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!> I b Commercial and Financial 1 Events.... Hides and Leather. 7 .. ... iron and Steel Trade Course of the Stock Market 13 Money Market Dividend Declarations 11 New 7 Federal Reserve Bank—Brokers' Loans .15 Foreign Affairs.. ... 5 — Foreign Exchange 16 .. Grain—Coffee—Sugar 7 14 Security Issues Petroleum and Rubber -.10 Its Products 8 8 . Textiles ;. 8 United States Treasury Financing .10 INDEX TO STOCK EXCHANGE QUOTATIONS Page Baltimore Stock Boston Stock ..57 Exchange S-'i'": :<■■■'[ ..41 58 .... ... Cleveland Stock Exchange New York Stock 64 Exchange Chicago Stock Exchange New York Stock Exchange—Stocks....31 -..--.-61V Exchange—Bonds -.62 Pittsburgh Stock Exchange Los ..66 San Francisco Stock Angeles Stock Exchange 19 Philadelphia Stock Exchange.. Detroit Stock Exchange l p«f* New York Curb Exchange . Exchange 60 69 i .... 64 INDEX TO GENERAL QUOTATIONS Pmgm Banks and Trust I ^ ■ Municipal Bonds- Companies— Domestic 100 Canadian 111 Exchange Seats 84 Domestic Canadian Public Utility Bonds Federal Land Bank Bonds -.91 Public Utility Stocks Foreign Government Bonds .-92 Railroad Bonds , ... Industrial Bonds. 82 Railroad Stocks Industrial Stocks 85 Real Insurance Stocks...... .......99 Investing Companies Securities 73 Joint Stock Land Bank— \ 111 Mill Stocks—see Textile Stocks— Mining Stocks J"nn6 B. William * DANA Guarantee and Safe Deposit Stocks United States Territorial Bonds 4, of L 1937 COMPANY, Street, Corner • " United States Government Securities 86 WILLIAM Textile Stocks Title Securities Estate Bonds... Real Estate Trust and Land Stocks. PUBLISHERS Spruce Street, New York. ^afc Jlqxosit and ^rwst Co. —OF BALTIMORE— Capital $2,000,000 Surplus and Profits $4,196,364 CINCE 1876 this Company ^exclusively has devoted itself to the management and conser¬ 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 which has never engaged in general banking, selling securities, etc. Its Directors are: Edwin G. Venable Baetjer & Howard Baetjer Charles H. Babcock William G. Reynolds & Co. Baker, Jr.-Baker, Watts A Co. 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 of United States Fidelity and Guaranty Co. Lyman Delano - - Chairman of Board of Atlantic Coast Line R. R. Co. Robert Garrett Robert Garrett A Sons Norman James President of James Lumber Co. J. Edward Johnston Capitalist Blanchard Randall Gill & Fisher Charles E. Rieman Pres. of Western Nat. Bank * , i1 *» i ' ' *1 ;i BANKr RECORD REQ. 0. PAT. 8. OFFICE Copyright in 1937 by WILLIAM B. DANA COMPANY, In office of Librarian of Congress, Washington, D. C. as Second Class Matter, March 9 1928, at the Post Office at New York. N. Y., under the Act of March 8 1879. Entered VOL. 10 NEW YORK, JUNE 4, 1937 Bank and difficult to define Quotation Record the wage . ' V 1 s The subscription price to the Bank and Quotation Record Is a Postage outside of United States year. $1.00 not $10 00 of child labor, strike-breakers." standards maintenance governmental affairs These, he said, 18 Mr. Van Devanter, from "regular and active" service. No fixed that he would In The retirement of Jus¬ until the lished by the Supreme Court. Devanter's action reduced on the of was his major sections the Social Security Act but supple¬ a upheld the provision of the Revenue Act of 1936 permitting the Treas¬ ury to retain approximately $963,000,000 in processing taxes which were collected under the Agricultural Adjustment Act before that legislation was held constitutional a tax up the Louisiana on to $550 for each store in chain stores imposing that State in a chain exceeding 500, and upheld the Roosevelt-Litvinoff agreement which permits the United States to claim funds country for Russia due the Soviet Government in this May 24, urged the enactment of Federal legislation to > trol minimum wages and maximum hours in thus in some measure to replace the wage and hour visions of the National Industrial Recovery Act which pro¬ were Court taining ance, in his message that, with a few exceptions, it should not be measures sequel v already covered by the approved by the upholding enacted for Act pension sections, Justice Stone regards as Social affected. are Alabama part of the Job was sus¬ insur¬ 5 to 4, and as regards the was where the division Insurance was 7 to 2. majority opinion Law, which was Federal-State cooperative program unemployment compensation. It by the unemployment the author of the 5-to4 was the as unem¬ Justice Cardozo wrote the opinions where the Court's vote . pointed out in United Press accounts from Wash¬ ington, May 24, that the old-age pension decision set aside ruling of the First Circuit Court of Appeals, which held a the tax, both on employers and employees, unconstitutional. The advices added: It [the the The . District Edison the served the tax employers' tax the Court instead on was affirm a ruling of not in issue in was of an attack Boston on the law Davis, a majority rulings by Justice Cardozo contention that the is present. the the Federal case and constitutional. sequence in to employees by George P. Electric Illuminating Co. of Boston. The two on that ruling waR Federal the decision] Court legal but President said a "Little Waters." on About 2,700,000 employers Federal the the The Jan. 30, 1936, important pieces of New Deal legislation. May 24. on invalidated by the United States Supreme Court on May 27, case. on Three decisions regarding the law were handed down 1935, in the Schechter poultry The booklet, a May 24 in majority opinions of the United States Security Board. on industry, and importance," message eligible for unemployment benefits under the 46 are that con¬ his Cooperating with Federal Program ployment compensation District President Roosevelt, in a special message to Congress with old-age pension provision of the Act, while about 18,633,000 as successor of the Czarist regime. informed Congress that only to large rivers, and of critical are Congress of the most one unconstitutional; declared tax "looking measures The President said that this booklet is on old-age During the month the Supreme Court also confined More than 27,000,000 persons are two, the mentary State law. of Supreme Court, thus validating what is generally considered The three decisions not only upheld both of of Control and Use," containing proceedings of Up-Stream Engineering Conference held in Washington upheld majority recognizing the New Deal's claims that the aged and needy are wards of the Federal Government. By a Federal" statute. some waters, prevention of erosion, and along tains Alabama Law a five-to-four decision. This ruling, read by Associate Justice Cardozo, upheld unemployment insurance features of the Act. In regard to the question of old-age State laws, notably Alabama, enacted as supplements to the pri¬ our The unemployment insurance and the Old-age pension pro¬ visions of the Federal Social Security Act of 1936 were being given in third decision, approved "All but the conserve United States Supreme Court Upholds Old-Age Pension and Unem¬ ployment Insurance Features of Social Security Act—Also Sus¬ May 24 the Supreme Court, in the three opinions on Security Act, affirmed the validity of the payroll excise imposed by the law, the conclusions of the Court a are submitted to his report to On Court, in consideration of not problems last year. the Social vote of five to four the the The President the successor. seven to part of a "Headwaters long-range definitely estab¬ strength from three to pensions under the law, the Court divided urged President Court from four to three, and gave the President four in the appointment of a not are man-power government must have said that "little waters definitely conservative bloc opportunity to increase the liberal Federal stipulated by the were that to water In the meantime, Mr. Van the agree control of floods." push forward with his program to constitutionality working hours or toward conservation reorganize the Federal Judiciary against all suggestions of compromise, The proposed earlier message to Congress, submitted May 12, the an President Senate Judiciary Committee's plans for economic and social reform peace." control over maximum hours, minimum wages, the evil child labor and the exploitation of unorganized labor." However, President Roosevelt has since indicated anew wage mary resources of of the one report on President Roosevelt's proposal to "reoi> ganize" the Court have greatly changed the aspect of that ■mm industrial hopelessly reactionary will adverse issue. of con¬ interstate trade and upon the President in his message, in which he said: frequent dissenters from New Deal legislation on the Supreme Court, announced that he would retire on June 2 tice Van Devanter and the use the rudimentary interstate commerce. most ■ unions, or the were ate State action to cover industries which during Court, effective June 2, and three Supreme Court decisions upholding the constitutionality of provisions of the Social C>. self- of legislation, Mr. Roosevelt added, should stimulate appropri¬ included the announced retirement of Jus¬ On May "products of as which to create minimum wage regulations "of on AND tice Willis Van Devanter from the United States Supreme Security Act. well geographical diversities and to the effect of unfair labor Spruce Street. New York FINANCIAL EVENTS in as their workers the right to ditions upon competition in Important developments added that there fairness and reasonableness" with "due regard to local and WILLIAM B. DANA COMPANY, Publishers, the past month He fear of labor spies, the bait of company ;1 CHICAGO OFFICE—208 South La Salle Street. LONDON OFFICE—Edwards A Smith, 1 Drapers' Gardens, E.G. REVIEW OF MAY—COMMERCIAL fall." to organization and collective bargaining, whether through the : of corner the products merce per copy. William Street ought employers who deny Single copies are sold extra. court should also be little trouble in banning from interstate com¬ (except Argentina), Spain, Mexico and Cuba, and $20 in other foreign countries. \t a general maximum working week, and should also "be possible to put some floor below which it The Bank and Quotation Record is one of the companion publications of the Commercial & Financial Chronicle and is Issued monthly. Term- for the Chronicle are $15 per annum within the United States and U. 8. Possessions and Territories; $16.50 in Canada; $18.50 in South and Central America NO. 6 also justified brought in stockholder were the in based Social Security Act is not only by the economic conditions of He asserted that the concept of the general welfare clause in the Constitution cannot be "static," and :I REVIEW MONTHLY needs that were narrow a century ago may he declared that with the well-being of the Nation. be interwoven at present Court Upholds Wisconsin Law Authorizing United States Supreme Picketing by Labor United The Unions—Other Decisions Court, Supreme States in a May 24, held that on the facts. r . Otjier Supreme Court rulings v'-' As ■ position of a tax when a company •hroughout the country. / •/Unanimous Opinion November. * ' ^ York Unemployment In¬ four decision last ' r - , petition of the Government that a court ruling in the case. other insurance Sustained 1 % , ^ 'I ■ for handling and selling ' ' pine Cocoanut Oil cision \ Supreme Court, in a unanimous de¬ United States May 3, upheld the Itoosevelt-Litvinoff agreement, the Soviet Government transferred to the on which under funds due it in this country Czarist regime. Justices Stone, Brandeis and Cardozo, while agreeing with the decision, dissented on the method' used by the other justices in United States the right to claim a as successor the .of reaching their conclusions. The Litvinoff agreement was made at the time the United States recognized the Soviet Another unanimous opinion by the court, de¬ Government. livered May 3 by Justice Sutherland, upheld the consti¬ on tutionality of the 3c. per pound processing tax on cocoanut oil imported from the Philippine Islands. The Court's decision Litvinoff the on agreement District which restrained the Tennes¬ constructing new transmission lines or soliciting new power customers until the United States Supreme Court rules on the ponstitutionality of the law creating the TVA. The Court on May 14 did not issue an opinion on the constitutionality of the law, but merely acted favorably on the TVA appeal from Judge Gore's in¬ junction, which had been issued to 19 private utilities. It ruled that the injunction was against the public interest, in that the loss the public would suffer through failure to obtain cheap electricity, "if it be found in the end that it may lawfully be supplied to them," could not be measured! While dissolving Judge Gore's temporary injunction, the Covington ruling sent the case back to the lower court for a hearing on the suit of the 19 utility companies to determine the constitutionality of the Act creating the TVA, On May 20 the TVA filed a brief in the United States Supreme Court the Eastern Tennessee was advices summarized as follows in United Press Washington of Valley recognition, under which the Soviet Government transferred to the United right the claim funds due it in this country as a successor of the Czarist regime. the government sued the former banking house of August Belmont to collect a $25,438 deposit it held in the name of the Petrograd Metal Works at the time Russian industry was nationalized. New York State courts and the Second Circuit Court of Appeals held that Under this agreement such a could suit not be filed because nationalization of industry was against public policy of New York State and the Nation. The Supreme Court, however, held that in foreign affairs the national government companies. Advances by National Banks to Depositors During Banking Moratorium of 1933 Recoverable United States Court of Appeals Holds Where institution Failed to Reopen ruling upheld the Litvinoff agreement, made at the time of Soviet States the Authority from seeking dismissal of the action of the utility May 3: The Circuit Court of Appeals at Covington, Ky., on May 14, by a unanimous decision of the three judges, set aside an injunction by Federal Judge John J. Gore of see Court Upholds Litvinoff Agreement with Soviet Union—'Sustains Three-Cent Processing Tax on Philip¬ United State$ Supreme The of Appeals at Covington, Ky., Voids Injunction Curbing Expansion of TVA Court The United States companies. leaf tobaccos. farm was $100,000 mortgage on his property. Federal „ Georgia law fixing maximum charges a a invalid which discriminated between mutual and Held a Georgia law Farmer given in a unanimous opinion of the United States Supreme Court, written by Justice Cardozo and issued on May 17. In holding that Francis E. Beach of Connecticut is a farmer and is thus entitled to the law's >enefits as a bankrupt, Justice Cardozo pointed out that Mr. Beach, who was once a merchant, had turned to farm¬ ing, and had sought bankruptcy judgment when the First National Bank & Trust Co. of Bridgeport sought to foreclose the utility companies in the so-caUed 19 utilities' suit against Tennessee Valley Authority be required to file an immediate answer to the Government's appeal from the lower Denied of United States Supreme Court Defines definition of a farmer under the. Frazier-Lemke A mortgage law < *' has more than 500 stores Under Frazier-Lemke Act Law which it previously held valid by a four to surance Atlantic & Pacific forced to pay a tax of $550 on each of its within Louisiana. The law provides for the im¬ 106 stores aside from the main action petition for a rehearing of the New a ■. result of the decision, the Great a Tea Co. will be upholding the unemployment and old age pension provisions of the Social Security Act were noted as follows in a Washington dispatch of May 24 to the New Refused ruling. :he of the Court in York "Journal of Commerce": Cardozo. and five-to-four peaceful picketing and patroling by labor union representatives to press union demands on employers is a valid exercise of the right of freedom of speech guaranteed by the Constitution. In a majority opinion delivered by Justice Brandeis the Court sustained the validity of a Wisconsin statute legalizing such actions of organized labor, and held that picketing, in effect, is a form of publicity that may be followed to inform the public of decision Chief Justice Hughes and Justices Brandeis The dissenting opinion, written by Justice Sutherland, was joined by Justices McReynolds and Butler. Justices Van Devanter and Stone failed to participate in in by curred was supreme. States The United Court of Columbia held, in an National bank during the Na¬ by President Roosevelt on March 6,1933, is recoverable by the receiver if the bank did not resume normal banking functions at the termination of the moratorium or holiday period. Most of the banks which did not resume business at the close of the holiday that a payment made by a tional Banking Moratorium declared period had permitted certain withdrawals or payments to be made. Congress to Pass President Roosevelt Asks Cold Devaluation Appeals for the District of opinion which was released May 17, Widening Three Bills Powers of SEC The Court on May 3 refused to consider an appeal involv¬ ing another phase of the Administration's gold devaluation program. The appeal was instituted by L. H. Sly of San Francisco against the Prudential Insurance Co., which fore¬ closed property in San gage. Francisco on which is held a mort¬ A promissory note for $850,000 given by Mr. Sly as security in 1935 provided that in event of foreclosure Cali¬ fornia laws should prevail. should be called for These laws provide that bids In 1933 the and made in gold coin. property was sold at auction and purchased for $350,000 in "lawful money" by Prudential, instead of gold. The Cali¬ fornia Supreme Court had found in favor of the company. United States Supreme Court Upholds Revenue Law Provisions Permitting Treasury to Retain $963,000,000 in AAA Processing Taxes The United on States May 17, sustained Supreme Court, in a an 8-to-l decision section in the Revenue Act of 1936 protecting the Treasury from the necessity of automatically refunding approximately $963,000,000 in processing taxes which were collected under the Agricultural Adjustment Act before they were held unconstitutional. The majority ruling was written by Chief Justice Hughes, and the only dissenting vote was cast by Justice McReynolds. The Court in its decision declined to rule on the question whether the Anniston Mfg. Co., Alabama processors of textiles, was en¬ titled to recover $270,000 in processing taxes, and said that the company must first demonstrate the validity of its claim of the products or the sellers of raw Louisiana His requests were made mittees. Tax on Chain Stores Upheld by United States Court—Sustains Law Taxing Companies with More Stores Throughout the Country Supreme Than 500 The United States Supreme Court, in a 4-to-3 decision on May 17, upheld a Louisiana tax on chain stores, based on a number of a company's stores in its entire system, regardless of State lines, and imposing a tax as high as $550 for each Louisiana store in a chain which exceeded 500. The ma¬ jority decision Was written by Justice Roberts and was con¬ in letters to Senator Wag¬ Chairman of the Senate Banking and Currency Com¬ mittee; Representative Sumners, Chairman of the House Judiciary Committee, and Representative Lea, Chairman of the House Committee in Interstate and Foreign Com¬ ner, which the three measures to merce, have been referred. sponsored by the SEC, following bearings at which the respective subjects were considered. Adoption of the measures would constitute the most impor¬ tant extension of SEC power since the Commission was created. A Washington dispatch of May 25 to the New York "Times" gave the following details of the President's letters and the SEC proposals; In effect, the President placed himself squarely behind the program sponsored by the SEC for broad expansion of its powers to bring about closer protection of investors. In> his letter to Senator Wagner, in referring to one of the bills dealing with the corporate trustee under indenture, recently introduced by Senator Barkley, the President said: "I believe the consideration of such supplementary legislation altogether All bills three were this time." appropriate at Similar endorsement, with present session, was the suggestion that action should come given also to the other measures in the in the President'# letters. The legislation urged by the President is briefly as follows: introduced by Senator Barkley of Kentucky, known as the proposed 1, A bill Trust Indenture Act of trust cptton. and bills which would grant the Securities Exchange Commission greater control over the issuance of bonds and debentures, reorganizations and protective com¬ and prove that the burden of the tax had not been trans¬ ferred to purchasers Roosevelt on May 25 urged Congress to enact President three pending 1937, which would set up minimum standards for indentures and qualifications for trustees. i Committee Act of 1937, introduced by Representative Lea The 2. committees, This bill in the the ' of extensive Federal regulation of reorganization extending even to municipal and foreign debt arrangements. providing California, also for would1 make it unlawful to repatriation of defaulted foreign use interstate or foreign commerce bonds at reduced prices induced by default. 3. A bill introduced by Representative Chandler of Tennessee amend¬ Bankruptcy Act to broaden the powers of the Federal reorganization proceedings and authorizing the SEO to help the ing the Federal courts in courts in an advisory capacity in reorganizations under Section 77B. MONTHLY REVIEW June, 1937] fiWi Regulate Maximum Hours, Minimum Wages and to Forbid Commerce Introduced in House and to Child Labor in Interstate Senate v."''' .V " h/ <"■ ;< f A bill to provide for Federal control of maximum hours and minimum wages in industry and to abolish child labor in interstate commerce was introduced in the House and Senate on May 24, immediately after the reading of President >■ ■ , ■ . ;;d Roosevelt's special message to Congress urging such legisla¬ tion. The bills, sponsored by Senator Black and Repre¬ sentative Connery, do not specifically state the maximum working week or minimum wages which must be applied by industry, but they do set forth the principle of a general V.": maximum working week, with time and a-half to be paid for any time worked in excess of the maximum. They also provide for a minimum wage, although this is still to be decided upon, and they prohibit labor by children under 16 years of age and, in the case of hazardous employment, 18 years of age.. The measures would deny movement in inter¬ 'vfu *■ state or all to commerce hour House Passes $1,500,000,000 , to the practically the In passing the form requested by President Roosevelt. same June 1 the House rejected three measure on amendments pressed by revolting members and approved on May 27 by the Committee of the Whole House designed to earmark $505,000,000 of the funds for flood control, public Federal road projects. The House on June 1 also defeated another amendment of May 27 which would have reduced the salary of Harry L. Hopkins, Works Prog¬ ress Administrator, from $12,000 to $10,000 a year. The earmarking amendments, cutting by one-third the amount to be applied toward relief, brought intervention by works and ' ' ■ the President May 27 and on Majority Leader Rayburn, promise of conciliation by a result of which a stay of agreed to by the revolting members action until June 1 was as a May 27. The June 1 action of the House included the rejection of some other amendments, as well as the adoption1 on of two others. or one - The House Appropriations Committee had favorably re¬ ported the measure to the House on May 13. The com¬ mittee reported the bill by a vote of the 23 to 14. In approving committee reversed $1,500,000,000' appropriation" the the decision of its subcommittee, which, by a vote of 5 to 4, 11, recommended May on $500,000,000 reduction a appropriation. Revised New in the ■ ... York World's Fair Bill Submitted to House—President Roosevelt Had Vetoed Similar Measure Designed to overcome the objections voiced by President Roosevelt in vetoing a similar proposal, a new bill authoriz¬ ing a $3,000,000 appropriation for Federal participation in the New York World's Fair of 1939 was submitted to the House on May 24 by Representative Matthew J, Merritt, of Flushing, N. Y. The new measure would also set up a committee consisting of the Secretaries of Agriculture, Com¬ merce and Labor, and would authorize the President, with the advice and consent of the Senate, to appoint a Com¬ missioner General, who would receive an annual salary of $10,000. The President would also be empowered to name up to three assistant commissioners. The bill vetoed by President Roosevelt, on May 19, pro¬ vided an appropriation of $5,000,000, which sum the Presi¬ dent held to Second Industry-Labor of Secretary be "excessive." Perkins—No The second of and series a industrialists was Held Specific Under Conclusions Auspices of Announced conferences with labor leaders of held by Secretary of Labor Perkins in Washington on May 4, After the meeting it was reported that Miss Perkins had opposed proposals for changes in the Wagner Labor Relations Act, should since ; V be no thoroughly on new New York Relations Board—Measure law made, Bill Creating State Similar to Federal Wagner Act the United States Supreme Court, was signed by Governor Lehman on May 20. The bill creates a State labor relations board of three members, to be appointed by the Governor, which board will function along similar lines as to National Board. The measure was signed by the pleas from several quarters, including the Chamber of Commerce of the State of New York, the New York Board of Trade, and the Merchants Association of Governor despite New York, for a May 19 Governor Herbert H. Lehman of New York Rogers-Allen bill, permitting producers to bar¬ gain collectively on the prices they are to receive for their milk within various marketing areas, and leaving the fixing of Consumers' prices to the industry. The measure was en¬ acted as a substitute to milk price-fixing law allowed to signed the expire April Allen bill, 1. the Along with the signing of the RogersGovernor vetoed the McElroy-Young bill, Idle as C. I. O. Sponsors May the result of as ihittee for Industrial three Strike Republic, at Youngstown and Inland Steel Plants Approximately 60,000 steel workers week of a idle the final were strike sponsored by the Com- Organization, who closed 21 plants of of the principal independent steel companies in the States. The companies affected were the Republic United Steel Corp., the Youngstown Sheet & Tube Go. and the Inland Steel Corp. The strike was called by the Steel Workers Organizing Committee, that the independents a C. I. O. subsidiary, which charged seeking to violate the Wagner were Act and that they refused to engage in collective bargaining. On May 28 it was stated that the 'Steel Workers Organiz¬ ing Committee had been instrumental in effecting a walkout employees at two subsidiaries of the Republic Steel Corp. in Beaver Falls, Pa., and Cumberland, Md.; while early figures gave the number of idle at all the closed plants of 900 the three companies as 55,000, it was later stated that and 70,000 workers were idle on May 28. between 60,000 According to United Press accounts from Cleveland on that date, four of the Republic's large producing units remained;: in operation at Warren and Canton, Ohio, Chicago and; Buffalo. * The C. I. O. won an . important victory in the steel industry on May 21, when, by a vote of more than two to one, the 27,000 employees of the Jones & Laughlin Steel Corp. chose; the Steel Workers bargaining agent. Organizing Committee as their collective The C. L O. had previously concluded agreements with the subsidiaries of the United States Steel Corp, but this represented the first time that a large steel' signified its willingness to accept a C. I. O. sub-' company sidiary as sole bargaining representative for all its workers.' C. I. O. Strike Closes Ford Plant at Richmond, River Rouge Factory as Union Presses Calif.—Violence at, Organizing Drive ; > The United Automobile Workers of America, sponsored i by the Committee for Industrial Organization, on May 26 initiated a nation-wide drive for recognition in the Ford Motor Co., by calling a strike which closed the Ford assembly plant at Richmond, Calif., throwing approximately 1,000 persons out of work. About 900 employees participated in the strike and joined picket lines thrown around the plant.; On the same day (May 26) organizing efforts by the C. I. O.: subsidiary resulted in near riots at the Ford plant in River Rouge, Mich. The union charged also on May 27 that two' of its members had been attacked in the vicinity of the Ford plant, and at the same time it filed charges with the National' Labor Relations Board that company employees had engaged, in violence. Employees of Packard Motor Car Co. Sign New Working Accord A working new Car Co. and between the Packard agreement United Automobile Workers of the Motor America,, granting a 3c. an hour wage increase and a 40-hour week, j was ratified by union employees of the company on May 9. will remain in effect until May 1, 1938," The accord, which also recognizes the U. A. W. A. as the sole .bargaining agent for the hourly rate workers of the Packard company. The be the first negotiated with a major, producer without a strike, was signed by the and union on May 7, following three weeks of agreement, automobile company said to negotiations. ' -v-\- 'v.'.< as; of the agreement were summarized follows in United Press advices from Detroit, May 9: provisions collective Sole bargaining rights for Packard's 15,300 hourly-rate em-> ployees were won by the union through its four-to-one victory in the election.Only members of the Packard local of the U. A. W. vote the agreement at on Packard all for An A. were permitted tov tonight's meeting, although the union now bargains workers. - additional wage increase also is of 5c. provided in the agreement. U. A. W. A. had demanded an . .. _ hour for all night shift employees It will affect about 5,000 employees. a 10c. an hour wage * increase for all employees, with an additional 10c. an hour wage hike for night shift workers. As that Workers Closes Several Departments of Studebaker Corp• in South Bend,dud. result of the refusal of 7,000 union employees to work a day, most departments of the Studebaker Corp. in Ind., were closed on May 19 pending further South Bend, developments. The strike was initiated by the members of No. 5, United Automobile Workers of the Studebaker Local America, it is intimated, in demand for a closed shop. It reported in United Press advices from South Bend, May 21, that the workers had voted to accept a contract and end the strike. Wage increases and reclassification of em¬ was ployees were reported to be included in the contract. Strikers Return to Work at Three Chevrolet Parts Plants of Motors Corp. public hearing on the bill. Governor Lehman of New York Signs New Milk-Control Law On Employees ' Labor Doyle-Neustein bill, modeled after the Wagner Na¬ tional Labor Relations Act, recently held constitutional by Relations 60,000 Strike of 7,000 Signs The Labor this measure to give the Governor an alternative. The are ■ of Lehman alterations appeared that it worked any injus¬ tice to employers. Governor the ground that the tested before evidence had yet would have permitted organization of a State-wide non-profit producers' corporation that would have bargained for better prices for dairymen. The Legislature had passed The Conferences '.'111'; 1 which of ; 326 to 44, the House on June 1 passed and Senate the $1,500,000,000 work, relief bill in a vote of sent '■0:\ Work Relief Bill—Rejects Amendments Seeking to Earmark One-Third of Amount i By under "oppressive goods produced conditions" and by children under 16, wage ■ 'v. Approximately 1,500 workers in the General Saginaw, Mich., plants of the General Motors Corp., who went on strike on May 21, voted late May 24 to return to their jobs the fol¬ lowing day. The walkout, which affected three Chevrolet pa^ts manufacturing plants of General Motors, was not authorized by the United Automobile Workers of America. It was explained that the strike was started by a group of union men who complained that negotiations with the com¬ pany over wage ana satisfactorily. other demands were not progressing Associated Press advices from Detroit, May 4 MONTHLY EEYIEW 24, said that negotiations would start at once to settle the grievances. Alabama Coal March 31 ' on Governor Murphy Halts Strike that of Michigan Crippled Power A strike of employees of the Consumers' Power Co. that paralyzed the industries of three large Michigan cities and many smaller towns was halted on May 19 by Governor Murphy of Michigan, who issued an1 "emphatic request" ; that strikers return the work immediately. to Wyndham Mortimer, Vice-President of the United Automobile Workers of America, asked the strikers to restore electric service in Saginaw, Flint, Bay City and other affected communities. Representatives of the union and the power company met •with Governor Murphy in Lansing on May 20 in an effort to reach an agreement. A statement bv the strike com¬ mittee that said "whether be contingent will menent conferences with the Yale this not or truce becomes per- results attained" upon Co. Abandons Detroit Plant—Had Closed by Strike Since March 9 Been at the company." Towne Manufacturing & ' Discontinuance of its Detroit plant, since March 9, was announced on May closed by a strike 21 by the Yale & Towne Manufacturing Co. The plant, employing from 400 to 800 workers, was established about four years ago and supplied locks to automobile manufacturers. The company's announcement expressed regret that no settlement to end with the United Automobile the strike had been reached Workers of America, of which the strikers are members. In answer, the union said that "it may be inevitable that the strike will be spread to the company's other plants." the company's decision to abandon its plant, Associated Press advices from Detroit, May 21, said: In commenting on The strikers, members of the United Automobile Workers Association, ejected April 14 by police and sheriff's deputies. were An Cities and Towns Service in Many George Edwards, organizer who called the strike, is serving a 30-day sentence for contempt of court for ignoring a court injunction. The company has offices in New York and other factories in Stamford, Conn., Philadelphia, Chicago and other cities. Union officials said the "Holiday" Terminated by Wage Increase—20,000 Had by Shut-Down Since Expiration of Old Scale Affected Been >' _ between agreement 1 • union operators on a new wage scale ■' ^ representatives reached and coal May 8, end¬ ing Alabama's so-called coal "holiday," affecting over 20,000 was on The mines had been shut down since the old wage on March 31. The settlement was an¬ workers. contract expired nounced on May 8 by M. C. Hughes, conciliator for the Alabama Department of Labor, after minor differences were adjusted at conference that day. a Strike of Union Eptployees of H. J. Heinz Co. Closes Plant Pittsburgh /.r'-0'V Production at the H. J. in 'v■ Heinz Co. plant in Pittsburgh was interrupted on May 25 by a strike of ipion workers, members of the Canning and Pickle Workers Union, an affiliate of the American Federation of Labor. The plant employs approximately 2,300 workers. The strike was called by the union to enforce demands for recognition and a 10% wage increase for its members. A rival company union is also seeking recognition. Frank Novak, President of Local No. 325 of the Canning and Pickle Workers Union, claimed that his organization represented 1,000 of the 1,700 workers exclusive of the office and supervisory force. ' WorkersQuitAlcoa,Tenn.$PlantofAluminumCo*pfAmerica-~ Seek Wage Parity with Workers in North Approximately 3,000 workers in the fabricating plant in Alcoa, Tenn., of the Aluminum Co. of America, went on strike on May 18 in demand for the elimination of an 18cent-on-hour differential between the company's plants at The strike was called by the Alcoa local of the Aluminum Workers Union, an affiliate Alcoa and of the New Kensington, Pa. American Federation of Labor. Fred Wetmore, President of the union, said that the workers at the Alcoa plant received the basic pay a Kensington plant of 45c. an hour while those at being paid 63c. an hour. Mr. Wetmore added that the 1,500 workers in the carbon and were company had moved its lock-making operations to Stamford and that the reduction mills in Alcoa factory there "at present." being organized now by th? United Automobile Workers was will not be included in the strike Association. FiVe»Day Strike Ended Kearny, at N. J., Building & Drydock Co.—C. I. O. of Federal Plant Recognized Union as Ship gaining Agent j Workers at the Kearny, N. J., plant of the Federal Ship Building & Drydock Co., a subsidiary of the United States Steel Corp., approved a new contract on May 22 ending a five-day strike. Work was scheduled for resumption May 24 contracts on United reported valued at $20,000,000, including two States destroyers, two government tankers, and ships ordered by private interests. The con¬ tract approved by the workers had been offered by the com¬ several other to pany the Workers Industrial Union of America, an Industrial Organization. Marine of affiliate of & Shipbuilding Committee the Thirty Men's Clothing Plants in Newark, N. J., Closed Following Strike of Hand Tailors Bar- for Following the walkout of several hundred hand tailors, 30 men's clothing factories located in Newark, N. J., em¬ ploying approximately 3,000 men and women, were closed on May 24. The tailors went on strike, it is explained, over dissatisfaction over differences between their wages and those of operators and pressors. In Newark advices, May 24, to the New York "Times" of May 25, it Under was further stated: recent agreement a * ' * negotiated by Local 24 of the Amalgamated Clothing Workers, the union of which all the employees are members, there was a general increase of 12% in wages. The hand tailors quit, it was said, because of the lower scales paid them under the contract. They did not picket today, but formed an association and demanded that the local The strike was called on May 18 after one man had been suspended for participation in a sit-down demonstration the day previous. Following the calling of the strike the com¬ equalize the pay scales. pany suspended ing governments operations at the plant. Wage Increase Granted Employees of Thermoid Rubber Co.—Accord Ends Workers Trenton, 28-Day the at N. settlement Strike at plant of Trenton, the Thermoid J., have returned to May 5 of on J., N. their jobs of the Committee accord, which the was company, and was for concessions wage the as agreement, The agreement calls for in addition for wages June 1 will hour an to the all or and more an for Among 1,400, The terms extends of the accord May 5, to May 6: increase of 3c. an hour for men, from 45c. to women. will be as receive paid earning on an additional less than 5% 60c. general beginning hour an increase the basis of one-week holiday work will be included under Electric time and one-half instead previously; all employees with four years' a vacation with pay, and the time and one-half Manufacturing Co. Strike Ends of service Sunday and overtime basis, St, Louis~~ Two thousand union employees of the Emerson Electric Manufacturing Co., St. Louis, returned to work on May 17 following the adoption on May 14 of a tentative agreement granting wage increases ranging from 5 to 10%, plus other concessions. The workers had been on strike for 68 days. The agreement, which is a compromise between the company and the United Electrical and Radio Workers' Union, an affiliate of the Committee for Industrial Organization, was ratified by about 900 of the workers at a meeting on May 14. The provisions of the agreement were noted as follows in the Louis "Globe-Democrat" of May 15: The agreement granted of five months all workers an additional established. one-half for two hours' 5% immediate wage increase of 5%. At the end receiving less than 50c. an hour will be granted minimum base The work week is reduced from 48 to overtime. pay A of 35c. is hours, with time and wage 44 rate Employees called in but not put to work will receive car tokens, as has been the case in the past. instead of " an increase. It became steadily more evident, as studies of the problem continued, that the currency devalua¬ tions of the depression let loose forces which will be diffi¬ cult to control. stimulus to One of the most obvious of these gold production by occasioned price of the United States Government. the is the $35 gold All gold producing countries of the world have reported rapid increases of output of the yellow metal, while apprehensions of reduced gold prices in recent months brought about a dehoarding in movement Asian England countries that and of the some increased the Continental and visible supply tremen¬ dously. Much of the metal found its way to the Treasury at Washington, which absorbed all offerings at the $35 price. In consequence, the inactive gold fund of the Treasury ap¬ fund started was authorities took only in the last days of 1936. market, probably States. In The British of the offerings on the London auction some in response urgings to by the United South Africa, Australia, India and other coun¬ tries the question was debated eagerly. One reason for the international discussion of the matter was in Workers Receive 5% to 10% Pay Increases), St. two preceding months, interest in the gold question increased proximated $750,000,000 at the end of May, even though the hourly increase, employees one-third Emerson affecting be put into effect. All overtime will time The follows in Trenton advices, the New York "Times" of In affili¬ meeting May 5. a increases to the workers. 48c., and of lc. an signed by Fred E. Schluter, President of Joseph P. Dietrich, the union President, approved by the workers at summarized April 8 on Organization. Industrial other were in following the by Local 83, United Rubber Workers of America, ate Co. Rubber • Although apprehensions of monetary tampering by lead¬ were less pronounced in May than in the throughout the world. Plant 28-day strike, called a 1 Gold Problem the appearance International gold. The of the annual Settlements, report was which report of the Bank for devoted largely to submitted at_the annual meeting of was the B. L S. on May 3. The meeting was routine, save for the report, as a planned change in direction was carried out and the functions of the President divided between Sir Otto Niemeyer, who was elected Chairman of the Bdard, and W. Beyen of Holland; who replaced L. J. A. Trip as J. President. Some attention paid in the annual report to It was suggested, for instance, was ordinary economic problems. that expansion of business should be accompanied by a con¬ traction of governmental outlays on relief and other public works, since continuance of the extra stimulus might easily produce of an unhealthy boom. governments were the wrong time and The as The huge armaments outlays considered deplorable, as coming at tending to stimulate the wrong trades. nations trade were urged to grapple with the question of restrictions,- in which connection the situation remains much worse than before the depression. Attention also was MONTHLY REVIEW June, 1937] called lack to the of any Diplomatic „ It was report to r a gold problem, however, that the B. I. S. was devoted. The difficulty no the specifically more longer is merely but also of over¬ abundance, according to this document. Production of the metal in 1936 was 13^% over the 1935 level, and the total production of 35,254,000 ounces is the highest in history. The report foresaw a further increase, especially in South Africa and Russia, and the effect of this trend on the cur¬ rency systems of the world is fairly obvious. The world's monetary systems in 1936 had to absorb 4,024,000,000 Swiss gold francs in new gold, 1,000,000,000 In dehoarded gold, one of maldistribution, 1,073,000,000 from other central banks, it was pointed out. The grand total was 9,985,000,000 Swiss gold francs, of which 3,447,000,000 went to the United States Treasury, 2,865,000,000 to the Bank of England, 617,000,000 to the Swiss National 3,880,000,000 from the Bank France, and of Bank, and 2,090,000,000 to other central banks and exchange funds. A sharp decline was noted in the use of gold for industrial and adornment purposes, which also tended to increase the offerings to central banks. <'i ( . , Turning to remedial measures, the report indicates that consideration some might be given suggestions for control of production and possible curtailment of mine output. The question of restoring convertibilities of currencies into gold was studied, but not much faith was expressed in such ex¬ pedients. "It has also been suggested," the report added, "that the price paid per ounce for gold be lowered from the high figure to which it has risen in terms of depreciated currencies; in that way the amount of monetary purchasing power produced by a given weight could be reduced, and a restraining influence also could be exerted on the output of gold, for gold mining would become less profitable. It can hardly be doubted that at present lowering of the gold price would help cope with the serious problems resulting from overabundant production. It would, however, cause certain difficulties with regard to the valuation of existing gold and the relative positions of currencies (the far as equilibrium has already been attained, should be disturbed as little as possible). It would, more¬ reserves latter, in so involve the danger of manipulation of currencies in over, the future, which would add element of instability and an distrust to the monetary structure." International There being explored steadily for an increase of international trade. ^Secretary of State Cordell Hull called for an expan¬ of commercial relations May 22, In the course of exercises marking Maritime, Day and Foreign Trade Week, It is noteworhy that the nations seeking autarchy, or national self-sufficiency, were reminded quietly by the Sec¬ retary of the fundamental difficulties in their way.1 Such efforts by Mr. Hull seemed especially appropriate, since the of question ment rather ment on of on Anglo-American an under consideration hesitant reciprocal trade pact is this time, with the British Govern¬ at about the prospects. Popular senti¬ both sides of the Atlantic appears to be in favor special treaty, embracing the United States and all the nations of the British Commonwealth, but in the course of a debate in the House of Commons, on May 25, it was indi¬ a cated that London the Government leans rather toward Empire preferences than an inclusive trade treaty. It is significant that members of all parties implored the British Ministers in that debate not to lose the opportunity for con¬ cluding a States. m 7V7 sound But the useful and new Prime agreement with the United Minister, Neville Chamberlain, is not considered amenable to such arguments, and the mat¬ ter thus remains uncertain. The trade program pushed so patiently against heavy odds by Mr. Hull would be enhanced, of course, by an Anglo-American pact, but it will remain an contribution to world sanity in any event, for the numerous treaties already in effect have done much to aid international trade and goodwill.. important In the message course of the exercises on .May 22, Mr. Hull read a from President Roosevelt, in which the Chief Ex¬ ecutive called for restoration and expansion of international of "building the foundations of endur¬ commerce as a means Mr. Hull ing peace." comments. 0M, within its was far more explicit in his own He pointed out that no single nation possesses borders sufficient resources to satisfy its own Even the largest nations must pay a heavy penalty in the form of lowered living and cultural stand¬ ards if they persist in attempts to make themselves selfrequirements. sufficient by foregoing mutually beneficial exchanges of goods and services with other countries, Mr. Hull declared. A nation, falling into the unhappy state of abject degrada¬ tion contingent upon self-containment and isolation, can easily be misled into threatening to wrest by force of arms what it could have obtained more V' ••tAo:-.' satisfactorily by peaceful means, were it to follow a policy of cooperation rather than one of hostile isolation, he added. The most basic of the international relationships, Mr. Hull remarked, are those comprising the exchange of goods and services. ous barriers recent erected were to such economic and Secretary Hull called for years, But in redoubling With a good deal of justification he called this "the next step for world peace." /->•';■ •'' ■! :.Us.V i ■ ' 5 ; •» - r - ipsi?; vr .. on discussions remain somewhat uncertain. It is evident that the fascist group of Powers continues to seek means for augmenting its influence in European affairs, while aspects of world diplomacy also enter into the stiuation. France made some attempts to save the remnants of that country's , influence in these the Little matters Entente In area. connection with journeyed from |' the diplomats of Europe ' 1'• ' 1 where the coronation ceremonies were full in *7.'' ' )'■; .'■V country to country in the early days of May, while the prac¬ tice again was taken up in the final days of the month. In mid-May, however, all attention was centered on London, 7. • ■ swing and where representatives of all countries gathered to the coronation. It was reported in London '7-> observe dispatches that the British Government took good advantage of the meeting to conduct negotiations of its own, but the results of the exchanges guarded carefully. were Perhaps the most interesting of the diplomatic visits dur¬ ing May was one paid to Rome by the German Foreign Min¬ ister, Baron Konstantin von Neurath, on May 3. A brief communication, issued after the close of the meeting, stated merely that the conversations cordial were ;.V( WSMM confirmed and the close-parallel of German and Italian interests and pur¬ poses. Both countries, the statement said, look toward broader collaboration with other Powers, and toward assur¬ ances of greater and safer political stability in Europe, Also of some interest was an official visit paid to Hungary May 19 by the Italian King and on Government reported, late in May, modify the treaty with Russia, or up Queen. was as as The S7 mi French refusing to give desired by Ger¬ •r: " 7 7:' 7'- • Paris also endeavored to persuade Austria to join the Little Entente, as a means of preventing the formation many. of ;: a completely fascist bloc in Central Europe, but Austrian declined the invitation. Anglo-Italian relations were somewhat strained, owing to the refusal of the British Government to recognize formally the Italian annexation officials of Ethiopia. An impressive fete celebrate to notice ment the Italian was staged in conquest of Rome, May 9, Ethiopia, taken by other countries. was but little The Italian Govern¬ apparently considered this due to the British attitude, suddenly were recalled for all Italian press correspondents London and London. in This sensitiveness of Italian newspapers were 7'7;:7' permitted \ to gesture merely served to emphasize the Italian dictator to English opinion. the Late in May ordinary relations again press were restored, for the British took little notice of the matter. League of Nations Both the Assembly Nations met in electing Egypt as and the Council the former in May, a of the League of special meeting for full-fledged member, and the Council in ordinary problems. Little attention was paid to the League gatherings, as the Geneva organization a order to consider has fallen into international disrepute since it proved in¬ Ethiopia by Italy. The special Assembly session, held on May 26, admitted Egypt as the fifty-ninth member of the League. The election was unanimous, dispatches said, and the only shadow cast capable of preventing the conquest1 of the ghostly one of Egypt's ancient neighbor, Ethiopia. Ethiopia appeared at the session, but that country received oblique discussion just the same, when was No representative of the usual tion of report the Credentials The Polish delegate mitted. of the entire situation allows no Committee was sub¬ cautiously suggested regulariza- problem by remarking such doubts to exist as that the actual present at meeting, in September, 1936. But the Mexican spokesman objected strongly to any such state¬ ments and to any measure that might prepare the way for the exclusion of The were Assembly previous a member State. League Council started its sessions on May 24 and May 29, without accomplishing anything in particular. The sessions were occupied largely with the Spanish conflict, but the Council already was in adjourn¬ ment when, at the very end of May, a German battleship was bombed and ships of the German fleet bombarded Almeria in retaliation. Every effort was made by the British and French delegates to avoid any detailed discus¬ sion, and the Council ended by adopting suggestions to both Spanish'contestants fpr "humanizing" the war. Some desul¬ tory discussion was given a proposal for the withdrawal of all foreign contestants from Spain, but this matter was ended them on referred to the London Non-intervention Committee. The Council called this the "most effective remedy for this situa¬ tion of great gravity, which from the standpoint of general peace it feels bound to emphasize." The loyalist govern¬ quite'content with this procedure, ment at Valencia was not as a White Book was presented May 27 in which Italy Spanish war. This put the League in a quandry, of course, since efforts currently are being made to bring Italy back into full par¬ was on accused of taking an active part in the ticipation in League affairs. : V Spanish Cioil War numer¬ relations a of efforts to diminish or remove the impediments. ■7 ' carried were print nothing whatever regarding the coronation ceremonies Trade various indications in May that the pathways were conversations steadily in Europe, during May, but the results of the almost incessant from are sion European Alignments genuine revival of international financing. Europe was plunged into the throes of another late in May as a consequence of a war scare highly deplorable series of incidents in the Spanish civil war. The German warship Deutschland, riding at anchor in the harbor of Iviza, Ma¬ jorca, was bombed from the air on May 29, presumably by liili il t> MONTHLY REVIEW of airplanes regime loyalist the Valencia, at and traditional pomp and splendor, on May 12. stern reprisals quickly were ordered by the Nazi regime at Berlin. There is some doubt of the propriety of the German ship's to of account no ordered to bombard the action a Five ships loyalist port of Almeria, bombing of the German ship the dead at 23 and the wounded at 83. The incidents aroused much though three sailors even bombed was the from casualties occurred. air, killed. were and here, number a rallying symbol for the Empire. served lift to it into ultimate results first-class a and significant that the German the nounced withdrawal Government of its of Prime Minister. * time one as contemplating an appeal to both loyalists armistice, which would be followed not merely by withdrawal of foreign "volunteers," but also by and rebels for an negotiations. peace tained, they Even manner. shelved merely If failed the such to views in appear problem of actually armistice an that both sides would It be was May it asked of this measures was indicated facilitate the understood, would not consent to nature, for the German and Italian Gov¬ ernments were reported to be the rebel General, Francisco The finally rather well however, that the Italian Government diplomatic was to enter¬ were formal any quietly, and at the end of withdrawal of foreigners. willing to grant Franco, more for his time to campaigns. loyalist government at Valencia also was reported to of any kind, as the scout resistance put up by the troops of that side encouraged the hope in an eventual victory on the field of arms. : be in mood no for compromise . The actual fighting in Spain, throughout May, concerned chiefly the Basque port of Bilbao, which the rebels attempted to capture. Almost all the rebel centered in the resources appeared to be around area made was an Earl, and he thus takes his place The elevation of Mr. Chamberlain naturally left the post of office Chancellor of the Exchequer Lord President of the Council. if>'VV-:v"v Advantage Imperial Conference taken of the was cate that some was a naval incident of importance occurred, for the rebel battleship Espana precise moment that three loyalist airplanes sunk at the flew, over that a the vessel. Naval experts mine probably sank the ship. Espana put contended, however, The sinking of the stop to rebel, efforts to blockade the port of Basques prepared for a bitter-end defense by sending thousands of women and children to France and England, and the stage thus was set for a struggle that Bilbao. bids a The fair to continue to fighting around Madrid on a desultory scale. ture of few a also most devastating end. continued throughout The loyalists and in the area around loyalists the was few a sortees, Guadalajara they reported the cap¬ villages. reported staged The May, but Far to the successes. south But of fresh Madrid the difficulties appeared for the Valencia authorities, in the shape of a Syndico-Anarchist revolt in Barcelona, which cost many lives to put down. A reorganization of the Valencia Cabinet was considered advisable in order to cope with the situation. Great Britain Governments ceremonies followed crowned. and the of the British Commonwealth during May with the coronation changes in the British Cabinet that after George VI and Queen Elizabeth were The coronation was carried out with more than soon of Empire repre¬ from the Dominions were greeted by Prime Minister Stanley Baldwin on May 14, and it was emphasized in the opening session that political relations and questions of Empire defense would form the main substance of debate. In their responses, brought however, the Dominion Prime Ministers other matters as well, such as the question of world trade. W, L. MacKenzie King of Canada remarked that the nations of the British Commonwealth "had a defi¬ nite up responsibility to join with cooperate in or a exchange ticable or meetings other concerted effort to nations willing to avoid increasing tariffs quota controls, and to lessen in every prac¬ barriers to international trade." The the way were and they secret It became known late in are continuing into June. May, however, that a good deal of pressure was exerted for closer trade relations with the United States. Walter Runciman, President of the Board Trade, discussed on May 27 the question of a trade treaty with the United States, but it was reported that the British Minister made 'important reservations. South African representatives urged inclusion of the gold problem in the agenda of the conference, but here also some serious objections were voiced. On questions of Empire defense, of of was represented as were supplies and the marshaling of warfare. ' „ being in general laid for coordination resources in the event of , . ' Netherlands Election Results national election in Holland, on May 26, fascism, communism and other political ex¬ tremes are making little progress in the smaller European countries. The trend appears to be toward moderate pro¬ grams, and encouragement thus is given the contention that really free elections in the dictator-ridden States might well suggest of a that show similar results. The drift away from extremes was in a Brussels, Belgium, election several months ago, on which Premier Paul van Zeeland staked his political fortunes. In the Netherlands balloting, Premier Hendryk Colijn adopted much the same tactics, and achieved quite apparent similar aims. Voters tives Houses in both nervousness endeavor Premier were of asked to select 100 representa¬ States General, and some the as to the outcome, owing to a strenuous Netherlands Nazis to capture a sizable existed by proportion and peoples of Nations were absorbed ;'Y YYYYYjY" % wide range of subjects came up for discussion. a The delegates however, the gathering moreover, "■■■ presence sentatives in London, for the coronation, to hold another British Imperial Conference, and reports from London indi¬ agreement, and extensive plans the month, The office of Foreign Secre¬ tary remained in the hands of Captain Anthony Eden. At the start that' city of and that the to Bilbao, and the military vise was tightened slowly but steadily. The Basque resistance was most strenuous, however, and at the end of May the struggle still was in desperate continuance. about open, Liberal leader, Sir John Simon, former Home Secretary. Ramsay MacDonald, former Labor leader, resigned his office of Lord President of the Council, but he declined a peerage. Viscount Halifax, who was Lord Privy Seal, replaced Mr. MacDonald in the office of given was ' in May efforts were made by the London non¬ intervention body of representatives from 27 nations to find means for the withdrawal of troops of other countries from Spain. The British and French Governments were reported at The National character of the Cabinet day. with the Peers. of ^ ./ as followed preserved through the inclusion of Liberal and Labor Minister after consideration, through the establishment of neutral warships could ride at anchor without fear Earlier was Baldwin relinquished the cares of office on the plea of age, successor is only one year younger. The retiring Prime in which of attack. Chamberlain The advice of Mr. Baldwin his The entire matter was made the subject of an interpellation in the British House of Commons, on May 31, and Foreign Secretary Anthony Eden then stated that efforts were being made to minimize the situation. '•/. The British Foreign Office indicated that a plan to bring Germany and Italy back to the Non-intervention Committee already was under ■1 over, members, but in the main the new body remained Conserva¬ tive. It is interesting to note, moreover, that although Mr. such events. zones Com¬ ■,YY by the monarch as a matter of course, and Prime Minister Chamberlain announced his new list of Ministers May 31 that with the bombardment of Almeria they con¬ sidered the incident closed. ' Both Germany and Italy de¬ clared, however, that they would not return to participation recurrence ceremonies • Neville the was given against the crown, of God ganization of the Cabinet was effected in connection with later the same were grace ,v; the advice to George VI to appoint Neville ernment took the same step. In response to pleas by the British Government, the German authorities announced on in the work of the Non-intervention Committee until In assuming the •.,v;!■;: coronation London Non-intervention Committee, and the Italian Gov¬ adequate guarantees modern the first plan for resigning and passing the reins of government to other hands. This was done May 28, and an extensive reor¬ an¬ from this was Prime Minister Stanley Baldwin put quickly into effect his long-cherished question. immediately representative ■ • the With Deutschland, how¬ international thousands of by the "free will of the peoples of the British monwealth." unpredictable, of course, but it is are of King George remarked that he did so by the happened to cause far more casualties than any previ¬ incident, and the reprisal of the German Government •The hundreds haps better than anything else the fact that political ties have been loosened and that the Grown now represents the ever, ous millions, monwealth of Nations" was employed, which indicated per¬ An Italian ship also, The bombing of the mon¬ amid the of its kind in which the phrase 'the British Com¬ ceremony ' There dent, new ably interesting to note. that the requirements of world also were taken into consideration. It feeling throughout Europe, and efforts promptly were in¬ stituted by British and French leaders to keep the incident precipitating a general European war. T ; were numerous incidents in May which involved nationals of other countries, but the bombing of the Ger¬ man vessel was by far the most serious. The British destroyer Hunter suffered an explosion on the waterline from causes unknown, on May 14, but the British authori¬ ties regarded this as little more than an unfortunate acci¬ The occasion Abbey and back again, and no untoward incident marred the event. Although medieval rites were employed, it is placed from to the poured into London from all parts of the world to witness the pageantry. Only goodwill prevailed as the pro¬ cession moved from Buckingham Palace to Westminster wounded. were rose visitors and this of the inhabitants were killed and many score consort England's to addition were carried out early on May 31, with the result that was In the circumstances. such any his plaudits of their millions of subjects and with the assistance of emissaries from all parts of the British Empire. In since that area was allotted for patrol ships of other nations. But the German Government took in Iviza, presence and arch the of the seats. In contrast with the extremists, promise impossible things, but vote on the record of his "policy of economic crisis. The Premier's own Colijn refused to merely asked for a adaptation" to the Calvinist party increased its representation by two seats, and gains also were made by the two largest Parliamentary \ groups, the Catholics and Socialists. Liberal groups lost who expected to capture at least 10 seats, obtained only four. "Our people have thundered a decisive halt toward Nazism," Premier Cdlijn declared after the election. The Nazi leaders, as in Belgium, ad¬ ground, while the Nazis, mitted and defeat gained what comfort they could from May Steel Trade—Non-Ferrous Hides, Leather and Footwear follows: ton, May 25, 1937, at $17.92 a gross ton, for the first time since Declines in steel scrap during the month had been announced as follows: May 4, from $20.00 to $19.58; early April. At the close of May, 1936, steel scrap was quoted at $13.08 a gross ton. The operating rate of steel companies having approxi¬ mately 98% of the steel capacity of the industry, according to the American Iron and Steel Institute, was estimated at month as 91.0% of capacity for the closing week of the compared with 90.0% for the preceding seven-day period, 91.2% for the week beginning May 10, 91.0% for the week beginning May 3, and 92.3% for the week beginning April 26. plants are trend at this time of the year. All branches of the trade are anxiously watching for some indication of the future course of the "Following a most active first quarter, shoe curtailing operations in line with the usual hide market. "Shoe production in April is estimated at 39,850,000 pairs, 13% below the record established in March but nearly 20% For the first four months, output 161,800,000 pairs, or a gain of 23% previous corresponding period, while New England above April of last year. of footwear aggregated over the plants showed a gain of 27%. production was 'The record rate of shoe instrumental in reducing total visible stocks of all hides and leather by the end of March to a level 8.56% below March 31, 1936, and only 1.90% above the average on that date for the past 10 years, although the total supply of hides coming onto the market during the first. quarter was the highest in nine years. "Speculative overbuying, together with high-style features reception of higher retail prices, have combined to give inventory problems to some distributors. A small carryover of lights and colors accord¬ ingly is expected in some quarters. 'The cutting of suedes for fall should get under way within a few weeks, but much of the leather buying for the new run remains to be done. While there have been no and question a regarding the price reductions of widespread proportions, many of upper leathers have indicated a willingness to trade downward on small fill-in transactions. This conces¬ formal tanners Sole relatively firm. "While industrial payrolls continue upward, the leather trade feels that record performances cannot continue indefi¬ nitely. Consequently, tanners' production schedules, while sion is in line with moderately leather, on lower calfskin prices. the other hand, has held backed with moderate orders, are being servative basis. 'The maintained on a con¬ Sales commitments, furthermore, are held down to near-term Operations at the close of May last year were reported to be at the rate of 67.9% of capacity. As to non-ferrous metals, "Metal and Mineral "New England Letter," under date of May 31, discusses these markets as In its issue of May May 11, to $18.75, and May 18, to $17.92. pine and Northern hard¬ that of the 1936 week. The First National Bank of Boston, in its of the rate of cypress Metals 2.097c. for finished steel and $18.84 for pig . Southern Southern cypress, Northern woods reported production above respectively, and compares with iron at the close May last year. The decline in steel scrap prices, which had been continuous for seven weeks, was unchanged as of gross pine, West Coast, Southern hardwoods reported orders above Southern Northern but 27, the "Iron Age" reported as follows: "Seasonal influences are now more plainly at work in steel demand, though con¬ sumption is still holding up strongly in all important lines, except the automobile industry, where the approaching change-over to 1938 models is bringing production of parts for 1937 models to an end. However, steel orders from auto¬ mobiles for new models will soon be increasing. Although aggregate orders for steel have been running about 75% of current shipments, the pressure from consumers for deliv¬ eries has been relaxed to such an extent that much earlier shipments of some products are possible than could be ob¬ tained until very recently. This condition gives some buy¬ ers a false idea of present mill backlogs, which in some in¬ stances are still so large that deliveries of two or three months are not uncommonly quoted. Some steel companies loaded up more heavily on forward orders than did others, with the result that the delivery situation is more mixed than heretofore." The "Iron Age" composite price of fin¬ ished steel and pig iron were unchanged at 2.605c. a pound a but week of 1936; all but Southern and the two hardwood groups re¬ ported shipments above the similar week of 1936, and all pine, of steel continued at a high rate, with most consumers finding their stocks or commitments ample to take care of their nearby requirements. Steel scrap prices continued their downward trend, while the major non- $23.25 All those of the corresponding The production ferrous metals were unchanged. 22. hardwoods and hopeful references to the future. and 7 MONTHLY REVIEW June, 1937] being requirements. packers' hide market continued for many weeks on a asking prices well above what the tan¬ nominal basis, with Markets" The market for copper was quiet, with the price for that metal unchanged at 14.00c., Valley. The lead market maintained a steady tone during the month, and held at 6.00c., New York. With zinc deliv¬ eries against existing contracts heavy and absorbing the attention of producers, the fact that new business has been coming into the zinc market rather slowly of late has had little influence on the general situation, with consumption holding up remarkably well and the quotation remaining un¬ changed at 7.10c., New York. Tin was quiet and closed May 28 at 55.62%c. as compared with 57.12^c. on May 3. reported in substance as follows: ners were willing to pay. for last month's level While the large packers held out of prices and were estimated to have thereby accumulated about 900,000 hides, the other markets such as the futures, and Frigorificos receded. This stale¬ mate at was recently broken, however, with prices regarded by the substantial sales trade as favorable to the Grains -V.'', packers." • in leading produc¬ the close adjustment of sup¬ Uncertainty regarding the wheat crop ing countries, combined with plies to requirements, placed the world's wheat markets highly mixed condition during the past month. in domestic markets fluctuated irregularly, with the in a Prices under¬ Lumber Movement tone more or less nervous, and although there were sharp The lumber industry during the week ended May 22,1937, advances at times the general tendency was downward. The stood at 83% of the 1929 weekly average of production and principal price restraining influence was the fact that the 78% of 1929 shipments, according to reports to the National market will be called upon to absorb the pressure of the Lumber Manufacturers Association from regional associa¬ new crop movement, which should 'be under way by about tions covering the operations of hardwood and softwood the middle of June. For the first time since 1932 the pros¬ mills. New orders were reported somewhat below the pre¬ pects are for a crop well in excess of domestic require¬ ments. Thus the weight of the coming crop movement is ceding week and only 1% heavier than in the corresponding week of 1936. Shipments and production were about the expected to be the heaviest in years. On the other hand, same as for the May 15 week and above similar weeks of crops must still pass through the most critical growing 1936. Reported production is running the heaviest of any stages, and some authorities have pointed out that there weeks of this year or last. During the first 20 weeks of is still a possibility that the final outturn may well be 1937 to date, production, shipments and new orders were 5%, under current expectations. Consequently, price fluctua¬ 11% and 8%, respectively, higher than in the corresponding tions have been governed largely by weather conditions. week of 1936. In the 20 weeks, shipments were 11% and One of the outstanding developments in this respect during orders 7% above production figures. National production the past month was the growing realization that serious reported for the week ended May 22 by 3% fewer mills was deterioration was taking place in numerous Southwestern ■ 0.4% below, shipments 0.3% above, and new orders 6% During the week ended May 22 a total of 552 mills re¬ ported production of 288,601,000 feet of hardwoods and soft¬ woods combined; shipments of 264,584,000 feet, and booked orders of 223,433,000 feet. For the preceding week 566 mills produced 289,596,000 feet, shipped 263,824,000 feet, and re¬ ceived orders for 237,625,000 feet. For the week ended May 8 reports from 562 mills showed a total output of of 247,545,000 feet, and new For the week ended May 1 a total of 552 mills produced 242,142,000 feet, shipped 262,578,000 feet, and booked orders for 266,763,000 feet. Re¬ ported new business during the week ended May 22, 1937. was shown by mills reporting for both 1937 and 1936 as 14% above, shipments 16% above, and new orders 1% above the corresponding figures for the same week last year. All regions but Northern hardwood reported both orders and shipments below * production during the week ended 266,858,000 feet, business of 255,236,000 feet. shipments sections of the winter Scattered showers oc¬ according to reports rendered wheat belt. curred from time to time, but below the corresponding figures for the preceding week. only temporary relief. Eastern sections of the hard winter wheat belt and most of the soft winter wheat belt were said to be. in generally good condition. received in many Good rains were of these territories, but in numerous in¬ The North American spring wheat belts presented similar situations. While the crop outlook was favorable in the Red River Valley and adjacent sections, the western portions of the Dakotas and eastern Montana continued to suffer from lack of subsoil moisture. The same conditions prevailed in sections of Canada, notably in western and central Saskatchewan and parts of Alberta. These developments occurred at a time when unfavorable stances they were not needed. reports were also being received from several European Cold weather was said to have retarded cropa in England and Germany. Numerous wheat producing areas in France, Germany and Italy were reported to have suffered from excessive moisture. During the latter part of the crop countries. I 8 MONTHLY REVIEW month, however, beneficial rains in the dry southwestern portion of the winter wheat of the areas belt, the American spring wheat belt add in Canada improved the general out¬ on this side of the Atlantic and prompted increased offerings under which prices reacted. On May 9 the United States Crop Reporting Board estimated the winter wheat look of May 1 at 654,295,000 bushels, which was practi¬ same as the figure a month previously and in line with general expectations. On the same day the intended crop as cally the area at for spring wheat in Canada 24,367,800 in 1936. in ' acres as was sympathy officially estimated compared with 24,779,700 Cornxoats and rye also ruled with wheat. The Ribbed smoked sheets for spot delivery were quoted at 2034c. asked May 29, against 213-16c. asked April|30; 2694c. asked March 31; 22c. asked Feb. 27; 2194c. asked Jan. 30; 2194c. Dec. 31; 1894c. asked Nov. 30; 1734c. Oct. 31; 16 9-16c. asked Sept. 30; 1694c. asked Aug. 31; 16)4c. asked July 31; 1634c. asked June 30; 15 ll-16c. asked on May 29 (May 30 a holiday), against 1534c. asked April 30, the same as on March 31; againstjl594c. asked Feb. 29; 15c. asked Jan. 31, all in 1936. acres more or less Textile, sown Dulness irregular May deliveries, however, •were an exception and developed decided strength during the latter part of the month, this being particularly true of corn. weather characterized the textile conditions, continued labor trades, with adverse unrest and the further market skyrocketed the intermittent weakness of the security markets, constituting the chief causes for the reluctance of buyers to enter the market. Retail trade in particular suffered from unesasonal price of May to $1.40 per bushel, the highest price for any corn contract in Chicago in 17 years. Scarcity of cash corn temperatures prevailing during the major part of the month, although in comparing the volume of sales with last year, and allowance must be made for the stimulus A last minute squeeze in the corn high cash premiums were responsible for the squeeze. Chicago the July option for wheat closed on May 29 (May 30 fell on a Sunday while May 31 was a holiday) at 112%c. as against an opening price of 11914c. on May 1. In At Winnipeg the July wheat option closed 121%c. May 31 at May 1. July on against an opening of 129%c. on closed at 123c. on May 29 compared with opening of 119^4c. on May 1. July oats closed at 45%c. against on opening of 45c. July rye closed at 102%c. as corn as in Chicago an compared with the opening of 1(M94 c. on May 1. Sugat . ' Price movements in the sugar "futures" market were con¬ narrow limits during the past month with the general undertone easier. The month passed without record¬ fined within ing any definite progress for the pending sugar removal of the uncertainties which surround legislation or the domestic situation. The Administration bill as well as the re¬ vision proposed by the House Agricultural Committee are strongly opposed by various interests. Whether or not a sugar bill will be enacted this session continues to be very problematical. Hence, in view of these uncertainties, it was not surprising that raw sugar prices likewise displayed an easier undertone. In regard to the world sugar contracts on the New York Coffee & Sugar Exchange—prices steadied during the latter part of the month. Sentiment was helped to some extent by reports that Cuba would extend the expiraion date on 1937 "open" market certificates to Sept. 1,1938, sugar which would make unnecessary forced sales of such before the year end. Sales of Cuban raw sugars sugar during the light and consisted of the following, all exclusive of duty: on May 4 afloat at 2.55c. c. & f.; on May 12 prompt at 2.55c. c. & f.; ; on May 19 afloat at 2.45c. c. & f. and on May 21 afloat at 2.45c. c. & f. The wholesale list price for refined, immediate delivery, was quoted by all refiners at month were 4.80c. until May 24 when the price V.'>7 - Coffee was reduced to 4.70c '/•/ >•■";/ • ^Coffee markets, contrary to the trend in some of the other commodity markets, forged ahead during the past month. Spot markets also showed improvement, not only in prices, but in demand as well with roasters making pruchases in a liberal way. Brazil appeared to be determined to maintain her support of prices, by requiring still greater sacrifice quotas for this year's crop. According to cable advices, the Brazil¬ ian convention of Coffee Producing States decided in favor a sacrifice quota of 70% on the next of Brazilian crop. It agreed that 30% of the crop must be given up to National Coffee Department at 5 milreis per bag and 40% would be acquired by the Department at interior points at a payment of 65 milreis per bag, leaving but 30% free for export. It was also reported that taxes would be unchanged until the was end of 1939. No. 7 Santos was quoted on May 29 at 10^c. (May 30 fell on a Sunday and May 31 was a holiday) against 1094@1094c. April 30; 1094c. March 31; 11 J4c. Feb. 27; 10^@10%c. Jan. 30; ll%@12Me. Dec. 31; 994c. Nov. 30; 894c. Oct. 31; 8(2)83^c. Sept. 30; 8@894cA Aug. 31, the same as on July 31; 794 @734c. June 30, the same as on May 29, against 734@794c. April 30, the same as March 31; 8@834c. Feb. 29; 8@8Mc. Jan 31, all in 1936. No. 7 Rio was quoted on May 29 at 994c., against 9^0. April 30; 934c. March 31; 9%c. Feb. 27; 994c. Jan. 30; 894c. on Dec. 31; 894c. Nov. 30; 894c. Oct. 31; 8@894c. Sept. 30; 8c. Aug. 31; 894c. July 31; 7c. June 30; 6^@7c. May 29 (May 30 a holiday), against 694c. April 30; 694c. March 31; 694c. Feb. 29; 7J4@7c. Jan. 31, all in 1936. Rubber Crude • l rubber, following the severe break during the previous month, early in May staged a mild rally as fears were dwindling concerning serious difficulties in certain foreign quarters. The settlement of the Firestone strike and a fan* increase in factory buying also helped to temporarily steady, the market.^ About the middle of the month, however, a new reaction was caused by the report from Germany that the Government would levy a high import duty on all crude rubber entering the country, the pro¬ ceeds to be used for the stimulation of the domestic rubber industry.^ Following synthetic another slight rallying move¬ new low ground as the Inter¬ Regulation Committee at its meeting ment, prices again sagged to national Rubber May 25 failed to take any new quota action, and factories continued to stay out of the market. time from business the came * resulting at that payment of the soldier bonus. Wholesale a virtual standstill as merchants placed . to few new orders, in view of the slow movement of goods in retail channels, the existing ample inventories of merchandise and the continued scattered resistance of the consuming public to higher price demands. Quotations showed a declining trend reflecting the continued unsettlement in the primary markets. Raw cotton during the early part of the month rallied slightly from its previous decline. Later, however, the downward movement was resumed, although in the closing days of the month another mild recovery was under way. Causes for the early steadiness were the somewhat better tone displayed by the security markets, ,■ ^ un¬ favorable weather reports coming from parts of the belt, the excellent consumption report for the month of April, and foreign advices indicating a substantial reduction in the Argentina crop. Toward the middle of the month, prices again showed distinct weakness as weather conditions in most parts of the South turned decidedly favorable, and reports from the domestic goods market continued to stress the virtually complete absence of new buying. With the major part of the planting now having been finished, the crop appears to be off to a fairly good start. While some reports dwell on the lateness of the season, it is asserted that reason¬ ably good weather conditions will be able to overcome this setback. During the latter part of the month a somewhat steadier tone developed, as foreign buying increased and reports arrived from the South stressing the need of moisture in parts of the Southwest. Spot cotton here in New York was 13.41c. May 1, and from that fignre advanced to 13.62c. May 6. A subsequent decline carried the quotations to a new low of 13.12c. May 13, from which point, however, the price recovered to 13.30c. May 28. Trading in the printcloth market was extremely dull, with total sales amounting to not While than more mills a small fraction of remained busy on the current output. the existing large backlog of unfilled orders, reports were current that stocks of goods showed small increases. Printcloths at Fall River for 28-inch 64x60's declined from 634-6c. to 594c. May 8. On May 22, the quotation was again marked down to 594c., at which figure it stood May 28. The price of 27-inch cloth 50x64's was 534 to 534c. May 28, against 594c. April 30. Osnaburgs were quoted 1134c. May 28, as compared with 1134c. April 30. The report of the Census Bureau issued May 14 and covering the month of April, while registering a decline from the previous record month, showed that con¬ sumption reached the largest April figure ever reported. The amount consumed was given as 718,947 bales of lint and 72,795 bales of linters, compared with 779,302 bales of lint and 74,321 bales of linters in March, 1937, but only 576,762 bales of lint and 61,747 bales of linters in April, 1936. The woolen goods market continued lifeless. While mills able to maintain their active rate of production, due to existing accumulation of unfilled contracts, clothing manufacturers placed few new orders, because of continued slow movement of goods at retail. During the latter part of the month, sentiment improved somewhat owing to im¬ pending substantial purchases by government agencies. Japanese double extra 13-15 deniers were quoted May 29 at $1.77@$1.82, against $1.77 @$1.82 April 30; $1.97@$2.02 March 31; $1.80@$1.94 Feb. 27; $2.00@$2.05 Jan. 30; $2.01 @$2.06 Dec. 31; $2.07@$2.12 Nov. 30; $1.84@$1.89 Oct. 31; $1.71@$1.76 Sept. 30; $1.68@$1.73 Aug. 31; $1.69@$1.74 July 31; $1.59@$1.64 June 30; $1.49@$1.54 May 29 (May 30 a holiday), against $1.66@$1.71 April 30; $1.83@$1.88 March 31; $1.61@$1.65 Feb. 29, and $1.87@ $1.92 Jan. 31, all in 1936. were the In the of the 20-22 deniers Japanese crack double quoted at $1.73 @$1.78 May 29, against $1.82@ $1.87 April 30; $1.81@$1.86 March 31; $1.76@$1.81 Feb. 27; $1.94@$1.99 Jan. 30; $1.91 @$1.96 Dec. 31; $2.01@ $2.06 Nov. 30; $1.77 @$1.82 Oct. 31; $1.63@$1.65 Sept. 30; $1.60@$1.65 Aug. 31; $1.65@$1.70 July 31; $1.63@$1.68 June 30; $1.44@$1.49 May 29; $1.61@$1.66 June 30; $1.44@$1.49 May 29; $1.61@$1.66 April 30; $1.84@$1.86 March 31; $1.63@$1.68 Feb. 29, and $1.89@$1.94 Jan. 31, extra case were all in 1936. , Petroleum and It» Producte An increase of 8 cents a barrel in crude oil prices in the Texas field to $1.35 a barrel, the East highest in seven ^ MONTHLY June, 1937] KEVIEW Immediate oppositionlthroughout the oil industry and Government oil control agencies to a recommendation by the featured developments in the domestic petroleum during May. The change was the first advance since last January when a general boost of 12 cents a barrel was posted in all major producing areas East of the Rocky years, tield Mountains. , House Committee Appropriations to the Department of releasing monthly Bureau of Mines resulted in the House Committee dropping the provision in the appropriation for the Department of the Interior for¬ In contrast to January's advance, when Humble, Standard of New Jersey subsidiary, took the initiative in moving up prices for crude oil, the May advance was started by Magnolia Petroleum, a subsidiary of the Socony-Vacuum Oil Co. The increase, posted on May 22, was met by all other oil com¬ panies operating in the affected area almost immediately. Not unexpected in the trade, the new high price was the result of a local condition prevailing throughout the East Texas field. Premiums paid there for several months in¬ dicated that sooner or later a posted increase in the price of crude oil would recognize the existing competition for sup¬ plies of crude oil. Whether the advance would spread to other fields immediately is problematical but the underlying price structure of crude postings was strengthened by the it increase bidding use of funds for the market estimates. News from Washington of the threat to the continuance of the crude oil-motor fuel monthly advance estimates by the Bureau brought immediate support from the American Petroleum Institute which declared through William Boyd, executive secretary, that "we are strongly in favor of these forecasts. ' They serve a wholesome purpose in furnishing information about the probable market situation to the producer, consumer and the industry generally." The Independent Petroleum Association of America announced that it felt that "forecasts the States as result of the a Commission's orders to its conservation staff to keep barrel production within the quota. In the Wilcox zone in Oklahoma, a cut of 4,000 barrel to 128,000 to have been inserted through the intervention of the Na¬ tional Oil Marketers Association, which held that the fore¬ casts tended to restrict output, and thus raise the price of oil. Full support of the monthly market estimates was voiced by Secretary of the Interior Ickes. "I doubt very much whether the forecasts raise prices," Mr. Ickes said, adding, "while I am in full sympathy with the marketers, I think they blame the wrong thing for what they complain of." At the time of the plan, which was quickly abandoned by the House group, it was pointed out that during the latter part of 1936 and early 1937, major producing States ignored the Bureau's recommendation due to the steady decline in crude oil stocks. , : , , , , , Extension for two years of the Interstate pact for conserva¬ tion of oil and gas and elimination of useless waste production by the Interstate Oil Compact Commission, representing the six member States, at its meeting in New Orleans early during May. The agreement now goes to the Governors of the various States in the group for their re¬ spective signatures. California and Louisiana again were asked to join the Commission as full participating members. The tax collectors get more than 20 cents of each dollar received by oil companies from customers in exchange for petroleum products, and have become the largest single recipients of company funds, according to an analysis of the was voted Billings Wilcox by 2,000 to 7,000. annual financial statements of 16 representative oil companies prepared by the American Petroleum Industries Committee. Of the $3,231,000,604 received by these companies from customers in 1936, the tax collector took $661,492,896, or 2,000 20.48%. barrels was ordered and the percentage was cut to 10. the class C group, Fitts Hunton In boosted 6,000 to 30,000; Crescent Pool was cut lowered 1,000 to 19,000 was to 10,000; Edmond Pool barrels, and Fitts Upper Simpson reduced 4,000 to 56,000 Crude oil price changes posted barrels. Central Committee of California Oil Producers set the base quota for crude oil production in the State at advance of 8 cents barrels 7 603,900 daily, unchanged from the figure fixed for May, but more than 50,000 barrels above actual daily average output during the first three weeks of the month. The blame for 6# the high output is laid on the new Wilmington field where average production for the first three weeks of 44,000 barrels daily was more than 30,000 barrels above its quota. With the exception of this one field, other producing areas were about in line with the Committee's allowables, which, in¬ cident ally, is above that recommended by the Bureau of Mines. ^ All major crude oil producing States won increases in the June daily average market demand estimates of the United States Bureau of Mines. The Bureau's forcast indicated demand of 3,366,000 barrels daily, an increase of barrels 33,100 over the May daily average and 359,800 barrels above the actual production in the like 1936 period ( The new recommended total compared with actual production of 3,550,450 barrels during the week ended May 22, latest i$.StS available statistics. The 16## ##6' for June :5f! schedule setup by the Bureau's recommendations shows daily average production of crude oil States follows: new as by May « June 1,340,800 1,354,000 Kentucky 622,700 625,000 Montana California—L 583,000 585,900 New York Louisiana.......... 249,400 252,000 Illinois Kansas 187,100 190,700 West Virginia. New Mexico....... 99,800 102,000 Ohio Pennsylvania 52,600 52,400 Colorado Wyoming 49,000 51,000 Indiana.... Michigan 34,900 38,400 Arkansas Totals 28,500 ' 28,300 ■ May 14,800 15,200 14,500 12,500 10,500 Texas MR') Oklahoma ... 10,300 4,800 2,200 June 15,700 15,400 14,700 12,800 9,700 10,600 4,800 2,300 ....... ■ A during May follow: Crude Oil The new daily average 3,332,900 3,366.000 high in crude oil production of 3,551,950 barrels for the United States was set in the week ended May 15 with surplus stocks of crude available for storage rapidly mounting. Crude oil stocks held in the United States (domestic and foreign oil) rose more than 2,100,000 barrels during the first two weeks of May (latest period covered in the Bureau of Mines figures) and at 305,365,000 barrels on the latter date were some 18,000,000 barrels above the 15-year low set Jan. 23, last. May 21—Magnolia Petroleum, subsidiary of Socony-Vacuum, posted a. m. a an barrel in East Texas crude oil prices to $1.35, effective May 22. May 22—Bell General Pipe Line, Atlas Pipe Line, Root Petroleum, Tidewater Associated, and DeSoto Crude Oil Purchasing Co. met the 8-cent advance posted in East Texas crude prices by Magnolia. May 24—Texas, Sim Oil, Arkansas Fuel Oil, Shell Petroleum and Humble Oil & Refining met the Magnolia boost, making the advances retroactive May 22. K to May 25—Sinclair-Prairie Oil met Magnolia's boost in East Texas, making the 8-cent increase retroactive to May 22. Gasoline stocks dipped during May as the Spring-Summer seasonal rise in consumption gained momentum. The de¬ clines during the latter part of the month were in the face high in refinery rates to 84.1% of capacity. Do¬ was estimated to be 9% above the like 1936 period by the United States Bureau of Mines. ##:;•' k-vV In the refined products' market, feature of the month was a boost in Grade C bunker fuel oil prices along the Atlantic Coast, Gulf and Pacific Coasts. There were some scattered qhanges in postings in motor fuel prices, all Covered in the following table of representative price fluctuations in United of a new mestic motor fuel demand for June . States markets. a > May 4—Standard Oil of Ohio rescinded the State-wide advance of H cent gallon for all grades of gasoline posted April 29. May 6—Standard of New Jersey cut the price of ethyl gasoline to tankdealers IX cents a gallon, and to tank car buyers and jobbers by wagon IX cents. and the The change, effective May 10, affects New Jersey, Maryland District of Columbia. May 10—Standard of New Jersey lifted Atlantic and Gulf Coast port terminal and tank car prices of Grade O bunker fuel oil 5 to 15 cents a barrel. May 11—Standard of New Jersey lifted Philadelphia terminal and tank car ,v highest importance to demand for gasoline and motor fuel, and estimates of crude oil production to supply such demand." The rider was said .. output as compared with the figure set for May 1. The production total in the East Texas field was unchanged. The cuts were as follows: Panhandle area, 5,000 barrels daily; North Texas, 5,000 barrels; West Texas, 15,000 barrels; East Central Texas, 3,000 barrels, Rodessa, 5,000 barrels; Southwest, 13,000 barrels and Gulf Coast, 15,000 barrels. The Oklahoma Corporation Commission for the second month set the daily allowable for the State at the same level as that recommended by the Bureau of Mines. The 625,300barrel figure represented only a nominal gain over the May total and necessitated percentage cuts for numerous pools of the terior, which stated "no part of this appropriation shall be available for the preparation of monthly forecasts of the Texas chairman of the Commission said. The new quota set by the State body, effective as of June 1, represents a dip of 60,975 barrels daily in the State maximum are Wilt ;&>$&?:■ industry," and voiced its opposition to any move to discontinue them. i s / The threat to the Bureau's work on the advance market forecasts was in the form of a rider to the bill appropriating funds for parent organization, the Department of the In¬ The Texas Railroad Commission for the first time has set its monthly allowable (June) figures at approximately the same level as that recommended for the State by the United '#16. r'r-^rr V in the East Texas field. Bureau of Mines. The change in tactics by the regulatory body, which several months ago took the lead in a general move to set allowables far above the levels estimated as necessary by the Bureau, was due to the steady rise in crmde stocks because of the record high production of crude oil. ' .:v v ' The June allowable for the nation's largest oil prpducing State was set by the Commission at 1,354,400 barrels, ap¬ proximately 95,000 barrels less than actual output as of May 17 and far below the June nominations by purchasers of 1,645,825 barrels. "This drastic cut has been made necessary by the intensive and successful drilling campaign that has been waged in Texas and elsewhere," C. V. Terrell, on the Interior that it abandon the practice of crude oil market estimates through the _ . 9 prices of Grade C bunker fuel oil 15 cents to $1,35. May 19—Major companies increased bunker fuel oil 15 cents a barrel and Diesel oil 30 cents a barrel at Pacific and Gulf Coast ports. May 26—Texas Corp. and Socony-Vacuum posted a X-cent a gallon boost in tank car and tank wagon prices of regular and premium grade effective immediately throughout northern New Jersey, May 26—Standard of New Jersey lifted tank car and tank wagon prices of regular and premium grade gasoline H~cent a gallon in northern New motor fuels, Jersey, effective May 27. May 26—Hartol products lifted tank car prices of tank M-cent at Bayonne to 7 X cents. car gasoline illl lis fiV.' '.i EEYIEW MONTHLY 10 To Redeem FINANCING THE MAY OF THE UNITED STATES TREASURY March and April, the Treasury began to find the breaks turning its way in May. The market for Treasury securities was steady to firm during the month, and in the Treasury bill market there was a distinct improvement in the rate at which the weekly offerings were taken. Where the Federal Reserve banks had found it nec¬ essary to buy $96,013,000 of Government securities in April to bolster the failing market, in May their purchases totaled only $50,000. Unloading of Government securities by member banks, which had been heavy in the two previous months, slowed down considerably in May. With the halt in the boom in the commodity markets, the Federal Reserve's easy money policy seemed more securely based, offering After Average tions Price Yield $50,014,000 50,045,000 50,027,000 50,072,000 50,044,000 50,140,000 50,019,000 50,182,000 99.440 0.738%) 99.863 0.430%/ 50.030,000 99.674 50.112,000 99.888 0.662%) 0.376%/ 29 1937 $135,389,000 132,280,000 6 1937 164,362,000 1937 1937 1937 1937 1937 1937 1937 138,172,000 169,035,000 171,777,000 185,551,000 171,019,000 179,085,000 140,170,000 Apr. 29 Apr. May 6 13 13 20 20 25 25 May May May May May May May Maturing Amount Accepted Offered trying time of it in a Subscrip¬ Bills 1937 NEW 99.801 0.723%) 99.820 0.507%/ 99.480 0.685%) 99.838 0.479%/ 99.532 $50,019,000 0.531 % 99.452 0.617%) 50,090,000 50,064,000 50,046,000 50,012,000 SECURITY ISSUES IN MAY financing for May again New corporate Issue of— reflected the very prevailing in the domestic market. As a consequence, the total volume of new emis¬ sions registered a further decline during the month as com¬ holders of Government issues some reason to believe that the pared with April and a like period one year ago. The month, Government bond market would not break badlv at this time. however, was not devoid of large issues as may be witnessed Most important of all to the Treasury, thoigh, was the by the $42,500,000 offering of the Southern Bell Telephone Supreme Court's decision on May 24 upholding the constitu¬ tionality of the Social Security Act. This decision insured Co., which ranked first during May as to size. Below we that the Treasury would continue to receive large sums for give the larger offerings for May: unemployment insurance and old-age pension account and RAILROAD FINANCING could take these sums into the general fund for use as it saw unsettled conditions at present w fit. $7,740,000 Pennsylvania ' bond prices firmed up Government Supreme Court decision was made known. Washington dispatches of May 24 said that taxes under the Social Security Act of old-age pensions and unemployment insurance were expected officially to amount to $324,600,000 by the end of this fiscal year on June 30, and the intake from these levies in the next fiscal year, it was 1 >V, officially estimated, would $774,800,000. Should the estimated net deficit of $418,000,000 in the next fiscal year be eliminated by budget¬ total ary economies or be taken care of by receipts from the sale baby bonds, the funds received by the Treasury on social security account could be used to take up Government securi¬ ties from the open market. The prospect that the Treasury would be a buyer of its own securities on a large scale next of 6,810,000 Cincinnati New Orleans & Texas to assume the Government bond market. Supreme Court's decision, Secretary of the Treasury Henry Morgenthau Jr. announced that the sale of $50,000,000 extra of Treasury bills every week was being discontinued after the May 28 sale. Including the May 28 issue, the Treasury raised $350,000,000 of new money through the sale of discount bills maturing at the September ' • - Pacific Ry.—The Inter¬ May 4 authorized the company obligation and liability in respect of not exceeding $6,810,000 series H, 234% serial equipment-trust certificates, to be issued by the Pennsylvania Co. for Insurances on Lives & Granting Annuities, as trustee, and sold at 96.678 and dividends in connection with the procurement of certain equipment. The report of the Commission says in part: The applicant invited 56 firms and corporations to bid for the purchase of the certificates. In response thereto five bids were received. The highest bid, 96.678 and dividends, was made by the group comprised of Salomon Brothers & Hutzler; Dick & Merle-Smith, and Stroud & Co., Inc., and has been accepted. On this basis the average annual cost of the proceeds to the applicant will be approximately 2.98%. state Commerce Commission on year served to hearten Three days after the tax date. RR.—The Interstate Commerce Commission on May 4 authorized the company to assume obligation and liability, as guarantor, in respect of not exceeding $7,740,000 equipment-trust certificates, series H, to be issued by the Fidelity-Philadelphia Trust Co., as trustee, and sold at 98.379 and accrued dividends in connection with the procurement of certain equipment. ■, : / V The report of the Commission says in part: The applicant invited 7,8 banking firms, insurance companies, and savings funds to bid for the purchase of the certificates on (1) a 2%% dividend basis, and (2) a 3% dividend basis. In response thereto bids were received from rive groups comprising 19 firms. The highest bid, 98.379 and divs. ona2%% dividend basis, was made by Brown Harriman & Co., Inc., and associates, and has been accepted. On this basis the average annual cost of the proceeds to the applicant will be approximately 2.99 %. at once after the 6,490.000 Northern Pacific Ry.—Salomon Bros. & Hutzler, Dick & ■ said the Secretary on May 27, and June 15 the only Treasury bill offer¬ Merle-Smith and Stroud & Co., Inc.,on May 5 offered a new ing will be the roll-over of $50,000,000 of 9-month bills each week. I want to make clear that we do not plan, as has been to^May 1, 1947, incl., and were priced to yield from 1.10% to suggested, to stick in an extra offering." When Secretary Morgenthau made the announcement of discontinuance of the extra bill offering weekly, the Treas¬ value and dividends by the company and are legal investments for savings banks in New York in the opinion of counsel for "I want to make clear," "that between now ury's working balance was down to $483,000,000, but he said that this amount allowed "plenty of margin of safety." The Secretary stated on May 10 at a press conference that the Treasury had abandoned its former policy of maintaining a cash working balance of at least $1,000,000,000. This lowering of the cash balance, he said, was in accordance with an agreement with the Federal Reserve authorities concluded prior to the increases in reserve requirements this year. Mr. Morgenthau disclosed on May 24 the fact that the details of the June 15 financing would be made public on June 7. The Treasury has $300,000,000 of discount bills falling due around the June tax date. These bills can be paid off from the proceeds of the June tax collections, which, according to Washington advices, are expected to total $550,000,000, but Mr. Morgenthau has stated that the Treasury will raise new money on June 15. The only new money which the Treasury raised in May was by sale of $50,000,000 of additional discount bills each week. The rate on the 273-day bills declined from a peak of 0.738% for the bills dated May 5 to 0.562% for the bills dated June 2. The first public financing ever undertaken by the Federal Home Loan Banks came on May 5 with the offering of $25,000,000 of 1-year llA% consolidated debentures of the 12 banks at 100 and accrued interest. The subscription books closed were on the same a heavy over-subscription. The debentures, joint and several obligations of the Home Loan banks, were dated April 1, 1937, and are^due Apriljl, 1938. Secretary Morgenthau announced on'May 15 that net market purchases of Government securities for Treasury investment accounts in April amounted to $11,856,500, compared with $119,553,000, the highest total on record, in are the March. V ~ ^ jpiThe details of the sales of ^Treasury bills sold on a dis¬ . count basis are given in the following tables: of $6,490,000 2%% serial mature $649,000 The certificates The' certificates are equipment trust certificates. annually from May 1, 1938 unconditionally guaranteed the company. Issued under the Philadelphia National Bank, New York, trustee. as to par plan with First [Salomon Bros. & Hutzler were awarded the issue on a bid of 100.6423. Their other bid was 101.8807 for 3s. Other bids were: First Boston Corp., 99.917 for 2%s\ Evans Stillman Co., 99.763 for 2Ms, and 100.991 as 3s; Brown Harriman bid 100.129 for 2 Ms, and 101.362 for 3s; Freeman & Co. bid 99.188 for 2Ms; Wood, Struthers & Co. bid 99.475 for 2Ms, and 100.705 for 3s; Halsey, Stuart & Co. bid 99.158 for 2Ms, and 100.288 for 3s. There were no other bids.] 4,460,000 Chicago & North Western Ry.—The Interstate Commerce Commission on May 8 authorized the company to assume obligation and liability in respect of not exceeding $4,460,000, series Z, 2M% equipment-trust certificates, to be issued by the Central Hanover Bank & Trust Co., as trustee, and sold at 95.373 and divs. in connection with the procurement of certain ; v equipment. v,;. The report of the Commission says in part: The certificates were offered for sale through competitive bidding and in addition individual requests for bids were sent to 92 bankers, banks, trust companies, and life insurance companies. In response thereto one bid, of 95.373 and divs., was received. This bid was made by a group comprised of Salomon Brothers & Hutzler. Dick & Merle-Smith, and Stroud & Co., Inc., and has been accepted. On this basis annual cost of the proceeds to the railway trustee proximately 3.43%. ■ the average will be ap¬ ... Pacific RR.—Freeman & Co. on May 11 were an issue of $4,260,000 334% equipment trust cer¬ tificates, series BB, maturing serially June 1, 1938-1952, inclusive, on their bid of 100.1556. Two other bids were sub¬ mitted for the certificates which were offered at competitive sale, 100.077 by Salomon Bros. & Hutzler and 100 by Brown Harriman & Co., Inc. The certificates are the obligation of the Missouri Pacific trustees. No public re-offering is con¬ 4,260,000 Missouri awarded had templated, the bankers announcing that the entire issue been placed privately. day the debentures Were offered after which issue 2,000,000 Detroit Toledo & Ironton RR.—Salomon Bros. & Hutzler have been awarded the $2,000,000 2M% equipment trust ' • certificates on •; Brown a bid of 98.2931. Harriman & Co. bid 97.789 and Bancamerica Blair Corp. bid 97.781. No other bids were submitted. The company has applied to Interstate Commerce Commission for authority to issue and sell $2,000,000 2M% equipment certificates in connection with contemplated purchase of 750 . i„ , automobile box-cars at total estimated cost of $2,500,000. 1,200,000 Wisconsin Central Ry.—The First National Bank oFT&inneapolis was the highest bidder May 24 for $1,200,000 334% equipment trust certificates, with a bid of par and a premium ' of $200. The certificates are due in t./AAAAv-'m Halsey, Stuart & Co. bid par. ' Bills:: Bills Dated Offered Apr. Apr. May May May May May May May May 29 1937 29 1937 6 1937 6 1937 13 1937 13 1937 20 1937 20 1937 25 1937 25 1937 f May 5 1937 May 5 1937 May 12 1937 Amount of Offering Mature 2 1938; 273 days $50,000,000 Sept. 17 1937, 135 days 50,000,000 273 days Feb. 9 1938 50,000,000 Feb. May 19 1937 Sept. 17 1937,' 128 days Feb. 16 1938 { 273 days Sept. 18 1937*. 122 days May 26 1937 Feb. 23 1938 273 days 50,000,000 May 26 1937 June 2 1937 Sept, 18 1937 50,000,000 2 1938 i 115 days 273 days 1937' 108 days 50,000,000 May 12 1937 May 19 1937 June 2 1937 Mar. Sept. 18 50,000,000 50,000,0001 50,000,000] 50,000,000] from Subscripy one to ten years. Hons I $135,389,000 132,280,000 164,362,000 138,172,000 169,035,000 171,777,000 185,551,000 171,019,000 179,085,000 140,170,000 , PUBLIC UTILITY FINANCING 1 ' $42,500,000 Southern Bell Telephone & Telegraph Co.—Another step in the refunding program of the Bell System was taken May 5 with the offering of $45,000,000 25-year 3 34 %fdebentures, / v.. due on April 1, 1962. Of this total, $42,500,000!!was offered to the public by a banking sundicate headed fby Morgan '' " -Stanley & Co., Inc., and 47 other banking houses. The offering price was 9634. to yield 3.46% to maturity. The remaining $2,500,000 of the debentures will be sold on or before July 1, next, at 9434 to the trustee of pension funds established by affiliated Bell companies. ,, . MONTHLY EEYIEW June, 1937] 2,600,000 Neigner Brothers, Inc.—An issue of 25.000 shares of 4M% convertible serial preferred stock (par $100) was offered May 10 at $104 per share (and div. from May 1) by Lehman Brothers, Lazard Freres & Co., Inc. and King, Crandall & Latham, Inc. Underwriters—The names of the several principal underwriters of $42/500,000 of these debentures, and the several amounts underwritten by inem respectively are as follows: Name—Address Name—Address Morgan Stanley & Co., N. Y. $7,500,000 Kuhn, Loeb & Co., N. Y.___ 3,750,000 3,000,000 Kidder, Peabody & Co.,N. Y. 1,500,000 LeeHigginson Corp., N. Y... First Boston Corp., N. Y.--_ 2,500,000 Brown Harriman & Co.,N. Y. 2,500,000 Edward B. Smith & Co.,N.Y. 2,500,000 Almsted Brothers, Louisville200,000 200,000 Baker, Watts <fc Co., Baltim'e Chas. D. Barney & Co.,N.Y. 500,000 1,000,000 1,000,000 200,000 300,000 400,000 500,000 Blyth & Co., Inc., N. Y Bonbright & Co., Inc., N. Y. Alex. Brown & Sons, Balti'me Cassat & Co., Inc., N. Y E. W. Clark & Co., Phlla.— Clark, Dodge & Co., N. Y— Coffin & Burr, Inc., N. Y.— Courts & Co., Atlanta R. L. Day & Co., N. Y 400,000 Johnson, Lane, Space & Co., 250,000 Inc., Savannah- N. Y. 1,000,000 N. Y.- 400,000 500,000 Palne, Webber & Co., R. W. of 250,000 Mellon Sec., Atlanta was announced May 18 by Van Alstyne, & Co. Each of the new. bonds, which are priced at 100 int., carries a stock purchase warrant entitling holders to purchase at any time before May 1, 1943, at graduated prices, 20 shares of common stock for each $1,000 bond, or an aggregate of 31,000 shares. The company has granted to the underwriters options en¬ titling them to purchase a total of 35,000 shares of common stock, which are being offered at the market by means of a separate prospectus. and 300,000 - ,N.Y, \\> 500,000 Schoellkopf, Hutton & Pomeroy, Inc., 500,000 Buffalo-Milwaukee, Securities Co., of 1,500,000 Fruehauf Trailer Co., Detroit—Public offering, by means of a prospectus, of $1,500,000 10-year 4K% sinking fund debenture notes, dated April 1, 1937, due 1947; and 78,870 shares of new common stock, was made May 7 by a group comprising Watling, 500,000 500,000 Dominick & Dominick, N. Y. 500,000 Equitable Sec. Corp., Nash'v Estabrook & Co.,N.Y Glore, Forgan & Co., N. Y... Goldman, Sachs & Co., N. Y. Graham, Parsons&Co., N.Y. Harris, Hall & Co., Chicago. Hayden, Stone & Co., N. Y.„ 300,000 J.& W. Seligman & 500,000 Stone & Webster & Blodget, 500,000 500,000 300,000 600,000 500,000 Inc., N.Y White, Weld & Co., N. Y.—Whiting, Weeks & Knowles, Inc., Milwaukee-- Co., N.Y. Inc., Boston 500,000 & Hayes, Lawrence Stern & Co., Inc., Jackson & Michigan Corp. TheTiotes were priced at 98K and accrued int. from April 1, 1937 to date of delivery. The stock, of which 23,600 shares are initially reserved for Curtis and First of 300,000 400,000 — Dean Witter & Co., Lerchen 500,000 , N. Y—- issuance to holders of class A preferred stock upon exercise of their options to convert each share of preferred into four shares of common, was priced at $20 per share. Proceeds from the sale of notes and stock will be used principally for additional Power Co.—Company, an operating unit of Commonwealth & Southern Corp., has sold privately for investment $2,000,000 1st mtge. bonds, 4% series of 1936, due 1961, at 100 and interest, and 5,500 shares of $6 preferred stock at $103 per share and accrued dividend. $500,000 additional investment in its common stock was made by Commonwealth & Southern Corp. The funds are to be $2,566,500 Pennsylvania used for working capital and for plant expansion. 1,500,000 Nunn-Bush 1,200,000 Southern Indiana Gas & Electric Co.—Since the first of the 'year company, an operating unit of Commonwealth & Southern Corp., has sold privately for investment $1,200,000 1st mtge. bonds, 3.35%, series of 1936, due 1961 at 100 and interest. The funds raised are to be used for construction expenditures. BanE> Jose Water Works—Chandler & Co., Inc., and $1,022,000 america Co. on May 19 offered an additional issue of 1st mtge. 3%% bonds, series A. at 100 and accrued interest. The bonds dated Dec. 1, 1936 become due Dec. 1, 1961. The present offering follows an offering in January of this year of Shoe Co.—A, G. Becker & Co., Inc.; Edgar, Ricker & Co., and Loewi & Co. offered on May 13 at $100 a share of 15,000 shares 5% cum. pref. stock with common stock construction expenditures. 2,000,000 Central Illinois Light Co.—The company, an operating unit 'of Commonwealth & Southern Corp., has sold privately for investment $2,000,000 of 1st & consol. mtge. bonds, 3M% series due 1966, at 100 and interest. The funds raised are to be used for construction expenditures. 1.022.000 San Corp.—Public offering by means prospectus of a new issue of $1,550,000 of 1st mtge. 5K% Noel Robinson SalomonBros .AHutzler. a sinking fund bonds 500,000 Pressprich & Co., N.Y. - Humphrey Co., H 1,550,000 Struthers Wells-Titusville 1,000,000 Co., Louisville Corp., Pltts'bgh F. S. Moseley & Co., N. Y.— Lazard Freres&Co., Inc. W. L. Lyons & 250,000 500,000 Convertible into common stock (unless called for earlier redemption, in which case convertible prior to close of business on fifth day preceding redemption date) at $50 on or before May 1, 1938, at $55 thereafter and on or before May 1, 1941, and at $65 thereafter and on or before May 1, 1943, provision being made to protect against dilution on certain contingencies. $500,000 300,000 500,000 500,000 400,000 Hemphill, Noyes & Co., N.Y. J. J. B. Hillard & Son.Louls'v Hornblower <fc Weeks, N. Y._ W. E. Hutton & Co., N. Y— Jackson & Curtis, N.Y 11 purchase warrants attached entitling holders to purchase, for each share of preferred stock, two shares of common stock on or before July 30, 1944. The public offering is subject to the prior right of subscription given the common stockholders and also to the right of holders of its outstanding 7 % preferred stock and 7K% preferred stock, second issue, to exchange their stock for the new preferred in the ratio of 10 shares of preferred '■stock now held for 11 shares of the new preferred stock. The prices at which the warrants for common stock are exercisable are as follows: $22.50 a share before July 31, 1938; $25 a share from July 31, 1938 and before July 31, 1940; $27.50 a share from July 31, 1940 and before July 31, 1942; and $30 a share from July 31,1942 and on or before July 30,1944. Proceeds of the financing will be used by the company to F effect the retirement either by redemption or exchange of its outstanding preferred stocks and to add to working capital, to : yxF/'Xv''''-; ■ remodel or add equipment in retail outlets, or to retire shortX i •X\. term debt. ■: /■ ,. • t , r , . [ an issue of $2,051,000 of series A bonds. Proceeds from the sale of the issue now offered will be used to of 1,375,000 Merchants Distilling Corp. (Ind.)—An issue of $1,000,000 10-year 5% convertible debentures and 50,000 shares of common stock were offered publicly on May 11 by Olmsted, Metcalf & Co. and Jackley & Co., Des Moines, the bonds at 100 and int. and the stock at $7.50 per share. liquidate loans made for the purpose of redemption of shares preferred stock and for construction purposes. The 3M% bonds constitute a first lien on all the properties of the company with certain minor exceptions. 1,320,000 Rheem Manufacturing Co.—Public offering of 120,000 shares of common stock was made May 12 by Blyth & Co., Inc., and Greenwood-Raggio & Co. The stock was offered at $11 per INDUSTRIAL AND MISCELLANEOUS FINANCING $9,386,500ISimmons Co.—An underwriting group headed by Blyth & Co., Inc., offered May 21 $9,386,500 4% debentures due 1952, representing the unsubscribed portion of an issue of $10,000,000 ® offered to stockholders. Other members of the group share.; at y 101% and accrued int. have been oversubscribed. Net proceeds to be received by the company from the sale of these debentures will be used to repay short term loans from various banks and commercial paper brokers, which loans were incurred to finance increases in inventory values and in accounts ■; , The debentures will be convertible at the option of the holders, at any time on or before Oct. 1, 1946, at the principal amount into fully paid and non-assessable shares of common stock, as such shares shall be constituted at the date of con¬ version at the price of $13 for each share. Suitable provisions are included to present dilution of the conversion privilege. bonds, due serially from 1940 to 1948, incl., awarded to a syndicate headed by Lazard Freres & Co. of New York as 2Ms and 3 Ms, at a price of 100.019. The bankers reoffered the bonds at prices ranging from a yield of 1.75% on the 1940 maturity to a price of 99.50 on the 1948 maturity. , - issue of $2,000,000 15-year 5K% debentures, with non-detach¬ able stock purchase warrants attached, and 175,000 shares of 2,000*000 Cook County Forest Preserve District, 111., 4% bonds, maturing serially from 1942 to 1957, incl., were sold privately to Stifel, Nicolaus & Co., Inc., St. Louis, and A. O. Allyn 8c Co., Inc., of Chicago, jointly. The bankers paid a price of 102.30 for a block of $1,250,000 and p,ar for the remaining ' ' $750,000. 1 stock ($1 par). The debentures, offered by Bond & Goodwin, Inc., were priced at 100 and int. The common stock, offered by A. W. Porter, Inc. and Bond & Goodwin, Inc., was initially offered at $12.50 per share. common ; V / , . \ yield basis of from 0.80% to 2.80%. 1,630,000 Houston, Texas, bonds, comprising a series of issues, were an account headed by Phelps, Fenn & Co. of 2%s and 3s, at a price of par, the net interest cost to the city being about 2.862%. Bonds mature variously from 1939 to 1957, incl. In reoffering the bonds the bankers priced the 3s to yield from 1.50% to 3% and the 2 Ms were offered on a yield basis of from 1.75% to 3%, New York as ;■ 1,244,000 Union County, N. J., 2.70% general improvement bonds, Schott, Cincinnati--.---— Brown, Young & Co., Inc., New York Brush Slocumb & Co., San Francisco Crowell, Weedon & Co., Los Angeles Dempsey-Detmer & Co., Chicago Enyart, Van Camp & Fell, Inc., Chicago h'O. B. Ewart & Co., Inc., New York Scott Mclntyre & Co.. Cedar Rapids Iowa Polk'Peterson Corp., Des Moines, Iowa. Scherk, Richter Co., St. Louis, Mo.. Whitlock Smith & Co., Detroit W. D. Hanna & Co., Burlington, Iowa.., Mclnnis, Van Dusen & Co., Washington Richardson, Lane & Co., Davenport, Iowa Frederic Collin, Inc., Detroit , 1 • Shares 200,000 100,000 100,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 ... - 50.000 50,000 25,000 25,000 25,000 13,971 serially fromi938 to 1965, incl., were awarded to the Fidelity Union Trust Co. of Newark at a price of 100.176, a basis of about 2.68%. The trust company retained the first io maturities and sold the balance, representing a total of $783,000 bonds, to an account headed by Phelps, Fenn & Co. of New York. The bankers reoffered the bonds due from 1948 to 1955, incl., on a yield basis of from 2.50% to 2.65%, and due , 'H-,-" Walter E. i, v purchased by 988,971 shares of common stock proposed to stockholders as are not subscribed and „ purposes were 8c Co., Inc., of New York, as 2Ks, 2%s and 3s, at a price of 100.009, a net interest cost of about 2.66%. The bonds, maturing serially from 1938 to 1962, incl., were reoffered on a paid for by the stockholders or their assigns. _ ,/v taken by a group under the management of Brown Harriman are F. S. Yantis & Co., Inc., Chicago Sadler & Co;, Chicago : i Sterne & Co. of Birmingham and associates. 1,685,000 Waterbury, Conn., bonds issued for various pro rata, on the basis of IK shares to stockholders of record April 29. per share, such of the to be initially offered !9 ¥ 1,750,000 Alabama (State of) gasoline tax warrants, maturing from r July 1, 1937, to Jan. 1, 1939, were sold as 3s at par to Ward, ' 2,966,913 Hupp Motor Car •> K'> • ; Corp.—iSubscription Offer—988,971 shares of being offered for subscription at $3 per share, for every one share held, - Rights expire May 24. The offering of the shares for subscription has been underwritten. Stock Purchase Warrants for shares of common stock, and, after the expiration of the above subscription offer, shares of common stock not purchased and paid for pursuant to such subscription offer, may be offered by the several underwriters. Underwriters—Each underwriter has agreed, severally and not jointly, to purchase, in the proportion that the number of shares of common stock set opposite its respective name below bears to 988,971 shares, from the corporation at a price of $3 reoffered for public investment at prices to yield from 2.25% to 4.20%, according to maturity. Due serially from 1938 to 1965, incl. These bonds are part of the total of $5,201,000 unsuccessfully offered by the city in the latter part of April. • and 2,450,000 Pittsburgh, Pa., notes were sold to Brown Harriman & Co., Inc., of New York, as 1 Ms at a price of 100.111, a basis of about 1.71%. Reoffering was made by the bankers on a yield basis of 1.60%. Obligations mature April 1, 1940. 4,187,500INational Container Corp. (Del.)—New financing for the corporation took place May 13 with the public offering of an stock stock 3,019,000 North Carolina (State of) improvement and office building receivable. common common The issue has been oversubscribed. $3,637,000 Tampa, Fla., 4% refunding bonds were acquired at private sale by Graham, Parsons & Co. of New York and associates a' - share. _ , & Co., Inc.—Offering of $6,500,000 conv. 3K% debentures, due April 1, 1947, was made May 12 by Edward B. Smith & Co. and Glore, Forgan & Co. The debentures priced \ a MUNICIPAL FINANCING , , 6.500,000 Wilson 3,341,000 United Stockyards Corp.—A new issue of $1,700,000 15-year 4K% bonds, series A, with non-detachable stock purchase warrants, and 130,000 shares of convertible nopar preferred stock were offered to the public by John De Witt, Chicago. The bonds were priced at 96K and accrued int. and the pre¬ ferred stock at 12 %. $15.25 1,125,000 General Carpet Corp.—Public offering was made May 19, by means of a prospectus, of 300,000 shares ($1 par) common stock by B. E. Buckman & Co. and Eugene J. Hynes & Co.. Inc., at $3.75 a share. • previously redeemed, were priced at 100 and accrued interest. The debentures are convertible into common stock at $60 per share from June 1, 1937 through March 31, 1938; at $62K per share, thereafter through March 31, 1939; at $66 2-3 per share thereafter through March 31, 1941; and at $71 3-7 per share thereafter through March 31, 1942. I ' ' '■/■fXf. 25 made public offering of 74,600 shares (no par) convertible from June 1, 1937, through March 31, 1942, unless < Vy'1'-- group consisting of Riter & Co., Battles & Co., Inc., and Bioren & Co., on May Corp.; Brown Harriman & Co., Inc.; Edward B. Kidder, Peabody & Co.; E. H. Rollins & Sons, Inc., and G. M.-P. Murphy & Co. The debentures, which are v '*XyV 1,137,650 Birdsboro Steel Foundry & Machine Co.—A included Lee Higginson Smith & Co.; : ■ > • X,' priced the rest at par and 99.50. ■ , X 1,000,000 Chicago, III., 3K% water certificates, due $500,000 each. In 1949 and 1950, were sold to an account headed by Harris, Hall & Co. of Chicago at 105.183, a basis of about 3%. DIVIDEND 'M CHANGES IN MAY Changes in dividend declarations in May are numerous and are for the most part of a favorable nature. The follow¬ , list, divided into two sections, namely "Favorable Changes" and "Unfavorable Changes," gives the more im¬ portant of the changes; 1 ing , , m 12 REVIEW MONTHLY Hudson Bay Mining & Smelting Co., Ltd.—Dividend on the capital stock increased from 60c. a share to 75c. a share, payable June 28. FAVORABLE CHANGES Adams Express Co.—Dividend of 30c. a share on the ho par common stock, payable June 26. June 25. 10 years. Addressograph-Multigraph Corp.—Dividend on the common stock In¬ creased from 25c. a share to 35c. a share, payable June 22. Allied Mills, Inc.—Dividend on the common stock increased from 50c. a share to $1.50 a share, payable June 15. American Piano Corp.—Initial cash dividends of 70c. a class A and B stocks, both payable June 21. share . Joslyn Mfg. & Supply Co.—Quarterly dividend on creased from 60c. a share to 75c. a share, payable both the Leonard Custom Tailors Co.—Extra American 2£inc, Lead & Smelting Co.—Initial dividend on the $5 prior preferred stock of no par value, payable of $1.25 a share Aug. 2. Anaconda Copper Mining Co.—Dividend of 50c. a share on the capital stock, payable June 28. This compares with a dividend of 25c. a share par Loew's, Inc.—Extra dividend of $1.50 a share and a regular 50c. a share on the no par common stock, both payable June Associates Investment Co.—Dividend on the no par common stock in¬ creased from 50c. a share to 75c. a share, payable June 30. payable June 15, next, the common stock increased from 10c. a share June 25. Bandini Petroleum Co.—Extra dividend of 2c. a share and a regular quar¬ terly dividend of 3c. a share on the common stock, $1 par, both payable to 15c. a share,payable Bell Telephone Co. of Canada—Dividend of $2 a share on the common stock, payable July 15. Previously regular quarterly dividends of $1.50 Share were distributed. Louisville Gas & Electric Co.—Dividend of 37He. a share on the class A and class B common stocks, payable June 25. No action was taken the previous quarter due to flood losses. (B.) Manischewit? & Co.—Dividend on the common stock increased from 50c. a share to $1 a share and became payable on May 25. Masonite Corp.—Extra dividend of 50c. a share and a regular quarterly of 25c. a share on the new no-par common stock now outstanding, both payable Juno 10.- " 'Wv.;-:' r May Hosiery Mills, Inc.—Extra dividend of 25c. a share and a regular V quarterly of 50c. a share on the class A common stock, both payable • Beneficial Loan Society (Del.)—Dividend on the no par common stock increased from 15c. a share to 25c. a share, payable June 1. Bigelow-Sanford Carpet Co., Inc.—Dividend on the no par common stock increased from 50c. a share to 75c. a share, payable June 1. Brazilian Traction, mon Light & Power Co., Ltd.—Dividend stock increased from 40c, a share to 50c. a the com¬ share, payable July 10. on Bridgeport Brass Co.—Quarterly dividend on the no par capital stock increased from 15c. a share to 25c. a share, payable June 30. Bristol Brass Corp.—Extra dividend of 50c. a share and a regular quar¬ terly dividend of like amount on the $25 par common stock, both pay¬ able June 15. a share and a regular quarterly of 60c. a share on the $5 par common stock, both payable June 1. Bristol-Myers Co.—Extra dividend of 10c. Ltd.—Extra dividend of 12 He. a share and a the class A and B common stocks, regular quarterly of 25c. a share on both payable June 1. ft . May 20. 1 Bath Iron Works Corp.—-Two stock dividends of 3 % each on the common stock, payable in common stock on July 15 and on Dec. 30, next. i Loblaw Grocerterias Co., Atlas Press Co.—Initial dividend of 10c. a share on the common stock, payable June 15. quarterly o 30. Lincoln Printing Co.—Dividend of 35c. a share on the common stock, paid on March 9, last. a of 50c. a share on the common stock, pay¬ be made on these shares since 1932. dividend of 10c. a share on the no common stock was paid on May 27. i; Lane Bryant, Inc.—Dividend able May 27 and the first to stock, both payable June 15. on the common stock in¬ June 15. K'ennecott Copper Corp.—Special distribution of 25c. a share and a dividend of 50c. a share on the common stock of no par value, both pay¬ able June 30. American Sumatra Tobacco Corp.—Extra dividend of $1.25 a share and a regular quarterly dividend of 25c. a share on the no par common Baldwin Co.—Dividend . stock increased from (F. l.) Jacobs Co.—Dividend,on the $1 par common 25c. a share to 50c. a share, payable June 25. stock in¬ on ' International Bronre Powders. Ltd.—Extra dividend of 25c. a share and a regular quarterly of 37 He. a share on the common stock and a participating dividend of 25c. a share in addition to the regular quarterly dividend of 37 He. a share on the 6% cum. partic. preferred stock. The extra and partic. dividends will be paid on June 1 and the regular pay¬ ments on July 15. American Car & Foundry Co,—-Dividend of 25c. a share on the common stock, payable June 4 and the first to be paid on this issue since October, 1931, when a like distribution was made. American Chicle Co.—Special dividend of $1 a share In addition to the regular quarterly dividend of $1 a share on the no par common stock, both payable June 15. V i American Forging & Socket Co.—Dividend on the common creased from 20c. a share to 25c. a share, payable June 1. Co,—Dividend of 25c. a share on the capital stock, payable This will be the first dividend paid by the company in about Illinois Zinc June 1. Merchants Distilling mon Corp.—Initial dividend of 10c. a share on the com¬ stock, payable June 15. Metal Textile Corp.—Extra dividend of 10c. a share dividend of 81 He. a share on the participating and a regular quarterly preferred stock, both Meteor Motor Car Co.—Dividend of 75c. a share on the no par capital stock, payable June 1. , , Mid-Continent Petroleum Corp.—Dividend of 50c. a share on the no stock payable June 1. This compares with 75c. paid on Dec. 1, last and 40c. on June 1, 1936. Midvale Co.—Dividend on the no par capital stock increased from 75c. a share to $1.25 a share, payable July 1. par common a Milnor, Inc.—Dividend of 30c. a share was paid May 20 on its common stock no par value and compares with 10c. paid on Dec. 12, last. Dredging, Ltd.—Dividend on the common stock of $5 par increased from $1.40 a share to $1.50 a share, payable June 10. Mission Corp.—Dividend of $1 a share on the no par common stock, pay¬ able June 15. This compares with an initial dividend of 45c. a share Brooklyn Daily Eagle Properties Corp.—Initial dividend of 37Hc. share on the 6% preferred stock, payable May 1. Bulolo Gold Burlington Mills Corp.—Initial quarterly dividend of 25c. paid May 15 on the common stock. a share was Canadian Canners Ltd.—Dividend of 15c. a share on the 60c. non-cumu¬ lative convertible preferred stock, payable July 2. The last previous distribution amounted to 7He. a share and was made on July 2, 1935. Canadian Foreign Investment Corp., share and a able July Ltd.—Extra dividend of 40c. 1. reg. quar. of like amount the common stock, both on a pay¬ v Celotex Corp.—Dividend of 40c. a share on the no par common stock, payable June 10. This will be the first distribution by the reorganized company. on the common stock on the $100 par capital stock in¬ creased from $1.50 a share to $2 a share and was paid on May 15, last. Chicago Rivet & Machine Co.—Initial dividend of 30c. $4 par common stock, payable June a share on the 15. Consolidated Car Heating Co.—Special dividend of $5 a share on the common stock on May 19. was paid Continental Oil Co. (Del.)—Special dividend of 25c. a share and a quar¬ terly of like amount on the no par common stock, both payable June 30. Cook Paint & Varnish Co.—Extra dividend of 10c. a share on the common a share and a regular stock, both payable June 1. Creole Petroleum Corp.—Extra dividend of 25c. a share and of like amount on the capital stock, both payable June 10. Crow's Nest Pass Coal Co., Inc.—Dividend ashare, payable June 1, and compares with $2 regular a a the capital stock of $3 sh. paid on Nov. 2,1936. a share on the common stock, payable May 25. Decker Products Corp.—Extra dividend of 30c. a share on the capital stock, payable June 12. A regular quarterly of 15c. a share was paid on May 1, last. Devonian Oil Co.—Extra dividend of 25c. a share and a regular quarterly of like amount on the $10 par common stock, both payable June 15. Corp.—Dividend on the no par stock increased common from $1 a share to $1.50 a share, payable June 1. Draper Corp.—Extra dividend of $1 60c. a share on the common Duke Power Co.—Dividend share to $1.25 a stock of on the a share and a regular quarterly of value, both payable July 1. no par common stock increased from 75c. a share, payable July 1. Eastman Kodak Co.—Dividend from $1.50 a share to $2 a on the no par common stock increased share, payable July 2. Essex Co.—Extra dividend of 50c. a share in addition to a dividend of $2 a share on the common stock, both payable June 1. Federal Compress & Warehouse Co.—Extra dividend of 40c. a share and a regular quarterly of like amount on the no par common stock, both were payable May 27. Fruehauf Trailer Co/.—Initial dividend of 25c. a share on the common stock, payable July 1. „ Gallagher Drug Co.—Dividends of $8.75 a share and $1.75 a share on the 7% pref. stock and 7% partic. pref. stocks, respectively, were paid on May 15, last. The above includes all dividends in arrears and the cur^ rent quarterly payments. General Fire Extinguisher Co.—Dividend on the no par common stock ► increased from 20c. a share to 25c. a share, payable June 10. General Motors Corp.—Dividend of $1 a share on the $10 par common stock, payable June 12; on March 12, last, a disbursement of 25c. a share Pwas made. Glidden Co., Cleveland—Extra dividend of 30c. a share and a regular ^ quarterly of 50c. a share on the no par common stock, both payable Goebel from 25c. share to 50c. a share, payable June 15. a Morris Finance Co.—Dividends on the class A and B common stocks in¬ creased respectively, from $2.50 to $3.25 a share and frafm 50c. to 65c. share, both payable June 30. a Motor Products Corp.—Dividend on the no par value common creased from $50c. a share to $1 a share, payable June 30. stobk in¬ (G. C.) Murphy Co.—Dividends on the no par common stock increased from 65c. a share to 80c. a share, payable June 1. Brewing Co.—Extra dividend of 10c. a National Baking Co.—Initial of share of 6% a the common share and a dividend of 50c. a share in cash, and l-50th preferred stock for each share of common stock held on shares, toth payable June 21. National Oil Products Co., Inc.—Dividend of 50c. regular quar- b terly of 5c. a share on the $1 par common stock, both payable June 30. (B. F.) Goodrich Co.—Dividend of 50c. a share on the common stock > payable June 30 ; on Dec. 24 last, a distribution of $1 a share was made W and represented the first payment made on the common stock since 1930. Great Northern Paper Co.—Extra dividend of 13c. a share and a regular quarterly of 25c. a share on the common stock, par $25, both payable a share on the com¬ stock, payable June 30. This compares with semi-annual dividends paid on March 31, last, and on Sept. 30, 1936. of 30c. National Pressure Cooker Co.—Extra dividend of 10c. a share and regular quarterly of payable June 1. National Standard Co.—Extra dividend of 10c. quarterly of 40c. a a 15c. a share on the $2 par common stock, both a share and a regular share on the common stock, both payable July 1. National Transit Co.—Dividend on the $12H par, capital stock increased from 35c. a share to 45c. a share, payable June 15. Newmarket Mfg. Co.—Dividend on the capital stock increased a share to $2 a share and became payable May 15. v Ohio Finance Co.—Dividend on Davidson Brothers Inc.—Initial dividend of 15c. Dictaphone June 15. Monsanto Chemical Co.—Dividend on the $10 par capital stock increased mon Columbia Broadcasting System, Inc.—Dividend of 80c. a share on the class A and B stocks, payable June 11. Previously reg. quar. dividends of 50c. a share were distributed. quarterly of 15c. ^ Carpet Mills, Inc.—Extra dividend of 50c. a share and a regular quarterly of 30c. a share on the $20 par common stock, both payable % Champion Hardware Co.—Dividend new paid Dec. 18, 1936. Mohawk Calumet & Hecla Consol. Copper Co.—Dividend on the $25 par com¬ mon stock increased from 25c. a share to 50c. a share, payable June 16. share to 30c. a on on the no par common share to 50c. a share, payable June 15. Ohio Water Service Co.—Dividend par a share, payable July 1. Ohio Oil Co.—Dividend a from $1.50 the common stock increased from 25c. on stock increased from 35c, the class A common stock of no value increased from 50c. a share to 60c. a share, payable June 30. Otis Elevator Co.—Dividend on the no par common stock increased from 15c. a share to 25c. a share, payable June 21. Parkersburg Rig & Reel Co.—Initial dividend of 40c. a share common on the stock, payable June 1. Parker Wolverine Co.—Dividend on the common stock increased from 25c. to 50c. a share and is payable on June 1. Peerless Casualty paid May 1 on Co.—Initial quarterly dividend of 17 He. a share was the common stock. Pennsylvania Salt Mfg. Co.—Dividend on the common stock increased from $1.25 a share to $2.50 a share, payable June 15. Perfect Circle Co.—Extra dividend of 50c. a share and a regular quarterly dividend of like amount on the common stock, both payable July 1. Pf audler Co.—Extra dividend of $2 a share was paid on the common stock on May 24, last. ,..7., • :.-v,7,V7 V:;,7:7:-... Phelps Dodge Corp.—Dividend on the capital stock increased from 35c. a share to 45c. a share, payable June 10. , Pittsburgh Coke Iff share on & Co.—Initial quarterly dividend of $1.25 a stock, payable June 1. Iron the $5 convertible preferred Pittsburgh & Lake Erie RR.—Dividend of $2 par $50, payable a share on the capital stock, June 15. ; ^ Pittsburgh Metallurgical Co.. Inc.—Extra dividend of $1 a share and a regular quarterly dividend of 25c. a share on the common stock, both payable June 18. Pittsburgh Plate Glass Co.—Dividend from $1 a share to $1.50 a on the common stock increased share, payable July 1. Plymouth Oil Co.—Dividend of 35c. a share on the $5 par, common stock, payable June 30. Previously, regular quarterly dividends of 25c. a share were distributed. Powdrell & Alexander, Inc.—Dividend on the $5 par, common increased from 15c. a share to 20c. a share, payable June 15. Prosperity Co., Inc.—Initial quarterly dividend of $1.25 a stock share on the 5% preferred stock, par $100, paid on May 1. Reliance Bronze & Steel Co., Inc.—Dividend of 25c. a share on the no par common stock and another of like amount, payable June 1 and July 1, respectively. The former for the quarter 30, 1937. ended March 31 and the latter for the quarter ended June Remington Rand, Inc.—Interim dividend of 25c. a share on the $1 par common stock, payable July 1. Previously, quarterly cash dividends of June 1. 15c. a share and stock dividends of 1% were distributed. (P. H.) Hanea Knitting Co.—Extra dividend of 10c. a share and a regular Richardson Co.—Dividend on the no par common stock increased from quarterly of 15c. a share on the common and class B common stock, all 20c. a share to 40c. a share, payable June 12. payable June 1. ■ " V-m . • payable June 1. Rochester Button Co.—Extra dividend of 10c. a share In addition to a quarterly of 25c. a share on the common stock, both payable June i Previously regular quarterly dividends of 15c. a share were distributea In addition an initial dividend of 37He. a share was declared on tne $1.50 preferred stock, payable June 1. St. Joseph Lead Co.—-Extra dividend of 50c. a share and a tegular terly of like amount on the common stock, both payable June 21. quar¬ Safety Car Heating & Lighting Co.—-Dividend on the no par common stock increased from $1.50 a share to $2.50 a share, payable July 1. Schiff Co.—Stock dividend of 50% on the common stock, payable May 26 stock increased from Scott Paper Co.—-Dividend on the no par common 25c. a share to 40c. a share, payable June 15. Seaboard Finance Corp.—Initial quarterly dividend of 15c. a share and an extra of 10c. a share on the common stock, both payable June oO. Seeman Bros., Inc.—Extra dividend of 75c. a share and a regular quar¬ stock, both payable June 15. Skelly Oil Co.—-Dividend resumed on the common stock by the declaration of 60c. a share, payable July 1. The last previous distribution on this issue amounted to 50c. a share and was paid on Dec. 15, 1930. <L. C.) Smith & Corona Typewriters, Inc.—Dividend of 50c. a share on the common stock, payable July 1. On April 1, last, an extra of 12He. and a regular quarterly of 25c. a share was paid. Soule Mill—Dividend of $1 a share on the common stock, payable May 15 and the first paid since May 16,1932, when a like amount was distributed. South Bend Lathe Works—Dividend of 40c. a share on the common stock, payable June 1. A dividend of 30c. a share was distributed on terly of 62 He. a share on the no par common March 1 and Dec. 1, last. \ South Penn Oil Co.—Extra dividend of 37Hc. a share and a regular quarterly dividend of like amount on the $25 par capital stock, both payable June 30. ^ (Conn.) Hardware Co.—Dividend on the capital stock increased from 12He. a share to 25c. a share and became payable May 1 Southington V Standard-Coosa-Thatcher Co.—Dividend on the common stock from 37Hc. a share to 50c. a share, payable May 10. increased Standard Oil Co. of California—Extra dividend of 20c. a share and a regular quarterly of 25c. a share on the no par common stock, both payable June 15.;.C. ' ;<■■ Standard Oil Co, of Ky.—Extra dividend of 15c. a share and a quarterly of 25c, a share on the common stock, both payable June 15. Standard Wholesale Phosphate & Acid Works, Inc.—Dividend on the $20 par common stock increased from 30c. a share to 60c. a share, pay¬ able after May 20, 1937. v- Sterling, Inc.—Extra dividend of 20c. payable May 25. Superheater Co.—Dividend on a share the common stock, on the common stock increased from 25c. a share to 37He. a share, payable July 15. Superior Oil Co. of California—Initial dividend of 50c. May 20 on the common stock. - share was paid a , Tappan Stove Co.—Initial dividend of 20c. a share on the common stock, payable June 15. Texas Gulf & Sulphur Co.—Extra dividend of 25c. a share and a regular quarterly of 50c. a share on the no par common stock, both payable June 15. Title Insurance Corp. of St. Louis—Dividend on the $25 par common stock increased from 12 He. a share to 25c. a share, payable May 29. Twin Disc Clutch Co.—Extra dividend of 25c. quarterly of 75c. a share the on no a Underwood Elliott Fisher Co.—Dividend increased from 75c. a share to $1 a on the a share on the $10 Van Raalte Co., Inc.—Dividend on the $5 par common stock increased from 62Hc. a share to 75c. a share, payable June 1. , (S. P.) Warren Co.—Dividend on the common stock increased from 50c. payable June 28. Weisbaum Bros.-Bower Co.—Extra dividend of 15c. quarterly dividend of 10c. a share on the share in addition a stock, both pay¬ common able June 1. Welch Grape Juice Co.—Dividend the on no par common stock increased from 50c. a share to 75c. a share, payable May 28. r West Coast Life insurance Co.—Initial dividend of 50c. common stock, payable July 1. a share on the CHANGES American Box Board Co.—Dividend on the common stock reduced from 25c. a share to 20c. a share, payable June 1. Boston Woven Hose & Rubber Co.—No action taken a dividend on the no-par common stock. on I the payment of the payment of a dividend on the $6 cumulative preferred stock of no par value. Dividends of 76c. a share were paid on this issue on April 1, last, and in each of the five preceding quarters. on Daniels & Fisher Stores Co.—Dividend of $2 a share on the no par com¬ mon stock was paid on May 25, last. This compares with $2.50 a share distributed on Dec. 21, and on Jan. 28, 1936. Kansas Oklahoma & Gulf Ry.—Dividend on the series C 6% non-cumu¬ lative preferred stock decreased from $3 a share to $2 a share, payable June 1. the strongest sections were and railroad equipments. and coppers The prime source of weakness in market was the stock abroad. This selling was induced, first, by the unsettlement in London which resulted from the collapse of the speculative boom in a number of commodities and, second, by the continuing fears abroad that the United States might decide suddenly to lower its buying price for gold. The influence of foreign sales on the course of stock prices was particularly notice¬ able in the second week of the month, and thereafter foreign offerings of American securities tended to dry up. Foreign purchases of American stocks, as Treasury figures of capital movements prove, were an extremely important influence in the advance in stock prices in 1985 and 1936. The reversal of the trend in the commodity markets in April occurred simultaneously with the spread of anxiety over the gold price, and foreign interests began a flight both "from Amer¬ ican securities and from gold, preferring to hold dollar bal¬ ances until the leading nations could decide on a policy the selling which came from with respect to the glut of gold. Investors in this ( ! not eager in April and May to rush in to buy the American securities which for¬ eigners were ridding themselves of. The reluctance to buy, except at substantial price concessions, stemmed from a variety of unfavorable market influences, the most im¬ portant of which, perhaps, was the attitude of Washington toward the markets. President Roosevelt disclosed on April 26 that he had warned government employees against speculation in the markets, and he followed up that warn¬ ing with another to the same effect addressed to the general public. Immediately afterward reports began to come out of Washington—reports which, while without official back¬ ing, were never denied—that the Administration was con¬ country were The end sought by such a move would be the exclusion of looked with on disfavor Administration in circles. The upshot of these 100% margin reports was the engendering in Wall Street of decidedly pessimistic air, leading to employees by brokerage firms during May. Wall Street's -emotions are proverbially of the most volatile kind, but, making every allowance for this well-known trait, the stock market community was low in spirit in May over what it took to be Washington's attiture toward stock trading. rather a large dismissals of The labor situation much in concern was May. centering their interest for the stock market on a matter of Lewis's organizers were the steel industry. The Jones & John L. Laughlin plants at Pittsburgh May 12, but was ended two days later. A far more serious turn came on May 25 and 26, however, when between 75,000 and 80,000 employees of the Republic Steel, Youngstown Sheet & Tube and Inland Steel, three of the largest "independent" producers of steel, went on strike. Simultaneously, disturbances arose from the C. I. O. organizers' efforts at the Ford plants at Detroit. strike, involving about were 27,000 struck on employees, The indications were that Mr. Ford and the three indepen¬ producers were prepared to resist the organizing movement a good deal more vigorously than did General Motors and Chrysler and United States Steel, where the principal C. I. O. victories were won. Labor affairs were still further complicated by the dispute between the A. F. of L. and the C. I. O., and a definite promise of jurisdic¬ tional strikes was given on May 25 when a special confer¬ dent steel Brooklyn & Queens Transit System—No action taken > utilities, manufacturing issues, undoubtedly the Wesson Oil & Snowdrift Co., Inc.—Extra dividend of $1.12h a share and a regular quarterly dividend of 12Hc. a share on the no par common stock, both payable July 1. UNFAVORABLE the striction United Verde Extension Mining Co.—Dividend of $1 a share on the cap¬ ital stock, par $50, payable June 30. Previously dividends of 25c. each were paid. to a stores, oils and "speculative" operations from the stock market and the re¬ of trading to a strictly "investment" basis. Dul¬ ness in the stock market, it was plainly intimated, was not share, payable June 30. Graphite Co.—Special dividend of 50c. stock, payable June 15, next. share to 75c. a share, Stock Exchange totaling $179,649,000 par value, or $115,217,000 less than in April. The weakest sections of the stock market were the steels, stock no par common United Paperboard Co., Inc.—Dividend of $6 a share on the 6% noncumul. preferred stock, payable May 27. A dividend of $4.25 a share was paid on this issue on Dec. 31, 1936, and the first since April 15, 1929, when $1.50 a share was distributed. a bond department of the New York sidering the imposition of 100% margins for stock trading. Union Gas Co. of Canada, Ltd.—Dividend on the common stock increased from 12HC. a share to 15c. a share, payable June 15. par common amounting to 18,549,189 shares compared with 34,606,839 in The average daily turnover for the full trading ses¬ sion was about 775,000 shares, making the May market the dullest in the two-year recovery in share prices. Dealings in bonds also shrank appreciably, with the volume in the April. and a regular stock, both payable share par common June25. United States 13 MONTHLY REVIEW Junb, 1937] of the A. F. of L. decided to charter unions in the field ence . New England Telephone & Telegraph Co.—Dividend on the common ;'V stock of $100 par, reduced from $1.75 a share to $1.50 a share, payable June 30. Penick & Ford, Ltd.—Dividend on the no par common stock reduced from 75c. a share to 25c. a share, payable June 15. United Gas & Electric Corp.—Dividend on the no par common stock decreased from 90c. a share to 50c. a share, payable June 10. already occupied by the 10 C. I. O. unions suspended from the Federation last September. Washington uncertainties shadowed market and conditions influences in labor over¬ the reports of business. While the placing of orders has slackened a bit after the as first quarter, COURSE OF Stock prices THE STOCK MARKET DURING settled to a low for the year in May, new but over the whole month the market's teristic was not weakness began with the market in so a MAY, 1937 outstanding charac¬ much as dulness. rising phase. The month After the first week, however, prices took one of the sharpest drops of the current decline, and on May 18 prices in the aggregate were ment and industry has been very active, with employ¬ payrolls at the peak of the recovery. 1 As to the fluctuations in individual stocks, United States Steel was at its highest May 7 at 105% and at its lowest May 18 at 91%, with the close May 28 at 100%. Steel pre¬ ferred was at its highest May 7 at 137% and at its lowest points under their March 8 high. After the 18th the price structure was able to repair some of the damage done, yet May 13 at 131, with the close May 28 at 136. American & Tel. fell from 171 May 4 to 162 May 18, with the close May 28 at 166. American Can moved down from 101% May 7 to 95% May 18, with the close May 28 at 99. General Slectric rose from 49% May 18 to 55 May 22, with the close the stock index of the New York "Times" closed lower for May 28 at 53%. the fourth consecutive month. The recession in the index May 18 at 218 and at its highest May 25 at 234, with the close point, extending the loss for the year to 7.54 May 28 at 232. Westinghouse Elec. & Mfg. moved down from 141 May 5 to 131 May 13, with the close May 28 at at their lowest levels of the year, was 0.41 of points. points. a The April drop in the approximately 20 average stock average was 6.43 the New York Stock Exchange was at the slowest rate for any month since March, 1935, the turnover Trading on Tel. 40%. Allied Chemical & Dye was at its lowest w from 40% In the at its highest May 7 at Consolidated Edison Co. of N. Y. fell May 5 to 24 May 18, with the close May 28 at 35%. railroad list, New York Central was REVIEW MONTHLY 14 CURB EXCHANGE VOLUME OF BUSINESS ON THE 18 at 43, with the close May 28 at 45%. Delaware & Hudson moved down from 47% May 7 to 41% May 18, with the close May 28 at 43%. Union Pacific fell from 145 May 7 to 139 May 26, with the close May 28 at 136 bid. Southern Pacific was at its highest May 7 at 60% and at its lowest May 28 at 52%, with the close May 28 at 53. Baltimore & Ohio fell from 35% May 7 to 30% May 18, with the close May 28 at 32. Chesapeake & Ohio moved down from 59% May 3 to 54% May 18, with the close May 28 at 57%. Southern Railway was at its highest May 7 at 40% and at its lowest May 18 at 34%, 48% and at its lowest May with Stock Last 1937 Range During May, First Sale Sale Lowest May 1 Highest May 29 116.3 106.3 May 28 1947-1952 114.13 114.11 May 106.16 May 28 106.16 105.6 May 1943-1945 105.6 111.21 May 28 111.21 110 May .-.1944-1954 110 110.1 110.1 • 108.4 May 28 May 108 4 Treasury 3M8 1946-1956 106 28 May 27 Treasury 3%s 1943-1947 105.22 105.19 May 102.2 102.9 May 13 102.29 May 25 102.27 Treasury 3s.. 1951-1955 104.14 103.1 May 3 104.14 May 28 Treasury 3s 1946-1948 103.3 105.26 May 28 105.26 105.12 May Treasury 3%s 1940-1943 106.21 106.25 May 11 106.2 May Treasury 3%s .1941-1945 105 105 May 28 Treasury 3Hs 1946-1949 103.18 103.18 May 104.18 104.18 May 28 Treasury 3Hs 1949-1952 103.13 103.13 May 106.16 106.20 May 11 106.4 May Treasury 3^s .1941 106.11 160.14 May 28 lis" 105.3 May Treasury 334s 1944-1946 Treasury 2J4s 1955-1960 100.12 100.9 May 13 100.28 May 10 100.25 102.29 103 May 28 Treasury 2Ms 1945-1947 101.14 101.14 May 100.24 100.25 May 28 100.2 May Treasury 1948-1951 100.2 99.31 99.10 May 13 100 May 28 99.16 Treasury 2%s 1951-1954 99.25 99.27 May 10 99.8 99.15 May 13 Treasury 2%s ..1956-1959 99.31 May 28 97.31 .97.11 May 13 Treasury 2Xs 1949-1953 .j 97:14 103.2 103.2 102.12 May May 28 Fed'l Farm Mtge 3^8.1944-1964 Treasury 4>^s Treasury 3^s Treasury 4s ... 3s 101.1 Home Owners L'n 3s ser A.. 1952 101.20 May 28 101.20 101.1 102 102 101.18 May 99.18 1939-1949 1941-1944 2%s series B 2^s series G 102.11 May 24 102.31 May 28 100.28 May ...1942-1947 2^8. 102.10 101.30 May 101.18 ..1944-1949 1942-1947 3s... ,99.14 May 100.10 100.10 May 28 99.18 May 99.9 102.31 May 28 15 100 May May 25 Closing Opening Range for Price Railroad and Industrial Bonds Price 1937 May, May 29 May 1 Lowest 1937 98 X Allegheny Corp coll trust 5s. 1944 Amer & Foreign Power 5s 2030 Atch Top & S Fe gen 79 108% * 1063^ 7654 8434 1995 4s Baltimore & Ohio 1st gold 4s. 1948 1937 Highest May 20 9834 May 100 77 10834 May 8134 May 12 7 11054 May 110 106 107 107 May May 9934 78 May 10 105 7534 May 8154 May 103?4 May Ches & Ohio gen 4^s Chic Milw St P & Pac 5s A.. 1975 1173* 117 121 31 28 4^s series A...1949 C C C & St L 4^s series E. 1977 Erie ref & impt 5s of 1927.-.1967 Great Northern gen 43^s 1977 1934 9534 17 7534 7 7734 May 7 8434 May 10634 May 27 Convertible 4j^s ..I960 Bost & Maine 1st 5s ser A-C.1967 1950 1992 Brooklyn Union Elev 5s Chic & N W 994,000 970,000 50,684,000 118,699,000 93,948,000 31— Stock sales—No. of shares Bond sales (par value)— 61,683,952 ■■■■ . . 81 10334 1963 111 Cent C St L & N O 5s 101*" Internat Paper 5s ser A & B_ .1947 Kan City Sou ref & impt 5s. 1950 Lehigh Valley (Pa) cons 5s__2003 Liggett & Myers Tob 7s 1944 91 . Mo Kan Tex cum adj 5s 7234 6534 11934 10134 8834 4134 2834 10234 10034 10834 11554 1967 New York Central conv 6s__1944 3^s 1946 N Y C & St L 4J^s ser C 1978 N Y N H & H 1st ref 4J$s. —1967 N Y Ont & Western ref 4s 1992 1997 Northern Pacific 4s Pennsylvania RR deb 4^s..l970 Conv deb 3^8 Pitts C C & St L 5s 1952 A 1970 Warner Bros Pictures 6s 1939 ser 10334 Western Maryland 1st 4s._.1952 May 93% 7834 10234 8134 10034 89 May government— corporate—.- 509,649,000 7,915,000 5,201,000 498,656,000 18,478,000 14,869,000 421,557,000 522,765,000 532,003,000 May 104 i6r" May 10 May 7 8 12934 May 26 May 89 May 104"" May 46 May 23 May 10834 87 ,7 42 4 5 Range for Argentine est'l 434s 9734 1971 Australia 5s of 1925.. 1955 Austrian (Govt) 7s 106 ..1957 109 (Kingdom) 634s.-.1949 Brisbane (City) 5s 1957 Belgium 100 (Dominion) 5s 1952 French Republic 7348 stpd_.1941 External 7s stamped 1949 German (Rep) 7s stamped...1949 May 2634 1965 stamped 96" " ...1963 Queensland (State) ext 7s___1941 Norway 4s May 24 Rome (City) ext 634s 10934 34 May May 5 10 22 8 10 21 ..1952 3134 May 24 10334 May 20 76 VOLUME OF BUSINESS ON THE STOCK 1937 of May Stock sales—No. of shares 18,549,189 ' State, munlc. & foreign. 137,945,000 21,103,000 8^ ' I.'.160,832,000 23,565,000 16,013,000 May 21 30,439,671 20,613,670 $ 112"" 116 12034 3134 3034 1 7 May 8 1 - Total bond sales May 9 May 10... May 11... May 12... May 13... May 14. May 15. W:-1 7534 $ 188,534,000 33,781,000 61,840,000 1934 Bond sales (par value)— Total bond sales 1 1 51:,: 1 1 May 27.. I May 28.. I 1 May 29. l May 30.. Sunday May 31.. I "Vl'.r ?riv; 1 May 26.. l / I .. 1 Holiday . 1 "> fl' • ¥1 ■ Saturday - . Saturday __ Sunday Time loan rates on security view of the new collateral remained unchanged previous rate of 1%% for maturities running from to three months, and 1%% for longer term loans. In requests for sharp decline in security trading, accommodations were negligible. OF TIME LOAN RATES Rates on Mixed Collateral May 1 May 2 May May IX IX -• IX IX IX IX 6 — -- IX May 9 May 10 Satur Sun — IX IX IX .. IX IX May 15 16 .. IX IX IX IX :■ IX _ , _ IX Satur V;.; , 1 X IX IX May 19 . IX ix IX May 20 $ 868,026,000 1,212,883,000 315,557,500 165,087,000 263,664,600 378,489,000 1,525,455,000 1,567,822,000 1,411,602,000 1,792,105,100 _ IX _ IX May 22 . . May 26 _ May 27 . May 29 May 30 - . _ IX IX IX IX IX IX IX IX IX IX IX IX AX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX ¥ . May 25 1 IX IX IX - May 28 IX IX IX IX, 40,015,000 196,477,167 IX IX Sun day IX IX IX .. 102,511,960 IX IX day — 65,480,800 IX IX IX IX ' IX IX IX IX IX - IX IX IX IX — day day .. 239,325,893 § IX .. May 11 May 12 May 13 May 14 IX IX IX; — IX IX IX IX IX IX May 18 212,421,734 ■■, ' IX 7 8 May IX IX IX IX IX IX IX IX IX 6 IX IX IX .. - 6 Mont Sun day _. 4 5 Months Months Satur day — 3 May 4 90 Days 60 Days Days 179,247,000 284,742,800 1,105,525,000 1,289,691,000 166,841,000 147,227,000 State, munic. & foreign 253,089,000 130,904,000 U. S. Government Railroad and miscell... 1 I . May 17 284,155,000 « May 25. - Sunday ¥i¥. May 24.. V1'' 1 L; •; 1 Saturday May 200,410,000 , __ 8 ■ 25,335,680 179,649,000 $ May 23.. • & 1 1 May Jan. 1 to May 31— Stock sales—No. of shares I 'I May 24 20,601,000 1 May 22.. Sunday May 23 — May 21 I Saturday May 21 U. S. Government i l 1 May EXCHANGE 1935 1936 ' Bond sales (par value)— Railroad and mlscell... 6___ 109 9834 May 26 111 May 27 10934 May 7434 May May 19.. May 20.. l 1 - i l 1 4... 5... 10234 May 12134 May May 3... 10734 116 96 I c&vi-K) May May May DAILY RECORD May May 2634 May 10234 May -ri€ 1 May 29 534s New South Wales (State) 5s. 1957 i I one Closing 101 May i 104 5 May 13 11234 May 29 1 May 28 11134 May 12034 May May 18.. at the May 28 115 112 Canada Sunday May 16... 9934 10734 10234 10934 May May 2... 10954 11634 9534 May 10 Highest 9734 May 10554 May 10034 May 1 May 102 1937 Lowest i May 17.. May 22 Price May 1 ¥ Saturday May 24 May, May Renewal High Low Renewal High Low May 28 May May . 1... 4334 2334 10554 2954 10534 10234 10934 11634 9534 10434 11534 May 9434 May 10334 May YORK STOCK EXCHANGE May May May 10 86 102J4 May CALL LOAN RATES ON THE NEW May May 28 Price Foreign Bonds Month 7 7 12154 May 10934 May 21 10534 May 108 largely May 25 May 100 approximately $875,000,000, but a subsequent increase, caused by Treasury disbursements, carried the position back to above $900,000,000. Following the readjust¬ ment in reserves, the previous tension in the money market eased perceptibly, and a somewhat easier trend was dis¬ cernible, particularly for short-term obligations, as typified by a slight decline in the rates for bankers' acceptances. Yields on government bonds also underwent a gradual de¬ cline, owing in part to the decision of the Supreme Court rendered on May 24 and upholding the validity of the main sections of the Social Security Act, the operations of which are expected to absorb large quantities of government issues. Treasury financing was limited to five weekly issues of bills, resulting in a net increase -of $250,000,000 in outstanding government obligations. Gold imports during May totaled $142,700,000. Of this sum, $97,300,000 came from England, $16,600,000 from Japan and $13,700,000 from Canada. Including newly-mined and scrap gold and the release of $29,600,000 from earmarked accounts, the total gold stock of the country rose approximately $195,000,000, while the Treasury's "inactive" gold fund simultaneously reached the new high of $745,800,000. Discount holdings of the 12 Reserve banks rose further from $10,999,000 April 28 to $15,698,000 May 26. Bills bought in the open market also increased from $3,743,000 April 28 to $6,260,000 May 26. Total member bank reserves remained fairly sta¬ tionary, aggregating $6,943,597,000 May 26 as compared with $6,933,816,000 April 28. Average discount rates for 273-day Treasury bills, following their steady advance during the previous month, receded from their high of 0.738% May 5 to 0.562% May 28, while average yields on Treasury notes of one- to five-year maturity eased from 1.24% to 1.17%. On the Stock Exchange the official call loan rate was un¬ changed at 1%. to 7134 9454 7934 10434 May 75 131 " ¥ MARKET DURING MAY, 1937 instalment of the increase in member bank reserves going into effect on May 1, total excess reserves as of that date shrank from $1,600,000,000 at the end of April 29 10434 8434 10154 9134 May THE MONEY With the final 119 May $ $ S 407,272,000 8,777,000 5,508,000 227,543,000 i'- Total bond sales 8334 May 25 82 May May May 7134 May 12934 May 6534 May Opening German (Govt) Internat May ; 34,835,211 20,534,768 69,603,559 v S 215,219,000 6,530,000 5,794,000 10534 1 3134 May 7 2034 May 9634 May 11 May <$ 508,000 Total bond sales Foreign , 116,614,000 1,115,000 Jan. 1 to May — * • 31,329,000 562,000 Further gains were Government Bonds $ 89,092,000 3,271,000 1,585,000 government-u. Foreign corporate.—-- Foreign enjoyed by the bond market in May among corporation bonds of high grade. Securities embrac¬ ing the medium and lower-grade groups, however, inclined toward weakness and followed the trend of equity values, which closed the month with net recessions. United States Government bonds displayed early strength, only to turn fractionally lower toward the middle of the month, while moderate improvement was noted at the close. 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: 4,703,382 48,231,000 1,459,000 Foreign Domestic.- 4,313,864 6,382,763 $ Domestic..------ May 28 at 38%. the close 5,067,156 30,259,000 sales—No. of shares value)— Bond sales (par 1934 1935 1936 1937 Month of May - IX IX Satur clay Sun day IX IX IX IX ix IX IX IX IX IX ; Satur day Sun day Holi day IX : 7': 77: ■■ -7 77'77. . ,,t: June, 1937] Commercial- paper met with a slightly the. part of banking institutions, on the open market continued to be investors. six to promptly absorbed by other The prevailing rate of average months' commercial grade prime four 1%, while remained at paper especially choice paper maturing within three months occa¬ well-known Fed¬ sionally went at %%, and some business in less names was Reserve Bank eral Under date of May 11 the 1%%. done at New of announced that York from commercial paper received returns of dealers showed a total $285,000,000 of open market commercial paper outstanding on April 30 compared with $290,400,000 outstanding, at the end of March and with $173,700,000 at the end p£ April, 1936. n'ORMONEY AT NEW YORK7 'S 7i&7 May 15 8 BROKERS' LOANS IN NEW YORK CITY For the Federal Reserve banks, May brought (1) an in¬ crease, as of the first of the month, in member bank reserve requirements; (2) cessation of the open-market buying of government securities, which began in the first week of April, and (3) a change in the form in which member banks in the 101 cities make public every week their statistics on loans. The increase in member bank reserve requirements was the third which had gone into effect since last August. The first use which the Federal Reserve Board made of the powers given it in the Banking Act of 1935 to increase required reserves was made on Aug. 15, 1936, the second on March 1 and the third on May 1 (the latter two in accordance with an announcement made by the Reserve Board on Jan. 30, 1937). The three increases brought reserve requirements up 100% over the standards required from June 21, 1917, to Week Ended— May RETURNS OF THE FEDERAL RESERVE BANKS- lessened demand although offerings in May 22 May 29 Aug. 15, 1936, and demanded of all member banks 6% against time deposits, of banks in the Central cities 26% against demand deposits, of biankk in the reserve cities 20% against demand deposits and of country banks 14% against demand deposits. The May 1 increase in requirements, equivalent to one-seventh of the scale prevailing from March 1 to April 30, lifted aggregate required reserves of member banks by approximately $700,000,000, according to the Federal Reserve Board. The reserves reserve Call loans on Stock Excbange: Range for week (mixed & ind. coll.) Week's aver, (mixed & ind. coll.) Time loans (mixed & Indus, collateral): Thirty days ._ ;■ Sixtydays-. Ninety Four j. - a., » . ..7. - months— *7 Five months... Six volume of months......i.......i.ii...i. Commercial paper: Double and single names; Prime 4 to 6 months Good 4 to 6 months • expanded moderately, for bills exceeding available offerings by a substantial margin. Total outstanding accept¬ ances, according to the monthly survey of the Acceptance Analysis Unit of the Federal Reserve Bank of New York, Trading in bankers' acceptances with the fairly heavy demand published May 11, amounted to $395,031,279 as against $396,471,668 March 31 and $343,694,299 April 30, 1936. Import 'bills continued their rise from $160,024,332 March 31 to $167,074,407 April 30. shipped Bills based foreign < countries 'between goods stored in or from $75,- on increased 638,530 to $76,280,447, whereas export bills declined from $83,592,723 to $82,520,054, and domestic warehouse credits from $63,892,473 to $56,209,369. Rates for bankers' accept¬ ances early in the month eased from 1/16% to %%, with quotations on May 29 ranging as follows: *£% bid and 7/16% asked for 30-day bills; 9/16% bid and %% asked for 60-day and 90-day bills; %% bid and 9/16% asked for 120-day bills, and %% asked and %% bid for bills running 150 and 180 days. The New York Federal Reserve Bank, in its "Monthly Review," discussed conditions in the market for bankers' acceptances as follows: 7 "Early in May the bill dealers reduced their rates on 60and 90-day bankers' acceptances by 1/16%; on five- and six-month acceptances by %%, and the four-month maturity by Vs% on the bid and 1/16% on the offered side. No change days. was made in rates for bills The following schedule of maturing rates, within applying to 30 both indorsed and unindorsed bills, has remained in effect since early in May: 90 30 days, %% bid 7/16% offered; 60 and 9/16% bid %% offered; four months, %% bid offered, and five and six months, %% bid %% days, 9/16% offered. Trading activity in bills continued in volume same about the April, with investment demand, including foreign orders, considerably in excess of the supply some as of bills available in the market; dealers' portfolios remained at a low level. A small amount of bills was purchased by the Reserve banks during the month. During April there further slight decline in the volume of bills outstand¬ was a ing to $395,000,000. 7 Domestic warehouse bills $8,000,000, while import bills outstanding rose further. of April decreased $7,000,000 About were 81% of all bills outstanding at the end held by accepting banks and -bankers, leaving $77,000,000 held by other institutions." 9 PRIME BANKERS' ACCEPTANCES that its Saturday Sunday X-7-.* X~7 916~X 9,6~X 916~X 916~X 916~X 916~X 916~X 916~X X~7X6 9,6~X 916~X 9ie-^ 9is->* 9i6~X 916">* 9U~X Saturday Sunday 916~H 9xe~X X-9 X~ 16 - 916-^ 9X6~X 5i~916 H 16 916~J& Saturday H~X H-X H-X H-X H-X H-X H-X H-X H-X H-X Sunday M l6 73-716 XX~7\C 72 16 X-'te X~7X6 X~716 X~7,6 X~7,6 M 916~X 9,6~X 916-^ 916-M 916~X 916~X 9\6~X 9\e~X 916~X 9X6~X 9ie-H 9xe~X 9XC~X 916~X 9X6~X Saturday Sunday 9xe~X 916"^ 9X*~X 716-Xi 9XC~X Saturday Sunday Holiday 9^ 16 X—9x6 H-X H-X %-916 H-X X~9XS the own government securities market was able to row boat in May and the System did not find it necessary to put its oar in. The System did, however, make certain shifts in its portfolio during the month by selling out $2,120,000 of Treasury bonds and $4,180,000 of Treasury notes buying $6,350,000 of Treasury bills. Actual member bank reserve balances increased $9,781,000 from April 28 to May 26. The principal sources from which member banks gained reserves were the $14,261,000 reduc¬ tion in the Treasury's deposit balance with the Reserve banks and the reduction of $11,000,000 in non-member deposits and other Federal Reserve accounts, and the principal offset to these additions was the $18,000,000 rise in the amount of hand-to-hand money in use. Member bank borrowings from the System increased $4,699,000 to a total of $15,698,000 in the four-week period, and the System's portfolio of bills bought in the open market expanded $2,525,000 to a total of $6,268,000. The volume of Federal Reserve credit in use decreased $14,000,000. The monetary gold stock increased by $195,000,000 to a record high figure of $11,977,(XX),000, but, owing to the workings of the gold sterilization program begun by the Treasury on Dec. 21, 1936, this rise in the gold stock did not make for a corres¬ pondingexpansion in member bank ^ The changes in the weekly member bank report form made their appearance in the figures for the week ended May 19, and comparisons were, given for the previous week. Comparisons with the showings for the previous year will and not be available until the new form has been in use for a year. The changes in the report form were made for the purpose of showing the function rather than the form of member bank loans. Secured by 90 Days 30 Days 60 Days 120 Days 150 Days 180 Days Accept'ces Bid & Ask Bid & Asfc Bid & Ask Bid & Ask Bid & Ask Bid & Ask X-he X-he of member banks declined in the May 5 from $1,640,000,000 to $890,000,000. From April 28 to May 26 excess reserves declined from $1,640,000,000 to $940,000,000, or $700,000,000. In the week ended May 5, government security holdings of the 12 Federal Reserve bhnks increased $50,000 to a total of $2,526,290,000, making the increase in the System's portfolio since March 31, $96,063,000. In the next three weeks the System did not find it necessary to add on balance to its holdings of government securities. The System's Open Market Committee announced on April 4 that the Reserve banks would buy government securities to make money-market conditions orderly and to facilitate adjust¬ ments of member banks to the May 1 increase in reserve requirements. It was an open secret, however, that the Reserve banks embarked on the securities-buying program so as to ease the decline in government issues. The fact is to Call Loans X-7\s excess reserves week ended '' The intent was to show the total loans purchase and carry securities, whether made to and dealers or not and whether made on collateral and to show the total amount of loans to commerce, and agriculture, whether secured or unsecured. - made brokers or not, industry Granted that the new form will succeed in throwing more light on the nature of outstanding bank credit, the fact remains that the changes have destroyed the continuity of previous loan compilations and thus at best are of dubious value. It was the second change which the Reserve System had made in the member bank report form in a year and a half. As indicated, the changes are confined to the loan items. The continuity of the figures on investments and of total loans and investments is unimpaired. Total loans and investments of the reporting New York City banks declined $33,000,000 from April 28 to May 26, with holdings of direct government securities down $58,000,000, government guaranteed securities down $10,000,000 and other securities down $29,000,000. From April 21 to May 19, total loans and investments of the weekly reporting banks in 101 cities declined $91,000,000, with direct government securities off $125,000,000, government guaranteed securities off $16,000,000 and other securities off $48,000,000. Coincident with the changes in the statement form, the reporting New York City banks ceased making public their loans to brokers and dealers locally, on the one hand, and • / EEYIEW MONTHLY 16 Their total loans to amount of loans to securities on May 26) outside New York City, on the other. brokers and dealers (including a small and dealers other than on brokers $22,000,000 to a total of $1,124,000,000 from April 28 to May 26. Street loans, as compiled by the New increased York Stock Exchange, were than on EXCHANGE OF STERLING COURSE DURING MAY demand, due largely to tourist requirements as the corona¬ tion ceremonies 12 attracted May on visitors from abroad, large number of a particularly from the United States. The extent of foreign visiting in England may be judged from the fact that the Bank of England's note circulation reached £481,432,000 all-time high on May 19 at an pared with £423,130,096 on May 20, 1936, 618,000 in the Bank's statement just prior to the suspension of gold in The sharp rise in the Bank's September, 1931. circulation due was chiefly hoarders.:1 ■ While the hoarding of British notes and during May of the expansion to to the demand for British notes industry and British by foreign .-'x. gold continued for the past several years, there was also as apparent a dehoarding tendency which was strongly encour¬ aged by the British banking authorities. On strictly commercial account rencies not was exchange in foreign cur¬ important factor, as was the case for an the past few years owing to the general curtailment of inter¬ of commercial far-reaching a treaty emanating from the conference it was From information the question of a lower gold price continued to that clear disturb South The South African dele¬ African interests. gates are understood to have intimated that the gold price might be utilized as a valuable bargaining factor in any the United States. This idea United States might be anxious to relieve the strain on its Treasury occasioned by the necessity of buying and sterilizing huge quantities of gold imports. -The South African interests made it clear that they were not averse to a lower gold price but would wish only to be assured of a steady market at a fixed price. According to informed London opinion, it was virtually Imperial negotiations with based the belief that the on certain that the British Treasury would object to a lower¬ advocated by the South African ing of the gold price as delegates. as com¬ and with £351,- assembled immedi¬ States and the entire British Empire. between the United was Sterling exchange was steady during May and in notable negotiation the for $35,066,396 lower on May 29, April 30, 1937. These loans aggregated $1,152,212,988 on May 29, 1937, which compares with $1,187,279,384 a month ago and with $969,997,839 a year ago. Two years ago, on May 31, 1935, these loans amounted to only $792,541,031. 1937, At the Imperial Conference which was ately after the coronation the British Dominions, under the leadership of Canada and Australia, made strong pleas The overseas members of the British commonwealths were apparently prepared to modify the Ottawa Imperial trade preference agreements in favor of the United States. How¬ ever, it would seem that the home government was strongly in favor of the Imperial preference clauses formulated by the Ottawa agreements. " - V':;;;;v■'^■>.>■ The dehoarding phase of the market and the movement of such funds to the United States was strangely exempli¬ toward the fied end^ of the month by the receipt at New $247,000 of English gold sovereigns, which came by way of Paris. The shipment of sovereigns was interpreted in foreign exchange circles as indicating general public dehoarding. The coin, which is no longer minted, was in active circulation before the World War, when it was worth York of Due to the devaluation of the dollar the sovereigns $4.8665. valued at $8.2397. were 1 In the early part of disturbed by attitude The national trade. the month the London market was that the finance bill, with its the prospect Sweden of the on gold question which disturbed the market was due to a general remarks of bill made by so misinterpretation the Swedish Minister of Finance. A introduced in the Riksdag early in the month and was "growth and profits" tax, would be injurious to the expan¬ became law sion gold standard until Feb 28, 1938. The measure was merely a routine action which the Stockholm Government has taken each year since Sweden fell in line with sterling of trade and industry, but these fears when the finance bill mons on 24. May found to were was have introduced in the House of Com¬ Chamberlain's Mr. allayed were original proposals been modified in response to protests May 26 providing for continued suspension on of the the after suspension in 1931. of gold However, the new by industrial leaders, and it was clear that no undue burden special provision for altering the gold value of the krona. This clause, it was made clear, was merely would a be imposed measure. - On industry as on a result ' . May 28 Premier of the revised Stanley Baldwin retired and Chan¬ of post. Sir John Simon became Chancellor of the Exchequer Exchequer Neville Chamberlain assumed the International bankers berlain a saw in the elevation of Mr. Cham¬ promise of the continuance of the fiscal and mone¬ tary policies of the government which he has directed for In the he had early part of the month markets disturbed were nothing to add to his declaration last February to the effect that No change change was contemplated. no required now within the surveyable future any more seems then, he said, but on the contrary the fall in inter¬ than national prices at the end of April has for \ several years. preliminary to giving the finance ministry freedom of countries find grounds for agree¬ on currency stabilization at any future time. On May 18 the Swedish Finance Minister asserted that ment • cellor the made action should the leading 1 , bill reduced the reasons considering such measures. ■ Sir Ernest Oppenheimer, Chairman of the Anglo-American by widespread fears, which were especially marked in South Corporation of South Africa, Ltd., said at the annual meet¬ ing of the stockholders in Johannesburg early in May that Africa, that the United States might lower its gold-buying it price. At the same time there were rumors Sweden that largely responsible for uneasiness Chamberlain had been as interrogated the House of Commons early in the month. whether he had - was aware that the United bought and sterilized more than British Government States in the was asked $500,000,000 in gold. to cooperate with the acquisition of such fresh supplies of as should become available for monetary purposes, with view to stabilizing world currencies and prices and reviv¬ ing international trade. ' Mr. Chamberlain replied that he was aware of the action of the United States and that general cooperation was main¬ Washington and other purpose adherents to the tri¬ of preserving as far as possible equilibrium of gold. In pursuance of this policy, purchased when necessary and no he said, gold is being change is contemplated in the system. Asked whether Washington with tion, Washington. on the This was was already in the first outright state¬ subject by British authorities since the establishment of the British Equalization Fund. Throughout the month the British exchange fund was the the London open market. On numerous occasions after the gold price had been fixed at most active buyer of gold in 11 to the In international keeping with the expansion in note circulation and trade On May 11 £2,622,887. While formity open with market firming flected in a the policy, in rates up loan sold by yield basis of virtually edged issue to conform to in the year by the decline in investment stocks. It was not believed in London, however, that this change presaged a further rise to 4% in the near future. The manner in which the market received the Leeds in fully meeting the some conditions, and that this basis The first definite action by any important group of countries to eliminate international trade barriers was announced from The Hague on May 28 by representatives of the Oslo convention. The signatory powers -to the new commerce treaty include the governments altered time. of Belgium, Denmark, Finland, Norway, Sweden, Luxem¬ bourg, Holland and the, Dutch East Indies. Under the terms of the agreement all trade restrictions, such as quotas, whlcji now exist between the members of the convention with respect to imports or exports of one another's products will be abolished. It was also agreed that no further in¬ the exchange fund. tions becomes effective July ^ issue indicated that the rise interest rates from below 3% to 3was regarded as creases m., continued easy in con¬ there was a tendency on gilt-edged securities, as re¬ the Leeds Corp. of £4,000,000 This was the first giltconditions established earlier rates money government toward on £4,914,796, and on May 18, the Bank bought heavy offerings of gold were made by hoarding interests which might have caused the gold price to drop but for the active support of the British Treasury through a. pave gold standard, activity the Bank of England strengthened its gold holdings. might last for . Treasury would keep in touch with view to assuring the maximum coopera¬ lie^ replied that the British Treasury touch with ment made ;; the a around world trade." was gold with (then He prepared partite agreement for the level agreement might money return States Government a tained present the matter in (By May 26 the United States inactive gold fund reached $745,822,664.) Mr. Chamberlain was also asked whether the United its Sir Ernest expressed his belief that the tripar¬ the way for a general "which alone is capable of insuring stable exchange rates and of giving the confidence necessary to promote a substantial increase in fund to the gold price. on why the sterling price of gold should from tite The rapid growth of the United States inactive gold Mr. see appreciably . 140s. 8d.). would abandon its sterling tie and revalue its krona. was difficult to was vary will be made in tariff duties on imports from mem¬ ber nations of the Oslo convention. 1. . The lifting ^ of restric¬ ; June, 1937] Gold that offer in on is, MONTHLY offer the London the open EEYIEW part of the gold received market during May, from England during the month reported to have been of Russian origin. "These imports, together with receipts from other sources, including newly-mined and scrap gold, and the release of $29,600,000 from foreign account earmarkings, resulted in an increase of about $195,000,000 in the gold stock of this was hour, amounted to £12,276,410 compared with £12,868,000 in April. During the month the mean London check rate on Paris ranged between 109.15 on at 110.83 and (see price-fixing below). table The London 1 open market gold price ranged between 140s. 5%d. and 140s. 17 lOd. (Federal Reserve York) continued at $35 an ounce, s London money market rates continued steady throughout May, unchanged from March and April. Call money against mium of The American price for gold per ounce. Bank pf New was months' in supply at all times at %%. bills general fund." " Two- and three- 9/16%, four-months' bills, 19/32%, and bills, 21/32%. Sterling cable transfers on May 1 $4.93 13/16@$4.94%, and on May 29 at $4.93 7/16® $4.93%. The low for sterling in May was $4.98 7/16 on May 5, and the high was $4.94 11/16 on May 17. : ! Canadian were French francs /J London v Check Rate 'i'y on Open Paris Market May -A 1 2 3 109.89 109.15 1408. on 1408. lOd. May 4 May 5 May 6 May 7 May 8 May 9 May 10 May 11 May 12 May 13 May 14 May 15 May 16 110.39 140s. 8d. SUN DAY 1403. 8H d. 93^d. 8^d. 140a. 8d. 110.03 V 1408 109.96 109.8S : . 109.86f 140s. SUN DAY 8^d. 110.02 1408. 9d. 110.26 1403. 7d. 110.25 7 HOLIDAY 110.28 1403. 5^d. 110.23 ; Check Rate Gold Price May May U'.:- 0";;- 1403. 8d. 110.23 1403. 6J^d. May May May May May May May May May May May May May May May Paris and Open Market Gold Price 110.37 5^d. 5^d. 6>^d. 140s. 19— no.60 1408. 20 21 22 23 24 25 26--- 110.81 1403, 110.38 1403. 110.53 1408. 7d. 27.— 110.58 1403. 7d. 1 28 29___ 110.68 1408. 6d. < no.81 1403. 6d. .> 110.83 1408. 6d. } SUN DAY 1408. 110.64 6d. 110.65 110.70 1408. 1403. ; 7Kd. 9^d. SUN DAY The value by 4%. "With the exception of the Netherlands guilder, the quota¬ for the principal foreign currencies showed narrow tions net changes during May. Dutch exchange continued to dis¬ play marked sustained strength, and the monetary authori¬ ties apparently made guilders available to the market against foreign currencies and gold only at advancing rates, with the result that the Amsterdam-New York rate rose fur¬ ther during the month from $0.5485 to $0.5499%. The gold reserves of the Netherlands Bank increased $143,000,000 during the six weeks from April 12 to May 24, and at the close of this period were $313,000,000 larger than immedi¬ ately following the suspension of gold payments last Septem¬ ber. In addition, some gold is held in a stabilization fund. "The upward movement in the pound sterling, which had been a major feature of the foreign exchange market during April, halted in May, and rate fluctuations were limited exceedingly narrow range. In the first 10 days of May the pound was quoted between $4.93% and $4.94 5/16, and from $4.94 to $4.94% during most of the remainder of the month, as compared with a high of $4.95 on April 29 to an and 30. The halting of the advance in sterling was due variety of influences. During the early part of May the supply of gold coming upon the London bullion market to a was absorbed without heavy shipments to the United States, owing in part, according to market reports, to Dutch official purchases in London. Moreover, there was a marked abate¬ ment of British and Continental European selling of Amer¬ securities. Although the movement of gold to the United States again became heavy in the latter part of May, this movement was closely related to an apparent desire in ican certain foreign countries to hold larger balances in dollar exchange. '7. "The advance in French exchange, which had begun the latter part of April, continued during the first few days of May, and the franc reached $0.0451 11/16 on May 3. There¬ after, the rate receded gradually to $0.0446 3/16 on May 28 and then fluctuated irregularly Huring the remainder of the month." Changes in the gold holdings of the Bank of England during May were as follows: For the week ended May a decrease of £58,982; for the week ended of £4,914,796; for the week ended crease crease ■$W: of decrease and for the week ended of £27,776. an in¬ an May 26, in¬ a The Bank's gold holdings on May 26 stood at £322,120,862 as compared with £207,263,000 a year earlier. at 7v";V;7 £2,622,887, 5, May 12, May 19, The record gold holdings of the Bank of England were high in the' statement for May 19, standing at £322,148,638, which compared with the minimum of £150,000,000 recommended by the Cunliffe Committee, and with £136,880,252 in the Bank's statement just prior to the sus¬ pension of gold in September, 1931. , Details New York of the gold movement were outlined as to and from follows in the the Port of "Monthly Review" of the Federal Reserve, Bank of New York for June 1: "The movement of gold to the United States continued in substantial volume during May, although somewhat less than in the previous month. Imports affecting the monetary gold stock totaled $142,700,000, of which $97,300,000 from Eng¬ $13,700,000 from Canada, $5,500,000 from Colombia $4,500,000 from India, $1,200,000 from Switzerland, and $1,100,0001 from France were received at New York, and $16,600,000 from Japan, $2,000,000 from Australia, and $800,000 from Hongkong arrived on the West Coast. A small land, '• :■■■) ///v:/ EXCHANGE J ; V .. - V:--; ':/• , "" . ■' were of In ' ,';V 7V::.': exports advanced 44% and weight decreased French imports have been more than value double the value i of exports. French balances abroad during funds In commenting on the foreign exchange situation during May, the Federal Reserve Bank of New York said in its "Monthly Review" for June 1: . unfavorable import balance. From January to March an import surplus of 5,000,000,000 francs was created, the value of imports having risen by 70% and their weight by 27%. • 5^d. SUN DAY 30 31— pre¬ The first quarter of 1937 showed an actual decrease in weight of exports as,compared with the corresponding quar¬ ter of 1936, while the rise in raw material costs, which was only partly checked at the end of April, aggravated the HOLI DAY 17— 18 ■, W'77. ..',7 in the incessant embarrassment of the French Treasury the very unfavorable trade balance. seen London •'{."■ London premium of %%. a a long period, future francs were at sharp discounts. The underlying situation continued unsatisfactory. That there was complete absence of real financial revival was to be ■>' Mean Mean ranged between ' kept relatively steady with respect to the spot rate through operations of the various exchange equalization funds, but throughout the month, as for a LONDON CHECK RATE ON PARIS AND PRICE OF GOLD IN LONDON London 1/32% and during May ' • • 'V/. exchange CONTINENTAL AND OTHER FOREIGN six-months' sold at '*r ' country during the month. The Treasury's daily statement of May 26 showed $745,800,000 of 'inactive gold' held in the bills /•; ;7"' May; was on the ' showed contrary, no an disposition to return outward movement of in progress, which, it was thought, might com¬ pel the government to resort to restrictive exchange meas¬ of ures some Auriol made tions of any The r Premier sort. in clear Blum and Minister Finance that they would not impose restric¬ kind except as a last report, unsatisfactory position of the Treasury, with the Paris market practically closed to it, has compelled more or less disguised borrowing from the Bank of France. Direct advances to the State, which were formerly limited under the Poincare stabilization law to 3,200,000,000 francs as a permanent loan, aggregated at the end of May 23,000,000,000 francs. The Banc Populaire, which extends credit to small businesses, and the National Wheat Office were indebted to the Bank of France for more than 1,500,000,000 francs. The outstanding advances against public bills to private banks to the amount of about 1,000,000,000 francs. The Bank of France statement for May 28 showed gold holdings of 57,358,964,410 francs. This item has remained Bank had practically unchanged since early in October. Paris cable transfers sold at 4.47% @4.47% on May 1 and at 4.46@ 4.46% on May 29. The Belgian currency was the firmest of the Continental units in May. The belga was especially steady, as it has been for months, and in May belga futures were generally quoted flat. There were evidences of steady business im¬ provement in Belgium, and during the past year funds have shown a tendency to move into Brussels. The gold stock of the bank increased steadily. On May 20 the National of Bank Belgium showed gold holdings of 3,587,500,000; Its ratio of gold to notes stood at 81.83%, and its; ratio of gold to total liabilities was 69.06%. Belga cable belgas. transfers sold on May 1 at 16.89@16.89%, and May 31 on 16.85% @16.86%. at Italian lire continued to be held exceptionally the Italian exchange control at around 5.26%. fers Rome sold at on 5.26% 5.26%@5.26% on steady by Cable trans¬ May 1 and at 5.28% @ May 29. on The German mark situation continued unsatisfactory dur¬ The Reichsbank statement for the third quarter of May showed gold holdings of 68,535,000 marks. However, ing May. not reflect accurately the Since early in 1935 there has been a net gold import into Germany of $89,287,000, of which $44,450,000 was imported in the first two months of 1937. the Reichsbank gold statement does position of Germany. Market observers were of the opinion, that official Germany holds at least $150,000,000 in gold. German sources con¬ ceded that the first quarter of 1937 witnessed a net gold import of 100,000,000 marks, The Reichsbank i statement for first quarter of May gold and bullion of 30,000 marks; for the second quarter an increase of 53,000 marks, and for the third quarter an increase of 50,000 marks In the third quarter of May the Reich^bank's gold and bullion stood at 68,535,000 marks as compared with 71,950,000 marks a year earlier, and with 806,785,000 marks on Dec. 31, 1932. The Bank's ratio for the third quarter of May stood at 1.68%, which compared with 1.94% a year earlier and with 25.8% on Dec. 31, 1932. The so-called free or gold mark was the showed a gain in quoted at 40.21@40.22 on May 1 and on May 29 at 40.13%® 40.15%. Exchange on the countries neutral during the generally sterling. war was steady in May, moving in close sympathy with The official attitude of Sweden respecting the relation of the' krona to the pound is discussed in the above resume of sterling exchange. Swiss francs and Dutch guilders were exceptionally steady, as both currencies are in favor with refugee money. The guilder was strong in ... '■'x.T.» " I.-.y' • Throughout the month the May. REVIEW MONTHLY 18 May 1 and 30.50@30.65 on May 29. May 1 and 29.80@ 30 3/32 on May 31. Yen checks sold at 28.80@28.81 on May 1 and at 28.75% on May 29. 13/16 30.66@30 Dutch equalization fund gold to of The Netherlands for May 24 showed gold holdings of 1,130,100,000 guilders and a ratio of gold to total liabilities of 82.6%. The Dutch bank continued to carry its gold reserves on its balance sheet at the old parity of the guilder. On the basis of current value of the guilder, it is estimated that the gold would be worth approximately 1,400,000,000 guil¬ ders. Guilder cable transfers sold on May 1 at 54.84%@ ill O ^ Os fft ■«)< rt< Z consequence of the high prices obtainable for their raw materials. The Argentine situation was particularly favorable. Sav¬ ings deposits in Argentina continued to mount. They had reached a record high at the end of 1936, when they stood ^ os COCOCOCOCOCO os os os os os os fit TjJ OS <*2 cococo^eoco Os OS OS Os Os OS <3 o SUN DAY a4 49^ 4.48Ma4.49 4.48?^a4.49H 7— 4.48^a4.49^ 8— 4.48^04.49 4.49 5. 22.90 a. 4.48"16a4.49% 4.48% a4.49% 4.49 a4.49% 54.98 22.90 a.90% 22.90%<z.91 22.90 a.91% 54.98 a. 90% 22.90%a.90% 54.93 4.47%a4.48516 22.90 4.47^a4.47M 54.90 22.86 a.88 14... 4.47^04.47% 4.47%a4.483^ 22.85%a.87 22.87 a.87% 54.93 4.48 <z4.48% 22.86%a.87 15— 4.47%a4.48 4.47^a4.48M 4.47%a448'316 a.99 12... 4.47Ma4.483^ 4.48% a4.48% 22.89%a.91 4.47%a4.48% 18— 4.47%a4.47% 19— 4.46%a4.46% 20—. 4.45%a4.46 21— 4.45%a4.46 22— 4.45% a4.46 25— 26— 27— ■ 28— ■ 29— 4.48%a4.48% 22.87 22.86 4.47%a4.48 22.84 22.87%a.88% 22.86% a. 87% 22.84%a.85% a.88 a.85 SUN 4.46%a4.48% 4.46%a4.47% 4.46%a4.47% 4.46%a4.46% 4.46%a4.46% a.87 a.85% 22.85%a.86 a.88 22.87%a.88% a4.46% 22.85 4.46 a4.46% 4.46%a4.46% DAY. V..,:'",.. 4.463t6o4.48% 4.47%a4.48% 4.46%a4.47% 4,46%a4 47 4.46 22.87 22.86%a.87% c":>, 22.86 a,88 22.87 a.93 njl 3 to <sfl -•■I. 1—. ' W>-- ' '■ 22.04 Checks Cables O22.05 22.04%a.05% 25.45 sun DAY VV. 2 I I 25.44 4 25.44 a22.06 22.03%a22.05 22.04 22.03 O22.04 22.03%a22.05 a22.04 22.03%a22.05 22.03 5 022.05 22.04%a.05% 22.04 6 022.04 22.03%a22.05 22.03 7 a22.04 22.03%a22.05 8—. 22.03 sun DAY 22.03 11— 25.45 25.45 25.44 22.07 I I 22.06 a. 07 a.06% 22.06 a.06% 22.05%a.06% 22.04%a22.06 22.02 %a22.03 22.06 26— 27— 28— 29—. • I I I I I I I I I t | II I I I I I I I I I a25.48 25.47%a25.49 25.47 a.48% 25.45 a.46% 25.47% a25.49 24.81 31— HOLI DAY a25.50 HOLI DAY of Exchange on Other Centers I I I ■Xjl Xf! I I I II I I it I I III! I 16.85 a.86 5.26 5.26 26 16.84%a.85% 5.26 16.85%a.86 16.87 a.87% 5.26 16.86%a.87 5.26 •: DAY a.87 16.87 a.87% 16.87%a.88 16.85 a.86 5.26 5.26 Bankers' . 024.82 40.20 40.18 40.16 40.15 40.21 40.21 40.21 40.21 40.21 a40.22 a.21% a.21% a.21% a.21% 024.86 40.18 SUN DAY Bankers' Checks a40.16 a.15% a40.15 SUN DAY HOLI DAY HOLI DAY Cables Checks Cables - 5.43 SUN DAY 5..38 18.71al8.75 18.72al8.76 18.72al8.74 18.73al8.75 ; 18.71al8.74 18.72al8.75 18.71al8.74 18.72al8.75 Ja40.19 aa40.21 18.71al8.74 18.72al8,75 | SUN DAY . 6 .42 5. 33 18.71al8.74 18.72al8.75 18.71al8.75 18.72al8.76 a40.13 18.71al8.74 18.72al8.75 18.70al8.73 18.71al8.74 5..42 5..44 ; 5.,54 SUN DAY 5..48 : • 5..38 5..43 v- 5,,34 5,.32 6..37 DAY - a40.20 18.72al8.74 18.72%a.75 O40.20 18.73al8.75 18.73%a.76 a40.18 18.72al8.75 I8.72%a.76 a.17% 40.13%a.l5% 40.15%a40.16 40.15%a.l6% 40.14%a40.16 40.13% a. 15% 40.16 SUN DAY usually given here see page 56. Peseta Bankers' 40.17 r a.19% 18.72al8.75 18.72%a.76 40.17 .90%a.90% Spain 2040.19 SUN DAY 24.83%a.85% 40.15%a40.17 a40.15 24.83%a.84% 40.13 a.15% 24.83%a24.84 40.15 24.83 40.17 .90%a.91 ,90%a.91 .90%a.91 sun DAY 18.70al8.73 18.71alS.74 a40.21 40.18%a40.22 40.19%a40.21 18.72al8.74 18.72%a.75 40.18 .90%a.91 HOLI DAY SUN DAY 40.10 a40.18 40.07; a40.20 40.15; .90%a.91 ,90%a.90% ,90%a.90% ,90%a.90% .99%a.90% .90% a. 90% .90 a.90% sun DAY 18.71al8.74 I8.72al8.75 a.20% 40.20%a40.21 18.72al8.74 18.72%a.75 a.20% 40.18%a40.21 18.71al8.74 18.72al8.75 a. 18% 40.16; SUN DAY 5, .33 5,.28 5 .30 5..16 5..25 5..28 SUN DAY 18.72al8.74 18.72%a.75 5..38 18.72alS.75 18.72%a.76 6. 32 18.72al8.74 18.72%a.75 5. 32 18.72al8.75 18.72%a.76 18.71al8 74 18.72al8.75 5. 23 18.71al8.74 18.72al8.75 : : sun DAY sun DAY SUN DAY 40.21%a.22% SUN DAY SUN day - a40.22 18.71al8.74 18.72al8.75 SUN DAY 40.09%a40.12 40.07 sun DAY Schilling SUN DAY 24.82%a24.84 24.83 a.85% 24.82%a.84% 24.80%a24.83 24.83%a24.85 90%a.90% .90%a.90% a.91 90%o.90% a.91 90%a.90% a.91 903-ia 90% a.91 90%a.90% ,90%a.90% 90%a.91 Vienna "So Cables i sun DAY 5.26%a5.26% 5.26%a5.26% 5.26%a5.26% 5.26%a5.26% 5.26%a5.26% HOLI DAY a DAY Checks ;i ;':.V Cables / sun DAY 5.26%a5 26% ,90%a.90% .90%a.91 5.26%a5.26% 903ia.90% .90%a.91 5.26%a5.26% 90%a.90% .90% a.91 5.26%a5.26% 90%a.90% .90%a.91 5.26%a5.26% 90%a 90% .90%a.90% 5.26%a5.26% ,90% a. 90% 90% a. 90% a5.26% 5.26%a5.26% a5.26% 5.26%a5.26% a5.26% 5.26%a5.26% a5.26% 5.26%a5.26% a5.26% 5.26%a5.26% a5.26% 5.26%o».26% 5.26 16.85%a.86% Cables 90%a.90% •90%a.91 a5.26% 5.26%a5.26% ,90%a.90% .90%a.91 a5.26% 5.263^a5.26% 90%o.90% ,90%a.91 05.26% 5.26%a5.26% 90%a.90% .90%a.91 05.26% 5.26%a5.26% 90%O.90% .90%a.91 a5.26% 5.26%o5.26% ,90%a.90% .90%o.91 a5.26% 5.26%a5.26% ,90%a.90% .90%a.91 5.26 a. 85% 16.85 Bankers' Checks sun DAY 16.85%a.86% ^ sun :<Cables sun DAY 5.26 16.86 a.86% 16.86%a.86% 16.86%a.87% 5.26 16.86%a.87 16.88 a.88% 16.88%a.88% 5.26 a.84% 40.15 24.82 a.82% 40.14 40.13 25.44 %a25.46 24.79 %a24.80 24.80a24.S0% sun DAY -xj< -Xj< Tt< Greek a5.26% a5.26% a5.26% a5.26% a5.26% HOLI DAY 24.84 I till a5.26% 5.26%o5.26% sun DAY a40.20 a24.84 24.83%a24.85 40.19 24.83 a.84% 40.17%a40.19 a25.48 25.47% a25.49 24.82%a24.84 a.84% 40.16%a40.19 24.82%a24.84 24.83 a25.48 25.47%a25.49 24.83 a24.84 40.16%a.l8% a25.48 25.47%a25.49 24.82%a24.83 24.83 a.84% 40.16%a40.17 25.48 a24.59 24.82%a.83% 25.44a25.45 a.89% 5.26 16.89 40.21 a.81% 24.81%a24.82 40.20%a.21% 25.48%a.50% 24.83%a24.85 I I sun DAY 16.88%a.89% 5 27 16.89%a.89% 5.26 16.89 a.89% 5.26 16.85%a.86% 16.86 a25.49 25.48%a25.50 24.83 sun DAY V 16.84%a.85% kct*. 24.80 I I I Drachma a5.26% a 5.26% a5.26% a5.26% a5.26% a5.26% 5.26 a.89% 5.26 16.89 Berlia 24.79%a24.81 24.82 a.83% 24.82%a24.85 24.82 a24.84 24.80 a.82% 24.83 a.84% ■XtJ I 111 a5.26% 5.26%a5.26% a.89% 5.26 Reichsmarks a. 84% a25.50 24.83 22.06%a22.08 25.47%a25.49 25.48 024.84 a25.49 25.48%a.49% 24.83 22.06%a22.07 25.48 a.83% a25.49 24.83 22.06%a22.07 25.47%a25.48 25.48 25.49 24.82%a24.84 22.06 a22.07 25.47%a25.48 25.48a a25.48 24.81%a24.82 22.05 a.06% 25.46% a.47% 25.47 22.03a22.04 16.88%a,89 16.88%a.89 16.89 a.89% 16.88%a.89 16.88%a.89 SUN day 25.44%a25.47 25.47%a.48% 25.48 a.49% 25.47%a25.49 25.45% a.47% 25.48 a.49% Qs Os tf' -Xf' fj fj f£ I Checks sun DAY 54.96a54.98 ft* Bankers' -;-sun DAY 16.88%a.90 a.89 16.88 SUN day sun DAY sun DAY 25.45%a.46% a.07% 25.47 22.06 a.07% 25.47 22.06%a22.07 25.47 22.06 a22.07 25.47%a25.48 30— For Daily Rates a.88 a Lira 16.89 a40.22 a24.81 24.80%a24.82 40.21 a24.81 24.80%a24.82 40.20%a.21% 24.80 a24.82 40.20%a40.21 a25.45 25.44%a25.46 24.79%a24.81 24.81 a.82% 40.20%a40.21 a25.46 25.45%a.46% 24.80%a24.82 a24,81 24.80% a24.82 40.20%a40.21 a.45% 25.45% a25.46 24.80 a24.82 40.20%a40.21 24.79%a24.81 24.80 a.45% 25.44%a25.46 a25.46 22.06 a.88 54.87 TjJ Italian Cables 16.88%a.89 , 54 87 I X}< -Xtl rft CO CO OS OS OS Os OS OS I I I Os os os "<f Tt< Tj< ^ Tjl os Os OS Os f£ 111 II I a -xjj -Xjl a a a a •XjX <sj< rS~ f-K 11111111 I I i i l l I . ■Xjt •Xf rjt Tft CO os os os •Xf" f# f* fi to V, tOy-, tOy-j 08 rf ^ CO CO tj* OSOSOSOSOSOS fj fj fj ttji tji ^uT^^^os- «aeea a to to Bankers' 025.45 25.44%a25.46 24.80 a25.45 25.44%a25.46 24.80 25.47 sun DAY 24 a25.46 25.44 O22.08 22.07%a22.09 25.48 22.07 O22.09 25.48 22.06%a22.08 19— 22.05%a22.07 20— 22.05%a22.07 a.06% 21— 22.06 22—. 22.05%a22.06 18— I to to to to OsosOsosOsOs ■*)< Os os os os os os CONTINENTAL CENTERS Bankers? sun DAY sun DAY 16— 17— 25.44 , 022.05 22.03%a22.06 a22.07 22.05%a.06% 22.06 a22.07 22.06%a22.08 17—. 22.06 a22.07 13—. 22.05%a22.06 22.06 a.05% 22.04%a22.06 14—. 22.04 d22.07 22.06%a22.08 15— 22.06 10—. . I I Checks 54.85%a.8S 54.86%a.88 54.86%a.87% 54.87%a.89 Checks Cables sun DAY r.-N 3—. 9—. I, I I I Krone Bankers' Bankers' Checks v £ ■Xf ■<*< "<J< f* CO CO M< -Xj< T»< Tt< Tf *He8C0^ll0<0t»000SOx-<08C0'<8<»0<0b»Q003O'-<08C0'xJliO<0C-00 03O. rHrHr-tr-li-HT-<rH^-lrHrH<N<N08<NC8e8O8C8<Ne8eOt / 54.98%a55.00 a.98% 54.98% a.99 a.99 54.98%a.99% a.99 54.98%a.99% a. 54.98%a.99% Krona a a a a o •$$$$$« os"tn" oT I I 2 a.99 May 1 I I Norway Sweden Krone a «0 rjf y£ y£ sflovs -XjJ -*8? tOvpo \j» USvpo -it tJ< rj< -xf< I 08 HOI.I HOLI DAY v HOLI DAY Denmark "A,/'' " tO^oo y$ aaaoaa a it SUN DAY SUN DAY *>\M "i "i ft v>\« *0 VQQ ^ ^ 0)0)0)0)0)0) ■xjJ rt< Tt< Villi a.86 a.95% 16.85 54.93%a.95 54.98 a55.00 16.84%a.85 54.97%a.98 54.96 a.97% 54.96%a.99% 16.84%a.85 16.85 a.85% 54.97 a.99 54.96%a.98 54.98% a.99% 16.86%a.87 54.98 a.99 16.86 a.86% a.99 54.98%a55.00 54.98 ':v:-r sun -rycl'.'.i sun DAY a. 10 Os OS OS OS OS oeoeoe to to to to to Tj< T»< COCO CO COCO CO OS OS OS Os OS OS Tji 54.94 86% 22.86%a.87% 54.98 22.86 a.86% 22.86%a.87% 54.98 22.86%a.87% 54.98 22.86%a.87 22.86 SUN DAY — a « a rT oT SUN DAY SUN DAY a.86% 22.86%a.87% 54.98 10 $$$$$?; OS 0)0)0)0)0) y£ y£ ^ y# y£ a OsOsOsOsOsOs "Xji ^ fi Tj< a a <S> 54.93%a.95 a.94 54.98 a. 86 4.45%a4.46% 4.46326o4.46% 22.84%a.85% 22.85 a.81 22.79%a.81% 54.95a54.97 a4.46% 22.79 4.45%c4.46% 4.46 30— 31 SUN DAY SUN DAY 17... ■.'•v ■; a.97 _ 24— io 16.87%a.88% 5.26 16.87%a,88 54.90%a.92 5.26 16.87% 16.87 54.98% a55.00 16.87%a.87% 5.26 54.98%a55.00 16.87 a.87% 5.26 16.85%a.86 54 95 a.99 16.85%a.85% 5.26 a.84% 16.84%a.85 45.90% a.94% 16.84 a.99 a.89 22.88 10— 4.47^a4.48K 4.47%a4.48% 22.87%a.88% 23— id ijl Tj< ^ SUN DAY a.91 16— Tji COCOCOCOCOCO SUN DAY 54.90 12. os os os Os Tt< OS OS OS 03 05 OS • • SUN DAY SUN DAY 11— us ic a.85% 54.84% a. 86 90% 54.84 a.87 a.89% 54.85 a.87 22.88%a.89% 54.86 22,88 a.89 a. 87 54.86 22.87 a.87% 22.87%a.88 a.88 54.87 a.89 22.87%a.88% 22.88 22.88 a.88% 22.88%a.88% 54.86%a.87% 22.88 a.88% 54.86%a.87% 22.87%a.88 22.88 WNCO\H\ N 0\ ^uT Iji T}< Cables , U9 £ £TTV co os os co ^ -*t< ec OSOSOSOSOSOS c<5 co co m co OS Bankers? Checks SUN DAY r 4.49%a4.50% 4.48%a4.49% 6. 9 a a a a Belga Cables r»J -<jJ nji SOQ co EXCHANGE ON Bankers' ^ ^ Tt< CO CO OS OS OS OS OS OS rt< nji xfi ^ •«»< O ^ ^ y* y* ^ ^ ^ rfi fi a o Belgium Checks W •- Os Os Os os r)i' ^ ^ rt< Tj< Tj! a a e a rjJ it Guilders /■■'-S o CO CO CO 08 C8 OQ <t! OS OS OS OS OS xs «>s«\oo ^ T}< T}< Tt< f* Kj ^n ij< x}< rji , a o cs e 8888885888880 OsososososOs «\oT Holland Cables CO CO CO CO CO <N OS OS OS OS OS ^ OS Tt< x|< xj< Q fi os os — <d\ in"uTin". CO CO C5 CO CO CO OS OS OS OS OS OS "<t< ^ TjJ rj< £ £ £^° NflO Tj< Tt< Tt< Tf< ^ ^t< CO ^ T»< CO CO -«t< OS OS 05 OS os OS r(i rt< ^ ^ ^ ^ ^ ®spO WMft,,, «#y tOymyoo § rb \» Swiss 4.48^04.513^ 4.49%a4.51% 22.87%a.89 4 xji X* -nji CO I Francs 4.47^a4.473^ 4.47%a4.47% 22.89%a.90% 3 Tt< x* Tt< Paris Bankers' OOOOOO fft osososososos osososososos Francs Checks r)t f)i BHBeB88oW080eOeH TP between 6.33 and May ^ *** 6.55. Exchange on the Far Eastern countries was steady in May, moving in close sympathy with sterling. During the month Japan shipped considerable quantities of gold to the United States to strengthen the yen during Japan's import season. Since early in March shipped a total of 150,000,000 yen in gold. The London price for silver on May 1 was 20% d., and on May 31, 20% d. The Hongkong dollar was 2... "sfl <N®<N<N<N<N<N<N02<NCi5M<N<NC0nrj os xji <N<N<N<N<N<N <N<N<N<N<N<N OOOOOO <NN<N<N<N<N oooooo ^ -Tf! «*f« ^ OS^JOSOSOSOSOSOS^OSOSOSOSOSOS^ x* Q xji OOOOOO as**** CO(H(N<N<N<N<N<N^IMW<?OCCeOeO?H quotations for exchange on Buenos Aires ranged during May. The free market range was between 30.35 and 30.70. The official rate on Rio de Janeiro was between 8.72 and 8.83. The unofficial market ■ OS OS OS OS OS OS H <N FH IN <N <N oooooo The official DAILY RATES OF CO CO CO CO C8 08 888888 8888BS -At® <3 fm X?*?;* \£X &> uf" I/) «#" •xjl f)t xjt ^ rt< 888888 -4< rf -xj< •*♦< ^ -xi< £ (between 32.90 and 32.96 in milreis ranged ■*}< ^ -x(< x(l tH ^ J***:?-* * ^ ^^ <N o conversion. internal debt redemption and tOy-v-yoo X pesos and external of xtf ■*»< x* rt< -xlt rj< nS Iff <N<N<N<N<N<N OS OS OS OS Os OS « (Approximately $605,000,000). In 1911 savings deposits stood at 253,000 pesos, equal to 23 pesos (per capita, whereas in May of 1937 it was estimated that the savings of wealth represented 138 pesos per capita. Throughout May there was a steady flow of foreign capital to Argentina. On May 5, at the opening session of the Ar¬ gentine Congress, President Justo, in his address, featured the improved financial situation of the republic as a result 1,800,000,000 at r}<^ ^ rT ot" oT ^ a \» WS |s ■*' Tji U> V> ~ <N OS as » » «> -\» \f.\N\«SS0 <0 \D0 CON W\ yf* C0\ <N<N<N<NMCO Os o> os OS os os South American countries during May followed closely the dollar-sterling fluctuations, so that these units were relatively steady. The exchange position of all the South American countries continued to show im¬ largely ^ 10 £ £ V a-frfs*:* CNJ May 29. ^^ 10 V0 10 cocococococo 0 0 0)0)00 CO CO CO CO CO CO 00)0000) ^^ Tfi yji sr Exchange on the provement, CO CO CO CO CO CO CiOl OJ 05 OD Q CO CO CO CO CO CO G) 05 O) O) O) CO rti CO 54.86, and on May 29 at 54.96@54.98.. Cable transfers on 'Sweden were 25.45% @25.46% on May 1 and 25.44% @25.46 on on Shanghai dollar was 29.83@30% on The actively engaged in gold purchases, selling the The Netherlands Bank. The statement of the Bank was ; ' SUN DAY HOLI DAY 5. 29 5. 32 SUN DAY HOLI DAY ! • i:. '■v ! New York Stock ■ MONTHLY AND YEARLY RECORD RANGE OF Bond Sales PRICES DURING BOND 1937 1936 $179,649,000 1,626,466,000 $200,410,000 1,567,822,000 , May Jan. 1 to May 30 MAY Stock Sales The tables on 18 to 40 furnish pages embrace every security dealt in at a sent on Sales in N. Y. STOCK P May 1 Bid U S GOVERNMENT BONDS Bid 576,000 Treasury 4%s Oct 15 1947-1952 Registered..... Treasury 3%n —Oct 15 1943-1945 16,000 Registered 207,000 Treasury 4s....... Dec 15 1944-1954 May 28 Ask Bid Lowest Highest Sale Prices Sale Prices y Highest Sale Prices Ask Sale Prices Ask 121.13 121.23 114.13 Sale 116.3 114.11 May 105.6 Sale 106.16 Sale 105.6 106.16 105.2 IIB'io Sale" 105.31 no"~ Sale" 111721 Sale" May May May 15 104.16 110 May 1 111.21 May 28 109.12 Sale 3 116.3 May 28 May 28 113.16 Apr. 121.14 Jan. 4 113.12 .... Apr. Apr. Apr. 120.15 Jan. 23 109.26 Jan. 2 104.2 ....... 260", 000 109.18 Mar 15 1946-1956 M S M Treasury 3H«--".".j"une75 Registered ...... D J Treasury 3s........Sept 15 1951-1955 681",656 S 108.4 May 1 110.1 May 28 107.12 106726 10773 105719 May 1 106.28 May 27 104.28 109.3 Feb. 102.9 102.27 Sale 109.6 1022 May 13 102.29 May25 101 Apr. 106.28 Jan. 9 100.28 Apr. Apr. 106.23 Jan. 11 107.30 Jan. 4 106.18 Sale ...June 15 1946-1948 J D 107727 108.6 Registered.... 302", 000 Treasury 3H June 15 1940-43 J D 107.28 Sale 1,000 Registered....... J D 316,000 Treasury 3%s Mar 15 1941-1943 M 8 110.1 Sale Sale Sale 10373" Sale" 104714 Sale" 107.20 10371' Registered.. Treasury 3%s......... Aug 1 1941 :• Registered..................... 105.11 Mar. 105.26 May 28 104.20 Apr. 107.27 Jon. 105.11 May 3 105.10 Apr. lOeTl 108.25 109.2 103.18 Sale 107.18 Jan. 5 May 106.25 May May May May May 11 104.24 Apr. 108.24 Jan. 5 8 104.20 108 Feb. 1 28 19 28 108.24 Jan. 4 102.24 Apr. Apr. Apr. 108.21 Jan. 2 102.24 Apr. 108.18 Jan. 8 May 11 104.24 Apr. 2 108.24 Jan. 4 Apr. 27 105.20 May May May May May 28 104 Apr. 109.25 Jan. 2 10 104.10 Apr. Apr. Apr. 109.1 Jan. 11 104.30 Feb. 26 166721 Sale" 106.2 105.28 May 106.13 105 103.18 May 105 104.5 106.12 Sale D 163713 Sale" 104718 Sale" 103.13 A 108.22 Sale 106.1 106.8 106.16 Sale 106.4 v May F A 109.25 Sale 105.5 Sale 106.11 Sale 105.3 May 3 106.14 May 19 105.26 104.22 Sale 104.16 Sale 100.12 Sale 106.15 Sale I6I7l4 Sale" 105.24 .......... 1.442,000 Treasury 2%« Sept 15 1948-1951 M S Registered............... 1,895,666 Treasury 2% s 1951-1954 J D Registered 1,666,555 Treasury 2%* Sept 15 1956-1959 M S Registered............— 2,037",000 Treasury 2 % s 1949-1953 J D 280,000 Federal Farm Mortgage Corp— 3%s Mar 15 1944-1964 M S Registered.... 661",600 3s May 15 1944-1949 MN Registered....... 106725 Sale" 10229 Sale" 101.11 Sale "104711 104.20 100.9 100.20 100.2 Sale 101.14 101.11 100724 Sale" 100.2 3 106.20 May 13 100.28 May 24 100.24 May 1 103 May 1 102.21 May 1 100.25 10 102.10 102.20 104.2 170" 000 3s. Registered 2%s Jan 15 1942-1947 J J Home Owner* Mtge 3s Series A 735,000 1,801",060 Corp— May 11944-1952 MN Registered............ 2%s Series B Aug 1 1939-1949 F A Registered... 344,660 234* series G 9971*6 Sale" 99731 Sale" 99.10 May 13 100 1942-1944 Apr. 27 10 99.2 100.18 Apr. 106,16 Jan. 2 101.2 Apr. 105.24 Jan. 12 104.16 Jan. 11 May 28 99.2 98.4 Apr. 104.22 Apr. May 28 Sale ~997l5 Sale" 99725 Sale" 9978" May" 13 99727 May" 10 101.15 Sale ~977l4 Sale" 99731 Sale" 97.11 99.31 105.30 Sale 102.4 105717 Sale" l6l7l8 Sale" 105721 Sale" 101730 102710 "102731 Sale" 103.1 102.7 1032 Sale 102710 Sale" 102.12 May 13 5 103.2 May I6I7l8 May" "I 1027U 101730 Mar. 1 105720 105.23 166724 io6729 161720 Sale" Sale 103.2 Sale 99.18 Sale 100.10 Sale 99.18 103.4 997l4 Sale" "99724 101.1 Sale 102 Sale 101.1 j""j 10372 2 2 101.22 Feb. 8 May 28 101.7 Apr. 8 106.10 Jan. 22 May24 io67ll Ap~r".""2 I657l7 Jan7"~2 161720 May~28 Apr. 101.8 Apr. Feb. 99.6 Apr. 28 105.10 Jan. 8 105.23 Jan. 2 Feb. 16 Jan. 4 16 105.1 8 104.10 May 1 102 May 28 May 1 100.10 May 28 98.28 9979" May" 15 156"*" May"25 98.16 Apr. 2 102.31 99.24 104.10 99.28 103718" Feb".~26 Apr. 105.1 3 I037l7 Feb~.~25 Apr. 101 100728 May" 105 98 2 1.6 May 28 _3 102731 May~28 May ... .... 4 ~ 103711 103.16 ... Mar 1 1942-1947 MS 99 Mar. 17 28 May 27 ... 108,060 10 May May F ... Feb. 105.20 105.12 May 19 104.5 May 1 104.18 574,000 Treasury 3%s—.Apt 15 1944-1946 6,000 Registered.. 1,985,000 Treasury 2%s— ..Mar 15 1955-1960 M 8 2,000 Registered 773,000 Treasury 2%s Sept 15 1945-1947 M S X 6,000 Registered. 2 May 28 ... 250",000 5 14 Jan, 3 104.14 108.21 Sale 108.12 108.18 ..... Dec 15 1949-1952 J Jan. Jan. 110.18 104.2 105.14 105.31 105.26 Sale 108723 Sale" Registered..... M 8 661,000 Treasury 3%s June 15 1946-1949 J D 1,000 Registered.....—..... J I) 114.9 113.21 May ... .......... 5,000 2 26 108.4 Registered... ..... 3 Jan. Jan. 105722 Sale" Sale Treasury 3s M Mar. 115.20 114.8 114.10 114.20 D ... 108 Apr. Apr. Apr. Apr. Apr. 116717 S 1943-1947 J 784,666 431,000 Treasury 3%s which repre RANGE SINCE JAN. 1 Lowest 109.25 Sale - Registered 1,460,000 Treasury 3 %S_— on Quotations after decimal point PRICES IN MAY Price Jan. 2 1937 EXCHANGE % 400,600 income bonds and bonds are point. a BONDS May Value the month when the bonds mature. case Exchange in 1909, all quotations for interest-paying bonds must be added. The exceptions to the rule This method of quoting bonds became effective Jan. 2, 1909. 32ds of , 20,613,670 239,326,893 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. price to which accrued interest one or more 1930 18,649,189 212,421,734 a The black-faced letters in the column headed "Interest Period" indicate in each In accordance with the rule adopted by the New York Stock are 15 Apr. 1 105.3 Jan. 5 104.22 Jan. 13 1 103.2 Jan. 2 Jan. J,-,-'. 4 Mar. Apr. y : 4 I FOREIGN GOVT. & MUNICIPALS Agricultural Mtge Bank (Colombia)— ♦S f 6s Feb 1935 coupon on.. 4,000 1947 F A ♦S f 6s Apr 15 1935 coupon on..1948 3,000 A O 54,000 Akershus (Dept) extl 5s 1963 M N 33,000 «Antioauia (Dept of) Col 7s A 1945 J J 24,000 +External ■ f 7s ser B 1945 11,000 49,000 'External • f 7s ser G..........1945 'External • f 7s D—..... sea 1945 ♦7s 1st series.................1957 41,000 ♦7s 2d series..................1957 19,000 ♦7s 3d series 30,000 ...1957 46,000 Antwerp (City) extl loan 5s 1958 65,000 1 Argentine Govt public works 6s 1960 A O Argentine Nation (Govt of)— 147,000 5Sinking fund 6s of June 1925.1959 J D 146,000 If Extl s 1 g 6s of Oct 1925 1959 A ■ 4'^ 159,000 65,000 190,000 155,000 95,000 142,000 67,000 483,000 O Y Sinking fund gold 6s ser A...1957 M S YExternal 1st s f 6s ser B .....1958 J D If Extl s f 6s of May 1926 f External s f 6s (Stats Ry) 1960 M N 1960 IT Extl s 1 6s (Sanitary Works)..1961 YPnblic Works ext s f g 6s.May 1961 5 Public Works ext s f 5 1962 see page 30. 20% 21 22 219^ 8* It* Sale Sale Sale 20 19 16 Sale Sale 15% Sale 15 16 98% 99 102 % Sale 101% Sale 102 Sale 101% Sale 101 % Sale 102 % Sale M S 101% Sale F A 102] Sale MN 102! Sale F A 102 % Sale Sinking fund external 4%S—1971 MN For footnotes i since Jan. 1. range Interest is in default. • the only transactions of the month, and who® No account Is taken of such sales in computing are they occur. the range for the year. May, 1937. and the 1937 May 30. NOTICE—Cash and deferred delivery sales are disregarded la the month's range, unless they selling outside of the regular monthly range are shown In a footnote In the month in which '' 1937 Shares. Jan. 1 to ' — AV^. i ' May ' 'v. 21% 21% 97 23% 26% Sale 14:% Sale 14% Sale Sale 14% Sale 13% 13% 13*1 13% 13% 13% 100% 100% 101"3z Sale 14^1 100732 Sale 101«32 Sale 101% Sale 100% Sale 102 Sale 101"32 Sale 100% Sale 101 % Sale 100% Sale 97% Sale 26 23% May May 97 May 12% May 13 May 14% 13 May Sale 12% May Sale May Sale May 13 May 100% May 101,s32 sale 101>532May 26 24 98% 14% 14% 99% 1012532 Sale 01% Sale 99% 100% 101z932 Sale 101% Sale 100% Sale 1012932 Sale 100% Sale 99% Sale 993,32May 101,532May 101% May 993,32May 1012932May 101% May 100% May 101% May 100% May 97% May 6 24% May 12 22 24 May 22 1 98% May 8 25 15 May 21 1454 May 20 14% May 20 14% May 28 13% May 24 13% May 19 13% May 11 101% May 27 1012332May 100932 May 101«„May 101% May 100% May 102 May 23 % May 22% Apr. 97 May 12% May 13 May 13 May 12% May 11% May 12% May 12% May 98% Jan. 101% Feb. 993%May 101 Feb. 101% May 993,32May 101"32May 100% May 100% Feb. 101 % May 100% May 102 101 May 100% May 99% May 28 Feb. 100% May 96% Apr. Feb. 15 Feb. 15 Mar. 4 Jan. 10 Jan. 5 Jan. 5 Jan. 5 Jan. 5 Jan. 5 Jan. 5 May 102 103 4 Feb. 9 Jan. Jan. 2 22 4 Jan. 9 Jan. 28 Feb. 4 Jan. 19 "J-£<V' 102% Feb. 102 103 102 102 102 103 100 Jan. 22 Jan. 12 Mar. 2 '■ •£• •- V- vVTVV -• rm. :: ? J, Sales in BONDS May Government (CcmMniMi) Australia 5s of 1925 July 15 1955 External loan 5a of 1927.——1957 External ft of 1928——1954 Auatrlan Govt a f 7s... —.1957 ♦Bavaria (FreeState) extUtta—1945 Belgium 25 year external 4Ha—1949 Foreign * 1937 1 Bid 106 23 108H Sale Sale 115** Sale 97** 100 1954 22 195* 22 105*1 ' 4 41 41,000 24,000 • ... • t . « , " r ' ... v Sale 41H Sale 102*| 103 ** 104 5* 1055* 26 H 100 H —--— 100 97 ..——1961 Readjustment 4H-4H*—... 1977 Refunding a f 454-4 **»— 1976 Extl readjust 4H®-4H«———*976 Extl a f 4**-454 8 bonds 1975 101 8 85 H F A M S 82** 78 F A 78 H Sale A O 80 Sale MN 86 H 87 Sale 81H 83 J J 59 65 Bulgaria (Kingdom of)— J ♦S f 7a July coupon off—.1967 J 24 H 3% external s f 8 bonds....... 1984 off——1968 ♦S f 7Ha May coupon MN ♦78 32,000 71,000 Stamped Cordoba (Prov) Argen Costa Rica .......—1957 7s.. ...1942 f J J 25** Sale Sale Sale Sale 101 —- 195* May 19** May May 35** May 355* May 375* May 100 May 995* May 102 J* May 46 295* 1065* Sale : 99 99** Sale 57 61** Sale 335* Sale 335* 35 39 44 21** 22 22 Sale 215* Sale 215* Sale 215* Sale l 215* Sale 215* Sale 18** 20 18** 185* 185* Sale 185* Sale 18 Sale 675* 68** 24 Sale 98** Sale 61** 49** 33 Sale Sale Sale Sale 21** Sale Sale 56** 44** 30** 31** 42** 21** 21** 21** 21** 21** 19 21** 21** Sale Sale Sale Sale 185* 19 19 19 18 67 64 19** — 3 3 7 75 Sale Sale 96 Sale 100g 101H — Sale 105** 1065* 105** Sale 105** Sale 1005* Sale 100** Sale 102** 995* 104** 102** 102 102 98 100 98 102** 65** 103** 925* 1045* 101** k 97 34** 1025* 102** 103 33 H Sale 31 Sale Sale 104 102 63 61 104 105** 106** 106** 104 Sale 1055* 105** Sale 101** Sale 98** Sale Sale 47*1 28 32 32 24 4 74** Sale" IV* 70 IV* 80 81 80 H 80 78 77 77 "23";; "23** 1065* Sale 23 123 ** 122** 19 113 113 1245* 127** 123** 78 Ill" *79"" 25J* 22** 195* 655* "98"" "99" —— Feb. 15 Jan. 5 995* Feb. 24 975* Apr. 26 82** Apr. 21 83** Apr. 2 100 100 755* Mar. 23 77 66 61** 100** 99 Sale 107** 19** 20** 22** 115** 1165* 116 111 115** 120** 1195* 118** 118** 120 98 107 821,000 73,000 383,000 83,000 1965 1965 ♦German Republic 7s stamped..1949 AO ♦7a unstamped ..........1949 ♦35-year 5H« stamped ♦5Hs unstamped German Prov 8c 67,000 1,000 58,000 22,000 4,000 2,000 34,000 1,000 2,000 6,000 7,000 20,000 6,000 167,000 14,000 87,000 350,000 321,000 D ♦(Cons 21** Sale Sale Sale 20 29 24** 255* j O Agric Loan) 6Hs aer A.1958 ....1964 MN 1968 F ♦S f secured 6a A A........1952 A O •Hamburg (State) 6s.... .1946 A O J ♦Heidelberg (City) extl a f 7Ha.. 1950 J Helslngfcra (City) ext 6H« I960 A 0 Hungarian Cons Municipal Loan— Haiti (Rep of) 6s series ♦7Hs unmatured coupons on..1945 J J 1946 J 31 26** 33** 265* 275* 100 99 18** 25 15** 18** 105** 106 J ♦7s unmatured coupons on ♦Hungarian Land M.ge 7Ha A..1961 M N ♦S f 7Ha aeries B 1961 M N 21** 21 ♦Hungary (Kingof) 7H sFeb.op .onl 944 F A A § 48 1960 f 113 Irish Free State external 5a (Kingdom) external a f 7a. 195! J D Italian Cred Consortium 7a ser B 1947 M S Italian Public Utility a f g 7a 1952 J J Japanese Gov extl a f 6H« 1954 F A Extl sinking fund 5H> ...1965 MN Jugoslavia (State Mtge Bank)— ♦7s Unmatured coupons on 1957 A O 34.000 1,000 ♦Leipzig (City) external a f g 7s. 1947 F A 26 "22"" 505* 120 ,85** Sale 745* 675* 98 83 795* 71H Sale Sale 26 Sale 38 "28"" 295* 99** 19 18 21** Jan. 7Hs Unmatured 30** Sale 23 Sale 315* Sale 23H 265* 28** Sale 345* 29** 295* 99** Sale 26 50 4 4 4 6 4 5 4 5 4 4 4 6 6 4 37** Mar. 10 38 Mar. 8 48** Mar. 31 25** Mar. 4 25 Mar. 10 25 Mar. 3 24** Mar. 9 2454 Mar. 9 2454 Mar. 9 24** Mar. 11 215* Mar. 11 215* Mar. 8 21** Mar. 16 22 Mar. 9 2154 Mar. 9 685* May 25 26** Mar. 3 30** 185* 185* 185* 185* 18** 185* 18** 155* 155* 155* 155* 1 1 1 28 25 28 40 Sale 225* 96** 102 13** 13** 5** 55* 7 8 7** Sale 55* 65* 98H 102 92 h 104 h D 155* Sale 20,000 ♦Mexican Irrlg Assenting a 1,000 ♦Mexico(U S)external 5s of 1899£ 1945 QJ ♦Assenting 5a of 1899. 1945 16,000 ♦Assenting 5a large............... ♦ 70,000 ♦Assenting 4a of 1910 large....... Assenting 4a of 1904... ...1954 9** 105* Q~J ♦Assenting 5a small.......... Q J ♦4s of 1904 ...1954 J D 38", 066 ""95* "105* 7 6** Sale 8** 75* Sale 29** 6 12 55* Sale v 6*1 6 6 T; Sale Jan. 9 53** Jan. 28 28 28 28 1 Jan. Feb. Feb, Feb. Feb. Feb. Feb. Feb. Feb. Feb. Feb. Feb. 15 1 28 28 14 18** Mar. 29 8 8 8 28** May 28*| May 20** Apr. 20 Apr. 20 Apr. 96** Apr. 93 May 77 Apr. 705* Apr. 95 May see nacre 30. Feb. 15 Feb. 15 Feb. 11 Feb. 11 Feb. 11 Feb. 15 Feb. 17 Apr. 16 Apr. 16 Jan. 28 27 Jan. 2 36*4 Mar. 12 17 15 102** Apr. 12 105** Jan. 12 101 Jan. 29 1025* Apr. 22 13 17 Jan. 98 May 17 23 100 May 27 1045* Mar. 13 Apr. 20 56** Mar. 13 68 4 4 21 103** May 17 105** Jan. 2 1035* Apr. 6 105** Jan. 25 13 102** 9 10554 May 10 7 5 10254 May 2 1 100H Jan. 10 1045* Apr. 7 100** Jan. 975* May 4 Jan. 12 45 74** Jan. 2 78** May 11 795* May 13 81H May 4 78 May 17 78** May 19 20 May 15 72 73 Jan. Jan. 2 4 78** 78 78 195* May Apr. Apr. May 12 17 17 11 26** May 1 215* May 6 29 May 13 23** May 11 31** May 25 May 34 May 27** May 26 36 29 May 1 May 10 May 22 29 36 30 99 H 24 21 21 22 50** Feb. 82** Mar. 6 8 Feb. 18 Feb. 18 82 82 815* Mar. 11 81** Apr. 1 81 Mar. 4 26 Feb. 27 6** Jan. 5 Jan. 6 Apr. 8 May 11 Jan. 8 4 8 100 Mar. 23 25 May 14 17 19 ' May 12 May 5 105 H May 4 105 May 7 22 May 18 May 7 May 28 ~"5**~May"22 55* May 1£ 8 > 19** Mar. 11 Mar. 10 5 107 21** Jan. 30 21** Jan. 13 215* Jan. 5 215* Jan. 5 47** Feb. 1 30*4 Mar. 30*4 Mar. 30*4 Mar. 275* Mar. 22 22 22 23 56 May 27 Jan. 25 Mar. 18 115 Mar. 30 93** Feb. 4 Feb. 15 80** Jan. 5 94 May 27 May 25 111 May 20 80 May 3 82** Feb. 23 99** Jan. 21 86 54 May 27 May 6 May 14 May 27 71** Jan. 295* Jan. 4 195* Apr. 10 25 Mar. 19 98 115* May 21 17 5 4 7 8 Feb. 25 93 14" "May 5 55* May 4 6** May 21 '7** May 6 6** May 7 6 J* May 12 Jan. 79** Jan. 95 ~ 5** May 4 6** May 21 7** May 1 15** Jan. May 35 1 Mar. 4 Feb. 16 Feb. 19 Feb. 11 Mar. 2 405* May 24 20** May 3 395* May 20 20** May 3 "II5*"May 21 32 41 275* Jan. 33 May 24 May 24 .3 8 28** Mar, 21 96** Jan. May May 31** May 24 25 May 21 34 May 21 23** Jan. May 12 May 10 May 13 7 5** 20** 185* 27** 23** 55* Mar. 6** May 7*1 Apr. 75* Apr. 7** Mar. 7 Jan. 5** May 55* May 1.. For footnotes, Apr. 12 28 38 28 38 8 31 7 3054 6 30*4 12 101 3 99** 12 90 13 80 5 99 May 21 May 9 23** May 7 23 H 25 24** 26** 23** May 18 24 24** 26** 24 24** 26** 24 May 11 25 25 24** 275* 22** 24 May 11 245* 24)* 26** 245* Sale 49** May 1 56 55 59 49** Sale 1145* May 3 115 1145* 1125* 85** May 12 875* 855* 86** 865* Sale 89 85 May 13 85 85** 85** 90 May 18 775* 73** 74** 72 755* 76 945* May 1 985* 94 5* Sale 98** Sale 81** May 1 8654 80** 87** 86** Sale 20** D 2 4 6 615* May 27 66** May 6 615* May 27 665* May 98 Jan. 5 100*4 Mar. 23 May 20 98 May 20 99 8 May 1 107** May 27 1055* Mar. 25 107** Apr. 109 17** Mar. 18 245* Mar. 3 May 27 19 May 7 24 245* May 11 124*4 Jan. 22 May 8 115 115 May 11 116 Sale 115** Apr. 14 1195* Jan. 11 1145* Jan. 25 l20**"May"28 121H May" 10 1195* Apr. 27 130 Sale 124 Mar. 4 118** May 28 118** May 10 117** Apr. 23 Sale 37 H 1954 J f 4 Ha 1943 Apr. Jan. 265* Jan. 26** Jan. May 7 May 8 May 26 May 6 86 May 4 77 May 3 975* May 20 80 Jan. 4 Jan. ; 6 Jan. 23 Jan. 2 107 30** on..1950 J coupons ♦MedelUn (Colombia) 6 Ha 28 35 235* 24** 99** 94** 50 May 21 May 22 26 11 20 20 15 Lower Austria (Province of)— 2l",606 12 Jan. 64** 985* 985* 185* 22** 18** 18 18** "19** 17** 105 Sale 105** 105H 105 40 4 28 Sale 24 27H Feb. 24 May May May Bks—* Communal ♦Greek Govt secured 7a.. Italy 26** Sale 21** 23** 29 29** 235* 245* Mar. 22 22 6 64** Jan. 86 78** Mar. 23 German Gov't International— j Apr. 30 56 5 3 825* Jan. 26 835* Jan. 21 83** Feb. 1 75** Mar. 23 104** Mar. 17 110** 111 Feb. 22 114** 97 Mar. 17 101** 965* Mar. 17 103** 14 50** Jan. 5 57 1 345* May 15 103** May 6 102** May May 26 100 27 104** May 27 66 5* May 17 1045* May May 4 105 1 1055* May 17 102** May 975* May 1 98** May 50 May 21 77** May 28 76** May 19 77** May 28 78*| May 12 78 May 17 78** May 19 195* May 11 5 33** May 28 102 Jan. 28 102 Jan. 19 102** Jan. 18 103 Feb. 1 8854 Jan. 28 89*4 Jan. 28 17 22 20 27 31 May 102** May 1015*, May 99** May 102** May 61** May 103** May 1035* May 1045* May 101 May 50** 77** Sale 76 77** 77** Sale 45** 78 J* Sale 77** 80 77 795* 47 4 265* Jan. . 44 Jan. 5 Feb. 16 Jan. 5 35** Apr. 29 475* Jan. 99** Mar. 19 103*1 Jan. Jan. 99** Mar. 18 103 101 Feb. 24 105*4 Jan. May 21 May 22 26 28 59*1 Apr. 29 Apr. 29 35 May 25 May 27 89 3 80** May 26 74 May 24 95 May 5 90 795* 35 3 24** Mar. 785* May 8 79 May 25 79 May 25 82 May 18 58** May 4 28** May 28 21** May 18 22 May 24 23 May 6 975* May 93 May 18** Mar. 22 H Apr. 29 101** May 18 88 Feb. 27 25 Mar. 17 18 44 33 H May 28 102 May 28 101 May 21 102 May 12 May 28 H May 28** Sale 28** Sale 22** 24** 22** Sale 22** 23** 985* Sale 94 Sale 29** Sale a29** Sale Sale 22** 24'J* 24 22** 245* 27** 22** 24** Sale Sale" 98 935* Sale 98 965* 76 Sale 965* "97** Sale 59 13 14 14 28 24 8 7 21 21 10 11 11 3 1075* May May 3 112** May May 1 99** May May 1 995* May May 57 May 14 57 May 47 May 12 48 May 325* May 4 35 May 31 May 3 34 May 42 May 4 43 20** May 19 215* May May 20** May 4 22 20** May 4 215* May 20** May 3 215*, May 20 ** May 4 215* May 20** May 4 215* May 20** May 4 215* May 19 May 18** May 11 19 May 18 May 26 May 175* May 26 19 19 May 18** May 11 May 165* May 12 18 66** May 6 68** May May 19** May 8 24 1065* 1115* 98** 985* 48 Sale Sale Sale Sale Sale Sale "2l** Sale Sale 112 21 30 1075* Sale Sale 98** Sale 112 Sale 103 May 205* May 50 May 385* May 39 May 41 May 101 May 101 May 103 May 7 245* May 4 25 May 19 26** 245* 275* Sale 255* Sale Sale Sale Sale 27 24 4 13 ----- 265* 30 H Sale Sale "97** Sale (Republic)— MN ♦78 Nov 11936 coupon on—1951 168,000 m e 1944 9,000 Cuba (Rep of) 5a of 1904 5s ext debt Ser A of 1914 1949 F A 92,000 4 H* external loan.........—1949 F A 7,000 30-year a f 5 Ha — 1953 J J 11,000 ♦Public Works 5Hs__.June 30 1945 J D 1,058,000 A O 23,000 Czechoslovak (Rep of) extl 8a...1951 Sink fd 8a ser B 1952 A O 9,000 j J 162,000 Denmark 20-yr external gold 6s .1942 External g 5Ha..—.— 1955 109,000 External g 4Ha 1962 267,000 Deutsche Bank Am part ctfa 4a 1932 M S ♦♦Stamped extd to Sept 11935.. 2,000 M S 31.000 Dominican Republics f5Hs..—1942 1st ser 5Hs of 1926 1940 A G 8,000 2d series alnklnft fund f Ha ..1940 A O 4,000 Customs Adm 5Hs 2a ser ...1961 M S 23,000 5Hs 1st series..........; 1969 M S 5,000 5H« 2d series 1969 M S 3,000 ..1945 MN 2,000 ♦Dresden (City) extl s f 7s El Salvador (Rep) 1st a f 8a A...1948 ♦Ctfsof deposit (new)..—... 6,000 .....1967 j"j 8,000 Estonia (Republic) 7a.. M S 13,000 Finland (Rep of) external 6a....1945 1953 M N 21,000 ♦Frankfort (City of) a f 6Ha J D 24,000 French Republic 7**» stamped..1941 7Hs unstamped............1941 External a f 7a stamped.......1949 5" D 15" 006 7a unstamped ...1949 17,000 Sale Prices ..... 325* A Sale Prices - 25 Sale Sale Sale Sale 61** 38 Sale Prices 107** 107** 101 Vs 102** 285* May 7 29** 32** 335* 100** May 1 Sale 100** Sale 102 100 101** 100** May 24 1015* 100 101** 100** May 24 101** 98 May 4 94 100 100 84 May 4 82 84 875* 845* May 5 87 845* 85 76 May 13 775* Sale 765* Sale 76 May 14 77 Sale 78** 79 77** May 4 77** 79** 78 ** 80 795* May 14 805a Sale 80** Sale 565* May 28 565* Sale 57 Sale 25 A O 109 H 1960 188,000 Canada (Don) Gold 4a..— mn 114** 30-year gold 5s...... -.1952 105,000 F A 101** 10-year 2Ha...........Aug 15 1945 122,000 J J 103*1 25-year 3H> 1961 250,000 49** 1954 J J 1,000 ♦Carlsbad (City) a f 8a._i M S 32 21,000 ♦Cent Agric Bank (Ger) 7a—1950 J J 26 ♦Farm Loan a f 6s ............I960 44,000 A O 26** ♦Farm loan a f 6s —..........1960 101,000 27 ♦Farm loan 6a aerlea A—.....1938 40,000 MN 22** 1942 71,000 ♦Chile Republic exta f g 7a A 0 ♦External sinking fund g 6a —1960 20** 247,000 F A 20 ♦External a f gold 6a.....Feb 1961 180,000 j J 20 ♦Ry ref extl a f g 6s Jan 1961 137,000 M S 20 ♦Extl a f 6s int ctfa ...Sept 1961 70,000 20 ♦Extl sinking fund 6a .....1962 M 8 89,000 MN 20 ♦External sinking fund 6a.-...1963 117,000 j D 17** ♦Chile Mtge Bank of gu a f *H> .1957 51,000 ♦Guar a f gold 6 54* —1961 j D 175* 44,000 ♦Guaranteed a f gold 6a .1961 A O 17** 119,000 m N ♦Guaranteed sinking fund 6a..1962 17** 45,000 M S 16** 99,000 ♦Chilean Munlc Loan 7a —.....1960 ♦Chinese Hukuang Ry 5a 1951 j D 17.000 1950 m 8 "18** 8,000 ♦Cologne (Germany) a f 4H> Colombia (Republic of)— A O 32 J* ♦6s April 1 1935 coupon onOct 1961 232,000 J J ♦68 Jan 1 1935 coupon on.Jan 1961 32** 189,000 20 H ♦Colombia Mtge Bank 6H*„. 1947 A O 9,000 MN 20 H ♦Sinking fund 7a of 1926...—1946 24,000 F A ♦Sinking fund 7s of 1927......1947 7,000 J D 99 H .....1952 170,000 Copenhagen external 5a Gold 4Ha 975* 1953 M N 92,000 f A 1957 7,000 ♦Cordoba (City) 7s— Highest 28 Sale 24 Sale 195* 20** 24 20 20 H 205* 47** 465* Sale 38 37** Sale 38 37** Sale 39** 375* 40 995* 100** 1005* 101 995* 100 1015* 1035* 1025* 27 H Sale 102** 101** 100 M ♦Stamped ♦6 stamped 51,000 14,000 374,000 219,000 31,000 57,000 61,000 , Sale 102 H 103 ,■ Lowest 8 Sale 1055* May 3 1075* May 13 1045* Mar. 16 110J* Jan. Jan. 11 May 3 107** May 28 1045* Mar. 17 110 105 108 Sale 106 May 3 May 7 102 99** Mar. 19 1025* Jan. 16 Sale 101 1015* Sale 98 Mar. 19 1025* May 24 Sale 100** May 3 102** May 24 995* 102 18** Mar. 29 25** Mar. 1 195* 1954,--- 195* May 14 19 H May 14 109 Mar. 11 110*4 Mar. 24 May 13 1095* May 5 108 109 Sale 108** 1095* May 10 108** May 27 105** Jan. 2 109** Mar. 17 Sale 108 108 1095* 108 4 1155* Jan. 2 11854 Apr. 23 1175* 1175* 116H May 24 1175* May 117** Sale 99 Jan. 6 102** Feb. 11 99 May 19 May 5 100 99 " 100 99 99 H 51** Sale 41 Highest Sale Prices Ask Ask Bid Ask 10954 110** 1095* 110 101*1 Sale 99 H 100 1 Lowest May 28 May 1 Bid j j im.ooo m S 97,000 MN 194,000 J j 22,000 F A 1,000 m s : 12,000 j J 38,000 External a f 7a.. 1955 j D 34,000 M 8 -—I960 A 0 13,000 Bergen (Norway) extl 5a J'59 j D 22,000 ♦Berlin (Germany) a f 4H« ♦External alnklnft fund 4a.....l958 71,000 j D 1941 188,000 ♦Braail (U S of) external 8a ♦Ext a f ft 4tta of 1924 1957 A O 342,000 ♦Extl a f 4H» of 1927 1957 A O 335,000 j D ♦Cent Ry 30-year ft 7a........1952 105,000 m e 1957 32,000 Brisbane (City) a f 5« F A Sinklnft fund gold 5s .........1958 31,000 j D 20-year a f 6s.................1950 ; i9,ooo Budapest (City of)— ♦6a June 1 1935 coupon on 1962 J D 157,000 J J 1955 50,000 Buenos Aires (City) 6Ha B 2 A O External a f ft 6a aerie*. C-2 Apr 1940 .2,ooo A O External a f 6a aeries C-3..0ct 1940 17,000 M S 11,000 ♦Buenos A!re«(Prov)ref.ext'la f6a 1941 RANGE SINCE JAN. PRICES IN MAY Price Jan. 2 Inter st Period exchange n. y. dtoc Value , STOCK EXCHANGE-BONDS N. Y 20 4 27 27 4054 Feb. Apr. Jan. 85* Jan. 15 21 21 115* Jan. 12 11*1 24 2 22 19 19 Feb. 27 6 Jan. 6 11 Jan. 6 9 Jan. 21 95* Jan. 8 9** Jan. 7 N. Y. STOCK EXCHAKGE—BONDS June, 1937] Sales in May Value J J 12 % AO ♦6%s September coupon off 1958 M S ♦6%s September coupon off...1959 M S 70 % J 27 72 60 % New South Wales axt g 5a...1957 F f a A A o External a f d 5a Norway 20-year ext 1958 • f 6a. Aug 15 1943 F A 20-year external a f 4a. Aug 15 1944 F A Extl sinking fund 4% 8 -.1956 M S a o 1963 p External sink fund 4% a 7% 71% ...1970 J ext a f 5a "64 % 105% 104 104 d ♦Nuremberg (City) external 6a.. 1952 F A 1953 M S 1958 MN 66,000 Oalo (City) 4%a extl sink fund..l955 a o Oriental Development 6a 56,000 External deb 5 Ha 21,000 Panama (Rep) external 5%t 1953 J d ♦Extl a f 5a seir A 9,000 May 15 1963 MN 129,000 ♦Stamped (assented)....... Sale 107: 106: 102. 103 % 101x4 Sale 109 99 % 105% 106 Ask 9% 9% "72" 27 7% 72" "73~~ Sale 27 h 67 X 60% 65% 102% 103 102 % Sale 105% 105 106% Sale 102 % Sale 100% Sale 26% 26% Sale 65 60% 102% 103 106 106% 104 101% 98% Sale 102 H 102% 103 "26" 22% Sale 19 Sale 79% Sale 75 99 X 105% 76 ; Sale ----- 69 85 70 77 73% 74% 65 X 67 ?2% 77 Sale 101 105% 76 Sale 67% . Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 5% May 25 8% May 7 7% May 25 72 May 1 25 May May May May May May May May May May 96 May May 20 May 79% May 75% May 99 May 24% 65% 62% 60% 103% 102% Sale 102% Sale 104% Sale 106% 104% 102% Sale 100% 68 Sale 96 102% Sale 18% 24% 76 % 78 72 h 75 99 25% 25h 66 a 1965 f extl loan 27 65 % 1959 MN Municipal Bank 12% Sale Sale 24 % d 1952 ♦6a series A s 11% May 28 Ask Bid Bid of, Brazil)— ♦Montevideo (City) 7s 48 Ask Bid 122,000 ♦Assenting 4a of 1910 small ♦♦Treat 4a of '13 aasant (lard*) 1933 4,000 1,000 ♦♦Small 105,000 Milan City (Italy) ext loan 6%t—1952 May 1 1937 K.O, FOREIGN GOV'T (ConoluAed) Mexico (Continued) 32,000 65,000 27,000 12,000 87,000 81,000 48,000 52,000 129,000 164,000 362,000 12,000 18,000 55,000 RANGE SINCE JAN. 1 Jan. 2 stock exchange Minas Geraes (State PRICES IN MAY Price BONDS n. y. 21 Sale 14 14 17 5 6 8 14 1 6% May 11 8% May 7 7% May 25 74% May 24 27% May 27% May May May May May May May May 102% May 98% May 102% May 22% May 82% May _ 6 13 20 18 20 1 77 3 4 100 10 27 10 26 18 28 28 m ay 28 May 10 105% May 14 106 75% May 20 77 66 May 18 69 May 27 May 7 May 7 1 1 1 5% May 25 8% adel 30 7 25 May May May Mar. Mar. Mar. Mar. Apr. Apr. Apr. Apr. Mar. 8 82 3 Feb. 25 13 68% Apr. 626,000 ...1947 M S f g 7a.. ......1959 M S ♦National loan ext f 6a a Jan. 105 107% Jan. Jan. 109 105 May 102% May May 103% Apr. 24% Mar. May 82% 77 May 100% Feb. 64 22% 19% 17% 17% Apr. May May May 47 60 Mar. 11 Mar. 27 10 26 30 2 28 28 19 Apr. 23 Jan. 22 Jan. 22 1 ♦7s September coupon off a 1 15 27 20 2 5 Apr. 27 107 Apr. 27 85 Apr. 6 76 74* 20 105% Jan, 75% Jan. 71% Jan. 97% Apr, 105 6 Jan. 64 Pernambuco (State of)— 47,000 48,000 ♦Peru (Rep) Sec Jan. 33 Mar. 17 7 Jan. Feb. 34 SB W.U 24% 65% 60% 101% 101% 104% 105% 101 % 99% 95% 102% Jan. 9 ,13% Jan. ..I960 J D ♦National loan ext a f 6a......1961 225,000 56,000 ♦Poland (Rep of) d 4a 1940 ♦Stabilis loan 7a of '27. Oct 15 1947 127,000 ♦External a f 8a 34,000 .........1950 25 % 23 20 % Sale Sale Sale 20% Sale Sale 60 76% Sale 69% Sale 25 21 19 X 19X 48 X 62 x 45X Sale 23 X Sale 19 X Sale Sale 47 X 23% Sale 21% Sale 20% Sale 21 Sale 23 19% 17% 17% May May May May May May May 19 19 18 25 23% 20% 18 11 14 11 21 May 25 25 May 25 94% May 14 19% May 3 19% May 3 30 50% Sale 64% Sale 46% Sale 60% 45% 26 28 47 51 ' 65% 47% 1 5 May May May May May May May 28 22 22 20 May May May May May 20 5 28 27 27 28 30 19 18 18 30% Feb. 27 28 Feb. 15 26 Feb. 15 26 62 Feb. Feb. 11 2 80 Feb. 11 45% May 11 64 Feb. 13 ... 15 Porto Alegre (City of)— ♦8s June coupon off 12,000 d ..1961 42,000 J ♦7Hs July coupon off 1966 22,000 Prague (Greater City) 7 Ha 1952 MN 48,000 ♦Prussia (Free State) ext s£ 6H—1951 M S ♦S f gold 6a..... 61,000 1952 A O 43,000 Queensland (State of) 31,000 25-year extl a f 6s ext a f 7a.. 1941 A O ..Feb 15 1947 F A ♦Rhf ne-Maln-Danube deb7s aer A1950 M S Rio de Janeiro 32,000 320,000 (City of)— t ♦8s April coupon off 1946 A o ♦6Hs August coupon off—..—1953 F A Rio Grande do Sul (State of)— A o J D M N ..... 111% 113% 113 27 28 26% 30% Sale 24 h Sale 26 ? o 72% ♦7s August coupon off........1959 f a 25% Sale 1953 I J Sao Paulo (City of)— ♦8s May coupon off. ..........1952 M N coupon off..... 1957 MN ♦♦8s July coupon off..........1936 J J ♦8s July coupon off...........1950 J J ♦7s September coupon off ...1956 M S ♦6s July coupon off...........1968 J J Sec f J s 7a...................1940 a o 1945 ♦SFg6Hs Decl946 d A Styria (Province of)— 7s February coupon off.......1946 1,000 17,000 Sydney (City) ifg 5 Ha. 1455 18,000 Taiwan Elee Pow 5Ha..........1971 Tokyo City loan of 1912 5a......1952 f 5 Ha guar a F A F A J J M S 1961 A O 9,000 Trondhjem (City) lat ext g 5Ha..1957 M N 55,000 ♦Uruguay (Rep) external a f 8a..1946 F A ♦Ext a 24% 24% Sale 110% 111 109% May 109% Sale 109% 111 109% May 23% 36X 24% ,36% f 6a .......1960 M N ♦Exter a f 6s —...............1964 191,000 1952 2,000 Venetian Prov Mtg Bank 7a MN A O 28 29% 25% Sale 28% Sale 27% 98% 24% 24% 111 May 27 110% May 5 Sale May 15 22% May 18 31 Sale 30 Sale 29 25% Sale 24 27 26 Sale 26% 73% 27 74% 26 27 75% Sale May 25 23% May 17 25 May 17 25% May 18 74% May 7 34% 36 36% Sale 35 30% 26% : 21 36 24% 25 27% 27} 251 38 35 40 32% 28% 27% 95 a 30 28 Sale 95 Sale 37% 30% 25% 25% 93% 28 18% 28% Sale 29% 32% 25% 26% 25% Sale 53% 55 30 36 89 % 92 104h 104% 73% 72% 72% Sale 74 Sale 100% 101% 68 69 % — 32% 17 28% Sale 27% 29 43 47% 29% 39% 94 27% Jan. 11 25 May 25 Jan. 92 17% Jan. 16% Jan. 33% Mar. 11 31 Feb. 23 16 100 Mar. 2 11 24% Mar. 3 7 24% Mar. 4 109% May 5 113% Jan. 14 109 Jan. 8 Apr. 10 113 Feb. 18 21% Mar. 12 27 25 32 42 Sale 26% 25% 93% 28% Sale Sale May 21 44% 25% Jan. 2 7 May 14 39% May 6 32 May 27 28% May 5 27% May 3 94% May 4 25 36% May 13 29% May 14 May 13 24 May 17 V 3/ "iii Sale 90 95 48 Sale 42% 77 h Sale 98 84 43% Sale 96% 45% 83% Jan. 20 Jan. 21 Jan. Jan. 20 21 Feb. 3 37 May 21 27 Feb. 15 35% Mar. 2 34% Jan. 21 Jan. 28 43% Jan. 19 19 25 44 35% Feb. 34% Jan. Mar. 27 98 Jan. 18 24 Jan. 16 25 Feb. 27 91 - Jan. 28 25% Jan. 4 31 % Mar. 20 4 30% Mar. 19 22 May 18 May 18 May 10 May 8 29% May 8 45% May 25 30 Jan. 24 40% Mar. 13 Jan. 30 95% May 12 95% May 12 102% May 4 105% May 21 May 28 74% May 19 77 90% Jan. 101% Mar. 71% Jan. 65 75% May 3 78% May 13 102 63% May 3 67% 63% May 3 68 63 % May 3 68 80 May 12 82% 100 May 28 May 28 May 12 May 12 May 12 12 Mar. 72% 99% 63% 63% 63% 97 Sale 84% 95% May 7 41% May 10 83% May >1 Feb. 54 Jan. Mar. May May 69 Apr. 1 78% May 28 Mar. 103 9 70 Jan. 6 70 Jan. 5 5 69% Jan. 83% Apr. 14 May Apr. May 10 80 98 May 20 92% Jan. 46 May 22 May 11 39% Mar. 13 54 77% Jan. 85 85 10 39% Mar. 11 95% May 12 105% Feb. 11 77 May 28 Vienna (City of)— 6s Unmatured coupona on....1952 MN 40,000 92,000 ♦Warsaw (City) external 7a......1958 F A 43,000 Yokohama (City) extl a f 4a......1961 1 D 34% Jan. 23 33 Feb. 26 25 17 17 18 1 36% May 13 29% May 14 25 May 13 24 May 17 92 May 18 47 39% 25 77 May 23% May May 25% May 72% Apr. 27% May 28 25 May 14 Sale 28 29 25 27% May 28 27 May 4 29% 93 Sale 37 25 28% 89 % 69 % 6 5 May 6 28% May 6 76 May 21 May 28 Apr. 30 19% Mar. 23 22% 22% 73 69 31% May 27 26 22% May 18 21% Jan. Sale 35 102% 104% 104% I^ 76 May 10 26% May 3 29 23% 27% May 28 b 73 Majr-Cl Sale 69% 72% 78 Sale 76 78% Sale Sale 98% 101% 102 59% 66% 65% Sale Sale 65% Sale Sale 64 66% Sale 94 78 94 78% 68 % 26 25 24% -.— J Sale" 27 ..... ♦Slleslan Landowners Aaan 6a...1947 F External 26% Sale 109 X 25 ..— Serbs Croats & Slovenes (Kingdom)— ♦8s Nov 1 1935 coupona on.. ..1962 203,000 ♦7s Nov 1 1935 coupon on 107,000 1962 26,000 ♦Silesia (Prov) extl sink fund 7s.l958 306,000 Sale A ♦Saxon State Mtge Inat 7a 67"006 Sale" 22 ♦6Hs May 98 23% 23% 21% D San Paulo (State of)— 27,000 79,000 31,000 83,000 147,000 24% 99 22 J ♦Saarbruecken (City) a f 6a 3,000 30,000 94 30 . ♦8s April coupon off... 66,000 1946 ♦6s June coupon off 141,000 1968 ♦7s May coupon off 88,000 .....1966 ♦78 June coupon off 32,000 .......1967 67,000 Rome (City) external a f 6Ha..._1952 Roumania (Kingdom of. Monopolies) 178,000 27% 26% Sale 21 2 Feb. 27 Feb. 15 May 11 98 railroad and industrial -companies. J d 479,000 ♦{♦Abitlbl Pow & Paper lat 5a 1953 54,000 Adams Express coll tr g 4a......1948 M S 70,000 Collateral trust 4s of 1907.....1947 J d 8,000 10-year deb 4%*-— .....1946 f a 23,000 Adriatic Elec Co external 7a..._.1952 A O 14*,6oo 3,000 3,000 11,000 371,000 495,000 8,000 522,000 18,000 22,000 44,000 110,000 -- - Ala Gt Sou lat cons 5a aer A......1943 J 101 cona L 4s series B "67" ♦Albany Perfrated Wrap Paper 6a 1948 A O 66 6s with warrants assented.... 1948 Albany & Susq 1st guar 3 Ha. ...1946 A O Allegheny Corp coll tr conv 6a.. 1944 F A Collateral and convertible 5a.. 1949 J ♦Collateral 8c convertible 5a ♦5s stamped .... d Allied Stores Corp deb 4H> 4%s debentures........ ■Alpine Montan Steel 7s 104% 100 96 h Sale Sale 1950 A O 86 65 h Sale 1950 a o ...1951 f S 102 % 103% 112H 100 I6l" a 1955 M 606,000 Amer & Foreign Power deb 5s...2030 M S 31,000 American Ice s f deb 5s 1953 J d 310,000 American I G Chemical 5H« 1949 MN 90,000 Amer Internet Corp cony 5Hi.. 1949 J J 111 101 93 h 81 94 Sale 87 Sale 109 Sale 105% Sale 62 ; 70 102% 98% Sale 92 Sale 1950 Allegh & West lat g gu 4a........1998 A O Alleg Valley gen gu 4a .1942 M 8 Sale 98% May 14 104% May 100 Sale 100 101% 103 100 103% 101% 101% 84 j 84 83 87% Sale 109 114% 107% 106% Sale 105% d First Sale 102% Sale d 1943 J Sale 106 "64*"" 66 66 70 99% Sale Sale Sale 95 85 Sale 83% Sale 65% Sale 94% Sale 93% 94 108% 110 99% Sale 97% Sale 97 109 99% 97% 65 66 103 104 : Sale Sale Sale May May May May 27 102 19 103 4 13 102 18 89% May May May May May May May May May May May May May May 98% May 90 7 May 6 May 4 May 12 " 83; 61 94% May May 98% May 97 May "" 109 28 6 18 19 20 28 8 28 25 21 13 84 Jan. Apr. 100 100 Apr. Apr. 79 Jan. 114% Feb. 105% May 65 May 64 Apr. 101 Mar. 95% Apr. 87% Apr. May Apr. Apr. Jan. 18 10 81% May 12 96 May 22 r May 1 17 107 18 106 May 6 May May May May May 21 11 10 Feb. Mar. Jan, Jan. 98* May Jan. M May Feb.. 93% Jan. 79 Sale 77 May 78 Sale 94 May 94 94% 95% 107 Sale 105% May 106% Sale 105% Sale 105% 105% 105% May 2 Feb. 8*. 6 99% , 100 Jan. 87% Jan. 2 9 Feb. 11 100 £6% Apr. 22 25 27 97 18 Mar. 19 105% May 17 109% Mar. 103 %»Mar. 29 106% Jan. 1 29 Amer Tel 8c Tel— 326,000 20-year sinking fund 5 H» 1943 MN J 166,000 Convertible debentures 4hs..1939 J 880,000 3debentures 1961 a O 738,000 3ha debentures. .....1966 j d 22,000 ♦AmType Found s. f. debs 2%-5s.l950 J J 111 Sale 112 112% 171h Sale 112% 105% 97% 97% Sale Sale Sale Sale 113% Sale .04% Sale 99% Sale 98% Sale 138 142 112% May 1 114 104% May 26 106 97 May 3 99% 96% May 3 99 138% May 14 152 Sale 106% Sale 103 139% 8 25 25 11 11YX Feb. Mar. 3 114 104% Apr. 26 Jan. 113 96% Apr. 8 102% Jan. 96% Apr. 2 102% Jan. Feb. 138% May 14 200 3 7 4 4 3 Amer Water Works Ac Elec 94,000 Debenture gold 6a aeries A...1975 MN 2,000 {♦Amer Writ Paper 1st g 6a......1947 J J 1,000 ♦Ceitificates of Deposit......... ...1947 J "j Anaconda Cop Mln a f deb4%t —1950 a O 6s stamped 378,000 110H 75 Sale 104 52% Sale 51% Sale May 17 106% May 28 52% May 1 52% May 1 51% May 1 51% May 1 ... 106 % Sale 105% Sale 105% Sale 104% May 3 106 May 13 103 Apr. 50 Apr. 50 Apr. 84% Mar. 1q4% Mar. 29 110 % Jan. 23 95- Mar. % 1 21 94% Feb. 27 21 Mar. 4 16 91 Jan. 11 23 107 '' AngloChllean Nitrate— 79,000 ♦Sinking fund income deb....1967 1,000 {Ann Arbor lat g 4a July 1995 Ark Ac Memp Bdge & Term lat 5s. 1964 M J J 8 71,000 if Armour Ac Co. 1st 4Hs z 1939 J D 516,000 1st m 4s s f ser B( Del.)..—...1955 f a j 295,000 lstMsf4sserC (Del) 1957 J 102,000 Armstrong Cork deb 4s 1950 J J For footnotes, see page 30. 36% Sale 71 72% 104h 104 104 % 99 % Sale 106 % 107 % 36 Sale 67% 104 36 51 Sale 66% 33 May 14 66% May 7 37% May 10 66% May 7 104 May" 8 102«32103 102'33zl02% 102,332may 24 103 98 96% May 1 May 7 96% 96% 97% Sale 96 May 3 97% May 17 96% Sale 97% Sale 104 May 13 105% May 4 104% 105% 104% 105 33 14 42% 7 74 29 105 24 104% 17 100% Mar. 17 99% Apr. 6 108 May 66% May Apr. 102'332May 94% Mar. 102 95 103 Mar. 11 Mar. 1 27 Feb. 26 Jan. 29 Mar. 5 Jan. 20 Jan. 22 3-all Sales in May N. Y. STOCK EXCHANGE July 1 1995 Stamped 4s..........July 1 1995 Conr £ 4s of 1909 1955 Coot g 4s of 1905.. ....1955 ... ConT g 4s of 1910 Conr deb gold 4k« 13,000 22,000 61,000 ... ...1960 1948 Rocky Mt dlv 1st 4s A 1965 Tran«>Cont Short Line 1st 4s gl958 Cal-Arlz 1st Ac ref 4 k« ser A 1962 Atl Knox Ac No 1st g 5s 1946 A—1944 1st 30-year 5s ser B 1944 Atl Coast L 1st cons 4s July 1952 General unified 4He series A..1964 L At N collat gold 4s Oct.. 1952 10-yr coll tr 5s May 1 1945 Atlantic At Danville 1st g 4s .....1948 19,000 474,000 393,000 226,000 142,000 72,000 23,000 Second 4s 1948 53,000 Atl Gulf At WI SS Line coll tr 5S.1959 23,000 Atlantic Refining deb 5s 1087 1,000 Auburn Automobile conv deb 4 k» '39 ;: 8,000 Austin At NW 1st g 5s guar 1941 - ■ '{ . Ask Sale 116 J J J J 114 M S 1055* 995* 9856 J D MN M N J J 105 ... 5l Sale 615* 55 Sale 102 102 k 88 835* 1065* t Baldwin Locom Works 1st • f 5s. 1940 MN iUO>4 1065* 6,000 5s assented.............. 1940 1055? 248,000 Bait At Oblo 1st g 4s ....July 1948 A 6 108 k Sale 322,000 Refund At gen 5s ser A.... 1995 J D 905* Sale 192,000 1st gold 5s July 1948 A O 1155* Sale 253,000 Ref and gen 6s, series C.......1995 J D 1005* 101k 187,000 P L B At W Va Sys ref g 4s 1941 MN 103 k 104 198,000 J Southw Dlv 1st 314s at 5% Sale 1950 J 32,000 Tol Cln Dlv 1st Ac ref 4s ser A..1959 97 98 219,00.0 895* Sale Refunding 5s series D 2000 781,000 Conv g 4Hs 77 k Sale 1960 357,000 Ref Ac gen 5s series F 1996 895* Sale 3,000 Bangor At Aroostook RR 1st g 5s '43 115k 28,000 Conrefmtgcgold4s 1951 1105* Sale 26,000 4s stamped 1951 113k 115 6,000 Battle Creek At Sturgis gu 3s....1989 77k Beech Creek Exten 1st g 104" 1951 104",000 Bell Telephone of Pa 1st 5s B 1948 120k 1205* 121,000 First At ref 5s series G ........1960 131 Sale —. ■w; ......... . • ■' ' ■■■■yr •: ~5~66o Belvldere Del 15,000 18,000 12,000 379,000 512,000 1943 104 'Berlin City Electric deb 6MS...1951 ♦Deb sinking fund tk> ...1959 21 21 cons gtd g IK" .1955 ♦Debenture 6s Berlin Elec Elev Ac Undgrd Rys— ♦1st 6ks 1956 Bethlehem Steel 4k« series D...1960 Cons mtge 35*8 series E Big Sandy Ry 1st mtge 4s Boston At Maine 1st 5s J. 887 139,000 43,000 103,000 119,000 27,000 120,000 702,000 ser AC it mortgage 1955 M N 5s series II ft g 45*s series JJ 1961 A O 1 ♦BostonAc NY Air Line 1st gu 4sl955 F A ♦{♦Botany Cons Mills see rf 656*1934 A O ♦Certificates of deposit-.... 215* 112 1967 M ' A 835* Sale 87 855* 81 785* 27 k Sale it* Sale Brooklyn City RR 1st 5s 1941 J Bklyn Edison cons mtge 3k ■ 1966 M N Bklyn Manhattan Transit 4568—1966 M N 100 k Bklyn Queens Co At Sub gtd 5s..l941 M N 1st 5s stamped. ..........1941 J 78k 180,000 Brooklyn Union EI 1st 5s.... 1950 121,000 Brooklyn Union Gas Co 1st g 5s_1945 15,000 1st lien At ref 6s ser A 1947 157,000 Debentures gold 5s ..........1950 262,000 1st lien At ref 5s series B... 1957 31,000 Brown Shoe s f deb 35*s ..1950 7,000 Brunsw Ac Western 1st gu g 4s...1938 25,000 Buffalo Gen Elec 4 56s ser B. 1981 1,000 Buff Roch Ac Pitts gen 5s. 1937 212,000 Consol4 56 • 1957 69,000 *{♦ Burl Ced Rap At Nor 1st 5s 1934 32,000 ♦Certificates of deposit...... 9,000 {♦Bush Terminal Co 1st 4s 1952 66,000 ♦Consol 5s 1955 62,000 {♦Bush Term Bldgs 1st 5s gu 1960 1,000 Cal Gas At El Corp unlf At ref 5s..1937 28,000 Calif Packing conv deb 5s ...1940 F M N 4 D M N F J F _ A M 8 M N A 105k Sale Sale 104 Sale 122k Sale 1315* 1055* Sale 108 k 109 106 1065* 1035* 109"' I6§" "90"" 24 k A O J O MN _ J 81 93 k 27 J A Sale 113 5* „ M N J Sale Sale 29k 88 "75" " 61k Sale 63 103 5* 105k 1045* 104 k Camaguey Sugar Co— 66,000 nst 7s ctfs of deposit ..1942 71,000 Canada Sou con gu 5s ser A.....1962 74,000 Canadian Nat gold 45*8... 1957 84,000 Guaranteed gold 5s July 1969 141,000 Guaranteed g 5s Oct 1969 17,000 Guaranteed g 5s 1970 43,000 Guar gold 45*s June 15 1955 88,000 Guar g 456s 1956 35k Sale O J J O A D F A 93,000 Guar g 456s ...1951 M S 58,000 Canadian Northern guar 656s...1946 J 443,000 Canadian Pac 4% deb stock........ 32,000 Collateral trust gold 456* 1946 58,000 122,000 251,000 5s equip trust ctfs J M S 1944 J Collateral trust g 5s Collateral trust 456s J J 1185* 1205* 120k 118k 116k 115k 127 k 985* 118k 103 115 Sale Sale 121 118k Sale 116 Sale Sale Sale Sale I960 J 105 k Sale 1981 J D 19,000 ♦Cent Br Un Pac 1st g 4s .1948 J D 10,000 {♦Cent of Ga Ry 1st g 5s...Nov. 1945 F A 107,000 ♦Consol gold 5s 1945 MN ♦Ref At gen 556s series B 84,000 1959 A O ♦Ref At gen 5s series C 115,000 1959 ♦Chat Dlv 71k 105 k 110k 111 105 915* 37 78 31 21k 21 26 pur money g 4s....1951 ♦Macon At Nor Dlv 1st g 5s 1946 ♦Middle Ga At Atl Div pur m 5s 1947 ■yy.; Sale 109 k 6,000 Carthage At Adlr 1st gu g 4s • 1195* D {♦Carolina Central 1st gu g 4s.. 1949 J Car© Clinch At Ohio 1st 5s D 1938 111,000 1st At con g 6s series A.Dec 15 1952 J D 16,000 Carriers Ac Gen Corp deb 5s w w.1950 MN 3,000 27,000 25,000 135,000 13,000 23,000 191,000 16,000 129,000 13,000 321,000 11,000 33,000 76,000 ■* 31,000 459,000 1,303,000 95,000 70,000 249,000 162,000 m ...1954 15,666 23 106 Sale 38 82 345* Sale 21k 295* 26 k 195* Sale ♦Mobile Dlv 1st g 5s 1946 Central Foundry 1st mtge 6s....1941 M S General mtge 5s ...1941 M S Cent Hudson G Ac E 1st Ac ref M 1085* Cent 111 Elec At Gas 1st 5s 104 356s '65 1951 Central Illinois Light 356s 1966 {♦Central New Eng 1st guar 4s.. 1961 Central of N J gen g 5s......... 1987 General 4s Cent Pac 1st ref gu g 4s Through St L 1st gu g 4s Guar 5s M S 1996 F Craig Valley 1st g 5s May 1940 J Potts Creek Br 1st 4s .....1946 J 1993 M .... con g 4s gold 4s....... 1996 M N A ...1989 J 1989 J Warm Springs VaUey 1st g 5s .1941 M For footnotes, see page 30. 6 S 92 105 105 105 k 105 May" 13 105 107 Sale Sale 113k 985* 102 k Sale 86 k 114 Sale Sale 103 Sale 3 19 27 17 3 1 24 18 26 18 13 4 20 24 107 87 k May May May May May May May May May May May May May May 915* 865* 76 k 865* 106 113 , 97k Sale 93 k Sale Sale Sale 1105* 111k 104 104 k 110 nok 97 Sale Sale 102 76 103 Sale 915* Sale 83 k Sale Sale 75 k 825* 111 Sale 104 111k 110 75k 74 k 117 May 118k U9k 117 1245* 1265* 123k May Sale 1235* Sale 95 Sale 1075* Sale 146 154 129 135 1085* Sale 127 128k k 215* 22 21 20 Sale Sale — 103 k 96 k 8 109k Feb. 6 k May Apr. 29 May 28 107 7 114k 99 k 104 k 104 k 925* 865* 77 k 87 111k 106 111 74k 29 9 Jan. 16 Feb. 3 Feb. 24 113 Mar. 1 108 Jan. Jan. 118k Mar. 108 Apr. 110 May 99 Apr. 88 k Apr. 90 Apr. 102 k Mar. 49 k Apr. 42 Apr. 74 May 100% May 68 May 105k Apr. 1 9 17 7 10 28 24 7 20 4 26 Jan. Jan. 1 118k May 27 May 5 1 125 7 4 118 k Mar. 111k Feb. 1 9 116 Feb. 9 105k 99 k 99 k 106k 60k Jan. 8 Jan. 8 Jan. 18 Jan. 29 Jan. 7 Jan. 1V,1 :• 9 83k Jan. 7 102 Jan. 85 k Feb. 13 5 54 2 1 107k Jan. 12 Mar. 22 105k Apr. 13 105 May 10 104 k Apr. 3 84 k May 5 110 Mar. 13 97 Apr. 6 102 Apr. 7 101k Apr. 13 88 Mar. 10 83 k May 7 73 k Apr. 1 82 k May 15 111 Apr. 26 103 Apr. 27 110 Apr. 18 74 k May Mar. 26 Jan. 4 Jan. 22 Jan. 8 29 Jan. 18 5 25 16 Mar. 19 Jan. 18 Jan. Jan. Jan. Jan. 25 Jan. Jan. 2 21 Feb. 23 Mar. Feb. Feb. 15 115k Apt. Jan. 29 Jan. 2 Mar. Mar. 3 2 24 k Mar. 3 24k Mar. Apr. 9 106 k Jan. 92 H Apr. 9 99k Jan. 107 Mar. 31 112 Jan. 5 8 2 Mar. 8 102 k Sale Sale "May 14 120 Mar. 205* May 1025* May 94 k May 3 3 835* Sale Sale WA 1055* Sale 113k 119k 113k Sale 119k 1195* 115 ~QQ~ ~ Sale 95k Sale 105k Sale 1055* Sale 104 k 1015* 1085* 100 86 k 24 24 86 k 66 k 60 k 101k 104 k 20 Mar. 13 26 22 May 21 May 28 18 k Jan- 12 25 22 k May 13 104 k May 12 96 k May 28 21 Sale 106 k May 27 May May May May Sale May 102 May 109 k May Sale 100 k May Sale May 24 26 May 25 25 May 92 88 89 88 May 62 k Sale 60 59 67 May 58 62 k May 62 k 61k Sale 105k 101k 105k 101% May 20 101% May 6 1055* May 105 105 105k 104k May 112* 111k Sale 1105* 111 iiiS 22 k 22 114k 113 Sale 110k Sale 113k Sale 115k 120k 116k Sale 113k 113k 111k Sale Sale 124 123 93 k Sale 94 k Sale 104 k 104 k 104k Sale Sale 113k 116k 115 108 k 109k 107 k Sale 122 111 122 k 92 104k 113k 106 k May May May May May May May May May May May May May 18 May 19 May May May May May May May May May May May May May May May 17 4 3 3 1 10 3 3 4 3 14 20 11 14 3 114k 119k 99 k 106 k 105k 15 12 7 7 10 18 26 6 7 3 4 18 1 5 20 19 27 k May May 112k May 26 115k May 24 117k May 28 117k May 24 115k May 19 113k May 26 113k May 28 124k May 10 94 k May 3 105 May 5 115 May 28 109 May 3 103 May 26 115 Sale 100 k 1025* Sale 74 k 77 k 79 73 103 k 104 k 1035* 104 1035* May 6 104 k May 14 Sale May 11 111 1105* Ulk 110 111 May 1 103 k 101k Sale 102 101k May 24 103 k May 4 May 26 85 855* 85 May 26 875* 101 , 27 k 80 k 34 80 31k 86 31k Sale 28k Sale 20 Sale 20 Sale 19 18 34 31 31k Sale 205* J'-V 30 "165* 22 k "16" 25k 40 « 25k 155 225 66 107 Sale 103 k 98 104 105 98k 88 k 89 k 88 1235* 124k 123 k 835* 86k Sale 105 k 1055* 105 k 1335* Sale 117k Sale rU4k 107 k 107 k Sale 102k Sale 110k 1115* 118k iio?4 1155* 1115* 96 Sale Sale Sale 96 k 119 96 k 96k May 80 May 27 k May 19 May 18k May 18 11 18 13 26 31k May 6 81k May 24 32 May 7 21 May 20 k May 7 Mar. 12 81 k May 18 8 82k Apr. 78 Apr. 6 Feb. 23 Mar. 11 8 23 k May 21 24 k Apr. 28 Feb. May 18 88 k May 24 2 97k Apr. 895 May 27 Mar. Mar. 24 18 4 2 16 Jan. Jan. Jan. Jan. Mar. 22 16 4 4 25 103 k Apr. 101k Feb. 108k Apr. 85 Jan. 59 23 Jan. 9 4 32 Feb. 19 31 Mar. 6 May 18 Jan. 20 89 83 May 18 May 19 13 73 k Feb. 58 4 6 101% May 20 103 k Jan. 103 1 105 k May 19 Apr. 2 2 Jan. 12 29 6 14 5 13 11 2 5 Jan. 9 Jan. 8 May 42 May Apr. 5 Jan. 119k Jan. 9k Mar. 116 Jan. 3 118k Jan. Mar. 4 k Mar. 17 121 4 k Mar. 23 121 2 k Apr. 0k Mar. 0k Mar. 0k Mar. Jan. Jan. Jan. Jan. 9 k Mar. 2 k Jan. Mar. Jan. 0 11 Feb. 3 Jan. 2 Mar 8 Jan. 13 Jan. 11 Jan. 11 Jan. 18 6 k May 9k 2 k 3 k 8k 1 k 5 29 Apr. Jan. Apr. Mar. May May May 18 Jan. 12 Jan. 5 2 May 24 6 Mar. 8 Mar. 8 Feb. 25 Jan. 22 Jan. 13 Jan. 7 Jan. 78 k Feb. 16 27 k May 18 5 18 k Feb. 18k Jan. 29k Jan. 30 May May 103 k May 100 May 155 May 13 103 k May 4 105 May 25 26 7 150 100 100 102 k May 66 May May Sale 98 May 92 88 k May Sale 123 May Sale 83 May Sale 105k May el26kMay Sale 109 k May Sale 107 May Sale 117 May Sale 96 May 96 k May 96k 62 k May 57 k 57 May Sale 107 May 106 13 110 20 k May 26 20 k May 27 24 Sale 111k 103k 111k 109 k 117k 117k 113 113k 108 107k 105k 6 5 9 106 k Jan. 6 Feb. 19 8 102 100k Mar. 23 1012,32Mar. 93 Feb. 82 k Apr. 27 150 Sale 20 2 22 Apr. 22 115 k Jan. 112 Apr. 13 122k Jan. 118k May 12 132k Jan. Jan. 95 k May 27 106 Jan. 105 k May 25 109 103 19k Jan. 34 140 63 k 55 107 k Sale 29 22 k 32 k v 105" 103 k 101 103 k 104 k 104 k 106 100 k Sale 100 k Sale 104 k 104 k 102 k Sale 117k 20 101 73 103 k May 112k 118k 95k 105k 106 104 k 105 102 1015* 108 k 109 k 100 k 1005* 100 k 85 k 855* Sale 24 20 k 20k 20 20k 21k 25k Sale 113 113k 110k 1105* 1155* 113k 114 117k 115k Sale 115k 116k 117k 113k 113k 1155* 31k 18k Mar. 16 89 90 105"" May 20 84k May 85k May 80 k May 27k May 29 May 29 May 12 90 k May 8 101 May 25 95 May 5 815* May Sale 82 k May 855* Sale 81 79 78k May Sale 24 May Sale 27 May Sale 28 235* 27k 27 k May 23 Sale 24 27 84k 88k May 905* May loo"" Sale look Sale 100 May 895* Sale 93 k Sale 63 k 69 k 65 84k 84k 79k 24 k 1075* 107 96 ..— 88 20k May 3 20k May 10 Sale 225* Sale 22 94k k "26"" 22 21k Sale 20 k 103 Sale 102k 2 5 5 102 Sale Sale May May May May May May May May May May May May May May May I62" 101k 60 93 k May 104k May 7 53 k May 6 46 May 8 75k May 24 1001532May 7 68 May 13 106 May 11 Sale Sale 125 k 95 106 56 Sale 103 k May 11 93 k May 7 May 93 Sale 1035* 1035* 915* 84 k 75k 845* 111k 1055* 1105* Jan. 103 k Apr. 28 110 105 Jan. 28 May 11 111k May 21 May 111k 110 Sale 101k May Sale 91 k May 106 k 995* Jan. Jan. Mar. 23 112 104 IIo"" 103 Sale 106k Apr. 26 116 Mar. 22 112 28 1055* May 26 105 6 1115* May 12 110 111k May 10 112 k May 28 111 104k 1035* May Sale 50 May 42 k May 49 77 74 May 75 74k 76k 100*32 100 k 100% May 100'kz 76 k 68 May 67 k 68 76 k May 1065* 107 k 106 105k 107 103 7 8 102 May 26 102 May y 71 70 104 1 110 455* Sale i960 General gold 456s Ref Ac impt mtge 356* ser D Ref Ac impt mtge 356« ser E con 104 k 1954 trg 5sMay 15 1947 MN If 10 year conv coll 5s 1944 J D Chea At Ohio 1st cons g 5s 1939 M N 2d 180 112k 108 k 1095* conv col 110 99 75 112 1949 Champion Pap 8c Fibre deb 45*8.1950 R At A Dlv 1st 173 86 ♦♦Cen RR At Bkg of Ga col tr Ss.1937 MN Central Steel 1st sink fund 8s_._ 1941 MN Certain-teed Prod a f g 556s A...1948 M F HGbes Corp 30 "635* "64" 1987 ... 110k Sale 1125* Sale 1145* Sale 43 May May May 7 3 106 k May 27 May 108 k May 105 May 110k 111k 1105* 102 k 1015* Sale 92 915* Sale Sale 93 935* 103 k 104 104k 51 53k 50 Sale 215* 23 1055* Sale 99k Sale 1966 1944 Sale Prices 108k Sale Sale 105 "23k "205* "21k 20 215* Sale Prices 105k 106 k 110 107 Sale 835? Highest Sale Prices 104 k 106k 109k 104 105k 1085* Sale 105k 107 k 110k 111k 112k Sale 635* Lowest Sale Prices Ask 104k 104 838 60 Highest Sale 108k May 4 110 k 110 108 k Sale May 14 106k 103 1085* 1045* 105k 104 May 3 105 k 1055* Sale 103 1025* 105 1045* May 8 106 106 Ink 110 RANGE SINCE JAN. 1 Lowest May 28 , Ask Bid Bid Not 111 M N 111 109 J D 110 J D 106' 111 J D 108 Sale D J 1105 J J 106 k J I 111k Il3k 114 X S 113 J D 119 Atl & Char Air Line 1st 4Hs ';V' May 1 1937 1995 A O Ac S F gen A 4f Adjustment a 4s 168",666 - Jan. 2 si Bid Atch Top PRICES IN MAY Price BONDS Value $ 594,000 21,000 186,000 17,000 44,000 EXCHANGE-BONDS N. Y. STOCK 104 101k May 3 103 k May 21 71 May 70k May 57 k May 12 108k May a 105 May 6 I'lOO May 11 20 90 May 15 25 123k May May 27( 88 13 105k May 18 11134 May 3 26 117k May 3 107k May 5 121 May 25 97 k May 97 k May May 13 Apr. 28 102 Apr. 5 99 k Apr. 8 100k Mar. 24 63 Jan. May Apr. 106k Apr. 101 Apr. 97 Apr. 88 123 83 105k 126k 109k 106 k 4 18 2 13 13 12 Mar. 23 Feb. 23 May May May May Apr. Mar. 21 2 14 Mar. 8 Jan. 11 Jan. Feb. Jan. Jan. 20 Jan. 1 Jan. J an * Mar. Jan. 27 13 Feb. 41 Mar. 26 2 Jan. Jan. Jan. Mar. 20 Jan. Mar. 17 95 95 k Mar. 18 110k Jan. 27 Jan. 111k Jan. 18 108 Apr. 6 112k Feb. 27 108 Mar. 30 22 Mar. 8 Jan. 28 Jan. Jan. Jan. Jan. Jan. 6 5 8 10 2 11 5 8 8 7 4 4 4 29 18 19 29 ■' Mar. 30 :jfe ' JUNE, 1937] Sales in N. Y. STOCK EXCHANGE—BONDS PRICES IN MAY Price May BONDS N. 7. STOCK EXCHANGE 1937 RANGE SINCE JAN. 1 Jan. 2 Value 23 $ 92,000 87,000 87,000 195,000 123,000 101,000 6,000 436,000 55,000 A If 49 57 1949 J 1949 J Illinois Division 4a 1958 M tat 8c ref 4 series B 1977 f lat 8c ret 5a aeriea A..........1971 f ♦{♦Chic Ac B 111 1st cons A 4s.... .1934 A O {♦Chic Ac B 111 Ry (new co) g 5s ..1951 MN General 4a. . ♦Certificates of deposit......... 11,000 Chic Ac Brie 1st gold 6a 1983 MN 1,000 Chic Gas I Ac C 1st gu g 5a 1937 J J 719,000 {♦Chic Gt Western 1st 69-yr 4a...1959 M S 4,000 {♦Chic Indlanap Ac Louis* rf g 4sl947 ♦Refunding gold St aer B......1947 ♦Refunding 4a series G.. 1947 23,000 ♦lat 8c general 5a aeries A. ...1944 25,000 ♦1st 8c gen 4a series B May 1944 22,000 Chic Indiana 8c Sou 55-yr 4s 1954 5,000 Chic L 8 8c Bast lat 4Ha 1949 102,000 ♦Chic Mil 8c St P gen g 4s sea A..1989 10,000 ♦Gen g 3Ha aeries B May 11989 79,000 ♦Gen 4Hs series C__. May 11989 44,000 ♦Gen g 4Hs series B May 11989 19,000 ♦Gen 4%t aeries F May 11989 1,548,000 {♦Chic Mil St PAc Pac mtgeFa serAl975 1,459,000 ♦Con* adj 5s.. ..Jan! 3009 51,000 {♦Chic & No West gen 3Ha 1987 114",600 57",000 38,000 246,000 170,000 768,000 ... 107 Sale 114 Sale 101 % 40 Sale 105 37 % 34 % 122 H Sale Sale 102% Sale 49 44 42* Sale 23 % D 110% J 62 % n\% Sale J 55% 56% UH' 66 68 & 69 67 70 18 18 16 16% 110% 52 56 52% Uy> 65 68 60% 65 61 29" Sale 64% 49 9% Sale 35 40 42% 40 37% 42 64 28 9% 36% 40 14 13 21 20 20 13 14 27 24 21 41 40 60% "45"" 42 Sale 42 49% Sale 29 30% 29% Sale 29% Sale 19 % Sale 46 Sale 46"" May" 18 26% Sale 25% May 18 23% May 18 23% May 18 17 May 26 40 18 18% I 103 25 110% 20 58% 17 53 19 65 31% "45"" 44% Sale 88* %% 39% 43 40 14 8 12 21 25 1 7 3 5 12 1 6 4 10 21 Sale D is* I D 33* Sale D Sale Sale 17* Sale 81% 82 41% Sale 20% ..... 38 3/ 38 Sale" 20% Sale 18 % Sale 20% 12% 12% Sale M N Sale .--—1940 1951 J D ..... D Memphis Dl* 1st 4s...........1951 J D 80 Sale Sale Sale Sale 12% 109% 86 91 62,000 Chic T h Ac S'east 1st 8c ret 5s 194C J D 31.000 Income guar 5s Dec 1 1940 M 8 76 Sale 39 91% 91% Sale 26 26 Sale 17% Sale 66 May 28 45 May 5 34% May 27 38% 33% May 27 37% 20 May 4 22% 17 Sale 17 May 14 19% 18% Sale 18% May 26 22 . 17 18 17 May 18 19% 11% Sale 11% May 14 13 109 % 109 May 6 109 % 86% 91% 94% 91% May 3' 91% 91% Sale 90% May 4 92% 78 % Sale 77% May 25 80 33% 20% 9 58% Jan. 4 110 19 119 13 25 101% Apr. 16 46% Mar. 8 45% Mar. 8 124 Jan. 18 102% Jan. 51% Mar. 8 8 May 19 43 5 44% Jan. Jan. 16 16% 100% 110% 56 52% 60 61 64 27% 9% 36% 40 40 42 46 May 3 May 25 May 1 21 Jan. < May May May Apr. Apr. May Apr. May May Apr. Ap;r. Apr. May May May Apr. May Apr. May May May May Jan. 25% 23% 23% 16% May May May May May May May May 18 8 Feb. 113% Jan. 117% Jan. 116% Jan. 32 46 50% May May 29% May 29% May 20% May 31 76 34% Sale Sale 34 Sale 30 45% 40% MN J May 2037 J Gold 3 Ha May 26 May May May May May May May May May May May May May May May 60 June 151951 J 'l'ooo 22 13 32 Sale 45 ♦{♦Chicago Rys 1st 6s stamped Aug 1 1932 25% part paid 1927 F A 237,000 {♦Chic R I Ac Pacific gen J g 4s 1988 J 14,000 ♦Certificates of deposit.... 509,000 ♦♦Refunding gold 4a........._1934 A O 162,000 ♦Certificates of deposit..... 225,000 ♦♦Sec. gold 4Ha series A 1952 m"s 96,000 ♦Certificates of deposit......... 14 17 20 32 60% MN 1949 MN _ May May May May May May May May May May May May May May May 64 Sale ♦lat Ac ref 4Hs stamped..May 3037 ♦1st 8c ref 4Ha ser C ♦Con* 4%a series A 52% Apr. 104 % May 108% Apr. 1 111% May 26 107% Apr. 8 112 May 27 106% Apr. 13 116% May 19 114 9 Apr. 101 % May 100 Jan. 21 40% May 3 35% Jan. 39 % May 34 Jan. 118 May 28 117 May 20 100% May 22 100% May 22 46% May 7 42% May 13 May 19 65 Sale S 57% May 4 107% May 26 112 May 24 39 "56% 52% 10 M Sale Prices 32 18 Sale 39 % 41 ; Highest Sale Prices 30 110% 31 61* Sale 100% 42% 32 5% Sale 46 MN 36% 117 35 18% 10 ♦Gen 5a stpd non pay Inc tax_1987 ♦General 4Hs stamped ....1987 ♦♦15-year secured 4Hs 1934 ♦1st 5c ref g 5s ; May 3037 30* 20 16 33% Sale 50% 101 % 36 Sale 38 102 % 103% 102% 103 % 102% A Sale 107 114 May May May May May May May May May May Lowest Sale Prices 34 O Sale 107% Sale Sale 30 1987 MN .... ♦Convertible gold 4Ha 12.000 Chic SL&NOgold 5s 39 % 35 22% A 104 % May Sale 36 Highest Sale Prices 55 May 17 109 100»32-.~ 44% Sale 10 22 % 106 J 118 34 J J Sale 38% 36% 32 J J 55 111% 116% 39% Sale 116% 118 100% 45% Sale MN J Ask 101 % Sale J I Lowest 107 H 107 % 109 107 110 109 110% Sale 107 H Sale 111K Sale 114 ♦Stpd non payt Fed Inc tax. 1987 MN ♦Stpd gen 4Ma non-pay Inc taxl987 MN 643.000 Sale 55% 118% 99 May 28 | Ask Bid Bid 38" J ...... ♦General 4a Sale 109 % 112% Sale 115% Sale 41 "l'ooo 35,000 1,000 Ask Bid Chic 8c Alt RR ref g 3a Chic Burl 8c O 111 Dl* 3%a May 1 25 8S 13 29 28 27 24 21 5 28 9 18 18 18 18 4 70 Mar. 34% May 33% May 19 Apr. 17 Apr. 18% May 17 May 10% Jan. 108% Mar. 91 Jan. 14 39% 13 26% 21 26% 12 107% 29 m% 20 66 23 57% 19 69% 20 36% 12% 49% 52% 52% 7 Feb. 23 Feb. 20 Jan. 8 Jan. 22 Jan. 25 Mar. 10 Feb. 26 Jan. 28 22 Mar. 23 Jan. Jan. 8 Mar. Jan. 8 11 Jan. 11 Feb. 15 11 Jan. 88* Jan. 11 Feb. 18 Jan. 38 11 18 24% Mar. 19 19 3 52 61 Feb. 36% Feb. 36% Feb. 83% 43% 42% 26% 22% 25% li* Jan. 26 Jan.. 16 Jan. Mar. 16 6 Mar. 6 6 Mar. 6 Mar. Mar. 23 90% May 4 77% May 25 Feb. 18 113% Jan. 8 98% Jan. 11 99% Feb. 16 91 Feb. 16 Chicago Union Station-— 75,000 Guaranteed ...........1944 J 4s 68,000 1st mtge 4a series D...........1963 265,000 1st mtge 3%» series E 1963 190,000 3Hs guaranteed..............1951 287,000 Chlch Westlnd Consot 5C-yr 4a. 1952 369,000 1st & ref mtge 4% s ser D —1962 79,000 Chtlds Co deb 5s 1943 4,000 {♦Choc Okl Ac Gulf consol 5s 1952 120,000 Cine Gas Ac Elec 1st mtge 3%a J J J J J M S j j M S O A 105% 112H 113 105 % 106% 105 % 106 109 Sale 106 % 108 110% 108% 107% 105 H 105 Sale 102 % 103 % Sale 103% Sale Sale 103% Sale 100% 102% Sale ..... 93 MN 1966 F A Sale 109 Sale Sale Sale 38 93',606 "l'ooo 148,000 373,000 40I000 27,000 "3",606 — m% 108 H C C C A St L gen g 4« General 5s series B 1993 J ........1993 J 51 Ref Ac Imp 4s series C IRef At Imp 5s series D 1941 J 1943 J Ref 8c lmpt 4 H" series E Cairo Dl* lat gold 4a ClnWAcMDl* 1stg4a St Louis Dl* 1st coll trust J J J M 1949 M 1977 1939 1991 g 4s.1994 Spring At Col Dl* 1st g 4s J D D J J J J J N 8 W W Val Dl* 1st g 4s 1949 J J 13,000 Cleve-Cliffs Iron 1st mtge 4%a._1950 M n 88,000 Cleve Elec Ilium 1st M 3Ha —1965 J J Cle* Ac Pitta gen gu 4Ha ser B..1942 A O Series B gu 3Ha..............1942 A O Series A gu 4Ha..............1942 J J Series C gu 3Hs 1948 M N 12,000 Series D gu 3Ha..............1950 F A 1,000 General 4Ha series A.. —1977 F A Gen & ref. mtae 4Ha series B.. 1981 J J 17",066 Cle* Short Line 1st gu 4 Ha 1941 A O 58,000 Cle* Union Term 1st gu 5Ha A..1972 A O 198,000 1st s f g 5s series B guar 1973 A O 323,000 1st s f 4Hs aeries C...........1977 A O Coal Rl* Ry 1st gu 4s 1945 J D 251000 Colo Fuel At Iron Co gen s f 5s..1943 F A 42,000 ♦58 income mtge...——....1970 A O 135,000 Colorado & Southern 4H8 ser A. 1980 M N 216,000 Columbia Gas At Elec deb 5s 1952 M N 28,000 Debenture 5s ...Apr 15 1952 A O 310,000 Debenture 5s ...Jan 15 1941 Col Ac Hock Valley 1st ext g 4s 2,000 Col At Tol 1st no 105 % 104 % 107" Sale Sale 106 % 102 103 103 105% Conn At Passum Rlvs 1st g 4s. 1943 Conn Ry At Lt 1st g 4Ha 1951 35,000 Stamped guar 4Ha 1V51 78,000 Conn River Power s f 3%s A —1961 238,000 Consol Edison (N Y) deb 3%a_—1946 144,000 3Ha debentures... .......1956 ♦Debenture 4s 41", 000 mm. 105 % 110 112,000 ♦Consolidation Coal s f 5s... 104% 98% ..... 112 106 90 % 106 % Sale 74 % 75% 104 % Sale 104 % 104% 104 % Sale 104% Sale" Sale Sale - — 34% 65 % 1951 F f g 4s 1951 j For footnotes, see page 30. A 1950 MN a J "May" "3 101 May 27 — — 102 101 101% May 10 101 May 10 107 % 107 107% May 18 107 % May 4 Sale 107 % 108% 107 May 11 108 % May 19 Sale 109 H 110% 112 111% 111% 111 111% 109 H 105 % 106 % Sale 105% Sale 101% Sale 101% Sale 100% 109 107% 109 104 104 % 105 106 77 78 Sale 80% Sale 62 64% Sale 62% Sale 101 % 101 % Sale 102% Sale 100 Sale 101 % Sale 107% 99% 110% Sale 106% 112 Sale 107% 108 % 102 % 105 105 % l66HMay"20 106% 103% 106% 106 % Sale 103 103 % 104 % Sale 105 Sale 103% 104 103 Sale 103 % Sale ----- ----- ..... 107 Sale 107 % 101 Sale 101 31 Sale Sale 35 Sale 31 38 38 34 38 20 % 31 31 40 34 % 68 % Sale Sale 104 % 104 % 105% Sale Sale Sale Sale 69% Sale 104% Sale" 102 101% 102% 102% 103 100% Sale 98 Sale 100 % 103 % Sale 103% 102% 101 Sale 100 102 100 102 Sale 102 % Sale 106 106 % 105% 106 May" 7 May 3 May 7 May 7 May 17 May 13 105 % Sale 105% Sale 96% 96% 98 % Sale 101 101% 102 % Sale 32 66 27 105 H 27 81 26 65 % 27 103 % 28 103% 27 101% May 10 May 3 May 6 May 12 May 21 112 May 21 105 May 4 106% May 8 96% May 3 99 May 26 101 May 4 102% May 8 18% 101 Mar. 104% Mar. 97 118 103% 101% 91 % 103% 93 95 98% 104% 105 103% Sale May 20 105% May 28 106% May 28 104 May 4 105% May 12 103 % May 3 105 % May 22 102% May 21 103% May 1 19% May 11 107 May 100 % May 34% May 34 May 34 68 104 % May ] 02 May 100% May 98 Sale May 104 103% May May 101 101% 101 100 102 May 100 98% May 99 % Sale 104% May 105% 106 103 % May 104% 105 Sale 23 May 22 3 108 May 8 15 101% May 8 8 35 May 4 6 34 May 6 May 26 May 26 35 70 May 21 May 5 106 May 103% May 103% May 100% May 104 May 102 May 100% May 99% May 105% May 106 May 101 Apr. Apr. Mar. Feb. Mar. Apr. Apr. Apr. Jan. 108% Jan. 108% Jan. 105% Jan. 8 7 13 5 9 11 11 40% Mar. 4 5 104% Jan. 94 Jan. 6 109% Apr. 28 7 110% Jan. 104% Mar. 19 107% Jan. 118 Apr. 20 105% 105% 98% 106% Jan. 9 Apr. 16 Jan. 15 Jan. 103 Jan. 8 15 104% Jan. 18 13 Feb. 1 May 10 103 107 Feb. 25 Apr. 2 108 105% Mar. 22 111% Jan. 2 ! 110% Feb. 11 3 112 36 109 110% May 17 111% May 1 106 % May 26 102% 101% 103 32 IIIII May" " 1 May May May May 100 May 99% May 105% 107% May 103 Sale - 127,000 Crane Co s f deb 3%« 53,000 Crown Cork 8c Seal s f 4a 31,000 Crown Willamette Pap 1st 97 % 103" 32103 % i03H"May"l9 I03H May"l9 103^*32 105932 Sale 105% Sale 105*32 May 27 105% May 1 95 % Sale 93 % May 24 94% Sale 96% May 11 103 % 104% 103 % 104% 94 Sale 93 94" "May 1 "95? May" "7 94% 99 99% 98% 99% 98% May 10 99 May 5 32 34% 62,000 252,000 80,000 1st mtge 3 H 8 1966 MN 48,000 Container Corp of Am 1st a f g 4s. 1946 j D Deb gold 5s with warr 39,000 1943 J D 9,000 Copenhagen Telep extl s f g 5s..1954 F A Sale 118 101 110" 105 36 —I960 —— 99% Mar. 85 May 35 May 97% Apr. 113 104% Apr. 30 108% Feb. 104 % 101 Sale 118 Mar. 5 100% Apr. 107 % May 12 108% May 7 104% 104% 102 % May 13 104 % May 25 109 % 19% 106% Sale 106 % Sale 1st lien & unif mtge 3 %a 1965 MN 1st lien & unif mtge 3 Ha....—1965 MN 1st mtge 3%s ...1970 MN 101 % Apr. 26 28 10 8 26 Sale Consumers Power Co— 83,000 102% May 101 May 85 May 35 May 99% May ——. 115H 112% 106^ 107 H —1956 104% May 104 May 102% May 90% May 39 May 100% May 111% Jan. 109% 103 % 109 % 103 % 110 104% 110% 104 105 111% 104 % May 11 105 May 105 % 106% 101 106 % May 3 106% May A&O 1955 ♦Debenture 4s 106% May 108 104 % 113 Consol Hydro-£lec Works of Upper 7,000 ♦Wuerttemberg 1st 7s ...1956 137,000 Consol Gas Co deb 4 Ha 1951 1,007,000 Consolidated Oil con* deb 3%a—1951 13,000 {♦Consolidated Ry deb 4s 1954 3,000 ♦Debenture 4s—.........J&J 1955 Apr. 104% Apr. 113 104 % 109% 107% 108% ...... 104 103 111% Sale 113% 108 % Sale "9I600 8 May 27 107 % May 28 108h Sale 106 % May 109 104 % May 102 % May 107 112% 163,000 Columbus Ry Pow At Lt 4s —1965 MN 526,000 Commercial Credit deb 3%s 1951 A O 147,000 Commercial Invest Tr deb 3H>—1951 108 % 104 109% 108 102% 105% 1948 A O A 104 105 % May 107 % May 107 % 19r5 f ext 4s 35 99% 100 108 - 105% 103 Sale 33 60 100% 115 119 105 % 103% 97 % 88 Sale 37% Sale 103 108% 1st mtge g 5s series C guar....1957 MN 1st mtge guar 3%a series D....1971 MN Clearfield & Mahon 1st gtd g 5a..1943 J J 90 104% 104% Cln Leb 8c N 1st con go g 4s... .1942 MN Cincinnati Union Terminal— 56,000 122,000 100 107 % 5 113 Jan. 27 105 May 11 111% Jan. 13 106% May 3 106% May 3 108% 109% 104% 99% 110% 104 77 62 Mar. 19 116 % Jan. Jan. May 17 113 Mar. 18 111% Jan. 18 13 Apr. T2 8 105% Jan. 4 Mar. 8 112% Jan. 11 Mar. 4 May 27 108 Feb. 16 May 27 96 May 26 77% Jan. 11 101% May 27 105% 100 May 28 105 8 105% 99% Apr. Mar. 17 114% 109 Jan. Feb. Jan. Jan. 30 1 25 28 111% Feb. 115 Jan. 13 102 94 108% Jan. 100% Jan. 105% Jan. 18 *7 106 Jan. Feb. 30 Jan. Jan. 11 11 Jan. 2 Jan. 5 Mar. 99% 104% 105% 104% 100% 102% Apr. Mar. Mar. Apr. Mar. Apr. Mar. 101 Mar. 18% 105% 100% 34% Mar. Apr. Apr. May 34 May 35% Jan, 34 May 63% Jan. 103% Apr. 99% Mar. 98% Apr. I 96% Apr. *102 101 Mar. Apr. 99% Feb. 97 Apr. 104 Apr. 103% Apr. 112% 107% 108% 106% 107% 23 108 2 11 May 22 May 8 2 107% Jan. 41% Feb. 24 Mar. 40 Feb. 8 17 40% Mar. 15 71% Mar. 20 110% 107% 108% 103% 105 Jan. Jan. 18 Jan. Jan. 2 29 [4 Jan. 9 103% Jan. 7 9 102 103 Mar. Jan. 107 Jan. 106 Jan. 9 21 5 EXCHANGE-BONDS N. Y. STOCK 24 Sales in May Value Jan. 2 si 1937 Bid $ J D _ 62 _ Sale Sale 90% Sale 105% 107 102 102% 104% 107% 105% Denver Gas 3c El lat J 151% J J 103' --1969 8c ref 5a——1951 106 M N 4s. ....1936 106 J 34 J J 33% F A 18% 18% J v----1936 ♦♦Conaol gold 4 ^a {♦Denv 3c R Gr West gen 5a Augl955 ♦Assented (subject to plan)..— ♦Ref Ac imp mtse 5s aer B 1978 AO -1947 36 % 17 Sale Sale 6% 50 L16% 117 L09% L10% 111% L08% Sale 1961 F A E—.......1952 A O A O 83,000 Gen 3c ref mtge 4s series P.....1965 M S 44,000 Gen 3c ref mtge 3)4 s series G—1966 5,000 ♦Detroit Ac Mack lat lien g 4a 1995 J D 5,000 *lst 4s assented 1995 ♦Second gold 4s — 1995 J~D Gen At ref 5a series 70 50 55 85 65 50 27,000 3,000 26,000 212,000 assented.......—.-1995 Detroit Term 3c Tunnel 1st gu 4%s'61 Dul Ac Iron Range 1st 5a. 1937 J ♦♦Dul So Shore Ac Atlantic g 5a. 1937 Duquesne Light 1st M 3%s——1965 *2nd 4s 55 1,000 Eastern Ry M No Dlv lat g 4a 1948 20,000 Eastern Tenn Va Ac Ga 1st g 5a ..1956 3,000 Ed El 111 Bkn lat con g 4a 1939 Ed El 111 N Y lat cons g 5a 1995 284,000 Electric Auto Lite conv deb 4s—1952 4,000 Elgin Jol Ac East lat g 5a 1941 72,000 El Paso Nat Gas 4% 8 series A-...1951 19.000 Conv deb 4%s ...........1946 15,000 21 Paso At S W lat Ac ref 5a 1965 58 stamped 1965 Erie Ac Pittsb gen gu g 3%# set B.1940 ------ 103 O J J 110 O 106% 116% Sale 107% 107% 138% A 67% MN J J J J F 114 D 104 D 155 O J 106% Sale 1953 Ref At lmpt gold 5s aer 1927 ...1967 Ref At imp 5a ser 1930.........1975 Erie At Jersey 1st a f 6a 1955 Geneaee Rlv RR lat a f 6a.....1957 N Y Ac Erie RR ext lat 4a 1947 3d mtge 4H« 1938 Gen 705",006 504,000 3,000 2,000 2,000 70,000 24,000 5,000 27,000 11,000 6,000 conv 4a Serlea D. 7a..—1954 Fairbanks Morse deb 4a.........1956 Federal Lt Ac Tr lat a f 5s 1942 5a International series......1942 First lien a f 5a stamped......1942 lat lien a f 6a stamped.... 1942 Sale A J J J J F A J D Krneato Breda Co 1st mtge M S M S M 8 30-year deb 6a series Flat deb a f 7a J D J 76 J Sale 81 ♦Certificates of deposit... J 107% 110% 83% Sale 10", 660 25,000 • Grays Point Tslto lat gu g 5a .V.1947 J Gt Cona El Pow (Japan) 7s 3.1944 F 1950 J 201,000 131,000 156,000 93,000 297,000 2,508,000 613,000 250,000 lat Acgena f g6H« Great Northern Ry— lat Ac refund 4Ha Ser A £ "7", 606 61,000 Feb "4", 660 A O J ... 73,000 Gulf States St'l 1st mtge 4 %s_— .1961 1966 53,000 Gulf States Utilities 4s series C 10-year debenture 4%s 30,000 ——.1946 A A O 12,000 Hackenaack Water 1st 4s....._.1952 J J J 5,000 ♦Harpen Mining 6s.............1949 J J 9,000 Hock Val lat con g 4Ha........1999 J ......1944 A O 58,000 ♦Hoe (R) At Co lat mtge {♦Housatonlc RR "3", 606 5,000 con g 5s......1937 MN Houst At Tex C 1st g 5a Int gu ....1937 J Hous Belt At Ter 1st 5s 1937 J For footnotes see page 30. J J 99 57 il?8 1{&V> 97 81% liM 70 Sale 12% Sale 13 .14% 10% 5 95% 108 98% 82% 82% 82 May May May May 99% 84% 86% 86% 62% 12 75 IIS 105 Sale 104% Sale 107% 110 29 124" 125% 84 77% 102% 101% Sale 4 92 —. 45 41% 23% ..... May 4 May 24 May 11 May 4 May 13 May 14 May 7 May 7 May 7, 78% 77% 117% 117% 4 Feb. May 21 Jan. 18 Jan. 21 Jan. 5 Jan. 2 Jan. 20 116% Jan. 19 5 107% Jan. 139% Jan. 28 111 Mar. 29 Apr. Apr. Apr. 100% Apr. 140 May 106% May Apr. 106 Mar. 103 103% Mar. 97% Apr. 80% Apr. 82% May 82 May 113% Jan. . 105 18 Feb. 1 106 106 Apr. 13 Feb. 16 Jan. 14 Jan. 5 Jan. 16 Jan. 22 Jan. 22 Jan. 15 Jan. 16 Jan. 16 Jan. 8 Jan." 2 Jan. 2 107 106^ 92 94 & 94 Jan. 93 78% 77% 114% 116% 112% May May 89 Mar. 119 Feb. 117: May 72 102 May May 102% May 101% May "64% Jan. 4 101 Apr. Apr. 9 105 72 101% May 102 May 101% 102% 102% 96% May May May May 102% May 103% May 24 98% May 3 89 114 Mar. 15 "78% May"l5 11 27 18 3 4 4 w 95% May 25 3% May 24 4 108" 72 4 4 May 25 May 7 May 4108 " May 4 May 24 74% May 14 Feb. 11 13 Mar. 30 Feb. 23 Feb. 23 Feb. 27 Mar. 27 Apr. Jan.,; 8 7 Mar. 5 5 Mar. Apr, 2 9% Jan. 4 Jan. 6 6% Mar. 17 5 3% May 24 107% Jan. 20 107% 107% Mar. 16 108% 72 May 24 87% 13 2 Mar. Jan. Jan. Jan. 20 25 12 93% May 13 101% May""6 May May 32% May 34% May 105 33 25 20 28 12 40% May 14 28% May 17 41% May 4 28% May 12 May May 1 8 May 17 May 7 May 25 Jan. 12 121 % Jan. 93% May 13 Sale 101% May 5 4 102% May Sale 99% May 14 100% May 26 May 4 May 4 102 102 3% 102 May 3 Sale 81% May 25 89 43% 34% May 7 34% May 27 45 30 g* !!S Jan. 9 Jan. 27 100% Apr. 103% Apr. 30 Apr. 30 Apr. 29% Mar. Jan. 11 Jan. Jan. 7 2 40 Jan. 2 40 Jan. 2 98% Apr. 2 105 Jan. 98% Apr. 9 105% Jan. 101% Mar. 29 103% Jan. 8 2 8 93% May 13 100% 29 122% 28 102 16 106 24 40 23 16 81 % May 25 34 % May 27 39 Apr, 23 Apr. Apr. 97% Apr. 103% Mar. 98 May 103% Jain. 108% May 8 17 97% Jan. 7 44% Jan. 20 52 11 Jan. 30% Mar. 2 Mar. 30 9 107 4 2 101% Jan. Jan. 4 13 105 26 107% Jan. 15 103% Jan. 13 13 Jan. 27 20 111 95 "96% 97 Sale 94 94% 91 94 92 110% Sale 115% 117% 108 108% 103% 103% 103% Sale Sale 132 107% Sale 93 60 40%. 24% 75% May 15% May 15 May 10% m 80% Mar f~2 14.103"" 102 102% 101% Jan. Mar. 103% 102 104% 102 Apr. 105 96% May 96% Jan. 82 81% May 87 May May w* 20 May • 78% May 73 May 12% May 12% May 14 5 112 "May 7 81% May 7 117% May 12 117% May 27 "82 Mar. 172% Jan. May May May May Sale 105% Sale 104% May 18 105% Sale 100% Sale 99% May 1 100% May 1 105 Sale 104% Sale 104 98 May 26 100% 100% fc97 97% 104% ft)2% 104% 108% 108% 109 y 108% May 20 109% 105% 99% 104% 99% ; 10% Sale 72 Sale 112% 117% 112% 104% 104% 133% 113 110 Sale Sale Sale Sale Sale Sale 93% Sale 60 Sale 97 Y May 26 95% May 14 112% May 25 118 May 12 112% May 28 May May May May 105% May 10 104% May 24 141% May 20 May 19 May 10 102% May 130% May 107% May 92% May 98"" 103" 97% 91% 96 101 10% May Sale 101 99 98% Sale 96 1 12 May 20 107% 23% 115 90 May 21 101 May 24 99 May 21 May 3 91 % Sale 92% Sale 95% Sale Sale 100% 100% 101 102% 103% Sale 106 118% 100% 100,332 Sale 84% Feb. 13 95% May 14 8 114% Mar. 25 119^ Feb. 11 108 Apr. 27 115^ Jan. 18 8 100% Apr. 9 109^ Jan. 4 100% Apr. 9 108*1 Jan. 118% Jan. 4 141 k May 20 110 Apr. 26 116^ Jan. 106 Apr. 8 ink 94 k 92% Apr. 28 Feb. 4 May 10 103 106 Mav 11 103% May 26 May 25 May 115% May 89% 88% May 119 106% 10 106 101 96 Apr. 28 15 Jan. 28 1 May 21 106% Jan. 18 9 May 24 103% Feb. Mar. 4 106% Mar. Jan. 13 92% May 28 99% Jan. 12 95% May 3 99% Apr. 3 105% Jan. 15 4 102% Apr. 30 105% Apr. 90 May 95% May 100% May 14 106 May 27% May 116 91 May May 81 80 "90" Jan" "27 "98% Apr".""5 72 12 110% 116% 108% 103% May 19 May 26 104% "94"" 105% 7% 101% 101% 102% 100 Sale 100% 102 102% 102% 89 o87% 33 38% 45 93 Sale 8 55 103% Apr. 91 116 115% 118 100% 101 101% Sale 100% May 105 Sale 104% 105 104% May 30% 31% 30% 35% 30% May 30 Sale 30 32% Sale May 33 34 32 May 35% 32 94% 108% 104% Sale 99% 100% 13 4 5 3% 104% 104% 107% 110% 108 74 Sale 95 Sale "72% Sale 14% 93 Sale Sale 115 109% 99 "78% 95; ' : 4 Jan. 45 54% Apr. 91% 92% ..... O A O Sale 74% 74% 70 101% 101% 101% 102 102% 102% 102% 102% 102% 101% 101 102% 102% 102 103 10355 111 119% Sale 108% Sale 1946 1946 ...1967 .... 103% 108 lar mtge gold 5a serlea G .1950 Gulf Ac Ship Island ref 5a .Feb 1952 J ... Sale 116% 116% 114% 109% Feb ♦Income debenture ctfa B_. Greenbrier Ry lat gu g 4a ...1940 MN Gulf Mob Ac Nor lat 5%a mi B...1950 A O Stamped ' 87 1976 1977 ♦Green Bay At West deb ctfa A 120",606 103 99 J 1973 Gen mtge 4a aerlea H Gen mtge 3%s series Sale 101JC Sale A 1952 Gen 4Hs Serlea D Gen 4 Ha aeries E— Gen mtge 4a serlea G 105% Sale D ......1961 Gen mtge 5 Ha Ser B Gen mtge 5s Ser C 62% 31% 148,000 D 1st mtge 4%s 298,000 M N 325,000 Goodyear Tlra A Rubber 1st 5a_.1957 Gotham Silk Hosiery deb 5s w w.1946 M S 29,000 Gouv At Oswegatchie lat As......1942 J D J ..—1941 J 13",606 Gr R At 1 ax lat gu g 4%a - .... 45 D Sale 117% 108% 4 40% 6a..1945 J 1956 J 82 72"" 9% - Goodrich (B F) Co conv deb "79% 110 4% 4% 107 1 7 5 109% Jan. 60 May 21 65 May 25 111 Apr. Feb. 41% Apr. Ill Apr. 101% Apr. 88% 117% 116% 8% 98 97 2,000 Galv Hous Ac Hend 5 %• A.......1938; A 122% Gas Ac Else (Bergen Co) 5a..—1949 J 103"" 102 34",066 Gen Amer Investors dak 5a aer A.1952 F 105% Sale 75,000 General Cable 1st s f g 5%s A....1947 Sale 40 21,000 ♦General Elec (Germany) 70—1945 Sale 40 ♦Debenture 6%s— .....1944 J D 10,000 Sale 40 MN ♦S f deb t 6a„ -1948 23,000 General Motors Acceptance Corp— 104% 105 10-year debenture 3s_.........1946 235,000 105% Sale 15-year debenture 3%s 1951 199,000 102% 2,000 General Public Service deb 5Hs_1939 96% Sale 51,000 Gen Steel Castings lat 5%s w w—1949 2,000 {♦Ga & Ala lat cona 5a Oct. 1945 ♦{♦Georgia Carolina Ac Northern— Extended at 6% to July 1 1934 5,000 ♦Good Hops Steel Ac Iron sec 7s-1945 1,000 84 80 80 Sale 7% 1941 11*.000 Framertclnd Ac Dev 26-yr 7 Ha..1942 J 1956 MN 10,000 Francisco Sugar coll trust 6s , 82% 86 82 1982 Proof of claim filed by owner.... MN Fort St U D Co lat g 4%a Sale Sale 85% 3 3 MN Proof of claim filed by owner ♦♦(Amended) lat cona2-4a_. 1,000 6,000 Sale 1*81 76% 82% 18% Sale 18% Sale Y.566 {♦Fla Cent Ac Peninsular 5s.....1943 195C I D 38,000 t*Fla East Coast 1st 4H« ♦1st Ac ref 5s aer A 197 " M S 479,000 ♦Certificates of deposit 77,000 ♦{♦Fonda Johns Ac Glov ref 4HS.1952 Mar. 101 1946 J B..—1954 18 116% Jan. 110% Jan. 55 45 110 88% 85% J " May 13 109 % 110% May 17 111 102 May 4 103 May 18 148% 147% 140 107% Sale 106% May 20 108 105% 105% 99% Sale 84 62% "64% 104% 104% 102% 101% 102" 102% 102 103% 101% 102% S M 12 Mar. 60 May 21 50 "May 10 55 May 7 112% May 1 114 5 101133zMay 5 101»3Z--~ lOl'hzMay May 11 54% May 3 56 54% Sale May 27 103% May 14 105 104% 105 103 S 8 21 25 Il3% 105 82 118% 117% Sale 114% Sale MN M Sale UM O 3 11 52 111% 110 91% M N Jan. 57% Apr. 20 111% Apr. 106% May 105% Apr, 101 Mar. 24 18 Feb. 23 22% Feb. 19 32% 133 107 £ 108 82% 95 o 17 22 25 19 27 111 99 91% Sale o — 18 108 May 105% 105% 91 J o 7 8 108% May Apr. 22 Jan. 10 W* Mar. 8 38 Feb. May May May May May 6% Jan. 6 51% May 15 60 52 1 Mar. 25 Jan. 5 104 5 Mar. 30 106% Feb. Jan. 105% 108 J J 111% May 1 114% May May 106% May 14 108 108% May 4 109% May May 103 % May 6 104 60 May 60 May 21 May 65 May 25 65 5 1ft 9 Feb. Mar. 24 106 112 105 1940 Series C 3 Ha 9% May 11 51% May 15 Jan. 95% Jan. Apr. 29 Mar. 155 101 107 - May 27 May 15 15 22 125 110% 108% 128,000 Erie RR lat con Ac prior lien 4a..1996 1st conaol gen lien 4a..—.....1996 246,000 51,000 Conv g 4s Ser A ......... 1953 Serlea B 1953 46,000 61 51H 66 108 ~35" 170 A ■ 106% 26% 27% 15% 23 5 4 26 20 Mar. 18 108 106% Apr. 105 104% J 7 , 101% 88% 104% 101% 104% 102 32 115 J 7 57 1 May 19 May 25 53 12 J an. Jan. Jan. Jan. Jan. 118% 102% 72% 110 104% 105 A M N 12 4 13 3 1 17 22 25 19 27 Feb. 53 64] 723 713 65J 1 60 May 1 May 8 May 21 May 6 May 18 May 7 May 6 29% May 1 31% May 5 18 May 8 17% May 1 27 May 4 May May May May May May May May May May Feb. 62 135% 131% 135 109% Sale 108% Sale 110% 112 109% 115 103 102 102% Sale 103% 75 Sale A J Sale 4 10 10 19 25 Jan. 65 47% Apr. 29 47 May 14 11 al04%May 18 al04%May 18 114 112 May 13 112% May 27 112% 113 103% 104% 104% 106% 104% May 13 104% May 15 MN J 15 22 113% 114% 107 107% 108% 110 103% 103% 60 85 60 45% 50 45% 112% Sale 10is32 45 ■ 6% 0% 65 , 35 N — 3 56% 111% Sale 107% 108 108% Sale 103 104% ------ 15,000 18 9 66% 107% 26% 27% 15% 7% 3% Sale 9% Sale 6 Sale 6 Sale 17% Sale 26 26% 46 S M 107 105% 102% 102 104% 107% 107% 108 29% Sale 32% 29% Sale 6% „ 78,000 Sale 31% {♦Des Molnea Ac Ft D lat gu g 4a. -1935 30,000 Certificates of deposit 4,000 tn)ea Plalnes Val lat guar 4%S Detroit Edison— 77,000 Gen 3c ref 4Ha aeries D 107% M N Stamped aa to Pa tax ♦♦Den Ac Rio Gr 1st cona g 102 Highest Sale Prices , 104% 103% May 15 Sale 89% May 18 104% Sale J gold 4%s 1st mtge < 91% Dayton Pr & Lt 1st 8c ref 3%«—1960 M N Dei & Hud 1st & ref 4a 1943 J J Delaware Pr 8c Lt 1st M 4%«——1971 lat & ref 4%• 59 107 h O A 60 54 May 14 47% May 14 62 May 26 60 May 13 53 May 19 53 May 25 68 54 Lowest Sale Prices 51% May 55 May 64 May 62 May 53 May 53 May 48 49% Sale 50 Sale 49% Sale 54% 56% 63 66% | Sale Prices Ask Ask Bid Highest Sale Prices Lowest May 28 May 1 55,000 Cuba Northern Ry« litJHi 1W2 J J 44,000 ♦Cuba RR 1st 50-yr g 5a 1952 J D 4,000 *♦ tat & refund 7 H» aerlea A— —1926 27,000 ♦Certificates of deposit yd 1,000 ♦♦tat lien & ref 6s aerlea B 1936 4,000 ♦Certificates of deposit 42,000 549,000 2,000 21,000 6,000 11,000 9,000 288,000 29,000 59,000 275,000 146,000 RANGE SINCE JAN. 1 PRICES IN MAY Price BONDS STOCK EXCHANGE May 26 100% May 100% May 26 100% May Feb. 9 105% Apr. 10 108 25 May 14 27% May 24 114% Mar. 23 126% Jan. 84 Jan. 2 97% Feb. 15 79% Apr. 26 86% Jan. 27 100% May 26 102% Jan. 11 4 100% May 26 101% Jan. N. Y. STOCK Sales in PRICES IN MAY bonds May Value N. Lowest Ask M N 102% 103% 51% Sale I D 1949 MN 123% 124 81 Sale A.1957 F A Houston Oil sink fund 5%s A...1940 Hudson Coal 1st s f Ss series A..1962 Hudson County Gas 1st 8s Hudson & Manhat 1st ft ref 5s Feb 1957 ♦ Adjust Income 8s A O Illinois Bell Telep 3%s ser B 1970 A O Illinois Central let g *s 1951 1951 1st gold 3%s Extended 1st g 3%s J \ J J 1951 A O .......1951 M 8 Collateral trust gold 4s..—...1952 A O Refunding 4s 1955 M N Purchased lines 1st 3%s._....1952 J J Coll tr g 4s 1953 MN Refunding 5s 1955 M N 49-year 4%s 1966 F A 1st gold 3s sterling 106,000 241,000 5,000 110,000 81,000 306,000 6,000 10,000 2,000 — 1,000 ...... 10,000 32% Sale 109% 110 110% 106% 106% 107% 92% 92% 93 93% Sale 88% Sale 88% Sale 103% 104% 80 Sale 108% Cairo Bridge gold 4s jeae J D Litchfield Di* 1st g Ss Louis* Dl* 5c Tor g 3%s 1951 \ \ 96 1953 Omaha Dl* let g 3s 1951 St Lou Dl* 9c Term g 3s ......1951 Gold 3 %s ..1951 Sprlngf Dl* 1st g 3%s 1951 Western Lines 1st g 4s 1951 J J F J J ' F A 101 87 89 J J f A a Joint 1st & ref 5s M%s series C 1963 90 97% 100% 100% ioi ;v Ind Bloomlngton 9t W 1st 4s { D 1940 A J D 1963 ser 51,0.00 Illinois Steel deben 4%s A O 1940 29,000 Ind IU 9c la 1st gold 4s 1950 41,000 tHndianapol St Louis* 1st gu 4sl956 Indianapolis Union Ry— 21,000 ^Gen & ref guar 5s ser B 1965 16,000 Ref & impt mtge 3%s ser B....1986 207,000 Inland Steel 3%s series D 1961 A O { J 1 J . . ' M F ' £ S A ,030,000 Unterboro R T 1st St ref 5s 1966 3 155,000 ♦Certificates of deposit..... 388,000 ♦♦19-year 6% notes 1932 A O 42,000 ♦Certificates of deposit. 214,000 ♦♦19-year 7% notes 1932 M S 64,000 ♦Certificates of deposit.... —555,000 Interlake Iron conv deb 4s 1947 A O Int Agri Corp 1st 9c coll tr 5s— i 26,000 106,000 264,000 15,000 14,000 508,000 121,000 197,000 159,000 8,000 13,000 450,000 528,000 550,000 • Stamped extended to .......1942 JMnternat Gt Nor 1st 6s A 1952 102 M N 101 J «AdJ mtge 6s series A.July 1 1952 -- Met mtge gold 5s series B J 35% Sale 12 13 J J A A J M M Mat gold 5s series C Internat Hydro El deb 6s Int Merc Marine 1st s f 6a Intern Paper con* 5s series A 1956 1956 1944 ...1941 1947 Refunding 6s series A 1955 Int Rys of Cent Amer 1st 5s B...1972 First lien 9c ref 6 %s 1947 Internat T & T deb g 4%s 1952 Convertible debenture 4%s...1939 Deb gold 5s 1955 Jlowa Central Ry— 266,000 Mat A ref 4s 1951 . 34 Sale J 34% Sale J 80 Sale O 69 72% O J 102% Sale 98 98% 8 90 94% N 99% 100 F A J J J J F A 70 Sale 82% Sale 75 Sale 3 M 78,000 James Franklin 8c Clearf 1st 4s_.|95« J E 91,000 Jones Sc Laughlln St'l 1st M 4%s.l961 M S A O A O 3% Sale 100 108 Kanawha 9c Mich 1st gu g 4s 1990 X**K C Ft S 9c M ref g 4s 1936 Mitts of dep (Bankers Trust) Kan City South 1st g 3s 1950 Ref 9c Imp 5s AprH195« Ken City Term 1st 4s 1964 Kansas Gas 9c El ist mtge 4%a..l980 ♦Karstadt (R) Inc 1st Mtge 6s... 1943 ♦Ctfs w w stpd (par $645) 1943 MTtfs w w stpd (par $925) 1943 ♦With warrants (par $92.r) 1943 32,000 Keith Corp (B F) 1st ser g 6s. 1946 1,000 70,000 100,000 258,000 182,000 115,000 45,000 9,000 4,000 4,000 13,000 Kentucky Central 1st gu 4s.....1987 Vi Kentucky & Ind Term 1st 4%s..l961 4,000 Stamped 1961 Aw Plain...... ]est 4%s unguaranteed .......1961 2,000 1,000 10,000 4,000 10,000 85,000 tKreuger 9c Toll class 161,000 48,000 28,000 2,000 10,000 11,000 8,000 13,000 15,000 72,000 83,000 340,000 152,000 136,000 8,000 1,000 —— J J J J J A A F J J A F F F F J J J c J J A M F F F F J F J M M M A A O A A A A J D J 31 J J O 8 A A A A J A J N N N O O 67,000 Liggett 5c Myers Tobacco 7s 1944 A O 28,000 «■ 1951 F A Little Miami gen 4s series A ....1962 M N __ 287,000 Loew's Inc a f deb 3%s 1946 F A 19.000 Lombard Elec 7s series A... 1952 J D Long Dock Co 3%s ext to.......1950 A O __ 15,666 Long Island 3 gen g 4s Unified gold 4s 600 1938 J D ..1949 M 8 133,000 Guar ref gold 4s ..1949 81,000 4s 8tamped.. 1949 62,000 LortUard (P) CodebTs.. 1944 & 24,000 5s 1951 247,000 Louisiana A Ark 1st 5s aeries A.. 1969 i For footnotes, see page 30. Sale 59 93% Sale Sale 99 109% 109% 103% 103% 40 44 25 30 30 ; 98 34 I ..... 98% J 115% 116 1947 F A 1959 .... Laclede Cas Lt ref ext 5s 1939 Coll 8c ref 5%s series C ....1953 Col 9c ref g 5%s ser D 1960 Coll tr 6s series A 1942 Collateral trust 6s series B....1942 Lake Erie & Western 2d 5s ...1941 Lake Shore 9c Mich Sou g 34s... 1997 ♦Laotaro Nitrate Co Ltd 6s 1954 ♦Certificates of deposit *lst mtge income reg 1975 De Lehigh Coal & Nav 4%s ser A-..1954 Cons sink fund 4%a ser C.....1954 Lehigh & New Eng RR 4s A 1965 Lehigh & N Y 1st gu g 4s 1945 Lehigh Valley Coal 5s 1944 l»t A refunding 5s. 1954 1®* A refunding 5s 1964 First 9c ref sinking fund 5s 1974 Secured 6% gold notes.......1938 Leh Vail Harbor Term 1st 5a 1954 Leh V (N Y) 1st gu g 4%s 1940 Leh Val (Pa) gan con g 4s 2003 Gen cons 4%s_. ...3003 Gen consol 5s 2003 Leh Vail Tar Ry 1st gu g 5s.....1941 Lex 9c East 1st gu 5a 1965 ..... 62% 33% M 8 A 3%® collateral trust notes Uniform ctfs of deposit 216,000 53,000 270,000 84,000 3' 25,000 1,000 5,000 209,000 51,000 10,000 200,000 MN J J J J Kings Co E L 5c Pow gold 5s 1937 O Purchase money 6s.. .....1997 O Kings Co Elevated 1st g 4s 1949 A Kings Co Lighting 1st ref 5s.....1954 J let A ref 6%s 1954 J Kinney (G R) 5%s extended to-. 1941 J D Kresge Foundation coll trust 4S.1945 J J 16,000 105% Sale 58 A O J J I J J D M b M S A O F A J J 100% 101% 106 J Sale Prices 102 May 45% May 117% May 69% May 27% May 104% May 110% May 102 May 102 May Lowest 1 19 1 28 28 13 14 3 14 Sale Prices 103 49 120 May 8 May 28 May 21 75% May 20 31 May 4 105% May 28 110% May 14 102 May 3 102 May 14 85% May" 24 "87% May" 12 85>•, May 81% May 80 May 98 May 72% May al03%May 93 May 95 May Highest Sale Prices Sale Prices Highest May 18 87 May 28 82 21 82% May 3 99% May May 17 76 10 al03%May 25 93 % May May 17 95 3 7 10 21 7 10 5 17 101 Apr. 44% Mar. 116% 69% 27% 101% Mar. May May Mar. 110 Feb. 102 May Apr. Mar. May May May Apr. Apr. Apr. 102 92% 85% 85 81 % 79% 96% 71 % 107 93 Jan. 85 102 111 Cent 9c Chic St L & N O— 224,000 167,000 RANGE SINCE JAN. 1 . Y. STOCK EXCHANGE Bid 77,000 246,000 48,000 285,000 626,000 185,000 1,000 15,000 3,000 EXCHANGE—BONDS s 109% iiwiw 102% 161% 164% 108% 108% 115% 116% 119% 107 I09% Sale" May May Mar. 90 Jan. 95 94% Apr. 100% Mar. 94 Apr. 1 103 % 1 57% 30 124 28 85% 28 36% 23 110 24 110% 3 107X 27 107X 12 93 24 95 18 96 28 90X 12 90 2 104% 28 80 27 109 25 98 17 102% 18 89% 5 92% 13 98% 10 100% 23 101% Jan. 7 Jan. 11 Jan. 13 Jan. 23 Jan. 21 4 Mar. 27 Jan. Jan. Jan. 6 4 Mar. 10 Jan. 15 13 Jan. 21 Jan. 13 Jan. Jan. 8 Jan. 2 12 Jan. Feb. Jan. Jan. Jan. Jan. Feb. Jan. 9 28 19 25 20 25 20 26 N. Y. STOCK EXCHANGE-BONDS Sales in STOCK EXCHANGE N. Y. $ 29,000 113,000 38,000 102,000 67,000 91,000 1,000 6,000 4,000 Bid 1945 M l mi 8c Jeff Bridge gu 0 U Louisville & Nashville RR— O A O 1st 0c ref 4 His aeries ser D —2003 C 10,000 J ......—2003 A O A 1st 0c ref 35** series £ 2003 Peduceh 0c Mem Dlv 4s.......1946 F O M 111 Sale 83* 1085* 33* Sale 73* Sale A J 1003* MN 1143* F A MN McCrory Stores Corp s f deb 5s..1951 YlcKlesson 0c Robbius deb 5H8...1950 M N Maine Central RR 4s series A....1945 J D Gen mtge 4H« series A.... 1960 J D ♦{♦Menati Sugar 1st s f 7 H*-—1942 A O ♦Certificates of deposit... {♦Manhattan Ry (N Y) con "6 0 4s..1990 A ♦Certificates of deposit....... ♦2d 4s 2013 J D Manila El Ry 0t Lt 1st 5s 1953 M 8 16,000 Manila RR South Lines 1st 4s 1st ext 4s 1939 MN ...1959 MN J {♦Man G B 0c NW 1st 0u 3HS...1941 J Mfrs Trust Co ctfs of partic in 34,000 A I Namm 8c Son 1st 6s .....1943 J D 12,000 Marlon Steam Shovel s f 0 6s 1947 A O 9,000 Market Street Ry 1st 7s Apr 1940 Q J 111,000 Mead Corp 6s with warrants 1945 MN 205,000 Metropolitan Edison 4Hi ser D..1968 M 8 5,000 Met Water, Sewer 0c Drain SHa—1950 4° 15,000 ♦{♦Met West Side Kiev (Chic) 4s. 1938 F A 12,000 ♦Mex Internet 1st 4s asstd 1977 ♦4s (Sept 1914 coupon on).....1977 Bid 903* Sale 93 102 913* 853* 1083* 943* 1093* 94 923* 823* 873* 783* 97 98 109 1093* 104 105 123* 16 ♦Miag Mill Mach 1st s f 0 7s Michigan Central-Detroit 8c Bay City Air Line 4s 1940 Jack LAS gold 3H« 1951 "5"66O 1st gold 3Hs 1952 90,000 Ref 0c Imp 4Ha series C.......1979 14,000 Midland of N J 1st ext 5s 1940 J M S MN J J A 94 109 108 80 1939 923* 1939 86 9,000 1043* 1003* 102 60 733* 1025* Sale 1013* Sale 85 90 83 243* 6 22 263* 47,000 20,000 25,000 403* 1st 8c ref 6s series A 1946 J 25-year g 5 Ha 1949 1978 8 30 27 92 1941 MN J A...1969 J J 1978 J 1967 A O Pr Hen mtge 4Ha ser D_. ♦Cum adjust 6s series A Jan {♦Missouri Pacific RR Co— ♦1st 8c refund 5s series A.....1965 F ♦Certificates of deposit..... 8 1975 ♦1st 8c ref 5s series F 1977 MN ♦Certificates of deposit.... ♦1st 8c ref g 5s ser G 1978 MN ♦Certificates of deposit..... 1949 MO ♦Convertible gold 5H* ♦1st ref gold 5s series H 1980 A A ♦Certificates of deposit...... ser 56,000 70,000 M S ♦Refunding 8c Improv't «Ha —1977 ♦Sec 5% notes 1938 17,000 Mohawk 8r. Mai 1st gu g 4s. 1991 46,000 Monongahela Ry 1st M 4s ser A..1960 Monongahela West Penn Pub Serv— 234,000 1st mtge 4 Ha 1960 81,000 6s debentures .......1965 16,000 Montana Cent 1st gu g 6s.. 1937 5,000 1st guar gold 6s 1937 288.000 Montana Power 1st 0c ref 35*8—1966 36,000 Mont Tram 1st 8c ref 5s series A..1941 General 8c refunding 5s A Gen 8c ref 5s series B Gen 8c ref s f 4Ha ser C Gen A ref s f 5s ser M S 543",660 274,000 35~,666 243* 273* 223* Sale 833* Sale 50 44 Sale 433* 163* Sale" 44 42 Sale 43 6 43* 23 Sale Sail* 203* 233* fi* 17 22 17 193* 855* 84 May 13 28 20 27 28 1 1 90 May 25 843* May 6 393* May 57 May 173* May 63* May 6 May 253* May 23 May 27 May 17 20 May 5 193* May 6 86 May 12 1 145* May 28 53* May 15 5 May May 22 May 233* May 17 May 18 May 833* May 23 13 13 Jan. Apr. 19 Mar. Jan. 5 6 11 Feb" "13 "263*"Mar.""3 1045* May 101 Apr. 56 May 100 Apr. 1003* May 5 116 3* 30 108 27 903* 26 105 28 105 90 May 25 84 May 14 353* May 20 57 Jan. 2 5 Jan. 35* Jan. 23 May 20 Apr. 233* May 17 May 17 Apr. 823* Apr. Jan. 6 Jan. 9 7 4 Jan. Jan. Feb. 25 Feb. 24 Jan. 9 Jan. 9 9 113* Jan. Jan? "35 215* Mar. 27 28 9 13 8 Mar. 1 83* Mar. 1 373* Jan. 4 32 Jan. 7 413* Jan. 7 30 Jan, 2 283* Jan. 8 953* Jan. 25 7 61 3* Mar. 11 8 965* Jan. 4 11 28 29 10 39 155* 41 39 48 Sale 108 Sale A 108 Sale J 1023* 103 1013* 1023* J 104"" III J 1955 A 84 1955 A 1955 A 863* ft* .1941 MN 96 Sale 1003* Sale 93 119 933* 79 75 66 71 Sale 68 683* 403* Sale 363* 39 183* Sale Sale 42 Sale 433* 42 42 403* 49 Sale 363* 39 403* Sale 363* 39 153* Sale 40 Sale 363* 39 403* Sale 39 363* 843* 443* 323* 443* ..... Jan. 853* May May 14 653* May 21 71 May 11 653* May 1 May 1 69 May 3 72 May 22 683* May 25 May 653* May 71 May 64 Apr. 403* May 28 44 39 183* May 26 403* May 27 373* May 27 403* May 28 39 May 19 143* May 14 40 May 28 373* May 27 40 May 14 373* May 27 21 44 403* 435* 40 163* 44 41 44 963* 843* 45 1013* Sale 1023* Sale 1013* 1023* 1023* Sale 1003* 101 1005* 1043* 100'932 1 02 100932 102 933* Sale 943* Sale 101 102 1003* Sale 863* 863* 863* 863* 823* 823* M ay 7 91 104 Sale 903* 993* 9654 Sale 873* 114 1145* 1073* Sale Sale Sale 115 "88 3* May" 1 91 965* May 13 99 873* May 27 91 May 3 115 114 May 21 May 3 May May 80 76 Feb. 18 795* Mar. 4 Feb. 19 183* Feb. 19 485* Jan. 22 463* Jan. 21 493* Jan. 22 47 Jan. 22 Jan. 14 3* Apr. 9 363* Apr. 12 39 Apr. 9 373* May 27 Mar. Feb. 24 Mar. 8 Jan. 22 Jan. 22 485* Jan. 22 49 47 455* Jan. 20 1 100 31 Jan. 88 Apr. 26 Jan. 4 Jan. 6 Feb. 20 Feb. 19 Feb. 17 Jan. 12 105 Mar. 19 Jan. 4 Apr. Jan. Jan. Jan. 11 4 435* Jan. 27 305* May 18 100 4 1015* Apr. 100,732May 100932 May 92 Apr. 1003* May 83 793* May 14 803* May 7 21 11 28 13 39 93 793* May 14 803* May 7 885* Feb. 19 485* Jan. 22 453* Feb. 19 99 103 1013* May May 8 102 May 1033* May 25 100,73zMay 17 100"32May 3 10093z May 27 100n32May 24 935* May 1 95 May 10 1003* May 28 1013* May 6 20 14 Apr. 9 393* Apr. 16 155* Jan. 27 39 Apr. 8 37 Apr. 8 383* Apr. 8 363* Apr. 12 25 Feb. 3 Jan. 21 Feb. 8 Feb. 25 Jan. 793* May Apr. 855* 965* 873* 1125* 1063* 9 14 Jan. 80 84 883 983 113 1113* 75 65 98 97 45 32 42 433* Sale 39 993* 100 32 753* Sale May 7 May 1 May 1 May 11 May 21 Sale 44 433* 42 Sale Sale 59 May 3 885* May 24 Sale 443* May 13 473* 32 Sale Sale 305* May 18 333* 34 Sale 32 Sale 31 May 14 34 873* 90 883* 893* 88 90 May 17 1053* 1063* 1065* 108 1055* May 4 1065* Sale Sale Sale 543* May 28 853* May 8 48 853* Sale 543* 393* 39 133* Sale 44 69 713* gg 1Z May May May May May May May May May May 11 43 A J 203* 433* 443* Sale Sale 653* Sale 433* May Jan. 7 15 9 Apr. May Jan. Jan. Feb. May Apr. Apr. Feb. Jan. Jan. 14 985* Jan. 22 Apr. 10 1023* Jan. 4 3 5 4 (AI)0tSon—See&fW Trust Co L 1st 4s A..1978 F Nash Flo & Sheff 1st gu g 5s 1937 F Nassau Elec guar gold 4s atpd National Acme 4H8 extended 1951 J A A J 1946 J D National Dairy Prod deb 33*» w w *51 M N Nat Distillers Products deb 4Ha_1945 MN 973* 98 1023* 1023* 62 603* Rys of Mexico— ♦4Hs Jan 1914 coupon on. ..1957 J ♦4Hs July 1914 coupon on ..1957 J ♦4Hs July 1914 coupon off ..1957 J ♦Assent warr & rets No 4 on. 1957 107"" Sale 1063* 1063* J 3 J 3 43* ♦4s April 1914 coupon on ..1977 AO ♦4s April 1914 coupon off 1977 A O ♦Assent warr & rets No 5 on. 1977 Nat RR of Mex prior lien 4>£s— ♦Assent 923* 94 923* Sale 92 May 28 95 1003* 1013* 1003* 1013* 50 Sale 403* 47 V" 475* May 26 515* 1003* 1003*—1033* Sale 103 1033* Sale May 3 104 104 Sale 105 Sale 1035* May 3 105 3 J Sale 43* 53* Sale 23* 33* 33* 4 23* 23* 23* /; 53* — -- _ 133,000 Sale Sale 18 723* 753* 703* Sale National 64,000 57 79 mn 31,000 Nashville Chat & St 35",000 63 85 Sale 98 1955 MN 1947 MN Mutual Union Tel 5s Namm 90 May 25 84 May 14 353* May 20 84 72 74 Sale 313* 963* 1113* M S Morris A Essex 1st gu 3 Ha 2000 J 143,000 Constr M 5s ser A............1955 MN 197,000 Constr M 4Ha ser B 25,000 Mutual Fuel Gas 1st gu 5s 833* 373* 95 ...1955 A D 287",000 95 90 363* 943* 49 413* .... Mo Pac 3d 7s ext at 4% July 193S J {♦Mobile 8c Ohio gen gold 4s .1938 M S ♦Montgomery Dlv 1st g 5s 1947 F A 1,000 5 105"" May" 17 4 105 May 26 May 27 613* May 24 101 May 27 1025* May 6 1003* May 28 103 May 7 56 Sale 953* 583* 60 863* Sale 943* 41 1981 MN I 19,000 "i~,o66 20 39 Ml ♦General 4s ♦Certificates of deposit 94 12 14 Jan. Term 38,000 {♦Missouri-Illinois RR 5s ser 139,000 Mo Kan 8c Tex 1st g 4s.........1990 J D Missour-Kansas-Tsxas RR— 192,000 J Prior lien 5s series A 1962 J 25,000 J 40-year 4s series B .......1962 J ♦1st 8c ref 5s 24 J* "83"' 85* 145* Sale 32 21,000 85 Sale 50 393* 466,000 12,000 101 Sale 28 580,000 30,000 169,000 11,000 508,000 195,000 1015* Sale Sale J 688",666 623* Sale J 315,000 95 55 173* 63* .......1938 21,000 May May 1053* 107"" 1043* May 106 105 1013* May 57 5s 362,000 16 26 94 12 100 18 105< 243* 65 53* Sale 33* 43* 373* Sale 5s gtd as to int.......1938 Cent 12 Jan. Jan. 1033* Mar. 25 1053* May 21 cons f 4s Jan. 1053* 1043* 1053* 1053* May 21 1053* May 21 llx cons s 15 1013* May May 4 1063* Mar. 30 1093* Feb. 1 1003* Mar. 9 1043* Jan. 9 11 May 26 165* Jan. 27 3 May 10 55* Jan. 8 1st Chic Term Jan. Jan. 5 Jan. 20 Feb. 23 1063* May 24 1085* May 7 1013* May 3 1023* May 28 11 13 May 26 May 8 3 May 10 43* May 24 95 293* 26 106 18 1043* 7 1053* 13 863* 90 27 19 903* 20 575* 53 26 18 333* 16 925* 84 3* 13 1083* Sale 1063* Sale 1013* 103 1023* Sale 13 143* 1st st 843* May 28 May 025* Mar. 00 Apr. 795* Apr. 55 May 54 May 343* May 303* May 19 May 923* Mar. 823* Jan. 973* Jan. 8 1015* Apr. 22 905* Apr. 28 100 Mar. 3 99 Jan. 25 May 12 103 1033* May 18 1073* Feb. 25 4,000 MStP&SSMA 5 02 5 2 14 3 975* Feb. Jan. 4 4 5 4 55,000 1st ref 5 H* series B May 6 104 May 6 104 May 25 83 May 8 66 May 6 67 May 3 41 May 28 5 855* May 203* May 5 Feb. 1003* Jan. 1003* May 91 May 99 May 1033* May 90 Sale 115 115 Jan. 104 Jan. 783* Mar. ... Sale 113* Sale 98 1115* Jan. 18 963* Jan.'23 55* Apr. 1103* May 943* Apr. Apr. 41 55 J 13 Jan. Feb. 23 J F 27 111 1085* Jan. 1033* Jan. Apr. 15 433* ♦Ref 8c ext'serles 5s A........1962 3 24 12 26 4 26 28 75 413* 136,000 MStP0cSSM4s stpd guar.....1938 98 113 May May May May May May May May May 4 1093* Jan. 37 39 8 993* 923* 1065* 893* 1103* Mar. 10 1123* Jan. 76 8 I 105 106 1055* Mar. 1063* Apr. 995* Apr. 96 Apr. 903* Apr. 1053* Apr. 993* 1013* 1003* 102 933* 943* 85% 91 1003* 1043* Sale 1033* Sale — 104 1093* 1043* 105 1043* 105 Con ext 4H» MN 109 92 90 1st ext 4Ha M 4 38 70 104 1053* 11,000 M May 1063* May 13 23* ~2~66O 67,000 {♦Mil Spar 8c N W 1st go 4s 1947 1.000 {♦Mllw 8c State Line 1st guar 3Hal941 71,000 {♦Minn 8c St Louis 5s ctfs.......1934 87,000 ♦1st 8c refund gold 4s.". 1949 99 "243* O 134,000 MilwElRy 0c Lt 1st 8c ref 5s ser B1961 J D 109,000 J 1st mtge gold 5s 1971 J ♦♦Mil & Nor 1st ext 4H« (1880) 1934 J D 102 985* Sale 92 923* 903* 1063* 1063* 1063* 873* 90 873* "893* 1103* 1103* 1103* Sale Sale 95 963* 98 111 113 1113* 113 933* m"s J 105 Sale 104 37 1956 J d 1,000 Sale 4 107 irA 40 983* 99 1023* 1023* 1053* Sale Sale Prices , Sale 70 38 Sale Prices May 1033* 102 1033* 102 Sale 1033* Sale 1033* May Sale 1033* 1043* 1023* May 81 7931 May 55 May 70 593* 54 May 595* 673* 53 Sale 343* May 393* Sale 303* May 353* 333* Sale 19 15 May 195* 203* 923* 83 "933* 843* Sale : May 523* 32 107 9,83* 56 493* Highest Sale Prices May 90 54 Lowest Sale Prices May May May May May May May May May May 88 82 Highest 1063* 1083* 107 1053* 1063* 1033* Sale 1043* 1043* 813* 823* 76 Ask Ask Bid RANGE SINCE JAN. 1 Lowest May 28 1063* 1063* 1063* 1065* 106 108 1083* 109 1083* 109 105 M S J May 1 il06 1093* Sale S St Louis Dlv 2d fold 3s 1980 Mob 0c Monta 1st 0 4H« 1945 44,000 South Ry Joint Monon 4s.....1952 8,000 Atl Knox 0c On dlv 0 4s 1955 Lower Austrian Hydro-Elec 4Ha- 1944 36,000 247,000 60,000 100,000 32,000 92,000 220,000 184,000 Ask 1123* Unified Sold 4s 1940 J 1st; 8c ref 5s series B..........2003 A 1st 0c ref 4s PRICES IN MAY Price Jan. 2 1937 BONDS May Value 5 & rets No 4 on... 1926 J ♦48 April 1914 coupon on .....1951 A O 3 3 ♦48 April 1914 coupon off O 3 4 3 warr 1951 A J 30,000 ♦Assent warr & rets No 4 on. 1951 404,000 Nat Steel 1st coll mtge s f 4s.....1965 j"iS 3,000 {♦Naugatuck RR 1st g 4s 1954 M n 7,000 Newark Gonsof Gas 5s 1948 J 2,000 {♦New England RR cons 5s guar 1945 J ♦Cons guar 4s 9,000 1945 For footnotes, see page 30 D 53* Sale 43* 1073* Sale 723* 80 1223* 124 J 70 78 J 653* 693* 53* 915 100 633* 95 Jan. 29 1005* 1023* Apr. 2 107 103 Mar. 12 1063* t May May 8 8 3 3* "May" "4 "~4~~~May22 23* 23* 63* 23* 25* 33* 86 .... 33* May 4 43* Sale '3 5* "May 21 ""43* May"27 5 1 May 18 65* May 28 Sale May May May May May May 19 26 28 24 13 14 4 Mar. 31 35* Apr. 28 5 77 118 66 63 Jan. 63* Jan. 4 "63* 9 Mar. 31 Jan—5 75* Jan. 11 6 Jan. 7 8 1075* Jan. 18 May 18 33* May 1023* Apr. Jan. 13 Mar. 22 Jan. 2 Jan. 5 £&.§? Mar. 31 mt4 Apr. 29 475* May 26 _ Apr. 33* 35* 33* May 7 104 Sale May 3 1063* 86 May 28 86 1153* 118 118 1183* 119 May 7 119 70 66 743* 69 66 May 21 70 63 70 66 63 May 18 633* 86 5 33* 25* 33* 43* 1043* Sale 1063* 70 May May 18 5 2 933* Jan. 23 May 7 1223* Jan. 14 82 Feb. 1 May 21 2 May 18 743* Feb. n. y. stock June, 1937] bonds May Value $ 84,000 10,000 2,000 26,000 Jan. 2 Bid 30-yr 5a a—1952 .......1961 1986 i960 n j Junction rr go lat 4a n j Pow & Light lat AH* 15,000 New Orleana Great Nor 5a aer a.. 1983 125,000 n o & n'eaatern ref 4}4* aeriea a.1952 141,000 New Orleana p s lat 8c ref 5a a—1952 144,000 lat & ref 5a aeriea b ..1955 300,000 New Orleana Term lat 4a guar...1953 17,000 {♦♦n o Tex & Mex Income 5a 1935 178,000 ♦Firat 5a aeriea b i'm 17,000 ♦Certificates of deposit— 19,000 ♦1st mtge gold 5a series g...—1956 23,000 ♦1st 4h> aeriea d.......—.—1956 103,000 ♦First 5ha series a 1954 29,000 ♦Certificates of deposit..— 3,057",000 125*4 Sale 124*4 125*4 f 104 d a Sale 95 82, 1946 Ref & Inapt 4ml* aeries a......2013 Ref 5c Inapt 5s series c......—2013 Conv secured 3*£a ..1952 10-year 3x* secured a f 1,384,000 5,047,000 47 64 55 f a f a W* 48 a o 50 hi 50*4 Sale "48*4 62 f a o a o a o 104*1 103*1 Sale Sale Sale 101x Sale mn 101 j j a f o a a o b............1953 y Dock lat gold 4a 1951 Serial 5s g notes 1938 o m s a o 103*4 10854 Sale 98 a f a 95 95*4 96*4 102 H 102*4 103*1 Sale 94 Sale a 108 7 a f a 108*4 67*4 63*4 98*4 a f ----- 68 65 l05"" Sale" 105*4 Sale n y 5c Erie—See Erie rr. 8,000 n y 5k Greenw l prior lien gu 5a .1946 mn n y Ac Harlem g 125*4 126 116*1 Sale Sale 62 63 62*4 63 ..... 99*4 !!* i8o?^. 97*4 —. — 99 — 47 Sale Sale 65 .1955 j ♦General 4a.................. d t*n y Pro* Ac Boston gen 4s.....1942 a o .1993 a o con guar 4a n y 5k Putnam lat n y Ac Queens .. el Lt 5c Pr 3*4 s .1965 m n 95*4 Sale 41*4 Sale 109 Sale Corp— j j mn mn mn mn j Susq 8c West lat ref g 5s., .1937 j .1937 f a ♦♦Second gold 4*it——. ♦♦n y .1940 f .......... a 106 106*4 106*4 107*4 106*4 107*4 106*4 107*4 105 92 90 62 .1943 mn Terminal 1st gold 5s ....... .1939 mn ny Tel 1st 5c gen a f4Ks n y Trap Rock 1st s f g 6s...... .1946 j d .1946 6s stamped.. .... 105*4 109*4 91*4 ♦in y Weatchea Ac Boa 1st AH*-. 1946 17*4 109*4 106*4 j"j Niagara Falls Power 3*48——. .1966 m s Nlag Lock ft Ont Pow 1st 5a a.., .1955 a o Niagara Share (Mo) deb 5His.... .1950 mn .1950 a o ♦{♦Norfolk South 1st Ac rei 5s a. .1961 f a Nord Rysextl a f AH* 94 103*4 106 ........ 25 24 ♦Certificates of deposit....... 66*4 Sale Sale Sale 80 122 105*4 105*4 a... 1957 m Aug 15 1963 f s a No* 15 1969 mn ser a—. 1974 m 8 8 April 1 1934 and aub coupons.. 1945 a o 1945 ♦Stamped as to sale of April 1 to April 11935 incl. coupons. 356,000 Northern Pacific prior Hen 4a... 232,000 Gen Hen ry it Id gt 3a Jan 173,000 Ref ft Impt AH* Series a 563,000 Ref ft Impt 6a Series b 86,000 Ref 3c Impt 5s Series g...... 126,000 Ref 5c Impt 5s Series d... 104*4 106*4 105*4 126*4 118*4 87*4 81*4 Sale 105 Sale Sale 121 84 j q f 2947 2047 j j 2047 j j 2047 j 2047 j j j Ill Sale 82*4 105*4 111*4 Sale Sale Sale 108*1 109*4 108*4 109 o j 107"" "iii 102*4 104 71,000 ♦Ogden 3t Lake Ch lat guar g 4a. 1948 j 29 109 Sale 106*4 Sale" Ohio Connecting Ry 1st 4a ...... Ohio Pub Service lat 5t ref j 1943 m s 1965 mn Apr 1 1938 q-j 7h*— 1946 a o Ontario Power n f lat 5a 1947 f 1943 f Ontario Transmission lat 5a 1945 mn lat 3t ref 7a aeriea b ...... a a Oregon rr Ac Na* con g 4a..... 1946 j Oregon Short Line lat con g 5a.. 1946 j d 1st guar cons 5s stamped Ore-Wash RRAcNa* latAcref 4s 1946 j j 1961 J J Oslo Gas Ac Elec extl 1963 m s a f g 5a... j 104*4 112 Sale 111*4 113 114 Sale 113*4 114*4 113*4 114 120*4 123 124*4 106*4 107*4 101*4 Otis Steel 1st mtge ah* a 1962 j Pacific Coast Co lat g 5a 1946 75*4 1964 110*4 Sale h...... 1961 1966 i 107*4 Sale Pacific Gas ac el 4a 1st Ac ref mtge aer 3*4s g ser lat Ac ref mtge 3*4s ser .... For footnotes, see page 30. 86 Apr. May Apr. Apr. 39 36 May 35*4 May 37*4 May 363 May 38 May 44 May 60 May 25*4 May 42 May 92*4 May 23 May 14 May 100 May 83*4 May 103*4 May 40*4 Sale 29 27*4 44*4 Sale 93*4 Sale 22*4 101*4 88*4 103*4 107*4 20 105*4 105*4 105 107 106*4 108*4 108*4 107*4 107 107*4 106*4 106*4 107*4 106*4 Sale 105 May May May Sale 107*4 106*4 May Sale 106*4 May 106 107 80 82 Jan. Apr. 29 Sale 25 27 5 16 21 Jan. 20 Jan. 23 Jan. 18 Feb. 5 Jan. Jan. 11 5 72 Jan. 21 22 55*4 May 25 6 105*4 Jan. 105*4 Jan. 2 9 125*4 Jan. 5 117*4 Jan. 15 99 May 99*4 Apr. 96 May 104 May 102 May 105*4 Mar. 10 I* 83 90 16 102*4 107*4 102 106*4 28*4 14*4 79 May 37 40*4 40 39 48*4 68 29 46 93*4 29h 100 86 104*4 17 25 18 5 11 4 May May May May May May May May May May May May May May May 5 11 11 1 6 10 4 5 4 13 5 5 27 6 5 105*4 May 5 107*4 May 8 108*4 May 3 107*4 May 3 107*4 May 17 79 May 75 100*4 May 107*4 May 85 May 93 May 16*4 May 103 May 107*4 May 103*4 May May May 29*4 May 82*4 May 116*4 May 104*4 May 100*4 100*4 May Sale 107*4 May 84 85 May 90*4 90*4 May Sale 13 May Sale 102*4 May Sale 107 May Sale 102 May May 106*4 105 31 28 May May 28*4 80 77 May Sale 118*4 May Sale 103*4 May 103*4 May 5 104*4 102 May 5 104 102*4 May 19 104 120*4 May 25 120*4 75 87 Jan. Jan. 102 May 27 106 Jan. 23 108 Jan. 116*4 104*4 101 j 76*4 72*4 104*4 101*4 96*4 12 9 Mar. 23 98 Mar. 23 Jan. 47 Mar. 35*4 Jan. 35*4 May 37*4 May 36*4 May 35 44 60 25*4 41*4 903 23 14 100 83*4 101*4 Apr. May Apr. Jan. Apr. Apr. May May May May Apr. 47 Feb. 18 45 Feb. 60 Feb. 71 Feb. 18 16 17 19 18 37*4 Feb. 55 99*4 4654 42*4 101*4 95 Feb. Jan. Jan. Jan. 109*4 Jan. - May 12 75 Jan. Sale 8 Feb. 4 104 31 Jan. 82*4 May Apr. 9 101*4 Apr. 7 99*4 Mar. 17 120*4 May 25 101 105*4 Jan. 106*4 Jan. 8 2 75 87 May 12 Mar. 15 107 Feb. 13 125*4 Mar. 83 87 79 Apr. 23 10154 Mar. 18 69*4 Mar. 18 97 May 27 109*4 Mar. 18 102 May 4 102 Apr. 29 81*4 Jan. Jan. 1123 Jan. 823 3 100 5 20*4 May 11 33*4 Jan. 109*4 Jan. 29 109*4 Jan. 101*4 Apr. 12 106*4 Jan. 103 103 8 10 10 1 Jan. 23 Mar. 19 23*4 May Sale 7 2 16 104*4 102*4 May 14 105*4 May Sale 18 Jan. 106*4 Jan. 122 28 7 10 102*4 May 1 17 72*4 May " 97 May 27 110*4 May 19 102 May 4 102*4 May 3 8 109*4 Feb. 15 32*4 Jan. 21 105*4 May 75 May 99*4 May 112 May 104 May 103 % May Sale 2 7 11 94*4 Jan. 25 Jan. 26 98 22*4 Feb. 19 5 109*4 Jan. 9 107*4 Apr. 5 May 12 21 8 69*4 Jan. 106*4 Jan. 109*4 Jan. 7 May 27 May 12 May 25 30 7 Jan. 18 Mar. 16 6 Jan. 6 105*4 Jan. May 25 108*4 Mar. 2 106*4 Jan. 8 108*4 Apr. 16 4 106*4 Mar. 12 107*4 Feb. 106 Jan. 8 107*4 Jan. 26 21 May 24 1 46*4 Feb. 19 44*4 Feb. 16 47*4 Feb. 20 105 106 7 6 12 7 19 22 28 10 4 8 7 80 106 Jan. 112 Jan. 110 Jan. 109*4 Jan. 16 12 2 5 6 13 6 105*4 23*4 21*4 108 108*4 104*4 Sale 102*4 Sale 102*4 111*4 Sale 113 111 111*4 111*4 112*4 113*4 110*4 112*4 109*4 110*4 111*4 110*4 112 108*4 110 116*4 117 22*4 19 4 109 105 4 75 105*4 102*4 Sale 74*4 74 73*4 97 97*4 Sale 111*4 Sale 111*4 101 102*4 102 102*4 104*4 104*4 107 107*4 107*4 Sale 103*4 al05 21*4 16 101*4 Jan. 28 107 Feb. 6 Jan. 103*4 103*4 103*4 104 102 Sale 103*4 Sale 102*4 103*4 102*4 Sale 115 124*4 120*4 125 116 120 114*4 120 82 1 5 31 72*4 Jan. 40 80 75*4 113*4 114*4 115*4 103*4 103*4 Sale 87 78 4 31 21 109*4 May 24 Jan. 5 109 85 45 107*4 107*4 63 86*4 91 92*4 15*4 Sale 102 102*4 107*4 102*4 103 105*4 Sale 21 Feb. 8 6 95*4 Feb. 100*4 Mar. 31 Feb. 4 105*4 Mar. Apr. 22 105 98*4 Jan. 100 106 22 98 40 "28*4 88 101 5 4 9 39 40 36 78 81*4 1945 1997 q 69,000 Norwegian Hydro-El Nit BH*—— 1957 mn Ohio Indiana 5c West 5a May 26 98*4 May 10 May 27 104*4 May 13 May 27 May 27 102 108*4 96*4 98*4 97*4 102*4 24 1933 Northern r* of Calif guar 5a—. 1*38 a n'weatern Teleg 4*4* extended .. 1944 j Ohio Edison 1st mtge 4s 96 99*4 May 13 99 101 North American Co deb 5s....—. .1961 f ser 35*4 70*4 Sale 93*4 96*4 Sale 109 107 Sale 105 Mar. 86*4 Apr. 88*4 Apr. 109 45 Sale Sale •{♦Norfolk Ac South 1st g 5s.... 1941 mn Norfolk Ac West rv lat con g 4a... .1996 a o a 35 99 "92*4 "93*4 7 5 10 24 94 105*4 May 106 Sale 95 5 11 3 10 10 6 7 May 11 102 Sale Sale 96*4 107*4 90*4 92*4 91*4 99 104*4 104 102 40 46*4 May May May May May 101*1 May 100 May 89 May 100*4 May 104*4 May 109*4 May 94*4 105*4 87*4 90 *4 88*4 94 104 105 Sale 26*4 Sale 25 17 12 4 20 993 863 105*4 107*4 106*4 40 43 42 Feb. 19 113*4 Jan. May 15 135*4 Mar. Apr. 2 106*4 Jan. Apr. 2 103*4 Jan. Apr. 9 96*4 Jan. Jan. Apr. 28 103 Apr. 29 109*4 May 104 95 116*4 Apr. 109*4 Apr. Sale 37 38*4 40 7 May 15 121*4 May 7 96 97 j4 May May 1 7 101*4 May 1 102*4 May 4 87*4 May 15 90*4 May 8 96 May 28 98*4 May 105*4 May 1 109*4 May 21 104 1 123*4 May 25 7 113*4 May 13 Sale 108*4 108*4 38*4 Sale 47*4 Sale g 4a May 22 May 6 May 6 May 7 119*4 May 112*4 May Sale" j ♦Convertible debenture 3*4«—.1956 j j .1948 j ♦Convertible debenture 6s .1949 a o ♦Collateral trust 6a .1957 mn ♦Debenture 4a.... ..... Sale 40 35*4 45 May 10 May 7 May 3 May 6 May 1 121*4 123 113*4 Sale Sale. 100 100 63 May 4 May 22 25 21 119*4 Sale 112*4 118 98*4 88*4 Sale 102 35 ... May 20 May 1 Sale Prices 118*4 Mar. 23 127*4 Jan. Apr. 7 125*4 Jan. May Apr. 16 101 Mar. 23 107*4 Jan. 98 Mar. 4 May 21 May 19 85*4 Feb. 94*4 Apr. 28 103*4 Jan. Jan. 94*4 Apr. 29 103 90*4 May 21 100*4 Jan. 51 *4 Feb. 44*4 Jan. 4 5 59*4 Mar. 48*4 Jan. 2 47 Feb. 54*4 Apr. 4 60 Apr. 48*4 Jan. 55*4 Mar. 46*4 Jan. 13 51 *4 Jan. 27 62*4 Mar. Apr. 48*4 May 25 57 100*4 Sale 99*4 100 88*4 Sale 105*4 .1967 j d ♦1st Ac ref 4h* aer of 1927 ♦Harlem r Ac Pt Ches 1st 4a....1954 mn .1992 11 s {♦n y Ont 5c West 1st May 20 May 24 May 24 Highest I 58*4 May 56*4 Apr. 55*4 May 97 Apr. 97*4 Apr. 91 101 Sale Sale Sale 1947 a o ♦Non-con* debenture 3H* ♦Non-con* debenture IHa.....1954 a o j ♦Non-con* debenture 4a.......1955 j ♦Non-con* debenture 4s...—..1956 mn ♦Oct 1935 and sub coupons 11,000 18,000 2,000 11,000 11,000 30,000 312,000 5,000 151,000 6,000 258,000 275,000 244,000 Sale 107*4 106 106*4 108*4 109 Gen ft ref AH* aeriea a—..... 1974 m {♦Northern Ohio Ry 1st guar 5a. 16",000 : 88*4 Sale 96*4 Sale 108*4 Sale 102 106*4 102*4 103 40 1 122*4 8 118*4 24 101 3 106*4 21 93*4 19 79 3 97*4 1 97*4 21 93*4 20 49 t 17 55*4 27 54*4 18 53 21 52*4 21 59*4 25 54 24 63*4 May 12 May 4 25 63 25 55*4 May 25 3 13 100*4 May 14 100*4 May 28 89*4 41 50,000 North Am Edison deb 5s 150,000 Deb 5 H* *er b 165,000 Deb 5a aeriea c 2,000 North Cent gen 5c ref 5s 429,666 Sale 97 102 mn j 101 May May May Sale May Sale May Sale 101 May Sale 99 98 May Sale 86 87 "May 100 100*4 99*4 May May 103*4 Sale 103 109*4 108*4 May 108*4 Sale 61 58*4 May 60 57*4 58*4 May 64 55*4 55*4 May 99*4 May 99*4 Sale 100*4 Sale 99*4 May 95*4 106 8 General gold 5a v Sale o New York Railways 6,000 Sale a 23,000 tPrior lien 6a stamped.........1958 14,000 ny 5c Rich Gas 1st 6a a .1951 66,000 New York Steam lat 6a set a—..1947 53,000 1st mortgage 5a..—..........1951 87,000 1st mortgage 5s................1956 6,000 134,000 7,000 27,000 521,000 90,000 50,000 146,000 53,000 256,000 108,000 36,000 174,000 225,000 Sale 1947 m ♦Non-con* debenture 4a... 1,000 117*4 100*4 100*4 {♦n y New Haven Ac Hertford— 16,000 26,000 132,000 73,000 10,000 269,000 52,000 52,000 308,000 4,000 340,000 208,000 2,000 10,000 35,000 89*4 96*4 105*4 j m 8 Sale Prices 110 Sale 104 102 nn Sale Prices 110 100 99 102 96 97 98 103*4 104*4 1973 mn Lowest Sale Prices 119*4 May 117*4 May May 106 May 91*4 May 75 77 77 May 94*4 Sale 94*4 May 95 Sale 94*4 May 91*4 Sale 90*4 May 49 47*4 May 50 52*4 Sale May 49 43 48*4 May 48 53 49*4 May 50 50*4 May 53 May "54*4 Sale 52 48*4 May 109*4 109*4 mn 3Ha n y Lack Ac Western 4a aer a 1973 8,000 Guar AHa aeries b ... 2,000 nylekw Coal Ac rr 5 hi a. 1942 Dock 5c Impt 1st 5a........... 1943 n y Ac Long Branch gen 4s..... 1941 1939 {♦n y Ac n Eng (Boat Term) 4a 55 54 119*4 Sale 96*4 Sale 101*4 Sale 103 98 Hi f 46,000 n y Gas el Lt Ht Ac Pow 5a 1948 j d 53,000 Purchase money coll tr g 4a___1949 f a 59 53 Sale Highest , Sale" 95 54*4 54*4 no 110*4 a Sale 50 Sale 51*4 5 m*4 a o 100,000 2,000 Certificates of deposit 311,000 n y Edison 3h* series d 1965 ao 140,000 lat lien 5c ref 3j4« series e.....1966 a o 108",666 79 75 39 *4 Sale 100 as* 122 Sale 119*4 Sale 117*4 121*4 119*4 121 100*4 100*4 105*4 106*4 106*4 107" 88 91 93*4 Sale 48 h 99 *4 1st gtd 5a aeries n 82*4 99*4 100*4 685,000 nyc&HRg mtge *H* 1997 39,000 Debenture 4a of 1912 .....1942 751,000 Ref Ac Impt. AH* series a-...—2013 111,000 Lake Shore coll g 3H* 1998 69,000 Mich Cent coll g 3 ha 1998 66,000 n y Chic Ac St Loula 1st g 4s 1937 283,000 Refunding 5hi series a......1974 762,000 Refunding ihs aeries c 1978 253,000 3-year 6s Octl 1938 232,000 4s collateral trust 1946 15,000 n y Connecting 1st gu ah* a—1953 4l"666 Sale Lowest May 28 Ask Bid Bid 94*4 94*4 94*4 Sale 93*4 92*4 49 51*4 100 —1998 Consol 4a aeriea a Ask mn j Npt 8c Cln b pen gu g 4*a 1945 mn JNew York Central con* sec 6s—1944 473,000 436,000 987,000 May 1 1937 n. y. stock exchange New England t 8c t lat g 4^a aeriea b RANGE SINCE JAN. 1 PRICES IN MAY Price Sales irt 27 exchange—bonds 20*4 May 11 102*4 May 111*4 May 111 May 110*4 May 110*4 May 109*4 May 116*4 May u9~ 117*4 May i19"" 117 104*4 May Sale 106*4 Sale 101*4 101*4 101*4 May 87*4 May 89*4 Sale 74 68*4 May 74*4 68*4 104*4 May Sale 105*4 Sale 101*4 May Sale 102*4 Sale Sale 98 96*4 May Sale 1 105*4 May 20 27 4 19 17 10 113 112 112*4 110*4 111 15 118 17 118 3 106*4 102 19 25 91*4 72*4 106 102*4 98 May May May May May May May May May May May May May May 6 10 3 13 26 21 25 26 11 10 18 10 25 Feb. 27 105*4"May .3 Mar. 9 29 2 1 113 106 Apr. Apr. Apr. May Apr. 116 Mar. 121*4 Jan 117 Feb. 123 103*4 99*4 87*4 68*4 Apr. 107*4 Jan. Feb. 102*4 Jan. 91*4 May 10 103 Mar. 111*4 110*4 110*4 110*4 May May 99*4 Mar. 94*4 Apr. 112*4 Jan. 20 115 Jan. 115 Feb. 114 Jan 82 111 Jan. 6 8 21 7 4 15 6 Mar. 24 Jan. 107*4 Jan. 100*4 Mar. 4 4 1 r 28 N. Y. STOCK Sales in n. y. RANGE SINCE JAN. 1 Jan. 2 stock exchange $ 34,000 Pacific RR of Mo lac ozt «a— 3,000 m2d extended gold 6« 95,000 Pacific Tel ft T«1334« ser B 81,000 Ref mtge 334 « series C 1937 Bid .1938 May 1 Ask\ 10236 10236 10336 10534 Sale 1«38 ..... .1966 .1966 f 4 Ha .1955 .1940 5436 5736 5536 Sale Bid 100 a Lowest Highest Lowest Highest Sile Prices Sile Prices Sale Prices Sale Prices May 28 Ask Bid 10036 100 Ask Sale 9936 100 10036 10134 10034 10036 101 10036 l07~" inn 2,000 ♦{♦Pen-Am Pact (Cal) 1st a 6a. 5,000 ♦Certificates of deposit..... Paducah ft Illinois 1st \ PRICES IN MAY Price BONDS May Value EXCHANGE-BONDS Sale Sale 9934 May 14 10036 9936 May 25 9936 10034 May 18 101 100 May 14 101 May 11 May 25 May 17 May 25 9934 May 14 10236 9936 May 25 10236 99 Apr. 10 10536 9836 Apr. 9 10436 Jan. Jan. Jan. Feb. 37 Jan. 7 4 4 5 106 42 5134 42 48 7234 3936 3936 73 47 67 68 4636 May 18 4336 May 7 37 38 May 13 4336 May 7 May 18 4334 Mar. 4 58 5736 Jan. Paramount Broadway Corp— 42,000 1st mtge a f g 3a loan ctfa. Paramount Pictures Inc— ... ..1955 P A .1955 J ... ----- .1942 M A. aer e 74 10136 Sale 3836 3936 100 124,000 j S D Guar g 3Ha tr ctfa series D... 1944 40-year guar tr ctfa 4a Ser E.. 1952 UN 1963 F A 28-year 4s .......... 1941 M 8 2,000 Penn Glass Sand 1st mtge 436a.. 1960 D Penn Dixie Cement 1st 6a A 10034 Sale 9134 Sale 10036 Sale 74 Sale 12234 12336 65 Pennsylvania Co— 6,000 Guar 336« tr ctfa aeries A..... 1937 M S 4,000 Guar 336* coll tr ctfs aer B.._. 1941 F i, D 1,000 Guar g 3Ha tr ctfa series C— 1942 13,000 299,000 Sale 10034 Sale S .1944 A O .194® M S PatersonftPasaalcGft E5a... 5,000 ♦Pauliata Ry 1st ft ref 7a J .1947 M .1968 m .1953 j 179,000 s f debenture 6s 26,000 3348 conv debenture 39,000 Paris-Orleans RRExt a f #Ho_. 50,066 {♦Park Lexington 6J4» ctfa.... 79,000 Parmelee Trans conv deb 6s— 90 4236 6734 Sale 99 45 65 4736 70 117 8736 11736 8934 90 10036 10036 103 104 105 /< 105 10736 10836 110 10634 Sale 9936 Sale 10534 10336 10434 105 10134 Sale 9934 Sale 10534 104 10434 10836 105 —-■ Sale 48 Sale 95 68 May 27 May 9134 May 9834 May 4434 May 65 May 100 7234 May 3 20 10036 May 1 27 9134 May 28 May 1 21 100 May 19 15 48 7 69 May 3 8934 May 22 90 May 17 10036 May 10036 May 4 10534 10136 May May 6 5 102 104 May 15 104 May 15 68 . 7534 Mar. 17 Apr. 2 10536 May 27 9134 May 21 103 Jan. 8 5036 65 May 7 7736 11634 Apr. 12 12236 85 Jan. 13 Feb. 10 May 28 Jan. 28 Feb. 4 Jan. 14 Jan. 13 9036 Apr. 7 4 10134 Feb. 10036 May 3 6 10634 Jan. 28 10136 May 104 May 15 107 Feb. 1 104 10536 108" 104 j Sale 102 101) 99! 10036 Sale 104 10434 104 May 27 9936 9134 9834 3936 Mar. 31 10736 Jan. May 6 105" May" 15] 10436 Apr. May 11 10236 May 22 9934 Apr. May 3 10034 May 17 9936 Jan. May 20 10434 May 15 10336 Apr. 6 15 110 Jan. 19 17 10636 Jan. 6 7 102 1 Mar. 16 10536 Jan. 12 Penn Ohio ft Detroit RK— 64,000 10,000 1977 A O 1st ft ref gold 434a aeries A 4Hs series B —.......... 1981 1,164,000 Penn Pow ft Lt 1st M 436a....... 1981 A O 2,000 Penn RR consol gold 4a........ 1943 UN 53,000 Consol gold 4s 1948 MN 11,000 Stomped dollar bonds...... 1948 UN 466,000 Gen mtge 3$£s series C 1970 A O 47,000 Consol 4 36 • Issue of 1915 1960 F A D 468,000 General 4 Ha Series A......... 1965 .... 123,000 521,000 208,000 267,000 2,114,000 104,000 42,000 18,000 19,000 2,000 283,000 26,000 121,000 9,000 20,000 13,000 50,000 691,000 384,000 305,000 505,000 20,000 ' 11634 Sale Sale Sale 106 General 434a series D......... .1981 O 11036 Sale Gen mtge 434a series E Conv deb 334s .1984 J 111 .1952 o 11m Sale - * Peoria ft Bast lat ♦Income 4s cons .1940 A O .1990 A 0 4a (flat) A Peoria ft Pekln Un lat 53<a A. 1974 J Pere Marquette 1st 5s series A__ .1956 J J lat 4s Series B .1956 1st g 436a series C .1980 M 6 1943 M.N 1974 F A J Gen g 436a aeries G—-.—— .1977 D General 436a series D .1981 Phlla Bait ft Wash lat g 4a General 5a Series B Phlla Company secured gold 5s .1967 {♦PbMa ft Read C ft I ref 5a .1973 D J ♦Convertible deb 6a....— .1949 M 8 Philippine Ry lat 30-yr a f 4a... .1937 J J Plllsbury Flour Mills 20-yr 6a— .1943 4 O MN Sale Sale Sale Sale Sale Sale 105 117 99 11236 Sale Sale 10834 Sale 115 15 1734 11236 10536 Sale 10034 10134 103 104 11334 11434 125 130 117 12136 11536 11636 10£ Sale Sale 2436 Sale 1934 1936 106 108 9236 117361 91 93361 15 20 10336 11036! Sale 96 9336 9736 Sale 109 110K 12036 12136 111 11434 11036 10434 Sale 32 UK 25 I Sale Sale 25 Sale 90 99 107 9336 1 110 — ...—. . 4,000 Pitta Y ft Ash 1st gen 4s 1st gen 5s aeries B 15,000 aer 113 113 10936 10934 10734 109 10936 10936 106 F A 11336 10536 J D 112 MN 11434 109 F / 115 108 A 12436 12436 12436 12236 125 122 12336 10636 10736 11036 9534 8* 114 .1964 MN .1970 I D .1975 A .1977 J 0 } .1943 MN .1958 J D .1959 A 0 .1960 A C D 87 94 93 Sale 11236 12236 D 115 Portland General Electric 4 Ha..1960 M 8 1st 58 J 106 1935 extended to 1950... «* Porto Rlcan Am Tobac conv 6a..1942 { {♦Postal Teleg ft Cable coll 5a.. .1953 J •' Potomac Elec Power 1st M 334a..1966 J •» Pressed Steel Car deb 5s 1951 J -j {♦Providence Securities deb 4s gul957 M N ^♦Providence Terminal 1st 4a...1956 M 826,000 Pure Oil Co s f 436s with warr 1950 J J 118,000 434a without warrants ....1950 J 75,000 Purity Bakeries Corp a f g 5s 19*8 1 {♦ Radio Keith Orph pt pd ctfs 120 11536 122 11536 11634 115 Sale 116 107 10736 107x8 com stk (65% pd) 8.000 ♦♦Debenture gold 6a ...1941 106,000 (Read Co Jersey Cen coll g 4a....1951 1 Gen ft ref 4Hi* series A 250,000 ...1997 Gen ft ref 4Hs series 79,000 1997 275,000 (Remington Rand deb 434« w w—1956 Rensselaer ft Saratoga 1st gu 6s. 1941 5~16~66O Republic Steel Corp 436s ser A..1950 Gen mtge 436« series B 457,000 ...1961 Purch money 1st 5 342,000 36a conv 1954 Gen mtge 436s series C 373,000 1956 58,000 Revere Copper ft Brass 1st 434s..1956 12,000 ♦Rhelnelbe Union a f g 7a ..1946 14,000 ♦Rhine-Ruhr Wat Serv 6s ....1953 7834 4036 106 9634 1636 8336 123 J 99 D M N M N 30,666 {♦Rio Grande June lat guar g 5s 1939 J ♦Rio Grande Western 1st g 4a...1939 J For footnotes, M 434a... 1966 A aee page 30. Sale 95 2636 96 2036 Sale Sale 11534 Sale O 1937 MN 19 2 Mar. 8 10836 May 21 6 98 Jan. 26 10734 Mar. 17 111 Apr. 13 113 Feb. Jan. Jan. 11 109 109 Jan. Jan. 3 15 28 22 Mar. 16 Mar. 30 11436 Jan. 29 3 Feb. 2 Apr. Mar. 25 Jan. 15 ii 111 Apr. 11334 11336 10434 11236 Mar. 23 12336 Jan. Mar. 22 10734 Apr. 8 Mar. 23 124 Jan. 90 Jan. Jan. 12 15 6 13 15 113 13 Jan. Feb. 5 14 Jan. 28 5836 May 10536 Apr. 78 May 24 34 May 100 Apr. 92 Apr. 102 93 20 110 5 Sale Sale 103 36 May 5 118 113 107 108 Sale Sale 10936 H036 13136 9936 Sale 9836 Sale 96 11734 97 !!* 8* 2036 2034 2034 2034 4836 63 Sale 63 Sale 48 10434 58 9136 Sale Salle 10936 15936 Sale 175" Sale 10234 2536 1936 Sale May 14 11834 May May 14 104 9736 May 11 9934 May 8 96 20 13 6 9734 Feb. 13 11036 Mar. 10 16 12436 Feb. 4 7536 10834 8836 4536 Jan. 5 100 Jan. Jan. Feb. Jan. Jan. 106 14 Feb. 4 20 27 19 2834 Feb. 20 90 8536 Jan. May 10234 Apr. 9736 May 110 Feb. 13136 Feb. 25 3 105 Jan. 4 101 Mar. 6 , / 50 ---- 573 893 7234 74 4236 Sale 115 Sale 10836 2236 Sale 86 Sale 70 38 10836 2036 Sale 25 17 25 2834 2234 2436 2034 24 27 25 100 98 2036 May 17 2336 May 27 21 May 20 2334 May 26 Sale 17 Sale 17636 May 7 May 10 May 4 May 6 103 May 7 27 May 21 23 May 27 May 18 May 20 mi ^ 52 May 7 51 May 10 10434 May 11 58 May 13 7334 May 4236 May r— ----- 11234 Sale 10036 100 10336 10034 105 May May May May May May May 2036 2034 2034 2036 — Sale 10836 May 15 10836 1934 May 14 2334 2336 May 21 2336 2036 May 17 2234 23 Sale 10034 100J6 9936 10736 10734 10934 107 97 97 9936 9836 100 9936 100 10236 10336 May 24 25 101 May 108 May May 20 9936 May 25 100 12636 Jan" 13 10434 Jan. 13 11236 Mar. 9536 May 105 Apr. 10534 Apr. 112 147 Sale — 30 55 May May May May May May May May May 45 May 4436 May 10334 May 8736 May 97 50 Sale May 24 11736 7536 May 27 9836 10636 May 19 10736 10636 May 17 107 106 109 v May 9536 Sale 117 10936 Sale 97 < Sale 9634 103 103 10334 0236 2736 2636 2534 3434 28 2236 23 1934 122 104 30 Jan. 6 10 11 21 27 26 115 103 9934 98 Sale 34 34 1836 Jan. 106 613a May 26J6 29 1st g 4a..1947 » lat g 5a..1996 J 1996 A 102 103 Sale Sale 28 Jan. 8 8 27 119 Jan. 12 6 117 Jan. 19 ,10836 May t 9936 May 18 10636 Jan. 11 '28 3 May 14 5036 Feb. 12 2 May 17 2636 Feb. 3 May 14 10634 A Jan. Apr. May 89 Apr. 89 Apr. 108 May 11936 Apr. 4 10636 May May May 24 80 May May 14 2834 May May 18 10236 May May 15 96 May 60 Sale 5836 106 10736 106 78 u 7934 a7836 Sale Sale 26 Sale 2434 107 *88 18 113 17 106 13 101 - Sale Sale g 436*--.1941 j lat 5a Sale 10336 9836 9 9 112 21 22 26 21 Sale 107 90 4,000 ♦Rutland-Canadian lat guar g 4s 1949 J 164,000 Saguenay Pow Ltd 1st 5,000 St Joa ft Grand Island 95,000 St Joseph Ry L H ft P 5,000 St Lawr & Adirondack 2d gold 6s 118" Jan. Jan. 107 116 May May May May May 108 9536 Sale 10636 Sale 10636 Sale 8336 90 23 12 12 Mar. 11 Jan. 7 Jan. Jan. 110 108 45 M 9534 107 99 5 78 Sale 10336 Rochester Gaa ft El 436» aer D 1977 M S Gen mtge 5s aeries E ...1962 U 9036 10734 10736 F ....1955 F cons 2034 11536 116 ft col! trust 4s series A-1949 A 40,000 ♦Rutland R R 1st 95 10536 3336 2034 28 Richmond Term Ry lat guar 5a..1952 J 132,000 ♦{♦Rockla Ark ft Loulalat436a ..1934 3,000 ♦Ruhr Chemical 6a .....1948 28 105 J J J ♦Rlma Steel 6s................1953 79 102 9734 2034 8836 11034 Sale M ^ A 0 6034 Sale M F 11536 May 11634 May 10 11636 May 24 10736 May 4 Jan. Jan. Jan. 4 109' 113 11536 May 5 11534 May 6 115 May 1 1063-6 May 12 9 Jan. Jan. Jan. 2636 Feb. 25 Mar. 11 113 113 36 Jan. 28 113 108 Mar. 16 112 Mar. 16 111 111 M 18* Sale 103 ♦Cons mtge 6s with warrants.. 1955 A ♦{♦Richfield OH of Calif 6a...l944 MN ♦Certificates of deposit.. MN con 108 May 22 108 May 22 10936 May 4 10936 May 25 28 4 8536 Jan. May 13 9134 88 90 Sale 8936 8936 May 3 91 9036 3 9134 9136 8934 May 109 111 108 May 13 109 120 122 May 27 123 11936 123 106 '8034 A 0 ' J J J ♦Rhine-West Elec Power 7s_.-,..1950 MN ♦Direct mortgage gold 6a......1952 MN ♦1st 14 21 Jan. Jan. Jan. 20 10354 Jan. Apr. 17 11336 Jan. Mar. 18 129 Jan. 119 7234 Sale 100 J 2,000 8,000 3,000 8,000 31,000 16,000 16,000 2,000 7s 11 26 107 mil "9534 110 J for deb 6s & a f 15 12 Apr. 17 May 6 Jan. 109 11536 Sale 114 10334 Mar. 20 10634 5 10936 10936 Feb. 100 May 10 106 34 108 Mar. 17 112 36 109 Apr. 27 11636 10936 Apr. 28 11636 9636 Apr. 26 10336 11536 Mar. 18 126 10634 Mar. 23 11336 Mar. 22 123 9836 Mar. 23 107 10336 Apr. 29 11136 10336 Mar. 22 11136 i 10534 Apr. 12 11136 5 12136 11636 May 2 112 Apr. 11736 91 36 May 21 99 1636 May 108 May 10036 May 20 92 Apr. 8 I 94 May 110 .1977 J ♦Cons mtge 27 24 7 24 25 25 24 24 10 22 28 3 28 25 18 100 123 1st 436s aeries D 1 11 107 110 A. .1948 I .... 121$ iu* 14 6 106 11134 .1962 F A .1974 J D Iqt gen 5a series C_. 10536 May 10936 May 10436 May 108 May 113 May 11236 May 9936 May 11836 May 11034 May 11736 May May 107 May 10634 May 10936 May 119 May 11434 May 9236 May 18 May 108; May 104 May 94 36 May 98 May May May May May 10536 May 3236 May 14 May 28 May 10836 May 9736 .1963 F Con 436s aeries I g Con 436a aeries J guar Gen guar 5a series A General g 5a ser B General 4 36a series C MN 1 113 Sale 12136 ....... Pitts Va & Char 1st guar 4a.._ Pitta ft West Va 1st 436a aer A lat mtge 436s series B... 17,000 23,000 lat mtge 436s aeries C 12,660 116 10334 12534 11536 O "3",666 25,000 111341 Sale Con 436> aeries C guar g..—.1942 Con 4s series D guar .1945 g Con 336s series B .1949 guar g Con 4s series F guar .1953 g Con 4a aeries G guar g .1957 Con 4s series H guar .1960 g .♦ 108 10936 10936 9736 11534 11636 122 2,000 P C C ft St L g 436a aeries A .1940 A O Con 436a series B guar 3,000 g..—.1942 A 0 303,000 15,000 42,000 896,000 33,000 83,000 107 D Pirelli Co (Italy) conv 7a..—... .1952 MN 2,000 53,000 80,000 29,000 112 10536 10436 May 10934 May Sale 100 May 113 108 May Sale 11036 May Sale 10934 May Sale 97 May 125 11534 May Sale 108 May Sale 115)4 May Sale 100 May Sale 10434 May Sale 10436 May Sale 108 May Sale 11636 May Sale 11256 May Sale 9136 May Sale 1636 May 111 108 May Sale 10036 May Sale 9336 May 94 9434 May 109 May 125" 12034 May 11336 May Sale 10836 May Sale 99 H May 28 Sale May 12 Sale May Sale 2434 May Sale 10736 May 10436 Sale' General 5a Series B........... 1968 Debenture gold 434a._........ .1970 0 Peoples Gaa ft Coke 1st 6a...... 1943 Refunding gold 5a .1947 M S Sale 10936 Sale 11534 10534 May May May 21 May 13 May 27 May May May May 25 127 95 108 .6 10034 10836 Jan. 108 Jan. 7 7 28 11534 Feb. 5 Mar. 13 112 Mar. 13 Jan. 5 212 Mar. 11 2 100 Jan. 8 Apr. Jan. 25 13036 Mar. 11 Apr. Mar. 23 100 Jan. 8 106 Jan. Apr. 8 6 24 Mar. 18 32 Mar. 2 18 Jan. 13 2436 Mar. 2 19 Mar. 16 1936 Mar. 17 1936 Mar. 23 Mar* 4 Mar. Jan. 5 3 7 Jan. 7 \lH Mar. 29 May 26 May 27 6 103 34 Mar. 5336 Mar. 18 Feb. 3 70 May 18 38 11636 10734 1936 2034 2036 23 97 100 Mar. May 11 May 13 Jan. 9 May 20 Jan. Jan. 9 18 Mar. 10 Mar. 10 Feb. Apr. 28 10 6 Jan. Mar. 23 May 17 May 24 9936 Apr. May May Apr. 9836 Apr. 107 Feb. 27 Feb. Mar. Jan. Jan. 19 1 8 2 8 29 10436 Jan. 4 11236 Jan. 21 20] 1012932 Jan. 22 14 10336 Jan. 6 Jan. 26 17 102 - .V' June, 1937] Sales in n. t. stock 29 PRICES IN MAY Price BONDS May Value exchange—bonds RANGE SINCE JAN. 1 Jan. 2 N. 7, STOCK EXCHANGE May l 1937 % Ask Bid May 28 Ask Bid Bid Lowest Ask Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices St Louis Iron Mtn Ac South— 129,000 ♦*Rl*sr ft Gulf DIt 1st 0 4s... 1933 UN 10,000 ♦Certificates of deposit... 14,000 (♦St LPeo&N Wist 5s 1948 j""J 13,000 St L Rky M 8c Pac 5s stmpd ..1956 J J {♦St Louis-San Francisco Ry— J 180,000 ♦Prior lien 4s series A 1950 J 180,000 60,000 134,000 ♦Certificates of deposit..... ♦Prior Uen 5s series B ...1959 j""i ♦Certificates of deposit......... ♦Con 51 4Ha series A..........1978 MB 549,000 348,000 ♦Certificates of deposit stamped. 47,000 (St Louis Southwest 1st g 4s.... 1989 MN J ♦2d gold 4s income bond. .Nor 1989 J 1,0Q0 41,000 ♦♦1st terminal 8c unif 5s ...1952 J J J 54,000 ♦Gen Ac ret 5s series A.........1990 J "27666 St Paul Ac Duluth 1st 84% Sale 35 81 81 82% 83 Sale Sale 70% 61 51 68% 57% 42 33 39 22 % 103 % 44% 106 — 24 M J J J J J ..." ♦Stamped. ♦Guar sinking fund 6h> ' b!...1946 A O ♦Stamped...................... Ado Vail Ac N E 1st guar g 4s 1989 MN ♦{♦Seaboard Air Line 1st g 4s ..1950 103,000 •♦Stamped 4s.................1950 25,000 ♦Adjustment 5s Oct 1949 269.000 ♦♦Refunding g 4s .....1959 66,000 ♦Certificates of deposit.... 542,000 ♦1st Ac cons 6s series A.......1945 ♦Certificates of deposit......... 173,000 ♦♦Atlan-BIrm Di? 1st g 4s. May 1933 42,000 (Seaboard-All Fie 1st 6s A......1935 28% 35% Sale 105 101M 101M 103 106% 107M 101 L23% 124 L02 102% L12% 113 L09% U0% 121M 110M L14 39 % 46 40 42 39 % 44 40 Sale L21 Sale 113% Sale 108% — 37 Sale Sale Sale 30 A Sale 10 * ° Sale A O F Sale Sale MS Sale MB 38 13% Sale 77 77 Sale 40% 83 Sale Sale Sale 16 % Sale 14 16 20 % Sale 19 19 % 33 34% 10% Sale Sale Sale 88% 65 50M Sale 39% 38 107 21% 20 A O ♦Certificates of deposit......... Series B —- Sale Sale ny> .... 55 65 52 105% 26 86 99% 69% 82 M m 28% Sale 99 77 77 36 29 30% Sale A .1947 4Ksl941 J J J San Antonio Public Serr 1st 6s A. 1952 J MN San Diego Cons G 8c El 4s ...1965 Santa Fe Presc Ac Phenlx 1st As.. 1942 M S {♦Schulco Go guar 6 ..1946 J J 175,000 , 31% Sale 33 34 % 28 H 33 3 15s extended to July 1 .......1943 J Montana Ext 1st gold 4s......1937 J D 83,000 16,000 79 76 39% Sale Sale F {♦lit Paul B Grand Trunk 4 Ms 27,000 tPacific Ext sterling guar 4s.. 1940 15,000 lit Paul Union Depot 1st 5s guar. 1972 153,000 San Ant k Aran Pass 1st guar 4s. 1943 101% May 28 May 28 39M May 1 82 May 6 26 M May 14 24 M May 28 26 M May 17 24 M May 13 24M May 28 22H May 18 87 May 19 64 M May 11 50M May 28 38 M May 19 77 May May May May May May May 64% May 11 59 May 4 44 May 5 May 28 77 39 82 82 May 81 May 41% May 10 83 May 10 May 28 Apr. 29 Jan. 26% May 14 24% 26% 24% 24% 22% May May May May May May May May May Apr. May 87 64% 50% 38% 28% May 20 20M May 17 29 May 20 23% May 5 Sale 101% May 27 102*32 May 19 100*3? 6 103% 118% Sale 118 May 10 118% 101% 102 M 100M May 1 102% 110 111 109 % May 5 111% 109 Sale 107 M May 6 109 113 113% 113M May 10 113% 35 30M May 25 35 26"" 30 30 May 20 36 25 30M May 18 33 25 "30"' 30M May 18 35% 112M 21 "30% 30% May 25 31% 27 May 19 30% 2Z^ Sale 9 9M May 13 10 15 Sale 13 % May 17 16% Sale 13 May 20 14% Sale 17% May 14 20% 16% Sale 16% May 15 19% 33 31 36 May 13 35 103 M 100 103% 106 M 101M May tip 8% Sale 8% May 20 28 17 13 28 Jan. 8 Jan, 7 37% Mar. 0 33% Jan, 13 36% Mar. 8 33% 33% Jan. 11 Mar. 8 18 30% 19 100 11 HX 28 65% Mar. 8 Jan. 4 Feb. 19 1 101% May May 3 100 24 101% May 26 J13 Mar. 99 % Apr. 24 19 108% Apr. 19 105% Apr. Apr. 10 110 3 30% May 30 May 4 6 30% May May 1 30% May 114 Mar. May 18 30% May 27 May May May 8% Apr. May 13% May 13 May May 17% May May May 16% May Jan, May May May May May May May May May May May May 28 10% May 48 85 Mar. 8 Jan. 8 19 54 22 109% Jan. 18 28% 20 37 Mar, 3 Feb. 20 20% May 17 27 100 if 26 89% Feb. 15 88% Feb, 17 31 Jan. 14 Feb. 15 Jan. 22 43% Feb, 15 121 Jan. 2 35% Feb. 17 36% Mar. 8 13% Mar. 8 Mar. 6 20 Mar. 5 23% Mar, 5 22% Mar. 5 7 38% Jan. ilH 44 May 8% May 20 1 4 10 VZ Mar. 22 Jan. 5 124 Jan. 4 103% Mar. 3 112% Jan. 4 Jan, 11 Jan. 29 14% Jan. 8 1935 ♦Certificates of deposit 17,000 18,000 Sharon Steel Corp cony deb 4H*. 1951 549,000 Shell Union Oil deb 3%« —..—.1951 MS MS Shinyetsu El Pow 1st 6Ms 1952 1 D J *'Siemens Ac Halsksseo s f g 7S..1935 J 47,0001 ♦Debenture s f *%■ 1951 M 8 F A 1,000,♦Silesia Bloc Corp 6%S— ........1946 ...... . Sale 90 Sale D K C Short L guar St Paul 511nn 8c Manitoba— "3"666 45 1968 J J consoi 4s.. 123,000 {♦St Paul Ac 18,000 23,000 5,000 3,000 18,000 18,000 11,000 85 ..... .—. 13 % 113 Sale 13 111 101 80 102 50 10M m 115 Sale 109 Sale 87 7% May 20 10% May May 109% May 11 110 98 May 1 99% May 3 7% May 5 109% May 8 95% Apr. 84% 23 64 18% Sale Sale 337,000 Socony-Vacuum Oil deb 3%».—1950 A O 4,000 South Ac Nor Ala gu 5s 1963 A O 106% 140,000 f South BollT Ac T 1st 108 Sale 100 ~65% 67% 23% 23 M 70 Sale 98 104 % Sale 119% 129 69 Sale Sale Sale 59% May 20 May 69 May 97% May 103% May 120 May s A J 105 H 105 M 105932 105U 107H 105% Sale 107 102% 102 M 104 % Sale 104% 105% 105% Sale 105% 106 102 105932 May 27 105% 105% May 1 107 102% May 4 104% 104% May 3 105% •„ 9 20 3 24% Mar. 2 82% Feb. 11 102% Jan, 0 6 107% Jan. Jan. 23 130 73 Jan. Mar. . May 3 May 21 May 28 May 28 98% May 15 May 11 96 May 4 90% May 5 90 May 4 89% May 5 100% May 10 108 May 7 108 107 97% Apr. Mar. 101% Apr. 103% Apr. Jan, 105) 106) 105932 May 105 Jan. 15 ». Mar. 11 tr. Jan. 8 Apr., 100 May 27 26 65 50% Jan. 11 20 May 11 18% Mar. 68 Jan. 11 71% May 22 14 99% May 6 97% Mar, 28 105% May 3 100% Apr. 5 120 May 5 118 Apr. 1 3 a f As. .1941 41,000 Southern Calif Gas 4M»——1961 1st mtge 8c ret 4s 101,000 .........1965 59.000 Southern Colorado Power 1st g 4s *47 14% 117% Jan. Jan. 81 "98% *56% "68 tr g 7s..... 1941 FA J 1951 J 4s 110 98 83 102 106 125 34,000 Sllesian-Am Corp coll 266,000 Skelly OH debenture 9% Feb. 16 Jan. 20 2 Mar. 10 Southern Natural Gas— 1st mtge pipe line 4Ms 113,000 1951 210,000 Sou Pac Co 4s Cent Pac coll Aug. *49 1st 4 Ms (Oregon Lines) ser A..1977 444,000 Gold 4Ma_—... 307,000 1948 Gold 4Ms— 513,000 .May 1 1969 Gold 4 Ms 382,000 1981 726,000 10-year secured 3%s—1946 San Francisco Term 1st 4s.. 52,000 195# ... A O J D 8 M S Sale Sale J J A O South Pac RR 1st ref guar 4s 1955 J 4s stamped...................1955 258",000 Southern Ry 1st cons 5s........1994 }""i Derel Ac gen 4s series A. 1956 A O Derel Ac gen 6s series A...—..1956 A O Devel Ac gen 6Ma series A.....1956 A O Memphis DIt 1st g 5s.........1996 J 109)1 110M 103 Sale J I 104 M Sale D...1960 MN 105 Sale Sale Sale "98M 77% 97 100% 102 M 101% 99 M 97% 102 H 102 94 ~94M 93 Sale 106 H 105 104% Sale Sale 102 100% Sale Sale 31M 104 Sale 3s.—.....1961J D J D Staten (si Ry 1st gu g 4 Ms—1943 ♦Studebaker Corp cony deb 6s..l945 104 Sale 33 % Standard Oil N J deb 104% May Sale 100% ser Sale Sale 102 M XllH J (♦Spokane Internet 1st g 5s....1955 J Staley (A E) Mfg 1st mtge 4s 1946 F A 97% May 93% May Sale Sale Sale Sale 28M 29M 104 M Sale 97 H Sale 105 28% 103% 96 J Sale 83,000 Swift Ac Co 1st M 3%» .........1950 M S Symington-Gould Corp— ♦1st mtge conr lnc (with warr).1956 F A 6,000 Without warrants..........1956 F A 33,000 Sale 106 167 Sale 141H Sale 120 140 109 117% Sale 105 1637600 J l.p8 123 18,000 Tenn Coal Iron Ac RR gen As—.1951 J J Tenn Copper A Chem— Cony deb 6s series B ......1944 M 8 37,000 118,000 Tenn Elec Power 1st 6s series A..1947 125% 126 18,000 Term RR Assn of St L 1st g 4%«—1939 First cons g 5s ....1944 16,000 Gen ref s f gold 4s—....1953 100,000 85,000 l exarkana Ac F S Ry AM* A guar. 1950 1951 600,000 Texas Corp deb 3H« 108 - T 467650 exas Ac N O cons g 5s ..........1943 Texas Ac Pacific 1st g As.........2000 Gen ref As ser B.... ......—.1977 108,000 Gen Ac ref As series C.— ....1979 69,000 Gen Ac ref As ser D——........1980 J D 189,000 18,000 Tex Pac—Mo Pac Term AM* A—1964 M 8 J 1960 J 356,000 Third At# 1st ref 4s.—— ♦Adjustment Income As Jan 1960 893,000 Third Are RR let gold 5s 4817666 ..1937 717666 Tol St L 8c West 1st g 4« ......1950 AO Tol W Va 8c Ohio 1st guar 4s G..I942 M S Tor Ham Ac Buff 1st 4s.........1946 J D **77666 Trenton Gas Ac Elec 1st As—1949 MS J Tri-GontlnT Corp cony dob 5s ser A'53 1 17,000 25,000 ITruax-Traer Goal cony 6Ms—1943 MN 1955 11,000 Tyrol Hydro-Bloc Power 7 Ms. Guar sec a f 7s —.............1952 Fa 1,000 16,000 131,000 89.000 14,000 12,000 188,000 246,000 193,000 16,000 80,000 150,000 59,000 >1 110% 118% 119 111 1111M 107 % 108 Sale 105% 126% 130 105 % Sale 106% 106 M — UJtgawa Elec Power secured 7s—1945 Union El Lt Ac Pow (Mo) g As—1957 lUnlon Bloc L Jc P (HI) 1st AM«—»A4 ♦{♦Union Ster Ry Chic 1st As 1945 Union Oil Gal 34-yrissarA May 1942 3M* debentures ...........1952 Union Pac RR 1st Ac land gr g 4s.1947 First Ac refunding 4s.——June 2848 M 8 1st lion Ac As Juno 2888 M 8 34-year 3 M* debeature.—.....1970 A O 35-year 3%» debenture 1971 MN United Biscuit (Amer) deb As—.1950 A O For footnotes, ses page SO. Sale Sale 105)1 lip 100% 102% 102% 98% 102 qc 105% 102% 32% 104% 98 May May May May May May May May May May May May May 68 108% 109% Sale 38% Sale 101M 101 76 108 Sale 108% 102% 27 12 7 27 25 7 24 8 May 1 May 28 107% 108M 122% I2l% 123 88% 89>| V 91 90 M 106 20 Sale Sale Sale Sale I2l 121M 90] 106 98 Jan. 22 97% Jan. 22 97% Jan. 22 2 102% Jan. 4 109% Jan. 4 103% Jan. 18 108% 18 14 21 97% Apr. 7 101% Feb. 24 92 Jan. 5 105 110 105 Jan, 12 Jan, 16 9 95% Feb. Mar. 23 109% Jan. 102 1 Mar. 16 106% Jan, 99 4 Feb. 20 28% May 18 40 5 101% Mar. 6 106% Jan. 95 Mar. 9 102 Jan. 2 112 102 157 108 Jan. Mar. 5159 Feb. 9 107% Jan. 4 195 Aprl 28 143 Jan. Jan. Jan, 21 103 105 108 122 103% 96% 106% 115% 108% May May May May May 106 May 103% May 27 3 7 28 10 15 25 Sale 23% May 121% May 27 104 May 5 103% May 104% May 109 May 61 May 32% May l66% 98 Sale 98% May 1 100% May 26 78 H Sale 80% Sale 104% 105 77 % May 102 May 3 80% May 28 3 104% May 26 45# ..... 100M 101H 102 95 102 M 98 H I03M 118% May 103% 101%, May Sale 101%'May 103% 101% May 109% 108% May Sale 48 May 97% May 18 98% Sale 103 103 %-——«•« , 106 21 117 92% May 104% May 1022732May "18"" 19 May U7H 116% May 109% May Sale 110% May Sale 103% May Sale 115% May 96% 94% May 93 % May Sale 108 105% May Sale Sale Sale 115M Sale Sale Sale Mar. Apr. 105% Mar. 103% Mar. Apr. Apr. Mar. Apr. Apr. 100% Apr. 107% Apr. 48 May 23% May 99 Apr. 97% Apr. 73 101 104 109) 118) 111) 108) 105) 110 128) 106) 108 108) 109) 73) 46) Jan. Jan. Jan. Jan. Jan, Feb. Jan, Jan. Jan. Feb. Jan. Jan. Jan. Feb. 21 21 16 18 6 6 5 19 4 29 12 15 16 4 7 3 101] Feb. 4 Jan. 11 100 May 20 Jan. 25 83 Jan. Apr. 20 108% Jan. 97% May 18 103 Jan. 19 6 15 102% Apr". "28 i07%"Janr""7 116 i02%May"26 i02%"May"20 117M 118M 117% May 117 Sale 116 115M 119 103 102*93zMay 103H 96 95 May 98 96% 98 93 100 95% 97% 94% May 94 % 94% Sale 105 108 104 98% May 28 Mar. 87% May 106 115 100 105 118 101 101 17 14 Jan. 103% 103% 103 May 3 93% 87% May 20 107% 106% May 21 Sale 115 May 4 Sale 107% May 3 Sale 104% May 1 Sale 101% May 4 Feb. 8 Feb. 15 Feb. 8 103 105 103 103 X Jan7"~0 20 100% Feb. 20 Jan. 20 15 112 Feb. 8 8 85 May 17 126 96 H 97 M 92% 106 H 107 M 106% 113 117 115% 107 X 108 H 108% 104 X Sale 105% 101M 101M 103% 104 X 108 105% 118 120 119% 101H Sale 102% 103 101H 103 101H Sale 102% 108 H 109 M 109. 59 H Sale 24 31H Sale 5 11 100% Jan, 21 120% 122% 118% May 11 120% May 20 105 no% I03w Mar 100% Feb May llH Apr. 97 May 100% May 101% May May 4 120M 116% May 20 130 Sale 104% May 20 107% May 14 May 19 1413 May 17 1173 103 104 98 % Sale 108 109 Tidewater Assoc Oil deb 3 Mo—1952 Tokyo Electric Light (Ltd) 1st M 6s S Series......June 151953 148,000 60,000 Toledo 8c Ohio Gent ref Ac imp 3%a *60 126 H Sale May May May May May May May May May May May May May 101% Feb. 99% Jan. 91% Apr. 92% Apr. 87% Apr. 87% Apr. 87 Apr. 96% Apr. 106% Jan. 102% Mar. 117H 121 104 % 104 % 101% 102 M 105 % 1 105% May 20 102 102 103 M 103 % 93 S'western Gas 8c Elec 4s 95 89 Sale 105 M Sale Sale 80 Sale 99 101% Sale 105 102 J St Louis Dlr 1st g 4s.........1951 J Bast Tenn reorg Hen As—..1938 M S Mobile 8t Ohio coll tr 4s...—1938 M S Southw Bell Tel 3 Ms series B....1964 J D 98 H Sale 93 M 95 M 94% May Sale 88 May Sale 89 88 May Sale 87 H Sale 87% May Sale 99 M Sale 99% May 107% 107 U 108 M 107% May 101«32 Sale UN Sale Sale MN 443,000 1,000 94,000 79,000 102,000 71,000 69,000 457,000 93% Sale So Pac off Calif 1st cons As......1937 MN J South Pac Coast guar 4s........1937 J 543,000 252,000 207,000 5,000 21,000 Sale Sale 99 M Apr. 14 118 May 12 123 Mar. 10 Mar. 8 117" ""May" "3 116 103 101% Jan. 28 103% Apr. May 4 98 May 24 94% May 10 May May May May May May May May May May May May 90 90 2 Jan. 4 100 Mar. 10 Mar. 22 95% Apr. 20 85% Jan. 28 3 104% May 3 102*732May 19 May 4 25 116% Apr. 10 109% Apr. Mar. 21 110 Apr. 27 103 18 111% Jan. 93% Apr. 20 92% Apr. 25 4 105% May 9514 Apr. 17 107% Apr* 30 106% Jan, 27 23 121' 114] 116] 109] 116) 101) 101) 107) Jan. Jan. Mar. Jan. Jan. May Jan. 25 Jan 11 4 Jan. 7 10 15 7 18 2 Sales in May Value EXCHANGE-BONDS N. Y. STOCK 30 Jan. 2 N. Y. STOCK EXCHANGE $ 1453 274,000 United Drug Co (Del) 6,000 UNJRRfc Canal Co gen 4«.— 1944 77,000 •{♦United Rye St L letg 4e ..— 1934 US Pipe & Fdy conv deb 3%«— 1946 310,666 U 8 Rubber let Ac ref Be aeries A.. 1947 14,000 ♦United Steel Wka 1 *%s — A-. 1951 1951 3,000 ♦6%a eerlea G— —. 27,000 ♦Sinking fund dob t%s aer A.. .1947 .1944 178,000 Utah Light 8c Trac let Ac ref 8a_. 316,000 Utab Power Ac Light let 9a...... .1944 262,000 {♦Utilities Pow Ac Ltg deb g 0%i. .*47 .1959 ♦Debenture 5a_. 464,000 Sale 109 J 28 "M* MS J J 150 Sale J D 27 *27% 103 % Sale J D Sale Sale F A Sale Sale Sale {♦Wabash Ry ref Ac gen 5%s A ♦Certificates of deposit..... F A J J 1 J I J A O .1941 MS .1975 M S ♦Ref Ac gen 5s (Feb '33 coup) B. 1976 F* A ♦Certificates of deposit..... 1978 AO ♦Ref Ac gen 4Hs series C Sale Wash Cent Ry lat g 12,000 2,000 21,000 13,000 15,000 3,000 63,000 652,000 151,000 53,000 188,000 154,000 101,000 177,000 466,000 396,000 30,000 157,000 17,000 10,000 6,000 388,000 63,000 24,000 M S MS M F A 4s.........1948 Q M 3%S—.—1N5' 40-year guar 4s...........1945 Wash Term 1st guar F F lat Wash Wat Pow 1st ref 5a .......1939 J Westchester Light gold 5s 1950 I West Penn Power 5a aeries E A 35H 109% Sale Sale 103 J H——1961 3%s series I——1966 J 96 85 ♦Assented M 102 77 67 J J S 1950 ......1951 J 5s....... —I960 ♦Westphalia Un El Pow 6s—-—1953 West Shore 1st 4s guar.........3361 Registered.... .—.—3361 Wheeling Ac Lake Erie Ry 4s D..1966 Wheel 8c L Erie RR 1st con g 4s..1949 Wheeling Steel Corp 4%s aer A..1966 White Sewing Machine deb 6s... 1940 {♦Wlckwlre-Spencer Steel 1st 7S.1935 Ctfa dep Chase Nat Bank....... {♦Wlckwlre-Spen St'l Co 7a.Jon 1935 Ctfa dep Chase Nat Bank..... Wilkes-Barre Ac East 1st gu g 5s.1943 Gold 5s.—. — 76,000 41,000 1938 12,000 Wllmar Ac Sioux Falls 1st 5s 151,000 Wilson Ac Co 1st M 4s ser A...—.195 D M S 71 97% 99 97% 40% Sale 39% 40 39% 39% P 40 97% 85% 99% Sale 94* 51% Sale 79% 77% 102% 110% 109 81 ..... 108% 109% 108% 109 Sale Sale 104% 105 111% 112 107% Sale 108% Sale 97% Sale 94 95% Sale M S 106 112% 113 102% 102% 104% 104% J MN - 35 36 I J D J J 38 {♦Wisconsin Cent 1st gen g 4S..1949 ♦Certificates of deposit.—. 32,000 72,000 ♦♦Sup Ac Dul DIt Ac Ter 1st 4s. 1936 MN ♦Certificates of deposit....... 29,000 115 27 35% Sale 31 32% 25% Sale 21 Conv deb 3% 8 1st mtge a f 4s series i""j 22% Sale 138 Sale —.—.1951 F A 128J C.........1961 MN 1043 t Accrued interest payable at the exchange Sale 34% Sale 65 36% 34% Sale 101 "28" Sale" 28 20% it* 19 17 28 22 25 19% 18 28 141% 134% Sale 101% Sale Sale 35"'May"27 34 32 32% 30% May May May May May May May May May n 4 1 40 "May May May May May May May May 81% May 96% May 1 95% May 28 49 May 67% May 3 4 109 May 15 110% May 27 108 May 14 118% May 15 119 May 27 109% May 11 3 1 104% May 24 Mar. 3 6 113% Jan. 5% Jan. 4 «• Mar. 41% Jan. 109% Jan. 67 Jan. 110 107& 27 15 17 12 11 30 Feb. 27 Feb. 10 Jan. 8 Jan. 16 X8B Jan. 21 Jan. 22 106% Feb. 81 Apr. 3 71% Jan. 8 86 74% May 62% May 97% Jan. 35 May 34% Apr. 34 May 32 May 5 99% Jan. 27 44% Mar. 8 41% Mar. 6 Mar. 17 44 41 Mar. 5 43% Mar. 6 39% Mar. 10 44 Mar. 17 Mar. 31 40 109% Mar. 16 Feb. 90 8 99% Mar. 12 May May May Apr. Apr. May Apr. 100*4 93% Apr. Jan. 25 Jan. 44% May 61% May 76 80 Feb. 14 Jan. Feb. Feb. 14 Jan 22 10 9 102*1 7 110*4 Jan. 112*4 Feb. 25 108*4 Jan. 13 101% Mar. 104% Apr. 110% May 104% Mar. 116 117 Apr. 110% Apr. 16 127*1 123*4 109*j 109*1 Apr. Apr. 106% Feb. 102 Mar. Jan. 9 Apr. 30 Jan. 8 5 99% Feb. 107% May 28 105% Jan. 106% Jan. 7 12 108% May 35% May 35 May 102% May 102% May 102% May 101% May 23 May 93% May 87 May 106 May 110 May 101 May 103 May 111% Jan. 23 40% Feb. 19 3 3 22 8 38% May 3 104% May 32% May 19 May 27% May 103 % May 99% May 33] 111 Mar. 90% May 81% May 82% Feb. 100 Apr. 1 3 7 32% 25 30% 1 34% 3 35 20 104 26 77% 94 13 27 27 27 3 15 25 May May May May May May May May May May May May May May May May 31 20 9811 Jan. 10% Apr. 77 6 5 4 13 4 1 20 17 10 24 May 18 39 13 35% May 27 103% May May 17 101 May" 17 24% May 24 17 May 18 17 May 17 32% 32% 101% 98% 7 39" 104 Jan. 11 Jan. 4 111 Jan. Jan. 6 Jan. 19 Apr. 97% Apr. 103 102% May 105 98% May 98% May 19 Mar. 90% Apr. 86% Mar. 105 106 Mar. 32% May 19 QQ 7 107% Jan. May May May Apr. May 107 109 25 100 96 106 113 M May 4 26% May 7 20% May 4 17% May 25 May May 14 144 100% May 1 101% May 106 31 29 132 a Deferred delivery sales, only transactions of the current month, and not included in year's range.\_J> ;; 74% May 10 64 May 24 26 40 15 35% 26 38% 25 30% 28 40 3 35 3 105% 94% May 3 44% May 17 61% May 27 May May May May May May May Jan. 47 May 18 47 May 13 62 May 27 103% Mar. 17 103% 106% Mar. 24 May 24% Mar. 17 May 16% Apr. 25 2 Mar. Jan. Jan. Jan. 3 20 13 Mar. Jan. Jan. 17 35% 32% Jan. 25% Jan. 24 6 Mar. 8 Jan. 12 Feb. 26 Jan. 9 27 18 23 6 Feb. 6 Jan. 18 Mar. 8 Jan. 7 2 8 4 7 123% Jan. 27 162% Mar. Jan. 98% Mar. 23 105 ft"#-; .'V jate of $4.8484 to the £ sterling. { Companies reported as being in bankrutpcy, teceivership, or being reorganized under Section 77 eithe Bankruptcy Act, or securities assumed by inch companies. * Negotiability impaired by maturity. ♦Bond selling flat. 1 Called for redemption. 36 33 95% Sale 60% 41 20 15 24 Youngstown Sheet Ac Tube— 257,000 447,000 32 30 35 38% 103% Sale 103% 104 100% Sale 100% Sale 105% 63% 102% 103% 132*666 M 36 Sale 37% Sale 113 May 8 84% May 12 95 38 32 Sale 107% 107% 109 99% Sale 99% Sale 102% 105 102% 104 36% 61% 105% 1 4 74% May 10 62 % May 5 Sale 104 107% Sale 108% 107% 108% 107% 33% 34% 35% 33 32% Sale 34% Sale Sale 102% 103% 102 Sale 102% 101 I6l% Sale 101% Sale Sale 100% Sale 101 20% 20% 21% 24% 92% Sale 92% Sale 89 86% Sale 106^" 107 106 107 106% 110%'111% M 68% 97% 35% 103% Sale Sale 106% 107 38 38 "34"" 48 49 68 May May May" " 1 110% "95*" "73% 8 ., May 19 3% Apr, 4 Mar. 27% May 5 21% May 108% May 27 104% Mar. 57 *59% May 4 Apr. 103 May 11 1031 Apr. 94 97% May 7 Apr. 104% May 26 101 Apr. 103% May 90] 813 4 22 May 79% "62% 7 5 36 Jan. 11 4 170% Mar. 9 2 107% Feb. 18 Mar. 3 24% Mar. 19 32] Mar. 3 22 Jan. 14 32 96% May 21 105% Mar. 2 Jan. 21 May 28 106 Jan. 2 May 14 69 May 14 67% Jan. 27 105 58 May 103 May 94% May 75% 101% "96"" 101% 105 109 107% 108% 107% 109 110% 110% 107% iio"" 106% 107% 107% 118 118% 119% 120% 118% 117 % 115% 117% 119 109 108% 108% 104% Sale 104% Sale 104 110 106 Sale Sale 93 83 28) 993 May 4 May 24 May 19 May 24 May 5 May 1 May 1 May 1 77 —... 22 A Sale 28 26 111] May 106% May Sale 46 J F Sale" 73 J MN 1 1075 3% May 31% 104% 40 Sale J 8 May" "21% "May 27% ilH 33% 36 §1^ 35 27% Sale" 104% 105"" 104% 77% Sale 90 94% 95*1 97, 94% 94% Sale Sale" I I Sale 3A* Sale" 40 Sale J Winston-Salem S B 1st 4a.......1960 {♦Worcester AcConn East Ry 4%sl943 66 126% Sale 122% 123% J Western Union coll tr 5s........1938 J MN Fund Ac real eat Gold "78% *80** 112 .................. 4Hi gold 84% 88 A J West Maryland 1st g 4s.........1953 A O J First Ac ref 5H» series A......1977 I West N Y Ac Penn Gen gold 4s—1943 AO {♦Western Pacific 1st 5s aer A—1946 Sale 82 Sale Sale D 1963 M 8 lat mtge g 4a aeries 1st mtge S 106% Ul„ May 21% Sale 106% 108% Sale 60 59% 56' 103% 105 96% Sale 96 Sale 104% Sale 95% May 19 103% Jan. Jan. May 5 114 27% May 148 Jan, 105% Apr. 96% May 21 98% May 28 102 50 May 14 57 49 May 14 55 Sale Highest Sale Prices 111 3 11,000 65,000 ♦Certificates of deposit. ... 10,000 .1980 AO ♦Ref Ac gen 5s series D 107,000 ♦Certificates of deposit.... 10,000 183,000 Walker (Hiram) G Ac W deb 4%a,*1945 J D 287,000 Walworth Co 1st mtge 4s....... ,1955 A O 6s debentures——————— 1955 A O 16,000 267,000 Warner Bros Pictures cony deb 6sl939 114,000 {♦Warner Quintan cons deb 6a. .1939 83,000 {♦Warren Bros Co deb 6a—..1941 Warren R R 1st ref gu g 3H«— ..3000 May 8 95% May 19 100 May 5 May 5 111 27% May 5 33% May 10 25% May 7 26 May 19 25% May J 110% 2% ■ 111 105% 102% 103% 102 99% 4 Sale Prices Sale Sale Sale Sale Sale 10551 Lowest Sale Prices Sale Prices Highest "29% "26% J FA .1939 MN 148*666 150 Sale 30 26 1949 M S .65% ^70 16,000 Valron Coal 8c Coke lat g 5a.. J J 112 115 i 1,000 Va Ac Southwest lat guar 6a.. ...3003 A O 98 100 First cons 5s.———— ...1958 19,000 M S 106% Sale 482,000 Virginian Ry lat Ac ref 3%s aer A. 1966 129*666 110% 112 28% Sale Sale" A O I 11,000 ♦♦Vera Crus Ac Pacific lat 4Me. ...1934 j""j ♦♦J uly 1914 coupon off.. . 167*666 ♦Vertientea Sugar 7a ctfa..... —1942 J D M N 187,000 Virginia El & Pow 4a aer A.... ...1955 ♦Tol Ac Chic Div 1st g 4a. 112 Sale ID A O 94,000 Vanadium Corp (Am) con? Be. ...1N1 ...1955 F A Vandalia conaol « 4a A. Coneol 4a Serlea B_*_—...... ...1957 MN "i",666 340,000 {♦Wabash RR 1st gold 5a.. ♦Second gold 5s............. .1939 72,000 ♦1st Hen 60-year gold term 4a .1954 ♦Dot Ac Ch Ex 1st g 6a........ .1941 .1939 ♦Dea Moines DIt 1st g 4a 6,000 ♦Omaha DIt 1st g 8%a—., .1941 6,000 Ask Sale Ask Bid Bid Ask Lowest May 28 May lj 1937 •-•ft. RANGE SINCE JAN. 1 PRICES IN MAY Price BONDS e The z The following deferred delivery sales were trans, acted during the current month and are not ■ Under the rule sales, current month, and not Cash sales, only s Ex-interest. Chesapeake Corp 5s 1947, May 11 at 124%. only transactions of the included in year's range. transactions of the current month, and not included in year's range. r following cash sales were transacted during the current month and are not in¬ cluded in the monthly or yearly range: included in the monthly or yearly range: No sales. York Stock New Exchange MONTHLY AND YEARLY RECORD RANGE OF STOCK PRICES DURING MAY 1937 Stock Sales May Jan. 1 to May 30 Id accordance with jots except in the • ___ NOTICE.—Cash and deferred delivery sales are disregarded in the AGGREGATE May 1,500 60 2,300 23,100 1,900 6,800 2,200 20,600 10,600 "' ""v 10 16,100 108,900 10,200 1,400 300 4 300 7,200 "T,806 7,300 15,500 16,000 32,200 r: 1,000 f; 62,400 1.400 10,100 2,800 6,000 6,200 12,500 330 10,100 230 20,406 1,400 9.100 1,100 9,200 900 2.400 Abbott Laboratories.....—* 540 Abraham 8c Straus.........* 60 ... ... 80 Alabama 8c Vlcksburg Ry.100 199,200 Alasxa Juneau Gold Min.10 848,700 Allegheny Corp.......— * Pref series A130 warr'ts .100 118,100 9,800 600 33", 165 9,500 10.000 1,600 5,600 20,900 3,100 5,100 6,400 900 7.700 10,600 2.500 11,900 4,600 21,300 1,200 550 58.300 7,700 11,600 97.800 30 73,000 3,500 6,300 3,280 79,000 1,600 7,524 1,700 80 74.000 1,750 159,200 4,700 4,200 1,000 12,200 36.600 78 Sale 7 4 Sale ■ 12% Sale Sale 4 % Sale 45 % Sale 47 43 47 42 % Sale 38 Sale Sale Sale 100 4 50 Alpha Portland Cement * Amalg'mLeathei Cos,IncNewl 6% cum preferred.......50 Amerada Corp _.......* Amer Agrlc Chemical (Del).* American Bank Preferred 155,100 126,400 137,800 2,350 288,700 v.);; 7,000 l>4te....._10 50 ......... . Am Brake S & F _....* — 5% % conv preferred....100 Sale 12 3% Sale 47% Sale Sale Sale Sale 50% 51 48% Sale 42% 40 41% 36% Sale *33% Sale 48 til 47 106 21 Sale 225 31% Sale 17 % 83 % Sale 85 Sale 78 k 2m H 34 36% 19% Sale 20% Sale 228% 230% 232 25% 22% Sale 25% Sale 102 81 83 % 40% Sale 67 66 139 69% 141% 117 Sale 68% 17% Sale 81% 80% 65% Sale 28% 32% 6% Sale 39 Sale 101% Sale 88% Sale 25% 26% 61 63 Sale 16% Sale 78 Sale 60% Sale 26% 27% 5% Sale 39 41% 94 ; 94% 94 Sale 24% Sale 64H 61% Sale 130 Lowest Highest Lowest Sale Prices Sale Prices 46% May 60 May 74 May 16% May 24% May 29% May 2% May 67% May 2% May 97 May 11% May 2% May 43% May 44% May 49% May 35 May 33 May 49% May 4 63 May 11 80% May 5 18% May 25% May 32% May 2% May 76 May 3% May 97 May 11 12% May 7 4% May 7 52 v May 8 51% May 8 50 May 10 43 % May 8 37% May 7 19 17 18 18 13 14 13 18 17 11 13 28 27 28 7 27 18 _ Sale Sale 130% 138 138 19 May May 22% May 732 May 15 May 78 May 58% May 218 21 21% 18 234 28 27% s32 27 14 17% 28 81 13 65% May 5 May 25 May 5 May 27 May 5 May 4 May 1 29% May 10 27% May 4% May 38% May 90 May 83% May 21% May 61 May 61 May 126% May May May 101% May 94 May 26% May 64 May 64% May 132 May 4 4 1 28 5 17 26 11 Preferred ......100 .... 172% 173 Sale * .......100 Preferred 59 95% 99 * 100 73 74 f Chain...— Preferred ...— * American Chicle Coal 6 15 Jan. 4 24% 29% 2% 67% 2% May May May May 117% 11934 98% 25 18 Sale Sale 35 Sale 35 25 41% Sugar Co....10 Sale ....100 Sale 96 Amer Encaustic Tiling....-1 Sale 24 25% 26% Sale Amer Crystal 1st preferred Sale 12 156 300 52 ; Sale Sale 23% Sale Sale 45 Sale 48% 18% Sale 40 1 Sale Sale ... 19 Sale Sale Sale Sale Sale 14% 46% Sale Sale 105 21% 9% Sale 47% 109% 109% Sale Sale 9% Sale 49 Sale Sale 63 Sale 61 Sale 52 Sale 182 Sale 34 88 Sale 150 107 65% 101% May 7 157 May 27 57 May 5 91 May 1 93 May 5 137 May 4 *106 May 28 Mar. 6 4% Jan. 80% Jan. 26 7 5% Jan. 25 Apr. 29 Mar. 11 100% Jan. 22 15% Feb. 25 2% May 28 5% Feb. 18 43% Jan. 2 59% Feb. 11 Feb. 11 43% Jan. 5 59 43 Jan. 4 58% Feb. 17 97 11 % Apr. 29 35 May May Apr. 19 May 218 May 22% May ?32 May 15 May 78 May 58% May 27 52% 18 45% 26 110 21 23% 18 258% 28 33% 27 '32 14 21 % 28 85 13 83% 27% May 4% May 34% Jan. 90 May 39% 8% 52% 114% 101% 41% 75% 80% 33 Jan. 83 21% May 59 Apr. 57% Apr. Mar. 125 Feb. 18 Mar. 15 Jan. 26 Apr. 12 Mar. 9 Jan. 16 May 27 Mar. 6 Mar. 9 Jan. 22 Jan. 28 Mar. 13 Mar. 15 Mar. 11 Jan. Jan. Feb. 22 16 Feb. 4 18 Feb. 160 18 1% Mar. 31 95% May 121 Jan. 9 152% Apr. 50% May 87 Apr. 174 Jan. 9 Feb. 104% Feb. 4 72 115 Jan. 98 71 Jan. Apr. 27 114 65 Sale 10% Sale 67% Sale Sale 55 Sale 22% Sale 151 35% 29% 23% 50% 85% 142 156 165 Sale Sale Sale Sale Sale Sale 144 149 30 Sale Sale Sale 106% 105% Sale 60. Sale 59 61 Sale 55 111% Sale 110 : "25"" "26"' 54% Sale 137% 140 23% 24 185% Sale Sale Sale 147 2% 20% 45% 130% 22% 162% 79% 111% 128 Sale Sale Sale 2 4% 4% Sale Sale 130 Sale Sale Sale 17% Sale 14 Sale Sale 3% 26 Sale 20% Sale Sale 103 94% 6% 4% 102 9% Sale 65 Sale 6% Sale Sale 9% 10 63% 66 13% Sale 100 46% 94 99 Sale Sale * ■A'. ■U'" • - -' 9% May May 24% May 44 May 18% May 8% May 18% May May : 16% May 7 May 39% May 42 May 3 May 20% May 13% May 42% May 107 May 20% May 9 May 45% May 115 May 63 May 8% May 53 May 43% May 20% May 156 May 31% May 28 May 22% May 44 May 79% May 142 May 105% May 57% May 132 May 110% Sale Sale 46% 131 Sale Sale 10% May 5 12% May 24 54 37 8% 0% 2% 9% 3% 5% 1% 81 19% May 5 25% May 5 28% May 10 96 May 1 Apr. Jan. May May May ; Jan. May 8% 8% 9% 1% May May May May May May May May May May May May May May May May May 44 45 May May 4 99% Apr. 20 148 Apr. 20 *106 May 28 58 Jan. Mar. Jan. Mar. \ "62% "May" "4 2 Mar. 28 Jan. 18 Mar. 7% Jan. May 18% May 37 May 20 16% Apr. f~ 6% Jan. 37% Jan. 42 May 2% Jan. 17% Jan. 13% May 4 Jan. 22 Jan. 18 Jan. 22 Jan. 58% 22 Feb. 5 Mar. 13 Mar. 13 Mar. 3 Mar. 16 Feb. 15 Mar. 11 Jan. Feb. Feb. May May Apr. May May 4 5 Mar. 8 Jan. 20 May May Mar. 10 Feb. 1 Feb. 15 Jan. 13 Jan. 18 May Jan. Mar. May Apr. May Apr. Apr. Feb. 12 3 Jan." 2l Mar. 11 Feb. 3 Feb. 30 Mar. 19 Jan. May Apr. Apr. 7 May May Jan. Jan. 29 Jan. , Mar. 11 Jan. 28 Jan. 21 20 14 56% May 22 48% May 14 3 lll,532May 22 109% Apr. 7] 3 % May 2% Apr. 26 12 3 27 22% May 7 May 27 14 47v May 21 May 14 25 130 May 4 May 17 1 14 25% May 22 Mar. 23 18 171 May 4 Apr. 28 ] 18 80% May 6 May 18 18 82% May 5 May 18 13 134% May 25 May 13 1 18 15% May 11 Apr. 28 18 20% May 5 May 18 21 97% May 13 May 21 1 18 10% May 6 May 18 18 65% May 4 May 18 5 Jan, 2 18 14% May May 19 21 Jan. Jan. 54 25 3 Mar. 31 45 3% May May 14% May 42 49% May 109% May 14 107 23 May 7 20% 9 10% May 4 52% May 6 45% *117 May 20 115 64 May 10 62 10% May 4 8% 53 66% May 57 May 43% 23 May 20% 156 May 153 36% May 31% 31 May 28 26 May 28 22% 52 May 4 41 91% May 28 79% 143% May 3 138% 105% May 18 105 60 May 1 57% 133 May 10 132 25 190 190 57% Sale 13% 22% 25% 92% 8% 10% 225 Sale Sale 17 15 13 28 18 18 7% May May Sale "19% May May May May May May 45 133 ■ST¬ For footnotes see page 40 16% 22% 25% 92% 8% 10% 140 97 146 ......... Sale Sale Sale 95 ............ Sale 41% Sale 43% Sale 115 .... ..... Sale 25 Sale .... ....... 50 17% Sale 8% Sale 41% 42% 45 42] Sale 3; ......... ..... 53 125 68 Sale — v 300 Sale 9% Sale Sale * 146,100 American Ice Preferred ......100 44,900 151,600 Amer Internet Corp.....—* * 161.700 Amer Locomotive Preferred.. ..100 23,800 205,700 Am Mach Ac Foundry.—....* 130,600 Amer Machine Ac Metals.... * 256,700 American Metal 4,300 6% Conv preferred.....100 6,270 American News N Y Corp...* 970,400 Amer Power 8c Light........* 49 400 >6 preferred .._......* >5 preferred...... ....* 73,600 1,002,500 Am Radiator Ac Stand San..* Preferred ......100 1,070 1,180,100 American Rolling Mill--—25 29,800 Am Safety Razor new...18.50 ..* 72,300 American Seating Co 25,920 American Shipbuilding ....* 568,300 Amer Smelt Ac Refining, Preferred Hi 8,200 36,124 T 2d Preferred 100 ....25 12,800 American Snuff Preferred 900 100 275,800 Amer Steel Foundries.... 100 Preferred.. 5,080 376,800 Rights. ..J. ; 38,000 American Stores......... 44,400 American 8ugar Refining. TOO .100 Preferred 5,600 33,400 Am Sum Tob 236,900 Amer Telep Ac Teleg...... 100 14% 13 Sale 101.600 2d pref A. 128,600 Preferred (6) * 31.800 48,700 Am Hawaiian Steamship.._lt 470,800 American Hide & Leather ..1 57,400 6% preferred ...... 50 . Sale 9% Sale 300 Preferred... 30,600 Amer Home Products Sale Sale 13 Securities.. * 180 American Express Co 100 • 983,300 Am Ac Foreign Power Am European . Sale 95% May 150 154 : 155% 158 152% May Sale 56 Sale 56 50% May Sale 91 May 85% 90% 88 86 Sale May 89 91% Sale 126 133 140 137 132% May 99 May Sale 98% 99% 106 99 99% Sale Sale 29 10 ....20 American Colortype Am Com Alcohol 13 14 13 18 69 84% Apr. 20 22% Mar. 11 28% Feb. 3 36 Jan. 9 Alleghany of Co County, N J—.........25 6% 10 63% Jan. Sale Prices 55 Mar. 8 % Apr. Amer Car Ac Foundry American Feb. 58 Rights American Can............25 t Highest 46% May 19 103 732 59 300 American Tobacco....... -25 "3",406 Sale 14 % -25 Class B 171.300 .100 Preferred 9,700 Amer Type Founders new. 321,200 ...* 585,800 Am Wat Wks Ac El I~* 1st preferred 4,500 258,400 American Woolen........ ...» .100 Preferred..: 163,200 ./... 1,291,700 Amer Zinc, Lead Ac Smelt....1 Preferred.............. .25 2,100 >5 prior preferred...... -25 40,100 8,000 6,800 54,100 Sale 68 21,000 3,500 26,900 59,700 400 lh §* «§* 9,800 • 65 Sale ....— 30 120 Sale 25 26% 31% Sale 42 ♦ 95,000 Allied Mills Co Inc 16,000 Rights 693,800 Allied Stores Corp * 18,400 5% preferred 100 406,000 Allls Chalmers Mfg .....a..* 58% Ask 65 Sale 25^ Sale 36 3514 3 % Sale 100 prior conv pref Bid 48 £ 69 63% 15 % Pref series A >30 ex-war .100 Pref series A >40 warr'ts 174.200 Alleghany Steel * 30 Allegh 8c West Ry 6% quar 100 —1 4,500 Allen Industries Inc 65,500 Allied Chem 8c Dye...._..._* 32,400 309,900 27,300 79,200 41,600 81,200 2,430 70,900 3,130 243,900 219,500 6,300 104,300 16,300 107,200 8,400 8,000 RANGE SINCE JAN. 1 Sale Prices May 28 May 1 6,700 25 45,100 Acme Steel Co......... 323,000 Adams Express * * 16,100 Adams Mlllis 44,600 Addressograph Multtgraph 10 50,600 Advance Rumely—........ 111,000 Air Reduction Inc..... 139,300 Air-Way Biec Appli Corp * >2.50 basis of 100-ehare 2 Ask Bid Am 4,200 3,100 8,400 Jan. Par 19.300 11 500 41 600 are on month's range, unless they are the only transactions of the month, and when selling outside of the No acoount is taken of suoh sales In eomputlng the range for the year. 1937 Shares •r:v Prices Price Jan. 1 Shares ...1,525,455,000 PRICES IN MAY STOCKS N. T. STOCK EXCHANGE Since May 30.. the month In which they ooour. are shown In a footnote in SALES In Jan. 1 to 1936 $200,410,000 1,567,822,000 only In a small way. case of stocks which sell regular monthly range 1937 $179,649,000 Oct. 3 1915. all stocks are now quoted dollars per share, rule of the Stock Exchange. effective a Bond Sales. May... 20,613,670 239,325,893 18,549,189 212,421,734 _ / 1936 1937 Shares _ . 13 1 Jan. 7 Jan. 5 Apr. 20 Jan. Jan. i 14 Jan. 11 13 Jan;. 25 Jan. 8 Jan. 28 Feb. 4 Jan. 26 Feb. 3 Jan. Feb. Jan. 13 1 18 Jan. 12 Feb. 23 Feb. 23 Feb. 23 ■ ; y-:' N. T. STOCK EXCHANGE-STOCKS 32 ^LQQREQATE SALES In May PRICES STOCKS N. Y. STOCK Since EXCHANGE Jan. 1 50 * Corp.......-..* Preferred —---* Andes Copper Mining Co..20 53 Anaconda Copper 15 400 Anaconda Wire & Cable 103,600 I,990 17,100 230 1,000 2,200 4,500 ' 450 2,400 104,100 2,500 12,000 2,326,600 31,400 3,600 96,400 54,500 67,900 300 90 149,700 5,100 13J00 400 Anchor Gap 32,400 A P W Paper Co 31,300 Archer Daniels Mid.... 230 17,200 3,700 2,300 * 100 Preferred Armour 100 .....5 preferred..* (Del) pref_. Armour of Illinois $6 convertible 100 * Arnold Constable Corp..—5 Artloom Corporation * Preferred Armstrong Cork Co —iw rreferroa Goods..—-1 1st preferred...........100 2d preferred ...100 Associated Dry 280 5.600 Associated Investment Co..* 1,980 5% pref with warrants..100 100 478,900 Atchison Top Ac S Fe Preferred ...100 26,100 100 237,100 Atlan Coast Line RR "l'loo 480 153,000 _ 5,200 27,800 3,300 • 13,000 Atl G Ac W I SS Lines Preferred —.—100 9,200 25 418,700 Atlantic Refining 4% conv pref series A... 100 4,700 293,300 Atlas Corp —...—1 25,800 6% preferred.....——50 .....—* 18,700 Atlas Powder... Preferred ...—100 1,290 25,400 Atlas Tack Corp..........—* 108,800 Auburn Automobile —...—* 55,100 Austin, Nichols Ac Co ....—* Prior A .....* 5,370 676,900 Aviation Corp Del (The) new 3 1,700 29,500 700 45,000 2,900 2,400 140 700 6,700 2,700 290 46.500 900 526,500 £ Baldwin Locomotive Works* Assented..... 298,700 Preferred ....——...100 22,400 Preferred assented.... 20,800 1,504,700 Baltimore Ac Ohio........100 Preferred 100 177,300 50 11,900 Bangor Ac Aroostook.. Preferred ...100 4,200 339,100 Barber Co Inc.............10 * 50,500 Barker Bros—......... 5)4% preferred..........50 7,300 ...—5 893,400 Barnsdall Oil Co * 74,300 BayukCigars. Inc new.. 1st preferred...........100 290 33,000 Beatrice Creamery........25 $5 preferred w w.........* 5,400 80 440 Beech Creek RR Co.—..50 1,100 3,900 6,600 Beech-Nut Packing.......20 93,200 Beldl n g-Hemlngway ........* 1,000 Belg Nat Rys part pref 35,400 18,500 1 900 . ...... 800 138,200 8,100 1,700 ...... 430 400 49,500 4,700 80 ;; 2,9oo ; 300 ...... 305 800 Bendlx Aviation Corp 33,100 5 93,000 Beneficial Indus Loan Corp.* * 24,700 Best Ac Co.. 1,224,600 Bethlehem Steel Corp (Del).* 5% preferred..—......20 56,500 7% preferred —100 26,300 18,300 Bigelow-Sanford Carpet Inc * * 61,000 Black & Decker Mfg Co .__——* 320,700 Blaw-Knox 11 500 900 ........... 128,100 4,700 3,700 1,900 4,700 23,800 * 900 Bloomlngdale Bros. ._.—__* 1 90 810 i • Blumenthal Ac Co pref....100 446,900 Boeing Airplane Co 25,900 4,500 140 —5 38,100 71,500 5,500 1,100 5 65,400 Bohn Alum At Brass Corp * 4,640 Bon Ami class A..... Class B * 6,320 ...15 296,400 Borden Co. (The) 5 99,600 Borg-Warner Corp new 100 74,000 Boston Ac Maine 29.200 tBotany Cons Mills A......50 48,700 . 523,500 Bridgeport Brass Co 600 ......... 2,000 3,100 10,200 2,800 45,500 5,100 7,300 22;200 187,900 13,300 56,700 ^ 9,700 120,200 239,700 1,690 605,100 5,300 383,100 152,600 60,700 163,600 100,700 16,990 900 6,600 12,300 130 : 40,400 200 19,200 5,100 6,900 16,200 5,800 ; 700 * Preferred Bklyn-Manhattan Transit ..* SO preferred series A....—* 11,160 88,000 69,500 1,700 1,455,400 871,200 76,700 587,700 500 48,500 64,800 10,800 31,600 90 ;r. ; 160 18,400 6,200 ; •: 900 4,600 880 2,800 27,000 240 . 2,100 1,100 3,600 10 107 20 10954 105 25 42 Sale 11654 120 11 Sale Budd (E G) Mfg * Preferred 7% Budd 101 Wheel Bulova * Watch * Bullard Co.4..... * Burroughs Add Mach. * tBush Terminal Co......—* 7% debenture.........101 Sale 92 91 102 109 120 63 Sale 1254 Sale 105 17)4 Sale 91 95 70 Sale' 101)4 10254 45)4 Sale 25 26)4 4054 43 31)4 Sale 112 Sale ~73~~ "76" 130 16)4 Sale 2854 30 7 7)4 36 38)4 6)4 Sale 9)4 Sale 7J4 Sale 754 Sale 6 99 Sale 90 88 90 96 100 3454 38)4 Sale Sale 2154 Sale 33)4 35 40)4 41 40)4 103 Sale . 26)4 26)4 "27)4 Sale" 18 112 Sale 115 24)4 25)4 101)4 40)4 41)4 10854 112 13)4 Sale 101 83 54 41)4 Sale 2554 Sale 2254 Sale 59)4 61)4 7554 Sale 19)4 Sale 12654 127 66)4 Sale 34)4 Sale 34)4 Sale 42)4 Sale 88 90 4354 Sale 2654 Sale "8)4 Sale" 3)4 354 17)4 Sale 53)4 Sale 48)4 Sale 43 44 654 Sale 35 3654 51)4 Sale 102)4 Sale Sale 11054 111)4 1254 Sale 26 25)4 ..... • ' . Fir footnotes see page 40, ~> ' 3834 2654 15 % 108 1234 86)4 2034 21 4734 85 1854 Sale 117)4 11634 54 5334 56 2634 3034 31 116 24 Sale 25 26 24 84 25 3034 89 % Sale 43)4 90 45 Sale Sale 12 Sale 87 3754 4234 8634 4454 2)4 Apr. 10 18 Jan. 4 46 4154 454 2334 3334 Sale 754 Sale 141)4 12534 Sale 27)4 Sale 168 39 80 Sale Sale 80)4 36 H Sale 8)4 Sale "37)4 Sale" "n"~ Sale" 103 H 108)4 "8534 May" II 46)4 Sale 1254 Sale 2 254 3154 May 18 40)4 May 14 8534 May 14 43 May 28 24 May 28 4034 May 6 12 May 1 2 % May 18 1754 Sale 15)4 May 14 43 24 45)4 4234 4 1654 Sale Sale Sale 48)4 4434 Sale 26 19 33)4 Sale SalQ 7354 Sale 3054 31)4 46 Sale 46 83 90 19)4 Sale 18 Sale 108 101 954 71 9 Sale 56 34 27 8 3054 -554 2454 7134 2954 40)4 5054 354 1354 1954 17 108 Sale 2034 Sale 110 934 Sale 70 77 % 854 9 5334 Sale 3434 36 2654 Sale 7)4 Sale 1 25)4 2834 30 2934 1334 Sale Sale Sale 60 13)4 Sale Sale 45 28 57 50 Sale Sale Sale Sale Sale 51 Sale Sale 15)4 1554 1454 51 53 51 . May May May May May May May 1234 May May 25)4 May 55 May 12)4 May 48 May 14)4 May 50 H May 26 15 Sale 3 7 4 5 4 4 3 754 May 3 6)4 May 5 100 May 5 99)4 May 3 3534 May 7 40)4 May 7 42 May 21 10334 May 24 34)4 May 1 28 34 May 4 39 May 15 29 )4 May 4 16 May 1 114 May 12 25 May 3 103)4 May 26 42)4 May 4 109)4 May 22 13)4 May 5 8654 May 7 22 May 1 2154 May 8 53 May 3 8754 May 5 19 May 15 11834 May 4 6 5734 May 3154 May 7 25)4 May 4 " May May May 88 May 45)4 May 26 May 47 May 1334 May 2)4 May 90 39 43 21 3 5 13 27 5 27 12 12 17)4 May 25 4614 May 5 15 14 14 13 14 27 13 14 5 13 13 18 13 7 13 26 13 26 32)4 May 15)4 May 31 May 634 May 2454 May 74 May 30)4 May 41 )4 May 5034 May 434 May 1554 May 2954 May 3054 May 55 May 1434 May 50 May 15)4 May 51 May 1 4 4 4 3 5 7 5 11 5 24 12 4 7 7 1 13 19 166 101 834 Sale 160 164 Sale 123 135)4 120 8 854 Sale 168 120 88)4 3634 111 Sale Sale 113 4154 Sale 75 Sale 3454 34 854 Sale 92 154 , Sale 3954 Sale 111 Sale 122 28734 36 111 40 74 41 77 3854 7354 31)4 3354 31 8 Sale 7)4 102)4 Sale 101 102 25)4 30)4 31)4 25)4 Sale 12)4 14)4 1254 16)4 Sale 10)4 1034 11 12 1154 103 1 103 10454 98 H 105 101 23 16 May 21 111 May 6 37)4 5)4 Jan. 8 1034 40 Apr. 26 46 . 11654 May 10754 Jan. 7 Jan. 8154 Jan. Feb. 96 Mar. Feb. 13 Jan. Feb. 12 10 Feb. 18 8 4 121% Feb. Mar. 6 2 111 4 1354 Feb. 27 2 9934 Mar. 1 4 126 57)4 May 11 12 May 7 10 May 15 2 6 Jan. 70)4 Mar. 13 16)4 Feb. 27 1754 Jan. 21 9734 Feb. 18 1554 Apr. 28 2454 Mar. 5 Jan. 28 Jan. 5 101 78 114 9 125 Mar. 24 ,5734 May 28 106 Jan. 4 9454 Apr. 30 104 55)4 «an. 26 29 May 21 Jan. 4954 9354 79)4 96)4 44)4 1954 3054 9 Mar. Feb. 18 18 Feb. May 7 Feb. 7 Mar. 17 Mar. 13 18 Jan. May 17 44 May 19 52)4 Mar. 25 Mar. 11 May 13 37 6 May 21 116)4 Feb. 18)4 Mar. 6 15)4 May 18 50)4 May 14 5234 Mar. 10 Mar. 11 70 May 13 94 133 Jan. 13 11354 Apr. 26 1834 Jan. 9 12)4 May 17 2 21% May 18 3454 Feb. 9)4 Feb. 1 634 May 13 28 107 32 554 May 18 9)4 Jan. 12 6)4 Apr. 28 11)4 Jan. 9)4 Jan. 29 30 Feb. Feb. 5 5 554 8654 88)2 2054 3354 3834 10054 2954 24)4 38 May Jan. Jan. Jan. Jan. May May May May 1 Feb. 24)4 14)4 11154 22)4 10154 4034 105 12 84 13 120 6 120 21 4 40)4 4 4754 45 13 11 110)4 4354 18 32 13 17 73 1854 11554 x51 % 26)4 Feb. 5 Apr. 29 van. Jan. 22 Jan. May May May Apr. 28 Feb. 85)4 3154 40% 85)4 4154 May May Apr. Mar. Mar. 24 May 38% Apr. 8)4 Jan. 234 May 15 42 35)4 May 14 20)4 Mayll3 114 Apr. 19 2854 May 19 10554 Jan. 5 43)4 Jan. 5 16 1934 May M 2054 Apr. 29 5034 May 6 112 Mar. 17 Mar. 17 Feb. 11 Feb. 8 9 Mar. 21 21 Jan. Jan. Feb. 1 Jan. 16 Feb. 2 Feb. 9 8 Feb. 19 Mar. Mar. 30 1554 Feb. 87 8 Mar. 17 30)4 Feb. 11 2354 Jan. 6254 Jan. 5 8 105)4 Mar. 11 4 20 18 Jan. 27 18 129)4 Feb. 16 6954 Feb.-10 14 38 Jan. 21 28 29)4 Mar. 10 28 3234 Jan. 7 26 9434 Jan. 16 11 4954 Mar. 3 18 48 % Feb. 13 8 93 Jan. 22 22 46)4 Apr. 13 12 28 Jan. 18 28 47 May 27 28 1554 Mar. 23 28 4% Jan. 11 18 Apr. 28 % Apr. 27 41)4 May 13 43% Mar. 30 May May May May May May May May May May May May May May May May 17 18 13 11 13 1 28 14 18 18 14 4 161)4 May"II 9 34 170)4 123 9334 41H 113 )4 42)4 78 34 854 102)4 28 3054 14 16)4 12 19 5 103 May May May May May May May May May May May May May May May Jan. 23)4 Feb. 23 ")6 Apr. 9 5934 Feb. 11 53)4 Feb. 13 Jan. 7 Jan. 5 May 14 Apr. 28 May 14 May 2< 27 Jan. 5 37 Apr. 29 50 Mar. 22 254 Jan. 4 Apr. 29 May 18 2534 May 13 12 26 55 May 7 1234 Apr. 29 4854 Apr. 28 1434 May 13 99 4 100 7 7 14 138 4 116 85)4 20 2654 17 24 10634 36)4 3 7354 3 31 1 734 28 4 100)4 26 < 1 1254 5 10)4 5 103 14 12 2 14 7 11 3 12 11 7 15 2 18 9 29 1 45)4 Feb. 1 18)4 Mar. 2 36)4 Mar. 3 9)4 Feb. 25 3354 Mar. 9 91 Jan. 3454 48)4 5054 634 2034 3754 Mar. Feb. Mar. Feb. Jan. Feb. 61 Jan. 14 17)4 Mar. 16 61)4 Jan. 9 18)4 Mar. 11 52)4 Jan. 2 18 3934 Jan. 18 1254 Jan. 14 107)4 Jan. 28 4154 Jan. 15 2454 Jan. 14 14)4 Mar. Jan. 23 115 May, 5 21 12 2 31 25 12 13 38)4 Mar. 19 Feb. 6 102 Feb. Jan. 5 106 Jan. Mar. 19 9)4 Apr. Jan. 6 176)4 Feb. Jan. 4 12954 Jan. Mar- 24 100 Feb. *.an. 5 41)4 May Jan. 6 113)4 Mar. Jan. 6 4834 Mar. Jan, 13 82)4 Jan. May May May Apr. May May Feb. 23 13 7 2434 13)4 2854 434 2034 6/54 50 101 99 Feb. 97 105 22 27 May 50)4 May 334 May 47 3 6934 Mar. 10 2454 Jan. 3 May 14 48)4 May 47 Jan. May 7 May 4 45 41 Apr. 22 8 Jan. 5 May 4 354 May 18 3)4 May 18 38)4 Jan. May 7 1734 May 20 24 1734 May 20 53 Jan. 5 2554 May 20 3454 May 2554 May 20 10234 Jan. 72 4 May 28 8734 May 72 May 28 5254 Jan. 31 3 May 13 '3454 May 31 May 13 50 Jan. May 21 45)4 May 17 48 4534 Mar. 30 2054 May 25 17)4 May 11 24)4 Jan. 1734 May 11 25)4 Feb. 18)4 May 7 15)4 May 14 1534 May 14 11734 Mar. May 20 106)4 May 20 109 3 106)4 May 20 14% Jan. 8)4 May 13 10)4 May 854 May 13 98 Jan. 71 May 22 May 14 75 71 May 14 13 Feb. 8 954 May 21 May 13 8 Apr. 28 65)4 Mar. 1 5134 May 13 5634 May 50)4 Apr. 9 45)4 Jan. 31 May 25 May 13 36 31 May 13 3554 Feb. 5 25)4 May 18 2754 May 7 X May 19 8)1 May 13 25)4 May 18 1154 Jan. 7 Apr. 28 39 Feb. 27 May 14 May 14 28 37 — 6 7 1 4 4 1 1 41 1354 2854 454 20)4 6754 2734 Sale 5 7 45 29 29)4 Sale 1434 Sale 5)4 2254 Sale 6834 75)4 2834 30 4134 3754 49)4 51 3)4 Sale Sale zl4 54 Sale 2754 2754 Sale "I" loo" 104" 138 May 28 97 28 9454 May 3 100)4 May May 18 51 May 21 24 May 17 35 13 31)4 May 21 11154 May 18 16)4 May 14 5154 May May 13 76 May 1 116 17 1454 May 18 2954 May 25 6)4 May May 19 39 19 754 May ----- 3554 Sale 4234 43 8554 Sale Sale Sale Sale Sale 61)4 14)4 Sale 60 61)4 15)4 15)4 52)4 Sale 88 4854 42 Sale 15 Sale Sale May May May May May May May May May May May May May May May May May 654 May 14 554 May 13 89 May 14 9254 May 28 Sale 30)4 May 18 36)4 May 26 Sale 3834 May 13 41)4 104)4 10054 May 11 Sale 2954 May 18 24)4 May 13 Sale 38)4 May 14 Sale 2434 May 14 Sale 1434 May 13 Sale 112 114 May 18 2234 May 19 Sale 104 10254 May 1 4034 May 28 Sale 110 10834 May 14 12 May 20 13 8634 May 18 1934 May 14 Sale Sale 2054 May 13 5034 May 6 49 77 Sale May 18 1834 May 1 Sale 11554 May 18 Sale Sale x5134 May 14 26)4 May 28 Sale Sale 22)4 May 18 29 89 1754 May 24 May 5 94 May" 13 '55 "May" "I "46)4 Sale" "43"" Sale" "41)4"May"i3 60 103)1 3)4 15)4 Sale 27% 1554 Sale 33)4 Sale 28)4 Sale 161,200 Carriers Ac General Corp....1 100 73,900 Case (J 1) Co Prof 7% 100 2,890 * 84,700 Caterpillar Tractor 1,113,100 Celanese Corp of America...* 7% preferred...........100 8,400 86,200 CeletexCo.................* 5% preferred..........100 6,570 39,900 Central Aguirre Associates.* 920,600 Central Foundry Co—....1 1,620 Central 111 Lt 4)4% pref-100 .100 38,400 Central RR of N J.... 40,100 Central Vloleta Sugar Co..19 * 29,220 Century Ribbon Mills. Preferred..............100 310 2054 53 86)4 1854 1254 8934 Sale Sale 5434 Sale Sale "2)4 Sale" 210 Car Clinch F Ac Ohio Ry..100 Stamped 100 860 2154 109 32)4 Callahan Zinc-Lead........1 • 1234 28 33)4 Sale 754 7)4 Calumet Ac Hecla Cons Cop .5 Campbell W Ac C Foundry...* Canada Dry Ging Ale —5 10 108 28 51)4 Sale 35 % Sale 4554 Sale A..1 Sale 41 112 111)4 114 23)4 24)4 25 103 10254 Sale 4034 42)4 40)4 74)4 Sale Sale Sale Sale Sale 32 97 103 9 % Sale .......50 c 16 36)4 102)4 3054 25)4 4134 2454 Sale 3054 33 93)4 99)4 Calif Packing Corp.........* 25 34)4 Sale 27)4 Sale 38)4 3854 28)4 Sale 85 54 - Sale 869,500 Canadian Pacific II,100 Cannon Mills...... 24,400 Capital Admin Co Ltd Preferred class A 1,790 "37" Sale" 28 5% preferred 79 654 Sale 534 Sale 92)4 Sale 9254 Sale 32 4754 May 13 1 13 95 115 114)4 112 Sale 50)4 52)4 "51)4 100 9354 9354 Sale 82 83 Sale 88)4 Sale 99 Sale 9934 Sale 98)4 48 54 Sale 46 48 Sale 24 Sale 1954 18)4 2034 29 31 3054 34)4 38 28 31 Sale 2954 Sale 107 10734 109 11154 Sale 15)4 1554 Sale 1634 Sale 50)4 50)4 5054 51% 5154 70 75 Sale 70)4 73 116 Sale 11354 11354 Sale 14 1254 1234 1554 1454 29 Sale 21)4 2354 Sale 6 6 7)4 6)4 7 32 37 36)4 38)4 34 554 654 Sale 7)4 Sale 88 Byron Jackson Co....—.* • .100 55)4 May 25 8454 May 11 21)4 May 7 May 5 21 110 May 7 6 24 14 8)4 May 25 4 43)4 May 13 3 4 119)4 May 17 110)4 May * 1 12 May 22 13 20 9254 May 5 May 26 13 105 6 11 65)4 May 7 12% May 5 15 12)4 May 4 13 16)4 May 18 9234 May 24 55 97 Sale ........... 98 105 Sale 9234 Sale Preferred.. Highest Sale Prices 100 14 10 42 11734 108)4 11)4 1754 89)4 2954 5)4 28)4 86)4 .... Lowest Sale Prices 1834 20 106)4 105 22 25 734 8)4 4134 43)4 11654 122 10834 Sale 10 Sale y 108 90 8434 97 21 \i 7% preferred new......100 20 754 11054 Highest Sale Prices 4754 May 80 May May May May May May May May May 88 ' May 101 May 57)4 May 12 May 10 May Sale 11)4 Sale 21 ..10 19)4 95 100 21)4 Sale 95)4 100 Bucyrus-Erle Co.. .... 300 13,800 196,800 5454 78 Sale 1954 Sale 95 Brunswlck-Balke-Coll...... * 230 Canada Southern Ry Co.. 100 10 87,100 1,500 1,700 ' 51)4 Sale 80 6354 Sale 12)4 Sale 1034 Sale Sale 48 Sale 253 800 Byers Co 4,700 Lowest Sale Prices Ask 1554 Sale 1554 Sale 61 49 5% conv preferred.......30 112,000 5 526,400 Butte Copper At Zinc 4,500 , 5)4 5)4 42)4 Sale 119 119)4 10754 Sale 7)4 Sale 81% Sale 126 134)4 48 249 400 Butler Brothers 920 ; 33 107 Sale 47 10,200 ; 106 * tBush Term Bldgs— Pref ctfs of deposit.....100 14,450 240 ' Sale 8454 8954 18)4 Sale Brown Shoe. Inc._._——* Brooklyn Union Gas.. 9,500 4,800 25,200 V .....* Rights 307,600 * 244,800 Brlggs Manufacturing * 22,900 Briggs Ac Stratton .5 19,200 Bristol-Myers Co 125,500 Brooklyn Ac Queens Transit.* 27,356 c Ask Bid ... 13,300 2,500 - Bid . 1,894,000 277,900 1,100 5,800 Ask Bid May 28 May 1 1937 Par Shares Shares' RANGE SINCE JAN. 1 IN MAY Price Jan. 2 , 8 18 20 9 22 1 20 4 8 7 12 28 26 15 11 3 14 June, 1937] AGGREGATE N. Y. STOCK EXCHANGE—STOCKS 33 PRICES IN MAY SALES RANGE SINCE JAN. 1 Price In Since May Jan. 1 Shares Shares 910 320 6,700 900 Bid 71 ..... 8,200 111,400 1,500 1,100 : ,l ; 4,900 5,700 9,300 1,330 3,400 6,200 21,700 13,600 3,900 24,200 6,500 7,100 3,900 5,700 2,000 3,400 __ ... 9.600 ......... 60 158,400 8,600 1,590 40 . _ V. 7,600 15,400 .... 90 City Investing Co.... 101,200 City 73,000 60 May 1 1937 Par ____ V Jan. 2 308,900 Cerro de Pasco Copp.. • 469,100 Certain-Teed Prod 1 25,850 6% prior preferred—..lOO Champion Paper & Fibre Co 1,900 6% preferred .100 104,600 Common.................* 4,900 Checker Cab 5 48,900 Chesapeake Corp * 414,300 Chesapeake & Ohio 25 Pref series A 9,000 100 180 39,800 {Chic 8c East 111 KK 107,600 6% preferred 100 121,400 {Chicago Great Western. 100 Preferred 100 188,400 2,340 {Chic Indlanap 8c Louis pflOO 18,100 Chicago Mall Order Co 5 157,700 {Chic Mil St Paul Ac Pacific.* Preferred 100 398,200 307,400 {Chicago Ac North West 100 Prefer red 100 65,300 141,300 Chicago Pneum Tool J ..* Preferred— ♦ 26,000 100 166,700 {Chic Rock Isl Ac Pac 88,700 7% prefferred 100 6% preferred 100 87,100 11,600 Chicago Yellow Cab 10 36,000 Cblckasha Cotton OH 167,300 Childs Co 2,110 Chile Copper ...25 ...5 1,425,100 Chrysler Corporation * 80,800 City Ice Ac Fuel Preferred 100 8,700 70,800 17,600 : n. y. stock exchange 100 ___5 Stores Clark Equipment Ask Sale 68% Sale 17% 70* Sale 109* 110 35* 36 37 * 50 85* 86* 66 Sale 2* 3 7* Sale 2% Sale 14 * Sale 7* 9 31 31* 2 % Sale 5 Sale 3* Sale 11* 11* 24 Sale 61* 62 2 * Sale 6* Sale 6* Sale 24 * 21 * 26 Sale 13 * Sale 115 19 51 Sale Sale 86 Sale 45 10* Sale 34 * .... 280 C C C & St L Ry Co pref__100 Bid 610 """"20 3,400 Cleve Elec 111 $4.50 ser pref__* Cleve Graphite Bronze (The) 1 180 Cleve & Pitts RR Co 7% gts.50 4,580 65,300 .:v>; Special 120 37,900 Cluett, Peabody 8c Co 210 770 8,100 23,200 1,500 53,500 227,200 10,800 4,000 9,400 300 59,800 4,100 498.400 9,300 125,200 3,040 1,310 78,700 8,340 6,460 1,800 25,700 84,200 9,300 1,448,640 16,800 1,540 202,300 9,300 136,300 9,300 805,500 1,836,600 68,500 63,200 184,300 5,500 30 1,730 3,100 39,700 1,060 2,090 300 34,500 1,200 12,600 310 "7.966 410 470 30 1,900 14,800 600 137,540 2,500 10 27,300 800 80 460 100 5,700 5,400 80,400 6,000 3,700 123.800 200 4,000 46,200 13,900 2,780 58,300 10,800 30,800 1,100 25,300 5,600 20,200 35,700 37,300 3.200 1,210 25,100 1,100 17.600 13.600 4,600 800 46,000 2,300 5,900 19,700 1,100 1,800 67,200 3,800 7,000 1,300 20,500 860 14,600 1,500 800 14,200 5,200 114,900 28,400 230 280 l.ioo 600 3,100 290 19,000 5,700 'v 5,300 13,400 57.100 4,500 5,100 2,620 210 400 50 • Preferred. 100 Coca-Cola Co (The). w 2% Sale 7% Sale 6% Sale 21 20 15% Sale 13 Sale ,13% Sale 19% Sale 83% Sale ^ A 8 Sale ..... Collins Ac Alkman 5% conv 111* 100 * .... Colonial Beacon Or - » — 16"" "29* Colorado Fuel & Iron Corp__* 46 20* 1st preferred........ 2d preferred. _. .... Columbian Carbon 100 100 * Columbia Pictures Corp vt c * $2.75 conv pref * Columbia G Ac El common.._* 6% pref series A........100 5% preferred..........100 Commercial Credit 10 4*% conv preferred....100 Comm lnv Trust » $4.25 conv pref ser of *35__* Commercial Solvents .._• Commonwealth Ac Southern * Preferred ...» Conde-Nast Public' ns . ._...* 25 23 Congoleum-Nalrn Inc Congress Cigar 295,900 90,900 118,600 464,100 443,300 93,800 19,920 145,000 4,600 489,500 163,600 6,400 Sale 27 98 68 Sale 111* 120 76 * Sale 117 120 18 * Sale 3 * Sale 69* 13 * 70* 14* ♦ Preferred Sale • Conn Ry Ac Ltg 4% pref Consolidated Cigar 100 5% preferred 40 Container Corp of Amer!ca.20 Continental Bak cl A.. * Class B Preferred... ...» ... 100 Continental Can.. 20 Continental Diamond Fibre 5 Continental Insurance..2.50 Continental Motors 1 Continental OH of Del 5 Continental Steel Corp.....* Corn Exch Bank Trust Co..20 Corn ProdReflnlng... 25 Preferred 100 Coty.Inc * Crane Co 25 7% preferred ...........100 For footnotes see page ... ..... 40 2% Sale Sale 14* 59 Sale 63 67% 20% 40 * 1065* Sale 41 88 llH OQ Sale 23 21% 113 Sale Sale Sale 21 23% 119 Sale 117 31% Sale 41 42% 13% Sale 93 % 94% 75 915* 61% Sale 105% 110 67 44 Sale Sale 89% Sale 108 Sale Sale Sale 104* 107% 15% Sale 2% Sale 52% Sale 15% Sale 38* Sale Sale Sale 16 Sale !8S !!* 14* 17* IV 89 103* Sale Sale 108* Sale Sale Sale 64 Sale 68* Sale 170 6% Sale 49H Sale 119 125 89 Sale Sale 16% 10454 7% % 106 Sale Sale 11* Sale 547 Sale Sale Sale Sale Sale Sale 2% Sale 44* Sale 2651 Sale 5554 2* 6* 5* 18 May 15* May 12* May 51* May Sale Sale 3% Sale 98% 90* 95 54 Sale 20% 21 36% Sale 2% Sale 44% Sale 30% Sale 65 66% 59 Sale 55* Sale Sale 205 36 Sale 2 Sale 435 Sale 30 Sale 64 n Sale 58% Sale 1.56 153* 156 5 75* Sale 45* 46% 48 L12 113% afll6 104* A* Sale 77% Sale 48 43 Sale «iM 21* 116* 120 39% Sale Sale Sale Sale 80 < Sale 78 15% 19% 102% Sale 30 Sale Sale Sale 7% 123 Sale 28 65 10 8* 118 38* IW. iSS 72* 49 7554 13* 20* Sale 105 82 May 113 Feb. 10 Feb. 4 Apr. 13 Feb. 13 Mar. 6 Mar. 3 Mar. 11 Mar. 16 Mar. 17 Mar. 8 Mar. 6 May 19 Jan. 20 Mar. 18 Mar. 17 Mar. 4 Feb. 17 Feb. 9 Jan. 25 Mar. 17 Feb. 19 Mar. 8 Jan. 14 Jan. 29 Mar. 3 Mar. 11 Feb. 11 Feb. 18 Feb. 18 Feb. 23 Mar. 1 May Apr. 8 5 Jan. 7 35 Jan. 44* Apr. 22 Apr. 90 49 May 24 94 May 8 130* May 22 78 Jan. 126 Jan. 162 122* Jan. 58* 22* 103* 57* 112* May 5 May 5 May 3 May 18 May 5 May 5 47* Mar. 57 33 May 20* May 19 May 21* May 111 May 31 May 38* May May May May May 104* May 63* May 103* May 13* May 2 May 47* May 15 May 36 May 14* May 13* May 11* May 80 May 88 May 88 May May May May 103 May 9* May 14* May 10454 May 5* May May May 43* May 30 May 21* May 2* May 87 May I** 8* lb si 52* May 19* May 35* May 2 May 39* May 27* May 63 May 54* May 154* May 7* May 42* May 113* May 18 27 28 15 18 3 18 19 24 15 18 17 13 19 20 19 20 14 28 21 14 19 13 13 20 18 27 18 15 13 14 3 18 13 13 18 18 18 13 18 May May May May May May May May May May May May May May May May May May May May May May May Mgy May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May 7 12 6 15 25 28 26 5 6 15 7 11 28 7 13 7 11 7 11 8 10 5 8 27 1 21 3 Jan. 19* Feb. 102* Apr. 51* Apr. 108* Apr. 26 18 May 99* May 58 May 115 120 May Sale 1* May 9 Sale May Sale 8* May 111 May 120 39* 37* May Sale 11 May Sale 87* May Sale 5* May Sale 16* May 80 72* May 49 54 May Sale 73* May 15 14* May 19 Sale May Sale May Sale May Sale May Sale May Sale May Sale May May May 115* Sale May 30 27* May 60 62 May Sale 86* Mar. 10 23* Feb. 10 86 104* May "32 May 31* 30* May Sale 18* May 20* Sale 1% 13* Sale Sale Sale Sale Sale May 13 14* May 18 60* May 18 irA 106* Mtj 28 107* May 14 37 May 13 42 May 20 7554 Sale 71* May x45* May 45* Sale 40 May 40* 39* 103 % 100 Sale 61* 120 157 Sale 60 7 108 Apr. 29 111 21 35* Jan. 4 x60% 4 16* May 21 48 7 77* May 13 90* 3 54* May 18 68* 91 27 Apr. 7 100 3 2* May 14 4* 3 6* Jan. 4 13* 7 2* May 14 12 7 Apr. 28 18* 8 19 Apr. 29 4 24* May 13 2 ~ Jan. 4 3% 7 41 Apr, 7% 3 j 7 Jan. 6* Jan. 7 11 liH 21 7 Apr. 33 6 55* May 14 70% 1 2* Feb. 16 3* 1 6* May 27 10* 1 5* May 18 8* 6 18 May 28 27* 27 15* May 1 22* 11 12* May 14 15* 11 46* Jan. 22 80 7 xl06*May 13 135* 11 18* Jan. 4 21* 5 83* May 14 92 6 60 Feb. 16 70 ' 4 7 Apr. 28 10* 8 32* Apr. 27 40* 22 98 May 21 103* 45 45 105 H Sale 23 131 Sale Sale 20* 4% 4* 12* Sale Sale 3* Sale 98 102 2 May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May xl06*May 18* May 83* May 70 63 62 May 7 7% 7* May 35 37% Sale May 98 ' May 100* 84 Sale 20 % 29 * ; May May May May May May May May May May May May May May May May May May May May May Sale Sale 10% * Sale 9% Sale 36 * Sale 8 69* May 24 17* May 3 71 May 8 Sale 19 Sale 800 5% conv pref w 1... 100 46,000 Rights... 26,700 Cream of Wheat ctfs... ♦ 35%. 36 26 % Sale 61,200 Crosley Radio 76 Sale 185,400 Crown Cork Ac Sea! • 6,200 $2.25 conv pref w w ...» 54* 56% 47 Sale 11,500 Preferred ex-warrants....♦ 1,062,500 Crown Zellerbach Corp____5 17^ Sale 22,200 $5 conv pref * 53 Sale 200,700 Crucible Steel of Amer 100 7,000 Preferred 100 L18* 123 72,000 Cuba Co (The)... • 2* Sale 16 Sale 6,780 Cuba RR pref.. ....100 240,600 Cuban American Sugar....10 13^ Sale Sale 8,310 Preferred 100 Sale 19,200 Cudahy Packing 50 Sale 163,102 Curtis Publishing Co (The)* 106 % 31,200 Preferred • Sale 1,604,000 Curtiss Wright Corp... 1 Sale 615,600 Class A l Sale 2,000 Cushmans Sons 7% pref..100 960 8% preferred ....._..* S A* 18,700 Cutler-Hammer, Inc........* X Sale 22,300 Davega Stores Corp 6 X 17% 15,600 Conv 5% preferred.. 25 2,270 Dayton Pr & Lt 4% % pref 100 108H Sale" 175,500 Deere Ac Co ♦ 105 % Sale 2951 Sale 30,800 Preferred 20 28 * Sale 38,500 Dlesel-Wemmer-GUbertCorplO 43 Sale 346,400 Delaware At Hudson 100 17 % Sale 520,000 Del Lack At Western 50 8 Sale 44,200 {Denver RIoGrAc Wes pref 100 15,500 Detroit Edison 100 t44 147 12 Sale 3,950 Detroit Ac Mackinac Ry Co, 100 21 1,060 5% non cum pref.......100 25 12.600 DevoeAc Reynolds A,. 61 Sale ... 12 24* Sale Sale 10 2* 8% 2* Sale Sale 90 106 53 16 A* Sale 110 * 108 95 3% Sale 17* 18* 12* Sale ffl May 13 14* May 18 60* May 18 77 54 Sale Sale 100 18 60 Sale 2% 2* 6% 6* Sale 37% Sale 19 21% 108 * v t c Sale Highest Sale Prices Sale 110 Sale * Consolidation Coal Co vtc.25 57 84 Pref $5 Consolid RR of Cuba pref.100 {Consolidated Textile 24* Lowest Sale Prices 49 May "91* 85* May 132* 128 May 154* Sale 149 153* 165 May 58 58 59 58* 58 May Sale 19* May 21% Sale 103* 102* May 102% 101% Sale 54% Sale 51* May 110 109 110 112 May Consol Laundries Corp.... .5 Consolidated Oil Corp Preferred new Sale Highest Sale Prices Sale" 1 !§H » 108 Lowest Sale Prices 1 20 100 Prior preferred (6*) 100 Prior pref x warrants.. 100 30,900 21 92 1 68,300 Consol Film Industry.. Preferred » 59,900 710,800 Consol Edison Co of N Y Inc » 80,700 1,515,100 ; r: 900 34,200 546,300 227,100 43,610 591,700 224,300 732,400 8,200 Sale 119* 121 35* Sale 42 42 * 18% Sale 105* 106* " 250 57 20 * Sale 103 * 104 * 58 * Sale Colorado Ac Southern....100 88 » .....100 prel Sale Sale 82 56 Preferred 66 53% Sale 47 i 78 * Sale 126 127 Sale Sale m Sale Sale 59 Sale I 36 Ask 65* Sale IV 9/ 122* 124 Class A Colgate-Palmolive-Peet Co__» 75 03% 109% 104 58 54 Sale 19 26 29* 79 84 85 59% Sale 95 Sale 3% 4 10 % Sale 2% Sale 14 % Sale 10 8% 8 26 26% 27 2* 2% Sale 5% Sale 4% Sale 14% Sale 23 % Sale ' 7,400 May 28 Ask Bid 67% Sale 1654 Sale Jan. May 20* Apr. 19 May 21* Apr. 111 May 31 May 38* May 11* May 93 May 89* May 56* Apr. 100 Mar. 63* Apr. 103* May 13* May 2 May 47* May Apr. x36 May 14* May 13* May 11* May 80 Jan. 83* Apr. May 3 May 12* May 34 May 103 May 9* Jan. 14* May 104* Apr. 5* May * May 88 v Jan. Feb. 20* Jan. May Apr. 87 May P 4 22 24 3 1 5 1 24 4 50* Apr. 19* May 35* May 2 May 39* May 26* Jan. 62* Apr. 54* May 153 Apr. 6 Jan. 7 26 27 27 42* May 113* May 104* May 7 29* Apr. 18* May 70 Apr. x45 May 40 May 22 5 4 115 hH 5 22 11 3 1 4 1 11 13 6 20 25 7 3 3 10 7 7 7 4 19 13 4 125* 39* 46* 20* 108 101 69* 114 80* 120 21^ 14 Feb. 26 Feb. 11 Feb. 18 Apr. 2 Apr. 7 Mar. 19 Jan. 6 Feb. 13 Mar. 9 Apr. 12 Feb. 10 Mar. 5 Jan. 14 Jan. 25 Apr. 1 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Feb. 20 20 14 8 14 8 12 Jan. 14 26 25 21 13 75* 13 11 19* 45* Mar. 11 19* Jan. 23 22 Jan. 87 95 92 5* 18* 49* 108 13* 17* 105* 10* 1* 13* 52* 37* 37* 5* 15 Mar. 2 Mar. 11 Mar. 5 Jan. 20 Jan. 9 Jan. 23 Jan. 12 Feb. 26 Apr. 5 Jan. 23 Jan. 4 Feb. 27 Apr. 6 Apr. 6 Apr. 13 Jan. Jan. 14 15 109* Feb. 17 69* 25* 42* 3* 47* 35* 77 Jan. 9 Jan. 23 Jan. 23 Feb. 11 Apr. 20 Mar. 8 Feb. 13 15 71* Jan. 171* Jan. 14 10* Mar. 16 56* Feb. 3 121- Jan. 28 105 May 27 i332 May 27 37 Jan. 16 28* 100* 56* 47* 25* 108* 81* 15 Feb. 3 Jan. 8 Jan. 28 Apr. 13 May May May May 135 3 17 Jan. 17 51 6 P 30 29 ''h May 99 11 U425A 33 33 20 50* 98* 130* 170* 58* 25* 104* 62* Jan. 127 Mar. Jan. Jan. Jan. Jan. Mar. Feb. Jan. Mar. Mar. Jan. Feb. Jan. Mar. Jan. May May 87% May 5* May 16* May 73 Apr. 48 Apr. 73* May 14* May 19 Apr. 100 Apr. 104* Jan. 26* May 19* May 41* May 17* Jan. 6* May 113 May 9* Apr. 20* Apr. 60 May ?P 14 43 20 109 8 23 86 62 Jan. Apr. 15 Mar. 1C 11 4 12 1) 1 11 C 4 C 14 2 27 90* Mar. H 18* Jan. 1 24 109 Feb. Jan.' , , Wi\2 29 58 24 10 146 22 Jan. Mar. 17 tl\ May It 30 May V. 76* Feb. 1) __ N. Y. STOCK 34 AGGREGATE SALES Since EXCHAN OE 700 2,000 140 7,500 22,900 2,400 46,640 < . 600 1,300 • 800 400 . 2,700 600 40 Par 45,800 9,000 8,900 272,600 14,600 15,700 1,120 40,550 171,000 25,200 494,440 5,500 14,800 .16,300 27,300 28,400 8,900 470 6,900 11,600 510 11,400 13,900 25,000 22,600 39 % 800 490 2,800 400 400 100 9,400 23,100 8,800 4,400 30 2,600 7,300 3,700 2,580 3,550 6,400 Corp-Seagrams Ltd...* 5% pref with warrants. 100 * Class A * Doehler Die Casting Co * Dome Mines Ltd * Dominion Stores Ltd———* 26 % Dixie-Vortex Co <J3% 20% 94% 21% 49 % Sale 11% Inc....* (S R) Mfg cony cl A..* 70 % 50 % 36 —— 11 Douglas Aircraft Co Dresser • Class B tDuluth South Sh «c Duplan Silk...............* 100 Pont de Nem Ac Co (El) .20 Preferred ... 5,400 80 1,600 200 8,300 6,500 7,100 2,500 900 12,900 . 700 .■> 500 6,300 1,900 ! 15,200 340 3,600 60 14,500 100 fS 270 , 150 540 307,400 4,000 600 11,200 ■: 7,200 60 84 Sale Sale Sale 27 59% 113 Sale Sale 84% 89% Sale Sale Sale 24% 80 Ac "Smeltl 1100 73 —..—..100 * Federal Screw Works ...* Federal Water Service A * Federated Departm't Stores.* 107 110 FederaT Mining Preferred... Federal Motor Truck 6% conv pref...........100 Fuller Co prior pref........* 2d preferred.........—.* Gabriel Co (The) Gamewell Co (The)... * —.——.* Gen American Investors Sale Sale 151 Sale 34% Sale 12% Sale 37% Sale 11% Sale 24% 57 111 10 63 68 72 7 18% 27% 21 76 11 Preferred.... Sale Sale 58% 20% 100 100 8% 7% 434 34% Sale 40 Sale 103 48 50 33% 35 31 7 Sale 48% 50 122 Sale 44% Sale 123 125 "76"" "83"" 27 110 70 41 5 26% 102 Sale 112 Sale 41% Sale 27 105 16 16% 12% Sale 104% 107% 95 14% al2 101 145 12 —.100 •* ——100 Preferred (7)—. ...* * * — Preferred * —1_ 100 Gen Realty Ac Utilities Corp.l 55 39% 2% 45 50 57 107% 4% 67 115 4% 44 * 70 Gen Steel Castings pref * 87 Gen Theatres Equip Corp...* 30 Gen Time Instrum Corp 39 Gillette Safety Razor Convertible .._* preferred....* 15% 85% ...* 21 Glldden Co (Tha)..—._..—* 45 Glmbe) Brothers—.... 86% $6 preferred— 4%% conv preferred... Gobel (Adolf) 50 1 Goebel Brewing Co.—......1 40 ———* 633,600 Goodrich (B F) $5 preferred.—...........* 39,500 1,489,900 Goodyear T Ac R_.—.......* $5 preferred...—.........* 83,900 $7 2d preferred * 31,000 56 5% 6% 270 Gold Ac Stock Teleg Co...100 54,600 2,800 123,700 3,100 For ffootuvte* see page 40* ..... Sale Sale 59 80 75 Sale 32% 81% 28% 101% 114 May 19% May 36 May 35% May 38% May 9% May 47% May 45% May 28% May % May 84 9% 25% 51% 114% 41 134 53% 39% 2 55 60 Sale 66 58 15 May 112 150 131 May May May May May May May May May May May 112% 10 % 155% 150 32% 11% 36% 9% 38% Sale 10% Sale 3 28 18 27 24 14 1 15 14 19 14 14 33% May May 19% May 22% May 86 May 22 May 39 May 41% May 41% May 11 May 56% May 49% May 30% May 1 May 2% May 5% May 15 May 115% May 161% May 133 May 115 May 12% May 173 May 152 May 35% May 13 May 39% May 11% May 37 67 52 . - 53 53 20% Sale 88% 93 132 142 101% 7% 7% 3% 103 Sale 34 Sale Sale 35 92% 96 37% Sale 30% 39% 33% Sale 103 30 52 53% 34% 37 6% Sale 52 53 « 60 Sale 5% 24% May May 29% May 51 May 33% May 6% May 50 May Sale 2 3 104 % 25 45% 17 35% 53% 3 8 36 >, 8 28 17 54% 106 10 60 5% 25 4% May 15 120 55% Sale 45 Sale 49 May 1% 3% 108% 8% 59 66 60 May May May May May May May 1 May 3 19 120 12 % May 1 18 May 3 28 68 14 27% May 22 May 20 28 112 22 52% May 24 May 22 14 34 6 26 102 14% 12% 101 71% 13% 139 9% 26% 54 119 42 % 134 55 40% 2% 55 May May May May May May May May May May May May May May May May May May May 3 10 5 1 5 10 8 4 20 1 5 5 25 6 17 22 4 25 3 19% 88% 66% 94% 7 5% 3% 32% 95% 36 39% 32% 102 40 29% 46 33% 6% 47% 116% 38% 106 10 60 24% 108% 47 26 27 7 11 25 12 21 15 28 27 6 4 5 7 12 May 4 6 3 6 12 1 6 28 May 10 May 3 May 15 May 5 May 3 May 4 Mar. Feb. 9 9 Jan. 25 Feb. 17 Jan. 28 Mar. 8 Jan. 25 Jan. 16 Jan. 7 Jan. 5 Feb. 19 Jan. 16 Jan. 19 92% Jan. 87 Jan. 19 44% Jan. 2 Jan. 2 8 Jan. 26 29 Jan. 28 60 Feb. 14 20 115% Jan. 18 17% Jan. 19 78% Jan. Mar. 14 Mar. 18 60 7 8 16 19 18 18 11 19 16 30 28 4 28 14 27 12 Feb. 19 86% 9% 23% 35% 28% Feb. Jan. Mar. Mar. Mar. 10 15 17 80 Jan. 14 17 17 13 14% Jan. 21 34% Mar. 3 13 29 2 28 6% Jan. 21 5% Jan. 28 Jan. 28 71% Jan. 15 Mar. 31 210% Jan. 14 Jan. 11 May 27 70 May 13 29% Jan. 18 Jan. 4 May 25 103 Mar. 11 Jan. 27 150 Apr. 9 129 Apr. 2 Apr. 28 11% Feb, 19 Jan. 4 11% Feb. 25 6 Jan. 14 May 15 May 15 43% Mar. 4 108% Mar. 9 May 21 May 12 45% Jan. 18 Apr. 19 39% Feb. 19 May 18 41 % Mar. 11 May 3 107% Feb. 9 May 25 52% Mar. 1 May 17 46% Feb. 5 Apr. 12 58% Feb. 5 May 8 39% Mar. 9 May 28 9% Feb. 1 Apr. 3 Jan. 25 58 Apr. 5 Jan. 19 128 3 May 18 54% Feb. Jan. 14 May 19 135 May 18 18% Jan. 12 Jan. 9 May 28 83 May 14 32% Jan. 13 Mar. 25 May 28 117 Jan. 4 May 22 73 8 Apr. 28 48% Jan. 18 6 Apr. 26 7% Mar. 33 Jan. May 13 106% Jan. 12% May 14 19% Feb. 10% May 13 15% Mar. 101 Mar. 13 105% Jan. 65% May 14 86% Feb. 12% Apr. 27 19% Jan. Feb. 139 May 20 153 Feb. 8% May 14 14 22 May 13 32% Mar. Mar. 45 May 18 65 11[2% Apr. 28 126% Mar. 39 Apr. 29 52% Jan. Jan. 134 May 17 152 49% May 18 64% Jan. 36 May 13 44% Feb. 3% Jan. 1% May 19 50 May 21 64% Jan. 64% Apr. 5 70% Feb. 117 6 81 95 69 May May May May May May May May May May May May May May May May May May May May May 18 4% Jan. 22 Mar. 17 7% Feb. Apr. 18 21% 55% 4 26% Jan. 14 59 37 May Jan. May Apr, Jan. Mar. May May 2 Feb. Apr. 10 Jan. 19 Jan. 18 Feb. 19 13 115% Jan. 22 17 Mar. 5 14 29 175% Feb. 3 2 163 Jan. 11 12 37% Feb. 11 16 Mar. 17 19 28 45% Feb: 11 16 Feb. 23 14 Apr. 53 7 8 7 1 26 24 3 36% Feb. 62 5% Mar. 13% Jan. 24 Apr. 7 19% May 7 z75% May 1 10 May 1 24% May 1 3% May 1 3% Apr. 12 20% Apr. 12 49% May 27 May 5 May 6 May 26 May 19 May 1 May 3 May 1 May 5 May 7 May 3 Highest & 21 40% 18 23 29 28 96 21 25 13 28 41 % 18 46% 51 13 18 12% 17 77% 55 29 14 39% 12 1% 3% 28 18 8% 29 17% 28 122 28 180% 27 135% 4% Apr. 28 15% May 18 150 1 119% 54% May 18 60% 116% May 3 118% 42% May 21 46 * 11% 8% May 17 17% 16% May 3 108% 106% May 21 4% 3%'May 18 41% May 13 47% 110% May 11 111 3% 3 May 13 34 May 18 37% '57 May 18 65 59 May 27 65% 22% May 14 26 36 May 28 40 15 May 17 16% 80 May 18 85 20% May 18 24% 82% May 17 85 42 % May 4 46% 53 % 51% May 14 5% 4% May 6 6% 5% May 14 110% May 15 110% 39 May 17 45% 80 May 18 83 £35% May 13 42 % 108 May 14 111 May 12 117 Apr. May 148% Apr. 131 May 112 Mar. 10% May 151 Apr. 150 Apr. 31% Apr. 11% May 34% Apr. 9% Apr. "63% Sale" "62"""May"l7 "65% May'"3 119 Apr. 112 "38% May"l8 "47% May""! ..... Sale Sale May May May Apr. 84 May 19% May 36 May 35% May 38% May 9% May 47% May 45% Apr. 28% May % Jan. 5 4 4 4 1 12 3 1 5 1 3 20 4 13 1 7 "32% May"l8 "35% "May Sale 28% 34% 17% 20% 3 26 1 4 13 3 3 1 3 7 28 26 5 6 14 1 3 11 25 10 7 1 27 4 3 27 12 3 May May May May May May May May May May May May May May May May May May May May May May May May May Highest Sale Prices \ May~27 "58% May"" 1 20% 19% May 13 88% May 25 90 110 May 6 136 100% May 11 102 8% 7 May 14 7% 6% May 14 4% 3% May 15 32% May 15 36 99% 95% May 21 36 May 12 39% 102 40 Sale 42% Sale 116% 116% 117 44 18 5% May 13 22% May 14 95 102 Sale May 13 102 12% May 14 12% Sale Sale Sale 10% May 13 12% Sale May 10 105 99% 102% 101 65% May 14 70% Sale Sale 12% May 13 Sale 12% Sale 139 145 133 139 May 20 8% May 14 Sale 9 8% 22 May 13 Sale 24% Sale 45 49 May 18 53 Sale 118% 125 > 113% May 13 121 Sale 40 40% 39% May 3 134 140 May 17 135 49% May 18 Sale 53% Sale 36 May 13 Sale 39% Sale 1 % May 19 2 Sale Sale 50 53 59% 45 May 21 67 75 64% Sale 117 21 13 28 13 18 17 20 14 5 2 May 17 4% May 18 10% 10% Sale 10% 16% Sale 17% Sale 106% 108% 108" 106% 108 4% Sale 3% Sale Sale Sale 43% 45% 47% Sale 110 118% 111 114 3% Sale Sale 3% Sale Sale 36 37% 34 35% Sale £61 Sale 59 60 Sale 65 Sale 58% 59% Sale 25 26 23% Sale 36 Sale 41% 37% 139 Sale 15% Sale 15% Sale 83% 85 80% 82 86% 23 Sale Sale 24 Sale 85 Sale 84 Sale 88% Sale 46% Sale 43% Sale Sale 53 54 51% Sale 4% Sale 4% 5 Sale 6% 6% 6% Sale Sale 114 117 110% 115 44 Sale 43% Sale Sale 80 83 80% Sale Sale 38% Sale Sale 41% Sale 115 120 125 Sale Sale 111% 116% 109% 111% 110 14% Sale .__» * Sale 61% 62% 118% 119 62% Sale 120% Sale General Refractories Preferred Sale 150% 154 55% 93,200 General Public Service.....* * 61,100 General Ry Signal— Preferred 50 Sale 5%6 22% 24% * — , May 14 May 21 May 18 May 13 May May May 24% May 26% Sale 26% Sale 106 114 108% Sale 108% May 47 48 May 45 51% 53% 27 May 27% 31% 28% 33 67 12% 28% Sale 60% Sale 120 123% Highest Sale Prices 28% 34% 17% 20% 120% 129% 114% 125 44 Sale 46% Sale Sale 115 129% 112 10% 11 12% Sale 68% 150 Sale 35 7% Sale 54% Sale —* * Sale 35% Sale 51 54% 17% Sale .....5 36 38% 30% 35% 73 Preferred 140 102 Sale Sale Sale 100 101 45 17% Sale 21% Sale 82 85% 20% 21 36 Sale 38 Sale 38% Sale 9% 10 55% Sale 45 49% 28 29 % % 1% 2 5% Sale 14% 14% 112 Sale 156% Sale 131% 133 113 113% 11% 11% 172% Sale 150 155 34% Sale 13 Sale 124% Sale Sale 93% 97 6 Co.........6 ... 29,000 3,300 7,900 50 42 125 Gen Amer Transp Corp.. - 360 34% Sale 105% 25 Ask 30 37 5% 4 % May 1 5 Sale 15% May 18 20% 16% Sale 62 May 18 77 Sale 59 May 18 69% 61% Sale 37 May 19 39% 38% 39 1% 1% May 3 1%; 1% 5 3% May 26 3% 4% 25% 22% May 13 24% Sale Sale 58% 56% May 12 58 58% 56% 108% May 27 111 109 Sale Sale 8% May 18 10% 8% 10 10% 59 May 19 60% 60 62 66 May 14 69% 63 66% 66 70 72 May 13 72 65 72% 75 7 5% May 28 Sale 5% Sale 17 May 18 20% 17% Sale Sale 24% May 18 29% 26 Sale Sale 19% May 14 23% Sale 20% Sale £75% May 27 76 Sale 75% 10 May 12 11 Sale 10% Sale 25% 26% 24% May 13 28% Sale 4% 3% May 13 3% Sale Sale 4% 3% May 3 3% Sale Sale 23 May 6 27% Sale 24% Sale 49% May 18 57 56% Sale Sale 4% Sale 20% Sale 70% 74 67 Sale 39% Sale 1% 1% 4% 4% General Baking 8,900 Gen Outdoor Advertising. A* Common _.* 102,500 24,500 General Printing Ink new—1 641,800 39,300 57,400 10,470 98,700 14,700 490,200 12,700 355,600 15,800 156,300 13,800 260,700 200,200 Sale Sale 41% Sale 5% 4% Sale 100 105 43% Sale Ins.2.50 39% 44 (Wm) Sons Co * Preferred A (7) 250 Preferred A (8) 260 • 42,100 General Mills..............* Preferred .........100 3,260 10 2,902,800 Gen Motors Corp, Preferred (6) * 34,100 420 8% Sale 4M% preferred Fidelity Phenlx Fire 1,223,500 General Electric..... 196,900 General Foods 520,800 Gen Gas Jc Elec Cl A Conv preferred A— 1,690 Sale 103 79 70 200 Sale 25% Sale 97 : "4",166 12% 155% 215 Sale 650 ~ 113% 114 200 —... 40 Sale preferred..—..100 205,600 General Bronze... 147,500 General Cable Class A 47,100 Preferred 7%._. 11,600 26,800 Gen Cigar Inc 2,100 132% 6% conv Fajardo Sug Co Porto Rlco.20 Federal Light Ac Traction..15 810 900 117 Sale 53% 101,300 W 4,000 69,700 170,800 5,200 8,800 5,000 109 154 Fairbanks 86,700 8,980 40 Sale 90 Sale 37% 39 40% Sale 40% Sale 10% 10% 55% Sale 44 47% 28% 30% % % 2% 2% 5% Sale 15 15% Sale Corp ...—* Class A...* ..* 1,100 Gannett Co Inc conv $6 pf_.* Gar Wood Industries Inc.—3 148,800 - 85 21% 69 680 5,800 1,340 19% Sale 20% Sale 28% 4% 3% 1,330 4,830 350 / ?s 16 Sale 118 173 X Sale 134 Sale 36 2ft .—.100 Morse Ac Co...—* Co——.—5 Exchange Buffet 190,700 15,900 48,000 First National Stores...—..* 233,300 Fllntkote Co (The)..—..* 16,800 Florence Stove Co....—....* 4,600 Florshelm Shoe (The) cl A—* * 150,500 tFollansbee Bros....— 37,400 Food Machinery Corp new 10 4%% conv preferred....100 2,440 —...10 158,300 Footer-Wheeler 7% conv preferred ..._* 3,190 * 51,600 Francisco Sugar Co 100 820 Franklin Simon pref 10 196,400 Freeport Sulphur Co 260 ' 1% 29 37 Fairbanks Co Preferred Evans Products Rubber—10 Preferred series A..-...100 2,400 5,500 14,500 ■ Sale 33 36 Lowest Lowest Sale Prices May 28 Ask Bid 32% Ind— Firestone Tire 8c 11",900 v Sale ' Bid 13% 28% Sale 5% Sale 3% Sale 23 ,Sale 110 Filene's 490 Sale 1 Ati.100 Preferred..............100 Dunhlll Int 1 142,600 57,600 46,110 17,060 64,300 2,000 83,500 89,700 1,610 II,400 6,200 219,100 139,300 135,900 23,800 12,600 58,100 "3", 600 6,300 1,100 24,600 1,600 23,700 1,300 16,200 1,600 14,700 15,500 Sale Distil EJec Ac Musical 90 40 Co—2 5% American shares.......... 319,000 24 1,113,000 Elec Power & Light.....—.* 90 $7 pref * 65,300 82% $6 pref .......—* 36,500 43% —* 45,600 Elec Storage Battery 1% 81,000 JElk Horn Coal Corp 5% Preferred —50 123,500 26% 3 151,600 El Paso Natural Gas Co 56% ......50 10,700 Endtcott-Johnson 5% preferred...— 100 112 1,420 15% 27,500 Engineers Pub Service......1 71% $5 conv preferred ........* 6,500 77 $5.50 preferred .....* 4,700 81 $6 cum preferred.. —* 1,100 9% * 71,500 Equitable Office Bldg — RHa 100 14% 348,300 26% First preferred 100 141,000 21% Second preferred 100 51,000 75 40 Erie & Pittsburgh RR Co_-50 12% 5 40,400 Eureka Vacuum Clean 18,200 106,800 7,400 4,200 3,300 7,100 6,900 14,900 8,200 8,100 33% 177,400 Du 10,500 6% non-voting deben.,100 I,780 Duquesne Light 1st pref..100 112% 114 5 11$ Sale 192,700 Eastern Rolling Mills. 52,600 Eastman Kodak Co. of N. J.* 175$ Sale 162% Preferred ...—...100 159 2,040 34 Sale 4 91,500 Eaton Mfg. Co...... 12% Sale * 229,300 Rltlngon Schlld 39% Sale Electric Auto-Lite (The)...5 263,600 12% Sale 3 479,800 Electric Boat 3,000 153,700 24,800 51,400 31% Praf—25 Participating Diamond T Motor Car Ask Bid * Diamond Match—— 170 22,700 8,600 11,900 ;: 200 : 7,900 11,800 May 1 1937 Shares 5,500 1,200 2,600 17,000 . Price Jan. 2 Jan. 1 Shares RANGE SINCE JAN. 1 PRICES IN MAY STOCKS N. Y. STOCK In May EXCHANGE-STOCKS Apr. 16 Mar. 22 May May Apr. May May Apr. May May May May Apr. May May May May May May May Jan. May Apr. May 3 16 28 1 9 5 17 14 4 11 4 4 31 23 13 21 9 18 29 17 Jan. 27 65% Jan. 18 Feb. 1 77 1 124 18 70% Feb. 11 2 8 122% Feb. 21 60% Jan. 9 15% Feb. 1 17 Mar. 20 28 19 Jan. 19 21 110 5% Jan. 13 18 4 13 65% Feb. 11 117% Jan. 22 3 5% Jan. 20 26 34 7 18 48% Jan. 57 4 18 70% Feb. Jan. 6 59 27 88 22% 14 33% Jan. 25 36 28 43% Feb. 11 15 1 17 20% Feb. 80 18 88% Feb. 23 20% 4 29% Mar. 9 82% 17 90% Mar. 9 39% 30 51 % Jan. 28 51% 14 58% Jan. 18 6% Feb. 25 4% Apr. 28 8% Feb. 19 5% May 14 Feb. 17 110% Apr. 29 115 54% 114% 42% 8% 15% 106% 3% 41% 110% 31 Jan. 4 50% Mar. 11 79% Jan. 7 87% 27% Jan. 4 47% 1108 May 14 141 153% \ilH U1! Jill May 12 Mar. 11 Mar. 11 Mar. 11 Mar. 10 JUNE, 1937] AGGREGATE N. T. STOCK SALES In May Jan. 2 Share* 5,300 15,300 6,300 2,100 2,300 6,800 ,16,500 168,200 6,700 V 420 "I'M ; 86,755 4,300 1,200 1,500 300 220 Great West Sug ...—* Preferred 180 Green Bay 8c Western RR.100 109,600 Green (H L) Co.. ........1 650 Greene Gananea Copper..100 562,600 Greyhound Corp (The) new * ....... 157,500 23,700 280 Hall Printing ....... ... Preferred.. 1,820 2,370 Hanna (M A) Co $5 pref. 55,100 Harbison Walker Ref ...... 550 3,500 260 "3'205 Preferred ..10 * Hamilton Watch.. lioo • 100 16,600 3,300 32,500 ... 500 20 580 7% preferred 51,200 Hercules 1.400 13,900 460 .... ..100 * Motors Hercules Powder _ 1,300 6,100 450 12,100 9,000 20 u 4,315 ' 1,700 18,000 Sale ■. Sale 4214 Sale Sale 145 42 52 6234 934 Sale 3 22 Sale 35 Sale 39* 2234 Sale 3254 71 3414 135* 2854 10514 1021* 50 Sale 125 167 110 164 _ 341* Sale 129 63 495* 12014 235* 4234 655* 11234 Sale 12114 Sale Sale 407^ 425"" 108 • 115* 411* 42 2434 Sale 125* Sale 5054 52 1454 May 1 115* May 3 3 May 1 45 May 20 1354 May 6 51 May 1 305* 32 32 30 3054 May 21 z3154 May 14 Sale 254 Sale 48 315* 3054 31 Sale 17 1554 Sale 285* Sale 275* 28 10554 10634 10354 106 Sale 101 1015* Sale 45 Sale 129 132 Sale 1354 Sale 47 128 31 May 15 May 265* May 105 >"■ May 98 May 43 x May 13 1254 May 10154 May Sale Sale 4 May 102 ■ Sale 102 1035* Sale May 135* Sale 135* Sale 1154 May 112 100 110 10534 100 May 156 140 155 140 May "285* 305* 2854 29 > 275* May 10554 18 32 12 1754 14 29 6 106 14 103 13 47 May 3 May 3 May 1 May 3 May 6 May 25 25 3 14 27 18 17 6 19 May 6 May 3 May 25 May 10 May May May May 135 1254 104 Jan. 2 Apr. May 19 Feb. " Jan. May May Apr. May 101 ■ Sale 145 155 144 J* May 128 127 130 125 61 60 6154 145* 10154 55* 1055* 1354 110 140 30 15554 May May 6154 May 0854 May 41# May 10954 May 275* May 355* May 111 May 399 May May & 23 May May zl28 58 J4 May 107 May 10854 1075* 108 39 34 Sale 4154 3554 May Sale 1065* 10834 10654 May 24 54 May 26Xs Sale 255* Sale 333* Sale 3354 Sale 325* May 111 111 May Sale" 390 Sale 336 May 3854 375* Sale 375* May Sale 2154 Sale 2054 May 388* Mff 5 9 Jan. 12 '551 2754 48 J 4754 2854 565* Jan. 22 1 8 5 8 98 Feb. Feb. Jan. Mar. May 20 Jan. 2 Mar. 2 Mar. 10 Mar. 10 Mar. Feb. 3 8 Mar. 18 4* Jan. 11 Jan. 8 1754 Mar. 5954 Mar. 1154 Apr. May 47 98 18 Jan. 45* Feb. Mi IP Jan. 1254 May 1054 May 254 May 40 Feb. 3054 2654 1354 2554 10454 1354 Jan. 96 15 Jan., May May 73 itg 32 3 20 654 1 354 1 1954 22 33 5 345* 21 19 20 4054 7 3454 14 135 595* May 3 2954 33 Sale 75* May 18 905* May 25 May May May May May May May May May 1254 May 13 1054 May 26 234 May 18 41 May 15 1154 May 17 47 May 14 11 3 Sale Sale 954 May 3 935* May 11 454 May 20 2954 May 28 Sale 1334 108 U 6 75* May 18 905* May 25 3 May 13 85 Sale 51 10014 101% 1314 Sale Sale Prices , 41 1614 1614 Sale 85 145* 56 Sale 107 Sale 13 53 355* 3714 14 Sale 106 Sale 22 29 H Sale 33 Highest Sale Prices 5054 60 80 Sale 5134 1234 5114 it* Sale Lowest Sale Prices 834 May 14 1034 Sale 334 May 13 354 1954 1934 May 25 2254 Sale 35 May 13 375* Sale 345* May 19 40 54 Sale 205* May 13 2354 Sale 52 May 13 565* Sale 3454 May 17 3654 Sale 8 138 135 May 3654 3654 66 im 73 54 ""354 "3H 95* 13534 138 Highest Sale Prices Sale 535* 3454 13754 34 14 H 405* Sale 1481* 158 ....... Preferred 100 1,340 --* 8,800 Hershey Chocolate Conr preferred 8,400 ..... * .._* 48,900 Holland Furnace $5 cony preferred.........* 5,140 5 121,500 Hollander (A) Ac Son ....—* 102,100 Holly Sugar Corp 220 7% preferred...........100 21,775 Homestake Mining.......100 * 9,800 Houdaille-Hershey cl A Class B * 148,500 1,100 Sale 23 Sale lioo 1281* 130 6% ....... 2,200 414 51 35,400 Hat Corp class A........ ...i i,o4o *54% preferred....... ,.100 2 175,900 Hayes Body ,..25 14,400 Hazel-Atlas Co * 366,400 Hecker Prod Corp v t c.. '..".25 2,600 Helme (G W) 854 91 Sale Lowest Sale 1154 Sale 9654 354 Sale 654 May 28 3 54 Bid 93 » Ask Ask Bid 854 95* 10 92 905* 905* 35* Sale Sale Ask Bid ....—100 5,000 Hackensack Water...... ...25 Preferred A ...25 2,760 6,400 2,100 V 73,400 1;480 20,200 554% preferred ......10 79,900 Guantanamo Sugar......—* Preferred 3,220 ..........100 20,800 Gulf Mobile Ac Northern..100 Preferred 19,100 ...........100 6,. May 1 1937 Par 77,100 Gotham Silk Hosiery......* 1,380 Preferred __10o 993,700 Graham Paige Motors... I Granby Cons M S Ac P— 2nd stamped new......—5 355,300 133,500 Grand Union Co trust ctfs.-l 70,200 Conv preferred series.....* 73,300 Granite City Steel.........* 42,200 Grant (W T) » 360,300 Great Northern If ore prop.* 700,700 Great Northern pref ...10i> 160 148,800 RANGE SINCE JAN. 1 Price Jan. 1 Shaw 35 PRICES IN MAY STOCKS N. T. STOCK EXCHANGE Since EXCHANGE—STOCKS Feb. May Apr. Jan. Apr. Apr. May Jan. 5 6 8 7 Feb. 10 20H 16 108 Feb. Feb. 105 Jan. 22 18 5854 Mar. Apr. 128 Apr. 1254 May 10154 May 4 May 101 Jan. 43 140 5 Feb. 26 175* Jan. 11 10654 Feb. 10 Jan. 14 1095* Mar. 3 1554 Jan. 25 1154 May 100 May 140 May 275* May 126 166 5 14454 May 3 125 May 27 58 Apr. 19 10254 Mar. 4 3554 May 7 1055* Apr. 8 21 Jan. 5 3154 Mar. 25 1105* Apr. 21 336 May 10 z37 Mar. 7 205* Apr. 185 Feb. Jan. Feb. 11 Feb. 3 9 6 2 13554 Feb. 675* Jan. 21 111 Jan. 19 5 525* Feb. 12054 Jan. 4 305* Mar, 9 7 4354 Jan. 1145* Mar. 3 431 Mar. 29 41 Jan. 5 2754 Feb. 11 Household Finance— 1,700 1,200 132,500 15,800 1,400 18,800 4,200 1,048,000 227,200 47,200 300 ; Common stock new.....—* 5% preferred 681* Sale y t c.25 Howe Sound yot trust ctfs--5 Hudson & Manhattan....100 13~" Sale 643* Sale 434 .45* Preferred. ........100 13,400 * 497,200 Hudson Motor Car.... 51,200 Huop Motor Car Corp new.l 36,500 36,100 110,000 119,900 6054 Sale 9254 1654 Sale 7834 Sale 354 35* 954 1254 1854 Sale 354 Sale 5*5 Sale 92 ........100 Houston Oil of Texas 1234 Sale Rights................... 595* 62 Sale 90 15J4 Sale Sale 35* Sale Sale Sale 59 May May 1354 May 70 May 3 May 854 May 1534 May 3 May 90 25 28 13 18 19 28 14 11 '64 May 18 61 May 9254 May 17 795* 35* 954 1954 354 5*6 3 4 May 1 May 4 May 3 May 21 May 4 May 1 May 1 Mar. Apr. Jan. Jan. 3 May 854 May 1554 May 3 May 164 May 5754 8854 1254 625* 25 9 4 4 19 28 14 11 18 73 Jan. 94 Mar. 1754 Jan. 9054 Mar. 55i Jan. 1554 Jan. 235* Feb. 4 Apr. 7is Apr. 11 20 22 10 21 21 17 24 28 ' 44,500 2,000 573,500 Illinois Central..........100 6% pref series A 100 15,100 Leased line stock......100 2,540 RR sec stock ctfs ser A1000 11,620 350 530 900 111,300 32,300 2,200 Indian .......10 Refining 50 301,000 Industrial Rayon Corp.....* 19,900 Ingersoll-Rand.. 860 6% preferred ...........100 31,300 577,500 76,400 .......—* 101,700 Inland Steel... Rights 577,500 820,100 Inspiration Cons Copper..20 6,400 4,300 2,100 6,300 73,200 25,100 4,600 4,900 40,300 4,500 66,400 12,000 10,900 142,100 1,400 20,200 15,500 36,900 45,700 750 50 540 7 700 4,100 2,100 370 89,400 14,300 240 52,100 800 8,200 120 730 24,300 2,200 o 70 126 Sale 13554 1135* 130 19 14 Sale 39J4 127 135 Sale Sale 96 Sale Sale 24 Sale Sale ~ Sale 5 5* Sale Sale 60 475* 109 Saie 434 m 59 Sale 108* Sale 1854 Sale Sale Sale Sale Sale 160 Sale Sale Sale 1095* 14654 1154 954 1154 Sale 150 100 Internet Mercan Marine....* Int Mining Corp •*' m m mmmmm m m m 1 1,083,100 Internet Nickel of Canada..* 4,500 290,400 208,700 735,900 537,100 4,670 1,950 8,800 10,000 20,400 49,500 4,555 1,229,200 89,300 1,590 52,100 28,700 37,500 X]vv 480 Int Business Machines * Internet Harvester*..... * 7% preferred 100 Internet Hydro-Rlec Sys A.25 Preferred.. Internet Paper Class B Certificates..............* 100 106 ....100 86 ......* 12 * Preferred.............. 10C Intertype Island Creek Coal 1 Preferred............... Sale 132 Sale Sale Sale Sale Sale Sale Sale Saie Saie 65* Sale 27 Sale Sale 88 Sale 4454 4354 Sale Sale 2554 44 Sale Sale 96 Sale 325* Sale 105 Sale Sale Sale 105 Sale 2834 Sale 1205* ...........* ....... 84 23,800 Kayser(J) Ac Co ..... Sale Convertible class A.......1 Cony class B.............1 1,480 KendalI Co part pref set A..* _..._* 1,102,300 Kennecott Copper 161,400 Keystone St'l &Wlre.Co new * For footnotes see page 40* 285* May May 62 May 19 May 46 13 May 385* May May 135 May 9654 May 5* May 1754 May 45* May 654 May 5754 May .0754 May 65* May 1654 May 6 May 4654 May .4954 May .02 May .46 May 10 May 954 May 10 May 126 May May May May May May May 77 124 128 Sale Sale 44 Sale 34 120 Sale May May May May P.r> Sale 225* 104 20 110 102 Sale 1654 May 125* May May 5154 May 16 1554 May Sale 39 May Sale 654 May 59 May 6254 Sale 215* May Sale 85* May 105 May 125 1754 Sale 10454 107 6054 Sale 120 1305* Sale 125* 105 Sale 18 28 10 25 19 20 13 12 28 28 18 18 10 13 21 13 13 13 18 27 14 26 13 13 18 5754 May L2754 May 165* May 12 May 654 May 96 May 6 May 654 May 43 54 May 2534 May 4254 May 3754 May 915* May 95* May 2034 May LOO May May May May May Sale Sale 157,900 Kresge (S S) Co ^.........10 1 14,200 Kresge Dept Stores 100 1854 185* 2854 2854 285* 126 12254 126 126 30,400 Kimberly-Clark............* ♦ 77,400 Kinney (G R) 8% preferred.............* 26,240 8% preferred "20"" 15054 Sale 5 330 Kelth-Albee Orpheum pf.100 Kelsey Hayes Wheel— 1854 2754 120 87 430 Kansas City Lt 1st pf Ser B * 100 126,600 Kansas City Southern Preferred...... 100 16,500 20,100 Kaufman Dept Stores ..$12.50 310 Sale Sale "I§54 "20" Corp........... 9,700 85,700 Johns-Manville Preferred 100 2,620 11,475 Tones Ac Laugh Steel pref.100 21,200 Kalamazoo Stove & Furn ColO 68,000 62,800 1054 Rights Jewel Tea Inc > Sale Sale Sale Sale 28 International Salt.........* International Shoe.........* Interstate Dept Stores Sale 130 9 International Silver Sale Sale Sale • Preferred Sale Sale .....100 preferred Internet Tel 8c Tel Sale 65* 6554 Sale Sale Int Rys of Cent Amer 7% Sale Sale 1355* • Preferred..... Sale Sale Sale ...100 Class C Sale 634 Ac Power cl A * „ • 136 21 Sale Sale 151 40 124,600 8,200 2,300 2,200 4354 6354 195* 145* Sale 400 160 Sale 61 Sale 191 1,140 1,500 120 6,600 8,300 3,700 Sale 46 65 Prior preferred 99,600 24,200 238,100 12,300 895,300 238,400 308,900 1,500 2,700 , 135 117 285* 58 6054 2034 1554 Sale Sale Sale 220 . 1514 Sale 1314 1314 Sale 37 134 Sale 45 315* 198,700 Intercontinental Rubber...* * 1,188,400 Inter lake Iron.. 516,700 Internet Agricultural......* 1,200 10,800 ; 71 68 1 46,900 Insuransharea Ctfs Inc 76,200 flnterboro Rap Tran v t c 100 32,000 d Interchemical Corp 6% preferred.. —100 2,350 470 ' 231* Sale 4634 47 101 325* May 53 May May 2154 May 1554 May 4454 May 129 May 13554 May 1145* May May 245* May May 8* May 62 May 10954 May 854 May 2054 May 754 May 5554 May 160 May 1095* May 148 May 125* May 1154 May 125* May 63 625* May May • May 1454 May 754 May 10854 May 754 May May May 26 May 44 May 4354 May 96 May 115* May 275* May 104 May 154 May 1954 May 295* May 12454 May 130 20 3 13 6 14 18 13 26 1 25 26 20 76 7 6 10 8 1 3 6 12 4 13 27 5 1 12 12 4 1 7 28 Jan. 46 125 13354 9654 5* 1754 45* 654 7 20 28 1 1 3 28 13 4 12 4 10 5554 12754 1654 1054 90 If 554 654 4354 2554 4254 24 Apr. 28 May May Apr. May 13 26 Apr. May Mar. 12054 May 32 May 11554 Apr. 125 120 101* \l* 106 5954 19 4354 8 6354 2454 1054 1065* 20 Jan. 35 Apr. 2754 May 2054 May 9854 Apr. May 26 1654 May 4 125* May 6 101 May 27 51 May 1554 May 3854 May 554 May 475* May 215* May 85* May 18 105 Apr. May May Apr. May Apr. Jan. Jan. May May May 18 20 Apr. 20 Jan. 6 Mar. 16 Mar. 11 Apr. 14 Apr. 14 Jan. Jan, 4 22 Jan. 18 Jan. Feb. Jan. Jan. Jan. Jan. Jan. 29 IIP, 185* 23 71 134 54 May 124 \khH Feb. May May May 1 May 1754 Apr. 2554 Jan. 121 189 Apr. 29 May 27 2^ May 15 4 May 8 125 May 5 34 May 4 120 May 26 255* May 7 7 3654 May 30 May 1 May 13 May 6 6 May Apr. Apr. Jan. Jan. May 100 21 135* 645* 1115* 1154 2854 954 6354 Jan. Jan. 5 5 Jan. 1315* Mar. 6 % May 13 3354 Feb. 23 1075* Apr. 45* Feb. 1654 May 42 Feb. 137 May May May May Jan. Jan. 19 10 8 20 4754 Apr. 20 144 Apr. Mar. May Jan. 41 Mar. 17 Mar. 11 8* Jan. 20 Mar. 11 iff Jan. 20 May 145* Jan. 125* Jan. 365* Jan. 62 14954 9954 144 54 854 654 25 38 2254 Jan. Apr. 9 7 Jan.■ 5 V Apr. Apr. Apr. Apr. 6 6 6 Mar. 10 12 6 29 13 2 Jan. '?!8 6 Feb. 16 Jan. 85* 6754 285* 4954 30 Feb. 16 Jan. 25 Jan. 4 52 Mar. 11 Feb. 19 Feb. 17 5 110 14 Jan. 27 28 10754 Apr. 154 May 18 26 2654 Jan. 30 Apr. 26 16 12654 Mar. m 8754 Jan. 8 6 19 30 15 29 155 126 Jan. 5 8 Jan. 2 136 46 Feb. 15 Jan. 6 Mar. 17 Mar. 17 Jan. 16 W nH Mar. 275* Jan. 110 Jan. 23 54 Feb. 1954 Jan. 10954 Feb. 6954 Mar. 2054 Mar. 465* Apr. 954 Mar. Mar. 71 2954 Jan. 1554,.Jan. 147 Jan. 5 18 14 11 14 4 10 8 14 30 30 2 16 13 N. Y. STOCK EXCHANGE-STOCKS 36 sales aggregate In May f 180 150 11,700 400 11,200 3,000 17", 200 15,100 4,800 5,200 2,600 1,800 21,400 9,300 2,200 2,200 11,300 1,100 • 5,200 9,600 1,800 , ■ 1937 Par Sid 9,300 Kress (S H) & Co new.. 131,100 Kroger Grocery Ac Bak.—* ......—...10* 2,580 Laclede Gas Preferred ..........IN 2,190 —* 161,900 Lambert Co (The) —.....♦ 6,500 Lane Bryant 172,500 Lee Rubber Ac Tire....—...ft 69,700 Lehigh Portland Cement..25 4% conv preferred 100 2,140, .......50 344,100 Lehigh Valley.. 166,200 Lehigh Valley Coal * Preferred .........At 75,510 * 35,000 Lehman Corn (The) 35,000 Lehn & Fink Products Corp.5 31,100 Lerner Stores Corp 157,900 Llbbey-Owens Ford Glass...* • 285,900 Llbby McNeill 8c Llbby 5 14,200 Life Savers Corp—..— 11,700 Liggett & Myers Tob com__25 "B" 25 107,80u Preferred.. 100 4,800 21,200 Lily Tulip Cup Corp * 136,400 Lima Locomotive Works....* * 23,200 Link Belt Co .....-* 73,600 Liquid Carbonic * 405,300 Loew's Incorporated Preferred * 4,500 • 463,800 Loft Incorporated... 196,100 Lone Star Cement Corp.....* * 294,900 Long Bell Lumber A.. 21,600 Loose-Wiles Blsc.........-25 5% preferred .....100 1,180 10 265,000 Lorillard (P) common 43 23 23 38 Shares 1,100 19,900 4,800 56,200 1,100 23,000 16,200 8,700 4,800 130 18,400 : ... ... ... 6 600 —100 * 51,100 Louisville Gas Ac Elec A 6,800 11,000 39,400 Louisville Ac Nashville....100 1 343,100 Ludlum Steel—.— 4450 190 900 10 12,000 11,000 3,400 3,100 1,400 200 770 60 1,900 190 - 6,300 2,000 4,100 18,600 1,750 60 ' 550 380 1,300 35,500 24,800 5,700 5,400 8,600 Mathleson Alkali Works 800 ""150 4,000 17,000 1,900 2,700 16,300 22,900 35,600 2,400 6,300 191,400 3,900 37,700 43,000 145,700 50,600 533,400 28,700 102,400 120 Stores new com .1 tMcCrory 870 400 540 1,500 12,900 1,060 70 4,700 38,800 22,200 6,200 4,300 230 29,700 2,800 700 400 230 10,600 11,800 29,400 6,300 16,500 9,010 5,400 112,300 800 510 137,200 12,800 9,200 5,300 5,000 230 2,300 2,400 250 9,600 23,300 1,200 81,500 440 10,300 2,800 44,100 1,100 3.600 300 24,500 * McGraw Hill Pub Co Mclntyre Porcupine Mines..5 McKeesport Tin Plate newlO McKesson Ac Robblns———.5 S3 conv McLei an pref.———...——* 1 Stores Co. 6% conv pref—.—100 ...— * 194,200 Mead Corp S6 pref series A —* 2,060 20,200 Melville Shoe Corp...... —* 6,100 920 80 6% cony pref new—...100 McGraw Electric Co......—5 v! 344,800 7,740 1,060 79,900 746,700 261,000 95,600 5,630 1 5% conv 1st pref.......100 Merch & Mln Transp Co..—* Mengel Co ... .......5 Copper.........—.5 Meats Machine Co riiami Mid-Continent .. Petroleum.10 I,690 44 H 4% conv pref ser B.....100 669,200 Minn Mollne Pow Implem—* Preferred * 15,400 10U 10,000 Minn St Paul Ac S S M Preferred......—......100 9,400 Leased line...—.......100 6,750 —...* 82,300 Mission Corp Mo Kan-Texas 203,900 Preferred series A 100 295,100 10» 88,800 {Missouri Pacific Convertible preferred.. 100 237,200 20 120,110 Mohawk Carpet Mills 57,400 Monsanto Chemical Wks..10 948,600 Montgomery Ward Ac Co.....* 7,000 Morrell (J) Ac Co.........—* —.50 2,250 Morris Ac Essex... 913,100 Mother Lode Coalition.....» 71,300 Motor Products 5 111,290 Motor Wheel 19,700 Mueller Brass Co.—........1 85,700 Mulltns Mfg Corp Class B...1 Preferred. .—•————* 3,890 ..........* 32,600 Munslngwear 17,530 Murphy Co (G C )..........* 5% preferred .........100 1,310 Rights 29,130 292,300 Murray Corp of America—10 II,900 Myers (F E) Ac Bros.........* ............ ..... . 18 40. 28 3834 L50 Sale 18 Sale Sale " Sale 3954 L19 Ask 25 3634 Lowest Highest Sale Prices Sale Prices May 26 1934 May 25 1634 May 18 25 1434 May 10 22 54 May 13 3534 May 19 Sale 39 Sale 11 Sale 49 46 Sale Sale 16 Sale 1334 2634 Sale 99 956 Sale 2634 2734 107 10834 Sale Sale 172 Sale 96 Sale Sale 15634 22 Sale Sale Salt Sale 5456 SaU 4334 Sale 57 Sale Sale Sale L08 L68 21 60 66 Sale Sale Sale Sale 10534 Sale Sale Sale Sale Sale Sale L0634 107 2 34 234 5734 Sale 634 Sale 41 4334 10934 Sale Sale Sale 110 Sale 14334 Sale 2534 Sale 9034 Sale 3034 Sale Sale Sale Sale Sale Sale Sale 3254 May 27 Sale Sale 1434 Sale "" Sale 5 534 1834 634 " Sale" Sale 18 2034 14 "1434 "16"" 30 May 44 May 4434 May 1234 May May May May May May May May May May 334 May 1034 May 254 May 1034 May 2434 May 334 May 4234 May 2234 May 2334 May 7 May 5434 May Sale Sale 7 1954 27 3734 1434 Sale 9 10 Sale Sale 1034 Sale 234 234 1634 20 3634 39 5 534 49 5034 1934 1934 21 Sale 20 Sale Sale 2434 434 Sale 234 1234 2934 2 16 Sale Sale 434 50 1434 Sale 3934 48 50 .0634 HO 36 Sale 1834 Sale 00 41 102 4134 2334 2434 3934 Sale 1334 4434 1734 Sale 4534 Sale 3734 Sale 2634 Sale 96 Sale 8234 1154 Sale 81 5634 Sale 11 1034 38 3934 4434 10634 Sale 30 llH 59 40 Sale Sale Sale 9234 50H Sale 2234 Sale 35 3234 Sale 1434 Sale 4434 4534 1434 1434 Sale 142 Sale 53 10 11% 106 2734 Sale Sale Sale 44 Sale 1234 9934 Sale !234 Sale 62"" m 11% Sale •>.74;- . 1434 49 Sale 13 27 86 Sale Sale 98 2634 9334 73 1134 39* 36 64 Sale 58 16 Sale Sale Sale 31 Sale Sale 27 Sale Fog 3934 Sale Sale 34 114 Sale 10334 106 102 10534 115 120 Sale 115 102 117 100 Sale 106 103 11234 Sale 1134 Sale 1334 Sale 94 Sale 2 90 i54 334 5 4 Sale 2934 Sale 7 Sale 2534 Sale 3 Sale 734 Sale " Sale 9834 Sale 4334 6634 134 Sale 434 2934 734 2734 534 454 Sale Sale Sale Sale 9 34 Sale 3134 Sale 4034 58 215l 4134 98 Sale 2934 7334 Sale 10634 108 1734 Sale 6134 Sale Sale Sale Sale Sale Sale 1534 9934 96 108 May May May May May May May May May May May May May May May May May May May May May May May May May May 01 14 4 .08 1134 May 18 22 18 30 18 834 3134 534 1034 3434 9134 10 May May May May May May May 12 134 334 334 2534 734 2634 434 2954 9434 29 78 13 18 20 834 May 18 28 42 6034 Sale Sale Sale 44 Sale Sale Sale 39 Sale 28 Sale May 59 May May 305. May Sale 2034 May 21 Sale 40 Sale 2434 May 8954 Sale 107 106 34 90 13 12 May 19 2734 May 13 73 May 28 106 May 26 5 Y& May 1134 May 18 3 63 May Sale 1734 May 14 Sale 1934 Sale Sale 35 18 13 Sale 2534 Sale 140 26 95 149 27 98 3134 Sale May May Sale 1134 May Sale 2434 May May 15334 145 Sale 2634 May Sale 9634 May Sale 3034 May Sale 4 Apr. Apr. 4 Jan. Jan. Jan. Jan. 24 Mar. 23 14 14 14 6 1734 Mar. 1 2754 Mar. 11 5134 Feb. 1 6 203 Feb. 1 17 18 18 8 11 9 16 2 18 4 28 13 5 15 14 3 19 23 2 11 26 8 12 8 20 13 17 11 36 Feb. 11 9 13234 Feb. 6234 Mar. 8 5834 Mar. 8 1534 Jan. 20 Mar. 10 754 Jan. 12 7 Mar. 30 63 30 Jan. 11 2134 Apr. 6 1654 Jan. 11 16 Jan. Jan. 29 s' Feb. 6 39 14 20 3 17 13 29 21 20 May May May May Apr. 1 5 8 May May 513 305 Mar. 10 29 Apr. 30 135 Mar. 10 74 Feb. 5 May May May May May 6 21 39 May May May 3 12 25 3 Feb. Feb. Mar. Jan. Jan. Mar. Mar. Jan. 4 4134 Jan. 8 25 14 3 20 65 165 28 13 18 17 18 27 15 14 May May May Jan. 4 4 May 3 May 20 May 1 May 12 May .3 May 1 May 1 May 24 May 5 May 7 May 4 May 7 May 4 May 25 May 1 May 6 May 13 May 5 May 28 May 1 May May May May May May May May May May May May May May it* Mar. 15 Jan. 11 Jan. 13 45 Jan. 13 111 Jan. 36 Jan. 22 2 Jan. May May 3 24 28 12 7 May May May Jan. May 1236 May 98 May 2534 Jan. 9334 May 7034 Apr. 1134 May 3934 May 34 May 58 Apr. 1434 Apr; 2734 May 3434 May 114 May 9934 May 96 May 108 May 11 Jan. 8834 Jan. 134 Apr. 3 Apr. 334 May 2534 May 654 Jan. 2434 Jan. 66 27 May May May May May 2434 10634 5434 2834 4234 4234 1634 4734 19 13 9 Jan. 7234 2634 3534 4836 Mar. 5 Feb. 23 Mar. 10 . Mar. 16 122 Jan. 5 2 106 Jan. 22 120 Mar. 17 124 Mar. 10 1634 Mar. 11 101 234 534 634 34 93 85 48 90 9434 May May 2734 70 Jan. May 102 10734 May Apr. 2i32May 10 54« Apr. 1534 May 4 1134 May 6734 May 24 583* Jan. 8 41 28 30 81 8 16 21 3 2434 12 Feb. 12 40 Jan. Jan. Jan. 31 34 3054 2034 14 1634 Feb. 4734 Mar. Jan. 59 19 Jan. Mar. 24 Mar. 17 86 Jan. 39 Jan. 101 7 28 May Apr. May May May May May Apr. May May May May Feb. 11 Mar. 2 Mar. 12 11234 Jan. 14 3434 Apr. 19 3 _ May May May 14 2034 Sale 38 May May May May May Apr. May May Apr. 1 15 8 May May May 14 Sale 673* May Mar. 10 6 May 27 1454 Sale 64 62 .13 1354 9934 134 334 434 92 34 May May 14 8534 May 12 48 May 13 Sale Mar. Jan. 1034 May May 7 Sale Sale Jan. May 39 22 106 34 26 30 20 1734 17 9234 19 52 19 2234 10 3534 39 11 18 1434 28 4554 19 1434 17 104 14 3034 96 11 11 75 18 1334 13 4334 25 3534 18 6434 13 1834 15 3134 18 41 18 17 Sale 1932 60 334 454 Jan. 3534 Apr. 28 3734 May May 17 145 May 28 61 30 Sale 55 134 3434 27 Sale May 1434 May 2034 May 10 May 22 May 434 May 11 May 234 May 13 May 29 May 4 May 4434 May 2534 May 29 May 934 May 59 May 88 Sale 86 Sale "3334 "34"" 134 4 3 2234 Sale 35 x Sale 9934 93 134 113 17 4734 2434 2754 4134 Feb. 106 90 Sale 17 934 May 18 3534 May 21 Sale 3034 Sale 9534 Sale 75 72 43 39 Sale 152 142 104 108 Sale 55 J 56 5534 44 Sale Sale 934 Sale L50 62 Sale Sale Sale 163 Sale Sale Sale Apr. 24 1934 May 25 1634 May 18 25 May 21 1834 Jan. 2 13 Apr. 28 3234 May 28 130 May 5 4 5034 May 4834 May 4 1434 May 4 x5056 May 27 634 May 8 434 May 14 21 May 1 13134 130 Sale Sale 4434 5334 Sale 1434 Sale 55 Sale 7 3034 May 13134 44 27 3234 May 107 Sale 32 35 34 17 Apr. 28 2434 Mar. 2134 May" 7 134 Apr. 29 234 May 4 334 Jan. 11 May 4 954 May 6 183* Jan. 12334 May 7 11734 May 14 137 Mar. 16 1734 May 11 Apr. 19 2134 Feb. 46 5034 May 4 May 18 5834 Jan. 71 May 8 6134 Apr. 28 79 Jan. 13 34 May 3 934 Apr. 2 1534 Mar. 2734 May 12 2534 Apr. 25 2834 Jan. 99 93 May 10 May 20 11334 Feb. 94 54 May 19 114 9934 May 7 Jan. L5634 May 10 151 Jan. May 20 175 2334 May 5 *1834 May 28 23J May 69 59 Jan. 4 May 7 83 j Feb. Jan. 5134 Apr. 27 61 5534 May 3 43 34 Jan. 5134 May 22 4 53 54 Mar. 6434 Jan. 4 8134 May 8434 Apr. 106 May 10534 May 11 110 Jan. 3 May 3 54 Feb. 234 May 14 5834 May 5034 May 14 7534 Mar. 834 May 634 Jan. 4 1034 Jan. 3434 May 3234 May 13 4334 Jan. 110 Mar. 31 110 May 12 106 May 2234 May 7 2134 Apr. 30 2834 Feb. 14134 May 5 13834 Mar. 30 14734 Jan. 2234 May 28 1934 Apr. 29 2834 Jan. 93 May 7 Mar. 8634 Apr. 29 99 34 May 3 2934" Jan. 4 4134 Mar. May May May May May May May May May May May May May May May May May May May May May May 2134 May 13954 13834 May Sale 1934 May Sale 8734 May Sale 2934 May Sale 3334 13134 7 Sale 108 Sale 23 3934 May 5 2234 May 4 20 May 24 3054 May 24 7 2134 May 1534 May 12 2534 May 1 4034 May 6 160 154 Sale May 21 1934 May 14 180 Sale Sale Sale Highest Sale Prices 34 Sale 1934 Sale 1934 1734 28 2334 2034 Sale 12 1534 Sale 1834 Sale 58 34 60 70 34 189 160 1834 Sale 234 Sale 16 1654 5 1,094,800 Nash-Kelvlnator Corp 40" "41 10ft 6,660 Nash Chatt Ac St Louis 19 Sale 1 188,900 National Acme 1434 Sale 10 78,000 National Aviation Corp 32 Sale 10 391,000 National Biscuit 7% preferred.. 100 16234 ----3,600 33 Sale 51,500 Nat Bond At Investment Co 5% pref series A........100 10034 10234 5,200 3134 Sale 205,800 Nat Cash Register.. Fee footnotes see page V&v* 3934 18 34 Sale 1434 15 34 —100 First oreferred 4134 Sale 25 34 Midland Steel Products..—* 360 Milw El Ry At Lt 6% pref—100 22,700 Minn-Honeywell Reg Co.—.* Ask Bid Sale Lowest Sale Prices May 28 May 1 Ask 40 ... 7% preferred—......—100 330 42,400 May Dept Stores........—10 Maytag Co (The)—.—.....* 33,400 Pref with warrants • 4,800 S3 preferred ex-warrants..* 140 $6 1st preferred 790 —* 33,800 McCall Corp 50 4,800 2,400 < Preferred 7,800 MacAndrews Ac Forbes Co..10 280 6% preferred... * ....—* 195,100 Mack Truck Inc —* 142,800 Macy (R H) Co, Inc 32,500 Madison Sq Garden v t c—* 44,500 Magma Copper............10 100 29,100 {Manati Sugar Certificates of deposit.. 100 900 7% preferred 100 11,430 Pref ctfs of deposit—-.100 160 * 17,600 Mandel Bros 1,110 {Manhat'n Ry Co. 7% gu.100 Mod 5% guar 75,600 ...100 50,600 Manhattan Shirt..........25 1 165,200 Maracaibo OH Explor.. 5 286,800 Marine Midland....... 100 16,370 Market Street Ry 11950 Preferred 100 7,260, Prior preferred........100 Second preferred 10# 5,840 17,700 Marlin-Rockwell Corp. (Del.) 1 • 415,400 Marshall Field Ac Co ~~ 47,700 Martin (Glenn L) Co...—..1 112,700 Martin Parry Corp...—.—.* 38,200 Masonite Corp 69,900 RANGE SINCE JAN. 1 Price Jan. 2 Jan. 1 Shares IN MAY PRICES STOCKS N. Y. STOCK EXCHANGE Since 40 * 101 Mar. 10 Jan. 23 Mar. 4 Jan. 8 Apr. 5 Mar. 17 Mar. 8 Mar. 17 Mar. 17 Jan. 23 Jan. 18 69 10 46 17 Mar. Feb. 6634 Jan. 334 Feb. 18 26 3836 Jan. 15 26 Feb. 13 51 Mar. 15 3934 Mar. 20 9934 Mar. 19 3634 Feb. 11 90 Mar. 13 10834 Jan. 26 Apr. 20 ffi 8 May 1734 Jan. 35 May May 28 18 May May 13 May 1134 May 18 181 May 2434 May 17 33 j May 26 14834 Apr. 10 167 May 6 2554 Apr. 29 33! May 19 9634 Apr. 29 1083 2954 Jan. May 21 5 38 ff Feb. Mar. 11 1 Jan. 28 Mar. 11 Mar. 9 Jan. 21 Mar. 2 Jan. 18 Jan. 13 Feb. 3 Feb. 25 JuNEj 1937] AGGREGATE SALES In Since May N. Y. STOCK EXCHANGE 7,400 1,870 39,100 200 27,200 32,800 700 10 1,800 23,000 25,100 1,200 4,500 5,800 1,300 1,000 1 ^ 68,100 3.700 473,100 T, 900 6,600 25,400 7,200 2,780 2,820 29 34 # Preferred Nat Power Br Light Steel............29 71 National Supply of Del...25 Preferred .........100 67 National Natomes Co 180 78,300 1,177,600 400 430 96,100 3,200 61,300 1,200 190 242,500 430 8,900 27,800 12,200 X 620 (J J)-......--* 57 New York 56 ? 59 107 15 Rights.................— 10% preferred 83 Sale 82% Ton mil% .. 190 . ......50 100 Telegraph..50 Norwalk Tire Ac Rubber....* ...........60 Ohio Oil Co 1,920 """400 2,400 .* ........... 134 17 $5.50 conv 27,400 9,900 Outboard Marine Ac Mfg....5 ; 20 x 13", 800 410 Outlet Co Preferred 30 135 Sale 118 81 78 "67 —, ..... 100 70"" 115 380 ' 340 "21# Sale* .........10 15,250 Pacific Coast. First preferred...... ...* 9,420 2d preferred ..* 12,240 19,100 Pacific Finance Corp (Cal)_10 540 2,000 197 600 Pacific 30 500 10 600 * ♦ 54,300 Pacific Mills 3,810 Pacific Teleph Ac Telegr-.lOO 580 160 940 5.700 107,400 1,800 15,800 8,490 1,600 136,700 1,107,000 8,300 139,800 21,850 19,700 170 •.1,170 15,200 3,700 26,600 3,100 45,100 4,500 4,000 4,600 20,500 31,500 28,100 2,454,500 68,500 :" 304,000 35*2 Gas Ac Elec ........25 98 000 Pacific Lighting Corp.. ::5 4,200 Preferred..............100 Pacific Western Oil... 4% conv preferred......100 1st preferred 100 2d preferred............10 At Tllford 96,200 55,800 262,200 18,000 51,900 534,500 12,400 Penney (J C) Co Penn-Dlxie $7 conv Cement.... pref series A 6,200 800 900 30,200 17,500 200 2,300 4.900 300 1,100 10,400 14,000 61,600 37,000 V'v 3,400 ■ 25# Sale 9# Sale 11# 13 100 34 26 3# Sale 5 Sale Peoria At Eastern........100 Pete Marquette 100 4# 38 Sale Sale 15 i 25# 4# 7# 16 6# 46 98 Sale 7# Sale 62# 67# 24 ' 25 Sale Sale 40# Sale 50# 54# 113 116# 50# Sale 4 5# 9 38# 900 620 : 780 12,700 19,300 1,000 - . 70 78 * 20# 25 100 Phelps Dodge... 25 Philadelphia Co pref 6%..50 $6 preferred * {Phlla Rapid Transit Co...50 7% preferred... ....50 Phlla At Reading C At I Philip Morris At Co * 10 Phillips Jones Corp........* Preferred 100 462,800 Phillips Petroleum.........* 6,600 Phoenix Hosiery........ 5 57,500 200 810 , Preferred......... ..100 104,500 Pierce Oil Corp 8% pref .100 23,500 PUsbury Flour Mills 25 For footnotea see pane 40 Sale 64 > 40 89 90 44 30# 130 130 22# 9# 11 10 Sale 93 100 4 7# Sale 55 Sale 26# Sale 10# Sale 40 Sale Sale Sale 47# Sale 49 13 15 70 Sale 17# Sale 28# May 18 14 24 14 23 26 May 22 64# May 13 29# 50 "47# 43# 89 93 x87# 5# 6 5# 9 9# 8# 1# Sale 1# 74 76 79 12# 14 13# 72 84 72 56# Sale 56# Sale 6% 7% 5# 7 5058 43 49# 17# Sale 16 Sale 29# 30 28# 29# : 17# 53# 16# 104# 12# 33# 127# 14# 112# 1 17# May 13 "96# May" 10 20# May 9 May 15 10# 26# May 13 32 15# May 18 19 22# MayL30 25# 28# May ,14 31 41# May 18 46# 31 May 13 36# 135 May 26 141 135 May 24 135# 20# May 14 25# \ 8# May 14 10 11 13 May 3 3 ' May 4 1 93 May 3 121 v 69 May 13 74 100 May 18 101 1/# May 13 22# 126 May 13 155# 16# May 13 20 27# May 13 30# 4 May 14 5# 37# May 27 39# 24# May 27 26 5 4# May 18 7# 6# May 18 14# May 17 17# 6# May 1 7# 38# May 13 46 87 May 19 100 3# May 18 4# 7 May 14 8# „ 50 May 18 58 25 May 1 27# 41# May 14 45 51 May 28 53 114 May 7 115 44# May 13 50 9 May 4 39# May 20 43# 75 28 75 80 12 19 80 11 17 11 18 24 28 20 19 13 73 4 "52# May" 13 6# May 13 50 May 5 14# May 18 28# May 27 i 10# '16 50 49# 90# 5# 9 1 # 80# 14# Mar. 38 1 3 12 18 1 4 1 8 Jan. 18 Feb. 10 Mar. 17 Apr. 9 Mar. 17 Jan. 22 Mar. Mar. Jan. Jan. 19 20 22 22 Jan. 20 Mar. 12 Jan. 7 Mar. Feb. Feb. Jan. Jan. May May Mar. Jan. Jan. Jan. Jan. 9 25# 15# 22# 28# 4jl # 31 14# Feb. 3# Jan. 38# May 87 May 3# Apr. 7 May 50 May 22 Jan. 39# 49# 112# 44# Jan. Jan. Apr, 34 Jan. 73 12# Apr. May May May May May May May May May May May Apr. Apr. Mar. 80 20 16# 7# ',28 1 # 70 18 Feb. 13 Mar. 1 Jan. 21 Feb. 3 Mar. 8 Mar. 6 8 26 Jan. 12 Mar. 4 96# May 10 23 Jan. 7 15 15# 4 40 18 27# 20 32# 38 14 18 53# 13 44# 26 152 28 149 14 29# 14 12# 3 17# 12 4# 6 121 Feb. 1 Mar. 3 Feb. 2 Jan. 14 Jan. 12 Jan. Jan. 14 9 Jan. Jan. Apr. Feb. Jan. Jan. May 90 Mar. 13 18 109# Mar. 13 28# Jan. 13 200# Jan. 13 26# Jan. 13 34# Jan. 14 ; 8# Feb. 27 44# Feb. 27 29# Feb. 18 7# Jan. 18 10# Jan. 5 23# Mar. 2 7# Feb. Jan. 13 64 19 103# Mar. 28 6% Jan. 14 12# Feb. 18 76# Feb. 13 29# Feb. 4 50# Mar. 4 2 6 18 20 25 13 10 18 28 28 28 5 25 3 3 14 20 11 18 9 8 23 2 1 10 17 63 Mar. 9 14 12 116# Jan. 27 65# Feb. 6 5 17 Mar. 4 4 48# Mar. 87 Jan. 7 May 13 4# Jan. 9 22# Apr. 5 73 Apr. 20 26# Feb. 16 75 4 114 x82% Apr. 28 17# May 13 3 5 3 14 Jan. 28 Mar. 11 Jan. 22 Mar. 3 28 Mar. 4 8 25 17 22 22 Jan. 14 Feb. 3 Jan. 21 Jan. 8 Apr. 29 May 18 60 x43% 7 43 7 x87% 6 4# 3 8# 58# May 4 7# May 14 51 May 5 17# May 1 30 May 4 11 Mar. 17 22 4 1 24 Jan. Mar. 7 7 28 7 13 3 1 5 8 19 15 25 13 10 97 May May May May May May May May May May May May May May May May 1 3 20 3 13 5 18 26 May Jan. May May May May May 135 May 133 Apr. 20# May 8# May 11 May 81 2# Jan. 13 60 Jan. 6 69 May 17 100 May 1 17# May 1 126 May 1 16# May 24 27# May 25 4 May 10 l37# May 3 24# May 5 4# May 25 6,# May 7 5 Jan. Mar. May Apr. Jan. Feb. Feb. Mar. Jan. May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May 1 10 3 5 4 1 1 21 1 3 4 Jan. 22 Jan. 14 18 Jan, 75 4 3 Apr. 22 Mar. 11 Jan. 22 Jan. 29 29 24 114 14 19# 14 45# 18 140 18 24# 23 134 75 20# 18# 14 14 Jan. Jan. Apr. May May May Mar. May Jan. 114 §5# May Jan. . 21# May 5 71 May 1 119# May 7 104# May 24 14# May 5 40# May 5 133 May 11 18# May 5 May 1 May 18 60 30 , "84"" May'11 "87 """May" "4 May May 20 May 16# May 7# May Sale 1128 May Sale" 243# May 43 May 44 Sale 287# May 4# May 5% 8# May 9# 1# May Sale 72 May Sale 13 May 15# 84 8 8# '32 Sale 54# Sale 87# 51# Sale 9 9# Sale 35 52 85 Sale Sale 75 ■80 83 10 Sale 23# Sale 15# 44 11# Sale 74 134# 80 • 17# Sale 97# 100# 6# Sale 12 13# 2# Sale 31# 70 29# 18# Sale 54 Sale 138 3 115 20 .... 345,300 12,100 2,300 10,620 9,460 293,300 92,200 12,400 J27# 15# 22# 29# 9# 29# 20# Sale Sale Sale 42 Sale 51 Sale 55 114 114# 112# 116 49# Sale 47 Sale 86# Petroleum Corp............5 146,400 Pfelffer Brewing Co.... * 107,200 Rights. 9 44# 50# 34 80 Pet Milk 58 14 125 132# 132 May 13 16# Sale 14# May 18 19# Sale 135# Sale Sale 17# 17# 29# 28# 30# Sale 4# Sale 38# 38# 38# Sale 24# Sale Sale 4# 4# Sale 7# Sale Sale 16 16# Sale 6# 6# Sale x39# Sale Sale 92# Sale 4 8 1 58 ....100 ......100 217,800 2,300 78 103 20 28 i 35 6#. Sale 9# 14# Sale 22# Sale 155# Sale 4% Sale 43# Sale 63 Penn Glass Sand Corp v t c..* Prior preferred Preferred.. 125 24# Sale 173# Sale 22# Sale Sale * Sale 72 90 62 * 3 78# 99 „ Sale 93# Sale ...10 Penn Coal Ac Coke.. Sale 18# Sale 25# 26 30# Sale 45 45# 36 # Sale 63 • Pennsylvania RR Co 58 People's Drug Stores Inc ...* Preferred..............100 490 lOu 102.800 People's Gas L At Coke 30 32 76# I .... 10# 58 * Paramount Pictures........1 133 10 10# Sale 16# 18 3% Sale .... 66 18# Sale 130 134# 122 73 81# 85# Sale 23 Sale 23# 24# 60 64# 67 64# 114 114# 85# Sale 94# Sale 19# Sale 17 # Sale 133 .... 400 132 23# Sale tPanhand Prod At Ref.....* 8% preferred..........100 Sale 17 Sale 16# May 99# 104# 104# May 14# 14# 13# 14 12# May Sale 38# Sale 239 33# May Sale 149 50 110 141 10 Paraffine Co Inc Sale Sale Sale, 90 36 Packard Motor Car.........* Pan Amer Pet At Trans .....5 15,300 Park 5,500 21# 69# 17# 51% Sale 41% Sale 150# 154 1,191,500 Park Utah Cons Mines.....1 * 47,700 Parke, Davis At Co 49,200 Parker Rust Proof Co....2.50 * 91,800 Par me lee Transport Co, 190,900 Pathe Film Corp....._.....* 463,600 Patlno Mines At Ent Cons ..* 3 249,500 Peerless Corp........... 25,300 Penlck Ac Ford.. 16,800 2,100 11,200 1,200 4,800 58,200 51# 4 # Sale 26# 36# 11% 12 25% 28# 22% Sale 32% Sale ... 99 Sale. 52 26# Sale 52# 54 11# Sale 98# 100 99 99# 33# Sale 68 May 93# May 30# May 20 May .9# May 20# May 126# May 126 May 1 # May 7# May 21 May 4# May 11# May 61 May 102# May 112# May 3 May 248# May 106 May 26# May 54# May 12# May 100# May 99 May 36# May 53 May 5# May 33# May 14 13 1 13 14 17 19 1 28 28 20 18 20 19 18 19 17 27 18 3 18 20 11 13 22 18 18 21# May 18 26# Feb. 8 Apr. 13 112# Feb. 11 Mar. 11 112 May 20 16# May 18 24# Mar. f9 6# Apr. 28 10# Jan. 28 27# Feb. 5 35 Mar. 17 108 107 14# May 18 18# 31# Apr. 28 x44 13 154# Apr. 26 171 5 133 Apr. 29 150 48 5 Apr. 8 61 # 4 8# May 18 14# 4 1 % May 4 2% 7 1 # Apr. 27 7 70 Jan. 2 94# 62 8 Jan. 26 109# 7 121# Feb. 26 130 5 7# May 28 12# 10 7 May 19 13# 42 5 May 18 57# 54 5 May 20 64# 3 100 Apr. 7 109 19 4 Jan. 6 37 28 10 Apr. 28 41# 24 73# Apr. 30 98# 40 7 Jan, 4 55# '32 Apr. 28 9,6 41 8 Jan. 4 72 83 10 Jan. 14 100 7 25# May 13 31# 7 15# Apr. 29 21 # 8 4 Mar. 23 12# 5 17 May 14 25# 6 121 May 17 135 4 125 May 19 137 4 1 2 Apr. 22 7 5# May 28 9# 7 15# May 28 26# 7 2# May 20 6# 25 8# May 18 15# 25 56 May 20 76# 3 95 Mar. 23 102# 5 107 Apr. 9 112# 7 2 Jan. 4 4# 10 236# Apr. 29 272 12 102 Apr. 8 114 27 22# May 18 34# 10 51 # Apr. 6 57 # 3 9# May 18 17# 8 97# Mar. 16 104# 6 93 Mar. 23 105 20 27# Jan. 4 36# 7 49 May 22 53# 21 3# Jan/ 4 6# 24 26# May 18 40 ----- ; 18,500 Owens-Ill Glass Co new 12.50 142.600 Pacific Amer Fisheries Inc..5 7,700 34 ..... .....200 1st pref....._.* ; 98 55# Sale 18 % Sale 100% 14% 15 36% Sale Prior preferred Sale 100 17% Sale Preferred A............700 761,100 Otis Steel 35,700 55 # 14% Sale 102# 105 101 103 % 27% Sale 52% 3% 3% 28 29% North Amer Edison pref....* Preferred 2I8# May 13 Sale Sale 53# Sale 18 19# Sale 248 103 245 110 24# 52# 12# Sale Sale 157# May 140 May 54 May 10# May 1# May # May 84# May 109# May 129# May 9# May 10# May 48 May 57 May 105 May 28 May 34# May 84# May 48# May 1 20 28 19 18 20 17 18 3 1 4# Sale 30 33# 240 102 31 55 ... Northwestern Sale 131 241 260 * 6% preferred 60 North American Aviation...1 Northern Central. Northern Pacific 125 269 Sale 2% Sale Norfolk Ac Western.......100 . 8# 18 122# 125 )U2% 114 110 7% 1st preferred * {Norfolk Southern.......100 23# May 25 4 112# May 10 112 May 20 18# May 1 7# May 10 >31# May 7 31# May 22 17# May 4 35# May 1 8 18 20 15 28 18 19 6 5 14 18 4 3 13 May 25# May 16# May 8 May 17 May 121 May 125 May 1 May 5# May 15# May 2# May 8# May 56 May 98 May 109# May 2# May 237 May 103 May 22# May 53# May 9# May 98# May 98# May 32# May 49 May 3# May 26# May Sale Sale Sale Sale Sale Sale! Sale 2# 5# Sale 16% Sale 4% 5% 12% Sale 70% Sale 97 100# 18 "59!^air27 85 1 1# Sale 7# Sale 5# 15# 20# Sale 4# Sale 2# 10# Sale 10# 58# 65 58# 102 ; 102# 101# 112 114 Ill# 2# 2# 2# "l% Sale" ..100 ... 130 128 126 126 1 American., 109 108 91# Sale 26# Sale Sale 9 19# Sale 22% Sale 128# 130 New York Steam pref 6%-..* Preferred..............100 Sale" 110 111 16# Sale Convertible preferred.. 100 North 59# Sale 27 tN Y Ontario Ac Western.100 Y Shipbuilding 45# 91# Sale 83% .....50 7% preferred..... Sale 22 "42% Sale" "67"" Sale" tN Y Investors Inc......,.* (N YNH & Hartford 100 N 31# 80# 30 75 41 N. Y. Chicago Be St Louis. 100 Preferred series A ..100 Sale 29 Sale Sale 25 f 19 36% Sale Central..........* 51,000 Oppenhelm Collins Ac Co. ,«• 131,400 Otis Elevator............ .* 6% preferred... 960 BO 2,000 27,200 2,900 2,600 55 (The) * 172,800 Oliver Farm Equip new.....* 392,500 Omnibus Corp v * e (The)...* 20 110 .......1 Highest Sale Prices 47 # 132 5% preferred series A... 100 50 117,200 294,20J 268,500 89,300 141,100 1,890 3,710 2,450 126,400 f 10,700 2,180 V 773,600 14,600 964,800 t 9,500 1,310 1,145,300 •vv 1.460 244,900 2,550 4,600 1,800 Co Sale Sale 69% 10% Sale 12% Sale * ....... Neisner Bros Inc 130 1/ 51# 52 10 Sale 9# 1 1# 1# # # 79 84# Sale 103 96# Sale 125 129 120# 8 8# 9# 10# Sale 10# 42 46 48 53 55 57 105 108 103 AH \ 126 National Tea Co.. ........* 680 New York Ac Harlem...... 50 20 230 18 # Nat Rys of M«x ls« pref.-.lOO 2nd preterred..........100 2t? 49 56# 57# 11# Sale * Lowest Sale Prices 21# May May May Sale 16# May Sale 6# May Sale 27# May Sale 31# May Sale 14# May Sale 31# May 156 154# May 137 140 May Sale 49 May Sale 8# May 1# 1# May ,# May Sale 78# May Sale 96# May 127 125 May Sale 7# May Sale 10 May 45 42 May 55% 54 May 103# 103 May 25 20 May Sale 29 May 83 75 May Sale 43 May 136 150 143 100 * 44,800 12,600 100 25,450 New York Dock....... 5% preferred.. .......100 25,530 9,900 22,700 23,700 10,900 10,500 1,370 B 165# A............100 Preferred Nat Mall & St Cast's Co 32 Sale N Y City Omnibus Corp Purchase warrants.. 200 t Nat Enamel Br Stamp.......* Highest Sale Prices 75 "28# Sale" 2,660 INew on Tex Be Mexico ...100 561,300 Newport Industries Inc 1 27,100 New York Air Brake....—• 3,350,600 1,272,900 86,100 67,700 Sale 19 .......10 Nat Gypsum Co 1 National Lead new........10 974 i 460 x National Dept Stores 6% preferred Sale 23# 109# 108 108# 108# 110 18# Sale 16# 7 7# 8# 31# 30# Sale 29 33 31# 15# 17# Sale 35# 34# Sale 152# 154# 157 108111 # 107 107# Nat Distillers Products.....* Lowest Sale Prices Ask 23 108 23# Sale * May 28 Ask Bid Bid Ask Bid 7% preferred clan* A....100 7% preferred class B....100 12,700 Newberry 234 - Nat Dairy Prod Corp 900 72,100 590,500 8,100 37,800 263,200 132,100 12,800 59,700 60,300 11,100 500 May 1 1937 3,800 48,100 \ Jan. 2 Par 403,600 1,620 2,930 180,200 35,980 618,300 12,600 39,300 283,600 2,800 310 610 RANGE SINCE JAN. 1 Price Shares 50,500 37 PRICES IN MAY STOCKS Jan. 1 Shares EXCHANGE—STOCKS N. Y. STOCK 29 12 19 14 17 11 18 Jan. 8 25 Jan. 11 11 19 15 10 14 8 2 12 21# 13# # 59# 24 54# 28 100# 20 7# 19 13 7 28 6 49# Jan. 4 6# May 13 50 Apr. 28 14# May 18 28# Jan. 4 5 91 14 Mar. Feb. Apr. Mar. Jan, Jan. Feb. Jan. 3# Feb. 1 84# Feb. 25 20 Jan. 16 87# Jan. 59# Apr. 6 5 Jan. 20 Jan. Apr. Jan. 13 5 18 9# 74# 20# 33# EXCHANGE-STOCKS N. Y. STOCK 38 AGGREGATE SALES RANGE SINCE JAN. 1 PRICES IN MAY STOCKS Price Since Jan. 1 N. Y. STOCK EXCHANGE Jan. 2 Shares Par 53 18 9* 1,160 Pirelli Co of Italy Am aha 18,200 Pittsburgh Coal (of Pa) 100 8,900 6% preferred ..100 70 Pitts Ft Wayne & Chic...100 430 Ask 73 175 Sale 32 Sale ....... 29* 5 Co.* .....* Sale Pond Creek Pocahontas Poor Ac Co class B.. 229* Porto Rican Am Tob cl A.. Sale * Class B 2% 119* tPostal Teleg Ac Cable pref 100 Pressed Steel Car com New.l Sale 5 Sale 5% cony 2d pref ....50 Procter Ac Gamble....... * 71 Sale 5% cony 1st pref Preferred 118 9* -.100 5% Sale Pub Ser Corp of N J common * 19* 289* 18 229* 69* 2 99* 249* 239* 62 61 115 43 122 9* 140 115 8% 159 140 113 1119*. 1129* 110 19* May May 199* May 279* May 69* May 2 May 99* May 24>* May 23 May 64 May 629* May 1179* May 43 May 105 May 1189* May 1289* May 1499* May 18 3 18 22 14 11 11 Public Service El At Gas— 1,800 $5 preferred —.* 197,400 Pullman Company.. .......* * 1,519,300 Pure Oil Sale 100 61,700 800,200 35,900 20,000 4,200 3,300 30,000 609* Sale 58 Sale 20 Sale 19 Sale 110 : 10.1 1109* Sale 100 Sale 9,230 8% cony pref...........100 15,100 6% preferred ...... 264,000 Purity Bakeries 26,700 Quaker State Oil Rfg Corp. 10 • 2.597 300 Radio Corp of Amer 1029* Sale 99 169* 169* 89* 17* Sale Sale 189* Preferred B 7r Sale 83.50 cony 1st pref.......* tRadio-Keith-Orph Corp...* Sale 699* "70"' 99* Sale Raybestos-Mauhattan Sale 30 a42?** 419* Second 38 40 64 Sale 112 y8 Sale Sale 27 30 Sale Sale 399* 959* 849* 101 117 6 - 119 101 105 409* Sale v. Sale 23 Sale 113 104 Sale Sale 23 239* Sale 519* 509* Sale 60 619* 619* 139* 119* 119* 23 269* 20 70 649* 669* 126 115 106 6 79* 69* 529* Sale 579* 39* 39* 39* Sale 79* 169* 149* Sale Sale 57 12 n* 76 stk..* 100 St Joseph Lead AO {St Louis-San Francisco.100 122 Sale Sale Sale .100 Sale Sale _..._-* 100 Preferred (6)...........100 Preferred (7) 100 Savage Arms Corp * Schenley Distillers Corp 5 59*% preferred 100 {Schulte Retail Stores 1 8% preferred .......—100 Scott Paper new...........* Sale 34 ... Safeway Stores 36 379* Sale Sale 105 109 Sale 179* Sale Sale Sale Sale Sale Sale Sale Sale ....... 103 9* Sale 63 K ... 7 Sale Sale 79* 17 34 349* Sale 1109* 1109* 111 219* 209* Sale ... 239* 73 120 21* 104 113 Sale Sale 385,300 {Seaboard Air Line........* Preferred ...........100 123,400 305,700 Seaboard Oil Co of Del.....* 38,500 Seagrave Corp (The).......* 570,200 Sears, Roebuck Ac Co.......* ..............I 208,500 Servel Inc • 118,700 Shattuck (G F) 175,000 Sharon Steel Corp........ * 85 conv preferred.........* 13,600 301,600 Sharp Ac Dohme * Conv pref series A.......* 12,301; 1,860 Sheaffer (W A) Pen Co......* * 302,400 Shell Union Oil.. Convertible preferred.. 100 49,000 419,800 Silver King Coalition.......5 247,050 Simmons Co 178,728 Rights 10 47,100 Slmms Petroleum 25 152,100 Skelly Oil Co Preferred ..........100 14,500 17,380 Sloss-Sheffield Steel Ac Ir.100 56 preferred 2,310 * 48,900 Smith (A O) Corp 10 17,800 Smith & Corona Typewr * 55,400 Snider Packing.... ....* 2,465,700 Socony Vacuum Oil Co Inc.15 619* Sale 26 102 Sale Preferred (5).. Sale Sale J 25 Sale Sale Sale 98 110 110J* Sale Sale 44 Sale 42 94 95 Sale 94 2 169* 399* Sale 14 Sale 33 9* 101 429* 959* II* Sale 19* 59* 469* 89* 869* 289* Sale Sale 19* 59* x419* 89* 869* 299* 139* 319* 1019* 119* 599* 389* ' A* Sale Sale Sale 102 119* Sale 609* Sale 40 399* 289* Sale 299* 101 1029* 1049* , 139* Sale Sale 46 Sale Sale 3 Sale 39* 47 97 Sale 100 859* Sale 599* Sale 97 989* 154 m Sale 11 499* 519* W* 33 289* Sale 17 Sale 39 Sale 22 9* 219* 199* Sale 159* M Sale Sale Sale A* Sale Sale 149* 155 30 Sale 95 12 Sale 40 Sale Sale Sale 109* 59 389* 279* 1029* 12 9* 40 May Sale Sale 34 329* 229* Sale 189* Sale 39* May 519* May 989* May 151 May 101 May 32 May 319* May 219* May 179* May For footnotes ...100 preferred.. South Amer Gold Ac Plat..100 So Porto Rico Sug 8% preferred California Sou ...... 100 Southern Pacific Co Southern Railway Preferred... Mobile * 100 Edison....25 ....100 .......100 Ac Ohio certifS-.lOO Spalding (A G) Ac Bros 1st preferred * ...100 Spang Chalfant Ac Co preflOO Sparks Withington... Spear A Co * 1 $5.50 pref................* see page 1129* 1109* 49* Sale oiy» 37 349* Sale 145 L55 Sale 259* 299* Sale 579* 449* Sale 389* 259* Sale 499* 509* Sale 50 53 9* 569* 89* 99* 10 659* 73 749* 100 102 9* 104 69* 794 Sale 20 199* 21*4 113 112 86 95 789* 115 Sale 39* Sale Sale 33 9* May 141 May 148 Sale Sale Sale Sale 60 9 m 146 Sale 8* Sale389* Sale 499* Sale 55 519* 8 63 A* Sale Sale 99 Sale Sale 6 Sale ... 30 33 Feb 20 119 Jan. 22 26 Jan, 22 13 3 15 Jan. 20 18 31 Feb. 14 31 86 Feb. 22 699* 24 89 22 74 40 \. 80 26 24 13 14 22 Apr. 22 Apr. 14 4 659* Jan. 4 4 3 6 28 1 13 4 28 7 13 1 -■ 11 Feb. 10 11 15 25 lis; 18 529 Jan. 4 Jan. 21 23 112 Feb. 8 21 20 25 14 128 Jan. 26 140 Jan. 11 162 Jan. Mar. 10 1139* Jan. May 14 729* Feb. May 13 249* Feb. 25 4 3 1129* Feb. 27 Feb. 15 Jan. 7 107 Apr. 28 239* Feb. 25 8 Apr. 189* Jan. 21 6 Jan. " 6 7 129* Mar. May 18 103 Jan. P 24 15 19 11 8 11 8 16 20 5 5 8 31 9 30 >7 2 Jan. 5 279* Jan. 4^ 4 18 Feb. 18 Mar. 11 23 109 Jan. 19 124 99 Jan. 2 1109* Mar. 10 19 499* Apr. 14 33M Jan. Jan. 98 21 Apr. Apr. 4 139 Apr. 8 959* Jan. 229* May 18 309* Jan. Jan. 1029* May 15 112 Jan. 22 May 18 1289* Jan. 91 Apr. 24 24 26 4 17 28 8 5 4 21 28 11 7 3 27 5 4 13 5 12 7 13 1 5 25 May 17 7 Apr. 119* May 28 8 23 May 60 Apr. 27 49 60 May 109 6 3 May 439* Jan. 29 Jan. 3 2 69* Jan. 4 11 Jan. 27 26 May 27 May 19 31 22 6 4 4 20 4 4 6 28 27 25 1 3 24 10 10 5 20 24 89* May 12 669* May 100 May 69* May 209* May 15 84 May 11 ft" Jan. 14 17 26 14 8 22 8 67 Jan. 26 14 Feb. 23 4 319* Feb. 869* Mar. 10 Mar. 19 14 140 99* Feb. 19 Mar. 11 49* Mar. 17 119* Feb. 25 5 209* Mar. 379* Mar. 11 65 46 Jan. 13 979* Jan. 1069* May Mar. 110 5 103 3 113 Mar. 18 113 Feb. 6 6 3 2 . Jan. 4 27 Mar. May May May May 18 51 Mar. 17 18 98 Mar. 15 Feb. 9 13 23 Feb. 10 Jan. 11 459* Jan. 14 Jan. 2 2 149* Jan. 409* 939* 19* 139* £38 13 19* May 14 49* May 18 369* May 13 8 79* Jan. 4 81 Jan. Apr. 28 26 129* Apr. 28 . 49* May 21 13 Mar. 219 Jan. Jan. 29 3 2] 8] 54] 11] Jan. Apr. 95» 34 May 13 65 379* Mar. 12 44 259* Apr. 28 349* 4 1059* 1029* May 129* Apr. 28 179* 40 May 13 58 'us May 10 5 49* 3 9* Jan. 42 Jan. 28 609* 989* Apr. 29 1029* . 859* Jan. May 32 May 309* Apr. 219* Apr. 169* Jan. 101 110 Mar. 39* Apr. 33 9* May Mar. 141 229* May 429* Jan. 24 Jan. Apr. Apr. 89* May 63 May 98 May 59* May 20 May 75 May 45 Mar. 5 1 10 Feb. 4 10 Mar. 10 May 13 120 99* Apr. 28 14 59 Mar. Feb. 5 95 54 89* May 63 May 98 May 59* May 20 May 75 May 1 30 5 Feb. 16 Jan. 12 Jan. Jan, 659* May 18 80 Apr. 79* Mar. 22 Jan. 29 May 18 Mar. 37 Apr. 29 Jan. 49 45 6 Apr. 38 Apr. 26 439* Jan. Jan. 89* May 18 Jan. 62 Apr. 28 83 Mar. 29* May 13 A* Mar. 22 May 13 30 17 May 20 229* Feb. 25 May 28 359* Mar. 21 Apr. 28 £299* Mar. May 19 949* Jan. >80 Feb. May 14 110 379* May 148 May 269* May 609* May 40 9* May 529* May 229* May 529* May 34 9* May 459* May 3 12 12 299 12 1 3 7 11 7 May 39* May Sale Jan. Feb. 21 19* Apr. 8 May 199* May 22 May 619* May 559* Jan. 1149* Mar. 379* May 1009* Mar. 115 May 1279* Apr. 1479* May 1139* May 26 113 9* May Jan. 16 167 Solvay Am Inv Corp— 3,100 621,200 164,000 1,130 156,900 925,500 978,300 252,900 2,700 46,000 3,840 2,270 337,200 22,200 130 4 28 Mar. 22 ft"May Apr. Ti May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May 8 8 Mar. 10 2 19* May 14 6 21 4 May May May May May May May May May May May May May May May 7 Mar. 14 122 Feb. 2 18 Jan. Mar. 43 89 Apr. 29 1379 7 479 319* Jan. 27 1 May May May May May May May May May May May May May May May May pMay May May May May May May May May May May May May May May May May May May May May : May May May 1128 May Sale" 101 '32"* 19* 49* 369* 79* 819* 279* 139* Sale 569* 999* 1009* 1039* ... May 20 May 10 May 1 May 18 May 15 22 May 18 49 May 17 60 May 18 119* May 28 23 May 8 63 May 18 1099* May 14 69* May 3 50 May 13 3 May 13 7 ♦. May 18 6 139* May 26 May 27 31 May 19 May 26 May 3 1109* May 4 £209* May 13 409* May 18 939* May 18 19* May 13 13 9* May 13 389* May 13 Sale — 39* Sale Sale 409* £40 Sale 75 ;■ 1279* 1349* 134 87 9* 909* 919* 229* 269* Sale 106 102 1029* 135 91 18 13 18 13 11 13 18 20 13 13 20 28 1 19 14 Sale Sale 76 84 136" 659* May 79* May 29 May 38 May 459* May 38 May 89* May 64 May 2 9* May 22 May 17 May 25 May 229* May 80 May 97 May 59* May 13 32,9* May 14 359* Sale 118 116 1139* May 19 1039* 101 97 May 27 Sale 339* May 14 Sale Sale Sale 132 ..* Mines.. .. 28 Sale Sale Ruberold Co (The) cap Rutland RR. pref . Sale 24 229* Sale 829* Sale 1009* Sale 11* 79 101 {St Louis Southwestern ..100 Preferred 100 360 103,400 3,890 1,420 8,930 82,000 262,296 15,900 167,000 34,400 14,200 399* 89* Sale 27 700 Rhine Westphalia El Ac Pr... Preferred «VA 389* 99* 689* 89* 199* 5 1,416 900 Reo Motor Car 3,820,70u Republic Steel Corp ....• Convertible preferred ..100 25,200 20,800 6% cony prior pref ser A 100 5 215,800 Revere Copper Ac Brass Class A.................10 20,200 Preferred .........100 4,110 1,780 5H% preferred .....100 72,500 Reynolds Metals Co.. * 2,300 59*% cony, pref . 100 46,600 Reynolds Spring Co New 1 277,200 Reynolds (RJ)Tob cl B.....10 910 Class A 10 Rltter Dental Mfg 46 27 ......... 600 Renss A Saratoga RR Co. 100 Roan Antelope Cop 46 AH 35,200 Rels (Robt) Ac Co__M 1st preferred ... 100 4,400 48,600 Reliable Stores Corp.......* 4,400 Reliance Mfg Co.. 10 570,900 Kem'ton-Kand i Pref with warrants 25 I 22,900 9,500 22,400 10,000 13,400 258,600 154,400 236,500 4,630 45 83 5 .........100 Preferred Sale Sale .......50 preferred.......50 preferred Real Silk Hosiery 370 Sale 31 Sale 469* 129* Reading Company.....—50 First Sale 17 22 20 2 27 Jan. 111 1129* May 559* 609* May 179* 209* May 4 111 May 12 108 99 102 May 6 179* May 5 159* 16 179* May 7 89* 99* May 7 1119* 1119* May Sale 559* May Sale 179* May 1099* May Sale 99 May 101 Sale £169* May 17 May 179* Sale 89* May Feb. Jan. Jan. Jan. " 56 28 189* 11 769* 12 175 23 190 1 May May 14 103 Sale" • 18* 9$% 20 167 269* Sale 16 189* 26 Sale 59* 6 19* 2 99* Sale 22 Sale 110 100 29* May 24 May 25 59* May 3 98 May 13 419* May 7 14 18 21 1 20 18 13 18 14 22 19 ~"iX~rVA 29* Sale $5 preferred .... ..... 6% preferred ........100 7% 100 preferred 109* Apr. May 165 Apr. 1749* Apr. 139* Jan. 249* Jan, 939* May 55 1 1 1 9 Jan. 50 7 3 3 May May May 149* May 18 169* May May 289* May 18 32 939* May 14 1049* May 1H May 259* May 17 May 22 229* May Sale 59* May 69* 19* May Sale 8 May 99* Sale 199* May 22 21 23 May 25 619* May 58 62 70 59 Sale 589* May Sale May 1169* 1149* 1159* 115 Sale c40 Sale 379* May 101 May 1049* LOO 9* 102 May 113 9* 1159* 115 118 1289* May 135 L239* 127 1489* 1479* May 1509* 138 ; 409* 103 .1 1259* 13 64 1 14 14 13 18 110 99 53 May 7 May 1 May 11 29* May May 49* May 98 May 359* May 3 29* 189* 20 493 Sale 98 105 35 39 Sale 389* Sale Plymouth Oil Sale • 10 Pitts Youngs & Ash 7% pf 100 Plttston Co (The)...... * 13,500 278,300 5,800 116,100 43,800 26,300 140,200 303,200 22,900 23,800 158,900 1,980 195,700 15,300 8,900 2,400 1,100 15" Sale 949* Sale 29* Hale 18 249* 5 Highest Sale Prices 53 11 30 Sale 1019* 1 10,000 Pitts Term Coal 1,030 1 6% preferred 100 423,000 Pittsburgh United........25 ( Pref cony 100 6,370 20,220 Plttsb 8c West Virginia.. 100 Lowest Sale Prices 175 1149* 159* Sale Sale 408,200 Pittsburgh Screw Bolt * 49,80u Pittsburgh Steel Co........* Preferred 100 14,820 Highest Sale Prices 55 64 160 63 55 160 100 Preferred Sale Sale 11 77 519* 119* Sale 53 519* 56 Sale Lowest Ask Ask Bid Bid Sale Prices May 28 May 1 1937 Bid Mar. 10 Feb. 1 Jan. 21 8 Feb. Feb. Feb. Mar. 19 2 11 Mar. 16 Apr. 28 Apr. 21 Apr. 22 Feb. 2 197 Mar. 7 120 Mar. 4 10 8 11 28 54 9* Jan. 28 409* Feb. 16 299* Feb. 15 209* Apr. 21 29 15 6 1139* Feb. 69* Feb. 26 429* Jan. 12 155 Jan. 2 329* 659* 439* 609* 659* 119* 779* 1049* Jan. 13 sr 94 Mar. 11 Mar. 17 Jan. 6 20 Mar. 16 Mar. Mar. 17 Jan. 7 Jan. Feb. 28 26 Feb. 2 Junh, 1937] AGGREGATE N. T. STOCK SALES In May Shares 1,000 32,600 3,500 30,100 1,570 3,500 100,300 2,520 4,200 50,000 27,300 1,300 6,300 ; 900 44,000 41,700 1,000 89,100 1,400 5,500 28,000 4,600 39,800 78,800 2,700 350 4,600 60,000 5,900 3,000 700 18,900 9,400, 141,200 4i,ooo 2,230 800 200 Bid 36 21 34 Spencer CelloU fc Bona—.* S perry Corp (The) * Convertible preferred A..* Co Inc new.......2 Conv $4.50 pref * Sale Sale Sale Square D Co class B— \ Preferred 1 Stand ....... 9334 1034 Cotn'l Tobacco......1 ....* 94 preferred —..—* Preferred (6%).... ..._*' Preferred (7%) Standard Investing Corp...* Stand Oil of Calif ♦ Standard Oil Co of Ind—25 Standard OH of Kansas 10 Standard Oil ef N J—.—25 Starrett Co (TheLS) * Sterling Products Inc.* ..10 Stewart Warner Corp......5 Stokely Bros & Co Inc ..* Studebaker Corp.. Sun Oil ........ 1 * Preferred.. ....100 '2934 Saie" 1334 Sale 7434 76 124 125 Superheater Co (The)......* 54 Sale Superior Oil ............—1 5 Sale Superior Steel 10fi ...10 (The)..50 39 Sale Sutherland Paper Co 3234 Sale Sweets Co of Amer 1134 13 2534 Sale 3134 32 Swift & Co 25 Swift Internat Ltd * Without warrants......... Talcott 19 Sale 1434 Sale (James) Inc..... 9 5)4% preferred..........50 22,800 Telautograph Corp 393,600 Tennessee Corp 1,533,200 Texas Corp (The) 600 33",700 626,000 185,000 586,800 466,300 28,600 32,600 2,000 16,400 1,680 353,000 29,800 19,000 58,000 484,000 45,700 435,700 3,800 282,900 99,700 595,000 258,000 88,200 311,600 4,000 115,200 11,500 21,300 55,500 23,400 5,300 1,300 600 900 60 17,400 3,600 800 8,700 14,900 1,100 45,600 3,500 20,500 15,700 69,700 17,800 1,100 21,300 400 4,600 300 10,600 6,800 12,200 5,200 34,800 27,500 9,400 3,300 .4,200 46,300 36,900 1,100 5,700 96,800 54,200 88,100 242,400 584,800 89,800 V 21,000 66,800 762,100 387,500 8,300 33,500 40 650 9,200 5,100 46,800 23,300 124,800 1,387,800 24,100 19,200 3,900 136,700 264,500 54,400 1,180 325,100 147,700 56,600 81,700 717,700 8,200 324,400 40 I! 23,100 79,200 4,000 4,300 8,470 75,400 39,100 1,710 111,500 8,800 273,900 182,900 254,200 13,400 134,500 368,800 105,800 785,200 16,900 9,000 1,800 177,400 159,200 8,900 400 300 1,200 6,300 6,800 310 3,000 200 9,900 11,400 15,700 400 12,900 406,900 8,600 800 150 9,500 18,600 100 1,000 200 100 30 17,400 15,000 580 23,300 55 Sale 1st paid receipts Texas Gulf Producing Co Texas Gulf Sulphur Texas Pacific Coal Jt OH Tex Pac Ld Trust ctfs * 3834 Sale 10 1 Texas 8c Pacific Thatcher Mfg... 834 Sale * 100 14 Sale 1234 Sale 47 Sale .........* 7% TtaermoJd Co Third Avenue 1 .........100 3234 Sale 42 Sale 6434 1834 1534 2334 1534 10 Sale Tlmken Roller Bear........* Transaoserlca Corp........ * Sale Sale Transc & West Air Inc Sale ..5 Steel Forg* Tri-Continental Corp..... 2034 Sale Preferred................* Traax Traer Coal * 10934 Sale 10 23 Sale Sale Sale 86 Sale Ulen Ac Co • 98 Underwood Elliott Fisher Sale Union Bag At Paper........* Sale Union Carbide Ac Car Sale Union Oil, California *..25 Sale Union Pacific 100 Sale Preferred 100 27 Union Tank Car • Sale United Aircraft Corp 5 Sale United Air Lines Trans Cor pi United American Bosch Corp* 2834 31 United Biscuit of Am......* Preferred 100 Sale 85 United Carbon ... * United-Carr Fastener Corp.* 3134 Sale United Corp.... * Preferred • 4434 Sale United Drug Inc 5 Sale United Dyewood— 10 102 Preferred. 100 Sale United Electric Coal Cos 5 Rights United Eng Ac Foundry.....5 4734 Sale United Fruit......—......* 8234 Sale 15 Sale United Gas At Impt Co——* Preferred ..... 11034 11134 7 Sale United Paperboard Co new 10 U S Ac Foreign Secur Corp Preferred............... U S Dlstrlb Corp * Preferred............—100 U S Freight.... • 3134 U S Gypsum Co 20 12234 7% preferred..........100 166 U S Hoffmen Mach........ 5 1734 5)4% conv pref 50 38 U S Indus Alchol US Leatherv t c ♦ 634 Class A v t c * 1334 89 Prior preferred vto 100 U 8 Pipe Ac Foundry... 20 6234 U S Realty At Impt 1734 46 U S Rubber » 96 8% 1st preferred.......100 84 U S Smelt Ref Ac Mg 50 75 Preferred 50 United States Steel.. .....100 7734 7% preferred 100 141 U S Tobacco..... * 120 Preferred —100 166 United Stockyards Corp 1 530 100 175,900 Vadsco Sales Corp • 2,350 Preferred. 100 497,900 Vanadium Corp of America.* pa 11* ... Preferred 19 Sale Sale 34 3234 m 30 3534 1734 x2434 Sale 3134 Sale Sale Sale 1234 5234 7 634 1234 Sale 5934 Sale Sale Sale Sale 734 z3634 Saie 1434 Sale * Sale liH Sale 1134 Sale Sale 47 3834 15 U* Sale m 934 Sale 4 Sale *10>X 934 10 44 3534 10 8734 834 4 934 26 Sale 23 Sale Sale 9634 2234 6234 1434 1534 1934 8?4 10434 1034 1734 97 534 2234 1634 9134 2134 6034 1334 1334 38 Sale Sale 98 334 Sale Sale Sale 20 15 17 Sale 4634 4734 1134 Sale 75 7134 1934 Sale Saie Sale Sale Sale 1934 Sale 18 Sale 102 Sale 93 Sale 24 102 Sale 100 Sale 103 634 Sale Sale 51 4934 8234 Sale 1334 Sale 110 13 1834 95 134 13 2134 112 Sale 1934 9634 ,234 1434 Sale 1934 Sale 67 6234 3634 Sale 934 17 10834 5634 1234 6034 9234 8834 68 \W* 4834 8134 1234 10734 16)4 86 2 17 1734 110 157 1934 "5834 3334 Sale 934 1634 108 Sale 53 Sale 1134 Sale 58 Sale Sale 69 91 87 Sale 6934 10034 136 120 169 147 150 15034 734 Sale 5 75 Sale 78 68 "75" 14534 150 80 234 84 Sale 134 Sale 4834 52 2934 Sale Sale Sale Sale 1234 Sale Sale 111 Sale 7 434 70 2034 69 144 60 2H Sale 95 13 13 14 1 May May 27 May May 28 May " 3434 6334 1734 1434 18 13 62 4 10 18 20 18 4 May May May May May May May May JY* 13 2634 634 17 27 18 1834 9734 2334 6334 1534 1534 20 18 14 27 13 20 9 7 105 13 1034 13 1834 13 39 18 48 18 19 H* 18 2034 234 May 15 7634 May 13 x76 1034 8934 1034 434 May 13 3 13 90 8534 9534 May 13 102 2334 May 13 2534 139 W* May 26 145 May :7 9334 21 1 18 14 6 29 2734 1834 21 20 2634 20 11534 1 8434 1 19 20 18 May 13 3234 534 4134 13 24 10134 May 27 102 May 13 7H fi May May May 1234 May 10734 May 1234 May 12 47 18 77 17 28 May 1334 28 111 18 1434 1534 May 18 96 5234 8234 6 134 May 10 1134 May 17 Sale 1734 May 18 Sale 107 May 14 156 160 May 10 Sale 1834 May 14 62 3 6234 May Sale 3234 May 13 Sale 834 May 13 Sale 1534 May 15 108 115 May 13 52 5334 May 17 Sale 10 May 13 Sale 5234 May 13 Sale 84 May 17 Sale 79 May 18 Sale 6734 May 20 Sale May 18 Sale May 13 May 15 12834 120 156 150 4 May 7 May 13 734 Sale May 17 »V*- May 28 Sale 70 Sale 1934 May 24 68 Sale May 13 Sale 14234 May 17 80 70 May 26 Sale 234 May 14 i!iH 134 May 13 5034 May 3 2634 May 14 1834 9634 234 1834 22 116 158 2034 6234 37 1034 18 34 111 5634 1234 6134 9534 8934 6934 10534 13734 128 152 734 70 21 69 14534 73 234 8 2334 May 15 1534 May 1134 May 1134 May 50 Apr, 634 1034 5034 43 34 634 3534 1134 1034 4234 3534 3 6 26 27 4 4 52 4 4 27 131 3 120 17 147 634 28 17 28 70 1934 68 14234 10 6 70 234 i 22 28 6 Feb. 19 Mar. 13 1 Jan. Mar. 4 3 13 Mar. 6 15 Jan. Feb. Jan. 11 25 Feb. Jan. Feb. 25 4 May 4 Jan. Feb. 11 Feb. 4 3 1734 Feb. 2234 Jan. 11 2734 Jan. 22 Mar. 8 79 ip Jan. Mar. 21 3 2634 Mar. 8 4034 Mar. 13 50 Mar. 13 1734 Jan. 22 94 25 100)1 Jan. 20 Mar. 29 Jan. 25 Jan. 8 Mar. 27 Feb. 20 i38 9934 3134 3534 2434 3134 3034 ll\H 35 » 4 Feb. Mar. 16 13 4 Jan. Feb. 5 12 10 Jan. 11 Feb. 6 Feb. 3 Mar. 17 Jan. 14 Jan. 14 Mar. 8 Mar. Jan. Feb. 2654 Apr. 19 10634 Feb. 26 9% Mar. 3 Apr. 13 Mar. 11 86* Mar. 19 Jan. 14 Jan. 14 Feb. 8 63*8 Toll 2454 10034 334 2034 3434 Mar. 137 May Apr. Apr. May May Apr. May 172 70* nn Feb. Jan. 9 3 28 Jan. 19 Jan. 13 Feb. 3 Feb. 4 Mar. 22 Mar. 22 Feb. 9 Mar. 13 2234 Mar. 17 112 Mar. 30 7234 Mar. 9 1934 Jan. 12 7234 Mar. 31 May 118 Feb. 18 Mar. 11 7534 Jan. 18 12634 Mar. 11 105 Jan. 1 7 Mar. 30 1034 4034 2134 9734 28 J4 67* May 7 7 12 Mar. 15 28 10 May 4434 Jan. 84 May 79 May 4 6 Jan. 20 Jan. 21 Jan. 8 Feb. 2 13 8 Jan. 5334 Jan. 3234 May 634 Jan. 13 34 Jan. 89 Jan. 24 134 May 4 May 11 2334 1734 1534 5734 1354 17 54 Jan. Mar. Mar. 64 Apr. 23 34 May 12634 Jan. 9034 May 2634 Apr. 2334 May 1534 May 1934 May 2334 May 11334 Mar. 6934 Apr. 29 Apr. 434 May 3734 May 1234 Apr. 1834 Jan. 9634 Jan. 534 May 34 Apr. 4634 Jan. 77 May 1234 May 10734 May 634 Jan. 21 21 Mar. Jan. 3 2 11 25 20 8 31 4734 3934 2034 2834 3334 Feb. 156 4 Jan. 93 May May 1534 9534 134 1154 1734 10534 11 7734 Jan. 6134 Feb. 734 Mar. 95 5 8 20 48* Mar. 63 1731 33% 1634 Jan. 1534 Jan. 534 Apr. 22 Apr. 1634 May 9134 May 2134 Apr. 6034 Apr. 1334 May 1334 May 18 Apr. 8 May 10434 Apr. 834 Jan. 16 May 3334 Feb. 4234 Jan. 934 Apr. 66 Apr. 18 f Apr. \2% 11 Jan. 20 Jan. 9 Feb. 17 29 Feb. IS* 44* 934 Apr. Apr. 9 Apr. 4 May 934 May 24 Jan. 21 Jan. Feb. 23 6 Mar. 75 1534 Mar. 3 Apr. 22 Apr. 20 85 20 4 May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May 14 14 18 26 Apr. Apr. Jan. Apr. May Apr. May May Apr. May 62 1 27 28 1 24 4 13 3 4 8 1 11 25 4 24 25 5 28 4 7 24 10 3 3 7 5 12 28 7 4 7 3 24 7 3034 May Jan. 2:3034 May 13 May May May May May May May May May May May May May May May May May May May May May May May May May May May Jan. Feb. 11 Apr. 23 Mar. 8 Jan. 20 10 125 4034 Apr. 28 434 May 14 30 May 13 3334 Jan. 2 2434 May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May May - Feb. 119 May 834 3834 1534 1234 11 50 2834 9534 4834 1634 48 Jan. May Jan. May 18 19 May 18 1334 Jan. 4 65 May 27 May May 125 May 4634 May 6 May 3634 May 3734 May 18 234 Sale Sale 1934 1734 2434 1634 6834 51 39 Sale 134 Sale 54 2834 67 . 19 May 14 May 13 3SH Sale Sale Sale May May May May May May May May May May May May May May May May May May May May May May 2834 27 2734 Sale 2534 Saie 2334 May Sale 1534 May 1634 Sale 2! 34 2034 1934 May 1934 Sale 24 2434 2334 May 11734 11334 11534 11534 May Sale 8434 Saie 7334 May Sale 33 2934 May Sale Sale 434 May Sale 3734 May 3834 Sale Sale 1234 May 1234 Sale 128 4 138 Sale 137 Sale Saie 2434 Sale 136 Sale 124 100 334 "§8* 77 Sale 7934 "83 ~" 16034 16434 16 m 132 734 Sale" 8734 9 68 Sale 161 Sale Sale 18 3534 4434 9 34 6834 934 334 8134 Sale Sale 158 93 34 Sale 3734 Sale 46 4734 Sale 167 Sale Sale 1934 10 114 Sale Saie Sale Sale 110 Sale 18 8 834 Sale 10634 105 10534 105 Sale 5534 3834 1334 1334 1934 834 934 May 2234 May May 5234 May 3 May 45 May 46 May 3334 May 27 6834 May 44 45 1234 May 14 36 Jan. 2 2334 Jan. 12 3434 Apr. 6 120% Apr. 30 12834 Feb. 8 734 May 15 1234 Jan. 22 534 May 18 1434 Mar. 8 15 May 18 3234 Mar. 8 3734 May 18 65 Jan. 12 43 34 May 18 7234 Jan. 7 4 Jan. 11 234 Feb. 26 40 34 "May 18 50 Feb. 19 42 May 18 50 Feb. 9 3034 May 14 3334 May 27 54 Apr. 28 76 Mar. 9 734 May 1 1334 May 12 6234 May 5 rt534 Sale g 934 May May 24 May 20 May 4 May 12 Saie Sale 13 34 May 121%} May 1934 1434 1234 5234 Sale Sale _ 1534 May 14 1134 May 14 1134 May 18 5 May 19 Sale 26 2334 1734 Sale 9534 Saie 2334 Sale 6134 Sale 43 May 31 Apr, 28 May 17 May 14 May 21 2834 Jan. May x4534 Apr, May 1934 May 13 May 85 May 25 May 25 3734 Apr. 26 May 62 1034 8934 Sale 3234 19 J4 3134 4934 2334 9434 32 634 3534 1134 1034 4934 3734 36 62 May 3434 May 17 May 2334 May z3034 May 18 14 14 27 13 25 13 14 1 15 18 18 18 18 7 18 18 14 18 13 5 13 18 18 18 27 14 24 14 13 14 14 15 13 634 May 1 1134 May 3 5634 May 17 19 1434 1134 50 May 1434 May 65 May 12234 May 4134 May 434 May 122 37 .... 2,120 Universal Pict 1st pref.... 100 298,700 {Utilities P Ac L "A** 1 1834 Sale 1734 Sale 2034 Sale 1434 Sale 67 6534 5 Sale Sale 1 234 5434 ..... . 43 Sale 42 Sale 8 40 Sale 118 " Sale i 34 6734 4134 6634 18 * Truscon Steel Co Saie Sale Sale 634 12 6134 4034 Sale A* 4334 Sale 4334 Sale 2434 634 Tidewater As«oc Oil.......10 Tran Ac Williams 1534 12434 Sale 4334 Sale 534 Sale 35 3434 37 3534 1734 Sale 2434 Sale 3134 Sale 1734 1334 1134 5034 4334 24 Preferred................* $4.50 conv pref Tlmken-Detroit Axle Co 6534 Sale 70 68 Sale 4534 Sale 6734 it* Thompson (J R)..........25 Thompson Products........* Thompson-Starrett........ 1234 534 May 15 May 3734 May 4334 May 3 May 4034 May 42 May 3034 May 6334 May 40 May 6334 May 1734 May 1434 May ik 40 934 1034 8734 8934 934 Sale preferred..........100 38 7 34 May A* 62 Convertible preferred....* The Fair Co 3,479,100 64,900 5,800 420 105,400 212,700 United Stores A ...» 3,110 Preferred * 1,000 Universal-Cyclops Steel 1 4,800 Universal Leaf Tobacco * yrrfootn (iiuee Sale 1234 Sale 297,600 110 8,200 8 ...5 ....25 20th Cent Fox Film Corp...* Preferred ...» 33,900 * 67,430 Twin City Rapid Transit Preferred .........100 3,070 1 43,100 Twin Coach Co... 29,500 2,500 3,300 57,400 76,100 4,400 10,400 66,200 2,000 14,400 5 ..... Sale 85 Sale Sale ' 1,500 33,300 138,100 4634 1934 8334 4234 ""834" Sale Saie 67 334 Sale 1 Stone 8c Webster 17 121 47 Sale 3234 Sale Sale Sale Sale 4734 Sale 8234 Sale 58 6534 334 4334 4834 2934 6934 3434 7134 1734 2834 May May May May May May May May May Saie 2634 Sale 56 Highest Sale Prices 31 Sale 1134 Sale 9 Standard Gas Ac Elec Sale Lowest Sale Prices Sale ivi tilt ik Sale Highest Sale Prices 32 34 Sale Sale 4134 Sale 15 54 Sale 12434 12734 Lowest Sale Prices Ask Sale Spiegel Standard Brands May 28 Ask Bid 33 32 Ask Sale Sale 2934 Sale 51 5134 1 ▼ t c Splcer Mfg Co Symington-Gould Corp with stock purchase warrants. 1 284,600 24,900 23,800 May 1 1937 Par 12,300 434,300 37,700 4,750 451,400 3,760 41,600 685,800 4,990 71,900 593,900 377,500 26,700 97,200 17,900 550,20o 297,133 4,100 1,042,200 16,700 46,000 236,600 49,700 147,300 1,265,200 19,300 2,590 83,200 1,230,000 153,600 45,700 16,500 196,500 59,100 220 RANGE SINCE JAN. 1 Price Jan. 2 Jan. 1 Shares 39 PRICES IN MAY STOCKS N. Y. STOCK EXCHANGE Since EXCHANGE—STOCKS Jan. 22 136 Mar. 169 Jan. 9 5 9 5 11 150 May May Apr. Apr. May May May May May May Apr. §g It* 86 Feb. Feb. Jan. May 17 Jan. 21 164 134 May 13 Jan. 26 Apr. 29 4 Jan. 18 434 Jan. 48 Jan. 108 13 19 234 Jan. 5834 Jan. 20 20 3934 Mar. 11 EXCHANGE-STOCKS N. Y. STOCK 40 SALES AQOREGATE Price Jan. 2 EXCHANGE 1937 Jan. 1 Par '■ Shares .. Van Raalte 45,500 5% non-cum 116 Vulcan 3,850 7% 220 7% Sale Sale Sale 13 ion 3634 1134 37% 130 29 70% 76 22% 135 Detlnning—..—100 3% 9% ....—...10C A.-100 ......-100 Sale Sale Preferred B Waldorf System..... - Walgreen Co H *34% 16% ... 14% 118 11% Sale preferred.......100 • Walworth Co Walker(H) Gooder & W 47 % 48 18% 19% 41 44% 7% Sale 94 100% 17% Sale Ltd.* * Ward Baking class A.......* Class B * 7% preferred .....100 Warner Bros Pictures S 93.85 con? preferred-..—* Preferred 17^ Sale 38 ........ —..... 66 tWarner-Qulnlan...-.—.. ~ J Warren Bros —... 68% 1% Sale 10% 10% Convertible preferred.... * Warren Fdry 0k Pipe... 33 36 42,400 Waukesha Motor 60,600 Webster 295,300 AA 51 ... 81 $4 con? preferred........ West Penn El Co ... Union Teleg 2% Sale 7% Sale 1 100 * 277,400 Westlnghouse Air Brake 220,700 Westinghouse El 0c Mfg—50 7% 1st preferred.... ..50 2,430 88,000 1,400 36,100 16,800 Weston El Instr....... Sale 96 Sale 1354 116 8% Sale 16 1754 1 Western Maryland.. —1 Second preferred......! Western Pacific —1 Preferred ... 79% 50 % 146% 14834 2634 * 34 30 5% preferred. Ry ColOO 534% conv pref ... 100 700 * 226,100 Wheeling Steel Corp.... 90 760 Wheel'g & Lake Erie 100 9,000 White Dental Mfg Co (S S)_20 -% 800 —50 611,700 White Motor 41,700 White Rock Min Spga ctfs..» Preferred 82,700 25,300 189,700 White Sewing Convertible 39 120 Sale 105 Sale 110 ~24% Mach preferred....* Wilcox Oil Oc Gas.. Sale Sale Sale 153 Sale 37 Sale Class A Weetvaco Chlorine Prod VA 21 % pref 7%..l 6% preferred Western a Sale 82% 98% 98 05 95 "A"- 7% preferred......—..1 Preferred (6)— —1 West Penn Pow 5 • Sale 15% 15% 5% Sale 40% Sale 4% 4% 8% Sale 77% 80 870,400 Wilson Oc Co $6 cum preferred.....*.100 17,000 63 Sale ,.10 401,000 Woolworth (F W) 35 Sale 108,300 Worthlngton P 0k M—....100 82 Sale 7% preferred "A"*. 100 33,390 76 79 4% preferred B_. 100 27,800 3,740 Wright Aeronautical Corp. . * 117% 120 72% 75 • 17,200 Wrlgley (Win) Jr 4934 Sale 25 20,200 Yale 0k Towns Mfg Co 21% Sale 1 2,204,600 Yel Trk 0k C'ch class B Sale 7% preferred ... 100 129 5,730 43% Sale 33,100 Young Spring 0k Wire ......* 77% Sale 476,700 Youngst'n Sh 0k Tube— 534% preferred .....100 10654 11034 7,800 £354 Sale • 140,700 Zenith Radio Corp 734 Sale 11 > 185,000 /onite Products Corn * No par value, a d Change of name r Sale Sale Cash aalea. 5834 Sale 11034 Sale 734 Sale 1354 Sale 834 1234 1354 Sale 29 May 17 44% Jan. 20 Mar. 5 11134 Mar. 27 115 May 12 4154 Apr. 30 47 80 Mar. 27 80 Mar. 27 x36 x 9J4 May Sale Sale Sale '1534 4354 r45 1934 1934 31 Sale 3034 634 654 Sale 70 60 78 1354 1354 Sale 58 6034 54 54 54 Sale 9 8% 934 1434 4334 1954 , 29 Sale Sale Sale 1954 Sale Sale 80 Sale Sale 3034 35) 38 3134 Sale 5% 534 Sale 134 4754 Sale 9534 LOO 54 9234 L1954 L1234 954 1634 334 834 8234 aVA Sale 82 81 134 4334 8054 9054 92 87 May 14 554 May May 15 May May May May May May May May May May May May May 14 May 10 May 27 Sale 44 Sale 155 Sale 58 4454 Sale 14034 Sale 146 149 Sale 24 2434 24 38 39 3754 39 2234 213? Sale 5434 May 13 4234 May 13 131 143 21 39 1934 2934 30 3134 28 105 120 10834 114 123 11954 Sale 49 Sale '4634 4654 43 99 104 L03 Sale 100 2154 2234 2134 Sale 2134 "2534 Sale" 24 1554 15 1534 Sale 454 5 Sale 434 2834 32 3434 2854 Sale 30 L10 120 'IP. 454 9% Sale 83 8134 4954 Sale 554 Sale 934 Sale 78 7934 4634 Sale 3534 Sale 36 Sale 103 Sale a88 Sale 106 88 10234 6834 Sale 50 25 12334 3934 8754 9954 3454 634 82 98 it* L4054 Sale 2134 2854 May 17 91 98 May 22 101 9534 99 Sale May 27 9354 86 90 Sale Sale 11954 May 3 12034 12034 120 May 28 11434 112 Sale 112 114 954 May 17 854 Sale Sale 1634 May 24 1634 1634 1834 354 234 May 18 334 354 Sale 9 May 18 834 854 Sale 6254 L50 May 13 Jan. 16 Jan. 7 Jan. 6 Mar. 4 Mar. 12, Mar. 17 Feb. Feb. 118 Jan. nH Jan. 5 Jan. Apr. 23 17 25 16 e!% Feb. 46 Mar. 10 12% Jan. 3534 Jan. Feb. 4 ® May 11 11 8 28 1854 Mar. 11 4934 Mar. 16 8 1934 Jan. 1 5054 Feb. 1054 Feb. 26 Mar. 2 \VA 3354 Apr. 2834 Apr. 7 15 49 54 May 654 Feb. 24 6 6 Feb. 1034 Mar. 16 1854 Mar. 16 13 34 May I 10 May 4 2634 May 12 41 May 5 3134 May 5 Apr, Apr. 3834 Feb. 19 14 954 Feb. 1 4 234 Jan. 9 80 154 80 9 ■ Feb. 26 2 12234 Jan. 334 Jan. 59 54 May 18 834 May 17 2634 May 12 4 98 754 Jan. Apr. 2634 May zll234Mar. 1154 Jan. 4234 Apr. 19 May 2954 May 534 Apr. 75 May 1334 May 28 1134 May 2954 May 534 May 75 May 1134 May 37 17 11754 Feb. 734 May 15 May 61 25 Feb. 70 1434 May 2934 May 11334 May 1634 May 4654 May 1954 May 3254 May 754 May 80 May 11 May May May May May May Sale 108 8534 May* 25 121 May 11 634 May 14 1154 May 28 88 Mar. 18 754 Jan. ' 4 1254 5134 May 18 74% Mar. 18 115 634 Apr. 28 1254 2134 May 26 37 124 Apr. 26 135 8 6034 May 28 11234 May 10 754 May 22 26 May 8 127 May 6 110 634 Sale 1154 Sale 1234 854 1354 1334 2634 Sale L13 34 Ex-dividend. from Internationa,! Printing Ink Corp. Deferred delivery 5 May 12 47 95 80 81 1 Wells Fargo 6,800 2,370 5,010 4,620 2,750 2,140 165,600 31,000 59,900 187,600 40% May May 17 41% May 28 834 May 5134 May May 634 May 7 134 7% Sale 25 V 2134 2334 2134 May 27% 125 May L25 Sale 120 128 75 May 8534 89 7534 95 121 May L19 125 11754 123 5634 L12 36 8% Sale Elsenlohr 0c Co 123,100 Wesson Oil 0k Snowdrift "5,086 115 41% Sale .«... "9% Sale" "934 Sale 3634 36% Sale Co—..—5 Preferred >• 55 preferred......—..100 Preferred Highest Sale Prices 85 pref——100 JW abash 130,400 183,800 7,120 78,300 71,500 3,350 987,500 72,400 11,600 23,100 322,200 4,800 1,249,800 4,300 110,400 404,600 21,000 81,700 Lowest Sale Prices * preferred...........100 100 4,800 Virginia Ry Co pref ; Highest Sale Prices 3754 x36 3654 39 111%. 115% 42% Sale 84 5% 4,160 42% < ' 652,600 Va-Caro Chem 4% preferred 10C 213,90U 2,370 Virginia Rlec Ok Power 4% pf* 7,160 Virginia Iron. Coal & CokelOO , 38 Sale 5 Co 7% lit preferred—-MO 24,400 Vick Chemical Co..—....—5 140 Vlcks Shr & Pac Ry Co—100 Lowest Ask Ask Bid Bid Sale Prices May 28 May 1 Ask 590 200 RANGE SINCE JAN. 1 PRICES IN MAY STOCKS N. Y. STOCK Since Sale 128 98 84 91 98 90 6954 52 Sale 6854 4954 2034 Sale Sale 101 3554 Sale y 2554 Sale 126 39 Sale Sale SP 97 Sale 33 Sale 554 Ex-rights, 9954 Sale 14 150 17 6 13 27 124 3734 7934 9954 3234 534 2434 39 2134 3134 19 110 21 12334 13 5034 20 103 19 13 14 18 28 May 18 44% May 19 3234 May 13 Sale 6934 Sale 78 6354 May 47 13 141 6 434 May i854 May 13 Sale J May May May May May May May May May May May May May May May 2334 2554 1534 534 3234 May May May May May May May May May May May May May May May May Jan. 22 6 27 12 4 6 5 1 15 5 19 1 3 8434 Feb. 4 Jan. Feb. 9 11 May May May Apr. Apr. Apr. Apr. 10 4 12 7 15 26 7 7 7 5 5 56 Mar. 13 Jan. 27 22 27 10 9 28 29 102 109 *10034 Jan. 19 123 34 Mar. 9 11534 Jan. 8 1154 Mar. 5 2 May 18 90 Jan; 114 Jan. 38 99 Jan. 4 6 2 854 Jan. 78 May 18 44% May 19 3234 May 13 It* t Companies reported In Mar. 17 65 May 20 11034 2134 May 19 2334 2134 May 13 133 54 1834 1454 May 15 654 434 May 18 2734 Apr. 28 463? 5034 May 3834 May May May 13 109 May May 18 91 May 18 10234 May 3 May 18 May May 5 May 11 May 13 2654 May 24 May May 13 129 May 18 4034 May May 18 9034 May May 27 10034 May May 18 3634 May 654 May 12 May 14 Mar. 45* 11. Mar. 17 Jan. 22 Mar. 6 Jan. 22 Jan. 22 Jan. 22 May 6 Feb. 23 Jan. 7 18 115 Apr. 13 18 12334 May 6 434 Apr. 28 May May 6 23 i 5434 May 13 8334 41% Apr. 28 5754 13034 Apr. 12 16754 143 May 14 170 21 May 17 3054 7 39 3634 Jan. 1934 May 13 2734 2934 May 27 34% 634 May 22 sW Mar. 17 May 14 81 Jan. 7754 Jan. 4 Jan. Jan. Feb. Mar. Jan. 4 25 27 22 20 47 Jan. 22 11234 Mar. 25 Mar. 10 4 100 90 May 18 6834 Mar. 6 4834 Apr. 28 4 2034 Jan. 123 Apr. 28 18 3734 May 5 7534 Jan. 9 9934 Apr. 8 *31 Apr. 534 May 14 receivership 634 1234 9154 6554 Mar. 11 Mar. 17 May 15 Feb. 16 Jan. 25 Mar. 22 128 Mar. Jan. 6234 Jan. 3754 Jan. 76 6 7 27 16 Jan. 23 46% Feb. 15 142 101 % Mar 115 Jan. 6c 27 4034 Feb. 17 9 34 Jan. 16 If Called for redemption. ■i -i1 • , '■ .''f,'/"'''';:,.Vs.;"'-i,''-ii "K-■,ji ■ >: t "Xj* RANGE OF PRICES ON NEW YORK CURB EXCHANGE Stock Sales Shares. May 4,703,382 69,603,559 8,067,166 Jan. 1 to May 30 Bond Sales 1936 1937 May 61,683,952 Jan 1 to AGGREGATE SALES Since May Shares 275 ' 1 Par 18,675 Acme Wire Co ▼ t 2,700 Aero Supply Mfg class A * 70,800 Class B 9.900 Agfa Ansco Corp com ....1 24,300 Alnsworth Mfg Corp com...5 18.700 Air Devices Corp common.. 1 29,300 Air Investors Inc common..* 8,200 Convertible preferred....* 38,200 Warrants 4,000 Ala Gt Sou RR ordinary 50 3,050 Ala Power Co $7 pre* * ~2,600 1,200 1,800 18,700 2,400 400 1.800 900 320 Jan. 2 I May 1 1937 STOCKS Ask Bid 2,600 S6 preferred. ....... Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices May 28 Ask Bid Bid Ask 42 21 22% 534 Sale 1234 1534 19 1954 .... 150 RANGE SINCE JAN. 1 Pries Jan. 1 Shares the only transactions of the month, and when selling of such sales In computing the range for the year. PRICES IN MAY NEW YORK CURB EXCHANGE In "21 26 434 y 1654 3 54 Sale 3 34 4 28 34 2834 % 1 2534 1454 254 334 27 % 27 434 31 15 Sale 4 2834 Sale 78 ;■ Sale 6854 Sale" < 4 Sale 34 16 76 73 2334 4 May 14 4434 May 14 354 2834 1434 254 354 27 % 77 May May May May May May May May May May 434 May 1 38 May 3 16 May 4 4 1 May 1 454 May 10 29 May 7 1 May 8 79 May 10 74 May 7 6854 May 4 68 60 ....* 17.900 Allen Industries Inc 200 400 1 6,300 8,200 1,500 Alliance Investment com 1 * $3 conv 18*400 300 12,750 6% preferred 100 7 300 Aluminum Goods Mfg......* 6,300 800 5,600 800 520 American Book Co 60 10,400 99,000 2,500 13,400 2,000 "*"866 200 100 Amer Box Board Co com 17% Sale" 107 Sale 123 31 Sale Sale 254 334 63 66 1 Amer Capital Corp cl A..10c Common class B 10c 13 preferred $5.50 prior preferred......* 450 13",800 2234 2254 153 Sale Aluminum Industries com..* 54,050 Aluminium Ltd ♦ 9,100 6% preferred...........100 55,800 American Airlines Inc..—10 17,900 Amer Beverage Corp 1 . Sale 534 Sale 334 454 3 334 < 434 534 231 331 334 3 4 ■4v v May 12 May 27 154 May 15 3 May 12 434 May 20 154 May 15 ■ preferred.........* 3,800 Allied Products class A....25 91,684 Aluminum Co common.....* 14,134 2,350 1,300 23 Allied Internat Investing...* 700 ""loo com Alles & Fisher Inc common.* 13,800 American Centrifugal Corp.l "734 *4 8" 3634 8554 134 39 9834 40 41 % 22 2134 23 129 14834 Sale 11754 Sale 11434 Sale 17 : 17 1734 1734 May May May 11434 17 May 8 May 114 Sale 110 115 100 May 12854 13034 12134 12434 12134 May 22 Sale 24 Sale 2034 May May 234 ,234 jm 234 65 69 6534 68 May 22 Sale 1934 May 23 2134 Sale 134 et* mm 36 40 86 33 3534 35 37 35 90 24 22 May 24 5 14834 May 28 1 May 25 6 May 5 25 May 10 11 115 May 22 26 131 May 18 24 May 13 May 19 May 27 2234 May U17% 65^ 34 May 4 May 13 34 May 35 4 May 13 8634 Sale 42 May 14 56)4 Jan. 21 13 26 12 13 13 25 20 12 27 18 10 Allegheny Steel 7% pref__100 400 $50,684,000 421,567,000 $31,329,000 227,643,000 May 30 NOTICE.—Deferreddaltvery, under the rule and oaeh sales, are disregarded la the month's range, unless they are outside of the regular monthly range are shown In a footnote In the month In which they occur. No account is taken 1936 1937 • . Jan. 24 May Feb. May May Jan. 27 May % Jan. 7234 Jan. 68 May 60 May 125 Apr. 22 Apr. 354 1454 1434 254 3 34 3 _ 22 Jan. 120 111 Apr. Apr. 17 Feb. 8 May 9854 Jan. 121 17 "434 May~20 Jan. 62 Jan. 4 1754 Feb. 3 8 Jan, 8 % Jan. 7 35 May 13 Mar. 5 4 May Feb. 3 1 1 May 14 13 12 Mar. 5 Jan. Jan. Jan. Jan. 22 Jan. 22 Apr. 22 Feb. 8 Jan. 2 Mar. 9 Jan. 15 Jan. 354 May 17 6 Feb. 19 Mar. 18 Mar. 4 Jan. 2 Jan. 28 Mar. May 3254 Jan. 354 Jan. 75 Mar. 2454 Apr. 11 Mar. 154 Feb. 42 19 Mar. 31 Mar. 8 131 2034 May 18 234 May 13 86 3 54 May Mar. 354 Jan. 154 May 2154 Jan. .9 654 13 38 5 22 22 4 13 554 4 3454 25 1% 4 7 79 27 87 77 18 22 125 2734 7 534 15 554 7 234 15 6 24 6 2634 26 _7734 28 11954 20 1754 1434 95 18 140 20 7 12 29 9 13 10 10 Feb. 20 8934 Mar. 15 454 May 20 Amer Cities Power Ac Lt Corp 1,850 1,900 8,550 J Conv class A............25 Class A with warrants...25 10,700 82,000 11,800 Class B_. 1 225 Amer Cyanamld com cl A.. 10 306,100 Common class B 10 400 Amer Dist Tel N J common..* 49,700 125 500 7% conv preferred 100 5,900 American Equities Co ......* 159,000 Amer Ac Foreign Power warr.. 8,100 Amer Fork 8c Hoe Co com...* 245,900 American Gas A Klec com...* 9,470 Preferred.. 100 2,800 4,000 400 24,400 1,125 8,100 1,200 75,400 American General Corp 10c 11,800 $2 preferred ...........1 1,300 $2.50 preferred..... ...1 11,500 Amer Hard Rubber Co com.50 175 550 100 1,200 7,800 900 Amer Investment (111) com..* 37,100 Amer Laund Mach 300 1,175 25 68,356 Preferred 6,200 4,150 9,200 762,200 10,000 32,100 15,300 36,500 62,700 14,300 19,400 4 1,000 69,600 2,700 2,900 1,500 1,900 4,600 "MOO 290 Amer Pneumatic Service.._.* Amer Potash 8c Chem Corp..* Amer Seal-Kap Corp com....2 American Superpower......* 2034 39 "ll"" 21 Sale Sale 34 38 26 343 413 2834 2934 2434 2154 Amer Thread preferred.....5 Anchor Post Fence com....* Wupperman 1 254 Sale Sale *15Sale' 3334 3834 2134 3434 3934 23 2854 "154 55 1 Sale Sale 3634 9 234 l 15 40 1034 Sale 9634 Sale 434 Sale Sale Class A........ 34" "35" May 43 5 z20 May 28 May 18 May 20 May 13 30 May May 2134 May 2834 May 5154 May 5 4 4 4 8 1 134 42 7 : 45 154 9134 834 Sale 9354 36 Sale 434 654 454 434 Sale 3134 "3334 4 4 7 4234 May 18 1 May 14 42 May 13 534 May 25 154 May 20 9034 May 26 30 May 19 434 May 12 334 May 13 634 May 13 45 434 134 Sale 154 4854 May 134 May 21 44 May 12 634 May 25 154 May 1 9354 May 28 38 May 3 x4% May 27 434 May 4 734 May 3 May\ 17 "3354 May"! Sale 8 Sale 834 Sale 10 54 Sale Ashland Oil & Refining Co.l Associated Elec Industries- 634 Sale 1254 13 234 Sale 50 Assoc Tel & Tel class A. "1434 Sale" 4 Sale 3354 Sale 732 Sale 834 :834 Sale 834 "1234 Sale" 634 Sale 1154 1134 154 Sale 334 Sale 2234 Sale 34 Sale 1154 Sale 154 Sale 3 22 Sale 2434 84,000 Atlantic Coast Fisheries....* 5,700 Atlantic Coast Line Co....50 S* Sal 101 34 Sale Atlas Corp warrants..... 1234 May 7 154 May 4 3 34 May 1 2534 May 24 34 May 1 54 May 10 54 May 10 * 834 May 19 49 88 J* Sal* "M iie" May 21 May 21 May 19 4134 Jan. Jan. 19 36 Apr. Apr. Apr. Apr. Apr. May May 3534 26 29 125 23 136 51 7 4J 28 24 28 4854 13 __ May May May May 18 26 17 18 May 5 2434 Jan. 18 1834 May 18 2734 Mar 16 38 Jan. 26 13 3 6 Mar. 22 Jan. 22 Jan. Jan. 7 18 Feb. 1 Jan. 14 5 Mar. 6 12 3634 Feb. 11 42 32 37 38 Feb. 5 Jan. 22 Mar. 22 Feb. 20 2634 Jan. 16 2834 Jan. 4 5434 Apr. 21 Mar. 18 82 Apr. 26 May 14 59 Jan. 53 Apr. 3 99 Jan. Jan. 13 23 5934 434 554 854 134 4234 Jan. Jan. Jan. Feb. Apr. Feb. 14 14 11 26 2 8 6 Mar. 22 30 May 19 434 May 12 3 H May 13 554 Jan. 26 54 Mar. 30 29 < May 17 10554 134 634 634 834 Jan. u Mar. 18 Jan. 2 534 May 25 154 May 20 88 Jan. Jan. Feb. Mar. 29 11234 Jan. x20 II* 4}* 47 8 254 Mar. 29 Jan. 11 234 Jan. 20 7 1034 Jan. 14 H°34 Jan. Mar. Jan. May May 7 Feb. 16 3 1234 1334 1054 96 1554 834 Api*. May May 554 May 83 11 8 Feb. 8 Feb. Jan. 16 Jan. 11 5 Feb. Jan. 11 1034 Apr. 26 134 Apr. 29 234 May 14 18 May 13 34« May 22 54 May 7 54 Jan. 7 7 Apr. 1334 Feb. 11 3 Jan. 7 534 Jan. 3954 Jan. 732 Jan. 134 Feb. 54 Feb. 7 Apr. 834 May 19 13 34 Jan. 30 5754 Mar. 19 May 15 4 Jan. 14 2934 Mar. 18 100 834 854 5134 Sale 30 Atlantic Gas Light pref..100 Atlas Plywood Corp.. 1154 May 28 154 May 12 234 May 14 18 May 13 %s May 22 % May 7 54 May 20 * Atlanta Birmingham Coast— RR Co pref .......100 F«r footnotes see page 53 29 10734 May 4 10834 May 15 134 May 25 154 May 1 634 May 14 834 May 4 634 May 14 834 May 4 834 May 14 934 May 20 83 May 17 83 May 47 11 May 20 13 May 5 554 May 19 654 May 5 Sale 8 American deposit rects_.£l 11,800 85,300 Assoc Gas 8c Elec com 1 Class A..................1 487,700 $5 preferred..............* 33,500 Warrants 268,300 9,900 Assoc Laundries of Amer...* V t c common............* 5,000 ....... 3134 315 325-8 334 3334 2654 May 21 May 6 118 May 7 126 5 May 15 454 May 234 lf2 54 20 May 1834 3434 May 31 112 May 108 1034 May 954 3434 May IV* May 11 38 22 May 4 19 154 May" 13 "234 May" 134 Sale 10834 Sale 227,100 72,000 ■ May 10 37 May 6 454 May 5 90 1,100 3,500 29,700 4,600 13,200 2,100 2,600 125,400 454 May 5 234 May 12 1834 May 28 31 May 13 L0934 May 24 954 May 18 32 May 26 38 May 17 19 May 18 49 Sale 35 27 54 "May" 14 32 120 May 4 123 L27 May 7 127 x20 2754 1834 2834 2934 Sale Sale Art Metal Works common. ..5 12,200 4,200 Sale 434 434 234 Sale 1854 20 3354 Sale Sale 20,400 30 '3134 Sale" 3154 May 21 3254 May 21 334 May 19 Rights Apex Elec Mfg Co common._» Appalachian Elec Power— Preferred..... .......10 380 Arkansas P 8c L $7 pref * ; m 21 1,700 10,800 800 Sale 2534 Sale 28 4734 434 534 6 ........_* 95,700 2,000 "2§34 35 - 33T Preferred 1,103,100 10 4J4 Sale 3 92 Angostura Sale 434 1st preferred.............* 1,980 $7 preferred.. .........* 265,600 Arcturus Radio Tube_._...l 265,100 Arkansas Nat Gas com * 15,400 3534 434 Sale 100 ... American Maracalbo.......l 17,500 American Meter Co * 350 18,000 32,300 9,000 30 696,600 2,100 500 com 73,700 Amer Light & Trac com....25 2.600 0% preferred... ......25 ! 11,525 Amer Mfg Co common.....100 "634 "654 3254 "234 Sale" 23 Sale 2 22 May May May May 18 15 13 18 954 May May 8 May 15 254 May 5 2354 May 8 53 47 Jan. 88 88 May 15 May 13 2 19 Jan. 7 4 88 v, NEW 42 YORK EXCHANGE CURB NEW YOR1I CURB EXCHANGE in Since May Shares Jan. 2 1937 STOCKS (Continued) Bid Par Bid 63* 93* Babcock Ac Wilcox Co.......* 900 250 2 3* ""8" 1363* Sale 7% Sale 73* 10 31 1,800 9,400 3,900 14,600 1,000 16,975 128,100 }Baldwin Locomotive warr... 21,400 Bardstown Distillery Inc—1 1 369,200 Barium Stainless Steel 10,800 Barlow & Seelig Mfg class A.5 400 Ask Ask Bid 33* Sale 8 Sale 124 Sale 1% Sale 7 Sale 10% Sale 10% Sale Sale 900 Baumann (L) & Co com....* 340 7% 1st preferred 100 100 800 Beaunit Mills Inc 800 100 100 common. 3 Sale Sale Sale 3,900 3,200 3,700 82,300 1,008 360 60 100 15,200 1,000 5Q 7,800 : 800 11,700 1,900 3,000 conv 13 Bellanca Aircraft common.. 1 i 200 70 """300 300 5,100 124 % 2% 2% 3 $3 opt conv pref 6 Sale 13* 143* 20 10% 14 6% 17% 20% 3% 12 Sale 17% 1% 10% Sale 27% 3% 12% 5% Sale 143* Sale 3% Sale 1% Sale 13% 14% 17% Sale ~2% Sale 1% Sale 13% 14 IB" Sale" 39% 3 3* Sale Sale 3% Sale 453* 47% 2% Sale 45% 40% Sale 22 18 93* 503* .....100 Borne Scrymser Co— 25 {Botany Consol Mills com...* 1st preferred 14# 103* 523* 153* '~6~~ Sale * ...5 29 3* Sale 27 3 113* 5% 159% 4 5 '2% 453* 353* .... Bower Roller Bearing 18 13 28 13 26 5 27 19 19 13 5 27 18 6 7 113% 37 Co com...* Bourjols Inc 6 3 "2k Sale" Bohack (H C) Co common.. 7% May May May May May May May May May May May May May May May 116 Sale 7% Sale 37 40 "S $ 5% 29% 6 Sale 20 8 7 37% 36 UP, 18x 28$ 28$ Lowest 23* May 6 7 3* May 1 113* May 26 18 13 22 1 Sale 1223* Sale Blue Ridge Corp com.......! Blumenthal (S) Ac 1% May May 9% May 9 May 31 May 6 Sale 5 Bell Telep 454,500 Berkey & Gay Furn Co 1 Purchase warrants 308,100 7,500 'Mckford's Inc com...—.. 825 £*2.50 Conv pref • llss (B W) Ac Co common.. 121,300 800 Bliss & Laughlin Inc com...5 95,800 15,800 31,600 3,550 1,870 5,800 19,800 13,500 53,400 17 10 Co of Canada.. 100 700 Bell Telep of Pa 63*% pf.-lOO 1,000 Benson & Hedges com......* 450 Convertible preferred... 22",400 23* Sale 3% 3% 5% Sale 10% Highest Sale Prices 18* pref 20 3,900 Beech Aircraft Corp com._.l 70,400 Bell Aircraft Corp common.. 1 $1.50 % Lowest Sale Prices May 28 May 1 Ask 1 289,700 Austin Silver Mines 71,300 Automatic Products Corp..5 47,000 Auto Voting Machine com..* 1,900 Avery (B F) Sons Co 5 5,150 Alton Fisher Tob class A—10 27,900 13,500 7,000 1 Price Jan. 1 Shnres RANGE SINCE JAN. PRICES IN MAY SALES AGGREGATE 13 103* May 28 32 May 1 128 2% 3% 1!* 11 82 xl8 27 if* 0% 100% 115 4 May May May May May May May May May May May May May May May Jan. 4 63* Apr. 30 Mar. 24 28 33* Mar. 31 9 Feb. Jan. 16 Jan. 18 Mar. Apr. 11* May 27 V' May May Apr. 10 116 May 00 28 103 Jan. 8 80 20 7 13 10 12 3 21 33* May 1 May 5 233* May 4 73* May 37 May 26 47 3* May 13 53* May 8 303* May 7 16 113* Mar. 22 11 Apr. 13 May 18 156 13* May 13 43* 3 5 May 28 2 8 33* Jan, 16 Apr. 30 21 19 17 19 3 11 10 27 2% May May May 7 May 34 May 3* May 13 5% May 19 28% May 13 May 18 7 Sale Prices 43 116 2 3* May 4 14 13* May 1 11 21 14 143* May 14 363* May 10 25 4 183* May May 3 7 38 20 6 5 1 12 1 12 6 2% May 1 May 13% May 36 May 14% May 363* May 46 Highest Sale Prices 1 3* May 13 Mar. 6 Mar. 15 16 Feb. 10 Feb. 18 19 *18 May 17 19 27 May 19 13 43* May 3 Mar. 3 28 18 Jan. 6 83* Mar. 2 159 Feb. 26 169 Feb. 13 113 3* May . 6 1253* Mar. 10 4 May 7 53* Mar. 3 18 Jan. 22 19 Feb. 19 4% 23* May 14 May 11 133* May 14 36 Jan. 14 May 25 May 7 36 18 2J* May 13 423* Mar. 27 20 May 12 7 May 3 34 May 21 153* Jan. 6 3* Apr. 22 5 Feb. 1 28 Jan. 5 Jan. 4 22 2 3* Feb. 5 155* Mar. 8 373* Feb. 3 24H Feb. 17 38 May 3 43* Jan. 483* Jan. 16 21 433* Jan. 18 Jan. 25 29 11 563* Jan. Feb. 20 19 % Jan. 6 73* Mar. 15 353* Feb. 5 Bowman Biltmore Hotels— 24,600 5,150 14,200 63,900 13,200 2,900 700 800 10,200 4,600 Common 25 10 "400 173* Sale com 500 130 520 5% Ik Sale 21% Sale Sale 2% Sale 4% 4% 24% 24% 12 Sale 19k Sale 17k "18" 13* May 17 23 May 27 4% May 21 213* 9% 32% 163* May May May May 11 14 10 13 2 May May May x25 May 12 May 323* May 193* May 25 5 3 21 3 27 28 10 4 ..100 Preferred 1,000 Bright Star Elec class B— 63,800 Brill Corp class A ...... Class B 83,200 16,000 7% preferred ......100 5,500 Brlllo Mfg Co common...... 2,000 3,000 1,100 2% 10 Sale Corp 78,300 Bridgeport Machine " 1% 5 18 3* Brazilian Tr Lt Ac Pr ord—* Breeze 3 1 300 Bridgeport Gas Light Co....* • 7,200 2 3* ..... .......100 ....100 7% 1st pref 2d preferred 1 7 Sale 23* Sale 583* Sale 10 113* % A 10% 4% 1% 11 Sale 57 Sale 10% 11% Class A 10 5k 1 n% 544M 11% % May 8 May 33* May 53 May 93* May 28 May 24 14 14 13 18 7 13 1 May 113* May 43* May 57 May 103* May 30 May 13 24 13* Apr. 28 Apr. 28 May 21 203* 43* 183* 93* Jan. 4 May 14 31 Apr. 16 Mar. 22 [083* 3* 63* 23* Apr. 29 May 24 Jan. Jan. 4 53 14 13 May 13 93* May 18 28 May 13 23* Jan. 323* Jan. 8 Jan. 6 7 4 303* Mar. 1 143* Mar. 29 363* Jan. 21 21 3* Jan. 22 1083* Apr. 29 33* Feb. 5 163* Feb. 2 7H Feb. 18 77 Feb. 123* Mar. 2 1 Mar. 11 31 British-American Oil Co.... 300 3,400 300 * * 21J 21; 23 3* 23 % 22% 22% 24 22J* 223* 233* 233* 223* May 24% 323* Coupon stock (bearer) Registered 32% 333* 30% 30% 31 31% 313* 313* 313* 313* 31 k 2% 223* May 131 223* May 233* Jan. 263* Mar. 8 Mar. 20 25 British Amer Tobacco, Ltd— 5,000 1,900 900 Amer dep rets ord bear. £1 Amer dep rets ord reg £1 32 May 18 313* May 6 2 May 26 353* May 18 83* May 25 613* May 13 12 May 253* May 73* May 18 2 May 363* May 9 May 73 May 143* May 253* May 7 34 May 26 25 24 22 19 1 6 44 11 82. Apr. 153* Feb. 20 20 May 26 20 283* Apr. 12 123* Jan. 16 70 Apr. 22 30* Mar. 5 *303* Mar. V 33 31 Apr. 24 32 Jan. Feb. 18 6 23* Feb. 17 25 British Celanese Ltd— 100 75 13,500 75 125 5,850 14,200 55,600 43,800 Am dep rets ord reg..-10s 100 I,400 1,300 46,300 10 "T266 2% 1 2 23* * Class B Brown Co 6% pref ..100 Brown Fence & Wire com—1 Class A preferred $6 preferred 300 "7",700 09% 10% 25% 74 12 Sale 6 46 12 48 24% 24% 106 106 % 102% Sale 5 12 48 % Sale 24% Sale 95 101% 100 "26"" "2l"" 5 "3 k" "4k 33* Sale 600 24,300 2,500 4,200 8,900 Cable Elec Prod * v t c 4 4% 6% 7H 1 1% Ye 3 7 5 13* 3* 53* 273* 13* 13* .3* % 53* 283* 25k May" 12 "28k "May" "7 Sale » 43* 43* 5 Feb. 39 9 Jan. Mar. _ Apr. 253* May 73* May 70 Apr. May 43* May 17 % May 13 14 13 19 May" 12 May 43* May 5 6 53* May 24 % May 7 V% May 3* May 53* May 29 May 37 k 3 m 233* May 98 May 1003* Jan. 253* May 188* 2|3* Jan. 9 26 Feb. Mar. 23 4 Jan. ^4 Mar. 11 May Jan. 383* Mar. 363* Jan. % Feb. Jan. Jan. 4 8 16 Jan. Jan. 46 4 37 % May'i 2 % May 5 43* May 19 13* 11% 43* 13* Apr. 353* May 83* May 103* Jan. May May 13 49 233* May 28 243* May 98 May May 28 101 48 43* .... 8Q0 2,100 May 26 10 473* 493* 233* Sale 98 Sale 28 "3% "4k Sale 133* Sale 122 116 — """125 723* 7%%7% "7k" 8" "23"" "26" ..* 4,800 Buckeye Pipe Line........50 21,600 Buff Nlag Ac East Pow pref.25 $5 1st preferred 3,800 * 16,900 Bunker Hill k Sullivan.. .10 New common —: 2.50 7,700 * 2,000 Burco Inc common. 800 $3 conv preferred * Warrants. 5,500 19,900 Burma Corp. Amer dep rets. 6,500 Burry Biscuit Corp 12He 2,300 93* Sale * ... 2,300 Bruce (E L) Co """600 44% Sale 13 Sale * Brown Forman Distillery... 1 200 Bruck Silk Mills Ltd 1 2% 200 British Col Power class A..* 5% 8 43* May % Apr. 27 Mar. Mar. 13* Jan. 7 19 9 13 8 8 18 Cables & Wireless— Am dep rets A ord ah £1 Am dep rets B ord sh 53,800 £1 Am dep rets pref sh 3,000 ..£1 2,300 Calamba Sugar Estate Co.20 300 200 150 Camden Fire Ins Assn 900 Canada Cement Co 4] 30 5% 31% 53* 303* 13* *A 53* 31 13* May 10 3* May 3 53* May 13 30 May 26 3,300 common 50 Canadian Car & Fdy pref. 3* Jan. 53* Feb. 17 * 7 .2$ Sale Sale 43 793* Sale 75 26 44 100 Canadian Dredge & Dock.. 24 803* May 53* May May May May May May May May May May May May May May May May May 44. 20 7 Mar. 40 73 Mar. 11 823* Jan. 53* May 13 Apr. 29 155 May 14 5 13* Jan. 83* Jan. May 28 May May May May May May May May May May May May May May May May May May 13 4 31 3* Feb. 24 283* May Feb. Feb. 13* Mar. 5 % Jan. 21 53* Feb. 8 323* Feb. 19 223* Jan. 18 Apr. 14 Apr. 29 Apr. 23 7 May 17 May 21 * 283* Apr. 28 22 F 100 Canadian Canners common.* 650 Jan. 1 45 14 1 Mar. 12 Apr. Canadian Hydro Elec Ltd— 510 2,070 24,600 2,100 1,700 200 10 .......100 272,800 200 B non-voting 0% ........ Carib Syndicate com 25c 1,400 Carman Ac Co conv A stk Class B 2,500 8,200 Carnation Co common... 300 500 178,400 Carnegie Metals Co 7,900 70 40 73% Sale Can indus Alcohol cl A 40 Canadian Indus 7% pref..100 381,100 Canadian Marconi C0......I II,300 Capital City Products....—* 9,900 1,300 52,600 • * * b% 1% Sale 10% 2% Sale 23% 27% 6% 7% 32% Sale 14 com... 53* 43* 53* 5 1% Sale 213* 22 2 3* Sale 253* 273* 63* Sale 293* 303* 23* 23* 570 Carolina P Ac L $7 pref......* 400 16,300 2,400 1,200 700 Castle (A M) & C9_— v 53i 434 1% Sale 17 20 1 36k Sale Sale Sale 493* Sale Sale Sale 10 303* 313* 38 Sale 34 "9k Sale 73* 53* 43* 155 13* 20 1% Sale xl% 243* 263* x25 6 53* 73* 26 26 28 23* 23* ;> 2.;:: 90 10 32 .10 Catalln Corp of Amer 188,400 53* 43* 83 $6 preferred............. 221,500 Carrier Corp common......* 86,100 Carter (J W) Co common....1 19,750 Casco Products ...* 200 9,400 6% preferred 83 42 303* Sale 93* 293* 32 36 36 63* Sale 63* 6 13 4 14 6 27 13 13 26 19 14 20 13 15 21 10 18 24 7 4 14 4 3 3 1 11 3 3 5 25 7 7 10 1 16 25 4 3* 73* Jan. 25 L61 Apr. 12 33* Jan. 9 15 Jan. 7 23 3* May 4 2 3* Jan. 23 xl% May 13 24 6 Mar. 263* Apr. 16 5 Mar. 6 73* Jan. 15 26 Jan .20 May 19 35 2 May 14 33* Feb. 25 90 6 May 20 102 3* Jan. 83 Apr. 26 973* Jan. 20 30 Jan. 12 543* Apr. 21 93* May 15 14 3* Feb. 10 28 Mar. 22 383* Feb. 5 36 May 10 393* Mar. 12 63* May 18 103* Jan. 22 Celanese Corp of Amer— 1,925 100 15 3,200 19,150 7% 1st partlc pref 10,700 Celluloid Corp com 1st preferred 1,910 $7 dlv preferred 3,700 15,200 Cent Hudson G & E com 110 130 Cent Maine Pow 7% pref 116 100 100 320 300 1,600 475 11,900 23,900 250 775 100 125 6,500 10 12 Cent Ohio Steel Prod 1 Cent Pow Ac Lt 7% pref...100 Cent Ac Southwest Util— Common 50c 297,500 290,700 Central States Elec com.. 4,200 7% preferred 100 15,500 6% pref without warr..100 Conv preferred .100 1,375 Conv pref opt ser 1929..100 2,575 97,600 Centrifugal Pipe Corp * May 4 10 May 11 1053* May 10 543* May 7 16 May 4 93 May 5 15 May 7 873* May 10 May May May 49 May 153* May 893* May 143* May 83 May 100 * * 122 1203* Sale 115 9 10 113* * ...... 33,100 3,225 "I6k Sale Sale *17k Sale sSH 153* 153* 19 !5%'io% 87% 853* Sale 33* 13* Sale Sale 3% Sale 1% Sale 44% 19% 20% 23% 25 19% 20% 5% Sale 43 153* 153* 82k "84" 23* Sale 13* Sale 33 25 16 163* 17 23 11 V 15 143* 173* 123* 173* 53* Sale 28 15 53* 173* Sale 32 23* May 13 13* May 18 263* May 17 14 May 20 153* May 24 14 May 13 43* May 13 33* May 13* May May 183* May 20 May 17 May x5% May 34 1083* Jan. 14 122 May 4 10 Mar. 17 May 11 15 93 3* Jan. 23 1053* Mar. 19 393* 153* 893* 143* 83 Jan. 57 Apr. 28 19 Jan. Mar. 17 Jan. 8 96 25 May 17 May 13 23* May 13 1 3* May 18 263* May 17 14 Apr. 28 153* May 24 14 May 13 43* May 13 Feb. 16 223* Feb. 13 91 % Apr. 1 63* 23* 513* 273* 33 3* 263* 7 Jan. Jan. Jan. Jan. Jan Jan. 22 14 14 14 14 13 Mar. 30 Chamberlln Metal Weather 400 800 225 200 1,220 3,500 16,300 1,300 900 Strip Co ... 5,900 Charis Corp com 1,425 Cherry-Burrell Corp 3,250 Chesebrough Mfg 10 15% Sale 25 iiok 113"" 23,470 Chicago Flexible Shaft Co..5 For footnotes see page 53 133* 143* 123* 78 * 9,675 Chicago Rivet Ac Machine 4 122,800 Chief Consol Mining Co 1 7,800 Childs Co preferred ISO 193* 143* 17 May 13 May 773* May Il7k 122" 117 1173* 118 May 67 Sale 64 May 15 143* 153* "15k "16k May 1 13* Sale ; 13* 3* May 90 Sale 86 May 18 ..... com 1% 78 1% Sale 16 14 Sale 15 19 14 21 27 813* 11 120 18 683* 18 17 13* 15 18 91 May 4 May 8 May 11 May 7 May 6 May 7 May 27 May 3 17 13 76' 18 Apr. 28 163* Feb. 3 823* Mar. 24 123 Apr. 20 12 763* Mar. 5 28 17 3* Mar. 17 2 3* Feb. 11 15 6> 92 3* Apr. 17 May 15 Mar. 15 713* Jan. 1103* Jan. L1VX4 52% Jan. 14 Apr. May Jan. 12 1 JUNE, 1937] AGGREGATE In NEW , PRICES IN MAY SALES May Shares Jan. 2 Jan. 1 Shares 137,400 16,300 3,200 1,741,400 96,600 8,600 230 830 275 3,625 Par Cities Service common......* 4*4 Sale * 59 *4 5 *4 Sale Preferred ... * Preferred B 4,100 10C 1,500 16.700 Cities Serv Pr & Lt St 3 600 Clark Controller Co Sale l"566 5.300 1 600 5,300 CUnchfield Coal B..;, 4,700 36,250 300 1,200 2,700 5,500 3,200 50 64 67*4 10*4 Sale 36 Sale Sale 2*4 41*" "42*4 Sale 12*4 6 *4 Club Aluminum Utensil com * 500 Columbia Pictures 4,500 25,300 80,900 432,600 ■ 6 1*4 6,000 . Sale 8,000 219,300 27,100 13*4 7*4 Sale 5,900 2,400 o VA 32*4 1*4 16*4 16*4 * 20 60 4,700 17,600 200 % _ 61 4*4 61*4 36,600 Coos Retail Stores Inc 4,800 180 89*4 Sale Sale com 7 ; Sale *4 1*4 Sale 1*4 2*4 1*4 7lH 78 Sale 8 122 825 Continental Secur common.* 800 23,900 275 400 1,400 15.400 Cook Paint & Varnish Co.. 20 " 6,755 2*4 12*4 99 Sale Sale 19*4 20 $4 preferred B 100 - 62,800 Cooper Bessemer Corp com..* 1,200 S3 preferred A .......* 4,500 $3 prior preferred....... 31*4 Sale 61*4 Sale 27,700 Copper Range Co 100 12*4 Sale 700 Copperweld Steel 700 .... 10 com.. 169,400 (lord Corp ......3 28,900 Corroon Ac Reynolds.... ...1 3,900 S6 Conv pref A .......* 267,300 tCosden Oil Co com... 1 24,400 ... 200 600 24,500 32,800 B Preferred............. 100 Gourtaulds Ltd.. 43 63 87 Sale 7 90 43 Sale Sale 38 Sale 92 87 1*4 21*4 Sale 22 2,600 5,000 Cramp (Wm) Ac Sons Ship & Engine Bldg Corp ..100 1*4 15 13*4 25*4 6*4 9*4 70*4 Sale Sale 1*4 800 ...5 37*4 Sale Sale 243,500 Crown Cent Petrol Corp 400 Sale com 1 11,700 Crown Cork Internet cl A. 108,400 Crown Drug common....25c 8,100 1,700 1,200 750 \ 2,625 Preferred.. "2*4* "2*4 * 10 ... 200 4,500 4,300 50 900 64,955 1,000 1,656,700 Cuban Tobacco * com y t c Cuneo Press com. * ....... 634% preferred.........100 Curtis Mfg Co (Mo) Cusl Mexicana Mining 100 2,400 4,600 750 76,000 7,300 100 200 llavenoort Sale 12 2*4 13*4 Sale 4 *4 Sale Sale 7*4 125 Sale 8 2*4 10*4 87 1 2*4 1 *4 80*4 2*4 10*4 88*4 1*4 ;•(: >■ 20 B- Sale 80 7*4 120 2*4 9*4 85 1 19*4 24*4 26*4 27 22*4 May 14 52 62 Sale 31 11*4 32*4 13 33*4 3 Sale 5*4 87*4 1*4 Sale 90*4 Sale 24*4 25 H i 7 May 26 May 3 May 7 May 6 May 28 May 3 sin 24 52 May 35*4 May 10 May 33 May 3 May 5*4 May 87*4 May 1*4 May 24*4 May 28*4 1 *4 15*4 15*4 25*4 6 4 6 10*4 May 24 74*4 May 17 114 May 19 3 May 5 May 13 May 5 May 1 126 May 25 2*4 May 27 1 12*4 May 88 May 11 1*4 I 21 May 7 11 May 10 18 May 12 16*4 1 1A « Sale 33 14*4 % Sale 7 11*4 2*4 Sale 13*4 13*4 3*4 Sale 14 16 50 50*4 106*4 Sale H 15 24 13 19 28 18 13 18 17 Sale 13 Sale Sale '"8*4 Sale 8*4 6*4 49 43 • ....* Class A 35 32 12 *4 7 12 U JH May 13 1 Sale in ■ 6 8*4 45 40 1*4 12*4 3*4 21*4 *4 4 43 106 5 Hosiery Dayton Rubber Mfg 14 Sale m Sale 21*4 2*4 Sale 27*4 May 52 May 35*4 May 12 May 34 May 3*4 May 6*4 May 90 May 2*4 May 25 May 27 15 24 24 15 1 8 25 4 20 Sale May May May May May May May May May May May May May 14 13 4 22 14 14 12 28 11 25 14 10 13 13*4 May 21 ? May 35*4 May 14*4 May %May 7*4 May 2*4 May 13*4 May 4 May 22 May 1*4 May 9 May 7 May 43 May 106 May 1 13 4 4 8 18 1 3 3 19 26 28 11 10 13 *4 17*4 Sale Sale 14*4 13*4 wm 14*4 15 24*4 Sale 29*4 30*4 13 Sale feflfrMay" "3 10*4 23*8 14 Sale 29 30 15*4 Sale 12 14 11*4 14 70*4 85 Sale 14 15*4 19*4 Sale 30 31 *4 May 1 May 13*4 May 21*4 May 29 May 17 13 14 17 14*4 13*8 24*4 31*4 14 Sale *4 50c 59,300 Darby Petrol Corp.........5 5,700 70*4 May May May May May May May May May May May May May May May 17 25 6.400 Crystal OU Ref Corp com 750 6% preferred 600 8 16*4 2*4 27*4 May 13 May 1 May 25 May 4 1*4 15*4 14 *4 Sale Sale 18 "3*4 Sale* J* 92 89 4*4 May 18 4*4 May 26 17*4 May 1 67 May 6 25*4 May 13 1*4 May 13 15 May 14 14*4 May 27 20*4 May 13 5*4 May 14 13*4 May 21 1 131,500 Crocker Wheeler Elec Mfg..* 478,200 Croft (The) Brewing Co 1 1,100 Crowley Mllner Ac Co com...* 21,200 ""6*4~May26 26 76 28 8*4 11 34*4 14 112*4 17 Sale May 5 May 10 May 1 May 7 Sale Am dep rets for ord stk req 100 182,700 Creole Petroleum 14*4 7*4 1*4 19*4 *4 May 1 *4 May 1 *4 May 3 V 1*4 May 34 May 18 45 May 11 11 6 Apr.* 16 Mar. Jan. Jan. J an. 9 15*4 Apr. 7 9 Apr. 2 2*4 Mar. 16 18 16 Jan. 7*4 3*4 4*4 3*4 13*4 Apr. 12 4 Jan. Jan. 14 4 Jan. May 18 Jan. 6 56 May 6*4 Apr. May 107 May 69 34 2 25 12 22 Mar. 9*4 8*4 4*4 4*4 24*4 74*4 Feb. 4 Feb. 8 May 18 Feb. 8 Feb. 11 Apr. 6 26 104*4 28 10*4 11 39 14 139 *4 Mar. 1 1*4 May 3 34 May 18 2 Jan. Jan. 14 8 Jan. 20 18 Jan. *& Jan. 8 2*4 Jan. 25 64 Jan. 14 Jan. 14 2*4 Mar. 2 34 25*4 May 1*4 May 15 May 14 *4 May 20*4 May 5*4 May *4 Jan. 7*4 Jan. 70*4 May 113 Apr. 2*4 May 1 May 17 Jan. 17*4 Jan. 33*4 Mar. 11 Jan. *4 Jan. 11*4 Mar. 89*4 Jan. 114*4 Feb. 4*4 Mar. 2*4 Mar. 100 73*4 Apr. 7*4 May 113 Feb. Mar. 10*4 Jan. 8 23 10 22 8 31 8 8 12 15 9 19 135 3*4 17*4 102*4 2*4 26*4 2*4 Apr. 6, Feb. May 1 Apr. 17*4 Jan. 11 Apr. 16*4 May 61*4 Mar. 22*4 May 52 May 35*4 Apr. 10 Mar. 33 May 3 May 5*4 May 86 Feb. 1*4 May 24*4 May 85 Mar. 27 Jan. 25 Mar. 16 Jan. 18 Jan. 22 Jan. 22 Feb. 10 Jan. 23 Mar. 11 Feb. 10 Jan. 7 Jan. 7 Jan. 12 May 15 Jan. 12 Jan. 18 Mar 16 Jan. 2 Mar. 1 15 21*4 61*4 35 64*4 52*4 18*4 34 5*4 7*4 94*4 4*4 39*4 21 400 13,700 6,400 14,800 May 7 B May 34 May 107 May 114 121 1,720 8% preferred ........100 6,900 Consol Royalty OH 10 606,700 Consol Steel Corp common * 1,675 Cont'l G Ac B 7% pr pref...100 24,200 Continental Oil of Mexico.. 1 108,900 Cont Roll Ac Steel Fdy com..* 200 75*4 73 2*4 S 5,000 7*4 7 4*4 May 18 4*4 May 3 3 3*4 May 13*4 May 18 60 May 19 69 35 1*4 16*4 16 25*4 8 Feb. 4 Feb. 10 Feb. 13 Feb. 13 9 l*i 1*4 8 J an. 8 12*4 May 14 7 May 4 1 May 8 19*4 May 5 16 Jan. 5*4 Jan. Apr. 30 May 18 *4 Jan. 4 36 May Sale "8*4 Sale 1 1,000 Warrants 16,353 Consol Min Ac Smelt Ltd •850 4 11 11 3 Feb. 109"" 111*4 109"" ill"" Sale I 100 com 10 5*4 Jan. 60 50*4 May 28 56 May 18 9*4 Apr. 29 Jan. 7*4 Sale 1*4 15*4 15*4 25*4 1 5% preferred A Consol Gas Util 12 1 3 May 17 46*4 Apr. 12 4*4 Feb. 26 42 Mar. 27 1 Sale Sale . Consolidated Biscuit Co 12 May May 50 May 72 May 65*4 May 11 May 4*4 May 39*4 May 3 May 4 1*4 75 Sale 100 Consol Cigar Corp warrants. 812,100 Consol Copper Mines 5 40,000 Con Gas E L Ac P Bait com..* 95,200 6 700 1 4 5 10 8 1*4 Sale Sale 1946 com.. 3*4 May 52 13*4 6 ,4*4 14 Sale Stk tr ctfs for com.......25 Consolidated Aircraft- May 17 May 13 4*4 May 13 46*4 May 27 50*4 May 28 56 May 18 9*4 May 13 4*4 May 11 36 May 18 2*4 May 18 13*4 3*4 4 17*4 Sale 63 66 Sale c ext to 3 47 May ll Sale Warrants V t Highest Sale Prices 40 Sale 100 . 500 Lowest Sale Prices 42*| "40*4 "May" 11 ~43*4 May"24 Sale com new-- Commonwealth Edison Highest Sale Prices 41 6*4 sJB 20,700 Community Water Serv .....1 6,700 Compo Shoe Machinery... 1 800 400 2*4 Community Public Service— 850 1,300 1,300 Sale '5*4 Sale Sale 7.700 Commonwealths Distrlbut..l 4,500 Community P Ac L 1st pref..* • 700 Sale .* Commonwealth Ac Sou Corp— 400 58 9*4 Sale "47*4 5% Conv preferred .100 558,900 Columbia Oil & Gas com 1 300 50*4 Lowest Sale Prices 8 39,100 33,800 Sale Sale 5*4 49*4 Sale 55 61 Columbia Gas & Elec Corp— 650 J 63 100 800 Cockshutt Plow Co Ltd 3*4 48*4 37"" "37*4 # 2.100 Cohn & Rosenberger com..* 817,800 Colon Development Co Ltd.. 23,400 5% income stock A £1 62,400 6% convertible preferred£l 99,100 Colorado Fuel & Iron warr.. 49,700 Colt's Patent Fire Arms Mfg25 27",200 Sale Sale 48 1 com 3*4 51*4 4A Ask 79 68 X 369,700 Claude Neon Lights com 1 2,700 Clayton & Lambert Mfg Co..* 8,250 Cleveland Elec ilium com...* 64,400 Cleveland Tractor com * " Ask Bid Bid 59 71 55 .....* Preferred BB prof..* 3,350 47 preferred. • 90,400 City Auto Stamping Co.....* 1,900 City & Suburban Homes 10 200 Ask Bid May 28 May 1 1937 STOCKS (Continued) RANGE SINCE JAN. Price NEW YORK CURB EXCHANGE Since jl 43 OUEB EXCHANGE "SOEK 24 13 19 13 13 1 13 14 18 28 13 28 May 24 13*4 May 6 May 7 7*4 May 1 82*4 May 25 19*4 May 6 19*4 May 6 14*4 May 8 3*4 May 21 12 May 3 May 13 May May 1 4 12*4 Mar. 13 1 28*4 12 *4 7 14*4 Jan. 1 *4 Feb. 38 Jan. May Mar. May Jan. May May May Apr. May 20 Jan. 14 3 25 22 *4 Mar. 8 Feb. 25 2*4 Jan. 12 16 Feb. 20 1 12 1*4 12*4 3*4 21*4 *4 May 4 May 6*4 Apr. 43 May 106 May 13*4 Mar. *4 Apr. 5 Jan. 11 25 Feb. 3 2*4 Jan. 9 9 15 50*4 108*4 16*4 *4 May 28 Jan. 9 Feb. 18 Feb. 6 Feb. 11 Feb. 26 18*4 Feb. 16 21 1 33 Apr. 6 May 13*4 May 19*4 Jan. 29 May 12 15*4 Jan. 28*4 Apr. De Havlland Aircraft Ltd— Amer dep rets ord reg.__£l 11,600 Dejays Stores Inc common..1 2,180 Dennlson Mfg 7% pref....100 300 260 65,400 Derby Oil Ac Ref com.......* ; 2,750 $4 cum preferred .* 16,100 Detroit Gasket Ac Mfg Co 1 7,300 225 4,100 9,000 6% preferred w w 20 31,300 Detroit Gray Iron Fdry com.5 3,500 New common 1 16,100 Detroit Mich Stove Co... 1 32,450 Detroit Paper Products 1 36,000 Detroit Steel Products.....* 1,010 Diamond Shoe Corp com * 4,900 Distilled Liquors Corp.....5 900 800 3,500 1,700 2.600 2,300 355 Sale 7*4 Sale "*6*4 Sale' 524 5*4 15*4 18*4 13*4 16*4 17 Sale 17 19 18*4 Sale 17*4 13*4 13 8*4 Sale 55*4 Sale "9*4 "16*" ■ 18 18 14*4 ^"3*1 Sale' 5*4 7*4 52*4 Sale Sale 53 "~9~*h~9*4 4*4 6*4 49 9 Sale Sale Sale "9*4 May May May May May 17 May May May 2*4 May 4*4 May 6 May 49 May t8* II* 9 May 21 14 14 87 69 5*4 May 7 *4 May 54 May 9 *4 6 May" 14 Feb. 12*4 May Apr. 5*4 Jan. 76 Apr. 15*4 Jan. 17 Mar. 13 May 2*4 May 4*4 May 6 May 49 May 25*4 Feb. 9 Apr. 17 14 Feb. 17 13 7 6 16 Jan. 13 87 May 7 88 Jan. 7 8*4 Apr. 14 14 13 19*4 May 6 20 20 Feb. 4 14 17*4 Feb. 11 3*4 May 21 18 28 13 28 5 9 Feb. 2 10*4 Jan. 16 64 Feb. 19 30 Apr. 16 10 *4 J an. 8 11 Distillers Co Ltd— 300 3,200 Am dep rets ord reg £1 4,700 66,700 Dominion Steel Ac Coal B..25 100 303 123 31*4 27*4 19*4 28 Sale 27*4 18*4 28*4 19 400 Dominion Tar Ac Chem Co..* 110 634% preferred.. 100 Douglas (W L) Shoe Co— 1,700 7% preferred ....100 250 1,700 15,700 ; 51 ^ 800 170 90 "2",455 2,700 975 150 4,100 400 400 3,000 v. 200 600 6,000 32,100 4,700 1,600 400 900 com common. 7% preferred * * .10 ......100 99,700 Dublller Cond Corp com 1 3,475 Duke Power Co 100 1,200 Durham Hosiery cl B com...* 23,800 Duro-Test Corp common 1 48,000 Duval Texas Sulphur * 2,400 1,175 13,500 5,800 3,350 Dow Chemical Co 961 Draper Corp 16,500 Driver Harris Co 335,800 99,400 26,150 7,175 1,625 67,100 4,000 7,300 43,400 4,200 8,900 67,700 2.214,600 51,503 19,500 8,300 23,800 ■ Eagle Picher Lead Co 10 Eastern Gas Ac Fuel Assoc..* 6% preferred 4>4% prior preferred 100 100 Sale Corp com 37 preferred series A 33 35 33 135 138 140 40 35 144*4 129*4 37 Sale "29*4 "81" "35"" "38" *36*4 Sale" "3*4 "3*4 ""3*4 "£§*4 ""3*4 "'3*4 68 1 70 1*4 "6*4 "7*4 22 Sale 6*4 Sale 60*4 62 69*4 Sale 69*4 SA 7 B 8*4 7l a Sale 8*4 76*4 Sale % : 1*4 5*4 6 7*4 8 19*4 6*4 Sale Sale 19*4 Sale 44 Sale 43*4 63*4 64 6 59 Edison Bros Stores Eisler Electric new ... Electric Power Associates Class A... F«r footnote* see page 53 Sale Sale 44*4 Sale "3*4" "4*4 6 74 80 67 Sale 58 72*4 11*4 74*4 12 65 Sale 57 10*4 Sale 9 Sale 5 Sale 22*4 Sale Sale 2*4 19*4 75*4 • 72 Sale 65 1 1 ..1 67 64 Sale "l§*4~ ~20~" "19" "20" 2 3*4 10*4 5*4 May 19 7*4 May 18 17*4 5*4 41*4 57*4 4 63 62 9 17 80 com Electric Bond At Share... 36 preferred 35 preferred 4*4 * Easy Washing Mach class B.* Economy Groc Stores com..* 7 7 6 37*4 May 21 41 May 4 129*4 May 28 144*4 May 4 80 81 May 13 May 5 36 May 13 38 May 20 111 May 7 111 May 7 4 3*4 May 17 May 70 May 21 76*4 May 28 24 • $6 preferred series B_.....* 28*4 May 21*4 May 15 May 26 12 15 108 Eastern Malleable Iron Co.25 Eastern States 28*4 May 7 17*4 May U 15 May 6 6 5*4 Sale Sale 17 Sale 70 69 60 7*4 7 2*4 Sale 6 Sale Sale Sale 6*4 5*4 Sale 19 2*4 15*4 69*4 60 6 5*4 May May May May May May May May May May May May May May May May May 18 11 17 14 7 14 11 11 28 6 13 13 18 27 28 10 18 7*4 May 8*4 May 20*4 May 6*4 May 45 May 62 May 25 May 12 5 May 68 May 67*4 May 10*4 May 17 May 20 May 2*4 May 19*4 May 78*4 May 67*4 May 6*4 May 14 6*4 May 30 Mar. Jan. 29*4 Jan. 20 4 28*4 Mar. 8 May 6 17*4 Apr. 9 Jan. 11 110*4 Mar. 8 4 Jan. 50 Apr. 16 159*4 Jan. 21 129*4 May 80 Apr. 30 107 96 Mar. Feb. 3*4 Jan. Apr. 1*4 Apr. 5*4 May 79 21 4 63 62 9 17 19 2*4 15*4 69*4 60 6 5*4 11 Feb. 5 1*4 Mar. 9 7*4 Mar. 1 10*4 Jan. 13 6*4 Jan. May May May May Apr. May May May May Apr. May May May May May May May 11 111 68 17*4 5*4 41*4 57*4 Jan. 42*4 Jan. 23 May 7 Jan. 18 11 17 14 17 14 11 11 28 19 13 13 18 27 28 10 18 27*4 Feb. 23 10*4 Jan. 19 71 Jan. 18 80 Jan. 18 26*4 Feb. 25 6*4 Jan. 5 82*4 Jan. 15 82*4 Jan. 18 13*4 Jan. 18 23 Jan. 11 24 Mar. 8 4*4 Jan. 21 28*4 Jan. 13 87*4 Jan. 28 80 Feb. 10 11 *4 Jan. 13 ' \ V , B: . . .V • -;Vr.v ,; NEW 44 YORK PRICES IN MAY sales aggregate NEW YORK Since May 13,600 37,300 4,350 350 100 2.800 475 250",606 400 150 Sale Sale ♦ 16 Conr pref with vrarr Electric Shovel Coal Co— 63*% preferred 100 4,750 Empire Pow Corp part stk._* 21,900 Emsco Derrick & Equip Co.5 950 1,000 41,700 456,400 Equity Corp 10c common 550 Eureka Pipe Line 50 50 97 A 55 83* 93* ■ Sale 4 83 62 71 63 73 75] 69] Sale 70 74 Sale Sale 14 143* 33* Sale 343* Sale 42 48 623* 663* 653* 74 Sale 59 643* 603* lV& J!* 2 463* 16 Sale 15 36 3* Sale 48K 2 7 33* 77 85 17 H 16"" ~183* Lowest A»* Sale 73* Ask Bid Bid Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices May 28 May 1 Ask Sale Option warrants.— Electric Shareholdings com.l 975 50 c: STOCKS (Continued) 7,600 $4 participating pref.....* 7,000 Electrographlc Corp com 1 1 10,000 Electrol Inc ▼ t c 15 3,425 Elgin National Watch Co 300 Empire Dlst Elec 6% pref. 100 12,600 Empire GAP 7% pref 100 4,400 8% preferred._.__..____IO0 4,525 4% preferred ... ...100 700 - 1937 Par * 5,570 Electric Pow & Lt 2d pf A 2,400 1,400 ; Jan. 2 Jan. 1 Shares RANGE SINCE JAN. 1 Price CURB EXCHANGE In Shares 360 EXCHANGE CURB 14~ 33* 43* Sale Sale 33* 3 3* May 68 563* Sale 493* 53 55 46 50 15"" "153* 36 Sale Sale Sale May 13* May 363* May Sale 40 2 38 24 4 15 May 28 14 33* May 35 May 1 4 653* May 11 59 May 1 60 May 11 31 May 7 xl6 May 6 23* May 1 363* May 13 483* May 54 May 303* May 15 73* Jan. 983* Jan. May "633* May" 4 May May 55 33* May 20 68 May 18 183* May May 18 163* May 13 14 May 28 3 May 18 32 May 25 54 54 May 18 6 3* May 20 61 20 35"" "45" 493* 8 5 4 8 80 83* May 43* May 83 May May 18 63* May 20 54 Jan. 14 27 54 55 483* 54 293* 15 13* 363* May May May May Apr. May May May 14 22 Mar. 29 Mar. 3 Jan. 19 Mar. 4 9 Ax>r, 7 12 223* Feb. 6 17 3* Feb. 10 133* Mar. 17 3 May 18 May 25 32 45 Jan. Jan. 26 28 26 19 5 18 18 13 Feb. 19 723* Feb. 13 74 Feb. 313* 193* 23* 473* Feb. 16 Mar. 11 Jan. 28 Feb. 9 13 European Elec Co of Can—■ 50,200 Option warrants 508,200 Evans Wallower Lead 26,350 7% preferred.. ..100 196,300 Ex-Cell-O Aircraft 8c Tool..3 1,500 22,300 1,300 6,800 42,900 53,900 15,750 14,200 14,800 7,100 5,100 59,800 4,200 5,200 1,500 900 - . , "2",600 V 5,100 3,700 22 19 Sale Pairchild Aviation com 1 7 Sale Palstaff Brewing.. 1 8 Sale Fanny Farmer Candy com_.l Fansteel Metallurgical Corp* 223* 123* 233* 133* FED Corp Fedders Mfg Co common....5 Rights 13* 283* 223* 63* Sale 93* 93* 213* Sale 153* 16 18,200 425 1,700 7,800 100 26 ^32 Sale ... Sale 203* 203* 143* Sale 383* ~~~H 112" 113"" 1123* 143* 3* Sale 233* 253* 7% 2% Sale 23* 103* 10 May 6 7 i64 May 373* May 11 Sale 163* % Sale 71 Sale 1113* 113 133* Sale Sale 82 22 14 18 12 18 73* 93* 213* 153* May May May May "25" Sale" "233* Sale 27 23 27 253* w 3* May 1 % 653* May 21 723* 112]* May 17 113 133* May 14 153* 80 May 13 82 363* May 18 45 223* May 26 253* 26 May 4 26 May 3 May 25 May 10 May 5 May May y 183* Jan. 5 Apr. 7 Jan. 2 • Apr. 29 Jan. Feb. 4 9 Apr. 24 May Apr. Apr. Mar. 653* May 1123* May 103* Jan. 36 7 64 12 28 15« im May Jan. Jan. "15"" May" "3 i32 May 1 393* May 15 2 21 17 14 Jan. 8 May 18 223* Jan. 253* Jan. May 13* Feb. 4 33* Feb. 23 453* Mar. 11 273* Mar. 10 3*« Jan. 8 7 1 3 133* Sale 173* 3* Sale 113 3* 11K Sale 63* May 83* May 193* May 1431 May 14 39"" Sale 14 38 5* 40 May 193* May 63* Sale 9 3* May 4 13* May 3 293* May 10 223* May 1 3* May 13* May 13* Sale 28 21 Sale "143* "143* "14 " Sale 204,300 Fidelio Brewery .........1 1,750 Fire Assoc of Phlla 10 1,120 First Nat Stores 7% 1st pf.100 293,900 Fisk Rubber Corp common..1 7,830 Preferred 100 17,850 Florida Power 8c Lt S7 pref. 207,800 Ford Motor of Canada cl A..* 3,095 Class B * 470 60 - Sale 1 20 Ferro Enamel Corp com 1 800 Fiat Amer dep rets......... 12,966 v 3* % ... 2 5 83* Feb. 113* Mar. 24 2 3 Feb. 20 173* Feb. 20 3* Feb. 4 153* Mar. 20 tJ2 May 1 473* Feb. 6 183* Feb. 24 13* Jan. 26 823* Jan. 12 L143* Mar. 3 183* Mar. 17 92 Mar. 8 65 Feb. 4 293* Feb. 11 313* Jan. 23 Ford Motor Co, Ltd, 2,700 74,700 Amer dep rcts..Ord reg II 6,900 Ford of France Am dep rets.. 5,100 Fox (Peter) Brewing Co 5 26,700 Franklin Rayon Corp com., 1,600 1,400 24,000 10,200 10,900 200 700 Froedtert Grain & 63* 63* 33* Sale 3 10 11 113* 113* 1 Conv pref 15 pref...* 130,400 General Alloys Co.... • "3",900 93* 63* Sale 33* 83* 93* 123* 123* 3 63* May 1 May 17 9 May 5 113* May 13 May 5 May 17 May 28 7 3 3 10 123* May 4 123* May 7 xGH Apr. 29 23* Jan. 7 9 May 5 83* Jan. 27 83* 53* 103* 143* 113* May 17 17 May 4 19 Jan. 98 Mar. Feb. 4 Jan. 22 Feb. 5 Feb. 16 Malting Common........... 100 Gamewell Co $6 10 183* 183* 123* 113* 17 173* 18 y 12 113* May 17 17 May 4 Sale May 25 IS Jan. 75 conv "~3'"~~33* "33* May "6 Sale 4 33* 3* "May 12 3 203* May 26 17 3* May 18 213* May 28 193* May 20 893* May 4 '32 May 13 13* May May 4 903* May 4 3* May '."1 16 Jan. 8 20 4 4 143* Jan, 63* Feb. General Elec Co of Great Brit V 6,500 American dep receipts £1 48,200 Gen Fireproofing com.....* 300 3,500 ■'! ' ■ 900 V 400 1,400 m m m m " 120 800 7,000 500 12,800 210 201,000 2,300 32,400 1,500 1,170 17,500 44,700 4,100 189,800 1,730 16 conv pref ser B Gen Investment Co $6 Preferred.. 233* 203* 20 203* 203* 183* 20 183* 21 193* Apr. 24 173* May 18 56 ......* 13* Sale 1 com _....* .... 100 83 Warrants....... General Rayon A stock....* General Telephone Corp...20 S3 conv preferred.._..._..* Gen Tire 8c Rubber com...25 6% preferred A 1,100 Warrants 6,000 Georgia Power $6 pre _.....* 24,635 Gilbert (AC) Co com ..._• 2,370 Preferred * 300 100 Gladding McBean & Co 570 40 $7 preferred 73 13* 213* 503* 193* 13* 223* 523* Sale 1,900 100 2 18 183* 49 51 323* Sale 13* 13* 163* 13* 17 49 283* Sale 243* 102 103* "103* 37]* 35 3* 93* 41 103* 44 13* 163* 49 483* 113* 103* 41 Sale 103* "113* 37 3* 3* 753* Sale 93* 11 39 42 103* May May May May May May May 18 753* May 6 May May 5 3 13 18 493* May 11 14 323* May 1 26 15 2 17 107 25 May 21 113* May 12 35 23 Feb. 11 233* Feb. 13 "~3i May"25 "~U May""6 75 May 13 93* May 25 393* May 19 763* May 103* May 6 May 1 41 3 S3 preferred ..* - Jan. 643* Jan. 29 13* Mar. 8 , 13* Feb. Jan. 83 107 '32 May 893* Apr. 73 May 13* Jan. 163* May Mat. 183* Jan. 49 100 - Feb. Jan. Jan. Feb. Feb. Feb. Jan. Mar. 23 % 963* 1003* 33* 223* 513* 383* Feb. 25 LOO Jan. 18 8 8 16 19 6 18 113* 363* J* 953* Apr. 15 Apr. 26 Apr. 23 Jan. 6 16 103* May 363* Apt. 3* Apr. 75 May 83* Jan. 393* May Feb. 453* Feb. 18 2 28 13] 40] 29 May 6 113i May 22 42 40 May 24 443* May 7 29 273* May 21 313* May 6 100 May 24 101 May 19 Sale i % May 4 % May 4 53* May 18 63* May 6 May 17 37 383* 36 May 13 14 113* Sale 433* 43 Sale Sale 40 11 113* Sale Sale 30 27 .__* 295,400 Goldfleld Consol Mines.. .1 12,900 Gorham Inc class A com ..* 4,900 1,000 3* *32 * 91,500 Glen Alden Coal Co..___._.* 15,870 Godchaux Sugars class A...* 55,910 Class B 9,000 1 650 2,000 Sale 100 '300 900 90 3* 3* Sale 600 Gen Water Gas & Elec com..l 100 S3 preferred * 1,400 '86 Gen Outdoor Adv 6% pref. 100 General Pub Serv 16 pref * 300 P 19H . "ejoo '? 23 Gen Gas & Elec— ' 63* 53* 53* 333* Sale • 36 Feb. 28 11 15 40 May May Feb. Jan. 51 Feb. 26 26 Apr. 4 12 393* Feb. 19 Feb. 5 3* Feb. 25 73* Jan. 15 38 Apr. 12 Mar. J* Jan. 53* Feb. 333* Jan. 107 100 Gorham Mfg Co— 21,200 318,800 25,825 28,800 2,400 8,760 10,750 98,300 2,500 12,600 1,100 7,100 / 825 2,520 950 5,500 V t c agreement extended.* Grand National Films Inc._l Grand Rapids Varnish Corp * 263* Sale 33* Sale 133* Sale Gray Tel Pay Station 20 com.. 10 26 Sale 23* Sale 143* 15 203* common stock * Great Northern Paper Co. .25 Greenfield Tap 8c Die com..* 1143* Sale 373* 383* 93* Sale 1013* 42 143* Sale IH May 13 143* 1203* 853* 373* Sale Sale 41 233* May 23* May Sale 124 Gt Atl 8c Pac Tea 1st pref. 100 Non-voting 243* Sale 23* Sale 133* 183* Sale 42 Sale 13 May May May May May 263* May 7 May 3 May 6 May 20 May 28 102 May 1 May 5 42 153* May, 7 xT- 213* Mar. 25 273* 43* 23* Mar. 29 18J* 123* Jan. 2 223* 143* May 11 1203* May 19 128 853* May 28 1173* 373* May 14 47 83* Jan. -: 6 163* - Jan. 4 Jan. Jan. Jan. 20 28 5 Feb. 5 Jan. 14 Apr. 6 Apr. 23 Grocery Stores Prod- 30,400 New common.. 25c 19,700 Guardian Investors common 1 248,100 Gulf Oil Corp 25 2,400 600 23,700 225 Gulf States Utll $6 pref * S5.50 preferred 225 ..* 325 Gypsum Lime & Alabastine.* 25 w. ------ 46,300 Hall (C M) Lamp Co......_.* 4,000 Haloid Co ..5 2,100 'ik-'• ;.Vf "V-/.A' ,;V';'S 400 25 . 400 16,700 1,100 : 100 600 450 900 Hat Corp of Am cl B com .1 Haseltlne Corp • Hearn Dept Stores common.5 6% preferred 50 Hecla Mining Co 25c Helena Rubenstein Inc new.* Class A * Heller (W E) & Co common..2 7% cum pref ww 400 400 ' V, 5,000 600 100 Hoe (R) & Co class A Holllnger Consol G M 425 40 720 25,500 8,700 272,100 107,700 5,800 13,038 5,920 900 500 5 Holophane Co Inc common.* Holt (H) 8c Co class A.......* 5% preferred 53* 203* 683* 13* 3 143* 153* ,16 43* 163* 43* 20- 54"" "58"" 663* 13* 23* 14 23* 2 153* 153* 48 "193* Sale 50 17 Sale 11 9 9 103* 8 10 8 7 "393* ~42" 40 Sale 28'" ~30" 133* 203* 83* 14 Sale 10 103* 153* 14]* 473* 173* 73* 83* 6 23* Sale 12 Sale 143* 50 Sale 73* 93* 8 * 153* Sale 403* 413* 27"" "28" 113* 113* '243* Sale' 8 93i * Humble Oil & Refining » Hussman-Llgonler Co * tHuyler's of Del 1 com 6,500 7,500 6,500 6,500 Illinois Iowa Power Co.....* Preferred 7,500 50 Certificates of deposit. 6,500 300 ' For footnotes see page 53. . _ 53* May % May 57 3* May 90 May 4 4 4 513* May 14 13* Jan. 633* Jan. 12 25 6 90 8 95 Jan. 26 6 4 90 Feb. 9 43* May 19 53* May 4 43* Jan. 3* Apr. Apr. 873* Feb. 143* Jan. 4 9 43* May 19 173* Apr. 12 6 Jan. 25 173* Apr. 5 73* Jan. 25 ""73* "93* 56 May 23* May 2 May 113* May 153* May 14 May 46 May 163* May 7 May 10 May 63* May 24 May 153* May 40 May 42 May 28 May 11 May 22 May 8 May 56 23* 23* 12 163* 153* 48 173* 10 2 Yi 413* a433* 29 ®12 243* 8 May May May May May May May May May May May May May May May May May May May 7 28 May 27 Jan. 103* Jan. 70 22 Jan. _ 26 22 5 4 4 7 22 13 13 5 3 1 26 May 113* May 153* Jan. 14 May 46 May 15H Apr. 7 Mar. 93* Apr. 63* May 23 / Mar. 153* May Jan. IVA Jan. Apr. uH Apr. 19 8 Jan. Apr. Jan. 20 323* Sale 78 Sale 303* 773* 20 13* Sale 79 30 21 20 783* 13* Sale Sale 21 73* 4 9 43* 353* May 1063* May 273* May 75 20 13* 'I 1 163* 100 — 2,900 17 : May 3 May 13 513* May 14 90 May 6 163* 100 Hud Bay Mln 8c Smelt 500 — 14 10 43* 3I Salt* Jan. 23 10 7% preferred stamped 100 7% pref unstamped....100 2,300 Hydro-Elec Secur com......* 35,600 Hygrade Food Prod 5 5,450 Hygrade Sylvanla Corp * 450 '' mm t* 63* 243* 56 150 Horder's Inc ...» 250 Hormel (Geo A) & Co com...* 6,555 Horn 8c Hardart com... • A''.. I;, 53* 143* 53* Sale % 25 900 Hewitt Rubber Corp com...5 Heyden Chemical Co 10 Hires (Chas E) class A com * 9,000 2,900 4,200 59,000 14,400 2,000 1,000 13 53* 5 563* Sale 8s 450 Hartford Electric Light 25 Hartman Tobacco common .10 Harvard Brewing Co __1 30,800 45,900 20,300 15,500 26,900 4,400 363,900 13,400 3,800 2,100 4,750 2,300 3,600 1,300 1,900 2,800 ; Handley Page Ltd— Am dep rets part pref 43* Sale 3* Sale 583* Sale 20 lt$ May May May May 373* May 1073* May 323* May 24 79J* May 24 May 7 13* May 12 193* May 7 20 9 43* 16 83* May 33* May May 93* May 43* May 48 73* 73* 303* Sale 11 Sale 17 1 Jan. Jan. 33* Apr. 10 4 Jan. 19 15 Feb. 11 183* Feb. 15 173* Feb. 23 52 Feb. 50 73* May 26 283* May 18 93* May 13 113* May 333* May 133* May May 12 42 Feb. 23 87 Feb. Mar. Feb. 23 2 4 16 May May 273* Feb. Feb. 26 83* May 33* May 453* Jan. 73* May 26 283* May 18 93* May 13 23 253* Mar. 11 9J* Apr. 20 11 Apr. 5 103* Jan. 6 283* Jan. 11 163* May 22 423* Apr. 17 c433* May 13 35 Apr. 13 153* Jan. 28 333* Jan. 29 113* Feb. 18 193* Jan. 28 223* Mar. 10 413* Jan. 7 L12 Jan. 25 24 20 33* Apr. 353* May 105 Apr. 27 Apr. 75 May 24 13 9 4 6 2 Apr. 3 Feb. 20 53* Jan. 21 533* Mar. 6 113* May 33 3* May 133* May 3 3 4 June, 1937] AGGREGATE SALES In May Shares 850 50 300 i Highest Lowest Highest Sale Prices Sale Prices Sale Prices 583* May 5934 May May 20 595* May 5934 May May 28 21" Sale 211 Sale 22 x20 54 Sale 10 1454 365* 1054 Indiana Serr Corp 6% pfd 100 590 7% preferred .......100 625 Ind'polls P A L 6H % pf ..100 915* 95 9,800 6,900 41,100 1,010 330 70 275 if Lowest Sale Prices Ask z213* Sale 145* 1454 145 375* 3754 385; 12 1154 Sale 9,900 > ; 1,400 1,100 O May 28 Ask Bid 582* Sale 5954 Sale 32 Sale Bid Registered ....* 202* Imperial Tobacco Co of Can 6 Imp Tob of Gt Brit 3c Irel..£l . Indiana Pipe Line 21H 32 91 93 934 May 27 2054 May 13 2134 May 17 91 221 22 May 20 May May 3 Jan. 4 Apr. 28 Jan. May 20 3834 May 12 May 2534 May 26 May 28 19 13 27 14 934 May 27 2034 Apr. 29 2054 Apr. 29 14 *38"" May*27 1134 May 20 May 25 May 915* May 52 53 28 60 * 1,000 Am dep rets ord reg £1 149,700 Imperial Oil (Canada)......* 1.900 , Ask Sale 100 Illuminating Shares Co A * Imperial Chem Indus Ltd— 16,700 0 May 1 1937 Z jr Bid 53 • 6% preferred...........100 6,000 2,700 Illinois Zinc Co '■ / RANGE SINCE JAN. I Price Jan. 2 STOCKS (ContinueJ 95,900 (lllnoia P & L $5 pr«f 1,750 45 PRICES IN MAY NEW YORK CURB EXCHANGE Since Jan. 1 Shares . CUEB EXCHANGE YOKK NEW 19 10 Jan. 8 7354 Feb. 17 7234 Mar. Apr. 30 6234 Jan. 30 954 Mar. 243* Mar. 2 2 Mar. 2 15 Mar. 8 443* Jan. 7 15 Mar. 17 24 363* Mar. 17 75* Jan. 2 20 Jan. May 19 36 24 Apr. 23 3934 Jan. 915* May 27 .05 Jan. 10 26 933* May 12 2 32 20 16 4 Indian Terr 1 llum Oil Co— 200 7,600 9,900 1,100 40C |» 4,700 850 1,300 8,900 2,000 : ; ; ;v ; 275 200 56,300 2,000 300 ■ Internet Folding Sc. Invest.* Internat Products con.,,...* 800 6% preferred ......100 2,000 International Radio Corp—1 6,000 Internat Safety Rasor cl B.* 12,900 Internat Util class A.......* 202,000 Class B 1 V 8,900 Old warrants.... 21,000 New warrants m m - * Internet Cigar Machinery..* Int Hydro-Elec 13.50 pref. .50 "A" stock pur warrants 74 X Sale 25 26 X 2 2% 32 H Sale Sale 34 ...... 1.900 * 19,150 62,800 82,200 19,400 2,625 Internat Metal Indus A.....* 181,800 Internat Petroleum com..—* 2,700 Registered * 19,900 > Non-voting class A.......* Class B stock..........—* 8,500 Industrial Finance ▼ t c 1 3,700 7% preferred...........100 31,550 Insur Co of North Atner 10 200 354 354 354 Sale IH 154 '~7H "7H 6654 Sale 23 , 254 800 66.600 International , 5,200 12,800 5,940 84,100 14,500 23.400 69,100 1,200 17,800 300 600 3,200 1,400 900 275 330 100 600 Interstate Hosiery Mills Interstate Power 17 pref * • v 2,900 254 Sale 54 Sale 35 342£ 355* Sale 1454 Sale 1516H 1H Sale 54 54 1 1654 19 IX 1921 23* Sale 17 15* Sale k £ "OH ""62* 35 H 34 19 H Sale % Irving Air Chute com.... ..1 Sale 24 X 24 16" Italian Superpower cl A 22 3454 3554 654 Sale IH 1 Investors Royalty Go .....1 Iron Fireman Mfg com v t c. 10 5; 371 13 213* 1134 1 * 54 Sale" "T" "53* 385* Sale 37 3754 934 Sale 2l|1 21^ 13M Sale 1134 54 21* Sale 154 Warrants................. 203.300 Jacobs (F L) Co 1 41,300 Jeannette Glass Co * Jersey Central Pow 3c Lt Co— 2,185 5H% preferred........100 1,200 6% preferred .100 1,370 7% preferred .....100 35,300 Jonas A Naumburg Corp.2.50 41.600 Jones A Laughlln com....100 200 Julian A Kokenge com.....* 9,700 2,000 V Vitamin.....1 20 25* 305* 353* Sale .... 1,400 3,800 r 254 Sale 28 ■ 1,100 12,900 23* 254 234 Sale 1 154 14 H Sale 10 Sale 155* Sale 85* 9 16 Sale Sale 7 254 May 26 234 May 28 134 May 20 12 May 18 6434 May 17 23 i- May 5 May 17 May 15 May 21 May 25 May \ 1 355* May 10 63* May 13 13 34 May 365* May 27 3634 May 17 7 May 1434 May 18 54 May 20 16 May 3 154 May 3 Mb May 6 f Mb May 24 5 May 18 37 May 25 9 May 24 %. May 4 203* May 18 1134 May 13 54 May 25 Mi May 5 1534 May 1 May 1834 May 23* May % May % May 554 May 383* May 13 May 54 May 22 May 13 May 134 May 34, May 143* May 18 7 May 18 1654 May 6 854 May 10 77 92 93 H 100 98 72* Sale Sale 92 X 84" Sale 97 813* 8434 94 915* 945* 534 634 554 554 10254 105 100 103 May 8234 May 93 May 55* May 95 May 254 May 14 334 May 1 13* May 20 14 May 69 May _ 233* May 14 25* May 25 32 54 May % May • 13 _ 24 8034 26 86 20 93 13 634 14 109 454 Jan. 17 25 22 1 6 3 24 3 454 Jan. 434 Feb. 11 5 May May May 20 May 10 May 5 , Jan. 3 28 03 Mar. 31 1534 154 213* 33* May 17 34 54 734 3434 Jan. . 1 254 Jan. 29 183* Mar. 19 3934 Mar. 3 38 Mar. 1 83* Apr. 19 May 9 2 44 * May 4234 2434 May lit 2034 1134 54 34b 13 7454 Jan. 6 285* Feb. 15 335* Jan. 343* Apr. 6 Feb. 100 Jan. 1434 May 54 May 16 May 154 Apr. 34b Jan. H Jan. 5 14 254 Feb. 22 34 Feb. 34 Jan. „ :>r •' 254 May 234 May 134 May 12 May 6434 Mar. 23 May 234 Apr. 253* Apr. % 273* 1854 23* 3* Jan. Apr. May Jan. Jan. 1354 Jan. 28 7 May 18 Feb. 26 Feb. 11 Feb. 11 Jan. 27 Feb. 13 Mar. 2 Mar. 8 Jan. 13 Jan. 29 Feb. 11 Jan. 11 Feb. 1 Jan. 30 183* Feb. 14 Jan. 77 May 24 89 8234 May 26 965* 93 May 20 100 55* May 13 934 9054 Jan. 5 1263* 253* Apr. 2 30 'I Jan. 6 Jan. 7 Jan. 7 Jan. 23 Mar. 9 Jan. 8 t Kansas City Pub Serr— • 20,300 Common 13,100 Class 220 Kansas " "20 : "2T2OO _...._* v t c A pref v t c ..... C A E 7% pref 100 29,300 Ken Rad Tube A Lamp cl a.* 10 Kimberly-Clark pref......100 v 8,100 Kingsbury Breweries 200 1115* May 5 113 May 12 10 Keith (GeoE) Co 7% pref.100 1 com Kings County Lighting 7% preferred series B...100 220 5% preferred series D...100 278.000 Kingston Products.........! 174,700 Kir by Petroleum .....1 21 % Sale "2H "~2H 1934 21 2034 215* "23* ""234 19 May 15 "2234_May"24 23* May 19 23* May 19 3* Apr. 234 Apr. 1115* May 9 54 Jan. 21 454 Jan. 28 5 1145* Jan. 4 52 Mar. 17 52 Mar. 17 19 Jan. 9 2834 Feb. 25 10534 Mar. 1 10534 Mar. 1 23* Jan. 6 334 Jan. 22 7 ' ' ; 570 50 60 15,300 11.400 26,500 2,000 6.100 :.v; 8.600 700 1.400 ; 200 300 700 • 200 Klrkland Lake G M Ltd 300 1,400 Kobacher Stores Inc 98.800 1.300 47,000 36,600 •* m. mm -» Lake Shore Mines Ltd 1 270 Lane Bryant 7% pref 100 Langendorf Un Bak cl A....* 700 Class B 5,000 Lefcourt Realty com .....1 6,200 Preferred 298,700 Lehigh Coal A Nav * 887.300 Leonard Oil Development. JJ5 \ 2,575 Line Material Co..... 230.000 Lion Oil Refining..........* """266 m 100 157,300 Lakey Foundry A Machine. 1 7,700 f 50 — 25,000 1,800 16,700 Lit Brothers com....... * 175 Loblaw Groceterias A.......* 125 B stock "2"800 92",300 3,925 400 20 H 11 12 20 12 11 105* 12 H Sale 6% Sale 1254 x534 Sale 734 Sale 13* 134 1734 19 11 1134 105* 1234 Sale 25 10854 Sale 1154 Sale 108 503* Sale «§* ,554 96 32* 4 17 18 10 2* Sale Mb Sale 100 234 3 153* 1534 83* Sale 13* Sale 162* Sale' OH Sale "2254 Sale 5 1354 14 1034 Sale 153* Sale 1254 Sale Sale 115* Sale 43* Sale 793* Sale 71 Sale 14 "i"66o 25,700 Lucky Tiger Comblnatlon.10 ^ Sale a?* 75 Louisiana Pr A Lt $6 pref..* 150 Ludlow Valve Mfg Co 30 Sale 113* 155* 1154 165* 53* 534 4934 Sale 554 5 54 105 99 23* 25* 1334 143* 85* Sale 154 Sale 74 13 11 13 13 3 27 5 3 14 53 May 10 May 4 554 May 3 73* May 25 May 1 May 11 May 14 May 8 May 1 May 28 109 May 15 1154 May 25 1134 May 1 May 7 153* May 13 17 108 4854 May 28 5354 May 10 6 May 24 454 May 13 100 May 20 100 May 20 " 234 May 18 1334 May 17 75* May 6 1 May 13 23* 153* 95* 154 May 24 May 6 May 21 May 1 263* May"27 554 May 7 24 May 28 2634 Sale' 454 Sale 24 Sale 205* May 14 43* May 18 23 May 5 1434 Sale 12 Sale 11 Sale 35* 4 7934 81 67 675* 4 434 142*~May~l3 1554 May" "3 4 434 123* Sale "l% ""l 2* "~13* Sale "39" 403* Sale Sale 12 13* 134 * ....5 com.... 3,000 64,500 Majestic Radio A Tel Corp..l 700 18,800 Mangel Stores Corp com....! $5 conv preferred 1,030 .* 100 Manischewltz (The B) Co 2,100 Mapes Cons Mfg Co """266 48 23 58 57 78 90 44 May May May May May 17 M May 11 May 1054 May 22 May 762* Sale 4% preferred series B..100 10,900 Lynch Corp 57 534 Sale 554 654 154 Sale 1854 20 14 2* 36.000 Loudon Packing Co com....* 198,100 Louisiana Land A Ezpl com.l 150 72 22 2* 1,900 23,800 1,500 68 70 46 434 53* % 175* 102* 105* 1054 215* May 13 May 11 May 13 Jan. 6 Feb. 23 May 27 Jan. 14 Jan. 3 May 4 Feb. 8834 Mar. 106 Jan. 12 11134 Feb. 1154 Apr. 5 1254 Jan. 153* May 13 2134 Jan. 7034 475* 45* 975* Apr. 30 7834 Apr. 29 5934 May 13 934 Apr. 26 110 334 234 13 34 z75* % 2634 1634 43* Jan. Apr. 9 Jan. 2 May 18 135* 234 3034 265* 7 23 Mar. 22 24 22 May 18 May 17 Apr. 28 Jan. 2 May May May May 65 May 354 May 1154 May 1154 1054 334 783* 4H Sale 334 May 13 '46"" "4134 393* May Sale 35* 8H 8H 82 Sale 8 13 15 14 '"134 May" 14 5 37 H 18 13 19 10 8 3 May 18 73* May 14 May 11 60 1254 May 10 May 3 43* May 1 825* May 7 71 May A 1 43* May 3 12J4 May 10 13 154 May 27 63* May 13 4154 May 18 *334 May 3 734 May 10 May 4 63 * • 2l" '232* 22 24 25 22 23" 5 zl33* 95* 1054 334 20 Jan. Jan. Apr. 19 16 10 Feb. 9 Mar. 29 Mar. 2 May 28 28 20 16 14 16 25 9 Feb. Jan. 16 May 13 Jan. 18 20 23 554 Feb. 18 1034 Jan. 23 11 82 29 1534 Apr. 29 255* May 5 5 2734 May 13 May 3 May 113* May 23 May 20 29 May 10 17 Jan. 13 3 163* May ! 4 13 May 13 Marconi Internat Marine— Jan. Jan. Feb. Jan. May 255* May 13 Jan. Apr. May 73* Mar. May 1534 Apr. 2034 Apr. Feb. Mar. 6 Jan. 18 \y* May Apr. 3 6 Feb. 26 Mar. 4 Feb. 2 Jan. Feb. Jan. Jan. 5 60 9 8 534 Jan. 26 45* Jan. 22 May 76 Apr. 65 May 334 May 1154 May 95 Apr. 38 1 653* Feb. 10 854 Feb. 9 85* Jan. 23 154 Apr. 2 21 Feb. 19 1334 Jan. 20 173* Jan. 18 25 Feb. 6 ...._* Locke Steel Chain Co Lockheed Air Corp 316,000 1 122,800 Lone Star Gas .* 164.000 Long Island Light com.....* 4.760 7% preferred ..100 16,800 20,600 7,000 680 a5A Sale ' * com 180 Lackawanna RR N J 23",700 52* 1 74 53 Sale 62* Klein (D Emil) Co common * Kleinert (I B) Rubber.....10 Knott Corp com ..1 Koppers Company— 6,000 0% preferred...... ...100 3,100 Kress (S H) A Co spec pf..l0 26,400 Kreuger Brewing Co.. ..J 700 72 12 Jan. 2 • """500 3,700 Communication Am dep ret 16,000 Margay Oil ...» 26,500 Marion Steam Shovel com..* 1 18,600 Mass Util Associates ▼ t c ■ 3,000 3,000 7,300 2,400 153,600 Massey Harris Co , 21,600 200 2,200 ;; 425 ; ■ Mead Johnson A Co com * 7% preferred... 23",500 150 7,800 600 V 3H Sale 2!* sS* ^ X36H 834 93* 28 133* Sale 27 3 I 334 133* Sale 2354 Sale 24 13 Sale 5534 185* 55 57 1254 854 Mar. 22 55 13 18 May 21 3 34 May 13 5* May 24 May 7 3 3 5534 May 11 Partic pref 480 350 56 preferred 25,200 FurfootuotgBsee page 63* 33 H 116 654 34 1215* 654 '4l" "45"" 8 57 29 9 Sale 26 115 Sale 114 55* Sale 5 85* Sale 7 23 1155* 112 53* 454 72 "49" 47 44*"" "45"" 44 105 "654 ""654 ..._* etal Textile Corp com....* Part preferred ...* Metropolitan Edison Co— 3 ; "654 Sale" 64 53* Sale 2734 Sale 634 65* "534 ""554 ""65* Sale 53* 27 34 554 52 May May May May May May May May May May May '"85* May"26 2954 May 3 L1534 May 11 6 May 4 72 May 22 47 May 10 L05 May 7 53* May 1 2734 May 1 734 May 25 5654 May 7 7 Apr. 16 83* Jan. 1834 Jan. 55 30 30 Jan. 95 105* Sale 160 6,100 Merchants A Mfrs class A...1 134,000 Merritt Chapman A Scott...* % 5,200 6^% A pref 100 Common stock pur warr'ts. 1,200 925,700 Mssabl Iron ...1 4,800 175 2"66O • Mercantile Stores Co. mm *4 a**.1* 200 ~ ... McCord Radiator A Mfg B..* McWilliams Dredging com..* Memphis Nat Gas com ......5 50 Memphis P A L $7 pref...... * 200 80 1854 9H 18 Sale McColl-Frontenac6% pref 100 25 50 1 21,900 725 600 3K 9 , 75 36,100 125,700 5,175 33,000 7,400 17 common..* Master Electric Go May Hosiery Mills— 950 54 preferred w w "2",500 9H 152* Mar. 7 23 May May 10134 Jan. 454 May 72 May 39 Jan. 1043* 53* 2734 554 52 Feb. Apr. 10 "55* Sale" 4 334 25* 354 % May 13 3 May 4 32 May 20 """%May"! 33* May 7 37 May 7 5534 May 11 9834 Mar. 16 1434 Feb. 4434 Feb. L21 7 * 3 54 Sale 2H ""23412"" Sale" ""2""May" 28 254 May 3 2 7 May May May 8 Mar. 2 Jan. 13 Jan. 28 Feb. 11 -Jan. 25 Feb. 25 Jan. 26 Feb. 16 Jan. Mar. 12 106 May 28 8 Jan. Apr. 17 535* Mar. 11 L0534 Feb. 18 25* Apr. 103 5 9 Mar„ 73 5*6 Jan. 32 18 33* Jan. 13 163* Mar. 17 2534 Apr. 5 34 Jan. % Sale* Jan. 3334 Mar. 10 2234 Mar. 11 Jan. 29 43* Jan. 12 NEW TORE CURB EXCHANGE In Since May Price Jan. 2 Jan. 1 STOCKS (Continued) Bid 3 1,700 7,200 169* *19* 69* Sale 129* Sale 1 Sale 69* 79* ih 79* 69* 5 Sale Sale Class B vot trust ctfs.....* 8 3.350 $2 conv 9 * pref 79* Sale 9 Midland Steel Product— 4,900 3,720 36,500 21,300 73,900 4,950 300 $2 non-cum div Midvale Co * shares iv* • 50c Mid-West Oil Co 10 Mining Corp of Can....... Minnesota Min fic MfgCo— 50 Minnesota P 8c l 7% pref.100 770 Miss River Power pref 100 22,610 Mock Judson Voehringer2.50 208,800 Molybdenum Corp 1 225 900 8,200 3,000 800 30 290 800 12,600 800 Monarch Mach Tool Co 800 7l Mid-West Abrastre Co com. "M "l"l70 1,050 125 75 275 Moore Corp Ltd 40 7% A pref "4",300 200 7,800 7,300 429* "139* Sale" 99* 99* 39* 4 16 189* 1529* Sale 8* 176H ........ 100 Distillery Co 1 700 Mtge Bank of Col Am Shs 7,800 Mountain City Copper Co__5c 98,100 Mountain Producers Corp. 10 48,600 Sale Moore (Tom) Sale 45 "69* 69* Sale 230 Mountain Sts Tel fit Tel..100 80 9,200 Murray Ohio Mfg Co 1,900 1,700 37,500 21,800 12,200 366,600 7,620 100 14,400 400 2,900 24,900 1,050 ... Nachman Springfilled Natcon Corp """166 10,300 700 1,700 32 349* 69* 8 2J4 Sale 499* 529* * 1 ...1 Nat Bellas Hess com Nat'I Bond & Share Corp...* 89* May 24 May 39* May Sale Sale 39* Sale 9,900 13,000 3,200 17 9* 18 639* 679* 19* Sale 8 9* 9 34 9* Sale National Gypsum class A 5 National Leather Co com..10 Nat Manufacture fic Stores..* National Oil Products ...4 10 Jan. May 21 24 Mar. Jan. 90 7 24 28 12 6 15 May May Apr. May May 31,000 1,300 19,300 155,400 50 7,300 3,900 2,400 National Sugar Refg National Tea Co 59*% National Transit 2 539* 189* May 21 17 21 12 May 289* May 11 May 19* May 539* May 129* Sale 129* Sale 329* 339* 109* 12 33 139* 19* Sale 559* 56 30 , 13 Sale 54 52 '"19* 79* 389* Sale 89* 409* 79* 409* 89* 43 Sale "139* Mar. 23 189* May 139* May 4 13 14 13 13 13 '"4"" Sale 459* 49 Sale 269* x25 109* 119* 29* Sale 119* Sale 29* Sale Mar. 25 1,600 24 24,800 Nehi Corp com .......... 1st preferred 230 * 1,675 Neisner Bros 7% conv pref 100 14,900 Nelson (Herman) Corp .....5 ...* 12,000 Neptune Meter class A. * 5,600 Nestle Le Mur Co class A 21 500 1,100 , 500 I,840 Nevada Calif Elec 300 com. 37 139* 169* 2 ...100 50 149* 17 Sale Apr. 18 4 11 5 289* 69* 1 J* 519* 109* 159* 64 h 9* 79* 339* Sale Sale 49 559* Sale 519* 12 149* 13 14 139* 19* 16 139* 19* 159* 19* 1 900 64,900 New Jersey Zinc 9,000 2,900 5,400 500 800 575 1,700 > 190 49* 59* 59* 6 Jan. Jan. Jan. Jan. i Feb. 11 14 Jan. Feb. 16 May 24 14 28 13 12 3 7 Mar. Feb. Jan. 11 Apr. 19S 22 Sale 25 "49* Sale" 130 259* 59* Sale iv* 80 109 31 28 6 39* 9 299* "309* 239* 299* 139* iv* 79 Sale 29* Sale Sale 35 Sale Sale 29* 29* 1059* 107 309* 35 39* :1h 30 14 11 29 13 xiv> Sale 139* 108 7% preferred .....100 Shipbuilding Co Sale 7 Mar. 15 579* Jan. 11 28 Jan. 5 7 99 Jan. 12 28 2 May 10 Feb. ! Jan. 5 Jan. 27 19* ;9* :9* 9* Jan. May Apr. Apr. 5 Jan. 7 Feb. 25 Mar. 18 19* May 19 112 26 16 Apr. 39 15 59 809* 14 116 13 199* 15 199* 29* 29 Apr. Jan. 14 >9* Apr. 22 239* 899* 9* Apr. 69* :9* Jan. May 18 35 i May 17 88 ► May 6 1409* I Jan. 14 309* >9* May 18 949* 5 !9* Apr. 28 !9* Apr. 29 8% May 6 8 May 29* 29* 29* 19* 1 4 6 , 09* 49* 09* 09* 1 May 18 7 May 17 May 3 May 10 May 1 May 6 May 10 May 24 May 1 Mar. 16 Jan. 12 15 t 7 Jan. Apr. 29 May 3 Jan. Apr. 16 Mar. Mar. Mar. Feb. 6 8 4 13 Mar. 10 Jan. 5 Mar. 10 Feb. 34 59* May 10 May 18 May 10 May 3 May 10 9 Feb. 10 Jan. 21 lMH Apr. 7 Jan. 5 18* Mar. 31 25 ► 8 Mar. r May 18 May 17 May 6 09* May 28 69* May 18 29* May 19 4 May 22 1 May 10 39* May 20 4 May 3 89* May 10 39* May 24 8 May 18 18 May 15 6 2 4 18 Mar. 29 149* May 10 5 3 7 199* Jan. 25 899* Mar. 9 29* Jan. 1 139* Feb. 7 47 Feb. 10 12 19 21 9 109* May 28 11 13 28 11 , 26 Jan. 3 59 41 May 25 Jan. 31 30 44 9* Jan. 2 May 13 I 10 5 4 29 23 I 5 20 13 Mar. 11 . 4 25 1159* May 14 14 May 21 139* May 13 15 169* May 7 May 6 19* May 11 19* May 19 7 8 10 Jan. <28 5 13 22 14 Jan. 8 59* 700 N Y Pr & Lt 16 pref....... 900 240 119* 9* 9* 9* May 9* May 59* May 3 11 Feb. : 49* I 34,000 New Mexico Ac Aria Land 10 36,900 Newmont Mining Corp 3,700 New Process Co common.._.* 3,900 N Y Auction Co common.__* .1; 1,500 NYC Omnibus warrants 10 5,725 N Y « Hond Rosarlo M 0? 8,200 N Y Merchandise Co com__10 300 Jan. Mar. May Apr. May Jan. Feb. May May Jan. May Apr. Jan. 64 16 " May 129* May 199* Sale 27 Apr. May 18 789* May 5 14 May 15 May May May May May May May May 19 3 11 May 4 79* Feb. May 13 1559* Feb. Apr. 19 289* Jan. 2 20 Mar. Apr. Mar. 30 979* Mar. May 7 May 21 13 269* 8 25 28 12 2 15 13 24 1 19 19 111 13 56 11 11 Jan. "l9*May" 9 26 May 18 29* May 579* May 24 25 May May May 2 May 21 May \ 1 May 1099* May 50 May ... 20 44 44 Mar, 10 184 8 May 11 149* May 24 18 15 14 18 15 115 350 7% preferred ....100 5 5,000 New Bradford Oil.. ; 750 New England Pow Assn com. * 6% preferred 100 2,600 470 New Entfi Tel fic Tel Co... 100 24,700 New Haven Clock Co com...* 450 Sale Feb. Jan. Feb. Jan. Jan. Mar. Mar. 30 44 8 80 Nebraska Power 7% pref..100 """625 May 28 May 28 157 May 19 37 45 * com 60 a* May 18 May 25 329* May 10 May 14 May 13 May 9* May 39* May Sale Sale 49* 259* * 43 98 20 12 28 14 109* May 7 169* May 10 64 689* Sale 99* Sale 109* 109* 19* Sale 12.50 5 13 May 15 9* May" 13 8 May 27 379* May 18 """9* Sale 79 40 56 Mar. 13 Feb. 25 Jan. 7 Jan. 14 118 Feb. 3 169* Feb. 18 Apr. 6 29 Mar. 29 109* May / 159* May 28 159* Sale 159* Sale 27% Sale * pref. 10 25 4 41 "I(T Sale 9* Sale 39* 39* National Union Radio com__l 8,000 Navarro Oil Co... 6,500 Nebel (Oscar) Co 300 'l29* 5 2 Mar. 31 Jan. 20 . 75 88 9* Sale _.* 400 National Steel Car Ltd "¥,100 0 79* May 20 1379* May 28 1449* May 29 May 19 309* May May *32" *{'■*35"" 359* May 20 36 Sale 36 439* May 27 419* 449* 429* 449* 429* May 182 200 185 176 4 9* May 3 39* May 11 39* 4 49* 49* 4 9* May 49* May 3 3 May 20 119* May 18 13 1291 Sale 6 69* May 8 May 19 69* 691 69* Sale May 7 140 May 13 142 May 4 22 May 13 26 25"" Sale 239* Sale * _.* S6 preferred 15,100 2,400 National Refining common 25 .__* 195,250 Nat Rubber Mach com ...1 192,000 National Service Co Conv partic preferred....* 24,000 100 17 16 21 4 6 Nat Power fic Light— 2,600 2 Mar. 30 25 7% pref 100 National Candy Co com National Fuel Gas "li'ioo 13 Feb. Feb. 1379* Sale 17 18 9* 20 13 Sale Corp.* ..1 National Baking Co com 80,700 33,200 176,000 13,500 11,000 Jan. 7 100 Nat Automative Fibres A. 100 Nat Brewers May May May May May May May May May May May May 129* May "39* ~t% 26 8 * 150 Muskogee Co common 10 6% preferred v 369* 2i* Feb. 1 18 69* May 14 79* May 17 339* May 88 May 1149* May 139* 139* 99* Sale 39* Jan. 119* Mar. 4 189* Feb. 10 19* Jan. 14 49* May 19 1 May 18 May 80 May 3 May 10 May 2 9* May 349* Apr. 29 29* Jan. 14 Apr. 29 12 3 1 20 * 9,300 Monroe Loan Society cl A..* 1,000 Montana Dakota Utilities.. 10 5,100. Montgomery Ward 8c Co A:..* 7,200 Montreal Lt Ht fit Pow com..* 1,700 Moody's Investors Part pref.* 1,000 Sale 2 May 25 May 3 May 7 May 7 May 12 59* May 19* May 189* 22 819* 84 39* 39* 109* Sale 3 39* 24 Sale 29* 109* 139* 19* 69* 79* May 20 Sale 1 Midland Oil Corp— 200 Highest Sale Prices 49* May 19 1 May 18 49* 49* 59* 19* Sale 69* * Class A vot trust ctfs 59,100 48,700 3,400 5,900 Lowest Sale Prices 69* May 14 Middle States Petroleum— , Highest Sale Prices 2 May 17 89* May 28 129* May 5 1 May 28 Sale 29* Sale 99* Sale 13 Sale 79* .....10 Preferred.. 5,300 700 Sale Lowest Ask Ask Bid Sale 3 Pat 217,400 Michigan Bumper Corp 1 169,200 Michigan Gas fit Oil Corp—1 2.50 15,100 Mich Steel Tube Prod 77,100 Michigan Sugar com * Ask Sale Prices May 28 May 1 1937 Shares 20,900 7,200 range since jan. 1 prices in may sales aggregate Shares EXCHANGE CURB YORK NEW 46 4 , Apr. 28 159* Mar. 6 May 18 1059* Jan. 14 ! I r9* Apr. 13 1159* Mar. 31 N Y Founders shares....... 1 13,500 * 32,050 N Y Steam Corp com pref 100 13,670 N Y Teleo 5 2,600 New York Transit ; 100 2,835 N Y Water Serv 4% pref 264,900 Niagara Hud Pow com'new.10 5% 1st pref............100 9,375 5% 2d pref A 100 ?:•; 150 700 "5",800 .... ""'266 46,900 2,050 """125 125 "6",000 74,300 U 7,100 85,728 800 1,600 4,500 ;■ 275 "4",800 6,700 3,500 12,600 3,170 2,200 1,200 """266 800 970 T.766 5,300 700 1,000 1,400 1,525 375 2,980 380 40 Class B warrants Niagara Share Corp class B 5 Class A preferred ._* ..1 1 Prior preferred 9* Sale 19* 2 129* Sale lll9*"May""I 1119* 32 May 22 119* May 20 May 26 87 May" 14 42 May 4 139* May 8 89 May 10 May"I§ 78""~May"26 May 14 19* May 6 12 May 13 17 1119* 49* 32 11 9* 9* May 2 May 11 14 May 7 -.50 * Ser4% pref.. 7% preferred 119* 129* 44 z "/x 50 Sale ocllw 119* Sale 419* 429* 29* Sale 69* 7 339* 489* 39* 59* 9* 479* Sale 29* Sale 69* Sale 39* Sale 559* Sale 429* 4391 419* 429i Sale 369* 37 60 49* 6 49 29* 5b 5*« % 3 a* Sale 100 6,800 t Northern Tex El 6% pref .100 30,400 Northwest Engineering. 13,600 Novadel Agene Corp _ 8 37 289* Sale 35 1039* 105 109* Sale 89* Sale 36 22 299* 329* 31 339* Power 6% preferred.100 310 Ohio Pub Serv 7% 1st pref 100 6% 1st pref... .......100 1019* 103 1089* Sale Sale 31* 58 ..._....* Edison $6 preferred.. Oil 6% pref 100 900 75 5,900 2,600 Oilstocks Ltd common..... 59,400 Oklahoma Nat Gas com....15 preferred ..50 10,450 6% preferred 1,125 .....100 95,700 Oldetyme Distillers.........1 ... "'"300 9,100 Overseas Securities Co • Feb. Jan. Feb. Feb. Feb. 5 16 23 3 1 3 May 26 Feb. 2 Feb. 24 U2H 3 10 Sale 108 98 99 107 109 110 1079* 1079* 1099* Sale Sale Sale 13 ,129**14 139* Sale 11 319* Sale 25 "~55* Sale 98 4 Sale 11* 26 102 Sale 139* 14 139* Sale .4 29 1009* 104 39* Sale "89* "9 99* "89* "9" 16 98 Apr. 14 51 !& 28 Apr. 28 3 May 29* May 14 6 May 14 479* May 28 29* May 3 6J* May 3 39* May 569* May 46 May 459* May May 17 519* Apr. 28 7 359* Jan. 42 May 17 May 1 May 18 May 20 29* 59* 9* 789* 889* May May May 5 May 24 May 18 2 9* May 3 Jan. 23 39* Feb. 119* Jan. 3 79* Jan. 13 13 2 5 7 109* May'28 219* May 22 2 May 19 27 May 25 309* May 25 53 May 18 999* May 25 1069* May 10 110 May 1019* May 14 _ 59* May 25 SZ May 3 859* May 919* May May 109* May 18 29 89* May 17 5091 50 % Apr. 14 Apr. 14 7 50 Feb. 25 4 1 29* May 7 5 Apr. 4 9* Jan. 789* May 24 96 879* Apr. 30 103 104 Apr. 29 108 Jan. 30 12 21 Apr. 28 259* Jan. 13 309* May 25 2 8 63 May 27 1029* May 5 1099* May 26 111 May 10 103 May 10 139* May 13 9i May May 26 May 99 May 17 1009* May 49* May 39* May 17 13 Jan. 5 35 79* Jan. 20 219* May 22 129* May 26 May 29* May 299* May 339* May 77 Jan. 499* Jan. 54 42 100 Oliver United Filters B Foe footnote* see page 53, Mar. Feb. Feb. 9 May 3 29* May 14 6 May 14 40 200 13,400 1,900 8 Apr. 22 78 May 18 1 Feb. % May 14 40 52 100 100 Northern N Y Utll 7% pfd .100 19,200 Northern Pipe Line....... -10 66,520 Nor States Power com A. .100 87 93 76 Mar. May iv* 33 Mar. 1199* Apr. 59* Mar. 65 May 169* Apr. Apr. 261100 9' 94 Feb. 95 139* Sale 39* Sale lift Brass class B 99* May 10 May 19 98 65 35 North Cent Texas Oil... North European Oil com,., ...1 7,100 Ohio 1,925 Ohio II,900 Ohio 1,470 Ohio 1119* Sale 49* 49* 359* Sale 129* Sale 8 .100 Nor Amer Utll Sec com.. Norlnd Pub Sale 9 76 new.. 186,800 $6 preferred 19,970 63,700 North Amer Rayon d AClass B common 21,500 554,400 1,920 129* 79* ..100 Nor Amer Lt fit Pow com. 250 10 879* Sale new .... 470 8,900 6,600 8 329* 1119* Sale 49* 49 429* 44 ...100 Class A warrants 25,600 Niles-Bement-Pond com 87,700 Nlplssing Mines 55,000 Noma Elec Corp com 420 10,200 5% 2d preferred 5% 2d pref B 89* Sale 179* Sale 1159* 116 49* 59* 52 Sale 8 11 24 24 22 6 "~99*~May"4' Jan. Jan. Jan. . 23 Feb. _ / IVA 3?* 11 Jan. 22 May 6 Feb. 8 23 Feb. 10 359* Jan. 18 Jan. Mar. 3 67 4 439* Jan. May 25 110L Feb. 11 ». May 10 1119* Jan. 15 Jan. 4 Apr. 13 112 9 May 14 1119* Feb. Apr. 28 1049* Feb. 24 999* 1069* 1099* 1019* 929* May 1 Feb. 9 99* Apr, May 98 Apr. 39* May 10 Apr. 89* May 29 'Jan. 12 3 ,;Jan. 16 27 17 Feb. Jan. 9 13 28 Apr. 28 13 26 17 June, 1937] AGGREGATE May Shares 5,000 41,750 3,100 2,325 500 550 1,100 100 "9.000 80,400 1,100 50 y;r 1 1st prof..25 * 100 6io Patchogue Plymouth Mills. * 110 May 28 Ask Bid Bid 295* Sale 265* Sale 31X 28 5* SH% 1st preferred......25 2,500 Pender (D) Grocery cl A. 13,600 Class B._. 3,850 Peninsula Telep Co com. l 180 .100 7% preferred 3,425 Penn Mex Fuel common.. —.1 446,000 Pennroad Corp com Ttc —1 800 250 May 1 Ask Bid 6 85* Sale J5* 23 24 21 43J* 445* 435* Sale Sale in 1 i • 62,, Sale 60 28 65* 64 55* 6 205* 215* 415* Sale 63 Sale 65 85* Sale 45* 5 55* • 38 40 CO O i ■ 39 275* 30 75 600 600 $2.80 preferred........ 3,100 Pa Gas tc Else class A 1,080 Pa Pow 8c Lt $6 pref..... * 7,180 $7 preferred.. 3,475 Pennsylvania Salt Mfg Tso 2,200 Penn Traflc Co 2.50 12,000 Pa Water Ac Power....... 13,250 Pepperell Mfg Co........ 100 2,500 Perfect Circle com...... :v .... 875 100 1,200 1,750 250 500 13,100 Philadelphia Co com • 625 Phila Elec $5 dlv preferred..* 325 Phila El Pow 75 25 8% pref 25 20,800 Phillips Packing Co • 183,100 Phoenix Securities common. 1 7,300 Conv preferred A........10 57,300 Pierce Governor Co com... 13,1 Pines Wlnterfront Co 1 1,300 13,300 1,100 2,700 "8", 900 123,900 5,300 55,100 200 148,600 8,900 30,000 3,600 11,200 400 52,600 106,600 3,000 T, 400 1,090 4,800 1,000 800 < 65* Sale .. 230 ■ 295* May 14 30 265* May 10 265* May 18 105 68 May 21 70 5 May 18 65* 21 May 24 215* 38 May 11 435* T» 625* May 345* May 85* May 26 26 "55* "*45* ""*55* Sale 4 13 Sale 12 "If,§65 6,100 100 700 9,700 122,900 6,200 100 35* May 27 35* 795* Sale 132 325* 34 14 K 16 H 125* 145* 6 5* 205* 65* 38 5* Sale 3 35* 55* Sale Sale 115* 125* 105* Sale 365* 38 255* 265* 25* 35* 45* Sale 75* Sale Pittsburgh Forglngs Co * Pitts Ac Lake Erie RR 50 Pittsburgh Plate Glass com 25 Pleasant Valley Wine Co_._.l Plough, Inc .....* Pneumatic Scale Corp.....10 Potrero Sugar com 5 Powdrell Ac Alexander com..5 Sale 89 88 1256 igU 127 450 125* 995* 11 2 17 10 1,190 v 380 350 7,810 6,505 1,350 ioo . 40 250 600 100 40 390 300 20 285* 34] 43 29% 35 5* Sale 33 "25* "25* 750 1,900 : 6% 1st preferred 7% 1st preferred 21 25 34 34 2 "30" "315* Sale 28"^30*" 5* Sale May 25* May 42 May 28 May 5* Sale 5* 145* 125* Sale 135* 14 104 13 125* Sale 101 135* 105* 115* 1015* 103 103 108 100 ....100 Public Serv of Ind pr pref..* $6 preferred Sale May 3 May 26 May 4 May May May May May May 3 6 6% preferred.. 7% 11 11 21 14 5* May 28 5* May 13 May 95* May 11 May 99 May 24 35 May 3 May 6 25* May 1 42 May 21 315* May 3 5*i May 7 7 5* 13 145* 27 95* 24 125* 18 1025* 30 43 74 87 80 74 83 83 Sale 80 ; Sale 215* Sale 765* Sale 765* 80 310 < 6% preferred ........100 50 Sale 102 Sale May 1 108 43 May 28 505* 215* May 28 31 765* May 28 78 77 May 25 77 May May 102 305* Sale 485* Sale "85* ""85* 140 235* Sale 152 245* 10 105* "~95* "l55* 113 114 126 135 20 114 109 138 May May May 35,600 54,200 g,- Rainbow Luminous Prod A.* h Class B common..........* Rath Packing Co 10 200 1,300 200 700 22,700 400 4,100 6,500 28,725 Common ..._.....* 5,000 $3 conv pref..............* 26,000 Raytheon Mfg, com 50c 43,600 Red Bank OH Co • 32,500 Reed Roller Bit Co new .* 4,900 Reeves (Daniel) com........* 162,300 Relter Foster Oil Corp * ....... 4,200 Reliance El 8c Eng Co 150 24,400 69,700 25,900 95.100 '„r 600 """600 19", 100 800 3,500 10,400 300 4,900 100 1,600 900 6,900 50 Reybarn Co., Inc Reynolds Invest 18 175* 5* 15* Sale % 5* Rice Stix Dry Goods 1 ...... Co.....* Richmond Radiator com 1 Rochester G & E 6% pref. 100 142 Sale "'mi 88,700 Root Petroleum Co com..._l 2,500 $1.20 conv preferred.....20 28,400 Rossia Internet Corp ....._* 275 Royalite Oil Co Ltd * 11,350 Royal Typewriter com......* 3,900 Russeks Fifth Ave Inc. ..2.50 213,200 Rustless Iron 8c Steel Corp..l 50 $2.50 conv 675 3,600 10 2,300 400 600 15,200 80 105* Sale 335* 34 75* 75* 15* 295* 655* 225* 95* Schlff Co 600 New com __....* common 26,950 Scovllle Mfg Co May May May May May 8 965* May 6 1 103 May 22 24 27 27 13 18 15* May 24 375* May 5 755* May 4 24 May 25 105* May 5* May 151 5*6 May 7 600 500 14,600 16,800 400 Water Serv $6 pref.. Sale Sale Sale 65* 245* 55* 55* Sale 25* Sale 125* Sale 2 ■MA; 1 245* 55* Sale 95* 55* Sale "91"" "95"' "*8 May May Apr. Jan. Jan. May 235* 45* 15* 95* 5 a3W Sale !55* h 1075* Sale 25* 6 3 2 Sale 5 12 13 125* X Sale 102"" 108" 115* 13 ; Sale' Sale 14 "45* Sale' Sale "55* "55* 5 Sale 45* 5 40* 103 125* 135* 495* 55* 45* 126 fcs %. "95* Sale 5* 13* Sale* 345* Sale "95* Sale 85* 101 Sale Sale 55* Sale 4 37 395* 35* 37 "35* Sale 38 Sale" 425* Sale 535* 505* ;..* 40 25* Sale 65* Sale 25* May May May May May May 35* 47 Sale 75* Sale May 13 May 14 May 7 May 13 May 20 May May May May May May 18 3 20 25 27 14 May 5* May May May May May May 107 May May May May 371 May 26 May 44 May 545* May 13* 105* May May 85* May 100 May 55* May 58 May Sale May 25* 35* 495* Sale 25* Sale 75* 75* May 385* May 51 May 2 445 2 7 22 May May May May May May 8 14 Feb. May May 5* May 27 13 6 13 18 19 103 35* 495* 25* 85* 25 Feb. Mar. Jan. Jan. Jan. •' ?• ' :W M 10 !*:• 11 14 25 8 Feb. 15 Jan. 28 23 41 Mar. 3 98 Jan. 18 93 Feb. 4 1195* Mar. 5 1175* Apr. 8 685* Jan. Jan. 23 8 Jan. 28 45* Jan. 12 605* Jan. 15 905* Jan. 8 25 Apr. 6 145* Feb. 20 si 10 May 27 1245* Jan. sl255*Apr. 28 150 Jan. 175* May 13 255* Jan. 21 15 6 9 Feb. 24 5* May 13 WW-, 25 w w Jan. 285* Jan. 15* Jan. 2 Jan. Vs Feb. 4 s385* Mar. 15 7 5* May 10 5* 5* Jan. 11 17 245* Jan. Mar. 41 4 10 Jan, 55* May 5* Jan. Apr. 45* May 15* May 95* May 5 Apr. 98 May Apr, 19 23 Mar. Jan. Feb. Mar. Feb. Feb. 25* Jan. 7 55* May 14 May 7 5* Apr. 15 40 Apr. 15 12 90 Jan. 7 125* May 3 12 2 Jan. 495* May 25 4 Mar. 23 45* May 14 114 •8 8 Jan. 5 Apr. 20 Jan. 5 Jan. 18 Mar. 13 May 18 May 14 May 18 Apr. 3 May 6 23 May 26 385* May 13 51 May 26 365* 25* 445* 25* 6 22 20 3 Mar. 9 Feb. 1 Mar. 23 Mar. 3 Feb. 19 Jan. Jan. Jan. 33 1 26 30 105 109 20 22 18 May 12 May 6 May 28 May 7 May 4 May 7 Jan. /Feb. 13 5* 175* 115* 145* 15* May 24 295* May 27 655* May 27 27 45 9 95 May 8 103 Feb. 5 1005* Apr. 10 1065* Jan. 27 100 7 Mar. 31 45*/JanN 2 45 May May 215* May 765* May 77 May 7 6 28 7 Feb. 8 Mar. 13 Feb. 3 Apr. 21 Feb. 1 355* Feb. 13 % Jan. 25 i 28 28 13 Jan. 28 s!H 23 36 7 4 7 1 20 25 18 4 25 12 7 Mar. 6 Jan. 15 Jan. 19 41 ,1P 32 3 3 May 75* May 125* May 5* May 40 May 109 May 125* May 155* May 495* May 65* May 55* May 135 375* May 26 35* 445* 3P 1 11 Apr. 25* Apr. 42 May 3 May 6 6 485* May 65* May 17 155* May 24 May 5 May 25 May 4 245* May 24 5 May 3 2 May 4 10 May 26 6 May 22 4 1015* May 17 17 13 1475* Feb. 4 25* Jan. 11 19 Apr. 21 8 Feb. 9 45* Jan.' 6 125* Feb. 3 335* Feb. 11 34 I 1 43 2 19 18 3 40 25* May 95* Apr. 8 '"45* 13 125* May May May May May May May 98 §"" 25 Segal Lock Ac Hardware com 1 Selberllng Rubber com.....* Selby Shoe Co com... .._.* 235* 45* IX 105* 55* 55* Sale Securities Corp Gen'l com..* Seeman Bros common......* F«r footnote«> see page 53. 485* 55* 135* 335* 55* Sale 80 Scranton Lace Co common..* 775 18,200 2,400 196,500 127,500 3,250 39 6 5 11 23 14 2 Mar. 2 335* Feb. 23 35* Feb. 1 65* Jan. 5 95* Jan. 22 425* Apr. 21 275* Feb. 4 1165* Mar. 17 Apr. Jan. Jan. May 165* May 21 2 0 Mar. 10 155* Feb. 115* Mar. 43 3 May 11 May 25 215* May 7 215* May 5* May 13 15* May 5* May 10,I* 15* May 50 16 Scranton-Sprlng Brook 225 34 May Jan. 355* 195* 25* 35* 75* 415* 185* 885* 1145* 15* 37 Feb. Feb. Mar. Apr. Feb. Mar. 15 28 22 14 20 Jan. 15 1165* Feb. 2 108 May 27 1135* May 6 132 May 18 143 May 25 175* May 13 18 May 12 405* ; Sale 75 Sanford Mills Co common.. 28,400 Savoy Oil Co 5 11,100 39 485* pref 2,950 Safety Car Heating 8c Ltg...* 88,300 St Anthony Gold Mining... 1 9,400 St Lawrence Corp Ltd * A $2 conv pref..........50 1,525 815,500 St Regis Paper Co 5 4,675 7% preferred 100 3,600 Samson United Corp com___ 1 59,600 i\H Sale 25* 35* 135* Sale i8 185* X 5* 5 400 100 Sale Sale "6 Inc 108,100 Ryan Consol Petroleum....* 81,500 Ryenon 8c Haynes Inc com.l 900 4 Rogers-Majestic class A....* 11,200 1,900 3,100 25 415* Sale Roosevelt Field 11 6 32 5 ... com 115* May L125* May 325* Apr. 1 Raymond Concrete Pile— 2,700 1,800 2,900 315* Mar. 11 6 sllO 4,775 Railway 8c Light Securities.* 3,700 Rys 8c Utll Invest cl A com. 500 Mar. 23 151 121 101 J* May 95 103 121 8,500 Quebec Power Co 345* May 28 43 7 Jan. 14 125* 26 May 27 305* 1095* May 8 110 55* Apr. 28 85* 35* May 27 55* 695* Apr. 3 72 34 May 13 425* 12 May 13 175* 82 May 27 112 89 May 27 113 162 Jan. 4 1755* 3 Mar. 30 45* 76 May 26 95 1175* Feb. 1175* Apr. Pyle National Co common._5 com.......... 325* Feb. 18 295* Feb. 18 1075* Jan. 21 89 Jan. 29 85* Jan. 24 Jan. 11 Mar. 23 Apr. 26 Jan. 22 Jan. 3 Feb. 29 30 Jan. 28 53 Feb. 5* Mar. 13 May 95* May 11 May 99 May 100 6% prior lien pref......100 7% prior lien pref 100 Apr. 55* Mar. 45* Feb. 245* Apr. 29 Apr. May 4 May 5 May 27 May 5 May 25 .....100 preferred 59 , Mar. 18 265* Mar. May 68 May 5 Apr. 21H May 38 May 1015* Apr. 35* May 10 105* May 1 108 505* Sale ...* Public Service of Nor 111....* Com $60 par stock ...60 2,430 Quaker Oats 250 2,800 2,100 25 28 1015* May 10 1015* May 10 13 'V'.vj' \ 103 6 25* May 4 95* May 13 21 May 13 Sale 100 39,100 Pyrene Mfg...............10 280 40 10 5 3 4 10 10 3 8 18 225* May 13 1055* May 17 1275* May 1 10 15* May 10 19 17 May 7 3251 345* Sale 25* Sale 345* 5* Sale May May May May May McCallum Hosiery 1,550 $7 part preferred.........* 29,230 Puget Sound P 8c L $6 pf ..* 8,895 $5 preferred. 275 34 • Public Utll Securities— 825 79 r: 140 May May May May May May May May May Public Service of Oklahoma— f 150 2,650 3 36§ xlO 105* Sale 225* 24 11 Pratt Ac Lambert...........* Sale 3 "3% Power Corp of Can com.....* 160 : 175 115* May 135* 114 1125* May 325* May 325* 105* 115* 11 May 115* Sale 11 95* May 385* 375* May 385* 28 255* 25 29 May 3 25* 35* Sale 35* May 20 45* 75* Sale 75* May 10 75* Public Service of Colorado— 100 1025* 125* 215* Sale 195* 205* 195* 100 103 1015* Sale 100 Sale 1275* Sale 127 1145* 15* 15* 15* 2 15* 165* 175* 16 165* 165* ..... 50 36 Pitts Bessemer 8c L E RR...50 34,300 Mills Co com 45,600 Prosperity Co B common...* 2,900 Providence Gas Co .._...* 31,200 Prudential Investors com...* 1,050 $6 preferred... ..* 1,100 3 76 1235* 325* "35"" 8 (Propper 2,200 4,300 91H 79 33 & 37 ""45* May" 1 12 May May 82 May 89 May 168 May 35* 3, May 78 76 May Sale 1235* May 34 32 May 125* 1015* Sale 25* Pitney Bowes Postage Meter* 5,700 Pressed Metals of Amer.....* 209,100 Producers Corp........... 23,300 12 99 Pioneer Gold Mines Ltd... Premier Gold Mining.......1 200 Prentice-Hall Inc ....* 800 i-»i Ol ill- Sale' 90 May 5 105* May 7 May 14 110 May 12 27 34 i "15"" 38 May 1095* May Sale May 5 May 21 May 6 May 19 May 4 May 24 May 1 705* May 7 95* May 22 5 May 25 25 May 10 355* May 5 65* May 45* May 25 May 305* May j 150 Penn CentL&PS5pref. 2,470 j Highest Sale Prices 345* Sale — 34",900 Lowest Sale Prices 24 11 i ooi Ol "285* Highest Sale Prices 103 Sale Sale 23 1 Lowest Sale Prices Ask 295* Sale 265* 275* 26 Sale 106 84 11,900 Pacific Public Service... * 2,000 1st preferred ....* 34,400 Pacific Tin special stock....* 25 Page-Hershey Tubes com—* 44,200 Pan Amer Airways com—.10 941,000 Pantepec OH of Venezuela „.l 6,800 Paramount Motors Corp.... I 1,975 Parker Pen Co...... ..10 1,600 350 Par Pacific Ltd Corp 56 pref 470 Pacific P A L 7% prof 20 ;• (Continued) faclflc G & E 6% 1 Jan. 2 1937 STOCKS RANGE SINCE JAN. Price Jan. 1 Shares 47 PRICES IN MAY NEW YORK CURB EXCHANGE Since i EXCHANGE SALES In 250 CURB YORK NEW May 27 May 13 May 6 May 13 Apr. 29 May 19 1 20 10 17 9 25 "45*Feb".""3 135* Jan. 18 1 Jan. Jan. 555* Mar. 109 May 145* Apr. 175* Jan. 495* May 65* Jan. 8 L41 Mar. Apr. 5* 155* 385* 115* L175* 65* Jan. Apr. Apr. Apr. Jan. May 69 Feb. 45* Jan. 2 5 21 1 25 6 19 25 22 2 6 27 6 6 6 25 22 10 25 42 Mar. 26 May 28 55 Mar. 10 6 545* May 26 Jan. Jan. Jan. 19 14 21 .Feb. 1 95* Mar. 31 Jan. 6 ■ urn If'-- ' YORK NEW 48 EXCHANGE CURB NEW YORK In Since .■ May Price Jan. 2 1937 CURB EXCHANGE Jan. 1 Shares Shares 1,200 4,100 700 ; . 24,700 27,000 1,300 3,150 940 800 280 1,300 1,300 900 1,800 900 2,500 120 : 100 3 5* 97 50 " 3,900 400 500 1,900 600 2,100 1,600 950 10,900 3,300 300 22,200 1,600 50 5,800 20,700 500 1,200 2% Sale 25* Sale 24 k 26 26}* 25 100% 99% 100}* 97}* 100 102% Sale 102% 103 85* 13% 4 19 Sale Sale 30 Sale 26 27}* Sale 1255* 1095* 132% 55* 4 Sale 43* Jan. 25 283* Mar. 11 1013* Mar. "4 1033* May 25 May 3 May 24 Jan. May 10 May 17 May 5 Apr. Apr. 253* Apr. 122 May 108 Mar. 243* Jan. May 24 5 4 7 May May May 11 Feb 5* May 27 23 Jan. Apr. 29 26 123* Mar. 13 29 63* 28 28% 29 26 1545* Jan. 31 114 Jan. . 7 _ 21 Feb. 23 Feb. 24 Mar. 11 15 28}* Apr. % May 25 Sale 295 1 Jan. 2 28 2 Sale 26 27 5* 25}* Sale 28 26 37 27 28}* Sale 6% Sale 26 5* 6% 45* 53A 4 5* May 3 May 1 May 17 May 1 May 5 May 13 4% May 14 Sale Sale 55* 1}* Sale 65* Sale '28 5* "53* "~5% Conv preferred 5% 5 "'OH 43 Standard Oil (Ohio) 5% pref % 45* Sale Jan. 6 Jan. 4 It sal!6 10 9}* 19 5* Sale 12 22% 27 Sale 23 Sale 45* -43* Sale 3* May 13 205* May 19 23 May 25 43* May 1 18 May 18 43 3* May 20 193* May 1 223* 213* Sale 19 Sale 195* Sale May May May May May May May May May May 123* 113* IQX *lV/a Sale Sale ..1 Sale jAi 5% Sale Sale Class B common..._......* 675* 375* 103 31 27 65* 55* 1 }& Sale Sale 29 Steel Spring Co..* 85* Mar. 25 42 Apr. 8 30 May 1 5*. May 7 ** May 28 Feb. Feb. ""2p "4% ....1 Sale- 104% 105 & 105 83 160 18 J an, * 25 Preferred .......—...._.* Standard Tube class B $ 38 28 5 37 373* 104% 102}* 1035* 33* Sale 35* Sale 4 35* 33* 3% 60 39 Sale 40 18 19% 183* 19 Standard Silver Lead 25* Jan. 2 May 5 May 10 May 7 28 30 6 6 6}* ; 22 25 May 1§ May 11 May 5 _ May May May May May May May May May May Jan. 14 Jan. 4 Feb. 19 Mar. 2 Jan. 21 17 7 5 5 15 28 48 Jan. Jan. 42 28 19 Mar. Mar. 1 1 12 47 1 2 4 Apr. 7 Mar. 8 Jan. 14 1 Jan. 13 19 25 29 5 20 29 22% May 27 Apr. 55* Jan. 21 May 63}* Jan. 205* Mar. 14 135* Apr. 333* 1035* 23* 23* May Jan. May May May May Apr. Jan. May Apr. \ 7% Mar. 13 5% Feb. 20 11% Apr. 17 11 May 6 21 May 7 513* May 1 203* May 24 14 12 18 393* 27 105 43* 18 3 19 28 39 18 13 13 14 5 11 19 Feb. 15 Mar. 10, May May May 43* Mar. 153* Jan. 433* May 19 Apr. 5 I • Mar. 15 53* May 10 43* May 13 105* May 22 May 7 May 28 93* May 3 7 295* Mar. 30 May oyx Jan. 100 Mar. 443* May 28 30 May 1 9}* 9% 21 Standard Power A Lt com..] Standard Products Co 265* May 5 May 18 43* May 14 37 May 18 May 27 9% May 14 42 May 5 30 May 1 U Sal7 « 9% Sale 37 % Sale 33* 4 425* Sale 30 25 com..25 100 Jan. May Apr. Apr. Apr. 25 May 36 May 43* May 15* May 13 65* May 1 28 May 18 5% 55* 3% 3% 10% Sale 443* Sale 263* 30 6 5% 16}* Sale" 51 (Nebraska) 5% May 24 Apr. 21 Jan. 83 42% 44 Stand Invest $53* pref w i .10 55* Jan. 205* 53* 13* 53* 273* 155 * Standard Oil (Kentucky) May 14 155'" May'i3 155" "May" 13 » Standard Dredging com. Jan. 21 35 Feb. 3 May 26 7% Feb. 15 Apr. 16 370 Jan. 2 295 98 5 283* 253* 6 May 14 6 6% 6 6 31 4 May 26 4% May 7 May 28 May 11 307 4 307 v 4}* 4}* 370"" Sale" Standard Cap & Seal com ...1 .10 Conv preferred — Standard 3 May 1 10 13 263* May 17 14 1003* May 5 14 1033* May 25 % May 25 % Sale Standard Brewing Co— Standard Oil May May May May 23* 23* May 20 5* % May 14 J* 9k 8% May 17 9 4 53* May 14 Sale 153* May 13 19}* Sale May 13 283* 265* 26 May 26 134 Sale 122 108 May 3 1105* Sale - 10 Sale ♦ Spencer Chain Stores— Square D Co class A pref. Stahl-Meyer Inc com.... 8,100 71,000 1,225 399.100 27,500 3,200 35,600 675,600 15,800 5,200 700 Highest Sale Prices 3 Sale Spanish A General Corp Ltd 65,500 Am dep rets ord reg shs. ..£1 3,200 Am dep rets ord bear.. ,.1£ 36,800 19,050 4,900 13,900 2.600 1,100 25,200 16,100 7,400 77,300 4,400 Lowest Sale Prices Sale 8,500 Southern Pipe Line.......10 35,500 Southern Union Gas com 100,100 Southland Royalty Co.. ...5 ..25 20,850 South Penn Oil ..50 1,550 So West Pa Pine Lines 400 Sale Highest Sale Prices 24 100 30 7% preferred ——..100 70 South New Engl Telep Co. 100 { 10 7,600 12,300 2,650 Sale 97~~ Sale" Lowest Ask Ask Bid Bid Sale Prices May 28 May 1 Ask Pub Simmons-Boardman 300 Corp conv pref * 36,100 Simmon* H'ware & Paint Co * 1.753 Singer Mfg Co...........100 Singer Mfg Ltd.. Am dep rets ord reg shs..£1 4,100 150 Sioux City G A E 7% pref.100 1,025 Smith (Howard) Paper Co..* 8,200 Solar Mfg Co.... -.1 78,200 Sonotone Corp ...1 18,500 Soss Mfg Co 1 15,700 Sou Calif Edison pref B....25 10,400 0)4% pref class C—_—..25 i: 1,440 5% original pref.. 25 6,800 Southern Colo Pow cl A..25 4,900 ./ Bid Par STOCKS (Continued) 118,200 Selected Industries........1 Convertible stock ....5 4,900 32.150 $5.50 prior stock..— Allotment certificates 27,550 Sel fridge Prov Stores, Ltd— American dep rets 4,100 £1 28,300 Sentry Safety Control 1 • 14,200 Seton Leather com 202,100 Severalty Aircraft Corp 1 279,800 Shattuck Denn Mining 0 23,600 Shawinigan Water A Power.* 30,850 Sherwin-Williams Co com..25 1,740 5% cum pref A A A ..100 1,310 Sherwin-Williams of Can.. Shreveport Eldorado 26,700 Pipe Line stamped ..25 10,900 1,800 6,650 4,850 .. RANGE SINCE JAN. 1 PRICES IN MAY AGGREGATE GALES 23 11 17 5 7 14 22 2 " 25 45 27 105 18 7 19 7 28 69 Mar. 11 Jan. 21 Jan. 13 Jan. 14 29 2 25 Feb. 13 36 8 Jan. 28 Mar. 30 16}* Feb. 15 53* May 27 25 27 93 Mar. 15 Feb. 11 Feb. 27 39 10 3 10 11 175* 3h 28 6 26 Jan. 7 1 % Feb. 25 Standard Wholesale Phos¬ - 50 Steel Co of Can Ltd ord.....* - 1,400 Stein (A) A Co com * 20 6 %% preferred..—...100 61,200 Sterchi Bros Stores Inc.....* 2,435 1st preferred 50 .4,250 2d preferred...... ...20 300 "5", 500 160 150 39,200 41,500 179,800 9,500 54,400 50,250 127,000 20,700 3,800 390,800 9,600 233,400 2,575 900 6,000 3,700 700 24,900 900 22,500 625 Sullivan Machinery Co 186,125 12,600 52,500 137,200 Sunray Drug Co common. -1 Sun ray Oil ..1 5%% conv preferred-... .50 ,10c Sunshine Mining Co Superior Port Cem B 110 93* Sale 50 Taggart Corp a6H Sale com • .... Tampa Electric Co 2 2% 25}* Sale 2}* Sale 25}* 26}* 19 195* 4}* Sale 44}* 47 20}* Sale ..* /: 720 Texas P A L 7% pref 230 13 55,700 31,075 60,850 3,300 ' - I 3.500 \ 9 103 83* "~8~ 9 "123* Sale' 95* 6% 55* 9% 9}* 63* 63* 53* Sale 10% Sale Sale Sale "25* "3% 25 23 245* Sale 5* Sale Sale 16% 4% Sale" 18 43* Sale Sale Sale 185* 12 37}* Sale" Said 2 6 Sale 38}* 153* May 20 37 May 4 123* May 20 9 3* May 37 k May 93* May 13 May May May May May May May May May May May May May 63* May 18 53* May 19 18 May 27 15* May 15 23 May 19 % May 10 193* May 14 15 May 4 35* May 18 433* May 28 18 May 13 16% May 14 7 3 123* May 20 253* % 22 19 43* 47 20}* 173* , 8 35 10 10 1 Jan. 27 43* Jan. 2 18 May 27 15* May 15 Apr. 29 2 5* Apr. 19}* May 14 23 15 Sale Sale Sale Sale Sale Sale 12U. 36% 1% 4% 22 Vs 5% 64 115* 353* 13* 35* 275* 53* Sale 363* Sale 35* Sale Sale Sale , 6% 12% Sale 9k 10}* "3% "3% 5% Sale 57% Sale 55* 15}* "7% "9% Sale 3 Sale Sale' 7 May 4 May 4 35* May 18 433* May 28 Apr. 10 163* Apr. 30 Apr. 27 11 Apr. 29 18 98 133* May 103* 35 21 363* May 1 13* May 1 May 25 35* May 20 13 185* May 1 18 43* 61 May 1 17 4 104% May 27 101 6 May 3 55* 13 May 20 13 62 433* 17 163* May-5 123* Jan. 10% May 17 May 17 May Apr. May Feb. 21 Apr. 28 May May May 213* May May May .101 May May May 145* May 617A 5P Sale st" eiH 8 613* May 3 Sale 64) 35 May" May 7 May 19 55 3 20% Mar. 135 73 65 29 1 Feb. 23 Mar. 4 Feb. 26 Feb. 2 Feb. 8 Mar. 2 7 25 Jan. Feb. 15 28 Mar. 11 Jan. 25 Jan. 23 50 223* Mar. 3 Feb. ;V8 27 5 46 17 Apr. 7 Feb. 11 Apr. 12 165* Feb. 4 Jan. 14 11 41 23* Jan. 25 16 2 Feb. Feb. 5 Jan. 5 Mar. 17 33 4 114 35 8 x625* 33* 8 114 May 10 1 107 Feb. May 20 135* Apr. 30 395* 2 Jan. 155* 93* May 13 6 8 6 11 6 3 20 12 1 7 27 17 "123* May" 10 "l53*May"25 110 Sale Thew Shovel Coal Co com..* 6,500 1,150 TobaccoA Allied Stocks....* 33,500 Tobacco Prod Exports * 135* Sale 73}* Sale 112 Tilo Roofing Inc 1 Tishman Realty A Constr..* 175* May 15 107 ..... 112% Sale 100 Texon Oil A Land Co. Feb. 44 Tastyeast Inc class A new._l Teck Hughes Gold Mines * 900 Tenn El Pow 7% 1st pref._100 2,950 2,100 8% 16"" Sale" 73,500 \ 103 * com. May 17 73* May 11 20 18"" ~18% "175* "26" "163* "19"" "l75* May"l5 "i85*May-24 103 Taylor Distilling Co 1 348,460 Technicolor Inc common...* 4,200 55* Sale 65* Sale 93 ... .... 2,200 4,200 6,700 144,000 ""200 ..I Sterling Inc * Stetson (John B) Co com. Stlnnes (Hugo) Corp..... "5 • Stroock (S) A Co Inc tStutz Motor Car Co 4,600 Swan-Finch Oil Corp Il5 7,950 Swiss-American Else prof. .100 1,050 9,200 7% $3.30 class A part...... imm* ""7,66 v 7% Sterling Aluminum Prod. -1 —1 Sterling Brewers lnc 50 3,900 3,600 17,900 1,025 3,100 May 11 53* May 27 19 1,250 phate A Acid Works ..20 111,200 Starrett (The) Corp v t c_.1 150 5,100 Mar. 12 31 May 20 63* Feb. 10 8 773* Jan. May 17 4 112 Jan. 2 May May 13 75* Jan. 26 Mar. 9 Jan. 25 73 2 185* Mar. 10 Jan. Apr. 12 Apr. 29 Apr. 26 10}* Jan. 66 4 Jan. Jan. 25 5 9 Tobacco Secur Trust Co Ltd .\,u 600 100 700 2,100 10,850 Am dep rets ord reg shs..£l Am dep rets def reg......5s 18% 3% 51 Todd Shipyards Corp...... 21 4% 52}* 218 17}* 25* 17}* 3 62}* 58 2% 290 Toledo Edison 6% pref.. 100 300 7% preferred A ..100 65,000 Tonopah Belmont Develop..1 34,400 Tonopah Mining of Nev 1 60 500 2,000 21.700 112,700 Trans-Lux 34,300 Transwestern Oil Co 8,600 2,300 Sale Sale Plct Screen com.l 10 2}* Sale 63,160 Tri-Contlnental Corp Warr. Sale Sale Sale 23* 15* 43* 125* 15* 1 ........ 25* May 10 L < ' 60 17*'V 725* Sale 58 May 14 25* May 10 725* May 28 May 12 May 15 101 May 14 1013* May 24 105 % xviay 'At May 10 3* May 14 1 13* May May 24 5 May 24 43* May 17 125* May 1 113* May 19 2 May 3 15* May 14 100 Sale 45* Sale 113* Sale 45* Sale 173* Feb. 26 25* May 10 51 Jan. 4 18}* Jan. 3 9 Feb. 26 725* May 28 Apr. 28 105 1013* May 24 115 }* Jan. 16 2 1 May 24 53* 4}* Jan. 11 Apr. 28 133* 3 15* Apr. 30 100 Feb. 18 Mar. 18 25 Jan. Feb. 26 Feb. 26 Apr. Jan. 5 22 Trlplex Safety Glass Ltd— 100 '2,000 100 42 Am rets for ord. shs. reg. Am dep rets ord new 500 Trunz Pork Stores Inc 1,500 "Io~ 11 ... 8 Jan. 153* May 7 8 May 27 10 165* May 8 May 27 15}* May 25 295* May 7 86 May 8 73* May 4 105* May 10 18 42 7 17 155* Jan. 8 May 27 Jan. 18 Mar. 4 9}* Mar. 4 Tublze Chatillon 14,600 2.600 3,000 1,900 1,500 400 3,400 60 171,400 ' Corp— Common...... ...........1 16% Sale 61% Sale Class A 31,950 78,900 Tung Sol Lamp Wks com.. 80-cent div pref... 27,200 » 235,400 Twin Coach Co...........-* Sale 11% 17% 20 20 15,300 6% preferred Sale Sale Sale 253* Sale 763* 80 63* 63* 10 105* 113* 5 43* 33* 18 24 17 13 33* 23* - ........100 165* Sale 13 135* 43* 35* May 14 43* 35* May 14 25* Sale 23* May 14 112 May 3 114 103 May 26 103 145* 153* 143* May 5 15 35* 3% Union Gas of Canada ......* May 77 May 6}* May 10 May 18 4 29,700 Ulen A Co 7%% pref 25 5% preferred .....25 8,300 ..10 27.400 Unexcelled Mfg Co lnc 170 Union El Lt A Pr 7% pref.100 1,300 28. 793* 65* 2105* - - » - 45* 33* rn m May 27 May May May May 26 May 100 Union Oil of Calif rights... 50 Union Stk Yds of Omaha.100 Union Traction Co........50 United Aircraft A 700 20,800 Warrants.. For footnotes see page 53. 60 35* May 35* May 23* May 112 May 103 May 133* Mar. % Apr. 85 \ 45* 6 8 63* Jan. 63* May 17 May 13 163* Jan. ~ 10 Mar. 315* Feb. 17 86 May 8 113* Feb. 8 13 k Feb. 8 265* Mar. 9 93* Feb. 1 Feb. iM 1 Jan. 7 Feb. 23 103 May 26 18 5* Jan. 21 Apr. 12 85 Mar. 24 v5:Vvi;8: Transp— 20% Sale 20 - 215* 18}* 20 175* May 14 20 May 5 175* May 14 303* Mar. 6 June, 1937] AGGREGATE PRICES IN MAY SALES NEW YOBK CUBE EXCHANGE Since In May Soares RANGE SINCE JAN. 1 Price Jan. 2 Jan. 1 Shares 49 CURB EXCHANGE YORK NEW May 1 1937 Ask Bid STOCKS (Concluded.) Bid 8 May 28 Ask 9)4 59 Ask Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices United Chemicals Inc— 19,600 300 100 $3 135,266 4,900 i.: 1,700 8A .............. partlc praf........* ..... 400 United O&l 7% pref... 100 506,400 United Lt A Power com A...* 15,800 Common class B__. 94,500 $6 1st pref 1,450 United Milk Products com..* 25",166 200 7,600 225 550 150 S3 preferred United Molasses Co Ltd— * 12,200 Am dep rets for ord reg..„_ 9,200 Unit Profit 8hzrlng com. * 200 1,200 200 T.Ioo 1,100 133,500 17,525 4,330 159,900 31,600 10,800 76,500 5,050 7,100 103,600 52,500 2,520 6,100 2,825 700 10,600 6,200 850 4,700 1,050 1,800 6,000 6,000 310 35,900 219,000 417,300 4,420 7,500 2,200 7,200 5,350 9,400 3,200 2,400 35,600 29,100 200 2,600 ' ,150 400 350 50 100 * Preferred.. 10 United Shipyards class A Class B 700 500 29,300 2,400 6,400 43,300 351.500 3,300 350 2,500 2,800 12,800 1,600 • * com 1st preferred with warr • U S Lines Inc pref. ......* U S Playing Card com 10 U S Radiator U S Reclaiming....* U S Stores Corp com........* %7 Cony 1st pref..........* United Stores Corp com vtc * United Verde Extension ..Me United Wall Paper...... 2 Universal Con sol OH Co 10 . Universal Corp v t c 3,000 4,700 116,400 11,000 231,300 6,200 39,000 37,100 48,400 19,450 29,500 166 v IT,500 2A Bale Universal Pictures 62)4 Sale Sale 32 A 68 10 3.210 / 1 ...a .. i com. Valspar Corp vtc Vtc conv % 10A 14 6)4 Sate 8)4 48A Sate 28)4 29 5)4 Sate 6)2 M% 91H 58 41 8* 67 7)4 7)4 1)4 1)4 Sate 13)4 3 87 Sate Sate 2)4 Sale Sate 14 2)4 . 1)4 1 11A 21A Sale 12)4 Sale o 27 2a Sate 11A 6)4 12 7 At Sale 5a 7a ---- Sale Sale Sale 14 1A Sate 2)4 3lH Sate* 3A " Sale 84 "7A Sale" ---- 40)4 May 28 27 a May 28 55 May 6 50 )4 May 7 a May 1a May 1 6)4 May 26 2)4 May 21 85 a May 11 % Sale Sale 14)4 16 5 a Sale 16 17 a 9A 11 3 1A May 22 83 May 26 2 a May 13 27 May 23 May 18 May 13 k. May 21 ;5$4 54 Sal* 48 Sale 1A Sale 3 3H 24 Sale 101 5 79 81 1 1)4 3)4 4 A Sate 2)4 3 18 Sate 5 7a 2 95 Sate Sate 4a 4)4 55 6)4 74 7 7)4 58 61 26 A 27)4, 29 6)4 7)4 VA Sate 7 5A 7)4 2)4 KF Sate V2 Wellington OU Co common..1 35~" Sale "10)4 ~ib% • Wentworth Mfg Co.*....1.25 Western Air Express Corp._l Supply com A * 9 " 72 ........ 20 3 7h 7a 46)4 Sale 8)4 9 12 A Sale 5)4 Sale 9 Sale Sale 89)4 39 14 a 2a 87 3a n. May, 1 May 6 May 17 May 24 May 5 May 10 May 6 May May May May May % May 4 3)4 May 21 6)4 May 55 May 26)4 May 6 May 1a May 88 May 13 May 7 a May 26 61 May 4 30)4 May 7 7 a May 21 2 a May 7 90 May > 7 13 a May 6 9 5 "" May 4 May 17 May 13 May May May May May 10 10 19 22 28 ^ 7 18 14 12 1 13 17 . _ 4 4 3 5 22 8 13 13 27 7 4 17 4 1 13 7 6 5a May 21 18 May 13 2 a May 17 May "7 20 May 3 2 a May 17 1)4 May 3 2 a May 14 7 May 14 42 % May 13 9 May 13 11A May 14 5 A May 18 8)4 May 13 1A May 3 May 7 a May 21 48)4 May 21 10 May 3 12)4 May 8 6)4 May 3 10 May 7 Sate 28 27)4 Sale Mar. 13 a 27 a May 3 30 a May 12 "17 a 13H Feb. 8)4 May May 2 Apr. 124 84 Mar. 23 5 May 12 107 28 18 18 11 Feo. 9 8)4 Apr. 6 1A Feb. 15 12 Mar. 10 7 a May 18 4 A Jan. 28 96)4 Jan. 28 47)4 Jan. 26 18)4 Feb. 5 3 Mar. 8 93 Jan. 26 4 Mar. 13 34)4 Feb. 23 16 Mar. 11 14 Max. 10 1)4 Jan. 12 18 A Jan. 12 4 M 6 ?!* 15)4 May 9 May 23 a Apr. 65 May 2)4 Feb. 94 a May 4% Jan. 74)4 May % May 3 a May )£ Apr. II 103 a Feb. 1 6 Jan. I 89)4 Jan. li 2 Jan. 21 1 6)4 Feb. % Apr. 3$ 2)4 May Jan. ll Mar. 11 21 28)4 Jan. 14 a May 6 Apr. 28 55 Mar. 22 10 A Feb. 15 73 Feb. 16 26)4 May 14 33 9 6 Apr. 3 3 1)4 Jan. 6 88 May 13 100 13 May 17 18 a Apr. 15 Feb. 5 Jan. 25 Jan. 12 Feb. 3 Jan 10 22)4 Feb 5 a May 17A Apr. 2 a May 9 A Mar. May Jan 11A Jan 2 a Jan 5 Jan. 7 Mar. 34 Jan. 8 a Apr. 8)4 48 a 10 a 1.3)4 Mar. 10 18 Feb. J Feb. 2, Jan. 21 17)4 Mar. 2, Apr. ! Jan. ! Jan. U 35a Feb. 11 Jan. 21 80 May Jan. May Jan, May Feb Feb Ma; Apr Apr Mai May 8% Jan. 13 a Mai Mai 91 30 A Ma; Jan. 26A Apr. Feb. '82 16 a Feb. 107 Jan. 75 11 27 1 26 21 37A Apr. 28 12 a May 18 1A May 22 83 May 26 2)4 Jan. 4 27 May 4 11A May 18 6)4 May 13 May 21 5)4 May 18 A 3)4 3A 12)4 16 25 UA Jan. 11A Jan. 75 A Jan. 45 Feb. May 40)4 May 27 a May 55 May Jan, Apr. Feb. May 2)4 May 28 94 Mar. 6)1 5a 1A 11a 6)4 5 Jan, 3A Jan. 5 A May 101 '14)4 "If 13 A Feb. 19 52 a May 28 2 Jan. 13 xll Mar. 3 108 71 27 a 10 Western Tablet A Stationery Common ..* 6 l* Sale a\* 3 5 1 Welsbaum Bros-Brower Co-.l class A Sale "13)4 "14)4 '12)4 "13)4 2)4 Sale Walker Mining Wayne Knitting Mills Wayne Pump Co common Sale 2 17 • 7a 61)4 Sale 3 May 14 2)4 May 13 14)4 May 18 15)4 May 77 A 1 3)4 Sale A Sale 2h 3 14)4 Sale y t c _ 4 4 4)4 May 16)4 May 6 May 16)4 May 9)4 May 25 A May 65 May 4 May 96. May J* May 82 May 1 May 3 May A May 3 May 19 May Sale Sale 14)4 Sale 1A May . 6 3 6 "7 aMay' 18 May 18 May 3 May 1 May 13 May 4 May 4 4A 95 1M 28)4 May 62 May l5K 4A 3)4 Sate 4)4 Sale 15)4 16 6 6)4 16)4; 17)4 9 12 May 12 A May 18 24 8*7* 87H 7 a May 6 A May 24 7 a May 25 70 1)1 12); 6)4 6)i 2)4 Sate 88)4 Sale "14)4 Sate' 6)4 * ... common 4 1 9 9 89 5 com Waltt A Bond Inc class A. Class B New 5 a May 20 6 A May 13 May 13 Venezuela Mexico CM1......10 Venezuelan Petroleum... .1 Western Auto 4 7 !""* .... 8A Apr. 52 a May 1 Apr. 3 38 common. pref Van Norman Mach Tool 6 1)4 May 108 Universal Products Co.. ....* Utah Pr A Lt $7 pref... Utah Radio Prod com.. 8 a May 52 a May 28 May 13 8)4 May 18 10 A May May 18 116 May 2 May 13 2a May iOM Sale 111)4 112 2)4 Sale 7 375 Western Cartridge 4% pf.luo 4,200 Western Grocery com.....20 Western Maryland Ry— 570 7% 1st preferred.......100 100 8 A May 2 52 a May 2 1)4 91 8H Sale 8X 61 28 H 1 Universal Insurance.. 1)4 1 com new Rubber 600 Wahl (The) Co common....* 200 Sale 120 ........25 U S FoU class B._ USA Internet Sec 50 xll "16"" Sale" 89A Sale Preferred 11,100 Waco Aircraft Co 11,900 Wagner Baking com 300 IH United Shoo Mach com....25 590 Virginia Pub Serv 7% pref 100 11,200 Vogt Mfg Corp........*....* 40 500 1A ~2~A Sale ... 3,150 y 1 ... 2,100 1,900 14.300 10 A 60 50 1 330 Utica Gas A Elec 7% pfT !Iioo s 56,700 Utility Equities com 3,200 Priority Stock....... 34,400 Utility A Ind Corp com. 69,200 Conv preferred II* 201,900 JUtil Pow A Light com.. —1 Class B common 15,400 _~1 34,400 7% preferred......... ..100 50 4,700 6,400 1,900 26,100 2,000 4,100 7,800 2,200 cum 65,700 United Corp warrants. 100 United Elastic Corp.... 1,324,800 United Gas common .......I 34,000 (7 1st non-vot pref * 185,100 Warrants 3,800 , Common 100 May 12 98 Jan. May 28 62 Apr. 21 Apr. 6 13117 Jan 28 Sale 24 28 Map. 6 Feb. 3 Apr. 6 May 1 28 86)4 May 29 A Sale 6 88)4 May 20 5)4 May 8 "A May 10 8 May 3 May 1 4 May 1 50 May 7 24 May 13 16 A May 21 May Jan. Feb. May Apr. 3 Apr. 45 a Jan. 21 May 13)4 Mar. 81 May 7 May 20 16 a May 4 9 May 1 79 a 4a 13 H ,8)4 10 a May 13 19 a May 18 6 a May 11 ~7"""May'~3 18 a Apr. 6 Apr. 6 a Apr. 20 23 A Jan. 7 6)4 Apr. 7 8 A Jan. 16 61A Apr. 29 80 a Mar. 10 4)4 Mar. 11 1 10 West Jersey A Seashore RR 50 32 62 West Texas Utilities Co— 1,430 100,500 320 11,600 , fi: 3.100 200 Winnipeg Electric class B 130 """loo : 1,700 3,400 2,300 t 3)4 4)4 7 9 4)4 Sale 50 4a Sale 6)4 8a 7)4 8 3)4 Sale "21" "22" 14 16)4 4 A May 22 7)4 May 7 May A May 3)4 May 49 a May 10 14 19 20 12 21 May 18 14a May 1 Wood ley Petroleum Corp Woolworth (F W) Ltd— 86)4 3 a 7)4 7 a 6 * 79a 4)4 5 16 a Sale 9 1 Sate 22)4 39",706 11,400 Am dep rets ord shs new 5s. 1,300 Am dep rets pref ...£1 250,700 Wrlght-Hargreaves Ltd.... .* "7)4 Sale" ~6~a Sale" 3,100 13,100 46,200 Youngstown Steel Door....* 203,500 Yukon Gold Co.... ...5 66 67 68 3 3 1,700 ; 52 'Ha Sale" Wisconsin PAL 7% pref.100 54,900 Wolverine Port Cement....10 97,600 Wolverine Tube Co com....2 :} 40,600 M 4 Sail5 14,200 Williams Oil-O-Matic Htg...* 33,300 J W11-Low Cafeterias com 1 13,600 Convertible preferred • 10,800 Wilson Jones Co com.......* 900 New common * 6,600 Wilson Products Inc 1 1,100 1,200 900 ..........* W Va Coal A Coke com.....* 800 Williams (R C) A Co..,. ..* 100 400 200 56 preferred 2)4 23)4 19 19)4 70 Sate 5 Sale" Sate 79: 4] 14 a Sale 8a 8)4 19 6a 19a Sate May May May May 28 13 21 19 65 65 a 2)4 Sate May 13 2)4 May 13 5 70 May 3)4 May Jan. 6 29 16 14 22 22 9 18 23 8 May 28 May 13 Jan. 4 May 19 2 A Jan. 19 95 J 5j Mar. 5 Mar. 17 8)4 Feb. 11 12)4 Feb. 2 1A Jan. 26 9A Jan. 25 60 24 Feb. 20 May 13 16 a May 21 10 Jan. 18 95 8)4 18 a 12 a Jan. 8 Feb. 1 Feb. 10 Jan. 15 BONDS!/ ; 2,000 132.000 9,000 113,000 143,000 95,000 136,000 58,000 12.000 309.000 18,000 1,932,000 280,000 794,000 Abbott's Dairy 6s Alabama Power 4 His 1st 5s 476,000 ; 1,777,000 r : 3,135,000 Sate 108)4 104)4 Sate 106 106)4 106)4 Sale 2028 106 02 Sale 100 Sate Sale j&x 93 103 May May May 89) May 102 May 99 May 107 May 107 May 105 a May 107)4 May 83 98 3 4 14 3 5 11 22 25 6 Sate Deb 5s called 5H« inv ctfs reg_. 1,000 1,896,000 131,000 1,488,000 569.000 108 American Power A Light 6s 2016 1951 1,238,000 Ark Louisiana Gas 4s.. 1,697,000 Arkansas Pr St Lc 5s.....1956 1,678,000 Associated Elec 4^s 1953 117,000 Assoc Gas A Elec 4J4»._.1948 6s 1948 1,593,000 > 4,000 Registered.......... SHs inv ctfs.......... 1938 442,000 14,000 98,000 98,000 19.000 90 Sair 116,000 Appalachian Power 6s...2024 5s 1941 123,000 273",666 98 107)4 156,000 Amer Radiator deb 4 His..1947 1,097,000 Amer Rolling Mill 5s 1948 119,000 American Seating 6s stpd 1946 688,000 Appalachian El Pr 5s 1956 j ;1 1946 Amer Gas A Elec deb 5s ..2028 4,000 429.000 39,000 162,000 19,000 133,000 7.000 18,000 166.000 267,000 217.000 8,000 184,000 1,000 127,000 196? 695,000 1st A ref 5s 1951 924,000 Aluminum Co s f deb 5s .1952 639,000 Aluminium Ltd 5s.......1948 5s called 12,000 1948 104)4 103 A May 76 a May Sale 94 A May 95 83 May 83 a Sale 98 a May Sale 100 , 94 Sale May 94 106 a 106)4 105 A May 106 a Sale 105)4 May 105)1 May 106 a May 107 Sale 104)4 103 83 A ...1942 1st A ref 5s...........1956 5s 1968 4>as series O Skis Cony deb 5s Assoc Tel A Tel ...1938 1949 1977 ...1950 5«s A...1955 159,000 Atlanta Gas Light 4)4s..1955 For footnotes see page 53. 04)4 Sale 03)4 Sale 05 Sate 04)4 104)4 19)4 Sale 08 108)4 01)4 102 04)4 Sale 64)4 Sale 106)4 Sale 10 104)4 Jan. 102 95 105)4 99)4 108)4 105 76 a May 94 a May 83 May 98 a May 94 105 102 , May Apr. 107 107 105 a Apr. 105 A May 105)4 Mar. 107)4 106 105)4 Mar. 94 A Sale 104 105 a 102 A Sale 105 A 106 a 106)| Sale 111 113 108 Sate 99 A Sate 98)4 Sale 53 Sale 89 A Sale 105)4 105 a 104 A 102 102 a 103 L05)4 105)4 105 106 106)4 Sale 111 1.10)4 113 108 L08>4 Sate 99 99 H 100)4 90 97 61)4 Sale 50 a Sale A Sale 50 a Sale 44 46 a 47)4 Sale 77"" "78)4 76A Sale" 79 A 97 X4, May May May May May May May May May ivjLtty 49 A May 45 May May May May May May May May May May May May May May May 12 5 3 26 10 12 26 6 12 5 12 6 14 6 May 26 106 A Sate 56"" Sale" 66 68 41 54 49" Sale" 58 60 Sate 61)4 Sale 51 88)4 83)4 Sale 99)4 100 Sale 104)4 105 Sale 43"" Sale 54 57 48)4 49)4 84)4 Sate 99 a 100 a 44 a May 45)4 May 75 May 42 May 18 53 V May 19 45 A May 20 49)4 May 58 May 51a May 3 83)4 May 1 84)4 May 19 99)4 May 27 100)4 May 19 1 I { { Jan., 5 107 May 1( Mar. 22 119)4 Jan. 4 Mar. 22 108 a May 2( Apr. 9 10254 Jan. 1< Jan. 21 Apr. 10 Alay May May May Apr. 3 Jan. Jan. Jan. I 60 a Jan. 2( 20 Mar. 56 jan. Jan.,12 10 5a May Mar. 25 104 a Jan. Apr.; 9 108)4 Mar. May May May Apr. Apr. 17 18 14 9 88 ?3* 18 61 19 69 20 65 A 30 91)4 15 105 a ' i May ( Jan. / I I { Jan. Jan. Jan. Feb. i; Jan. 21 NEW 50 YOEK PRICES IN MAY SALES AGGREGATE NEW YORK In Jan. 2 Jan. 1 t Baldwin Lococaotlve 325,000 12,000 7-97.000 31,000 124,000 46,000 4,808,000 248,000 572,000 82,000 398,000 40,000 178,000 71,000 89,000 24,000 924,000 37,000 291,000 60,000 t, 141,000 14,000 t 68,000 20,000 76,000 32,000 V • <s ■V. \ < 562,000 854,000 1,032,000 130,000 1,633,000 375,000 616,000 232,000 224,000 325,000 3,367,000 189,000 188,000 143,000 12,000 223,000 72.000 61,000 22,000 50,000 28,000 390,000 94,000 193,000 183,000 Bid (Continued) BONDS 183% Sale 113% 114 116% 117% 118% Sale Birmingham Elec 4 %a—1968 Birmingham Gas 5s 1959 Broad River Power 5s A_. 195s Buffalo Gen Elec 5s.....1956 1st 5c ref 5s 1939 Sale 98% 105 99% 107 107% 108 105% Sale 112% 112% 103 % Sale 103% 112 113 1956 Carolina Pr Ac Lt 5s Mfg Ac Pow 5s. 1953 Cent 111 Pub Serv 4%f F.1967 Cedar Rap 58 series E 1956 104 5s Series G 1V68 103 M Sale 102 103 «%• series H 1«81 Cent Ohio Lt Ac Pr 5s A..1950 Sale 90 % Sale 95% Sale Central Pow Ac Lt 5s_.—1956 68% Sale 57 1954 69% Sale 72% 74 ; 14,000 27,000 115,000 21,000 4,000 36,000 798,000 99 142", 5o6 29,000 384,000 177",666 :V t^Chlc Rys 5s ctfs of dep.*27 Cincinnati Street Ry 5Msl952 6s series B 1955 78% 81 79% Sale 1943 Cities Service P At L 51*8.1952 _ ...1952 —.1949 5Ms registered.. gold deb 5 M* - 1,026,000 96,000 112,000 80,000 3,000 8,000 6,000 s 1965 3%s series H 621,000 Com'w'lth Subsld 5Ms A.1948 949,000 Community Pow Ac Lt 5s. 1957 520,000 Community Pub Serv 5s A1960 21,000 Conn Ltg At Pow 7s A 1951 37,000 Con sol Gas of Bait 5s....1939 62,000 4M S —1954 i 459,000 84,000 335,000 20,000 20,000 7,000 203,000 51 Sale 103 85% Sale 100% 101% 128 130 109% 111 124% 127 . . 415,000 87,000 300,000 8,000 43,000 74,000 221,000 Continental G At El 6s .—1958 *94% Sale" 179,000 Crucible Steel 5s ...1940 146,000 Cuban Telephone 7%« 1941 81,000 Cuban Tobacco 5s 1944 102% 103% 96% 99 78% 81 167,000 Delaware Elec Pow 5 Ma—1959 46,000 Denver Gas Ac Elec 5s....1949 903,000 Detroit City Gas 5s B 1950 594,000 6s series A -.1947 464,000 ♦Detroit Int Bdge 6 Ma—1952 216,000 ♦Ctfs of deposit..... 155,000 ♦25-yr s f deb 7s 1952 157,000 ♦Ctfs of deposit..... 112,000 Dixie Gulf Gas 6M« 1937 103% Sale 107 108% 105% 106 106% Sale ....... 18,000 19,000 123,000 85,000 20,000 10,000 12,000 32,000 19,000 3,148,000 11% Sale 3% , 10% 4% 3% 130 84 67% 90% 103% 105% 92 95 184 185 115% May 119% May 120 May 4 133% May 20 86% May 73% May 21 May 19 92 20 105% May May 28 106 8 5 1 5 158 158 Jan. 146 Jan. 22 240 22 240 13 225 Mar. Mar. Feb. 143 Jan. 22 227 Mar. Mar. 24 115% Jan. 20 110 113 27 Mar. 22 124 Jan.1 26 114% Mar. 24 125 Jan. 11 130 Apr. 23 145 Jan. 84 6 May 20 99 Jan. 3 67% May 21 88% Jan. 13 90% May 19 101% Jan. 6 103 % May 20 106% Apr. 5 105% May 28 107% Jan. 104 May 5 101 109% May 8 108 100% May 1 97% 113 May 4 111% 98% May 11 94% 104% May 12 100 98 102% May 1 97 May 6 93 101 May 3 98 88% May 5 79% 94 May 7 89 59 53 May 5 60% May 5 52% 55 62% May 4 May 19 94 5 May 92 5 108% May 13 106 108% 107% May 102 May 3 102% May 27 101% Sale 65 65 7 May 27 72 % May Sale 95 May 22 95 May 3 96 97 May 24 98% May 5 99 100 98% 69 May 5 69 May 18 73 71 66 May 4 66 May 18 73 Sale Jan. Mar. May May Feb. Mar. 8 104 52 110 Sale 111% 112% 112 113% 110% Sale 105% Sale 103% Sale Mar. 16 99 May 18 72% Jan. 72 Ji Jan. 75% Jan. May 18 May 28 , 103 Sale 104 May 103 May 73 73 Sale May 78 Sale 97% May 99% Sale 98% 98% 124 127 129 May 127% 126 106 110 107% 107% 107% May 118 May 118% Sale 118% 121 Sale 103 103% Sale 1 28 4 13 19 12 78 9 Jan. 12 May 27 84 Apr. 28 101% Apr. 21 105% May 18 82 May 18 83 Jan. Jan. 7 8 Feb. Feb. 4 Jan. 7 May 102% May 107% May 105 May 106% May 8% May 7 May 2% May 2 May 100% May 102% Sale 108% 108% Sale 106 Sale 106% 106% Sale 108 9 9 Sale 103 107% 105% 107% ;• 8% 7% mm 3 Sale 2% 3% 101% 100 % Sale iH m 11 3 20 17 20 20 26 21 13 17 78% 99% 127% 107% 118% May May May 75 80 10 56 9 112 12 113% 4 113% 10 111% 18 106% 17 106% 7 102% Mar. 12 104 6 73 May 28 90% 21 96% Apr. 12 101 5 126 May 13 130 17 107% May 19 109% 5 118 Apr. 28 125% 98% Apr. 97 73 3% May 2% May 101% May 7 1 Jan. 7 Feb. Jan. 17 8 Feb. 2 May 5 Apr. 26 May 7 May 19 Jan. 11 Jan. 4 Jan. 11 Jan. 8 6 Jan. Jan. 6 11 9 104% Feb. 3 93% Mar. 13 98% Jan. 19 Feb. 1 103% Apr. 27 12 100% Feb. 1 Jan. 22 Mar. 30 80 Jan. Feb. 9 105% Jan. 26 109% Mar. 23 106% Feb. 15 107% May 20 13% May 20 12% 4% 2% May 26 2 May 21 4% 100 Jan. 20 102 1 Apr. 28 13 May 6 102% May 10 106 May 12 103 May 3 105% 9 May 3 8% 7% May 26 7 103% 108% 106% 107% Jan. Jan. May 14 83% May 27 102 14 Feb. 10 Jan. 16 Jan. 75 , 6 4 104 4 20 May Jan. May Apr. Jan. Jan. Apr. Mar. Mar. 75 Sale 8 23 Mar. 23 110 Mar. 10 104 47 May 14 80% May 20 5 Sale 83% May 27 89% May 83% Sale 7 3 103% May 103% 103% 103% 103% 103% May 98 1 98% May 21 99% May 99% Sale ; 99% 73 60 73 9 73 May 1 73% May Sale 80 88 Jan. 18 7 Jan. May 22 May 5 May 5 May May Jan. Apr, 13 100 113 107% 110% 113% May 7 110% 111% May 19 107% 106% May 10 102% May 28 100% 5 104 1 7 May 14 103% Jan. 20 Apr. 1 104% Jan. 25 Apr. 20 94 Feb. 3 Feb. 50 112 19 21 12 May 27 49 May 10 53% 47 110 May 1 111% 112 112 Sale 111% May 17 112 112 Sale May 12 110% May 1 110% 111 105 May 13 106% Sale 5 9 18 14 22 2 25 113 Mar. 22 18 104% Jan. 18 Mar. 24 105 Jan. 11 Mar. 19 104% Jan. 6 65 May 5 22 20 75 71 22 Jan. 4 May*27 65 22 18 114% Jan. 27 105% Jan. .4 80 100% May 4 101% May 12 99% Apr. 28 103 May 4 101% May 14 104% 101% May 14 104 May 4 73% May 27 70 63% May 27 79% Sale 100% 161 100 102 103% 104 74% Sale 68% Sale 3% 9% Jan. 11 Mar. 13 May 12 Apr. 30 Jan. 7 Jan. Mar. Mar. 6 2 2 Jan. 5 102% 102 94% Eastern Gas Ac Fuel 4s A. 1956 886,000 Edison Elec Ilium 3M a 1965 2,861,000 Elec Pow At Lt 5s. ....2030 39,000 Blmira Wat Lt At RR Bs—1956 135,000 El Paso Elec 5s A 1950 530,000 Empire Dlst Elec 5s 1952 564,000 Empire OH Ac Refining 5 Ma' 42 f 118% May May May May 191 101% 101% 101% 101% 100% May 14 101% May 1943 6s A stamped ; 166% 48 Consol Gas Utilities— 3,995,000 94 107% 107% 109 102 102% 102% 68% 70% Sale 96% 95% Sale 99% 98% 100 69% 72% Sale 69% 72% Sale 55 111% 112% 110% 110% 110% 111% 110% 110% 106% Sale 106% Sale —..1971 3%s series N 25 18 27 1 18 21 7 14 28 28 28 18 18 28 118 "75% *76% *69*" Sale" "65% "66"" Con sol G E L At P Bait—- 81,000 91% Sale 54 Sale 56 Sale 55 Sale 92% ♦Commers und Privat 155,000 Bank 5 Ms 1937 183,000 Commonw Edison 4 Ma...1957 233,000 5s series A............1953 184,000 5s series B ........1954 218,000 4Ms series C 1956 2,001,000 4s series P............1981 22,000 37,000 46,000 26,000 59,000 380,000 158,000 102% May 108 May 97% May 112% May 96% May 103% May 101 May 93 May 99% May 83 May 91% May 53 May 52% May 55 May 190 17 10 18 17 3 8 1 80 102% 102% 102% 103% 75% Sale Cities Service Gas 0%«—1942 Cities Serv Gas Pipe L 6s Sale 104 1966 5s..........1950 Cities Service 5s..... deb Sale 6 91 99% 109% 111 102% 104 80% 81% 100% 101% Chic Pneum Tool 5 Ms—1942 Coot Sale Sale 83 May May May May May May May May May May May May May 8 105% May 27 103% Apr. 1 106 104% 105% 105% 105% 104% May May 6 104% Mar. 23 106 105% May 12 106 105% 107 105% 106 Chicago Junction Rya At v, Sale 95% 99% Sale 58% Sale 104% 106 Union Stock Yards 5a.. 1940 Highest Sale Prices 167% 113% Sale 109% Sale Sale Sale Sale 101% 57% 37,000 Lowest Sale Prices 168 119 Sale 92 1948 :: 165,000 148,000 706,000 157,000 143,000 392,000 6,810,000 1,000 867,000 190,000 2,637,000 1,000 1,250.000 177 114 119 102% Sale 94% 96 99% 101 86% Sale 103% Sale Central Power 5s ser D..1957 1,023,00 Cent States Elec 5s 1,855,000 514s 174 103 104 109% 108% 97% Sale 113 Sale 97 Sale 103% Sale 104 103 Highest Sale Prices 179 172 193 193 : 179 Sale 115 . 180 120 120 125 130% 133% Sale 85 .• 85% 86% 88 69 Sale 73% 75 89 92 90 93 103% 104 105% 108 105% Sale 105% 108 103% 108% 100% 112% 97% 1953 Canada Nor Power 5s Chicago 111 Midland Ry— 197,000 s series A......—..1956 ' Sale ♦Canadian Pacific Ry 6s. 1942 54,000 5.000 ;) 184 123 Sale 123 % 124 141 145 98 % Sale 85 87 Bethlehem Steel 6s..-...1998 205 105 Sale 190 Lowest Ask Bid 180 190 153 115 w w 862,000 Cent States Pr At Lt 51*8.1953 Chicago Dlst El Generating 324,000 414s aeries A. .........1970 14,000 6s series B .1961 <■ : Ask , 171 166 Sale 162 M 165 166 stamped 1938 ♦6s without warrants—.1938 ♦6s x-w stamped —1938 Bell Tel of Canada 5s 1955 1st M 5s ser B June 1 1957 5s series C_.—.......1960 ♦6s Bid Works warrants....—1938 ♦6s with Ask Sale Prices May 28 May 1 1937 $ % RANGE SINCE JAN. 1 Price CURB EXCHANGE Since May 1 EXCHANGE CURB 101 Sale 85% May 22 86% May 12 85% Sale 85% May 22 95% Jan. 22 5 100% Mar. 23 109 103% 104% 103% 104% 102% May 14 104% May Jan. 8 4 81% May 27 84% May 83% Sale 81% Sale 78% Apr. 28 96% Jan. 27 110 Sale 103 May 1 102% May 22 115 103% 102% May 22 110 Feb. 11 101 102% Sale 102% 101% May 7 102% May 19 101% May 7 104% Mar. 8 94 6 |97 95% 97 96% May 20 98% May 4 96% May 20 103% Jan. 86 88 Sale May 27 90% May 10 90% Sale 93 % Jan. 86 May 27 5 108% 108% 93% Sale 108% 113 103% 104% 103 103% 92% Sale 86 Sale 65 69 70 70 107% 105% Sale Brcole Marelli Elec Mfg 83,000 13,000 22,000 : 6 Ma V 1,000 75,000 63 1953 1967 106,000 Erie Lighting 5a Sale 107 105% 106 3,000 ♦Farmers Nat Mtge Inst 7s.*63 530,000 Federal Water Serv 5MS-1954 32% 29% 91% 91 Finland Residential Mtge 66,000 296,000 146,000 11,000 2.783,000 12,000 31,000 33.000 2,000 303,000 107,000 270,000 15,000 66,000 28,000 11,000 82,000 r5,000 1,000 59*666 449,000 42,000 354*666 12,000 82,000 3,000 17,000 6,000 v < 219,000 241,000 133,000 67,000 649,000 48,000 12,000 10,000 582,000 1954 6s series B Gen Bronze conv deb 6s. 1940 Gen Pub Serv Co 5s 104 1953 105 97% Sale 101 101% 102 Sale 103% 104% Gen Pub Utilities 6Ma A.1956 95% Sale 88 89 ♦Gen Rayon Ltd 6a A....1948 68 70% 75 78 t^Gen Vending Corp 6s.. 1937 ♦Ctfs of deposit..... 24 24 28 20 25 26% 20 Gen Wat Wks Ac El 5s A—1943 94 95 88% 2,648,000 Georgia Power ref 5s 104% Sale 87% 88% 1967 1978 308,000 Georgia Pow Ac Lt 5a 27,000 ♦Gesfuerel 6s..... ......1953 1,854,000 Glen Alden Coal 4s..—..1965 374,000 Gobel (Adolf) deb 4Ma ..1941 567,000 Grand Trunk West Ry 4s 1950 18,000 Great North Pow 6s stpd 1950 214,000 Grocery Store Prod 6s 1945 59,000 Guantanamo Ac W Ry 6s_l958 34 86% Sale 88 85 104% 107% 109 87% 90 58 61 104 238,000 5s series A............1948 68 70% 32,000 14,000 159,000 142,000 178,000 877,000 9,000 31,000 570,000 115.000 204,000 5,000 405,000 69,000 Hackensack Water 5s A..1977 103 104% "3*666 44,000 36,000 74,000 53*666 12,000 1938 99 6a 28 155"" ' 1 . " • 78 77% 1949 79 80 V:'• ' '■ :• 103 104% 104% —1943 • ioo% 101 'Hungarlan-Ital Bk 7M*-1963 1949 Hygrade Food 6s.aer A 6a series B Sale 26 ♦Hamburg Elec Co 7a 1935 ♦Hamburg E Ac Und Ry5%«'38 Heller (W E) Ac Co 4s w w.1946 Houst Gulf Gas 6M* w w.1943 For footnotes see page 63* •* ^ • - 105% Hall Printing 6s A stpd.. 1947 „ 75 17 90 86% Sale 90 Sale 73 27 Sale 25 >) 35 Sale 83 79 77 98% Sale 106% 88 Sale 55 61 57% 59% /. <?* •. -.v • • " . ■ '■ 25 86% May 28 84 May 28 72% May 14 37 79% May 80% 79 77% 79% 77% May 99% Sale 98% May 106% 106% May 87% 89 87% May 52 55 51 May 53' 56 ■ V ■ t'y '• I . ' ' '■ , } '*• V---* fv .• > | . 1 24 3 17 27 20 May 20 52 C 84 3 63 Jan. 2 73% Feb. 105% May 28 108% Mar. 6 May 13 May 1 May 13 77% May 27 33 33 May 13 13 93% Jan. May 20 101% Jan. 13 102% May 19 103% Mar. 29 105% May 4 103% Jan. 14 105 May 20 96 94 Jan. 9 May 6 87 Apr. 27 100% Feb. Mar. Jaq. 16 Jan. 4 21% Apr. 15 25% Feb. 97 Jan. 86 % May 28 84 May 28 105% Jan. Jan. 70 Apr. 9 88 Apr. 21% Mar. 27 27 *82% May" 11 76% Apr. 28 89% Jan. 79% May 25 77% May 24 89% Feb. 100% May 11 Jan. 97% Mar. 23 105 106% May 17 106% Jan. 7 106% Jan. 90 May 4 86% Apr. 29 94% Jan. 54 May 26 Jan. 51 May 20 62 May 97% May 75% May 58% May 4 4 4 4 52 May 20 9 3 7 Jan. 99% May 5 97% Apr. 22 101% Jan. 101% May 12 100% Apr. 15 104% Jan. 102 May 5 99 Mar. 6 102% Jan. 101% May 7 98% Feb. 18 101% Jan. 97% May 5 91% Apr. 3 101% Jan. 103% May 11 101 Feb. 15 104% Jan. 89% May 8 82% May 19 99% Jan. 76 May 4 Mar. 70% Jan. 22 77 19 May 6 26 Feb. 19 May 6 90 4 6 5 21 25 21 13 9 30 22 19 3 29 12 5 30 16 3 5 7 23 22 75% Jan. May 11 102 Jan. 21 103% May 21 104 Apr. 13 106 109 May 10 109% May 18 108 Mar. 17 109% Jan. 12 98 May 3 100% May 18 9 97% Apr. 28 102% Feb. 103% 106% 103% 104 109% 109% 97% 99 99% Sale 27% 35 28% 24 Sale 22 ; 24 98 98% 95 97% 104% 105 101% 103 104 Sale 104% Sale 33% 50 33% 50 80 Sale 79% Sale 80 Sale 79% 82 (1 , 98% Sale 97% May 1 100% May 25 100% Sale 101% 101% 100% May 14 101% 101% 100% May 10 95% Sale 95% May 24 103 Sale 103 May 14 83% Sale 82% May 19 74 May 6 76% 75 17 22 19 May 6 26 Sale Sale 97 Guardian Investors Corp— 24,000 5a 33 100% 100% 100% 96% 101 103 101 1941 1941 6s Sale 95 94 First Bohemian Glass 7s_ 1957 Gary Elec At Gas— 688,000 5s ext stamped .....1944 1,493,000 Gatlneau Power 5s......1956 ' May 13 77% May 27 Sale Sale 101% 99% 100 100 100% 104 Florida Power At Lt 5s 33 50 79 100% Sale 101% 102% 102% 103% 1961 32% 76% 101% 102 101%' —.i. 101% May 3 102 104 104% Sale 104% 105 May 8 105 104% 104% 105 105% 103% May 7 105 94 94 94 98 94 97% May 20 91% Sale 90% 90% 89% May 22 93 Firestone Cotton Mills 58.1948 Firestone T Ac R Cal 5s..1942 6s stamped 50 Sale 84 69 May 22 70% May May 105% May 28 107 23 22% May 3 24 97 May 13 98% 101 May 17 102 101% May 18 104% 79 May 13 79% May 7 • ■. . m ■ , 81 82 May 28 May 4 May May 5 May May 3 3 1 *'■ • ^ Jan. 18 20% Mar. 29 27 Mar. 12 26% Feb. 9 Mar. 22 104% Feb. 4 Jan. 8 Mar. 13 102 Mar. 5 101% May 18 105 31% Mar. 9 33% Apr. 13 97 98 76% Mar. 30 77 Mar. 31 V.' r / ; 88% Feb. 9 86% Feb. 16 June, 1937] aggregate YORK-CURB NEW sales In -79,000 559,000 ;H 2,000 10,000 5,000 221,000 68,000 128,000 811,000 400,000 136,000 12,000 33,000 96,000 64,000 12,000 5s series C 1,000 '201,000 1,183,000 58,000 7,000 6,000 25,000 41,000 33,000 438.000 143,000 ■ Sale Prices 105*4 106 104 104 m Sale 97*4 Sale Sale 102*4 Sale" 105*4 100' 97 "95" "98" 105 96 Sale Sale 103 Sale 97 "98" Sale 102*4 99 87 "97" 100 Sale 87 Sale 106*4 107 x 1st Ac ref 5s——.—.—1955 . 99 x 100 l09*4 110 104*2 106 Indiana 8errlce 5a...—1959 1st Hen Ac ref is 1943 77 Sale 76 x Sale ♦Indianapolis Gas 5s A—1952 tnd'polis P Ac L 5s ser A—1957 ♦{Intercontlnents Pow Co— 81*2 .1948 Deb 6s series A--. 1,225,000 ilnternat Securities 5s. .1947 82 H Sale 105 May 17 109 100 May May 107*4 May 97*4 May 22 102*4 May 26 105*4 May 3 97*4 May May May May May May May 19 13 ~ 13 11 May 6 "98*4" May" **5 "' Majr 13 102 May " 11 91 May1 May • 4 100 87 107*4 107 107 May 89*4 May 93 " 110*4 Mayt „:6 110*4 107 107*4 106*4 May 11 107 68*4 May 13 71 Sale 67 May 18 70*4 §8* ' Sale 70 70 > May 28 73 105*4 106 105*4 May 8 106*4 91 — 107 Sale "Sale 72 Sale May 5 May 19 May 6 May 26 May 7 May 8 May 6 May 4 6*4 72 74 71 70 Sale Sale 65 76 Sale ■ 74 69 107*4 107*4 101*2 102 Sale —.1956 91 Sale Sale 107*4 101*4 58*4 44*4 i 65 7*4 1 6*4 May 19 70 70 76 74 69 Sale 66 65 May May May May May May May 107*4 107*4 Sale 107 *4 Sale 101*4 101*4 101*4 Sale 52*4 Sale 52*4 Sale 38*4 Sale 38*4 8*4 May 12 17 70 ■ 1 75 20 71 8 109 > 14 101*4 28 62*4 28 48*4 May 8 May 1 May 8 May 25 May 1 May 3 May 4 Interstate Public Service 109,000 140,000 77,000 45,000 522,000 6s series D 853,000 4H» series F 373,000 Iowa-Nebraska 131,000 5s Series B —1961 74,000 Iowa Pow Ac Lt 4*4* A 1958 486,000 Iowa Pub Serv 5s_———1957 20,000 108,000 6,000 - 196,000 Isarco Hydro-El 7s 17,000 Isotta Fraschinl 7s mooo 1,327,000 52,000 39,000 142,000 1952 • Italian Superpower 4s 5,000 Kansas Sale 85 Sale 66 70 1943 233,000 Jersey Gent P Ac L 5s B—1947 873,000 4H« series G —1961 • 87*4 103*2 104 104 104 *4 105*4 105*4 105 x Sale —1942 264,000 JacksonvllleGas 5s atmpdl942 2,000 18,000 86 x 1958 L At P 5s—1957 55 53*4 54*4 103 % 104h 105*4 Sale El Pow 3h» 1966 Gas At Elec 6s 2922 121 Sale 176,000 Kansas Power 5s A —1947 851,000 Kentucky Utilities 5s..—1969 701,000 5s 1961 263,000 6H« series D 1948 103 103 x Sale 114,000 Kansas 51,000 94,000 118,000 99,000 13,000 44,000 971 981 107 101,000 u Sale 1955 1071 1021 102 1943 104 IHs series F 144,000 Kimberly Clark 5s A .— ?2*i 77 Sale Sale 102*4 Sale 102*4 Sale 105*4 106 102 103*4 75 69*4 73 58 79*4 Sale 75 100*4 Sale Sale 102*4 Sale 105 106 103*4 Sale 59*4 69 75 75 84 79*4 May 28 74*4 May 27 100*4 May 28 101 May 14 106 May 3 May 6 May 19 85 May 10 79*4 May 8 103*4 May 10 103*4 May 8 106*4 May 26 104May 26 72*4 May 13 84 100*4 Mar. 30 102 Mar. 22 96 Apr. 101*4 Mar. 95*4 Apr. May Apr. 93 Apr. 100 85 107 Feb. 89*4 109*4 105*4 67*4 May Feb. Mar. May 67 1 May 70 l May 103*4 Mar. 54*4 Sale 53*4 May 25 59 *4 May 12 49 Sale 50 49 May 28 51*4 May 12 104 104*4 104*4 105*4 104 May 4 104*4 May 20 104*4 104*4 104*4 Sale 104*4 May 3 104*4 May 7 93*4 98 117*4 120 94*4 May 117*4 118*4 117*4 May 102*4 Sale 101*4 May Sale 90*4 91*4 82 82 May Sale 84 91*4 Sale 84 May 102 104 Sale 99 98*4 May 98 Sale 92*4 Sale 92*4 May 102*4 103 101*4 Sale 101*4 May 101 , 94*4 118*4 102*4 92*4 93*4 May May May May May 103*4 May 100 May 103*4 May 102 17 5 17 12 8 5 12 20 ; 65 106*| Jan. 11 106*4 Feb. 4 9 104*4 Jan. 8 8 102*4 Mar. 8 30 105 Jan. 22 13 106*4 Jan. 20 29 99 Jan. 14 1 93 , Apr. 1 18 107 • 4 101 Feb. 18 Jan. 8 24 110*4 May 6 17 107 May 26 13 79*4 Jan. 18 78 7 7 Jan. 28 82*4 Jan. 7 12 106*4 Apr. 21 6*4 May 19 14*4 Jan. 14 77 Jan. 21 83*4 Feb. 8 10 Apr. 5 73*4 Apr. 16 May 20 Feb. 66 81 Mar. 20 109 105 May 25 100*4 Jan. 25 102*4 Mar. 13 52*1 May 28 76*4 Jan. 18 38*4 May 28 69*4 Jan. 11 79*4 May 28 96 74*4 May 27 88*3 100*4 May 28 105 *3 101 May 14 104*1 5 106*3 104*4 Apr. 99*4 Mar. 17 105*1 66 Jan. 2 79*3 72 49*4 Highest Sale Prices 106*4 Mar. 17 109 Jan. 7 99*4 May 5 101 *4 Jan. 4 106 Jan. 4 107*4 Feb. 2 90 Apr. 8 99*4 Jan. 21 r.'t ' 69 73 69 1957 4a 107 93 89 110*4 106*4 69*4 68*4 69*4 106*4 13*4 Sale 1952 Interstate Power 5s Debenture Lowest Sale Prices 108 96 h Sale 105 *2 105 h 101h 101*4 Indiana Gen Service 5s_.194S 213,000 Int Pow Sec 6 H« series C_ 1955 173,000 7s series E 1957 119,000 7s series F —.1952 138,000 International Salt 5s 1951 2,879,000 988,000 Highest Sale Prices Ask 108 —1951 Indiana Hydre-Klec 5s A. 1958 Indiana Ac Mich El 5s 1957 676,000 Ask Bid Bid Lowest 108*4 108*4 109 108*4 100 100*4 100*4 99*2 107 107*4 106*4 107*4 106*4 Sale 93*4 93*4 Sale 93*4 102*4 Sale Sale 100*4 108 -——-1951 5s G registered May 28 106 1*47 ■ 6,000 ■ May 1 Ask 109 Bid - 350,000 Illinois Central RR 6a 1937 198,000 Illinois Nor Uttl 5s 1957 577,000 Illinois Pow Ac L 5H« 1957 587,000 5H« series "B" 1954 4s series A..-..1,441,000 1953 6s series G 1,993,000 -1954 9,000 5s registered —-1956 271,000 Indiana Elec Corp 4s A-.1947 72,000 *H« series B———,-1953 11", 666 f '■p 1 Jan. 2 1937 $ BONDS (c<mti»u*&) 240,000 Idaho Powar Go 5« range since jan. Price Jan. 1 $ 39,000 55,000 38,000 111,000 128,000 287,000 377,000 51 prices in may new york curb exchange Since May EXCHANGE Jan., 80 53*4 May 25 46 ; 71 •: Jan. 23 Jan. 22 Feb 9 Feb. 8 May 26 Jan. 5 Feb. 23 Feb., 5 Feb. 1 , Mar. 22 56*4 Jan. 26 103 Mar. 9 105*4 Apr. 22 102*4 Apr. 12 105*4 Jan. 18 t 94*4 May 17 97*4 Mar. 12 117*4 Apr. 14 121*4 Jan. 18 100 Mar. 19 104*4 Jan. 82 May May 98*4 May 92*4 May 27 27 99*4 99*4 28 107*4 28 103*4 101*4 May 28 104*4 84 Jan. Jan. Jan. Jan. Jan. 19 23 15 16 25 21 Lake Superior Dist Power— 37.000 445,000 471,000 3*4 s series A —.—1966 1,314,000 Lehigh Pow Secur 4a 2926 43*666 71,000 23,000 7,000 119,000 : 4,000 230,000 359.000 135,000 133.000 5,000 4,000 218,000 584,000 603,000 22",000 76,000 181,000 107,000 3,000 42,000 77,000 111,000 25,000 45,000 154,000 Long Island Ltg 6s 105 % 106 —1945 Manitoba Power 5 Ho—1951 ♦Mansfield Mining At Smelt— 7s Ex-warrants.. 1941 {♦McCallum Hosiery 6H®*941 1943 Memphis P Ac L Ssser A..1948 Mengel Co 4H» —.1947 McCord Rad Ac Mfg 6s 98 99*4 15 40 . 102 13,000 44,000 359,000 Sale 99*4 Sale 92*4 931k 06 x 106>i Sale 105*4 95*4 97 *4 107 *4 77*4 106 Sale Sale 108*1 78*1 99 x 100 Munson 37,000 53,000 50,000 82,000 12,000 55,000 39,000 158,000 72,000 Steamship Line ♦6H« ctf« of dep w w_.1937 214,000 Nassau At Suffolk Ltg 5s. 1945 520,000 Nat Pow Ac Lt 6s**A" 2026 12 *4 105 x Sale 2030 93 727,000 {♦Nat Pub Serv 5s G O D-1979 88,000 Nebraska Power 4a 2022 191,000 4Hs 1981 171,000 Nelsner Bros Realty 4a.. 1948 Sale 102 ^ 93*1 48 Sale 1,056,000 Deb 5s series B 1,150,000 Nevada Calif Elec 5s 102*2 124 *4 129 107*2 108*4 109*4 110 1956 203,000 80,000 266,000 283,000 208,000 271,000 New Amsterdam Gas 5s„ 1948 1,734,000 New Eng G At Elec Assn 5sl947 644,000 5s 1948 1,598.000 Conv deb 5s .....1950 1,843,000 New Engl Pow Assn is...1948 Deb 5Ha 1,834,000 1954 138,000 42,000 3,000 25,000 213,000 261,000 488,000 706,000 51,000 114,000 1,398,000 1.108.000 120*4 121 78 78 x 78 x Sale 78*4 Sale 100 x Sale 101*2 101X New Orleans Pub Serv— 265,000 79,000 297,000 397,000 717,000 294,000 501,000 58,000 ■ 79,000 1,000 108,000 193,000 51,000 2,000 30,000 35,000 144"666 10,000 527,000 29,000 1950 408,000 273,000 217,000 78,000 293,000 83,000 1,021,000 1,267,000 441,000 •, 95 ; 92 x 88 105 89*4 Sale 78*4 84 Nor Cont Util Nor Ind Pub Serv 5e.... ,.1966 5s series D_—..... .1969 4Hs E .1970 Northwest Elec 6s atpd. .1945 Nor'west Pub Serv As A. .1957 Ogden Gas Co 5s .1945 Ohio Power 5s series B— .1952 4 H* series D .1956 Ohio Public Serv 6s G... .1953 5s series D 5 Ha series B ........ .1954 ..... .1961 OklaNat Gas4Hs A .1951 Conv deb 5s.......... .1946 Okla Pow Ac Water 5s A. .1948 53. 86 96 103 x 87 Sale 5Hs A.... .1948 Nor Indiana G At E 6s... .1952 see page 102 107*2 108" 105*2 Sale 105*2 Sale 103 x 103*4 104*1 105 104*2 105 110*4 1103. 105*2 105*4 109 104! 1103 1043. 104*2 104 105 Sale 99*4 Sale 103*4 Sale 94*2 Sale 4 92*4 May 18 105 Jan. 6 22*4 May 6 Sale Sale 6 May" 25 91 111*4 106*4 Sale 93*4 101*4 91* Sale 85 Sale 100 Sale 97*4 103*4 102*4 Sale Sale 11" 108*4 108*4 76 95 7*4 May May May May May May May May May May May May May 70*4 94*4 86 90 75*4 Sale 44*4 Sale 117*4 121 89*4 80*4 Sale 87*4 May 79*4 May 99*4 100 99*4 May 107*4 108*4 107 May 105*4 May 105*4 Sale 100*4 Sale 99*4 May Sale 111*4 111*4 112* 114 101 Sale 112 100 28 99*4 15 112 14 105*4 92 1 17 90*4 28 104*4 1 99 27 104*4 28 85*4 19 91*4 27 109*4 14 73*4 27 95*4 6*4 May 18 88 103 102*2 112*4 113 May 22*4 May i N Y State K Ac G 4Hs. ... 94 22*4 May 103*4 May 85*4 May 74 May 44 May 18 121 117 May 10 Sale Sale 108 108 May 36*4 107*4 104*4 106*4 104 May Sale 82 *9*4 Sale 80*4 May 14*4 115 117*4 118 114*4 May ro Sale Sale 66*4 May Sale ro*4 Sale 65*4 May Sale 39*4 Sale 65*4 May 90*4 Sale )2*4 Sale 89*4 May 36*4 Sale 93 93*4 Sale May 107 Sale 92*4 May 18 104*4 Sale 15*4 96*4 *4*4 Sale 15*4 Sale 105*4 Sale 100*4 Sale 1980 94*4 40 65 7*4 Sale 34 May May May May May May May May May May May May May May 7*4 May 88 • 106 107 9,8 99 Sale 90 Sale 107 97*4 Sale Sale 102 88*4 Sale 106 107*4 May 105 May 105 May 109*4 May 103*4 May 106*4 May 97*4 May 96*4 May 88*4 May 112*4 104*4 86*4 93*4 57*4 * May 106*4 May 105*4 May 110 - May 106 May 106*4 May 98 May 102*4 May 91*4 May Sale 105*4 105 Mar. 29 118 Feb. 13 19 7 103*4 May 85*4 May 74 93 May May Mar. Mar. May May Apr. May May May May May 86 Mar. 44 116*4 107*4 104 80*4 113 66*4 65*4 65*4 89*4 79*4 Mar. 99*4 May 103 105 Apr. 99*4 May Jan. Mar. Feb. Jan. 106 Jan. 99 Jan* 100*4 Jan. 109*4 Apr. 84*4 Feb. 100*4 Feb. 14*4 Jan. 107 11" ifo* 95*4 92 103 111*3 106*3 105*3 110*3 106*3 107 100*1 108*1 108*4 Mar. 103*4 Mar. 105 96 96*4 May 88*4 Apr. 105*4 Jan. 115 4 May 22 7 1 112*1 May 7 May 14 104*3 86*3 100*1 69*1 Jan. Jan. 108 May 107 Jan. Jan. Jan. Jan. Jan. 105 100 4 108 Mar. 24 119 Feb. Mar. 8 117 73*4 May 19 93 3 99*4 Mar. 17 1021 91 May 13 1053 99*4 May 11 1053 5 20 10 6 14 26 12 23 4 Jan. 7 Mar. 24 May 1 Feb. 8 Apr. 27 Apr. 27 Jan. Jan. Jan. 19 Jan. Jan. 23 94*4 Mar. 24 102*4 Jan. 113 May" Jan. Apr. Jai Jai Jai 104*4 109*4 106*4 104*4 104*4 Jan. Feb. Ja: 85 106*4 Apr. Mar. May 106*4 Jan. 9 0 84*4 101*4 102*4 1 100 Apr. 3 110 6 Mar. 10 20 99*4 121*4 84*4 7 84 91 47 5 17 21 5 18 107*4 Fe 105*3 104*1 105*1 May 10 May May Mar. 99*4 97*4 106*4 102*4 100*4 Mar. 94 *£ May 102*4 Feb. 95 Apr. 97*4 99*4 97*4 98 97 May 24 100 113*4 114*4 113*4 114*4 77*4 Sale 74*4 Sale "73*4May"l9 "7754 101 102 101*4 102*4 101: May 7 101*4 98*4 Sale 91 93*4 Sale May 13 99*4 102 Sale 100*4 102 99*4 May u 102 20 101*4 May 14 107*4 Jan. Feb. 110*4 Apr. 100 Apr. 8 4 27 10 26 12 3 14 May 25 104 May 28 104 7 14 13 3 28 , 6 6 12 5 21 10 101*4 102*4 115*4 118 87*4 Sale 165*2 60 8 1 29 25 19 91 50 99 6*4 May 18 106*4 106*4 105*4 105*4 106*4 May 21 106*4 May 21 115*4 Sale 116*4 Sale 115*4 May 5 118 May 21 105*2 23 5 Feb. 19 Mar. 10 Jan. 30 Jan. 5 1 105 x 106 119 120 102*4 Sale 26 17 12 10 11 May 5 82*4 May 7 100 May 14 108 May 21 106*4 May 5 101*4 May 8 109 85 6 90*4 Apr. 9 85*4 May 17 loo May 28 95 Apr. 5 loo*4 Mar. 25 78*4 May 28 84 May 19 l07 Feb. 25 70*4 May 14 94*4 Apr. » 9 93 107 108 108*4. Sale 105*4 105*4 106 1 Sale 105*4 Sale 105*4 105*4 109*4 111 109*4 Sale 106 106*4 103*4 Sale 103 25 4 25 28 3 11 11 5 May 5 May 4 86*4 May 8 45*4 May 17 118 May 11 110 May 1 106*4 May 3 90*4 May 4 117*4 May 22 72*4 May 5 72*4 May 72*4 May 94*4 May 96*4 May May May May May May 108 May 104 May 103*4 May 100 May 104*4 May 100*4 May 102 88 1 4 105 97 May 101*4 May 86 May 93 Sale 93 94*4 93 May 56*4 Sale 47 57*4 Sale May 107*4 108 107*4 109*4 107*4 May 102*4 104 101*4 101*4 101*4 May 103 i. 103*4 101*4 Sale 101*4 May 96*4 98*4 96*4 Sale 94*| May Sale 103*4 104*4 104 103 May 97*4 Sale 99*4 100*4 97*4 May 86*4 Mar. 12 101*4 Jan. 9^ 100*4 May 12 111*4 Jan. Mar. 17 19*4 Apr. Mar. 22 105 Jan. 103*4 Mar. 23 106 Feb. 103*4 Feb. 24 105*4 Feb. 104' ' Feb. 1 107 May 103 Apr. 8 106*4 May 91*4 99*4 Sale 99*4 100*4 101 91 108 110*4 Sale 105 105*4 103 Sale 90*4 87*4 90 90*4 104 104*4 100 97*4 Sale 98 103*4 Sale 102*4 85*4 86 78*4 89*4 90*4 85*4 108*4 109*4 108*4 76 73*4 68 95*4 96*4 94*4 Sale 106 94*4 102*4 20*4 22*4 105*? 64,000 Pacific Coast Power 5s...1940 433,000 Pacific Gas At El 6s B 1941 Pacific Investing 5s A—.1948 Without warrants.— 250,000 12,000 Pacific Ltg At Pow 5s 1942 1,779,000 Pacific Power At Light 5s.1955 34,000 Palmer Corp of Ls 4s 1938 1,453,000 Penn Cent Lt At Pow 4Hs 1977 5s 1976 112,000 For footnotes 87 x 103 93 108*i 109 x .... 16,000 76,000 40,000 14,000 64,000 27,000 85,000 38,000 40,000 24,000 N Y Gent Elec 5Hs 92 25 N Y Pa & O RR W atpd.1950 N Y P At L Corp 1st 4 Hi-1947 55,000 N Y At Westchester Ltg 5s '54 4s 181,000 .2004 127,000 Nippon Elec Pow 6Hs.. -1953 543,000 Nor Amer L Ac P 5Hs A.. .1954 14,000 60,000 59,000 98,000 ♦5s stamped..—......1942 ♦6s series A 1949 95 94*4 May 4 95*4 May 14 Sale 100*4 May 12 108*4 May 3 25 102*4 103*4 103*4 Sale 103 May 5 103*4 May 28 104*4 Sale 104*4 105*4 104*4 May 7 105 May 5 105*4 104*4 May 14 105*4 May 5 106 Sale 105*4 106" 105*4 May 26 107 May 3 104*4 105*4 105*4 Sale 104*4 May 3 106*4 May 14 20 55 101*4 103*4 104 Minn Pow Ac Lt4HS—.. 1978 1st Ac ref 5s .....1955 94*4 Sale 108*4 Sale 21 105 x Mississippi Pow 5s —1955 Miss Power Ac Light 5s—1957 174,000 Miss River Power 5s 1951 191,000 {♦Missouri Pub Serv 5s A-*47 166,000 Montana Dakota Util 5Hs'44 4,000 105 *4 105 x 1971 Middle Sts Petrol 6 Hs A. 1945 Midland Valley RR 5s 1943 Milwaukee G L 4 Ha 1967 1,293,000 22,000 103*4 105 Lone Star Gas Corp 5s.-.1942 499,000 Met Edison 4s series K 107,000 530,000 294,000 663,000 199,000 777,000 OQ 103 h 104 104 *4 105 ♦ 108,000 4,000 • Lexington Util 5s .—1952 Llbby McNeill Ac Libby 5s 1942 842,000 Louisiana Pow At Lt 5s._.1957 6,000 101*4 Sale 110*4 Sale ♦Leonard Tiets Inc 7Hs-1946 Jan. Jan. Jan. Jan. Jan. 11 19 4 8 14 16 2 2 18 NEW 52 aggregate In NEW YORK Price CURB EXCHANGE Jan. 2 Jan. 1 1937 829,000 man Electric U eerier enn-Ohlo Kdleoa 4a Without warrants.. 113.000 70,000 963,000 Phlla Blec Power §Ha....l*72 188,000 Phlla Rapid Tranalt 4a..l*42 Piedmont Hydro-Electric Co 6 Hi a aerlea A 644,000 1960 Jttaborgh Coal 4a......l*49 30,000 ..1*48 212,000 Plttaburfth Steel 4a 46,000 ♦Pomeranla Blec Co 4a... 1*51 544,000 Portland Gaa It Coke 5a. 1*40 259,000 Potomac Rdlaoa 5a aer E.1954 203,000 4Ha aerlea P 1*41 120,000 Potrero Sugar 7a atampedl*47 98,000 Power Corp of Can 4Hs B 1*59 162,000 Power Securltlea Corp 4a. 1*49 107,000 16.000 32,000 1.000 23,000 1,000 35,000 73,000 12,000 2,000 12,000 9,000 6,000 13,000 43.000 4,000 29,000 51,000 77,000 140,000 65,000 95,000 273,000 55,000 133,000 1954 ♦Prussian Blec 4a , \ 3,000 1,000 390,000 279,000 518,000 28,000 33,000 73,000 146,000 5,000 4,000 . v "21H 78H Sale Sale 106 106 1065* ,38* 100 79 101 1005* 101 205* 25 104 105 144 105 1133 1033 1033 103 H 106 Sale Sale 925* Sale 105 1055* {♦St Louis Gaa Ac Coke 4a. *47 225* 265* 24 175* Sale Safe Harbor Water Pr 4Ha *79 106 107 San Ant Pub Senr 5a B 106 1065* 1958 San Joaquin L Ac P 4a B..1952 48.Q00 Sauda Falla Co 5a 107 108 ....1*55 , . ( 13,000 28,000 199,000 271,000 90,000 237,000 48,000 - i 150,000 151,000 1,482,000 1,918,000 803,000 854,00,0 314,000 1325* 1085* 110 .... 25 103 May May May May May May May May May May May 3 110 1025* 102 5* 1025* 1045* 100 73 70 Sale 78 Sale 85 1055* Sale 1005* 100 H 885* Sale 695* Sale 80-5* Sale 1035* 1045* 104 1035* 1055* 1045* 105 24 24 20 205* - 13 155* Sale 108 Sale 1035* 1045* 1045* 1285* 1275* 129 1105* 1095* 110 106 15 3 4 1025* 1075* 1035* 1035* 1035* 085* 1035* — 104 104 1045* 715* 100 Southeast PAL 4a 2025 1075* Sale 11960 3Ka series B July 11960 Debentures 394a......1945 1st A: ref mtge 4a 1960 1075* Sale Sale 1075* Sale 1055* 1065* 109 111 103 85 Sale 352,000 539,000 210,000 439,000 240,000 ' 33,000 v' * 73,000 92,000 74,000 55,000 237,000 146,000 of California AH* 1968 Southern Indiana Ry 4a. 1951 S'western Assoc Tel 5s A.1961 Southwestern L Ac P 5a..l957 Southwestern P Ac L 4a. .2022 111,000 S'western Pub Serv 4s A. 1945 628,000 {♦Standard Gaa Ac Elec 4a.*35 ♦6a Certifs of deposit—1935 958,000 ♦Con* 4a 1935 480,000 ♦6s Cony ctfs of deposltl935 560,000 4a 1951 1,684,000 4s 1946 1,464,000 ... Standard Invest BH* 12.000 1939 132,000 1957 2,648,000 {Stand Power Ac Lt 6a ...1950 1,620,000 ♦Starrett Corp 5a__ Stinnes (Hugo) Indus— 7s 2d stamped 136,000 ..1940 7s 2d stamped 147,000 ....1946 266,000 Super Power of 111 4Hs—197t 4 Ha 1968 342,000 23,000 Syracuse Ltg 5a B 1957 1st tc ref lHa 62,000 1954 30,000 16,000 504,000 fenn Elec Power 5a >297,000 Tenn Pub Serv 5s 16,000 470 000 299,000 54,000 28,000 27,000 60.000 , ...1956 1970 Sale 1025* 103 1035* Sale 995* Sale 1045* 106 905* Sale 89 905* 905* Sale 89 915* 915* Sale 905* Sale 1005* 1015* 885* Sale 40 41 45 47 45 1045* 1045* 1075* 1075* 47 1055* 1055* 1085* 1085* 955* 96 81 83 4 55* 14 27 27 27 235* May 13 May 12 20 265* 55* 05* 35* 35* 105 1075* 885* 165* 15* 85* 7 05* 25 70 Sale 93 Sale May 28 11% May 20 93 94 May 28 101 94 1005* May " 103 1025* Sale 1025* 100 May 1025* 1025* 106 105 May 1055* 106 1065* Sale 1045* May 14 1065* 1035* 103h 775* 7751 975* 975* 1015* Sale 92 Sale 104 1045* 103 5* 76 765* Sale 935* 935* Sale 1015* 1015* Sale 86 875* 86 1005* 715* 70 715* 104 1025* 103 Sale 73 Sale 72 805* W* 80 79 795* Sale 79 81 795* Sale 79 805* 705* ?}4 Sale 715* Sale Sale 97 985* 695* Sale 385* Sale Sale 99 73 775* Sale 325* Sale May May May May May May May May May 70 May 685* May 685* May 385* May 13 655* May 22 32 May 7 755* 755* 8 19 15 14 26 5 29,000 227,000 2,000 164,000 7,000 *65,000 6^s aerlea A 1,452,000 23,000 1,105.000 1953 Texas Elec Service 5s ♦ I960 Texas Gaa Utilities 6a..1945 Taxas Power Ac Lt 5a 1956 6s.. 2022 49,000 420,000 Tide Water Power 5s A...1979 665* Sale 1055* 1055* 38 40 1055* Sale 112 102 103 Sale 71 1005* Sale 31 345* 71 685* May 1005* May .30 May 1045* May 1065* May 935* May 695* Sale 1015* Sale 31 Sale 1055* Sale 107 110 1065* 108 955* 965* 945* Sale 105 1st mtge gold 5a 816,000 Ulen Ac 22,000 31,000 1,275,000 49,000 29,000 120,000 67,ooo 27,000 42,000 182,000 101,000 ^.119,000 1 > 12,000 ;, * 5.000 2.000 ■v 50,000 .116,000 42.000 ; V 116,000 35,000 8,000 30,000 25,000 // 1962 1,383.000 Twin City Rap Tr 5Hs A.1952 " 1944 - 5s aerlea B 1957 1967 United Elec of N J 4a 1949 United Elec Service 7s...1956 Without warrants... 301,000 27,000 ♦United Indus AH* 1941 ♦let 6a 50,000 ...1945 311,000 United Lt Ac Pow AH* 1974 Deb 6s 1,341,000 1975 BH» 188,000 1959 ' 1,042,000 United Lt Ac Rys 5 Ha 1952 6a series A 443,000 |952 Deb 6s aeries A 147,000 1*73 196,000 Utah Power Ac Light 4Hsl*44 6s series A *216,000 2022 26,000 Utlca Gas 8c El 5a E 1*52 5s series D 9,000 ...1956 79,000 17,000 36,000 24,000 86,000 66,000 {Waldorf Astoria Corp— ♦1st 7s with warrants..1954 859.000 5s Income deb.........1954 86.000 161,000 Ward Baking Ce 4s 1937 49 Sale 1944 Union Electric Lt Ac Pow (Mo) 5s series A.. ...1954 For footnotes see page 53. 1075* Sale 765* Sale 1085* Sale 815* Sale 106% 1055* 1045* 1165* 108 1065* 1055* 1175* 495* 495* 52 51] 51] 51 68 69 74 ; 21 21 25 : 24 925* 935* 865* Sale 106 915* 114 865* 1015* 1015* 1075* 1045* 97 Sale 92 1145* 87 1015* 1025* 1095* 106 975* 1025* 102 Sale 97 985* 1005* 1005* 44 45 48 May 15 465* May 14 53 54 25 805* Sale 77 795* ■ 104 Sale 875* Sale 1105* Sale 715* Sale .235* ;: 27 film 73 Sale 1045* 106 82 111 72 . Sale Sale 75 80 985* 995* 965* 93 96 93 6 6 6 3 19 25 22 20 5 74 Sale 95 51 51 May 5 May 26 70 May 225* May 22 May 76 May 73 May 103 May . 3 715* 11 23 4 225* 27 83 28 795* 13 1055* May 28 May 18 May 12 May 8 May 4 May 24 815* May 26 885* May 1115* May 1105* May May 725* May 25 78 May 965* May 28 99 93 May 14 955* May 3 3 4 4 8 995* 1005* 1025* 103 1025* 1025* 102 94 97 Sale 1005* 1005* 89 89 Sale 90 945* 90 MX 915* 925* 33 33 Sale 315* 100 30 Sale 1005* 100 f May May May May 14 1025* May 14 25 1015* May 3 28 94 5* May 8 20 94 5* May 4 36 May 8 May 17 315* May 24 " May 25 1005* May May 18 11 1045* May 21 Jan, |21 7 107 Mar. Jan. Apr. Mar. Mar. Mar. May May May 865* May 5 75 May 10 19 27 Mar. 5 215* Feb. 17 29 Mar. Mar. 18 47 19 1035* Jan. Mar. 18 1025* 76 935* 995* May~27 Jan. 925* Jan. May 25 185* Mar. Jan. 25 1085* May Jan. Apr. 12 107 Jan. May 6 132 Feb. 23 1105* May 6 28 27 17 17 96 225* Mar. 16 18 Apr. 6 May May 107 109 1065* 109 1055* 1075* 1055* 1075* 1015* 1025* 1605* 101*"' 1035* Jan. 103 Apr. 13 May 15 9 1035* Jan* 11 Mar. 16 1055* May 26 6 Mar. 23 1055* Jan. May 27 985* Jan. 12 6 15 23 16 86 Jan. May May Mar. May 1005* 715* 70 715* May May May May 0 May 85* May May 65; 32 37 37 1025* 102 1065* 107 23 26 6 26 27 9 2 6 1075* May 18 105 Feb. 9 1045* Feb. 3 20 105 Jan. 72 101 685* Feb. 915* Apr. 94 May 995* Mar. 995* Apr. 103 Mar. 104 Mar. May 3 May 13 108 8 May 10 1055* May May 25 1065* May 3 May 13 May 5 114 1065* 1055* 1075* 105 5* 1065* 105>| 1055* 1045* 104 105 1Q6 108 104 113 1125* 1135* 1135* 115 24 65 102 99 73 May 12 1085* May 11 May 10 May 28 82 T May 21 Mar. Mar. 16 104 1005* Apr. May 10 May 11 May 5 May 27 May 27 May 13 May 26 13 715* May 1 1025* May May 25 30 3 1055* May May 10 108 26 975* May Company— 6a 3d stamped.......' 6s 3d Stamped c o d 73,000 Valvoltna OH 7a..... 1937 20,000 Vamma Water Power 5Hs *57 645,000 Virginia Pub Ser BH* A..1946 *• 177,000 1946 5a series B 435,000 1950 "i"656 1065* Sale 945* Sale 8 2 Feb. 10 Mar. 5 70 May 27 695* May 27 Toledo Edison Co— 72,000 116.000 101 5 5 Ternl Hydro-Electric Co— 576,000 Jan. 22 7 995* May 18 805* May 5 405* May 19 5 108 785* May 19 725* May 20 83 68 27 445* May 44 May 106 May 1065* May 19 19 7 Feb. 27 Jan. 22 Jan. Jan. 14 Mar. 30 147 1035* Mar. 30 1055* Apr. 21 Jan. 5 8 112 1085* Apr. Mar. 17 1035* Jan. 19 101 11 1035* May 24 May 4 24 82 May 4 22 May 5 22 May 5 22 May 8 22 May 13 24 38 445* Sale 81 89 85 > 97 May 37 45 May 37 385* 44 Sale 1045* May 1045* 1055* 106 1055* 1065* 1045* May 1045* Sale 108 109 1075* 1085* 107 110 May 1075* 1075* 108 375* 13 105 21 79 26 98 1 1025* 26 94 Feb. Jan. 129 18 . 92 18 . 104 102 May 995* May 18 Feb. 20 18 70 925* 15 109 81 Mar. 22 30 102 1055* 1015* 1015* 1015* May May May May May May May Jan. 1075* Apr. 28 Apr. 76 99 24 May 20 35 May 1 1025* May 22 1075* May 18 May 8 17 103 May 6 18 103 1025* May 10 31 1025* 1065* 1015* 1025* 1025* 705* 715* 925* Sale 1005* Sale 100H Sale 1005* Sale 1055* Sale 1045* 106 100 104 1045* 1005* 1275* 1075* 24 24 315* 30 315* 102 1025* 1025* 103 1065* 1075* 106 1025* Sale 1025* Sale 1025* 1025* 1025* 103 1025* 1Q25* 1025* 103 25 May 11 Jan. 19 77 108 107 23 85 185* Apr. 735* May 1055* Jan. 106 Sale Jan. 305* Jan. 625* Jan. May 22 May 12 20 100 100 111 100 10651 Jan. 1025* Jan. 13 1 May 25 155* May May 1 1085* May 26 1035* May « 1055* May 22 1275* May 6 1285* May 13 110 May 7 1105* May 27 Sale Sale Sale Sale Southern Counties Gas 54,000 42,000 o7,000 64,000 29,000 1005* 4 1045* May 21 May 19 May 14 105 1Q4 32 245* 235* 109 May 1045* 104 223 183 1055* Jan. 05* May 5 75* May 26 85* May 27 8 May 28 1 May 5 95* May 5 2 May 21 May May May May May May May May May May May 9 22 Apr. 23 Mar. May May Mar. Mar. Mar. May Feb. 20 1085* Mar. 18 112 92 May 27 995* Mar. 15 May May May May May May May 130 1345* 1305* Sale 105 1055* 1055* 1065* 1105* Sale 110 1105* 102 1035* 1035* Sale 104 1025* 1025* 103 1035* 1025* Sale 1075* 104 10,45* 133 Mar. 95 105 2 May 106 1005* May May 1 7J* May 27 4 May 12 2(54 May 28 69 225* 19 a24i% 735* 35* 785* Sale 107 1075* 1075* 1075* 106 L065* 1055* 106 77 78 775* 79 99 985* 99 100 1005* 995* 1005* 995* 1005* 995* 215* 225* 25 195* 22 35 Sheridan Wyo Coal 4a 1*47 Sou Carolina Power 5a.. 1957 Sou Calif Ed 3Ka..May May 6 May 8 May 11 May 3 May 11 May 21 May 4 May 5 1075* May 1025* May 25* May 715* 1075* 1035* Sale Sale Sale 108 Sale 70 107 Sale Sale 71 ♦Saxon Public Works— 4a 1*37 46,000 130,000 ♦Schulte Real E8tate 6a.. 1951 296.000 Scrlppa (E W) Co 5Hs—1943 .1948 22,000 Servel Inc 5a 583,000 Shawlnltfan WAP 4^a..l947 A Ha aerlea B..........196S 87,000 4H* aerlea D 1970 294,000 ; 5,000 24,000 33,000 13,000 87,000 16,000 30,000 Kg* ' , 1953 45,000 ♦Ruhr Gaa Co 4 H* 18,000 ♦Ruhr Houalng AH* A...1958 . 22 1035* Sale Sale N J— 88,000 Quebec Power 5a 1*48 182,000 Queens Boro G Ac B SH*-1952 6,000 T 8 965* May 1005* May 28 955* May 20 105 May 13 100 May 20 105 May 4 109 May 8 90 May 1 165* May 20 1015* 1025* 1005* Sale 98 96 995* 96 1065* Sale 1075* 109 Sale 105 1065* 102 1065* 108 1055* 107 108 1085* 1095* Sale 905* 905* 90 Sale 18 Sale 20 Highest Sale Prices Jan. 9 895* May 27 103 Sale Prices 1095* May 27 1115* May 1105* 1115* 109 5* Sale 92 May 27 965* May 955* 965* 905* 935* 142 355,000 4% perpetual oertlficatea 85,000 Pub Serv of Nor Ilia 5a C.1946 104 5a 1*54 112 249,000 AH* aerlea D.. ....... .1*78 102H 164,000 4Ha aerlea B-.......—1980 1029* 272,000 4Ha aerlea F 1*81 1035* 829,000 337,000 4H* aerlea I 1960 1055* ...1966 1055* 535,000 Pub Serv of Okla 4a 95*1 2,341,000 Puget Sound P Ac L 5Hja.l949 915* 5a aerlea C—..........1950 896,000 885* 4Ma aerlea D 1*50 1,195,000 14,000 ; 99 27H . Pub Service Co of ; 105 M 105 Sale 106 106 Sale Highest Sale Prices 895* May 27 905* Sale 945* Sale Lowest Lowest Ask Ask Bid Bid Sale Prices May 28 May! Ask f.lW 1W 250,000 413,000 •Hie eetlea B WW en a Pub Smt 6e G 1*47 173.000 la eerlea D—.... 1*54 89,000 83,000 ana Water Ac Pew 4KI..1H8 5a 1*4* 261,000 853,000 Peeelea Gaa Lt A Coke 4a B'SI 822.000 t+Peeylea Lt k Pow fa..l*7* 71,000 42,000 81,000 51,000 14,000 19,000 :/ Bid BONDS (CoMtiuifi)— $ t 248.000 RANGE SINCE JAN. 1 PRICES IN MAY SALES Since May EXCHANGE CURB YORK Mar. 29 Jan. 23 1095* Jan. Jan. Jan. 8 6 18 1105* Jan. 25 21 26 23 26 11 108 108 107 6 105 87 May 6 Jan. Jan. 7 1035* Jan. 8 104 2 Jan. 1045* Jan. 21 11 106 24 95 22 95 22 95 22 955* 22 96 24 96 Mar. 31 102 May 22 96 Jan. 18 Mar. 8 Mar. 8 Mar. 9 Mar. 9 Mar. 8 Mar. 8 Jan. 14 Mar. 8 Apr. 29 445* Jan. Apr. 29 505* Jan. 495* Jan. 106 May 1065* May 1075* Apr. 1095* Mar. 21 26 985* Jan. 855* Jan. 15 16 May 3 Mar. 24 Mar. 23 Mar. 2 Jan. 18 785* May 19 725* May 20 8 17 17 16 3 _5 100 30 1045* 106 5* 935* Jan. 9 80 Apr. 8 100b May 25 405* Apr. 9 106 May 10 113 May 26 1045* 106] 75] May 28 Apr. 13 5 945* Jan. 475* Jan. 9 465* May 14 60 Feb. 19 535* Mar. 22 Jan. Feb. Feb. 5 4 Jan. 23 2 109 1065* May 13 108 104J* Mar. 19 1065* 104 , May 25 108 111 Mar. 20 1175* 665* Mar. 19 20 H Mar. 25 May 3 Apr. 20 Apr. 29 Jan. 15 795* Feb. 24 195* Mar. 18 245* 76 May 27 9454 73 May 28 895* 1025* Apr. 1 107 Feb. 5 19 Mar. 8 Jan. 14 Jan. 19 Jan. 14 965* Jan. 23 815* 1105* 725* 955* May Apr. May Apr. 93 May 1055* Mar. 1045* Jan. 98 Feb. 1025* Feb. 94 May 89 May 925* Mar. Feb. 23 Jan. 4 Feb. 10 115 Jan. 895* Jan. 18 13 Jan. 12 Jan. 21 2 1065* Feb. 106 Feb. 15 102 103 25 8 25 28 16 101 103 Apr. 12 Mar. 10 1045* Jan. 8 101 Jan. 11 1025* Jan. 29 4 315* Apr. 28 44 J* Jan. 30 May 17 315* May 24 4 May 25 loin Jan. 100 AGGREGATE PRICES IN MAY SALES ■ May Jan. 2 May I 1937 27,000 110,000 159,000 i.455,000 106 Sale 10754 107M 10654 108M 104 105 199,000 374,000 Wash Gas Light Go 5s—.1958 75,000 Wash Ry * Blea 4s .1951 184.000 Wash Water Power 5s—1941 Western Newspaper Union— 516,000 Conv deb 4s .......1944 3939 366,000 West Penn Elec 5s 97,000 West Penn Traction 5s.. 1949 1.636,000 West Texas Util 5s A 1957 460.000 West United Gftl 554* A 55 43,000 Wheeling Elec Co 5s.....1941 327,000 Wis Minn Lt Ac Pow 5s...l944 1.291,000 Wisconsin P Ac L 4a A....1966 40,000 103,000 148,000 15,000 237,000 62,000 70",666 Yadkin Hirer Power 5s.. 1941 York Rjrs Co 5s 73 May 28 Ask Bid Ask Bid BONDS (ConetmW)— 85,000 35,000 RANGE SINCE JAN. 1 Price MEW YORK CURB EXCHANGE Since Jan. 1 In 53 NEW YORK CURB EXCHANGE June, 1937] 10554 62 Sale Sale Ask Lowest Highest Lowest Sale Prices Sale Prices Sale Prices 10554 Sale 10554 May 17 100 May 1 10654 10754 10554 May 3 10654 May 26 102 104M 10454 May 26 10654 May 12 £2* 98 Sale 6254 May 10 9954 May 10 10754 May 19 9554 May 10 10554 May 26 4954 May 28 105 laie 9854 9754 10654 10754 Sale 107 Sale 92 9254 Sale 10554 10554 Sale 10454 181* ior Sale" 10654 10754 10654 May 10551 Sale 11154 113 13 12 28 14 107 Sale 10154 Sale 10654 Sale 1937 May May May May 10654 Sale 88 Sale 9554 Sale 93 10654 10754 106) 8554 Sale 81) 10654 May 26 9554 May 28 May May 1 107) May 25 89] May 21 May 4 Highest Sale Prices Jan. 13 10554 Jan. 30 108 10554 Apr. 14 107 Mar. 17 10454 May 26 10054 Feo. 4954 May 97 Apr. 106 9154 10354 10554 10554 Apr. Apr. Mar. Feb. Feb. 9254 Apr. 106) 81 ] 2 7954 Feb. 11 10554 Jan. 2 114 54 Jan. 6 9954 Jan, 28 10554 Jan. 9 108 Apr. 30 107 Apr. 10 10254 Jan. 9 Feb. 19 10754 Jan, May 25 10054 Jan 19 6 FOREIGN GOVERNMENT AND MUNICIPAL Agricul Mtge Bk Rep of Col— "3",060 63,000 82,000 22.000 5,000 8,000 68,000 55,000 15,000 404,000 11,000 2,000 25,000 11,000 85,000 61,000 102,000 71,000 ♦29-year 7s. ♦29-year 7s 1854 .1948 25 1954 86 1951 8754 8954 16 22 8314 8454 875 87 16 54 Sale 1654 1754 1554 25 20 stamped.........1947 ♦7s stamped...........1952 ♦Ceoca Valley (Dept of) Rep of Colombia extl a f 7s.. 26 26 22 22 22 Jan 15 1944 Jan 15 1947 ♦Baden (Germany) 7s Buenos Aires (Pror) 25 25 25 95 2254 Apr. 6 ?0 6 2954 Feb. 10 7 22 25 Feb. 18 1954 May'l5 1954"May"21 Apr. 1854 Jan. 87 83 May 21 May 10 8854 May 27 89 May 27 8454 Mar. 24 8354 May 10 9154 Feb, 91 Feb. 1654 May 1454 Apr. 12 21 1454 May 20 7 Mar. 11 Feb. 11 ♦Cent Bk of German State & ♦6s A 1952 ... Danish Cons Manic 5 Ha. 1955 22 61 17 17 40,000 38.000 . 2454 101 100 5s — 6,000] Sale 101H 10254 -.1953 Danslg F 5c Wafway Bo external s f 6H*. 87,000 .1952 189,000 ♦German Cons Munlc 7s.1947 194.000 ♦6s 1947 13,000 43,000 26,000 11,000 15,000 19,000 7,000 Pror Banks 4s B......1951 269,000 77,000 189.000 48,000 716,000 7,000 2,000 52,000 40,000 ♦7s Issue of Oct 1927..-1947 37,000 594,000 ♦Mtge Bank of Chile 6s.. 1931 10*.000 129*666 29,000 20.000 12,000 72,000 26,000 14,000 179,000 227,000 394,000 893,000 363,000 4s stamped—.......1931 Mtge Bank of Denmark 5sl972 ♦Parana (Stateof). Bras 7s'58 ♦Rio do Janeiro 6Ms....l989 ♦Russian Gort 6 Ms .1919 ♦Certificates of dep..... M 5054 55 55 22 20 1954 20 22 1954 21 24 20 19 25 '=• 2254 Sale 23 54 Sale 1954 22 30 22H 2454 19 2654 2254 27 15 17 -.2354 1654 25 f Sale 27 29 19M Sale 1554 Sale 9154 Sale 96 22 22 15M 24 Sale" 18 100 25J4 Sale 29 32 10 99 Sale 65 26 9254 Sale 2154 2154 2354 2354 19 31 22 9754 98 24 23 18 10 9554 27 Sale 22) 22) 10 2454 26 2054 2154 9954 9754 May 10 25 May 26 May 1 2154 May 1 May 19 10054 May 5 May 8 May 25 99 55 May 19 May 5 May 3 May 28 May 8 May 14 1921 ♦Certificates ef dep..... 154 154 71 1854 18M 7654 1854 154 2 97 2754 Mar. 31 2654 Apr. 6 10254 Apr. 16 10154 Jan. 19 Mar. 2 Jan. 8 Fej. 10 50 Apr. 28 77 Feb, 17 Jan. 6 Jan. 6 Mar. 15 25 25 Mar. Mar. 23) 23) 29) May 28 Mar. 4 Mar. 5 Feb. 17 Feb. 10 1954 Apr. 20 99 1954 1954 2354 1954 1854 2554 May 22 15 May 17 May 26 22 May 27 2254 May 28 2354 May 28 1954 May 11 22 May 12 29 May 7 1554 May 10 2454 Jan. 4 15 Apr. 13 9254 May 28 96 9154 Jan. 2254 May 24 2354 May 7 17 May 7 2354 May 2354 May 1854 May 59 May 1 17 17 1754 Apr. 7 18 8 Jan. 31) 21 10 9 9 11 9654 Apr. 12 Apr. 13 2154 Feb. 3 1554 Jan. 2 2754 Feb, 19 2754 Feb. 19 2154 Mar. 8 22 22 99 9754 May""4 2554 24 May 22 May 22 May 7 May 25 May 1 May 6 Sale iff Sale 1$ 154 ♦5 Ms 258,000 nH 6254 ♦Hanover (City) Ger 7s—1939 ♦Hanorer (Pror) 654*—-1949 ♦Lima (City), Pern, 6 Ms. 1958 ♦Maranhao (State) 7s....1958 ♦Medellln (Colombia) 7s.l951 Mendosa (Pror) Argentina 7Ks-4s stamped.......1951 Mtge Bank of Bogota— ♦7s Issue of May 1927...1947 24 2154 Sale Sale 9954 10054 100 97 99 9754 98 154 98 27 28 May 10 May 1 May 5 154 May 12 154 May 4 154 May 15 154 May 6 95 54 Apr"." 1§ 166" ""Feb"." 15 24 May 22 2154 May 22 154 Jan. 20 34 Jan. 10 Jan. Jan. 22 Jan. 1 3554 Jan. 6 2 Apr. 22 154 Apr. 22 22 15| Apr. 22 1 fi Apr. 22 Santa Fa (City) Argentina 23,000 30.000 2,000 * » ; « r x ♦ ♦7s stamped.......... 1 • 5 123.000 369,000 ♦Santiago (Chile) 7s..... I A ♦7s.........—........ 1961 122.000 No par value. Sold under the rule. Deferred delivery sale, Sold for cash, Ex-dividend. Bonds being traded flat, "cod," certificates of deposit "cons." consolidated, "conv." convertible, "cum." cumulative, "m." mortgage. 65 17 Sale 16J4 1754 19 73 16 16 76 18 18 May 6 1554 May 22 1654 May 22 71 Abbreviations Used Above ICont.)— « "z-w. a Elgin National Watch Co.. May 12 at 3154 Grocery Store Products 6s 1945, May 11 at 9054 Miss River Power pref, May 13 at 114 Tennessee Public Service 5s 1970, May 27 at 69 May 22 May 4 May 22 6254 Jan. 4 54 May 22 15 16 Jan. - - in 22 8154 Mar. 10 2054 Mar. 12 5 2054 Mar. no account Is taken computing range, are given below: Draper Corp, May. 10 at 86 Heller (W E) & Co 4s 1946. May 27 at 95 Hewitt Rubber Corp, May 27 at 1554 without warrants Deferred delivery sales. In which no account is taken In computing range, are given below: 76 aUndertberule8ales.inwbich 'ay," non-voting. "vtc," voting trust certificates. "w i," when issued. "w w " with warrants. t Reported in receivership. Abbreeiations Used Above: 62 Sou Calif Edison 354s B 1960, May 26 at r 103 Cash sales, in which no account is taken inoom. puting range, are given below: : Amer Seating Co 6s stpd 1946, May 5 at 106 '•« Utility Equities common, May 8 at 5 ■ t! RANGE OF PRICES ON CHICAGO STOCK EXCHANGE Stock Sales 1937 : May___ Jan. 1 to May 31 AGGREGATE Jan. 1 to May 1936 $8,000 123,000 Jan. 1 RANGE SINCE JAN. 1 PRICES IN MAY Price BONDS 1937 Bid Bid Lowest Highest Lowest Sale Prices Sale Prices Sale Prices May 28 May 1 Ask Ask Bid Ask Mar. 19 69J4 Mar. 24 1134 May 21 13 May 28 Mar. 8 Apr. 1_ May 27 80 82 69 71 65 68 77 3* Feb. 80 82 71 65 68 70 83 73 65 10,000 81 16 69 70 173* 13 15 1034 4,000 4,000 Met West Side EI 1st 4s. .1938 11 14 11 13 13 69 12 Sale 1134 May 21 13 May 28 1134 May 21 13 May 28 Highest Sale Prices Feb. 4 Jan. 21 192? 1,000 Chicago City Ry 5a.. Certificates of deposit 6,000 4,000 Chicago Rys 5s Ctfs 1927 58 class B 1927 12,000 4 o 11 Shares STOCKS Shares Pay ■ * 23,000 Abbott Laboratories com 4,360 Adams (J D) Mfg com.......* 17,900 Adams Royalty Co com.....* 1,200 350 1,250 !;•; 2,650 1,150 ""400 97,200 Advanced Alum Castings 5 I,150 Aetna Ball Bearing common _1 9,550 Allied Products Corp cl A. 25 , 4,870 140 \ 850 350 ' 1,400 1,100 V 650 ■ 26,355 "'456 850 600 23,150 Canal Const Co conv pref.. A Co (A M) 8,300 com.....10 Common (new) 8,850 io Cent Cold Storage Co com.it 1,950 Central 111 Pub Serv 15,160 pref...? Cent 111 Secur Corp— Common... . 57,950 Convertible preferred""* 14,200 900 ""900 50 920 2,950 850 279,450 Gentrsl 1,100 80 130 200 4,350 490,310 22,050 850 v 2,010 1,190 10 19,080 650 -v:.,: 760 m 190 5,250 1,290 18,000 9,050 2,030 140,250 350 6,900 1,630 1,720 23,200 2,120 16,200 3,100 2,250 7,650 300 900 150 1,750 10 70 150 Chicago Towel Co conv For footnote* 3% Sale Sale 7% cum Curtis Lighting Inc com... Dayton Rubber Mfo com... Cum class A pref Decker (Alf) 8c Cohn—" 41 68" 10 Sale Sale 12 % 123* 12 103* 83* 83 133* Sale IIIIoo pref... 47 May 28 May 3 May 7 83* May 18 13 May 26 12 10 113* Sale 234 Sale 545* Sale 12 21 23 115* 123* "io" "103* 33 X 75 Sale 13 : 11 Sale 22 May May May May May May May May May May May May 1 28 28 25 24 13 13 20 21 24 20 28 38>* Sale 173* May 16 May 163* May 193* May 193* May 10 May 'e* May 12 May 353* May 11 25 4 18 13 18 11 18 14 Sale 403* May 6 163* Sale 373* Sale 63 633* 6% 113* Sale 23* Sale 505* 51 93* 10 6 73* 6 7 495* May 1 13 May 20 103* May 11 10 May 4 143* May 22 13 18 18 203* 17 Sale 463* 26 13% Sale" 29% Sale 2% Sale 2 29 Sale 38 163* 17 I":* 23* 23* Sale 15 33* Sale 60 2'S 13 3 91 635* Sale 60 Sale 503* 103* 613* 70 75 —- X 1 5 Sale Sale 45* 433* 123* 67 83 3* 13* Sale 21 25 20 54 54 % 67 Sale 63 43* 45* ■S'4' V: 3 26 28' 1 15* 105 Sale 15 Sale Sale Sale 118 46 119" 49 9X Sale X Sale 7 3X 26% 98 4% 48% 5 33* 13* X 78 5* 163* 107 Sale Sale 13* 37 1083* 111 40 7 V* 43* 28 100% 1073* 2l% i8* 87 31 26 Sale 5 Sale 31 12s* 100 33 30 175* Apr. 3 263* Feb. 19 11 May 1 22 Jan. 6 23 May 373* May 69 May 11 May 12 May 23* May 543* May 11 May 73* May 83* May 11 25 3 163 37 5 22 10 7 5 4 6 24 7 May 28 May 25 633* May 24 May 1 163* May 27 18 May 12 213* May 7 213* May 5 113* May 3 3* May 3 13 39 May 4 May 22 47 May 27 „ 50 1 ..* 105 Sale 65" Sale 23* 3* 78 3* 163* 108 102 3% 42 Sale Sale 9% 53* 323* 104 Sale "33* 13* 35 Sale JX 37 Sale 42 Sale 63* Sale rH MX 43* 53* Sale ~99" 105" 33* Sale 93* 633* 98 18 18 26 27 May May May 20 May 65 May 4 May 13* May 3* May 3* May 5 18 20 28 18 28 26 12 12 17 12 h May 107 May 75 May 3 May 13* May 36 May 1073* May 40 May 53* May _3* May 7 May 43* May 273* May 99 May 33* May IV' 13* May May 443* May 21 May 6854 May 45* May 13* May 3* May 3* May 5 10 3 12 28 6 7 14 12 12 17" May" 12 107 77 35* 13* 37 1115* 423* 7 May 5 May 12 May 1 May 12 May 10 May 4 May May May May May 29 % May 27 102 May 4 1 33* May 9K May 24 6 May, 20 33* Jan. 19 ■ 73* 63* 85 24 75 90 21 Sale' 25 "26' 4 53* May 15 May 4 May 19 24 May 85 20 8 85 22 25 May 4 May 4 May 4 May 18 .6 May 27 20 53 15 13 18 20 28 Jan. 35* 13* >4 5* 3* 3* Jan. Feb. Jan. Jan. Jan. 143* Apr. 100 Jan. 75 3 May May 13* May 34 Jan. Apr. 40 May 55* May 3* Apr. 103 7 *' Jan. 45* Apr. 265* Jan. 983* Jan. 33* May Jan. Mar. 1043* Apr. 193* May 5 Jan. 193* Jan. 29 2 55* Jan. Mar. 393* Mar. 19 Feb. 813* Feb. 77 30 10 11 15 19 33* Feb. 13 19 Jan. 5 65* Jan. 22 1103* Mar. 4 75 Jan. 23 203* Jan. 15 73 Mar. 9 85 Feb. 17 Jan, Jan. Jan. May May May 6 153* Feb. 11 303* Mar. 5 335* Apr. 10 183* Mar. 2 363* Mar. 3 5 May 18 3* 3* 45* 433* Jan. 283* Feb. Jan. Apr. May 323* Jan. 135* Jan. 29 May 20 48 1073* 1063* 1073* 1053* May 24 1073* May 19 20 22 2oH 21H 193* May 18 223* May 8 7 6 May 4 53* 7 May 10 22 24 Sale 245* May 1 243* Sale May 13 28 6 293* 31 303* 303* May 3 313* May 22 Jan. 72 6 Mar. 30 Feb. 9 Feb. 11 Feb. 15 May 3 Feb. 19 Mar. 6 Mar. 12 47 May 27 L073* Jan. 6 225* Feb. 18 385* Apr. 1073* Jan. 203* Apr. 60 22 233* 303* 143* 3* 143* 433* 835* < Jan. ; 19 195* May 10 May '54 May 93* Jan. 323* Jan. 2 May 513* Jan. Mar. 203* Feb. 10 Jan. 27 11 Jan. 9 9 193* Mar. 27 143* Feb. 16 May 163* May 116 107 13 17 7 15* Jan. 143* May 2 3* May 92 May 50 May 93* May 633* May 143* 23* 7 18 Feb. 10 23* May 3 153* May 5 3 3% May 96 May 10 613* May 4 May 4 May 7 81 May 12 6 25 13 19 Jan. 135* Feb. 27 45* Mar. 19 573* Feb. 18 34 15 May May May May May May May May 235* Feb. 17 843* Jan. 43 Jan. 23* May 20 2 9 23* May 20 483* Mar. 24 373* May 3 17 May 11 693* May 3 Sale 643* 78 153* May May 31 3 22 Mar. 16 4 92 Sale May 22 May 4 273* May 10 143* May 11 24 May 5 11 16 28 Feb. Feb. Jan. Mar. May May 13 18 Sale Sale 18 i2 3* May"24 50 120 9 May 18 163* May 21 60 May 27 94 44 27 3% 17 Sale 3* 3* 13* 34 45* Sale 435* Sale 25X 3X 133* May 13 May 18 29 30 2 100 103* 613* May 18 May 24 May 1 May 14 34 94 15 20 23* Sale Sale 11 343* Sale 68 27 VA * IX IX 15% 17 3 % Sale 21 333* 125* 'Vr; 54 "l35* "15" 11 6 63* 28 14 133* 21 193* 323* 143* Sale' 31 37 68 X 10 213* 23 X 27 Sale 2234 23X 99 103* 23* 51 Mar. 73 ~4l~X Sale" 25 X 13 X 70 % 213* 203* 213* 203* Sale 103* Sale 22 2 Sale Sale 'l2~X Sale" "123* Sale" 38 633* May 26 553* 175* 123* 1254 143* 473* May 27 12 May 3 63* Jan. 2 83* Jan. 12 223* May 18 Sale 167" 1075* 50 7' 63* Sale Sale 163* 373* 10 10 12 Sale 12 22 16 163* 17 165* Sale 20 % Sale 11S4 Common.. 56 IV> 23% 18X 18 2 .. paare Sale 155* 16 185* 19 H 18X Sale 193* 203* 25 X 26 34 Preferred.... ?!?ioo Cudahy Packing Co oref_.IOO Cunningham Drug Stores 214 40 De Mets Inc pref 9% 11 4X .... Cord Corporation. 5 Crane Co com.............25 conv ; 47 75 preferred......100 Preferred 9% 133* 8 33* 73* 2% 104% 105 pref Club Aluminum Uten Co Coleman L'p & Stove com 100 Deep Rock Oil • 73* Sale 100 650 Continental Steel com...... * Preferred 760 ........ioo 280 20 Part certificates4 2" u 100 12,900 Preferred....... Commonwealth Edison...100 Compressed Ind Gases cap 25,650 Consolidated Biscuit com... 164,950 Consumers Co com........ 4% prior preferred "aIIIi00 3,520 200 19 46 Common capital 246,030 Cities Service Co com 170 2,200 1,050 4,350 4,550 __j Participating ctfs "3".. 100 Part ctfs "4s" 965 ioo Chic Rivet fit Machine cap.. 4 U10 300 415 Corp common.. 11 46 Participation preferred"? • chic 1,100 Chicago Electric MfgAlI-I • 19,350 Chicago Flexible Shaft com S 18,600 HMCa£° & N W Ry Com-100 580 Chicago Rys part ctfs 1 100 v 1,500 50 ____50c S®rryfu"e» 30,210 3,900 300 720 com . 210 ■■.V S W Util Prior lien preferred • 4,710 Preferred > 9,250 3,070 Sm8*— Pr A Lt pref?' • 1,870 Chain Belt Co com 2,820 Corp com...* Chic City & Con Ry— Common * II,030 830 185* 70 X Sale 11 16 13 -. 23 43 Athey Truss Wheel capital..* . 10 11 22 52 Automatic Products com...5 Automatic Washer conv pf__ * 49X Sale 12J* Sale 14 Asbestos Mfg Co com ..1 Associates Invest Co com...4 2,400 uracil & Sons (E J) capital.. * » 3,650 Brown Pence & Wire cl A Common..... j 19,400 21,650 Bruce Co (E L) com"""""5 230 Bucyrus Monighan class A__* 10 178,300 Butler Bros common 5% convertible preferred 30 28,500 "Y, 850 150 Armour 8c Co common......5 r 7,300 2,250 16,750 pref.....* * 8,950 Backstay Welt Co com 1 1,750 Barber Co (W. H.) com 10,760 Barlow & Seellg Mfg A com. .5 30,300 Bastian-Blessing Co com.... ' 13,550 Bendix Aviation Corp com_.fi 73,880 Berghoff Brewing Co 1 Rights 50,750 12,850 Blnks Mfg Co capit«U~~IIIj 81,650 Bliss 8c Laughlin Inc com ..5 lit 9,900 Borg.Warner Corp com Common (new) 37,700 __5 7% preferred 160 lQd 650 250 5,030 50,750 1,350 r. 3,100 conv American Pub Serv pref 100 Annex Hotel Co com cap..100 445,840 108,900 8,550 23,750 16,430 13,590 24,400 5,900 2,650 .2,250 _10 680 Altorfer Bros 50 730 50 v Common 16,500 1,350 „ 513* Sale 155* 16X 6 3* Sale 8X Sale 50 Ainsworth Mfg Corp com...5 * 1,200 Allied Laboratories com / 400 * Jan. 2 Since May 1937 $14,000 27,000 May 738,000 8,940,000 CHICAGO STOCK EXCHANGE SALES In Bond Sales 1936 771,000 7,868,000 Shares. Mar. X Jan. 20 Jan. 20 2 65* Mar. 48 32 Mar. 65* Mar. 77 3 8 Feb. 20 Feb. 2 Feb. 5 7 19 21 23 3* Jan. 3* Jan. 5* Apr. 375* Feb. 1 " 108 Feb. May 55* Jan. 23* Mar. 37 May 77 139 S* 12** Jan. Feb. 5 12 18 16 10 16 20 Jan. 22 Jan. 26 Feb. 10 63* Feb. 24 Feb. 19 32 105 Apr. 19 2 Feb. 5 Feb. 2 55 1213* 1105* 263* 103* 285* 325* Feb. 27 Mar. 20 Feb. 11 Feb. Apr. Apr. 15 1 1 115* Jan. 12 85 Mar. 27 90 Jan. 13 20 May 19 May 1 323* Jan. 12 55* May 15 24 28 Mar. 13 * june, 1937] chicago AGGREGATE Jan. 1 Shares 100 '' : STOCKS May 1 1937 Par a Ask 38 23 8 37 25 17 20 __ 30 21% Lowest Ask 20 38 295* 305* 33 36 32 13% 41 14% Lowest Highest Sale Prices Sale Prices 12 May May 55* May 27 May 63 May 11 125* 15 55* Sale 635* 65 355* May 85* May 34 May 55* May 22 May 25 63 May 11 385* May 3 33 6 6 12 May 4 20 May 18 365* Apr. 2 225* Jan. 8 75* May 27 32 May 13 15 22 385* May; 3 295* May 13 75* May 2,7 32 May 13 75* Sale Sale Highest Sale Prices Sale Prices 12 May 4 20 May 18 135* 215* 36 Sale 38% 33 8% Sale 10 % 39 May 28 Ask Bid 12 12 Bid 17% 21% 39% Bid 1,400 Dexter Co (The) com 5 7,450 Dixie-Vortex Co com..——* fit AG A ^ 3,550 11,330 Eddy Paper Corp (The)—_.* 61,800 El Household Utll Corp 5 10,550 Elgin Nat Watch Co IS 4.90QI 500 RANGE SINCE JAN. 1 Jan. 2 Shares 700 100 720 55 Price Since May exchange PRICES IN MAY CHICAGO STOCK EXCHANGE In stock 20 Jan. 175* Jan. 18 25 Feb. 9 41 Feb. 10 34 Apr. 16 12 Jan. 9 40 Mar. 4 Fits Simons A Connell Dock 4,850 * 6,040 2,120 3,90o 91,900 154,960 1,670 4,350 20,100 39,950 Gardner Denver Co com....* A Dredge Co com 850 Fuller Mfg Co common 850 1,510 ; 50 25,750 25,300 50 200 1,000 3,800 50 90 290 65 17 Sale Gen Household Utll Godchaux Sugar Inc cl B Class A 5 il'ti * com Sale "16% Great Lakes DAD com....* 24 13% Inc ~U% "15"" Hormel A Co Sale 24 12 19% 24% May 45* May 31 May 42 May 365* May 19 May 38 36 15 165* 115* 12 145* 175* 105* Sale 10 105* 17% 9% Sale 10% Sale 25 25 27 25 175* May 24 95* May 5 105* May 3 25 May 4 20 25 23 525* 17% 22% 16 175* 16 195* 21 20 21 22 6 15 52 505* 145* 19% • 95* May 18 May 12 85* May 14 10 May 6 25 May 4 35 43 375* 205* Sale 15 3 11 64 55* May 26 65* May 3 31 May 6 425* May 19 38 May 5 215* May 3 25 17 % 17 A._* com 18 5 Sale ----- 21% 15% 25 42% Class B • 6,250 6,700 Hupp Motors com (new) 1 Rights. 6,100 Common (old) 1,100 10 16,750 Illinois Brick Co 25 2,120 Illinois Nor Utilities pref.100 2,600 Indep Pneum Tool v t c * New common v t c * 2,500 1,070 Indiana Steel Prod com..._l (Geo) 20% 67 5 45 39 "27"" "§6"~ ....* common 14% 10 37 41 45 57 145* 15 55* Sale 31 41 % Sale Hall Printing Co com 10 Hamilton Mfg cl A part pf__10 65 16 Sale Sale 10 * 40 Borders 14% 5% 6% 30 • Goldblatt Bros Inc com.....* 1,480 2,200 600 64 62 cum conv 600 Heller (W E) pref w w... 25 520 Without warrants 800 Hlbb Spencer Bartlett com. 25 / '57% Sale pref.____._-20 S3 1,850 4,920 Harnischfe«>er Corp com.. 10 50,050 Hell em an Brew Co G cap—1 11,700 Hein Werner Motor Parts..3 6,250 1,300 16 60 General Candy Corp A 5 General Finance Corp com..1 7,700 450 160 15% 585* 1 ' 14 Apr. 3 25 Apr. 22 55* May 27 57 Feb. 10 585* Jan. 11 15 Apr. 6 45* Mar. 18 45* May 11 295* Jan. 5 42 May 25 365* May 27 19 May 25 28 55* May 22 May 25 69 Feb. 24 64 Feb. 19 8 55* May 26 105* Jan. 2 Feb. 38 3 505* Feb. 26 425* Mar. 15 295* Jan. 28 145* Jan. 6 95* May 18 205* Feb. 14 14 Apr. 20 Mar. 11 Jan. 25 8% May 14 10 Apr. 28 24 Mar. 22 Mar. 1 7 22 10 3 115* Jan. 22 135* Mar. 8 26 Feb. 4 Jan. 25 8 May 3 May 12 May 25 52 5* "May" 17 16 May 12 21 May 3 45 16 Jan. May 12 525* May 17 195* Jan. 28 20 Jan. 23 May 14 3 May 14 i64 May 17 225* May 24 35* May 3 5* May 3 205* Apr. 3 May >64 May 2 Apr. 125* Apr. 99% May 52 5 Jan. 23 Houdallle-Hershey— 350 3,750 6,100 "T.ioo 300 f. """450 1,070 500 Ind Terr Ilium Oil 37",600 37,600 300 n v '25% 3% 15% 16% 109% 83% 85 13% 215* 225* 35* Sale 125* 3% 15 103 107 38 41 95* Capital * * 100 Interstate Power $7 pref....* $6 preferred..............* 9,950 Iron Fireman Mfg Co r t c * 500 4,000 20 235* 24% 21% Sale 72,950 Jarris (W B) Co capital 1 7,800 Jefferson Electric Co com...* 600 14 22% 42 Sale 10 21 3 3 May 26 95* May 19 10 2is May 24 39 May 14 105* May 8 '""%"May"l5 965* May 28 100 May 25 14 11 235* 42% May May 95* 215* 225* 22 J* Sale 40 46 275* Feb. 11 4 Apr. 20 May 3 Apr. 19 2* ii8M Jan. 25 10 11 Sale 10 May 8 20J* May 18 215* May 18 41 May 14 12 235* 435* May 8 215* May 10 245* May 43 May 13 13 Jan. 7 80 38 25* 3 %6 Sale 965* Sale 1).. 120 135* Sale "39"" Sale" 300 10 14 125* May 18 995* May 13 103 100 "3% "4 cl A..* Inland Steel rights (w 21 Jan. 92 Feb. 13 38 49 Mar. 5 105* May 8 205* May May Mar. May May Feb. Apr. May 21 41 Jan. Jan. 95* 45* 2i6 965* 205* 9 ' % Mar. 15 May 15 too May 25 225* Jan. 25 21 Jan. 15 27 Feb. 11 295* Feb. 13 Feb. 51 4 Kalamasoo Store— 890 Capital stock .....10 37,700 Kats Drug Co com I 49,000 Kellogg Switchboard com..10 4,200 6,450 445* 46 15% Sale 9% 10 ... 13 48 Sale 10 % Sale ---_ 48 125* Sale 95* Sale May 14 95* May 26 * 680 "'"400 160 3,650 3,800 2,650 950 320 1,200 50 1,180 1,530 2,480 460 1,350 3,100 1,050 59,500 18,300 40,400 27,780 2,650 33,200 1,420 1,180 84,230 32,730 2,140 6,600 Preferred 2,950 650 460 750 110 ~l",566 "3",800 "3",200 210 ~ 1,450 18,750 4,350 5,200 2,300 520 750 370 fKerlyn Oil Co common A Leath A Co common Libby, McNeill A Libby 10 Lincoln Printing Co com ._.* 03.50 preferred Lindsay Light com.... 10 Preferred 650 2,550 'i'250 4,600 200 910 440 .• ? 450 610 1,100 2,900 300 8,900 1,450 1,250 200 630 260 8% 26% 32 9 9 "9% Sale 11% Sale T3 Sale 10% Sale 125* 95* Sale 435* Sale 4 45* 105* 4 9% 12 16% Sale 6% Sale 22% 4% 37 40 395* 43 50 31 Sale 30 40 42 505* Sale 50 52% 54 10% 26 Sale 4 Sale Sale Sale 40 41% Sale 52 "2 23% 24% 245* Sale 60 64 50 Prior preferred 990 ..* 240 Metrop Indust allot ctfs 75,300 Mlckelberry's Food Prod coml 31% 33% 309,250 Middle West Corp capital...5 Stock purchase warrants... 76,200 122,100 Midland United Co com....* Convertible preferred 32,700 • 4,890 Midland Utll 6% pr lien..l00 7% prior lien..........100 8,660 7% preferred A 100 2,430 12 % . 6% preferred A 890 . 3% .. 280 J* 46 % 27 V* Sale 1 ' 49 m 27% 55* 285* 5 5 ■2 3 25* 45* Sale 37% Sale 95* Sale 37 49 35* 55* 38 85* 495* 265* May 27 4% May 1 May 18 41 31 May 1 525* May 6 51 Mays 6 25* May ,\;5 May" 3 255* May 21 "55* May'27 265* May 8 9 50 ""35* May" 19 May May May May May May May May May 37 May 85* May 49 May ■ 23% "24% 20 25 18 20 155* 28% 29% 2i9% 295* 28 63 295* 68 pref. * 10 com.. 1 Noblitt-Sparks Ind Inc Rights i cap 5 * 55* May 1 285* May 26 95* 35* 5* 6 5* 35* 35* 25* 25* 45* 21 19 8 25 11 25 8 6 21 26 8 15 4 105* 4 5* 5* 85* 55* 65* 3% 35* 5 39 95* 495* May May May May May May May May May 12 May 1 May 6 May 1 May 25 ""5* Sale Sale 165* 16 17 / 165* :J55* 8% Sale 30 Sale 1% 1% 41% Sale North American Car com..20 Northwest Bancorp com....* 13% Sale Northwest Eng Co com 27 • Nor West Utll pr lien pref.100 Common __.._* Convertible preferred * ~6% " 71 39% 115% 21% 14% 29 MS g» ?B ... 56. 29 125 25 435* Jan. 1 22 19 89 Jan. 25 28 285* Feb. 25 4 Mar. 20 13 25 Feb. 10 Jan. 19 4 135* Feb. 345* Mar. 17 4 29 4 27 Jan. 5 95* Jan. 26 5 165* Jan. 4 Apr. 29 385* Mar. 18 275* May 13 245* 65* Mar. II Jan. 50 195* May 8 155* Mar. 2 125* Jan. 20 „ 45 45* 95* 265* 65* Jan. 22 Mar. 3 Jan. 26 Mar. 29 Jan. 14 Jan. 20 485* Feb. 11 42 41 Jan. 54 49 May 575* Mar. Jan. 32 25* Jan. 21 Apr. 2 7 22 25 Apr. 12 19 Jan. 305* Mar. 10 70 Jan. 29 55* May 27 26 5* May 8 275* Feb. 1 35* Mar. 30 95* May 21 35* May 19 Jan. 4 May 25 May 11 May 25 Mar. 25 _ Apr. 15 45* May 21 37 May 26 75* Jan. 7 47 May" 12 25 May 20 275* May 17 5* May 28 165* May 17 295* May 1 ;4 May May 1 5 65* May 3 17 Mar. 12 Jan. 45* Jan. Jan. _ 285* Sale 25* 25* 43 Sale , 6 May 24 285* May 1 15* May 27 415* May 18 305* May 28 25* May 4 445* May 4 315* Sale 6 May 105* May May 635* May 315* May 7; May 26 12 May 5 305* May 6 65 May 14 37 May , 8 25 195* May 24 20 May 28 135* May 27 29 May 20 245* May 10 15* May 13 13 5* 305* 245* 15* May 22 May 7 May 10 May 1 305* Sale 2 42 , Sale 43 ' see page 4 8 455* Jan. 165* Feb. 25 125* Mar. 1 Mar. 27 Apr. 21 225* Jan. 11 Feb. 7 11 Mar. 31 Jan. 22 29 5 155* 75* 15* 125* 95* 95* Jan. 25 Jan. 25 Jan. 16 Jan. 28 Feb. 5 Mar. 4 5 Feb. 4 85* Jan. 18 85* Jan. 13 465* Jan. 2 Jan. 10 Jan. 79 5* May 28 145* Jan. 6 32 28 Jan. 22 8 15 495* Feb. 5 40 Apr. 21 26 Feb. 23 185* Apr. 1 275* May 17 Jan. 20 315* Jan. 65 I 15 Jan. 6 175* May 14 2 95* Jan. 9 95* Apr . 40 8 May 60 195* 1% Sale 28 14 40 19% Sale 12 May 9}* Jan. 965* Jan. 295* May 75 May 175* Apr. 6 May 2 May 1% Jan. 38 Apr. 75* Jan. 32 May" 13 * 4 48 7% 50 '22% Sale 35* Sale 23 35* Sale 95* Sale 35* 35* 5* Sale 5 65* 4 45* 4% , 60 55* 75* Sale a 7% 5,750 Parker Pen Co (The) com 10 25 25,800 Pea body Coal Co B com....* 2% 340 6% preferred..... 100 51 4,650 Penn Elec Switch conv A.. 10 3,850 Penn Gas A Elec A com.....* 1,860 Perfect Circle (The) Co.....* 18,350 Pictorial Pap Pkg com......5 56,650 Pines Wlnterfront com ...1 15,150 Potter Co (The) com 1 57,350 Prima Co common..........* 5,800 Process Corporation com...* 3% * 9,150 Pub Serv of Nor 111 com 83 Common.. 2,050 60 83 6% preferred 2,160 190 117 7% preferred....... 190 119 1,440 For footnote* , Sale^ 3% V 25* ""2 5* 26 4 7 14 27 28 8 3 12 14 Apr. 3 25* Jan. 12 17 Apr.; 9 _ ' conv. 7% preferred ....100 Okla Gas A El 7% pref 100 1,370 Ontario Mfg Co com.. Oshkosh B'Gosh Inc— 1,300 30 13 6 20 17 355* May 6 795* May 1 23 May 24 65* May 5 25* May 3 25* May 5 40 May 12 9% May 8 30 May 19 May 13 May 11 May 44 May 24 4 May 3 30 54 3% Sale 105* Sale 7 ...100 National Standard-— Common stock 10,500 39,600 National Union Radio 58,000 69,950 29,550 116,250 9,100 2,210 4,490 i.y'V 60 Sale Sale 5% Sale % Sale 105* 11 Republic Invest Trust— Cumul. 5% 27% 66 Sale 30 2,850 Nachman Sprlngfllled com.* 2,740 National Battery Co pref * 1,700 National Gypsum A n-vcom.5 81,750 National Leather com 10 2 12,850 Nat'l Pressure Cooker Co 21,060 2% 4 275* May 13 49 May 19 49 May; 5 50 22 2% 25 19 13 215* May 20 4 May 6 395* May 13 415* 53 Sale 29 18 12 44 3% 75 Sale 275* 175* 3 50 ""650 42 25 150 3,800 2 295* May May 20 May 6 May 2 May 2 May 385* May 85* May 30 May 175* May 115* May 95* May 40 May 4 May 75 22 ■*""30 100 2% 1 3 100 305* -_-. 215* 22 6% Sale 25* Sale 2 25* 385* 41 2V% 6% Sale 2% 38 - 29 . 21% 24 195* Sale Nat 1,400 405* 8 28% 7% 3,780 McCord Rad A Mfg "A" • 7,600 McGraw Electric com ....5 1,200 McQuay-NorrlsMfgcom.... * 100 McWllllams Dredging Co....* 36,950 Manhatt-Dearborn Corp com* 1,040 Mapes Cons Mfg capital ♦ 80,750 Marshall Field A Co com...* 150 Masonite Corp common.....* 48,410 Mer A Mfrs Sec cl A com 1 10 Mountain States Pow pref.100 1,450 Muskegon Mot Spec cl. A...* 550 Sale 27 10 180 1,350 2 38 * """366 "8", 850 20 — 33 Sale 10 common 6,790 Miller A Hart Inc cony pref.* *8,750 Modlne Mfg com 6,750 Monroe Chemical Co com...* Preferred.... 1,070 330 "2% Sale * preferred 125 32% 79% 6 Kingsbury Brewing Co cap.l Cumulative 84% 21% 5 La Salle Ext Unlr com. ...5 Lawbeck Corp 6% cum pfdlOO Le Roi Co Sale 83% 20% 59,300 Lion Oil Ref Co com 37,550 Loudon Packing common * 4,000 Lynch Corp common ......5 210 200 600 500 38 Ken-RadTube A Lpcom A..* 30 ~5", 600 120 100 Kentucky Utll f r cum pref. 50 6% preferred 100 385* Mar. 23 May 105* May 7 ' 28% Sale 41 22% 15% 29% 265* Sale 55 16% Sale 7% 3} 3 2 4 85 Sale 119 120 65* Sale" 115* 115* 305* 32 645* Sale 353* 38 106 1155* 155* 205* 13 it* 4K il* 16 6 5* ""65* 115* Sale 285* 25 65 ; 125* 295* 135* "25"" Sale Sale 3* 53 125* Jan. 12 365* Feb. 10 Feb. 16 Jan. 63 5* Apr. 6>32 20 195* 20 13 12 135* P 12 3 13 14 28 13 11 5 11 21 22 4 May 4 May112 May May May May May May May May May May 25 6 7 15 1 20 11 11 4 24 Feb. 3 Mar. 29 5 95* Feb. 165* Jan. 15 r Mar. 11 37 28 81 Jan. 25 315* May 28 54 Jan. Apr. 23 116 Jan. 25 14 19 , 185* Mar. 30 215* Jan. 13 Feb. 29 Jan. 155* 305* 295* 25* 245* May 15* Apr. 51 195* May May 32 30 35 May 325* 34 6 5 May 55* Sale 65* 25* 2^4 May 25* Sale 35* 4 35* 35* May 35* 15* Sale 15* May 15* 35* 25* May 74 79 77 80 May 73 76 80 80 75 May 112 115 May 1115* Sale 110 115 Sale 116 117 May rlH, 14 17 25 27 28 Apr. 29 106 Sale "26"" 53 28 6 285* May 15* Jan. 395* Jan. Apr. May 14 May 17 Jan. 195* Apr. 12 May 30 May 55* May 25* Jan. 35* Jan. 15* Apr, 25* May 74 May 75 Apr. 110 May 114 Apr. 55 8 Feb. 23 Apr. 16 Jan. 18 25 Jan. Feb. 26 245* Mar. 8 175* Jan. 14 35 Jan. 11 Mar. 16 1 35* Feb. 3 5% Feb. 35* Jap. 20 Jan. 18 995* Jan. 12 120 Jan. Jan. 12 12 122 Jan. 12 99 STOCK In Since Jan. 1 Par 800 3 900 1,800 Co Common. 10 24,000 Preferred —100 140 12,850 Rolllna Hoe Milla coot pref.* Reliance Mfg 450 *5,690 * 30 Rose Gear & Tool com 1,600 1,100 1,100 2,850 , 590 1,350 90 2,100 - 60 280 280 370 12302156980 1109827 11,570 6,150 >: 200 150 2,500 6,450 6,150 15 Swift Internadonal 25 15,600 Thompson fJ R) com.. 650 Trane Co (The) common....2 168,710 Utah Radio Products com..* 5 44,300 Utility A Xnd Corp com Convertible preferred 7 47,750 200 Utility Power & Light cl A.l * 1,490 Viking Pump Co common 350 650 13,600 3,200 1,500 80 530 20 800 10,550 3,750 1,500 : 7,950 Common ..* 88,000 ...2 34,600 Wood all Indust com 8,150 Yellow Cab Co Inc (Chic)..* 57,050 Zenith Radio Corp com.....* 60 400 - • ...... , Stock split-up on a c ... t Formerly the A. & K. No par value, dividend, Sale 111 Sale 110 134 135 140 130 18 < 22 5 32^ Sale 4% * Sale Sale 17 X Sale 110 27 25 70* 2 2* 82 16* 23* 34 Sale 21 20* Sale " 81 * 11* 31* 32* Sale 28 33 23* 22* 5 100* 93 92 83* 15* 4* 18 11* 85 Sale 74 25 Sale 18 Sale 20 Sale 22 24 25* 32 30* 10 Sale 12 10 10* Sale 4* 5 40 38* 29 23* 40 .... 41 Sale 147 143* 149 145 23 Sale 21 23 22 7 21* Sale 10 10* 8* 8 8 8* 7* 11 11* 21* 10* 87* 23 14 13 21 32* 21 36 18 24* 1 24* 5 22 6 103* 14 25 26 1 25 28 10 11 14 19 28 14 27 13 22* May 18 40 > May 22 93 78 2M 18 12* 23* 25 31* May May May May May May May May May May May May May May May May May May May 8* Sale 13* Sale 25* Sale 34* Sale 20 33 35* Sale 8* 12 Sale Sale 18 11 Mar. 24 30 , Jan. 31 14* Mar. 31 35 16* Jan. 2 40 Apr. 9 26 19* Jan. 5 27* 5 7 May 22 100* May 6 107 92 May 14 95 74 May 25 83* 15* Jan. 2 20* 4 5* Apr. 2 17* May 25 20* 11 Jan. 4 15* 22 May 10 24 May 11 30* May 14 May 19 May 28 9* May 10 May 22 4* May 1 1* May 15 3* May 4 Feb. 26 May 0x4 May 10* Jan. 22* Apr. 39 Jan. 23* May 21 40 May 22 May 18 May 20 17* May 15 32* May 24 6! 103 6 " 6 8* May May 20* May 36* May 12 6* 10* 17* 31* 27 13 14 9 15 May 18 May 20 May 15 Apr. 7 Petroleum Co.; change in title approved by stockholders April 13, 1937. a New e 60% stock dividend paid Aug. 15, 1936. x Ex-dividend, y Ex-rights. 11 Mar. 11 95 8 22 23 i. Feb. 87* Mar. 5 Apr. 12 28* Feb. 15 42 34 3 12 4 21 7 4 6 3 22 26 3 4 7 7 24 8 1 1 5 Mar. 3 Apr. 22 Mar. 6 Mar. 9 Jan. Jan. 8 26 28 Jan. Jan. 6 May 7 Jan. 28 Mar. 2 Mar. 8 Mar. 8 Mar. 8 Mar. 31 15* Mar. 4 May 22 4* Apr. 9 23 Jan. 2 25 6* Feb. 4 Jan. 14 11 24* Feb. 23 Jan. 40 26 Jan. 20 5 2* May 28 2* May 2* May 28 626* May 26 49* 26* May 26 29* May May 18 156 141 May 18 142* May 13 141 20* Feb. 19 26* 21* May 25 22* May 10 12* 7 8 May 6 7 May 28 May 2* Sale 26* Sale 2* Sale 5* 37* 22* 23* 23* 4* 1 Sale 40 18 May May May May 3* May Sale 4* Sale 1 1 * 3* 4 2* Sale 21 21 May May May May May May May May May May May May May May May May May May May 9* 22* 3* : * Sale 5 Feb. 2 Mar. 12 Feb. 1 Jan. 8 Apr. 29 Jan. 12 111" Apr. 20 Feb. 11 34* May 10 Jan. 21 May 21 20* May 21 81* May 18 11* May 14 73 105 31* 20 70 "5" "6* 25* 18 Jan. 15 34* May 10 30 83 '29 1 May 27 Sale 25* 30 Jan. Jan. 4 2 28 .08 30 Sale May 27 125* Apr. 23 150 May 20 Jan. 5 18 110 "38* "40"' 27* 110 .21 25 Sale 25 Sale 26* 30 6 5 6 28 May May May 5* May 2* May 25 May 19* Sale Sale 2 33 H 108 2 27 115 May 1 4 142 May 24 20 22 May 1 6* May 7 13 2 * May 3 5 28 28* May 7 e 130 Feb. 8 Feb. 15 Mar. 10 Feb. 1 Mar. 12 6 15* Feb. 19 27* Jan. 14 40* Feb. 17 stock. 6 Ex stock two-for-one basis, Yugoslavia '! — Polish Leu Zloly Checks 6-. 7 8.....--- — 16——. 16. Argentina Brazil Marka Peso Milreis 532a3j6% premium 532<i1364% premium 3i6a* % premium 732a*% premium 732fl1s64% premium 732fl*% premium 3.48*a3.49 3.48*a3.49 3.48*a3.48* 3.48*a3.48* 3.48*a3.48* 3.48*a3.48* .73 3.48*a3.48* 3.48*a3.48* 3.48*a3.48* 3.48*a3.48* 3.48*a3.48* 3.48*a3.48* •• • Checks Cables Checks Cables 32.92 32.93 8.7108.81 8.72a8,82 8.7108.81 8.72o8.82 18.94al9.00 19.75al9.80 2.30*a2.33 18.94al9.00 19.75al9.80 2.30*a2.33 a. 75 • Checks 2.17*02.18* 18.94al9.00 19.75al9.80 a.75 .73 • Checks 1.29ol.35 8.7108.81 8.7208.82 8.7108.81 8.72o8.82 8.7108.81 8.72o8.82 8.7108.81 8.72o8.82 Checks .73 a.74* Cables 18.94al8.98 19.75al9.80 2.31*o2.33 SUN DAY >. .73 a. 75 .73 2.30*a2 33* 1.29ol.35 2.17*02,18* 32.90o32.91 32.91o32.92 32.92 32.91 1.2901.35 2.17*02.18* 1.2901.35 2.17*02.18* 32.90o32.91 32.91o32.92 32.92 32.91 1.2901.35 2.17*02.18* 18.94al9.00 19.75al9.80 2.30*o2.33 32.92 32.91 1.2901.35 2.17*02.18* 18.94al9.00 19.75al9.80 2.30*a2.33 32.91 32.90 1.2901.35 2.17*02.18* 18.94al9.00 19.75al9.80 2.30*a2.33 a.75 .73 a.75 .73 a.75 .73 a.75 18.94al9.80 19.75al9.80 .73 a.75 18.94al9.00 19.75al9.80 .73 a.75 .73 a.75 18.93al9.00 19.75al9.80 18.94al9.00 19.75al9.80 .73 a.75 18.94al9.00 19.75al9.80 .72*a.75 18.94al9.01 19.75al9.80 2.30*a2.33 2.30*a2.33 2.30*a2.33 2.30*a2.33* 2.30*a2.33 2.30*a2.33 2.17*02.18* 32.90o32.91 32.91o32.92 1.2901.35 2.17*02.18* 32.92a32.93 32.93a32.94 1.29ol.35 1.2901.35 2.18 * as32 % 764C*% 7640*% 764«*% 764a*% 7640*% 18-—-. 19. — 23—— premium premium premium premium premium premium 02.18* 32.94 3.48*a3.48* 3.48*a3.48* 3.48*a3.49 3.48*a3.49 3.48*a3.49 3.48*a3.49 .73 a. 74 18.91al8.98 19.75al9.80 .73 a.74 18.94al8.98 19.75al9.80 .73 a. 75 18.94al9.00 19.75al9.80 .73 a. 75 18.94al8.98 19.75al9.80 .73 a.75 18.95al9.00 19.75al9.80 .73 a.75 2.30*02.33* 2.30*a2.33* 2.30*02.33* 2.30*a2.33* 2.30*02.33 2.30*02.33 , 18.94al9.00 19.75al9.80 SUN DAY s32a764% 33za764% 764% 764% premium premium premium premium 'i6as64% premium 27...———. *32®332% premium 8.7208.83 8.7108.82 8.72o8.83 8.72o8.83 8.71o8.82 8.72o8.83 8.71o8.82 8.72o8.83 8.7108.82 8.7208.83 32.95 32.94 02.18* 2.17*02.18* 32.94032.95 32.95032.96 8.7108.82 8.72o8.83 8.7108.82 8.72o8.83 02.18* 32.93o32.94 32.94o32.95 32.94 32.93 02.18* 8.71a8.82 8.72o8.83 8.7108.82 8.72o8.83 02.18* 32.93o32.94 32.94032.95 02.18* 32.93032.94 32.94a32,95 8.7108.82 8.72o8.83 8.7108.82 8.72o8.83 8.71o8.82 8.7208.83 SUN DAY l:'"V 1.2901.35 2.18 1.2901.35 1.2901.35 2.18 1.2901.35 2.18 1.2901.35 2.18 1.2901.35 2.18 A — 24— 8.7208.82 8.7108.82 8.71o8.82 32.95 32.94 32.94 2.17*02.18* 1.2901.35 2.17*02.18* 32.90a32.93 32.91a32.94 1.2901.35 2.17*02.18* 32.93032.94 32.94032.95 1.2901.35 — 17 8.7108.81 SUN DAY 9-. 14— Finnish Lev Checks Checks 3.48*a3.48* 732a,564% premium 732a,564% premium 732fl3'i28% premium 732a1564% premium ,164a3i6% premium 964fln64% premium .; garia Dinar Hungary Pengo Checks • — Rumania Koruna 532a3i6 % premium .... — slovakia Dollar Bul¬ (Serbia) Czecho¬ Canada May 6———; 3.48*a3.48* 3.48*a3.49 3.48*a3.49 3.48*a3.49 3.48*a3.49 3.48*a3.49 .73 .73 18.90al9.00 19.75al9.80 2.30*02.33 18.93al8.99 19.75al9.80 2.30*a2.33 a.75 a. 75 1.2901.35 2.18 1.29ol.35 2.18 1.29ol.35 2.18 .73 a.75 .73 a.75 18.93al8.99 19.75al9.80 2.30*a2.33* 18.93al8.98 19.75al9.80 2.30*a2.33* 1.2901.35 2.18 .73 a.75 18.93al8.98 19.75al9.80 2.30*02.33 1.29ol.35 2.18 .73 a.75 18.93al8.98 19.76al9.80 2.30*a2.33 1.2901.25 2.18 02.18* 02.18* 02.18* 02.18* 02.18* 02.18* 32.94 32.95 8.7208.83 32.94032.95 32.95032.96 8.71o8.72 32.93o32.94 32.94o32.95 8.71oS.82 8.72o8.83 32.93o32.94 32.94o32.95 8.7108.82 8.72o8.83 32.93o32.94 32.94o32.95 8.71o8.81 8.72o8.82 8.7108.81 8.7208.82 32.89 32.90 SUN DAY HOLI DAY Bolivi ano Checks 4.00 1 zuela Colombia dor Uruguay Peso Sucre Peso Checks Checks Checks Checks 54.00a56.96 10.00 78.50o78.80 31* Bolivar Shang Hong Vene¬ Ecua¬ Bolivia May Singa¬ Yoko¬ Chile Peru Portugal Kong hai hama Manila Sol Escudo Dollar Yuan Dollar Yen Peso Dollar Checks Checks Checks Checks Checks Checks Checks Bombay pore Peso Checks 5.1605.19 26.00o26* 4.4804.49* 30.66o30,3j6 29.83o30* 1 Java Rupee Ouilders Checks Checks 37.30a37.33 55.06 28.77028.79 503i6 O50.20 57.89o58.00 37.27a37.28 28.77o28.79 303i6 O50.20 57.89058.00 37.27a37.31 28.76028.79 503,6 O50.20 57.89o58',6 37.27a37.30 55.07 37.27o37.30 55.08 28.80o28.81 503,e O50.20 57.92a581is SUN DAY 2—. 31* 31* 5.1605.19 26.00O26* 5.16o5.19 26.00O26* 78.50a78.80 31* 31* 10.00 78.50a78.80 31* 5.1605.19 25* a26* 10.00 78.50o78.80 31* 5.1605.19 25* o26* 54.00056.96 10.00 78.50a78.80 4.00 54.00056.96 10.00 78.50a78.80 4.00 54.00056.96 10.00 78.50o78.80 54.00O56.96 10.00 54.00a56.96 54.00a56.96 3 4.00 4—• 6 6 4.00 7 3.50 8 . Highest Sale Prices DAILY RATES OF EXCHANGE ON OTHER CENTERS 4 20 Lowest Sale Prices Wisconsin Banksharea— 2 13 Highest Sale Prices 115 121 Preferred—........—--* * 14,460 Wahl Co com ..* 31,580 Walgreen Co com 540 Ward (Montgom) Ac Co cl A.* * 7,800 Wleboldt Stores Inc com 10,160 Williams Oil-O-Matic com...* 2,050 5,580 1 3 * 4,750 Sangamo Electric Co— Common (new) ♦ 2,700 17,950 Schwitzer Cummins capital. 1 * 5,000 Sears Roebuck 8c Co com 1 10.650 Serrlck Corp cl B com 3,340 Slgnode Steel Strap Co pf.30 Common * 10,500 1300 Slvyer Steel Castings com...* 23,750 South Bend Lathe Wks cap 5 300 Sou Colo Power A common. 25 760 Southw GAcB Co 7% pref.100 1,520 Southwestern Lt Ac Pow pfd. » 1,030 St Louis Nat Stockyards cap * 48,070 Standard Dredge cost pref.* Common 27,900 2,700 Stein Ac Co (A) common—..* 10 11,000 Storkllne Fur com 16,200 Sunstrand Mach Too lcom._* 25 57,400 Swift At Co stk 37,150 Ask Bid 120 144 Lowest As? Ask Bid Bid Sale Prices May 28 May 1 1937 * 12,145 Quaker Oata Co com Preferred li® 1,220 W 3,650 Rath Packing Co com 39,200 Raytheon Mfg Co com vtc 50c 6% preferred v tc._— 5 26,300 1,310 410 • stocks Shares Shares range since jan. 1 Price EXCHANGE Jan. 2 May ; prices in may CHICAGO sales aggregate EXCHANGE STOCK riTTTCAGO 56 3.50 5.16o5.19 26.00O26* 5.16o5.19 25* 026* 4.47*o4.49 30.66a3013i6 29.81o30* 4.47*04.49 30.65o30'3,6 29.81o30* 4.47*o4.49 30.66o30'3,6 29.81030* 4.47O4.50 30.66a30,3i6 29.81O30* 4.47*a4.50 30.65a3013i6 29.79O30* 4.47O4.50 30.64O3013i6 29.79030* 28.78028.80 503,6O50.20 57.92058',6 55.07 55.07 28.77028.78 503i6 O50.20 57.90O58',6 37.27o37.30 55.08 28.77028.79 503,6 a50.20 57.89o58',6 37.27037.29 55.08 5.16o5.19 25* o26* 4.47*o4.50 30.65o3013i6 29.83o30* 5.1605.19 25* 026.00 4.48o4.50 30.66O3013J6 29.79030* 28.77028.79 503i6 050.20 57.89O58'16 28.78028.81 503,6 O50* 57.95o58* 37.27037.30 55.12 5.16o5.19 25* O26.00 4.47*a4.50 30.68a30,3i6 29.80a30* 28.78028.82 503,6 O50* 57.97058* 37.28a37.33 55.19 5.1605.19 25* 026.00 4.47*04.49 30.66o30'3,6 29.83030* 28.790.82* 50316 O50* 58.00O58* 37.30037.32 55.15 55.14 SUN DAY 9 3.70 54.00a56.96 10.00 78.50a78.80 31* 3.70 54.00056.96 10.00 78.50a78.80 3.70 0 54.00a56.96 10.00 78.50a78.80 3.70 54.00056.96 10.00 78.50a78.80 37.28037.31 65.19 14 2.70 54.00a56.96 10.00 78.50a78.80 31* 31* 31* 31* 30.63O30,3i6 29.79030* 28.77028.80 503,6 O50* 15— — 3.70 54.00a56.96 10.00 78.50a78.80 31* 5.16o5.19 25* O26.00 4.47*04.49 30.62o30«32 29.81o30* t, SUN DAY 28.79028.81 503,6O50* 57.92a58* 57.95058* 37.26037.33 37.29037.34 55.15 3.70 54.00a56.96 10.00 78.50o78.80 5.16o5.19 25* 026.00 4.47*a4.50 30.64O302532 29.79o30* 10.00 78.50a78.80 58.00O58* 58.00o58* 55.15 54.00a56.96 28.80028.81 503,6 a50* 28.79028.82 503i6 O50* 37.31037.35 3.70 31* 31* 37.31o37.34 55.18 3.70 54.00a56.96 10.00 78.50a78.80 31* 55.16 53.50056.96 10.00 78.50a78.80 37.29o37.30 55.18 28.79028.81 503,6 a50* 57.98058* 57.95058* 57.95058* 37.29a37.33 3.70 28.79028.82 503,6 O50* 28.79o28.81 503,6 050* 37.28a37.29 65.19 28.79o28.81 503,6 050 * 57.95o58* 37.28o37.30 55.19 28.79028.81 503i6 050* 28.79028.81 503,6o50* 57.94o58* 57.94o58* 57.92o58* 57.92o58* 37.29o37.32 55.19 37.28o37.32 55.19 11 — 13----- 18 21—- 3.70 53.50056.96 10.00 78.50o78.80 31* 31* 22 3.70 53.50a56.96 10.00 78.60a78.80 31* 24 3.70 53.50056.96 10.00 78.50o78.80 25--. 3.70 78.50a78.80 31* 32* 32* 32* 32* 32* 23-—- 99 — 53.50056.96 10.00 3.70 53.50056.96 10.00 78.50a78.80 3.70 26——- 54.00o57.03 10.00 78.50a78.80 3.70 54.00fl57.04 10.00 78.50a78.80 3.70 54.00a56.93 10.00 78.50o78.80 5.16o5.19 25* O26.00 4.47*04.49 5.16o5.19 25* O26.00 4.47*a4.50 30.63O30* 30.59o30* 5.16o5.19 25* O26.00 4.47a4.50 29.79o30* 29.79o30* 5.16o5.19 25* O26.00 4.47*o4.50 30.58a30* 29.79o30* 5.16o5.19 25* 026.00 4.47*o4.50 30.54o30",6 29.79030* 5.1605.19 25* 026.00 4.47*a4.50 30.53o30",6 29.79030* SUN DAY 5.16o5.19 25* 026.00 4.47*a4.50 30.51o30.65 29.79o30* 5.16o5.19 25* 026.00 4.47*o4.50 30.50a30.65 29.79o30* 37.29o37.32 30.49a30.64 29.79030* 28.79028.80 503,6 a50* 37.28o37.32 4.47*o4.50 30.53o30.70 29.78O30332 28.78028.79 503,«o50* 28.76028.80 503,6 O50.20 57.92o58.05 37.28o37.30 4.47O4.50 30.52O30»16 29.78030*2 5.16o5.19 25* O26.00 4.47o4.50 5.16o5.19 5.1605.19 25* 25* 5.16o5.19 25* 025* 4.4704.48* 30.50a30.65 29.80O30332 SUN DAY i HOLI DAY ' 28.75* 503,6 a50* 57.86o58.00 37.25a37.30 55,19 55.19 55.19 55.17 Baltimore Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE 'M'' Stock Sales 1937 May.. Jan. 1 to May 31™.... AQGREQATB In SALES .... 1936 46,349 442,313 Shares, 31,457 304,585 BALTIMORE STOCK EXCHANGE Jan. 1 to May 31. PRICES IN MAY May BONDS $ $ BALTIMORE CITY BONDS— 500 May 1 1937 Bid Ask Bid May 28 Ask Bid Ask RANGE SINCE JAN. 1 Lowest Lowest Highest Sale Prices Sale Prices 113 Mar. 22 Highest Sale Prices 1 Sale Prices 110 May 12 116 1133*'May"~6 600 33* a New Sewerage Imp.. 1980 1,000 Bait Co 3d acbool 4H»-~ 1940 9,000 Atlantic Coaat Line 5% ctfa. 113 M May 12 May" "6 Apr. 16 116 May 12 116 115 116 500 City 4s Dock Impt.......1961 300 4a Paving Loan .....1951 7,000 $260,350 1,318,600 Jan. 2 70C 4s Annex Improvement.. 1951 2,000 City 4s 3d Sewer Ser (cpn) *59 1,200 4« Sewerage Impt... 1961 '2,066 -1936 1937 $270,360 926,550 _____ Price Since Jan. 1 221,500 26,950 13,000 5,000 Bond Sales May Feb. 4 119 May 12 Jan. 1083* Jan. l05>i"May"4 105^ May" 32 664,000 Balt Transit Co 4s flat..l975 A 5s Hat 188,350 1975 B 5s 1975 34,000 6,000 Georgia Marble 6s flat 1950 15,000 Ga Southern 8c Pla 5s... 1945 383* 34 40 32 Sale 383* Sale 100 29 J* May 18 33 May 363* May 18 39 May May 18 100 3* May 92 6 93 May May 100 92 4 4 6 5 3 11 113 3* May 6 6 USX May Feb. 15 114 Jan. 28 115 108 Feb. 16 108 Feb. 16 15 108X Jan. Jan. 28 10654 Jan. 105 29 5* May 18 415* Jan. 36 3* May 18 48 Jan. 15 14 8 6 May 18 104 Mar. 17 13 Mar. 12 100 May Jan. 92 71 93 3 725* Feb. 11 Interstate Bond Co coll tr 4,000 5% series BBB 1944-51 14,000 Read Drug & Chem 53*8.1945 2,000 Sharei 44.419 1,545 7,644 916 1,476 100 578 8 Eastern Sugar Assoc com ...1 Preferred 1 133 50 145 730 491 398 100 ... Fidelity A Deposit 20 Fidelity A Guar Fire Corp. 10 Finance Co of Am class A...* Class B * nil! Sale 115 Sale 7,487 120 . 183 25 Preferred 404 MfTs Finance 1,534 357 858 100 15,225 104,901 12 290 951 56 294 8 4,341 40 1,700 195 2 75 10 7,172 65 ..... Mar Tex Oil 45n ----- 122 123 44 X 46 12% "273* Sale" Sale 114 40 713* Sale 32 26 1 Sale 41 "l3~~ Sale' 20! 42! Sale "No par value. 23 Sale 'Hi Sale 223* Sale Sale ii ~45* Sale Sale 385* 26X 13* 4 6 72 36 * Sale 35* Sale A Guar .......2 20 22 3* May 24 523* 15* May 15 23* 4 May 18 55* 3 33* May 11 263 May 28 313* 71 May 26 755* 113 May 1 114 205* May 26 275* 393* 1215* 393* May May May May 13 May 133* May Jan. 2 2 May 4 May 10 May 11 May 5 May 11 May 3 May 3 May 5 May May May 273* May 713* May 112 Apr. 3 15 9 18 11 33* 27 38 26 893* 7 115 25 313* May 6 26 41 May 6 20 1273* May 3 18 413* May 24 25 133* May 11 13 133* May 13 275* May 39 Apr. 1215* May 393* May 123* Jan. 125* Jan. 25 503* 29 48 20 136 18 485* 135* 4 15 133* 50 33* May 14 May 13 213* May 18 60 Jan. _ Apr. 22 Mar. 4 Jan. 11 Jan, 20 May 11 Jan. 22 Jan. Jan. 5 Jan. 8 Jan. 6 2 Apr. 3 Jan. 22 Mar. 11 Feb. 9 "913* 109 X 343* May 25 255* May 20 63* May 18 73 May 13 11 443* 27 165* 1 993* 1 18 22 80 26 108 3 101 May 11 May 1 May 12 May 6 May 4 May 26 May 3 —4— Sale 253* Sale' "23 3* L Sale 44 34 34 3* May May 22 225* May 14 May 14 May 22 253* May 4 25 21 22 24 13 13* Jan. 21 123* 25* 45* 43* 277 35 Apr. 9 255* May 20 4 3* Feb. 3 41 Jan. 15 Jan. 19 Jan. 5 Apr. 22 May 19 Jan. 13 275* Jan. 27 75* Apr. 27 70 Jan. 22 82 44 Jan. 11 443* May 11 2 183* Feb. 14 May 27 973* Apr. 28 104 13* 5* May 18 95 77 May 22 108 May 26 1113* Mar. 29 1033* 101 Jan. 28 15 183* 15 44 28 353* 25 Apr. 243* Jan. 425* Feb. 90 Mar. May 19 May 1 265* May 7 7 May 13 75 May 26 15 Feb. 62 May 14 May 4 May 1 May 28 May 1 36 Feb. 4 35* May 4 May 13 233* May 3 60 1 1 May 14 103* May 14 113* 13* May 10 13* 4 4 May 28 35* May 10 43* 275 May 11 277 443* May 16 Sale 14 14 Sale May 975* Sale 985* 995* 973* May 3* Sale 5* May 77 78.3* 795* 74 May 108 108 May 101 May 25 U S Fidelity 343* Sale 263* Sale 74 165* Sale 102>* ..10 Preferred Sale 273* 53* 184 Phillips Packing Co., pref. 100 237 Seaboard Gomm'lcom A...10 Western National Bank 99 Apr. Apr. 14 99 1003* Jan. 25 1015* Apr. 29 88 42 New Amsterdam Casualty..2 363 Northern Central Ry..,...50 62,503 1,320 3 41 123* Sale" 25,770 Owings Mills Distillery ....1 1,094 Penna Water A Power com..* Class B 3 101 5* May 25 60 100 42.027 10 45 Sale' 4 30 ....... Preferred 1223* 50 March A Miners Transp * 4,412 Monon W Penn PS 7% pref .25 1,326 Mt Vern-Wood) Mills Com 100 23 28 Sale 43* Sale 3,700 Preferred... Sale 43 127 133* Common class A 9 National Marine Bank Sale t—.* 1st preferred.. .25 Second preferred........25 12 Mercantile Trust Co 2.491 Sale Sale 30 25 common v 2 75 113 306 Preferred..............100 55,804 Houston Oil preferred....100 124 Humphrey Mfg Co com.....* Sale 30 87 6 Ga Sou A Fla Ry 1st pref.-lOO 2,824 Guilford Realty com.......* 423 73 10,677 5% preferred ~~2 23* Sale 51 225* Sale 21 5 Sale Sale 14,659 10,345 3,907 3,368 1,270 558 : 1015* May m] 18 46 Black A Decker common....* Consol Gas SLA Power....* 196 10IX par Corporation.......* Atlantic Coast L (Conn)...50 Bait Transit Co com v t c_._* 3,784 8,122 1,865 1,141 • Arundel 9.867 1st Preferred v t c ..* 100 Benesch & Sons Co Inc.....* 497 ? STOCKS. Shares 3.832 1015* 100 5* Feb. 3 44 May 22 225* May 14 34 Apr. 12 18 Mar. Feb. Feb. Feb. 4 9 9 10 Mar. 17 Mar. 1 Feb. 16 Feb. 10 45 Apr. 24 293* Jan. 16 37 Jan. 5 'V; Boston Stock Exchange MONTHLY AND YEARLY RECORD :.;v' H • RANGE OF PRICES ON BOSTON STOCK EXCHANGE Stock Sales 1937 May Shares_ Jan. 1 to ' May ^ 1936 358,362 3,207,086 ; 356,634 3,261,961 ; : Bond Sales $19,050 i Jan. 1 to 1936 $35,000 211,850 319,150 1937. May May 31 5 SALES AGGREGATE _ PRICES IN MAY BOSTON STOCK EXCHANGE In May < Since Jan. 1 $ 209,000 76,750 15,200 4,350 4,450 2,200 Shares 800 - ; ' 350 233 STOCKS 588 39 .39 1,879 """136 2,280 628 703 ""'847 ! "4,412 275 308 915 588 190 1,271 344 80 1,301 Preferred B.. ...100 2,343 Ad justment. ...100 9,366 Eastern SS Lines. Inc......* ....... 476 855 ....... 200 2d preferred... ...» 697 Economy Grocery Stores...* 17,479 Edison Elec Illumination.100 11,903 Employers* Group Assoc T C* 3.259 General Capital Corp * 17 General Stockyards Corp pf.* 100 Georgian Inc (The) com * 3,732 928 200 17 100 A preferred 1,301 __20 5,703 Gilchrist Co » 11,882 Gillette Safety Raior Go....* 1,575 Hathaway Bakeries cl A..... 132 325 465 Hatha way's Bakeries pref...* 221 Class B 2,670 6,219 Helvetia Oil Co "¥,526 2,218 176 2,896 100 580 10 9,580 35 35 35 "2",528 240 1,206 2,941 18,720 21,957 3,478 275 1,477 1,635 300 20 1,275 3,600 191 "8",755 345 7,931 1.979 21,653 7,244 22,119 2,672 32,345 192,359 2,743 925 286 For footnotes IX 13** ""55* 1.618 2X $14 ----- Sale 50 u 2 2** 4X 5 18** (19 10 11% 37X 38% 3% Sale 53"" "56* Sale 136** 137"" Sale 65 26** Sale 11 il* 12** 6 51** Sale Sale 16 16 13 18 • \lH w 20 Sale 23" Suburban Elec Secur com..* 2d preferred............. % 140 10 91 Sale 2 Sale a\% Sale Preferred Utah Apex Mining Utah Metal Ac Tunnel. ...25 5 1 Worron page 59. fS I» Or On com • Sale 6** 1 IPs lb 50c *5 X 2% 113* 155* 5% 2** 11** 15**\ 5** 17 11 13 17 26 7 22 27 13 May May May May May Mar. 31 101 AH 70c Sale 24 63** 3** , 3 25c 45 38c '85c May May Apr. 160 Apr. 107** May 131 May 64 May 255* Apr. 1 lH 18 366H 11 Jan. 25 21 28 29 28 17 22 5 Jan Jan. 12 z Jan. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 4 5 Feb. 10 135* Mar. 30 130 May 1 May 5 80c May 20 6** May 3 635* May 445* May 2 J* May 44 May 12 May 6 May 105* May May Sale 15** Sale Sale 33* 38c 46 Sale Sale Sale 10 7 7 3 10 26 3 3 6 6 3 10 4** May May 245* May 60 May 3 May 38c May 465* May 10*1 May ** May 5*4 May 4 3 5 11 3 27 28 May Apr. Apr. May May May May May May May May Apr. May 10 % 5% 56J* 41** 2 40** 11** ■ 5 9 -t. 18 Jan. 21** 55** 2 ** 38c 45 May May May May May May May May May 3 25 13 28 19 27 5 28 15 15 16 Mar. Jan. 4 7 Jan. 2 4 9 20 6 26 3 10 Jan. 2 Mar. 4 Mar. 11 May 3 May 10 Apr. 26 11 Jan. 4 19 Apr. 6 Feb. 6 May 24 6 May 25 27 26 May 19 Mar. 19 Mar. 5 Jan. 18 Jan. Feb. Jan. 19 18 Jan. Jan. Jan. Jan. 12 11 15 Jan. Apr. 22 Mar. 12 Jan. Jan. Feb. Jan. 15 Apr. 30 3 % May 14 Jan. 29 29 14 17 11 13 17 26 7 22 28 13 Mar. 15 17** Mar. 130 May 21 May 42 May 101 May 15c May 8 6 23 25 23 8 8 30 4 5 30 8 27 Mar. 6 Jan. 13 Feb. 6 Feb. 10 _ 18 6 14** Jan. M 4 Mar. Jan. Jan. 1' 2 Jan. Jan. Jan. Jan. 8 Feb. Jan. Jan. Feb. Jan. 20 15 4 Jan. 95* Jan. 12 140** May 22 May 435* May 101 May 15c May 2** May 11** May 16** May 6 May 45** May A* May 70c May May May M$y 35 May 1** May ** May 30 60 1 15 "May""3 May 1 135 May 3 4 "T; May 3** May 18 4 12** May 13 15** May 27 130 21 42 L01 15c 22 48 22** 4** Sale 17** 163* Jan.' 28 Feb. 23 Jan. 4 Jan. 7 Jan. 7 1035* Jan. 28 104 81 May 14 89 855* May 24 95 95** May 17 101 50 18 Sale . 6 W "13 %May" May May May May 2 May 40** May 11** May 5** May 9 May 10% Sale 54 49** 16** 140 21** 42** 23** May 1 m May 17 5* 5** 56** 41** Sail* T 44 25 4 12 5 7 12 3 4 13 4 14 5 6 4 28 3 llti "16" "May" 14 64 63 May 35* May 20*4 May 171** May WP May 137 May 65 May 27** May May May 8 May May May -1554 May May May May 130 435* Sale 10 3*6 4** 3$ Sale 14 "85" Sale 70c —- 24 ~"% '"% 42 40 % Sale 41 8** ** 35* 60c 1 65c 365* Sale 44** Sale 3 15 25 L26"""MayT20 128*4May"23 3 7 50 2 ; 227H l8H Feb. Jan. Jan. 22 1 11 Jan. 2 15 Jan. 14 Mar. Jan. Jan. Mar. Mar. 64 3** Jan. Mar. 4 5 19 29 29 18 10 Apr. 29 56 Feb. Mar. 11 Jan. 13 116 Apr. 20 Apr. 27 x6 54 81 May 5% May Sale 15* May Sale L10** May Sale 20 May 23 18 May 80c 60c May 315* 30** May Sale 41** May 20 81 28 75* 10 15* 26 112 15 235* ,18 21** 6 60c 26 365* 14 445* May"2§ May 1 May 4 May 11 May 21 May 24 May 6 May 1 May 7 26 May 20 142 Feb. Sale 5% Sale 26 May 20 May 28 Jan. 4 Apr. 29 Feb. 15 May 18 Apr. 6 Apr. 28 "7% Sale* 25** 2% 3% 14 14** 29** Sale 3** Sale 50 "2X Sale Sale 2% 54** 56 Sale 34c 35c 27 275* 89** Sale 41** 42** 1*1 1** 1% Sale 1** 7 131 163 10 j 2 7** 17 11 35 Sale Sale 25 Sale 45c "55c" 30 87 Sale 37** "ix 15* 6** 129 135* 9** 35 Sale 39** 6 *4 23 "May" 17 May 2** May Sale 13** May Sale 19 May 2 May 3* May 54** 50 110 May Sale* 37 May Sale 45c May Sale 29 May Sale 86 May May 39** 38 3 Sale 1** 3 3 May 24 "2f« May 25 18 13 2** 8 50** 3 114 15 41** 12 55c 7 11 5 31** May" 18 395* May May May May May May May May May May May 1 ** May • 10 3 Jan. 4 Mar. '•'(New)Ji-....iiii..iM..w...s Union Copper Ld Ac Min Co 25 Union Twist Drill .5 United Shoe Mach Corp 52 May 6 95** May 17 Highest Sale Prices 16 Sale Sale 98 Torrtngton Co 21 :?4^. Certificates of deposit. Reece Button Hole Mach..l0 Reece Folding MachCo 10 Shawmut Assn T C Stone Ac Webster Inc cap stk. 92 Sale Prices Feb. 7 ' X : 22% 7.846 Waldorf System Inc.......* * 18,801 Warren Bros see 61 , 65c 110** Venezuela Holding Corp 1 60 Venezuela Mexican Oil CrplO 60 Vermont Ac Mass Ry Co...100 10 1,165 7 69 X 25* 3 50 :i«—* 15 155* 7 Sale 12 Sale 53 X 54 20 21 160 Sale 23 X Sale 43 X 44 100 18,680 Old Dominion Co.........25 5,057 Pacific Mills too 20.452 Pennsylvania RR..... 56 65.453 Rights 36,282 Quincy Mining Co ..25 2,860 940 65* xco 2.50 162 X 109 80c 99c 68 X 60 .100 .... • ~May"l4 "85" May" "4 85% May 2% May 18 May 162J* May 107** May 131 May 64 ,] May 26 May 7 ** May 11** May 6 May 46 May 14** May 13** May 16** May 17 May 16 May IX 3** 21 25 21** 13** Sale 25 X 11,334 N Y N H At Hartford 346,401 North Butte. 275 Northern RR (N H) 8,722 Cld Colony 210 530 653 1,979 85c 1** 8,853 v m 1 250 N E Gas Ac El Assn pref * New England Tel At Tel 100 30 New River Co com -.100 540 Preferred. i.._..100 "2",108 15 10 X 17 - 1 4,340 Mayflower-Old Col Copper.25 3,865 Mergentbaler Linotype * 38,666 Narragansett Rac'g Assn Incl 7,022 Nat Service Co com shs t C-..1 31,797 National Tunnel Ac Mines. _* 7,875 41 J* v Lowest Highest Sale Prices 855* May 24 95** May 17 16** 17 147X 150 (■■■■ 130 ; 3% 4 13% 15H Sale IX 2 12 X Sale 53,842 Isle Royal Copper........ 25 1,022 Loew's Theatres 25 19,412 Maine Central...... ..100 5,965 Preferred. .......100 17,531 Mass Util Associates v t c...» 47 932 11 * tr ctfs. 81 30 115* 95* 14 275 Int'l Button HoleMach Co. 10 560 1,036 27,380 .. . 11 ...... 1,005 145 , ¥* .... 965 1 100 ( Sale Prices 96 25 Class G 1st pref stamped 100 1st pref class C.........100 Glass D 1st pref stampedlOO 1st pref class D 100 First preferred Ask RANGE SINCE JAN. 1 100 100 ... : 100 .50 50 100 Class B 1st preferred Ask Bid — Par. * 3,462 Boston Personal Prop Tr * 301 Boston Ac Providence.....100 7,603 Brown At Durrel Co common. 56,160 Calumet Ac Heels 28 824 Cliff Mining Co... ...25 63,250 Copper Range Co ...25 3.845 Bast Boston Co.*............* 4,385 Eastern Gas At Fuel Assn com 4,349 4**% Cum Prior pref...100 5,005 6% Cum preferred ...100 3,138 East Mass St Ry Go 100 10 105 "" Series G 6s............1948 Series D 6s. .1948 Lowest May 28 May 1 Bid "If**::::: 94 , 2,111 1,577 1,143 1,500 3,076 1948 Ask Bid 1855* Sale 184 Bigelow-San Garpat pref.100 110 Sale 4,060 Boston 8tAlbany........100 146 Sale 10,614 Boston Elevated.. 67 Sale 100 10,167 Boston Herald Traveler Corp* 29 ** 30 1,628 Boston At Mains pref stpd.109 2.978 Common....... ......Id® 8** "8% 329 Preferred.............100 24,354 Prior pref .............100 36 J* Sale 19,237 Class A 1st pref stampedlOO 11 Sale 2,673 1st preferred class A....100 85* 10 6.805 Glass B 1st pxaf stamped 100 12 Sale 52 ,1.410 1,300 ; 50 StRRse«AO**s 1948 Series B 5s 4,215 Amer Pneumatic Sarrlca 3,405 6% non-cum preferred First preferred 1,438 45,583 Amer Telep Ac Teleg 7,483 843 East Mass Shares. 802 239 ; BONDS *4,000 Boston Term Go 1st 3 **8.1947 10,666 • Price '.«? Jan. 2 1937 2 Apr. 28 Apr. 3 Feb. 17 May 25 May 18 Jan. 3 16 Feb. 21 15 26 6 12 13 Jan. 23 May 15 Jan. Feb. 14 n7% 13% Sale 41 May 19 129 13** May 13 145* I 8** May 13 9** 35 > May 13 37 May 19 May 7 May 4 May 24 Feb. 26 Jan. 11 95* Mar. 8 2** Mar. 31 113*1 Mar. 17 8 29** Jan. 21** May 24 15* Jan. 18 44** Jan. Mar. Mar. Mar. Jan. Jan. 165* Feb. 331* Jan. Feb. Feb. 116** Apr. 50 11% 2|H iP 9 17 11 11 12 25 20 9 19 18 14 41** May 21 Mar. 11 Mar. 10 Jan. 29 25 6** Feb. 23 25* Jan. 16 2** Mar. 2 33 98 Apr. 28 46** Jan. Jan. Jan. Jan. 129 Feb. 15 Mar. 4 1 Mar. 22 7 4 Apr. 20 134 iw 93 9 16 Mar. 16 ar. 19 Jan. 21 Apr. 9 130 Apr. 21 Apr. 28 19** Feb. 11 Feb. 1 12** Jan, 15 Jan. 15 46 Feb. 5 * MONTHLY AND YEARLY RECORD RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE 73911936 Stock Sales ■ May Jan. 1 to May 31 Bond Sales ■ 1 1936 1937 May 217,331serahS 93,678 1,282,724 1,286,667 $1,000 Jan. 1 to May 31.... 1 $4,000 -13,000 r AGGREGATE In SALES May : PITTSBURGH STOCK EXCHANGE PRICES IN MAY ' . Since Jan. 1 RANGE SINCE JAN. 1 Price Jan. 2 BONDS 1937 May 1 : Lowest May 28 ;• If Lowest Highest - Highest * •• I 1,000 Shares $ Bid Ask Bid Bid : Ask Sale Ask Sale Prices 110 110 113 110 12,000 Pittsburgh Brewing 6s...1949 114 7 Sale Prices 1 110 May 1 May 900 Allegheny 8teel......«......* 10 " 5,784 loo 2,308 18,822 3,656 12,829 27,715 2,565 462 295 640 2,690 385 10 < 367 6,708 2,572 7 Duquesne Brewing.........5 Electric Products..........* Follantbee Bros pref.....t00 Port Pittsburgh Brewing—1 587 Jeannet Glass preferred..... I4"66O 787 Penn Federal Corp common111 Preferred 100 115,000 Phoenix Oil com.........25c 5% 5X Sale ..... 1 1,500 1,064 T.v. 75 20,050 Preferred 1 12,436 Pittsburg Brewing.........* 5,238 Preferred...—..........* 75 4,926 Pittsburgh Forglngs ...1 8,513 Pittsburgh Oil Ac Gnu.......5 1,113 Pittsburgh Plate Glass....25 23,372 Pitts Screw At Bolt Corp.... * ........... 864 243 1,494 2% 18 16 19 Preferred. .............100 29,930 Renner Brewing Co........l 1,150 140 18 10 2*0* 31 1 li Sale 12*166 20,105 1,315 Ruud Mfg.. ...........5 98,500 San Toy Mining 1 90,294 8bamrock Oil Ac Gas 3,303 Preferred.. TQQ .....* ............... 170,796 Rights 2,530 Standard 170,796 """576 93 -w.i. Sale 33 x 1% ;> 1 22% 23?-2f 12 Sale" 35 X 250 440 80 1,392 405 13X Sale 1 Sale 70 Sale 108% 109 Sale IX "70" 97 Sale 108 11% Sale ' 2 Sale 1*7% SaieT 8_ m 11% v 2J4 W Sale 3 4c 3)4 35 4 Sale 18% Sale 13% 13% ii 2X Sale 6 ex IX Sale 8c Sale 6c 10c Sale 5 10c 8c 35 5 39 X 7c 15c 5% 43 "2""; "16" 16% 125% 128 14% 15 , II" "95" 1 3 5 May 10 8% May 13 24% May 13 13% May May 1 May 43% May 70 May 108 May 30 13 13% 14 36 18 1% 13 46% 28 70 8 109% 11 May 13 2% May 13 58% May 17 8% May 17 6 May 17 1% May 4 May May May May May May 6 3 4 Mar. 12% May 3 63% v 9 % 7% 1% ■ May May May May 5 6c May 10c May 4% May May 21% May 2 May 114% May 14% May 36 1 10c May 14 5% 40% 22% 14 2% 19 122% 18 16% 5 10 1% Sale IX 18% 2 2c 3c 6% 6% 14 Sale 3c May May May May May May 1 1 8 12 4 4 24 3 6 1% May 13 4% May 12 6% Sale 29% Sale 13 X Sale 2 95c 4 2 May 1 4% May 12 ">l3cMay r-4 7X Sale 6% May 13% May 7% May 28 14 May 28 16c May 5 14 14% Sale 9c May 4 4 3% 53 "XX 1.00 1 Feb. Jan. Mar. Mar. Jan. Feb. Feb. Mar. Feb. Jan. 27 16 15% May 24 5 11 50c Apr. 1 May 19 Mar, 10 1 1H Feb. 5 Mar. 20 ISH Jan. 11 23 Jan. 4 „an. 18 2 Apr. 28 Jan. 30 Jan. 5 Mar. 9 Jan. 25 Feb. 11 Apr. 51% May 10 3% May 25 54 May 27 1% May 3 5 May 13 45% May 24 140 May 5 Jan. 16 Feb. 15 Mar. 5 Jan. 11 Mar. 11 9 Jan. 13 May 17 A Jan. 27 6c ! 8c Apr. 21 May, Apr.- May 11 Jan. 30 Jan. 14 Jan. 14 Feb. 2 5 5 3% Jan. 7 Jan. 35 18% Jan. 2 2 8 Feb. 9 Feb. 4 Mar. 12 14 Mar. 8 Jan. 29 1% Feb. 114% May 19 5 13% Jan. Jan. Jan. 16% •|Feb. Feb. Jan. 9 Apr. 22 1% Jan. 14 4% May 12 Apr. 14 Jan. >■; 5 2c 9c 4 6 ' -J Jan. 29 Mar. 11 May 12 Jan. Jan. Jan. 17 13 6 19 May 17 Apr. 7 6 3 13 14 Apr. 28 Jan. 6 o Apr. Apr. 8 13 12 10 27 25 16 5 Jan. 4 Feb. 8 Feb. 26 Feb. 3 f... 10 30 28 28 46% May 3 May 4 50 54 May; 1 May IX 4% May 43% May 132% May May 26 May 14 90 28 % May 2c May 2c Feb. _ 3c 4c Jan. 20 "19% IX 3 2 10% 1% 58% 7% May 11 9c May 26 18 11 11 28 Jan. 29 18 25 43% May 13 70 28 May 28 28 104 Apr. 10 88 44 40,963 Victor Brewing Co 1,215 Waverly Oil A _* 13,760 Westinghouse Air Brake....* 2,794 Westghouse El Ac Mfg.. 59 May~21 8% May 4 23 May 12 25% May 18 Vanadium Alloy Steel......* 1,575 May May 8% May May 21% Apr. 7 11 20 14c Steel Spring......* 6 - May 14 ? May 30 25 5c 10% *"9% "*8% ~~9" IX 6,255 United Engine Ac Fdy new... 4,876 United States Glass.......25 5,840 114 "~2% May"~3 "21" ~20X *21% "19% "May" 17 "2i%~May" 6 140 Reymer Bros common......* : May 14 5X May 27 11 May 19 5 2,556 Plymouth Oil Cow..........5 310 2" """50c"! 12 11,975 Pittsburgh Steel Foundry..* 263 2% ~~5% "~5% 2% 14 . > 2X Herb-Walker Refrac com...* 67,601 Lone Star Gas.............* 42,278 McKinney Manufacturing..* 3,673 Mfesta Machine.............5 141,354 Mountain Fuel Supply...... 50,091 Nat Fireproofing Corp com.* 140 May 26 May 11 May 6 May 25 May 4 "15% May"24 "15% May"24 3,096 Coppers Gas AcCoke prof. 100 107 6,927 1,325 i 26 114 18 7% 11 8% 11 65 18 25% "*3% III"I 2% 2% Sale 112 Duff-Norton Mfg Co....... "2* 180 Sale Gat 1c Electric...* 7,952 Devonian Oil.............10 2,157 | 1 520 Consol Ice Co common...... 216 Preferred.... ...........50 725 Crandall McK 5c Hend.. • 92 64 May May 8X May 58 X May 22% May 25c 13,116 Columbia 200 , 8% Sale 10 10% Rights 635 Central Ohio Steel Prod....* 14,017 Clark (D L) Candy * 962 . Mar. 12 Ill 108% Jan. 39% Feb. 13 100 131,758 Carnegie Metals 155,460 . Preferred 3,810 ArfeeoM* Na* Gas Corp ,...* 3,592 Preferred...............If 3,582 Armstrong Cork Co.........* 10,871 Blaw-Knox Co 10 Colorizing preferred.......25 204 980 667 Sale Prices STOCKS Shares 45 ' Sale Prices 6 16 18 30 Apr. 16 May 11 Feb. Jan., 5 Jan. 28 Mar. 3 13 May 10 5 46% Jan. 7 Jan. 11 Jan. 4 May 27 Jan. Jan. 5 Feb. 4 Feb. 23 Mar. 8 Jan. 22 4§H 95c 3 Feb. 14 41% Apr. 28 132% May 13 UNLISTED. 25 401 * 225 Lone Star Gas A%% pref.100 Pennroad Corp v t c ...* 5,170 No par value x 110% 111X May 12 lir May 12 3% May 19 4% May 5 111 Apr. 29 113 Feb. 20 3% May 19 5% Mar. 8 111 Ex-dividend. -• / v :S Philadelphia Stock Exchange MONTHLY AND YEARLY RECORD , ' m v; RANGE OF PRICES ON PHILADELPHIA STOCK EXCHANGE Stock Sales 1937 May Shares» Jan. 1 to May 31 AGGREGATE % 13",660 ; Shares PRICES IN MAY BONDS 1937 Elec At Peoples tr ctfs 4a.l945 Small Bonds Pa 3%s 130 AA v """360 Phlla Elec (Pa) 1st a 295 1,422 17 7" "754 2,477 1st 5s 1966 Baldwin Bankers Securities com. Preferred . . .......... 237 3,911 797 3,353 1,932 17,587 8,591 13,652 199,972 62,397 628,495 1,258 13,000 5,088 18,870 """273 2,100 887 2,094 Horn Ac Hardart (N Y) com.. Preferred • 100 26 185 % Sale" 916 5,348 349 7,066 Sale 7 18" "20"" "20% "21% I§ May II "26" May"5 Rights... 2,452 2,854 461 30,493 1.059 72 136 * No par. 20% 162% 19 20 19% May 26 22% May 6 Sale 1 171% May 4 165% Sale 162% May Sale 6% May 6% 1 6% May 19 7% Phlla Elec of Pa >5 pref.....* Phlla Elec Pow pref.......25 Reo Motor Gar Co....... 1,021 Tacony-Palmyra Bridge....• 42,402 Tonopah-Behnont Devel J 24,097 Tonopah Mining...........I 60 28,566 Union Traction 38,745 United Corp common...... Preferred 4,500 206,298 United Gas Impt com.......* Preferred 5,730 24 West Jersey Ac Seashore RR 50 1,373 Westmoreland, Inc .......* .» 1,504 Westmoreland Coal.. ............. Ex-dividend. 7 1 "•42 " 41 Sale 38% May 10 39% 30 May 4 33% 30% 33% Sale 114 May 3 115 113% 114% 112 Sale 8% May 13 13% 9% Sale 38 May 26 May 4 May 8 May 5 113 % 44~" Sale 39% 57% 62 % Sale 135% 139" 127" 38 108 39 112 9% 18 10% 18% 2% Sale 3% Sale 8% 9% Sale 35% 105 8% 19% 2% 3% 9% 113% Sale Sale Sale" 38% "39"" Sale 56 Sale 133% 116"" 35% 37 105 108 8% 8% 19% 17% 2 Sale Sale 3% 9% 10% 4% Sale 44% Sale 107 9% May 5 May 13 116% May 6 37% May"2l 54% May 18 40 May 60% May i 7 136"" 126%May" 13 132"" May" "5 Sale 108 Sale Sale - 3 Sale 9% Sale 4 7% May 18 Sale 42% Sale 35% May May 7% May 17% May 1 % May 2% May 107 28 37% 24 107 5 9% 28 21 3 25 3% 14 >, 8% May 13 3% May 28 41 % May 14 10J 4« 45 May 5 May 24 May 21 May 7 May 5 May 5 May May May 6 1 7 "165" 158"" 170"" 171% 2% 3 3 116"" 117"" 114% Sale 35 Sale 27 % 31 6% 12% Sale 2 2% 11% 13 6 ■' 5 Sale 5 9 Sale 33 34 — 6 Sale 1% 1% 14% Sale 32 5% 8% 1% 12% Sale 20 33 32 169% May 2% May 111 May 33% 32% May 34 May Rale 4% May Sale 7% May 1% May 13 May 178 14% 39% 14% 40 133 x40] Sale Sale 10 174*" 3% 3 20 116 26 34 7 34 5% 20 9% 19 4 14% 11 5% May 14 12% May 20 39% May 13 May 25 May 5 May 8 May 12 May 7 May 28 May 5 May 4 May 1 6% May 24 14% May 4 May 25 42 a 5 111% Feb, Feb. 17 Jan. 8 19% May Apr. 6% Apr. Jan. Mar. Mar. 17 38 Jan. Mar. Mar. 160 30 May May 8% May Feb. 7% May 107 15% 37% 54% 21% 126% 35% Mar. Feb. Jan. Feb. Mar. Feb. May Apr. May 7% 7% 1% 2% f May 13 May 28 Apr. Jan. 33% % Sale 1% Sale 4%vSale 6% Sale 43 % 44% Sale 15% 111% Sale 29^ 30s 1 % Sale 0% 5% 41 13% ® Sale 69 A* Sale 60 12% 15 10% 12% 9% 9% Includes 647,269 rights. 30g 1% 1 5 4 Sale 66 1 Sale 38 12 39 Sale 108% Sale 61 "13" 11% 14 30 1 May 5 May 12 1 %e May 6% 5% May 18 4% May 19 5% 38% May 26 40% 14 12% May 19 zl08 May 27 111% 8 May 1 May 4 May 19 May 4 May 3 63 13 29% May 5 %, May 21 1 May 19 9% 11% 12 "12% May" 12 9% May 15 16 5 Mar. 17 Mar. 11 Feb. 8 Feb. 26 Feb. 2 6 2 Feb. 10 Apr. 14 Apr. 13 May May May May 20 19 14 11 Feb. 13 Jan. 29 Feb. 3 Feb. 5 4% Jan. 2 12% Apr. 27 ^38 Jan. 11 28% Mar. 31 % Jan. 29 1 May 19 4% Jan. 2 9% Feb. 18 20 Jan. 2 45% Jan. 14 «32 Mar. 15 76% Jan. 6 32% Feb. 5 1 May 12 l%Mar. 1 7% Feb. 11 8% Jan. 14 46% Jan. 14 17% Jan. 16 % May May 27 114% Jan. 14 4 Apr. 12 66% Jan. 4 9% Apr. 9 14% Jan. 11 Feb. 10 9% Feb. 16 zl08 60 12% May 12 9% May 20 Jan. 2% Jan. 14 May 20 32% Apr. 13 P 3 Apr. 4 111 24 3 11 Feb. 13 Jan. Mar. mil 1 9 18 11 4 18 Feb. 16 Jan. 21 Jan. 16 Mar. 17 May Jan. May May May Apr. Apr. May Feb. 107 30 Mar. 12 Jan. 12 Mar. 31 Feb. 15 112 % Mar. 19 70% Apr. 2 32% ' /4 4 4 110 25 2!* 39 33 114% Sale Penna Salt Manufactur'g.60 Penn Traffic com........2% 55,009 Salt Dome OH Corp...... -.1 * 2,669 Scott Paper new........ Rights.... 18,674 x Jan. ...... .. Jan. 109% Jan. 21 110% Jan. 804 Sun OH Co 148 3,761 2,125 10 May 18 16% Mar. 29 13% Feb. 4 13% Feb. 4 108% Mar. 29 108% Mar. 25 18 Mar. 13 May 11 21 87 10 Sale 330 Phlla Insulated Wire.......* 230 36% Sale ■"«?< K Sale 9,448 Phlla Rapid Transit.......60 7% preferred 60 6,328 2,260 Phlla Ac Reading Goal At Iron* 8,334 Philadelphia Traction.....60 ' Sale 9% Pennsylvania RR.........50 30 v 14% May 110% Jan. Nat'l Power Ac Light........* Pennroad Corp V t S * 1,227 1,252 60 I 1 110% 111% 9% 16,759 Lehigh Goal Ac Navigation..* 7,967 Lehigh Valley 60 4,205 Mitten Bank Sec Corp 25 Preferred............ 25 33.805 592 14% y Highest Sale Prices .100 '"102 1,474 14 14 illio 795 Glmbel Bros common.......* 226 Horn At Hardart (Phlla) com.* 10 12% Lowest Sale Prices 110 _* 15,795 Chrysler Corp.............5 2,937 Curtis Pub Co common.....* 23,507 Electric Storage Battery....* 10 59,612 General Motors 1 "21" "24% 25 ;iIdo Locomotive ] Highest Sale Prices 10 May 18 Par American Stores American Tel Ac Tel 1,076 5,825 92 13 Ask Phlla Elec Pow Go 5%s..l972 10,864 Budd Wheel Co " ;' Sale Prices Lowest May 28 ; Ask Bid f 4s.1966 6,909 Bankers Securities pref. ...50 ...10 2,580 Barber Co 8,671 Bell Tell Co of Pa pref.. ..l»e 14,350 Budd (B G) Mfg Go 2,233 RANGE SINCE JAN. 1 ....... 1 1952 Peoples Pass tr ctfs 4s...1943 STOCKS 20,956 19,756 11% Bid w Shares 1,983 May 1 Ask Bid 232,000 1,000 4,000 ,124,000 V 500 3,600 2,000 2,574 293,141 ........ Price S 32,700 May 31 Jan. 2 Since Jan. 1 May $85,500 913,200 $46,700 Jan. 1 to PHILADELPHIA SALES 1936 1937 : May 258,953 2,666,353 STOCK EXCHANGE In Bond Sales 1936 > 222,928 a2,759,027 J ' ' ■■ ' V ;■ . ..••;' A 1 , ,' • " 1 • 1 ' ' ,' ;■ > A1'1 1 .I--,.,! ■■ *■ " , ■ • '• ; * : '•• .,. ■. .-i - v .'"''>>"•' i'1 V'",1 "V Cleveland Stock Exchange MONTHLY AND YEARLY RECORD V- \ > RANGE OF PRICES ON CLEVELAND STOCK EXCHANGE Stock Sales May-™..... Jan. 1 to May 31„*. AQQREQATB l- SALES 1936 1937 „Jkm. 326,869 .... May Jan. 1 30 STOCKS Bid 402 20 Canfleld Oil 7% cum pref 100 * 1,119 City Ice Ac Fuel.. , 6,703 Clark Controller new ...1 1.536 Cleveland Builders Realty..* 15,513 Cleveland Cliffs Iron pref...* 64 1.471 276 620 Clev El 111 14.50 pref • 832 Cleveland Bye...........100 Certificates of deposit.. 100 3,753 1,247 Cleveland Ac Buffalo Tran..* 304 567 25 4.044 cum Ask i 22 26 14* 14* 34 40 98 * 100 101 75 150 3,790 25 Great Lakes 19 20 39 3* 86* 6 Sale 1 41* Sale Sale 49 ............. .. Halle Brothers.. 80 Preferred 308 Hanna CM A) 35 pref., 1,711 Harbauer 4,156 Inter lake 8S......... 6,402 Jaeger Machine...... 4,177 Kelly Island L At T... 275 260 4.281 5 11 101 161 T 70* 80 63* 53 58 70* 48* 26 31* 20 ......* Lameon Sessions...........* Leland Electric ........ 17 65 26 27* 25 9* Sale 19 15* Sale 67 68 33* 34 25* 25 12 Preferred............... ........... 538 43* Sale ...100 "II 9« 20 24* 29* Sale 8* Sale 98 Sale 8* Sale 1* 2 Preferred.... ..........100 • 161 Nineteen Hundred Corp A * 2,034 Ohio Brass B...........«,..* 250 Ohio Confection...........* 40 220 43* 3,616 470 15 Packer Corp.. • 4,604 Patterson-Sargent. ......._* 17.615 Peerless Corp..............3 13,185 Rlchman Bros.............* 7.335 Selberllng Rubber.........* 3,568 Preferred..............100 1,896 S M A Corp common ...1 210 Stouffer Corp A • 205 4,120 1,636 555 196 115 130 225 620 , 190 1,760 1,915 13.779 10,473 3.860 10,862 4,893 448 153 910 996 • v Troxel 95 May 26 19 May 18 35* May 26 5 4* May 26 1 95 93 May 6 108 107 May 56 57 May 13 7 55 May 56 1 1 2* May 38 35* May 18 1 49 May 53 35 ...... 45 V 16: 3* 55 , 26 3. Sale v , ' May Union Metals Mfg Co ..» Upson-Walton .........I .... Warren Ref & Chem com 6* Sale Sale 8* 55 26 It" 21 9 10 .....107* 6* 7* 2* Sale 10 18* 1* 1* 29* 30 54 56 12 15 22* 6 50 i 17 7* Sale 55 15* 34* 15 9* Sale 15*" Sale" i7"""l9*" 84* .....10 20 21 10 10* 9* Sale 11 13 49 8 85 11* '26 27 21 Sale 107 5* 6* 8 86 106 56 53 23 17 - 1* 29* 50 9* 48 20 1* 30 69* ..... 15 4 £* 27 7 Sale 8 13 63 16 33 34* 9 17* 10* 180* 58 May 19 May 7 1 X01H May 1 20 May 6 21 69 May 5 27 May 11 12 MLay 3 May 6 May 13 .8* May 14 24 May 8 • 8* 14 May 20 14 45 47 22 13 14 13 27 5 10 May 15 8 May 28 9 May 25 May 1 May 13 78 May 27 13 May ' 5 25 May 5 22* May 21 42* May 40 May 7 May 78 May 13 May 24* May _ _ 1 9 * Jan. 9* 20 10* Sale 12 Sale ' 25 7* 52 8* 55* 15* 34 May 25 10 18* May 25 20 12 5 50 Mar. 22 54 May 24 Jan. Jan. Feb. 100 28 104 3 54 9 60 9 26 30* Jan. 50 May 50 101 14 May 19 May 7 Jan.1 Jan. 8 104 18 Feb. 1 Jan. 5 23 May 12 30 Mar. 7 14 14 May 20 8 May 24 24* Apr. 26 41 Apr. 28 27 Jan. Jan. 9 Jan. 40 Jan. 37* Mar. 12 60 Feb. Feb. 13 22 7 13 85 22 Jan. 26 15 35 22 > May 15 30 1 11* Mar. 79* Apr. 9* Jan. 7* Jan. Jan. 12* Feb. 19 15 Feb. 18 10* Mar. 1 4* Feb. 20 20 Feb. 20 2* Feb. 24 30.* Feb. 6 67 Mar. 9 6* May 17 1* Jan. 4 11 Jan. 9 Mar. 22 Jan. 18 Mar. 8 Jan. 4 18 19 99 10* May 7 15 May 17 23* May 14 Jan.y 5 20* Mar. 3 48 57* Mar. 8 9* Apr. 2 64 Apr. 14 May May 5 3 May 10 May 7 May 28 May 10 May 5 34 -I': Apr. 27 6* Mar. 39 15 Jan.- 2 2 7* Mar. 19 Jan. 32* Feb. 10 34 I4ay 13 9 May 15* Jan. 8* Jan. 8* May 12 May 4 a May 17* Feb. 90 100 25 16 23 28 13 20 3 10*" Apr. 13 13* Mar. 14 13 2 5* Jan. Jan. 24 5 100 May 4 101 ' ■Vv'' ,1-: u v 1 Feb. 15* Jan. *; - 9 21* Mar. 25 \ ■ 5 3 Apr. 27 "r'.'-jSV; V: Feb. * .'A, 'f.: A'AAAy 8 13 8* May 14 26* Mar. 23 58* Mar. 3 6 7 6 7 13 18 Apr. 12 73* Mar. 9 56 24 a--: :sw§ Jan. May 7 May 10 May ! 6 May»: 6 May; 4 May 6 May 20 May 13 < ma, Jan. 5 v'MA.Airv :•>: Feb. 10 Mar. 25 73* Apr. 6 r'/ . Jan. 4 Mar. 3 Jan. 8 Feb. 4 Feb. 23 Jan. 8 Feb. ■A;- ■■jp; 4 57* Feb. 26 55 Apr. 22 No par value. ■l Mar. 24 Jan. 9* May 24 21 _ 6 8* May 28 LOO . 44 11* May 26 May 13 12* 5 May 20 May 19 22* May 10 LOO May 4 L01 20 7 8* May 14 12 20 33* Jan. 1* Apr. 27 29* May 21 15 8 30 May " 4 10* May 15 May . 7 23* May 14 6* May 4 48 May 28 I 6* May 1 52 May 13 15 May 6 34 May 13 9 Jan. Jan. 2 4 56* May 10 7 1* May 29* May 21 54* May 4 10* May < 7 Feb. 17 Feb. 18 Feb. 10 Mar. May 4 2* May 1 17 May 3 1* May 7 29* May 21 2* May 13 17 May 3 6 5 Jan. 5 102* Mar. Jan. Mar. 12 112 Mar. Feb. 95 "6* May" 17 4 it* 89 100 26 50 11* May Feb. Jan. Feb. 17 105 Apr. 29 21 Jan. 5 40* 8 Feb. 10 19 32 4 May 8 May 16 - 4* Sale 21* 89 114 6* 75* 25* 15 33 33* 47* 24* 6* 52 8* *44"" Sale" 14 Sale 19 7 26 May 49* May 101* May 14 15 14 May 63 Sale 62 May 33 Sale 33 May 24* 24* 23 May 17 18 112 96 40 30 100 5 *■" 72 50 "I§ * 13 24 Sale 2 Weinberger Drug..........* 392 W R I Corp pref 100 85 Yougstown S & T pref 100 45 ' May 18 May 13 72 §rM £ 14* Feb. 20 Jan. Jan. May 4 112* May 13 117 68 Feb. 4 95 May,: 4 May 24 25 Feb. 17 30 35 33 May 5 Apr. 30 49* 16* May 12 15 May 18 22* 5* May 13 7 5* May 13 May 13 May 18 5* May 13 53 15 17 31 12 33* Jan. 26 1 May 4 May 24 15 6* 11* Sale 39 Manufacturing......1 Van Dorn Iron Wks Co com.* Vlcbek Tool..........._.._* 41 47 8* 25* Apr. 30 10* May 18 May 26 19* May 15 38* May 11 May 8 May 25 May 12 May 13 May 6 33 15 5* 20 63 753 743 25 2,335 Nestle Le Mur "A" 12 27 13 7* 43 Prefer red 95 39* 12* 20 41 7 21 21* May 10 12* May 12 102 105 15* 60* McKee (Arthur G) B_.......* 195 May 3 10* May 18 33 24* 15,283 National Tile.... • 8,794 National Tool.............50 325 51 250 21 101 101 11,253 NationaPRefinlng '""325 Highest Sale Prices 20 45 1,038 Miller Wholesale Drug ...* 3,582 Monarch Machine Tool Co..* 3.624 Murray Ohio Mfg..........* 65 1 36* 49* 28* 99 5,437 Medusa Portland Cement...* 5.935 Metropolitan Paving Brick. * 493 56* 55* 38 260 Lima Cord Sole & Heel 1 75 McKay Machine............* 57 505 82 93 163 53 27 ..... 15,462 4,428 19 35 3* 33 ...... 515 11* Lowest Sale Prices . ..... 516 1,951 20 Highest Sale Prices 112 118 112* 118 112* May 13 115 86 85 :a 80 87* 80 May 17 90 26 25 25 May 24 25 25* 26 56* 481 Grelf Bros Cooperage 1.453 11 Lowest Sale Prices 31 V 75 65 85 7 Sale 109* 59* 57 55 100 218 20 80 17 225 551 5* 93 58 88 111 Towing......100 20 Preferred. ..... iiiii *98* III"! "98*" 35 Foote Burt. 75 Gen Tire At Rubber 6% pf 100 158 Ask 35 Sale 50 Fostorla Pressed Steel..*.—* r, 26 12 21 ..... "20* 110 May 28 Ask Bid ii$ 2,753 170 May 1 Bid 34 147 Dow Chemical 5% pref.. .100 Klec Controller Ac Mfg......* 738 Faultless Rubber..........* 220 Federal Knitting Mills 50 RANGE SINCE JAN. 1 105 74,532 Cliffs Corporation v t C._...* 4,740 Commercial Bookbinding...* 407 • 2 1937 par. 9 731 May 31 Jan 1,241 Air-Way El App! 1st 7% pf 100 3.323 Akron Brats Mfg common * 311 Apex Electric Sc. Mfg * Preferred 100 571 485 1936 -.... PRICES IN MAY Shares mmw>~ •» — 1937 --- Price Since Shares - • Jan. 1 to CLEVELAND STOCK EXCHANGE In Bond Sales May 28,974 308,337 29,844 A-;' ;r.v, 5 Mar. 20 Apr. Apr. LMfcvy 6 x-M v-is Detroit Stock v 'r-'.." Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON DETROIT STOCK EXCHANGE Stock1937': : .5> . May.™-........—Shares 234,742 1936 ", i& Sales 260,8671 Jan. 1 to May 31..-- 1937 1936 2,666,946 Shares 3,755,361 * AGGREGATE RANGE SINCE JAN 1. PRICES IN MAY STOCK® EXCHANGE Highest Lowest Highest Salt Prices Sale Prices Sale Prices STOCKS Jon. 1 (May Shares 1% May 14% May Auto City Brewing » Willi ■ ' Baldwin Rubber 1 common 1X 9X 42% 28% 42% 25% 4% 15 5 7 ! Bohn Aluminum 8c Brass...5 I Bower Roller Bearing vv'7 }• . . 44 May 25 27 X May 5 5X May 21 22 X May 4 _ 1 i l : 2,SS4 334 S 1 'r a •' ■■ ^^566 :■ tiir Crowley, Milner 8c Co Detroit Cripple Creek Detroit Edison com.. Detroit May May May May May May May G M..1 Its Gray Iron Fdy Detroit Mich Store ■yypy --.-..y.;,-. Detroit Paper Prod Detroit Steel Corp May"**5 2% 14 20 % 18 122% 3X 24 5X 18 13 18 May 1 7|SI| May 7 May 4 May 24 May 6 7 % May 3 22 May 22 May 17 May 13 May 4 May 13 668 SIS; 1,207 1% May 4,430 General Finance Corp X X Goebel Brewing Co Grand'viufey Brew 9,708 Hall Lamp % X com 140 Home Dairy cli •' >'!;■ May May May May May May May May 20 3 26 18 13 26 24 ] ■ ' .* -V ,>r •} ; 5 HoskinsMfg Co New common *"* Jan. ! 27,196 Hurd Lock & Mfg Co ^Rlght*1 Product# Gorv 24 925 J 21 8 9 2 11 Mar. 25 25 Feb. 15 Mar. 23 Apr. 6 2% %6 113% 3% 5 6 Feb. May May May May Apr. May 7X May 21 2 May 4 14K May 5 4 14 3% Mar. 22 20 % Jan. 4 7 18 145% Jan. 24 3% May 24 11 Feb. 3 28 10 Jan. 16 13 18% Jan. 11 53% Apr. 9 28 Apr. 28 35% Feb. Feb. 19 63% Feb. 19 9 10 May 17 14 20 Jan. 27% Mar. 10 17% 7% 7 1% May 4 May 13 23"" May~20 7 Jan. 21 Jan. 18 11% Feb. 18 11 Jan. 23 Jan. 4 9 Feb. 15 2% Feb. 18 j 5X May 21 58 X May 6X 4X 1% 5X 10 X 19X 1 May 4 May 20 May 1 May 4 May 1 May 10 12% May 13 19% Feb. 1 Feb. 15 43 2 12 Jan. 20 29% Mar. 15 5% May 21 70 Feb. 11 4% 55% 5% 3% 1 22 X May 19 16 28 18 26 24 1 11 12 22 Feb. % May 7 26 X May 21 May 18 May 20 May 15 May 3 _.,7 3 May 18 5X May 22 May 26 73,559 Klnsel Drug Co 1X. May 3 2X May 20 May 19 22 X May 19 5X May , 23 V;V:^ Apr. 13 17 Jan. 70% Feb. 24 17% May 20 Jan. 8 7 Feb. 18 4% Jan. 8 22 ■M 2% Feb. 18 7 Jan. 25 1 80% Mar. 24 20 Apr. 16 41 Feb. 13 21% May 15% May 18 1% Mar. 30 5 May 14 % Mar. 19 % May 19 22% May 19 5% May 7 27% Feb. 11 Feb. May May Apr. 1% Apr. 13 Apr. 28 2% 4% 1% 2% Apr. 2 Feb. 13 Feb. 5 Jan. Jan. 15 18 Feb. 10 _ May IX May 5X May * Mar. Mar. Apr. May Jan. 1 May 4% May 10% May 40 May 1 May 18 May 7 May 14 28:992 * 4 18 X May 25 "i§"" May"26 ! \ 11 May 4 20% May 13 Houdallle-Hershey .. , 35 38 lemmer Mfg Co class Class B 17^829 7 12% May 13 Gar Wood Industries 3,544 ! 27 7% Mar. 23 Feb. 33 ) - 6141 f 8 Feb. 29% May 20 56% Jan. 14 May 18 < Detroit Steel Products..... ''' Jan. 2% Feb. 18 15% Feb. 19 47 20 9 21H 458 Delsel Wemmer Glib com..10 .V\'3' t 20 5 4 28 26 13 2 23 com.. - Cunningham Drug Sts__2,50 Detroit 8c Clevel NaT com..10 i.'.' May Jan. Apr. Apr. May May Apr. 18 Mar. 12 May 1 15% Jan. 7 20 107% May 18 107% May 18 132% Mar. 3 20 Jan. 5 19% May 28 22 May 14 3 Feb. 10 2X May 13 2X May 4 318 ' May"20 29X 5 Briggs Mfg Co common... 1 Burroughs Adding Mach. I Burry Biscuit Corp 12%c ! Capital City Products. i. .n-' -'v:;7 :■ \ Since jn ■«r- SALES 23 Feb. 2 Feb. Feb. 13 9 Mar. Jan. Jan. 5 2 Feb. 2 8 W; V.t" ■w;.; /' ■ (R O class A pref...* .. Screw Products I - McAleer Mfg Co Oil Co May 12 May 13 May 4 ' Mid-West Abrasire ... . !p ■< X May 13 May 26 X May 1 ^SteffiSiSSKSy Wheel 5 com. i l Rg com May 13 hX May 13 V. 50 16 9 56,067 Packard Motor Co May 25 May If* ^ 3|:794pS5rIR?.t P 16 X May Parker Wolrerlne Co Peninsular Metal P 4X May 8 May '64 May 5X May 5X May 4X May 5% May 27 May 5X May 23 X May 100 ^ May Pfetffer Brewing Co y Rlckel (H W) Rlrer gt'Co Standard Tube CocT Stearns (Frederick) 5% 4 prel May 3 IX May 3 IX May 1 7 May 13 3X May 21 3X May 4 4 &May 1 33 May 26 21X May 1 14% May 5 16 May 25 10 40 25X 18X 5.X 8X 5% 6H 5X 6X 28 X 6X 23 X 100 X May May May May May May May May May May May May May May May "6XMay" 13 99,312 Tirol! Brewing Co U S Radiator 7" " May" 13 7 4M May 20 t .S- , ■ ♦No par value, a deUvary sales, r x Sold for Ex-dividend. yr- vjrix ;■ XX '-'X:- 26 Feb. 8 17 , ; . :•') 20% Feb. 11 21% Jan. 8 Feb. 2 10 com 4, Feb. 10 36% Jan. Feb. 6% preferre Universal Cooler 20% Apr. 28 12% May 13 16 Apr. 2 19 22 20 6 6 20 28 7 8 12 1 27 5 5 8 May 8 1 6 May 13 3% May 13 33 May 26 28 11 May May 7 Mar. Apr. 3 Mar. 9 Mar. 11 Jan. 23 Jan. 20 5 13% Jan. 7 3% Jan. 8 May 18 >64 May 11 5% May 28 3 8 36 7 3 14 1% 7% 4% 4% 7 May 38 10% May 12 United Shirt Distributors.. U S Graphite Co 13 12% Feb. 18 44% Feb. 3 8 May 26 May 25 Union Investment Co rr,sy",!:v Feb. 18 20 8 22 28 9 May 13 37% Mar. 13 24 May 13 Z'm Preferred 1 6 4 12 6 182 Sutherland Paper Co 22 17,804 cum part "*# 1 22 1% 2% % May 13 5% May 6 5 Jan. 4% May 5% Jan. 27 May 5% May 23% May 100 Jan. 37% Jan. 21% Apr. 108% Feb. 6% May 5% May 22 13 Feb. 19 »32 Apr. 26 6% Jan. 4 9% Feb. 18 5% Feb. 11 6% Jan. 22 5 14 5 19 35 13 Mar. 10% Jan. 4 25 27 L03 Feb. 8 109 Jan. 13 10 20 Feb. 19 10% Mar. 22 7 May 26 12 Jan. 11 Feb. 35 38% Feb. 13 15% Mar. 16 29% Mar. 1 9% Feb. 1 8% Mar. 25 35% Feb. 17 Jan. 1 9 Mar. 10 37% Jan. 22 28% Feb. 9 22 29 26 15% Mar. 16 29% Mar. 15 6% Apr. 3 4% May 2 32% Feb. 16 8 - 18 6 .:%v, ; ■ ... SSYS; S^Sv:S:S June, 1937] AGGREGATE In 360 200 ! jv 5,849 Y;: 200 :• ];S117 570 205 271 ""*254 - 1,770 Y 1,036 185 ■I "i"046 336 400 1,234 426 1,173 40 1,365 25 28 — 7' 194 5% % 2,499 185 274 19,200 7,262 1,958 6,097 2,041 3,397 4,369 19,974 4,152 11,720 Sale X 100 43% Ask 30 63 V.1-; RANGE SINCE JAN. 1 5% 1% Sale 5% 5% Lowest Highest Lowest Highest Salt Prices Sale Prices Sale Prices Sale Prices "5" 13 1 % 22 6 14 6 % 14 15% 5 100 5 May 1% May 5% May % May 15 16 May 97% 103)4 100 May Jlg Salt* l.H 17% 14$ 6 Sale 13 May 28 Ask Bid 28 30 6 5 105 25% Jan. 5 May 1% May 5% Jan. % Apr. May" 13 May 4 May 8 May 5 May 13 May 5 13 Jan. May 29 7% 1% 7% % 14 14 2 18 5 100 Mar. 20 Jan, 2 Jan. 19 Feb. 8 Feb. 24 Feb. 10 May 5 Feb. 44 20% May 14 22% May 162% May 18 171 % May 24% May 17 25% May 163% Sale 10 Commonw At Southern Corp * Consolidated OH Co • General Poods 41% 354 Sale' 16% Sale Sale" 46% 2% Sale" Sale May May 1 May 13 May 13 47% May' 27 2% May 4 16% May 1 40% May 7 "3% May""l 40% 2% 14% 36% 26 44 May Apr. May Jan. Apr. May May May Apr. May Apr. May 14 29 17 13 29 19 13 13 22 15 29% Feb 36% 1% 2% 51% 29 19% 19 17% Jan. 8 21% May 18 ..10 311 Sale 1 common 54 % Kennecott Copper Corp....* Kroger Groc Ac Bak Co.....* Sale ~20% Sale Nash-Kelvinator Corp.....^5 National Dairy Prod N Y Central RR 20% 160% 24% 77% 39% 2% 14% 3 4 5 "2% May"i5 ' Corp........* Hupp Motor Car Corp _ Sale 16% 5 common 23% Sale Corp..* 100 Sale" 40% 564 Purity Bakeries Corp.......* 10,408 Socony-Vacuum Corp.....35 # 6,479 Standard Brands Inc. 19% Sale _ ion. 18% Sale' 12% Sale K--%: 52% May 18 19% May 19 18 May 14 21% May 18 43% May 14 16% May 26 17% May 18 12% May 17 57 % 22% 20% 23% 48% 17% 19% 13% May 20 May 6 May 7 May 28 May 7 May 5 May 1 May 4j 40 Jan. Feb. 26 "■ * ''si ' yVy ity -'A-.1; i •V :■ '< %% :< \A A: .til . ■uv "I* \ r ■ .v. .u.',;1; ■ ■ y < '» X'iT-Y ,y#7ii''v ' ,v ,v i •_ f V c.f n 4ySii,yr . * ty -y ■ Jan. 16 Apr. 1 Cay 27 Jan. 18 Mar. 11 Feb. 4 Jan. 15 Apr. 26 Mar. 10 18 Jan. 28 Feb. 9 Mar. 17 Feb. 25 Jan. Apr Jan. 22 21 ;S>v,v"'S/ H-,: SiSYS'' Wiy 86% Jan. :vo:i ■'■-YY/'Y.;s.sY; ■YSSi S;.ssY;Y: 4 16% May 26 16% Jan. 14 12% May 17 TIM 11 13 22 " 100 "44% ...........36 Borg Warner Corp com New \ Dept.— Borden Co New 5 7H 6,626 American Radiator......—• -.100 1,342 Amer Tel Ac Tel Co. . 928 May 1 Bid 100 . Young (L A) Spring 8c Wire. • Unlisted ■>iS "}■ r: <•* Wolverine Tube Co com....3 Preferred. f STOCK EXCHANGE 1937 50,175 Warner Aircraft Corp com_.l 48,802 Wayne Screw Prod com ..4 24,320 4 olverine Brewing Co com 1 • . r STOCKS 630 J.:. ....... . Price Jan. 2 3,610 1,903 2,800 : ... :i-..' PRICES IN MAY DETROIT STOCK EXCHANGE Shares 978 Walker & Co class A.......* Class B ♦ %<. 9,214 T ; SALES Jan Short9 i DETROIT Sinct 1 May /VY;'!',':-' VS > * "a e " . " • Si 'J."!;" u \l" '\Ci V/'' '■ RECORD MONTHLY AND YEARLY FRANCISCO STOCK EXCHANGE RANGE OF PRICES ON THE SAN 1937 Stock Sales Shares- May Jan. 1 to May 31—.—.———. AGGREGATE 500 Shares. 550 BONDS 2 Ask 35,000 Atlas Diesel Eng Co is—1945 10,000 Calif Gas & Elec Corp5%J1937 2,000 Calif Packing Corp 5%..1940 1961 12,000 Calif Water Serv 4% Langendorf Un Bak Inc— 6%% 1,000 1941 8,000 Market Street Ry Co 7s..1940 2,500 Pacific Gas A El Co 6s...1941 20,000 Ry Equip 8c Rlty Co 4%«-i946 1952 2,000 S J Lt & Pt Corp 6% 4,000 tUnion Oil Co Cal 4%...1947 500 6% 1942 105% 109 102% 105 102 103 105 104 104 101% 103 1,695 4,080 215 1,410 1,491 1,024 420 20 650 ,097 550 2,701 230 104 Apr. 17 110% Feb. 18 102% Apr. 9 102% Mar. 16 4 103% Apr. 7 104% Jan. Jan. 21 101% Mar. 18 105 106 104% 128 133 STOCKS 15 133 18,978 Anglo-Calif Nafl Bank 2t 29,172 Assoc Ins Fund Inc com caplO 28,162 Atlas Imp Diesel Eng Co 5 1,927 Bank of Calif Nat Assn caplOO K: 45,754 Bishop Oil Co 5 32,115 Byron Jackson coos cap—* 117" Sale 27% 115 May 19 13 May 21% May 41** 51 45 45% 30 485 California Water Serf preflOO 103" ' 103% 100% May 1,573 6,400 Caterpillar Tractor cap....* 86% 88% 87% May 101% May 90 90 560 633 2,280 1.164 340 926 3,325 1,580 136 45,005 8,730 30,470 3,710 610 1,227 1,085 180 60 2,648 3.165 673 2,150 3.750 22% * 1 Crocker First Nat Bk SFcapl90 CrownZellerb Corp com (new) Preferred (new)... Di Giorgio Fruit Corp com.19 Preferred 100 11,984 El Dorado Oil Works cap.. 29,600 Emporium Capwell cap.....* Preferred ...50 6,298 10,806 Emsco Derrick 8c Eq Co cap.fi 732 Ewa Plantation 210 150 102% Sale 14,741 lac class A psrtic pref 1,747 Creameries of Amer (new) 55 10",09l stock—.....100 647 Ceast Cos Gas 8c El 1st pf 199 850 Consol Aircraft Corp com—1 Consol Chemical Industries 80 1,393 1,747 Preferred 2,248 Chrysler Corp common.....5 112% 114% 9% 10% 15,087 Claude Neon Elec Prod.....* 42 46 5,354 Clorox Chemical A * ...20 1,331 Fireman's Fund Indem cap 19 5,430 Fireman's Fund Insur cap 25 14,600 Food Machinery Corp com.19 21,288 Foster 8c Kleiser com......10 Class A preferred.... 25 3,052 Galland Mercantile Laundry common (capital) .._.....* 1,530 ...19 25,777 General Motors...... * 31,304 General Paint Corp com Preferred....... .....* 9,880 32,040 Gladding McBean Co com..* 61,135 Golden State Ltd cap-——* 865 870 17,035 Hale Bros Stores, Inc, cap..* ........* 2,420 Hancock OU Hawaiian Pineapple 36 44% 104 24% 40 6 293"" 325"" 11 12 46 50 21! •22% 23 J Sale 320 ... May 28 10% May 13 11 45 May 10 45% May 26 May 7 101% May 26 104 iR5* 49 106% 26 44 Sale 375 20% Sale 102% Sale 10 11% 42 Sale 22% 23 20% Sale 43 43% 41 Sale 375 Sale Sale 10 10% 41% Sale 38% May 20 5% May 28 23 25 22% May 24 18 40 19J41V 39 5% 320% 19% 100% 18% May 13 21% 99% May 13 104 10 May 5 11% 40 May 5 43 17% 18% 15 16 15 16 58 62 52 55% 40 52 39 58 37% Salb 39 40 93% 48% Sale 88 89 85 86 85 53% 55 53 5 Sale 49% 36% Sale Sale 13% 14% 36% 36% 18% Sale 61% 7% Sale 5 18% 5% 5% 19 37% 39 57% ■> 58% 15% 37% Sale 21% 23 7% Sale 15 20 21% 21 22% 49% 19 21% 44% 23% 46% 41 44 38% 42 35 Sale 31 29 30 18 30 33% 19 6% 3% 23 20% 36% Sale 56% 15% 15% 37 21 7% 38% 22% 7% 15% 20% 17% 22% 39%, Sale May 49% May 5 May 18% May 13 14 20 18 14 22 19 10 10 20 2,231 Calif capital 19 21,432 Honolulu Oil Corp Ltd cap.* 660 Honolulu Plantation cap..20 Co of 570 Hudson Motors Car Co ""*634 500 25° 2,952 442 5,708 1.548 445 5,065 160 450 160 6,567 605 30 5,104 ....... * 17% 6% 2% 20 14,454 Langendorf United Bak elA » Class B..* 5,458 12% 58,429 6,318 13,543 69,143 1,354 2,530 4,748 34 Le Tourneau Inc common. 10 Leslie 8alt Co capital Libby McNeill 8c Libby » Lock Heed Alrcr L A Gas 8c Elec Corp com__l Corp pref. .100 Lyons-Magnus Inc A...... 155 75,589 Preferred Merchant Cal Mach Co too com 39% 9% 10 108% 6% 22% 108 10 930 Market St Ry Co prior pf.100 Second preferred.......100 50 5,140 Meleir-Frank Co No par value. 2% B 78,917 Magna vox Co Ltd (capltal)2% 6,423 Magnln A Co (I) common.. 100 ~5~140 * 8,467 Hunt Bros Pack preferred.10 Class A ....* 15,360 1,545 Hutchinson Sug Plant cap. 15 30 10 36 4% 18% 7 3 22 5% 3% 20% 36 14 14% 3% 37% Sale 41 10 Sale 40 37% 12% 13% 12% Sale iotn §* *6% 13% 3% |% 23% 109 24 39% 7 113 8 2 3 Sale 103% 107 24% Sale 30 -26 4% 6 40% 28% 42 29 30 32 16 4 5 4 4 May May May May 23 May 20% May 43 May 15 May 53 May 39 May 90 May 53 May 5% May 19 May , 5 1 3 20 13 1 7 10/ Jan. 16% May 19 20 14 3% 35 6% 2|* 15 4 37 38% 11% Sale 12% 12% 12% May 26 May 2p 38% May 6 28 May 25 32% May 14 5 2 22 May 17 May 17 May 7 13% May 17 31% 37% 11% 11% 112 ""6% May May May May May May 6% May 1% May 2 May 2% May 17% 19% 103 103% 103% May 24 May 24% 24% 25 May 29 Sale 1% 2 5 Apr. 3 May 3 Jan. 28 Apr. 13 22 Feb. 1 May 13 Jan. 19 Jan. 4 Jan. 4 6% Apr. 8 11% May 17 13% May 7 Feb. 16 Jan. 13 Mar. 31 57! Mar. Mar. 1 2 Mar. 4 70% Feb. 11 Jan. 29 18! 41- Mar. 31; Feb. 1 28 8% Apr. 14 22 Feb. 13 May 5 23% Jan. 15 May 26 53% Jan. 18 Apr. 27 May 25 44% Mar, Jan. 12 Apr. 28 7 Jan. 5 12% Apr. 9 6 Jan. 96! 16% May 19 May 17 May 17 May 21 21 May 5 May 26 May 6 May 7 May 5 May 7 May 22 May 3 May 1 May 1 May 25 May 22 ' 42 21 5 m May m 36 ~5%~May~13 i» Mar. 12 Mar. 12 40 36 54% 14% 36% 18% 40% May 21 30 May 6 32% May 14 17 13 38 10 39 13 13% 13 12% 5 112 7 22 14 21 20% 26 103% 13 25% 13 29 Apr. 16 7 4 May 4 22% May 14 45 May 5 3% May 22 May 5 Mar. 27 Mar. 8 Jan. 29 27 24% Mar. 12 47% Mar. 3 19% Mar. 11 Jan. 4 14 5 18 14 16 25 3 May 26 Mar. 19 Feb. 20 Mar. 17% Jan. 3 7 Apr. 31% May 13 37% May 10 10 9% 106% 6% 1% 1% 18% 103% 22% 25 6 itn ^4 Feb. W 3 26 19 36 12 May 13 Jan. 8 12 Apr. 13 Apr. 20 4 4 28 38 21 18 17 5% il* 35 Jan. 5 46 6% 5% May 28 Apr. 28 325 18% May 13 25 99 Mar. 27 108% 4 Jan. 26 17% 40 May 5 59 22 4 8 19 13 Mar. 31 Jan. 15 Feb. 25 Feb. 2 % 4 20 53% 14 14 14 106% 87 Jan. 6 99% 01% May 26 101% 12 Apr. 29 125 43% Jan. 21 01% May 26 23% Jan. 12 6 17 Jan. 8 105 Jan. 39% May 15 May 52 May 37 May 84% Apr. 47% Jan. May 12 59% May 4 16% May 10 40 May 7 23% May 4 7% May 5 May 28 May 13 May 18 May 1 21 May 12 6% May 14 36% 54% 15% 37% Home Fire 8c Marine Insur 350 2,235 3 3 42 May 6% May 97% Apr, 35 % Jan. 46 May 37% May 50 May 00% May 25 32% Mar. 15 23% Mar. 11 12% Mar. 13 320 18 May 39% May 15 May 52 May 37 May 4% Sale 17% 18 21% Apr. 20 7% Jan. 7 115 47% 4,850 4,366 23% 34% 113 10 28% Mar. 25 May 1 41% May 3 May 1 48 May 28 40% May 4 50% May 19 103 May 5 93 May 4 101 May 26 May 41% May % May 46 May 37% May 50 May 15% Feb. 29 155% Feb. 21 31% Feb. Mar. 19 Feb. 17 25 Feb. 5 213 Feb. 7 10 9 34% Mar. May 22 100 100 37% May 11 May 5 May 21 May 1 May 7 Apr. 23% Jan. 5% May 14 May 194% Jan. 6% Jan. 27% Feb. 21% May 18 30 1 1 7 118 11% Apr. 29 140 29 30 7 May" "4 ~25%~May"I6 5% May 19 May 17 17 May 13 212 9 May 25 28% May 12 30% -9 im §2H lolE lol* May 26 May Apr. Mar. 4 " Jan. 19 102% Jan. 4 102% Jan. 4 Feb. 11 131% Feb. 13 132 Feb. 1 102% Jan. 29 110 115 May 26 May 26 115 Apr. 26 102 3 100 8 114% Mar. 19 May~26 115 115% 118 12 12% 11% 12% 12 133 150 133 150 23% 24% 25% 23% 24% 5% 5 5% 5% 5% 14 15% Sale 16% 19 205 208 212 205 210 8% 8 8% 8% Sale 29% 9,530 Calamba Sugar Estate com 29 1,635 Preferred...............29 5,649 Calaveras Cement Co com...* 750 Preferred ......100 10 993 Calif Cotton Mills cap 100 29,759 Callf-Engels Mining Co 1 4,080 California Ink Co Inc A * 35,204 California Packing cap.....* 2,245 Preferred...............50 8 100% May ..... 115% 123 7 101! 101% Apr. 101% 103% 101% —101% 100% May 115 117% 114% 117 102 101% 130 128—— 104% 107 14% Highest Sale Prices 100 101 par 6,361 Alaska Juaeau Gold M cap.19 Lowest Sale Prices 106 98% 102 102% 104% 102 99% 100% 100 102 % 103 117 121 119 Highest Sale Prices 98% 102 105 ; 102 Lowest Ask Ask Bid 100 108 Bid Sale Prices May 29 May 1 1937 Rid 339 Alaska Packers Assn cap-.100 *1*764 RANGE SINCE JAN. 1 Price Jan. SHar*. 366,000 108,000 Jan. 1 to May 31--- S 2,000 $15,000 $2,600 —-—-——-- PRICES IN MAY SAN FRANCISCO STOCK EXCHANGE SALES Jan. 1 May 367,001 3,785,736 369,097 3,486,918 Since In May- 1936 1937 Bond Sales 1936 Jan. 36! 32! 23 8 2 21 Mar. 27 Feb. 2 , Feb. 11 4% Feb. 25 1.6^| 3 Mar. 10 Jan. 25 Jan. 27 45% Feb. 19 42 Feb. 4 Jan. 5 14% Apr. 13 Jan. 12 16% Feb. 20 8 114% Mar/29 Feb. Jan. 21 Mar. 3 Jan. 21 May 22 Jan.' 28 May 14 May May Jan. May 21 |g Mar. 11 26 SP Jan. 26 28 Feb. 7 17 Jan. 20 Mar 30 13 Mar. 30 11% May 13 31« 13H May 6 JuNHf 1937] JSt»' STOCK EXCHANGE SAN FRANCISCO ' " AGGREGATE SALES PRICES IN MAY ■KUHSSKS. Since RANGE SINCE JAN. 1 Jan. 2 STOCKS Jan. 1 Shares May 1 May 29 Lowest Highest Lowest Highest Sale Prices Ask Bid Par ;; ;> Sale Prices Sale Prices Sale Prices Nat Auto Fibre* Inc etc 31% 33% 10% Sale A common series 1........* Natomas Co capital.......-* 31 30£ 26 100 f 96 84 27■ 99 84.. Oil 14 cap.lt •. 88 Sale 33 10% Sale 12% 28% 30% 30% 14 15% 25 '• 26% 23% 10% 10% 10% 13% 15 13% 19% 20% 17 12 14 12% 31 Sale 29% 29% 29% 29% 26 % 27 26% 44% 46% 44% 104 104% 104% 6 ;; 6% 5% 21% 21% 21 140 Sale 135 133 138 130 71 v 79 68 95 110 95 55% 57 56 3 % Sale 13 % 14 14^1 uur mUllHU»..eeMe««ii» United Filters Ine A..* Pacific Can Co Pacific Gas 8c Blec Co Corp Co cap..* Corp partic pf tr Co Ltd com. (new) 8% 45 !i»,i ibni 17 ..... 9% 3% .. ..... ..... 25% 107% 36% | 115 San Joaq Lt 8c Pr prior pf.ltt 30 28% Sale 37% 119 8H% cum conr 25 m m Sou Pacific Co «*mmmmimmmm com m ..... 36 Sale Sale 103 53% (cao'lLlM (cap'D.ltO 53% ^ *% 9 Sale 44% 16% Sale 43% Sale 18% Sale 41 3 41 43 4% 3 18% Sale Universal Cons Oil c.5 10 Waialua Agricultural Co._20 WallsPartfoBk 4k UnTr cap 1M 312 Western Pipe 11 Steel of Calif eomsMa 35% Sale 38% 17% 97 ▼ t 115"" 94 98 Sale Sale 42% Sale 18% 97% Sale Sale 21% 17 14% 13% 24% 24% 22% Sale 21% 17% 18% 16% 15 Sale 15% 16 55 60 63% 68 320 330 325 330 Sale 31% 34 r M M 53i Class A Series 1I-- • No par value, ser I.N 50 f Removed from list Feb. 4. 20 59% 62 54 59 May May May May May May May May May 10 May 13 44% 19 1 43 May 26 43 3 3 May 28 16% May 13 18% 90 May 19 97 May 26 15% 24 May 13 25 18% May 14 22% May 12 15% May 17 16% 59 May 26 63% 322 May 20 130 31 May 47 May 13 1 Apr. Mar, 12% May 9 4 6 6 7 18% Feb. 4 38 May Jan. Jan. 7% Apr. 46 May 15 May 9% May 3% May May 10% May 26 Jan. Jan. 13 Jan. 5 7 18 4 Feb. 16 Feb. 23 Feb. 2 Jan. 9 Jan. 15 Jan. 15 11 79% Feb. 13 18 78 Feb. 13 13% Feb. 17 21 50 19 15 19 Apr. 19 17% May 28 10% May 7 May 25 18 21 12 * Apr. 28 Jan. 2 43% Jan. % May 25 % Apr. 22 1 13 16% May May May Apr. May 10 12 22 25 14 28 33 14 105 34% May 17 48. 40 Feb. 26 47 J 102 Mar. 19 104 103 Apr. May 4 Jan. 33 Mar. 2 Jan. 5 110 Jan. 28 Mar. 15 42% Jan. 27 4 120 Feb. 10 Apr. Mar. 31 106% Mar. 31 Apr. 23 Apr. 16 5 4 25 26 28 82% May Jan. Jan. Jan. m Jan 18* Jan. 50 4 3 1 12 4 14 28% Mar. 18 32% 25% Mar. 18 29% 42 May 18 53% 103 May 13 107 5 May 18 21 May 14 136 May 24 133 Apr. 28 72% Apr. 26 87 100% May 18 109 51% Jan. 13 54% 3 % May 26 5% 13% May 19 18% 77% Apr. 26 89% 20 6 49 11* 28 18 Jan.> 22% Jan.: 46 May May May May May May May May May May May May May if* May 28 Apr. 20 29 8 26 5 24 4 4 1 12 5 18 21 12% May 7 3 30% May 7 13 103% May 12 17 39 May 12 13 45 May 27 19 104% May 3 18 69% May 6 25 1% May 7 16% May 16 15 12% Apr. 30 17% May 26 12% Apr. 28 May 20 42 Feb. Feb. Mar. 17 23% Jan. 18 33 May 22 102% Mar. 9 7 96 May Mar. 5 May 17 Mar. 12 Jan. : 7 Apr. 27 32 y>4 24 21 28 7 25 10 1 T" May" 12 *l6"""May" Yellow Checker Cab Co— (Coasolidated) cl A May20 44 13 — 13 13 . 101 JlvU Gate cl A..* United Air Lines Trans May ; May May May May ; May May I May May | May May ! May 13% May 19 78% May 22 75% May 17 72 May 13 8 Sale May 13 47 46 May 21 Sale 15 May 19 Sale 9% May 15 3% 3% May 19 25 27 May 18 105 106 May 13 28% May 14 10 May 17 35 44 SAA Je rOIWTIeU« May May May May May May May May May May May May May May May May May May 140 May 138 May 73 May 100% May ~~3%~May~26 6 11% 11% 29% 29% 103% 104% Signal Oil 8c Gas Co class A.* Soundview Pulp Co new....5 • 34 113% o lit pref. 102% 27% May 97 May .85 May 13% May Sale May 14% May Sale May 11 May 14% May 17% 17% May \3V 12% May Sale 29 May 29% 29% May 27% 26% May 42 Sale May 105 103% May 6 5% May Sale 21 May 138% 136 May 135% 133 May 72 73 May 105 100% May 57% 32% May 11 10% May ~ 100% 108% 6% prior pref ser A 100 Schlesinger (B F) com (new). ^Preferred o^Corp 25% 28% May 14 10 May 17 Jan. 6 13 65 1 1 12 iV* 4 20 Jan.; 12 Jan. 9 46 13 19 26 28 5 tl* 97 Feb. 10 Mar. 12 Mar. 3 Mar. 9 Mar. 11 Jan. 11 Jan. 13 Feb. 17 Feb. 19 29 Feb. 4 Feb. 24 Feb. 24 Jan. May 13 2 17% Jan. IV* 12 24 12 23 Jan.: 16 18 May 26 75 Jan. 2 350 Apr. May Apr. 16 Feb. 25 Feb. 4 Feb. 4 Jan. 13 Mar. 17 Jan. 18 Feb. 30% Apr. 26 40% Mar. 47 May 13 50 Mar. 16 64 69 1 8 Jan. 14 Jan. 7 * J,' T *1 ► RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE 1937 Stock Sales X'r Shares- May Jan. 1 to May 31 — 639,875 5,782,130 May Share* Shares 200 6,100 v STOCKS 1937 800 2,000 2,000 7,200 ji :£■ y. - 400 100 120 200 B.. 4% Sale 100 Sale 1.10 1.25 576 31 '"466 2,600 1,600 17,400 Hancock Oil Co A ....•.* 74,600 Holly Development Co 1 430 Holly Oil Co 5 1100 Honolulu OH Corp.........* 1,300 cHudson Motor Car Co......* 200 International Cinema .....* 13,200 24,400 25,300 2,200 139 10,600 1,800 2,700 3,600 935 131,686 300 *50 2,400 100 20,100 6,200 6,500 14,700 200 2,600 1,800 328,700 Jade Oil Co.. ..1 398,000 Klnner Alrpl Ac Motor Corp.l 403,300 Lincoln Petroleum Corp....] 28,900 Lockheed Aircraft Corp..._l 3,613 L A Gas Ac Elec 4% prof...100 115,700 L A Industries Inc.........2 14,000 L A Investment Co........10 65,720 Mascot Oil Co 39,100 7,425 556,886 2,005 280 1 Menasco Mfg Co .......1 Merchants Petroleum Co...l Mid-Western Oil Co......... Mills Alloys Inc A.........* B • 36,000 Mt Diablo Oil Ming At Dev..l 2,600 272,250 168,425 181,520 345,300 10,600 2,600 16,100 National Funding Corp 10 NordooCorp.. ......5 Occidental Pet Corp 1 Oceanic Oil Co.............] Oltnda Land Co............] Pacific Cloy Products......* Pacific Distillers Inc Pac Finance Corp common.lt 100 400 800 400 45 10% 16% Sale *18 70 18% 300 300 4,600 1,400 9,900 Preferred series A Sale 37 Sale 5,600 50 1st pref g%. BH% 1st preferred Pacific Indemnity Co 3,000 Pacific Western OH Corp 138,900 Republic Petr Co Ltd 50 7,200 18,700 1,100 2,200 2,800 175 600 85,750 18,700 1,100 24,400 22,400 1,900 9,030 """"*1 100 41 272 4,100 33,900 46"566 131,800 400 3,400 7,182 7,482 3,595 500 Preferred Lowest Highest Sale Prices Sale Prices 2% May 18 5% May 13 2% May 22 6% May 6 11 20% 6 5% 1 3 3 4 May May 24 lie 16c 6c 10c 11c May 13 6c May 20 38 19 May May 9c May 37 30 V 10 2% 1.25 5% 1.50 "~6c~May~28 41% 39% 4% 35% Sale 10% Sale 16 % Sale 165c May 6c May 20 55% 3% 60c May 27 2% May 17 95c May 17 4 May 17 1.50 May 24 6c May 28 54% * 18 16% 15% 57% 58 3% 34 4 "33"" "35" 11% 15% 9% 16 5% 11% 15% 10% 18 5% 55 May 41 May 33 May 14 3% May 13 30 May 17 10% May 13 14% May 13 10 May 18 17% May 21 5% May 25 "IS"" "15% 15% May 90c May 1.15 Sale 440 May 453% 445 56 54% May 55% 15 15% May 16% 2% May 5 Apr. 26% Jan 38% Feb. 4 12c May 19 10c May 5 56 May 22 41 May 3 35% May 7 3% May 7 35% May"! 11 May 21 16% May 1 10 May 18 19 May 4 6 May 3 20 16% May 7 1.35 May 22 13 12 447% May 15 18 60 May 7 15% May 20 21 45c 21% 4 1.50 104 ,06 6c 40 40% 22% 22 23 Sale 38% "39% 21 9 May 14 May 21 23! 10] Sale 10 108% 109 4% 7% 80c 6c May 20 38% May 25 40 23 1.10 11c 13c 39c Sale 31c Sale 12% Sale 113 Sale 112 4 7% 8% 1.00 1 10 3% Sale 36c ..... 60c lc 1.35 2.25 25c 1 65c 70c 12 12 % 18c Sale 41c 45c 80c 85c 18c 19c 11H 13c Sale 1.50 2.00 65c 21 22 1.10 Sale 13c 15c 31c Sale 32c Sale 21 May 27 3 1.10 May 95c 1.00 3% Sale 40c 50c 19c Sale 1.40 Sale 50c Sale 1.25 Sale 28c Sale 29c Sale 21c Sale 10 32 % 15 25% 11% 10% 13 "26"" 14 10% 11% 1% Sale 22% Sale 11% 14 ..... 30 31 29% 29% 26% 29% 26% 29 26% 28 30 31 45 Sale 103% 104% 11c May 14 30c May 10 30c May 12 May 11% 12% 110% May 3 % May ~4% Sale" 7% May 7% 8% 50c 80c 87 %c 10 10% 19c 22c 47c Sale 1.40 Sale 77%c 80c 10 12 12 104% 106 $4 8 8% W'3 48 ........... 21c" "§9c Samson Corp B common * 4% Preferred...........10 San Gabriel Rlv Impt Co...10 San Joaquin LAP 7% prpflOO Security Co unite........... Security First Nat Bank...20 Shell Union OH Corp.......* Sierra Trading Corp.. 25c Signal Oil-Gas A • Signal Petroleum Co ...1 90c 2% 2% Sale 3% 114"" ::::: 16c 8 2 17 17 1 25 5 F4 Jan. 28 Jan. Feb. Feb. Feb. Feb. 19 23 24 25 1$ 69% Mar. 19 42% Apr. 9 Jan. 6 8 Apr. 9 May 17 10% Jan. 20 15 Apr. 28 3% Jan. 2 17% May 21 5% Jan. 6 5% Jan. 21 64% Mar. 9 15% May 20 43 29 2% Jan. Feb. 4 % Feb. Feb. 116 30 60c Jan. 22 445 May 12 54% May 18 14 Jan. 2 14 Jan. 2 Mar. 16 May 10 23 Jan. 9 26 Feb. Jan. Mar. Mar. Feb. Feb. Feb. _ 17 10 10 16 27 11 16 8 16 4 64% Mar. 9 19% Mar. 11 1% Mar. 17 60 70 Jan. 46 Mar. 11 11 Feb. 13 18% Feb. 3 39% Apr. 14 30% Mar. 3 11% Jan. 11 8% Apr. 14 39% Mar. 11 21 Jan. 85c Jan. 1.35 Jan. 15 May 1.20 May 24 Feb. 4 1.50 Mar. 16 1.50 Mar. 24 35 Jan. 4 22% Mar. 3 "30"" 30 27% Sale, 43% 04 22% May 20 14 44% 45 105% 104 57 %c 60c 6% 7% 2% Sale 3 3% 4% 5 109 22% 7% Sale 48 40c Sale 9% 10 3% Sale 7 7% 2% Sale 1% 2% 4 4% 115% 44 46 43 53 53% 28% 54% 27% 2c 3c 35 200 39 50c 48 Sale 45 37 5c 15c 120" 47 40 53% Sale 4c 2C 24 May 11 21 14 17 7 20 May 1 May 12 Jan. 1.05 May 3% May 60c May 20c May 1.40 May 25c May 85c May 10 May 21c May 55c May 1.50 May 29c May May l._ May May May May May 29% May 26% May 31 May 45 May 105 May m l°oH 9c Sale 36 29c 40 35c 7% May 13 46% May 26 40c May 28 9 May 18 3% May 19 6% May 3 2% May 1 2% May 6 4% May 5 Jan. Feb. 4 3 1 15 21 28 25 27 18 1 5 8 5 7 18 3 11 8 10 3 7 28 1 24 """3c 7% May 25 2% May 11 May 4 4% May 4 May"i9 il6~ ~May"i§ May 25 52% May 18 May 7 35 May 18 15c May 4 43 56 7 46 80c 3 May 10 May 36 May 27 32c May 7 1% Jan. 25 18c Mar. 24 72%cJan. 25 Feb. 60c 5 16% Feb. 20 10 Mar. 19 6% Feb. 8 10 Feb. 5 11 109 6 9 2% May 18 1.45 Mar. 30 4% Jan. 40c Jan. 15 80c lc Jan. 4 16 Mar. 15 20c 1.10 45c 70c 10 18c 45c 70C 18c 8 11 4 May 18 Jan. 2 4 Jan. 4 Jan. May Jan. Jan. Jan. 5 May 13 May 28 % 22% May 20 8 11% Apr. 10% May 21 29 May 14 29% May 17 26 Mar. 18 27 May 20 44% Mar. 31 104 May 12 Mar. 12 23% Jan. 23 5 23% Feb. Apr. 28 46% May 26 33 Jan. 6 9 May 18 3% May 19 6% Apr. 19 May m Mar. Jan. 17% Feb. 119 Feb. 42 28 9c May 25 Jan. A 4 May 11 Jan. 23% May 11 9% May 24 46% May 26 62 %c May 5 10% May 8 3% May 10 3 Jan. May Jan. 7 23% May 11 116 42 8c 39c May 13 14 12% May 12 112% May 4% May 11 8 May 27 85c May 17 2% May 18 45c May 21 13c May 1 1.10 May 8 25c May 25 70c May 15 10 May 18 18c May 14 47c May 17 1.25 May 1 25c May 13 10% May 13 1% May 18 10% May 29 May 29% May 26% May 27 May 15c May 27 39c May 1 2214 23H 22% 23H 9 Sale 14c 13c 17c Jan. Jan. Mar. Mar. Apr. Jan. Feb. Jan. 43% Jan. 14 41 May 3 19% Jan. 7 1.10 Apr. 26 8 3% Sale 28 May 24 5% 9% 30% 41% 90c v 3% 2% 7% 2% 106 Apr. 23 4% 95c 2 10c May 4 May 13 18% 48c Apr. Mar. 1.05 "7c"fI6c" 45c 29c 10 16 Jan. 4 Feb. 5 Jan. 13 Jan. 22 35 18 14 2% May 17 95c May 17 8 77Z Jan. 18 20 Apr. 21 10 28H 103 Rice Ranch Oil Co ........1 Richfield Oil Corp Warrants... Roberts Public Markets....* Ryan Aeronautical Co 1 For footnotes see page 67. Highest Sale Prices 6c Sale 7c 57 23 « ...28 25 ...10 2,200 Pac Lighting Corp com.....* 360 $6 preferred ......_* !•: 5 1.75 55 21J 91 Sale 10 500 Pacific Public Service......* 100 1st preferred .......... 200 4% 1.25 12c 1.00 Sale 440 455 62 Preferred series C ......IA 2,300 Pac Gas At Elec Co com....25 100 205 12c 9c 16c 38 3 91 Sale 1,900 1,500 4% 2.00 40% 43 5,500 General Paint . Tli 7c 4,600 General Motors Corp......10 common.. ..* 1,000 Preferred .........* 8,200 Gladding McBean Ac Co * 17,700 Globe Grain A: Milling Co..25 1,200 Golden State Co 2,200 Goodyear T Ac R Akron com.* 85 $5 Preferred (new).......* 2,200 65c 62%c Sale Sale 2% 2% 1.20 1.10 1.25 11c 446 Farmers Ac Meich Nat Bk.100 """800 Lowest Sale Prices District Bond Co..........25 900 700 Ask . 6c * 28,800 - ■ 3% 2% 5% Sale 3 5 7c 100 Douglas Aircraft Corp......* 8,800 Emsco Derr Ac Equip Co 5 458,900 Exeter Oil Co A... .1 800 2% 5% m 1,386 Broadway Dept Store pfd.100 47,000 Buckeye Union Oil com..._l 19,000 Common rot tr ctfs 1 137700 Preferred. ...............I 72,200 Preferred vot trust ctfs..l 900 Calif Packing Corp... Ask Bid Bid Sale 45c 2H 2,631 Central Investment Corp.100 9,200 Chapman's Ice Cream Co.. 400 Chrysler Corp.............5 11,550 Citizens Nat T&S Bank.. 20 22,600 Claude Neon Elec Prod Ltd.* 21,600 Consolidated Oil Corp......* 159,200 Consolidated Steel com....* 15,10j0 Preferred................* 13,600 Creameries of America v t c.» 600 800 RANGE SINCE JAN. 1 26% 10 .... 2,400 California Bank new......25 1J50 2,000 1,900 May 31 May 28 May 1 Ask 2,279 5%% preferred (new).....* 136,338 Barnhart-Morrow Cons 1 62,400 Berkey At Gay Purn Go....* 99,700 Warrants.... .........* 29,400 Bolsa Ghlca Oil Corp A....I0 100 T,io6 Par ' .1 1 600 Barker Bros common.......* 4,600 6,600 4,200 1,900 1936 Price Jan. 2 1,800 Assoc Gas & EI A 75,200 Bandlnl Petroleum Go , 1937 PRICES IN MAY STOCK EXCHANGE Since Jan. 1 In Jan. 1 to LOS ANGELES sales aggregate Bond Sales 1936 - 786,361 8,648,602 f 1 9 6 3 10 Apr. 27 May 18 35 Mar. 22 Jan. 14 May 18 12c Feb. 2c 23 May 21 2% Mar. 1 50c Jan. 11 7%cAfcr. 5 12% Jan. 12 45c Feb. 26 80c Feb. 1 2.00 Mar. 19 40c Mar. 6 18 Feb. 4 1 % May 18 Jan. 4 Jan. Mar. Jan. Jan. Jan. Feb. 12 17 13 13 8 18 Jan. 7 Mar. 19 Jan. Jan. 21 23 Apr. 5 17 May 26 Mar. 31 May 8 May, 10 Jan. 2C Feb. tt Feb. Mar. Feb. Feb. Feb. Feb. Feb. Mar. 19 23 3, 9 10* 4 12 May 25 Mar. 12 Mar. 13 ANGELES LOS AGGREGATE SALES STOCK EXCHANGE PRICESIIN MAY LOS ANGELES STOCK EXCHANGE RANGE SINCE JAN. 1 Since STOCKS Jan. 1 Shares 5,300 28,200 So Calif Edison Ltd 765 10,600 11,400 2,500 200 12 100 1,200 900 2,200 1,800 ....... 600 28,200 cpm—25 Original preferred......25 6% preferred...........25 5%% preferred.. .....25 500 So Calif Gas A 6% pref—25 242 So Counties Gas 4% pref. 106 10,400 Sontag Chain Sotres Co Ltd. * 5,300 Southern Pacific Co......100 15,500 Standard OH of Calif * 43,700 Sunray Oil Co.. 35,000 Superior 011 Co common...25 3,100 Taylor Milling Corp........* T,506 i Lowest 207,200 r;v Transamerlca Corp * 540 Union Bank k Trust Co 74,700 Union Oil of Calif 50 25 24,100 Universal Cons OH Co....10 1,100 Van de Kamps Bakeries.....* 1,130 2,368 50,800 2,200 200 Victor Oil Co 10 Weber Showcase 8c Fix pfd..* Wellington OH Co 1 Western Air Express Corp..10 Yellow 8c Checker Cab Co..* Highest Lowest Highest Sale Prices Shares Sale Prices Sale Prices Sale Prices 22% May 13 26 May 5 ~27%~May"3 "28~~~May~n 25% May 30 106 13 May May May 53% May 41 % May 4 May 40 May 21 May 13 May 19 26% May 3 4 30 May 4 4 106 '• May 4 15 13 May 15 28 60 % May 7 17 44% May 1 17 4% May 7 25 47 May 4 15 22% May 27 27 15% May 4 141 & May 23% May 14% May 43 May 13 141% May 17 25% May 18 16 May 19 47% May 1.50 May 15 1.50 May 8% May 25 8% May 11% May 18 12% May 9 May 20 9 May 13 4 3 10 15 25 7 20 22 % 38% 27% 25% May 13 32% Jan. Apr. 19 41 Feb. May 3 29% Jan. May 19 28% Mar. 30 May 4 31% Feb. 106 Apr. 7 108% Feb. 12% Feb. 3 14% Jan. 45 Jan. 6 62% Mar. 41% May 17 49% Feb. 4 5 Feb. May 14 40 Mar. May 25 55 21 May 15 25% Mar. 13 May 27 17% Jan. 141% May 13 155 23% May 13 28% 11% Jan. 18 18% 39 Feb. 8 47% 1% Jan. 26 2% £7% Jan. 2 9 10% Mar. 4 13% 9 Jan. 8 56% Feb. 18 MINING STOCKS— 300 259*050 516,300 56,500 27,900 5,400 1,032.100 425,200 9*900 41,140 152,425 Alaska Juneau Gold M ColOc Black Mammoth Cons M ColOc Calumet Gold Mines Co 10c Cardinal Gold Mining Co 1 Cons Chollar G & S Co 1 Gold Ore Mining Co........l Imperial Development Co.25c Prince Cons Mining Co 10 Tom Reed Gold Mines Co...l Zenda Gold Mining Co......! STOCKS— Amer Rad & Stand San.....* Amer Tel Ac Tel Co.......100 Anaconda Copper Mining. .50 Atlantic Refining Co 25 (The) Aviation Corp (Del)..5 Baldwin Locomotive........* Bendix Aviation— ...5 Caterpillar Tractor... Cities Service Co * .......* Commercial Solvents—....* Com'wealth Ac Southern....* Cord Corp ...........5 Curtiss-Wrlght Corp ....1 Electric Bond Ac Share......5 General Electric Co........* Goodrich (B F) Co * International Tel Ac Tel.....* Kennecott Copper Corp....* McKesson Ac Robblns 5 Montgomery Ward Ac Co....* N Y Central RR No Amer Aviation Inc * ....1 North American Co........* Packard Motor Car Co......* Radio Corp of America.....* Radio-Keith-Orpheum...... * Seaboard OH Co of Del.....* Standard Brands Inc.......* Texas Corp ...» Tide Water Assoc OH.......* United Corp (Del) U S Steel Corp Warner Broa Pictures ♦ ..5 Westinghouse El Ac Mfg Co.* No par value. x Odd lot, 12% May 20c lc 4%cTsJay 7 38c May 27 8c May 18 20 Mar. 23 May 6 1% Apr. 21 Jan. 28 l%cJan. 60c 38c 4 Jan. 4 Mar. 22 Feb. 5 8c -May 18 lc ~55c~May"~5 7 Jan. 35c xlc Oatman Ralnb Gold M Co. 10c UNLISTED * 12% May 7 21c May 13 2%c May 17 36c May 6 1% May 26 Jan. 13 5 8 11 20 29 4 19 19 16 31 2 4 27 Feb. 4 Mar. 17 May 10 Mar. 17 Feb. 11 Apr. 13 10 Jan. 12 61% Jan. 29 ' "• ;- '• ' V.: "• \ v.': ''' ns OF BONDS AND STOCKS mmrnmwm, f'n v."!1:*1'. It i t">' '••« •. tv! ■'C ">• .X < • i •'. 1 • V \.f \ V• ,;v•/ sy J:^v; ,;^;VV '. li/i»\:v »♦*'£;'; ■■ -x-,''v.«v• • of the country, for the latest month and for the calendar year to date, are furnished. In this department of General Quotations we combine in one comprehensive whole, securities of all classes and descriptions, not only those dealt in on the exchanges, but also leading unlisted and inactive securities* a The following is an index In the earlier part to the of this publication complete records of the dealings on the leading stock exchanges different classes of securities quotedt Page Page Exchange Seats................... Federal Land Bank Bonds......... Foreign Government Bonds........ .ndustrial Bonds.......—......... ndustrial Stocks >nsurance ........— Stocks.............. Page 84 Joint Stock Land Bank Securities.......Ill Railroad Stocks-.....................—- 91 Mining Stocks..............85 ... ... 82 Canadian...93 Public Utility Bonds.................... 74 99 ... Bonds—••Ht 88 Textile Stocks.......—-—-...---—.—— 88 Title Guarantee and Safe Deposit Stocks— 85 Public Utility Stocks—.. 79 United States Government Securities.... T8 ... ... investing Companies Securities.... 72 85 ... Railroad Bonds..68 United States Territorial Bonds—.—... 92 Municipal Bonds-^-Donlestie..... 91 4 —i Real Estate Real Estate Truet and Land Stocks...... 91 91 Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue. Tbe letter 'T' prefixed to bond prices denotes that the quotation is a flat price—that is, that the accrued interest forms part of the price, and In the case of income bonds and bonds in default, the price is therefore the purchaser does not have to provide for it separately in making payment. always "flat," and no designating mark is employed to indicate tbe 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 cases . v s tbe figures are obtained and unlisted securities are merely nominal, but )n all from sources which are considered reliable. The following abbreviations are often used, vis.: "M" for mortgage, "g" for gold, "gu" for guaranteed, "end" for endorsed, "cons" for consolidated *'conv" for convertible, "s f* for sinking fund, "1 g" for land grant, "op" for optional. The black-faced type In the letters showing the interest period indicates the month when the bonds mature. NOTICE—All bond prices are Mand Interest" except where marked Bid Bonds RAILROAD BOND8 Aberdeen AAsheboro 1st 5e'40 JAJ / 21 98 Adirondack 1st 4 Ha 1942 gu MAS 102 Akron A Barb Belt g 4s 1942.JAD Akron Canton A Youngstown— Gen A ref 6s 1945 series A.AAO / 69 Gen A ref 554s 1945 ser B.AAO / 6854 Alabama Great Southern— 109 1st cons g 5s 1943 ser A—JAD Bonds" Ask "f" and Income and defaulted bonds. Ask Bid 1st cons 4s 1943 ser B_. JAD Kq trust 5s ser G 1938 AAO Alabama Tennessee A Northern— Prior lien 6s 1948 ...JAJ Gen income 6s Oct 1948...JAJ Alabama A Vicksburg By—_ 1st M g 5s 1974 series A—MAN Albany A Susq 354e g 1946..AAO Alleghany Corp— §g 102 104 5fTl944 . 1st mtge gold 5s 1946 Atlantic City gu 4s 1951 1st 5s ext May 1 1954 Atlantic Coast Line BB— JAJ MAN Gen unifser A 4 54s 1964—JAD 10-yr coll tr 5s May 1 '45.MAN Lou & f ashv 4s Oct 1 '52.MAN Equipment trust 454s Eq 4%s 1938-41 E (yr)—FAA Atlantic Coast Line (Conn)— Irred ctfs of indebt 5s JAD Aug Term 1st gu g Austin A Northwestern— 1st mtge gtd g 5s 1941....JAJ 157"" 17 Augusta Union Sta 4s 1953..JAJ Baltimore A Harrisburg By— 1st M West Ext g 5s 1938.MAN 5-yr sec notes 454s 1939—FAA Conv g 4 54s Bef A gen 5s Bef A gen 6s 9954 193 FAA 1960 1995 series A.JAD 1995 series O.JAD Bef A gen 5s 2000 ser D—MAS Bef A gen 5s series F 1996.MAS 84 tr 454s 1937-40 (yr)-.MAN tr 454s '38-'41 O (yr)—FAA tr 5s 1937 (yr). FAA tr 5s 1938 (yr) FAA Pittsb Lake Erie A W Va— Refund gold 4s 1941—MAN S W Div 1st 5s 1950 -JAJ Toledo A Oin Div 4s 1959.JAJ 63 Eq Eq Eq Eq 10954 9554 1.25% 2.00% 2.50% Bangor A Aroostook— 1st M 5s g Jan 1 1943..—.JAJ Cons refund g 4s 1951.....JAJ 104 4s stamped 1951 114 Cons ref. conv. 4s 1951...JAJ 98 Piscat Div g 5s Jan 1943—AAO St Johns Biv Ext gu 5s '39.FAA 11054 Van Bur Ext 5s g Jan '43-AAO 10 5H Washburn Ext 1st 5s '39—FAA 105 J4 Battle Creek A Sturgis— 6654 109 72 114 106% 9754 10254 1065 113 100 75 85 99 100 92 92 104 94 90.. 1.90 1.90 102 1.25% 1.25% 84% . 2.25 85% 1.50% 1.50% 1.10% 1.25% 2.50 1.50 2.00 103% 10354 91% 11154 10554 110% 110 109 108 10654 11154 112 109 108 110 102 1942-——.—.JAD 75% 92 105 * Last sale. 104 General 5s g 1937 Con g 454s 1957 JAJ 1955—1. 86 1.25% 99 24 20 106 10754 2.25 92% 1.25% 113% 11454 _ 105% 93 95 90 Nominal. 1005 1 10654 100 : 103 .FAA 3s 1944 MAN Guaranteed 2s, 1938 8854 88 10854 102 Eq tr 554s 1938 —MAN Canada Atl By 1st 4s 1955. JAJ Canada South 5s 1962 ser A.AAO Canadian National Rys— 2.00 % 454« guar 1957 ....JAJ 4548 guar 1951 ...MAS 454s guar 1956— FAA 4%s guar 1955 JAD 15 2.50% 40-yr 5s guar 1970 —FAA 5s guar July 1 1969 l66" JAJ 5s guar Oct 1 1969 23 AAO 5s guar 1954 FAA 16-year guar 3s 1950. JAD 10554 100% _ 102 10754 Cambria & Indiana— 100% 9154 9354 72 40 10354 10254 1st 4s Dec 30 1963 98 JAJ, Burl Cedar Rapids A North— | Con 1st A coll tr 5s g *34—AAO f 20% Certificates of deposit / 1954 Butte Anaconda A Pac 5s *44 FAA 105 Cambria & Clearfield-— 1 1st 5s g 1941 107 JAJ Guaranteed 91 24 106 MAS MAN Equip trust 5s 1937-'38—JAD b Buff A Susquehanna BR Corp— 1 103 104 /10254 _JAJ 10254 90 n JAJ15 1947—FAA Brooklyn A Montauk— 2d (now 1st) glold 5s 1938.JAD Brunswick A Western— 1st mtge gtd 4s 1938— JAJ Buffalo Creek 1st 5s 1941 JAJ Gen M g 4s 1947...—......... 5s April 1944— 5s June 1945— 5s Jan 1946 Gen m 6s 1938 Boston Term Co 354s 4s 1950 2354 10054 FAA Buffalo Rochester A Pittsburgh— 111 110 111 Bedford Belt 1st 5s 1938 JAJ Beech Crk Ext 354* 1951—AAO July 1 1938.— JAJ 4 He July 1937 JAJ 4%s impt 1978— FAA 1st mtge 454s ser ^ 1943—AAO .JAJ 354s Jen 1 1951 1 Bef 354s 1952 gu N Y O..AAO Boston A Maine (new) 5s Sept *41 1st mtge gu g 4s 1955 1st ref 5s 1961 75 4s-5s April 86 Boet A Prov deb 5s July 11938 Boston Rev Beach A Lynn— 1st m 4%s Juy 15 1947—JA J15 11254 402 54 2.50% 2.50% 2.00% Boston ANY Air Line— 85 - 5s 104 54 79 9754 10754 101 >4 97" - 76 86% 96,w 84 % 1st guar g 3s 1989 JAD Bay City A Battle Crk 3s *89 JAD 5s June ....— 5s May 1940 1st m 5s 1967 ser AO 1st m 5s 1955 ser 2 1st m 4%s 1961 ser JJ AAO Equip trust 354s Dec 1 1937-44 107% 99 Eq 454s 1938-1943 (yr) AAO Equipment trust 5s Boston A Maine (old)— 4s Aug 1942 FAA 3s July 1950 107 ——JAJ Equip 554s 1937 (yr) FAA 113% 101 Eq tr 68 1938 (year) JAD 10654 103 93 54 6s March 1942 5s Jan 1943 MAS MAN 77 ■ _ — 1095 60% 49 Ask Concl— ... 1st M 4s g July 1 1948....AAO 1st M 5s July 1 1948 .AAO .... 105 50 45% Baltimore A Ohio— 654 /This price include* accrued interest. AAO 6s 1947—AAO 1st mtge gu g 48 1949 103 106 99 ..JAD 1st cons 4s July 1 1952—MAS Conv deb 4s 1939 op *16—MAN 6 Basis. 71 70 JAJ Belt BB A Stk Yds (Indplls)1st ref gold 4s 1939 10254 MAN 95 Belt By of Ohatt 1st 5s '45—JAJ 102 Belvidere Del 1st 354* 1943—JAJ Bessemer A Lake Erie— Equip tr 2%s 1938-1947—MAS 62.80 110 10754 Big Sandy By 1st g 4s 1944..JAD 1 11154 Birmingham Southern— Equip trust 354s Dec. 11937-46'b 3.60 Birm Term 1st g 4s 1957 gu.MAS 97% 94 10554 Bluff Point Land A Imp 1st 4s *40 Boonville St L A Sou 5a '51.FAA / 21 105% 16554 Boston A Albany 5s Oct '63—JAJ Atlanta Knoxville A Northern— 1st cons 48 Mar 1 2002 MAS Atlanta Terminal 6s 1939...FA A Gen 1st g 4s July 1948.....JAJ Atl A Danville 1st 4s 1948—JAJ 2d g 4s 1948 Atlantic A Yadkin— 1.20% FAA 9954 92 Coll A conv 5s 1949......JAD Coll A conv 5s 1950—AAO 6s stamped 1950 —AAO 109 Allegheny Valgen 4s 1942..MAS Allegheny A Western— 94 1st mtge guar 4s 1998 AAO American Refrig Transit— Equip 6s series D 1937— -JAJ b 1.75 Equip 5 Ho series E1939—MAN b 3.00 Equip 5s ser F, G A H. '41-'45 b 3.75 Ann Arbor 1st g 4s 1995—-Q-J 51 Ark A Mem By Bridge A Term— 1st M 5s 1964 MAS 111 Aroostook Nor 5s g 1947 AAO Aroostook Valley ist 4Ha '61JAJ 93 Atchison Topeka A Santa Fe— 109 £4 Gen mtge gold 4s 1995 AAO Adjustment 4s July 11995 Nov 10454 Stamped MAN 10554 Conv g 4s of '09 due 1955. JAD 106 Conv g 4s '05 due 1955-JAD 10654 Conv g 48 of TO due 1960. JAD Conv deb 4 Ha 1948 JAD 10854 Trans S L 1st g 4s 1958—JA 11054 Cal-Ariz lst&ref4 Hs'62 opMAS 112 Rocky Mt Div 4s 1965—.JAJ 10554 Athens Terminal By— 1st g 5s 1937 JAJ / 34 Atl A Birm. See Seab'd Air Line Atlanta A Charlotte Air Line— lstM4 H 1944 ser A JAJ 10654 1st M 5s 1944 ser B JAJ 11054 Coll trconv 9954 Bid Bonds Boston A Maine (new) 6s May 1943— Atlantic Coast Line of S O— „ 9154 9054 90 9354 11254 11354 11354 11554 11754 115% 11754 115 Qf; 100% 10054 MAN 7-year guar 2s 1943 F&A 97% 94 17-year guar 3s 1953 FAA Eq tr 4Ha 1937-1942 (gu) MAN 6 3.15 Eq tr 4Ha 1937-45 (ann).JAD 6 3.15 3.15 Equipment trust 5s.. Canadian Northern— S F deb 654s 1946 JAJ 124 124% June, 1937] BAILBOAD BONDS NOTICE—All bond prices Quotations for all securities are "and interest'' are as Bonds Bid 84 89 Cons deben 4s 20-yr coll perpetual--J&J 93 H 1946—M&S my* 107 3* 1023* tr 4Hs Coll tr 5a 1964 J&D 8 f 4Ks Dec 15 1944—J&D 16 Coll tr 4Kb 1960 J&J Conv coll tr 6s 1942 M&S 16-yr cony colltr 102 3* flOSX 103 4s 1949..J&J Cony coll tr 3H» 1951—.F&A Eq tr 5s 1944 J&J 1013* 1143* b Eq»tr 4Hs 1937-1938 s-a..J&D Eq tr 43*8 1940-1945 s-a-J&D Oaro Cent 11st Oaro Clinch & Wo 3.00 3.00 b 4s 1949--J&J / 5s 1938-J&D J. 1st cons 6s 1952 ser A—J&D 16 Carthage & Adirondack— 1st mtge guar g 4s 1981—J&D Catawissa Cons g 4s 1948 A&O . Eq tr 43*8 '38-*40 ser P«yr)M&8 Eq tr 4 3*s '37-*40serQ<vr)M&N Eq tr 5s 1937-1938 <yrly)-J&D 79 106 109 108 sy* 1043* 1033* 1023* 6 1.75 Cin Northern RR 1st 4s 1951-J&J 107 Cincinnati Union Term Co-— 1st mtge g 5s series O 57-M&N 92 1938jyr)--—-A&O 3.00% 1st gtd 5s 1943 -J&J Cleveland Akron & Columbus— 1st cons guar g 4s 1940—F&A Clev Cine Chic & St Louis— 109 78 104 3* 1.25% 1083* 1043* .... 1053* 9b 96 1993 J&D 1003* 1993—__-J&D Ref & imp M 6s '41 ser O—J&J *103""32 Ref & Imp M 5s '63 ser D_. J&J t 105*32 Ref & Imp 43*s ser E l 977-J&J 943* Cairo Div 1st g 4s 1939-—-J&J 1033* C W & M Div 1st 4s g 91--J&J 93 St L Div 1st col tr g 4s 90 M&N 98 3* 103 Spr & Col DIv 4s 1st g '40-M&S White W V Div 1st 4s '40—J&J 1013* General 4s gold Gen M 5s ser B 1073* 1193* 96 _ 993* 99H 100 3* 1U0 100 0 2 80 b 2.00 b 1.50 Jj&J* 1073* x 96 Cleveland & Mahoning— Gold 5s 1938 Cleveland & Pittsburgh— 1.50% 1.50% 1.75% 1.25% 103 H 33*s gen gtd 1950—F&A Gen & rer 43*s 1977 ser A.F&A Gen & ref 43*s 1981 ser B—J&J Cleve Short L 4Hs 1961 A&O 1113* 1173* 108 113 107 H 6 *41-M&S 65.F&A Chicago & Alton RR— Refunding g 3s 1949—..A&O Chicago Burlington & Quincy— Gen M 4s 1958 M&S 1st & ref 4 hs ser B 1977—F&A 1st & ref g 5s 1971 ser A..F&A Illinois Div 3 Hs *49 op *29.J&J 4s July 1 1949 J&J Chicago & Eastern 111 «new co)— Gen M 5s May 1951..—M&N / ^ deposit....../ 55 111 3* 1103* 1163* 107 3* 1103* 553* 112 1123* 109" 383* 38 Chicago & Eastern Illinois— 1st consol 6s gold 1934—A&O Chicago & Erie 5a 1st g '82.-M&N 118 Chic Great West 1st 4s 1959.M&S 44 Equip tr 43*s "A" 1945--A&0 3.00% Chicago & Illinois Midland Ry— 94 1st mtge s i 43*s ser A '56 M&S Chicago Indiana & Southern Ry— Con mtge g 4s 1956 guar.-.J&J 1023* Chicago Indianap & Louisville— Ref M g 6s 1947 series A—J&J / 303* Ref M g 5s 1947 series B J&J / 10 Ref M g 4s 1947 series O—J&J 30 1st & gen 5s 1966 series A.M&N 5H 1st & gen 6s May '66 ser B.J&J 173* Monon Coal gu 5s '36 opt. J&D 28 Non-cum income 5s 1955 Chic Indianapolis & St Louis— 283* 4s 1953...-A&O 109 104 933* 1113* 1063* 1013* 2 25% 109 M&N b 62 1.50 623* 1.00% 1103* 1st 3s July 1 1937 Columbus & Toledo— 1st ext g 4s 1955 A&O J&J 99 F&A 112 Concord & Claremont— 1st 5s 1944 —J&J Connecticut & Passumpsic Rivers 87 1st gold 4s 1943 Conn River gold 4s 1943 A&O M&S Connecting Ry • Phila)— 1st M gu 4s Mar 15 '51 -M&S 15 1st 5s 1951 M&S Consol Rys <N H) deb 4s *54-J&J Deb 4s 1955—.1 J&J Deb 4s 1955J Deb 4s 1956 guar A&O J&J Cuban Nor Rys 1st 5Hs, *42 J&D Cuba RR 1st g 5s 1952——J&J 73*s extended to 1946 J&D 6s extended to 1946 113 66 28 F&A / A&O / 283* 93* 603* 4".85 1st & ref gold 4s 1943 M&N Delaware Lackawanna & Western Equip trust 4s Apr 1 1938-'49— b Denver & Rio Grande Western— Gen Income 5s Aug '55 F&A 4.85 5.25 5.25 1st 35 40 Stmpd non-pay Fed inc tax. Gen Ml 5s '87 stpa Inc tax.M&N GenM4 3*s'87 stpd inc taxM&N GenM43*s'87 stpd inc taxM&N 15-year 6Hs Mar 1936.—M&S 1st & ref 5s May 2037 J&D 1st & ref 4Hs May 2037..J&D 1st & ref 4Hs May 2037 O J&D Oonv g 43*s 1949 ser A...M&N 40 41 30 H 43*8 1936 J&J Denver & Salt Lake Ry— Inc mtge 6s Jan 1 I960-An Apr _ M&N con g 1st 4s 1950 J&J Das Moines & Fort Dodge— Ctfs of dep for gtd 4sl935- J&J 110 111 32 31 35" 40 31 31 35"" 483* 483* 52 60 63 91 493* 663* 42 75 2.75% 15 153* 17 3.00% 3.00% 3.00% 263* 273* 283* 293* 81 97 3* 83 63 503 7 57 85 52 52 2-40 2.70 2.00 2.00 117H 105 X 105% Series C 1940 —J&J Florida Central & Peninsula— 1st cons 5s gold 1943 J&J Florida East Coast 4Hs '59-J&D 78 3* 70 1st & ref 5s 1974 M&S Certificates of deposit Eq 43*s '38-'41 H < s-a)—M&S Fla So 1st g gu 4s 1945 J&J 123* 84 100 Florida West Sh 5s 1934 J&J / Fonda Johnstown & Gloversv— 37 Gen ref gold 4s 1950 J&J / 1st cons ref 4Hs '52 opt.-M&N 45 7H Proof of claim filed Amended 1st con 43*s 1982 Nov '32 and May <17 coup). Proof of claim riled- V 4 33* 10 104 H Galveston Houston & Henderson 1st lien & ref M 53*s 1938-A&O 92 Galveston Term 6s 1938-—-M&S Genesee River 6s 1957 J&J Ga & Ala 5s Oct 1945 J&J Gn & Ala Term 1st g 5s 1948-J&D Gu Oaro & N 1st 5s g 1929—J&J Ext at 6% to July 1 1934 99 33 33 / 403* Georgia & Florida RR— 1st M 6s 1946 series A.-.M&N Certificates of deposit Georgia Fla & Ala 1st 6s '52.F&A / 103* 103* Georgia Midland— , 17 . 1st g 3b 1946.. ---.-...A&O Gu RR & Bkgref 6s 1951—A&O 4s Jan 1 1947 J&J Ga Sou & Fla 1st g 5s 1945 Deb 5s 1952 J&J A&O 64 123 104 66 H 57 Eq tr 4 Hs 1937-1939 s-a-M &N b 4.50 Girard Point St'ge 33*s *40-.A&O 103 H Goshen & Deckert'n 1st 5Hs 1978 100 2nd ext 6s 1979 94 —M&N Gouv & Osw 1st 5s g 1942... J&D 1053* Gr R & Ind ext 43*s 1941 108 J* J&J 1st ext 3Hs 1941 102 J&J Grand River Valley 1st 4s 1959 95 J&J 04 933* 983* 953* Superior) 4s 1955 Gen 4s 1962 Can Govt 61 60" 105 85 Eq tr 5s Dec 14 1937-'43 <yr)_. Grays Pt Term g 5s 1947 J&D Great Northern— 1st & ref g 43*s *61 opt Gen M 53*s 1952 ser B Gen M 5sl973 ser C._ 112H 1173* 1123* 1033* J&J Gen mtge 4s ser G 1946 J&J Gen mtge 4s ser H 1946 J&J Gen mtge 33*s ser 1 1967--J&J Eq tr 2s 1938-1947 M&S Eq tr 4Hs 1937-1939 M&S Eq tr 43*s 1937-1940 Diyr) J&J Eq tr 5s 1937-1938 <yr)— M&S Western Fruit Express— Greenbrier Cheat & Elk— 1st 5s 1944--a J&J „WVa Midland Ext 5s '54-J&J Greenbr Ry 1st g gu 4s '40-M&N Green Bay & Western— Debenture ctfa A Feb—... Debenture ctft B Feb-.... Quantanamo & Western— 1st M 6s 1958 series A. J&J Gulf Mobile & Northern— 1st 53*s 1950 ser B—A&O 1st 5s 1950 series C A&O Gulf & Ship Island RR— 1st ref & term g 5s Feb '52. J&J Stmpd iJuly 1 1933 cpn on). Gulf Terminal of Mobile— 1st mtge g 4s 1957 n 4.00 J&J Gen 4Hs 1976 series D J&J Gen 43*8 1977 series E...J&J k Last sale, 993* 95 '41-J&J 173* /This price includes accrued interest 93 gu__J&J Grand Trunk West 4s £ 1950-J&J 1st g gu 4s $ July 1 1950—J&J gu b Basis, 793* 783* Ref & impt M 5s 1975— -A&O Eq 43*8 '38-'41 LL 1 s-a) M&S Eqtr 4Hs 1937-'43 is-a).-M&S Equipment trust 5s Equipmont trust 5Hs Erie & Jersey s f 6s 1955... J&J Erie & Pittsburgh— * Gen gu g 33*s ser B 1940--J&J Guayaquil & Quito 1st 5s *32 J&J2 60 t Called July 1 at 105. J&J Eq 58 J'ne lo'37-'39 «yr) J&D Eq tr 4Hs 1937-1940-J&D 22 Mortgage gold 4s 1995 J&D Mtge 4s stamped 1995...... 46 3* 253* 253* 253* 913* 3.75 Des Plainos Val 4Hs 1947.-M&S Det & Mack pr lien 4s 1995. J&D 4s stamped 1995 40 3* 993* 82H 80 80 J&J 1st 4s Feb 25 '39 Alb gu-M&N lst 4s Feb 15 '42 Alb gu..M&N 116 Eq tr 43*s 1937-'42 «yr)—M&N b 4.00 4.00 Equipment trust 5s.... 4.00 Equipment trust 53*s Denver & Rio Grande—v 1st con g 4s 1936 ..—J&J 1073* 105 • (Lake 76 41 "1 Imp & equip 5s 1960 M&N Danbury & Norrw ref 4s 1955. J&J / 70 Del & Bound Br 33*s 1955—F&A 103 553* 108 106 106 (Mountain and Prairie)4s 1955 1033* -J&D Assented subject to plan Ref & impt 58 1978 ser B-.A&O 102 110H El Paso & R I 1st gu 5s 1951-J&J El Paso & Southwestern RR— 1st & ref 5s 1965.— A&O 5s stamped 1965 Erie— v.-' * Grand Trunk Pacific— 1st M 3s 1962 Delaware & Hudson— 1103* f 30 1073* Chicago Milwaukee & St Paul— Gen g 4s A May 1 1989 J&J Gen g 3H« B May 1 1989.J&J Gen 4Hs May '89 series O.J&J Gen 4Hs May '89 ser E J&J / Gen M 4 3*« May '89 Ser F.J&J Eq 4Hs '87-'43 E & F «yr).J&J b Eq 4Hs '37-'41 G & H iyr) J&J Eq tr 5s '37-*40 ser B «yr).F&A Eq tr 534s 1938 A&O Chicago & North Western Gen M 33*s g 1987 M&N Called July 1 at 103. 293* 112 1053* 18 102 Chic Milw St Paul & Pac RR— . 18 1980—M&N Ext gold 4s 1948 Col Newberry & Laurens— 34 35 111 106 Col & Pt Deposit 4s 1940—F&A Columbus & Hocking Valley— 1033* Chicago Lake Shore & Eastern— Gen M gold 4s 1987 32 102 1st M 4Hs 1969 opt 1919-J&D Chic Memp & Gulf 5s 1940--J&J Chic Milw & Gary 1st 5a '48. A&O Oonv adi 5s Jan 2000 1033* 1023* Chic June RR 1st 4s 1945—M&S Chic June Ry & Un Stk \ds— Coll tr ref 5s 1940 A&O Coll trust ref 4s 1940 A&O 50-yr 5s 1975 series A 95 1103* Colorado & Southern— Eq tr 53*s 1937 113 105 - 923* 1013* Clinchfleld RR— ■ J Equip tr 2 3*s ser A 38-'52M&S b 3.25 Coal Riv Ry 1st 4s gu 1945.J&D 1073* General mtge 43*s Y77% Georgia— Consol 1st g 5s 1956M&N Eastern Ry of Minnesota' Nor Div 1st g 4s 1948 A&O Edmonton Dun vegan & British Columbia Ry 43*s 1944--A&O Elgin Jol & East 5s 1941—M&N Elmira & Williams port— 1st 6s 1910 ext at 4% 1950-J&J Income 5s 2862 A&O Fort Dodge Des Moines & Sou— 1st 5s 1938 J&D Fort St Un Dep Det 43*s '41 J&J 101 101 1103* Cleveland Union Terminals—. 1st s f 53*s 1972 series A A&O 1st M s f 5s 1973 series B—A&O 1st s f 4 3*s 1977 series O—A&O 112 East Tenn & Western N C— 1st extended 5s 1965 M&N East Tenn Va & • 1043* Cleveland Terminal & Valle 1st 4s gold guar 1995 10 _ 37 36 1093* 103 3* 104 H . 109 H 1033* 105»32 943* 1043* 943* 993* 1093* Ser D 1945—F&A Potts Creek 4s 1946-. J&J R & A DIv 1st con g 4s *89. J&J 2d con g 4s 1989 J&J 101 118 1013* 1942—J&J 1.00% 1.00% 32 Dutchess Co RR 43*s 1940--J&D / 99 East Penn \lst 4s 1958 106 M&S Certificates of deposit-- J&J Ser B 43*s gen gtd 1942.-A&O Ser B 33*s gen gtd 1942—A&O Ser O 33*s gen gtd 1948.-M&N Ser A 43*s gen gtd 75 101"<» Conv gold 4s 1953 ser A—A&O Series B 1953 A&O Series D 1953 A&O Ref & imp M 5s 1967 M&N 993* 1043* 108 Duluth South Shore & Atlantic— 1st gold 5s 1937 J&J Prior lien gold 4s 1996 Gen lien gold 4s, 1996 1083* r-HrH oo M&N 1st M 33*s ser D 1971 Clearfield & Mahoning— 1053* A&O 69 Cin N O & Tex Pac Ry— Eq tr 5s 111H Detroit Toledo & Ironton 1st 5s Mar 1 1964 J&J Detroit & Toledo Shore Line— 1st gold guar 4s 1953..*..-J&J Dexter & Piscataquis— 1st 43*s 1949— J&J Duluth & Iron Range— 35 ■ 108 88** 913* 773* M COO 0000 150% 983* 1.25 106 * 95 1033* Chicago & Western todiana— Consol gold guar 4s 1952--J&J 1033* 1st & ref M 43*s P 1962—M&S 1013* Choc & Memph 5s 1949.--—J&J / 66H Choctaw Oklahoma & Gulf-Consol gold 5s 1952- — —M&N / 33 Cincinnati Hamilton & DaytonGeneral 5s gold 1942.-—-J&D ' Cin Ind & West 1st 5s 1965.M&N X Cincinnati Lebanon & Nortbern— 1st consol gtd 4s 1942——M&N 104 Cine & Musk Val 4s 1948—F&A 106 91 M&S 5 2.50 b 2.65 Eq tr 23*s 1937-1946 J&D Eq tr 3s, 1937-1950 A&O Eq tr 4Mb '37-'40 (yr)-_-A&0 r).——M&S 15 Linelst 943* 107 100 Equip tr 2s 1938-1947 Short 913* 1083* 100 Certificates of O078 1053* 983* ...-J&J Warm Spr Val 1st 5s g Chesterf & Lancaster 5s C«L2 f J 1st & ref g 5s Dec 1'60 opt J&D Inc mtge 5s Dec 1 1960—M&S Chicago Union Station— ;; 90 3 3*s 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 ......J&J notes, 1945 Paint Creek Br 4s 87 1093* Chic Tene Haute & South east— 105 Ref & .rapt 1946 87 83 Bid Detroit Term & Tunnel— 1st guar 43is 1961--—.—M&N 1st 5s 1937 123* 87 87 , e 5s 1939 notes. 20 18 83 83 1951----J&D Chicago Term 1st jet 4s *41-M&N 643* 673* 11§3* „ 183* .— 18 4.00 107 3* _, rr iH* M&N J& D fU .... -- 22 - 27.. M&N cons g U13* 66 J&J / Eq tr 43*s '37-*45 «s-a)— J&D Eq tr 33*s 1937-1947J&J Chicago St Louis & NO- ' Con g 5s June 15 '51---J&D 15 Con g 3Hs June 15 51-J&D 15 80 General 4Hs gold 1992—M&S Ref & imtp 3 Hs D 1996-M&N 1st 77 104 25 4.00 3.00% 34 Eq4Hsl937-'42p(yr) —J&J 20 M&N - 2 25 253* Central Vermont Ry— Eq tr 58 Dec 14 1937-'44 «yr)-_ b Char & W Carolina 5s 1946-- A&O , Ohatt Rome & Sou 1st 5s *47 J&J / deposit.—. 30-yr conv 43*s I960 Eq tr 5s 1937-3 8 (s-a) 2.25% 27 3* 107 3* Bonds 2.00% 31 20 16H Mem Div 1st 4s 2.50 Ask Sec 4Hs 1952 ser A.-----M&S Sec 43* ser A certif of dep.-- — 103 15"" Guar g 5s 1960 F&A European loan 4s 46 --.-M&S Central RR & Banking of Ga— gu. Certificates of 31 Central Pacific— 1st ref 4s g guar 1949 F&A 1st g guar 4s Oct 11954—A&O Chattanooga Sta 4s 1957 Chesapeake & Ohio— 1093* 1033* 4.00 Central of New Jersey— Gen M mow 1st) g 5s 1987-J&J Gen M 4s 1987 J&J Eq tr 4Hs 1937-41 (yr)..F&A trg 5s 1937 General gold 4s 1988---—J&J / Certificates of deposit— — / Ref g 4s 1934 opt to 1911—A&O / 4.00 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 Bid; and defaulted bonds preceding the date of issue month Chic R I & Pac Ry— 853* 109 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 3*s 1959 ser B. A&O / Ref & gen 5s 1959 ser O—A&O Coll 743* 1033* 1103* Bonds Chicago & North Western Cont. Eq 5s 1937-'38 O <yr)—---J&D b 3.25 Eq 43*s '37- 42«yr)ser A.M&N b 4.00 94 104 107 103 103 69 ew^pt where marked "f" and Income possible for the closing day of the as Ask Canadian N W 4Hs Oct 221943— Canadian Pacific— near Nominal. J&J 103 123 1093* 93 H 3:00 2.00 2.10 1.50 2.10 2.10 101 99 1043* 60 113* 52 10 98 973* 913* 913* 91H "! Vvj :'ii-};y.K,.: < ■ / =.-T '• RAILROAD BONDS 70 NOTICE—All bond prices are "and interest" except ■■■>:■ marked "f" and income and defaulted bonds where Quotations for all securities are as near as possible for the ' closing day of the month preceding the date of issue ;■ Bid Bonds Harl R & Portch—See N Y N RR J&J Ask H & Ha rtford. Harris Ports Mt Joy & Lane Ext 1943 4s - M&N Hoboken Perry 6s 1946 93" _ , ■ . 100% ; 107 81" 100% i 28% 75% 110H 112 101 99% 100% 101 89 86 93 80% 81 98 M 99 85% 81M 83 SL& N O) 5s 1963 ser A J&D Series O 4%s 1963 J&D n* 73 40-year 4%s Aug 1 1966.F&A 2.25 Eq tr 4%s 1937-1939 K—F&A 2.50 Eq tr 4%s 1937-1940 L-A&O 2.50 Eqtr 4%s '37-'41 M (s-a).M&N 2.50 Eq tr 4%s 1937-41 Ser N.A&O >0.75to Eq tr 3s ser R 1937-1952-M&S 103 M Carlo Bridge 4s g 1950—J&D Litch Div 1st g 3s 1951—J&J 81* 95 90 85% : _ „ —-M&S J&D 74 1.50 2.00 2.00% 2.00% 3.45% 106% 93 M 100 1st M gold 5s 1935 A&O Louisville Henderson & St Louis— 1st mtge gold 5s 1946 J&J Louisville & Jeffersonville Bridge South East & St Louis Div-- Indianapolis & Louisville— 1st guar 4s 1956 —-J&J / 30 Indianapolis Union— 103% Gen & ref 5s 1965 ser B_—J&J 99M Ref & imp M 3 Ms ser B *86 M&S Internat-Great North Ry— 1st M g 6s 1952 series A—J&J / 34M Adj M 6s July 1952 ser A_April 1st M 5s 1956 series B J&J 1st M 5s 1956 ser O -J&J Eq tr 4Mb 1938-42 (yr)—A&O Internat Rys (Central America)— 1st M 5s 1972 opt M&N 1st 1 & ref 6Ms 1947 F&A 103 Interstate Transf Ry 5s 1945-J&J Iowa Cent 1st g 5s 1938 J&D 17 Certificates of deposit--—7M 1st & ref g 4s 1951 M&S Jacksonville & Gainesville & Gulf Ry 1st 5s 1951A&O / 10 Jackson Lansing & Saginaw— 92 1st 3 Ms Sept 1 1951 35 „ | IP I ii 11% 103% 101M 87 99 19; 7% Jacksonville Terminal— 1st 5s July 1 1939 Ref & ext 5s series A1967—J&J Ref & ext 5s series B 1967—J&J 105M 6s July 1 1967 Jamestown Frank & Clearfield— 107M 105 105 94% g 97 100 104 M 105 102 Kal & Sou Haven—See Mich Cent RR 104 1st gold 5s 1940 J&J Kanawha Br & Ter 5s 1948-A&0 Kana & Mich 1st 4s 1990--A&O Kanawha & W Va 5s 1955—J&J 105 100 Montour RR b 98% 92% 1.00% 1.25% 113 111% 106% „ 87% 109% 89% 110% 97 98! . 102 J&J v _ ser—J&J 3.25% 93 Minn St P & 76 105% 100 107 24% 62% 91% 15 int at rate 4.8665— Plain 1961— —J&J 1st mtge 4Mb ungar 1961 Lake Erie & West 1st ext 4s 1947lst extended 3s 1946------J&J 2d 5s 1941 —J&J Stmpd accr RR cons 4s 37% - Lake Shore & Mich 6 4 5% 96" 102 100 97 M 100 M 101 -F&A 98 1st mtge 5s 1954 22" 85% 19% . 4.00 3.00% Missouri-Kansas-Texas 2.00 1.25% 4 Ms Mar 15 ,37-,39—M&S 4 Ms 1937-1945 —M&N 2.00 1.25% 2.00% 2.25% 100 3-year 6s Oct 1 1938— Ref 5 Ms 1974 ser A— A&O 86% Ref 4 Ms 1978 ser C M&S 103% 10-yr coll tr 4s 1946 F&A 3 10 Equip tr 4Mb 1937-44 (yr)F&A b b 3.10 Equip tr 5s 1937-'38 (yr)—F&A b 3.10 Equip trust 3s July 1 '37-'51 New York Connecting RR— 109 1st M 4%s 1953 series A—F&A 108 Si 1st guar 5s 1953 series B F&A New York & Erie RR— 108% 1st 4s ext g 1947--—M&N 106 2d ext 5s 1939 M&S 101 3d mtge 4 Ms 1938 M&S 98 96 company Jan 1965 A 1 1st & ref 5s 112 102% 103 M Certificates of 101% 105 123 106% 125 / / 1/ deposit 1978 ser G—M&N Certificates of deposit-—-— 1st & ref 5s 1980 ser H—.A&O 1st & ref 5s Certificates of deposit ; Con M 4Mb ann irred J&D Gen cons gold 4s 2003—-M&N 58 M 59% 1st & ref 5s 1981 ser I—-—F&A Certificates of deposit Gen 64 65 Conv g 5Ms 104 2003—M&N Gen con gold 5s 2003.—M&N Lehigh Valley Ry of New York 1st 4Ms gold 1940 —J&J 101% 102% Lehigh Vail Term 5s 1941—A&O 107 Lehigh & N Y 1st 4s 1945—M&S 75% General gold 48 1941 General 1st 5s 1941 66 * Called July 1 at 103. 71M 72% 1949 ser-A—-M&N Secured 5%s 1937-1956---J&D Equip trust 5s 1938 40(yr)M&S t Called June 30 at 102., Eqtr 4Mb ft Basis. —M&S M&S NY & NE Bos Ter 4s 1939—A&O 68 3.50 72% 68% 2.50% -38-'44 F (yr)-M&N 99 97% 105 75 97% 104% 87% Deb 4s July 1 *55 non-conv J&J Deb 4s 1956 non-conv M&N 40 36% 40% 36% Deb 6s Jan 15 '48 conv—J&J15 Deb , 4s 1957r non-conv M&S March 1947 M&S 1954 non-conv—A&O 1947 Deb 3 s Deb 3 s 39 1956 conv J&J 15-year secured 6s 1940 A&O 1st & ref 4Mb 1967 J&D Equip tr 4 Ms Sept 15 1937 to Deb 3%s ■ 36% 39" 40 41 36% 15% 19% 39 • 15% 375 20% 2.25% 2.50% 46 36 39 41 41 27 36 35% 35 35% 37% : 39% . ! 37 40 60 60% 42% 44 Mar 15 1945 (s.-a.)-M&S15 39" 40 99 44% 25% 3.90 Equipt tr 4%s *37-'46 (yr)_J&J Equipment trust 5s......J—. 40 3.25 M&N 39 41 -• 36% 106% 109 N Y New Haven & Hartford 390 3.10% 3.10% Har Riv & Pt Ches 4s '54 M&N 90% go.d 4Mb 108 95 108% 86 con 2.25% 71 s ay 86% J 87 104 2.00% 2 00% 100 '46—-J&D Deb 4s May 1 1st gold 4s 1990— Mo Pacific RR (new M&N 2000—M&N 1st & ref 4s ser A 1973—M&N 108% 101 98 100% 98% 1st & ref 4 Ms 1973 ser B—M&N New York & Long Branch- 65 / 102 101%, N Y Lack & Western 75% b 2.50 3.00 N Y Chicago & St Louis— 1st gold 4s 1937 —A&O 56" 53 RR— 98% 105% 99 -J&D Guar g 5s 1946 NY&Har 1st 100 109% 107% 96 105% 87% 91% 89 N Y & Greenwood Lake 86 1951/ Lehigh Valley— 1st 6s ext gold 4s 1948——J&D Con M 6s ann Irred——J&D UH . 70 102 3 Ms '50. South— g 23% 87 98% ref 3 Ms 1997 J&D Leamington & St Clair 4s *45 A&O Lehigh & Lake Erie 4Mb *57-M&S Lehigh & New England— 1st M gold 5s 1945-J&J Gen mtge 4s ser A 1965 A&O Lehigh Valley Harbor Term Ry— Cong N Y Cent equip trusts— 5s 1937-1939-- 63 '/ 1% Si 97 104 95 t 104 96% 87% 96% 101% 108% 2%s Mar 15 1938-1952 6 50% 110 3 Ms 1998-— F&A Spuyten Duyvil & Pt Morris— 3 %s 1959 -J&D N Y & Hob Fy Acer int at exch rate 4.8665— 4 Minn Terminal 1st 53 3.00% Ref g 3 %s July 1 1997—J&J Deb 4s 1942 tax-exempt—J&J 109% 103 M 110 A&O Ref & impt 5s 2013 C 10-year 3%s sec s f 1946—A&O 3 %s conv secured 1952—M&N New York Central & Hud Riv— 70 65 95% 101) 1083 M&N 10-yr conv 6s 1944 Cons mtge 4s 1998 ser A—F&A Ref & impt 4Mb 2013 A—A&O 14% Kansas Oklahoma & Gulf— 1st M 5s 1978 J&J Kentucky Cent 4s g 1987 J&J Kentucky & Indiana Term RR 1st M 4Mb 1961 (sterling)-J&J 48 New York Central RR— 58 17 8* it* I 3~75~ F&A / D—F&A / Eq tr 4s '37-'J 108% 54% 43 —— 5s 93 49 A--A&O A&O Equip trust 4 Ms Newport & Cincinnati Bridge— 1st M g 4Mb 1945 guar .T&J Newport & Richfor Is 5s 1941 __ 106 84- notes 77 91% M O coll tr g 89 Secured 103 75 52 1st 58 1956 series O 1st M 4%s 1956series "4% 2AV2 1.25% 2.00% M&N Extended at 5% 1940 1st M 5 Ms 1954 series A—A&O Certificates of deposit 17 2.00 91 Ref & impt 4%s 52 ser A„J&J New Orl Term 1st 4s 1953--J&J New Orleans Texas & Mexico— Non-cum inc 5s '35 ser 45 3.00 50 104 40 95 Ref & Impt 5s Apr 1 1950—J&J Eqtr 5Ms 1937-38 (year)_M&S Eq tr 3s F Jan 1 1938-43 Kansas City Terminal Ry— 1st g 4s 1960 opt 1930 J&J 75" 103 88 83% 96 50 45 100% 39 85 36% 50 86 M 69 J&J 2032 90 85 Kan City Sou—1st g 3s 1950 88* 93 $ 66 66 70 1983—-—J&J 5s / 6s '41--M& Sault Ste Marie— 5% 3% 72 46 83" A&O M&S Sept 1 deb Income 38 60 51 Income 5s Mar 1934 / / / / ioi% 3% 1st 5s 1954 series B Certificates of deposit 92 Certificates of deposit K C Mem & Bir 4s 1934 f Ref &ref4%sser A 2013—A&O L S coll tr g 3%s 1998——F&A 57% 1.00% 2.25% 100% J&J / / -.^inn Northf & Sou 54 ' 92 1.50 New Orleans Great Northern— 50-year 1st 5s §H Certificates of deposit 97% 87% 3.10 1938 New Lon Nor 1st 4s 1940 „ / 91 90% 96% 87 New Orl & Nor East 6s 1915 23% 20% ...A&O 45 J&J / / 4s 1951 A&O Naugatuck 1st 4s 1954 M&N New Eng cons 4s 1945 gu J&J Consol g 5s July 1 1945—J&J N Hav & No Ham 4s 1956 guJ&D N J June 1st 4s gu 1986 F&A N J & N Y 1st ext 5s 1950—M&S 76 1st con gold 4s 1977 M&S 2M Sept 1914 coupon on 1977-M&S / Sept 1914 coupon off 1977 M&S Asst (cash warr & coup) Michigan Central— 105 Ref & impt 4 Ms 1979 ser O. J&J 104% 1st 5s Kal & SH 1939——M&N i04% 1st Mtge M Air L 4s 1940--J&J 97 1st g 4s Jol & N Ind 1957-J&J10 105% 1st gold 3Ms 1952----—M&N 85 Middlesex Val 1st 5s 1942—M&N Midi RR 4% franc bonds (Foreign series) 1960 -J&D / 23 Midland of N J 1st 6s 1910 55 ext at 5% to 1940 —A&O 89% Midland Valley—5s 1943—A&O / 67 Adj M Apr 1 *53 ser A Sept / Adj 5s series B 1953 SeptMilwaukee & Northern— 1st ext 4%s 1939.——— Con ext 4 Ms 1939 Cons 6s 1913 ext at 4%% to 104% 102 104 92 105 A&O 4s 1977 1st cons gold General 5s Jan 1 93% 100% 100*32 National Rys of Mexico— Prior lien g 4Ms s f 1957—J&J 97 2.50% 124 F&A gold 5s 1937 1st guar 108 114 1st M 4s 1978 ser A F&A Eq tr 4 Ms 1937(yr) A&O Eq tr 2%s 1938-1952——M&S Nashville Florence & Sheffield— 90 Meridian Term 4s '55 guar.M&N , 81 98 2.o0 1959—M&N 5s Nov 1 104% 95 b Equipment trust 5s 53.25 Equipment trust 5%s 84% Manila RR Sou Lines 4s '39-M&N i 4s 1939 ext to 1959 70 Philippine Govt gu M&N Manitowoc Green Bay & Western 1st gtd 3 Ms 1941 -J&J f 72" Maryland & Pa 1st g 4s '51-M&S 68 1st cons A 6s 1963 A&O Memphis Union Station Co— 117 Mexican International— 106% Constr'n 4%s 1955 ser B_M&N Nashville Chattanooga & St L— Gen mtge 87 103% 78% ; 89% 73 1963—-F&A 1st 5s Nat RR of Mex p 1 g 4%s '26 85% J&J 100 45 88% Morris & Essex 3 Ms 2000—J&D Constr'n 5s 1955^ser A—M&N 105 4s'52 gu J&D Savannah—_ 1 1st mtge & coll 4s ser A '45 J&D Conv gen 4Mb ser A 1960-J&D Secured 6s 1959 1st ser--J&J 101M 105 ' 105 b 100 44% Montgomery & Erie 1st 5s 1956— 98% (1884) —J&D Mil Sparta & NW 1st 4s 1947M&S M11&State Line 1st 3%s 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 . Memphis— 104 1934 Joplin Union Depot Co— 1st g 4Ms 1940 guar opt.M&N J&D1 1st 5s June 1 1944 Kalamazoo Allegheny & Grand Rapids gtd 5s '38--J&J 109 L & N Term 1st g 1st g gu 35% 12% 35% 35% 2.75% 106% 108% J&J Secured 6s 1951 2nd 104 106% 92 1.50 1.75 100 97 _ 116 Ry joint Monon coll gold 4s. 1952 97 97 _ 108% 2d mtge 3s 1980 M&S Mob & Mont 4Mb 1945—M&S Southern , 106% Atl K & Gin Div 4s 1955-M&N Pad & Mem Div 1st 4s '46.F&A Maine Central— 107 102 J&D 32 Eq 4Mb 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 Mohawk & Malone-— ' 1st guar g 4s 1991 M&S Consol gold 3 Ms 2002—M&S Monon Coal—See Chic Ind & Lou Monongahela Ry Co— ■ 24 32 31% M&S 113 21 1st & ref 4Mb 2003 ser O—A&O 1st & ref 4s ser D 2003—A&O Eq tr 4Mb 1937 (year) Equipment trust 5s 93% §78" 84% M&S M&S Gen gold 4s, 1938 Ref & impt 4 Ms 1977 Secured 5s 1938 1st mtge 4s ser A 1960—M&N Monongahela Sou 5s 1955—A&O Gen 6s 1955 A&O Mont Cent 1st g 6s 1937 J&J 1st guargold 5s 1937 J&J Montana Wyoming & Southern— 1st mtge gold 5s 1939 M&S Montauk Ext 1st 5s 1945 J&J / A&O 2003--A&O 85" 93 J&J Unified gold 4s 1940 1st & ref 5s 2003 ser B 1st 5s 1947 Macon Terminal 5s 1965 98% 83% Guaranteed gold 4s 1945—M&S Louisville & Nashville— Macon Dublin & 112 4s 1959 guar-J&D Joliet & Northern Inci 4s 1957 J&J 3.00 Los Ang-Pac Co ref 4s 1950—J&J Louisiana & Ark 5s A 1969---J&J Louisiana & North Western— 101 Genl mtge 4s 1957 —J&J Gen mtge 4 Ms 1957——J&J Indiana Illinois & Iowa— 1st gold 4s 1950 ——J&J 2.2 b b 96 94% 103% 102% 103% 1.50% 2.25% 102% t 99 97 Indiana Bloomington & Western— 1st ext 4s 1940 A&O Indiana Harbor Belt RR— lu2% 101% 93 74 J&J J&J Mobile & Ohio— .103 Refunding mtge 4s 1949—M&S 4s stamped 1949 M&S 6 Equip tr 5s 1938-39 (yr)—A&O 91 1951—F&A St Louis Div 3%s g 1951—J&J St Louis Div 3s g 1951—J&J Sp'field Div ext 3 Ms 1951 J&J Western lines g 4s 1951--F&A Kan City Ft Scott & Ref g 4s 1936 guar i Unified g 4s. 1949 Gen mtge gold 4s 1938 18%; 96% M&N — Prior lien 5s, 1945—— Gen M g 4s 1945 29 105 J&J / 25 101% 3%s 1950—A&O 84 1953—-J&J Kalamazoo & White Pigeon Long Dock cons Long Island— Ask 18% Mobile & Birmingham— 1st gold 4s 1939 guar 1st & ref 3 %s ser E 83 % :.f 4%-- 108 Little Miami guar 4s 1962 M&N Little Rock & Hot Spr West Ry-; 71 % Jt lstref M (10 & O ► 1st Litchf & Madis 1st 5s *mmm 27 M 72% Ref g 4s 1955 opt 1918-M&N Pur liens 1st g 3%s 1952--J&J _ 1.20% 1.25% 70 1st gold 5s 1957 opt———F&A Adj inc up to 5% Feb 57-A&O 1st M 4%s 1957 conv F&A Illinois Central-— ;;:;r lst gold 4s 1951 J&J 1st gold 3%s 1951 —.J&J Ext 3-yr deb 6s 1937 J&D Main L ext 1st g 3%s "51-A&O 1st g 3s sterling 1951 M&S Coll trust gold 4s 1952—A&O Col tr L N O & T g 4s '53.M&N Ref mtge 5s 1955 M&N Loulsv Div 3%s g Omaha Div 1st 3s g 1959-M&N 100 Bid Bonds Mo Pac (old)—Gen 4s 1975-M&S t 3d 7s ext to July 1938 at 102 ' J&J 1st lien g 5s 1937 Hudson & Manhattan— 119 i 124 f 117 , J&J 5s 1939 Hocking Valley Ry—■ 116% •■•1st cons gold 4%s 1999—J&J b 1.75 Eq tr 6s 1938(ann)———A&O b 2.00 Eq tr 5s 1937-1939 (yr).—J&J HolidayBburg Bedford & Cuinb 106 1st M g 4s 1951 guar—---J&J Holyoke& West 4%s 1951--A&O / 40 / 70% Housatonic con 5s 1937----M&N 100% Houston Belt & Term 5s '37-J&J Houston & Texas Central— Lex & East'n 1st gu 5s 1965—A&O Lincoln Park & Charlotte— _ 109 90 Ask Bid Bonds N Y & N J Ferry 5s 1946 / Price Includes accrued interest. Jt Last sale n Nominal. J&J 3.50 92 79 2.10% 93% June, 1937] railroad bonds NOTICE—All bond price* ■ Bonds Bid New York Ontario & Western Ref 1st g 4s June 1992 M&S v; 16 108% 104 Piedmont & Northern— 1st mtge 3Ms 1966___—J&O Pitts Bessemer & Lake Erie— 104% 101 Cons gold F&A guar—J&J Nord Ry s f 6%s 1950 A&O Norfolk & Car 1st 5s 1939 A&O 2nd 5s 1946 J&J Norfolk Southern— • i 4mb series I 1963——.—F&A 4 Ms series J 1964 —M&N Gen M 5s 1970 ser A J&D 28% 31 1st 14M 28% 80 Gold 4s Feb 1 1952 F&A / 6% receivers' ctfs 1927—F&A / Northern Central— 125 120 83 Old 105% 74 97% 111% 103 103 1.40% 2.90 98 M Colony RR 4s 1938 22 21% 23% 95 50 60 50 ' 55" 50 50 55 110m 116m 117 119" &~ref 8 4s *61 opt-.J&J Pacific Coast Terminals Ltd— 106 IstM s f 6%s 1948 ...F&A / Pac Fruit Express—See Sou Pac— Pac of Mo 1st ex g 4s 1938--F&A 2d ext 5s gold 1938—.... J&J Cardelet Br 1st 4mb 1938.A&O St Louis City real est 5s '38 J&J Paducah & 111 1st 4 Ms 1955.J&J 100 99m 33 81 89 m 102 105 % 104 Gu tr ctfs g 3 Ms 1942 J&D Gu tr ctfs g 3Ms 1944 J&D Pa & N Y Canal con 5s 1939 A&O v 95" 102 M 108 105 103 100 % 105% A&O 1st & ref 4mb 1977 ser A..A&O Con M 4s gold 1943 M&N 102M 101% 104% 105% 109 m 107% 113 112m J&J J&J St Lawr & Adirond 5s 1996--J&J 2d gold 6s 1996 A&O St Louis City see Pac of Mo St Louis Iron Mt & Sou— f Prior lien 5s 1950 series B.J&J Certificates of deposit Cons in 4Ms 1978ser A...M&S Certificates of deposit stpd_. Phila Bait & Washington— 1st gold 4s 1943 M&N 110m Gen 4s April 1 1960—...A&O 106 Gen 5s 1974 series B .F&A 121M Gen M 4Ms 1977 ser O— J&J *113% Gen 4mb series D 1981 ..J&D1 110% 6 Basis. 125 M&S Eq 4%s 1938- 41 BB (yr)_F&A 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 (s-a) M&S Equipment trust 5s. . 1937-1945. J&J Mortgage 4s Dec 1 - J&D 1996.-J&D 8t Paul East Gr Tr 4 Ms '47 J&J St Paul & Kansas City Short Line 1st guar 4 Ms 1941 —F&A f St Paul Minn & Manitoba— 86 4 "2m l8£ 48 £ 1940—.J&J Sullivan Co RR 6s 1944 38 Sunbury Hazleton 72% 39 20 m 21M accrued interest, 105 105% 106 M 108% 78% 78% 97% ioo% 97 m 101% 2.00 2.25 2.25 1-?i% 74 102% 102% 99 m 94 m 98% 94 91m 20 H 24 23 25 94 78 76m 109% 99 m 107% A&O 15 57 Tavares & Gulf 5s A 1935-— M&S Term RR Assn (St Louis)— 1st gold 4 Ms 1939 A&O 1st consol gold 5s 1944-—F&A Gen ref s f g 4s 53 opt *10 -J&J Terre Haute & Peor 5s 1942-M&S 101 97 99 86 88% 68% 100 65 54 50% 38 2.50 2 50 3 50 39% 1.50% 1.50% 2.50% 29% 21M 20 2L.;; Eq tr 5s 1937-1939....—M&N Eq tr 4%s 1938-42 (yr)_..A&O Eq tr 4%s 1938-43 (yr)—F&A Equipment trust 4s Tox Pac-Mo Pac Term RR1st M g"5 Ms 1964--——M&S •Toledo Canada Southern & Det— 1st 4s 1956 J&j Toledo & Ohio Central— Ref & imp M 3 %s ser 103% 118M 1st mtge 4s ser B 1967 J&J Toledo St Louis & Western— 1st gold 4s April 1 1950._-A&O _ gu.„M&N Walhouding Valley & Ohio— 1st g gu 4s 1942 ser O M&S Toronto Hamilton & Buffalo— 1st gold 48 June 1 1946 J&D Consol M 4 Ms 1966 ser A. F&A 120 RR 1st 5s 1956.J&J Tulsa Un Dep 100 n A '60 J&D St Maryrs Div 1st 4s 1951 F&A Toledo Peoria & Western RR— Transylvania 102% 103% 106% k Last sale, J&D Gen & ref 5s 1977 ser B—A&O Gen & ref 5s 1979 ser C.-A&O Gen & ref 5s 1980 ser D___ J&D Tol 106 103 55"" 45 14 106% 115% 107% 108 108% 110 111 105% • 105% 106 86 108 Ry— 1st gold 5s 2000. To] Term 1st 4%s '57 107 60 95 & Ft Smith— 1st M 5%s 1950 guar F&A Texas City Term 6s 1941-J&J '26 Texas & N O con 5s 1943 J&J Texas & Pacific 29 22 M 26*" 109 ..A&O Tampa North 1st 5s *36 opt.J&J Tampa Union Sta 5s 1940.-M&N Tampa Un Term 4-6 Ms '53.-J&J 25% 22% 99 98 24% 103 25 26% 24 h 24% ' 24 71 23 110 26% 26 M 24 % / A&O • 78% 78% 40% 29m i7 & W-B— Berwick RR 5s 1952 Tampa & Gulf Coast— :1st g 5s 1953...—. lb3m Texarkana C— 91 1st M inc 6s 1938 coup.M&N Susquehanna Bloomsburg & 112" /This price includes 101 101'®32 Col 4s 1995.J&J M guar g 5s 1940 J&J Sturgis Goshen & St Louis Ry— -1st 3s Dec 1 1989——....J&D Suffolk & Oar con 5s 1952—J&J 4 2 5s ext fr July 1 33 to July 1 '43. u012*32 Montana ext 1st 4s 1937—J&D St Paul Union Depot— 1st & ref 58 1972—...J&J Salt Lake City Union Depot and RR 1st 5s 1938 M&N 1.50 100 5se?93a§9 fsSj——M&S 1st Ry— Certificates of deposit ^>qui,p.t,U4 1.50 2.25 105 J&J Prior lien 4s 1950 series A. J&J o. 2.25 2.25 Stark Elec RR 1st 7s 1952—J&D Staten Isld Ry 4 Ms 1943 J&D Stephenville Nor & Sou Texas— 75 St Paul & Duluth— 1st consol g 4s 1968 2.25 99% 1.25% 1.50% 1.50% 106m 28% 70 m , 89 Y4. 99% 2.10 - Spartanburg Un 36 A837 ,(?««■) 95 89 89 M&N ' 88 Spokane Falls & Nor 6s 1939.J&J Spok Internat 1st g 5s 1955-J&J Riv & Gulf Divs 4s 1933-M&N Certificates of deposit— !§* / / 1st gold 4s 1947 Sq v 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 Mobile & O coll tr 4s '38.M&S 111" 104 A&O / Louisiana— —M&S / Ry— 1st M 4mb 1957 —J&J Rut I Can 1st g gu 4s 1949——J&J Rutland con 4%s 1941 J&J St L Peo & N W 5s 1948 St Louis-San Francisco 89 88 95% M&S Eq tr4%s Oct '37-39 (s-a)A&0 110 95% 89; S Eq tr 1.25% 77 93% ' 63 104 1st guar 4Ms 1934 Rock Island-Frisco Term 112% stamped dollar .M&N 111M 112% Con M 4 Ms gold 1960 F&A 118 m 125 Gen g 4 Ms 1965 J&D 110M 110% Gen g 5s Dec 1 1968 J&D 116m 117m Gen M 4 Ms 1981 ser D...A&0 106 m 106 % Gen M 4Ms ser E 1984 J&J 106 m 106m Deb 4Mb 1970 A&O 102 101% Gen M 3 Ms ser C 1970 A&O 98 98 m Conv deb 3 Ms 1952 A&O 109 m 109 m 30-yr secured 4s 1938-1964.J&J 3.50 2.25 Eq tr 5s 1938 (yr) 1.50 M&S 1.00.. Gen equip 5s 1937-39 1.75 (yr).A&0 1.25% Eq tr 4Ms 1937-39 (yr)._A&0 1.75 1.25% Eq tr 4s series E 1938-1949-J&J 3.00 2.25% Eq tr 2Ms ser H '38-52._M&N 3.00 2.00% Peor & East cons 4s 1940--A&O 92 2dconsinc 4s 1990 —Apr 1 16m Peoria & Pekln Union Ry— 1st g 5Ms 1974 series A F&A Ill 108m Peoria Ry Ter 4s '37 gu op...J&J / 72 r 74 Pere Marquette Ry— 1st g 5s July 1956 ser A—J&J 101M 102% 1st g 4s July 1956 ser B..J&J 93 M 94 1st 4mb 1980 ser C M&S 94 94m Equipment trust 4 Ms 3.00 2.25% Equip trust 2 Ms 1937-46—J&J 3.00 2.25% Perkiomen 1st 5s, 1938 102 Q-J 2d os, 1938——.Q-J 102 Phila & Bait Cent 4s 1951—M&N 105 m 106m f Called July 1 at 101M 95% 106% 106% 2.25% 87 76 M&N 106 - Pennsylvania RR— Con M 4s gold 1948 M&N Con M 4s gold 1948 sterling J&J Co— 109 m A&O J&J 36 Stamped (Fed tax) 1955.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 Ms 1956--A&O 105 M&N Rio Gr So 1st g 4s 1940 1st g 4s guar 1940 Rio Gr West 1st 4s 1939 1st coll tr 4s 1949 opt Rock Island Ark & „ 1st & ref 4 Ms series B 1981— 86 St Clair Mad & St Louis Belt— Alton Bridge 1st g 4s '51. J&J St Johns & L Cham 5s 1944.M&S St Joseph & Grand Island— „ A&O 86 97 68" 65 ^ 66 121 Southern Pacific RR Cal— 1st con g 5s (guar) 1937—M&N 1st ref g 4s 1955 opt 1910--J&J 104 Co— Coll tr g gu 4s 1943 105 opt...J&D Rio Gr June 1st gu 5s 1939--J&D)■ ' Gu tr ctfs g 4s 1952 M&N Gu tr ctfs g 3Ms 1937....M&S Gu tr ctfs g 3Ms 1941 F&A Cons mtge 4 Ms 1939 99 Richmond-Washington 31M ..J&D Paterson Extension 5s 1950. J&D Cons mtge 4s 1939 Penn Ohio & Detroit RR— 97m Richmond Term 1st 5s 1952-J&J 106 98 5 Eq 5s 1938-39 C (yr).._M&S Eq 5s 1938-41 D (yr) A&O Southern Pacific (Golaen Gate Ferries) 1st 5%s 1949..—A&O ,26% 7% 106 93 '40 A&O „ w* 78 108 104 110% 8M 75 95 Eq tr 4%s 1937-40 (yr)___J&D b Eq tr 4Ms 1937-41 (yr)„.J&D b Pacific Fruit Express—■ Express 107 3 20 2 00 33 h 10-yr secured 3%s 1946—-J&J 100 106% 106% m 16% 16M 70m ...... Equip 5s 1937-1939 (yr)._M&N . 1956—. Paulista Ry 1st 7s '42serAM&S15 Pennsylvania Company— 28-year secured 4s 1963—F&A 1st g 4s Nov 1 1948 Rich & Peters 4Ms 1940 98 extl 5Ks 1968 M&S 6% franc bonds (foreign series) to 17 100 Paris-Orleans red 106 M Certificates of deposit 4 %s 1969 with warr 109 106 May 1 *41 Q&F Rensselaer & Saratoga— 6% g bds May 1 1941 M&N Rich Fredericksbg & Potomac— Cons mtge 4 Ms 1940 A&O Richmond & Mecklenburg— M&S A 1st 4 Ms (Oregon Lines) Series A 1977— 100 Term 5s g gu ser deposit notes 40-year 4 %s 1968 M&S 50-year 4%s 1981——M&N 1u0m 107 — 13 rt8RH 100 111 109 120 Imp M ext g 4s 1947--.A&O Extended 4%s Oct 1 1943 112 9 13 m South Indiana 1st g 4s 1951.-F&A Southern Pacific Co— ^ Coll tr 4s (CP) Aug 1 '49—J&D 119 110 Eq 4Mb 1938-'45 (s-a)—M&N Equipment trust 5s Philadelphia & Reading RR— " « 3.50 Jer Cent 4s '51 opt '06 A&O Gen & ref 4 Ms 1997 ser A—J&J Gen & ref 4 Ms 1997 ser B.J&J Ore RR & Nav cons 4s 1946. J&D Ore Short Line 1st 5s 1946—J&J 1st cons guar 5s 1946 J&J Oregon-Wash RR & Nav— „ 09im 3.00% 2.75% 4.00 Reading Company— 108 M 1st M 4mb 1950 series C._.J&J 90m 1st 5s 1931 -—J&J Ral & Gaston 1st 5s g 1947—J&J Raritan River 1st g 5s 1939--J&J Reading Belt 1st 4s 1950—M&S 102% J&J F&A J&D 1st M 5 Ms 1944 1st M 5s 1945 series B 47% 6s 1945 Gen cons gug 5s 1963 Southern 111 & Mo Bridge 1st Mg 4s 1951 Raleigh & Augusta Air Line— 43 M 27 14% Somerset Ry 1st & ref 4s '55--J&J 1st M 4s July 2 1950 J&J South Bound RR 1st 5s 1941 A&O South & North Alabama— 90 88 Potomac Val 1st gu 5s g 1941-J&J Prov Sec deb 4s 1957 gu M&N Prov Ter 1st g 4s gu 1956-—M&S Prov & Wore 1st 4s 1947 A&O 21 ' Seaboard & Roanoke 5s 1931 .J&J Seacoast RR prior lien 5s '48,. A&O Shamokin Sunbury & Lewisb'g— 95% Conway RR 4 Ms 1937—J&D 104 ,r 95 90m - 112% 2d ext'd 5s 1945. J&J Shrev Bdg & Ter 5s '55 gu F&A Sioux City & Pac 3 Ms 1936—F&A 92 ort Reading 1st gu 5s 1941..J&J Portsmouth Great Falls & 2.10 4 107 ortland & Rumford Falls— 5s 1951— M&N 103% Ohio Connecting 4s 1943 M&S Ohio Ind & Western 5s 1938 Ohio & Little Kanawha 5s '5CM&S ^ ..... 19 An .-Apr 5 .5 42 J&D A&O A&O Eq tr 3 Ms Apr 1 1938-1946 Eqtr 2 Ms 1937-1946 J&D itts Young & Ashtabula— 1st gen 4s series A 1948 J&D 1st M 5s 1962 series B F&A 1st gen 5s 1974 series C J&D 1st 4 Ms series D 1977 J&D ortl (Me) Term gu 4s 1961-J&J Guar 5s 1961———....J&J 80 ... „5s 1948 121 :::: 1st M 4 Ms 1958 ser A 1st M 4 Ms 1959 ser B 1st M 4 Ms 1960 ser C ■ • 1 ' 116% 107 m 22 . 113% 1931 F&A Receiver ctfs 2-3 Ms '45—F&A Atlanta-Birmingham Div— 1st g 4s May 1 1933——M&S / Seab-All Florida Ry— 1st gu 6s 1935 series A F&A Certificates of deposit / 1st gu 6s 1935 ser B F&A 122 18 Pittsb Term RR & Coal— 1st g guar s f 5s 1942 J&J .tts Va & Char gu 4s 1943.M&N Pitts & West Va Ry— cons Certificates of — 115% 116 108% 113 Seaboard Air Line Ry Co— 1st gold 4s 1950 A&O Stamped A&O Adj mtge 5s Oct 1 1949—F&A Ref gold 4s 1959 opt A&O 5% secured • 102% KM 107% San Fran Term 1st 4s 1950--A&O Santa Fe Prescott & Phoenix— 1st g 5s 1942 M&S Scioto Val & N E 1st 4s 1989M&N 1st & Pittsburgh & Shawmut— 105% 114% 115% 101% . 1st s f g 5s 1959 J&D / Pitts Shenango & Lake Erie— 115 1st gold 5s 1940 A&O 115 Cons 1st g 5s July 1 1943..J&J 35"" Gen & ref 5s 1974 ser A—M&S 120% Gen & ref 116 g 4 Ms ser A '74.M&S Northern Ohio Ry 1st guar 5s— April 1 1933 & sub coups 1945-_ / 87 Without Apr 1 1933, Oct 11933 -.and Apr 1 1934 coupons / 75 Stmpd as to sale of Apr 1 and Oct. 1 1933 & Apr 1 *34 cpns / 75 Stamped as to sale of Apr 1 '33 75 to Apr 1 1935-1945 Northern Pacific-** ftlor lien g 4a Jan 1997....Q&J 105% Gen lien g 3s Jan 2047 Q&F 73% Ref & imp 4 Ms 2047 ser A.J&J Ref & imp 6s 2047 ser B_—J&J 1UM Ref & imp 5s 2047 ser O...J&J Ref & imp 5s 2047 ser D___J&J Eqtr 4Ms 1938-*40 (yr)llf&S15 2.10 Eq tr 2%s 1938-1947 M&S » 1.10 > Eqtr 2%s 1937-1946 J&J 2.70 Nor RR of N J gen 4 %s 2000. J&J i 72 No Ry of Cal 5s g gu 1938A&0 104% North Penna 1st 3 Ms. 1953—J&J 102 Gen g 3 3-10s 1953 J&D 97% Northwestern Terminal RR— F&A gold 5s 1949 A&O 26 24% Certificates of deposit 115% 115m 116 M 116M 106% Gen M 5s 1975 ser B A&O Gen M 4Mb 1977 ser O—J&J Pitts Shawmut & Northern— 106 Norwich & Worcester 4 Ms '47M&S Ogdensburg & Lake Ohamplian— 1st guar g 4s 1948 ...J&J -J&D M&N F&A 16% 106% 99 Transp 5s '48F&A 100 107 HO 110 4s series H 1960 104 Norf & W Ry 1st con 4s '96-A&0 Norrist n & Maine 1st 4s '52 M&S F&A 4s series F 1953— 48 series G 1957 40 106% 1st & ref g 5s '61 opt *15—F&A / Certificates of deposit f Norf & South 1st 5s 1941.M&N 1st gen g 5s 1954 opt J&J / Norfolk Term 1st gu 4s 1961M&N 106 lOOM • 15% / M&N A&O 3Ms series E 1949-.. 84% »iii 109 M&N 4mb series B 1942 » i «» » • ».» i *• i » 116m 107% 109 % 109% Ask Bid 1st g 5s Oct 1 1940- 93 m 115% J&J 5s 1947---- 4 Ms series C 1942 4s series D 1945 80 69% F&A Term 1st g 5s 1943— M&N N Y Westchester & Bos Ry— 1st M g 4%s 1946 1st M 5s 1977 Bonds Salt Lake & Ogden 5s 1934 / San Antonio & Aransas Pass— 1st guar g 4s 1943 J&J San Fran & San Joaquin Val— 25 92 M Pitts Cin Chic & St Louis— Con g gu 4%s ser A 1940-A&O 87% Certificates of deposit , Ask 1938.A&0 101% 99 Phila Newton & N Y 3s 1942 A&O Phila & Reading RR—See Readi ngOo. Philippine Railway— 24M 1st p 48 1937 s f oPt gu...J&J 24 23% 1st refunding 5s 1937—.—J&J Term & Bid Bonds Phila & Chester Val 4s Gen M g 4s 1955 red J&D / 15% Pennsylvania & Ohio— Prior lien ext 4%s, 1950--M&S 107% N Y Phil & Norf—1st 102 M g 4s '39 J&J Income 4s Jan 1 1939 M&N 100M Stock trust ctfs 4s 1948 J&D 103 M N Y Prov & Bos 4s 1942 A&O / 99% N Y & Put 1st 4s 86 M g 1993 A&O N Y Short Line 4s 1957 F&A 107 N Y & Stamford 4s 1958—M&N / 47 N Y Susq & Western— Norf are as near as Ask N Y 2d mtge 4 %s 1937 Gen mtge. 5s g 1940 71 "and interest" except where marked, "f" and Income and defaulted bond* possible for the closing day of the month preceding the date of issue are Quotations for all securities Nominal. 1st 4 Ms '59..J&J 119% 102 m 102% 102% 122 103 M 103 103% 2 10 1.60% 2 85 2 25% 2 25% 2.85 2.86 109 2 25% 109 M 103 104% 94 96 m 97% 110% 105 97 98% 99 111 103 103 m 97 65 103 99 m prices are "and interest" except where marked "f" securities are as near as possible for the closing; day of the NOTICE—All bond Quotations for all Bid Bonds and Stocks Union Depot (Columbus, Gen 4Hs 1046 Union Pacific— - 112M 106 115M 2008—M&S 1971—M&N 888 1.60 1.75 1.25 116 M&S '46-M&S Eq tr 7>s 1937 (yr)— Union RR (Penn) 1st 5s 1979——M&S 1955 series Series B 1957 5% 112 102 3M 5% conv preferred- M&S M&S Vicksburg Shreveport & Pacific— Pr lien 6s *15 ext 5% '40-M&N Gen 5s May 1 1941 M&N ref & impt 5s 1973 M&N f 6s 1958--Debenture s f 7s 1948 s 64 67 18M 20 M 103 M 102 99 103 H 96 H 5s 1958-——A&O Virginian Ry— ■ ■ 104M 1st lien & ref 3 Ms A 1966.M&S » 2.00 Eq tr 4Ms 1937-1940 (yr)—J&J » 1.75 Eq tr 5s 1937-1938 (yr)—. M&N Wabash Railroad Co— 92 M 1st gold 5s 1939 M&N 2d gold 5s 1939 F&A /::*»*«*Deb mtge 6s series B 1939-J&J 1st Hen term gold 4s 1954-J&J 34 Ref & gen 5MS 1975 A—M&S 34 Certificates of deposit 6.00 Equipment trust 5 Ms 6.00 Equipment trust 5s —— 6.00 Eq tr 4Mb 1938-43 (yr)_ A&0 95 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 f 62M Omaha Div. 1st 3 Ms g '41-A&O Wabash Railway Co— 33 H 1st cons g _T f * 105 B—F&A Ref & gen 5s 1976 ser Certificates of deposit——— 104M 1.25% 1.20% 93] 83] 79M 35M 4.00% 4.00% 4.00% 27 Car Cllnchfield & O com Common stamped 5% Cayuga & Susq (gu Virginia & Pittsburgh-- West Fruit Western Maryland 4s 1952.A&O 1st & ref 5Ms 1977 ser A..J&J Equipment trust 4Mb.... Equipment trust 5s — — West N Y & Penna 4s 1943-A&0 Western Pacific RR Corp— 1st M 5s 1946 series A—..M&S Assented6s 1946......... Equipment trust 5s..—.—— Eq tr 5Ms 1937-*38 (yr)-.J&D 2Mb trustees ctfs Dec. 1 1938Western Pocahontas 4 Ms 1945-. Western Ry of Ala 4 Ms *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 5s 1980 J&J Wichita Falls & Sou 1st 6s '38 J&J Wichita Union Terminal Ry— 1st g gu 4Ms 1941 opt M&N Wilkes-Barre & Eastern— 103 H 107 3.00 3.00 107 % 67 108M 104 107 M 2.25 2.25 108 M 101M 102 94 106 107 109 105 111 22 1 1938 25 F&A f 103 M —J&D 1M 100 100 - 76 109 Pfef--—100 220 & St L—-100 pref.u—-100 ——---—--25 West 6% pref-100 S W (guar)—100 & Mackinac Ry_ 100 100 preferred- P & R)- —- 50 W'msport (guar)50 Preferred (guar Nor Cent)- 50 4% non-cum 4% non-cum . ———-100 1st preferred--100 2d preferred—100 v ' ... 50 94 102 Georgia RR & Bank Oo Great Northern Ry— Iron Ore Prop trust ctfs——— Preferred (capital stock * Green Bay & Western 100 Winston-Salem Southbound— 107M 1st gold guar 4s 1960 J&J Winston-Salem Term 5s *66. A&O 116 Gulf Mobile & Wisconsin Central Ry— 1st gen g 4s 1949—•—..J&J f Certificates of deposit-——. 1 1959——...A&O / Sup & Dul Div 4s 1936-— M&N / 1st & ref 4s / 26 18M 25M 18 17 53 58 28 Yos-ralte VaU s f g 5s 1936- J&J / Northern com.100 28 25 26 M 19 H 18 4s 1951 M&N Wore & Conn E 4Mb 1943—J&J / Yonkers Ry see "P L»" bonds— 22 ... 195 (gu)Il00 108 98 25 preferred 5% n^n-cum Illinois 100 Cenw^-------------100 6% pref series A—100 Leased lines (guar) --100 Stk tr ctfs—See RR Securs Co Internat Rys (Cent Am) com .* Com vot trust ctfs— —• Non-cum 5% preferred Joliet & Chic (guar Kal Allegan 2iM 53 M 50 M 14% 111 Cent ktkctf 1952—1000 Reading Oo ..... 50 4% non-cum 1st pref 50 4% non-cum 2d pref 50 Rensselaer & Saratoga (guar) .100 Rich Fred & Potom—com.—100 Dividend obUgations 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 2d preferred —.100 St Louis-San Francisco Ry... 100 6% non-cum preferred--—-100 St Louis Southwestern —100 5% non-cum preferred 100 Saratoga & Schenectady (gu)-100 Schuylkill VaUey Nav & RR—50 Seaboard Air Line common * 4-2% non-cum preferred.—100 50 100 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 .100 Troy & Gr'bush (gu N Y C)__ 50 Tunnel RR of St Louis .—100 Union Pacific—Common 100 4 % non-cum preferred 100 115 61 140 138 93 247 5% non-cum Virginian Ry common.......100 6% cum preferred—.....100 Wabash Ry —100 5% non-cum preferred A...100 5% non-cum conv pref B—100 Warren N J (guar D L & W). 50 West Jersey & Seashore (gu)- 50 Western Maryland Ry com—100 O & A) —100 (gu)—100 Chic—Pref (gu)—100 City Southern— 100 preferred——-100 RR of N J—-100 Lehigh Valley.-.———— 50 4% non-cum Lackawanna Preferred--. 100 100 United N J RR & Canal K O St L & Kansas — 5% prior preferred..—...100 Phila Germ & Norris (guar).- 50 Phila & Trenton (gu Pa RR).100 Piedmont & Northern— * Pittsburgh Bess & Lake Erie.. 50 Preferred..*....—....... 50 Pitts Cin Chic & St Louis 100 Pitts Ft W & Chic com (gu)_. 100 7 % conv pref (guar Pa RR).100 Pittsburgh & Lake Erie 60 Pittsburgh & West Virginia 100 Pitts Youngs & Ashta 7 % pref 100 Portland & Ogdensburg 100 Prov & Worcester (guar) 100 llVi 50 M 3M 8H 28M 46 M .-—--—100 & Gr Rap ——.100 - Southern Pacific Oo 90 F&A Wilmington & Nor 4 Ms *77- J&D Gen Ea Aug 1 1982. F&A Wilmington Ry Bdge 5s *43. A&O 100 50 Sharon Elmira & Erie—Common. 104 ,—100 Erie) .100 Railroad Securities Oo— 88" Dayton & Mich com (guar)- — -50 Preferred (guar C H & D)_- 50 Delaware & Bound Br (guar). 100 Delaware & Hudson Co --100 Delaware Lack & Western-— 50 6% non-cum 100 —100 - (guar)—100 & Eastern 5% preferred Consol Rys of Cuba 6% Pref-100 Cuba RR 6% non-cum pref—100 . Wilmington & Newborn— 1st gold 4s 1947 Certificates of deposit Marshfield & S'eastern div Peoria East Penna (guar 102 M 100 preferred Pere Marquette Ry com.. 5% non-cum preferred.—-100 Duluth South Snore & Atl—.100 30 conv Peoria & Bureau Val 2M 12 H Detroit Hills & 101M - 10 5% non-cum preferred-----100 Cleve & Pitts (gu Pa RR) 7%_50 Detroit 7% Norfolk Southern Pennsylvania RR -----50 Pennroad Corp vtc 1 Denv & Rio Gr 106M 100 100 * N V Chic & St Louis com——100 6% preferred series A 100 N Y & Harlem com (gu) Paterson & Hudson River 7% preferred 6% preferred 12 100 ferred—100 Passaic & Del Ext 3M Cin New Orl & Texas 50 2d 5% non-cum or« Oswego & Syrac (guDL&W) 50 95,, non-cum preferred-——100 Chic R I & Pacific common—100 8 61 % Ogden Mine RR (gu On N J)-100 Old Colony (gu N\NH&H)-100 7% '40 61M 100 Nashv Chatt & St Louis National Rys of Mexico— Northern Securities Co 100 North Pennsylv (gu P & R)— 50 Norwich & Worcester pref 100 ------------ Delaware ' 8M 59 Mount Carbon & Port Garbon50 Northern Pacific Ry North RR of N J (guar Conn & Passumpslc 100 M 4% non-cum preferred 100 Mobile & Ohio—See Southern Ry Morris & Essex (guar) 50 4 __ Ry —100 Adjust 4% non-cum pref—100 3.00% 33 5% conv preferred .—.100 Mobile & Birmingham**i No CaroUna (guar Sou RR)__100 Northern Cent (guar Pa RR)- 50 North'n N H (guar B & M)—100 3.00% 32M 7M 27 M —-100 com Norfolk & Western 4.00 Willamette Val Southern Ry— 6s 1939 *9~" 4 00 133 * 7% preferred series A N Y Ontario & Western. 4% non-cum preferred——100 Chic Milw St P & Pacific- Cleve Cine Chicago 9 100 Mo-Kan-Texas RR com Missouri Pacific y 3M 19 D L & W)-30 Cin Union Term 5% 1250" 19 23 Special guar 4% -50 Colorado & Southern -—100 4% 1st non-cum preferred—100 4% 2d non-cum preferred--100 Columbus & Xenia (guar).-—-50 J&D Willmar & Sioux Falls— 1st guar g 5s 1938 13 15 H 4%-100 100 5% non-cum preferred Chicago & Nortn Western — 3, 23 New York Central RR —100 —100 Pacific—100 Preferred-——-i-—~-100 93 M Cincinnati Sandusky & Cleveland 6% non-cum preferred-50 92 M 100 - 56 New London Northern New Orl Texas & Mexico 6% preferred 100 Chicago Great Western com.-100 4 % preferred 100 Chic Ind & Louisv common—100 75M 101M 100 preferred- Mississippi Central 1st 4% non-cum pref.- 20 Chicago Burl & Quincy 100 Chic & East Illinois common.100 Wilkes-Barre & Scranton Ry— 1st 4Mb May 14 H Chestnut Hill - 92 A&O Exp—See Gr Nor 1st gs f 4s 1990 12J4 Jersey 100 Chesapeake Corp —-* Chesapeake & Ohio common—25 4% preference 100 95 92 132 M Central of New Common 63 104 107M 109 12 Catawissa RR—1st pref (guar)-50 2d pref (guar P & R)———50 M 96"" 131X 100 -25 Canadian Pacific 38 — 5s 1942 •86M -100 Canada Southern 33 X 27 M Washington Co Ry 1st g guar 3 Ms Jan 1954 opt 1924——J&J Wash & Frankl Ry 1st 5s '39.J&J Wash Term Co—3 Ms 1945—F&A 1st gold 4s 1945 guar F&A Washington & Vandemere—• 1st 4Mb 1947 F&A West Shore 1st 4s 2361.—..J&J 1st guar g 41M 6% non-cum pref stamped- -100 Bost & Prov (guar Old Col)—100 Camden & Burl Co (guar) — -25 32 Warren 1st ref g 3 Ms 2000—F&A Wash Cent 4s Mar 1948- -—Mar West 39 M 41 1st pref 5% class A 100 1st pref 8% class B.->--100 1st pref 7% class O 100 1st pref 10% class D 100 1st pref 4M% class E---100 27 M Ref & gen 4Ms 1978 ser O. A&O Certificates of deposit—— — Ref & gen 5s 1980 ser D„A&O deposit 41* iM 36M ——100 19 800 59 54 . Common 96M }:::: Certificates of 102M ' - 53 22% 4% leased line ctfs—-—100 87 32 700 Michigan Central 100 1000 Middl inU Valley common..-. 50 2 Prrferred 50 15 Mill Creek & Mlnehill Navig. 50 57 Minehill & Schuyl Hav (gu)— 50 53 Minneapolis & St Louis 100 Minneapolis St P & S S M—100 1 7 % non-cum 78 82 Unstamped— 1st pref 5% class A 100 1st pref 8% class B 100 1st pref 7% class O—--100 1st pref 10% class D 100 1st pref 4M% class E---100 6% non-cum preferred—100 7% prior preferred 100 Stamped— 104 .J&J Va & Southwest 5s 2003 162 51 51 —100 4H 99 M 168 j 100 ---—-100 Preferred-- Maasawipoi Valloy.. 83 M 100 partic pref... Bellefonte Central ---50 Boston & Alb (guar N Y 6)—100 Boston & Maine common 100 102 ' M aine Central-— Y O)—50 3 ' 48 97 American shares assented—Cash war & scrip ret No. 5 on Vermont Vail 1st 4 Ms 1940—A&O Vicksburg Bridge & Term Co— Mahoning Coal RR ..... 5<> Pref (gusrLS&M S) 50 40 M 18 M 20 Lvkens Valley RR & Coal— 61 87M --—100 Louisville & Nashville 48 M 99 M Belgian Nat Rys Oo— 1st guar 4 Ms 54 110 120 88 guir 3 M 48 M 39 M 102 82 M Fe_100 100 Beech Creek (guar N 2H 51 Spec 47 4% non-cum pref -—-100 Bangor & Aroostook com 50 110M 185"" 3M (guar)--100 Augusta & Savannah 105 Lit Schuyl Nav RR & Oosl(gu) 50 Louis & Mo Riv pref (guar»--100 46 M Bait & Cumberland 7% gu—-50 Baltimore & Ohio common—100 110 1st guar 4 Ms unassented July 1914 coupon—J&J1934 July 1914 coupon off——J&J 1st M Topeka & Santa pref non-cum Ask 102 49 48 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 Vera Cruz & Pacific RR— ; 96 M 176 5M% pref ( 2 M % prior conv pref - - * Allegheny & West (6% guar)-100 117 105 M A—-F&A M&N It* Alleghany Corp common -6M% pref (with $30 warr)_100 5M%pref( Atchison 100M 50 50 com 100 Susquehanna (gu)—100 Albany & Bid 50 betterment stk.- 60 Little Miami original guar— Alabama & Vicksburg. gu 1.00% 117 110M 110M General gold 4s 1944——M&S 1st 4s Sept 1 1948-——-M&S 1st 4 Ms Feb 1 1973 F&A Gen 1st g 3 Ms 1951 M&S Utica Clin & Bing 5s 1939—-J&J Vandalla RR— Cons g 4s 112M 106 M 117 96 M 96 M 1.00% 1.00% 98 1st mtge United N J RR & Canal Oo— 1 A1 Great Southern Preferred 125 M&S (Dallas)— 35<s 1967 F&A Deb 6s 1946 Union Terminal Co 1st 4Mb Sept 107 Par Stocks Ask Bid par Stocks and Income and defaulted bonds month preceding t.he date of Issue RAILROAD STOCKS 106 45 „ 1st & ref 5s June 2 35-year 3Ms debs Ask Ohio) J&J 1st ry & land gr 4s g 1947--J&J 1st & ref 4s June 2008--—M&S 1 BONDS EAILKOAD 73 50 (gu).lOO Utica Chen & Susq Val (gu)-100 Utica OUnton & Binghamton.100 Valley RR (N Y) (guar) Vermont & Mass 100 (guar)—...100 Pac com 100 preferred—...100 Vicksb Shrevep & 1st preferred ,1 134 95 ......-100 4% non-cum 2d pref—....100 Western Pacific RR Corp....100 6% non-cum preferred.—.100 Wheeling & Lake Erie Ry .100 5)4% cum-conv preferred.. 100 ♦ X No par value. Ex-dividend. i Quotations represent dniiiyrg per $100 face amount, b Basis, /This includes accrued interest, k Last sale* n Nomina* NOTICE—All Stocks and Bonds "and Interest" except where marked "f* and income and defaulted bonds possible for the closing day of the month preceding the date of issue bond prices are Quotations for all securities Bid Par are as near as Stocks and Bonds Ask Bid Par Administered Fund 2d inc * Affiliated Fund com Air Investors Inc vt * Convertible preferred Warrants Fixed Trust Shares series Series B * Foreign Power Secur Corp— 1st coll tr conv 6s A 1949—J&D Foundation Trust Shares A..—.. $3 convertible preferred 68 Class A 5 * Oommon..-„....i.„...i„* $6 preferred.^..*...... • Amer s f 5s 1958 $3 preferred ——... Amer General Equities Ins..... Amerex Holding Corp......... Amer Insuranstocks Corp......* Amer Investment (111)........* Convertible preferred.......25 7% preferred 25 8% preferred 25 Associates Investment...... * 5% preferred w w .......100 6% preferred ex-warr 100 V Bullock Fund Ltd 1 Canadian Internat Inv Trust— 6s series A1959 A&O Canadian Investment Fund. Ltd Canadian Pow & Pap Invest Ltd— Deb Ssseries A 1958 F&A / Capital Administration cl A....1 Class B ♦ . Central Nat 83 14 2.. 50% ...10 * 68 Corp class A..... 43 Class B 5 ......... Century Share^TrustZT—IIIIII Chicago Corporation .......* Convertible preferred-..... * Christiana Securities com...100 Commonwealth Investment 1 Commonwealth Securs common Preferred 100 Consolidated Funds Corp class A Consolidated Invest Trust com.l ^Warrants........ ......... Continental Secur Corp com 5% preferred * 100 Debenture 5s May 1 1942 Continental Shares com..... * 6% preferred lo Corp Secure 5% notes 1935.M&L Corporate Trust shares old series. AA..... ... Accumulative series. I AA (modified)............... ACC (modified) ........ ........ Crum & Foreter Inc com—....10 8% preferred 100 Crum & Forster Insureh B.....10 7% cum preferred -.100 Cumulative Trust Shares.......* Deposited Insur Shs. A..... sot Series B......... Deposited Bank Shs N~YserAlI" ...... 25.33 -.V 4 43 _ 2225 6.47 JX 38 88)4 1.91 2.07 Automobile Shares........... 1.43 2.08 1.56 10% 33 3) 8) 73 slH 4* " 5.85 11* i\* 75 97 95 20c 30c 17) 4) 18) 5) 2.9 2.83 2.83 3.63 3.63 27)4 1956 .... 117 32 112 6.39 3.35 3.15 2.36 % 14 1 1 34 53 .70 ... ..... 24.$ common ......... 34" 4 x ... .... England Fund New Jersey Bankers Securities..* 1.10 9 26.74 3.25 1.92 ...... 7 4)4 2)4 4% Elec Shareholdings Corp com 1 $6 conv pref with warr.......* Equitable Invest Tr (Mass)....5 Equity Corp common .—10c $3 conv preferred Equity Shares ....1 Equity Trust Shares In Amer 1 Fidelity Fund, Inc * First Boston Corp ..10 Fiscal Fund, Inc.— Bank stock series... ........ ..... Insurance stock series..... No par value, 38 79 35.93 2)4 41)4 6 4.55 29.16 30 % 3.89 4.10 t Called June 1 at 101%. D: ./rh, , Common stock ,51 101% IX $5.50 prior stock 4)48 Mar 16.56 Sovereign Invest. Inc., 97 % 56 . 2.85 7.35 72H n 12.33 12.98 15.65 14.21 15.33 . . . .............. Class B————...... BB.».——— ,Class O...—..i—«*„*, Class D..— - Supervised Shares.............. Third National Investors...—.1 Tri-Continental Corp 6% cum preferred Warrants * * 5s conv deb 1953 -J&J Trusteed Amer Bank Shares B... Trusteed Industry Shares....... Class D Trustee Standard Oil shares A Series B Union Investing Co— 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 Trust ctfs series B 102% 12% Voting trust ctfs ... U S & Foreign Securities com—* $6 1st preferred * U. S. & International Sec 1st pref with warrants Utility Equities Corp.. Conv preferred 95 59 63% Utility & Industrial Corp Convertible preferred 100% 99)4 2.77 5 __7 5 7 Wellington ihind—— Western Reserve Investing— Dob 5%s 1944—-..——F&A 3.49 3.43 1958 Northern Securities see "RR" Oils & Industries com.........1 Preferred j Oklahoma CountV^uirtll—II10 $ Called July 1 at 102. * * A._* common , 14.01 14.50 11% * F&A 15 ww Common B——. .......... .* $1.20 preferred* $3 cum conv 1st pref 50 Super Corp of Amer class A 4. 2 07 19.55 20c 3% 102 20.$t Standard Amer Trust Shares-Standard Investing Corp com--* Trustee N Y Bank Shares Trustee Stand Invest ser C 9 10.29 5 com 23 42 12.61 $6 cum preferred. 100 fc North American Bond Trust OtfiL North American Invest Corp— Collateral 4s 1951 J&D North American Trust Shares— 1953. M&S Sterling Securities 13.06 11.12 Niagara Share Corp (Md)— Conv deb 5%s 1950 M&N M&S 1952 49 11.68 stocks..—.*.......i... 1942 1 Utilities Inc State St Investment Corp 12.10 ... 1 March $5.50 preferred Deb 5%s 1939 29.54 17 37 27 11.32 3.95 59 X ...—..* Standard 27.84 4.38 3.85 58% Shenandoah Corp common-—-.1 $3 convertible preferred 25 Solvay Amer Invest 5 % % pf-100 Class 2.01 18.46 10c 90C 5)4 Conv preferred.——5 Allotment certificates------Shawmut Bank Inv Trust— 4)4 7.16 72 % % 92 $6 preferred * Selected Amer Shares Inc new 2)4 Selected Industries com.... * 35 10.38 96* ¥tt 1 £1 Amer dep rets ord bearer.—£1 Spencer Trask Fund Inc * 53 Railroad equipment 62 ... Am dep rets ord reg 9.4 15.90 14.19 1.55 94 Representative Trust Shares Republic Investors Fund Reynolds Invest 5s 1948 A&O m Spanish & Gen Corp Ltd— JdD ... Insurance stocks xuvt»lilllK V^OTD A&O 5s 1 Electrical equipment. 2.07 "2" 19.40 1 Preferred * Reliance Internat Corp com A 10c Preferred * 1.69 Building supplies Machinery stocks 103 Quarterly Income Shares Railway & Light Securities com.* Conv coll tr 4%s series "11" 3) New Bank stocks 8.00 Shares—"————26c Deb 5s 1954 —M&S 15 Economic Inv Tr Ltd 5sA'57M&N v: 21.40 .... N Y Bank Trust Shares New York Stocks, Inc.— ♦ '5, ... 56 IS* B common * L95 1.05 ....— 1 New ' • $6 preferred.——...——.—* Royalties Management A 1 1.46 Schoellkopf Hutton and 1.85 Pomeroy Inc common........ 1.61 Second Nat Inv Corp— 1 67 Common. ...—1 2,11 $5 conv preferred ........1 1.17 Securities Co of New Jersey— 5)48 series 2 Oct 1937 % 5s series 3 Dec 1937 16 6s series 4 Nov 1942 VA Securities Corp General com * 1.71 1.48 1.54 ....... $5.50 preferred...... Warrants National Trust Shares— Remodified ' , 1.07 1.74 1.34 Nation Wide Securities Co.—... Voting trust ctfs 30 50 «. .98 1.60 .... Keystone Custodian Fund B-3 Larkins Warr Trust 10 Major Shares Corp ...» Maryland Fund Inc.. Massachusetts Investors Trust 1 Mutual Investment Trust National Bond & Invest com .* 5% preferred ser A w w 100 Nat Bond & Share Corp... .__* National Investore.... ._...* _ 2.25 1.72 1.58 — com... • —... ...... ... DrafprfpH 1955 87)4 ....... Investing shares Merchandising Shares Mining Shares '* Railway & Util Invest A Debenture 5s series A 1948 Huron Holding Corp Hydro Elec Sec com * Incorporated Investors * 3.20 Independence Trust Shares * Institutional Securities Ltd— 1.78 Bank Group Shares Insurance Group Shares 1.57 Insull Utility Invest— Deb g 5s Jan 1949 F&A 8% 57c Deb g 6s 1940 B with war 3)4 J&J 37.22 Insuranshares Co of Delaware—1 2 22% Insuranshares (Md) ctfs Inc 4% 1 International Holdings & Inv * 2% Internat'l Secur Corp Amer— 85 51 6)4 preferred 100 49 6% preferred 100 Debenture 5s 1947 ..J&D tl01'®32 15 Interstate Equity common 1 $3 convertible pref A 30 ...» Investment Bona & Share— 78 5s series A 1947 82 J&D 46 Investment Co of Am— 8 Common.. 47 ...........10 27.23 Investors Fund of America— Series O 15.60 .1 Investors Royalty ...1 2300 Preferred................... 41 3)4 ment Corp 4)48 1959....A&0 Group Securities, Inc— Agricultural Shares Chemical Shares..... Food Shares —* ————— Pub Util Investing 5s 1948.A&O Pub Util Sec 7% preferred * 18 6 21 .... T) ohnFAS \j vuivica 3)4 Steel B shares C shares oouoiu 7.37 72 • Diversified Trustee Shares Dividend 6.77 $6 preferred..........*...—* $3 preferred.—...—......—* $7 preferred * .... Class A ® fv 10c 16 Guardian Investors 5 1% Great Brit & Canada Invest¬ Building Shares * A&O Phoenix Sec Corp— $3 conv pref class A 10 Plymouth Fund Inc --10c Prudential Investors......—..* 90 5c —.— Tobacco Shares ... 101 )4 85 Petroleum Shares.. Railroad Equipment Shares... Steel Shares... 6% preferred 50 Option warrants. Bancamerica-Blair Corp Bankers Nat Investing com ...* Bankers Sec Corp com........60 6% preferred 60 Basic Industry Shares * British Type Investors class A..1 Broad St. Invest Co Inc..... _ 101)4 1)4 35% J&D $3 cum pref series A Carey Trust wan- —* M&N Class B 12)4 102% 34 46 % 1.22 28 % Associated Stand. Oil Shs.... Atlantic & Pac Int. com w w. * Preferred w w 50 Atlantic Secur 4%s A 1953 .A&O Atlas Corp com 99)4 Ask Deb 58 1948 Series A J&J Pacific Southern Invest pref—* 5.69 12 » ... 10-year deb 3s 1946-j , Gleneagles Invest 5s June 15 1944 33)4 38)4 1 6.88 German Credit & Investment— Pref allot ctf 25% 1st pref..* 10 --10c \% * $6 pref (with warrants) 12% 5)4 14 % 103 % $2K preferred—.—— . * Investors—1 General Investors Trust—.....1 Gen'l Realty & Utilities com 1 86 % A....J&J ser — Deb 5s April 1 1948 Pacific Investing Corp— 6.21 Investment Corp 1 $6 preferred................* 10 /' 1 38 * American General Corp $2 preferred American Warrants 1 Old Colony Trust Assoc Overseas Securities Co--— Deb 5s Nov 1 1947 5.20 25.14 ................... General 50c Amer Elec Sec partic pref American European Secur 36 % fit $6 preferred w w— Deb 5s Feb 11952 without H 10c Class B.*...—,10c S3 preferred———....—* $5.60 prior pref—...————* American & Continental Corp 73% 23.18 - Class B General 101" F&A Capital Corp A Coll tr Warrants Fundamental Investors Inc—.. Fundamental Trust Shares Inc— Bid Old Colony Invest Trust— *' Common-—* Debenture 4%s Feb 1 1947— Debenture 4%s Dec 15 1952 36)4 Common with warrants—.... Par share 72 4.85 Common ex-warrants Amer Bankstocks Corp ♦ American British & Continental— Stocks and Bonds share Fourth National Investors— 63 Aldred Investment Corp (Can)— Deb 4Mb with com shs 1968 Alliance Investment com ♦ 6s A with warr 1949 J&J Allied Int Investing Corp com * Deb g 6s 1953 Amer Business Shares - h * Aldred Invest Trust (Mass)— Deb 4%s with com shs 1967 . A—* 19.51 11.21 c Ask Per 13.07 10.84 share e 3.23 10 9 2)4 Ex-c0upons. 12 10 3% /Flatprlc* k Last sale, n Nominal, x Ex-dividend. 1.64 1.75 Utilities Public (Include* street and electric railway*, ga*. electric power, water, telegraph, telephone and bridge companies.) NOTICE—All bond price* are "and interest" except where marked Quotations for all securities are as near as possible for the closing day of Bid Bonds Oo 83 84 95 (Italy)— A&O Ala Gas Co 1st M 4 Ms 1951 -F&A Alabama Power 1st 5s 1946-M&S 1st & ref 5s 1951 J&J 1st & ref 5s 1956 M&N 1st & ref 4 Ms 1967 J&D 1st & ref 5s 1968 M&S Adriatic Electric Alabama Water Service Co— 1st M 5s 1957 ser A J&J Alexandria Water 5s 1937—J&J 99 M Deb 5s series A 1975 Deb 5s series B 1975 _ 1M -IX 1M 15 1M 1M 1M 10 78 106% 41 46 89 M 62 M Secured deb 3.60-6s 1953.-J&D M&S A&O '53-A&0 45 . „ 90 % 64 83 18 99 1st & ref 5s 1960 ser Berlin City Elect 6Ms Sink fund deb 6 Ms 101M 45 44 79 105% M&N J&D Ana&Pot R RR-See WashRy&El Anchorage Lt & Pow 7-5s'43 F&A Androscoggin & Kennebec Ry— 1st 6s 1940 M&S Androscoggin W Pow 6s '45-F&A Appalachian Elec Power— 1st & ref 5s 1956 M&N 95 73 108 M 110% 111 82 85 36 37 99 ,96 A&O / 103 5 84 50 84 55 85 M 97 M 97 % 90 Ark West Gas 1st 5s w w '39.J&J w % 92 Ashtabula Water 5s 1958—A&0 Assoc Elect 4 Ms 1953 J&J 101M 50 51 5s Jan 1 1961 -J&J Associated Gas & Elec Co— Conv deb 5 Ms 1977 F&A Conv deb 5s 1965 M&N Conv deb 5s 1950F&A Conv deb 4 Ms 1949 J&J Conv deb 4 Ms 1948 M&S 57 M 58 M 54 57 53 44 46 M A&O 46 M 43 46 78M 79M 56 60 47 ? 43 50 46 39 43 Cons ref deb 5s 1968 49 48 M 43 M Cons ref deb 4 Ms 1958—M&N Conv invest ctfs 5 Ms M&N S f inc deb 5 Ms A 1983-—F&A 8 fine deb 5s B 1983 M&S y Sf inc deb 4Ms C 1983--_M&S 8 fine deb 4s D 1983 M&S S fine deb 5 M-6 Ms A1986 F&A 8 fine deb 5-6s B 1986---M&S ilH 48% 44 M 8 fine deb 4 M-5 Ms C '86-M&N 8 fine deb 4-5s D 1986--.M&S '.0 Associated Gas & Elec Corp— 8-year 8% 1940 Conv deb 5Ms 1973 Conv deb 100 M -M&S -F&A ioi^ 86 89 J&D •';75 77 4Ms 1973--—-J&D 70 72 Conv deb 5s 1973 M&S 66 69 Income deb 4 Ms 1978 F&A Income dob 4s 1978-_—A&O 43 44 M 37 38M Income deb 3 Ms 1978-—M&N Income deb 3 Ms 1978 M&S 35% 36 33 34 M 69 72 Conv deb 4s 1973. Associated Pub Utilities Corp— 1st lien 5s 1947 ser A__ J&J Deb 6s series A 1958 M&N Associated Telep Co Ltd— 62 103% 1st M 4s series B 1965. J&J Associated Telep & Teleg Co— Deb 5 Ms 1955 ser A M&N Assoc Telep Util deb 5s 1942A&0 Certificates of deposit Conv deb 6s 1941 _.M&S 84% 35 M 35M 35M 35 M Certificates of deposit 35M Conv deb 5Ms 1944 ser O-M&N Certificates of deposit 35 M /113 2-yr6% notes 1933 A&O Certificates of deposit /113 Athens (Ga) Ry & Electric— 106 a 1st & ref s f g 5s 1950 J&J Atl Cons St RR—See Ga Ry & El 109M Atlanta Gas L 5s g 1947 J&D Gen mtge 4 Ms 1955 99 % M&S . 68 " 104 84 M 37 M 37 M 37 M 37 M 37 M Bridgeport Gas Lt 4s 1952--J&J British Col Tel 5s 1960 J&D 1st 4Ms series B 1961 J&D Broad River Power Co— 1st & ref 5s 1954 ser A M&S Bway & 7th Ave—See N Y Rys Bklyn Borough Gas 5s 1967-F&A Bklyn City RR 1st 5s 1941—J&J Brooklyn Edison Co— Consol mtge 3 Ms 1966—M&N Bklyn-Manhattan Transit Corp Coll trust 4 Ms 1966 M&N Coll trust 3s 1938 M&N Coll trust 3s 1939 M&N Coll trust 3s 1940 M&N Coll trust 3s 1941M&N Coll tr series 3 Ms 1942—M&N Coll trust ser 3 Ms 1943--M&N Coll trust ser 3 Ms 1944.-M&N Coll trust ser 3Ms 1945.-M&N Col trust ser 3 Ms 1946—M&N Coll trust ser 3 Ms 1947-.M&TN Coll trust ser 3 Ms 1948.-M&N Coll trust ser 3Ms 1949--M&N Coll trust ser 3 Ms 1950.-M&N Coll trust series 3 Ms 1951 .M&N Brooklyn City & Newtown RR 5s 1939 J&J Brooklyn Queens Co & Sublst m g 5s 1941 (stpd) J&J 1st con 5s July '41 (stp)__M&N Bklyn Un Elev 5s 1950 F&A Kings Co El 1st 4s 1949...F&A Nassau Elec 1st g 4s 1951 __J&J Bklyn Un Elev—See BklynQueens Bklyn Un Gas 1st cons 5sg'45M&N 1st lien & ref 6s '47 ser A_ _M&N 1st lien & ref 5s ser B 1957 M&N Deb 5s 1950 J&D Buff Gen Elec 1st 5s 1939—F&A 1st ref 5s April 1, 1939--._J&J Gen & ref 5s 1956 ser A—F&A Gen & ref 4 Ms 1981 F&A Buff & Niag Falls El L & Power— 1st gold 5s 1942—— -F&A Buffalo Trhction \ See Buffalo & Lockport f Internat Burlington (Vt) G L 5s 1955--J&J b Basis. 56 102 M 115 120 118% il9M 124M 126 M 102 M 103 1st mtge 4MS 1967 ser 1st & ref 5s 1968 ser G Nominal. • 99 112% 95 109 97% 75 70 102 M 18% 113 M 104% 100% 104 M 1st & ref 4M» 1981 ser 103 96% 101% F..J&D H—J&D M&N 85 42 22 M 20 % 22 M 47 Cent Indiana Gas 5s 26 94 Central Indiana Power Co— 27 23 H 20 108 104 89 Central States Edison, Inc—• 1st coll inc 3-5s 1950 M&S 1 108M 98 M 53% Lt Con)— 1st M & 1st lien 5 Ms Debenture 5s 1944 1953.J&J J&J 1938-J&J f Corp 21M 109 92 100M A__M&N M&N / 1st 5s 1942-.-- M&S Gen & adj 5s 1942M&S Coll trust 5s notes 1942—M&S „ 1958 series A Chic Aurora & Elgin RR— 1st & ref 6s 1951 99 M 100 „ M&S J&J / Chicago City & Connecting Ry Coll tr s f g 5s Jan 1,1927-A&O ;VCertificates of deposit--. Chicago City Ry— 1st 5s (15% paid) 1927—F&A Certificates of deposit Chic Dist Elec Generating— 1st M 4Ms 1970 M&S 1st 6s series B 1961 M&N Chic Gas L&C see Peoples G L&C Chic North Shore & Milw RR— 1st mtge gold 5s 1936 J&J 1st & ref os 1955 ser A J&J 1st & ref 5Ms 1956 A&O Chicago Railways Co— . 1st 5s 1927 stpd as to 25% pt red and pay Aug 1, 1933.-F&A . 95 93 90 89 63 % 104% 106 M 101 101M 47 M 113 116 115 119% 105% 106 96 105 M 105 105 M 103 % 104" 109 M Ry. 112 116" 96 M 95 96 105 M 78 / Chattanooga Ry & Light-— 1st & ref g 5s 1956 op '16-M&N Chatt Rys 1st cons 5s '56-M&N Chos & Pot Tel of Va 5s '43-M&N Chester Water Service Co— 1st 4Ms 90 Is" / 69 69 / 69 5s series C 1933 J&D Charleston Cons Ry Gas & El 106 Consol gold 5s 1999 M&S 1st 1 coll 5 Ms 1956 ser 5 Ms series B 1956 Charleston Transit Co— 105" 55 H 95% 1st mtge 3 Ms ser B 1966--F&A Central West Public Service Co— 125" 62 54 % M&S 15 Cent Vermont Public Serv 92 101% . _ J&J Cent States Utilities 6s 94 Ill Corp— Conv dob 5s 1948 Deb 5Ms 1954— Cent States Pow & 94 95 7 4% _ Central States Elec 94 M 40 M 92 104M 98 M 98 80 83 103 M 99M 93 M 99 M 1956--F&A Corp— Conv deb 5 Ms '49 F&A Cent Public Util.(\vs)inc5Ms-1952 99 % 98 M 93 Cent Pub Serv 99 M 98M 99 1G6 101 Cent Pow & Lt 1st 5s 80 84 M 89 M 89 J&J 1 st & ref 6s 1947 ser Az Cent Iowa Telep 5Ms A1947.J&J Cent Maine Pr 5s '39 op '19.M&N 70 105 100 M 91M 1957—M&S 1st & gen 4s ser G I960---A&O 1st & gen M 3 Ms ser H '66-F& A Cent Ohio L & P 1st 5s 1950.A&O Cent Pow 1st 5s 1957, ser D.J&J 105 M . Certificates of deposit--— — Cons M 58 ser A FeS '27 _-A&O Certificates of deposit Series B Feb, 1927-.—J&D Certificates of deposit Pur mon 4-5s Feb '27 opt_J&J Chicago Rapid Transit Oo— 1st & ref 6 Ms 1944 —-J&J Certificates of deposit 1st & ref 6s 1953 ser A_« J&J Certificates of depositAdjust deb 6s July, 1963—J&J Certificate of deposit Chicago & West Towns Rys— 1st cum inc 5s 1937J&J Cincinnati Gas & Electric— 85 74 106 102 8 16 % 16M 65 M 65 M 105 M 105 % 6M 4% 4M 66% 67 M 23 M 23 M UM 11M 14 14 Certificates of deposit Adi inc 4s Feb 1927 opt--May Certificates of deposit Chippewa Power 6s 1947 55 82 J&D 1st mtge 3 Ms 1966 F&A Cin Newport & Gov L & T— 1st ref 6s 1947 series A J&J 6M 6M 8% 8% 8% 8% M ;; 15 105% 99% 101% Cincinnati Street Ry—■ m 5Ms ser A 1952._._A&0 1st 6s 1955 ser B-_-—_-_A&0 1st 100M n oo oo 101 106M Rap Mfg & P 5s '53--J&J Corp— 1 at & coll tr 58 1948 ser A_ _F&A Central Elec of N J 5s 1940—J&J Cent El & Tel 1st 5s str A '55 J&J Central Gas & Elec 6s 1946-M&S First lien coll tr 5Ms '46—J&D Central Georgia Pow 5s '38-M&N Central German Pow 6s '34-J&D Cent Hud Gas & Elec Corp— 1st & ref 5s 1941 —J&D 1st & ref 3Ms 1965M&S Cent Ills Elec & Gas Co— 1st & ref 5s 1951 F&A Cent Illinois Light 3 M8 '66. A&O Central Illinois Public Service— 1st & ref 5s 1956 ser E—M&N bO 99 k Last sale, M&S '56J&J - 95 M 104 M 101M 87 Cent Ark Pub Serv 103"" 64 62 Capital Traction (Wash, D C)— 1st g 5s June 1, 1947 J&D Carolina P & L 1st 5s 1956—A&O 120M 92 M /This price includes accrued interest, 1st mtge 5s ser A 1955 Canadian West Telep 5 Ms 105 M 1964 -J&D California Gas & Elec Corp— Unif & ref g 5s *37 op s f—M&N California-Oregon Power— 101 Cedar 105M 119 114 1st s f 5s 69 M 103% M&S / 1951 Canadian Utilities Ltd— ------ 37 M * Atlanta Nor Ry—See Ga Ry & El Atlanta Wat El & Pr 5s 1943 J&J Atl Beach Bridge 6 Ms 1942 lOOM 114 119 1st mtge s f 6Ms 1956 Binghamton (N Y) Gas Works 102 1st 5s 1938 A&O 85 81 Birmingham Elec 4 Ms 1968-M&S 68M Birmingham Gas 1st 5s '59-M&N 75 106 M 6% notes extended 1938--A&O 96 Birmingham Water Works Co— ^ 1st m 5 Ms 1954 ser A A&O 1st m 5s 1954 ser B J&D 1st mtge 5s 1957 ser C F&A 52 Blackstone Val G & E 5s '39.J&A & M & coll tr 4s ser C '65—M&N 53 Bleecker St&FulFy-See NY Rys 109 M Bloomington Dec & Champagne 97 M 113 1st & ref 5s 1940 M&N 105 Blue Lakes Water 6s *38—M&S 113 101 Bolivian Power 8s ser A '45-A&0 100M 83 Boston Elev Ry 4Ms 1937--A&O 105 87 Deb g 4 Ms Nov 1,1941.-M&N 107 M 37 Deb g 5s Dec 1942 J&D 120 38 West End St 5s 1944M&S 120 102 7s Sept 1947 M&S 98 Brandenburg (Germany) El Pr— 15 Extl 1st s f 6s 1953 M&N / 20 M 99% 1956-A&0 1951--J&D / 1959-F&A / A&O 1 Rys— 55% 101M oo 50 50 Appalachian Power 5s 1941 -- J&D Deb gold 6s 2024 J&J Ardmore St Ry—See Phila Co Arizona Ed 1st 5s 1948 J&J 1st 6s 1945 A&O Income 5s 1960 J&J Income 6s 1960-———A&O Arizona Power 5s 1950 F&A 1st & ref 4 Ms 1950 F&A Arkansas El & Wat 6s 1944-F&A Ark Louisiana Gas 4s 1951 J&J Ark & Mo Pow 1st 6s 1953--J&J Deb 6 Ms 1935 M&N 1st s f 7s 1953 J&J A&O Deb 6s Apr 1,1955 Berlin Elec Elev & Underg 101 Deb 6s 1975 ser A Deb 5s 1975 ser B Corp— Bergen Turnpike 5s 1951 J&J Berkshire St Ry 1st 6s '37--J&D / 109 99 M Amer Water Works & Electric— Arkansas P & L 1st 5s 113 M 98% Amer Util Service 6s 1964 „ B——J&J O.-.-A&O Bellows Falls Hydro-Elec 1st mtge 5s 1958 Amer 113 104% 32 M 39 io5" / 67 M 102% J&J Canadian L & P 5s '49 op '14 Canadian Rail & Harbor— Term 6 Ms 105 1st g 5s 1955 ser A M&S 1st g 5s 1957 ser B -J&D 1st mtge 5s 1960 ser O M&N Bell Telep Co of Pennsylvania— 48 48 80 16 J&D ' 105 Beaver Valley Water 5s '60-M&N Bell Telephone of Canada— Amer States Public Serv— M&N 103 M 70 68 (35% prin paid) 1927 F&A / / Camden & Sub Ry—See P 8 Corp Canada Nor Pow coll 5s '53-M&N Cape & Vine'd El 4s A '65--J&J „ 102 M Certificates of deposit 107 19 Ask 100 M 103 Telephone— 1st mtge 5s 1965— __M&S Calumet G & E 5Ms B 1960-J&J Calumet & South Chicago Ry— _ Beauharnois Power Corp— Coll trust s f 5s 1973 w w—A&O 11 107 43 1st & ref 5s 1948 ser Telep & Teleg— Deb 5 Ms Nov 1 1943 M&N Conv deb 4Ms 1939 J&J 25-year deb 3 Ms 1961 A&O 30-year deb 3 Ms 1966 J&D American Toll Bridge— 5Ms ser A. B & C 1937-38-F&A 5 Ms series D, 1945 F&A Amer Utilities 1st 6s 1945—J&D / Deb 6 Ms 1941 M&N / 99 M 104 % F&A Battle Creek Gas 5s ser A '46M&N Bear Mt Hud Riv Bdge Co—• 104 1st 7s 1953 A&O 8 f income 8s 1953 A&O / 50 /102 Beauharnois L H & P 5Ms'73 J&J 15" 10. 32 38 1st M 5s 1959 ser B 24 77 Am Gas & Pow deb 3-5s '53-F&A 97 95 ^ 22M Deb g 5s 2030 M&S Fuel & Pow 7s 1934-J&J Amer G & E deb 5s 2028 M&N 1st 1 5 Ms 1948 ser A Deb 6s 1938 J&J / J&J / J&J Bangor Hydro Electric— 1st mtge 3 Ms 1966 J&J Barstow (W 8) deb 6s 1942--A&O Baton Rouge Electric Co— 1st mtge 5 Ms 1954 J&D 9(5% 89 Amer Calif Water & 98" 1st _ Deb 4s series A 1975 92 Conv deb 6s 1940 M&S Am Community Power 5 Ms »1953 5 Ms Certificates of deposit 1953 Amer Elec Pow deb 6s '57 M&S15 Amer & Foreign Power Co— 90 Bid Bonds Ask Baltimore Transit Co— 40 75 105M P&A M&N Amer Rys Corp coll 4Ms Debenture 4Mb 1963 98' 100 Amarlllo Gas 6s 1939 Amer Commonwealths Power— J&J J&J 106 J&D 101 Atlantic Co Wat 5s '58 ser A M&S 105 Augusta Ry & El 1st 5s 1940 J&D Aurora Elgin & Chicago Elec Ry 1st 5s 1941 A&O / 17 77 % 84% 97 A&O Altoona & Logan Val Elec By— 1st coll 4s Jan 1 1954 J&J Am Pow & L deb 6s 2016 Atlantic City Sewerage— 1st s f 6s ser A 1956 W4- Alton Water 5s 1956 A '81* 95 83 Allegheny Gas Corp 6 Ms ctfs *43 / Alliance Power 1st 6s 1952--M&S / Deb g 6s 1952 ser Deb g 5Ms 1953 100M 93 97 M 95 J&J Atlantic City Gas 5s 1960 1st lien & ref 5s 1957. 93 101 M&S Atlantic City El 5s 1938 Gen mtge 3 Ms 1964 ^ Extlsf 7s 1952 Bid Bonds Ask "f" and income and defaulted bond* the month preceding the date of issue 101 93 101 % 99 M • 1 1 June, 1937] UTILITY BONDS ? PUBLIC 75 NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue . Bonds Bid Cities Serv deb 6s Jan '66.—M&S Deb g 5s Apr 1968 A&O Deb g 5s 1963 M&N Deb 5s 1969 M&S Conv deb 5s 1950 J&D Cities Service Gas Oo— 69 7 68 69 69 M 69 % 101 66 34M 77 OitizensWater (Washington, Pa) ;; 6s 1951 ^6%s A 1951^w^-£Iv££j&J 101M 36 (Sedalia, 80 J&D RyB of St L PS—See Un City & Sub Ry—See Wash Ry & El City of New Castle Water— _,,os 1941 ......J&D City Water (Chattanooga)— 101M 1st M 5s 1954 J&D 1st M 5s 1957 series O.-M&N 100M 105 Clarksbury-Columbus Short Route Bdge 6 Ms '52. J&D / 27 Cleveland Elec Ilium— Gen mtge 3 Ms July 1. *65.J&J 107 M ■ Cleve Southw Ry & Light— Gen & con 5s 1954 M&S / (La^ W W 1st 5s 1939F&A Coast Cos Gas & Elec— 1st sf 4s series B 1965—-M&S Co oniai Util 5 Ms June 1,1958—- 2 100% 105 54 _ 108 M 107 57 95 Colorado Cent Pow 5%s '46.J&D Co orado Power 1st 5s 53.-M&N 106M Columbia Gas & Elec Corp— Deb g 5s 1952 101% ...M&N Deb g 5s 1952 100 A&O 15 Deb 99 Jan 15, 1961 J&J 15 Columbia River Longview Bridge 6%s stamped 1953 7M A&O / Columbus Dela & Marion Elec Co x 101M 102 % 100 100 1st & ref 6s 1947 ser A... J&D 1st & ref 5s 1954 ser B...M&N 106 105-M Columbus Ry Pow & Light— 1st mtge & coll tr 4s 1965.M&N Commonwealth-Edison Co— 1st M 5s 1953 J&J 1st m col 5s 1954 ser B—J&D 1st m col 4 Ms 1956 ser C.A&O 1st m col 4 Ms 1957 ser D.J&J 1st M 4s 1981 ser F M&S 105 M 110M 111M 106 M 1st M 5s 1956 ser 1st mtge 5s 1957 i Col M 5s 1957— J 5/ l 1941 73 M 99 M 28 74M 100 32 65 M 1st conv 6s Mar 15,1945 M&S15 Duquesne Light—See Phila Co Duquesne Nat Gas 7s 1948 Duquesne Trac—See Phila Co /OALtia ui 101M 103 M East Prussia Pow 6s 1953—_ J&D E St L & Interurb Wat 5s '42 J&J 105 121M 105" 78 105 103 % 44 % 49 M 50 107 M 119 101M 110 Eastern Gas & Fuel Assoc— 1st m & coll tr 4s A 1956.M&S Eastern Iowa Pow 6Ms 1943.M&S Eastern Lt & Pow s f 5s 1964 M&N Eastern Mass Street R y Co— Ref m 4Mb 1948 A .J&J Ref m 5s 1948 B _J&J Ref 6s Jan 1948 ser O—M&S 15 Ref 6s series D 1948 Ref 6s series E 1948 Eastern Michigan Rys— 1st mtge colTtr 7s 1958-—J&J Adjt 6s due July 1958 A&O Eastern Minn Pow 5 Ms 1951 M&S Eastern Oregon Lt & Power— 5Ms series A 1951 M&S 5s series B 1953 J&J Eastern Shore Pub Service Co— 1st m 5Ms 1947ser A M&S 1st M & 1st lien 5s 1955 B M&S Easton Cons El 5s 1949.. M&N Economy Lt & Pr (111) 5s *56-J&D Edison Elec Ilium of Boston— 78" 25 20 M 31 ■ f 93 ; 96 tan 1WUO—— —JVIOGJ* Consum's Water 1st 6s A '46 M&N Deb 5 Ms series A 1970. —A&O f Contin Gas & El deb 5s 1958 F&A Continental Pub Serv 6s *40. J&D Continental Tel 5s '53— F&A E. Ill(Bkn)See 96 99 100 H 102 X 102 H 99M 75 101 103 103 100 x 65 66 M 75 7100 105 99 M / 101% 103 <. 90 96 M 97 M 105 61 46 98 106 104 M 100M 101M 102" 22 24 1953..A&O 22 103 / 37"" 27 105 / 106 28 M 29% 94% 98 91 94 93 103 103 M 94 68 ^ " 106M Corp— mm — mm mm } 99M 1 4 101% 101M 99M 90 91 101M 102% 92 5Ms June 15, 5s secured 1977 conv ser 94 100% 101% 103% 103 M 106 10-year 4Ms deb 1946 A&O Hackensack Wat 4s'52 op'12 J&J Gen&ref 5s June 15'77 A J&D15 106 M 103% 109M 109 M B.J&J notes 1938 J&J 104 Elec Co— Hamilton Gas 6 Ms A w w'37 J&D Hanover Harz Water Works— / 28 M .... 23 57 25 59 Foreign Bonds 107 Harrisburg Gas 5s 1970—-M&N Havana Elec Ry 5s 1952 F&A / 29 5 Ms (Sept'31 coup on) '51 _M&S / 3M 109 -30% 4% 82 Helena Gas & Elec 1st 6s '52 M&S 102 Hest Man & Fair Pass Ry—See P hil R T Home Tel & Tel (Ft Wayne)— 1st 68 series A 1943 105M J&J 1st 5 Ms series B 1955 104% A&O Houston Elec 1st 6s B 1950.J&D Houston Gas Securs 5s 1952.M&S Houston Gulf Gas— 24 EectrtcP&LDeb 5s 2030-F&A 82 M ist sink fund 6Ms 74 102M —_ 103 % 100 Eliz Plainf & Cent J) Eliz & Raritan • 73 See 103 1st M & col 6s 1943 ser A .A&O Deb 6 Ms 1943 with war.-A&O 92 95 94 95% 102 101M 104 103 See RivfPublic Serv J Corp Water, Light & RR—• Elmira 99" 1st & con g 5s 1956 El Paso El Co— 1st m 5s 1950 ser A 67 102 113% 84% M 86% M&N / Hamburg (Germany) Elev Undergound & St Rys 5Ms'38-.J&D / 100M 86% 85M 112 Extl g s f deb 7s 1935. 99 M 83 102 M 1st mtge 6s 1945 A&O Gulf States Utilities Co— 1st M & ref 4s ser O 1966—A&O 63 76 84% Gulf Public Service Co— Hamburg (Germany) 100 102% 82% 83 -F&A Greenwich Wat & Gas System— Col tr 5s 1952 series A A&O Col tr 5s 1952 series B A&O Gulf Coast Water 1st 5s '48.F&A Gulf Power 1st 5s 1968 A&O 4 94 104 102M 66 Green Mountain Power 1st mtge 5s 1948 83 101M 101% 101M 101 M&S 106 99M 101 98% 90% 116M 117M 100% Great Cons Elec Pow (Japan)— 1st M 7s 1944 .....F&A 1st & gen 6 Ms 1950 J&J 105 Electric: Ferries ist 7s '41..A&O Elec & Peoples. See Phila R T Electric Pow Corp (Germany)— 1st s f 6 Ms 1950 M&S 84 M 67 G^furel 6s 1953 x w__ J&D Grand Rapids Gas L 5s '39.F&A Grand Rapids Ry 1st 7s '39.M&N 103 M 85 M 70 98% Conv deb 5s 1953 J&J Conv deb 5 Ms 1939 J&J General Public Utilities— 1st M coll tr 6 Ms ser A*56.A&O 1st mtge & coll 6Ms C55.A&0 102 3% 2.20% 2.20% _ 101M 101M 100M 20 M 40 1.25% 2.20% no 1,1954 M&N Gatineau Pow 1st 5s 1956--.J&D Debenture gold 6s 1941 J&D 15 Deb 6s 1941 series B A&O General Public Service Corp— 100 100 77 M 87 M 77 96 102 I 38* 1st lien coll tr 5 Ms 1942. .M&N Great Northern Power-— 1st 5s stamped 1950 F&A Green Bay & Miss Canal— 1st & ref 4Mb 1953 M&S 85 M 90% 75% Gen 5s Nov Great Lakes Power Ltd— 1st s f 4Mb 1956 Great Lakes Utilities Co— Kings Co EL&P Eliz & Trenton RR 41 83 & Q1* 1- '65-J&J Edison El 111 (N Y)—See N Y G Edison Sault Elec4Ms, 1961 A&O M&S J&J 105 101% 102 M 102 93 95m * Called July 1 at 104M. t Called July 1 at 106. t Called July 1 at 103. Aug. 1 at 101. / This price includes accrued interest, k Last sale, n Nominal, 102 M 102 Electric Co of N J 1st 5s 1947 M&S 96" Cooper RivBri'geinc 1st 6s'58M&N / 64 Copenhagen Telephone Co— Extl s f 5s Feb 15,1954.F&A 15 100 Copper DistPow4Ms 1956--J&D Council Bluffs Gas 5s 1948..M&N 1 103 M Consumers Power Co— 1965. 94 _ 75M 22 ■ 1st mtge 6s 1942 J&J 1st m 5s 1960 ser D F&A East St Louis (111) Lt & Pow— 1st 5s 1940. J&D 95 / 101M 95% 93 100 Georgia Power & Light Co— 1st mtge 5s 1978 J&D Georgia Ry & Elec— Atlanta Cons St 5s 1939..J&J Atlanta Northern Ry Co— 1st guar 5s '54 op '90-—-J&J on 90 Jersey St Ry 5s 1944..M&N Kootenay Pow 1st 7s *42. A&O . 3 ia 1st mtge 3] uep.......Jau E. 100M 29 East 104 M 82 ........ . Durham Pub Ser 7s A '49—A&O Durham Trac 1st 5s 1941.._M&S East Coast Pub Serv 4s 1948— East Coast Utilities— 127 107M / mtge 8M 754 3M 2% * 88 94% 90 M Gas Co of New Mex 6 Ms *44 M&S Gas & El of Bergen Co 5s *49. J&D 103 M 104 f Oonsol Hydro-Elec Wks of 1st 107 M 110 M M&S J Dumbarton B'ge 6Ms to '49.J&J Duquesne Gas Corp— 101M — 1st M 5s 1958—. M<Si Consum L H & P Co (Eliz, N J) 5s 1938 J&_ Consumers Nat Gas 6s '44.M&N 114M 8M , 79 71M 87 M J&J 1944.-J&J 61 102 M lec Lt & P (Balt)f 3 Ms 1971 J& Wuerttemburg 1st 7s '£ Cons Tr (N J)—See Pub Se. Consolidated Water of Utica 5s with warrants 107 108 % 103 % ' Transit— ws 45 69 M Gary Elec & Gas Oo— 1st lien coll 5s x-w 1944 11354 6318 1948——A&O f Duluth-Superior 99 7 b 1.75 Equip trust 4Ms to 1941—F&A b 2.90 Equip trust 4Ms to 1943--M&S b 2.90 b 2.90 Equip trust 4s to 1946—M&S Galveston-Houston Elec Ry— 1st M s f g 5s 1954 opt A&O f 66 Gandy Bridge (Tampa 1 6s '45J&D d 102 99 1st mtge s f 5Ms 1957 A&O Gary Rys Co 6 Ms ser A 1945 F&A Gary Street Ry 1st 5s 1937.. A&O 2 ; Fruit Growers' Express— Equip trust 5Ms to 1938 106% J&J 1st 5s 1953 107 M 118 A 106% 2M 104 M 97 25 76M J« 21 76 M _ "WITO, 1st 4s series C 1955 103"" 40 Federated Utilities Inc— 1st lien col tr 5Ms 1957—M&S Florida Power Corp— 1st mtge 4s series C 1966.-J&D Sinking fund debs 5s 1946-J&D Florida Pow & Lt 1st 5s *54.-J&J Florida Public Service Co— 19 95M 104M Cons Gas (NY) deb4Ms *51-J& ol Oonsol Gas Utilities Co— 1st & 6s stamped /O Valley Passenger Ry 5s 1942. 58 48 U M&S Ga-Caro Pow 1st s f 5s '52._J&J Georgia Power 1st 5s 1967.-M&S 47^ 47 M mcge s 1st lien g 6s 1942 stpd 102M 101M Debenture 6s 1954 ser B._ J&D Fed'I Pow & Lt 6s Nov 1, 1965— / Federal Public Service Corp— v 1st 16s 1947——.... ..—J&D f Federal St & Pleasant 93 15 101 Gen g 4, 102 M 101M 103 M M&S 92 % 33 106 % 106 M 104 M A& 106 M Federal Light & Traction— 1st 5s (Amer series) 1942.M&S 1st 5s (Internatser) 1942..M&S Dominion Gas & Elec— 6Ms 1945 with warrants,_J&J Dortmund Munic Util (Germany) 28 A? 120M Stamped guaranteed optional Conn Riv Pow 3 Ms ser A'61 F& Connellsv Wat 5s Oct 2 '39.A& Consolidated Cities L P & Tr— 1st lien 58 1962 stamped._J& Oonsol Edison Co of N Y— Debenture 3 Ms 1946 A& 1 Fall River Elec Lt 5s 1945--J&J General Water Wks & El Con)— 1st lien & col 5s 1943 ser A. J&D Georgetown Gas Lt 1st 5s'61 F&A 104 r _ Oonsol Gas 106M F&A 24 ^ 4M 4% 80% 7 % 103 M 1st & coll trust 5s 1956 J& r Conn Ry & Lt 4Ms 1951.—J& r 1956 2Qm" Florida Telep 1st 6s 1945-A&. Fontana Un Wat 6s 1935—J&J §6" 70 110 ; 28"" 96 Connecticut Power— Debenture 3Ms 108M 105 Certificates of deposit • _ 4 F&A 126 UU.IVAOt 1st & ref M 3 Ms ser G '66. J& 25-year deb 3Ms 1956—M& Conn Ltg & Pow 5s *39 J& .67% 78% Bridge— 103 H 101 r X 107 38M 38M 4 69 Federal Water Service Corp— Conv deb 5 Ms 1954 M&N 102% 102 100M / 93 54 77 73 54 60 r w/aooct 104 mm mm 129 J&J A&O / • 24 105M A&O 100% 48 Co— J A Empire Gas & Elec and Empire Coke jt 1st & ref 5s'41 opt-M&S Ercole Marelli El Mfg Co (Italy) 1st s f 6Ms 1953 with war M&N Equit G & E Utica 5s 1942.A&O Dixie Gulf Gas Oo— 1st 6Ms 1937 A with war.M&S Dom Elec Pow 5Ms 1955—M&S 105 3 3 m ser 113M 95 ) H 106 M Empire Gas & Electric Oo— Det & Pt Huron Shore Line— 1st gold 5s 1950 Community Power Community Pub Ser Community Teleph 5s Jan Community Water Service A 1952..J&D 97 95% 106 % 103 M 94 M d 102 e 102 ^ V i 104 M 147M M&S 5s 1952 111M I [ 105% 95 28 M Gen & ref 5s ser E 1952--A&O Gen & ref M 4s ser F 1965. A&O Gen & ref M 3Ms ser G '66M&S 112 m J&D Stamped. 105 s f deb 6 Ms 1948.—M&N Certificates of deposit 5s, 1966 —M&N Detroit City Gas Co— 1st mtge 6s 1947 series A—J&J 1st mtge 5s 1950series B..A&0 Detroit Edison— Gen & ref 4Ms 1961 ser D.F&A 111 107 Ask 102% J&D 103% Non-cum inc deb 6s (w s) 1948- / Non-cum inc deb 6s (x s) 1948- / :/ Commonwealth Lt & Power— Ref & unif 7s 1962——..—J&J f Jf 7 M&S mc International 1st & ref „ 94 A&O 1st mtge s f 6 Ms 1952 Certificates of deposit S f deb g 7s 1952 78 101 1st Detroit 103 M 107 M Conv 112 Commonwealth Gas Corp— 3 Ry 1st A 1951 Erie Ltg 1st m 5s 1967 Erie & Suburban 108 J&J A ser Ry 5s 65 108 5s Jan 1 '55 Detroit & Canada Tunnel— 1st mtge s f 6s 1953 M&N Certificates of deposit 113 111 1st M 3 Ms ser H 1965—A&O Com w'lth El 5s June 1 '43.M&S Com w 1th Tel (Pa) I Com With Tel(Wis)^ Com wealth Water 5 ser 1st cons mtge 6s 1943 Des Moines Gas Co— 1st mtge 5s 1956 105M 112 105 77 105 48 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 1st mtge 4 Ms Conv deb 4 Ms 1946 Empire District Elec Co— Erie Co Electric 6s 1959 Erie Rys—1st 6s 1954 i07 102% . 10 104 Danville Tr & Pow 1st 5s '41.J&J Darby Med & Ches Ry—See Phila R Tr 105M Davenport Water 5s 1961--.J&J 107 Dawson Ry & Coal 5s 1951—J&J 106 Dayton Ltg 1st 5s 1937 M&S Dayton Power & Light— 103 M 1st & ref M 3Ms 1960—.A&O Delaware Elec Power Co— 102 M Deb 5Ms 1959 J&J Delaware Power & Light Co— 105M 1st M 4Mb 1971 J&J 102% 1st mtge g 4 Ms 1969 J&J 1G4% 1st mtge g 4ks 1969 J&J Des Moines 100 x 102 100 2 Dallas Ry & Ter 1st 6s 1951. J&J Danbury & Beth Gas 6s 1948 F&A 83 - 1st & ref 5s July 1937 J&J 1st & ref 6s (stmpd) 1937.J&J Columbus (Ga) Elec & Power— 80 1st g 5s 1952 ser O ..J&J 1st gold 5Ms 1954 ser D..J&J 1st mtge 3Ms 1967 F&A 102 M 100M ..<74 ?lec l8t 6%s '51.J&J Clinton 96 Bid Bonds El Paso Nat Gas— Gen & ref 6s General 5s 1966 —-A&O Dallas Gas 1st 6s 1941 A&O * Dallas Pow & Lt 6s 1949 J&J 1st g 7 Ms 1949 ser B J&J t 103 City Elec San Fran 5s 1937-J&J . 95 82 102 1951—-J&J 1941--M&S Pow & Lt— mtge 3 Ms 1966 A&O 49 94 99 M Cumberland Gas 6s w-s 1948M&N / 70 Cumberland Valley Telephone— 101 1st mtge 5s 1966 .--J&J 65 .100 Citizens Utilities 3% notes 1955— / Citizens Water (Scottdale)—1st 5s series A7953— J&J 92 98 Cuban Telep conv 5s 1st lien & ref 7Ms Cumberland Co (Me) 1st 65 M 105 M 90 / 47 Coll inc 6s B Oct 1 .1954—J&D 102 64 As* Crescent Public Service Co— 101M 100 Deb 5Ms 1949J&D Citizens Independent Telephone 1st mtges f 4Josser A '61—J&J £Sy ; Bid Bonds 104 County Gas of Dallas 5s '46 A&O County Gas (N J) 5s Jan 1 .1952. % 87 68 M Cities Service Power & Light/— Deb 5%s 1952 -M&N Otty Light & Traction ; 7i 67 1st M pipe line 5 Ms 1942-M&N Cities Service Gas Pipe Line Co— 1st M 6s 1943 J&J ^Mo) Sub s f 5s 1952 1st City & Ask J 69 H 68 ■ a x Called July 1 at 102. Called July 1 at 100. y 6 Basis, d Called June 1 at 102. Called June 1 at 105. e Called UTILITY BONDS PUBLIC 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 Bid Bonds Houston Light & Power 102 1st mtge 3 Ms 1966 J&D Houston Natural Gas Corp— 1st m coll 6s '43 with warr_J&D Hudson Oo Gas 6s g 1949—M&N Hunt'g'n Wat 1st M 6s '54A 1st 6s ser O 1962 102M 103 102M M&S Deb 6s 1950 25-yr 100 X Italian 98 107 104 M 109 105 M Income deb 6s 103 M 101X 97 M 94 104X 1st mtge 4 Ms ser B 1965—A&O Indiana Central Telep Oo— ' 84 M&N 107 J&J 90 M ' 91 69 69 20 25 96M 99 74 r Indianapolis Power & Light— 76 75 70 105M a1st M 5s 1957 5s, 1967 ..—J&J -J&J dianapolls Ry ser A 62 nEtt/OF' Indianapolis Wa 1st mtge 3 1966 J&J Indianapolis W W Sec Co— Secured 5s 1958 -J&J Inland Gas 6 Ms 1938 F&A J Certificates of deposit L 09M 96 99 74 14" w 17 / / / / 20 22 22 c 5 91 .... . I 7OX h» / 23 X 21M K / 71 69 / . J&D / International Hydro-Elec System 6M Debs A 6s 1948 74 99M 98 M 100 M A&O 1957M&S M&S 50 . 37 M / Ub t7 | jl f Oui JLX 104M 104M 4MS 1961 ser O— J&D 70 Kansas Elec Power— „ Kentucky El Pr lstsf 6sl960J&J Kentucky Fuel Gas Corp— 1st 6Ms 1942 with warr.-J&D ^ Kentucky-Ohio Gas 2s 1958 Kentucky Power & Light Co-— 1st m 5 Ms 1948 ser B M&S Kentucky Traction & Terminal— 1st & ref gu 5s '51 opt '14 F&A 45M 46 X 101M 102 M 117 U8M 104M 104M 102 X 102 M 108 '88 ' 1st ref 6 Ms 1954 -----J&J Kingsh'way Bdge 6 Ms 62—A&O Knoxville Trac 1st 5s 1938. _A&0 Kokomo Water Works— 1st 5s ser A 1958————- J&D Lackawanna & Wyoming Val RK 90 105 1951—--.—F&A 6s 1948 F&A 72M Laclede Gas Lt 5s 1939—-A&O 75 1st M coll tr 5 Ms 53 ser O F&A 1st col&ref 5Msl960 ser D F&A 6s coll notes ser A1942—F&A 7M 6s coll notes ser B 1942—.F&A ,74M La Crosse Telep 5 Ms 1948- -J&J 68 81 69 73 J&J 73 M f 50 60 52 53M 40 89 96 79 Interstate Telep Co— 1st M 5s 1961 A&O Interstate Tel & Tel 5 Ms 1953J&J Interstate Wat 6s ser A 1940-F&A 74M 1 1st mtge 4Ms 1952 Maritime Tel & Tel— 84 84 52 83 M 88 116 44 55" 100 101H 101 102 M 106 104 105 103 % 92 103M b Basis. 98 1st 5s 56..J&D J&J A. A&O Long Island Water 5 Ms *55 M&N Lorain Telep 1st 5s 1958....J&D McGavock & Mt Vernon Horse RR 1st 6s 1937—-.—-—J&J 100M Memphis Power & Light Co—1st & ref 5s 1948 ser A J&J 90 M 108 109 113 M 89 iWx 96 106 M 92 98 105 1st & ref 4 Ms 92K 104 97 1978 ser C—A&O Memphis Street Ry— 3-5s series A 1945 3-5s series B 1945 Meridionale Electric Oo— 1st s f 7s 1957 ser A Metropolitan Edison 50 30 ...— , 83 A&O Co— 106 X 1968 ser D—-M&S 103 1st M 4s 1971 ser E—M&N 103 1st mtge 4s ser G 1965—-M&N 95 Metrop Edison Corp 6s '61 .M&S Metro Wat Sewer—See Fgn bds Metropolitan West Side "L"— 11 1st gold 4s 1938 .—F&A 10M Certificates of deposit——10 M Ext«n gold 4s 1938..-----J&J 10 Certificates of deposit . .... 58 M Mexican El L 1st M g 5s 42.J&J 39 Mex Lt & Pow 1st 5s 40 s f--F&A 50 Mexican Utilities 7s 1939---A&0 53 Miami Bridge income deb 6s 1952 / Michigan Associated Telep Oo— 102 1st M 5s 1961.-.---— A&O 55 Mich Fuel & Lt 6s A 1950—J&D f 1st M 4Mb '20 ' 21M 2 f 93 M 59 X P 60 51M 62 102 M 102 M 102 102M 1 72 94 M 110 77 95 Michigan Gas & Elec 1st & ref 6s 1943 102 M 102 M 79 81 84 45 ' W 8* loir 100M 104M §7M 90 106M 105 X : 6s 1938. —M&S Milwaukee Elec Ry & Light-— 1st & ref 5s 1961 ser B—J&D 1st M 5s 1971 ---J&J Milwaukee Gas Light Oo— Midland Util deb — 1st M 4Ms 1967—-----M&S 105 M 99 M 103 M 106 101 105 101 102 M Mississippi River Pow 5s 103 M 102 M 73 M 74 104 M 68 72" — '51-J&J 1, 1947 M&N Miss Val Pub Ser 1st 5s '54.J&D Deb os May n Nominal. SOX 101 94 118 104 80 J&J . Middle Western Tel 6s 1943 J&J Conv deb 6s 1939—-—-M&N Minneapolis Gas Light Oo— 1st mtge 4s 1950 ——-J&D Minnesota Nor Pr it 6s 1944 A&O Minnesota Power & Light Oo— 1st & ref 5s 1955 -J&D 1st & ref 4 Ms 1978. M&N Mississippi Power Oo— 1st & ref 5s 1955 ..M&S Mississippi Power & Light— 1st M 5s 1957.. —-—-J&D 102 100 90 Michigan 1st g 5s 1947 ser A.—.--A&O Middle States Telep 6s A *47-J&J Middlesex & Boston St Ry-1st and ref mtge 5 Ms 1942 J&J Middlesex Elec Lt Pow 5s *55 J&J Middlesex Water 5 Ms 1957-A&O Middlesex & Somerset Trac— 5s 1950 100 95M M&S —J&D Public Service Co— 76 43 M 98 Oo— 1st M 5s 1956 104 93 k Last sale, 4s Ref & gen ibix 104 100 / Price includes accrued Interest, 97M _ J&J * 104 J&J 111 series C 1967-J&J 101 1953——..J&J 5s 1941..J&D Lincoln Pub Serv 5s 1939—J&J Little Rock Ry & El 6s '38A&O Lockhart Power 4Ms 1955..J&D Long Island Lighting— Secured g 6s 19451. Conv deb g_5 Ms '52 ser A&O Ref & gen 5s ser A 1956 Ref & gen 6-4Ms ser B 1966 100 PowColst5s 68J&J Long Beach Gas J&D Telep 2-5Ms 1949—A&O / ^.■y'cmmmm 99 M&S Lombard Elec Co (Italy)— 1st extl 7s 1952—-------.J&D Lone Star Gas s f 5s 1942—M&N 22 100 79"" 99 M _ 86 M 115 f 101M 149 X 104M 98 76 — 54" 93 93 Ry—See P R T Ry (San Francisco)— 1st s f 78 1940 ser A Jan Maryland Light & Power— 1st M 5 Ms 1950 ser A J&J Mass Utilities Associates— S f deb 5s 1949 ser A -A&O Massillon El & Gas 1st 5s 56 J&J Maysville P Serv 5Ms A 1942A&0 Lincoln Gas & Elec 99 91 91 Market St Lexington Util 1st 5s 1952.-F&A Lexington Wat ref 5Ms 1940.F&A LexingtonWat 77 / / Market St El Pass Leipzig Overland Pow 6 Ms 46— Lewiston Gas Lt 3 Ms O 56-A&O Lex (Ky) Ry—See Ky Tr & Term Lexington (Ky) Tel— 1944. mm mm 75 J&D 1941... 105M Superior Dist Pow-— 1st M 6s w w 8 35M 19 X Marion-Reserve Power— 94 100 X Conv deb 5Ms 99M 96 101 Investors Telephone 3s 1961--..Iowa Electric Co— 1st 4s ser A 1961 J&J Iowa El Lt & Pr 7s ser O '42.F&A 97 M 80 74M . f 91 A-..J&J 99 Lawrence 82 65 40 X 92 M 1937.-A&O ser 106 1st mtge 3 Ms ser A 1966- - A&O Lancaster Co Ry & Lt 5s 1951 J&J 62" 103 . 1952 ser B—J&J Elec Cos 99 X 104 1952..-M&N 6s 33 J&J Gen gold 5s Feb 1, 1933—F&A Lake Sh Gas 1st 5 Ms 1950.-M&N (Mass) Gas & Elec— 1st M 4 Ms 1940 ser B F&A Lehigh Power Securities— Deb g 6s 2026 ser A F&A Lehigh Valley Transit— 1st extend 4s 1945.— J&D Ref & impt g 5s 1960 J&D 1st extend 5s 1945-.-—-.-J&D 99 Co Ltd—- 103 6s 1946.A&O B 1949..M&S 94 1st M s f 5 Ms 81 79M 98 Mannheim & Palatinate 1?* Lake Erie Pow & Lt 92 97 59 Manitoba Power 1st M s f 5MS 15-year s f 7s Debentures Lake 97 M 5s 5 Ms 1st lien coll tr KingsCoElev—See Bklyn-Queens Kings Co Gas & 111 1st 5s '40 A&O Kings Co Ltg 1st rGf 5s '54.-J&J 70M Corp-— 53 M&S Manila Gas Co-— 98M 20M 107 X J&D gold 4s 2013 34 96 M 90 Manila Elec RR & Ltg 30 '37.A&0 76 108 M 1st lien & colltr Purch money 6s g 1997 _-A&O Edison El Iil Blkyn 4s '39-J&J 70 A&O W(Germ'y) M&N / 1st & ref 6s 1954 M&S 107 M Debenture 7s 1944 J&J 116M 97 X MacLaren-Que Pow 5Ms Febl'61 98 5Ms series B 1964-. M&S 105 Macon Ry & Light 1st 5s '53 .J&J 16 Madison Rys 1st g 5s 1936--M&N / 102 Malone (N V) L & P 5Ms*56-J&J / 45 Manchester Terminal 6Ms 1941 5 Gen 8 f 7s ww 1941———A&O / Manhattan Ry con 4s g 90. _A&0 / 39M 34 X Cent Hanover Bk ctfs of dep. f f 15 2d 14 M&N 1st & ref 5 Ms ser 1st & ref 6s ser O 1955 f 5s ser A Si to 1st 5s 101M 100M s Luzerne Co (Pa) Gas & Elec— 1st ref&Imp g 5s'48 op'13 A&O 111M Keystone Telephone Co— 1st & ref 5 Ms 1955 ser A..J&D 1st 1 & ref 08 1951 ser B—A&O 25 M 1st Luneburg Pow L & W 1st M s f 7s 1948 2M Kewanee(Ill)Pub Ser 6s A '49 J&J Key West Electric 5s 1956--F&A Keystone Pub Serv— 25 78 Lower St Lawrence Power— 104M 104 M 102 M Lexington Ry 1st 5s 1949.J&D Kentucky Utilities Oo— 1st M 6 Ms Sept *48 ser D M&S 1st M 5 M« 1955 ser F A&O 1st M 5s 1961 series G F&A SsseriesH 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 Kings Oo E L & P 1st 5s 105 X 11 „ 1st M 5s 1978 101 115 101 96 A 1966-M&S 106 Lower Austrian Hydro-Elec— 1stsf g6Ms 1944 F&A / 93M _ „ 70 105 X Lowell Gas Light— ' 1st mtge 3 Ms ser A 1966-J&D Kansas Gas & Electric— Deb gold 6s 2022 ser A—M&S 1st mtge 4 Ms 1980 J&D Kansas Pow 1st 5s 1947—M&S Kansas Power & Light Oo— „ 1st mtge 4 Ms 1965 M&N „ 39M 104 —— 00 82 92 1st mtge 4Mb ser J&D 1943 8 : M&N 70 68M Buff & Lock 1st g 5s 1938. .J&J Internat Ry ref 5s '62 op.M&N International Telep & Teleg— Deb g 4Ms 1952 J&J 1st 1 & ref 5s 1961 ser B—.M&S Iowa Pow & Lt 1st 4 Ms 1958 M&S Iowa Pub Serv 1st 5s 1957—J&D Deb 5s 1968 M&S 1st mtge 5Ms 1959... M&S nphenture 6s 1960 M&N A 1952 Lake Sh Elec 1st con g International Railway (Buffalo)Buff Trac 1st 5s 1948 J&D Iowa-Nebraska Lt & Power— 1st lien & ref 5s '57 ser A..M&N ser ' 65 Debentures 6s 1955 J&J International Power Sec Corp— 6 M % sec bonds 1955 ser C J&D Sec 7s 1957 ser E F&A Sec 7s 1952 ser F J&J15 Deb 5s 1955 F&A Int-State Bridge 4-6 Ms '50 M&N Interstate Gas & El 6s 1951—J&D Interstate Power 1st 5s '57 J&J Deb gold 6s 1952 J&J 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 1st & ref 4Mb *58 ser F—.M&S Interstate Rys 4s 1943——.F&A 101 72 M / Intercontinents Power Co— 106 64 . 87 X 86 107 X 68M osx r J&D 1960-J&J Galled July 1 at 104. 105 M 100M Indianapolis Columbus & South¬ ern Traction 1st 6s 1948--F&A Indianapolis Gas 5s 1952-..A&O • 102 M 116 1st & ref M 5s Jan 1,1950-J&J 1st 1 & ref 5s 1963 F&A Indiana & S W Gas & Util— 1st mtge 4s ser E 1955. 97 107 X 111 107 Indiana By & Lt 1st 5s '43—J&J Indiana Service Corp— Iowa-Ill 55 ,49 ----- Cons mtge 3s B Dec 31 1962—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 100 §7 M 82 M&N 1939 103 M 102 M 88 99 Indiana & Mich El 5s 1957—F&A 1st & ref 5s 1955M&S Indiana Pr 1st 7 Ms *41 A .M&N Conv deb 4M* 62 54 _ Jer City Hob & Pat—See P S Oorp Johnstown Traction 4s Dec '31'62 98M 1st M 6s 1947 series A—.M&N 1st M 0Ms 1953 series B—F&A 1st M 5s 1951 series O M&S Indiana Gas Utilities 5s 1946.J&J Conv deb 6s 1944 w w Internat'l Pow Ltd 6Ms Deb 6s 1957 107M 94M 101M 1st mtge 5s 1952 series A..J&J Indiana Assoc Telegraph— Sinking fund deb 7s 1938-F&A Inland Pow & L s f 6s '36 A.M&S Coll tr s f 6s 1941 ser B—.M&N Coll tr 6s 1957 ser O A&O Deb sf 7s 1935 J&D Inland Telep 1st 6s 1948 A&O Inter borough Rapid Transit— 1st & ref g 5s '66 op tax-ex.J&J Certificates of deposit 6% notes 1932 A&O Certificates of deposit-. Convg 7% note 1932 M&S Certificates of deposit XOU 1st M _ notes 1940 75 60 v f James River Bridge Corp— 1st sink fund 6Ms 1958—-J&J 76 1Q6X 1st & ref 6s 1953 series A—A&O 1st & ref 5Ms 1954 ser B—J&D 1st & ref 5s 1966ser O J&D 8 f deb 5Ms 1957 M&S Illinois Water Service Qo— conv 69 warr)-J&J , Angeles Railway Corp— s f g 5s 1940 J&D Angeles Ry 5s 1938. _A&0 Los Ang Trac 1st cons 5s '38-J&D Louisiana Pow & Light Co— 1st mtge 5s 1957 J&D Louisville Gas & Elec Co (Ky)—■ 1st & ref M 3 Ms 1966 M&S Loukv Ltg 5s '53 unstmpd. - A&O Louisv Ry cons ext 5Ms 1940J&J 2d 4 Ms 1940 M&S General 5s 1950 F&A 1st & ref Los 22^ 98 64 Illinois Northern Utilities Oo— 1st & ref 5s 19 5 / opt A&O Illinois Power & Light Corp-— 6% Los 94 „ _ 63 (without (Fla) Gas— 5s stamped 1942 119 97 1st mtge 5s 1960 ser B—M&S 111 Community Tel 6s 1949..J&J Indiana Telep 5s A (ws) 100 102 92M M&N (Italy)— M&N Jacksonv „ mtge 5s 1958 ssr A 99 101 s f 5Ms 1953 ser A..M&S Superpower Corp— Deb gs 7s Illinois Commercial Telep— 1st 5s series A 1948 —M&S 1st A Deb 6s 105 118 103 108 105 Idaho Power 1st 5s 1947—.J&J Illinois Bell Tel 3 Ms B 70—A&O Indiana General Service— 1st M 5s 1948 Indiana Hydro-EIcc Power-— Bonds Los Ang Pac Co—See Pac El Ry Los Ang & Pac RR-See Pac El Ry Island Gas & Electric— 104 M 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 1st lien coll 5 Ms 1938 Indiana Electric Corp— ser Isarco Hydro-Elec Oo 1st M s f 7s 1952 Bid Ask Bid Bonds Iowa Southern Utilities— 1st & ref 5 Ms 1950 J&J 1st & ref 5 Ms July 1 '50-M&N 105 M 120 M&S -A&O 1st M 5s 1954 ser B Ask and income knd defaulted bonds month preceding the date of issue 77 j 50~" 100 100M 99 103 M 99 103 98M 78 85! 108]. 102 M 105M • June, 1937] UTILITY PUBLIC BONDS NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue Bonds Bonds Missouri Edison 1st 6 fts *47 J&D Missouri Gas & Elec 6s A *44 M&S / 1st & ref 5s ser B 1057 J&J / .1st 4r5s 1956——— Missouri Power 1st mtge 3 fts Missouri Public First mtge 5s A&O 62 60 77 & Light— 1966 J&D Service Co— A—F&A 1st s f 5a 1960 F&A Missouri Riv Sioux City Bdge— lstsf 6s 1953 1 M&S Mobile Bay Bridge 7s 1951.J&J 2d sinking fund7s 1951 J&J Mobile Gas Service Corp— 1947 ser 98ft 'B 88 94 47 1st 5s 1956 _A&0 / 1st cum inc 9s ser A *56—A&O / Income 7s 1956 . 90 Mob Lt & RR 1st g A&O / 5s '37--J&D M&S Cons g 5s 1941 Monmouth Cons Wat 5s '56. J&D Monongahela Light & Pow Co— 1st M .5s 1949 J&D . 70 50 50 65 58 96 115 Monongahela Valley Water— •_ l«t M 5fts 1950 series A—J&J 101 Monongahela West Penn Pub Ser 102 ft 102 ft 100 Ext 1st 5fts-6fts 1944I-.J&J 94ft Montana Power—* 1st & ref mtge 3 fts 1966--J&D Montreal Isl Pow 5fts 1957 M&N 1st & colls f3fts 1956 Municipal Serv coil 6s 1956-F&A Mut Fuel Gas-See Peoples GL&C Mutual Un Tel—See West Un Tel 105 ft 76ft 94ft 7 fts 1938— Ohio Valley Water 5s 1954—J&J Ohio Water Serv 5s A 1958-F&A 107ft 98 50ft 98ft 101ft 86 ft Oft oo 1 ✓ ph 82 ft 80 73" 19 95 96 70" 99 1st M 4 fts 1980 M&S 100ft 1st 4 fts 1960---------- -M&S 1st M 6s 1952 J&J ♦111 New York State Rys— 1st con g 4fts '62 op *13--M&N Certificates of deposit 1/ 1st con 6fts 1962 M&N Certificates of deposit N Y Steam 6s 1947 M&N 1st M 5s 1951 M&N 1st M 5s 1956 —M&N N Y Tel 1st 4 fts '39 tax ex.M&N 8 8ft 107ft 107ft 106ft 106ft 106ft 107ft 88ft 118ft 104 101ft 67 67 93! 100 121ft 119ft 107ft 89ft 102ft 107ft 85 68ft 104 103 ft 103 ft 102 ft 15 ft , North Shore Electric Co— 1st & ref g 5s '40 op '20—A&O North Shore Gas Co of Illinois— Joint 1st mtge 4s ser A '42-J&J Northeastern Public Service— 5fts ctfs of deposit 1961—J&J North Ind Gas & El 6s '52—M&N Northern Ind Pub Serv— 69ft 1st lien & ref 1st lien & ref 1st lien & ref 1st lien & ref 1st & ref 5s 1956 1st & ref 5s 1962 ser 106 114* 103* 103 ft 104* 101 103" 101 102 101 96* M&N Certificates of deposit-Northwestern Light & Power 6s SeXies B 1950 f 96ft 22 24 71* 42 liH 66 69 27 31 1st M / 104* / / / 13 12* 16* I 14 s f conv 6s '60 ser 'M14 13 ft 18 17 80 A.J&J f 80 Sorv Co— 1st M 5s ser A 1957 N western Teleg 1st 4 99* 107* J&J fts.'44.J&J ser Ref mtge 3 fts ser C 1966.J&D Parr Shoals Pow 5s 1952-.-A&O Passaic & Newark El Traction— 5s 1937 Paterson & J&D Gas & Elec 5s 1949 M&S Paterson & State Line Traction— 5s 1964 J&J 95 j 85 96ft 116ft 117ft 102ft 103 98 97ft 113ft }14ft 104 105 18 20 74 100ft 100 ft 94 74ft 101 ^ 100ft 97 100 118 Penn-Jersey Water— 1st coll 5 fts 1960—F&A Penn-Ohio Edison Co— Deb g 6s 1950 ser A ex-w.M&N Deb 5 fts 1959 ser B F&A Penn Pub S 1st 6s ser O '47-M&N 1st & ref 5s series D 1954 .J&D — 104 Paterson Ry—See Pub Serv Corp Pecos Valley Power & Light Co 1st extonded 6 fts 1950--M&N 87 Non-cum inc deb 6s 1950-M&N f 38 Penn Central Light & Power Co— 1st & ref 4 fts 1977 92ft M&N 1st 5s 1979 100 ft M&N 89 93ft 102 92 94 99 96 101 98 107 ft 106 ft 102 102ft Pennsylvania Electric Co. 1st & ref 4s 1971 ser F M&N 1st & ref 5s ser H 1962 A&O Pennsylvania Gas & Elec Corp— Deb gold 6s 1976 ser A—-M&S Pennsylvania Gas & Elec Co— 1st 1 & ref 5 fts '55 ser A..M&S 1st L &Ry 5s 1958 M&S 100 ft „ Deb 6s 1940 90 98ft 99 89ft 90 ft 85 87 91 89 J&D 1103 Pennsylvania Pow & Light Co— 1st coll trust 4fts 1966 " b Basis, 83 Passaic consol gold ^ 105 105ft 83 ft Pacific Northwest Pub Serv— Conv deb 6s 1950 M&S / Pacific Power & Light Co— 1st M 5s 1955—— F&A M&N Penn Telep 1st M 4s 1965..A&O F&A Penn Water & Pow a f 5s '40 J&J lstref 4fts 1968 ser B ] $ Called^June 1 at|103. 105 ft G 1964—J&D 1st & *ef M 3 fts ser H '61 J&D 1st & ref M 3 ft s ser 11966_ J&D Pacific Light & Power Corp— Pac L & P Co 1st 5s 1942.J&J Pac Ltg Corp deb 4fts 1945-A&O 1st M 4fts 1981 ..A&O Pennsylvania State Water Corp— 105 t Called June l.at4105. 100 56ft „ Newp News & Hamp Ry G & E * 101ft „ 105ft 83 F&A Certificates of deposit 105ft , — Northwestern Power Co Ltd— Northwestern.Pub 104ft - 1st & ref M 3 fts 1967— .F&A fts May 1 '69 N west Cities Gas 6s 1949—.J&J Northwest Louisiana Gas— 1st M 6fts 1936with warr.J&D Northwestern Electric— 1st 6s stamped 1945 M&N Northwestern Elevated (Chic)— 1st mtge 5s 1941 opt M&S Certificates of deposit Union El (Loop) 5s g '45—A&O 106ft Pacific Teleph & Telegraph— Ref mtge 3 ft s ser B1966- A&O 103 Northern Texas Elec Co— Coll tr i f g 5s 1940 opt—.J&J / Northern Utilities Co— 1st lien 4-6s 1968 8 f reg income 3-6 105ft 102 ft - Northern States Power Co— —T 109ft 45 90ft 1st & ref M 4s 109ft 101ft 99* 62 112ft 101 ft 1st & ref mtge 5s 1943.M&S Pacific Gas & Electric Co— 1st & ref M 6s 1941 ser B-J&D 120 A—.J&D A&O ,60 110ft Refunding 5s 1961 -——M&S Los Angeles Pacific Co—, lstref g 4s 1950opt *15-J&J Los Angeles PacificRR— 101ft 96ft 102 87 lstsf 5s 1952 M&S Pacific Coast Power 5s 1940-M&S Pacific Elec Ry g 5s 1942.J&J 101* 5fts ser D '49J&D 1st lien & ref 5s 1955 ser E. J&D Watertown L & P 5s 1959-J&J Northern Okia Gas 1st 5s '46.J&J Northern Penna Power Co-— 72ft 84 88ft __ 105 26ft 71ft Ozark Power & Water Co— 100* 7s 1946 A...M&N 6s 1947 B_._M&N 6s 1943 O—_M&N 65" 25 \f 89ft 63 -—- 52 96* 102 88 ft 95 ft Ottawa Trac 1st 5 fts July'55 J&D Ottawa Valley Power Co— 1st M s f 5 fts 1970 A&O Otter Tail Power Co (Minn)— 1st mtge 4s 1961 .——J&J 102ft 93 1st & ref 5s 1966 ser O M&N 1st & ref 5s 1969 ser D M&S 1st & ref M 4 fts 1970 ser E J&D Northern N Y Utilities Inc— 1st M & ref 5s 1963 J&J ,97ft i 101ft 104 93 7 97 107* 99 ft 103ft Oregon-Washington Water Serv— 105ft , 98ft 102ft 1st M 5s 1957 ser A J&D Oslo Gas & El Works (Norway)— Extl sink fund 5s 1963 M&S Ottawa L H & Power— Ref & coll tr 5s 1957 ser A. A&O 104 107 / 77 Orange & Pas Val R—See PS Corp Oregon Elec Ry 5s '33 opt. _M&N 88 103ft 68 Omaha & Council Bluffs St Ry— 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 102ft 105 xt 94ft 107 52 67 67 89; Conv deb 5s 1946 —M&N Oklahoma Power & Water 1st M 5s 1948 ser A F&A 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 & Ooun Bluffs Ry & Br 1st s f 6s 1947 ——A&O Lighting— See N Y Gas Elec Lt & Pow Niagara Falls Power— 1st & ref 3 fts 1966 M&S Niagara Lockport & Ont Power— 1st & ref 5s 1955 ser A A&O Nippon Elec Pow Ltd 1st mtge 6 fts 1953———J&J Norf & Ports Bdge 6fts '47--F&A sB< North American Co.— Deb 5s 1961 F&A North American Edison Co— Conv deb 5s 1957 ser AJ.M&S Deb 5fts 1963 ser B F&A15 Deb 5s Nov 15 '69 ser O M&N15 Nor Amer Gas & El 6s 1944 100ft / 40 Oklahoma Gas & Electric— 1st mtge 3 fts 1966 J&D Debentures 4s 1946— J&D Oklahoma Natural Gas— 1st mtge 4fts ser A 1951-M&N 8ft 8 N Y Water Service Corp— 1st M 5s 1951 ser A.—M&N N Y & Westchester ■ 109 ft 103 ft 106 Ohio Valley Gas Corp— 1st 6fts 1943 (with warr)__J&J 1st & ref 5s 1955 series B—J&D 95 5s stamped 1942—_ 88 Inc 6s Nov 1949 ser A J&D / 80 Newport & Fall River St Ry4fts 1954 J&J 103 Newport Gas Lt 5s A 1961.-J&D 103ft Called July 1 at 110. 111ft 106ft 95 118 New Orleans Pub Service Co— 1st & ref 5sl952 series A..A&O 111ft Ohio Term (Oleve) 6s 1947--J&D Ohio Val Elec Ry 1st M 5s *46 J&D . * V 1 st & ref 5s 1954 ser D M&S 1st & ref 5 fts ser E 1961 M&N Ohio River Bridge & Ferry 5s .'42 105 ft 105 ft 118ft _. N. Y. & Richmond Gas Co— 1st ref M 6s 1951 ser A—M&N N Y State El & Gas Corp— 1st mtge 4s 1965 F&A 1st 4fts 1961 ser B Newfoundland Light & 104 5fts 1971— J&J 1st s f 4fts 1956———J&J 100 New Haven Water— 1st & ref 4 fts A 1957 J&D 1105 1st & ref 4Kb B 1970 A&O 112ft 1st & ref 4fts O 1981 113 M&S 113 4fts 1983-—1—.———.M&N N J & Hud Riv Ry & Ferry— 1st gold 4s 1950 72 —M&S N J Tow & Lt 1st 4fts '60--A&O 106ft New Jersey Water Co— 1st mtge 5s 1950———-F&A 100 New Mex Gas conv 5s 1951 M&N 96ft New Mexico Power— 1st mtge 5s 1958 92 —J&J New Orleans City & Lake— 1st s f 5s 1943———J&J 102 ft New Orleans City RR 5s 1943 102 1944 J&J Newp News & Old Pt Ry & El 1st g 5s Nov 11938 M&N 104 ft 1st & ref 4 fts 1956 ser D.J&D Deb g 6s 2024—J&D Ohio Public Service Co— 1st M & ref 7 fts *46 ser A. A&O 1st & ref 7s 1947 ser B .F&A 1st & ref 6s 1953 series O-M&S 111ft 9 G E L H & P 1st & ref 5s 105ft 104 North Penn Gas Co— 1st M & lien 5fts 1957—M&N M&N Ohio Elec Pow 1st M 5s '57-J&D Ohio L & Pow 1st 5s 1944--M&N Ohio Pow 1st & ref 5s 1952 B J&J 114 (Hoboken. N J) 5s 1938-A&O Conv deb 5s 1950 M&N Convertible deb 5s 1962-—J&J New Engl Pow Assn 5s 1948.A&O Deb 5fts 1954 J&D New England Power— 118 112 40 Debenture gold 5s 1978.-F&A Certificates of deposit Nat Toll Bridge 6s stmp *39.J&J Nebraska Pow 1st 4fts 1981-J&D Deb 6s 2022 M&S Nev Calif Elec 1st 5s 1956—A&O Deb 6s July 1941—J&J New Amsterdam Gas—See N Y ———J 87 104ft 99 ft 92 ft 106ft A_J&J 103ft 1st coll & ref 5fts *48 ser A. J&J North Hudson Lt H & P Co— Newcastle (City of) W 5s '41 J&D New England G & E Association Deb g 5s 1947 M&S Conv deb 5s 1948 J&D ser 112ft North Carolina Gas 6s 1948 North Central Gas 5 fts 1955 A&O North Continent Utilities Corp— Newark Cons Gas con 5s *48.J&D New Brunswick (NJ) Lt H & Pow 5fts *53 Ohio Edison 1st & con 4s '65 M&N 1st mtge 3fts 1972 J&J 135 110 110 103 ft North Amer Light & Power Co— S f deb 5fts 1956 J&J Newark Gas 6s Apr 1 1944—Q-J M coll tr 99 95ft / Bway & 7th Ave 5s 1943— Deb 5s 2030 ser B -M&N Nat Public Service Corp— J&D M&N Power— fflii 123 113ft Assoc Telep 4 fts 1966-J&D Cent Telep 1st 6s '47--J&J Cities Water Corp— Bleeck St & F F 1st 4s '50-J&J / Nat Gas & El Corp 5s 1953.F&A Nat Lt Heat & Pow 7s 1938-M&S Nat Lt & Pow 6s 1949 M&N Nat Pow & L deb 6s 2026 A-F&A 3fts series A 1961 New England Tel & Tel— 1st 5s 1952 series A 113ft Ohio Ohio Ohio 1st 102ft Ref & ext gold 5s 1958 J&J Nassau El RR—See Bklyn Queens Nassau & Suff Ltge 5s 1945--F&A Nat Elec Pow Co deb 5s 1978 J&J 4s Dec 15 1939—- 121ft 100 ft 100ft 20 38 108ft / 103 Narrangansett Elec Co— 1st mtge 3 fts 1966 J&J Nashville Gas & Heating Co— 1st M gold 5s 1937 guar—M&N 6s 1937 (not guar) M&N Nashville Railway & Light— Cons g 5s 1953 opt 1908—J&J ^ 99ft 100ft 93ft 97ft 105 stpd 1958-—.J&J AdJ income 6s Jan 1 1965--Apr / 50ft 104ft / 68 uta— 6 fts w th stock 1947-——J&D Ogden Gas 6s 1945 M&N — 50ft 97ft F&A utilities, 1st ref 6-7s ser A 1949 J&D Nova Scotia Light & Power Co— 1st M s f 4s 1957 —J&D Oberpfalz Elec 7s 1946 J&D / Ocean City Coastal Highw Bdge— m 94ft Montreal Tramways— 1st & ref g 5s 1041 100ft opt—J&J Gen & ref 5s 1955 series A. A&O Gen & ref 5s 1955 ser B A&O Gen & ref s f 4fts *55 ser O A&O Gen & ref 5s 1955 ser D.A&O 104 Morgantown Water 5s 1965—J&J Mount Hope Bridge 5s 1969. J&D 71 2d income 8s Dec 15 1969 / 17 Mountain States Power Co— 1st & ref 5s 1938 93 J&J 1st M 6s 1938 series B 94 J&J 105 ft Muncle Wat Works 5s 1965.M&N BondB niortnwestem •»<*■»«» 103 ft Montreal Lt Ht & Pow Consol— 3% conv deb 1939-—J&J . Newport Water 5s 19W--—-—— 64 New Rochelle Wat 5 fts 51.M&N 1st 5s series B 1951—-—M&N 78ft N Y Cent Elec 1st 5fts '50.M&S 1st 5s 1952—— ——J&J 99 N Y & East River Gas—See N Y G E L H & P— 75 New York Edison Co— 85 1st 1 & ref 3 fts ser D 1965. A&O 1st lien & re. 3 fts ser E'66 A&O 92 N Y Gas Elec L H & P Co— 96 1st g 5s Dec. 1 1948--—J&D 49 Pur mon coll tr 4s 1949—-F&A Ed El 111 N Y con g fw'95 J&J New Amster Gas 5s 1948—J&J NY & ER Gas 1st g 5s *44- J&J Con 5s 1945—--——-J&J NY&Westch Ltg 4s 2004-J&J 61" Deb g 5s 1954 op guar..J&J 99 N Y Power & Light Corp— 1st mtge 4fts 1967—-——A&O N Y & Queens Elec Lt & Pow—1st & cons M 3 fts 1965—M&N New York Rys Corp—„ Prior lien 6s 1st & gen mtge 4 fts 1960-A&O Debenture 6s 1965 A&O Mont Cities Gas 7s A1937—M&N Montana-Dakota Power— % Ask 93 100ft 100ft 94ft 104 95ft 104ft 109ft 106ft 108 ' This price includes accrued interest. 102 n 109 ft Nominal NOTICE—All bond prices are "and interest" except where marked Quotations for all securities are as near as possible for the closing day of i i Bid Bonds 67 F & A Penn Wat Serv 5s ser A _ 119 - Chic G L & O 1st J&J 5s,1937 32 115" 114* Mutual Fuel Gas g 5s* 47 M&N Peoples Light & Power Corp—■ 1st lien 5 Ms 1941 J&J 1 89 J&J * Oonv deb 5s 1979— 3-6s 1961 100 „ 88 „ 7 1948——-.-M&N M&N 1st con 5s 1948 M&N 1st & ref 5s 1950. F&A 1st consol 4s 99 M 100* 103 M 100 M Prior lien 5s 1948 Debenture 4s 1950 90* i55" Philadelphia Company— Secured gold 5s 1967----- - J&D 100* 100* i37 Ardmore Street 5s 1958.-A&O 104* Duquesne Lt 1st 3 Ms '65-J&D / 80 Duquesne Trac 1st 5s *30-.J&J - Plttsb 40 40* 36* 38 102* F& 102* 109* 3Msl967—M& Elec Power Co—- 1st mtge 5 Ms 1972 Phila & Garretsford St 1st 5s 1955 96" 38* 34* • Philadelphia Electric— 1st & ref mtge , 38 2d Ave Tr 1st 5s 1934——J&D So Trac 1st & coll tr g 5s'50A&0 United Trac 5s 1997 ctfe--J&J West End Trac con 5s '38-J&J Philadelphia 105 92 A&O Rys 5s 1953 40 110 Ry— 57 ' F& Philadelphia Rapid Transit—_ 60 .; 83* 1957 opt s f—F& 1962 68 gold 1962 M& 1st m r e 6s 1944----J&J Darby Media & Ches St R f 1st 4 Ms 1936 J& Hest Mantua & Falrm 5 Ms 39 Coll tr g 5s S f guar 5s 84* 85 90* 98* 93* 100 23 1965—-------M&S I960-J&J Hydro-El Co (Italy)— Phila & Western Ry 5s 1st & ref s f 6 Ms I960 ser Pinellas Wat Co 5 Ms ;13* 20 11 7 106 14 70 109 Extl deb 6s 1953 J&J / Rhine-Westphalia El Pr (Germ'y) Mtge g 7s 1950 M&N / Direct mtge 6s 1952 M&N / Con mtge 6s 1953 —F&A / Cons 6s 1955 A&O / 7% sec notes 1936— F&A f / 6s 1941 A A&O ; 1959.M&S 94 97 v.: 40 <k i9* 78* 77 75 103* Portland (Me) Gas L 5s A 50 A&O Portland General Elec Co— 59* 1st & ref 4Ms I960--—M&S 106 1st M 5s exten to 1950----J&J 65* Portland (Me) RR 3 Ms 1951.-J&J 87 1st 1 & con m 5s 1945--M&N 100 Porto Rican Power 6s 1950-M&N 96 Porto Rican Rys Ltd 5s 1962M&N 102 Porto Rico Telep 6s 1944- --J&D / 25* Postal Teleg & Cable 5s 53-J&J Potomac Edison Co— 107* 1st mtge 5s 1956 ser E—M&N 106* 1st M 4Mb 1961 series F—A&O Potomac El Pow— 101 1st mtge 3 Ms 1966---—J&J 60 i07* 67 89 104" 25* 107M 108 102* Power Corp of Canada Ltd— 99 Conv deb 4 Ms 1959 Ser B-M&S 104 Oonv deb 5s ser A 1957---J&D 99* Power Secur coll tr 6s '49 -J&D 108* Providence Gas 4s ser B1963 F&A 106* Provincial L H & P 5s '46-M&S / 22* Prussian Elec 6s 1954F&A 99* 104* . 100* . Colorado—■ 108* 1st & ref 6s 1953 series A-M&S 1st & ref 5 Ms '54 ser B—M&S 1st & ref 6s ser O 1961--M&N Deb 6s 1946—------M&N Pub Ser of Indiana 6s 1952-F&A 133 Camden N J— perpet--.M&N Sub 1st 5s 1946-J&J 96 g_5s Dec 1, 1950--- J&J Eliz & Karitan Riv 5s '54-M&N Elizabeth & Trent 5s '62-A&0 J O Hob & Pat 4s 1949—M" Orange & Passaic Valley— 1st 5s 1938 i Marchl ,1953 J H— 3 Ms ser O 1960--1 3 Ms ser D 60--M&N Guar g 5s . St Paul Gas Light— Gen gold 5s 1944 Gen & ref 6s 1952 „ M&S J&J 102 1st mtge 3 Ms ser A 1961—J&D Santa Barb Tel 3 Ms ser C'66 J&J 105* 105* 103 105* 32" 29 "•••• 99* 5s 1961 Scranton Transit ser 5s A 1959-.*- 106* ASo 100* 103 113 97 115 Southwestern Assoc 106 104* 101 / 89 90 77 IV* 82 119 120 86 66 80 30 30 Certificates of deposit. 100 92 101 98. 105* 1st 4s series D 1960 M&N Ser deb 4s A 1937-1945—M&N 105 99 Southwestern Light & Pow 1st M 58 1957 ser A._— 100 112 ser 101* 101* F&A Southwestern Power & Light— 110 Deb g 6s 2022 series A 86 M&S Southwestern Public Service Co— 1st M 100 Southwest Gas Co 111 105* 109 104* Y-mmrn'm 41 39 3 5 128* 130* Telep Co— M&S 67* (Okla)—_ 80 M&N S'west Pub Serv 6MS 1937—M&S South west Telep 6s B 1947-M&S 1st 6s series O 1947 ---J&D Oonv deb ser A 1932 J&D Spokane Falls & Nor 6s 1939-J&J Spokane Gas & Fuel 5s 1944-F&A Spg Br'k Wat 1st ref 5s '65—A&O Spring Val Util ref 6s 1943.-J&D Springfield City Water— 1st mtge 4s ser A 1956 .-A&O Springfield (Mo) Gas & Elec Co— 1st mtge 5s 1957 ser A J&D Springfield (Mass! St Ry— Rer & gen 6s 1940 M&S 1st 101* States 1st M 6s 1948 99* 103 J&J f 6s 1945 ser A Southwestern 98 108* s s 101* 100 Co— F&A B 105* 101* 1st & ref M 3 Ms ser B '64. J&D Southwestern Gas & Elec Co— 95* 104* —A&O 1st M 5s 1961 98* 94 93* I960.-M&S Telep Co— j Southwestern Bell Telep— 97 33 33 f 6s 1954 102* 87* 104 70 85 17 69 71"" 75 ' 17* 108 20 M 107"* 110 72 108 105* 106 97 102 M 54 98 103* 56 65 Springfield Terminal Ry 7s 1942 100 12l"" Stand Elec (Calif) 1st 5s '39-M&S Standard Gas & Elec of Delware 101 100 97 120 108* 109* 71 A&O m Certificates of deposit 12" 102 f-yfS mm t+ '■:/ .mmmum 84" 105 100* 101* 90* 90* IV* 92 93 95 6s 1951.. Debenture 6s 1966 Debenture F&A J&D 70M 71 6% conv notes 1935 J&J V; Certificates of 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 ' 70* IV* 72 72 73 72 69* 62 62 Standard Telephone Co— 1st 1 coll tr 5*s '43 ser A.M&N Oonv deb 6s 1938 M&N / Stark Elec RR see RR Stettin Pub Util 7s 1946-__-A&O / Steubenville Wellsburg & Weir ton . A&O 73 64 64 68 72 10 19* 33 Stewart Mt Pr—See Salt Riv Vail f-n 78 Suburban Lt & Pow 6s 1938.F&A 104 M Super-Power Co. of 111— '• 105* 107^ m&s 105. 5 Basis. / This price includes accrued interest, 102* 1st 4 Ms 1968 1st M 4Ms 1970 I 98 k Last sale n Nominal. -y^X-yn, . .. ... 77' T. X V.'/ ]'■£: '.~K . 105 * 7 -r-:■■ ... M&S M&S 105 ~ ■ : . :: ' . 'r ^;v,; J . ■XT,i-rXM"'1''' 105* 1st M 5Ms May 1, ' ;'i' 94 45* 104 1st lien 6s 1937 with warr.A&O ...^ V.: ,rX 92 44 M Southern Utah Power Co— 97 101* Second Ave Trac—See Phila Co— Seneca Power Corp 6s 1946-M&S -X. 107* 104* 10-year coll s f 6s 1942—A&O Southern United Gas Co— Ry 1st 5s 1951 luo 7aI 1st 1 & ref ■X 102* 104 M Gas— 102; 106*" 103 107 1st & ref 5 Ms series 11945 A&O 1st & ref inc 5 Ms ser II'45 A&O 4s series B 195' 1st & ref 4 Called July 1, at 106* 102 M South N E Telep 1st 5s 1948-J&D Southern Trac—See Phila Co 6%g notes 1935 1st 4Ms 1958 ——M&S Scranton-Spg Brook Water Serv— 1st & ref 5s 1967 ser A—F&A 95 Corp— 105* 98* 102 * M&N Adj mtge inc Jan 1 6s '60.A&O 1st M pipe line s f 4 Ms '51 A&O Southern Neb Pow 5 Ms B'47 J&J 69 92 95 96 105M 102M 105 M Southern Gas Utilities, Inc— 1st M s f 6 Ms 1939 ser A.M&S 1st & ref * 97* J&J 108* 98* 100* Sayre (Pa) Elec 5s 1947-—A&O Schenectady Ry 1st 5s Mar 1, '46 f 17* 78 Scioto Val Ry & Pr 1st 6s *43- J&D 104 Scranton Elec 5s 1937——J&J 102 M 102 M I 98* 105932 (Calif)— 1st g 6s Southern Union 110* A&O 9 6s 1935 t Savannah Elec & Power Co— 100 1st & ref 48 1947 ser D—Q-Jan 105 1st & ref M 5s ser F 1955-M&S 108* Savannah Elec Co 5s g '52-J&J ---. w 1947 series A Southern Counties Gas 1st M 4 Ms 1968 Southern Natural Gas 104* Sauda Falls Co Ltd— 1st s f 5s 1955 ser A— mmmm 101 95 * Southern Colorado Power Co— 65* 50 Scranton Gas & Water Co— 101 91 192 104 Stamford Water 1st 5s 1952..J&J mmmm 68" 118* 57'.? 1st M 4 Ms 1960 A&O Southern Cities Utilities Co— 1st lien & coll 5s 1958 n&O _ 108 ■ 103 102 1st & ref 4Ms 1961------M&S 1st M & ref 4s Aug 1 '65-F&A Southern Calif Water— Salmon RivPowgu5s 1952 F&A .110 Salt River Val Water Users Assn 98 6s 1938-1943 F&A 96 Refunding 6s 1956 M&N 98 Stewart Mt Pow 5Ms '57.A&0 101* San Angelo Telep 1st os 1958 F&A 102 San Antonio G & E 5s 1949.M&S San Antonio Public Service— 110 1st ref 6s 1952 series A J&J 105 1st & ref 5s 1958 ser B—J&J 103 San Antonio Tr 1st 6s '49—M&S Unif & ref 6s 1952 ser B—M&S 93* 105 -F&A 1st M 5s 1955 So Texas Gas 6 Ms 1938 A.-M&S Southeastern Gas & Water Co— 1st M 58 1 957 — 75 102M B.J&J 1st lien 6s 1944 108 111—, as# 29* ~~vannah & Atl Ry conv 93 C 92 South Pittsburgh Water Co— 1st lien & ref 5s I960 ser A. J&J 28 1979 J&D Saguenay Elec 5 Ms 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— 1st cons guar 5s 1959 M&S St Joseph Gas—1st 5s 1937-J&J St Joseph Ry, Lt Heat & Power— 1st g 5s Nov 1, 1937 M&N 1st & ref 5s 1946 J&J St Joseph Water 4s A 1966--A&O St Louis Co Gas 1st 5s 1951-A&O St Louis Springf & Peoria RR 1st & rer gu g 5s '39 opt—J&D 79 96 73 South Carolina Power Co— l55"" 82 63 97* 99 106 25" ; 100 / 23* 105 J&D 1st lien & ref 5s 1960 ser 103 Public Service Co of N 1st 3 Ms series F 1966 Public Service Co of Nor 1st & ref . 105 Paterson Ry— 2d 6s *14 ext 5% to *44-i So Jersey Gas El & Trac—- 1st mtge 1st mtge 1st 3 Ms 1961-------- 28 108* M&N 103* South Jer G E & T—See Pub Serv Corp. San Jose Water Works 73 97 J&J Sioux City Serv 6s 1951 J&J Somerset Lighting 5s 1939__F&A 100* ■ 1st 84 J&D Rome (N Y) Gas, Elec Lt & P— 1st ref 5s 1946 J&D Rome (Ga) Ry & L 5s *46—-A&O Ruhr Gas Corp 6Ms '53 A — A&O Rumford Falls Pow— 135 ! Sioux City Gas & Elec Co— 1st mtge 4s 1966 1st lien & ref 5s 1957 J&J South Coast Co—See Indust— 116* 1962 M&S Lake Ontario Water 5s 1938 Roch Ry cons 5s g 1930 A&O 107 Consolidated Traction— Extended 5s 1938 __J&D Eliz Plalnf & Cent Jersey Ry— lOQ* .90 E & Elec— 25" 1965 San Diego Co Wat 6s A '62-M&S San Diego Water Supply Co— 105* 1st m s f 5s 1955 M&N 106* San Francisco Bay Toll Bridge—_ 102 M 1st M sink fund 6 Ms '57-M&N 97 Deb s f 7s 1942 M&N San Joaquin Lt & Power Corp— 95 Trust certs 6% Public Service Corp of v 104 M 1st & ref 5s 1960 ser A M&S 102* 1st 5Ms ser B 1957M&S Silesia Elec Corp s f 6Ms'46 .F&A / 20 : Mtge g 4s Dec 1, 1943 & San Diego Consol Gas 1st mtge 4s May 1, 105* 104* 105* 101* Siorra Pacific Power Co— . 1st mtge s f 4 Ms 24* 84 * 28"; South Bay Consol Water— 1st ref 5s 1950 —M&N Gen M 4 Ms May 1948—M&N 1st s f 4s Oct 1945— A&O Safe Harbor Water Pow Corp— i 20--J&J 1940---.J&J 1st & ref g 5s '40 opt ;. 83 Somerset Un & Middlessex Ltg— 23 23 M 23* 23* 23* , 99 M 99 " - Rochester u 22 J&D 1st lien 6s x-w 1941 J&D 18* S'eastern Indiana Pow 6s '43 M&N Richland Public Service— 98 S'eastern P & L deb 6s 2025-M&S 1st & ref 5s 1937 A&O Southern Bell Telep & Teleg— Richmond (Ind) W W Corp— 1st s f g 5s 1941 opt 1916--J&J 1st M 5s 1957— -M&N 7 105 7:1;'*— 3 Ms debentures 1962 Richmond (S I) Lt & RR— A&O 103* Southern California Edison— 1st coll tr g 4s 1952 J&J 1st & ref mtge 4s 1960 M&S Rio Grande Valley Gas Co— 83* i;»—Debenture 3 Ms 1940 1st mtge 5s 1950 M&S A&O Debenture 3 Ms 1945 M&S Riverside Trac—See Pub Ser Corp 75. 80 Ref mtge 3 Ms May 1,1960 Roanoke G-L 5Ms 1951—F&A 105 Ref mtge 3 Ms ser B July 1 '60— Roanoke Ry & El 5s 1953—F&A 92 Southern California Gas Co— Roanoke W W 5s 1950 J&J 1st M 5s 1938 71* Wash 5s 1937 ; • 37 Pittsburgh Rys—See I»hila v,o Pittsburgh Suburban Water 9©rv 102 ' 1st 1 & ref 5s 1958—-M&S 95 Plainfleld St Rv 6s 1942 -J&J 105 Plainfield-Un Wat 5s A '61-M&M 97 Platte Valley Telep 6s J947-J&J / 21 Pomerania Elec 6s 1953>._M&N 103* Pt Henry L H & P 1st 5s 46-F&A / 18* Portland Elec Pow 6s 1950-M&S Portland (Ore) Gas & Coke— 78 Public Service Co. of 105" Rochester & Syracuse RR— 1st M conv 5s ctfe 1957-M&N Rockford Elec Co 1st 5s '39.M&S Rockland Light & Pow : Pitts Canonsburg & 1st Pn & gen 4 Ms J04M Union 2d 5s g 1933 ctfe of dep rT2% f 4s s loi* 12* ctfs '45-A&0 / People's Traction Co-— ' P P Ry tr ctfe 4s *43-F&A Union Traction 4s 1952-J&J Phila Suburban Water Co-1st 104 M - iTacwou— Elec & Peo 4s tr Piedmont 104 117 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 /125 / 130 Certificates of deposit 99 M Republic Natural Gas 1st 6s 1954Republic Service Corp-^83 v 1st coll trust 5s 1951 J&D 5s series nion 104* Deb g 5s 1953— M&S Rochester Gas & Elec Corp— Gen mtge 4 Ms 1977 ser D_M&8 65 : 74 Rochester Central Power Corp— .'27 100* 79M 78 70M _ Serv 103 103 103 Shrevp't Bdge & Term 5s'55.F&A Shreveport Rys 1st 5s '36-44-J&J 78 M f 5s Wat Ask Shenango Val Water 4sB'61 A&O Shinyotsu Elec Pow (Japan)— 1st sink fund 6 Ms 1952 J&D 80" •''■•74 M 1968-J&D Queensboro Gas & El 5s '52-J&J Rhine-Ruhr --- 79 99 D.J&D 102 M 102M s f 4Ms'67 ser A A&O coll tr 4Ms 68 ser B.M&N coll tr 4 Ms ser D '70-A&O 1st coll tr 4s ser F 1961 i__ A&O 55 78.' Conv g deb 5Ms '52 ser A. A&O Peoples Tract—See Phila R T Peoples Water Service (Md)lst lien 6s A 1949 w w_-_F Peoria Water Works Co— — 77 M 102M 1st 1st 69' Puget Sound Tel 5s A 1952-J&J Quebec Power Co— s 1st M&col 101 99 Puget Sound Navig 6s 1938-M&N Puget Sound Power & Light— 1st & ref 5Ms 1949 -J&D 1st & ref 5s 1950 ser O M&N 1st M & coll tr J&D 1960 100 * M&S A&O 1938 6s 1st & ref 4Ms 1950 ser 17* 71 — Peoples Telep (Butler, Pa)— * 7 70 conv 1st coll 4-5Ms 1948 92 I7 ■ Secured Bid Bonds Shawinigan Water & Power Co Public Utilities Consol Corp— 1st M 5Ms 1948 M&S 114* 90* 93* 1 Ask Public Service Co of Oklahoma— 29 _ 1 Bid 1st mtge 4s ser A 1966 F&A Serial debs 4s Feb 1, 1946 P Serv of Penn 1st 5MsA'53.J&D 93 , "f" and income and defaulted bonds the month preceding the date of issue . Bonds IV* 88 86 Peoples Gas (N J) 1st 5s '68-J&D lsts f 5*s 1960 90 J&D / 26 Peoples G & Fuel 6 Ms ww'37 A&O Peoplo's G L & Coke, Chicago—118* 1st cons g 6s 1943 ----- - - A&O 114 Refunding gold 5s 1947—M&S 90* 1st & ref 4s 1981 ser B- — -J&J ■' 93 * 1st & ref mtge 4s ser D '61 - J&D 100" i Ask 90* > 4s UTILITY BONDS PUBLIC 78 ■ ... ... :n; - June, 1937] public 79 utility bonds "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue NOTICE—All bond prices are ; Bid Bonds Sutter Butte Canal 6%s Syracuse Gas g 5s 1946 f United Rys of St Loute— Gen g 4s July 1 1934- — 114% 127 108 B 1957—... J&J 1961. A&O Telephone Bond & Share Co 100% 87% 89% M&N 1953. • Temescal Water 1 st 5s A '60 M&N Tennessee Eastern Elec Co— 1st M 5s 1943 F&A Ref s f 68 series A 1955 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 6%s 1953.F&A •92% Terre Haute Traction & Light— 1st con M g 5s 1944.—M&N Terre Haute W W Corp— 105% 1st M 6s 1949 1st M 5s 1956 ser 99% B f: 93" 93% 81 83 90 91 68 71 71 69 107 104 101% 99% 102% 91% Terre H'te & West Ry 5s '37 M&N Texarkana Wat 1st 5s '58. F&A Texas Cities Gas 1st 5s '48..M&N Texas Consumers Water— 9 1st 6s A 1939 A&O r Texas Elec Ry 5s 1947 J&J mm Tex Trac 1st 5s 1937 opt-.J&J Texas Electric Service Co— 1st mtge 5s 1960 Texas Gas Util 6s 1945 f 1st 2-6s 1951 Texas Hydro Elec Corp— 1st mtge 6s ser A 1956 1 100% 93" 11 8% 8% m 101 ..J&J A&O / 31 M&S / 30 33 35 A&O 85 88 Texas Pow Corp 6s 1956 M&S General 6%s 1956 M&S Texas Power & Light— Dob g 6s 2022 ser A......J&J 1st & ref 5s 1956.. M&N 88 92 Texas Pub Serv 1 st 5s 1961 Texas Traction Co 5s 1937.-J&J Third Avenue Ry (New "* ork) 1st ref g 4s 1960 opt aft *14 J&J Adj inc g 79 83 110 80 82 106 8% 9 48% 24% 5s Jan i960 opt..A&O Third Ave RR 1st 5s v 107 105 / gr37..J&J 52 25% 98 88"" ;:V Union Ry 1st 5s g 1942._F&A Westchester El 1st 5s g '43.J&J Yonkers Ry 1st. 5s 1946..A&0 70 75 Tide Water Power 1st 5s '79.F&A Toho Electric Power (Japan) 1st s f 7s 1955 ser A M&S15 94 §2^ 95 89 92 Tokyo Elec Light Co (Japan)lst g 6s 1953 series...J&D 15 < 793 81 Toledo Edison 5s 1962 M&N Traction & Term'l Corp 5s '57J&J Trenton G & El g 5s 1949..M&S Trent'n Pass Ry 1st ext 6s'61 A&O Trenton St Ry ext 5s 1968..J&J General 6s 1941 .J&D 107 70 108% 73 118 65 » 45 n 10 Tri-County Telep 4%s B *56 A&O Troy Otty Ry 1st cons 6s *42 A&O Troy Gas Co 1st 5s 1939—M&N 104% 102 6 105 Z§x 1st lien & ref 5%s B 1952.-J&J Twin States Gas & Electric— 1st I & ref 5%s 1945 Ser A.M&S IV* 80 ,76 104 Tyrol Hydro-Elec Pow Co— 1st M^ f 7%s 1955 M&N F&A 96% 95% 97% Ujigawa Elec Power (Japan) 1st M s f 7s 1945———M&S15 93% 94 Guar s f 7s 1952 98 Union El Lt & Pow Co of St L— Gen 5s series A 1954 J&D Gen'l mtge 5s 1967 ser B..F&A General 5s 1957--.——..A&O General 4%s 1957 JJtf&N Union Elec L & Pow of Illinois— 105% 104 104 105 105 105% 105% 1st g 5%s 1954 ser A J&J 1102% Union Elev RR—See N W Elev Union Gas & El 1st ext 5s '40M&S 100 Union Gas Co. of Canada— 1st serial 3 Hs 1936-38 J&D 1st serial 4s 1939-42 J&D 1st serial 4%s 1943-45 1st 4%s 1950 101 97% J&D 99% Union Gas System— „ 1st M & coll s f 5s 1948...J&D Union Passenger Railway— 1st 4s Mar 31 1961 A&O 2d ext 4s Mar 31 1960 A&O Union Pub Serv (Del) 6s '39.J&D Union Ry—See Third Ave Ry Union Traction—See Phila R T Union Water Service CoFirst lien 5%s *51 ser A.M&N Union Water Wks Co— 85 87 65 55 1st lien 5%s 1942 M&S 15 f 10 Elec Co of N J 4s *49-. J&D 113% United Elec Rys (Providence)— Gen ref M 5s Jan 1951 ser A.. 93 Gen ref M 4s Jan 1951 ser B 88 United Elec Serv (Italy)— Extl 1st s f 7s 1956 ser A..J&D 71% United Gas & Fuel (Hamilton)— 1st s f 5 Ms 1948 J&J 100% United Ilium Co New Haven— 1st 4s Feb 1 1940 —F&A 106% United Light & Power Co— Deb g 6 34s 1974 M&N 75% 1st 1 & consol 5%s 1959—A&O 1048 103 Unit Deb g 6s 1975 United M&N 73 Lt&Rys (Me) 6s A'52 A&O Deb 6s 1973 110% J&J ser A—...A&O 63*8 1933 72% 101% 107% 78 106 74% 111% 74 82 (t iH ;V-- li* 86% 81% United Pub Util Corp— Conv coll tr 6s A I960——J&J Oonvcoiltr 5 We B i960—J&J United Rys Cos 4% ctfs '49.J&J f * No par value, t Galled Sept. 1 at 102. 16 19 98% 98% 93 95 99 • 99% 97 • 98 Gen 5%s 1949 ser O.—J&D 15 Gen M 5s 1956 ser D A&O Gen 5s 1952 series E J&J 105% lu5% w" 107 109 Utilities Power & Light Corp— Deb g 5%s 1947 J&D Deb 5s 1959 F&A 8 9% 50 24 50 60 108% 97 90 97% 91% 100% 91% 99 89 105% 102% 66 106% 75 109 78 „ 84% 106% 102 24% 24% 110 90 M5>4s 1950 M&N M&N J&J Mi5s 1951 1st 5s series B 6s 1950. 1950 Western Pow (Can)" 5s T94~9—J&J Western Public Service Co— 1st & ref 5%s 1960 F&A Western States Util 6s A '45.A&0 Western Union Telegraph— 1938-..-...... J&J Fdg & R E M 4%s g 50—M&N 25-year g 5s 1951 j&d 30-year 5s Mar 1 1960 M&S 92 97 55 98 IstM 8 El Pr f 6s 92% 98% 120% 45 60 98% 105% 108% 91% 100 98 12% 102 103 106% 100% •v 102 22 100 , 106% 105 117 82 * 69 * ...—* Alabama Water Service pref * Allegheny Traction—See Phila Co Allentown Beth Gas pref 50 60 $6 preferred $5 preferred Amer Cities Pow & Light cl A Class A opt div ser w w. 95 99 99% 14% 153 32 % ? 33% V 3% 25 119 — * * 109% * 7 second pref series A $6 cum pref.. Warrants Amer Gas & Elec 126 7% 48% 21% 37% 2% 32% * .....* com 2 * com 5 * % *19% 28 8% 58% 48% 21% Amer States Pub Serv V W" American Light & 6% preferred- i: ' •» Traction*"—25 25 Amer Powea & Light com.. * $6 p.pferred. —...» com * ;* 25 1 5%% preferred. Amer States Utility com Preferred.. Amer Superpower Corp com First $6 25 _* preferred * Preferred $6 series * American Telep & Teleg 100 Amer Utilities Service common. * 6% preferred *—25 Amer Wat Wks & Elec com * $6 1st preferred * Appalachian El Pow 7% pref * 6% preferred Arizona Edison 88 107% 97 ...» com V * * 10 <: Arkansas Natural Gas Corp Class A non-voting 6% preferred. Arkansas Pow & Lt $7 pref.— 6% preferred 8% 4% V 28 80 * .♦ 1 71% 1 com 2% Original preferred.—. —* $4 preferred———.—* $5 preferred.—......——* $6 preferred .....* $6% preferred * $7 preferred —...* 21% V14 88 102% 101 102% 100% 105% v 69 24% Bait Transit Co ▼ t c v 86 112 „ * 1% .——100 .25 .100 t c 21% 5 com.... 132 110 102,. 6% 167 113 61 Beverly Gas & Elec 25 Birmingham Elec $7 pref.. * $6 preferred- — * Birmingham Gas $6 pref * Birmingham Wat Wks 6% pf.100 68 59 13 102 Blacks tone Val Gas & El pref. 100 Blue Ridge Corp 1 $3 conv preferred 114 2% 45% * Boston Elevated Ry com 100 Brazilian Tr Lt & Pow ord—..* Bridgeport Gas light Bridgeport Hydraulic Co Brit Col Pow Corp A 31 34% 20 r Brooklyn Edison 100 Bklyn Manhat Transit ....—* $6 preferred series A * Bklyn & Queens Transit com—-* $6 preferred— * Brooklyn Union Gas * Buffalo Niagara & East Power— — $1.60 prior preferred $5 1st pref it Last sale. 64 24 * .__.._* r Class A /FlaTprlce., 38% 40% 6% Atlanta Gas Light 6% pref. .100 Atlantic City Elec $6 pref.—... * Broad River Power 7% pref—100 Brockton Gas Light Govt c--25 102% 98 24 * Glass B— 103% 15% % Assoc Telep Co Ltd $1.25 pf—* Assoc Telep & Teleg $6 pref * $7 1st preferred 100 ... 101 104 15 warrants Bangor Hydro Elec 7% pief0ired nNominal 4% 7% V8 Preferred.. Arkansas Missouri Power— New common ——— ^ 3% 12% 3% 12% 1% 92% 31 16 % 7% 18% . 6% preferred —100 Baton Rouge Elec Co $6 pf * Beauharnois Power com * Bell Telephone (Canada) 100 Bell Telep of Pa 6% pref 100 98 104 102 80 57% 25 Class B .......1 Amer Dis Tel of N J com * Preferred 100 Amer & Foreign Pow com * Preferred 103% 90 86% 89% ; 52 < 100 6 170 26 72% 3% 16% 30% * ....25 • x 35 7 23% 97 Ex-dividend. V 95% 93% 103 50% Yadkin River Pow 1st 5s '41 A&O Yonkers Ry—See Third Ave Ry York (Pa) Gas 1st 5s 1941.M&N York Haven Wat&P 1st 5s'51 J&D York Rys 1st M? 5s '37 opt. J&D Oizuss A.— 100% 102% 5 Basis. 95% 92% 76 Option 93 101 t Called July 1 at 102%. 107% 105% 104% 115 A ...... 90 1953— .—J&j / 21% (W Va) Electric Co— 1st M 5s 1941 opt M&N 107 X Plains Ltg 1st 5s '38"—J&J 103 27 106% 93 44 Associated Gas & Elec Common class A (Germ) WUlto^S!)rt6wi?e?'c3""""M&N 89% 101% J&D Cum income 6s 1952 — 119. 108% 104% 107% 100% 101% 100% Mut Un 6s ext at 5%to'4lM&N k 106% W^ernUnited Gas A 1st 5%s 1955 ser A^Elec Co— ...j&D 105% 1st 5s series B 1957 M&S 104% Western Utilities Corp— " ' 6% notes 1937...—... M&N 66 Westmoreland Water 1st 5s_.1952 101% Westphalia United 95 100 ext 3%s 1956 —A&O extended 1956 M&N West Texas Utilities Co— .A&O Western Oont Util 6s 1944-M&S Western Lt & Telep 5s 1954.A&0 Western Mass Cos— 25% 25% 98 West Ohio Gas 6s A 1954 / West Penn Elec deb 5s 2030.A&0 West Penn Power— 88% / f g 4%s 1943 Worcester St Ry 5s A 1947.J&D Worcester Transit Association— s ... 107% 104% 102 Westchester Elec—See 3d Ave Ry Westchester Lt 1st g 5s *50.-J&D 119% Westchester Serv Corp 6s '48 A&O / 43 West End St Ry—See Boston El West End Trac—See Phila Co A&O 107% 101 101% : $5 preferred. .* American Service $3 preferred. _* 72"" 64 Wayne United Gas 6%s '44.J&D / West Canadian Hydro-Elec— 1st 6s ser A w w 1950 J&J Conv deb 6%s 1945 J&J West Coast Telep 5s A 1953.J&J \Q5J,Ber A Virginia Gas Co— 1st Amer Gas & Power 1st $6 preferred 76 70 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 m 106% 73 Washtenaw Gas 1st 5s 1953..J&J Waterloo Ced Falls & No Ry— 1st M s f g 5s 1940 —J&J Penn Tr 1st 5s 1960-J&D Phila Pass Ry— Wisconsin Power & Light— 1st mtge 4s ser A 1966 .i. J&D 48 serial deb June 1 1938-1946. Wisconsin Public Service Corp— 1st mtge 4s 1961 J&D Wolverine Pow adj 4 %s Mar 1 '59 Worcester & Conn Eastern R $6 preferred 74 _ West West 1st 2d Co— 1st M 5s 1947 A&O Wisconsin Michigan Power Co 1st mtge 3%s 1961..: J&J Wisconsin Minn Light & Power §7 preferred. 100 115 105% 1st guar 5s 1949 A&O City & Sub 5s g 1948 F&A Washington Water Power Co— lstrer 5s 1939 op ..J&J 1st & gen 5s 1960— J&J VT&J 108% wi «. Hydro-Elec Alabama Power $7 pref 102% 18% 1st lien & ref 6s w w 1960.F&A Wash Ry & El g 4s 1951 J&D Anacost & Pot 5s 1949 A&O <4 mi, PUBLIC UTILITY STKS. % 102% Virginian Power 1st 5s 1942. J&D Wabash Telephone— 1st M 4%s A 1956 —.J&J Warren Ohio Telep 6s 1942.M&N Wash'n (D C) G L 5s 1960-M&N Refunding 5s 1958 ...J&J Washington Gas & El Co— 1st sf 5%s 1947 F&A 1st M 5%s 1953 J&J 1st M 5s 1955 M&N •» 100% A&O 26 V 50% 50 Vermont LtgCorp 1st 5s*44 A&O Vesten Elec Ry 7s 1947 J&D Virginia Electric & Power— 1st & ref M 4s ser A 1955.M&N Virginia Public Service Co— 1st & ref 5%s 1946 ser A..F&A 1st & ref 5s 1950 ser B J&D 1st & ref 6s ser O 1952——M&S Deb s f 6s 1946 F&A 1st mtge 3%s 1966 Cum income 6s (w s) 1952-J&D Wyoming Vail P S 6s 1971--A&0 107% 50% 49% Utilities Public Service Co— Conv 6s 1933 ...J&D Utilities Service 6s 1953 Conv deb 6%s ser A 1938.F&A Vamma Water Pow 5%s *57. A&O 1st M 5s 1963 series E....M&S 1st M 4s 1961 series H J&J 1st M 3%s ser I 1966 15 120% 119 Utica & Mohawk Valley Ry— 1st 4%s 1941 M&S / 62^ ■• . 1st & ref 5s 1944 opt '19..M&N Gen & ref 7s 1947 J&J 1st & ref 8s 1944 M&N 20 104 26 United Railways or Havana— Eq 73£b Feb 151936 F&A f 25 100% Ask 104% 75% Gen 4-5s series A 1965..—J&J Gen inc 4-5s ser B 1965 J&J Wise Fuel& Lt 1st 5s 1948..M&N Wisconsin Gas & Electric— Wisconsin 12 118% Coll tr 5s ■ 11 Un Lt Rys (Del) deb 53*48.52 F&A United Public Service Co— Coll tr 6s 1942 115"" 94 1st 5s 1939.., M&N Utica El & P 1st 5s 1950.—J&J Utica G & El ref & ext 5s '57 J&J 1st 101 74% 74% 91 6s 3%% coup notes 1946 J&D Western N Y Utilities 5s '46. J&D Western N Y Water Co— 90 34 72 2004—-—.J&D / 1st s f 6 %s '37 with war.J&D West Va Water Service— 1st mtge 4s 1961 98 J&D 40 <72 98 101 Bid Bonds Winnipeg Elec 1st 4%s 1960. J&J 28% A 1952.-M&N B 1952 M&N May 1 2022 M&N 1st lien gen M 5s 1944—F&A 1st lien & gen M 4 %s 1944.F&A Utica Belt Line Street Ry— to-18? West 99 Ask OC3. —J&J/ Certificates of deposit 101 2d 6s 1939 F&A 23 Street Ry—See N Y Rys Twin City Rapid Transit Co— 1st lien & ref 5%s A 1952J&D , Unit Trac (Pgh)—See Phila Co Unterelbe Power & Light Co— Sink fdM 6s 1953 A&O Utah Lt & Tr 1st 5s 1944 A..A&O Deb 91 _ . f 5%s ser _ Utah Power & Light Co— • 95 J&D F&A A ser s f 5%s ser Con g 4%s 82% Telephone Service (Ohio)— 6s s „ United Telep Del 6s A 1948 A&O United Tel & Tel 5%s A '53.M&N 1st lien 6s ser B 1953—.M&N United Traction (Albany)— J&D v;80% 1958 5s Coll Coll 98 5s Deb 32 15 78 99 Tampa (Fla) Gas 5%s '56.-A&O 1st 108% ■ '34.J&J / 33 City & Sub Pub Serv 5s United Securities Co— 110 .107% Syrac Rap Tr 1st g 5s 1946.M&S / 30 2nd mortgage 5s 1930 J&J / 13 • Taiwan El Pow s f 5 %s 1971-J&J : 75 series Bid Bonds 95 '43.M&S J&J Syracuse Lighting 5s g 1951 _J&D 1st & ref 5%s 1954 F&A 5s Ask 52% 28 PUBLIC 80 Quotations for all Eastern Mass St 90 103 2 Maroonl.—--------1 Capital Transit (Wash, D O) 100 Carolina Pow & Light $7 pref SB preferred- ——————— Cent Arkan Pub Serv Corp pf 100 JR* n X > X 46 102, 10334 7X European Elec class Option warrants 106 5634 ,553 *02, 1134 8634 —- 69 4234 10634 56 10434 1134 88 8934 7034 109 154 2 34 Gas Utilities Co Gen Gas & Elec 90 Co. 334 3734 $%* 39 45 33 pref ser B — - JX * 73 17 60 Common—.....—.————* * Common.-—.——-.——* Connecticut Light & Power— * 534% preferred 100 Conn Gas & Coke Sec pref Hackensack Water 25 Preferred————.—25 Hamilton Bridge — * 100 Preferred Hamilton Gas common vtc Hartford Electric Light * Hartford Gas com 35 preferred * Consolidated Gas Utilities com.l Preferred- - 6% preferred Warrants Haverhill Elec Cons Trac of N J—See P S Corp Cons Trac (Pittsb)—See Phila Co 30 20434 33 20434 98 .88 90 8634 8834 pref_r——.100 1 Cumberland Co (Maine) Power & Lt 6% pref—-100 534% preferred 100 Dallas Power & Light 7 % pref 100 6% preferred * Dayton Pow & Lt 434% pref. 100 Denver Tramway com * Preferred---——————100 Derby Gas & Elec $7 pref * Detroit & Canada Tunnel * Detroit Edison 100 Duke Power 100 Duluth Superior Transit com —* Duquesne Nat Gas common * $4 preferred J _* - 4 53 3 6 .... 105 100 11234 11434 109 103)4 3* 1334 11334 75 10334 i» 11534 7634 l% 11 preferred————————* 934 11 Canadian price, .... 17" 49 10434 74 29 45 23 68 44 17 23 41 84 97 1034 111 3 79 ,6634 109 91., 2134 110 112 134 15 58 105 106 90 10 100 23 17,, 834 1134 29 334 —* Warrants., * Mass Utilities Associates v t c-.l 7634 ———— e West Utilities. $6 convpreferred series A 15 79 % 57 36 6% pref series 1921 48 Minnesota Pow & Lt 7% 38 40 280 290 20 49 23 185 30 8* 73 22 24 25 50 H" Warrants 98 ; 6 "l34 54 * Without par value. * prior lien—100 6% prior lien —.100 7% preferred class A—. .100 6% preferred class A.....100 43 108 107 * Midland Util 7% 65 32 100 _ Common without warrants.--- $2 Preferred i65k 11* 37 36 734 Ex-dividend. — 134 97. 11234 6% preferred 100 6 % prior preferred 100 6% non-cum 2d preferred--100 Mass Power & Light Associat'n 31 9134 x 36 434 75 19 3134 Lt 6)4% pf-100 Units r f Internat Ocean Duquesne Light—See Phila Co— East Coast Public Service vtc—1 116] 8 34 Middl Indianapolis By Co v t c__—100 Interboro B T vot trust ctfs._100 Teleg iguar)-.100 International Power Co.. * 1st preferred — 100 Internat Power Securities com..* 92 81 76 „134 3034 1434 pref III* Hydro-El Syst A 40 Marcon Int Marine Commun'y— Amer dep rets for ord shs £1 30 50 —--* Utilities 6% pf.100 Ilium & Power Secur 1st pref.100 Illuminating Shares class A. * Indiana Hydro Elec 7% pref_100 Indiana Service Co 6% pref—100 pref $3.50 series 25 83 Illinois North Conv 25 llH 30H Internat Maiden Electric Co Manhattan Elev By 7% guar. 100 Modified 5% guar 100 81 50 "34 100 100 100 Middle West Corp com-...——6 Warrants 87X 1 u .100 ..... 81 Illinois Iowa Power common ...» 7% preferred Indianap Pow & 6% preferred 7% preferred 38 53 34 100 IP ——100 25 —. * 25 Common 103"" 234 —1 Preferred Certificates of deposit Ulinois Pow & Lt 5% pref clA 24 Holyoke Water Power 100 Houston Natural Gas com.....* Preferred —50 Hudson County Gasj 100 Idaho Power 7% pref 100 Tll6(Tommerda1r^lep".f6 com Maiden & Melrose Gas Lt 434 114 Hestonville M & F—See PhilaBT Continental Gas & Electric— 100 Light Louisv Gas & Elec 7% preferred 100 Lynn Gas & Elec Co —.25 Mackay Companies 4% pref 100 87 ..i—.—25 - Havana Elec By com A——————..1 -100 * 25 25 25 Lexington Util 634 % pref 25 Lexington Wat Serv pref.. Lone Star Gas Corp » 634% preferred .100 Long Island Lighting com * 7% preferred A 100 6% preferred B 100 Los Angeles G&E Corp 6%pf 100 Louisiana Power & Light $6 pf-* 79 75^4 -- * * 100 Jersey Cent Pow & Lt 7% pf.100 6% preferred .-100 534% preferred 100 Kansas City Power & Light— 1st pref $6 series B * Kansas City Pub Serv vtc * 7 % preferred v t c * Kansas Elec Pow 6% pref 100 Kansas Gas & Elec 7% pref--100 6% preferred 100 Kansas Power & Light— 6% preferred —100 7% 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 5% preferred 100 Laclede Gas Light 100 5 % preferred 100 5% conv partic preferred—50 Memphis Natural Gas * Memphis Power & Light $7 pf- * $6 preferred ... * Metropolitan Edison Co— $7 preferred series B—.....* $6 preferred series C * $6 prior preferred—-...—-* Mexican Northern By com 100 Preferred .—...100 I« .....———* $5.50 pref 25 100 * r 100 r Jamaica Water Supp 734 % pf--50 Jefferson Electric com * Common with warrants 1634 4834 34 9734 —»— _ A—* Lowell Electric Light 25 Luzerne Co Gas & El $6 pref.100 46 60 conv common Louisville Bailway Co Preferred 47 96 58 Market St By (San Francisco) -100 * $6 Warrants--...———— Contmen Pass By—See Phila B T Crescent Public Service com..—1 41 53 Georgia Power $6 preferred * Germantown Pass—See PhilaBT Gloucester Elec Lt Co 25 Gold & Stock Telep (guar) 100 Green & Coates—See Phila B T Green Mt Pow Oorp $0 pref—* Greenwich Gas $1.25 pref—... Greenwich Wat & Gas 6% pf.100 Gulf States Util $6 pref * : 3934 55 63 102 92 93 53 5% preferred... "I Gen Italian Edison Elec Oorp— Amer shs for ordinary stock.. 25 1 * * 38 4634 —* (Del) com A..* pref..* A—.1 $3 preferred-—----------—-* 5134 r 33 ntH 2* $6 cum conv pref ser A——* 100 Nominal, 2034 8834 15 * Gen Telep Allied Corp $6 Gen Wat Gas & Elec com Community Water Serv com 7% preferred————-* Concord Elec Co 6% pref 100 n 19 Gary Elec & Gas common * Gas & Elec of Bergen Oounty.100 Community Pow & Lt com——- Cumberland Gas com 62 * 98 Foreign Light & Power units...* Frankf'd & S'thwark—see Phila R.T. 40 Franklin Telegraph (guar)—100 130 Gardner Elec Light common. 100 100 Preferred 100 Wfttrftnts 34 Consumers Gas (Beading)..—25 Consumers Gas (Toronto) 100 „ 17 20 —.25 Fall Biver Gas Works "934 34 T. <■58 $6 preferred--.—-—-———* General Pub Util common -* 5% preferred —* Gen Telephone Corp com 20 $3 conv preferred- 105 103 Optional warrants————— So preferred———.—* Phili.'M 45" 7% pref—100 Lawrence Gas & Elec Lt 834 10 Gen Public Service Corp 90 Commonwealth Gas Commonwealth & Sou Oorp com * A— Florida Power & Lt $7 pref 234 41 OoI'dus By P & L 1st pf A 6% 100 Preferred 634 % ser B—-—100 Commonwealth Edison Co—100 k Last sale, 6634 7234 $6 preferred $634 preferred * $7 preferred * Fitchburg Gas & Elec Light..50 .454 100 7% prior preferred 62 65 Federal Water Service com A--* 46 47 55 pref—100 $4.50 preferred 19 10 834 63 334 48 1 * —-* 100 Consumers Power $5 pref 8I 185 86 * 5% preferred series A Cons Edison Co of N Y—Com 31 17 Federal Power & Light com—50 Fed St & Pleasant Val—See Phila Columbus Delaware & Marion— $5 7 53 4934 * Federal Light & Tr com Preferred ($6) 95 110 97 (Del) com--* 6% preferred series A 100 5% preferred——————100 5% convpreferred--——-100 Cuban Telephone 3034 8634 56 ; 100 Fairm't Pk & Hadd Pass By—See Fall Biver Elec Light 25 3 3 100 Preferred 57 55 100 $6 preferred Oolum G & El Oorp Class 43 534 pref (with warrants)— * t5 convertible preferred Citizens' Pass By—See Phila B T Citizens Traction—See Phila Go Consol Elec & Gas $6 pref Cons Gas E L & P (Bait)— 67 46 H* 50 Essex & Hudson Gas — Preferred-----——-----100 - 225 60 Preferred B.-.——10 Preferred BB 100 Connecticut By & Lighting 550 100 100 Engineers Pub Serv com.-----25 100 Community Pub Serv com 98 2434 215 63 9) com Jamaica Pub Service Ltd Preferred 108 6% preferred Cincinnati Street By 50 Cincin & Suburb Bell Telep—50 Cities Service com --* Connecticut Power 5734 734 634% preferred 4———————100 preferred 6% 63 105 535 Empire Power Oorp partic stk..* $6 preferred * Empire Telephone com * Preferred 25 Chicago Bapid TransitPrior preferred A----——-100 Prior preferred B .—100 Cincinnati Gas & Elec 5% pf 100 Cincinnati Gas Transp 100 Cine New & Gov Lt & Trac—100 First 17 68 54 Empire & Bay State Teleg—100 Empire District Elec 6% pf--100 Empire Gas & Fuel Co pf 8%-100 - Telephone 100 pref-_ 100 7% preferred 100 Iowa Pow & Lt 7% pref—...100 Iowa Pub Serv $0 pref .* 634% preferred ..* $7 preferred * 44 Eliz & Trenton BB com—.—50 Preferred ——50 Eliz Consolidated Gas 100 Preferred 7% Investors 24 j * i* - 6% preferred Italian Superpower Debenture rights 95 2434 i« 16] 38i * pref $7 $6 preferred Iowa Southern Util 7 Si ...* * Warrants Interstate Natural Gas 53 56 x Preferred Warrants —— 6 6134 El Paso Electric Co (Del)— Preferred series A 7% 100 El Paso Nat Gas com —3 100 7% preferred IV* W* 67 ...* * ... 534 ;; 1 — — preferred-.. —100 Oonv preferred ser of 1929- -100 6% cum pf (without warri—100 Central States Pow & L $7 pf—* Cent Vermont Pub Serv 6% pf-* Central West Co. com .——5 Chester Water Serv 534% pref—* Chic City & Con com part ctfe—* Pref partic ctfs —* Chic Dist Elec Generat $6 pref.* Chicago Bys partic ctfs series. 100 Series 2 —100 Series 3—————100 Coast Co Gas & El 1st paid - $1.75 preferred....--. $3.50 preferred... 6 $7 preferred —* $6 preferred .————* 2d pref series A * Optional warrants Oonv 34.50 preferred 131 (Boston).-100 Elec Power & Light Corp. Oorp—---1 Cleveland Bailway Certificates of deposit 132 ,70 preferred—— Central States Edison.———* Cleve Elec Ilium common 6 :597. Prior lieu Citizens Utilities com 28 2634 ---* 100 Iowa Electric 634s pref Iowa El Lt & Pow 6% 64 5834 7% preferred ——100 Cent Mississippi Valley— Elec Properties 6% pref--—100 Cent Ohio Lt & Pow o% pf----' Central Pow & Light 7% pref 100 Cent 4SW Utll com——-50c v Preferred 7% preferred A* 67 • Vk* 69 pref—— pref 100 Central Maine Pow 6% pref--100 Cities Serv Pr & Lt $6 pref 334 58 57 Bid Par International Utilities A...-...* Class B ...1 Interstate Power 35 preferred * Elec Power Association.——1 pref———* Preferred 79 * * Cent Indiana Gas 6)4% Cent Indiana Power 7% Series ',14 534 84 77 -100 Electric Bond So Share. 16 preferred-—— Class A full 7% preferred 82 pf 100 ---* —-* $6 preferred series B * Eastern Util Assoc com.... * Central Klec and Tel com——-1 6% preferred—.————60 Cent Hud G & El com————* Central States Elec 234 4134 40H Eastern States Corp com $7 preferred series A—- Oonv stock Edison Elec Ilium 59 100 100 - East Shore Pub Serv 634 % 6 % preferred 7934 Hydro-El Corp 6% 1st pf 100 By com 6% pref B stock 5% adjustment stock 90 Canadian Cent 111 Pub Serv $0 4434 5834 234 100 100 6% 1st pref stamped------100 _ Can * 100 6% preferred 434% prior preferred-—- Amerdeprec 7 34% A ord—£1 Amor dep rec B ord v--*J Amer dep rets 5)4% pref—£1 Calif-Oregon Power Ck>—• 6% preferred series of 1927 100 6% preferred ——-100 Calif Water Serr 6% pref—-100 Canada Nor Pow com ---* Stocks International Byv tc International Telep & Teleg- 0 Eastern Gas & Fuel Assoc's com Cable & Wireless Ltd-— month preceding the date of ssue Ask Bid Par Stocks Ask Bid Par Stocks STOCKS UTILITY securities are as near as possible for the closing day of the 110 108 34 22 — 3 2634 5 105 103 101 100 101 134 1 38 32 934 9 3 334 12c 5 234 334 3 2 Milw Elec By & Light— 100 pref 100 $6 cum preferred --....100 Mississippi Power $6 pref $7 preferred Miss Power <fe Light 0% pref—* Mississippi Riv Pow 6% pref-100 Mississippi Valley Utilities—Missouri Pow <x Lt $6 pref * Missouri Pub Ser 7% pref—100 Common * Monongahela L & P—See PhilaOo Monongahela St By—See PhilaOo Monon-West Penn P S 7 % pref 25 3034 Montana Dakota Utilities com.10 1134 5% preferred—... —100 1034 6% preferred .....100 jaass Montana Power 6 % pref. ;.* 105 Montreal L H & Pow Cons—-—* Montreal Telegraph 40 5634 Montreal Tramways com—.100 75 Mountain States Power com—* 24 7% preferred -100, 27 Mountain States Tel & Tel—100 93 Montana Power 6% pref.j-._-* 10 Municipal Service 6% pref 100 734 Nassau & Suffolk 7% pref—lflO 12 National Gas & Elec com—. 10 3134 National Power & Light com...* % $6 preferred * 102 Nebraska Power 7% 1st pref 100 Nevada-Calif Electric com .100 91 Preferred 200 3 Newark Consolidated Gas..—100 100 88< 80 54 - 65 68 11434 % 9434 91 7 34 ... 57 15c 234 <334 4 4 2634 9 58 68 9734 2934 62 80 334 35 140 9734 134 34 634 9 68 105 13 80 116 90 81 58 67 71., 11534 VXt 9534 June, 1937] public utility Quotations for all securities Stocks Par Bid are as near as Ask Stocks New Brunswick Light— Heat & Power $5% preferred stamped 117 —* New Eng Pow Assn com 6 % preferred New England Pow Co pref New England Pub Ser com Common class B Preferred 37% * ,39% 27 : 100 73 100 124 * $7 prior preferred * $7 preferred— * $6 preferred * $6 prior pref————.i.* New England Tel Sc Tel 100 New England Water Light Sc Power Assn 6% pre*— 100 25 23 6% 107 98% 3 6 59 57 New Rochelle Water 7% pref 100 N Y Mutual Telegraph 25 N Y City Omnibus common * 13 16 28 27 15 25 iVA warrants N Y Pow & Lt Corp $6 pref * 7% preferred —100 New York Railways 97% 106% 99% 108% Corp— |7 non-cum preferred * N Y & Richmond Gas 6% preflOO N Y Sc Queens El L & Pow— 3 47 3% 52 33 112 102 ll\X 36 12 87 1st pref $5 series 12% ......100 2d pref 5% series A........100 78 2d pref 5% series B .100 *110 88 Class A option warrants Class B option warrants 2H * 26 60 52% 98% 3% 55% ♦ 1 $6preferred———* * 536* 2% » 39 49 Preferred North Continent Util .....100 com 100 6% preferred...—....l 00 7% preferred.—.—.100 52 4 7% 19 10 25 17 45 15 Preferred—..———* 42 5%% preferred 80 90 73 45 Nor Indiana Pub Ser 6% pref 100 7% preferred —100 103% 22" 81 76 97% Northwest Electric 7% pref 100 North West Util 7% pref 100 7% prior lien —.100 73" N'western Pub Serv 6% pref-100 7% preferred,. 100 68" 100 ..........100 Ohio Service Holding com... 1 5% preferred.—..........6 Ohio Valley Gas com Ohio Water Service A - — 1st preferred (6%) 1st preferred (5%%) 25 25 Pacific Lighting Corp com .* Preferred ($6) ♦ Pacific Pow & Lt 7% pref—100 6% preferred 100 Pacific Public Service— Common non-voting.. 1st preferred Pacific Telep & Teleg.. ...* ♦ —100 6% preferred 100 Paterson Sc Passaic Gas Sc El—100 Pecos Valley Pow & Lt com * Peninsular Telep Co com * Preferred...——........ .100 Penn Central Lt & P $5 pref—* $2.80 preferred " Penn-Ohfo Edison— ... Warrants Warrants B... Penn Western Gas & El 93% 102 i 30 43 89% 22 20 29% 29% w 104% 68 65 5 20 134 130 118 25 26 109% HH ..... 12 com common Pennsylvania Power 6% pref.100 6.60% preferred 100 Pennsylvania Pow & Lt $7 pref.* $6 preferred — preferred ..* .* Pennsylvania State Water, pref.* Penna Telephone $6 pref 100 Pennsylvania Water Sc Pow People's G L & O (Chic) Nominal, * 100 r 23 11 79 12 21 9 89 95% 103% 45 29* ioo" 89 84 80 96 108% Class A 70c 30 54 50 95v 96% 90 9% 108 78 47% Canadian price, 25 Original preferred ——.25 Southern Canada Power..... * Southern Col Pow com A 25 Preferred ioo South Sc Atlan Teleg (guar) 25 x Ex-dividend. * Without par value. 50 99* 7% 95% 4fS 30 100% 95 4 82 102% 95% 90% Traction—See ♦ preferred Warrants ———""* * com uft 117 Warrants United Gas & Impt vot————* $5 cum pref (non-vot) * United 111 Co of New Haven * 9 69" 6% 12% 32% Umted Lt & Pr Common B * A 6% cum 1st pref United Light s Ry .... Corp.. 40c 36% 38 108% iii% 44 2 18% 5 5% 26% 94 104 4 16 76 % 30c 26 28 37 ;J5% 78 25 9J 111 2% 107 23 125i 1093 110 "5% 41% 76% 77% 75 76 89 90 2% 1 3 ~i —II * ♦ 13% 14% 14% 15% prtf" 1166 United Tel (Kan) 7% Utah Power & 57 62 24 26 26 28 52 ... -—— 64 pref—Il00 inn * 61 Utica Gas & Elec 7% pref $6 preferred 63 100 96 Utilities Power & Lt cl A 97% 93% III Non-voting * common 92 2% 1 ......... —IlOO $6 preferred * Virginia Pub Serv 7% pref--.100 6% preferred 100 Washington (D O) Gas 20 ash Gas & Elec: 7% pref 100 ash (D O) Ry Sc El com 100 2% 14% 108% 83 72 78 29 Preferred..... ioo Washington Wat Pow 6% pref—* 715 109 100 » 90 West Penn Elec Co class A 7% 6% cum cum preferred preferred West Penn Pow 7% pref 6% 2% * Class B —.100 100 100 preferred-—w—-—....100 West Phila Pass—See Phila R T West Texas Utilities $6 pref.. ,* West Va Water Serv pref * Western Lt & Tel com * Preferred i—.... Western Massachusetts Cos ._* Western N Y Water pref * Western Union Telegraph— 100 Westmoreland Water pref.. * Wheeling Elec 6% pref 100 Williamsport Water pref.——.* Winnipeg Elec class A Class B 6% 24% iiok 92% ———* 7% cum pref Virginia Elec & Power— 35c 1% 90% 5% 6% —.100 United Pub Util com A Class B common... §3 preferred crlpt. 41 40% 6% pref-IIoO preferred..........100 7% preferred United Public Service Light— 97% 92 115 10% 4% 38% * §6 Preferred.— 97% 10 * com United Tel & Elec 6% 80c 2 377% 9% $7 pref series A 6.36% 14% 15% . United Gas & Elec (Conn) 79 79 115 71% 107 Phila R T Corp cum 69 103% 104% * $7 preferred .. ... 33 7% preferred 1 59 59 45 * 7% preferred 68 19 11% 100 . —.100 United Gas & Elec of N J— 30% 31% 85 Ridge Ave Pass—See Phila R T Riverside Traction.. (Mo> 6% PreflOO $2.75 preferred Preierred......——.50 110 115% 102 53 5% * 36% 57 50 100 Preferred """50 Union Pass—See Phila R T""" Union St Ry (New Bedford)-.100 United Pow— shares representing cornRhode Isld Pub Serv $2 pref .__* 102 57 * (N Y) Union Gas (Canada) Union Gas System com Union in 68% 100 35% * pref—1100 ST&S^Poir (III)" 6 % "pf j§0 U:7S1 preferred L 7% 39% 148% 97 103% 68% 8% ♦ $3.50 preferred Texas Power & Lt 7% 6% preferred- 127 65 * Rochester Gas & Electric— 6% preferred series O 100 6% preferred series D 100 1041 5% preferred series E -100 23 Roch Telep $6% pref ]0u 22 Rockland Light & Power -.10 30 St Louis County Water pref. .100 30 St Louis Pub Serv— 27% Common ♦ 44% 7% preferied. > 105 San Antonio Pub Serv 7% pf_100 72 8% preferred. 100 70 Sangamo Electric com new.. * San Joaquin Lt & Power—* 6 7% pnor preferred 100 21% 6% prior preferred 100 138 Savannah El & Pow 6% pref.100 134% Scranton Electric $6 pref * Brook 35"i Scranton-Spring 6% Water Service pref .* 28 Seattle Gas common..—.—.. * 111 1st $5 preferred 100 67% 2d 35 preferred .„* 32% Second Ave RR Cop (NY) * 2d & 3d Sts Ry—See Phila R T 7% Shawinigan Water Sc Power....* 2 Sioux City Gas & El 7% pref.100 24 Sierra Pac Elec 6% pref 100 15 South Amer Utilities com 50c 82 $4 preferred ....... 60 18* South Carolina Power 6% pref 60 Southeastern Gas Sc Water A—* 102 Common ———. * 103 Southeastern Pow Sc Lt-—"""" 90% Warrants 86 South Calif Edison common-- 25 82 5% % preferred series 0.-1:25 100 6% preferred series B 76 39 29% 83 90 46% 100 109,, - 101 108 95% 102 * Rio Grande Valley Gas 104* 21% m Amer 38 106% 14i 44 138 Rapid Transit Ry—See P 8 Corp Republic Nat Gas com. 1 Rhine-Westphalia Elec 6 102 42% 20% 106 97% 18 100 Co 100 (6%) 100 5% cum 1st preferred 100 Tennessee Pub Serv 6% pref * ferre Haute Elec 6% pref 100 Texas Electric Ry 100 Texas fSlec Service $6 pref * Texas Gas Util com .1 Texas Hydro Elec Union 109% 100,, * 3.50 t5 cumpreferred pref B 10 84 82i. Queens Borough G Sc E 6% pf 100 Radio Corp of Amer * preferred 25 107% 116i, 109 Sts—See Phila R T 4% Tidewater Power 6% pref * 9% ToJedo-Edison Pref A 7%—.100 6% preferred 103 100 111 m5% preferred too Tri-State Telep & Teleg * 108 - uebec Power common 48 111 6% 110 111% 130 185 76 •■■■ 77% 111% Bridge— <3* T^d&Avenue Ry 13th 15th 39 4 100% conv 103% 100 common 101 t * I 1st preferred 102 98 5% rt* - 5% 33 7 e B Preferred Tampa Elec 6% 39 37 x > 1 — 99 * Class * com.. Tennessee EI P 1st pref (7%)Ii00 7.2% 1st preferred-— 52 94 * com Standard Pow & Lt 8Preferredracony-Palmyra 13 52 62 5% 100 ♦ * 18 34 7% preferred 100 Portland Gas & Coke 7% pref 100 Portland Gas Light 50 Postal Teleg & Cable 7% pref 100 Potomac Edison Co 6% pref- .100 7% preferred 100 Potomac Elec Pow 6% pref—100 $5 preferred—W-i—— 76 Public Serv Corp of N J * 48 8% preferred 100 105 7% preferred 100 6% preferred 100 22% $5 preferred* 83 Consolidated Trac of N J.-100 78 Rapid Transit St Ry Co 100 98 So Jersey Gas & Elec Trac—100 Public Serv Co of Nor 111. 60 Common ♦ 33 6% preferred -.100 65 7% preferred100 72 Public Serv of Okla 6% 78 pref- .100 7% preferred -.100 Public Serv El & G $5 99 pref * Puget Sound Pr Sc Lt $6 pref * 110% $5 prior preferred * 47 9 80 ......... Penna Gas Sc Elec Corp $7 pref—* Partic class A stock * Penna Gas & Elec Co 7 % pref.100 n 110 87 34% 103% 13% 28% 100% Traction ....100 Pacific & Atlantic Tel (gu) 25 Pacific Gas Sc Electric 25 k Last sale, 43 43 * com & Bridge 4% cum pref—100 Oregon Wash Water pref * Ottawa Light Heat Sc Pow 100 Preferred... ..———.100 Pennsylvania Gas 98 108% 50 Union Traction ($17% pd)_50 West Phila Pass guar 50 Phila Traction—See Phila R T Pitts Suburban Wat pref 100 Plainfield Union Water * Portland Elec Pow 6% pref 100 „ 8 35 47 47 28 50 50 Public Elec Light pref 100 Public Serv of Colo 7% pref—100 6% preferred 100 Public Serv or Ind prior pref-.* $6 preferred * Public Serv Co of N H $6 pref—* 82 92 4% 6% preferred 100 Omana & Council Bluffs Railway ... 74 49% ——.1 Oklahoma Gas & Elec 7 % preflOO Okla Nat Gas Corp com.... 15 Preferred -.———-50 Ottawa 31% 2d & 3d Sts Ry guar 13th Sc 15th St9 Pass Ry Union Pass (330 5-6 pd) prior pref cum preferred $6 cum prior pref T 6 12, 47 5%% preferred Power Corp of Canada Providence Gas 41 2% Northeastern Wat Sc Elec com..* $5 a* 100 16 3 6 31 5 15 ... cum Superior Wat Lt & Pow 7% pflOO Swiss American Elec pref 100 Syracuse Ltg 6% pref. 100 6%% preferred 100 72 24 36 31 50 7 JX 60 25 13 66 21 Ridge Ave Pass ($28 pd)—60 35 111% 101% 10 Ohio Elec Power 6% pref 100 7% preferred 100 Ohio Power 6% pref 100 Ohio Public Service 5% pref.100 8% 55 21 & Pr com A—.* J4 33% 5% 16v 54 Preferred * Springfield City Water 6% pf 100 Springfield Gas & Elec pref—.* Springfield Gas Lt Co 25 Springf'd (Mass) St Ry Cos pf 100 Standard Gas & Elec com * 36% §H AO Philadelphia Traction N Y Telephone 6%% pref—100 N Y Water Serv 6% pref 100 Northwestern Telegraph 50 Ohio Edison $6 pref * $7 preferred................* Th'Afni'fCrfl 103 115 33 Phila & Darby Pass Ry 50 Phil & Gray's Fy ($25 pd)—50 120 109 ..... ——.100 Northern Liberties Gas 25 Northern N Y Util pref 100 North Penn Gas 7 % pref Nor States Power (Del) cl A .100 7% preferred 100 6% preferred 100 $5 series cum pref * Northern Texas Elec 6% pref.100 35% 114% PhilaOityPass Ry($22 % pd)l50 Common ———* 5% preferred 100 New York Steam CoCommon. ..———* $7 preferred series A.... * *6 dividend pref— ...... Nor Amer Utility Sec.. Nor Bost Ltg Prop com ; 120 Southwestern Lt 113% 60 27 Germantown Passenger 50 Green & Coates Sts ($15 pd) 50 Hestonville M & F com 50 25 7% preflOO Southwestern G & E 7% pref.100 88 "1 Citizens Passenger guar 50 Continen Pass Ry ($29 pd)_50 Fairm't Pk & Haddington. .50 Frandf'd Sc Southwark Pass.50 Ask So Jer G EI & Tr—See P S Corp Bell Tel pref... 100 Southwest Cons Gas Util com.... Southwest Gas (Okla) 10 Philadelphia Rapid Transit— .50 7% preferred. 60 Bid Southwestern 21 Monongahela St Ry—-—--50 Phila Sc Darby—See Phila R T Phila Sc Grays—See Phila R T Philadelphia Elec Co com..——* $5 preferred _....._* Phila Elec Power 8% pref—...25 Par Preferred,. 12% 73 43 85 15 Monongahela Lt & Pow....50 82 83 'ill — Federal St & Pleasant Val—25 40 114 109 3] 143 preferred—...—--50 36 cum pref -* Allegheny Traction 50 Stocks Southern Indiana G & E 4.80% cum preferred —100 Southern Nat Gas class A com—* Class B common * Southern New Eng Telep.. 100 Southern Union Gas com... * 4% 3% 15% 80 99 cum 92% 5% 37% * North American Co com 6% preferred North Amer Edison $6 pref North Amer Light Sc Pow— 35 preferred Duquesne Light 6% 1st preflOO 5 Niagara Hudson Power —* _—...* Peoples Water & Gas pref .—100 Peoria Water Works 7% pref. 100 Phila City Pass—See Phut R T la Philadelphia Co com 6% 81 Ask 4 122% 90 80 ; 6% preferred 50 N J & Hud Riv By & Fer pref 100 New Jersey Pow & Lt $6 pref—* New Jersey Water prof 100 New Orleans Pub. Serv com * 6% preferred 7% preferred Bid Citizens Traction 50 Consolidated Trac pref—--50 53 120% 50 7%preferred 126 W 51 . New Haven Water New Mexico Gas com.. 74 3% 55% 23% 21% ...—— < Par Peoples Light Sc Power com A__ —J 00 New Eng Gas & Elec Assn— Option stocks possible for the closing day of the month preceding the date of issue 3 16% 18 m 31 111% 86 120 103 91 99 89 121 111% 113 85 95 1.50 22 87 95% 30 13 58 98 108% 99% 4% 98 1.60 22% 32 19 58% 101 110 101% 4 Preferred 100 Wisconsin Pow Sc Lt 6% pref.100 7% preferred 100 Wisconsin Pub Ser Corp 7% pflOO 6%% preferred Wisconsin Telep 7% pref— Worcester Trans Assoc York (Pa) Railways 100 100 —. * pref..——60 York Water Co.............—. 28 74 79 75 87% 114 18' 29 I? 97 i?lH 15 iH 33 35 Securities" we include all issues which do not appear "Industrial and Miscellaneous heading Under the Companies" and "Public Utilities." In the "Insurance," "Mining," "Real Estate and Land," heads, then follow with the rest of the previous three headings, namely "Railroads" "Investing case of stocks, however, we put "Textile Manufacturing," "Title Guarantee and Safe Deposit Companies" under separate under the Miscellaneous." "Industrial and Quotations for all securities are as near as ■ : *»/ : • 1955-A&0 1948-M&S 4-4 Ms A&O 1938-1939 ; 101 78 161" / - 142"" / 80 85 / 62 66 70 50 98 f 35*" 83 86 97 1951 100 97 m Amer Aggregates Corp— '•> Deb 6s '43 ser A with war.F&A . 100m 1942 F&A (Pa) 6s '48--J&D / 48 (Del) 6s '47.J&D / 41 94 Ice Co deb 5s 1953-'—J&D Amer Colortype 6s 10lm American Type Founders Inc— Conf s f deb 2M-5s 1950-—J&J Canadian 107 105 m 105m New conv 6s 1961 81 95" 105m 105m 35 24 m 98 98 1942.J&D Ang) 1942. -J&D Apex Oil Corp 6H»w w '39.M&N Arcade Malleable Iron 7s 1943— / Armour & Co of Delaware— 1st M 20-yr 4s ser B 1955.F&A 1st mtge 4s series O 1957— J&J 1st s f 68 (Los Armour & Co—Real estate 1939 opt—.J&D Armstrong Cork deb 4s 1950-J& J Arnold Print Wks 6M8 1941.A&O 1st 5s Feb 1 1952 A&O Asbestos Corp inc 6s 1941—J&J Associated Mtge Co 2-6s 1953 Atl Gulf & W Indies SS Lines— w Coll tr g 5s Jan 1 1959 J&J Atlanta Laundries 6Ms w w 1943Atlantic Ice Mfg 6s 1945 F&A Atlantic Refg deb 5s 1937—J&J Atl Bug Ref 1st s f 4s '51—M&N Atlas Imperial Diesel Engine— 6% conv notes 1945 M&S Atlas Pipeline Corp 6s 1945-M&N Gen conv 6s 1950—----1st gold 4U& 97 m ♦1021>32 102 m 104 m 105 77m ' / 76 m 75m 45 47" 75 73 100532 101 106 25" / 67 m 105 105 101 F&A J&J / 15 1943ctfis.J&D / / 15 40 ' Bethlehem Steel Co— 1st lien & ref 5s 1942--—-M&N ♦ CaUed June 1 at 102 M. Nominal. : j; 105 deb 1956—Q-J Berlcey & Gay Furn 6s stpd 194 K Bethlehem Fdy & Ma 5s*44 i ' n : 118 9 / 15 8 130 103 h 101m 106 m 84m 83m 100 101 102m mtge sink fund 6s 1942-J&D 7 125 83 33 76 62 70 103 64 m tiH — 84 36 Ernesto Breda 7s 98 F&A 1st lien 7Ms 1966 ser 105m 7Ms income 1966 1st lien 78 1967 88 99 86 M 89 70m 96 107 100 X 72 m 99 i5!m 101 101 99 99 99 94 94 94 105 104X Federal Screw Wks 83 m 101M 8* m 11* 6 Ms '39Federal Sugar Ref 6s ctf '33 M&N Fiat s f deb 7s 1946 J&J Filtrol Co of Calif 5s 1946— J&D conv Sf 5s 1942. 80 106 76 74m 28 / — 102 100m 100 96M 25 50 46 2 .... 91 98" 100 101m 104m Finland Residential Mtge Bank s f 6s stamped 1961 M&S Firestone Cotton Mills 5s '48M&S Firestone Tire & Rub of Calif- 101 92 92 92 103 m 33 28 Farmers Nat Mtge Inst 7s '63A&0 „ 88M 91 ... C_—__M&8 20-year 4s s f deb 1956— -J&D Famous Players Canadian— 1st & coll 3s 1937-1939--J&D 1st & coll 3Ms 1940-1942-J&D 1st & coll 4Ms 1951 J&D Farmers Mfg Co 3 Ms 1953. -M&S 102m 96 52 15 Fairbanks Morse & Co— 112m .— spr 96 m 33 7s iricome 1967..— Everlastik Inc 1st 7s 1937-M&N 90 81h 70 B—F&A 1954 European Mtge & Invest— 105m ... 73 1938—J&D r Eastern Mfg 7s ser A 105"" 105 105 .M&S 105m First Bohemian Glass Works— ' „ 94 6M% notes 1946-A&0 Follansbee Bros 5s 1947 J&D Forest Lawn 1st s f 6s 1949—J&D 74 102 m 103 98 m J&J 101 53m Framerican Ind & Dev Corp— Deb 7 Ms 1942 —J&J /108 Francisco Sugar 6s 1956 M&N Franklin Coal Co 7s ws 1949-J&J French Nat Mail S3 Lines 6s '52 115 11§" 99" Frick-Reid Supply 6s 1943.-J&D 103 m 104m 99 Fruehauf Trailer deb 4Ms'47A&O 1st secured 7s 1957 9£m 10/ 98 Flour Mills of America Inc— 99 100m 104 Conv g 68 69 74 39" 92" Gair 85 .... (Kobt) Income notes 6s 1972 Gelsenkirchen Mining Co— 6-yr 6% notes 1934 M&S 78 .52 6s 1937 Gen 25 99m 100 m Amer"Transport 3s~19~4~0"-J&J 3% notes 1941-1942 J&J 90 42 105, 1st mtge s f 5Ms 1947 ser A. J&J Gen Elec (Germany) 7s *45-J&J15 69 M 100m 94m General Bronze deb 6s *40—M&N General Cable Corp— 101 30 m 30m J&D Debsf 6s 1948-M&N / 32 135 Gen Finance conv deb 5s '40-F&A Deb 6Ms 1940— . — 59 m 101H 101m 107 62 b Basis. 100 Conv deb 5s ser B 1951—-J&D 104 108 133m 103 m Called June 1 at 105. 83 m 102 105 / 7% notes 1931 J&D / 13 Empire Oil & Refg Co— 87 m 1st & coll tr 5 Ms 1942—A&O Empire Sheet & Tin Plate— 89 6s 1943........... Emporium Capwell Corp— 102 m 1st 4s 1952 J&J 102 m 4% notes 1942 J&J 28 Erie Elec Motors 5s 1941 " a 35 103 M&N A 1951 99 m 5 J&J mm mm Eaton Paper 1st 5 Ms 1943-M&N 108 % Elec Auto-Lite deb 4s 1952-F&A 49 Elk Horn Coal 1st 6Ms 1931. J&D J Commerz-und Privat-Bk Germ'y) 5M % notes'37(Am pt ctf)M&N f 49 Commonwealth Subsidiary Corp103 m Deb g 5Ms 1948 ser A..M&S 32 80 Connor Lumb & Land 6s '41 M&N 98 76m Consol Biscuit 1st 5Ms B *46 M&S 1st 5Ms ser O 1946 J&D Consol Cement Corp— / 83 193 Cum inc 6s 1950 69 193 Cum inc 6% notes 1950—F&A J 179 Consolidated Laundries— 99M Extended 6Ms 1941 A&O 179 20 Consol Mach Tool 7s 1942--.J&D / looM Consol Oil s f deb 3 Ms 1951. J&D 105m / 89 Consol Papdfc Corp 5Ms 1961 57m Consol Textile 1st 8s 1941—J&D f 40 Consolidation Coal Co— 69 Sinking fund 5s 1960 J&J f 54 102 5s 1950—Consumers Co 1st 6s 1946—J&J f 58 103 X 16 Container Corp 1st 6s '46-J&D15 101 Deb 5s 1943 with warr—J&D 16 Continental Roll & Steel Fdy 98m 1st M conv s f 6s 1940 J&D 91 Copley Cement Mfg 6s '41—A&O 101M 109*" Copley Press 5Ms 1943 F&A Cosden Oil Corp 1st 6s 1938.M&N f 102 107 59 Gen lien 6s 1938......—M&N / 17 t Called July 1 at 100. ►t. 10 55 122 m (L A) 6s '39--A&O 3MS 1051 Cn ©O 33 m f 6s Oct 1&0155'60 A f Eastern Cuba Sug 7Ms '37.M&S Eastern Dairies 6s May 1 1949-- Commercial Invest Trust Corp— Debenture .mmmm 50 i m V Durham Duplex Razor 6s 1955 Eastern Oar Co Ltd 6s 1952-J&J 11 70 106m 1st 101M 140 101 ...M&S M&S Cold Storage 86 102 98m 1st 8s 1941--M&N Comm'l Disc t i5om 85 m Dufferin Paving & StoneDebenture 5s series A 1955 96 m 101M / J mmmmrn 36 35 101 Debenture 5s series B 1955 96 ^ Bedford Pulp & Paper 6 Ms 1942. f 101 98 ^Beech Creek O & C 5s 1944..J&D 106 Beneficial Loan Soc 6s B 1939 Q-J 6s profit share 117x 64"* J&J Certificates of deposit Beattie Sugar 7Ms 77 22 / Stamped ex-warr 1938—M&S f 175 105 1st g 5s 1940 M&N 1946— 97 m 73m 1100 Stamped w w 1938 M&S / 180 6s without warrants 1938-M&S / 174 1st mtge 6 Ms —- 97 m 97 m J&J 1947—M&N Terminal— 26m 25 Baldwin Locomotive Works— 6s with warrants 1938——M&S / 180 Bayway 36 98m Auburn Automobile— Conv deb 4 Ms 1939 5s assented 1940— Baragua Sugar Estates— Cum inc deb 6s 1947 Barber dc Ross 6Ms 1937— Bates Valve Bag Corp— Deb 6s ex-warr 1942- 101M ■ . 32 / / Donnacona Pap 4-4 Ms *56—F&A Dow Chem Co deb 3s 1951..J&D 151" 44 105m 34 Driver Harris Co— 101M 46 105m 77m ,96 luoM Deb s f 5Ms 1948 .—M&S / Cespedes Sugar 7Mb Sept 1 '39— Champion Pap Corp 6s T45_.F&A Champion Paper & Fibre Co— 4 Ms s f deb 1950 —.M&S Chateaugay Ore & Iron— Guar gold 4s 1942 -J&J Chesapeake Corp— Conv col 5s 1944 J&D a Chic Pneumatic Tool CoDeb sf 5Ms 1942 A&O Chicago Stk Yards 5s 1961-A&0 Childs Co deb 5s 1943 A&O Chilean Nitrate inc 5s 1968—J&D 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 I960 Q-F 7s series C 1959 Q-M 7s series D 1956 Q-J 6s series AA 1953 Q-F 6s series AB 1948— Q-M 6s series AC 1952 Q-J Colo Fuel & Iron s f 5s 1943-F&A / Income 5s 1970 Colo Indus 1st 5s A & B 1934 F&A Commerc'l Credit 3Ms 1951 A&O 42 s Deb 4M» ser 67 m 77 m 100 42 f Dominion Textile 4Ms '55—M&S 66 m J&J 90 100 m 101m 97 Dominion Tar & Chemical Co— uom 102 m lulM 6 Ms 1952 Central Steel 105 x 22 M ,106 A.A&O 92 / Dickey (W 8) Clay Mfg Co— / 153 Non-cum inc 5s (W-S) 1949 82 Non-cuminc 5s (exnBtk) 1949-_ / 100 Dold (Jac) Pack 1st 6s '42.M&N 104 m Dom Coal 1st s f 5s 1940 M&N Cum inc deb 6s 1955 M&S /100 m 105 Dominion Steel & Coal 6 Ms 1955 45m '45.M&S Oanners Ltd 4s'51M&N 1st mtge 6s 1941 Gen mtge 5s 1941 Central Ry Term & Farm Ln 73 109m 99 m 100m Deutsche Rentenbank— loo '41-j&J 95 38 39 / / Anthony (E C)— Autocar Co 7s ext 1942 25-yr guar 5s 1955 M& Canadian Vickers 6s Aug 1 1947 Caribbean Sugar 7s stmp 1941— Carriers & General Corp— 103 62 m 60 21 M 73 60 J&D 1944 06 (Berlin)— 6% notes (Am part ctfs)„M&S Stamped (Mar '33 coup on) '35 6s extended 1938-. M&S 62 m 105 5s * 61 94 Deutsche Bank 92 67" J&j 15-yr deb 5s with warr '50M&N Carthage Marble 6Ms 1942— Cassco Corp inc 6s 1949 M&S Celotex Corp— Debenture 4 Ms w w 1947-F&A Central Foundry Co— ♦ % 6um Certain-teed Prod Corp— Anglo-Chilean Cons Nitrate— Sink fund income deb 1967 J&J / Antilla Sugar EstatesIncome deb 6s 1951-1 J&J / (San Fran) 80 60 142 Anaconda Copper Mining Co— Sink fund deb 4Ms 1950--A&O 1st s f 6s 76" /138 '42--M&S / J&J / — 74 Canadian Nat Steamships— , Amer Writ Paper 1st 6s 1947 Certificates of deposit 49 '60--A&O '39--A&O 1st M 6s 1949 106m 79 5M% notes 1956 J&D f 102 Am Lime & Stone 5Ms '51—M&S 93 Am Mach & Metals 4s 1943--J&J 105 m Amer Radiator deb 4 Ms *47-M&N American Rolling Mill— 102 H Sinking fund deb 5s 1948—J&J 105 m Amer Seating 6s stamped 1946— 106 m Am Tobacco deb 4s 1951 F&A 118m Debenture 6s 1944 A&O 40 82 Canadian Internat Paper— _ Conv 5Ms 1949-—-J&J Amer La France & Foamlte— 115 J&J Tobacco Dairyland Inc 1st s f 5s 1946.M&S Davidson Chem 6Ms 1937—A&O De Bardeleben Coal Corp—1st mtge 6s 1953 J&D Certificates of deposit Deep Rock Oil 7s 1937 M&S Detroit Times deb 6s to '43.M&S 98 110 Canadian Bakeries 6 Ms Amer Dept St's Amer Dept St's Amer I G Chem Corp—* Conv deb 5Ms 1949 M&N Amer International Corp— 96 1946--M&N F&A 106 H Canada Bread 6s 1941 106 H Can Cementlst4MsserA'51 M&N Canada SS L deb 5s '43--F&A15 50 Am Wire Fabrics 1st 7s j&J Canada Biscuit 6 Ms 50 f Without warrants 88M 106 90 (Copenhagen) 1st & gen M 6s 1941 ser 1st & gen 5s 1957 105 9b ext 1941 Camaguey Sugar 7s ctfs 106 104 m 103 m s 101h 60 Cudahy Packing 3 Ms A '55.M&S Conv s f deb 4s 1950 M&S 91 105 -F&A Byers Machine 3-6s California Packing Corp— Cons deb 5s 1940 105 m Cuban , 90 1942—M&N Cons g 5s Jan 1955 Bush Term Bldg 1st 5s f Nov 1 1950--M&N 15-yr 4s 8/M 15-yr s f extl 6s 1940 J&j Burns Bros deb 5s A 1961--M&S Burns & Co Ltd 1st s f 5s 1958 J&J y Income 5s 1958 -J&j , Bush Term 1st 4s 1952 A&O 50 / *4 « Inc— Campbell River Timb 6s 99m 106 m 106 m M&S 1952--M&S f deb 5s '48-J&J 1st s f 7s 1955 Aluminum Co debs 5s Amer 1950 ser B f deb 3 Ms 1950— Butterick Co 6% notes 32 99 m s 1st series B 1948 100 66 15-yr Budd (E G) Mfg 6s Burmeister & Wain 25 f 138 5Ms 1946 65 |90M M&N M&N A&O M&S f 7s 1950 Bryant Paper 6s A 100 Alpine Montan Steel Corp— New 3-6s 1943 s 65" 63 Paper— 99 100 m 1U2M 1945--M&S - Brown Shoe Co 83 101 88 1946 J&J Algoma Steel 1st 5s 1962 A&O / Affied Mtg inc coll 2-5s 1953.J&D Allied St's Corp deb 4 Ms *50-A&O Aluminium Ltd s Gen 1st 5Ms v- 99" 6s 1955 Alberta Pacific Grain 6s 1st 6s 1950 101 27 98 m Crown Willamet Pap 6s '51--J&J Crucible Steel Co deb 5s '40.M&N 56 63 - Brown Co 1st With scrip Aeolian Co 6s 1937 J&J Akron Times-Press 1st 6s '45 A&O Alabama By-Prod 6s 1955—J&J Income 6s 1955 ----Alabama Co 6s 1938 M&N Ala Cons Coal & Iron 5s '38.M&N Alabama Mills 6s (w s) 1953--.-. Without stock Albany Perf Wrapping Corplst M coll tr 6s 1948A&O 6s assented w w 1948 1956 British Columbia Pulp & .... 6s '52. J&D Ex scrip Debenture 4M« 101m 6s British Am Oil deb 4s 99 25 Sinking fund deb 5s 1946-F&A Credit Service deb 6s w w '48.Q-F Crowley Milner & Co— i Deb 5Ms 1946———M&N Crown Cork & Seal Co Inc— l?fl 23 t M&N F) 7s 1944 m 23 Brandram-Henderson 6s '39 M&S 100 m 102 A&O 5-5 Ms 1940-1945 Advance Bag & Paper Bowser (S 99 m 99m 100 m lu& Botany Cons Mills 6 Ms '34.A&O Certificates of deposit 103 99 m 1947 J&D 10-year 4 Ms debs 1946—F&A Addressograph-Multigraph Corp Coll tr g 4s V ; 96 1941---A&O 100 m 100 % 99 m ,88» 102 106 mx Gravel 7s 1939---- Boston Wharf 1st 4s 1st M 5s 1953 ser A —J&D / Certificates of deposit——-- f Acadia Sugar Ref 4Ms Adams Exp coll tr g 4s Boston Sand & 104 m 103 1942-M&S Abitibi Power & Paper— Cosden Petroleum conv 5s '47 J&J 105m A&O 3 Ms series E 1966— , Ask Bonds Ask to 1941 J&J Beth Steel Corp 4 Ms > Bid Cosgrove Meehan Coal 6Ms 1945- f (Vane Co 3 Ms s f deb 1951-J&D Creameries of America— ' Bid Bonds „ Abbotts Dairies deb 6s possible for the closing Ask Bid Bonds INDUSTRIAL AND MISCELLANEOUS BONDS and income and defaulted bonds day of the month preceding the date of issue where marked "f" "and interest" except NOTICE—All bond prices are Gen Motors Acceptance Corp— 101M 10-year deb 3s 1946 F&A 15-year deb 3 Ms 1951 F&A 74 Gen Rayon deb 6s 1948 w w. J&D 8iM Gen Stl Cast 1st 5Ms '49 w w.J&J 33 Gen Theat Eq deb 6s 1940.A&O / Gen Vending 6s 1937 F&A f 17 17 Certificates of deposit i 92 Georgia Marble 1st 6s 1950-M&N 24 German Atlantic Cable 7s 1945— 102 100 76 83 34 22 * / This price Includes accrued interest. 25 25m k Last sale. June, 1937] industrial & miscellaneous bonds 83 NOTICE—All bond prices are "and interest'' except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible ror the closing day of the month preceding the date of issue Bonds Bid German Bldg & L'd Bk 6 Ms 1948 f 20 Glen Alden Coal M s f 4s *65 M&S 79M Globe Industrial Loan 6s 1955 J&J 82 Globe Wernicke 6s Oct 1 1944---. 100 Gobel (Adolf) Inc— '•Oonv deb 4Ms ser A 1941.M&S 77% Godchaux Sug 1st s f 5s '47-M&N 104 Good Hope St & Ir Wks (Germ'y) 8 f g 7s Oct 15 1945 A&015 f 24% Goodrich (B F) Deb g 6 1945 J&D 105 1st mtge 4 Ms 1956 J&D 100 Bonds Ask 0 1 ©1 v-a I«ta l 1 a a 104M Gordon Baking Co (Mich)— 5s series B 1945-50 J&D 100 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 Graham Paige Co 1st 6s '3R_F&A 5- 30 105 M 100 % 104 M 101M 97 % Great Lakes Paper Co Ltd— 1st s f 58 1955 —-A&O Grigsby-Grunow Groc St's Prod conv 12 89 96 101 101 Hamilton Mfg 5s w w 1951--M&S Hansa Steamship Lines— 10-yr 6s 1939 stamped A&O 6s unstamped 1939 99m s s 56 J&J / 103 104 27 m 100 M&S - 97 M 98m 95 97 m 85 75 89 m 95 A&O A&O ft, - f 5s 1947. M&N Certificates of deposit— Conv deb 5s 1941 J&J15 s 78 m 38 97 102 M 48 m 74m 50 107' 76m 'sb A—M&S Internat Pow & Pap of Nfld— 1st M 5s 1968 J&J 103 1st 4Ms 1968 —J&J Internat Salt g 5s 1951 opt. _A&0 Isotta Fraschini 7s 1942 J&D 1st mtge 4 Ms ser A 1961—M&S 105 *«,. 101 M&S 76m 101 101 98M 1st 6s 1943 with Am shs—M&N Ctfs of dep w w stpd 1943 6s stamped (par $925) 1943 •_ (par $925) 1943— Keith (B F) Corp 6s 1946—M&S Kelly Springfield Tire 6s *42-A<S 6s stamped 1942Kelsey Hayes Wh'l 1st 6s '48. J&J 15-yr conv deb 6s 1948—J&J Kentucky Rock Asphalt— 3M-6Ms 1945 J&D Kentucky Securities coll 5s 1940warr 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— Kingston Elevator 1st 6s *50 M&N Kinney (G R) ext 5 Ms 1941-J&D Kir by Lumber 6s 1938-—-J&J16 s: 87 48 95 43 19 S* 99 m 78 78 96 93 99 98 40 82 93 42 96" 100 100 m 100 M 101m 102 102 m 65 101M 68 95 98 M 99M 101M 102M 96 1st M 6s 1945 with warr„M&N 103 M 108 M 111M conv 4 Ms 1947—M&S Merchants Distilling Qorp— 5% conv deb 1947 M&S 19 Middle States Petrol 6 Ms 1945— Miller & Hart Inc. deb 6s '43-J&J 7% gold notes 1935 101 101M b Basis, 90 24" lOOxa 93% 70 5-yr 6% notes A&O / J&J / -M&N I M&S / 1931 Minn Valley Canning 6s *41—J&J Mohawk Rubber ext 6s 1938 A&O Monon Coal—See Chic Ind. & L Monroe Coal Mining 6s 1947 Montreal Cotton deb 5s '43-M&N 6s series 6s sec x-w ser 4 1933 5 Ms series 16 1940 Coll A 5s Coll B 5s Coll O 5s Coll D 5s §2* 33 101M 70 % p 34 91 104 m 101 89 / M&N / M&N / 106 91* 96 J&D 20 93 93 25 105 f 20 103 % 70 31 14 103 m 103 m 105 1st income 5s 1945 A&O / Orono Pulp & Paper 6s 1943-J&J / Osgood Co deb g 6s 1943 J&D f O'Sullivan Rubber— 5 Ms ww 1947 A&O Oswego FallsCorp 4 Ms 1952.M&S Otis Steel s f 4 Ms A 1962—-J&J Oxford Maimi Paper 6s 1947-F&A Pacific Atlantic SS 2-5s '43-M&N 101 29 9 38 m 104 M 72 33 17 104M 108 103 32 11 40 M 97 22 49 65 57 63 96 98 90 91 89 M 89 m 94 28 Pac Coast Cement 6s A1942. J& D Pacific Coast Co 5s 1946 J&D 86 68 M *48. J&D 101m Pan Amer Petrol Co (of Calif)— 1st conv s f 6s 1940 J&D15 / 39m Certificates of deposit f 39m Panhandle Eastern Pipe Line— 1st mtge & lien 4s 1952—-M&S Paramount Pictures 6s 1955.J&J 100 M Conv deb 3 Ms 1947 M&S 91m Parmelee Transportation Co— S f conv deb 6s 1944 A&O 65 Peabody Coal Oo (Consol Co)— 1st s f 5s 1953 ser A M&N 88 Pearl River Valley Lumber— 1st income 4-5s 1945 M&S 115 Penn Mercantile 3s 1942 53 Pennsylvania-Dixie Cement Corp 1st m s f 6s 1941 ser 100 M A.M&S15 Pennsylvania Glass Sand Corp— 1st s f 4Mb 1960 J&D 104 Pettibone Mulliken— < v 6s 49 3.40% 95 m (w s) 1948 Inc deb 7 Ms (w s) Aug 1 1953. Oregon-Am Lumber 6s 1942-A&O Oregon Pulp & Paper 6 Ms to Apr 30 '37, 6% to 1945—M&N Oreg Terminals 6Ms A1942.M&N / Palmer 99 Oorp of La 1st 6s ww 1943 55 101 104M 95 23 Phoenix Iron 1st s f 6s 1946.M&N Phoanix Silk Mills 7s 1943 / Pickering Lumber 6s A '46.-M&N / Pierce Butler & Pierce 6 Ms '42— / Pillsbury Flour Mills 6s 1943 A&O Pine Hill Collieries 1st 6s 1942/ Pirelli Co of Italy cbn 7s *52 M&N Pitts Coke & Ir conv 4 Ms'52 M&S Pittsb Brewing 6s Feb 4 '49—J&J Pittsburgh Coal Co— Sinking fund deb 6s 1949_F<5 97 25 85 M&S/ 90 29 28M 12M 12M 104 19 35 21!*: 14 16 37 107 % 18 93 97 99 100 109 Pittsburgh Coke & Iron 107 107 % 100 75 75 75 101 Oo— ♦ 1 1941 ser 2 1946—...J&D 81 68 ser 3 1951 60 ser 4 1956- ser sn* 94 M&S 69m 69 m k45 M&N 1947-M&S 2 '66-A&0 85 98 6% notes w w 1938 M&S / Phila Brew 1st conv fsl944_M&S Phila & Read O & I 5s 1973-J&J Conv deb 6s 1949 A&O / 112 1st 6s series A 1945 1st 6s series B 1948 1st 6s series C 1950 ..J&D J&D J&D Secured 6s 1937-.' Deb 6 Ms Jan. 1 1937 J&J 103 108M l5§l? 102 M Pocahontas Consol 104M 101M 102 Collieries— 58 Munising Paper 6s A&B '43-A&O Munson Steamship Line— Port Arthur Canal & Dock—See RR. Portland Woolen Mills— nk 14 % 8 A&O Certificates of deposit 8 Namm (A I) & Son—See Mfrs Tr Nassau (Ger) Landbank 6Ms 1938 f 22 Nast (Conde) 6Ms Dec 15 1937'98 Nat 1 Acme 4 Ms ext to *46—J&D 100 m Nat'l Baking 6s ser A 1941.M&N 101 Nat Container deb 5Ms *52-- A& o 98 m 100 Nat DairyProd 103 % 3%sw w'51 M&N 103 M National Distillers Products— 10-yr deb 4Ms May 1 '45.M&N 104 M 104M National Fire Proofing Co— 1st M conv 5Ms A 1940.M&N 95 105 L.7 Cum conv inc 5s 1952—M&N Nat Food Products 6s Coll conv 6s w s ser A '44-M&N Nat Gypsum s f 6s ' 98 100 Porto Rican Amer Tobacco— —J&; Potrero Sugar— 7s stamped 1947 M&> Pratt Cons Coal 1st s f 5s *55 J&; Oonv 6s 1942 Pressed Steel Car Oo— Income deb. 5s 1951 Produce Term & Cold 78 M 78 95 J&. 79 77 90 96 Storage— 83M 7s 1946 / 18 101 ' '44—M&N 60 • f 4s June 1 1965- 38 106 A1954— 1956 65 50 60 m 57 m 55 m 15-yr f 4Ms w w 1950 J& 4Ms without warrants 1950-__ urity Bakeries 5s 1948 J& Quaker City Cold Storage— s 1st sf 5s 1953 » 114M 103 M 116 , 98 54 M&] V 57 Radio-Keith-Orpheum Oorp— Part paid ctfs (for 6 % deb an 63 106M 81 40 ser Niquero Sugar 3 Ms 1937— N Y Dock Co—1st g 4s '51-F&A Serial 5% notes 1938 A&O Certificates of deposit t Called July 1 at 101M* 45** 54 Laundry 6s 1936— 4-5s 63 32 104 1943 A&O Nat Lumber & 103 Creosoting 5Ms— Nat Radiator 6Ms 1947 F&A / 42 Certificates of deposit-.— f 42 5s 1948— / 61 National Steel Oorp— New 104 m 100 Minnesota & Ontario Paper Co— Mtge 2-6s 103 H 100 '45A&0, 118 / 2-5s series B 1954.. New England 103 99 104 - 1st coll mtge Nat Union 102 103" 100 103 h ...... 99 91 202 m 98 104 Morgan Engng 8s 1941 96 40 10 21 Koholyt Corp 6Ms 1943 M&S Hoppers Go— 1st M & co 14s 1951 M&N Kresge Foundation— 10-year coll tr 4s 1945 J&J 3 Ms coll trust notes 1947.F&A .... 102 Morris Plan 96 Called June 1 at 101.666. 102 103M Mtge-Bond Oo 4s 102M 93 85 88 J&J16 • 100M .M&N Mortbon Oorp— J&J tlOlM Kings Co RefTig 6s 1942 A&O Kingsport Press 6Ms 1939--F&A New 1st 4s 1947 40 inc— 108M Inc— 1st mtge 5s 1943 ser A 22% 20-yr conv deb 5 Ms 1950-M&N Mead (The) Corp— Miller & Lux Inc 1st M 6s 84 102 6s with 62 Messenger Oorp deb 4 Ms '51 J&J 97 Metropolitan Ice 7s 1954. -J&J 73 Metropolitan Wat Sew & Dram— Board s f 5Ms 1950 102 M A&O Miag Mill Macb'y 1st 7s 1956- f -J— Mlch Tann & Extract 6Ms'38M&S 95 Journal of Commerce 6Ms 1937.. Extsf 6 Ms 1947 J&J 5s s f deb 1951 McKesson & Bobbins 104 75 Jefferson & Clearfield Coal & Iron Indiana Co 1st s f 5s 1950--J&J Jones & Laughlin Steel— Karstadt (Rudolph) 59 4.00% 4.00% 4.00% 55 Conv s f 5s 1951 F&A Ohio Leather conv deb 5s *46-J&J Okonite Co 6s stmp 1942_„J&D Old Ben Coal Corp 6s 59 % 47 99 m 4.75 4.75 4.75 Ref & imp 5Ms '57 ser A.M&N Nova Scotia S & O 5s 1959.-J&J 6s perpetual stock J&J O'Garu Coal 5s '55 op aft'08 M&S Ohio Fin deb 6 Ms ww 1944.M&N 99 53 43 Deb 6s 1943 with warr—F&A 1937 Norwegian Hy-Elec Nitrog Oorp- 130 120 84 59 m 85 m 100 1st mtge s f 5Ms w w 1945.F&A 55 Martin (Glenn L) conv 6s 1939— 192 m Massey-Harris Co 5s 1947—A&O „ 97 m McCallum Hosiery 6 Ms '41-A&O fk 60 McColl Fron'nac Oil 6s 1949-A&O 102 McCord Rad & Mfg— -••• J&J 5 Ms without warr 1945 Nor western Term Co 5s '48.. J&D 105% 118 —A&O 90 N'west Pub's Deb 4Ms 1948.J&J Northwestern Barb wire Co— 97 128m 18 90 99 102 m 107 m 6s 74 74 Mengel Co 13 m 100M 1st mtge s f 6s 1947 88 Northern Redwood Lumber— 58 J- W 26 Paper— Joseph & Feiss 5s 1943 SZ* 67 59 McCrory Stores Oorp— 81 81 13 m 14 f 5s 1947 ser A—J&J f 5s ser B 1947--J&J ser 97% 96 m 127m Maple Leaf Milling— 2Ms to 1938, 5Ms to 1949. J&D / Marine Elev (Buff) 7s 1948.M&S / 1946 J&D - ?Ta^ric deb 2d mtge 7s 20-yr s f 6s 1947 M&N 97 m New 6-4% 1947 M&N |47m North Western Refrigerator Line Equip trust 4s ser I Jan 1 *38-'43 ft 4.10 Northern Elec & Nor Pap Mills— 1st mtge 5s to 1948 M&N 91 Debenture 6s 1943 M&N 90 106 72 72 / 85 90 % 6Ms 1943 M&S Income 6 Ms 1953 M&S Nor Amer Refract 6 Ms 1944-J&J North German Lloyd— r 34 20 1st sf 4s 1957 F&A Manhattan Reifrig 5 Ms 1941-J&J Mansfield Mln & Smelting— 7s without warrants 1941-M&N 85 83 Equip trust 4Ms Aug 1 ,37-,40_ Equip trust 4Ms Nov 25 '37-'43 Equip trust 5 Ms Sept 1 '37-'44- 108*" 82 80, —J&D 1946 North Amor Cement Corp— Deb 6 Ms A with warr '40-M&S 72 6s series 01946 F&A Loiillard (P) Co g 7s 1944—A&O 5s. 1951 F&A Lukens Steel 5s extend 1955 M&N 105m North Amer Cur— 102 123 93% f 6s N Y World's Fair 1939— Deb 4s 1941 107 Mfrs Tr Co ctfs of partic in A I Namm & Son 6s 1943....J&D UH Certificates of deposit Internat Mercantile Marine— 1st M coll trust 6s 1941—A&0 XT s 68 stumped 1946 _ 82 m Marion Steam Saovel— 102 10-yr sec s f 5Ms 1940—M&N Hudson Coal 1st 5s 1962 A__J&D 48* Hud Riv Day Line 6s 1939--M&S 72 Hungarian Disc & Exch Bank— 35-yr s f 7s 1963 J&J / 37 Hungarian-Italian Bank Ltd— Sinking fund 7 Ms 1963—A&O / 33 M Hygrade Food Products Corp— 1st & ref 6s Jan 1949 A A&O 79 M 6s 1949 series B J&J 79 Ice Service 1st 6Ms 1937 95 J&D 1st 6 Ms 1939 J&D 85 Illinois Steel deb 4M8 1940--A&O 106 M Ilseder Steel mtge 6s 1948 F&A / 24M Independent Brewing 6s '55.J&J 110 Indiana Ice & Fuel 6 .s A 194774 Ind Limestone inc 6s 952—M&N f 16 Prior lien s f 6s 1942 M&N 89 Industrial Acceptance 4s 1952 J&J 97 Inland St'l 3Ms ser D 1961—f&a 104M Interlake Iron Corp— Conv deb s f 4s 1947 A&O 97M Internat Agricultural Corp— 1st & coll tr s f 5s 1942 M&N 100 M International Match Corp— Ref mtge 6s 1955 101% l&* 96 .... tv* 89 m 1st M 20 104m 129M Manati Sugar 1st 7 Ms '42.-A&O Ceitificates of deposit 86 Home Serv(LosAng)6Ms '42 Home Serv(PortlTore)7s *41 Houston Oil Co of Texas— s A&O 5s 1942 f Logan County Coal 7s 1942-M&N Long Bell Lumb 6s sei A'42-J&J 6s series B 1943 —A&O 29 m 2^ 1st & ref s Lion Oil 4 Ms 1952 A&O Loew's Inc deb s f 3 Ms 1946-F&A 94 4M-6M8 1st mtge 1944—A&O Holland-Amer Line 6s '47--M&N Hollingshead (R M) Co 7s '38 F&A Holly Sugar 1st 4s 1947 A&O 8 95m 60m Liggett & Myers g 7s 1944--A&O Gold bonds 5s 1951 F&A 23 m Hearst Publica 6 Ms to 1947.M&N Heller (Walter E) 4s ww '46-A&0 Helvetia Coal Min 1st 5s *38.A&O Hightstown Rug 6 Ms w w 1944— Hines Land & Timber 6s '48--J&J / Hoe (R) & Co 5-7s 1944 A&O ' 1st & ref 6%_gold notes 1938—J&J 1st & ref 5s 1974 Leipzig Trade Fair 7s 1953-M&N t Lib by McNeil & Libby— 69 m Haytlan Corp income 8s 1938 International 57 m 55 103" Hearst Magazines— Deb 96 m F&A F&A 1st M f deb 5s 1951——A&O Co— f J&J _6s 1937-1938 95 Lindsay Nunn Pub 6s 1944--M&S for Am shs — Leonard Tietz—See Tietz Hawley Pul 1st 6s 97 100 Harris-Seybold-Potter— Conv mm F&A F&A 1st & ref 5s 1944 1st & ref 5s 1954-.. Harpen Mining Corp— warr — 81 f 4 Ms s 101M 102 _ 100 1954 ser C—J&J Lehigh Valley Coal— Sec 99 Gen sinking fund 6s 1956--A&0 6s with Cons 1st & ref 5s 1964 99 33 m Ask 100% 1st 6s ext 5M% 1942 M&N NYLE&WD&l 1st 6s *13 Extended at 5% to 1943-_-J&J N Y Shipbuilding 1st 5s Nov 1'46 New \ork Trap Rock Corp— ',40* fk 37% 25% Layne & Bowler 3-6 Ms 1947 99 Lehigh C & Nav fund 4s '48 J&J Cons s f g 4Ms 1954 J&J 15 91m 49 ' 6s 1954 with war._J&J /* 37 m mtge income 1975---_J&D Lawrence Portland Cement Co— Deb g 5 Ms 1942 A&O 87 M Gulf States Steel 4 Ms 1961-A&O Hall (F W) Printing Oo— 1st & coll 6s stmp 1947—M&N Hamilton By-Prod Coke Ovens— 1st s f 5s ser A 1955 M&N conv Certificates of deposit Bid N Y Ev'g Journal 6 M» *37—J&D NYLE&WC & RR— Nitrate Co— Lautaro 1st 95 M t 6s '36 M&S f 6s 1945. J&D conv 100 / 123 1 1947 / 133 1st 5Ms 1961-----—— 100M Debenture 5s 1961..—...... 81M Lake Superior Corporation— 1st & coll tr gold 5s 1944—J&D / 40 Lane Bryant Inc— S f deb 6s 1940 with warr.M&N 101 Langendorf Un Bak— 1st 6 Ms 1941103 M&S 1st a* Granby Consolidated 5s 1942 100 Grand Trunk Ry Term 6 Cold Stor 1st 6Ms 1952 / 24 Graton & Knight 4 Ms '51--J&D 97 1 1946---------J&J Lake St John Po & Pr 6Ms 1942— Bonds Ask 6 Ms Feb Goodyear Tire & Rubber— 1st mtge coll tr 5s 1957--M&N 5-6s April 79 M .... Bid Kreuger & Toll—5s uniform ctfs of dep 1959— / 48M Lackawanna Steel 5s 1950—M&S ,107 La France Textile 1st 6s '42. J&D / 38M Lake Erie Bolt & Nut— 61 60 common stock) 65% paid— Debenturj gold 0s 1941..J&D Oonv sf deb 5 Ms 1947 Railway Express Agency Inc— Serial 5s 1938 (s-a) 103 M&S Series 5s 1939-'49 (s-a)—M&S 106 Reliance Bronze & Steel 6s 1944— / 29 Remington Rand Inc— 20-yr deb 4%s w w 1956—M&S 107 _ 64 / This price includes accrued interest* k Last sale* n Nominal. 115 101 104 109 30% 107% MISCELLANEOUS BONDS INDUSTRIAL & 84 marked "f" and income and defaulted bonds day of the month preceding the date of issue NOTICE—All bond prices are "and interest" except where Quotations for all securities are as near as possible for the closing Republic Motor Truck Co Stand Textile Prod 6 Ms '42 Inc— 97 155M VJVU 1/^"" uiugu VOU I Gen mtge 4Mb ser 97 B 1961. F&A 96M 115M M&N Gen mtge 4 Ms ser O 1956 Purchase money 5Ms '54.M&N 112 Restigouche Paper Ltd 6s 1948 Revere Copper & Brass— UiilUJl 103 / 26J4 24 M 8 15 f .... / 1 / I o Rhine-Main-Danube 7s '50 M&S Rhode Island Ice 6s 1948—M&N 5s with stock 1951 Richardson & Boynton Co Cum income 4s 1945 J&J Richfield Oil of California— -Coll tr 6s 1944 ser A M&N Certificates of deposit — Convf s 4s 1952 Richm'd Cedar Wks 6 Ms '45 J&J Richmond Hos Mills 7s 38—F&A _ 1st 6s June 30 Old 5s 117 114 44 M 44 M / / 102 M f Stevens *93* 94 / Deb 5 Ms 34M 36M ' 104M 102M 60M 91 32 Rocky Mtn Fuel 5s 1943 A&O / 103H Rolland Pap 1st 5Ms A '48—J&D Rolls Royce 7s Sept 1 1937 / 5 Stamped / 10 Unstamped/ 19M / 19 36"" 6M 20M 160 A&O 99 Rueping (F) Leather 6s 1940 Ruhr Chemical 6s 1948 A&O f 17 20M Ruhr Housing 6M« 1958 J&J / 105 St Clair Furnace 1st 5s '39_.F&A 102 St Joseph Stock Yds 5s '40.. F&A Deb 4s 1945 with warr 12M J&D / .J&J 82 M 70 Saltex Looms Inc 6s 1945 F&A Gen & ref 6Ms 1951 M&N 6% notes 1937 J&J Sayre & Fisher Brickj6s 1947.J&J Schulco Co 6MS 1946 J&J 3d (July 1933 coup on) Stampec (J 1st extl s f 7s Guar s f 63 is Stamped^ 1946 sar B—A&O *45—M&S Schulze Baking 1st 6s Scott Paper Scripps (EW) deb 5Ms 1943 Scullin Steel 1st 6s stmpd '41 F&A A&O Corp— 30" 106 M 102 M 103 f 94 101 So'western Devel't 4s 1942—J&J Spang Chalf't & Co 1st 5s '48 J&J / Springfield Ice 7s 1944— '46.F&A Standard Ice 1st 6s 1947-..-F&A Stand Oil (N J) deb 3s '61—J&D 87.. 104& 108 M 95 103 25 98 M 70M lm 105 75 100 _ 99M 99 M 103 M 59 32 87 M -I 51M , 51M 117 110 H 34 68 92 M 96M N Y Curb Exch— Baltimore Stk Exch 550 76 27 Boston Stock Exch. 139 98 M 72M 99 M 73M Chicago Bd of Tr„ 1,549 Chicago Stock Exch 410 50 Cincinnati Stk Ex__ 13 14 12 Cleveland Stk Exch Denver Stock Exch Detroit Stock Exch Ft Worth Gr & Cot Hartford Stk Exch. 41 10 M 1942. -J&J Storage(Chg)6s'45-J&J (Kan City)— 1st sink fund 6s ser A 1946.F&A 1st sink fund ser B 1949—F&A U 8 Finishing 5s 1944 J&J U 8 Pipe & Foundry Co— Conv deb 3 Ms 1946 M&N U 8 Print & Litho 6s 1950—A&O U 8 Radiator deb 5s 1938.—F&A conv deb s f 5s 1946 F&A 75 (Bd of Tr) Ang Stock Exch 217 U 8 Rubber— 1947 ser A—-J&J U 8 Sugar 6s 1941 U 8 Trucking Oorp 5Ms'43„J&D United Steel Works (Germany) 6Ms series A1951 J&D 6 Ms series 01951 J&D 6Ms series A 1947 .--J&J nited Stockyards Corp— 15-yr coll tr 4 Ms A ww '51 A&O United Wall Paper Fac 6sJL947— 100M 52 12 101 100 100 Kan City 27"" 23 36M J&J 34M 94 Los 17 68 63 20 l6i" 30 29M 95" lOi"" 100 101M 134 M 83 186 18 1/80 200 3',000 12".6O6 15",665 125 2",256 2,350 i",25o 1*555 115 46 Ex. 48 69 72 55,000 8,000 Exch) 94 Seattle Stock M.J Toronto Stock Exch 94 105M 73 53"" 2,400 1,700 300 Stock Ex. Curb Ex. 200 150 175 2,750 2,000 2,000 St Louis Exchange . San Fran 1,400 5,500 6,150 2,100 4,000 5,000 4,850 125 San Fran 6.000 1.000 5,000 2,400 1,000 46,000 1,550 500 70 13",255 )::0< .mmmm : ■ • Washington Stk Ex § Wheeling Stk Ex. Winnipeg Gr Exch. ■■mmmm mm—mym m'mmm Seattle Curb & 50 95 103 M 125 M 250 523 Salt Lake Stock IoIM mmmm 5.000 1,125 3,350 14,000 Pittsb Stock Exch. io5 28 M 58 8,000 Phila Stock Exch-. 107 S* «;'»■*mm- 250 Montreal Stock Ex. New Orl Cotton Ex New Orl Stock Ex. 99 M 106M . 105 ll", 500 29,000 1,400 6,400 5,150 2,000 3,250 5,000 Minn Ch of Comm. 99" 97 M io5k 101 _ Minn-St P Stk Ex_ 84* 97 96 55 f 126 100M Milw Grain & Stk. 150 1st & ref 5s 98M / No. Last Sale Exch—1,375 $91,000 450 12,750 344 5,400 NYCof&SugEx. 101 27 M&N mmmm 36M N Y Stock 23 M 1945 J&D Ms 1952— 104 — 23 M _M&N 99H EXCHANGE SEATS 97M 99 50 / 34M N Y Cotton Exch— 1945-J&D 75 85"" Wise Lime & Cement 100 M 108 97 96 M 8 Cold Storage 101M 102 M 19 / 103 M&S 6s '38.A&0 / 75 / 54 25 Witherbee Sherman Inc 6s 1944— 102 Wood (Alan) Ir & St 6s 1944.A&O Woodland Farm Dairy— 90 6Ms w w 1944 J&D Woodward Iron 5s 1952 J&J. /150,, 102 M 1st lien 5s 1962 J&J 120H 2d conv income 5s 1962—.. Woodward & Tier nan Print— 92 M 53 J&J 6s 1942 100 M 54 York Ice Mach 6s 1947 A&O y 99M Debenture 6s 1943 J&D 117M Youngstown Sheet & Tube— 101 111 1st Msf 4sser C 1961 M&N 130 Conv deb 3Ms 1951 F&A 35M 70 5Ms 1943 100M 91 Gtd coll trust 6 Ms 84M 4 96 99M 107 M U S Cold 104M 100 100 X mmmm Winslow Bros & Smith— 122 M&N U S Bond & Mtge Corp— Coll trust 6 Ms 1940 103 H 99 61 United Merch & Mfrs 6s United Securities Ltd 5 18 65 63 mm»rn mm ,99 H Willys-Overland 1st 6 Ms '33 M&S Wilson & Co 4s ser A 1955—J&J Conv debs 3 Ms 1947 A&O 20M 1939-J&D — 47 % 110 — - 3M 93 M 99 99 X United Grain Growers Ltd— 5s series A 1948 J&J 1941 96"" 88H 58 58 M&S / 7Ms 1935 Wilcox Oil & Gas 6s 1945 conv 92 M -al946_ M&S15 Deb 6 Ms Certificates of deposit—Sec 96 . 5 Ms series B 1949 United Industrial 1st 6s mm 114 Wickwire Spencer Steel Co— Pr lien & coll 7s Jan 1935.M&N IF 103 M 2M M&N Deb 6s 1940 _ May 1 1942 ser A F&A, 15-yr 3 Ms deb 1952 J&J hion Rock 1st 6s s f 1947.-M&S Union Term Coal Stor 6s '39-F&A United Amusement Corp— 1st s f 5s ser A1956 —F&A United Biscuit deb 5s '50 A&O United Corps Ltd inc 5s 1953 F&A _ f Whittal (M J) Assoc Ltd 5s 1937. Wickw Spencer Steel 7s '35--J&J Certificates of deposit 103M f _ 97 122M Ulen & Co— ___ 123"" 103 M 4Mb conv deb 1947 F&A Tomahawk Kraft Pap 6s '38-A&0 Trask Timber 1st 3s 1944—J&D _ s Weyenberg Shoe Mfg— Debenture 4Ms 1945-.—J&D Wheeling Steel Corp— 1st M s f 4Mb ser A 1966--F&A Whitaker Paper 7s 1942 M&N White Sewing Machine— 14 Tokheim Oil Tank & Pump— __ 1st _ 120M M&S 6s 97"" 81H 96 103 48 M F&A / Steel Prod 6s A '48-M&N 6s serieR B 1948 M&N f Conv deb 6s 1944--- 105M V 94 '52J&J Tietz (Leonard) 7Msx-w '46-J&J Tilden Lumb & Mills 6 Ms'46M&S hion Oil Co of California— lip mm 99 Ticonderoga Pulp & Paper 6s '40 109 104 Jfi 104 M 1952 M&N Wayne Coal Co 6s 1937 M&S f 94 Webster C&C 1st g 5s '42 op M&S 100 West Disinfecting 6s 1940—J&J f 90 West Indies Sugar 6s 1947. -A&O W Va Coal & Coke 1st 6s '50-J&J / 15 West Chain Stores 6s ww'39 M&N V 75 Western Fuel Corp 7-4s '50-M&N Western Newspaper Union— 26 119 Three Rivers Grain & Elevator— 6s 3d stamped 1944 Certificates of deposit 60 J _ 2d 5s '42--J&J Texas Corp deb 3 Ms 1951—J&D Texas Sugar Ref 1st 6s '44_-F&A Thermoid Co 5s w w 1951.-J&D 107M I 99X Conv deb 4Mb 120 f 6Ms '36—J&J Turner Glass Oo 1st 6s M&S 1937 M&N Western M&S 6s ser C *44—M&S 1st s f 5Ms ser A 1951 58 100 105 M Copper & Chemical— s M&S f deb 6s 1941 55"" ' Conv aeb 6s 1944 ser B Tenn Corp deb Tenn Prod 1st 113 80,000 40 13 §1.000 463 9,000 85,000 530 "500 8,500 mmmm 9.65a 105 7 104 M 104M 45 50 97M 97 Ji t Price of Wheeling Stock Exchange memberships are s Salle price, y 80 seats, 70 members. Canadian prices, 98 s 5M% notes Warren (S D) Co 6s 1945—F&A 1st mtge s f 4Mb 1952 100M 120 M 24 Tide Water Assoc Oil 3 Ms 79M 110M 78M 107M 102. 1 35 30 ff r 29 109 M • Called July 24 at 92M 25 25 98 M 1st & coll 4Mb A 1951 J&J 99 Skelly Oil deb 4s 1951 J&J Smith (Howard) Paper Mills Ltd 1st 4Mb 1951 J&D 102 M Smith (L C) & Corona Typewr'rs 100 Deb 2% to 4M % '37 to '46.J&J 70 Smith & Wesson 5 Mb 1938 Socony-Vacuum Oil— 104 Deb 3Ms 1950— A&O South Coast Oorp— / 82 Gen mtge inc 6s April 1950 Southern Advance Bag & Paper— 100M 1st s f 6s 1947 J&D Southern Brighton Mills— 72 1st gtd 7s 1940 J&D 72 1st gtd 6 Ms 1940 J&D 71 Sou Ice & Util conv 6s 1946-F&A 60 Southern Ice 1st & ref 8s '42-A&O Southern Kraft Oorp— 98 K 1st leasehold 4Mb 1946 J&D Southern New England Ice— / 48 1st sf 4Mb 1967 A&O Southern united Ice Co— 50 1st 4s w s 1950------.i-...— Southwest Dairy Products— 6Ms w w 1938 M&N 17" Conv income 5s 1944 • Tenn 75"" 26"" / f f f Simpsons. Ltd— Nominal, 104M F&A F&A - Coll inc 7 Mb July 1 1958 Temple Anth Coal 6 Ms '44-M&S Tenn Coal & RR 5s 1951—J&J 14 83 w* 4Mb conv deb 1951 M&S Shell Union Oil Corp— 98M 15-year 3 Ms debs 1951—M&S Sheridan-Wyoming Coal Co— 70 1st s f 6s 1947—— J&J 98K Siemens & Halske 10-yr 7s '35 J&J / Deb g s f 6 Ms '51 with war M&S ■f 330"' Deb 6s 2930 99 7s 1940 — Signal Oil & Gas— ... * 102 M Conv 6Ms A 1945 M&N Silesian-Am Corp 7s 1941—F&A W* 97 Silverw'd Dairies 5s '41 to *51 J&J ♦ 102 Simmons Co 5s Nov 1 '44--M&N Conv deb 4s 1952 A&O m 103 M Swift & Co— 1st s f 3 Ms May 15 J&D Taylor-Warton Iron & Steel— 24 27 / 5s *46 J&D Staley (A E) 1st mtge 4s 102 M Superior Steel Corp 6s 1938.J&D Susquehanna Silk MillsSink fund deb 5s 1938 J&D with warrants 1956 Without warrants Warren Bros Co— Conv 101M 81 20-yr 1st mtge 4s 1955 A&O A: 100 Ward Baking 6s 1937 J&D15 94 M Warner Bros Pict 6s 1939—M&S 87 M Warner Co 1st 6s 1944 A&O Warner-Quinlan Co— Conv aeb 6s 1939 M&S / 47 / 16 Warner Sugar Corp 7s 1939 45"" 44 Taggart Bros Co 6s 1944 22 23 J&J / 20.. 106M Corp 5s 1948.—.—-J&J Sharon Steel 47 58 6Ms 1943 M&N 100 1st mtges f 5Mww 1949-A&O 119M Studebakar Corp 6s 1945 J&J 16 Stutz Motor Car 7 Ms 1937--A&O Sugar Estates of Oriente— 3M 1st 7s 1942 ctfs of dep -M&S / Sugar Pine Lumber Co— 56 1st M serial 6s 1932-1942-M&S 26 M 20M 21M / / / 7s 1933 Seneca Copper A&O Term Warehouse 1945---J&J Securities Accept Corp Servel 92 1952—M&S deb 3 Ms Scovill MfgCo 5Hs 46"" 4 Ms Deb 23'" 21"" 60 104 M 105M 95 M 1945 J&D Waltham W'tch & Cl'k 6s '43 J&D Walworth Co 6s s f deb 1955- A&O 58 44 M 7s unstamped 1936 2d stamped 1940 25"" 104 1946-&&O 1954 A&O Saratoga' Victory Mills— 6 Ms 1943 -J&J Saxon Pub Wks (Germany)— 99 47 1950-M&N Symington-Gould Corp and Gould Coupler Corp 1st M conv inc Royal Dutch Co— (Hiram)-G & W— Walker J&J Strawbridge & Clothier— 1st s f 5s 1948 M&S Struthers Wells Titusville— 45 56 95 Certificates of deposit 7-4s Stamped 1936 Certificates of deposit 50 48 103 M k 1955 J&_ / 1940---F&A / 65 7s unstamped 1946 2d stamped 1946 26M 21 21M 20 20 88" 86 F&A A1943 Corp— 7-4 s Stamped 1946 50 1942—J&D30 5s ;48 111 Stinnes (Hugo) 48 45 River Raisin Pap 1st 6s *45—F&A Roberts & Oake (Chi) 6s '44.M&N Roch & Pitts O & I 5s '46—M&N St Paul Un Stk Yds J&J J&D & Thompson Pap 6s 1942 Vicana Sugar Co 6s Victor Amer Fuel 6s 103 H 82 Certificates of deposit 38M _____ Stillwater Worsted Mills— 32M 31 Ltd— St Louis Gas & Coke Oori*lst M s f 6s 1947 St L Rky Mt & P 5s '55 stpd 1950 102 M f 97 37 X 46 Steel Co of Can 6s 1940 Vanadium Corp of Amer— Conv deb 5s 1941 Stinnes (Hugo) Industries— Richmond (Va) Ice 6Ms '42.A&0 / Rima Steel Corp 1st s f 7s '55 F&A / Riordon Pulp & Paper U 98 100 94 98 95 Stanley Crandall 6s 1946--F&A Stanly-Rowl-Clark 6s 1946--F&A Starrett Oorp sec inc 5s 1950 A&O 162 28 26M Stern Brothers 6s s f 1947 91M IVUOIDUIUC M&S 40 J&D Stanley Co (Camden) 6s Ask klOO Valvoline Oil 7s 1937 Assontod mmm- Bid Bonds Ask Bid Bonds Ask Bid Bonds fixed b Basis. / This price includes accrued Interest, k Last sale. Industrial and Miscellaneous Stocks ";,y Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Stocks Bid Stocks Ask Par Bid Gainesville Cot Mills TEXTILE STOCKS : Glenwood Mills Gossett Mills Horthern Mills Algonquin Print-100 American Mfg__100 Preferred 130 Mfg Spinning Co Hanes (F H) ; % 7% preferred Hanover Mills— 6% preferred 46 12 100 9% * 55 85 Bigelow-Sanford Carpet common.* 54 109 Preferred Booth Mfg ..100 .100 Preferred 100 Border City Mfg 100 Boss Mfg com 100 Bourne Mills 100 1 24*" 98 37 Mills..I0d Dexdale Hosiery— 55 "2"" 17% 26 83 12 14 % * 39 * Preferred 100 Prior preferred. 42 73% 22% 2% 26% 34% 132 100 Mfg 100 Pilgrim Mills 100 Plymouth Cord- 100 Powdrell & Alexander 12% 68 104 _ 35 25 Sulssett Mills 100 ich Borden Mfg 15 85 73 Copper Canyon. 10c X 1% 1% Dome Mines Ltd—* 38% 38 70 76 Eagle Pich Lead. .10 Evans Wall Lead--* 19% 112 80 19% 1% 28 4 Marlboro Mills Mills Mill pref.. 100 100 104 100 104 Mills-. 100 Cotton. 2 20 19345 7% preferred Pacolet Mfg 100 85 10 27% 5% d* 80 "8X 60 25 59 1Q1 100 12 85 100 - Bibb Mfg.. —100 Brandon Corp A 56 10 58 -I* 12 14 102 China Grove Cot 86 Chiquola Mfg new.. 6 % preferred Clifton Mfg (SO) 100 Climax Spinning. .50 Columbus Mfg (Ga) Converse (D E).100 Cowpens Mills Crescent SpinningDallas Mfg (Ala) 100 Darl'gton Mfg(SO) 5 37 97 125 91 40 101 130 69 75 _ Preferred 100 7% preferred Durham Hosiery 7% preferred-Eagle & Phenix—100 Eagle Vara Easley Cotton Mills 7 % preferredEfird Manufacturing Enterprise Mfg(Ga). Erwin Cotton com.. 6% preferred Pairforest Finish Co - 7 % preferred Florence Mills I 50 107"" •• mm. 48 mm 4 27 52 32 2 4 24 76 140 109 145 112 25 60 65 _ Preferred 10 New River Co 33 61 67 Preferred 32 - 96 31 93 74 99 50 31 143^ 105 Penmans Ltd com.* 62^ 125 32 2% 7% Antelope Min 1 5 isS 19H 14% 4 Silver-Lead.l 101 99 20% 101 k Copper Land & Mining __25 101 5 United Verde Ext50c 99 99 101 Utah Copper 99 101 45c Utah Metal & Tun.l 1 Gold 10 Altar Cons Mines. X Zinc Lead Smelting----... 2c 123^ $6 preferred 25 AnacondaCopMin 50 Andes Copper M.20 Comstock 6c 12% 1 57 100 12% 190 20 25 Bos Stor W'h'se.100 a 18c Boston Wharf Austin Silver Min__l IX 2% 2 4 6 Black Hawk J Flat price, X k Last sale. % n Nominal, % 21% 17 16& 77 60 26 % 6% preferred..100 117% 17 _ Alum Goods Mfg__* Indus-.* Aluminum Ltd * Aluminum 6 % preferred .100 Amal Leather.. 1 Preferred 7% - -50 - - . 8 112% 1213^ 5% 39 3X 7% 94 pref 100 106 * * 10 38 26 Am 6% preferred 50 Bemberg com.* Preferred-.-—100 Am Beverage Corp. 1 7% preferred 5 24% 61% 17 95 2X 33-1 653^ 19% A.Brake Sh & Fdy— Common... * 62 534% eonv pf_100 133 American Can 7 17 150 6 18 22% 147 % IS Bldg Tr__-100 a Chic R E Trus's. 100 a City RE T(O)..500 a Congress St Associ¬ ates (Boston). 100 a % 230 * com Class B Am Bank Note 33 I Par value $100. Alpha Portl Cem__* Class A a Cent 3% Allis-Ohalmers Mfg Common-...* * Am Bakeries 57 10c 100 Prod cl A..25 28 92% 26 TjfBos)-l00 * Rights w i 9% 2% 21% 42 10 26 a a Bagdad Mines—1 REAL ESTATE TR & LAND STOCKS Bd of Tr Bid Tr.100 Bos R E Backbone Gold Dye * American Book.. 100 Amer Box Board—1 54% 97"" & * Amer Air Lines...10 American Arch * 6% 2% Yukon Gold—... .5 54% 77 Copper...5 Wri^ht^Hargreaves* O Bos Gr'd R'T Tr 100 a 58 Chem — ~ix 5c & Prior preferred 111 4c 12 Allied 3% . 32 55 c 4% 1% 11* Amalg Sugar 1 5 % preferred. 10 Amerada Corp.-—* Amer Agric Chem— (Delaware) ±.... * 180 Co—10 1 White Knob Copper P Develop pref-10 STOCKS Mining Gold 1% % 20% 5% Union Walker Mining Alaska Juneau 2X 8% Copper 99 Admiralty Alaska Alles & Fisher. 5% 18% 57^ Mining-10c Teck-Hughes G M.l Tonopah Belmont-1 Tonopah Mining. ,1 ANCE SCRIP Atlantic Mutual— pref—10 Common.-.—.10 Allied Stores Corp.* 5 % preferred—100 73 Silver King Coal—5 4% 29 19% Industries—1 Allien 57% Stand 10% Alientown Portland 4 66% . 2% 40 33* Allied Kid Co com.5 16% 10 Joseph Lea 2% 72% — Aluminum Co Sunshine 122 102 5% 16 * So Am Gold & Plat-1 36 MARINE INSUR¬ Ariz 3% 25 Seneca _ 100 r Allied Mills Inc St Anth Gold M—1 St Preferred 42 16 11 95 Algoma Steel com.* Preferred 100 Allegb Steel com.—* Allendale Corp. * 53.50 Preferred-.* 2% Alliance Realty— --5 Preferred 100 63X 1% Allied Brewing & 8O0 Distilling Co 1 4% 1 Ltd Amer snares. 79 % 150 5 Alberta-Pacific Grain class A.._* r Corp Quincy 23% Alberene Stone of Va 30 Shattuck Denn 79 - "85"" Pond Creek Roan Air-Way Electric Appliance-.-. _.* Albany Packing. 100 Preferred 100 40% Polaris Development & Mining. ..1 29% Air Devices Corp—1 Air Reduc'n com..* 60c * 9% 9X Shoe com.......* r 9% Preferred 100 r 107 Ainsworth Mfg 14% 5 8 Air Associates—..1 2% 62% 1% Enterprise com—* 9 * 29 .10 107 1936............ / 1937-.— 107 Patino Mines & 101 171 2% * Allen 5 Park-Utah— 81^ * Preferred. ....100 Wabasso Cotton.—* Amer 103 27 100 -..100 Montreal Cottons. Preferred ,.100 Purchaser also pays accrued dividend. . 10 77 Premier Gold M. Converters. 100 Can Cottons Ltd 100 Preferred Domin Text Ltd 79% Old Dominion Oo.25 Pacific Tin * Canadian Mills Can 1% 4% 78 X 105X 5 Pocahontas Consol •out par value. Cot Mills 2% d* 1% 12% Pioneer Gold Ltd—1 96 167 8 32 25% IX 12% Rosario Consol Mines 8 Agfa Ansco— Agnew-Surpass— Cement Noranda Mines North Butte 17% 25% 12% N Y & Honduras Nipissing Mines 76 44 25c 3% 100 100 Preferred 85 Class B 8% Aetna Brewery._l Aetna Stand Engine* Preferred 100 34% 18% Mt City Copper National Tunnel 106 36 101 6% preferred...50 Aero Supply Mfg— Class A...... * Vot trust ctfs 4 95 71 50 29 3% 5 104 118 Class A Aetna Ball Bearing 1 mx 17H _ Mills Wiscassett Mills Woodside 2 1 and Mines com. * New Jersey Zinc. .25 Newmont Mining. 10 107 Mining 90 50 118 108 ~~4% 58% 22— 1st 7% pref—.100 2d 5% pref. .100 MINING 28 19 28 1X 68 17 4 Canada * Mother Load Coali'n Mines ...* 63 Winget Yarn Mtge 6s 98 75 103 "4"" 58 Miami Copper 64 90 Ohadwick-Hoskins - 28 143 17% 24% 11% Mining Corp of 14 60 47 10 3l" 34 72 137 16% 11% McIntyrePorcupine5 125 20 Mills..* 55 45 .* 9 57 . . Preferred Calhoun Mills Cannon Mills 24 20 Kildun Mining 100 19 Wellington 7 28 30% 29% Preferred 1 Isle Royale Cop. .25 Kennecott Copper.* 99 West Point Mfg. 100 101 30 Internatl Mining—1 Warrants Island Creek Ooal.l 26 111 15"" 5 Bay Min Smelting * Copper 104" 74"" Aeolian Co— Illinois Zinc—* Inspiration Cons 111 16 98 B 76 X 38c 1st M 6s Jan 1941 Wallace Mfg Co Ware Shoals Mfg 100 7% preferred Burlington Mills.__1 30X 2% 390 25c 65 104 59 76 50 OX Victor-Monag Co.— 7% pref 100 Victory Yarn Mills— 61"" 380 12% 88 101 Anderson Cotton Mills 100 Arcade Cotton Mills Avondale Mills 5 Beaumont Mfg 7 % preferred— Belton Mills(SO).25 24% Addressograph Multigraph Corp...10 Advance Rumely * ■£* 50 Textiles Inc Class A pref 118 43 * Hudson 85 63 Adams Millis 17% 11% 5 75 9X 85 U% 16% 7 7?* Louisiana L'd & Ex 1 Lucky Tiger Comb Gold Mining 10 Magma Copper OolO Mayflower-Old Colony Copper.25 - 24 Acme Steel 25 Acme Wire v t c__20 Adams Express * 17 105 Sterling Spinning Stowe Spinning 27 Abraham & Straus.* 96 27 ¥4 47% X 50 1.00 58 Southern Mills * Howe Sound Co & .... 7% preferred—100 % 1 IX 69 61 2% 47 23 80 38 49 X 90c 6% Abbotts' Dairy * Abercrombie & Fitch 6% 62% Cycle GorplO Kirkland LakeGold 1 Preferred— Southern Weaving— Southern Worsted pf Spartan Mills 100 A B Stove * Abbott Lab'tories.* 6X 61% Lake Sh Mines Ltd 1 Lava Cap Gold Mini Southern Franklin Process com——* 16 14% 76 27* 102 20 21 26 16 14 13% Trust 1 23 * & $6 preferred —.75 22 & Print Wks (Bait).5 Guar of New York Common 100 15 Amer Yarn & Proc 7 % preferred 88 128 89 Casualty Title Abitibi Pow & Pap_* 6% pref. 100 Sibley Mfg (Ga)_100 Smyre (A M) Mfg Common........ 7% preferred Southern Bleachery 55 4 105" Riverside & Dan Riv 107 iH 10c 142 % 36*4 Power common..5 88 22 10» 6% 2c New Amsterdam 102 Greene-Oananea. 100 Hecla Mining 25c Hollinger Mines.-.5 Homestake Min .100 50 Common......25 6% preferred Rowan Cotton Mills IX 1 _ 99 Granby Cons M S & 73" 101 Rhodiss Mills 7% pf Riverdale Mills pref. 15 _ "2"" 1 132 Mines 16 135 _ 2% 40c 10 1 7% preferredlOO . Goldfleld Consol 40 101 2 20c Smelting com..10 _ Golden 12 7% preferred 2(4 Federal Mining & 25 34 (F W) Mfg-100 Ranlo Mfg IX 7% preferred--100 3 145 Class B pref—50 Union-Buffalo Mills Common 10 Acme Spinning. Alabama Mills 85 92 100 7% preferred-.100 Perfection Spinning- 20 INDUSTRIAL AND MISCELLANEOUS Gold Min & M..1 Ousi Mexicana_.50c 58 80 97 610 Cresson Consolidated 50 53 34 Abbeville CM(SG)10 5c 53 45 9 115 mi 9 79 60 Startex Mills * I* 3c 5 - 7 Mortgage Guar..* _ Copper Range * Cornucopia Gold.5c 99 Poe Victory common IX 2 1 Copper % 63 25 Como Mines. Consol 102 65 59 Preferred * Soule Mill (N B).100 Wamsutta M 100 i 54 X 25 Cons Min & Smelt .5 18 70 Sagamore Mfg * 67 1 Copper Mining. .... — a Bankers Bond & 14 X Laurens CM 100 Limestone Cot Mills 50 (P R)———100 Cliff IX 3% 100 105 * i% 3% 10 Zinc-Lead Chief Consol Min Chile a a a TITLE GUAR ANTEE & SAFE DEPOSIT STKS 6 siH 11* Preferred—— Mills 45 19 88 78 37 Shops 1st preferred—100 2d preferred--100 a Empire Title &Gul00 Home Title Ins (NY) Lawyers' M Co.._20 Lawyers Title & Guaranty. 100 Maryland Cas Co__l Natl Surety Co. .10 Piedmont Mfg new. 20 Co (P R)__...100 7% preferred Gaffney Mfg— J% 67% Pickens Cot Mills 94 —— Serial notes Flint Mfg Co Bond & M Guar ..20 Central Am Mines. 1 Oerro de Pasco * 35 Per share 5 28M 106 Preferred Saxon Mills 9% common—......5 Powdrell Dartmouth P* Notes. Dixon Mills Dunean Mills 2% 68 17% Pierce Co Carnegie Metals.__1 Norris Cot Mills Orr Cot Mills—100 8 Pepperell Mfg 8% preferred .98% 100 95 91 "3% 31% Class ..I Calumet & Hecla 5 Sup m :Co 12 27"' Preferred Callahan 59 30% ► 15 9 25 Mills 50 55 28% _ 115 Judson Mills A pflOO Preferred B 100 Monarch Factory Bldg Tr.100 Fifty Associates (B) Hotel Tr(Bo8ton)100 Kimball Bldg Tr 100 45 11 20 101 7% * 27 Ask Bid Par New com 2.50 Butte Cop & Z Oo_5 Butte & Newberry C M..100 Pacific Mills Saratoga 150 Nat Yarn Mills...50 74 16 67 25 5 Bunker Hill & Sull'n M & CI 00 93 Musgrove Cotton Nonquitt M (N B).* Sanford Industrial Cotton Mills pref.. Inman Mills. Mooresville 35 Mohawk Carpet. .20» Mt V-Woodb Mills (Baltimore) 100 Preferred 100 Nashawena M * Nashua M (N H) 100 Preferred 100 Nelld Mills 100 ^ ing, Ltd 48 Kilburn M (N B)_75 Luther Mfg 100 Martel Mills 1 Preferred 8.50, m Bulolo Gold Dredg¬ 69 108 Hathaway Mfg. .100 Saco Lowell Common 40 Linford Mills Majestic Mfg Marion Mfg Co—- 41 Stocks Ask Per share King (JP) Mfg.. 100 162" 80*" 100 100 Alpaca General Cotton Gosnold M (N B) 7% preferred.—-. Highland Pk Mfg 20 6% preferred Imperial Yarn—*—- 11 100 Draper Corp 10 60 90 108 Charlton Preferred Knit.5 Hartsville Cot Mills. Henrietta Mills.—- 'v.v Bid Par 111 Hamrick Mills.. 90 10 60 New preferred Pref unassented. Parr 50% 43"" Stocks 102 65 Granteville Mfg. 100 Grendel Mills Preferred. _.—_20 80 100 100 Preferred Berkshire Pine — —.. 49% 100 Amoskeag Mfg * Arlington Mills—100 Barnard Mfg 100 Beacon 140 Ask Per share Per share 25 7% preferred—100 Amer Canadian Properties Am Car & Fdy_. * * 7 % preferred -.100 Amer Garmel 100 Preferred-. ...100 Amer Centrifugal. 1 r Canadian price t 98 % 155% 2 55 X 85 % 10c 7 3 % Ex-dividend. * With- INDUSTRIAL & 86 MISCELLANEOUS Quotations for all securities are as near as possible for the closing day of the Stocks Par Stocks Ask Bid Par Bid Ask share Per share Am Chain & Cable.* 6% Amer conv pref.100 Chicle 91% 91% New common 7% 100 New 160 Preferred 100 Amer Coal (N.J)..26 113 25 Apaer Color type --10 Amer Commercial : > Alcohol com- -20 . Am Crystal Sugar 10 6% 1st pref—100 Am Cyanamid A_10 Class B. 20 Amer Distillers pf 10 Amer Encaustic Tiling Co Ltd—1 Amer Equities Co. -1 Amer Express—100 Amer Felt common * Preferred 100 Amer Forging and Socket com * Amer Fork & Hoe. * Preferred. ....100 Am Fruit Growers-* Preferred —100 Amer Hard Bubb.50 - 8% preferred-.100 Amer Hardware—25 Am-Hawaiian SS.10 Am Hide & Leath—* 35 17 16 % 24 23% 26% 92% 35% 31% 5% 300 30 90 28 85 lotH 106 5 if" 20 20 19% 108 103 36 37% 6% non-cumpflOO Amer I G Chem A_* Amer Insulator * Preferred 50 Am Internat Corp.* Amer-La France & Foamite Corp— Old common * New common._10 Warrants.. 7% pref 100 Am Laund Mach.20 Amer Locomotive.* 7 % preferred- -100 Amer Mach & Fdy_* Am Mach Sc Met—* Am Maize Prod—* Amer Maracaibo—1 Amer Metal Co—--* ~J% 3% 23% 84 24 88 5 6 48 50 13% 14% 20c 25c 2% 8% iH 26 ,45% 109% 21% 9% 22% 1% 51% 106 21% 9% 20% 1% 50% 114 ,Corpi.*..i..«i.» 64 65 \hH 12% 11% 18 20 * Stand Sanitary—* 7% cum preflOO Am Republics comlO Amer Rolling Mill 25 Am Safety Razor Common —18.50 American Screw. 100 Amer Seal-Kap. .—2 Amer Seating.. * Amer Shipbldg * Am Smelt American 47 45% Snuff. .25 6% non-cumpflOO Am Steel F'dries—* 7% preferred—100 American Stores...* American Stove. 100 Amer Sugar Ref.100 7% preferred. _ 100 Am Sumatra Tob..* Amer Thread pref. 5 Am Tobacco com.26 Common B 25 Preferred 100 Am Wool (Mass)..* 7% preferred.. 100 Wringer * Amer Writing Pap.l Amer New common < * $6 preferred—..* Anaconda W & G—* Anchor Cap * $6% conv pref— Anchor P & Fence.* Andian Nat Corp..* . _ guar pref—100 _ _ $1.50 conv pref 25 A com.-.25 Class 8% preferred. .100 Aviation Corp(Del)3 Avery (B F) & Sons 5 Preferred 100 Baldw Loco Wks__* New common. 100 6 27% 10% 11 —* 125" 15% 52 6% 22% 2% V 8* W* 48 46% 9 149 106% 59 Conv j-5% assumed assumed Bancroft (J) & Sons* Preferred 100 Bankers Industrial- B Brit-Amer Oil Ltd— Coupon .—* Registered.* si* 10 Steel com....... 1 Barker Bros— * I" 124% 24% 4% 128 45% 25 20 11 78% 6% 14% '2' 11 Cream. 61 24 120 9 9% 62% 8% 61% 7 V* 2% 2% 1% 2 78 84% 19% 20 105 106% 3% 48% 49% 232 28 31 IVA 23 12 25 8% 43% aZ* 42 122 117% 1% 5% 1% 5% conv 108%; l\y* 93 lly° 102 105 63 64 7 8 12 12% nNominal, r 3% iiH 5% Borland Shoe St 5% 60 9 8% 20% 20% 19 10% Canadian price. 52 x 21 5 10 2% 1% 2% il" 103 30 32 47% 49 5 24 * 7% preferred.. 100 Bullard Co Bulova Watch. * * * Burco Inc com Burdines Inc.— * Preferred * Burma Corp Ltd— Am dep receipts. 115 - Burns Bros com.—* Burr Add Machine.* com . Bldgs 7% pref 100 3% 13% 12" * 36 25 5 36% 6% 2 5% Ex-dividend pref—* 59" Chic Rivet Sc Mach-4 Chic Yellow Cab-.* Ohickasha Cot O.IO Ohilds Co com * 16% $3% Butterick Co corn..* Preferred .50 — * ... Byron Jackson Cable El Pr v t Calamba Sugar com _* * c 79 111" «* --Jtc. 36 ? 54% 4% 3% 37% Clark Controller-. 1 . Clark Equip Co—.* Claude Neon Lt # 12% 27 30 37% 1 Clayton & Lambert * Cleveland Builders 44 Supply 4% t* 3 27 26% 5 5% 2m 25% Bronze * com Cliffs Corp v t C— Cleve r 30* 14% * 7 23 68% 14 12 2% 1% 12 Worsted Common 3% al* * Oltnchfield Coal.100 Preferred 100 Clorex Chemical... * Club Aluminum * Cluett Peabody * v 7% preferred-.100 .Coca-Cola Bottling of New York Coca-Cola Co * 31 Cockshptt Plow-..* 37% 38% Cohn & Rosenberger Class A. I 55 Preferred 100 Canada SS Lines..* Preferred 100 83% 153% 58. * 30% Cambria Iron....50 Wyant 3c Canada Forgings— Class A^.......* Class B ._._* Can Iron Fdy's- 100 14% Climax Molyb- __* Coca-Cola Intern. * * ..* 29% % 20 * - Mills denum Co 2 6 22% 1 com Cleveland Hobbing Mach com.-. 4 Cleve Tractor* Olev Un Stk Yds-.* Common _ 28% < & 17% 103% 27% 28" 17% 16 ^ 6% Preferred 100 Collins & Aikman. * _ Conv 5% pref.100 18% 17% 1040 fc .* k P©0t ft* * 19% 8 Colgate-Palmolive- Campbell * Without par value. 13 Chrysler Cora .5 Oin Un Stk Yds...* City Auto Stamp. _* y Ice & Fuel * ► % % cum pf. .100 City Investing. .100 City 3c Sub Homes 10 City Stores 5 51 Fdry 18% Preferred100 5% preferred... 50 Cannon 18 Preferred-....100 Chilton Co —10 29% Preferred conv ^ ®H ,18% * [3. 10 Can Dry Ging Ale.5 116 4 110 pref. .30 Butler Bros conv 17 16% * ♦ 7% debenture. 100 Bush Terminal Canada Cement. 100 Preferred ..100 88 41 26H Cleveland Graphite 85% 18% 49% iV* 39 70 Estates 85 79 18 9 Calif Pack Corp 8% 20% 19% 108 Class B (Del) * 20 12% Byers (A M) com...* 7% part pref-.100 Byers Machine * 10% Byllesby class A—..* 50 Common 5 21 95 5% preferred.. .20 7% preferred-.100 B/G Foods Inc * 7% preferred-.100 5 12 & Cement com..* Preferred Preferred—.100 Chic Pneu Tool—.* 20% 50% 7% preferred. .100 Bessemer Limestone Beth Steel WA Buda Co com...100 Budd (E G) Mfg. 5% ' 12 Best & Co Inc __* Beth Fdy & Mach.* 8 14 Buckeye Steel Cast * Bucyrus-Erie Co.-5 7 % cum pref. .100 Bush Term Co 60 58 58 * _.._* 7% 21 103% 64% Chicago Flex Shaft 5 Chic June Rys Sc Un Stk Yds stpd—100 47% Burry Biscuit.12 %c 50 50 Benson & Hedges. _* Conv pref _* Berghoff Brew_.._l Berkey & Gay Fur¬ niture common.-1 Purchase warrants 110 m3:;:¥ 24% 12% Common v t c 1 Belmont Radio—$ Belt RR & Stk Yds * 72 45 $5 preferred.. _* Buckeye Pipe L--50 Budd Wheel ll7" Chic Dafiy News..* Preferred __* * Conv preferred..* 18% 27% Warrants 3%. Burd Piston Ring-.l 12% Bell Aircraft1 Bellanca Aircraft—. common 103% 3% 89 108 . Loan 6% 73 Chicago Nipple 50 . Belding Hem'way. * Belden Mfg com. .10 Bender Body com. .5 Bendix Aviation.. .5 Beneficial Industrial 25c 5 Chic Mail Order. 17% 26% Aircraft 1 Beech-Nut Pack. .20 Preferred 6 100 28 45 pref.20 Common.; Preferred 2% 15c 7 % preferred—100 19% 15% 114 103 Beaunit Mills Inc. 10 $1% 77 26 —* Collender 23% $5 preferred w w_* Bearings Co (Am).* 1st preferred.-100 2d preferred. .100 Preferred 108% 12 O Preferred... _* Beneficial Loan Soc * 220 2 7 23 112 .25 Warrants.. Beech 58 . 19% 14% & Paper A—— Bayuk Cigars new.* 7% 1st pref—100 136 7* Bathurst Power Beatrice 2 19 Cherry-Bur Corp..* Brunswick-Balke- i% 12% Checker Cab Mfg.5 * .. 46% 115 10 * Bruce (E L) Co Brack Silk Mills . 107 ...100 * 1 27 8% 1 78 * Class A pref Brown Shoe D% Refining. 1 25% 4% 31% 31% Forman common 16 Bartgis Bros com—1 6% conv pref. .25 Bates Mfg 100 Bath Iron Wks pf-100 ■88^ 39 26% 5 116 _ Distillery 5 Barnsdall Oil- 111 45 ._ Brown Fence & Wire 38 55% 111% 19% Brown 3% 2% 5%% pref—50 Barlow & Seelig cl AS 54% 111% 19% Brown Go 6% Preferred Oharis Corp Chesebr'gh Mfg. .25 * -.100 Preferred 14% Champion \ Paper Sc Fibre....... * 6% pref 100 Chapman Valve.-25 5 Truck common. Bardstown Distill--1 Stainless Barnsdall 115 6% prior pref. 100 Chamberlin MetalWeather Strip 5 Brinks, Inc.— Bristol Brass——.25 10s 1 common. * k Brockway Motor— Barium 133 9" Certain-Teed Prods * 7% preferred. .100 * Amer dep rets. * 125 76 Sug.19 Centrifugal Pipe * Century Rib Mills.* 7 % preferred.. 100 Brit-Amer Tob reg£l 2% 5% Warrants. Service cl A Barber Co Inc 6 1 10 Cen Violetta Brighton Mills pf 100 A--* 116""* Bristol-Myers * Central Paper Preferred Brill Oorp class Class B * Cent Foundry ram . 1 5 % preferred*. 100 Cent Ohio St Prod.* Ordinary bearer £1 30 im Associates. Central Airport Bridgeport Brass—* Bridgeport Mach—* Briggs Mfg .* Briggs & Stratton.. * Bright Star Elec— Brillo Mfg Class A.. * com 5% cum pref.. 100 Corp... 15 1st preferred * $7 preferred * Central Aguirre Celluloid British Celanese Ltd 29% 143% Celotex Co Breeze Corp——1 Brewers & Distillers5 Brewster Aeronaut'i 1 15" 22% - preferred--100 preferred * Class "6% .108 Caterpillar Tract- * 5% preferred .100 Celanese Corp. * 7% cum pref. .100 Partic pref 100 5% 31% 28% Bowm Bilt Hotels— 1st Co.. 100 Castle (A M) Co.-10 1 Catalin Corp 3 25 Common 7% 124% 13% Babcock & Wilcox.* Baker Chemical--.* Balaban & Katz. .25 Case Lockwood & Biltmore Bondholders A.65 2d 30 7 11 32 13 83 Axton-Fish Tob A 10 Class B 10 Preferred 100 Products * (J I) Co 100 7% preferred.. 100 % Zi , 5 Case Brainard Preferred. 10 20 102 10% Casco Bowman 6% 37 25% 9% 108 6% 10% 26% * Is 24 6% Automatic Prod...5 Automat Vot Mach * Automobile Banking Carrier Corp * Carriers & General. 1 2 117% 26 Carpenter Steel 46% 14% 114 — 73 6% Instrument com-5 Preferred .20 Billings & Spen Bing & Bing 25% 98 Preferred. 100 Bickfords Inc Preferred ALastsaie. 25 ->9^; 19 24 50 A 94 17% 34% Armour & Co (111) Common.......6 $6 conv pr pref—* 7% preferred-.100 Armstrong Cork. * Armstrong Rubb A* Arnold. Constable.5 22^ \34 Class B— * Carnation Co.....* 22% 100 Preferred Class 1% 23% 6 Carib Syndicate. .25 Carman & Co A * & 42 otany Conso 109 70% 113% 12% 23% Carborundum Co..* 38 93 Armour & Co of Del 7% 8% 31 30 29% ; i Capital City Prod.* 42% & Rubber com..* 92 Angostura-Wuppermann Corp.....l Anheuser Busch.100 Antilla Sugar 100 Apex Elec Mfg * Appollo Steel ..10 Apponaug Co * AP W Paper * Archer-Dan-Midl'd * 7 % preferred. 100 Arcturus Rad Tube * Argo Oil 10 29 107' 7 36 24 2% 43% 101% Carter (J W) Co...1 92 22% Common... * 20% Foreign— * Preferred.-.100 Can Indus Alcohol.* Class B * 35% 1% 1 Invest Corp 18 ; Pref 30% Amer Wind GlassClass A......100 Tack Boston-Herald Traveler Corp.—* Boston Woven Hose Rights 165 34 7% preferred. .100 Am Vitrified Prod.* Preferred * 5% conv pref--100 Atlas Auburn Automob—* Austin Nich & Co_.» Prior A ...* Autocar old com .10 15 Borden Co 7% preferred-.100 21% 149% 17% 1II" if" _ * Bohn Alum & Br.-5 Bon Ami com A-—* Common B —* Bond Stores com— 22 41 Am Type Found.. 10 6 ^preferred. 100 Am Transformer. 10 Powder preierred--100 pflOO Borg-Warner Corp .5 Borne Scrymser—25 "8% 18% 5% non-cum pflOO 1st Bohack Realty 3% 42% 2% &) Refg..* 7% preferred—100 6% 2d pref--.100 Rayon.* Atl Coast Fisheries.* Atlas Boeing Airplane.._5 Bohack (H O) com.* 39 Automatic Musical 6 2 112 ClassB—. 50c Amer Pneu Serv—25 7% 1st pref—.50 6% preferred -.50 ion Potash & Chem * Amer Radiator & I2... 38 5% 8% Atl Gulf & W Ind SS lines.....;.* New common.. 10 6% conv pref—100 American Meter * American News N Y American Piano— Class A V t c common..-* Associated Oil—.25 4% conv pref. 100 Atlas Pipeline * Atlas Plywood * Conv preferred-20 43% iiH 11% £1 Atlantic Refining.25 42 84 115 Assoc Laundries...* Airways 24 Am dep rets ord 18 _ Canadian Bloomingdale Bros. * Blumenthal (S) com* Inc 7% pref—100 14% 17% 92% Dry G'ds—.1 6% 1st pref...100 7% 2d pref--.100 Assoc El Indus Ltd TA 17. Canadian Dredge 6 Dock...» Can Fairbank pf. 100 1 15 6% Assoc Associated fi* 3?* 27% 26% 13 = Assoc Apparel Ind_* Aswc Brew (Can).* registered 10% 19% 9% 24% 2d preferred B—10 Bliss & Laughlin—5 26% Art Metal Works..5 Asbestos Mfg pref.l Ashland Oil Sc Ref.l 9 156 103 Art Metal Constr.10 94% 8% 4% * Bliss (E W) Co--* 1st preferred.—50 11% 7% preferred. .100 27 31% 7% 48" Blaw-Knox Co 61 * Ask 15% Canadian Bronze..* Preferred—-* $3 Arrow Hart— Hegeman.25 Bid Par Preferred 100 Canadian Car & Fy * ; Preferred 25 Oanad Celanese »: Preferred 100 1 Canadian Colonial Co.-5 Preferred.——--* Black&Decker Mfg * Blauner's com * Birtman Elec 3 Aircraft—1 Artloom Corp. 7% preferred--100 Amer Home Prod—1 Amer Hosiery—-25 Amer Ice Co * Preferred—30 preferred_30 Arrow Stocks Ask Bid 15% Birdsboro Steel 14% 39% 13% * 'Ki\ Per share • 14 Common 110% 104% Amer Cigarette & Cigar Co Print Works ...* Arnold 140 133. Par Stocks STOCKS month preceding the date of! Collins Co 100 Collyer Insulated Wire common 14% 101% 53 109 127 110 133 * 20 Colonial Beacon Oil * 30 34 Ordinary shares. 5% income A 6% conv pref & 40 Colon Development 74 20 103% 52 2% 6% t Called June 30 at 110. 6% 4% 4% t Called June 1 at 105 plus $1 div. June, 1937] Stocks Bid Par Ask as are as near 8% Oolt 34% • * 40 53% $2.75 conv pref * Colum Carbon v t c * Commercial Credit 55 7 18 7% cum pref. .10 $8 cum pref 7% ■ if Common......10 63% 108 68 % 106 % 68% 110 13 % Dailey Corp Darby Petroleum. 1% Shoe— _ \rA M 1% Congoleum-Nairn. * Congress Cigar * 36 Consol Aircraft 25% 55 * 1 Consol Car Heat.100 Cons Cigar Corp..* 6% M m if 6%% pf ww. 100 6%% pfex-warlOO 7% preferred.100 12% _ 6%% preferred.* 25 $5 cum div pref.* Consol Retail Sts-.l 8% preferred.. 100 Consol Royal Oil. 10 Consolidated Steel * 15% 24 5 29 30 * 7% preferred... f Electric..! 54 15 105 16 19 17% 27 Detrola Radio 32% 33% ,3% 100 120 105 4% 118% Prod.. 82 9 2% 7% 116% % 46 108% 7% 1% conv pref * Crucible Steel 100 7% preferred.. 100 Crystal Oil Ref * Preferred Cuba Co W 99% 16 8% 10 7% preferred.. 100 118 Cummins Distil 8% preferred...10 24% ) r 7% 1st pref...100 (M H)—* 6 50 38% 106% 2% 8% Without par value common—.* New Conv pref vtc— Sub warrants 39% % 33% 103% 42% 42 113 'P 10% Preferred 50 50 Gibson Art * Gilbert (AC) Preferred * Cement com * * Gilchrist Co Gillette Saf Razor.* Gleaner Harvester.* * $5 conv pref Gimbel ---* Bros * $6 preferred --* Preferred Gobel (Adolf) Co—1 Godchaux Sugar— ' 118 Follansbee Bros—* Class 68 ' > 49% 28 B 29 .2% > .... J Dun 106 17% 3% it 18" 5 14% 109 3% 34 16% ) 29% Eagle Lock— i » Eason Oil.. $1.50 conv pref.I ) ...... r East Dairies Ltd... Eastern Footwear. 21 2% 2% 23% * " Eastern Roll Mill.. 33 > 11% t 26% 39 ) 22 172 150% 8% ► 8% Foster w heeler- -10 $7 conv pref....* Foundation Co * Foreign shs A—* Foundation Co of Canada——* Fox Film class A—.* Fox (Peter) Brew. .5 Fttt St Louis Theatre 30 6 8 ll* 31% 3% 23 2% 2% 24% 7% 35 * Sugar—* Rayon—1 Franklin Ry Sup..* Freeport Sulphur. 10 F-R Publishing Francisco Franklin 6% conv pref. 100 Froedtert Grain & common.—1 Preferred —15 Fuhrman & Schmidt 12 Brewing com--—1 Fuller (G A) Co— Partic pref * 28% 41 2d preferred * 172% Gabriel Co cl A—* 155 Gair (Robert) * $3 Preferred..—.* Gallager&BurtonA 1 Malt 395* 33% I 19 20 ) 49% 50% Edison Bros Stores- Galveston 9% X Called July 1 at 110 plus $1.75 div. ; 42 29 * 50 Worsted .50 Preferred Gamewell Houston* Co. —* Goodall 6% 1 (BF) * $5 conv preferred* * 36 m 44 109 104 8 43% 80% 38% $7 2d pref * t 110 115 5% conv pref—* Goodyear T & R of 89 Canada * Preferred 50 54 Gorham Inc com A.* 6% $3 pref with war.* , 6% IF 3 I 44* ,43% 112 110 ■i-m 4% 3% 3 26 25% 32% 33% 10% 10 15% 34* 32 36 8% 90% 11% 4% (H W)_—* Gould Coupler A..* Graham-Paige Mot 1 Grand Nat Films. .1 Grand Rapids Brass 1 Preferred 5 Grand Raps Varn.* m. 26% 109% .26% 107 $3 pf. * City St'l—* cum conv Granite - Grant (W T) * Graton & Knight. _* Preferred 100 12 17% 18% 50c 70c 5% 14% 41% ^ 2% 13% 39% iF 15 123 * 2S Sou Lumber. .80 41 18% Great Nor Pap Gt Great West Sug—* 7 % nreferred 100 Greenfld T'p & Die* $6 preferred--100 $1.50 preferred..* Green (H L) inc.—l 34% 14% 72% 28 29 Corp. .5 * 79 137 5%% preferred. 10 Groc Score Proa. 25c Gruen Watch 1 Preferred...—25 Guantanamo Sug..* 6 % preferred 100 _ _ 13% 10% 5 8 15 2% 32 24% 24% 70 $6 conv pref H 68% 100 Great Lakes SS Common 33 2!H 19 36% 35% 9% 85. Greyhound 50 3 13% Gray Telephone Pay Station com 10 Gt Atl & Pac Tea Non vot com * _. 11% 3% 2% 4% Grand Union ctfs__l Preferred 10% 11 48 4 90 Gannett Co Inc— k Last sale. n * 102 100 Nominal. r 39 111% 120 24% Hosiery (voting)-* Gossard 23 9% 44% 81 Gotham Silk 7% preferred.-100 6 14 Units t 60 - 14% 133 5% 4% 23% . "5% 115 Hosiery- ^ 124 4% 27 Gorham Mfg vtc.* :h -—--* * Class B 156% 5% 7% 53 52 6% Ford Motor France Am dep rets—-- DuPont (E I) de N 27 : 114% Am dep rets ord._ Ford Mot of Can 100 Class A. ) 36 Foote (R G)— Durham 10 4%s conv pref. 100 Bros Gear & Mach com..—-5 Preferred. —100 >rd Motor Ltd— 25* 39* 22 100 Preferred >od Mach'y 45 (S R) A. Preferred. 7% \\V* 1 Goodyear Tire & Rubber com 7 44% Class B..-i....* Goebel Brewing Goldblatt Bros 37 130 23 84 40 34% Mills of Am— * Preferred * 10% 15% 80% Class A£......* I* our 39 46 30% 35% 53% Florshelm Shoe com* 3 18 30% 9% 51 15 88 Good Humor Corp 99 2% 4 % %conv pref 50 Globe Wernicke—* Goodrich 112 34 28 102 * Co 14% ) 1% 12% 60 Giant Portland— 81 com. 23$ 7 preference—20 13% 95 19 10 56 38 134 58% 15c A 80 30 9% 55% 17 Genessee Brew A..1 112 18% Preferred. * Opt warrants—. Gen Time Instru—* Gen Tire & Rub— 5 6% cum pref A100 147 Stores.. 120 39% 107% * pref 20 N 21 conv 110 A 5 8% 1% 8% 120 $6 Gen Theat Equipt— Old common * r g.j« 58 * Common r 140 New preferred 10 IF IF Gen Steel Casting— r i 63 • 25 36 33% 102% 10 ishman -* $6 pf with warr— * Glen Alden Coal—* Inspect Mach* 6% lstpfw w.100 25% 50% .is. preferred--100 Plastics General Print Ink. -1 Glidden Co. $6 conv pref • % First Nat Stores—* preference 1H Cuban-Am Sug 5% Preferred .100 Cudahy Pack 60 Preferred 100 18 4 100 116% 10 Tobacco...* 17 Common K 75% 46% 40% 3% 22% 20% 61 1 Cuban 14 Finance 113 20 —.1 Cuban Atl Sugar— Common.. 10 n* 30% 11% .* 2 - 46 $5 75 Firestone Tire & Rub 30; 49 39% 3% 21% Crown Drug com.. * Preferred 50 Crown Zellerbach__5 Preferred.....-.1 Fiat Am dep rets— Fideiio Brewery—.1 Field (Marshall) & 1 38% 131% $2.25 pref w w..* * F G Trading Corp.l 96 39 1 85 37% c 34% 13% % » M Dunhill Preferred x-w 7% 34 92% 38% * 31% 34 13 7 22 5th Ave Coach—25 27 11* 20% 15% 14% 20 Federal Mot Tr—* Fed Screw Works. .* Federated Dept Sts * Filene's Sons. * * 117 Georgian Inc com..* 62 * Crown C'k & Seal.* 35 21 105 104% *115% 9% 8% 37 36 45% «32 53 6 Film * 55% 60% -y~ 13 23 22% 100 6% preferred--100 Refractories- .* 22 34 Pkg6%% pref....] Dow Drug Preferred % 45% ; m 20% Dold (Jacob) Dresser 1 Crown Cent Petrol.* Crown Cork Int A_* IF 124% n Conv preferred.20 * 87% 3% 5 t Dow Chem 7% Credit Acceptance— Crowley Milner 2^ Fansteel Metallurg * 21 39% 63 Class A 6% 18% 110 119 Gen Opt. alpre' --* Gen Outdoor Adv't'g Gen 53% w* 24 Gen 3% 10% 89% 3% 26 57 Fedders Mfg 34% 118% 3% % 40 IW 3% Federal Bake Shops* Preferred 30 66% 21% 34% 6 49 10% ► 21 8% 24% Gen Rayon A stk—* Gen Ry Sign com..* 40 20% 13% Ferro Enamel 2.40 T4V 106% 1% 45% 21H * ¥ Cum 108% 5% 21% 85% 9% 20% ..... , Domestic 58 36 10 4%% conv pf-100 Dixon (J) Cruc.-lC ) Dobeckum Co com. Do i Crowell Publish'g..* Preferred 100 28% 27% » 7 Crocker-Wheeler ..* 17% 72 17% 68% 8 Dominion 6 Crosley Radio 107"" 104 _1C ) Fajardo Sugar 20 Falstaff Brewery.. 1 Famous Players Can Corp com.. 1 r Voting trust ctfs.. r Fanny Farmer Candy Common 35% Common.......* Cramp (W) & SnslOO U Croft Brewing 37 26 170 s 18 5 30"" 36 Ik > 24% 15 Creole Petrol- 56 29 5 * 5% 90% 13% Wheat...* 62 59 52 115 157 Covered Wagon Co $1.50 conv cl A.20 or I 18% 15% 107% Fairbanks Morse. .* 12% pref. .100 cum 5% preferred - 180 m 25 6% preferred. .100 Fairchild Aviation..! 22 ( 22 56% 8% non-vot pf 100 s 6% Common . 70% 133 * Mills General Motors. .10 20 20 170 (The) Chicago * 7% preferred.. 100 Co preferred 100 4% % 103 Fair Fairbanks General MachinelOO 122"" Ex-Cell-0 A & T 3 Exch Buffet Corp..* 12 2 58% Courtaulds Ltd— Am dep rets ord£l Cream 6% 50 Fireproofing. . * 7% preferred-.100 General Eureka Vac Clean.5 Evans Prod 5 7 ] Diamond T Motor Gen Gen Foods Corp—* 1% 3% 5% preferred..100 Equit Office Bldg__* Eureka Pipe Line.50 4 7% Ltd— Elec Am dep rets reg £1 Gen Fire Exting—* 32 2d preferred. .100 Emerson Drug..2% Class B 2% Emerson Electric 100 12% 7 % preferred. -100 if Elgin N Watch...15 Elk Horn Coal Corp* 6% part pref...50 Ely Walker D G..25 1st preferred. .100 n 1 6% part pref... General Electric—* General 3% Electrographic Corp Common l Electrolux Corp.Ill i « 10c • 100 21 6% 48% ) 22% 1 Rights common.. 5% pref..50 Rights pref...... Warrants....—. Coty Inc.........* i 100 . 3% 5 * 30 Dominion Steel & New w 3 .4% 20 & com.. 60 87% 5% convpf ^ * 62 156 5% Preferred 18 1 Gen Cigar common 16 38% * Elec Stor Battery..* Elec Vacuum Clean* Electrol Inc vt c ..1 * iIU 7% preferred-. 100 Rey'ds.* Creamery Package.* 18 ■ [ Common A 59% 26% $6 conv A pref..* Cosden Oil— w 86 17% [ Class 8 57% Rights 6% General larpet 1 > ^ L ' 7% preferred--100 '."**5 J * A fllsflfl 40 6% preferred.. 100 6% 83 Dixie-Vortex Co— 18 17% 101 25 78 „ IF 5 Gen * Emsco Derrick 5 Endicott- Joh nson. 50 5% pref w W..1C ) Distillers Liquors.. 5 99 Baking—5 8% preferred. . -* General Box Corp.l Crude Oil. .2% General Cable * 62 Detroit Mich Stove Detroit Harvester. L ses grams 29% General General Bronze 129 new... 1 Dictograph 103 13% 10% 59 17 Bid * 10 Transportation - .5 12% 3 124 Discount Corp (NI > Distillers Co Lta.i [ Distillers Corp¬ a* Preferred General American 22 Empire Sheet & Tinplate. _._...* 0 Preferred 20 2% 2% 2% i if 60 Gen Alloys Co 37% Boat Elec Ferries com 0 Dictaphone Corp.. 101 Corn Prod Refg..25 com _4% rF Devoe & Raynolds- 90% 55% 1 Cook P't & Vara—* Crane Co .... D Class A Television 24% 19% Special preferred. * common 19 ■ Delta .8& 31$ 87% 55% . New 14*" IF I Foundry 20% 2% 43% 33 Oorroon & 20% iSJ* Q 47 6 Preferred. 100 Converse Rubber. * _ 28 C 3 4% 31% 23% 2% Preferred 10 Cont Steel Corp...* Preferred 27% 1 11% 45% Continental Mot-.l Oont'l Oil (Del) 5 $4 preferred * Cooper Bessemer.-1 $3 prior pref * Copperweld Steel .10 Cord Corp 5 Corning Glass Work 0 » 2% 10% % ■ Pack Gar Wood Indust—3 Electric Auto-Lite. 5 » 129 <8* 1 D Cont Diam'd Fibre.5 Preferred 131 3 ; 8 2 . Oont'l Oil (Mex) 1 Oont'l Roll Sc Steel • Preferred 100 Cont Screw com..10 129% Deisel-Wemmer 15% 10% v t . 24% 22 0 106 2% 10% Consol Textile * Consolidation Coal— Common v t C..25 Warrants Electrical Steam Sterilizer Elec Shovel Coal Partic pref 15% % 28 7% 1% 37 pref—20 conv Garlock ?r* Preferred. 100 Elsler Elec Corp.. 1 Eisemann Magneto * Preferred 100 Eltingon Schild * Elec & Musical Indus Am shs , 23% if 15% $3 8% ■ ('Lig''- Per Gardner-Denver—* Warrants 13% <:*1; 15 20% 20% *14 10% 85 125 6% prior pref. 100 7% 1st pref... 100 Container Corp. 20 Cont Bkg A (vot)..* Class B (vot)...* Pf(8%) (non-v) 100 Continental Can. .20 26% 1 89 105 C--100 Consumers Co com 5 1; 50 95 Cons Macn Tool uts. Consol Oil Corp...* 5% pref 12% 40 25 88 12% part pf..* Cons Laundries ...5 13 Davison ChemicalCommon 1 3% cum 3 Dennison Mfg— Cons Film Indus. .1 $2 ; 5% conv pref. .5 5 * Davenport Hos'y.. 58 1 + * 14% 25% 12 $3 conv pref Conso Biscuit.. 5 76 75% 2% Par /< Electric Dardelet Thr'dlock 15% 13% 14% Conde Nasi Pub..* Condor Pictures 1 80 54 Deep Rock Oil 15 1 Vtcextended—.. ;( 1 13% 1% Solvents * Com'wealth Dist-.l 18% IF ♦ Hammer 5 106 Comm Mach vtc Cutler 119 ,63 % conv pref 100 Comm'i Invest Tr.* $4.25 conv pref..* ; i Oushman's Sons— P li 4 %% Compo 55% 53 Glass B_ 5 Columbia O & G...1 Columbia Pic com.* Vot tr ctfs com..* 61% Stocks ■ Per\share Old common....* New common 1 81^ 5% 18% 1 Syst Inc class A.5 ^ 87 * $7 preferred 61 6 16 Ask Educational Pictures 11% * Patent Fire Preferred * Columbia B'casting Bid Par Per share 34% 14% W preferred. 100 s 5 Arms Mfg 25 Columbia Baking..* Stocks Ask Bid Per share Ool Fuel & Iron Warrants possible for the closing day of the month preceding the date of Issue r Par Stocks 87 MISCELLANEOUS STOCKS & INDUSTRIAL Quotations for all securities Canadian price. t Ex-dividend. 19% •• INDUSTRIAL 88 Quotations for all securities are Par Stocks Bid Stocks Ask & ' Bid Par Indiana Gas & Chem 60 63 Indiana Limestone .1 1 6 16% Indian Motocycle * Preferred 4_ .10 19 22 50 57 Hamilton 10 5 Watch. _* $6 preferred.. .100 Paper Common --10 10 8% 4% 15 * 16% 27% 103% cum pref_-100 Hammond Hanna Clock.-6 (M A) 1st pref 107 40 109 Preferred 100 Industrial Rayon..* 41 35 37 100 102 * 3% 89 2 Hat Corp class A._l Class B n-w 1 12% 10% 13 6%% pref ww 100 Hathaway Bak A__* ~5 Preferred.— T 2 5H Hazeltine Corp * Hearns Dept Stores Common.--—-.5 1 102 1% 102% t c—* Motor 1% 7% 8J' New common.—* A——* $3 pref * Heller (W E) com.2 , Class New common. .15 New 5% pref-. 100 Warrants Preferred w m Internat Radio ' ■ 8 6 25 25 W..25 23" 100 105% 140 155 17 18 Hercules Motors * Hercules Powder..* 7% preferred- . Herr-Hall-Mar v 100 15 98 60 Preferred-----100 Hershey Chocolate. * $4 pref.. * Hewitt Rubber—5 Heyden ('hemical. 10 conv 107% ■: 15% 40% 103 Common Hilton-Davis Chem Common $1% 45 41 25 24 29 preferred. .5 36 10 5% preferred. .100 103% 25 29% 30% 104% 37 5% 20% Holland Furnace..1 $5 conv pref * 40 m Johnson Tin Foil & Metal lGw Jonas & Naumb'g2 % Jones & Laughlin Holt (H) & Co A..* Hooker Electro "9% 95 Horder's Ind * Hormel (G A) & Co * Horn (AC) com * Prior preferred..5 16 19H Kaufman 10% 7% 05% 9% 107 * 37 38 Class B * 21% 21% Vot tr ctfs 25 Howe Scale com * 1st preferred. .100 JS* 32 Hudson Mot Car..* Humble Oil & Ref. * Hummel-Ross Fibre 16% 78% 10% 79% w 11% 4% Hunter Steel com..* 62 89 87 15% 3 Hussmann-Ligonier * 16 14 20 New common 1% 1% 3% 21 Huylers Inc— Common i 1 7% prefunstpdlOO 7% pref stmpd 100 Hygrade Food ProdS Hygrade Sylvan * 6%s conv pref * Ideal Cement * Illinois Brick tmco Partic Ltd 25 1 Imperial Oil Ltd * Registered shares- 1% 16 % 20 20 P 48 111 76 78 12% 1% 20 % 13% l% 20% 21% 21% Imperial Tobacco of Canada com..5 14 % 14% Imperial Tobacco of Gt Brit & Irel'd Amdeprctsord £1 ♦No par value, 87% 38% k Last sale, 2% 2% 48 47 9% 100 9% Kelsey-Hayes Wheel ' .1 .1 r Kendall Corp com $6 part pref Aa—* Kennedy's Inc 5 $1.25 conv pref. * 17 17% 12 12% 18% 17% 105 101 13% 12% 21 _ Ken-Rad Tube & Class A * Keystone Steel & Wire common * Keystone Watch Case 16 2-3 Kimberly-Clark * 21% 4% 7% 20% 3% 0 2d preferred--100 10 7% preferred-.100 Loudon Packing * 6%% conv 58 55 43 40% 2% 1 k King Seeley com__l 12% 12% Convertible pref 20 38 34 5 Kingston Products .1 '5% Kinney (GR) Inc..* 6% 6% 60 $8 preferred 59 100 75 %■:. 65 Kirby Lumber 7 Kirby Petrol 1 7% Klein (D E) Co 19 * 17% .: 11% Kleinert Rubber. .10 11 15 13 Knight (B B & R) pf* Knott Corp 10% 12% 1 n Kobacker Stores * Cum pref 7%-100 Nominal, r 30 25 86 92 " Canadian price, x 5% 55 Metrop Tobacco. 100 Mexican Eagle Oil.4 Mexico-Ohio Oil * Mexican Petrol 1 79% 105 Mich Bumper 4% 1% 7 1 2% Mich Gas <fe Oil—.1 Mich Steel Tube.2% 2% 55% ,2* Preferred.. Ludlum Steel Lukens Steel 120 12% 140 4% , % % 25 27 63 100 1 30* 3llH 50 5 32 130 41% 33% 131% 3% 11% 65% 2% 9% 62% 22* 22* 33 36 45% 45% 12% 12% * 7% Products com.* 38% 114 8% 1st pref—100 $2 n-cdiv shares.* Mid vale Co 19 * £2* 90 3 37 38 4 5 3% 7% preferred-.100 Ctfs of deposit. Mandel Bros Inc..* Mangel Stores— Minneap-Honeywell Regulator 7 62 110 37 4% pref ser Minneap-Moline Power Implem * $6.50 cum pref..* Mission Corp * Mission Oil Mock Judson Common Preferred Voe & $2.50 k w Mohawk Liqueur.. 1 Molybdenum Corn 1 Monarch Mach T'l * 24 Monogram Pictures 1 3 14 Monroe Loan Soc A1 % 3% 8 * 100 aster Electric 1 Math'son Alkali * 7 % preferred- .100 2% 8% 20"" 18 20 Montgomery Ward Common —.....* Class A—. * Moody's Invest Serv 10 part pref.. * Moore Corp com..* 3 2% 22 7 , 6 25 >; 9 :v; 9 72 74 27 28 Morris Plan Preferred 10% 10% Morris 24% 23% 43% 13% - 50 25 24 9 54% 112 12% 62% 23% 33% 142 56% 120 13" S3* 24 33% 42% 245 100 Moore (Tom) Dist.l Moore Drop For A.* Morrell(John) & Co* 4 43 32 182 Preferred B 3 m 52% 136 Preferred A 3% 60 - 37% 45c 25c ..10 com £•6 (Philip) <& Co Ltd Masonite Corp * 5% A conv pf.100 13 96 w.100 8 Corp 1 Marion St Shov * Preferred 100 Marshall Field & Co* Martin (Glen L)_..l Martin Parry Corp * 12% 98% z26% 19% 1 19% common 5 106% * B.100 Minn Min & Mfg..* Monsanto Ch Wks 10 $5 conv pref * Manhattan Shirt.25 Manischewitz * Preferred 100 Maracaibo Oil Exp.l Marathon Paper. .25 Margay Oil Corp..* \th 38 19% 8 12% 1 Manufac's Trading 1 Mapes Cons Mfg..* Maple Leaf Mill.. * ,2% Miller (!) Sons com * Pref 6%% 100 5% 2% 18% 3% 2% 16% Warrants Common Mid-West Abras.50c Midwest Oil 10 Pipe Line 5 Mo Portl Cement.25 Majestic Radio & Television com__l Mallory (P R)._..* Manati Sugar 100 Ctfs of deposit Ex-dividend, 4% Missouri Kansas 1 com Massey-Harris Preferred t c Oil Corp— Serin Corp Marine Midland Marlin Rockwell 6% 28% * * t c v * $2 conv pref Midland Steel 22 21% MacAnd & Forbes 10 6 Co v Class B Midland 40 Razor Sugar Class A 110 Refg.* pf.100 _ 16 15% 130 123 100 12 Manning Bowman Lamp A * Keyes Fibre com..* Kingsbury Brew 50 113 s 2% pref. 100 Conv class A Class B 48 20 10 1 6% preferred conv Preferred 32 22% ■7* 2 Kelly Springf'ld Tire 5% Metrop Playhouse.* 31% * 19 Macy (R H) Co Inc * Mad Sq Garden * Magazine Repeater 102 1* o?* Metal & Thermit..* 14% $3.25 pref Loose Wiles Bis. .25 "27% 95% pref. 100 ...5 Kellogg Co * KelloggSwitch & S _* Mi _ 83 24 22 : ' 1 Oorp Metal Textile Oorp * 4% Preferred * Mack Trucks Inc..* MacMillan Co * Kefth-Albee-Orph— Common Common.-.——* 5% preferred..100 Houston Oil (Tex) Metalastic 60 Preferred 10 Mid-Cont Pet 10 Middle States Pet- 6% preferred.. 100 20% Kayser (Jul) & Co_5 Film Finance -.5 49 Macfadden Newsp.* Macfadden Pub—* Keller Dorean C Class A 5 Machine Michigan 13 75 conv 1 Mesta 23 71 Dept 54 6%% pref A100 Mesabi Iron &?* 23 94 26% 0% 7% Houaaille-Hershey Hupp Motor 34 11 Scott com 4 53% 26% * Common 67 21 Common Merritt, Chapman & $5 preferred—100 Longwest Corp * Lynch 17% OH 35% 106 H 67% Lone Star Cement.* 12% 93 Household 124 \ 32% 115 Horn Hard't(NY).* 5% preferred.. 100 54% 37% * Long Bell Lum A._* 47 Merrimac Mfg.-lOO Preferred100 * pref..* 90 -7% 100 com. 24 Preferred 108 103 28% Furnace 10C K O Stk Yds Me. 100 " 115 Lino.* Merrimac Hat * 154% 18% * Loew's Inc 35% 6% preferred..100 50 * 100 Louisiana Oil 100 7 74 _ Mergenth'ler 96 Loblaw Groc Ltd A* cum 31 . 11% Locke Steel Ohain.5 Lockheed Air Craftl Locomotive Firebox* $6.50 * Transpor tation as* 95 * Liquid Carbonic—* Loft Inc 5% 27 Merck & Co com..! 25 Class B 3 44 100 Merchants Refrig.." Preferred 100 260 Kalamazoo Stove & 100 100 Chemical Preferred "5% * Preferred 11% 38 Sec Co class A.l 10 Brothers 73"" * $2 Partic pref...* 66% Lion Oil Refg Lit 10 Shoe Merchants & Miners Preferred Preferred 21* 95 114 * Merchants & Mfrs 18* 80 Common B com Mercantile Stores..* i% * Stores.. 4% % pref 100 Lessings Inc ——1 Ley (FredT) & Co.* Libbey-Owens-Ford * Liberty Baking * 5% preferred-.100 -T% 123 111 Mead Johnson Preferred Leonard Oil Devel 25 Lerner serA* $5.50 pref ser B_.» 15 Lord & Taylor-.100 1st preferred.-100 7 , 13: 90 Corp com...* $6 preferred Ludlow Valve k .33% * 28 77 124 70 5% 23 34" Mead 35 130% 6 .... 30 100 7% 33 108% 20 Holly Sug Co Preferred A 25% 15% * Lorillard (P) 33 * 99 73% 129% Johns-Manville Class Hollander(A)& Son 5 .* 19 96 7 V- 122 28 27 % Prior pref—. ..65 Common * Preferred 18 • Jeannette Glass... Jenkins Bros _! Jewel Tea 41 8 Hires (C E) CoA—* Class B———^* Hoe (It) class A..10 Holophane Co 10 : Lehn & Fink Prod .5 Leland Electric Link Belt Co 21% 12% 9% 19% 16% 8% 18% 6% pref n-v._.l( 1 Hinde & Dauch 11 Jacobs (F L) Co 1 Jantzen Knit Mills. Heywood-Wakefield 6% conv pref. 100 McWilliama Dredge* 118 Lindsay Lt&Chem 10 121 21 15% 41% * 7 % preferred- .100 Lily Tulip Cup.--, Lima Locom Wks.* 21% 102% 1% 37% 18% 119 Iron Fireman vtc._ Irving Air Chute.—1 15 1 19 18% 108 S3 conv pref * McLellan Sts com.* 10% Lig & Myers Tob.25 •*••••'«• 5% 2% 37 20 29* 35% 13% 43% McKeesport T P1.10 McKesson-Robb'ns 5 Melville 100 Lib McNeil & Lib.* Life Savers 5 5 1% 85% 50% Pub.* 90 50 40% 95% 100 Rights. 130 McGraw-Hill 40 100 Lee Rub & Tire -.5 Lefcourt Rlty Oorp 1 44 21% 155 8% 15% Common 1 Conv 6% pref. 100 McGraw Electric. .5 12 C«ment 25% v. 16 7% 100 Hershey Creamery.* 14% % 25% 43% 1% 29 28% 145 127 8p McOrory Stores— 99; Inc..* 5% ■ 5 Interstate 22% 4% 38 7% pref ww_. 100 Lanfiton Monotype Machine Co. .100 ~6% 95% 4% 7% Int tTe * 105% 35% 39 7 % non-cum pf100 Hendey Mach "B •!§* 83 18 Preferred xw 25 Helme (G W) Co— Common 25 W ' * 19 100 Preferred McCord Rad cl B._* Mellins Food 6% 3% 100 I 1 5% 97% 26% Mengel Co —1 5% conv 1st pf_50 Mercantile Credit. t Internat Pulp % ... "1% 29% lift 9% 35% Refining pref. -100 McOall Corp. * McOoll-Frontenac Oil Co. * 36% 19% 14% 28% 81% * ,34% 150 "5 1 Lane Bryant Warrants Leh Portl Cement 50 ffl Internat Print Ink Internat Prod 50'" 47 34% 25 Corp Landers, Frary & 55 McCahan Sugar 20 19% 25% 7% preferred-.100 Lehigh Vallev Coal * 60% * 7 % preferred. -100 Int Petrol * 11% 109% 146% 10% 132 * 16 ;;16% 24% 2% 13% 8% 60 O Preferred 11% 15% 18 52% Maytag Co * 1st $6 pref * $3 cum pf w w ._* $3 cum pref x-war* Conv pref * Leh Coal& Nav—* 5V* 127 pref—100 Int Pap & Pow A..* cum B 10 Parts Corp com .3 H Rubenstefn * 34% 100 Lanatin Ask 33 - Lnwrence Portland 18% 13 Class 22% 10% 22% 13 % 7% class A pref.25 22 * Milling 6 /o cum conv pf Lehman Oorp 50 47* 108% * 14% r'u pref.-50 100 Class Hearst Consol Pub— 125 21% 33% 151 22 10 15% % 60 109 % 145% * . Int Nickel (Can)—* 7% America * Hazel-Atlas Glass.25 •' 7 % preferred- * Int Mercan Mar 97" 53 149 20 Internat'l Metal Industries cl A—* 45 5% 2 Hayes Body Haytian Corp of Int Cigar Mach Int Harvester 12 1 35 * * * 7% prior pref. 100 Int Business Mach.* ; Clark 108 7 18% 0% Int Agric Corp 2% 1% ~3% 127 59 10 106% (vot) .10 Kress (S IT,' * 6% preferred—10 Kreuger (G) Brew.l Kroger Grocery & Baking common.* Laclede Steel 50 k Lago Petroleum 1 Lakey Fdy & Mach 1 Lambert Co..* .40 96S 6% preferred. .100 2,„ v * Intercont Rubber. .* Interlake Iron * 10 1 Hein-Werner Steel Mayflower Assoc— Stamped * May Dept Stores .10 May Hosiery com.* Preferred. * 109 9 Common Preferred 135 Rights w I 19 81 4 92 18 Hecker Prod Inland Bid Par Per share Lake of the Woods 13 12*5* Ingersoll-Rand * 6% preferred—100 135 79 conv 11 39% 38% Interchemical Corp * Class B 6 ,4 1% Industrial Silica. 47% 46% 129 $5 preferred 100 Hartf'd Rayon com* Preferred-----100 6% 5* Indus Finance vtc 10 * Hartman Tob Harvard Brew 37 2d preferred 44 * * 100 3 34 Instl rets 2d paid. Harris Seybold Potter com 2% 2% Indus Brown Hoist— $5 Preferred 2% * 28 106 Harb-Walk Ref— Common B Class Stocks Ask % 107% Koppers Co 6%pfl00 iiresge Dept Stores 1 8% preferred-.100 Kresge (S S) Co— 42 1st pref 14% Terr Ilium 20 Common cum 12 14 Indus Accep Corp Cum pref. 100 Hammermill 6% 14 11 Oil non-vot A—* itA Kolster-Brand Ltd— Amer shares—£1 I* 7 12 _ Indian 100 Preferred _ Indiana Pipe Line 50 Indian Refg com. 10 Kilburn— Haloid Co 6% pref _ Hall Lamp com Hall (W F)Print'g Bid Par Per share 22 * 56% 14 6 Alabaster Ltd-* Hajoca Corp——.* Preferred -.100 Hale & 20 80c 56 Gypsum Lime Stocks Ask 60c & 2% 25 Guardian Osal Oil Gulf Oil Oorp of the month preceding the date of issue Per share Per share STOCKS MISCELLANEOUS as near as possible for the closing day ■■ 78% 10 Morse Twist Drill <fc Machinery. 100 Mtge Bk of Colombia 96 _ k Amer shares Motor Products * Mot Wheel Corp..5 Mount'n & Gulf Oil 1 Mountain Prod 10 4% 31% 20% 10c Mueller Brass Co-.l 4f« Mullins Mfg Corp— Class B__ 1 24 $7 conv 145 t Name changed to Interchemical Corp. pref * 88% JUNE, 1937] INDUSTRIAL Quotations for all securities Stocks Bid Ask MISCELLANEOUS & Par Munsingwear Inc.-* Murphy (G O) * 25% North Amer Cement Common 1 5% pref 100 Murray Corp 10 Murray-Ohio Mfg.* Muskegon Plst King Muskogee Corp * 106% 12% Preferred 73 93 21 Nat Acme Co Nat Automotive 1 18 % Fibres A v t Nat Aviation * 10 30 13 1 13 Nat Baking c com .6% preferred--100 Nat Bellas-Hess 1 7% preferred—100 Nat Biscuit IV* 80 n 84 2 6% 25 H 10 25% 153% 7% preferred.-100 Nat Casket com Preferred $7 Nat Cash Reg— Natcon Corp Nat Container 44 * 111 * 1 33% 12% 11H 23% 108 12% 12% 23% 110 110 111 Pref class B Nat Dept Stores 100 7 H >8 101 18 34% 152% 130 % 100 67 preferred. 100 102% 18% 35% 156 136% % 74 Nat Paper & Type— Common 100 % 9% $6 preferred J# 'i* 4* 4 103% 2 10% 127 8% 11% 2% 10% 5% 56% 42. v.' 45 4% if* loo" 14 15% 110 1% 1% 53 5% preferred-.100 103 20% 31% com 1 Cord 17 6 Preferred 100 New Bedford 55% 103% 21% 31% 18 Rayon 112% Class A 25 New Bradford Oil-.5 New Britain Mach. * England 17 18% 5% 37 36 Lime units * 19 21 New Hav Cl com.25 19 95 55 20% 6%% pref....100 N J Worsted pf._100 New Mexico & Arizona Land * New Niquero SuglOO New Process Co Newton Steel 100 * 30% % 3% 80% * pref 100 4 100 100 2 pf 100 if* .13% 10% Founders shares. 1 7% pref N Y Transit N Y Woman Nicholson File 8 58% 100 10 1 8t* t* Rig common 9 63 7% preferred Peck, Stow & Wile 25 Peerless Cement. * 6% 54 Corp 3 Peerless Weighing & Vending com 1 Preferred -_* Pender (D) Groc'yA * — Penick & Ford 19% 135 7% conv pref A Penn Glass Sand— Common v t c $7 conv * * 17% 25 24" 28% 24% 30% 28% 28% 4% 50c a7% 93 17% 6% h B 7% 96 19% 6% 6% 1% 16 33 8% 38% 92% 6% 3% 7% 93 7% 4% 8 55 * 25% 27 125 2 4% 174 39% _6 lc J Called June 14 at 115 plus 86c. div, *5% 174% 3 41 2% 5% 3% 3% 6% 3 3% 6 ' 8 k Last sale, Inc 50 30 21% 22% 21 23 58 62 59% 58% 8% preferred--100 6% voting pref 100 Purity Bakeries—* Pyrene Mfg 10 Quaker Oats * 6% preferred--100 Quaker State Oil--10 Radio-Keith-Orph.* Railways Corp__—1 Rainbow Luminous Product A * Class B com.---* Ralston Steel Cat 100 Preferred 100 Randall Corp pt A_* OIrss B ^ 115% 114% % * * Pile common 13K 3 25 14% v Robertson 'HH)„* Robertson Pap Box.5 ..30% 9% 7 17 Rochester Button. _* 10 100 25 * 4% 5% preferred.. 100 Rocky Mt Fuel.-100 Preferred 48 1 100 3 Rogers Majestic— * Rogers Peet 100 Rome Cable Corp_5 4% 22 5 1 ■ 13% 2% 5% 12% $1.20 conv pfd.20 Rose 5 10&25C Store 1 28% % * Royal Dutch Co 76 Royal Typewriter.* 7 % preferred- -100 115 125 * 11% 13% 48% 3% $2.50 conv pref..* * 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 /*: 28 ■ 5% 4% ; 132 II* in* It* 50 34% Mills com---.100 r 100 r St L 23 138% 74 Rocky Mt & Pacific Co. .100 M 13 13% 46 48 57% 58 18 20 142 17% 16% 8% 8% % • 25 103 7 5% 97 % 20 __ 100 21 36% 3 42 94 25% 7% Schulte Retail Real Silk Hosiery Mills common 5 7% pref vot—-100 Red Bank Oil * Reece Button-Hole Machine 10 Reece Fold Mach_10 Reed Roller Bit * 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 40% 48% 5% 2% 32 50 Scovill Mfg 2% Scran ton Lace. 8 <64 8% 25 _ — * Seaboard Fin Corp.l $2 cum pref w w_ * Seaboard Oil * 13% 15 Seagrave Corp Sears, Roebuck * 24 24% Seeman Bros 1% 13% 45 40 41% 50% 27% 8% 27 41% 8% 86% * 3 2% 34 5% 98% 2% 22 6% Preferred Seiberling oP 30 1 17% 1% 18% 5% 5% 32 35 23% 24% Preferred x ~7% 100 Selby Shoe -.-■_* k Selfridge Prov Stores Am dep rets— £1 Sentry Safety Con.l Serve! Co 1 7% preferred.-100 — * Seversky Aircraft.-1 Sharon Steel Cp * $5 conv pref * Ex-dividend. 2% 50 Rubber.* Seton Leather Canadian nrice. * Segal Lock & Hard¬ ware com 1' 1 35 Reliance Elec & Eng Common.------5 6% pref—.1.100 * Scullin Steel pref—* 70 27 1% Scott Paper 6 f; 42% 95% 105 i4 .T~ Sts.l 8% preferred. .100 39 33 23 31$ 5%% pref 100 Schulte Real Est— Preferred 20% 8% > 5% 4 v New common 52 120 8 85 com Savage Arms——* Savannah Sugar—1 Savoy Oil 5 Schenley Distillers.5 5%% pref 100 Schiff Co com new. * -I SH m. 101 5 7 % preferred- -100 48 105 11% 52 8% 1 Map Units 114 138 Sanborn San-Nap-Pak 16% 10% 109 9% 48 Halt Creek Prod-.10 101 16% 9% 100 Samson United-- 110% 99 Preferred St Regis Pap com..5 Preferred 100 19 18% 110% V/:, % - 102 Schulze Baking Raytheon Mfg. _ 50c 6% preferred 5 r 94 Preferred ii •» Raymond Concrete Nominal, 6% preferred * Robbins & Myers. _* St Lawrence Flour 213: * Punta Alegre Sugar * Pure Oil Co * n 20 St L Nat Stk Y-.100 36" Raybestos-Manhat * 8% 39% 41% Produce Terminal Preferred 1 53% 50 20 Penn Traffic 2% Penn Vy Crude OilA 62 %c * pref-...* Penn-Mex Fuel Penn Salt Mfg Penn Sugar Class 19% 138 17% 38% 34 47 * Pullman 5 Ritter Dental Mfg_* Riverside Cement— Class A * Class B * Preferred - 28 pref--—-* Metals Am.* 8% preferred--100 5% preferred--100 Producers Corp._25c 5 75 Ryan Car com - Pressed Steel Car— 100 5 2% 3% -* 1 •• Russeks 5th Ave_2 % Rustless Ir & Steel _1 6 2 . 3% Cold Storage * H'opper McCall'm.* Prosperity Co B—* Publication Corp—* 4% 27% 1% 32% 38% i,I* 71* ;.v 4% Pa-Dixie Cement—1 Class Without par value 6% 95 Units..... * 15% 3 V 5% 1% 2% Pratt & Lambert—* Common 5% * 100 of N Y ord shares. 26 15 conv Riley Stoker common "4% 1 F»rairie Oil & Gas_25 Hall 9% 3% % Ruberoid Co ^ Aircraft 1 Potrero Sugar 5 Pref stamped—5 Pressed .* 7% pref old—.25 Rossia Int Corp 4% 25% 26% 7 5% conv 1st pf—5 5% conv 2d pf—50 114 8% 67% Penn-Central Air¬ lines Corp -1 Penn Coal & Coke 10 63% 4% 52 100 100 F1*oc & Gamble 6 1 13% 6% 11% 52 65 Trans—* Penney (J O) Com.* 6% 11% 46% * 4 38 & 19 11 9 46 2 16 Pref unstamped .5 8 * Class B 16% 27% 23% 23% 9% Patchogue-Plymouth Peerless 42 North Amer Car..20 $6 preferred 35 36* It* 35 * Niles-Bement-Pond * Noblitt Sparks 5 Noma Elec Corp 1 North Amer Avia_. 1 15 5 N Y Merchandise-10 NY Shipbuilding.-1 non-cum 3 26% * -3% Parker Rust Prf_2% Park & Tilford Inc.! Reel * 5 Fl-entice 100 Root Petrol Co 1% * 10 Mills 12* 2nd pref N Y Dock 5% Parker Pen 6% 1 Class B 6% t 115 Roosevelt Field Class A 35 Pathe Film Corp—1 N Y Auction ...» N Y Air Brake * N Y Investors com. * 1st 6% 1st pref 100 6% 2d pref-—10 Parke, Davis Co__* Parmelee (Thos G) 7% 1st pref.-.100 Porto-Ric-Am Tob— Pan-American Paramount Motors * Paramount-Publix 10 Paramount Pictures Common 1 4% 105 98 Plant 9% 9 100 Rockwood Co 1% 29% 19 Dry Gds_* 1st pref 2d pref 100 Richfield Oil of Calif Preferred 3 2 14 12 9 pref. 100 i 94% 20 1% m 21% m 10 common Rice Stix 102 7% 1st pref-.100 1% m 9% 10% 37% 73% 127% 87% 4% 26% Preferred 12 Robinson (Dwight P) * • 97 Reybarn Co Inc 1 Reynolds Metals. _* 5%% conv pf-100 Reynolds Spring 1 Reynolds Tob A—10 15 1 Porterfield" 35% 116 10 30 Pitts ton Co it* 11 Parkersburg * 68 1 conv 16 14% 29% 94% 2% 18% 4% Plant Reduction 01<LS8 A Class A Preferred 95 20% 16% 127% 126 Fltts Screw & Bolt.* Pocahontas Fuel .100 Pan Am Petrol & Inc—* 13% 19% Plough Inc Plymouth Oil 60 8% conv pref. 100 Pantepec Oil Co—1 64 EH 94 * 1 Pgh Metallurgical 10 Uttsg PI Glass—25 27% 15% 6% Southern.. Panhandle P & R—* 51% 7% 12% Pleasant Valley Wine Co 60 4% $5 preferred Fltts Forgings Preferred 10 Republic Steel * 6% conv pref. 100 6% prior pref. 100 Repro Inc com * Preferred 3 7% 11% 55% Pitts Coke & Iron..* - 6 * com Richman Radiator. 1 6% preferred--100 Pollack Mfg * Poor & Co class B—* ._1 com 29% % Pirelli Co of Italy Am shs 500 lire 94% 18% Class Paraffine Co Newport Indust *2% 82 Warrants 16 28% 2% Eltney-Bowes Post.* Fltts Coal (Pa).-100 Pittsburgh Steel 85 81 25 w Common * 93 eign Corp class A1 Transp 28 15% % Winterfront.l 2% 17% * 1% 2% 8% Flllsbury Flour Mills Common warrants w__25 Reo Motor Oar 5 B t * 90 22% 9% Bros 49% 7% 25% 6% preferred--100 Pitts United Corp 25 7% conv pref. 100 64% 10 B Fierce Petrol 94% 16% _* 56% 2 Preferred 100 Flttsb Term Coal—l e* • '■ pref. 100 conv 132% 16% Pan-American For¬ 55 Newberry (J J) Co— New 2% 60 Pacific West Oil Packard Motor 12 * o3% 39 114% 22 10 Nestle-Le Mur cl A * 14 24% Preferred 60 Pan Am Airways. 10 5 29% 26 Pairpont Corp. .100 .1 22 81% 10 Palmer . common 73 :7 8% 130 16% 122 of Calif com 58 Neptune Meter A. * 8% preferred-.100 Bedford 125 Pac Eastern Corp. -1 Pacific Finance Corp 22% 1 4 66% 5% 17% 104% 36 13% 2% 38% * 11% 102 m Preferred 5 Pierce Butler Rad_5 Fierce Governor 65 6% preferred 5% pref 55 (Herman) Common 28% _ 21 * 14 96" 8* * common 6 % pref * wrens-Ill Glass. 12% Oxford Paper com.* * » 14% Cushion 1st preferred--.-* 2d preferred * 8 * age Tire Pierce Arrow Motor Car Corp com 5 Fines !6% Pacific Coast Co. -10 103 Nazareth Cement New Overman 10% 100% 56% 100 * 5 7% preferred. .100 4 24% % 7% cum pref. .100 5%% conv pf_100 Pierce Oil Corp—.25 20 109 94 * 100 7% conv pref. 100 4 %% pref. , 59% m ♦ com 80 Naumkeag Steam New Idea B 49 45% Nat Union Radio..* Natomas Co ._* Nelson Class 7% preferred.. 100 26 10% Nebel (Oscar) Preferred 160 Marine & Outlet Co 1% 84 Phoenix Hosiery 8% 5%% pref Petrol 1110 Preferred10 Revere Cop & Br„ 5 13% 72 100 Phillips Packing 31 13% 13% Outboard Mot A__* 1% Phillip-Jones Corp.* Phillips 170 * 7% prior pref. 100 $5.50 convlst pf.* Outboard Phil & Read O & I 39 107 * 79 120% Nehi Corp corn.. Neisner Bros 80 10% 19% Oppenheim Collins.* O'SullIvan Rubber. 1 25 15 Nat Tea common. _» Nat Transit-—12.50 Cotton 51 Onondaga Pottery.* 2% 24 14 80 Steel Car Ltd.* Steel Corp 25 Sugar Refg * Supply Co 25 7% preferred.-100 Navarro Oil 50 104 Ozark Corp......»■;-* Pac Amer Fisheries 5 Pacific Can * 12 100 Nat Nat Nat Nat ll* 10 5% % preferred-10 Radiator * $7 preferred..... * Nat Conv part pref-.* Nat Shirt Sh Del—* w 28 _ Nat Service Cos-1..* * Manufacturing- _5 9 5% preferred. 100 Nat Print & Appli.l Natl Pump com...* Nat Rub Mach * Nat Screen Servw—* $6 preferred 57 Warrants Omnibus Corp vtc_* 8% conv pf A. 100 Oneida Ltd coml2% Preferred 25 67 43 10% 27% 18% * Otis Steel 64 15 152 Preferred 100 Ohio Seamless Tube* Oilstocks Ltd * Okonite common 100 52% 8% 40% 6 12 240 r r ♦ 6% preferred-.100 51% 7% Castings...* Nat Mfrs &Stores5i2 Preferred 80 Nat Oil Products..4 5 * 4% ■ Elevator & $4 preferred 32 Bond $6 pref Preferred Cement 48% v 40 37% 30% 7% * Equip. * .; 47% 76 * 6% preferred 100 Oldetyme Distillers 1 5 8% 8% . 30 100 Republic Portland Phelps-Dodge 25 Phila Dairy Prod-.* * 100 1H 3 Pharis Tire & Rub.l _ 23 ' 5% 23% 26% 8% 1st pref...100 Otis 1 10 Preferred 18 % 5% 21% Pettibone Mulliken Preferred 100 Pfeiffer Brewing. (Illinois) 116 10% 5 Ohio Match Ohio Oil 32" 6% Conversion 53% 38 50 Ohio Brass B Oliver Farm 96 com Nat Lock Washer.20 Nation'1 Malleable & Steel 1% 15% 6% pref B 100 National Leather. 10 6% 6% ; 15 National Lead-.-10 7% Pref A 100 32 31» 6H Nat Food Products Class A w w .--1 Class B 50c Nat Fuel Gas * Natl Gypsum com.l 1st 7% cumpf-100 2d non-cum pf _ .20 7% 30 Rem't'n Rand com.l B rights %« 1 Preferred Remington Arms__* 20 7 % preferred- Ogilvie Flour Mills.* 17 16% * 6% preferred 10 Nat Dist Prod * Nat Enam & Stpg_* Nat Fire-Proofing 50 7% 80 5% 50 * 100 Ohio Leather... (Del) 1 34" 34 17 17 2% Nu-Enamel 48 32 24 22% 25 Rubber 7 % preferred Norwich Pharm Novadel Agene * Nat Dairy Prod * Preferred cl A-100 Nat Licorice N'west Eng com N'west Yeast Norwalk Tire & 112 * Petrol Derivatives 6 Amer shares North & Judd North Pipe Line 13% pref 10 Corp of Am.. Petrol Per share Reliance Mfg Co Petrol Heat & Pr * Petrolite Corp Ltd.* Pet Bid Par .* conv 52 North Cent Texas.5 No European Oil—1 North German Lloyd 33 8%% Perfect Circle 49 75 B 11 14% 43% 42% * Class Stocks Ask Per share 50 42% 41% 6% % preferredlOO 8% 18% 19% 89 * Pet Milk 6% prior pref--60 SH Common 9% 13% No Am Refractories Class A— ..* 18 H Bid Par Peoples Drug Stores 6 1 1 67 17 ■ Stocks Per share North Amer Rayon Com class A * Com class B * 15 % 14 100 Myers (FE)& Bros.* Nachman Springf—* Narrag Racg Assoc 1 Nash-Kelvinator —5 Class A pref Class B pref._ 23 Ask Bid Stocks Per STOCKS possible for the closing day of the month preceding the date of Issue are as near as 22% 2% % 29% 109 8% 3% 31% 99% 5 1% 15% t MISCELLANEOUS STOCKS INDUSTRIAL & 90 Ask Bid Stocks Bid Stocks of Issue possible for the closing day of the month preceding the date Quotations for all securities are as near as Bid Stocks Ask Bid Stocks Ask ' Par V 12 11% Sharp & Dohme—* 59% M $3.50 conv pref-r* Phattuck (Frank G)* Sheaffer Pen -* Shell Transp & Tr £2 Shell Union Oil * I Struthers Wells ;;'.» Titusvllle com. . 29 % New 150 125 8tudebaker Corp 1 9tutz Motor Car—* Submarine Signal .25 New preferred Sullivan Mach'y—* Sun Oil com——_* 6% preferred. .100 6% cum pref.. 100 Sunray Drug ..1 Sunray Oil 1 Un Drill & Tool.2% United Drug. 5 Preferred * Sherw-Willlams ..25 6%pf ser AAA 1Q0 120 130 125 126% 109% 108% 27 Can..—* Preferred 100 Shrevep't El Dorado Pipe Line stpd— SIgnode Steel Strap'g 25 $2.50 preferred.30 Slmmons-Boardman 31% 30 33 46% 46% 129% % % preferred..-* _-* Pt * Slmms Petroleum.10 Simon (Franklin) & Oo 7% pref—100 Simplicity Pattern. 1 Singer Mfg 100 Singer Mfg Ltd—£1 Sioux City Stock Yards com— * Simmons Oo Simmons Hdw & Common 4 3% ill 6 18% 1 14 % 11% 118 47 11) 50) 2% 1 32 26% T" 11" Skelly Oil 15 6% cum pref--100 Sloes-Sheff S & O 100 56 56% 100% 155 (James)—-9 5%% par tic pr.50 Tampax Inc 1 Tastyeast Inc cl A_1 Taylor-Colquitt Co 5 101 pf100 (A O) Corp .10 7 % non-cum 32 % 33 32* 34 Snlaer 14 25 * Packing 22 18% 5% 1% Socony Vacuum..15 Solar Mfg Corp 1 Corp_.--l preferred-LI Sonotone Conv 100 95 JX Warrants.——— Soss Mfg common. 1 South Coast Corp -1 Southeast Exp.. 100 South Dairies A—* 23C —* South'n Pipe Line 10 Southern Webbing 22% 18% 6 IY 28c^ 2 6% 5% - 95 101 5% Southland Royal..* South Penn Oil—25 ll So Porto Rico Sug_* 8% preferred ..100 34 141 South Shore Oil.lOc S'west Pa P L 50 7 10% 44% MX 146 7% 26% Spalding (AG)&Br.» 7% 1st pref.—lOO Spang Ohalf't & Co * 6% cum pref--100 5% 18 15 Mills Inc 8 60% 25% 98 % 30 8% 70 99" Sparks-With'gt'n Co Common....—* Spear & Co —* $5.50 pref * Spencer Chain Sto_* Spencer Kellogg—* Sperry Corp v t c-.l Splcer Mfg Co * $3 conv pref All.* Spiegel Inc com...2 $4.50 conv pref..* Square D Co B 1 Squibb (E R) & Son* $6 preferred * Stahl-Meyer com..* Staley Mfg Co.-.100 Preferred 100 Standard Brands..* $7 pref ser A....* Standard Brew * Stand Cap & Seal_.l Conv preferred .10 5% 19% 6 22 74 80 9% 32 10 18% 29% 46% 21 83 30% 103 2% 185 104 106 12% * 22% 44 44% 34 40 11% 12% %LX 37 102% 2 18% 147 l$X 27 Stand Steel Spring.* Stand Tube cl B...1 Stokely Bros.. 1 Conv pref 25 Stone & Webster-_* Strawb'ge & Clothier 6% preferred-.100 7% preferred.. 100 Stromberg Carlson.* 6% preferred-.100 * 40 59% Thompson-Starrett * 5% 23 % $3 % preferred—* Thompson (J R)._25 Thompson Prod—* $5 conv prior pf.* Tide W Assn Oil..10 4% % Tide _ 95 % 52 Tilo Roofing com. .1 14% * 210 22 % Time Inc com Timken-Det Axle .10 Shipyards & 5 » (R C)—* 5% 1 % 3% Gas Oil-O-Mat Wm Wil-Low Cafet Williams Conv pref Willys-Overland * 1 6% preferred...10 United Stove United Wall Paper .2 Universal Corp vtc. 1 Universal Cons OillO Wilson & Co 33 39 U ni versal-Cyclops Willson Products..1 27% Univ Leaf Tob 21 * Winters & C'mpton 8% 1st pref 100 Univ Pipe & Rad_.l 13% Universal Prod Utah-Idaho Daylight 1 16 Sugar.6 Portland 10 2 37 % 103% Trenton Vail Dist-.l * 40% 42% 3 rrico Products nH 10 J17 30 Trunz Pork Stores. * 5% 79" 74 19 ~9~" Steel 15 10 Chatillon.-l A m 1 100% 7% preferred-.100 Tuckett Tob pref 100 r 37 37% ».* 46 47% 19% 3% Preferred Twin Coach com__l Co com * 67* UnB&PCorp * Union Carb & Carb * Union Oil of Calif.25 Ulen & 100 it* 36 38 18% 2 17 24% 20% 18% Union Tank Car ,2% U nited Aircraft 14% 97 24% 19% 3% 3% 2% 76 101 24 4% 90% 2% 80 102% 24% Union Premier Food iiH 85 104% 158% Common-......* 6% 20th Cent Fox Film Underw Ell Fisher.* Unexcelled Mfg. .10 20% 80 10 -.9% 6% 103% 150 26 6% 10% Lamp 1 80c divconv pref * Tung-Sol 13% 17% 25% 10 Stores com ..1 Un St Yds Omaha 100 10 7% preferred. .100 Woodley Petrol 1 12 conv 39 86 7% m 106 8% preferred—100 * Van Camp Milk * g* 55 * Van Nor Mach Tool5 Van Raalte Oo 5 Sweringen Veeder Root com Inc.. 36% 1 Vicana Sugar v t c.3 Va-Car Chem— Vick Chemical Vick Financial 27% 28% * 25 26 18 % 20 16% 16% 20% 5% Wahl 92 Walgreen Oo com..* 4%% pref ww 100 7% conv pref. 100 t Called June 1 at 120 plus $1.19 div. 87 24 113% .5 VogtMfg * Vulcan DetinninglOO 7% preferred-.100 100 98 Preferred Worthington Pump * k Last sale 35% 105 86 91 69% 50% 25% 126 22% 8f% 97 . 126 39 Youngstown Steel Door common * Waco Aircraft * 1 Tube......... 65% Youngstown Sheet & Wagner Baking 24% 115% 46% 56 York Ice Mach 5 60 115 19 ord 7% preferred.. 100 * $7 Preferred—100 Young (J S) Co. 100 Preferred 100 Young (L A) Spring & Wire * * 6% part pref. .100 Va Iron O & C_. 100 5% preferred.. 100 67 m 29% Salt. .100 Wrought Iron Wyoga Gas & Oil. % Yale & Towne 25 Yellow Truck & Coach Mfg cl B__1 * * 19% 4% Am dep rects 7% pref A 100 6% pref B 100 Wright Aeronaut'l.* rigley (Wm) Jr..* 26 Venezuela Mex OillO Venezuelan Petrol. 1 Common 5 14% Woolworth Ltd— Worcester & Mach 7% 1st pref...100 Van 80 Transport warr'ts. United Air Lines Transport ......5 Unit Amer Bosch..* Un Artist Theatre.* Preferred 100 United Biscuit * 7% preferred .100 WoofwTh (F W).10 Van Dorn Iron Wka* 78 Un Aircraft & Iron..10 Wood ward & Lothr op Common 10 Woodward Vanadium Corp $4 preferred com Wood (Alan) Steel Valvoline Oil comlOO 2% 1% 9% * Common Truax-Traer Coal..* Cement . pref. 100 Valley Mould & Iron Common.......* 5%% prior pref.* Valspar com vtc 1 $6pref vt c 5 Triplex Saf Glass— Trojan Oil & Gas— 17% 7% 4% 11 28 Wolverine Tube 19 153 21 5 Station Wolverine : 78 15 1 .50 Wizard Inc cl A * WJR The Goodwill Preferred 61% * _ 5 10% 9% Witherbee Sherman Universal Pictures .1 13% 5 100 $6 preferred Steel com 22% 13% * Wilsonite Corp 1 Wilson-Jones new—* 8% preferred.. 100 94 Steel Truscon 23% 2 Oil F) (H 7 % preferred 100 Vadsco Sales Corp— Common * Transue & Tubize 13% Wilcox ■ffi. * .5 __2 Lux 18c 26 Gibbs—50 17% Transamerica Corp * Transcontinental & Trans 150% ,.-_* 1 Vot tr ctfs 2% 16% Warrants Wilcox & * * - $6 conv pref Securities West Air Line 120" * Conv preferred- Preferred Trane Co * United Stores A 12% 5% preferred—10 WIckwire Spencer Steel common...* Old common Preferred.......* 7 % non-cum pf 100 Shipbuild..* Torrington Co new.* Towne Whittall (M J)— %« 5% 4% United Stockyards— Common.. 1 Amdeprctsord £1 Am dep rets def— Todd 136 * * U S Tobacco 7% preferred.. 100 Roll Bear.* Tishman Realty. «i_* Tobacco & Allied Stocks, Inc. * Tob Prod Expts * Tobacco Secur Ltd— Tokheim Oil preferred 15 101 Whitm'n&Barnes2 % 19% 47% t' I Timken 58% 66 1st U S Sugar Corp 28 21 * 67% 100% * U S Stores com 4% Mach _* pref Stk trust ctfs * 7% first pref .100 86 7% pref—...100 17% conv 23% White (SS) Dental 20 White Rk Min Spgs- 7 % preferred 50 U S Steel Corp..100 98 * $4 100 50 Motor White Sew U SSm Ref & Min50 25) * preferred. Water Oil White U S Rubb Reel....* 9) ' 5 Stinnes (Hugo)Corp5 9% preferred—10 7%% pref Stetson (JB) * Preferred. .—.25 *No par value, $3 Thew Shovel Coal.* 46% Wheel Steel Preferred U S Radiator 9% 6% ._.* 1 Stroock & Co _ 28 5% conv pref. .30 Corp .* 100 Common.......* Preferred 50 1 6% preferred..50 U S Realty & Imp.* US Rubber _♦ 8% n-cu 1st pf-100 (vot) * $3.60 conv pref. * Thayer-Foss pref 100 Thermoid Co 1 12% 1 Stewart-Warner Thatcher Mfg 36 Preferred 18 11% % 37 20 104 Va Vkx 37% 4% Westvaco Chlorine. * Forging...* Trans western Oil .10 103 Aluminum Pulp Pap..* 100 U S Print & Litho— Preferred 10 UticaKnit Co.—100 72% 16% 1st preferred...50 W 16% U S Postal Meter..1 43 8% cum pr pf.100 Part conv& cl A_* 7% 4% 5% 6%% Pref..—100 Sterchi Bros com..* 28 U S Lines 4% 77" Preferred 25 Stein (A) & Co com * 23 iH Michigan Steel Foundry 1 Weston El Instru..* Class A * W Va Coal & Coke.* West 108 Texon Oil & Land..2 Class t C..10 Sterling Brewing 1 Sterling, Inc...1 Sterling Products. 10 15 10% * Westland Oil U S Leather vtc..* Land Pacific 56% Steel Oo of Can...* 5%% conv pf._50 ♦ U S Ind Alochol 59 % 7% 36 % Trust old stk_-100 41% Stanley Works. _°.25 Starrett (L S) Co..* Starrett Corp— Common v t C—1 * 20 7 % preferred . _ 100 U 8 Hoff Machin'y 5 Screen_.l Williams 127 10 * 7% ^referred-100 USFoiJB 1 US Freight U S Gypsum 8H 27% 10 3% Western Dairies—1 30% $3 preferred * 70 Western Grocers—*r Preferred 100 T 117 Western Tablet & 24 Stationery * 8% West Indies Sugar. 1 Westins Air Br ke_* ,44% 140 West'he El & Mf_50 146% 7% 1st part pf.50 Common Ctfs sub shares.** Texas 48 81 Supply— West Auto pref * U S Pipe & Fdy. .20 U S Playing Card. 10 Picture Screw. 100 Preferred A 100 Common 8% 4% 43% Standard Stern Bros A 23 43% 5% preferred..100 Products com 12% 21% 22% 8% 4% Standard Plastics..1 Standard Products.! Sterling * Texas Corporation 25 Texas Gulf Prod—* Toledo Stand Oil (Ohio)_.25 F5% 2d pref "4% 180 Stand Oil of N J. .25 v 47% 21% 42% 32% Stand Oil (Ky)_._10 Stand Oil (Neb)..25 Preferred 31 82% Stand Oil (Ind)_—25 Stand Oil (Kan)..10 Stand Silica 32% 18% 41 Stand Com Tob—* Stand Dredging Stand Oil (Cal) — Preferred Texas Gulf Sulph. . * Tex Pac Coal & OillO 7 Class B Warrants Term & Trans com. 1 If 5 drift com 100 Preferred 5 4 5% 32% W Wells Fargo Expr.-l Wentworth Mfg_l% Preferred .* Wesson Oil & Snow¬ $4 conv pref..._* West Air Exp 1 U S Finishing 6% 20 107 1 Wellington Oil 7% conv pref. 100 U S Envelope...100 12% 8% 1 Brower com * O 80 Welch G'pe Juice2 % Preferred 100 Common Preferred U S Dlstrib 16 % 27 '■u-: Bros Weisbaum Un Specialties 1 U S Bobbin&Shuttle 3% Taylor (K) Dist—.l Taylor-Wharton Iron & Steel com. * Technicolor Inc * Telaut'g'ph Cor p.. 5 Tennessee Corp 5 Tennessee Prod * ¥ Wayne Pump 1 Webster Eisenlohr.* $7 preferred—100 25 6% preferred Mills.5 Wayne Knit Untd Shoe Mach.25 105 100 Preferred Smith & Corona Typewriter vtc—* Smokers Match...* 65 10% preferred-.10 Talcott 35 $3 conv pref * Waukesha Motor. .5 Un Shipyards B. 1 Class A———1 Taggart Corp com.* 7 % preferred * $2.60 pref* 25 (Northam) Warren * Un Prof Sharing in * * * $3 conv pref Warren Fdy & Pipe 81% 14) 26) 100 34 % x w 54% 9% * Warren Bros 6% 48 Unit Piece Dye com* Preferred 13% Warner-Qulnlan Oo* Electric Sylvania Industrial * Symington Gould— Common w w 1 Common Preferred SIrian Lamp com— Preferred Smyth Mfg 25 Internatl__15 Swift 6% 99% 152% 13% 17 24 31% Swift & Co 12% 19 28 .......- 34% Sweets Co of Am.50 309 17 6 9 Class B........5 60 11% 305 5 Mills class A Sutherland Paper. 10 Swan Finch Oil—15 6% 70 7% preferred--109 Preferred.. 5 * Un Merch & Mfrs_* United Milk Prod..* $2 preferred * United Molasses Ltd Amer dep rcts._£l Unit Paperboard. 10 Preferred ..100 i 25 PIct._5 $3.85 conv pf » Warner Oo com * Un Eng & Fdy United Fruit 32% Silk 15% Warner Bros. Coal Cos com...5 44% 16% 10 Superior Steel Susquehanna 28% 12% 62 7% preferred-.100 United * B 29) United Dry Dock * United Dyewood.10 Cement class A__* Class * Certificates 5%% conv pf—50 Superheater Co * Superior Oil * Superior Portland 33 Sher-Wms Smith 52 y 5% 15 6% preferred..100 Walworth Co ._* Ward Baking Corp— Com class A....* Com class B * 15c 104 % 16 15 ♦ Preferred Walth'm Watch com* m pf-100 44% 19% & Worts com..* 104 % ----- Shenandoa Rayon.* Pub _ 13% 13% * WalkerJH) Good'm United Chemical..* $3 part pref.....* United Cigar StoresCommon 1 New common 1 * preferred Per share Par Waldorf System United Carbon * United-Carr Fast..* 100 Preferred 56 29 % Par Per share * . New common w i 14 % 40 54 Warrants Rights 6%% conv Par Per share Co....!. ,.* Waitt&Bond Inc A * Class B n Nominal, 1% 26% 89% .* r Canadian 5%% pref—100 Radio * Zonite Products...1 Zenith price * Ex-div 83% 97 33 5% 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 , V„: in Therefore, in the following list, It must be remembered the asked Prices. ^ word to indicates that the figures v - Bid UNITED STATES—See Treasury 4 Ms 1947-52-_A&0 Treasury 4s 1944-1954-—J&D Treasury 3Ms 1946-56—M&S Treasury 3 Ms 1943-47—J&D Treasury 3 Ma 1940-1943-J&D Treasury 3 Ms 1941-1943.M&S Treasury 3 Ms 1946-1949-J&D Treasury 3Ma 1949-1952.J&D Treasury 3s 1951-1955.-M&S Treasury 3 Ma Aug 1 '41-F&A Treasury 3 Ms 1943-45--A&0 Treasury 3s 1946-1948—J&D Treasury 3 Ma 1944-46—A&O Treasury 2Kb 1955-60--M&S Treasury 2Mb 1945-47—M&S Treasury 2Mb 1948-51—M&S Treasury 2Mb 1951-1954. J&D Treasury 2M« 1956-59-M&S Treasury 2 Ms 1949-53—J&D 3s Panama Canal 1961—Q-M 3s Conversions 1946 #8 Conversions City— Refunding 2-5s 4Ms Refunding 1937.-A&O 4 Ms Water & Sew '39-J&J 4 Mar 15 1939 Dec 15 1939 Mar 15 1940 June 15 1940 Dec 15 1940 Mar 15 1941— June 15 1941 1M% Dec 15 1941 Home Owners' Loan Corp— 3% prin & int guar '44-'52 2 M % prin & int guar '39-'49 2 M % prin & int guar *42-'44 2% prin & int guar 1938— In % prin &!ntguar 1937— „ 1M % prin & hat guar 1939— Federal Home Loan Banks— 1 M% cons dab Apr 1 1938— Federal Farm Mtge Corp— 3M % int &prin guar '44-'64 3% int & prin guar 1944-'49. 3% int & prin guar 1942-*472 M % int & prin guar '42-'47 1M % int & prin guar 1939-Instrumentalities of U S Govt Federal Land Bank—Farm 98.28 Philip Isls 4Mb 1952—J&J M&N Little Rock S D 4s *38-'55 M&S St Francis Lev D 6s 1947-J&J 1 109M 109M 101 % 101M 103 M 102 M 101M 101M 103 % I104M SI ON 6 3.75 ft 1.50 to 3 25 ft 1.50 6 2.00 ft 2.50 3 25 % % % to 3.15 % 2 00 % to 3 25 ft 3.10 ft 1.50 to 3 6 150 to 3-10 ft 1.75 10 ft 1.91 to to 2 180 ft 1 80 10 % to 2.10 % 105 M 107 M 107M 107M 107^ 105 M 6 Ms Aug 1941 110 Puerto Rico— 4Ms funding 1963——J&J 6 3.75 5s Jan 1 1950 opt '44..J&J 6 3 30 4s gold 1953 J&J 6 3.50 5s July 1954 opt 1943 6 3.25 2MB 1938-1946. J&J 6 1.00 103 111 113 3.40 2.90 3.00 2.80 to 2.75 ALABAMA 3 35 3 75 3.40 4Ms 1956 and 1959 M&S ft 3 50 4Ms 1942, 1946. 1949—M&S ft 3 21 4s pub highway 1949-51.M&S ft.3.30 3 40 101 Bessemer 6s pub impt 1937-'38 f 68 5s funding Dec 1 1947—— f 68 3 00 3 10 3.40 3.40 102 104 71 71 Birmingham—- 4Ms pub impt Dec 1 1937— ft 2 .00 5ssewers Sept 20 '41—M&S ft 3.40 Gadsden 6% impt— 101 58 schools 1938^40-A&O 100 Hunstville 5s funding Mar 1 '42 97 6s pub Jmpt Aug. 1 1937— 97 - ♦ Tax-free la Connecticut, 3 6n 3.15 3.60 3.70 1 50 3 20 103 101 100 100 t Less 1 1 page HO 6 0.75 to 3.10 6 1 25 to 6 0.75 3%:30 % to 3.05 3.45 6 0 .75 to 6 1.00 to 1.90 64.00 I ! lesslM 3.10 2.40 33 f 29 93. % to 2.90 2.85 to 2.65 to 2 .25 3 1941-1945 to 2.60 Ms Mun Water Retire A&O 62.70 2 Ms Sewer DIsp *47-'56A&0 6 2.00 Moffat Tun Imp D 115 5 Ms 1944-1963 J&J 4.00 5 Ms 1947-1956 115 120 118 J&J ...J&J J&J 2.00 3.00 2.60 1963-1972 104 103 1.76 t % 2 Ms Sew dist 1947-56.A&O 6 2.00 3s Munic Wat 1963-72.A&0 62.70 95 M 4.25 2.90 '0 1.75 % to 1.25 3.65% March 1. 1950-54— 93 M , to 2.90 to 3.00 to 2 .15 Ms 1937-47. J&D to 2.25 to 129 to 124 104 5 Mb 1964-1973 5s 1974-1983 103 to 125 to 123 CONNECTICUT Highway 1937 J&J3 Bldg Jan5'38-65J&J Highway 1937-48.J&J30 Univ 61.25 6 0 75 1938-1947 F&A 6 1.25 Olympiad 1937-71..J&J2 6 0.75 0.75 3.30 % to 2.85 % to 2.75 to to 3 20 i Bloomfleld 4 Ms 1938-'52.A&0 6 1.00 Branford (T) 4 Ms '38-'50 J&D 6 loo Bridgeport 4 Ms 1937-65-_.T&J 6 0.75 1.00 4Ms High Sch 1938-63-J&J ♦4s 1938-1968 F&A 6 1.00 3 Ms improvt 1937-41 „J&J 6 0.75 *5s Construc'n 1937-49 J&D 1,00 F&A 6 1.25 to 1.90 % F&A 6 2.00 to 2.70 4 Ms Bristol 4Ms Water 1939._J&J F&A 6 2.80 to 3.00 4s Harb Imp 1985 opt *50.J&J 6..— 3.10 *5s July 1, 1937-55 J&J 5s Jan 2 1941-1943 ♦Cheshire 4Ms 1938-45—J&J J&J2 6 2.10 to 2T50 % 4s Jan 2 1944-1948 J&J2 6 2.50 to 2.80 % Danbury 4s 1946 taxable.J&J *4 Ms 1937-65 3Ms Jan 1 1940-1949 J&J 6 2.00 to 2.80 % J&D Veterans Welfare— 3 Ms Fund 1941 tax'le.A&O 3s Feb 1938-1952.—F&A 6 1.25 to 2.75 % East Hartford (Town)— 2 Ms Feb 1 1938-1954.F&A 6 1.25 to 2.80 % 4 Ms Sch 1937-49 M&N 4 Ms Sch 1950-59 M&N 2Mb Feb 1 1938-54—F&A 6 1.20 to 2.75 Alameda 4s 1937 to 1941-J&D 6 0 75 to 1.90 East Hartford Fire District— *5 Ms 4Ms Mun Imp '38-*48.A&0 6 0 75 to 2.80 1938-1951 M&N 1938-1940 1911-1947. 1948-1952 1 Alta Irrig Dist 5s 6 3.60 6 1.00 1937-52—A&O Berkeley 5s 1942-1951 J&J 5s School 1938-1955 J&J East Bay Mun Util Dist— 5s 1938-1974 J&J East Contra Costa Irrig Dist 6s Golden Gate Bridge 3 Ms series C 1942-1971._ Imperial Irrigation District— Refunding 6s 1983 J&J Refunding 5s 1983 Los Angeles 4 Ms 1937-51 J&D 4s Water 1937 to 1945.M&N 4s 1940-1962 4s Water wks 1937-51 .M&S 2 Ms WatWks 1956-76 M&N 3 Ms Water wks 1952-75--1 3 Ms Water 1937-41—A&O 4 Ms Water 1937-40 A&O 4 Ms Water 1941-70—.A&O 4Ms Sch 1937 -1944—J&D 4 Ms 1937-1968 J&J 4MB 1938-1969 M&S 5s Municipal 1937-61 -F&A s Harb Imp '37-'61 M&N 3 Ms Wat Rev '37-'48—J&J 3 Ms SchvDist 1938-61-J&J &_H'wjiy- less 1 to 3.20 1 to 2.90 to 2.95 to 2 95 to 3.20 to 1.90 to 2.90 ?65 0.75" to 2.80 1 00 6 to 2.40 6 2.45 to 2.60 6 1.00 6 1.80 to 2.05 6 0.75 to 2.90 to 3.20 to 6 1.10 to 2.95 J&D 0.75 to 2.40 1.00 to 3.20 3.25 % (County)— Ms 1937 to 1950 62.10 to 3.00 Glastonbury *4Ma '38-58.J&J to 3.05 Greenwich— 1937-1942 tax exm't. 6 0.75 4Ms March 1,1938-1951... 6 0.85 Groton S D 4 Ms June 1 '38-60 1.00 Hartford 3 Ms Bdge '55 J&D 6 2.85 ♦4 Ms 6 1 00 97 6 „ v 2.40 to 3.40 100 3.55 % ♦4s Water 1940-45 67 to *4s Water June 1, 1938-'39_ 6 O.81 *4s High Sch *38-'55—J&J b 0.95 ♦4 Ms 1939-1960. M&S 6 1.05 , / 64 / 59 6 1.25 6 1.25 62 to 3 40 to 3.00 3.45 6 2.25 to ft 3.25 3.25 bo 2 45 to 2.50 to 2 30 to 3.60 to 3.10 to 3.65 to 3.70 to 3.70 to 3.80 125 6 3.10 6 3 20 6 1,00 6 1.25 ft 2.50 6 1 25 6125 6 1.75 6 1.25 6 1 30 100 M 6 1.50 Los Angeles City High Sch Dis 5 Ms 1937-1954.-.-M&N 61 30 5 Ms Nov 1937-60 M&N 6 1.30 6 1 25 4s 6 1937-1964 F&A 1937-1945 .J&D 4s 1946-1961 J&D 3 Ms Jan 1 1938-1960 Los Ang Co 4 Ms '38-'49„F&A Modesto Irrig Dist 6s Oakland 5Ms 1937-43...F&A 4M8 Mun Imp '37-'43.F&A 4 Ms 1937-1965 F&A Oakland S D 4s 1937-44-J&J Orange Co 5s 1938-45...M&S Pasadena 4s 1938-42 J&J Fairfield to 3.00 6 2.95 6 1 25 bo to 101M to 3.30 Electric Plant Revenue— Ref 4s 1939 to 1975.J&D 6 2.00 to 3.75 3 Ms ser A 1938-77--J&J 6 1.50 to 3.65 97 3 Ms ser B Jan 15 *77 J&J 96 M on bid side, 3 50 to 6 0.50 J&J 6 1.50 6 2.40 S D No 1 4 4.50 4.00 1.50 to 4.00 5s 3 Ms Impt ref 1939-50--J&J 6 3.70 4s 1938-1941 —A&O ft 3.25 4s 1942-1961 A&O 6 3 70 4Ms 1938-1960 A&O 6 3.80 0" 75" 4 Ms Water 1944. J&J 6 2.00 4Ms Ref Wat 1937-67. J&D 6 0.40 4Ms Water 1962-1965.J&D 6 3.00 5 D No 1 4 Ms 1938-53.J&J 6 0 70 4.50 4.00% 103 M 102 J&J -J&D - 8 Ms renewal class O 1956. J&J ft 3.50 4Msharbor impt June 1 '37-'73 ft 3 90 4 Ms highways 1952 M&S ft 3 55 4s refunding 1941-54 J&J ft 3 55 3Ms refunding 1955-65...J&J ft 3.55 Anniston ref g 5 Ms Dec 1 1939 100 I 1.00 % 2.31 % ft 94M Bakersfield 5s 2.50 6 3.30 6 3.75 3.25 to 3 50 . CALIFORNIA 4Ms 4Ms 4Ms 4Mb 4 Ms 4 Ms 102 Vs 101 108 5s schools 1937-1947—J&J 5 Ms 1945-1964 5 Ms 1950-1969 100M 100 h 100M SSES to 3.25 3s warrants 1939-1951. J&D 6 1.50 2Ms warrants 1952-'54.J&D 6 3.00 6 2.00 Colorado Spgs 4s Mar 11941. 4 Ms 1937-1939. J&J 6 0.75 Denver (City and County) 90 M 92 M 92 M 1 102 less 89M 91M Highway Highway ,37-,50-M&S 100 M to 2.90 61.25 4s July 4 Ms Fund 1941-50.-M&N 4s Water Rev 1938-76.F&A 100M to 2Ms State H'way '39-'54_ J&D 6 1.50 J&J 1946 5s 5 Ms to 360 to 3.65 COLORADO 4 Ms Highway Bonds to 3.45 1.50 1.25 1.25 CANADA— See ARKANSAS 100.14 to 2.60 to 2.70 106 107 less 1 3.75 less 1 5s Jan 1 1954 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 101 100M 110 Prescott 5s 1948 .J&J 108 less 1 Tucson 5s Water 1950 J&J 6 3.50 102.24 103 102.10 102 11 102 26 102.29 101.11 101.14 3.40 61.00 6 0.75 6 2.90 113 104 100»|6 105M 5s Feb 1952. 108 109 104 t 105M 4Mb 1950 4Mb 1957 4 Ms Oct 1959 5s April 1955 l09" 105 6 100M 3.80 102 103 106 100.11 100.14 Loan 3.70 103 Highway 6s Jan 15 serially. /102 Phoenix 4Mb '50 opt '30-J&J 6t3.50 3.50% 3.50 3.50% 4Mb 1938-1956 J&J 4 Ms Court Hse '37-'48.J&D 3.50 3.50% 4 Ms 4 Ms 3.30 to ARIZONA 100.7 100.6 99.24 99.22 101.14 101. 100.12 100. 100.11 100 ,108 4Mb W Mar 10 1938..M&S 63.50 100*16 101 101M 100 School No. 1 5s 1945—J&J 98 31 3MsMay l'55opt'45M&N 48 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 Ma 1958 opt 1938-M&N — 95 104 101.30 May 1*56 opt '46.M&N TERRITORIES & U S PO Honolulu (City & County)— 5a Pub impt 1956-J&D 15 5s Jan 15 1938-'56—J&J 15 5s 1937-1956 J&D 15 3Mb Sept 15 1940-53.M&S Hawaii Terr 4Ma '49.M&S 15 4Mb Jan 1945——— 4Ma Nov 15 *37-'56.M&N 15 4MB Nov 151937-58-M&N 48 Aug 1947 opt 1937 F& A 2.10s July 20 1941-1945 1.70% refdg 1940^4.M&S 1.75% refdg 194044.M&S 107 93 J&J 6s Jan 1 to 1.50 Maricopa County— 99.18 101.29 3s July 1 '55 opt '45.J&J 3s Jan 1 '56 opt '46-J&J 3s 101.3 101.18 99.16 103 104 Road 1939-1952—F&A Tuscaloosa 6s P U 1937-45— 5s W W 1939-1957 —.J&J Tuscaloosa Co 6s Bridge 1941 5s Road 1957 5 Ms serial 102.1 June 15 1939 100 100 5s 111 to 3-40 4Mb Wh & Har '38-'52.J&J 4Ms Water 1937-1964 3 Ms g July 1. 1937-44 ..J&J San Francisco (City & County) 5s Water 1938-1951—J&J 5s Water 1952-1969.—J&J 4Ms Water '57 '58, '59.J&J 4 Ms 1937-1951 J&J 4 Ms 1937-1951 M&N 4Ms Water 1938-1977..J&J 4s Water Distrib 1937-53 San Joaquin Co 5s '37 '49-J&J Santa Barbara 5s '38-41 .JanlO 4 Ms gold Aug 1943—.F&A Turlock Irrig Dist 6s West Side Irrig Dist 6s 105 —J&J 63.90 6s Road 1951 Morgan Co. 5s 1938 102.13 Sept 15 1938 101 94 „ — 111 to 6 1.25 San Diego 5s WW '43-'54A&0 5s Water 1937-63 _J&J 6 1.25 5s Municipal 1937-1960 J&J 1.25 v "l03" Montgomery— 100 5s Pub Imp Jan 1 1938 58 funding 1939-1966—J&J 100 97 4Mb Sanitary Sewer Jan 1*44 Montgomery Co 4Ms 1957-59 63.80 10-i 3 102.19 102.10 102.12 100.23 100.25 102 3 102 1 100.15 100 17 100.25 100 27 100 10 100.12 100 5 100.3 100 3 100.1 101.16 Ms June 1 1937-1948 May 1 1945 B 1937-38-J&D 4Ms 1939-1958 J&D Gen fund 4Ms 1941-66 J&D 100.27 1C2.25 102.29 100.20 100.22 9929 99.28 99.24 99.23 97.29 97.26 118 114 3% 69 6 1.25 6 1.25 Redlands 5s 1937-51—J&J15 Riverside 5s 1937-53 J&D Riverside Co 5s '38-*54—M&N Sacramento 4s Jan *38-'45 Opt Sacram'to Co 4Ms '37-*46 J&D 5s School 1938-1966...F&A 5s School 4 Ms R & *, Mar 15 1938 June 15 1938 66 101 100 Ask Bid Bonds Mobile Co— 100.25 101.1 I 3.00 „ U S Treasury certificates and notes— 1.60 1.70 To Net or Net Mobile 106.14 3M% Sept 15 1937 2M% Feb 1 1938 To 4 Ms Ref 1938-1961—A&O 6 3.80 Madison Co 5s Refunding 1940 h Yield Basis Ask b 3.75 M&N and > Bid Jefferson County4 Ms Ct House 1938-43 111.14 106.10 106.16 104.10 104.5 106.9 shown are the yield basis; ell other figures are bid " or Bonds Net 109.24 110 106.26 106.31 105.22 105 24 106.17 106.20 104 24 104.30 104.11 104.17 102.21 102.27 106.17 106.20 Q-J 108 Q-J 109 1947 Ask also pa Re 19. 115.26 116 111.8 * Yield Basis To or Bonds : ■. Yield Basis Hartford County-— Metropolitan District 2 Ms Wat Sup '38-77M&N 6 0.75 Hartford (School District) * 4Ms 1937-1947 M&S 6 0.75 ♦4Ms Northeast 1959.J&D 4 Ms 2d North 1944 J&J *3 Ms South Sept 1955-M&S 3.75 to3 85 to 3.70 1 25 to 305 6 3.10 to 3.55 6 1.50 to 3.30 6 1.50 to 3.30 to 3.05 to to to 2.85 to 2.80 2.75 2.50 % to 2.90 % to to 2.35 to 2.85 6 1.00 to 2 30 6 0.65 to 2.25 6 2.80 F&A 6 0.65 1937-1952 to 2.75 *4Ms School 1937-40_F&A 6 0.65 *4 Ms, School 1940-'52.F&A 6 1.95 4Ms Water Aug 1941—F&A 4 Ms 1937-1969 F&A 6 0" 65 ♦4 Ms Sch Aug *37-'43-F&A 6 0 65 »4s Park 1937-1943—F&A 6 0.65 New 2.55 to 1.95 to to 6 0.75 6 0.75 to 2 L % to 2 35 to ♦4Ms Paving Aug '37.F&A to »5s 6 0.75 to 6 1.50 to 6 1.50 to maturities. 2.75 to 3.10 2.35 Haven— lesslM t Bid prices for long and short % 2.55 6 0.76 4MB 1938-1951 M&N Meriden (City)— 4 Ms 1938-1943 J&J Middlesex County— 1 Ms Bdge 1937-55—M&N New Britain (County)— 4s Munlc Bldg 1948—J&J 6 4.00 40 330 2 40 3 10 2.50 2.80 to 3 .05 Manchester 9th School Dist— 6 0 75 2.50 2.75 2.40 to 1.65 2.35 *41 -'47 J&J 6 1.90 Killingly (Town)4 Ms'37-56J& J 6 0 50 Manchester— *4 Ms 1938-1944 M&N 6 0.75 *4 Ms Wash't'n 4s to J&D 6 1.95 to 1.95 to 2.85 *4s Apr 2, '40 tax-expt ♦4 Ms 1943-1952 1937-1951. 6 Basis. Flat price. A&O 6 2.10 6 2 35 J&J 6 0.75 « Nominal. 1.95 to 275 0 75 to 2" 85 % " securities are as near as Quotations for all Yield Basis , New London —_ _ ♦434s Imp 1938 M&S 4Park July 1942.-J&J 4Ms Water 1950 F&A 5s Dec 1 1937 -J&D Norwalk (C) 4s 1954-1964... 0.75 to *4Ms Sch March 1938-1953. 0.75 to •4M» Improv't '37-'39_-J&J to 3.25 354s 1937-71 A&O 0.90 to 3.30 2.70 354 s Sewer 1947-70- J&D15 1.00 to 3.35 5s 1937-71 A&O Norwalk (T) 4 lis 1942- J&D to 310 4Ms Sewer 1940-68 M&S 6 1.75 Norwich 4 Ms water 1939-M&S to 310 •434s 1937-1964 M&S 15 6*0.75 4Ms Refunding 1938.A&0 1.00 to 2.85 •Plamfield (T)4 34s *38-'57A&0 1.00 to 2.50 Putnam (T) 4Ms '38-'46-A&0 •Ridgefield (T) 4 Ms Jan 1 *43 - Stamford (O) 4s 1942 M&N Akershus (Dept of) 5s 1963 1.00 2.10 Anhalt 7s to 1946 Extl 100 M dlOl'Mz f 6s(State Ry)'60 Ext to 3.25 to 2.90 8 J100% 100~25~32 102 M pub wks 1961.M&N * El*®3z Extl 6s Extl 5 Ms pub wks *62 .F&A Extl s f conv 4Ms '71.M&N JlOO&e Sink fund extl 4s 1942. F&A Sink fund extl 4s 89M Api 15 '72 . Extl 5s 107 34 107 54 M&S 1957 2.80 to 0.50 0.50 2.45 to 2.10 2.90 Baden extl s f 7s 1951 J&J Bank of Colombia 7s '47. A&O to 2.90 0.50 0.75 to 2.95 7s 1948. A&O Barrauquilla 8s 1935-40-46-48 Bavaria (Ger'y) 6Ms '45.F&A to 2.80 to 101M 10154 / 1954 " 20 M 20M Bavarian Palatinate 7s 1945._ 2.80 2.80 M&N J&J Bete Govt extl 6 Ms 1949 External s f 6s 1955 3.20 to 2" 55 1.00 to 2.85 to 2.95 0.50 to 2.40 Berlin 6Ms 1950. 6s June 15 1958 1.20 to 2.25 108 to Wilmington— 4MsBldg—Oon'53-'62 M&S 4Mb 1937-1950 (s-a)..A&O 6 1.00 99 % to 2.00 26 20 M 22 24 M 25M 23 M 22M Bolivia (Rep) Ext Extl 7s 1958. 1154 2354 24 M 1154 1034 1034 Extl to 2.50 2°5 8s *47 M&N 954 J&J M&S A&O f 7s 1969 s 22 M 6s 1940 iVA 47 Brazil 8% ex 1941 J&D 7s Cent Ry elec 1952..J&D Extlsf 6Ms (1926) '57-A&0 2.60 to 2.50 Extls f 6 Ms (1927) 5s of 1895-—- to 3.25 to 2.90 39 38 38 '57-A&O to 2.50 to 2.50 4s of 1900 4s 1938-1941 A&O 6 1.25 to 1.75 4s of 1910. 4s 1942-1948 A&O 29 23 ... 25 23 25 ■,23 ' 55 60 25 83 M 100 102 113 30 30 30-yr 30 20-year — Brisbane 3? Bud'pest(City)6sJ'n,35coiip'62 / 3234 Buenos Aires (Prov)6s'61 M&! j 100 6s stamped 1961 1 87 M 7s stamped 1952 102 104 97 99 109 114 . No. 1 5s 1937-1955 — 3.90 % 6 4.-40 110 100 Escambia Co 6s Aug 15 1951. Gainesville 6Ms July 1937-40- 6 2.75 5Ms July 1941-1975 Hillsborough Co 5s Oct 1 1943 Hillsborough Sch Dist No 4— Jacksonville— 5s Jan 15 1938-45--J&J 15 6Ms Jan 15 194045.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 1941-55Marion Co Road 6s 1952 - to 4.00 % 4.10 % 6 4.50 100 103 - 100 103 - 65 72 104 6 2.50 101 Miami Beach— M&N 6 M&N 6 1938-1939 1940-1950 4.00 3.50 4.50 4.00 6 4.25 3.95 85 89 .TRe*434s non-opt 1947-56— New Smyrna new refunding Orlando 534s 1937-1952 Refunding 5s 1952 4.70 5Ms 1945-1950 4.75 4.50 100 4.10 Palm Beach (City of) 5s Pensacola 434s ref 1941—J&J 101 5s 1958 92 Pinellas Co ref highway Polk County 5s July 1 1937-40 6 3.00 77 St Augustine 5-isstam'd 1955 634s & 6s imp 1937 F&A / 58 62 100 103 103 St Johns Co Road 5s 1946— Road 5 Ms 1944 B* 19 19 14 6134 19 16 9 A&O 1951 25 25 M 2634 s 18 A&O *28 f 6s 1960 Extls f 6s Feb 1961—F&A Extlsf 6s Sept. 1961—M&S Extl Ry ref 6s 1961 J&J M&S M&N Extlsf 6s 1962 95 98 51 53 8* 2154 21 % 21% 17M 22 22 22 22 22 2154 Chinese Government— AND Agricul Mtge Bk (Colombia) 6s (Feb '35 coupon on) 1947 6s (Apr *35 coupon on).1948 _ 78 22 M 22 54 (Apr '35 coupon on) _ 1946 / 22 7s (Jan *35 coupon on) * price, Tax free in k Last sale, Extl tf f 6s 19M 18 H 18% \l* 1854 1954 10 22 n _ 1947 / 22 Connecticut, Nominal. % 26 26 25 25 11954 121 11834 7s plain 1949 116 734s ext 1941 stamped J&D 11434 7 Ms plain 1941 German Conversion Offer— Funding 3s 1946 / 2954 Int ctfs of dep July 1 1937. _ / 98 German Cons Munic 7s'47 F&A / 22 Cons munic 6s 1947—J&D / 22 „ German Govt Internat— of 11434 , 3034 99 M 26 24 . 29 M J&D / 29 1965 5Ms unstamped 1965 German Extl 7s '49 stampA&O 7s unstamped 1949 Default coups July-Dec'33. Jan to June 1934.. July'34 to Dec 1934 — 24 % / 22M 31H 2654 20 54 2354 68 40 3634 / / / / / Jan to June 1935 / 3534 July to Dec 1935 / 34 Jan to June 1936 / 33 % / 31 / 20 Jan to March 1937 ...J.. 6,„ Scrip.................... / Dawes coups Dec 1934 stpd / April 15^5 to Oct. 15'36. / Young coupons Dec 1'34 stp / 8M 17 11 . 1334 June 1 '35 to Dec. 1 '36.. / Prov & Comm Bke (Con Agr Loan)6358*58 J&D / Graz(Mim)Au8tria &'54M&N German 6s 9 18 14 v 27M 2934 / 26 / 29 % / 48 34^ 293* 97 Hamburg (State of) Germany Gold 6s 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 99 (Rep) 6s extl 1952.A&O 96 1953.— .1..—. A&O 6s 94 Q-J 105 ' 22 M f 6 Ms ,1958—M&S Lower Aust (Prov)7Ms'50J&D 25 22M 2634 ' ' 55 86 3334 85 85M 7334 74M 97 M 9834 85 87 85 8234 7634 2254 19 98) 20) Medellin (Munic) (Colombia) 7s extl Dec 1 1951 15 /.58M 60 J To be called Aug. 1. 30 29M 80 2434 23 M 23 M 1948.M&N a To be called Sept. 1. 6 Basis, 78 29M JSP 102 23 27 ,17 1134 1254 95 96 92 6Ms 1954— 95 M Mendoza (l'rov) Argentina 7Ms extl s f 1951 Stamped 59 "87* 32M Japanese Government— Sf 6Ms 1954 F&A Extl s f 534s 1965 M&N Oriental Dev Co 6s'53_M&S Orient DevCo 5Ms'58M&N Jugoslavia—See Mtge Bank of Leipzig (City of) 7s 1947F&A / Lima (City) Peru— s 25 2634 / 2634 at 100. 1934 10534 2434 24 t Called June 1 110 2334 Luneberg (City) 7s To be called Nov. 1. 30 110 1 Maranhao (State) Brazil— Ext s f 7s 1958 M&N / 22 M / 2254 / 22 M 2334 ' 68 M Scrip issue of 1934 Colombia 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 99 . / 1934 / 22 94 Hukuang Rys 5s £ . J&D 15 Coup No 39 due Dec 15 1930 Coup No 38 due June 15 '30 Cologne Germ'y 6Ms'50.M&S f 22% Colombia Rep 6s 1961.-J&J / 2854 6s Oct 1961 A&O / 2854 / 78M Scrip issue of 1933 j 67% 165"" nni. , / 22% / 23 Italy (Kingd) extl 7s '51.J&D Prestito Redimibile 3Ms.__ Ital Cred Consortium for Pub wks ext 7s B'47 M&S Pub Utll Credit s f 7s'52J&J Extl . CITIES „ 2454 11454 2334 1942.M&N 7% assented Extl 98 4.25 FOREIGN GOVERNMENTS 22 M Irish Free State 5s 1960.M&N 44 95 4.50 New refunding 2-5s— French Government— 7s ext of 1949 stamped.J&D 19M 35 35 39 Tampa— 5s June 1955 opt *25—J&J 5s W W Purch '37-72.F&A 6 J&J , , 22 3254 3334 1938. A&O 15 4.10 4Ms Impt 1937 West Palm Beach— (Repub) 6s '45.M&S 107M Frankfurt-on-Maln (Germ)— 7s 1937-1945 .A&O / 20 Extl s f 6Ms 1953 M&N / 22M / 1834 J&J15 int ctfs 4.70 66 / 64 99 M 109 Heidelberg (Germ) 7Ms'50J&J Helsingfors (City) Finland— Extl s f 6Ms 1960 A&O Hessen. See Munich Bank Hungarian Cons Munic Loan s f g 7Ms 1945 J&J Extl s f 7s Sept 1946—J&J Hungarian Land Mtg Instit'n Mtg 7Ms 1961 ser A—M&N S f 7 Ms 61 ser B ($ bds)M&N Hungary (Kingdom)— Sink fund g 7 Ms 1944..F&A 4954 Chill (Rep) ext 7s % 64 M / 61M 99 Finland Haiti 26M 30 47 M Suwanee Co Road 5Ms 1946— 6 3-5s Oct 1 1972 _ 8054 58 M f 4s $ bonds 1963 6% assented Chili Mtge Bk 6 Ms '57 J&D31 S f gu 654s Jne 30*61. J&D31 S f gu 6s 1961 A&O 6s 1962— M&N 6% notes 1931 , J&D 6s stamped 1931 100 St Petersburg— New refunding— Certificates of deposit — — . Estonia (Rep of) 7s, 1967 J&J 56M s 6s series B 96 80 J&J Greek Govt s f 7s 1964—M&N Sink fund 6s 1968 F&A Guatemala 8s 1948 (.M&N Chilean Cons Municipal LoanExtl s f 7s 1960 ser A..M&S 103 105 to 3.75 / 20 Duisburg 7s to 1945 El Salvador (Rep)—8s A'48 Gt Brit & Ireland—See British Central Bank of Germany— 6s A 1952 —F&A / 4.60 79 "2534 / 20 Duesseldorf 7s to 1945 80 Ser A 4.50 4.80 , 79 Farm loan 6s 1960..A&O15 101 4.30 4.40 6s 1940-1950 5Ms of '22 ext 1961. 78 5 34s of '26 ext 1st ser 1969 k 78 5Ms of'26 ext 2dser 1969 ----Dortmund Munic 6s 1948 / 20 3 Dresden (Ger) ext 7s *45 M&N / 22 J 78M Farm loan 6s 1960 4.60 63 Farm loan 7s 1950—M&S15 100 98 76 ser 5Ms 1940 A&O Customs Administrations— 2nd 78 M Ceara (Brazil) 8s 1947 J&D Cent Agricul Bank (Germany) 100 Refunding 4s 1938-62.F&A 7734 17 96 94 95 101M 101M 7754 Readjust 4 34-4 Ms '77.M&S Ref s f 4M-4Ms '76—F&A 76 July to Dec. 1936 8754 8934 102 Oali(OoIombia)s f 7s '47.M&N 12 Callao (Peru) 7Ms 1944..J&J 57 Carlsbad (City) s f 8s '54. J&J Oauca Val (Dept of) Colombia 7 Ms 1946..— A&O f 18 1554 Extl sec 78 1948 J&D 101 Miami— .Refunding 5s 1964 3354 100 101 Caldas—Ext 105 100 lio" 10054 Stabil loan 7 Ms 1968.M&N s f 7 M s 1946 .J&J 4.10 Road bonds 5s 1952 60 — to 3.25 6 4.40 f 6s 1960 ser C3.A&0 s 101 87 1984.J&J Bulgaria (Kingdom)— Sec s f 7s 1967 .J&J 97 100 Extl 8354 77] Extl to 4.00 94 7Ms stamped 1947 6 Ms stamped 1961 Scrip Exten 6Ms 1955 ser B.J&J Extl s f 6s 1960 ser C2_ A&O 78 78 77 M 79 34 77] '42.M&S 2d Series 1942 Extl re-adj4M~4 54s '76A&O Ext re-adi 4M-454s'75M&N to 3.00 6 2.50 6 3.50 10254 10834 65 105M 101M 9834 10554 10134 9834 J&J F&A Trust rets 4 Ms 1962 A&O 15 _ 101 J&D f 6s 1950 British 4s 1990 opt '60.—M&N Brit Hungarian Bk 7 Ms 1962 / 108 '98 1935 s 100M F&A 5 f 5s 1958 Dade Co Spec Sch Dist No 2 New refunding bonds Duval Co Road 5s 1955 Duval Co School District (City) AustraliaM&S f 5s of 1957 s ;98 55 J&J Denmark Mtge Bk—See Mtge Bank of 534s loan 19 6s 1940 6s Ref & Impt '37-'56 var f 28 Dade Co 5s Oct 1947-54.A&0 104 99 Ref Bldg 5s 1958 I 25 _ 108 Road bonds 6s 1955 Coral Gables 5Ms '38-'56 A&O / 28 6s Impt 1937-1938 J&J / 28 .; ,39 26 / 82 M Funding 5s 1931-1951 9354 Funding scrip 23 remen (State) 7s 1935-3"" " 100 M 9954 9754 M&N F&A Danzig Port & Wat Ways Bd _ 17 10534 10634 • 4754 4034 38M 126 23 L__ 4s of 1889 FLORIDA 13 23 23 5s of 1913 A&O 6 2.40 26 23 4 Ms of 5s 1947-1949 6Ms 5Ms 100 20 M J&D Cons Municipal Loan Extl 102 M 104 M 63 104 104 f 8s 1952 ser B.. A&O s 5Ms 1955 5s 1953 19 ' A&O 1883 4Ms of 1888. Brevard County School Tax Districts No. 4 6s 1937-55— Columbia Co Road 5s 1947— Ext _ Danish „ 10954 10854 11754 "99M / 15M M& 6Ms 19o9 5Ms Cust Adm 1940-.A&O Bogota (Mtge Bk) 7s May *47 7s Oct 1947— A&O 2.80 DELAWARE New Castle Co— 6Ms 1937-1944 J&J 6 0.75 Sussex Co 5s 1938-1970—-J&J 6 1.25 4 Ms 1937-1953 A&O 6 1.00 f 7s 1955 s Bergen, Nor Ex.sf 5s '60M&S f s Dominican Rep 534s 16 109 Bogota (City) extl 8s '45.A&0 Extlsf 6 Ms 1947 A&O 2.25 Extl 25" 37 I)'. 102M 1911..M&S g Extl _ 101 33 35 Czechoslovak Republic— Ext s f 8s 1951 ser A..A&0 195* J&J J&D 5s 1944 opt s f 6Ms 1952 Denmark ext 6s 1942 Ext'l 5Ms 1955 107 24 M&S 0.50 107 M 33 M . 1949 / 29 98 4Ms '49 opt F&A g 5s 1949 F&A 102 sf 5Ms '53 J&J 15 102 SMsPub Wks June 30'45J&D / 61 Serial 5 Ms 1936J&J 100 Serial 534s 1937 J&J 100 _ to 2 Ms April 1 1938-1947 2 Ms April 1 1948-1957 2Ms April 1 1958-1966 Kent Co OMs 1945-1950-M&S 6 2.75 9954 8854 9034 99M Australia (Commonwealth)— Extl 5s July 15 1955.J&J15 0.80 6 0.75 6 2.05 101 88 M 2.65 T.00 Cuban Extl Extl Extl 9734 M&N f 30 5s 1949 102 Extl 6s sanit wks 1961. F&A to Nov 1 1936 coupon on... Funding 5s 1951 M&S a lOJMz to 2.50 85 95M J&J f 7s 1942 s Costa Rica (Republic)— Extl sec s f 78 1951— lOPte f 6s 1960 s 90 f7W f 80 7s stamped 1957 Extl _ 102"" M&N * M29n -A&O dlOl'Mz s Extl 75 F&A / 74 7s stamped 1937 10054 100 M 9434 93 54 Cordoba (Prov) Argentina— _ f 6s Oct 1959..A&O Extl Extls f 6s I960-. s Costa Rica Pac Ry 7 Ms f9915i6 199^,6 Extl 4 Ms 1956 Austrian Govt 7s 1957 West Hartf'd 4Ms 1943—J&D 4Ms Mar 15 193848.M&S W HavUSD *4 34s'38-'56 M&N Westport 4Ms July 1 1937-60 Weston (T) 4Ms'37-,45-M&N Windam (Township)— 4s 1938-1942 J&J 4s 1942-1952 J&J 13 28 alOlMs to 2.55 6s Water 1952-1971.M&N15 1434 1434 1434 1354 1234 1234 1st g 6s 1958 ser B J&D Sink fund gold 6s 1959. J&D 2.20 434s July 15 1937-66—J&J f 7s 1957 22 Antwerp (City) extl 5s '58 J&D Argentine Repub— Ext 6s of '23 1957 A-M&S 1.25 1.25 4 Ms 1946-1953 J&J •4 Ms Water 1937-64 J&J •< 6s Water 1937-1951—M&N a / / J&D J&J 4s Water 1937-1965 m A&O/ ser. A&O J&D J&D *2 Ms 1950-1962 *3s 1938-1942 • ser. (City)— _ 13 M 13 M 13M 13 11 UM 11M 25 / / / / 8s 1946 Torrington— •534s Fund 1938-'41 J&J 6 1.00 to 2.05 4M.s July 1 1939 J&J Wallingford (Town) 4Ms 1.00 to 2.85 1938. 1943. 1948. 1953.J&J 0.50 to 2.50 4s 1937-46 J&D W*^U1?50-1962 f 7s 1957 3d s 1.00 J&J *4 Ms Sch 1938-1965—M&N 4Ms High Sch 1938-'59 J&D Stamford (T) 4Ms '38-'45 98 M / 20 Cordoba Extl 8854 M&N Extl g 4Ms 1953 _ , „ f 7s 1957 1st ser.A&O / s Extlsf 7s 1957 2d Extl 9934 Copenhagen 5s June 1 '52 J&D Norway. M&N M&S 2.80 Antioquia Col (Dept of)— Extl s f 7s ser A 1945 J&J 0.90 Extl s f 7s ser B 1945-J&J 3 Extls f 7sser O 1945—J&J 2.90 Extl s f 7s sei* D 1945-J&J 1.80 _ Ask Bid Bonds Ask Bid Bonds Net Ask Bid possible for the closing day To or Bonds MUNICIPAL BONDS of the month preceding the date of issue AND STATE 92 J&D d To be called Oct. 1. / Fiat ii'B\ 1&: V'V b::m and municipal state June, 1937] Quotations for all securities are as near as -feVt':v\ ,l. >i. Poland— 1958---—J&D 1 44M Assn— (Bank of the) 1st 6s 47 F&A / 25 95 Styria (Prov of) 7s 1946.-F&A Silesia Foreign Govts, and Cities (Concl.) Metrop Water Serv—See New 1914 coupon 1943 1945.. / TTx»m5S1%,57N.°.naiN 5M 7M 5 6 5% 5% 8 / / / Extl 4s of 1910 (£20 pieces) f £100 and £200 nieces f 5% Treas 6 % notes '23 ext to '33 f 7K <£20 pieces £100 and £200 pieces 72 Milan(Italy)ext 6Ms '52_A&0 Minas Geraes (State) Brazil Extl 6 Ms 1958 M&S f 25% Extl 6 Ms 1959 ser A..M&S 5s assented 1945... }iiH (City) 7s '52. J&D A.M&N / 60M Mtge Bank of Denmark— 98 : Exch s f 5s 1972 ser IX J&D Mtge Bank of JugoslaviaSecured 8 f 7s 1957 A&O / 38 Montevideo f 6s 1959 ser s 6M 5K ■ :' lUnion of Soviet S8 49 5s funding 1956 48 Second 5s 1956 Nov '32-May *35 coupons.. / 55 Nov *35-Nov *36 coupons— / 40 J* 73 26M Vo* 68 62 M F&A f 20 New South Wales (Australia)5s extl s f 1957 F&A Extl s f 5s 1958 A&O Venetian Prov Mtge S f 7s 1952 ser A 94 s s Porto Alegre (City) 68 92 90 25K 23 M 22M 21 30 1961—J&D. J&J / F&A/ 22 #Ms 1959— , 25 M ljf 20 6s 1933 Do Sul (State) f 8s 1946.-A&O 7s extl s f 1966 M&Nfr 26 Extl s f 7s 1967 J&D / ~~ Extl s f 6s 1968 J&D " Rome extls f 6Ms 1952..A&O 26 M 24M Alberta Rumania s , Certificates of deposit Saarbrucken (City) Extl s f 6s 1953 8 27 27 26 M 76 34 14 8s ctfS of deposit 1948-. Santa Catharina (Brazil)8s 1947 F&A San Paulo (Brazil) State of— 27 8% external loan 1936-J&J, Extl 8s 1950 J&J / 32 Extl 7s 1956 M&S / 26 M Extl s f 6s of 1928,1968 J&J / 25M 42 __ / 22 6s 1943 A&O Sec sf 7s 1940 93 1942.M&S / 81 ^Stamped f 80 Banta Fe (City) Arg Rep extl Santa Fe (Prov) 7s 7s 1945 stamped-..—A&O Scrip ... . Santander Extl s f 7s li 32 28 26 24 93 M 83 76 A&O 4s 1945 81M 83 .80 Colombia A&O / 14M 16 16 25 " 25 Santiago (Ci ty) Ohile7s *49 J&J / Extl sf 7s 1961 M&N / Sao Paulo Brazil 8s 1952 M&N / Extl s f 6 Ms 1957.M&N 15 / " Saxon State Mtge Institution 225Sink fund 7s 1945 J&D 22 Sink fund 6 Ms 1946 J&D ,y it* 96M 1937-1944 J&J 1937 J&J 4Mb 1937-1942 J&J 4 Ms 1943-1960 J&J Quebec (Province)—. 4Ms 1950 opt 1945—M&S2 4Mssf 1961. M&N Quebec City— 5s S F (non-call) 1960-M&N Saskatchewan (Province)— to 2.25 J&D 2.25 2.25 5 3.00 5 3.00 5 3.40 5 2.25 3.20 3.50 5.00 3.00 3.25 to 5 4.00 to 225 to 6 2.00 95 to 95 100 100 Cap Bldg 1938-1939.J&J 5 2.25 Impt 1937-47 opt '30 Ref 1938-1939 A&O 5 2.25 ref 1940-45 A&O 5 2.50 Road 1938 opt '27—J&J Boise City 4Ms1951——J&J 4Ms 4 Ms 4 Ms 4 Ms 4 Ms 2.25 to 3.00 % to 3.00 to 2 25 3.50 to 2.25 to 2.05 Champaign Chicago—• 3s 1957 opt '39-'40 3s 1957 opt '41-*42 to 2.25 to 2.15 2.20 to 2.60 2.60 to 2.70 0.60 to 2.25 2.30 to 2.60 Bloomington— 1937-1961.M&S 6 2.00 to County— 1938-1943—M&N 6 2.00 to 3.00 4Mb water 5s Road 3.50 __ — 96 M 3 Ms 3 Ms 1952 opt 1945— 1953 opt 1946 3Ms 1955 opt 1951 117M 107 4s 106 107 M 109 M 29 1.50 2.75 3.20 4s 1938-1939 105M 98 98 98 96 M 96 M 3s 1956 opt 1945-49 3 Ms 1951 opt 1940 100 3.25 3.30 3.30 3.40 to 2.00 to 3.10 4Ms 1954 4s 1940-1944 108 26 % 2.25 1.15 1.00 101 115 117 1945-1948 4s 1949-1950 -— 3.30 to 3.30 to 3.40 3.40 1.25 6s 1938 HOM K 100M 113 111 105 104 101 J&D 1939 1941-43 3s 1957 opt 1945-47 3 Ms 1955 opt 1946 4Ms 1954 opt 1944 Chicago Park District— 3 Ms 1956 opt 1946 4s 1955 opt 1938-'39 4s 1955 opt 1940-'44 4s 1955 opt 1945-'47 4s 1955 opt 1948-'55 106! 1071 114„ 115M 101 101 „ 100 M 117 113 120 3.10 99 1.75 to 3.00 100M 3.25 to 3.40 3.50 to 3.60 3.60 to 1.75 to 3.00 3.25 to 3.40 3.50 to 3.60 3.70 1948-'54 to 3.70 Cook County— 4s 1956 opt 1938-'39 1.75 to 3.00 3.25 to 3.40 1940-'44 1945-'47 4s 1956 opt 1948-'51 Elgin Sanitary Dist— 2.50 to 3.60 3.60 to 3.70 „ M&N 5s 1938-1944 6 2.00 to 3.00 Evanston 8 D No 76— 108 4 Ms June 108M 108 3.40 4s 1956 opt 4s 1956 opt 100M 100 M 96 3.60 4s 1955 opt 100M 95 M 95 M Sanitary District— 4s 1955 opt 1938-*39—*— 4s 1955 opt 1940-'44 4s 1955 opt 1945-'47 l06" 104 1 1938-1948 109 K 6 2.00 to 3.50 1.75 3.25 to 3.00 3.50 to 3.60 3.60 to 3.70 2.25 2.75 2.00 to 3.50 Forest Preserve— 109M 89 83 90M 1938-39 1940-'44 4s 1956 opt 1945-'47 4s 1956 opt 1948-'52 Granite City 4 Ms 1937-48 J&D Jackson Co 4Ms 1937-46-J&J Lake Co 5s Road '37-'49.F&A 85 River Forest S D No 90 83 85 80 100M 1102 90 91M 88 89 M 4s 1956 opt 4s 1956 opt 4Mb 78M 101M 108 102 M' 108 115 mmmmmm 103 mmmmmm 105 M mmmmmm to 3.40 to 3.50 to 3.50 6 2.50 to 3.50 WW *38-75 A&O 6 2.00 to 4.50 6 2.00 to 6 2.50 to 6 2.75 to 2.50 2.75 3.25 % M&S 1937-1944 — —— A&O A&O A&O gold. INDIANA mmmmmm Elkhart 4 Ms mmrnrnmm Evansville 4s ref 1942.... J&J 107 •• t Quotations par 100 gold rouble bond equivalent to 77.4234;grams of pure iit 105 J&J J&D J&D 5« 1950-1959 118 96 M 96 95 M 3s 1957 opt 3s 1957 opt 110 • to 3.50 1.10 101M (non-call)_.J&D15 (non-call).—M&N 4Msjl938-1939 4M»!>1940-1941 4 Ms 1942-1945 -.- 2.25 2.25 5 1.75 101M M&S 4s Nov 15 1957-—M&N15 Toronto 6s 1937-1940 J&J I-.; to 2.25 5 2.50 104 104 4Ms ") 3.00 % to Board of Education— 4 Ms , 29! 28; to 2.60 to 4.00 1.75 106 106 4Mb Mar 15 1960 40 to 3.00 1.10 107 96 M 94 M 92 6s Munic Imp *37-*50—J&J 5s July 1. 1937-1956—J&J 5s 1940-1950 to 3.00 1 1 4s Highway 1945-54 M&S 4s Highway 1955-58 M&N 3 Ms Emerg Rel '37-'47 Dec 15 3 Ms Emerg Ref *48-'54 Dec 15 102 103 1944 M&S 4Ms Jan 15 *38-'47—J&J 15 4Mb Jan '15 '48-'57-J&J 15 4Mb 1938 M&N 15 4 Ms 1939-70 M&N 15 4s 1941 M&N 4s May 15,1938-43.M&N15 4s May 15,1944-57.M&N 15 4s May 15,1958-68.M&N 15 Hydro Elec Pow Com— 4 Ms Jan 1,1970—J&J 2 Ottawa City 5s '37 '45—J&J 5s 1937-1939 5s 1940-1949 5 3.10 '38-'43.Aug 1 117 116 51~ 1948-49—M&N 4Ms Serv Oomp *38-'43-Aug 1 116 50 3,10 2.40 4 Ms Serv Oomp 110 55 to 102 27 25 5 1.75 4 Ms Serv Oomp '38-'44_Aug 4s Highway 1938-43 May 108 M 1943 J&J 2.50 to 3.00 110 107 5s 4.25 to 2.10 ILLINOIS 101M M&S 5s 1959 to to 3.00 80 80 72 Deb 4 Ms Sept 15*52 M&S15 Deb 4Ms 1960 M&N 15 Ontario (Prov) 6s '43—M&S15 5 Ms 1946 -J&J 5s 1959 M&N 48 M&N / 28M M&N / 28 - 115 108 18 2.40 2.80 IDAHO ■ 100 M 100 M 100 97 M 114 30M to 4Ms 1937-1956 62 62 New Brunswick— Nova Scotia (Prov)— Deb 5s 1960 99 95M 95M 93 5 3.75 Woodbury 6s 1937-49 62 J&D M&N 4Ms non call 1958-M&N 15 4 Ms s f Apr 15,1961 A&015 4 Ms 1955. -M&S North Vancouver 5s '60--J&J 100 fSH 94 62 103 Nov '32-May '35 coupons._ Nov '35-Nov '36 coupons.. Serbs Croats & Slov (King of) Extl 7s 1962 ser B 62 Commissioners— 5s Nov 1, 1969 M&N 21 49 Extl 8s 1962 62 * sr Second series 5s 1956...... 6s 1947 Serbian 5s 1956 64 Harbor / 8« 1948 65 M 64 J&J A&015 1971 1,1944 101M Marietta 5s W W 1939 F&A Pulaski Co 5s 1937-48 J&J Rome 4s Mun bldg'38-'39 A&O Savannah—4Ms ref 1943-J&J 4Ms Drainage 1944 F&A 4Ms 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 93M A&O 15 June 1, " 34M / (Mtge Bank) 6s 1947 1940-1951 106 4s Pav & Sew '37 to '39-J&J 99 "44-J&D 2 4Ms May 1, 1945 M&N 4Mb Dec 15,1956—J&D 15 Montreal 5s Dec 1, 1945-J&D 5s s f Nov 1,1956 M&N s 104 100 98 M Macon— niM 93 M Manitoba (Prov) 5s 4Mb May, 1954 4Ms Jan, 1944 ;s 1937-1939 99 103 J&J 93 M 89 88 Clarke Co 5s 1938-1944—J&J 5 1.75 Columbus—5s 1937-44-.. J&J 5 1.75 Cordele 5s W W '37-38 ..J&J 5 2.25 m 11ig 98 M M l.r 95 92 86 85 Crisp Co— Hydro-elec 5s *38-'57.F&A 5 3.25 1.75 Dougherty Co 5s *38-'48 M&S 102M 4 Ms Salvador 7s 1957 J&J / Certificates of deposit— / 4s scrip / . 111 24 23M J&J / 112 112 5ssf 1955 & 1960 A&O Halifax N S 4s July, 1945 5b Jan, 1951 J&J Hamilton— 4sElecL&P1941 A&O Lachine P Q 5s 1954 J&D 24M 1 Germany 99 X 26 4: 1 IK m — 98M 107M 93 Augusta—4 Ms Flood'42 M&N 5 2.75 84 M Bibb Co 4 Ms A&O 15 A&O 4Ms Jan 15, 1942—J&J 15 DeB 4Ms 1956 A&O 4Mb Jan 15.1957 J&J 4Ms July 16. 1958 J&J 4 Ms Apr 1, 1961 A&O 4Ms June 1, 1967 J&D Brit Col (Prov) 5s '48—J&J 15 5s Apr 25, 1954 A&O 25 4 Ms 1937-1946 J&D 29 4Ms 1947-1956 J&D 29 4Ms s f deb Jan 23 '69 J&J23 Calgary 5s July 1,1945 J&J Edmonton (O) 5s '45&'50A&0 24 M 111 111 28 M 37 F&A / Russian 6 Ms June 18 1919— / Certificates of deposit— / 5M% e*t loan Dec 1921— / 7s 1959 83M - 98 M 24 M (Monopolies) Institute (Prov of)— Gold 5 Ms 1947 5s 1950 Gold 5s 1959 Grande Brazil ext s 57 Wl Prague (Greater) City—__ 7 Ms loan of 1932-52. -M&N Prussia 6Ms 1951 M&S 15/ 23 6s 1952 A&O / 23 Queensland (State) 7s '41 A&O 110M Ext g 6s Feb 15 1947 F&A15 109 7. Bio de Janeiro 8s 1946—A&O / 26 Extl s f 6Ms 1953—...F&A * 24 '•Jr. 101 10551 Brazil— Sf 40-yr 7 Ms 1966 7s 1968 Rio 22 / 75M "~80" Poland (Rep of) 6s 1940-A&O Stab'n 1 s f 7s 1947-A&O 15 Extl s f 8s 1950— J&J Sinking fund 8s 103 25M A&O f 6s 1961 20 M / 96 94 95 94 M J&J b 1.25 J&D 5 3.10 ' Road 5s 1949-53 18M 10-year 2 Ms Aug 15 '45 F&A 25-yr 3 Ms 1961 opt *56-J&J 30-yr 4s Oct 1, 1960—A&O 6s refdg Oct 15, '43—A&O 5s May 1952 M&N 5Ms Vict Ln Dec '37-J&D 5b N Serv Nov 15, '41 .M&N 2 Ms Jan 15 1944 J&J 3s Jan 15 1967 J&J & 106M 104 H 101M 98 M Stamped.............*, jf - i & Athens—4 Ms June 30 1943— 5 3.00 Atlanta—4Ms Jan 1 1940.J&J 5 2.60 5s Water 1938-51 J&J 5 2.00 Dominion of Canada— 106 M / 53 5% scrip......------——— Panama (National Bank)— 6 Ms series CO & D7 '48-*49 / 86 6Ms series A & B 1946-47— / 84 24M Parana (State) Brazil 7s 1958Pernambuco (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 22 106 Panama (Rep)ext5Ms'53 J&D Extl sf 5s 1963 M&N Appling County— (American Dollar Quotations) 106M Norway Municipalities Bank Guar s f 5s 1970 J&D 102 £ Nuremburg extl 6s 1952. F&A / 22 Oldenburg (Free State) 7s 1945 / 20 Oriental Devel—See Jap Govt 99 M Oslo s f extl 4Ms 1955—A&O 45 M CANADA 102% 101M 98M GEORGIA 1937-1945 Albany—5s 1945 4 Ms ref 50 102 M 104 97 51 1944—F&A f 6s 78 23 Wurtemberg 7s to 1945-M&N Yokohama extl 6s 1961--J&D Board 4Ms extl sk fd 1956...M&S 4Ms extl sk fd 1965—A&O Sk fd extl 4s 1963 F&A Bank— A&O 5s 1941 99 40 A&O F&A Sf5Ks 1950 Norway ext 6s 1943 External 102M 102 M 91.04 96M (O) extl 6s '52—M&N Warsaw (City) 7s 1958- F&A / ik* 50 Warsaw (Land M Bk) 8s 1941 20M Westphalia (Prov Bk) 6s 1933 Net 108 105 100 93 var 4Ms 1942 and 1967-..F&A Verdun deb 5s 1954 Winnipeg, Man 5s *44 A&O 4Ms non-call 1944 M&N 4Ms June 11946 J&D 4Ms June 15 1950—J&D15 4s Aug 1 1946 ; F&A15 16 M 86.44 Vienna J&J 5s 1945 & 1946 var_. 5s 1950 & 1951 var.. 5s Jan 15 1970 J&J14 78 •■'79 66M 66 M 6s 1936 Munich Bank— Met Wat Serv & Dr 5s 1940 & 1941 102 *81* 3 Ms July 1 1944-45 Vancouver, B O 5Ms '39-A&0 5Ms 1952 F&A Uruguay 8s ext 1946—-F&A Extl s f 6s 1960 M&N Extl s f 6s 1964 M&N / 66 _ Hessen 7s to 1945 w 100M - A&O J&J 4Ms 1946-1961 4s £ July 1 1948 39 M Soc Republics Gold 7s 1943 Ask Toronto (Concl.) 47 ... 4s of 1904-1954 Extl 8M Sydney (City) NSW „Ms 1955—-F&A 104M 25-yr s f 51 Tokyo (City of) 5s of 1912— 72 5s of 1912 1952 M&S 78) Extl sf5Ms 1961 A&O / 14! Tolima (Dept of) 7s '47-M&N Q) on M& N T0 or Bid Bonds Net (Prov) Extls f 7s Stamped assented MlM»l799 Ask Silesian Landowners South Wales Mexican Irrigation s f gtd 4 Ms (May Bid Bonds Net Ask To or To or Bid Bonds . Yield Basis Yield Basis Yield Basis ./\;v 93 bonds possible for the closing day of the month preceding the date of issue ■(V ' - 6 Basis. • Fort Wayne— 4Mb 1937 to 1941 A&O A&O A&O 1942 to 1946 1947 to 1957 ' / Flat price. J; Last sale, n Nominal. 'i'V STATE 94 AND Quotations for all securities are as near as To or Fort Wayne School Dlst— 5s Oct 1 1937-1943 Gary Sch • |6 1.75 4s Fire 4Mb Sch fne 15'40 J&D15 ----4Mb 1938-1955 J&J 6 2.00 3 Ms City Hall 1939—J&J Indianapolis S D— 4s Bldg Sept 1 1946—J&J 3h» July 1 1941 J&J ----5s Oct 20 1937-39 A&O 6 1.50 Logansp't 4Mb 1937--J&D15 8o Bend 4Ms W W '43.M&N 5Ks 1941 M&S South Bend School City— , to 2.50 00 3.00 % 2.00 4Ms to 3.30 Sept 1 ^ to to co 1.00 co co 1.00 v Sioux New Orleans— 5s Pub Belt RR *39-'49-J&J 4s Constitutional 1942-J&J 4s Public Impt 1950 opt 103 M 3 Ms June 11944 1942 (old issue) 4s Pub Impt'42 105M 3 Ms July 1 1945. 3s April 1 1938-1957 2.25 to 3.10 to Orleans 1 2.70 4Mb Water 1938-1947-J&J Leavenworth Co 5s 1945 McPherson 4 Ms 1945 Reno Co 5s 1941 Saline Co 4 Ms 1945 Sedgwick Co 4Mb 1940 Shawnee Co 4 Ms 1944 Topeka 4 Ms 1948 Topeka S D 4Ms Mar 1 '38-4$ Wichita 4 Ms 1937-46—J&D Wyandotte County— 4 Ms Bridge *38 to *41-F&A 4Mb 1938-1939 J&J 4Mb 1940-1945 J&J 5 1.25 b 3.00 6 3.00 4Mb S I *42, '47 & '52M&S Bowling Green—5s 1955-J&J Covington— 6s W W Jan 15'38-'61 J&J15 4Mb Fdg 1937-48 F&A 4Mb 1938-1950 A&O 4 Ms 4s .Fdg wwj'937^61::::j&j to 2.80 Livingston County— 5 Ms R&B Fdg Marl'49A&0 Louisville—5s Sch 1962--A&O b 2.00 6 2.40 6 2.65 l.ob —F&A 1959-F&A F&A J&J to % 2.85 % to 2.55 95 ,1.95 6 2.05 - to 2.95 % M&S 6 0.85 M&N 6 1.75 _ to 3.15 % M&N 6 1.25 to to 2.05 % 2.35 % 6 1.00 (tax-ex) F&A [Lowell 4 Ms 1937 (tax-ex) F&A to 6 1.90 6 0.70 1938-*50 to 3.05 6 1.25 4 Ms to IS65 Malden4s'37-44(tax-ex) F&A Medford— 1.70 % to 2.70 I 2.30 1 1937-1942 tax-ex.M&N 6 0.75 Milton 4s 1937 (tax-ex)-F&A to 2.15 65 2.75 % 2.75 1.50 to 1.75 % [to 2.50 % to 2.40 % , 4s 1937-1940 tax-ex a — - J&J 6 0.75 3.45 - 3.45 93 4.30 % —- July 1937-1939 J&J 6 1.00 4s July 1952-1958 J&J Portland— 4s OH '38-*45 tax ex—A&O » 0.75 Portland Bridge Dist (taxable) 3 Mb July 1937 to 1939-M&S 6 0.75 Portland Water District— 1.75 92 3.15 4s 1937 tax-ex to 2.50 % 3.75 % % to 3.50 0.50 % 2.50 2.90 3.15 3.15 1.90 % 1.60 % I 1 4.10 % 1.50 % to 2.25 [to ,% [3.25 2.50 % to 2.85 6 2.65 to 2.90 % lISiTr^1'38-'54^sPrxy,ii948-50 4s 4s 1937-44 5b series A, B & O1940-1943 6 3.25 to 3.40 58 series A Mar 1 1943 3.40 to 3.40 O Off ftF 3.25 to 3.25 4Mb series E May 11942— 6s series F Mar 15 1943.... 3.40 to 3.40 " Baltimore— 1.00 % 2.60 % See to 3.50 % 1.00 to 3.50 % 6 0.75 to 3.50 % [to 1.50 0 0.75 to 1.50 2 6 0.75 6 1 10 to 1.50 % ^ 2.25 to 2.25 "3.00 to 2.75 bid side. to 2.50 % • to 2.50 6 1:40 \> .75 . to 1.50 % M&S 6 2.10 to 2.75 1946-57 M&N 6 2.25 A&O 6 0.75 M&S 4s 1972-1975 M&S 3 Ma Impt 1940 -J&J 3 Ms March 1945 M&S [to 2.75 4s Regis'd stk 4s 1937-1944 to 2.00 4s 1956-1965 } Less 1M on bid side, MEXICO „ Foreign Govts page 5Ms July 15 1941 2$8 Oct 15 i94i f^s Highway 1941 5s b Basis. % 2.15 % to 2.90 % I to 2.70 % [to 2.25 % to 2.05 % to 2.25 % 93 Highway 1940 s Highway 1943 1 1.90 1 J&D 62.10 F&A 6 2.20 less 1 6 2.25 less 1 [2.10 ADnlrSoa£-fmPt 1942-AJ'0 to 2.50 % t 150 [6 2.00 ^Wrff4 Kb 1937-1948 J&J 3 Ms 1944-1946 to 2.10 % to 2.00 % Battle Creek— JL937-40- -M&N 4^s ^Sewer Battle Creek 8 ~ - 1938-1949 11.50 1 F&A 11.50 5 Ms w w 1937-1951 [to 2.501 % 1.50 to 3.25 % M&S Dearborn— to 4.00 % 4Mb Sewer '46-'51-'56-A&0 13.75 Detroit— 4s — 6 4.00 lesslM 98M .... 4.05 6 4.10 4Mb... 4Ms._ 6 4.10 4.05 5s 6 4.15 4.05 non-callable.. Water 4s...w.i...w».«.... 6 3.40 3.30 6 3.45 'lesslM 4Mb 6 3.50 lesslM 4Mb Refunding Water series D— 6 3.25 to 3.35 3 Ms Oct 1 1951-1961 , 1.00 3 Ms Oct 1 1937-1950 to 3.15, 6 3.20 to 3.25 1 1948-1950 1.00 to 3.10 1937-1947 6 3.00 [to 4.00 Street railway 4Mb — 97 93 Refunding 3 Ms 57-'62 J&D 94 92 Refunding 4s '37-'56-J&Dl General & Street Railway— 6 2.00 to 4.00 3 Ms Oct 1937-59 3 Mb Oct 4s July 1 General 3s Oct 11959-62— 6 3.90 less 1 1.00 to 3.00 1 1937-62.. 87 83 Refunding 2Mb 1951-63 J&J , Refunding 3 Ms 1938-50 J&J 6 2.00 to 3.85 - / Flat price. less J&D m-^»Hughwa7 ImPfc 1944 A&O Water 2Mb Oct .50 less 1 J&J 15 6 2.25 6 2.25 A&O 15 General 3 Mb— 4s Aug 1, 1961 _F&A 4s Schoof 1938-1939—M&N 6 1.25 to 2.00 |to 6 1.65 1MB Apr 1 *38-'46 % % MICHIGAN _ 1.00 2.50 . 1945-1971 6 0.50 F&A Warren Water District— 2.40 % 5s 1938-1961 A&O 6 0.75 to 3.00 2j60 5s Gen Imp 1943-45—-M&S 5s Water 1961 A&O -25 58 registered 1946 [2.60 M&S — 4Mb Mar 1. 1938-'55-M&S 6 0.75 to3~66 % .75 4s Aug 1, 1951 F&A .75 4s Annex 1954-.. —J&D .75 4s Parks 1955 M&N .75 4s Mar 1, 1961 M&S 4s (tax-ex) F&A 6 0.60 1937^5..F&A 6 0.50 1937-1960 Bay City— —- n j&j 4MB 1938-1953 F&A 6 0.75 Wellesley (Town) 4s Mar 1 1938-1946—M&S 6 0.75 Winchester 4s 1939-1943 A&O 6 1.40 to 1.60 % , 460 % 3.80 % Par to 1.55 Worcester MARYLAND 4Mb Rd & Bdge '37-'40J&D15 4Ms 1937-1942 J&D15 4Mb 1937-1942— J&J 3s ctfs of indebt '38-'50— A&O 2Msctfsof indebt, * ■■■. 1939-1951 A&O Annapolis 4Mb W W '42-A&0 to 2.10 % 6 0.75 4MB 3.10 % 3.15 % 6 1.25 J&J 15 3.10 % 3.00 3.10| (tax Quincy 3 Ms 1938 to *39—A&O 6 1.10 % to 2.00 % J&D 6 1.50 2.75 2.50 4s Funding 1948 J&D 6 Saco 4s April 1939 A&O b South Portland Sewer Dist— 4s 1937-1950 M&N 6 Waterville 4Ms 1940-50 6 Westbrook 4Mb 1937-48 6 2.75 1938-1941 *"* to 3.00 % ' 4s Funding 1938 100 __ |to 2.00 5s Jan 1938 —J&J 6 2.00 Old Town Water District— 3.45 Sewer 4s Waltham 3Ms 4Mb 1937-1945 M&N 61.00 Kennebec Water District— 4s New^SSd- <taMI,-A&° 1 2.00 % to 2.00 % to 0.50 % 61.20 to 2.20 % to 1950—M&N b 3.50 Kittery Water District— 3.45 3.45 on to 1.90 to Holyoke— 106 103 to 1 3.45 t Less 1 to 3.05 3.55 2.50 to 3.30 % 4s Ref May 1, a- to 3.05 6 0.70 Lynn— Auburn— Short Term Bonds— State Highway— 5b series F Mar 15 1938 106M to . 3.80 6 4.00 to 3.15 6 0.70 2.50 to 4.00 % 6 0.75 6 0.75 6 1.25 6 2.00 2s Lmprove'mt 1937-56 —A&O 6 0.75 LOUISIANA State Pension 5s Dec 31 1938 105 '4s State Pier 1938-1942—M&S 3 Mb 1937 M&S 3 Ms 1938-1939 M&S 3 Ms 1940-1951 M&S 3.85 8b Sew & Park 1941. Owens boro—5s Sewer—J&D 6 4.20 Paducah— 4Mb w w 1937-1970—A&O 6 4.70 Co' 4Mb '38-'59-J&J F&A a 6 3.25 .70 3.15 to M&S 1938-1941 4s 1938-55 (tax-ex) Franklin (Town)— 4Ms 1938-44 108 Highw & Bdge *37-'39 M&N 6 0.75 4s Highw & Bdge '40-44 M&N 6 1.50 103 6 3.25 J&J 6 2.10 J&J 6 1.80 _'45 2.55 0.75 1537-1947 tax-ex-.A&o; 6 0,75 4 Ms <(..v 102 6 2.75 6 3.00 2~90 0.75 ^Tr"^1941-1958----j&j 106M 102 101 " to J&J Chelsea 4s 1958 106M 105 4s Oct 15 1937-1955---.-- 6 0.75 4s Wat Wks Sept 1 1937-40 6 0 75 Bath 4s Ref 1941 tax-ex.J&D 6 2.75 Belfast 4Mb Ref '37-'50 M&N 6 4.00 Brewer High Sch Dist— 3.15 .25 3.35 M&S 6 0.65 J&D J&D 4s Oct! 1946-1949 A&O 6 2.45 3Ms May 1 *45 (reg).M&N 3s Bridge 1941 F&A Augusta— 6 3.25 U Cambridge— 103 M 90 1~95 to 2.90 105 4s 105 104 103 M 103 M 6 3.60 to Brockton— 102 M 102 M 6 3 60 2.95 3.25 0.50" to 3.00 105 105 5s J'way & Bdge '38-'54-A&0 6 0 75 4s Sept 1, 1937-1953 M&S 6 0.75 103 6 3.60 % to 2.85 102 103 6 3.60 % co 2.10 ser A 1938-58-M&S 6 0.95 101 102 M 102 102 M 6 3.95 1~45 Needham— to 2.40 6 3.90 1.55 to [3.30 ser B 1938-62___J&Jn/u.»u Braintree—4s 1937-1941-J&J 6 0.50 MAINE to 2.00 6 2.60 1.95 1.40 0.95 2Mb 4Mb W W & Sew '37-'54J&J 6 2.00 to 3.70 4Mb May 2,1938-67-M&N2 6 2.00 to 3.60 to 2.00 1.00 , 1.75 |3.15 ,2 v. 104 4s 1.00 0.50 0.85 104 104 Tensas Basin Levee District— 5s Jan 1957 J&J 2.50 to 2.50 4Mb Ref 1965 J&D 6 3.20 3.20 4Mb Jan 1 1970 -F&J 3.25 4Mb Sewer 1969 J&A 0.90 4s Ref July 1 1937—J&J 100 105 , 1.00 to 2.60 4Mb Hospital 1951.—M&S 105. 97 j 5s Dec 1, 1937-1969—J&D 6 5s Wat Wks Riv '38-'40M&S 6 2.65 1.75 2.25 0.75 2 Ms Dec 15 1937-1960 97 5a 1965 Series D Shrevenort— % 2.25 <>2.85 4 Ms R&B Oct r,37-,56 A&O \b 4.40 Hickman County— 95 Road & Bdge 5s July l'37-*56 Lexington—4s 1945 F&A 6 2.90 5s 8 D 1938 J&D 6 2.25 Callable at 95 106 to 3.00 2.76 2.75 1952 opt '42-.F&A 6 3.60 4Mb School Jan 1 1938459._ 6 3.60 County— 90 5Ms Fdg Feb 1 '39-'49_F&A Henderson County— * 3.80 opt 1943-M&S to 2.80 Crittenden Warren 3.00 5s July 1968 J&J Red River A & B B District-— 5s 1950 Series B A&O 5s Mar 1953 to 2.75 .60 , 0.75 [to 1.55 0 50 co 1.65 . 2M April 1 1938-1957 2Ms Sept 1 1937-1956.M&S 2Mb 1937-1955 J&D etropolitan District^- District— 1937-1939 J&J July 1940-1949 J&J July 1950-1959 J&J ♦4Mb 1938-1961 A&O ♦4Mb Sept 1,1937-'68_M&S 2.60 Ashland— 4s Jan 1 1970 3 Mb Ref 1943 106 M 102M Orleans Parish Sch Board— 5s 1937-1944 J&D 6f3.60 to 3.60 5s 1945-1967 J&D 6f4.00 to 4.00 1.20 Plaquemine Parish E Bank— 00 5s Oct 1952 A&O 103 104 2.20 Pentchartrain District— 6s 1944 M&N 108 110 ,1.60 6 2.60 KENTUCKY Bridge Revenue Refunding— Project No 1 July 1 *50 J&J Project No 2 July 1 '50 J&J Project No 3 July 1 *50 J&J Project No 9 July 1955 J&J Project No 8 July 11945— Project No 10 July 1 *50 J&J Project No. 11, 1952 4s 96 2.35 1.25 % 5 2.60 5 1 50 2.60 A&O J&J 3 Ms 1937-1951 3 Ms June 1 1943 % , 3.00 5s July 2.35 2.55 % to 4s Tun & Sub'59 tax-ex.J&J 5s Leavenworth— 1947 to 4.00 101 6 2.00 4s July 1 1940-1952 to 2.50 % 5 1.40 W Co Sewer 1965 48 Sub 1957 tax-ex 4s Sub 1958 tax-ex % 3.80 % 3.90 % 5s 4Ms Imp July 18 *49 „J&J Board of Education— 1.00 4 Ms 1938-1953 F&A 0.75 4Ms 1937-1953 J&J Sch Dlst 4 Ms 1938-'54J&J 6 1.00 Sewer 93 J&J Orleans District— , to 3.80 6 2.00 3M.8 July 1 1953-1968 b 1.00 [to 2:70 1. b 2.00 b 2.10 |to 2.40 % 1942 F&A 4Ms Wat & Light 1944. J&J 4Ms Wat Plant Pur '39. J&J Lou Levee 103 J&J J&J 6 3.40 J&J 6 3.90 J&J 6 4.00 opt '28 J&J 4Mb serial 1937-1940.4Ms serial 1940-1980— to 2.40 6 1.00 4 Ms 1939 4s 103 103 101 101 102 -A&0 4s Floating debt 1948-A&O to — 4Ma Septl 1981 M&S 4 Ms Tun 1960 tax-ex_-A&O 4Mb Dec 1976 J&D 4s 1937-1939 (tax-ex-)-J&J 6 4s Tunnel & Sub 1948.J&D 4Mb 1937-1977 to 2.60 to Boston— 101 Ml 104M 1942—J&D| 4MB 1938-39 4Mb 1940-49 4Mb 1950-59 4Mb 1960-67 b 1.90 Hess 6 0 75 5 2.50 4.00 % to _ 5s Pub Belt 1950-59—J&D Kansas City 5s 4s A&O _ ~ ^ b 2.40 4 Ms Soldiers Compen '37-'52 4s Soldiers Comp 1953.-J&J 4s Soldiers Comp 1954--J&J Crawford Co 4Ms 1939 Hutchinson— 'S3 104 104 Lake Borgne Dist Levee— 5s Dec 1952 opt 1942—J&D 1952 KANSAS tt.'V 106 M to 1.50 b 1.00 1.00 151940-F&A15 4Ms Sewer 1938-47--M&N 2Mb 1938-1956 J&J Sioux City S D 5s 1941--J&J Woodb'y Co Fund 2Ms'42-'46 Arlington 4s'37-'42(tax ex) J&J Beverley— 4s 1938-1945 (tax ex)-M&N 106M 105 104 to 2.50 City 6s '37-'45 -F&A15 » 6s Ref Aug 107 104 A&O 15 A&O 15 F&A 15 less b 1.00 4 Ms Water 1943-'44. A&O Sac Co 2 Ms May 11938-47— 107M 105 105 5s 1956-1970 less 1938-39-M&N 51.00 Marshalltown— 4Ms Water 1937-42—A&O 105MI 103 Lafourche Basin Levee— 5s Jan 1954 opt 1944—J&J 1.70 1.90 3.75 2.20 1.90 „ , % % to 3.75 4"o5 Is Pub Wks Feb 151938-41 105 less 2MS-1948 b 2.50 Lyon Co 2 Ms May 1 1938-47- b 2.40 6s City Hall to 3.75 104 106M 103 5s 1972 (less Lee Co Prim Road Marshalltown Ind S D— h0 4.00 less 1945—M&S 6 2.60 b 2.50 b 2.50 b 1.50 6 2.00 4Mb 1939-1968 M&N Washington Sub San Dlst— 3 Ms Wat & Sewer '87-M&N 4 Ms Sewer g 1973 J&J 106 M 106 M J&J J&J '52-A&0 5s 1959-1969 1937-'57—J&J b 1.00 4Ms 1944-.-----.--4s Sept 1 1945 M&S Fort Dodge 5s Fund *39-A&O _ 2.90 5sl969 104 5s Oct 15,1963 5s 1957-1967 5s 1952 opt 1942 5s Oct 15, 1962 op less 1 M&N b 1.70 1940-1941 4Mb , „ 2.85 1 — 102 Fifth District Levee— 5s 1950 opt 1940 do Rapids 4 Ms'49-'53M&N 6 2.90 2Ms 1942._M&N 6 2.00 Davenport Indep Sch Dlst— 4 Ms 1939-1940 M&N b 150 4MB W W 1937-42—J&D 6 6s Gen Obllg 1937-40—J&J *> Des Moines Ind S D— 3 Ms Sewage Impt '80-A&O 63.i0 Cumber'd 4Mb W W *41-A&O Hagerstown— & Water 1938-1987—A&O 6 1.25 4Mb 1937-1987 A&O 61.00 ; Ask , MASSACHUSETTS 4s 1937-52 (tax-exempt) Var b 0.50 4s Water registd 1937-58-J&J 6 0.50 3 Ms 1956 ref (tax-exem)-J&J 3 Ms 1937 reg (tax-exem)-J&J 3 Ms Water 1942 J&J 3 Ms gold July 1944 M&S 3s gold July 1 1939 J&J 3s gold Water Jan 1 1941-J&J 0 50 1Mb Pub Wks Septl 5 '37-*40 J&J opt 1941 to Cedar „ Caddo District Levee— 5s 1951 2.25 Clinton Co t Baltimore—(Cont.) 3 Ms Refunding 1952—-J&J Montgomery Co— To Net or Bid Bonds 3tate Highway— %00 2.75 IOWA Des Moines 5s Net , 1937-1942..------J&D 6 0 75 4Kb ;,;V To Ask Bid 4Mb series D & E 1944-55— 6 3.75 to 3.65 to 3.70 5s series F Mar 15,1945-48,6 3.75 5s series K July 1,1947-49- 6 3.75 to 3.70 to 3.60 % 99 98 3M8 series R 1941-60—J&J 3 Mb series Q 1941-60--J&J 102 to 2.75 101 25 State Pension 5s June 1,1948- 6t3.85 3.85 2.10 Oapital Bldg 4Ms Aug 15, *52 6 3.80 to 3.70 to 3.00 Atchafalaya Levee Dist— 75 107 5s Sept 1937-1972 M&S 105 105 M 5s Dist ref & Imp 1949-M&S 104M 2.50 5s 1938-1969 107 F&A 105 12.25 {Baton Rouge—5s '38-54 M&S [6 3 70 I to 3.60 Bossier Dist Levee 5s '54-A&0 106 to 2.00 103 1939-1948-F&AI6 2.25 Impt Bonds Long Term Bonds— , City 4Kb Oct 1943. I°6«^rickBlev,38-,47.J&J 6 2.00 Dep J'ne 1 '41-J&J 4Mb ri'.'.-v:. Net Ask HW& &W..JW30 » 2.75 » Yield Basis Yield Basis Yield Basis Bid Bonds BONDS MUNICIPAL possible for the closing day of the month preceding the date of Issue r 1 v. & ' !. JUNE, 1937] AND STATE S'-ifiT.ii or Bid Ask preceding the date of Issue Yield Basis Yield Basis Bonds 95 MUNICIPAL BONDS possible for the closing day of the month Quotations for all securities are as near as Yield Basis or To Net Bid Bonds To Ask Bonds Si C Bid Net Flint 4Kb 1937-54... M&S 15 b 2.30 to 4.00 t 5s (Mar 1 & Apr n '37-'50~ b 2.30 to 4.05 Fllnt Union School Dlst— 5s 1938-1954„M&S b 2.25 to 3.90 b 2.25 to 3.85 4Kb Mar 11938-1939 Grand Rapids— 3Ks Sept 1 1937-1940 M&S b 1.50 to 2.00 „ 3s Sept 11941-1945—M&S 5 2.10 to 2.75 Grand Rapids School Dlst— 4Kb 1937-1943— M&S b 1.50 to 2.50 % 4Kb 1939-—5s Water 1939 — b 3.50 Jackson4Kb1938-47—A&016 5 2.00 4Kb July 15 1955 Jackson Union S D— 4KB 1937-1945 —M&N 5 2.00 LanslnK— ' . -AKs 1937-1946-——J&D Muskegon 4Ks 1938-44-.J&J Muskegon S D 5s 1942—July Pontiac—» , ? Refund 4-4 ks 1946 opt 1937 4Xs School June 1 1955.!.. Port Huron 4Kb 1942—.—— 5 1.00 6 2.25 6 3.00 1937-54--A&O 1937-1971— M&S -J&J 3 Kb 1938-1974F&A 3Xb 1938-1955 -A&O 4Kb Airport 48 Airport to 3.50 % % to 3.25 % to 2.40 97 St Joseph 4Kb 1 to 6 1.50 St J&J _ i938-'45-M&S 2.50 % t 1.85sRuralCreditctfsl941 2s Rural Credit ct£s 1942 Duluth— 4Kb 1937-1947 4KB 1938-1942 4s 1937-1946 J&J 6 P.00 M&N 61.00 J&J 61.00 Duluth Ind School Dlst—\5Xs 1938-1940 A&O 6 1.00 Hennepin County— 6s Bridge 193840 M&N 5X9 Bridge 1937-40-M&N 6 1.00 6 1.00 to 3.00 to 2.30 1 to 2 60 M&N M&N M&N 6 0.75 to 2.60 6 2.00 2.60 1.90 % to 2.50 to 2.75 2.60 4Kb Sanitorium '37-42 J&J 6 1.00 to 2 50 4Kb Hospital '37-'41.M&N 6 1.00 to 2.40 — 2 4Ksrt 1937-1970 5s Dec 31 1937 —- to 2.75 % 2 75 to 2.75 to % 3.10 % 6 1.00 —— 6 1.00 6 2 30 to 2.40 % to 2.70 % 61.00 0.70 % to 2.10 to 1.75 4s to 2.75 1.90s Oct 1 1937-46—A&O 6 1.00 to 6 1.50 to 3.90 to to 6 1.00 to 4ms Rd & Bdge '37-*43 J&D to St Paul—» 6s school July 11951...J&J 4Kb W W 193842 ..A&O b 1.00 5s School July 1 1951—J&J 5s Gen'J impt 1938 -62..J&J 67.25* 4Kb Sewer July 1 '43—J&J 4Kb 1938-1959—,.*—J&J 67.50 4s 1938-1939—.......A&O 6 1.00 4sl940-1061—A&O 6 2.00 Beatrice S D 5s 1938-54—F&A 6 1.70 to 3.50 Douglas County— 2.25 5s Highway 1937-46—A&O 6 1.00 to 3.00 2.20 Holdrege S D 5s 1937-55-J&D 6 2.50 to 3,85 Lincoln School District— 3.00 4Kb 1938-1953 .M&N 6 1.25 to 3.60 2.60 McCook Fund 5s '37-43.F&A 6 1.80 to 3 35 2.70 North Platte Sch Dist— 4Kb 1937-1959 J&J 6 2.00 to 3.75 % 3.40 Omaha— 2.60 4Kb Wat wks Dec 15 '41 J&J 6 2 00 1.75 to 603*55 to 3^40 to 2.00 to 3.50 2%0 % i 6 330 Impt 1938-1946—M&S 6 3.90 6 3.90 May 1 1939-50 >8 Impt 1953.— J&J 6 3.90 [s Flood 1938-53 A&O 6 3.90 i, 3Kb & 3Ks highw notes Ser I due 1938 to 1956— 6 1.00 Ser II due 1956 to 1960— 6 6.90 Biloxi 5 Kg 1938-1943-A&O 70 Greenville 5s fund '43-*50 F&A 6 4.90 „ 5s July 11953 YlckBburg-f_ 3.60% 3.60% to 5.75 to . Jackson— 5Ks 1938-1954 ..A&O 4Kb Jan 1 1938-1952 4Xb 1937-1952. M&N Jones Co 5s 1938-1942 —M&N Meridian 5s Dec 1 1939—J&D 4Kb School House 1941 J&J Mississippi Levee District— 5s May 2 1944 M&N „ 3.60% 3.60% —J&J 5s Pub Imp 193748—F&A 7.75 77 4.75% 5s 1948 -J&D 6 3.40 Omaha SD 4Kb May 1'55M&N 6 3.30 York School District— 4Kb 1937-1955———J&J 6 1.50 6 5.25 4.25% 4.25% 4.25% 4.75% 4.80% 4.80% 6 4.00 6 4.25 3.90% 4.00% 6 5.00 6 5.25 6 4.40 4.00% Yazoo-Miss Delta Levee Dist5s 1937-1954 ...M&N 64.10 3.75* 4Kb July 1949 ..J&J 6 4.10 3.75 4s 1952 optional 1922..J&J 6 4.25 4.10 M&N to 3.50 4Mb Road 4Kb 1937 1948-1950—M&S A&O 4Kb 1938 & 1939.... A&O 6 1 00 4KB 1943-1946 M&S 6 1.80 4s 1943-1947 M&S 6 1.85 4s Road 1944-1948—A&O 6 1.90 4s Nov 1 1948-1952 M&N 3Ks 1948-1952 to 1.25 to 2.10 to 2.15 4s July 1937-1948- .—...J&J 6 0.50 4s June 1937-1938— J&D 6 0.50 to 2.35 to .90 Concord— 4Kb 1942 4Kb '38. Keene 4Kb J&D 6 2.40 *40J*42. '44.M&N 1937-1942 M&N Manchester— 4s 1937-1940 1.10 6 0.65 to2.15 to 2.30 to 2> 15 M&S 6 1.50 to 2.20 M&S 6 2.45 to 2.65 is s is i 1949—— J&D Road 1937-1952— 6 0.75* to 3*20 Court house 1937-52-. 6 0.75 to 3.20 (School District)— 6 2.40 to 2.90 1943-1948 ....... /Flat price, n Nominal. 20 % 114 to 3 112 6 1.25 6 1.75 to 3.60 I 6 1.75 to 3.30 % 6 1.50 td 3.50 to 3.75 6 1.65 to 3.80 61.75 to 61.25 to 2.50 6 1.25 to 4.25 3.25 1 % — to 3.75 I90 % 98 to 3.50 % 88 83 to 3.00 % 3.40 F&A 3.30 62.25 to 6 2.25 6 1.50 to 4.25 63.75" to 6 1.50 to 3.75 to 3.50 I. 4.60 6 3.70 3.40 6 1.25 to 3.00 % 3.90 6*1.75 to3~70 % 6 4.20 6 2.25 to 4.75 % 6 2.25 to — 6 4.00 6 2.25 4.50 4.40 -—-4.00 to 3.80 to 4.25 i 3.80 64.00 6 2.25 to 3.90 6 2.00 to3 .80 % 6 2.00 to 3.75 % 87 93 1.50 Maplewood (Township)*—1 4s 1937-1967 Mercer County-— 1.75 —* -J&D15 6 1.50 to 3 30 % 3KsApril 1941 5Ks July 11937 1.30 1.50 Middlesex (Borough)— 1.50 1.75 1.75 90 2.00 225 2.50 1.75 'On 2.25 A&O J&J 1.50 3Ks 1938 to 1967—-J&J 6 3.00 to 4.00 % Middlesex County— _ 4Kb Road 1938-1944—F&A Imp 3s Nov 15 1938-1948— Monmouth County— 4Kb Mar 15 '38-*50—M&S 4Kb Rd & bdg '37-51F&A15 Monte lair 4Kb Sch 1941.A&0 4Kb High sch bldg'44. J&D Morris County— "4s 1942 opt 1922 J&J is 1939-1949J&D15 Morristown— K 4Kb 1937-1942 J&D 6 1.50 to 3.40 6 1.50 to 3.35 6 2.50 to 4.00 6 2.00 to 4.00 § 2.25 2.75 1.50 6 1.75 to3.00 % 6 2.00 to 3.00 _4b 1938-1969-.—--.M&N 6 2 00 to 3 75 Neptune 4Kb 1940-55—-f&A % 98 93 Newark Is ser O of'30 Nov *37-'69 6 0.40 6 0.50 - 5Ks Oct 15 '37 to'59 A&OIS 5s 1937-1958— J&J 4Ks 1937-1983 F&A 4Kb School Dec 1 '45—J&D 4b Sch house 1959 opt 1949 1938 to 1.75 to 2 00 to 1.75 to 200 to 2.00 to 2.10 to 2.10 4s Pas Valsew'61 4s 1937-1970 3 Kb Track elev *./ • - "• >,) -.'-v.? —M&S & 2.00 to 4.50 % 6 2.00 te 4.25 % 6s 1938-1972 to 3.00 Emergency Relief— 6 0.80 3 Kb Jan 1938-1941 58 May 1938 to 1941—— 6 1.00 4Kb Nov 1937 to 1941— 6 0.60 6 1 00 3Ks Mar 1938 to 1942 6 1.00 May 1938 to 1942„2K Jan to 1943—— 6 0.80 Ed Aid 4Kb ser A Jan 193&42 6 0.80 *»,^,• to 3.10 Institutional Construction— 3K8 ser A July 1937-1966— 6 0.40 to 3.00 4Kb series B July 1937-67— 6 0.40 to 3.10 48 series O April 1938-69— 6 1.00 to 3.10 ,2 Kb series D May 1938-70- 6 1.00 to 3.00 3gs Basis. 6 1 85 1.50 Is O of *20 Jan '53 opt '38 is D of *20 Jan '54 opt *39 .. "6 100 1 Highway Extension— 4 Ks B of '20 July '52 opt '37 r to 3.10 4.10 % 81 1.00 130 4Kb Series A July 1938. 4Kb Series B July 1939— 4Kb series C Jan 1940 4Ks Series D July 1940— 4Ks series E Jan 1941 Road Bonds— r 4 Ks series O July 1939—— 4Kb series D Jan 1940—— 4 Kb series E July 1940— 4Kb series F Jan 1941— 4Kb series G July 1941— 4s series H July 1942 4s series I July 1943 4Ks series A of *27 July 1944 4s ser B of *27 July 1950— Soldiers Bonus 5s July 1941— - to 3.10 77 4Kb Sch impt '37-'52.J&D b 1.7o to 3.85 5Hs 1937-1970— J&D 6 1.75 to 4 25 Lodi—5s 1938-1947— -J&J 90 97 4.75 Long Branch 5s 1943 M&N Lyndhurst 3-5s 1937-57—J&J 78 83 Bridge bonds— fa TP. nf 'Oft T..1. »KA to3.15 to 3.75 K^3.rn6Y"*-" .... r. 4Ks Water 1937-'70-J&D15 6 1.75 to 4.00 NEW JERSEY 6 1.00 to 1.75 4Ks Road 1938-1942 3s Road 1953-1957 J&D 3s Bulldingl939-1941——J&J 67.25 toll76 Buchanan County— Ret 3s 1943-1956— J&J 6 2.25 to 3.10 4s 1937-1951..........J&J 6 0.75 4KB 1938-1950 J&J 6 1.00 Is 1937-1950 J&J15 6 0.75 % to 4.25 6 5s 1937-1969-A&O 4Ks School 1937-58 J&D 4Kb School 1945——J&J 4Kb Water 1961 -A&O 4Kb 1937-1967 J&D 4s Refunding 1949 F&A 4s July 1 1937-1953 Gen ref 3Kb '38-'54..F&A 3Ks. 1937-1956— Keansburg 5Ks 1938-59-M&N Highway 1937-1943—M&S 6 0.50 to 1.90 4Kb Highway 1937-1943.J&D 6 0.50 to 2.50 to 2.50 Jackson County— to 3.25 to 4.10 95 Jersey City— 5Ks 1942-1953.......A&0 4s - MISSOURI to 3.50 % to 4.0T 6 2.00 Imp 1938-1942—J&J 1938-1954 -F&A 3s 1937-1966— M&S Hoboken—4Kb 1940... J&J 5s School 1938-1954—J&J Hudson County— 4Ks 1938-1978——M&N15 4s g Park 1954 & '59-M&N Hunterdon County— 4Kb Road & bldg *38-'46 J&J Irvington 5s School 1963.J&D 4Kb 1937-1959— J&D 3.20 3.10 4s 1941-1945 6 4.65 6 4.65 6 4.66 i 1.50 6s NEW HAMPSHIRE is to 2.25 4Kb MISSISSIPI >s 2.75 % to 3.60 Hospital 1946—.—F&A Hackensack— 4Ks 1942 3.00 4Kb May 1 1956 # to to 3.60 97 _4Ms Bldg&Rd*37-'45 J&D20 6 1.50 I 3?20 4.35 98 4Kb 1937-1966J&D 5Ks Water 1938-1963.M&S Gloucester Co— ' _ Ramsey County— 4Kb 1937-1950F&A 6 1.00 4Xa Rd & Bdge '38-'44M&N 6 1.00 % 1 to 101 Fells (Boro)— 6 1.50 July 281937-1960 94 Falrview—5s, 1944 J&J Glen Ridge— i 4Xb Mun Bldg 1937-70 F&A 6 1.25 Gloucester City— NEBRASKA to 2.25 1 Essex to 2.50 6 2.00 6 1.00 „ 4Kb School 1938-1951.M&S Cape May Co— 5s 1938-1940 —M&S Delaware River Joint Com. Phila-Camden Bridge— 4Kb 1938-1945 4Ks 1946-1973 East Orange— 4KB 1937-1969——J&D 5s Sewer 1938-1960—J&J 3 School 1938-1974 A&O Elizabeth—* 4Kb 1938-1957— A&O 5Ks Dec 1 1937-1946-J&D 6s 1938-1972 J&J Englewood— 5s 1938-1944 A&O Essex County— 4Ks 1938-1960 M&S 15 5s 6 1.00 to 4.25 to 4.25 to 4.35 Cape May— Great Falls— 5Kb Sewer '38 to *39--J&J 6 1.75 to 2.25 4Kb Wat & Sew '3S-'50.J&J 61.75 to 3.30 to 2.25 J&J 4s 1944 1968 to 2.85 % 1942-J&D A&O 3Ks 1937-1941—....M&N 2.60s 1939-1966 A&O 2X9 1938-1947 M&S 2.20s 1942-1959 J&O 2a 1938-1946 A&O „ 6 1.25 — 6 1.00 4s 1944 bldg 4Kb Dec 31 1939-40—— 6 1.50 61.00 4Kb Dec 31 1937-39 95 Daniels Co 5Ks 1937-42..J&J 6s 1941 opt 1940 95 J&J 1946, *47. *48,'49,'50 J&D 6 1.00 to 3.20 5sStlmpMay2'38-'41 M&N2 6 1.00 to 2.60 6 1.50 to 2.00 6 2.50 to 3.20 improvement Public bldg M&N M&N 6 2.60 & impt -A&O 6 2.75 F&A 6 1.80 A&O & impt M&N 62.60 1 to to Highway debentures— Minneapolis— 5s 1937,1940,1943,1945, 4s Public 6 0.75 6 2.00 'MONTANA to to 4.50 „ 5Ks 1937-1961 F&A 4Kb Water *38 to '60-M&N 4Kb 1942-1969 J&J 4s 1945-1970 Camden Co— Springfield 4Kb '37-'49—M&N University City-* 4Kb 1937-1943 -M&N 4Ks 1942-1949——J&J15 to 2.60 „ Gamden-r- 38 School 1940-54 3s Refunding 1952 to 2.75 % 100 Bavonne—5s 1938-1949-J&J b 3 00 4Ks 1937-1955 -F&A b 2.50 to 3.50 4ks School 1937-66—F&A b 2.50 Belleville 5s 1937 & '44-M&N 6 2.25 to 2.75 Belleville S D 5s *37-'44 M&N 6 2.25 to 2.75 Bergen Co— to 2.75 1.50 5Ks Dec 1 1937-1942-J&D 2.60 1.50 5Ks Dec 15 1937-60.J&D15 5s Dec 15 1937-1955. J&D15 2.25 1.60 to 2.70 % 1.50 4Kb 1938-1939— A&O 4s Court Hse 1938—A&O to 2.70 % Bloomfield— 98 X 4Kb 1937 to 1969—.J&D 15 61.00 to 2.60 % Bogota*--' ■;>'■ 3.00 4Kb 1937-1946—J&D 62.50 1.90 Bound Brook 4Ks '37-'42 J&D 6 2.25 Bridgeton (City)— to 2.40 % 4Kb 1937-1958 J&D 6 2.50 to 2.75 3Ks 2Kb I to 3.10 to 3.50 to 1.25 2.50 2.10 2.00 2 Xtrunk h'way '47-51. .M&N 99 100 6 1.00 6 1.75 2.20 1.75 J&D ( 94 6s July 11937-1944—----5 D 4Kb 1938-55 M&S 3.60 3.50 % —F&A -F&A 4s 1941-1945 —J&J 4 Ms Dec 11939— to 80 4 Ks, Bridge 1938-57—A&O Audubon (Boro)— z° 6 0 75 4s 1946-1951- Ska July 151943 to 67 75 , 3*00 % 66 1937-1943—-3&J 4Kb 1938-1939 4Kb 1940-1953 4Kb 1937-1948 4Kb 1941-1948- 3.00 M&N / 75 M&N / 75 - 6 1.00 Joseph S D 4s 1940---—- 4s 1938-1940— MINNESOTA 6 2.95 6 3.00 St Louis 4Kb Public bldg & to 2.50 % 4Mb Airport April 1 1948— to 3.60 Refunding 4K» May 11951 5 1.50 — to 3.00 3Xb 1941-1951J&J 6 2 20 2Ks 1945-1955. -——- - J& J 6 2.50 99 to 3.00 6 1.00 6 1.00 6 1.00 6 1.00 6 1.50 3Ks toll bridge series A.-July 15 56 less X less 1 to 3.00 to _ 5s 1941 less 1 6 4.00 , to 3.75 % 2Kb 1956-1975 A&O Kansas City S D— l i 4s 1941-1951 J&J 62 00 4Kb 1940-1950 —J&J 6 1.90 4Kb 1938-1950 -J&J 6 1.00 4Kb 1946-----———J&J impt Voted bonds -M&S 3s 1954-1975 > Covert roads ... % 3.75 1950- 65- 3XB 1937-1974 St Charles County 5 3.00 Sagtoaw—4Mb 1937-49-F&A 6 1.00 4Kb Sewer 1937-51—J&D 5 1.00 Wayne County— to 3.50 1.75 4KB, 1938-1970 1.90 Atlantic City— 2K-4Ks Jan 1973 1.90 Water 3-4 Ks Jan 1973 Atlantic County— 6 1.00 6*1.00 less 1 2.35 3.25 J&J —J&J 4!$ VMlo«"May"9v38J-72 Highland Park— 4Kb April 15 1957 5Ks May 1 1941— 4Ks School Nov 1 1954 Asbury Park 1.75 4Kb 1937-1953:; Kansas City— opt51J&D 6 2.00 te 4.10 ft 1.75 te 4.10 3.40 3.45 —-J&D ft 1.75 to 4.00 1954—F&A I 3.40 ft 3 60 6 3 65 —...—— I Jjso 2Kb Jan 15 1938-76—-J&J ft 1.75 to 3.60 % STATE AND MUNICIPAL BONDS 96 Quotations for all securities are as near as possible for the closing day of the month preceding the date m Ask Bid New Brunswick-— 4Mb 1937-1957 F&A 4MsSch&wat '37-69.J&D Net Bid Bonds 4s Apr 15 1940-1955 A&O b 1.50 3 Ms Mar 15 '38-'39—M&S 15 b 0.75 3Ms Mar 15 *40-'81—M&S 15 b 1.40 to 2.45 to 2.80 3s July 1 1940-64 3.90 3Ms Mar 15 '38-'39—M&S 15 b 0.75 to 1.20 3s 3 Ms Mar 15 '40-'81—M&S 15 b 1.40 to 2.80 3.40s July 1 1941-45—J&J 6 2.30 86 3s g Canal Jan 1 1956...J&J 3s g Canal July 1 1958 J&J 3s g Canal Jan 1 1959..-J&J 2Mb 1946-1956 — 2Mb 1938-57-———F&A Newburgh— 4s Wat Impt 1942-63--J&J 4Mb Wat Impt 1937-41.J&J New Rochelle— £ ?.£5 6 1.00 to 2.70 6 2.60 6 1.25 to 3.00 6 1.50 6 1.50 to 6 3.00 6 1.50 to 3.75 1937-1964.A&0 3.85 to 82 6 2.00 6 3.25 M&S 4.10 to 2.75 Somerset 6 3.25 to 390 6 2.50 to 3.50 6 2.50 to 4.50 6 2.50 to A 6 1.75 to to 3.30 6 1.50 to 3.75 6 2.00 6 3.90 to 4.30 6 2.00 to 4.20 A Buffalo— 5 Mb 1944 99 99 99 to95 to95 5s 1938-1950 4 Ms 1937-1938 to97 100 3.20 61.25 to 3~40 % to to 3.70 4.25 to 2.50 to 3.50 98 to to 95 A&O 3.20 3.25 4s % to 4.00 I to 3.30 1938-1946 4s 1947-1954 East Chester— 4Mb 1938-1958 to 6 2.50 0.75 to 2.50 6 0.75 to 2.05 var. 6 6 3.40 6 1.00 6 1.50 6 1.25 J&D 15 M&N J&J A&O J&D J&J M&N 6 1.00 6 1.00 to 3.30 to 3.40 to 3.30 4s Various 6 1.00 to 2.90 4s 6 1.00 to 2.60 6 1.00 to 3.50 4s May 1959. 4s serial 1937-1963 3 Ms Corp stock July 61.20 to 2.75 61.00 to 2.75 6 1.00 to 2.75 6 1.00 6 1.00 to 2.50 6 to 2.00 to 2.75 % 4.20s 1937-1945 M&N 61.00 4.20s sewer 1946-60—M&N 6 2.85 4Mb 1938-1951 M&N 6 1.25 4.40s 1938-1950 M&N 6 1.25 Garden City 4 Ms 1937-52.J&J 6 1.25 to 3.30 t 2.50 to 4.50 2.50 to 88 4.65 % 93 6 2.50 to 4.25 61.25 to 3.60 61.50 to 3.40 to 4.60 to 61.25 99 99 3 Ms H'w'y deb 46-'47 M&N 6 3.30 3 Ms H'w'y deb '48-*49—M&N 2Mb H way deb 1944-45.M&S 6 3.20 2.75 | 2.75 100 100 to 3.35 f°25 8.66" % Albuquerque— 5s Water Works 1962—J&D J&J 6 4.25 J&J 6 4.25 Middle Rio Grande Conser Dist 5 Mb 1937-73 F&A Socorro Co 5s 1941 op '21.A&0 3.60 % % 3.60 75 98 70 95 6 2.75 6 2.75 6 2.70 6 2.70 6 2.20 to 2.20 to 2.85 2.65 2.65 2.60 2.60 2.10 6 0.75 1.00 Huntington (T) 4s '38-'52_J&J 1.50 Islip 4s 1938-1951 M&S Ithaca—4Mb Water 1942 J&J 4Mb 1940-1954 J&J 6 2.40 Jamestown— 4s Mar 20 1943 Par / Flat price. to 2.00 & % % 3.75 ft. 3.85 % 101 6 2.50 6 2.50 3.00 to 3.00 to to 3.00 to 2.70 to 1.45 to 2.60 6 1.25 to 3.00 M&S 6 1.75 to 2.60 2 M« 1937 to 1956 3s 1937 ts 1946 2.55 2.55 to 2.45 Nassau County— 5s 1938-19434 Ms on 117M 118 119M 6 0.75 6 0.75 114 M 1938 1944 bid side, M&S to 2.75 1 i 119 119M to 3.25 y# to 3.25 % 114M 113M 114 109 110M 110M 111M 109 11CM 111 111 109 6 1.75 6 2.10 112 112 3.40 % .. to H°o„ 3.20 1.80 to to oc 2.00 .15 3.15 to to 3 to J&D 61.25 ... ... 106 to 3. 15 % 106 106 102 to 2.1 98 to 2. % 3.00 to 3.30 to 2.70 to 3.00 to 2.70 to3.30 to 2.50 to 2.40 % to to 6 3.10 b ?•&> b 1.00 6 1.00 Ref 1.90s 1938-57 F&A 3.70s 1938-1951 A&O Ontario Co 4s '38-'51..M&N 6 1.00 6 1.20 % to to to to to to to 1.00 to b 1.25 to b 1.25 6 Pelham (T) Un Fr Sch Dist to 3.00 3.50 3.60 2.50 1.50 2.60 2.60 2.90 2.80 2.25 3.50 3.00 1.25 to 3.00 3.50 6 2.80 to to 2.70 to 2.80 3.50 to — Gen & ref 4s May 1, 1975 Gen & ref 3 Ms Dec 1,1965. Gen & ref 3Ms May 1,1976 Gen & ref 3s Dec 151976—. Bayonne Bridge— 4s Ser O 1939 to *53 J&J 3 105 M 103 M 100 M 97 M 106M 104M 105>$ George Washington Bridge110 4 Ms Ser B '40 to '53 -M&N Inland Terminal— 4Mb ser D *38-'4l-M&S 61.00 104 M 101M 98 M 111M ■ 4Mb ser D '42-'60—M&S Holland Tunnel— 111 to 2.10 112M 4Mb ser E '38*'4l—M&S b 1.50 107 4Mb ser E *42-'60—M&S Tri borough Bridge— Now under Triborough Putnam Co 4Mb '38-'51.A&0 64.25 4s 1938-1954.F&A 61.25 Rensselaer County— 1.20 4Mb Highway 1937-58-F&A to 2.60 F&A 1.25 to 3.20 4Mb Pub Imp '37-'58-F&A 4Ms 1938-1959 M&S 4s Imp Sch &c '38-'47-J&J 2Mb 1938-1957 M&S 1Mb 1937-1940 A&O 6 1.00 to 6 1.00 6 1.20 to 2.60 5s '38-'62 108 M to 3.10 3.15 to 3.20 to 3.00 to 3.00 1.00 6 0.75 to to 2.60 1.70 4Mb 1937-'38 (reg)_F&A 15 61.25 4Mb 1938-1946 M&S 61,50 to 1.50 Rockland Co— to 2.90 Rockville Centre (V)— Rome 5 Ms 1938-1941 to 1.50 1 Rye((V) 5s Mar 10 '38-'38M&S Rye & Har'son Un Fr S D No 6 4.40s 1937-1953 F&A 6 1.50 Saranac Lake 4.45s'38-39 F&A 6 1.50 Saratoga Co 5s 1938-'40-F&A 6 1.00 to 3.60 4Mb 1937-1955 M&S 6 1.00 4s Sept 11945-1954—M&S 6 2.25 to 2.75 4.15sl937-1952 6 1.00 to 2.75 1 to 1.75 .60 % ~ Vo % 3.20 b 1.00 4s School 1937-'59 M&S 6 1.00 1 1'60 Port Jervis 4 Ms '38-'69 J&J Port of N Y Authority— No 1 4.60s 1944-1966- % to 2.40 to 4Mb 1947-72 J&J Oneida 4s Water '40-'45..J&J y0 . . ..J&D 61.25 A&O 6 1.25 ... to 2.75 yo 3.15 % 106M 106M to 3.20 1.50 6 1.25 100 6 1.00 3.45 % 118M ^60 . M&N -A&O M&S M&N J&J 118 to to Rochester to 3.00 4Mb 1938-1943 A&O 6 1.25 5 Ms 1938-1941-———A&O 6 1.50 4 Ms School 1962-73—M&N 4s Sewerage 1950-55.-M&N 5s Jan 2 1938 J&J to 1.20 J Less M 2*75 Mount Vernon—- 4Ms 1937-19394s 1938-1939 3 Mb 1944-1950 6 Basis. to 6 "2.90" to 3.90s Co Bldg ^-'SO—F&A 6 1.25 1Mb Jan 15 1938-42—J&J 6 0.40 6 1.50 to 3.00 6 2.25 3.90s 1940-1964 2.55 2.55 2.55 2.55 2.55 2.55 2.55 6 0.50 6 2.10 F&A 61.00 1937-1960. 1 Kingston—v 2.70s June 1.1937-1944— 6 1.00 to 2.25 % Lackawanna 4 Ms '37-'54M&N 6 2.75 to Par Lockpor tr3.20 4 Ms 1943-1949 4Mb Sch 1938-1944 M&S 6 1.50 to 3.25 4.40s 1943-1949 M&S 6 3.20 |to 3.30 5s 1938-1942 -M&S 6 1.50 to 2.75 85 : 90 Long Beach 5 Ms '38-'60_M&N 90 5Ms 1937-1940— J&D 85 95"" 5Ms 1941-1960 J&D Mamaroneck(T)4 M«'37-64J& J 6 2.00 to 4.00 % Mamaroneck Un F S D No 1— 2.55 2.55 1937-1939 M&S 4s Bldg constr '40-'49 M&S 2.85 100 6 2.65 4s Bldg constr to 4MB 1938-1940——A&015 Jamestown S D 5s '37-'39 J&D Johnstown 4Mb Dec 1937 Mineola (V) 4.40s 1937-68 J&J 6 1.00 Monroe Co 4s 1938-44—.F&A 6 1.00 6 2.65 6 2.65 116 117M 117 - 4Ms Water 1938-1969-A&O to 3.65 2.00 2.55 4s Canal Imp Jan 1967--J&J 6 2.65 4s Highw Imp Mar '67--M&S 6 2.65 4s Palisades Park 1967--M&S 6 2.65 to 3.40 to 3.65 115 Ii$ 115 4Mb Water 1938-39 J&J Onondaga Co, 4 Ms '37-47A&O to 3.50 2.25 4s Canal Imp July 1960—J&J 6 2.65 4.8 Canal Imp Jan 1961 J&J 6 2.65 4s Canal Imp July 1961.-J&J 6-2.65 4s due Sept 1 1965 4s due Jan 1 1966— to 3.50 —A&O 1.70 2.10 2.50 2.50 2.55 4s Highw Imp Mar '61--M&S 4b Palisade Park 1961 M&S 6 2.65 dsCanal Jan 1962 —.J&J 6 2.65 4s Highw Imp Mar *62—M&S 6 2.65 1 '75-_ 1939-54— —M&N % 118M to 1.75 % 116M Poughkeepsie 4 Ms '37-52 J&D J&J 6 1.90 Canal Term Jan 1946—J&J 6 2.20 g High Imp Mar 1958.M&S 6 2.60 g High Imp Sept 1958.M&S 6 2.60 High Imp Mar I960-- M&S 6 2.65 4b 114 Ossining_4Ms 1937-42...M&S b 1.25 121 to 3.30 4Mb Water 1937-45..A&O b 1-20 4Mb Water 1946-64-A&O & 3.10 1.50 to 4.00 % 1.00 to 2.75 % 5Ms May 1 '38-'52—M&N 1937-1939 J&J J&J Marine Parkway Authority— Sk fd 4Mb ser A I960-J&D Middleport 4.35s '37-'42_J&D 4.35s Sewer '37-'39 J&D to 2.40 48 Canal Term 1942 4.75 to 4.00 3.90s to 1.20 A&O 6 1.50 114 114 J&J 6 0.75 4MB 1937-1942 North Tarrytown— i NEW TORE 6 0.75 6 2.25 4Mb Kings Co 4s May 1 1938-'44— 6 3.40 to 3.60 % 112 108 6 0.75 No Hempstead S D No 7— .00 6 1.25 6 1.25 3.< 4Mb Dec 16 1952 opt '22.J&D 4b Fund 1939 opt 1919—M&S to 3.00 1.25 6 2.00 I °.00 to 5.00 to 3.25 to 3.90 Harrison (T)— 4Mb 1938-1980 F&A Haverstraw 4.12s 1937—M&S Hempstead (T)4 Ms'38-59 A&O Hempstead 4 Ms 1937-65 M&S 2.30s 1938-67 J&J Hempstead Un F S D No 1— 6s 1938-1954 M&S Hornell 4Mb 1937-1947-F&A 117M 4 Mb Wat May 1 '41-48M&N 6 2.20 1.70 4 Ms Sew '39-'46 reg.M&N 3.95 NoV 1,1961-70—M&N 6 3.15 3 Ms 1942-1945 M&N 6 2.10 6 1.30 2s Mar 1 1939-1949 to 3.35 1.75 120 6 0.75 M&N Niagara Falls S D 1937-1965 J&D Groton 6s Wat '38-'50—M&N 120 4.15s Sewer 1965-70-M&N 6 3.10 4.10% Sewer 1938-50-J&J 6 1.00 to 3.10 4.40s 6 3.00 to 2.70 J&J 6 1.25 Greenburgh U S Sch Dist No 9 118M 123 M 119 - Freeport— Greenbursb (T)— 4s 1937-1951 to 3.10 % to 3.10 % 118M 121 —M&N . 4Mb Water 1937-45-.A&O Erie County— 4MB 1937-1938 J&D 4Mb 1939-1959 J&D 4s 1945-1953 M&S 2.90 March 1. 1938- 1947— Essex Co 4s 1937-1956—M&S Franklin Co 4Mb *38-'40-M&S 119M 3Msg exempt 1952—_M&N 6 3.30 6 3.30 3 Ms g exempt 1953 _M&N 3 Ms g exempt 1954 M&N 105 105 3 Ms g Water ex 1954. M&N 3 Mb exempt 1955 M&N 104 M 3 Ms stock Apr 1,1954. A&O 6 3.30 105 3 Ms Corp stock Mar 1,1960 105 3 Ms Corp stock Jan 15,1976 101M 3 Ms Corp stock July 1, '75. 6 3.10 3s Rap Trans 1947-51 -F&A 97 M 3s corp stock Jan 1 1977 J&J 2Mb Serial 1938-46 F&A 61.00 Niagara Falls— 5 Ms 1941-48 M&N 6 2.00 M&S 6 1.00 to 2.50 M&S 6 2.50 to 2.60 6 1.00 to 3.75 to 3.60 119 M M&N 6 2.25 3Mb R T 1948-1950-M&N 6 3.30 to 2.60 % 3.85 to 3.00 118M 117M 117M May 1957-M&N Nov 1958 3 Msg exempt 1941 3 Ms exempt 1942 to 2.50 6 1.00 to 3.80 1956 3 Ms Corp stock 6 2.75 6 1.25 to 3.80 Various - to 3.20 to 3.90 to 2.50 118 M M&N M&N 6 1.00 6 2.70 to 3.25 % 4Ms 4Mb 4Mb 4Mb 4Mb 4 Ms 4Mb 4Mb 4Mb 4Mb 4Mb 4Mb 4Mb 4 Ms 4Mb 4 Ms 4Mb Feb 15, '41-'66-F&A15 4Mb Feb 15,1976—F&A15 4Mb Nov 15,1978—M&N15 4Mb Mar 1, 1981 M&S 4s Corp stock 1937-55 4s July 1,1937-1956 4s Oct 1,1980 A&O 4s May. 1977 M&N 4s to 1.75 to 4.25 City— , June 1965 J&D 1963 -M&S May. 1957—M&N Nov 1957. M&N Dec 1, 1979 J&D Corp stock 1967--J&J Corp stk 1971 J&D 15 July 1.1937 to 1955-„ Jan 1. 1977 J&J Sch & Var '37-'39_J&D 1960 M&S Mar 1, 1962 M&S Mar 1, 1964 M&S April 1,1966 A&O Apr 15,1972—A&015 Rap Tr & Wat '74 J&D 4s Nov 1955 62.75 to 3.50 1.25 4b 4s to 3.30 3.25 to 3.30 6 3.40 6 2.00 6 1.75 6 1.75 NEW MEXICO 6s Highway 1938-1940—J&J 6 3.25 5Ms Highway 1938-1940.J&J 6 3.25 4s to 1.25 6 1.20 I to 3.20 West Orange (T) 6s '38.M&S Bonus 1940-1949 3.20 to 3.20 to 2.00 6 2.00 6 2.00 West New York— 4Mb Oct 1 1937-1968—A&O 6 2.75 5s School 1938-61 M&N 6 3.00 is 2.25 6 0.75 Union Township Sch Dist— 5s Jan & Mar 1 1938-1945 5s Jan & Mar 1946-1970 1 4Mb Highway 1963 M&S 4Ms Canal 1964 J&J 4Mb Canal 1965 J&J i's Highway 1965 M&S (s Barge Canal 1945 J&J (s Bonus 1938-1939 A&O to 1.50 % 1.25 6 1.25 M&N M&N M&N 3.10 to — Y to 2.65 to 2.10 Elmira— 3.40 % 2.85 A&O 6 1937-1950— to 2.65 to 3.40 % 2.50 to 6 1.25 4Mb Oct 15 1937-52 4Mb Rd&Bdge '38-'47 _F& A 6 1.25 4 Ms 2.70 F&A 6 1.25 to 3.40 1.25 Union City 4Mb 1937-'64.J&D 62.50 Union County— 6s March 15 1938.M&S 15 6 4MB 1937-1950 to Dutchess Co— to 2.80 „ 4Mb 1937-1968 J&J Ventnor City-v 5 Ms Mun Bldg '38-'58-A&0 Vineland (Boro)— 5 Ms 1938-1950 -M&S Westfield— 5s June 15 1937-60 J&D 4Mb 1938-1966—^ A&O to 2.75 to 3.25 4Mb 1938-1959 A&O Corning 5Ms 1938-60 M&S Cortland Co 4Mb '37-'51.J&J Delaware Co 4.20s '38-'62A&0 100 J&J 61.50 -M&S 6 1.50 J&D 6 1.50 1.50 J&D 4s Oct 11942 2.75 .M&N 6 0.75 J&J 3Ms 1940-1964 J&D 3.40s Nov 15 ,37-,55—M&N 3.10s Oct 15 1937-46.A&0 2.60% Relief 1937^5..J&J 2Mb Oct 15 1937-56-A&O 2.20s Jan 15 1938-47..J&J Columbia County— to 3.40 94 4Ms 1938-1967 4s June 15 1960 4s 1937-1958 4Mb 1938-1964 M&N Sewer Authority— 4s 1940-1964 to 3.30 6 1.75 J&D 2% 1937-1955 M&N 4Mb 1938-1944 4 Ms 1945-1965 4Mb 1938-1963 to 2.40 4s 1937-1972— Binghamton— 4Mb Oct 1 1937-71 2s Mar 11938-1956 3.75 96 to 6 1.00 2Mb refunding 1938-57.J&J Albany Port District— F&A to 2.60 „ to 1.50 4M 1937-1969 —M&N 6 0.75 4M 1937-1970 -J&D 6 0.75 4s Munic & Sch '38-'63.J&J 6 1.50 3M 1937-1971 J&D 6 0.75 2Mb 1937-1945 M&N 6 0.75 6 0.75 3.75 6 1.50 M&S 6 1.00 Albany (City of)— 4.25 3.00 to 3.00 New York 3 Ms Fund 1937-1941.M&N 6 0.75 Terminal— City Hall 1939 to 1.80 Albany County— 4 Ms 1938-1960 . 4s to 1.90 1 Ms Sept 10 1944-1946. 6 1.50 4MB 1937-1969 4Mb 1937-1968 Summit— 4Mb School 1941 F&A 4Mb Imp & sch '37-'60-J&D Sussex Co 4Mb ,37-,44_._M&S 4s Impt 1938-1955—.M&N Tenafly 4Mb 1938-1963.F&A Trenton—-v 6Ms 1938-1951--.—A&O 5s School 1938-1955—A&O 4Mb 1938-1966 F&A 4Mb 1938-1960 F&A 1.80 6 1.60 0 to 4.50 6 2.00 County— 4MB 1937-1973 to 1.70 to 1.80 r-n ^- J&J 6 2.75 1938-50- 5s 1938-1950 M&N 6 1.50 .South Orange— 4s 1937 to 1944 6s 1938-1962 to 2.75 98 4Mb 1937-1949 J&D 61.25 4Mb 1937-1952 —J&J 6 1.25 South Jersey Port District— Marine 118 118 118 98 4MB 1937-1953 J&D 6 2.00 Ramsey 5s Water 1937-1940— 63.00 Red Bank (Borough)— 4Mb 1937-1953 M&N 6 1.50 Sea Isle City 5s 1942 n§ 6 0.50 6 2.00 Rah way— Ridge wood 4Mb 1938-62.M&N 5MB 1937-1939 —J&J 116 116 J&J Nassau County (Concluded) 3 Ms 1951-1961 J&J to 1.20 M&S 6 0.75 1Mb Sept 10 '37-46—M&S 10 6 0.50 to Pater son— 5Ms 1937-1959 M&N 4Mb Feb 1 1945 F&A 4MB 1937-1967 A&O Perth Amboy— 4Mb April 1944 4Mb Water 1938-64--M&S2 4Mb School 1938-1960-A&O 5s Feb 1938-1977 F&A Plainfield 4s School 1959 M&N 4Mb 1937-1962 Various.J&J 116 116 — 3s Canal 1957-59 3s Mar 25 1938-1987 to 3.15 1 1938-1968 Net to 3.25 5Ms General improvement 1937-1951 J&D 5s Impt 1938-1948 M&N 4MiS Refunding 1944--M&N 4 >48 Water 1939-1970-J& J Passaic County— 4 Ms 1937-1946 J&J 4 Ms 1937-1968 J&D 4Mb Ask to 4.00 Nutley (School District)— 4Mb 1938-1942 F&A 4Mb 1943-1967 F&A 5Ms Nov 15 1937-39.M&N Ocean City—5s 1944 F&A 4Mb Impt May 15 1938-^6 Ocean Co 4Mb 1937-*50-J&D 1938-1940 Bid Bonds to _ 4Mb To or Net 6 2.00 6s Sewer fund 1937-47--J&J / 75 79 North Bergen ref 4s-4Ms-. Passaic— Ask 6 2.00 4KB 1937-1967 J&D 6 2.00 North Arlington (Borough) 4^ Sewer Yield Basis To or To or Bonds of issue Yield Basis Yield Basis to 3.25 to 2.00 to 2.50 to 2.00 to 2.60 1 state and municipal bonds June, 1937] Quotations for all securities are Yield Basis Yield Basis To or Bid Saratoga Springs— ^ 4Mb Parle 1938-40 A&O 6 1.00 Scarsdale 4 Ms 1938-45—J&D 6 1.00 Ask . to 2.50 6 0.50 to 2.00 Lincoln Co— 6 0.50 to 2.50 to 2.75 to 2.25 5s Bridge 1938-1951—-F&A 6 2.75 Mecklenburg Co— 6s Ref Nov 1950-----M&N 6 4.50 1937-1950 to 2.50 Pitt County— J&J 6 2.25 - to 2.75 5s Munic 6 1.25 to 2.50 5s Impt June! 4 Ms 1937-1967 6 1.50 6 1.00 to 6 0.75 6 0.50 to 2.80 6 0.75 6 1.00 to 2.25 4s 3.40 to 2.50 M&N 6 0.75 J&D15 6 0.50 —F&A 6 0.75 to 2.25 J&J15 6 0.50 J&J15 6 0.50 2.20% 1938-1957 M&S 6 0.75 2s 1938-1956--—M&S 6 0.75 lMs 1938-1946 M&S 6 0.75 Triborough Bridge— to 2.75 4s 4s 1937-1971 s f revenue ser rev Ticonderoga S D No 5— 4 Ms July 1938-'58 J&J 6 2.00 Tonawanda (City of)— 4 Ms 1938-1942 —-J&J 62.00 4Mb Sewer 1937-1953-J&J 6 2.00 5s Water 1937-1950—J&J 6 2.00 5Ms Water 1937-1950-J&J 6 2.00 4.50 % M&N 6 2.50 6 4.00 6 4.00 3.00 4.00 to 4.40 to 4.20 to 1955—A&O 1937-1962....—A&O 6 2.50 6 4.30 to 4.25 4.50 to 93 96 95 M to to 3.75 A&O 61.50 A&O 6 1.50 1937-1959 4Mb 1937-1956. 35 to 3.90 4.00 to 3.90 to 3.90 3.65 TVfnftlrficnn 3.70 3.70 4Mb Aviation 1938-53.J&J 6 4.25 Oklahoma City— 5 Ms 1937-1940.. J&D 6 2.75 5s Water 1938-'47 M&S 6 3.25 Zanesville—5s City Hall & Market 1937-1939 M&S 6 1.50 Zanesville S D 5s '37-'43.A&0 6 1.50 to 4.10 61.00 to 2.00 % OHIO (See footnote *) to 3. to 2.25 A&O 6 0.75 F&A 6 0.75 to 2.25 6 0.75 to 2.50 6 0.75 to 2.75 5Ms highway 1938-'53-F&A 61.00 to 3.00 to 4.25 6 2.00 6 4.00 to 3.80 5s to 4.10 6s Feb 1 1938-1939 6 4.10 6 4.00 to 2.25 co 2.70 1937-44—A&O 61.50 to 3.00 to 2.50 5s 1954- M&S J&D A&O 3 Ms May 15 1941-1945 63.00* to 4Mb H'way *37-'49 (s-a)-A&O 4s Highway 1937-1942..A&O 4s Highway 1938-1941A&O 3.75 Astoria 5s 1953 ....A&O 4Mb Dec 5 1939-42 4.40s 1956 Cincinnati— ~ J&D 62.00* to 2.10 v •- 2.25 to 3.60 2.00 2.00 3.25 to 4.00 4.00 3.60 2.75 to 4.40 2.75 to 4.30 4.10 3.90 96 4.40 to 3.80 2.75 Greensboro— 94 4.60 Guilford County— to 4.30 Lakewood— 4Mb 1937-1939 A&O 61 50 4 Ms Oct 1945 A&O 5s Park & Imp '37-41-A&O 6*1.50 Lima 5 Ms Sewer 1937-1947— 6 2.00 5s Sewer Feb 1 1938-'51 F&A 6 2.50 Lucas Co 4s O H 1944 M&S 4 Ms 1937-1940— J&D2 &"l*50 to 2.30 to 2.50 Mahoning Val San Dist— 4Ms water 1937-52 A&O 6 1.50 Martin's Fy 5s '37-'44...M&S 6 1.50 Miami Lancaster S D 4s May 1945— 6 2.20 Lower Merlon Twp 4s 1945— 6 2.2Q $8-43 M&N 6 2.00 Mercer Co 5Ms '37-'47_-F&A 6 2.10 Norristown S D 4Ms 1943-J&J 6 2.30 McK'p't S D 4M« 2.50 to 4.00 to 4.50 to te 1.75 to 2.50 to 3.20 f;= Certificates of deposit 5 Ms 1937-1949 to 2.75 to 2.25 1.00 - 4Mb 1937-1951——J&D Forsyth Co 4Mb ,37-,58.J&D Granville Co 4Mb '39—M&N 3.50% 2.50% J&D I 5s Water 1938 to 1945.J&J Durham County— 3.50 3.50 2.50 1.00 2.00 1.00 1.00 — to 3.90 2.50% 3.00% 2.10 4.75 OREGON 2Mb May 15 1938-1940 ^ 5 Ms Fund 1937 6s Water 1944-1959 Canton School Dist— to 2.50 3.85% to 4.10 A&O F&A 6 3.75 6 2.75 1938-1947 f'oo 2.60% to 3.10 to 3.60 to 3.45 to 2.40 to 2.00 to 2 90 to 3.75 2.70 to 3.25 to 3.75 to 3.40 to 3.50 to 3.50 135 101 to 2.00 to 2.10 to 2.95 to 2.90 2.00 to 2.80 to 2.75 % to /o Par to 3.00 % to 3.10 % to 2.80 % to 2.60 to 2.60 1.75 to 2.50 to 2.60 115 to 2.75 % to 2.80 to 2.00 to 2.75 to 2.50 to 3.10 2.20 to 2.50 2.00 2.00 to 2.50 to 3.00 2.10 Philadelphia— 5s Jan 1951 4mb May 1948 4Mb Nov 1 1948 —J&J J&J J&J 114 110m 110M to 3.60 to 3.00 Conservancy Dist— 5 Ms (1 to 5 yr mat'y)— J&D 6 1.00 f M- (5 to 10 yr mat'y). J&D 6 2.50 5Mb (after 10 years)...J&D to 2.50 to 3.00 Ohio municipal bonds issued since Jan. 1,1913 are taxable, all bonds Issued prior to 3.50 to 4.10 3^10 M&N 6 2.25 to 5 Ms July 1946 ....F&A 6 3.75 5 Mb Wat & Pk *38-'49-F&A 6 3.75 5 Ms 1938-1939 F&A 6 2.75 5s Sewer 1953 to 2.50 4 Ms Water Works 1941 J&J 6 2.40 6 5.00 Okmulgee 5s Mar 15 1943 J&J Certificates of deposit... Eugene 5s 1942 M&S > 3*.20* Warsaw Union FrSDNo 10— 2.25 Multnomah Co— 5Ms 1941———M&S 4 Ms 1937-1942 Oct 6 1.00 to 3.00 5Ms Imp Feb '46-'51..F&A 6 2.75 to 2.90 1.00 4Mb Bridge 1937-1944.J&D Watertown— 5s July 11965 3.30 4Mb 1949-1956 F&A J&J 4 Ms 2.00 4 Ms July 1943 1942. J&J 2.30 4s Bridge 1945-1955—J&D 2.80 J&J 4 Ms Sewer 1955 4Mb 1937-1953 J&J 6 0.50 to 2.50 & _A&0 2.70 5s Road 1938-1939...M&N 1.00 5s 1937-1945 J&J 60.50 to 2.25 4 Ms Sew 1.00 Multnomah Co S D No. 1— Sept 31937 M&S 3 4s May 1938 4s 1937-1956. M&N M&S 61.00 to 2.60 % 1.25 4Mb July 15 '37-'39_.J&J15 1.50s 1937-1946. J&J 60*50 to 2*66 % 3 Ms Water *45 op '25—F&A 102 101 4s 2.25 July 15 *40-'45 J&J15 Thousand Islands— 3 Ms Sept 1 1938-62 61.25 to 2.75 % Portland— 100 4 Ms Bridge Rev '67.M&S 3s Water 1939 op '19.F&A 101 102 5s Harb Dev 1937-50-M&N 1.00 Westchester County— 2 Ms Sept 1 193/ to 1956— 61.00 to 2.50 % 2.90 4Mb Dock 1943 M&N 5s 1939-1976— J&D 6 2.00 to 3.75 1.00 1937 to 1976- 61.00 to 2.60 % 4Mb Oct 1937-47 A&O 5s June 1 1938-54 J&D 6 1.25 to 3.75 1.00 ;hool Dist)— 4Mb 1938-1960 M&N 4Ms San Sew '38-'82—J&J 6 1.25 to 4.00 102 4s Water 1938-1955...M&N 1.75 ^ V|,wl906 M&S 101 4 Ms Parkway 1962-86-J&D 63.60 to 4.00 102 4s Water 1939-1958 3Ms 1940 opt 1912...A&O 101 1.75 J&J 6 1.25 to 2.75 4Mb Co Bldg 1938-44-A&O Cleveland—! »:■ xv;4s Water 1940-1959 2.00 F&A 4 Ms *44, '45, '56 & '69 J&D 6 2.50 to 3.25 5Ms 1940-1970 Pt of Astoria 5s Refg 1955. J&J / — J&D 6 2.90 to 4.00 4s Co Bldg 1938-59—M&S 61.50 to 3.50 5s W W 1937-1968 J&D 6 1.00 to 3.60 Pt of Coos Bay Harbor 5s 4s June 1 1959-1964—J&D 6 3.00 to 3.25 4Mb Grad Cros'37^54-A&O 6 1.00 to 3.30 3 Ms 1937-1951 J&D 6 1.25 to 3.00 4Ms Fire Dep '38-'55..A&0 6 1.00 to 3.50 3 Ms 1952-1980, J&D 6 3.00 to 3.25 4 Ms 1937-1950 M&S 6 1.00 to 3.50 PENNSYLVANIA 3 Ms 1938-1951 J&D 6 1.25 to 2.75 4s Sewage 1937-58 M&S 6 1.00 to 3.25 3 Ms 1952-1963 J&D 6 3.00 to 3.10 3 Ms 1937-1956 5s July 1 1951 Series CL.J&J 131 A&O 61.00 to 3.25 White Plains— 2 Ms 1938-1951 M&S 6 1.50 to 3.00 100M 4Ms Dec 1 1951 opt '37.-J&D 4Mb 1938-1959 (reg)_,M&S 61.50 to 3.50 2Mb 1938-1951 4 Ms 1939, 1944, 1949 M&S 61.50 to 3.00 J&J 6 1.25 3.90s 1938-1954 F&A 6 1.00 to 3.25 leveland Heights 8 D— 4s Highway Apr.l 1940, 1942, 6 2.50 to 2.75 2Mb Sept 1 1943-49 6s 1937-1959. 6 1.00 A&O 6 1.50 to 3.80 1945, 1947. 1950, 1952 Wolcott 4Ms Jly 15'37-'42J&J 61.00 to 3.00 Columbus— I Allegheny County—, Yonkers—• 6s 1949-1957 4 Ms 1938-1962. M&S 6 3.20 to 3.50 A&O 61.25 6s Feb 1 1938-1952 A&O 6 2.00 to 3.75 1.25 4Mb 1938-1953 F&A 6 1.00 to 3.20 4Mb July 1937-1958 J&J 4 5Ms Jan 1938-1961—A&O 6 2.00 to 4.00 4s Bridge 1942 F&A 6 2.20 Ms 1937-1955 s-a F&A 6 1.00 to 3.10 5s 1937-1961 A&O 6 2.00 to 4.00 4s Wat W '45 opt '20-M&S 4s 1938-1958 102 M&S 6 1.25 101 2 Ms 1940-1959 4Ms July 1 1937-62—A&O 6 2.00 to 4.00 F&A 6 2.00 to 3.00 2Mb Dec 1 1937-1965—J&D 6 1.10 4Mb Marl 1938-'56—A&O 6 2.00 to 3.75 Columbus SD— 2 M Apr 1 1938-67 A&O 6 1.00 4s 1938-1958 F&A 6 2.00 to 3.50 5s 1943-1952 Allentown— J&D 19 6 2.75 to 3*25 6 2.00 to 3.50 3.30s April 1 1938-1956 Cuyahoga County— 4Ms Sewer 1939-59——J&D 6 0.75 6 2.00 to 3.75 3.10s Oct 1 1937-1964 5b 1937-1939—..ii Altoona— : ^ ,.A&0 61.75 to 2.50 4 Ms 1937-1944 2Mb gen & ref July 1 *43-'46 6 2.00 to 3.25 4 Ms Water 1938-60—-M&S 6 2.00 A&O 6 1.75 to 3.20 4 Ms 1937-1943 Bethlehem School Dist— A&O 61.75 to 3.10 NORTH CAROLINA 4s 1940-45-50— 6 1.80 4Mb Road 1937-1941._A&0 61.75 to 3.00 5s July 1961 3.40 3.60 J&J 4s 1937-1941 Braddock 4Mb '37-'41—M&N 6 1.50 .A&O 61.75 to 3.00 1.50 to 3.60 4Ms 1938-1962 J&J Cambria Co 4 Ms Nov 1 *37-'45 6 2.00 Dayton—» 4 Ms 1938-1968 A&O 1.00 to 3.55 2.75 Chester 4s 1937 J&J 6 1.90 oMsW W Imp 1944.-J&D 4s 1938-1968 A&O 1.00 to 3.55 2.50 4Mb 1937-1940 J&J 6 2.00 5s| WW Imp 1945 F&A 3 Ms 1940-45— 1.75 to 2.65 A&O 4 Ms Bdge 1937-1951 Chester SD 4mb 1938-42 J&D 6 2.00 M&S 6 1.50 to 3.10 % 2 Ms 1946-47-48 A&O 2.70 to99M Del River Jt Comm Bridge 4Ms 1937-1940 M&S 6 1.50 to 2.25 % Ashevil le4Ms 1941-1961— M&S 6 2.50 to 3.30 % Eaaton-Phillipsburg 4mb Ss 1938-1969 J&J 34 Dayton School Dist— 103 5 Ms 1938-1957. 34 J&J 5Ms 1941-1961 3.00 Phila-Camden— opt M&S 5 Ms 1938-1969 34 M&S 6s Mar 16 '38-'46—M&S10 61.50 to 3.10 % 113 4Mb Sept 1 *67 opt '41 34 4Ms 1937-1965 M&N East Cleveland— Easton 2 Ms Water works— 34 4Ms 1938-1962 A&O 1938-1966 M&S 6 1.10 61.00 to 2.75 Buncombe County— 00 4Mb 1937-1960 F&A 6 1.30 5s 1938-1946 A&O 34 Erie S D 4s 1937-1938—-F&A 6 1.50 6*1 50 to 2*66 4 Ms Funding 1939—JM&S 34 4 Msl937-1952.... .-M&S 61.50 to 3.10 6 1.60 4mb Jan 1 1938-1946 6s Bridge 1937 34 A&O 5s W W 1937-1946 J&J 6 1.50 to 3.10 % Fayette County— Charlotte— Fostoria 5s W W '38-40.M&S 6 1.50 to 2.50 % 4Mb Highway 1952—J&D 6 Ms 1937-1948 M&N 2.00 to 4.10 Hamilton County— Harrisburg— 4Mb 1938-1970.. M&N 1.75 to 3.90 4 Ms 1943 2.50 4s May 15 1938-1953 6 1.25 F&A 4Mb 1938-1979 M&N 1.75 to 3.90 2.00 Jeanette 4mb 1937-1950-M&S 6 2.00 4Mb Oct 11939.. A&O Durham— 4Ms Sewer Oct 1 1937-47— 6 1.50 to 2.70 % Lacakwanna Co 4s 1944-F&A 6 2.75 4Mb 1937-1940 .J&J 2.00 to 2.60 4s O H June '37 Lancaster Co 4mb *38-'60F&A 6 1.25 102 opt'16, J&D 101 * to 3.60 Tulsa— Canton— .. 4MB 1937-1957 i 3JOO *• to 4.25 1938-1956 Ashland 5 Ms M' 6 4.00 6 4.00 4s water Works 1942.A&O Allen Co 5Ms 1938-50..A&O 99* 4 Ms Pub Imp ,37-'45_J&Jl5 60.60 4.20s 1938-1949 -F&A 6 0.75 4.15s 1938-1950 M&N 6 0.75 Greenville 5s W W '58—F&A 3.50 3.70 4 Ms Ref'g 3 Mb 1957-1962— J&J to to 3.40 A&O 6 1.50 to 3.00 4MB 1937-1957 A&O 6 1.50 to 3.50 Youngstown School Dist— 4 Ms 1944-47 M&S 6 3.00 to 3.20 5s 1937-1944 __M&S 6 1.50 to 3.00 !?:8 Akron 6s 1937-1940—A&O 5 Ms 1938-1951 J&J 5s Water 1937-1953 ...A&O 4Mb 1937-1947 A&O 4 Ms 1937-1952 A&O to 3.20 revenue 5s Water 1942 F&A 4 Ms 1938-1963 J&J 4 Msl938-1905 F&A 4s Water Works 1954, .J&J ho to 3.50 Youngstown— M&N 15 J&J to 3.75 1.90s July 11937— Triborough Bridge— 3.00 % 3.50 6 2.00 Fargo 4s Aug 15 1937-54 Grand Forks— 5s May1938 —— to 3.00 4Ms_1942 to 1966 to 3.00 OKLAHOMA to 3.50 6 0.75 1938-'50-F&A to 2.75 M&S 5s Farm L'n 1940-45&'50 J&J 6 3.00 4.20 4Ms Feb 15 1938-1957 4 Ms 1937-1970 J&D 6 0.75 3Ms May 15 '38-'51-M&N 3.15 to 2.25 i 5 Ms 1945 & 1948 ser O—J&J 6 3.40 4 Ms July 1951 & '55 J&J 6 3.75 4 Ms Jan 1957 J&J 6 3.75 to 3.00 Warren Co 4Mb to NORTH DAKOTA 6 0.75 1938-1946 1938-1948. 4.00 to 3.10 to 2.00 to 2.75 tTtica— to 1.50 A&O 6 1.50 4 Ms 98M / 32 to 3.00 to 2.50 Summit Co— 4 Ms Oct 1 1937 M&S Sept 1937-1947 1938-1958 4Ms 1937-1973 to 2.25 6 0.75 1977 A&O 4s serial revenue 1942-'68— 6 2 M&S 6 2.00 1938-1955. Net Toledo School Dist— i.: 4 Ms A&O J&J ...M&S 6 2.00 5s Sewer 1949 _i 4Mb 1937-1965 4s J&J 6 3.00 Ask 6s Bdge 1937-41 Winston-Salem— 5s 4MB 1938-1950 Springfield— 4Mb 1938-1949 4Ms 1937-1954 M&S15 6 1.50 4MB 1938-1953 __M&S 6 1.50 6 1.50 4Mb Nov 1 1937-1953 4s Park July 1 1942 J&J to 4.10 to 2.40 6 1.50 Newark 4 Ms 1938-1941—A&O 6 1.50 Portsmouth City S D— 5s W W 1937-1944 F&A 61.50 6s Pub Wharf 1960—-M&S to 4.00 to 3.00 Montgomery County— 5s Flood Emerg '37-'42 J&D Toledo—- ,'■/ 4.10 6 4.25 6 2.25 4Ms 1938-1950- 4.10s 3.90s 1944—J&D A&O 1946-1950 Bid 4M 1937-1940 3.50 6 4.25 4Mb Pub Imp 1938-60.J&J 6 2.50 to 3.00 f Bldg 1939—-J&J 4 Ms A&O 61.00 s 4.25 % to 2.60 6s 1937-1940 reg 4s % to 4.60 % to 2.90 Thousand Isl'ds—See "Watert own" Troy— to 4.60 To or Bonds Springfd S D 5s '37-*39.J&J2 6 1.50 Wilmington— 5s Ref & Impt 102 M A&O 102 M A&O 6 2.65 to 3.90 1977 1942-68 to 4.70 % , — 4.20s Dec 15 '37-71 .. 4.10 % - 1951-1956 M&N Randolph County— 4 Ms 1938-1947 F&A 4 Ms 1948-1959. ....-F&A Rutherford Co5s '37-52..J&J Salisbury 6s 1938-1941—M&N Transylvania County— v Road & Bridge 6s 1949-50. to 3.20 4s 1937-1946 3 Ms 1937-1951 ■ 3 Ms to 2.50 6 0.50 M&S to 4.75 to 6.20 - to 2.75 to 4.00 Yield Basis Net _ Raleigh— 6 1.00 May 151938 5 Ms 1937-1960 4Ms 1938-1944 „ 4Mb 1943-1947—.——M&S 6 4.25 5s Fund June 1959 J&J 6 4.75 to 2.30 Ootmty— Solvay 4Ms 1937-'40 F&A Somers (T) 4Ms'37-'53-M&N Southampton-— 5s 1938-1971 M&N Suffolk County— 4Mb 1937-1957 A&O 3 Ms 1937-1951 F&A 2Ms High & ref 1938-57 M&S Sullivan Co 4Ms '38-'45-A&0 Syracuse— 3s A&O 6 4.00 6 3.00 6 0.75 6 0.50 6 0.50 M&S 6 0.50 4Ms 1942-1958 5s Dec 15 1938-1948 5s '42.F&A Iredell Co 5s Aug 1 4 Ms 1938-1950 "i 6s Dec 15 1937-1941 4.30s 1937-1948 J&D 4.15s 1938-1960 A&O 4s Oct 15 1937-1944--A&O 2 Ms 1937-1955 A&O Schenectady Ask High Point 4Mb 1938-48. J&J 6 3.50 5s Wat Servl938-1968 J&D 6 3.75 v11 to 2.00 Schenectady— 1.80s Bid Bonds Net To or _ Bonds 97 , possible for the closing day of the month preceding the date of Issue as near as that date are tax-exempt. 6 Basis. / Flat price, n Nominal MUNICIPAL BONDS closing day of the month preceding the date of issue STATE AND 98 Quotations for all securities are as near as possible for the Bonds Philadelphia (Concluded)— 4 Us 4 Wfl 104U 101U 5 Us Dec "l02M 2 1937-'56 Us July 1 Public Works — Relief— to 2.70 to b 1.00 to 1.65 2.65 April 15 1946-47 6 1.10 4Us 1940-1967 2.75 to 6 1.90 to b 2.00 to 6 1.75 to 2.00 Scranton School District— 61.90 4Us 1938-1956 J&J to 3.10 to 5s funding Jan 2.70 3.20 2.50 80 2.20 4Us 1937-1955---—-J&J '37-41—F&A F&A 4 Us 5s 1937-1950 M&S 4a 1038 Wllkes-Barre— 6 1.75 4Hs 1938-1940.----—J&J 6 2.60 4Us Impt 1940-1945—-J&J 6 1.10 lork 4Us 1937-1943 F&A . to 0.75 1K% June 1 6 1.15 6 1.25 1939-43—J&D 62.50 3% Public Wks 1951-56-M&S 6 4s Oharit Inst 1965 M&S 6 2.80 4s June 1 1977 ——J&D Cranston— 4s 1938-1966 J&J 4Us Mar 15 6s 1938-1942 '38-73-M&S15 5 6 1.25 61.00 to 1.70 % 6 1.00 to 3.75 % to 2.25 J&D J&J A&O 4s Oct 1 1954 % 2.50 2.70 2.75 ■--J&J M&N2 4s July 1956 4s May 2 1957 4s Water 1962 J&D A&O J&D -J&D F&A 4s Oct 1 1964 1938-1950 3s 1944-1951 2Us 1938-57 WPA School Loan— 3s 1946-1965— J&J Woonsocket— t ■' 4Hs funding 1941 „—J&D 6s Fund 1938-1961 —M&N 4KB 1937-1967 J&D 4Us Funding 1944M&N 48 „ 2.75 2.80 2.80 2.60 % 6 1.00 to 6 2.25 to 2.60 % 6 0.75 to 2.50 % 6 2.30 to 2.80 % 2:50 61.00 to 4 35 % 61.00 to 3.75 % 1937-1967 J&D 4Us June 1937-1957—J&D 4KB 3.20 6*1.00 6 1.00 1.00 5s 1937-1942 M&N 61.00 5s Funded 1938-1959—A&O 4s Funding 3.60 3.60 3.60 .. _ 4s 1°60 2.75 Pawtucket— i 4Us 1950 —J&J 4Us Sewer 1952—-—-J&D 4Us School 1954 M&N Providence— _ 6 0.75 to 2.80 1937-1959 Jan 1 1945 to 3*75 % to 3.60 1 to 2.70 to 3.75 1947—...A&O m Refunding 1940-55.—— 4 Us ctfs indebt '39-'53—J&D 4s Institu'l 1937-'59 J&J s Highway Oct 1 *45-'54— :en Oo 4H» 1938-1945-F&A 6 2.25 to 3.50 6 2.00 to3.50 6 2.00 to 3.50 6 2.75 to 3.50 6 2.50 to 3.50 ; 1938-43.F&A Charleston—4 Us Jan '62-J&J 4s Refg '38 (tex-exem). J& J 3 Mb Wat Works Oheraw 5s '52 opt '38-78A&0 '32--July 1 6 2.50 to 3.50 104 105 100 101 6 1.50 to 3.40 % 95 100 Clarendon Oo— 6s May 15 Columbia 5s '38-'40-M&N15 6 3.75 6 2.75 3.40 3.40 3.40 2.75 to 3.50 to 3.50 U 3.50 6 4.25 3.75 ^fe-193W939.J&J 1940-1965.J&J Sept 1 1939—.— 4Mb Water 6s Nov 1 1943 — Spartanb'g Oo 4Hs'38-'47M&S iork Oo 1938-1952—J&J 4Us<1938-'50—J&J 63.75 6 4.00 6 3.25 6 3.00 6 3.00 6 3.00 6 4.50 to 4.00 6 4.50 4.75 4.00 62.75 to 3.75 62.50 6 3.25 2.75 to 3.40 6 3.50 to 3 25 6 4.25 4.00 6 2.75 6 3.00 to 3.75 6 to 4.00 2.75 to 4.25 Port Arthur— 5a 1938-1970 an Antonio— 5s 1937-1953 3.80 % 3.50 % 4Us Oct 10 '37-*59—A&O10 100 103 101 94 6 1.00 to 2.90 110 112 61.00 to 2.75 6 1.00 to 2.90 6 3.60 to 3.40 63.30 to 3.70 to 3.60 % 6 3.15 to 3.30 6 3.00 to 3.20 99 U 101 ^ Optional tn 3.50 3.60 3.50 3.50 3.50 3.50 6 3.75 3.50 % iV" **' ''pa \ r 98 6 4.10 6 2.50 to 4.00 3.40 3.60 1.50 to 3.40 1.25 to 3.50 3.10 3.30 6 3.75 6 6 6 6 %' Robertson County— 1.50 to 3.25 2.00 2.25 1.50 to 3-50 1.50 to 3.50 1.50 to 3.50 1.50 to 3.25 6 4Mb Road 1948—..—F&A Shelby County— 1957—-A&C 5s Aud Mkt H'se *49—M&S 4U% Jail 1940-1951—M&S Smith County— 5 Us Fdg 1938-1958—.J&J Tipton County— 4Us Road July 2 '37-'58J&J Washington County— 5% Fdg Jan 1 1954 J&J 82 §° 82 80 82 80 82 80 80 82 pages STATES—See .J&J 82 is July 1 as 91 3-50 3.40 0.50 1.80 to 2.50 to 3.25 1942 2.65 2.00 to 2.50 6 050 to 2.50 63.05" M&N 6 210 6 0.50 4s May 1 1949 alt Lake Co 4 Us Apr 1 to b 2.75 VERMONT 3.25 % 6 to 2.75 UIIY— t 5.00 1.40 >—F&A 6 1.00 6 1.90 5s Refunding 1941... ..J&J .A&O 6 1.00 4s Ref 1938-19452.65 4s Ref 1946-1965—. .A&O \ 5.25 1.95 1.40 .J&J 6 1.50 1939—IZZI! July 1 1937-. ait Juany i 6 6 2.05 3.25 1 6 3.40 3.25 6 2.25 to 3.40 6 _ 1955—M&S 2.00 to 1937-1949—A&O is 2.50 to 4.50 % is 6 120 101 97 95 6 Refunding 1947—-60 J&J Refunding 1937—-46 J&J 4.25 % 4.50 96 '59-'65.— 100 Amarifio4Us *38-'58-M&S 15 100 100 3.00 6*1.00 to 3.40 6 1.50 3.75 % 4.00 3.15 % VIRGINIA (Commonwealth) 1962— 4.00 % C % ctfs of indebt July 1 * '31 6 !io 3.50 to 4.25 3.25 3.25 6 2.50 6 3.75 Abilene 5s Feb 15 & 19 .J&J 6 1.50 3.50 % 6 80 M&N M&N F&A10 M&N J&D F&A 10 % 1.50 to 3.40 6 1937-19551937-1960 UNITED 1.50 to 2.75 % 6 1937-1940 07_ 3.75 6 1950 UTAH 6 6 to 3.50 4Us 1938-1946 6 6 3.25 2.75 4Us 4 Us 3.50 of 1.25 to 3.50 1.25 to 3.50 % 6 6 3.50 5Us 98 100 103 3.90 101 '38-50-M&S 5s Water Impt 1958—-J&J 6 •anville— 4 Us Ref Aug 1942 F&A 6 6 4Us July 1 1939-1950--J&J 6 98 101 3.75 3.00 3.00 to I 3.25 % to 3.50 3.00 2.75 1938-50—J&J 61.00 4 Us June 11957 J&D to 3.25 3.50 t- Austin— 5s —J&J 1937-1942 SchBlg&Hos '52op'32J&J 1938-1961 J&J 1938-1953 J&J 4 Us 1954-1958 J&J 5s 4 Us 4 Us Beaumont— 5s 1952 opt *32 5s Water .. 6 1.50 to 2.75 % 100 6 1.50 to 3~ 25 6 1.50 to3.50 6 3.50 to 3.25 1938-1939 —A&O 1940-1965 A&O 4Us 1937-1970———-J&J 4s 1942 opt 1922 J&D 3 Us 1938-1952 A&O 4s 1953-1977 A&O Brazoria Co— j 5Us Impt Apr 10 1956-1965 Cameron County— 5s 5s __ 100 6 3.75 to 3.90 4.50 % / 71 75 75 63.40 M&N School 1937-1951—-J&J Dallas Co 4Us Apr 10 1951.. 6 3.25 6 3.50 4Us July 1 1937-1949--J&J 6 4U 1938-45 -M&N 6 3.25 4U 1946-65 M&N 3.25 El Paso—- 1924 Apr 10 100 purch 1950—-A&O 5s Fund 1951 opt '31—M&S 6s School 1955 opt'35.-J&J opt 35-.J&J 5s Impt Aug 1 1948—F&A 1938-1960——A&O 6t50 92 62 3.25 3.25 2.75 2.50 275 1 1 3.00 % 3.25 % ...... 6 4.50 100 100 6 4.25 6 2.50 1939-1959-J&J 6 1.50 Newport News— 4Us 1948 ———J&D 64.50 4Us Feb 1953 F&A 6 4.50 4s street Nov 11941—M&N 6 4.00 Norfolk— v: v. 6 4.00 4U% April 1941-47 6 4.90 5% Water May 1952 5% Port Terminal May '52_ 6 4.00 6 4.00 5U% School Oct 1961. Petersburg 4Us 1952—A&O Portsmouth— 5Us 1951--...———F&A 6 4.50 4Us Impt Oct 11942.-A&O 6 4.50 4 Us Sch and Sew 1938-J&J 6 4.50 4 Us 1937-1954 J&J 6 4.50 5s Water 1948J&D 6 4.50 Richmond— 4 Us 1949 —-J&J 6 3.25 4Us 1958 J&J 6 3.25 4 Us July 1 1964 J&J 6 3.25 4 Us July 11941 J&J 6 3.25 4 Us July 1 1965 J&J 6 3.25 ... 4s 1938 to 1943 4s _ 6s W W 1 6 4.75 6 3 40 6 3.00 & Bridge Feb 10 3.45 to 6 3.50 „ 4s m - 4 Us Pub Impt 1939 J&J 6 1.50 4 Us Pub Impt 1946—J&J 6 3.50 4 Us Water 1951 J&J 6 3.50 4s Pub Impt 100 6 2.00 5s ynchburg— "I'M 6 2.00 to 4.15 , 5s Viad't f 63T56 ~~3~.25 4Us 1938-1942 M&S 5sRoad Mar 151938-1957— / 71 90 Corpus Christi 5s fd 67-F&A 6s Water 1937-1959.-F&A 1 58 ° 1938-1970 School _ A&O Works 1954-M&S 1954 opt 6 3.25 t 5s Feb 10 1960 96 96 High Sch 1940 J&J 4Us Hospital '38-'56—J&J 4Us 1937-1968——M&N 4 Us 1937-1967 J&J 4 Us 1938-1948 M&S Polk Oo 5s 1938-1946 J&D 6U % Highway 3.60 Works 1942—J&J 6s 98 98 4 Us . 3.60 Wichita Falls— 97 96 6s 1938-1942 A&O 6 5s March 1938-1960---M&S _ i 5s Water 6 . 4.25 % 101 4Us Water 1937-1968—J&J Nashville— . 3iCQ1 r 3.75 % 95 4 Us Jan 1 19584Mb Jan 1 19585s Jan 1 1958— 6s Jan 1 1958— General Obligation 4Us— General Obligation 4 Us— General Obligation 5s — Funding 5 Us Sept 1950— Water 4 Us ... Madison County— 4M% Highway '38-'49 J&D Memphis 5s July 1954 J&J 5s River Term *38-'48-A&0 4Mb Water 1937-1962—J&J 4Us Water 1949--...-J&J 4 Us Park 1959 A&O 4 Us 1938-1955 J&D 4s 1938-1954—— M&S Montgomery Co—5s Cumber¬ land River Bdge 1953-F&A 1 3.25 % 3.00 % F&A 6 3.75 3.75 3.75 % 90 6 4.00 Refunding Refunding Refunding Refunding White County— to par ■■ Knoxville— 5s Memorial Sq 3.10 2.50 100 F&A 1937-1968 4Us to % 2.00 M&S 6 3.60 6 3.75 5Us W W 1938-65—M&N 6 3.60 5s Sept 1937-1953 M&S 6 3.75 5s Sept 1937-1959 M&S 6 3.75 5s St Impt Dist No 2 1943— 6 3.75 4Us 1938-1967 J&J 4.25 % 85 5Us Impt 1937-1946—J&D / County— 4Us prina.' I. % 3".l5 1944, '49. '54.'59.'64 „ 4.70 % Knox 4 Us 6s Rural Credit *37-40-A&O 6s Sept 1941 ......M&S 5s June 1 1937-39 J&D 5s Jan 15 1938-'40 J&J15 6Mb Jan 15 1943 J&J15 4Mb Rural Credit 1942-J&J 4 Us Rural Credit— jbue May 1 1943-'50-M&N Ref 4s Aug 1 *43-'49 F&A 3 Us 1943 to 1946 F&A 3s Feb 1 1947 F&A / Fl^t 6 2.50 58*19384960- -—..—M&N SOUTH DAKOTA h Raala. 83 Johnson City— to 5.50 • Sumter Co 5s 2.90 to 3.10 TEXAS 6 5.00 Ref 1941-M&S 4Hs Water 1945——J&J Greenville—5s St 1942—J&J 5s Water 1958 opt '38 F&A 3 Ha water ref 1939-76 M&N Greenville Co 4 Us '40-'65_ J& J 4Kb Highw 1938-1945.F&A Greater Greenville Sewer Dist 4Us 1967 M&N Kershaw Oo— ^ J> 5s Highway 1938-1946-F&A Lancaster S D—5s 1941— J&J 6s July 1946 —J&J Marion Oo— 4Mb 1938-1941 —M&S 5s 3.75 % .... Ref 1938-1948-..J&J af.IS 6 2.25 Impt 1937-39 (s-a). J&J 6 3.25 Impt 1940-55(s-a)-J&J 6 3.10 s 1942-1947 0.65 Ind Sch D 3s '38-'66—F&A 6 3.40 Houston S D 5s Feb 1952 3.25 4 Us 1937-1951 J&D Palestine 5s Sch Aug 1 1939, 6 4.50 4.00 f 2.25 % J&J 5 3.25 1937-1957 ' ■ 4s Courthouse SOUTH CAROLINA 8 Hs Anderson Oo— 4Us Highway fr'"t<——i. 3*16 3.15 s 4.10 County 6 4.50 4U % Refunding 1957-A&0 6 3.75 5% Bridge 1944.—.... 4.75 % * s 3.90 Hamilton TTfl — 3.25 100 A&O M&N b 2.50 100 5s Ref Oct 16 '41op'31-A&0 b 3.25 4 Us Sept 1937-1952--M&N 100 Oct 26 '38 op *28-A&O 92 6 4.50 1940-1958 4Mb, to 5s Sewer 1939 '" 90 3.00 to 3.75 Houston-— 3.50 to 3.75 % 3.00 % to 1 1959--J&J / 84 / 85 Gibson County— 4Us to 3.25 % to 3 75 % 6 1.00 1938-1942-M&N 48 May 15 1948 M&N 3 Ms g High sch 1954-J&D 4Us May 4Hs 6 3.25 4Us Bridge May 1 '51 M&N M&S 1938-1953--— Us June 1 2.70 % 61.00 to 2.50 % —A&Q Newport— • 4Ks 1938-1939 1.10 % to 1.90 % 2.40 % 2.60 % 6 1.25 3.50 6 2.50 b 4.10 3.75 4.00 2.50 2.50 3.25 to 3.60 % Grimes County— b 6.00 5Us Road 1938-54.A&0 10 100 Harris Co 4s *47 op '17-A&0 b 3.25 4 Us Apr 10 '38-r56.A&010 b 3.30 4 Us Road Apr 10 *38-*60 to 3.50 Hospital 1954 M&S Cocke County— 6 4.00 4Mb Road 1947 opt '39-J&J Davidson County— 6 3.10 4 Us Highway 1947—J&J 6 1.25 5% Oo Memorial *37-'50J&J 80 ; Dyer Co ref 3U-4Us 1965-— Fayette County— 6 5.00 4Mb Road 1958——--J&J to 2 1 2.00 5Mb road Chattanooga— 4 Us School 1956 A&O 6 4.10 6 4.15 4Mb Memorial Aud '52M&N 6 4.25 5s RHODE ISLAND i%i% Unompl Relief '38-M&S 1U% June 1 1939 J&D County— Carter 3.10 Scranton — Bridge 4Mb 1944-1945. to 3.00 to , 1.75 Net '49op'29A&0 Galveston County— 5s Bd Apr 10 1>lop'31 2.35 6 2.50 4s 1940-1955 4Us Grad &c 2.90 2.25 1.75 b 4.10 Galveston— " b 3.25 5s Grade Raising 1944-A&0 5s School 1938-1954—M&S b 2.25 5s 1938-1956 A&O b 2 00 100 4Mb Grad &c '48op'28 J&J 100 2.75 - F&A F&A J&J b 3.50 4s Refunding 1941 b 1.00 Ind Sch D 4s '38-'64—F&A 2.50 ....... 3 Us Sept 1 1944.«,.„...„..„. 6 2.90 6 3.00 3 Us Sept 1 1945 6 3.50 3.90s Sept 1 1955-1958 ... 3s Sept 1 1946 I- 6 3.00 6 2.25 4Us Jan 1 and Feb 151939— 6 2.25 4Mb Jan 1 1939 6 2.50 4Mb Dec 1 1939 6 3.75 6s July 1 1943 — 6 2.50 6s to 4U% 1937-1953---J&D 5 2.75 Beading 5s Impt 1943-49-J&J Schuylkill County— » 6 1.90 100 97 TENNESSEE b 1.25 J&J J&D 1 1940 A&O b 4.10 b 4.10 J&D 5s 1938-1959 4 Us 1938-1971 4 Us 1938-1964 70 . Sioux Falls 6 1.00 J&J # «#• 5s 1951 65 Ask Fort Worth— 100 2.65 b 2.55 to 3.15 b 2.25 to 3.10 b 1.30 to 2.60 b 1.30 to 3.15 6 1.30 -J&J J&D 1939 100 97 107 M 111 113U 111 1939-5$. A&O 15 4s 1938 to 98 4Mb fund 1938-'47.M&N15 Perkins Oo 4 Us fd 38-'47 J&D Stanley Co 4 lsfd'43-'48J&D 109 106 109 M -J&J M&N 1937-1943 1941-1959 4U* Apr 15 4s 1937-1942 4s 1938-1956 Corson Oo 5s fd 1938-'47 M&N Jackson Oo— 107M 108U 103 \04M 4tfs 1976 opt 1946 4Ha Dec 17 1978 J&J 4s July 1939 J&J 4s July 1942 J&J 4s Jan 1 1946--—-----J&J 4s Feb 16 1955 J&J 4s Nov 1 1966 J&J 4s July 26 1972 ---J&J i 8 Us July 1 1986 opt 1956— Philadelphia School Dist— To or Bid Bonds Net Ask Bid Bonds Net Ask To or To or Bid Yield Basis Yield Basis Yield Basis 4.25 % 1941 4s Elec Light 1942 4s 1943 ""V.5o to 4.25 Jaw" 'I 1Q3H at 105. 1943 at 104, 1948 at 103, 1953 at 1 102 and 1958 at 100/ - J&J 6 3.25 J&J J&J J&J 6 3.25 6 3.26 6 3.25 l 1.00 3.00 3.00 to 3.50 3.50 3.50 3.50 3.50 3.50 3.50 3.50 3.50 4.25 4.25 4.25 4.25 4.25 % 3.00 3.00 3.00 3.00 3.00 3.00 3.CO 3.00 3.00 STATE AND MUNICIPAL JUNE, 1937] Quotations for all securities are as near as possible Ask Yield Basis To or To or ssue Yield Basis Yield Basis Bid Bonds 99 BONDS|fp. for the closing day of the month preceding the date ofl Bid Bonds Net Ask To or Net Bonds Bid Ask Net Charleston S D— Roanoke— > 4 Ms Street Impt May 1940 6 3.50 4 Ms Pub Bldg 1941—M&N 6 3.50 4 Ms Pub Bldg 1944-_M&N 6 3 50 6 3,50 —A&O I 4 Ms April 1952 A&O 6 2.00 A&O 6 3.00 3.00 3.00 4>|s 1938-1957-—-A&O 3.00 ■ mun 5s 1937-1952 J&J 6 1.50 Clarksburg 5s 1937-1953.A&0 6 1.60 Clarksbg S D 5s '41 on '21M&S 100 M Hancock County—5s Grant 99 M Road Dist '46 opt '32.M&N Huntington 5s 1944 Oct 6 3.25 % to 3.75 % 6 2.00 6 2.00 to to lt & pr'37-53-M&N 3M mun lt & pr 43-53 A&O 6 3.75 3 }&a mun lt &pr *38-'54A&0 6 2.00 4s 3.00 Staunton 5s 1937-58 M&S 6 2 50 to 3.50 Tazewell Co 5s 1938-46--J&J 6 2.50 to 3.50 Washington County— 5s school 1938-49 to 2.75 3.75 % 4.25 % to 4.10 to Seattle School Dist No 1— 4s 1946-1950 M&N 6 3.25 4.00 % % 100 Mercer Co 5s *44 op '24 A&O 15 Morgan town 5s 1937-48--J&J 6 2.00 „ J&J 6 2.50 to 3.50 6s Gen Fund 1937-1940—J&J 4M% Gen oblig 1937-1943J&J 4% Gen oblig 1948-50 3k% Gen oblig 1950-51 3 M% Gen oblig 1951-52 Clark Co 5 Ms p52 opt *33 A&O Refunding 6s 1953- —M&N 6 1.50 to 2.00 % 2.50 % % 61.50 to 6 2.90 to 3 00 6 2.90 to 3.00 6 2.90 to 3.00 I 101 4.00 Everett— 4Mb Gen oblig wat-1937-59 6 2.00 to 4.00 to to 1 6 2.50 to 6 2.00 to % 3.60 % 3.25 % to 3.75 % to 3.75 % 58 Light & Pow 1942-56A&0 6 4.00 4M Lt & Pr 1939-'58—M&N 6 3.00 to 3.75 to 1937-1946—J&J is July 1946-1948 J&J Is 1945-1954 J&J Js 1937-1943 J&J - 6 2.00 to 3.50 % 2.50 to 3.75 % 6 0.50 to 2.85 6 2.60 6 2.65 to % to 2.70 6 0.50 to J&J 6 1.50 J&J 2.70 to 3.80 to 2 00 0 60 to 2.00 075 0 75 0 75 to 1.25 4s 1937-1944 J&J Milwaukee County— 4 Ms Ct H'se'27-*50 M&N 15 6 0 75 6 0 75 4Mb Sew Mar 12 38-'45 4 Ms courth'se '37-49 J&D16 6 0.75 Racine—4 Ms '37-'57—M&N 61.00 6s 1937-1941 F&A 6 1.00 Racine Co 5s 1938-1940—J&J 6 1.25 to 2.50 to 2.50 2.80 to to 2.50 to 2.70 to 3.25 to 2.75 to 2.75 to 3.25 to 3.75 to 1.25 to 3.25 to 2.80 July 1948-1952 J&J J&J 2.65 2.50 to 2.80 M&S 1937-1946 0.50 to 2.50 WYOMING to 2.70 4s Road 1951 2Mb Sept 1, 1946-1960—M&S 6 2.25 to 2.65 1.40% July 1. 1937-'39—J&J 6 0.25 to 1.00 100 M Charleston 4 Ms '41 opt *27J&J 4.50 050 4.00 to to 2.70 4s 1.00 4Ms 1937-1950 —J&J 6 1.00 Superior 4 Ms Sch '37-'44_J&J 6 1.00 Wood Co 5s 1938. A&O 6 0.50 2.85 2.40 4s 1939-1950 3s Sept 1. 4.10 to 4.50 to 3.25 % to 3.50 % to 3.45 % WEST VIRGINIA '" 3 Ms 1951 and 1952 3 Ms 1943-1952 . 6 2.00 6 2 00 1937-'54—J&J 5s Highway 2.00 6 2.00 Ms ref wat to 2.80 Madison— 4Mb 1938-1949——J&D Milwaukee—5s 1937-*40..J&J 5s July 1937-1940 J&J 4 Ms 1938-1939 J&J 4Mb 1937-1945 J&J to 3.25 % to 5 Ms G O sewer 1939—M&N 5s WTatrev 1937-51—J&D 6 2.00 to 3.60 6 2.00 6 1.50 2.25 _ 2.25 % Ma 4Ms Bridge 1939-19.M&N 1937-1950 M&N Pierce County— 5s Sept 1, 1937 4 Ms 1937-1944 Port of Seattle 5s *37-'55 M&S 4 Ms Jan 1938-1955 J&J Seattle— ' 6s 1938-1941 L & P—A&O 5 Ms L & P 1937-43--M&N to to 2.50 Green Bay— 4 Ms 1938-1947 A&O 6 0.50 6s W W 1937-1960—M&N 6 0.75 Yakima— 4 to 3.50 Eau Claire 4 Ms 1937-'44-J&J 6 0.75 Walla Walla— 3.25 3.00 1.50 1.95 1.75 4MsEIL&P'37-51(s-a) A&O 6 1 50 4s Water 1944-46 J&J 63.25 2.25 to to 2.50 J&J 6 1.50 WISCONSIN _ Revenue Bonds— 5 Ms Water 1938 M&S 5s Water ref1937-45 6 2.00 3Ms Water ref—1937-39 6 2.00 2mb Water ref—1940-42 62.50 County— ' [a Bridge 1937-38--M&N 6 2.00 3.75 % to 3.50 % to 3 .76 % to 4.10 % to 2.50 % Spokane Water Revenue--. 4Ms-4Ms 1937-11 A&O 6 1.50 Tacoma—Revenues— 4 Ms Water *39-'43 (s-a)J&J 6 2.00 4 Ms EIL&P '42-'46(s-a)J&J 6 2.75 % ,03°& to3°5& to 2.50 Ref v_ 5s Wat Wks 1937-52 3.75 1.50 1943-1954--J&J 4 Ms 1937-1954 M&S 5Ms 1938-1953.—---J&J 5s Imp—Marl 1938- 42— 3Ms to 3.50 Wheeling— Spokane— 1 4Ms Park 1962 ....J&J 4s & 4 Ms ref 1937-51—--- WASHINGTON to 3.65 % to 3.60 opt 1941 A&O 6 2.25 1.90 Natrona Co S D No 2— 5s J&J 62 1937-1944 00 f Flat price. 6 Basis. Quotations are as near as possible for the closing day of the month preceding the date of Issue. Unearned Surplus Dec. 31, Par Capital Reserve Surplus 31, Premium 1936 . Dec. Bid. Per Ask. share 96 Knickerbocker (N Lincoln Fire (NY) 46 (Hartford) Aetna Insur (Hartf)._ Aetna Life (Hartford) 10 10 25 Agricultural (Watet'n) Amer Alliance (N Y). 10 5 Amer Equitable (N Y" Amer Fire (Wash'ton; 100 10 Amer Home Fire(N Y; Amer Insur (Newark! Amer Reinsur (N Y)_ Amer Reserve (N Y) Amer States (Ind'nap) Amer Surety (N Y)__ 10 10 25 10 Automobile Ins (Hartf) Baltimore Amer (Bit) 2 Bankers & Shipp (NY) Boston (Boston) 100 Buffalo Ins Co (Buff) 100 GamdenFire(Camden) Carolina (Wilmington 3,000,000 7,500.000 15,000,000 3,000,000 3,000.000 1,000,000 200,000 1,000,000 5,000,000 1,000,000 1,000,000 300,000 7,500,000 5.000,000 1,500,000 1,000,000 3,000,000 1,000,000 2.000.000 500.000 10 N.O.) 12,443.233 19,356,455 18.266,430 6.123.209 4,356,634 6,226,166 340,779 1,859,397 16,284,614 6,123,138 2,118.887 300,000 5,120,993 6,831,284 2.621,129 2,980,159 15,134,403 2,331,872 5,026.399 1.038,021 13,240,995 16,583,266 7.658,984 5,040,327 1,863,963 4,167,426 71.005 770,437 11,483,367 1,190,142 2,024,031 761,633 5,795,443 8,192.322 2,373,440 2.947.936 4.347.850 2,101.956 4,973,696 644,349 92 44 29 84 30M 21M 38M 23 M 41M 86 110 16 M "18 M 12 M 41M 13M 43 M S* 29 45 Wi 54 30 8 101M 635 425 19M 23 m 645 475 400,000 1,500.000 Continental Assurance Continental 441,318 2,492.244 2.000.000 1,841,318 2.168.299 3 10 5.000,000 1,000,000 5 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 2,500,000 502,710 755,095 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 9,800.058 463,678 200,000 % 10 20 10 20 5 10 7,500,000 16,057,897 9,397,690 11,072,999 3,000,000 12.449,757 1,000,000 5,397,308 500,000 1,011.072 10 5 (Glens Falls, NY). Amer Indemnity (New York) 8,125,172 19,276.020 31,895 733.822 3,073,364 609,183 2,226.265 6,397,772 14,792,093 2.953,436 9,050,342 1,200,000 15 tl.163.414 10 Hartford Fire (Hartf) Hartford Steam Boiler 10 10 s Bid. Reserve Per | $ Aek. 10 share 16 M 1,823,101 225,577 144,035 2,799.143 5,476,241 2.799,143 5,476.241 11,035,621 11.035,621 2,000.000 3.747,992 1,000.000 110010,710 750,000 703.250 400,000 3M -— *6M 58 H 4,969,752 3.824,104 53 1,018,205 {lll 1,524,802 1,424,975 11M 1,000.000 1,115,111 750,000 750,000 5,000,000 22,234,295 4,000,000 11,328,842 100,000 320,937 1,100,000 5,520.351 1,117,004 6M 17 M 59 M 1,000,000 (Detroit) 5 10 National Fire (Hartf). Nat'l Liberty (N Y) 10 2 National Cas Nat'l Union (Wash).. Nat Union Fire (Pitts) IZH 5 20 706,343 14,621,852 8M 3,368.880 91,763 8H 19M 61M 9M 17 6.691.342 127 M 13lM Amsterdam Cas 25M 4 2,583,255 Insurance (Providence) (New Brnns, N J)__ New Hampshire Fire 26 80 New York Fire 36 88 37 38 .1 26 M 27 36 M 36 190 215 1.000,000 4,000,000 5.801,131 14 14M 1.000,000 2,447.964 1,453,466 33 35 10 3,000.000 9,282.912 4,314,470 46 47M 20 5 1,576.168 1,000.000 1,000,000 3.208,554 2.000,000 118,000,215 1,000.000 5,932,330 1.636.245 47 M 20 M 23 M 10 mm Northwest Fire & Mar North westernNational (Manchester, N H) 35 (Newark, N J) -. North River Ins (N AH 46 Y) 2M |9,728,971 4* 41 7 43 120 124 5M 1,000,000 3,933,913 8,150,000 28,572,635 2,000.000 2,081,290 688,419 200,000 4,000,000 8,746,031 12,000,000 49,476,073 10 3,000,000 7,955,253 5 14,600,000 04,598,858 Home (N'ew York) Home F & M (S F)„~ Home Fire Security.. Homestead Fire (Bait) 10 1,000,000 4,932,000 10 1,000,000 2,965,086 193,779 1.212,9 Importers & Exporters (New York)——* 5 200,000 422.519 10 557,769 25 5,132.465 129 10 1.000.000 2,751.917 1.691,588 17M 19M 10 3.000.000 7,579.972 4,273.235 35 37 22 10 72 Phila Nat (Phila) Peerless Casualty Phila Life (Phila) — 12,581,703 12,277.295 6,636,525 84 86** Phoenix Ins (Hartf).. Preferred Accident 30 40 M 11M 32 10 10 5 10 10 862,173 25 6.124,501 2,400,810 6,126,390 £42 20M 57 88 27 28 44 22 M 60 92 3,650.717 13,182.221 9 (New York) ton - Washing¬ (Providence) _ it* Reinsur anceCorp(NY) 28,502 102,778 100,000 512,461 8,255,807 30M 31K 131"* 135"" 16 1S4 m 17 18 84 M 86M 1,000",665 2,057~089 879' 151 2,000,000 1.000,000 1,000,000 2,742,889 1,864,874 1,157*237 2,121,180 1,160,062 1,675.507 1,000,000 1,704.712 1,500,000 2,390,949 4,000.000 22,419,614 500,000 1,548,511 1,000.000 1,324,040 2,000,000 4,580,974 1.000.000 1,828,604 811,319 2,848,145 27 8,647.086 606,865 715,016 3,904,700 1,164.001 201 11 Rochester (Rochester)--. 5 25 5 34 M 60 M 36M 40 M 42 917*457 75,031 1,920,780 20,087.097 18M 6 70M 5M 20 8H 19 •vefc 10 (Hartford) 0,765,043 44,874,929 2.129.771 4M 5 65M Security Ins (N Hav). Southern Fire Name changed to Gibral Fire & Mar 10 10 10 Springfield Fire & Mar (Springfield, Mass) Stuyvesant Fire (N Y) 25 5 Ass'ncejCas) 24 25 M 7M 31 35M 100 5,000,000 14,253,397 500,000 1,091,638 4,000.000 Travelers Fire (Hartf) 100 20,000,000 18,118"207 2 1,000,000 2,147,255 U S Casualty convpref U 8 Fidelity & Guar¬ 2 2,000,000 7,329,395 anty (Baltimore)— 4 2,000,000 23,248,606 U S Fire (New York). 10 2,000,000 5,227,916 U S Guarantee Co— 400,000 1.863,501 Univer Ins (Newark). Sun Life 9 24 25 9M American Seaboard F & M (NY) Seaboard SuretyJNY) 26 28 34 8 10 10 10 Reliance Ins St Paul F & M (StP). 32 68 M 58 2 (Phila)— Republic (Dallas).... Revere (Paul) Fire— Rhode Island (Prov). 10 568,614 38,995 4,548,418 31,155,533 23 . 26 Insur Oo of Nor Amer Virginia F & M (Rich¬ mond) West Coast Life (S F) Westchester Fire (NY) Wisconsin Nat Life.. 25 5 !8 1,000,000 1,308,703 375,000 i 649,639 1,000.000 11,613,091 400,000 876,396 » No par value, t Consists of $525,000 1st preferred, $563,413 2d preferred, and $75,000 junior preferred stock, nerged In 1930 with American Reserve Ins. Co. x Ex-dividend. 771.637 3,147*575 27M 132 Providence 42 M 2,073,384 2.226.143 1.000.000 981.327 25 29 (Philadelphia)..... 10 12,000.000 65.872.181 Kansas City Life (Kan¬ sas City. Mo)..... 100 1.000.000 9.478.934 10 1.000,000 Occidental Ins (S F) Old Line Life (Milw). 70 27 101 2,000,000 5,387,212 1,000.000 2,638,603 1,000.000 1.000,000 3,721*132 866,344 1,000,000 230,285 550,000 700,000 256,954 1,000,000 1,381,463 6.000.000 38,182.318 Pacific Fire (NY)... Pan-Amer Life (N O). 38 42 98 50 10 (Milwaukee) llH 2,066,520 5,809,845 4,319,050 25 (Minneapolis) Rossia Ins 1 5 10 Insurance Go of State of Pa (Philadelphia ?£ (Newark, N J) Merchants 24M 26 2,500,000 10,265,336 1,000,000 3,487,420 5 5 15 Hamilton Fire (NY. Hanover Fire (N Y). (Hartford) 1 12 M (Baltimore)... New Brunswick Fire Gr Great Amer Ins (N Y) Halifax (Halifax, NS). '..' V Premium Merchants & Mfrs Fire 248,540 1,000,000 25 5 Globe & Republic 10 5 Northern Ins Co(NY) 12 <2 Franklin Fire (Phila). General Reinsurance. Globe & Rut gers Fire. 2d preferred $ 1,000.000 210,000 Unearned New Jersey Insurance 3,127,599 136,993,878 6,064,272 171,396,914 2.432,617 19,533.628 Firemens Ins (Newark) Georgia Home Gibraltar Fire & Mar Glens Falls Insurance Cas'ty (Phila) Maryland Casualty.. Mass Bonding & Ins (Boston) Merch Fire Assur / com (New York) fpref Merch Fire (Denver). New Casualty (Hammond, Ind) Continental Ins (N Y) Corcoran (Wash'ton). Eagle Fire (Newark). EmployersRe-ins(KO) Excess Ins (N Y) Federal Ins (Jer City, Fidelity & Dep (Bait Fidelity-Phenix (NY. Fidel & Guar (Bait)„ Fire Assoc of Phila Fireman's (Wash'ton) Firemans Fund (S F). 5 Y) 21H Central States Life (St 5 Louis) 10 City of New York (NY) Columbian Nat'l Life (Boston)..—,— 100 10 Conn Gen Life (Hartf) 1936 Capital Manufacturers Aetna Casualty & Sur 10 Par 117 11,322.935 650 455 652,938*688 2,145,325 9^ 13.732,443 9,315,899 23 M 52 M 53 16 2,569,525 406,512 592,908 20,527,486 5,281,108 31,476 a 11M 205M 13 33 211 122 8M 1,155 t Policy reserve, 29 40 15M 33 M 700 465 10 P 17M 42 16 35M Company STATEMENTS STATE AND NATIONAL BANK National Banks March 31 Surplus & Profits Capital National Banks March 31 State Institutions March 31 ALABAMA CALIFORNIA Gross Capital Deposits State Institutions March 31 Gross Surplus fc Profits Deposits Nomi not. Nomi Per Birmingham- Per Lone Beach— share, Farm At March Bank. Bank for Savs.&Trto. WeeternTr & Blrm'ham Tr 3c Sav Common Say Bk Loa Angeles— California Bank— Preferred Industrial Sav Bank. First National Bk— Common Preferred. Common ..... Oltlsena Nat Trust 3c Preferred 4,240,000 5.116,805 .... Savings Bank Farmers 3fc Mer. NatSecur-Pirst Nat Bk— Mobile- ,13150000 Common First Nat Bank Preferred........ Union Bank 3c Trust. Merchants Nat Bk.. Amer Nat Bk3cTr Co 2.460.204 OaklandCentral Bkof Oakland Montgomery- Fanners 3c Mer Sav. Alabama Nat Bank. First Nat Bank— Pasadena— Common........ Preferred Citizens Ooml Tr <& 8 -— First Tr 3c Sav Bk— Union Bk & Tr Co— Common Common Preferred Preferred.. Pasadena-First N Bk Security Nat Bank.. lelma— Saeramento— City National Bank. People's Bk 3c Tr Co. Capital Nat Bank— 9elma National Bank Citizens Bk of Sacra. Belma Tr 3c Sav Bank Merchants Nat Bank Sumitomo Bk pf Qal. SanBernardino— American Nat Bank. Ban Diego— First Nat T 3c S Bk. San National Banks March 31 State Institutions ARIZONA March 31 Diego Tr & 8 B Common.*....... Preferred.. Security Tr 3c Sav Bk United States Nat Bk San Nomi nal. Pur share Biiibee— Miners 3c March Bk. Phoenix— Franeisco— Anglo California National Bank... 15,400,000 Bank of Calif, N A.. 6,800.000 Bank of Amer Nat Tr 3c Savs Assoc..... 50,000,000 Bank of America First Nat Bk of Ariz. Phoenix Nat Bank.. Phoenix Sav Bk 3: Tr 201.447,053 111,713,850 1235510354 22,207.256 1.600.000 Bank of Canton h 500,000 Bank of Montreal 1,000,000 Canadian Bk of Com 1,300,000 Crocker First Nat Bk 6,000,000 The San Fran Bank6.000,000 Yalley Nat Bank— Common Preferred Pacific Nat Bank Wells Fargo Bank 3c Union Trust Co Yokohama Specie Bk American Tr Co— - Tneson— Sen Arizona Bk 3c Tr Common Preferred ...... "4",276" 168 1.000.000 9,000,000 1.000,000 224,900,768 4,396.599 7.500,000 7.500.000 190 152 20,011.243 129,864,381 156,806,115 8,587,751 194 264,446.756 320M 375 13.800 14500 120 ..... 325 330 Ban JoseFirst National Bank- National Banks March 31 ARKANSAS State Institutions March 31 Santa Ana— Commercial Nat Bk. 4160,000 First National Bk— Common......... Preferred Fort Smith— City National Bank. First National Bank. Stockton S 3c L Bank Union Safe Dep Bk. Merchants Nat Bank Little Book— Commercial Nat'l Bk 300,000 Peoples Nat'l Bank. Twin City Bank 200,000 100,000 8,696,403 3,594,649 1,064,675 Union Nat Bank— Common.. Preferred W B Worthon CoCommon........ Preferred A ... Preferred B.. Pine BluffNat B of Commerce, Common........ Proforred ........ Slmmonz Nat Bank. .... Stockton— First National Bank. 300,000 192,500 125,000 800,000 250,000 11,033.515 T a 5641700 435,300 200,000 1,000,000 375.000 Controlled by the Transamerica Corp. of San Francisco, Calif, Outstanding preferred stock consists of $1,140,000 1st pref. of $20 peft - value and retirable at $50 a share, and $700,000 of 2nd pref. stock. b Crescenta-Canada National Bank of Montrose, Montrose, Jf' Calif.; the Bank of America National Trust & Savings Association, San Francisco, Calif. Stockholders of the latter institution approved a reduction in par value of the bank's stock from $25 to $12 M a share and an increase in the number of outstanding shares from 2,000,000 to 4,000,000. The directors ratified the plan on April 13,1937. c Savings deposits, d Common and preferred stock outstanding e March 4,1936. / Dec. 31,1936 g Quotations for the San Diego First National Co., which controls 97% of the stocktof the First National Trust & Savings Bank of San Diego, Calif. h The Bank of Canton of San Francisco, Calif., affiliated with&the Bank of Canton, Ltd. of Hongkong, China, opened for business on MayilS, 1937. i June 30.1936. I Last sale price, n New stock. ^ <' p Par value 100 yen absorbed April 6, 1937 by t „ ,. , , , v, K , , CANADA TRUST COMPANIES AND BANKS June, 1937] National Banks March 31 UJih) 101 Surplus & Profits ' Capital State Institutions March 31- mM™ch3ik' COLORADO Wilmington— $ 312,901 210,000 500,000 3.552,993 976,651 625,000 669,331 203,175 728,012 1,000,000 1.500.000 *2,654,359 902,666 672,600 4,000,000 11,643.576 Central Nat Bank--. Farmers' Bank---.. Capital Surplus & Profits Industrial Trust Co. Union Nat Bank Gross Deposits Par Ask Bid Nomi not. Per share. Delaware Trust Co.. Equitable Trust Co. Security Trust Co... Wilmington Co . Colorado Spgs.— Colorado Sav Bank-. 50?000 Colorado Spgs Nat B 148,667 100,000 1 v 90,000 f 300.000 300.000 Common..... Preferred class A.. Exchange Nat Bank. First National Bank. 82,937 359,820 421.343 State DELAWARE Institutions March 31 Cross Deposits Bid Par Ask Nomi nal. Per share. 2,755,742 17,467,580 2,313,649 3.703,250 10,172,599 15,089.905 8,686,774 55,294,916 100 50 25 25 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 29,649,905 120 130 270 300 43 47 90 100 25 60 190 60 285 100 150 14 180 210 95 ! 160 75 iig 195 292 100 1.714.268 2.443.984 (100 1100 6,972,359 8,834,876 100 100 Denver— American Nat Bk— Preferred.. ........ 92.899 11,303.739 7,739,613 / 50 \ 50 Nomi nal. Anacostia Bank 38.906,936 (100 a 145.000 City Banjc......i^. a 490.000 250,000 100,000 1,000,000 600,000 1100 Columbia Nat Bank- 81,168 1.676,894 100 N O Bank of Co mm A Sav Hamilton Nat Bank- 30,436,566 ( 60 re cent Liberty Nat Bank lee 59,865,097 I 50 100 sa 2,389,408 Lincoln Nat %ink McLachlen BKg Corp 28,298 19,871 2,095,786 1,626,971 1.010.886 614,526 26,289,230 16.502.029 60,000 I Nat Bank— Common.. Per Washington- 100 5.004,030 840.000 11,340,083 Colorado State Bank Denver 427.807 300,000 1 200,000 iOommon Central Sav Bk&Tr a 350,000 Colorado Nat Bank Common 1,000,000 Preferred 1,100,000 .... . 520.000 1,600,000 100,000 a 100.000 550.000 U S National Bank.. 500.000 International Tr Co. Preferred First National BankNational City Bank. Union National Bk a _ 'V ■ Nat 400.000 "loo Nat Metropol Bank. Biggs National Bank Common—... Preferred i 100 100 Minnequa Bank 139,495 3.000,000 14,305,956 1.417,500 a595,000 345,173 248,145 0588,000 3,400,000 4,536,222 100 Pueblo Sav & Tr Co 100,000 199,000 Preferred j 53,496 ,6.213.825 1100 Income debentures Munsey Trust Co Union Trust Co Wash Loan A Tr Co. CONNECTICUT March 100 20 34 100 150 100 200 50 65 100 100 130 500.000 1 1,500.000 alOO.OOO - . Black Bock Bk A Tr - 277,869 72,000 1,536,733 25,242,403 1,023,799 129.221 Brldgep't City Tr C o /2,000,000 Fairfield Trust Oo_ / 200,000 - 5 22,839,438 share. 14 16 26 25 2,462,229 48 48 49 49 25,000 125,000 25,000 1st preferred.... 2nd preferred West Side Bank— - 26 J 165,000 1 100.000 . - 63,324 — — — m - 100 310 325 100 18,172,400 100 170 5,692,031 11,829,955 27,783,451 100 100 90 100 no 100 290 300 1,212,079 987,289 2,304,486 State FLORIDA 300,000 160,000 1,150,000 100,000 4,000.000 r r 100,000 1,600,000 100,000 4,000,000 100,000 250,000 125,000 - - o o . o 209,827 994,989 918,721 Institutions 114.354 4,524,996 197,012 1,967,235 c 134,930 3,579,592 139,029 C 166,574 c 103,535 50,000 \c 50,532 50,000 743,596 600,000 258,067 200,000 100.000 124.877 o o - 25 80 100 50 10 100 100 25 25 25 25 38 450 125 42 6J 280 43 70 65 13 100 25 1,646,131 25 888,520 37,047,236 218,109 8,072,896 2,011,649 100 400.000 100,000 55,060 540,137 66,759 264,177 40,578 300,000 406,465 17,431,684 200,000 1,200,000 100,000 Beach c 120.000 1 o .a 77,737 110,518 35,347 25 5.854,681 1,509,907 25 5,771 100 1.438,519 25 - 100 130 125 100 25 150 100 65 300 "75"" "15" 5,514,578 [ 20 117,699 6,146,845 100 306,115 144,605 4,936,832 3,013,612 100 105 100 120 18,672 24,713 910,994 2,012.457 100 100 ..... [ 20 100.000 0 40 148,905 68,000 Florida Bank . Pensacola— 800.000 200.000 American Nat Bank. Clt A People's Nat Bk 8t. AugustineExchange Bk St Aug St Augustine Nat Bk h BI65" ..... 165"" 58 50,000 200.000 8t. PetersburgFlorida Nat Bank- g 200.000 231,059 8,242,677 25 1,250.000 466,946 798,433 130,540 15,924,061 16,252,396 1,635,671 100 115 100 100 C ..... Tampa— First National Bank- al .400,000 385,573 ...... Orlando- Exchange Nat Bank. 500,000 150,000 100,000 150.000 190 38 First Preferred 35*4 Meriden— Home National ■Ik Merlden Nat Bank-.-a share 14 100 Amer Bk A Tr Co— Common 25*4 100 2,915,054 1,580,925 130,790 180 27 First Nat Bank— 33J4 1100 10.440,211 45,857,037 24,567,251 37,806,558 100.000 0 0 25 739,379 f 25 13 1,053,787 1,136,447 773,751 Lakeland- Florida Nat Bank 25 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 ..... 105 March 31 Per 100 Hartford- _ mmmmrn ---mm 302 Nomi nal National Bank... - 101*4 Jacksonville- Miami r — 275 100 38 First National Bank- 100 1.285.000 mm -mm — 100 Atlantic Nat Bank— 43,000,000 Barnett N B of Jack1,500.000 First Trust Co 211,900 — — — -m--m Miami— 10t 1.270,836 m 36 160 105 290 North End Bk A ' Common mm « 60 Florida Nat Bank... 01.500,000 7& • 140 240 Nomi nal. Per - loo National Banks Bridgeport- m — - 7,486,185 53,816,296 March 31 First Nat Bk A T- ~ 0 Common....... Preferred mrnmmm 200 8.239,587 Nat Sav A Tr Co— Common (100 100 share. 1,000,000 11,672,045 - Common........ 97,785,717 10 613,700 2.000,000 2,000,000 1,000.000 Second Nat Bank Secur Sav A Com Bk Amer Secur A Tr Co 100 23,238,899 1,938,563 211,914 1,631,441 800,000 . 1,072,472 500.000 30,000 345,000 a Wash- cl .050,000 Nat Capital Bank 200,000 ' Pueblo—* c Bank of • First National Bank. 66,338 142,308 521,660 232,243 822,473 299,647 772,264 187,296 639,580 21 15 23 500,000 First Sav A Tr Co— West Palm Beach 190 15 20"" 100 ~ 100,000 Fla Bank A Trust Co. 53,798 933,841 200.000 206,601 8,268,584 West Palm Beach At¬ lantic Nat Bank. _ d _ New Haven— Amer Bank A Tr Co. • . Oonv preferred... 1 - Trademen's 202.324 630,000 567,000 920,000 800,000 750,000 | 100 2.439.600 929,289 9,088,871 12,461,985 931.232 120 54 57 645 45 27.663,520 730,046 110 50 250,000 a . . 100 120" 170,000 1 180,000 . 57.708 74 77 50 84 88 3.039,064 (100 100 135 1100 5 1.458,700 962,930 15.454,633 100 e 800,000 503,563 4,621,870 125 100 130 New London City National Bank- SN a . Norwich—^,'!. . a 348.976 300,000 270.000 84,477 194,006 44,008 2,435,339 1,657,721 802,991 50 re 100 100 sa - k Stamford— First-Stamford Bank A Trust - Nat E i 759,027 997,500 Qa Sav Bk A Tr Oo__ Trust Co of Georgia- s2.000.000 cent les 21 10 40 31,630,869 100 260 275 208,729 3,417,431 100 2,437,832 22,345,518 100 90 875 900 100 ' 427,573 151,350 2,901,293 25 1,951,327 100 1,000,000 200,000 700.000 1,278,553 12,547,110 100 160 165 660,238 5,339,752 8,811,501 100 1.059,341 100 160* 165* 600,000 677,332 11,303,146 100 125 250,000 1 182,523 5,292,909 25 22 32 32 100 330 100 106 19 110 Common . . > 400,000 1,000.000 300.000 , 2,735,515 183,967 9,120,438 3,630,981 -—mm 100 Sale price, t Branch of Savannah. Includes preferred stock or debentures outstanding. 5 Retirement price, \ * c Dec. 31,1936. • d Member of the Atlantic Group'In Florida. e Affiliate of the First National Bank of Atlanta, Ga. f Stockholders of the Bridgeport-City Trust Co. of Bridgeport, Conn., and the Fairfield Trust Co. of Fairfield, Conn., approved a plan to con¬ solidate the institutions on a share-for-share exchange basis. The en¬ larged Bridgeport-City Trust Co. will be capitalized at $2,200,000 and the union will become effective on June 1, subject to approval of the State Banking Commission. a Member of the F'orida National Group. h Affiliated with the Barnett National Bank of Jacksonville, Fla. i April 30,1937. , ^ Waterbury Nat Bk- 22 42 ;■ • a 550.000 200,000 ---mm tio 1,000.000 1 475000 ------ • Water bury— Citls & Mfrs o 1 . 3 Fidelity Title A1 Stamford Trust Co.. 100 2,857.478 4.651,863 640,000 85,035,637 99,036,821 103,490 200,000 Cltis A So Nat Bank- r5.000.000 5.400.000 First Nat Bank Fulton Nat Bank— a . Thames Bk A Tr Nomi nal. Per share Atlanta^— American Sav Bank- Common........ Preferred New LondonNat Bk of Gommer Institutions March 31 State GEORGIA 125 60 Nat . National Banks March 31 I Last sale. - r Combined statement. t Trust funds. x Ex-dividend. y Stock all owned by • , ^ Travelers Insuranc Co. BANKS 102 National Banks March 31 State GEORGIA TRUST COMPANIES National Banks March 31 Institutions March 31 Par Deposits Bid State Institutions ILLINOIS Gross Surplus <& Profits Capital AND Ask March 31 Gross Surplus & Profits Capital Nomi nal. Per share. Nomi nal. $ % iufusta— Per 449,632 2,857,478 137,198 10,205,247 85,035.637 3.258,563 100 760,714 133,699 48,164 330,203 107,421 760,000 Oitls A So Nat Bank. r6,000,000 Nat Exchange Bank. « 400.000 Georgia RR Bk & Tr 6,189,416 2,044.773 100 100 100 100 100 than. 191 100,000 300.000 100.000 850,000 300.000 76,000 200,000 200,000 Fourth Nat Bank Home Savings Bank. March A Mech Bank Cent Nat Bk * Tr Oo 600.000 Bk&Tr 2,000,000 750,789 807,254 1,323,009 21K loo First Nat Bk of Ool.. 1,175,400 2,605,767 1,560,959 First Nat'l Bank 90 94 Union Nat'l Bank... ' o Com Mer Nat cent sa les First 660.000 National Bank. 200.000 100,000 150.000 Common City Bank A Tr Co 110,000 500.000 _ First Nat Bk & Tr do « 85,035,637 1,227,337 7.394,738 22 loo 100 Quincy— 10 2,857,478 159,495 173,989 Citizens Bk * Tr Oo Common 92,485 1,645,448 200,000 I 146,000 Debentures...... 10 85,035,637 4,536,916 4,495,236 22 20 , 85,000 1,375,000 670,367 o ent les 155 100 100,000 16,673 200,000 199,000 36,764 Mercantile Tr & S Bk 200.000 5.600,122 Peoples Bk of Quincy S'thSideBk of Quincy State St Bk * Tr Co 100,000 300,000 129,509 40,915 14,816 90.780 *50 200.000 250,000 500.000 500.000 Debentures 23 H 50"" 5 100, sa 2.115,270 I 20 » B'dway Bk of Quincy 111 State Bk of Quincy Savannah— r5.000.000 600,000 Liberty Nat Bk * Tr Bavannah Bk * Tr.. i 686,600 rec 23 X Common....... Cltis* So Nat Bank 15,000,924 93,561 1 N 50 20 11,632,384 24,934,625 Jefferson Tr ASav Bk Capital notes 2,857,478 84,469 219,404 100 100 100 7,276,258 1,478,291 161.817 Peoria— N re South Side Tr* Sav B Macon— Oltls & So Nat Bank. f5.000.000 1,4?3,286 71,284 643,834 Elgin Nat'l Bank... 20J4 Oolumbus— Columbus Bk & Tr.. $ Elgin- 196 no Ask Bid Par Deposits 100 i55 *125" 692,039 607,660 1,514,473 100 8,445,764 4,504,850 100 6.947,121 40 509,568 9,876.091 100 130 60 40 100 298,062 98,175 256.688 50.000 40 3,473,671 1100 100 Rockford— Illinois Natl Bk * Tr Oo Swedish-Am Nat Bk. Third Nat'l Bank National Banks March 31 IDAHO State Springfield— Institutions First National Bank. Illinois Nat Bank- March 31 Common... Common 150,000 1 70,000 r 500,000 Springfield Marine: First State Tr * R Bk 600,000 1 483,868 600,000 / 1,165.000 1,424,330 125.000 b 41,544 ........ Preferred... First Security Bank. Boise Trust Oo 18,992,127 100 N ea 11,378,368 100 8,480 None 100 ILLINOIS 160.000 300.000 112,455 170,707 65,744 392,600 3,361,415 4,950,805 3,096,867 Belleville Bk * Tr Oo Belleville Nat Bank. 160.000 69,202 100.000 38.622 Belleville Savs Bank. First National Bank. St. Olalr Nat Bank— 300,000 289,775 200.000 278,792 175,060 150,000 State Institutions Dec. 31 Nomi nal. share. Evansville— Citizens' Nat Bank.. Citizens Tr * Sav Bk Franklin Bk & Tr Oo o re % cent , 750,322 100 14,213,196 1,201,320 1,220,112 2,796,422 1,135,499 2,281,840 4,142,550 2.266,640 100 100 100 90 100 I4 175.000 Old National Bank— Common Preferred 500.000 500.000 285,652 Mutual 1,478,157 7,693,351 1,200,000 694,268 17.767,077 20 N o 400,000 420.000 375,172 15,625,363 20 re cent 20 sa les 200.000 50,000 300.000 16,340 1,055,554 20 983,472 11,080,391 20 712,400 18,994 11,453,000 1,925,547 100 Bank Lamasco lee 100 500.000 100.000 150,000 100,000 500,000 mmrnrnm rn'rn'mmm 1(M) 245 250 100 100 150 ... 200.000 State Bank.. Am Nat Bk * Tr Oo. <1,650.000 200.000 Austin State Bank. 100,000 Beverly State 8a \ Bk Central Nat Bank... 200,000 City Nat Bk * Tr Co 4.000,000 Oont 111 N B & Tr Co 52,058 2,441,599 886,968 42,805,456 79,899 4,058,908 52,521 1,896,738 79.256 3.641,054 2,351,175 103,793,486 . ........ 100 Ft Wayne Nat Bank Common.. Preferred 100 "270" 285" 100 10 75 15 lOu 145 District Nat Bank 85 ISO" 100 1,528,474 I,531.653 100,000 1 ...... 58,453 2,289,110 125.317 6,111,422 857,765 23.560,215 First National Bank 30.000.000 30,684,550 759,996,576 First Nat Englewood 200.00U 753,388 5,536,963 Halsted Exch N at Bk 200,000 144,918 5,259,662 Hamilton State Bk 200,000 54,310 1,784,152 250,000 Kaspar Am State Bk 63,386 1,938,754 ______ 100 a 33'i mwmm mm- ..... 275,000 1 Preferred 325.000 300.000 Liberty Nat'l Bank live Stock Nat Bank Madison-Crawford 38 45 170 305 170 115 180 40 100 Debentures GaryI Gary State Bank— Gary Tr * Sav Bk.. i I - Metrop State Bank_. Mid-City Nat Bank Milwauket Av N't Bk i 94,375 126.059 707,863 62,901 77,364 76,391 55,825 200,000 400.000 . 200,000 Mutual Nat Bk of Ob 300,000 Nat'l Builders Bank. i 500.000 Nat'l Boulevard Bk 600.000 National Security Bk 200,000 North Shore Nat Bk. i 200,000 Oak Park Tr&Sav Bk 500.000 Personal Ln A Sav Bk 2.000.000 Pioneer Tr & Sav Bk i 500.000 Sears-Com State Bk. 2UO .000 Security Bk of Chic. 700,000 350.000 Secdnd Security Bk. Bkala State Bank. 200.000 South East Nat Bank 200.000 State Bk of Clearing. Terminal Nat Bank. Unlv St Bk of Chic.. 120.UUU 200.000 i 299,5 X Upper Ave Nat'l Bk. Uptown State Bank. 300.000 300.00f West 31st State Bk.. Western State Bank. 200.00( Amalg Tr * Sav Bk. Banco di NapoL Tr Chic City Bk & Tr. Drovers Tr & Sav Bk lUO.OOO i 425,0 J( 300.000 800.000 t East Side Tr*Sav Bk 650.000 200.000 Harris Tr * Sav Bk. a.ooo .ooo l-O Bank & Trust Oo 200.000 798,000 Lake snore Tr * S Bk i Lakeview Tr * 8 Bk 600.000 Mercantile Tr * Say. 600.000 Northern Trust Co.. 3.000.000 300.000 Pullman Tr * Sav Bk 279,401 1,476,914 200.000 200,000 600.000 200.000 ... 11,649,675 196,338 192,648 611,364 146,181 43,173 175,225 1.468,071 845,031 23j>,108 c c 226,828 126,142 56,933 68,232 35,666 269.515 141,647 262,034 321,003 10,194,674 23.598,613 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 2.442 2.614,421 5,312,971 2,177.308 5,344,172 5,448,506 5,244,386 6,945,355 605.295 18,291 154,587 2,783,858 246,166 7,257,544 152,827 4,679,099 1,009,683 19,887,455 9.896,852 317,526 828,148 58,935 10,085,533 173.077,776 44,506 2,101,708 246,457 10,212,078 1,203,387 22,721,801 376,867 11,879,710 9,485,945 277,767,465 297.962 7,460,123 13,742,627 1100 1100 lot 43 180 125 47 I10 11 n 20 25 100 100 Live Stock Exch Bk. Marlon Co State Bk. Merchants' NatBk.. People's State Bank. era 190 275.000 100 95 100 100 53 f Common 138 105 280 «* mm 100 95 120 20 25 100 145 m m 145 100 100 15 mm m City Nat Bank > Citizens Tr * Sav Bk First Bank * Tr Oo. i 110 Merchants Nat Bank i 185 r; m'+i St m 70" 50 . 150 m,»•- * loo" 212 195 200* 100 70 100 350 400 122,863 143,830 201,712 157,209 44,624 2,983,273 1,258,389 9,025,776 4,077,140 2,774,650 10 100 100 100 100 N o re cent les 5,183,070 J100 200,000 477,500 133,561 500,000 440.000 568,665 •16,462,726 f 20 ( 10 1100 Common...... Preferred mm 39" 37 90 • 100 195 f 100 100 mmmrn'mm m mmmm'm'' * mmmrnm Sale price, t Branch of Savannah. m m m m m mm m mm • a +mmmm* mm * ' m. mm mm 120 6 June 30, 1936. " 130 100 160 167 • 1 it* o mmm C 90 Dec. ,< 31, 1936. / ■ d New stock. » e 460" Affiliate of the First National Bank of Atlanta, Ga. / March 31.1937. m 50 Preferred stock retirement price. » m' 50 20 265" 132"" 142"" 100 "165 *247" * mmmmm 100 3§0** 140 130 sa Preferred Terre Haute First Nat Bank— 36 100 lO'i 250.000 250.000 f 800,000 250.000 Joseph L & Tr Oo <1,000.000 Common "ioo 100 14,536,087 3,631,057 21,044,652 100 Merchants NatBk.. 160 145 31 25 100 (100 Terre Haute— iQ 80 150 100 50 100 20 37,050,278 mmrnmmm mm* §56* South Bend— 30 155 175 }8M alO mm' 110 12 100 50 100 894,938 935,000 Indiana Trust Co... l.ooo.onn 1,231,899 i 399,200 / 226,991 Security Trust Co.. Union Trust Oo 1,000,000 1,839,465 115 270 «r 1,500,000 / ..... Debentures 100 17 Fletcher Trust Oo— 205 60 100 100 100 Trust Co... fidelity Trust Oo... 100 20 1()| 400.000 1,000,000 U,048,562 28,261,542 f 10 I 10 925.000 1,712,226 100 99,217 100.000 5,601,027 107,050,034 100 3,000.000 1,535,980 100 i 180,287 200.000 517,160 100 i 50.000 18,920 1.250.000 2,120,624 29.153,532 100 100 2,264,445 122,909 i 450.000 3,062,817 100 500.000 557,291 2,916,054 100 185,000 166,515 Common Class A preferred. Fountain dq State Bk Indiana Nat Bank.. 310 1 1,000.000 Main State Bank... M erchandise Nat'lBk g Merchants Nat Bk.. 256,228 100 American Nat Bank 30 !(»• Lawndale Nat Bank Common... 110 100 100 Indianapollt- J 20 1 .... People's Tr A Sav Oo i ; 100,000 Preferred........ Drexel State Bank.. i 448,750 Drovers Nat Bank.. 1.000,000 100 136 ...... 45,275 Common.... ; 134 Preferred........ 35.000.000 402,245 100 100 821,985 11,915,255 1,536,532 Dime Trust * Sav Bk 100 40,000.000 122611391 935,712,727 / 331, Cont Nat Bk & T Oo 1,500,000 250.000 Oosmopollt'n Nat Bk i 177,444 24,293 25,734 552,603 47,210 Fort Wayne— Lincoln Nat Bk * Tr Aetna INDIANA Peoples Savings Bk. N 100 Chicago- Natl Bank nil' National City Bank. 100 Belleville- ; 50 North Side Bank—. Aurora— Merchants Nat Bank Old Second Nat Bank < Common i State Institutions March 31 Nomi nal. Per short- Aurora Nat Bank— Common / 50 les 100 National Banks March 31 National Banks March 31 Z100 cent 100 4,830,386 343,766 160 150 o re 28,205.896 93,649 222,818 200.000'c ... Preferred Nomi nal. Per share. Boise City— Ida 1st NatBk ofBoise inn "98 ' 100 250 285 100 180 190 lOu 735 755 100 160 g Charter issued May 6, 1937 to the Merchandise* National Bank of Chicago representing a conversion of the Merchandise Bank & Trust Co. of Chicago, 111. : 1; ■■ 175 i Common and. preferred stock or capital debentures outstanding. n r • Reserves. Combined statement. V Ex-stock dividend. If National Banks March 31 March 31 March 31 . Ask Bid Par Deposits State Institutions March 31 LOUISIANA Cross Surplus & Profits Capital National Banks State Institutions IOWA 103 TRUST COMPANIES AND BAMS June, 1937] Cross Surplus & Profits Capital Bid Par Deposits Nomi nal. Oedar Rapids— Merchant* Nat Bank 500.000 al ,275.900 149,367 26,/ 89 People'* Sav Bank.. d 107,895 N 100 20 100 31.587,928 2,558.867 3,883,071 4,056,054 923,071 250.000 50.000 United State Bank.. share. 100 100 2,100,000 3,288,859 40,175 92,513 75,000 100.000 Per $ $ Burlington— Farmer* A March S B First National Bank. Baton RougeCity National Bank Common Preferred Louisiana Nat Bank o re Common..... cent 8a les $ 300,000 250,000 jl,143,827 10 12 13 8,340,942 J 313,584 1,000,000 1.250.000 8,252,375 J 253,400 300,000 274.000 ... Preferred New Orleans— Ask Nomi nal. Per share. /100 100 110 I 80 Amer Bk A Trust Co Council Bluffs— Olty National Bank. Oeun Bluffs Say Bk. First National Bank. 177,676 55.700 I J Common...... Preferred State Sayings Bank. __ 100 100 82,444 1,666,803 100 902,712 25,592,039 100 619,507 600.000 De* Moines— Bankers Tr. Oo— Common Preferred A 250,000 650,000 100,000 150.000 22,079,459 Preferred B Cap City State Bank Cent Nat Bk & Tr Oo 604,528 -Common ...A 1,250,000 1,750,000 Preferred Heme Sayings Bank. d 150.000 University State Bk. 50.000 Valley Say Bank 150,000 1,012,543 c25 100 1,816,502 89,618 550.000 450.000 150,000 Common.... Preferred Des MoinesBkATrCo d clOO lioo National Banks lioo 253,001 4,103,264 92,824 N o Bangor— 237.653 300.000 ........ Preferred 600,000 750.000 | 485.851 600.000 200.000 400,000 400,000 485,784 175,464 275,999 287,041 425,000 600,000 150.000 Preferred B 100 National Banks March 31 105.000 144,031 5,095,430 flOO 95.000 100.000 295,281 4,271,372 Common... uoo 100 376,441 60.000 140.000 50.000 200.000 500.000 100.000 100.000 Preferred Haw Valley State Bk Merchants' Nat Bk. ....... . Nat Bank of Topeka State Sayings Bank. Tepeka State Bank.. [ First National Bank. Nat Cent Bk of Bait. o cent sa 11,464,012 UOO 1,290,140 I 100 676,804 2,598,030 100 les 1,064,131 flOO \150 715,422 1UU 100 6,437,734 35,753 47,668 154,786 530,373 23,836 28,700 9,222,679 1,436,122 1,500,000 Kansas State Bank.. Southwest Nat Bank Union National Bank 806,855 20,512 200,173 100,000 200,000 • Common 100.000 100.000 100 100 17,602 Common Second Nat Bank— 100 377,608 5,001,122 Common 957,423 34,140,365 f c62X 200.000 I' 273.644 100.000 550,000 330,108 250.000 052,796 Common... Preferred Peop-Llb Bk & Tr Oo OovingtobTr&BkgCo 100 5,322,431 4,844,865 f 10 I 10 6,466,625 100 10 1,671,647 t 20 50 200.000 350.000 1.000.000 150.000 150.000 500.000 [ 90,467 100 3,036,873 t' 17X 61 140 43 30 20 62X 160 50 36 44 34 25 100 41 19 22 25 108 110 20 23 399,000 154.378 5,776,198 100 a41,421 1,292,374 I 25 252,869 5,953,316 50 (-5° 50 26,102,887 1,551,127 24,315.078 33,350,771 "275" 100 58 100 670 10 3 585 6 1105 135 155 130 3,136,496 J al08,186 100,000 200,000 125,000 935,414 225,297 454,376 5,635,617 100 1,679,718 4,575,038 25 99,441 1,592,978 ( 15 \ 15 391,219 33.254 4,048,345 577,806 100 116 U? 20 75,000 1 60,000 "60" 65 Common 150.000 Fr'k Town 8av Inst. West Maryland Tr 100,000 .. 10 c25 E? 20 '"58H 61 5H 7 105 National Banks March 31 MASSACHUSETTS 5 Boston— State institutions March.31 ^ 50 3,357,112 2,374,206 4.197.277 100 041,924 1,171,74; 58.470.Cl3! 100 10< Bank- 27,812.500 3.000,000 Merchants' Nat Bk. 1,500,000 Nat Rock Bk of Bee Nat Shawmut Bank- 10.000,000 2.000.000 Second Nat Bank.... 1,000.000 Web A Atlas N Bk.. 105 300 160 350 10 Per ' First National 10 12,853,305 ...... 190.000 I a391,671 182,585 491,867 Bank of Commerce 100.000 106,337 1.000.000 2,861,424 2.000.000 al ,653,733 Fidelity A Oolum Tr. First National Bank. 1.000.000 2,517,966 Liberty Natl Bk A Tr dl.839 500 al40,340 100.000 People's Bank o36,071 Security Bank 300.000 169,756 KentuckyTltle Tr Oo 01.000.000 1,041,081 Lincoln Bank A Tr.. 750.000 618,098 100 000 Stock Yards Bank... 118,388 Louisville Trust Co. dl,995,000 1,144,540 United States Tr Oo. 525.000 110,663 NewportAmerican Nat Bank. 100.000 126,076 100.000 445,040 Newport Nat Bank.. Bank.. 6 10 100 200 25 1.403.276 1,038,363 Citizens' Union N B. Sav «•«-•»*»*» ... 10 Nomi nal. 236,687 387,500 Security Trust Oo... Louisville— Central 55 45 10 LexingtonBank of Commerce.. d Preferred First Nat Bk A Tr Co Second Nat Bank... Union Bank A Tr Oo ""75" 100 Frederick Co Nat Bk Citizens Bk & Tr Oo. Common...... 28 FrederickCitizens' Nat Bank.. Preferred 403,971 8 26 10 150,000 300.000 ... Capital notes Institutions March 31 f Covington— share 5 10 Liberty Trust Oo— 1UU Nomi nal. Per share 200.000 Institutions 100,000 1 100.000 500.000 ... Capital notes inn State • c40 March 31 33,641,672 First Nat Bank—— d 3,638,913 /«!»« \ 62t, 50 1,057,227 KENTUCKY Citizens'Nat Bank. First Nat BkATrOo 40 Cumberland— Farm A Mech N Bk. March 31 35 1,000,000 1 977,392 1,800,000 1,600.000 a3,852,800 600.000 235,228 2.000,000 4,274.871 2,500.000 2,053,375 Comm'l Bank of Md National Banks State 900,000 1 9,438,755 366,957 380,000 3,570,470 100,288 d 325.000 1,497,921 152,014 80.000 1,343,917 185,489 300,000 4,000.000 6,605,011 155,649,618 6,046,998 501,600 400,000 5,717,319 540,465 600.000 575,039 12,018,927 750.000 2,324,023 272,529 400.000 2,000,000 1,274,651 33.355.967 821,819 17,797,470 1.000.000 Safe Dep A Trust Oo Union Trust Oo 100 117.778 100.000 Preferred Union Stock Yds Nat 35 50 1! 40 12,824,184 Peoples Bank— 1,223,337 1.000,000 1.000.000 33 50 600,000 I Real Estate Tr Co.. 100 26,980,355 21,556,678 1,095,776 1,796,018 Nat Marine Bank Western Nat Bank.. Colonial Trust Oo Equitable Trust Oo. Fidelity Trust Co.. Maryland Trust Co : Common Capital notes Mercantile Tr Oo— WichitaFirst National Bank. Fourth Nat Bank... _ 323.791 d Carrollton Bk of Bait Oommonw'lth Bank. N Fidelity Say State Bk Guaranty State Bank Common.. I 500,000 ... Preferred re 280,411 9,242 71,872 43 Per Calvert Bank 100 100 100 2,141,535 2,536,471 923,016 26.383 500,000 400.000 77.500 200.000 f MARYLAND Bait Comm'l Bank.. Topeka— Oentral Nat Bank... Central Trust Co... Citizens State Bank. 30 40 20 Baltimore Nat Bank Canton Nat Bank 235.970 105 100 25 Baltimore— ; 100 2,704,544 Common Preferred Riverview State Bk. 50.000 100 9,033,472 3,609,900 5.207,095 6,560,124 Nomi nal 10 150.00C 1100 11,308,718 f 10 155,666 o 100 100 1,707,287 2,721,000 6,009,383 138.052 150.000 100 PortlandCanal National Bank Nat Bk of Commerce 200.000 Leavenworth— First National Bank. Leavenworth Nat Bk Manufac*rs State Bk les 39 Portland Nat Bank- Exchange State Bank Security Nat Bank.. ; cent / 20 sa Common........ Preferred...i..... March 20 448,000 ........ N re 13,845,901 200.000 Warises City— Oemm'l N Bk of K O Common 100 1,000.000 State Institutions 63,985 104,500 243,584 150.000 150.000 250.000 10.433,690 9.364,893 Merchants' Nat Bk. Nomi nal. Per share. First National Bank. 272,555 1,028.306 36 25 ' Eastern Tr A Bkg Oo Merrill Trust Co- 7.798,933 5,137,624 *100 6,865,632 100 5,532,746 100 100 2,014,484 a222,043 213,184 369,498 189.329 50.387 100 9,172,420 7.901,715 611,425 les Hutchinson— Exchange Nat Bank. March 31 cent sa Common........ Preferred A.. American Nat Bank. 110 115 105 107 90 Nomi nal. Per share Depositors' Trust Co 100 10 KANSAS March 31 105 100 100 ion 346,101 407,702 900,000 Casco Bk A Tr Co... First National Bank. National Banks 80 State Institutions MAINE First Nat Granite Bk d 100 100 8,694,283 4,108,055 413,968 100.000 27,668,001 19,100,696 8,334,007 Augusta- 100 100 1,508,706 195.925 300.000 250.000 695,997 594,507 180,611 1.000,000 1,000,000 700,000 March 31 Sioux City- Toy Nat Bank Security Nat Bank.. Woodbury Oo Sav Bk 75 42,664,646 flOO 30,617 16,033 400.000 398,000 25 X Shreveport— c25 re First National Bank Live Stock Nat Bank 25X Oont'l-Am B A Tr Oo 1,284,340 21,187 300.000 250.000 1,500,000 1 802,768 42,615,798 f 20 \ 20 1.200,000 20 1,962,559 109,977 208,000 26 2.800.000 6,177,902 110,016,342 657,271 20,346,430 1100 _ First National Bank. Amer Tr A Say Bank 25X First National Bank. Commercial Nat Bk. lewa-Des Moines Nat Bank A Trust Oo: Dubuque— 43,573,097 f 20 \ 20 1.500,000 1 1.200,000 Preferred _ 25 100 Nat Bk of Commerce Common Preferred " Louisiana SB A T Co Whitney Nat Bank f25 25 32,187.485 flOO 1100 Bk ...... ; Davenport Bk A Tr. C100 1100 100.000 ;. Common........ 1,608,476 /100 59,967 44,300 Davenport— _ Common Preferred HIbernia Natl ........ 150.000 150.000 79 100 100 100 1250 ,2ti 33 X 167 ♦Sale price. a c Dec. 31,1936. Retirement price. d Common and preferred stock / Citizens' Union g or capital notes outstanding. Fidelity unified certificates. Affiliated with the First National Bank of Louisville. h Member of 1,727,514 51H 460 10 1001 353 360 10,544.517 loor 34,907,680 100 150 153 24,995,843 3X 4 10 603,757 100 110 2,990,536 115" 100 0101 3,280,592 14,614,034 100 131 134' 100 1,176,407 100 10 14,428,990 is" 100 1,560,203 90 1,696,703 4,460,157 49,825,336 639,830,621 12 X 5,561,146 86,702,956 1()0 20 2,844,380 28,730,705 22,393,506 176,567,932 4,614,666 77,230,526 '60 419.377 12,188,101 k Units. I Last Sale. Northwest Bancorporation. v • 45 share 52 470 81 33 J4 172 47 104 BANKS March 31 ** MASSACHUSETTS Capital U 8 Trust GoCommon 700.000 450.000 100.000 Convertible pref_. Wlnthrop Trust Oo. . Ask Nomi nal. Per share, cl,617,221 189,905 3,920,933 260,713 638,907 776,770 2,916,866 5,235,103 364.088 100 100 100 100 35,711,849 2,276,620 9,352,166 1,808,613 r280~~ 100 r400 I None 6,354,246 82,267,725 100 165" 5.169,121 100 330 1.398,427 12,395,899 10 2,515,765 3,846,888 1,403,253 Vk* 20 19 100 315,728 72,025 300.000 100.000 Brookton— Brockton Nat Bank. Heme Nat Bank... 706.860 100 100 524,517 412,282 500.000 d 135 70 62 20 8,302,399 7,557,871 140 75 65 60 160.000 300.000 1.000.000 100 425 10 20 616,974 c 6,238,848 476,348 c 4,515,230 1,191,167 cl9.307.614 72 500 13 73 11 Everetc~ Mlddlesex Oo Nat Bk 500.000 818.183 Common ........ Preferred.... 400.000 427.500 800.000 234,741 497,688 147,664 90 208 600.000 Gloucester— Cape Ann Nat Bank. 849.079 250,063 994,136 150,469 140,530 receDt sa les 1 ' 70* 72 558,368 25 18,652,327 f 10 I 10 907,869 J 300.000 140,000 g f 20 20 j 1,815,602 I 27 rnmmrnmm — rnmmmmm 20 mrnmm mmrnmm • 1,916,271 <714,799,610 f 20 I 20 37,557 980,781 100 543,771 g 6,631,465 100 •••a 75 65 35 30 - 20 189*475 34 20 23,772,566 8,743,282 560,183 - mmm 33 36 ' ; 1 ..... 30 20 19 22 9,431,587 / 20 16 \ ' 92,654 250,000 28 5,118,955 j 317,700 Rapids- l 366,146 1,274,759 "* rV ■ 19 f20 120 l Common 110 ; 11,311,889 c42,015,462 10 no 10 50 9 10 1® 30 20 25 22 410,602 315,585 576,262 <7 g 640,494 2,598,914 2,107,368 97,069 c 4,794,248 20 1,809,028 c26.618.094 100 ' Union Bank of Mich. 33 150 30 100 110 110 Rapids Tr Oo. 19 17 8,265,311 110 336,329 J Common........ 10 {18 • c / Preferred Old Kent Bank— Grand 100 8,007,173 Oft 10 10 Preferred 10 20 6,694,904 2,508,694 73 <• 115 25 ;'1': Preferred 200.000 300.000 67 "165" Peoples Nat Bank— HaverhillHaverhill Nat Bank. Merrimack Nat Bank 60 1 J 150.000 500.000 ..... Common 100 3,465,130 1,457,308 3,682,888 163,545 162,672 20 112710122 371,884.086 1 . No 160.000 120.000 340.000 Glouc Nat Bk of Olou Gleuces 8 D A Tr Oo 220 20 11,350,000 C132096.507 I V 126.583,923 90.983 22,541 '3,521,682 1,423,260 1,360,898 Central Bank... Nat Bk of Grand Bap 100 6,975,266 50 1 nal. FUnt- Grand 80* Fitohburg— Safety Fund Nat Bk. share 210 $ $ Ask Nom Per 899,387 c54.581.780 Olt Com & Save Bk *1,000,000 Genessee Oo Savs Bk 700.000 Common. 100 100 100 6,395,218 7,661,049 3,379,743 Bid Par ........ Preferred........ Fall Biver— Fall Blver Nat Bank Durfee Trust Oo.... Fall: Biver Trust... • Deposits Nat Bank of Hint 10 8,730,485 $ Detroit-— ' ' Oom'wealth-Corn 1 *4,150.000 State Bank Detroit Bank....... 1,500,000 Common..... Preferred........ 3,750,000 3,000.000 Mfrs National Bank. Michigan Ind Bank * 223,129 Nat Bank of Detroit:; Common........ 5.000,000 Preferred 10.000,000 United Savings Bank 500,000 Common........ Preferred........ 935,000 Equitable Trust Co— 500,000 Common 101.260 Class "A" pref... Class "B" pref— 127,000 Detroit Trust Co- Highland Park Trust Un Guardian Tr Oo. Cambridge— Cambridge Trust Oo County Bk A Tr Oo. Harvard Trust Oo... March 31 OrOss Surplus & Profits — 17* ,10 147.284 Capital ... 100 37.312,761 - BeverlyBeverly Nat Bank.. Beverly Trust Oo... State Institutions MICHIGAN ' Bid Par Deposits $ 760.000 2.000.000 100.000 2.600.000 Day Trust Oo Fiduciary TrustOo.« * 600.000 Now Eng Trust Oo.. 1.000.000 Old Oolony Trust Oo 16.000.000 400.000 Pilgrim Trust Oo State Street Tr Co.. 3.890.000 National Banks March 31 I 31^* March COMPANIES TRUST Cross Surplus & Profits Boston— Banc Oom Ital Tr Oo Boston 8 Dep A Tr_. Columbia Trust Co.. AND Michigan Trust Oo. c Holyoke— Holyoke Nat Bank— Common 250,000 415,000 Preferred Park National Bank - Common 100.000 191,000 Preferred Hadley Falls Tr Co.. £1,400.000 Lawrence— BayBtateMerNat Bk 600,000 400,626 : 292,487 413,466 4.029.028 572.702 11,749,819 Lowell— Appleton Nat. Bank. Union Old Lowell National Bank.... 300,000 1,000.000 1,250,000 rnmmmm mm 100 25 National Banks 120 24 MINNESOTA March 31 Institutions State April 3 27 Nomi nal LynnDuluth— Central Nat Bank— 200.000 190,000 200.000 136,429 3,287,018 256,557 \ 50 3.292,351 100 Common........ 200,000 89,567 Pr eferred 250.000 250,000 100.000 Common........ Preferred.... v Manufac'rs Nat Bk. National Oity Bank ....... _ Essex Trust Oo Lynn 8 Dep 4c Tr Oo Security Trust Oo... _ mum mm 25 25 .7.191,740 389,000 k Second Nat Bank A Tr Oo 60 100 100 20 9,858.029 SaginawSaginaw State Bank- 50 2.757,226 171,934 60 60 400.000 461,252 610,209 748,416 3.001,811 c City National ttank- /50 J 50 I 50 3,273,811 100 3,496,200 100 9.238,984 20 "165"" 600.000 Duiuth Nat'l Bk Jfc First A Amer Nat Bk J 50 100.000 200,000 2,000,000 Minnesota Nat Bank of Duluth Northern Nat Bank. Pioneer Nat Bank... Western Nat Bank.. * 385 40 e 5,685,726 9,148,200 1,082,350 884,780 146,055 100.000 100.000 723,781 6,305,948 1,816,448 27,909,441 212,467 357,681 48,513 27,173 400,000 1,000.000 share. 100 ion 25 28,866 332,139 54,834 991,989 2,001,668 6100 100 N 100 100 re 100 sa les cent 66'< Minneapolis— Hew Bedford- First National Bank. Merchants Nat Bk.. Safe Deposit Nat Bk 425,000 410,110 464,216 411,765 200,000 90,732 725,000 500.000 Peabody— Warren Nat Bank Per Bank of Comm & Sav .. Salem— Merchants Nat Bank Naumkeag Tr Co— Common Preferred A Preferred B...... 548.500 121,528 8,019,270 50 9,476,468 20 5.926,006 12* 23 1,947,996 60 Marquette Nat Bank fc 12 Midland NatBk A Tr * Minnehaha Nat Bk b N'western Nat BAT 15* 100 3,507,983 62 59 50 — 18 6,524,457 14,933,914 10 Springfield— 28,332 22,446 394,250 990,000 100.000 5.000.000 12,959,645 115,204,895 1100 mix 2,500,000 1100 b 100,000 40,016 1,304,594 i 13,150 50,000 1,015,133 i 100.000 125,971 1,476,498 <100 * 125.000 115,570 2,831,041 <100 RochesterFirst National Bank. Union Nat Bank... HM o o 285,704 Preferred Produce State Bank. 2d Northwest State. Third N'west'n N Bk 4th Northwest Nat'l. 11* 16 430,288 1,658,262 i 1,588,830 <100 6,766,355 136,824,954 b 20 34,764 914,069 100 5,569,736 inn 173,413 384,574 16,520,158 <100 42,568 1,656,605 6100 145,500 Fifth No'west'n N B. 100,000 First NatBkA TrCo 66,000,000 Hennepin State Bank b 100,000 Common 250.000 200.000 200.000 100,000 Blooming' n-Lake NB Central Nat Bank... 11* Springfield Nat Bank Common Preferred Third Nat BAT CoCommon Preferred.... Springfield 8I)A Trl Union Trust Co West Spring fluid Tr. Taunton 1,000,000 1.500.000 9* 10 1.600.000 12,434,387 460.000 1.000.000 1,226,186 1,000,000 1,734,266 110,371 195.000 30,237,107 /100 350 uoo 11,894,994 25 "65* 13,981,642 25 61 1,700,804 26 65*" — Machinists' Nat Bk Bristol Oeuity Tr... 200.000 800.000 272,602 295,459 1,907,870 4,151,279 200.000 176,605 76,678 125,000 No re cent 4,593,481 plOO 100 1,820,363 sa les 100 25 25 8t. PaulAmerican Nat Bank. *1,700 000 Commercial State Bk * 150.000 Drov Exch State Bank ok 200.000 First National Bank. p6.000.000 First State Bank.... V 100,000 EmplreNat Bk ATrCo ik 475,000 Stock Yards Nat Bk_ * 300,000 247,020 21,667,724 100 192,451 4,426,340 100 64,172 1,832,512 100 6,940,513 125,542.998 plOO a 108,083 2.044.319 100 215,647 7,391.845 100 127,110 4,191,883 <100 14 z 14* Midway Nat Bank— Woroester— Mechanics Nat Bank Common... Preferred.. Guaranty Bic & T Oo Worcester Oo Tr Oo Common Glass A ........ Common 500.000 1 700.000 ' 300.000 747,467 15,652,301 373,371 4,221,433 1100 UOO 10 1,000.000 11,683,144 c36,276.134 J 2.000400 1 Preferred First Trust Co 125 100.000 \ 175,000 J ... pl.000.000j 153,126 4,754,258 1100 1100 178.236(7 1,536,877 PlOO "22* 25 23 10 12* 10 * Sale price. t No a ' par. June 30, 1936. b First National Group.. c Includes Ravings deposits. ' d Convertible preferred stock entitled in e liquidation to $20 a Dec. 31,1936. / Retirement price. g Trust balances. < Member of Northwest National Banks March 31 MICHIGAN State Institutions k Common and March 31 Nomi nal. Natl Bk of Bay City. Per 300,000 400.000 60,872 182,788 2,362,870 6,461,394 393,012 9,925,836 100 100 N p , cent sa les or capital debentures outstanding. ' American National Bank of St. Paul affiliate. Member of the First Bank Stock Corp. Stock has to be offered to board of directors. iOid stock. o re I 100 share r People's Commercial A Savings Bank... *1,000.000 B^ncorporatlon. preferred I Last sale. o Bay CityBay City Bank..... ; 365 t Affiliate of First National Bank of Boston. x Ex-dividend. First Bank Stock Corp. z i share. June, 1937] BANKS National Banks National Banks March 31 Dec. 31 g Ask Bid Par Deposits '■v'Vy'y^yy- • 295,485 150,000 174,000 640,000 300,000 ........ Preferred Depot Ou Bk A TrOo Jackson-State N Bk. 187,314 335,939 100 o Meridian— Citizens Nat Bank.. First National Bank. Mer 9c Farmers Bank cent 292,050 375,000 242.500 i 93,971 132,985 ' Mffi".'. FIcksburg— 650.000 300.000 /.y.v .-.-I' w" 200,000 100.000 Butte— First National Bank Miners Nat Bk Metals Bk A Tr Co. 0 300,000 100,000 600.000 5,283,079 5,223,924 MISSOURI 209,154 149,911 119,869 150.000 Par Kansas City— Baltimore Bank... City Nat Bk 9c Tr Co Colombia Nat Bank. 20 Common........ 100 757,588 40,651 602,978 '■1 600,000 • Preferred State Institutions 100,000 390,000 National Banks March 31 March 31 share, Per 100,000 600,000 500.000 6,000.000 100,000 2.000,000 500,000 100,000 200,000 Commerce Trust Co First National Bank- Inter-State Nat Bank Llnwood State Bank Merchants Bank Merc Home Bk & Tr Common 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 3,575,833 j 154,741 200,000 I 195,000 Capital notes 328,946 7,855.060 100 120 110 375 100 100 100 405 82 73 152 90 148 100 100 100 100 70 490 330 100 200 4,182,322 g\00 2,565,572 100 2,898,992 100 12,438,154 1,144,655 12,704,586 o re cent ■a 100 100 les Q-~ 306,649 8,782,799 ClOO 6,191,195 J ,> 98.028 (100 1100 State Institutions NEBRASKA March 31 100 150 100 Common 80,000 120,000 Preferred.., Park National Bank 50,000 Plaza Bank of Oomm Produce Exch Bank. Traders' Gate City Nat'l Bank.. * Southeast State Bk. South Side Bank— Common ... Preferred Stock Yards Nat Bk. 200.000 100,000 550,000 100.000 50,000 50,000 400.000 v 47,881 1.391,719 100 360~" 135 225 130 120 125" 100 140,024 42,741 8,337,746 62 1,159,975 30,370 606,238 135" 65 75 65 76 ( 100 60; 80 205" Uoo 6.271.444 100 900,000 1.192,500 616,087 26,131.066 f 10 13 Packers' Nat Bank: Common 106.000 94.000 50,000 t. ' J 1,217,069 316,963 J 687,813 9,356,668 1100 1100 18,716,231 100 11.008,532 100 150 225 [ 20 20 28,231,022 176,184 113,386 8,866 1,737,676 1,038,139 562,134 100 100 140 195 70 25 020 a20 20 12,171,531 yi'Pyy vV'yy'-yy y' yy %yy 165 260 100 42,735,242 (100 110 105 \100 51,213 2,390,956 100 100 933,763 25 137,463 778,968 6,903,399 (100 1100 23,972,994 100 160 100,006 National Banks March 31 I 16 100 NEVADA 90" Nomi nal. Reno— Per First Nat Bk in Reno Ot. a 100 20 I 52,309 j share. v 429,524 661,166 250,000 1 450,000 el.100.000 Preferred ■ 186,017 e D S Nat Bank 15 100,000 100,000 University Bank . Per t 225" 266.636 Union Nat Bank— Common Preferred West port Ave Bank. Union Av Bk of Com 500,000 1.250.000 978,500 Preferred South Omaha Sav Bk Stock Yards Nat Bk Common f 251,000 499.000 450,000 Common 130 131,726 200,000 1 300.000 850.000 300,000 e ... Preferred 100 100 1,402,025 3,663,641 2,358,582 .1 - Omaha— First Nat Bank—* •; Common Preferred A... Preferred B Live Stock Nat Bank Omaha Nat Bank— 100 9,970 140,374 Nomi nal. Lincoln— Continental Natl Common... Preferred.. First National Bank. Missouri Bk & Tr Co d 500.000 777,879 21,775,853 100 share. ...... ----- Joseph— American Nat Bank. Burnes Nat Bank First National Bank. First Trust Co First StJosSt'kYdsBk 200,000 200.000 500,000 100,000 250,000 200,000 200.000 136.000 Tootlo-Lacy Nat Bk. Empire Trust Co Missouri Vail Tr Co. 217,100 8,009,078 210,267 432,622 146,927 4,206,211 79,480 276,086 108,651 64,977 7.471,713 2,980,449 4,001,773 2,486,458 2,253,116 1,084,317 100 100 National 100 100 N re sa Banks MEW U A MP QUIP E stat* Institutions 1NE.VV nAlVlronllVtj March 31 \ cent 100 100 Nomi.nal. Per share Manchester— 100 ■Amoskeag Nat Bank 200.000 150,000 200.000 Merchants Nat Bank St. Louis— 875,501 523,468 245,542 5,185,986 3,115,258 2,144,277 361,560 5,682,051 5,828,150 6,618,653 100 100 100 Nashua- Amer Exch Nat Bank Common 107,500 Preferred 92,500 336,576 2,000,000 62,516 Boatmen's Nat Bk.. Bremen Bk A Tr Go. * Cass Bk A Tr Co. k 400,000 450.000 First Nat Bank 10.200.000 Industrial BkATrOo 600,000 Jefferson Bk A T OoOommon 200,000 130,000 100,000 640.242 Capital notes A... Capital notes B... Jeff-Gravols Bank Lemay Ferry Bank— (20 120 100 20 1,910,012 286,175 213,971 49,505.759 5,587.039 5,721,387 7,030,513 224,407,075 376,539 9,239,763 69,721 2,738,278 82,915 6,006,070 50,000 50,000 ....... 1,992.989 2,543,401 Baden Bank....... k Common Preferred Manufacturers March 31 les Manchester Nat Bk. 32,275 600,000 500,000 350,000 200,000 350,000 550.758 698,021 172,190 140,374 713,328 ; ■ 15 10 18 50 40 100 42 100 125 100 17 <20 J100 100 200,000 400.000 542.360 600,000 y,,; 457,901 im'+mmm 90 100 Indian Head Nat Bk k Nashua Trust Oo— k SecondNat of Nashua k 44 ** 63 72 68 68 Common 250,000 150,000 200,000 ..... Preferred— New Hamp Nat Bk. ;yy 35"" 887,861 1100 uoo .' '-.t' N sa y / 5 v" les / • J 87,198 34,598 3.220,104 (100 1100 1,222,795 100 r y.-i 4 National Banks March 31 NEW JERSEY 0100 Nomi nal. A T Co n Southern Oommerc'l A 8avs Bank..... k 424,000 South Side Nat Bk— 400,000 Telegraphers Nat Bk 500,000 Tower Gr Bk A TrUo k 800,000 United BkATrOo.. 1.000.000 Chippewa Trust Co. k Has ton-Taylor Tr Co k Lindell Trust Co o re cent 100 First National Bank- 45** 60 Portsmouth- 100 100 Bank Manchester Bank Mutual Bk A Tr Oo.Plaza Bank (The) Sec Nat SavsATr Co 340.000 250.000 300.000 10.703.757 5,061,006 7,586,987 3,323,267 16,285,063 20 100 50 Atlantic City- 20 85 90 24 20 Per Boardwalk Nat Bank loo" 27 180 100 ,170 400,000 More Com BAT Co- 10,000,000 Mercantlle-Oommerce Nat'l Bank. 850,000 Miss Val Trust Co.. 6,000,000 Mound City Tr Co Jfc 246,759 North St Louis Tr Co .300,000 Northwest'n Tr Co k 800,000 WobsterGroves Tr._ 100.000 . 670,251 4,771,566 100 share 60 Bankers Trust Co— Common.. 120,000 — 343.783 Preferred J 98,969 1.604,057 (100 \ 10 Guarantee Trust Co- 64,063 154,905 207,025 593,907 6294,348 48,445 41,417 225,054 3,210,014 4,024,867 4,821,510 14,316,714 8,715,360 2,898,224 2,656,102 4,337,525 100 50 155 20 130 www'wi 100 100 180 m 100 100 100 15 75 75 Preferred 65 165 500,000 2.350.401 Common...—-- m<mmt 72 5,262,863 149,057,275 100 J/3873,124 4,514,886 ( 10 110 6** 7** Equitable Trust Co— Common Preferred 225,000 1,184,518 —...— J/ 308,520 585,000 202,826 5,196,379 10C 55 65 300,000 ... 2,275,242 862,175 10 9 5 4 10 5 1,553,930 (100 I 10 "~2** ""§** Asburv Park— AsburyPkNatBkATr •» k Asbury Park A Ocean , ! 100,000 195,000 95,572 k 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 Grove Bank—— V. Ask Nominal Community State Bk >)' Bid Nomi nal. Per share. N First Nat BkATr Co k Union Bk A Tr Co— • National Banks March 31 r 120,050 275,396 $ Helena— -I v First Nat & Tr Co... Jt March NatBkATr Co : les 100 100 50 2,954,088 2,900,305 3,976,622 61,832 Cross $ Billings— Sec Tr A 8avs Bank. (i? 9,959,057 8,393,602 March 31 Deposits , Midland Nat Bank 0 Montana Nat Bank. 9.646,224 State Institutions Surplus & Profits'! Capital % share Per Capital National BkOommon yyy 105 MONTANA Nomi nal $ Jaokson • COMPANIES Cross Surplus & Profits Capital Institutions State MISSISSIPPI March 31 TBUST AND 140 143 Seacoast Trust Co— P Bayonne— 224,958 2,700,610 23,498 240,245 316,817 177,037 5,577,635 87.327.758 2,188,082 4,173,303 100 4** 25 100 ?£* 50 20 25 6,866,423 100 2,538,012 100 85 190 5 37** Broadway Nat Bk Bayonne Trust Co.. _. Bridgeton— Bridgeton Nat Bank- k Cumberland Nat Bk. k 75" 100 . 95 220 Farm A Mer Nat Bk. k 40 100 13 45 105 15 v./P;vv/ Springfield— Citizens' Bank Union Nat Bank * ... Southern Missouri Tr 288.700 600.000 100.000 25,354 328,531 84,083 2,247,766 9,816,393 2,412,309 100 100 100 Sale price, 6 Dec. 31, c a Retirement price. 1936. y P 'V;,vPy June 30, 1936. d Owned by the e Transamerica Corp., San Francisco, Calif. Member of Northwest Bancorporation. / Includes reserves. g Member First Bank Stock Corp. h Reserves. i 1 - March 31, 1937. k Preferred stock and common stock or capital debentures outstanding. I Last sale. Mutual Bank A Trust Co. of St Louis, Mo., on May 25, 1937 ratified a proposal to increase the bank's capital and surplus by $100,000 and $50,000, respectively, by offering 2,000 shares of stock at $75 a share. n s < Stockholders of the Member of the Guardian Detroit Union Group Inc., Detroit, Mich. Preferred stock retired, '.y-y '' <3*^ : yy; '■y-rr; .■;y - BANKS 103 Va'tnnoi flanks NEW JERSEY March 31 Capital TRUST COMPANIES AND National Banks March 31 Institutions Slate Dec. 31 Cross Surplus & Profits Par Deposits Bid '\C'' Ask Nomi nal. 26,lf2,714 25,320,445 12% 1,157,320 8,965,782 10 10 4 6H 2,494,024 100 35 200,000 Preferred B 1434 14 549,126 a 19,787,058 H a 232,300 145,324 31,602 170,872 343,258 200,000 Prospect Natl Bank. 200,000 Security Nat Bank.. 1.000.000 Banking Oo Trenton Trust Oo... dl ,880.000 500.000 a 81,731 324,652 First National Bank. 2,225,000 Franklin Nat Bank.. d 400,000 Hudson Oo Nat Bk— n 20 500.000 Central Home Tr Oo d dl,022250 Bllsabeth Trust Oo. a Union County Tr Oo dl,114,345 Hoboken— Columbia Trust Co.. d 100.000 Seaboard Trust Co.. Jersey City— 1,084,981 75,960 1,250,000 1 337,682 1,500,000 Preferred 122,195 100,000 Bergen Trust Oo 3,400.000 a4,547,461 Commercial Tr N J.. N J Title GuarATr. d3.008,748 a 824,418 34,853 150,000 North Bergen Tr Oo. Common Trust Oo of N J— Common 634 18 100 12 18 100 20 60 95 5 25 100 7 60 '■ v 10 2,603,887 2,792,870 1,630,456 524,769 471,462 398,014 80 72 60 10 8" 10 10 4 20 10 100 51,860,381 100 3,479,105 3734 National flanks 6 Nomi nal. l Per share Albany— 9 11 "43" "§17f: 58 6 1,376,932 5,114,079 2,320,678 248,692 3,316,378 53,760,310 68,497,225 35,380,774 400,000 700,000 332,894 114,184 5,987.406 100 100 400,000 669,210 463,460 9,624,021 9,972,949 7,510,690 100 100 50 250,000 Mech & Farmers Bk. Mat Com Bk A Tr Oo r30 \ 30 962,265 100 65,383,465 25 23,866,438 1234 1,177,977 100 March 31 110 9 31,470,715 f 25 Institutions State NEW YORK March 31 1.500,000 State Bank of Albany d2,999.900 d2.990.000 First Trust Oo 8 100 '446"" 450" 100 240 250 50 50 60 434 Auburn- Nat Bank of Auburn Auburn Trust Oo— d 334 29,515 2,834.611 % """5" a 48,964 2,604,837 50 100 7,936,907 6,984,708 1,600,834 9,668,020 25 <50 a 303,729 341,122 68,225 814,495 6,554,500 /; 6 r 7 : Binghamton— v Oity National Bank. First National Bank: Marine Midl'd Tr Oo Morristown— First National Bank. National Iron Bank. d d American Trust Oo_ 500.000 614,568 200.000 600.000 _ Morristown Trust Oo Mt. Holly- 429,463 143,764 200,000 100.000 Union Nat Bk&TrOo Farmers' Trust Oo. 10 50 15 3,054,210 1,743,165 Brooklyn—State B ank A Tru Bensonhurst Nat Bk 150 50 160 1 80 50 Bank of Oomme rce of 150,000 ... 600,000 884.000 Franklin Wash Tr Oo d 144,130 Mt Prospect Nat Bk. d Nat Newark & Essex 58,962 437,820 100,922 a a ;■ n 1,357,779 3.000.000 500.000 i/1,732,473 National State Bank 526.979 a 592,430 Clinton Trust Oo___ d 56,479 400.000 a Columbus Trust Oo. 1.622.500 al,413,382 Federal Trust Oo Banking Oo d8,000,000 a6,896,387 2.500.000 a 1,885,167 Merch A Newark Tr. 96,097 Union National Bk.. d 387,500 n 580,456 600.000 United States Tr Oo. West 8ide Trust Oo. 1,075,000 a 395,354 Fidelity Un Tr Oo— 1,361,491 8,817,496 6,293,415 1.255,047 40,479,747 22,221,658 2,689,458 2,018,757 35,381,494 140,572,842 18,530,755 3,041,399 5.873,854 9,700,006 100;: 34 100 25 ; • 36 534 8 45 13 100 115 550 18 9 18 44 43 634 100 25 , 25 10 10 , 25 50 17 122; 1934 4534 45 25 "36" "32" 2f b 29 <200 330,507 875,000 25 -i':. N 0 re cent ■a les Peoples Nat Bk200,000 50.000 Common Preferred J 437,455 200.000 I 250,000 225,000 273,000 Bklyn Flatbush Nat Bank. Fort Greene Nat Bk. 500.000 Klngsboro Nat Bank Lafayette Nat Bank. People's Nat Bank.. Brooklyn Trust Oo: Kings Oo Trust Oo.. ! 982,650 550.000 ! 8.200.000 500.000 5,828,686 floo 1100 o cent les 1 937. 2,828,300 126,400 2,479,765 112,699 73,900 2,731,400 i 3,028,500 2,400 258,100 2,917,700 174,300 6,734,400 323,800 5,518,100 5,571,711 121,215,468 6,172.900 44,046,700 50 125 95 100 100 70 "37" 100 100 "65" 60 "66" 42" 76 126 100 131 1850 100 1750 Buffalo- Liberty Bk of Buffalo 2,200,000 Debentures. 2,700.000 Lincoln-E Side N Bk d 200.000 3,302,606 52,164,022 10 23 25 X 2,308,633 90,219.214 10 13 10 3534 14 37 1034 10K .... _ Mffrs A Trad Tr Oo. 5.000.000 50,557 8,361,536 Marine Trust Oo: >: <8.000,000 2,000,000 Common Capital notes 8,681,434 159.041.732 | <32 12.055,950 t 25 104,144 5,210,809 100 491,617 10,016,293 25 995,000 300.000 200.000 500.000 400.000 338.623 12,335,243 609,699 135,281 463,020 3,982,666 4,470,204 First NBkofRondout Nat'l Ulster Oounty 200.000 460,760 945,569 Bank of Kingston. Rondout Nat Bank. 250.000 State of N Y Nat Bk 150.000 625.000 116.624 87,950 427,501 424,397 1,879,878 1,258,222 4,013,797 6,546,156 100 90 20 12,699,207 Chemung Can Tr Oo 10,435,656 st Co. retur ns date Mar 31 N Elmira— New Brunswick d I Citizens Bk of Common "27 497,477 Nat. banks Mar. 31'37 "27" "46" Newark— Lincoln Nat Bank... 600,000 <500,000 re sa 230,000 Long Branch Bkg Oo Nat'l Bank of N J. 9 "23" 54,432,263 Long Branch- ..-u.*, "1 share. 200 10 15 3,577.365 1,140.000 2,500,000 Preferred A West Bergen Tr Co__ d 400.000 Newark 48,286 72,931 930,017 539,424 a 100 15 50 10 1,523,333 1,888,647 Bllsabethport BkgOo d 400,00C dl, 310.000 Nat'l State Bank— $ 12,709,235 47,059,854 901,338 1,087,498 33,691,420 24,046,366 100.000 200,000 100.000 National Bank First Nat Bk A Tr Oo Woodbury Trust Oo. 63* ""5 34 Per $ 469,875 1,151,947 Woodbury— Farm A Mechanics' 134 25 6,817,777 16,234,504 3,903,941 3,911,214 12,082,174 i Trenton Elizabeth— % Nomi nal . r Ask Bid Par Deposits ..... 1 95,600 500,000 274.165 Common Preferred A share. 13 12 Cross Surplus & Profits * Trenton— Broad St Nat Bank. dl,000,000 First-Mech Nat Bk. d3,189,000 6 524 115,690 Camden 8 D A Tr Oo d3,287.500 Merchantyille Nat'l Bank A Trust Oo. d 224,375 West Jersey Trust Oo dl ,448.000 laat Orange— Ampere Bank A TrCo Bar Inv A Trust Oo: Per ■, 101,243 523,226 '< Capital '''' $ 722,550 396,190 S Ounden— FlrstC&mNatBATCo d2,192.891 NEW JERSEY 800.000 First Nat Bk A Tr Oo 1.237.500 1,554,255 t 788,154 Ithaca— First National Bank Tompkins Oo Tr Oo 650.000 650,000 d d 75 New BrunswTrOo— 300,000 471.426 Common Preferred North & West Hu dBon— IstNat Bk of UnOity d 339,148 Nat Bk of W N Y Common 100.000 44,000 Preferred Hamilton Nat Bank of Weehawken 69,914 J 133,506 u Jn 27,131 1.792,251 4,498,351 n 21,305 1,329,143 100.00(' 700.000 n 53,570 600.000 a 1,027,494 5,451,386 5,423,000 3,003,627 7.588.965 27,632,518 1,285,375 333,480 150,325 102,917 365,000 e 100.000 400.000 Weehawken Tr Oo HudsTr Oo Un City. al .000.000 (72,300,709 14,454 145.000 Woodcllff Trust Oo.. 1(K ....... ...... 43 1,289,044 I 50 I 50 247,500 Liberty National Bk Guttenberg Merchants TrUuCity c Comw'lth Tr Un City d Gutt'b'g Bk A Tr Oo /1° 110 ' r30 30 —-- Jamestown-* Bank of Jamestown: Common The First Nat Bank. Nat Ohautauq Oo Bk Union Trust Oo 9 10' 3 5 634 734 834 250 10' 10 "l3"" 11 25 35 38 1,496,968 1,000,000 a 274,407 100 People's Bk A TrOo. Plainfleld— IFlrst National Bk... d 328.337 Plainfleld Nat Bank. 175,001 29,313,058 4,976,687 25 25 2 N 0 25 100 100 re cent sa les boo 625,000 | 457,924 11,963,348 105,00< d200,000 55,557 54,739 1,108,554 9,561,342 128,999 55,156 700,100 142,138 a a a Common Haledon Nat Bank JSat Un Bk in Pat'sor paterson Nat Bank— Common.. d 600,006 600,000 Preferred Second Nat 680.000 ..... 100 * J 880,515 1 100 6C 20 105 166"" 100 -557 10 e banks, a sa les 100 100 ty banks are rept rofits are of o re cent 100 iate rted net and *37 Mar. 3 1 din dend r City and Broo klyn m 192. 88,189,190 .191 rk 100 10 ecord ay SO1} 66 13.55 52 72 54 78,111,000 a 2,987,300 49.836,000 533,146,000 a27,512,336 a 5,069,100 a 8,219,100 100 193 199 7.000.000 500.000 Fifth Ave Bank First National Bank. 7,932,179 371,200 3,610,600 500.000 10.000.000 104479126 1,500.000 1,932,626 400.000 189,000 Grace Nat Bk of N.v Merchants Bk of N.Y d be 903.000 159,100 3334 3534 1 25 100 "970"" 1616" 100 2175 100 100 50 2215 "166"" iis" 50 ..... mmrnrnm. 65 100 100.270.000 125302328 1976481 000 Nat Bronx Bank 50 12,633,370 / 50 \ 20 375 <50 37,400 a 6,609.400 25,666,681 446,827,000 686,500 a 6,980.600 650.000 Amalg Ban fef N Y. Bk of the Maiihat Co 20.000.000 Bank of Yorktown.. 1,000.000 Chase Nat Bank: Oomm'l Nat Bk A Tr Dunbar Nat Bank.. Paterson— ffirst National Bk— Y<Wk City- Deposits N ew York Ci are of May 29, 1937 8ur plus and p for National and Mar.3l 19 37 for Stat of banks and trust companies* in New Yo found in our "Rai Iwwj ' Secti on, pages 1 New 4,383,443 1,298,125 1,224,827 17,214,818 3,872,906 MId-Oity Trust Co_. d 100,000 Plainfleld Trust Co.. dl,150.000 d 247,500 i; Utate Trust Oo 300 13 100 20 N 150.000 Kingston Trust Oo.. PassaicPassaic N BkATrOo d2,500,000 8.257,147 1Q Kingston— 20 20 10 500.000 Debentures "A".. ^Debentures "B"__ mrn'mmrnrn Bank— Preferred. 1,500,000 I 225.000 754,271 1.000.000 17,758,638 / 50 I 50 2,116,306 25 29,739,091 "165"" Ho"" Prospect Pk Nat Bk Common........ Preferred 100.000 1 60.000 / 223,618 100 3,969,978 f 50 I 50 * Sale price, a 125 March 31, 1937. 6 Includes c Preference stock. Citizens Trust Oo— Preferred. U S Trust Co— Common.... Preferred 600.000 600,000 dl,325.000 J 277,211 a 24 9,510,051 / 25 rl234 112b 7 10 c" 6~" 4.252,475 750.000 \ 364,082 95 12,936,183 (100 \ 50 security stock. d Common and preferred stock e 600,000 t Marine Midland Corp. f Preferred mrnmmmm 0 capital debentures outstanding. Represents capital, surplus and undivided profits. Includes stock retirement fund. reserves. h Affiliated with the Trust Co. of New Jersey, Jersey City. < Controlled by Marine Midland Corp. stockholders of the Green Island Bank, Green Island, N. Y. >posed N. Y. to vote May 25, 1937 on a ] assets consolidation of the institutions. The State Bank will take over t and assume the liabilities of the smaller institution. k Respective and the State Bank of Albany, 1 Last sale. ' ;':y.... n v Dec. 31, 1936. r Preferred u Reserves. stock retirement price, JUNE, 1937] BANKS , National Banks ate NEW YORK March 31 Surplus & Profits Capital co. returns d ate Bk of Athena Tr Co. Banca Com It Tr Co Banco dl Nap Tr Oo_ B'kof Montreal Tr Co Bank of N Y & Tr Co Bankers Trust Co... Bronx County Tr Co Cent Han Bk&Tr Co Chemical Bk & Tr Co National Banks March 31 Institutions Ask Bid Par Nomi nal Per share. 48 46 21 600,000 2,000,000 1,000.000 1,000,000 6,000.000 25,000.000 e2,642,500 21,000,000 20.000,000 112,500 785,908 600,000 555,100 13,010,763 74,400,100 257,500 67,456,800 54,108,700 100 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 "165"" 115"" inn 100 *l"66 ~46l"" 470"" 69^ 67 X 12 10 7 20 10 13 123 68 24 120 66 City Bank Farmers' Trust Co Clinton Trust Co Colonial Trust Co Continental Bk&Tr. Corn Ex Bk & Tr Co Corporation Trust Co Empire Trust Co Equitable Trust Co. Federation Bk& Tr Co Fulton Trust Co Fiduciary Trust Co.. Guaranty Trust Co. _ Hellenic Bk & Tr Co. Irving Trust Co Schroder Trust Co.. Lawyers Tr Go 10.000.000 13,830,700 131,556,700 502,600 e 800,000 7,603,400 584,800 1,000.000 7,069,400 4,000,000 4,014,660 69,767,335 15,000,000 17.452,009 303,618,905 368,200 500.000 41,300 3,500,000 4,069.978 79,873,648 7.000.000 8,682,800 25,688,600 825.000 1,008,900 11,047,900 2.000,000 2,916.162 23,200,000 1,000.000 1,102,600 10,836,500 90.000.000 179693213 1602377017 245,003 1,000,000 3,388,451 50,000.000 60,860,400 556,254,000 1,000.000 1,306,800 16,532,100 2.000.000 2,127,354 42,466,459 20 Debenture notes.. Trust Co of Nor Am. Underwriters Tr Co. U S Trust Co of N Y Jamaica, L. I.— Jamaica Nat Bank.. 2,500.000 4,268,200 10.000.000 Common 12,727,000 8.838,600 J 85 10 20 17X 182* 64 7,582,120 100 200,000 175,000 580,000 J 123,770 4,246,151 1,252,970 13,257,733 20 3Q0.000 488,998 6,758,337 10 400,000 400,000 Js 48,315 8,834,826 J20 e 0 .... Preferred..,. "1624 "~45~K 20 53^ 5524 5224 1024 131 20 50 H 20 10H 128 25 «•!■►*»##«* Too 100 1424 13^ | 20 5,557,500 10,323,300 86,217,051 "94~* 154"" 100 1780 1830 60 March 31 . Common 2,800.000 2,500,000 68,342,497 Capital notes 301,709 18,021,590 481,013 3,065,948 17,392,342 36,523,084 |2,008,697 31.358,134 38 48 .... 300,000 200.000 Capital notes... 76,703 300.000 Charlotte Nat Bank. 0 Commercial Nat Bk. ""824 624 50 f ""40"" "50"" 28 33 26 25 30 \ 25 "45" ~50"" 32 37 [f ihH 120 20 22 Union Nat Bank American Trust Co.. Durham— Citizens' Nat Bank. Fidelity Bank Depositors NatT Bk. 24 25 20 ~~27^ {* jlOO 80,797 3.112,924 20 475.000 366,739 500.000 300.000 1.200,000 450,126 486,987 5,120,792 10,534,206 6.461,896 55,975,167 50 100 1,186,000 100 50 25 72 10 75 20 25 40 45 25 11 0 128 Charlotte- 0 e 1,741,560 150.000 500.000 200.000 0 100,000 # 214,000 0 45,000 1,067,168 136,572 90,016 100 100 12,320,149 1,909,779 1,996,500 1,170,000 57,800 150,000 \ 50,000 50 - 113 123,686 700,000 V 100,000 Preferred 60 180 175 185 280 65 15 316,738 10 3,546,752 t 1 I ";.i 1 U 10 ..... 10 10,515,595 1 10 o Raleigh— cent 0 765.150 0 184,000 - 30 Wilmington People's 8av Bk & Tr 120 1350 642,468 17,713,290 100,000 Began bus. Jan. 28, '37 121,582 281,054 300.000 25 let 100 25 10 2,701,350 7,874,511 Wilson— Branch Bkg & Tr Co Common 400,000 Preferred Nat. Bk of Wilson —— 400,000 100.000 ........ 46,654,523 18 11 20 Nomi nal. Per share 0 Wilm Sav & Tr Co.. 3.000.000 11 1.000,000 Common 0 mmmtmrn 13 10 10 Asheville— First Nat Bk & Tr.. Common Security Trust CoCapital notes Union Trust Co: 800,000 L' 2,596,439 1224 Security Nat Bank- 40 50 1,200.000 0 rnrnmmm 10 Greensboro— Guilford Nat Bank- 20 Genesee Vail Tr Co. #2,560.000 Roch Trust & 8 D Co 1.000.000 s 550.000 195,500 200.000 t NORTH CAROLINA Sta*\larch3iton* Preferred .792,997 600.000 4% Conv.Preferred J 433,478 4824 Central Trust Co— | <30 ..... 16,551,210 JlOO 1160 J 798,963 147,187 1,906,133 83,812 2,189,561 2,087,451 76,773,775 10 n 100 300 275 #160 25 Winston-Salem— Schenectady— First National Bank- Mohawk Nat Bank....... Preferred 184,199 0 e Common........ Common... Common 100 mmmmm 50 "339" 344"* LIncoln-Allla Bk&Tr Common 5,482,222 3,251,287 3,362,372 1,657,585 1,861,879 . Rochester— ; 96,692 45,594 21,823 68,004 107,054 4,259,916 J "250"" 270" 25 18,999,300 2.681,600 55,989 550.000 345.000 ... Common 1,988,824 J 50 I 50 300,000 Yonkers Nat Bank & Trust C>— - 31,304 # County Trust Co Yonkers—First Natl Bank in Yonkers. Home Savings Bank. Mech & Farmers Bk- 352.40C 100 100.000 500.000 Peoples N B & T Co: Common "3l24 30X 10 Per 100 0 «##— Rve Nat Bk_„_ Rye Trust Co Tarrvtoum N B&TrOo White Plains— Citizens Bank 100 25 10 100 100 100 100 10 100 170,000 t 30,000 Mt Pleas Bk&TrOo Port Chester—1st N. Bk & Tr Co Mutual Trust Co. 65 16 "200 90,751,000 01Q„nn 500.000 218,300 852,300 1.000.00( 2.000.00< 28,615.161 95 50 25 % 1,511,000 2,447,388 « Preferred Mfrs Trust Co: Common 32,998.120 42,428,982 618,917,749 J \ Convertible pref.a 9.838.920 \ Marine Midi Tr Co.. 5.000.000 8,831.365 98,193,041 i New York Trust Co 12.500.000 27,781,338 355,221,394 Pan American Tr Co 147,200 600,000 3,125,800 Savings Banks Tr Co Title Guar & Tr Co— Common Preferred Westches Co Nat Common Preferred. Pleasantville— 31,1937 Mar. Ask prices share. Peeksklll N B&TCo "37" *39"" 37 Bid Par Nom. Peekskill— 45>* 30 March 31 Deposits Westchester Co. (Concl.)— Ossinino—1st Nat Bk 'V; S '$ & Trust Co 200.000 218.200 Ossining Trust Co. « 400.000 165,843 14M 12H 43^ Institutions State Gross Surplus & Profits Capital Gross Deposits 107 NEW YORK March 31 K. Y. City ((Conch) National City Bank 77,500,000 56,404,200 1,623,345,000 12H NatSafetyBk&TrCo #1,014,300 824,400 cl4,327,000 12 H Penn Exchange Bank 241,000 330.000 c3,222,800 10 Pnbllo Nat Bk&TrOo 7.000,000 8,324,372 128,433,000 17^ Schroder Bkg Corp. 6.000,000 02,002,202 020,157,963 Sterling NatB & T__ 1.600,000 1,553,547 c26.394.446 ""26 Trade Bank of N Y._ 246,900 206.300 c6,043,400 12« Trust TRUST COMPANIES AND .... Union National Bank Citizens Trust Co— Schenectady Tr Co.! 200.000 267,760 202,440 400,0(H 335,723 300,000 750,000 510,191 1,291,945 Common 5,930,999 0l6"" 8,669,059 7,179,236 15,166,692 110,000 .... Preferred Wachovia Bk ATf 100 J 90,000 #4.000.000 140 130 100 I u* "165" ----- National Honks NORTH DAKOTA March 31 Syracuse— 1,200,000 806,414 21,650,325 20 38 Common....... 750.000 309,704 200,000 20 20 20 Preferred 8,289,732 Lincoln Nat B & TCo Merch Nat B & T Co 40 « 2124 (720 First Trust & Dep Co Common. 896,489 1,620.000 7,175,000 ..... Capital notes 53,334,112 Syracuse Trust Co.. Common ;. .... Capital notes 996.987 1,000.000 1.400.000 30,327,134 10^ U 1124 30 l10. 32 Vf Nomi nal. \ Fargo— Dakota Nat 161,715 109,613 2,728,159 1,810,784 500,000 150,000 250,000 Fargo National Bk First Nat Bk & Tr Co Common..... Merch Nat Bk&TrOo Ner & Dakota Tr Co Per #201.000 50.000 Bank. 129,596 199,947 61,491 6,012,102 2,971,265 100 N 0 n # 0 share. 100 100 n O re cent 25 sa les 100 ' ?,K: \,y "•'* v.'-. Troy— Manufactur Nat Bk. #1,400.000 National Oliy Bank. 600.000 Union Nat Bank... # 650.000 Troy Trust Co 1,460,117 628,493 129,366 37,544 #448,500 23,657,366 i 25 25 10,465,843 6,931,878 3,764,161 559,122 35,690,821 "21"" "25"" 8 % 9 30 20 National Banks UtiCSr— ""! """" First Citizens Bk & T Debentures 1,000.000 5,970.000 Oneida Nat Bk & Tr Common.......** Preferred*......* 600.000 199,000 v 425,564 9,764,370 3K |2 H - 4" First-Central Tr. Co. Goodyear State Bk.. Firestone Pk Tr&S B 1; Watertown— Jefferson Co Nat Bk Watertown Nat Bk— Common. 500.000 5,737,709 Nomi nal ,;i 200,000 128,657 15,443,384 497,500 1,241.645 100.000 858,502 22,944,725 5,077,953 "ioo share. 100 71,844 < . N 530,430 15,209,404 # 997,500 First innal Bank Geo. Harter Bank #1,200,000 Cincinnati400.000 Atlas Nat Bank.... Olnn Bk & Tr Co— 0 200.000 199,500 Columbia Bk & 8 Co 0 1,271,784 461,940 20,371,294 10,882,479 100 100 1,212,477 161,265 138,720 10.263,684 100 100 10 101 les 275 3,157,642 1,560,518 0 re cent sa 200,000 700,000 Common 20 •. Capital debentures J100 Canton— 210.000 Preferred. 171,646 .1.'. Per Capital notes 25 Institutions March 31 Akron— Dime Savings Bk Co Common 20 State OHIO March 31 ; 106,981 .4,080,680 125,600 35 40 N re V?.' Northern N YTrCo Common 500,000 Capital notes 280.000 Westohester CoMi. Vernon—1st N__ 700,000 Mt Vernon Tr Co. #3.000.000 New Rochelle— Central Nat Bank. First Nat Bank 316,535 300.000 # Huguenot Tr Co. 650.000 New Rochelle Tr_. #1,600.000 — . 279,954 585,574 668,531 10,372,949 . cent les | <25 12,466,698 IOC 6,698,896# 10 t Marine Midland Corp. 140 2K . "324 c March 31. 2,434,247 4,587,880 1,674,768 14,728,245 20 1 20 28 10 H ' 1937. # 244,347 167,852 493,374 145 Common and preferred stock or debentures outstanding. g Retirement price. 3 31 10 3 5 20 38 43 < Controlled by Marine Midland Corp. I Last sale, k First report. 0 Dec. 31. 1936. s June 30. 1936. n Member First Bank Stock Corp, l54"" 12 BAM8 National Banks March 31 N State Institutions OHIO March March 31 IT" PENNSYLVANIA State Mar!iti0na Cross t Surplus & Profits Capital TRUST COMPANIES AND Par Deposits Capital Ask Bid Cross Surplus cfc Profits Nomi nal. Per share. Nomi nal. % $ — Gincinnatl (Con.) 6.000.000 fc4.678.696 First National Bank- Nsrwood-Hyde Park share. Per 77.033,387 158 154 100 fcl73,265 fcl,088,171 fcl25,739 261,007 3,136,000 fc729,936 584,347 fc303,577 2,003,715 ,3,000,000 94,538.821 fcl80,867 4,331.489 100 2,077,928 137.583.080 20 fc554,252 1,988,811 179,897 4,128,937 3,885,326 144,684,824 fc60,028 508,528 100 13.800.000 13,845,905 336.595.697 100 110 100 200 700.000 Lincoln Nat Bank— Nsrthside Bk & Tr Oo d 600.000 250.000 625,000 People's Bk A Sv Oo A 1.800,000 1.000.000 600,000 Be Ohio S Bk & Tr Oo Western Bk A Tr Oo <22.260.000 5,000,000 Central Trust Co,.. Prov 8 Bk & Tr Co. Second Nat Bank— Fifth-Third-Union Tr ust Oo— 5.000,000 Common Oapital debentures 2 650,000 To 36"" 147 155 125 101 130 10 105 143 150 9 100,000 15H 13 H 16 a24 60 20 "31H 33 >* 26 29 100 110 130 318,952 6.489,999 [100 125 150 1100 296,500 Preferred Altoona Trust Oommon. Oo— 250.000 300.000 249,300 381,338 200.000 Preferred—..... 129,182 336,330 37,786 136,461 244,570 4,057,984 252,266 16 18 125" ISO" 110 10 I ... Ban*. dl .255,000 50,000 Lawrence Park N Bk Marine Nat Bank... dl .300,000 300.000 Nat Bk A Trust Co.. Security-Peoples TpFirst National 2.737,545 100 364,899 936,285 10 13,264,810 100 699 919 100 8,309,829 3,454,806 66*j 15 12,246.715 I 50 50 62,936 1.313,270 50 181,175 397,010 344,978 300,000 828,343 300,000 910,021 400,000 400,000 i 1,154,398 1,137,927 400.000 2,827,199 3,845,877 6,906,162 3,875,567 12,620,296 9,332,218 400,000 600,000 650.000 780,532 974,361 447,346 10.650,859 10,602,743 8,522,968 Common 300.000 390,844 6,118,643 Preferred... 188,180 300,000 10 10 230,043 2,160,355 10 6,860,332 51,967,725 3,04O,00f> 247,700 8,784,900 City National Bank dl,108,300 Corn Exch Nat Bank 4.550,000 8,407,601 106,911,351 A Trust Co.. 2,591,162 Erie National Bank. d 490.000 fc I 144,394 3,111,000 5,320.430 90,557,805 First National Bank 2,301,541 62,444 200.00ft /, Glmbel Bros Bk A Tr 9,800,417 303,246 Kensington Nat Bk. dl,138,517 i.000,000 4,395,109 37,035,350 Market St Nat Bk.. 400,000 1,852,139 13,329,943 NatBkofGerATrOo 10 39 42 50 33 36 Preferred Capital notes.... . 14,925,000 900,000 Union Sav A L Oe_. 45 Altoona— Oommon 100 Cleveland Trust Oo Common 42 10 First Nat Bank— Oommon—...— Bank of Erie 5.000,000 7,960,000 260,000 Lorain Street Bank. <2 494,400 7,500,000 National City Bank. Nerth Amer Bk Oo. <2 200.000 175 26 Erie- 210 Central Nat Bk— Common... Preferred.. Clev Sav & Loan Oo. 100 Central Trust Oo— Cleveland— Amer Sav Bank 13,316,142 9,113,306 5,561,145 6,063.504 150,000 Second Nat Bank.. Lehigh Vail Trust Oo 1,569,864 2,140,701 1,174,794 885,310 60"f 55 "34" J100 185 1.000.000 1.000.000 450,000 500.000 Bank Merchants Nat'l Bk. 5,594,353 100 9,907,228 100 50 2,618.417 2,965,663 100 10 45,978,804 15,448,294 100 6,682,029 11,714,764 61,288,917 .100 [ Bk A Tr Oo Allentown— Allentewn Nat Ask Bid Par Deposits fc360,561 2.661,156 2,214,052 28,200,256 1,380,272 2.502,803 57,280,660 3,953,354 1,294,826 70.196.605 100 Union Bank (The) — d r a 50 loo 54,457 260.000 e Oo Oo <22,000.000 fcl,281,466 <2 67,246 100,000 fc Bk 200,000 fc 100.756 Oo c 2,219,529 Huntington Nat Bk. <23,500,000 Market Exch Bk Oo. <2 200.000 fc 277,369 47,934 Northern Sav Bk... <2 200.000 fc c4.000.000 3,003,725 Ohio National Bk 135 125 300,000 850,000 200,000 Columbus- Harrisburg— Allison-East End Tr. - Branson Bk A Tr City Nat Bk A Tr Columbus Saving Fifth Ave Sav Bk Oapital Bk A Tr Oo. Harrisburg Nat Bank Central Trust Co— 10 100 Dauphin Dep Tr Oo. N cent sa 100 100 100 20 o re C— 200,000 295.000 846,000 Common 7.100,000 Preferred 891.000 ,fc "25 14,108,626 Northern Bk A TrOo 451,626 t 32,307,471 [100 1 60 /60 20 150 H 1110 50 600,000 400,000 Capital debentures 642,100 , 14,157,317 J 25 38 36 Nat Bank of Toledo: 200,000 175.000 ifc 161,540 Spitser-R TAB Bk. : Ohio Citizens Tr Oo. Toledo Trust Co.... 600,000 i.000,000 206,839 685,059 2,522.772 100 4,185,641 600.000 2,360,197 11,611,056 83,112.096 Oommon Preferred 125 50 15 37 40 50 52 57 Nat'l Bk of Olney— Oommon Youngstown— City Tr A Sav Bk— ... Capital notes 750,000 I 1.243,700 13,254,531 / 50 31H North Broad Nat'l Bk Northeast Nat Bank 64 58 407 63 412 100 50 ""39" 100 10 403 58 413 63 1,590,009 f 10 l 10 10 1.791,235 60 2,743,983 8 10 182,383 154,372 124,793 2,901,344 25 25 28 33 a25 !2,933.847 446,729,087 2,134,000 39,526 20 120" 50 v 804,833 8,260,815 10 10 13 115,614 3,106,091 20 15 58,993 250,000 200,000 j.165 100 145 6,054,360 25 18 250,000 Oommon...... 250,000 Preferred 14,000,000 Philadelphia Nat Bk 270.000 Roosevelt Bank..... Second Nat Bank— 500.000 Oommon 700,000 Preferred , , South Phila Nat BkOommon National Banks OKLAHOMA March 31 Per 100,000 75,000 fc 131,183 61,483 2,276,574 share. 100 1,449,172 100 100,000 100.000 185,000 230,742 2,750,000 100 N sa Muskogee— 100,000 Commercial Nat Bk. First Nat Bk A Tr Co 300.000 400,000 151,013 453,085 353,835 les 100 2,231,712 3,543,074 4,576,461 10ft 207,030 5,974,351 100 150 185 53,496,000 / 1° 37 41 Preferred 700,000 450,000 d Fidelity Nat Bank Liberty Nat Bank 40,000 2,000,000 1,622,458 46,355,584 100,000 190,000 350.000 ) 214,112 600.000 Stock Yards Bank. Tulsa— First Nat Bk A Tr Oo Fourth Nat Bank- Nat Bk of Oom'erce. d Nat Bank of Tulsa— Common 46,825 2,250.000 12,215.167 1.750,000 25,000 9,700 ... Preferred National Banks March 31 OREGON 10 100 100 100 7,093,383 20,466,313 Tradesmen's Nat Bk ■ I 197,821 555,966 41,553 357,075 16.916 dl,200,000 Oklahoma Nat Bank. 100,000 ""50" "75" 155 100 125 175 100 100 100 125 20 1,403,467 15,416,490 920,038 31 33 20 500. uui 48,058 2.694.295 4,581,437 43,525,757 100 205 50 16 Oommon ... 1st preferred 2d preferred 995,973 2,000,000 3,000,000 *2199,305 55,359,444 f 20 100 160 "35" '45" 25 10 1 125 30 200,000 275,501 Dec. 31 3,750,000 7,500,000 ,8.211,118 33,260,050 t.OOO.oon Mitten Bk A Tr Oo 1.500.000 1,309,934 701.970 Ninth Bank A Tr Oo d2,313,750 600. UOi Northern Trust Co.. Nor Phila Trust Oo. 500.00' 3,236,902 1,257,226 8,330,307 5,144,038 20,253,763 12,216,073 7.059,472 Penn Oo for Insur . Lives A Grant Ann Tr A Safe Dep Oo. r 1 878,615 Security Bk A Tr Oo. Sonsitaly Bk A Tr Co *14593,170 239,464,886 1,040,633 1,066,193 3,200,000 14,030,224 49,833,798 1.500.000 2,526,739 10,705,182 3,187,638 208,502 300,000 8.400,00' 750.00' 14,112 "W* 27 60 10 100 50 6,707,926 100 180 231,496 253,837 112,308 822,065 "3,056,845 1,215,292 638,049 11,439,176 Pittsburgh— Allegheny Valley Bk. Arsenal Bank... Bank of Ohio Valley. 200,000 i 100.00ft 200,000 500,000 . : stock retirement 102 13 14 7}* 100 104 108 2,500.000 300.000 3,499,969 473,830 92,331,524 3,890,034 4.500.000 4,068,702 115,929,234 20 43 13 H 650 120 March 4, 1936. y I Last sale. h Preferred stock retired. i March 31, 1937. 42}* fcDec. 31, 1936. v y 38 73 10 12 50 50 10 40 100 99 preferred stock or debentures outstanding. June 30, 1936. Ex-dividend. 8}* 7H "45 50 Member of the BancOhio Corp. d Common and 38}* 56 25 alb" 485 price, Preferred c e 15}* 32 100 10 100 100 Sale price. 190 100 5 400 247 5 10 50 215 21 390 240 52 24 So"" 48 15 675' 140 Ex-rights. 39 54 775,578 125,000 '=1 Bank i's 19 on Penn W'h'g A S D Oc Provident Trust.... Real Est Tr On ♦ . . 10 Institutions State Eugene— Portland— lest National Bank. Portland Tr A Sav Bk United States Nat'l 10 10 36,853,859 Liberty Title A Tr Oo Braddock Nat Bank. "lid"" Nomi nal Per share irst National Bank 50 100 100 10 lio a 1 100 20 15 15"" 25 2,557,69" 81,218 2,677,31 370,845 1,582,135 493,842 1,325,803 128,490 17,114,838 112,496,067 i 8,868,217 700,423 9,667,504 1,501,801 i 2,525,549 20,862,834 11,407,063 114,939,160 1,554,527 11,097,784 122 20 30 4,936,203 f 20 \ 20 20 4,852.039 323,743 82 30 : Integrity Trust Co— Oommon 4,300,000 12,732,000 200,000 6.700.00ft 2,320,000 Oo of Pa Preferred Common 250.00' "43" Land Title Bk A TOo 100 \ Oklahoma City— City Nat'l BkATr Oo First Nat Bk A Tr Oo 400,000 1,400.00' Germantown Tr Oo. 4,000.00ft Glrard Trust Oo Industrial Trust Oo dl,132.250 re cent Citizens National Bk Fidelity-Phlla Tr Oo Frankford Trust Oo. 25 2,221,225 Broad Street Trust.. Chestnut Hill T A Tr Finance MoAlester— Nat Bk of McAlester First Nat Bk of McA 100.000 Tioga Nat Bk A TrOo d 412,344 Traaesmen'sNational 3,300.000 Bank A Trust Co. Wyoming Bk A Tr.. d 300.000 1,000,000 Banca Com It Tr Co. Institutions March 31 State Nomi nal. Guthrie— First National Bank. Flrst State Bank... 200,000 Preferred f 66 60 100 Northw'n Nat Bk— 86 9,590,204 4,190,111 20,161,621 162,622 7 20 105,000 I 95,000 J Preferred Dollar Sav A Tr Oo— Common... 1,250,000 1 502,286 2.426,900 Capital notes 371,971 Mahoning Nat Bank <21,425.000 67,063 Mahoning Sav A Tr. <2 350.000 Union Nat Bank 1.250,000 1,825,016 118}* in"" Philadelphia— Oentral-Penn Nat Bk Toledo— Commerce Gwrd Bk Common Common 20 Farmers' BkATr Oo 6.827.070 /100 79,403 454,535 100 Lancaster- Lancaster Oo Nat Bk ... Winters NBA TrOo Harrisburg Trust Oo Oonestoga Nat Bk.. Fulton Nat Bank— Merch N B A T CoCommon 50 100 les Dayton— Preferred Third N B A Tr Co- <2 10 10 25 495* 78 14 AND BAMS June, 1937] j "SS^ST* PENNSYLVANIA ""SffT* Capital Surplus & Profits (Concluded.) s Farmers Deposit Nat First National Bank. First Nat Bank & Tr Co of East Pitts.. 300,000 300.000 650,000 200.000 200.000 200.000 Hill Top Bank Homewood Bank Pittsburgh Per ■ 5,045,662 6.000.000 7*9,876,244 6.000.000 6,533.820 Forbes National Bk. Fourteenth St Bank*. Freehold Bank Hazelwood Bk (The) 52,140,107 96,073,406 97,015,191 400,295 637,806 199,770 962,029 172,419 453,808 i 5,309,917 8.942,021 3,293,516 1,059,626 1,241,158 2,229,583 128,078 430,800 1,728,716 4,290,980 Charleston— share. ilio "210 220 100 260 280 Par Deposits Bid 100.000 i - 1*3,700 200,000 I 217,719 3,965,237 180,000 7.500.000 12,110,629 292,423.485 Preferred Mellon Nat Bank Nat Bank of America Common........ Preferred... Nor Side Deposit Bk 137,500 1 112,500 Common 190 100 100 ..... 50 10 200.000 700,000 50,000 2.000.000 1.000.000 >: Pitt National Bank. Sheraden Bank Union National Bank Union Savings Bank. 150,843 556,693 155,661 3,899,502 3,369,760 475,000 371,449 700.000 h 849,042 Western SAD Bank i Allegheny Trust Oo. Colonial Trust Oo <3,840,000 Oom'wealth Trust Oo 1.500.000 Dormont SAT Oo. 125.000 Farmers Deposit Tr. 1,320,000 Fidelity Trust Oo 2.000,000 Manchester Savings , Bank A Trust Oo. i 7*9,374,646, 3,635,169 6,698,687 29.253.433 20,800,937 2,350,322 275,600 22,393,256 373,747 2.461.874 7*1,739,902 7*1,891,995 118,459 nl ,161,499 250.000 People's-Plttsburgh Tr Oo 6.000.000 7*10509946 Potter Title A Tr Oo i 875,000 7* Providence Trust Oo 150.000 125,000 South Hills Trust Oo Union Trust Oo 1.500.000 Washington Tr Oo.. 500.000 West End Bank..... William Penn Tr Oo. 200.000 175.000 Workingman's Savgs Bank A Trust Oo. 91,492,240 425,693 5,773,177 1,777,007 234,486 373,566 1,790,893 7*76826315 250,261.421 nl ,046,333 6,213,881 1,844,233 165,955 94.000 2.015.000 100 10 1,027,249 ....II Preferred. First Nat Bk of Ool. Lower Main St Bank 50 200.000 35,000 First National Bank. 650 703,817 7*1,299,713 300.000 7* 349,184 1.170.300 7*2.547.223 Common........ 120.000 54.000 Preferred Soranton— t B. Scranton State Bk 200.000 First National Bank4,050.000 Green Ridge Bank200.000 North Scrant Bk A Tr 300,000 Providence Bank... i 300.000 Scranton Nat Bk— 179,651 4,986,694 138,813 n 200,000 100,000 400.000 ... Preferred South Side Bk A Tr. Third Nat BAT Oo■ } 149,638 ..... West Side Bank >-# 67 2,651,543 195" 215" N<1 "I5o 100 50 100 100 100 50 110 ...... Preferred 420,537 155" 100 106 103 25 Miners Nat Bank Second Nat Bank ... W-B Dep A Sav Bk. Wyoming Nat Bank. 2,451,754 J20 240 248 21 22 j 41,296 25 120 Nomi nal Per 385.000 795.000 150.000 1,422,460 plOO 1,419,913 100 4,572,224 100 9,586,772 /100 68,760 75,515 123,368 120,939 47,275 100.000 100,000 Northw'tSecurNatBk Union Savings Bank. 20 45 c 1,070,715 share* N o re cent sa les , 100 50 5 7 10 National Banks March 31 State Institutions TENNESSEE March 31 "■ 100 7700" 100 100 10 T* is 50 35 50 100 <mm* Nomi nal. Per share. m.tmm 12 9 Chattanooga— Amer Tr A Bkg Oo— Commercial Nat Bk: 75 625,000 7 6 100 190 200 150 160 J 368,538 <2,900,000 1,284,923 35,358 115,574 1,060,872 416,976 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 3,500,000 4,115,827 61,494,703 10 30K 31 3.000,000 11,019,941 3.980,000 300,000 587,505 1,000,000 875,208 51,002,223 110 19 H 20H "147"" 155"" 7H 7ys ;12>* 19>* 10 10,112,866 8,333,536 1100 U00 38,237,720 100 Preferred 10 935,399 275.000 375.000 Common 12k 20 Knoxville— Bank of Knoxville... Oomm'l Bk A Tr Oo_ < 50.000 200.000 HamiltonNatlonalBk i 950,000 Park National Bank1,000,000 35 62 64 75 25 First National Bank. Nat Bk of Commerce 75 State Savings Bank. Union Planters' Nat'] Bank A Trust Oo. 150 155 9 10 245 250 40 18 50 15 60 (50 75 i i i i 25 25 49 i 25 "75"" 50 i i "75" ! Common Broadway Nat Bank Commerce-Union Bk Nashville Trust Oo— Common Preferred Third National Bank i 25 9,051,176 1,297,802 23,322,126 14,848,530 3,924,278 7,927.149 200,617 342,787 498,762 2,566,213 10 9 12 4,802,314 5,183,963 20 28 30 230 230 10 25 27 Austin Nat Bank 260 1.000.000 113 450 905,050 26 10 "*27" ~28" 9,750,112 J100 (6) \100 24,059,736 105 100 275 110 285 265 52 110 445 1100 8,119,701 18,208,683 500.000 11.019,454 1,133.300 American Nat Bank 100 50 60 100 355 220 220 Nashville— American Nat Bank Preferred > • u>» !<n i 345 i i Memphis— 1,387,437 151,423 5,630,037 3,085,063 604,384 769,540 750.000 298,750 2,500,000 1.000,000 500,000 500.000 100 10 MarJhZl3 SOUTH DAKOTAa'aV£"<3r<m' Citizens Nat Bk A Tr Corn Bxch Sav Bank First NatT Bk A Tr. 100 Wilkes-Barre— First National Bank Hanover National Bk < 5,826,138 4,277,156 11 10H 50 3,005,603 1,823.921 10 25 Sioux Fails— 156" 102 26 150,000 200,000 \h 130,923 Penna Trust Oo— Common 4,137,688 1,624,640 120 112 4,846,282 15,445,244 133,320 160,204 "45" 25 748,858 H 100* 72 50 25 1,161,869 65,216,470 1,032,657 2,341,737 944,411 646,504 1.000,000 t 250,000 250.000 Common........ 331,299 46,007 r 1100 65 40 ? 43,261,721 /100 Spartanburg— 625 9.386.058 5,310.704 13,741,571 3,985,113 15,960,106 22 Com'l Nat Bank— 100 10 1,000,000 105 66 63 J..50 1-50 Hamilton Nat Bank. 1,800,000 110 100 487,155 469,684 n 250,000 200,000 Peoples Nat Bank... BeadingUnion National Bank Barks Oo Trust Oo.. City Bank A Tr Oo Beading Trust Oo.. 21 100 100 Greenville- 50 100 50 400,000 •i® Columbia— 1 25 1,713,579 11,209,400 1,288.493 29,987,068 32,944,972 16,358,890 5,597,318 506,753 ..... 1,599,992 I 25 66,749 J 503,556 505.J08 South Oaro Nat Bk— 100 Keystone Nat Bk— Common........ 215,408 37,782 Ask Nomi nal Per share. $ $ $ 700.000 200,000 50,000 1,100,000 1,200,000 Citizens A Sou Bank 0 Carolina Sav BankMiners A Merch Bk. at Iron A Glass Dol Sav 25 29 50 105 55 National Banks March 31 31 108 State Institutions TEXAS March 31 Nomi nal Williamsport— First National Oross Surplus & Profits Capital Nomi not. Dollar Savings Bank d Preferred ** SOUTH CAROLINA Si0tMarch 31^* Ask Bid Par Pittsburgh Common March 31 Oross Deposits 109 TRUST COMPANIES 250,000 250,000 225.000 7* Bank Williamsport N Bk West Branch Bk A Tt Per Austin300.000 Capital Nat Bank— Capital stocks York- Preferred stock— Cent Nat Bk A Tr Co Common. Preferred 200,618 2,412.668 10 195.000 335,292 150,000 26,861 100,000 551,229 500,000 190,207 125,000 623,680 225,000 861,396 300,000 537,648 500,000 741,031 500,000 750.000 7*1,255.025 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 10 100 10 250,000 Drov A Mech N Bk. Eastern Nat Bank.. First National Bank. Industrial Nat Bank. Western Nat BankYork Oo Nat BankYork N Bk A Tr Oo. Guardian Trust Oo.. York Trust Oo 9 445,746 721,095 59,820 share. 160 106 3,171.716 /100 •loo" 1100 Beaumont— American Nat Bank. "20" "21" 17H J 131,663 400,000 400,000 200,000 12,463,112 14,052,222 10 "25" "26" 10 582,750 100,00 85.000 < 391,847 465,590 18 First National Bank. Secur St Bk A Trust < 100 20 195 44 Dallas— First National Bank. Hillcrest State Bank 100 N 100 rec 100 sa o ent les 200 25 8,735,294 11,768,172 2,396,269 25 66 60 45 68 10 21H 22H 4,812,649 103,562,542 1,180,081 41,630 8.000,000 25.000 20 48 50 150 160 100 Liberty State Bank: 150,000 88,500 Common Capital notes Mercantile Nat Bk— Common ' March 31 DO AIM? ICY A MA IvtlUUEi iOL/UW Nomi nal. Per share. Newport— Aquldneck Nat Bank 5,833,215 [ 25 I 25 60 518,484 3.040.899 100 30 400,000 235,000 237.908 Preferred........ Newport Nat Bank.. Newport Trust Oo 120,000 300.000 50,176 490,755 Providence— Blackstone Oan Nat. Columbus Nat Bank: 500,000 1,053,691 3,930,530 25 1,689,847 no 11 246,141 1,577,357 160,000 1.000,000 881,728 J100 26,508,097 f 20 1100 20 64,725,006 6,420,659 100 20 19,483,633 42 Common — Common Preferred.. High St Bk A Tr Oo Mechanics Nat Bank Common... Preferred—...— NatBank of OomATr Phenlx Nat Bank Providence Nat Bank Industrial Trust Oo. Lincoln Trust Oo... Rhode 1 Hos Nat Bk. Rhode Isld Hos TrOo Union Trust Oo— Woonsoeket— Woonsocket Trust Oo Common Preferred ........ «25" 61 210 215 49 Common. 100,000 75,000 £ Capital notes Texas Bulk A Tr Oo: iio 50 "130" 125,000 Common * 105,000 I 95,000 120,000 J 2,119.148 61,932 J100 100 75,000 J 43,654 1,785,862 J 20 27 Sale price. t Citizens A Southern Bank of Savannah, Ga., system. elO a Dec. 31, 1935. b Member of First Security Corp. ' 25 25 350,000 4,671,889 216,059 25 150,000 50 "80" 7,419,667 779,404 850,000 ,60 3,333,217 450,000 940,731 150 1.500,000 2,457.779 12,652,850 100 295 4,000.000 9,629,056 116,490.069 100 250 25 1,387,139 58,763 30 125,000 2,500,000 2,872,123 50,365,983 *100 5,000,000 12,017,416 42,848.896 1000 3 165" 1.000.000 1.372,412 24,784,343 100 140 c March 17. 1937. d A mutual savings e 236,345 3,148,157 J100 I 60 bank. Preferred stock retirement price. / Member of the Northwest 0 ^ > Bancorporation. Affiliated with the Citizens A Southern Nat, Bank of Atlanta, Ga. [ h March 31, 1937. 1 Common and preferred stock outstanding. k Stock all owned by I Last sale. 200,000 1 248,750 / U00 50M Oak Oliff Bk A Tr Oo: Capital notes..... 150 45 : 60 80 86.391 3.523.163 347,746 4,000,000 Nat Bank of Comm. Dallas Nat Bank... March 17 826,766 900,000 RepubllcNat Bank. Stat* Institutions 3,674.381 95,488 1,100.000 V Preferred. National Banks J nDec. 31, p x the Rhode Island Hospital Trust Oo. a 1936. Affiliate of the First Bank Stock Corporation, Ex-dividend, „ 29 National Banks March 31 State Institutions Surplus & Profits National Banks March 31 TEXAS Capital TRUST COMPANIES AND BANKS 110 March 31 Par Bid Capital Ask Nomi nal. $ $ 11 Paso— 373,187 983,723 300.000 300.000 El Paso Nat Bank.. State National Bank Per 9,186,553 19,844.874 750.000 378,673 14,460,129 1.200,000 262,500 Continental Nat Bk. First National Bank: 808,317 32,898,200 a Common Preferred Ft Worth Nat Bank: J.500.000 11,671.248 Common 34 36 333,930 341.227 13,528.877 4,501,847 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 a Merch A Planters Bk o Citizens Nat Bank.. 200,000 164,056 les Petersb Say A AmTr a 276.000 61,759 2,029,138 2,591,879 Portsmouth— American Nat Bank. Oltisens Trust Co.. Merch A Farmers Bk a a 500,000 250,000 h 450.000 h 373,921 71,797 278,837 5,902,343 1,074,745 2,535,787 565,222 807,657 74,678 3,232,120 106,120 10,595,016 16,970,018 1.250,000 11,139,858 1.900,000 376,766 200,000 109,664 200.000 Southern Bk A Tr Co 579,452 Virginia Trust Oo al,100.000 46,885,444 n 750.000 500.000 407,014 657,439 8,610,849 9,545,874 100 50 a 300.000 66,696 4,101,334 100 National Bank— Houston— Bank City National Bank: Citizens State 500,000 1 100,000 Common.... Preferred First Nat Bank— 174.285 10,419,529 I 110 95 RichmondBank of Oomm A Tr Uoo 45.467,985 rioo uoo 359,181 550.000 1 450,000 Preferred 1,000,000 Second Nat'l Bank.. Nat Bank of Comm. a3,250.000 2,505,287 273,321 State National Bank a1,000,000 Union National Bank i.000.000 1,380,195 13,627,621 rioo 110 Houston Nat Bk— o Common *1,461,226 ..... South Texas Com¬ mercial Nat Bank. 1.500,000 1,948,308 278,621 200,000 Fidelity Trust Co... 782,580 600,000 Guardian Trust Co— 367,406 Houston Land A Tr. al .500.000 San Jacinto Nat Bk325,000 1 >120,341 Gommon 325.000 Preferred 1125 Mech A Mer Bank.. State-Planters aUO *225" 100 280 300 100 100 110 120 230 37,215,913 177,991 5,596,885 5,359,413 100 300 , 315 100 100 145" 150" 100 150 4,727,733 3.515,997 5 5 Jil g ----- 7350 100 25 240 50 30 250 120 38 117 37 25 100 10 10 10 ; "loji 10 N 50 0 100 re cent 100 sa les 38 34 36 32 20 !8 "56" "57H 20 100 100 Bank A Trust Oo: Common Preferred 3,666,630 2,801,293 6,862,118 22 life 23 mmmmm 25 "70" 15 23 80 50 mm mmm mmmmm Roanoke— Colonial Amer Nat B First Nat Exch Bank 6,055,641 26,356,733 3,915,599 306,793 1,485,972 342,707 a700.000 1.000.000 800.000 Mountain Trust Bk. 110 (100 50 100 50 liS 100 100 80 100 16.345,121 8.000,000 200.000 ■ 684,841 67,986,380 2,003,379 Bar Bank A Tr Co.. 100 (100 \100 1-°2S 80,005 Consol Bk A Tr Co.. First A Mer Nat Bk. 5165' 27.327,722 35,835,369 8,056,661 24,750,662 5,039,494 600,000 Central National Bk. 150 Preferred 7145 100 40 36 20 3.000.000 11,677,115 2.250.000 Common........ 7140 60 Petersburg- 100 cent Hutchlngs-Sealy U S National Bank. 243,947 640,451 3,415,087 7 152H 100 100 . Galveston— City National Bank. First National Bank. 157,000 100.000 300,000 75,176 74,118 441,745 Mer A Mec Sav Bk.. 10 100 200.000 200.000 a 4,336,301 3,854,900 a Ask Norfolk— 20 486,156 963,322 499,791 328,866 Loan Bank 20 40,221.976 8,ill ,044 600,000 500,000 Oom'l Tr A 8avs Bk: uynchburg Tr A S B. 39 20 20 6,735 80,653 506,525 Depositors Industrial 60 950.000 15,420 245.000 Preferred Fraternal Bk A Tr Co Union Bank A Tr Oo 1,000,000 First National Bank. Lynchburg Nat Bank A Trust Oo People's Nat Bank.. Bid Par Nomi nal. Per share. 349,000 250,000 Nat Bk of Commerce 2,500,000 Seaboard Oitz N Bk. 1.500.000 166,400 Southern Savings Bk a share. 100 100 Fort Worth— Deposits $ S Lynohburg— Cross Surplus & Profits Cross Deposits State Institutions March 31 VIRGINIA * Port Arthur— 532,444 361.599 100.000 100.000 First National Bank. Merchants Nat'l Bk. 100 San AntonioAlamo National Bk: Common. 500,000 Preferred Bexar Co Nat BankCommon........ j 832,825 965,000 200.000 100,000 1.200.000 Preferred Frost National Bank 125.783 132 148 24 38 uoo 2.495.726 National Banks 50 1.223.279 100 5,015,397 (100 1100 21,341,515 100 87 350.000 135,000 91,916 Nat Bank of Comm. al.000.000 National Bank ofFort 100.000 Sam Houston a389,800 San Antonio Nat Bk South Texas Nat Bk300.000 Oommon 716,296 .... Preferred 40,724 86,925 246.379 1,274,096 3,929,015 3,703,328 103 dlOO 1 . 140 60 110 100 100 i 20 66,966,693 c 25 19,214,393 190 20 20,244,387 4,529,383 3,059,704 1,019,132 2.500.000 2.500,000 > al ,000,000 e 200.000 1 a 300,000 * t 400.000 i. k 550.000 175" 100 pS ,000,000 e 512,164 > 40>4 168 r 44 2,350,036 1,826,103 5,461,549 5,180,402 100 20 20 100 174 46 40 35 65 6,409,839 94,573 103,605 120,694 457,282 ihare 39H 100 ♦22« 25 70 Spokam Waco— Oltlsena' Nat Bank.. First National Bank. Per Seattle— Groos Nat BankCommon Nomi nal. 235 200 32,220,916 WASHINGTON 3101March 31*°™ March 31 <150 60 322,455 435,286 70.786 250,000 950,000 100.000 a National City Bank. 7,240,392 10,549.574 717.074 100 60 100 ka Preferred _. . 498.100 139,047 J 175 75 100 160 65 550,000 I 477,800 26,000 200,000 81,419 522,362 al ,450.000 a 800.000 981,337 219,454 15,750,159 4,921,885 N 450.000 _ 0 o re 20,797.980 (100 \100 1,366,457 100 7,668,143 100 cent sa Tacoma— Natiimal Banks March 31 a State Institutions UTAH k March 31 185 100 25 2?g 16 Nomi nal. Per Ogden— Commercial Sec Bk 550.000 First Security Bk NA Salt Lake City— Dontl Nat Bfc&Tr Co First National Bank Utah State Nat Bank Eton's Sav Bk A Tr . Utah Sav & Trust Co share a a a 6,260,711 18,670.251 100 024,000 68,523 1,139,502 900,000 750,000 750.000 1,000.000 300,000 398,982 718,124 821.577 1.110,936 207,146 12.053,558 16,849,808 14,547,658 13,991,010 3,285,899 100 60 100 200 100 100 205 175 200 600,110 27,072,409 (100 115 125 mmm 100 Capital notes.... 1,500,000 1 550.000 Nomi nal. 70 225 Charleston— 220 Charleston Nat Bk: 100 Common. I— 700.000 Capital notes Kanawha Valley Bk, Nat Bank of Oomm. Central Trust Oo... National Banks March 31 VERMONT Nomi nal. Qranite S B A Tr Co a People's Nat Bank.. Quarry S Bk A Tr Co 310.000 200.000 205.000 474,518 159,351 152,174 3,504,814 2,.677,660 1.947,684 100 100 100 ^ 931,326 N o 5,168,357 {100 re cent 20,538.365 2,414.301 s 725,748 165 sa les 100 100 Wheeling- State Institutions Dec. 31 * Per 21,273,930 f 25 \ 40 500,000 I 247,854 160,000 1,000,000 1,339,902 61,898 200.000 263,147 500,000 Common...... ..... share Per 1.062,500 ....... KS^ffiBkiATYOo Walker Bk & Tr Oo: Common WEST VIRGINIA StaUMauh 3i<0,M March 31 share. 125"" 155" 6,191,372 5,846,332 653,097 3,395,762 100 100 N re cent 100 sa les Montpelier— Capital S B A Tr Co 100 100 5,424.887 100 449.605 500,000 500.000 100.000 300,000 59,453 550,663 496,643 157,094 712,296 1,430,240 5,006,480 5,535,942 1,139,404 4,929,583 25 1.800,000 2,320,372 19,324.736 Say Bank Nat Bank of W Va_. 1 Nat Exchange Bank. Se Side Bk A Tr Oo. I 150,000 . 95 85 'mmmm 100 "75" 100 100 90 100 250 155" 100 100 152 160 o 40 1,158,652 478,927 1 Security Trust Co.. Wheeling Dollar Savs Burlington— Chittenden Oo Trust a 512,500 / 665,526 600.000 SewardNatBkATrCe 416,302 150,000 Merchants Nat Bank 66,862 Burlington Trust Oo. al.085.961 /1,232,512 81,280 600,000 Center Wheeling Say Citiaens Mutual Tr Oo Half Dollar Trust A a 407.500 / 222,239 2,655,470 150,000 189,200 100,000 619.951 230,385 2,678,476 (100 73,582 224,156 1,871,005 1.141,736 100 150,000 100,000 394,135 138,985 2,659,782 1,008,981 100 100,000 125,000 a257.500 150,551 2,906,272 (100 1100 2,016,330 100 A Trust Oo , First National Bank: Common Preferred Montpelier Nat Bank Mentp'r S B A Tr Oo a \100 150 e 20 Rutland— Olement Nat Bank— Killlngton Nat Bank Rutland Co Nat Bk: Common Preferred. Rutland Trued Co... t Stock of South Texas National Bank of San Antonio, Texas, all held by Central Securities Co. with exception of directors' qualifying shares. • Sale price. ■ •' a Common and preferred stock or debentures outstanding. b Member of First Security Corp. > -Hv;:. v ; > c Member of the Marine Bancorporatlon. i; d Preferred stock retirement price, Member of the Northwest Bancorporatlon. 148,483 N o re cent les , /March 31,1937. > > I fir June 30, 1936. '.'iv.-,;.; V,-.. h Dec.31,1936. ■ v• •i Member First National Corp. ■ • _ k Seattle Trust & Savings Bank of Seattle, Wash., acquired the Tower Savings Bank of that city on May 8, 1937, and the latter will become a branch of the former institution. s K. I Last sale. * 7>:■ n Preferred stock retired. 0 Controlled by the Joseph F. Meyer Interests. • p Seattle-First National Bank on May 13, 1936 acquired the Ffrst Say¬ ings & Trust Co. of Colfax, Wash. r Member People's Corp. , 10 __ , , . sa , , . , s Trust funds. t The Old National Bank A Union Trust Oo. of Spokane, Wash.; effective May 10, 1937, absorbed the Bank of Rosalia, Rosalia, Wash. t x Ex-dividend. June, 1937] BANKS National Banks TRUST COMPANIES 111 State Institutions U/ICfTIMCINI WldlAHlDIN March 31 AND Dec. 31 Canadian Bank Statements Capital Returns Gross Surplus & Profits Deposits Bid Par are all of Mar. 31 1937. Prices are per cent, not per share. Ask Nomi nal. La Crosse— $ 500,000 al75,000 400.000 100.000 b Batavian Nat Bank. $ Exchange State Bank Nat Bk of La Crosse. State Bk of La Crosse Per 5,0^7,439 20 1,101,316 100 6.378,488 e 20 269,347 , 40,338 253,080 143.965 2,819,014 100 74.416 97,829 97,946 1,916.249 6,007.238 2.940,555 20 25N share. 30 o re cent sa les Milwaukee- ;:v': Amor State Bank 200,000 b 500.000 350.000 Badger State Bank d City Bank A Tr Co.. a 19 > Gross Par Deposits Halifax% $ Bank of Nora Scotia 12.0M.000 24,000,000 241,968,620 d 100 Surplus & Profits Capital Bid Ask 22 "45" "55" Per 100 cent. 325 First Wise Nat'l Bk— Common......... 5,000.000 15,687.488 199.492.361 9.000.000 a350.000 b 110.096 1.419,420 100.000 b 77,419 1,381.671 Preferred Home Savings Bank. Kllbourn State Bk.. Lincoln State Bank: Common j 100,000 1 33,174 300,000 2.200.000 1,357,569 Income debentures Marine Nat Exch Bk Marshall A Ilsley Bk G2.992.500 b Mitchell St State Bk. a 600.000 Northern Bank 100,000 Park Savings Bank.. State Bank of Milw. TeutonlaAveStateBk West Side Bank Wisconsin State Bk. First Wise Trust Co. 100 34.772.037 20 43,859,545 26 814,399 163,296 668,331 Per Bank of Toronto 6.000,000 9.000.000 113,544,065 Can Bank of Comm. 30.000.000 20,000.000 522,007.201 Dominion Bank 7.000.000 7,000.000 116,920,410 Imperial Bank of Can 7.000.000 8,000,000 129,132,486 49 29 100 1,734,903 1,833,146 3.965,070 3,469.734 2,623,033 Toronto— 46 ■ 20 1.827,812 1,242,639 1,631,061 39.614 47,122 550.000 475.000 400.000 6 300.000 1.000.000 8H 20 985.429 699,789 37,336 11,958 49,260 a550,000 a 7M '4 "II" "I§" , 8 8 20 20 100 20 150 ' i V •' 32 Montreal- 100 • * Per a cent. 235 158)4 159 254" 205 Sale price. t Wisconsin Bankshares Corp. WYOMING March 31 199" 222 9 36,000.000 39,000,000 691,180.784 7.000,000 5,000.000 125,393.152 BarclayaBk (Canada) 1,500.000 750,000 12.544,132 Provincial Bk of Can 4,000,000 1,000,000 44,755,968 Royal Bk of Canada. 35.000.000 20.000.000 747,716,612 National Banks 234 198)4 12 200 34 Banque Oanadlenne. ;J 100 100 100 100 100 cent. 257 'loo "45" "50" Bank of Montreal • 100 100 100 100 stock, no par Common and preferred stock debentures outstanding. 6 March 31. 1937. 1 Cheyenne— American Nat Bank. Stock Grewers N Bk. 264,120 251,440 250.000 300.000 5,527,361 7,589,485 Quotations Bid. 5s.. i ..... Atlantic 5s / Burlington 5s California 5s Chicago 4Ks 5s ; Dallas t 3s 100 Denver 5s First Carollnas 5s First of Fort Wayne 4)4s....... First of Montgomery 5s First of New Orleans 5s First Trust of Dallas 5s Fletcher 93 96 99H 96 99 I Last sale. m 102 101 95 98 101 97 Greensboro (NO) 5s Greenbrier 5s Illinois Midwest 5s.. Bid. x Ex-dividend. ......... .... Kentucky 5s Lafayette 5s.... Lincoln 5s... 84 ......... Virginia-Carolina 5s Virginian 5s_. 40 — 100 Atlanta 61 Dallas 102 Pacific Coast of Portland 5s... Pacific Coast of Los 100 Angeles 5s. 100 103 100 76 81 Pacific Coast of Salt Lake 5s... Pacific Coast of San Francisco 1 Des Moines First Oarolinas Freemont 78 83 5s Potomac 1 Atlantic 100 .100 .100 .100 .100 - .100 ... 101 Lincoln, 105 107 New York 107 5s 99)4 100)4 102 100)4 Par Denver ......... ... . 99M ........ STOCKS 99)4 99 X 99)4 ..... 100 Pennsylvania 5s Phoenix 4)4s 101 98)4 99)4 100 101 ... ..... 85 24 100 100 ... Ohio-Pennsylvania 5s..... Oregon-Washington 5s 30 102 S7 26 100 5s 93 100 ........ Maryland-Virginia 5s Mississippi-Tennessee 5s_. New York 5s North Carolina 5s 97 Ask. 27 Southwest 5s Southern Minnesota 5s Tennessee 5s Union of Detroit 4>4s 100 99 ...... Bid. St Louis 5s San Antonio 5s 100 ... Bonds and Stocks* Ask. 100 100 Illinois of Monticello 4)4s Iowa of Sioux City 4)4s Louisville 5s '■ ;;; ^ for the last day of the month preceding the date of issue Bonds. 60 102 6X Corp. Member of the Northwest Bancorporation. 100 X 100)* 101 99H ......................... e 100 100 First Texas of Houston 5s First Trust of Chicago 5s.. 8)4s Not 6 1945 opt Fremont 4&s 5$ 100 99 H ... April 1 1944 5s. 50 — / 5s 101 102 are 100 Ask. 100 100 Bonds j Atlanta d Unit of the Wisconsin Bankshares share. 108)4 North Carolina 100 101 Pennsylvania Potomac..—........... 100 ..... San Antonio Virginia Virginia-Carolina ......... .100 .100 .100 .100 .100 .100 .100 40 48 70 14 58 50 52 75 18 63 8 I* 14 18 32 20 24" 60 .100 —5 47 1 .100 50 63 52 •ft Quotations are as near as possible for the closing day of the month preceding the date of issue. Bid. Bonds. 73 Albany Metropolitan 4-6s 1949.. Alden 6s 1941 bonds A ctfs—J A Allerton 55th St 5X8*453% to *3" 6/ * M» Allerton N Y Corp New cum Income 6s 1955. / Allied Owners Corp 1st Income 4-5s 1958—JA. . - 75 43 X MSSMW / / 52 43 48 / 50 ■ . 64 / 67 84 91 70 . / 24 47 30 _ 29 Keith Memorial Bldg 6s 1943— 51 Lake Sh Ath Club (Chic) LaSalle Wacker 5s fixed 23 ■ 68 71 29 29 30 30 32 35 „ „ 67 93 68X 40 42"" 47 55 . 43 X 103 103 Bush Term Bldg 1st 5« 1960.AAO Butler Hall 4-5s 1947 -JAJ 60X 105 105 11* 49 Cambridge Court Apt 6 Ha 1937. Cent Manhattan Props 5s'46MAS / 14 Central ZoneBldg inc 6s. 1941 / 70 Chain Store Depot 6s 1940—MAS 93 Ohanin Building— 61 1st Leasehold inc 4s 1945-MAS 56 65 28 61"" ^\* 99 / 75 70 15 Oleye TermBldg 1st 6s 1941.JAJ 57 17 Cloisters "The" (Chicago)— Colonial Apartments 6s 1937 30 67 Cm^eM^S^uare Hotel (PortMe| 99X ^ 1st 6s 1942... MAS Cousfc A Kemsen Sts 6s 1940 — „ 13 101 59X 39"" 34 X 40X 10 32 47 47 14 X 70 15 Park Row 4s w s 1952.... 36 37"" 81 80 84 82 22 19 51 29 55 62 56"" MAS 54 fj ®Vth Ave 6s-4s 1943 62d A AAO 55X 48 X £•" Fox 6s 1042 AAO Metropolitan Playhouse— sink fund Fox New conv 6X% ctfs 1932- / Academy of Music X? to 1941.MAS 1st leasehold 6 33"" 52 58 X 13 COB'way Bldg 3-6s 1946 Madison Ave 6s 1947...... 55 Fifth Avenue 6s 1944...MAN 500 Fifth Ave 6Xs stamp 1949-. 1500 Walnut St (Phila) 1st 6s *471512 Spruce St (Phila)— 1st mtge 6s 1943 AAO 40 Exchange Place 5 Xs 1956.JAJ 40 Wall St Bldg 1st 6s 1958 42 Broadway Bldg6s 1939...JAJ 48 West 48th St.Bldg 6s 1936... 1400 B way Bldg 6Xs stm-1948— 1410 B*way Bldg 3Xs 1941.AAO six 50 40 26 29 22 22 19 65 75 27 X 20 45 X 9X 1st s f 6s 1941.— ..MAS / Fox St Louis Theatre Bldg— 1st s f 6Xs 1942.... AAO / 29 10X 62 98 11X 14X Called July 15 at 103. / Flat price. 54X 75 76 79 52 45"" 38X iox 70 22 Loew State Bldg (Los Ang) 6s '42 Loews Theatre Klty 6s '47 MASia Lombardy (The) 6s 1942—.MAN London Terrace Apts 6s '40 MAN / Lord Bait Hotel g m 6Xs *45 AAO f Lord Nelson Hotel s f 4s '47.MAN 5Xs 1942. JAD / 25 84 61 86 97 X 96 H 56 48X 76 62X 15X / 31 Manhattan Towers— 1st 6s 1946... —MAS / Marcy (The) 6s 1940—.FAA Mark Hopkins Hotel (San Fran) 7 69 SIX 64X 16X 83 9 71 85 50 93 8§" " 28X 100X 61 95 102 68 w 10 75X 18 61 ..... 47 FAA series B-K series 02 series OW-1 series FI............... 5X8 series Q..._. 19th A Walnut St (PhUa) 6s 1939. 1900 Rittenhouse Sq (Phila)— 5Xs 1943 JAD —.— — f / / p ¥oH 106 X 30 31 49 53,y 69X / 41 44 54 X / / 45X 25X / Income deb 6s ser B 1959.MAS Robert Treat Hotel (Newark)—* f _ 60 74X 02 7 . 6s 1943 ..JAJ/ Roxy Theatre 6Xs 1940 .—AAO / Russ Bldg. (San Fran.)6s '51 FAA Ruaseks 6th Ave Bldg 6s 1944— / _ / AAO / AAO ...AAO Savoy-Plaza Corp 6s 1945..JAD / 1st s f 5Xs 1945. ....JAD / 3s with stock 1950 —... 17 54X 86 X 47 18 1938—— „ 20 99X 99X 21 21 42 „ Schulte Real Estate 6s 1935^- Withstock—...........JAD / com stock—.—JAD / Debenture! 1951......—JAD f 17 ; Without SevillarBUt Hotel 7Xs'37..MAN/ SbeiOurn.lnc(AtlCyju H*'40 JAJ / - Sherry-Netherland Hotel 5X« '48 Certificates of deposit.. Sherneth Oorp— ^ 5 20 27 27 48 58 12 33 X Gen mtge 7s 1946 ..——AAO 616 Madison Ave Bldg 0Xs 1938. Social Service Bldg (Phila) 6s—— Speed Building (Louisville, Ky)_ Income 5sl945-........MAN Stanley-Mark Strand 6Xs 1941 Stanley Real Bsc 5X« '45 .JAD State-Randolph Bldg (Chicago)— 64 94 . 5XS 1942..——......MAN 30" 26X 3-5 Xs deb inc (w s) 1956— 60 Park Place Bldg 3Xs-5s..l947 Sixty-One Bway 5Xs 1950—AAO 95 / State A Wash Bldgs (Chicago)— 1st sink fund 5s 1948ser A JMAS Sink fund 5t 1048 «er B .MAS Station J Post Office 6s 1947— 19 30 5 94X Steuben Bldg (Chicago)— 1st 6s 1943. —MAS f Strauss-Manhat f r t f ^ 9 17 Stevens Hotel (Chic) 6s 1946.JAJ f 17 Certificates of deposit—... Income 5s W-S 1950— 38X Stone A Webster Bldg (Boston)— v 101 5s 1947...— —MAS conv 6s *33.JAD Syracuse Hotel 6X» 1940— T»rt Realty (New Hav) 6s'40AAO Income 3s w-s 1951—...... 10 East 40th Street Bldg 5s 1953. Non-cum Inc 6s 1958— ..MAS 1088 Park Ave Bldg 6s 1939— "*Bxtlle Bldg 1st 6s j1958 MAN Gen 7s s f w w 1948 MAN Textile Bldg 1st 3-5s (w s) 1958— Textile Crafts Bldg 1 s w s 1944— Trinity Bldg 5X« 1939—.JAD Trinity Court Bldg 4s 1941.MAS Stamped— r f f f 28X 72 X 47 38 81 16 49 46 X 5 47 x 31 87 99X 101 Unstamped............. 64 X Bldg 4s —...1946 .3 Lexington Ave 2s 1950....... t 25 41 29th St Towers Bldg 3s 1942— f 2124-34 Bwa 5«t—1943 r 16X 2480 Bway B_ 2d mtge 3s 1944. r 39 78 25 85 10 14X 1st 6s 1943— MAN / One LaSalle St Bldg 6s 1949 JAJ / One Park Av Bldg 6s to '39.MAN 2d s f 6s 1951 MAN 63 27 X 28 X 64X „ Olympic Hotel (Seattle)— —— 84 3 55 General s f 7s 1941— FAA / 13 Orpheum Theatre A Realty— 6s 1946-MAS / 83 68 82 Biulding— fine 5Xs 1948—...... f Vanderbllt Ave Bldg Oorp— 82 X Palace HoteKSan Fr) 5s '45-FAA f _ Tyler 1st 1st m s f 5s 1962 .....AAO n Oliver Cromwell 6s 1939........ f k Last sale. Income 5s 1943-.———— / 50 40 Gen inc 6s July 1 1953 (w s)— t Un Post Offices 5Xs '35.FAA15 t 33 » Nominal, o 28X 32 50 „ 16 25 „ 67 X 48 X / 1st cum income 5Xs 1945. JAD / North Station Indus Bldg (Boat) — _ 13 79X Park Ave —... 5Xs 5Xs 5Xs 5Xs „ _ Oonv ■ f deb 6s 1948—-JAD15 104 X N Y Athletic Club 6s 1946—AAO f 28 1st M 2d sU>d A reg 1955 / 28 NY Postal Service Station— — 8r,»tioij. I* Repub Bldg(Denv) 3-5s'49.MAS Retail Properties— Deb 58 series A 1959—MAS a ... 5Xs 1937— . (Chicago)— ■ 6s May 1 1941-.. ...JAD / 1st extended inc 5s 1950.-JAD 1 Realty Assoc Sec Oorp— . „ > 6Xs 1941——... .MAS / 82 Marshall Sq Bldg (San Fran)— Income 4-6s 1944— .FAA / 48 Marshall-Wells Buildings— 1st 6Xs 1937 _r___._.FAA 91 Mass Cities Realty 7s.... 26 Mayflower Hotel (D O) 5a 1950— 86 Mercantile Arcade Bldg (Lob Ang) 1st s f 5Xs 1953 JAD / 27X Mercantile Properties, Inc— Sec s f 5Xs 1046 —JAJ 99X Merchants Nat Prop 4s 1958(w s) / 59 Metropolitan Biding (Toronto— 7s 1944. —.—...JAJ ♦ 102X Metropolitan Chain Properties— 1st conv s f 6s 1948.—.MAN 93X Metropolitan Oorp (Can) 6s 1947 99 Metropolitan PlayhousesDebenture mtge 5s 1945__FAA 66 100 Millinery Center Bldg 7s 1944... Munson Bldg (N Y) 6Xs'39.MAN 35X New York Title A Mtge— 5Xs series B-I Qulncv 5Xs — Adj mtge inc Apr 15 4Xs 1950- y Natl Tower Bldg 6Xs 1944 AAO J Neisner Bros Realty, inc— / / Realty Co Ltd—* -1st 5Xs 1940 MAN/ ,74 104 Provident Loan Society 6% ctfs.. Prudence Company— 5Xs double stamped 1961—... 5Xs unstamped 1961... / 70 Saks Realty 6s 1945—. 6s 1946 stamped 69X .JAD/ Nat Hotel of Cuba 6s 1959.MAS Nat Press Bid 3-5s 1950 April 1— 2I* 65 50 37 St Louis Post Offices— 55 49X , ^^General 7s 1941 45 / , 23 A Office Bldg 6s, 1941-MAN / Gen income 5s 1983—MAN / „ St Charles Hotel (Atl Oy) 4o 1945 67 X 67 . Pantages (Alex) 6s to 1947.MAN * 29 Lincoln 42d 8t Oorp— Income 5Xs w s 1963 —FAA Lincoln Mtge A Title— Guar 5 Xs ctfs of deposit—— Loews Midland Theatre / „ 48 MAS Park Lexington 6Xs ctfs 1953 Park Place Dodge Oorp 6s vtc *52 Pennsylvania Bldg 6s 1939—MAN Philip Schuyler 6s serial—...*. Pierrepont Hotel 5Xs 1940..— Pitts Hotels Corplst 6X* '48M *•» Poll New Engl Theatres 5s.1958 67 27 80 ■ 2§X 63 103 East 57th St Bldg 6s 1941 111 John St Bldg 0s 1948. FAA 124 Fifth Avenue 5s...— f 165 Broadway Bldg 5Xs '51 FAA f %* 77 39X Fox Theatre A Office Bldg „ 88 (Erie,"Pa".)"" —— Paramount Bway Corp.— 1st M s f 3s loan ctfs 1955 FAA Park Central Hotel 6s ctfs 1935. / Park Oresent 1st 6s 1940—MAS f Park Lane Oorp 0X« 1943—JAD / Price 28 - (Brooklyn) AAO M* Davidson Rlty 6s w w 1940 AAO 105 Detroit Hotel 6Xs to 1941..MAS f 37 Dorset (The) 6s 1941 ctfe * 31X Drake (The) 6s 1939 39 MAN Eastern Ambassador Hot 5Xs '47 8 31 Edgewater Beach Apts 6s to *43— 11 Park Place Corp 4s 1948 45 11 West 42d St 4s 1945 45 MAW Eppley Hotels 1st sf 3-5s 1951 JAJ Equitable Office Bldg 5s 1952 Deb 5s Legended 1952 ..—I Ferry Sta P 0 (San Fr) 6s 1934— Ftoi Center Bldg 6s 1943—AAO 5th Ave A 28th St Bldg 6Xs 1945. 5th Ave A 29th St Bldg 6sl948—. 6th Ave A 55th St Bldg 6Xs 1945- 65" 68 20 ... Majestic Apts 6s 1948...... 24 10 58 101 98 OhlcHerald A Exam 6Xs '50 MAS Cigar Stores Realty Holdings— 8 f dob 5Xs 1949 ser A.. JAJ Circle Theatre 6s unassented 1936 6s assented 1936 6s 1948... Lords Court Bldg 15X — Ohesebrough Bldg 6s 1948—AAO „ , Bryant Pk Bldg (NY) 6Xs'45JAJ Budd Realty 6s June 1941..JAD 6s Sept 1941... MAS Chicago Evening Amer 6s 1936— 73 9X Lefcourt ManUat Bldg— 1st 4-5s exten to 1948—.— Lefcou t State Bldg— Extend 1st 4-6 Xs 1948..—.— / Lewis Morris Apts 6Xs 1937— J 98X 89 2d Leasehold inc 2s 1945.MAS 3d Leasehold inc 1st 1945.MAS 45 84 6X« *45 Units.....—....... Lawrence Hotel . 36 52 X 73 / —■—.— 13 "&H* 1935—.............JAD / 71 Uairiman Bldg 6s 1951— MAN 62" Hartford Times deb 4Xs '51 MAN 101 Hearst Brisbane Prop— 6s 1st fee A leasehold 1942.—. 85X Herald Square Bldg inc 6s 1948— / 47 X 1st sf income 5s May 11948... / 46 X Hotel Governor Clin 6s *48.AA01 27 X Hotel Lexington 4s 1955...MAS / 60 / 7s stamped 1940 / 15X Insurance Center Bldg 6X" 1943 ' . Benf Franklin 6s ctfe 1933...... / Berkeley-Carteret 5 Ha '46.M&N Bing A Bing deb 6X» 1950-MAS / Income 7s 1950 MAS / 52 67 90 29 29 34 X 43 71 30 Greeley So Bldg 6s I9«n was Harding Court 6 Xs 1934—MAN Hotel Sherman (Chic) 5Xs '46JAJ Hotel St George 4s 1950—— Hotel Syracuse Inc 3s 1955 Hurt Building 7s 1940 JAJ 70 / 2nd income 6s 1949—— / f / / 48 Bid. Bonds. Ask. „ 32 / , f _ 54 _ Bway A 38th St 7s 1945—JAJ Bway A 41st St Bldg 3-5s 1944... £ Broadmoor (The) 6s 1941....... / Brown Hotel (Louisville)'— 1st sinking fund 5s 1949 Fuller Bldg (O A F Realty Oorp) 1st s f 5Xs 1949 unstpd... JAJ 6s I94« Jaj Gair Realty Oorp 5s 1948 JAD _ 82 1st, 2d 1956.—... ..... Broadway Dept Store (Los Ang) Debenture 6s 1941 MAN Bway Mot Bldg (N Y) 6s '48 FAA Bid. George Washington Hotel 6s 1944 Certificates of deposit——., 99X Granada Apt Bldg 6s 1938-MAS 65 Grant Bldg (Pittsb) 7s '47—FAS Graybar Bldg itt&st Offices toci83 1st mleaseh 5s 1946—.JAD . Boston Postal Service— 5Xs July 1 1938-.——.JAJ B*way Barclay Office Bldg 6s 1941 / Certificates of deposit—/ Bonds. 24 23 J&J Debenture 2~4s 1963 Ambassador Hotel (Los Ang)— 15-yr inc 5s with stk 1950..... Amer Insur Un Bldg 6s '41.MAN Arcade Bldg A Blty (Seattle)— 3-6sl948. ..........JAJ Arcady-Wilshire Co (Los Ang)— Non-cum Inc 5s 1949 ...J&J Arrowhead Lake— ■' 1st 7s 1944-1947.———JAD Assoc Realty Bldg (Los Angeles) Income 5s 1948..........JAJ Baker Hotel (Dallas)— 1st s f 5s 1950 (with stk) .FAA Bait Parcel Post 5Xs 1949 Baumann (L) 6Xs '36 (L I).AAO 6s (Brooklyn) 1942 ...FAA Bellevue-Stratford (Phlla)— Ask. s 1st leashold 6Xs 1944—JAJ 15 75" Walbridge Bldg (Buff)6Xs 1938.. 67 X 87 fr 67 15 65 70 84 r Yan Sweringen Co—* 1st 6s with warrants 1935.FAA f 1st A coll 8 f 6s 1938— ...AAO f Van Sweringen Oorp 6s May 1 *35 f Varlck St Sta P O (N Y) 6s 1941 Wabash-Monroe Bldg 6s 1953 JAJ Wadsworth Bldg (NY) 6s '53 AAO 25 10 26 28 3 77 X 99 X 58 f 24 Waidorf Astoria 7s w W1954.MAS r 36 Non-cum Inc 5s 1954.....MAS 1 31H Washington Properties inc>7s 1952 r 53X Westinghouse Bldg 4s 1948.AAO f White Motor Realty 6s 1940—.— / 63 Woodbridge Bldg 5H* *41—AAO 7s 1940.................AAO 60