17 40 Feb. 26 102 Mar. 19 41 *4 June 29 *4 June 15 *4 Apr. 22 8*4 June 26 39*4 June 28 15 Jan. 4 Jan. 16 17*4 Apr. 28 Jan. 17*4 June 1 June 29 *4 June 15 2 *4 June 8*4 June 26 39*4 June 28 18*4 June 1 Sale llH June 23 77 42 22 25 25*4 June 11 June 4 104 101*4 104*4 103 31 32*4 116 June 17 118 115*4 118 June 7 June 7 103*4 May 13 107 5 June 15 8*4 19*4 June 28 24 135*4 June 3 152*4 133 Apr. 28 150 '"'"V- | ^• 3 *4 June 13*4 June June Jan. 32 t Removed from list Feb. 4. . ■, June 30 June 29 June 31*4 •••#":l' ' "• 3 23 16 23 9 June 69 5 16*4 Mar. 12 June 28 41 9 Mar. 96 Pipe A Steel of Calif Class A Series II • June 30 23*4 Sale ....10 9 12 75*4 II IF c.5 9 75 i2^ 40*4 42 19*4 Sale 9*4 Sale 3*4 Sale Sale* 17 K cap.l25 Yosemite Port! Cem Co pf__10 ■■ 73 35 7 10 24 55 1%A 100 (Consolidated) cl A ; l\Y< 48 62 Sale 82 *4 8*4 Sale 42*4 Sale 18*4 Sale 41 42*4 43*4 Sale 15 16*4 * v t Yellow Checker Cab ■' 53*4 78 1 3 8 105 113*4 106' 100*4 108*4 103 5 *4 Sale 4*4 3*4 5*4 8 8*4 8*4 10*4 11*4 28 27*4 27*4 29 29*4 104 104 105 103*4 105 37 36 39 34*4 38 44 44 Sale 52*4 Sale 101 101 103 103*4 102 43*4 Sale 41*4 50*4 Sale essee 25,389 '■ Sale 99 13*4 34 42*4 41*4 115 WellsFargoBk A UnTr cap 100 • 62 101*4 105 Walalua Agricultural Co..20 '"v 5 1 June 21 I-!' 14 24*4 June 10*4 June 8*4 June 16 19 102*4 Universal Cons OU I|!||| /-' V June 16 June 5 12*4 May 17 28*4 June 21 13*4 May 10 23 June 15 8*4 June 30 12*4 Apr. 30 17*4 Apr. 28 12*4 Apr. 28 28*4 June 18 28*1 Mar. 18 25*4 Mar. 18 4 16*4 10*4 30 106 United Air Lines Trans No par value, June 14 June I-'-!17< • 13 16*4 Sale 9*4 Sale 3 3*4 Super Mold Corp of Cal cap. 10 Telephone Investment Corp Western 15 80 4 30 5 June May 22 102*4 Mar. 1 June 19 45 Stand OH Co of Calif capital * 6% preferred new June 10*4 15*4 17*4 11*4 Sale Sale Sale 97 June 13 5 7*4 Spring ValleyCo Ltd capital * Union OU Co of Calif 14 23 9*4 70 Class B new 12*4 24 98 82 June 100 4*4% preferred 12 77 74 Sou Pac Golden Gate cl A--* Thomas Allec Corp class A Tide Water Assoc Oil Co co " 15 23*4 Jan. 13 it! (cap'l).lOO com June June 14 12*4 June 28 28*4 June 21 23 1 105 55*4 54*4 100 Preferred 97 80 2 June 15 June 5 50 Sou Pacific Co 16 June 1 Series A preferred June 13 100 Preferred 20 310 Mar. 17 Rainier Pulp A Pap cl A com * Class B vtc._. ......* 2,930 1,340 1,950 6,528 6,043 33 95 6% prior pref ser A 100 2,166 Schlesinger (B F) com (new). Preferred (new) 2,085 25 12,038 Shell Union Oil Corp com 902 5*4% cum conv pref 100 27,396 Signal Oil A Gas Co class A.* 70.695 Soundview Pulp Co new 5 230 15 18 67 5 493 Feb. 25 m 759 Safeway Stores Inc common 390 San Joaq Lt A Pr prior pf.100 """794 13 24 Ry Eq & Realty Co Ltd com.* 232 40 7 30 Phillips Petroleum Co cap..* Plg'n Whistle Corp partlc pf * 160 107 70 10*4 June 25 26 1254 June 3 11*4 June 29*4 June Sale 28*4 June 18 30 28*4 28*4 June 28 29*4 June 29*4 Sale 26*4 26*4 June 29 27 *4 June 26*4 27 41 42 41 June 28 43*4 June 43*4 44 103*4 Sale 103*4 June 29 105*4 June 104*4 105 5 June 15 5*4 Sale 5*4 5*4 5*4 June June 19*4 20*4 19*4 June 28 21 20*4 21*4 138 Sale 136 Sale 135*4 June 3 141*4 June June 3 139 June 130 138*4 139*4 135 40,860 Rheems Mfg Co.. ....1 29,887 Richfield Oil Co common.... 1,963 Warrants................. 'H 8,658 Root Bros Inc common.....1 605 16 29 14 23 * .100 com .... 93,408 Republic Petroleum Corp 100 Feb. 30 Pacific Gas Ac Bloc Co com.25 '23.154 2,165 14,291 6 44 14*4 24 10*4 Sale 13 15 * Pacific Can Co 1,187 6,108 10,424 2,590 18,660 1,211 13*4 May 26*4 June 30 9*4 June 18 PaauhauSuftarPlantCo capl5 Paclflc-Amer Fisheries, Inc.5 380 288 10*4 June 29 1 B 50 6% preferred 9,459 Paraffine Cos, Inc., 1,317 4 June 97 Sale 12*4 Sale * Oliver United Filters Inc A First preferred 29,904 » 2,515 Pac Tel A Tel Co common.100 390 11*4 June 31 93 14*4 Sale 30 31*4 57,831 6% 1st preferred........25 17,798 5H% 1st preferred.. ..25 37,283 Pacific Lighting Corp com 3,166 S6 dividend pref 30,363 Pac Pub Serv com non-vot. 2,529 1,613 10*4 June 29 26*4 June 30 954 June 18 82 93 91 679 O'Connor Moffat • 17,225 61,055 1,135 8,370 17,163 81,221 987 4,463 Sale 25 12*| ...100 ......100 33,552 North Amer OH Consol cap. 10 3,851 Occidental Insurance cap..10 1,610 Highest Sale Prices 11 31 22*4 98*4 Sale * 6% preferred 5*4% preferred 620 Lowest Sale Prices 26*4 Sale 9*4 Sale 34 Sale 32*4 * __.__100 Common. Highest Sale Prices Sale 10*4 Sale t c ▼ 31,448 A common aeries 1 53,878 Natomas Co capital North Amer Inr Corp— Lowest Sale Prices Ask 11*4 Sale 10 .... Ask Bid Bid ' 2,030 4,860 June 30 June 1 1937 Shares RANGE SINCE JAN. 1 Price STOCK EXCHANGE In 65 STOCK EXCHANGE SAN FRANCISCO July, 1937] ' - «\ I'I. ylly -y-|. T. I I y: ■; I'.' vt. Los Angeles Stock Exch. ^ MONTHLY AND YEARLY RECORD .. •*-.v. • .-v.V- ' !• • i ' •' ■ ' ■;-W. . . ■ . s,.r. RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE 1937 Stock Sales Shares. June Jan. 1 to June 30 STOCKS Par 9*4 26*1 65 2,344 5*4% preferred (new)..—.* 1 142,738 Barn hart-Morrow Cons 64.000 Berkey & Gay Furn Co—..* Warrants ...—.....* 101,600 32.400 Bolts Chics Oil Corp A 10 6.400 1.600 1.900 3.000 Bandini 800 2.000 2,000 4.000 100 100 650 44,400 49 x50 1,900 300 4,300 100 300 3.800 3,400 24,100 22,500 159,900 16,000 V 14,100 V 503.300 .....1 495 Farmers 9c Merch Nat Bk.10# 250 Foster & Kleiser Co.......10 6,500 General Motors Corp ...10 5.800 General Paint common.. ..* Oil Co Preferred * 1,000 8,300 Gladding McBean Be Co * 22,000 Globe Grain 8c Milling Co..25 * 1.300 Golden State Co 21,200 Hancock Oil Co A 78,000 Holly Development Co * 1 —5 530 Holly Oil Co 100 Honolulu Oil Corp.....—..* 1.300 cHudson Motor Car Co......* 400 International Cinema .....* 1 Lockheed Aircraft Corp 1 100 L A Gas A Elec 600 100 50 200 • Mt Diablo OH Ming National Funding Nor don A Dev..I Corp 10 Corp 5 67^c 61*4 62 14 36 18 *4 Sale 37 10*1 7 Sale Sale 8 21*4 22*4 77*4c 87*4c "7c" "I6c" 45c 29c 48c Sale 10 10** 1082* 109** 7** 80c I' 95c 3** Sale lc 1.35 2.25 25c 1 65c 70c 12 12** 18c Sale 11*4 35*4 36*4 27 33 700 Pac Finance Corp connon. 112 T 18* 15*4 1.05 Sale 440 3*4 3*4 97*4 Sale 4** June 25 1st preferred.. Preferred Sale 459 w 20 20*4 10** 7*4 38** 21 23 Sale 1.00 1.10 1.30 11c 1.75 15c 32c Sale 38c Sale 12 12** 4 7** 4*4 7*4 95c Sale 3*4 Sale 55c 17c Sale June 1 June 14 36 29 June 16 June 16 3 Bid "LOO * l".50 10c 11c 26c Sale 27c Sale 11*4 12** 3** Sale 5*4 6 36 June 14 30*4 June June 8 5*4 June 8 June 22 x5 June June 7 5** June 19*4 9*4 7*4 36*4 4 June 23 June 4 June 21 June 29 16** June 80c 85c 10 Sale 19c 21c 40c Sale 1.35 Sale 29c Sale y Mar. Jan. 65c 9 70c 10*4 17c 18c Mar 11 r. 1.15 June 24 1*4 June 13c June 5 4 32c June 11 40c June 2 12*4 June 3*4 June 5 5*4 June 28 June 34c Sale 1.15 Sale 70c June 22 10 June 1 16c June 25 8,182 Signal Petroleum Co For footnote* see page 67 25c 4 June 1 21 Jan. 85c Jan. 4 1.35 Jan. 15 35 Jan. 4 23 14 1.35 Sale" 20** Sale 11*4 14 19*4 Juue 17 June 7 26c 30 60c 9*4 106*4 3*4 5*4 June 17 Sale 39c 33c 40c 6** Sale 39*4 43 40c 50c 9** Sale 3 Sale Sale 224 Sale 2 90c 2*4 Sale A* 9*4 4 3** 3*4 65* Sale 2 2*4 1.25 2.00 3*4 Sale Jan. 23c June 17 I II Jan. 80c June 10 June 4 May 18 June 25 20c June June 23 Jan. 4 1** June 22** June Jan. 13 June 3 4 7 5 June 25 June 17 Apr. 8 May 14 June 30 Mar. 18 May 20 June 5 May 12 June 5 23 53 27** 53*4 28*4 2c 3c 35 20c 39 50c 53 8c Sale 35 29c 40 35c 38 40 9c Sale 35 37*4 25c 36c June 24 52*4 June 6 38 5c June 21 June 4 29c June 11 May 21 Mar. 1 Jan. 11 Apr. 5 Jan. 12 Feb. ^ 26 Feb. 1 Mar. 19 Mar. 6 Feb. 4 May 18 Jan. 4 12 Mar. 17 Jan. 13 Jan. 13 Jan. Jan. 8 Feb. 18 7 Mar. 19 Jan. 21 Jan. 23 Jan. 38c June 16 Jan. 9** June 1 June 28 3** June 10 7*4 June 1 2*4 June ; 1 June 16 Apr. 19 Jan. June 23 Feb. 13 Mar. 19 8 43 June IJune 17 1.45 June 4 June 3 2 Feb. 5 June 14 June 29 6 June 23 Jan. 6 3 Feb. 42*4 Sale _ 1, Mar. 15 5 Feb. 17 May 26 Mar. 31 May 8 May 10 6*4 June 14 40 June 29 36c June 15 Apr. 20 Feb. 23 Feb. 3 10 Feb. 9 415* June 53*4 June June 24 I Feb. 10 May 18 Mar. 22 Feb. 4 Mar. 12 9c June 30 38 June 2 30c June 11 Jan. 14 May 25 May 18 4 May Mar. 12 114"" IIIII 40** Mar. 24 Mar. Feb. 46 18c 25 72*4c Jan. 25 Feb. 10 16*4 Feb. 20 June 25 5 June 11 29*4 June June 1 29** June 7 June 7 June 30 27 Ju116 15 31*4 June 10 June 5 June 5 43 June 11 1055* June 17 5*4 June 5 June 5 8*4 June 28 3 June 16 6** June 29 2 June 23 1.45 June 3 3*4 June 25 1*4 Jan. Jan. 5 Mar. 19 Feb. 11 109 654 Feb. 8 June 15 Feb. 5 June 28 10 Jan. 7** 4 3 22» Mar. May 21 30*4 Jan. 19*4 Jan. 7 1.10 Apr. 26 8c Jan. 7 16c June 10 June 26 46c June 13 Feb. 4 Mar. 16 Mar. 24 June 22 Jan. 1.35 June 35c June 1.30 June 25 24 1.50 1.50 35 1 3*4 June 33c June 23 29 29*4 30 28*4 28*4 Sale 26*4 27** 26*4 Sale 30 31** 27** 29** 29*4 41 43*4 43*4 41*4 43 104 105 105*4 102*4 105 5*4 5** 6 554 6 21c 5 50c June 16 1.05 June 11 1.10 June 29 25c June 29 1_ 3 11 it 14 1 v Apr. Mar 11 r. May 13 29** 29*4 26** 44 36.350 Security First Nat Bank—.20 500 Shell Union Oil Corp 159.800 Sierra Trading Corp......25c * 3,700 Signal Oil-Gas A . 7*4 June 21 38** June 11 11** June 15 1 8 Feb. June 19 1.30 June 10 16c June 16 16 4 Jan. 11 4*4 June 19 70 Feb. 13 11 1.15 June 17 10c June 21 16c June 10 26c June 17 2** June 26 32c June 22 10 16 27 11 460 9 23*4 June 21 2*4 36c 45c 19c Sale 20c Feb. Feb. 19*4 June 23 21*4 June 2 1.00 June 16 1*4 June 5 75c June 25 17 64** Mar. 9 19*4 Mar. 11 154 Mar. 17 June 25 15*4 June 9 1.35 June 25 1.00 June 2 June 7 432 June 25 455 x4*4 June 19 x4?4 June 19 1 48*4 June 16 55** June Jan. ........ 3.969 Security Co units 6 June 22 14 15*4 June Feb. 44*4 Feb. 12 k Jan. 1754 Mar. 175* Mar. 24*4 Feb. June *5 Feb. 4*4 Feb. 10 135 May ............ 10 pflOO 43 4 June 16 June 8 June 23 16c 59*4 Mar. 19 42*4 Apr. 9 9 June 30 June 9 97*4 June 30 10 1.10 80c 2*4 June 28 Jan. 19 Feb. 23 Feb. 23 Feb. 25 Feb. 18 Apr. 9*4 6*4 37** 1** 57 17 20*4 22*4 9** Sale 7 7 37 374 Bid 17c 22 May 20 10** June 49! 15! 1.10 Sale 13c Jan. 14** June 14 8*4 June 17 \2M Sale 5 14 453*4 431 22*4 June 30 16 5** 10 2*4 Jan. 4 106 5 14c 6c June 5 11c June 16 12c June 5 5 10 15** 9 17 24 5c June 30 11c June 16 10c June 17 14*4 15*4 5*4 5*4 Jan. 16 28 Feb., ......* Rice Ranch OH Co..........1 32.100 Richfield Oil Corp Warrants 1,800 1*4 June May Apr. 1.50 May 95c 4 5*4 Jan. 8 9*4 Jan. 2 305* Mar. 17 415* Mar. 17 90c Apr. 1 3*4 Jan. 25 2** Feb. 5 7 54 Jan. 4 x5c June 24 32 10 55** Sale 15 15*4 21*4 11*4 10 Preferred series A.......10 3.000 Pacific Western Oil Corp...* 147,500 Republic Petr Co Ltd ..10 3*4 '"1*4 Sale" 41 San Joaqiuin LAP 1% pr 300 8 12 Pacific Clay Products......* June 18 June 22 Jan. 2 x5c June 24 55 35 40c 36c Pacific Distillers Inc 100 San Gabriel Riv Impt Co 2.450 12c 38 26.300 Roberts Public Markets....* 28.666 7c Sale 18"" "18*4 85c 19c 24.800 Ryan Aeronautical Co 1 2,017 Samson Corp B common....* 9,430 6% Preferred ...10 374 1 55 1** 1.20 45c 1.900 117 2 1.10 June 2*4 June 22 June 17 1 2** June 95c June 18 11c Sale 10c 15 80c 18c 2,400 V 16c 32*4 34*4 11*4 Sale 15 15*4 41c .........1 87,650 400 60c June 1*4 June 16 7c 10c 5c Sale 12c 7c 111 ....1 Pet Corp Ollnda Land Co 200 700 49c June 4** June 16 3*4 ...... 1,900 13,400 June 22 June 4 Juno 18 June 5 60c 1*4 30 45 Preferred series C......10 1,900 25 2,900 Pac Gas A Elec Co com 1st pref 0%... 5,100 25 1,600 5*4% 1st preferred.. 25 10.500 Pacific Indemnity Co ...10 2,300 Pac Lighting Corp coat.....* 410 $6 preferred. ...._..* 700 Pacific Public Service * 150 2*4 5** 23*4 38*4 2 55c 37 43 Oceanic Oil Co.............] Occidental 500 8,600 .10 B 500 500 200 4% pref 67,520 Mascot OH Co—•...1 41,400 Menasco Mfg Co.— ...1 1 9,425 Merchants Petroleum Co 738,186 Mid-Western Oil Co......... 2,005 Mills Alloys Inc A.........* 100 """666 1 Kinner Alrpl A Motor Corp.l Lincoln Petroleum Corp 21,000 L A Investmsnt Co.... 1.800 "6.800 2*4 June 22 4*4 June 17 23*4 June 18 37 June 22 4*4 11c 6c 2,500 Goodyear TAR Akron com.* 27** 28** 85 103 $5 Preferred (new)..—...* 101 40.000 2,800 296,750 173,125 187,720 366,700 10.600 9,400 17,900 4*4 24*4 36** 104 L A Industries Inc.——2 200 2*4 , 4*4 6c 5c A 170,700 4.000 2*4 2 1.00 5*4 5*4 280 Highest Sale Prices 85c Creameries of America rtc.* Exeter Lowest Sale Prices Sale 1.10 18* Preferred "5.566 24,500 4,700 6,200 21,400 60c Sale Steel com....* ....* Consolidated Jade Oil Co 700 1.25 Consolidated Oil Corp......* 339,700 459,765 447.900 32,700 3,613 1,800 2.300 2,000 181.300 2*4 2*4 5** Sale 2** Highest Sale Prices 4*4 Sale 1.10 Claude Neon Elec Prod Ltd.* 61.765 44,600 3,800 11,000 34*4 601 District Bond Co .....25 100 Douglas Aircraft Corp—...* 9,900 Emsco Derr Be Equip Co 5 100 200 38*4 254 Sale 500 Chrysler Corp.......—5 12,200 Citizens Nat T & S Bank..20 .... """loo 4** 23*4 ... 1.204 x25 25 45c" Sale Lowest 10 B 25 2,500 California Bank new 1,000 Calif Packing Corp 3,835 Central Investment Corp. 100 9,300 Chapman's Ice Cream Co...* 100 100 •y.ioo 24 1,386 Broadway Dept Store pfd.100 47,100 Buckeye Union Oil com—1 21,000 Common rot tr ctfs 1 15,700 Preferred..— 1 76.200 Preferred rot trust ctfs_.l xlOO 1,500 900 700 900 500 Petroleum Co Bid 4 ** Sale 262* 3 5* 1 Assoc Gas & El A Ask Bid Ask 37*4 ....1 700 Barker Bros common.......* 1,900 79,400 Wsk Sale Prices June 30 June 1 1937 Kd 100 : . RANGE SINCE JAN. 1 PRICES IN JUNE Price Shares 4,200 fljsOO $5,666 Jan. 2 Jan. 1 June Shares 100 june"36IIIIIIIIIIIIIII Jan. lto 1936 1937 „ Since In 1,007,949 6,790,079 LOS ANGELES STOCK EXCHANGE SALES AGGREGATE Bond Sales 19 6 820,138 9,408,740 Mar. 13 ANGELES LOS AQQREQATB SALES Shares June SO STOCKS Shares 1,600 29,800 go Calif Edison Ltd com. 775 Original preferred......25 12,600 4% preferred...........25 23,000 BH% preferred.........25 500 So Calif Gas A 6% pref...25 £££ 80 Counties Gas 4% pref.lOf 10,800 Sontag Chain Sotres Co Ltd. * . 10 2.000 1.600 . EXCHANGE PRICES IN JUNE LOS ANGELESSTOCK EXCHANGE Since Jan. 1 STOCK Lowest 2554 June 4 25 107" "June" 24 L07~""june"24 30 106 11% June 16 43 % June 26 40 June 28 3 % June 23 37 M June 28 22 % June 14 ....* Sunray Oil Co..—........ Superior OH Co common...25 Taylor Killing Corp —* 12 % June 16 12% June 2 51% June 0 42% June 4% June 42% June 23 % June 13% June 1 8 4 8 1 76,700 Union OH of CaUf Jan. June Jan. Mar. 10% Mar. Weber Showcase k PI* pfd..* 9 MINING STOCKS— 300 Alaska Juneau Gold M Colic 12% May Calumet Gold Mines Co..lie 20c lc Cardinal Gold Mining Co 1 Cons Chollar G & S Co ...1 Gold Ore Mining Co 1 *7c 322,050 Black Mammoth Cons M Colic 4%c June Oatman Rainb Gold M Co. 10c 10,000 Prince Cons Mining Co 10 2 "65c June""7 1 40c June 11 1 9c June 23 2,200 Amer Rad & Stand San.....* 5,458 Amer Tel 9c Tel Co 100 1,800 Anaconda Copper Mining..50 20% June 1 21 v June 1 164% June 24 165% June 23 900 Atlantic Refining Co. 25 9,500 (The) Aviation Corp (Del)--# —* 29% June 7 June 1 49 6 June 17 200 Bendix Aviation.........—5 600 Caterpillar Tractor.. .......* 25,300 Cities Service Co...........* 1,000 Commercial Solvents.......* 9,600 Com'wealth 9c Southern....* 1,800 Cord Corp.................6 19,400 Curtiss-Wright Corp 1 1,600 Electric Bond 9c Share... 5 800 General Electric Co. Feb. 13 5 29% Jan. 8 28% Mar. 11 28% 18% 47% 2% 9 4 13% 8 10 61% 5% Jan. Feb. Mar. May Mar. Feb. Apr. Jan. Jan. June 20 29 4 19 19 16 31 2 4 27 4 17 10 17 11 13 12 29 7 7 Jan, 20 Mar. 23 51 June 18 29% June 6% June 7 8 Jan. l%cJan. lc 50c 38c 8c 28 4 Jan. 4 Mar. 22 Feb. 5 May 18 20% June 1 29% 160% Apr. 29 187% 49 June *17 68% 29% June 7 35 5% May 18 8% Jan. 6 24% Apr. 7 90 Apr. 14 2,000 Baldwin Locomotive. ' 41 May 29 1% Apr. 21 425,200 ^ 32% Jan. 34c 1,072,100 Imperial Development Co.25c UNLISTED STOCKS— Jan. 18 29 26 27 56% Feb. 18 4% June 16 200 Yellow 9c Checker Cab Co..* Yosemite Portl Cement Corp 48.840 Tom Reed Gold Mines Co June 17 11% 36% 1% 7% Wellington OU Co.......—1 Western Air Express Corp..10 156,425 Zanda Gold Mining Co June 22 Sale Prices May 4 315a Feb. Apr. 7 108% Feb. 11% June 16 14% Jan. 43% June 26 62% Mar. 40 June 28 49% Feb. 5 Feb. 3% June 23 Mar. 37% June 28 55 21 May 15 25% Mar. 12% June 16 17% Jan. 23 ....25 UnlTersal Cons OU Co....10 Van do Kamps Bakeries. .... * Victor OU Co 10 1,200 518,300 61,400 27,900 5,400 Sale Prices 22 % May 13 141% May 13 155 540 Union Bank 9c Trust Co..-50 24,500 1,400 1,130 2,408 51,800 2,200 Highest 36% June 14 26% June 30 36% June 14 26 % June 30 25 June 22 249,200 Transamerlca Corp.........* _ Lowest Sale Prices 24 % June 14 36M June 1 27% June 4 Southern Pacific Co......l0t standard Oil of CaUf Highest Sale Prices 23 % June 28 «, 6,200 16,000 46.900 36,900 3,500 RANGE SINCE JAN. I 2% June 21 16% Apr. 23 2% May 19 3% May 1 5% June 24 Feb. 3 Jan. 8 Mar. 10 Jan. 23 9% Jan. 12 10% Jan. 29 27% Jan. 13 90% Jan. 14 5% Jan. 16 20% Jan. 20 4% Jan. 13 5% Feb. 2 18% Apr. 30 52% Apr. 30 32% Jan. 8 10% Apr. 28 ....* 400 Goodrich (B F) Co ♦ 2,300 International Tel ATel.—• 8% Mar.? 3 27% Feb. 14 62% Feb. 6 49 62% Mar. 20 Mar. 17 15% Feb. 17 200 Kennecott Copper Corp....* 55% June 28 55% June 28 800 McKesson 5c Bobbins 800 Montgomery Ward 9c Co....* 13 % June 7 52% June 29 13% June 17 15% Mar. 25 52% June 29 68% 54% 17% 34% 12% 2,800 18,700 1,400 12,200 28,500 4,300 N Y Central RR ♦ No Amer Aviation Inc... 1 North American Co........* PackardiMotor Car Co......* Radio Corp of America.....* Radio-Kelth-Orpheum......* 400 Seaboard OU Co of Del 2,500 1,500 2,100 7,500 Odd lot, V 43 ~8""~June"l7 ? June 11 June 15 8 8 7 8 7 June 14 June 16 * Standard Brands Inc.......* Texas Corp • Tide Water Assoc OU * United Corp (Del)..........* 500 U S Steel Corp,............* 16,000 Warner Bros Pictures.....5 100 Westlnghouse El 9c Mfg Co.* x 43 11 11% June"25 17" June" 11 .4% June 14 12% "June" 14 June 11 9% May 18 24% Apr. 29 June 17 June 14 June 16 40% May 20 11% June 25 51% Jan. 21 16% May 14 4% June 16 96% Feb. Mar. 5 Mar. 17 Jan. 21 Jan. 15 Fe >. 19 12% Jan. 15 10 Apr. 19 43% Jan. 18 16 Jan, 18 63% Apr. 15 21% Feb. 4 8% Jan. 14 1 108% Apr. 27 17% Feb. 9 11% May 14 151 Jan. 12 151 Jan. 12 In the earlier part the country, for the General Quotations we those dealt in to the on stock exchanges of In this department of comprehensive whole, securities of all classes and descriptions, not only of this publication complete records of the dealings on the leading latest month and for the calendar year to date, are furnished. combine in one the exchanges, but also leading unlisted and inactive securities. .; 1 \ : Exchange Seats ....... ........ Joint 84 ".v: ivv.Y'-\ Bank Securities—....111 Stock Land Federal Land Bank Bonds............... 91 Mining Stocks........ Foreign Government Bonds...... 92 Municipal Bonds—Domestic.... Industrial Bonds— ... ............. 85 -s, '■ 4. P«X* - 73 .......113 Railroad Stocks......................... Real Estate Bonds ....... ... 85 85 Deposit Stocks.. 85 91 Real Estate Trust and Land Stocks...... 93 ..... Canadian 82 ..... Textile Stocks ............. 85 Public Utility Bonds.... 74 Title Guarantee and Safe 99 Public Utility Stocks.................... 79 United States Government Securities...• Investing Companies Securities.......... 73 Railroad Bonds......................... 58 United States Territorial Bonds.......... Industrial Stocks 11- v' The following is an index different classes of securities quotedi —... .... Insurance Stocks ; :r-'t\y.y ................ 91 91 Quotations for all securities are as near as possible for the closing dag 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 therefore the purchaser does not have to provide always "flat," and no designating mark is forms part of the price, and In the case of income bonds and bonds in default, the price is for It separately in making payment. 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 cases the figures are obtained from sources which are considered reliable. often used, viz.: "M" for mortgage, "g" for gold, "gu" for guaranteed, "end" for endorsed, The following abbreviations are "conv" for convertible, "s f" for sinking bond prices Bid Bonds RAILROAD BONDS Akron Canton & Youngstown— Oen & ref 6s 1945 series A. A&O / Gen & ref 5%s 1945 ser B.A&O / Alabama Great Southern— 1st cons g 6s 1943 ser A...J&D 1st cons 4s 1943 ser B—...J&D ■■■■'* are "and interest" except where marked "f" and Income and defaulted bonds. Atlantic Coast Line of S G— Gen 1st g 4s July 1948 2d g 4s 1948 Atlantic & Yadkin— 65 63 62 64 1st mtge gu g Aug Term 1st Eq trust 6s ser G 1938 A&O b 1.70 Alabama Tennessee & Northern— Prior lien 6s 1948 J&J Gen income 6s Oct 1948—J&J Alabama & Vicksburg Ry-103 1st M g 5s 1974 series A..M&N 104 % Albany & Susq 3%s g 1946..A&O Alleghany Gorp— Coll tr conv 6s 1944——F&A Coll & conv 5s 1949 J&D Coll & conv 5s 1950 A&O 111% 108% 1.10% 14 n. _ 1st mtge 5-yr 108 1.75 2.75 3.75 67 82 108% 98 63 101 104 110 113 109 % 109% 104% _ Conv g 4s *05 due 1955..J&D Conv g 4s of *10 due I960. J&D Conv aeb 4%s 1948 J&D Trans S L 1st g 4s 1958—J& Gal-Ariz lst&ref4 %s'62 opM&S 103 % iofll 104% 109% 108% 108" IBB 113" \ 1st 5s ext May 1 1954..—M&N 107 UO 112 114% 103 106 99 100 105 H 107 Atlantic Coast Line RR— 1st cons 4s July 1 1952...M&S Conv deb 4s 1939 op '16—M&N 1964..J&D 10-yr coll tr 5s May 1 '45.M&N Lou & Na»hv4s Oct 1 *52.M&N Equipment trust 4%s.. Eq 4%s 1938-41 E (yr)...F&A Atlantic Coast Line (Conn)— Irred ctfs of indebt 5s.. ...J&D Gen unifser A 4%s 6 Basis. 102 }$* 100 97 87% 104% 91% 1.75 A&O 87 Pittsb Lake Erie & W Va— Refund gold 4s 1941 M&N 8 W Div 1st 5s 1950 J&J 75 89% 74% 76" 75 2.25 1.50% 1.50% 2.50 1.50 1.00% 1.25% 2.00 Toledo & Gin Div 4s 1959.J&J Bangor & Aroostook— 111 % 1st M 5s g Jan 1 1943 J&J Cons refund g 4s 1951.—..J&J 107% 4s stamped 1951. ...... Pis cat Div g 5s Jan 1943.. A&O ^109 St Johns Riv Ext gu 5s '39.F&A 107 109 Van Bur Ext 5s g Jan '43.A&0 107 Washburn Ext 1st 5s '39..F&A Battle Creek & Sturgis— < 90 105 , & 1.25 1.25 91 91 93 May 1940 M&S M&N 4%s 1961 ser JJ A&O Equip trust 3%s Dec 1 1937-44 Eq 4%s 1938-1943 (yr)...A&O Equipment trust 5s Boston & Maine (old)— 4s Aug 1942.. —F&A 3s July 1950 J&J Equip 5%s 1937 (yr) F&A o Eq tr 6s 1938 (year) J&D 6 1st m 5s 1967 ser AO m 5s 1955 ser 2 71% 5s June 1945.............. / lstm4%sJuv 151947—J&J15 J&J15 / 1.75 2.00 ' 64 -— g 4s 1955 2.50% 103 99 105% 92 92 93% 90 91 103% 1.25% 99 1 17 P 20 106 106% 106% F&A 2.00 94 Canada South 5s 1962 ser A.A&O Canadian National Rys— 114% 4 %8 guar 1957———J&J 4%s guar 1951..........M&S 4%s guar 1956— F&A 4%s guar 1955 .....J&D 15 40-yr 58 guar 1970—. F&A 5s guar July 1 1969.... J&J 58 guar Oct 1 1969.......A&O 5s guar 1954 F&A 16-year guar 3s 1950...—J&D Guaranteed 3s 1944 ...M&N Guaranteed 2s, 1938.. M&N 7-year guar 2s 1943——F&A 17-year guar 3s 1953—...F&A Eq tr 4%s 1938-1942 (gu) M&N Eq tr 4%s 1938-45 (ann).J&D Equipment trust 5s....... 112% 112% 113 115% 117% 115% 117% 115 95 100% 100% 81* 94 3.00 3.00 3.00 Canadian Northern— S F deb 6%s ' 15% 15% 105 Eq tr 5%s 1938 M&N Atl Ry 1st 4s 1955..J&J 2.00% 38 106 Canada 90 •**«"/ 20 J&J 1946 ...J&J n Nominal. P'?JI 64 103 *34—A&O / Certificates of deposit / Gen M 88 ?-v'-'v"- 3.00 84 1947—F&A 101 . 3.25 , Gen m 6s 1938 Boston Term Co 3%s 4s 1950 Cambria & Indiana— 88 t 7- ' 3.10 100 Butte Anaconda & Pac 5s *44 F&A Cambria & Clearfield— 1st 5s g 1941 .——.J&J 73 .102% Belt RR & Stk Yds (Indplis)— 101 1st ref gold 4s 1939 M&N 94 Belt Ry of Ohatt 1st 5s '45—J&J Belvidere Del 1st 3%s 1943..J&J 102% Bessemer & Lake Erie— Equip tr 2%s 1938-1947i.M&S 62.70 107% Big Sandy Ry 1st g 4s 1944..J&D Birmingham Southern— 3.70 Equip trust 3%s Dec. 11937-46 99 Birm Term 1st g 4s 1957 gu.M&S 89 Bluff Point Land & Imp 1st 4s *40 21 Boonville St L & Sou 5s '61.F&A Boston & Albany 5s Oct '63—J&J 105% 5s June 1942............J&D 104% 102 5s July 1 1938 J&J 97 4%s impt 1978-F&A 1st mtge 4 %s ser A 1943..A&0 104% 90 3%s Jan 1 1951—.-.——.J&J 90 Ref 3%s 1952 gu N Y C_.A&O 92 Boston & Maine (new) 5s Sept '41 4a-5s April 1947 87% ... 89 5s April 1944 1st mtge gu g 4s 1955 F&A Bost & Prov deb 5s July 1 1938 Boston Rev Beach & Lynn— Con 1st & coll tr 5s g 92 k Last >als. 78 £ 80 m Burl Cedar Rapids & North— 70 Bedford Belt 1st 5s 1938 J&J Beech Crk Ext 3%s 1951—A&O 91 ......... 1943—.—. Brooklyn & Montauk— 2d (now 1st) giold 5s 1938-J&D 102% 103% Brunswick & Western— 1st mtge gtd 4s 1938-——J&J 101% Buffalo Creek 1st 5s 1941 J&J 108 oo % 1st ref 5s 1961— J&J 100 Buffalo Rochester & Pittsburgh— General 5s g 1937— M&S — 107% Con g 4%s 1957 111 M&N I 81 Equip trust 5s 1938 J&D 6 2.00 Buff & Susquehanna RR Corp— 98 1st 4s Dec 30 1963 J&J 102% 10h% 1st guar g 3s 1989-. J&D Bay City & Battle Ork 3s '89 J&D Ask Boston & N Y Air Line— 5s Jan 1946 2.00 105% 104% A&O 66 /This price includes accrued interest. 102% „ 108% 105 % Rocky Mt Dlv 4s 1965—J&J Athens Terminal Ry— 1st g 6s 1937 J&J f 29 Atl & Blrm. See Seab'd Air Line Atlanta & Charlotte Air Line— 1st M 4%- 1944 ser A J&J lot M 6s 1944 serB J&J Atlanta Knoxville & Northern— 1st mtge gold 5s 1946-....J&D 1st cons 4s Mar 1 2002 M&S Atlanta Terminal 6s 1939...F&A Atlantic Oity gu 4s 1951 J&J 99 97% 1939—F&A 1960 F&A 1995 series A.J&D 6s 1995 series O.J&D 5s 2000 ser D..M&S Ref & gen 5s series F 1996.M&S Eq tr 4%s 1938-40 (yr)_._M&N Eq tr 4%s f38-'41 O (yr)..F&A Eq tr 5s 1937 (yr) F&A Eq tr 5s 1938 (yr). F&A 90% 1.25% 1.75% 2.50% 106% 106 Ref & gen Ref & gen 96 Ry Bridge & Term— 1st M 5s 1964 M&S Aroostook Nor 5s g 1947....A&O Aroostook Valley 1st 4%s "61J&J Atchison Topeka & Santa Fe— Gen mtge gold 4s 1995 A&O Adjustment 4s July 1 1995 Nov Stamped M&N Conv g 4s of '09 due 1955.J&D J&J gtd g 5s 1941 notes 4%s 5s Jan 1st 77 74 113 Conv g 4%s Ref & gen 5s 95 Equip 68 series D 1937 J&J Equip 5 %s series E 1939—M&N Equip 5s ser P, G & H, '41-'45 Ann Arbor 1st g 4s 1995 Q-J sec 5s March 1942— 1st 4s 1949 A&O 6s 1947—A&O gu g 1st M 4s g July 1 1948 1st M 5s July 1 1948 59 1st mtge guar 4s 1998-—-A&O American Refrig Transit— Ark & Mem 46% 46% 44" Baltimore & Ohio— 4 6s , 103 5s Augusta Union Sta 4s 1953..J&J Baltimore & Harrisburg Ry— 1st M West Ext g 5s 1938.M&N . stamped 1950 A&O Allegheny Valgen 4s 1942-.M&S Allegheny & Western— J&J Austin & Northwestern— 188* 108 , S:V': J&J Boston & Maine (new) Concl— 5s May 1943................ Atl & Danville 1st 4s 1948..-J&J ; Bid Bonds Ask Bid Bonds Ask „ Aberdeen &Asheboro 1st 5s'40J&J / 21 98 Adirondack 1st 4%s 1942 gu M&S 102 Akron & Barb Belt g 4s 1942. J&D : "cons" for consolidated fund. "1 g" for land grant, "op" for optional. letters showing the interest period indicates the month when the bonds mature. The black-faced type In the NOTICE—All _ merely nominal, but In all ■ ./V 123 123% JULY, 1937] RAILROAD BONDS NOTICE—All bond prices Quotations for all securities Bonds 20-yr coll "and interest'' except are as Bonds Chicago & North Western Cont. Eq 5s 1937-'38 O iyr)-.-J&D Eq 4Mb '37- 42«yr)ser A.M&N OhicR I&PacRy— General gold 4s 1988-—-—J&J Certificates of deposit— 94 Its 1946—M&S Coll tr 6s 1954 J&D S f 4%s Dec 15 1944—J&D 15 Coll tr 4%s 1960 J&J Oonv coll tr 6s 1942 M&S 15-yr conv coll tr 4s 1949--J&J Oonv coll tr 3%a 1951—r&A Eq tr 5s 1944.7. Eq tr 4%s 1937-194 5s-a—J&D Oaro Cent 1st g gu 4s 1949..J&J Oaro Clinch & Ohio 5s 1938.J&D 1st cons 6s 1952 ser A..J&D 15 Carthage & Adirondack— 1st mtge guar g 4s 1981 J&D Oatawissa Cons g 4s 1948—A&O Cent Ark & East 1st 5s 1940. J&J Cent Br Un Pac 1st g 4s '48. J&D 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 4 Ms '38-'40 ser P'yr)M&S Eq tr 4%s '37-'40serQ<yr)M&N Eq tr 5s 1938 lyrly) J&D Ohatt Div gold 4s 1951—J&D Macon & Nor g 5s 1946 J&J Mid Ga & Atl 1st 5s 1947—J&J Mobile Div g 5s 1946 J&J Oconee Div 1st 5s 1945 J&D Cent New Eng 1st gu 4sl961 J&J Central of New Jersey— Gen M mow 1st) g 5s 1987.J&J Gen M 4s 1987 J&J Eq tr 4%s 1937-'41 (yr)—F&A 103 104 106 % 102 107 M 100M /109 M 102% 99 % 114 b 3 00 / 72% 103 103 110 103 M J&j 100M 2.25% 27" 14% 15 M „ 4.00 3.00% 3.00% 3.00% 4.00 4.00 30 23} 10 19 32 19" 24 70M 49 M b Central Pacific— 1st ref 4s g guar 1949 F&A 1st g guar 4s Oct 1 1954—A&O 50 % 57 M , 2.50 1.50% 107 % 108M 104 Guar g 5s 1960 F&A European loan 4s 46 -—M&S J Central RR & Banking of Ga— Coll trg 5s 1937 M&N 96" 94M 88 | 89 M 88M 4.00 3.00% 106 78" 104 Chattanooga Sta 4s 1957 gu—J&J Chesapeake & Ohio— 1st cons g 5s 1939 M&N General 4 Ms gold 1992—M&S Ref & imtp 3 Ms D 1996—M&N Ref & .mpt 3 Ms ser E 1996 F&A notes, 1940 J&J notes, 1941 J&J notes, 1942 —J&J notes, 1943— -J&J notes, 1944 J&J notes, 1945 —J&J 100 ...J&J 100 notes. 1946 97 % 100% 1.50% 112 63 ■ 104 111% 111% 117% 107% 111% 104% 105% 107 3.00% 97% 103 118 102% 1104% J&J ttHoo-i M^HO s Short Line 1st 4s 1953 A&O Chic June RR 1st 4a 1945—M&S Chic June Ry & Un Stk Ids— 16 101 Chicago Lake Shore & Eastern— 1st M 4Mb 1969 opt 1919.J&D 105 111% 66 75" 21% 22% Chic Milw St Paul & Pac RR— F&A A&O X / / / "12 50 50 f b b 4.85 4.85 5.25 b 5.25 / / / / / 33 34 33% 35% 30% 6 GenM4%s'87 stpd inc taxM&N GenM4%s'87 stpd inc taxM&N 15-year 6 Ms Mar 1936...M&S / 1st & ref 5s May 2037 J&D 1st & ref 4Mb May 2037-J&D 1st & ref 4Mb May 2037 C J&D Oonvg 4Mb 1949 ser A—M&N 38% f 19^ f 22% 7% U 54% 60% 59% 4.50% 4.50% 4.75% 4.75% 33% 35 109% 104 107 109 108% 105% 105% 101% 100% 2 25% 56% 36 32 31 31 37 31 38% 44M S* n* 45 55% 41% 40M 50 60 88M f 15 2.75% S 16% 14% 19% b 4.00 3,00% b 4.00 b 4.00 3.00% 3.00% 26% / 26% 27% 31% 83 / 85 98 Dodge— Ctfsof dep for gtd 4sl935-J&J / Des Plaines Val 4Mb 1947—M&S / Det & Mack pr lien 4s 1995. J&D / 4s stamped 1995 / Mortgage gold 4s 1995—TJ&D / Mtge 4s stamped 1995 M&N A&O Eq 4Ms '38-'41 LL is-a)-M&S Eqtr4%s 1937-'43 is-a)—M&S Equipment trust 5s Equipment trust 5%s Erie & Jersey s f 6s 1955--J&J Erie & Pittsburgh— Gen gu g 3 Ms ser B 1940—J&J / 5% 46 7% 56% 58 85 61 70 48 48 59" 8s 12% 80% b » b b 68% 68 2-40 2.70 2.00 2.00 118 88% 69% 68% 2.00% 1.25% 1.25% 105% 104 / 4%s *59.J&D / 78 M&S / 10 103 9™ 87 99% 91 Certificates of deposit Eq 4Mb '38-'4l H <s-a)— M&S Fla So 1st g gu 4s 1945 J&J 65 f Florida West Sh 5s 1934 J&J / Fonda Johnstown & Gloversv— 70 10J 101 34 Gen ref gold 4s 1950 J&J 1st cons ref 4%s '52 opt—M&N 45 / f 7% 17% 1st con 4 Ms 1982 «Nov '32 and May '37 coup). Proof of claim filed / Certificates of deposit-- 4 3% 4% 7% 9% Amended Fort Dodge Des Moines & Sou— 1st 5s 1938 J&D / Fort St Un Dep Det 4Ms *41-J&J Galveston Houston & Henderson 1st lien & ref M 5%s 1938.A&O Galveston Term 6s 1938 .M&S Genesee River 6s 1957-. J&J 4% 104% 90 95 117% Ga & Ala 5s Oct 1945 J&J / 25% Ga & Ala Term 1st g 5s 1948.J&D / Ga Caro & N 1st 5s g 1929 J&J Ext at 6% to July 1 1934. / 25% Georgia & Florida RR— 1st M 6s 1946 series A—M&N / 7% Certificates of deposit / Georgia Fla & Ala 1st 6s '52.F&A / Georgia Midland— 1st g 3s 1946 8 16 .-"''v ..A&O 62 Bkg ref 6s 1951—A&O J&J 121 105 J&J 63 1947 Ga Sou & Fla 1st g 5s 1945 Deb 5s 1952 50 A&O Eqtr4%s 1937-1939 s-a—M&N b 4.50 Girard Point St'ge 3 Ms '40--A&O 103 63% 66" 3.00% 100 94 102% 108% 102% 104% 109% 104 94 J&J 93 94 95 97% 99% 95 89 97 94 Gen 4s 1962 Can Govt gu.-J&J Grand Trunk West 4s £ 1950.J&J 1st g gu 48 $ July 1 1950 J&J 105 107 Eq tr 5s Dec 14 1937-'43 <yr)__ Grays Pt Term g 5s 1947 J&D Great Northern— 1st & ref g 4%s *61 opt Gen M 5%s 1952 ser B *41 -J&J J&J Gen M 5s 1973 ser O .J&J Gen 4%s 1976 series D—.-J&J Gen 4Ms 1977 series E...J&J Eq tr 2s 1938-194^. M&S Eq tr 4 %s 1937-1939 M&S Eq tr 4 Ms 1937-1940 Diyr) J&J Eqtr 5s 1937-1938 <yr)— M&S Western Fruit Express— Eq 5s J'ne lo'38-'39 «yr)J&D Eq tr 4%s 1938-1940—J&D Greenbrier Cheat & Elk— 1st 5s 1944 J&J W Va Midland Ext 5b *54.J&J Greenbr Ry 1st g gu 4s '40-M&N Green Bay & Western- 22 100 4.00 95 113% 117% 110 104% 103 120 108% 93% 2.75 2.00 2.10 1.50 100% 3.00% 114% 121% 111% 105% 103% 121% 109 94% 2.00% 1.25% 1.50% 1.00% 2.00 1.40% 2.00 1.40% 101 9Q 105% 60 1st M 6s 1958 series A J&J Guayaquil & Quito 1st 5s '32 J&J2 Gulf Mobile & Northern— 48 10% !?8 9 53 13 A&O 102% 95% 103% 96% 1st ref & term g 5s Feb *52. J&J Stmpd (July 1 1933 cpn on). 91% 91% 1st 5 Ms 1950 ser B 1st 5s 1950 series O Gulf & Ship Island RR— 13 / This price includes accrued interest. 85 Debenture ctfs A Feb Debenture ctfs B Feb.. Guantanamo & Western Gulf Terminal of Mobile— 1st mtge g 4b 1957 gu b Basis. 99% 76% 81 — 22 t CaUed July 1 at 105. 98% 76 Series C 1940— J&J Florida Central & Peninsula— 1st cons 5s gold 1943 ..J&J Gen mtge 4s ser G 1946 J&J Gen mtge 4s ser H 1946 J&J Gen mtge 3 %s serj 1967—J&J 103 3.75 . 110 1st 4s Feb 25 *39 Alb gu..M&N 1st 4s Feb 15 '42 Alb gu._M&N J&D f f 109 (Lake Superior) 4s 1955 119 J&D :;.v ;■ ;XV; 107% 105 (Mountain and Prairie)4s 1955 110M M&S 109 109 A&O Grand River Valley 1st 4s 1959 Rys <N H) deb 4s '54.J&J / Dos Moines & Fort 1953 Grand Trunk Pacific— 1st M 3s 1962 76 * Last sale, i 112 107 Ref & imp M 5s 1967 Ref & impt M 5s 1975 Ga RR & 7i."/*r. ■ 104 J&J J&J Goshen & Deckert'n 1st 5 %s 1978 2nd ext 6s 1979 M&N Gouv & Osw 1st 5s g 1942 J&D Gr R & Ind ext 4 Ms 1941 J&J 1st ext 3 %s 1941 J&J 104 1951 Series D 4 * • |-» 4s Jan 1 87 Assented subject to plan Ref &lmpt5s 1978ser B—A&O Eq tr 4Mb 1938-'42 (yr)—M&N Equipment trust 5s Equipment trust 5 Ms Denver & Rio Grande— 1st con g 4s 1936 J&J 1st con g 4%s 1936 -J&J Denver & Salt Lake Ry— Inc mtge 6s Jan 1 1960-An Apr 1st 4s 1950 J&J 40 93 108 112% Delaware Lackawanna & Western Equip trust 4s Apr 1 1938-'49. b Denver & Rio Grande WesternGen income 5s Aug *55...F&A 39 112" 91 F&A Del & Bound Br 3 Ms 1955—F&A Delaware & Hudson— 1st & ref gold 4s 1943—M&N 35 109% 108% 106% 111 Imp & equip 5s 1960 M&N Danbury & Norw ref 4s 1955.J&J / 108% 102 101% 99% 7%s extended to 1946 103 103 J&J 6s extended to 1946 107% Chic Memp & Gulf 5s 1940..J&J Chic Milw & Gary 1st 5s '48.A&O / RR— Deb 4s 1955 .J&J / Deb 4s 1955 A&O / Deb 4s 1956 guar J&J f Cuban Nor Ryslst5Ms, '42 J&D Cuba RR 1st g 5s 1952 J&J 103 Coll tr ref 5s 1940 A&O Coll trust ref 4s 1940.----A&O 98% 103" J&J 5s (r. - ' '■ 107% - Proof of claim filed.. 95 105% 1st 29% 29% to 104% r 111% Consol 12% *0 103% 94% 104 Connecting Ry iPhila)— 1st M gu 4s Mar 15 '51.M&S 15 30 103% 105"32 92 M 91 Connecticut & Passumpsic Rivers -A&O M&S 31 27 100% » 1st gold 4s 1943. Conn River gold 4s 1943 103% rcrl0 :! 102 110% A&O 1965 114 \'ii- Income 5s 2862 A&O El Paso & R I 1st gu 5s 1951. J&J El Paso & Southwestern RR— 1st & ref 5s 1974— 109% 1st ext g 4s 1955. Concord & Claremont— 1st 5s 1944 37% 4.00 107% 105% 100 — Col Newberry & Laurens— 1st 3s July 1 1937 Columbus & Toledo— 105 Florida East Coast Columbus & Hocking Valley— Ext gold 4s 1948 A&O 31% -'■> 33 30% 32% 36% Non-cum income 5s 1955 Chic Indianapolis & St Louis— 1.10% 106 Equip tr 2Mb ser A 38-'52 M&S ) 3.25 Coal Riv Ry 1st 4s gu 1945.J&D 108 Colorado & Southern— General mtge 4Mb 1980.-M&N 55 X Col & Pt Deposit 4s 1940—-F&A 105% nmH Chicago Indianap & LouisvilleRef M g 68 1947 series A J.— Ref M g 5s 1947 series B—J&J h Ref M g 48 1947 series O J&J 1st & gen 5s 1966 series A.M&N 1st & gen 6s May '66 ser B_J&J v;X Monon Coal gu 5s *36 opt. J&D 108 106 b 1.70 ■rm-, 46% 77 Conv gold 4s 1953 ser A..A&0 Series B 1953 A&O 111% * 98% r 97% 1st gtd 5s 1943 .—J&J Cleveland Akron & Columbus— M 6s '41 ser C—J&J 113 % Prior lien gold 4s 1996 Gen lien gold 4s, 1996 < 35 104M Clinchfield in Con mtge g 4s 1956 guar— J 30 73 101% East Tenn & Western N O— 1st extended 5s 1965 M&N East Tenn Va & Georgia— Consol 1st g 5s 1956. M&N 5s stamped 101% 110 f 5 Ms 1972 series A—A&O 1st M s f 5s 1973 series B_ A&O 1st s f 4 Ms 1977 series O A&O X 95% f 109 J&J 1st & ref 5s 1965 65 113% Duluth & Iron Range— 1st 5s 1937 A&O Duluth South Shore & Atlantic— 104 Cincinnati Union Term Co— 1st b OaUed July 1 at 103. 105 1st 4s gold guar 1995——M&N Cleveland Union Terminals— 16" 5 110% 107% 105% 103% 99% / 60 Cleve Short L 4Mb 1961 A&O Cleveland Terminal & Valley— 111M t • 1951—M&S Chicago & Western Indiana—Consol gold guar 4s 1952—J&J 1st & ref M 4Mb D 1962—M&S Choc & Memph 5s 1949—.-J&J Choctaw Oklahoma & Gulf—Consol gold 5s 1952 M&N Cincinnati Hamilton & DaytonGeneral 5s gold 1942..—-J&D Cin Ind & West 1st 5s 1965.M&N Cincinnati Lebanon & Northern— 1st consol gtd 48 1942..—M&N Cine & Musk Val 4s 1948—F&A Cin N O & Tex Pac Ry— Eq tr 5s 1938 iyr)——.—A&O Cin Northern RR 1st 4s 1951-J&J Ser D 3 Ms gen gtd 1950.-F&A Gen & ref 4M8 1977 ser A.F&A Gen & ref 4%s 1981 ser B—J&J 111 50 '/ / Equip tr 4Mf Chicago & lllin M&N 108% 107% Ser A 4Mb gen gtd 1942—J&J Ser B 4Mb gen gtd 1942—A&O Ser B 3 Ms gen gtd 1942 A&O Ser O 3Ms gen gtd 1948.-M&N 1.50% 1.75% 1.25% 1.00% 111 Stmpd non-pay Fed inc tax.. Gen M 5s '87 stpd inc tax.M&N 106 % _ Chicago & Eastern 111 mew co)GenM 5s May 1951 M<! Certificates of deposit Chicago & Eastern Illinois— 1st consol 6s gold 1934 A<i Chicago & Erie 5s 1st g '82._M<S Gen M gold 4s 1987 Guaranteed 3 Ms Cleveland & Mahoning— Gold 5s 1938 Cleveland & Pittsburgh— 110% 109 M 107 M lst & ref g 5s 1971 ser A. Oonv adl 5s Jan 2000 1944— St L Div 1st col tr g 4s '90 M&N Spr & Col Div 4s 1st g '40.M&S White W V Div 1st 4s '40—J&J 108% 117. 107% 50-yr 5s 1975 series A 4s Dexter & Piscataquis— 1st 4 Ms 1949 Ask 104 A&O Edmonton Dun vegan & British Columbia Ry 4%s 1944._A&0 Elgin Jol & East 5s 1941—M&N Elmira & Williamsport— 1st 6s 1910 ext at 4% 1950. J&J 89 .---A&O 1st M 4s series D 1963.—J&J 1st mtge 3 Ms ser E 1963—-J&J Guar Ref & imp 103 M > 99 78 Ref & imp M 5s '63 ser D—J&J Ref & imp 4Mb ser E 1977.J&J Cairo Div 1st g 4s 1939 J&J O W & M Div 1st 4s g *91 J&J 97 100 i Chicago Milwaukee & St PaulGen g 4s A May 1 1989 J&J Gen g 3Ms B May 1 1989.J&J &'• Gen 4Mb May *89 series O.J&.T Gen 4Mb May '89 ser E...J&J Gen M 4 Ms May '89 Ser F-J& J Eq 4Mb "37-'43 E & F <yr).J&J Eq 4Mb '37-*41 G & H <yr) J&J Eq tr 5s '37-'40 ser B «yr)-F&A Eq tr 5 Ms 1938 A&O Chicago & Noith Western— Gen M 3 Ms g 1987 M&N 91M 95 M&N Detroit Toledo & Ironton— 1st 5s Mar 1 1964 J&J Detroit & Toledo Shore Line— 1st gold guar 4s 1953 J&J Eastern Ry or Minnesota— Nor Div 1st g 4s 1948 109% 94% 1st & ref g 5s Dec 1 '60 opt J&D Inc mtge 5s Dec 1 I960-—M&S Chicago Union Station— 120 r 87 87 X 86 M 1951.---J&D 119 55. F&A Chicago & Alton RR— Refunding g 3s 1949 £ Chicago Burlington & Qulncy- -J&D#15 107 Equip tr 2s 1938-1947 M&S 6 2.50 Eq tr 2 Ms 1988-1946 J&D t> 2.65 Eq tr 3s, 1937-1950 A&O 0 2 80 Eq tr 4 Ms '37-'40 (yr)—A&O t> 2.00 Eqtr5sl938 <yr). M&S 15 !> 1.50 106 Craig Valley 1st 5s g 1940-J&J Paint Creek Br 4s 1945 F&A 107 M Chesterf & Lancaster 6s 87 109 Bid Detroit Term & Tunnel— 1st guar 4%s 1961.- 1st gold 5s 1937 J&J / 36 Dutchess Co RR 4 Ms 1940.-J&D / 100 East Penn 1st 4s 1958 -.M&S 106 X 87 •84 84 106 M 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 10 84 84 General 4s gold 1993.--—J&D Gen M 5s ser B 1993 -J&D 96% 96% 100 M 99% 100 M 100M h 93 , — 1st cons guar g 4s 1940—F&A Clev Cine Chic & St Louis— 103 Eq tr 5s Dec 14 1937-*44 «yr)_. b Char & W Carolina 5s 1946—A&O Ohatt Rome & Sou 1st 5s *47 J&J f ~ ■ .. 1st mtge g 5s series C '57_M&N 1st M 3 Mb ser D 1971 M&N Clearfield & Mahoning— Central RR of South Carolina— 1st ref 6s 1937-1976. Oentral Vermont Ky— _ ^Mem Div 1st 4s 26 M 17 16% 15 Chicago Term 1st jet 4s 41-M&N Chic Terre Haute & Southeast— ' <•»<*•■» 33 47 16% 14% 15 % Igr-ftS 25 77 25 31% 1934 opt to 1911—A&O Certificates of deposit...... Sec 4Mb 1952 ser A—-M&S Sec 4M ser A certifof dep. —.30-yr conv 4M« I960 M&N Eq tr 5s 1938 (s-a) —J&D Chicago St Louis & N O Con g 5s June 15 f Con g 3 Ms June 15 51 109 ■' 2.00% 3.00% J&J 83 19 M Bonds 3.00 103% U1M 25 Ask 4.00 Ref g 4s 78 80 - Bid ... 103 110% "f" and income and defaulted bonds day of the month preceding the date of issue possible for the closing as 90 85 tr 4 near 69 where marked Ask Bid Canadian NW4Hs Oct 22 1943— Canadian Pacific— Cons deben 4s perpetual. _J&J are n Nominal. A&O J&J 89 91 < KiSoir X; railroad bonds 70 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 Harl R & Lane RR Hoboken Perry 6s 109 J&J M&N - 1946 87 Hocking Valley Ry—■ 1st cons gold 49*s 1999—J&J Eq tr 6s 1938 (ann) A&O b 1.75 Eq tr 6s 1937-1939 (yr)._-J&J Holidaysburg Bedford & Dumb 106 1st M g 4s 1951 guar -J&J Holyoke & West 4 Ms 1951--A&O / 45 Housatonic con 5s 1937----M&N f 99% Houston Belt & Term 6s 37.J&J _ Houston & Texas 1st gold 5s 1957 opt AdJ inc up to 5% Feb 1st M 4Ms 1957 conv 73 M 1st mtge gold 5s 1946 J&J Louisville & Jeffersonville Bridge 93 85 66 M m 97 1st & ref 4s ser D 2003—A&O 1st & ref 3Msser E 2003—A&O EI* Eq tr 4Ms 1937 (year)..--J&D Equipment trust 5s — Atl K & Gin Div 4s 1955-M&N Pad & Mem Div 1st 4s '46-f&A 749* 69 M 67 3.25 2.25% 105 93 M 96 M 959* 106 M 94 96M 83M 969* 919* J&J J&J 107 J&J 103 M 113 34 m J&J / b Southern Ry joint Monon 1st 5s 102 M 99 M 279* 28 H 1st g gu 5s Nov 1 eridlan Term 4s *55 A—J&J AdJ M 6s July 1952 ser A.April 1st M g 6s 1952 series 10 26M J&J J&J P 26 M 3.90 Eq tr 4Ms 1938-42 (yr)—A&O Internat Rys (Central 1st M 5s 1972 opt America)— -—M&N 1st 1 & ref 6 Ms 1947 F&A Interstate Transf Ry 5s 1945-J&J Iowa Cent 1st g 5s 1938 J&D 29 2.75% 85 94 90 95 103 15 5M M&S A&O / Lansing & Saginaw— 16 59* 5 Sept Sept (cash 1st guar gold 5s 1937 National Rys of Mexico- 103 m 779* 2.25% 2.25% Prior lien g 4Ms s Gen mtge 4s 1977 warr 70"" 105 Ref & ext 5s series B 1967--J&J 105 1st ext 4Mb 107 M N Hav & No Ham 4s 1956 New Lon Nor 1st 4s 1940 37 73 98 Joplin Union Depot Co— 104 M 1st g 4Ms 1940 guar opt-M&N 105 1st 5s June 1 1944 ...J&D Kalamazoo Allegheny & 102 Grand Rapids gtd 5s *38- -J&J Kal & Sou Haven—See Mich Cent Kalamazoo & White Pigeon RR 104 1st gold 5s 1940 ——J&J 105 Kanawha Br & Ter 5s 1948-A&0 Kana & Mich 1st 4s 1990--A&O k 101M Kanawha & W Va 5s 1955--J&J 1105 Kan City Ft Scott & Memphis— ' 44 Ref g 4s 1936 guar A&O 429* Certificates of deposit 93 K C Mem & Bir 4s 1934 M&S 92 Income 5s Mar 1934 Sept 1 82 M Kan City Sou—1st g 3s 1950 A&O Ref & Impt 5s Apr 11950—J&J 2~66 Eqtr 5Ms 1937-38 (year).M&S 3.00 Eq tr 3s F Jan 1 1938-43 Kansas City Terminal Ry— 107M 1st g 4s 1960 opt 1930 J&J P Kansas Oklahoma & Gulf— J&J Kentucky Cent 4s g 1987 J&J Kentucky & Indiana Term RR 1st M 4 Ms 1961 (sterling) .J&J 1st M 5s 1978 102 108M Acer int at exch rate 4.8665— 97 J&J 104 Plain 1961 - 1st mtge 4Mb ungar 1961 Lake Erie & West 1st ext 4s 1947 102 "~Tlst mtge 5s ext at 3% to *47 J&J 2d 5s 1941 J&J Lake Shore & Mich South— 969* 100 M Cong g ref 3 Ms 1997 J&D Leamington & St Clair 4s '45 A&O Lehigh & Lake Erie 4 Ms '57.M&S Lehigh & New England— 1st M gold 5s 1945 J&J 101 A&O 100 Gen mtge 4s ser A 1965 100 97" fr IS "49* 1039* l°otk" 104m 98 107 h 84 22 m 'fo* J " 1st 68 ext gold 4s 1948——J&D Con M 6s ann irred J&D Con M 4Ms ann Irred.--.J&D Gen cons gold 4s 2003 — -M&N Gen con go <f 4Ms 2003—M&N Gen con gold 5s 2003--__M&N Valley Ry of New York 1st 4 Ms gold 1940 J&J Lehigh Vail Term 5s 1941 A&O Lehigh & N Y 1st 4s 1945—M&S Called July 1 at 103. 32m 106 122 54 13 j* 59* 4>* 03 96" 21 21>* 21 23 50 18 82m fIS 95 9* 101M 106 98 m 56m 75 649* 64 2.50% 869* N Y Chicago & St 1st gold 4s 1937 2.00 2.00 M&S b 2.50 m&N 3.00 Louis— 101 A&O 99 92 ?* 3-year 6s Oct 11938 —— Ref 5 Ms 1974 ser A a&O Ref 4Mb 1978 ser O——M&S 10-yr coll tr 4s 1946 F&A Equip tr 4mb 1937-'44 (yr)F&a Equip tr 5s 1937-'38 (yr)—F&A Equip trust 3s July 1 '37-'51 — New York Connecting RR— 1953 series 1st 4s ext g 1947 2d ext 5s 1939 809* 103 m 3 00 2 00 315 108? 108? A—F&a 1st guar 5s 1953 series B New York & Erie RR— F&a 108? 105? —M&N M&S m&s 102 _ Guar g 5s 1946---..M&N N Y & Har 1st g 3 Ms 2000-M&N 99m 70 '46—J&D 32M 3 00 2.00% 2.50% 32m General gold 4s 1941——M&S General 1st 5s 1941 .M&S NY & NE Bos Ter 4s 10 M 17 109 1939—A&O / Hartford— conv—J&J15 1957----—M&N Deb 6s Jan 15 '48 Deb 4s July 1 '55 non-conv J&J Deb 4s 1956 non-conv. — m&N / / / / / / / f f f 99 m 38 18m 31 33 30 1947 non-conv.—M&S 25 3M9 March 1947----M&S 30 1954 non-conv—A&O 28 1956 conv .J&J 629* 15-year secured 6s 1940—-a&O 38 1st & ref 4Mb 1967 J&D Equip tr 4mb Sept 15 1937 to b 3.90 Mar 15 1945 (s.-a.)__M&S b 3.93 Equlpt tr 4Mb *37i'46 (yr).J&J b 3.50 Equipment trust 5s ----94 Har Riv & Pt Ches 4s *54 M&N f 75 N Y & N J Ferry Be 1946 J&J Deb 4s Deb 32 m 97 m 1st & ref 4s ser A 1973—M&N 1st & ref 4 Ms 1973 ser B._M&N New York & Long Branch— Deb 4s May 1 191 375 99 _ 2 Ms Mar 151938-1952- N Y New Haven & 32 31 '40(yT)M&S (yr)-M&N _ -j&d N Y Lack & Western— 31?* 29 M Equip trust 5s 1938 Eq tr 4Mb *38-'44 F 89 89 Morris— J&D 4 Ms Mar 15 '37-'39 4 Ms 1938-1945 N Y & Hob Fy 5s May F&A 10 16 84 m L S coll tr g 3 Ms 1998 F&A M O coll tr g 3 Ms 1998—F&A 3d-mtge 4Mb 1938 N Y & Greenwood Lake 87 95 m 105 m 1942 tax-exempt—J&J Ref & ref 4 Ms ser A 2013—A&O 1st M 4M« 3.00% 1st & ref 5s 1980 ser H—A&O Certificates of deposit.. 1st & ref 5s 1977 ser F-..M& Certificates of deposit f / / / / Conv g 5 Mb 1949 ser A...M&N Secured 5Mb 1937-1956--.J&D Deb 3 Ms Deb 3Ms 101M 106 95m 85 Deb 4s Spuyten Duyvil & Pt 3 Ms 1959 32 m 51H 549* 101M 90 t 101M New York Central & Hud Riv— Ref g 3 mb July 1 1997—J&j N Y Cent equip trusts— 5s 1938-1939 13m 4m 3m / / 63 51M -5 110m Ref & impt 60 319* 29 m 319* 29 m 31m 1st & ref 5s 1981 ser 1 Certificates of deposit m&N 63 101 Lehigh • .... / Certificates of deposit-.— 119 102 Equip trust 4Mb Newport & Cincinnati Bridge— 1st M g 4Mb 1945 guar J&j Newport & Richfor Is 5s 1941 — New York Central RR— 5s 2013 O A&O 10-year 3Ms sec s f 1946--a&O 3 Ms conv secured 1952—M&N 92 / 98 103 52M D—F&a / ---—® o.75 82 m 70 64 101 ,100M 01M F&A / 48 10-yr conv 6s 1944 73 ff 30 m Lehigh Valley Harbor Term Ry— 1st mtge 5s 1954 ---- Cons mtge 4s 1998 ser A—F&A Ref & impt 4 Ms 2013 A.-.A&O 65 H 87" Secured notes 5s 1938—F&A Eq tr 4s '37-'38 s-a J&D15 b 3.75 M St P & SS M & Cent Term Rylst Ch Ter s f 4s *41op'16_ M&N 68"" 108 Minn Terminal 1st 3 Ms '50—J&J 105 Minn Transfer Ry 3 J*s 1956.J&0 103 Missouri Illinois Bridge and Belt 85 110 RR cons 4s 1951——.—J&J Mo-Ill RR 5s 1959 J&J 1 52 m 86 Mo & 111 Bdg & Belt 4s 1951— 98 96 m Mo Kans & Okla 5s 1942—M&S Missouri-Kansas-Texas RR— 72 109 M Prior lien 5s 1962 ser A..—J&J Prior lien 4s 1962 ser B J&J 107 M Prior lien 4Mb 1978 ser D.J&J 989* AdJ M 5s Jan 1967 ser A—A&O f .61m 1049* Eq tr 2 Ms 1938-1952 f&A b 3.50 Mo Kan & Tex (old company)85 H 1st gold 4s 1990 102M J&D Lehigh Valley— 1st 5s 1956 series O 1st M 4 Ms 1956 series 60 90 — 79M 1.25% 2.00% 102 M 102M A-.A&O / 1st 5s 1954 series B a&O / Certificates of deposit.——/ lst M 5Ms 1954 series A-.a&O 1 Certificates of deposit J. 23 m - 112 . , „ Extended at 5% 1940 M&N Ref & impt 4Ms 52 ser A—J&J New Orl Term 1st 4s 1953--J&j 2X / Sparta & NW 1st 4s 1947M&S M11&State Line 1st 3 Ms 1941-J&J Minneapolis & St Louis— 1st 7s '27 ext at 6% 1932—J&D 1st consol gold 5s 1934—M&N Certificates of deposit——... 1st refdg gold 4s 1949 M&S Ref & ext 5s Feb *62 ser A.Q-F Certificates of deposit Minn Northf & Sou 6s '41.-M&S 102 Minn St P & Sault Ste Marie— \ 1st cons gold 4s 1938 J&J 1st cons gold 5s 1938 J&J 47 1st cons 5s 1938 gu int J&J 44 H 2d M gold 4s guar 1949—J&J 1st ref 6s 1946 series A J&J 96" 1st ref 5Mb 1978 ser b—-J&J 83 M 25-year 5 Ma 1949 M&S 96 §5 39 J&j „ Mil 98 40 103 J&j 50-year 1st 5s 198&. Income deb 5s 2032 , Stmpd accr int at rate 4.8665— 53 100 75 J&j New Orl & Nor East 6s 1915 6s 1913 ext at 4M% to 1934 (1884)-J&D fk 83 94 m - guJ&D f 73 Cons 94 M 708 F&A 117 Con ext 4Mb 1939 1st g 48 1959 guar J&D Joliet & Northern Ind 4s 1957 J&J 18 -"MS Non-cum Inc 5s '35 ser 5% to 1939 a3M A&O N J June 1st 4s gu 1986 N J & N Y 1st ext 5s 1950-m&S Milwaukee & Northern— 6s July 1 1967 Jamestown Frank & Clearfield 909* 1.50 3.10 F&A 1st cons gold Naugatuck 1st 4s 1954 m&N New Eng cons 4s 1945 gu J&J Consol g 5s July 1 1945—J&j 65 Val 1st 5s 1942—M&N Midi RR 4% franc bonds (Foreign series) I960--—J&D / Midland of N J 1st 6s 1910 105 1st 3 Ms Sept 1 1951 Jacksonville Terminal— 81M New Orleans Texas & Mexico— 1st Be July 1 1939 Ref & ext 5s series A 1967—J& J 92 929* New Orleans Great Northern— Middlesex ext at 87 m f 1957—J&J 92 93 1940———A&O Midland Valley—5e 1943—A&O Adj M Apr 1 *53 ser A Sept Adj 5s series B 1953 Sept Jackson 92 105 & St L— F&A Nat RR of Mex 65 X guar.M&N 1977 & coup) Michigan Central— Ref & impt 4Mb 1979 ser O. J&J 1st 5s Kal & S H 1939 M&N 1st Mtge M Air L 4s 1940—J&J 1st g 4s Jol & N Ind 1957-J& J10 1st gold 3 Ms 1952-—-—M&N Asst 104 General 5s Jan 1 1938 „ M&S 1914 coupon on 1977-M&S 1914 coupon off 1977 M&S 1st con gold 4s 122 Eq tr 4 Ms 1937(yr) A&O Eq tr 2Mb 1938-1952 M&S Nashville Florence & Sheffield— Mexican International— Internat-Great North Ry— 107 117 Morris & Essex 3 Ms 20001 J&D Constr'n 5s 1955 ser A—M&N Constr'n 4Mb 1955 ser B.M&N 85 11* 95 70 1963—F&A Montour RR 1st 5s 97 &3.00 03.00 90 1959—M&N 103 M 100 M 35m 88m 102m M * B_—J&J Ref & imp M 3 Ms ser B *86 M&S Gen & ref 5s 1965 ser 97 1st guar g 4s 102 Equipment trust 5s Equipment trust 5 Mb Manila RR Sou Lines 4s '39-M&N 4s 1939 ext to 1959 Philippine Govt gu M&N Manitowoc Green Bay & Western 1st gtd 3Mb 1941— -J&J * Maryland & Pa 1st g 4s *51-M&S 1st cons A 6s 1963 A&O Memphis Union Station Co— 28 97 97 Nashville Chattanooga 1st M 4s 1978 ser A 83 Maine Central— 1st mtge & coll 4s ser A '45 J&D Conv gen 4Mb ser A 1960-J&D Secured 6s 1959 1st ser--J&J IVti 96 J&J J&J 1947 Macon Terminal 5s 1965 M&S —M&S Mohawk & Malone— 105m _ —M&S Eq 4 Ms 1938-41 (yr)—.J&J15 Eq tr 5s 1938 (s-a) .M&S Eq tr 5s 1938-39 (year)...J&J Montgom Div g 5s 1947--F&A 1.00% 1.25% 87 m coll 84 - Secured 5s 1938 110 J&J gold 4s, 1952 90 J&J Gen gold 4s, 1938 Ref & impt 4 Ms 1977 111h L & N Term 1st g 4s '52 gu J&D Macon Dublin & Savannah-- J&J Mobile & Ohio— 106 m mtge 3s „ 115 1.50 1.75 b 1980M&S Mob & Mont 4Mb 1945-M&S 2d 989* 101 106 m 107 m 103 m South East & St Louis Div— 97' Indiana Bloomington & Western— 1st ext 4s 1940 A&O Indiana Harbor Belt RR— Certificates of deposit 1st & ref g 4s 1951 Jacksonville & Gainesville & Gulf Ry 1st 5s 1951 106 m 819* 82 M 2.00 2.00 Sp'field Div ext 3 Ms 1951 J&J Western lines g 4s 1951--F&A 1st M 5s 1956 series B 1st M 58 1956 ser O 1945--M&S Louisville & Nashville— Unified gold 4s 1940 J&J 1st & ref 5s 2003 ser B A&O 1st & ref 4Mb 2003 ser O—A&O 1.50% 1.50% 1.50% 1.50% 2.00 114 Guaranteed gold 4s Birmingham— 1991 M&S Consol gold 3M8 2002—M&S 859* Monon Coal—See Chic Ind & Lou 25 Monongahela Ry Co— 1st mtge 4s ser A 1960—M&N 117 Monongahela Sou 5s 1955—A&O Gen 6s 1955 A&O 1089* Mont Cent 1st g 6s 1937 J&J 1st guargold 5s 1937 J&J Montana Wyoming & Southern— IRS** 108 1st mtge gold 5s 1939 M&S 104 m Montauk Ext 1st 5s 1945----J&J Montgomery & Erie 1st 5s 1956— 22 ( 1st M gold 5s 1935 Louisville Henderson & St Louis— 76M 73 Louisv Div 3Ms g 1953—J&J Omaha Div 1st 3s g 1951—F&A St Louis Div 3 Ms g 1951--J&J St Louis Div 3s g 1951—J&J Indianapolis & Louisville— 1st guar 4s 1956 Indianapolis Union— 73 111 74 96 M 80 Mobile & 1039* 1039* 102m 101m 1.50% 2.00% 83 82 m A&O / 81M _ 2.70 81 Louisiana & North Western— 101 101 89 A J&D 4 Ms 1963 J&D 40-year 4 Ms Aug 1 1966-F&A Eq tr 4 Ms 1937-1939 K—F&A Eq tr 4 Ms 1937-1940 L—A&O Eqtr 4 Ms *38-'41 M (s-a)_M&N Eq tr 4Ms 1937-41 Ser N.A&O Eq tr 3s ser R 1937-1952 „M&S Carlo Bridge 4s g 1950—J&D Litch Div 1st g 3s 1951—J&J Indiana Illinois & Iowa— 1st gold 4s 1950-- 101m 100m b 2.00 64 69 ser Genl mtge 4s 1957 Gen mtge 4 Ms 1957 102 m 23 110M 29 105 101 b M&N Prior lien 5s, 1945 Gen M g 4s 1945 100 63M Ref g 4s 1955 opt 1918—M&N Pur liens 1st g 3Ms 1952--J&J M(IC«OSL& Long Dock cons 3 Ma 1950—A&O Long Island— Unified g 4s, 1949 —M&S Gen mtge gold 4s 1938 J&D Refunding mtge 4s 1949—M&s 4s stamped 1949 M&S Equip tr 5s 1938-39 (yr)—A&O 22M F&A Col tr L N O & T g 4s'53-M&N Ref mtge 5s 1955M&N 1963 107 152"' 24 J&J / 1st gold 4s 1939 guar 149* 1975.M&S f 4% 108 Equip tr 4Mb 1941-45 (yr).F&A Los Ang-Pac Co ref 4s 1950--J&J Louisiana & Ark 5s A 1969-- -J&J a _ *67-A&O F&A 1st g 3s sterling 1951 M&S Coll trust gold 4s 1952—A&O N O) 5s Series O 1.20% 1.20% Mo Pac (old)—Gen 4s 3d 7s ext to July 1938 at 101m 100 m Little Miami guar 4s 1962 M&N Little Rock & Hot Spr West Ry-r 99% J&J Illinois Central— 1st gold 4s 1951-—. J&J 1st gold 3 Ms 1951------J&J Main L ext 1st g 3 Ms 51-A&O Jt 1st ref 96" 120 122 Bid Bonds Ask 118m Lex & East'n lstgu 5s 1965--A&O Lincoln Park & Charlotte— 5s 1939 J&J Litchf & Madis 1st 5s 1959-M&N Central— 1st lien g 5s 1937 Hudson & Manhattan— Bid Bonds H&Ha rtford. Portch—See N Y N Harris Ports Mt Joy & Ext 4s 1943 Ask defaulted bonds the date of issue 107 84 t Called June 30 at 102. t Called July 1 at 105. b Basis. / Price Includes accrued interest, k Last sale n Nominal. JULY, 1937] RAILROAD BONDS 71 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 or the month preceding the date of issue Bonds Bid New York Ontario & Western Ref 1st g 4s June 1992 M&S Gen M g 4s 1955 red J&D ' 20 20 M p 12% 14 Stock trust ctfs 4s 1948 Y Prov & Bos 4s 1942 Y & Put 1st 4s g 1993 Y Short Line 4s 1957 Y & Stamford 4s 1958 N N N N N Y Susq & 107 % 102 100 103 Philippine Railway— 1st p 4s 1937 s f 0Pt gu—J&J Piedmont & Northern— 1st mtere 3 Ms 1966—.—J&O Pitts Bessemer & Lake Erie— Cons gold 5s 1947---J&J Pitts Cin Chic & St Louis— Con g gu 4Mb ser A 1940-A&O 4Mb series B 1942 -A&O 4Mb series O 1942—-—-M&N 4s series D 1945 M&N 3%s series E 1949 --F&A 4s series F 1953 -J&D 109M 104 104 J&D A&O /100% 83 A&O 108 F&A M&N / 47 85" Western— 1st refunding 5s 1937— 2d mtge 4 %s 1937 39 70 — Gen mtge. 5s g 1940 F&A / Term 1st g 5s 1943 M&N / N Y Westchester & Bos Ry— 1st M g 4Ms 1940 guar—J&J / Nord Ry s f 6 Ms 1950 A&O Norfolk & Car 1st 5s 1939.-.A&O 2nd 5s 1946 J&J Norfolk Southern— 1st & ref g 5s *61 opt '15..F&A 22% .... 11% 12% 98 98 25 27 r 1st Gold 4s Feb 1 1952 30~~ M 105 1st 116M 120 1st M 4Mb 1958 ser A 104% 104M 73 95 104 M 105M 102 98 M 99% Northwestern Terminal RR— 42 1st M 5s 1977 An .-Apr „5s 1948 Norwich & Worcester 4 %s '47M&S Ogdensburg & Lake Champlian— 47 22 20 .... 1st guar g 4s 1948 J&J Ohio Connecting 4s 1943...M&S Ohio Ind & Western 5s 1938 Ohio & Little Kanawha 5s '5CM&S 23 M Old Colony RR 4s 1938 108 M 102 % 94 42 42 J&J 1st M 5%s 1944F&A 1st M 5s 1945 series B J&D 1st M4Hs 1950series O...J&J Ore RR & Nav cons 4s 1946.J&D Ore Short Line 1st 5s 1946. .J&J 1st cons guar 5s 1946 J&J 1st M 2d ext 5s gold 1938 J&J / Oardelet Br 1st 4 Ms 1938.A&O St Louis City real est 5s '38 J&J S : -— M&S F&A J&D Gu tr ctfs g 3 Ms 1944 J&D Pa & N Y Canal con 5s 1939 A&O Cons mtge 4 Ms 1939. A&O Cons mtge 4s 1939 A&O Penn Ohio & Detroit RR— 1st & ref 4Mb 1977 ser A.. A&O 1st & ref 4Mb series B 1981 Pennsylvania RR— Con M 4s gold 1943 M&N Con M 4s gold 1948—.M&N Con M 4s gold 1948 sterling _ stamped dollar ...M&N Con M 4Ms gold 1960 F&A Gen g 4Ms 1905 J&D Gen g 5s Dec 1 1968 J&D Gen M 4%s 1981 ser D A&O Gen M 4Mb ser E 1984...J&J Deb 4Mb 1970 A&O Gen M 3%s ser O 1970—.A&O Conv deb 3 Ms 1952 A&O • 30-yr secured 4s 1938-1964.J&J Eq tr 5s 1938 (yr_) M&S Gen equip 5s 1937-39 (yr).A&0 Eq tr 4Mb 1937-39 (yr)-A&0 Eq tr 4s series E 1938-1949 .J&J Eq tr 2 Ms ser H '38-'52__M&N Peor & East cons 4s 1940—A&O 33 60 103 M 104 102 101M 100% 106% 109 109 M 113 April 1 1960—...A&O Gen 5s 1974 series B_._..JT&A Gen M^Mb 1977 ser C— J&J Gen 4Mb series D 1981..J&D f Called July 1 at 101%. 119 111M 105M 117 106 M 106 % 100 99 100% 99 M 106 105 2.25 1.00 1.25 1.25 -a, 2.25% 2.00% 91% 11M 104 1st gold 4s 1943—......M&N Gen 4s 114 112% 118% 110% 116 M 101M 101M 2d" 5871938. 96% 107 106% 2.00 1.25% 104 M 109M 109% Richmond-Washington Co— 106 92 15% St L Peo & N W 5s 1948 St Louis-San Francisco 32 « 91 2.25% 2.25% 102 102 106 17% 91M 19% 19 24 23 M 92 76M 74% 107 99 M 103 M J&J 75 76% 80 36 32 Ry— _ Certificates of deposit Prior lien 5s 1950 series B.J&J Certificates of deposit 24 21 18% . 19 24 M 18 18% Cons In 4Mb 1978ser A—.M&S 18M - ^earj— Equipment trust 4s St Louis Southwestern— ........ 1st g 4s 1989. M&N 2d g inc 4s Nov 1989 J&J 1st term & unif 5s 1952...J&J Gen & ref 5s ser A 1990—.J&J Eq tr 5Ms 1938-1939 Equipment trust (s-a) M&S 5s _ 1st consol ai St11 St P&ul g 4s 1908——J&D Dec 1 1996—J&D 4s Gr >47—J&J / & Kansas City Short Line 1st guar 4 Ms 1941 F&A / St Paul Minn & Manitoba— 5s ext fr July 1 *33 to 1st M 5Ms 1950 guar F&A Texas City Term 6s 1941-J&J *26 Texas & N O con 5s 1943 J&J Texas & Pacific Ry— 1st gold 58 2000 J&D Gen & ref 5s 1977 ser B.._ A&O Gen & ref 5s 1979 ser O—A&O Gen & ref 5s 1980 ser D J&D Eq tr 5s 1937-1939 M&N 6 Eq tr 4%s 1938-42 (yr)...A&O b Eq tr 4%s 1938-43 (yr)—.F&A b Equipment trust 4s b 19 M 100 98 97 99 M 98 M 82 50% 83 M 45 M 49 Toledo Canada Southern & Det— 1st 4s 1956 ..J&J Toledo & Ohio Central— • 56 32 40 2.50 2 50 350 1.50% Ref & St accrued interest, g 5 Ms 1964 imp M 3 %s Mary's ser A '60 J&D Div 1st 4s 1951F&A Toledo Peoria & 1st mtge 4s ser B 1967 J&J Toledo St Louis & Western— 1st gold 4s 2.00 2.00 2.00 72 102% 80 M 92 April 1 1950—A&O Tol Term 1st 4%s '57 gu—M&N Tol Walhouding Valley & Ohio— 1st g gu 4s 1942 ser C M&S 19 15% Toronto Hamilton & Buffalo— 1st gold 4s June 1 1940 J&D Consol M 4Mb 1966 ser A.F&A Transylvania RR 1st 5s 1956.J&J Tulsa Un Dep 1st 4Mb '59..J&J 101% 104M 121M 100 • n Nominal. 107 117 110% 110% 103% 104H 107% 112% 118% 100% 122% 101% 101% 100 100 2.00 2.85 2.85 2.85 108% 104% 103 M 95 . 101% 1.50% 2.25% 2.25% 2.25% 109 ,; mmmm 105 Western RR— 105 25 15 k Last sale, M&S 1.50% 103 117); 1st M 2.50% 107 104^ m 113% /This price includes 89% Tex Pac-Mo Pac Term RR— 123M 6 Basis. 88 , 112 110% 104% 71M Spokane Falls & Nor 6s 1939.J&J 106 M Spok Internat 1st g 5s 1955.J&J 21% Stark Elec RR 1st 7s 17 1952—J&D Staten laid Ry 4 103 Ms 1943 J&D Stephenville Nor & Sou Texas— 1st M guar g 5s 1940 J&J / 24 Sturgis Goshen & St Louis Ry— 1st 3s Dec 1 1989 70 J&D Suffolk & Oar con 5s 1952—.J&J 20 Sullivan Co RR 6s 1944 109 A&O Sunbury Hazleton & W-B— 1st M inc 6s 1938 103 M coup.M&N Susquehanna Bloomsburg & Berwick RR 5s 1952 111 A&O Tampa & Gulf Coast— 1st g 5s 1953 10 A&O Tampa North 1st 5s '36 opt.J&J 55 Tampa Union Sta 5s 1940—M&N 95 Tampa Un Term 4-6 Ms '53.-J&J 42 Tavares & Gulf 5s A 1935—-M&S 14 Term RR Assn (St Louis)— 1st gold 4Mb 1939 106 A&O 1st consol gold 5s 1944 F&A 115% Gen ref s f g 4s 53 108% opt '10 -J&J Terre Haute & Peor 5s 1942-M&S 109% Texarkana & Ft Smith— 96 July 1 '43. f Pacific ext 1st 4s £ 1940-..J&J 8t Paul Union Depot— 1st & ref 58 1972 J&J Southern Railway— 1st consol g 5s 1994 J&J Develop & gen M g 4s '56-A&0 Develop & gen 6s 1956 A&O Develop & gen 6%s 1956—A&O Equipment trust 5 Ms Eq tr 5s 1938-39 (s-a) M&S Eq tr 4Ms Oct '37-39 (s-a)A&O Aiken Branch 4s 1998 J&J E Tenn reorg lien 5s 1938 M&S 1st Mem Div g 5s 1996 J&J St Louis Div 1st g 4s 1951.J&J 25% 20 Certificates of deposit stpd.. Eq tr 5s 1937 M&S Eq 4Mb 1938-'41 BB~(yrf.F&A 41 Salt Lake City Union Depot and RR 1st 5s 1938—..M&N 110% 106 34 16% 71 Prior lien 4s 1950 series A. J&J Mortgage 101 93 "2% 75% . ^3Ul,P..tIU4 «s 1937-1945-J&J hom St Paul & Duluth— 73 89 M T IX 72% / 101% 105% tax) 1955.J&J Mobile & O coll tr 4s '38.M&S Spartanburg Un Col 4s 1995.J&J , J, 5s (guar) 1937.-M&N „ 106 55 Rio Gr So 1st g Is 1940 J&J 1st g 4s guar 1940 J&J Rio Gr West 1st 4s 1939—...J&J 1st coll tr 4s 1949 opt A&O con g Stamped (Fed 104 104 Coll tr g gu 4s 1943 opt... J&D Rio Gr June 1st gu 5s 1939—J&D 1st 2.25% M&N 82% 1st ref g 4s 1955 opt 1910.-J&J 95M 4Mb 1940 A&O Richmond Term 1st 5s 1952.J&J 1st g 4s Nov 1 1948 Rich & Peters 82 Southern Pacific RR Oal 85 107 Certificates of deposit. 3.00 87 83 80 104 108 Rock Island Ark & Louisiana— 1st guar 4Mb 1934 M&S 102 X Rock Island-Frisco Term Ry— 1st M 4Mb 1957——.J&J Rutl Can 1st g gu 4s 1949 J&J 104M Rutland con 4%s 1941 J&J St Clair Mad & St Louis Belt— Alton Bridge 1st g 4s *51—J&J 103 St Johns & L Cham 5s 1944.M&S 102 St Joseph & Grand Island— * 1st gold 4s 1947 J&J St Lawr & Adirond 5s 1996—J&J 2d gold to 1996— 107% A&O St Louis City see Pac of Mo St Louis Iron Mt & Sou— 111 Riv & Gulf Divs 4s 1933-M&N 105 2.80 jP0j* 96 105% 3.50 1.50 1.75 1.75 3.00 16M 75 98% 106 M 106 M 3 00 _ loo" S8?* 104M 108 109 . 2d cons inc 4s 1990 Apr I Peoria & Pekin Union Ry— # 1st g 5Ms 1974 series A...F&A Peoria Ry Ter 4s '37 gu op...J&J / 71M Pere Marquette Ry— 1st g 5b July 1956 ser A..J&J 100 1st g 4s July 1956 ser B..J&J 1st 4Mb 1980 ser o M&s 3.00 Phila & Bait Cent 4s 1951—M Phlla Bait & Washington— 98% 98% 101 „ Gu tr ctfs g 3 Ms 1937 Gu tr ctfs g 3%s 1941 Gu tr ctfs g 3 Ms 1942 19 98 98- Paducah & 111 1st 4 Ms 1955.J&J 104 Paris-Orleans extl 5%s 1968 M&S 93% 6% franc bonds (foreign series) red to 1956 J&D / 31 Paterson Extension 5s 1950.J&D Paulista Ry 1st 7s '42serAM&S16 / 90" Pennsylvania Company— 28-year secured 4s 1963..-F&A Gu tr ctfs g 4s 1952 .M&N 101M 107 107 Term 5s g gu May 1 *41 Q&F Rensselaer & Saratoga— ) g 6_%_g bds May 1 1941 M&N May Rich Fredericks!)lg & Potomac— Cons mtge 4 Ms 1940 A&O Richmond & Mecklenburg— 106 14 93 Pac Fruit Express—See Sou Pac— Pac of Mo 1st ex g 4s 1938—F&A ' 100 93 M&S M&N 4%s 1969 with warr M&N 82% 10-yr secured 3%s 1946 98% J&J 1.75 Equip 5s 1938-1939 (yr)._M&N Eq tr 4Mb 1938-10 (yr)—J&D b 2.10 Eq tr 4%s 1938-41 (yr).—J&D b 2.10 Pacific Fruit Express— Eq 5s 1938-39 O (yr)—M&S 2.00 Eq 5s 1938-41 D (yr) 2.15 A&O Southern Pacific (Golden Gate Ferries) 1st 5 Ms 1949 100 A&O 109 13M 93% M&S 50-year 4 Ms 1981 100% „ 105% F&A / s f 6%s 1948 J&J 99% 88 M 74 (Oregon Lines) Series A 197740-year 4 Ms 1968 107 ' Coll tr 4s (OP) Aug 1 '49-J&D 1st 4 Ms 111 110 Imp M ext g 4s 1947---A&O Extended 4%s Oct 1 1943— 110% Pacific Coast Terminals Ltd— ^ 108 120 118 Eq 4 Ms 1938-'45 (s-a)—-M&N Equipment trust 5s Philadelphia & Reading PR- 46 109 3.50 Reading Company— 46 Southern 111 & Mo Bridge Co— 1st Mg 4s 1951 M&N South Indiana 1st g 4s 1951— F&A Southern Pacific Co— 85M 3.00% 2.75% 4.00 Jer Cent 4s *51 opt '06 A&O Gen & ref 4Ms 1997ser A_.J&J Gen & ref 4 Ms 1997 ser B.J&J 117M 118% Oregon-Wash RR & Nav— 1st & ref g gu 4s *61 opt..J&J 87 84 M Ral & Gaston 1st 5s g 1947--J&J Raritan River 1st g 5s 1939--J&J Reading Belt 1st 4s 1950—-M&S 46 46 42 42 ; 90 M Portl (Me) Term gu 4s 1961.J&J Guar 5s 1961 J&J Portland & Rumford Falls— 5s 1951 M&N Port Reading 1st gu 5s 1941 __J&J Potomac Val 1st gu 5s g 1941 -J&J Prov Sec deb 4s 1957 gu M&N i Prov Ter 1st g 4s gu 1956 M&S' Prov & Wore 1st 4s 1947 A&O Raleigh & Augusta Air Line— ' 1st 5s 1931 ' 92 M 103 F&A J&D J&D 1st 4Mb series D 1977 „ 103M _ 40 A&O 1st M 5s 1962 series B 1st gen 5s 1974 series O 111% 100% 100 M 1.25% 2.00% 2.00% 2.00 2 50 2.50 70 Nor RR of N J gen 4%s 2000. J&J No Ry of Oal 5s g gu 1938A&0 North Penna 1st 3Ms, 1953.. J&J Gen g 3 3-1 Os 1953 J&D 5 20 116 116 4Mb 1960 ser O A&O Eqtr 3 Ms Apr 1 1938-1946 Eq tr 2Mb 1937-1946 J&D Pitts Young & Ashtabula— 1st gen 4s series A 1948—J&D 74 94 M 110M Ref & imp 5s 2047 ser D...J&J Eq tr 4Kb 1938-*40 (yr)M&S15 Eq tr 2%s 1938-1947 M&S Eq tr 2X8 1937-1940 J&J 5 1st M 72 m 1st g 4s May! 1933 M&S / 25 Seab-All Florida Ry— 1st gu 6s 1935 series A F&A Certificates of deposit / 7 1st gu 6s 1935 ser B. F&A Certificates of deposit 6M Seaboard & Roanoke 5s 1931.J&J 73 Seacoast RR prior lien 5s '48. A&O 95 Shamokin Sun bury & Lewisb'g— 2d ext'd 5s 1945. 107 .J&J Shrev Bdg & Ter 5s '55 91 gu F&A Sioux City & Pac 3 Ms 1930—F&A 37 Somerset Ry 1st & ref 4s '55—J&J 66 M 1st M 4s July 2 1950 67 J&J South Bound RR 1st 5s 1941 A&O V 31 South & North Alabama— Gencon8gug5s 1963 122% A&O 107 % J&D 1st M 4 Ms 1959 ser B ; 118 — 10% 14 13% 12% 65 Atlanta-Birmingham Div— 118" _ 72 M Apr *33, Oct '33 & Apr'34, '45 Stamped as to sale of Apr 1 '33 to Apr 1 1937 coupons. Northern Pacific— Prior lien g 4s Jan 1997 Q&J Gen lien g 3s Jan 2047—Q&F Ref & imp 4 %s 2047 ser A.J&J Ref & imp 6s 2047 ser B...J&J Ref & Imp 5s 2047 ser O...J&J : J&D fg 5s 1959 Pitts Va & Char gu 4s 1943.M&N Pitts & West Va Ry— 83 83 Ctfs of dep stmpd as to sale of „ 116 / 23 notes 1931 F&A Receiver ctfs 2-3Ms *45-.-F&A 116% 107% 16 21M 5% secured 122 f A&O 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 107 no 1st gold 5s 1940A&O Cons 1st g 5s July 1 1943..J&J Pittsb Term RR & Coal— 1st g guar s f 5s 1942 J&J 124% 1st gold 4s 1950 Stamped 111 110 Pitts Shenango & Lake Erie— 104 72 M 72 M s 113% 113M mm 116M _ 120 M 110% 110% 6% receivers' ctfs 1927—F&AO Pittsburgh & Shawmut— 106 M 114M 114M 109 { 109 107% 117 -F&A A&O 1st g 5s 1942 M&S Scioto Val & N E 1st 4s 1989M&N Seaboard Air Line Ry Co— 94 F&A >f gold 5s 1949 Joaquin Val— 1st g 5s Oct 11940- San Fran Term 1st 4s 1950--A&O Santa Fe Prescott & Phoenix— 116 Pitts Shawmut & Northern—■ 27 M 83 ; 23% ^ Bid Salt Lake & Ogden 5s 1934 f 20 San Antonio & Aransas Pass— 1st guar g 4s 1943 J&J 100M San Fran & San 24 M 93 4Mb series I 1963 -F&A 4Mb series J 1964----—.M&N Gen M 5s 1970 ser A J&D Gen M 5s 1975 ser B A&O Gen M 4 Ms 1977 ser O—.J&J 102 Bonds 102 24 4s series G 1957——.—M&N 4s series H 1960 F&A 90 — ' Certificates of deposit.. Norf & South 1st 5s 1941.M&N 1st gen g 5s 1954 opt J&J Norfolk Term 1st gu 4s 1961M&N Norf Term & Transp 5s '48F&A Norf & W Ry 1st con 4s '90.A&O Norrist'n & Maine 1st 4s *52 M&S Northern Central— Gen & ref 5s 1974 ser A..M&S Gen & ref g 4 Ms ser A '74.M&S Northern Ohio Ry 1st guar 5s— Oct 1 1934 & sub coups 1945.. Oct 1937 and subs coupons / 31 J&J / F&A / Ask 101 Phila & Chester Val 4s 1938. A&O 98 Phila Newton & N Y 3s 1942 A&O Phila & Reading RRr-Ses "Readl ngOo." N Y Pennsylvania & Ohio— Prior lien ext4%s, 1950—M&S N Y Phil & Norf—1st g 4s '39 J&J Income 4s Jan 1 1939 M&N Bid Bonds Ask \ 97 99% 98% 100 110 103 .... 103% 97 65 103 99" / RAILROAD BONDS 72 price, are "and interest" except where marked "I" securities are aa near as possible for the closing day of the NOTICE—A llbond Quotation, for all Bid Bond, and Stocks Ask Union Depot (Columbus. Ohio) Gen 4Mb 1946 J&J Union Pacific— T 1st ry & land gr 4s g 1947—J&J 1st & ref 4s June 2008——M&S 1st & ref 6s June 2 2008—M&S A1 Great Southern Preferred 11334 10634 , Eqtr 4Hsl938 Eq 4Mb Sept 16 ^SS-'SO-M&Slg Eq tr as 1937 (yr)_..----M&S Union RR (Penn) 1st 6s 46.M&S 128" -M&S Union Terminal Co (Dallas)— 1st mtge 3 34? 1967 F&A Deb 6s 1946 Co— Utlca Clin & Bing Vandalia RR— 111 334 1st cons g 107 9534 97 > , 10334 1966.M&S Eq tr 434s 1937-1940 (yr)..J&J Eqtr 5s 1938 (yr) ., M&N Wabash Railroad Co— 1st gold 5s 1939 M&N 2d gold 5s 1939 .--F&A Deb mtge 6s series B 1939. J&J 1st lien term gold 4s 1954.J&J J. / Ref & gen 534s 1975 A...M&S f Certificates of deposit Equipment trust 534s Equipment trust 5s ---Eqtr 434s 1938-43 (yr)—A&O Det & Chic ext 1st g 5s 41.J&J Des M Div 1st g 4s 1939-J&J Toledo & Chic 4s g 1941—M&S / Omaha Div. 1st 3 34s g '41.A&0 2.00 104 1.25 1.75 1.20% „ 8734 75 Ref & gen 5s 1976 ser B..F&A 81 7934 29 30 5.00 4.00% 4.00% 4.00% 5.00 5.00 95 7234 9154 6834 58 29 / 30 30 Certificates of deposit.__ — Ref & gen 4 Hb 1978 ser O. A&O Certificates of deposit...— 1980 ser D..A&0 Certificates of deposit Warren 1st ref g 334s 2000--F&A Wash Cent 4s Mar 1948. --Mar Washington Co Ry 1st g guar 334s Jan 1954 opt 1924 J&J Wash & Frankl Ry 1st 5s '39-J&J Wash Term Co—334s 1945--F&A 1st gold 4s 1945 guar F&A Washington & Vandemere—. 1st 434s 1947 F&A West Shore 1st 4s 2361 J&J West Virginia & Pittsburgh— 1st gs f 4s 1990 A&O West Fruit Exp—See Gr Nor Western Maryland 4s 1952.A&0 1st & ref 534s 1977 ser A—J&J Equipment trust 434s Equipment trust 5s — West N Y & Penna 4s 1943. A&O Ref & gen 5s to 89 J4 ff Wabash Railway Co— 2854 ii 96 30 30 7534 10134 . Western Pacific RR Corp— 58 61 10334 106 10834 109 107 3.00 3.00 108 28% 10234 10754 2.25% 2.25% 10034 109 3054 3.00% 3.00% 10134 101 94 < 107 11034 113 104 7 35 12 45 106 ——.— 1534 18 4% non-cum 1st 4% non-cum 2d 103M 104 90 102 108 98 108 J&J 115 2134 J&J 19 23 24 11 2634 1634 1534 20 ; 2534 P 55 M&N 1034 2534 — 23 bonds— 1936—J&J / Non-cum 8534 If % 10% 16 100 109 4 100 (guar O & A)—100 Kal Allegan & Gr Rap (gu)—100 K O St L & Chic—Pref (gu)—100 Kansas City Southern 100 Lackawanna preferred 100 RR of N J.——100 Lehigh Valley..--———— 50 50 Little Miami original guar... 50 Spec guar betterment stk— 50 Preferred-..- • No par value. Ex-dividend I Quotations represent dollars per . $100 face amount, 128 & Eastern 100 Marquette Ry com 100 5% preferred 100 5% prior preferred 100 Phila Germ & Norris(guar) — 50 5 26 30 Pere 16 34 134 1534 2134 1634 72 It* 86^ 9l" 190 196 40 3 634 2234 40 6O34 \% 4?* ill* 154 88 92 112 117 16 1534 67 14 49 bBasis. Potom—com...100 Dividend obligations...—100 6% guaranteed 100 7% guaranteed .....100 Roch & Genesee Val RR —100 Rome & Clint (gu D & H)—100 Rutland 7% preferred 100 St Louis Bridge 1st pref 100 Rich Fred & 100 100 6% non-cum preferred 100 Louis Southwestern 100 5% non-cum preferred 100 Saratoga & Schenectady (gu).100 Seaboard Air Line common * 4-2% non-cum preferred—100 Sharon 50 Southern Pacific Co 100 Southern Ry common 100 5% non-cum preferred.—100 Mob & Ohio stk tr ctfs 100 Southwestern of Ga (guar)—100 Tennessee Central — * Preferred 100 Texas & Pacific Ry. 100 3I 5% non-cum preferred A... 100 5% non-cum conv pref B—100 D L & W). 50 Jersey & Seashore (gu). 50 Warren N J (guar West Maryland Ry com.. 100 preferred ... 100 243 4% non-cum 2d pref......100 70 1434 Western Pacific RR Corp....100 Western 1st 32 103 100 Troy & Gr'bush (gu N Y C)._ 50 1934 Tunnel RR of St Louis.....-(100 100 4834 Union Pacific—Common 4% non-cum preferred 100 6434 1034 United N J RR & Canal (gu).100 4434 Utica Chen & Susq Val (gu).lOO 334 Utlca Clinton & Binghamton.100 Valley RR (N Y) (guar) 7 100 Vermont & Mass (guar)—...100 22 Vicksb Shrevep & Pac com...100 44 5% non-cum preferred—..100 6134 Virginian Ry common....—100 6% cum preferred— 100 6 Wabash Ry .—100 % 74 22 (gu)—100 St 78 58 80 2034 107" 51 163 40 2934 77 15 79 7434 149" Pittsburgh Bess & Lake Erie.. 50 Preferred.. 50 Pitts Cin Chic & St Louis-...100 2d preferred St Louis-San Francisco Ry 55 10 75 52 36 ,34 37" , 270 266" 75^ 3534 334 * 7% pref (guar Pa RR) 1534 55 (gu Pa RR).100 Phila & Trenton Piedmont & Northern 434 Joliet & Chic 4% non-cum 124 Peoria 12 * ctfs Peoria & Bureau Val (guar).. 100 43 >100 preferred 65 1534 Stk tr Com vot trust 68 58 98 35 2l" 18 64 42 195 65 60 434 1334 834 ctfs—See RR Securs Co Internat Rys (Cent Am) com .» 2ZX 62 ...100 Paterson & Hudson River.... 50 Pennsylvania RR ... 50 Pennroad Corp v t c 1 Passaic & Del Ext 113" 40 6% pref series A—100 Leased lines (guar) 5% Worcester & Conn Eastern Ry— IJ&J Illinois Oswego & Syrac (gu D L & W) Pittsburgh & Lake Erie.. 60 Pittsburgh & West Virginia—100 76 Pitts Youngs & Ashta 7% pref 100 110 Portland & Ogdensburg 100 210 Prov & Worcester (guar) 100 88" Railroad Securities Co— $4% 111 Cent stk ctf 1952—1000 50 16" Reading Co 4% non-cum 1st pref — 50 2034 4 % non-cum 2d pref 50 21 Rensselaer & Saratoga (guar). 100 i55>i preferred 100 Central—----—---100 S* 90 117 105 5% n^n-cum 100 112 125 Pitts Ft W & Chic com 72 preferred 100 Hudson & Manhattan.-.-.—100 167 120 134 334 334 1034 234 3 34 365 115 6% 10434 R).. 50 Securities Co North Pennsylv (gu P & ll* p 9H (guar Pa RR)— 50 Ft Wayne & Jack pref (guar) .100 Georgia RR & Bank Co (gu)-l00 Great Northern Ry— Iron Ore Prop trust ctfs....—* Preferred (capital stock—.—* Green Bay & Western.. 100 Gulf Mobile & Northern com. 100 104 163 Norwich & Worcester pref 8 Erie & Pitts 241 102 4 50 (guar) 234 2% 237 80 234 834 9H preferred--100 preferred--100 2 4 100 108 234 100 Erie—Common 13 234 .100 Northern 9634 100 preferred 100 & Atl——100 i!B 100 Ogden Mine RR (gu On N J)-100 69 5234 Old Colony (gu NVNH&H)--100 93 6% non-cum preferred 100 East Penna (guar P & R) 50 Elmira & W'msport (guar).— 50 Preferred (guar Nor Cent). 50 49 81 130 140 90 100 100 Ry ilB 36 IF 100 36 19 62 25 78 100 7% conv preferredN Y Ontario & Western.. 5334 52 West 6% pref. 100 W (guar)—-100 Detroit & Mackinac Ry—.—100 5% non-cum N Y New Haven & Hartf 100 Adjust 4% non-cum pref—100 33 No Carolina (guar Sou RR)—100 1234 Northern Cent (guar Pa RR). 50 North'n N H (guar B & M)_.100 100 Northern Pacific Ry .100 98 5334 North RR of N J (guar Erie). 100 33 18 & Western— 50 Delaware 50 100 13 51 51 Dayton & Mich com Jjruar) 50 Preferred (guar O H & D)— 50 Delaware & Bound Br (guar)-100 Delaware & Hudson Co 100 Erie & Kalamazoo Winston-Salem Term 5s '66-A&0 Wisconsin Central Ry— X 15 9534 .100 3634 4734 50 - 10% non-cum preferred N Y Lack & West (guar) 2034 M Denv & Rio Gr Winston-Salem Southbound— Yovraite Vail. f g 5s N Y & Harlem com (gu) Norfolk & Western Duluth South Snore 1st & ref 4s 1959 —A&O Sup & Dul Div 4s 1936—M&N Certificates of deposit Marshfield & S'eastern div 4s 10 12 Norfolk Southern Detroit Hills & 8 1938 —J&D Wilmington & Newborn— 1st gold 4s 1947 F&A Wilmington & Nor 4 34s *77-J&D Gen 5s Aug 1 1982 F&A Wilmington Ry Bdge 5s *43.A&O 1st gold 434s 1943 Yonkers Ry see "P L" Passumpslc pref_—- UH com....100 6% preferred series A 100 6% Consol Rys of Cuba 6% pref-100 Cuba RR 6% non-cum pref—100 1 N Y Chic & St Louis 13 12 12 -50 % 132 126 ..100 * New York Central RR 40 934 10% 4% 1st non-cum preferred—100 4% 2d non-cum preferred--100 Columbus & Xenia (guar) -50 Delaware Lack ' J&J M&N 2034 100 New Orl Texas & Mexico ...100 Southern 2d 5% non-cum New London Northern New Orleans Great Northern 38 -50 30 100 or«ferred--100 ~6* -100 Cleveland Special guar 4% 41 100 15" 13 5% non-cum preferred---—100 Cleve & Pitts (gu Pa RR) 7%-50 Conn & 4.00 4.00 1st guar g 5s 1951 12 National Rys of Mexico— 1st 4% non-cum pref 5% pref-100 Cleve Cine Chicago & St LJ—100 Colorado & 46 Nashv Chatt & St Louis.. Cin Union Term 102 57 50 Original Unstamped 10 — - - - preferred Mobile & Ohio—See Southern Ry 130 ——100 Texas Pacific—100 6% non-cum 60 100 934 5% non-cum preferred—--J99 Chicago & North Western.-—100 7% non-cum preferred 100 Chic R I & Pacific common—100 7% preferred 100 93 634 100 preferred 129^ —* 92 conv Morris & Essex (guar)....... Nashville & Decatur— common—100 Preferred — Cincinnati Sandusky & Willmar & Sioux Falls 1949.1 Certificates of deposit 41 5% 8634 4% non-cum preferred—-.100 Chic Milw St P & Pacific— Cin New Orl & - 1st gen g 4s 39 6% preferred 1st guar g 5s 1942 J&D / 1454 Wilkes-Barre & Scranton Ry10134 lst 434s May 11938 Willamette Val Southern Ry 6s 1939 F&A / 1960 4% non-cum preferred pref (guar P & R)__- — --50 Cayuga & Susq (gu D L & W)_30 Central of New Jersey —100 Chesapeake Corp.. — -* Chesapeake & Ohio common—25 Preferred series A 100 Chicago Burl & Quincy—'•--195 Chic & East Illinois common.100 6% preferred-.. 100 Chicago Great Western com.-100 4% preferred 100 8934 J&J Wichita Union Terminal Ry— 1st gold guar 4s 106 2d . 1st g gu 434s 1941 opt Wilkes-Barre & Eastern— 103 6% non-cum pref stamped—100 Bost & Prov (guar Old Col)—100 Camden & Burl Co (guar) —-25 Canada Southern 100 Canadian Pacific -25 Car Olinchfield & O com 100 Common stamped 100 Oatawissa RR—1st pref (guar) .50 Common 334 Mobile & Birmingham— 5% class A 100 8% class B-..--100 7% class O--.--100 10% class D 100 4 % % class E —100 Chic Ind & Louisv 2234 100 41 100 95 m 1st 5s 1980 Wichita Falls & Sou 1st 6s '38 pref pref pref pref pref 100 40 100 93 87 1st M 5s 1946 series A_.—M&S Assented 5s 1946-- Equipment trust 5s Eqtr 5348 1937-'38 (yr)._.J&D 234s trustees ctfs Dec. 1 1938. Western Pocahontas 434s 1945. Western Ry of Ala 4 34s '58.-A&O Wheeling & Lake Erie RR— Ref mtge. 4s ser D 1966--M&S 1st consol gold 4s 1949—-M&S Wheeling Term 4s 1940 F&A White & Black River Valley— 1st 1st 1st 1st 1st 234 7 6 7% preferred series A Missouri Pacific com - - preferred P * 2634 2934 A.-.--100 B 100 100 100 -100 preferred 100 Common 34 .....100 87" Stamped— 10334 A&O __ * 7% prior 99 .J&J 5s 1958 6% non-cum 103 102 '40--M&N M&N M&N Virginian Ry— 1st lien & ref 334s A 20 ississippi Central 2634 2934 -50 1st pref 7% class O 1st pref 10% class D 1st pref 434 % class E 53" o-Kan-Texas RR com. 1st pref 5% class 1st pref 8% class 60 18 1948 M&S Vicksburg Shreveport & Pacific— Gen 5s May 1 1941 354 105 59 f 6s l958 Debenture s f 7s ref & impt 5s 1973 Va & Southwest 5s 2003 5l" 73 82 Boston & Alb (guar N Y O)—100 Boston & Maine common—-100 103 2 15 50 50 Minneapolis & St Louis 100 Minneapolis St P & S S M—100 7 % non-cum preferred 100 4% leased line ctfs 100 4934 Unstamped— 1940--A&O Vicksburg Bridge & Term Co— 50 Prr ferred 96 168 4834 pref--. 17 54 1000 Mill Creek & Mlnehill Navig. Minehill & Schuyl Hav (gu)— 49 50 Central .... 100 50 Preferred - 1834 .100 ....100 Maine Central Michigan Central Middl %nd V alley common 51 100 Bellefonte 82 670 52 7734 9734 92 160 C)—50 Belgian Nat Rys Co— American shares partic 3 scrip ret No. 5 on Pr lien 6s *15ext 5% 6% conv preferred Beech Creek (guar N Y 10234 100 Louisville & Nashville 40 102 7634 9234 100 234 Vermont Vail 1st 4 34s s 33 31 98 4% non-cum pref Bangor & Aroostook com 50 110 Lykens Valley RR & Coal... 20 Mahoning Coal RR 60 Pref (guar LS&M8) 50 37 39 39 33 (guar)--100 Augusta & Savannah 111 July 1914 coupon—J& J1934 July 1914 coupon off J&J 1st guar 4 Hs assented— 1st M ny Atlanta Birm & Coast pref—100 Atlan & Char Air L (guar)—-100 Atlanta & West Point 100 Atlantic Coast L Co of Conn—50 Atlantic Coast L RR com 100 111 A M&N 234 3634 Bait & Cumberland 7% gu—-50 Baltimore & Ohio common—100 10034 Vera Cruz & Pacific RR— 1st guar 4 Hb unassented— Cash war & ' 112 106 A—.F&A 170" Ask Bid Stocks II I?!* 83 Corp common -—* pref (with $30 warr ).l 00 pref (without warr)—100 pref (with $40 warr) -100 ,./o prior conv pref - - * Allegheny & West (6% guar)-100 Atchison Topeka & Santa Fe_100 5% non-cum pref —100 11134 117 M&S F&A M&S 5s 1939—-J&J Cons g 4s 1955 series Series B 1957 Albany & 118 M&S M&S 1979 1944 1st 4s Sept 1 1948— 1st 434s Feb 1 1973Gen 1st g 334s 1951 1st 434s Sept 1 General gold 4s --50 50 com Vicksburg.gu——100 Susquehanna (gu)—100 Par Lit Schuyl Nav RR & Ooal(gu) 50 Louis & Mo Riv pref (guar)—100 Ask 74 Alabama & 115 9534 95 >1 9934 1.00% 1.00% 1.00% 1971—M&N 34-year 3 34s debs 1970—A&O Eq tr 2 34s ser E 1938-52—/&J 36-year 334s debs United N J RR & Canal RAILROAD STOCKS . 107 Bid Par Stocks and income and defaulted bond. month preceding the date of Issue 56" 42 80 84 135 166" 175 17434 177 91 87 2934 3034 162 166 23 120 25 14 32 39 29 37 3434 3534 101 99 110 110 160 200 88 72 334 137 68 234 5 1134 20 118 134 4 47 4334 40 60 86 18 105 4334 58 125 121 91 242 87 68 95 85 167 11934 434 9 634 46, 60 734 100 13 2 534 6% non-cum preferred.....100 Wheeling & Lake Erie Ry—.100 102 534% cum-conv preferred.. 100 113 /This includes accrued interest, * Last sale, n Nominal. Investing Companies Stocks and Bonds NOTICE—All bond prices are "and Quotations for all securities Stocks and Bonds Bid Par Convertible preferred t 18.50 10.04 4* 25* ....* 27 'he * Aldred Invest Trust (Mass)— Deb 4*s with comshs 1967... Aldred Investment Corp (Can)— Deb 4*s with com shs 1968... 54 - AlliaQce Investment 1 U, Convertible * * 1.05 50 ... 1 7 1 49 51; 57 15* 25.38 55c 35.48 14* 3* 75" 65 42 45 1 6 8 24.95 * 4* 4 43 2200 44 26.83 8 10 3.43 100 * ser 1 t 1 c A..1 112 6.00 3.29 3.08 2.25 B shares O shares.. D shares...... 3.50 .... l 2.50 Dividend Shares 25c Domestic & Foreign Investors— Deb 5*s 1947. F&A / Eastern utilities Investing Corp— Deb 5s 1954 —M&S 15 / Economic Inv Tr Ltd 5sA'57M&N ... Elec Shareholdings Oorp com...l $6 convpref with warr * Equitable invest Tr (Mass)....5 Equity Corp common 10c $3 conv preferred 1 Equity Shares \ Equity Trust Shares in Amer 1 Fidelity Fund, Inc * First Boston Oorp .........10 No par value, 25 18* 20 30 29.28 24.07 31.01 26.21 Series K-2 18.84 20.62 24.69 11.46 27.07 12.70 Series K-l ---.-10 4 * 10c Massachusetts Investors Trust.-1 Mutual Investment Trust -10 7.70 1.99 1.84 44 47 — 9l80 28.06 14.95 * 24 16.34 26 100 * 25o 91 52 94* 55* 2.70 1 National Trust Shares— Remodifled Nation Wide Securities Co 82 1* 35 5* 3.95 26.18 25* 3* 85 34.97 1* 38 5* 4 35 28.20 27* e 4.19 1 88 17.93 10c 7.08 10.68 IIII—I 4.2 2 04 19.28 20c 3* ..1 Electrical equipment Insurance stocks Common stock 1.35 89* 1* 1 85 $6 preferred ; * Royalties Management A 1 Schoellkopf Hutton and Pomeroy Inc common——10c Second Nat Inv Corp— Common 50c 56* 3 73 * $5.50 prior stock 13.72 2* 2* * - * 5 - Conv preferred Allotment certificates Shawmut Bank Inv Trust— 4*s Mar 11.01 20 92 — 94* 94* 11.54 11.89 12.48 $5.50 preferred Deb 5*s 1939 ww Utilities Inc State St Investment Corp.. Standard common $1.20 preferred $3 cum conv 1st pref Super Corp of Amer class A - Class BB ----- 93 .74 107 3 6 13* 50* 3 93 2.62 4.05 2.62 2 1 Class D 3 x 7.46 3 ... x 7.46 13.34 Supervised Shares -.1 Thud National Investors— 1 Tri-Continental Corp.. ...* 6% cum preferred * Warrants 5s conv deb 1953 J&J Trusteed Amer Bank Shares B 25c Trusteed Industry Shares—..25c Trustee N Y Bank Shares....50c Trustee Stand Invest ser O 1 Class D --.1 Trustee Standard Oil shares A—1 Series B 1 31 8 101* 1* *U5M 1.42 1.63 3.00 2.95 7.69 7.24 * 9 Conv deb 5s 1946 M&S United N Y Bank Shares 03 * United N Y Trust Shares ser F * U S Banking Corp * U S Elec Light & Pow tr ctf A 95 common Trust ctfs series B 58* 62* 1 x 1 Class B Utility Equities Corp Voting trust ctfs 5 Conv preferred 7 Utility & Industrial Corp——5 Convertible preferred——.7 Wellington Fund Western Reserve Investing— Deb 5*s 1944 F&A 3.04 3 ■ 1 4 15* 2.40 .90 15 90 _ 7^ 7\H * 2 17. 104* 2.63 3.30 3.24 l 2* 41 50 2 Class AA 11* 96* % 19.6 3.95 * 101* 95* I * kly* Collateral 4s 1951 J&D North American Trust Shares— 1953 * 1.03 * * 100* 5 13.28 110 A—* Common B Union Investment 2 55 ,_* F&A 15 14.19 15.29 10.88 96 1 / Flat price 1942 1952 U S & Foreign Securities com—* $6 1st preferred * U. S. & International Sec * 1st pref with warrants.... * $6 cum preferred 100 North American Bond Trust Otfc. North American Invest Corp— Ex-coupons. 1 1 57* 95 100 - $6 preferred 4* 3.90 75 — Selected Amer Shares Inc Selected Industries com 1* 91 70c 3* $5 conv preferred —...1 Securities Co of New Jersey— 5*s series 2 Oct 1937 5s series 3 Dec 1937 6s series 4 Nov 1942 Securities Corp General com * - 13.59 1.50 91 3.80 ——_1 11.56 10.07 12.30 13.15 14.17 Niagara Share Oorp (Md)— Conv deb 5*s 1950——M&N B common— "75c 1 Steel stocks 103 32.54 Building supplies 2.75 6.90 69* 65c common Machinery stocks Railroad equipment 50 45 2 38 13 09 Representative Trust Shares 10 Republic Investors Fund 25c Reynolds Invest 5s 1948 A&O Class C 8.95 18* .... 4* 26.45 18.47 18 Preferred * Reliance Internat Corp com A 10c Preferred * Sterling Securities 3 - "2"" 1 16.86 Quarterly Income Shares 10c Railway & Light Securities com.* k 15 Conv coll tr 4*s series "11" 1955 A&O -105 Railway & Util Invest A 1 k 22.30 Bank stocks $ Called July 1 at 102. I 15.58 14.68 1 Preferred 1958 * n —_1 Series C Investors Royalty N Y Bank Trust Shares New York Stocks, Inc.— 11 4.70 6.95 ,10§M 2* 102 101 Standard Amer Trust Shares 1 Standard Investing Corp com..* 100 100 1 ._* 25c Voting trust ctfs New England Fund 1 New Jersey Bankers Securities..* Diversified Trustee Shares * 1948.A&0 * Util Sec 7% preferred 85 4* 2* * Warrants 35" 10* 98* * 47 New 32 _ 10c - 44 P 2 10 $5.50 preferred 115 Pub 10 81 National Investors 29 Plymouth Fund Inc Prudential Investors $6 preferred Pub Util Investing 5s 3 7 37 .79 * Investment Co of Amer National Bond & Invest com 5% preferred ser A w w Nat Bond & Share Corp 3.43 * 29" 16H 27 14* Class B Phoenix Sec Corp $3 conv pref class A 28" ~ 15* 2.68 .... 1.76 1.64 97 35 $3 convertible pref A Investment Bond & Share— 5s series A 1947 --J&D Interstate Equity common Larkins Warr Trust 5 98 * 48* 46* Major Shares Corp Maryland Fund Inc 4 14* 7 98 * 46* 97 2.68 l 8 7 F&A J&J __ 6* preferred 6% preferred 99* 100 J&J Pacific Southern Invest pref 3! 19 1.62 Holdings & Inv 73 2.83 Pacific Investing Corp— Deb 5s 1948 Series A 1 M&S 5s March M&S Shenandoah Corp common 1 $3 convertible preferred 25 Solvay Amer Investment Corp— Name changed to Solvay Am Corp 5 * % pf 100 Sovereign Invest. Inc., com 10c Spanish & Gen Corp Lta— Am dep rets ord reg £1 Amer dep rets ord bearer £1 Spencer Trask Fund Inc * 68 10 100 10 .83 1.51 Group Shares 95 —III 3.09 Insurance Group Shares Series B-2 10 32 « 30* 2* 8* 5 * Debenture 4*s Feb 1 1947 Debenture 4*s Dec 15 1952 Old Colony Trust Assoc.. * Overseas Securities Co * Deb 5s Nov 1 1947 M&N Deb 5s April 1 1948 A&O 55 Series S-4 39 ...„_i 49!S 23768 Keystone Custodian Fund B-3—* 2 37 _l * 14* 26 Series S-2 1 6% preferred 100 Corp Secure 5% notes 1935.M&S r Corporate Trust shares old ser.. 1 1 1.12 Investors Fund of America— 2275 5.62 5.25 Continental Secur Corp com * 6% preferred 100 Debenture 5s May 1 1942 Continental Shares com * — 2.10 share Northern Securities see "RR" Oils & Industries com.——.-..1 Preferred 1 Oklahoma County Trust.— 10 1.50 Internal'1 Secur Corp Amer— 49 Preferred 100 Consolidated Funds Corp cl. A.l Consolidated Invest Trust com.l Warrants 1948 1.79 1.58 1254 Insuranshares Co of Delaware--1 Insuranshares (Md) ctfs Inc—1 84* 2 * 1.61 1.44 24 * -—* * Insull Utility Invest— Deb g 5s Jan 1949— Deb g 6s 1940 B with war 1111111* (modified) Bank International Securities com 100 Commonwealth Investment 1 Commonwealth Securs common.* 1.03 1.02 —— 4170 4^30 Christiana .94 1.45 Steel Shares Tobacco Shares Guardian Investors com—--—1 2i|* 20* ———«—* 1.42 2.10 1.56 1.38 1.94 — Independence Trust Shares—__* Institutional Securities Ltd— 33.17 Corp class A....* 2.06 1.65 —-— Hydro Elec Sec com Incorporated Investors 48c $3 cum pref series"aIIIIIIZIIo Carey Trust ♦ Deposited Bank Shs N Y 1.90 Equipment Shares— Debenture 5s series A Huron Holding Corp 23.73 1 ......* 88* ——.— - $6 1st preferred S3 2nd preferred $7 preferred 33 4.75 50 1956 Railroad Capital Administration cl A Cumulative Trust 8hares Deposited Insur Shs. ser A Series B t"~" 87* 1.30 1.94 Petroleum Shares 3 15 * 50 F&A r 8% preferred Cram & Forster Insureh B 7% cum preferred 20 1 50* 1* 8* 5s series A 1959 A&O Canadian Invest. Fund, Ltd 1 Canadian Pow & Pap Invest Ltd— Orum & Forster Inc com... 32* 1.48 1.32 Investing shares — Merchandising Shares Mining Shares Canadian Internal Inv Trust— Accumulative series AA (modified) 1 1.55 Food Shares 10 Boston Fund Inc British Type Investors class A 1 Broad St. Invest Co Inc ...5 Bollock Fund Ltd AA_. 7.1% Chemical Shares. 26 5 ..... 89 £ 1 Building Shares 30 ... Deb 5s series A 1958 15. 1 * 35 Associated Stand. Oil Shs 2 Atlantic & Pac Int. com w w » Preferred w w 50 Atlantic Secur 4*s A 1953.A&0 f ACQ —- Corp fc J&D 6% preferred Option warrantsBancamerica-Blair Corp Bankers Nat Investing com Bankers Sec Oorp com.. 6% preferred Basic Industry Shares 101 44.25 Automobile Shares.--— 93* Nat Oorp Investment 20 92 85 Class B._ 1952"^th'outware _ 24* 10-year deb 3s 1946 Central 100* $6 pref (with warrants) --* German Credit & Investment—Pref allot ctf 25%, 1st pref--* Gleneagles Invest 5s June 15 1944 Great Brit & Canada Investment Corp 4*8 1959 A&O Group Securities, Inc— Agricultural Shares 30% 36* .* Century Shares-Trust.. Chicago Corporation Convertible preferred Jw* Ask Per Class A Warrants. 102 * \% 23.72 Investors—* General Investors Trust Gen'l Realty & Utilities com if* 35* 6 50 $6 preferred 80* 11* 6% preferred w w ......100 6% preferred ex-warr 100 Class B American Bid Par Old Colony Invest Trust— Common Shares Inc—2 * Class B General Capital 48 Associates Investment 35* 34* Fundamental Investors Inc.—2 25 fc 25 fc 25 ; Atlas Corp com 12.27 General * preferred 4.07 10.18 f?ebS^FetTl 35 * 3.70 20 Series B General 7* ... 3.40 Foreign Power Secur Oorp 1st coll tr conv 6s A 1949--J&D Foundation Trust Shares ser A—1 Fourth National Investors— Common with warrants——1 Common ex-warrants— 1 Stocks ana Bonds share 3.74 .——10c . 10c Fixed Trust Shares series A—10 Insurance stock series - Warrants 36* 10c Amer Insuranstocks Corp Amer Investment (111) Fiscal Fund, Inc.— Bank stock series Fundamental Trust 101 1.12 10c ♦ Ask Per Class A $3 preferred $5.50 prior pref * American & Continental Corp Amer Elec Sec partic pref 1 American European Secur * Coll tr s f 5s 1968 ser A J&J American General Corp 10c $2 preferred ...1 $2* preferred ...1 $3 preferred 1 Amer General Equities Ins—25c Amerex Holding Corp * 7% preferred 8% preferred 2 21* 1.04 50c Amer Business Shares Amer Capital Corp A Class B 3* J* * F&A ..... 65 3* ... $6 preferred Deb g 6s 1953 58 60 * com 6s A with warr 1949 J&J Allied Int Investing Corp com..* $3 convertible preferred— * Ampr Bankstocks Corn ___* American British & Continental— Common * Bid Par share 17.39 9.11 3* Warrants Bonds Stocks and Ask Per Administered Fund 2d Inc......* Affiliated Fund com -125 Air Investors Inc v t c .....* interest" except where marked "f and income and defaulted bonds possible for the closing day of the month preceding the date of issue are as near as k Last sale, n Nominal, -■t: x Ex-dividend. ■ V j. Utilities Public (Includes street and electric railways, or as, electric power, water, telegraph, telephone and bridge companies.) NOTICE—All bond prices are -and interest" except where marked "f" Quotations for all securities are as near as possible for the closing day of the (Italy)—- Adriatic Electric Oo Extl s f 7s 1952 A&O 76 85 24 1951-F&A Ala Gas Oo 1st M 434s Alabama Power 1st os 93 9424 J&D 10034 9534 9326 7824 M&S 8424 1946-M&S -J&J M&N 1st & ref 5s 1951 1st & ref 5s 1956 1st & ref 424s 1967 1st & ref 5s 1968 Alabama Water Service Co—1st M 5s 1957 ser A. J&J Alexandria Water 5s 1937—J&J 10134 96 94 llH 96 95 100 Amer Commonwealths Power—2 J iS ' ii* Deb g 534s 1( Oonv deb 6s / / 124 124 10 20 f 15"" 21 Co—_ 924 10734 2028—M&N 4134 45 / / 46 8624 6124 63 44 Debenture 434s 1963 Amer States Public Serv— 1st 1534s 1948 ser A— Deb 6s 1938 Amer 46 82 80 / / 19 17 11234 10434 99 9834 11224 10424 9934 9824 American Toll Bridg 101 534s ser A, B & C ~ 534s series D, 19 10124 43 f 106 9824 Androscoggin & Kennebec Ry 1st 6s 1940.. M&S Androscoggin W Pow 6s '45-F&A / 61 Appalachian Elec Power— 1st & ref 5s 1956 M&N 10634 10934 Appalachian Power 5s 1941—J&D Deb gold 6s 2024 11134 J&J Ardmore St Ry—See Phila Co_ 80 Arizona Ed 1st 5s 1948.. J&J 1st 6s 1945 A&O & Income 5s 1960 J&J f 32 Income 6s 1960 A&O / 34 Arizona Power 5s 1950 F&A .100 97 1st & ref 434s 1950 F&A Arkansas El & Wat 6s 1944-F&A / 11 Ark Louisiana Gas 4s 1951 J&J 10024 52 53 ..J&J 89 10634 112 112 M&N J&J 53 . Oonv deb 4 34s 1949 Oonv deb 434s 1948 8 f inc deb 4s D 8 fine deb 5 34-6 IP IP 4734 }?* 48 A&O 4534 M&N 43 73 53 45 75"" 4634 58 48 44 47 38 42 57 59 5034 g* 49 3934 4134 M&S 97 99 8s ex-warrants 1940 Oonv deb 534s 1973 M&S 97 99 F&A 84 Oonv deb 5s 1973 Oonv deb 434s 1973 J&D 7334 J&D Oonv deb 4s M&S 67 65 F&A 4234 A&O 37 1940 1973 Income deb 434s 1978 Income dob 4s 1978 Income deb 3 24s 1978 Income deb 3Ks 1978 M&N M&S 69 Certificates of deposit Oonv deb 534s 1944 ser O.M&N Certificates of deposit 1 . 10434 8034 (34 34 33 34 'r f 1st & ref sfg 5s 1950 .——J&J 83* 34 36 78 63 61 10124 11224 11934 11934 114 120 11724 12424 10234 103 82 105 109 98 10424 10134 b Basis. 111 9934 11324 J&D 105 1st & ref 324s 1965 —M&S Cent Ills Elec & Gas Co— 11824 12624 85 40 2424 2424 29~" 23 2424 27 24 74 Corp— 1st & ref 5s 1941 122 9624 10124 2224 Central German Pow 6s '34-J&D / 103 10624 9924 F&A 1st & ref 5s 1951 100 Cent Illinois Light 3 34s '66. - A&O Central Illinois Public Service— 103 10324 1st & ref 5s 1956 ser E M&N 1st mtge 434s 1967 ser F..J&D 1st & ref 5s 1968 ser G M&N 1st & ref 424s 1981 ser H..J&D 103 104 9624 10024 9624 10024 95 9524 Cent Indiana Gas 5s 1957—M&S Central Indiana Power Co— 91 93 108 102 1960—A&O 1st & gen 4s ser G 88 8624 10024 10624 1st & ref 6s 1947 ser A J&J Cent Iowa Telep 524s A 1947. J&J Cent Maine Pr os *39 op '19.M&N 103 10224 „ 9524 85 1st & gen M 3248 ser H '66.F&A Cent Onlo L & P 1st 5s 1950. A&O 9424 83 70 98,x 9834 6834 Cent Pow 1st 5s 1957, ser 65 72 D.J&J Cent Pow & Lt 1st 5s 1956.-F&A 11% 9124 10124 10234 10024 10324 10434 10324 108 '39.J&A '65—M&N NY Rys 10824 Cent Pub Serv Oorp— Conv deb 524s '49 jnt 10424 9824 9724 M&N Blue Lakes Water 6s '38—M&S Bolivian Power 8s ser A '45-A&0 Boston Elev Ry 434s 1937-A&O 1st & ref 5s 1940 103 101 78 _ F&A Public Util. (w8) inc5 34s-1952 8 't 524 antral States Edison, Inc—■ 1st coll inc 3-5s 1950 M&S 1 Central States Elec Corp— Conv deb 5s 1948— _ 65 60 _ 47 24 J&J M&S 15 4824 49 34 Lt Corp— 1st M & 1st lien 524s 1953. J&J 54 24 55 45 Deb 524s 1954 Cent States Pow & Debenture 5s 1944 40 J&J 1938.J&J / 10034 Cent States Utilities 6s 105 17 15 Cent Vermont Public Serv Corp 108 1st mtge 3248 ser B 1966--F&A Central West Public Service Co— M&S 120 M&S 125 108 1st 1 coll 5 24s 1956 ser ' 2424 2234 109 106 105 97 6824 A—M&N t ; 534s series b 1956 M&N / 69 58 series C 1933— J&D / 69 Charleston Cons Ry Gas & El 107 Consol gold 5s 1999 M&S Charleston Transit Co— ' ; mmtmrn 109 75 M&S 1st 5s 1942 *«»««• ,r mmmm _ 91 88 M&S Bway & 7th Ave—See N Y Rys Bklyn Borough Gas 5s 1967.F&A Bklyn Oity RR 1st 5s 1941--.J&J 1st & ref 5s 1954 ser A Gen & adj 5s 104 8424 _ Brooklyn Queens Co & Sub— 1st m g 5s 1941 (stpd) J&J 1st con 5s July *41 (stp)._M&N ) 9924 100 83 1942—M&S Chattanooga Ry & Light— 1st & ref g 5s 1956 op '16.M&N Ohatt Rys 1st cons 5s '56-M&N Ches & Pot Tel of Va 5s '43.M&N f Internat Burlington (Vt) G L 5s 1955--J&J Butler Water 5s 1957 A A&O Butte El & P 1st s f 5s 1951..J&D Calgary Power 1st 5s I960-.A&O 1st s f 5s 1964 J&D California Gas & Elec Corp— Unif & ref g 5s '37 op s f._M&N California-Oregon Power— Deb gold 534s 1942 A&O 1st mtge 4s 1966 A&O 83 86 70 73 106 Chester Water Service Co— 86. 1002 9824 8624 1st 424s 103 102 M&S 1958 series A Chic Aurora & Elgin RR— 95 93 96 93 93 624 / / 1324 1324 1434 1424 f 6224 6224 6324 6324 10534 10424 Chicago City & Connecting Ry Coll tr s f g 58 Jan 1,1927. A&O , Certificates of deposit Chicago City Ry— 1st 5s (15% paid) 1927-—L Certificates of deposit Chic Dlst Elec Generating— 99 98 524 10524 J&J / 1st & ref 6s 1951 / 9224 90 105 90 86 Chic North Shore & Milw RR- / / 86 83 lst & ref 534s 1956 5824 99 100 9924 3824 36 11124 11224 115 10234 10324 90 86 A&O / 6 324 324 7^ Chicago Railways Co— 1st 5s 1927 stpd as to 25 89 red and pay Aug Certificates of 1, 1933.. / / deposit _ . '27.-A&O f Certificates of deposit—., Series B Feb, 1927 J&D / Cons M 5s ser A Feb Certificates of deposit Pur mon 4-5s Feb '27 opt. J&J Certificates of deposit 105" 10334 10924 10324 10224 10324 110 6334 6334 1834 64 64 1934 , 1924 Xl34 ! i!H - 934 934 13 13 . Adj inc 4s Feb 1927 opt..May Certificates of deposit f Chicago Rapid Transit Co— 1st & ref 634s 1944 / / Certificates of deposit 1st & ref 6s 1953 ser A.....J&J Certificates of deposit Adjust deb 6s July, 1963 J&J Certificate of deposit / 1% 5 734 734 i 24 .. 824 824 834 2 2 Chicago & West Towns Rys— 11 U24 104 106 A 9924 10224 10034 10224 102 / 110 10324 Cincinnati Gas & Eleqtric— See / This price includes accrued interest, M&S / 50 1942 Ooll trust 5s notes Brooklyn Edison Co— Consol mtge 3 34s 1966—M&N Bklyn-Manhattan Transit Oorp doll trust 434s 1966 M&N Coll trust 3s 1938— M&N Coll trust 3s 1939 M&N Coll trust 3s 1940 M&N Coll trust 3s 1941 M&N Coll tr series 3 24s 1942—M&N Coll trust ser 324s 1943.-M&N Coll trust ser 324s 1944—M&N Coll trust ser 324s 1945—M&N Col trust ser 324s 1946—M&N Coll trust ser 324s 1947--M&N Coll trust ser 324s 1948—M&N Coll trust ser 3248 1949--M&N Coll trust ser 324s 1950--M&N Coll trust series 3 24s 1951.M&N Brooklyn City & Newtown RR— 5s 1939 J&J Buffalo Traction Central Gas & Elec 6s Cent Hud Gas & Elec A&O J&J Buffalo & Lockport. Atl Oons St RR—See Ga Ry & El ♦Called July 1 15 105. . Bklyn Un Elev 5s 1950 F&A Kings Co El 1st 4s 1949...F&A 67 Nassau Elec 1st g 4s 1951—J&J 4334 Bklyn Un Elev—See Bklyn Queens 3724 Bklyn Un Gas 1st cons5sg'45M&N 1st lien & ref 6s '47 ser A. _M&N 3434 1st lien & ref 5s s&r B 1957 M&N 3334 Deb 5s 1950 J&D 71 Buff Gen Elec 1st 5s 1939—.F&A 65 1st ref 5s April 1, 1939-—J&J Gen & ref 5s 1956 ser A...F&A Gen & ref 434s 1981-.-—F&A 10534 Buffalo Niagara Electric— 81 Gen & ref M 3 34s ser C '67-J&D 36 2s serial deb 1938-1942—J&D 36 3s serial deb B 1943-1947--J&D 3 24s serial deb C 1948-52—J&D 3534 Buff & Niag Falls El L & Power— 36 1st gold 5s 1942—wt. F&A 2-yr 6% notes 1933 A&O /116 Certificates of deposit... /116 Atlanta Gas L 5s g 1947 J&D Gen mtge 4 34s 1955 M&S Atlanta Nor Ry—See Ga Ry & El Atlanta Wat El & Pr 5s 1943 J&J Atl Beach Bridge 634s 1942 77 73 103~" A__F&A ser str First lien coll tr 524s 7534 Athens (Ga) Ry & Electric—« | 98"" 1946.M&S '46.-J&D Central Georgia Pow 5s *38-M&N 102 69 63 Associated Telep Oo Ltd— 1st M 4s series B 1965 J&J Associated Telep & Teleg Oo— Deb 534s 1955 ser A M&N Assoc Telep Util deb 5s 1942A&O Certificates of deposit Oonv deb 6s 1941. M&S 86 3324 3234 Associated Pub Utilities Oorp— 1st lien 5s 1947 ser A .J&J Deb 6s series A 1958 M&N 97 J&D 4434 J&J 95 109 A *55 J&J Cent El & Tel 1st 5s Bleecker St&FulFy-See 1st 4248 series B 1961 Broad River Power Co— 9024 9424 11324 Central Elec of N J 5s 1940.-J&J 1st & colltr 5s 1948 ^!&A 7s Sept 1947- 9324 11324 10424 105 47 M&S O 106 10524 108 92 54 ser 102 Cedar Rap Mfg & P 5s '53—J&J Cent Ark Pub Serv Corp— Bridgeport Gas Lt 4s 1952.-J&J British Ool Tel 5s 1960 J&D 43 M&N F&A M & coll tr 4s Capital Traction (Wash, D O)— 1st g 5s June 1,1947 J&D Carolina P & L 1st 5s 1956--A&O 100 50 J&D B 00 100 Birmingham Elec 434s 1968.M&S Birmingham Gas 1st 5s '59.M&N 6% notes extended 1938--A&O Birmingham Water Works Co—1st m 534s 1954 ser A A&O ser 64 10424 Berkshire St Ry 1st 6s '37—J&D Berlin Oity Elect 634s 1951--J&D Sink fund deb 634s 1959—F&A Deb 6s Apr 1,1955 -A&O Berlin Elec Elev & Underg Ry?— 1st mtge s f 634s 1956—-A&O / 5s 1954 102 87 M&S '56J&J Cape & Vlne'd El 4s A '65—J&J 105 13 101 29^ 94 8* J&J 8 fine deb 4-5s D 1986—M&S Associated Gas & Elec Corp— w w 100 98 Bell Telep Co of Pennsylvania-— 1st & ref 5s 1948 ser B -J&J 1st & ref 5s 1960 ser O——A&O Bellows Falls Hydro-Elec Corp— m ,67 6224 1st mtge 5s ser A 1955 Canadian West Telep 534s 10434 M&S -,J&D M&N 1st mtge 5s 1958 101 Canadian Utilities Ltd— Brandenburg (Germany) El Pr— Extl 1st s f 6s 1953-..._.M&N 9334 8 fine deb 5-6s B 1986...M&S 8 f inc deb 4 34-5 34s O '86.M&N 8-year 8% 28 99 Beaver Valley Water 5s *60. M&N Bell Telephone of Canada— 1st g 5s 1955 ser A— 1st g 5s 1957 ser B 1st mtge 5s 1960 ser O M&S / 634s 1951 34 99 M&N A 1983.—F&A 1983— M&S O 1983—.M&S 1983 M&S 34s A 1986 F&A Oons ref deb 5s 1968 Cons ref deb 4 34s 1958 Oonv invest ctfs 5 34s 8 f inc deb 5 34s 8 fine deb 5s B 8 f inc deb 434s 101 90 J&J . 101 Canadian Rail & Harbor— 27 Beauharnois L H & P 534s 73 J&J Beauharnois Power Corp— Ooll trust s f 5s 1973 w W—A&O West End St 5s 1944 36 10134 Associated Gas & Elec Oo— Oonv deb 534s 1977 F&A Oonv deb 5s 1965 Oonv deb 5s 1950 18 32 1st M 5s 1959 ser B F&A Bear Mt Hud Riv Bdge Co—• 1st 7s 1953 A&O 8 f income 8s 1953—-----A&O 34 55 89 _ — 10324 Term Deb g 434s Nov 1,1941.-M&N Deb g 5s Dec 1942 J&D ' 1958..A&O 1953 15 Bangor Hydro Electric— 1st mtge 324s 1966-------J&J Barstow (W 8) deb 6s 1942—A&O Baton Rouge Electric Co— 1st mtge 534s 1954 J&D 87 8134 9034 ' Arkansas P & L 1st 5s 1956-A&0 Ark West Gas 1st 5s w w '39 J&J Assoc Elect 4J4s 5s Jan 1 1961. 101 106 Bloomington Dec & Champagne . 5s 95 93 10434 --J&® A&O / 1st 5s 1941 1st mtge 5s 1957 ser O Blackstone Val G & E 5s _ lstsfTs 1953. _ A M&S Augusta Ry & El 1st 5s 1940 J&D Aurora Elgin & Chicago Elec Ry 1st 73 Water J&J 1st 5s 1938 76" 74 10534 9724 Deb 634s 1935 91 103"" Binghamton_ (N Y) Gas Works 45 / Amer Util Service 6s 1964 Amer Water Works & Electric-— Ashtabula Oity Gas 5s 1960 1st lien & ref 5s 1957 Atlantic Oity Sewerage— 1st s f 6s ser A 1956 Atlantic Oo Wat 5s '58 ser Bergen Turnpike 5s 1951 Telep & Teleg— Ark & Mo Pow 1st 6s 1953 J&J J&J . 7724 1024 ,07* 7624 / Amer G & E deb 5s M&S Ask 9924 Oalif Water Serv 4s b 1961.M&n Oalif Water & Telephone— 1st mtge 5s 1965 9924 M&S 104 Oalumet G & E 524s b 1960-J&J Oalumet & South Chicago Ry— 1st (35% prin paid) 1927 F&A / 64 Oamden & Sub Ry—See P 8 Oorp 103 Canada Nor Pow coll 5s *53.M&N 101 Canadian L & P 5s '49 op *14 J&J _ 89 87 92 193$ Amer & Foreign Power \tlantic Bid Bonds Ask 101 9624 _e 75 10524 A&C Elec Ry— 1 1954 J&* Alton Water 5s 1956 Altoona & Logan Val Bid Bonds Atlantic Oity El 5s 1938 Gen mtge 334s 1964 Baltimore Transit Oo— . Deb 4s series A 1975——'Z'M Deb 5s series A 1975 J&J Deb 5s series B 1975----—J&J 40 f Alliance Power 1st 6s 1952—M&S / 43 Allegheny Gas Oorp 6 34s ctfs 1st coll 4s Jan Amarillo Gas 6s Ask Bid Bonds and income and defaulted bonds month preceding the date of issue Ry. 11324 115 Cin Newport & Cov L & Tlst ref 6s 1947 series A.. 105 115 117' Cincinnati Street Ry— 9634 95 • 10124 10524 9724 9224 9924 k Last sale, 93 n Nominal. 95 97 9524 100 July, 1937] PUBLIC NOTIPF bond All nrices are Quotations for all securities Bonds Bid i? 68 67 66 H 67 H 66 H LIne Co— 1st M 6s 1943...: ...J&J Cities Service Power & Light— neK 5As 1949 Deb W/8 l$kh (Waahington. Pa) CJfy & City & Short Route Bdge 6 34s '52. J&D Cleveland Elec Ilium— mSS1 «£?*?£ 3%a July Cieve Southw Ry & mP?n &,£on 58 \f Dob r « 5a 1952 80 °°iW^ ?ela & Marion Elec Co i2 5 reJ I8 /uIy 1937 j&J ref/^8J®t,mPd) Columbus (Ga) Elec & 1937.J&J ' mm**- 108 H 3 105 54 107 57 102 98 106 108 98 K 101 91 A&O 15 / 97 7 x 100 100 10 fMnmH Power— 106 34 104 }®t & ref 6s 1947 ser A... J&D 1954 ser B—M&N Columbus Ry Pow & Light— 105 1st M 5s 1953 1st M col 5s 1954 ser Community 104 H 46 29 f / 51 31 - 5s"l96dlj&J y Teleph 5s Jan 1 194' ser 11M 16 91 95 95M Deb g 5Hb 1946 ser Conestoga TYac 1st 4s 72 100 33 98 / Co— A_._..J&D n B...M&S 1950.-J&J 30 74 70 76 72 52 54 Coney Isl & Bklyn cons 4s '48 J&J Connecticut Light & Power— 45 }S £ SZiJf? '51 ser A-.M&N }®t& ^M3ksser F '66.M&8 1st & ref M 124 : 3j£s 8er G '66. J&D 3^8 fionn Hff Conn Ltg & Pow 5s 1956—M&S *39 J&J 1st & coll trust 5s 1956 J&J By & Lt 4Ha 1951...J&J >gua£a„n te 6 d Conn Riv Pow 3 Ms ser optional A'61 F&A CouueUsv Wat 5s Oct 2 '39.A&0 Consolidated Cities L P & Tr— }ien 5s 1962 Consol stamped.-J&J Edison Co of N Y Debenture 3 Ms 1946 A&O Debenture 3Ks 1956 A&O Consol Elec & Gas 6s 1962 .M&N 6s series B 1962 F&A 6% secured notes 1937—F&A Consol Gas of Bait 5s 1939..J&J Gen g 4As Apr 1954 A&O Consol Gas Elec Lt & P (Bait)— Ref mtge s f 3Ms 1971 J&D Cons Gas (NY) deb 4Ha '51-"j&D Consol Gas Utilities Co— 1st & coll 6s 1943 ser A.J&D 6s stamped 1943 J&D V^8 *943 A W W J&D f 6% .n°te8. 1940 A&O Consol Hydro-Elec Wks of Upper fw,U^tt.T?1^urgo l8i 78 '56.J&J / Cons Tr (N J)—See Pub Ser Corp Consolidated Water of Utica «ornV ^ i2 M&N 1st M 5s 1958 CoufumLH& P Co 5s 1938 M&N (Eliz, N J)— J&D Consumers Nat Gas 6s '44.M&N Consumers Power Co— 1st mtge 3 Ha 1965 M&N 1st mtge 3Hb 1965—M&N 1st mtge 3 Xa 1970 M&N 1st mtgeJMs 1966 M&N Oonsum's Water 1st 6s A *46 M&N 125 103 H 104 H 100 „ 102 H 100 H 1st mtge 58 1966-j&j General 5s 1966 A&O Dallas Gas 1st 6s mi.—— A&O DaUas Pow & Lt 6s 1949 1st g7Ha 1949 ser B 100 Ask 103 H 130 ^ 1st & ref 132 M&S 92 93 A 1952..J&D 106 108 Empire Gas & Elec and Empire Coke jt 1st &ref 5s'41 opt-M&S 102 102 H m 5s 1952 Empire Gas & Electric Co— ser 73 72 H 110 Equit G & E Utica 5s 1942.A&O 104 J&J J&J 1st g 5s 1952 ser O—-—-J&J 1st gold 5Ha 1954 ser D..J&J 1st mtge 3 As 1967—-——F&A t:::: a 102 102 H Erie Co Electric 6s 1959 J&J Erie Rys—1st 6s 1954 A&0|J Erie Ltg 1st m 5s 1967 A&O Erie & Suburban Ry 5s Fall River Elec Lt 5s 1945.-J&J Federal Light & Traction— 1st 5s (Amor series) 1942.M&S 1st 5s (Internat ser) 1942—M&S __ 74 105 46 107 Stamped M&S 1st lien g 6s 1942 stpd—M&S Darby Med & Ches Ry—See I'hila R Tr 105^ Davenport Water 5s 1961 ---J&J 106 Dawson Ry & Coal 6s 1951—J&J Dayton Power & Light— 103 1st & ref M3Ha 1960 A&O Delaware Elec Power Co— 102 M Deb 5 Ha 1959 —j&J Delaware Power & Light Co— 1st M 4Ha 1971 105M j&j 102 M 1st mtge g 4Ha 1969 J&J 1st mtge g 4 As 1969——-/&J Delaware Vail Util 6s 1952-M&N Denv Gas & El 1st g 5s '49--M&N 1st & ref 5s 1951 M&N Stamped as to Pa tax Denver Tramway Corp— Gen & ref 5s 1950 ser A...J&J 1st cons mtge 6s 1943 A&O 129 104 Passenger Ry 5s 1942 Federal Water Service Corp— 103 104 105M 64 66;^ 108M 107 M 107 88 H 100 90 102 30" • f 39 Certificates of deposit. Convs f deb QHa 1948---M&N 1 3H f 3H Certificates of deposit 78 H 1st 5s, 1966 M&N Detroit City Gas Co—' 106 % 1st mtge 6s 1947 series A.-J&J 1st mtge 5s 1950series B..A&0 103 M Detroit Edison— Gen & ref 4 Ha 1961 ser D-F&A 114H 106 % Gen & ref 5s ser E 1952..A&O Gen & ref M 4s ser F 1965. A&O 108M "I'm 4M 79 H 106 H 104 115M 107 109 Gen & ref M 3 Ha 102M ser G '66M&S International Bridge— s f QHa 1952 F&A 1 ":6H i 6M Certificates of depbsit S f deb g 7s 1952 2H F&A / Certificates of deposit f 2H Det & Pt Huron Shore Line— 1st gold 5s 1950 X J&J f Dixie Gulf Gas Co— 1st 5Ha 1937 A with war-M&S 100 K Dom Elec Pow 5Hs 1955—M&S 96 Dominion Gas & Elec— 92 6Hs 1945 with warra^ Dortmund Munic Util (Germany) 20-yrsf 6Hs 1948 -A&O / 23 H 103 H : 1st mtge Duluth-Superior w s . M&S Dumbarton B'ge 6Hs to *49-J&J Duquesne Gas Corp— 1st 7H 7H 3H : 2M 6s Mar 15,1945 M&S15 Duquesne Light—See Phila Co Duquesne Nat Gas 7a 1948 conv 35 — . QK 85 H 103 122 123 75 92 105 1-06 102 M 103" 100>S 75 I 76 H 104 H 104 M 103 H 102 H 54 57 57 64 59 66 107 H 107 H 121 1.75 2.25 2.40 2.60 118M 100 M 100 H 107 106M 77 M 77 H 79" 16 21 95 25 21 94 97 95 98 103 86" 104M 100 H 106^ 101H 100 99 75 101 100 H 23 1.65% 2.00% 96 97 110 92*? Gas Co of New Mex 6 > Gas & El of Bergen Co 117" 117M 100 M 101M 101M Public Service Corp— deb 5s 1953 J deb 5 Ms 1939 J Public Utilities— 101M 102 H 101 Gatineau Pow 1st 5s 1956. General Conv Conv General 41H 40 H 103 H 102 M 98 101 102 ui 84 M 112 92M 102 86 . 103 M 92 H 91M .... Georgia Power & Light Co— mtge 5s 1978 75 68M J<5 Georgia Ry & Elec— 103 Atlanta Cons St 5s 1939. _J Atlanta Northern Ry Co—•_ .... 103 104 88 r/ 24 26" 94 97M f Great Lakes Power Ltd— 1st sf 4 Ha 1956 Great Lakes Utilities Co— 1st lien coll tr 5Ha 1942-. 101 25 89 H 94 93 94 64 r — Northern Power— 1st 58 stamped 1950. Green Bay & Miss Canal— 67 L 106 M j 102 102 M 103 104 99 H 99 H 85 101M 101 .... Greenwich Wat & Gas System— Col tr 5s 1952 series A ) 105 81 Col tr 5s 1952 series B Gulf Coast Water 1st 5s *48. Gulf Powor 1st 5s 1968 Gulf Public Service Co— 1st mtge 6s 1945 90 Gulf States Utilities Co— 98 101 S3H : Great i 100M 101H 84 H M&N Eastern Mass Street Ry Co— ; Ref m 4Kb 1948 A J&J Ref m 5s 1948 B J&J Ref 6s Jan 1948 ser C—M&S 15 1.25% 1.60% 67 102 , & coll tr 4s A 1956.M&S Eastern Iowa Pow 5Ha 1943-M&S Eastern Lt & Pow s f 5s 1964 94 99 / f S Gary Rys Co 63He Gary Street Ry Is V 62 m Ref 6s series D 1948 Ref 6s series E 1948 Eastern Michigan Rys— 102 82 — . J&D y Eastern Gas & Fuel Assoc— 1st 77 100 i Jxx } 99 '42 J&J 1st mtge 6s 1942 J&J 1st m 5s 1960 ser D F&A East St Louis (111) Lt & Pow— 1st 5s 1940 95 88 H Great Cons Elec Pow (Japan)— ' J&D 86M 94 87 M trust 53^s to 1938 trust 4Hs to 1941--F&A trust 4Ms to 1943--M&S trust 4s to 1946 M&S —, 5Ha ctfs 1937 A—F&A f. 75 7% 1932 ctfs of dep J&J /}99 East Jersey St Ry 5s 1944..M&N 194^ E. Kootenay Pow 1st 7s '42-A&0 R9^ East Prussia Pow 6s 1953 E St L & Interurb Wat 5s 76 82 H — 80 71H 75 29 Duquesne Trac—See Phila Co Durham Pub Ser 7s A *49- -A&O Durham Trac 1st 5s 1941—_M&S East Coast Pub Serv 4s 1948—East Coast Utilities— 38 70 H 101H 54 104 * 102M 57 25 Galveston-Houston Elec Ry— 1st M s f g 5s 1954 opt A&O / Gandy Bridge (Tampa) 1st mtge s f 5 Ha 1957—-J Gary Elec & Gas Co— 1st lien coll 5s x-w 1944—J&J ., / 7 103 Florida Telep 1st 6s 1945-_A&0 Fontana Un Wat 6s 1935—J&J Fruit Growers' Express— 1st Transit— 102 Sinking fund debs 5s 1946-J&D Florida Pow & Lt 1st 5s '54.-J&J Florida Public Service Co— 1st 4s series C 1955 J&J Equip Equip Equip Equip rnrnmm 28 106 H Conv deb 5^s 1954 M&N Federated Utilities Inc— 1st lien col tr 5 Ha 1957 M&S Florida Power Corp— 1st mtge 4s series C 1966.. J&D 107 26" 24 105 24. Debenture 6s 1954 ser B_. J&D Fed'l Pow & Lt 68 Nov 1,1965— Federal St & Pleasant Valley Dee Moines Gas Co— 105 1st mtge 58 1956—-—M&S Des Moines Ry 1st »nc 5s Jan 1 '55 / 29 Detroit & Canada Tunnel—_ 1st mtge 8 f 6s 1953 M&N / 39 95 97 ) { > 92 ) 100 102 H ) ) — 101 10334 94 101X 103 H J J&J 3! Adjt 6s due July 1958 A&O Eastern Minn Pow 5Ha 1951 M&S Eastern Oregon Lt & 54 110 J E f 5 94 / 25M 0/55 98 96 99 98 .... 81 Harrisburg Gas 5s 1970—M&3 <T 26 H 56 H Hanover Harz Water Works— See Foreign Bonds 77 106 Edison Elec Ilium of Boston— i 3 Ha 1st M 8 f July 1, '65.J&ji EdE. IlUBkn)See Kings Co EL&P Edison El 111 (N Y)—See N Y G Edison Sault Elec 4Hs, 1961 A&O Electric Co of N J 1st 5s 1947 M&S Electric Ferries 1st 7s *41. .A&O Elec & Peoples. See Phila R T Electric Pow Corp (Germany)— 1st s f 6Ha 1950 M&S 31 j 99 5s series B 1953 J&J Eastern Shore Pub Service Co— 1st m 5 Ha 1947 ser A M&S 1st M & 1st lien 5s 1955 B M&S Easton Cons El 5s 1949 M&N 1st sink fund §Ha 1953.-A&O Electric P & L Deb 5s 2030.F&A Eliz Plainf & Cent J1 5s secured notes 1938 Amburg (Germany) 104 H 109 108 M Extl g s f deb 7s 193^ Power— 5Hs series A 1951-. M&S Economy Lt & Pr (IlllTSs ,56-J&D 3 56 105M 103 M J 41 106 5 1st mtge colltr 7s 1958 Al 107 M f S / 103 103 H S 30 M 3 102 5| •• 99M Hest Man & Fair Pass Ry—S< Home Tel & Tel (Ft Wayne)lst 6s series A 1943 102H 100 philRl J 0 102" D Houston Gas Securs 5s 1952. Houston Gulf Gas— S 23 25 0 23 25 0 S2H 105 h 104^ 90 H 94^ ■; 93" 9534 83 H 103 h 101 104 102 See ' 80" ■ :l 97" 64 H Eliz & Raritan RivVPublic Serv Eliz & Trenton RR J Corp Elmfca Water. Light & RR— B®&con g 5s 1956-.. M&S m Paso El Co— „ 1st m 58 1950 ser A.. 102 t Called July 1 at 106. it. a Ercole Marelli El Mfg Co (Italy) 1st s f 6 Ha 1953 with war M&N 100 H . 103 H 104 H ^ D£b series A 1970.—A&O * Oontin Gas & El deb 5s 1958 F&A 79 % Continental Pub Serv 6s *40. J&D 67 Continental Tel 5s *53 JP&A 96,/ Cooper RivBrl'ge Inc 1st 6s'58M&N / 62 M Copenhagen Telephone Co— Extlsif 5s Feb 15.1954.F&A 15 101 Copper Dlst Pow 4 Ha 1956.. J&D 92 Council Bluffs Gas 5s 1948.-M&N 90 H * Called July 1 at 10 price includes accrued int 96 M 70 1st coll Connecticut Power— 1st 95 H 60 _ 1st mtge 4Ha ser A 1951—J&D Conv deb 4Mb 1946 J&D Empire District Elec Co— j Gen & ref 6s p66-——-A&O 1st 5s 1953 e 71 Community Water Service r. — 94 M 5*aM&N1 1957 Pub Ser Deb g 6s 1946 105 M 1U3 H 112M & Power— i Ref & unif 7a 1962 / J&j / SISAS5SgRS5SsrA 1M&S 100 J.9^-, Cumberland Co (Me) Pow & Lt 1st mtge 3Ha Cumberland Gas 6s w-s 1948M&N f Cumberland Valley Telephone— _ 105 Coutuionwealth Lt pftSS 111M 110M 110M 1965...A&O Col M 5s 112 111 EL6s June 1 '43-M&S n££s£5J£ £eL£a) 93 102 „ Detroit }g 5J °°\ 4^8 1966 ser O.A&O 12 5J Sol-,itta l037 ser D.J&J xl t8«i 81 B(£ p M&s - 112M 111 J&J B...J&D Commonwealth Gas Corp— Non-cum inc deb 6s (w s) 1948 Non-cum inc deb 6s (x s) 1948 105 H 111 H rJ8t ™tge &,co!|Itr 4s 1965.M&N EdIson Co— 48 — — 96 x 90 H 4m — 46 91 1951 —-J&J Danville Tr & Pow 1st 5s *41.J&J 100 M M&S fJP6b«9 Jan 15. 1961 J&J 15 ft la iv?^gvIew Bridge 6 Ha stamped 1953 A&O 9°~: Danbury & Beth Gas 6s 1948 F&A 108 Light— 1964 M&S ■m Crescent Public Service Coll inc 6s B Oct 1 .1954—J&D f Cuban Telepconv 5s 1st lien & ref 7H& Bid Bonds El Paso Nat Gas— _ Dallas Ry & Ter 1st 6s 1951.J&J 28 Colonial Util 534s June 1,1958... Co orado Cent Pow 5Ha '46. J&D Colorado Power 1st 5s *53__M&N Columbia Gas & Elec Corp— Deb g 5s 1952 M&N . 106 104 105 OUnton (La> W W 1st 5s 1939F&A Coast Cos Gas & Elec— >■ County Gas of DaUas 6s 46 A&O County Gas (N J) 5s Jan 1 ,1952. 103 101 1. '65.J&J ? '48 series B 1965 Ask 82 101 }®t M 5s 1954 i 35 H Ry—See Wash Ry&El j&D 1st M 5s 1957 series O...M&N o 102 34 75 (O'hatianooga)—^ 75 . 74 (8edalla, Clarksbury-Columbus Bid 104 103 City of New Castle Water— M'v 64 M 64 M u City Water Bonds 102 68 1952 J&D Sub PS—See Un Rys of St L Sub o 101 77 V.V.V_V."_V. J& J fleSj8t '61-J&J & Traction Off? 67 H 100 H f l?t 6s series A 1953......J&J City Light 67 H 63 H 63 M J&D Citizens Independent Telephone 1st mtge sf4Ms ser A '61—J&J 5sl951 6Hs A 1951 100 67 H 67 100 M&N Citizens Utilities 3% notes 1955 Citizens Water (Scottdale)— 70 99 % > UTILITY BONDS interest" except where marked "f" and income and defaulted bonds possible for the closing day of the month preceding the date of Issue Ask / Cities Sery deb 5s Jan '66—M&8 Deb g 5s Apr 1958 A&O Deb g 5s 1963 M&N Deb 5s 1969 M&S Oonvdeb 5s 1950 J&D Cities Service Gas Co— 1st M pipe line 6Hs 1942.M&N "and are as near as k Last sale, n Nominal, J&J t Called July 1 at 103. x Called July 1 at 100. o V 107 109 102 Called July 1 at 102. Called July 1 at 105. 6 Basis, e Called Aug. 1 at 101. f This PUBLIC UTILITY BONDS 76 NOTICE—All bond prices are "and interest*' except where marked **f" Quotations for all securities are as near as possible for the closing day of the Ask Bid Bonds Houston Light & Power .J&D 1st mtge 3 Ms 1966— Houston Natural Gas Corp— 1st m coll 6s *43 with warr_J&D Hudson Co Gas 6s g 1949--MAN Hunt'g'n Wat 1st M 6s '54A M&S M&S -A&O 1st M 5s 1964 ser B 1st 5s ser O 1962 Hydro El Bond & Sh 5s 1957M&N Hydro El Corp (Va) 5s 1958. J&D Hydro El Pow Comm 3Ms'43J&J 4Mb due Jan 1, 1970 J&J 4Ms 1938 F&A Idaho Power 1st 5s 1947—_.J&J Illinois Bell Tel 3Ms B '70—A&O Illinois Commercial Telep— 1st 5s series A 1948 100 H 101 103 105 120 M 103 M 120 M 101M 25-yr s f 5Ms 1953 ser A.-M&S Superpower Corp— _ Deb 6s 63 (without warr)-J&J Jacksonv (Fla) Gas— 5s stamped 1942 - - - - — - - Income deb 6s ser A 1952 M&N James River Bridge Con)— 105 118M 103 M 108M 105 107 M _ 99 M 99 66 100 99M M&S Jer City Hod & 101 Johnstown Traction 4s Dec 31 oZ Cons mtge 3s B Dec31 1962--_ Qo— 101M 1st mtge 5s 1952 series A—J&J Indiana Assoc Telegraph— 104 1st mtge 4 Ms ser B 1965—A&O Indiana Central Telep Co—__ / 79 1st lien coll 5 Ms 1938 M&N Indiana Electric Corp— 92 1st M 6s 1947 series A M&N 98 1st M 6Ms 1953 series B—F&A 82 1st M 5s 1951 series C M&S 82 Indiana Gas Utilities 5s 1946.J&J Indiana General Service— 107M 1st M 5s 1948J&J Indiana Hydro-Elec Power 86 1st mtge 5s 1958 S3r A M&N 110 Indiana & Mich El 5s 1957—F&A 106M 1st & ref 5s 1955 M&S 117 Indiana Pr 1st 7 Ha '41 A _M&N 98 M Indiana Ry & Lt 1st 5s *43 J&J Indiana Service Corp— 62 M 1st & ref M 5s Jan 1, 1950-J&J 62 1st 1& ref 5s 1963 F&A Indiana & S W Gas & Util 97 93 91M 102 M Kansas Elec Power— 104M 1st mtge 3 Ms ser A 1966-J&D Kansas Gas & Electric—. _ 19M 17 M Buff & Lock 1st g 5s 1938--J&J Internat Ry ref 5s '62 op_M&N International Telep & Teleg— Deb g 4 Ms 1952 J&J J&J F&A Int-State Bridge 4-6 Ms '50 M&N f Interstate Gas & El 6s 1951—J&D Interstate Power 1st 5s '57 J&J J&J 5 73 M 99 M 98 M 100M 60 70 63 91 99 55 65 90 72 53 53 M 33 Interstate P S (Ark) 6s 1940 M&S Interstate Pub Serv Co— 1st & ref 6 Ms 1949 ser B—J&J 1st & ref 5s 1956 ser D J&D 89 F—M&S 71 1st & ref 4Ms '58 ser Interstate Rys 4s 1943 Interstate Telep Co— _ „ 75M 98 A&O 1st M 5s 1961 Investors Telephone 3s 1961 Iowa Electric Co— 1st 4s ser A 1961 Iowa El Lt & Pr 7s 97 F&A / Interstate Tel & Tel 5 Ms 1953J&J Interstate Wat 6s ser A 1940-F&A ser 95 M 102 M 50 J&J 85 O '42-F&A 115 101 1st mtge 4s ser E 1955 J&D Iowa-Ill Telep 2-5Ms 1949—A&O / 45M lowa-Nebraska Lt & Power— 94 M 1st lien & ref 5s '57 ser A—M&N 1st 1 & ref 5s 1961 ser B...M&S 91M Iowa Pow & Lt 1st 4 Ms 1958 M&S 105 M 102 H ^wa Pub Serv 1st 5s 1957--J&D Deb 5s 1968 89 M M&S 1st mtge 5 Ms 1959 103 M M&S •>Nmture 6s 1960 98 M&N * Called July 1 at 104. 60 105 M 63 5 Basis. Kewanee(Ul)Pub Ser 6s A 49 J&J Key West Electric 5s 1956—F&A Keystone Pub Serv— M&N 1st M 5s 1978 100M 95 78 Keystone Telephone 1st & ref 5Ms 1955 Co— ser^A—J&D 1st 1 & ref 6s 1951 ser Kings Co E L & P 1st --A&O 5s 37-A&O Purch money 6s g 1997--A&O Edison El 111 Blkyn 4s *39.J&J P 21M KingsCoElev—See Bklyn-Queens Kings Co Gas & HI 1st 5s'40 A&O Kings Co Ltg 1st ref 5s 54--J&J Kokomo Water 1st 5s ser A Works— _ Lackawanna & Wyoming Val RR 1951-----F&A 6s 1948F&A 62 Laclede Gas Lt 5s 1939——A&O 1st M coll tr 5 Ms '53 ser O F&A 5M 1st col&ref 5Msl960 ser D F&A 6s coll notes ser A 1942—F&A 6s coll notes ser B 1942—F&A 74M 101M La Crosse Telep 5Ms 1948—J&J 100 M Lake Erie Pow & Lt 6s 1946- A&O 1st &ref 5Ms ser B 1949-.M&S 1st & ref 6s ser O 1952 -M&N 68 Lake Sh Elec 1st con g 6s '33 J&J 76 Gen gold 5s Feb 1, 1933—F&A 70 Lake Sh Gas 1st 5Ms 1950--M&N Lake Superior Dist Pow—93 1st mtge 3 Ms ser A 1966--A&O 108 Lancaster Co Ry & Lt 5s 1951 J&J 58 Lawrence (Mass) Gas & Elec— 38 40 3 1 105 1st 103 M 103 H 105 & El 6s '38 - - A&O Lockhart Power 4Ms 1955-.J&D Lombard Elec Co (Italy)— 1st WW Lone extl 7s 1952—-- — .—.J&D 102 Star Gas s f 5s 1942—M&N Long Beach Gas 1st 5s '56—J&D Long Island LightingSecured g 6s 1945——-—J&J 95 Conv deb g_5 Ms '52 ser A. A&O 94 105 M Long Island Water 5 Ms *55 M&N Lorain Telep 1st 5s 1958 J&D 103 98 F&A 108M 108 M 102 M 1st s f 5s ser 99 A 1955 100 100 92 Sg 93 M 113 102 88 s 2d 8 33 28 M 34 32 19 16M J&D gold 4s 2013 33 5 A&O f 7s ww 1941 Manhattan Ry con 4s g *90--A&O Cent Hanover Bk ctfs of dep. Corp— 53 M&S Manila Elec RR & Ltg VW 30 1st lien & colltr 5s Manila Gas Co— , 92 M - ■ . - 70 73 f 5 Ms *51 ser A—J&J / 1st M s f 5Ms 1952 ser B-.J&J / Mannheim & Palatinate Elec Cos 86M 85 M 89 f 22 M 24 M 97M 98 M 95 93 96 1st lien coll tr 5 Ms Manitoba Power 1st M 90 107 1937--A&O Co Ltd— s 15-year s J&D f 7s 1941 95 M 97 90 M 82 1st mtge 4 Ms 1952 Maritime Tel & Tel-— 89 Marion-Reserve Power— 88 80 80 82 80 81 99 93 M 104 101 94 M 105M 98 Ref & gen 5s ser A 1956—J&J Ref & gen 6-4 Ms ser B 1966 J&J Ref & gen 4s series O 1967-J&J 98 M 99 M 100M 100 M 101 101M 151M 156" 104 H 106 % 107 M 108 M 112M 90 114 93 95 98 109 H 105 20 M 22 2 93 M 57 M 56M 94 58 M 58 M 50 62 102 M 103 102 103 , 1 76 94 M 110 102 81 8 73 103 M 60 99 M 105 M 98 92 1st M 5 Ms 1950 ser A J&J Mass Utilities Associates— S f deb 5s 1949 ser A--—-A&O 103 M 96 M 100 87 / 30 10 101 102M 101 83 / 6s" 1943 J & J - Midland Util deb 6s 1938.-.M&S Milwaukee Elec Ry & Light—v 1st & ref 5s 1961 ser B...J&D 1st M 5s 1971 -J&J Milwaukee Gas Light Co— 1st M 4 Ms 1967. —M&S 107 104 M Minneapolis Gas Light Co— 1st mtge 4s 1950 J&D Minnesota Nor Pr jt 6s 1944 A&O 104 Minnesota Power 90 73 M 103 M 65 106 100 103 M 103 M Nominal. 79 M 106 H 102 M 103 M 13 12 39 41 J&J 5s 1950 iiH 55 102 M 92 Michigan Associated Telep Co—1st M 5s 1961 —------A&O Mich Fuel & Lt 6s A 1950—J&D Middle Wester n'Tel .... 29 106 M 102 Michigan Gas & Elec Co— 1st & ref 6s 1943 M&S 1st M 5s 1956 J&D Michigan Public Service Co— 1st g 5s 1947 ser A. —-—A&O Middle States Telep 6s A 47-J&J 104M Middlesex & Boston St Ry-1st and ref mtge 5 Ms 1942-J&J Middlesex Elec Lt Pow 5s '55 J&J 77 49 Middlesex Water 5Ms 1957-A&0 84 Middlesex & Somerset Trac— 101 98 M 24 78 A&O Metropolitan Edison Co-— 1st M 4 Ms 1968 ser D—M&S 1st M 4s 1971 ser E—M&N 1st mtge 4s ser G 1965---M&N Metrop Edison Corp 6s 61-M&S Metro Wat Sewer—See Fgn bds Metropolitan West Side "L"— 1st gold 4s 1938-F&A Exten gold 4s 1938-—-J&J Mexican El L 1st M g 5s 42-J&J Mex Lt & Pow 1st 5s r40 s f--F&A Mexican Utilities 7s 1939---A&O Miami Bridge Income deb 6s 1952 94 45 1945—------ — 3-5s series B 1945 Meridionals Electric Co— 1st s f 7s 1957 ser A 100M 104M Massilloi) El & Gas 1st 5s 56- J&J Maysville P Serv 5 Ms A 1942A&O McGavock & Mt Vernon Horse RR 1st 6s 1937 J&J Memphis Power & Light Co—1st & ref 5s 1948 ser A J&J 1st & ref 4Ms 1978 ser O—A&O Memphis Street Ry— 50 50 102 M 55 55 103 55 96 89 89 97 M 90 91 102 92 123 104 80 77 50 100 52 100M 100 99 102M 98 & Light Co— 99 H 103 M 99 1st & ref 5s 1955--. 1st & ref 4Ms 1978— -J&D M&N 101M 92M 102 95 Mississippi Power Co— 1st & ref 5s 1955 .M&S 78M 79 Mississippi Power & 1st M as 1957 n io5" f 7s 1940 ser A Jan 3-5s series A 104 111M 94 M 102 102 * Market St El Pass Ry—See P R T Market St Ry (San Francisco)— 1st 97 2 A&O 77" Maryland Light & Power— *74 91 k Last sale, 105M Hydro-Elec— 100M 13 104 104M 99 M / Price Includes accrued interest, 77M 104 90 A&O Luneburg Pow L & W W (Germ'y) 1st M s f 7s 1948 M&N / 23 Luzerne Co (Pa) Gas & Elec— 107 1st ref&imp g 5s'48 op'13 A&O 106 M 1st & ref 6s 1954 M&S 115M Debenture 7s 1944 J&J 48 MacLaren-Que Pow 5 Ms Febl'61 5 Mb series B 1964 M&S 95 Macon Gas 1st mtge 4Ms *52-J&D 105" Macon Ry & Light 1st 5s '53-J&J 15 116 Madison Rys 1st g 5s 1936--M&N / 102 103 Malone (N YJ L & P 5Ms'56_J&J 30 101M Manchester Terminal 6 Ms 1941 _ Little Rock Ry 101 97 1966.M&S 1944 f g 6 Ms 100 Lower St Lawrence Power— 104M 1st M 4Ms 1940 ser B F&A 104 M Lehigh Power Securities— 90 M Deb g 6s 2026 ser A F&A 104 M 72 M Lehigh Valley Transit— 75 1st extend 4s 1945. — J&D 47 60" Ref & impt g 5s 1960 J&D 81 54 1st extend 5s 1945————J&D 35 Leipzig Overland Pow 6Ms '46--- / 27 98 Lewiston Gas Lt 3 Ma C 56-A&O 91 Lex (Ky) Ry—See Ky Tr & Term 98 Lexington (Ky) Tel— 100 1st M 6s w w 1944 M&S 76M 101 73 M Lexington Util 1st 5s 1952—F&A 99 Lexington Wat ref 5 Ms 1940 .F&A 81 LexingtonWat PowColst5s'68J&J 85 100 Conv deb 5 Ms 1953 ——J&J 105 Lincoln Gas & Elec 5s 1941—J&D 103 M Lincoln Pub Serv 5s 1939-—J&J 52 s 104 99 M 115 F&A 1st mtge 4Ms ser A Lower Austrian Debentures 66 103 H -M&S 2d 4Mb 1940 General 5s 1950 Lowell Gas Light— 95 70 Louisv Ltg 6s '53 unstmpd—A&O Louisv Ry cons ext 5Ms 1940J&J 6M ^ 1958—-——-J&D 1st 5s 64" 61 - Deb gold 6s 1952 68 61M 20 M / „ _ 8* 59 M 61 — _ 107 M 54 M Deb 6s 1957 M&S Debentures 6s 1955 J&J International Power Sec Corp— 6M% sec bonds 1955ser O J&D Sec 7s 1957 ser E F&A Sec 7s 1952 ser F J&J15 International Railway (Buffalo) Buff Trac 1st 5s 1948 J&D Conv deb 4M» 1939 Deb 5s 1955 Kentucky-Ohio Gas 2s.- — --1958 Kentucky Power & Light Co—1st 5 Ms series A 1948 M&S 1st m 5 Ms 1948 ser B—_M&S Kentucky Traction & Terminal— 1st & ref gu 5s '51 opt *14 F&A Lexington Ry 1st 5s 1949-J&D Kentucky Utilities Co— 1st M 6 Ms Sept '48 ser D M&S 1st M 5Ms 1955 ser F—A&O 1st M 5s 1961 series G F&A 5s series H 1961 F&A 1st M 5s 1969 ser I F&A 1st 7s series J 1957 F&A 1st 6s series K 1957 -M&S Keokuk Elec 6s 1945-—--M&N 87 1st mtge 5s 1957 -J&D Louisville Gas & Elec Co (Ky)— 1st & ref M 3Ms 1966 M&S Gen Co—• 107 M 57 A&O Certificates of deposit Conv g 7% note 1932 M&S Certificates of deposit Inter continents Power Co— Debs A 6s 1948 J&D International Hydro-Elec System Conv deb 6s 1944 w w A&O Internat'l Pow Ltd 6Ms 1957M&S 1947—M&S 1st ref 6Ms 1954—--—J&J 95" Kingsh'way Bdge 6 Ms 62 . - A&O Knoxville Trac 1st 5s 1938—A&O 93 Certificates of deposit 1st 5s 1st mtge 4Ms 1965.—-—M&N Kentucky El Pr lstsf 6sl960J&J Kentucky Fuel Gas Corp— 1st 6Ms 1942 with warr—J&D 96 5 Deb s f 7s 1935 Inland Telep 1st 6s 1948 A&O Inter borough Rapid Transit— 1st & ref g 5s '66 op tax-ex. J&J Pow Kansas Power & Light 100 85 85 24 20 M A&O J&D , Deb gold 6s 2022 ser A—M&S 1st mtge 4Ms 1980---—J&D Kansas 94 92 M Indianapolis Columbus & South ern Traction 1st 6s 1948—F&A Indianapolis Gas 5s 1952 A&O / 58 Indianapolis Power & Light— 104 M 1st M 5s 1957 ser A J&J 60 Indianapolis Ry 5s, 1967 J&J Indianapolis Water— 99 M 1st mtge 3 Ha 1966 J&J Indianapolis W W Sec Co— 93 Secured 5s 1958 J&J 77 Inland Gas 6 Ms 1938 F&A Certificates of deposit 18" Sinking fund deb 7s 1938.F&A 20 M Inland Pow & L s f 6s '36 A.M&S 2° M Oolltr s f 6s 1941 ser B—M&N 6% notes 1932 82 20 6% conv notes 1940 J&D Indiana Telep 5s A (ws) I960.J&J Pat—See P S Corp Joplin W W 1st 5s 1957 M&S Kansas City Gas 1st 5s '46--F&A 1st 6s series A 1942 --F&A Kan City Pub Serv 3s 1951--J&J _ O . —-J&D 107M 100 % 95 M 92 90 M 58 52 M 48M £>M F&A 106 M - ser 56 5s 1954 J&D Jersey Central Pow & Lt Corp— 1st & ref 5s 1947 ser B 1st M 4Ms 1961 ser O. Los Ang Trac 1st cons 5s '38-J&D Louisiana Pow & Light Co— 51 Jamest'n (NY)Telep 70 69 M 85 90 ---J&£ ' Deb gs 7s 1943 __ 83 90 66 1958—-J&J J 1st sink fund 6Ms 98 M 100M Italian 101 107 119 104 M 109 M 98 Ask Los Ang Pac Co—See Pac El Ry Los Ang & Pac RR-See Pac El Ry 88 Island Gas & Electric— 104 M Illinois Northern Utilities Co— 1st & ref 5s 19 5 < opt A& O Illinois Power & Light Corp— 1st & ref 6s 1953 series A- A&O 1st & ref 5Ms 1954 ser B—J&D 1st & ref 5s 1966ser O J&D Coll tr 6s 1957 97 M --J&J Bid Bonds Ask _ M&S 1st mtge 5s 1960 ser B—M&S HI Community Tel 6s -1949--J&J 8 f deb 5Ms 1957 Illinois Water Service Bid Bonds Iowa Southern Utilities— 1st & ref 5 Ms 1950 1st & ref 5 Ms July 1 '50-M&N Deb 6s 1950 ser A M&N Isarco Hydro-Elec Co (Italy)-1st M 8 f 7s 1952 M&N and income and defaulted bonds month preceding the date of Issue Light— J&D Mississippi River Pow 5s *51 -J&J Deb 5s May 1, 1947 M&N Miss Val Pub Ser 1st 5s '54-J&D 85 108 102 M 105M 86 109 l56M JULY, 1937] PUBLIC UTILITY BONDS 77 y NOTICE—All bond prices are "and interest" except where marked "V* 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 Missouri Edison 1st 5%s ' Missouri Gas & Elec 6s A Missouri Power & Light— 1st mtge 3%s 1966.J& Missouri Public Service CoFirst mtge 5s 1947 ser A—F& 1st sf 5s 1960 . 63"" 61 / / 63" / N 66% 82 80 F& Missouri Riv Sioux City Bdge— 88 92 90 OHIIVmft 1UUU ID A fJiJl 92 45 . 47 60 /' 40 / 30 11 80 58 95% Monongahela Light & Pow Co— .1st M 5s 1949 115 J&I Monongahela Valley Water— 1st M 5%s 1950 series A-J&. Monongahela West Penn Pub Sei 1st & gen mtge 4Kb 1960.A&C Debenture 6s 1965 A&C 99% Ext 1st 5%s-6%s 1944. 50% 100% 99% 100 .Z-- 80 86% 82% 75% 76 104 73"" 70w 16% J&J 19% 90 / 93 91 94 105% 70 •' 73" ■ Mutual Un Tel—See West Narrangansett Elec Co— 101% 100 / 82" 77 106% 91 103% 104% 3% 92% / / 4 93% 100% Nat Public Service Corp— Debenture gold 5s 1978—F&j 105 97 84% 75% 86 77 6s July 1941 New Amsterdam Gas—See N Y GELH&P Newark Gas 6s Apr 1 1944. _Q-o Newark Cons Gas con 5s '48.J&D New Brunswick (NJ) Lt H & Pow 4s Dap 15 107% 114 83% 99 118„ IIII 119% 104 1QQQ 101% Newcastle (City of)"w"5s",Yl"j&D New England G & E Association Deb g5s 1947 Conv deb 5s 1948 Conv deb 5s 1950 66% 65% M&S J&D 90% 93% Newfoundland Light & 5%s 1971 1st s f 4 Xs 1956 New Haven Water— 1st & ref 4 Xb B 1970 1st & ref 4%s O 1981 4Kb 1983 99% 125% 118% 125% 119% 104 105% 100 J&D M&N 101 Power— ...J&J J&J 112% A&O 113 N J & Hud Riv Ry & Ferry— 1st gold 4s 1950 M&S 62 N J Pow & Lt 1st 4%s *60—A&O New Jersey Water Co— 1st mtge 5s 1950 F&A New Mex Gas conv 5s 1951 M&N New Mexico Power— 65 105% 101% 106% 98" 97 /■/_, .. 91 1st mtge 5s 1958.. ...J&J New Orleans City & Lake— 1st s f 5s 1943 ...J&J New Orleans City RR 5s 1943 105 96 95% 88% 87 ^ 72 : 74 - 105 J&J 105% 105% 1st & ref 5s 1944 106 103% Newp News & Old Pt Ry & El 1st g 5s Nov 1938 M&N • ser 95 96 96% 97% Called July 1 at 110. b Basis. 1st mtge 3%s 1966 Debentures 4s 1946 Oklahoma Natural Gas— 6% £ H H H H H o o(O^HN 92% 103 106% 106% 86 88 65 67 1st M 5s 1957 ser A 105 40 70 78" 72 74% 72 75 92% 91 7 93 10 : 96 53 Valley Power Co— 1st M s f 5%s 1970 A&O Otter Tail Power Co (Minn)— 1st mtge 481961 J&J Ozark Power & Water Co— 1st s f 5s 1952 M&S Pacific Coast Power 5s 1940-M&S Pacific Elec Ry g 5s 1942 98% 97% 102 98% 102% 97% 97% 98 98% 85 .... 105 106% 106% 22 68, 84 58 93 109% 101% 102 97 106 105 120 110% 58 89% 91 101 .... 105% 104 104% 99% 103% 80 100% 103% 83 57 59 78 81 95% 116 105% 101% 97% 113% Pac L & P Co 1st 5s 1942.J&J 103% Pac Ltg Corp deb 4%s 1945. A&O Pacific Northwest Pub Serv— Conv deb 6s 1950 M&S / 18% 71% 100 96% 116% 106% 101% 98% 116 104% 20% 73 100 94% 102 Ref mtge 3%s ser O 1966. J&D Parr Shoals Pow 5s 1952 A&O & Passaic Gas & Elec 100% 100% 97 Paterson 104% consol gold 5s 1949.. M&S Paterson & State Line Traction— 117% .... 114% 103 103% 103"' 101 104 1964 J&J Paterson Ry—See Pub Serv Corp Pecos Valley Power & Light Co 82 1st extended 6%s 1950—M&N 45 Non-cum inc deb 6s 1950.M&N / Penn Central Light & Power Co— 5s 103 103 101 100% 95% 95% 20 22 66 69 41 Penn-Jersey Water— 1st coll 5%s 1960 55 Penn-Ohlo Edison Co— Deb g 6s 1950 ser A ex-w.M&N 38 • 50 6s 1949... Louisiana Gas— 1st M 6%s 1936 with 23 warr J&D / forthwestern Electric— 1st 6s stamped 1945 104% M&N forthwestern Elevated (Chic)— 1st mtge 5s 1941 opt.....M&S I west Cities Gas })• forthwest 1st & ref 4 %s 1977 1st 5s 1979 M&N 13 16% 16 79 77 1.9 ',•77 94 *07$ Q '■ .. 100% ' i AgLast sale, n Nominal 93% 101 93 91 107% 102% 103 Electric Co. 1st & ref 4s 1971 ser F 1st & ref 5s ser H 1962 88 M&N A&O 99% Pennsylvania Gas & Elec Corp— Deb gold 6s 1976 ser A M&S Pennsylvania Gas & Elec Co— 1st 1 & ref 5%s *55 ser A..M&S Penn Water & Pow s f 5s '40.J&J 1st ref 4 %s 1968 ser B M&S 90% 91% 85% M&S Pennsylvania Pow & Light Co— 1st M 4%s 1981 A&O Pennsylvania State Water Corp— 1st coll trust 4%s 1966—M&N Penn Telep 1st M 4s 1965—A&O Penn Water lsc 3 %s A '67—F&A 90 100 89% 93 100% 93% 87 100% 94% 104 102" 107% 107^ "; j-VrviY;-' 97% 107 .... ir!';"- 91 F&A 1st L &Rv 5s 1958 77' 91 .—F&A 84 Penn Pub S 1st 6s ser C '47.M&N 1st & ref 5s series D 1954 .J&D Pennsylvania 13% 90% 95% M&N Deb 5%s 1959 ser B 105 'f it* ff Ik 106% / This price includes accrued interest. mmmm 105% 100% Los Angeles Pacific RR— acific Power & Light Co— 1st M s 1955 ..F&A acific Te5eph & Telegraph— Ref mtgle 3 %s ser B1968. .A&O 63 112% .... opt *15—J&J _ 70 .... 110% M&S 1st & ref M 3 %s ser H '61 J&D 1st & ref M 3 %s ser I1966. J&D Pacific Light & Power Corp— 63 24 111% Los Angeles Pacific Co— 1st ref g4s 1950 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 86% 88 60 J&J Refunding 5s 1961 J&D , 107% 96% J&D Ottawa forthern Texas Elec Co— Coll tr ■ f g 5s 1940 / opt., forthern Utilities Co— 1st lien 4-6s 1968 M&N 8 f reg income 3-6 Xa May 1 *69 r O^^tes of deposit 111 104 106 100% Orange & Pas Val R—See PS Corp Oregon Elec Ry 5s '33 opt-.M&N / Oregon-Washington Water Serv— 101 100% 18% 104 1st & ref 58 1962 A&O forthern States Power Co— 1st & ref M 3%s forthwestern Pub Serv Co— 1st M 5s ser A 1957 J&J 110% 108 103% Ref & coll tr 5s 1957 ser A. A&O Ottawa Trac 1st 5%s July'55 J&D forthern Penna Power Co— deposit forthwestern Light & Power 6s"" Series B 1950 F&A forthwestern Power Co Ltd 1st M s f conv 6s '60 ser A. J&J 105% 107% 1st 4s 1947 J&J Ontario Pow 5s '43 op to '13.F&A Ontario Transmission Co Ltd— 1st gu g 5s '45 opt bef '16.M&N 104% 103% 49% E.J&D Watertown L & P 5s 1959 J&J forthern Okla Gas 1st 5s *46.J&J deposit 97 106" 110% 1st 5s series B 1949 F&A Oklahoma Ry 1st & ref 5s '41 .J&J / Income 5s 1990 Old Dominion Pow 5s May 15 '51 Omaha & Coun Bluffs Ry & Br 1st s f 6s 1947 A&O Omaha & Council Bluffs St Ry— Oslo Gas & El Works (Norway)— Extl sink fund 5s 1963 M&S Ottawa L H & Power— 103 N Y Inc— 1st M & ref 5s 1963 J&J 1st lien & ref 7s 1946 A...M&N 1st lien & ref 6s 1947 B M&N 1st lien & ref 6s 1943 C—_M&N 1st lien & ref 5Xs ser D '49J&D 1st lien & ref 5s 1955ser of 110 1st mtge 4%s ser A 1951-M&N Conv deb 5s 1946 M&N Oklahoma Power & Water 1st M 5s 1948 ser A F&A 103 91% fortheastern Public Service— 5%s ctfis of deposit 1961—J&J / 48 forth Ind Gas & El 6s *52—M&N 107% fortbern Ind Pub Serv— 1st & ref 5s 1966 ser O 100% M&N 1st & ref 5s 1969 ser D 100% M&S 96% 1ref M4Ks 1970 ser E J&D forthern Utilities (^°°P) S? 8 '45—A&O Certificates of 85 104% 98% 118% J&D 102% 1st & ref g 5s *40 op "20--.A&O forth Shore Gas Co of Illinois— Joint 1st mtge 4s ser A *42.J&J U £§* 96 106% 105% 105% J&D 102% 9 ser A 80 99 Oklahoma Gas & Electric— 102% (Ho boken N J) 5s 1938—A&O 5« 1956 94% 103% Ohio Water Serv 5s A 1958.F&A 100 forth Penn Gas Co— 1st M & lien 5Xb 1957—M&N forth Shore Electric Co— \al £ i08% 93% _ 105% A&O A %* Corp— 1st 6%s 1943 (with warr)..J&J 7%s 1938 Ohio Valley Water 5sT9~5~4~ "_~J& j . • 104 24% 38 1st & ref 7s 1947 ser B F&A 1st & ref 6s 1953 series C.M&S ; 1st & ref 5s 1954 ser D M&S 1st & ref 5%s ser E 1961 M&N Ohio River Bridge & Ferry 5s.*42 Ohio Term (Cleve) 6s 1947. J&D / Ohio Val Elec Ry 1st M 5s '46J&D 40 9 100 Ohio Valley Gas r' \ 106 103% 25 t 22% Ohio Edison 1st & con 4s *65 M&N 1st mtge 3%s 1972 J&J Ohio Elec Pow 1st M 5s *57 .J&D Ohio L & Pow 1st 5s 1944.-M&N Deb g 6s 2024 J&D Ohio Public Service Co— 1st M & ref 7%s *46 ser A. A&O 104 1st coll & ref 5%s *48 ser A. J&J forth Hudson Lt H & P Co— r Newport & Fall River St Ry— 4KB 1954 J&J Newport Gas Lt 5s A 1961..J&D Newp News & Hamp Ry G & E— 105% 103% Nor Amer Gas & El 6s 1944 / North Amer Light & Power Co— Sfdeb 5Xb 1956 J&J , North Carolina Gas 6s 1948 / North Central Gas 5Xb 1955 A&O North Continent Utilities 105 94% 94% 103 114 112% / Ocean City Coastal Highw Bdge 6%s w th stock 1947 .J&D / Ogdfen Gas 5s 1945 M&N Ohio Assoc Telep 4 %s 1966.J&D Ohio Cent Telep 1st 6s *47..J&J Ohio Cities Water Corp— 1st M coll tr 5%s '53 ser A. J&J Ohio Pow 1st & ref 5s 1952 B J&J 1st & ref 4%s 1956 ser D. J&D J&J *110 __ New Orleans Pub Service Co— 1st & ref 581952 series A..A&O 1st & ref 5s 1955 series B..J&D 5s stamped 1942 Inc 6s Nov 1949 ser A J&D / 115 ^ Nippon Elec Pow Ltd (Japan)— 1st mtge 6%s 1953 J&J Norf & Ports Bdge 6%s *47—F&A North American Co.— Deb 5s 1961 .F&A North American Edison Co— Conv deb 5s 1957 ser A._M&S Deb 5%s 1963 ser B F&A15 Deb 5s Nov 15 '69ser O M&N15 Certificates 103% 103% 114 114 102 1967...F&A 113% 114 114 113 M&S M&N 118% 113 See N Y Gas Elec Lt & Pow 91% 94 99 3%s series A 1961 M&N New England Tel & Tel— 117% Niagara Falls Power— 1st & ref 3%s 1966 M&S Niagara Lockport & Ont Power— 68 66„ ...... 1st 58 1952 series A 1st 4%s 1961 ser B 67% 66% 66 65 M&N Convertible deb 5s 1962...J&J New Engl Pow Assn 5s 1948.A&O Deb 5%s 1954.. J&D New England Power— 133 4X8 '62 op '13—M&N / 6 Certificates of deposit 1st con 6%s 1962 M&N / 6 Certificates of deposit r Y Steam 6s 1947-.-. 102% M&N 100% 1st M 5s 1951. M&N 1st M 5s 1956 99% M&N N Y Tel 1st 4%b *39 tax ex.M&N 107% 100 Ref mtge 3%s ser B 1967—J&J Y Water Service Corp— 1st M 5s 1951 ser A 91% M&N NY & Westchester Lighting— . 97 J&J US** 131 Corp— 45% 45 f,m Certificates of deposit Nat Toll Bridge 6s stmp *39. J&. f 15 Nebraska Pow 1st 4%s 1981.J&D 106% Deb 6s 2022 M&S I10., 82% Nev Calif Elec 1st 5s 1958—.A&O 122% 113% con g 1st & ref 5s 1955 101 5s 1937 (not guar) M Nashville Railway & Light— 121 F&A M&S M&S 1st 4%s 1960 1st M 6s 1952 Tew York State Rys— 1st / Deb 1st mtge 4s 1965 1st M4Xb 1980 104^ 50% 99% Morgantown Water 5s 1965.-J&J Mount Hope Bridge 5s 1969. J&D 2d income 8s Dec 15 1969 Mountain States Power Co— 94 91 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&O . 100% 99% 99% T. Y. & Richmond Gas Co— 1st ref M 6s 1951 ser A—M&N r Y State El & Gas Corp— 103% Montreal Lt Ht & Pow Consol 3% convdeb 1939— J 1st & colls f3%s 1956 F Montreal Tramways— 1st & ref g 58 1941 opt J— Gen & ref5s 1955 series A_ A&O 100 Adt income 6s Jan 1 1965.-Apr / Bleeck St & F F 1st 4s *50-J&J / / Bway & 7th Ave 5s 1943.. 102% 92 1st & ref 5s 1938 1st M 68 1938 series B , 104 101 Montana Power— 1st & ref mtge 3%s 1966__j<ku Montreal Isl Pow 5%s 1957 M&N 95 5s *44—J&J J&J NY&Westch Ltg 4s 2004—J&J Deb g 5s 1954 op guar—J&J N Y Power & Light Corp— 1st mtge 4Xb 1967 A&O N Y & Queens Elec Lt & Pow— Ask 97 98 East 1st & cons M 3%s 1965--M&N New York Rys Corp— Prior lien 6s stpd 1958 J&J 102% Mont Cities Gas 7s A 1937—M&N Montana-Dakota Power— . .... 101 _ 86 79 101 98 76 NY & ER Gas 1st g Con 5s 1945 40 94 & Bid Bonds Northwestern Utilities. Ltd— 100% 1st g 5s Dec. 1 1948 —J&D Pur mon coll tr 4s 1949—-F&A Ed El 111 N Y con g 5s '95 J&J New Amster Gas 5s 1948—J&J Mobile Gas Service Corp- / Y Ask 98% Newport Water 5s 1953--—-—-New Rochelle Wat 5%8 51-M&N 1st 5s series B 1951---—-M&N N Y Cent Elec 1st 5%s 50.M&S 1st 5s 1952 —.—J&J River Gas—See N Y G E L H & P— New York Edison Co— 1st 1& ref 3 Ms ser D 1985- A&O 1st lien & re. 3 %s ser E 66 A&O N Y Gas Elec L H & P Co-^ 100 99% Bid Bonds Ask 90% 60 60 ' ;■ 108% 108 / PUBLIC UTILITY BONDS 78 NOTICE—All bond prices are "and interest" except where marked "f" Quotations for all securities are as near as possible for the closing day of the Bid Bonds 88 '67-F&A Penn Wat Serv 5s ser A Peoples Gas (N J) 1st 5s '68-J&D lstsf5Msl960 --J&D f 26" Peoples G & Fuel 6 Mb ww'37 A&O People's G L & Coke, Chicago-— 1st cons g 6s 1943_ ----- 2 117m 112m Refunding gold 5s 1947--M&S 90 H 1st & ref 4s 1981 ser B--.J&J 93 m 1st & ref mtge 4s ser D 61 -J&D 100 OhlcG L& O 1st 5sl937vJ&J 114m Mutual Fuel Gas g 6s 47 M&N Peoples Light & Power Corp—• 1st lien 5 Ks 1941 J&J / 82 Oonv deb os 1979 —J&J / 14 63 3-6s 1961 Peoples Telep (Butler, Pa)— Peoples Tract—See Phlla R T Peoples Water Service (Md)—1st lien 6s A 1949 w w___F&A Peoria Water Works Co— 87 m 1948———M&N M&N 1st con 5s 1948------—M&N -11st & ref 5s 1950 F&A 1st consol 4s 94 89 m 71 M&S M&S / A&O 1st coll 4~5Ms 1948 78 % 75m 72m 104 m 96" 36 32 39" 40 34 m-m* 102 m 103 110m 111 7% 52 55 82 82 88 95" 97 m 6s 1944 85 99 m F&A / / 1936 sec notes 6s 1941 Richland Public Service— 1st & ref 5s 1937 A&O Richmond (Ind) W W Corp— 1st M 5s 1957 Richmond (S I) Lt 1st coll tr g Rio Grande Philadelphia Rapid Transit— Coll tr g 5s 1957 opt s f—F&A S f guar 5s 1962 M&S 6s gold 1962 M&S 24 m 22 m 23 m 22 m 28 20 & RR— & Ches St Ry / 1936---------J&J 1st 4Ms Hest Mantua & Fairm 22 81 1st mtge 5s 1950 A&O Riverside Trac—See Pub Ser Corp Roanoke G-L 5Ms 1951—F&A 81m 104 88 Deb g 5s 1953 M&S Rochester Gas & Elec Corp— Gen mtge 4Ms 1977ser D.M&S *116m . ^ _ 10m / ctfs 4s'43-F&A Union Traction 4s 1952-J&J Phlla Suburban Water Co— 1st s f 4s 1965 Phila & Western Ry 5s 12 17 '45-A&0 / People's Traction Co-— P P Ry tr 100m 19 E & 105 M&S 1960-J&J / 13m 99 m Roch Ry cons 5s g 1930 A&O / 2d 58 g 1933 ctfs of dep—-J&D / Rochester & Syracuse RR— / Wash 5s 1937 Pittsburgh Rys—See Phlla Co Pittsburgh Suburban Water Serv 165 95 42 Pitts Oanonsburg & 1st 1 & ref 5s 1958—-—M&S Plainfield St Ry 6s 1942 Plalnfleld-Un Wat 5s A *61 -M&M 102 H 57 42 1st M 5s 1938 - 98 45 Rome (Ga) Ry & L 5s *46—/ Ruhr Gas Corp 6 Ms '53 A —j ~ 103 m —-J&J 100m 24m 19m 70 - 66 1st 1 & con m 5s 1945—M&N 100 Porto Rlcan Power 6s 1950-M&N 96 Porto Rlcan Rys Ltd 5s 1962M&N 101 Porto Rico Telep 6s 1944---J&D 19 m Postal Teleg & Cable 5s '53-J&J / Potomac Edison Co— 105 m 1st mtge 5s 1956 ser E—M&N 106 1st M 4M« 1961 series F--A&0 Potomac El Pow— 100 m 1st mtge 3 Ms 1966 J&J Power Corp of Canada Ltd— 98 Conv deb 4Ms 1959 Ser B-M&S Oonv deb 5s ser A 1957—J&D 104,, 97 m Power Secur coll tr 6s '49--J&D 105 Providence Gas 4s ser B1963 F&A 106m Provincial L H & P 5s '46-M&S Prussian Elec 6s 1954 F&A / 24 m Public Service Co. of Colorado—■■ 105 1st & ref 6s 1953 series A-M&S 105 1st & ref 5Ms '54 ser B-.M&S 105 m 1st & ref 6s ser O 1961--M&N 101 Deb 6s 1946 M&N 95 Pub Ser of Indiana 6s 1952-P&A Public Service Corp of N J— 133 m Trust certs 6% perpet—M&N 107 — Camden Sub 1st 5s 1946-J&J Consolidated Traction— Extended 5s 1938 J&D Ellz Plainf & Cent Jersey Ry— 87 1 107 m Elizabeth & Trent 5s '62-A&O J O Hob & Pat 4s 1949—M&N 108 62 M& Gen gold 5s 1944 Gen & ref 6s 1952 111m _ J&J Called July 1, at 105. 106 M 107 M&S M&S 102M 105 M 105M 3 Mb May 1,1960 3 Ms ser B July 1 '60-Southern California Gas Co— 1st & ref 4Mb 1961 M&S 1st M & ref 4s Aug 1 '65-F&A 101M 101M 102 105 M 104 M 104M Ref mtge Ref mtge 99 100 101 112m 106 M 103 M 104M M&N San Diego Consol Gas & Elec— 1st mtge 4s May 1, 1965 San Diego Co Wat 6s A '62.M& San Diego Water Supply Co— 110m 105 m 108m 105 101m M&! Toll Bridge— 40 1m / / 127m 135m 100 m ' 97 Santa Barb Tel 3 Ms ser 0*6(1 110 74 »/ 6 do— 65" f99 1 6s '60-A&O 84 86 98 98M 75 80 119 120 Adj mtge Inc Jan South N E Telep 1st 5s 1948-J&D 105 M Gas— 1st & ref 5 Ms series 11945 A&O 1st & ref Inc 5 Ms ser IP45 A&O 85 65 10-year coll s f 6s 1942—-A&O Southern United Gas Co— 1st lien 6s 1937 with warr.A&O Certificates of deposit Southern Utah Power Co— 1st M 5 Ms May 1, I960--M&S Southwestern Assoc Telep Oo— 1st M 5s 1961 A&O Southwestern Bell Telep— 1st & ref M 3 Ms ser B '64-J&D Southwestern Gas & Elec Oo— 1st 4s series D1960 M&N 76 . 105 93 15 92 ioo 101 102 l 88 89 90 70 90 93 72 5s 1961. . 111 106 M 104 105 103 H 4s series B 1959. . ./ 27 ) Seattle-Everett Tractionlst M g 5s 1939 opt 191 Seattle Lighting Co— 1st 5s 1944 ------ 104M /This price includes accrued interest, 93 M 94 105 105 M 100 M 100 100M 102 102 M 102 M 102 H ^ s 86 M 88 67 104 M f 6s 1945 ser A Southwest Telep 6s B 1st 6s series O 1947 Oonv deb ser mm ■ 31 70 64 81 83 17 62 M 63 M J&D 75 J&D 20M 'iP 107 105 M 110 70 108 106 98 97 10 103 5 55 53 65 120 ' ' 12l" 108M 109 M 67 M 68 M 68 65 M 64 ' ' deposit Standard Power & L Corp— Deb g 6s 1957 F&A Standard Public Service Corp— 1st lien 6s series A 1948—F&A 1st lien 6s 1948 ser B J&D Standard Telephone Co— 1st 1 coll tr 5 Ms '43 ser A.M&N Oonv deb 6s 1938 —M&N Stark Elec RR see RR Stettin Pub Util 7s 1946 105 M 62 1947-M&S A 1932 — 109m 12 Scranton-Spg Brook Water Serv- 100 90 M 1937-1945—M&N Southwestern Light & Pow Co— 1st M 5s 1957 ser A—-—F&A 1st M 5s 1957 ser B F&A Southwestern Power & Light-Deb g 6s 2022 series A M&S Certificates of Water Go—- 104J4 33 33 i 93 M - I Scranton Gas & 30 30 — r 118M - Southern Trac—See Phlla Co Spokane Falls & Nor 6s 1939-J&J Spokane Gas & Fuel 5s 1944-F&A 108 h Spg Br'k Wat 1st ref 5s '65—A&O 106 Spring Val Util ref 6s 1943—J&D Springfield City Water— 1st mtge 4s ser A 1956 A&O Springfield (Mo) Gas & Elec Co— 42 1st mtge 5s 1957 ser A—J&D 3 Springfield (Mass) St Ry— Ref & gen 6s i940——M&S 130 Springfield Terminal Ry 7s 1942 Stamford Water 1st 5s 1952.-J&J 101 Stand Elec (Calif) 1st 5s '39-M&S 100 Standard Gas & Elec of Delware 6% g notes 1935 A&O Certificates of deposit--- — uoh Debenture 6s 1951F&A Debenture 6s 1966—-—J&D 101 6 % conv notes 1935 J&J 108 M Savannah Elec Co 5s g *52.. Sayre (Pa) Elec 5s 19471—A Schenectady Ry 1st 5s Mar 1, 101 Southwest Gas Oo (Okla)— 1st s f 8s 1954 M&N S'west Pub Serv 6Ms 1937--M&S 110m Savannah Elec & Power 61 (Calif)— Southern Gas Utilities, Inc— 1st M s f 6 Ma 1939 ser A-M&S Southern Natural Gas Corp— 100 104 m San Jose Water Works 1st mtge 3 Ms ser A 1961— 92M __ San Antonio Public Service— 1st M sink fund 6Ms '57.M&: 92 Ser deb 4s A 102 m 102 1st m 8 f 5s 1955 San Francisco Bay 106 105M 105 102 m 96 101M 49 M - 86 6 Basis. 105 M 98 100 100 104m 98m 98 103 M 103 103 M 104 M 92 M 104 M 97 H 98 m 98 102m 106 95 89 91M 99 m i65m 55 93 M J&D 1941 103 M 52 87 J&J Southwestern States Telep Co— 1st M 6s 1948 M&S 107 96^ £105 x-w 102 __ 1°5,, 110M So Texas Gas 6M» 1938 A__M&S Southeastern Gas & Water Oo— 1st lien 6a 1944 J&D Southwestern Public Service Go— 105m F 93 South Coast Co—See Indust— South Jer G E & T—See Pub Serv Corp. South Pittsburgh Water Oo— 102 1st lien & ref 5s 1960 ser A-J&J 105 1st lien & ref 5s 1960 ser B. J&J 102 1st M 5s 1955 F&A 1st M 98 m 73 M 91H 110m 65M 63 M 67 * 65 65 68 , §§** . A&O / 63 M 64M 60 60 62 62 67 1 23 25 30 35 Steubenville Wellsburg & Welrton A&O Ry 1st 5s 1951 Stewart Mt Pr—See Salt Riv Vail Suburban Lt & Pow 6s 1938-F&A 104M Super-Power Co. of 111— 3 100 3 100 1st 4 Ms 1968 1st M 4Mb 1970 105 3 * 105" 110,, 19 m 82 Public Service Co of N H— 1st mtge 3 Ms ser O 1960--F&A Public Service Co of Nor 111lst & ref g 5s 1956 op '21—A&O 1st & ref 5s 1966 series O-M&N 1st & ref 4 Ms 1978 ser D-M&N 1st & ref 4Mb 1980 ser E.J&J 1st & ref 4Mb 1981 ser F-A&O 1st 1 & ref M 4M ser I '60.J&J §5" 99 m 99 72 1st M pipe line s f 4 Ms '51 A&O Southern Neb Pow 5 Ms B'47 J&J 114 St Louis Springf & Peoria RR— 1st & ref gu g 5s '39 opt—J&i 106 1, 1943—J&D South Bay Consol Water— 1st ref 5s 1950 M&N South Carolina Power Co— 1st lien & ref 5s 1957 J&J Southern Counties Gas 1st M 4Mb 1968 46 112 98 m 96 105 m 96 M 97 105 Southern Colorado Power Oo— 1st g 6s 1947 series A J&J 101 59 108 m 96m 100 h 103 99" Sauda Falls Co Ltd— 70 City Gas & Elec Co— 1st mtge 4s 1966 J&J Sioux City Serv 6s 1951 J&J Somerset Lighting 5s 1939.-F&A Somerset Un & MIddlessex Ltg— 1st M 4 Ms 1960 A&O Southern Oities Utilities Co— 1st lien & coll 5s 1958 ja&O 102 1st mtge s f 4Ms 1979 J&D Saguenay Elec 5Ms A 1953.J&J Saguenay Power 4 Ms A1966 A&O 1st 4 Ms series B 1966 A&O St Clair County (111) Gas & El— St Paul Gas Light— 104" 1st & ref 5s i960 ser A M&S 102 1st 5 Ms ser B 1957 M&S Silesia Elec Corp s f 6Ms'46 -F&A / 22 M Southern Calif Water— 105 m 96 1st g 5s Dec 1, 1950—J&J Ellz & Raritan Riv 5s '54-M&N 1st mtge 3 Ms ser D '60—M&N 1st 3 Ms 196 lr F&A 1st 3 Ms series F 1966 88m 25 m 100 103 1948—B 57 m 68 Sierra Pacific Power Co— Southern Union 1st g 5s Nov 1, _ Orange & Passaic Valley— 1st 5s 1938 J&D Paterson Ry— 2d 6s '14 ext 5% to '44-A&O So Jersey Gas El & Trac— Guar g 5s Marchl ,1953.M&S 9l" 105 m „ Y. 82 m 69 57 m 106 66 86 28" Debenture 3 Ms 1940 105m 72 100m 88 M 22 Southern California Edison— 1st & ref mtge 4s 1960—-_M&8 83 Safe Harbor Water Pow Corp— 104 Valley Telep 6s 1947-J&J Elec 6s 1953--M&N / 23 m 103 m Pt Henry L H & P 1st 5s'46-F&A Portland Elec Pow 6s 1950-M&S / 19 Portland (Ore) Gas & Coke— Gen M 4Mb May 1st s f 4s Oct 1945 82 101 Teleg— 1916--J&J 3 Ms debentures 1962 A&O 5m 104 m / 99 M 1st sink fund 6 Ms 1952— .J&D Southern Bell Telep & 1st s f g 5s 1941 opt 103 104 m J&D 103 M 103 M 99 1st lien 6s 104m M&N Lt & P Rome (N Y) Gas, Elec 1st ref 5s 1946 103 U 103 103 98 S'eastern Indiana Pow 6s '43 M&N S'eastern P & L deb 6s 2025.M&S Rockland Light & Pow— 69 95 Pomerania Portland(Me) Gas L 5s A'50 A&O Portland General Elec Go— 1st & ref 4Ms 1960 -M&S 1st M 5s exten to 1950 J&J Portland (Me) RR 3 Ms 1951-J&J 30" Rumford Falls Pow— Platte 1st & ref g os '40 opt *20--J&J 1st l'n & gen 4 Ms 1940—J&J 106 15 25" Ontario 87 Piedmont Hydro-El Co (Italy)— 1st & ref s f 6 Ms 1960 ser A A&O Pinellas Wat Co 5 Ms 1959-M&S 77 24 m 108 m M&S 1962 Lake Water 5s 1938 Rochester 103^ Shenango Val Water 4s B'61 A&O Shlnyetsu Elec Pow (Japan) Debenture 3 Ms 1945 Roanoke Ry & El 5s 1953—F&A Roanoke W W 5b 1950 J&< Rochester Central Power Corp— 5s series 99 m M&N Union Traction— Elec & Peo 4s tr ctfs 27 65 5 Ms 39 Pass Ry Market Street Elev 1st g gu 4s 1955 io5m jl03m 4s 1952 Valley Gas Co— M&col s f 4Ms'67 ser A A&O coll tr 4Mb 68 ser B.M&N coll tr 4 Ms ser D '70-A&O coll tr 4s ser F 1961 A&O Mtge g 4s Dec 105 .... Darby Media lolm 98 -M&N 1st 1st 1st 1st Sioux 104m 94 m 90 36 —F&A 24 / / 38 79m 77 m 73 m Union— J&J / Ask Shrevp't Bdge & Term 5s'55-F&A Shreveport Rys 1st 5s '36-44-J&J 67" Puget Sound Tel 5s A 1952.J&J Quebec Power Co— 103 m 1st M & coll tr s f 5s 1968. J&D 116 Queensboro Gas & El 5s '52-J&J 98 m Convg deb 5Ms *52 ser A-A&O 109 Quincy El Lt & Pow 5s A'47 M&S 104 Rapid Transit St Ry 8s 1941-A&O Republic Gas 6s A 1945-—J&D /120 Certificates of deposit Republic Natural Gas 1st 6s 1954Republic Service Corp— 75 1st coll trust 5s 1951 J&D Serv 100m 73 63 Bid Shawinlgan Water & Power Co— 99 1st & ref 5 Ms 1949 .J&D 1st & ref 5s 1950 ser O—-M&N 1st & ref 4Mb 1950 ser D.J&D Wat Bonds 50 Puget Sound Navig 6s 1938-M&N Puget Sound Power & Light— ■ Rhine-Ruhr Ask 67" Con mtge 6s 1953 F&A / Cons 6s 1955 --------A&O / 80 A&O Philadelphia Electric— 1st & ref mtge 3 Msl967—M&S Philadelphia Elec Power Co—1st mtge 5Ms 1972 F&A Phlla & Garretsford St Ry—, m r e Puhllc 1st M 5M« 1948-Secured conv 6s 1938 85 17 65 100 101 --- 5MsA'53-J&D ytilltiee Consol Corp-- 104m 35 104 m 2d Ave Tr 1st 5s 1934----J&D So Trac 1st & colltr g 5s*50A&0 United Trac 5s 1997 ctfs__J&J West End Trac con 5s '38.J&J 1st 115" Serial debs 4s Feb 1, 1946 Extl deb 6s 1953 1958.-A&O 1st 5s 1955 118m 113m 91m 94m 75 Duquesne Lt 1st 3 Ms '65-J&D / Duquesne Trac 1st os '30-J&J Rys 6s 1953-. P Serv of Penn 1st 100 Philadelphia Company— Secured gold 5s 1967----—J&D Plttsb 95 29 104 100 m Debenture 4s 1950 Ardmore Street 5s 89 Public Service Co of Oklahoma 1st mtge 4s ser A 1966 F&A 100m Prior lien 5s 1948 Bid Bonds 89 100 -J&D 1960 4s Ask and Income and defaulted bonds month preceding the date of issue k Last sale 102 103 n Nominal. M&S M&S 105 104 M , 105 M 106 July, 1937] 79 UTILITY BONDS PUBLIC NOTICE—All bond prices aro "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 Bid Bonds *43-M&S Sutter Butte Oanal 634« 126 s f 6Hs 1971-J&J Tampa (Fla) Gas 5 Ha '50—A&O 74 92 90 .8* 82 80 83 6434 6634 71 6734 10434 10634 104 10134 99 102 92 10034 14 9834 30 28 9934 u* 86 94 83 10634 104"* W8$ 7934 6 34 734 4534 1534 17.^ 89k 89% 70 60 75 90 8034 9134 93 7534 10734 7934 70. 11734 Trent'n Pass By 1st ext 6s'61 A&O Trenton St By ext 5s 1968—J&J General 6s 1941....... ..J&D 72 65 45 10 102 101 Tri-Oounty Telep 43*s B *56 A&O Troy City By 1st cons 5s *42 A&O f 434 105 Troy Gas Co 1st 5s 1939..M&N 2d 0s 1939. F&A 10434 23 Street By—See N Y Rys Twin City Rapid Transit Oo— 1st lien & ref 534s A 1952J&D 7534 1st lien & ref 534s B 1952.. J&J 104 6 76 73 Twin States Gas & Electric— 1st 1 & ref 534s 1945 Ser A.M&S Tyrol Hydro-Elec Pow Oo— 1st Msf 7 Ha 1955—-M&N UJigawa Elec Power (Japan) 1st M s f 7s 1945——M&S15 Union Elec Co of Missouri- 96 100 .10034 Union El Lt & Pow Oo of St L— Gen 5s series A 1954— ..J&D 10534 Gen'l mtge 5s 1967 ser B..F&A 10334 General 5s 1957—.......A&O 10334 General 434s 1957 —Itf&N 10334 Union Elev BB—See N W Elev. Union Gas & El 1st ext 5s '40M&8 101 Union Gas Oo. of Canada— 1st serial 334s 1936-38.-—J&D 99 1st serial 4s 1939-42-.....J&D 9734 1st serial 4 34s 1943-45 J&D 98 1st 434s 1950—.—..J&D 9934 Union Gas System— 1st M & coll s f 5s 1948... J&D 78 Union Passenger Railway— 1st 4s Mm 31 1961— A&O 65 2d ext 4s Mar 31 1960—.A&O 55 Union Pub Serv (Del) 6s '39.J&D 8834 Union By—See Third Ave By Union Traction—See Phiia R T Union Water Service Co— First lien 534s '51 ser A.M&N 10134 Union Water Wks Co— 1st Hen 534s 1942..J.M&S 15 / 10 Unit Elec Oo of N J 4s *49—J&D 11234 United Elec Rys (Providence)— Gen ref M 5s Jan 1951 ser A.. 92 Gen ref M 4s Jan 1951 ser B 87 United Elec Serv (Italy)— Extl 1st s f 7s 1956 ser A..J&D 6834 United Gas & Fuel (Hamilton)— 1st s f 534s 1948.. —J&J 10134 United Ilium Co New Haven— 1st 4s Feb 1 1940——F&A 10634 United Light & Power CoDeb g634s 1974—..M&N 74 1st 1 & consol 534s 1959.-A&O 103 Deb g 6s 1975 M&N 6934 United Lt& Rys (Me) 6s A'52 A&O Deb 6s 1973 J&J Un Lt Rys(Del) deb 5348.52 F&A United Public Service Go— Coll tr 6s 1942 ser A.....A&O . , , . mmmrn United Railways of Havana— Eq 734s Feb 151936 .....F&A / mmmm 80 1st mtge 334s 1966.......A&O Wisconsin Hydro-Elec Oo— 1st M 5s 1947 A&O Wisconsin Michigan Power Co— 1st mtge 334s 1961 ..J&J Wisconsin Minn Light & Power— 1st & ref 5s 1944 opt '19..M&N Gen & ref 7s 1947 ^J&J 10 11834 11634 13 25 98 .8934 X22^ 96 12 12034 118 106 10534 10734 107 109 7 9 / / / 50 4934 / / 21 Vesten Elec Ry 7s 1947 J&D / Virginia Electric & Power— 1st & ref M 4s ser A 1955.M&N PUBLIC UTILITY STKS. Alabama Power 27 pref 21 65" 2334 __ Virginia Public Service Co—_ 1st & ref 534s 1946 ser A..F&A 1st & red 5s 1950 ser B——J&D 1st & ref 6s ser O 1952——M&S Deb s f 6s 1946 F&A Virginian Power 1st 5s 1942. J&D Wabash Telephone— 1st M 434s A 1956— —J&J Warren Ohio Telep 6s 1942.M&N Wash'n (D O) G L 5s 1960—M&N Refunding 5s 1958——.—J&J Washington Gas & El Co— 1st sf 534s 1947 ...F&A 1st M 534s 1953——..—J&J 10734 8834 96 98 8334 95 8534 106 75 109 69 78 10634 10534 21 21 / 110 90 Bridge334-6348, I960-...J&J 9234 98 42 44 53 55 9634 119 104 10934 10434 106 108 70 1st mtge 4s 1961 99 .A&O Western Oont Util 6s 1944..M&S t 10 Western Lt & Telep 5s 1954.A&0 100 Western Mass Cos— 334% coup notes 1946.... J&D Western N 5s *46. J&D Western N Y Water Co— 100 120 9134 101 104 & ref 5348*1960 F&A Western States Util 6s A '45.A&0 10334 10734 7434 10334 6934 10334 84 §2* f Called Sept. 1 at 102. 82 87$4 Union Telegraph— 1938.--1....J&J 89 89 ivou....naB Mut Un 6s ext at 5%to'4lM&N * 10634 1st 534s 1955 ser A......J&D 1st 5s series B 1957 10434 104 .M&S Western Utilities Corp— 6% notes tl937—.......M&N Westmoreland Water 1st 5s.. 1952 Westphalia United EljjPr (Germ 1st M s*f 6s 1953.—...J& WheeUng(WVa) Electric Co— 1st M 5sll941 opt _M&N WhitePlahis Ltg 1st 5s *38—J&J .... WUm^ton^^Brfd^a 68*194^ Appalachian El Pow 7% pref ..* 6% preferred..—.......* Arizona Edison com..........* Arkansas Natural Gas Corp.—.* Class A non-voting..........* Preferred -—.....10 Arkansas Missouri Power— New common............... 6% preferred. Arkansas Pow & Lt $7 pref..—.* 6% preferred.^.— Associated Gas & Elec com —1 Common class A—..........1 Original preferred.—........* Preferred 10134 / 2334 v t c mmmm 49" 10434 105 116 91 93 H mmmm 6734 6834 .8 77 81 5834 3034 302 834 117 122 §2* 39 134 17 26 8 * 5034 4434 2034 334 1134 334 1134 25 16634 7 1634 80 103 94 334 i! 68 234 8 8, 1834 15 16 17 105 67 102 2434 ...—* Bell Telephone (Canada)....100 Bell Telep of Pa 634 pref ..—100 com * Bridgeport Gas Light——* Bridgeport Hydraulic Co....—20 Brit Col Pow Corp A —...* Class B——.....——* Broad River Power 7% pref—l5o Brockton Gas Light Govt c—25 Brooklyn Edison...—100 Bldyn Manhat Transit * 96 preferred series A ...—...* Bklyn & Queens Transit com...* 10234 40 42 d* nm 4 Brazilian Tr Lt & Pow ord 10534 24H 132 109 Beauharnois Power 2034 100, 734 16734 11334 61 70 63 10234 113. .234 44 60 2334 30 34, 3334 434 100 6 170 2034 6834 3 96 preferred— ...—.* Brooklyn Union Gas—.......* Buffalo Niagara & East Power— 103 at 10234. b Basis. /Flat price. 1534 2734 51st prior preferred.. t1.60 pref..—..—.....—.* .25 2334 * Last sale. nNominal x 69 52 94 26 * Called July 1 7934 46 104 -—100 Beverly Gas & Elec.....——.25 Birmingham Elec 97 pref..-...* 96 preferred. * Birmingham Gas 26 pref.......* Birmingham Wat Wks 6% pf.100 10034 Blackstone Val Gas & El pref.100 Blue Ridge Corp 1 893 93 conv preferred—...——* 89 Boston Elevated By com 100 107 102 98 100 "32* 93 Bangor Hydro Elec com.... .25 7% ptefivred——_. .100 6% preferred 100 Baton Rouge Elec Co 96 pf— ..* 84 104 101 104 85 81 96 1st preferred ——.—.* — Fdg & R E_M 4" 25-year * 25 1 Preferred ................. 25 Amer Superpower Corp com....* First 96 preferred...—.—* Preferred $6 series —....—* Bait Transit Co v t c—.....* 86" 71 534% preferred Amer States Utility com. „ 1st 95M % 60 — %* 11* ..M&N Coll tr 5s $6 preferred. -.———.* $5 preferred. ; ...... .* American Service $3 preferred. .* Amer States Pub Serv com....-* 9634 preferred.....———.* 27 preferred.——.———* Option warrants 9134 Assoc Telep Oo Ltd 21.25 pf...* Assoc Telep & Teleg $6 pref * 97 1st preferred...........100 Class A— ;———.* 10034 Atlanta Gas Light 6% pref. .100 14 Atlantic City Elec $6 pref * 97" Western 25 .....25 86 ......M&N 91 TractionI 6% preferred. 14 preferred-—-———.—.—* 10334 95 American Light "& 5 preferred...—...—....* 6 preferred——...—* 10234 10634 ^Utilities 101 2 6% preferred ..25 Amer Wat Wks & Elec com.....* 95 ¥ 70 84 mmmm 21^ 95 * American Telep & Tel eg ..100 Amer Utilities Service common. * 118 10934 105 31 106 Amer Power & light com......* , 9634 104 110 1st $6 preferred —..........* .6034 20 98 1 ' 1065^ W&rr&nts 10734 20 92, 10034 10634 * ....... Amer Gas & Power com... 75 74 / t 98 ........ $6 preferred. / 10234 11334 !7 preferred. ——...—.* — 102 1st 6s ser A w w 1950..—.J&J Conv deb 634s 1945 .J&J West Coast Telep 5s A 1953.J&J }st M^SHS 1950 7 second pref series A..—.* 6 cum pref................* Warrants Amer Gas & Elec com.........* 81 10634 10534 87 9934 49 10534 City & Sub 5s 1st MfOs 1951 ——* Alabama Water Service pref ♦ Allegheny Traction—See Phila Co AUentown Beth Gas pref .50 Amer Cities Pow & Light cl A 25 Class A opt div ser w w_. 25 Class B....................1 Amer Dis Tel of N J com ♦ Preferred —100 Amer & Foreign Pow cam......* 115 6734 5834 10634 * $5 preferred 10234 72, * $6 preferred 9934 M 5s 1955— —M&N 1st lien & ref 6s w w 1960-F&A Wash Ry & El g 4s 1951 J&D Anacost & Pot 5s 1949...A&O 1st guar 5s 1949 A&O g 1948 F&A Washington Water Power Co— 1st ref 5s 1939 op— .—J&J 1st & gen 5s 1960 .J&J Washtenaw Gas 1st 5s 1953—J&J Waterloo Ced Falls & No Ry— 1st M s f g 5s 1940——J&J Certificates of deposit Water Service Cos 5s '42—M&S Watert'n L&P—See No N Y Util. Waukesha Gas & Electric Co— 1st 5s 1959.— .J&J Wayne United Gas 634s '44. J&D West Canadian Hydro-Elec— 10834 93 87 73 59 23 50 103 f 50 1st & ref 8s 1944 ft&N Wisconsin Power & Light— 1st mtge 4s ser A1966 J&D 4s serial deb June 1 1938-1946. Wisconsin Public Service Corp— 1st mtge 4s 1961.. .J&D Wolverine Pow adj 434s Mar 1 '59 Worcester & Conn Eastern BySee Railroads. Worcester St By 5s A 1947. J&D Worcester Transit Association— Cum income 6s 1952 ..J&D Cum income 6s (w s) 1952. J&D Wyoming Vail P S 6s 1971..A&O Yadkin River Pow 1st 5s '41 A&O Yonkers Ry—See Third Ave Ry 5034 York (Pa) Gas 1st 5s 1941 .M&N 4934 York Haven Wat&P 1st 5s'61J&D York Rys 1st Mg 6s '37 opt.J&D ^58^108 3195°......^ —— 24 / West Va Water Service— 26 •No par value, - r:::: United Pub Util Corp— ( Oonv coll tr 6s A I960-.—J&J Oonvcolltr 53*s B I960...J&J / United Rys Cos 4% ctfs '49.J&J f 90 .... 11* li ..... 88 10034 .... 95 63*8 1933 9734 Westchester Elec—See 3d Ave R Westchester Lt 1st g 5s '50—J&L Westchester Serv Corp 6s '48 A&O / 9834 West End St Ry—See Boston El 9734 West End Trac—See Phila Oo West Ohio Gas 6s A1954. / 9734 West Penn Elec deb 5s 2030. A&O West Penn Power— 1st M 5s 1963 series E....M&S iol"* 1st M 4s 1961 series H—J&J 1st M 3348 ser 11966 .J&J 10534 West Perm Tr 1st 5s 1960-J&D 10434 West Phila Pass Ry— \ 104 1st ext 334s 1956— ...A&O 104 2d extended 1956 24&N West Texas Utilities Oo— 1st M 5s 1957 ser A ...A&O West Virginia Ohio River ' 9734 f 7s 1952........F&A s 10 / 23 1st 9134 Toledo Edison 5s 1962..—M&N Traction & Term'l Corp 5s '57J&J Trenton G & El g 5s 1949..M&S / Gen 4-5s series A 1965 J&J Gen inc 4-6s ser B 1965... J&J Wise Fuel& Lt 1st 6s 1948..M&N Wisconsin Gas & Electric— . _ VermontLtgCorp 1st 5s'44 A&O (Japan)- M&S15 Tokyo Elec Light Co (Japan)lst g 6s 1953 series J&D15 Guar United Traction (Albany) Con g 434s 2004— —J&D Unit Trac (Pgh)—See Phlla Co Unterelbe Power & Light Co— Sink fdM 6s 1953 .A&O Utah Lt & Tr 1st 5s 1944 A..A&0 Utah Power & Light Oo— Deb 6s May 1 2022—-M&N 1st lien gen M 5s 1944—.F&A 1st lien & gen M 4 He 1944.F&A Utica Belt Lane Street By—• 1st 5s 1939 -M&N Utica El & P 1st 5s 1950—J&J Utica G & El ref & ext 5s '57 J&J Gen 534s 1949 ser O—J&D 15 Gen M 5s 1956 ser D -A&O Gen 5s 1952 series E J&J Utica & Mohawk Valley By— 1st 434s 1941... M&S Utilities Power & Light Corp— Deb g 534s 1947........J&D Deb 5s 1959 .F&A Utilities Public Service Co— Oonv 6s 1933 —.J&D Utilities Service 6s 1953 Conv deb 634? ser A 1938.F&A Vamma Water Pow 534s '57.A&0 ^ 9334 83 92 78 A 74 74 94 34 101 —. Texas Power & Light— Deb g 6s 2022 ser A J&J 1st & ref 5s 1956—M&N Texas Pub Serv 1st 5s 1961 Texas Traction Co 5s 1937—J&J / Third Avenue By (New ork) 1st ref g 4s 1960 opt aft '14 J&J Adj inc g 5s Jan 1960 opt—A&O / Third Ave BR 1st 5s g%7 J&J Union By 1st 5s g 1942__F&A Westchester El 1st 5s g '43-J&J Yonkers By 1st 5s 1946-.A&0 Tide Water Power 1st 5s '79.F&A ser 95 90 A&O Texas Pow Corp 6s 1950 M&S General 634s 1956—....M&S f 7s 1955 - 2634 73 73 91 98 ... 1st mtge 6s ser A 1956 s 8534 9934 — Winnipeg Elec 1st 4348 1960. J&J United Securities Co— urities Colls f 5 34s ser A 1952—M&N n^ii # r He ser B 1952—M&N ^ - lst 76 83, Tennessee Eastern Elec Co— 1st M 5s 1943. F&A Ref s f 6s series A1955 M&N Tennessee Electric Power— 1st & ref 6s 1947 ser A—J&D 1st & ref 5s 1956——J&D Tenn Pow gu 5s 1962 opt--M&N Tennessee Public Service— 1st & ref 5s 1970. —A&O Terni Hydro Elec 634s 1953-F&A Terre Haute Traction & light— 1st con M g 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 Terre H'te & West By 5s '37 M&N Texarkana Wat 1st 5s '58—F&A Texas Cities Gas 1st 5s '48—M&N Texas Consumers Water— 1st 6s A 1939—A&O Texas Elec By 5s 1947——J&J Tex Trac 1st 5s 1937 opt—J&J Texas Electric Service Co— 1st mtge 5s 1960——.—J&J Texas Gas Util 6s 1945.....A&O / 1st 2-6s 1951— ——M&S / Texas Hydro Elec Corp—■ Toho Electric Power 100 99 Bid Bonds Ask 25 33 34.J&J 7634 97 1961 — 29 13 98 —A&O Telephone Bond & Share Co—_ Deb 5s 1958 J&D Telephone Service (Ohio)— 5s 1953— M&N Temescal Water 1st 5s A '60 M&N 5s City & Sub Pub Serv 5s 108 10734 28 12 75 Taiwan El Pow Bid Bonds United Rys of St Louis— Gen g 4s July 1 1934——J&J 11434 Syracuse Gas g 6s 1946 -J&J Syracuse Lighting 5s g 1951 -JAD 1st & ref 5&8 1954 F&A 5s series B 1957— J&J Syrac Bap Tr 1st g 5s 1946-M&S 2nd mortgage 5s 1930 J&J 1st Ask 95 Ex-dividend. closing day of the month preceding the date of ssue Quotations for all securities are as near aa possible for the Cable Sc Wireless Ltd— . 6% preferred —-* „ Canadian Marconf-.----------1 6 preferred series B §7 preferred series A 100 pref —* ---* Capital Transit (Wash, D O) Central Elec and Tel com $6 preferred $5 preferred Elec Power Association Class A full paid ——50 6%_preferred Cent Hud G & El com—...._—* 434 % preferred 100 Cent Illinois Light 4 34 % pref-100 Cent 111 Pub Serv $6 pref- ——* Cent Indiana Gas 634% pref Cent Indiana Power 7% pref 100 Central Maine Pow 6% pref-.100 7% preferred -100 Cent Mississippi Valley— Elec Properties 6% pref 100 Cent Ohio Lt & Pow 6% pf * Central Pow Sc Light 7% pref 100 Cent Sc S W Util com 50c 6 preferred §7 preferred * 7% preferred Conv preferred Conv preferred ser Preferred 50 Eliz Consolidated Gas 100 Empire Sc Bay State Teleg—-100 Empire District Elec 6% pf—100 Empire Gas Sc Fuel Co pf 8%-100 * warr)—100 Cincinnati Street Ry 50 Cincin & Suburb Bell Telep—50 Cities Service com * Preferred -100 8534 254 3934 - 354 10 —100 Preferred B 8 86 234 40 434 35 40 43 7% preferred 100 Citizens' Pass Ry—See Phila R T 53 com —- - 104 46 * 100 47 Certificates of deposit 6434 cum conv conv pref ser B 106 10034 134 234 40 Warrants * 37 25 Georgia Power $6 preferred $5 preferred 4l* Gloucester Elec Lt Co * 51" * 4134 Gold & Stock Telep (guar) 100 Green Sc Coates—See Phila R T Green Mt Pow Corp $6 pref...* 100 Common 2 * Common Connecticut Light Sc Power 6634 11434 4634 * 100 534% preferred Connecticut Power 25 Connecticut Ry & Lighting 434% preferred Consol Elec & Gas $6 pref Cons Gas EL&P (Bait) 18 * 3334 $5 preferred * Consolidated Gas Utilities com.l 10334 234 com Warrants Cons Trac of N J—See P S Corp Cons Trac (Pittsb)—See Phila Co 29 Consumers Gas (Reading)——25 Consumers Gas (Toronto)100 Consumers Power $5 pref— * $4.50 preferred... - __* r 201 9434 8534 32 202 9554 8634 Continental Gas & Electric— Dayton Pow A Lt 434% pref.100 * 100 Derby Gas Sc Elec $7 pref * Detroit Sc Canada Tunnel.—* Detroit Edison 100 Duke Power 100 Duluth Superior Transit com $5.50 pref * Hackensack Water.. ..25 7% pref class A Hamilton Bridge Preferred —25 ... 84 34 5 5 —25 1 73 83 76 2634 29* Til Commercial Telep $6 pref * Illinois Iowa Power common ...» Preferred 50 Certificates of deposit Illinois Pow & Lt 5% pref Illinois North Utilities 6% pf.100 illuminating Shares class A Indiana Hydro Elec 7% pref.100 ""54 7% preferred 100 Indianap Pow & Lt 634% pf-100 Indianapolis Ry Co v t c 100 Interboro R T vot trust ctfs..100 Internat Hydro-El Syst A 25 Conv pref $3.50 series 50 12 Internat Ocean Teleg (guar)..100 1* 2* 3534 3734 934 270 1 20 Units...................... conv * n Nominal, r Canadian price, x Ex-dividend. * Without par 11054 10934 89 23 —.... Middle West Utilities ...... 2434 22] 57) 4334 38 83 98 100 1034 111; 33. 7934 65 83" 1934 111* 3* 59 103 10534 87 9 23* $6 convpreferred series A..—* Util 7% prior lien..100 6% prior lien ...100 7% preferred class A—. .100 6% preferred class A 100 Milw Elec Ry Sc Light— 6% pref series 1921 100 Minnesota Pow & Lt 7% pref 100 $6 cum preferred 100 Mississippi Power $6 pref $7 preferred Miss Power & Light 6% pref—.* Mississippi Riv Pow 6% pref.100 Mississippi Valley Utilities.....* Missouri Pow & Lt $6 pref— * * m a* 2 75c 21 1 3 263 43 59 49 101 100 28 734 2 6c Monongahela L Sc P—See PhilaOo Monongahela St Ry—See PhilaOo Monon-West Penn P S 7% pref 25 134 3 234 2 154 93 86 62* 57 68 n% 9334 634 25 734 9734 Montreal L H A Pow Cons 2934 22 9134 9234 6 i« 34 loi" 5 8634 A" hH x!s 37 20 96 .4 834 1 2! 19 26 754 .......100 6% preferred*.; 100 Montana Power*6% pref .* 53 65 63 17 16 * Montana Dakota Utilities com. 10 100 95 52 value. 50 $7 preferred series B .....* $6 preferred series O—... * $6 prior preferred * Mexican Northern Ry com...100 Preferred -.—-....100 Middle West Corp com -.6 Warrants "3" 56 6% preferred * Montreal Telegraph 40 Montreal Tramways com 100 Mountain States Power com * 7% preferred —100 Mountain States Tel Sc Tel—100 Montana Power 6% pref * Municipal Service 6% pref Nassau Sc Suffolk 7% pref 100 1~ National Gas Sc Elec com... National City Lines— Common 58 86 234 30 1373 97 i 28% 534 $3 conv preferred .1 50 50 .... ...... 4354 National Power Sc Light com.—* * Nebraska Power 7% 1st pref 100 $6 preferred Nevada-Calif Electric com Preferred Newark Consolidated Gas k Last sale, c—1 v t partic preferred Missouri Pub Service co 86 7 Warrants-...-.-----.—..... International Power Co. 1st preferred —.100 Internat Power Securities com..* X 5734 48 43 834 50 77 35 10854 —50 24 30 13 100 100 Preferred * * Midland 100 Flolyoke Water Power Houston Natural Gas com—* 57 Duquesne Light—See Phila Co— East Coast Public Service v t c— 1 80 250 18 48 185 Indiana Service Co 6% pref.. 100 . Duquesne Nat Gas common—..* $4 preferred $5 preferred * 8334 5634 2434 1454 11234 11034 8134 2334 7534 25 Ry com * Memphis Natural Gas * Memphis Power Sc Light $7 pf. * $6 preferred * Metropolitan Edison Co— 86 25 6% preferred 100 Haverhill Elec Co —.25 Hestonville M & F—See PhilaRT 70 45 25 ... Hartford Electric Light Ilium & Power Secur 1st pref.100 102 7% preferred IqO Lynn Gas & Elec Co 25 Mackay Companies 4% pref.. 100 5% 3434 75* Hartford Gas com Preferred $6 preferred 115 10341 34 —... 108 Preferred 100 Lowell Electric Light ._25 Luzerne Co Gas Sc El $6 pref.100 Warrants Mass Utilities Associates 97„ * 855i Idaho Power 7% pref 6% 1st preferred "234 * 100 Hamilton Gas common v t c Hudson County Gas 7% prior preferred 100 Contlnen Pass, Ry—See Phila R T Orescent Public Service com——1 Cuban Telephone pref ---100 Cumberland Gas com—— 1 Cumberland Co (Maine) Power & Lt 6% pref——.100 534 % preferred 100 Dallas Power Sc Light 7 % pref 100 6% preferred * Denver Tramway com Preferred Pass—See PhilaRT 25 Gas $1.25 pref Greenwich Wat & Gas 6% pf_100 Gulf States Util $6 pref. * Havana Elec * . Common with warrants Common without warrants 1554 40 62 Greenwich 17 6634 114 100 5%_preferred series A Cons Edison Co of N Y 234 -100 100 * * cl A__ 6% preferred 100 6% prior preferred 100 6% non-cum 2d preferred -.100 Mass Power & Light Associat'n— 64 1 97) 1043 Amer dep rets for ord shs £1 Market St Ry(San Francisco). 100 17 $3 preferred - Conn Gas & Coke Sec pref com Maiden Electric Co...... Maiden & Melrose Gas Lt Warrants Germantown .... 30 Gen Telep Allied Corp $6 pref..* 4834 25 1 * 25 —.1 25 Manhattan Railway 7% guar 100 Modified 5% guar 100 Marcon Int Marine Commun'y— * Gen Wat Gas Sc Elec com A 1) 943 110 102 14 $2 Preferred * 100 434 54 * 20 * $3 conv preferred M Optional warrants $6 preferred Community Pow & Lt com— First preferred 6% Community Pub Serv com Community Water Serv com 7% preferred Concord Elec Co 6% pref 48 334 7334 common.. 5% preferred Gen Telephone Corp com 104 Commonwealth Gas.—. Commonwealth & Sou Corp com * 354 * * preferred! 100 , 3^ * 70 116) 2234 25 52 5234 * Gen Italian Edison Elec Oorp— Amer shs for ordinary stock.. General Pub Util -.100 100 98 42 * pref ser A 75 100 — 4034 Gen Gas Sc Elec (Del) com A..* $6 "r 100 5% preferred 100 6% preferred. —100 7% preferred 100 Louisville Railway Co. 100 120 7% preferred 100 Columbus & Southern Ohio Elec preferred A Louisv Gas Sc Elec 30 31 33 42 135 100 Gen Public Service Oorp 6% 334 —100 Preferred Columbus Delaware & Marion 6 34 % preferred B Commonwealth Edison Co Co. R.T. Phila 100 Corp 634% preferred 100 Long Island Lighting com * 7% preferred A.. lOO 6 % preferred B 100 Los Angeles G&E Corp 6%pf 100 Louisiana Power & Light $6 pf_* 1634 Franklin Telegraph (guar) 100 Gardner Elec Light common. 100 $6 82 84 100 100 100 6% preferred series A 5% preferred 5% conv preferred S'thwark—see Gas Utilities Co 10754 1134 Coast Co Gas & El 1st pref.. 100 Colum G & El Corp (Del) com..* & 5% preferred Lone Star Gas ""34 $6 preferred * $634 preferred .* $7 preferred * Fitchburg Gas & Elec Light..50 Florida Power & Lt $7 prer * Foreign Light & Power units * "a"* Laclede Gas Light 5% preferred Lexington Wat Serv pref Lockhart Power pref 17 15 * Federal Power & Light com 50 Fed St & Pleasant Val—See Phila Federal Water Service com A..* common Lawrence Gas Sc Elec Lt Lexington Util 634% pref 54 * Gary Elec & Gas common Gas & Elec of Bergen County. 100 254 3954 common. 58 —.25 93 57 .... 6% preferred 100 534% preferred 100 City Power Sc Light— 1st pref $6 series B ..# Kansas City Pub Serv v t c —.* 7 % preferred vtc * Kansas Elec Pow 6% pref 100 Kansas Gas Sc Elec 7% pref.. 100 6% preferred 100 Kansas Power Sc Light— 1% preferred 100 .'% preferred 100 Kentucky Utilities 6% pref.. 100 7% preferred -.100 Keystone Pub Serv $2.80 pref..* Keystone Telephone $4 pref 50 Kings Co Ltg 7% pref 100 r 834 34 Frankf'd Citizens Traction—See Phila Co $4.50 preferred Cleveland Railway 185 Federal Light & Tr com Preferred ($6) 40 Cleve Elec Ilium * 100 & 70 Phila R .1.. 38 Citizens Utilities 59 56 10 Fall River Gas Works Cities Serv Pr & Lt $6 pref Preferred BB 54 Fairm't Pk & Hadd Pass Ry—See Fall River Elec Light 25 9954 93 110 98 7 ---100 18 * European Elec class A Option warrants 9854 16 8 * Essex & Hudson Gas —-_ 82g34 6 25 Engineers Pub Serv com $5 convertible preferred $534 Pref (with warrants) $6 preferred 100 100 27 80 25 Preferred Chicago Rapid TransitPrior preferred A 100 Prior preferred B 100 Cincinnati Gas Sc Elec 5% pf 100 Cincinnati Gas Transp 100 Cine New & Cov Lt Sc Trac—100 Preferred 45 35 35 35 - pf-* Central West Co. com 5 Chester Water Serv 534 % pref—* Chic City Sc Con com part ctfs__* Pref partic ctfs * Chic Dist Elec Generat $6 pref.* Chicago Rys partic ctfs series. 100 Scries 2. 100 Series 4 34 100 634% preferred 100 6% preferred 100 Empire Power Corp partic stk * $6 preferred * Empire Telephone com * Cent Vermont Pub Serv 6% ' 54 215 61 Preferred 7% Central States Pow & L $7 pf—* Series 3 44 50 com * 7% pref—100 99 87 89 ansas 500 Eliz Sc Trenton RR 1 100 —100 of 1929—100 6% cum pf (without 93 . * i* 2334 Warrants 100 H> Jamaica Pub Service Ltd "* r Preferred 100 r 130 Jamaica Water Supp 734 % pf—50 5334 Jefferson Electric com * 35 88 Jersey Cent Pow & Lt 7% pfllOO 106 * preferred Central States Edison Central States Elec Corp 6% preferred Italian Superpower Debenture rights 634 • Preferred Iowa Southern Util 53 warrants El Paso Electric Co (Del) — Preferred series A 7% 100 El Paso Nat Gas com---—----3 100 634% preferred... $7 preferred i._; 62 Optional 6% pref..100 7% preferred Iowa Pow & Lt 7% pref Iowa Pub Serv $6 pref... 6534 * 2d pref series A 6 18 36 Iowa El Lt & Pow 5734 534 534 1734 * - i * Investors Telephone com..... Iowa Electric 634s pref 100 68 1 * 13 * 534 Elec Power Sc Light Corp.-..--* 3634 $6 preferred 128 —* * 1 * Preferred Prior lien * 15 * Interstate Power pref $7 3 56 54 25 Eastern Util Assoc com Conv stock * Edison Elec Ilium "(Boston).-100 Electric Bond Sc Share * pf 100 1 Cent Arkan Pub Serv Corp 78 73 ——-* * * Warrants Interstate Natural Gas.... 534 100 pf 100 101 15} 1 $1.75 preferred $3.50 preferred. 11 6% preferred..——---100 Bid Class B 40 Eastern States Oorp com..-.---* Hydro-El Oorp 6% 1st pf 100 $6 preferred 5% adjustment stock „ East Shore Pub Serv 634 % pref—-100 Carolina Pow & Light $7 39 55 aI* 6% 1st pref stamped------100 6% pref B stock 100 ---100 - Canada Nor Pow com 100 _ 634% pre^— Calif-Oregon Power Co— 6% preferred series of 1927 100 Par International Ry v t c 100 International Telep Sc Teleg * International Utilities a...... '* 100 434% prior preferred Eastern Mass St Ry com — Amer dep rets Calif Water Serv 6% 5 Stocks Stocks Ask Bid Ask A ord—£1 Amer dep rec 734% Amor dep rec B ord Par Eastern Gas Sc Fuel Assoc's com * 6% preferred 100 Bid Par Stocks Can STOCKS PUBLIC UTILITY 80 100 —200 100 58 10334 16 70 120 J July, 1937] PUBLIC Quotations for all securities Stocks Par Bid New Brunswick Light— Heat A Power J 00 New Kng Gas A Elec Assn— 36% preferred stamped * New Kng Pow Assn com —* 6 % preferred 100 New England Pow Oo pref—100 New England Pub Ser com 7% prior preferred 7% preferred 6% preferred 6% prior pref New England Tel A Tel 100 New England Water Light A Power Assn 6% pre. .—100 New Haven Water60 New Mexico Gas com.... 6% preferred 50 NJs Hud Riv Ry A Per pref 100 New Jersey Pow A Lt $6 pref—* New Jersey Water pref 100 New Orleans Pub. Serv com...." 7^o preferred New Rochelle Water 7% pref 100 N Y Mutual Telegraph 26 N Y City Omnibus common....* Option warrants N Y Pow A Lt Corp $0 pref 7% preferred 100 New York Railways Corp— 17 non-cum preferred. * N Y A Richmond Gas 6% pref100 N Y A Queens El L A Pow— Common are as near as Ask 120 61 17 23% 10% .... ^ —.100 7% preferred 100 Public Serv of Okla 6% pref.. 100 ! 7% preferred— 100 I Public Serv El A G 85 pref. * Puget Sound Pr A Lt 86 pref * 85 prior preferred * Quebec Power common * Queens Borough G A E 6% pf 100 Radio Corp of Amer— * 85 cum pref B ..» $3.50 conv 1st pref * Rapid Transit Ry—See P 8 Corp Republic Nat Gas com ] Rhine-Westphalia Elec Pow— 45 5% 32 96 Class A Rio Grande Valley Gas 104 Riverside Traction.. Praerred Rochester Gas A Electric— 70 90 29 26 41 (5%%)— 26 Pacific Lighting Corp com * Preferred ($0) ....* Pacific Pow & Lt 7% pref....100 St Louis Pub Serv common 7% prefen ed 135%| 20% 137% 133% 120 59 32 42 Pennsylvania Gas common.....*, Penna Gas A Elec Corp $7 pref..* Partic class A stock *' Penna Gas A Elec Co 7 % pref.100 com South Carolina Power 6% pref— Southeastern Gas A Water A—.* Common. * Southeastern Pow A Lt-^ Warrants. South Calif Edison common.—25 Preferred * Last sale, n Nominal, r Canadian price, 114% *.?. Warrants 100 52 cum preferred-.!—— & Elec I (Conn),com!* United^Gaffcorp"coin!!! 37 pref series 10? A ♦ Warrants 74 74 —!!! 68 8% .!""""* SSfea?!?;;;-'! " Class B common..... 32.75 preferred !!!!!! 33 Preferred...—...... 79 65% 66% 5% 5% 9% Script 10% 35 115% 103 80 109 30 1% 12% 26% 89 10! 156% 107% 37 118 106 83 113 33 2 14 5% 27 91 103 72 69 % % Ex-dividend. * wp^Jd,.?.!?..pref--l62 , 7% A..!!!!!l common Class B !!l i .... pref. _!_!!!!!!! inn A Pow^ — 36 preferred ♦ cum (Virginia Elec Virginia Pub Serv 7% 6% preferred 4 14 10 50 30 32 100 pref—100 100 40c" Washington (D O) Gas 4 4% 13% ..* Utilities Power A Lt cl 97 97 90 12 * "♦ pref!!! 155 ....... 70c ~~i ~ United Tel A Elec 6% 7% preferred Utah Power A Light— 36 preferred 37 preferred- iig 1% 105 106 * * pref..!!—!" 6% Pref-IlOO 64 18 66 8 ~* A. Common B 6% cum 1st 17% 100 x 12% • 99% 105 27 62 Southern Canada Power.......*; Southern Col Pow oom A— 25 l (New Bedford)—100 33 SSifo Pi OoofN«w Ha"TOi::::« United Lt A Pr com 35c r "~ko 109% South A Atlan Teleg (guar)—25| (Southern Indiana G A E— 4.80% cum preferred —100 Called July 1 at 103. S11!011 "* com Phila R T 118 92 90 5%% preferred series 0..—.25 6% preferred series B ..25 Original preferred ......25 ... ♦ [Union Pass—See 38% Ry—See Phila R T . System Preferred 145 125 105 * Shawinigan Water A Power *, Sioux City Gas A El 7% pref.100 Sierra Pac Elec 6% pref 100 South Amer Utilities com ...50c 84 preferred .....60 ^toj^da)::;;;;:;;.10? Union Gas 107 99 111 Seattle Gas common—.. * 1st 85 preferred..........100 2d 35 preferred.. —* Second Ave RR Cop (N Y) ♦ 2d A 3d Sts 25% 1083 Pennsylvania Power 6% pref.100 6.60% preferred.. —100 Pennsylvania Pow A Lt $7 pref.* $6 preferred ..* $5 preferred * Pennsylvania State Water, pref.* Penna Telephone $6 pref 100 Pennsylvania Water A Pow.—.* People's G L A O (Chic) 100 union . Non-voting 7% prior preferred 100' 6% prior preferred 100 Savannah El A Pow 6% pref.100 Scranton Electric 86 pref—..* Scranton-Spring Brook Water Service 0% pref——.* 6 20 108 54 San Antonio Pub Serv 7% pf.100 8% preferred... 100 Sangamo Electric com new —.* San Joaquin Lt A Power— 103 71 65 .100 ISo ..... 109 96 96 88 * * 111 J1 60c 30 1 60 —50 Dref United Gas Improvement 35 preferred tl" 6% preferred series C J00 6% preferred series D 100 5% preferred series E 100 Roch Telep 86% pref. —100 Rockland Light A Power 10 St Louis County Water pref..100 103 25 21 1st preferred 8* » Electric Qo of Missouri— 7% preferred.. 100 99 130 185 71 common Union 18% JX 83 22 113% * * com..—!..—-1 Elec preferred 103 110 43% EX —100 100 Tidewater Power 6% 6 97 38 135 123 119 100 41% 4% 7% 42% 105% 108% 97 5 Ridge Ave Pass—See Phila R T 28% Ottawa Traction —.10b Pacific A Atlantic Tel (gu) 25 Pacific Gas A Electric........26 1st preferred (0%)—......26 17% 8% 80 106 11% * 12% 100 . Amer shares representing com. Rhode Isld Pub Serv 82 pref * 100% & Bridge 4% cum pref 100 Oregon W ash Water pref. .....* Ottawa Light Heat A Pow...100 Penn Wpstern Gas & El ——.* — * ............... * * 100 —.100 —.100 Common 6% preferred Oklahoma Gas A Elec 7% pref 100 6% preferred 100 Okla Nat Gas Corp oom—....15 Preferred 60 6% preferred 100 Omaha A Council Bluffs Railway ..... pref-* 85 preferred * Consolidated Trac of N J.. 100 Rapid Transit St Ry Co 100 So Jersey Gas A Elec Trac—100 Public Serv Co of New HI.. 60 N'western Pub Serv 6% pref-100 7% preferred 100 Northwestern Telegraph......60 Ohio Edison 16 pref...........* 17 preferred —* Ohio Elec Power 6% pref 100 7% preferred 100 Ohio Power 6% pref 100 Ohio Public Service 5% pref. 100 6% preferred ......100 7% preferred 100 Ohio Service Holding com......l 5% preferred .........5 Ohio Valley Gas com —..1 Common non-voting........* 1st preferred * Pacific Telep A Teleg 100 6% preferred 100 Paterson A Passaic Gas A El 100 Pecos Valley Pow & Lt com * Peninsular Telep Co com.. *, Preferred— 100 Penn Central Lt & P $6 pref ..* 82.80 preferred ...... * Penn-Ohio Edison— Warrants... Warrants B.......—....... Co'of N H_86 8% preferred— 7% preferred 6% preferred 100 6% preferred Pacific Public Service- Serv 107 112 112 118 103 100 100 100 100 5 xol* ♦ pfldo Te3sc ♦3.50 o 2% 4 1 .Texas Blec Service $6 pref... [Texas Gas Util 21 85 preferred Public Serv Corp of N J Nor States Power (Del) cl A .100 7% preferred .......100 6% preferred ........100 15 series cum pref...........* Northern Texas Elec 6% pref.100 Northwest Electric 7 % pref—100 North West Util 7% pref.....100 Preferred 38 97 93 * CMass^B °W & Lt 00111 102 32 4% 33 .* hizJS* Preferred 16 (6%) ilH ' j4 cum preferred Q.fo cum prior pref. Te^^seeElPi8t pref (7%)Ii00 34 27 [Public Northern Liberties Gas 26 Northern N Y Util pref.— .100 North Penn Gas 7% pref—...... com 30 6 15 ♦ Tacony-PatoJra'Bridg^ 36 6 3 5 prior pref. pr<*- 24 31 cum Preferred"— !I!!! !!!II alL?er^r Wat Lt, A Pow 12 52 62 62 fft TirPfftTTfiH 7% preferred.——......100 5%% preferred 100 Ohio Water Service A 63 21 40 * 7% Swiss American Elec pref 62 24 14 70 10 ... pref 100 7% prior lien $ 55 20 12 46 46 47 7% preferred.. 100 .Portland Gas A Coke 7% pref 100 Portland Gas Light 50 Postal Teleg A Cable 7% pref 100 Potomac Edison Co 6% pref..100 7% preferred —100 Potomac Elec Pow 6% pref...100 5%% preferred —100 Power Corp of Canada com Providence Gas Public Elec Light pref 100 Public Serv of Colo 7% pref..100 6% preferred 100 Public Serv or Ind prior pref- . 6% 35 100 A...* 6% pf 100 11% Pitts Suburban Wat pref—.—100 Plalnfield Uqion Water * 6% preferred.............]00 7% preferred 100 Northeastern Wat A Elec com..* Ooip sSa&'tt.5"0? 28 Ridge Ave Pass (828 pd)—50 2d A 3d Sts Ry guar 50 13th A 15th Sts Pass Ry——50 Union Pass (830 5-6 pd) 50 Union Traction (317% pd)_50 We6t Phila Pass guar 50 Phila Traction—See Phila R T [Portland Elec Pow 6% pref com £lty Water 111% 31% ; Lt A Pr Preferred 115 Philadelphia Traction—...50 ... Telep—100 tt0^ El A Tr~8ee"P S Southwestern .7 Phila A Darby Pass Ry 50 Phil A Gray's Fy (826 pd)—50 .... ........ Ask 77 ■22" 60 25 PhilaCityPass Ry(322% pd).60 5% preferred 100 New York Steam Oo— Common 17 preferred series A 86 preferred NY Telephone 6 %% pref—100 N Y Water Serv 6% pref 100 Niagara Hudson Power..... 10 1st pref $5 series..........100 2d pref 5% series A........100 2d pref 6% series B........100 Class A option warrants....... Class B option warrants North American Co com.......* 6% preferred 60 North Amer Edison 16 pref * North Amer Light A Pow 1 16 preferred ........* Nor Amer Utility Sec.. .......* Nor Bost Ltg Prop com........* Preferred .....100 North Continent Util com...100 | * 119 1I1 Frandf'd A Southwark Pass .50 Germantown Passenger.—.60 Green A Coates Sts ($16 pd) 50 Hestonville MAP com——50 Preferred 50 107% common 69K * 25 Philadelphia Rapid Transit—50 7% preferred1 50 Citizens Passenger guar 50 Continen Pass Ry (829 pd)_50 Fairm't Pk A Haddington..50 —— mm -* Monongahela Lb A Pow 50 Monongahela St Ry_-------60 Phila A Darby—See Phila R T Phila A Grays—See Phila R T Philadelphia Elec Co com.——* 99 Bid com..* Union Gas com.——.* Preferred ok 76 14 18 8 60 85 preferred Phila Elec Power 8% pref 6 aSJfei 70^ southern 66 Federal St A Pleasant VaI—25 107 B [So Jot G Duqueene Light 6% 1st pref100 112 Pari Nat Gas class A 50 Allegheny Traction 101 of Issue Stocks [Southern Class 98" Citizens Traction 50 Consolidated Trac pref——50 «• Pub"8 er h Common class B—...——* J Philadelphia Co com 85 preferred 6% cum preferred 86 cum pref 39% 81 Ask 4 Preferred. - Nor Indiana Bid Peoples Light A Power com A..* Peoples Water A Gas pref ---100 Peoria Water Works 7 % pref_100 Phila City Pas*—See Phfla R T .... - STOCKS Par Stocks 1 . ...... UTILITY possible for the closing day of the month preceding the date 20 100 Wash (D O) Ry A El com..—100 Wash Gas A Eleci 7% pref Preferred 100 Washington Wat Pow 6% pref—* West Penn Elec Oo class a * 7% 6% cum preferred cum preferred —.100 —100 100 6% preferred :...100 West Phila Pass—See Phila R T West Texas Utilities 36 pref—* West Va Ohio River Bridge— Common Preferred "!!!". West Penn Power 7 % pref 77% .... West Va Water Serv pref..—.!' Western Lt A Tel com 1 Preferred... —.251 Western Massachusetts Cos——' Western N Y Water pref ' Western Union Telegraph— 100 Westmoreland Water pref ♦ ..._ 96 Wheeling Elec6% pref .100 Williamsport Water pref———_r Winnipeg Elec class A—........ 108% 99 1 6 24] 25] 26! PreSrred———!!!!!!!!!!I56 Wisconsin Pow A Lt 6% pref.100 7% preferred 100 Wisconsin Pub Ser Corp 7% pflOO - _6% % preferred—— Wisconsin Telep 7% pref J* 73 24 100 100 Worcester Trans Assoc * York (Pa) Railways pref..——60 York Water Co 87 ♦ Without par value. ...... 3! 3 23 63 , 65 68% 93 Securities" we include all issues which do not appear "Investing Companies" and "Public Utilities." Land," In the c^of stocktlhowever,"we putw"textile"Manufacturing," "Insurance," "Mining," "Real Estate and of the "Title Guarantee and Safe Deposit Companies" under separate heads, then follow with the rest heading "Industrial and Miscellaneous three headings, namely "Railroads" Under the the previous er Miscellaneous." "Industrial and NOTICE—All bond prices are "and interest" except where Quotations for all securities are as near as BONDS 1942.M&S MISCELLANEOUS 103 M 105 A J&D / 8U* deposit——— f 94 100 M Acadia Sugar Ref 4Ms 1955. A&0 97 M Adams Exp coll tr g 4s 1948-M&S 99 M Coll tr g 4s 1947 "---l&V 100 M 10-year 4Mb debs 1940—F&A Addressograph-Multigraph Corp 4-4 MB 1938-1939 A&O 100M 95 deb 6s Abitibi Power & Paper— 1st M 5s 1953 ser Certificates of 5-5 Ms Advance Bag & 101m 100 100 m Bowser (S 87 Akron Times-Press 77 1st series B 68 1955 Alberta Pacific Grain - 6s 1946 15-yr Amer Amer ---- 99 M 48 5M% notes 1956---—J&D/ A™ Lime & Stone 5Ms '51—M&S Am Mach & Metals 4s 1943—J&J Amer Radiator deb 4Ms '47-M&N American Rolling Mill— Sinking fund deb 5s 1948--J&J Amer Seating 6s stamped 1946-— Am Tobacco deb 4s 1951——F&A Debenture 6s 1944 A&O 71 100 90 105 m 73 106 102 m 102 102 m 103 m 118m /118 96 '42--M&S 6s 1947 J&J / 38 37 m 45 / / _ 28 21 E* 96 103 m 30 25 97 m 96 m 103 m 46 ; 47m 73 1941.A&O Asbestos Associated Mtge Co 2-6s 1953 Atl Gulf & W Indies SS Lines— J&J 77 22 Atlanta Laundries 6Ms w w 1943. Atlantic Ice Mfg 6s 1945 F&A Atlantic Refg deb 5s 1937—J&J 72m 96 106 61 30 ... 49 M 106 99 M Avery (B F) & Sons 5s w w'47J&D Baldwin Locomotive Works— 144 6s with warrants 1938 M&S 144 Stamped w w 1938 M&S 6s without warrants 1938-M&S / 140 Stamped ex-warr 1938.-M&S f 140 102 1st g 5s 1940 M&N 104 5s assented 1940 Baragua Sugar Estates— Cum inc deb 6s 1947, ..J&J Barber & Ross 4s 1945.1—..... Bates Valve Bag Corp— 54, 70 101 1942—..F&A Bayway Terminal— 12 1st mtge 6Ms 1946-..,—J&J 12 Certificates of deposit Beattie Sugar 7Ms 1943 ct&. J&D 33 Bedford Pulp & Paper 6Ms 1942- f 101 99 Beech Creek O & C 5a 1944..J&D 97 Bee News Publishg 6s 1943-M&N 106 Beneftcial Loan Soc 6s B 1939 Q-J 105 68 profit share deb 1956 Q-J 15 Berkey & Gay Furn Osstpd 1941. 70 Bethlehem Fdy & Ma 5s*44 A&O ... 36 63 102' 160 96 5 123 m 1941—M&N 79 m 28 98 106 160 141m 141m 105 M 56 102 14 14 87 —A&O 102 92 m 81m 96 m 99 99 99 92 92 92 5Ms 1948 ser A__M&S Connor Lumb & Land 6s '41 M&N / Oonsol Biscuit 1st 5M« B '46 M&S 1st 5Ms ser O 1946... J&D Consol Cement Corp— Cum inc 6s 1950—-—..F&A Cum inc 6% notes 1950—F&A g Consolidated Laundries— Extended 6Ms 1941—_—A&O Consol Oil s f deb 3 Ms 1951-J&D Oonsol Paper Corp 5Ms 1961 Consol Textile 1st 8s 1941—J&D Consolidation Coal Co— Sinking fund 5s I960-.....J&J - Co 1st 6s 1946—J&J Contairter Corp 1st 6s '46-J&D15 Deb 5s 1943 with warr.-J&D Continental Roll & Steel Fdy 109" 101?7 1st M conv s f 6s 1940 J&D Copley Cement Mfg 6s '41—A&O Coplay Press 5Ms 1943 F&A Cosden Oil Corp 1st 6s 1938-M&N Gen lien 6s 1938--. M&N Cosden Petroleum conv 5s *47 J&Jl t Galled July 1 at 100. "> b Basis. 103 69 62 71 64 70 103 It* 81 80 100m 86 m 36 59" 83m 84M 88 m 90m 102 M 103m 102 M 28 35 30 1st & coll 3s 29 83m 101M 1937-1939—-J&D 1940-1942. J&D J&D 96 m 1st & coll 4Ms 1951 Mfg Co 3Ms 1953.-M&S 30" Inst 7s '63A&0 40 j Federal Screw Wks conv 6 Ms *39. Federal Sugar Ref 6s ctf '33 M&N / .... Fiat s f deb 7s 1946 ...J&J 95" Filtrol Co of Calif 5s 1946— J&D Finland Residential Mtge Bank 101) a f 6s stamped 1961 M&S 1033 Firestone Cotton Mills 5s '48M&S Firestone Tire & Rub of Calif— 105 Sf 5s 1942 M&S Farmers " Farmers Nat Mtge 101 101 S0} 94 94 First Bohemian Glass Works— • 94 J&J 1st secured 7s 1957 98 96 m 98 m Follansbee Bros 5s 1947— 100 Conv g 95 102 103m 105 m 100 Forest Lawn 1st s 65 66 101 J&D f 6s 1949—J&D 103 98" Ind & Dev Corp— 108 m Deb 7 Ms 1942 J&J 65 M Francisco Sugar 6s 1956 M&N Franklin Coal Co 7s ws 1949-J&J 1 45 105 French Nat Mail SS Lines 6s *52 103 M Friek-Reid Supply 6s 1943--J&D 94 H Fruehauf Trailer deb 4M»'47A&0 90 Gair Gelsenkirchen Mining Co— 49 m 103 83 100 m 101 §1* 38 104m 104 y 101 100 102 61 It 98 110H 115" 104 m 95m 92 (Robt) income notes 6s 1972 M&S 82 3s 1940.J&J 101 6-yr 6% notes 1934 6s 1937 6s 1940 Gen Amer Transport 54 95 A 3m 90 69 m 6M% notes 1946-A&0 Framerican 101M 67 m 59 41m Flour Mills of America Inc— 5l" XRiK 97 102 99 m 99 1st & coll 3 Ms lOl" 105 77 35 deb 1956—J&D Canadian— 20-year 4s a f Famous Players 102 m 94 m 82 M 65 98 91 mmmm v 75" 67 60 (Germany) 7s '45. J&Jl 5 6Ms 1940— J&D Debsf 6s 1948 M&N (Jen Finance conv deb 5s '46.F&A Conv deb 5s ser B 1951 J&D Gen Motors Acceptance Corp— 10-year deb 3s 1946——F&A 15-year deb 3 Ms 1951 F&A Gen Rayon deb 6s 1948 w w. J&D Gen Stl Cast 1st 5Ms '49 w w.J&J Deb 92" 105 104 m •; 37 39 31 31 . 32m 126 100 i55m 101 101m 10054 100 m deb 6s 1940.A&O (Jen Vending 6s 1937 F&A Certificates of deposit Georgia Marble 1st 6s 1950-M&N German Atlantic Oahle 7s 1945 — Gen Theat Eq / This price includes accrued interest. 102 100 M 90 m 3% notes 1941-1942 J&J General Bronze deb 6s '40-.M&N General Cable Corp— 1st mtge sf 5 Ms 1947 ser A-J&J Gen Elec 101 1 55 ... 65 100 110 53 12 98 102m 70 96 m 66 m 109 x 51 Emporium Capwell Corp— 1st 4s 1952 J&J 4% notes 1942 J&J Erie Elec Motors 5s 1941 125 Ernesto Breda 7s 1954 F&A European Mtge & Invest— 83 1st lien 7Ms 1966 ser B...F&A 30 7Ms income 1966 1st lien 7s 1967 ser O M&S 7s income 1967 106m Everlastik Inc 1st 7s 1937.M&N Fairbanks Morse & Co— 90 45 99 107 m 100 mmmm 102 6s 1943 40 Consumers 96m 85M ^ Duplex Razor 6s 1955 Eastern Car Co Ltd 6s 1952-J&J 101M Eastern Cuba Sug 7Ms '37.M&S Eastern Dairies 6s May 1 1949— Eastern Mfg 7s ser A 1938—J&D 118 East Temple Corp 6s (w s) 98 m Eaton Paper 1st 5Ms 1943.M&N Elec Auto-Lite deb 4s 1952.F&A Elk Horn Coal 1st 6Ms 1931.J&D 100 7% notes 1931 ...J&D 8m Coll s f 4s 1956 —J&D Empire Oil & Refg Co— 1st & coll tr 5 Ms 1942 A&O 97 Empire Sheet & Tin Plate— 71 AB 1948 Q-M 1952—. -Q-J f 5s 1943.F&A f T 76 Income 5s 1970 95 Colo Indus 1st 5s A & B 1934 F&A 96 m Oommerc'l Credit 3Ms 1951 A&O 98 M 2Ms debentures 1942. J&D Gomm'l Disc t (L A) 6s '39—A&O Commercial Invest Trust Corp— 100m Debenture 3 Ms 1951..—J&J Commerz-und Privat-Bk Germ'y) / 46 m 5M % notes'37(Am pt ctf)M&N Commonwealth Subsidiary Corp- - 101 101H Durham 69 6s series AO 5s 1950 > 1 J&J City Ice (Kansas) 6s 1940—A&O Clearfield Bit Coal 4s 1940--J&J Cleve-Cliffs Iron 4Ms 1950.M&N Cleve Tractor conv 5s 1945.M&N Collateral Bankers Inc— 7s series A & B 1960 Q-F 7s series O 1959———Q-M 7s series D 1956--. Q-J 6s series AA 1953 Q-F Deb 105 84 m Debenture 5s series A 1955 Debenture 5a series B 1955 74m 160 99 Colo Fuel & Iron s 99 6% conv notes 1045 M&S Atlas Pipeline Corp 6s 1945-M&N Gen conv 6s 1950 Auburn Automobile— Conv deb 4 Ms 1939 J&J Autocar Co 7s ext 1947 M&N 55 / 6s series 73 m 99 J- Atl Sug Ref 1st s f 4s *51.—M&N Atlas Imperial Diesel Engine— Called Aug. 15 at 105. . Chicago Stk Yards 5s 1961.A&0 Childs Co deb 5s 1943 A&O Chilean Nitrate inc 5s 1968—J&D 72 72 A&O Corp inc 6s 1941—J&J 1100 ♦ 6 Term & Cold Storage Debsf 5Ms 1942 70 70 1st 5s Feb 1 1952 Deb 6s ex-warr 10 / Deb s f 5Ms 1948 M&S Cespedes Sugar 7Ms Sept 1 '39— Champion Pap Corp 6s 45--F&A Champion Paper & Fibre Co— 4Ms s f deb 1950 M&S 98 98 B 5s Jan 1 1959 117m 97 m Chateaugay Ore & - Coll tr g 98 m M&S M&S Iron— Guar gold 4s 1942 Chic Pneumatic Tool Co— / sink fund 6s 1942-J&D Dufferin Paving & Stone- 63" 101 Certain-teed Prod Corp— 33 m 98 m 102"" 100 105m 1st mtge 62 47 40 35 Driver Harris Co— 6Ms 1952 1st 8s 88 m 102 50 m 40 '55—M&S 104m .73m 39 31m _ Arnold Print Wks 6Ms Dominion Textile 4Ms 101 Central Steel 105 m Anthony (E C)— 1st s f 6s (San Fran) 1942.J&D 1st 8 f 6s (Los Ang) 1942--J&D Arcade Malleable Iron 7s 1943 Armour & Co of Delaware— 1955.F&A 1st mtge 4s series O 1957.-J&J Armstrong Cork deb 4s 1950-J&J Central Ry 33 87 m 100m M&N Deb 4M« ser A 1951 21 ,106 40 105m Anglo-Chilean Cons Nitrate— Sink fund income deb 1967 J&J / Antilla Sugar Estates— Income deb 6s 1951.—-J&J f 1st M 20-yr 4s ser 125 101 34 30 Dominion Tar & Chemical Co— 104m 108 M 1947.F&A 1st mtge 6s 1941— Gen mtge 5s 1941 32 _ 73" Central Foundry Co— Am Wire Fabrics 1st 7s Anaconda Copper Mining Co— Sink fund deb 4Ms 1950--A&O Debenture 4 Ms w w 90 / 150 'W-S) 1949 Non-cum inc 5s (ex-etk) 1949— / 82 97 Dold (Jac) Pack 1st 0s '42. M&N 104 m Dom Coal 1st s f 5s 1940 M&N Cum inc deb 6s 1955 M&S /101M 104 Dominion Steel & Coal 6 Ms 1955 103 m —J&J 15-yr deb 5s with warr '50M&N Carthage Marble 6 Ms 1942 Cassco Corp inc 6s 1949 M&S Celotex Corp— 97" 92 f 6s Oct l&O155'60 A / Donnacona Pap 4-4 Ms '56-.F&A Dow Chem Co deb 3s 1951-.J&D Ltd 4s'51M&N 105 m _ — 93 s 107- 1946--M&N 25-yr guar 5s 1955 M& Canadian Vickers 6s Aug 1 1947. Caribbean Sugar 7s stmp 1941—Carriers & General Corp— 105 Farm Ln Ts 1941 F&A Can Cement 1st 4 Ms ser A'51 M&N Canada SS L deb 5s '43—F&A15 1st & gen M 6s 1941 ser A.A&O 1st & gen 5s 1957 Canadian Bakeries 6Ms '45.M&S 100 m 101H Non-cum inc 5s 64 20 JRR>* 105 103 m 73 m Dickey (W S) Clay Mfg Co— §°4* 104m J&J Canadian Nat Steamships— 103 m 70m 63 m 50 67 Canada Bread 6s 1st M 6s 1949 80 60 ctfs 1942 Campbell River Timb 6s '41-J&J Canadian Canners s Deutsche Rentenbank— 44 88 Camaguey Sugar 7s 100 m 52 96 106 M 104 m 102 m 60 100 m f Nov 1 1950—M&N Crown Wlllamet Pap 6s '51.-J&J 66 Crucible Steel Co deb 5s '40.M&N 61 J&D Cuban Tobacco 5s 1944 61 Cudahy Packing 3 Ms A '55-M&S 104 Conv s f deb 4s 1950. -.M&S Dairyland Inc 1st s f 5s 1946.M&S Davidson Chem 6Ms 1937—A&O De Bardeleben Coal Corp— 90 1st mtge 6s 1953 _J&D 89 m Certificates of depositM&S 106 m Deep Rock Oil 7s 1937 Detroit Times deb 6s to '43.M&S Deutsche Bank (Berlin)— 6% notes (Am part ctfs)..M&S 96 Stamped (Mar '33 coup on) '35 6s extended 1938 M&S 116 15-yr 4s 69 Canadian Internat Paper— _ New conv 6s 1961 104 m 106 M 59 94 M&N Crown Cork & Seal Co Inc— 78 1955 100 58 19 41 . California Packing Corp— Cons deb 5s 1940 106m 1949 M&N International Corp— Oonv 5Ms 1949 J&J Amer La France & Foamlte— - 112 A&O J&J *60—A&O 100 M Butterick Co 6% notes *39—A&O 98 m Byers Machine 3-6s Cons g 5s Jan i55m Oonv deb 5Ms Amer Writ Paper 1st Certificates of deposit 95 92 Bush Term Bldg 1st 5s 41m Amer I G Chem Corp— American Type Founders Inc— Conf s f deb 2M-5s 1950—J&J 95 Bush Term 1st 4s 1952 Canada Biscuit 6Ms 6s 1942 F&A (Pa) 6s '48--J&D Dept St's (Del) 6s *47-J&D Ice Co deb 5s 1953 J&D Amer Income 5s 1958 55 55 65 Amer Colortype Amer Dept St's 105m Burns & Co Ltd 1st s f 5s 26 m 85 104 m 106 m 88 m 1961--M&S 1958 J&J / J&J J Burns Bros deb 5s A 100 m Without warrants-— New 3-6s 1943 s 98" 97 m *■ Alpine Montan Steel Corp— list s f 7s 1955 M&S Aluminum Co debs 5s 1952--M&S Aluminium Ltd s f deb 5s *48-J& J Amer Aggregates Corp— Deb 6s '43 ser A with war.F&A 89 J&J 1948 66 100 99 Mfg 6s ext 1941 (Copenhagen) f extl 6s 1940 -J&J 75 82 98M 100 M 98 m Sinking fund deb 5s 1946.F&A — Burmeister & Wain 77 97 25 J&J Algoma Steel 1st 5s 1962----A&O Allied Mtg inc coll 2-5s 1953. J&D Allied St's Corp deb 4mb '50-A&o Debenture 4Mb 1951— 102m Budd (B G) 144 * 31m ,59 M&N Bryant Paper 6s A 1942 • 59 99 X Crowley Milner & Co— Deb 5Ms 1946 19 F&A 1950 Cosgrove Meehan Coal 6Ms 1945. Co 3 Ms « f deb 1951. J&D Creameries of America— Credit Service deb 6s w w '48.Q-F 18m M&N F) 7s 1944 15-yr s f deb 3 Ms 25 1955 ----100 Alabama Co 6s 1938 M&N 100 Ala Cons Coal & Iron 5s '38. M&N / 128 Alabama Mills 6s (w s) 1953 73 Without stock Albany Perf Wrapping Corp— 61 1st M coll tr 6s 1948A&O 66 6s assented w w 1948—-— Income 6s 136m 101M 103 m 94 105 Brandram-Henderson 6s '39 M&S 6s 1956 ----British Am Oil deb 4s 1945..M&S British Columbia Pulp & Paper— 1st 6s 1950-— —M&N Gensf 7s 1950 M&N Brown Co 1st 5Ms 1946 A&O 1st 5Ms 1950 ser B M&S Brown Shoe Co Inc— 90 72 101 88 ,--r 1937—------J&J 1st 6s 45 A&O By-Prod 6s 1955—J&J Aeolian Co 6s Alabama 95 52-J&D Paper 6s Ex scrip With scrip 133 - 102 1940-1945—-----A&O 116 22 20 Crane 108m 1942 M&N Purch money 6s 1998—Q-Feb Cons M s f 4 Ms ser I) '60. - J&J Beth Steel Corp 4 Ms to 1941 J&J 3 Ms series E 1966 A&O Boston Wharf 1st 4s 1941-.-A&C Botany Cons Mills 6 Ms '34.A&0 Certificates of deposit 1st lien & ref 5s Ask Bid Bonds Ask Bethlehem Steel Co— INDUSTRIAL AND Abbotts Dairies Bid Bonds Ask Bid Bonds marked "f" and income and defaulted bonds day of the month preceding the date of issue possible for the closing * Last sale, n Nominal. 75 72 & 26 - 14 15 91 25m 27 20 25 28m MISCELLANEOUS BONDS INDUSTRIAL & JCLY, 1937] 83 NOTICE—All bond price* ere "and interest" except where marked "f" and Income and defaulted bond* Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue - Bonds Bid German Bldg & L'd Bk 6M® 1948 Glen Alden Coal M s f 4s '65 MAS Globe Industrial Loan 6s 1955 J& J Globe Wernicke 6s Oct 11944 \ 213 783 100 Godchaux Sug 1st s f 5s '47.M&N Good Hope St & Ir Wks (Germ'y) S f g 7s Oct 15 1945-.A&015 / Goodrich (B F) Deb g 61945 J&D 1st mtge 43^s 1956. J&D Goodyear Tire & Rubber— 1st mtge coll tr 5s 1957--M&N Gordon Baking Oo (Mich)— 5s series B 79 85 Gobel (Adolf) Inc■ Oonv deb 4 Ms ser A 1941 .M&S 79 74 104 HHWOOoeo 103 M 100 100 Grand Trunk Ry Term 6 Cold Stor 1st 6Ms 1952— / Graton & Knight 4 Ms '51--J&D 1st a f 5s 1955™—A&O / Grigsby-Gruno at conv 6s '36 M&S f conv 6s 1945- J&D Gulf States Steel 4 Ms 1961 .A&O Hall (F W> Printing Co— • Certificates of unstamped 1939 Harpen Mining Corp— 1942. --- —A&O Layne & Bowler 3-6Ms 1947—-. Lehigh O & Nav fund 4s *48 J&J J&J / Harris-Seybold-Potter— »■ Oonv s f deb 5s 1951—A&O Hawley Pulp & Paper Co— 1st 6s s f 1946--. J&J Haytian Corp income 8s 1938—— Hearst Magazines— 6s 1937-1938 M&S Hearst Publlca 6M® to 1947-M&N Heller (Walter E) 4s ww '46-A&0 Helvetia Coal Min 1st 5s '38.A&0 Hightstown Rug 6Hs w w 1944— Hines Land & Timber 6s '48--J&J Hoe (R) & Co 5-7s 1944A&O 4 M-6 M® 1st mtge 1944...A&O . 1944..-------F&A 1954——.—-F&A 1964—-——F&A 95 60 57 89 M 99 M 96M 100 24 100 H 97 w 25 98M 97M 97 86 85 88'" ,74 ' «.«.«■ deposit 99M 00 H 96 H Journal of Commerce 6M® 1937. Extsf 6 Ms 1947. -J&J 85" mm. mm m mm m Karstadt (Rudolph) Inc— 1st 6s 1943 with Am shs—M&N Ctfs of dep w w stpd 1943 6s stamped (par $925) 1943 6s with warr (par $925) 1943— Keith (B F) Corp 6s 1946—M&S , Kelly Springfield Tire 6s '42.A&0 6s stamped 1942Kelsey Hayes Wh'l 1st 6s '48. J&J 15-yr conv deb 6s 1948 J&J Kentucky Rock Asphalt— 8M-6M® 1945—J&D Kentucky Securities coll 5s 1940. Keokee Cons Coke 5s 1959-.J&J Keystone Steel & Wire— 2% notes 1937-1938 .M&N 3% notes 1939-1941.. M&N 4% notes 1942-1945—.—M&N Kimberly-Clark Corp— 1st mtge 5s 1943 ser A——J&J Rings Co Refrig 6s 1942—.A&O Kingsport Press 6Ms 1939--F&A Kingston Elevator 1st 6s '50 M&N Kinney (G R) ext 5«s 1941.J&D Kir by Lumber 6s 1938 —J&J16 New 1st 4s 1947 J&J16 Kobolyt Corp 6M® 1943——M&S Koppers Co— 1st M & co l 4s 1951.. M&N Kresge Foundation— 10-year coll tr 4s 1945—-J&J 3 Mi" coll trust notes 1947.F&A Kreuger & Toll— / 5s uniform ctfs of dep 1959-""♦Called July 1 at 105. b Basis, 40 42 55 . 1949. J&D / 80 1948.M&S / 45 74 88M 165 McColi Froh uac Oil 6s 1949.A&O 36 i. McCoid Rad & Mfg-* Deb 6s 1943 with warr 36 102 ; F&A McCrory Stores Corp— 5s s f deb 1951. —M&N 88 78 80 107 28M 20-yr conv deb 5Ms 1950-M&N Mead (The) Corp— 1st M 6s 1945 with warr—M&N 102M Mengel Co conv 4M8 1947—M&S Merchants Distilling Corp— 5% conv deb 1947——.—M&S Messenger Corp deb 4 Ms *51 J&J 105 104M 74*" Metropolitan Ice 7s 1954—J&J 73"" Metropolitan Wat Sew & DramBoard s f 5 Ms 19501 A&O ,102M Miag Mill Mach'y 1st 7s 1956.. f 23 QQ •'' yy 103M Mich Tann & Extract 6Ms*38M&S 1 1st mtge s f 5Ms w w j 65 08** mm 100 93 K 105 28 lsts f 5s.1953 ser A r__M&N Pearl River Valley Lumber— 1st income 4-5s 1945.....M&S / Penn Mercantile Properties— Secured 5Ms 4948-.——A&O / Secured s f 3-4s 1961--.—J&J / Pennsylvania-Dixie Cement Corp 1st m s f 6s 1941 ser A.M&S15 Pennsylvania Glass Sand Corp— 1st s f 4Ms I960..—..—J&D 71M 103/ 97) ser x-w ser 101 93 75 75 98 42 82 95 100H 100M 102M 101H 101M 65 99 100*" 99M 102 M 94 95 22 25 M mm mm 66*" 98 91M 67 M 103 H 47 42 ^ 98M 100 H 88 H 60 89 91 115 60 52 M 54"" 100 105 s 90 92 22 24 109M 85 / / 22 M 10 104 f 6s 1946.M&N 95' 14M 7 7 Pocahontas Consol Collieries— 1st gold 58 1957 op———J&J 103 M Poor & Oo s f deb 4s1946—A&O 100M Port Arthur Oinal & Dock—See RK Portld Woolen Mills 6 M®'41 M&N 98 Porto Rican Amer Tobacco— 98 M Potrero Sugar-* 7s stamped 1947 Pratt Cons Coal 1st Nat 100M 10XH s f 5s *55 J&J Pressed Steel Car Oo— 104M 105 H Income deb 5s 1951 Produce Term & Cold 106 51 1st income 6s 1958.——J&D Protestant Church of Germany— 7s 1946-.-.— A&O Dairy Prod 3Ms w w'6l M&N National Distillers Products—• 10-yr deb 4Ms May 1 '45.M&N National Fire Proofiiig n(T— _ 1st M conv 5Ms A 1946.M&N 102 Cum conv inc 5b 1952—.M&N / 48 Nat Food Products 6s *44.—M&N / 30 Coll conv 6s w s ser A '44.M&N f 6s 1943—A&O /, 38 103 M 104 M 100 Nat Radiator 6Ms 1947—F&A/ 40 Certificates or deposit. 40 5s 1946 / 52 National Steel Corp— s 1st coll mtge « f 4s June 1 1965Nat Union Mtge 2-6s ser A1954 2-5s series B 1954........ 104M 52 M 28 Laundry 6s 1936... 40 4-5s 1956.............. New Niquero Sugar 3 Ms 1937N Y Dock Co—1st g 4s *51 .F&A Serial 5% notes 1938... A&O .Certificates of deposit N Y L E & W O & RR—- • " ®Plst 6s ext 5M% 1942_ M&N 65 48 t Called July 1 at 101M« _ 56 M 55 M 55M J&J 71 90 —J&J Storage— 93 M 85 f Paper Ltd 5M« 1947—M&N 19 102M Pure Oil Oo— 15-yr s f 4 M® w w 1950-—J&J T043«32 k 113M 4K® w w drawn 1950 102«»32 4M* without warrants 1950—. — 4 x-w drawn 1950— —* *102'®32 Purity Bakeries 5s 1948— J&J Quaker City Cold Storage— lstsf 5s 1953——M&N 104 M Radio-Keith-Orpheum Corp— Part paid ctfs (for 6% deb and 54 common stock) 65% paid—Debentur» gold 6s 1941— J&D Oonvsfdeb 5Ms 1947. Railway Express Agency Inc— Serial 5s 1938 (s-a)..—.M&S 57 % Series 5s 1939-*49 (s-a)..M&S 57 54 96 M _ 53 106M 96 ... 64 Reliance Bronze & Steel 6s 1944— / Remington Rand Inc— 101 74 M&N Conv 6s 1942 Prov 45"* Nat Lumber & Creosotlng 5Ms.. Nat Oil Prod deb 4s 1952...J&D .... 25 i 1952—J&D 26 New England 103 H 100 ■' > Phoanix Silk Mills 7s 1943 / 18 Pickering Lumber 6s A '46.-M&N / 32M Pierce Butler & Pierce 6Ms '42.. f Ai* 107 Pillsbury Flour Mills 6s 1943 A&O Pine Hill Collieries 1st 6s 1942. f 18 Pirelli Co of Italy con 7s *52 M&N 95 Pitts Coke & Ir oonv 4 Ms'52 M&S 98M Pittsb Brewing 6s Feb 4 '49..J&J 109 Pittsburgh Coal CoSinking fiind deb 6s 1949.F&A 106M Pittsburgh Coke & Iron Oo— 98 1st mtge conv 4 M® 1952—M&S Pitts Steel s f 6s 1948 F&A 102M 98 . 98 w conv 6s 1944.M&S Phila & Read O & 15s 1973—J&J Conv deb 6s 1949-s.—.—M&S 99M 100M 96 M .... 102M ' — 60 (Oonde) 6Ms Dec 15 1937. Nat Gypsum 102 w w Phoenix Iron 1st 106 81 68 3 1951.—..J&D 6% notes Nat'l Acme 4 Ms ext to '46.. J&D Nat'l Baking 6s ser A 1941.M&N Nat Container deb 5 Ms '52. A&O Nast 99 •' 104M -..—M&S / 1938—... M&S ' 75 I 1941——J&D 2 1946——J&D ser 4 1956*.....J&D 58 Munising Paper 6s A&B *43 .A&O 108 M 97 Munson Steamship Line95 Secured 6s 1937—_—.—J&j 13M Deb 6Ms Jan. 1 1937 6 A&O 40 M Certificates of deposit...... 6 15 Namm (A I) & Son—See Mfrs Tr Co. Nassau (Ger) Landbank 6Ms 1938 f 23 99 M : - ••• • ' 99M 6s w w 1943—; 90 104M 1947.M&S 2 '66.A&0, 6s series 4 1933 M&N / 5 Ms series 16 1940—M&N " Mortbon Corp— ser mmaam 105 95 Pettibone MuJliken— k40 Morgan Engng 8s 1941—.M&N ser 49 101M Monon Coal—See Chic Ind. & L Monroe Coal Mining 6s 1947 Montreal Cotton deb 5s '43-M&N Coll A 5s OollB 5s Oell O 5s Coll D 5s 25 95 M 1945.F&A Phila Brew 1st 6s 22 • 30 sec 92 ' 63M 96 M 92 91 89 . 26 103 H Mtge-Bond Co 4s 51M 3.40% 93 M 5Ms without warr 1945— Norwestern Term Co 5s '48..J&D / 20 Norwegian Hy-Elec Nitrog Oorp126 Ref & imp 5Ms '57 ser A.M&N 102 M 98M Nova Scotia S & O 5s 1959..J&J 69 6s perpetual stock— 32 71*" ...J&J O'Gara Coal 5a 55 op aft'08 M&S 13 71 Ohio Fin deb 6Ms ww 1944.M&N 103 M 71 Oonv s f 5s 1951——.F&A 104 128 102 119M Ohio Leather conv deb 5s '46. J&J Okonite Co 6s stmp 1942 100 83 .J&D Old Ben Coal Corp 6s (w s) 1948 30 65 Inc deb 7Ms (w s) Aug 1 1953. 7 62 Oregon-Am Lumber 6s 1942.A&O 40 45 Oregon Pulp & Paper 6 Ms to 60 98 Apr 30 '37,6 % to 1945.—M&N 22 Oreg Terminals6Ms A1942.M&N 1st income 5s 194549 ...A&O 103 M Orono Pulp & Paper 6s 1943. J&J Osgood Go deb g 6s 1943 .J&D O'SulIivan Rubber— 83 96 SMsww 1947—*—-.-A&O 50 89 Oswego FallsCorp 4 Ms 1952.M&S Otis Steel s f 4 Ms A 1962—.J&J 90 90M Oxford Maimi P^per 6s 1947-F&A 94 98" Pacific Atlantic SS 2-5s '43.M&N / 31 Pac Coast Cement 6s A1942. J&D 85 Pacific Coast Co 5a 1946 .J&D 64 102 M 102 M Palmer Corp of La 1st 6s '48. J&D Pan Amer Petrol Co (of Calif)— 1st conv s f 6s 1940—.J&D15 / 34M 95 M Certificates of deposit. . / 34M 103 H Panhandle Eastern Pipe Line— 1st mtge & lien 4s 1952 M&S 99 X 103 H Paramount Pictures 6s 1955- J&J Conv deb 3 Ms 1947——M&S 87 M Parmelee Transportation Oo— 105 S f conv deb 6s 1944.—.A&O 106 5-yr 6% notes 1931...—M&S Minn Valley Canning 6s '41—J&J Mohawk Rubber ext 6s 1938 A&O lOOM 96 cj»o 000 98 Phelps Dodge— Conv deb 3 M® 100 % ! 99 56 ' 100' b 4.10 ... 65 65 65 10 M 40 102M I Jan 1 '38-'43 Debenture 6s 1943 M&N Northern Redwood Lumber— 6s 1937: —J&D / N'west Pub's Deb 4 Ms 1948.J&J Northwestern Barb Wire Oo—1 13 y 10 96 M 95 95 lQiH 25 104 M 123 M 123 M ser Northern Elec & Nor Pap Mills— 1st mtge 5s to 1948...—M&N 95" 78 60 95 63 59 55 97 Equip trust 4s Middle States Petrol 6Ms 1945.. 85 Miller & Hart Inc. deb 6s '43.J&J 47 Miller & Lux Inc 1st M 6s '45A&0 / 119 7% gold notes 1935.—*-A&0 Minnesota & Ontario Paper Co— 1st 6s series A 1945.... 63 M A&O 1st 68 series B 1948.. J&j 63 M 1st 6s series O 1950.——M&N 78 100 20-yr s f 6s 1947. ..M&N New 6-4% 1947—...... .M&N North Western Refrigerator Line 98 J 95 85 97 M 54 M 94 Nar Amer Refract 6 Ms 1944. J&J North German Lloyd— 16 88 .98 27M 9§M f > M&S / Income 6_Ms 1953— 4.00% 4.00% 4.80% 4.00% Peabody Coal Oo (Consol Co)— 99 .. i\H ^ 1943——..—M&S .... 102 M McKesson & Robbins inc— 93 93M B* . 97 H Massey-Harris Co 5s 1947..A&O McCallum Hosiery 6M® *41-A&O Ik 60 102 99 M 41M McCloud River Lumb 5s '48 J&J 76M 103 119 81 1st mtge s f 68 1947-.--..A&O Martin (Glenn L) conv 6s 1939— 107 M Joseph & Feiss 5s 1943—.—M&S 69 126M Marion Steam Shovel Morris Plan ioiH / / Mansfield Min & Smelting-— 7s without warrants 1941. M&N / 27 Mfirs Tr Co ctfs of partic in A_I Namm & Son 6s 1943—.J&D 102 M 97*" 13M 71 94 124 98M / 20 / 1st 7 M® '42—A&O Cettifieates of deposit.—. 1st s f 4s 1957 ...F&A Manhattan Refrig 5 Ms 1941 .J&J 2 Ms to 1938.5 Ms to Marine Elev (Buff) 7s 54 . 122 — J&J North Amer Cement Corp— Deb 6 Ms A with warr '40-M&S — / 22 104M 122 Manati Sugar 89 42M 101 % 10-yr sec s f 5M® 1940---M&N 41 Hudson Coal 1st 5s 1962 A..J&D Hud Riv Day Line 6s 1939— M&S 73 Hungarian Disc & Exch Bank— 35-yr s f 7s 1963J&J / 33 Hungarian-Italian Bank Ltd—_ Sinking fund 7M® 1963—A&O / 32 Hygrade Food Products Corp— 1st & ref 6s Jan 1949 A—.A&O 75M 76 6s 1949 series B———-J&J 95 Ice Service 1st 6M® 1937—J&D 85 1st 6Ms 1939 J&D 106 H Illinois Steel deb 4 he 1940—A&O Hseder Steel mtge 6i 1948—F&A f ,25M 110 Independent Brewing 6s '55.J&J Indiana Ice & Fuel 6Ms A 1947— 14 Ind limestone Inc 6s 1952—M&N 84 Prior lien s f 6s 1942—M&N Industrial Acceptance 4s 1952 J&J 95 Inland St'l 3 Ms ser D 1961—F&A 103 Interlake Iron Corp— 95 M Conv deb s f 4s 1947—*. A&O Internat Agricultural Corp— 1st & coll tr s f 5s 1942...M&N 100K International Match Corp— Deb s f 5s 1947.;——M&N OH Certificates of deposit——— 13 H Conv deb 5s 1941. -J&J15 jf OH Certificates of - mi Maple Leaf Milling-* 88M 85 H 96 Internat Mercantile Marin 1st M coll trust 6s 1941—A&O International Paper— 1st & ref s f 5s 1947 ser A—J&J 1st & ref s f 5s ser B, 1947—J&J Ref mtge 6s 1955 ser A M&S Internat Pow & Pap of Nfld 1st M 5s 1968. —J&J 1st 4M® 1968——————J&J Internat Salt g 5s 1951 opt. .A&O Isotta Fraschini 7s 1942 ....J&D Jefferson & Clearfield Coal & Iron Indiana Co 1st s f 5s 1950—J&J Jones & Laughlin Steel— 1st mtge 4Ms ser A 1961*. w&8 - 54M 95 89 84 Equip trust 4Mb Aug 1 '37-'46_ 6 4.75 Equip trust 4Ms Nov25*37-43 b 4.75 Equipt tr 4 Ms 1937-47 J&D15 b 4.75 Equip trust oMs Sept 1 *37-*44. 6 4.75 37M 93 % 1974----—-F&A Sec 6%_gold notes 1938...J&J Leonard Tietz—See Tietz Leipzig Trade Fair 7s 19o3-M&N Libby McNeil &Libb 5s '42-A&0 Liggett & Myers g 7s 1944.-A&O Gold bonds 5s 1951 -F&A Lindsay Nunn Pub 6s 1944—M&S Lion Oil 4Ms 1952 -----A&O Loew's Inc deb s f 3 1946-F&A Logan County Coal 7s 1942-M&N Long Bell Lumb 6s se* A 42-J&J 6s series B 1943...——-A&O 6s series O 1946—————F&A Loiillard (P) Co g 7s 1944—A&O .. 100 97M Deb 4s 1941 North Amer Car— 31H 82 83 _ 102 81 5s, 1951— F&A Lukens Steel 5s extend 1955 M&N 25 Houston Oil Co of Texas— 1st & ref 5s 1st & ref 5s 1st & ref 5s - 107"" . Holly Sugar 1st 4s 1947 A&O Home 8erv(LoaAng)6 Hp '42 A&O Home Serv(Portl. Ore)7s *41 A&O 81M 6Ms 22M \ 97M Lehigh Valley Coal--- 94M Holland-Amer Line 6s '47—M&N 101M 104M s 100 105M New York Trap Rock Corp— ' 1st M s f 6s 1946 —J&D 6s 8tamped 1946 Partic deb 2d mtge 7s 1946 J&D N Y World's Fair 1939— ; , Bid Ev^g Journal 6 Ms *37—J&D N Y L E & W D & I 1st 6s '13 Extended at 5% to 1943...J&J N Y Shipbuildinglst 5s Not. 1*46 95 12 87 96 M 99M Bonds N Y 100 58 73 .... 6s with warr for Am shs %6H deposit——— / 36 30 M f g 4Ms 1954—--—J&J Cons S f 4 Ms 1954 ser O—J&J 21M •I 102 M 97 95 101M 98 M ■ 108 M 32 101 Deb g 5 Ms Cons 99 Ask «... m*mm , 99/ 1st & coll 6s stmp 1947-.-M&N Hamilton By-Prod Coke Ovens— 1st s f 5s ser A 1955 —M&N Gen sinking fund 6s 1956--A&O Hamilton Mfg 5s w w 1951. .M&S Hansa Steamship Lines— 10-yr 6s 1939 stamped A&O 68 Lane Bryant Inc—ti 8 f deb 6s 1940 with 1st & ref 5s Groc St's Prod ■ Superior Corp nation—. 1st & coll tr gold 5s 1944—J&D / 1st mtge income 1975—- -J&D Lawrence Portland Cement Co-— 98 Great Lakes Paper Co Ltd— ■ Lackawanna Steel 5s 1950—M&S .107 La France Textile 1st 6s '42. J&D / 43 Lake Erie Bolt & Nut— 100 5-6s April 1 1946.*—- - * — J&J Lake St John Po & Pr 6M®1942.. f 123 / 133 6Ms Feb 1 1947. 100 H 1st 5 Ms 1961. Debenture 5s 1961---—.--. 80 M warr.M&N Langendorf Un Bak 6 M® 41 M&N 104 Lautaro, Nitrate Co— 1st conv 6s 1954 with war—J&J / 101M 103M 1945-50—J&D Bid Lake 26 Gotham Silk Hosiery— 5 f deb 5s w w 1946-..M&S 97 Gould Coupler 1st 6s 1940—F&A / 198 Gould Manufacturing 6s '42.A&O 99 M Graham Paige Co 1st 6s '38.F&A 84 M 93 Granby Consol Min & Sm 5s 1942 Bonds Ask 19 k Last sale, n Nominal, 104 109 22 • 106 101 % / This price inohiHaa annrned interest 103 106 106 M ; INDUSTRIAL 84 Republic Motor Truck Co Inc— Deb 6)*s 1937 with warr.-J&J 99 Republic Steel Oorp—■ . Gen mtge conv 4)4s A 50-M&B Gen mtge 4^s ser B 1961 _F&A Gen mtge 4 Hb ser O 1966 M&N Purchase money 5Hb 64.M&N Restigouche Paper Ltd 6s 1948— Revere Copper & Brass— 1st mtge 4Hb at 1?66-----J^J Reynolds Met deb 3 &s 51..J&D Rheinelbe Union 7s 1946----J&J / Rhine-Main-Danube 7s '50 M&S / Rhode Island Ice 6s 1948---M&N / 5s with stock 1961—,-—-— / Richardson & Boynton Co Cum Income 4s 1945J&J / Richfield OU of California— Coll tr 6s 1944 ser A M&N / Certificates of deposit Conv f s 4s 1952------Richm'd Cedar Wks 6J4s'45 J&J Richmond Hos Mills 7s138-F&A 114)4 101 102 95)4 115 Riordon Pulp & Paper Ltd—■ 1st 6s June 30 1942__. J&D30 River Raisin Pap 1st 6s '45--F&A Roberts & Oake (Chi) 6s '44.M&N Roch & Pitts O & I 5s '46—-M&N 30)4 30 8 16 — 6Hs 1946 Rom Oath Church Welfare 30 4414 45 102 3214 .__ 166 A&O 9814 Rueping (F) Leather 6s 1940---25 Ruhr Chemical 6s 1948--— A&O / Ruhr Housing 6)4» 1958-— .J&J f 23 Safeway Stores 4s s f deb 47-J&D St Clair Furnace 1st 5s '39-- F&A 99 105 Joseph Stock Yds 5s 40-St Louis Gas & Coke Corp— F&A J&D / -. 9114 2314 23 2514 2214 2014 2314 J&J Stamped (July 1933 coup on) Guar s r 6)4s 1946 ser B-.A&O Stamped - 25 2014 7714 10914 '45—M&S Scott Paper deb 3)4s 1952—M&S Scovill MfgCo 5Hs 1945---J&J Scripps (E W) deb SHs 1943 F&A Schulze Baking 1st 6s Scrnhn Steel 1st 6s stmpd *41 Securities Accept Con? 5s Seneca Copper 7s 1933 Servel Corp 5s 1948 Sharon Steel Corp— 4)4s conv deb 10614 24 174 26" 9914 13 83 60" 35 26 *46 J&D 92 101 J&J / 18 107 J&J s 97 1951—M&S 102 ?345" ♦ 105 70 97 102 99)4 J&J J&J 99 Smith (Howard) Paper Mills Ltd 1st 4)4s 1951 J&D 102)4 Smith (L C) & Corona Typewr'rs Deb 2 % to 4 )4 % '37 to '46-J&J Smith & Wesson 5 Ha 1938 100 70 Socony-Vacuum OU— Deb 3)4s 1950 105)4 A&O South Coast Corp— Gen mtge inc 6s AprU 1950 1 80 Southern Advance Bag & Paper— 1st s f 6s 1947 J&D 10014 Southern Brighton Mills— 72 1st gtd 7s 1940 —J&D 72 1st gtd 614s 1940 J&D 71 Sou Ice & UtU conv 6s 1946-F&A Southern Ice 1st & ref 8s '42 „A&O 60 Southern Kraft Oorp— 1st leasehold 4 lis 1946 J&D 9914 Southern New England Ice— 1st s f 4 H& 1967 47 A&O - Products— 1938 M&N Conv income 5s 1944 So'western Devel't 4s 1942—J&J Spang Ohalf't & Co 1st 5s '48 J&J Springfield Ice 7s 1944 Staley (A E) 1st mtge 4s '46-F&A Standard Ice 1st 6s 1947 F&A Stand Oil (N J) deb 3s '61-..J&D 99 „ 22 110 107 103 23 • i i t i i i i i « « 50 58 F&A Turner Glass Co 1st 6s 1939-J&D 12214 9714 65)4 107 72 100 9114 97 l55)| 29 132 i • i i i i i i 35 i i i i 86 i « i i 50)4 121 109)4 50 ?7~~ 87 •48 12 15-yr coll tr 414s A ww *51 A&O United Wall Paper Fac 6s 1947__ Universal Sewer Pipe 6s 1938-J&J Utilities Elkhorn Coal 6s 1948 J&J A&O 1947 98)4 Winslow Bros & Smith— M&S 514s 1943 Wise Lime & Cement 6s '38-A&0 / / Wood (Alan) Ir & St 6s 1944.A&O Woodland Farm Dairy— ■ .. J&D 6 lis w w 1944 Woodward Iron 5s 103 75 52 103 95 110 2d conv income 5s 1962 Woodward & Tiernan Print 6s 1942 J&J York Ice Mach 6s 1947——A&O 94 J&D *88 Youngstown Sheet & Tube—IstMsf 4s ser O 1961..—M&N Conv deb 314s 1951 F&A i2°°5* Debenture 6s 1943 EXCHANGE SEATS 10614 97 —- 9614 9514 97 No. Last Sale N Y Stock N 95 98 27 32 98 Exch—1,375 $89,000 450 11,500 344 5,200 Y Curb Exch— 550 19.800 N Y Cotton Exch— N Y Cof & Sug Ex- Baltimore Stk Exch Boston Stock Exch_ 14 12 • mm* Ft Worth Gr & Cot Kan City (Bd of Tr) Los Ang Stock Exch Milw Grain & Stk- 63 213 83 5.250 14,000 125 2.250 1,250 46.000 1,400 175 130 95 New Orl Stock Ex. PhUa Stock Exch.. 94 Pittsb Stock Exch. 115 96 St Louis Exchange. 26" Minn Oh of Comm. Minn-St P Stk Ex. Montreal Stock Ex. New Orl Cotton Ex 4,000 3,250 5,000 8,000 300 186 523 18 t/80 500 70 200 101 i".55o 6,400 4,600 2.000 - 74 11,000 3.550 1,400 76 139 Chicago Bd of Tr_ 1,549 Chicago Stock Exch 405 Cincinnati Stk Ex. 50 Cleveland Stk Exch 41 Detroit Stock Exch 68 • 4.250 2,000 3,000 5,750 2",556 1,000 125 2.750 2,000 Salt Lake Stock Ex. 46 48 10614 San Fran Stock Ex. 69 500 38,000 101 San Fran Curb Ex. 72 8,000 Seattle Stock Exch \ 2,000 30 42 300 Toronto Stock Exch 3314 113 Washington Stk Ex Wheeling Stk Ex. Winnipeg Gr Exch. 40 13 463 §1.000 8,600 I 9114 400 "250 80.000 530 Seattle Curb & M.J 8",666 10514 71 46 90~" mx 105)4 i04)4 105"' 38 43 97)4 97)4 2,4atl02. tn Nominal, r Canadian prices, of Sale price,Stock Exchange memberships Called Aug. 16 at 100. t Price Wheeling k Last sale s x OaUed Nov. 1 at 103. 87 70 United Stockyards Corp— 46 33)4 33 (Germany) 614s series A 1951 J&D 614sseries O 1951---J&D 614s series A 1947———J&J J&J 1952-—--J&J / 150 1st lien 6s 1937— F&A / 130 102 1st lien 5s 1962 —J&J 59 United United Steel Works 9914 / 34)4 [M&S / 102 7l4s 1935 Wither bee Sherman Inc 6s 1944-- 99 97 5148 series B 1949 M&N 26 Industrial 1st 6s 1945-J&D 25 Deb 614s 1941 M&N 9614 94)4 United Merch & Mfrs 6s 1945 J&D 73 99)4 United Securities Ltd 514s 1952.. U S Bond & Mtge Corp— 13 Coll trust 614s 1940 M&N 103)4 1014 Gtd coll trust 614s 1942..J&J 10014 U S Cold Storage(dhg)6s'45.J&J U S Cold Storage (Kan City)— 100 1st sink fund os ser A 1946.F&A 100 1st sink fund ser B 1949—F&A 105)4 U S Finishing 5s 1944 -J&J / 22 83 U S Pipe & Foundry Co— 106 Conv deb 314s 1946M&N 93 101X U S Print & Litho 6s 1950-A&O 92 U S Radiator deb 5s 1938—-F&A 94 75 conv deb s f 5s 1946 -_F&A U S Rubber— 75 1st & ref 5s 1947 ser A J&J 10614 100 U S Trucking Oorp 514s'43--J&D 99 % conv Conv debs 354s 104 47 United Corps Ltd inc 5s 1953 F&A United Elec Coal Cos inc 7s 1946. / United Drugs 5s 1953 M&S15 United Grain Growers Ltd— 5s series A 1948 J&J 103)4 15 Willys-Overland 1st 6)as *33 M&2 f 126 100)4 1955—.J&J 95 109)4 15-yr 314s deb 1952 —J&J Union Rock 1st 6s s f 1947--M&S f 30 68 Union Term Coal Stor 6s '39-F&A United Amusement Oorp— 9814 1st 8 f 5s ser A1956 F&A 10614 United Biscuit deb 5s '50 A&O / Wilson & Co 4s sot A 414 9214 118 99 110 Certificates of deposit.----- f Sec Wilcox OU & Gas 6s 1945 Union Oil Co of California— F&A 122 Wickwire Spencer Steel Co— Pr lien & coll 7s Jan 1935-M&N Ulen & Co— 115 _ Debenture 4Hs 1945—...J&D Wheeling Steel Corp— 1st M s f 414s ser A 1966- -*&A Whitaker Paper 7s 1942 M&N White Sewing Machine— Deb 6s 1940 M&N Tokheim Oil Tank & Pump— Tomahawk Kraft Pap 6s '38-A&0 / Trask Timber 1st 3s 1944—J&D f 75" 44 Certificates of deposit 35 100)4 '52J&J '46-J&J / 23)4 Mills 614s'46M&S f 57)4 101 ww'39 M&N Whittal (M J) Assoc Ltd 5s 1937Wickw Spencer Steel 7s '35--J&J x-w 414 s conv deb 1947 94 • 82 A 1951 M&S Ticonderoga Pulp & Paper 6s '40 93)4 M&S 1940—J&J 6s Disinfecting Weyenberg Shoe Mfg— 107 10314 1st s f 514s ser Tilden Lumb & West West Indies Sugar 6s 1947- - A&O W Va Coal & Coke 1st 6s '50-J&J „ /10! 51 55 104)4 -F&A 100 1st mtge s M&N 100 Conv deb 4)4s1952—.—M&N f Wayne Coal Co 6s 1937 M&S 1945 f 414s 1952 Western Steel Prod 6s A '48.M&N / 1st s f 6s series B 1948--—M&N 1 20 Three Rivera Grain & Elevator— (Leonard) 714s 514% notes 1937 Western Fuel Corp 7-4s '50-M&N Western Newspaper Union— Conv deb 6s 1944 F&A 100 106)4 1st s f 3 Ms May 15 1950-M&N Symington-Gould Corp and Gould Coupler Oorp 1st M conv inc with warrants 1956 F&A /tl38 Without warrants F&A 1106 99 Taggart Bros Co 6s 1944 J&D Taylor-Warton Iron & Steel— 93 Coll inc 714s July 1 1958 - / Temple Antn Coal 614s '44-M&S Name changed to East Temple Corp 119 Tenn Coal & RR 5s 1951--J&J 14 Warren (S D) Co 6s West Chain Stores 6s 57 97 J&D / Tenn 45 M&S / M&S / Webster O&C 1st g 5s *42 op 25" -v Tietz Southern United Ice Co— 1st 4s w s 1950 Southwest Dairy 102)4 105 55 Tide Water Assoc Oil 3 Its 98 SkeUy Oil deb 4s 1951 51" „ Superior Steel Oorp 6s 1938-J&D Susquehanna Silk Mills— Sink fund deb 5s 1938 93)4 90)4 Corp 7s 1939 Warren Bros Co— Conv s f deb 6s 1941 _ 7s 1940 Simpsons Ltd— 1st & eoU 4Mb A 1951 Warner Sugar „ 1932-1942-M&S / Swift & Co— 78" M&S Conv deb 6s 1939-- M&S „ 104 105 >4 Warner-Quinlan Co— 52 64 614s 1943 M&N x 104)4 1st mtges f 5 lis ww 1949-A&O 106"" Studebaker Oorp 6s 1945 J&J Stutz Motor Oar 714s 1937--A&0 / 15 Sugar Estates of Oriente— 1st 7s 1942 ctfs of dep 3)4 M&S / Sugar Pine Lumber Co— 7914 6714 Signal Oil & Gas— Conv 6)4s A 1945 M&N SUesian-Am Corp 7s 1941—F&A Silverw'd Dairies 5s '41 to '61 J&J Simmons Go 5s Nov 1 *44--M&N Conv deb 4s 1952—...A&O 47 48 f5s 1948 41 58 s t f / Struthers Wells TitusvUle— 20 ^ 7s unstamped 1936 2d stamped 1940 f 1940—F&A Victor Amer Fuel 6s (Hiram)-G & W— Deb 414s 1945 J&D Waltham W'tch & Ol'k 6s '43 J&D Walworth Co 6s s f deb 1955-A&O 20-yr 1st mtge 4s 1955 A&O Warner Bros Pict 6s 1939 M&S Warner Co 1st 6s 1944 A&O A&O 6s May 1 1942 ser A - crued interest, .. 82 21 20 18 Walker 49 61 Conv 6s 4th stamp 1950 10714 1951-——-M&S 1st s f 6s 1947 J&J Siemens & Halske 10-yr 7s *35 J&J Deb g s f 6 Hs '51 with war M&S Deb 6s 2930— w w (Hugo) Industries— Certificates of deposit 28 26 Sheridan-Wyoming Coal Co— 6148 ' 100 f g 5s 1953--J&J Va Iron Coal & Coke 5s '49-M&S 99 4414 Copper & Chemical— B—M&S 9214 Tenn Oorp deb 6s ser O *44—M&S Tenn Prod 1st s f 6^s '36--J&J 2514 Term Warehouse 2d 5s '42--J&J 25 Texas Corp deb 314s 1951—J&D 32 Texas Sugar Ref 1st 6s '44--F&A '2314 Thermoid Co 5s w w 1951—J&D Shell Union OU Corp— 15-year 3)4s debs 95 stamped 1946 7-48 Stamped 1936 98 A&O Van Dorn Iron Wks 7s June 11942 Vertientes Sugar 1st 7s 1942-J&D Certificates of deposit Vicana Sugar Co 6s 1955 J&J Victor Fuel 1st _ 24" 10114 A&O / 11* . Conv deb 6s 1944 ser 1947-J&J Schulco Co 6Hs 1946 • 55 98 33 38 110 72 -F&A ... 104 St Paul Un Stk Yds 5s 1946-A.&0 Saltez Looms Inc 6s 1954—A&O Saratoga Victory Mills— 6Hs 1943 J&J Saxon Pub Wks (Germany)-1st extl s f 7s 1945 -F&A Gen & ref 6)ts 1951 M&N 6% notes 1937 —----J&J Sayre & Fisher Brick 6s 1214 8214 '55 stpd .J&J 98 100 „ 33" 100 1st M s f 6s 1947 St L Rky Mt & P 5s 97 95 Thompson Pap 6s 1942 1st M serial 6s Deb 4s 1945 with warr..- St 2d M&N Vanadium Oorp of Amer— Conv deb 5s 1941 23 85 (Hugo) Corp— 7-4s Stamped 1946 —-J&J Certificates of deposit.. 7s unstamped 1946 1st 75 9 fS 22 94 Strawbridge & Clothier— 10214 hp f Stinnes 91 7s 1946 Royal Dutch Co— Stevens & 36)4 102"' 30 „ Steel Co of Can 6s 1940 J&J Stern Brothers 6s s f 1947---J&D 32" 60 ~" 1943----A&0 / Roman Catholic Church 45 50 M&S '42 Bid Bonds Ask Valvoline Oil 7s 1937 Stanley Co(~Camden)" 6s" 40 J&D Stanley Crandall 6s 1946--F&A Stanly-Rowl-Clark 6s 1946--F&A Starrett Oorp sec inc 5s 1950 A&O f Old 5s 1950 ---= f Stinnes 3914 Bid Bonds Stand Textile Prod 614s Ass6nt6(i StUlwater Worsted Mills—■ Deb 5148 A1943--- 104 K Rolland Pap 1st 5)4s A 48—J&D Rolls Royce 7s Sept 1 1937-- Stamped UllSt£l!Dlp6d« . 92 ff% Richmond (Va) Ice 63?s '42-A&0 f Rima Steel Corp 1st s f 7s 65 F&A / mrnmm 158 95 96)4 116)4 116 154 94)4 '&» Rocky Mtn Fuel 5s Ask Bid Bonds MISCELLANEOUS BONDS & y are fixed b Basis. / This price includes ac¬ 80 seats, 70 members. Industrial and Miscellaneous Stocks Quotations for all securities Stocks Par Bid are as near as Stocks Ask possible for the closing day of the month preceding the date of issue Preferred Berkshire Fine .* 84* 42* 80 40" 10 "•r 12 60 . New loo" Pref unassented 88 Bigelow-Sanford ; Carpet common. ♦ Preferred 100 Booth Mfg 100 Preferred 100 Border City Mfg 100 Boss Mfg com 100 Bourne Mills General * 100 Cotton * Gosnold M (N B)__* Preferred 100 Prior preferred-.. Preferred 8.50 Mohawk Carpet.-20 Nashawona M * Nashua M (NH) 100 Preferred-100 20 1754 105 2l" 2754 3254 9 82 84 14 1454 35* 37 54 ss 2154 pref—100 100 104 Mills--100 Cotton. 96 101 Golden 18 6 23 Mill Mooresville Musgrove Cotton— "4" Norris Cot Mills Orr Cot Mills.—100 80 62 ?P 28 30 31 7 74 78 179* 22 76 78 A* 109 30 111 12 14 52 193764 98 82 Pacolet Mfg 100 7% preferred--100 Perfection Spinning. Pickens Cot Mills Piedmont Mfg new. 145 10 109" 94 21 23 104' 24 110 Isle 90 100 45 50 " 100 56 * 55 Mills common—* 4 Preferred * Soule Mill (N B)_100 Wamsutta M—100 34 58 Saratoga Victory 554 50 55 Southern Mills CM(SO)10 4 110 8 77 Jardine Mining 7% preferred—— 100 Preferred-Bibb Mfg. 100 Brandon Corp A— Class B— 7 % preferred 60 59 101 15 88 97 52 100 5 7 56 98 101 Burlington Mills—1 17 18 Calhoun Mills— Cannon Mills 55 44 Oo 10 47^" 8% preferred 11 97 China Grove Cot 85 89 Chiquola Mfg.—20 6% preferred Clifton Mfg (SO) 100 Climax Spinning. .50 Columbus Mfg (Ga) Converse (D E).100 Oowpens Mills 37 97 40 101 115 123 Crescent Spinning. _ 13 101 69 75 75 101 106" 4 48" Dallas Mfg (Ala) 100 27 Darl'gton Mfg(SO) 5 52 1 24 Preferred Dixon Mills.--. Dunean Mills—100 7 % preferred 76 144 32 254 149 Durham Hosiery 7% preferred Eagle & Phenix—100 Eagle Vara Easley Cotton Mills 7% preferred 15 17 Louisiana L'd & Ex 1 12% 105 Lucky Tiger Comb Gold Mining—10 Magma Copper Co 10 Mayflower-Old Colony Copper.25 35c Air-Way Electric Appliance------* Albany Packing. 100 Preferred 100 Alberene Stone of Va Process * com 7 A* 99 Preferred 28" Southern WeavingSouthern Worsted pf Spartan Mills 100 34 123 Miami Copper Mining Corp of 20 Sterling Spinning— Stowe Spinning., 57 63 56 62 Textiles Inc A* 10 1H ■ 68 Class A pref Class B pref 50 Mills 17 . 20" 100 30 54 105 35 115 121" 109 Pairirorest Finish Oo Serial notes..—. Flint Mfg Go 7 % preferred Florence Mills—— 50 96 32 93 68 98 45 100 Preferred Domin Text Ltd Preferred Montreal Preferred 100 Penmans Ltd com.* 100 Austin Silver Min—1 97" Backbone Gold Bagdad value Copper 10 5 29% Alliance Realty Preferred 28 r *§* 6Sc* 40 r 108 80 r 140 Quincy Roan 454 Brewing Distilling Co 254 & 18 26 & 1 Dye Corp common * Allied Kid Oo com.5 217 1654 2054 * 60 St 96" r 63 5* - 5354 Joseph Lead—10 Copper.---1 «* Shattuck Denn 5 Silver King Coal—5 33 So Am Gold & Plat.l 354 Stand Silver-Lead-1 Sunshine Mlning-lOc n8 454 Tonopah Belmont-1 Tonopah Mining—1 Union Copper Land & Mining 25 102 102 102 102 5c 1154 UH lc 4c 10 54 I0h iSS* fl* 190 52 h 23 5c <154 55 10c IV 2 h 4 54 554 % k Last sale. 45c 3% "254 254 254 P Develop pref-10 6054 2354 138 11454 16% 10854 115 4 37 ; 3 54 754 8354 86 2354 * 41 Am Bakeries pref 100 Class A * 106 * 26 , Am Bank Note 10 6% preferred 50 Am Bemberg com.* Preferred 100 7% preferred 5 A.Brake Sh & Fdy Common--- 38 2054 59 16 90 154 354 63 19 * 60 554% conv pf.100 132 American Can. Bos R E T(Bos)-100 a Bos Stor W'h'se-100 a — .25 7% preferred..100 Amer Boston Wharf--.100 a Cent BldgTr 100 a ChicR E Trus's. 100 a n 6% conv pref. .50 Amaig Sugar 1 5% preferred 10 Amerada Corp * Amer Agric Chem (Delaware) * Amer Air Lines—.10 American Book.. 100 Amer Box Board.. 1 REAL ESTATE TR & LAND STOCKS Bd ofTr Bid Tr.100 Bos Gr'd R'T Tr 100 a I Par value $100. 6% preferred-.100 Amal Leather 1 Am Beverage Corp.l Wright Hargreaves Mines * Yukon Gold 5 City R E T (C>—500 a Congress St Associ¬ ates (Boston) .100 a Indus—* Aluminum Ltd * Class B Utah Copper Co—10 Utah Metal & Tun.l Walker Mining 1 White Knob Copper 7c Alum Goods Mfg—* American Arch United Verde Ext50c 102 * Aluminum Teck-Hughes G M.l 32 com. 6% preferred-.100 Antelope Min 125 r * Common Seneca 61" 17 7354 Alpha Portl Cem—* Aluminum Co 25 St Anth Gold M__.1 48 r il* 13 5% preferred-.100 1 Ltd Amer snares. 150 Mines—1 / Flat price, 3 100 Allied Allied Chem 954 * Allied Mills Inc Premier Gold M 84 2 54 5 17 Allis-Chaimers Mfg Black Hawk Consol Cement pref Alles & Fisher Polaris Mining Pond Creek Gold 1 18 27 All en town Portland 85" Consol Mines...1 Patino Mines & 854 STOCKS Ariz Comstock 94 Enterprise com—* 100 Smelting 1 $5 prior conv pf 25 $6 preferred 25 AnacondaCopMin 50 \ndes Copper M_20 3254 Industries—1 Pioneer Gold Ltd—1 100 100 100 10 fiS * * $3.50 Preferred..* 171 " Mining 454 100 101 / 100 Altar Cons Mines. 54 Amer Zinc Lead & 10 Allegheny Steel Allen Park-Utah— MARINE INSUR¬ ANCE SCRIP Atlantic Mutual— 1935-- 68 Allied Paper com Allied Prod cl A—25 Common 10 Allied Stores Corp.* 7 Wabasso Cotton---* a?* Alberta-Pacific 133 Cottons.. Preferred 454 Pocahontas——* 100 * 100 754 6§g 5 96 167 Converters-100 72 103 76 Mills Mills 12 Allendale Corp Noranda Mines---* North Butte 10 Old Dominion Co.25 Pacific Tin ♦ Canadian Mills Can Purchaser also pays accrued dividend. out par Cot Vot trust ctfs Preferred m Nlpissing Mines—-5 115 10 - 127 Wiscassett Mills Woodside 101 com.. Algoma Steel com.* Tunnel 15 71" 65 Erwin Cotton com— 6% preferred Winget Yarn Mtge 6s Canada * Mother Load Coali'n Mines * Mt City Copper National Shoe Grain class A.. Preferred 100 Preferred 100 N Y & Honduras Rosario 71 85 110 Mills. .* Wellington m 5 - 100 60 30 95 57 110 95 25c and Mines com..* New Jersey Zinc. -25 Newmont Mining-10 New River Co 100 10 Alaska Juneau 90 54 a 4 25 Enterprise Mfg(Ga). 7 % preferred Gafmey Mfg 10 7% pref 100 Victory Yarn Mills— 95c McIntyrePorcupine5 Startex Mills 18 - Efird Manufacturing 10554 102 100 ♦ 32 , 8 90 Preferred 100 Ainsworth Mfg 5 Air Associates.——1 Air Devices Corp—1 Air Reduc'n com— * Admiralty Alaska Gold Mining -I 28 25c 2354 i;_ 4854 2% 1954 3% * 5654 MINING 10954 Agfa Ansco Agnew-Surpass— Kirkland LakeGold 1 Lake Sh Mines Ltd 1 Lava Cap Gold Mini Can Cottons Ltd 100 Chadwick-Hoskins . 100 Kennecott Copper-* Kildun Mining— 1 West Point Mfg. 100 12 84 Preferred 96 Preferred 100 Class B * Aetna Ball Bearing 1 Aetna Brewery 1 Aetna Stand Engine* 89 Preferred 53 6 * 26 Ware Shoals Mfg 24 6 6% preferred 50 Aero Supply Mfg— 25 1st M 6s Jan 1941 Wallace Mfg Co Anderson Cotton Mills 100 Arcade Cotton Mills Avondale Mills 5 Beaumont Mfg 7 % preferred Bel ton Mills (SO) .25 Royale Cop.-25 2 50 135 2d 5% pref. _-100 85 132 3 1 28 tigraph Corp 10 Advance Rumely..* Aeolian Co— 21 Victor-Monag Co— 854 88 1654 2354 Addressograph Mul 22 Common Acme Spinning Alabama Mills * Amer Yarn & Proc__ 67 45 Sibley Mfg (Ga).100 Smyre (A M) Mfg— 7% preferred Southern Bleachery 1st 7% pref—100 Abbeville Acme Steel 25 Acme Wire v t c_.20 Adams Express * Adams Millis.. * Class A 20 5% 57 70 125 Union-Buffalo 13" 12 4454 6% pref 100 7% preferred—100 Abraham & Straus.* 100 Rowan Cotton Mills Southern Franklin 9 1!* __* $6 preferred 2 * Class A Island Creek Ooal.l 22 Preferred 7H 9 Internatl Mining—1 Warrants 88 107 & Print Wks 18 Inspiration Cons Copper 50 101 -.25 Saxon Mills 854 16 1254 17 32% Bay Min & Smelting-.-.-* Illinois Zinc 1154 72 4954 73% 36" 20 $6 preferred -—75 Hudson Riverside & Dan Riv Common Trust & Common ———1 7554 16% 11% 38 654 1454 (Bait).5 Guar Abitibi Pow & Pap_* 1 33 (F W) Mfg—100 Ranlo Mfg 7% preferred Rhodiss Mills 7% pf Riverdale Mills pref_ 45$ 101 common. 34 Poe 6% preferred 107 93 1 128 Homestake Mines New common 1254 Howe Sound Co—5 102 88 2 1 Lab'tories.» Abbotts' Dairy * Abercrombie & Fitch Hecla Mining 25c Hollinger Mines 5 100; J* 30c 20c 10 i Abbott .5 Greene-Cananea. 100 66~ 95 88 7% preferred 2 Mortgage Guar..* A B Stove Granby Cons M S & Power a INDUSTRIAL AND MISCELLANEOUS Cycle OorplO Mines 59 101 Nat Yarn Mills •iS ?° __ a Bankers Bond & Casualty Goldfield Consol 10 53 Rich Borden Mfg 100 2% a TITLE GUAR¬ ANTEE & SAFE DEPOSIT STKS. Title 7% preferred-.100 Federal Mining & Smelting com. .10 7% preferredlOO 85" 80 a New Amsterdam Eagle Pich Lead.-10 Evans Wall Lead--* 110 4 96 Powdrell Dartmouth Sagamore Mfg (P R) Sanford Mills 70 Majestic Mfg Factory Bldg Tr.100 Fifty Associates (B)_ Hotel Tr (Boston) 100 Kimball Bldg Tr 100 Bond & M Guar._20 Gold Min &M—1 Ousl Mexicana__50c Dome Mines Ltd--* 57 47 66 50 Powdrell & Alexander Oo (F R) 43" Newberry C M..100 17 „ Laurens O M 100 Limestone Cot Mills Linford Mills 4754 105 26 Saco Lowell Shops Common * 1st preferred--100 2d preferred--100 100 60 Marion Mfg Co Marlboro Mills Per share EmpireTitle &Gul00 Home Title Ins (NY) Lawyers' M Co 20 Lawyers Title & Guaranty -100 Maryland Cas Co__l Natl Surety Co.. 10 Copper. ...25 Mining 25 Ask Bid Par of New York King (J P) Mfg.. 100 Monarch 2 Copper Canyon. 10c Copper Range * Cornucopia Gold.5c 100 99 42% 3254 14 QuissettMills—100 Como Mines.——.1 Consol Copper 5 354 13% l Cons Min & Smelt .5 Judson Mills A pflOO Preferred B 100 Mills 2654 5 85 107 24 _ 80 Preferred Nonqultt M(NB).* common Cliff Inman Mills Nelld Mills——100 Pepperell Mfg 100 Pierce Mfg 100 Pilgrim Mills 100 Plymouth Cord- 100 Chile 19 76 Pacific Mills * 40 15 Zinc-Lead Calumet & Hecla—5 Carnegie Metals 1 Central Am Mines. 1 Cerro de Pasco * Chief Consol Min.-l 94 Mt V-Woodb Mills (Baltimore) 100 Preferred--.100 32 Callahan Oo Henrietta Mills.. 71 15" Hathaway Mfg. .100 Kilburn M (N B).75 Luther Mfg 100 Martel Mills 1 100 ,89 110 100 Draper Corp Farr Alpaca 91 Industrial Cotton Mills pref 20 new Charlton Mills.-100 Dexdale Hosiery— Preferred--- 52% 10854 10 99 90 59 Sup 15 115 53 n 2554 Butte Cop & Z Oo-5 Butte & 48 Mills— 6% preferred 24% 0254 95 7% preferred Hanover 5 13 111 Knit.5 Stocks Ask Dredg¬ 44 7% preferred Highland Pk Mfg 20 6% preferred Imperial Yarn 1054 57 preferred Hanes (F H) Gold & Sull'nM & 20 20 Preferred Hamrick Mills Hartsville Cot Mills- 100 Spinning Co f 140 Bid Bunker Hill ing, Ltd 63 150 Granteville Mfg-100 Grendel Mills 44 Bulolo 66" 95 Gossett Mills 130 Par Per share 45 40 Glenwood Mills—. Northern Mills Algonquin Print-100 American Mfg.. 100 5% Preferred-100 Amoskeag Mfg * Arlington Mills 100 Barnard Mfg 100 Beacon Mfg 100 Stocks Per share Gainesville Cot Mills TEXTILE STOCKS I Ask Bid Par Per share 95 15454 Canadian * * 7% preferred-.100 Properties Am Car & Fdy Amer Oarmel Preferred 6 Nominal, 100 100 Amer Centrifugal—1 r Canadian price, x ?!* 10c 7 454 Ex-dividend. ♦With¬ INDUSTRIAL 86 Stocks Ask Bid Par Stocks possible for the closing day Bid Par 35% 7% Preferred ..30 New preferred.30 Arrow Aircraft 1 Arrow Hart— 14% 16 21 25% 22% 25% 90 Colortype__10 Amer Commercial Alcohol com—20 Am Crystal Sugar 10 6% 1st pref—100 Am Cyanamid A. 10 Class B 20 Amer Distilling pf 10 92 30~" 30% 6% 6% Encaustic 6 5% Tiling Co 1 Amer Equities Co. . 1 Amer Express.-.100 4% 48 174 300 26 27% 85 Amer Felt common * Preferred 100 90 Amer Forging and Socket com 12% 19% * * Preferred 100 Am Fruit Growers.* Preferred 100 _ 106 103 4% 18 % Am Hair & Felt— 4% . 20% 8% 85* 1st preferred 2d preferred 90 61 Amer Hard Rubb.50 17'" 8% preferred.-100 102 % Amer Hardware. .25 34% 14% ex Am-Hawaiian SS.10 Am Hide & Leath..* 6% preferred—50 41 25 12 3 * 6% non-cumpflOO ?I* Amer I G Chem A.* 60 Hegeman --.25 9% Artloom Corp——* 98 7 % preferred- . 100 25% Art Metal Constr.10 10K Art Metal Works. .5 Asbestos Mfg pref.l 5% Ashland Oil & Ref.l 14% Asy^c Brew (Can).* 16 Assoc Dry G'ds—1 83 6% 1st pref—100 100 7% 2d pref—100 Assoc El Indus Ltd Am dep rets ord 11% registered £1 % Assoc Laundries—. * % V t c common * k 37 Associated Oil 25 5% Associated Rayon.* 7% Atl Coast Fisheries.* AtlGulf & Wind 16 S3 Lines * 22% 5% non-cum pflOO 28% Atlantic Refining.25 107% 4% conv pref. 100 7% pref 20 5 28 Automobile Banking $1.50 conv pref 25 Class A com 25 40 Aviation Corp (Del) 3 105 19% Avery (B F) & Sons 5 6 % pref ww—25 *t* Axton-Fish Tob A 10 62% 64 10 Preferred 100 Babcock & Wilcox.* Baker Chemical * Balaban & Katz..25 Preferred 100 11 12% 2% 100 26% 38% Locomotive.* 102 7% preferred-_ 100 Amer Mach & Fdy 18% * 8 Am Maize Prod—* 16 Am Mach & Met Maracaibo-.l Amer Metal Co * 6% convpref..100 American Meter 39 * N Y Corp * American Piano— Class A Class B 10 Com assented. 42 Am Potash & Chem * 19% 165% 16% 34% 19% 157% 15% 34% 7% cum pref100 Am Republics comio Amer Rolling Mill 25 Am Safety Razor Barium American 45 Snuff..25 American Stores * 122 7*6* Am Tobacco corn.25 25 6 %preferred. .100 Am Transformer-10 76% 134 6 Am Type Found.. 10 7 % preferred 100 Amer Wind Glass— Class A 100 * 50 14 54 17 1100 103 107 Common Preferred Am Woolen Co Bros * ,! 7% 55% 8% 8% 57% 10% New common * $6 preferred * & Cable com * Anchor Cap.... . |i 65 * ; 22 $6% conv pref..* "3% ;;;v3% 105 Anchor P & Fence.* Andian Nat Corp..1 Angostura-WupperCorp 1 Anbeuser Busch.100 Antilla Sugar... 100 Apex Elec Mfg....* Appollo Steel .10 Apponaug Co * AP W Paper * Archer-Dan-Midl'd * 7% preferred- 100 mann . 3% 49% 6 22?* 222 2 26 ft* pref.. 100 >106 Armour & Co (HI)— guar 5 107% | 11 16 conv pr pref. 7% preferred—100 Armstrong Cork * Armstrong Rubb A* Arnold. Constable.5 89 Common t c Belmont Radio Loan SI* 100 103 17 Conv 22% 3% 22% 12% 5 * 8% * * 57 57 7% 18% Beneficial Loan Soc * Benson & Hedges * pref * k Bergboff Brew 1 Berkey & Gay Fur¬ Conv niture • 13% V • 5% 9% 60 : 60 8% 18% common. * Beth Fdy & Mach.* Preferred.. 50 Beth Steel (Del)...* I* UH 5 18 10% 10% 2% .1 6 Cement com..* Preferred Best & Co 20% 51% 13% 3% 10) 12% 93 99 7 8 30 48 32 3 83% 17 49% 4% 84 17% 5% preferred 20 7 % preferred- .100 B/G Foods Inc * 114 3 118 7% preferred-.100 85 95 12% 13 Bickfords 12 Inc Preferred * * Billings & Spen 25 Bing & Bing ...5 36 36% 7 Birdsboro Steel " Fdy & Mach com * i Last sale. n Nominal, r Canadian price, z ---* 4% 2% Am dep receiptsBurns Bros com—.* Burroughs Adding Machine Burry Biscuit-12 %c Bush Term Co com * 7% debenture. 100 22% 4% 4% 16% 13% Ex-dividend, 13% 7% pref ctfs_-100 10 5% conv pref. .30 Butterick Publis— Preferred 50 Byers (A M) com...* 7% part pref.-100 Byers Machine * Byllesby class A.-..* Class B * Preferred * Byron Jackson. Cable ElPrvtc..* Calamba Sugar Estates com 20 Calif Pack Corp... 5% preferred—50 Cambria Iron 50 Campbell Wyant & 13% 28% 1% 5% 18% 185 102 24% 5 J-X Chicago Nipple Chic Pneu Tool 23% * pref— Chic Rivet« Mach .4 Chic Yellow Cab..* Chickasha Cot O.10 39 10% 13 conv Co— 13% 14' 16 68 6 100 10 97% 16% 8% 17% 80 63 4 6% 33 36% 100 102 2 7 Supply com * Cleveland Graphite Bronze com 1 Cleveland Hobblng Mach com 4 Cleve Tractor * Olev Un Stk Yds..* 12 39% 12% < 13 8 33% Cliffs Corp v t c.. .* Cleve Worsted Mills .* 11% denum Co..-—-* 44% 5% Common Clinchfield Coal.100 Preferred .100 50 40 Clorex Chemical...* Club Aluminum—* 26 35% 49% Peabody Rights. * 24% 7 % preferred- .100 130* Cluett oca-Cola Bottling of New York * Coca-Cola Co .* Class A * Coca-Cola Intern..* Cockshutt Plow * Cohn & Rosenberger Common * Peet common * 6% preferredlOO Collins & Aikman. .* 5% preferred.. 100 100 15 103 24% 90 156% 56 91% 159% 58% 1040 Colgate-Palmolive- 53 Collins Co 18% 102% 48% 108% 128 Collyer Insulated 19% 103 49 109 134 .Class A * II* Can Iron Fdy's. 100 Preferred 100 * 17 19 Colonial Beacon Oil * Canada Forgings— 30 42 Wire common Colon Development 34 "3% * Without par value. 58 Stk Yds stpd-.lOO Preferred--.100 26 24% Fdry_. Canada Cement.100 Preferred 100 Preferred 19% 99 Climax Molyb¬ Bush Term Bldgs Can Dry Ging Ale.5 2 Chesebr'gh Mfg..25 Chic Daily News..* Preferred * Chicago Flex Shaft 5 Chic June Rys 8c Un Preferred Canada SS Lines. _* 6 15 109" Clayton & Lambert * Cleveland Builders Ring._l B 12% Corp..—10 Cab Mfg.5 Checker Ol&ude Neon Lt—1 Burma Corp Ltd- Class 45 115 City Auto Stamp..* City Ice & Fuel * 6%% cum pf—100 City In vesting.. 100 pity & Sub Homes 10 City Stores ...5 Clark Controller 1 Clark Equip Co...* preferred..* Cannon Charts ..... Preferred 12 ^23 % 107% ..100 Preferred Chrysler Corp 5 Cln Un Stk Yds—* * Burdines Inc 57 6% pref Chapman Valve..25 Chilton Bulova Watch....* Burd Piston & ♦ 100 Childs Co com Preferred 100 Butler Bros , 25 Warrants 112 31% 30% 14 Paper Chic Mail Order...5 Burco Inc com— Industrial Preferred 62* 61% 6% 11% 48 109 11 50 common 1% * . ' Cherry-Bur Corp..* 16 4 Bullard Co 14 Preferred.. .50 Bender Body com..5 Bendix Aviation 5 Beneficial 30 30% 43% preferred- 40 & Stk Yds Common 24 Budd (E G) Mfg-* 7 % preferred—100 8*5* 1 7% preferred-.100 Bessemer Limestone ;¥ 6% 102% Aircraft— v 22 $5 preferred... Buckeye Pipe L..50 Buckeye Steel Oast * Bucyrus-Erie Oo—5 7% cum pref. .100 Buda Co com—100 80 _ Purchase warrants Borland Shoe St * ..1% Armour & Co of Del 7% 100% 1% Belding Hem'way. * Belden Mfg com. .10 Bell Aircraft 1 Common 24 12% 7% 4% 9% 98% 12% 51% Fibre 22 6% Budd Wheel 6 3 120 10 23% 5 Aircraft 1 Beech-Nut Pack. .20 18 15 7% 39% 119% 18% 15% 114 22% . 7% 40% 12 Arcturus Rad Tube * Argo Oil i\VA 5 14 > 10 Champion Collender 10% 12% 10 Certain-teed Prods .1 6 70 prior pref. 100 Chamberlin Metal Weatherstrip 5 Brunswick-Balke- 18 7§H 1 Centrifugal Pipe * Century Rib Mills.* 7% preferred-. 100 Bruce (E L) Co—.. Brack Silk Mills... 10 2m Cen Violetta Sug.19 Brown Shoe 9% 1 Beech Bellanca Central Paper Preferred * 22 * Cent Ohio St Prod.* Wire common 1 Class A pref---.* 28 . 40 6% pf-100 19 94 40 Aguirre 40% Brown Fence & 20 conv 18* Forman 16% 24% 76% Corp...15 Airport—* com.l % preferred- . 100 5 36 41 Cent Foundry 25 Distillery 5% 24% pref. 20 107 3% 48% ¥ 79% 22% Brown Bathurst Power Belt RR Anaconda Wire Brown Co 114 * Associates Truck common. _* Preferred 100 7% 28% 3% 2% 36% 110% Central * 15% 24% % 8% 25% Bartgis Bros com._l 6% conv pref. .25 Mfg 100 $1% Central 4% —* 33 5 Wks 3% 9% Ordinary bearer £1 British Celanese Ltd Amer dep rets. 10s Brockway Motor— 12% 5% 89% 101 1st preferred.—* $7 preferred ._* preferred- .100 Bristol Brass iloA 24 Bates Bath Iron IN 20 Olass B 4% Bristol-Myers 5 5%% pref 50 Barlow & Seeiig cl A5 Barnsdall Oil Celluloid Brighton Mills pf 100 Brill Cor rp class A. 7% 30 5% cum pref..100 B__ Brillo Mfg Class A 225 1 Celotex Co com 40 Bridgeport Brass..* Bridgeport MachBriggs Mfg * Briggs & Stratton..* Bright Star Elec— 16% 160 Co.. 100 Brainard pref..* B'r'g—5 Hotels— Common * 1st preferred. .100 2d preferred * Breeze Corp 1 Brewers & Distillers5 Brewster Aeronaut'i 1 15 Products * (J I) Oo 100 7% preferred. .100 Case Lockwood 8c Case Caterpillar Tract.. * 5% preferred .100 Celanese Corp ...._* 7% cum pref--100 Particpref 100 Bondholders A.65 Class General-1 (J W) Oo 1 Carter Catalin Corp. Bowm Bilt 27% 10% 6% 9% 25% * Castle (A M) Co-_10 1% Biltmore Bowman Co Carnation Casco 42 ! Beaunit Mills Inc. 10 "2" r' 9 Am vitrified Prod.* Preferred * v Barker _ 12 25% _ $2.75 cum Bower Roll 10% 6 & Paper A * 47% * 125% Bayuk Cigars 7% 1st pref 100 22% 4% Beatrice Cream. .25 Warrants 76% $5 preferred w w_* 78 138 Bearings Co (Am).* 1st preferred 7 100 2d preferred-.100 12% 46% Am Sumatra Tob__* Amer Thread pref. 5 . 54 17 ,;i6% Stove. 100 Amer Sugar Ref.100 7 % preferred- .100 B 52% 131% 50% 125% V; 53 * * 76 1 * * Carriers & 80 , Class B 27% 6% 27% 1% 24% 5% 27% 28% 51% 6% 8% 27% Carman & Co A...* 26 Scrymser--25 Coupon * Registered * Brit-Amer Tob reg£l Barnsdall Refining. 1 6% non-cumpflOO Common I* 48% 83% 141% 83% 140% Am Steel F'dries American 2 24 68 93 88% 42% 5 Stainless com 38' Carpenter Steel 7 Steel 115 Carey (Philip) 6% preferred Carib Syndicate..25 Carrier Corp 64 48 6 Carborundum Co..* 24* 34^ «* 5 46 2 Amer Seating * Amer Ship Build-.* Am Smelt & Refg..* preferred-.100 2d pref...100 33 * Class B 44 11% 15% 12 American Screw_100 Amer Seal-Kap 12 'l9 59 28 5% 4% Capital City Prod.* 15 Boston-Herald Traveler Corp.--* Boa ton Woven Hose & Rubber com..* 24 Preferred—100 28% Botany Consol Mills 109 Class A 50 Old common .* 22 New common—1 24 Preferred 25 69 Bourjois, Inc * 119 1 21 ♦ r Corp Preferred—100 r 105 43% 13% 75 1% 27 Invest 29% 2% 5% 41% 70 18.50 Common Canadian Can Indus Alcohol.* Brit-Amer Oil Ltd— * pf.100 r 100 Foreign— Can Fairbank S3 Borne Bancroft (J) & Sons* Preferred 100 Bankers Industrial 41 * r 88 4% 10 Bardstown Distill.. 1 1% 1 Airways 37 preferred-_ 100 18% Barber Co Inc 23% Borg-Warner Corp.5 38 ;.,9% Service cl A 18% 25 * Canadian Dredge & Dock 82 T i!* 4% 4% 18% . Balwin Rubber Amer Radiator & Stand Sanitary. .* 17 72% Brinks, Inc New warrants 47% & 29 12 23 108" Warrants 3 34% 105" 7 %preferred. 100 Pref assented.. 16 50 6% preferred ..50 14% 64 Celanese Canadian Colonial Bond Stores com— Borden Co 15 85 _ 7% 1st pref 11% 15 New common. 100 >' 11% Amer Pneu Serv__25 ' 1st 24 IS* 26 59 10 Bohack Realty pflOO Bohn Alum & Br..5 Bon Ami com A—* Common B * 117" Wks__* Baldw Loco » .5 18* 87 112 Canad 15% Canadian Oar & Fy * Preferred 25 50 23% Rights — Bohack (H C) com 15 100 r 109 Preferred 21% 25% preferred—-50 60% 2d preferred B . _ 10 Bliss & Laughlin—.5 100 27 Bloomlngdale Bros.* 10% Blumentnal (S) com* 7% preferred-.100 Boeing Airplane.-.5 13 Class B American News \ 2?g 29* Warrants IK 45% 112% Amer 25% 9% 5% Per share 46% Canadian Bronze..* r 48" 1st 10% Preferred 1% 3% 28 112 110 Blauner's com * $3 Preferred * Blaw-Knox Co * Bliss (E W) Co. — .* "5% Automat Vot Mach * 6 13* 35% 5% ment common Automatic Prod Am Laund Mach_20 Amer J7/* 33 95 13% ¥ 5% 69 116% 10% 15% 18% Amer-La France & Foamite Corp— New common.. 10 Warrants 23* 8% preferred .100 Automatic Instru¬ 54 13 21? Autocar new com. 10 81 5 Amer Insulator..._* Preferred 50 Am Internat Corp.* 12 34% 11% 2% 20% * 106% Atlas Pipeline * 35% Atlas Plywood Conv preferred.20 15% * 6% Atlas Powder 5% convpref—100 40% ._* 42% Atlas Tack Auburn Automob..* "3% Austin Nich & Co..* 22 $5 cum prior A..* 37 Amer Home Prod.-l Amer Hosiery Amer Ice Co 11% New common...* Bid Par Stocks Ask 26% Elec Co.-5 Preferred -* Black&Decker Mfg * Birtman ...» Common 106% 150 112 25 Bid Par Per share Print Works 132 Amer Amer Fork & Hoe. Arnold 101 Amer Coal (N J) -.25 Amer 28% 120 5% preferred. .100 Chicle * Amer Cigar ette & Cigar Co.....100 \ Preferred 100 Amer of the month preceding the date of Issue Stocks Ask Per share Per share 28% Am Chain & Cable.* MISCELLANEOUS STOCKS & Quotations for all securities are as near as Ordinary shares.. 5% income A 6% conv pref '■ 5 4 3% 5% 4% 4% 100 t Called June 30 at 110. t Called June 1 at 105 plus $1 dlv. July, 1937] Stocks & INDUSTRIAL Quotations for all securities Ask Bid Par are as near as Stocks Bid Par Per Per share ' Col Fuel & Iron Warrants 8% 34 32 • W preferred ,100 Colt's Patent Fire Arms Mfg 25 Columbia Baking—* 62 10 00X 8 17, Sys Inc A new_2)4 New class B.234 Columbia O & G___1 U* 27 Columbia Pic com.* 30 42X 21X 15 15 15 X 13 14 si* Congoleum-Nalrn- * Congress Cigar * * Consol Biscuit. 1 Consol Car Heat.100 Cons Cigar Corp..* IP '7P 53 5 65 85 X 100 85 6H % pf ex-war 100 7% preferred-100 85 90 78 82 X Cons Film Indus. .1 $2 cum part pf._* Cons Laundries 5 2H 2% 10 X 21" 19 15H 15 104 X OX 100 98 2H 9X : X ;V Consolidation Coal— Common v t C--25 9X 2 Warrants6% prefvtc—100 Container Corp.—20 Rights Continental Baking i 2% 9% 42 28X 28X 20 X 2X Class B 85 8% preferred-100 52 X Continental Can. 20 Continental Cushion . 3X Spring com 19X 2X CJont Diam'd Fibre. 5 Continental Mot—1 Oont'l Oil (Del)—6 Oont'l Oil (Mex)--l Oont'l Roll & Steel * Preferred Cont Screw 43 X X J17X 102 100 com. .10 Preferred 26^ Cont Steel Corp...* Preferred 100 105 * 13 33 16 7 Converse Rubber. Preferred _ Special preferred. * Cook P't & Vjtrn—» 10X $4 preferred----* Cooper Bessemer.. 1 $3 prior pref * 23 61 32" Copperweld Steel. 10 Cord Corp.— 6 Corning Glass Work 2X 115 105 Preferred 62 X Corn Prod Refg—25 7 % preferred- -100 Oorroon & Rey'ds.* $6 89 Petroleum New common New 157 4X A pref--* conv Cosden 4X 25X 1 5% pref..50 3 Warrants.---- 7X * Ooty Inc 5 Crocker-Wheeler --* Radio & 10 Television com 1 Devoe & Raynolds— _ Class A (non-vot) * Common B * 7X 100 * 6% part pref Diamond Shoe 25 * 't 108" 15X Prod..2 16 67 7 27X "8" 28X $2.25 pref w w_.* Preferred x-w—* 10 Tobacco—* k ■i- IVA 6 60" 3834 100X 2X 39 ~3X 8% preferred—10 * 40" 45" 6X% preferred— 104 X 21 17X 9X MY* 57 X 32 X 7X Tlnplate Elec General 11% IX 4X 29 2X 35X 15X 3X 34 3X 15X U4X 153 X m Hosiery* 27 5% i M 18 4X 29 1 2X 3X pref_20 .20)4 33 X r 2 2 21 22 X 6 7 % preferred- 110 -100 4X % General 3ex 22 99 preferredlOO * Mills eox 119 pref--100 cum 49 X 112X * 10 Class A 6% 4§* * * Common * 5 40 89 X preferred--100 62 -* General Print Ink- -1 Gen Plastics * $6 preferred Eureka Vac Clean. 5 Evans Products 5 Ex-Cell-O A & T 3 Exch Buffet Corp..* Gen Rayon A stk—* Gen Ry Signal * Fair (The) Chicago * Gen Steel Casting— Common-* 6% preferred--100 Refractories--* Fairbanks Co 57" Gen 25 $6 conv pref-—-* 8% preferred. 100 Fairbanks Morse. _* Gen Theat Equipt— Fajardo Sugar 20 Falsthff Brewery. _1 Famous Players Can Corp com.-l Voting trust ctfs.. Fanny Farmer Candy * common—.* Old common New 6% preferred-.100 Convpref v t c--* Sub warrants Opt warrants Gen Time Instru--* 29 r Gen Tire & Rub—5 Rights--. r 6% cum pref A100 * Genessee Brew A__l Fansteel Metallurg * Fedders Mfg 5 Georgian Inc com..* Federal Bake Shops* Preferred 30 Giant Portland— A preference—20 Cement com 4 34 % preferred 100 50 50 Corp.l $5 conv pref * Gimbel Bros—-—* Gleaner Harvester.* Glen Alden Coal—* II* * 4X %conv pref 50 Globe Wernicke—* Glidden Co .28* Godchaux Sugar— Class A Goebel Brewing— Goldblatt Bros — Good Humor Corp Goodyear Tire & Rubber Preferred G or ham Inc 4Xs conv pref-100 Bros Gear & Mach com 5 Preferred 100 Ford Motor Ltd— Am dep rets ord— Ford Mot of Can 100 Class A-----—-* Class B * Ford Motor France Am dep rets—— Foster w heeler- -10 $7 conv pref-*--* Foundation Co.—* Foreign shs A—.* Foundation Co \t: of Canada * t Fox Film class A—* 99 4 Grand Union ctfs_.l 3 X $3 cum conv pf. * Granite City St*l_.* 3X 3934 23 X 30 10 34 10 10X 48 Freeport Sulphur-10 6% conv pref-100 109 27 X 1334 17 X 15 Trailer. .1 Preferred 19 X 8 31 31 Gray Telephone Pay Station com 10 Gt Atl & Pac Tea Non vot com Preferred * 100 Great Lakes SS * 25 Gt Sou Lumber. .80 Great West Sugar. 7% preferred.. 100 $6 preferred.-100 $1.50 preferred. Gieen (H L) Co.-.l Greyhound Corp. .5 * Common Gabriel Co cl A---* 5X (Robert) com.l $3 Preferred 10 Gallager&BurtonA 1 Galveston * Graton & Knight-_* Preferred 100 Greenfld T'p & Die* Gair 8 . Grant (W T) Great Nor Pap Froedtert Grain & Malt common—_1 Fuller (G A) Co— Partic prior pref-* 151X * Gould Coupler A-.* Graham-Paige Mot 1 Grand Nat Films.. 1 Grand Rapids Brassl Preferred 5 Grand Raps Vara.* 22X 24 Franklin Ry Sup..* preferred Hosiery com * 7% preferred..100 Gossard (H W) (Peter) Brew-5 F-R Publishing * Francisco Sugar—* Franklin Rayon—1 172 A.* Gotham Silk eX Fox * com $3 pref with war. * Gorham Mfg vtc.* Foote 1 * 50 Canada 100 Food Machinery—10 25 * com $7 2d pref. * $5 conv pref * Goodyear T & R of — 23 34 1 Goodrich (B F) * $5 preferred—._* - 1054 * 50 Worsted _50 Preferred Good all - 10X * Class B 7% 1st pref—-100 Fishrnan (M H) * Preferred 100 Fisk Rubber Corp.l $6 preferred—100 Flintfcote Co com. * Fla Portld Cem uts. Florence Stove * Florsheim Shoe com* Flour Mills of Am- * Preferred * Preferred * Preferred Gobel (Adolf) Co—1 10 Common 0 % pref ser A-100 First Nat Stores—* 2d * $6 preferred & * (Marshall) Fruehauf 36 172 X * -—* Gilchrist Co * Gillette Saf Razor.* Fuhrman & Schmidt Brewing com 1 6% preferred--100 Easy W Mach B * Eaton Mfg Co 4 19X 24X 17X Gen Foods Corp— * General MachinelOO 5% preferred 32 1 Ltd— Gen Optical pref — * Gen Outdoor Adv'fg 30 Eastern Roll Mill. .5 Eastern Sugar Assoc 34X General Motors—10 Follansbee Bros—* HI* 26 pref.-* 110 3 1 Am dep rets reg £1 Gen Fire Exting—* Gen Fireproofing—* 6% Endicott-Johnson. 50 5% preferred--100 Equit Office Bldg__* Eureka Pipe Line.50 Fobs Oil 100X Cuneo Press 43 Gilbert (A C) Preferred 145 152X 129X 101X 271H Class Federated Dept Sts * Mfg Preferred Eastman Kodak * Preferred 110 Internat'l.l 2.20 5 Gibson Art 100 Common General Bronze.General Cable ~e" Ely Walker D G—25 1st preferred--100 2d preferred-.100 Emerson Drug. .2 X Class B 2X Emerson Electric 100 Empire Sheet & ' Eastern Mfg com..* Preferred * 18X e2x ux Fed Screw Works. _* 2AA 49 East Dairies Ltd * Eastern Footwear _1 East Mall'ble Iron25 8X 113 Transportation. _5 Baking—5 ..* General Box Corp.l $8 1st pref 52 X 6 %non-cum pref50 Filene's(Wm)Sons _* Film Inspect Mach* Firestone Tire & Rub Douglas Aircraft--* Douglas Shoe pf.100 3 7X General Electric—* 2X 5th Ave Coach—25 Doubleday Doran_. 11X * 27 X Elgin N Watch 15 Elk Horn Coal Corp* 18 conv Co 7% preferred--100 OO..2X 15X 35 Oil Gen Alloys Gen Crude 1 r Doehler Die Cast * Dold (Jacob) Pkg— com 62 58 Gar lock Gen Cigar common * l Co Dominican Coal pf 25 Dominion Glass. 100 Preferred 100 Dominion Steel & Coal B -25 Dominion Stores * 20X Pack * Gar Wood Indust—3 pref conv m Corp Common Electrolux Corp Field $1.50 1 7% preferred--100 35 Elec Shovel Coal—* Partic pref * Elec Stor Battery. .* Elec Vacuum Clean* Electrol Inc vtc -.1 35 * Domestic Finance— Cum preference.* Dominion Bdge.100 100 X * 20 $3 7% preferred--100 Dr Pepper Co.---.* Dodge Mfg * Eason Cuban Atl Sugar— 30 1 100 * $6 conv pref Gardner-Denver General Carpet 21 Duval Texas Sulph .* Dwight Mfg 15 Eagle (C K) preflOO Eagle Lock 25 IX 11X 9i Fiat Am dep rets— Fidelio Brewery—.1 6% preferred--100 Duro-Test Corp 1 114 7% preferred--100 lift X -100 - F G Trading Preferred Class B 2X 50 k 19X Crown Zellerbach—5 V 17 X 94 $5 conv pref * 61 Crucible Steel—100 3ex Electric Auto-Lite. 5 Electric Boat 3 Elec Ferries com__I* 6 % preferred lix 25 X Gannett Co Inc— General 62 Durham com—* 11X 1 19X MX Common --—«-* cum Per share Federal Motor Tr__* 9X ■5% Class A * Dixon (J) Cruc—100 Dobeckum Co com. 1 $4.50 42 X 38 1 1 com 81 Preferred -10 General American * Electrical Steam Sterilizer Ferro Enamel Dow Chem 24 * 89 Dixie-Vortex Co- GX% pref —♦ 21X Seagrams Ltd.—* 5% pref w W-.100 Distillers Liquors.-5 6% n-v deb—100 71 2X 100 Common 210 Discount Corp (NY) DistUlers Co Ltd- £1 Distillers Corp- ,[-7 ■ 2 Magneto" * Preferred 120 100 Dictograph 27" 34 Dunhill X Eisemann 32 25 Preferred-100 Eisler Elec Corp.. l Fairchild Aviation .1 64 2 Dictaphone Corp..* Preferred 11 26 105 0X% pf (ww) 100 Diamond T Motor I n* <8* 114 26 X 33 X & Co common. .20 Crown O'k & Seal.* Distil 46 ex Bradstreet Corp.* Dundee TextUe * -■Mx Cummins o 45 Duplan Silk * 8% cum pref. .100 DuPont (EI) deN :• IX 7% preferred-.100 110 V* 12 100 1 Detroit Paper Prod 1 —100 Dryden Paper * Dubilier Condenser * Dun (R G)— - Crown Cork Int A.* Preferred 2X 434 19X OX Preferred * * 100 5% Preferred -100 Cudahy Pack 50 ' Dri Steam Valve..5 Driver Harris Co 100 12X X 1 Crown Cent Petrol-* Cuban 17X 2X 4X 1834 Stove 1 2d preferred Diamond Match 8% Emsco Derrick 17 15X 17 X 1 ?art conv n-c A_* !lass B * 36 X Common 8t* Mfg— Detroit Steel Prod.* Detroit Sulphite.-10 , 60 ex Harvester .1 Detrola 126" 75 6% preferred—20 Detroit Gray Iron & Foundry com 1 Detroit 120 57 * Common 5 Creole Petrol Crystal Oil Ref * Preferred---—10 Cuba Co * Cuban-Am 8ug—-10 , Supply com 10 Derby O & Ref com » Mich 3X Preferred Dresser (S R) U28X Crown Drug Preferred 8% preferred--100 Dentists' (The) 5% Warrants 11X JX 60 10 7% preferred.. 100 Detroit 18 10X Class A Det Gasket & 14" P 118 Stocks trust ctfs_ * * Delay Stores 1 Del Rayon A com. 15 Delta Electric.-2.50 Dennison Mfg— 4X . 50X X . 20 X 49X Old common.—* New common 11 Electrographic 137 Cream of Wheat Crowley Milner 1854 - * X 40 X 101X 5% conv pf 100 7% Preferred-100 tll62'32 25X Creamery Package.* Preferred 18X Gilbert Corp Preferred 14 $1.50 conv cl A_20 Common * Orowell Publish'g. 10 Dei8el-Wemmer Preferred 100 Dow Drug-——* Cramp (W) & SnslOO Crane Co com 25 Crosley Radio 27 13 X Ltd— Am dep rcts ord£l k Covered Wagon Co Courtaulds Croft Brewing- 26X Divco-Twin Truck. 1 10 129X 20 _ |K 37 * A ~7X 129 * com 7% preferred $1 Preferred 9X 8% preferred--100 Deere & Co 11 10H * 26 2X 36* 12 V 0X% preferred. Cons Mach Tool uts 28 24 15X 21 Consol Aircraft-—_1 23 Co. $6 conv pref Gamewell 19 Common... 2 5% preferred--.50 Educational Pictures Elec & Musical Indus Am shs 35 Class A Edison Bros Stores— 13 X Deep Rock OH & Ref 7% pf—100 13 X ',1X Consol Royal Oil. 10 Consolidated Steel * Consol Textile * 20M 13 X 12X Dayton Rubber Mfg Common.--* Conde Nast Pub--* Condor Pictures 1 Class 14 Bid Stocks Per share 55 20X Davison Chemical— Common 1 59 13 X $5 cum div pref.* Consol Retail Sts-.l 74 55 75 2X 12 X 12X 19X 10X 64 X 119 Shoe— Mach vtc 1 V t c extended.--. Consolidated Oil 17 X 25 120 Oompo ww- "To* S5X Par Ask Bid Par Eitingon SchUd Darling Stores Corp $2 partic pref * Davega Sts Corp.-5 5% conv pref--25 Davenport Hos'y--* 63 X 106 5SH Stocks Ask T T llH 100 Comm'l Solvents-_ Com'wealth Dist 1 634% Pf ■ Dardelet Thr'dlock * 119 116 * pref * Dailey Corp 1 Darby Petroleum. .5 30 X 41H $2.75 convpref—* conv 7% cum pref.-100 $8 cum pref * w* 28 o Commercial Credit Common.10 4X% conypreflOO Comm'l Invest Tr.* $4.25 conv pref. $3 5X 17X Ourtiss Wright Oorpl Class A 1 Oushman's Sons— Cutler Hammer 29 nVA 77 * 7X Vot tr ctfs com__ v t c ♦ $7 preferred 20 Preferred * Columbia B'casting Colum Carbon Curtis Publish 12 X 87 MISCELLANEOUS STOCKS possible for the closing day of the month preceding the date of Issue % preferred. 10 Groc store Proa.25c Gruen Watch.—-.1 Preferred 25 H ouston * Guantanamo Sug__* 8% preferred. .100 • without par value New stock. i t Called Sept 15 at 110. Ex-dividend. t OaUed July 1 at 110 plus $1.75 div.' k Last sale. V n Nominal. r Canadian price. INDUSTRIAL 88 & MISCELLANEOUS Stocks Ask Bid Par Stocks Par Bid Stocks Ask 18 59 13 6% pref * Indiana Limestone .1 Indian Motocycle..* Preferred. ...... 10 20 Indiana -.100 47 Hale & Kilburn-— Preferred 100 Indian Refining.. 10 Indian Terr Ilium 105* 125* 10 Oil non-vot A 4% 14% Class , 55c 2% 25 OU Gulf Oil Oorp 54 Gypsum Lime & Alabaster Ltd. Hajoca Corp Preferred Hall Lamp com * Hall (W F)Print'g 10 Haloid Co —5 11* 28 Watch..* Hamilton * (M A) Indus Finance vtc 10 Preferred 100 Industrial Rayon..♦ 8* $5 cum pref * Harbison-Walker Refractories com * 6 11 41% 130 % preferred. _ 100 lU'i 6% W "65* $5 preferred...100 Hartf'd Rayon com* Preferred 100 Hartman Tob 10 Harvard Brew 1 Interlake Iron 185* ox Int. Agricultural. _* 7% prior pref. 100 IX 1 Class B n-v Int Cigar Mach Int Harvester 94 6 6%% pref ww 100 Hathaway Bak A 2 4% * Hazel-Atlas Glass.25 Hazeltine Corp * Hearns Dept Stores Common... 5 IX America Petrol Internat Prod Internat Pulp Preferred Internat Radio Helena Rub'stein..* S* --* A $3 pref * (W E) com.2 15 9 W..25 25 25 25 25 7 % non-cum pf 100 Hendey Mach "B * 101 Heller Preferred w Preferred xw Helme G W) 155 II* Hercules Motors * Hercules Powder..* 6 % preferred _ 100 152 132 . Herr-Hall-Marv 100 OX Hershey Creamery.* 100 Preferred 62 104 Hershey Chocolate.* * 5 Heyden Chemical. 10 $4 conv pref Hewitt Rubber 135* 39% Heywood-Wakefield 25 Common Hilton-Davis 45 Chem Common preferred..5 Hinde.& Dauch 295* 355* 10 6% conv pref. 100 Hires (O E) Co A..* 1045* conv Preferred w Chemical com. 100 Preferred 100 Horder's Ind * Hormel (G A) & Co * 108 Horn (A C) com 1 Prior preferred..5 10 Horn Hard't(NY).* 5% preferred..100 32 5* 91 M* 75* 1025* Houdaille-Hershey Class A * Class B 375* 185* * Common * 58X 89% _5% preferred..100 9% com 105* 255* 52 57 1st preferred.. 100 Hudson Mot Car..* Humble Oil & Ref. * l\* 76 _ 145* li* 79 Fibre 5 .6% preferred. . Hupp Motor New common _ 105* 45* 145* 1% 35* 215* * .20 10 1 Hussmann-Ligonier Huylers Inc— Common Keith-Albee-Orph— 97 1095* * l X 7% pref unstpdlOO 7% pref stmpd 100 1 15 Hygrade Food ProdS k Hygrade Sylvan * 26 155* 3% 175* 45 109 X 79 6 %s conv pref * Ideal Cement ...* „ Illinois Brick 25 Imco Partic Ltd__.l Imperial Oil Ltd...* Registered shares. Imperial Tobacco 115* J* 20 X 20 49" 8l" 125* 15* 205* 205* 2 435* 8% 815* 48 10?* 1 135* l 10 Corp com $6 part pref A...* 17 105* 185* Kendall Kennedy's Inc 5 $1.25 conv pref. Ken-Rad Tube & . 1015* 115* 17 * 21% 2% Lamp A. * Keyes Fibre com..* Class A Keystone Steel & 103 * 100 Loblaw Groc Ltd A* 225* 35* * 6 * Class B 15 155* Case —16 2-3 Kimberly-Clark * 52 57 35 385* ... Kingsbury Brew. . . 14 145* Imperial Tobacco 1% 125* 1 King Seeley com__l Convertible pref 20 Kingston Products. 1 Kinney (G R) Inc-.l $5 prior pref * $8 preferred * Kirby Lumber. .100 KIrby Petrol ..1 Klein (D E) Co * 34 45* 5 34% 505* 80 55* 165* 2 38 4% 55* 35 fj* fit* 10 11 Knight (B B & R) pf* 10 13 Knott of Gt Brit & Irel'd Corp 375* 37% ,95* .1 10 * 16 25 Cum pref 7%. 100 82 86 Kobacker Stores ; Jk* 24 24% 22 22 135* 11% 14 » 11* 18 75 106 75« 1055* 1% 525* 1% \ 55* 27 23 Taylor..lOO 240 270 110 20% 20% 130 7% preferred.. 100 * "3% 20c Refg.* 65*% conv pf-100 Ludlow Valve 4 35c 25 23w 6% Jk* 60 31 100 No par value. Ex-dividend, fExchanged for Pilgrim Exploration. ' $3.25 pref Mexico-Ohio OU ..1 I* 1 Mich Steel Tube.2 5* Michigan Sugar * Preferred 10 Mid-Cont Petrol. 10 Middle States Pet— _ Class A t c * Class B vtc * Midland v - 1% 1 if* 26% m Oil Corp— Midland Steel Products * 8% 1st pref... 100 $2 n-c div shares.* Mid vale Co 6 34% com ._._* Scrip Mid-West Abras.50c Midwest OU 10 13 109 17% 11* 90 2% A* 10 Minneap-Honeywell 32 45 46 Regulator * 4% pref ser B—* Minn Min & Mfg..* Minneap-MoUne Power Implem * $6.50 cum pref..* Mission Corp... * Mission OU 1 11 11% v ii* Mo Portl Cement_25 Mock Judson & Voe Common $2.50 Preferred 100 S3 8* 41 32 35 !?* Manati Sugar.. .100 5% 3% deposit- ig 2 5 Mohawk Liqueur. .1 Molybdenum Corp 1 Monarch Mach T'l * 16 Ctfs of deposit. Mandel Bros Inc * 12% Monroe Loan Soc A1 13 14 Monogram Pictures 1 19 100 Monsanto Chem.. 10 Montgomery Mangel Stores6 ....1 19' 18 Manning Bowman 10 3 8 Manufac's Trading 1 Mapes Cons Mfg._* Maple Leaf Mill * Preferred 100 Maracaibo Oil Exp.l 2% 5 25 23 r r 6 5% 6% 3% ' 'jmimm- 3% 69 Marathon Paper. .25 Margay OU Corp..* Common •; ■: 71 29% 32 9% V 9% 39% 37% * * Moody's Invest Serv part pref.. * Moore Corp com..* 6% 19% 10% 94% 25* J* 20 2% :3% 89 54% 1365* 30% 41% 173 Preferred A Preferred B 100 Moore (Tom) Dist.l Moore Drop For A. * Morrell(John) & Co* Morris Plan Preferred 95* It* Ward ... Class A $5 conv pref * Manhattan Shirt.25 Manischewitz * & Co common 96% 110 . Pipe Line 1 Majestic Radio & Television com_.l Mallory (P R) new.* ^5 Missouri Kansas 131 65 Macy (R H) Co Inc * Mad Sq Garden __* Magazine Repeater Marine Midland 65 Mexican Petrol....1 Mich Bumper Mich Gas & Oil 42 - . 124 * II 30% 121% 25* 8% Preferred Mack Trucks Inc..* MacMillan Co * Warrants 7 % preferred- 125 Metrop Playhouse.* Metrop Tobacco-100 Mexican Eagle OU.4 40 6% preferred--100 com 2% 325* * Metal & Thermit..* Preferred 100 5 com 25c 10 Morris (PhiUp) & Co Ltd 245 3% 60 37 45c 5% 10 86% 42 Morse Twist * 12 13 43 47 & Machinery. .100 Mtge Bk of Colombia 92% Preferred 100 Marshall Field & Co* 23% Amer shares..... Martin (Glen 20 Martin Parry Corp * Corp. .5 4% 275* 195* Mount'n & Gulf Oil 1 Mountain Prod 10 Mueller Brass Co..l 38% Marlin RockweU._l Marion St Shov L)___l Masonlte Corp * 5% A conv pf_100 Massey-Harris * Preferred 100 „ Master Electric Math'son Alkali 1 * 7 % preferred- .100 8% 49 : V 23% 20% 8% 50% 115 106 11 11% 64 65 22 20 33% 32% 143% 145 Mayflower Assoc— Stamped * f x 1 50 30% Macfadden Newsp.* Macfadden Pub—* Common Corp Miller (I) Sons com * Pref 65*% 100 1 Corp Ctfs of Machine Mesta $2 conv pref 120„ Loudon Packing _ * 5§% 6 107$ Razor 57 Metal Textile Oorp * 295* 1065* Lord & 60 5 Metalastic r Long BeU Lum A--* 12 m 48 r Lone Star Cement.* 54% 35 1 32% 82 * Common Merritt, Chapman & Scott com * 65*% pref A100 Messenger Oorp Mesabi Iron 75 pref..* cum Loft Inc 7y, Wire common._.* Keystone Watch 22 10 53 4 Brothers- Locke Steel Ohain.5 Lockheed Air Craftl Locomotive Firebox* Loew's Inc * 125* 19 42 47 Preferred 14 Conv class A__ Class B Klelnert Rubber. .10 of Canada com. .5 Amdeprctsord £1 , 115 Lino.* 525* 325* * * Liquid Carbonic—* 2 * 30 * com. 205* 5 M* 27 25 Common 27 7% conv pre* 100 Keller Dorean Color Film 20 Common 4% 4 Lion OU Refg Lit 60 58 5% preferred--100 ,75* KelloggSwitch & S .* 5% conv pref. 100 Kelsey-Hayes Wheel Vot tr ctfs Howe Scale com *• Link Belt Co 9% Preferred Kayser (Jul) & Co_5 Kellogg Co.. 25 20 10 Preferred Ludlum Steel 12.50 10 100 93 $1.50 conv pref_20 Houston Oil (Tex)— Hunter Steel 100 Lukens Steel 60 Houston Oil Field Hummel-Ross _ 161 1565* MacAnd & Forbes 10 Common 6% preferred.. 100 96 Lynch Kaynee.... 89 35 94 25 B Louisiana OU 1 St's 7 Merck & Co com__l Merrimac Mfg. .100 Preferred .100 91 com. * 98 71 Dept _ 96 30 Drug x% 1st preferred-.100 2d preferred--100 Lorillard (P)_ 10 ..100 5% 25 * Transportation- 65 1185* $2 Partic pref Merchants & Miners 125 26% 73 1175* 95* 3 38 102 Merchants Refrig..* Preferred 100 21 100 100 63% 355* Sec Co class A.l 26% Julian & Kokenge..* Kalamazoo Stove & Furnace com 10 Kaufman Preferred Corp.-5 Lig & Myers Tob.25 Life Savers 64 55* Mercantile Stores. _* Lib McNeil & Lib.* 20 1235* Shoe Mengel Co 1 5% conv lstpf.50 Mercantile Credit- .1 Mergenth'ler I* * 35 99 Melville 10 * Merrimac Hat.....* Preferred 50 r Kelly Springfld Tire Finance 59% 5* 127 * Mellins Food I $6.50 5?; 7% preferred.. 100 Katz 5 69 $5 preferred—100 Longwest Corp * Loose Wiles Bis. .25 7 Jeannette Glass * Lake Oil. Jenkins Bros .25 Jewel Tea ...» Jefferson * Merchants & Mfrs 85 4 "4 100 Preferred 145* 195* 985* 5% pref n-v—100 82 Lily Tulip Cup-..-* Locom Wks_* Lindsay Lt&Chem 10 9 18 9 ... Preferred 19 Jacobs (F L) Co 1 Jantzen Knit Mills.* Preferred 179* "2" Lima 205* 11% w__25 7% preferred.. 100 8% J* 32 100 1 Ley (Fred T) & Co.* Libbey-Owens-Ford* Liberty Baking— 7 % preferred- 55* 25* 285* 245* 1035* 365* 185* Irving Air Chute 1 Irving (John) Shoe.l Preferred .,14% 1% 41% 45*% pref Lessings Inc 12% 21% 25 ~ 405* K O Stk Yds Me.100 "95* Hooker Electro Material 114 6 8%1st pref...100 Iron Fireman vtc * , 30" Holly Sug Co 7% preferred.. 100 Holt (H) & Co A..* Household Mead Johnson com * 43 * $6 preferred serA* 23 42 Steel common. 100 $5 92 3 $3 conv pref Mead Corp com 19 39 89 7% preferred-.100 Interstate Hos'y * Intertype Oorp * 24 Sk* 39 .SOprefser B_.» 24 _ 104 Hollander (A) & Son 5 Holland Furnace..1 25 Common 6 5* % preferred. * Interstate Dept St's* pref 45* 36 245* 2% 135* Leland Electric * Leonard Oil Devel 25 Lerner Stores * UB Int Vitamin Corp..* Interstate Bakeries* Holophane Co 40 * 34 __5 39 16 6 Johnson Educat Bisc Class A .* Johnson Tin Foil & Metal 100 Jonas & Naumb'g25* Jones & Laughlin Common 100 Lawrence Portland 14% 8I* Rights . 28 6% conv pref.100 McWiUiams Dredge* 38 IP 100 1 Johns-Man ville Class B_. ._* Hoe (R) class A..10 Prior pref 65 McLeUan Sts com.l 99 345* 13 % 10 Plate com Lehn & Fink Prod.5 II* Int Safety Razor B_ * Internat Salt * Internat Shoe * Internat Silver. .100 7% preferred.. 100 Int Text Book * „ 24 1 105 90 44 17 Pub-* McKesson-Robb'ns 5 12eM * 9 99 Lanston Monotype Machine Co 100 McGraw-Hill McKeesport Tin Lehigh Vallev Coal * 6 /o cum conv pf 50 Lehman Corp * 265* » 115* Motor 14% 6 18 * 19 X Parts Corp com.3 12 Leh Portl Cement.25 7% preferred-.100 Int 7 % class A pref_25 Hecker Prod v t c__* Lane Bryant Inc..* McGraw Electric..5 18% 132 * 14 Hearst Consol Pub— Hein-Werner O 70% 41 Lefcourt Rlty Oorp 1 Conv pref * Leh Ooaf& Nav—_* 57% 37% 9% 87 6% 16 McOrory Stores 1 Conv 6% pref.100 155 5 55* 4% conv pref. 100 50 6% conv pref. .50 $1% * 7% cum pref..100 Int Pap & Pow A..* Class B * Class r 39 9 7% preferred.. 100 1 r Corp ..1 Landers, Frary & Clark 25 Cement 1065* New common.. 15 New 5% pref.. 100 Warrants 155* 29 28 Lanatin Internat'l Metal 102 * 100 Oil Co Preferred McCord Rad cl B.. * 147 * Int Nickel (Can)..* * Preferred 50 102 36 98 24% 18 Lee Rub & Tire Industries cl A._* Hayes Body Haytian Corp of IP 475* % ... Refining pref. .100 McCall Corp * McOoU-Frontenac ...» 47 152 25 _* Int Mercan Mar Class B Class * Int Business Mach.* 10 X y 9 205* arrants 56 II* 60 McCahan Sugar Lambert Co . Inter cont Rubber..* Corp class A..1 1SH "4~~ preferred. 100 17 Hat 34 11% 145* 7% pref w W..100 nlg * 2 32 * r 100 r Preferred 80 9I* 21 Lakey Fdy & Mach 1 * Potter com 205* 1 Milling 15* Interchemical Corp * Harris Seybold 125 Lake of the Woods 13 Lngersoll Rand....* 6% preferred—100 Steel 4 36 Industrial Silica.._* Inland Lago Petroleum 55 32 55 9% 94 34 May Dept Stores. 10 May Hosiery com.* Preferred... * Maytag Co * 1st $6 pref * cum pf w w _.* cum pref x-war* 9 110 50 Laclede Steel 55* 40% 6% cum pref__100 Clock. .5 Hammond Hanna 33 1st pref 2d preferred 49 10 Common Indus Accep Corp Cum prer. 100 108 X _ 25* 25* ._* X shares—£1 Koppers Co 6%pfl00 Kresge Dept Stores 1 8% preferred. 100 Kresge (S S) Co— Common (vot). 10 Kress (S H.« * 6% preferred—10 Kreuger (G) Brew.l Kroger Grocery & Baking common.* Indus Brown Hoist— 104% $6 preferred—100 Hammer mill Paper Amer 8* * B Per share KolsteavBrand Ltd— 16 Pipe Line 50 Bid Par Per share Indiana Gas & Chem & Goal Guardian Stocks Ask Bid Par share Per share STOCKS of the month preceding the date of issue Quotations for all securities are as near as possible for the closing day J Ex 100% stock dividend, k Last sale, Motor Drill Products Mot Wheel * MuUins Mfg Corp— Class B 1 $7 conv pref * Muns'ngwear Inc * Murphy Varnish... Preferred n Nominal, r Canadian price. 6% II* 25 12 68 fNew stock. July, 1937] industrial Quotations for all securities Stocks Bid Murphy (g c)_. 5% pref 100 Murray Corp 10 Murray-Ohio Mfg.* Muskegon Plst Ring Muskogee Corp * Preferred Ask Per share 70 72 104 105% 10% 18% 13* 10 19 » 13% miscellaneous stocks & are as near as Stocks Bid Ask Stocks Rayon Com class a 43 41 * ip Class a b 80 24 Petrol Heat & Pr._* 20 92 94 62 * 6 61 18 6 % % preferredl 00 North Cent Texas.5 75 14 Nat Acme Co 18% 8% 17% 18% No European oil.-l North German Lloyd Amer shares 37 28 North & Judd 25 North Pipe Line..50 n'west Eng com. * n'west Yeast 100 Norwalk Tire & Rubber * 25 29 71 73 if* l * 26% 11% .10 1 9 6% preferred.. 100 Nat Belias-Hess 1 82 if* 84 1% 7% preferred.. 100 Nat Biscuit 10 1% 23% Nat Casket com * 23 % 148 44 Preferred $7 Nat Cash Reg Nat'l City Lines * 111 __* 7% preferred-. 100 152 48 32% 32% 12 16% 18% 109% 111 .7% pref class b100 108 108% . Nat Dept Stores * 6% preferred10 Nat Dist Prod * Nat Enam & Stpg~* Nat Fire-Proofing 50 Nat Food Products . 15% 6% 28% 26% 4% . 14% 11* 2d non-cum pf_ .20 National Lead...10 , 33 1 % 77 67 97 100 46 43 67 37% 80 40 10* 2?* A* 10% 11 27 5%% preferred. 10 ♦ A* 29* 4* $7 preferred-* Nat Rub Mach * Nat Screen Serv * Nat Service Cos * Conv part pref..* Nat Shirt Sh Del..* $6 preferred.—100 Nat Steel Car Ltd.* Nat Steel Corp 25 Nat Sugar Refg.. * 2 19 12 12% 46" 52 24% 35% 119 . 7% 10% Nat Union Radio..* Natomas Co * 1% 9% 8* ill* 7} 10*_ 160 58 Pick (Albert) Preferred 22 108 10 12 70 13% 12% l% if* ii* j..25 29 Onondaga Pottery.* Oppenheim Collins.* 34 37 13% 13* o Sullivan Rubber. 1 Elevator._.__* 6% preferred 100 * 7% prior pref. 100 $5.50 convlst pf_* 21 8 10 _ 3% 46% 50% Neisner Bros.. 39 1 1 38 Nelson (Herman)..5 Neptune Meter a. * 11 8% preferred.. 100 Nestle-Le Mur cl a * 105 pref.i ~4% 94 13^ 12^ 12 _ 110 1% 1% Newberry (j j) co— * 50 52 5% preferred.. 100 Bedford Cord¬ 102% age common 5 Preferred 100 New Bedford Rayon Class a 25 New Bradford Oil..5 New Britain Mach. * New England Lime 16% 112% 106 New 15 17 5% 35% • ' #. * •' 17% 6 37% i iii 76"" 78 23% Class b 24 Tire 55 58 76" 3 17 17% 12 . 9 * 24 27 14% 6% 15 23 25 30 * 8% 8% 6% ~2% * 30 Airways. 10 Pan-American For¬ eign Corp class a1 35 63% 60 64 ^ 9 8% 95 18 21 22 Reel common. Parmelee Trans 96 3% 4 18 124% 16% 36% 20 New Idea com * n j Worsted pf_.100 20% 57 New Mexico & Arizona Land * New Niquero SuglOO "I 2% 12 Newport Indus....1 31% New Process Co...* Newton Steel * 32 n y Auction * n y Air Brake * n y Investors com. * 1st pref 100 2nd pref n y Dock $5 non-cum % 3% ■ % 3% 1% % 53% 17% 28 * 13 \l* '9% 10 Niles-Bement-Pond * Noblitt Sparks 5 Noma Elec Corp 1 North Amer Avia__l 55* 4% 33% 34% 16 49 51% 37% 39 8 11 4% 11% North Amer Car..20 5 6 $6 preferred * North Amer Cement 47 49 Common Class a pref Class b pref * ...1 1 ..1 39% 85% Pa-Dixie Cement..* Jk* 59 12 * 7 10 6 9 13% Without par value % 7 14% k Last sale, 7% Common $7 conv Penna v * t c pref * Industries Units 63 Penn-Mex Fuel 2 Penn Salt Mfg Penn Sugar 50 20 Penn Traffic 2% Penn Vy Crude Oil.. Class a........6 Class 23% 120% 3% b... __lc 4% 171 37% 2% is* 8% 42 86 n Nominal, r 112% 14% 10% 15* 110 133 m 7% % 1 66 ,5% 180 39 3 6% 3% 116 z 120 7% 35 33% * 40 5 45 5% 1% 31% 2 32% 7% 8 61 13 32% 5% > 70 i 14 33 6% 100 2 ~2% 24 17 % 17% 4% 5% 29 32 25 ——* 8% 2% 25 * 100 Preferred Ritter Dental Mfg.* ; 44 65 19^ Riverside Cement— A Class B * 13 * 2 * 93 Bobbins & Myers. _* Preferred 25 Robertson fH H)..* 30 6% preferred Robertson Pap Box.5 Preferred 12 Robinson (Dwight P) 7% 1st pref—.100 * . J00 3% ii* 4% 9 17 2!H * 3 5% preferred. .100 41 Rocky Mt Fuel 100 100 Preferred Rogers Majestic * Rogers Peet 100 Rome Cable Corp. 5 Roosevelt Field Root Petrol Co $1.20 25 5 1 pfd_20 13% Rose 5 10&25c Store common 1 Rossia Int Corp ♦ 28% eonv Royal Typewriter.* 7 % preferred- 100 Ruberoid Co * . Russeks 5th Ave_2 % Rustless Ir & Steel. 1 $2.50 conv pref..* Ryan Car com * 100 Ryan Cons Petrol.* Ryerson & Haynes.l Safety Car H & L100 Safeway Stores * 5% preferred. .100 6% preferred-.100 7 % preferred- .100 St Joseph Stk Yd 100 St Lawrence Corp.* Preferred 75% 106% 120 31% 11% 11% 45 2% 22 3% 11°1. 31% 105% 17 11 50 31 Mills com ..100 24 i Preferred 100 St L Nat Stk Y_. 100 72% St L Rocky Mt & Pacific Co—100 Preferred 100 46 1 Sanborn Map 25 San-Nap-Pak com.l Units Savage Arms—...* Savannah Sugar...1 Savoy Oil.. 5 Schenley Distillers.5 5%% pref 100 Schiff Co * com 8 7% 96 „ 6% 5% 97 4% 85 19% 34% 3% 38% 93% 20% 7% preferred-.100 Schulte Real EstatePreferred Schulte Retail Sts.l Scott Paper Scovill Mfg I1 1% 12% * 39% 25 41 Scranton Lace * Scullin Steel pref..* I 40 23 New common lh2% Warrants Seaboard Fin Corp.l $2 cum pref w w.» Seaboard Oil (Del).* Sea grave Corp....* 8% 27 39 10 100 Remington Arms..* * 6% 87% Seeman Bros * 45 Segal Lock & Hard¬ ware com .1 Preferred 22 24 109% 3% 4% 1% 50 Seiberling Rubber.* Preferred 100 Selby Shoe * Selfridge Prov Stores Am dep rets—_£1 k Sentry Safety Con.l 7 % preferred. Seton Leather 1 _ 100 * Seversky Aircraft.. 1 Reliance Mfg Co Ex-dividend. Common Warrants Serve! Co 23 Common Preferred 115 100 Sears, Roebuck 5 7% pref vot...100 * * Reeves (Daniel)—* 6%% pref 100 Reis (Robt) & co— * 7% 1st pref—-100 Reiter-Foster Oil..* Reliable Stores * Reliance Bronze & Steel common—1 6% preferred. .100 Reliance Elec & Enj (Illinois) 47% 51 5% Raytheon Mfg—50c 6% preferred 5 Real Silk Hosiery Mills common Rice Stix Dry Gds_* 1st pref 100 2d pref 100 6% pref——.100 % Raymond. Concrete * 17 59% 49% 8% 10 common 8% preferred. .100 49 110 Randall Corp pt a_* Class b * Pile common "4% 24% Schulze Baking * Reed Roller Bit 25 Canadian price, 102 108 128 17 Red Bank Oil. 6 8 46 18% 109% Rainbow Luminous Raybestos-Manhat * 6% 3% Units Peoples Drug Stores* 6% conv pref. .10 18% 100 B Samson United 108 % 100 Preferred 33 5% 2% 10 * Preferred 100 St Regis Pap com..5 Preferred 100 Salt Creek Prod..10 Product a—.._* 45 i Penn Glass Sand— 117 116% % 8% preferred. .100 6 % preferred -.100 Purity Bakeries...* Pyrene Mfg 10 Quaker Oats * 6% preferred—100 Class b com 5% 6% 5% 3% 5% pref a..* conv Pure Oil Co Ralston Steel Car 100 Penn-Central * Air¬ lines Corp 1 Penn Coal & Coke 10 Shipbuilding.. 1 Founders shares. 1 * 209 Alegre Sugar * guaker State Oil—10 adio-Keith-Orph.* 3 JX Penney (j o) Com.* 8 7 14 n y Merchandise. 10 n y 100 10 Penick & Ford 5 4 28 15 31 * 57* 56% 49 95 14* Pender(d)Groc'yA * 47 * Inc 5%% conv pf_100 Reynolds Spring 1 Reynolds Tob 10 St Lawrence Flour 16 11* 4% 6% * Class b 19% 19% 1 52% 17 0% 1 com 51* 45 46 13 Corp 3 Weighing & Vending 30 Pressed Metals Am. * Pressed Steel Car— 32" Pullman 92 Peerless Cement...* Peerless 39 21% * 1%% % Pathe Film Corp 1 7% preferred * Peck, Stow & Wile 25 Peerless 35 43 Railways Corp * Preferred v.v, 100 n y Transit Nicholson File 1900 Class b % 81" 78 pf_100 7% pref 1?« II* ii* 30 * ~3% 12% 37 27% 2% Mills 1% 2% Pratt & Lambert..* Punta 65 126% Preferred Cold Storage * Propper McCall'm.* Prosperity Co b * Publication Corp—* 63% 99% 4% 4% 18% 127 Patchogue-Plymouth 20 1% 5 8% preferred--100 5% preferred..100 20^ 23 27% _ 1 4% 1% 1% 2% Producers Corp. _25c Produce Terminal & 90 26 8% 93 4% conv pref. 100 Paramount Motors * Paramount-Publix 10 Paramount Pictures! 6% 1st pref.. .100 6% 2d pref 10 Parke, Davis Co..* "4% 4% 22 25 J* 95 62 10 7% cum pref. .100 5%% conv pf_100 Reybarn Co Inc 1 Reynolds Metals. _* of N Y ord shares 100 * pref Class A 33 Royal Dutch Co i* 43* 11% 6% 6 Inc..* 20% 1% Potrero Sugar 5 Pref stamped 5 Pref unstamped .5 Prairie Oil & Gas.25 conv 16% 2 Parker Pen 10 Parker Rust Prt.2% Park & Tilford Inc.! 5 * Common ; iH 1* 15% Poor & Co class b—* Class a * Proc & Gamble 1 ii 5% conv 1st pf__5 5% conv 2d pf—50 16 — 20 1% 60 Transport 5 Pan-Amer Southern) Panhandle p & r._* 8% conv pref. 100 66 ~1% Hall 9 10% Revere Cop & Br. .5 Preferred Rockwood Co 86 13% 4% 1 Class a— Class b 99 10 Rochester Button. i* i* * * 5 Pocahontas Fuel.100 Preferred 100 Pollack Mfg * 6% prior pf A. 100 Repro Inc com * 18% pref-100 60 Class b .1 Pan Amer Match... Pan Am Petrol & Rig conv 9% 35 12 124 Prentice 22 Pairpont Corp..100 Parkersburg _ Porterfield Aircraftl Porto-Rie-Am Tob— 6% 24 Pacific West Oil—10 Warrants •11* 88 13 7% 1st pref—100 * 59 10% Plough Inc Plymouth Oil 2d Pantepec Oil Co 53 86 18 11 122 Pleas't ValWine Col 8 10 24% 7% 10% Pac Eastern Corp.. 1 Pacific Finance Corp of Calif com 10 Paraffine Co 7} * 100 16 2 2% 10% Pitts Screw & Bolt.* 88 67 29 48 Pitts Coal (Pa)—100 Pitts ton Co 90 Pacific Coast Co.. 10 Bros 28% 2% Plant Reduction Plant (Thos g) 6* fs* 20 Pitney-Bowes Post-* 7 % preferred. 5% preferred 115 Owens-Ill Glass. 12 % Oxford Paper com.* $6 preferred a * $5 preference * Packard Motor * 1 Pgh Metallurgical 10 Pittsg pi Glass...25 * com 6% conv pref_100 Class 6% preferred-.100 * preferred 17& Winterfront.l * 80 80 Republic Portland Riley Stoker 15% % Pirelli Co of Italy Am shs 500 lire $5 preferred $6 pref 25 Preferred w w.,25 Reo Motor Oar 5 Richman Radiator. 1 15% Pitts United Corp 25 * common 6% pref. Common Pines 221 80* warrants 7% pref old Pittsb Term Coal-.l _.....* Outlet Co com....* 7% preferred.. 100 Overman Cushion m 23 Pittsburgh Steel 122 5 Outboard Mot a..* 100 New Hav cl com.25 1 pref-100 conv Pitts Forgings Outboard Marine & Pan Am Nebel (Oscar) * Preferred * Nehi Corp com....* 6%% pref 8% Bond 22% Richfield Oil of Calif . 38 123m 7 49 10% 6% preferred—100 Pitts Coke & Iron. * 2 Otis 54% 5% Pierce Petroleum. _* 57% 95 101 % 45 Pilisbury Flour Mills 3 10 100 54 Pilgrim Explor 5% 13% 14 84 9% 7% 3% 57% 3% Palmer 20 A" 3% 95 Rghts Warrants Omnibus Corp vtc_* 8% conv pf a. 100 Oneida Ltd coml2H 1% 72 5 92 3 6% preferred..100 14 50 Pierce Butler Rad.5 Pierce Governor * Pierce Oil Corp 25 Oldetyme Distillers 1 55 50 12 49 6% 195 _ "5% com Preferred Per share RenFt'n Rand com.l B rights Preferred ~5 Pierce Arrow Motor Car Corp com 5 19% 109% 19 M 66 Phillips Petrol * Phoenix Hosiery 5 7% preferred.. 100 8% 44% 44% $4 preferred * $6 preferred * Phil & Read o & i.* „ Bid Par Cement 25 Phillips Packing * 5%% pref 100 Stocks Republic Steel— Rights Phila Dairy Prod-.* 180 Preferred 100 units 9% 18% 109% * Oilstocks Ltd » Okonite common 100 10 Naumkeag Steam Common ¥ 104 250 1st preferred 80 new.. 10 Nazareth Cement. 36% 32} 7} 240% Ph el ps-Dodge 2|* 8% 7% Phillip-Jones Corp.* 7% preferred..100 31 32% Ozark Corp * Pac Amer Fisheries 5 Pacific Can * 10% 7 % preferred. 100 Nat Tea common * Nat Transit 12.50 4%% 3% Manufacturing j* 63 Nat Oil Products. .4 Nat Paper & Type— Common 100 5% preferred.. 100 Nat Print & Appli.l Natl Pump com.. * Cotton Navarro Oil 4 27 100 * Otis Steel 30" Nat Mfrs & Stores 5i* Supply % 132 6% preferred. 100 Nat Lock Washer.20 Nation'1 Malleable & Steel Castings * Nat 19* 34% Preferred 100 Ohio Seamless Tube* 7 % preferred Preferred 33 l£>9 6% pref b 100 National Leather. 10 Radia tor i 15% 13% 101 17 157 1% pref a.—100 t Nat .... 3% 39 10 _ ...... 1st 7 % cum pf_100 Preferred 16 6% s28% 30% 5% Ohio Match Ohio Oil % Oliver Farm Equip. * Class aww l Class b 50c Nat Fuel Gas * Natl Gypsum com.l com \lH 18 1* Pharis Tire & Rub.l ._.* 8% 1st pref 6 2% Ohio Brass b Ohio Leather 7% 80 5% % 7% preferred...50 Norwich Pharm 5 Novadel Agene * Nu-Enamel 1 OgUvie Flour Mills. * Preferred 100 12% See Public Utilities Nat Container (Del)l Nat Cylinder Gas. 1 Nat Dairy Prod * 7% pref class a100 Nat Licorice . 20 4 Petrolite Corp Ltd.* Pettibone Mulliken Preferred 100 Pfeiffer Brewing * 34 Petrol Derivatives.* 100 Fibres a v t c Nat Aviation Nat Baking com 31% 17% 17% 73 ._..* Class * * _ Pet Corp of Am 5 Petrol Conversion .1 22% Com class b_.._* 6% prior pref. .50 No Am Refractories 15 Perfect Circle Pet Milk. Ask Per share Par , Myers (fe)& Bros.* Nachman Springf..* Narrag Racg Assoc 1 Nash-Kelvinator 5 Nat Automotive Bid Per share Par North Amer 89 possible for the closing day of tbe month preceding the date of issue Sharon Steel Cp * $5 conv pref * Sharp & Dohme—_* $3.50conv pref..* ■^hattuck (Frank G)* "5% 41 24 2% % 28% 28 no 8% 8 3% 33 3 33 101 104 9% 10 56 59 12% 12 INDUSTRIAL & MISCELLANEOUS STOCKS securities are as near as possible for the closing day of the month preceding the date of Issue 90 Quotations for all Stroock & Co 53 % 29 Struthers Wells Titusville new 125 , 5H Sherw-Williams --25 5%pf ser AAA 100 New common—.1 New preferred—* * & Pt * Simms Petroleum .10 Simonds Saw & Steel Simmons Hdw Common Simon (Franklin) & Co 7% pref—100 55% 9% Simplicity Pattern _1 Singer Mfg 100 Singer Mfg Ltd.—£1 297 5% Sir!an Lamp com— Preferred.. wms 6% cum Skenandoa Rayon.* Preferred * Sloss-Sheff S & O 100 $6 preferred—100 Smith (A O) Corp. 10 Smith & Corona ■ J Smyth Mfg --25 Snider Packing—- * Socony Vacuum. .15 Solar Mfg Corp 1 Sonotone Corp 1 20 % 19 % Texas Gulf A—* Class B * South'n Pipe Line 10 Southern Webbing 000® 0 $3 • '.1*7**• ■ /; ■' i Kellogg—* Sperry Corp v t c_.l SpicerMfgCo * $3 cony pref A * ' 118 000^ New 4% 15 104 91% 11% preferred ;j' ;V 0- Vvi" , 0:' 3? 0:22% Stand Commercial Tobacco com. Stand Dredging Stand Oil (Cal) Stand TubeclB ;00; 1 Common v t c—1 «.6H>4)ref—100 Sterchi Bros com..* 00.' 1st preferred 50 5% 2d pref 20 Sterling Aluminum Products ■ - 5 (Hugo)Corp5 1 Strawb'ge & Clothier 6 % preferred— 100 7% preferred-.100 Stromberg Carlson * 6 % (preferred-_ 100 . v.* ■0-' . No par "alue. 000- Universal Prod * Utah-Idaho Sugar.6 13% Preferred Screen..1 Forging * Trenton Vail Dist—1 Trlco Products.___* Triplex Safe Glass.* Trojan Oil & Gas... A l * com 7% preferred-.100 10% 10% % 40% 2% 1% 10% Vadsco Sales Corp— Common.. 7% * 5%% prior pref.* 15 il* Valspar com vtc $6 pref vtc 22 % 70 24 Valvoline Oil comlOO 72 8% preferred.. 100 Vanadium Corp...* Van Camp Milk * $4 preferred. * 8 101 98 5% 10% 5 V 0% 1 5 Van Dorn Iron Wks* Van Nor Mach Tool5 Van Raalte Co 5 32 39 7 % 1st pref Van Sweringen 17% 2% 3H 3% 79% 2% 100 com Veeder Root Inc 1 * Venezuela Mex OillO Venezuelan Petrol. 1 Vicana Sugar v t c_3 Va-Gar Chem— 23% 10% 1 75 73 w Iron O & C..100 preferred..100 Vlck Chemical 5 Vick Financial....5 17% 18% Waco Aircraft * Wagner Baking.. 1 16 Wahl Co—. » 19% Waitt&Bond Inc A * United 101 7% k Last sale, ..100 Preferred n * oref.100 Biscuit conv Nominal, r * Vulcan DetinnlnglOO 7% preferred..100 Lines Un Artist Theatre.* 14 if* 8*0* 114* Canadian price, 16 10% Old 20c 25c common Warrants 2 ... Willcox & Gibbs—50 Wilcox (H F) Oil 26 2% 29 4% 5 Williams (R O) • Wil-Low Cafet-.-.l Conv pref.i_...* 6% 8% Willys-Overland 1 6% preferred...10 4% 9% 8% & Gas Wm 5 Oil-O-Mat * ... Wilson & Co .._* $6 preferred Wilson ,.* 76 1 14 65 15 15% 1 1 * Wilsonite Corp Wilson-Jones 20 C'mpton 1 4$ Wither bee Sherman ..60 Wizard Inc cl A WJR The 6 22 4H W'S * Goodwill Station 5 Wolverine Cement 79% 12 Preferred.^ Willson Products Preferred 3% J 61 Line Winters & *A 31 Portland com... Wolverine Tube 10 2 13^ Wood (Alan) Steel 7% preferred- .100 Woodley Petrol—.1 Woodward Iron.. 10 Wood ward & Lothrop Common 7% 10 preferred .100 (F W)_10 Woolw th 72 9% 27% 68 46" Wool worth Ltd— Am dep rects ord. Worcester Salt.. 100 Preferred 18% 59 100 Worthington Pump & Mach * 7% pref A 100 6% pref B 100 right Aeronaut'l-* Wrigley (Wm) Jr..* Wrought Iron * Wurlitzer (R) com.. Preferred ... Wyoga Gas & Oil. % 11* 95 77 100 21 115 57c 7% preferred—100 York Ice Mach * Va 5 £ ■1H Steel common...* 52% 20% 27% Transport 5% preferred...10 Spencer Wick wire 23% 25% 20% Unit Amer Bosch..* 104 86 Wnittall (M J)— 6% part pref—100 Vogt Mfg United Air 10% 101 25 * Transport warr'ts. 10% 14% * 5% 99 United Aircraft.. Un Aircraft & 2 14H ctfs Whitmrn&Barnes2 % Yellow Truck & Coach Mfg cl B..1 Common 73 com * pref.lOO Common 99% 23% * conv Valley Mould & Iron 10% 72% common 10 100 Utica Knit Co Williams Un St Yds Omaha 100 Union Tank Car * * > Steel 5 Trans western Oil .10 Stores 25 Stone & Webster-.* Picture & Daylight Union Oil of Calif.25 Union Premier Food 17 * Lux 8* Union Carb & Carb * 3% 25 Stokely Bros ■ 30% 2 Transcontinental Corp 17 35 Stewar t-Warner • Trane Co 5% preferred 38 * 1 Common... ry * 8% preferred-.100 Universal Pictures .1 8% 1st pref 100 Univ Pipe & Rad-1 7%% pref—100 6 % Stern Bros A pref Univ Leaf Tob 90 Underw Ell Fisher.* Unexcelled Mfar.-IO Union Bag & Paper 4% 62 H Conv 30 Ulen & Co 12% Sterling Brewing... 1 Sterling, Inc 1 Sterling Products. 10 Stlnnes 1 Securities... Preferred Common * $1.50 preferred. _* Twin Ooacn com__l 18% 103 9H 37 1 com Stetson (JB) Preferred Steel Corp Towne * Torrington Co new. * 20th Cent Fox Film 72 Preferred 25 Stein (A) & Co com * >00 Shipbuild 7% preferred-.100 Tung-Sol Lamp 1 80c div conv pref * 71 Steel Co of Can—* 1 Toledo Class Corp— United Stove Uni versal-C y clops rrunz Pork Stores.* Truscon Steel 10 Tubize Chatillon —1 Stanley Works 25 Starrett (L 8) Co..* Starrett 17% 2% * 33 rruax-Traer Coal—* Spring.* * Universal Cons OHIO Transue & 157 ... 23 a* Standard Plastics. .1 Standard Products _1 Standard Screw. 100 Preferred A 100 Stand Silica 10 pref. ..5 34% 65% conv Vot tr ctfs United Wall Paper_2 Universal Corp vtc.l West Air Line it* i i* $6 66 Trans 5% preferred-.100 Stand Steel Conv preferred..* * Transamerica Corp * i 1 * 4% 40% Stand Oil (Ohio)..25 * United Stores A 3% . Shipyards 8% Stand Oil ofN J—25 00- * 1 Stand Oil and).'..25 Stand OH (Kan).. 10 Stand Oil (Ky)_..10 Stand Oil (Neb)..25 * Common Tob Prod Expts * Tobacco Secur Ltd— Am dep rets ord £1 Am dep rets def_ * ... * 7 % non-cum pflOO United Stockyards— Roll Bear.* * Todd preferred. . .50 Corp..100 Tobacco * 7% first pref .100 * U S 7% preferred-.100 Tishman Realty Tobacco & Allied Tokheim Oil $4.50 cum pref..* Standard Brew * Stand Cap & Seal—1 Conv preferred-10 * Stocks, Inc... 33 Standard Brands. _» i'/K Timken 106 $6 preferred * Stahl-Meyer com—* Staley Mfg Co new.. Preferred 100 -'v.' Timken-Det Axle. 10 Mach .* pref conv Stk trust Preferred.. 46 Squibb (E R) & Son* $4 50 White (SS) Dental 20 White Rk Min Spgs- U S Sugar Corp 1 ..100 Motor White Sew 1st preferred....* Tilo Roofing com Time Inc com.. 39 _ 1 com Pap— Preferred White 7 % preferred..100 17 28 Spiegel Inc com—2 $4.50 conv pref—* Square D Co B 1 * 50 U S Steel U 8 Stores * Pulp 5% conv pref—30 Weyenberg Shoe-. Wheel Steel Corp U SSmRef&Min50 conv pref.* Water Oil * Va Preferred 100 Westvaco Chlorine. * U S Rubb Reel—* 4%% Tide Spencer mm Tide W Assn Oil.. 10 5% | W 8%n-cul8tpf.l00 7% A Class W Va Coal & Coke 6% preferred..50 22 'i com..* U S Realty & Imp.* * U S Rubber- 80 * Common... Spear & Co —* $5.50 preferred..* Spencer Chain Sto_* .■■:.i0,0rr'0: Michigan Steel __1 Weston El Instru..» Foundry * 1 Thompson-Starrett * $3 % preferred * Thompson (J R)_.25 Thompson Prod * $5 conv prior pf_* 96% * West U S Playing Card. 10 U 8 Postal Meter ..1 Thew Shovel Coal.* Spang Ohalf't & Co * 6% cum pref. .100 Bparks-With'gt'n Co j-" ■ •*, 7% 1st part pf.50 Westland Oil pf—50 U S Radiator * West'he El & Mf.50 20 10 Oo-s. * West Indies Sugar. 1 Westins Air Br ke.* U S Print & Litho— preferred 1 Stationery * Common.... Preferred 10 Dairies Western Tablet & U S Lines pref * U S Pipe & Fdy. .20 _* * preferred $3 cum pr pf.100 Part conv& cl A.* $3.60 conv pref..* Thayer-Foss pref 100 ... 1 Supply— Common Western 7% Land Thatcher Mfg Thermoid West Auto U S Hoff Machin'y 5 Pexon Oil & Land..2 S'west Pa PL.—50 $4 convpref. Air Exp West 1 U S Leather 5 drift com * U S Foi i B Sulph—* * Preferred U S Freight... U S Gypsum conv 1 MtgA% Wesson Oil & Snow¬ ^referred. 100 5H% 4% Wells Fargo & Co__ 1 100 U 8 lnd Alochol 4l* 1 com Went worth * 7% conv pref.lOO U S Envelope 100 7% 30 1 Wellington Oil 50 100 U S Finishing conv Brower U 8 Distributing Preferred 1st preferred.* pref * Fdy & Pipe * Warren (Northam) $3 conv pref * Waukesha Motor..5 $1 $3 Warren Welch G'pe Juice2 % Preferred .100 U S Bobbin&Shuttle Preferred * Warner-Quinlan Co* Warren Bros * Webster Eisenlohr.* $7 preferred 100 Weisbaum Bros 1 Common * * Preferred Wayne Pump 100 A Warner Bros. Pict._5 Wayne Knit Mills.5 6% preferred 25 United Specialties.. Textiles, Inc Spalding (AG)&Br_* 7% 1st prer.-.lOO i' Class Ctfs sub shares.. 1 South Shore Oil. 10c ;v>v£.'.£ 80 Untd Shoe Mach.25 Trust old stk—100 South Penn '00000' 11^ 28 Paperboard-10 Preferred * Pacific Texas Mills Inc Southland ''V; Unit Tex Pac Coal & OillO Royal. .* Oil—25 So Porto Rico Sug_* 8% preferred-.100 v:* 0% 5 * Un Merch & Mfrs_* United Milk Prod..* $2 preferred * United Molasses Ltd Amer dep rets—£1 Texas Corporation 25 Texas Gulf Prod * 99 Exp.. 100 100 47 76 % Un Eng & Fdy United Fruit.. 7 % preferred-.100 Preferred 23% * $3.85 conv pf Warner Co com _ . Warrants.. 42 Preferred.... •, 98 7 % preferred 100 United Electric Coal Cos com...5 Term <fc Trans com.l South Dairies ' 22" Telaut'g'ph Corp..5 Corp 5 Tennessee Prod * 0% Boss Mfg commonSouth Coast Corp--l 0''00:' 20% Tennessee 25c Warrants Southeast UH * Inc Technicolor 5% 1% 9% preferred.. 1 Conv 12% 10% Taylor (K) Dlst—.l Taylor-Wharton Iron & Steel com.* Match...* __* United Dry Dock..* United Dyewood.10 100 Preferred Typewriter vtc-. Smokers 52 Un Drill & Tool.2% United Drug. 5 10% preferred—10 Un Shipyards B 1 x w A* Ward Baking Corp— Com class A....* 7% preferred. .10" . 1 1 Common Walworth Co Com class B Taggart Corp new.l / v0 preferred * $2.50 pref * Talrott (James) 9 5% % preferred.50 Tampax Inc 1 L'astyeast inc cl A_1 Taylor-Colquitt Co 6 15 pref--100 Skelly Oil 16c 25 . Unit Piece Dye com* Preferred 100 Un Prof Sharing * Common w w * * Walth'm Watch com * 25 * 100 . _ Sylvania Industrial * Symington Gould— Stock Yards com..— Preferred --* Sioux City v (H) Good'm & Worts com Preferred 23 preferred- 6 % preferred. Certificates Superior Steel 100 Susquehanna Silk Mills class A 5 Class B 5 Sutherland Paper. 10 Swan Finch Oil 15 Sweets Co of Am_50 Swift & Co 25 Swift In cernatl—15 Common Walker 49 24 * com — preferred-30 Simmons Co W;Wr Oil 6% cum pref.. 100 Sunray Drug ..1 Sunray Oil 1 5%% conv pf__50 Superheater Co * Superior Oil 1 Superior Portland Cement class A__* Class B * Simmons-Boar d ma n ■;,v.ASi Common Per share Par 6% preferred—100 11c 1 Car—* Submarine Slgnal.25 Silex Co.— Pub United Stutz Motor Sun Can.---* 82* si* Chemical..* $3 part pref * United Cigar Stores- * New $1.25 pref—* Studebaker Corp—1 Preferred 100 Signode Steel Strap'g $2.50 United Carbon * Unlted-Carr Fast..* Sullivan Mach 'y—* 104 H 124 ^ Cjf^cony pf-lOO Sber-Wms 22% Ask Bid Stocks Ask share Par share * 35 £2 * Bid Stocks Ask Par share Par Bheaffer Pen. Shell Transp & Tr Shell Union Oil Warrants Bid Stocks Ask Bid Stocks J* 90 23% 117% x — Class B Waldorf System .__* * Walgreen Co com..* 4%% pref w w 100 Ex-dividend. Yale & Towne $7 Preferred..100 Young (J S) Co. 100 Preferred 100 Young_(L A) Spring & Wire 128 22 88 102 * 30% * 05% Youngs town Steel Door common Youngstown Sheet & Tube * 5%% pref.. 100 Radio ..* Zenith Zonlte Products 1 82% fr;; V| M- ,77 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%. •< 1 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 in prices. Yield Basis Yield Basis To or Bonds •"ii Bid Ask UNITED STATES—See also pa 4 >48 1947-52. -A&O 115.12 1944-1964.--J&D 111.3 is 1946-56—M&S 109.10 1943-47—J&D 106.11 js 1940-1943. J&D 105.10 Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury m 3s oh t D ; i . 3 j is 1941-1943.M&S 3j is 1946-1949. J&D 3 J.is 1949-1952.J&D 3s 1951-1955—M&S 3 Ms Aug 1 '41.F&A 3 Ms 1943-45—A&0 3s 1946-1948 J&D 3 Ms 1944-46.. A&O 2ha 1955-60..M&S 2Mb 1945-47.-M&S 2 Ha 1948-51. ..M&S 2 ha 1951-1954. J&D 2Ms 1956-59.M&S 2 Ms 1949-63—J&D Panama Canal 1961—Q-M 109.16 104.10 102.11 99.16 99.26 99.9 99.11 97.16 97.20 115M HI* 111 1938-43 M&N 6 3.75 6 3.80 Mobile Co— : Mar 15 1938 101.23 101.9 101.11 102.27 10-i 29 102.9 102.7 1H% Mar 15 1940 1M % June 15 1940. 1M% Dec 151940 1M% Mar 15 1941 1H% June 15 1941 1 k % Dec 15 1941 1M% Mar 15 1942 Home Owners' Loan Corp—■ rin & int guar '44~'52 , prin & int guar '39~'49 % prin & int guar '42-44 irin & int guar 1938 I prin & int guar 1937— >rin & int guar 1939— 101.25 101.28 Road 1939-1952.„F&A 100.3 iome Loan Banks— 1M % cons deb Apr 11938-Federal Farm Mtge Corp— 3M % int & prin guar *44-'64 3% int & prin guar 1944-'493% int & prin guar 1942-'472M % int & prin guar '42-47 1M% int & prin guar 1939— Instrumentalities of U S Govt < - 100.3 Loan Bonds July 1 '46 opt '44—J&J 4s Nov 1 '57 opt '37-M&N 4s 1958 opt 1938-—M&N 4 Ms '57optNovl '37 M&N 4 Ha 1958 opt 1938-M&N 103 101 £ Honolulu (City & County)— 5s Pub impt 1956—J&D 15 6 3.75 5s Jan 15 1938-'56-J&J 15 6 1.50 5s 1938-1956J&D 15 6 1.50 3M* Sept 15 1940-53.M&S 6 2.00 Hawaii Terr 4 Ms '49.M&S 15 6 2.50 H5 4Mb Jan 1941 6 3.10 4 Ms Nov 15 *37-'56_M&N15 1.50 4Mb Nov 151937-58--M&N 6 1.50 4s Aug 1947 opt 1937—F& A 6 1.75 2.10s July 20 1941-1945— 1.90 M&N 4Ms Oct 1959-...—.. 5s April 1955 5s Feb 1952 5Ks Aug 1941 Puerto Rico— 4Mb funding 1963 J&J 6s Jan 1 1950 opt '44-J&J 4s gold 1953 J&J 5s July 1954 opt 1943 2Ms 1938-1946J&J 102 M 102 H 101M 103 M PO SSES 1.70% refdg 194^44-M&8 1.75% refdg 1940-44.M&S Philip Isls 4Ms 1952 J&J 101^ 103 K SI O N S 105 aids' 109 113 104 to 3.25 to 3.15 2.00 2.50 to 3.10 to 3.10 1.00 to 2.30 > 1.80 to 2 10 • 1 80 105 to 2.10 105M 105 M 1073 1073 105 100 M 108 107 102 111 110 6 3.50 3.00 2.80 to 2.75 8 Ha renewal class C 1956. J&J 6 3.50 3 35 3.75 June 1 '38-'73 6 3 .90 4Mb highways 1952.....M&S 6 3.55 4Mb 1956 and 1959 M&S 6 3 .50 4 Ma 1942, 1946. 1949-.M&S 3.20 4s pub highway 1949-51.M&S 3.30 4s refunding 1941-54 J&J 6 3.55 3 Ms refunding 1955-65—J&J 6 3.55 Annlston ref g 5Ms Dec 11939 100 > Tax-free In Connecticut, 3.40 3 40 3 00 310 . 3.40 3.40 102 101 104 / 68 f 68 71 71: 93 M Hot Springs 4 Mb '37-'50-M&S Little Rock--4Ms Fund 1941-50—M&N 6 3 60 6 3.25 3.15 3.60 3.70 1.50 6 3.80 6 2.00 6 3.40 101 100 320 103 101 t Less 1 on 4.00% Moffat 5 Ms 5 Ms 5 Ms 4.50 4.00 1.50 to 4.00 103 J&D 1950-1969 CALIFORNIA 4Ms TJniv Bldg Jan5'38-65J&J 4Ms Highway 1937-48-J&J30 4Ms 1938-1947 —F&A 4 Ms Olympiad 1937-71 -J&J2 4 Ms 1938-1940 F&A 4Ms 1941-1947 F&A 4Mb 1948-1952 F&A 4s Harb Imp 1985 opt '50-J&J 5s Jan 2 1941-1943 J&J2 4s Jan 2 1944-1948 J&J2 3 Ms Jan 1 1940-1949 J&J 4.00 104 to 3.45 to 3.10 to 3 30 to 2.75 to 3.00 to 2785 3 30 to 2.85 to 3.30 to 2 .80 to 2 .90 to 1.90 35 to 2.60 6 0.75 to 325 6 1.25 6 1.80 to 1.60 to 3.20 to 2 55 to 2.75 6 1.90 to 2*25 6 2.30 to 2 55 1.60 to 2.60 6 I I 2.90 1° I to 2.60 % to 2.60 % to 2.50 5s School 1938-1955 J&J 61 00 East Bay Mun Util Dist— to 2.95 1.85 to 2.70 to less 1 3.00 to 2.85 to 3.40 % 65* to 3.25 to 2.65 to 3.25 to 3.10 to 3.05 3.25 3 Ms Water wks 1952-75—. 6 3 00 3 Ms Water 1937-41—A&O 6 0.75 to 2.05 to 1.90 s Water 1937-40—-A&O 6 1.00 to 3.40 s Water 1941-70—A&O 6 2.10 s Sch 1938 -1944—J&D 6135 to 2.75 s 1937-1968 J&J 6 1 40 to 3.40 s 1938-1969. M&S 6 1.40 to 3.45 unicipal 1937-61--F&A 6 0.75 to 3.45 to 3.50 s Harb Imp '37-'6l M&N 6 0 75 to to 3.20 6 1.75 to 3.70 6 1.50 to 3.60 98 M 97 M 6 075 6 0.75 4s 6 1 00 1937-1964 F&A 1938-1945 —J&D 4s 1946-1961. —J&D 3 Ms Jan 1 1938-1960— 101M 6 1.25 6 0 75 3.40 to 3. to 1.75 to 2.90 6 3.00 2.85 6 0 70 to 2.65 6 0.50 to 2 .15 6 1.50 6 2.40 to 2.00 6 2.00 6 2.70 to 2.25 3.00 2.60 2.60 to 2.25 to 129 to 124 J&J 120 to 125 J&J 118 to 123 J&J 1964-1973 m 6 1.00 to 3.00 6 1.00 to 2.90 to 2.95 3 Ms improvt 1938-41.-J&J 6 1.00 ♦5s Oonstruc'n 1938-49 J&D 6 1,00 to 1.90 1938-'52.A&0 '38-'50 J&D 1939—J&J J&J 1938-45—J&J Danbury 4s 1946 taxable-J&J ♦4 Ms 1938-65. J&D 3M8 Fund 1941 tax'le.A&O »5s July 1, 1938-55 ♦Cheshire 4Ms to 2 95 to 3.20 to 2.90 1.65 Bristol 4 Ms Water 6 1700 6 1 00 to 2.80 to 2.40 6 2.50 to 2.40 6 1.00 6 1.80 to 2.05 to 3.20 East Hartford (Town)— 6 0.75 6 2.95 to 2.90 6 1.10 to 2.95 6 0.75 Glastonbury *4Ms '38-58-J&J 6 1.00 to 2.40 M&N M&N 4Mb Sch 1937-49 4Ms Sch 1950-59 Hartford Fire District— ♦5 Ms 1938-1951 M&N Fairfield (County)— ^ lMs 1937 to 1950 J&D to 3.25 East Greenwich— _ County— ;: Metropolitan District 2 Ms Wat Sup'38-,77M&N 6 0.75 District) 1937-1947 M&S ♦4Ms Northeast 1959-J&D ♦ 4 Ms ♦4 Ms Wash't'n '41-'47.J&J 6 1.90 Eillingly (Town) 4 Ms'38-56J& J 6 1.00 1938-1943 J&J Middlesex County— V IMS Bdge 1937-55—M&N 4 Ms New Britain to 2. to 2.80 -a, to 3.05 % to 2.85 % to 2.55 to 2.50 to 2.90 to 2.35 to 2.85 6 1.00 to 2.30 6 0.65 to 2.25 6 2.80 1937-1952 F&A 6 0.50 s School 1937-*40_F&A 6 0.50 „s School 1940-*52_F&A 6 1.95 2.55 1948—J&J to 2.75 to 1.95 to 2.75 1941.-F&A F&A 6*0 50" .Ms Sch Aug '37-'43.F&A 6 0 50 Park 1937-1943—F&A 6 0.50 ♦4s to 3716 to 2 35 to 2.35 New Haven— ♦4s Apr 2, *40 tax-expt ♦4 Ms 1943-1952 to 2 .10 *4 Ms Paving Aug to 3.10 ♦5s A&O to 2.75 67.90 to '37-F&A 1938-1951 6 Basis. 1.95 6 2.10 6 2.35 J&J to 2 25 X Bid prices for long and short maturities. to 1.65 (County)— 4s Munic Bldg 1937-1969 to 3.00 6 0.50 Manchester— ♦4 Ms 1938-1944 M&N 6 0.75 Manchester 9th School Dist— 4 Ms 1938-1951 M&N 6 0.75 Meriden (City)— Water Aug lessl 2.75 to 2.40 4Ms 2d North 1944 J&J ♦3 ms South Sept 1955-M&S s» 3.35 to 2.85 Hartford (School s to to 1.95 to 3.05 Hartford to 2.90 to 3.20 to 3.20 , 1937-1942 M&S 6 0.50 4Ms March 1,1938-1951--- 6 0.85 Groton S D 4Ms June 1 '38-60 6 1.00 Hartford 3 Ms Bdge '55--J&D 6 2.85 ♦4s Water 1940-45 J&D 6 1.95 •4s Water June 1,1938-'39_ 6 0.85 ♦4s High Sch *38-'55—J&J 6 0.95 ♦4 Ms 1939-1960——M&S 6 1.05 to 3. 6 1.25 4Mb Mun Imp '37-'43_F&A 6 0.75 4Mb 1937-1965 F&A 6 0.75 Oakland S D 4s 1937-44—J&J 6 1.00 6 2.00 6 0.40 Bridgeport 4 Ms 1938-65.-J&J 6 1.00 6 1.00 4Ms High Sch 1938-63-J&J ♦4s 1938-1968 F&A 6 1.00 * 6 3.00 Los Ang Co 4 Ms *38-'49—F&A 6 1.25 Modesto Irrig Dist 6s 6 4.50 Oakland 5Ms 1937-43.— F&A 6 0.75 1.75 to 1.25 *4 Ms 1 00 to 3.30 101 99 M 101 2.90 6 0 .75 ^ to 4s Water wks 1937-51-M&S 6 0.75 2Mb WatWkB 1956-76 M&N 6 2.90 3 Ms Wat Rev *37-'48-J&J 3 Ms Sch Dist 1938-61—J&J Electric Plant Revenue— Ref 4s 1939 to 1975.J&D 3 Ms ser A 1938-77—J&J 3 Ms ser B Jan 15 *77 J&J Los Angeles City High Sch Dis 5 Ms 1937-1954 M&N 5 Ms Nov 1937-60—-M&N 2.90 6 2.00 J&J 1947-1956 Branford (T) 4 Ms 2.55 2Ms Feb 1 1938-54-—F&A 6 0.80 Alameda 4s 1937 to 1941-J&D 6 0 75 1.00 4 Ms Mun Imp '38-'48-A&0 6 3.50 Alta Irrig Diet 5s ._ Bakersfield 5s 1937-52—A&O 6 0.75 Berkeley 5s 1942-1951 J&J 6 2.00 5s 1938-1974 J&J East Contra Costa IrrigDist6s Golden Gate Bridge & H'way- to 3.00 6 3.00 115 115 1944-1963 CONNECTICUT to 6 0.85 to 6 1.50 Imp D Bloomfield 4 Ms 6 1.25 F&A 6 0.90 2Mb Feb 1 1938-1954-F&A Tun 5s 1974-1983 6 0 75 6 1.25 6 2.60 6 1.50 103 104 Veterans Welfare— bid side. 3.40 less!M 3 Ms Mun Water Retire 1963-1972 A&O 6 2.70 2Ms Sewer Disp'47-'56A&0 6 2.00 „ 4s Water Rev 1938-76.F&A 6 Little Rock S D 4s *38-'55 M&S > 4.25 103 M St Francis Lev D 6s 1947-J&J 5Ms 1945-1964 J&J 102 4Ms 1938-47-J&D July 1941-1945 J&J 3.65% March 1, 1950-54-2 Ms Sew dist 1947-56-A&0 3s Munic Wat 1963-72-A&0 92 M 5s 3.70 6 3.70 S D No 1 4s 90 M 4s Water 1937 to 1945-M&N 6 0.75 6 1.90 4s 1940-1962 6 3.25 1.00 103 - 2.90 to 93. page Ms State H'way '39-'54.J&D 3s warrants 1939-1951-J&D 2Ms warrants 1952-'54. J&D Colorado Spgs 4s Mar 1 1941 - 4 Ms 1937-1939 J&J Denver (City and County)-— 4 Ms Water 1944 J&J 4 Ms Ref Wat 1938-67-J&D 4 Ms Water 1962-1965 -J&D 5 D No 1 4 Ms 1938-53 .J&J ARKANSAS 3.40 3.25 to 3-40 30 2 1946 3 Ms series O 1942-1971-J&J 6 2.10 Imperial Irrigation District— Refunding 6s 1983 J&J / 63 M Refunding 5s 1983 f 59 Los Angeles 4 Ms 1938-51 J&D 6 1.25 6 3.75 6 3.30 to 2.40 to COLORADO 106 4Mb Highway. 4Ms Highway. 4Ms Highway.... 113 107 3 00 3.15 107 CANADA—See J&J 6 3.75 less 1 less 1 5s Jan 11954 opt 1934-J&J 6 3.75 5s W W 1938-1950 J&J 6 3.75 less 1 Phoenix Un H S D 4 Ms 1948 100M 101 110 Prescott 5s 1948 —J&J 108 Tucson 5s Water 1950—-J&J 6 3.50 less 1 4Ms W Mar 10 1938-.M&S 6 3.50 less 1 6s Jan 1 to to 6 4.50 Turlock Irrig Dist 6s West Side Irrig Dist 6s ------ '30-J&J 613.50 3.50% 4Ms 1938-1956 J&J 6t3.50 3.50% 4Ma Court Hse *37-'48-J&D 613.50 3.50% 3.25 to 3 25 4 Ms harbor impt 5s funding Dec 1 1947 Birmingham— 3 Ms impt ref 1939-50—J&J 4s 1938-1941 A&O 4s 1942-1961 A&O 4 Ms 1938-1960 A&O 4 Ms Pub impt Dec 11937.. 5ssewers Sept 20 '41—M&S Gadsden 6% impt— 5s schools 1938-40 A&O _ to 2.90 ^ _ 3s Feb 1938-1952 ALABAMA 5s schools 1937-1947—J&J Bessemer 6s pub impt '38. J&J Santa Barbara 5s '38-41 JanlO 4 Ms gold Aug 1943—F&A 109 106 1 00 0.75 0 75 1.00 4Ms Water 1938-1977.-J&J ARIZONA 5 Ms 100! 100! 100M 102 M 100M ioor 100?101J 4s 4 Ms 1950 4Kb 1957 —-J&J 5Ms serial 100.6 '46-M&N U S ioo»,s 102.24 102.28 102.6 102.12 102 26 103. 101.5 101.10 3MsMay l'55opt'45M&N & 104 6 1.00 4s Water Distrib 1937-53— San Joaquin Co 5s '37 '49.J&J 100.6 1007,6 Federal Land Bank—Farm 3s July 1 '55 opt '45. J&J 3s Jan 1 '56 opt '46-J&J 100 3.70 3.80 102 108 ... 6s ref pub impt '38-' 53 M&N Tuscaloosa Co 6s Bridge 1941 5s Road 1957 100.4 100.6 99.23 99.25 101.7 101.16 100.3 100.7 to 2.25 58 Water 1952-1969—J&J 6 3.00 4Mb Water '57 '58, *59-J&J 1 00 4MB 1937-1951J&J 1.00 4Ms 1937-1951 M&N Phoenix 4 Ms *50 opt 98.23 98.25 100.5 100.7 Sacramento 4s Jan '38-'45 Opt b 1.00 Sacram'to Co 4Ms '37~*46 J&D 5 0.75 San Diego 5s W W '43-'54A&0 6 2.60 5s Water 1937-63 J&J 6 1.25 5s Municipal 1937-1960 J&J 1.50 5s School 1938-1966---F&A 1.50 4 Ms Wh & Har '38-'52.J&J 1.50 4 Ms Water 1937-1964 1.00 3 Ms g July 1, 1937-44 ..J&J 1.00 101M Maricopa County— '■ School No. 1 bs 1945—J&J ,104 Highway 6s Jan 15 serially. 6 5 00 100.7 100.7 100.17 100 19 100 5 100.7 99 31 100.1 99 27 99.29 99.9 99.11 2.00 San Francisco (City & Con 5s Water 1938-1951—. 95 Montgomery Co 4 Ms 1957-59 63.80 6s Road 1951 —J&J 63-90 Morgan Co. 5s 1938 J&J 100 100.5 Sept 15 1939 IH% Dec 15 1939 2.50 to 101 100 5 June 15 1939 3s May 1*56 opt 101.25 102 3 co , 100.18 102.20 101.23 102.1 105 100 103 107 100 100 97 4Ms 1939-1958—-—J&D Gen fund 4Ms 1941-66 J&D Montgomery— 5s Aib Imp Jan 1 1938 ---5s funding 1939-1966--J&J 4Ms Sanitary Sewer Jan 1'44 _ 100.21 "l03" 101 94 100 104 93 4 Ms June 1 1938-1948 5s School May 1 1945---— 4 Ms R & B 1938 J&D 5s 1937 1 1938 69 100 Net M&S b 1.25 4s 1938-42 J&J 5 1.25 Redlands 5s 1937-51—J&J15 6 1.00 Riverside 5s 1938-53 J&D ft 1.25 Riverside Co 5s '38-'54—M&N b 1.25 3.60 3.70 66 101 Ask Pasadena 3.00 City— Refunding 2-5s—. - - - -—- — 4Ms Refunding 1937--A&O 4 Ms Water & Sew '39-J&J Tuscaloosa— 5s W W 1939-1957 Mar 15 1939 ♦ 4Ms Ot House Bid Bonds Orange Co 5s 1938-45 Mobile Sept 15 1938— IIS 100 100 To or Net _ 4Ms Ref 1938-1961—A&O Madison Co 5s Refunding 1940 105.29 106 106106.4 103.26 103.28 105.31 106 100.9 100.11 1C2.11 102.15 100.10 100.12 and notes— 3 M% Sept 15 TERRITORIES 97 97 „ 106.8 104.15 104.13 102.16 106.4 104.11 June 15 1938 - impt 106.13 105.14 S Treasury certificates 3% 1 42 Aug. 1 1937— Hunstville 5s funding Mar Jefferson County—- 6s pub To Ask 19 115.18 Conversions 1946 Q-J 108 Conversions 1947..—Q-J 109 2§%Feb Bid Bonds 111.8 ge Yield Basis \T; or Net Flat price, n Nominal. 2.85 STATE 92 Quotations for all securities are as AND MUNICIPAL BONDS closing day of the month preceding the date near as possible for the of issue Yield Basis Bonds To or Bid Ask Bonds Net Bid Copenhagen 5s June New London ♦4 Ms Imp 1938 --M&S 4Mb Park July 1942--J&J 4Mb Water 1950 5b Dec 1 1937 J&D Norwalk (O) 4s 1954-1964.-_ *4Ms - - Norwich 4 Ms water 1939-M&S •4Mb 1937-1964 M&S16 4Mb Refunding 1938.A&0 •Plainfleld (T)4Ms '38-'57A&Q Putnam (T) 4Ms '38-'46_A&0 •Ridgefield (T) 4Mb Jan 1*43 Stamford (G) 4s 1942 M&N Stamford T 4Mb '38-'45J&J ♦4Mb Sch 1938-1965—M&N 4Mb High Sch 1938-'59 J&D Torrlngton— »6Ms Fund 1938-'41 J&J 4Mb July 1 1939 J&J WalUhgford (Town) 4 Ms 1938. 1943, 1948. 1953-J&J 4s 1937-46 J&D WaterbUri&1962 ♦2Mb ♦2 Ms to to 1.80 Extl s 0.90 2.70 1.00 Improv't '38-'39—J&J 3Ms 1937-71- - - - - VA&0 3 Ms Sewer 19 7-70. J&D 15 6s 1937-71 A&O Norwalk (T) 4Mb 1942-.J&D 4 Ms Sewer 1940-68 M&S *3s 0.75 1.00 1938-1953. •4Mb Sch March Akershus (Dept of) Norway. 5s 1963 M&N Anhalt 7s to 1946 M&S / 22 M 2.80 Antioquia Col (Dept of)— . 0.90 Extl s f 7s ser A 1945—J&J f, 12 3 00 Extl s f 7s ser B 1945-J&J / 12 ..,. 2.90 Extl s f 7s ser O 1945 J&J / 1.00 2.10 . to 3.25 Extl s Extl s Extl s to 3.30 to 3.35 .25 &T.75 to3~I6 1.00 to 2.85 1.00 to 2.50 b 1.00 to 2.50 b 1.26 6 1.25 to 3.25 to 2.90 b 1.00 Extl to 2.05 Sink fund extl 4s Extl 5s July 15 Extl 5s 1957 to 2.50 J&D 6 2.20 to 2.55 J&D 2.65 to 2.80 J&D J&J 0.80 to 2.10 1.00 0.50 to to 2.90 2.45 to 2.80 1.00 to 2.95 0.75 to 2.80 External 2.80 to 3.20 Extl HavUSD*4Ms,38-*56 M&N b 1.00 Westport 4Mb July 1 1938-60 b 1.00 Weston (T) 4Mb '37-'45.M&N b 0.50 Windam (Township)— J&J 6 1.00 J&J b 2.25 to 2.25 to 2.95 to 2.80 ""2.60 to 2.50 1.25 to 3.25 1.00 to 2.90 to 2.50 to 1.75 60 J&J / 28 20-year 30 British 4s 8s '47 M&N 6 2.50 6 4.40 to 3.25 4.10 105 101 100 s f 6s 1960 ser 101 94 96 s f 6s 1960 ser C3-A&O 6 3.50 6 4.25 2.75 4.00 4.15 3.75 6 100 6100 4.25 J&J 6 5Ms 1945-1950 6 4.40 4.50 6s 1940-1950.-.. 6 4.60 Palm .Beach (City of) 5s 6 4.25 Pensacola 4Mb ref 1941—J&J 101 '3.90 104 106 96 Pinellas Co ref highway 93 Polk County 5s July 1 1937-40 6 3.00 St Augustine 5-4s stam'd 1955 77 6Ms & 6s imp 1937 F&A / 58 St Johns Co Road 5s 1946 101 Road 5Ms 1944— St Petersburg— New refunding— 101 3-5s Oct 1 1972, 64 4.30 to 3.75 f 7s '47.M&N Central Bank of Germany— 6s A 1952 F&A 4.40 102 6s series B 1951 A&O Chilean Cons Municipal LoanExtl s f 7s 1960 ser A..M&S ' Chili (Rep) ext 7s 1942.M&N % 7% assented Extl s f 6s 1960 Extl s f 6s Feb 1961 80 Extl 62 A&O F&A Extl Ry ref 6s 1961 Extlsf 6s 1962 103 103 s Extl f 6s s Sept. 1961..M&S f 6s J&J M&S M&N 81 68 4.10 Suwanee Co Road 5Ms 1946— Tampa— 5s June 1955 opt *25—J&J 5s W W Purch '37-72.F&A 4Ms Impt 1937 J&J 97 4.30 96 1963 98 West Palm Beach— New refunding 2-5s 51 53 S f gu 6 Ms Jne S f gu 6s 1961 6s ... 1962 M&N 24 M 24 M 25 24 J&D 83M 5s 1953 Rep 6s 1961..J&J — Tax free in Connecticut. 29M A&O Scrip issue of 1933 8crip issue of 1934 Mtge Bk— 20-yr s f 6 Ms 1947.—A&O Sink fd 7s(of 1926) *46 M&N Sink fd 7s (of 1927) *47 F&A a 101M 99 H 99 M 74 106 M H H O fi 101M 101M 77 77 70 77 M 77 M 70 79M 74 k 68 66 "76" 77 Administi _ 75 24 M (Rep)—8sA'48 J& 56 M & 99 98 108 M 107 M 22 86 110 15 11M 56M 8 Comm 61H Hamburg (State of) Germany 15M 13 10 40 35 41 % 40 42 M 24 30 24 26 M P "17M 20 M 19 IF 19 20 19M 19M 19M 20 20 20 20 i6M 16 H 16H 16 H 16M To be called Sept. 1. Bk« 13 51J 36 58 40 41 17 17 17 % 18M 22 35 22 1946 —A&O Hanover (City) Germany 7s'39 Hanover (Prov) Germany— 6s 1st series 1957 F&A 6 Ms 2nd series 1949 F&A Havana—1st 6s 1939 Q-J 2d ' Helsingfors (City) Finland— Extl s f 6Ms 1960 A&O 6M 8M 17 11 ' 13 M 29 r 33M 28 46 Pub wks 97 M 99 M 21 24 22 24 M 22 M 23 M 23 M ' ' ' ' 94 94 ' 1&'> 25M 25 M 25M Pub Util Credit a f 7s'52 J& J F&A Extl s f 5Ms 1965 M&N Oriental Dev Co 6s'53_M&S Orient Dev Co 5Ms'58M&N 33 "72" 26M "~26M 62 M "IF 87 84 77 M f 6Mb 80 60 Maranhao (State) Brazil— Ext s f 7b 1958——M&N 23 M 24 X Medellin (Munic) (Colombia) 7s extl Dec 1 1951 23 M 24 6Ms 1954 Mendoza (l*rov) Argentina— 7 Ms extlsf 1951 J&D d To be called Oct. 1. 85 M 72 % 77 1958—M&S / 18 97 Lower Aust (Prov)7 Ms'SQJ&D Luneberg (City) 7s 1948.M&N / 23 s 78 6 Basis. 26 X 98 M 85 M 82 % (City) Peru— 58 23 M "21" 105 ext 7s B'47 M&S Japanese Government— Sf 8MB 1954 Extl 25 29 100 Ital Cred Consortium for Lima 20 14 M 30 105 M Jugoslavia—See Mtge Bank of Leipzig (City of) 7s 1947F&A / 23 M 72 h ' ' Hessen. See Munich Bank Hungarian Cons Mimic Loan s f g 7 Mb 1945 J&J Extl s f 7b Sept 1946—J&J Hungarian Land Mtg Instit'n Mtg 7Ms 1961 ser A..M&N / 24 M S f 7Ms 61 ser B($ bds)M&N / 24 M Hungary (Kingdom)— Sink fund g 7 Ms 1944.-F&A / 60 Irish Free State 5s 1960-M&N 113M 85 M Italy (Kingd) extl 7s *51-J&D Prestito Redimibile 3Ms—- / l ' 6s Q-J Heidelberg (Germ) 7 Ms'50J& J 24 ' Graz(Mun)Austria 8s'54M&N 6s 27 "34" 33 M 28 36M Gt Brit & Ireland—See British Greek Govt s f 7s 1964-M&N Sink fund 6s 1968 F&A Guatemala 8s 1948 M&N Haiti (Rep) 6s extl 1952.A&0 6s 1953. A&O IF 28 24 M s'58 J&D Gold 14M 11M 27 M 26 June 1 '35 to Dec. 1 '36.& 25 39 M 38 July to Dec. 1936 Jan to March 1937 Scrip Dawes coups Dec 1934 stpd April lS'SS to Oct. 15'36. Young coupons Dec 1'34 stp ~ 26 23 22 July to Dec 1935.. Prov JO* 100 80 dep July 11937— — ■ 114M 34M German Cons Munic 7s'47 F&A Cons munic 6s 1947--J&D German Govt Internat— 5Ms loan of 1965 J&D oMs unstamped 1965 StpdfCanadian holder)'65 German Extl 7s '49 stampA&O 7s unstamped 1949 Default coups July-Dec'33. Jan to June 1934 July '34 to Dec 1934 German » 110 Ho" Jan to June 1936 102" 23 118M Jan to June 1935 71 102 M 23 22 M A&O 7s plain 1949 96 Colombia t To be called Aug. 1. 105M 100 M F&A Stamped ♦ 105 M 104 Danzig Port & Wat Ways Bd Extl s f 6Ma 1952 J&J Denmark ext 6s 1942 J&J - 10 Hukuang Rys 5s£._J&D 15 Coup No 39 due Dec 151930 Coup No 38 due June 15 '30 Cologne Germ'y 6Ms'50.M&8 6s Oct 1961 7b (Jan '35 coupon on). 1947 / 23 M 30*61-J&D31 6s stamped 1931 Chinese Government— Colombia . 108M 18M 6% notes 1931 3.90 FOREIGN GOVERNMENTS AND CITIES Agrlcul Mtge Bk (Colombia) 23 M (Feb '35 coupon on) .1947 23 M (Apr '35 coupon on) .1948 (Apr '35 coupon on). 1946 / 23 M 103 82 H 84 6% assented Chili Mtge Bk 6 Ms '57 J&D31 4.70 101M 65 Farm loan 6s i960 J&J15 Farm loan 6s I960—A&015 Ser A int ctfe 1938.A&015 103 4.10 4.20 Ext s f 8s 1952 ser B—A&O Danish ConB Municipal Loan 5Ms 1955 .M&N 86 7 Ms 1946 A&O sec 7s 1948 J&D Ceara (Brazil) 8s 1947 J&D Cent Agricul Bank (Germany) Farm loan 7s 1950—M&S15 85 6 101M 85 M Extl 100 5s 1958 102M 101M 101M Callao (Peru) 7Ms 1944.-J&J Carlsbad (City) s f 8s *54.J&J Oauca Val (Dept of) Colombia Miami Beach— 5Ms 1938-1939 M&N 5Ms 1940-1950 M&N Ref 4Mb non-opt 1947-56— New Smyrna new refunding— Orlando 5Ms 1937-1952 Refunding 5s 1952 Refunding 4s 1938-62.F&A Orange County 5s 1944..J&J 36 28 j 101 / 90 / 93 / 93 M / 90 / 68 J 02.A&O Call (Colombians — Refunding 5s 1964 101M 101M 101M 107 M f 6s 1950 J&D 1990 opt '60. -M&N Extl 14 6Ms 1959 M&N / 13 Czechoslovak Republic— Ext s f 8s 1951 ser A..A&O 104 Int ctfs of 63 % Extl s f 4s $ bonds 1984.J&J Bulgaria (Kingdom)— . .... Sec s f 7s 1967 J&j£ ?4M 27 M Stabil loan 7 Mb 1968.M&N 14M Oaldas—Ext s f 7Ms 1946. J&J 97 68 100 f s 7s 1937-1945 Readjust 4M-4Ms '77.M&S Ref s f 4M-4Ms '76—F&A Extl re-adj4M-4Ms '76A&0 Ext re-adi 4M-4Ms'75M&N 104 Extl 'ilF Extl a f 6 Mb 1953 M&N French Government— 7s ext of 1949 stamped.J&D s Extl 94 Serial 5 Ms 1936. J&J Serial 5 Ms 1937 J&J Cundinamarca Dep (Colombia) 98 M 104 58 M Frankfurt-on-Main (Germ)— F&A 103 63 100 103 102 M 7M8ext 1941 stamped J&D 7 Ms plain 1941 German Conversion Offer— Funding 3s 1946 103 to 4.00 97 H 102 J&J 15 Certificates of deposit Estonia (Rep of) 7s, 1967 J&J Finland (Repub) 6s '45.M&S Bud'pest (City) 6s J'n'Socoup'e^ Buenos Aires (Prov)6s'61 M&i 6s stamped 1961 7s stamped 1952... 7 Ms stamped 1947 6 Ms stamped 1961 Scrip Exten 6Ms 1955 ser B.J&J to 3.00 F&A opt" 1911—M&S 5 Mb Pub Wks June 30'45J& D „ 100 6 2.50 6 3.50 100 33 37 103 34 Extl g 4Mb '49 opt—F&A Extl g 5s 1949 Extl s f 5Ms '53 El Salvador —J&J M&S 100 Jacksonville— 5s Jan 15 1938-45.-J&J 15 6Ms Jan 15 194(M5. J&J 15 Refunding 2.60s Jan 1 1957 Lakeland 6s.—Feb 1 1938-41 Water & Light 5 Ms 1940-50 Leon County 5s July 11937-40 5s July 1 1941-55. Marion Co Road 6s 1952—.. Road bonds 5s 1952 Cuban 5s 1944 32 30 5 Brit Hungarian Bk 7 Ms 1962. / 3.80 % 110 to 3.50 4.00 97 M 34 30 M&N m 5 102 100 96 Dortmund Munic 6s 1948 / 22 M Dresden (Ger) ext 7s *45 M&N / 23 M Duesseldorf 7s to 1945 / 22 M / 22 M Duisburg 7s to 1945 110 114 Funding 5s 1951 J&D t S f 5s 1958 30 J&J 5Ms of *22 ext 1961 Funding 5s 1931-1951 Funding scrip Bremen (State) 7s 1935..M&S 6s' x940 Brisbane (City) "Australia— 30-yrsf5sof 1957 M&S 114 30 f 7s 1942 s Costa Rica Pac Ry 7 Ms 1949 5s 1949 A&O 4s of 1889 A&O 6 1.25 A&O 88 82 Costa Rica (Republic)— Extl sec s f 7s 1951— Customs 4s of 1900 4s of 1910 6 2.40 -- f 78 f (Prov) Argentina— Bank of 4Mb of 1883 4Mb of 1888 to 2.50 F&A / 77 M Dominican Rep 5Ms '42.M&S 2d Series 1942 5 Ms Cust Adm 194 2nd8er 5Ms 1940.. — b 1.00 100 M 98 M 97H 5Ms 1955 F&A Tru8trcts 4Mb 1962 A&O 15 Denmark Mtge Bk 6s 1940 A&O Brazil 8% ex 1941 t—J&D 7s Cent Ry elec 1952..J&D Extl s f 6 Ms (1926) '57. A&O Extlsf 6Ms (1927) '57.A&O 5s of 1895 to 2.50 M&N Ext'l 5s of 1913 Hillsborough Co 5b Oct 1 1943 Hillsborough Sch Dist No 4-. 6s 1R§$ 107 102 105 25 J&D Bolivia (Rep) Ext Extl 7s 1958 Extl s f 7s 1969 b 0.75 . 6s f 7s 1955 b 2.75 Duval Co Road os 1955—. 110 Duval Co School District No. 1 5s 1937-1955 6 4.35 Escambia Co 6s Aug 15 1951. 100 Gainesville 5Ms July 1937-40. 6 2.50 6 4.40 5Ms July 1941-1975. 7s s b 0.75 b 2.05 6s Ref & Impt '37-'56 var— f 28 Dade Co 5s Oct 1947-54.A&O 106 Ref Bldg 5s 1958 99 Dade County— 98 New refunding bonds. 1952-1953 106 102 f 6s 1955.—J&J s to 2.00 Brevard County School Tax 55 Districts No. 4 6s 1937-55— Columbia Co Road 6s 1955— 110 Coral Gables 5Ms '38-'56 A&O / 28 5s 92 107 Bogota (City) extl 8s *45.A&O Extl s f 6Ms 1947 A&O Bogota (Mtge Bk) 7s May '47 7s Oct 1947 A&O to 2.40 FLORIDA Impt 1937-1938 100 % .. 106 M M&S Berlin 6 Ms 1950 6s June 15 1958 DELAWARE 6s . Extl 99 % Nov 1 1936 coupon on 11M Bavarian Palatinate 7s 1945.. Belg Govt extl 6 Ms 1949 M&S to 2.85 4s 1938-1941 4s 1942-1948 12 11 Bergen, Nor Ex.sf 5s '60M&S W 2Mb April 1 1938-1947 2Mb April 1 1948-1957 2Mb April 1 1958-1966 Burnt Co OMs 1945-1950-M&S New Castle Co— 6Mb 1937-1944 J&J Sussex Co 5s 1938-1970—J&J 4Mb 1937-1953 A&O Wilmington— 4MsBldg—Con'53-'62 M&S 4Mb 1937-1950 (s-a)..A&0 5b 1947-1949 A&O Api 15 '72. 1955.J&J15 / 23 M / 20 7s 1948 A&O / 20 Barrauquilla 8s 1935-40-46-48 / 26 Bavaria (Ger'y) 6Ms '45-F&A to 2.55 4s 91M Extl 4Mb 1956 M&N Austrian Govt 7s 1957.—J&J Baden extl s f 7s 1951 J&J Bank of Colombia 7s '47.A&0 2.90 1.00 1938-1942 1942-1952 12} 1 '52 J&D Fxtl g 4Mb 1953 Cordoba (City)— Extl s f 7s 1957 7s stamped 1957 7s stamped 1937 Cordoba 1005 s f conv 4Mb '71-M&N Sink fund extl 4s 1972.F&A Australia (Commonwealth)-- 4Mb July 15 1937-66—J&J 4Mb 1946-1953 J&J •4Ms Water 1938-64 J&J 5s Water 1937-1951—M&N 6s Water 1952-1971-M&N15 West Hartf'd 4Mb 1943—J&D 4Mb Mar 15 1938-48.M&S b 4s 12M _ to 2.85 1938-1942. 100M 24 M Argentine Repub— 1A111/ Ext 6s of '23 1957 A..M&S al01% 100«32 102 Extl s f 6s Oct 1959.-A&O dlOOM Extl s f 6s 1960 —M&N * Ml"»? 101»32 Extl s f 6s 1960 A&O <*101M 102M 101M Ext s f 6s(State Ry)'60 M&S al00% Extl 6s sanit wks 1961-F&A tlOO^z 100 H 102 M Extl 6s pub wks 1961 .M&N * M'7* 100M Extl 5 Ms pub wks '62 .F&A tl00} ------ b 0.75 toT.10 b 0.50 4s Water 1938-1965 10 M 1054 10 M / 25w J&D 100 M Antwerp (City) extl 5s '58 b 1.00 1950-1962 _ f 7s ser D 1945-J&J / f 7s 1957 1st ser.A&O / f 7s 1957 2d ser.A&O / f 7s 1957 3d ser.A&O / 8s 1946 Ask Ask Bid Bonds / 26M ff l\H 100 H f 91H /"Flat price. 28 20 M 104 M 27 15 11M "93v A; Last sale. July, 1937] STATE Quotations for all securities AND are as near as MUNICIPAL BONDS Yield Basis Yield Basis or Bonds Bid 93 possible for the closing day of the month preceding the date of issue Ask Bonds Bid Ask Yield Basis To Net Foreign Govts, and Cities (Concl.) Metrop Water Serv—See New Silesia (Prov) Poland— Extl s f 7s 1958....— J&D f 46 Sileslan Landowners Assn— South Wales (Bank of the) 1st 0s *47 F&A Styria (Prov of) 7s 1946—F&A Mexican Irrigation s f gtd 4%s Stamped assented Bid Sydney (City) N S W— 25-yr a f 5%s 1955----F&A Tokyo (Oity of) 5s of 1912— "ffSflSfSPS* 1945— 5s assented 1945——__ 4s of 1904-1954 J&D 5s of 1912 1952 M&S Extl a f5%s 1961— --A&O Tolima (Dept of) 7s '47-M&N 4s assented 1954.—J&D Extl 4s of 1910 (£20 pieces) £100 and £200 nieces Treas 0 % notes *23 ext to '33 £20 pieces £100 and £200 pieces -— Gold 7s 1943 , Mlnas Geraes (State) Brazil * Extl 6%s 1958 M&S Extl 6 %s 1959 ser A.-M&S 24% 102% 103 % Ask 102 % 103 % > External s 8 f 5s 1970 .. 5s 98 ...J&D 100% 76 .... Stamped 5% scrip Panama (National Bank)— 0%s series OO & D7 '48-'49 6%s series A & B 1946-47- 23% 27 26% 24 s f 6%s 1953 s F&A/ a / 26 26 f 7s 1967 f 6s 1968 J&D / J&D / Bomeextlsf6%s 1952—A&O Deb 5s 1960 Deb 4%s ^ 5s 1959 >s s s . 28% - / 80 / 72) / 78 Scrip M&N 15 M&N 15 M&N 15,1938-43.M&N 15 82 74 4%a Jan 1,1970—J&J 2 Ottawa Oity 5s '37 '45_—J&J 6s Munic Imp *37-'50—J&J 5a July 1, 1937-1956—.J&J 4%s 1937-1944— J&J 4%s 1937 J&J 4%s 1937-1942.... J&J 4%s 1943-1960 J&J ^ 106% 106 J 112 112 111* 112 101 102% 111 98% 92 93 60 62 59 58 61 >61 60 60 60 60 58 58 58 58 96% 100% 101% 100 98 96 75 75 75 97% 80 80 80 100 108 100 102 104 106 110 94 90 89 105 115 108 109 116 115 117 110 & 92 91 106 108% 104 104 101) 101) 101 100 28% 28 per 4.25 2.50 to 2.10 to 4%s 1937-1956 1.75 J&J Augusta—4 %s Flood'42 M&N 6 2.75 Clarke Co 5s 1938-1944—.J&J 6 1.75 Columbus—5s 1937-44—.J&J 6 1.75 Hydro-elec 5s 3.00 3,10 2.40 3.00 3.00 3.00 2.60 to to to to to '38-'57.F&A 6 3.25 6 1.75 Dougherty Co 5s '38-'48 M&S Macon— 4s Pav & Sew '37 to '39-J&J Marietta 5s W W1939 F&A Pulaski Co 5s 1937-48 J&J Rome 4s Mun bldg'38-'39 A&O Savannah—4 %s ref 1943-J&J 4%s Drainage 1944...F&A 4%s Refunding 1959—F&A Spalding Co—5s 38-'49—J&J Swainsboro 6s 1938-50—A&O Valdosta 5s 1938-1942 Jan Ware Co 5s Road 1937-49 J&J Watkins S D 6s 1937-50-M&N Woodbury 6s 1938-49-..J&D „ to 4.00 to 3.00 6 1.75 6 2.50 to 6 2.25 6 1.75 to 3.50 2.25 2.25 to 2.25 6 3.00 2.25 6 3.00 6 3.40 6 2.25 2.25 3.20 to 3.50 to 5.00 to 3.00 t«3.25 100 100 6 4,00 6 2 25 6 2.00 95 95 IDAHO 4%s Cap Bldg 1938-1939. J&J Impt 1937-47 opt '30 Ref 1938-1939 A&O 4%s 4%s 4%s 4 %s 2.25 b 2.25 to 6 2.25 A&O 6 2.50 ref 1940-45 Road 1938 opt *27 Boise Oity 4%s 1951 3.00 to 3.00 to 2 25 J&J 2.25 3.50 .J&J ILLINOIS 118 HI 118 114 100% 106" 106% 105 107% 114„ 115% 113 120 117 w to 2.20 to 2.50 5s Road to 3.50 to 1938-1943—M&N 6 2.00 3.00 Chicago— 96% 3s 1957 opt '41-'42 3s 1956 opt 1945-49 3%s 1951 opt 3%s 1952 opt 3%s 1953 opt 3%s 1955 opt 4s 1938-1939 96 96 1940......— 1945 1946— 1951 6 1.50 6 2.50 6 3.10 6 3.25 to to to to 97 97 97 3.25 3.30 3.30 3.40 2.00 3.00 3.20 3.30 6s 1938 Board of Education— 3s 1957 opt 1939 3s 1957 opt 1941-43 3s 1957 opt 1945-47 3.30 1.00 96 96 3. 3%s 1955 opt 1946— 4%s 1954 opt 1944 Chicago Park District— 3%a 1956 opt 1946 3.10 — 4s 1955 opt 1938-'39— 4s 1955 opt 1940-'44 4s 1955 opt 1945-'47 4s 1955 opt 1948-'5 5 Sanitary 96 ....... 99 6 1.25 6 3.00 3.40 6 3.50 100% to 2.85 to 3.35 to 3.50 to 3.60 District— 4s 1955 opt 1938-'39 4s 1955 opt 1940-'44 1.00 6 3.00 6 3.40 6 3.50 4s 1955 opt 1945-'47 4s 1955 opt 1948-'54 Cook County— 4s 1956 opt 1938-'39 6 1.00 to 2.85 to 3.35 to 3.50 to 3.60 to 2.85 4s 1956 opt 1940-'44 100% 100% 108 6 3.00 to 3.35 6 3.40 6 3.50 to 3.50 to 3.60 Elgin Sanitary Dist— 5s 1938-1944 M&N 6 2.00 Evanston S D No 76— 4%s June 1 1938-1948 6 2.00 to 2.75 to Forest Preserve— 4s 1956 opt 1938-'39 4s 1956 opt 1940-'44 4s 1956 opt 1945-'47 4s 1956 opt 1948-'52 3.25 6 3.00 to 3.35 6 3.40 6 3.50 to 3.50 to 3.60 „ 85 77 77 69 110 67„ 6 0.60 6 2.25 4s 1956 opt 1945-'47. 4s 1956 opt 1948-'51 100% 109 to 2.00 to 2.50 to 2.65 4%s water 1937-1961.M&S 6 2.00 - 114" 101 6 2.10 6 2.55 to 2.15 to 2.15 to 2.05 4%s 1954 110% 100% 6 1.00 6 1.00 6 1.00 6 0.85 Champaign County— 4s 1949-1950 111 101 Comp '38-'43_Aug 1 ]s Serv Comp *38-'43.Aug 1 4%s Serv Comp '38-'44-Aug 1 4s Highway 1938-43 May 1 4s Highway 1945-54 M&S 4s Highway 1955-58 M&N 3 %sjEmerg Rel *37-'47 Dec 15 3 %s.Emerg Ref '48-'54 Dec 15 Bloomington— 108 31 109 110 105 104 101 104 Serv 4s 1940-1944 4s 1945-1948 116% K >s 106 106 88% 80% 100 gold rouble bond equivalent to 77.4234 grams of pure gold. to 6 3.75 6 2.60 J&J 6 2.00 5s Water 1938-51 101% 6 1.00 Granite City 4 %s 1938-48 J&D 6 2.25 Jackson Co 4%s 1937-46.J&J 2.75 Lake Co 5s Road '37-'49.F&A 2.00 River Forest S D No 90 4%s 1937-1944 M&S 6 2.50 108 to 2.85 to 3.50 to 3.50 to 3.25 to 3.50 INDIANA , 102% 108 115 103 Elkhart 4%s WW '38-75 A&O 6 2.00 Evansvllle 4s ref 1942.... J&J Fort Wayne— to 4.50 _ 105% 107 4%s 1937 to 1941 1942 te 1946 A&O 6 2.00 te 2.50 A&O 6 2.50 to 2.76 A&O 6 2.75 te 3.25 1947 to 1957 t Quotations 2.40 2.80 6 3.00 3s 1957 opt '39-'40 102 102) 102) 74 _ to 101% 86 79 Toronto 6s 1937-1940 J&J 5a 1940-1950 J&J 6s 1938-1939 J&D 6s 1940-1949 J&D 5a 1950-1959 ....J&D 4%s 1938-1939 A&O 4%a 1940-1941 A&O 4%s 1942-1945... A&O 90 60 99% 101 97 (non-call)—J&D15 (non-call)....M&N ..... 98 97 94 92 J&J 6 1.25 J&D 6 3.10 Road 5s 1949-53 Athens—4%s June 30 1943— Atlanta—4%s Jan 1 1940.J&J 60 59 58 110 / 23 Serbian 5s 1956.. / 495 Second series 5s 1956 49) Nov '32-May *35 coupons.. %s ref 1937-1945 Albany—5s 1945.. 99% 99 74 / 22 101 Crisp Co— 98% 102% 1943 5s 1959 105 99 96 95 92 Cordele 5s W W '37-38 ..J&J 6 2.25 Bibb Co 4%s 1948-49—M&N 6 3.10 101 J&D / 22 / 56 Nov '35-Nov *30 coupons. / 41 Serbs Croats & Slov (King of) Extl Ss 1962 M&N / 27) Extl 7a 1962 ser B M&N / 27) 24 85 84% 109 5s 88 103 5s '44—.A&O . 82 Santiago(pity)Obile7a '49 J&J / 16) 95 92 Appling County— Quebec (Province)— 4%s 1950 opt 1945.. .M&S2 4%s a11901. M&N Quebec Oity— 5a S F (non-call) 1960.M&N Saskatchewan (Province)— Extl a f 7s 1901 .M&N / 163 Sao Paulo Brazil 8s 1952 M&N / 26 Extl a f 6%s 1957.M&N 15 / 26 Saxon State Mtge Institution J&D 1938 ]s 1939-70 4a 1941 4a May May 15,1944-57.M&N 15 May 15,1958-68.M&N 15 Hydro Elec Pow Com— Santander (Dept) Colombia Extl s f 7a 1948 A&O / 12 Sink fund 7s 1945 Sink fund 6%a 1946 6s 1947 Jan *15 '48-'57-J&J 15 4a ... Stamped 1942 M&S 4s Sec sf 7s 1940 A&O 95 Santa Fe (Prov) 7a 1942.M&S / Santa Fe (City) Arg Rep extl 7a 1945 .A&O / 72 4s 1945 stamped—...A&O M&N 1944—... is Jan 15 ,'38-'47—J&J 15 / 71 / 61 / 27 M&S Sept 15'52 M&S15 Deb 4%s 1960 M&N 15 Ontario (Prov) 6s *43—M&S15 5%s 1946 J&J 8% external loan 1936.J&J / 38 Extl 8s 1950 J&J/ 31% Extl 7s 1956 M&S / 28 Extl a f 6s of 1928, 1968 J&J / 26 J 6s 1943— j 22) 4s 48 23 24 20 23 „ 25% 72 Bumania (Monopolies) Institute 7s 1959 F&A / 37 Russian 6%s June 18 1919— / 1 Certificates of deposit... / 1 5% % ext loan Dec 1921 / I Certificates of deposit... / 1 Saarbrucken (Oity) Germany Extl a f 6s 1953 J&J / 22 (Mtge Bank) 6s 1947 / 23 Salvador 7s 1957 J&J / 38 Certificates of deposit— / 32 4a scrip... ..../ 12 8a 1948. 8s ctfh of deposit 1948 Santa Oatharina (Brazil)— 8s 1947 F&A San Paulo (Brazil) State of— 97 —- «%s 1959 if 25% 6s 1933 / 22% Bio Grande Do Sul (State) Brazil ext s f 8s 1940—A&O / 31% 7s extl s f 1966 M&N Extl Extl ... A&O 15 -A&O J&J 15 A&O 4%s Jan 15,1957 J&J 4%s July 10. 1958 J&J 4%s Apr 1, 1961.——A&O 4%s June 1,1967 J&D Brit Col (Prov) 5s '48.-J&J 15 5s Apr 25, 1954 A&O 25 4%s 1938-1940 J&D 29 4%s 1947-1956 J&D 29 4%s s f deb Jan 23 *69 J&J23 Oalgary 5s July 1,1945—J&J Edmonton (O) 5s '45&'50A&0 5ssf 1955 & 1960 A&O Halifax N S 4s July, 1945 5s Jan, 1951 J&J 99 n GEORGIA 50 5s g f Nov 1,1956 M&N 107 4%a May. 1954 102% 4%s Jan, 1944 J&J 102% a 1937-1939 A&OIS 100 a 1940-1951 A&O 15 100 s June 1, 1971 J&D 99% Hay 1,1944 M&N 99 s refdg May. 1939-M&N 100% Metrop Co 4%s '53,'54&'61 101 4%s May 1. 1965—M&N 101 Harbor Commissioners— 5s Nov 1. 1909 M&N 117 New Brunswick— 4%s non call 1958.M&N 15 104% 4 %s s f Apr 15.1961 A&015 104% 4%s 1955. M&S 106% North Vancouver 5s *60.-J&J / 28 Nova Scotia (Prov)— Queensland (State) 7s *41 A&O 69 47% J&J Hamilton— 4sElecL&P1941 A&O Lachine P Q 5s 1954 J&D Manitoba (Prov) 5s '44-J&D 2 4%s May 1, 1945 M&N 4%s Dec 15,1956—J&D 15 Montreal 5s Dec 1, 1945. J&D Ext g 6s Feb 15 1947 F&A15 Bio de Janeiro 8s 1946—-A&O Extl M&N Alberta (Prov of)— Gold 5%s 1947 5s 1950 Gold 5s 1959 4%s Jan 15, 1942 Deb 4 %s 1956 Nuremburg extl 6s 1952.F&A f Oldenburg (Free State) 7s 1945 Oriental Devel—See Jap Govt Parana (State) Brazil 7s 1958Parnambuco (State of) Brazil Extl s f 7s 1947 M&S / Peru sec s f 7s 1959 M&S / Nat Loan extl 6s 1960-J&D / Extl s f 6s 1961 A&O / Poland (Rep of) 6s 1940.A&O " Stab'n 1 s f 7s 1947-A&0 15 Extl s f 8s 1950 J&J Porto Alegre (Oity) Brazil— Sinking fund 8s 1961... J&D / S f 40-yr 7%s 1966—J&J / 7s 1968—F&A/ Prague (Greater) Oity— 7%s loan of 1932-52..M&N Prussia 6%8 1951 M&S 15/ 6s 1952 A&O " May 1952 96) 93) 93 93 92 89 84 4%s non-call 1944—.M&N 4%s June 1 1946 J&D 4%s June 15 1950—J&D15 4s Aug 1 1940 F&A16 P 96% to 1945.M&N 5%s Vict Ln Dec '37—J&D 5s N Serv Nov 15, '41 -M&N 2%s Jan 15 1944 J&J 3s Jan 15 1967 J&J Winnipeg. Man 85 extl 6s 1901 —J&D Dominion of Canada— 10-year 2 %s Aug 15 '45 F&A 25-yr 3 %s 1961 opt '56-J&J 30-yr 4s Oct 1, 1960—A&O 5s refdg Oct 16, '43 A&O 101% Oslo s f extl 4%s 1955—A&O 100 Panama (Rep)ext5%s'53 J&D 105% Extl s f 5s 1963 M&N / 91.03 CANADA (American Dollar Quotations) 103 4%s extl sk fd 1965—A&O Sk fd extl 4s 1963 F&A Norway Municipalities Bank Guar Wurtemberg 7s 105% 4#s extl sk fd 1956-.M&8 86.44 ----- 5s 1941 Yokohama 108 104 100 _ 101% 6s1936... 102% F&A f 6s 1944—F&A 13 100% Westphalia (Prov Bk) 6s 1933 .... Norway ext 6s 1943 78 80 ■ 77 / 12 Venetian Prov Mtge Bank— S f 7s 1952 ser A A&O Vienna (O) extl 6s '52—M&N Warsaw (City) 7s 1958.-F&A Warsaw (Land M Bk) 8s 1941 Montevideo (City) 7s '52. J&D Extl s f 6s 1959 ser A-M&N Mtge Bank of Denmark— Exch s f 5s 1972 ser IX J&D 99 % Mtge Bank of Jugoslavia— Secured s f 7s 1957 A&O 5s funding 1956 Second 5s 1956 Nov '32-May '35 coupons.. Nov '35-Nov '36 couponsMunich "Bank— Hessen 7s to 1945 P&A / 22% New South Wales (Australia)5s extl sf 1957 F&A Extl s f 5s 1958 A&O Met Wat Serv & Dr Board S f 5%s 1950 A&O 98 ext 1946—--F&A/ 69% Extl a f 6s 1960 MAN / 66% Extl sf 6s 1964 M&N / 66% 70% „ 105% Uruguay 8s . Milan(Italy)ext 6%s '62_A&0 36 104% Trondhjem (City), Norway— Extl s f 5%s 1957—M&N {Union of Soviet Soc Republics Toronto (Concl.) 4 %s 1946-1901 A&O 4s £ July 1 1948 J&J 3%s July 1 1944-45 J&J Vancouver ,B O 5%s '39.A&0 5%s 1952 F&A 5s 1940 & 1941 var—...... 5s 1945 & 1940 var....... 5s 1950 & 1951 var 5s Jan 15 1970 J&J14 4%s 1942 and 1967 F&A Verdun deb 5s 1954. 49% 31 95 To Net or Bonds - 6,Basis. / Flat price, k Last sale, n Nominal. I,25 STATE 94 JM30 ta«Silev-38-:47.J« 6 2.75 6 2.00 to % to 3.50 2.75 2%25 2 10 4h» 1938-1955 Hall 3 Us City J&J 1939—J&J 62V00" to3~66 &5 2,50 to 2 .00 a 5 Ms 1941 4M8 ----- M&S School City-— South Bend Impt 6 2.25 to to 1.90 Dist—- M&N 1940-1941—--M&N 1937-'57—-J&J 4Mb W W 1938-42—J&D 6s Gen Oblig 1937-40-J&J 4Mb Des Moines 5s Des Moines 4Mb Sept 4Mb 1944 Ind S D— 1 1945 Lee Co Prim '39.A&0 Road 2 Ms. 1948 -—J&J 1 1 4 Ms 4 Ms to 2.25 4 Ms % to 1.50 % 2 00 % to 2.40 % to 2.25 2.90 to 1942 (old issue) 4s Pub Impt'42 opt 1 1 less Orleans 2.50 % to to 2.60 less 1 to 2.50 1 1.25 1 94 95M 99 100 M 104 2.60 % J&J 1938-7)4J&J 6 0.75 to 2.80 6 1.00 to 6 1.25 i 6 2.50 6 2.85 6 2.40 Tensas Basin 5s s 6 2.65 2.50 6 1.00 to 2.50 % 6 1.00 to J&J J&J 1.00 to 2 00 % 4s to 2.40 % 4s State Her „ 102M 103 M 102 103 102M 103 M 103 M 103 M 102 M 102 M 102 6 3.95 Bowling Green—5s 1955-J&J Covington— 6s W W Jan 15'38-'61 J&J1! F&I 4Ms 1938-1950 A&( 4Mb WW 1937-51 J&. 4s Fdg 1952 opt *42__F&i 4Mb School Jan 1 1938^69,. Crittenden County— 5Ms Fdg Feb 1 '39-'49_P&^ Henderson County— 4Mb R&B Oct 1*37-56 A&C 4 Ms Fdg 1937-48 6 3.90 6 3.60 6 3.60 3.85 % 3.80 % 3.45 % 3.45 % 6 3.60 6 3 60 3 45 6 3.60 3.45 % 6 3.60 3.45 % 90 6 4.40 3.45 93 i mrnrn 4.30 % Hickman County— 95 6 2.90 100 2.75 6 2.25 1.75 i Livingston County90 92 6 3.20 Refl 4Mb Jan 1 ] 3.10 6 3.10 6 3.20 Hospit 4 Ms 2.95 6 3.20 6 3.25 4Mb Sewer 4s Ref July 4s Sewer 1! i i 0.70 2.60 2.95 1 6 1.00 6 2.80 6 3.10 Lou W Co Sewer 11 6 3.20 3.05 3.10 % 6 3.25 6 2.20 Ref 2.00 % 1.60 % 4.10 % 6 1.85 Sewer _~_"j&I %' 3.10 3.10 3.15 6 4.20 6 4.50 6 4.00 44C % 3.8C i% LOUISIANA State Highway— 5s series A, B & 01940-194; 6a series A Mar 1 1943 3.4C % 6J3.40 to 3.4C % 613.25 to 3.2S % 6:3.40 to 3.4C 6:2.25 to 2.2E 't 6 3.00 to 2.7S % on bid side, 2.85 % to 2.55 % .95 1.95 3.55 to 2.95 % to to 2.05 to 3.15 i M&N to 2.35 4Mb 1938-'50 (tax-ex) F&A Lowell 4 Ms 1937 (tax-ex) F&A Lynn— 6 0.90 to 6 1.00 to 1.70 '38-'39(tax-exempt) M&N (tax-ex) M&N F&A 4s 1940-51 Maiden 4s '3 7-'44 (tax-ex) % 3.05 2.70 6 1.90 to 6 0.75 to 2.10 Medford— 1 % to 2.15 6 1.00 to 2.20 % 6 1.25 to 2.00 % 6 0.75 to 2.20 3 Mb 1937-1942 tax-ex.M&N 6 0.75 Milton 4s 1937 (tax-ex)..F&A 3.70 % Needham— I50 4s 2.75 2.75 1.50 to to to 1938-1941 (tax M&N to 0.50 to 1.75 4s Dec 15 1937-1944 J&D 2s Dec 1 1937-1955 J&D 6 0.75 6 1.00 Quincy 3Ms ly38to '39..A&O 6 0.75 Salem 4s Jan 1 '38-'54 tax-ex. 2.50 Somerville— 2.00 to to 2.00 J&J 6 0.75 6 6 6 6 Sewer exempt) Httsfleld— to 4s July to 2.40 0.75 0 75 2.75 4.00 1 1948-50- J&J Springfield— 4sl937-44 to 2.00 to 2.00 1.55 to 2.85 6 2.65 3.50 6 3.50 I to 2.90 % to 2.00 6 0.50 & to 2.15 % to 2.90 Ms 1938-1953 F&A Welles ley (Town) 6 075 4s Mar I 1938-1946—M&S 6 1.40 Winchester 4s 1939-1943 A&O 6 0.75 Worcester 1 Ms Apr 1 '38-*46. 2.50 3.75 to to 6 0.50 Waltham 3 Ms 1937-45—F&A 4s 1937-1960 F&A 6 0.50 Warren Water District— 6 0.75 4 to 3.00 b 1.00 (tax-ex)...F&A to 2.40 % to 2.70 % to 2.25 % 2.05 2.25 to to MEXICO Foreign 6 2.00 Govts page 93 to 2.00 ... 4$:::::::::::::::: A&O 1943-45...M&S 5s Water 1961 A&O 5s registered 1946 M&S 4Ms Mar 1, 1938-'55..M&S 4s Aug 1, 1951 F&A 5s 1938-1961 5s to 3.00 6 0.75 Refunding Water series D— 3 Ms Oct 1 1951-1961 3 Ms Oct 1 1937-1950 3 Ms Oct 1 1948-1950 4s July 1 1937-1947 Street railway 4Mb Refunding 3 Ms <57-'62 J&D Refunding 4s '38-'56—J&D General & Street Railway- to 3.00 1954..—...J&D M&N M&S 1961— F&A 1938-1939..M&N 1955 1, 1961 Parks 4s Mar 4s Aug 1, 4s School non-callable Water 4s 1.50 lesslM 6 3.35 less 1 less 6 3.50 6 0.75 6 4.20 6 3.40 Baltimore— less 1 1 lesslM to 3.1o % lesslM 6 1.00 to 3.15 % 6 4.00 lesslM 6 4.00 lesslM 6 3.25 6 1.00 6 3.15 1.25 to 4s 2.10 to 2.75 4s 2.25 to 2.75 0.75 to 2.00 3 Mb Oct 1937-59 General 3s Oct 1 1959-62.. HZIII 2Mb Oct 1 1937-62— 6 3.95 lesslM Refunding 2 Ms 1951-63 J&J 6 2.00 to 4 0 Refunding 3 Ms 1938-50 J&J 1945-1971 M&S Regis'd stk 1946-57 M&N 4s 1937-1944 A&O 1956-1965 4s 1972-1975 .« 3Ms Impt 1940.... 3 Ms March 1945 t Less l to MICHIGAN % less 1 6 1.25 6 2.25 J&J 15 3.50 5 Ms July 15 1941 less 1 5Ms Oct 15 1941 A&O 15 6 2.25 Portland— 1.90 5 Mb Highway 1941 to 2.50 J&D 62.10" less 1 4s C H *38-'45 tax ex. .A&O 6 0.75 5s Highway 1940 J&D Portland Bridge Dist (taxable) less 1 6 2.20 4Ms Highway 1943 F&A to 1.50 3 Ms July 1,1937 to 1939— 6 0.75 less 1 6 2.25 4Mb Highway Impt 1944 A&O Portland Water District— 2.10 4s Highway Impt 1942—A&O 1.00 4s Funding 1938—...J&D 6 1.50 Ann Arbor— 2.60 4s Funding 1948—..J&D 6 2.75 1.50 to 2.50 % WW ref 4Mb 1937-1948 J&J 2.40 % Saco 4s April 1939 A&O 6 2.50 2.00 to 2.10 % 3 Ms 1944-1946— South Portland Sewer Dist— Battle Creek— 4s 1937-1950 M&N 6 1.00 to 3.50 to 2.00 % 4 Ms Sewer 1937-40-M&N 11.50 b 2.50 to 3.50 Waterville 4Mb 1940-50 Battle Creek 8 D-— 6 1.00 to 3.50 Westbrook 4Ms 1937-48 to 2.50 % 4Mb 1938-1949—, F&A 11.50 Bay City— MARYLAND to 3.25 % 5 Ms ww 1937-1951.-M&S 11.50 0.75 to 1.50 4Mb Rd & Bdge '38-'40J&D15 Dearborn— 0.75 to 1.50 4Ms 1938-1942 J&D15 t 3.75 to 4.00 % 4Mb Sewer ^e-'Sl-'SO-A&O 0 75 to 1.50 4 Ms 1937-1942 J&J Detroit— 1 10 to 2.50 % 3s ctfs of indebt '38-'50_. A&O 6 4.00 lesslM General 3 Ms —— 2Mb ctfs of indebt, 98 M 4s 1939-1951 A&O 6 1:40 to 2.50 6 4.05 lesslM Annapolis 4Ms W W '42.A&O 6 4.10 lesslM 4s •Callable at 105* 2.65 1.90 to 6 1.00 4Mb 1938-*43 (tax-ex).A&O 0 75 0 75 0 .75 1.50 1938-1942..M&S b 0.75 Augusta— Ts Oct 15 1937-1955 4s Wat Wks Sept 1 1937-40 Bath 4s Ref 1941 tax-ex.J&D Belfast 4Ms Ref '37-'50 M&N Brewer High Sch Dist— 4Mb 1937-1945M&N Kennebec Water. District— 4s Ref May 1, 1950-M&N KIttery Water District— 5s Jan 1938 J&J Old Town Water District— 4s July 1937-1939 J&J 4s July 1952-1958 J&J 4s 6 3.25 to A&O 6 2.45 J&J 6 2.05 1938-44 Holyoke— 107 1937 1938-1939 4s Annex Short Term Bonds— I , (reg).M&N F&A ...M&S 4 Ms 5s Gen Imp 4Mb w w 1937-1970—A&( Warren. Co—IMs *38-'59-J& to 2.60 New Bedford— 4s 1937-1940 tax-ex 103 ; 6 0.85 Auburn— 102 101 Ashland— 4 Ms S I '42, '47 & '52 ... A&O 6 0.50 , Franklin (Town)— 2.00 to 105 2.70 4Mb 1938-1941 ...M&S 6 1.75 4s 1938-55 (tax-ex) M&N 4s M&S 6 0.75 M&S 6 1.25 3Ms 1940-1951 M&S 6 2.00 2s Improve'mt 1937-56 —A&O 6 0.75 3 Ms 3 Mb 2.65 2%45 2.55 6 Chelsea 4s 1958 Everett 4s 1941-1956 Fall River— 3.60 2.50 to 4.00 2.50 to 3.30 2.00 to 3.70 6 6 Highw & Bdge '37-'39 M&N I Highw & Bdge *40-44 M&N 6 6 2.60 3.05 to 3 Ms May 1 '45 3s Bridge 1941 MAINE 4s Bridge Revenue Refund! 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&i Project No 8 July 1 1945... Project No 10 July 1 *50 J&; Project No. 11, 1952 Levee District— J&J 1957 % to 2.00 105 5s J'way & Bdge '38-'54.A&0 4s Sept 1, 1937-1953 M&S 2.60 % KENTUCKY Owensboro—5s Paducah— Jan 3.05 to 106M 106 J 106J 105 4Ms W W& Sew'37-54J&J 4Ms May 2,1938-67.M&N2 175 % 2.25 6 2.00 to 111 105 F&A Shreveport— 5s Dec 1. 1937-1969—J&D 5s Wat Wks Riv '38-*40M&S 2.75 2.75 2.25 % 2.65 % 6 3 00 1937-46—.J&D 1938-1939 1940-1945 3.00 % to 6 3 00 A&O 1943.M&S 5s 1950 Series B to 3.15 3.15 4s 1937-1947 tax-ex 103 107 5s Mar 1953 opt 5s 1965 Series D to 109 M&N i 2.80 6 0.75 Cambridge— 4s Oct! 1946-1949 to 4.00 109 5s July 1968 J&J Red River A&BB District— % 2.90 2 Ms ser B 1938-62...J&J Braintree—4s 1938-1941.-J&J 6 1.00 105 to to „ 105 1937-1944 1945-1967 6 0.65 M&S J&D J&D J&J 6 1.00 105; 105 104 80 3.25 3.35 Brockton— 104 6 2.75 Wyandotte County— 6 1.00 -4M8 Bridge *38 to '41-P&A 6 3 Ms 3.80 Pentchartrain District— Topeka 4Ms 1948 Topeka S D 4Ms Mar 1 *38-*46 4s 3.00 3.00 1.50 % Leavenworth— 4Mb Water 1938-1947-J&J Leavenworth Co 5s 1945 McPherson 4Mb 1945 Reno Co 5s 1941 — Saline Co 4Ms 1945 Sedgwick Co 4 Ms 1940 Shawnee Co 4 Ms 1944 4s 102M 6 2.00 to 1.95 0.75 2M April 1 1938-1957 6 0.70 2Mb Sept 1 1937-1956.M&S 6 0.70 2Mb 1937-1955.. J&D Metropolitan District— 6 0.75 2 Ms Dec 15 1937-1960 6 0.90 2Mb ser A 1938-58..M&S 106 M 2.20 % 1937-1953 Sch Dist 4 Ms 4 Ms 106 101 6 1 25 J&J 3.15 3 Ms July 1 1945 3s April 1 1938-1957 103 104 __ 3 Ms June 11944 96 93 102 M 6 1.65 to 2.75 2.00 % 3.30 3.25 3.25 J&D 3 Ms 1937-1951 3 Ms June 1 1943 3.70 6 2.35 6 1.00 1~65 %' to A&O J&J 4s Tun & Sub'59 tax-ex.J&J 3.50 6 2.20 F&A to 4s Sub 1958 tax-ex to 3.80 6 2.00 J&D 6t3.60 J&D 6f4.00 Plaquemine Parish E Bank— 5s Oct 1952 ....A&O 102 4Mb Imp July 18 '49—J&J Board of Education— 100 4s Sub 1957 tax-ex District— 6s 1944- 1.45 % to 4s Tunnel & Sub 1948.J&D Orleans Parish Sch Board— p 1.40 1.55 6 0 50 Boston— 103 103 to 3.80 2.00 5s 1942 P&A 4 Ms Wat & Light 1944- J&J 4Mb Wat Plant Pur '39.J&J .60 1.75 1.95 . 103 101 5s . 4 Ms Dec 1976 4s 1938-1939 (tax-ex-) 1937-1939 1940-1949 5s 2.60 to 4 Ms Septl 1981. M&S 4 Ms Tun 1960 tax-ex. .A&O 1.20 Kansas Oity 1938-1953 Is Pub Wks Feb 15 1938-41. 104M 6 1.40 1939 Septl 5'37-'40 101M J&J J&J J&J A&O *4Ms Sept 1,1937-'68_M&S 2.35 _ 107 M 108 5s July 1950-1959 *4 Ms 1938-1961 2.35 to 2.55 Arlington 4s'38-'42(tax ex) J&J 6 1.00 Beverley— 4s 1938-1945 (tax ex).M&N 6 0.75 102 5s July 5s July Hutchinson— . Levee lMs Pub Wkfe. 106 3 Ms July 1 1953-1968 1953-19( 4s July 1 1940-1952. Orleans District— rleans ■■■■ % 2.25 % to J&J '28 J&J serial 1937-1940 4 Ms serial 1940-1980 4 Ms 6 0.50 (tax-exempt) _.Var J&J 3 Ms gold July 1944 M&S 3s gold July 1 1939 J&J 3s gold Water Jan 1 1941-J&J .109 M 109 M 105M 1942—J&D 4Ms 1937-1977 A&O 4s Floating debt 1948-A&O 4s Constitutional 1942.J&J 4s Public Impt 1950 opt to Soldiers Compen '37-'52 Soldiers Oomp 1953--J&J 6 2.50 4s Soldiers Comp 1954--J&J 6 Crawford Co 454s 1939 lf50 4Mb 107 107 M '39-'49.J&J 101 1950-59—J&D 101 1938-39 J&J 102 1940-49 J&J 6 3.40 1950-59 J&J 6 3.60 1960-67 J&J 6 3.75 less 6 1.90 4s 4 Ms 5s Dec 1952 opt New Orleans— less 6 1.00 4 ,'v 109 109 109 107 Borgne Dist Levee— 4 Ms 6 075 6 2.50 Wichita 4Mb Lake 1 KANSAS 4 Ms 107 107 5s Pub Belt 6 1.90 4 Ms 105 5s Pub Belt RR 6 1.00 4Mb Water 1937-42___A&0 6 2.25 454s Water 1943-'44_A&0 6 1.00 Sac Co 2Mb May 1 1938-47—» 1.00 Sioux City 6s '37-'45-F&A15 6 1.80 6s Ref Aug 15 1940-F&A15 /) 1.00 (s Sewer 1938-47--M&N - 3 Ms Water 1942 Lafourche Basin Levee— 5s Jan 1954 opt 1944 J&J 5s 1956-1970— A&O 1 1 Marshalltown— ,4 Ms 106 4s 1937-52 107 M less J-*fcOl3t ©o © -M&S 1938-1956 J&J J&J '52-A&0 104 A&O 15 F&A 15 less less M&S Lyon Co 2M8 May 1 1938-47 Marshalltown Ind S D— 61.00 5s City Hall 1938-39.M&N is 102 4s Water registd 1938-58.J&J 6 0.75 3 Ms 1956 ref (tax-exem)_J&J 5s 1972 ----- 4s Sept 1 1945 Port Dodge 5s Fund MASSACHUSETTS J&J 5s 1957-1967 i 4.00 % 4.00 4.00 104 opt 1941 5s 1959-1969 61.40 to 1.60 % 6 1.60 to 1.80 6 1.00 to 3.50 % 6 1.00 to 2.00 % 6 1.00 to 1.70 % 3.75 to J&J 1973 106 5s Oct 15, 1962 op 5s Oct 15.1963——_A&015 %' to 104 103 '54-A&0 5s 1950 opt 1940— 5s 1952 opt 1942 3.00 % Co 2Mb 1942..M&N Davenport Indep Sch 4Mb 1939-1940 4 Ms Sewer g 5s 1969 2%«, to 3.75 % Fifth District Levee— 4Mb 1937-1942 J&D to 3,15 % Cedar Rajpids 4 Ms'49-'53M&N 6 1.90 less 1 Clinton to 3.50 Caddo District Levee— 5s 1951 2.85 2.90 Washington Sub San Dist— 3MsWat & Sewer '87.M&N 107 To Net — Bossier Dist Levee 5s 2-25 6 1 00 6 2.85 1939-1948.F&A IOWA 5s 1938-1969. &5 mm mm - Hagerstown— 5s Water 1938-1987—.A&O 6 1.25 4 Ms 1937-1987. A&O 6 1.00 Montgomery Co— 4 Ms 1939-1968 .M&N 6 2.00 _ imp 1949-M&S F&A 105 2.25 Baton Rouge—5s '38-54 M&S 6 3 60 Indianapolis S D—4s Bldg Sept 1 1946—J&J 3 Ms July 1 1941. -J&J 6 1.50 6s Oct 20 1937-39—A&O So Bend 4 Ms W W 43 .M&N * Highway— to 3.75 4Ms series D & E 1944-55- b 3.80 to 3.70 5s series F Mar 15,1945-48- b 3.75 6 3.75 to 3.70 5s series K July 1,1947-49— 98 M 97 M 3M8 series R 1941-60—J&J 103 3 Ms series Q 1941-60--J&J 102„ 3.70 State Pension 5s June 1,1948. 6t3.80 6 3.75 to 3.70 Oapital Bldg 4Ms'Aug 15, '52 Atchafalaya Levee Dist— 107 5s Sept 1937-1972 M&S 105 105 M 104M 5s Dist ref & 3°00 Ask Baltimore—(Cont.) 3Ms Refunding 1952...J&J 3 Ms Sewage Impt '80.A&O 6 3.10 Oumber'd 4Ms W W '41-A&O Long Term BondsState 2.50 to 4Ms Oct 1943,- WH or Bid Bonds Net Ask Bid Bonds Net Ask Port Wayne School Dist— 6 1.75 5b Oct 1 1937-1943------— Gary Sch City Yield Basis To or To or Bid closing day of the month preceding the date of issue Yield Basis Yield Basis Bonds ' MUNICIPAL BONDS AND securities are as near as possible for the Quotations for all t Less 1M on bid side. M&S M&S J&J M&S 6 Basis. 2 2.25 2.50 / Flat price. Water 98M 6 2.00 6 3.95 6 1.00 to 4.00 % lesslM to 3.20 % July, 1937] and state municipal ~RsieJtt Yield Basis Ask ... Yeild Basis m Bid Bonds Net 95 the date of Issue ----------------—— Yield. Basis Yield Rrntit To or Bid Bonds bonds possible for the closing day of the month preceding Quotations for all securities are as near as Ask Bonds Bid Ask Net Flint 4Ms 1937-54—_M&S 15 6 2.30 5s (Mar 1 & Apr 1) '37-50— 6 2.30 Flint Union School Dist—■ 6s 1938-1954 M&S 6 2.25 6 2.25 4Ms Marl 1938-1939 Grand Rapids— 3 Mb Sept 1 1937-1940 to 4.00 Kansas City— 4Mb 1939—— J&J 5s Water 1939 ---J&J 4MB 1940 ..J&J 4Mb Various May 9 38-'72 4Mb Jan & July 1942--.J&J 4M.b 1938-1955..---—A&O 4Mb Airport 1937-54.-A&O 4s Airport 1937-1971— M&S 3Ms 1937-1974 -J&J F&A 3 Mb 1938-1974 3 Mb 1938-1955 A&O to 4.05 to 4.00 to 2.90 M&S 61.60 3s Sept 1 1941-1945—M&S 6 2.10 Grand Rapids School Dist— to 2.00 6 1.50 to 2.50 4Mb 1937-1943 M&S Highland Park— 4Ms April 15 1957 5 Ms May 1 1941 4Mb School Nov 1 1954 Jackson 4 Ms 1938-47—A&OIO 4Mb July 15 1955 Jackson Union S D— 4MB 1937-1945 M&N to 6 3.50 2.75 % less 1 2.35 3.25 3s to 3.50 % 3.75 4s 1941-1951 6 2.00 to 3.50 % 4 Ms to 2.40 % to 3.25 % less 1 Pontiac— • '''■ 97 Refund 4-4 Ms 1946 opt 1937 6 4.00 4Mb School June 1 1955 6 3.00 Port Huron 4Mb 1942 Saginaw— 4 Mb 1937-49-F&A 6 1.00 4Mb Sewer 1938-51—J&D 6 1.00 y 99 less M less 1 to 3.00 to 3 00 1 6 1.50 6 1.50 to St % 3.00 4Mb Louis 4s 1946-1951 4Mb 1937-1947 4^s 1938-1942 4s 3 Ms 1.75 J&J 6 1.00 M&N 61.00 J&J 61.00 1937-1946 Duluth Ind School Dist— 5 Ms 1938-1940 A&O 61.00 to 3.00 2Mb to 2.30 1 to 2.60 6 1.00 4Mb Hospital *38-'41.M&N Minneapolis— 5s 1937,1940.1943,1945. to 1946, *47. *48.'49.'50 J&D 6 1.00 to 3.00 6 1.00 6sStImpMay2'38-'41 M&N2 4 Ms Apr 1938-39 A&O 6 1.35 4Mb Apr 1940-1952—A&O 6 2.00 4Mb 1938-1940 A&O 61.00 4s improvement 1942-J&D 4s 1944 .—A&O 3 Ms 1937-1941 M&N 6 0.75 2.60s 1939-1966 A&O 6 1.50 _ to 1.75 to 2.80 to 2.00 1 to to 2.30 6 1 .90 2.30 to 1.60 % to 2.15 6 1.00 2.50 to to 2.30 to 2 40 to to 2.30 6 1, to 3.10 to 2.25 to 2.75 to 2.60 to 2.60 % to 2.50 6 "l.2 5 I°.00 to 3*25 f?50 67.00 to 6 1.00 6 2.00 to 1.75 3~ 65 to 3.25 1 62 to 2.50 jil 5s Dec 31 1937 61.00 6 1.60 4Mb Dec 31 1939-406 1.00 4Mb Dec 31 1937-39Daniels Co 5 Ms 1937-42- J&J 95 6s 1941 opt 1940 95 J&J 0 .70 - 5Ms Sewer '38 to '39-. J&J 6 1.90 4ms Wat & Sew '38-*50. J&J 61.90 1 to 2 20 to 1 60 4s J&J 61.50 4s June 3.50 3.80 3.80 1938-53 A&O 334s & 3 Mb highw notes Ser I due 1938 to 1956 6 1.00 Ser II due 1956 to I960-. 6 6.90 90 Biloxi 5 Ms 1938-1943.-A&O 4.50 Greenville 5s fund '43-'50 F&A Jackson— 5Ms 1938-1954 A&O 6 4.50 3.50 , 4 Ms Jan 1 1938-1952 4 Ms 1937-1952 M&N Jones Co 5s 1938-1942 ..M&N Meridian 5s Dec 1 1939..J&D 4Mb School House 1941 J&J Mississippi Levee District— 5s May 2 1944 M&N 5s July 11953 J&J Vicksburg— y '' 6b Pub Imp 1937-48 F&A Yazoo-Miss Delta Levee Dist5s 1937-1954 M&N 4Mb July 1949 J&J 4s 1952 optional 1922..J&J to to 95 4.25 4.50 4.25 4.00 4.00 3.50 3.50 6 4.25 3.75 6 6 v j&j 6 2.00 6 3.75 „ M&S 15 6 1.25 to 4.25 to 4.10 % 81 3 20 % 114 to to 3.40 to 3.60 to 3.30 to 3.65 to 3 60 to 4.15 % to 2.50 % to 3.25 to 3.75 % ~ F&A * to 3.00 3.85 4 Ms Hackensack to 3.60 to 1.75 to 3.50 to 3.00 % to 3.40 4.25 — 3.30 to I to 3.50 Hoboken—4Mb 1940 J&J 5s School 1938-1954—J&J 6*3.75" 3.00 % 88 6 1.50 4Ms 1942 F&A 4Ms Imp 1938-1942--J&J 6 2.25 6s 1938-1954 --.F&A 6 2.25 3s 1937-1966 M&S 6 1.50 3.35 to 3.75 4*25 to 4.25 % Hudson County— 4 Ms 1938-1978 M&N15 6 1.50 to 3.85 4s g Park 1954 & 3.25 '59-M&N 6 3.60 Hunterdon County— 4Ms Road & bldg *38-'46J&J 6 1.25 to 3.00 Irvington 5s School 1963-J&D 4Mb 1937-1959 J&D 6 1.50 to 3" 60 % 3-20 3.10 to Bldg&Rd*38-'45 J&D20 108 88 m 3.50 5 MB 1942-1953 A&O 5s 1937-1969 A&O 4Mb School 1937-58—.J&D 4Mb School 1945 J&J 4Mb Water 1961. A&O to 2.45 to 0.60 to 2.05 to 2 15 3.75 s 4.00 3.75 s s 2.70 1.00 1.40 1.85 2.00 2.40 2.40 to 2.50 1 00 to 1.75 J&D 6 2.50 J&J 6 1.25 to 2.60 to 1.25 to % 2.15 series series series series to 2.60 6 2.25 to 3.90 to 1.60 Gen ref 3Ms '38-'64—F&A 6 2.00 3Ms, 1937-1956 6 2.00 3.80 6 1.75 1 to 3.75 % 6 2.50 to 2.55 _ Keansburg 5Ms 1938-59.M&N E ™?Jis APrU l»4l 4s ser a B of July 1944 '27 July 1950—- '53 opt *38 '54 opt *39 4Mb 1937-1942 4s 1938-1969 '54 opt '39 '55 opt *40 to 3.10 to 6 0.75 to 3.20 3?15 6 2.40 to 2.90 .. n 3*20 to 4 25 87 4.75 83 330 % 6 3.00 to 4.00 % 3.40 2.25 6 1.50 to 61.50 to 3.35 6 2.50 to 6 2 00 to 4.00 4.00 2.25 2.75 1.50 6*1.75" J&D 6 2.00 M&N to 6 2 00 3"! 55 %, to 3.00 % to 3 75 - 4.50 Nownrlr— 1 6s 1938-1972 M&S 5Ms Oct 15 *37 to'59 A&015 to 3.10 to 3.00 5s 1937-1958 4 Ms 1937-1983 3 Ms ser A July 1938-1966— 6 1.00 4 Ms series B July 1938-67— 6 1.00 4s series O April 1938-69— 6 1.00 to 3.00 4 Ms School Dec 1 '45—J&D 4s Sch house 1959 Construction— to 3.10 1.75 2.90 1.75 2 Ms Jan 15 1938-76 2 00 1.75 2 00 2 00 210 2.00 - yy : J&J to 4.50 t« 4.25 6*1.50" I 'a to 4 .10 to 4.10 6*3 60~ ""3740 4s Pas Val sew'61 op v61J&D 6 3 60 4s 1938-1970 J&D 6 1.50 3 Ms Track elev 1954—F&A Nominal. ';y-- 6 6 1.50 J&J 6 1.50 F&A 6 1.50 opt 1949 to 3.10 2Ms series D May 1938-70- 6 1.00 to Emergency Relief— 3 Ms Jan 1938-1941 6 0.80 to 5s May 1938 to 1941 6 1.00 to 6 0.50 to 4Ma Nov 1937 to 1941 3 Ms Mar 1938 to 1942 6 1 00 to 3 Ms May 1938 to 1942 6 1.00 to 2M Jan 1938 to 1943 0 80 to Ed Aid 4Ms ser A Jan 1938-42 0.80 to - 4.00 to 3.85 to Neptune 4Ms 1940-55—F&A 6 4.75 A of '24 Jan '55 opt'40 B of 24 July '55 opt *40 fl nf 'OA T,.l„ »ra •A —* to Morristown— 6 0.50 to 3.15 6*0.75 93 A&O Middlesex (Borough)— 3Ms 1938 to 1967. J&J Middlesex County— 4 Ms Road 1938-1944—F&A Imp 3s Nov 15 1938-1948.. Monmouth County— 4Mb Mar 15 '38-*50-M&S 4 Ms Rd & bdg '37-51F&A15 Monte lair 4 Ms Sch 1941. A&O 4Mb High sch bldg *44-J&D Morris County— 4Mb 1942 opt 1922 J&J 3 Ms 1939-1949 J&D15 Soldiers Bonus 5s July 1941— Institutional 1.00 to Mercer County— July 1940 2.90 6 0.75 3.80 87 4Ms Water 1938-70-J&D15 61.75 impt *38-'52_J&D 6 1.75 5Ms 1937-1970 J&D 6 1.75 Lodi—5s 1938-1947— 80 J&J Long Branch 5s 1943 M&N Lyndhurst 3-5s 1937-57—J&J 78 Maple wood (Township)— 4s 1938-1967 J&D16 6 1.50 F Jan 1941 series G July 1941— 4s series H July 1942 4s series I July 1943 4 Ms series A of '27 s to 3.10 6 \ J&D 6 2.25 F&A 6 4.00 to 4.20 2.30 to 2.15 _s .s 1.70 6 0.75 1 3*60 63.80 to O July 1939 D Jan 1940 4 Ms 0 of '20 Jan s D of '20 Jan s E of '20 July s F of '20 Jan to 2.40 to 4.75 % 4.50 4.25 3.80 to to 2.15 Highway Extension— to 2.15 to to 6 1.10 6 1.00 J&J 6 2.25 to 6 2.25 6 1.10 Bonds— 4.00 6 6 4.20 6 2.25 6 2.50 Bridge bonds— 4 Ms Series A July 1938 4 Ms Series B July 1939 s series O Jan 1940 s Series D July 1940 s series E Jan 1941 3.75 M&S / Flat price, 6 0.95 6 0.60 4 Ms Sch . M&S A&O M&N Joplin (School District)— 4Mb 1943-1948 95 —— 4Ms 1938-1966 J&D 5 Ms Water 1938-1963-M&S Gloucester Co— NEW JERSEY 6 4.00 100 J&J 1938-1950 J&J 1937-1950 J&J15 1949 J&D Road 1938-1952. _J&J Court h'se *38-'52 J&J b Basis. 4s 1945-1970 Camden Co— 4 Ms 1937-1970 to 1.04 Kearney— 4.25 A&O Jackson County— 4s 1937-1951 4 Ms 97 5s July 281937-1960 6 1.50 5s, 1944 95 J&J Glen Ridge— 4 Ms Mun Bldg 1937-70 F&A 6 1.25 Gloucester City— 4.25 4.50 4 Ms Road 1938-1942 4 Mb to 3.25 98 ——J&j . 4.25 MISSOURI 4Mb 4Mb 100 4 Ms 1938-1960 4s Hospit * :ospitall946 4.25 4.50 4.50 4.50 6 6 6 6 4mt Road 194&-1950-..m&s 4Mb 1937 A&O 4Mb „ —F&A 1942-1969 Essex Fells (Boro)— 4.25 . ':S^V J&J 6 0.95 J&D 6 0.95 1938 4Mb 1942 J&D 4Mb *38. '40 *42, '44.M&N Keene 4 Ms 1938-1942—_M&N Manchester— 1 4s 1938-1940 M&S 4s 1941-1945 M&S 5.75 7.75 s 3s Building 1939-1941 Buchanan County— Ret 3s 1943-1956 to 4.10 1938-1972-'---J&J Concord— . 3s Road 1963-1957 3.30 % 3?80 Highway 1937-1943—M&S 4 Ms Highway 1937-1943.J&D 3.50 is Flood 4a Nov 1 1948-1952 3Us 1948-1952 to , 4s 1944-1948 i . HAMPSHIRE July 1937-1948 3.50 Road 5Ms 1937-1961 to 3 40 4Ms Wat wks Dec 15 *41 J&J 62 00 4Mb May 1 1956 M&N 6 3 30 5s 1948 J&D 6 3.40 Omaha SD 4Ms Mayl'55M&N 6 3.30 York School District— 3.80 4Mb 1943-1946 f to 4.00 4Ms to 2 .40 to 6 2.59 Lincoln School District— 4 Ms 1928-1953 M&N 61.25 McCook Fund 5s '37-43.F&A 61.80 North Platte Sch Dist— 4MB 1937-1959 J&J 6 2.00 Omaha— 3.80 4s 6 1.00 4s 1944 1968 Cape May— 4Ms School 1938-1951-M&S 77 2 40 Cape May Co— 5s 1938-1940— 1——M&S 100 j Delaware River Joint Com. % % Phila-Camden Bridge— 4 Ms 1938-1945 6 1 85 112 4 Ms 1946-1973 East Orange— % 4 Ms 1938-1969 J&D 6 1.25 5s Sewer 1938-1960 J&J 6 1.75 3 School 1938-1974—A&O 6 1.50 Elizabeth— 4Mb 1938-1957 —A&O 6 1.50 5Ms Dec 1 1937-1946.J&D 6 1.50 6s 6 1.75 Englewood— 5s 1938-1944 A&O 6 1.25 Essex County— to 3.50 4Ms 1937-1955 1.75 1.50 Fair view 6 J&J 6 4s 1943-1947 to 4 Ms Water '38 to '60-M&N i NEBRASKA M&s'6 4Mb 1938 & 1939 to 3.60 Jersey City— Impt 1938-1946May 1 1939-50 Impt 1953 s to 3.60 b 1.25 Camden— Great Falls-— NEW a b 1.25 b 1.50 „ Highway debentures— l 91:4 2.25 J&D 6 2.50 Bridgeton (City)— 4Mb 1937-1958 i MISSISSIPI a to J&D 4 Ms 1938-1946 — 6 Holdrege 8 D 5s 1938-55.J&D to 2.20 biOoCJI 0 0 b 1.25 4!50 4.25 to 3 .75 to 3.75 _ 6 2 Beatrice S D 5s 1938-54..F&A 6 1.70 Douglas County— 5s Highway 1937~46-*A&0 6 100 to 2.25 to to 4.25 to % to 2.30 % bldg M&N J&J15 99 6 2.50 Bound Brook 4 Mb *38-'42 J&D 6 2.25 „ 6 1, ,00 MONTANA % 3.20 % 3.25 J&J 3.00 6 1 ,00 A&O & impt -.—M&N 94 v , 2.40 to 2.75 July 1 1951 2.75 6 1 ,60 A&O 62 .25 F&A 6 1 .90 67 80 11937-1944 2.75 F&A 6 1. 00 75 4 Ms Bridge 1938-57—A&O Audubon (Boro)— Bergen Co— 5Ms Dec 1 1937-1942.J&D 2.60 5Ms Dec 15 1937-60-J&D15 5s Dec 15 2.00 1937-1955. J&D15 to 2.70 % 4 Ms 1938-1939 A&O to 2.70 % tl,4s Court Hse 1938—-A&O Bloomfield— 4 Ms 1937 to 1969—-J&D 15 to 2 % Bogota— Y to 1.90 4Mb 1938-1943.. 4Mb 1942-1949 1 to 2.50 4Mb W W 193842 A&O 5s School July 1 1951-J&J 5s Gen'l impt 1938 32.-J&J 4Mb Sewer July 1 '43—J&J 4Mb 1938-1959 J&J 4s 1938-1939 A&O 4s 1940-1061 A&O to to 2.75 2.25 J&O 6 2.00 A&O 6 1.00 6 1.00 1.90s Oct 1 1937-46—A&O Public to 2.10 M&S 6 1.00 Ramsey County— :y 4*s 1937-1950 F&A 6 0.75 4 Ms Rd & Bdge *38-'44M&N 6 1.00 4Mb Rd & Bdge '38-'43 J&D 6 1.00 St Paul— 6s school to 2.50 62 00 M&N 6 1 90 M&N 62 .25 & impt 66 8 D 4Ms 1938-55 M&S Bayonne—5s 1938-1949.J&J 4 Ms 1937-1955 F&A 4Mb School 1937-66—F&A Belleville 5s 1937 & '44.M&N Belleville S D 5s '37-'44 M&N 3.50 University City— 2.60 % 2.25 % to 6 1 .90 61 00 82 ^ to2.10 % to 1.40 Springfield 4 Mb '38-*49—M&N % to to 3.50 -J&J 3s School 1940-54 3s Refunding 1952 6s Bridge 193840 M&N 6 1.00 to 2-25 % 5 Ma Bridge 193840-M&N 6 1.00 to 2.25 % 4Ms Sanitorium '37-42 J&J 6 1.00 to 2.25 % 2s 1938-1946 bldg I'oo Hennepin County— 2Mb 1938-1947 2.20s 1942-1959 Public 1.90 2s Rural Credit ctfs 1942 Duluth— to 3.10 82 J 77 M&N / 77 2M-4Ms Jan 1973 Water 3-4Ms Jan 1973- 6s July F&A M&N m&n M&N 4s 1938-1940 4s 1941-1945 to 2.40 .50 61 .00 . M&N Atlantic County— to bldg & Public 4Mb 1940-1953 4Mb 1937-1948 4mb 1941-1948 2.20 to 3.60 6 J&J 1938-1943 4MB 1938-1939 MINNESOTA 8Mb July 151943 J&J 4Mb Dec 11939 J&D 2M trunk h'way '47-51—M&N 6 2.25 1.858RuralCreditctfsl941 6 1 .00 6 1 .00 Joseph S D 4s 1940 St 2.50 to 2.50 4Mb Airport April 1 1948— 1.90 to3J)0 % to 3.00 61 .00 5s 1941 impt Covert roads....... Voted bonds to 3.75 % 3Ms 1941-1951 J&J 6 2 2Mb 1945-1955.-------J&J 6 2. St Charles County 3 Mb toll bridge series A.-Jiily 15 '56 St Joseph 4Mb 1938-*45--M&S 6 1.00 Refunding 4Mb May 11951 Wayne County— m 1938-1950 4^s 1946 J&D 6 1.00 1938-1946 Muskegon 4Mb 1938-44..J&J 6 2.25 Muskegon S D 5s 1942—.July 6 3.00 6 1.00 6 1 .00 6 1 .00 3.60 to 3.50 J&J J&J —J&J J&J 4Mb 1940-1950 Lansing— 4 Ms 1950- 6 2MB 1956-1975 Kansas City S D— 6 2.00 Asbury Park (City)— 1.75 4Mb 1937-1953 1.75 .4MB 1938-1970 1.90 Atlantic City— M&S 6 .95 A&O 63 .00 1954-1975 To Net or To 3.40 % 3.40 % to 3.75 to 3.60 ho % STATE AND MUNICIPAL BONDS 96 Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Yield Basis or , New Brunswick— „ Ms 1937-1957 F&A 6 2.00 4MsSch&wat '38-169-J&D 6 2.00 4 >48 1937-1967 J&D 6 2.00 4 Ask Nutley (School District)-— 4 Ms 1938-1942 F&A 434 s 1943-1967 F&A 536s Nov 15 1937-39-M&N Ocean Oity—5s 1944—--F&A 4Mb Impt May 16 1938--56Ocean Co 4 Ms 1938-*50-J&D to 3.15 to 6 2.00 to 2.75 434s 98 6 3.25 J&J J&D 1937-1968 4.10 98 634s General improvement 1937-1951 -J&D 6 2.50 5s Impt 1938-1948—M&N 6 2.50 434 s Refunding 1944--M&N 4Mb Water 1939-1970—J&J 6 1.75 Passaic County— 4 Ms 1937-1946 86 82 6 3.25 to 4.50 to 3 90 3.50 to 4.25 to 3.75 6 1.50 6 1.50 to 3.75 M&N 6 2.00 F&A A&O 6~2.00 1937-1959 Feb 1 1945 434s 1937-1967 Perth Amboy— 4348 April 1944 4 Ms Water 1938-64—M&S2 96 6 99 6 99 454s School 1938-1960-A&O 6s Feb 1938-1977 F&A 6100 Plainfield 4s School 1959 M&N 4 Ms 1937-1962 Various.J&J 6 1.25 to 4.30 to 4.20 Red Bank (Borough)— 434s 1937-1953 M&N Ridge wood 434s 1938-62.M&N 5Ma 1937-1939-_-J&J 434s 1938-1968 M&N Sea Isle City 5s 1942 F&A Somerset County— 4 Ms 1938-1949 J&D 434s 1937-1952 J&J South Jersey Port District— , % Marine to 3.30 to 3.40 6 1.50 to 3.50 6 1.25 95 A&O J&J 6 1.25 1.50 M&S 1.25 J&D 1.25 J&D to 2.35 to 1.25 6*1.25 to 3.50 J&D 6 3.60 J&J 6 1.00 M&N 6 1.00 to 3.50 3.40 98 3.20 to 3.25 to Authority— 4s to 2.75 to 4.00 3.50 to 3.40 to 3.40 4s Various May 4s Nov 1958 to 2.90 to 2.80 4s to 3.40 4s 6 1.25 6 1.25 to 3.40 6 1.25 to 2.90 to 2.80 to 2.60 to 2.60 M&S 6 1.00 M&S to 2.70 City Hall 1939 J&D Union City 434s 1937-'64.J&D 6 "2.50 to 3.80 to 3.80 to 3.75 to 3.35 to 1.50 to 4.50 1.25 61.00 to 2.70 6 1.00 to 2.60 6 1.25 to 2.25 4.20s 1937-1945 M&N 6 1.25 4.20s sever 1946-60--M&N 6 2.85 to 2.90 6 3.00 to 4.65 88 93 6 2.50 to 4.25 61.50 6 1.50 to 3.60 to to 2.75 to 3.00 434s 1938-1980 F&A 6 2.00 Haverstraw 4.12s 1937—M&S to 4.60 to 5.00 NEW MEXICO 6s Highway 1938-1940—J&J 6 3.25 634s Highway 1938-1940-J&J 6 3.25 434s Dec 16 1952 opt *22.J&D 99 4s Fund 1939 99 opt 1919—M&S 3 Ms H'wy deb 46-'47—M&N 6 3.00 3 Ms H'w'y deb ,48-,49—M&N 99 3s Jan 1 & July 11949-1952— 98 2Ms H way deb 1944-45-M&S 6 3.00 Albuquer que— 5s Water Works 1962—J&D 108 434s 1937-1950— J&J 6 4.25 4 Ms 1937-1950 J&J 6 4.25 Middle Rio Grande Conser Dist 534s 1937-73 F&A 63 Socorro Co 5s 1941 op '21.A&0 95 . 100 2.75 % 112 3.60 3.60 68 98 NEW YORK 6s Jan & Mar 11938-1945— 5s Jan & Mar 1946-1970 6 0.75 to 2.25 6 2.30 Highway 1963 M&S 6 2.80 Canal 1964-.—-—J&J 6 2.80 to 2.90 434S 434s 4Ms Canal 1965 ..—J&J 6 2.75 4Mb Highway 1965 M&S 6 2.75 4Ms Barge Canal 1945—J&J 6 2.20 4 Ms Bonus 1938-1939 A&O 6 0.75 4 Ms Bonus 1940-1949 A&O 6 1.50 4s Canal Term 1942 J&J 6 2.00 4s Canal Term Jan 1946.. J&J 6 2.25 4s g High Imp Mar 1958.M&S 6 2.65 4s g High Imp Sept 1958.M&S 6 2.65 4s High Imp Mar I960- - M&S 6 2.70 4b Canal Imp July 1960—J& J 4s Canal Imp Jan 1961 J&J 4s Canal Imp July 1961—J& J 4s Highw Imp Mar '61—M&S 4s Palisade Park 1961.—M&S 4s Canal Jan 1962 J&J 6 2.70 6 2.20 4s Highw Imp Mar *62. .M&S 4s due Sept 1 1965.. .... 48 due Jan 1 1966 4s Canal Imp Jan 1967—J&J 4s Highw Imp Mar '67-.M&S 4s Palisades Park 1967—M&S 6 2.70 6 2.70 6 2.70 6 2.70 6 2.70 6 2.70 6 2.70 6 2.70 6 2.70 6 2.70 6 0.60 2.70 / Flat price. 6 0.75 4.70s 1937-1965 J&J 6 1.25 Jamestown— 4s Mar 20 1943 4Mb 1938-1940 to 3.50 3.75 to 4.50 Kings Co 4s May 1 1938-'44._ Kingston— 2.70s June 1,1938-1944 Lackawanna 4 Ms '37-54M&N Lockport— 4 Ms 1943-1949 —— 434s Sch 1938-1944 M&S 4.40s 1943-1949 M&S 5s 1938-1942 -M&S Long Beach 5Ms '38-'60-M&N 1937-1940 1941-1960 J&D —J&D " to 2.90 to 3.00 6 1.00 to 2.25 6 2.75 to to 1.25 4Ms 1937-1939 „ 104 .ii.— 6 1.50 6 3.20 to 3.25 6 to 2.75 if 101M 102 M 6 2.90 to 3.00 97 H 6 1.00 to® 6 2.25 to 3.10 6 3.10 to 3.30 6 1.25 to 2.90 6 2.25 to 1.75 2.85 to 2.85 6 3.15 to 6 2.10 to 2.60 6 1.60 to 2.60 to 3.35 3.30 to 2.60 to 6 1.25 6 1.50 M&S 6*1.2*5* 6 1.75 6 1.25 6 1.00 100 % 3.20 to 3.60 to 2.60 to 1.75 to 2.60 to 3.30 90 ""§5"" to 4.00 % 3.75 % 2.75 to 3.80 % to 3*00 to to 2.85 to 2.35 6 2.75 to 3.40 6 0.75 6 0.75 to 1.25 2.50 to 2.65 to 3.40 104M 10536 110M 3.00 1938-1959 M&S 4s Imp Sch &c '38-'47-J&J 2 Ms 1938-1957 M&S 1 Ms 1937-1940 A&O Rockland Co— to 3.00 to 2.70 4 Ms to 1.45 to 2.60 to 3*56 to 2.60 to 2.75 to 2.75 Inland Terminal— 4 Ms ser D '38-'41—M&S 61.50 is ser D '42-'60—M&S 108 ind Tunnel— 1.10 -Ms ser E '38-'41—-M&S 4 Ms ser E '42-'60—M&S 111M Putnam Co 4 Ms '38-'51_A&0 6 1.20 4s 1938-1954F&A 6 1.20 Rensselaer County— 1.00 4Ms Highway 1937-58-F&A Rochester 5s '38-'62 1.20 F&A 4Ms Pub Imp '37-'58-F&A 6 0.75 4 Ms to 3.00 to 2.75 9? to 2.60 108 M Gen & ref 3 Ms Dec 1.1965. Gen & ref 3 Ms May 1,1976 Gen & ref 3s Dec 151976— Bayonne Bridge— „ 90 85 % 105 4s Ser O 1939 to *53 J&J 3 Par —-J&J M&S 100, George Washington Bridge4Ms Ser B *40to '53.M&N % '0 .60 M&S 106M to 3.15 107 M 103 M 101 98 M Gen & ref 4s May 1,1975— _ County— (T) Un Fr Sch Dist No 1 4.60s 1944-1966 3.20 1.50 Nassau 106 M 106 F&A 6 1.25 Poughkeepsie 4 Ms '38-52 J&D 4s School 1937>59 M&S Port Jervis 4Mb '38-'69 —J&J Port of N Y Authority— 1950-55—M&N 2Mb 1937 to 1956 3s 1937 to 1946 3.15 3.15 3.15 105 No Hempstead S D No 7— 4 Ms 1938-1942 J&D 6 1.50 North Tarrytown— 4M8 Water 1937-45..A&O 6 2.00 4 Ms Water 1946-64--A&O 6 3.25 Pelham to 2.75 MslSchool 1962-73-.M&N 5s Jan 2 1938 to Oswego—5 Ms 1938-46-M&N 61.25 to 2.85 OyBter Bay Wat Dist— 4s 1937-1950 ..J&J 6 1.00 to 2.90 % to 3.40 . 1938-1941—A&O 6 3.30 to to 3.60 3.60 % Mtneola (V) 4.40s 1937-68 J&J 6 1.00 Monroe Co 4s 1938-44—F&A 6 1.00 3.90s Co Bldg '38-'50—F&A 6 1.25 1 Ms Jan 15 193842—J&J 6 0.40 5 Ms 104M to 1.90 to 2.00 to 4Ms Water 1938-1969-A&0 6 1.25 6 2.25 4s Sewerage 1937-1960 105 3.15 2.75 to 2.56 3.90s 1937-1939 J&J 3.90s 1940-1964 J&J 6 2.90 Marine Parkway Authority— 101 Sk fd 4 Ms ser A I960.J&D Middleport 4.35s '38-'42.J&D 6 2.50 4.35s Sewer '38-'39 J&D 6 2.50 „ M&N 105 3.35 % 110,c to 3.40 to 3.65 to to 2.40 A&O . to to 2.80 3.20 100 6 2.00 Mount Vernon— 4 Ms 1938-1943 112 3.70s 1938-1951 A&O 61.25 Ontario Co 4s '38-'51— M&N 6 1.25 1.25 Ossining4Ms 1937-42 M&S to 3.40 to Par 112 to to 3.60 to 3.30 6 3.40 Jamestown S D 5s '37-'39 J&D Johnstown 434s Dec 1937—. 4 111M 111 110M 4 Ms 1947-72 J&J 6 3.25 Oneida 4s Water '40-'45..J&J 6 2.10 4Mb Water 1938-39 J&J 6 1.25 Onondaga Co, 4 Ms '37-47A&O 6 1.25 Ref 1.90s 1938-57 F&A 61.25 A&015 to 1.25 2.55 2.55 2.60 2.60 2.60 2.60 2.60 2.60 2.60 2.60 2.60 2.60 2.60 2.60 2.60 to 1.25 110M 110M J&J 6 0.75 4 Ms 2.10 1.80 2.15 114 111 2s Mar 1 1939-1949.... A&O " 2.70 114M 109 109 M&N Niagara Falls S D to to 3.20 113 M&N 331s 1942-1945 to 2.85 to Huntington (T) 4s '38-'52_J&J 6 1.25 Islip 4s 1938-1951— M&S 6 1.75 Ithaca—434s Water 1942 J&J 434s 1940-1954 J&J 6*2.40* 2.65 2.65 4sBldgconstr 1937-1939 M&S 4s Bldg constr '40-'49—M&S 6 1.50 to 2.45 4s Apr 15 1940-1955....A&O 6 1.50 to 2.50 334s Mar 15 '38-'39-M&S 15 J&J 61.75 Hempstead Un F S D No 1— 6s 1938-1954 M&S 6 1.50 50 Hornell 434s 1937-1947-F&A 6 1.25 Hudson Riv Regulating Dist— 434s 1937-1965 J&J 6 1.25 2.75 2.75 100 100 to 3.20 % 101 to 3.00 *4;201:00 Hempstead (T)434s'38-59 A&O 6*1.50 Hempstead 434s 1937-65 M&S 6 1.50 3.40 2.30s 19384>7 6 2.75 6 3.00 to 3.15 M&N 6 1.50 4.40s 1938-1950 M&N 6 1.25 Garden City 4Ms 1937-52.J&J 6 1.25 Greenbureh (T)— 4s 1938-1951 J&J 6 2.00 Green burgh U S Sch Dist No 9 4.40s 1938-1965 J&D 6 2.002 Groton 6s Wat '38-'50~M&N 6 2.00, Harrison (T) to 3.10 6 1.25 1957-M&N - to 3.40 Freeport— A&O Union Township Sch Dist— 434s 1937-1968 J&J Ventnor City-5 Ms Mun Bldg *38-'58-A&0 Vlneland (Boro)—534s 1938-1950 M&S Westfield 5s June 15 1938-60 J&D 4 Ms 1938-1966 A&O West New York— 4348 Oct 1 1937-1968—A&O 5s School 1938-61 M&N West Orange (T) 6s '38.M&S 6 3.10 2.10 4 Ms 1938-1951 434s Oct 15 1937-52 Rd&Bdge '38-'47 -F&A to 4s 1945-1953 M&S 2.90 March 1, 1938- 1947-Essex Co 4s 1937-1956—.M&S Franklin Co 434s '38-'40.M&S to 3.90 Union County— 6s March 15 1938.M&S 15 * to 3.40 Water 1937-45-A&O 6 0.75 Erie County 4 Ms 1938 J&D 6 1.10 4 Ms 1939-1959 J&D 6 2.00 to 4.25 -M&N M&N exempt 1953 M&N 3 Ms g exempt 1954 M&N 3 Ms g Water ex 1954. M&N 3 Ms exempt 1955 M&N 3 Ms stock Apr 1,1954-A&O 3 Ms Corp stock Mar 1,1960 3 Ms Corp stock Jan 15,1976 3 3is Corp stock July 1, '753s Rap Trans 1947-51 -F&A 3s corp stock Jan 1 1977 J&J 2 Ms Serial 1938-46—F&A Niagara Falls— 5 Ms 1941-48 M&N 4.15s Sewer 1965-70-M&N 4.10% Sewer 1938-50-J&J 4Ms Wat May 1 '41-48M&N 4Ms Sew '39-'46 reg-M&N 3.95 Nov 1,1961-70-M&N to 2.50 F&A 6 1.25 to 3.60 114M 6 2.25 3 Ms exempt 1942 M&N 3 Ms R T 1948-1950--M&N 6 3.30 3 Ms g exempt 1952...M&N 6 3.30 6 3.30 3 Ms to 2.90 434s to 3.20 6 2.50 to 3.65 to 3.00 3 Ms Corp stock July 1 '75— . 109 3 Ms Corp stock 1939-54— £ 1.70 6 2.15 3 Ms g exempt 1941 M&N to 3.10 Elmira— to 2.85 6 3.10 6 1.75 g 1938-1946 1947-1954 2.50 to 3.65 6 0.75 4s May 1959 4s serial 1937-1963 Dutchess Co— to 3.30 to 6 1.75 6 1.75 A&O M&N May. 1977 4s Nov 1955 4s Various 1956 to 434s 1938-1959 A&O 6 1.00 Corning 534s 1938-60 M&S 6 1.00 Cortland Co 434s '37-*51.J&J 6 1.00 Delaware Co 4.20s '38-'62A&0 6 1.00 100 to 3.00 _ - 4s July 1,1937-1956 4s Oct 1,1980 to 3.50 J&J 6 2.75 334s 1940-1964 J&D 6 2.70 3.40s Nov 15 '37-'55-_M&N 6 1.00 3.10s Oct 15 1937-46.A&0 6 1.00 2.60% Relief 1937-45-J&J 6 1.00 234s Oct 15 1937-56.-A&O 6 1.00 2.20s Jan 15 1938-47—J&J 61.20 Columbia County— 4s to 3.40 4s 1940-1964 „ 6 Basis. 1937-1958 J&J A&O 3.00 3.00 to 2.60 to 3.10 to 3.25 to 2.70 .Vft ill* 3.20 ..J&D 15 6 3.40 M&N 6 1.00 434s 1938-1958 534s 1938-1951 A&O 6 2.00 5s School 1938-1955—A&O 6 2.00 1.75 4Ms 1938-1966 F&A 4 Ms 1938-1960 1.75 F&A 4s Oct 11942 to 3.50 0.75 to 2.60 6 0.75 to 2.10 —var. 6 East Chester 434s School 1941——F&A 4Ms Imp & sch ,37-,60-J&D Sussex Co 4Ms '37-'44 M&S 4s Impt 1938-1955—M&N Tenafly 4Mb 1938-1963.F&A 43ls to 2.30 Sewer to 2.50 94 to 2.80 to 2.75 5s 1938-1950 4 Ms 1938 &• to City— 4Ms 4MB 4Ms 4Mb 4Mb 4 Ms 4 Ms 4Mb 4Mb 4Mb is 2.85 to 6 0.75 434s 1938-1964 „ 6 1.50 6 1.75 to 2.50 6 0.75 6 0.75 4s Terminal— 4 Ms 1937-1973 South Orange— 4s 1937 to 1944 6s 1938-1962 4 Ms 1938-1969 4MB 1938-1968 Summit— Trenton— 4.25 6 1.50 to 1.75 1.00 2.80 120 June 1965.....-J&D 113M 119 1963 -M&S 118 118 May. 1957 M&N 117 118 Nov 1957 M&N 117 124 Dec 1, 1979 J&D 122 120 M Corp stock 1967--J&J 119 122 Corp stk 1971 J&D 15 120 6 0.75 to 3.25 July 1,1937 to 1955— Jan 1, 1977 J&J 117 M 118M 6 0.75 to 1.70 Sch & Var '37-39-J&D 115 1960 M&S 114 s Mar 1, 1962 M&S 114M '115M 114M s Mar 1, 1964 115M M&S s April 1,1966 A&O 115M 11636 116M 1173! 4Mb Apr 15,1972 A&015 117M 4Ms Rap Tr & Wat '74 J&D to 3.40 4Mb Feb 15. *41-'66-F&A15 % 118M 4Mb Feb 15,1976—F&A15 119 4Mb Nov 15,1978 M&N15 4Mb Mar 1, 1981 M&S 119M 119M 6 0.75 to 3.20 4s Corp stock 1937-55 to 2.90 6 0.75 M&N 434s 1938-1967 4s June 151960 to 3.70 to 1.00 to 2.75 £4 si937-1945 M&N M&N M&N M&N 4Mb 1938-1944 4 Ms 1945-1965— 4 Ms 1938-1963 New York 0.75 1.50 534s 1944 3.20 6 3.00 to 1.90 to 2.00 Buffalo— to 3.40 6 2.00 6 1.25 1.80 2s Mar 11938-1956 to95 to97 Bah way— 4 34si937-1953 J&D Ramsey 5s Water 1937-1940— 1.90 to to New Rochelle— 5s 1938-1950 0.60 1.95 Binghamton 434s Oct 1 1937-71— to 95 Newburgh— 4s Wat Impt 1942-63—J&J 6 2.60 4Ms Wat Impt 1937-41.J&J 6 1.25 1.90 2% 1937-1955 0.75 M&N Albany Port District— 4s 1937-1972........ M&N 6 0.75 to 3.30 2 4 Ms to 2.05 Albany County— 4Ms 1938-1960 M&S 3 Ms Fund 1938-1941. M&N 2 Ms refunding 1938-57.J&J Albany (City of) 434 1937-1969 M&N 4M 1937-1970 J&D 4s Munic & Sch '38-'63_J&J 334 1938-1971 J&D to 4.50 J&D 6 1.00 J&J J&J J&J 6 2.75 3s 1938-50 F&A 6 1.00 3.40s July 1 1941-45—J&J 6 2.30 6 2.75 2Ms 1946-1956 2 Ms 1938-57 F&A 61.00 3 Ms 1951-1981 3s July 1 1940-64 to 2.35 to County (Concluded)—- 4s 1938-1947 117 0.60 Ask 3 Ms 1944-1950- to 2.75 6 0.70 1 Ms Sept 10 1944-1946 to Nassau 117 6 0.70 Bid Bonds 6 1.50 to 2.80 6 0.75 to 1.25 6 1.50 to 2.75 117 115 117 115 115 115 6 0.75 To Net or Ask Bid 2 Pater son— 5348 Bonds 334s Mar 15 40-'81—M&S 15 3Ms Mar 15 38-'39—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 3sg Canal Jan 1 1959.-J&J 3s Canal 1957-59 J&J 3s Mar 25 1938-1987 M&S Unemployment Relief— 2Mb July 6 1938-1947.-J&J General State Improvement— 2 Ms July 6 1938-1962..J&J 134s Sept 10 '37-46—M&S 10 Emerg Unem; " 3.85 4.00 to 3.90 to 6 2.00 *^43$? Sewer 1937-1964. A&O, 6 2.00 P^34sCl938-1940 M&S 6 2.50 1 Net to North Arlington (Borough) 6s Sewer fund 1937-47—J&J / 75 80 North Bergen ref 4s-4Ms Yield Basis Yield Basis To or Bid Bonds 1937-'38 (reg)_F&. 4ms 1938-1946 M&S Rockville Centre (V)— 4.15s 1937-1952 J&D Rome 5 3is 1938-1941 A&O Rye (V) 5s Mar 10 '38-'38M&S Rye & Har'son Un Fr S D No 6 4.40s 1937-1953 F&A Saranac Lake 4.45s'38-39 F&A 104 M 101M 99 M 11136 to 2.20 % 109 M to 2.50 112M 3.00 to 3.00 to to 3.10 to 3.10 to 2.90 6 1.00 to 6 1.00 6 1.00 to 2.40 6 0.75 to 1.70 6 1.00 to 1.30 6 1.00 to 2.60 61.25 6 1.20 to 6 1.25 to 1.75 6 1.50 6 1.50 to 3.40 Saratoga Co 5s 1938-'40-F&A 6 1.00 4 Ms 1937-1955 M&S 6 1.00 4s Sept 1 1945-1954 M&S 6 2.25 2.90 to 2.50 3.35 to 2.10 to 2.50 to to 2.00 2.75 to 2.60 % July, 1937] state and municipal bonds Quotations for all securities are as near as Yield Basis Bid Saratoga Springs— 4Ms Park 1938-40—-A&O Scarsdale 4Mb 1938-45--J&D Schenectady— . Ask to 2.00 2.50 to 5s Bridge to 2.75 A&O 6 0.50 6 2.25 to ^ 2.75 2.50 to 4.00 to 2.20% 6 0.75 6 0.50 1938-1957 2s 1938-1956 lMs 1938-1946 Triborough Bridge— 2.80 to 2.50 to 2.25 to 2.25 to 2.50 6 0.75 6 0.60 6 1.00 0.75 to 3.20 to to to to to to to to V 4Mb July 1951 & *55 4Ms Jan 1957 Fargo 4s Aug 15 1937-54 6 1.00 OHIO to 3.00 4Mb Pub Imp *37-,45-J&J15 6 0.50 4.20s 1938-1949 P&A 6 0.75 4.15s 1938-1950 M&N 6 0.75 4.10s to 2.25 to 2.50 A&O 6 0.75 P&A 6 0.75 3Ms May 15 '38-*51—M&N 6 0.75 Warren Co 4Mb 1938-'50-P&A 6 0.75 ■} 0:;i ill to 2.50 to 2.75 4s May 1938 ^ to 3.00 2.00 4 Ms Bridge Rev J&J 6 0.75 J&D 6 2.00 5s June 1 1938-54 J&D 6 1.50 4ms San Sew '38-'82—-J&J 6 1.25 4Mb Parkway 1962-86-J&D 4Mb Co Bldg 1938-44—A&O 4ms *44, *45, '56 & '69 J&D 4s Co Bldg 1938-59—M&S 4s June 1 1959-1964—J&D 3Ms 1938-1951 J&D 3Ms 1952-1980 J&D 3 Ms 1938-1951 J&D 3 Ms 1952-1963 J&D White Plains— 4 Ms 1938-1959 (reg) M&S 3.90s 1938-1954 P&A 2Mb Sept 1 1943-49 Wolcott 4Ms Jly 15'37-'42J&J Yonkers— 6s Feb 1 1938-1952 A&O 6 6 6 6 to 3.75 to 4.00 to 4.00 to 2.75 to 3.30 6 1.50 to 2.85 6 2.85 to 3.20 to 3.40 to 3.50 to 3.00 6 1.50 to 3.50 6 1.00 to 3.25 6 2.50 to 2.75 6 1.00 to 3.00 6 2.00 to 3.7 to 3.90 A&O 6 2.00 to 3.90 4Ms July 1 1937-62—.A&O 6 2.00 to 3.75 4MsMarl 1938-'50—A&O 6 2.00 to 3.60 4s 1938-1958 —P&A 3.30s April 1 1938-1956 3.10s Oct 1 1937-19642Mb gen & ref July 1 '43-*46 6 2.00 6 2.00 to 3.10 to 3.50 4M« Funding 1939—M&S/ 4 Ms 1938-1979 Durham— f3^s WW Imp to 3.35 to 2.80 34 to to 3.90 to 3.90 to 4.00 to 3.80 2.75 M&N 6 2.25 * ji 1 ' c > 1 \ N i s to 2.80 1.00 6 2.75 3.50 3.50 2.50 to 6 1.00 6 1.50 to 3.15 6 1.50 3.20 to 3.15 to 3.00 vg to 2.90 % 6 1.50 to 3.80 63.20 to 3.50 6 1.50 to 3.10 6 1.00 to 3.00 102 101 - 1944- J&D to 3.00 to 3.00 6 1.50 2.75 Highway 1938-1941 - - J&D to 2.75 i 4.75 3.50% 2.50% to 3.25 to to 2.00 J&J 38 38 3.00 to 2.75 to 3.30 3.00 2.60 to 3.10 1.00 to.2.20 1.002 to 1.75 2.00 Portland— 5s Harb Dev 1937-50-M&N 4Mb Dock 1943 M&N 4Ms Oct 1937-47 A&O 4Ms 1938-1960 M&N 4s Water 1938-1955—M&N 4s Water 1939-1958 J&J 4s Water 1940-1959—P&A Pt of Astoria 5s 2.75 1.00 to 2.60 1.00 to 3.40 2.60 to 3.00 1.50 1.75 2.00 Refg 1955. J&J / Pt of Coos Bay Harbor 5s— 2.40 1.00 1.00 to 3.00 to 3.40 to 3.10 to 3.10 .... pennsylvania 1 Ms Tax anticipation notes series "O T" May 311938— 0.85 Series O—J&J 131 135 Is Dec 1 1951 opt *37—J&D 100 m 101 _.Is 1939, 1944.1949 J&J 6 1.25 to 2.30 4s Highway Apr.11940, 1942, 1945; 1947. 1950. 1952.— 6 1.55 to 2.35 5s July 1 1951 Allegheny County— 4 Ms 1938-1962. 4Ms July 1937-1958- A&O 6 1.25 J&J 6 1.25 4s Bridge 1942 4s 1938-1958 P&A 6 2.20 M&S 6 1.25 2Ms Dec 1 1937-1965—J&D 6 1.00 2M Apr 1 1938-67 A&O 6 1.10 to to2!80 to 2.75 to Allentown— 4Ms Sewer 1939-59—J&D 6 1.25 Altoona— 4Mb Water 1938-60—M&S 6 2.00 Bethlehem School DLst— 4s 1940-45-50 Braddock 4Ms *38-'41—M&N Cambria Co 4Ms Nov 1 *37-'45 Chester 4s 1937 J&J 4 Ms 1937-1940 J&J Chester SD 4Mb 1938-42 J&D 2.95 to 2.90 to 3.00 to 3.10 6 1.80 6 1.50 to 2.60 6 2.00 to 2.80 61.90 6 2.00 6 2.00 to 2.50 to 2.80 1.75 to 2.60 Bridge 103 Phila-Oamden— 4 Ms Sept 1 '67 opt *41 113 115 2.60 Raston 2 Ms Water works— 1938-1966 —M&S 6 1.10 to 2.75 4 Ms 1937-1960 F&A 6 1.30 to 2.80 2.80 Erie S D 4s 1937-1938—F&A 6 2.00 1.75 to to 2.50 „4Ms Jan 1 1938-1946 6 1.60 Fayette County-— 4Ms Highway 1952—J&D to 2.75 Harrisburg— to 2.70 61.00 to 2.00 Too to 2.50 6 2.00 6 2.50 to 4.00 i' to 2.15 to 3.00 6 1.50 6 to 1.75 to 2.50 to 2.80 38 Certificates of deposit Eugene 5s 1942 M&S Multnomah Co— 4 Ms Bridge 1938-1944. J&D 4 Ms 1949-1956 F&A 4s Bridge 1945-1955 J&D 5s Road 1938-1939—-M&N Multnomah Co S D No. 1— 4Mb July 15 '37-'39-J&J15 4s July 15 *40-*45 J&J15 Del River Jt Co mm gen 1.00 2.00 1.00 1.00 1.00 38 A&O to 2.90 s, 2.50% to 3.15 6 1.00 6 1.00 ■ % % to 3.15 % mm % to 3.40 6 1.00 6 1.50 to 4.50 Conservancy DIst— 5Ms (1 to 5 yr mat'y)..J&D 6 1.00 to 2.50 5Ms (5 to 10 yr mat'y).J&D 6 2.50 to 3.00 (after 10 years) J&D »,f % to 3.70 6 1.00 Miami - I00 2.20 . i 2.60 3.00% 2.10 Certificates of deposit 5 Ms 1937-1949 M&S 3 Ohis municipal bonds issued since Jan. 1* 1913 are taxable, all bonds issued prior to *" 4s to 2.75 1937-1940 J&D2 &T.50 to 2.50 anoning Yal San DIst— 4Mb water 1937-52 A&O 6 1.50 to 8.40 Martin's Fy 5s '37-'44—M&S 6 1.50 to 3.09 to 4.30 to 3.85% Astoria 5s 1953 4 Ms F&A 6 4.00 J&J 6 2.75 4Mb 1937-1957 . 3.75 2.60 4Ms Sewer Oct 1 1937-'47— Lakewood— 4Ms 1937-1939 A&O 4Ms Oct 1945 A&O 5s Park & Imp '37-'41.A&0 Lima 6 Ms Sewer 1937-1947 5s Sewer Feb 11938-'51 F&A Lucas Co 4s C H1944—M&S to 3.00 to 3.90 to 3.60 3.60 4Mb 1938-1963 to 4.50 4 ms, 1938-1965 F&A 6 2.75 to 4.40 4s water Works 1954..J&J 6 4.10 8.90 Rof'g 3 Ms 1957-1962— J&J 95 93M Greenville 5s W W '58—F&A 4.60 4.40 Guilford County— < to —. i to 3.00 to 2.00 6 4.25 2mb May 15 1 938-1940 3 Ms May 15 1941-1945 4Ms H'way '38-'49 (s-a)-A&0 4s Highway 1937-1942..A&O 2.10 5s W W 1937-1946—J&J 6 1.00 Fostoria 5s W W '38-'40_M&S 6 1.50 Hamilton County— 4 Ms 1943 F&A 4 Ms Oct 11939 A&O 4.10 to 3.20 oregon imp 1937-43—A&O 6 1.00 Liverpool—4s 1940-J&J Elyria 4s 1937 to 1938—J&D 6 Too 4 Ms 1937-1952 M&S 6 1.00 4Mb 1937-1951 J&D 6 2.00 Forsyth Co 4ms '37-58-J&D 6 2.00 Granville Co 4Mb *39—M&N 6 3.25 • to 2.75 East 1937-1940 Greensboro— 5s Water 1942 6 1.50 A&O East Cleveland— 34 to 3.50 6 2.75 6 3.25 6 2.40 6 5.00 4Ms Aviation 1938-53-J&J 6s Feb 1 1938-1939 to 4.15 6 1.00 6 1.00 6 2 25 4Ms 3.30 to 3.00 to 4.10 M&S 5s W W Imp 1945 P&A 4Mb Bdge 1937-1951—M&S 4MB 1937-1940 M&S 4 Ms 1941-1961 M&S Dayton School DIst— 5 Mb 1941-1961 opt M&S 5s Mar 10 '38-'40 M&S10 to 99 J&J 6 2.00 1942 to 1966 6 3.00 Tater 1938 to 1945.J&J 6 2.25 Durham County— js to 4.10 6 3.75 Dayton— to 3.35 M&N 6 2.00 M&N 1.75 M&N 1.75 4Ms 1938-1970 to 3.80 4.40s 1956— - 3.30 to 3.35 us as A&O to 4.25 2Mb 1940-1959.. F&A 6 2.00 to 3.00 Columbus S D— 5s 1943-1952 —J&D 19 6 2.50 to 3.15 Cuyahoga County— 5s 1937-1939—.A&O 61.50 to 2.25 4 Ms 1937-1944 A&O 6 1.50 to 3.00 4 Ms 1937-1943 A&O 150 4 Ms Road 1937-1941 A&O &T.50 to 2.75 4sl937-1941 .A&O 61.50 to 2.75 to 3.60 NORTH CAROLINA 5s July 1961 .J&J 6 3.40 4Mb 1938-1962 J&J 61.50 4 Ms 1938-1968 A&O 1.25 4s 1938-1968 A&O 6 1.25 3 Ms 1940-45 A&O 2.00 2 Ms 1946-47-48 A&O 6 2.70 Asheville— 5s 1938-1969— ....J&j / 34m 5 Ms 1938-1957—....: .J&J f 5Ms 1938-1969 M&S/ 4Ms 1937-1965 M&N / 4Ms 1938-1962 A&O / Buncombe County— 5s 1938-1946 A&O. 34 6s Bridge 1937 Charlotte— 5 Ms 1937-1948 to 4.10 6 3.50 6 3.50 4s Wat W '45 opt *20--M&S to 3.60 6 2.00 6 2.00 to Tulsa— Cleveland— 5 Ms 1940-1970 J&D 5s W W 1938-1968 J&D 4 Ms Grad Cros'37-'54-A&0 4 Ms Fire Dep '38-'55—A&O 4Mb 1937-1950 M&S 4s Sewage 1937-58 M&S 3 Ms 1937-1956 A&O 2Ms 1938-1951 M&S 2Ms 1938-1951 M&S Cleveland Heights S D— 6s 1937-1959A&O Columbus— ,-v 6s 1949-1957 M&S 4 Ms 1938-1953 F&A 4 Ms 1937-1955 s-a—F&A to 3.25 2.50 1.50 6 3.40 6 1.25 6 3.00 to 3.40 5 Ms July 1946 F&A 6 3.75 5 Ms Wat & Pk '38-'49-P&A 3.75 5Ms 1938-1939F&A 6 2.75 5s 1938-1947 P&A 6 3.75 ^ to 2.00 % M&S 6 1.00 to 2.50 101 102 op '25—P&A 3 Ms Sept 1 1938-62 61.25 to 2.60 3s Water 1939 op '19.F&A 102 101 2 Ms Sept 1 193/ to 1950— 61.00 to 2.50 2 Ms Sept 1 1937 to 1976- 61.90 to 2.50 Jindnnati (School DIst)— 4s 1937 102 opt 1906 M&S 101 3 Ms 1940 opt 1912—A&O 102 101 to 3.65 3.60 1.25 5Ms Jan 1938-1961—A&O 6 2.00 5s 1938-1961 Oklahoma City— 5 Ms 1937-1940 J&D 5s Water 1938-'47 M&S 4mb Water Works 1941 J&J Okmulgee 5s Mar 15 1943 - Westchester County— 5s 1939-1976 to 3.30 to 3.25 to 3.25 OKLAHOMA J&D 4 Ms Sewer 1955 to 2.00 5s 1937-1944. 3.70 —-M&S 4Mb Sew Sept31937 4s 1937-1950. 3 Ms Water '45 '67-M&8 6 3.00 M&S 6 1.50 —...M&S 3.70 Imp Feb '46-'51-P&A 6"2.60 July 1 1965 J&J 4 Ms July 1943 J&J to 2.50 to 2.25 A&O 6 1.50 4Ms 1937-1956 A&O 6 1.50 Youngstown— 6s Bdge 1937-41 ——A&O 6 1.50 4Mb 1937-1957 A&O 6 1.50 Youngstown School DIst— 3.75 5 Ms 5s M&N 1.50s 1938-1946 Thousand Islands— to 4.10 (See footnote ♦) Cincinnati— 5 Ms 1941 to 3.00 J&J J&J 6 0.75 J&J 6 0.50 {b 1942 fc 1938-1953 L937-1945 Toledo School DIst— 4 Ms 1937-1959 J&J 6s Water 1944-1959—A&O 6 3.00 Canton School DIst— 5s 1954 A&O 4Mb Dec 5 1939-42 J&D 6 2.00 to 2.25 to 2.50 5Ms highway 1938-*53.P&A 6 1.00 Warsaw Union Fr S D No 10— 4Mb 1937-1942 Oct 6 1.00 Water town— 1937-1954 M&S15 6 1.50 1938-1953 M&S 6 2.00 4 Ms Nov 1 1937-1953 6 1.50 4sTark Juiyl 1942—.J&J J&J 6 1.00 5s Sewer 1953 5 Ms Fund 1937 to 2.50 1938-1946 1938-1948 M&S 4 Ms 4 Ms Muskogee— 4Ms 1937-1947— A&O 4 Ms 1937-1952 A&O 4 Ms 1938-1956 A&O 4s Water Works 1942_ A&O Allen Co 5 Ms 1938-50—A&O Ashland 5 Ms 1937-44—A&O O&ntoit*"—• " to 2.50 to 3.00 3.65 3.70 Akron 6s 1937-1940 A&O 6 3.50 5 Ms 1938-1951 J&J 6 3.75 5s Water 1937-1953—A&O 6 2.00 to 2.75 to 3.00 6 1.50 Zanesvllle—5s City Hall & Market 1937-1939 M&S 6 1.00 Zanesvllle S D 5s '37-43-A&O 6 1.00 to 3.90 3.10 to to 2.25 5s W W 1937-1944—-F&A 6 1.50 6s Pub Wharf 1960 M&S 5s Sewer 1949 6 3.75 58 May1938 3.75 6 0.75 6 0.75 1937-1940-'——J; "A&O T»1edo— „ to 3.90 3.00 4 Ms Oct 1 1937 f Ms 1944-47 Forks— to 3.90 to 4.00 to 4.10 to 4.00 5s Farm L'n 1940-45&'50 J&J 6 3.00 5 Ms 1945 & 1948 ser O—J&J 6 3.40 to 3.50 to 3.75 to to 3.00 NORTH DAKOTA Grand 6 2.00 6 2.00 _ 5s Sept 1937-1947.---M&S 6 2.00 4 Ms 1938-1958 M&N 15 6 2.00 4 Ms 1937-1973—-—J&J 61.75 to 4.20 6 2.00 6 2.00 Summit Co— Winston-Salem— 1937-1970 J&D 6 0.75 to 3.20 4. s 4 Ms 1937-1965 "6 1.00 to 3.00 J&J Triborough Bridge— 4s s f revenue 1977 A&O 103 M 4s serial revenue 1942-68— 6 2.50 Uticar—■ 3.90s to 4.25 1938-1947 to 4.50 4Ms 1948-1959 93 Rutherford Co 5s '37-'52--J&J 96 94M Salisbury 6s 1938-1941—M&N 96M Transylvania County— Road & Bridge 6s 1949-50— / 33 36 Wilmlngton— 5s Ref & Impt 1955 6 2.25 3M 1938-1Q49 M&S 6 1.50 4s 1938-1955 M&S 6 1.50 SpringTd S D 5s '37-'39.J&J2 6 1.50 P&A 6 2.50 F&A 6 4.30 A&O 6 4.25 4Ms 1937-1962 A&O 6 2.25 4 Ms Pub Imp 1938-60-J&J 6 2.50 2.25 2.90 2.60 2.75 2.75 2.40 2.25 2.00 SnH—9 Springfield— . 4s May 15 1938-1953 Jeanette 4Ms 1937-1950.M&S Lacakwanna Co 4s 1944-F&A Lancaster Co 4 Ms '38-'60F&A Lancaster S D 4s May 1945— Lower Merlon Two 4s 1945— McK'p't S D 4mb 38-43 M&N Mercer Co 5 Ms '37-'47—F&A Norristown S D 4Mb 1943-J&J 6 1.25 to 2.50 6 2.00 6 2.75 6 1.25 to 3.10 6 2.20 6 2.20 2.20 to 2.50 6 2.00 2.00 2.00 to 2.50 6 1.50 to 3.00 6 2.30 2.10 Philadelphia— 5s Jan 1951 —.J&J 4Mb May 1948 4 Ms Nov 1 1948 that date are tax-exempt. 6 Basis. v.v.r.v W'fe'-tf'': 4M _ J&J 6 2.00 (a Feb 15 1938-1957 _ 4.60 3.00 4.00 to 4.40 to 4.20 to 4.10 6 4.00 6 4.00 M&N M&N 1946-1950 1951-1956 Ask 5s Flood Emerg *38-'42 J&D 6 1.00 to 2.75 Newark 4 Ms 1938-1941— A&O 6 1.50 to 2.50 Portsmouth City S D— 4.50 6 4.25 6 2.50 4 Ms " 4 4.25 to Bldg 1939—J&J 6 3.50 3 Ms Ticonderoga S D No 5— -J&J 4Ms Sewer 1938-1953—J&J 5s Water 1938-1950—J&J 5 Ms Water 1938-1950-J&J Troy— 1937-1940 reg A&O 4 Sa 1938-1950 —-A&O S^Slunlc Randolph County— 4s s f revenue 1977.--- A&O 102 M 102M 4s ser rev 1942-68 A&O 6 2.65 to 3.90 % Thousand Isl'ds—See "Watert own' 4Kb July 1938-'58 Tonawanda (City of)— 4Ms 1938-1942 J&J 5s ^ Fund June 1959 Bonds Montgomery County— 4 Ms 6 4.25 6 4.75 Impt Junel, 1944--J&D 4 Ms 1937-1967 —A&O to J&D15 6 0.50 P&A 6 0.50 J&J15 6 0.75 J&J15 6 0.75 M&S 6 0.75 M&S 6 0.75 M&S 6 0.75 3s 1938-1971L M&S 5s to 3.40 6 0.50 M&N 6 0.75 4Ms 1938-1944 4.20s Dec 15 '37-71 4.70 2.75 to 4.60 4s M&N 6 1.00 4s 1937-1946 3 Ms 1938-1951 County— 4 Ms 1943-1947 Southampton— A&O 3 Ms 1937-1951 P&A 2 Ms High & ref 1938-57 M&S 2.20s June 1 1938-1962 J&D Sullivan Co 4lis '38-'45-A&0 Syracuse— f 5s May 151938 5 lis 1937-1960 M&S 6 M&N 6 4.50 6s Ref Nov 1950 Pitt to 2.75 6 1.00 Solvay 4 Ms 1937-40 F&A 6 1.25 Somers (T) 4Ms'37-'53_M&N 6 1.50 5s 1938-1971 Suffolk County— 4Kb 1937-1957 4.10 Mecklenburg Co— 2.25 to 2.50 to 2.30 to M&S 6 0.50 1938-1951—P&A or Net 4.75 5.20 — 6 0.50 J&D 6 0.50 1938-1960 A&O 6 0.75 4s Oct 15 1937-1944—A&O 6 0.50 1937-1950 6 3.50 to Wat Serv 1938-1968 J&D 6 3.75 to Iredell Co 5s Aug 1 '42-F&A 6 4.00 4Mb 1938-1950. A&O 6 3.00 to Lincoln Co— os to 2.50 5s Dec 15 1937-1941 1937-1948 1.80s Ask High Point 4Mb 1 £38-48-J&J to 2.00 4.30s 4.15s 2Ks 1937-1955 Bid Bonds Yield Basis To or Net _ 6 1. 6 1. l,,'i Yield Basis To or Bonds 97 possible for the closing day of the month preceding the date of issue 114 J&J 109 J&J 109 / Flat price. » Nominal, ■ STATE AND MUNICIPAL BONDS closing day of the month preceding the date of Issue 98 all securities are as near as possible for the Quotations for 107 M 4M» Apr 15 4s 4s -J&J — -M&N 5 Ms Dec 1 193flM)8_A&015 -J&J J&D b 1.00 to b 1.00 to b 2.75 to 6 2.00 1.75 „ 2.85 3.00 Carter 2.50 2.60 to 2.80 1.10 to 2.20 1.75 to RHODE ISLAND Unempl Relief *38-M&S 1939— J&D 1 M% June 1 1M % June 1 1939-43—-J&D 8% Public Wks 1951-50-M&S 4s Oharit Inst 1905 M&S 4s June 1 1977 J&D b 1.15 1.10 b 1.25 to 1.90 b 2.50 2.40 6 2.60 5 2.80 2.70 1.25 to 3.25 6 1.25 to 3.75 6 1.00 to 2.50 _OT -----J&J '38-73-M&S15 A&O . N ..M&S g 1.00 4 Ms -J&J -J&D 1950 1952 4Mb School 1954 M&N Providence— I 4Ms _ J&D 1937-1959 6 0.75 to 1945 -J&J 4s Oct 1 1954 —A&O 4s July 1956 ---J&J 4s May 2 1957——M&N2 4s Water 1962 J&D 4s Oct 1 1964 A&O 6 1.00 48 1938-1950 J&D 6 2.25 3s 1944-1951 -J&D 6 0.75 2 Ms 1938-57 F&A WPA School Loan— 6 3s 1946-1965 J&J 2.30 4Mb 1938-1967 4Ms Funding 1944 5s Funded Knoxvllle— -J&D M&N -J&D 2.80 2.80 2.60 % to 2.60 % to to 2.50 % to 6 1.00 to land River Bdge Nashville— to 3.60 1.00 to 2.70 1938-1959—A&O 1947——-A&O to 375 6 1.00 % 1 to 3.75 .40 4s Funding SOUTH 5s Aud Mkt 6 2.10 to 3.26 .6 2.00 6 2.00 to 3.20 1940-49-J&D 4Mb ctfs indebt 39-'53—J&D Co— 1938-43-F&A Charleston—IMs Jan *62-J&J 4s Refg '38 (tex-exem) _ J&J 3 Ms Wat Works '38-78A&0 Oheraw 5s '52 opt '32-July 1 Clarendon Co— 6s May 15 '38-'40-M&N15 Columbia 5s Ref 1941 —M&S 4Mb Water 1945 J&J Greenville—5s St 1942—J&J 6 2.00 to 3.25 100 6 1.60 95 6 3.75 3.40 6 3.75 3.40 6 4.00 3.40 opt *38 F&A 3*00" 3.50 ti 3.50 3.75 % M&°.ai9&941 M&S BD4M^nW>iter 1838-I939.J&J 6 2.75 6 2.50 6 2.75 4Mb Water 1940-1965-J&J 6 3.50 5s Sept 1 1939 6 4.00 5s Nov 1 1943—-——— Spartanb'g Co 4Ms'38-'47M&S Sumter Co 5s 1938-1952- -J&J \ork Co 4Mb 1938-'50—J&J to 4.00 % 4.00 % 4.75 % 3.40 % to 3.25 % to 3.75 % 3 25 % 3.65 6 2.75 to 3.75 6 3.00 to 4.00 6 2.75 to 3.90 % 5s Rural Oiedlt '37-40-A&O 6s Sept 1941 -...-.-M&S 5s June 1 1938-39 J&D 5s Jan 15 1938-'40 5 M* Jan 15 1943 4Mb Rural J&J15 J&J15 Credit 1942—J&J 6 1.00 to 2.90 % 112 110 6 1.00 to 2.75 6 1.00 6 3.50 to 3.40 6 3.30 to 3.70 4Mb Rural Credit— 6 3.25 Due May 1 1943-'50-M&N 6 3.15 Ref 4s Aug 1 *43-*49—F&A 8M? 1943 to 1940 3s Feb 1 1947 ♦ To be called F&A F&A to 2.90 6 3.00 99 M for payment. to 3.60 to 3.30 to 3.20 101 6 Basis, V v-s. : I ;.v' = t 1 I--."---..,-' ,r;'v Vv- i to 4.50 4.00 3.75 96 > 5Ms W W 6 3.75 3.60 5s 6 3.75 3.60 3.50 3.50 1938-05—M&N Sept 1937-1959 M&S 5s St Impt Dist No 2 1943.. 6 3.75 4 Ms 1938-1967 J&J 6 3.75 6 3.75 4 1937-1968 Ms 3s July 1 1938-1951 San Antonio S D 5s '56 F&A J&J F&A Tarrant County— 4Ms Oct 10 '37-'59—A&O10 6 1.00 6 3.75 3.50 % to 2.80 3.50 6 3.75 3.50 % Waco— 5s Water Works 1942—J&J 6 3.50 3.25 Water 1937-1968—J&J 6 2.75 to 3.50 4 Ms Wichita Falls— 82 80 80 80 M&N M&N F&A10 J&D F&A 10 80 82 82 82 80 82 STATES—See Pages & 19 91 UTAH 5Ms April 1 1941 J&J 4 Ms Road 1939 J&J 4 Ms July 11939 J&J 4Ms July 1 1937 Ogden 4M% 1937-1945—F&A Salt Lake City— 5s Refunding 1941 J&J 4s Ref 1938-1945 A&O 4s Ref 1940-1965 A&O Salt Lake City S D— 4s May 1 1949 M&N Salt Lake Co 4Mb Apr 1 1942 1.90 b 2.00 b 1.60 M 60 100 6 1.00 1 30 1.40 to 6 1.00 6 2.75 2*75 1.90 b 2.00 to 2.60 to 3.50 2.60 6 2.80 b 2 15 2.00 6 0.50 6 0 50 to 2.50 b 3 05 to VERMONT 3Mb 1937-48-— J&D 4 Ms Oct 1 1937-1949—A&O Middlebury 4s'41 op '21-M&N Rutland 4Mb 1940-18 J&J to 2.50 !io 3. is % VIRGINIA 121 101 (Commonwealth) 1962 3 M % ctfs of indebt July 1 * '39 2Mb Refunding 1947—-60 J&J is Refunding 1937—-46 J&J Albemarle Co 5s 1948 J&J 4s 95 100 100 3.00 Alexandria 6s 1937-1950-A&O 6 1.00 Arlington Co 5Ms '38-'54 F&A 6 1.50 Bristol 5 Ms Sch 1938-53 J&J 6 2 50 Charlottesville 5s 1962..M&S 6 3.75 5s Water Impt 1958—J&J 6 3.75 4Mb Ref Aug 1942 F&A 6 3.00 4Mb July 1 1939-1950--J&J 6 3.00 Fairfax Co 4Mb 1945—F&A2 6 3.00 Henrico County— School 5s 1938-50 J&J 6 1.00 4s 6 J&D A&O 1938-1952 1.50 3.50 2.00 to 4.15 100 6 2.00 to 3*40 6 3.50 to 3.90 A&O 1953-1977 Brazoria Co— 5 Ms Impt Apr 10 1956-1965 6 4.75 Cameron County— 4Ms 1938-1942 SsRoad Mar 15 M&S 1938-1957.. Corpus Christi 5s fd 67-F&A 6s Water 1937-1959—F&A D5sai938-1960 1938-1970 —M&N M&N M&N M&N 71 71 90 58 to *3*40 to 3.50 to 4.25 3.25 3.25 2 Ms 1938-1957———J&J Da _Jas Co 4Mb Apr 10 1951— dlai Bridge Feb 10 1924 Apr 10 Ww purch 1950—A&O 5s Fund 1951 opt 31—M&S 5s School 1955 opt '35--J&J 5s Impt Aug 1 1948—F&A 4Mb 1938-1960 A&O / Flat price, 4.50 % 75 75 92 62 2 75 4Mb July 1 98 M 3.25 to 3.50 6 4.50 3.50 3.50 3.50 6 4.50 J&J J&J 4Ms July 1 1941 J&J 4Mb July 1 1965....—J&J 4s 1964 1938 to 1943 1941 4s Elec 4s 6 4.50 3.00 3.00 6 1.50 J&J 4 4b 100 1.00 6 4.00 6 4.00 6 4.50 3.50 3.50 3.50 3.50 3.50 6 4.25 3.80 3.80 3.80 3.80 3.80 6 3.25 2.75 6 3.25 2.75 6 4.25 6 4 25 6 4.25 6 4.25 Richmond— 2.50 >3.60 3.25 6 3.50 6 3.50 5M% School Oct 1961 Petersburg 4Mb 1952...A&O Portsmouth— 5 Ms 1951 F&A 4Mb Impt Oct 11942.-A&O 4Mb Sch and Sew 1938.J&J 4Mb 1937-1954 J&J 5b Water 1948 J&D 6 3.25 6 0.90 6 1.50 6 4.00 4M% April 1941-47—— 6 4.00 5% Water May 19525% Port Terminal May *52- 6 4.00 Ms 1949 4Mb 1958 3.00 2.75 to Norfolk— 3.25 3.25 3.25 to 3.50 3.50 4 Ms 6 3.40 6 3 40 4M 193845 6 3.25 4M 1940-05-3.25 4s School 1937-1951—J&J 5s Vlad't & 1954 opt June 11957 J&D Lynchburg— 4Mb Pub Impt 1939 J&J to 3*25 4Ms Pub Impt 1946 J&J to 3.50 4 Ms Water 1951 J&J to 3.25 4s Pub Impt 1939-1959-J&J Newport News— 4 Ms 1948 J&D '3.50 % 4Mb Feb 1953 F&A 2.50 4s street Nov 11941—M&N "3*25 1.50 to 2.75 1.50 J&J 1922 101 3.50 A&O 1954.M&S A&O 1937-1970— 4s 1942 opt 98 100 A&O 5s 1940-1965 4 Ms 4Mb SOUTH DAKOTA 4.00 100 i Beaumont— 5s 1952 opt *32 5s Water Works 5s 1938-1939 3 Ms to to 4.00 15 J&J 5s SchBlg&Hos *52op'32J& J 4Mb 1938-1961— J&J 4 Ms 1938-1953 J&J 4 Ms 1954-1958 J&J to M&N Kershaw Co— 6 3.00 5s Highway 1938-1940-F&A 6 4.50 Lancaster S D—5s 1941—J&J 6 6s July 1940 -J&J 4.50 2.00 TEXAS 5s 1937-1942 3^50 to 4.25 101 100 Danville— Austin— * 6 3.25 3.00 3.40 _ Abilene 5s Feb 15 '59-'65 Amarillo 4Mb '38-'58-M&8 to 5.50 3.40 3.25 3.40 3.25 3.40 2.25 to 3.40 6 to par San Antonio— 4.00 F&A 1955—M&S 5M% Highway 105 101 to 3.30 % 100 6 5.00 to 3 60 6 2.00 3.10 2.50 3.85 6 1940-1951—M&S 3*15 6 4.50 F&A 1938-1970 UNITED 103 J&D H'se '49—M&S 3*15 100 1.50 to 3.25 5.00 5.25 White County— to 3.50 104 96 2.25 98 Fdg 1938-1958—J&J Tipton County— 6 2.50 4Mb Road July 2 '37-'58J&J Washington County— 5% Fdg Jan 1 1954 J&J 6 4.40 to 3.40 6 2.50 3 Ms water ref 1939-70 M&N 6 3.00 Greenville Co 4 Ms '40-*55. J&J 6 2.75 4Mb Hlghw 1938-1945.P&A Greater Greenville Sewer Diet 6 4.00 4Mb 1967 4M% Jail 103 6 5 Mb to3.50 to 3.50 4s Xnstitu'l 1937-59 J&J 6 2.75 2 Ms Hisrhway Oct 1 '45-'54— 6 2.40 Aiken Co 4Mb 1938-1945.F&A 5s Water 1958 i 100 1.50 to 3 .50 1.50 to 3.50 . 5* 1937-1940 5s Feb 10 1960 4Mb 1937-1960 4Ms 1938-1946 1.50 to 3.25 2.00 2.25 1.50 to 3.50 Smith County— Ctfs of indebt 4Mb Highway 4Mb 1938-1948 Polk Co 5e 1938-1946 Robertson County— 4Ms Road 1948 M&N -J&J M&S •;V-> / )>•! .v. 3*16 3.15 6 3.25 1944, '49. '54. '59, '64 5 Ms 1.50 to 2.75 1.50 to 3.40 Shtte&M7...A&C CAROLINA 8Mb Refunding 1940-55 3 Ms State Highway— Anderson 4Mb 1937-1968 4Mb 1937-1967- 4.75 Port Arthur— 6s 1950 3.60 '38-50-M&S 4 Ms High Sch 1940 J&J 4 Ms Hospital '38-*56—J&J 100 Palestine 5s Sch Aug 1 1939, 98 1.25 to 3.20 6 J&D 4Mb 1937-1951 3.25 100 Sch D 3s *38-'66—F&A 6 0.65 6 3.40 Houston S D 5s Feb 1952 97 3.40 3.60 1.25 to 3.20 5s Memorial Sq 3.20 1.00 1953.F&A to __ 3.30 1.50 to 3.20 1.50 to 3.50 3.10 3.30 6s 1938-1942 A&O 5s March 1938-1960—-M&S 435 % 3.75 % M&N 6*1.00 J&D 6 _ Cumber¬ Montgomery Co—5s % to 2.80 6 1.00 M&N _ 1954—J&J 5s River Term '38-'48.A&0 4Mb Water 1937-1962—J&J 4Mb Water 1949 J&J 4 Ms Park 1959 A&O 4 Ms 1938-1955 J&D 4s 1938-1954 M&S 2.75 2.75 2.50 4)|s June 1938-1957—J&D 5s 1938-1942 4.00 4.00 6 4.25 County— 3.75 4 Ms Road 1947 opt '39.J&J 6 4.00 Davidson County— 3.00 4 Ms Highway 1947—J&J 6 3.25 6 1.50 to 3.40 5% Co Memorial '37-'50J&J 84 81 Dyer Co ref 3M-4Ms 1905 Fayette County— 4.70 4Ms Road 1958 J&J 6 5.00 0 75 Gibson County— V 4.50 6 4.75 4 Ms, 1940-1958 % % Hamilton County 3.80 6 4.00 % 4 M % Refunding 1957-A&0 3.60 6 3.80 % 5% Bridge 1944 TftplroDTi—• % 6 2.50 to 4.00 4Ms Ref 1938-1948—J&J Johnson City— % 91 5 Ms Impt 1937-1940—J&D / 88 % Knox County— 3.75 % 6 3.90 4 Ms Bridge May 1 '51 M&N ^ 4Mb 1938-1967 4.00 6 4 25 A&O 4Mb Memorial Aud '52M&N 5s Hospital 1954.....M&S Memphis 5s July , ^ 92 6 4.25 4Mb School 1956 „ 4s Jan 1 Woonsocket— 4 Ms funding 1941 6s Fund 1938-1961 90 1 1959.-J&J / 84 / 85 95 Refunding 4 Ms Jan 1 195896 Refunding 4Ms Jan 1 1958. 98 Refunding 5s Jan 1 1958... 101 2.75 Refunding 6s Jan 1 1958— 94 General Obligation 4 Ms— 96 3.60 General Obligation 4Mb... 98 3.60 General Obligation 5s 101 3.60 Funding 5 Ms Sept 1950— 6 4.10 Water 4 Ms — 2.80 % Madison County— 2.50 2.50 4M % Highway '38-*49 J&D 3.50 2.70 to _ 4Mb Sewer County— 3.75 2.25 to 1.00 15 1948--——M&N High sch 1954-J&D Pawtucket— 3.00 Chattanooga— to 1.50 6 1.00 5 Ms June 1 1938-1953-_—4Mb May 1938-1942-M&N 3Ms to 3.75 6 3.30 3.00 to 3.75 Houston— 5s Sewer 1939 M&N 6 2.50 100 5s Ref Oct 16 *41op'31.A&0 4 Ms Sept 1937-1952—M&N 6 3.25 100 4M Oct 26 *38 op *28-A&O s 1937-1957 J&J 6 3.25 6 2.25 Impt 1937-39 (s-a)_ J&J 6 3.25 s Impt 1940-55Os-a)-J&J 6 3.10 s 1942-1947 to 3.50 6 2.50 5s funding Jan 5 Ms road 3.10 3 40 6 2.50 - Bridge 4Mb 1944-1945— 3.10 to 2.70 to 3.20 to 2.00 to 3.10 6 3.60 4Mb 1940-1907 Net 3.75 4.00 2.50 2.50 3.25 to 3.60 % Grimes County— 5Ms Road 1938-54.A&0 10 6 5.00 100 Harris Co 4s *47 op '17-A&0 4 Ms Apr 10 *38-r56.A&010 6 3.25 6 3.30 4 Ms Road Apr 10 '38-'60— 1.75 6 3 25 J&J 6 3.50 Refunding 1941 Ind Sch D 4s '38-'04—F&A 6 1.00 Galveston— 5s Grade Raising 1944.A&O b 3.25 5s School 1938-1954—M&S 6 2 .25 5s 1938-1956 A&O 6 2 .00 100 4Ms Grad &c '48op*28 J&J 4MsGrad &c *49op'29A&0 Galveston County— 5s Bd Apr 10 "olop'31 A&O Cocke _ 4s May 6 2.25 1939 July 1 1943 April 15 1940-47 to b 1.90 Wllkes-Barre— 4Mb 1938-1940----—J&J 4 Ms Impt 1940-1945---J&J lor¥4Ms 1937-1943.—F&A 1938-1939 ..... 4 Ms Dec 1 ----- School District—_ J&J 4MB 1938-1950 4^8 99" 4s 1940-1955. Reading 5a Impt Schuylkill County— b 1.90 4Ms 1937-1955—-—J&J b 1.90 Scranton 4Ms '37-41—F&A b 2.00 5s 1937-1950 F&A 4s 1938 M&S 5s 1938-1942 2.90 3.40 100 1.50 1.50 6 2.00 to 2.65 b 1.15 J&D 1943-49 -J&J 4 Ms Mar 15 2.80 6 3.10 4Ms Jan 1 1939 Belief— 4M% 1937-1953 4s 1938-1960 6 3.00 4Ms Jan 1 and Feb 15 1939— 2.80 to Public Works Cranston— 4s J&D 1940 F&A 6 4.10 F&A 6 4.10 4Mb 1938-1964 2.50 3 Ms Sept 1 1944 3 Ms Sept 1 1945 3.90s Sept 1 1955-1958 3s Sept 1 1940 2-65 to to b 1.00 j*d 4s 1938 to 1939—--—J&J 2 Ms July 1 1937-'50 —J&J 1M % 97 5s 1938-1959 4Ms 1938-1971 TENNESSEE 102 3.15 b 2.25 to 3.10 b 1 30 to 2 60 b 1.30 to 3.15 b 2.55 1937-1942 1938-1950 Scranton J&D iiouxe5alteV&^ '43~'48 J&D 108 "ffllSTioso ' Perkins Co 4Mb fd 38-'47 A&O 6 4.10 J&D 6 4.10 5s 1951 65 Ask Fort Worth— 108 M 103 M 4s July 20 1972 100 3M« July 1 1080 opt 1950— Phiia< delphia School Dist— 6 1.30 '• 100 70 100 4Mb fund 1938-'47-M&N15 „ 102 M 103 M 105 M J&J 100 97 M&N Co— To or Bid Bonds Net Ask 98 Bonds Jackson 108M 106M 4s July 1942 4s Jan 1 1940--———J&J 4s Feb 10 1955--—--—J&J 4s Nov 1 1900 —J&I 1937-1943 4Mb 1941-1959—. Bid Corson Co 5s fd 1938-'47 Philadelphia (Concluded)— 4Ms 1970 opt 1940 ---Dec 17 1978 J&J 4 Ms Net Ask Bid To or To or Bonds Yield Basis Yield Basis Yield Basis 2.75 6 3.25 6 3.25 2.75 2.75 6 3.25 2.75 6 3.25 J&J 6 3.25 2.75 2.75 J&J Light 1942 1943 J&J J&J 6 3.25 6 3.25 2.75 4.25 100 100 6 4.25 4.00 6 2.50 to 4.25 t Optional to Jan. 1 1938 at 105, 1943 at 104, 1948 at 103, 1953 at 102 and 1958 at 100. ::VW,V 99 STATE AND MUNICIPAL July, 1937] Quotations for all securities are as near as possible for the closing day of the month preceding the date ofl Yield Basis Yield Basis Roanoke— 4)is Street Impt May 1940 b 3.50 Pub Bldg 1941—M&N b 3.50 4)|s Pub Bldg 1944—MAN 6 3 50 4Hs April 1952 —-A&O 6 3.50 4f|s Ask Bid Bonds Net Ask Us 3.00 3.00 3.00 to 3.50 4J*s A&O 1941-1955 1938-1957——AAO mun lt A pr 37-53-M&N 3 3* mun It A pr ,43"^ A&O 4s 3)ss mun lt Apr 38- Seattle School to 3.50 4s 54A&0 Dist No 1— 6 3.00 2.00 6 1.75 to 4.10 % 6 3.60 to 3.90 % 6 1.75 to 3.90 % „ 1946-1950——MAN 6 3.00 to 3.20 % _ to 2.25 to 2.25 to 2.75 County— 6 1.50 6 2 00 (s Bridge 1937-38—MAN Is Bridge 1939-49-M&N .Is 1937-1950 .—MAN 6 2.00 Pierce County— 5s Sept 1,1937 to 2.00 to 3.40 to 3.40 100 4Hs 1937-1944 Port of Seattle 5s '37-55 MAS 454s Jan 1938-1955 JAJ Seattle— 6s 1938-1941 L A P—.A&O 5548 LA P 193843--IdAN 5s Light A Pow 1942-56A&0 45* Lt A Pr 1939-'58—MAN 6 1.50 6 1.50 to 6 to 1.75 6 2.25 6 2 00 3.25 to 3.60 3.2? 3.00 100 6 2.00 to 3". 20 3.60 % 5s Wat Wks 1937-52 J&J 6 1.50 to 3.50 3.20 S to 3 60 to 3.75 to 2.25 % to 5 to 3.50 to 3.80 6 3.75 to 4 40 6 2.75 to 4.20 f Flat price. near as possible for the closing day of the month preceding the date of issue Surplus Capital Unearned Dec. 31, Par Premium 1936 Reserve Surplus — Aetna Insur (Hartf)— Aetna Life (Hartford) Agricultural (Watet'n) Amer Alliance (NY). Y) Amor Equitable (N 10 3,000,000 12.443.233 10 7,600.000 19,356.455 10 15,000,000 18.266,430 25 3,000,000 6.123.209 10 3.000.000 4,356,634 13,240,995 6,226,166 4.167,426 340.779 1.000,000 1,859,397 3,343.740 16,284,614 1.000,000 6,123.138 1.000.000 2,118,887 300.000 300,000 7,500,000 5.120.993 5,000,000 6.831.284 1,500.000 2,621,129 1,000.000 2,980,159 3,000.000 15.134.403 1.000.000 2,331,872 2,000,000 5.026.399 71,005 770,437 11,483,367 1,190,142 2,024,031 761,633 5 Amer Fire (Wash'ton) 100 Amer Home Fire(NY) 10 (Newark) Amer Reinsur (N Y). Amer Reserve (N Y). Amer States (Ind'nap) Amer Surety (N Y)— Automobile Ins (Hartf) 10 10 25 10 Baltimore Amer (Bit) Bankers A Shipp (NY) Boston (Boston) 100 Buffalo Ins Co (Buff) 100 5 CamdenFire(Camden) 1,000,000 200.000 16,583,266 7,658.984 5,040,327 1,863,963 5,795,443 ■ft# 92 yi 46 275* 83 IIK 36 110 85 23 385* * 14)* \ly*> 38 26 H 40 50 M 8,192.322 2.373,440 2,947,936 4,347,850 615 2.101.956 430 19 4.973.696 16 I3 0 w52 10 500,000 ^ 1.038,021 644,349 225* 5 400.000 1,500,000 441,318 2,492.244 100 Conn Gen Life (Hartf) 10 Continental Assurance 10 Continental Casualty 2.000.000 5.000,000 1,000.000 3.127.599 *36,993.878 6,064.272 171.396.914 2.432.617 19,533.628 (Hammond, Ind)— Continental Ins (N Y) 1,750.000 3,903.196 5.000.000 71.826,432 381,038 100.000 1,000.000 1,051.821 1,500.000 2.500.000 755.095 502,710 4,000.000 11,894,919 2.400,000 5.116,134 3,750.000 57,994.448 1,000.000 2,000,693 2.000.000 9,800.058 200.000 463,678 7,500.000 16,057,897 9,397,6901 11,072,999 3.000,000 12.449,757 1.000.000 5.397,308 500.000 1,011.072 1.000.000 1,828,604 10 1,841.318 2.168.299 (Wash'ton). Eagle Fire (Newark). Employers Re-ins(KO) Excess Ins (N Y) Federal Ins (Jer City Fidelity A Dep (Bait, Fidellty-Phenix (NY) Fidel A Guar (Bait).. Fire Assoc of Phila Fireman's (Wash'ton) Firemans Fund (S F). Firemens Ins (Newark) Franklin Fire (Phila). General Reinsurance. Georgia Home— Gibraltar Fire A Mar Glens Falls Insurance (Glens Falls, NY). Globe A Republic Globe A Rut gers Fire. 2d preferred Gr Amer Indemnity .... (New York).— Great Amer Ins (N Y) Halifax (Halifax,N S). Hamilton Fire (N Y). Hanover Fire (NY). Hartford Fire (Hartf) Hartford Steam Boiler (Hartford) Home (New York) Home F A M (SF)—. Home Fire Security— Homestead Fire (Bait) 10 20 10 20 25 5 6 5 10 10 26 26 35 180 4 34 46 5 39.. 120)4 6.397.772 14,792.093 2.953,43fl 9,050,342 248,540 12.581,703 12,277.295 6,636,525 2,073,384 862,173 1,164.001 5 2,500.000 10,265,336 5 1.000.000 3,487,420 15 1,200,000 19,728.971 15 tl.163,414 6.124,501 2,400.810 6,126,390 1 5 10 10 10 10 3.000,000 7,955,263 5 14.500,000 64,598,858 10 10 10 1,000.000 4.932,000 1,000.000 2.965.086 193,779 13,182,221 568.614 38,995 4,548.418 1,920,780 1,018,205 25*" 29 1.524.802 1,424,975 11)* 13)4 1,115,111 750,000 1,117,004 706,343 6% 22,234.295 14,621,852 8)* 18)4 63)* 1,100,000 11,328.842 320,937 5.520.351 3.368.880 91.763 6,691,342 {47 50 ' 16)4 613* 8)4 14)* 121 P 123 1,000.000 4,000.000 5.801,131 13 3* 14 1.000,000 2.447,964 1,453.466 313* 33 H 3,000,000 9,282.912 4.314.470 47)4 48)4 1,000.000 1.576.168 1,000.000 3.208,554 2,000,000 *18,000,215 1,000.000 5.932,330 1,636,245 2,066,520 5.809.845 4,319.050 46»* 20 22 25 94 98 27 H 1.000.000 981,327 557,769 25 25 2.000.000 1,000.000 1.000,000 5,387,212 2,638.603 5.132.465 771,637 128 28 133 10 10 25 13 14 131 3.147*575 127 28.502 102,778 100,000 512,461 8.255.807 16 84 P 1.000.000 2.751.917 1,691,588 16)* 18 H 3.000.000 7.579,972 4.273.235 10 10 10 5 1,000,000 2.000,000 1,000.000 2,057,089 2,742.889 1,864.874 3« 1,000,000 1,157,237 2,121.180 1,160,062 1,675.507 32)* 7)4 19 H 223* 10 1,000.000 1,704.712 811.319 10 5 10 10 10 Casualty.... 80 Preferred (New 10)* 30 1,000,000 3.721" 132 1,000.000 866.344 230,285 550,000 700.000 256,954 1.000.000 1.381,463 6.000.000 38,182.318 Pan-Amer Life (N O). 28 14)* iiH 16)4 Accident York)!— Providence 295* ton 38 - Washing¬ (Providence) - 10 . 2 25 25 Reliance Ins 8* UH Republic (Dallas).. Revere (Paul) Fire... Rhode Island (Prov). Rochester American (Rochester). .... (Phila)— 879*151 5 1,500,000 2,396,949 2,848,145 8,647.086 ,JtP)_ 25 4,000,000 22,419,614 5 500.000 1.548,511 Seaboard F A hi (NY) 606.865 10 1.000,000 1,324,040 Seaboard Surety_(NY) 715,016 3.904,700 Security Ins (N Hav). 10 2,000,000 4,580.974 Springfield Fire A Mar (Springfield, Mass) 25j 5.000.000 14.253.397 11,322,935 5 500,000 1,091,638 1,155 Stuyvesant Fire (N Y) 4,000,000 Sun Life Ass'ncejGas) 100 Travelers Fire (Hartf) 100 20,000,000 18.118", 207 652,938*688 2 U S Casualty conv pref 1.000,000 2.147,255 2.145,325 25 55)4 23 8H 26 9)4 201 10 29 34 24 28 11 206 12 31 35)4 115 119 7)4 8)4 575 625 447 457 9H 10 2 anty (Baltimore)... York). 4 U S Guarantee Co... Univer Ins (Newark). 10 8 Virginia F AM (Rich¬ mond) 6 20 68 25 500 West Coast Life 5 (S F) Westchester Fire (NY) Wisconsin Nat Life 2,000.000 7.329,395 2,000,000 23.248,606 2,000,000 5,227,916 400,000 1.863,501 1.000.000 1,308,763 375,000 649.639 1,000.000 11.613,091 400.000 876,396 • 13.732,443 9.315,899 2,569.525 > 406.512 592.908 22)4 223* 8* 56 18)* 20 H 39 633* 42 20,527,486 15)* 18 5,281,108 31,476 34 H 36)4 15 17 I * No par value, t Consists of $525,0001st preferred. $563,413 2d preferred, and $75,000 Junior preferred stock. aerged In 1930 with American Reserve Ins. Co. x Ex-dividend. - H 24)4 93* U 8 Fidelity A Guar¬ 175* 475 703,250 6 10 Peerless 665* 591* 2 (N Y)— U S Fire (New 20,087,097, 5)4 4,969,752 3.824.104 10 (Baltimore)—— Brunswick Fire 10 (New Brans. N J). . New Hampshire Fire (Manchester, N H) 10 New Jersey Insurance 20 (Newark. N J) 5 New York Fire— North River Ins (NY) 25* Northern Ins Co(N Y) 12'a Pacific Fire 4 * 11,035,621 ? 5 20 —. 37 75,631 4)4 32 5,476.241 10 Phila Life (Phila)—.. Phila Nat (Phila)-— Phoenix Ins (Hartf)— 6,765,043 44.874,929 2,129.771 30 share 17 3.747,992 110010,710 1 10 (Minneapolis) NorthwesternNational (Milwaukee) Occidental Ins (S F).. Old Line Life (MUw). 31 71 917*457 11,035,621 5 .y 39 31.155.533 1,212,966 Importers A Exporters (New York)... 200.000 422.519 Insurance Oo of State of Pa (Philadelphia 10 1,000,000 2,226.143 Insur Oo of Nor Amer 10 12.000.000 65.872,181 (Philadelphia). Kansas City Life (Kan¬ sas City, Mo) 100 1.000.000 9.478,934 5,476.241 1,823,101 144.035 h 4 Northwest Fire A Mar 3.656.717 1.000.000 3,933,913 8.150.000 28,572,635 2.000.000 2.081,290 200.000 688,419 4.000.000 8,746,031 10 12.000.000 49,476.073 10 225,577 Ask. New 80 2,226,265 Per 15 2,583,255 1,000,000 (Newark, N J)— Merchants Insurance (Providence)..---- 245* 3 609,V Bid. New Amsterdam Cas 24)* 8,125,172 19.276.020 31,895 733.822 3,073.3 $ Merchants A Mfrs Fire 21 Columbian Nat'l Life (Boston) Reserve Capital 5 5 — National Cas (Detroit) National Fire (Hartf). Nat'l Liberty (N Y) Nat'l Union (wash).. Nat Union Fire (Pitts) Central States Life (St Louis)— City of NewYork(NY) Knickerbocker (N Y) Lincoln Fire (NY)— Manufacturers Cas'ty (Phila) Maryland Casualty— Mass Bonding A Ins (Boston).—..—— Merch Fire Assur / com (New York) jpref Merch Fire (Denver). 7 102 625 460 295 (Wilmington N.O.) Premium share Aetna Casualty A Sur (Hartford) Par 1936 $ Ask. hnearned Dec. 31, Bid. Per Corcoran 0914 6 ™ 3.60 Quotations are as Carolina to 3.50 10014 M Water ref—1937-45 6 1.75 Amer Insur to 3.60 6 150 , 5)*s Water 1938—M&S 33*s Water ref—1937-39 6 1.75 2xs Water ref—1940-42 62.25 6 Basis. b 1.50 WISCONSIN Eau Claire 414s 1937-'44.JAJ 6 0.75 to 2.50 Green Bay— 41*8 1938-1947 A&O 6 0.50 to 2.50 5s^Lmp—Mar 1 1938- 42— 6 1.75 6s V W 1937-1960 MAN 6 0.50 to 3.50 Spokane Water Revenue— Madison— 4)*s-4)*s 193741—A&O 6 1.50 to 2.25 % 1.00 to 3.80 Tacoma—Revenues-4)ss 1938-1949 J&D 6 2.00 to 3.05 % 060 to 2 00 Milwaukee—5s 1937-40..J&J 45*s Water '39- 43 (s-a. 0 60 to 2.00 5s July 1937-1940 4§s EIlXp '42-'46(s-a)JAJ 6 2.50 to 3.10 % -J&J 0 75 to 1.26 4 5*sEILAP'37-61 (s-a) AAO 61.50 to 3.25 % 4)4s 1938-1939——.-J&J 0 75 to 2.50 4s Water 194446——JAJ 6 3.00 to 3.10 % 414s 1937-1945 J&J 4s 0 75 to 2.50 1937-1944 J&J Walla Walla— _ Milwaukee County— 4148 ref wat 1937- 54—-JAJ 6 1.75 to 3.25 % 075 to 2.80 Yakima— 41*8 Ct H'se*27-'50 MAN 15 0 75 to 2.50 2.25 5 l*s GO sewer 1939—MAN 414s Sew Mar 12 38-'45 075 to 2.70 5s Wat rev 1938-51—J&D 6 2.00 to 3.40 % 43*scourth'se *37-49 J&D16 1.00 to 3.25 Racine-—4 l*s '37-*57—MAN WEST VIRGINIA 1.00 to 2.75 6s 1937-1941--.. F&A 1.25 to 2.75 5s Highway 1937-1946—JAJ 6 0.50 to 2.50 Racine Co 5s 1938-1940— J&J 1.00 to 3.25 "4s July 1946-1948-—-JAJ 6 2.50 to 2.60 414s 1937-1950J&J 2.40 to 2.65 1.00 to 3.75 4s 1945-1954 -—J&J Superior 4!*s Sch '37-'44-JAJ 0.50 to 2.40 0.50 to 1.25 Wood Co 5s 1938... A&O Is 1937-1943 J&J 1.35 to 2.60 1939-1950 J&J 2.60 to 2.70 4s July 1948-1952 J&J 2.50 to 2.60 WYOMING 35*s 1951 and 1952J&J 6 2.50 to 2.60 314 s 1943-1952 J&J 4s Road 1951 opt 1941—AAO 6 2.25 1.90 3s Sept 1,1937-1946 M&S 6 0.50 to 2.30 Natrona Co S D No 2— 25*s Sept 1,1946-1960—M&S 6 2.30 to 2.50 5s 1937-1944 JAJ 6 2.00 to3.25 1.40% July 1. 1937-'39—J&J 6 0.25 to 1.10 Charleston 414s '41 opt *27 J&J 10014 6s Gen Fund 1937-1940—J&J 6 1.00 to 1.75 4)4% Gen oblig 1937-1943J&J 6 1.00 to 2.25 4% Gen oblig -1948-50 6 2.80 to 2 90 83*% Gen oblig 1950-51 6 2.80 to 2.90 8)4 % Gen oblig 1951-52 62.75 to 2.85 Clark Co 5)*sp52 opt '33 A&O 101 Refunding 6s 1953. MAN Everett— 4Kb Gen oblig wat.1937-59 6 1.75 to 3.90 Revenue Bonds— 5s Ask Wheeling— Spokane— 434 s Park 1962 -—JAJ 4s A 43*sref 1937-51—- 61.50 314s Ref 1943-1954 — -JAJ 6 2.25 4)*s 1937-1954 MAS 6 1.50 55*s 1938-1953 --J&J 6 1.75 ; WASHINGTON Bid Charleston S D— 5s 1937-1952—J&J Clarksburg 5s 1937-1953. A&O Clarksbg S D 5s '41 op '21M&S Hancock County—5s Grant Road Dist '46 opt '32.M&N Huntington 5s 1944—.Oct Mercer Co 5s '44 op '24 A&015 Morgantown 5s 1937-48--J&J to 3.60 % to 3.60 % 6 To Net or Bonds Net .A&O 6 2 00 to 2.50 % 3.00 Staunton 5s 1937-58 M&S 6 2 50 Tazewell Oo 5s 1938-46—J&J 6 2.50 to 3.50 6 2.50 Yield Basis To or To or Bid Bonds ssue {Policy reserve, a Company 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. -../-"xi-.;", Figures of deposits, capital and profits for the Natioaal banks are from the Comptroller's last oall; for all other insti¬ tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are required. For the Clearing House banks of New York, deposits are taken from the latest weekly statement. National Banks March 31 ALABAMA Capital Surplus <ft Profits Stats Institutions March 31 National Banks March 31 Gross Deposits Capital Nomi Per Birmingham— Bank for Savs.&Trts. Blrm'ham Tr & Say Common Preferred Industrial Say Bank. . . . . Vint National Bk— Common Preferred Mobile— First Nat Bank Merchants Nat Bk.. Amer Nat BkdcTr Co MontgomeryAlabama Nat Bank. First Nat Bank— Common Preferred Union Bk & Tr Co— Common Preferred.. • Selma— City National Bank. People's Bk & Tr Co. Selma National Bank Selma Tr A Say Bank National Banks March 31 ARIZONA State Institutions March 31 Nomi nal. Blsbee— Per Miners A Merch Bk. PhoenixFirst Nat Bk of Aris. Phoenix Nat BankPhoenix Say Bk & Tr ▼alley Nat BankCommon Preferred ........ ........ National Banks March 31 ARKANSAS Fort Smith— Olty National Bank. First National Bank. Merchants Nat Bank Little Book— Commercial Nat'l Bk Peoples Nat'l Bank. Twin Olty Bank 300.000 200.000 190.000 Union Nat Bank— Common.. Preferred........ .... W B Worthen Co— Common Preferred A Preferred B_. Pine BluffMat B of Oemmerce. Common........ Preferred........ 800.000 192.500 121.000 300.000 250.000 CALIFORNIA State Institutions March 31 share Surplus ft Profits State Institutions March 31 Gross Deposits July, 1937] BANKS CANADA TBUST COMPANIES AND National Banks {paS*fin) DELAWARE March 31 , Colorado Spgs.— ' First National Bank. Ask Bid Par Deposits l; 148,567 100,000 1 90.000 300,000 300.000 Preferred class A__ Exchange Nat Bank Denver— ■ Oross Nomi nal. Per share. $ 60.000 Colorado Sav Bank. Colorado Spgs Nat B Common 359,820 421.343 82,937 Par Deposits Bid Institutions March 31 Wilmington— „ Capital Institutions March 31 Ask State COLORADO Surplus & Profits State Cross Surplus & Profits Capital National Banks March 31 101 1.7f4,268 $ $ 210,000 312,901 500,000 3,552,993 625,000 976,651 669,331 203,175 728,012 1,000,000 1.500,000 <2,654,359 672,600 902,666 4.000,000 11,643,676 Central Nat Bank... Farmers' Bank Industrial Trust Co. Union Nat Bank Delaware Trust Co.. Equitable Trust Co. — Security Trust Wilmington Co Co Nomi nal. Per share, . 2.755,742 17.467,680 2,313,649 3,703,250 10,172,599 15,089,905 8,686,774 55,294.916 120 270 43 90 160 75 190 285 100 50 25 25 100 25 60 50 130 300 47 95 "8l"" 195 292 100 2,443,984 (100 1100 6,972,359 100 8,834,876 100 March 31 v ** DIST.OF COLUMBIA °th%/archt31°nS American Nat Bk— Common........ Preferred.. Central Sav BkATr Colorado Nat Bank Common Preferred Colorado State Bank Denver Nat BankCommon Preferred First National Bank National City Bank. Union National Bk U S National BankInternational Tr Co. 300.000 1 200,000 7,739,513 / 50 \ 50 5.004,030 Nomi nal. Washington— 100 Per N 1.000.000 U.303.739 1.100.000 81,158 50.000 .... 840.000 11,340.083 520.000 1.600,000 100,000 100,000 660.000 500.000 2,389,408 28,298 19,871 2,095,786 1,626,971 a . Pueblo— First National Bank. 1,072,472 139.495 500.000 30.000 Minnequa Bank Pueblo Sav A Tr Co Common Preferred. 427,807 92,899 350.000 a 100,000 1 199,000 .i. 53,496 o Anacostia Bank—1 City Bank Columbia Nat Bank. Bank of Oomm A Sav Hamilton Nat Bank, re cent liberty Nat Bank- sa lee 100 100 30.436,566 ( 50 I 50 59,865,097 100 1,010,886 614,526 26,289,230 16,502.029 Lincoln Nat Bank McLachlen Bkg Corp Nat Bank of WashNat "loo Nat 100 100 Capital Bank Metropol Bank. Preferred Second Nat Bank Secur Sav A Com Bk Amer Secur A Tr Co. 100 State Institutions 500.000 277,869 1,536,733 25,242,403 63.324 1.270,836 211.900 13 22,839.438 72.000 1,023,799 I 1,285,000 1.500.000 alOO.OOO Brldgep*t City Tr Co 2,200,0q0 North End Bk A Tr Common 1st preferred..... 2nd preferred-.... West Side Bank— 25,000 125,000 25.000 ..... Preferred 25 15 b 7H "45"" "47"" 800.000 150,000 1.150,000 100,000 4.000.000 100,000 1,600,000 100,000 4.000,000 100,000 Conn River Bkg Co. First National Bank. Amer Bk A Tr Co... First National Bank 200,000 1,200,000 100,000 Florida Nat Bk A Tr 0 400.000 Little River Bk A Tr 100,000 ( 25 Glastonbury Bk A Tr Hartford Nat Bk A T Industrial Bank Phoenix St Bk A Tr. East Hartford Tr Co Hartford-Conn Tr Co Park Street Tr Co Riverside Trust Co. 114.354 4,524,996 197,012 1,967,235 c 134,930 3,579,592 139,029 250.000 C. 166,574 125.000 c 103,535 . Slmabury Bk A Tr Co 25 36 30 500 125 2,769,305 7,424,365 14,559,199 1,622,922 62,597,662 259,244 32,193,131 1,672,622 41,480,184 2,987,569 3,097,638 1,775,360 100 50 10 100 100 25 25 25 739.379 f 25 25 50,000 ,c 50,532 50,000 743,596 600,000 258,067 200,000 100,000 124,877 Travelers Bk A Tr Co Weet Hartford Tr Co Windsor Trust Co Common "1S 280 43 35}* 65 300 385,573 77,737 110,518 35,347 ----- 25}* 6100 yl~ZZZ 100 112 275 300 State Institutions March 31 130,790 1,646,131 Nomi nal Per share 13 14 180 190 25 35 25 10 25 mmrnmess r 55,060 540,137 66.759 264,177 40,578 c ; 300,000 888,520 37,047,236 100 218,109 8,072,896 2,011,649 406.465 17,431,684 100 150 130 100 J 00 130 120 25 100 "135"" 156"" 175 • * 120,000 1 68.000 100,000 ... Preferred Florida Bank.... 0 148,905 5,514,578 40 f 20 •••• vK '' ' mmmmm I 20 117,699 ; 6,146,845 100 100 100 American Nat Bank / Oit A People's Nat Bk 400,000 306,115 200,000 144,605 4,936,832 3,013,612 50.000 200.000 18,672 24,713 910,994 mmmmm 100 2,012,457 100 200.000 231,059 8,242.677 25 1.250.000 First National Bank. al,350,000 First Sav A Tr Co500,000 466,946 798,433 130,540 15,924,061 16,252,396 1,635,671 100 100 100 c 115 125 120 110 8t. PetersburgFlorida Nat Bank 160 25 0 58 25 5,854,681 1,509,907 5,771 1,438,519 105 100 St. AugustineExchange Bk St Aug St Augustine Nat Bk h 75" 65 13 Meriden— 500,000 150.000 100,000 150.000 105 95 100 100 TampaExchange Nat BankHome National Bank Meriden Nat Bank.. Meriden Tr A S D Co Puritan Bk A Tr Co. 186 100 Pensacola— 71 1100 100 125 290 100 335 OrlandoFirst Nat Bank- 25 10,440,211 2,915,054 1,580.925 40 100 275 40 So End Bk A Tr Co- Common Preferred 60 45,857,037 24.567,251 37,806,558 First Trust Co. 1100 209,827 994,989 918,721 130 140 245 320 101 1,053,787 1,136,447 773,751 100.000 35 160 200 65 Miami— Miami Beach First National Bank. Hartford— Capitol Nat Bk A Tr 20 {100 5,692,031 11,829,955 27,783,451 FLORIDA Jacksonville— Atlantic Nat Bank— d3,000,000 Barnett N B of Jack. 1,500,000 Florida Nat Bank 01,500,000 Lakeland— \ Florida Nat Bank- 0 195 210 33 150 100 ; f 25 (100 1100 165,000 1 100.000 Common 4& 18,172,400 'l, March 31 Nomi nal. Per share. Bridgeport— 8,239,587 7,486,185 53,816.296 National Banks March 31 10 100 \100 345,173 248,145 4,536,222 1,000,000 11,672,046 613,700 2.000,000 212,079 2,000.000 987,289 1.000.000 2,304,486 ........ Union Trust Co Wash Loan A Tr Co. First Nat Bk A Tr Co Common Preferred Black Bock Bk A Tr. (100 a595,000 a588,000 3,400.000 Nat Sav A Tr Co— Common Income debentures 6.213,825 flOO 1100 gp» CONNECTICUT 97,785.717 1.417,500 Munsey Trust Co March 100 100 50 100 100 100 3,000,000 14,305,956 Biggs National Bank Common...... 100 23,238,899 1,938,563 1,774,868 7,393,250 5,193,631 3,265,710 23,762,823 7.390,313 10,185,672 5,178,175 10,064,609 3,112,040 29,649,905 250,000 100,000 1,000,000 500,000 400.000 a 345,000 cl .050,000 200,000 800,000 share. 100 66,338 c 142,308 521,660 232,243 822,473 299,647 772,264 187,296 639,580 211,914 1,631,441 — 38,906,935 (100 1,675,894 145,000 490.000 i 25 100 25 21 15 23 ...... mmmmm 160 105 115 70 100 mm mmm West Palm Beach 190 15 "20" ~~ Fla Bank A Trust Co. West Palm Beach At¬ 100,000 53,798 933,841 100 200.000 lantic Nat Bank— d 206,601 8,268,584 100 mm mmmmmm mmmmmm mmm mmmmm New Haven— Amer Bank A Tr Co. a First Nat Bk A Tr Co 250.000 Common 630,000 535,500 Prior preferred Oonv preferred 920.0 0 New Haven Bk NBA Second Nat Bank Trad em en's Common _ Nat 202,324 929,289 800,000 750.000 730,046 170,000 180,000 .458.700 57.708 962,930 300,000 503.563 931.232 27,663,520 110 50 [ 100 2,439,500 54 57 645 120" 125 120 45 100 9,088,871 12,461,985 50 50 Preferred State GEORGIA March 31 Institutions March 31 77 88 It Bk Un A N Haven Tr Co National Banks Nomi nal. Per share Atlanta- New LondonNat Bk of Commerce New London City 3.039,064 (100 100 135 15.454.633 1100 100 125 130 4,621,870 100 348.976 Winthrop Trust Co- 270,000 84,477 194,006 44,008 2,435,339 1,657,721 802,991 550.000 200.000 427,573 151,350 2,901,293 1,951.327 300.000 200,000 103,490 Cltis A So Nat Bank- r5.000.000 2,857,478 First Nat Bank 5,400,000 4,651,863 Fulton Nat Bank— Common........ 1.000.000 1 759,027 475000 Preferred Ga Sav Bk A Tr Co- a 997,500 208,729 Trust Co of Georgia. e2.000.000 2,437,832 50 re cent 100 100 sa 100 31,630,869 100 100 mmmmmm 3,417,431 22,345,518 100 90 100 840 tio 20 10 36 21 38 275 - 100 875 lee • Norwich— Thames Bk A Tr Uncas-Merch Nat Bk 640,000 85,035,637 99,036,821 • No National Bank... Union Bk A Tr Co.. American Sav Bank. 25 100 Sale price. f.Branch of Savannah. Includes preferred stock 19 a 110 or debentures outstanding. 6 Retirement price. Stamford— Mrst-Stamford Nsfl Bank A Trust Co. Fidelity TitleATr Co Stamford Trust Co.. c 1.000,000 200,000 700.000 1,278,553 660,238 1,059,341 100 160 165 100 100 12,547,110 5,339,752 8,811,501 165" 166" e V Dec. 31,1936. d Member of the Atlantic Group in Florida. Affiliate of the First National Bank of Atlanta, Ga. /The American National Bank of Pensacola, Pensacola, Fla., reduced stock from $800,000 to $400,000 as of June 15,1937. its capital Waterbury— Cltls A MfrsNat Bk 600,000 677,332 vCommoa Preferred.. Colonial Trust Co—. Waterbury Trust Co 250,000 ,v 182,523 5,292,909 400,000 1.000,000 300.000 2,735,515 183,967 9,120,438 3,630,981 q Member of the Florida National Group. the Barnett National Bank of Jacksonville, Fla. 100 120 I 25 22 i April 30, 32 32 I Last sale. 100 100 325 106 11,303,146 h Affiliated with Waterbury Nat Bk t r 1937. . .. 7''" • Combined statement. t Trust funds, x Ex-dividend. 1/ Stock all owned by Traveler «• Insurance Co. ' BANKS 102 National Banks ' ■' 1! •. • ;■ Par Bid Ask . $ 449,632 2,857,478 137,198 10,205,247 85,035.637 100 188 20 3,258,563 100 90 94 6,189,416 2,044.773 1,175,400 2.605,767 1,560,959 100 100 100 850,000 300.000 75.000 200,000 200.000 e Home Savings Bank. Merch A Mech Bank \ First Nat Bk of Col.. 107,421 Bank.. re 100 100 cent les sa Bk A Tr Oo First Nat Bk A Tr Oo 2.857,478 84,469 219.404 600.000 e 2,000,000 660,000 200,000 100,000 150,000 Common........ 20 tio 100 B 100 500,000 686,600 200,000 146,000 Common Debentures 100 rec 20 sa 93,561 2.115,270 j 20 85,000 1.375.000 155 I 100,000 ht -M les 36,764 "50" lo" 200,000 250.000 500,000 Peoples Bk of Qulncy S'thSfdeBk of Quincy 100.000 Co. State St Bk A Tr ■ i, .i'- - .1 I.-.;., 40 155 "125' 5,600,122 300,000 129,509 40,915 14,816 90.780 200,000 ■ •' 3,473.671 fioo 199,000 Mercantile Tr A 8 Bk '.•> 100 670,367 16,673 200,000 Debentures 21 100 92.485 J 20 10 5 1,645,448 159,495 173,989 Liberty Nat BkATr N 20 Qulncy— B'dway Bk of Ouincy 111 State Bk of Qulncy Common....... Savannah Bk A Tr.. i Citizens Bk A Tr Oo 50 v 10 85,035,637 4,536,916 4,495,236 2,857,478 11,632,384 24,934,625 15,000,924 100 21 Savannah— Oitis A So Nat Bank- f5.000.000 750,789 807,254 1,323,009 600.000 Nat BkATr National Bank. Jefferson Tr ASav Bk wtrst Capital notes 85,035,637 1,227,337 7,394,738 100 100 Peoria— South Side TrA Sav Macon— Oitis A So Nat Bank. r5,000,000 110.000 City Bank A Tr Co.. 1,413,286 7,276,258 1,478,291 300,000 100,000 Com Mer o share. Per 71,284 643,834 161.817 100,000 Nat'l Bank.. Union Nat'l Bank. First Cent Nat N Ask Bid Par s Elgin— Elgin Nat'l 21 Columbus— Columbus Bk A Tr— Fourth Nat Bank... Cross Deposits Nomi nal. 193 tio March 31 Surplus & Profits Capital Nomi nai Per share 760,714 133,699 48,164 330,203 750.000 Oitis A So Nat Bank. r5.000.000 400.000 Nat Exchange Bank. e State Institutions ILLINOIS Cross Deposits $ % Augusta— Georgia RR Bk A Tr National Banks March 31 March 31 Surplus & Profits Capital COMPANIES TRUST Institutions State GEORGIA March 31 AND 100 1,514,473 100 298,062 98,175 256,688 8,445,764 4,504,850 6.947.121 100 inn 40 500,000 509,568 9,876,091 100 150,000 222,818 4,830.386 f 50 70,000 500,000 343,766 11,378,368 100 200.000 8,480 None 130 50 40 100 692,039 607,660 100 50.000 Rockford— Illinois Natl Bk A Tr Oo Swedish-Am Nat Bk. Third Nat'l Bank- National Banks State IDAHO March 31 Springfield— Institutions First National Bank. March 31 share. Per — Preferred Nomi nal. Boise City— Ida 1st NatBk ofBoise Springfield MarineBk First State Tr A S 600,000 1 600,000 1,165,000 Preferred. 18.992,127 41,544 100 N 28,205.896 93,649 483,868 125.000 b uommon 100 100 sa Bk' 50 National Banks Institutions State INDIANA Dec. 31 Nomi nal. Nomi nal. Per 112,455 170,707 65,744 392,600 3,361,415 4,950,805 3,096,867 69.202 160.000 300.000 2,796,422 1,135,499 2,281,840 4.142,550 2,266,640 share' 100 N o 100 re cent les 100 Old National Common Preferred Belleville— 150.000 100,000 300,000 Belleville Bk 8c Tr Oo Belleville Nat Bank. Belleville Savs Bank. First National Bank. Bt. Clair Nat Bank— 38.622 289,775 278,792 175,060 200.000 150,000 100 100 100 90 100 100 200.000 Bank.. Am Nat Bk A Tr Oo. <1,650.000 Aetna State Austin State Bank. 200.000 . 100,000 300,000 Beverly State 8a* Bk Central Nat Bank Preferred Oont Nat Bk A T Co 150 100 100 "275" 285" 100 100 10 "85" "95" 15 40,000.000 122611391 935,712,727 ft1*1 12!>. 35.000,000 1 1,500,000 1,528,474 100 402,245 135" 130 122 250.000 Cosmopolitan Nat Bk District Nat BankPreferred Drexel State Bank Drovers Nat Bank.. I,531,653 58,453 125.317 250,000 33'i 2,289,110 f 20 1,000.000 857,765 First National Bank 30.000.000 30,684,550 First Nat Englewood 200,000 753,388 Halsted Exch Nat Bk 200,000 144,918 Hamilton State Bk 200.000 54,310 I-O National Bank.. > 200,000 44,506 Kaspar Am State Bk 100 45,275 100,000 1 100,000 ' 448,750 Common 63,386 t 6,111,422 23,560,215 759,996.576 5,536,963 5,259,662 1,784,152 2,101,708 I,938,754 mmmtmrnrn ----- 38 10(1 170 305 310 170 115 42 180 125 47 10G ion 20 • i i i i i i Preferred Liberty Nat'l Bank Live Stock Nat Bank Madison-Crawford . 275,000 1 256,228 326,000 300,000 279,401 1.000.000 1,476,914 Natl Bank Main State Bank 200,000 200,000 Merchandise N at'lBk 600,000 Merchants Nat Bk.. 200,000 Metrop State Bang_. Mid-City Nat Bank Milwaukee Av N'.t Bk 94,375 126,059 707,863 62,901 77,364 76,391 55,825 196,338 192,648 611,364 146,181 43,173 175,225 1,468,071 845,031 200,000 400,000 - I 200,000 Mutual Nat Bk of Oh Nat'l Builders Bank. Nat'l Boulevard Bk. National Security Bk North Shore Nat Bk t t Oak Park Tr ASav Bk 300,000 500,000 500.000 200.000 200,000 500.000 Personal Ln A Sav Bk Pioneer Tr A Sav Bk Sears-Oom State Bk. 2,000,000 500.000 Security Bk of Ohlc. Second Security Bk. Bkala State Bank. South East Nat Bank State Bk of Olearmg Terminal Nat Bank. 700.000 350,000 Unlv St Bk of Ohic._ 20U.OOO 200.000 i 226,828 126,142 56,933 200.000 120,000 200.000 Upper Ave Nat'l Bk. 68,232 35,666 269.515 299,500 Uptown State Bank. 300.000 300.000 West 31st State Bk.. 100,000 Western State Bank 200.000 Amalg Tr A Sav Bk. i Banco di Napoli Tr. Chic City Bk A Tr. Drovers Tr A Sav Bk < 425,000 300.U00 800.000 650.000 200.000 Harris Tr A Sav Bk. 6.000.000 Lake snore Tr A S Bk i 798,000 Lakevlew Tr A 8 Bk. 600.000 Mercantile Tr A Sav. 600,000 Northern Trust Co.. 3,000,000 Bast Side TrASav Bk Pullman Tr A Sav Bk 235,108 300.000 : : 141,647 262,034 321,003 18,291 154,587 246,166 152,827 1,009,683 317,526 58,935 10,085,533 246,457 1,203,387 376,867 9,485,945 297,962 11,649,675 Debentures 190 50 100 100 138 Fidelity Trust Co Fletcher Trust Co- 105 115 90 30 135 100 100 100 175 185 First Bank A Tr Oo Merchants Nat Bank 712,400 18,994 11,453,000 1,925,547 100 50 i i i i i i i 17 alO 10 100 100 100 100 100 100 350 130 3§0" 235" 255" 100 100 100 197 187 {100 14,536,087 3,631,057 21,044.652 155 185" 100 100 350 2,983,273 1,258,389 9,025,776 4,077.140 2,774.650 10 100 100 100 100 122,863 143,830 201,712 157,209 44,624 70 400 N o re cent les sa 5.183,070 J100 133,561 (100 First Haute Common Preferred 140 37.050,278 Nat Bank— 36 i 250,000 250,000 / 800,000 250,000 200.000 1 477.500 Preferred.. Terre 150 • . Merchants Nat Bk 155 31 25 10 1,000,000 11,048,562 28,261,542 925.000 1,712,226 99,217 100.000 3,000.000 5,601,027 107,050.034 1,535,980 180,287 i 200.000 517,160 18,920 i 50.000 1.250.000 2.120,624 29,153,532 2.264,445 122,909 i 450.000 3,062,817 557,291 500,000 2,916,054 166,515 185.000 Common 145 145 100 100 95 100 Terre Haute— —. 500,000 440.000 J 568,665 16,462,726 f 20 I 10 ----- i ' 2,442 i i i » 2,614,421 100 132"" 142" 100 5,312,971 100 2,177.308 20 "45"' "42" 5,344,172 75 85 5,448,506 10( 5,244,386 100 195 100 6,945,355 100 605,295 2,783,858 100 7,257,544 10(1 4,679,099 100 125" 50 *"115 19,887,455 167 9,896,852 loo 160 828,148 430 173.077,776 100 420 98 90 50 10,212,078 245 255 22,721,801 101 170 180 100 II,879,710 710 725 277,767,465 IOC 175 7,460,123 100 160 1 1 Sale price. t Branch of 1 • * 1 Savannah. ;U;. ■ t a Preferred stock retirement price. b June i 30,1936. Dec. 31,1936. c d New stock. e Affiliate of the First National Bank of Atlanta, Ga. / March 31, 1937. . The Central National Bank In Chicago, Chicago, increased its capital from 3200,000 to $300,000. g i Common and preferred n o 111., r .'.■j I" \ 400.000 f 275.000 b Joseph L A Tr Co <1,000.000 St "95"" 155 100 100 20 Oltisens Tr A Sav Bk 15 50 11,080,391 South Bend- 125 25 125 les 983,472 City Nat Bank 2( cent 50,000 300.000 f 1.500.000 / 894,938 935,000 1,000.000 1,231,899 i 399,200 / 226,991 Security Trust Co 1,000,000 1.839.465 Union Trust Oo—.. 265 10( 5C re sa 20 Indiana Trust Co "95"" il6" 10< N 20 20 , Debentures 115 255 20 15,625.363 1,055,554 Common 145 10( Bk. People's State Bank. 53 3,000,505 5,326.339 14,198,421 4,405,685 2,805,192 9,395,343 3,779,669 8,126,871 5.302,939 II,900,754 6,769,105 3,200,141 7,413.433 4,717,213 14,935,878 8.224,874 3,487 10( 10( — Merchants' Nat Bk. 205 100 20 . Bank preferred. Sq State Bk Bankers Trust Co— 10,194,674 23.598,613 110 Indianapolis— Marion Co State 25 155" 100 16,340 f Gary State Bank Gary Tr A Sav Bk— i i 20 I10 )10 J 375,172 200,000 1 —... Live Stock Exch Bk. i i 100 17,767,077 People's Tr A Sav Oo f Indiana Nat Bank- Lawndale Nat Bank Common 694,268 400,000 420.000 Preferred Fountain i i 1,200.000 Dime Trust A Sav Bk Common .... Class A 45 180 100 100 7,693,351 — Common 30 100 100 1,478,157 Bank American Nat 40 13.742,627 J 100 821,985 11,915,255 1,536.532 Mutual Gary— 124 a 285,652 500.000 1 500.000 _ Fort Wayne— Lincoln Nat Bk A Tr Ft Wayne Nat Common loo 4,000.000 City Nat Bk A Tr Oo Oont 111 N B A Tr Oo Common 52,058 886,968 79,899 52,521 79,256 2.351,175 2,441.599 42,805,456 4,058,908 1,896,738 3,641,054 103.793.486 255" 14,213,196 1,201,320 1,220,112 Bank— Peoples Savings Bk. . 245 100 Chicago- I mmmmm 14 100 Bank.--.. National City Bank. North Side Bank—. 100 750.322 177,444 24,293 25,734 552,603 47,210 500.000 100.000 150,000 100,000 500.000 175.000 Oltisens' Nat Bank.. Citizens Tr A Sav Bk Franklin Bk A Tr Oo Lamasco share. Per Evansville— Aurora— Sip® les State Institutions March 31 ILLINOIS tier chants Nat Bank Old Second Nat Bank U45" o March 31 Aurora Nat Bank... 4 uoo re cent V424,330 National Banks Marth 31 160 150 Illinois Nat Bank— Common First Security Bank. Boise Trust Oo "1"i v 111., on June 14,1937J stock or capital debentures outstanding, Reserves. Effective July 1,1937 the title was of the I.-O. Bank A Trust Co. changed to the I.-O. National Bank. « Combined statement. Ex-stock dividend, , 'J vW- of ChicagoJ :W National Banks National Banks March 31 Stat* Institutions March 31 March 31 Surplus & Profits Capital Gross March 31 Gross Surplus & Profits Deposits Burlington— Stat* Institutions LOUISIANA Deposits Nomi Baton Rouge— City National Bank Farmers A March 8 B First National Bank. Per Common... Preferred Louisiana Nat Bank ... Oedar Rapids— Merchants Nat Bank Common........ People's Bay Bank.. Preferred New Orleans— Amer Bk & Trust Co Common Preferred Hibernia Natl Bk Common Preferred Nat Bk of Commerce ... United State Bank.. Oounoil Bluffs— Olty National Bank. ........ Oeun Bluffs Say Bk. First National Bank. Common.... .... Preferred State Sayings Bank. Common...... Preferred Louisiana SB & T Co Whitney Nat Bank.. DavenportDavenport Bk A Tr. Des Moines— Bankers Tr. Co— Common ^ y Shreveport— First National Bank. Commercial Nat Bk. Contl-Am B A Tr Co ..... Preferred A...... Preferred B Cap City State Bank Cent Nat Bk A Tr Co Common... ..... Preferred National Banks Des MoinesBkATrCo Stat* March 31 iewa-Des M olnee Nat Bank & Trust Co: Common h Preferred Heme Sayings Bank. University State Bk. Valley Sav Bank Institutions March 31 Nomi nal. Per share AugustaFirst Nat Granite Bk Depositors' Trust Co Dubuque— ■ First National Bank. Amer Tr A Say Bank Bangor— Merchants' Nat Bk. Eastern Tr A Bkg Co Sioux City— Merrill Trust Co— First National Bank Llye Stock Nat Bank Common........ Preferred........ Tey Nat Bank Security Nat Bank.. Weedbury Co Sav Bk ... PortlandCanal National Bank Casco Bk A Tr Co First National Bank. National Banks KANSAS March 31 State Institutions Nat Bk of Commerce March 20 Portland Nat BankCommon Preferred A Nomi nal. Per share Hutchinson— American Nat Bank. Preferred B Bxchange Nat Bank. First National Bank. National Banks MARYLAND March 31 Institutions March 31 Stat* Oemm'l N Bk of K C Common........ 300.000 Preferred 448,000 Bxchange State Bank Security Nat Bank. Common...... Nomi nal Baltimore- 200.000 share Per Bait Oomm'l Bank.. . Baltimore Nat Bank Common......... Preferred Calvert Bank....... Canton Nat Bank.. 105,000 95,000 100.000 __ Preferred Btveryiew State Bk. ^Leavenworth— First National Bank. Leavenworth Nat Bk Manufac'rs State Bk Carrollton Bk of Bait Oommonw'lth BankFirst National Bank. Nat Cent Bk of Bait. Nat Marine Bank— Western Nat Bank Colonial Trust Co— ' 150.000 150.00C 50,000 * .V.r'f-Vi" Topoka Central Nat Bank... 500,000 Central Trust Co... Citizens State Bank, d Fidelity Say State Bk 77.500 200.000 400.000 Equitable Trust Co. Fidelity Trust Co— Maryland Trust Co Guaranty State Bank Common Capital notes...— Mercantile Tr Co— Real Estate Tr Co.. 100.000 100.000 272% Safe Dep A Trust Co Union Trust Co 500.000 Tepeka State Bank., d Wiohita— First National Bank. Fourth Nat Bank... Common........ 60,000 140,000 50,000 200,000 Preferred Haw Valley State Bk Merchants' Nat Bk. Nat Bank of Topeka State Savings Bank. 565 60 Cumberland— First Nat Bank Peoples BankCommon 1.000.000 1.000.000 Kansas State Bank.. Southwest Nat Bank Union National Bank 100,000 200,000 Common........ Preferred 100,000 100,000 100.000 Union Stock Yds Nat d ...— Capital notes Second Nat Bank— Liberty Trust Oo— Common........ Capital notes Frederick— Citizens' Nat Bank.. Oomm'l Bank of Md Farm A Mech N Bk. National Banks KENTUCKY March 31 State Institutions March 31 Frederick Oo Nat Bk 99,441 Common... Preferred Nominal „ Citizens'Nat Bank.. First Nat Bk A Tr Oo ; Per share, ... 391,219 33.254 Fr'k Town Sav Inst. West Maryland Tr.. Common........ Preferred.. National Banks Peop-Lib Bk A Tr Oo C OevlngtonTrABkgCo Bank of Commerce., d 387,500 Citizens Bk A Tr Oo. Common........ 200.000 Preferred 350,000 First Nat Bk A Tr Oo 1.000.000 Second Nat Bank... Union Bank A Tr Co Security Trust Oo 935,414 225,297 454.376 150.000 150.000 500.000 MASSACHUSETTS March 31 State Institutions March 31 Nomi nal. ■> Boston— First National Bank. , 46% 29 157 42 29 % 163 46 Web A Atlas N Bk.. People's Bank 100.000 Security Bank 300.000 KentuckyTitle Tr Oo 01,000.000 Lincoln Bank A Tr.. 750.000 Stock Yards Bank 100.000 Leuisvilie Trust Oo. dl,995,000 United States Tr Oo. 525,000 Newport- • Sale price. a Dec. 31,1936. c Retirement price. d Common q 100.000 Central 190.000 capital notes outstanding of Northwest Bancorporation. 100.000 Newport Nat Bank.. or Fidelity unified certificates. Affiliated with the First National Bank of Louisville. h Member American Nat Bank. / =:. ' and preferred stock / Citizens' Union Sav Bank., d k Units, I ... Last Sale. i'.f; % yy;, 47 460 Louisvilleof Commerce 100,000 1.000.000 Fidelity A Oolum Tr. 2.000.000 Pint National Bank. 1.000,000 Liberty Natl Bk A Tr dl.839.500 share 450 75 Merchants' Nat Bk. Nat Rock Bk of Bos Nat Shawmut Bank. Second Nat Bank— Bank Citizens' Union N B. Per . _ „ ;, '.-Vy■„ „ . ; 78 BANKS 104 TBUST AND National Bank» 1 "TOT MASSACHUSETTS 'TiZZST* I Capital $ 189,905 3.920.933 260,713 638,907 776,770 2,916,866 5.235.103 364,088 5.169,121 760.000 2.000.000 100.000 2.600.000 Day Trust Oo_._—. Fiduciary TrustOo.. ; 600.000 1.000.000 Now Eng Trust Co.. Old Colony Trust Oo <6.000.000 400.000 Pilgrim Trust Oo... State Street Tr Oo.. 3.890.000 U S Trust Oo— Common ........ Convertible pref.. 700,000 450,000 100.000 Winthrop Trust Oo.. Deposits Par Bid Ask Nomi not. Per share. cl,637,221 35,711,849 2,276,620 9,352,166 1,808,613 37.312,761 100 100 r285"" 100 100 100 100 r400 100 100 165" 330 10 LlO 2.515,765 100 .398,427 12,395,899 147,284 16 17 18** 17** d 800.000 100.000 315,728 72,025 3,846,888 1,403,253 100 100 135 70 140 75 700,850 500,000 524,517 412,282 8,302,399 7,557,871 20 50 62 616,974 6,238,848 100 425 476,348 4,515,230 Harvard Trust Co... 160.000 300,000 1.000.000 EverettMiddlesex Oo Nat Bk 500,000 Fall Biver— Fall River Nat Bank Durfee Trust Oo Fall River Trust $ % Detroit— Oom'wealth-Ooml State Bank...*., fc4.150.000 899,387 c54,581,780 Detroit Bank. Oommon........ 1,500.000 11,350,000 C132096.507 1 Preferred........ 3,750.000 \ MfTs National Bank. 3.000,000 3.521,682 126,583,923 22,541 90,983 Michigan Ind Bank k 223,129 Nat Bank of Detroiti Common——... 5.000,000 112710122 371,884,086 1 Preferred / ( United Savings Bank 1 907,869 18,652,327 / Oommon...... Preferred / I Equitable Trust Co... ] Class "A" pref... Class "B" pref... Detroit Trust Oo— J Common , 10 20 1,191,167 c19,307,614 8,730,485 234,741 497,688 147,664 427,500 800.000 100 100 100 11 72*4 500 13 75 7,661,049 3,379,743 90 205 85 ........ Gloucester— Cape Ann Nat Bank. Glouc Nat Bk of Glou 160.000 120.000 Gleuces S D A Tr Oo 340,000 849.079 250,063 163,545 162,672 3,465.130 100 10 20 1,457,308 3.682.888 20 994,136 150,469 6.694.904 2,508.694 250,000 415.000 140,530 8,007,173 73 20 60 "loo"" lis"" 10 • 10 70** 25 • 10 25 10 I mmrnm 72 mmmrn mmmmmrnm mmrnm mm 27 mm mm 20 65 75 30 35 20 23,772,566 8,743,282 2,641,624 5,118,955 20" 1,274,759 33 30 33 150 27 20 160" 30 250.000 92,654 20 11 366,146 13 Common—. Preferred........ Old Kent BankCommon. Preferred........ Grand Rapids Tr Oo. Union Bank of Mich. )1 8,265,311 J 10 16 i 10 Michigan Trust Oo.. ) 20 17 9,431.587 120 I 20 c 15 f20 Peoples Nat Bank... o rec ent sales 100 10 10 50 60 Holyoke— 336.329 J 111,311,889 c42,015.462 / 10 ....... Haverhill— 200.000 300.000 220 67 f 20 1,815,602 { 20 g 560,183 189,475 94,993 317,700 ........ 100 6,975.266 share Grand Rapids— N Haverhill Nat Bank. Merrimack Nat Bank Per 210 Flint— Olt Oom A Save Bk. Genessee Oo Save Bk ........ 600.000 inal, 50 U,916,271 ?14.799,610 f 20 1 20 37,557 980,781 100 543,771 g 6,631.465 100 Oommon Preferred........ Central Bank....... Nat Bk of Grand Rap Oommon Preferred Fitohburg— Safety Fund Nat Bk. 558,368 Merch A Mech Bank Nat Bank of Btint 10 6,395,218 818,183 400.000 [ Highland Park Trust Un Guardian Tr Oo. Cambridge— Cambridge Trust Oo County Bk A Tr Oo. Ask Norn 65 Brookton— Brockton Nat Bank Heme Nat Bank.... Bid Par Deposits ....... I1 Beverly— Beverly Nat Bank.. Beverly Trust Oo... Cross Surplus & Profits Capital ..... . t None 6,354,246 82,267,725 State Institutions March 31 MICHIGAN March 31 Cross Surplus Profits Boston— Banc Com Ital Tr Oo Boston 8 Dep A Tr— Columbia Trust Co.. COMPANIES 410,602 0 640,494 315,585 c 2,598,914 576.262 g 2.107,368 ) 32 150 10 25 22 30 100 10 I ! 9 10 50 30 20 20 Saginaw- Holyoke Nat Bank- Common........ Preferred. Park National Bank Common........ 50 Saginaw State Bank. ) - 4,794,248 20 Second Nat Bank A Tr Oo.... ) 1,809.028 c26.618.094 100 .... 100.000 171.934 150,000 Preferred... Hadley Falls TrOe.. *1,400.000 100 100 20 2.757,226 _ LawrenceBay StateMer Nat Bk 400.626 600.000 i 9,858,029 292,487 413.466 4.029.028 572.702 11,749,819 136,429 800.000 National Bank... 1.000.000 union Old Lowell 3,287,018 « ■ ■•«««* mm \\ r< ' A 25 Lowell— Appleton Nat. Bank c 60 25 7,191,740 97,069 100 25 National Bonks March 31 120 24 MINNESOTA % State Institutions Aprils 27 Nomi nal Lynn- Duluth— Central Nat Bank- 200.000 190,000 200,000 Common....... Preferred........ Manufac'rs Nat Bk. National Oity Bank Common........ 256.557 200.000 250.000 250.000 100.000 Preferred Essex Trust Oo..... Lynn S Dep 4c Tr Oo Security Trust Oo... ... 3,292,351 89,567 461,252 610,209 748,416 400.000 1 3,273,811 c 3,496,200 9.238.984 100 103 50 100 100 20 Northern Nat Bank. Pioneer Nat Bank... Western Nat Bank.. 1-57*4 385 40 425.000 410,110 464,216 411,765 200.000 90,732 648.500 121,528 725,000 500.000 8,019,270 50 9,476,468 20 5.926,006 12*4 .. Salem— ' Merchants Nat Bank Naumkeag Tr Oo— 100.000 100,000 ; 57 14 55K e I,947,996 100 3.507.983 50 N 100 100 100 sa 168 cent 66*i 16 6.524,457 1.000.000 1,500.000 285,704 14.933.914 10 1.500.000 460,000 1.000.000 1.000.000 195.000 2,434,387 18 10 10 mmm Springfield— ■ Springfield S1) A Tr. union Trust Co West Springfield Tr. 12 10 . Worcester— Mechanics Nat Bank Common.. Preferred.. Guaranty Bk & T Oo Worcester Oo Tr Oo Oommon Class A ........ t 6 100.000 389.000 990,000 100.000 k 1,226,186 1,734,266 110.371 30.237,107 (100 uoo II,894,994 25 13,981,642 25 1,700,804 25 200.000 800.000 272,002 600.000 I 700.000 1 747,467 300.000 373,371 1,907,870 4.151,279 295,459 350 "67" 63" 58 • mmm, 100 25" 25 _ Rochester200.000 125.000 f 10 10 23 176,605 •76,678 11 No re cent 4,593,481 plOO 1,820,363 100 St. PaulAmerican Nat Bank. *1,700 000 247,020 21,667,724 100 Commercial State Bk k 150.000 192,451 4,426,340 100 DrovExchState Bank ok 200,000 1,832,512 100 64,172 First National Bank. p6.000.000 6,940,513 125,542,998 plOO First State Bank.... p 100.000 a 2,044,319 100 108,083 EmplreNatBkATrOo ik 475,000 7,391*845 100 215,647 Stock Yards NatBk. * 300,000 127,110 4,191,883 <100 Midway Nat BankOommon........ 100,000 1 4,754,258 iioo 153,126 Preferred.... 1 »mm mmm sa les 360 175,000 ; First Trust Oo.—... pl.000.000 15,652,301 1100 125 1100 10 "22' 4,221,433 1.000.000 11,683,144 c30.276.134 2.0004)00 2,001,668 eioo 1,658,262 I 28,332 1,588,830 <100 22,446 20 6.766,355 136,824.954 914,069 100 34,764 5,569,736 100 173,413 384,574 16,520,158 <100 1*656,605 6100 42.568 140,055 Common..... 5,000.000 [2,959,645 115,204,895 /100 i 10** Preferred....— 2,500.000 Produce State Bank 6 100,000 40,016 1,304,594 2d Northwest State. 1,015,133 <— 50.000 13,150 Third N'west'nNBk 1,476,498 <100 125,971 100.000 4th Northwest Nat'l. k 2.831,041 <100 115,570 125.000 First National Bank. Union Nat Bank 10 Taunton— Machinists' Nat Bk. Bristol Oouaty Tr.. . N'western Nat BAT 12 10 430,288 Preferred A...... Preferred B...... . Hennepin State Bank Marquette Nat Bank 60 100,000 OentralNat Bank. 145,500 Fifth No'west'n N B. 100,000 First Nat Bk A Tr Oo 66,000.000 Midland NatBk A Tr k Minnehaha Nat Bk_ 6 250.000 200.000 200.000 Common........ Preferred Third Nat B&T Oo— Common Preferred 100 5,685,726 9,148,200 1,082,350 884,780 loo 25 re 400.000 1,000,000 Blooming' n-Lake NB 20 I Feabody— Springfield Nat Bank Common........ 100 Minneapolis— New BedfordFirst National Bank. Merchants Nat Bk.. Safe Deposit Nat Bk Warren Nat Bank 200,000 2,000.000 723,781 6,305.948 1,816,448 27,909,441 212,467 357,681 48,513 27,173 600.000 First A Amer Nat Bk Minnesota Nat Bank of Duluth........ /50 50 share. 28,866 332.139 54,834 991.989 100.000 City National Bank Duluth Natl Bk—.A: 50 3,001,811 Per Bank of Oomm A Sav / 50 25 * rnmmmm'm z 13*4 14 uoo 178.236 g 1,630,877 PlOO Sale price, w 12*4 t No a par. June 30,1936. b First National c Group, Includes savings deposits. d Convertible 6 Dec. preferred stock entitled in liquidation to $20 a share. 31.1936. f Retirement price. g Trust balances. 'V ■ h The National Bank of Flint, Flint, Mich., on May 25,1937 increased its common capital from $300,000 to $400,000 and retired its outstanding National Banks March 31 MICHIGAN preferred stock. State Institutions March 31 Nomi nal. Bay CityBay City Bank..... Natl Bk of Bay Oity. Per 800.000 400.000 People's Commercial A Savings Bank *1,000,000 60,872 182,788 2.362,870 6,461,394 100 100 9,925,836 100 share 393,012 N o re cent sa les i Member of Northwest Bancorporation. k Oommon and preferred or capital debentures I Last sale outstanding. '' American National Bank of St. Paul affiliate. p Member of the First Bank Stock Corp. r Stock has to be offered to board of directors. o 5 Old stock. t Affiliate of First National x z Ex-dividend. First Bank Stock Corp. Bank of Boston. . " ^ ' '* July, 1937] BANKS National Banks March 31 Dec. 31 d Jaekson Capital National BkOommon Par Deposits Ask Bid( * . BillingsMidland Nat Bank.. a Montana Nat Bank. 40 Sec Tr A Savs Bank. ( 187,314 335,939 200.000 300,000 100,000 600.000 757,588 40,651 602,978 93,971 132,985 2,954,088 2,900,305 3,976,622 650,000 300.000 120,050 275,396 5.283,079 5,223,924 600,000 100,000 390,000 20 MISSOURI • Preferred f 100 National Banks March 31 State Institutions March 31 12,438,154 1,144,655 12,704,586 Per 100,000 600.000 500,000 6,000.000 100.000 2.000,000 500,000 100,000 200,000 Community State Bk First National Bank. Inter-State Nat Bank Linwood State Bank. Merchants Bank Merc Home Bk A Tr Common 200,000 [ 195,000 Capital notes Missouri Bk A Tr Oo Common Preferred Park National Bank. 80,000 120,000 Plasa Bank of Oomm Produce Bxch Bank. t Traders' Qate City Nat'l Bank k Southeast State Bk.. South Side Bank— Common ..... Preferred Stock Yards Nat Bk. Union Nat Bank— 47,881 50.000 ........ Common Preferred 328,946 9,970 140,374 131,726 200,000 100.000 University Bank First National Bank. Nat Bk of Commerce 135 225 First Nat BankCommon 100 7,855,060 150 170 Preferred A Preferred B Lire Stock Nat Bank J 0--- 8,782,799 <7100 6,191,195 (100 98,028 Uoo Institutions March 31 State NEBRASKA 200,000 300,000 860,000 e 1,391,719 (100 130 120 602,200 500,000 147,800 450,000 Omaha Nat Bank— Common Preferred Packers' Nat Bank: 135"" 125" 100 130 Common... 140,024 42,741 50,000 50,000 400,000 30,370 8,337,746 62 1,159,975 100 65 65 /100 50 65 100 6.271,444 616,087 26,131.066 176,184 113,386 \ 8,866 1,737,676 1,038,139 100 100 562,134 100 I 10 t » ( 150 225 20 20 20 20 ..... 25 a20 o20 100 316,963 12,171,531 687,813 42,735,242 (100 160 150 Uoo 51,213 e 250,000 450,000 el.100.000 Preferred U 8 Nat Bank 100 266,636 28.231,022 94,000 50,000 Common........ 75 75 606,238 1,217.069 100 100 18,716,231 11,008,532 106,000 Preferred South Omaha Say Bk Stock Yards Nat Bk ... 550,000 100,000 al00 165 240 \100 429,524 661,166 1,250.000 978.500 ... 100 share. 9,356,668 (100 Omaha— 100 100 1,402,025 3,663.641 2,358,582 186,017 300,000 . 100.000 100,000 100,000 Union Ay Bk of Com 155 90 200 100 les Per 100 100 cent Nomi nal. Lincoln— y Continental NatBkCommon..... Preferred 100 100 100 100 100 900,000 1.192,500 ... Westport Ave Bank. share 120 405 82 110 375 73 150 70 500 320 100 100 53,787 1,703,825 1,492,422 20,732,435 113,909 6,428.723 3,735,478 163,315,033 38,657 1,025,671 4,282,222 117,196,583 1,061,021 24,035,276 47,792 1,353,559 154,741 3,575,833 o re sa 100 100 Nominal FanffAff CityBaltimore Bank.... City Nat Bk A Tr Oo Columbia Nat Bank. Commerce Trust Oo share. 4,182,322 (7100 2,565,572 100 2,898,992 100 Helena- 50 Vioksburg-— National Banks March 31 Per 306,649 Common........ les 100 100 61,832 Ask Bid Nomi nal. N First National Bank. Miners NatBk Metals Bk A Tr Oo. 0 o 292.050 375,000 242,500 i Par Butte— 100 cent FirstNat ATrOo.__ * Merch NatBkATr Oo 150,000 100.000 209,154 149,911 119,869 100 9,959,057 8,393,602 Meridian— Citizens Nat Bank.. First National Bank. Mer A Farmers Bank Cross $ % 30 March 31 Deposits First Nat BkATrOo Jfc Union Bk A Tr Co- Preferred Depos On Bk A TrOo Jackson-State N Bk. 9,646.224 I 295,485 150,000 174,000 640.000 300.000 . State Institutions Surplus & Profits Capital Nomi nal Per share $ 105 MONTANA Cross Surplus & Profits Capital National Banks March 31 Institutions State MISSISSIPPI TRUST COMPANIES AND 2.390,956 (100 ■ 52,309 137,463 778,968 933,763 100 25 6,903,399 (100 UOO 23,972,994 100 225"' 255" 15H 13 H National Banks March 31 15 140 195 70 NEVADA 160 55"" Nomi nal. Reno— First Nat Bk in Reno d Per 500.000 777,879 21,775,853 share. 100 Bt. Joseph— American Nat Bank. Burnes Nat Bank... First National Bank. First Trust Oo FlrstStJosSt'k Y dsBk Tootle-Lacy Nat Umpire Trust Oo Bk. Missouri Vail Tr Oo. * 200,000 200,000 500,000 100.000 250.000 200,009 200,00o 136.000 100 217,100 8.009,078 210,267 432,622 146,927 79,480 276,086 108,651 64,977 4,206,211 100 7.471,713 100 100 2,980,449 4,001,773 2,486,458 2,253,116 1,084,317 N Bank, o March re cent 100 100 ■ 200,000 150.000 200,000 Amoskeag Nat Bank Manchester Nat Bk. Merchants Nat Bank 107,500 92.500 336,576 Boatmen's Nat Bk.. 2.000,000 Bremen Bk A Tr Oo. k 400,000 Cass Bk A Tr Oo k 450,000 First Nat Bank 10.200.000 Industrial BkATrOo 600,000 JefTerson Bk A T CoCommon 200,000 62,516 * ( 20 120 100 1.992,989 1,910,012 286,175 213,971 7.030,513 376,539 2,543,401 49,505.759 5,587,039 5,721,387 224,407,075 9,239,763 130,000 100,000 69,721 2,738,278 640.242 82,915 6,006,070 50,000 50,000 32,275 600.000 500,000 350,000 Common........ Preferred Manufacturers Bank A TOo Manchester Bank... Mutual Bk A Tr Co.Plaza Bank (The).,. Sec Nat SavsATr Co Southern Commerc'l 550,758 698,021 172,190 140,374 713,328 Indian Head Nat Bk Jfc Nashua Trust Co— Jfc SeoondNat of Nashua Jfc 7 18 50 20 38 40 100 95 105 100 100 17 (20 41 125 42 First National Bank. Common Preferred 60 62 New Hamp Nat Bk. (100 68 35 5,682,051 5,828,150 6,618,653 100 100 ' 100 ' v 100 * ' •• -"I 200,000 400.000 600,000 '■V N 0 re cent sa les " 100 Portsmouth— 250,000 150,000 200.000 J 87,198 34,598 3,220,104 (100 1,222,795 100 100 ——— National Banks March 31 887,861 (100 Uoo 200,000 350.000 NEW JERSEY State ^Institutions al00 20 100 50 20 5,061,006 7,586,987 3,323,267 16,285,063 19 85 100 10.703.757 175 Atlantic City— 21 Per Boardwalk Nat Bank 155"" 90 24 27 195 400,000 670,251 Bankers Trust Oo— Common Preferred— 120,000 343.783 98,969 1,604,057 (100 \ 10 873,124 4,514,886 / 10 \ 10 308,520 1,553,930 (100 \ 10 4,771,566 100 60 shore mmrnrnm rnrnmmm Guarantee Trust Co- Chippewa Trust Oo_ k Baston-Taylor Tr Oo k 340.000 250,000 300.000 100 64,063 154,905 207,025 3.210,014 4,024,867 4,821,510 593,907 14,316,714 8,715,360 100 50 20 130 185 100 ; 65 2,898,224 2,656,102 4,337,525 100 100 100 165 48,445 41,417 225.054 500,000 2,350,401 Common Preferred 15 75 6294,348 V 100 75 10,000.000 100 5,262,863 149,057,275 195"" Common _ .—— Preferred 70 ... a.MN^BW k 1 - 138 140 Mercantlle-Oem► merce Nat'l Bank. 350.000 Miss Val Trust Oo 6.000,000 Meund City Tr Oo * 246.759 North St Louis Tr Co 300.000 . Nerthwest'n Tr Co.. 800.000 Webster Groves Tr.. 100.000 224,958 2,700,610 23,498 240,245 316,817 177,037 100 25 4,173,303 6,866,423 2,538,012 4X 36^ 100 20 100 100 5,577,635 87.327.758 2,188,082 50 25 85 190 4X 37X mm 95"" 220 25,354 328,531 84,083 100 2,247,766 9.816,393 2,412,309 100 100 Y 7 9 ~""2H ~~3H 585,000 202,826 5,196,379 100 55 65 300,000 2,275,242 862,175 10 5 9 10 5 Seacoast Trust Oo... 100,000 < 195,000 95,572 Bayonne— Jfc Broadway Nat Bk Bayonne Trust Co.. 128,485 400,000 1,411,848 10,364,304 100 418,262 249.500 575,000 249,750 113,412 227,175 130,836 1,826,517 5,079,137 1,443.790 100 100 20 .. Bridgeton— Bridgeton Nat Bank. k Cumberland Nat Bk. k ♦ 288,700 600.000 100.000 225,000 1,184,518 Asbury Park A Ocean Farm A Mer Nat Bk. Jfc Springfield— j/3 Equitable Trust Oo— Grove Bank—— Southern Missouri Tr 361,560 542,360 457,901 523,468 Nomi nal. A Savs Bank * 424,000 South Side Nat Bk— 400,000 Telegraphers Nat Bk 600,000 Tewer Gr Bk A TrCo k 800,000 United Bk A Tr Co.. 1.000.000 Oituens'Bank...... Union Nat Bank.... 100 245,542 5,185,986 3,115,258 2,144,277 75 I5o ... Capital notes A... Capital notes B... JefT-Gravois Bank.. Lemay Ferry Bank— _ Merc Com BAT Oo- 875,501 Nashua— _ Lindell Trust Co.. NomUnal. Per share Manchester— 100 St. Louis— Amer Bxch Nat Bank Common Preferred Baden Bank nEW HAMPSHIRE ataUMa^tSl0n9 les I— Sale price, 5 Dec. 31, c a 40 mmmmm 100 iB 13 15 Retirement price. June 30, 1936. Transamerica Corp., San Francisco, Calif. Member of Northwest Bancorporation. / Includes reserves. g ""75" 1936. d Owned by the e 100 4 i Member First Bank Stock Corp. h Reserves. i March 31, 1937. Jfc Preferred stock and common stock or capital debentures outstanding. I Last sale. s t \. Member of the Guardian Detroit Union Group Inc., Detroit, Mich Preferred stock retired. BANKS 106 Notiona i Bants March 31 NEW JERSEY Capital AND COMPANIES TRUST National Banks March 31 State Institutiont Dec. 31 NEW JERSEY Par Deposits Bid Capital Ask Dec. 31 Gross Surplus <fe Profits Gross Surplus & Profits Institutions State ; Ask Bid Par Deposits Nomi nal Nomi nal. $ 722,550 396,190 Oamden— FiratOamNatBATCo ^2,192.891 Camden S D A Tr Oo d3,287.500 Merchantvllle Nat'l Bank A Trust Oo. d 224.375 West Jersey Trust Oo dl ,448,000 BanS^TrOo 25.320.445 Per 12X 3K 10 95.600 Ampere Preferred A 115,690 2,494,024 549,126 19,787,058 6 30 100 100 10 125 9 10 48,286 72,931 930,017 539.424 100 100 18 25 30 50 50 90 5 95 524.769 471,462 398,014 200,000 200.000 1,000.000 Treaton Banking Oo Trenton Trust Oo— dl.880.000 Prospect Natl Bank. Security Nat Bank.. 6J4 10 a . 2.603,887 2,792,870 1,630,456 10 72 80 400,000 Blisabetbport BkgOo d Woodbury— A Mechanics National Bank— First Nat Bk ATrOo Woodbury Trust Oo. 20 15 1,523,333 1,888,647 20 a 81,731 324,652 100.000 500,000 Seaboard Trust Co.. H 18 50 10 if 6 6 r 100.000 200.000 100.000 50 10 15 25 a 6,817,777 16,234,504 3,903,941 3,911,214 12,082,174 a Hoboken— Columbia Trust Co.. d Farm H ""~4M 232,300 145,324 31,602 170,872 343,258 a dl.310.000 Central Home Tr Oo d 500.000 Elisabeth Trust Co.. <21,022.250 Union County Tr Oo dl,114,345 Nat'l State Bank— "23" mmmmpe 8" 10 10 Nn*innal Banks March 31 mmmmm 10 4 State institutions March 31 NEW YORK rg- Nomi nal. Per share Albany— Jersey Oity— 2.225.000 400,000 Franklin Nat Bank., d Hudson Oo Nat Bk— 1,250,000 Preferred 1.500,000 75,960 962,265 122,195 Mt. HollyUnion Nat BkATrOo a 200.000 100.000 Farmers' Trust Co.. 43 100 Nat Bank of 57 4 Cl 5 r % "5" Marine Midl'd Tr 50 100 7,936,907 6,984,708 1,600,834 9,668,020 25 10 50 <50 3,054,210 1,743,165 50 150 884 000 a Mt Prospect Nat Bk. d Nat Newark A Essex 144,130 n d 330,507 875,000 Flatbush 200,000 50.000 Common Preferred J 437,455 New BrunswTrCo— ... Preferred 300.000 471,426 North & West Hu deon— IstNat Bk of Un Oity d 339,148 Nat Bk of W N Y— 100.000 Common... 44.000 Preferred Hamilton Nat Bank ofWeehawken Liberty National Bk Guttenberg Merchants TrUnCity c Oomw'lth Tr Un City d Gutt'b'g Bk A Tr Oo 247,500 69,914 J 133,506 u J» 27,131 n 100,000 700,000 600.000 100.000 -a a e Weehawken Tr Oo Woodcliff Trust Co.. 145,000 21,305 53,570 333,480 150,325 102,917 365,000 n HudsTrOoUnOity. 4* (72,300,709 r,; 14,454 Passaic— Passaic N BkATr Oo <22,500.000 5.828.686 ft 100 ...... jffat \ 880,515 / 754,271 104,144 491,617 338.623 1 Preferred 609,699 135,281 463,020 \ 8H 25 re cent 100 100 sa les 100 25 300 13 II 375 • .V-* ...... 100 N 0 -iv re cent •• 1,258,222 4,013,797 6,546,156 lea ' • V and o d 500.000 500.000 io.ooo.oco 1.500,000 400.000 903.000 6.609.400 37,400 25,666.681 473,815,000 686,500 a 6,980.600 125302 328 1939774000 7,932,179 78,405,000 371,200 a 2.987,300 3,610,600 50.457,000 104479126 515.350,000 1,932,626 a27,512,336 189,000 a 5,069,100 159,100 a 8.219,100 a 29^ 118 72 66 46 > ) 48 185 191 " -- • m 960 ) 1995 ic5o" 2035 ) "155" iiv" ) 50 mmmmm 165*" "25" 50 mmmrnrn mmmmm 65 ♦Sale price, t Marine Midland Corp. Includes c Preference stock. d Common and preferred stock capital debentures 10 c~~6 12,936.183 a 00 95 Includes reserves. h Affiliated with the Trust Co. rl2H \12», 7 outstanding. Represents capital, surplus and g J "j,-v ' stock. security undivided profits. f Preferred stock retirement fund, 125 24 >a '■ , March 31, 1937. a mmmrnrn.. "155" iio" 25 50 mmmmm 9 1,879,878 100,270,000 7.000.00U Merchants BkofN.Y 105 Nat Bronx Bank.... 6C 1 "75" 945,569 116.624 87,950 427,501 424,397 650.000 First National Bank Grace Nat Bk ef N.V 9,510,051 J mmmmm are Chase Nat Bank: Oomm'l Nat Bk A Tr Dunbar Nat Bank.. Fifth Ave Bank 100 17,758,638 / 50 460,760 Bk of the Manhat Co 20.000,000 Bank of Yorktown.. 1,000.000 0 100 20 200.000 250.000 150.000 150,000 625.000 Amalg Bank of N Y. 'r 277,211 Preferred mmmmm em . n 4,252,475 9H r'ed net N ew York Ci ty banks are late Mar. 3 1 '37 Bur plus and p rofits are of of July 3. 1937 (tend r ecord e banks, a for National ana Mar.Zl 19 37 for Stat klyn m nv be rk City and of banks and trust companies in New Yo 195, 196. found in our "Rai Iway ' Secti on, pages 1 91,192,193 It 223,618 [ 364,082 9H New York City— Deposits 100 Common....... 34 J4 25 3,982,666 4,470,204 County Kingston Trust Co.. 26 2 Ulster State of N Y Nat Bk 26 / 14 Z2X 10 8,257.147 Trust Oo 5 3 3.969,978 ( 50 1 60 J 23H 13 8 e Common € 12.335,243 500,000 995,000 300,000 200.000 500.000 400,000 Debentures "A" Debentures "B"__ The First Nat Bank Bank of Kingston. Rondout Nat Bank. 100 29,739,091 21X 10 5,210,809 10,016,293 650,000 Nat'l 32 I 50 2,116,306 1850 1750 12.055,950 12,699,207 Kingston— 25 Prospect Pk Nat Bk 788,154 First NBk of Rondout 9 \ 20 J Paterson Sav Inst... Hamilton Trust Co.. U S Trust Co- 1,554,255 6 1 mmmmm 76 119 ..... 10 12,633,370 / 50 1 800.000 p1.237,500 Nat Chautauq Oo Bk 30 6X 1,108,554 9,561,342 * t <8,000,000 18,681,434 159,041,732 u~ 2.000,000 J : j: ' 650.000 250 11,963,348 flOO Preferred 42 10 457,924 Citizens Trust Oo— Common.... Chemung Can Tr Oo First Nat Bk A Tr Oo Union 20 J 55,557 54,739 mmmmm 114 100 2,308,633 90,219,214 Common 20 1 Haledon Nat Bank, "56" Jamestown— 50 1 50 Bank of Jamestown: fflrst National Bk— Preferred lea r30*" 100 Preferred a ... rnrnemmmm "65" cent *a 3,003.627 7.588,965 27.632,518 1,285,375 "30" "37" 100 100 52,164,022 50,557 8,361,536 Tompkins Oo Tr Co. re 50 1,027,494 5,451,386 5,423,000 3,302.606 200,000 5.000.000 Ithaca— First National Bank 110 Common Plainfield Trust Co. Utate Trust Oo Paterson— Preferred 32 JlO a Mid-City Trust Co.. Second Nat Bank— Common 29 1100 I 100 100 70 Elmira— "30" "32" /100 1.329,143 125 95 2,828,300 126,400 2,479,765 112,699 2,731,400 73,900 \ 3,028,500 2,400 2,917,700 258,100 6,734,400 174,300 5,518,100 323,800 5,571,711 121,215,468 6,172,900 44,046.700 2,200,000 2,700,000 Common........ 25 1,289,044 I 500.000 Capital notes..... 25 4,498,351 8.200.000 Marine Trust Co: 18 128,999 55,156 700,100 142,138 Un Bk in Pat'son Paterson Nat BankCommon "2" 42 982,650 550,000 ! Mfrs A Trad Tr Co. 25 1,792,251 50O.0OM . 43 44 4,383,443 1,298,125 1,224,827 17,214.818 3.872,906 a .. 16 29,313,058 4,976,687 Plainfield— Iflrst National Bk Plainfield Nat Bank. j 41H 50 1 937. st Co. retur ns date Mar 31 200.000 250.000 ! Lincoln-E Side N Bk d - a .. 10 1,496,968 274,407 People's Bk A Tr Oo. Debentures 10 25 ■*;:> ■ cent Buffalo— 116 9 25 1200 o 50 les 225.000 273.000 Liberty Bk of Buffalo Common. J.... 1 110 550 15 Bklyn Nat Bank Kingsboro Nat Bank Lafayette Nat Bank. People's Nat Bank.. Brooklyn Trust Oo: Kings Co Trust Oo_. *36"" 34 8 10,435,656 100 100 Fort Greene Nat Bk. N 0 Peoples Nat Bk— 9,624,021 9,972,949 7,510.690 I Oltlsens Bk of 100 45 Banking Oo National State Bank 669,210 463,460 497,477 Nat. banks Afar. 31'37 80 r 100 100 25 Franklin Wash Tr Oo d 60 100 100 Brooklyn-—State B ank dk Tru 160 60 3.000.000 1,357,779 40,479,747 500.000 gl ,732,473 22,221,658 2,689,458 592,430 d 526.979 a Clinton Trust Oo 2,018,757 56,479 400.000 a Columbus Trust Oo. 1.622.500 al ,413,382 35,381,494 Federal Trust Oo 140,572,842 Fidelity Un Tr Oo— d8,000.000 a6,896,387 18,530,755 2.500.000 al,885,167 Merch A Newark Tr. 3,041.399 96,097 387.50C n Union National Bk.. d 5,873,854 580,456 600.000 United States Tr Oo 9,700,006 1.075.000 a 395,354 West 8ide Trust Oo. Lincoln Nat Bank... 6,554,500 5,987.406 Bensonhurst Nat Bk 100 25 58,962 437,820 100,922 a Co : "27" "40" 15 1,361,491 8,817,496 6,293.415 1,255,047 150,000 600.000 250 400,000 600.000 <500.000 Oity National Bank. First National Bank: 7 3 NewarkNewark 450" 332,894 114,184 Auburn Trust Co— 2,604,837 Bank of Commerce of 440 240 50 50 400.000 703.000 Auburn 8 v- 429,463 143,764 614,568 100 100 Auburn- 303,729 341,122 68,225 814,495 500.000 200,000 600.000 10 Binghamton— 2,834.611 3,316,378 53,760,310 68,497,225 35,380,774 250,000 1,376,932 Mech A Farmers Bk. 1,50(1.000 5,114,079 Nat Com Bk A Tr«. )n State Bank of Albany d2,999.900 *2,320,678 248.692 First Trust Co.—. <22,990.000 ;; 600 r30 54,432,263 1,140.000 13,577,365 2,500.000 Preferred A 29.515 West Bergen Tr Co.. d 400.000 Long Branch— 48,964 230.000 a Long Branch Bkg Oo Common Morristown Trust Oo 8 65,383,465 25 "54" 6 23,866,438 m* 1,143,105 I0u CommercialTrNJ.. 3.400.000 a4,547,461 a 824,418 N J Title Guar & Tr. <23.008.748 38,195 North Bergen Tr Co. s 100,000 Trust Co of N J— Morristown— First National Bank. National Iron Bank. d American Trust Co.. d 100 9 31,470,715 ( 25 \ 30 ) 337,682 100,000 Bergen Trust Co.... 90 51,860,381 100 3,479,105 37K 1,084,981 n „ Common Common 6 —... % a 500,000 274,165 ... New Brunswick Nat'l Bank of N J 20 t Preferred B...... Elizabeth— First National Bank. share, 150 12,709.235 47,059,854 901,338 1.087,498 33,691,420 24,046,366 469,875 1,151,947 Bank. dl ,000,000 wirst-Mech Nat Bk. <23,189,000 Broad St Nat 14 Per $ Trenton— share. 12* 12M 1,157,320 8,965,782 101,243 523,226 200.000 9*AI°X,?nTrU°t °°: 26,lf2,714 | < Controlled by Marine of New Jersey, Jersey City. Midland Corp. Green Island, N. Y. and the State Bank of consolidated on June 1, 1937 under the latter s title. and assumed the liabilities of the * The Green Island Bank, Albany, N. Y. The State were Bank took over the assets smaller institutions I Last sale, n Dec. 31, 1936. special dividend of $6 a share, payable ^ p The First National Bank of Horseheads, Horseheads, N. Y. was placed in voluntary liquidation on June 2, 1937, and then absorbed by the First National & Trust Co., Elmira, N. Y. o Fifth Ave. Bank of New York, N. Y. declared a $10 in addition to the regular quarterly dividend of July 1,1937. — : , t r Preferred stock retirement , . price. announced s The North Bergen Trust Co. of North Bergen, N. J., on June 28, 1937 that control of the institution was purchased by a group local business men and prominent citizens from certain New York interests, u Reserves. , , ' , of AND BANKS July, 1937] I National National Banks March 31 NEW YORK Capital Surplus & Profits Banks March 31 "late Institutions Capital Cross Ask Bid Par Deposits Nomi d afs Bk of Athena Tr Oo_ Banca Oom It Tr Oo Banoo di Nap Tr Oo B'kof Montreal Tr Oo Bank of N Y & Tr Oo Bankers Trust Oo. Bronx County Tr Oo Cent Han BkATr Oo Chemical Bk & Tr Co Mar. 500.000 2.000.000 1,000.000 1,000,000 6.000,000 25,000.000 s2,642.500 21.000,000 20.000.000 555,100 13,010,763 74,400,100 257,500 67,456.800 54,108.700 3,528,100 11,324,107 17,929,400 293,600 173,551,826 835,517,400 19,428,000 899,717,000 539,363,100 100 100 ... Debenture notes. Preferred Westches Co Nat Common...... 10.000.000 12,727,000 8,838,600. .20 50 25 10 20 "105" 115"" 10 460"" 63 # 65# 11# 120X 123# 63 61 18 16 16 17# 63# 64# 29# "30# ... tarrytoton N B&TrOo White Plains— Oitixens Bank-... S Peoples NBA T Co: Common 20 50 49# l-M 52 51# 12# 2,681,600 Jl,792.997 68,342,497 20 301,709 600,000 Capital notes..... 1,200,000 Genesee Vail Tr Co.. S2.560.000 481,013 Boch Trust & 8D0o 1.000.000 3,065.948 Security Trust Oo— Common.. 300,000 2,008,697 Capital notes.... 200.000 Union Trust Oo: Common 3.000.000 U.276.703 Capital notes.... 1.000.000 18,021,590 13# 50 2,800,000 2,500.000 Common Preferred.... 5.482,222 3,251,287 3,362,372 1,657,585 107,054 1795 35 49 37# 20 I 50 22# 51 ... 24 46,654,523 1100 8 1,861,879 *40" 25 "Bo" 184.199 7,582,120 100 123,770 4,246,151 25 24 29 1,252,970 13,257,733 20 *45" "Bo" v 464,464 5,397,301 25 22 26 488.998 6,758.337 10 26 32 48,315 8,834,826 /20 26 1# 2# 15 10 \ 20 Nomi nal. Per ehare t Asheville— First Nat Bk A Tr— 300,000 e 80,797 3.112.924 366,739 450,126 486,987 1,741,560 5,120,792 10,534,206 6,461,896 55,975,167 o Charlotte Nat Bank. e 475.000 Commercial Nat Bk. 600.000 Union Nat Bank— 300.000 Amerlean Trust Co.. 1.200.000 Durham— Oitixens' Nat Bank. 150.000 45,000 1,067,168 136,572 100.000 90,016 214.000 o 57,800 150,000 53:000 Fidelity Bank Depositors Natl Bk. 500,000 200,000 Security Nat Bank- <28 20 700.000 100.000 120 o j 123,686 J 316,738 50 60 x 100 xl80 100 £175 185"" 100 £178, 285" 1,996,500 1.170,000 3,546,752 72 10 40 11 HH OO 10,515,595 / 65 75 15 45 50 100 25 20 25 25 1,186,000 12,320,149 1,909,779 " v. , 10 \ 10 N o re cent Raleighe e 184,000 300.000 121,582 281,054 400.000 \ 400.000 100,000 798,963 25 765.150 642,468 17.713,290 100,000 Began bus. Jan. 28. '37 Raleigh Industrial Bk sa • lea 100 Wilmington People's Sav Bk A Tr 31,358,134 12 6 "SSM!T NORTH CAROLINA Common 26# 113 18 8 50 im 400.000 First Citizens Bk&Tr 25 20 17,392,342 36,523,084 13 I* Greensboro— Guilford Nat BankCommon Preferred | 20 10 10 v<» > 400,000 ts .... Preferred-....... ....... 1350 Wflm Rav A Tr Oo mmmmm, ........ | <30 Preferred.....—. Nat Bk of Wilson... Winston-Salem— Mohawk Nat Bank- 25 2,701,350 7,874,511 10 Wilson— Branch Bkg A Tr Oo Common Schenectady— 147,187 16.551,210 [100 1100 25 1,906,133 300 275 #160 First National Bank- 200,000 L 253,590 Common Preferred Union National Bank Oitixens Trust Co— ........ 202.440 5,930.999 110,000 V 90.000 Gommon ~g\0" 1 10 8,669,059 7,179,236 15,166,692 100 300,000 750.000 335,723 510,191 1,291,945 1,200.000 806,414 21,650.325 20 750,000 200.000 309,704 400.000 Schenectady Tr Co.. m* ~ m, 100 i0< Preferred Wachovia RV ATr 1,620,000 7.175,000 896,489 1,000,000 1.400.000 996.987 Si ,400.000 600.000 S 650.000 1,460,117 Common Capital notes..... 37 30,327,134 I io 100 mmmmm mm "135"" <mmm 140 39 Nomi nal. 19 17# 8,289,732 [20 I 20 53,334,112 I 10 NORTH DAKOTA March 31 Capital notes..... Syracuse Trust Co.. 2,189,561 76,773,775 "165" National Batiks Lincoln Nat B A TOo Merch Nat D & T Oo Common........ Preferred......... First Trust A Dep Oo Common........ 83,812 2,087,451 «4 oon.onn mm — mm Syracuse— -I 96,692 > 2,596,439 12# 45,594 21,823 68,004 r 300,000 ...... 4 % Cony .Preferred Central Trust Co— Common. 10 55,989 ; Home Ravings Bank Mech A Farmers Bk- ""94" 104" 100 1745 Rochester— V | 433,478 50 Charlotte— 200 352,400 4,259,916 50 9# 100 28.615,161 50 47 131 128 {.? 1,988,824 share, 10C lOf 319 9# 20 100 rto Per 1,511,000 2,447,388 350,000 in Yonkers....... Yonkers Nat Bank A Trust Co— "15# ""44"" 25 % prices 800,000 Central Nat Bank First National Bank > i 20 Ask Bid Par 200.000 150,000 580,000 County Trust Oo Yonkers— .,r "31A" 5,557,500 Lincoin-Aliia Bk&Tr Common... . 550.000 345.000 31,304 | 550.000 195,500 200.000 Preferred........ "85" *95"" 100 100 10 100 25 10,323,300 86,217,051 Jamaica, L. I.— Jamaica Nat Bank.. BkATrOo.. Mutual Trust Oo. five—Rye Nat Bk... Rye Trust Oo "255"" 270"" , .Cross Deposits $ 218,200 165,843 300,000 „ 100 100 90,751,000 18,999.300 100,000 500,000 Pleasantvillb— V Mt Pleas Bk&Tr Oo Port Chester—1st N. 30 10 25 852,300 1.000.000 2.000.000 500.000 30,000 Common^— Preferred.. 100 218,300 Trust Co of Nor Am. Underwriters Tr Oo. U S Trust Oo of NY 170,000 —, ........ 4,268,200 * Peekskill N B&TOo "33* 10 . Convertible pref.. 9.838.920 Marine Midi Tr Co.. 5.000.000 8,831,365 98,193,041 New York Trust Oo 12.500.000 27.781,338 355,221,394 147,200 Pan American Tr Oo 600,000 3,125,800 Common Peekskill— 39# 10 7 20 ■ 2.500,000 Institutions Ma rch 31 Norn. 200,000 400.000 Oo. s 17 # 12 # "loo "450 Colonial Trust Oo... 584.800 1,000.000 7,069,400 Continental BkATr. 4.000.000 4.014,660 69,767,335 Corn Ex Bk & Tr Oo 15.000.000 17,452,009 303,618.905 368,200 Corporation Trust Oo 500.000 41,300 Empire Trust Co 3.500.000 4.069,978 79,873,648 Equitable Trust Oo. a7.000.000 8,682,800 25,688,600 Federation Bk& Tr Co 825.000 1,008,900 11,047,900 Fulton Trust Oo 2.000,000 2,916.162 23,200,000 Fiduciary Trust Oo.. 1,000.000 1,102,600 10,836,500 Guaranty Trust Oo 90.000.000 179693213 1602377017 Hellenic Bk 6c Tr Oo. 245.003 1,000.000 3,388,451 frying Trust Co..... 50.000.000 60,860,400 556,254,000 Schroder Trust Co.. 1,000,000 1,306,800 16,532,100 Lawyers Tr Co... 2.000.000 2,127,354 42,466,459 Mfrs Trust Co: Common 32.998,120 [42,428,982 618.917,749 Savings Banks Tr Co Title Guar A Tr Oo— & Trust Oo 42 Surplus & Profits Westchester Co. (Concl.)OssininQ—lat Nat Bk Ossining Trust 100 City Bank Farmers' k_Trurt Oo._...... 10.000,000 13,830,700 131,656,700 Clinton Trust Oo... e 800,000 502,600 7.603,400 . '■ Per 31, 1937 112,500 785,908 600,000 State NEWYORK March 31 N. Y. City (Concl.) National OTty Bank 77.500,000 56.404,200 1,660,527,000 12# 824,400 cl4,3&7,000 12 # NatSafetyBkATrOo si .014.300 Pann Exchange Bank 241,000 c3,222,800 10 330.000 Public Nat BkATrOo 7.000,000 8,324,372 130,575,000 17# Schroder Bkg Corp. 6.000.000 02,002,202 020,157,963 Sterling Nat B A T._ 1.500.000 1,553,547 C26.394.446 ""26 246,900 c6,043.400 12# 206.300 Trade Bank of N Y— Trust co. returns 107 TRUST COMPANIES 9# {„! 27 U? Per Fargo— g20 Dakota Nat 10# Fargo National Bk.. First Nat Bk A Tr Oo 1 161,715 n Nor A Dakota Tr Oo 500,000 150.000 250.000 e e 109,613 129,596 199,947 61,491 o 0,012,102 2,971,265 ehare. 100 2,728,159 1,810,784 100 N Common........ Merch Nat BkATrOo 29 f S201.000 50,000 Bank.,. n 100 25 O re cent •a lee 100 Troy— Manuractur Nat Bk. National Oi;y Bank. Union Nat Bank... Troy Trust Co.. 628,493 129.366 37.544 S448.500 23,657,366 < 25 25 10,465,843 6,931,878 3,764,161 —21" "25"" 8 National Banks March 31 9 30 20 OHIO State •v Institutions March 31 Nomi nal Utlca— 1.000.000 I 955,000 First Citizens Bk A T Preferred Oneida Nat Bk & Tr — ...... Common 600,000 .... . Preferred........ 199,000 J 425.564 3 35,250,241 [2# X 10 3# 500.000 210.000 .... Preferred........ Northern N Y Tr Oo 125,600 Common........ Common 200,000 1 ... Capital notes ... — 1,241,645 100,000 500,000 280.000 171,646 Goodyear State Bk— Firestone Pk TrAS B J 106,981 J 279,954 N Cincinnati— Atlas Nat Bank.... Oinn Bk A Tr Oo... Columbia Bk A 8 Oo lea | <25 200,000 350,000 174,270 166,463 3,587,533 3,794,518 20 22 100 190 Ml. Vernon—1st N„_ s 700,000 Fleetwood Bk (The). s 267,500 Mt Vernon Tr Oo. S3.000.000 585,574 165,300 668,531 12,466,698 3,651,400 inn 100 140 40 Bronxville Tr Co 858,002 71,844 22,944,725 5,077,953 *106 N 200,000 700.000 15,209,404 20,371,294 100 100 1,212,477 10,263,684 161,265 138,720 3,157,642 1,560.518 lee 100 1,271,784 461,940 a re cent J 530,430 « • 400,000 200,000 199,500 10,882,479 100 100 10 145 270 95 105 9 12 f Marine Midland Corp. , a The Manufacturers Trust Co. of New York, N. Y. on June 5, 1937 acquired the Equitable Trust Co. of the same city. Prior to the acquisition, the Equitable Trust Co. was controlled by Charles Hayden up until his death last January. ^ ... : • 997,500 First National Bank Geo. D. Harter Bank •1,200.000 o re cent sa Westohester Go— Gramatan Nat Bk A TrOo. share. Oanton— 4.080.680 f 35 t 40 10,372,949 15,443,384 sa Capital debentures 20 5,737,709 128,657 100 497,500 First-Central Tr. Co. 9,764,370 / 20 I 25 i Capital notes..... Bronxville— Per AkronDime Savings Bk Oo Common—..... Watertown— Jefferson Oo Nat Bk Watertown Nat Bk— Common.. 559,122 30 State Bkg. Dept. on June 11, 1937, approved an increase of the First Citizens Bank A Trust Co. of Utica, Utica, 31,000,000 to $1,995,000 consisting of 400,000 common shares each, and 99,500 shares of preferred of $10 par a share. March 31. 1937. b New York 6,698,896 V 10 In the capital 2# 3# 20 1 3 20 28 31 N Y. from of $2# par c Now Rochelle— Central Nat Bank. First Nat Bank Huguenot Tr Oo. New Rochelle Tr._ 316,535 ... . S 300,000 65 244,347 167,852 493,374 2,434,247 4,587,880 1.674,768 14.728,245 preferred stock or debentures outstanding. e Common and g Retirement price. by Marine Midland Corp. , - i Controlled % 37 43 k o s First report. Dec. 31. June .)• •v,i. ■ . V "'.! '[ y'-'/r.:; U'if ■"[ I Last sale, n Member First Bank Stock Corp. 4 1936. 30,1936. x Ex-dividend. BANKS 108 National Banks March 31 Cincinnati (Con.) First National Bank. State Institutions March 31 OHIO Cross Deposits Surplus & Profits Capital Par 6.000.000 fc4.678.696 77.033,387 fcl73,265 fcl ,088,171 fcl25,739 261,007 3,136,000 fc729,936 584,347 fc303,577 2.003,715 5,594,353 9,907,228 2,618,417 tTu PENNSYLVANIA StaU Mar?ltU>n$ Ask Cross Surplus & Profits Capital Nomi nal. Per share. 145 148 100 100 2,965,663 45,978,804 15,448,294 6,682,029 11,714,764 65,288,917 March Bid 100 Deposits Nomi nal. Per share. 185 175 45 42 s Allentown— Ask Bid Par 100 Nerwood-Hyde Park d BkftTr Co Lincoln Nat Bank.. Nerthslde Bk & Tr Oo d ... People's Bk ft Sv Oo d 700.000 600.000 250.000 625.000 1.800.000 Fist 8 Bk ft Tr Oo. 1.000.000 Second Nat Bank... 500.000 Be Ohio SBk ft TrOo Western Bk & Tr Oo 42,260,000 Oentral Trust Oo... 5.000.000 Fifth-Third-Union Tr ust Oo— Oommon 5.000,000 13,000,000 Capital debentures TEUST COMPANIES AND 105 200 55 .50 x?8 100 60"" "§4"" 10 100 125 450.000 500.000 I§5"" First Nat Bank— Oommon........ 9H 100 Preferred........ Altoona Trust Oo— 143 147 Preferred Oentral Trust Co.. 148 150,000 t 296,500 1100 100.000 100 X8S 10 26 29 100 110 130 6.489.999 flOO 1100 318.952 250,000 I 300,000 249,300 Oommon. 94,538,821 2*650.000 13,316,142 9,113,306 5,561,145 6,063.504 125 150 Altoona— zbh 125 8 97 . 1.569,864 2,140,701 1,174,794 885,310 L ,000,000 L .000,000 Allentown Nat Bank Merchants,Nat'l Bk. Second Nat Bank.. Lehigh Vail Trust Oo 381,338 16 100 18 125" 4,057,984 f 10 1 10 2,737.545 252,266 Iso" . Cleveland— Amer Say Bank.... fcl80,867 4,331,489 Oentral Nat Bk— Oommon........ 5.000,000 12,077,928 137.583,080 Preferred... 7.960.000 fc554,252 Clev Say k Loan Oo. 1,988,811 260,000 Lorain Street Bank. d 494,400 179,897 4,128,937 National Oity Bank. 7,500.000 3,885,326 144.684.824 North Amer Bk Oo. d 200.000 508,528 fc60,028 Cleveland Trust Oo 210 / 20 13 H I 16 Erie200.000 Bank of Erie ....... First National Bank dl .255,000 Lawrence Park N Bk 50,000 Marine Nat Bank... dl,291,000 300.000 Nat Bk ft Trust Oo.. & a24 100 60 20 100 100 Oommon......... 13.800.000 13,845,905 336.595,697 Capital notes..... 14,925.000 Union Say ft L Oo.. 2,661,156 900,000 fc360.561 ~2M 31H Union Bank (The).. 936,285 13.264,810 37,786 136,461 244,570 699 919 8,309,829 66*3 3.454,806 15 364,899 12,246,715 ( 50 10 100 100 rnmmmm mmmrnWm Security-Peoples Tr- 123 129,182 336,330 'Ji'v.'.V; 300,000 850,000 200.000 Oommon........ Preferred........ 1- a 50 50 50 62,936 1.313.270 Oapital Bk ft Tr Oo. Harrisburg Nat Bank Oentral Trust Oo— Dauphin Den Tr Oo. Harrisburg Trust Co 181,175 397,010 344,978 300,000 828,343 300,000 910,021 400,000 400.000 i 1,154,398 400.000 1.137,927 2,827,199 3,845,877 6,906,162 3,875,567 12,620,296 9,332,218 10 25 50 100 Lancaster— Oonestoga Nat Bk.. 133 400.000 600.000 650.000 780.532 974,361 447,346 10,650,859 10,602,743 8,522,968 20 20 50 300,000 390,844 6,118,643 188,180 300.000 2,160,355 10 10 10 mmmmrnm 230,043 6,860,332 51,967,725 8,784,900 10 50 36 31 38 35 20 63 58 385 390 100 Harrisburg— Allison-East End Tr. Columbus— 2,214,052 28,200.256 1,380,272 2.502.803 57,280,660 3,953,354 1,294,826 250.000 e 54,457 Olty Nat Bk ft Tr Oo 42,000,000 fcl ,281,466 Ooltunbus Saying Bk d 100.000 fc 67,246 Fifth Aye Say Bk Oo e 200,000 fc 100,756 Huntington Nat Bk. d3,600,000 2,219,529 Market Exch Bk Oo. d 200.000 fc 277,369 Northern Say Bk..,. d 200.000 fc 47,934 Ohio National Bk... c4.000.000 3,003,725 Branson Bk ft Tr Oo 100 100 c N 70.196,605 e re cent sa 100 100 100 20 les Fulton Nat Bank— Lancaster Oo Nat Bk Farmers' BkftTr Oo Oommon........ Preferred...^..... Northern Bk ft Tr Oo Daytoi Mercn N B ft T Co— Oommon Preferred Third N B ft Tr Oo. d Winters NB ft TrOo Oommon ........ . ......... Preferred 6,827,070 /100 200.000 Ifc 79,403 295.000 846,000 454,535 7.100,000 32,307.471 451.626 891.000 ..... "25 14.108.626 10 100 160 148 I 102 H .. IISH 111 [100 I 60 Philadelphia— Oentral-Penn Nat Bk 3,040,000 City National Bank. dl,108,300 ToledoCommerce Guard Bk Oommon....... Capital debentures Nat Bank of Toledo: Oommon Preferred Spitser-R T ft S Bk. Ohio Olttzens 1Y Co. Toledo TTust Co.... 500.000 400.000 ... ■ | 642,100 200,000 Ifc 161,540 175,000 600,000 206,839 600.000 685,059 1.000,000 2.522,772 4,185,641 /100 1125 I 2,360,197 15 37 50 52 303,246 Kensington Nat Bk. dl,138,517 Market St Nat Bk.. 1.000,000 4,395,109 NatBkofGerftTrOo 400.000 /l,852,139 Nat'l Bk of Olney— 58,993 105.000 I Oommon........ Preferred. 95,000 North Broad Natl Bk 182,383 250.000 Northeast Nat Bank 154,372 200.000 50 11,611,056 83,112,096 40 57 Youngstown— Dollar Say ft Tr Co- Common........ Oommon Capital notes..... 9,800,417 37,035,350 13,329.943 1.250.000 t 1,250.000 502,286 13.254,531 371,971 67,063 1,825,016 9,590,204 4,190,111 20,161.621 162.622 6,054,360 750,000 1 1,243,700 30 J 50 1165 60 100 100 50 65 63 12" ""38" 100 10 403 413 58 63 1,590,009 1° I 10 8 10 1,791,235 2,743,983 10 ....... Capital notes..... 2,426,900 Mahoning Nat Bank dl ,425,000 Mahoning Say ft Tr. d 350.000 Union Nat Bank City Tr ft Say Bk— 247,700 Corn Exch Nat Bank ft Trust Co...... 4.550.000 8,407,601 106,911,351 Erie National Bank. d 490.000 fc 144.394 2,591,162 First National Bank. 3,111.000 5,320,430 90,557,805 Gtmbel Bros BkftTr 200.000 / 2,301,541 62,444 38 36 14,157,317 J* 73 50 IOH Northw'n Nat Bk—• 86 100 2,901,344 f 25 Oommon........ 250,000 I 124,793 Preferred....—. 250,000 ( 25 20 Philadelphia Nat Bk 14,000,000 12,933,847 446,729,087 50 Roosevelt Bank..... d 270.000 39,526 2,134,000 Second Nat Bank500.000 t 8,260.815 I 10 Common........ 804.833 Preferred 700.000 1 10 145 25 15 South Phila Nat BkOommon. Preferred . ... ._ . .......- Tioga Nat Bk ft TrOo d 200,000 t 100,000 412,344 fc 115,614 30 25 a 25 mu 20 12K 13^ mm*mmnmm 14 3,106,091 I 20 1 30 2,694,295 25 4.581,437 43,525.757 81,218 2,557,693 370,845 2,677,318 493,842 1,582,135 128,490 1,325,803 17,114,838 112,496,067 700,423 (8,868,217 1,501,801 .9,667,504 12,525,549 20,862,834 11,407,063 114,939,160 1,554.527 11,097,784 100 50 100 20 : 18 15"" 8 195 17 100 48.058 118H Tradesmen 'sNational National Banks March 31 OKLAHOMA Wyoming Bk ft Tr.. d 300.000 Banca Oom It Tr Oo. 1.000,000 Broad Street Trust.. 400.000 Chestnut Hill T ft Tr 250,000 March 31 Nomi nal. Per share. Guthrie— First National Bank. First State Bank 100.000 75,000 fc 131,183 61,483 2,276.574 1,449,172 100 MoAlester— Nat Bk of MoAlester First Nat Bk of MeA 100,000 185,000 230,742 2,750,000 100.000 25 100 Fldelity-Phila Tr Co 100 2.221.225 N o re cent Muskogee— 1 Oitlaens National Bk Commercial Nat Bk. First Nat Bk ft TrOo Oklahoma City Oity Nat'l BkftTr Oo First Nat Bk ft TrOo Common.... ^ Preferred.. Fidelity Nat Bank.. Liberty Nat Bank.. Oklahoma Nat Bank. Tradesmen's Nat Bk Stock Yards Bank.. 100.000 300,000 400,000 200.000 151,013 453,085 353,835 •• les 100 2,231,712 3,543,074 4.576,461 100 2d preferred...... 700,000 d 450.000 dl ,200,000 100,000 500.000 4o;ooo 150 185 10 35 40 t 197,821 555,966 41,553 357,075 16,916 10 100 7,093,383 20,466,313 1,403,467 15,416,490 > 920,038 Tulsa— First Nat Bk ft TrOo 2,000.000 1,622,458 Fourth Nat BankCommon........ 100,000 I 214,112 Preferred. 190,000 Nat Bk of Com'erce. d 350,000 46,825 Nat Bank of Tulsa— Common......... 2.250.000 12,215,167 Preferred 1,750,000 West Tulsa State Bk 25.000 9,700 46,355,584 4,852,039 .... National Banks March 31 175 125 100 100 100 125 20 31 33 20 55.359,444 f 10 1 20 323,743 100 , OREGON *"56"' "75" 155 100 125 100 100 4.936,203 / 20 120 ....... 160 • 275,501 6,707,926 33,260,050 8,330,307 5,144,038 20,253,763 25 30 m Tr ft Safe DepOo. Penn W'h'gft SD Oo Provident Trust.... Real Est Tr Co..... Bank.. ....... 4.500.000 12,216,073 7.059,472 Security Bk ft Tr Oo. Sonsitaly Bk ft Tr Oo 8.400.000 (14593,170 239,464,886 750,000 1,066,193 1,040,633 3.200,000 14,030,224 49,833,798 1,500.000 2,526,739 10,705,182 208,502 300,000 3,187,638 14,112 125,000 775,578 mm - {i§ 18 10 100 50 mmm clO ■" 5H OH -""45"" "52"" .42 12 650 115 46 13 675 130 I08 35 55 100 50 10 488 50 50 36 mmmrnrn 40 68 9 496 74 12 Ifg. Allegheny valley BkArsenal Bank.... Bank of Ohio ' ♦ Sale price. Preferred b The First 180 104 190 108 4,068,702 115,929,234 20 37 40 3,056,845 1,215,292 638,049 11,439,176 .10 100 100 ' ^ • stock retirement price. Bank of Portland, National Ore., acquired on June 28. 1937 the First National Bank of Kloamath Falls, Ore. and will maintain it as a 100 100 100 231,496 253,837 112,308 822,065 200,000 100.000 200,000 500,000 ... Valley. Braddock Nat Bank. "115"" 92,331,524 3,890,034 " r? Penn Oo for Insur on Lives ft Grant Ann branch. e 1 Member of the BancOhio Corp. d Oommon and 3,499,969 473,830 7 6 ■Jr: 3.750,000 18,211,118 7,500.000 1.000.000 ! 1,309,934 Mitten Bk ft Tr Oo 701.970 1,500.000 Ninth Bank ft Tr Co d2,313,750 ( 878,615 Northern Trust Oo.. 500,000 3.236,902 Nor Phila Trust Co. 500.000 1,257,226 c PortlandFirst National Bank. &2.600,000 Portland Tr ft Sav Bk 300.000 United Seates Nat'l 13 X '*■- m — m 45 Nomi nal Per share 200.000 - a -■ 30 20 "35"" State Institutions Dec. 31 Eugene- 12H lio Liberty Title ft Tr Oo a First National Bank 36,853.859 (2199.305 3,000,000 Oommon........ Preferred.....*... 100 100 98 10 ;.; . 4,300,000 12,732,000 100 10 10 10 ' ... • 204 22 15 12 H 28 35 385 375 235 228 56 52 24 22 50 100 Land Title Bk ft TOo 100 5,974,351 6.700.000 2,320.000 Finance Oo of Pa... Frankford TTust Oo. 500,000 Germantown Tr Co. 1.400.000 Glrard Trust Co.... 4.000.000 Industrial Trust Co. dl.132,250 Integrity Trust Oo— Oommon 995.973 1st preferred..... 2.000.000 „ 53,496.000 / 207,030 3.300.000 .Bank ft Trust Oo. State Institutions preferred stock or debentures outstanding. June 30,1936. March 4, 1936. h Preferred stock retired. I Last (March 31. 1937. fc Dec. x 31, 1936. Ex-dividend. V Ex-rights. sale*. Joly, 1937] TBUST COMPANIES AND BANKS 1 "tS&W PENNSYLVANIA "SfT" Deposits (Concluded.) Dollar Savings Bank 05,270,885 Farmers Deposit Nat 6.000.000 h9,876,244 First National Bank. 6.000.000 6.533.820 First Nat Bank & Tr !... Co of East Pitts. Homewood Bank 400.295 637,806 199,770 962,029 172.419 453,808 300,000 800.000 660.000 300.000 200.000 200.000 _ Ask Bid Par 53.915,861 Charleston- 180 215"" 97,015.191 100 255 5,309,917 8,942,021 3,293,516 1,059,626 1,241,158 2,229,583 100 190 100 10 Preferred. 0 Common 100 South Oaro Nat Bk— 50 Bid Par Deposits 700,000 200,000 50,000 16,358,890 5,597,318 506,753 505,108 215,408 37,782 1,100,000 20 100 100 °i is 100 21 110 105 43,261,721 (100 j 503,556 1.200,000 _ Ask Nomi nal Per share. $ Citizens ft Sou Bank Carolina Sav Bank Miners ft Merch Bk 96,073.406 Gross Surplus & Profits Capital Nomi Per Pittsburgh Forbes National Bk. Fourteenth St Bank. Freehold Bank Hazelwood Bk (The) Hill Top Bank.:.... Marchftl** SOUTH CAROLINA StatMarxhSi0*1* Gross Surplus Profits Capital 109 IX 100 lioo Columbia— 100 10 50 First Nat Bk of Col. Lower Main St Bank 200.000 35,000 133,320 160,204 4,137,688 1,624,640 10 25 487,155 469,684 n 5,826,136 4,277,156 100 10 11 10>* mmmm at Pittsburgh. Iron ft Glass Dol Sav Keystone Nat Bk— Common Preferred Mellon Nat Bank Nat Bank of America Common Preferred Nor Side Deposit Bk Pitt National Bank. Sheraden Bank j. Union National Bank Union Savings Bank. Western S ft D Bank Allegheny Trust Co. Colonial Trust Co... Com'wealth Trust Co Dermont 8 ft T Co. Fanners Deposit Tr. Fidelity Trust Co... 100.000 h 172.700 128,078 430,800 1,728,716 4,290,980 60 50 100 _ Greenville— First National Bank. 125 250,000 200,000 Peoples Nat Bank... 66 63 3,965,237 / 50 200.000 170,000 I 50 7.600.000 52,110,629 292,423.485 100 | 217.719 e50 Manchester Savlitts Bank ft Trust Co. Preferred 1.599,992 f 25 100 100 50 100 195" 100 108 114 100 50 100 25 102 106 153" 106 2.461,874 25 2,451,754 / 20 41,296 t 20 XT SOUTH DAKOTAX^*"" 210 ~40" 110 155" 20 Nomi nal Per share Sioux Falls— Citizens Nat Bk ft Tr Corn Exch Sav Bank First Nat'l Bk ft Tr. 100,000 100,000 385.000 795.000 150.000 Northw'tSecurNatBk Union Savings Bank. 68.760 75,515 123,368 120,939 47,275 c 1,422,460 plOO 100 1,419,913 N 0 100 4,572,224 9,586.772 flOO 100 1,070,715 re cent sa les 50 91,492,240 5,773,177 1,777,007 1,790,893 250,261,421 6,213,881 1.844,233 2,015,000 J 72 67 50 373,747 250 22 • 65 40 6.000.000 hl0509 946 Potter Title ft"fr Co i 876.000 425.693 Providence Trust Co 234.486 160.000 120.000 54.000 .... «25 25 1,713,579 11.209,400 14288,493 29,987,068 32,944,972 3,635,169 6,698,687 29,253.433 20,800,937 2,350,322 275,600 22,393.256 21 Com'l Nat Bank— Common...... 137.500 I 66.749 112,500 150,843 200.000 700.000 i 556.693 155,661 50.000 2.000.000 3,899,502 1.000.000 3.369.760 i 475.000 371,449 700.000 h 849.042 <3,840,000 hi,739.902 1.600.000 hi .891.995 118,459 126.000 1,320,000 nl ,161,499 2.000.000 h9.374.640 245 Spartanburg— _ 260.000 Peo^s-Pittsburgh South Hills Trust Co Union Trust Co 1.600.000 500.000 200,000 175.000 400,000 Washington Tr Co.. West End Bank William Ponn Tr Co. 373,566 h76826315 nl ,046,333 165.955 94,000 1,0274249 , 126.000 47 42 5 100 SX 100 7400 100 100 9 10 40 50 12 Nomi not. Per share. Ohattanooga— Amer Tr ft Bkg Co.. Commercial Nat Bk: Common 60 50 25 35 62 64 75 149.638 2,651,543 50 75 10 Providence Bank Scranton Nat Bk— Common Preferred .... South Side Bk ft Tr. Third Nat B ft T Co- Common. Preferred. West Side Bank ....... 200.000 4.060.000 200.000 300,000 i 300.000 n 200.000 100.000 400.000 , 646,504 1.000.000 250,000 , k 20 10 4,846,282 50 15 50 30 / 15,4454244 1 25 160 1,201,457 100 2,913,499 6.25 24,919.235 100 10.100,914 100 1.000.000 1.000,000 50.000 1,567,820 1,922,172 74,238 43,927,080 31,058,494 1,308,341 100 100 100 8.500,000 4.115,827 61,494.703 10 3.000.000 3,800.000 300,900 1,000,000 1.019,941 51,002,223 587,505 875,208 8,119,701 18,208,683 500.000 1.133300 1.000.000 ,1.019.454 375.000 Bank of Knoxville Comm'l Bk ft Tr Co. 145"" 150"" 75" 49 NashvilleAmerican Nat Bank Common 50 260.600 420,537 3,005,603 25 25 160.000 200.000 h 130.923 1,823.921 25 First National Bank 760.000 Hanover National Bk i 298.750 Miners Nat Bank 2.600,000 Second Nat Bank... 1.660.600 W-B Dep ft Sav Bk. 600.600 9,051,176 14297.802 23,322.126 14.848,530 3,9244278 7,927,149 100 50 50 100 52 30 105 200,617 342,787 498.762 2,566,213 4,802,314 5,183.963 10 20 9 28 10 25 12 30 27 r 345 220 355 230 220 230 29X 30 10 100 25 10 19 20 26 27" 9,750,112 /100 1100 24,059,736 100 275 108 250,000 260.000 226.000 10X 32 50 Preferred 114 450 25 150 250 55 112 445 606.660 1,387.437 151.423 5,530,037 3.085.063 604,384 769.540 145 10 240 MemphisFirst National Bank. Nat Bk of Commerce State Savings Bank Union Planters' Natl Bank ft Trust Co. 75 25 748.858 150 35.358 115,574 1.060,872 416,976 \ Knoxville— ♦I—— ♦ Scranton— E. Scranton State Bk First National Bank. Green Bldge Bank.. North Scrant Bk ft Tr 200 368,538 50.000 < 200.000 HamiltonNationalBk < 950,000 Park National Bank. 1.000,000 40 18 3314299 46,007 1,161,869 65,216,470 1,032,657 2,341,737 944,411 5 190 1,284,923 Preferred ♦ 179,651 4,986.694 138.813 10 100 <2,900,000 275.000 Beading5,310,704 13.741,571 3,985,113 15,960,106 10,112.866 8,333,536 /100 uoo 38,237,720 100 75 703,817 1,000,000 1.800.000 hi,299,713 300.000 h 349,184 1.170.300 h2,547.223 935.399 625,000 Hamilton Nat Bank Union National Bank Berks Co Trust Co.. City Bank ft Tr Co.. Beading Trust Co.. March 31 7700 «... 9,386,058 State Institutions TENNESSEE 100 Worklngm&n's Savgs Bank ft Trust Co. National Banks March 31 10X "72" 75" Penna Trust Co- Common........ Preferred........ _ 25 Broadway Nat Bank Commerce-Union Bk Nashville Trust Co— Common Preferred Third National Bank 905,050 Wilkes-Barre— ... Wyoming Nat Bank. Willi amsDort— First National Bank WOllamsport N Bk__ West Branch Bk ft Tr 260 265 National Banks March 31 State Institutions TEXAS March 31 Nomi mat Austin— Per American Nat Bank. Austin Nat Bank 300.000 i 391,847 465.590 582.750 share. 100 100 Capital Nat Bank— 100,000 85.000 BeaumontAmerican Nat Bank. First National Bank Secur St Bk ft Trust < 400.000 400,000 200.000 3,171,716 /100 131,663 Preferred stock... York- 12,463,112 14,052,222 445,746 721,095 59,820 Capital stock..... tioo s 100 Cent Nat Bk ft Tr Co Common........ Preferred ..... Drov ft Mech N Bk. Eastern Nat Bank.. First National Bank. Industrial Nat Bank. Western Nat Bank.. York Co Nat Bank.. York N Bk ft Tr Co. Guardian Trust Co.. York Trust Co 1 260.000 200.618 195.000 160.000 335,292 100.000 26.861 600.000 551.229 190,207 125.000 523.680 225,000 861.396 300.000 537,648 600.000 600.000 741.031 760.000 hi 4255.025 2,412,668 3,203,771 639,988 7,408.864 1.585,451 4,009,559 5,668.124 4,820,011 4,255,949 7.149.692 10 5 10 100 10 10 100 2t 9 10 25" 26" 26" 21 ifi* 100 100 4,812,649 103,562,542 41.630 1.180,081 200 60 25 25 66 68 10 21K 22H 45 100 ^March*17°*** Common Preferred Common— Capital notes Mercantile Nat Bk— 8.000,000 25,000 150.000 88.500 95.488 , 1.100.000 900,000 j, 826.766 4.000.000 Nat Bank of Comm. Dallas Nat Bank... 1.000.000 3,523.163 347,746 881.728 Oak Cliff Bk ft Tr Co: Common. Capital notes Texas Bank ft Tr Co: 400.000 235.000 120.000 800.000 237.908 5.833,215 50.176 490.755 1.053.691 3,930.530 150,000 100,000 75.000 , 3.674,381 , 20 Common Capital notes 125,000 J100 26,508,097 ( 20 1100 20 64,725.006 50 150 160 41 43 215 6.420.659 100 19.483.633 20 47 61,932 2.119.148 43.654 1.785.862 75,000 jlOO | 20 500.000 Common......... Preferred. High St Bk ft Tr Co Mechanics Nat Bank Common........ Preferred........ 105.000 L 95,000 120.000 ..._ NatBank of OomftTr Phenlx Nat Bank... Providence Nat Bank Industrial Trust Co Lincoln Trust Co Rhode 1 Hos Nat Bk. Rhode Isld Hoe TrOo Union Trust Co..... 27 86,391 1.689347 246.141 1.577357 • 350,000 L 216.059 4.671389 150.000 850,000 779.404 7,419.667 450.000 940,731 3333.217 1.500.000 2.457,779 12.652.850 4.000.000 9.629,056 116.490.069 125.000 58,763 1387.139 2.500.000 2.872.123 50.365.983 5.000.000 12,017,416 42,848,896 1.000,000 1.372,412 24.784343 236,345 March 17. 1937* d A mutual savings bank. e Preferred stock retirement price. , / Member of the Northwest Bancorporation. g Affiliated with the Citizens ft Southern Nat. Bank of Atlanta, Ga. h March 31, 1937. i Common and preferred stock outstanding. k Stock all owned by the Rhode Island Hospital TrustlOo. I Last sale, i200.000 248.750 Dec. 31. 1935. 6 Member of First Security Corp. c Woonsocket Trust Co Preferred Sale price. t Citizens ft Southern Bank of Savannah, Ga., system. Woonsoeket— Common • n 3,148.157 1100 I 50 Dec. 81. 1936. o June 1, 1937. p Affiliate of the First Bank Stock Corporation. Ex-dividend.. x 56 48 H 100 Providence— Blackstone Can Nat Columbus Nat Bank lee 48 54 210 518.484 3,040.899 } sa Liberty State Bank: ....... Newport Nat Bank.. Newport Trust Co.. o rec ent Dallas— First National Bank Hillcrest State Bank. Common........ Preferred.....— Newport— ▲quidneck Nat Bank N J8 Republic Nat Bank.. ^ March^l^1* RHODE ISLAND 100 8,735.294 11,768,172 2,396,269 ' 29 BANKS 110 National Banks March 31 $ Ki Paso— BankState National Bank 81 Paso Nat Preferred— Bank: Common — J 808,317 |1,671,248 245.000 80.653 a 6,735 Galveston— 35 40,221,976 f 20 I 20 10 486,156 963,322 100 "166"' 100 N 8,ill .044 499,791 328,866 4,336,301 3,854,900 100 157.000 100.000 300,000 75,176 74.118 441,745 243,947 640,451 3,415,087 5 100 349.000 250,000 2.500.000 1,600,000 a 166,400 51,984 431,956 936,842 .821,440 70,562 3,183,915 3,624,371 31,022,423 13,828,883 1,091,359 200,000 276,000 164,056 61,759 2,029,138 2,591,879 500,000 250,000 h 450.000 h 373,921 71,797 278,837 5,902,343 1,074,745 2,535,787 600,000 565,222 807,657 74,678 10,595,016 16,970,018 684,841 67,986,380 2,003,379 a — n 750.000 500.000 407,014 657,439 8,610,849 9,545,874 a 300.000 66,696 4,101.334 100 , a 1 152 H 100 1145 1140 60 5 IJ!1 1350 — 25 240 117 50 50 100 25 30 250 sll8 36J4 37^ 100 Petersburg- /v 0 Citizens Nat Bank. re cent Houston— Bank. National Bank: 10,419,529 1 20 UOO 3.000.000 11,677,115 2,250.000 Common 45,467,985 1100 UOO Preferred-.-- 150 13.627.621 no Bk— o 359,181 550.000 1 450.000 Preferred 1.000,000 Second Nat'l Bank2,505,287 Nat Bank of Oomm o3.250.000 273,321 State National Bank al,000.000 i.OOO ,000 1,380,195 Common 285 325" no 120 100 300 177,991 5,596,885 5.359.413 100 100 100 ... 5,039.494 "SMBB 3,232,120 3.000,000 200.000 106,120 532,444 361,599 4,727.733 3,515,997 1,250.000 11,139,858 1.900,000 Common Preferred 500,000 1 965,000 832,825 16.345,121 ( „ , 10 Roanoke— Colonial Amer Nat B First Nat Exch Bank Mountain Trust Bk. 150 N 50 no re cent sa 20 35 20 10 30 37 32 X 20 10ft "54" 56s' ' . ■ 100 21 22X 23 80 W {iSs "76"* 25 6,055,641 26,356,733 3,915,599 f les • 306,793 1.485.972 342,707 ;■ 0 100 579,452 a700.000 1.000.000 800.000 ~ioX 100 3,666,630 2,801,293 6,862,118 376,766 109,664 200,000 200,000 Southern Bk A Tr Co al.100.000 Virginia Trust Oo. 315 100 (100 : 10 10 46,885,444 • "Uo" 150 100 100 i • .. 1100 100.000 100,000 Bank. a Sav Bank A Tr Co.. 230 (100 a 10 A Trust Co: "225"' 100 100 100 37,215.913 Union National Bank South Texas Com¬ 1.500,000 1,948,308 mercial Nat Bank. 278,621 200,000 Fidelity Trust Co— 782,580 600.000 Guardian Trust Co.. 367,406 Houston Land A Tr. al.500.000 San Jacinto Nat Bk120,341 325.000 1 Oommon 325.000 Preferred Port Arthur— 125 27.327.722 35,835,369 8,056,661 24,750,662 .00 a Riohmond— Bank of Oomm A Tr Central National Bk_ Oonsol Bk A Tr Co.. First A Mer Nat Bk. Mech A Mer Bank.. State-Planters Bank 1125 'l,461,226 Merchants Nat'l Bk. 38 5165" (100 AmTr Portsmouth— American Nat Bank. Citizens Trust Co.. Merch A Farmers Bk no 35 — First Nat Bank— Petersb 8av A les 95 174,285 500,000 1 100.000 Common First National 506,525 600,000 500,000 Norfolk— Mer A Mec Say Bk.. Merch A Planters Bk Nat Bk of Commerce Seaboard Citz N Bk. Southern Savings Bk 37 sa Oltlsena State Houston Nat I 20 100 50 200,000 200,000 National Bank... Preferred — Ask Nomi nal. Per share. 100 National Bank. National Bank. Hutchlngs-Sealy Bank.. Bank Bid Par 1.000.000 Oom'lTr ASavs Bk: Lynchburg Tr A 8 B. 41 13.528,877 4.501,847 First City 70 333,930 341,227 City U 8 National 60 | 20 Loan 1,600,000 950,000 15,420 — Preferred ----Fraternal Bk & Tr Co Union Bank & Tr Co 14,460,129 32.898.200 " 1.200,000 262,500 Common ft Worth Nat 100 Cross Deposits $ S Lynohburg— First National Bank. Lynchburg Nat Bank A Trust Co People's Nat Bank.. Depositors Industrial 100 March 31 Surplus & Profits Capital Ask Nomi nal. Per share. $ 9,186,553 19.844,874 378,673 760.000 a Bank: Pirst National Bid 1 Fort Worth—■ Continental Nat Bk_ 373,187 983.723 300,000 300.000 Par Deposits Institutions State VIRGINIA Gross Surplus & Profits Capital National Banks March 31 State Institutions March 31 TEXAS > TRUST COMPANIES AND 15 50 50 lou mmmmmm 100 lis f mmmmmm 80 ,'V-. ~ •• ...... *■ San Antonio— Alamo National Common. Bk: ... Preferred — Bexar Co Nat BankCommon 2,495,726 125,783 200.000 I 100,000 1.200,000 1.223,279 — Preferred... Frost National Bank Groos Nat Bank- 144 137 1100 350.000 I 135.000 Preferred Nat Bank of Oomm. a1,000.000 National Bank ofFort 100.000 Sam Houston O389.800 Ban Antonio Nat Bk South Texas Nat Bk- 22 ( 50 1 60 100 32.220.916 National Banks March 31 35 d5Q "195" WASHINGTON StatMarch Zl0119 230 Nomi HOI. 5,015,397 (100 1100 21,341.515 100 91,916 Common—-—.. m mmmmrnrn 716,296 88 105 "175" Per Seattle— dlOO 250 4,529,383 136,178,173 i 20 3,059,704 66,966,693 c 25 1,019,132 19,214.393 ieo 20 512,164 20,244,387 2,350,036 100 94,573 8.000.000 b u2.500.000 2.600,000 Pacific Nat Bank... y al 000.000 L . 100 100 1,274.096 3,929.015 40,724 86,925 ' 130 60 100 v 3.703.328 250,000 322.455 435,286 70,786 7,240,392 10.549.574 100 956,006 a 498,100 139,047 550,000 450,000 J 477,800 25.000 100 t 246.379 717.074 100 ; Waco— Oltlsena' Nat BankFirst National Bank. National City Bank. ka 81,419 522,362 981,337 219,454 c 300.000 Common c 200.000 400.000 550.000 a 100.000 60 175 160 65 75 100 . 0 a r 36 al ,450,000 40 35 5,461,549 5,180,402 20 25 100 65 6.409,839 100 70 20.797,980 J100 N o 1100 re cent 1,366,457 7,668,143 100 100 sa les 15,750,159 4,921,885 100 25 ' 200.000 39 168 40 162 120,694 457,282 Spokaiu First Nat I Old NBA Share 37X Tacoma— National Banks March 31 State Institutions UTAH 800.000 ka March 31 2?e 16 Nomi nai. Per share. Ogden— Commercial Sec Bk..a 550.000 ia 924,000 a a ka 6,260.711 18,670.251 398,982 718,124 821,577 1,110,936 207,146 12.053,558 16,849.808 14,547,658 13,991,010 3,285,899 100 100 100 200 205 70 225 220 100 175 200 600.110 27,072,409 100 900,000 750,000 lea 68,523 1,139.502 100 100 750.000 Salt Lake City- - 1,000.000 300,000 d Walker Bk & Tr Co: Common Capital notes . . 1,500,000 1 650,000 ' 60 100 ^ * WEST VIRGINIA StatMarcht31i0M March 31 Nomi nal. Per share Charleston— Charleston Nat Bk: Preferred KanawhaBkgATr Oo 1 VERMONT State Institutions Dec. 31 1.000,000 200.000 500.000 5,168,357 {100 N o re cent 20.538,365 2,414,301 61,898 725.748 263,147 s 156 sa les .100 100 1,158,652 100 5,424,887 100 1,430,240 5,006.480 5,535,942 25 247,854 500.000 I 160.000 Common Capital notes Kanawha Valley Bk. Nat Bank of Oomm. Central Trust Oo... ... National Banks March 31 21,273,930 I 25 \ 40 931,326 1,062.500 700,000 Common 125 115 _ ;■ 1,339,902 Wheeling— Nomi not. Per share. Barre— Qranlte S B A Tr Co „ 310,000 200.000 205,000 People's Nat Bank.. Quarry S Bk A Tr Co 474,518 159,351 152,174 Burlington512.500 / 665,526 Chittenden Oo Trust 600,000 416,302 BowardNatBkftTrCo 150.000 66,862 Merchants Nat Bank Burlington Trust Oo. al.085,961 /1,232,512 Hontpelier— Capital 8 B & Tr Co First National Bank: Common — Preferred Hontpelier Nat Bank Montp'r 8 B A Tr Oo 3,504,814 2,677,660 1.947.684 6,191,372 5,846,332 653,097 3,395,762 Center Wheeling Sav Citizens Mutual Tr 150,000 81,280 600,000 478,927 125" Oo Half Dollar Trust A 100 100 100 150 o cent 40 100 les Kllllngton Nat Bank Rutland Co Nat Bk: ..... Preferred Rutland T-atfi Co... 80 90 449.605 59,453 500.000 500.000 100.000 300,000 550,663 496,643 157,094 712,296 100 80 100 100 100 90 100 290 156" 1,139,404 4,929,583 2,320,372 19,324,736 100 155 165 i t So Side Bk A Tr Co. 100 100 Security Trust Co.. Wheeling Dollar Savs A Trust Co Bank of San Antonio. Texas, all held by Central Securities Co. with exception of directors' qualifying shares. t Stock of South Texas National a 100 407.500 222.239 2,655,470 150.000 189,200 100, UOO 619,951 230,385 2,678.476 (100 * \100 73,582 224.156 1,871,005 1,141,736 20 25 Sale price. a 150 Common and preferred 150,000 100.000 394.135 138.985 2,659,782 1,008,981 c 100 Member of the Marine 150,551 125,000 a257,500 148.483 2,906,272 1100 1100 2,016,330 100 Bancorporatlon. Member of the Northwest Bancorporatlon. /March 31,1937. v, 0 June 30. 1936. h Dec. 31,1936. 1 Member First National Corp. "v--. . N o re 100,000 <•', V■ stock or debentures outstanding. d Preferred stock retirement price. 10 100 - b Member of First Security Corp. RutlandClement Nat Bank— ' 1.800.000 Sav Bank Nat Bank of W Va._ Nat Exchange Bank- e Common 185 cent sa les I Preferred stock retired. Controlled by the Joseph r Member s Trust ' Last sale. n o /V V u ; F. Meyer Interests. x ■ vW. funds. Effective June 1, 1937 the Farmers Bank of Ellensbufg, Wash., merged as a branch of Wash. / , People's Corp. / Ex-dividend. Ellensburg. the National Bank of Commerce, Seattle, I National banks State Institutions Dec. 31 WISCONSIN March 31 Capital La Crosse— Exchange State Bank Nat Bk of La Crosse. State Bk of La Orosse Deposits 5.057,439 1,101,316 6,378,488 2,819,014 269.347 40,338 253.080 143,965 Nomi nal. Per share. 30 25 20 100 e N o 20 100 re cent sa les Milwaukee- ''' 1 ' ■ , .. Amor State Bank Badger State Bank. City Bank & Tr Oo_ a 600,000 350.000 a First Wise NaflBkOommon Preferred Home Savings Bank. Kllbourn State Bk_. Lincoln State Bank: 6,007,238 2,940.555 100 r 100,000 1 33,174 300,000 2.200.000 1.357,569 Income debentures Marine Nat Exch Bk Marshall 3c Hsley Bk a2.992 500 b Mitchell St State Bk. a 600.000 Northern Bank..... Park Savings Bank.. 699,789 37,336 11,958 49.260 100,000 a550.000 i Ask Bid Per 9 100 328 325 100 100 cent. 250 8X 7X ----- 13"" 20 100 34,772,037 20 44 47 43.859,545 1.827,812 20 27 30 Toronto— Per . Bank of Toronto 9,000,000 117,188.707 6.000.000 Can Bank of Comm. 30,000.000 20.000,000 529,801.080 Dominion Bank 7.000,000 7,000.000 116.878,745 Imperial Bank of Can 7.000.000 8,onn,nno 128,292,766 cent. 189" 100 100 100 1.242,639 1.631,061 "ioo 1,734,903 1,833,146 3.965.070 3.469,734 2,623,033 Par Deposits $ $ Bank of Nova 8cotla 12,000.000 24,000,000 245,887,772 55"" "45"" 985.429 39,614 47.122 814,399 163,296 668,331 550.000 475.000 400.000 6 300.000 1.000.000 Gross Surplus & Profits Capital Halifax- d 4. '''' 22 19 20 5,000,000 15,687.488 199.492.361 9.000,000 1.419,420 fl350.000 b 110.096 1,381,671 100.000 6 77,419 Common State Bank of MUw. TeutonlaAveStateBk West Side Bank Wisconsin State Bk_ First Wise Trust Go. 1.916,249 74,416 97,829 97.946 200,000 1937- Prices are per cent, not per share. all of April SO, are Ask Bid Par S $ 500,000 O175.000 400.000 100.000 Batavian Nat Bank- Canadian Bank Statements Returns Gross Surplus & Profits 111 TRUST COMPANIES AND BANKS July, 1937] "40" 'so" 20 20 8 9 8 100 20 100 150 32 12 200 34 Per Montreal— 36,000,000 39,000.000 701,430.708 7,000.000 5.000,000 125,428.546 750,000 13,221,672 BarclaysBk (Canada) 1,500,000 Provincial Bk of Can 4,000.000 1,000,000 44,869,897 Royal Bk of Canada. 35.000.000 20,000,000 737.915,936 Bank of Montreal Banque Oanadienne. • 100 100 100 100 100 cent 225 230 159 )4 200 201 Sale price. t Wisconsin Bankshares Corp. no par stock. National Banks WYOMING March 31 Common and preferred a stock debentures outstanding. 6 March 31, 1937. d Unit of the Wisconsin Bankshares Corp. Per share. Cheyenne— 264,120 251.440 250.000 300.000 American Nat Bank. Stock Growers N Bk_ 5,527,361 7.589.485 100 e 100 Member of the Northwest Bancorporation, I Last sale. x Ex-dividend. Quotations are for the last day of the month preceding the date of issue Bonds Atlanta / Burlington 5s... 5s Chicago 4 X* 5s Dallas — - 5s E3s April 1 Denver 5s - 101 102 -— of Fort Wayne 4)4s Texas of Houston 5s..—— /10SM 'ioo 96)4 102 6) 102 101 95 98)4 100 102 97 98)4 99 X FirstlTrust of Chicago 5s—— 100 First Trust of Dallas 5s 100 100 100 X 101 102 Fletcher 3Ks Nov 6 1945 opt *40 Fremont A.%* ————— * 5s 100 102 86 100 x 78 80 84 Illinois Midwest 5s 95 — 102 *8* 85 Illinois of Monti cello 4)4s Iowa of Sioux City 4)4s 100 97 100 99 — Kentucky 5s Lafayette 5s 93 100 Lincoln 5s.Louisville 5s _ Maryland-Virginia 5s Mississippi-Tennessee 5s New York 5s 100 «... 100 99)4 99)4 99 X —————— North Carolina 5s Ohio-Pennsylvania 5s Oregon-Washington 5s f Pacific Coast of Portland 5s Pacific Coast of Los Angeles 5s Pacific Coast of Salt Lake 5s Pacific Coast of San Francisco 5s. W4» 101 95 102 102 102 100X 100)4 100 x 61 65 100 100 100 101 ■ - — - - 82 Tennessee 5s / 4)4s 99 X 5s 100 Virginia-Carolina 5s Virginian 5s 99)4 50 40 Dallas 70 Atlanta Des Moines — 14 —1UU 58 63 16 6 3 8 14 18 35 22 40 26 —100 6 63 47 1 67 52 100 Lincoln. 107 New York 107 100 109 101 North Carolina ——— Pennsylvania ——————. Virginia Virginia-Carolina.— 50 55 *V?>. V.' V ,' -y '/.iv.' • -100 -100 -100 -100 «'•. ' / Flat price, x Ex-dividend, 60 46 75 16 —10ft 100 101 . 100 x 102 100)4 12 & Freemont -|l 99 X -100 Denver San Antonio I 101 * Par STOCKS Atlantic Potomac "•.r 19 17 100 98 X — Union of Detroit First Carolinas 100 30 102 85 28 100 Southwest 5s Southern Minnesota 5s 105 5s 5s «. f St Louis 5s 100 Pennsylvania 5s Phoenix 4)48 Potomac 99 ' Ask. Bid. Bonds and Stocks. Ask. 100 Greenbrier 50 93 of Montgomery 5s—— of New Orleans 5s.— Bid. O) 5a. Greensboro 99)4 1944 First Carolinas 5s First First First First Ask. 100 100 1 Atlantic 5s California Bonds* Bid. ' 5s ' y ' V. * V ' : -V ,t . 1)4 IX Quotations are as near as possible for the closing day of the Bid. Bonds. Bid. Ask. Bonds. Albany Metropolitan 4-6a 1940.. Aldan 6s 1941 bonds A ctfs—J& Allerton 55th St 534s '45 3 % to *36 69 71 41 44 55 60 Fuller Bldg (G A F Realty Oorp) 1st s f 53*6 1949 unstpd—J&J 6s 1944 ..J&J Allerton N Y Corp New cum income 6s 1955 Allied Owners Oorp 1st Income 4-5s 1958 Debenture 2-4s 1963 Ambassador Hotel (Los A: 21 22 & 63 r 80 / J&J ..J&J 83 15-yr lnc 5s with stk 19 Amer insur Un Bldg 6s '41.M&N Arcade Bldg & Rlty < Seattle)— 3-6s 1948 J&J Arc&tiy-Wilshire Co (Los Ang)— Non-cuminc 5s 1949 ...J&J 40 Arrowhead Lake— 1st 7s 1944-1947 32 6334 54 .. J&D Assoc Realty Bldg (Los Angeles Income 5s 1948 J& Baker Hotel (Dallas)— 56 42 62 84 1st s f 5s 1950 (with stk) -F&A Bait Parcel Post 534® 1949 Banmann (L) 6Hs '36 (L I). A&O 6s (Brooklyn) 1942 F&A Bellevue-Stratford (Phila)— 94 6434 6434 70 70 5tfs 1935 J&D Ben] Franklin 6s ctfis 1933 Berkeley-Carteret 534s '46.M&N Blng & Bing deb 634» 1950. M&S 10 12 20 25 46 61 M&S 23 5Ks July 1 1938 J&J B'way Barclay Office Bldg 6s 1941 Certificates of deposit.... 68 Income 7s 1950 Boston Postal Service 30 3434 32" 1st. 2d 1956 35" Broadway Dept Store (Los Ang) Debenture 6s 1941 M&N Bway Mot Bldg (N Y) 6s '48 F&A Bway & 38th St 7s 1945 J&J Bway & 41st St Bldg 3-5s 1944... / Broadmoor (The) 6s 1941.. / 6434 9334 40 49 X Brown Hotel (Louisville)— 1st sinking fund 5s 1949...... / 2nd income 6s 1949 99 6634 41" 6434 Cambridge Court Apt 63rfs 1037. Cent Manhattan Props 5s'46M&S Central Zone Bldg lnc 6s. 1941 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 / 6s assented 1936 „ ^ 10 61 101 6534 M&N 5Ks 1946 - Equitable Office Bldg 5s 1952— Deb 5s Legended!952 Ferry Sta P O (San Fr) 6s 1934— Film Center Bldg 6s 1943—A&O 6th Ave & 28th St Bldg 634s 19456th Ave & 29th St Bldg 6s 1948— 6th Ave & 55th St Bldg i6 34s 1945. ildg 15 Park Row 4s w s 1952—. 60 B'way Bldg 3-6s 1946 M&S 51 Fifth Ave 6s-4a 1943 A&O 62d & Madison Ave 6s 1947 55 Fifth Avenue 6s 1944—.M&N 600 Fifth Ave 634s stamp 1949-. 3?" 45 45 Called July 15 at 103. 72" 1034 f 101 F&A 26$ 49 72 3834 84 42 J&J 7234 55 „ 67 69 2234 24 / Nat Hotel of Cuba 6« 1959.M&S Nat Press Bid 3-5s 1950 April 1.. Adj mtge lnc Apr 15 434s 1950.. Natl Tower Bldg 634« 1944 A&0|/ Nelsner Bros Realty, lnc— New York Title & Mtge— 65" 534s series 534s series 534s series 534s series 534s series 5348 series B-I— B-K 4034 4334 25 27 02 OW-1............. FI Q 19th & Walnut St (Phila) 6s 1939. 1900 Rittenhouse Sq (Phila)— 534s 1943 J&D 1st cum income 534s 1945. J&D 17 21 North Station Indus Bldg (Bost) 1st m s f 5s 1962 ...A&O 19 57 70 20 Oliver Cromwell 6s 1939.... 58 Shelburn.InoUtlOyjo34*40- J&J X 3034 7 69 71 85 53 1534 134 9 73 62 1st 6s 1943 M&N One LaSalle St Bldg 6s 1949 J&J One Park Av Bldg 6s to '39.M&N 2d s f 6s 1951 M&N 103 East 57th St Bldg 6s 1941 111 John St Bldg 6s 1948 F&A 124 Fifth Avenue 5s 98 165 Broadway Bldg 634* '51 F&A General s f 7s 1941— F&A 4834 50 1634 3734 4534 934 4034 1034 ....... 25 56" 281 "I 59£ 9034 9334 12 / Flat prlco. 6s 101 67 99 ■fl* 35" 1134 7334 20 50 95 100 2734 26 29 49 51 49 52 56 42 52 51 43 46 26 2834 32 33 55 53 65 A 80 934 82 1234 63 26 91 74 5534 59 834 / X Sixty-One Bway 534* 1950..A&o / Gen mtge 7s 1946 AAO / 616 Madison Ave Bldg 634s 1938. / Social Service Bldg (Phila) 6s Speed Building (Louisville, Ky)_ Income 5sl945 M&N / Stanley-Mark Strand 634s 1941 Stanley Real Est 534s '45 .J&D 5 17 23 23 23 4534 50 10 3234 ^ . 64 93 95 . 534* 1942 M&N / State & Wash Bldgs (Chicago)— 1st sink fund 5sl948ser AJMf&S / Sink fund 5a 1948 aer B..M&S / Station J Post Office 6s 1947 Steuben Bldg (Chicago)— 1st 6s 1943 M&S/ Stevens Hetei (Chic) 6s 1946.J&J Certificates of deposit Income 5s W-S 1956 Stone & Webster Bldg (Boston)— 16 6s 1947 M&S Strauss-Manhat conv 6s '33.J&D Syracuse Hotel 634s 1940 Taft Realty (New Hav) 6s'40A&0 Income 3s w-s 1951 10 East 40th Street Bldg 5s 1953. Non-cum lnc 6s 1958 M&S 1088 Park Ave Bldg 6s 1939 Textile Bldg 1st 6sjl958 M&N Gen 7s s f w w 1948 M&N Textile Bldg 1st 3-5s (w s) 1958— Pantages (Alex) 6s to 1947.M&N 80 82 --- 17 17 32 / 101 2834 / 71 / 47 38 / , / / / f 77 14 40 46 6 45 Textile Crafts Bldg iswi 1944.. 31 84 Trinity Bldg 534s 1939 J&D Trinity Court Bldg 4s 1941.M&S Stamped 99 Unstamped 101 2 Park Ave Bldg 4s. —.1946 23 Lexington Ave 2s I960 / 24 29th St Towers Bldg 3s 1942 / 41 ........ 2124*34 Bway Bldg 534s —1943 / 1534 2480 Bway Bldg 2d mtge 3s 1944. / Tyler Building- 89 Gen inc 6s July 1 1953 (w s)._. / Un Post Offices 534s '35.F&A15J 78 29 1st s f lnc 5 34s 1948 Vanderbllt Ave Bldg Oorp— 25 „ u 1st leashold 6 34s 1944-J&J 15 / Van Sweringen Co— 1st 6s 1935 F&A / 1st & coll • f 6s 1938 A&O / Van Sweringen Oorp 6s May 1 '35 / Varick St Sta P O (N Y) oa 194) Wabash-Monroe Bldg 6s 1953 J&J Wadsworth Bldg(NY> 6s *53 A&O Walbridge Bldg (Buff)6 34s 1938. - Whits Motor Realty 6s 1940— 66 6 9434 / / / Washington Properties inc 7a 1962 f Weetinghouse Bldg 4s 1948-A&O / 68 13 29 / Non-cum inc 5s 1954——.M&S / 12 1134 k Last salo. 3-5 34s deb inc (ws) 1956—.— 60 Park Place Bldg 334s-5s—1947 Waldorf Astoria 7s w wl954.M&S / 41 1946 M&8 Palace Hotel(San Fr) 5s *45. F&A n Nominal, / - 6534 Orpheum Theatre & Realty— 934 Sherry-Netherland Hotel 534* '48 Certificates of deposit. Sherneth 0,orp— State-Randolph Bldg (Chicago)— Olympic Hotel (Seattle)— 5434 5534 ......... Schulte Real Estate 6s 1935— With stock J&D 5234 , .... ......... „ 1634 2734 3334 934 4934 . 2834 ♦ Bldg (N Y) 6 J4s'39.M&N F&A ...... / 63" Munson 534s 1937 100 A&O 100 A&O Savoy-Plaza Ooro 6s 1945—J&D / 183 1st s f 534* 1945 J&D / 183 m 3s with stock 1956 Without com stock J&D / 6s debenture 1951— J&D / Sevilla-Bilt Hotel 734s'37-M&N / 56 3634 22" 15" 20 8534 9434 75 61 14 33 Conv s f deb 6s 1948 J&D15 N Y Athletic Club 6s 1946 A&O 1st M 2d stpd & reg 1955 N Y Postal Service Station— 88 , / / A&O / 534* 1938 Saks Realty 6s 1945— 6s 1946 stamped 4734 4934 Bldg. (San Fran.)6s '51 F&A / . M&N 32 47 47 6234 A&O Rumeks 5th Ave Bldg 6s 1944... St Charles Hotel (Atl Oy) 4o 1946 St Louis Post Offices— Metropolitan Chain Properties— 8 20 60 7 . Buss 99 11* 73 56 48 Metropolitan Oorp (Can) 6s 1947 Metropolitan PlayhousesDebenture mtge 5s 1945..F&A Millinery Center Bldg 7s 1944... 35" 50 42 76 „ 1031 66 88 f 6s 1948 70 Retail Properties— Deb 5s series A 1959 M&8 income deb 6s ser B 1959.M&S / Robert Treat Hotel (Newark)— 6s 1943 J&J / 86 s 61 / Income 5s 1943 Mayflower Hotel(D O) 5s 1950.. Mercantile Arcade Bldg (Los Ang) 1st s f 534s 1953 J&D Mercantile Properties. Ino— Sees f 534s 1946 J&J conv I gepub Bldg(Denv) 3-5s'49.M&S f Marshall-Wells Buildings— 1st 634s 1937 .7—..F&A 1944 65 45 , 51 M&S / (The) 6s 1940 F&A Mark Hopkins Hotel (San Fran) 634s 1941 M&S Marshall Sq Bldg (San Fran) 1st 34 71 70 19 57 12 63 57 34 82 f Metropolitan Biding (Toronto— 13 27 60 27$ 9334 Lord Nelson Hotel s f 4s '47.M&N Lords Court Bldg 534s 1942. J&D f General 7s 1941 ...J&D f Income 4-6s 1944 29 101 Provident Loan Society 6 % ctfs. Company— 534s double stamped 1961..... 53*s unstamped 1961 / Quincy Station P O (Chicago)— 6s May 1 1941 J&D / 1st extended inc 5s 1950—J&D / Realty Assoc Sec Oorp— 56 Merchants Nat Prop 4s 1958(w s) / 11 70 - 1600 Walnut St (Phila) 1st 6s '47. 1512 Spruce St (Phila)— 1st mtge 6s 1943 A&O 40 Exchange Place 5 34s 1956.J&J 40 Wall St Bldg 1st 6s 1958 42 Broadway Bldg 6s 1939...J&J 48 West 48th St Bldg 6s 1936 1400 B'way Bldg 6 34s stm-194814i0 B'way Bldg 334s 1941.A&O FwtDetTheawe A&O Fox Metropolitan Playhouse— sink fund conv 634% ctfs 1932- / Fox New Academy of Music 1st leasehold 634stol941.M&S Fox Theatre & Office Bldg 1st ■ ffls 1941 M&S / Fox St Louis Theatre Bldg— lit sf 634s 1942 A&O / / / ... Towers— 1946 44j M&N / ,74 534., 1946 6834 ... F&A / Lincoln Mtge & Title— Guar 534s ctfs of deposit Loews Midland Theatre Pennsylvania Bldg 6s 1939-M&N / Philip Schuyler 6s serial Pierrepont Hotel 534s 1940 / Pitts Hotels Oorp 1st 534s '48M&.I / Poll New Engl Theatres 5s. 1958 Gen income 5s 1983 M&N f Price Realty Co Ltd— 65 27 30 Prudence Lincoln 42d St Oorp— 7s - Edge water Beach Apts 6s to '43— 11 Park Place Corp 4s 1948 11 West 42d St 4s 1945 M&N SO Broad St Bldg 634* 1950-M&8 80 Fifth Avenueis. 1940 J&D Eppley Hotels 1st sf 3-5s 1951 J&J • 98 73 Court & Kemsen Sts (Brooklyn) 6s 1940 A&O / 38 Davidson Rlty 6s w w l940 A&O 105 Detroit Hotel 63*s to 1941—M&S 32 Dorset (The) 6s 1941 ctfs 31 Drake (The) 6s 1939 35 M&N Eastern Ambassador Hot 514s '47 8634 Manhattan 8 9934 8334 4734 4634 21 / Lefcou t State Bldg— Extend 1st 4-6 3£s 1948 Lewis Morris Apts 634s 1937 21 M&S 1st 6s 1942 59 1st M s f 3s loan ctfs 1955 F&A Park Central Hotel 6s ctfs 1935- / Park present 1st 6s 1940—M&S / Park Lane Oorp 634s 1943—J&D / Park Lexington 634s ctfb 1953/ Park Place Dodge Oorp 5s vtc *52 / 1st *451 Lawrence Hotel (Erie,"Pa.}6s 1948 1 Lefcourt Manhat Bldg— 1st 4-58 exten to 1948 Income 534s w s 1963 Bid. Bonda. Roxy Theatre 634s 1940 Keith Memorial Bldg 6s 1943 Lake Sh Ath Club (Ohic) 634s La Salle Wacker 5s fixed Majestic Apts 6s 1948...... 30 68 Colonial Apartments 6s 1937 Congress Square Hotel (Port Me) 56 / f f r Hotel Sherman (Chic) 534s '46J&J f Hotel St George 4s 1950?—— Hotel Syracuse inc 3s 1955 Hurt Building 7s 1940 J&J f f 7s stamped 1940 Insurance Center Bldg 634a 1943 t 19 70 9 6934 102 6s 1st fee & leasehold 1942 1st 6s , Oleve Term Bldg 1st 6s 1941.J&J / Cloisters "The*r (Chicago)— 6534 2334 5934 Marcy 97 X / Bldg (Pittsb) 7s "47--F&A Herald Square Bldg Inc 6s 1948— 1st s f income 5s May 11948 Hotel Governor Clin 6s '4 8.A&O Hotel Lexington 4s 1955—M&S 56 10034 ChicHerald& Exam 634s '50 M&S „ 14 58 Chesebrough Bldg 6s 1948—A&O Chicago Evening Amer 6s 1936.. Cigar Stores Realty Holdings— 8 f deb 534a 1949 ser A .J&J Circle Theatre 6s unassented 1936 60 91 4234 Lombardy (The) 6s 1942—M&N London Terrace Apts 6s '40 M&N f Lord Bait Hotel g m 6 34s '45 A&O s §§* 68 45 12 70 93 66 36 & Office Bldg 6s, 1941-M&N Loew State Bldg (Los Ang) 6s '42 Loews Theatre Rlty 6s '47 M&S1A 88 Bryant Pk Bldg (NY) 6Ms'45J&J / 4234 Budd Realty 6s June 1941.. J&D 10334 6s Sept 1941 10334 M&S Bush Term Bldg 1st 5s 1960.A&O * Butler Hall 4-5a 1947 J&J 89 28 28 Units 71 * „ nH Graybar Bldg (East Offices Inc)— 1st m. leaseh 5s 1946 J&D Greeley Bq Bldg 6s 1950— Harding Court 634s 1934—M&N Harrlman Bldg 6s 1961 M&N Hartford Times deb 43ns '51 M&N Hearst Brisbane Prop— „ Ask. Paramount Bway Corp.— Gair Realty Oorp 6s 1948—J&D George Washington Hotel 6s 1944 Certificates of deposit Granada Apt Bldg 6s 1938--M&S Grant month preceding the date of issue. Woodbrldge Bldg 534* '41—A&O 7s 1940 A&O 8 2634 26 3 781. 99 34 57 2434 34 ] 26! 63 ] _ 6834 102 64 60